ATLANTIC PASSENGER TRADE.
A GERMAN LINE HIT. United Press Assooiatoin.—By Electric Telegraph.—Oopryight. Berlin, March 9. The Hambnrg-Amerioan line for the first time for 16 years has failed to declare an annual dividend. In enumerating the adverse causes of the shrinkage of 50 per cent, in the year’s results, the report emphasises the disastrous influence exercised on shipping by the construction of such record breaking vessels as the Luai. tania and Mauretania. [A million less passengers crossed the Atlantic in 1908 than in 1907, which accounts for a considerable decrease in the receipts of shipping companies.]
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Bibliographic details
Rangitikei Advocate and Manawatu Argus, Volume XXXIV, Issue 9391, 10 March 1909, Page 5
Word Count
95ATLANTIC PASSENGER TRADE. Rangitikei Advocate and Manawatu Argus, Volume XXXIV, Issue 9391, 10 March 1909, Page 5
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