Hemp Prices Fixed.
The Prime Minister is in receipt of the following telegram from the High Commissioner for New Zealand:— '' [lemp Controller now advises that it is proposed to fix maximum price of New Zealand hemp at £1 per to>i higher than figures before mentioned. Tow —fixed prices as follows: —No. 1, £59 per ton; No. 2, £56 per ton; No. 3, £54 per ton." Levin and Co. have- received cable advice to-day from London that the Imperial Government has fixed the maximum prices at which New Zealand hemp can be sold in London, as follows:—Good fair, £84 per ton; high fair, £82 per ton; low fair, £81 per ton. The prices are c.i.f. London, war insurance paid by the shipper. No information is to hand as to what period the prices are fixed for, a.id no further details are to hand at the moment. A Press Association message received from London this morning states that the Army Council has fixed the maximum prices for New Zealand hemp and sisal fibre in order to secure binder twine for the farmers at a reasonable price.
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Bibliographic details
Levin Daily Chronicle, 25 September 1917, Page 1
Word Count
184Hemp Prices Fixed. Levin Daily Chronicle, 25 September 1917, Page 1
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