Coal Newcastle facts
While investigating facts about Coal Newcastle Price and Coal Newcastle Index, I found out little known, but curios details like:
Boston businessman and eccentric Timothy Dexter was tricked into shipping coal to Newcastle, England, then the largest exporter of coal in the world. The ship arrived in port during a miner's strike, selling the coal at a premium and making Dexter a good profit.
how would the coal from newcastle be taken to a factory in stoke?
Timothy Dexter, an american businessman in the 1800's, managed to build a fortune by embarking on ridicoulous business ventures, such as shipping coal to Newcastle, one of the foremost coal-exporting cities in Britain, which only succeded due to local workes having gone on strike.
What is newcastle coal index?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what is newcastle coal price. Here are 6 of the best facts about Coal Newcastle Chart and Coal Newcastle Price Chart I managed to collect.
what is newcastle coal?
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Some of their locations were in coal mines in Warwickshire and near Newcastle upon Tyne and in tin and copper mines in Cornwall.
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About Timothy Dexter, a simpleton who by the most incredible strokes of luck became one of the wealthiest businessman of Colonial America. Repeatedly duped by pranksters, he nevertheless made an accidental fortune shipping mittens to Polynesia, coal to Newcastle and cats to the Caribbean.
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"ship coal to Newcastle" is a British idiom meaning to do a pointless action because Newcastle produces so much coal. Timoth Dexter shipped coal to Newcastle and made a huge profit.
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The inspiration for the phrase "coals to Newcastle" was an ancient Greek phrase literally meaning "owls to Athens".