Ogden Daily Standard | 1904-08-27 | Page 6 | Imports Will Beless

IMPORTS WILL BE LESS new york august 27 tea importers here say importations into america this year probably will be three or four million pounds less than the preceding twelve months the experts bay this falling off is only indirectly due to the war between japan and russia as it has had no appreciable effect on the trade beyond an increased rate ot marine insurance the cause Is found an fn the fact that during two or three months before the war there was a wave of speculative buying on the part ot the jobbers and retailers alike all over the country this resulted in an advance of 10 to 15 per cent but the trade having filled up in anticipation of future wants the demand disappeared for a time causing great dullness which has only just begun to disappear