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and Commander Beckwith, A.F.M., has assessed the present market
value of the 24 launches that have recently been employed by the
16 shareholdes at a total of $197,000; making an average value
of $8,208 per launch.
The piers controlled by the ring are as follows:
the precise nature of the control in a few of the cases in
difficult to discover, but there is no doubt that it is direct
and effective in at least these cases;-
Hongkong. Queen Victoria Street Wharf.
Under long lease from Government to Li Shun
Fan, at a premium of and a monthly rent of
#25: sublet to Song Lan Shang. Known to the
Chinese as "Tai Trai Kiu" Boycott Wharf:
-
as Wong refused to use it or to let anybody
else use it for a long time. Now used for
the night ferry boats of the ring, and for
some launches running to Shek Ki.
Jubilee Street Tharf.
Temporary lease from Government to the Tai
Ian Co. at $75 a month. No premium .
Loung Wing Tharf (Hillier Street).
Permanent Lease to Li Yun Shing and Li Wing
Kwong: premium $31,000 and rent $75 a month.
Morrison Street Wharf.
Temporary lease to Lee Kee Co. at a rent of
$110 monthly.
Lun Cheung: Marine Lot 53.
Permanent to Yau Shui Chi.
Rent $25 per mensen.
Premium $6,000.
qoR
.
17 18
1X T
Kowloon.