Investment, an exact science

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Monograph

Identifikator:: 865521182

URN:: urn:nbn:de:zbw-retromon-48767

Document type:: Monograph

Author:: Lowenfeld, Henry

Title:: Investment, an exact science

Place of publication:: London

Publisher:: The Financial Review of Reviews

Year of publication:: 1906

Scope:: 1 Online-Ressource (X, 160 Seiten)

Collection:: Economics Books

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The Use of Ships 191 How the cargoes of tramps and liners differ. During the next year pur steamer may call at entirely different ports and handle entirely different cargoes, such as ores, coal, china clay, nitrate of soda, hemp, rice, and corn. Notice that these are all bulky raw commodities of low value in proportion to their weight. Hence they are likely to be shipped in great quantities, and a ship can often get a cargo composed of only a single product. The liner, unlike the tramp, carries small quantities of a great variety of goods, besides passengers and mail. These are often manufactured goods, which are usually boxed for shipping and are of high value for their weight. They are collected from many different points and have many destinations. The principal routes for liners are between the chief ports of western Europe and (1) the northeast- ern ports of the United States, especially New York, (2) Buenos Aires and Rio de Janeiro, and (3) Asiatic ports and Australia via Suez. Less frequented liner routes run from (4) the Pacific ports of the United States to Japan and China, and (5) the eastern United States to east- ern South America (Fig. 117). Manufacturing countries, like England and Germany, need liners to carry away their finished products, and tramps to bring them food and raw materials. New countries, like Argentina, Australia, and South Africa, whose products are chiefly raw materials, need liners to bring them a variety of manufactured goods, and tramps to take away their exportc tie RR tt iit Sanadian National Ratlways Fic. 136. At the lake ports the grain ships are loaded from the grain elevators by means of pipes through which the grain runs directlv into the hold of the ship.

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