Presidents -- United States -- Messages; United States -- Politics and government -- Sources
The Textile World for July, 1892, states that during the first six months
of the present calendar year 135 new factories were built, of which 40 are
cotton mills, 48 knitting mills, 26 woolen mills, 15 silk mills, 4 plush
mills, and 2 linen mills. Of the 40 cotton mills 21 have been built in the
Southern States. Mr. A. B. Shepperson, of the New York Cotton Exchange,
estimates the number of working spindles in the United States on September
1, 1892, at 15,200,000, an increase of 660,000 over the year 1891. The
consumption of cotton by American mills in 1891 was 2,396,000 bales, and in
1892 2,584,000 bales, an increase of 188,000 bales. From the year 1869 to
1892, inclusive, there has been an increase in the consumption of cotton in
Europe of 92 per cent, while during the same period the increased
consumption in the United States has been about 150 per cent.
The report of Ira Ayer, special agent of the Treasury Department, shows
that at the date of September 30, 1892, there were 32 companies
manufacturing tin and terne plate in the United States and 14 companies
building new works for such manufacture. The estimated investment in
buildings and plants at the close of the fiscal year June 30, 1893, if
existing conditions were to be continued, was $5,000,000 and the estimated
rate of production 200,000,000 pounds per annum. The actual production for
the quarter ending September 30, 1892, was 10,952,725 pounds.
The report of Labor Commissioner Peck, of New York, shows that during the
year 1891, in about 6,000 manufacturing establishments in that State
embraced within the special inquiry made by him, and representing 67
different industries, there was a net increase over the year 1890 of
$30,315,130.68 in the value of the product and of $6,377,925.09 in the
amount of wages paid. The report of the commissioner of labor for the State
of Massachusetts shows that 3,745 industries in that State paid
$129,416,248 in wages during the year 1891, against $126,030,303 in 1890,
an increase of $3,335,945, and that there was an increase of $9,932,490 in
the amount of capital and of 7,346 in the number of persons employed in the
same period.
During the last six months of the year 1891 and the first six months of
1892 the total production of pig iron was 9,710,819 tons, as against
9,202,703 tons in the year 1890, which was the largest annual production
ever attained. For the same twelve months of 1891-92 the production of
Bessemer ingots was 3,878,581 tons, an increase of 189,710 gross tons over
the previously unprecedented yearly production of 3,688,871 gross tons in
1890. The production of Bessemer steel rails for the first six months of
1892 was 772,436 gross tons, as against 702,080 gross tons during the last
six months of the year 1891.
Public-domain text, read in full here on John Shaqi.
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