.HIGH COMMISSIONER'S CABLE

Dominion, Volume 3, Issue 734, 5 February 1910, Page 8

.HIGH COMMISSIONER'S CABLE

[„ ANOIHEE VIEW. i> A % local business man, speaking yester- [ cay to a DosmaoT representative aprooos \ of the recent criticisms of tho High Coins' missianer's market advices, said thero ivas f ■ opt to be more in theso matters than met I the eye. It would be interesting, for m- [ ' stance, to know whether the hemp prices I cabled to the different firms on tho same ', day aluays agreed. Cases had come under f his notice in winch there nas quite as k .. much difference between tho quotations b received by deferent -firms at-tho same 1 time as between the High Commissioner's table last Monday and tho private advices quoted in. the press The original complainant m this case was, he thought, rather an ingenuous person, as he had , sought to make a comparison between the ' 'Government advice as to "on spot" prices >ond his own cable for January-Fobruary ; .shipment Tho difference between his ' iJanuary-February quotation and rpartment's January-March, ono was only | &. This nas trifling, when one considered tho general unsteadiness of the 1 Ihcmp market of late. Ho had been ad- I J vised only recently of an instance in which one day's closing quotation for hemp, . ' cabled first thing next morning, was 15s I ' fwide of the mark boforo the day -was through. It was a fairly easy thing to I > get tho actual prices of sales in. London, ' i and boforo the High Commissioner's cable (Could be condemned because it differed ■ J Srorn private advices bearing tho same date, it -would bo advisable to discover whether there was not equal disagreement | (between tho advices received by the different; houses ongaged in the trade. r As the Minister fer Agncnlture is away i .on the West Coast of the South Island, (the official sido of tho case-cannot bo ob- i jtained until dealt with by hun, the De- I ipartmontal oiEcors now ,bomg prohibited , prom making communications to tho I ipress '