The New York herald., 1879-08-04
COTTON INTERESTS ABROAD.
THE EXTENT OF THE SHORT TIME MOVEMENT
IN ENGLAND.

IN ENGLAND.
From the Liverpool Post.]
We recently analyzed the returns Of spindcs relat
ing TO the districts OF Oldham. Preston Accrington
Leigh, Haslingden and New Mills. The total number
OF spindles existence in these districts is about
II ,OOO,OOO. of which 1.10OOoO standing and
1000 900 mot 800 900. printe working short
time We showed that. assuming the spndles work.
ing short time to be running on an average three
days per week. the total loss of power would be
100000 out Of ll,Ooo.ooo, or fourteen and q
half per cent Applying this proportion to
Kingdom--namely, l0.OOv.00o. capable OF using
6O.OOO bales per week II working full time--we
showed that reduction ot fourteen and half per
cent for the whole Kingdom would represent pres
ent consumption of 81 7UO bales. against fu rate of
$1,000 bales. while even taking the fourteen and .
half per cent reduction from the maximum touched
this year tssy $1,000 bales). there still remained
l6 900 bales per week As matter OF fact, however,
the reduction should be made from the whole
amount of spindes In this the present rate of
consumption would come out as 81. TOO bales per
week; but however true this proportion may be in
respect of the districts named above 1t 10 not true
OF other and more unfortunate districts.
In Blackburn Burnley and Chorley. for instance,
IL is said that one-third OF the spndlcs are either
stopped or working short time In Bury four -hfths
working short time -four days wcekl In stock
port only 5OOOcO out of l195.00O at work five years
ago are now running Adding together the figures
relating to Blackburn. Burnley, Bury, Choricy. Ac
crington, Washington, Leigh New Mills. Olaham and
stockport we get the Following RESULT
Total number OF spindles.. 15.60O000
Number stoppou ..................... z'oU,uO
Working short time. OBSERVATION-DISCLOSURES. 1.75OOOO
Those working short time are running from three
to Ave days per week. chiefly four days The loss of
power is therefore, 2,5gOv0 standing and 1.75000o
losing two days week (equal to $4,000 sanding.
total of 3175.0 off an aggregate OF 15,1OOOo in
existence IN the districts named.
ON the basis OF these figures IL follows that about
II per cent OF the total number OF spindlcs In the
Kingdom are standing. II may be taken for granted
that this is full percentage because includes the
spindles OF those towns in which the depression is
greatest. 1t would in the aggregate represent
900 spindles idle out OF total OF 40,U000o0.
leaving only 6OOOO0 working; and 1t would repre-
sent average rate of consumption equal to F,40O
bales per week out of a total of 6O.0OO bales We
compare with 10000 bales because the census OF
spindles comprises all in existence, and includes
numerous mills that have been stopped for several
years We should say that from y to 10 per cent OF
the spindles In existence have, on average been
standing for the last Ave years II would be gross
faacy therefore, to assume that the present rate OF
consumption is II per cent less than II was in the
earlier part OF the year II we admit that the pres
en OF consumption s ~ per cent less than the
full rate Of 10000 bales 10 is still 1900 bales per
week IL is possible that the movement will be still
further developed. Be this may, the rate Is not
now less than $4,000 bales pcr week.