CO129-027 - Public Offices - 1848 — Page 479

Appendix.

Report on the Tea

Trade.

[ 62 ]

CANTON PRICE CURRENT.

35

[63]

GREEN TEAS.

472

Appendix.

Report on the Ten

2d January 1832. East India Company's Purchases: Bohea

taels picul 13 a. 15 Congo

6th December 1844. Public Merchants' Purchases:

24 a. 28

Bohea Congo, old

per picul 10 a. 17

COUNTRIES.

GUNPOWDER.

HYSON.

YOUNG HYSON. HYSON SKIN.

TWANKAT.

Trade.

10 a. 15

Campoi

Souchong

Pekoe

Twankay

Hyson Skin

19 a. 34

52 a. 60 22 a. 28

18 a. 28

Ditto, new Caper Souchong Pekoe Twankay

30 a. 44

16 a. 21

13 a. 54

26 a. 90

Hyson

Gunpowder

-

42 a. 58

Hyson Skin

51 a. 61

Hyson

Gunpowder, Imperial

30 a. 38

22 a. 36

20 a. 80

England Russia -

New York

New Orleans France Portugal

Per lb. 5s. 6d,

14/7 a. 38/10

Per lb. 38. 6 d. 11 a. 8

Per lb. 2s. 3 d.

3/6 a. 4/2

2/7 a. 3/8

5 a. 2

3 a. 10

5/6 a. 5/10

5/0 a. 5/1

5/5 a. 5/7

20 a. 70

Holland

4/0 a. 5/10

2/8 a. 3/6

Bremen

4/5 a. 5/0

2/10 a. 3/0

Hamburgh

-

PRICES at the Public Tea Sale, London, 27th July 1844.

Dantzig

Frankfort

S.

d.

s. d.

Denmark

none -

·

Congou

per lb.

- 10

Roman States

8/7

4/9

Ditto

-

Ditto

10

11

Lubeck

Trieste

Ditto

] 4

Average price per lb.

1 33

Ditto

1 8

Ditto

1 10

Leghorn Sicily Naples Canton

3/7 a. 6/0 5/0 3/1 a. 3/7

8/0 a. 5 3

3/4

none-

none -

7/8 a. 9/8

13/4 a. 1/50

2/11 a. 4/2

3/10 a. 4/10

8/4 a. 9/2 4/0 a. 4/1

9 a. 8

2/5 a. 3/5 3/8

1/5 a. 2/6

none -

none -

6/8 a. 7/6

none -

none -

Per lb. 28. 1d. 7/9 1/10 a. 2/8 2/7 a. 2/10

2/10 2/11 a. 3/4 2/6 a. 2/8 1/2 a. 1/5 1/2 a. 1/10

none -

3/9 a. 6/8

none -

none

2/5

2/10 a. 2/11 2/6 a. 2/8

1/5 a. 1/10

2/1 a. 4/2

none.

none.

1/8 a. 2/1

none.

Per lb. 2s. 2 d. 6/9 none.

3/4 a. 3/8

2/0 a. 2/2

none.

+

1/10 a. 3/0

1/4 a.

none

2/2 a. 2/8

6/0

7/4

Souchong

2

1

2/8

2/2 a. 720.

1/10

1/4 a. 486

1/4 a. '000

-

ditto

ditto

-

2 2

Ditto

2 2

Pekoe

3

Ditto

3

Twankay

1

Ditto

Hyson Skin

Hyson

-

Gunpowder

1

1 6

2 10

112209

ditto

ditto

3

REMARKS.

13

ditto

ditto

1 21

2 1/

-

ditto

-

ditto

1

6

ditto

ditto

2 10

3 1

ditto

-

ditto

3

1

Ditto

3 2

Average Price per

Jb.

2

2

The charges there, freight, &c.

Charges in London

Estimating the cost price in China

Profit to merchants exporting

There remains charges and profit for salesmen, &c.

I

3

5

-

3

-

1

2

-

2

2 2

SALE PRICE OF TEA in England and on the Continents of Europe and America, according to the Consular Returns, and the Continental Price Currents about that Period; reduced to Sterling Money by Dr. Kelly's "Çambist," and by the most respectable mercantile houses.

COUNTRIES.

PEKOE.

Per lb.

33.

21/4 a. 29/2

none used

-

-

England

Russia -

New York

New Orleans

France

Portugal

Holland

Bremen

Hamburgh Dantzig Frankfort Denmark Roman States

7/1 a 10/5

5/10 2. 0/0 4/7 a. 7/0 3/4 a. 8/4 3/4 a. 10/11 7/8 a. 13/6 5/0 a. 10/0 none used .

BLACK TEAS.

BOUCHONG.

Per lb.

2 s. 7 d. 14/7 a. 17/6 1/8 a. 2/2 2 a. 4

3/11 a. 4/8

2 s. 3 d. 11/8 a. 12/7

BOKEA.

Per lb.

COMPOI.

CONGOU.

Per lb.

Per lb.

23. - d.

8/9 a. 9/8

1 s. 6 d. 5/10 a. 6/9

1/5 a. 1/6

1/8 4, 1/11

3/2 2/1 a. 2/3 2/0 a. 2/3

none.

1/8 a. 2/0 1/6

none -

2/6 a. 2/8 1/11 a. 2/6

3/4 a. 3/6 2/8 a. 3/5

-

1/4 a. 2/0

1/5 a. 1/7 1

none -

none -

3/4 a. 4/8 2/6 a. 2/8 4/0

2/6 a. 34 2/5 a. 2/8

none -

1/6 a. 2/1

6/4

Lubeck

4/10 a. 10/6

Trieste Leghorn

none - none

1/1 a. 3/0 2/9

none -

1/9 a. 2/2

Sicily

Naples -

Canton

2/2 a.

3921/11 a. 922

3/7 a. 738

none .

1/4 a. 1/8 1/4 a. 1/7

2/6 a. 3/4 2/1 a. 3/0 2/4 a. 2/6 4/0 1/2 a. 1/10

None -

6/8

1/0 a. 1/1 1/2 a. 1/3

none.

1/1 a. 1/3

none.

none.

1/8

3/4

4/0

1/4 a. 150 0/9 a. 666

England.-Average prices at which 30,483,552 lbs. of tea were offered for, and sold at the India House, in all 1831, of which 18,83,000 lbs. were put up without any fixed price; and besides which, 16,46,980 lbs. were refused by the brokers as too large a supply for the market.

Russia.--Consular Return. The duty on black tea, from 1s. 9d. to 18. 11d, per lb., and on green from 18. 5d. to 1s. 6d. is included. I have taken the descending scale of prices.

New York.-Exclusive of the duty, New York Price Current, January 1832. The Souchong, so called, is mere Congo. Portions of some cargoes unsaleable, by reason of their being “several

years imported."

New Orleans.-Exclusive of the duty. New Orleans Price Current for February 1832, in which it is constant remark, "Sales small and scarce."

France. From Prix Courant sur la place de Paris, 18th April 1832.

A gentleman in Paris has particularly inquired the retail price of tea throughout France, and states it to be from 5 s. to 25 s. per lb.

Portugal.-From Holha Mercantil do Porto Lisbon, 7th April 1832. The duty on tea is 1 per cent. ad valorem.

Holland. These are the high and low Amsterdam and Rotterdam prices for May 1832, by the 100 chests or cargo; the duty is only seven florins per 100 kilogrammes for Bohea, and 12 florins per 100 kilogrammes for all other descriptions.

Bremen.-Bremen, 1st May 1832.

Furnished me from Messrs. Reid, Irving & Co.

Hamburgh. The duty is almost nominal, not worth calculation. From the Borsen Halle Hamburgsch abend Qeitung, 20th April 1832.

Dantzig.There is no wholesale trade. Duty for consumption, 3d. per lb. Consular Re-

turn.

Frankfort. The government duty is only 10d. per cwt. I have given a descending scale of prices from the Consular Returns to Parliament.

Denmark-Duty two per cent. ad valorem. These prices were given when there was 10 years' stock in hand. The Consul remarks, that "other teas are proportionally higher."

Roman States-Duty per lb. 11 d., of which one-third is allowed as a drawback on exporting articles in lieu of tea, the produce of the States. Consular Returns.

Lubeck.-Duty one-half per cent, ad valorem. Consular Returns.

At Trieste there is no duty, and at Leghorn it is nominal. The teas, although denominated Souchong and Hyson, are in reality inferior Congous and Ilyson Skin, which may be bought for 9 d. a lb. at Canton. The Consul reports, that 3,000 lbs. left by an American vessel, "some years ago," still remains unsold, and it would be sold at 30 per cent. reduction if buyers could be found for it. Just so it is at Hamburgh and other places, where nominal prices are quoted, but where it would be difficult to find buyers at even half the price named. At Sicily, although the price is 4 s. to 68., the Consul says the tea is "of a very inferior quality." The duty is 1 s. per lb. at Sicily, and 8d. per lb. at Naples.

Canton. Prime cost at Canton of the teas exported to England by the East India Company,

1830-31.