INSURANCE RISKS.

Queensland Times, Friday 31 March, 1911.

INSURANCE RISKS.

As already stated, much of the

Yongala's cargo was insured, but

there were exceptions. One of these

was a consignment from a Brisbane 

firm of merchants to a client

at Hughenden. This client some

weeks ago instructed the Brisbane

firm not to insure his freights in

future. As a result of those instructions, 

the consignment in question

was not insured, and the Hughenden

man suffers for his economy. A

firm at Cairns, stricken with a

similar fit of economy, instructed

their Brisbane agents to cease in

insuring their consignments after the

present month. Needless to say,

the Cairns firm has cancelled those

instructions.

BUCKET-RACK FOUND.

Up to the time of going to press

there were no further tidings from

the steamers searching for traces of

the missing steamer Yongala. The

Tarcoola will not reach Cairns until

some time to-monrrow, and the

Ouraka will occupy some three

days in travelling from Townsville

to this port via Barrier Reef.

Mr. E. B. Wareham, manager of

the Adelaide Steamship Company,

received the following telegram from

Townsville, at 1 o'clock, this afternoon: 

"The Government steamer Teal

yesterday afternoon picked up part

of a bucket rack, 15 miles north

east of Cape Cleveland.