Green "50,000 5, 55 Green 110,000}, Brack.—Buying has continued from day to day and transactions amount to a heavy total. A small decline may be noticed in Shongtams, but these Teas which are fully'a grade below "Common Congou" still cost Is. per Ib. laid down in London. Some purchases during the fortnight show a decline, but on the whole we do not see any material change in prices. "Arrivals of second crop Teas have taken place rather freely and we can report on them as superior to those of last season; prices paid have ranged. from Tls. 23 a 26 showing a decline from the opening rates at Hankow.
Settlements 57,000 chests. Re-shipments 17,000 chests. Stocks (against 83,500 chests last year) 41,600 chests.
The following prices have bean pai Freight £3, Against Oopacks, &e.
4d. Od. per Ib. Is. 2d. 4d. Oonahms 30 =1s.0d. als. 8d Is. 2d. a 1s. b}d, Hohows 1s. O}d. a 1s. 10d.
Greex.—New Pingsueys have been again in active demand and prices have been almost. prohibitive as regards the English market..We do not now think so well of the crop it is on the whole rather coarse in water, doubtless owing to the wet weather which prevailed during the picking of the leaf, but the make of some of the parcels is superior. About 2,500 4-chests New Hoochows have arrived and (though not generally reported) we hear of sales at Tls. 34a 36, they appear to be about equal in quality to those of last season, No musters of Teenkai or Moyune are to hand yet, but we should receive the former in about a week. It is feared that these Teas will have suffered injury from the rains which prevailed at picking time. From the Moyune district we have goud accounts of the quality of the crop.
Stock.
9,900 4-chests....7,800 }-chests.
500
3,100
Pingsueys in boxes in chops al. Freight £2 London, New York, 2d. "3s, dd. per 1b. =75 a 102 cents D.P. Ts. 335 a 72s. Gd. 5, 65 a8 4, 4
Bluck, Swatow & Amo Formosa medium OPIUM.—Since the date of our last memo. 20th ult, there has been a fair enquiry both for Patna and Malwa. The demand for the former has been principally of a speculative nature.
Mara was last quoted Ths. 485 per picul, for best quality new Drug. A good business has een done in this description at somewhat het ter rates, owing in a great measure to aulvices from Hongkong of an advance in rates there, but the markets in the North and the river Ports have not responded in the same proportion, and this market closes again rather quiet at Tls. 495 per picul, for best quality hard cake Drug. "The estimated stock 7 chests of which 1,100 chests is bargaind Opium.
Patna.—Closingquotationinourlastwas Tls. 445 cash and Tls. 443 two weeks time, speculating busi scription and a number of chests Stock, which ishoweverunusually small. Phi hands without reducing the
together with recent advices from Hongkor of smaller supplies to come forward from Cal cutty, with improvement in rates there made this market very firm; new Patna at one time. touching Tis, 490 cash and Tls. 487 on time. The market is again rather quiet, at Tls. 4 cash andi Tls. 468 on time.
New Benares.—Closing rates last quoted were Tls. 433 quiet; there is very little business to notice in this description, and prices have followed in the course of Patna, closing rates aratis. 453. The Stock of Patna and Benares is estimated at 480 chests.
Pursian.—No change to notice.
Matra Pata ests chests Stock on the 761 Receiptsof Op 26
Deliveries. LIG
Present Stock 480
SILK.—The first. week of the past fortnight saw a must excited market, and. it appested that Chinese had simply tw name a price, when the silk was cageely taken Cly foreign buyers; this was caused partly by the fact of several remunerative sues to arrive in London (made by telegram), which induced some of the people who had thus sold ture-enter the market at considerably enhanced rates; but the chief thing which appears have been forgotten is, the probable chance of silk so sold being rejected by the Duyers and thrown back on the seller's hands, which is by no means improbable awin; to the inferiority of this year's silk! When the French mail steamer left on the 8th instant (with 1,640 bales on board) the settlements reached 2,300 bales; these must now be increased to fully 5,000 bales, including 460 bales for the' American mail of the 11th stant, which gives a total of fully 16,000 from Ist June to date. Lingho, Hochow, and. Song-ling satlees appear to have been the greatest favorites, and prices have advanced ally Tis. SSU " 60 per pict! on 0 an increase in. quotations of Tls. 30/40 per picul.
Arr ly and the unsold Stock may be put at 4,000,5,000 bales. The second crop silks are inferior, being very dirty and foul, and many parcels have been rejected owing to being eased with inferior Silk, London value per Ib. 19th May. oon 0 Fam 8 8 ass 0
Ga30 7) 82 a 85 0
Text read from the printed page and cleaned; old type leaves the occasional error.