CO129-494 - Governor Sir Clementi - 1926 [9-10] — Page 170

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