_Price of Tea in China_.--Bohea, which cannot be purchased in China at
less than _eight-pence half-penny_, may be obtained at Antwerp for
7-3/4_d_.; in France for 6-1/2_d_.; and at Hamburg for 5_d_.! Congou, of
which the Canton price is from 11_d_. to 1_s_. per lb., may be bought in
France at 10-1/2_d_., and at Hamburg from 8-1/4_d_. to 10-1/4_d_.! Canton
price for Hyson, 1_s_. 9-3/4_d_.; French price 1_s_. 8-1/2_d_. Young Hyson
costs in Canton about 1_s_. 8-1/2_d_. per lb., and _only one half that sum
at Hamburg!!_ The Chinese cannot afford to sell Twankay at less than 11_d_.
per lb.; but the American speculators enable the good people of Hamburg to
drink it at _seven-pence farthing!_ Souchong, a good quality tea, sells at
Hamburg for _five-pence_ per lb., which is the _same price_ as the vilest
Bohea costs in the Hamburg market, and is only _one-half the price of
Bohea_ in Canton.
_Cost of a pound of Seven Shilling Tea_.--Take a pound of Congou for
instance, according to the evidence of Mr. Mills, a tea broker, before the
House of Lords:
One pound of good Congou,
_put up_ at the East India
Company's sales at --------------- 1 8
Buyers purposely and for
their own advantage raise it ----- 0 9
----
Purchasing price by the Brokers --- 2 5
Duty levied by the Crown ----------------- 2 5
Retailer's profit, brokerage, &c.
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