Albuquerque weekly citizen. (Albuquerque, N.M.) 1891-19??, 1894-10-13

WOOL Is DECLINING!
False Statements Of Democratic
Speakers Corrected.
Prices Quoted 10 Refute the
False Claims.
American Produc, weak Since the
New Tar n Law.
A WORD 10 WOOL MEN,

how false are the sta rments ~ drmo,rai.
tc calnpaigners on the cours. ~ tue wool
n since the !sssag- IL the new tar.
id law, 10 of int-rrst 10 vo,srs:
tu"ipI'a. 0cl. . .tranLlin NJ,
N"aKh aud other piomln-n' demo IA :
hAv" male some very in, urrrct stats
'h-htH with r~gaid Ia the c,uis- % the
! wool ma' k-t siuce w1nl wsa put Uu tie
ffse hat. and We daily receive the most
astonishing inquiries ,rrm public men
| e,iitorr AMI shippers nf wool thruu xhuut
| the United Statrs, who's. wool 10 lie "
shrinking IN value, asking how Il can ue
th wool 10 higher since II was put ON tns
free list, whil. every ral- in every east.
-rn market is M much lower than on the
day when the tArif Till passed the house
of representatives. Az We cannot answer
all these letters that arr coming to us we
have devoted our trade cirrular ~ Oct.
to . statement of facts.
There is not n single grade ~ wonl
grown In the United States that will bring
as much money ,u.dAy as on the 9th "
August, 1894, the day wool was put on
the Tree list. or previous 10 that date.
The decline in merino woolp (which AZ.
ilree- fuurths of the w. ul grown IN the
United S'ater) has been hum 1 To i6 per
cent sinc- the free woOl tariff bill WAS
l'aSs-d The only declining market in
the world is IN the United States, while
only IN foreign markets ARE wnol prices
advancing As the Mckinley law srhed-
ules on "manufsctures of wool'' continue
10 J.n. !, 1898, American WOODEN manu-
fsctur~rs up to that time are practically
having the American market 10 them
selves, but Rs wool WAS put ON the fr~e
list the day the tariff bill became law.
manufacturers now have free wool with
Mckinley projection upon gosis, and, of
cours-, they arr all busy, % that to-day
We have tn. anomaly of busy woolen
hiills and u dull and declining dornestic
wool market. American wool In declin-
ing because manufacturers dnd foreign
wool cheaper
The Boston Commercial Bulletin Of the
sIth ult., which 10 one ~ tn. best wool
market rrports published. declares ,nst
American wool prices are weak aud de-
clining.
On the trst page OF our wool circular oi
Oct. l IL diagram giving prices of the
standard grade Of Americon wool (Ohio
Ax) from the beginning II the present
administration to date You will hnd
that the decline on that grade WAS ov.r
80 per cent Ia the sAme diagram we
give the course of prices for the name
Kind and quality of wool in London, via
q good Port Phillip Australian. The
value of tha, wool to-day In the same
as Il Was = year ago, aud there has been
but little change in foreign woods since
August, 1897
The New York Evening Poet, In quot.
ing American w,ol as advancing Afer
l...a
to which their attention wAs cAllci.
They objected W being corrected, stating
that only one grade Of wool was quoted,
clined Ohio Xxx vas selected ~ II is =
standard grade of nsrino Hne wool. and
the great bulk II the Amsricau clip 10
m.rino or fine wool. On tbs third page
of our circular ~ Oct I you will ind n
tAbl. In which ws give the d-clin. In all
the PRINCIPAL GRADES Of American wool
since the 9th Of August the day wool
was put ON the free list The average
decline during that time has been over
per cent, but the decline In the due or
Inerino qualities (which In the bu k of the
AtnsricAn clip has been from II Ia 10 per
cent.
The American Econoiniat, published by
the American Protective Tariff League ~
New York. deemed II 30 important 10 cor
rect the fslsehoods being circulated by the
democratic press a. 10 the price of Amer.
lean ~ool that they will publish IN their
edition this week the diagram and table
contained In this circular
A monthiy publishea by Burk a Nc.
Fstri,ige, of Chestnut street. PhilAielphiA,
entitled Traffic. 10 also preparing the sAme
material In large type Un good paper, and
quantities can thus be obtained The
rommunity is being deceived by state
ments that the Wilson -tiorinAn hill has
caused an advance in the price of Ameri.
can wool. when. in point of fact. II 10
declining,
We will ask you In the interest u the
seventh largest American agricultural in.
dustry t,h. wool industry that you give
publicity to the fac, that faissho.is are
br,ng pnblished with the evident in,-n.
ti"n of mislra'iing the community until
election day, knowing that the interval is
too short ~ get the real hrts widely cir.
culated. JusricH BArEsAS q Co.
rae RisL, asvs.
The updersigned, = lifelong democrat.
hereby publicly rsnounces his connection
with and sll-giancs 10 the democratic
party. aud ssIsDuses and subseril@s "
the principles ~ ,hs republicHn party.
aud giv-s his reasons 40 follows;
FiEvt-That a. q wool grower am in
iAvor II . protective tariff on the prod
uets of my lAlar, and do not wish to CON
psts ON equal terms with q half naked
savage In the bush - Australia,
sssosd-ThAt I ch1s- Ia ally myself
with The republican party, believing II Ia