WATER TRANSPORTATION "539
ship of such vessels, having 754,000 gross tons, followed by
Norway with 346,000, Sweden with 278,000, and Germany with
276,000. The United States ranks fifth with 267,000 gross tons.
Sales Prices of Ships.
Prices of second-hand cargo steamers followed the trend of freights
in 1925 and fell to a very low level. During the last half of the year,
8 steamers of 5,000 to 10,000 deadweight tons, not over 5 years
old, brought an average price of only $24 per ton. Few sales were
made during the first half of the year. In the first half of 1924, 8
vessels had brought an average of $27 a ton, while 3 sold during the
last half brought $38 a ton. Too much weight should not be placed
on these figures since in such a small number of transactions unusual
factors in one or two sales may throw the average out of line.
Table 28.—Net Tonnage of Vessels Entered and Cleared in Foreign Trade
Thousands of net tons of vessel capacity. Net ton equals 100 cubic feet of space. excluding cabins.
machinery, ete.)
Macg
Tatal..conununene
American. o.oo...
Foreign. ooo.
Per cent Ameri-
Cano eee on.
With cargo (total)...
American. ....-..
Foreign __..._.__
[n ballast (total)...
American. .._.._.
Foreign. __..____.
Total seaports. -.._..
Total northern border
910-
1914
\ver-
aoe 1
18. 819
1,328
as’ 091
4 3
2, 597
3042
“ 555
,022
5 286
Vas
5, Guy
1. 408
Entrances
Total
1093 1 1994
88, 319
88. 299
27,725
38. 594
29, 628
28. 664
41 R
42 4
‘8, 986
21, 125
37, 861
7,333
8, e00
1 an
8, 838
1, 652
7, 156
9, 454
"975
a7R
3 ha
, 26
2 ARS
Sea-
ports
| only,
1025 1008
69, 378 | 55,636 |
21, 149
34 487
an’ W|®_n
30, 773
21, 202
19, 571
18, 605
8, 745
"_RAQ
13,450
17,033
26,417
12,186 |
4,116
3 069
6, 636
12 740
55,636 |
(910-
1914
AVer-
aga 1
46. 579
11, 590
24’ 920
a4 0"
10, 404
8, 996
31, 408
6,175
2, 594
3 58]
34, 065
11. 814
Clearances
Total
Sea-
ports
| | only,
1024 1925 1925
1992 |
686.624 © 88.910
70,228 | 57, 160
27,808 ' 21, 304
12,420 + 35,766
s0al 37.4
27, 932
38. 692
30, 091
28 RIR
41 a
47 7
31, 912
8, 966
32, 946
14,712
8, 966
5.746
53, 216
13 408
53,720
20, 465
33, 255
15,190
9, 626
5, 564
45,750
14, 948
30, 802
11, 410
, "6,448
4, 964
57, 160 | 57, 160
13 068 | _
55, 294
13. 616
+ Fiscal years ended June 30.
Source: Bureau of Foreign and Domestic Commerce.
Entrances and Clearances.
The amount of space available for cargo and passengers in our
foreign trade is shown by the net-tonnage capacity of ships entering
and clearing (Table 28). The total net tonnage of vessels in foreign
trade entering American ports in 1925 was 69,378,000, a record
figure. This was 48.8 per cent over the average of 1910-1914, and
the tonnage with cargo was greater by 55.8 per cent. This difference
indicates more complete use of the vessels, although definite knowl-
2dge on this point is precluded by the absence of data comparing
actual weight of cargo with tonnage capacity during pre-war years