Perth Amboy evening news., 1923-01-06
BY FREDERICK l., HOFFMAN
Dean of Advanced Department.
Babson Institute, Consulting
Statistician, Prudential In
Surance Co.

Few states of the United States,
and few geographical of equal
size throughout the civilized world
can boast of a more rapid advance
in population and material progress
thar the State of New Jersey. After
the Constitution was adopted in
1889 the population, according to
ensus 1890, was only 184,139; by
1870. or fifty years later, this had
increased to 373,376; while thirty
years later, or 1870, the population
amounted to 6,096. Since then the
population progress OF the state has
beer extraordinarily rapid; and
from being seventeenth in rank of
the states in 1870 New Jersey is now
the tenth state, with every assurance
that during the present decade the
states of Missouri and Indiana will
be surpassed. The table following
shows the population progress If
New Jersey during the last fifty
years with the actual decimal In
crease and the percentage growth Of
the decade.
One table shows the population
progress of New Jersey from 1870
to 1920. 1t rose from 906, O96 in
1870 to ~1,S83,669 in 1900 and g.
$4,000 in the year of 1920. Com
mencing with a decemial growth
equivalent to 24.3 per cen the max
imum rate of growth was attained
during the period 1900 to 1910 or
34-7 per cent. The population de-
mial increase for New Jersey and
for the two adjoining states of New
York and Pennsylvania is shown in
the table following: In New Jersey:
1S70-S0 compared decemial increase
24.S per cent, New York 1910 per
cent, and Pennsylvania 21.6 per
cent. From 1910 to 1920 the figures
Increased In New Jersey PA per
cent, New York 40 and Pennsyl-
vania 1873 per cent.
The manufacturing statistics Of
New Jersey useful for the present
purpose are limited to the period of
1904-1919. The table following in
cludes the manufacturing indus
tries of the state according to the
number of establishments, the aver
age number of wage earners and the
total amount paid in wages during
the year. It reveals the compare
lively small progress in the number
of establishments with a prodigious
amount Of increase in wage arner
and wages from $128.000,000 in
1904 to over $500, 900, 900 in 1913.
There were 1910 establishments
in 1904 employing 266.366 wage
at total wages of S128,16S,-
600. In 1919, 8,S17 factories en-
ployed S26,223 workers at wages CT
$169,710,0 900. In 1914 9,742 estab-
lishmants employed 37S,605 workers
at a salary of $211,166,000 and in
1919 there were 16,057 establish
ments with 50S,686 wage Garner
who earned $600.658,345.
Even more impressive is the enor-
nous increase in capital invested n
New Jersey industries which in
creased from $715, 900, 600 in 1904
to $2.S35, 000,0 900 in 1919. The de-
tails for the past six years, TO-
gether with the cost of materials
used and the primary horse power
employed show the following fig
r 1904, capital used $715.000 :
000' cost of material. $40 1000, 900
with a horse power Of 100000. In
1909 the manufacturing industries
used $977.000.000 for capital. the
cost of material was 1920, 000, 900
and a horse power of $4,000. The
figures comparatively increased N
1914 when 1882. 000, 900 was con-
sumed in capital, with the cost of
material set at $2,270,0 900 900 and
1,146,000 horse power.
Relatively the increase in the cost
OF material required by New Jersey
industries has been less than tn
amount of capital invested or the
corresponding growth in the pri-