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The Yardstick of . .. ... PERFORMANCE EASURED under the rule of efficiency — Earning Power — performance figures reflect the outstanding design and skillful work- manship of vessels built at NEWPORT NEWS. Two unusual cargo ships are now under construc- tion at NEWPORT NEWS. The arrangement of holds, cargo handling facilities and the economy of operation will make a distinct appeal to every American shipowner operating vessels of a similar type which will soon require replacement. Newport News Shipbuilding and Dry Dock Company Newport News, Va. 90 Broad St.,.New York Cit 4 MARINE REvIEw—April, 1934