The Archive · 1939

London Tea Brokers

London, July 5.

Mincing Lane refuses to allow itself to be unduly disturbed by reports of the difficulties of tea brokers whose cheques are alleged to have been returned marked "refer to is claimed that any Ni wat trouble that has arisen is purely temporary and is likely to be "well looked after."

"Meanwhile, tea auctions in London are proceeding as usual, and prices are not to be affected.

Competent circles are extremely reluctant to divulge information, but it is understood that the situation arose when brokers were told by a large client that he -was unwilling to continue loans advanced to brokers against forward purchases of tea on behalf of a client—Reuter.

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

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