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AND  JAVA  TEA  REPORT. 
November  1 8th,  1892. 
Java . 
26,604  packages. 
25,377 
Mlement  to  “ CEYLON  OBSERVER 
low,  WILSON  k STANTON’S  INDIAN,  CEYLON 
13,  Rood  Lane,  London,  E.C. 
QUANTITY  BROUGHT  TO  AUCTION  IN  LONDON 
From  1st  June  to  Date. 
Indian.  Ceylon. 
1891- 1892.  596,603  packages.  402,369  packages. 
1892- 1893.  582,085  ,,  385,923 
jring  the  week 
1,031  packages  Indian  ) 
,876  ,,  Ceylon ’-Total  48,921  packages  have  been  offered  in  public  auction. 
,014  ,,  Java  j 
I There  has  been  generally  less  disposition  to  operate  this  week  at  late  rates,  and  the  natural  con- 
fluence has  been  apparent  in  a drooping  tendency  in  the  auctions. 
The  large  quantities  of  Indian  Tea  which  have  been  brought  forward,  during  the  last  few 
|eks,  appear  to  have  amply  sufficed  for  immediate  trade  requirements,  and  dealers  are  probably 
sinclined  to  go  heavily  into  stock  at  prices  which  mark  a sharp  rise  upon  rates  which  were  current 
,ume  few  months  back. 
A certain  degree  of  caution  is  not  at  all  surprising  under  the  circumstances,  especially  consider- 
ing that  we  are  approaching  the  season  of  the  year  when  Grocers  are  too  busy  with  other  articles  to 
jay  more  attention  than  necessary7  to  Tea,  and  that  trade  has  frequently7  a tendency7  to  become  some- 
#hat  slack  as  Christmas  draws  near. 
INDIAN.  Although  auctions  have  been  considerably7  lighter,  totalling  only7  36,031  packages 
against  46,523  last  week,  bidding  showed  less  animation  and  prices  dropped  for  nearly7  all 
descriptions,  especially7  those  where  the  liquors  were  at  all  indifferent.  Whole  leaf  grades  are 
cheaper,  even  Teas  for  price  being  less  generally7  competed  for,  a general  fall  of  Jd.  per  lb.  being 
noticeable,  although  considerable  irregularity7  in  prices  must  be  recorded. 
The  quality7  of  recent  arrivals  has  not  been  up  to  those  of  some  weeks  back,  and  fewer  fine 
juoring  Broken  Pekoes  and  Pekoes  are  on  the  market.  Although  this  circumstance  is  answerable 
!o  some  extent  for  lower  quotations,  the  depression  in  the  market  is  responsible  for  a good  deal. 
Weekly  average  of  New  Season’s  Tea  sold  on  Garden  Account,  1892,  23,157  pkgs.  av.  IGf.  1891,  28,386  pkgs.av.  9d. 
1892. 
PKGS.  I'PRICE. 
1891. 
PKGS.  | PRICE. 
1892. 
PKGS.  j PRICE. 
1891. 
PKGS.  | PRICE. 
1 1892. 
1 PKGS.  I PRICE. 1 
1891. 
PKGS.  PRICE. 
Assam 
H476P  Up 
16105  P 9i 
Darjeeling  . . 
. 2267  p i/of 
2293  p,  io£ 
Neilgherry 
123  p 74 
IT4  P 
9i 
Cachar&Sylhet 
5427  Pi  9l 
87  ! 9i 
4410  p 8 
Dooars 
. 2120  p 10 
35i8  p,  8 
Terai 
675  p,  9i 
665  p 
8 J 
IChittagong 
268  ; 83 
Kangra  Valley 
• ; 253  P 9f 
209  p,  64 
Travancore 
729  pi  9 
696  pi 
7k 
Comparative  prices  of  Indian  Tea  in  London  : — 
DUST. 
(Fair  ordinary,  dark  liquor)  1892, 
4id. 
1891, 
qjd.  1890, 
6d. 
1889,  5Ad, 
FANNINGS. 
(Red  to  brown,  strong  rough  liquor)  ,, 
5id- 
7 7 
4fd • 1 - 
6-J-d. 
,,  6d . 
broken  tea. 
(Brownish  to  blackish,  strong  liquor)  ,, 
7fd. 
> J 
7d. 
8d. 
,,  7^d. 
PEK.  SOUG. 
(Blackish  greyish,  useful  liquor)  ,, 
8d. 
7 7 
7d. 
8Jd. 
8id. 
PEKOE. 
(Greyish  to  blackish  some  tip,  useful  liquor)  ,, 
8|d. 
7 7 
8+d.  ,, 
9ad  • 
9fd. 
PEK.  SOUG. 
(Blackish  greyish,  inferior  liquor)  ,, 
6-fd. 
7 7 
5id. 
7-Ad. 
,,  6-|d. 
PEKOE. 
(Blackish,  greyish,  some  tip,  inferior  liquor)  ,, 
7$d. 
7 7 
6fd. 
8|d. 
,,  td. 
CEYLON.  The  quantity  brought  forward  was  slightly  below  that  of  last  week,  viz.  : 10,876 
pkgs.,  against  12,629  pkgs.  Bidding  was  rather  less  animated,  Teas  over  iod.  showing  decided 
weakness;  lower  grades  did  not  meet  with  quite  the  attention  lately7  bestowed  upon  them.  Prices 
tor  all  grades  have  eased  a little,  many  Teas  selling  jfd.  to  fd.  below  recent  quotations. 
Ihe  average  for  the  week  is  ii^d.,  against  under  gd.  for  the  corresponding  week  last  year. 
Comparative  prices  of  Ceylon  Tea  in  London  : — 
PEKOE  SOUG.  (Ordinary  leaf ; fair  liquor)  1892,  8-^d.  1891,  6Jd.  1890,  g^d.  1889,  10-Ad. 
PEKOE  (Ordinary  leaf,  little  twist ; fair  liquor)  ,,  ioj-d.  ,,  8fd.  ,,  ioj-d.  ,,  npd. 
PEKOE  SOUG.  (Rather  bold  leaf ; indifferent  liquor)  ,,  7fd.  ,,  5^d.  ,,  9d.  ,,  gfd. 
PEKOE  (Somewhat  bold  leaf ; indifferent  liquor)  ,,  8A-d.  ,,  6-Ad.  ,,  gfd.  ,,  io-J-d. 
JAVAS  were  fairly^  represented,  2,014  packages  being  brought  forward.  In  sympathy  with  other 
descriptions  bidding  was  less  keen,  and  prices  in  consequence  somewhat  drooped.  The  export 
demand  has  not  been  strong,  and  although  the  Home  trade  has  been  taking  Javas  to  some  extent,  the 
lower  prices  current  for  other  Teas  appear  to  have  made  buy7ers  somewhat  hesitate  before  going  more 
generally  into  stock  of  Javas. 
BANK  RATE.  3 per  cent.  EXCHANGE  on  London  three  months  sight. — Calcutta  1/3^.  Colombo  I 3 J 
