LOSS OF LINER.

Timaru Herald, Volume CXXXIV, Issue 18844, 6 April 1931, Page 9

LOSS OF LINER.

INSURANCES ON MALABAR United Press Association—By Electric Telegraph—Copyright (Received April 5, 5.5 p.m) LONDON, April 4. The “Times” says that the wrecked Malabar now on Sydney heads was insured in London for £190,000. The underwriters value the ship’s cargo at £250,000. VESSEL BREAKS UP. CARGO COMING ASHORE. United Press Association—By Electrlo Telegraph—Copyright SYDNEY, April 4. It is estimated that 150,000 people visited the cliffs at Long Bay yesterday and viewed the wrecked Malabar. The ship has now broken into three sections, and cargo of every description is being washed ashore. LINER BREAKING UP. POUNDED BY ANGRY SEAS. United Press Association—By Electrlo Telegraph—Copyright (Received April 5, 11.30 p.m.) SYDNEY, April 5. The rapidity wherewith the Malabar has broken up surprised many thousands of sighteers who paid a return visit to the scene to-day. Fifty feet of battered bows are swinging parallel with the amidships section. The two parts are lashed together with the steel hawsers. The underwriters are selling the derelict on Tuesday. The stern has also broken off, and only the merest portion is showing above the water. The wreck is now lying close under the cliff, and is being pounded by heavy seas. Two men who stepped aboard yesterday, and removed the compass, were pursued by the police over the rocky ledge, and were finally caught. They will be charged with the theft of the compass and also a lifeboat. Kegs of beer floated under the cliffs, and men risked their lives in order to recover them. Beachcombers and souvenir hunters are operating in hundreds. The inquiry into the loss of the Malabar will open early in the week.