Mexico City, June 4.
Oil exportations from ' Mexico uring the year 192] totalled apimately 195,000,000 barrels as against 153,000,000 barrels in 1920, according to figures published recently by the Department of Finance. Taxes from this exportation netted the Mexican Government more than 50,000,000 pesos.—Reuter.
"Over supply of tonnage, taken in conjunction with depleted trade, has had a disastrous effect on shipping and shipbuilding throughout the world. From every part one hears of tonnage laid up and of good ships being disposed of at ruinous prices far below replacing cost, and the 'Annual Summary of the Mercantile Shipbuilding of the World,' published by Lloyd's Register, also tells us that the world's total output for 1921 was about 1,500,000 tons below that for 1920. Nevertheless, an' increased total tonnage of vessels entered and cleared at the Maritime Customs, which, bearing in mind the stag-any atate oft ibe China markets during 1921, causes misgivings as regards the financial results obtain-
"Great Britain has fully main-: tained her position and is again facile princeps: in the matter of Wen lose: Daca ae a 2
tons in 1920. The Japanese flag; succeeded in adding 3.5 million tons to her last year's aggregate and now registers a total of 31.7 million tons. Chinese shipping comes next with 27.1 million tons, which is an increase of 3.4 million tons as compared with 1920, no account being taken of junks, which totalled another 4.7 million tons, while the American tonnage dropped from 4.7 to 4.5 million tons. French vessels entered and cleared recorded a healthy increase of 368,779 tons as compared with the previous year, standing at 1,221,753 tons in 1921, closely followed by the Dutch: flag, which more than double ed its tonnage, thus reaching 1,145,255 tons in 1921, as against
Text read from the printed page and cleaned; old type leaves the occasional error.