Kirstein and child.
Conner and Mr. E. Dillon, Per att. Kokonoye Maru, from Japan—Capt.
Per str. Amazone, from Marseilles—Mr. and Mrs. Hitch, Messrs, E. Serruys, Knight, Malet de Carteret, Butler, Rex, Ambrose, Baomann, Wilson, and 4 missionaries. From Hongkong—Dr. Molle, Messrs, H. Dauvergne, P. Car-bonnier, Plate, and Sauvergat.
Per str. Argentino, from Nagasaki—Captain Fullerton, Per str. Chefoo, from Swatow—Mr. Sjogren.
Per ste. Ava, for Marseiliee—Rev. and Mrs, W. J. Boone and child, Rev. and Mrs. Palmer, four children and amah, Mr. and Mrs. G. M. Hart, Mrs. Chang and child Messrs. E. Mackintosh, C. Mitchell, Buchanan, J. Rennie, G. Sanders, Ma King-chang, Tao Zu-ya, Chan Fa-chun, Ma Yuyung, Chang Vu-shing, and Chin Shih-yung. For Hongkong—Mr. J, B. Manson, business in the face of moderate stocks in the consuming markets.
Ningchows were first offered on May 17th, and buying immediately began on the basis of about Tls. 10 per picul under the previous year's prices. Other district leaf arrived on the 19th, when it was seen that the crop of Oonams and packs was very inferior, cousin; advance in finest Ningchows of three to four Taels, Oopacks, Oonams, and Onnfas opened from three to four Taels per picul under the year before, and shipments were rushed forward with even more than the customary rapidity, owing chiefly to the fact that natives met the market freely, particularly for the common to medium grades which were bought at unprecedentedly low cost for first crop Teas; finest and choice parcels advanced considerably as the inferiority of each district became more marked.
The foregoing sketch of the Hankow campaign would point to a fair prospect notwithstanding the large shipments, as it might not be altogether unreasonable to conclude that the Home ''rade would be prepared to hold stocks at prices to show a fair remuneration on those paid. 'The reception, however, of the Teas in London soon' dissipated any such view, and it was at once seen that the season 1877x1878 was not going to be a relief to the serious monotony of recent years, but rather that it was to be distinguished for extremely low cost in China and a percentage of loss at home distressingly large.
The system of auction sales " without reserve" was adopted more than ever, at home; and the haste to quit any cargo of low cost exhibited by Importers, was reduced to an absurdity.
We may remark here that, as in every season, there were profits made on Teas from some districts. These were a few Ningchows, Tow-yun Oanfas, Kin-tucks, and the new district of Loong-chun. Prices in London continued to Market Repor change Share Quotations Tables of
Text read from the printed page and cleaned; old type leaves the occasional error.