From Messrs. Welch, Lewis & Co.'s Report of 7th September:—Brack Tra.—With a limited supply on offer and a good demand in Hankow for Russia our market has been firm, and only moderate settlements have been made, chidly for shipments to the United States. Te now looks as though our export to England would not exceed 18,000,000 Ibs. against 233 millions last year, Eight years ugo it was {66,400,000 Ibs.
ettlements,—3,049 half-chests at '£13 to $17 a picul.
Stocks,—14,300 half-chests against 42,500 half-chests at same date last year.
Greex Tea,—Something approaching consternation spread amongst shippers of Pingsueys to London on receipt of news of the action of the Customs inspectors there in stopping the import of several parcels lately arrived. At present it looks like a little over-zeal, as lar qualities have been allowed to pass for many years, and they are generally regarded here as merchantable, but if the same vigilance will be kept up steadily through the season, and this action is not spasmodic, it will do good to the Trade, and will prevent really spurious rubbish from being shipped. It has almost become an article in the creed of the native Teamen that Pingsuey can be compete on equal terms with Pingsueys owing to the heavy inland taxes levied on them compared with those levied on Pingsueys. anode out of any thing, even out of the Tealeaf, Country (Green Teas on the other hand are pure above suspicion, but they cannot Pingsueys are in moderate demand for shipment to America, and the only effect of the action of the London Customs on thie market hus been to make Teamen firmer for all Teas with clean infusions.
Couxrry Teas—Are steady at about former rates. 'The second chop of Yikfong" has been sold at P34} a picul, but choice" 'Tena as a rule are not run after as they were earlier in the season, Most of the buy' ing has been for shipment to America; London telegrams ure discouraging.
Settlements reported this week are Pingoue at T1472 a picul. Moyu " Wpass Pienkais. yy 20Ra28 Fychows... " Walk Local packed erty 14,803 d-chests. Stocks:—57,257 d-chests against 27,067 4-chests at same date last your.
Exvort ey Tes To Grear Brirars, From commencement of season to date 1893 fie - 16,160,847 Ibs, 27,643 Ibs, Black.
1892... has 20,004,119 Ibs. 2,648,453 Ibs.
Decrease present season.. seeeeeceseeee 3,893,272 Ibe, 120,810 Ibs, Exront or Tea to THE Usrrep States axp Cayapa, Green. From commencement of season to date 1893 6,216,398 Ibs, 1992...... 4 6,784,877 Ibs.
Decrease present season...
Text read from the printed page and cleaned; old type leaves the occasional error.