Port economics

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Monograph

Identifikator:: 173564191X

URN:: urn:nbn:de:zbw-retromon-111718

Document type:: Monograph

Author:: Cunningham, Brysson http://d-nb.info/gnd/1055472266

Title:: Port economics

Place of publication:: London [usw.]

Publisher:: Pitman

Year of publication:: 1926

Scope:: IX, 134 S

Digitisation:: 2020

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Chapter X. Some typical ports

Collection:: Economics Books

SOME TYPICAL PORTS I The remarkable prominence of the wool trade of London has already been alluded to in Chapter IX. It may be added that as a consequence of the war, owing to the accumulation of large stocks in the Colonies, attempts were made, by holding auction sales in Liverpool, Hull, and elsewhere, to divert the trade from its normal pre-war centre. A certain measure of success attended the step, in that consignments of wool continue to be sent to other ports, but London still contrives to maintain a powerful hold on the importation of wool. The same remarks apply very largely to tea, in the sale of which the London tea auction rooms, with their attendant and preparatory storage, sampling and blending facilities, had practically a monopoly. The explanation is that both wool- and tea-buying are highly specialized businesses, necessitating knowledge of a very superior kind possessed by a relatively few experts, who prefer to concentrate their attention on a market of international character, with merchants and banks conveniently at hand, rather than to diversify the arena of their operations. A curious and interesting feature about port traffic in London is that it is largely water-borne. London is essentially a barge port. Between 80 and go per cent of the goods which come into the docks of London are either passed directly ex-ship overside or reloaded into barges from the quays for transmission to warehouses and storage depots up river. The lighterage industry of the port is not only important but powerful. It has succeeded in maintaining its acquired right of passing in and out of the docks without payment of charges of any kind. This privilege is preserved in the Act of Parliament constituting the present port authority. Apart from this important barge traffic, most of the docks have rail connections with the trunk lines of the country, of which full use is made. The docks are an important feature of the port and provide 705 acres of water area with 30 miles of quayage. They have been constructed at various dates since the i:

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