42
As is usual in the silk trade, the native merchants have during the last 4-6 months made considerable contracts with the foreign firms for delivery chiefly in June, July, August. Some considerable deliveries were made in June, but since a few weeks notwithstanding a good third crop having come forward since, deliveries are daily falling off.
As you will see from the information sent to you direct by each of the undersigned, the contracts they have still on hand are of considerable magnitude and we would therefore ask you to find some means to protect as far as possible our threatened interests.
It is evident that all the silk bought by us from the natives has been sold in Europe and America and that we are responsible for all claims arising from late or non-delivery of these silks.
We are etc,
(Sd) Herbert Dent & Co.,
per J. Zundel,
Reiss Co.
per I. Hug
Per Pro. T. T. Griffith,
G. Hoppeler,
Jardine Matheson Co.
per F. Schirch,