A bill to amend sections 5, 6, 7, and 8 of the Intercoastal Shipping Act, 1933, to make public the financial reports of common carriers by water in interstate commerce.

Authorizes the Federal Maritime Commission to require annual, periodical, or special reports from every common carrier by water in interstate commerce. Provides that such reports shall give an account of the affairs of the carrier in such form and detail as may be described by the Commission. Provides that the statistics, tables, and figures contained in such reports shall be preserved as public records, and may be received as evidence for what they purport to be for the purposes of Commission investigations and judicial proceedings.