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GREAT AMERICAN TEA COMPANY
(Established 1861.) THE IMMENSE PROFITS OF THE TEA TRADE GREATLY REDUCED.
THE PROPRIETORS OF THE GREAT AMERICAN TEA COMPANY became fully convinced, several years ago, that consumers of Tea and Coffee were paying too many and too large profits on these articles of every-day consumption, and therefore organized THE GREAT AMERICAN TEA COMPANY, to do away, as far as possible, with these enormous drains upon the Consumers, and to supply them with these necessaries at the smallest possible price.
To give our readers an idea of the profits which have been made in the Tea Trade, we will start with the American houses, leaving out of the account entirely the profits of the Chinese factors.
First.— The American house in China or Japan makes large profits on their sales or shipments—and some of the richest retired merchants in this country have made their immense fortunes through their Houses in China.
Second.— The Banker makes large profits upon the foreign exchange used in the purchase of tea.
Third.— The Importer makes a profit of 30 to 50 per cent. in many cases. Fourth.-On its arrival here it is sold by the cargo, and the Purchaser sells it to the Speculator in invoices of 1,000 to 2,000 packages, at an average profit of about 10 per cent.
Fifth.— The Speculator sells it to the wholesale Tea Dealer in lines at a profit of 10 to 15 per cent.
Sirth - The Wholesale Tea Dealer sells it to the Wholesale Grocer in lots to suit bis trade, at a profit of about 10 per cent.
Seventh.-The Wholesale Grocer sells it to the Retail Dealer, at a profit of 15 to 25 per cent.
Eighth.-- The Retailer sells it to the Consumer, for ALL THE PROFIT HE CAN GET.
When you have added to these EIGHT profits as many brokerages, cartages, storages, cooperages, and waste, and add the original cost of the Tea, it will be perceived what the consumer has to pay.
And now we propose to show why we can sell so very much lower than other dealers. We propose to do away with all these various profits and brokerages, cartages, storages, cooperages, and waste, with the exception of a small commission paid for purchasing to our correspondents in China and Japan, one cartage, and a small profit to ourselves—which, on our large sales, will amply pay us.
Through our system of supplying Clubs throughout the country, consumers in all parts of the United States can receive their teas at the same price (with the small additional expense of transportation) as though they bought them at our warehouses in this city.
Parties getting their teas from us may confidently rely upon getting them pure and fresh, as they come direct from the custom-house stores to our warehouses.
We warrant all the goods we sell to give entire satisfaction. If they are not satisfactory they can be returned at our expense within 30 days, and have the money refunded.
The Company have selected the following kinds from their stock, which they recommend to meet the wants of Clubs. They are sold at Cargo Prices, the same as the Company sell them in New York, as the list of prices will show.
Price List of Teas, OOLONG (Black), 70c., 80c., 90c., best $1 per pound. MIXED (Green and Black), 70c., 80c., 90c., best $1 per pound. ENGLISH BREAKFAST (Black), 80c., 90c., $1,$1.10. and best $ 1.50 per Ib. IMPERIAL (Green), 80c., 90c., $1, $1.10, and best $1.25 per pound. YOUNG HYSON (Green), 80c., 90c., $1, $1.10, best $1.25 per pound. UNCOLORED JAPAN, $1, $1.10, best $1.25 per pound. GUNPOWDER (Green), $1.25, best $1.50 per pound. Consumers can save from 50c. to $1 per lb. by purchasing their teas of the GREAT AMERICAN TEA COMPANY,
Nos. 31 and 33 Vesey Street Post-office Box 5643, New York City.
Entered according to Act of Congress, in the year 1868, by
In the Clerk's Office of the District Court of the United States for the Southern District
of New York.