The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1869-05-06


would be!l ~. ..s,.!...o. 10. .!... 800
H~iIGi9ita',eo ~-2Al s..l .'f"J i... .-.l
.s5d~Gi Ynt ~ sUi. a j.3...q q Z q 90
Wear ahd'.tear of machinery. L26
-! !. IoDPi2o?7! i'.lT ia' . 1925
Add costSof cotton; -. ~! =. "a Oo
- G5IT9I 3p5't 2cH CHUH<hH nl sra ~ : -. II
Andwe have, 'hs cost of No. 20 yarn
manufactured in England!... :! -. 35. 25
Cost OF Southern. yarns, as heretofore ,h:
shown. ~. ~. =. ..y... ...! 90
Freight and insurance.. ~ ~. W.. 1.5O
Cost 'of"Southern yarns delivered. in 80. =.
England. 49,. ........ .i.... 30. 80
Difference in favor of Southern yarns rs
But no estimateis made of the brokerage,
&c, in Liverpool,h or, of the freights and
charges on the cotton from liverpool to
Manchester. Southern yarns could be
shipped to the continent Of Europe at
about the same rates as to Liverpool, while
English yarns would have to pay freight
from Manchester to the continent These
additional charges on the cost of English
yarns being considered, I think it would be
quite fair to infer from the foregoing that
we could send otir yarns to Europe. and,
selling them tfthe cost Of producing English
yarns, deri eeaahet profit OF at least five
cents per pound. osi,.It tGa ID a@
In support OF the figures I have given. and
the conclusions I have drawn from, them, ]
mention the fact that at no time within the
last three years would we have been unable
to command from our Northern commission
houses (had wo chosen to ask for thenn) ad-
vances beyond the total cost of our yarns.
Can any Northern or English manufacturer
say this? ,t,'" 1l"'.l"' --Ehre.i}
Estimating the average crop Of cotton OF
2,5OO,OO0 bales. of 450 pounds each, and
the price here at 20 cents, and we have as
the amount received by the South, 1925.
100000. Manufacture this cotton into
yarns, and sell at, cost Of Northern or Eng.
llsh production, and we have. after deduct
ing all foreign charges, met price per pound
34c, $34O,000,O00; and for waste, which
would be worth for paper stock, if manufac
tured at the South. SO per bale, SIS, O0O,.
OO0AS345. 100000; showing gain to the
South Of $12O, 100000; and if we estimate
for receipt of say Sc. per pound over cost
would more than justify it, we have d
further gain of 100000. OOO In all, S15O,.
O0O,OOO - ;
The average production Of yarns last yenl
throughout the United States was. pe,
spindle. 81. II pounds; the average numbe,
OF yarn manufactured. 279s; the totaI
number OF spindles was about G, ,O48, 249; oil
these the Northern States had 5,84Y, At
and the Southern States only 199, TIP. The
average number of yarn manufactured al
the North was 277s; production per spindle
59.57. The average number of warn mann
factured at the South was 1871; production
per spindle, 140.37.
These figures are based upon the reports
made to the National Association Of Gotten
Manufacturers and Planters. 1t is probable
that many of the smaller mills in the South
were not reported. My calculation is based
upon an average production per spindle
(ring traveler) of 81 pounds and average
number 20. 10 spin $500, 900 bales wonId
require II, 494 ,253 spindes. The calculation
will vary, according to kind of spinning done
and machines used. II. 494, 253 spindles could
give employment to 249, 961hands-princi
paily females, from ten years of age up, and
small boys. The average wages of operatives
(blg and littlc) i'll our mill is S142 80 eacl
per annum, which would give as the gros.
amount paid for wages per annum, $35,
1913, ,9Ol.8 And that too, paid for labo
that would nearly all of it not only be other
wise unemployed In adding to the wealth o.
the country, but be positive burthen upo,
the country.
lt must not be supposed that. because
these hgnres show that it would require
ABOUT twice tho number of spindles nov
run III the North to spin up our entire cot
ton crop at home, that the amount of capi
tai required would be double that invested
IN cotton manufactures in the North, ant
therefore beyond our reach; for but g. com
pnratively small amount of Northern conita
is invested in spinning. The most of it !;
IA weaving, dyeing, printing, bleaching. &c
SPINNING is comparatively simple and com
phcatlohs commence where weaving begins
1t must be evident to every business man
that all onr cotton will, sooner or later, b.