PLENTY OF TEA.
HEAVY ARRIVALS IN SYDNEY. LOWER RATER IN CEYLON. There is no immediate prospect of lea being,any dearer, says the Sydney Sun of March 31s(, The tariff docs not affect it, and Sydney stocks jire heavy. Tea importers report easier positions in slocks, owing to the heavy arrivals during the hist month, and slightly lower rates rulhig in Ceyh n.
The Indian toil market has closed, and most of the desirable fca in Java Ims been sold ah’.'.os! to the end of the ye;ir. This means that Australia will turns to draw most of her rei-uircmenls in the future from Geyiou, and buyers will have to compete with the rest of the world. Ceylon growers are at present selling on a low basis, hut .although there is a possibility• of a higher price ruling, it ,■■coins that Australia, lias at present a chance of buying tea cheaper Gum for seme lime pjist. ■The trade having got its stocks, is sitting had:.
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Manawatu Herald, Volume XLII, Issue 2113, 10 April 1920, Page 3
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163PLENTY OF TEA. Manawatu Herald, Volume XLII, Issue 2113, 10 April 1920, Page 3
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