London, Oct. 20.
Newspapers in Berlin say that the contract awarded to the Deutsche Werft to build five motor ships for a British shipping firm, which caused sensation among British shipyards early this year, has a sequel in an announcement that the Deutsche Werft is faced with a serious loss in the fulfilment of the order.
The trade press is exercised ove> the depression in most Germany shipyards and declare that the! Blohm and Voss yards at Hamburg are nearly empty; that the Reihersting Werft is atill closed and unable to complete four vessels, the contract for which it accepted at an uneconomical figure; that the Vulcan yards at Bremen are approaching idleness; and that the Daniger Werfe has paid off 2,000 workers and closed down, The "Boersenzeitung" states that the crisis is so serious that no Star help can improve matters.—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.