The Massachusetts spy, and Worcester County advertiser. [volume] ([Worcester, Mass.]) 1825-1831, 1828-03-05
$4,000


Thinks the county in, which he resides has
100000 sheep, there is a very large surplus
grown; some Of the farmers now have four
crops on hand number of sheep about sta
tionary; bought in New York last October.
quantity of Spanish wool at 70 cts. which
cost in London, in August, IS. Id. or as cts.
James EOIcott, Jr. of SOuthbridge, Mess.
Has been for six years engaged4n manufac-
turing broadcloths at the factory owned by
the :" Wolcott Woollen Manufacturing Com
pany," who have been incorporated for
seven years; the company have an agent
who has salary $1,000, and accountant.
salary S700-the capital of the company is
S126000, which will not sell for more than
$50 for 500 paid in, and which is all in
vested in real estate, buildings and machine
nv, the former of which consists of $50 acres
of land with water privileges, and the lat
ter cost 30 or 10000 dollars; so that there
| is no active capital, but money is borrowed
on which interest is paid the fartorv has
at no time entirely suspended there were
manufactured of broadcloths in 1926, sc, 995
yards, of which 25,454 yds. were sold at a
net return of S56,774 18, being an average
of $780, per yard ; during the first seven
months of 1897 there were sold 1854 vds.
at an average net return of 1912 per yard,
| the greater part were Indigo blues, and the
| qualities about the same in both cases 9 lbs
6 o2s. of wool, well washed on the Sleeps
back, are requisite for yard of finished
cloth 81 quarters of yard wide; the whole
number of persons employed is 12l. ofwhom
II are men, 30 women and IL children; the
] on Of fhn
cts, women 40 cts, children 25 cts, all
providing their own board-.the business
has been worse since 1926, goods having
declined from % to 33B per cent. in price
the mere labor of manufact turing is as cheaE
here as it is England; the aggregate loss o.
our establishment was, in 1896, S23,095 81
of which $500 was for bad debts, this ex-
elusive of interest on the capital stock
we still find the business losing one, nc
economy can sustain it.
Jonas b. Bro,on, of BoStOn.-Has beer
engaged in the manufacture of woollens, il
Millbury, at the establishment of the Good
ell Manufacturing Company, which is in
corporated the capital invested in real es
tate and machineryis SS0,46077, about $50
/ 600 Of which is in machinery, besides this
from 30 to $4,000 is employed as foatin!
capital; the factory has been in constan
operation, but not always with the who'll
machinery the quantity manufactured wa
in 1925, of broadcloths $1,000 yards, ant
satinetts 10000 yds. afterwards no satin
etts were made, as in consequence of for
eign and domestic competition, they wer
found to be Improbable, but of broadcloth
in 1896, $4,000 yds and in 1897, 1908 yds.
from q to D lbs. ofwool, washed on Sheer
is requisite per yard cf cloth, which is whe
finished more than IL yd.in width abou
three fourths of the quantity sold 1926 q
S23 to S3t per yard, in 1896 at ga to so
and in 1897 the same colors and qualite
sold at the same price the othe; fourt
\ were of finer qualities and sold in 1925 I
| 81, in 1896 at So, and in 1897 az S5-or