| 51
+=============+============
| |
(_b_) Cost (transportation on Italian | |
hats to New York included): | | _Per dozen_
Total manufacturing cost | 12.74 | $5.98
Transportation to New York--Inland | |
freight, ocean freight, marine | |
insurance, consular fee | | 1.10
+-------------+------------
Cost, including transportation to | |
New York for Italian hats | 12.74 | 7.08
Difference | | 5.66
Foreign valuation[3] | | 6.42
| |
Ad valorem duty necessary to equalize | |
on basis of-- | | _Per cent_
Foreign valuation | | 88
-------------------------------------------+-------------+------------
[1: Average costs of 15 domestic hats selling to jobbers at $10.55 to
$15.52.]
[2: Average cost of 15 Italian hats whose imported cost plus duty
ranged from $8.51 to $13.10.]
[3: Average of wholesale selling prices reported by foreign
manufacturers.]
[4: Average of wholesale selling prices to jobbers reported by domestic
manufacturers.]
TABLE 9.--_Rates of duty necessary to equalize differences in costs
of production of men's sewed straw hats in the United States and in
England_
-------------------------------------------+-------------+------------
Item | Domestic[1] | English[2]
-------------------------------------------+-------------+------------
(_a_) Cost (transportation not included): | _Per dozen_ | _Per dozen_
Material cost | $8.34 | $5.47
Labor | 5.85 | 1.84
Overhead | 1.87 | 2.01
+-------------+------------
Total manufacturing cost | 16.06 | 9.32
+=============+==
|