ABSTRACT

The engineer is called upon to place valuations upon manufacturing property for various purposes, as buying or selling, raising money upon or bonding a property, rental, taxes, insurance, adjustment of losses by fire or accideut, and condemnation where private or corporate property is taken by the State or town for public improvements. The author shall confine his remarks to the valuation of textile manufacturing plants, and property usually connected therewith; but the same principles will hold good in the value of other propert ies, the application being made to suit the peculiar conditions of the business under consideration. Textile manufacturing requires considerable power; the cost of labor is a large part of the value of the product; the labor must be skilled to produce a satisfactory product; and the cost of transportation of raw materials and finished products is considerable.