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The Pamphlet Collection of Sir Robert Stout: Volume 2

Estimate of Cost of Two Furnaces, 50 Feet High, 16 Feet Boshes, 6 Feet Hearths

Estimate of Cost of Two Furnaces, 50 Feet High, 16 Feet Boshes, 6 Feet Hearths.

Foundation of furnaces £700
Stack, flues, and boiler-seats 2,300
Engine-house and foundations 700
Hoist-well and hoist 400
Stoves, brickwork, and castings 2,700
Furnaces and lining, with gas apparatus 8,000
Two blowing engines 3,000
Ten boilers 2,000
Cast-houses, roofs, &c. 1,800
£21,600
Estimate of cost of producing 360 tons of iron per week, or say 18,000 tons per annum, which two furnaces 50 feet high will make:—
Ore, 45,000 tons, @ 20s. £45,000
Coke, 25,000 tons, @ 30s. 37,500
Shale, 7,500 tons, @ 5s. 1,875
Coal, 3,000 tons, @ 10s. 1,500
Labour, 18,000 tons, @ 8s. 7,200
Rates and taxes. 200
Manager and clerks. 800
Interest on £50,000. 2,500
Depreciation on £20,000. 2,000
£98,575page 36
18,000 tons iron, @ £9 £162,000
Cost of producing same, as above 98,575
Balance of profit £63,425