Cotton Bagging and Ties; Letter from the Secretary of Commerce

Cotton Bagging and Ties; Letter from the Secretary of Commerce : Transmitting in Response to a Senate Resolution of July 18, 1913, a Report of an Investigation Into the Advance in Price of Bagging Used in Baling Cotton: Also Into the

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1913 edition. Excerpt: ...quotation on June 30 for the month of July, 101; cents at the coast and on July 8 made an arbitrary advance of one-half cent a ard, making the price 11 cents for July, and August 1111; cents, which is as far as e has progressed. You understand that the above are the prices at the coast, an from these there is the usual commission of one-fourth cent 6!' yard to the buyer, in addition to any brokerage or commission that may be pai to an intermediary. You further understand that a very large proportion of bagging is sold by contract at the opening price, and the only advances applicable thereto are the one-sixteenth cent per yard per month carrying charges. The arbitrary advances made during the present season, and usuall, are to curtail speculation. They are of no advantage to us, but to those who have liought early. Comparative manufacturing costs in Ludlow and Calcutta mills.--The Ludlow Manufacturing Associates give the cost of manufacturing their first-rade 2-pound ba ging as follows, together with a contrasting cost t at they state to he the present cost of similar bagging in India: Cents per linear yard. Items. Ludlow. Calcutta. Cents. Cents. Labor cost....'.................................................................. 1. 118 0.191 Supplies and machinery renewal................................................. 366. 297 Administration...'............................................................... 218. 209 Plant charges.................................................................. _. 640.538 Total...................................................., ..., ............... 2. 342 1.235 They state that this roves a difference in favor of Calcutta of 1.107 cents a linear yar, while on this 45-inch bagging...show more

Product details

  • Paperback
  • 189 x 246 x 2mm | 77g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236807189
  • 9781236807182