The Brass Industry in Connecticut; a Study of the Origin And the Development of the Brass Industry in the Naugatuck Valley
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In 1842 a consignment of Jerome's clocks was sent to England, which was the beginning of a large and very profitable trade. f The possibility of large profits attracted other makers and the manufacture increased notably. By 1840 a yearly output valued at nearly $1,000,- 000 was reached. Then competition lowered prices to a disastrous extent. In 1855 Jerome's own company failed and others also. Production decreased for a time, until the panic of 1857 finally cleared the field and the business be...- came established on a permanent basis.
Jerome's invention in 1837 increased greatly and suddenly the demand for sheet brass, and it came at just the time when the brass mills were in a position to meet this demand.
Another household industry which had a notable develop- ment, and which also was later in close connection with the *"Hist. Clock Business", Jerome, pp. 60-64.
tJerome, "Hist.", pp. 60-64. "Hist. Amer. Mfrs.", Bishop, Vol. II, p. 427. Clocks of an invoice value of $1.50 paid twenty per cent duty and sold freely in England for twenty dollars each.
What to read after The Brass Industry in Connecticut; a Study of the Origin And the Development of the Brass Industry in the Naugatuck Valley?
You can find similar books in the "Read Also" column, or choose other free books by Lathrop, William Gilbert, 1865-1948 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
In 1842 a consignment of Jerome's clocks was sent to England, which was the beginning of a large and very profitable trade. f The possibility of large profits attracted other makers and the manufacture increased notably. By 1840 a yearly output valued at nearly $1,000,- 000 was reached. Then competition lowered prices to a disastrous extent. In 1855 Jerome's own company failed and others also. Production decreased for a time, until the panic of 1857 finally cleared the field and the business be...- came established on a permanent basis.
Jerome's invention in 1837 increased greatly and suddenly the demand for sheet brass, and it came at just the time when the brass mills were in a position to meet this demand.
Another household industry which had a notable develop- ment, and which also was later in close connection with the *"Hist. Clock Business", Jerome, pp. 60-64.
tJerome, "Hist.", pp. 60-64. "Hist. Amer. Mfrs.", Bishop, Vol. II, p. 427. Clocks of an invoice value of $1.50 paid twenty per cent duty and sold freely in England for twenty dollars each.
What to read after The Brass Industry in Connecticut; a Study of the Origin And the Development of the Brass Industry in the Naugatuck Valley?
You can find similar books in the "Read Also" column, or choose other free books by Lathrop, William Gilbert, 1865-1948 to read onlineMoreLess
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