Wool Warehouse Company Records
Collection
Identifier: MSS-288-BC
Scope and Content
The collection contains business records of the Wool Warehouse Company, the New Mexico Cooperative Wool Marking Association, and Bond-McRae Company, 1929-1971. The correspondence relates to the dissolution of the New Mexico Cooperative Wool Marketing Association, 1959-1961. Financial records include ledgers, journal sheets, and dividend distributions.
Corporations Noted
- N.M. Wool Co.
- N.M. Cooperative Wool Marketing Association
- N.M.-Arizona Wool Marketing Co.
- Wool Warehouse Co
- Breece Prewitt Sheep Co
- Bond-Wiest Co
- Bond-Kramer Mercantile Co
- Bond-McRae Co
- Frank Bond and Son
- Moises Bros.
- McCarthy Wool Co
- J.H. McCarthy and Sons
- Jose Ortiz y Pino
- Mountair Trading Co
- C.D. Vohs Co.
People Noted (most frequently)
- C.F. Dunlap
- Owen B Marron, Atty
- Gov. R.C. Dillon
- Holm Bursum
- A.S. MacArthur
- Bryan Runyan
- Jack Huning
- Floyd W Lee
- L.A. McRae
- John F McCarthy
- Tom Amos
- Mrs Vivian Fox
- Rita Pratt
Places Noted
- Albuquerque
- Cuervo
- Des Moines
- Encino
- Hope
- Galisteo
- Gallup
- Socorro
- Wagon Mound
Dates
- 1929-1971
Language of Materials
English
Access Restrictions
Collection is open for research.
Copy Restrictions
Limited duplication of CSWR material is allowed for research purposes. User is responsible for compliance with all copyright, privacy, and libel laws. Permission is required for publication or distribution.
Institutional History
The Wool Warehouse building was constructed 1928-1929 on First Street NW in Albuquerque, N.M. The building housed offices of the New Mexico Cooperative Wool Marketing Association, Bond-McRae Company (dealers in wool) and the New Mexico-Arizona Wool Warehouse Company (by 1932, simply the Wool Warehouse Company). Frank Bond, merchant, sheep grower, and founder of the company Frank Bond and Son in 1883, was president of both Bond-McRae and the Wool Warehouse Company. When he retired in 1936, his son, Franklin Bond, born December 13, 1902, took over these businesses.
The wool industry in New Mexico grew between the two world wars as southwest wool producers responded to a rapid increase in U.S. wool consumption. Production grew to meet the demand and the Bonds' sheep and wool interests profited. Albuquerque became the center of wool processing and distribution in New Mexico. Proximity to the AT and SF Railroad made it an ideal central location for the wool trade. Growers sold their wool and hides through Albuquerque wool dealers such as Bond-McRae, who brokered it on commission to markets in the east. New Mexico's producers used the wool marketing association to enhance their business position. The marketing association utilized the five million pound capacity of the wool warehouse to store wool, hides and pelts until market prices favored sales.
Despite steady demand, wool production began to drop by 1942. New Mexico growers blamed limited access to grazing lands as part of their problem. Although they were producing higher quantities of wool per head of sheep, production could not keep up with demand. Finally, after World War II, the growing availability and popularity of synthetic fabrics spelled the end of wool marketing as a major business enterprise in Albuquerque.
Although the wool warehouse continued to operate until 1972, the marketing association dissolved in 1959, using cash assets to pay off stockholder shares.
The wool industry in New Mexico grew between the two world wars as southwest wool producers responded to a rapid increase in U.S. wool consumption. Production grew to meet the demand and the Bonds' sheep and wool interests profited. Albuquerque became the center of wool processing and distribution in New Mexico. Proximity to the AT and SF Railroad made it an ideal central location for the wool trade. Growers sold their wool and hides through Albuquerque wool dealers such as Bond-McRae, who brokered it on commission to markets in the east. New Mexico's producers used the wool marketing association to enhance their business position. The marketing association utilized the five million pound capacity of the wool warehouse to store wool, hides and pelts until market prices favored sales.
Despite steady demand, wool production began to drop by 1942. New Mexico growers blamed limited access to grazing lands as part of their problem. Although they were producing higher quantities of wool per head of sheep, production could not keep up with demand. Finally, after World War II, the growing availability and popularity of synthetic fabrics spelled the end of wool marketing as a major business enterprise in Albuquerque.
Although the wool warehouse continued to operate until 1972, the marketing association dissolved in 1959, using cash assets to pay off stockholder shares.
Extent
6 boxes (3.83 cu. ft.), plus 6 vols., and oversize folder
Separated Material
2 photos, 1 of Santa Fe trains at Chicago station, ca. 1930's, and 1 of a rambouillet sheep have been transferred to CSWR Pictorial Collections
- Title
- Finding Aid of the Wool Warehouse Company Records, 1929-1971
- Status
- Edited Full Draft
- Author
- Processed by K. Ferris
- Date
- ©2000
- Language of description
- English
- Script of description
- Latin
- Language of description note
- Finding aid is in English
Revision Statements
- June 28, 2004: PUBLIC "-//University of New Mexico::Center for Southwest Research//TEXT (US::NmU::MSS 288 BC::Wool Warehouse Company Records)//EN" "nmu1mss288bc.sgml" converted from EAD 1.0 to 2002 by v1to02.xsl (sy2003-10-15).
Repository Details
Part of the UNM Center for Southwest Research & Special Collections Repository
Contact:
University of New Mexico Center for Southwest Research & Special Collections
University Libraries, MSC05 3020
1 University of New Mexico
Albuquerque NM 87131
505-277-6451
cswrref@unm.edu
University of New Mexico Center for Southwest Research & Special Collections
University Libraries, MSC05 3020
1 University of New Mexico
Albuquerque NM 87131
505-277-6451
cswrref@unm.edu