Launched. At Bloehm & Voss's yards in Hamburg, Germany, for Mrs. Richard M. Cadwalader of Philadelphia: Savarona, biggest yacht in the world, 407 ft. 10 in. (65 ft. longer than John Pierpont Morgan's new Corsair, 74 ft. longer than Julius Forstmann's Orion), with turbine engines developing 7,200 h. p., a speed of 17 knots, a crew of 100, built (with a gyrostabilizer) to look like a little ocean liner. Estimated cost: $5,000,000.
Sunk. On a reef off Cape Fear, N. C.: the famed Ingomar, once one of the world's finest steel schooners, built by...
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