Show DECREASE IN DIVIDENDS liverpool april 22 Frederick leyland co ltd tiie first british line purchased by J P morgan when forming the shipping combine issued a report today tor the 13 months ending with december the directors say that even after drawing from the reserve it Is only possible to pay the preferred dividend tor six months the directors attribute this rise to the epidemic of foot and mouth disease in new england last year stop ping shipments of live and to the inadequacy ot at alantic lantic freights |