The Daily Times.
Liverpool, Merseyside, England, 1861-01-09 00:00:00

Tca Rtarket.

(From T. g• H. Littledale g• Co.'s Monthly Circular.)
9, MINCING-LANE, LONDON, Jan. 8. The
past year commenced with a very active market,
it being supposed that supplies would be short,
and also that a reduction in duty might take
place, causing an advance by the end of January
of fully 2d per lb.; however, when it transpired
that no alteration was to be made in the duty,
and that extra charges were to be imposed by the
Customs, the market became flat, and the large
public sales without reserve, which from that
date began to be adopted, together with the dis-
putes between brokers and dealers regarding the
charges fur lot money, which is still in abeyance,
have contributed to the uniform depression, which,
with one or two slight exceptions, has continued
to the present time. Common Congou opened at
is 3d to is 341, advanced durinr, January to
is. 51a to is sid'kept firm and
until April, when it fell to is 31d to is 4d, and
advanced again
winaslnlaoyt to is 5d to is 51d ; but
this quotation
is
aid t
is 4d, and maintainedin and in July
o
again fell to
the

three following months to is 3d and is 30,
and has since•- eadually declined to 11 2d,
which is the present nominal value. Red
leaf and flavory Tcas Advanced early in the
year, but from the large quantity forced off by
public sales, in February 'and Mardi, &Opted
to 24d per lb., advanced again in May to is 6d to
Is 61d for fair 'quality, after which it kept falling
until the 'quotation is now only is 2d to is 3d.
Black leaf likewise rose ld to id in January, but
fell again in February ; then advanced until May ;
has again receded, and good medium is now only
worth from is 4d to is sd. Kaisows kept firmer
until September, when a fall of ld to lid took
place. The finest chops of the first arrival of the
new crop per Falcon, in Septembers realised
2s 3d, but subsequent arrivals bronght • down
prices. There has been an improvement during
the last two months, owing 'to the inferiefity df
the new Oopacks and Moningstomparedivith
last and previous years. The Sup ,[p Souchongs
has been itrid he 'dettittfid limited.. A fair
business dome :OolOngs, but at lower rates.
'Stetted teas advanced in the beginning Of!
4anbary, but have gradually declined since the t'
end of that month. Orange Pekoes athe
ing at a decline of 3d fon. the Wpelling prices,
and flowery Pekoes hu'velaie 'fallen considerably.
Greens: All desetiptions have sold well through-
out the.trater part of the year, and continue in
voa demand. On comparing prices with those
of the same date last year, we find there has been
a fall of ld to lid on common, 11d to 2d on
medium, 2d to 3d. on onings and Oopacks, fully
3d on Oolongs, id on Scented Capers, and id on
fine Kaisows; while medium Kaisows, Scented
Orange Pekoes and Souchongs Vertiaih. Withbikt
alteration, there has been a rise of 24 on Yonng
Hysons, Imperials and Onneowders, also 113-sons
under 2s. in the year there have been twenty-
four public sales, at whith 496,000 packages 'were
offered, 241,000 were sold, 170,000 being "'with-
out reserve." We 'estirhate The stock in the
United Kingdom .tA,200,000 lbs, against
0,500,000 in 4.B49—quantity afloat 28,300,000 lbs,
againit :5.5;412,672 in 1859.
11-NrEßrooL, Jan. 8, 1861.—We avail ourselves
of this opportunity to draw the attention of
im-
porters to the anomalous position of the Tea trade
at this port. We have never held so Sitiali & stack
since the opening of the trade ih k,A.11., and this
in the face of a large and ihettasing population,
both here and in the adjoining inannfaatininir
districts, of which this port shatild t 'ethkslttered
the feeder, as also the shartelt and 'cheapest place
of transit for Ireland itincd. Scotland, besides the
great indtreethent to importers on the ground of.
thearteor---our warehousing and other charges
.bekng fully one-half lower than London, and Tea
selling here at or above London prices, and indeed
in many instances sufficient to cover all expenses
of transit from that port to this. We give Belo*
a few statistics of stocks and imports since the
opening of the trade, showing therein great fluc-
tuations and a gradual decrease during the last
three years. The 'Jessie leazly, from Macao,
arrived here on the 6th instant.

STOCK. IMPORTS.
1834 Sc. 5 2,500,000 7,000,000
1838
1842
1846 13,000,000 18,000,000
1850
1853 10,000,000 15,500,000
1855
1856 10,030;000 15,000,000
1857
1858
1859 •.
1860
Silk 'Amid.

(From Messrs. T. and H. Littledale and Co.'s Circular.)
In handing our annual report of stocks, im-
ports, deliveries, and prices of raw silks, we may
add the following remarks. At the commence-
ment of 1860 there were many features in the
position of the trade, such as a large consump-
tion, stocks much lighter than many former
years, and high prices, which led to the hope of
a prosperous year, both for importers and manu-
facturers ; but the result has shown that whilst
the demand has often exceeded the supply of
useful qualities, the advantage derived has been
only in favour of importers, whilst our hothe
manufacturers have not only had to pay a high
price for the raw material but contend with
the foreign competition (in consequence of
the French tariff) which has diminished the
labour of the English trade nearly one-half,
and in some places extinguished the manufac-
turer. The process against foreign competition
is now undergoing the test, and it may yet appear
there are elements in the Silk trade connected
with our national industry and capital which may
end in beneficial results. A decided preference is
still given to China Silks—prices have not flue-
' tuated more than 10 per cent., and for all useful
Silks present rates are within is per lb, as at the
same period last year, except inferior Taysaams,
which are 2s to 3s per lb lower,—imports 74,790
(including 5,360 bales Thrown), deliveries 68,440
—stock 2-1,028. In Bengals there has been a
falling off in demand, and a decline of is to 3s
per lb—Japan and other silks have interefered
with the consumption—the imports are 9,200
bales, deliveries 10,190 and stocks 5,460 bales
Italian Silks : A decreased import, in consequence
of another failure of the crop, and the high rates
which these silks have been held at, has nearly
excluded their use in this country. Persian and
Brussa Silks : The imports are 2,390 ballots and
150 bales ; deliveries nearly the same as imports.
Stocks of Persian are 900 ballots and 80 bales
Brussa. But little change in prices during the
year. East India and China Silk Piece Goods :
We have seldom had to record a year wherein
such a general dull dragging trade has been ex-
perienced. At all the public sales there has
been a succession of declining prices, with a
decreased delivery, which in Corahs alone
is 61,000 pieces, and the present stock is
124,300 pieces—the greater part of which are
inferior qualities, which may in some measure
account for the diminished consumption. Ban-
dannoes and Choppahs have been in better de-
mand, but at prices unremunerating to importers
—the stocks arc 11,230 pieces, being greatly in
excess of 1859, and every other description of
goods have been difficult of sale.—Foreign Gum
Waste and Knubbs and Husks : Increased demand
for Spun Silk Yarns, and diminished supply of
good and fine qualities of the raw material
have augmented prices, and left the Waste
spinners unremunerated, except those engaged in
the long spun trade, who have had a good
demand throughout the year at satisfactory rates.
The imparts from Turkey, China, and the East
Indies have been mostly of low qualities, such as
cocoons and chassums, which have supplied the
deficiency arising from the non-production of our
home throwsters. The arrivals of cocoons from
Turkey in 1860 have been larger than the collec,
tive import the past thirty years.