RATES OF MARINE INSURANCE AT THE PORT OF NEW-YORK. THE following statement exhibits the rates of marine insurance charged by the underwriters on vessels and their cargoes sailing from and to the Port of New-York, to and from domestic and foreign ports during the year 1886. Prepared under the direction of Mr. JOHN D. JONES, President of the Atlantic Mutual Marine Insurance Company : THE PORT OF NEW-YORK-ITS BOUNDARIES AND PORT CHARGES. THE PORT OF NEW-YORK.-The Collection District of the City of New-York, as defined by section 2535, Revised Statutes : "The District of the City of New-York shall include all such part of the coast, rivers, bays and harbors of the said State as are not included in other districts of the said State, especially the several towns or landing places of New-Windsor, Newburgh, Poughkeepsie, Esopus, Kinderhook and Albany, as ports of delivery only; and a Collector, naval officer and surveyor for the district shall be appointed, to reside at New-York, which shall be the sole port of entry for the district, and a surveyor at the City of Albany. And the President of the United States is authorized, if he judges it expedient, to appoint one other surveyor, to reside at such other place in the said district as he shall appoint. "That all that part of the State of New-Jersey, which lies north and east of Elizabethtown and Staten Island, comprising the Counties of Hudson and Bergen, be and the same is hereby annexed to the Collection District of the City of New-York." RATES OF WHARFAGE.-The following are the rates of wharfage chargeable within the City of New-York, as established by Act of the Legislature. Each rate is for a day of twenty-four hours or any part thereof : "For vessels of two hundred tons or under, two cents per ton; over two hundred tons, $4.00 for first two hundred tons, and one-half cent for each additional ton. For outside berth, when not receiving or discharging cargo or ballast, two hundred tons or under, one cent per ton; over two hundred tons, $2.00 for first two hundred tons, and one-quarter cent for each additional ton. For North River barges, market boats, barges, sloops employed in waters of this State, and schooners exclusively employed in waters of this State: under fifty tons, fifty cents; fifty tons and less than one hundred tons, sixty-two and a half cents, and twelve and a half cents additional for each additional fifty tons or any part thereof. But no boat or vessel over fifty tons shall pay less than fifty cents. For vessels or floating structures now used for freight or passenger transportation: two hundred tons or under, four cents per ton; over two hundred tons, $8.00 for first two hundred tons, and one cent for each additional ton. "For vessels actually in clam and oyster trade: two hundred tons or under, inside berth, one and a half cents per ton; outside berth, one cent per ton. But no vessel shall pay less than twenty-five cents, nor less than for one day. For vessels in the freighting trade on Hudson River and canal boats while loading or discharging, fifty cents; while unloading, thirty cents. But if berth is changed between two piers during any one day, one-half only of these rates for each berth. For goods, merchandise and materials on any pier, wharf or bulkhead, five cents per ton after remaining thereon twenty-four hours. "For leaving berth without paying wharfage, after demand thereof has been made, double the established rates. No bill for wharfage required to be paid unless Chapter 315 of the Laws of 1877 of the State of New-York is printed therein; and any wharfage received in excess of the rates thereby authorized, creates a liability to a claim for damages in treble the amount charged." PORT WARDEN CHARGES.-The following are the rates of charges to be collected by the Port Wardens, as established by Act of the Legislature: "The said Board of Wardens shall be allowed for each and every survey held on board of any vessel, on hatches, stowage of cargo, or damaged goods, or at any warehouse, store, or dwelling, or in the public street, or on the wharf, within the limits of the port of New-York, on goods said to be dainaged, the sum of two dollars, and for each and every certificate given in consequence thereof, the sum of one doliar, and for each and every survey on the hull, sails, spars or rigging of any vessel damaged, or arriving at said port in distress, the sum of five dollars, and for each and every certificate given in consequence thereof, the sum of two dollars and fifty cents, and for each valuation or measurement of any vessel, the sum of ten dollars." OTHER CHARGES.-The following Quarantine and other fees are paid on entering a vessel at the Custom House: Health Officer's fees, each vessel,.. ACT, JUNE 26, 1884, § 15. $6.50 "Six cents per ton for the voyage, provided the total does not exceed thirty cents for the twelve months, except from ports in the Dominion of Canada, Newfoundland, Bahama Islands, Bermuda Islands, the West India Islands, Mexico and Central America, to the further boundary of the State of Panama, as to which it is three cents per ton per voyage, not exceeding fifteen cents per twelve months, and except that none is chargeable on vessels from ports in the Province of Ontario, nor from San Juan, or Mayaguez in Porto Rico, nor from Aspinwall, nor from the Island of Montserrat, nor from Panama." The Port of New-York: Its Boundaries and Port Charges-Continued. RATES OF PILOTAGE.-The following are the rates of pilotage at the Port of New-York, as established by act of the Legislature, passed April 3d, 1884 : PILOTAGE FOR TAKING VESSELS FROM UPPER TO LOWER QUARANTINE. For vessels having had death or sickness on board, double Outward pilotage. Pilotage of vessels from Lower to Upper Quarantine to New-York, quarter pilotage. Extract from the law in reference to unlicensed pilots. SEC. 29. Any person not holding a license as pilot under this act, or under the laws of the State of New-Jersey, who shall pilot, or offer to pilot any ship or vessel to or from the port of New-York, by way of Sandy Hook, shall be deemed guilty of a misdemeanor, and, on conviction, shall be punished by a fine not exceeding one hundred dollars, or imprisonment not exceeding sixty days; and all persons employing a person to act as pilot, not holding a license under this act, or under the laws of the State of New-Jersey, shall forfeit and pay to the Board of Commissioners of Pilots the sum of one hundred dollars. RATES OF COMMISSION AT NEW-YORK. Recommended by the Chamber of Commerce, January 8th, 1857, to be charged where no express agreement to the contrary exists. BANKING. On purchase of Stocks, Bonds, and all kinds of Securities, including the Drawing of Bills for payment of same, one per cent. On sale of Stocks, Bonds, and all kinds of Securities, including remittances in bills and guarantee, one per cent. On purchase or sale of Specie and Bullion, half of one per cent. Remittances in Bills of Exchange, half of one per cent. Remittances in Bills of Exchange, with guarantee, one per cent. Drawing or endorsing Bills of Exchange, one per cent. Collecting Dividends on Stocks, Bonds, or other Securities, half of one per cent. Collecting interest on Bonds and Mortgages, one per cent. Receiving and paying moneys on which no other Commission is received, half of one per cent. Procuring acceptance of Bills of Exchange payable in Foreign countries, quarter of one per cent. On issuing Letters of Credit to Travellers, exclusive of Foreign Bankers' charge, one per cent. Where Bills of Exchange are remitted for Collection, and returned under protest for non-acceptance or non-payment, the same commissions are to be charged as though they were duly accepted and paid. GENERAL BUSINESS. On sales of Sugar, Coffee, Tea, and General Merchandise, usually sold in large quantities, and on credit under six months, or for Cash, five per cent. On sales of Manufactured Goods, and other articles usually sold on long credits, for Commissions and Guarantee, seven and one-half per cent. On sales of Manufactured Goods, and other articles usually sold on long credits, for Commissions and Guarantee, for Cash, five per cent. On purchase and shipment of Merchandise with funds in hand, on cost and charges, two and one-half per cent. Collecting delayed and litigated Accounts, five per cent. Effecting Marine Insurance, on amount insured, half of one per cent. No charge to be made for effecting Insurance on property consigned. Landing and re-shipping of Goods from vessels in distress-on value of invoice, two and one-half per cent. Landing and re-shipping of Goods from vessels in distress-on Specie and Bullion, half of one per cent. GENERAL BUSINESS.-(CONTINUED.) Receiving and forwarding Merchandise entered at Custom House, on Invoice value, one per cent., and on expenses incurred, two and one-half per cent. On consignments of Merchandise withdrawn or re-shipped, full Commissions are to be charged, to the extent of advances or responsibilities incurred, and onehalf commission on the residue of the value. On giving Bonds that passengers will not become a burthen on the City-on the amount of the Bonds, two and one-half per cent. The risk of loss by robbery, fire, (unless insurance be ordered,) theft, popular tumult, and all other unavoidable occurrences, is, in all cases, to be borne by the owners of the Goods, provided due diligence has been exercised in the care of them. SHIPPING. On purchase or sale of Vessels, two and one-half per cent. Disbursements and Out-fit of Vessels, two and one-half per cent. Procuring Freight and Passengers for Europe, East Indies, and Domestic Ports, two and one-half per cent. Procuring Freight and Passengers for West Indies, South America and other places, five per cent. Procuring Freight and Passengers for Foreign Vessels, in all cases, five per cent. Collecting Freight, two and one-half per cent. Collecting Insurance losses of all kinds, two and one half per cent. Chartering Vessels on amount of Freight, actual or estimated, to be considered as due when the Charter Parties are signed, two and one-half per cent. But no Charter to be considered binding till a memorandum, or one of the copies of the Charter, has been signed. On giving bonds for Vessels under attachment in litigated cases-on amount of Liability, two and one-half per cent. The foregoing Commission to be exclusive of Brokerage, and every charge actually incurred. NOTE. The foregoing rates of Commission were still in the hands of a Special Committee of the Chamber for revision at the time of completing this part of the Report. M |