SHIPPING NOTES.

Timaru Herald, Volume CI, Issue 15443, 4 September 1914, Page 8

SHIPPING NOTES.

BIG GERMAN LINER REPOTST OF CAPTURE. NEW YORK, Sept. 2, Sir Court eney Bennett, the British Consul, states that he understands that the Kronprinz AYilholm has been captured by cruisers. The report is not yet confirmed. (The Kronprinz Wilhelm belongs to the North German Lloyd lino, is 14,908 tons, and of 35.000 horse power.) WHAT REALLY HAPPENED. LISBON, Sept.. 2. Tho authorities at Lorenzo Marques (South Africa), found the seals of the Kronprinz's wireless broken. Tliey, •therefore," dismantled the wireless and all oil the ship were detained. GERMAN. LOSSES. LONDON*. Sept. 2. The • Financial Times" states that 220 German vessels are laid up in Britain, including their cargoes that are worth thirteen millions. A considerable portion of the proceeds will represent bounty to the navy and the balance will go to meet the expenses of the war. The total value of interned Gorman vassrls and cargoes in neutral ports is about forty-seven millions. REDUCTION OF FREIGHTS. LONDON, Sept. 2. Following the reduction movements in war premium.? on hulls, Australian and New Zealand shipowners have reduced the freights. AMERICAN FIRMS. MAY Tll'Y GERMAN SHIPS. Yx'ASMINGTON, Sept. 2. Secretary McAdoo. before the House Merchant Marine Committee. which is engaged upon a measure to enlarge the United States' marine, stated lliat no nation could challenge the right of the Unieil Stales to purchase any shin,-; it liked for neutral use. The British ami French protests against the buying of German ships. Mr M.-Adoo held, wore groundless, ; i.s the shins were, really bought by private owners ami not by the Government.