CO129-494 - Governor Sir Clementi - 1926 [9-10] — Page 147

TELEGRAPHIC ADDRESS:

"STEAMBOAT. HONGKONG."

CODE A,B,C, 4TH & 5TH EDITIONS.

B

150

Hongkong, Cantan & Macao Steamboat Co., Ltd.

Hongkong,

1st September 1926.

sir,

Pursuant to our interview of 80th July, we have the honour to advise that statements of losses suffered by the Hongkong Canten and ́acao Steamboat Company Limited on: the China Navigation Co., Ltd, as a result of maintaining a daily steamer service to Canton for the peried September 3rd 1925 to 20th April 1926 have now been prepared and certified by Messrs. Lowe, Bingham & Watthews,

Chartered Accountants

We now bag to enclose the following:-

1. Joint Letter fron Lewe, Bingha¬ & Yatthews to our

two Companies dated 26th August,

1923.

2. Letter to the Hongkong, Canton & maono Steamboat Co.,

Ltd. from Lowe, Bingham & Matthews with enclosures:-

a. Summary of working s... "Honam" and 8.#. "Langshan"

b. Appendix 1 Working Account of above vessels.

-

111- Estimated cost of laying up 8.3.

111-

Statement of Expenses

"Hena".

s.s. "iangshan".

3. Letter to the China Navigation Co. Ltd, from Lowe, Bingham

& Vattḥown with enclosures:-

a. Summary of working s... "Fatshen" and 1.1.

b. Statement of Kenthly disbursements.

Statement of estimated cost of laying up.

d. Cammalty Acovunt.

Statement of expenses.

"Kinshan".

The combined loss, as certified by Chartered Accountants, for the period ending 20th April 1926, amounts to $65,329.22, representing