No. 70.-STATEMENT SHOWING THE PRICE, OR COST, IN THE FOREIGN MARKETS OF IMPORTED WOOLS ENTERED FOR CONSUMPTION IN THE

UNITED STATES, FOR EACH YEAR ENDING JUNE 30, FROM 1867 TO 1887, INCLUSIVE.

Class 1, clothing wools.

Class 2, combing wools.

Class 3, carpet and similar wools.

NOTES.-Washed and scoured wools not included in the above table.

During the years 1884 to 1887 inclusive the classification, according to value of classes 1 and 2, was 30 cents or less, and over 30 cents, per pound, respectively.
The rates of duty on imports of raw wool during the above period were as follows:

On wools of classes 1 and 2, if valued at 32 cents or less per pound, 10 cents per pound and 11 per cent. to include 1883, and 10 cents per pound after 1883; if valued over
32 cents per pound, 12 cents per pound and 10 per cent. to include 1883, and 12 cents per pound after 1883.

On wools of class 3, if valued at 12 cents or less per pound, 3 cents per pound to include 1883, and 2 cents per pound after 1883; if valued over 12 cents per pound, 6 cents
per pound to include 1883, and 5 cents per pound after 1883.

The only exception from the above rates was in 1867 on combing wools, being on wools valued at 32 cents or less per pound, 10 cents per pound and 10 per cent.; and on
wools valued over 32 cents per pound, 12 cents and 22 per centum.

A reduction of 10 per centum was provided for from the regular rates of duty on all classes of wool from August 1, 1872, to March 3, 1875.