|
ཙནྡྷོ, !
Б.
41
Liverpool & Globe Insurance Co.
Accounts. Featly kepty but no abstracts of departmental
working even taken out. Working on a capital of $ 80,000
loaned by the Shanghai Office, the following are the nett
returns since 1891.
1891 Loss.
1892 Profit.
$ 1,001.
63.
1903 Profit.
1904
TH
108,248.
123,818.
1893
8,848.
1905 Loss.
12,487.
1894
M
6,564.
1906 Profit.
35,304.
1895
H
68,356.
1907
W
38,068.
1896
14,756.
1908 Loss.
281.
1897
10,621.
1909 Profit.
40,074.
1898 Lobs.
38,944.
1910
33,334.
1899 Profit.
23,191.
1911
11
24,778.
1900
48,694.
1912
1901
1902
52,526.
1913
" 8 mths 17,015.
16
!
38,700.
71,760.
4
This gives an average annul profit for the past ten
years of $ 23.829 or 29% on the capital of the branch. Jebsen & Co. Very wealthy Firm with large shipping
business interests. Principal houses in Hongkong:- piece goods, Dyes, sundries, shipping, and asmall export business.
Dyes. Agents for the Badische Anilin und Soda Fabrik, The amount outstanding on who consigned the goods free. dyes alone at the commencement of the liquidation was
661,472 for which there was no security whatever except the Compradore's guarantee.
The dyes were distributed
The total amount
through the subsidiary Firm of Sin Kee run by the Compradore with Chinese demonstrators, guaranteed by the Compradore was $ 2,286,507, and his own securities consists of a mortgage on godowne of $100,000 and $ 17,000 in cash.
Imports. The goods were all paid for cash against documents in London or Hamburg and financed by House Drafta discounted in London by the Direktion der Disconto Gesells-
The documenta
chaft and the London and Hanseatic Bank.
B
No comments yet.
Private notes are available after approval.