Business: Canadian Woolens

The manufacture of woolen and worsted cloths in the U. S. has been comparatively unprofitable, chiefly from this chain of causes: clothiers have believed that U. S. men and women will not buy much new clothing this year; so clothing manufacturers have been buying as few bolts of cloth as they dared, and still be able to serve their retailer customers; so woolen and worsted weavers must cut their business close to demand; that leaves much machinery idle and forbids profitable increase of prices. Particularly hard hit in this way have been the three great U. S. woolen goods fabricators—American Woolen...

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