Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1914-01-02
Protection Wall Will Be Clear
Down and Effect on Wool
Business in United States
Will Be Seen.
% PER CENT OF MILL
MACHINERY IDLE

tituut,f pat tho umuuut ut around I'VE
Co. sH million pounds aud this ls PROT
pUly uut fHr from correct eiiH ih'
Hratup Commercial Bulletin.
AZ uua uuc lost week. the bulk OF
the bufupss haf been iu domestic te'.
iItus woods ul the fine Geo zine ur-
alum ordcr ,hioip of ,ishnf ui
French ,umuIur Wools slmping ot
iDroigu uuuls bias also ukou pih''
rnd rtirs have been made to 10 mod
crate ,Atrut Their, has als" been
uomaud for fine ficcc"f aud one fair
81 gooc sized sale oi fu" iiocccs i'
reported Secured woois have been
rptucW hHi sputiN.
Generally sprakinr prices are firm
as cumuntpd with twu Go three weeks
upu. although not quotphls higher
Opinions dilfpr as to the actunl un-
dori, luH strength nf the market hH
th, operations of the manufacturer
duriur lhr past three weeks have
mudr tuidr much more opiimiHtic nud
while Statistics are frequently u i'""'
busIut.. I.nidr the regent uctiNitN hnt
boon moro ut irss proof uf The CON
t,utiuu uf certain members u the
trade hu th. hort supplies uf v"ui
nrr bound Goo force business fltou
auwhur HFr fair demand
The stock 81 Woul
fn uuather week. th, sto,lts of wool
lu BOSTON owned by dealers win have
l,en tabumfcd ty the Wool Trade
ts.o,Uu.n aud opinions viii then
hove boon unified Most opinions
pIur, fho quantity ut domestic Wouis
at about .0 600 00a pounds Last year
ih, tntl quantity ou hand WAS near
It fH muUonspUund ct winch nearly
Ga million pounds were domestic and
tbc balance foreign pn December
So igil the total quantity unsold in
doalpre hnnds was something over
Csn million pounds 81 which C2h
million pound, were domestic
Thc Npionni of Idle Machinery.
Tirre b. published elsewhere in
fuu. statement 81 an, amount Of
idle mnchInor, Zoo the mills ~ tho
United st1toa ou December ist This
statement has boon prepared under
tho direction az the National Asgucin-
ton uf wool Manufacturer ANA d. uu-
Uuoatinnahlr Ncry approximate to the
true situation. although So small pru
portion OF mo total machinery in the
country Do NOT Included in ihe tahula
tan Throurhout tho carpet and
wool r,ode industries the ldlo MAJ
,nircry uVerares about 20 per cent.
cont nf total of 90G ESQ w'"iou spln-
ulur pIndics reported 2o5.afi or 22.7
per rrut wcr, idla white out of "a to
M uf i.tag. COS worstod SPINNING
snindics reported. u2lsa were idlo
or 2G per cent
The Gouds Market
Speculation H quite boz rife as to
vhut 0nroirn competition viii hrius 'n
roodr as % was three months ngo and
The answer o. not Net. although iW
% general way manufacturers have
undoubtedly figured me pr1blrih out.
Next THURSDAY however. win see the
removal of large portion ~ the tar
ift vuu Of protection on yoods after
which % win Boz pnssibic Go see tho
u.tual workings 81 competition under
she news taFff
Spot business in New YORK Is re-
turted us having slowed up 8gain
Interest in the offerings ct fancy
woolrns hiss hoon krrn however aud
the k,euesH Win which the trade buy
err make comparisons between foreign
ana domestic Eoods o. significant uf
che changed conditions under which
the trldo uhors Chinchilns havc
been attracting considerable attention
nrrordinr tn uii accounts aud some
limos Of domestic nud foreign made
.uuia have been shown az prices
which nrr considerably lower than
gear nro The goods of this Kind
however on which tho largest bust
mess h1s hocn dome have been ~ new
do slHns nu which mo- comparisons can
he made with year nyo. Generally
Fuentlur. prices have not been HH low
ps many buyers had expected consid-
sfinr thr reduction in wool prices but
selling agents contend that tho Cogt
az vpnl substitutes has risen suffi-
rientv fo couuteract the reduction %
raw wnoi t0 considerable extent
American Purchases Ahroad-Thc
purchases ln the foreign primary
markets for ihe United states up ga
tho holiday closing sales have not
been heavy Ia Australia, 90 Drcem-
hor 18th. ne quantity ~ wool which
p passod the consular offices la Mel
bourne Unciuaina geol0ng and syd.
NtN MffN NfniAAAthflhf aifhhN hNN
B1O0 bales During the last weeks
nsles In Melbourne and GeelonE, WE'LL
posted importers state that some
5000 bales were probably bought foI
tho uiied states This woula brinn
the total purchases up 10 about i5,'
O00 bales, assuming that none Of thin
wool Waa declared IA the cunsuiH OF.
fee.
Tho purchases Tor the United Slate'
up 90 the holiday closing IN New
Zealand are estimated at around
600 hnlce.
Shipments co date December 20ti
from the Argentine Tor the g'nitot
States vert 5000 bales. Some esti
mates place the purchases az tina
market Tor this country o. high nj
$4,000 bales although this gunntlil
seems rather large.
Total sales at the auctions ln Aus
tralia Tor this season. with compari
nons for 1919, according go the cahl