 This new company, formed in 1868, was called the Alaska Commercial Company, and did business under this name until 1901.In that year, because of increasing competition in the sealskin trade, the Alaska Commercial Company merged with the International Mercantile Marine Company and Alaska Goldfields, Ltd., to form two new companies, the Northern Navigation Company and the Northern Commercial Company.The original owners of the Alaska Commercial Company, Louis Sloss, Gerstle, etc.