CO129-494 - Governor Sir Clementi - 1926 [9-10] — Page 151

TELEGRAPHIC ADDRESS.

"STEAMBOAT. HONGKONG."

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

154

Hongkong, Canton & Macao Steamboat Co., Ltd.

Hongkong,

1st September 1926.

Sir.

Pursuant to our interview of 30th July, we have the honour to

advise that statements of losses suffered by the Hongkong Canton

and aone Steamboat Company Limitel an' the Chim Navigation Co.,

Ltd, as a result of maintaining a daily steamer service to Canton

for the period September 3rd 1925 to 20th April 1926 have now been

prepared and certified by Messrs. Lowe, BinghaTM & atthews,

Chartered Accountants

• noa bag to enclose the following:-

1. Joint Letter from Lowe, Bingha¬ & atthews to our

2.

3

two Companies dated 26th August, 1926.

Letter to the Hongkong, Canton Lacno Steamboat Co.,

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

a. Summary of working s.3. "Hona¬" and 8.5. "Lungshan"

b. Appendix 1 Working Account of aheve vessels.

d.

111- Ustimated cost of laying up .s. "henan”.

111-

.. Statement of Expenses

Luneshan".

Letter to the China Navigation Co. Ltd, fre: lowe, Bingham

& Watthews with enclosures:-

a. Summary of working s... "Fatshan" and s.s. "Xinshan"

b. Statement of Monthly disbursements.

6. Statement of estimated cost of laying up.

d. Casualty Account.

.. Statement of expenses.

The combined loss, as certified by Chartered Accountants, for the

period ending 20th April 1926, amounts to 365,323.22, representing