SHIP'S DROP IN VALUE.
Amazing contrasts in shipping values are recalled by the. sale by the Sutherland Steamship Company, Newcastle, of the turret steamer, Cwynmead of 3835 tons. 'J lie vessel was built by Doxfords at Sunderland at a cost of £36,000 in 1906. She was sold for £140,000 in 1920, and for £23,000 in 1921; now she has been bought by a Swedish firm for £10,350*
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Bibliographic details
New Zealand Herald, Volume LXVI, Issue 20217, 30 March 1929, Page 2 (Supplement)
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67SHIP'S DROP IN VALUE. New Zealand Herald, Volume LXVI, Issue 20217, 30 March 1929, Page 2 (Supplement)
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