CO129-422 - Governor Sir May - 1915 [5-6] — Page 806

ESTHOIST 1000 to noktalanØTT

Paraphrase of CYPHER Telegram

GOVERNOR, HONGKONG.

SECRETARY OF STAFE.

22nd June, 1915.

From

„PKORDHORMOWALZVOD

NOTE

To

„ITATE TO EXATIROID

of

Date

.dier,emst #u18

242

796

#tiequ Ira to anot "¿ to trogen dimmoq I val

berluper (ansamak yokk nu? soenglenoo yaki muď TOMIEDOS

.270ɔoata to statostomas Tot

TAM

I obtained the information regarding Jebsen's from

the liquidator. It is not correct. I refer to my code

telegram of the 29th May and my confidential despatch of

the 5th June. Examination of Jebsen's books now shows

that the piece goods department have during the years.

1910-1914 made an average net profit of 4%. The dye depart-

ment have made an average net profit of 7%. Despatch

follows by mail. I send this in reply to your cypher

telegram of the 7th June.

MAY