Journal - Franklin Institute of the State of Pennsylvania (1826)
Franklin Institute, Philadelphia, Franklin Institute (Philadelphia, Pa.) · [Philadelphia : Franklin Institute] · leaf 41
r $2and C for $3 freight rates per 1000 ton-miles, each for fuel oilprices from $1 to $5 per bbl. These per cent, returns on the 32 Charles E. Lucke. [J. F. I. investment are plotted in three curves, Figs. 5, 6 and 7, for thethree freight rates. It will be noted from the curves that in all cases… … 60 50 40 30 20 10 0 10 10 10Days at Sea per Single Voyage 40 50 60 Annual Return on Investment with Freight Rate of $2.00 per 1000 Ton-Miles. nearly straight lines and more or less parallel, a condition thatindicates a competitive condition for short voyages. As voyagelength increases, however, the…
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