Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-04-09
FREE WOOL RUNOR
PUTS CAMPER ON
THE TRADE
Boston Market Reminds Ono
Of New Years Eve on Broad
way Because Of Contrast (;
Pointed Out That Free Wool
Hasn't Arrived Yet.

Hasn't Arrived Yet.
uoston. Mass. April s-up 90
Thursday. the wool market had taken
somewhat OF a brace aud transactions
have been somewhat more numerous
than for several weeks and likewise OF
greater size. says the Boston Com-
mcrcial Bulletin. But the news from
Washington that free raw wool was
favored By President Wilson and that
Il would be submitted by the ways aud
means committee 10 the Dtmocratic
caucus as the committees solution ~
the problem IN treating raw wool. mad
a tendency TO put damper on trad
ing again. Thursday the wool district
~ Summer street reminded one Of
Broadway, New York on New Years
eNe--there WAS such contrast
Joking aside. however. the wool
trade Ia facing a serious problem az
the present moment There is "a
years supply ~ wool to be purchased
In the west during the next sixty TO
ninety days. On what basis the wool
should be purchased 10 eventually
show profit Is the question 0f SUI
preme moment That basis Is yet TO
be learned. unless Il be on the oasis
of free raw material, and to that
depth growers are not yet ready to
descend.
A Little Tarin Philosophy ~ yet.
there has not been revision Of SEIZED
ule X effected and Oy the sRme token
raw wool IL not yet on the free list.
That wool will eventually be on the
free list. when the new tariff II finally
enacted is matter OF doubt. Not
few keen observers are Of the opin-
ION that there Is an attempt to play
politics In the matter OF the wool
duty and chat tue ways and means
committee has decided 10 introduce
raw wool measure IN order 10 be
able 20 compromise on the duty they
really think best. after the senate shall
have rejected the provision. How
ever this may be. there is no doubt
that the tug-of-war viii occur In the
senate and there is considerable roa-
son 10 believe that free raw wool will
not he adopted Oy that body.
Wool growers must face the bald
fact this year that they will have to
support the night for any tariff I'M.
posed upon wool practically alone.
Manufacturers Who have nitherto not
opposed wool duty or who In In
stances may have favored one are
lighting for their own issues which
are apparently IN considerable jco-
pardy and ia this attitude they ara
not aitogcthcr illogical Certainly Il
must not be forgotten that the most
efficient protective tarin on wool VIII
De of no use II the protection on
goods Us insufficient TO allow the mills
To operate az all only on the basis OF
free wool.
The New clip Siiuation--Somc ex-
element has been caused by the re-
ported purchase In Nevada by Boss
To house OF a good-slzed clip for
which the price paid is said 10 have
been i4M cents. or about SO cents
landed la Boston, The price Is con-
sidercd by many excessive and many
dealers freely declare that there II no
warrant for taking that price os the
basis for further trading. although the
WOOL was undoubtedly In good condi-
ton.
Ia southern Utah very little con
tracing IL rumored but no details as
to prices or quantities OF wool are 90
talnuble, shcaring Is proceeding slow
~ In this state as yet
Ia Arizona, according TO mali adj
vices from Phoenix, dated March 2ath,
rhearing IN about half over. The bulk
/ of tho wool has been consigned thus
( far to Boston house. For the woods
4 which have been bought prices have
4 ranged from 10 10 10 cents. These
lots were generally small, however.
I The writer stgtcs that the woods this
/ year viii shrink 3-5 per cent less than
usual" They are generally shorter la
staple than last year however. on
account OF the late date at which tho
woods were shorn "a year age.
On account OF cold wave Ia tho
Yakima valley. Washington. sheuring
has boen stopped and viii not be re-
sumcd until about the middle or latter
part OF Aprn. according 10 latest adj
vices \ considerable loss la shurn
ewes resulted from the storm. About
"a half-miluon pounds had been rhorn
and sold np TO that date IN Washing.
ton. nj prices ranging from II TO 20
cents.
shcarlng had not started IN eastern
oregon. when the storm arrived. and
no contracting hal been INDUCED IN
up 10 the last OF March,
Ia the fleece sections there has been
little activity. except in Central Mich-
isan. whore shearing ~ well under
way.
Flood Losses Losses Of sheep from
the floods will probably not be heavy
through ohio and Pennsylvania aud
Indiana. several WOOL buyers familiar
with the Hooded sections state that the
losses VIII probably reach only sew
cral hundred heads. possibly thouH-
and altogether This view comedies
with that OF "a buyer who returned
within the week from the flooded Sec
ton.
The Goods Markct--rhere has been
little worthy % note 10 report Ia the
goods market this week. Mills are
p running Ia much tie same manner
In which they have been operating fol
some time Wooden mills are vCry
well occupied and dress goods manu-
facturers are fairly employed bui
worsted manufacturers and producer'
J OF mems underwear are not ~ salts
factorlly employed There II great