of the leaves (one half of the labor) could be done by the
simplest machinery, fuel could be economised by flues, &c.
The Russian teas, brought by caravans, are the most expensive and best
teas used in Europe. The Chinese themselves pay 71/2 dollars per pound
for the "Yen Pouchong" teas.
Full chests were exhibited in 1851, by Mr. Ripley, of various Pekoe
teas, some of which fetch 50s. per lb. in the China market; whilst 7s.
is the very highest price any of the sort will fetch in England, and
this only as a fancy article. The plain and orange-scented Pekoes now
fetch little with us; but as caravan teas, are purchased by the
wealthier Russian families. The finest, however, never leave China,
being bought up by the Mandarins; for though the transit expenses add
3s. to 4s. per lb. to the value when sold in Russia, the highest
market price in St. Petersburg is always under 50s. Among these
scented teas are various caper teas, flavoured with chloranthus
flowers and the buds of some species of plants belonging to the orange
tribe, _magnolia fuscata_, olea flowers, &c. The Cong Souchong, or
Ning-young teas, are chiefly purchased for the American market. Oolong
tea is the favourite drink in Calcutta, though less prized in England,
its delicate flavor being injured by the length of the voyage. For
delicacy, no teas, approach those usually called "Mandarin teas,"
which being slightly fired and rather damp when in the fittest state
for use, will bear neither transport nor keeping. They are in great
demand among the wealthy Chinese, and average 20s. per lb in the
native market.--(Jury Reports.)
The consumption of tea in the United Kingdom may now be fairly taken
at fifty-four million pounds yearly, and sold at an average price to
the consumer of 4s. 6d., per pound. The money expended for tea is
upwards of twelve millions sterling.
The expenditure of this sum is distributed as follows, in round
numbers:--
Net cost of 54,000,000 pounds, average 1s. per pound L2,700,000
Export duty in China of 11/2d. a lb. 337,500
Shipping charges, &c., in China 25,000
Freight, &c., China to England, about 2d. per lb. 450,000
Insurance, 1/2d. per lb. 112,500
Commission, about 1/4d. per lb. 56,250
Tasting charges, &c., about 1/8 of a penny per lb. 28,125
Interes
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