London vid Bombay, Jan. 11.
Telegrams from Calcutta state that 2,620 chests of opium were sold there yesterday at an avery price of Re, 3,365 per chest. The Government of India has already made Rs. 358,00,000 over the Budget estimate and there are 5,240 chests more to be sold before the close of the year.
Tu regard to the message stating that the Indian Government would continue the reduction in the opium output by ten per cent, the reduction will only hold good for the year 1911. Further action on the part of India will depend upon the negotiations now proceeding at Peking—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.