CO129-485 - Governor Sir Stubbs - 1924 [8-12] — Page 182

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in order to raise funds to enter the market. Cheung Tak Shing has been engaged to boil Persian opium, the cost price works out at 8,70 per tel, this is cheaper than Cheung Yick at 89 per tael. This alone means a saving of several hundreds on every picul of opium boiled. In forwarding goods the rule of the guild will be observed, and delivery will be made at Chek Ham.

Note

-

the price for Sugar given above means the price per ball of opium, of which there are 40 to the chest, the quotation for Chek Ham refers to whole chests, and shows how

the leakage of Indian opium into China takes place.

3. Date 20/1. I have sent you a parcel containing 120

labels sach for the Lam Kei and Tin Shing brands through Ah

Ken and Ah Nam Pak in case you have not received them ask

the .8. "Hok Centon". Since the sale of your property hes

not been concluded yet I have had to raine on mortgage in

Chek Hem $10,000 in order to meet the expenses of the

business. The Lam Kei and Tin Shing brand of goods are being got reedy gradually. The Chek Ham price for Round Goode is g8,400 (1.e. balls of opium Indian) Please send me quotations for Hongkong and Shanghai, It is not yet certain when Cheung Tak Shing will start boiling. The stock of (Indien?) opium in Shanghai is said to be about 70 piculs or so please confirm this. Herewith new code numbere for 8.8. "Kwai Wah" and "Shun Lei".

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5. Lam Kei brend No.2 quality goods are being sent to Hongkong.per 8.5. "Heinam" in charge of Lei Taun Bang leaving for Hongkong on the 29th.@han Kin 'long'e son Chan Leung Chun

is in prison, but I am sorry I cannot obey your request to help him as his father has already disowned him,

6. I am sending you 200 Lam Kei No.2 and 120 "Double K's" in charge of Lei. I should have sent a larger amount, but the rest is not yet rætured, as they have been boiled only a short time, andit cannot be safely packed in tine for a

few days.

Note