The Archive · 1893

Also 223 piculs Old Silk Wadding to London

Tea.—From Messrs, Welch, Lewis & Co.'s Report of 31st ult—Our last "printed" Tea market advices were under date 17th instant.

Brack—Shortly after the departure of the last French mail a moderate business was done at full rates, but the transactions of the past week are hardly worth recording. Holders, however, are unwilling to accept any general decline at present, though there appears little reason for being conservative. Nearly all the stock here was bought by native speculators in Hankow, and it would show a loss if sold now at buyers' ideas.

From Hankow we learn that Russian houses have turned their attention to the held-over first crop Teas, and fair settlements have been made of these and of third crops. It is estimated that the Russian export will exceed last year's total by about ten million pounds.

The following settlements are reported since 18th August

Text read from the printed page and cleaned; old type leaves the occasional error.

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