Salt Lake Telegram | 1902-02-24 | Page 8 | British Shipping is Much Depressed

r SHIPPING T IS MUCH DEPRESSED f. f d Liners and Merchant Steamers 1 i Are Sold old to Buyers Buye s Across tho Atlantic t If 1 NEW YORK Feb 24 Depression 2 Depression in inthe r th the British shipping trade continues i 1 i ays ys a a. London dispatch to the Tribune ind freights which commenced to fall l' l more Imore ore than a year jear ago are now so low as to be almost if not quite unprofitable y r A great number of old liners and merchant merchant mer mer- t. t chant steamers have ha been sold to British Brit Erit- ish an arvI continental buyers to be broken broken- up and many thousands of tons probably probably probably ably will be disposed of before long for forthe the same purpose