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J Experts in This Country and Abroad this service. Merchants of Richmond, Va., have organized the Richmond-New York Steamship Co:;, lanning to use some of the Lake type of vessels. While overseas activities continue to incite ship- ping people to Incorporating new maritime ventures, the coastwise business has been extremely confusing. The Mallory line was forced to suspend services at Galveston owing to the longshoremen's strike, but resumed its sailings to that port the latter part of July. This same line, however, ceased its services to Mobile because the freights offered and the rates that could be charged were not. adequate to cover the cost of doing business. The congestion at Havana continues, at one time as many as 65 ships being delayed there. One of the Ward liners was delayed in Havana for 22 days. The passenger steamer GOVERNOR Cozs, has been sold by the Eastern Steamship Co. to the Peninsular & Occidental Steamship Co., and will be operated between gulf ports and Cuba. The Guif export & Trausportation Co. has moved its offices from Beau- mont to Houston, Tex. The New England Maritime Corp. has changed its name to the North Atlantic & Western Steamship Co., Boston. The Southern Pa- cific Co. was refused permission by the interstate commerce commission to establish a "roving" service in the coastwise trade. German steamship interests are ap- parently optimistic over the arrange- Foreign ments made with the Harriman Shiv F; group and the U. 3.) Mai line ip tirms for the re-establishment of the old Active German steamship routes. They point to these agreements as the first step toward restoring foreign con- fidence and mutual trade relations. In accordance with the peace terms, Germany thas surrendered approximately 400 ships to the allies. A movement 8 now on foot to re-establish the German shipbuild- ing industry, obtaining shipbuilding material in the United States. In view of this more favorable out- look for Ger- man_ shipping, the Hamburg- American and the North Ger- man Lloyd have Exhibit War Prizes QO' AUG. 9 one of the. final chapters of America's part in the world war was written at New York when five surrendered German warships anchored in the Hudson river, They were the dreadnaught © OsrrrIEsLaNnp, the Cruiser FRANKFortT, and three de- Stroyers, V-43, G-102 and S-132. The last four surrendered at the time of the armistice and were sunk later by their crews at Scapa Flow. The OsrrrirsLanp was bad- | ly damaged in the battle of Jut- land, The ships will be exhibited | im this country and must be de- Stroyed within 12 months. All ex- Sept the dreadnaught are in bad Condition, being towed across the Atlantic, The battleship carried steam. : Sen renewed their agreement not to engage in competitive un- dertakitigs, an agreement such as they had prior to the war. It is also said that the North German Lloyd, the Hansa, the Argo and the Neptune com- panies plan to form a big ship- ping trust to exclude foreign capital' This 485 RATES DECLINE Pacific Quotations Are Easier as Less Freight Seeks Vessel Space--Boston Trade Holds Up trust is in line with Germany's new industrial policy. Furthermore reports state that the Woermann line, the Deutsche Ost Afrika line, the Hamburg-Amer- ican line, the Amerika line, and the Hamburg-Bremen line, intend to resume their services to West and Southwest Africa. These German plans are in marked contrast to the conditions in England. The English steamship own- ers are so concerned over the falling rates that they -- are beginning to cancel shipbuilding contracts which have already been let. The one development of im- portance during the month was the merger of the Canadian Steamship Lines, Ltd., with the $500,000,000 British Steel Corp. The Royal Mail Steam Packet Co. will soon receive some new passenger steamers for its South American service, and will have con- structed some steamers for the frozen meat trade. The Canadian Pacific Ocean Services proposes to establish a service from Montreal to Danzig. France, it is now expected, will obtain the German steamers seized by -Brazil during the war. The French Compagnie Generale Transatlantique has ar- ranged to start a monthly line from Hamburg to the western coast of South America, via the Panama canal, and also a line from Haniburg to Cuba and Mexico. This line has also advertised a service from Baltimore to French ports for general cargo. The Holland-America line will establish the Rotterdam- South America service which will call at Buenos Aires and other South American ports. In associa- tion with the Royal Packet Co., the Holland-America line will .establish a freight service between the Netherlands and San Francisco and other Pacific ports, via the Panama canal. : The peak of the passenger traffic to Europe has been reached. For the Passenger next six weeks, the first and second class bookings show a decrease, but Trafhe are expected to pick up again in the Falls Off autumn. The transatlantic confer- ence has decided to increase the third- class rates owing to the unprecedented demand. . Hereafter, the minimum third-class rates from New York to Harve will be $85, to Hamburg. $120, and to Danzig $135. ~The West Indies market has -been active and shows signs of continuing. The big demand has been for space for miscellaneous merchandise from foodstuffs to structural steel. The shipping board is planning to use some of the lake-built vessels to bring grain from the Great Lakes region to seaboard thereby removing the strain on rail transportation from the lower lake ports to seaboard. _ Since the British companies have restricted their insurance activities, the movement to broaden the