SHIPPING BOOM.
GREAT SHORTAGE OP VESSELS'' Br Teloeranl.— Vines Association—Copyrlcht Sydney, November 1. Mr. Jefferson, ■managing director of the M'Arthur Shipping Company, has returned from a European trip. Ho Eays ho was specially impressed by tho shortage , of the marine tonnage all over the world, though tho freights—«xcept in tho A\is* tralasian trade—were the highest he bad ever known. The largo 'carrying capacity of the regular liners to Australasia kept freights to the Commonwealth and New Zealand comparatively low. 'Tho wheat freights had, nevertheless, increased recently from 325. 6d, to 40s. a ton, which.' Was a record.
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Dominion, Volume 6, Issue 1587, 2 November 1912, Page 5
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97SHIPPING BOOM. Dominion, Volume 6, Issue 1587, 2 November 1912, Page 5
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