Tea Leaves: Being a Collection of Letters and Documents relating to; the shipment of Tea to the American Colonies in the year; 1773, by the East India Tea Company. (With an introduction,; notes, and biographical notices of the Boston Tea Party)Drake, Francis S. (Francis Samuel)
History
Tea Leaves: Being a Collection of Letters and Documents relating to; the shipment of Tea to the American Colonies in the year; 1773, by the East India Tea Company. (With an introduction,; notes, and biographical notices of the Boston Tea Party)
Drake, Francis S. (Francis Samuel)
Boston Tea Party, 1773; Tea tax (American colonies)
"I have to acknowledge the receipt of your favor of the 5th instant,
desiring information of the present state and prices of tea at this
market, and also what the freight and charges are thereon to North
America, to all which I cheerfully give you every elucidation in my
power, and with the greatest pleasure, as neither you nor your friends
have any thought of engaging in said trade, which, with every other
branch of smuggling, must be held in abhorrence by all good men. The
present prices of tea are--
_d._ _d._
Dutch Bohea's, in whole chests, 20 @ 22
" " half " 22 24
" " quarter " 24 25
Swedish, whole " 21 22
Danish, " " 21 22-1/2
Congo, 28 45
Souchon, 36 65
Peco, 32 55
Imperial, 49 50
Green, 48 50
Tonkay, 52 53
Heysan Skin, 60 62
Heysan, 90 95
The tare on whole chests is 84 lbs., if they weigh less than 400 lbs.,
and if they weigh 400 lbs. or upwards, then 90 lbs.; for the half
chests, under 200 lbs., tare 54 lbs.; if 200 lbs., or upwards, then 60
lbs.; for the quarter chests, under 100 lbs., tare, 23 lbs.; if 100
lbs., or upwards, then 30 lbs. The advantages on the tares are
calculated at 7 or 8 pr cent. on the whole chests, at 12 @ 13 pr cent.
on the half chests, and at 15 @ 16 per cent. on the quarter chests. The
quantity of teas on hand is not considerable, so that we do not
apprehend a decline; on the contrary, if any orders of the least
importance were to appear, the prices would go higher. There are now
about 400 chests shipping for America, from Amsterdam, from which port
the teas that go to North America from this country are always shipped,
and not from this city; they are sent to Rhode Island, and not to
Boston. Of Green teas there are hardly any left, neither fine Souchong
nor Congos, but ordinary, in abundance. The freight of a whole chest of
Bohea to St. Eustatius, one of the Dutch West India Islands, comes to
about 7-1/4s. pr chest. It is reckoned by the foot square, at 6s. the
foot to North America. It is generally L4 pr chest, New York currency,
but the captain is not answerable in any case of seizure.
Public-domain text, read in full here on John Shaqi.
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