THE FASTEST WARSHIP. ‘‘The Times” recently reported, on the authority of its Lorient correspondent, that ‘‘the new French torpedo-boat Fougueux has just broken the speed record for her class in her official trials, having attained a rate of 36.33 knots.” .This is no doubt good publicity from the point of view of the builders of this destroyer, but is 36.33 knots a record? The fact is, as “The Times” itself recorded, that the destroyer Tyrian, designed and built by Messrs. Yarrow and Co., ‘‘obtained a speed of over 45 miles au hour, which Is practically 40 knots on an Admiralty four hours' official trial in deep water." This, it was added, was the highest official speed ever maintained by any warship in the world, and was only made possible by - the large amount of experimental and 'research work carried out by this firm.” It was stated that had the vessel been run in' shallow water,a considerably higher speed would have been obtained. That achievement Is a matter ot upwards of ten years ago.
TAYJIOCK, macshane, and SQUANDERS. Sharebrokers, Nathan's Bulidings, 13 Grey Street lington, Members Wellington Stock Exchange. Telegrams: “Marmion,” Wei-: lington. , , ■ THIRST and Second Mortgages arranged on approved securities at short notice. A number of sums immediately available. Reliable advice on financial matters free to .clients. ■ ESMOND GREIG, Mortgage Broker, 25 Panama Street.- Telephone 42—407. W. GIBSON AND CO.. LTD., 9., • Brandon Street, Phone 41—666, G.P.O. Box 1616, Brokers, have. Money available on all classes of security, any amount to suit borrowers, any length of term, lowest rates of interest, with right to repav. Largest loans arranged this year are: First Mortgage, £125.000-at 6 per cent., Second Mortgage £125,000 at 7_| per cent. We lend from £5O on furniture. stock, interest under will, guaran-. tees, book debts, debentures, shares, etc. Sound financial advice free. MONEY TO LEND ON Household Furniture. Pianos, Motor-cars, Life Insurance Polities, Personal Securities by way of Bonds, Promisory Notes. Loans arranged on the shortest notice: easy repayments arranged. We., also Purchase Interests under Wills, War Bonds, nnd Fixed Deposits. Second Mortgage Moneys arranged. All classes of Loan Business transacted. TELEPHONE 43—412. THE LOAN SECURITY & DISCOUNT COMPANY, LTD., 12 King’s Chambers, . Opposite Stewart Dawson’s. INSURANCE. rpHE OCEAN, ACCIDENT, & GUARA ANTEE CORPORATION. LTD., 324 Lnmbton Quay. Wellington, Workers’ Compensation, Fire. Accident Insurance. MAURICE ARCHER. Manager for N.Z. A LLIANCE ASSURANCE CO., LTD., Assets £30.000,000. Head Office for N.Z., 23-25 Grey Street, .Wellington. R. Caughley. General Manager. ’Phone 42—365. , - ROYAL EXCHANGE ASSURANCE CORPORATION OF LONDON— Head Office fo. N.Z., 113—Ho Custom-, ouse Quay, Wellington,
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Dominion, Volume 23, Issue 34, 4 November 1929, Page 14
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426Page 14 Advertisements Column 3 Dominion, Volume 23, Issue 34, 4 November 1929, Page 14
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