The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-03-24
COTTON,

The receipts of cotton to-day were III
bales, Of which IS came by rail, as follows:
7. b. Mitchell, % from Arlington: W. Sta
ton, , from Ryle; Caller Il Hill, 1 from
Lewisyille; K. S. kimhrough, ., and J. A.
Sheryan from Mesquite. The shipments
were 80 bales for Evans d Co., by the Texas
x Pacific, and 200 bales for II. b. Mitchell,
by the Gulf, Colorado IL Santa Fe This
being Good Friday, the exchanges all over
the country are closed aud we are lett with
ont our usual reports. In the city there is
no change IN prices,
Coca middnug. .,.........,.,,...,,........ gss
AluHs ,,,,.......,,...,. ga
strict low middlins OBSERVATION-DISCLOSURES.
LOW mAuunnB ACKNOWLEDGEMENTS, SD
I"ol uIulllhtY 5
Nearly all the New England cotton mills
are running iull time and some of them
have large orders ahead. The business of
the past year (lSS2) was not as good for the
manufacturers generally as the two pre-.
cedlng years, and il will be noticed that the
average dividend paid by the cotton manu-
featuring industry Of New England for that
year, as given in our table below, was p
per cent less than in 1881 and iive-sixths OF
l per cent. less than in 1850. The number
OF establishments in 1860 was $40; in 1870,
Dos; and in 1850, 430, making l3l less than
IN ls65, The number of spindles in 1869
5,slSS62 in 1870, 5,49S ,3OS; in 1880, S, SOC III
an Increase of 49i5,i55 over 1860. The
average number OF hands employed in 1860
was ol,4VS in 1870 there were 0i,77j, gain
OF 1882; IN 1850, l27, lS5-deduct ,4SG oil.
GERS and clerks, making l25 40 operatives,
an increase over 1870 of 81 ,00l, and A, 37j
over 1860. The capital invested in 1870 was
$Og-o0,2i9; IN 1870, 500, l03, 40; and in 1850,
Slo6,i0l, G9O, or SS7, 44, All increase over
lNHl. The total Of ~ l.,
1850 was Sl672092O, an average of sos 40
to each operative; in 1870, SIS, 7i0, 1888, an
average OF SjO3,25 TO each operative; in 1881
S5-,I'V,S6l, an average Of S2j5.70. The
amount OF cotton consumed in 1860 was
2o5tOl ,3O6 pounds; in 1870, 80, 652, 2lS
pounds, S,Oi9,0SS pounds less than in 1860:
IN 1870, 54l,373SS0 pounds, or 257672, 57i
pounds more than III 1860, and an increase
OF -ooI2l ,B2 pounds over 1870, or q gain OF
about " per cent. of cotton consumed
IN ten years. The total value of the
TOTAL products in 1860 was $40, $3.50 900:
IN ie'O, STA 800, 053; and in 1880, $l43 1868,
w. q gain Of S6i,0O3, 1870 over 1850. 1t
must be remembered that in 1870, with gold
al 10, the above whowing of capital in
vested, wages paid and value of produce is
20 per cent. more than it actually should be
When comparing that year with 1850 and
LeSO, when gold was at par; hence, in OF
der to draw correct comparison with those
years, the capital invested, wages paid and
value OF product should be % per cent. less
than that shown above, or, capital invested,
Sio,UHs2Si wages paid, $2l ,55j,59l, an av-
erage oil 81 Al to each operative; value of
product, $937l9,29O. These figures, we
thlnE, are correct, and comparisons can be
accurately drawn and compared with the
years 1860 and 1850. The largest average
amount paid to each operative was in 1850
,-s@2o''O-an average increase OF $50 30 per
hand over 1860 and $3.50 over 1870.