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dick Lingh #STI
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692
& Co. were originally appointed agents. He was also con- sulted as to the appointment of Chinese sub-agents in Yun- Wuchow, Hethow, Pakhoi, Suitong, Yaukong, Sitkee,
Kongmoon, Kwangcho uwan, Swatow, ste and I believe, per-
sonally operated the Hoihow agency for some time.
nan,
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So far as I can gather, this agency was on a
strict oqmission basis and certain charges such as
part of the staff, gedom-man, boat and coolie hire for
landing and transhipping, etc. etc., were debited monthly
to the Tama Co. Further, allowances for leakage to the extent of 6 cases per 1000 were made to the sub-agents,
whose soumission was 10 cents per case. Compradore com-
mission
The turnover Hongkong/Canton, I understand,
1# about 190,000 onses per annum, the "season" being the
five months Octr/leby.
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FINANCE I am not aware as to the method adopted by your
good firm with regard to this, but understand that the Char
tered Bank used to carry the cargo for R.B.& Co each par-
by keeping one key to the Godown, so that deliveries could
only be obtained with the knowledge of both, such delive-
ries being paid for to the Bank against D/O signed by them
Whether this system would be feasible under present condi-
tions, I have not ascertained, but I have no doubt that
similar arrangements could be made with one or other of the
Banks here, I have met of scurés approached the H & S Bank
on the subject, preferring to await your news as to whether