$547 in 1890, or 41.71 per
cent.

The new industrial plants established since October 6, 1890, and up
to October 22, 1892, as partially reported in the American Economist,
number 345, and the extension of existing plants 108; the new capital
invested amounts to $40,449,050, and the number of additional employees
to 37,285.

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
$31,315,130.68 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