CO129-481 - Governor Sir Stubbs - 1923 [8-12] — Page 168

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Document 76

78

Letter Ng Wai Sang to Taz Tsoi and Wa Po.

According to your order I sent 22 cases of "native rice" per compradore of s/s Hanoi, cost $26981.28. The shipping Co: refused to reduce the freight, because the goods were not up to

a certain amounts finally they agreed to charge $75 per case to include all expenses,

....There is very little

difference in the various quotations, every body is asking

$1.55. But In Shu has benught at $1.53. Out of these goods

give 44 cases i.e. 9 tins to Li Sham. The 60 taels short on the former consignment make up from these 9 tins,

Letter Is Jai Song to I Shan dated 22nd March 1923.

Chief Engineer Hung of the s/s Tai Sze Ma has delivered to me

3 letters from you also a cable code. In the new synicate I note

that you are taking $5000, I agree to your proposal that I should

take $3000. The lat consignment already sent by me, we will bring

into the new syndicate, and share the profits accordingly. I am now sending by the s/s Tai Sze Ma 20 tins of 1st class pure raw

Opium, weight about 9000 taels. I leave the disposal to you, 10

tins are our Co's goods, 10 belong outsiders, please keep the accounts separate. The goods cost $2,30 sub-coin net, discount

is 2 per cent. I have not yet got the weights for the goods, which I have bought and will be sent off to you on the 30th (April 15).

I am sending my younger brother Wai San to look after them, Because the new consignment of Bengal Opium has arrived, I am very hard pressed for money, so I ask you to collect the promised share money, and send to me in order to pay for the 2nd consignment. If the dross is hard to dispose of, you can send it to Kwongchow

Van, cable as soon as the goads arrive. At present Raw Government

Opium is sold for $2.15 per tael, the percentage yield is low, but the appearance of the goods is fine. I don't know if there is a market for it with you. Money must be paid on delivery.

.ER

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