Regular passenger service between New York and Cobh, Ireland, to be maintained by the joint services operated by the United American Lines and the Hamburg-American Line was inaugurated by the sailing of the steamship Cleveland, which left New York December 11 on a special Christmas excursion, and will be combined with regular bi-weekly sailings of the one-class cabin steamers, Westphalia, Thuringia and Mount Clay. These steamers will call at Cobh regularly, both eastbound and westbound, on thei trips between New York and Hamburg.

The Ingersoll-Rand Company ih building a directly reversible 400 horse power marine oil engine to be installed in a tug for the Jersey City Stock Yards Company. The hull for this boat is being built by the Crowningshield Shipbuilding Company, Fall River, Mass. This tug will be in service about April 1, 1925, and will operate on the Hudson River between the Jersey City Stock Yards and various points in New York harbor.

At the recent annual meeting of the American Ma rine Association, Col. E. A. Simmons was elected to succeed F. J. Shipman as president. Captain C. A. McAllister, of the American Bureau of Shipping, was chosen for the vice-presidency, and the following were elected to the executive committee: Captain H. J. W. Fay, of Submarine Signal Corporation, F. J. Shipman, Texas Oil Co.; S. W. Nevin, General Electric Co.; Edward A. Colson, of Babcock-Wilcox, and Charles A. Gleason, of Scovill Manufacturing Co.

Low water rates through the Panama Canal and other factors are reported to be causing removal of big flour mill plants from Minneapolis and St. Paul to Buffalo. It has been found that grain turned into flour at Buffalo is in the center of prospective consumption and also within easy reach of the Atlantic ports, from which low rates are available for transportation to the Pacifific Coast through the Panama Canal.

An official report recently issued shows a loss of £2,227,000 in the operation of Government-owned Australian steamships for the seventeen months ended Dec. 8, 1923, but a credit balance brought forward from previous operations reduces the loss to £1,144,000. The loss on the Commonwealth's wooden vessels to June 30 last was £2,345,000.

The new agreement between the steamship companies and the longshoremen employed at the foreign steamship piers was signed at a meeting at the old Chamber of Commerce building. The men will receive 80c an hour, $1.20 per hour for overtime, and $1.60 for Sundays, holidays and meal hours. The agreement will expire September 30, 1925.

From the opening of navigation to Nov. 10 the port of Montreal has handled 145,449,224 bushels, as compared with 108,185,380 during the corresponding period of last year, it is announced. This lead of more than 37,000,000 bushels is expected to be considerably increased before the close of the season, and it is confidently predicted that Montreal's total exports for the season will exceed, by some 15,000 bushels, the record total of 1922, when 155,000,000 were shipped.

A press dispatch from Tacoma states that a ship ment of 3,000 tons of corn from Argentina, received

Dimensions of the new Matson liner to be built by the Cramps, of Philadelphia, are announced as follows by Gibbs Bros., the architects: Length over all, 58% feet; beam, 83 feet; draft, approximate, 26 feet. The vessel is to be an oil burner with turbo-electric drive, developing about 25,000 horse power and a speed ranging from 22 to 23 knots. She is to be completed in about twenty-five months. Tenders were invited from all yards qualified to bid.

Net income of the Bush Terminal Company of $313,429 for the September quarter, after dividends on both the Bush Terminal Company and Bush Terminal Buildings Company, is equal to $2.37 a share on the $6,889,986 of common stock outstanding, as against $2.56 a share for the preceding quarter. Total net income for the nine months ended September 30 was $976,713, or $7.64 a share, on the common stock.

The New York Shipbuilding Company is preparing to build for its own account a twin-screw motorship of 4,000 horsepower on the Isherwood system, according to the current issue of Motorship. She will be equipped with New York-Werkspoor Diesel engines, giving a loaded speed of 11 knots. All engine room. equipment will be electric driven. She will be about 13,000 tons deadweight. It is understood that an application has been made to the Shipping Board for a loan under the Construction Loan section of the Merchant Marine Act.

cantile Marine, is quoted as having recently said that new tonnage in the way of combined freight and passenger ships for the Panama-Pacific Line will probably be laid down in American yards next year. He also expressed opinion that passenger traffic to Europe next summer would be very big, adding that trans-Atlantic steamship business next summer would be good all around were immigration restrictions off.

The British steamer King Bleddyn cleared from Mobile with a record cargo of steel rails for East London and Cape Town, South Africa. The steamer carried 9,200 tons of the rails and was drawing 29 feet of water.

William Newsome, president of the Fruit Dispatch Company, subsidiary of the United Fruit Company, recently said that bookings for winter cruises to Havana and the West Indies are running well ahead of last year and the outlook is for an excellent tourist

season.

The United States Shipping Board has awarded the Pan-American Petroleum Company a contract for sup plying 4,560,000 bar. els of fuel oil during the twelve months beginning November 1 at $1.29 per barrel, Los Angeles harbor. Of this amount 1,200,000 barrels are for bunker fuel and the balance for cargo shipments to points where supplies are maintained for Shipping Board vessels. The Doheny Company was the lowest bidder of six.

The closing of navigation on the Great Lakes has been the cause of a greater diversion of wheat shipments through this port, whence it reaches Europe and other Atlantic ports through the Panama Canal. Shipments are now being made from points as far east as Ceneral

Saskatchewan. There is now available here 6,000,000 bushels storage capacity, ample tonnage and loading facilities to handle 100,000,000 bushels.

Following an encounter with a harpooned sperm whale, the steamwhaler A. E. Larsen was recently forced to ask for a tow into Durban. On the morning of November 10 the whale was sighted and harpooned, but broke away. When followed and harpooned again two hours later the whale turned and after knocking against the ship's side, crashed into the propeller, which broke and became jammed so that the engine could not be moved and the ship could not manoeuvre.

Authorization of the issue of corporate stock for $2, 705,900 was on given by by the Board of Estimate for the further development of Jamaica Bay. In taking this action the board sought to demonstrate its right to a large appropriation from the Federal Government. The Federal Government is pledged to contribute to the cost of this undertaking provided the city pays its fair share.

The Merced irrigation district of California has awarded a contract to the William Cramp & Sons Ship and Engine Building Company and its subsidiary, the Pelton Water Wheel Company, for two vertical Morris turbines of 24,500 horsepower each.

Plans for the marine show the first week in December of this year, which is expected to be the greatest exhibition yet arranged in the shipping industry, are being undertaken by the American Marine Association, composed of shipowners, operators, builders, engineering, industrial and commercial organizations. The exposition will be held at the Armory, at Lexington Avenue and Twentyfifth Street.

R. H. Weaver, of New York, is quoted by a San Francisco newspaper as stating that he and a few associates have arranged to purchase three vessels from the Shipping Board and build three others to start a new $15,000,000 steamship line in the intercoastal service for the handling of perishable California, Oregon and Washington products. San Francisco, it is stated is to be the home port of the new line.

At the recent meeting of the British Chamber of Shipping it was announced that the order in council bringing

into operation the arrangement for reciprocal exemption of profits on shipping from income tax as between Great Britain and the United States, has now been signed and published. The arrangement will take effect retrospectively from May, 1923.

Two boats for coal have been chartered in New York. One of the vessels is a Danish steamer, which is now loading at Baltimore for West Italy at $3.10 and the other a large Belgian vessel at $2.95, from Hampton Roads to West Italy, prompt loading.

U. S. Shipping Board, must have endeared himself to E. P. Erckenbrack, who is European Director of the Britons, in whose midst his headquarters are, by declaring that he gave little credence to all plans for proposed shipping legislation, when asked as to the preferential treatment of American ships. "My training and experience," he is quoted as having declared, "has been learnt in the best school in the world-the British school of shipping," and, besides, he says he understands the British point of view. Just the man to represent the United

States at London?

The tug Susan A. Moran towed the steamer President Arthur from Newport News, Va., to New York in 65 hours. This is considered an exceptionally fine record. The ship was drawing 25 feet and there was an abundance of maritime growth covering the vessel's bottom which greatly retarded the progress of the voyage. The ship Line, and has been brought north for reconditioning. was recently purchased by the newly organized Palestine

Yielding to representations of leading shipowners that present conditions favor the acquisition of ships from other countries at low prices, the Government of Finland has consented to exempt tonnage import duties on steamers of over 2,000 tons and sailing ships of over 1,000 tons. At the back of this application for exemption from duties. it is said that there lies a scheme, through the acquisition of some large steamers, to establish a regular connection between Finland and North and South America.

Big New Jersey Deal-Niles-Bement-Pond Property Sold

Harrison S. Colburn Company has sold for the NilesBement-Pond Company, Joseph P. Day, agent, their 54 acre tract on the north side of Lincoln Highway fronting 781 ft. on the west shore of the Hackensack River in Kearny between Newark and Jersey City.

This is the most important transaction in Meadow chased its large tract on the Passaic River three years Waterfront Property since the Western Electric pur

ago.

It is located directly across the highway from the Federal Shipbuilding, the Ford Motor, the Western Electric Plants, and just east of and across Central Avenue from the Shupe Terminal. It is one of the largest available industrial tracts in the territory. It is served by the Pennsylvania Railroad.

This property was acquired by the Nines-BementPond Co. during the war, at which time it was the intention to erect on the property one of the largest machine tool plants in America. With the signing of the armistice this plan was abandoned. The name of the buyer has not been revealed, but it is understood to be a very well known corporation. The property was held at about half a million dollars.