Annual report on the statistics of manufactures .. . , 42,735 43,803 The change from the private firm to the corporate form ofbusiness management, reflected in the tendency which we havenoted from year to year, carried the percentage of stockholdersfrom in 1892 to in 1893. The percentage ofpartners exhibited a corresponding decline from in 1892to in 1893. Expressed in figures, the total number ofstockho^lers in 1892 was 37,064, rising to 38,284 in 1893;while the total number of partners in 1892 was 5,671, declin-ing to 5,519 in 1893. It should be borne in


Annual report on the statistics of manufactures .. . , 42,735 43,803 The change from the private firm to the corporate form ofbusiness management, reflected in the tendency which we havenoted from year to year, carried the percentage of stockholdersfrom in 1892 to in 1893. The percentage ofpartners exhibited a corresponding decline from in 1892to in 1893. Expressed in figures, the total number ofstockho^lers in 1892 was 37,064, rising to 38,284 in 1893;while the total number of partners in 1892 was 5,671, declin-ing to 5,519 in 1893. It should be borne in mind that thesestockholders and partners were engaged in managing identicalestablishments in each of the years named; that is, the changeswhich have been noted, took place in 1893 within the samegroup of establishments. The final analysis table relating to the subject of partnersand stockholders exhibits the efiect of the chano-e from theprivate firm to the corporation upon the number of partners inthe aggregate and in the average : Private firms, Partners, Average number of partners to a private firm, . Corporations, . ? Stockholders Average number of stockholders to a corporation, 87238, The average number of partners to a private firm was 1892 and in 1893, while the average number of stock-holders to a corporation was in 1892 and in1893; so that although the number of corporations increased 284 STATISTICS OF MANUFACTURES. [Pub. Doc. from 820 to 872, and the number of private firms declined from3,534 to 3,478, the average number of partners to a privatefirm remained practically the same in each year, while the slightvariation of per cent is shown in the average number ofstockholders to a corporation. The returns relating to private firms, corporations, partners,and stockholders for 1893 are condensed into the following;summary: The returns represent 4,397 establishments foundin 75 difierent industries. The establishments a


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Keywords: ., bookcentury1800, bookdecade1880, booksubjectindustr, bookyear1887