London, Nov. 1.
Recent remarks by a Government spokesman indicating that the submarine menace to Allied shipping is well under control, are amply confirmed by a new list of war risk. insurance rates issued by the Institute of London Underwriters.
The new list comprises a number, of reductions in the case of voyages to, from or in the Mediterranean area.
For journeys between both American Continents and the Mediterranean under the Allied flags, the rate has cropped from 80s. per cent. to 60s. per cent. while a voyage between the American Continents and the Black Sea under the Allied flags is now 80s. per cent, instead of 100s, per cent,—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.