PORT OF LONDON

Otago Daily Times, Issue 20917, 6 January 1930, Page 7

PORT OF LONDON

j'• ■ HUGE INCREASE IN TRAFFIC. FACILITIES FOR SHIPPING* COMPANIES. (British Official Wireless.) (United Press Association.) (By Electric Telegraph—Copyright.)' RUGBY, January 4. (Received Jan. 4, at 5,5 p.m.) ' The Port of London Authority has, during the past year, beaten all its previous records for shipping. The traffic figures just issued,, covering eight months from April to November, 1929, show that In that period the total shipping that arrived and left the port was nearly 40,000,000 tons. This was 5.6 per cent, more than in the similar period last year, which was itself a record. TH S year, it is estimated, the net registered tonuage of the shipping handled at the docks of the . Port of London will reach the record amount of 60,000,000 tons against that of 55,000,000 tons las. year. In. the past thirty years the value of , imports and exports in and out of the port have jumped from £267,000,000 to over £700,000,000. The port’s increase has been mainly in cargo as distinct from passenger traffic, but he port authorities. By enlarging the dock accommodation and the landing stage at Tilbury, are encouraging the big passenger companies to make extensive nse of London as a call-ing-place for the large liners. The latest development in this direction is the announcement that the Canadian Pacific Company has "ecided to place London on the schedule of the steamships Mont jk rose and Metagama.