Arizona republican., 1905-02-27
Figures of Interest to PeO-
 pie of This Country
TIE BEST COMPETITOR
India Still far Be hind the United Stafss Notwithstanding Its Natural Adsan- tages. Cheap Labor and Abundant Capital for Development

W tD- -D--A (NAAtIA atA- dustry of British India and its growth in recent years. discussed In a report just received by the department of commerce and labor through it's bu- reau of statistics. is of especial interest to the people of the United States Gt the present time in vievx Of recent de- velopments regarding the cotton pro- ducing and manufacturing industrirs Of this country. The report shows that the number of mills in India ga the end of the fiscal year I9o3-& tyear ending March 31. 1So4l was eof against 137 in the fiscal year ls9--f- and in 1s034 the number of spindies was 5.21S.344. against 3.55s.sSl i'm iss1- 94. The number Of persons employed (daily average) was ISs.27i in iso5-t- against 13O,57O in IS93-4. Th. notnf- nal capital and debentureS in 1So5-f amounted to about s65. .090. .0oo. of which $50. 900. 900 was paid up The proCiuc- ton of yarn in the mills fcr ls41-s is reported at 556. 900 .000 pounds. against 430 0GO, 900 in 1S95-6. the ca. lest avail able year; the quantity of wos en Eoais in 19O3-4. 132. GOO. 900 poundS. against S3. 0OO. 900 in 1s96-7. the earliest aVaIla- ble year.
 A comparison of the figures ot the cotton industry of India and it's growth
 
 that the number of spindles in the United States in ISO3-4 was se.S5a.e against 5.7O0. 900 in 1Ss3-ss- an tn- crease of 7.150.000 spindles while the number of spindles in India ia 1so1-f was. as above stated. 5.213.3t4. and In 1S93-94 3.539.6S1. aIi increase of l.sse- 663 spindles. The number Of spintii-s Tn the United States is thus about four times great as that of India. while the rate of increase in the number u. l spindles in operation has averaged ln the case of the United States 7l5.eoo per annum. and in the case of India 167.OOO per annum during the past cs- cade
 These figures. indicating the growth in the cotton manufacturlnE industries of India and the United States re- spestively. and the relative uiAuGfac- turing facilities of the two countries are especially interexssps Tn view cf the fact that India i&stie seeoad lars est cotton producing country of the world. her total production averaging about 2.00O.OOO bales annually. against an average of about 10.00S.ooo bales for the United States. while Egypt ranks third with average production ce over 100000 bales annually The sta tistics of the commerce of India snc-- that that country. with it's population of 300 000. 900 people demanding cotton manufactures and its large supply of cheap labor. exported in lSeS-f. the latest available year. SsS.eSI. .eee pounds of raw cotton. 253.000.oee pounds ef | twist and yarn. valued at S-s.see. .eee. and 96.00O-O90 yards of cottcn pi-,e goods. valued at S4 soc coo: and in the same year imported 3.e3S. .eee-ooe yards of cotton piece goods. valued al about | ESQ n0O 0On IT fhrrs far ffraftH although a cotton growing country and possessed of an unlimited supply ~f cheap labcr and with British capital available for investment in its Indus tries. exports but about one-haif or the raY cotton which il produces and | imports about S93. 500 600 worth Cf coz ton manufactures annually
 The following is suumsrfzation nf the article referred to in the above dis cussion. taken from a recent issue of ' the British Board of Trade JouTn2i-
 At the end of I9O3-4 (year ended 3iSt March) there were in India eof ecttna mills. containing 4s.f2i looms and D. 2I3.s44 spindses. sof this number li- were exclusively spinning mills. nN> were exclusively weaving mills. and In S6 both spinning and weaving Were carried on- X daily average of iss--si persons were employed. viz 1iS.sio men, 36 737 women. 19.l5s young per sons. and 11735 children Nine of these 204 mills. with 17l. .sse spintles and 1865 looms. were closed throug-'.- out tine year.
 The nominal capital of the mills. as far as this information has been far nished. is ITI.569.sSS rupees. including the sterling capital of EIes1--S45. oc which ( SO5.259 is paid up. and of the rupee capital 125. .52S.3S1 rupees Is paid up There are further sterling 1ehen- lures amounting tO sSo.ooo and rupee debentures to the value of i9.esi.sst rupees issued by S9 companies Twelve mills also out of g worked by private proprietary have not reported the capt. tai employed by them. and for the-e 10. 900. .0OO rupees would seem to be a moderate estimate The aggregate cr the nominal capital and debentur-s ~ thus slightly in excess of -oe. .eit,.i. 's,1 rupees. and of tbis 15S-5eo.ooo rups-< or ( 10, 500. 900 Is paid up
 The Bombay presidency posSesses 60 per cent of the mills. 70 Der cent of the spindles. and 76 per cent of the looms In the native states and Fre,-h territory there are I9 mills. with 1.sef looms and 2s7 .902 spindles- Only 15 ! of the mills are owned otherwise th-st by joint-stock companies
 The industry dates from 1881 when 1 the first mill was started In thSs issf 20 years the number Of mills has in- increased by 15e per celr and their working capacity has been proportion ately augmented. the number of looms having increased by 1S2 per csat and of spindIes bv IJs Ter cent