TELEGRAMS:-"CELESTOR", LONDON. -"EXPLANATE, HONGKONG, SHANGHAI, TIENTSIN
CODES:- A. B. C. 5TH. ED., WESTERN UNION, BENTLEY'S.
OR SINGAPORE.
ING
TERED A C
MATTHEWS,
MNTANTS.
F.N. MATTHEWS, BIKAOSS, O
R.A.E.PATERSON, A.C JOHN FLEMING, C.A. E. F. HARDMAN, C.A.
SHANGHAI:-
TIENTSIN!-
LONDON:-
GLEN LINE BUILDING. 128. VICTORIA ROAD. 51, FENCHURCH STREET, E.C.3.
AGENTS: LOWE, BINGHAM & DUNMAN,
LAIDLAW
BUILDING,
SINGAPORE.
TELEPHONE
506.
CHARTERED
BANK BUILDING,
160
QUEEN'S ROAD CENTRAL,
HONGKONG,. 26th August, 1926.
The Hongkong, Canton & Macao Steamboat Co., Ltd.,
and
The China Navigation Company, Limited.
Lear Sirs,
We have the pleasure to attach, with their respective
reports, Summaries showing the additional Losses up to 20th
April last incurred through placing your Steamers on the Canton
run last year.
After making due allowance for the estimated expense
of laying the versels up, which would' have been the alternative,
we compute the losses at :-
H.K. C. & M. S. Co.
C. N. Co.
"Honam" and "Lungshan"
"Fatshan" and "Kinshan"
38,166.80
$27,156.42
making a total Loss of $65,323.22 through reinaugurating the
service.
We are, dear Sirs,
Yours faithfully,
Lowe dinghaus Matthend