ECCENTRIC OFFICIAL STATISTICS
and eleventh censuses indicates an increase of 69.31 per cent, in production and 120.78 per cent, in the amount of capital invested. The worthlessness of census statistics of capital, and the manner in which a large part of the apparent total increase of product as well as capital is obtained, is shown in the following table compiled from the tables of the eleventh census. Accepting these figures we must conclude that in these five trades there were almost four times as many employes and four times as large a product in 1890 as in 1880, and that five and a half times as much capital was invested, though there had been an increase in the numbers of those reporting themselves as engaged in these occupations (as shown by the tables of occupation) of but 68 per cent.
Year
Average number of employes
Capital
Value of product
Carpentry .
1880
54,138
D 519,541,358
594,152,139
Masonry, brick and stone
I8 9 1880
140,021 16,020
81,542,845 3,990,706
281,195,162 29,586,553
Painting and paper hanging. . . Plumbing and gas fitting
I8 9 1880 I8 9 1880
119,029 17,711 56,281 2,165
54,969,408 5,645,950 23,135,781 5,950,512
204,165,642 22,457,560 72,067,998 18,133,250
1890
' 1880*
5,327
29,235,247
80,905,925
Plastering and stucco work
,1890
10,624
3,309,297
13,460,824
Total
1880
90,034
535,128,520
|I64,329,502
Increase per cent ...
1890
331,282 267
192,192,578
44 c
651,795,551 2Q6
To one acquainted with the manner of letting building con- tracts and conducting the business of these trades the amount of capital reported seems greatly out of proportion to the prod- uct and the number of employe's and amount of wages. One of Chicago's most experienced architects, to whom the table was submitted, declared it absurd, and expressed the opinion that Chicago contractors have not capital invested in their business to the extent of 10 per cent, of the value of the work executed.
'Tabulated in 1880 under head of Masonry, brick and stone.