The Organization of Ocean Commerce

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Published for the University, 1905 - 155 páginas

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Página 11 - Fal.nouth for orders. There he was instructed by signal to proceed to Copenhagen, where the corn was discharged, and the vessel was ready for another contract which the agents had been trying to arrange since the day they learned of the final destination of the corn cargo.
Página i - Department of the Wharton School of Finance and Commerce of the University of Pennsylvania.
Página 10 - Kingdom at a certain rate, saying that she could load after a certain date or between certain dates. As New York freight was dull, the firm in that city telephoned their Boston and Philadelphia agencies. At the same time a Chicago grain exporter decided to export 150,000 bushels of corn, and telegraphed to his agents in New York and Philadelphia to secure offers of transportation, in the shipping exchanges of those cities the representatives of the Chicago exporter and the Liverpool, shipowner bargained...
Página 11 - Newcastle to coal, and departed thence in ballast for the Delaware. Meanwhile the Chicago exporter found that railroad conditions made Norfolk the most convenient port to deliver his corn at the appointed time. When the steamer reached the Delaware Breakwater (just inside Cape Henlopen) the captain received telegraphic instructions to go to Norfolk. There...
Página 30 - The strength of a chain is the strength of its weakest link, the engineers tell us," said Longworth, " and it is the same with evidence.
Página 10 - The first the shipowner declined, as being suitable only for a sailing vessel, and because of news from across the Atlantic he allowed the second to go to a steamer then lying at Antwerp. Three days before this he had cabled to his New York correspondent a description of the steamer, and offering her services to carry grain to the United Kingdom at a certain rate, and saying that she could load after a certain date or between certain dates. As New York freight was dull, the firm in that city telegraphed...
Página 9 - ... of ports in all climes and all continents, from Greenland to New Zealand. Every day scores or even hundreds of these independent vessels are seeking freight to carry. It is a complicated world puzzle to bring together the ships and the freight so that the one may be most profitably employed, and the other most economically carried. The work is done by the...
Página 10 - Offers were, however, made at the same rate by the New York representative of the owner of a ship then off Rio Janeiro with a cargo of Chilean nitrate bound for New York, and also by a Philadelphia broker who sought future employment for a vessel then in the Red Sea with a cargo of Java sugar for Philadelphia. The Liverpool owner was informed of this competition, and still having nothing for his steamer, he cabled that he would charter his ship for threepence (six cents) less per ton, or for the...
Página ii - Acknowledgment is hereby made of the assistance received from the Carnegie Institution of Washington in the collection and preparation, of materials for this volume.
Página 67 - No attempt has been made to give a complete list of the arithmetic texts published during the period.

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