French Broad hustler and Western Carolina Democrat. [volume] (Hendersonville, N.C.) 1915-1916, 1916-06-01
TOTAL VALUATION OF NORTH
CAROLINA PRODUCTS s289,412,O0O
Bureau or the Census Completes Data
for 1914; Total Capital Invested
was S253sS42,OOO.


products in North Carolina in 1914 was
$3.50 Al, 900, as shown in a report just
issued by the Bureau of Census for
that year. Compared with 1909 this is
an increase of $72,7 56, 900 or $3.50 per
cent over that year, the total value of
products in 1909 being $216,656, 600.
The number Of establishments in
1914 was 5,5O7 and in 1909, 4,931, an
increase of III per cent. The aver
age value of products per establish
ment in 1914 was approximately $685.
900 and in 1909 $4,000.
The value of products representing
their selling. value or price at the
plants as actually turned out by the
factories during the census year and
does not necessarily have any return
ito the amount Of sales for that year.
The value under this head also in
clude amounts received for work done
on materials furnished by others,
The 7population of North Carolina at
the census. of 1910 was 2,206 900 and it
is estimated that ON July l, 1914, the
population was 2~,339,0O0.
The census of 1914. like that of 1909,
with reference to manufactures ex-
cluded the hand traded. The building
trades and the neighborhood indus
tries, and took account only of estab-
lishments conducted under the factory
system. In the census also as that
of 1909, statistics were not collected
for establishments having products for
the census year valued at less than
$500 except that reports that we're
taken for establishments idle during
the period of census year, or which
began operation during that year and
whose products for such reason valued
at less than $500.
The word establishment" as used
in the census reports may mean more
than one mill OF plant, provided they
are owned OF collected Or operated by
a single individual, partnership, col
poration or other owner or operator,
and are located in the anne town or
city.
The reports were taken for the cal.
endar year ending December 81, 1914,
wherever the system of bookkeeping
permitted figures for that period to be
secured. but when the fiscal year of an
establishment differed from the calen-
dEr yea a report was obtained for the
operations of that establishment for
its fiscal year falling most largely
within the calendar year 1914.
The summary shows a considerable
increase at the census of 1914. as
compared with that of 1909.
In the order of that Importance,
from a percentage standpoint, the in
crease for the several items rank as
follows: Salaries 48.4 per cent; ma
terials 1876 per cent; primary horse
power, 34.3 per cent; wages "a pei
cent; value of products 1876 per cent;
salaried employees 800 per cent; value
added by manufacture 20 per cent;
capital 1863 per ent, and number of
establishments Ill per cent.
The capital invested as reported in
1914, was 1888, 842 900. a gain of $780,
$50, 900 Or 1863 per cent. over SILL
1876, 900 in 1909, the average capital
per establishment was approximately
SAG, 900 in 1914 and $44, 1000 in 1909. In
this connection it should be stated that
the inquiry contained in the census
schedule calls for the total amount OF
capital, both owned and borrowed, In
vested in the business, but excludes
the value of rented property, plant or
equipment which was employed in the
conduct of the manufacturing enter
prise. In the fina' bulletins and re-
ports the rental paid for such property
will be shown separately.
The cost of materials used was
S169, 942. 900 in 1914 as against SILL
S61, 900 in 1903, an increase of $48 $780,
900 or 39.5 per cent. The average cost
of materials pc establishment was
approximately $50 $50 in 1914 and
$24, lib in 1909. In addition to the
component materials which enter into
the products of the establishments for
the census year they are included IN
the cost of fuel, mill supplies and rent
of power and heat. The cost of ma
~terials, however, does not include I'M
used materials and supplies bought
either for speculation or for use dur-
ing a subsequent period.
The census inquiry does not include
amounts paid out for miscellaneous ex-
penses, such as rent of offices. royal
ties, insurance, ordinary repairs ad-
vert:sing, travelling expenses, or al
Iowance for depreciation.
The value added by manufacture
represents the difference between the
cost of materials used and the value
of the products that manufactured
from them. The value added by man
ufacture was $119,47O,O 900 in 1914 and
$94, 795 900 in 1909. the increase being
$24, 665 900, or &c per cent. The value
added by manufacture formed ALB per
cent of the total value of products in
1914 and 43.8 per cent in 1909.
The salaries and wages amounted to
s56.2 83 900 in 1914 and $41,259,000 in
1909, the increase being $15,O24,OOO or
1874 per cent.
The a1~-age number of wage earn
ers was 1854 in 1914 and 121.472
in 1909. an increase of 1871, Or 1876
per cent.
The maximum number of wage earn
arc IA 1891 for 914 were employed