New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-09-06

rr.ro,. q roma rkeble agreement IN 'he o'"'
,,.a. n, Class l. or clothing wool ana
q mr. carpet wool taken TOT co"'
Within these vears In the last census va
ca,ne, manufacture consumed 9l'4 '''i'1
n, foreign wool and only 2139" 5S of po'i71
hut oil other branches NJ the WOOL an"
....,-o o,nsrrsa ho37427S pounds OF
,ora,gn and 541 400 ~ domestic WOOL i"e
,,onor,s y, Garnet wool we're In the nve veai'
-, .voc,,v 90 900 nnO pounds more man
Ave- Years consumption in 1soo ana ".
-, o.rsurr.ton ir Garnet manufacture hao
-. RI crAa. " must have increased ~ pr
80, sir1e 1900 which one sopposes -
-. >. the carnA, wool was used IN place 81
,,ro,tea nv domestic wool Of other classes 'heH
90 rouch the less wool NJ those other ciassss
ran have been consumed and the qnsh"'F "
.,cb other wool remaining must be me sfea'e''
But the quantity Of other wool ifnPor'eU'
100 OoO pounds IN these FIVE wears was as
about Dis 900 900 pounds greater 'han hNe S'@
nonsumption Of foreign wool other IMAM ca Pc
ct the census rate. which would lnpiy =" III
,rAsse o. 70 Der cent during all these years q
,rostration, which no one can believe OF e'se
10, ,orsuroption Of domestic wool has been re-
,uced bv use Of foreign In We place "h'cn ai'0
rould imply greater stocks uncohsuiieu
II Is obvious that since duties were ilnp0s7
~ ,rnported wool year ago v mas U.o'
wee more highly advantageous for the mills or
Nc dealers 70 hold the imported wool IN oonoea
warehouse. deferring payment OF the duty oh.i
che material Is needed Of the $3.50 sos POUNDS
Unmarried in the nrst half Of this year, 3oo'u'ett
wounds rAnnained n warehouse on July IN ex-
cas. Of the quantity held en- January !
This very strongly indicates that during thls
second half OF the best fiscal year or the last
Eve for the manufacture, the consumption q
foreign wool vas not much in excess OF me rave
IN 1890 The known stocks IN the country re-
no-tAd bv The Boston Commercial Builetn On
Ye,uarv were 176 1877 900 pounds Of which
40 ISL 900 pounds we're foreign. the carpet "ooi
being 1s 19S. 900 pounds and the other imported
wool 81, 3S3 900 pounds. II Is not certain uu'
nrohanls that this statement included quantities
then IN warehouse, end y 50. only Z'ol''ol9
rounds Of CARPET wool and 26.637.162 pounds OF
other wool were IN known stocks OUTSIDE the
warehouses The consumption Of foreign tor
the half year will thus be spproximated:
pounds pounds pounds pounds
" s,ss sos 47.s@7 SIS aoll5s1e 24se2oi4
Ne, Imports Elk .ss 40 ses 4ss 4ass571s e7aaoeos
s,,,,v mo. % 2s2-27s bse sol e2e5,ts7 e24es.ii7
"s'e 1ss 'u sss 2ol 24o1s s45a7o7s eossss5s
othsr or ooh- ...o7s sas92s 2siaI4M s3oss 80
ov.sds wave
soq Y.ss January s,r,n - soi7us 2ssaosa
se1si2ss SoI422i9 % 90 SSs "a ss5
Again there appears q striking agreement be-
tween quantities apparently consumed Of carpet
ard ot other imported wool. though what part
NJ the wool outside warehouses was Of the sec
and class was not known. But of the FIRST snd
second classes together the consumption appears
not 600 900 pounds greater than the hall-yedl
consumption Of such wool in 1880. While the
consumption Of carpet wool appears only about
2770OOO pounds greater than the haf-years
consumption Of CARPET wool In that year BE
cause foreign wool could be more advantageous
~ left IN warehouse. If other OF the same qnah-
ties were held duty paid 1t is reasonable 10
infer that the actual consumption or foreign
wool was not far from that Of the census year
1890 in each class. But the last year has been by
far the best Of the years since 1s92-93. with
much the largest consumption 1t follows that
the consumption OF foreign wool has been little
larger than IN 1890 for the year. and that the
increase in consumption has been OF stocks OF
domestic wool previously held.
The consumption Of all woods during the last
year Is known to have been nearly IL not quite
IN 10 the maximum ever reached In previous
wears namely 500 100000 pounds In the car
net manufacture the increase cannot have been
great because much of the machinery has been
idle for a considerable part OF the time. in
other branches It probably was above the maxi
mum during much Of the year. but visihly fell
of IN the spring. when II was found that new
wool was being held at the high prices previously
prevailing. But II a consumption Of 100000
pounds for the year be reckoned, of which about
ia 900 900 appears 70 have been foreign, there
remains about 396. 900 pounds for consump-
t,on Of domestic wool. The quantity OF do
nestle wool produced in the five years ending
with 1897 was. according TO the Wool Manu-
facturers' Association 400 673535 pounds, and
after deducting all exports Of domestic. 1,4o2.-
b35,5S4 pounds were left. Deductng the supposed
consumption OF the last year. there would remain
10S6 1864 pounds domestic and S07.S2O,S37
foreign for consumption In the four years OF
disaster, July /. 1893. to July J. 1897. for
stocks remaining on hand. Out OF a total sup
ply for those years OF 2.307 0000 pounds do
nestle and foreign. the Wool Manufacturers
Association estimated a year ago 702. 56S. 42S
pounds remaining on hand. which would imply
consumption OF 1905. 100000 pounds IN four
years But the figures Of stocks quoted by the
association are from The Boston Commercial
Bulletin" and that journal expressly states
that they exclude stocks held BY mills for their
own USE whether in bond or not As such
stocks we're extremely large a year ago in July,
when free wool was about to cease the whole
quantity on hand must have been larger than
was reported. and the consumption in the pre-
vious four years smaller than 800 600 0oO
pounds
Much other evidence supports this view. The
Investigation BY The American Economist" two
wears age showed decrease In the number NJ
hands employed in wool manufacture Of 472 per
cent from July. 1892, TO July 1895. The con-
sumption IN July. 1892 at the maximum
rate about 500 600 900 pounds. which would in
dicate q consumption at the rate OF 26900O 900
pounds In July 1896 Again. the recent inves-