The Iron Ore Trust
The Iron Ore Trust
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In our eReader you can find the full English version of the book. Read The Iron Ore Trust Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Iron Ore Trust
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58 1893 683, 056 1, 242, 797 1. 82 1894 218, 550 388, 720 1-79 1895 262, 205 379, 682 ' 1. 45 1896 776, 283 I, 220, 6l2 1. 57 1897 543, 241 778, 084 1. 43 1898 352, 455 470, 089 1-33 1899 269, 113 403, 298 1. 50 Total 6, 221, 602 $12, 321, 616 $1. 98 The high price for ore in 1899 will probably result in the impor- tation of millions of tons of ore next year. Thus the Iron Age of November 30 says, that "Pilling & Crane, of Philadelphia, have, during the past week, sold for spring delivery betwe...en 175, 000 and 200, 000 tons of Newfoundland ore to nine different concerns in Eastern Pennsylvania. " But, whatever the price of this imported ore in the open market, our consumers must pay 40 cents a ton duty in addition to that price. This reduces by 40 cents the force of the competition which the trust ought to be obliged to meet and there- fore enables the trust to extort 40 cents a ton more for its ore than it could extort if it were not for the tariff. But little ore is now brought across Lake Superior from the Canadian side.
What to read after The Iron Ore Trust?
You can find similar books in the "Read Also" column, or choose other free books by Hall Bolton to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
58 1893 683, 056 1, 242, 797 1. 82 1894 218, 550 388, 720 1-79 1895 262, 205 379, 682 ' 1. 45 1896 776, 283 I, 220, 6l2 1. 57 1897 543, 241 778, 084 1. 43 1898 352, 455 470, 089 1-33 1899 269, 113 403, 298 1. 50 Total 6, 221, 602 $12, 321, 616 $1. 98 The high price for ore in 1899 will probably result in the impor- tation of millions of tons of ore next year. Thus the Iron Age of November 30 says, that "Pilling & Crane, of Philadelphia, have, during the past week, sold for spring delivery betwe...en 175, 000 and 200, 000 tons of Newfoundland ore to nine different concerns in Eastern Pennsylvania. " But, whatever the price of this imported ore in the open market, our consumers must pay 40 cents a ton duty in addition to that price. This reduces by 40 cents the force of the competition which the trust ought to be obliged to meet and there- fore enables the trust to extort 40 cents a ton more for its ore than it could extort if it were not for the tariff. But little ore is now brought across Lake Superior from the Canadian side.
What to read after The Iron Ore Trust?
You can find similar books in the "Read Also" column, or choose other free books by Hall Bolton to read onlineMoreLess
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