S
R

UNITED STATES SHIPPING BOA

Rear Admiral H I CONE C

Capt DAVID W TODD Vice 

Capt GATEWOOD S LINCOL

SAMUEL G
Letter of t

Organizati

General st

Bureau of 

Bureau of 

Bureau of 

Bureau of 

Office of th

Secretary 

II U

Organizati

Special fea

Sales 

Exten

Total 

Cost o

Other 

Reduc

Reduc

Supply and 

Care o

Termi

Fuel p

Storek

Traffic

Gener

Poolin

Specia

Insurance 

Finance

Cash a

Collec

Securi

Collate

Cash s

Housin

Accounting 

Special aud
av

I Vessels sold and vessels disposed of otherwise than b

fiscal year ended June 30 1933 

II Vessel property controlled by the United States 

Merchant Fleet Corporation as of June 30 1933 

III Status of vessels controlled by United States Shipp

chant Fleet Corporation as of June 30 1933 

IV Managing operators and charterers of United States 

vessels as of June 30 1933 

V Services maintained by United States Shipping B

Fleet Corporation as of June 30 1933 

VI An analysis of the total vessel property acquired by t

Shipping Board showing disposition of same as of 

VII Summarized consolidated cash statement by appro

fiscal year ended June 30 1933 

VIII Balance sheet as at June 30 1933 

IX Gross appropriations and allotments from inception 

X Estimated operating profit and loss fiscal year 1933 

XI Names and compensations of employees of the Un

ping Board in the service on June 30 1933 

Names and compensations of employees of the Un

ing Board who were separated during the fiscal 

30 1933 

TABLE OF CONTENTS

APPENDIX TABLES
To the Co

In com

the hono

United S

Board M

June 30 



the follow

vice chai

Jefferson 

Board

T VC

1921 term 

from Jun

June 8 1

vice chai

1924 was 

appointed 

Teller te

was electe

deceased 

lantic coa

succeedin

term to e

pointed J

June 9 1

1933 Je

succeedin

reappoint

6 years f

Decembe

coast wa

to succee

term expi

years from 

On Jul

as the E

Shipping 

to be app

navigable 

the Pacifi

The act a

the Merch
composed of the following Rear Admiral H I Cone US Navy
the rolls involving salaries and wages totaling 3413 776

SEVENTEENTH ANNUAL REP

b Baltimore Philadelphia 

Belfast Dublin Cardiff Avon

c Baltimore Philadelphia 

chester

Route 110 58 has been 

General but no award wa

no 57 contract was award

New Orleans La calling 

and a further requirement 

during the term of the co

all such vessels to be of cla

and suitably equipped to s

At the close of the year 

a result of the operation 

Requirements for new con

conditional requirements 

additional 12 or a total 

requirements of 61 recons

of 127 vessels at an expe

mail contracts of about 30

Intercoastal Carriers

The Intercoastal Shippin

3 1933 applies to all co

transportation for hire bet

of the Panama Canal It 

ment for the filing and po

fares and charges Exce

by the Shipping Board n

charges may lawfully be m

such 30day period the new 

investigatory powers exerc

Inasmuch as the filing an

not become effective until 

sults secured through the 

influence of the act is alrea

coastal carriers operating 

effected a conference agree

any hitherto formed It is 

competition will bring abo

this trade

Safety of Life at Sea and Loa

On January 1 1933 the 

into effect for 16 nations in

tion requirements apply to v
ii SEVENTEENTH ANNUAL REPO

in international trade whereas t

approved March 2 1929 applies o

over This discrepancy is in pro

legislation

The International Convention 

London on May 31 1929 has be

December 17 1929 The convent

principal maritime nations and is 

to those countries Delay in rat

expose American ships to the inc

tion in foreign ports by reason o

national safety certificates require

recommended that the convention 

Sixth National Conference on the Me

The Sixth National Conference o

Shipping Board auspices at the U

Building Washington DCon J

by the Largest and most represen

drawn together on a similar occ

dressed the conference on the ma

marine Printed copies of the 

addressing the Shipping Board B

of Commerce Washington DC

Recommendations

The following recommendatio

compliance with the requirement 

ping Act of 1916

Realizing that Government aid to 

maintenance and development of tha

foreign trade the board strongly reco

priations for this purpose Because ho

purpose of ocean mail contracts leg

revision of this form of Government su

nation ocean mail contracts a m

deredthe aid might more properly 

services on Government contract ro

building and operating differentials a

periodical examination and possible re

by each American carrier

Provision should be made for tax ex

foreign trade including a provision w

taxable incomes derived from operati

are devoted to new ship construction i

Legislation should be enacted look

American shipping interests of the pe

and Navy transports and by the vess

Railroad Steamship Line
SEVENTEENTH ANNUAL RE

Funds should be appropriat

February 23 1925 providing 

Proposals have frequently b

zones in ports of the United 

introduced in Congress In v

the establishment of these zon

be considered whether their 

Congress should not first be u

of the Federal Government

It is recommended that the 

struction Loans as prescribed 

fiscal year 1932 page 21 be re

to enter into contracts to ma

namely 250 00the Bo

disbursements of money in ex

time to the credit of said fun

It is recommended that sec

amended to provide that the 

United States Shipping Boar

appropriations by Congress 

section 202 b Merchant Mar

It is highly important that 

Board to extend rearrange o

loan fund under certain res

Government substantially as 

second Congress

Subsection f of section 1

amended so as to authorize t

foreclosure of mortgages held 

Changes should be made in 

in cases of collisions of vessels 

national Marine Convention 

by legislation rather than by t

Legislation should be enacte

who have filed declarations of 

and who have served for 3 yea

same status as Americanbor

legislation is substantially emb

Recommendation is made th

Rules substantially as provid

enacted at an early date

The International Conventi

May 31 1929 by delegates fr

the United States should be r

The coastwise laws should b

foreign flag to engage in soca

at ports of the United States a

without touching at a foreig

Seventysecond Congress

Legislation should be enac

advanced by the United State

modities and manufactured pr

take place in American ships p
10 SEVENTEENTH ANNUAL REPO

are reasonable as compared with the r

operating in regular services

Section 18 of the Merchant Marine A

empower the Secretary of Commerce to 

of the section if in his opinion arrived a

the violation was unaccompanied by any 

Section 1 of the Shipping Act 1916 s

tramps in the definition of common ca

Section 18 of the Shipping Act 1916 

state carriers by water who are engaged 

their actual rates in the same manner t

to do under the Intereoastal Shipping A

In the following pages will be fo

fiscal year 1933 of the four bureau

of General Counsel the Secretary o

Shipping Board Merchant Fleet C

BUREAU OF REGULA

In August 1932 the Board sBure

functions transferred to the Bure

the Bureau changed to the Bure

further addition to the Bureau sw

the enactment of the Intercoastal 

in the Bureau by the Board of the 

As of June 30 1933 the Bureau s

its circularization of the shipping 

1 Interstate carriers on rivers and cana

2 Towage lighterage or ferriage service

3 Interstate water carriers within purv

merce Act 

4 Carriers by water engaged in proprie

5 Interstate carriers on high seas or G

and 4

6 Carriers engaged in foreign comme

service 

7 Carriers operating in foreign commer

classes 2 4 and 6

8 Forwarders wharfingers warehouse

facilities in connection with comm

By reference to classes 5 and 7 

carriers and 246 carriers in foreig

are subject to the Board sregulat

Formal Quasi Judicial Proceedings

During the past year hearings 

its formal docket and reports pre

ably high rates preferential prej

practices and other unfair meth

sections 14 16 17 and 18 of the 
SEVENTEENTH ANNUAL REPO

For the first time there w

the past year formal charges 

A United States flag carrie

had applied to the Japan C

admission to membership bu

of the Shipping Act upon p

due investigation the Secre

entry to United States ports 

or indirectly by any individ

tion not a citizen of the Unite

involving the transportation 

eign ports under which agr

the parties to such agreem

common carrier by water w

In the instant proceeding 

submitted evidence to the Bo

Bombay Conference was us

alleged further that the refus

bership effectively shut it out 

Bombay Hearing was cond

of the Bureau but during th

of the conference withdrew t

carrier to membership thus 

consider the question of mak

Commerce which would have 

to vessels controlled by me

foreign lines concerned oper

while the third carrier also op

subsidiaries or affiliates

Another quasi judicial pro

by the Bureau during the pas

tract rate practice A grou

lands East Indies to Atlanti

functioning under a basic c

Board under section 15 of t

maintained a contract rate sy

conferences in other trades u

the contracting carriers all of 

are accorded somewhat lowe

refuse so to agree This pa

in the trade with one exceptio

the conference offered to ship

1 Docket 84 Dollar Steamship Lines Inc 

1USB262

1 Docket 80 The W T Rawteigh Co v N 

20246 332
12 SEVENTEENTH ANNUAL RE

nonmember line in the trade did 

receiving the lower rate while 

vides that no carrier shall be de

out just and reasonable cause 

all shippers and practically all sh

The complaint set forth allegati

in violation of sections 14 16 

amount of the spread between 

was not brought into issue th

the system itself in this particu

of the Shipping Act

In accordance with the Boas

quasi judicial proceedings hea

at which both evidence and ora

filed and a tentative report p

proposed a finding by the Boa

tions of the statute had been 

report were filed by the comp

tion but nothing was presente

contrary to that proposed in th

substantially the same as tha

issued by the Board

No other quasi judicial pro

amended has aroused as much 

socalled Eden Mining case 

such a contractrate system w

a single carrier for the purpos

spread of 25 percent between t

unlawful The importance of 

conferences generally in indica

system when properly adminis

exaggerated

The work of the Bureau in ha

has greatly increased during th

best illustrated by the fact tha

the Bureau as of July 1 1933 

number of 104 handled during 

Informal Complaints and Special A

Rule XXIV of the Board s 

letter or written memorandum 

ceived by the Board in which 

amended is alleged shall be t

such communications are dock

Although the Board sreport was not issued 

this proceeding is recorded in the current ann

s Docket 15 Eden Mining Co et at v Btuefie
SEVENTEENTH ANNUAL REPO

is made through correspon

settlement of the controver

Illustrative of the subject 

informal docket are a comp

coastal steamship rate on a

intercoastal carriers of rate

characterized as cutrate 

coast manufacturers a pro

tariffs of certain subject ca

discontinuing calling at a p

these informal cases were p

The Bureau also handles 

tive inquiries for the purpos

other persons of the require

Shipping Act and the Board s

in its consideration of agreem

section 15 of the Shipping Ac

general nature of these pro

in previous annual reports 

by the Bureau during the p

and importance It is the 

steamship companies each 

certain of their vessels in the 

North Atlantic ports of th

engaged in the West Indies 

course felt the effects of th

most active and profitable 

was filed with the Board o

companies all but one of w

ment covering the winter cr

sailings with respect to cruis

and northern ports of South 

agreement however cruises 

after there was filed by the N

protest against Board approv

Cuba Mail Steamship Co h

American flag common car

New York and Habana on 

protest it alleged that the ter

approval by the trans Atlanti

of American shipping were u

carriers and shippers and de

States The Board was aske

was so modified as to remov
14 SEVENTEENTH ANNUAL REP

adequately protect the interests 

throughout the year

Fite Board by resolution initia

of recording evidence and argume

the agreement in question shou

proved At a hearing before an 

facts and argument for and agai

recorded Emphasizing the failu

cruises to Habana and Nassau 

the New York Cuba Mail Stea

Atlantic lines once they had e

sailings permitted under the ag

ality in order to escape the rat

the agreement would divert to

trades to the detriment of the lin

to those ports The New York 

jected strenuously to the tariff 

alleging that it would permit ve

lines of a type similar to that of 

Cuba Mail Steamship Co to o

50 as against the existing rate 

At the hearing it appeared p

of the dispute could be reached 

arrangements were made for con

lines and the New York Cuba 

can flag lines in the yeararound 

pose of negotiating if possible 

factory to all concerned The c

thereof there was filed by the tra

agreement changing the rate for

rates of the yeararound lines 

to eliminate insofar as the fore

to nowhere There was likewis

a new agreement restricting and 

Habana The protest of the N

was then withdrawn and both a

in the light of the record obtain

for Board approval by the Bure

given and the lines operated the

season

Agreements

Annual reports for the past 

steady increase in the number 

quest for Board approval under 

ing the fiscal year ending June 
SEVENTEENTH ANNUAL REPO

recommended to the Board f

During the fiscal year endin

were Idled by the Bureau 

ments were handled during 

last tl year 630

Of the 630 agreements app

year 113 were conference ag

conferences in the foreign 

States functioning in pursu

by the Board were 101 in nu

tabular Form the trades cove

of conferences functioning in 

There are many indication

fiscal year that the disturb

vailed in the steamship bus

years are being ironed out 

were filed were several cove

been no conferences The 

operating under terms app

competitive conditions an

Among the many agreem

modified the terms under w

in the past were a substant

on the part of the particip

for the benefit of all concer

Trades 

halted Kingdom

Continental Europe including Spanish

Atlantic Scandinavian and Baltic ports

bfediterranean ports including Adriatic

Black Sea and Levant ports

Far East including Indo China Philip

pine Islands Siam Straits Settlements

and India

Dutch East Indies

South Sea Islands

Australasia

Africa West Indies and Caribbean Sea ports

South and Central America and Mexico

Between Philippine Islands and foreign

Between Ports Puerto Rico Virgin Islands and

Intercoastal Europe and coastwise including Great

Lakes Hawaii and Alaska

To Panama Canal Zone from foreign ports

SEVENTEENTH ANNUAL REPO

recommended to the Board f

During the fiscal year endin

were Idled by the Bureau 

ments were handled during 

last tl year 630

Of the 630 agreements app

year 113 were conference ag

conferences in the foreign 

States functioning in pursu

by the Board were 101 in nu

tabular Form the trades cove

of conferences functioning in 

There are many indication

fiscal year that the disturb

vailed in the steamship bus

years are being ironed out 

were filed were several cove

been no conferences The 

operating under terms app

competitive conditions an

Among the many agreem

modified the terms under w

in the past were a substant

on the part of the particip

for the benefit of all concer
16 SEVENTEENTH ANNUAL RE

The passage of the Intercoa

among other things that carrier

the Board their actual rates and 

days notice without special perm

resulted in a large number of c

previously filed with and approv

and has likewise resulted indirect

operating through the Panama C

and carriers operating on the riv

the United States

In several instances protests a

filed have been received and in 

been conducted in order to de

question should be approved or d

proceeding involving winter crui

above under the heading Inform

trative inquiries

Tariffs and Regulations of Interstate 

This report has already refer

coastal Shipping Act 1933 A

the President of the United Sta

provisions did not become fully 

this writing it is therefore too s

upon intercoastal commerce an

work in administering the sta

requirements however 33 carrier

have filed their actual rates D

year covering the time the new 

year 115 of these schedules of i

Bureau In connection with thes

a substantial number of protests 

contained therein and also again

alleged failure of the carriers to 

ments of the statute and the Bos

thereunder In some instances 

against individual carriers in the 

competing with them

The filing requirements of sec

remain in force insofar as the in

other than intercoastal commerc

duties in connection with the filing 

of their tariffs powers of attorne

sion and short notice application

ending June 30 1933 2389 of the

filed as against 286 schedules 
SEVENTEENTH ANNUAL REPOR

Carriers remaining subject to 

of section 18 including a nu

coastal Shipping Act 1933 

services total 159 Althoug

the filing requirements of sec

same as at the close of the 

changes in the identities of t

A number of carriers previou

water have gone out of busin

carriers while a number of 

The numerous tariff filings 

changes in maximum rates 

with the Board but to the 

which take place For the 

Bureau maintains a public ta

of attorney concurrences a

coastal Shipping Act 1933 o

readily accessible for exam

upon to assist shippers po

consultation of these tariffs 

provisions of the Intercoast

persons using these facilities 

Traffic Matters

Section 26 of the Shipping 

Marine Act 1920 relate to th

foreigners and the laws rul

which appear to affect or d

The following items handled 

the scope of these provisions 

Income taxes on shipping p

Negotiations by State Dep

State Governments with a v

steamship owners from doubl

CanadaPreferential tariff

the United States to Canad

pending before the Seventy

tax or duty of 10 percent of 

United States through a con

Portugal Preferential tar

preferential tariffs heretofore 

extended to Portuguese col

ment pursuant to request in

representations to the Portu

matter
18 SEVENTEENTH ANNUAL RE

TurkeySalvage monopolyB

Turkish Government was empo

cise a monopoly of salvage opera

tion of particular interest to t

operating to Turkish ports is w

be permitted to the extent of allo

assistance to its own vessels T

with the State Department wit

flag vessels the benefit of any co

Turkish Government

Unfair foreign competition C

May of this year by the Unite

being suffered by it due to canc

the North German Lloyd and 

acceptance by these lines of reg

discount in the United States i

sels The Board conducted an i

having membership in the Trans 

represented Subsequent to thi

actively engaged in negotiations 

matter the German lines were in

the practice in question

Section 7 of the Merchant Mar

ment of steamship lines on esse

and domestic trades The follo

may be listed under this section

A controversy between two Amer

South America arising out of the use 

tonnage in competition with the Ame

An American line operating vessels 

the Board applied for permission to te

coastwise trade The Board held a 

represented and thereafter denied the 

Certain American flag lines operati

and Puerto Rico protested to the Boa

line in extending its intereoastal ser

voyages from Atlantic ports Allega

made by the several lines involved 

the interested lines were represented 

amicably settled by the withdrawal o

Conditions in the trade routes betw

and Habana and New York and New 

investigation and study by the Burea

the Board arising out of the operation 

built with the aid of construction loa

this matter have also been the subject 

Commerce Commission and the Burea

fore the Commission
SEVENTEENTH ANNUAL REPORT 

Under section 8 of the Merc

matter received attention

Export and import rates to and 

ceedings pending before the Intersta

and import rail rates between certain 

ports

Switching charges at DetroitT

Detroit Mich filed with the 

complaint against the Pere Ma

panies alleging that the rates c

switching freight moving betwe

within the Detroit switching lim

water Pursuant to report and 

the Board authorized the Burea

hearing and argument of the 

Mich

report

and the case is now a

Railratesoncanned goods Pu

ship lines engaged in the interc

request of the water lines for su

Commission of proposed reduce

for suspension of the rates was 

were allowed to become effectiv

Lighterage casesIn the mat

pending before the Interstate 

has followed the proceedings a

as these cases involve probable 

several North Atlantic ports in 

erage

examiner

at the

These

Port of

cases

New

are

York

now

Section 21 involves investiga

involved in the extension of t

Under section 27 items of alleg

ceive attention with a view to u

Commerce which is charged w

regard

American SamoaProposed 

American Samoa includes a pro

sion from the application of th

in the first session of the Seventy

in regard to the coastwise laws 

introduced in the Seventysec

by the Board

Virgin IslandsUnder the p

Marine Act 1920 the Presiden
20 SEVENTEENTH ANNUAL 

mations deferring the applic

Islands On August 10 19

the lack of adequate steam

accommodate the commerce 

Islands and the United State

1932 the application of the 

September 30 1933 The B

survey and will submit a re

before the expiration of the e

Section 28 of the Mercha

benefit American shipping t

and import traffic shipped 

previous annual reports the 

after its enactment Legis

of law was introduced in the f

as HR 4938 and the Boar

Merchant Marine Radio a

tatives to submit such report 

see proper to make on this 

Bureau to make a study of t

Board in making its report t

Various matters involving 

Marine but which do not co

going provisions of law hav

during the year These may 

Equalization of rail and o

traffic negotiations with the 

ing preference for Americanf

of commodities over which i

pending legislation in referen

fruit inspection

BUREAU OF 

Coincident with the reorga

the name of the Bureau of 

Marine Development and th

tions investigations and po

Marine and Dock Labor

The Bureau swork in con

been so fully covered in prev

tion of it here would be me

reau sinformation on foreig

ashore as well as manning r

personnel was extended rev

perience of the previous year 
SEVENTEENTH ANNUAL REPORT 

in foreign wage scales was again 

dollar in relation to foreign cu

standard had the effect of con

tween such countries as Great 

In the case of those countries r

had a normal favorable diffe

affected American costs favora

differential

Domestic Port Section

During the past fiscal year t

cooperative program with the 

Harbors of the War Departme

section 8 of the Merchant Mar

The work of the joint forces 

curtailed due to the Economy 

available for printing As a r

work initiated was the revisio

Baltimore Md and the prepa

to Miscellaneous Series No 1P

States Ports The latter con

since the publication of the orig

to date as of January 1 1933

During the year the work of 

the ports of San Francisco 

San Francisco Bay Santa C

ports of Port Arthur Sabin

completed Work on Port Se

more Md was in progress at 

The following volumes were 

fiscal year ended June 30 1933

POR

No 4Part 1 Philadelphia C

Delaware River above Philadelphia

No 4Part 2 Wilmington De

Philadelphia

No 5New Orleans La

No 7Part 1 Seattle Wash

No 7Part 2 Tacoma Wash

No 7Part 3 Everett Bellingha

No 11Part 2 Astoria Oreg L

No 23Olympia and Port Angel

LA

No 7Toledo Ohio

No 8Sandusky Huron and Lo
22 SEVENTEENTH ANNUAL 

MISCE

No 1Port and Terminal Char

The following shows reports 

with the percentage of compl

12

14620

Serial no of

volume 

San Francisco Oakland Ber

Cruz and Monterey

Port Arthur Sabine Beaum

Baltimore Md

New York NY

In addition to the regularly 

cellaneous series reports much 

up in the preparation of nu

requests received from vario

Some of the more important 

A table showing tonnage 

received and shipped coastw

ports during the period 1927 

Compilation of data show

Superior shipments of ore an

coastwise movement of oil fro

of oil through the Panama C

Statement showing flour ha

Statement showing coastw

steel except pipes for the c

Preparation of statistical 

agricultural products movin

calendar years 1929 through 

Foreign Port Section

The Foreign Port Section 

Transportation Division Bure

Department of Commerce 

facilities customs and charge

South Europe Piraeus an

Barcelona Bilbao Cadiz 

Tarragona Valencia and Vig

Leghorn Naples Palermo T

Canary Islands Ponta del G

and Oporto Portugal

South America Recife Ba

British Isles Aberdeen D

Scotland Liverpool and Man
SEVENTEENTH ANNUAL REPORT 

During the year this section p

ing ports in the southern Eu

Greece Algeciras Alicante 

Malaga Santander Seville T

Valetta Malta Fiume Geno

and Venice Italy Las Palma

Azores Istanbul Turkey Lis

France

In addition to its regular w

were handled by this section

Research Controlling depth

world ports Drafts of vessels 

vessels Report on British ste

services Entrances and clea

countries of the world Inform

facilities for handling molasses 

mingo Special report on por

South American ports Repor

193132 Cuban port informa

Translation Loadline leg

sidiesSwedish

Drafting Distribution of tra

survey and two graphs for the 

American Bureau of Shipping

An official of the Bureau of M

represent the Shipping Board o

Bureau of Shipping in accorda

Marine Act of 1920

As the Shipping Board is th

quired to class its vessels wit

the American Bureau of Shippin

the Bureau Veritas and other 

classification of vessels other t

During the year further progre

of the American organization

International Radio Conferences

A representative of the Bur

committees having in charge 

radio conference at Madrid as w

radio conference in Mexico Ci

of the American Steamship O

Coast Guard the Departments 

coastal radiotelegraph service

present status of the mobile gr

the part of commercial broadca
24 SEVENTEENTH ANNUAL 

American Marine Standards Com

Although the activities of t

during the year the Bureau s

member of the executive boa

Up to June 30 1933 90 pu

mittee comprising 98 hull sta

ards 27 shipoperation stand

special standard

Prevention of Marine Fires

The Bureau continued to b

of the National Fire Protect

of which the Bureau represen

do with the prevention of fire 

repair and during layup D

completed its report which w

from the underwriters to the in

will be considered again per

light of the experience gained 

mendations

World Economic Conference

Representatives of the Bu

committee appointed by the 

preparing data for the Ameri

and Economic Conference w

1933 The results of the Bus

American Ocean Transpor

American delegates the Un

respect to its merchant marin

Sea Service Section

The work of the Sea Serv

Americans serving onAmerican 

unfit has been so fully descr

detailed account of this activ

By means of physical exa

medical officers supplemented 

States Public Health Service 

large degree the number of pe

can ships by seamen suffering 

to their employment

Through its 12 field office

22677 men in the various ra

men being American citizens 

many cases to secure position

such as riggers waiters engine 

executed November 22 1932 a loan of 56099 was made to this
and Black Tern 133 912 The Federal Shipbuilding Dry Dock

Co accomplished the work on these vessels including that on the

2024633
Veragua at the Fore River plant of the Bethlehem Shipbuilding

Corporation was completed in August 1932 and under provisions
SEVENTEENTH ANNUAL REPORT UN

of loan agreement executed Augu

made thereon covering constructi

tion of the S Peten by the N

Dock Co was completed in Febr

loan agreement executed Februa

was made thereon in aid of const

10 United States Lines CoUn

executed November 22 1932 a 

company in aid of the conversion 

American Importer work on this 

close of fiscal year 1932 by the U

NY

11 United States Lines IncT

Manhattan and Washington was 

building Co and under provision

24

7

1930 loans were made ther

757 200respectively covering 

Manhattan is owned by the Nor

and the Washington is owned by 

poration both being subsidiaries 

SummaryFrom the inceptio

June 30 1933 inclusive the Ship

33 steamship companies for the 

for the conversion andor recondi

ized loans total 147 752 146 66

advanced by June 30 1933 leav

advanced on these loans in the fu

The financial activities of the 

fiscal year 1933 and the distribu

the year are shown by the follow

Construct

Cash and appropriation balance Jun

sixteenth annual report 

Deposits during fiscal year 1933

Sales receipts fiscal year 1932 t

after June 30 1932 

Sales receipts fiscal year 1933 t

before June 30 1933 

Loan repayments 

Total deposits 

Advances on loans during fiscal year 1

Cash and appropriation balances J

1933 sales receipts to be transferred 
30 SEVENTEENTH ANNUAL 

Distribution of 

Outstanding loans

Total amount advanced fro

tion of fund to June 30 

clusive 

Total repayments of loans to 

Outstanding Loans 

Advances to diesel fund 

Cash and appropriation balances 

Total construction loan fun

Name of vessel

Black Falcon R

Black Gull R

Blank Hawk R

Black Heron R

Black Tern R

Seanstates R

Colombia

Haiti Sana Elena

Santa Lucia

Point Aneha R

Delmundo 1

Delvalle R

Manhattan

Lurline Santa Paula

Santa Rosa

Seatrain Havan

Seatrain New York

Washington

Peten

American Veragua Importer R

American Traveler1

INSPE

Pursuant to agreements bet

vessels receiving the benefits o

the total amount of each lo

progress payments depending 

work accomplished at time of 

It is therefore necessary befo

to determine whether the prog

justify such payments

The Bureau of Constructio

all payments or advances ma

appraisal of work performed 

incident to progress payments 

following vessels which were c

Own

American Diamond 

American do Scantic L

Colombian Mail S

Grace poration doSteamship C

GulfdoPacific Mail L

Mississippi Shippin

Northdo Atlantic S

Oceanic porationSteamship 

Panama Mail Stea

Seatrain do Lines Inc

do

Transatlantic Steam

United tion Mail Steam

Uniteddo States Line

do

R Reconditioned All others were newly 
SEVENTEENTH ANNUAL REPORT UN

In addition periodical inspect

following vessels which were still 

ditioned as of June 30 1933

Name of vessel

Point

Eenowis

Lobos

R

R

Afoundria R

R Reconditioned

For the purpose of ascertaining 

properly protected periodical in

connection with the condition a

constructed or reconditioned with 

tion loan fund and upon which th

gages At the end of the fiscal ye

had been in commission 6 months 

by a Shipping Board representativ

ject to periodical inspection is be

tion and reconditioning work is 

during the fiscal year ending Jun

Name of vessel

Owner

Gulf Pacific Mail Line Ltd

Waterman Steamship Corp

do

Owner

Morro Castle Agwi Navigation Co

Oriente do

Black Eagle R American Diamond Lin

Black Falcon R do

Black Gull R do

Black Hawk R do

Black Heron R do

Black Tern R do

California American Line Steams

poration

Pennsylvania do

Virginia do

Scanmail R American Scantie Line 

Scanpenn It do

Scanstates R do

Scanyork R do

City of New York American South African 

Ulysses R American Tankers Co

City of Baltimore R Baltimore Mail Steams

City of Hamburg R do

City of Havre R do

City of Newport News do

CityRof Norfolk R do

Algonquin Cherokee Seminole 

Corporation

Cherokee do

Seminole do

Borinquin Coamo Steamship Cor

Coamo do

Colombia Colombian Mail Steam

poration

Haiti do

President Adams R Dollar Steamship Line

President Garfield R do

President Harrison R do

President Coolidge do

President Fillmore R do

President Hoover do

President Johnson R do

Acadia Eastern Steamship Lin
32 SEVENTEENTH ANNUAL 

Name of vessel Ow

Boston Eastern Steamsh

New York do

Saint John do

Exareh R Export Steamship 

Excalibar do

Excambion do

Excelsior R do

Exoter do

Exilona R do

Exochorda do

Santa Clara Grace Steamship 

Santa Elena do

Point Ancha R Gulf Pacific Mail 

Robert E Lee Robert E Lee Ste

Delmundo R Mississippi Shipp

Delnorte R do

Delsud R do

Delvalle R do

Chester Sun Motor Tankship 

Eastern Sun do

Mercury Sun do

Northern Sun do

Pacific Sun do

Southern Sun do

Western Sun do

Clevelander National Motorsh

Detroiter do

Iroquois New York M

Corporation

Shawnee do

Manhattan North Atlantic S

poration

Evangeline Nova Scotia Stea

tion

Yarmouth do

Mariposa Oceanic Steamship 

Monterey do

Santa Paula Panama Mail Stea

Santa Rosa do

Seatrain Havana Seatrain Lines In

Seatrain New York do

Floridian R Strachan s South

Georgian R do

Tide Water Tide Water Assoc

Corporation

Tide

Antigua

Water Associated do

United Mail Steam

Chiriqui do

Quirigua do

Veragua do

American Importer R United States Line

American Traveler R do

Afoundria R Waterman Steams

Maiden Creek R do

Toga Topa R do

West Hika R do

Former name was General Motorship Co

R Reconditioned All others were newly 

Certification of Vessels as to Type 

The provisions of section 

amended require that the S

Department certain features 

benefits under that act

During the fiscal year end

received only one request requ

the Eastern Steamship Lines 

Brandon the entire proceeds 

were applied as part of the fir

tion cost of its new vessel the 
SEVENTEENTH ANNUAL REPORT UNI

that request the Shipping Board 

to the Treasury Department app

to type and kind

ENGINEERING DEVE

1 Model basin research workT

Finance United States Shipping 

development program is cooperat

mental Model Basin in certain res

ment of the propulsive efficiency o

marine

There follows a brief description 

during the fiscal year 1933 and its 

a Resistance tests on a serie

body of varying length to fill gaps 

series and other published model 

bows 2 sterns and 12 intermediate 

inclusive The results of these test

of the book entitled The Spee

Admiral D W Taylor CUni

b Tests in open water of a ser

to 1133 inclusive supplementin

propellers nos 835 to 866 inclusiv

propellers nos 1134 to 1139 in

previous tests of 4bladed propell

4bladed propellers nos 1114 to 11

completed and the data worked u

year 1932 The results were publ

Speed and Power of Ships

c A new item taken up during 

under self propulsion conditions 

with five assumed coefficients of f

with the ship trials of 1930 and 1

be embodied in a paper by Rea

United States Navy retired whi

of the Society of Naval Architects 

2 The Speed and Power of S

W TaylorCUnited States N

Originally published in 1910 th

mark in the field of ship design 

Since the original publication a va

into ship propulsion has been ca

abroad In addition thereto e

undertaken by the United States 

Admiral Taylor ssupervision act
34 SEVENTEENTH ANNUA

Board Therefore the Ship

development program durin

published 3000 copies of 

These copies are being dist

cover the expense involved 

3 Welding research work

Construction and Repair o

Board is engaged in an exte

will cover quite generally th

work is still in progress and n

The final results will be app

welded structures and parts 

available to the industry in 

4 Boilerfeedwater treatm

neering experimental station 

Board is engaged in an exte

methods of boiler feedwate

and the expected improveme

tion of marine boilers will b

and to the American mercha

5 Steel castings researchI

laboratory of the Navy Dep

in a program of research into 

will be applicable to the desi

types of vessels and will be of 

marine It is expected tha

first to feel its effects in that 

will insure improvement in s

plished will be available to th

DI

During the fiscal year end

nection with the diesel prog

correction of defects develope

engines of vessels converted 

was carried on by a small s

builders of the engines The 

the fiscal year 1933 for the c

the vessels Galveston West G

heads main columns cylinde

that work on the Galveston w

and on the other vessels shor

Of the original fund of20

total sum of23665 000has 

the several diesel programs h
SEVENTEENTH ANNUAL REPORT UN

unexpended balance of 280 133 40

made available for such purposes

DETERMINATION OF SPEED TO

The Bureau of Construction an

and examinations during the fisca

tonnage and costs of certain ve

contract and other services It 

of certain vessels to determine wh

in accordance with plans and spec

of the Navy

INVESTIGATIONS INTO THE FINANCETH

The administration and super

gages and all financial agreeme

unable to meet their obligations 

Bureau by direction of the Boar

previously functioned to the same 

loans During the past fiscal year th

gations and reports to the Sh

companies whose notes became 

reports related to proposed exte

instances special arrangement w

due and unpaid was deferred 

supervision of financial affairs b

operating revenue may be conse

tion and that all mail revenue 

from the Government be restri

due to the Government 2 fo

and 3 payment of notes due 

successful for those companies w

adjusted to the new conditions The Bureau has also made sp

claims submitted to the Board 

followed by the Board in insura

ANALYSIS OF RESULT OF OPERATION 

BY

Annual reports and financial 

Board form for the calendar yea

shipowning companies operat

intercoastal and coastwise trad

Twentytwo companies in 

amounting to 5266 902 whe

losses amounting in all to 49
36 SEVENTEENTH ANNUA

The net result for all com

was a profit of 280 912 aft

charging off 14403 987 for 

same companies in 1931 was

Four companies in intercoa

to 231 346 and 18 reported 

net loss for all companies in 

paying interest of approxima

ation of5000 The ne

was433113

Sixteen companies operatin

5

amounting to 1273 898 a

0225 The net loss fo

paying interest amounting to 

off depreciation of468652

8

The net result for all ser

524 28 after paying inte

charging off depreciation of210

These oceangoing common 

9

wages and 35186 000for ste

749 018 for Panama Canal 

and wages paid were not subm

Those companies who receiv

time mail contracts are includ

services During 1932 these 

pay in the amount of24373 167 

by these companies from all s

5083 During 1931 the gr

1930 17224 638

On the basis of reports recei

these companies expended 10 

and products The total cos

panies including ships owned 

mately 850 00 with a pre

ANNUAL SURVEY OF MARINE INSU

CALEN

The survey of marine insura

domestic and admitted foreign 

has just been completed A s

hull insurance premiums on A

has remained about the same a

of about 5000 in premiu

vessels Great Lakes ships e

insurance premiums received by 

companies of approximately50
SEVENTEENTH ANNUAL REPORT UNIT

Reports have been received fro

foreign admitted companies Pre

panies amounted to 25866 000 

1931 and by admitted foreign in

compared with 701100 After allowing for reinsurance w

companies the total net premiums 

by all companies amounted to 

38173 000in 1931 The decrea

divided between hull and carg

insurance written by domestic 

Board fund amounted to 1080

in 1931 American insurance companies

original 01 net premiums 42 perc

percent for hull insurance as comp

respectively for 1931 

Insurance Synndiic ate

premiums

Cwhich 

e Sydc C

insurance market amounted to 4

524 77 for Great Lakes as com

respectively for 1931 Premiums received by the Ship

to 1884 436 which is approxima

reported last year Domestic companies reinsured 

companies in the amount of230

companies in the amount of 

business with foreign admitted c

and with nonadmitted foreign co

About 7 percent of all original 

panies was sent abroad for rein

Foreign admitted insurance co

total original premiums as 60

cargo and 42 percent for hull p

and 345 percent respectively 

127 000 as compared with 380

approximately the same as for l

Foreign nonadmitted insuran

ceived by way of reinsurance 

amounting to 2717 68 and 

884 000The attached tables indicate 

premiums as between America

United States during calenda
38 SEVENTEENTH ANNUA

These figures may appear c

classes of reinsurance there

are Iestated in anothea form 

Questionnaire reports from 

38873 000 gross for hull a

reinsurance premiums issue

cargo insurance 7656 000 

130070 which leaves the 

with the domestic companies 

Total premiums 

Last 

Insurance premiums reported

By American companies

Reinsurance deduct

Total American premiums

By foreign companies

Reinsurance deduct

Total foreign premiums

Total original premiums American and 

Cargo premiums reported

By American companies

Reinsurance deduct

Total American cargo premiums

By foreign companies

Reinsurance

Total foreign cargo premiums

Total cargo premiums

Hull premiums reported

By American companies

Reinsurance deduct

Total American hull premiums

By foreign companies

Reinsurance deduct

Total foreign hull premiums

Total hull premiums

Grand total cargo and hull premiums Reinsurance with foreign nonadmitted com

Net premiums within United States
SEVENTEENTH ANNUAL REPORT UNIT

ReinsuranceCo

Last three ci

AMERICAN COMPANIES

Reinsurance on hull with

American companies

Foreign admitted companies

Foreign nonadmitted companies

Total hull

Relnsuranee on cargo with

American companies

Foreign admitted companies

Foreign nonadmitted companies

Total cargo

FOREIGN COMPANIES

ReiusurenCO on hull with

American companies

Foreign admitted companies

Foreign nonadmitted companies

Total hull

Reinsurance on cargo with 

American companies 

Foreign admitted companies

Foreign nonadmitted companies 

Total cergC

BUREAU O

The Bureau of Research contin

going merchant fleets of the wor

vessel characteristics The rec

year ended June 30 1933 3569 

in our waterborne trade ma

clearances at 161 United States 

tons of cargo and 1400 0 pas

and destination involved numbe

The records of the Bureau 

waterborne foreign commerce o

of 12 years and cover transactio

United States possessions and 

world ports which have partici

during the period 192132 Du

were transported in the waterb

The total volume of these com

tons and their value was nearly

During the fiscal year the B

copies of which were issued to G

transportation companies finan
40 SEVENTEENTH ANNUA

institutions The Bureau 

which were for the use of the 

ment departments The r

prepared for commercial and 

panies periodical publicatio

The records of the Bureau 

nearly 83000 individual re

collectors of customs and o

of these permanent records 

60000individual entries 

OFFICE OF T

Effective August 1 1932 

during the balance of the fisc

were carried on by the Office 

Very substantial reduction

work during the fiscal year 

assistants being reduced by 

effected by reductions in sa

amounting to savings of more 

year

Besides the lawyers regula

23000 was expended during 

retained tion in such in foreign countriescountries t

Litigation

On July 1 1932 there were 

circuit court of appeals in 

District of Columbia courts 

countries 877 cases in which t

Corporation were plaintiffs or 

of the activities of the Shipp

Corporation

These cases involved the tot

most varied character at law 

miralty During the fiscal yea

new actions were brought so 

cases pending involving 683

On January 6 1930 the Su

force claims of a maritime na

operation of merchant vessels 

maintained against the United 

district courts of the United S

Admiralty Act 280 US 320
SEVENTEENTH ANNUAL REPORT UN

As a result of this decision 1

mostly for personal injuries or 

brought in State courts in Federa

the Court of Claims were dismis

Many of the cases had been tried

ants rendered and were pending 

suits could then be reified because 

At the instance of these unsatis

expired 

Suits in Admiralty Act on June 3

whose cases had been so erroneou

31 1932 to sue under the Suits in 

amendment 105 cases involving

first half of the fiscal year just p

in the cases now pending notwith

analyis of all cases pendin

There are 58 cases in foreign 

States involving 880 557 16 

foreign attorneys under the con

in European countries are imm

legal representative attached to 

There are 612 cases pending i

Of this number 21 cases are pen

are bankruptcies and receivers

tions in State or Federal courts 

damage or personal injuries an

collisions salvage general and p

cases are being actively litigat

In addition to the cases abov

the New York office handle all 

in which other Government d

direct supervision Depa

there were141 cases ofthis 

involving 3440 525 06 In all controversies arising o

in which the Shipping Board w

the investigations attended 

suits that arose therefrom an

of hull insurance in the Ship

United States of America has 

In the cases of vessels so

agreements protective and i

protection of the Government 

matters which are handled b

panies but are supervised b
42

SEVENTEENTH ANNUAL 

practically every case the Un

suit and the pleadings are pas

that the interests of the Gover

attorneys appear of record fo

sary assurances have to be se

might payment be entered of all expenses in co

Contracts Opinions and Claims

In the Liquidation of the Fle

disposed of and is disposing of 

sale of these ships where they 

Board takes back mortgages 

quires notes properly endorsed 

struments as well as all other 

contracts and agreements are 

ties necessary for carrying out t

as transfer of registry recordin

to by this office The foregoin

purposes sold but lines of vessels for 

The Merchant Marine Act o

of 1928 authorized the Shippin

terests to aid in the constructio

tioning of old tonnage This p

Contracts and Opinions Division 

relating thereto all mortgages 

advance made under each loan 

was attended to by this office as 

title searches recording of the m

many questions of law which ne

for the guidance of the officials 

the construction loan fund A

was weretaken prepared by thisandoffice in all negoti

Miscellaneous contracts coveri

and other instruments were also 

In the conduct of the business 

there are always important lega

require opinions Such opinions 

formal advice given from time to 

by the officials of the Board and 

The Board was authorized by 

an insurance fund for the purpose 

in which the Board has an interes

Board and operated under opera
SEVENTEENTH ANNUAL REPORT UNIT

insurance is placed through the in

Corporation there are many contro

in all of such controversies the lega

and while the prosecution and def

from are handled by the Litigation 

ing to the questions of insurance a

The matter of collection of out

Board as well as all claims agains

tion not in litigation is handled b

there were 141 claims pending a

000 After all efforts to collec

been exhausted it is generally t

cancelations of the accounts if it 

financial condition of the debtor 

urer and comptroller of the Fle

writeoffs or cancelations

Miscellaneous

As in the handling of the busi

clerical force maintains and opera

docket of all matters in litigation 

ation is involved and maintains c

tion It is charged with the prepa

Congress and for the informatio

ments of the Board and Fleet Cor

contracts and other instruments 

Corporation

SECR

The office of the secretary is th

Shipping Board and Merchant 

thereof during the past fiscal y

during the preceding fiscal year

Sales to Aliens and Transfer of Reg

The office of the secretary c

applications under section 9 of t

and makes appropriate recomm

for final action thereon These 

ducted by the secretary for a 

the reorganization have been h

secretary During the past year the Boa

tions involving 50 vessels of 9

sales and transfers 14 were cha

time and 2 involved mortgages 

and under investigation 21 applic

20216 334
44 SEVENTEENTH ANNUA

awaiting results of commu

representatives There are 

referred to the Department 

so far have not been conclu

The following table sho

approved by the Board for t

were of size type and obsole

ment and maintenance of 

provision of law as administe

the transfer to foreign regist

States registry and it is beli

possible loss by sale or tra

United States in time of nat

also of vital importance in o

ment of the United States 

administered in such a way 

to dispose of obsolete tonnag

invested capital without detr
9CO

Date

of

order

Foreign

registry

do do do do do British Mortgage doB

lreserioma

Owner

or applicant

9

2La

Re

ZP

1o SFO OOm

ON

9

q n

Y O

W

7

d

U U L 

em a 

w 

8 44444g 11 d

3w 8 g 

YY RW REig5M E M

etSt

Type M 11 oil i GB O OywtmF FFFFFPI 0 UO 

Q6 MIRE

u NNNE 

S E a

smm

dC 2

S6 AMPIA 4m

t

mg2e tw3

m2 W

S

0

X

SEVENTEENTH ANNUAL REPORT U
46 SEVENTEENTH ANNUAL 
SEVENTEENTH ANNUAL REPORT UN

Recapitulation showin

Recommendation for Modification o

The law imposes severe pena

may at times be incurred withou

may be caused by slight over

damage The Board has no alt

such violations of the law excep

and has at times justifiably reco

It is therefore recommended 

the Merchant Marine Act 1920 

Act 1916 be amended by addin

the following

Provided That the Board may wa

vided by this section and may ord

relating thereto if in the opinion of t

willful negligence or intention of fra

by an order of approval

Ship Mortgage Act 1920 Surrender 

The office of the secretary 

applications under section 30 

Act 1920 cited as the Ship M

of the Board of the surrender o

documented under the laws of 

preferred mortgage except in 

its sale by order of any court 

court The Shipping Board by res

subsection 0 a as not apply

desires to surrender the marin

thereof or a change of trade 

ownership and home port of 

vessel is concurrently redocum

at the same home port In s

be made upon the new docume

During the past fiscal yea

involving 52 vessels

Numher Gross tons 

Colaombia CColombian anh

Cuba Nicaraguan Mexican te OFN 1

42152572

8

SEVENTEENTH ANNUAL REPORT UN

Recapitulation showin

Recommendation for Modification o

The law imposes severe pena

may at times be incurred withou

may be caused by slight over

damage The Board has no alt

such violations of the law excep

and has at times justifiably reco

It is therefore recommended 

the Merchant Marine Act 1920 

Act 1916 be amended by addin

the following

Provided That the Board may wa

vided by this section and may ord

relating thereto if in the opinion of t

willful negligence or intention of fra

by an order of approval

Ship Mortgage Act 1920 Surrender 

The office of the secretary 

applications under section 30 

Act 1920 cited as the Ship M

of the Board of the surrender o

documented under the laws of 

preferred mortgage except in 

its sale by order of any court 

court The Shipping Board by res

subsection 0 a as not apply

desires to surrender the marin

thereof or a change of trade 

ownership and home port of 

vessel is concurrently redocum

at the same home port In s

be made upon the new docume

During the past fiscal yea

involving 52 vessels

PAR

MERCHANT FLE

MERCHANT FLE

ORGAN

At the beginning of the fiscal ye

trustees of the Merchant Fleet C

Crowley president of the Corpor

sioners II I Cone Albert II Den

and Roland K Smith On Augu

Commissioners resigned as trustee

ing Messrs T C Donovan F 

Parker L D Parmelee and H 

president of the Merchant Fleet C

the board of trustees and Mr U 

chairman Mr L D Parmelee 

27 1932 and was succeeded by M

resigned as trustee effective Jun

effective June 30 1933 These v

sonnel of the board of trustees at 

was as follows Elmer E Crowl

chairman and Messrs Donovan 

Due to resignations several cha

Merchant Fleet Corporation dur

S S Sandberg resigned as vice pr

position was not filled Effective 

succeeded Mr L D Parmelee a

28 1933 Mr C D Gibbons b

Mr II M Wells as treasurer 

Corporation on June 30 1933 we

President 

Secretary 

Acting treasurer 

General comptroller 

Several changes were made in 

Fleet Corporation during the fis

Operations Department was chan

functions of the Supply Departm

Section of the Operations Divis

and Real Estate Section and the 

Division were placed under the d
52 SEVENTEENTH ANNUAL 

President The Reserve Fle

Operations Division to the 

Traffic Department was ch

offices at Boston Philade

ordered closed during the y

New York Norfolk New O

active at the close of the yea

Five lines of cargo servic

operators under the general 

poration on June 30 1933 

operated at the close of the 

been disposed of by sales to 

SPECIAL FEATURE

Sales of Vessels

Sales of 184 vessels were a

cargo ships sold for restricted 

sold subject to specific requ

and with limitations as to tra

vessels sold for dismantling 

included 1 wood harbor tug 

The sale to Lykes Bros Rip

namely the American Gulf O

UKLine and Dixie Medite

ships was the only sale of es

The purchaser is obligated 

scribed routes for a period of 

per annum and is also require

ing and construction progra

contract awarded to these se

completed by June 30 1933 

To protect the private mar

coastal trade from competit

effects of overtonnaging the 

repairs and reconditioning b

were required to spend in th

sales price would make the 

market value of a vessel of he

wise vessels bought for spec

routes were restricted from t

coastal trades for varying pe

As an aid to the unemploy

in the calendar year 1932 auth

tling and scrapping a large 

obsolete and surplus to the 
SEVENTEENTH ANNUAL REPORT UN

Bids were invited on two bases F

from scrapping and second pay

prescribed price per ton of rec

awarded to the highest bidder on 

Metal Co which offered 151 p

As the vessels in this sale are sub

necessary for operation or for sal

finally be scrapped is undetermi

contract called for the scrapping o

with a total dead weight of 1089

that all of these vessels are to be 

1935 Up to June 30 1933 inc

weight of 2701 tons had been 

this contract and 15 of these ves

The transfer of two laketype c

was authorized during the year b

delivery of them as of June 30 193

Nine cargo vessels on which th

of which were in default were p

fiscal year Six vessels were retur

effected with former purchasers 

West African Line purchaser of 

West African Line in 1928 and 

Inc which purchased the Delta 

Brazil River Plate Line compos

the fiscal year these two compan

to continue successful operation

fact that while they had bid for 

offers were invited at ttime the 

they were now compelled to ask 

livery of certain of the vessels for 

had deprived them of employm

and investigation of the financia

these companies the Shipping B

three vessels from each company 

value of the vessels to be appli

these and other vessels of each p

were acquired by transfer from 

from the War Department and 1 

A statement showing the var

quired names of vessels names 

governing sales etc is given in 

During the fiscal year 1932 

which previously had tentatively 

Roads Line was assigned the op
54 SEVENTEENTH ANNUAL 

negotiated the purchase of 

covers the American Hampto

trade name Yankee Line 

consummation of the contra

taining a mail contract wh

meantime the Southgate Nels

under the 1930 operating agr

Offers are pending for the 

and the American Republics 

will not be completed until m

Near the end of the fiscal 

sales policy providing that fu

sold for restricted operation i

on a cash basis and that in 

offers consideration would be 

proposed to operate the vess

owned tonnage and the poss

ship instead of purchasing an 

cash and the balance payabl

depending upon the size of t

whose credit was approved b

only to ships sold for tradero

Extent of Vessel Operations

The cargo vessel operation

were greatly reduced in the f

preceding years due to its 

retrenchment

On June 30 1933 there w

managing operators in Shippi

date the preceding year there 

reduction of 43 vessels resulte

solidated Gulf services which 

ance being due to the withdraw

operators of existing services 

During 1933 352 cargo voya

the total of 531 in 1932 show

total reduction 59 resulted fr

Lines and Mobile Oceanic Line 

operation of the American Bra

tion or 120 voyages is attri

and the program of limited s

Corporation in the last quarte

adverse economic situation 

ment had greatly decreased an
SEVENTEENTH ANNUAL REPORT UN

ti ve of savings to the Merchant F

ing its position in the trade routes 

A list of cargo services in ope

names of managing operators and 

each is included as table IV in the 

Total Results of Operations During 1

The total operating loss of the 

fiscal year 1933 was approximat

below the 1932 Loss Notwithsta

ping conditions that prevailed du

lowest point in a gradual scale o

of 41000reported in the fisc

A profit and loss statement for 

ing results for various activities 

is given in table X of the append

Cost of Cargo Services

The total cost to the Merchan

cargo services in the fiscal year 1

is2182 000 less than the corres

The reduction in costs is acco

resulting from the discontinuance 

of 184 000 in the cost of mainta

remainder or1540 00 was sav

solidation of services and curtai

tained by the Merchant Fleet C

small extent by the sale of the Gu

The consolidations referred to 

fiscal year 1932 have justified the 

by making the lines more read

reduction of the number of sailin

Merchant Fleet Corporation wit

respective services

Another advantage to the Flee

dations was making it possible f

on the services without increased 

severe decreases in freight reven

nomic conditions as they were 

otherwise reduced operating expe

ings as directed by the Fleet Co

Other Operating Results

Charter hire net earnings in 1

than one third of the amount r

number of vessels under charter 
56 SEVENTEENTH ANNUAL 

Miscellaneous income am

87000 more than the 1932 

increase is due to increased pr

costs for reconditioning bette

for terminal operations in 19

1932 unsatisfactory business 

activity There was a net d

which fell off materially for 

from banks and second redu

Reduction of Pay Rolls and Adm

A further reduction in the 

Fleet Corporation was acco

Comparison of total pay rolls 

fiscal year shows that net r

salaries totaling 350 467 w

percent

Comparison of pay rolls a

indicates the total accomplis

tion since the inauguration o

gram at the beginning of the 

employees and annual salarie

been removed from the pay 

tion a decrease amounting t

pay roll

In addition to these reduct

been accomplished in other 

rent traveling expenses and tr

cable charges legal and witne

and other miscellaneous items 

excluding salaries and wages 

preceding year a saving of ap

Reduction of Appropriations

The Independent Offices Ap

did not provide an appropria

Treasury to cover the opera

Corporation and similarly no 

use of the corporation in the 

contrast with the records for 

1923 for instance 50000 

The same amount was appr

years the amounts were gradu

when the amount so appropri

The reductions in these ap

tion thereof for the fiscal years 
SEVENTEENTH ANNUAL REPORT UNI

by the decrease in operating costs 

have been effected during these y

the fiscal year 1933 as describ

Another factor however that ha

these appropriations was the decis

tion and the Shipping Board to m

in certain reserves that had been s

contingencies The use of these 

for the fiscal years 1933 and 193

concurrence of the Bureau of the 

mittee of Congress and with the d

be necessary at some subsequen

meet liabilities which were origina

reserves

SUPPLY AND OPE

Care of Reserve Fleet

At the beginning of the fiscal y

but by the end of the year this to

8 vessels sold to Lykes Bros Ri

vessels held for the United Stat

transferred to the War Departme

authorized to be sold to the Bosto

On June 30 1933 the 246 laid

following points 

Location

New York Staten Island 

Fort Eustis Va James R

Solomon Md Patuxent 

New Orleans La 

Mobile Ala

Seattle Wash Lake Unio

Total

Hog Island Pa was discontin

close of the fiscal year and 6 vess

ferred to Fort Eustis Va Fou

Board at foreclosure sales in Sea

up at Lake Union near Seattle The steamships America and 

at Hoboken were transferred t

passenger vessels have been mo

nance expenses are substantially 

point

Terminals

The pier facilities controlled 

1933 included the terminals at 
58 SEVENTEENTH ANNUAL 

which are owned by the Ship

Brooklyn and Philadelphia 

Department On that date 

by the Merchant Fleet Cor

eased for private operation

The terms of the several 

Merchant Fleet Corporatilo

fiscal year 1933 are outlined 

BostonThis terminal p

Fleet Corporation from July 

date it was taken over by t

newly organized corporation 

received at an advertised op

was submitted The lease a

for a period of 5 years from 

amounting to 20 percent of t

operation of the property wi

annum The lease also pro

continue to receive revenue fr

until June 30 1933

The total revenue that a

direct operation of this term

lease for the balance of the ye

year amounted to approxima

nance expenses totaled 52000 

for the fiscal year

HobokenThis terminal 

facilities has been operated 

Corporation for several years 

year 1933 revenues exceeded m

ing expenses by approximately 

reported for this terminal in m

During the fiscal year it was 

this property Advertisement

weeks and a large number of 

proposed lease were forwarde

advertised date of opening onl

not entirely satisfactory to the 

entered into with this bidder 

a modified agreement acceptab

were still under way at the clo

BrooklynThis terminal co

Brooklyn Army Supply Base 

Terminals for a period of 5 y

The lease provides for rental 
SEVENTEENTH ANNUAL REPORT UNIT

receipts with a guaranteed minimum 

the fiscal year 1933 approximate

Corporation under this lease while 

Corporation saccount totaled 38

to the Merchant Fleet Corporation

PhiladelphiaThis terminal co

prising the classification yard and 

tration yard is leased to the Merch

of 5 years ending August 15 193

amounting to 25 percent of the gros

of the piers with a guaranteed m

The lease further requires that th

improvements in the lumber conc

excess of 50000 the lessee to reim

and for an expenditure of approxim

done by applying the gross reven

the lumber concentration yard 

completed 25 percent of the gross 

to the Fleet Corporation

Early in the fiscal year 1933 du

lessee requested that the minimu

reduced and the Shipping Board au

to 100 0 for the year ending Jun

During the fiscal year 1933 app

Fleet Corporation as its 25 percen

operation of the piers and since th

minimum rental for that year the 

28700 difference Reconditionin

600 for the year leaving a net 

Fleet Corporation Gross revenue 

yard during the year totaling 190

an offset to the cost of improveme

NorfolkThe 2 piers 8 major f

warehouses which comprise this te

Tidewater Terminals Inc for a per

31 1930 This lease provides for 

the gross revenue with a guarantee

and also provides that the Fleet C

extent of83333 at the rate of 

ments previously made to the prope

102 70 accrued to the Fleet Co

terminal while reconditioning an

Corporation amounted to 73400 

this activity

20246 335
60 SEVENTEENTH ANNUAL 

CharlestonThis termina

sion of Charleston for a ter

This lease provides that the 

from the operation of the t

4 percent per annum on the 

If the net profit in any year e

2 percent of the reconditio

net profit in a year should 

two thirds to the Fleet Corp

ing 1933 about 16800 acc

operation of this terminal w

corporation amounted to 10

4800 During the year ap

construction of seven houses 

All terminalsThe opera

fiscal year 1933 resulted in a 

the Merchant Fleet Corpora

at the Charleston Terminal

Fuel Purchases and Issues

The volume of fuel purch

1933 were much less than in 

quantities and costs reported 

of the 1930 operating agreem

responsibilities to managing 

Fuel oil purchased by the 

totaled 147 315 barrels in 1

1932 and the average purc

07618 to 807388 per barre

tons to 1685 tons and the 

4806 per ton

Activities at fuel oil statio

poration were discontinued 

one of these stations were 

fiscal year 1933 This one 

has been leased for a term 

the Pennsylvania Shipping C

Rental for the first year am

the rental is to be fixed by t

the operating results of the 

by the Pennsylvania Shipp

Tank Storage Co The lesse

the property at its own expen

and improvements to place t
SEVENTEENTH ANNUAL REPORT UNI

Storekeeping Activities

On June 30 1933 the inventory 

warehouses totaled 1296 000 wh

warehouse inventories totaled 150

percent Sales of surplus and scr

the inventories about 27000 M

totaling 32000 were transferred to 

without an exchange of funds

The storehouse at Philadelphia 

fiscal year the small amount of m

transferred to the Hoboken wareho

The material and equipment in 

folk and New Orleans is being inve

tions have been issued to dispose o

outfitting vessels in the reserve fleet 

and for terminal maintenance purpo

During the fiscal year in cooper

surplus office furniture equipment 

value of more than 100 0 were 

departments without exchange of fu

TRAF

General Conditions

The fiscal year 1933 was another 

trade The principal reason for u

Americanflag vessels was the decli

and continuing reductions in carg

mained almost unchanged in volum

trade rates In spite of this disco

evidence to indicate that shipping 

depression and that somewhat bette

the coining year This is evidenced 

showing a tendency to become more 

time since 1930 Furthermore ca

increase in volume

Pooling Agreements

Failure of shipping lines to coo

tonnage in operation has been an im

practice of pooling freight earnings 

what since it removes most of the 

tonnage in excess of requirements 

business to lines entering into such 

ration has endeavored to encourage 

the negotiation of such agreements 

acteristic An agreement covering c
62 SEVENTEENTH ANNUA

from New Orleans and Tex

and an agreement in the An

western movement

Pooling agreements are 

Americanflag and Germanf

and between American and f

Atlantic to the Far East

Special Cargo Movements

During the year America

share of special cargo move

tions were under way in c

wheat and flour purchased 

proceeds of a loan of 50

Finance Corporation Whi

of the movement is to go for

that an even greater percen

The Merchant Fleet Co

Board under authority of th

during the fiscal year 1933 

insurance fund which is use

ment slegal or equitable in

adopted by the Shipping Bo

aging the placing of marin

market has been followed cl

ers of vessels purchased from 

vessels constructed or reco

from the construction loan f

fund insurance in excess of 

ket and insurance for which 

such market The Shippin

instances the placing of ins

sideration of the conditions 

in the American market or i

As at June 30 1933 the t

amounted to 54003 775 

vately owned Americanflag 

ance on 61 vessels operated 

amount of insurance was th

covered at the beginning of 

From the date of the crea

ary1930 to June 301933 

miscellaneous earnings tota

policies and administrative 
SEVENTEENTH ANNUAL REPORT UN

ments totaling nearly2300 0 w

settlement of old claims which aro

insurance reserve which was in 

established

Unsettled claims on policies car

merly covered by the marine insur

approximately245 000 at Jun

claims are settled for this estimate

of the marine insurance fund at J

which exceeds by 566 000 the u

end of the preceding fiscal year

The examination of commercia

purchasers of vessels or borrowers 

secure Shipping Board mortgage 

be an important activity during t

576 000 were handled Pol

pensation public liability and au

Merchant Fleet Corporation tota

about 275 cases of personal injury 

tion were handled with the Unite

Commission

The settlement of protection an

to July 1 1929 when the United 

Agency Inc was sold has prog

113 claims were settled for appro

1933 there were 264 pending cla

number of claims revived by the a

Act of June 30 1932 referred to i

FIN

Cash Accounts

During the fiscal year 11 of 

maintained by the Merchant Fl

United States Treasury on July 1 

1 in the United States Treasur

7 other bank accounts maintained 

1933 there remained a total of 20 

the United States Treasury and 

imprest fund accounts maintain

institutions in the United States 

the number of bank accounts resu

placing managing operators un

under which they finance their ve

funds and second the continuat

commercial bank accounts to the 
64 SEVENTEENTH ANNUAL 

on deposit in such banks no

activities of the Merchant F

policy approximately1800 

Treasury during the fiscal ye

Collection of Accounts

During the fiscal year 3502 

insurance premiums amounti

more 193 pastdue accounts 

settled or adjusted At the 

pastdue accounts totaling 230

Securities

Due principally to the la

during the year the face va

Shipping Board and Merc

163 289 000or about1800

of

6

the year Collections of 

681 000 during the year o

4

tion loan notes and 1760 00 

847 000 was collected as in

amount of interest ever colle

total by 632 000 Of the to

to Loans or advances from the 

Collateral Securities

As a result of the closing o

year a large amount of collate

these banks to insure the sa

released At the close of the 

face value of 866 000 were he

being sufficient to fully cover 

time to time various compa

Fleet Corporation collateral 

of contractual obligations an

poration

1

was holding 800 0

143 000in corporation bon

Cash Statement

A cash statement summariz

States Shipping Board and U

Fleet Corporation during the 

in table VII of the appendix

Housing Properties

The 12 properties in Cam

annual report were still held b

fiscal year 1933 During the 
SEVENTEENTH ANNUAL REPORT UN

of these properties were purchase

to the purchasers due to the Ship

title thereto Efforts to induce t

seven of these properties still cov

continued and it appeared likely a

titles might be insured and thes

lawn NJ 3 properties were co

Corporation leaving 57 properties 

pursuant to agreements of Novem

As a result of mortgage foreclos

vacant land at Groton Conn a

delphia Pa were reacquired 

at Brooklawn 2 vacant lots at P

at Groton Conn in addition to t

the fiscal year were also held

ACCOUNTING 

The accounting and auditing 

Corporation were continued dur

change except that the volume 

during this year as it did during 

in the ship operation activities o

of lines and transfer of continuin

operating agreement Under the 

and other records are maintaine

manner prescribed by and under 

Comptroller By this method 

by the Fleet Corporation in conne

required under the 1924 operati

The practice of making periodic 

terminal properties was continue

In addition to the usual routine 

Comptroller sDepartment ther

development of accounting dat

defense of international and ot

which are now in process of settl

The balance sheet as of June 3

ment for the fiscal year 1933 ar

VIII and X respectively

SPECIAL AUDITING AN

The auditing and disbursing 

Corporation has rendered assista

and Finance of the United States 

of the financial affairs of debto
66 SEVENTEENTH ANNUAL 

obligations and in connectio

of the joint accounts that ha

Shipping Board with purcha

construction loan fund who 

tions when due For each 

the office of the debtor expe

officers of the Fleet Corpors

close supervision over the ac

ized diversions of funds or ot

ment receive payment of bala

of the debtors makes that p

siderable progress was made 

standardized and uniform ac

ship operators
APPE

APPE

TABLE IVessels sold and vessels dis

fiscal year end

Name

STEEL CARGO VESSELS

Veneta soldfor restricted operation

on trade routes

American Gulf Orient Line Dixie

Mediterranean Line Dixie

HK Line Southern States

LineAmerican Press 1

Aquarius Cardonia 1

Chester Valley 1 City of Joliet

City of Omaha

Colorado Springs

Conness Peak 1 Cranford Cripple Creek

Drydenuquesne Hanover Edggehlll Effingham Eglantine Eimsport Endicott Ethan Allen 1

Jolee H ber1

Labettel Liberator Liberty Bell

Meanticut Narboshaba Nemaha 1

NIshmaha Oakmanwood Patrick Henry 1

Qufstoonck Scottsburg

Syros Tripp Volunteer 1

Wabanest Camak

West Chatala

West Cobalt

West Cohas

West Ekonk

West Gambo 1 West Harshaw

West Hobomac

Westmoreland 1

West Quechee

West Tacook 1 Western Queen

Winston Salem 1

Youngstown

Total 52

weight Dead tons Gro

ton

8000 51

9599 60

8000 51

8015 60

9841 61

9841 65

10 277 68

8000 51

9841 65

9707 63

10405 58

9848 6 

10 305 6 

9 694 6 

9 703 6 

10 295 6 

9704 63

12648 76

10405 58

9841 65

8000 49

8000 49

11713 7 

8015 51

9373 60

9402 60

9349 60

9841 65

9412 60

9 455 6 

9455 6 

12 648 7 

8 000 51

12249 7

9841 65

8546 57

11850 7

9428 60

8584 56

8426 61

8624 57

8554 5 

8554 5 

8554 5

8624 57

8604 5

9808 62

8624 57

8593 61

8614 58

9841 6 

9808 6

492 358 3143

17 vessels included in sale on which title had n
Name weight Dead tons 

STEEL CARGO VESSELSOntd

Vessels sold under special

conditions

Name 

Biboco 7684 

Natirar 7 400 

Dellwood 5210 

Lake Fitch 9145 

LakeFloris 4145 

Total 5 28584 

Name 

Vessels completely scrapped

Abraham Lincoln

Bellerose Canogascade ObaPpaqua

EasternWindDawn

Eastern Moon

George E Weed

Hickman Kearny Pachet Rockaway Park

Tenafly Western Spirit

Total 15 

Name 

Vessels not complete

Auburn Baboosic Balsam Costigan Eastern Star

Epitaeio Pessoa

envy Clay

Hinckley Indianapolis

Luella Palisades Wauconda Oakland West Apaum

Westwood Western Hope

Total 16

70 SEVENTEENTH ANNUAL 

TABLE IVessels sold and vesse

fiscal year ende

VESSELS 

NOTE125 vessels 1088 985 deadweight to

title had not passed on or before June 30 193
Name weight Dead tons to

MISCELLANEOUS SALES

Wood Harbor tug Wizard 

Wood MotorSailing launch 36 foot 

Norseland

Total 2 

Grand total 90 791 213 5

3

Name 

Transferred to other Government department

SteelLake cargoFernalda

Lake Flagan 

SEVENTEENTH ANNUAL REPORT UN

TABLE IVessels sold and vessels dis

fiscal year ended Jun

1 This total is exclusive of sales price of 31 ships so

of recoverable metal

DISPOSITION OF VESSE

Name

Transferred from other Government

departments

SteelDellwood Lake cargoFaxon Lake Fenn

Kittery

Purchased at court sales

SteelPacific cargoFir

Pacific Pine

Pacific Spruce

Pacific Hemlock

Pacific Redwood

Pacific Oak

Pacific Cedar

Shooters Island

Sag Harbor

Acquired through settlements with

Purchasers

SteelWest cargoCampgaw West Chetac

West Kedron

West Comm

West Neris

West Segovia

ADDITIONS TO SHIP

weight Dead tons

5210 4155

8160 7249 3535 83527 652584070

85916554 63 54227

Gt
Type

Number 

SteelPassenger vessels and cargo

Cargo Transport Refrigerators

Tugs Unfinished cargo

Total

Wood vessels Tugs

Total

3043

307 

Type

P

Number 

SteelPassenger vessels and cargo

Transport Cargo Refrigerators

Tugs Unfinished cargo

Total

Wood vessels Tugs

Total

10 

10 

10 

72 SEVENTEENTH ANNUAL 

TABLE IIVessel property controll

Fleet Corpor

NoraExcludes launches barges and mi

TABLE IIIStatus of vessels contro

Fleet Corpor

Vessels active in hands of operators or charte

CargoOperating in specified services

Idle status with managing operators

United States Army service

Under bareboat charter

TugsSteel bareboat

Wood in service with Reserve Fleet

Total in hands of operators or chart

Vessels inactive with Merchant Fleet Corpo

CargoTied up Spot with Operations Department

Passenger tied uP

Transport tied up

Refrigerators tied up

Tugs wood tied up

Total inactive Beet

Total fleet
SEVENTEENTH ANNUAL REPORT U

ins IIIStatus of vessels controlled 

Fleet Corporation as of 

SUMMARY O

Activ

Dea

b 

Cargo 55 

Passenger 

Transports 

Tgsgerators 5

Total 80 

SEVENTEENTH ANNUAL REPORT U

ins IIIStatus of vessels controlled 

Fleet Corporation as of 

SUMMARY O
Form

ofagreement

04 k 

Og

q tip G

b 

2424 11 a

O 0

t

4

o 4 o4 6d

04GF amGFA FACa 

a0 aa0Ee0 

e o wa w

peat111219 sum FE gli 8 a as 

Z0Alm

w a

aseipPV

42Broadway

New

York

City

925 Whitney

Central

Building

New

Orleans

La

Southgate

Terminal

Norfolk

Va

Broadway 1

New

York

Clty

23

Broad

Street

Boston

Mass

44Whitehall

Street

New

York

City

17Battery

Place

New

York

City

925 Whitney

Central

Building

New

Orleans

La

do do

1

Bat

Pla

Ne

Yo

Ci

Name

of

Itne

and

operator

America

France

Line Cosmopolitan

Shipping

Co

Inc

American

Gulf

Orient

Line

Lykes

Bros

Ripley

Steamship

Co

Inc

i

American

Hampton

Roads

Line

Yankee

Line

Southgate

Nelson

Con

porationAmerican

Pioneer

Line

Roosevelt

Steamship

Co

Inc

American

Republics

Line

C

H

Sprague

Son

Inc

American

West

African

Line

Inc

Barber

Steamship

Lines

Inc

Dixie

UIC

Line

Lykes

Bros Ripley

Steamship

Co

Inc

s

Dixie

Mediterranean

Line

Lykes

Bros

Ripley

Steamship

Co

Inc

r

Southern

States

Line

Lykes

Bros Ripley

Steamship

Co

Inc

2

Me

Cha

Sco

Corpo

74 SEVENTEENTH ANNUAL 

TABLE

WManaging

operators

and

charterers

of

U

S

Shipping

Board

vessels

as

of

Tune30 193S
SEVENTEENTH ANNUAL REPORT U

j

J

cal

gz

Adcez

Efla
acquired 11

sources peen 4g2lem snot

m 

0

76 SEVENTEENTH ANNUAL R

B

qo

tl

8 

he 

a

0

0
SEVENTEENTH ANNUAL REPORT U

F1

zos

F o b O

w w

m

F 

mm m 10T o01

8

000 ST 000 91 028 2 068 8 

im IE m

I

m m

002 113 

r

003

2LZ 003 3 280

700 090 63 00S 18 092 99 048 211 028 11

I38

Imo IY61 w 96 191 1 03I 

00Z 3Z699 La 063663 009 16 19Z

13 I19L 89 OOL LI1 003 311 1

64

on I39I 8

ti1161 IZT 

W

z

921

663 00912 an

13 194 99 COL

211 447

700 

VA o8 ZII IZI

I

SEVENTEENTH ANNUAL REPORT U

F1

zos

F o b O

w w

m

F 
Vessels

owned

June

30

1933 peso g09msung 2

384 90 

tilt 948 

p90d0138 

Vessels

trans

ferred

to

Gov

ernmentdepartments 

108 021 

750

8050p

810 993 

6 

Vessels

sold

1

pugSgsung

98203 

880 

T

Distributed pveQ yg5 0m sa04 e

16

891

LIS

8

216 1

1

Conversion

in

type

E 

igt

9 w 

Total

acquired

from

all

sources pa6Q 1g8 9m stun

00 

adfr

11 

78 SEVENTEENTH ANNUAL R
SEVENTEENTH ANNUAL REPORT U

II

NII

2 co

4R

N

N

9

II

II

Il

II

CO

00

co

11

w

allII VII N

3

VESSELS

PURCHASE

owned

of as

3

30

1933

IDeadweight to

sees

Lost Deadweight tons 

ssels

acquired purchase Deadweight 1003

eddy

SEVENTEENTH ANNUAL REPORT U

II

NII

2 co

4R

N

N

9

II

II

Il

II

CO

00

co

11

w

allII VII N

3

VESSELS

PURCHASE
Total

distributed sa07

009 09LNal

Number

Vessels

owned

of as

June

30

1933 Shot tgSlemPeea 199 

aegmnN

E

Vessels

transferred 9u notempaaa

regmnN

Vessels

lost Mal ggelemPeaa

aegmnN

Vessels

sold sh 9q219 mpwaR

oao 109 b 009

regnmN

NN CV r 

Total

vessels

acquired

by

transfer shot lorempsa a

009 LOOS E

aagmnN

CI CO 01 

ed6y

Cargo

Steel Passenger

Steel

Transports

Steel

TugsSteelWo

80 SEVENTEENTH ANNUAL R

h

a

GO

0w

0

A

no 0

m a

p 0

a

0 m

re m

C 7

F

w mF

FaR W

FL

d d W

@ c A

dFr z

jU W

b Iz

6 tora Ca

A O

G a

E

o 0

a 0a

OR A

O a

a w

G z

c

ID

W

W

C 7

w

W

c
Total

distributed Deadweight tons 818 970 6L93 1

di

Ogmn

39 zW aGV F

Vessels

owned

ofas

June

30

1938 SUN Ig2lempooQ 173811 630

6

ova

TT 

aegmnH

Vessels

transferred Deadweight tons 991 06 684

93

LL9

09 

aegmnN

hN t see 

1

A

gaol Ig 863 L8 occ

I

016 61 11

3 

aegmnN

Vessels

sold gaol Ig2rempeec 169 633 iseu 889

ZLI OS

33 

aogmnN

Ur 881 V 

Total

vessels

seized Deadweight tons

L23

603

cs4

DM 18Z ZOt6396 69

3 

1OgmnN BN 3 gwe n

ed

w

0

F

Ili Soo

gad

WFF0 1

1

em

A

g1dv

2m

SEVENTEENTH ANNUAL REPORT 

EXNEMY

VESSELS

SEIZED
U

S

Shipping

Board

Construction loan

fund

33182

388 51 

Salaries

and

expenses

1933

8167

M9

an 

Salaries

and

expenses

1932 E6

333 88 

Salaries

and

expenses

1931 Et

63

la7od

uu

WU

LUe

8E

NT180 29 292 957 80 69

SSR

Rn 09

PLY

4UG L

123

562

96

gal

1fR

IR

uo3dso

Unexpended

balance

atas

June

30

1932

ReceiptsAppropriations Sales Sales

of

vessels

tugs

and

or

barges

Sales

of

assets

other

than

vessels

tugs

and

or

barges

Total

sales

Operation

of

vessels

revenue

Real

estate

operation

and

rental

revenue

8 6 WC Pk1 

SEVENTEENTH ANNUAL R

TABLE

MSummarized

consolidated

cash

statement

byappropriations

for

the

fiscal

year

ended

June

801988
a

SEVENTEENTH ANNUAL REPORT U

AA Gw6l7 Maaaaaa aAA OviF AAA 

24549 738 63 

L9401 

St

999

6 

Et

128 42 t0LES 26

TS 4327

325

69

651

826 38

183

4084

1

966

482 86 56332 486

222 82 L9860

160 257

071 73

342

390 03 4720

95

2329 65

28

2691380 63 

Disbursements Construction

repairs

and or

betterments

Real

estate

and or

equipment

Dieselization

expense

Total

construction

repairs

and or

betterments

Operation

outgo

vessels

Operation

of

vessels

expense

Vessel

repairsProtection

and

indemnity

insurance

expense

and

losses

Marine

insurance

expense

and

losses

Marine

insurance

premiums

Protection

and

indemnity

insurance

premiums

Total

operation

outgo

vessels

Laid

up

vessels

expense

Real

estate

operation

and

rental

expense

Other

disbursements Warehouse

stores

Appropriations

returned

to

US

Treasury

Miscellaneous

disbursements

a

SEVENTEENTH ANNUAL REPORT U

AA Gw6l7 Maaaaaa aAA OviF AAA 
aol7eiod1o0

see1H

srego iay9

prong

2mddfg9

911

eoueinsalpans Ca

Pte

OAR

e

Repossessed ships

and

trade

routes esnnnnnn 

Dleselira tion

fund eu

till

weal 

Sales

receipts esaadsns

uI 81

269 730 9212760

95

1282 500

87

Liquidation fund

1933

1023 26

88

I

56

786 85

I

I

080

013 73 

Iiquida tion

fund

1930

32 11448 75

a

5eu8oidde sniie a

2361 STZ3L 669 il

5uiluiad0 pan 318 442 538 91 123 562 96761 888 18 

aoIlde0

M

a

m

ti

A

ti

ayp 4

asqv

t4

o

o

e49

oOp

7474

k

tl

to

O

tl

wq

GOv

a2

of4o ao3A

m

Ad

O 

o8

a a ax 

84 SEVENTEENTH ANNUAL 

frti

PI
SEVENTEENTH ANNUAL REPORT 

dm

toei

tScxo 1825 472 57 8660

2

05

9L2

12

UL

ULE

lE 

3

616

33

10329 51193 4

327

325 69 551 826 38183 4084 141010 29

56332 48 6222 82 0191193 257

071 73 342 290

03

4720 952

27

478 78

go 14

ca

pig

R

3

fa

QRGg

pr

t

J

2

4

Q

SEVENTEENTH ANNUAL REPORT 

dm
86 SEVENTEENTH ANNUAL R

TABLE VIIIBala

A11 Cash and unrequisitioned appropriation

A12 Cash and unrequisitioned appropriatio

back from purehasers 

A13 Cash insurance fund Merchant Marin

A14 Cash engineering and development pro

A2 Cash available for settlement of claims 

A3 Cash and unrequisitioned appropriatio

A4 Construction loan and diesehzation fun

A5 Accounts receivable 

LessAccounts

Claim offsets

payable 

Reserve for doubtful or uneolle

A6 Accounts receivable due insurance fun

A7 Notes and mortgages receivable and se

Less reserve for doubtful or uneolle

Plus7amount to be transferred from dieselizat

senting reimbursement ofnet dieselization ch

Less amount to be transferred from operating 

1933 representing excess of sales receipts over 

ments Toal excess sales receipts fiscal year 1932

Less amount transferred to unrequisitioned 

struction loan fund June 12 1933

Total cash and unrequisitioned approp

June 30 193

A8 Stores and supplies reserve fleets 

A9 Vessels equipment and materials 

A10 Land structures and equipment for sa

A11 Surplus supplies and materials 

A12 Accounts and notes receivable for ship 

LessPayable offsets 

Reserve for uneollectible accoun

A13 Real estate groundrent estate and equ

A14 Estimated recoverable value of claims i

A15 Pleet at appraised value 

A 16 Deferred accounts and commitment ch

Total 

L

L1 Accounts payable and unclaimed wages 

Less receivable offsets

L2 Deposits on sales and other contracts no

Less receivable offsets 

L3 Commitments other than dieselization 

L4 Reserve for protection and indemnity i

L5 Reserve for operating claims 

L6 Dieselization commitments and accoun

L7 Reserve for claims settlements and acco

L81 Reserve insurance fund Merchant Ma

L82 Accounts payable insurance fund Mer

L83 Unearned premiums insurance fund M

Reserve for operations of vessels taken 

Net worth as at June 30 1933 

Total 

SCHEDULE ICash and unrequis

purposes 

Cashavailable for general purposes Before a

and in transit to depositories 

Unrequisitioned appropriations

USShipping Board 1933 

Emergency shipping fund 
SEVENTEENTH ANNUAL REPORT U

TABLE VIIIBalance shee

The above total is composed of the following fund

Operating funds 

Liquidation fund fiscal year 1931 

Liquidation fund fiscal year 1932 

Liquidation fund fiscal year 1933 

Coal trade operations 

SCHEDULE 2Reconciliation of cash 

as shown by the balance sheet with t

as at June 30 1933

Total cash and unrequisitioned appropriation bal

1933 

Balance sheet application of the above total

Cash and unrequisitioned appropriations av

0a4

Operating fund 

Liquidation fund fiscal year 1931 

Liquidation fund fiscal year 1932 

Liquidation fund year 1933 

Coal o tradee operatingg fund 

Total 

Cash operating contingencies fund 

Insurance fund Merchant Marine Act 1928 

Cash engineering and development program 

Claims Fundfundestablished by Fleet Corporation a

fiscal ear 1923

USShipping Board 1932 Appropriation ba

USShipping Board 1933 Cash and approp

Chicago World sFair centennial celebration 

appropriation balance 

Amount set aside for construction loan fund a

the Merchant Marine Act of 1920 and amen

Amount

Mar 4

established

1927

as a fund for the dieselizat

Total cash and unrequisitioned appropriation

SCHEDULE 3Cash and unrequisition

United States Shipping 

CashAvailable for salaries and expenses fiscal year 

Available for printing and binding fiscal year 

Available for Chicago World sFair centennia

Total cash 

Unrequisitioned appropriations

Salaries and expenses fiscal year 1933 

Printing and binding fiscal year 1933 

Salaries and expenses fiscal year 1932 

Printing and binding 35551 year 193 

Chicago World sFair centennial celebration 

Total uurequisitioned appropriations 

Total cash and unrequisitioned appropriatio
88 SEVENTEENTH ANNUAL RE

d

0

C

Wy

A

aRcati Ob

C

G

zt

88 82 

g

gn v8 
SEVENTEENTH ANNUAL REPORT UN

7

f

f

co

sg i

8 8

8

8

8

R

alE

oczo

Ca 0

6

PPP
90 SEVENTEENTH ANNUAL 

TABLE XLNames and compensa

in the ser

Name D

E H Adamitz Examiner 

C 0 Arthur Director bu

traffic

Kathleen Baker Senior clerk 

Edward J Barnes Assistant cle

J W Barnett Technical exp

Juamta Berry Junior stenog

Grace S Bertrand Senior typist 

Zelda Blank do 

Ruth Bowsman Junior clerk 

Robert L Boyd Laborer 

Minerva Bradley Clerk 

Harry S Brown Examiner 

Olive Brownell Senior typist 

Mabel O Carragher File clerk 

Lora S Cass Senior stenog

Walter B Castonguay Special expert 

Lettie B Chapman Clerk 

Jean Colwell Junior clerk 

Hutch I Cone Commissione

Emma E Carnes Clerk 

Edward P Cotter Head foreign 

Sydney C Cross Senior clerk 

Blanche M Curry Senior stenogr

Maude Darracott do 

Albert D Davis Cabinetmaker 

Maude S Dawson Clerk 

Thomas H Deckelman Assistant exam

Ernest M Dew Senior clerk 

Margaret E Dowden Clerk 

Dan P Eldridge Clerk to comm

Daniel W Eskridge Head porter 

Margaret E Evans Junior clerk 

Marie D Fegan Clerk 

Caroline D Flanner Senior clerk 

Frederick H Flinn Assistant chie

Corinne M Flynn Telephone ope

Maybelle Fry do 

Samuel Goodacre Secretary 

Charles B Gray Examiner 

Alfred H Haag Special expert 

Miriam G Haley Senior typist 

Ethel Hatton Clerk 

Olive M Henderson do 

Lillian M Hildebrand Senior stenogr

Nettie J Hippie do 

Francis J Horan Senior clerk 

Samuel R Howell Head domesti

James Jackson Unskilled labo

Everett D Kern Special expert 

Marjorie L Kincheloe Junior tabulat

Lottie P King Assistant secti

Olive V King Clerk 

William H Knox Junior clerk 

A L Lansdale Special expert 

Joseph P Lanigan Clerk 

Leon A LeBuffe do 

Gatewood S Lincoln Commissioner 

Thomas Lisi Junior statistic

Eleanor H Lynbam Assistant to di

William S Maginnis Special expert 

Bessie C Mallieote Stenographer 

Julius Manns Laborer 

Lucy A Marsac Stenographer 

Alf W Nelson Port examiner 

Margaret E Nolan Senior typist 

Alice F Nollner Senior stenogra

Maurice J Pierce Chief clerk 

Jeanne E Porton Senior stenogra

Logan Prezler Clerk 

Fred A Quinn Examiner 

Lee E Renck Senior clerk 

John G Reekert Division manag

Manella A Redd Secretary to di

Katherine C Renz Telephone ope

Joseph H Rhodedek Clerk 

George M Rios Examiner 

Lloyd R Roberts Chief filing sec

Vera 0 Rogers Junior statistica

Blanche E Rudd Assistant clerk 
Name Desig

Frank Rusk

John A Russell

Evelyn M Sackett

Samuel D Schell

Ralph 1 Schneider

Marcella R Schuler

Douglas W Seitzinger

Donald W Shannon

Edward M Sheehan

E J Skidmore

Gertrude H Smith

Mary E Soucy

Marietta A Stevens

Elizabeth Sullivan

Walter R Swank

Anna Tiede

David W Todd

Charles W Towle

Ewe S Underwood

Alexis M Uzefovieh

Florence L Vankeker

Emma VonToerne

Margaret M Wagner

May Wagner

next P Ware

George West

Audra F Whitehouse

Cornelia M Willow

William M Woods

Virginia E Woodward

Evelyn H Young

Walter Ziwn

Examiner Senior do stenograph

Assistant secretar

Assistant head for

Stenographer Examiner Multigraph opera

Examiner Chief personnel o

Junior clerk

Secretary to secre

Tumor File clerkoffice draft

Reporter Clerk to commiss

Commissioner

Junior tabulating 

Junior statistical 

Senior topograph

Junior library ass

Senior stenograph

Stenographer

Senior typist

Examiner Under clerk

Senior Typist

Senior stenograph

Aecountant

Junior Clerk statistical 

Senior typist

Name Designation 

Hazel Aiken

Albert H Denton

Evelyn M Gliem

Mina Q Irvine

Irene L Lewis

Henry C Littlefield

Janes J Lucey

M a r g u e r i t e T

McDonough

Jefferson Myers

T VOConnor

Samuel S Sandberg

Hazel C Showalter

Roland K Smith

Thelma E Trusch

Marie C VanArnum

Clerk to commissioner

Commissioner

Clerk to commissioner

Administrative assista

chairman

Clerk to commissioner

Division chief

Examiner Clerk to commissioner

Commissioner Chairman Junior statistical clerk

Commissioner

Senior typist

Telephone operator

SEVENTEENTH ANNUAL REPORT U

TABLE XINames and compensation 

in the service on Ju

Names and compensation of employees 

were separated during the 

20246337

IN

Accounting and auditing report on

Accounts

Cash

Collection of 

Additions to Shipping Board fleet tab

Administrative expenses and pay rolls 

Administrative inquiries special 

Agreements carriers filed 

Albany Steamship Co application fo

Alien seamen recommendations regar

Allotments and appropriations table 

American bureau of shipping 

American Diamond Line construction 

American Marine Standards committe

American Scantic Line Inc construc

American Traveler steamship ex Cam

Americanization of crews

Analysis of total vessel property acq

Appendix

Applications

Loan pending

Loans for 

Appropriations and allotments table 

Appropriations reduction of 

Auditing and accounting 

Auditing and disbursing activities sp

Authority to purchase vessels sold un

the Board recommendations regard

Balance sheet table VIII 

Boiler feedwater treatment

Boston Shipping Board piers at

Brooklyn Shipping Board piers at

Bureau of Construction and Finance 

Bureau of Marine Development 

Bureau of Regulation and Traffic 

Bureau of Research

Bureau of Shipping American

Cambria steamship American Trav

Canadian preferential tariff

Care of reserve fleet

Cargo services cost of

Carriers 

Agreements filed

Intercoastal

Interstate tariffs and regulations

Cash

Account 

Statement 

Statement summarized consolid
94 

Certification of vessels as to type a

Changes in laws relating to divisio

mendations regarding 

Charleston Shipping Board termin

Charterers of Shipping Board vess

Cherokee Seminole Steamship Corp

Claims legal 

Coastwise laws

Amendment to prohibit Voyag

garding 

American Samoa 

Virgin Islands 

Voyages to nowhere 

Collateral to secure deposits in ban

Collection of pastdue accounts 

Colombian Mail Steamship Corpora

Competition unfair foreign 

Complaints informal 

Cone fiI chairman 

Consolidated cash statement table 

Construction and Finance Bureau 

Construction loan fund

Distribution of 

Financial statement of 

Recommendations regarding ex

Recommendations regarding pa

Cost of maintaining cargo services 

Contracts opinions and claims lega

Crews Americanization of 

Damages in collision cases recomm

Denton Albert H commissioner 

Determination of speed tonnage an

Detroit complaints regarding switc

Development program engineering 

Diesel program 

Differentials operating study of 

Domestic Port Section report of 

Employees names and compensation

Engineering development program 

Exenemy vessels seized table VI 

Exports

Expenses

and imports rates to and fr

Administrative reduction of 

Operating retrenchment in 

Extent of vessel operations 

Finance and construction bureau of 

Finances Merchant Fleet Corporat

Finances of shipping companies ind

tions into 

Fires marine prevention of 

Foreign port section report of 

Foreign registry transfer of vessels t

Foreign trade zones recommendation
IN

Formal quasi judicial proceedings 

Free ports foreign trade zones recom

Friction tests 

Fuel purchase and issues 

Fund construction loan see Loans

General counsel office of 

General statement 

Grace Steamship Co construction loa

Gravel Motorship Corporation applic

Gulf Pacific Mail Line construction lo

Hague rules recommendations regardi

Hoboken Shipping Board piers at 

Housing properties report on 

Income taxes on shipping profits Belg

Informal complaint proceedings 

Inquiries special administrative 

Inspection of vessels receiving benefit 

Insurance

American companies 

Department work of 

Foreign companies admitted 

Foreign nonadmitted companies 

Marine 

Reinsurance comparison by years 

Total premiums reinsurance and 

Tntercoastal carriers 

International radio conferences 

Interstate carriers tariffs and regulatio

Labor marine and docK 

Laidup fleet 

Laws coastwise see Coastwise laws

Letter of transmittal 

Lighterage cases 

Lincoln Gatewood S commissioner 

Litigation 

Load line conventions 

Loans

Applications for 

Applications pending for 

Construction 

International recommendations re

Reconditioning remodeling and im

Status previously authorized 

Loss estimated operating table X 

Lurline steamship construction loan 

Mail contracts ocean Government co

Managing operators and charterers of 

Manhattan steamship construction co

Marine and dock labor 

Marine documents surrender of Ship 

Marine fires prevention of 

Marine insurance 

Marine insurance written in the United 
96 

Merchant Fleet Corporation 

Organization of 

Reorganization of 

Report of 

Transfer of 

Merchant marine conference sixth 

Mississippi Shipping Co construc

Model basin research work 

Modification of Merchant Marine 

Mortgages recommendation regard

Myers Jefferson commissioner 

National conference on merchant m

Naval Reserve recommendations 

New OrleansHabana trade route 

New York Habana trade route co

Norfolk Shipping Board piers at 

Northland Transportation Co ap

Ocean mail contracts 

Oceanic Steamship Co constructio

OConnor T V chairman 

Operating and supply activities 

Operating differentials study of 

Operating expenses retrenchment 

Operation of American oceangoing 

Operations during 1933 total resu

Operators and charterers of Shipp

Opinions legal 

Organization

United States Merchant Fleet 

United States Shipping Board 

Panama Mail Steamship Co cons

Payments due on construction loa

regarding 

Pay roll reduction of 

Personnel names and compensatio

Philadelphia Shipping Board piers 

Piers Shipping Board operation o

Placement sea service table show

Port Facilities division report

Domestic port section 

Foreign port section 

Portugal preferential tariffs 

Preferential tariffs

Canada 

Portugal 

Prevention of marine fires 

Proceedings formal quasi judicial 

Profit and loss estimated operatin

Propeller tests 

Purchases and issues of fuel 

Radio conferences international 

Rail rates on canned goods petitio

Rates control intercoastal carrier

Rates exports and imports to an

Recommendations to Congress 
Surrender of marine documents Ship Mortgage Act 1920 47