INTRODUCTION. XXXVii 



Grant, Thomas Skinner, John Coles, Sir T. K. Edridge, 

 S. Fleming, C.M.C., R. Stephenson, W. V. Morgan. 



The Secretary is Mr. W. Armit, and the Broker 

 - Mr. E. Harris. 



The capital consists of 100,000 shares of £13 each. 

 The market value of a share is <£15 15s. The last 

 dividend, which was declared on July 22, 1891, was 

 unfavourable, being only 6s. 6d. a share. 



The fleet of the Company consists, among others, of 

 the following ships : — 



Lady Lampson. Perseverance (163 tons). 



9^ ^Lady Head (457 tons). "^Erik (412 tons). 



'^'-^Lahrador (266 tons). Prince Rupert (368 tons). 

 n/^-'-''Titania (879 tons — a barque, formerly an old tea- 

 clipper). 



These vessels make one voyage a year, either from 

 .Hudson's Bay or the North-West coast of America. 

 The York Fort ship arrives in London in September ; 

 the Moose River ship at the end of July or beginning of 

 August ; and the Vancouver Island at the end of 

 November or December. Many shipments are, how- 

 ever, now made by the great steamship lines from 

 Montreal, the transit by steam being more expeditious. 

 Some goods from the North- West district are sent 

 through the West Indies, the passage by Cape Horn 

 being only used for the bulkier and less valuable goods. 

 The Company had a steamer especially constructed for 

 the Labrador salmon fishery, but this business not 

 proving lucrative, this vessel was sold. The voyage 

 from York Fort or Moose River is somewhat hazardous. 

 A ship from the latter was frozen in in 1884, also in 

 1779, 1833, 1864, and 1873. These, however, are the 

 only recorded instances since 1735. 



