The sketch of the Fisheries of Japan, Ly Mr. Okoshi, which we noticed in a recent issue as having been produced by that gentleman for publication in the series of special papers ed, with the imprimatur of the, in connection with the International Fisheries Exhibition i London, waa read by the author (a correspondent informs us) before a Meeting in the Conference-room at the Exhibition on the 28rd October. The perhaps better attended thi boon anticipated on a day when the subject was s0 remote from having any practical application for the majority of those likely to attend the conferen< ies of were held under the tly, our corr followed the paper withjlively Apart from the merita of paper itself, the ciroumnstances made the occasion not 'a little remarkable. Ble, Sonoda, the Consul in London and Com-joner for Japan at the Exhibition, was appointed by mission to supported on the platform by some other Comminioners and two English gentlemen connected with Japav. The Japanese Minister and Madame Mori were unfortunately unable to be presi nor were there more than thr cly, of Japanes in the room. But this made the peculiar-cee gathering presided over ould we say Inter-gentleman at an
by a Japanese Chairman, 1 & paper written by himself in the gi language, before an Engl i metropolis! Itis no wonder that unique suggested matter for reflection to those present who knew—ns who doesn't, in outline, at least?—what Japan was twenty years ago or leas, Quo of the subsequent apenkers, who caused some merriment by his mantler of at once announcing himself Irishman—a fact which his' audi would have had in di ere long for country of nature's most abundant neglect there harvest of the son,' lost for wai of the gath ing. Reade: of our notice of Mr, Okoshi's Paper, ill be, inferented, to that recommendation to. anfu quilted himself honorably of his duties x" president, but spoke at ame considerable Tongth with combined fluency and deliberation asf he had been accustomed to andre nees in their own Ianguag related the humble show ntry at South K cused his countrymen on the legitimate ground of the more calla of the National Fisheries Exhibition held at the seme time in Tokio. Our correspondent adda that the compli observations of th irmun, were really evidently by the Btecting.—Japan il, cerely made and cordially responded to 'THR TEA TRADE, Tea is 40 far a perishable commodity, that by the time the new on's arrive the old are found to have to the extent of some pence in the pound. Itis, therefore, impossible to contrast current market prices with those, ssy leat, and to any that because cv1 Yongou then suld for dd. per Ib, and worth @ there has been of 14d a pound. Higher grades of tea measured in this way would also exhibit " marked improvement, for which, however, the fact that x yea:'s later growths. are in the market would be mainly answernble. Nevertheless, when we come to compare market values with what a your ago, sone sort obs ble in the lower qualities, lite of the recent depression; thou this cannot well be suid of the fir criptions, either of China or Asi The 1¢8 the China serson open atthe end of June have been exceedingly heavy 5 and thi 4 forward of plies would under orliseey circumalances have tended to depress quotations more considerably than before. Last year it was remaked that #0 1 wu range of prices for China tens had w ussly ruled tens into the autumn werable for not a little of that depression. Now, however, the new have been imported, and brought to market even more rapidly than last deux, as the following 3582, 116,217,000 100,°05,000 90,002,000 91,013,000, Paid duty daring "the amic period 00 a7, 005,000 23,9000
As the annual home consumption and the res! at the at 203,000,000 Ibs—this we the meres total of 1882—we have thus imported i four months sufficient for the needs of j.and although duty has heyn paid ed quantity, the stock in a8 comparatively moderate to 116,200,000 Iba, The comparative position of stocks in bond, us on the Slat October in each yenr, is follows 1660, 165, 881,880 cee Stock, 20,2095 104,827 987,908 8,661,108
Thus, the exceptionally high figures of 1882 have been surpassed, and there is derably more than half a ye consumption in first hands. of Trade return do not stocks na they do the imports, avd thus the proportions of Chinn und ind have to be left to estimates. These in some mensure diter, but roughly, it may be mid that Congou (including Packlin, Ovpnck, Moning, and Ningchow) reprogents about 80,000, 00 Ibs; all other descriptions of China tea, including Sou-chang, scented, and green, 12,000,000 Ibs and Indian 20,000,000 Ibs, the' balance representing Jupan, Java, Ceylon, and other teas.
Another statistical point in connection with the tea trade is worthy of observation, Although nearly two-thirds of our yearly imports of Chinn teas may be said to rench us in the four mouths July-October, the same rule does not apply to Indian tea, which comes to hand at the of the yenr, mainly in November, December, and January, which is "a soon season permits. Hence, the large the past four months leave out eration the Indian season almost In a comparatively small way, a feature of the year has been the additional attention paid to Ceylon tea. industry, which Ceylon planters have taken up since the failure of the coffee bids fair to flourish make a much more important mark upon trade than it does at present. inferiority of Japanese and Java teas becomes more and more pronounced, Chere can be little doubt that China ters would not have fetched the price they did in Sey tember but for the fear of a war between France and China, and the con sequent closing of the China ports. This in itself stimulated rapid shipments, and extensive clearing out of China markets, now that we have obtained aatuck of those descriptions of te for the senso are comparatively pendent of fresh imports, the relapse in prices since the middle of September be randily accounted for.
Both Indian and teas have participated in the fall, and the prospects of another very tea year are pronounced enough, Meanwhile, Messrs, eiuachs? advice apbesra ts be'sound, Phot firm remark—"It ie not the quantity of tea offered at public suies which influences adversely at present our market, but the fret Ut most Of the teas printed are of the sume dose tion, being during the post month second crop black leafs and medium grad Soumooe, Panyenys, and Chingwos, wh latter hare been forced down tox lower level than we have ever known them before. This brings us back to the point that if porters will sell their produce as incomes to hand, we must have large quantities of teas of similar description offered simul and as the consumption will only absorb " given quantity, prices must fall sutliciently low to offer wu inducement to buyers tu sperate beyond their immediate wants, The distributing trade muar they wish to profit by this state of th vgs change their mode of buy-Tustend of buying as they live done thereto such tens they may be temporarily in want of, they must regulate their purchases according to the sexavit of the yenr, when importers will breva the respec live grades for sale, and any loss of rent and intereat they may iver will be more than compensated Cly the differences in wishing to Establising if there in an opening factory, in thei district, All id recipes for the of aking Lemonade, Soda Water, is giveu—provious knowledge is not necessary. The demand for there drinks, in all pairs of t that the outlay for the machi Teas to a profitable and logue forwarded free, or can be had at the office of Unio paper on paytuent of 1s.—Bakxerr ax Fouster, Engineers, 230, Forston Street, London, N.
Text read from the printed page and cleaned; old type leaves the occasional error.