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History of merchant shipping and ancient commerce, Volume 2 (of 4)

Note 400 — Chapter XIII

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The rates of freight paid to the last vessels chartered by the Company in 1832-1833 ranged from 12l. 15s. to 14l. per ton to and from China, and only 7l. 12s. to 9l. 15s. to and from Bombay (Hardy, pp. 20-22); and although these rates were double what can now be obtained, they were unremunerative, considering the cost of construction of these vessels, their small capacity in proportion to their registered tonnage, and their large current expenses.

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