Journal - Franklin Institute of the State of Pennsylvania (1826)
Franklin Institute, Philadelphia, Franklin Institute (Philadelphia, Pa.) · [Philadelphia : Franklin Institute] · leaf 35
0001,148,0001,722,000596,500 596,5001,193,0001,789,500609,500 609,5001,219,0001,828,500 Vol. 192, No. 1147—3 26 Charles E. Lucre. [J. F. I. subtracted from the gross freight earnings to get yearly returnson the capital invested. The returns so found may be distributed into various sinkingfund… … 30 20 10 0 10 20 30Days at Sea per Single Voyage. Gross Freight Earnings per Year in Dollars. two types of ships, this distribution of yearly capital returns neednot be made, it is quite sufficient to determine the amounts, andthis can be done without obscuring the issue with theoriesof accounting.…
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