The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1908-09-02

and in India are most encouraging,
and will help to relieve the marke.
in the autumn, and by next year We
should expect to see the beginning
of some Improvement in shipping
The depreciation in the value of
steam shipping has been appalling;
new cargo-steamers of about 1000 tons
lightweight capacity now building, and
which a few years ago easily realized
5000 pounds, have recently been
sold at $4,000 pounds, or about 3
pounds per ton lightweight; and at
this price steamers of similar tonnage
with moderate specifications can be
built today, and other sizes in proper
ton. Secondhand steamers have de-
preciated to greater extent, and some
steamers of about 5000 to 1000 tons
have been sold at about half their
cost four or five years ago. Very lit
tie business has been done during the
last six months, for, though the sup
ply or tonnage is great, buyers ere
scarce, and transactions are difficult
to carry through. In spite ot all this,
forced sales have been but few. Ship
builders are feeling the pinch most
acutely, many yards are empty, and
but few are partially occupied most
ly with liners and special types of
steamers. The competition for new
orders is exceedingly keen, and is
likely to be more SO as the work in
hand is completed. Whether the
price OF steel and coal will fall fur.h-
er is an open question; MessTs. Moss
think it will be likely TO do 50; but
ships are very cheap to build now. and
should attract buyers. That the pres
ent, is favorable opportunity for
men with capital to buy D build. with
late delivery and wait developments,
goes without saying.-Shipping Illus
trated.
IN THE "WHITE SLAVE" TRAFFIC.
A DalzieI's Paris telegram, publish
ed recently in British papers, SAYS:
A telegram from Corunna published
here this evening states thar tae local
authorities raided an oc5an-gojng
steamer which was about TO SAL. and
discovered on board large number |
OF young women, most being under |
age One of the han1sonest was
found in an officers cabin Investiga-
ton showed that every one of the |
crew had brought two or three girls |
on board, and that they had in most |
cases bought the young women from
their parents In some instances the |
girls had gone to the ship on their |
own accord, being glad 20 escape pa
rental control and induced by the |
glowing accounts held out 10 them of |
tneir prospects at Teneriffe. In reality |
the steamer was bound for a West /
Indian port, where the white slave"
traffic is raid to prevail The au-i
thorities had the girls landed and sent /
to their homes, and the steamer sail
ed to a port in the south of Spain. u
~ hot i'll
still on board, telegram was sent to
the Governor of the southern port 10
have the steamer again searched on /
Its arrival.-Shipping Illustrated.
Arrived.
Ital bk Margherita Mas<a 1923, Ge-
noa to Pensacola Lumber Co.
Cleared.
Brit IS Castle Eden, Seabrook, 124I.
Tor Cherbourg, with $4,000 S # sawn
timber, $4,000 # lumber.
Brit IS Winnie, Shotten, 1888. for
with 100000 TT sawn tim
Der, 1912, 600 # lumber.
Sailed.
Brit SIS Castle Eden for Cher
oourg.
Brit IS Winnie for Rotterdam.
LIST OF VESSELS IN PORT.
Steamships.
Brit. SIS. Luchana, Mcdonald, 1884,
Sulfport to Cary & Co
Brit SIS Victoria, Stephens, 20s4. Ha-
Eana to Hyer Bros.
Brit IS Aug Belmont. Clark, 2es7.
Cardiff to Gulf Transit Co.
Brit SIS Chiswick, Mussen, 1886,
AKIN, to Gulf Transit Co. |,
Ships.
Ital ship Avon, Avegno, 1877.
8uenos Ayres to Rosasco Bros.
Banks.
Nor blk Western Monarch, Thorb-
ionisen, 1889, Buenos Ayres, to ]. A.
Merritt & Co.
Ital. blk. Rosa NJ Massa, 1870, Val
paradise TO master.
Nor blk Sterna, Johansen, 1897,