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In a London shipping review for the half-year just ended it is statad that the six months Closed with a considerably smaller amount of tonnage building and preparing for construction than has been recorded for some years. Cnriously enough, the tonnage of sailing ships Ib larger then for many years. Ihe losses of ■team-rs dm ing tha half year have been about 210,600 tons, and of sailing ships 100,900 tone. The steamers added to the British register during the same period represent 381,000 to^s, and sailing ships 100,100 tons la each caee these fl -:ures include vessels sold to or bought from foreigtu re The net increa c has, therefore, been about 270,500 tons of steamers, wbich ia equal to about 2 per een''. of the toial of British merchant steamers. The price of material for shipbuilding has declined lh per cent since the commencement of ihe year, but wage- have not been reiuc-.d. The troubes in tbe financial wond do not appear to have affected shipping pioperty, generally Biitifh ehipp.ng is strongly held. Freights at the beginning ef the year were unrem>inera'ive, bat towards the spring an improvem-nt took place, and the present outlook a. pears to bo gatisf acto) y. Messrs H. Caiswell and Co aye the impo t«rs of the cirgo cf gu^no < x JesMe from Lor>j? Island, dol Messrs Ful.or, iStanUy and •'o as Stated yesterday. The Ltter firm are agents for the veecel but not consignees of ihe car^o. The barquentine Delmira left Maiden. Island OH let Anguet, and had moderate winds to Tonga, thence to i-a^t Ctpe vamble c ro:g winds and frona the cape til a:rLal light a;rs and calms frcn the rortb-oast and eaet.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST18910916.2.3.3

Bibliographic details

Southland Times, Issue 11842, 16 September 1891, Page 2

Word Count
282

Untitled Southland Times, Issue 11842, 16 September 1891, Page 2

Untitled Southland Times, Issue 11842, 16 September 1891, Page 2

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