The Flax Market

Feilding Star, Volume XI, Issue 51, 17 October 1889, Page 3

The Flax Market

The London circular of the Loan and Mercantile ■ Agency Company, dated September 6, says regarding New Zealand; hemp :— During the past month tfee market for New Zealand hemp has continued steady in sympathy : with; the improved tone ' observable in that for Manila fibre, and for the better qualities an ad* vance of fully 10s per ton has been obtained, 1 while latterly ia consequence of the delay, in obtaining fresh supplies on account" of the strike— some 3500 bales nW. waiting to be landed at the Docks-inferior qualities have m et with » readier sale at somewhat firmer rates; - -Sales at auction and orivatelyVaggregate some 3000 bales, Buperior. dressed hemp realising from £30 to iM P>r : i on » * nedium to & ood from £2* to £# per ton, and barely medium And slightly strawy parcels from £26' 15s to $> * 10s pr ton while ordinary description, off colour and badly, .dressed, made from i,L 3 to J>6 per ton, .'Tow has been in hn it?d w"iuest at. prices ranging from £5 to £7 her ton. Manila closes stea- yat ?44 10s for " fair current" September Jhiomen*, while on 'he spot sales have JLm recorded at .£4B per ton, and

c.i.f . terms. Sisal is quoted nominally at £48 per ton.

The above company have receiyed the following telegram from London, dated 11th instant : —

Wellington— Fine, £32 to £34 10/- ; good, £20 to £30 10/- ; middling, £25 10/---to £20'; low and ordinary (nominal), £22 to £24 10/-

Auckland— Fine, £32 10/- to £34 10/- ; good, MO 10/- to £31 10/- ; middling to fair, £28 to £29 10/- ; common to middling, £27 to £28 ; low and ordinary (nominal), £24 10/- to £25 10/-

Mr S. J. Thompson, the popular proprietor of the Bed House, has opened up his Spring consignment of Goods, and will give a detailed account of them in an advertisement to appear shortly.

Cobbe & Darragh baye received a full rsinge of new Samples of Kaiapoi Tweeds, from which they are prepared to take orders for Suits, &c, made to measure. They guarantee the fit and finish of all 'Garments which they imrlertake, and can supply them at a slight advance on the prices often paid for ready mades.