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Sunday, January 21, 2018

Donald, Stewart & Company


THE enlarging commerce of the United States has its chief outward expression in the wonderful development of trade from the port of New York, in which are engaged many firms active in various departments of overseas trade. Naturally, with the number of entrances and clearances of steamships increasing at an unprecedented rate, the business of steamship agents and ship brokers is one showing an especially substantial development.

One of the firms which during the past few years has been establishing for itself a prominent place in this line is that of Donald, Stewart & Company, of xi Broadway, New York. The firm started in with gooci connections and practical experience in maritime business in various phases, and with the enlargement of demand for tonnage which came during the war was able to put through a number of sales and charters and to carry on a successful business as steamship agents and ship brokers.

In the subsequent period the firm established a large clientele of domestic and foreign shipowners and to build up a successful steamship agency business, in which capacity they take full charge of the port business of steamships, secure cargoes, book freighters and attend to all necessary details, including those required by customhouse regulations and port requirements.

As agents of steamers engaged in general trade to practically all ports the firm is prepared to serve rhe interests of American manufacturers and mer-chants in New York or interior cities who export their goods by furnishing tonnage space for all cargoes or smaller shipments at lowest current rates of freight to any port. In many of the leading ports the firm has correspondents and connections which enable them to secure with their shipments the service of reliable agents to look after client's interests at port of destination.

As brokers keeping in close touch with tonnage conditions, the firm possesses especially good fa-cilities as brokers for the purchase, sale or term or voyage charters for steamships. In connection with the very general readjustment of trading conditions and ocean rates have come many new problems of steamship service, and this firm is well prepared to advise and aid in matters of sale or charter.

Mr. Harry Downie Donald is of Scottish nativity and ancestry, born in historic Dunfermline on October I, 1877, the son of Thomas and Margaret (Downie) Donald. He was educated in the Dunfermline (Scotland) High School and followed with university training. He began his active career in Scotland as a lawyer, making a special study of maritime law. That, and other connections, led him to take up shipping as a vocation, and he came to this country some years ago, establishing his present firm and business, which has continued to prosper under his leadership, aided by able associates, who give expert supervision to various departments of the business.

Experience in shipping matters, faithful and expert attention to all confided interests, and zealous service commend the firm to increasing business connections.

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