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War insurance climbs as war outbreak looms for Hawaii sugar
Hawaiian sugar planters and shipowners react to potential war between the United States and Spain by paying war premiums on cargo aboard the Honey Bee Hyde. Rates rise from 0.5 to 1 percent as firms seek coverage against privateers and naval hostilities. Shippers consider rerouting to San Francisco to avoid ruinous Atlantic rates, with few prospects of sugar dividend relief this year if war blooms.
MENTIONED IN THIS ARTICLE
United States
Spain
Hen F Hyde
New York
San Francisco
Honoluluengar
Honolulu
Atlantic
Hawaii