Resales of bundles are reported ax follows:—No. 19s, 69.25'73.00, No. 4s. £71.25/74.25 and No. 16s. ¥76.00/76.50, Frox.—A sudden demand for Newcuwaxc caused considerable competition for the small available stock, the result being that 10,000 piculs, or there abouts, were taken at prices ranging from £19.00 to $19 60 for Tesccuow and best machine ginned, which seems to be rather a long price to pay for wadding for garments! New Cotton has been contracted for at £17.75.
Tea,—From Messrs. Welch, Lewis & Co.'s Circular of 4th September Our last Tea market advices were dated 21st August, rgor.
BLACK TEAS.—Although a fair quantity of musters are on this market, they do not represent "hard" cargo, Teamen have been willing to meet buyers, but owing to large orders received, chiefly for America, they have become firmer, and undoubtedly will remain so. Settlements to the extent of about 9,000 half-chests have been made @ Tls. 11 22! picul. We can quote a rise of Taels 134 a picul on grades from Tls. 13 @ 15 and a Tael a picul on Teas ranging from 'T's. 16 @ 18. Our stocks are small.
Hankow advices report business on Russian account for overland route, to the extent of some 16,000 @ 17,000 half-chests @ Tls. 7 @ 103 a picul, their market.closes very firm with low stocks. There is no probability of any third crop.
Settlements since 21st August, 1901 Ningchow 2,118 half-chests @ Tis, 12 @ 22% a picul.
Hohow 2,403 half-chests.
Total settlements for season to date:—15,755 half-chests, against, 51,953 half-chests at same date last season.
Stock:—32, 188 half-chests, against 13,794 half-chests at same date last season.
GREEN TEAS.—The market continues strong and active, during the interval a good business has been reported, choicest " teas have been sold at unchanged prices. Fair supplies have come to hand, and all descriptions from choicest to commonest have had full attention given to them.
Pingsueys.—Teamen remain firm, latest arrivals are inferior to previous teas, and the quality is not up to United States Government Standard.
Foong Mees and Sow Mees.—Are still in strong demand for shipment to Batoum, and show a rise of Tls. 5 @ 8a picul since our last advice.
ysons.—Stocks are very low now, and owing to the continued demand, prices have hardened considerably, choicest " teas with light water are wanted.
Total settlements since 21st August, 1901.
Pingsuey. 2,355 half-chests @ Tis. Moyune. 10,840 Tienkai 2532 Fychow 2,03t Local pack 24 os En 23,022 half-chests.
Total settlements since opening of the market to date 1901. 1900. 1901. 1900.
Text read from the printed page and cleaned; old type leaves the occasional error.