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Trend of Trade Total entrances of cargo ships into British ports: Numiberiot-vessels iis. Saks Tonnage Total clearances from British ports: Number of vessels CC a eee a ee Ce POUNASE ek so eo CM cers hn Riksta reine Tonnage going to Atlantic coast of North America.. Total value of goods: Exported PSIPOLES OC lect cn eb p beet MOS erate shed SS Exports of coal: and Shipping in British Isles September Eleven months ended Nov. 30, 1931 930 October November 4,952 4,7 4,44 50,998 Soro 5,348,231 5,218,284 4,984,437 55,442,779 58,592,236 Bs L22/-525. 983,622 873,137 10,442,078 12,281,065 (23%) (18. 9%) (17.5%) (18.9%) (21%) 4,786 5,11 4,483 50,916 56,323 5,025,821 5,376,872 4,599,036 53,733,884 60,964,341 Rly 862,133 OSE2TY 8,639,848 9,947,525 Gee 2%) (14. 1%) (14. 2%) (16.1%) (16.3%) £33,607,132 £38,109,010 £36,830,264 £415,585,295 £613,830,639 £68,317,926 £80,684,561 £83,231,443 £785,205,986 £955,225,830 3,584,109 3,950,972 3,542,551 39,122,250 50,632,504 £2,942,983 £3,235,656 £2,890,134 £31,720,810 £42,208,794 12153753 1,371,668 1,308,830 13,345,262 14,340,547 sidy from the Greek government. Turning from the shipping to the shipbuilding side, in Britain there is the same melancholy story to tell. During 1930 things were regarded as disastrous when the percentage of unemployment increased from 23 to 45, but in the latest return made in November the average was 60 per cent of all the skilled workmen in the country and 70 on the Clyde and North East Coast which are the dis- tricts most affected. The continental shipbuilders are hit nearly as hard as the British, several having been forced into liquidation while others have decided that there is more profit in shipbreaking and, in one case, in converting the business completely to printing and bookbind- ing. The quarter has been conspicuous for the small number of really note- worthy ships launched or completed. The P. & O. CARTHAGE and CorFu have been finished and put on to the far eastern service, geared turbine ships with a gross tonnage of over 14,000 and a trial speed of 20 knots. On their advent the company is selling the ships of the ‘“K” class which were specially designed for the same serv- ice in and around 1914, ships of 9000 tons gross with a speed of 14% knots with reciprocating engines. Messrs. Harland & Wolff of Belfast launched the White Star liner Gror- cic in November, an exact sister of the BrRITANNIC which is already on the company’s cabin service and which is said to have proved the most success- ful Atlantic liner during the past year. The same firm launched for the Nel- son section of the Kylsant group the motor passenger ship HigHLAND PAT- RIOT, which is an exact sister to the lost HigHiANpD Horr which she re- replaces. The Furness-Withy turbo-electric ship MONARCH oF BERMUDA, designed to run from New York to the Island, has already been very fully described in the American press but it may be men- tioned that her service performances have exceeded all expectations. While she was. receiving her finishing touches her predecessor, the diesel- engined BrrmMupA which was in Bel- fast being refitted after her fire, caught fire once again and this time was de- stroyed hopelessly. The underwriters have paid something like 180 per cent on this ship during the year, the. sec- ond loss on the ridiculously inadequate building risks premium which is likely to be rectified, but the order for a sec- ond MonarcH oF BermMupa which was placed immediately is the only really bright spot in shipbuilding during the quarter. On the continent the most note- worthy ship to take the water is the 20,000-ton motor liner Nepruntra, the first of the two liners which are build- ing for the South American service of the Cosulich line. They are pri- marily passenger ships but will have stowage for about 7200 tons of cargo while the four screws will be coupled directly to diesel engines totaling 20,- 000 horsepower. They will introduce the luxurious cabin class to the South American service and it is hoped that they will be as successful as the Brt- TANNIC and LAFAYETTE have been on- the western ocean. For several years past there has al- ways been some member of the ship- ping industry who finishes up the year with a note of optimism, but each year has shown results worse than the last. This year’s optimist is Mr. W. A. Sou- ter, head of the Sheaf line and presi- dent of the Baltic conference. He ex- pressed the belief that shipping had now turned the corner and despite previous experience this opinion is given added weight by the fact that bis experience of tramp shipping is vast and his judgment is always treat- ed with great respect by his fellow shipowners. Marine Society Dinner The one hundred and sixty-second annual dinner of the Marine Society of the City of New York was held ‘Jan. 11 and was attended by nearly 200 members and guests. the guest table were: Capt. Ralph B. Drisko, the Rev. Dr. Otto H. Mohn, John P. Magill, J. Barstow Smull, Montague Lesgsler, Kermit Roosevelt, J. D. Mooney, Dr. Oswald S. Lowley, D. Gardiner O’Keefe and William Simmons. All officers of the society were re-elected at the annual meeting held during the afternoon in the board room of the Produce Ex- change. Those at 1929 1930 = eat aanee Tiae: 3m + os 3 bE) ss $3 re 3 e 3 dagibeizijasaegiigizijgigigiigizijaiasdilaisigasaaaiigizijads et Buea . Gos ae 50 ey Pale “STATIST” INDEX OF BRITISH SHIPPING FREIGHTS heb a Ng ma tl ee INDEX OF FREIGHTS BETWEEN U. S. A. AND WESTERN EUROPE ~~~ ERE 45 Dt tl Pea AGHAGE ee iiss <A Jett 40 er oe | er =—e Se CT ee / oS ah eee ee ee cee Bee BEZSnc seep acscs eset agz cd Racaeeneestnusesneeessscarsereree!: Ses es BP \ | -- SS >—— oa . CCAR E Se eee Bae 28 mis A : BOE EEE CEE Na znaek a ae ce aa SO MIUeeCDeeucademmareasann.y CT [ee ere ee bee Diagram showing fluctuation of ocean freight rates for four years and eleven months MARINE REVIEwW—February, 1932 29