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Commercial News

(per peess association.) London, October 12. Wheat is 6d dearer. The New Zealand Loan and Mercantile Agency Company, under date London, sth September, reports:— New Zealand Hemp— Since our last issue the market, has been extremely dull. At the four public sales which have taken place 2990 bales were offered and 1250 bales were sold at and after the auctions with a tendency throughout to easier rates. The improvement in the preparation of much of the fibre now received from New Zealand is very marked, and cannot fail to have a beneficial influence on its position in this market. Manila has further declined, and fair current is now worth £50 5s per ton, c.i.f. to arrive, and £31 on the spot, c.i.f. terras. Sales of • sisal have been effected to arrive at £21 per ton, ex quay, Liverpool, but ; at the close holders are asking more money. We quote : Superior soft, bright hemp, £23 10s to £24 per ton ; good medium, well-dressed, £23 to ' £23 10s; fair to medium, £21 10s to £22 10s; do slightly strawy, £20 10s to £21 ; common, coarse and strawy, £19 to £20; hackled tow, £16 to £18 ; tow, £6 to £6 lQs.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS18911015.2.19

Bibliographic details

Feilding Star, Volume XIII, Issue 46, 15 October 1891, Page 3

Word Count
200

Commercial News Feilding Star, Volume XIII, Issue 46, 15 October 1891, Page 3

Commercial News Feilding Star, Volume XIII, Issue 46, 15 October 1891, Page 3

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