From the late 1880s changes occurred with steamships replacing sailing vessels. Over time the number of competing trading companies diminished, beginning with Ruge's bankruptcy in 1888 followed by the withdrawal of the DHPG from trading in Tuvalu in 1889/90. In 1892 Captain Davis of , reported on trading activities and traders on each of the islands visited. Captain Davis identified the following traders in the Ellice Group: Edmund Duffy (Nanumea); Jack Buckland (Niutao); Harry Nitz (Vaitupu); John (also known as Jack) O'Brien (Funafuti); Alfred Restieaux and Emile Fenisot (Nukufetau); and Martin Kleis (Nui). This was the time at which the greatest number of palagi traders lived on the atolls. In 1892 the traders either acted as agent for Henderson and Macfarlane, or traded on their own account.