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and that the new organization runs up its flag today. P.D. & co. gives its stockholders a fine holiday dividend and of this I am personally glad as living and travel in this part of the world needs large and quick returns. In answer to your inquiry concerning my departure from Egypt I wired in cipher that I expected to sail on the N.W. Lloyd on January 21st. The "Princess Alice" sails from Port Said on that day and I am trying to get accommodation on her, but as yet, I have