OCR Text |
Show Pacilic Mail Sells Remainder of Fleet Purchasing Company Will Continue Service to Central American Pacific Parts Now York, Deo. 13. Tho Amorlcan Amorl-can International corporation, controlled con-trolled by Interests connected with tho National City bank nnd other prominent flnnnclors, today announced announc-ed tho purchnso of tho entlro remaining remain-ing licet ot tho Pacific Moll Steamship Steam-ship company, consisting ot seven steamships. Tho statement Issued by oillclals of tno American International corporation corpora-tion says: "It has been known for some time tlmt tho Paelllc Mail Steamship company desired to dlsposo of nil Its wssols. Recently It sold to the International In-ternational Mercantile, Marino corporation cor-poration its four largo trnnsPnclllc steamship.'!, tho Manchuria, Mongo-tho Mongo-tho Siberia and Korea. Tho remaining remain-ing vessclB, which havo Just bjen purchased, wero engnged chlolly in tho Central Amorlcan trado. Tho breaking up of this fleet would hnvo taken from tho Contrnl Amorlcan ports on tho west coast all shipping accommodations, nnd would havo practically Bhut oft all trado relations rela-tions between our Pacific ports nnd this part or Central Amorlca. "Since tho organization of the American Am-erican International corporation appeals ap-peals havo boon mndo to It to tnko up tho sltuntlon, espoclnlly with a view of Bavlng if possible, tho shipping ship-ping Bervlco between Pacific ports and tho west coast of Central America. Am-erica. Tho San Frnnclsco Chamber of Commorco nnd tho business men of thnt city protested seriously against tho breaking "P f tho (loot. "In ordor to mnlntnln tho shipping business with Central America so Mint tnulo rolatlrfna can bo contln 'wl, tho flcot has been acquired nnd 111 bo kept intno, enabling n con- manco of tho service for tho pros-nt." |