Read The Sale of the Century: British North American Sailing Ships, the Liverpool Market and Vessel Prices in 1854*

The Sale of the Century: British North American Sailing Ships, the Liverpool Market and Vessel Prices in 1854*

Lewis R. Fischer

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Description:Introduction In November 1854 a broadsheet circulated to Liverpool shipbrokers announced a major auction of sailing vessels for 7-8 December in the Cotton Sale Room of the Exchange Buildings near the Albert Dock. Organized by two leading shipbroking firms — Tonge, Curry and Co. and Cunard, Munn and Co. — the sale was to be held for the benefit of the estate of a recently-deceased man named Edward Oliver. Oliver was an interesting, if somewhat elusive, individual who had spent about a decade in Saint John, NB, operating as a timber merchant and a sponsor of shipbuilding activities. Returning to Britain in 1848, he established a shipowning/shipbroking firm in Liverpool, the English port with the strongest ties to British North America. While we know little about his broking activities in Britain, we know a bit more about his shipowning. This is because at his death in October 1854 he owned shares in seventy-nine sailing vessels of 46,897 gross tons carrying capacity (these are listed in appendix 1). While this was a significant number of vessels, in one way it reflected a fairly typical strategy for shipbrokers. As I have shown elsewhere, a real attraction of shipbroking was the very low barrier to entry. While it did not take much capital to become a member of the profession, once established a broker could use his connections to invest in vessels, an activity which, if somewhat more risky than broking, generally promised much higher rates of return on capital.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The Sale of the Century: British North American Sailing Ships, the Liverpool Market and Vessel Prices in 1854*. To get started finding The Sale of the Century: British North American Sailing Ships, the Liverpool Market and Vessel Prices in 1854*, you are right to find our website which has a comprehensive collection of manuals listed.
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Pages: 12

Format: PDF, EPUB & Kindle Edition

Publisher: Source: Merseyside Maritime Museum, Maritime Record Centre, DX 706

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ISBN

Description: Introduction In November 1854 a broadsheet circulated to Liverpool shipbrokers announced a major auction of sailing vessels for 7-8 December in the Cotton Sale Room of the Exchange Buildings near the Albert Dock. Organized by two leading shipbroking firms — Tonge, Curry and Co. and Cunard, Munn and Co. — the sale was to be held for the benefit of the estate of a recently-deceased man named Edward Oliver. Oliver was an interesting, if somewhat elusive, individual who had spent about a decade in Saint John, NB, operating as a timber merchant and a sponsor of shipbuilding activities. Returning to Britain in 1848, he established a shipowning/shipbroking firm in Liverpool, the English port with the strongest ties to British North America. While we know little about his broking activities in Britain, we know a bit more about his shipowning. This is because at his death in October 1854 he owned shares in seventy-nine sailing vessels of 46,897 gross tons carrying capacity (these are listed in appendix 1). While this was a significant number of vessels, in one way it reflected a fairly typical strategy for shipbrokers. As I have shown elsewhere, a real attraction of shipbroking was the very low barrier to entry. While it did not take much capital to become a member of the profession, once established a broker could use his connections to invest in vessels, an activity which, if somewhat more risky than broking, generally promised much higher rates of return on capital.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The Sale of the Century: British North American Sailing Ships, the Liverpool Market and Vessel Prices in 1854*. To get started finding The Sale of the Century: British North American Sailing Ships, the Liverpool Market and Vessel Prices in 1854*, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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The Sale of the Century: British North American Sailing Ships, the Liverpool Market and Vessel Prices in 1854*

The Sale of the Century: British North American Sailing Ships, the Liverpool Market and Vessel Prices in 1854*

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