EXCHANGE on LONDON at 68 6d to 7s 1d per Tael.

11

8.071

8.170 8.258

8.357

12

8.732

8.445 8.544 8.632 8.731 8.840 8.936 9.044 9.140 9.248 9.344 9.452 9.393 9.510 9.614 9.731 9.835 9.952 10.056 10.173 10.054 10.180 10.292 10.418 10.530 10.656 10.768 10.894 10.715 10.850 10.970 11.105 11.225 11.360 11.480 11.615 11.376 11.520 11.648 11.792 11.920 12.064 12.192 12,336 12.037 12.190 12.326 12.479 12.615 12.768 12.904 13.057 12.698 12.860 13.004 13.166 13.310 13.472 13 616 13.778 13.359 13.530 13.682 13.853 14.005 14.176 14.328 14.499 14.020 14.200 14.360 14.540 14.700 14.880 15.040 15.220

14.681 14.870 15.038 15.227 15.395 15.584 15.752 15.941 15.342 15.540 15.716 15.914 16.090 16.288 16.464 16.662 16.003 16.210 16.394 16.601 16.785 16.992 17.176 17.383 16.664 16.880 17.072 17.288 17.480 17.696 17.888 18.104 17.325 17.550 17.750 17.975 18.175 18.400 18.600 18.825 17.986 18.220 18.428 18.662 18.870 19.104 19.312 19.546 18.647 18.890 19.106 19.349 19.565 19.808 20.024 20.267 19.308 19.560 19.784 20.036 20.260 20.512 20.736 20 988 19 969 20.230 20.462 20.723 20.955 21.216 21.448 21.709 20.630 20.900 21.140 21.410 21.650 21.920 | 22.160 22.430

21.291 21.570 21.818 22.097 22.345 22.624 22.872 23.151 21.952 22.240 22.496 22.784 23.040 23.328 23.584 23.872 22.613 22.910 23.174 23.471 23.735 24.032 24.296 24.593 23.274 23.580 23.852 24.158 24.430 24.736 25.008 25.314 23.935 24.250 24.530 24.845 25.125 25.44025.720 26.035 24.596 24.920 25.208 25.532 25.820 26.144 26.432 26.756 25.257 25.590 25.886 26.219 26.515 26.848 27.144 27.477 25.918 26.260 26.564 26.906 27.210 27.552 27.856 28.198 26.579 26.930 27.242 27.593 27.905 28.256 28.568 28.919 27.240 27.600 27.920 28.280 28.600 28.960 29.280 29.640

33.850 34.300 34.700 35.150 35.550 36.000 36.400 36.850

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

40

50

Table 3.—Showing the Approximate Cost of Tea, minus Freight, laid down in New-York.

Bought in China by the Picul for Taels of Sycee or Dollars, and sold in New-York by the Pound Avoirdupois for U.S. Currency.

PACKAGE CHARGE (Half-chests estimated at 60 lb weight.)
Rattans, matting and marking..

Labor and storage in godown..........

Boat and coolie hire, shipping and wharfage,.....

each package,....

or say 70 cents picul.

ON ACCOUNT SALES.

PERCENTAGE CHARGE-Commission and guarantee,.....................................

Brokerage,.......

Fire insurance, and interest on charges, say
Discount, 6 months' interest at 7p cent..
Pannum,....

PACKAGE CHARGE-Cartage, labor, storage, weighing, cooperage

and advertising,..............................

or say cent 0.140000 p :

IN ACCOUNT CURRENT.

CHINA-Commission, negotiating bill,....

Brokerage,.......

Shroffage,........

LONDON-Banker's commission,..........

included in

exchange.

the rate of

Additional charge for Freight from $1 to $35 per Ton of 40 cubic feet.

11234567

0.5333 11

1.3333 17 2.2666
1.4666 18 2.3999

22

24

2.5333 26 3.4666 33

4.3999

4.5333

0.6666 12 1.5999 19
0.7999 13 1.7333 20
0.9333 14 1.8666 21 2.7999 28 3.7333 35 4.6666

2.6666 27 3.5999 34

This freight table is calculated at the rate of 750 lbs. of tea per measurement ton; but there is some difference in the number of pounds per ton in different kinds of tea; for instance, Congou, at 9 full chests of 90 lbs., averages 810 lbs. per ton; at 16 half-chests of 42 lbs. each, averages 672 lbs. per ton; Oolong, at 16 half-chests of 36 lbs. each, averages 576 lbs. per ton; and green teas, at 13 half-chests of 65 lbs. each, averages 845 lbs. per ton. The out-turn of a picul is about 132

BASIS OF CALCULATION.

Find cost of Tea b avoirdupois, purchased in China at 20 Taels or Dollars picul. Exchange at 4/2, Freight at $10.

1 picul of Tea costing 20 Taels or Dollars picul,......... 20.0.0 Invoice, percentage, charge, 6 cent...........

package

1.2.0
0.7.0

with charges, Taels or Dollars 21.9.0 picul in China.

1 picul of Tea with charges at 20 Taels or Dollars cost 21.90

as above,.......

Add account sales, percentage charge, 10 cent.......... 1.724625

9.179 9.348 9.517 9.770 9.939 10.108 10.277 10.446 10.115 10.301 10.487 10.767 10.954 11.130 11.327 11.513 11.050 11.254 11.458 11.764 11.968 12.172 12.376 12.580 11.986 12.207 12.429 12.761 12.982 13.204 13.425 13.647 12.922 13.161 13.400 13.758 13.997 14.236 14.475 14.714 13.857 14.114 14.370 14.755 15.011 15.268 15.524 15.781 14.793 15.067 15.341 15.752 16.026 16.300 16.574 16.847 15.729 16.020 16.312 16.749 17.040 17.332 17.623 17.914 16.665 16.973 17.282 17.746 18.055 18.363 18.672 18.981 17.600 17.927 18.253 18.743 19.069 19.395 19.722 20.048 18.536 18.880 19.224 19.740 20.083 20.427 20.771 21.115 19.472 19.833 20.194 20.736 21.098 21.459 21.821 22.182 20.407 20.786 21.165 21.733 22.112 22.491 22.870 23.249 21.343 21.739 22.136 22.730 23.127 23.523 23.919 24.316 22.279 22.693 23.107 23.727 24.141 24.555 24.969 25.383 23.215 23.646 24.077 24.724 25.155 25.587 26.018 26.449 24.150 24.599 25.048 25.721 26.170 26.619 27.068 27.516 25.086 25.552 26.019 26.718 27.184 27.651 28.117 28 583 26.022 26.506 26.989 27.715 28.199 28.683 29.166 29.650 26.957 27.459 27.960 28.712 29.213 29.714 30.216 30.717 27.893 28.412 28.931 29.709 30.228 30.746 31.265 31.784 28.829 29.365 29.901 30.706 31.242 31.778 32.315 32.851 29.765 30.318 30.872 31.703 32.256 32.810 33.364 33.918 30.700 31.272 31.843 32.700 33.271 33.842 34.413 34.985 31.636 32.225 32.813 33.697 34.285 34.874 35.463 36.051 32.572 33.178 33.784 34.693 35.300 35.906 36.512 37.118 33.507 34.131 34.755 35.690 36.314 36.938 37.562 38.185 34.443 35.084 35.726 36 687 37.329 37.970 38.611 39.252 35.379 36.038 36.696 37.684 38.343 39.002 39.660 40 319 36.315 36.991 37.667 38.681 39.357 40.034 40.710 41.386 37.250 37.944 38.638 39.678 40.372 41.065 41.759 42.453 38.186 38.897 39.608 40.675 41.386 42.097 42.809 43.520 39.122 39.850 40.579 41.672 42.40143.129 43.858 44 587 40.057 40.804 41.550 42.669 43.415 44.161 44.907 45.653 40.993 41.757 42.520 43.666 44.429 45.193 45.957 46.720 41.929 42.710 43.491 44.663 45.444 46.225 47.006 47.787 42.865 43.663 44.462 45.660 46.458 47.257 48.056 48 854 43.800 44.616 45.432 46.657 47.473 48.28949.105 49.921 44.736 45.570 46.403 47.654 48.487 49.321 50.154 50.688 45.672 46.523 47.374 48.650 49.502 | 50.353 51.204 52 055 46.607 47.476 48.345 49.647 50.516 51.385 52.253 53.122

6

7.362

7.478

7.595

7.711

7.828

8.003

8.119

8.236

7

8.446

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

40

41

42

43

44

45

46

47

48

49

50

Equal to cost per pound in New-York, minus freight.

8.848 8.982 9.183 9.317 9.451

8.580 8.714 9.531 9.682 9.834 9.985 10.137 10.364 10.515 10.667 10.615 10.784 10.953 11.122 11.291 11.544 11.713 11.882 11.699 11.886 12.072 12.259 12.445 12.725 12.911 13.098 12.784 12.988 13.192 13.396 13.600 13 905 14.109 14.313 13.868 14.090 14.311 14.532 14.754 15.086 15.307 15.529 14.953 15.191| 15.430 15.669 15.908 16.267 | 16.506 16.744 16.037 16.293 16.550 16.806 17.063 17.447 17 704 17.960 17.121 17.395 17.669 17.943 18.217 18.628 18.902 19.176 18.206 18.497 18.788 19.080 19.371 19.808 20.100 20.391 19.290 19.599 19 908 20.217 20.526 20.989 21.298 21.607 20.374 20.701 21.027 21.354 21.680 22.169 22.496 22.822 21.459 21.803 22.147 22.490 22.834 23.350 23.694 24.038 22.543 22.905 23.266 23.627 23.989 24.531 24.892 25.253 23.628 24.006 24.385 24.764 25.143 25.711 26.090 26.469 24.712 25.108 25.505 25.901 26.297 26.892 27.288 27.684 25.796 26.210 26.624 27.038 27.452 28.072 28 486 28.900 26.881 27.312 27.743 28.175 28.606 29.253 29.684 30.116 27.965 28.414 28.863 29.312 29.760 30.434 30.882 31.331 Z 29.049 29.516 29.982 30.448 30.915 31.614 32.080 32.547 30.134 30.618 31.101 31.585 32.069 32.795 33.278 33.762 31.218 31.720 32.221 32.722 33.223 33.975 34.476 34.978 32.303 32.82133.340 33.859 34.378 35.156 35.675 36.193 33.387 33.923 34.460 34.996 35.532 36.336 36.873 37.409 34.471 35.025 35 579 36.133 36.686 37.517 38.071 38.624 35.556 36.127 36.698 37.269 37.841 38.698 39.269 39.840 36.640 37.229 37.818 38.406 38.995 39.878 40.467 | 41.056 37.725 38.331 38.937 39.543 40.149 41.059 41.665 42.271 38.809 39.433 40.056 40.680 41.304 42.239 42.863 43.487 39.893 40.534 41.176 41.817 42.458 43.420 44.061 44.702 40.978 41.636 42.295 42.954 43 612 44.600 45.259 45.918 42.062 42.738 43.414 44.091 44.767 45.78146.457 47.133 43.146 43.840 44,534 45.227 45.921 46.962 47.655 48.349 44.231 44.942 45.653 46.364 47.075 48.142 48.853 49.564 45.315 46.044 46.772 47.501 48.230 49.323 50.051 50.780 46.400 47.146 47.892 48.638 49.384 50.503 51.249 51.996 47.484 48.248 49.011 49.775 50.538 51.684 52.447 53.211 48.568 49.349 50.131 50.912 51.693 52.864 53.646 54.427 49.653 50.451 51.250 52,049 52.847 54.045 54.844 55.642 50.737 51.553 52.369 53.185 54.001 55.226 56.042 56.858 51.821 52.655 53.489 54.322 55.156 56.406 57.240 58.073 52.906 53.757 54.608 55.459 56.310 57.587 58.438 59.289 53.990 54.859 55.727 56 596 57.464 58.767 59.636 60.504 55.075 55.961 56.847 57.733 58.619 59.948 60.834 61.720