Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-04-22
TARIFF BILL PUTS
WOOL TRADE ON
ANXIOUS SEAT
Dealers Generally Agreed That
Worst Industry Will Have
TO Face Is Summed Up in
Present Measure.


Present Measure.
Boston, Mass, April 20.--''NothinR
Will be eaten as hot az u is cooked.
said prominent wool dealer this
week. expressing hia conviction that
the tariff on wool and woolenR viii
not 20 through the senate In ~ pres
ent form. says the Boston CONNER
ciai Bulletin. Not all the trade feels
quite 80 sanguine upon this point. al
though there H. general agreement
upon the proposition that the worst
the trade will have 90 fGce-and Il
is bad enough--ls summed up In the
present bill. unless there should be
n duty on wool imposed without add
ing sufficient duty 20 compensate the
manufacturer. 90 that the net proc
lection would be lens than under the
present bill
Tarin Chles Topic--The tariff has
easily been the topic o. All topics this
week in the trade. Much speculation
has been INDUCED In and conclusions
are often radically different on the
same points Involved There - no
doubt expressed. however that the
bill. while sufficiently protective in
respect 10 tops. IL not adequately pro-
tectiyc with reference 10 yarns and
on some sorts Of goods. even with the
present abnormally high prices pre-
vailinR abroad. No little concern II
felt over the fact that the clothing
manufacturers have no protection
above the actual protection OF SO per
cent ad valorem given the cloth pan
lufacturer.
For the present. manufacturers
themselves are not al AL certain as
To the effect the bill will have upon
their business. with the present
rates Of material abroad and the con-
ditions surrounding the foreign tex
tile trade. domestic manufacturers Ia
a large way of medium staple limos
may be able to operate. Whether the
same Is true OF manufacturers in 9TH
or lines Is not clear.
This much IL certain. that unless
. the domestic manufactures can sell
his goods 20 advantage 10 the cl0thier.
goods viii be made abroad or else
domestic wool Will have 10 sell SUI
InCiently low TO offset this disadvan-
tage TO the manufacturer.
Western Purchases Halt - Some
purchases had been made In Utah
prior 10 the presentation OF the tarifi
bill In the house. This action ON the
: tariff naturally acted 10 put a quietus
on buying. innsmuch as growers were
loath 10 accept hover prices after tins
price had once. peen set on a 10 PEI
cent ad valorem basis. What WOOL
we're taken in this state were largely
on 5O-ccnt clean landed basis 1'v'
or three clips had also been taken "a
Nevada az rate some 20 cents
clean pound higher. according 1,
Z late advces. these clips being th'
Taylor and Taylor whippie clips talk
en- by Boston dealers. The business
I IN this state also languished on TN
I instruction OF the tarilf measure.
3 In the fleece sections some pur
e. Chases have been made OF the eariic
shorn woods. shearing Is getting e
be more general In the central par
OF Michigan and the clip viii soOi
!, begin to move very largely SOM
: OF the early shorn Michigan woos
have been offered in the Boston mar
ket for small round lots Of medium
comblng at IS TO 20 cents.
Little wool has yet been shorn Il
Ohio and other fleece wool states, ex
cept for the usual quantities OF IA
Sleeps wDols.
one prominent fleece wool buye
estimates that with free raw WOO
"a the new clip In ohio should be bough
at around 40 cents. In the last eleHe
a years the average price paid for
certain clip which was bought fron
4 the farmer continuously was abou
z3iz cents FOR medium WOOL. IN 1870
the price paid was 10 i-lO cents
after which the price rose steadily
Is IA nvc OF the years the price PAL
was 90 cents OF less.
Goods Market lnsettled--Somc ol
ders are being placed Ia small wa
for goods for prompt delivery. bt
generally speaking the market II du
ana unsettled. The wooden mills ai
running along fairly well and al
taking limited quantities of secure
stock. nolls, wRstes. etc. but wat
them for quick delivery. some greas
WOODS have been taken by the mil
also for immediate shipment.
General Market summary--Gene
laily speaking the market has he's
Il
Keeping weather eye on the ma
ket ana some grease woods includin
territories and deialne neeoes, has
been sold. Few houses have any si
able lots 90 offer. however, and
the business OF amy moment has bee
restricted 10 these few houses. Tern
~ sale have la many cases been ke
private.
one feature OF the week has be'
the sale Of some 6fs Australian NJ
rlnOs one lot OF some $50 bales
reported, being sold privately 70
manufacturers agent.
PROSPECTS AND PRICES.
with the uncertainty caused Dy q
changa In the tariff program priv
are less stable than they were D
quotations are difficult 10 make.
OhiO--Outslde Of the reported "a
.f.....I Ilt... - 1.Iulu. tstfs