The Mirror of Literature, Amusement, and Instruction - Volume 19, No. 543, Saturday, April 21, 1832. by Various
page 14 of 51 (27%)
page 14 of 51 (27%)
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As I have been a subscriber to _The Mirror_ from its commencement, and very frequently refer to its pages with much pleasure and profit, I hope I may be allowed to correct a statement made in No. 541, p. 222, under the article _Tea_. It is said that the profit of one pound to sell at 7_s_. is 2_s_. 2_d_. _s. d._ Thus, cost price 2 5 Duty 2 5 Profit 2 2 ____ 7 0 In all retail houses of any respectability in the Tea trade, I am sure that Tea costing 2_s_. 5_d_. at the sale is never sold above 6_s_. per lb. and in five out of six shops of the above description 5_s_. 4_d_. and 5_s_. 6_d_. is the utmost price demanded for such Tea. I and my family have been in the trade, in one house, considerably more than half a century, and I can assure you, that from 6_d_. to 8_d_. per lb. is the present retail profit upon Tea sold at the East India Company's sales, under 3_s_. per lb. S. In reply to this note, the authenticity of which we do not question, we can only refer the writer to our distinct quotation from "the |
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