11,088. This [showing] is the account of Hercules Hunter, Lerwick, who was engaged in the seal fishing of 1865 at 50s. per month, and 2s. 6d. per ton of oil-money; 2s. 6d. per 1000 skins, and 2s. 6d. per ton of bone?-Yes.
11,089. The first entry on March 4, 1865, consists of two advances of 20s. each to account of his first month's pay, and 3s. as his subscription to the Shipwrecked Mariners' Fund, for which Mr. Leask was agent?-Yes.
11,090. The next entry is half of note to Mr. Hay for rent, £1, 18s. 11/2d. Had Mr. Leask undertaken to pay his rent?-Yes.
11,091. The following entries, to the amount of £2, 0s. 31/2d., are for outfit at starting, consisting both of clothing and private stores?-Yes.
11,092. Then follows-insurance, 5s. 10d.: what is that?-The insurance is on the outfit, and it is charged over and above the month's advance. The advance is made by the owner of the ship; and what is over that is at risk, which is covered by insurance. We get it done for them, and they refund the premium.
11,093 Do you employ a broker to effect an insurance on all your advances of that kind?-Yes.
11,094. Then the 5s. 10d. is the amount of insurance paid by you upon the sum of £3, 10s., which was the amount of cash and goods advanced to this man at the time of, or after, his sailing?-Yes.
11,095. There is also a balance of the old debt: was that not included in the insurance?-No.
11,096. On April 27 the man returns from his voyage and receives a payment in cash of 20s., with certain additional supplies; and on 28th April you enter to his credit the sum of £30, 8s. 4d. for wages, oil-money, and skin-money due to him upon that voyage?-Yes; that is the first payment.
11,097. His account runs on from 2d May till 4th December of the same year, when it is settled, during which time he has been upon a whaling voyage?-Yes.