GERMAN SHIPPING.
SOUTH AMERICAN TRADE. By Telegraph.—Press Assn.—Copyright. Washington, Oct. 8. An official review of German shipping shows that Germany is regaining the South American trade. Seventeen ' Hamburg companies are operating .profitably, while American ships are barely ' paying expenses. Germans are exporting largely to Brazil, Argentina and Mexico. . The report states that numbers of British and American ships are being repaired in Germany, because the work can be done 30 per cent, more cheaply than in New York.
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Taranaki Daily News, 11 October 1921, Page 5
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78GERMAN SHIPPING. Taranaki Daily News, 11 October 1921, Page 5
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