In Table 8 are shown the costs of domestic and Italian men's sewed straw
hats, irrespective of the type of braid used in their manufacture. In
Table 9 are shown similar cost data for domestic and English hats. In
both tables costs are shown with and without transportation charges on
foreign hats, and ad valorem rates of duty necessary to equalize
differences in foreign and domestic costs have been computed.
TABLE 8.--_Rates of duty necessary to equalize differences in costs of
production of men's sewed straw hats in the United States and in Italy,
the principal competing country_
-------------------------------------------+-------------+------------
Item | Domestic[1] | Italian[2]
-------------------------------------------+-------------+------------
(_a_) Cost (transportation not included): | _Per dozen_ | _Per dozen_
Material cost | $6.44 | $4.35
Labor | 4.60 | .87
Overhead | 1.70 | .76
+-------------+------------
Total manufacturing cost | 12.74 | 5.98
+=============+============
Difference | | 6.76
Foreign valuation[3] | | 6.42
American selling price[4] | 13.28 |
| |
Ad valorem duty necessary to equalize | |
on basis of-- | | _Per cent_
Foreign valuation | | 105
American selling price | | 51
+=============+============
| |
(_b_) Cost (transportation on Italian | |
hats to New York included): | | _Per dozen_
Total manufacturing cost | 12.74 | $5.98
Transportation to New York--Inland | |
freight, ocean freight, marine | |
insurance, consular fee | | 1.10
+-------------+------------
Cost, including transportation to | |
New York for Italian hats | 12.74 | 7.08
Difference | | 5.66
Foreign valuation[3] | | 6.42
| |
Ad valorem duty necessary to equalize | |
on basis of-- | | _Per cent_
Foreign valuation | | 88
-------------------------------------------+-------------+------------
[1: Average costs of 15 domestic hats selling to jobbers at $10.55 to
$15.52.]
[2: Average cost of 15 Italian hats whose imported cost plus duty
ranged from $8.51 to $13.10.]
[3: Average of wholesale selling prices reported by foreign
manufacturers.]
[4: Average of wholesale selling prices to jobbers reported by domestic
manufacturers.]
TABLE 9.--_Rates of duty necessary to equalize differences in costs
of production of men's sewed straw hats in the United States and in
England_
-------------------------------------------+-------------+------------
Item | Domestic[1] | English[2]
-------------------------------------------+-------------+------------
(_a_) Cost (transportation not included): | _Per dozen_ | _Per dozen_
Material cost | $8.34 | $5.47
Labor | 5.85 | 1.84
Overhead | 1.87 | 2.01
+-------------+------------
Total manufacturing cost | 16.06 | 9.32
+=============+============
Difference | | 6.74
Foreign valuation[3] | | 9.73
Ad valorem duty necessary to equalize | |
on basis of-- | | _Per cent_
Foreign valuation | | 69
+=============+============
(_b_) Cost (transportation on English hats | |
to New York included): | | _Per dozen_
Total manufacturing cost | 16.06 | $9.32
Transportation to New York--Inland | |
freight, ocean freight, marine | |
insurance, consular fee | | 1.35
+-------------+------------
Cost, including transportation to New | |
York for English hats | 16.06 | 10.67
Difference | | 5.39
Foreign valuation[3] | | 9.73
| |
Ad valorem duty necessary to equalize | |
on basis of-- | | _Per cent_
Foreign valuation | | 55
-------------------------------------------+-------------+------------
[1: Average costs of eight domestic hats selling to jobbers at $16.74
to $22.50.]
[2: Average costs of eight English hats whose landed costs duty paid
ranged from $15.64 to $18.60.]
[3: Average of selling prices reported by foreign manufacturers.]