Condon globe. (Condon, Gilliam Co., Or.) 189?-1919, 1894-06-15
or INTEREST TO WOOL
! GROWERS.

The following extracts are made
from the Ameriean Shesp Breeder
published in Chicago, of May 10th:
On the strength Of marking up
wools it is understood they (Swift
& Co. are now selling thousands
Of pounds to manufacturers in the
Dominion of Canada, who claim
that the wool is cheaper at the ad-
vance than they can have the same
quality ofstock for in Europe. One
large concern which uses several
hundred thousand pounds Of pulled
are placing their orders for machine
pulled wools in Chicago. This is
not all; the great tariff fight that
has been going on in this country
30 long has advertised American
woods throughout the world. Sam
pies have been sent to several
countries, and orders have imme-
diately followed for several kinds
or stock, showing plainly that
American wools have value
whether we have tariff or free
wool, and it certainly proves to
anyone interested in the wool busi-
ness that the prices of our wools
the past season have been carried
far below their instrinsic value.
There is little change to note in
the Eastern wool markets. The
same uncertainty surrounds. the
wool and woolen manufacturing
interests, one and all impatiently
awaiting some settlement of the
tariff at Washington. Visions of
free wool fit before the eyes Of the
wool grower. He sees ship after
ship arriving laden with precious
fleeces from foreign countries. He
thinks the United States will be,
the dumping ground for all wool
growing countries. In this he la
bors under delusion. AS long as
people are born naked they must
be clothed, and wool will play an
important factor. Other countries
will demand their share of this
product, in spite of the fact that
frightened fiockmasters in America
Imagine that all the worlds wool
will be brought straightway to the
United States as soon as the free
wool bill becomes a law. Most
grades of wool today are below the
free trade basis, and free wool or
no free wool prices must advance as
soon as the tariff question is set
tied and business assumes normal
condition again The worlds sup
ply and demand regulates the price
of wool, but it cannot be said that
today's price Of wool in the United
States is based upon this principle.
That certain grades Of wool have.
dropped way below a free trade
basis is well demonstrated in the
returns Of a large consignment of
Wyoming wool in the London mar
ket. The sale netted II cents and
has set the Wyoming people think
ing.
The position Of the market as re-
CARDS supplies and stocks is not
materially different from this time
last year. A moderate increase Of
production is anticipated, and if
the position Of stocks is less clear,
at least as far as the raw material
is concerned, no material alteration
is apparent, the total of unsold
wool III London in 1893 being 80
600 bales, against 5000 bales the
previous year Wool is at very
low range Of values, SO low as to
afford a sense Of security against
further falls. The adverse in
fuences Of the previous year are
rapidly passing away, and a recur-
renee Of similar difficulties cannot
be contemplated. There are not
wanting signs that the long period
Of universal depression is drawing
to q close, and that little is needed
to effect general revival A solu-
ton Of the American tariff problem
caaroc wit hin 8,,t 90 nII ra HI la d;oto,,aa