An Almanack for the Year of Our Lord

An Almanack for the Year of Our Lord

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1872 edition. Excerpt: ...very fair profits having been made by both merchants and dealers. One fortunate result has been that the trade during 1870 endeavoured earnestly to prevent the importation of spurious and unwholesome toa. But this attempt has been only partially successful, for in 1871 a large qrantity was offered for public sale; a state of things which, though dangerous and disgraceful, cannot apparently be stopped by the arm of the law. Another feature, which may eventually much influence the trade, was that twenty-one steamers, carrying 23,000,000 lb. of tea (or about one seventh of the total supply) came by the route of the Suez Canal, thus economizing time, capital, freight, and interest of money. The total estimated import of tea for 1869-70, from China and Japan to the United Kingdom, was ahout 141,500,0001b., and from India 13,100,0001b. In the early part of 1870 a large business was done, with an advance in prices. On the bringing out of the Budget in April, great depression was experienced by holders of common red-leaf Congous. Wholesale dealers rapidly cleared out their stocks, and until the arrival of new teas in August, business was dull. Sales were made in that month at from i#. gd. to 2#. +d. per lb., and for boxes, to 2. 6d. or 2. Bd. In September, fine and finest Monings fetched from 21, to 2. 8rf., and new Kaisous it.-jd. to 2. id., ranging for fine to 21. 3d. During the remainder of the year very little change took place in prices, and a good business was transacted. In January, 1871, good to fine Congou was worth 11. +d. to it. gd. in bond; Souchong, z-. 2d, to 2s. gd.; andTowchoo, i-. 2d. to as. sd. per lb. The estimated stock on 31st December, 1870, was 80,500,000 lb. COFFEE AND COCOA TRADES. Rumours that the Ceylon crop would be...show more

Product details

  • Paperback | 236 pages
  • 189 x 246 x 13mm | 426g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236501098
  • 9781236501097