New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1877-01-03
A word on Co,ton spinnlnr.

By way Of suggestion upon the subject of
manufacturing, the EOeeseities of v hich we
have more than once endeavOred to Impress
upon our citizens both In aud ont OF the
CITY, says the Houston Telegraph, we pre-
sent letter addressed to au exchanges by
practical man VINO is engaged in manu-
facturing cotton on q small scale in North
Carolina. Working only 5000 spindles, he
figures as the result OF his actual opera
tions q net profit of thirty-six per cent per
year on his investment. These figures could
hardly be realized in Texas on account of
the higher price of labor, but even if an ex-
pertinent on 90 small a scale would barely
pay expenses, 1t is not TO be denied that
the increased advantages and the greater
economy secured ia working on q grand
eystem would insure fair profits and enable
Texas manufacturers tOcompete with ihOBe
of New England and beat thtm In any of
the mar kets OF the country. The saving in
tho way Of freight would be immense, for
q pound OF spun yarns, worth eighteen
cents, could be transported tally as low as
a pound Of raw cotton worth only ten
cents In this way Texas spun yarns ought
TO be delivered in New EDgland cheaper
than they could be made there, and If such
q trade as this can be once established.
fully one-foArth Of the raw cotton shipped
from Texas nov would soon seek the weav-
era Of the North in the form of spun thread
resdy for the leon. II has been claimed
| BY the manufacturers Of New England
that the muddy Dtreams Of the South and
West will eftectualiy prevent successful
competition BY manufacturer In those sec
tions in the way Of the liner grades Of cot
/ ton fabrics, but Ia course and unbleaehed
other South Atlantic States are successfully
competing, while trade In spun yarns can
| Is carried to "a unlimited extent The let
ter We present IL from the Holly Springs,
hississlppi SosstA, and IL may help %
awaken oar pegpie % the consideration Of
q subject Of enerossing Importance.
Il have nn fntereat In . emall factory,
and viii give you come correct and reliable
figures 81 20 the actual coat Of splnniha COT,
ton in our factory ia North GAeoiinn, Nhere
labor is cheap. Our factory e driven by
water power. sad it costs just two and /
half cents per pound 70 spin the cotton int,
thread and deliver il ct the depOsin ths
bale. We estimate that II We Rsqd steam
power it w0uid eeat us cent . pound more
We sell our spun cotton In North CArolini
&c the factory ct eighteen o6ntH per pounl
a. fast as We can deliver it. Deduct twl
and 5 half cents fos spinning, one and
quarter for loss and waste, equal 20 three
and three-quafters, % b deducted from thl
ceiling price, eighteen cents, leaving four
teen and q quarter cents, from which thi
only deduction VIII be the price Of the raw
mafarisi, say eight o. tan cents. leaving
unler the circumstances. large margin 70
/ profit
"A factory Of 5000 spindles, with all a.
machinery required f0r spinning enlgs cal
be erected Tor t25 800 Add $1,000 to b
kept inVested il cotton and in goods on II,
/ way 20 market Isiis will enable Us q
steek ourselves with loW cotton u mis-
with better grades. and five Us as eoot
asook ns We need &C reduced prices Thea.
1900 tpiudles Wit spin at lo4st 1920 rounal
Of thread IA twelve hours. EsUualluR 3u'
Working dal8 tc tho feaF, f1rcs bales pe
Hay, gha 81 ~ will ID ol9 bales per annum
500 tlfrs, t54 COO nound &C eighteen nenil
pr 5orhd, f9l 900 bet cost Of 5000