Show NEW STEAMSHIP LINE To Ply Between New York and the West Coast of South America NEW YORK Jan 23A new American line of steamships running from New York t the west of South America by the straits of Magellen is soon to be established estab-lished A cable dispatch received today in this city announced that an English firm of ship builders had signed a contract con-tract with representatives of W R Grace Co of New York for two first class full powered freight steamers with all modern improvements t be used in the new line They will develop a speed of thirteen knots enabling them t make the journey jour-ney from New York to Valparaiso in thirtysix days A third steamer will make up the fleet line and the first steamer is t be delivered by Aug 1 |