Sailors Beware

Sure index of pessimism over the U-boat menace was the 5% increase in marine war-risk insurance rates announced last week. The boost lifted rates from U.S. East Coast ports to Egypt via the Cape of Good Hope to 25%; to India, 20%; Australia and New Zealand, 20%; East Coast of South America, 20% ; West Coast of South America, 17 1/2%.

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