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STATE SHIPPING.

CANADIAN GOVERNMENT LINE. By Cable—Pres* Association— Copyright. Auitralian and N.Z. Cable Association. - OTTAWA, March 16. _ A loss of 140,880 dollars was sustained in 1924 in the operation of the Canadian Government Merchant Marine fleet of 44 vessels. FIFTEEN VESSELS SOLD. . STATE’S HEAVY LOSSES. By Cable—Press Association—Copyright. Atutralinn %nd N.Z. Cable Association. (Received March 17, 5.5 p.m.) OTTAWA, March 16. Fifteen vessels belonging to the Canadian Government Merchant Marine have been sold since 1922. It tvas disclosed in the Canadian Parliament on Monday, that eleven vessels, costing originally 8,273,000 dollars, were sold for 600,000 dollars. One vessel, costing 583,000 dollars, brought 20,000 dollars.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19260318.2.50

Bibliographic details

Timaru Herald, Volume CXXIII, 18 March 1926, Page 7

Word Count
104

STATE SHIPPING. Timaru Herald, Volume CXXIII, 18 March 1926, Page 7

STATE SHIPPING. Timaru Herald, Volume CXXIII, 18 March 1926, Page 7

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