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Show WAR RISK BUREAU REDUCES RATES WASHINGTON, Nov. 23. On account ac-count of the reduction in ships torpedoed tor-pedoed during the past few weeks, the war risk bureau todavV lowered the insurance in-surance rate on vessels passing through the submarine zone from 5 to 4 per cent. This is the second reduction In cargo insurance rates made by Secretary McAdoo within the last two months, the rate having been lowered on October Octo-ber 6th from a 6 per cent maximum to 5 per cent. Tho British statement of shipping losses last week showed ten ships of more than 1,600 tons sunk, compared with one tho week before. Even tho total of ten, however, is lower than the records of some weeks ago. oo |