Green 60,000 Black 1,321,000 Excess.
"Green 2,000,000 45 Hankow advices now reach the 14th inst. Musters of Ningchows and teas from he nearer Oopack and Oonam districts began to arrive on the 8th ivat., but teamen lid not show them till the 13th inst., by which time some 70 musters had come to und, chiefly of "Oolong" kinds. The market was opened on that day by the purchase of & chop of fine Ningchow at Tls. 40, but no other settlements were reported ill the 14th,. when about 7,000 }-chests found buyers at Tls. 34a 41}. The first set-loment is said to show an advance over last year's opening rates of fully a Tael per vious, and'the market closed very firm. The crop was spoken of favourably, but it ras too early to form any accurate opinion of it. The next steamer will probably tung advice of a large business having been as the majority of buyers from hanghai had not reached Hankow. At Kiukiang a few settlements had been made, mounting to 4,500 4-chests at Tls. 384 and 40}; the few musters shown were not ufficient to enable any reliable report of the quality of the crop being made, the first top was however expected to exceed that of last year.
From the Ping-Suey district it is reported that the cost of teas is 10 @ 15 per ant, higher than leat season, there having been considerable competition owing to the creased number of hange, "The quality is said to be good and the crop large. Mus-may be expected here in about two or three weeks time. Little information has ached na from the Moyune and Teenkai districts, but we are led to expect higher rates van last year, Export to Great Britain is as under—
1871-72. 1870-71, 72,602,798 Ibs... 62,470,329 Ibs, 8,279,144, 839,220
3; 80,899,872 Ibs... 70,809,549 Ibs. Export to United States and Canada—Brack. 1,940,204 Ibs... 618,877 Ibs.
Green 20,503,266 we 18,502,946
SILK.—The business done here during the past fortnight, consists chiefly of Rereels for America, and Szechuens and wild Silks for Europe, in all about 300 bales.
From a table printed below, it will be seen that the native consumption amounts for the past twelve months to 38,000 bales. This may give some ides of the importance of China aa silk-growing country, as the crop cannot have been far short of 100,000 bales New Season's Prospects.—Presentaccounts of the crop are rather confliéting, but the Silkworms are certainly not doing so well as at first. Mulberry leaves by last reports were very cheap on account of Large numbers of the worms having died when reaching their. last stage.
Loud complaints have been coming from every side in Europe, about the bad quality of China Silks for the past sea son. The Chinese show a willingness to do better during the coming one, We hope they will carry out their designs, and that foreign buyers will not hurry them to bring their Silks on the market.
Few musters are expected for the following French and English mails.
Text read from the printed page and cleaned; old type leaves the occasional error.