Maritime History of the Great Lakes

British Whig (Kingston, ON), Feb. 10, 1883

Description
Full Text

p.2

FORWARDING AMALGAMATION.

The amalgamation of the forwarding companies, says the Montreal Star, now promises to be a much more extensive affair than at first appeared, and arrangements are, it is said, being made to bring the various small steam tug lines and large companies into the arrangements. An effort has, it is said, been made to absorb the Kingston and Montreal Forwarding Company, and it has been reported that the arrangements for the amalgamation have actually been made. This the officials of the company emphatically deny, and state that there is not the least intention of any such action on their part. It is the general opinion that the amalgamated concern is working for a monopoly of the forwarding business, and that there will be some lively competition between it and the Kingston and Montreal Company this Summer. The Managers of the Montreal Transportation Company and the Chicago and Montreal Forwarding Company state that the amalgamation was undertaken merely for the purpose of improving the service.


Media Type
Text
Newspaper
Item Type
Clippings
Date of Original
Feb. 10, 1883
Local identifier
KN.14640
Language of Item
English
Donor
Rick Neilson
Copyright Statement
Public domain: Copyright has expired according to the applicable Canadian or American laws. No restrictions on use.
Contact
Maritime History of the Great Lakes
Email:walter@maritimehistoryofthegreatlakes.ca
Website:
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British Whig (Kingston, ON), Feb. 10, 1883