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October, 1925 of the whole package, and furnishes samples representing the exact con- dition of the produce. These samples are sent to brokers’ offices or for ex- hibition to the London sales rooms. In addition to the delivery and warehousing of imported goods, the Port of London Authority ‘also un- dertakes the collection, conveyance and shipment of goods for export, the ton- nage passed over the docks quay dur- ing the year ended March 31, 1924, exclusive of goods loaded direct from barge being 615,349 tons. Such is the power of the London market that there are few, if any, oversea lands which are not indebted to it in some way or other for their American Marine Exposition Li New York Nov. 9-14 HERE is a strong belief today i that the only way the marine industry can ever hope to se- eure the political and financial sup- port of the American people, is for all branches of the American marine industry, ports, ship owners and oper- ators, ship builders, equipment manu- facturers, and organizations, to co- ordinate all their efforts to educate the general public on its true value to the nation. To bring this about is one of the chief aims of the marine exposition to be held in New York at the Two Hundred and Twelfth Anti-Aircraft Regiment armory at Sixty-second street and Columbus avenue the week of Nov. 9-14, 1925. All the other important industries, such as the railways, electrical, auto- motive and mechanical, are far better organized than the marine industry. The automotive industry for instance is generally credited for bringing about about a national improvement of good roads, and securing an indi- rect subsidy from the United States for the building of roads for national defense, which has proven to be the greatest asset of that industry. The only serious movement under way at the present time to co-ordin- ate the efforts of the various sections of the marine industry, which is now gaining momentum, is to have a joint meeting in New York during marine week, Nov. 9-14, 1925—the week of MARINE REVIEW commercial development. Through the agency of the London wool sales the Australian wool trade was built up, and in recent years the power of the London market has been still further demonstrated by the remark- able growth of the trade in frozen and chilled meat, dairy produce, green fruit and other commodities. London is also the key port and entrepot of Europe, the center upon which converge the transport sys- tems not only of Great Britain but also of the Continent, and in sup- plying the markets of Europe, pro- ducers in every country of the world naturally turn toward London ag the central and leading exponent. ity Nea] the American Marine exposition in- cluding Ports and Transportation. A suggested plan evolved this year calls for a Great Lakes exhibit. It is proposed that the cities of the Great Lakes, through their chambers of com- merce or other organizations that really have the progress of these cities at heart, should co-operate in arranging a co-ordinated exhibit to bring out the present and_ possible future developments of the ports, the shipping lines operating on the Great Lakes, the ship yards and their equip- ment, the marine equipment manufac- turers and the industrial and residen- tial features of this great section. Several of the large Eastern ports including Baltimore and Newark have already reserved space for an exhibit as suggested above. The cost of an exhibit, such as the rental of space and the personnel, will be jointly fin- anced by all those who participate in the exhibit. Other interesting exhibits will fea- ture the air and sea forces of the United States navy, the services of the department of commerce, the achieve- ments of the war department’s army engineers and inland and coastwise waterways service. Unusual exhib- its are now being built by members of the American Marine association. Exhibits, for space already con- tracted for, will attract the attend- ance of practically all those engaged 379 in the various phases of the marine industry. Unusual publicity features, and advertising is further assurance that the American Marine exposition is being staged exclusively for the bene- fit of the American marine industry. The rental for space merely covers the overhead expenses of staging the exposition. No salaries or commis- sions are being paid for the sale of space or anything else in connection with the exposition. The American Marine association has been in touch with the various marine societies, and has secured the co-operation of 15 important organ- izations that will convene in New York during Marine Week. , Eastern Steamship Co. Expands Activities The Richmond-New York Steamship Co. has called a special meeting of stockholders for Sept. 22 to act on an offer for the purchase of the com- pany’s property and business received from G. L. Stone, chairman of the Eastern Steamship Co., which has been approved by the directors. Re- ports place the offer for the total assets of the company at from $250,- 000 to $275,000. The Eastern Steamship Co. is one of a group represented by Mr. Stone, all of which are coastwise lines oper- ating along the Atlantic. The plan as outlined to the stockholders will probably net the holders of the 5,000 shares of outstanding common about $10 per share. They are offered the option of exchanging five shares of Richmond-New York stock for one share of Eastern Steamship, which has a present market value $50 per share. : Mr. Stone is also head of the At- lantic Gulf and West Indies Steam- ship Lines, which control the Ward Line, the Mallory Line and the Porto Rico Line. Use Steamers as Hotels The new steamers BOSTON and NEw YORK, which were placed in service last year by the Eastern Steamship Co. in the run between Boston and New York, may be taken to Florida for the winter to be used as floating hotels. Officials of the line are said to be giving the matter consideration. If the steamers go south they will be stationed at Miami where they would aid materially in relieving the housing shortage. These boats would thus be made remunerative at a peri- . od of the year when they are a loss commercially.