Business: Baltimore on the High Seas

Booming is Baltimore, third greatest U. S. seaport, where Procter & Gamble recently located their new $5,000,000 factory (TIME, June 16). Last week the birth of a promising infant, Baltimore Mail Steamship Co., was announced.

Controlled by Baltimore interests, the company will establish next June the first direct trans-Atlantic passenger service out of Baltimore since the War. Freight and mail (the company has an encouraging governmental mail contract) will be the most important revenue sources. The company will operate five oil-burning ships between Baltimore and Hamburg, must build others to hold its mail...

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