The Newberry herald. [volume] (Newberry, S.C.) 1865-1884, 1869-05-12
WEDNESDAY MORNING. MAY 10, 1869.
Ten per cent for wear and tear Of mn.
chinery. eh@rgcd ,c production, per


Ten per cent for wear and tear of mn.
chinery, cliarged ,c production, per
/ P'u""'''''''''''''' =. "'...''.'. - ~
Total cost Of manufacturing cotton,
worth zoe. per ronnd ............o 90
I Fr.ghts TO New York or Philadelphia,
| &c.. Insurance Is. 80
Cost cotton per pound. ............. 20 90
Total cost per pound Of Southern
..,nrn. (No. 20) delivered IN New
Ths very lowest ts,imate 1 have seem
Of thu cost uf m 'nufacfur.hg at tho e.,
Nor pluces co+i Lf lnhrr, repair.
packing, AMI general EXPENSES ut
| per pound. ..".. .......;. ...u. 10 "a
| Loss by vase. tcottnn at 20a In Col. ;
| unbia would b 22ac. Ia New YorR;
thercfir.. 430 pounds cntt0n would
cost $l01 25 md would make 400
Ten per cent. for wear and tear Of ma.
chincry ...>~>> 90
---
Total cost Of manufacturing in tho
North ID 81
Add cost Of cotton >>-,- :. 22 SO
Cost Of No 80 yarns manufactured Mt
tho Mott - SO 81
Showing difference in favor Of tho
Son'h OF per pound ->~ Oh
NV. e-i'S NV H"hiS fHh'bS W Sottou.
Deduct commissions, carriage, &C., Oh
And we havc q net profit to the South
ern m innfnrtn,Hr. brow dWl he sells
nj The cost of N0rhern production S 90
manufacturer 0f cDttOn Fhfbs from Man.
chester. EGG and, after !ouking at our hooks,
iold me that wo munuf ictufe,l chepnr ihan
| they did. by about the difference In value Of
cnrrcncy nnd gold That is to sny, thur tho
Cost Of labor. repairs, packing and
general expenses was with them
gold S. "a
Add for difference IN valuo OF gold und
currency rs
And we have in currency 6 90
Estimating cotton i'm Liverpool al 24c.,
u"d the waste t450 lbs cotton, worth
Slo9. making 400 lbs. yurn.) would
DC $50 >-->> >-~ 90
Wear .nd tear of machinery ) - 3 3 ss ss
II 25
Add cost of cotton :. a %
And we have, rs cost Of No 20 yarn
manufactured in England 35 rs
COSi OF SOuthern yarns, as heretofore
SHOWN - ~
Freight nnd insurance -. 49,. ! 81
Cost of Southern yarns delivered IN
EhS' 49,. ~ oo
Difference In favor Of Southern yarns 4 75
But no estimate IS made of the
brokerage, &c, in Liveroool, or OF
tho treIyhts and charges on the
c"lton from Liverpool to Manches-
ter. Southern yarns could bc
shipped TO the continent Of Eu
rope at about tho same rates ~ to
Liverpool, while English yarns
would have to pay freight from
Manchester to the contin Mt &.
These additional charges on the
cost Of English yarns being con-
sidrrcd, / think it would be quite
fair TO info from the foregoing
that we could send our yarns to
Europe, and, selling them. at the
cost Of producing English yarns,
deriye net profit Of Mt least five
cents per pound.
In support Of the figures I have
yivcn, and the conclusions T have
drawn from them, l mention the
fact that at no time within tho last
three years would we have been
unable TO command from our
Northern commission houses chad
we chosen to ask for them ahvan-
ccs beyond the total cost Of our
yarns. Can any Northern or Ell.
ylish manufactures say this2
Estimating the average crop OF
cotton at 2,5o0,000 bales Of 450
pounds each, and the price here n,
rs cents. AMI .wo have as the
amount received BY the Soull,
1925, 100000 Manufacture this
cotton into yarns. aud sell at cost
Of Northern or English produc
ton, and we have, after dcductine
all foreign charges, (nct price pei
polnd 34c.) 1910. .00U,0U0 and :ol
waste, which would bo worth fo,
paper stock, if manufactured al
the South, So per baIo, 100000
-S345, 100000; showing IL gain to
the South Of $12O, 100000; and i
we estimate for q receipt Of sa,
Sc. per pound and cost Of foreig,
manufacture, (and our experience
would moro than justify it) w.
have further gain Of fS30,000, 900
| in all $150,000,000.
The avc'a 80 productions ofyarn'
lust year throughout the Unitet
States was per spindle 62. II pounds
tho average number Of yarn man
ufacturcd, 27,318; tho total nun
ber Of spindlos was about 6,048,
249 Of these tho Northern State
had 5,848,477 and tho Southern
States only 199,772. The average
number Of yarn manufactured Il
tho North was 27B !; production
per spindle 1857. Tho averag
number of yarn manufactured q
tho South was 1913; production
por spindle 140.37. .'... .#.,
These figures arc basod upo,
the reports mado to tho Nationa
Association Of Cotton Manutuctu
,rersr and Planters. II Ia probabi
th0f MANY nf thn on, llor r,;Ila !,