The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1892-12-07


since Oct. 9. 1890, and up to Oct. eo. 1892
as partially reported in the American
Economist, number 345, aud the extension
of existing plants los; the new capital in
vested amounts to S4o,4t9, ,050, and the
mum Der OF additional employees to 81.
265
The Textile World for July, 1902, states
that during the first six mouths of the
present calendar year ia5 new factories
were built, oil u hich IS ARE cotton mills,
As knitting mills, ~ W. oien mills, Is silk
mills. plush n. ills sbd : linen mills. OF
the 40 cotton mills 2 have been built in
the Southern states. Mr.. A b. Shep.
herson, of the New York Cotton Ex-
change, estimates the number of working
spindles In the United States on Sept. /,
1892, at Is, ,20o, ,O00, an increase of C6.' 200
over the year 1891. The consumption of
cotton by American mills In 1891 was
z, BOG, 900 bales, and in 1892. 2,5S4, 900 bales,
an increase of lSs,0g0 bales. From the
year 1869 to 1892 inclusive, there has been
an increase i'm the consumption Of cotton
In Europe OF 80 per ceat, while during the
same period the increased consumption
In the United States has been about $50
per cent.
The Tin Industry.
The report of Ira Aver, special agent of
the treasury department., shows that at
the date of Sept 30 1892, there were
thirty-two companies manufacturing tin
and terne plate in the United States and
fourteen companies building new works
for such manufacture. The estimated
investment In buildings and plants at the
close of the fiscal year, June 80, 1893, IL
- h.
was $5, ,0O0, 900, and the estimated rate of
The actual production of the quarter end
ing Sept. 80, 1892. was 10.952, TBS pounds.
Commissioners Peck's Report.
The report OF Labor COMMISSIONS
Peck, OF New York, shows that during
the year SOL, in about six thousand
manufacturing establishments In that
state embraced within the special inquiry
made by him, and representing 81 differ
ent Industries, there was q net increase
ever the year 1890 of <3l, ,315, l3o.6s i'm the
value of the product, and of S6,377. .925. 20
In she amount of wages paid
The report OF the commissioner of labor
for the State of Massachusetts, shows that
3,745 industries in that state paid $780,
4l6,2 ,248 in wages during the year 1891,
against sl26, ,n3D, ,303 in 1890, an increase of
%, 1886, ,y45, and that there was pn increase
of 20, ,932 400 in the amount of capital, and
Of 7,346 In the number of persons en-
ployed in the same period.
Our Foreign Trade.
The total value OF our foreign trade
exports and nanufactures) during the
last fiscal year was $i,S57, So, $40, an in
crease Of sI2S, ,604 over the previous
fiscal year. The average annual value of
our imports aud exports of merchandise
for the ten fiscal years prior to 1881 was
81, ,457, ,322, ,019. Ii will be observed that
our foreign trade for 1892 exceeded this
annual average value by $4lo,35S, SOL, an
increase OF 27.47 per cent The signific-
ance and value of this Increase arc s~~wn
by the fact that the excess in the trade of
1894 over 1891, was wholly in the value OF
exports, for there was a decrease in the
value of imports o. Sl7, ,5l3, 754.
The value Of our exports during the
fiscal year 1892 reached the highest figure
In the history of the government amount
ing TO u. .03o, 27S. .14S exceeding by $l45. .7g7.-
e38 the exports OF 1891 and exceeding the
value OF the imports by S2s2, ,s75, $50.
Vase of Exports.
A comparison of the value Of our ex-
ports for 1892 with the annual average for
the ten years prior TO 1891 sh ,ws nn excess
<of e265. 142, ,6z1, or of BAGS per cent.
The value OF our imports OF merchan-
disc Tor 1892, which was sSc9, ,4o2, ,462, also
exceeded the annual average, value of the
ten years prior to 1891 BY s135. .215, ,94l.
During the fiscal year 1892, the value OF
imports freetof duty amounted to s457,-
999,65s, the largest aggregate In the his
tory four commerce. The value of the