, 1870-03-23
WEDNESDAY. MARCH as, 1870.

WEDNESDAY. MARCH es, 1870.
TIE TEA TRADE OF THE UNITED
: STATES.
In 1s,.a there were twunew routes openet
bst~e..n the Atlantic ports If Europe ami
America and thc ports Of Japan and China
Tie .ne vas ria The rAcinc Railway acros,
tie United States, and the other ria tht
Ssrz Canul Prior to that time. the t1alt
in tess WAS carried on in sailing vessels b,
way of the C.re Of Good Hope, and upo1
tlc>s fleets Europe and the United States
hA,r Hitherto depended for their teas. The
opening Of the Snez, Canal and the success
fuI lNls>sse Of thXt channel hy heavily
laden steamers will revolutionHe the Brit
iAh trade with India China, and Japan
Sailing vessels, which occupy four month,
IL the v.yase ffum ShanghAe to New Yorl
or +" London. will he discarded, and then
places taken by steamers, which will make
the trip ria the canal in two moaths
The importation Of tea into the Unitet
Stascs III 1868 Was 37,S4a, ,G1a pounds
and in i>':>-:. :s..545, ..::sa pounds. Or tht
receipts Of 1865, ..67G. .657 pounds were
1e-e1Inrted, leaving II, 0Oo. GOO pounds a
the annual consumption Of the United
States The imports we're from the follow.
'n; countries:
r,.,,rd tSur:a n, -, ,,,,. Ieand.;
Ir:>n l.s,s,nees. as.uo Jarsn. 7,sss':ss
isn;n;,a isss rsi '1'''es ssSg Other pors'.-" ssA
Tct4,.. 81
t'f tAls importation :i.isO,U UN pounds
~r7c entered at New York, and a.,0l3, 600
nj S;H tranc1see, This was, Of course, be-
fsrr The completion uf the Pacific Railway.
he ':sl'1e of the teas imported into the
tn'tttt st-tes i'll 1869 WAS S11,94S, Ill.
From these fsures two facts nrc establish
I'D, Hat the teas the United States
-sr imported direct and consumers in this
s'ru,fy have been supplied with the Article
,r,nu the importers in New York, The
,i,.,siag If the Pacific Railway has had the
Sti,ct "f increasing the import of Japau
.*ps and of increasing the consumption OF
tea in nll Part, Of tile country. It is stated
that the tfeights from China to London, o,
New York, in steamer, by the way OF the
suex Cnnal. will be, in gold, SIS per ton,
slips measurement Of fifty cubic foet-
II laif chests If hlack tea, I. pounds to
the package. or SIS pounds of tea ; or II
half chests of green tea, 60 pounds to the
package, or GG0 pounds, being equal to a ton
Of 20 cubic feet, ships measurement. Tea
is imported in chests, half chests, quarters,
and smaller packages An average Of Ga5
pounds Of ten may be taken rs the average
ton by that measurement. This vould
make the freight BY the Suez route about
S2n per ton in currency, or 3 T., ceuta
PER pound The San Francisco BuX,,iu
6tates TINT the f1e;rht per ton from China
10 that port is IS 1ser ton, or about Is
earts per pound, and that thence fr mil ia
Now York it is cents Der pound. The
time consumed by the latter route is 35
days, by the Suez route G5 days, BY the
Cape route ITO TO $50 DAYS. The value of
IN ordinary cargo Of tea il about $500 mn
The interest on which at s per cent ia enual
10 -. oOo ner month
Assuming tbst a t,,, of o of.o ,,o,aaa .e
g.. .o.,s % oo,,.. a-seIs :! - :.sN1 ~
of o1ou+h and ,h.t ~ ooas, tr.;o,,tp .s ~
aon.1., S.n g.. .... cos - 49, ~ :. =
So ..,.,,-., A4 ~ e., .'4.0 - .,le
s.t - 49,. -. ~ A'o' .A'e - =. .4o
So coa.1 - Wy ~ $A''
,,,otr, - 80. tn 49, wa .roo ~
Fright y ocean. Observation-Disclosures. 6Ioa
u''s>s' !" y n'oh'as Al pef cent On *'".'. Aoo
Total. .............-- iaoc
he zane tea by way of San Francisco
VIII ee'ht' ...
Frurns to is San ~ Fsnc;;o - q
Isal u New york.-.---. --.-...........-.. 1900
'>@' -''N '''S'>'4' ~ ~.
Total .s'+s.o
in'S' t'"t''i'alis' inaAe7 oinel lence y
~ ~ Poonu ~ Aol VI oeea'
uo"eo.' NV aoA.o
" -'o - '"e'o s.a' 6''" tu'
1.t ,A 80, u ':a1 s.o a., .a, aao i'eV
~ - - 4't Nv tnon' l'n.. = "a D,'4s eaa'seA
"Ae.'o'
0e' A7' " 'en. ~ Av"' 49, '4AS' 70
- '1tono7. Au' n.i g. 'esn ~! ll'
10y ~ a"'"oo'oo'
lu'o7' - -":'"' LUIS " -'o." poono'
1nsN .eA n!as' atlu "A'7 IL un1e' oe move
i''i.' ''Ao iAi'eleeo 10 eucAsso nno Ne'
'"l" i'l oneesnt Per I'ou1o Per A'Voomlles
tnA "'H ehaplc II 10 We oensesea IN tn'
cry !" - cents Per poono1 ano IN Ne'
f"5s ~ = l-- eents per pound ffom "a
sfiielsco-
No account II mere MATE OF the not II
considerable advantage OF bringing the tea