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Show Profits In Shipbuilding. The sale of the schooner Glynn, the first ocean commerce carrier bdlt south of Newport News since the war began, has brought out facts, says the Manufacturers' Record, showing the remarkable profits to be made from shipbuilding and the operatic n of freight ships under war conditions. The company made a profit of 25 per cent on the building of the vessel; her purchaser, James S. Bralley, Jr., re- I celved $52,000 freight for the voyage I to Italy with naval stores and there sold her to French Interests for fflO.OOO. After deducting f21,.r00 for Insurance, outfitting and provisioning and the sal- I arles and wages, the Glynn netted him ! $45,500 in six months. i |