CO129-409 - Governor Sir May - 1914 [1-3] — Page 342

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„MINI VILNG to bns Jeyaqqoja Ispuua moT"

to the end of December, 1912, an average profit of at least 50 cents per barrel would have been ob- -tainable on a monthly turnover of 70,000 cesks, for 5 months - 350,000 casks at 50 cents.

From let. January, 1913, the selling price of cement having advanced, an average profit of 81.00 per cask could have been realised on the re- -mainder of the above 687,376 casks less sales of 350,000 at 50 cents profit to end of December - 337,378 casks at 81.00...

At a rate of output of 70,000 casks per month this quantity of 337,376 casks would bring the Company's claim to say 24th. Lay, 1913.

If full supplies of limestone are not obtainable after that date, a supplezientary claim must be forthcomin until they are obainable.

Test River Contractor's account for demurrage on junks stopped by order of Kwangtung Government.......

Hongkong, 27th. Larch, 1913.

340

.8175,000

.8337,378

87,459.

Total claim...

.8519,837.

Q.