Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-04-10
THE JAPANESE SPINNING MILLS ARE
PAYING FROM TWELVE TOFIFTY
PER CENT DIVIDENDS.

connected with &c FOR the study ot MI
rr.bpa and Che Investigation NJ special
diseases. The company proposes 70
build o. 4gnitarium az Inkaaago' one
of che seaside resorts. Tor lts ConNales-
cont operatives. 20 has appropriated
$4,000 for the buildirg and this rs now
under construction.
DOB addition to the above. these mills
have pension fund which now
amounts to $4,000. 90 fund fur the well
fura of fhe employees off more than
100000 uld 90 sanitary fund of $4,000
Tho vorlmcu have also societies or
uaulzcd under % company Tor mutual
relief and for Che promotion of the gem
or1l interest uf the members One of
These societies has "a large income from
Its members fees, Including ~ subsidy
from the company. and another has
o. capital OF 100000.
JAPANESE MILLS WHICH PAY BIG
DIVIDENDS.
I ann told that on the cotton mills Of
Japan are doing we'll In addition 20
the establishment which I have de-
scribed there are many others which
work day and night and which pro-
pose tO Increase their capacity and 20
extend their trade throughout the far
cast They look upon China as their
especial market and say that they have
the advantage OF an other peoples In
understanding the written characters
used iu tho languages OF the two
countries and also In their genera!
knowledge Of the Chinese people and
their customs. There are now Jana
nese going over China investigating tho
markets Tor cotton; and there are
steamship lines which connect Kobe
with the big cities on almost an the
Chinese rivers. The demand for cot.
N a.. "a
ing. and there great effort will be
made To push the trade ia Korea and
ManChuria
At present there are a hundred and
eighteen mills I'm the country devoted to
spinning alone; and these have more
than 1000 600 spindles. They make al
most million bales or cotton yarn an
nually; ana have "a profit therefrom
or nine or ten million dollars 1 have
before me figures showing some Of the
dividends paid. In 1903 every cotton
mill I'M Japan paid from 10 20 40 per
cent. and I'm 1906 there were ten com
panies which paid all the way from Is
90 Is per cent In 1907 there were two
which paid 30 per cent: and the Toxic
Grand Yarn company has paid as high
az 20 per cent. Nearly ali those COM
panies are adding 20 their SURPRISES and
are charging OF good amounts 10 the
depreciation Of their buildings and ma
chinery
COTTON WEAVING.
So FAR the japanese have not done n
great deal IN weaving cotton. but thew
are now making enough sheeting every
year 20 carpet a road ms wide as Penn
sylvania avenue. I'm Washington. for a
distance OF G0.O0O miles Such "a car
"a would reach twice around the world
at the equator and leave more than
enough over TO cover a similar path-
way through IT'S center There are now
number Of large mills with something
Ike 10000 looms. They grew RAPIDLY
during the war with Russia for the
army then needed quantities OF goods
and the prices rose. The cost OF blaD-
Fote went mo 100 unr cent. a7d s0r,n of
the mills were kept busy making khaki
or what the war required it ia esti-
mated that Japan supplied 90 per cent
and only imported 30 pcr cent
In addition 10 the work of tho veav-
Ing factories an enormous amount v-aa
done In the houses on hand looms.
There are now almost q million homes
in which weaving Is carried on and
there are hundreds OF thousands OF peo-
pie who work there. The number was
more than a million ten years ago but
IL Is gradually decrea sing, and more
and more of the work Is being done In
the factories. II Is this houseweaving
industry which consumes a great part
Of the cotton yarn manufactured here.
and 80 rs on hand looms that tho most
% that which Is evuorted ~ chino and
Korea IL woven Many small mills are