AnnualReport-1933 — Page 231

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Appendix V.

Extracts from the accounts of a smuggler of Raw Chinese Opium from Wuchow.

A. Received from Kong Kei, 1st consignment, of Wing Wo brand:

Taels 1,011.1 net at $1.97 Canton $1,991.81 Commission Packing Sales account (i.e. Hong Kong Currency)

Sold 680.1 at $2.10 = $1,428.21 2.02 36.00 298.6 at $2.12 = 633.03 $2,061.24 Less commission 97.80 Remitted $1,968.44

B. Received from Ming Kei, 2nd consignment, of Wing Wo brand:

30 parcels net 1,530.4 at $1.97 Canton $3,014.88 Commission Packing Storage Sales account (i.e. Hong Kong Currency)

Sold 492 at $2.12 = $1,043.04 551.3 at $2.06 $1,135.67 412.1 at $2.10 = $865.41 $3,044.12 Less commission 145.50 $2,898.62 3.08 54.00 153.00 Amount remitted

C. Sales from 17th day of 4th moon to 20th day of 5th moon (1933) 5,343.1 taels $11,381.34.

= 20 separate purchasers in quantities varying from 43.6 to 841.7 taels, at prices from $2.05 to $2.20 per tael. No reduction The highest price obtained was in the 4th week of the 4th moon, the lowest in the 3rd week of the 5th moon. was made for large quantities.

N.B. $1 Canton small coin = 70 cents Hong Kong. Canton bank notes were at a varying discount compared with small coin.