Hi PD's - Tony... I did not know the answer so asked an old SALTDOG engineer who served his apprenticeship on 2000 ton up & downers on the Australian coast during WWII
So how were they made ?:
* Yes, they were they rolled plate sections
* Yes the sections were stacked one atop another
* Yes they were rolled into complete rings and
butted together
*The butted hoops/sections were riveted to a reinforcing vertical plate
* The hoop/sections were
butted together in the vertical plane and riveted to horizontal reinforcing rings
It appears that the most economic form of construction was to have the vertical reinforcement plates as a near continuous riser & so reported all vertical joints as at the FWD end of the funnel?? - I don't know why :?:
This is but one example from an elderly man's memory - I am sure there would have been many variations

.....Derek