RAS
COPY
Enclosure.
RECO
C. O.
488
937
REG? 8 JAN OF
Freights: For New York via Suez the S.S. Moyune clears today with about 950 tons at 30/. Mail rates remain at 1 cent gold per lb. to Overland points. To London via Suez, Conference owners have raised rates to 50/ per ton, a form of encouraging trade between England and China that is hereby appreciated by their supporters on this side who are quite aware that any well-managed line should pay its shareholders a handsome dividend at 35/ per ton if steamers can be chartered to show a profit at 30/ per ton from China to New York; the exaction of 50/ per ton on cargo from China to London is assuredly a strange way of developing Anglo-China trade.
RAS
COPY
Enclosure.
RECO
C. O.
488
937
REG? 8 JAN OF
Freights: For New York via Suez the S. S.
Moyune clears today with about 950 tons at 30/ Mail rates
remain at 1 cent gold per lb. to Overland points. To London
via Suez, Conference owners have raised rates to 50/ per
ton, a form of encouraging trade between England and China
that is hereby appreciated by their supporters on this side
who are quite aware that any well managed line should pay
its shareholders a handsome dividend at 35/ per ton if
steamers can be chartered to show a profit at 30/ per ton
from China to New York the exaction of 50/ per ton on cargo
from China to London is assuredly a strange way of developing
Anglo China trade.
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