The Colorado statesman., 1916-09-02
FACTORY PRODUCTS
SHOW LARGE gain
Industries of United States Ex-
perienCe Substantial
Growth.
OUTPUT WORTH "a BILLIONS
Tendency Toward Concentration is
Shown by Decrease in the Num-
ber of Proprietors and Firm
Members.

Substantial increases in the value of
manufactured products in the United
States in 1914, as compared with the
year 1909, are shown by figures just
compiled by Uncle Sam.
A report of the census of 1914 pre-
pared by the bureau of the census,
shows that the total value of products
in the United States in that year was
$24, ,246, 1913 900, as compared with $2O,-
'672, ,052,000 in 1909, gain of 17.3 per
cent.
That there has been a tendency to-
ward concentration of Industry is
shown by the fact that while there
were marked gains in the quantity and
value of products and smaller in
crease in the number of establishments
engaged in manufactures, there was
a decrease of 81 per cent in the num-
Der of proprietors and firm members.
In the same report the population OF
the United States in 1914 is estimated
at 9S,7S1 900, as compared with 1872
266 in 1910.
Salaries and Wages Increase.
A general upward trend>of salaries
and wages is shown by the fact that
while the number of wage earners en-
ployed during the year showed an in
crease of only 6.4 per cent, the amount
paid out in wages increased 10 per
cent, and while the number of salaried
employees increased % per cent, the
amount paid out in salaries increased
37.2 per cent. The amount paid out in
salaries and wages in 1914 was $5,367,-
249,000, as compared with $4,365,613,-
600, a gain of more than billion dol
lars.
The census of 1914, like that of 1909
with reference to manufactures, ex-
cluded the hand trades, the building
trades, and the neighborhood indus
tries, and took account only of estab-
lishments conducted under the factory
system. In the last census also, as in
that for 1909, statistics were not col
lected for establishments having prod
ucts for the census year valued at less
than $500, except that reports were
taken for establishments idle during
a portion of the census year, or which
began operation during that year, and
whose products for such reason were
valued at less than $500.
In the order of their Importance,
from percentage standpoint, the in
creases for the several items rank as
follows: Salaries, 37.2 per cent capi-
tai, 23.7 per cent; salaried employees,
% per cent; primary horsepower, POT
per cent; wages, 10 per cent; mate
rials, 1873 per cent; value of products,
17.3 per cent; value added by manu-
facture, 1873 per cent wage earners,
GA per cent, and number of establish.
ments, 81 per cent.
s22, 2,7eo, ,sso, 900 Invested.
The capital invested, as reported in
1914, was $50, ,790, ,SSO,OOO, gain of
$4, ,362, $4,000, or 23.7 per cent, over
SIS, ,42S,270,0OO in 1909. The average
capital per establishment was approx
mately $4,000 in 1914 and $4,000 in
1900.
The cost of materials used was $14,-
36S, ,OS9, 900 in 1914, as against $12, ,142,-
791, 900 in 1909, an increase of $2,225,-
29S,OOO, or 1873 per cent. The average
cost of materials per establishment
was approximately $4,000 in 1914 and
$4,000 in 1909. In addition to the COM
ponent materials which enter into the
products of the establishment for the
census year there are included the cost
of fuel, mill supplies and rent of
power and heat. The cost of mate
rials, however, does not include un-
used materials and supplies bought
either for speculation or for use dur
ing subsequent period.
The value added by manufacture
represents the difference between the
cost of materials used and the value
of the products manufactured from
them. The value added by manufac-
ture was $9,87S, ,234 900 in 1914 and $S,-
529, ,261 900 in 1909, the increase being
S1,34S,973,OO0, or 1873 per cent. The
value added by manufacture formed
40.7 per cent of the total value of prod
ucts in 1914, and Alb per cent in 1909.
The number of salaried employees
was 964,217 in 1914, as compared with
79O,267 in 1909. making an increase OF
173,95O. or o. per cent.
The average number of wage earn
ers was 7,036,337 in 1914 and $685..
046 in 1909, the increase being 421, ,291,
or ga per cent.