SCALES OF COMMISSIONS AND BROKERAGES
HONGKONG GENERAL CHAMBER OF COMMERCE
Adopted at the Annual General Meeting held May 19, 1903.
Purchasing or selling Tea, Raw Silk, and Cotton
Purchasing or selling Opium
Purchasing or selling all other Goods and Produce Purchasing or selling Ships and Landed Property. Purchasing or selling Stocks and Shares
Inspecting Tea
Inspecting Silk
Guaranteeing Sales
Guaranteeing Remittances
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04
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Drawing or endorsing Bills of Exchange
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Drawing or negotia ing Bills of Exchange without recourse Purchasing or realising Bullion or Bills of Exchange Remitting the Proceeds of Bullion or Bills of Exchange Paying and receiving Money in Current Account Paying Ship's Disbursements
Collecting Freight
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24 per cent. 2
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3
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10
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1
2
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1 8
2
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04
24
24
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Obtaining Freight or Charter
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Obtaining Freight or Charter and collecting same Freight
Adjusting Insurance Claims on Amount Recovered
Effecting Insurance, on the Insured Amount
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24
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01
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Prosecuting or defending successfully Claims, either at Law or by Arbitration Prosecuting or defending unsuccessfully
LO
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Managing Estates and collecting Rents (on Gross Receipts) Transhipping and forwarding Jewellery and Bullion
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2
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5
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Forwarding or transhipping Cargo
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22
Transhipping or forwarding Opium
Goods withdrawn or re-shipped
Granting Letters of Credit
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$2 per chest.
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Commission.
per cent.
For doing ship's business when no inward or outward Commission is earned, 20 cts. per Register ton,
The conversion into Hongkong currency of sterling freight inward to Hongkong, payable in Hongkong, shall, unless otherwise stipulated, be made at the rate for Bank Bills on London payable on demand; and the rate ruling at the close of a mail shall be the rate applicable to such purpose during the subsequent week.
Brokerage on Bills and Bullion
Brokerage on Fire Arms
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Brokerage on Produce and General Merchandise
10
per cent. Payable by Seller,
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Brokerage for Negotiating and completing Charters and
procuring Freight
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1
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Brokerage for Negotiating sale or purchase of Landed Property 1
by Ship.
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