The Archive · 1902

Tea.—rom Messrs. Welch, Lewis & Cos Circular of 28th July

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Our last Tea market advices were dated rth instant.

BLACK TEAS.—Not much of interest has taken place during the interval. Some rst crop Ningchows have been settled at Tls. 18/22 per picul and show excellent value. Buyers are, however, not eager owing to absence of news from the home markets.

Common Teas have been sold at Tis, 12 per picul.

4:292 half-chests@ Tls. 16 to 244 per picul.

190 @ " 26 BOTT ey @ " 12 to17 on, 6,393 half-chests.

Total settlements to date:—12,647 half-chests against 6,817 half-chests last year. Stock......39,772 half-chests against 28,766 half-chests last year.

GREEN TEAS.—Pingsueys—During the past few days, a considerable business has been done at a decline of Ts, 2/3 per picul. Prices must still give a good profit to the teamen and we may look fora considerable excess in supplies on last season.

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

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