Green Tew—On reference to the [second paragraph of our retrospect of last year's business, we cannot but marvel at the report we have now to present to our readers, it being for the most part a recital of continuous losses and disastrous results to all concerned in the Trade.
At the close of season 1873-74, profits were advised on October and November shipments of 3d. a 4d, per Ib. These advices had the usual effect of bringing forward extra supplies of the leaf, which being shipped off at the equivalent of London rates,—on the advanced seale—met a ro-acting market, and lost heavily. Some expectation was formed, therefore, that opening rates of the current season would be reasonable; the moderate stocks held in London and New York also afforded some confidence to operators at this time.
The increasing popularity of Japan Teas in America has stimulated their production considerably; so much 80, as to interfere seriously this season with ordinary calculations regarding the shipments of Green Tea from this Port. The preference now given to steamers for early shipments direct to
Text read from the printed page and cleaned; old type leaves the occasional error.