427. The bobbin net trade is, at present, both extensive and increasing; and, as it may, probably, claim a larger portion of public attention at some future time, it will be interesting to describe briefly its actual state.

A lace frame on the most improved principle, at the present day, manufacturing a piece of net two yards wide, when worked night and day, will produce six hundred and twenty racks per week. A rack is two hundred and forty holes; and as in the machine to which we refer, three racks are equal in length to one yard, it will produce 21,493 square yards of bobbin net annually. Three men keep this machine constantly working; and, they were paid (by piece-work) about 25s. each per week, in 1830. Two boys, working only in the day-time, can prepare the bobbins for this machine, and are paid from 2s. to 4s. per week, according to their skill. Forty-six square yards of this net weigh two pounds three ounces; so that each square yard weighs a little more than three-quarters of an ounce.

428. For a condensed and general view of the present state of this trade, we shall avail ourselves of a statement by Mr William Felkin, of Nottingham, dated September, 1831, and entitled Facts and Calculations illustrative of the Present State of the Bobbin Net Trade. It appears to have been collected with care, and contains, in a single sheet of paper, a body of facts of the greatest importance. *

429. The total capital employed in the factories, for preparing the cotton, in those for weaving the bobbin net, and in various processes to which it is subject, is estimated at above L2,000,000, and the number of persons who receive wages, at above two hundred thousand.

Comparison of the value of the raw material imported, with the value of the goods manufactured therefrom

Amount of Sea Island cotton annually used 1,600,000 lbs., value L120,000; this is manufactured into yarn, weighing 1,000,000 lbs., value L500,000.

There is also used 25,000 lbs. of raw silk, which costs
L30,000, and is doubled into 10,000 lbs. thrown, worth L40,000.

Raw Material; Manufacture; Square yards produced; Value per sq. yd.(s. d.); Total value (L)

Cotton 1,600,000; lbs; Power Net; 6,750,000; 1 3; 421,875
Hand ditto; 15,750,000; 1 9; 1,378,125
Fancy ditto; 150,000; 3 6; 26,250
Silk, 25,000 lbs; Silk Goods; 750,000; 1 9; 65,625

23,400,000; 1,891,875