•mrpmmn  iv  ...  
(jOW,  WILSON  ft  STANTON’S  INDIAN,  CSfLON,  AND  JAVA  TEA  REPORT, 
[3,  Rood  Lane,  London,  E.C.  July  1st , 1892, 
QUANTITY  BROUGHT  TO  AUCTION  IN  LONDON 
From  1st  June  to  Date. 
Indian.  Ceylon.  Java. 
1891- 1892.  31,000  packages.  89,541  packages.  9,433  packages. 
1892- 1893.  28,165  ,,  63,300  ,,  4,901  ,, 
During  the  week  . 
5,162  packages  Indian'  ) 
14,873  ,,  Ceylon -Total  22,292  packages  have  been  offered  in  public  auction. 
2,257  ,,  Java  j 
During  the  past  few  weeks  the  Tea  market  generally  has  been  in  a quiescent  condition. 
With  the  General  Election  so  close  upon  us,  and  at  a time  like  the  end  of  the  half  year,  it  is 
natural  that  buyers  should  be  inclined  to  minimise  their  stock  oi  Tea.  It  is  therefore  not  surprising 
that  bidding  during  the  last  week  or  two  should  have  been  slack,  and  that  the  disposition  generally 
manifested  should  have  been  towards  extreme  caution.  It  is,  however,  worthy  of  note  that  the 
value  to  be  obtained  in  many  kinds  of  tea  at  present  prices  is  exceptional,  and  when  the  attention 
{ of  the  trade  can  be  brought  to  bear  upon  the  subject,  there  is  little  doubt  that  this  fact  will  be  fully 
i recognised,  and  that  more  extensive  buying  will  be  the  natural  outcome. 
At  present  low  prices,  the  export  trade  continues  fairly  active,  and  the  favourable  opportunity 
afforded  for  the  development  of  external  markets  has  not  been  lost.  There  is  little  doubt  but  that 
the  result  of  recent  operations  will  be  to  encourage  the  use  of  Indian  and  Ceylon  Tea  in  partially 
developed  markets,  in  the  not  far  distant  future. 
INDIANS.  There  is  not  much  to  notice  except  the  continuance  of  last  week’s  depressed 
prices.  Wherever  special  quality  could  be  discerned,  bidding  became  more  spirited  and  good 
quotations  were  obtained,  but  for  poor  liquoring  Teas  buyers  were  still  inclined  to  bid  with  little 
; or  no  animation. 
Weekly  average  of  New  Season’s  Tea  sold  on  Garden  Account,  1892,  3747  pkgs.  av.  9.  1891,  392  pkgs.av.  ld|d. 
1892.  1 1891. 
1892. 
1891. 
1892. 
1 1891. 
PKGS.  j PRICE. | PKGS.  j PRICE. 
PKGS.  | PRICE. 
PKGS.  1 PRICE. 
PKGS.  PRICE. 
PKGS.  PRICE 
Assam  ..  ..  259  c 91 
Darjeeling..  ..  1733  p ioj 
| 270  p 10 
Neilgherry 
1344c  8 
j j • . 
Cachar&Svlhet  ! 282  p 5!  1 
Dooars  . . . . 259  c 
Term 
167  p 84 
122  p Ili 
Chota  Nagpore 
KangraValley,  Etc. 
Travancore 
913  PI  7h 
1 ' 
1 DUST. 
FANNINGS. 
1 BROKEN  TEA. 
PEK.  SOUG. 
PEKOE. 
PEK.  SOUG. 
PEKOE. 
Comparative  prices  of  Indian  Tea  in  London  : — 
(Fair  ordinary,  dark  liquor)  (892, 
(Red  to  brown,  strong  rough  liquor)  ,, 
(Brownish  to  blackish,  strong  liquor)  ,, 
(Blackish  greyish,  useful  liquor)  ., 
(Greyish  to  blackish  some  tip,  useful  liquor) 
(Blackish  greyish,  inferior  liquor)  ,, 
(Blackish,  greyish,  some  tip,  inferior  liquor)  ,, 
3§1 
00 
VO 
6d. 
1890,  6Jd.  1889, 
4fd 
43d. 
> > 
7d. 
,,  6fd.  ,, 
6d. 
> ? 
8 id. 
,,  8d. 
5id 
6fd. 
5 j 
8fd. 
,,  9d- 
8d 
gd. 
j j 
ioj-d. 
io3d.  ,, 
gd 
5d 
> j 
7 id. 
,,  Bid.  ,, 
5fd 
6fd. 
) 5 
8fd: 
> j 9vd ■ 1 , 
64d 
CEYLONS.  Auctions  this  week  were  smaller  than  last,  only  14,873  packages  being  brought 
forward,  against  21,490  last  week.  The  result  was  a fairly  steady  market  with  slightly  more  dispo- 
sition to  take  advantage  of  current  low  rates.  The  lowest  grades  appeared  to  be  wanted  for  price, 
1 |and  all  really  good  liquoring  descriptions  with  special  flavour  and  quality  met  with  marked  attention, 
j [Average  for  week,  8 Jd. 
Comparative  prices  of  Ceylon  Tea  in  London : — 
[PEKOE  SOUG.  (Ordinary  leaf ; fair  liquor)  1892,  5-^d.  1891,  8cl.  1890,  9d.  1889,  6-Ad. 
IPEKOE  (Ordinary  leaf,  little  twist ; fair  liquor)  ,,  7-Jd.  ,,  9d.  ,,  10-Ad.  ,,  y|d. 
PEKOE  SOUG.  (Rather  bold  leaf ; indifferent  liquor)  ,,  4fd.  ,,  7-J-d.  ,,  8|d.  ,,  5fd. 
■ PEKOE  (Somewhat  bold  leaf ; indifferent  liquor)  ,,  5-Ad.  ,,  8J-d.  ,,  9 Jd . ,,  64-d. 
JAVA.  These  were  well  represented,  2257  packages  being  brought  forward,  against  655  last  week. 
[Competition  was  good,  more  especially  from  the  export  demand,  and  the  Teas  were  mostly  sold  at 
I utes  about  on  a par  with  those  ruling  last  week.  A few  parcels  of  re-purchases  in  Holland  were 
j also  included  in  the  Catalogue.  1351  packages  are  advertised  for  next  week. 
BANK  RATE.  2 per  cent.  EXCHANGE  on  London  three  months  sight. — Calcutta  1/3T  Colombo  I '34 
