The evening times., 1900-03-19
THE STEAMSHIP COMBINE
Arranging the LeyIaHd Atlantic
Transport Deal.
An Expert Accountant From Liver
pool Arrives I'm BaItImore-A Re
port That the Company VIII Main
tain n Head OGice I'm LOndOn-The
Array OF Vessels to be Controlled.

BALTIMORE, March 19.-The first step
toward the consolidation OF the Atlantic
Transport Line with the Leyland Line is
the arrival of w. H. Alexander, an expert
accountant, of Liverpool, who is in Balti-
more to audit the accounts of that line
in the Office OF President b. n. Baker
Mr.. Alexander will remain here until the
business of the company is thoroughly
gone over. SO that when the transfer is
made it will be with a full knowledge of
the rights Of both parties.
The Shipping Gazette and Lloyd's
List" OF London under date of March 2
has this interesting article on the Ley
land and Atlantic Transport combins-
ton:
The present year. although only two
months old. has already witnessed one
huge shippiug amalgamation in the Union
and Castle fusion. and yet another huge
deal is now practically completed. as an
nOunced in these columns a few days ago.
The first public indication Of the event We
refer TO was the advance last week in the
ordinary shares of Messrs. F. Leyland Il
Co, and the a@vance has continued. The
Leyland Line will now absorb the busi-
ness Of The Atlantic Transport Company.
and the two concerns will, no doubt. be
ItoIkduf ecu uuutT the Niile OF me uISA-
named undertaking The success Of the
Leyland Line since its transition from the
old st.-le of John Bibby a. Co. has been
very marked. The public did not take
readily to the first fOtatiOn, and the value
of the shares fell from 80 TO 40 per cent.
but the uLdoubted progress and stability
Of the inc became apparent later. and
the stocks have gradually increased in
value until the present notable prices
have been reached.
Besides he old established trades
from Liverpool TO Lisbon. Alexandria,
ConstaEtinOple. Italian ports, and Boston.
the Leyland company has recently opened
a regular trade from Montreal TO Ant
werp. and from Liverpool 10 New York.
and in conjunction with the Wilson's and
FuTness-Leyland Line from London to
Boston. The acquisition OF the Atlantic
Transport services 20 New York Baiti-
more, and Philadelphia viii make the
new concern one Of considerable magni-
tude- and the combined neets viii form
an imposing array consisting for the
most part of modern steamers ar fol-
lows. the figures representing their net
register.
'Leyland Line-AIbanian. 1876: -AIge-
rian. l.131. Almerian, 1910, Alsatan. l.,
/ 1856 Andalusian. l142; Arabian g. 35s,
/ Armenian. 1854; Assyrian. 1.S41; Athen-
! ian OBS; Cestrian. 5.753; Columbian. g.
/ 323. Egyptian 1886, Fabian. I44S, Faler-
{ nian. 1.5OS; Favonian. .46S, FlamiuiSD.
/ 1.416. Flavian. 1887; Lancastrian. 1921
/ Lesbian, 1O1O; Lisbon. 'l0S; Mimic. SO;
/ Oporto, $50; Persian, l.39s; Philadelpb5sn,
Z 1922. Tagur, sos. Victorian, 5.75S; Virgin
I ian. 1906; Winifredian 200 and Caiedo-
nian. Iberian, and Bohemian each build
| ing.
Atlantic nspOrt-MackiIaw =. .050 +,
I Maine. 1913: Manitou. 4.3S4, Marquette.
/ 4.536; Maryland. 1874; Menominee. 444I:
+ Mesaba 4 423. Minnesota. 2.Os0. Montana.
1.Sl2 and Minneapolis building
1t is rumOred that the head Office will
. be established in London under the man
aRement OF Mr. Michael Martin"