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Bank of Bank Bank of Bank Total of

of Seven Week England. France. Bank. Hungary.

Banks.

Spain. lands. Belgium. Banks. Ending. 1898. 1897. 1898. 1897. 1898. 1897. 1898. 1897. 1898, 1897. 1898. 1897. 1898. 1897. 1898. 1897.

$
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$ May 12 Gold.... 34.6 36.2 74.5 78.2 28.2 29.7 35.4 32.7 9.8 8.6 2.9 2.6 2.9 2.8 188.3 190.8 Silver.......

48.8 49.0 14.5 15.3 12.5 12.7 5.9 10.4 6.9 6.8 1.5 1.4 90.1 95.6 Total.. 34.6 36.2 123.3 127.2 42.7 45.0 47.9 45.4 15.7 19.0 9.8 9.4

278.4 286.4 May 19-Gold.... 36.1 36.7 74.7 78.6 28.4 30.1 35.2 33.4 9.8 8.6 2.9 2.6 2.8 2.8 189.9 192.8 Silver... ... .... 49.0 49.2 14.7 15.5 12.5 12.6 4.9 10.3 6.9 6.9

89.4 95.9

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Bank

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Bank of Bank Bank of Bank Total Reichs- Austria

Nether

of Seven Week

England. France. bank. Hungary. Spain. lands. Belgium, Banks. Ending. 1898. 1897. 1898. 1897. 1898. 1897. 1898. 1897. 1898. 1897. 1898. 1897. 1898. 1897. 1898. 1897. Oct. 6-Gold.... 31.7 33.2 74.3 79.4 24.4 24.6 35.2 38.0 10.9 9.0 4.3 2.6 2.8 2.8 183.5 189.6 Silver,...

49.5 48.4 12.5 12.8 12.5 12.5 5.3 10.6 6.8 6.8 1.4 1.4 88.0 92.5

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INDUSTRIAL AND PROVIDENT (CO-OPERATIVE) SOCIETIES IN

THE UNITED KINGDOM.

The statement below exhibits the statistics of the Industrial and Provident (Co-operative) Societies in the United Kingdom, registered under the Industrial and Provident Societies Acts, making returns to the Registrars of Friendly Societies :

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Cash received for

goods sold........ 26,598,088 29,295,219 31,226,963 36,005,235 41,497,029 49,596,540 49,132,206
Trade charges....... 626,928

626,928 1,844,004
1,844,004 1,718,515

1,713,515 1,943,713 2,234,101 2,739,788 3,006,651

52,096,664 3,214,078

BRITISH JOINT-STOCK COMPANIES.

1884 TO 1897.

420

The following statement shows the total number and paid-up capital (including amounts con. gidered as paid on venders' shares) of all registered companies having a share capital and believed to be carrying on business at the undermentioned da ces :

Registered in a Registered in-. -Registered in Registered in
London,
Edinburgh,
Dublin. the Stannaries.

Total
Date.
Paid-up

Paid-up

Paid-up
Paid-up

Paid-up April, No. Capital. No. Capital. No. Capital. No. Capital. No. (apital. 1884. 7.549 €496,792,671 728 £36,439,875 375 .£11,517,070 4 £801,678 8,692 £475,551,24 1885. 8,070 441,381,980 805 39,815,670

12,494,637 43 717,569 9,344 494.909,80:1886. 8,124 471.335,095 838 43.544,114 474 14,377,493

3811,982 9,471 529,637,684 1887. 9,049 5:28,271,223 895 46,948, 125 508 15.888.709

400.135 10,494 591,508,69 1888. 9,465 544,071,170 948 50,255,054 516 16,723 172

375,975 11,001 611,431,371 1889, 10,335 603.873.397 1,007 50,387,974 586 17,443,171

35,642 11.968 671,870,181 1890, 11,584 705,283,316 1,102 52,182,679 613 17,207,527 24 386,031 13,323 775,139,503 1891. 13.011 813,112,664 1,192 58,545,874 649 19,511,587

333.07 14.873 891.504.112 1892. 14,180 904,839,777 1.279 62,118,501

696
24.019,377

305,979 16,173 989,283,634 893. 15,417 921,82,866 1.382 65,687,129

22,406,574

192,781 17,555 1,013,118,350 1894. 16,094 942,563,455 1,481 68,068,555 776 24,272,116 10 123,709 18.361 1,035,029,835 1895. 16,976 962,017, 170 1,619 75,113,251 823 25,479,541 12 123,859 19,430 1.062,733,821 1896. 18,514 1,035, 442,852 1,804 82,508,882 895 27,342,368 10 ine' 491 21.223 1.145.462 993 1897. 20,710 1,160,142,610 2,032 93,393,989 976 31,396,497 10 108,925 23,728 1,285,042,021

18

THE COTTON INDUSTRY.

General Summary.

The following table shows the growth of the cotton industry, as returned by the severa) censuses:

No. of
Estab-

Average No. of Emm Cost of
lish-

ployés, and Total Wages. Material Value of Year. ments. Capital. Employés. Wages.

Used.

Producte. 1850... 1,094 $74,500,931 92,286

$34,835,056 $61,869.184 1860.

1,091 98,585,289 122, 128 $23,940,108 57,285,531 115.681.774 1870.

140,708,291 133,369 39.014.132 111,736,936 17.489,739 IRO.

208,280,316 #174,659 42,040,590 102,206,317 . 192,090,110 905 354,020,843 221,585 69,489,272 154,912,979 267,981, 724

1890...

NOTE.--In addition to the figures contained in the above table, there were 249 mills classed as special mills," engaged in manufacturing products which are not sold as specific manufactures of cotton. These establishments reported $11,224,448 capital, 12,928 employés, S3,573,919 wages, 32.338.385 cost of cotton consumed, $18,860,273 value of products, and should be considerent in making comparisous.

Spindles and Looms.

The following table shows the number of spindles and looms, the cotton consumed and its value:

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SPINDLES, NORTH AND SOUTH. The number of spindles in the North and South for the years 1890-91 to 1896-97 are shown below

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The Cotton Movement.
ESTIMATED SPINDLES IN EUROPE, THE UNITED STATES, AND INDIA, 1883-1898.

1883......

Year

Europe-
Endins United
Dept. 30). Kingdom. Continent.

42,000,000 22,150,000 1884...... 42.750.000 *22,650,000 1885..

43,100,000 22.750),000 1885.. 42,700,000 22,900,000 1887.... 42,740.000 23,180,000 1888...... 43.000.000 24,385,000 1889.....

43,500,000 24,885,000 1890,... 43,750,000 25,490,000 1891...... 44,750,000 26,031,000 1892...... 15,350,000 26,115,170 1893.. 45,270,000 26,850,000 1891.

45,270,000 27,350,000 1895...... 45,400,000 28,250,000 1QOR. 44.90

29,351) ( 1897... 44,900,000 30,320,000 1898... 14,900,000 31,350,000

Total. 64,150,000 65,400,000 63,750,000 65.600.000 65,92 ) 000 67.385,000 68,333,000 69,210,000 70,785,000 71.755.000 72,120,000 72,620,000 73.650.000 74.250.000 75,220,000 76,250,000

United States

Total
Northern Southern

Europe and
States. States. Total. United States. India.
11,800,000 861),100 12,660.000 77.110,000 1,790,000
12,230,000 1,050,000 13,310.000 78,700,00 2002,00
12,25,000 1,125,000 13,375,000 79,125,000 2,146,000
12,250, 100 1,150,000 13,400,000 79,00 1,000 2,262,000)
12,300,000 1,210,000 13,500,000 79.420,000 2,421,00)
12,300,000 1,250,000 13,550,000 80,935,000 2,489.000
12,700,000 1,350,000 14.069.000 82,39 1,000 2,703,000
12,800,000 1,605,000 14.405,000 83,615,000 3,274,000
12,900,1800) 1,740.000 14,640,000 85,421100 3,362,000
13,250,000 1,950,000 15,200.000 86,955,100) 3,402,000
13,450,000 2,100,000 15,550,000 87.670,000 3,576.000)
13,500,000 2.200.000 15,700.000 88,320,000 3,630,000
13,700,000 2,433,448 16,133,000 89.783,000 3,810,000
13.400,000 3,011.196 16,811,146

3 933.00) 13,900,000 3,456,537 17.356,537 92,576,537 4,000,000 13,000,000 3,670,290 17,570,290 93,820,290 4,066,000

* Includes 2,115 ofhicers and clerks whose salaries were not reported.
* This item was not fully reported in the census of 1850.

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CONSUMPTION OF COTTON, NORTH AND SOUTH.

The following table shows the takings and consumption of cotton by the Northern and Southern mills for a series of years.

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(Compiled from the “Financial Chronicle's" figures.)

Leaving - Taken by Mills

Consumption (Estimated - Stock at North. South. Total. Stock. Supply. North. South. Total. Mills. Years. Bales. Bales. Bales. Bales. Bales. Bales. Bules. Bales. Bales. 1879-80... 1.624,805 179,000 1,803,805 27,274 1,831,079 1,561,000 179,000 1,740,000 91,079 1880-81... 1,686,804 205,000 1,891,804 91.079 1,982,883 1,650,000 205,000 1,855,000 127,883 1881-82... 1,661,206 238.000 1,899,206 127,883 2,027,089 1,728,206 238,000 1,966,206 60,883 18-2-83... 1,772,912 331,000 2,013,912 60.883 2,164,795 1,730,000 331,000 2,061,000 103,795 1-83-84...

1,555,163 334,000 1.889,163 103,795 1,992,958 1,643,517 334,000 1,977,517 15,441 1884 85... 1,419,689 266,000 1,681,689 15,441 1.701,130 1,420,130 286,000 1.686,139 15,000 1885-86.. 1,777,676 340,000 2,117,676 15.000 2.134,676 1,657,676 340,000 1,997,676 135,000 1885-87... 1,679,658 397,929 2,077,587 135,000 2,212,587 1,749,250 397,929 2,147,179 65,408 1887-88... 1,787,121 443,373 2,23 1,494 65,408 2,295,902 1,779,500 443,373 2,222,873 73,029 1888-89... 1,780,486 486,603 2,267,089 73.029 2,340.118 1,829,000 486,603 2,315,603 24,515 189-90... 1,792,850 549,478 2,342,328 24,515 2,366,843 1,800,000 549,478 2,349,478 17,365 1890 9...

2.131.625 65,916 2,637,541 17,365 2,654,906 1.925,090 605,916 2,531,006 123,900 1891 2... 2,212,032 681,471 2,893,503 123,900 3,017, 403 2,025,000 681,471 2,706,471 310,932 1892-93... 1,747,314 733,707 2,481,015 310,93:2 2,791,947 1.950,000 733,701 2,683,701 108,246 1843-94... 1,613,971 7:23,329 2,337,300 108,246 2,445,546 1,675,000 723,329 2,398,329 47,217 1894-95... 2,154,170 853,352 3,007,522 47,217 3,054,739 2,040,000 853,352 2,893,352 161,387 1895-96... 1,670,744 915,810 2,586,554 161,387 2,747,941 1.780,000 915,810 2 695,810 52, 131 1896-97... 1,862,565 1,024,482 2,887,047 52,131 2.939.178 1.835,000 1,024,482 2,859,482 79,696 1897-98... 2,276,079 1,227,939 3,504,018 79,696 3,583,714 1,856,000 1,227,939 3,083,939

499,775

CONSUMPTION, UNITED STATES, EUROPE, THE WORLD. The consumption in bales of 500 pounds each, and not 100 pounds as heretofore, in the United States, Europe, the world, and India, is given below, the total not including India. II(From the “Financial Chronicle" and Ellison & Co.'s "Annual Review.") Europe.

- United States.-Consumption. Great Conti Total

Total Total Bales 500 Lbs. Britain. nent. Europe. North. South. U.S. World. India. 1866-67

2,048,000 1,362,000 3,410,000 597,000 61,000 658,000 4,068,000 1867-68.

1,895,000 1,384,000 3,279,000 715,000 52,000 767,000 4,046,000 1868-69.

1,972,000 1,169,000 3,141,000 772,000 70,000 842.000 3,983,000 1869-70.

2,130,000 1,267,000 3,397,000 730,000 79,000 809.000 4,206,000 1870-71.

2,244.000 1,525,000 3,769,000 807,000 80,000 887,000 4,656,000 1871-72...

2,412,000 1,646,000 4,058,000 888,000 106,000 994,000 5,052,000 Ave. 6 years.. 2,117,000 1,392,000 3,509,000 751,000 75,000 826,000 4,335,000 1872-73..

2,467.000 1,626,000 4,093,000 926,000 122,000 1,048,000 5,141,000 1873-74.

2,502,000 1,651,000 4,153,000 1,039,000 113,000 1.152,000 5,305,000 1874-75....

2,470,000 1.792,000 4,282,000 935,000 127,000 1,062,000 5,324,000 1875-76....

2,541,000 1,9:22,000 4,463,000 1,075,000 127,000 1,202,000 5,665,000 1876-77. 2,546,000 1,902,000 4,448,000 1,134,000 129,000 1,263,000

5,711,000 1877-78.

2,431,000 2,007,000 4,438,000 1,246,000 134,000 1,380,000 5,818,000 Ave. 6 years.. 2,493,000 1,817,000 4,310,000 1,059,000 125,000 1,184,000 5,494,000 1878-79,

2,274,000 2,077,000 4,351,000 1,292,000 135,000 1,427.000 5,778,000 1879-80..

2,680,000 2,200,000 4,880,000 1,423,000 162,000 1,585,000 6,465,000 1880 81...

2,858,000 2,365,000 5,223,000 1,507.000 187,000 1,694,000 6,917.000 297.000 1881-82.

2,912,000 2,558,000 5,470,000 1.545,000 213,000 1,758,000 7,228,000 312,000 1882-83.

2,995,000 2,704,000 5,699,000 1,594,000 306,000 1.900.000 7,599,000 358,000 1883-84..

2,933,000 2,704,000 5,637,000 1,492,000 308,000 1,795,000 7,432,000 416,000

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