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Leyland line, later to be transferred to the Furness Withy His next command was the S. S. Poromac, of the same line, engaged in trade line in command of S. S. MARIANA. between North and South America. In 1910 Captain Donnelly became marine superintendent of the United States Steel Products Co., export subsidiary of United States Steel Corp. and operated under the trade name of the Isthmian Steamship lines. Isthmian line was organized in London, and James A. Farrell, there at the time, gave the company its name, Isthmian, inspired, so it is said, by the anticipated open- In the summer of 1914, at the outbreak of the World war, all Isthmian ships were trans- ferred from British to American registry, to be operated ing of the Panama canal. Incidentally, the trade name. by the United States Steel Products Co., under the Isthmian Capt. Donnelly is an honorary member of the Maritime Exchange and of the Alumni association of the New York State Nautical school. proper training of boys for the merchant marine. nual address to each graduating class has long been a fea-. ture of the occasion. Recently, in New York, 200 of his friends in the shipping world, or aS many as could be accommodated, tendered him a testimonial dinner, at which he was toasted as the dean of American ship captains. The captain sailed May 16 on the S. S. Sree, Exporter, on a trip around the world. The sailor is on a holiday. He has done much to promote the His an- I.M.M. Shows Lower Net Profit During 1930 The annual report of the Inter- national Mercantile Marine Co. for the year ended Dec. 31, 1930, shows a net profit of $1,252,284, after de- preciation on steamers, bond inter- est, charges and taxes. This com- pares with net of $2,423,350, after the above charges, in 1929. The 1930 net is equal to about $2 a share, while that of the previous year was equal to about $4 a share. The severe decrease in the Ameri- can export and import trade and the reduction in travel caused the lower net for 1930. During the year the company com- pleted negotiations for the Roose- velt Steamship Co. Inc. No cash con- sideration was involved in the trans- action, 25,000 shares of Internation- al Mercantile Marine no par value stock being given for the entire capi- tal stock of the Roosevelt company. Earnings for the first three months of this year have not equaled those for the corresponding period of 1930, the report states, and no improvement is predicted for the near future. World's Largest Dock The Southern Railway Co. recent- ly placed a contract for the construc- tion of the world’s largest graving dock with John Mowlem & Co., Ltd., London, which is to be ready by the autumn of 1933 in order to accom- modate the new giant 73,000-ton Cunarder now building on the Clyde. The cost of the new dock, includ- ing extensive dredging operations, is placed at about $9,250,000 and its construction will give employment to many thousands of men. Prelimin- ary plans have been completed and the work of excavation will begin shortly. It will be necessary to ex- cavate to 87 feet below the quay level, and this will involve the removal of about 1,250,000 tons of material. The graving dock which will be lo- eated at Millbrook, Southampton har- bor, is to be 1200 feet long, 135 feet wide at the entrance, with a depth of 45 feet to the top of the blocks at 56 high water. These dimensions will make it the greatest dock of its type in the world as the present 60,000- ton floating dock at Southampton is a record holder. The length of the new Cunarder which the dock will be ready to ac- commodate in the fall of 1933, will be 1018 feet and her beam 115 feet. Lake Ferry Sets Record An ocean liner would have to sail four times around the world in one year without laying up for repairs to equal the record recently established by the carferry Criry oF FLINT, on Lake Michigan. This ferry, owned by the Pere Marquette railroad, made 1010 trips in 363 days without a lay-up for repairs. The length of each trip is just 100 miles, making a total of 101,- 000 miles covered in all. The City or Frint, flagship of the Pere Marquette carferry fleet on the Great Lakes, was built by the Man- itowoc Shipbuilding Corp. and is equipped with General Electric pro- pulsion equipment. It was in contin- uous service from April 8, 1930, to April’ 6 this year when it entered the shipyard at Manitowoc for govern- ernment inspection. Up to the time it left the run, it had operated continu- ously, including day and night service in all kinds of weather, spending only two hours in port for loading or un- loading freight cars. Todd Shipyard Profits The annual report of the Todd Shipyards Corp. issued May 21, showed net income of $927,980 for the fiscal year ended March 31. Wil- liam H. Todd, president, in his state- ment to the stockholders, points out that extensive improvements costing approximately $1,800,000 were made at the various plants. These im- provements were made out of the funds of the corporation without bor- rowing, aside from a purchase money mortgage of $142,500. Liberal re- serves, he stated, have been provided for depreciation and contingencies and the company is in excellent posi- tion to derive the fullest benefits from the business revival, when it does come, MARINE REVIEwW—J une, 1931 Appointed Representative for New York S. B. Co. James Swan, for a number of years superintendent of marine construc- . tion of the New England Steamship Co., has been appointed New York representative of the New York Ship- building Co., Camden, N. J. Graduating from the Massachu- setts Institute of Technology in 1891, Mr. Swan studied naval architecture at the University of Glasgow. Begin- ning his practical work with the New- port News Shipbuilding & Dry Dock Co., he joined the New York Ship- building Co. in 1900 as chief of the hull scientific department. He con- tinued with this company for 17 years, the last five of which he was assistant to the president. In 1917 he accepted an appoint- ment as general manager of the Her- reschoff Mfg. Co. and in 1921 he be- came president of the Groton Iron Works. Prior to his connection with the New England Steamship Co., he served as editor of Marine Engineering and Shipping Age. Club Re-elects President E. F. Clark, president of the Pro- pellor club, Port of New York, was unanimously re-elected to head the club for another year at the annual election held May 15 at 56 Broad street, New York. <A. M. Tode was named vice-president; W. Z. Gardner, secretary, and J. H. Thompson, treas- urer. The following were named mem- bers of the board of governors: Benn Barber, J. A. Erickson, W. C. Gray, J. J. Nelis, E. M. Roberts and R. H. Wager. Their terms expire March ol, 1994. All speed records for vessels of her class were recently shattered by the French destroyer ALBATROSS on her re- cent trial off L’Orient, the vessel reach- ing a speed of 421%4 knots and at times 43. The speed exceeded the expecta- tions of her designer, the contract calling for 37 knots and 70,000 horse- power. On her trials the ship devel- oped 90,000 horsepower.