These products were delivered to port towns such as Boston and Salem in Massachusetts, New Haven in Connecticut, and Newport and Providence in Rhode Island. Merchants then exported them to the West Indies, where they were traded for molasses, sugar, gold coins, and bills of exchange (credit slips). They carried the West Indian products to New England factories, where the raw sugar was turned into granulated sugar and the molasses distilled into rum. The gold and credit slips were sent to England where they were exchanged for manufactures, which were shipped back to the colonies and sold along with the sugar and rum to farmers.