Boston a Commercial Metropolis in 1850
Boston a Commercial Metropolis in 1850
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But the arti- cles thus atlected do not constitute one-half of the manufactures of the State, and the residue are still progessive. The manufjicture of leather, boots and shoes, is particularly prosperous, and is now rated at twenty-five millions. * Mouslin delain, carpets and sliawls are made on a large scale, and woolens have increased to at least fourteen millions.
Ihe ca])ital embarked by Boston, however, in all manufactures is much less than her investments in railways. It is now computed ...not to exceed forty millions, jilanted principally out of the city. Her capital devoted to commerce, iiieluding her investment in banks and insurance companies, is at least fifty millions of dollars.
^ Her investments in State and city loans may be set at $15, 000, 000; iu New York mortgages (a favorite investment) §4, 000, 000.
* Iliilos, skins and l. 'aUier nro now imported into Boston, in large qiiamtities, from i'/m-^n/irf and f ranci, and nearly all parts of thu world, to bu manufactured inlo boots and shoes.
What to read after Boston a Commercial Metropolis in 1850?
You can find similar books in the "Read Also" column, or choose other free books by Elias Hasket Derby to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
But the arti- cles thus atlected do not constitute one-half of the manufactures of the State, and the residue are still progessive. The manufjicture of leather, boots and shoes, is particularly prosperous, and is now rated at twenty-five millions. * Mouslin delain, carpets and sliawls are made on a large scale, and woolens have increased to at least fourteen millions.
Ihe ca])ital embarked by Boston, however, in all manufactures is much less than her investments in railways. It is now computed ...not to exceed forty millions, jilanted principally out of the city. Her capital devoted to commerce, iiieluding her investment in banks and insurance companies, is at least fifty millions of dollars.
^ Her investments in State and city loans may be set at $15, 000, 000; iu New York mortgages (a favorite investment) §4, 000, 000.
* Iliilos, skins and l. 'aUier nro now imported into Boston, in large qiiamtities, from i'/m-^n/irf and f ranci, and nearly all parts of thu world, to bu manufactured inlo boots and shoes.
What to read after Boston a Commercial Metropolis in 1850?
You can find similar books in the "Read Also" column, or choose other free books by Elias Hasket Derby to read onlineMoreLess
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