Commercial News
NEW ZEALAND HEMP. The following is clipped from the N.Z. Loan and Mercantile Agency Company? 8 report of the 1 Oth August: —The past four weeks have witnessed renewed fluctuation in the value of manilla, and while the market for New Zealand description has not been unaffected thereby, price 3 have on the whole been fairly well maintained, and, as compared with those ruliug a month ago, they exhibit no material alteration. Sales at auction and privately aggregate some 5,000 bales, the bulk of which consisted of good medium kinds at prices ranging from .£27 and. £28 10/- .per ton, but quah-: ties below this standard.and badlydressed parcels haye > continued ..ex-.. treuaeljT difficult of sale, business in the latter being recorded -at from £23 and £25 per ton, and in the former at from £26 and -£26. 15/- per ton. In Manilla hemp business has-been reported at £43 per ton c. i. f.'for " fair current," but latterly the market has given way, and closes weaker at a decline of about £l per ton, on this price, while on the spot " current" is quoted at £47 10/- per ton. A somewhat better enquiry has prevailed for tow, 'and about '400 bales have changed hands at .from £5 15/- and £7 ton. .
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Bibliographic details
Feilding Star, Volume XI, Issue 42, 21 September 1889, Page 3
Word Count
212Commercial News Feilding Star, Volume XI, Issue 42, 21 September 1889, Page 3
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