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The Wealth Of America

The Wealth Of America image
Parent Issue
Day
7
Month
March
Year
1884
Copyright
Public Domain
OCR Text

A supplement to BradstreeC s contains tome Inlercsting iníormation, oblained írom advance proofs of the census volumo rchiting to wealth and manufactures, now in press. ín 1880 tho totnl Dumber of tradera in business, or rather of business enterprises, was 70S.328. The commercial hou3es and manufacturino- firnis liad a capital invested of $3 334.533,498; real estáte, $2,811,417,15; total wcaltb, including capital invested, personal proporty and i-oal estale,$7,019,260,812. The capital paid in of incornoiatud manufacturera was % 974, 666 335; real estáte, including lixed machinen-, $457,811.529; total wealth, $1.156.245,U20. Tho grand total of tho wealth of the two classes enumerated is $8.177.505,862. Tho ngoxegate wealth of tho United States January 1. 188). was $43.642,000,000, of which $10,197,C00,000, or nearly ono íourth, is in farms. The valué of household fu rn i turo, painting9, books, clothing, juwelry, household supplfel of food, íuel, etc., is put down at $5,0í)0,000,000. At lirst glanco thU sooms largo, but when it is rcmembered that ibera aro about 10,000.000 fatnilios in iho country, and Ihis would allow nn average of but $500 for each, Uie est malo appears moderato rather tlian excessive. The items which go to mako m) üiu total ars: Euiidaaca and ness real estáte, capital employed in business including water power, $9,880,000,000; railroad a-nd cquipment, $5,536,000,000; livo stock, farniing toóla and machinery, $2,400,000,000; mines and supply of puoduct on hand, $78J,COO.COÓ; average supply of agriculturaand nmnnfacturcd producís on hand, $6.160,000,000; churches, schools, asylums, public buildings of all kinds, and olher real estáte exempt from taxation, $2,000,000,000; specie, $612,000,000; miscollancous items, including tools of mechanics, $650,000,000. Of the agrégate capital, equal to $8.177,505,862, invcslcd in industry and corómerco in 1880, over one-fiith, or $1.822,000.000, was the sharo of Nevr Massaehiisetts was second, with $1.041,000,000; Pcnnsylvaniathird wilh $867,000,000; Oliio fourth, with $595.000.000; Illinois lifth, with $485,000.000. and Michigan sixth, with 5300,000.000, Connocticut being seventh, with $296,000,000, California, Missouri and Maryland following next in order and boing the only otber states with over $200,000.000 cach.

Article

Subjects
Old News
Ann Arbor Democrat