Roosevelt Standard | 1919-07-30 | Page 2 | U. S. Ship Losses $30,000,000

1 S SHIP LOSSES war risk bureau paid damages on that were lo 10 lost st during durina the war washington just how spectacular was the rise in ship values during the war was shown in an announcement by the war risk bureau that the standard oil comp company anys steamer john D archbold first ship insured by the government agency was protected by a policy for in 1914 but when she was torpedoed in 1917 1017 lier her insurance had been increased to the marine and division of the bureau paid loses on vessels with a tonnage of and on lives lost by the hazards of ar total monetary losses amounted to about