The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1906-07-10
Increase In Capital l06
Per Cent in Five Years.
GROWTH IN ALL LINES
\ rfaiiiNtnS story Told - nuIl,au~
sr"m tiie Genus Department
That Illustrates tilc i.afaI
Development ol North
Carolina

u, THOMAS = rI>tl

- AAtFsa
u, THOMAS = rI\tI
N~a~ntnEtaH l. Jas
ia~trs-l ssaata. af >arsa csua
during the past ist fsa ea~
hardly surpassed ms sut S "a. lu t.r
JnIoE-is told ia 4,tsst ill ua#e
TN issued bs ta. ~ay pesatet
reference te which aa made n-
weeks ago from an advance, sa-s
There i~ invested ta.la, a >.stn.
carolina <l4l.uao saa II uAuuAra.f-
ms enterprises. paying S-lGt5-sl ta
Mag" tarHcr~ AND s.. 1st49I IL 4#a-
Fie4 officers and turning aet products
l"i tie Ealue IF $l4- 6-U.t16. Five
years < there WAS only N.-NS. oua
I"f capital invested 81 manufacturing
ia the state. the value II the products
manufactured Wa~ only x~<54-4ukS
ana only Sl405l 81 was paid II pag,
learners. The increase In capital In-
vested has been loo Ter cent. in tne
value OF products - per cent. and m
the amount Of wages - per cent
Manufacturing statistics for seven
cities in the state are given. winston
turns out products Of the greatest
VALUE. which amount "a ~xII858es6
an increase Of 49, per cent. since 1900
charlotte has the largest number af
manufacturing establishments. Il total
OF -. Here arc some OF the figures
Manufacturing establishments
AsheNlIle A.. Charlotte 40. Greensboro
90. New Bern y. Raleigh l.. Whining
ton -, Winston a.. WinSton.S gain WIS
the largest, being Sc per cent IN the
past five years.
The capital invested in these cities
IN 2 manufacturing way Is thus
shown. Ashevfllc. $l.522.35o. Char
lottc, $f.S49,566, Greensboro. SI.aNN.-
9N2. New Bern. $I233,5-I. Raleigh.
Shof.44ot Wilmington. ~Sf.925.1l2.
winston, &9.2ll.>o2. Winston shows
an increase Of 49, per cent. in i've
years.
The item OF wage follows Ashe-
VILE. $22S.19f. Charlotte. $Ga3.4s2.
Greensboro, $53H671. New Bern.
>$@f6.'7o. Raleigh. s225.IS1. Whining
ton. $6$2,966, Winston. $9S5.5a6.
OF the I municipalities { showed
gains i'm every particular. AShcyiiIc
and Charlotte shove decreases only
in the number Of wage-earncrS and
Now Bern showed 4 decrease for near
~ every item.
in these z municipalities increased
IL per cent; w-agc-earnera. 15.2 per
lcent., wages. Isl per cent. and Valu"
of products, $50 per cent.
The umbc Of establishments in
the I municipalities ia 1900 was IS
IlptI 'tIli. III the TOTAL hummer IN Inc
iStdte; in 1905 the percentage had in
creased to 100. The percentage Of
miscellaneous expense also WAS great
CT in 1905 than in 1906. but the per
IccntaEcs for capital. wagc-carncrs.
wages, cost of materials, and value Of
products were less.
For all municipalities except
Greensboro and Winston the percent
ages Of increase for w~aCc-carners.
wages, and value Of products were loss
than the corresponding percentages
for the state rs i whole
The increase in Greensboro was due
in part to the Introduction IF new in
duStrics. but chiefly to tho develop
mcnt Of those reported in 1900. Tho
city Of Winston owes its large in
crease TO the gain in the manufacture
of chewing and smoking tobacco and
snuff, although there were increases
in many of the other industries re
ported in 1900. Several industries that
were not reported in 1900 appeared
at the census Of 1905, tine most i'm
portant of these in Winston was the
manufacture of furniture.
Strange as it may appear the pre-
.Iponderancc Of the manufactures in the
lrural districts. The number Of cstab-
liShmcnts reported for these districts
in 1905 formed S9.f per cent. Of the
total number in tn" state. as compared
/ WIFI 'I.t I1fl ttil4. III l't'. anu llIf
value of their products was S2.l per
Icent. Of the total for the state and
IS1.1 per cent. in 1900.
The 2.299 establishments reported
in 1905 for the II leading industries
formed 1913 per cent. Of the total
number Of establishments in the state.
These IA leading industries are, car
riagcs and WaGons, cars and general
shop construction. cotton goods. fer
tilizcrs. flour and grist mill products,
foundry and machine products. fuFHi-
turc. hosiery and knit goods. leather
tanned. curricd and finished. luTabcr
Yand timber products. planning mill pro-
ducts. oil. cottonSced and cake. chew
ink and smoking tobacco and snuff.
.cigarS and cigarettes. The capital I'M
vested in these industries amounted 70
.S~12s.359.G43. or ~ per cent. OF the
total capital. while employment was
given To all average IF 1861 wage
.e~arnerS. or Ss.4 per cent. %; All tho
w~agc-earncrs employed in the state.
The amount paid rs wages ln these i'm
dustries was S~18.7S3.-s6. or So per
cent. az the total wages and the value
of products was 126.12T.f5H. or ss-4
per cent. OF the total value Whtle
there was A reduction in the num-
Der If establishments engaged IN
these industries the capital invested
in them doubled. and each If the i'm
portant items increased during The pc
riod between 1900 and 1905. The in
crease in the number 81 wage earner~
was III per cent. and the increase in
the amour paid them in wages vas
51.7 per cent.
The manufacture Of cotton goods
was the most important industry IN
the state in 1905 and in 1900. and AZ
Of these censIses North Carolina
rankad third among the cotton manu-
featuring States. South Carolina Is the
only southern State ahead Of herr
There were PIP establishments in 1905.
a. with IT. in 1900. Dur
ing the fve-year period capital in
creased s24.401.412. OF 13.9 per cent.
and the value Of products S1Sssl.25b.
or SIS per cent. wage earners IN
6.0s3. or 2o.1 per cent. and
wages s2.376.425. or +6.f per cent. In
1905 the value Of the products ~ this
industry was 3d. per cent Of the total
value Of all manufactures in the state.