AFTER THE FIRE
POSITION AT HAKODATE
QUESTION OF INSURANCES
TOE2O, March 25. . Salvage operations are proceeding with a view to refloating the British 1100-ton freighter Warebridge, which was stranded at Hakodate while fleeing from the conflagration. The crew of forty-five are safe. It has been confirmed that the Hakodate fire loss approaches 100,000,000 yen, of which insurance covers 30,000,000. -'■ • ' > , .-. Of this sum about 12,000,000 is carried by foreign companies, including half a million each by the New Zealand and South British Companies. Half a million yen, which is given as' the amount of cover held by each of two New Zealand insurance companies, is, at the' present rate of exchange, roughly £30,000.
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https://paperspast.natlib.govt.nz/newspapers/EP19340326.2.79
Bibliographic details
Evening Post, Volume CXVII, Issue 72, 26 March 1934, Page 9
Word Count
112AFTER THE FIRE Evening Post, Volume CXVII, Issue 72, 26 March 1934, Page 9
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