[430] Walker, “Pioneers of Prosperity,” sup. cit., p. 46.
[431] The Merchants’ Shipping Association continued in active operation until January 1, 1894, when Grace and Company agreed to carry on the business on their own account. The first boat to arrive in San Francisco was the “Charles E. Moody,” of 1,915 tons. The next two were the “T. F. Oakes,” of 1,897 tons, and the “Emily Reed,” of 1,488 tons. Subsequently, still other vessels were added.
[432] San Francisco Bulletin, June 24, 1892.
[433] San Francisco Chronicle, August 6, 1892.
[434] San Francisco Bulletin, August 4, 1892.
[435] San Francisco Examiner, August 18, 1892.
[436] San Francisco Bulletin, January 5, 1893.
[437] Walker, “Pioneers of Prosperity,” sup. cit., p. 173.
[438] San Francisco Bulletin, August 31, 1892.
[439] San Francisco Examiner, January 9, 1894. Cf. statement by General John Newton, president Panama Railroad Company, ibid., November 29, 1892.