In our Marine News Section, we mentioned the fact that the U. S. Steel fleet would probably be fitting out three more vessels next year. By way of contrast, we bring you. this news item dated March 25, 1933:

The Pittsburgh Steamship Co., the vessel division of the U. S. Steel . Corp., will fit out 15 of its coarse cargo steamers beginning the first of April. The engineers have been notified to report at that time. The steamship company operated six steamers in 1932 and the movement of ore began July 1.

Well, maybe 1933 was an improvement over 1932, but the figures don't look very good when we remember that there were 87 vessels in the fleet at the time!

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