The sun., 1903-02-24
nEAvER LINE SOLD TO c. p. n.
Price Paid 10 the Eider.Dempste Com.
pany Said to he ~ .xOO.OOO.
'pee,ai Cable Dsspoteh to The SuH.

Special Cable Dsspoteh to THE SUI,
| LONDoN, Y,o. x5.--Il was uincialIy re-
ported to-day that negotiations for the sale
| Of the Beaver Steamship Line TO the Cana
dian Pacific Railway Company have been
| concluded
Officers Of the Elder -Dempster company,
| which has controlled the Beaver line. an
nounce that the whole Beaver line fleet is
! included in the deal.
1t Is stated that the Canadian Pacific paid
& 900, but this cannot be confirmed. II
is understood that the transfer includes the
passenger and freight steamships OF the
Canadian service now carried on by the
Elder-Dempster company, with which the
old Beaver line has been merged and that
the Liverpool company will retire entirely
from the Canadian trade.
Sir Thomas Shaughnessy. president OF the
Canadian Pacific Railroad. to-day ofhcially
confirmed the report Of the purchase OF
the Beaver Line Of steamships from the
Elder -Dcmpster Company There are
fourteen ships Sir Thomas declined to
state what the purchase price Is. but II Is
understood TO be about G5000o0. Sir
Thomas said:
I'VE have now almost completed the
negotiations which have been under way
for some time past that we might secure
an Atlantic service Of our own for both
passenger and freight traAf1c, and all that
remains to he done is to just a few details
and then we commence to operate our own
line. The transaction has been completed
entirely without regard to the question of a
Government subsidy.
Among the details which have yet to be
arranged said Sir Thomas. "is that OF
remuneration by the Government for the
carrying Of the mails, which comes within
the scope Of the operations Of the passenger
steamers.
rive steamers OF the feet" Sir Thomas
added. will be devoted to passengers and
cold storage. tn" passenger boats being
he Lake Manitoba the Lake Champ IA,
he Lake Erie, the Montfort and the Mont
agile. h Montfort, the Monteagle and
he Lake Erie are equipped for cold storage,
Is are also the fregh, steamers Monterey
md Montcalm, which arc constructed :,
hat they can BE- adapted for the passenger
service should such become necessary
The average speed Of the vessels constl
Dting the fleet is understood to be about
10 en- knots, and the tonnage ranges from
bout $500 to nearly 1900.
The Canadian Pacific will probably con-
nue. to run the steamers from the SAM
o Is as at present Montreal in summer
ID ST joins and Halifax and Portland
~ winter. but this is subject, Sir Thomas
aid. for further consideration.
Sir Thomas was asked whether any faster
passenger steamers than those included
IA the list would be built for the company
The pr, sent purchase" he replied, is
imply the nucleus Of fleet
The following are the vessels that have
cen acquired
Lake Manitoba. twin screw. built ia)i:
gross tonnage, s.s52; passenger
Lake Mich gan, twin screw. built 1902?
gross Tonnage. 200: freight.
Montreal. twin screw built 1890 gross tom
mage. $50, freight
Lake Chsmpia'n. twin screw. built 1900;
gross tonnage. 6,5a8 passenger.
Lake Erie. twin screw. built 1900. gross tom
mage, 1850 passenger
Milwaukee, single screw. built 1897, gross
Tonnage, 7,ai9 freight
Noun, Royal. single screw. built 1898; gross
tonnage. 7.o4I freight.
Monterey. single screw built 1908: gross
tonnage. 5,443: freight
Montcalm, single screw, built 1897; gross
tonnage 3 100 freight
Montfort, twin screw. built 1899 gross
Tonnage, 5,tsl: passenger
Nonteac'e. twin screw. built 1893 gross
'onnavo. 5ts1; plssnuger
Non,ros". single s rev. built 1891 gross
tonnage. h.A3l: passenger
Nontczrma. twin scr"w. built 1899 gross
tonnage. 1.3,5, fire. ght
Mount Tempo. tw n screw. built 1901 gross
Tonnage = .BjS fro rht