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untrustworthy, and mixed up too much opium residue in the boil. There is thus a fine opportunity offered. So have put on the boilers to boil all night as fast as they can, and get ready 5 Tael tins of 1st quality pure Kamshan Opium (will give the amount in a PS) I will give them at once to the engine room of the 8/5 Tai Sze Ma to convey to

you. Mind you take this chance to approach Ching's customers. The cost price of these goods is about 84 sub-

coin, but mind you keep this secret. If you want any more cable. If Cheng has regular customers I suggest you should go into partnership with him. Mixed Opium for consumption in China can be put up for $3.40 cost price. My intention is to boil myself and accept any orders however big or all. I will agree to any arrangement you make with your Sydney friend. Pat Shan says he has

1st class Yunnan raw Opium for sale at $2.15.

If you want to buy Leng Ching (TK C.W monopoly opium) you must pay cash, beacuse these are not illicit goods, and

I have to go the licensed depots and pay cash. I have

not made any arrangements about freight for the opium,

so you will have to pay according to usual tariff of the

trade. For thenext lot the freight will be reduced.

I send by the engine room of the S/B Tại Sze Ma 38 tins of 1st quality Kamshan Opium and 4 one tael tins as 2 sample. The cost price is $4.20 sub-coin.

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