SHIPPING MERGER
U.S:A. ENTERPRISE. United Press Association.—By Electric Telegraph.—Copyright.] NEW YORK, August 2. The control of the International Moreliantile Marine founded by the late. Air Morgan, with a fleet of forty-six vessels, with a tonnage of 427,000..t0i>5,has passed to the Roosevelt Steamship Company. Messrs Croit Roosevelt, Basil Harris, and John M. Franklin, are to be the Vice-Presidents of the new company. Air P. A. S. Franklin remains the President. The disposal-of the International. Alarine’s foreign tonnage is planned by the new company, in order to develop American service. It is also reported that the Pennsylvania and Bhltimqre-Ohio Railroad Company is interested in the Roosevelt line, which operates, a fleet of twenty-four motor .ships from Atlantic ports to the Far East. It is understood that these will merge with the new company.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19300804.2.20
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 4 August 1930, Page 3
Word count
Tapeke kupu
131SHIPPING MERGER Hokitika Guardian, 4 August 1930, Page 3
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in