, 1896-03-27
.HR TALKED ON WOOL.
A Well Posted Man Discusses
the Markets.
OUR EXPORTS
The shipment Of Wooden Goods &c
Europe IL Not an Indication Of
Prosperity in the United
Siases, But Reverse.

Mr.. L. NJ. Whilldin, solicitor and buy
er of wool for eastern merchants and
manufacturers, with headquarters in
Salt Lake City, is in the city for the
purpose OF interviewing the Albany
wool men as to the disposal of their
SO clip. Mr.. Whilldin has little to say
that is encouraging to western grow
ers. Warehouses Of the east, he says,
are full to overlooking with woods at
the present time, and if the clip of sc
were not taken into consideration at
all there would be enough to supply the
demands of the mills for at least a
year to come.
What about the export Of American
wool, which we have heard SO much
about and which has been tried by
some Wyoming residents? ?" was asked.
American woods cannot be sold on
the London market in competition
with the woods of Australia, South
America and South Africa, except at a
discount. American woods are put up
more carelessly than the foreign pro-
duct, and the English are not slow to
take advantage of everything possible
to bear the price Of the products of this
country. Probably you have noticed
that those residents Of your state who
have shipped wool to England have
not repeated the experiment, nor have
they talked very much about the price
they received on the London market"
What is the condition of the wooden
mills of the east at the present timer"
was asked.
"At least one-third of them are now
idle and others are running on short
time. By the first of July it is my can
did belief that one-half the wooden
mills of the United States will be
closed down"
What is there in this democratic
howl about the expectation Of wooden
goods?"
1T is a bagatelle. The amount of
wooden goods shipped from America,
instead of being an evidence Of pros
perity is really the reverse. Hard
times have caused the people to ex-
pertinent in other markets and some
foreign shipments have been made
with the idea that it might be possible
to open up a market that would be bet
ter than the home. 1t is very notice
able that the experiment is not repeat
ed. Democrats have NO more reason
goods from this country than they
have for the sale Of m%ortgaged homes
On the auction block. In both cases 1t
Is a forced sale and the owner invari-
ably loses thereby. The best illustra-
ton of the fallacy OF II being able to
sell in foreign markets is the fact that
foreign wooden mills are running at
full capacity while our own are con-
stantly closing down. The English
have us now just where they have been
trying to get us for 80 years and they
aer laughing in their sleeves at the fool
policy which has been adopted by I'm
Gle Sam.
THE price of wool cuts very little
figure in the cost Of the finer fabrics.
A nice piece of dress goods. for in
stance, is very light, and the value is
nearly all in the labor and finish. The
labor of Europe being 30 much lower
than here, competition is out Of the
question.
ITO ameliorate the gloomy picture
which is now presented to the gaze OF
the American flockmaster is the con-
dition which exists in Australia, where
the drouth and extreme heat has killed
sheep by the millions during the past
few weeks. The prospect Of a great
war in Europe Is also OF some
agement. although this is really a very
small peg upon which to hang a a
ket boom"
What about the prices for the SO
clip?"
We'll, you will notice by recent cir
culars that offers have been made at 80
cents, on a clean basis. II this price is
taken as a basis. you can figure an
average of 10 per cent shrinkage from
wool in the grease, which would leave
9 cents to the producer. After he has
paid freight and commissions. he will
have perhaps 6 cents left"
1t is the opinion of Mr.. Whilldin that
this is the proper time to go into the
business, as a republican congress and
a republican president will unques-
'tionably restore at least a large por-
tion Of the Mckinley tariff, and this
would mean a proportionate increase
in the price Of wool.
Mr.. Whilldin usually comes west
with orders from . number Of manu-
~facturers Of wool. but this time he says
he has not . single order and al pur-
chases will be made for future sales.
Mining deeds 1t this o0lOo..