Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1909-12-03
OFFICIAL REPORT
SHOWS PROSPERITY
RESTORED N STATE
Enormous Gain OF S19,742,5OO
for Year Puts Industrial
Capital at $649, 70 ,349.
Special 70 the reward star.l

Jersey Is contained In ne annual To-
port of Winton c.. Garrison, chief of
the Bureau of Statistics Of Labor and
Industries. The report deals with re-
turns from s,127 manufacturing estab-
lishments and shows that during the
last quarter of 1907 there was CONNER
cial depression in this State. At this
time, Mr.. Garrison says, recovery OF
prosperity is quite complete and that
workshops that. were closed down in
1907 are greatly less this year. During
1908 there were a. number OF permanent
suspensions by Some factories, n the
net loss for that year as compared
with the preceding one is IL. There a
been a proportionate falling. off of the
number of employees, of capital in
vested for material, OF the. selling value
Of goods and Of the total paid In wages.
Capital invested shows an Increase,
says Chief Garrison. This could not
well be otherwise, considering the fact
that several new and largely capital
lied plants We're started during the
year, while the capital invested in the
older ones remained practicelly the
same whether running full time, part
time, or not at all. In fact, such has
been the confidence of the larger manu-
facturrers in the early and complete
restoration of the activity that pre-
vailed Immediately previous to the
panic that many Of them took adj
vantage of the opportunity afforded by
the condition of comparative idleness
chat followed to make large. additions
10 buildings and machinery and TO
catch up, generally. with the repair
work required for the proper malhten-
anc of their plants.
During 1908 there were II factories
closed. Besides these, six companies
moved from the State, N work done
in; those shops was taken elsewhere. or
the 2,127 establishments reporting, III
are controlled either by private firms,
partnerships or individuals; 1,046 are
owned by corporations. In 1907 the pro-
portion of private firms was 3b 7-l0 per
cent. as compared with 1910 per cent.
in 1908, showing that each year there
is a percentage of change in favor OF
corporate organizations of industry. In
the private concerns there are 1852
partners and individual owners, of
whom LIZA are males. In the corpora
tions there are SO, 379 stockholders COM
prising So, 3a7 males, 32,432 female and
$50 banks and trust companies acting
as trustees for estates or trust funds.
The average number Of stockholders
per. corporation is S6 $40, an increase OF
IL over the average for 1907.
In the industries of the State the
total arnoun Of money invested is
S649, 291, $40, Of which 2s per cent. repre-
sents-lands and buildings. 235-1o per
cent machinery, tools and implements
and so $40 per cent. in stock on hand.
cash in bank. bills receivable and prop
erty. These figures do not include the
values of properties rented or leased.
Chief Garrison gives the following
classification OF invested capital:
Artisans' tools, 1886, 1856; steam,
beileys, So S2. s6s; brewery products,
1913, $50. ls9; brick and terra Gotta, $14,-
Ill ,411; chemical products. $50, oa7, S0S;
cigars and tobaceS. &c. 1861 68; drawn
wire and w~ire-cloth, $6,026, 19s; electrical
appliances. s17,S75.s7o; furnaces. ranges
and heaters, $s,737, 7S9: glass, $5,321,017;
mems hats, s4,lSb. 245; jewelry, $7,726,74 4
tanned and finished leather, s13.S40, 500;
lamps, IS, 162, O4s; machinery, $44, $40, 002;
metal goods. $11,45S,4 58; oils, $50, 2s1. 212;
papers, $1o,10 ,635; pottery, SO, 7o4, 25S;
rubber products. 500, 331, SSs; ship build
ing, $13, 764,1s7; silks. $50, 125, 802; steel
and iron. structural, $14,774.s9I; steel
and iron, forging, $14,s7s,661; wooiens
and worsted goods. $27, 81, 1880. The total
amount of money invested in the fore
going industries Is 1922. oS1 ,901, leaving
1927, zoe. 44S for the others reported. The
industries making the greatest advance
in capitalization are oil refining and
silks, both reporting increases of about
S. 900, 900. The total increase in capital
IN all industries is 31S,742,500. The aver
- annual Increase in capital invested
n New Jersey from 1850 to 1907 is 9h
Per cent, which is 6 4-10 per cent.
higher thai for 1908.
Goods made in the State in 1908 were
valued at $685., s5s, FOG, 8 compared with
hts, 1876, 2a3 in 1907, a decrease Of $39, 1885,
as5. The fact that the cost value of
material used declined but II. per cent
says the report, shows that the
financial depression more seriouly af-
fected the market for finished products
than for raw material.
The total number OF employees for the
year was 270,0l3, and the average num-
Der wal 345, Tie. More than 50 per cent.
u the persons employed at some time
during the year were for one cause or
another out Of work during a part OF
the year. In 1907 the proportion of I'M
employed was IL per cent, which is
S $40 per cent. less than in 1905
OF the total number of persons EN-
ployed 1873 3 are males 1esyears of age
and over, 62,e07 are females 1e years old
ard over and 5,272 are Of both sexes less
than IS years. Mr.. Garrison says that
the proportion OF these CLASSES Of labor
n practically the same as 1t has been
SINCE the operation Of the factory in
peetion act of 1888, and that the statis-
tics show New Jersey Is, as free from
child labor ae the. most advanced state
IN the Union. The reporting companies
paid In wages during the past year
49, 57, S3S. an average yearly earning
per capita of s5o0.41.. The brewery
workers are the best paid class Of em-
ployees, Their yearly per capita salary
Ii es&2.40. The next best wages are paid
ii varnish factories. $724.l7 per capita.
the next. straw hats, $740: the next.
ahip building. s7ss.os. Five industries
pay an average Of $500 per capita, four
between $500 and $7O0. twenty. be-
tween $500 and 5000. twenty-five be-
tween $500 and $500, nineteen between
1900 and $500. ana three less than $500.
In the industries reporting earnings of