317
Sketch of the Economy of a Cotton IVIill, with 68 MuleJeanies, containing 30,000 Spindles, and every other Article, onthe most Improved Plan ; the whole driven by a Steam-engineof 20 -horse power.
To Raw Wool, 3471 lib. per week, or 180,192 lib.per year, at 2s.
To Wages, of foreman, spinning-master, cardir.g-master, picking-master, and their assistants, of 51spinners, 102piecers, 58 pickers and atter.ders onthe fanning apparatus for cleaning the cotton, 46carders, 50 reelers, or winders, stretchers, extrahands, and others, in all about 300, for picking,carding, roving, spinning and reeling, viz. Is. perpound on the neat weight of yarn produced, being2777 lib. (aiifili part of the gross weight of wool,or 691 lib. being allowed for indrink, waste and
loss) .
To Drossfor the engine, 14tons, at5s. L.5 10 0To Wages of an engine man . .10 0
To Utensils, 12£ per cent, on 1600/., be-ing the cost of tire engine, &c. for tearand wear, upholding grease, oil, hemp,iron, brass, boilers, engine-house, &c. 3 16 11
To Interest, 5 per cent, on 1600/. paidfor the engine - . . . 1 10 9
N. B. This is about 10s. per week for
each horse power, or for 20 . —
To Utensils, ibr average of 10 per cent, on 25,000/.being the cost of the cotton machinery and build-ing, for work and materials to keep the whole inrepair, light, heat, and insurance against fireTo Incidents, for clerk’s salary, porter’s wages, sta-tionery, postages, &c.
To Interest, 5 per cent, on 25,000/. paid for the milland cotton machinery .....
To ditto -ditto, on 5000/. of floating capitalTo Commission and risk of debts, 5 per cent, onamount of sales, as under ....
Jo Profit and Loss gained, exclusive of interest onsunk stock.. .
Weekly.
Yearly.
L. s. d. L. $. d.347 2 0 18,049 4 0.
138 17 0
9 17 8
48 1 6
119 0
24 0 94 16 2
32 0 3
24 0 10
7,220 4 9
513 18 B
2,500 0 O
595 9 O
1,250 O O250 0 0
1,664 13 0
1,250 O O
Produce about 33s. 3d. per spindle, per annum L.640 5 2
Ky Yarn, weekly produce, 168 millions of yards,or nearly 100 thousand miles—200 thousand hanks
•—11,108 spindles-2,777 lib.-or, annually,
144,404 lib. The value of this, at three farthingsper hank, or 4s. 6d. per lib., which is very low,amounts to ......
Hy Waste, viz. of the 694 lib. allowed above, theremay be one-third, or 231 lib. totally lost by in-drink, sand, seed', &c.—the remaining two-thirdssell for spinning into coarse yarns for calicoes,Counterpanes, candlewicks, &c. at an average ofper lib. . . 15
624 1C 6
8 8
L. 640 5 2
33,293 8 8
32,490 18 O
802 10 8
53,293 8 8