High Prices and a Russian Reviewal London, Jan. 9.
The newspapers continue to give prominence to the question of 1 high prices of tea.
A leading tea firm state that an increase in imports during the 12 months ended November 30 last by 51,250,000 Ib. was chiefly due to crops coming forward much more quickly than usual, and a eorrespending falling off was to be expected later, say from April June. There have been surprising increases in exports, and anticipated further demand from America and the Continent as a result-of propaganda and a revival of Russian demand have made large buyers anxious to obtain supplies. Certain forward salex have been made, running into 1927, but these have been ssstly of Java and Sum, land represent only a small proportion of the total production, A decision by the bulk of India companies not to enter into forward contracts for next season's crop is regarded ax
Text read from the printed page and cleaned; old type leaves the occasional error.
