FLAX REPORT.

Manawatu Herald, Volume II, Issue II, 13 December 1889, Page 3

FLAX REPORT.

We are indebted to Messrs "W •and G. Turnbull for 0. Spurting 1 NWZaaland He"np Market repot 27 Lesdenh;iUstreet, London, h November, 1889— My last advcc were of the sth ultimo, siuc? whic there has besn a very fair busine concludad in New Zea'and Mem]; "b th by a «d Home co» sum. rs duritig the month, at rathe higher prices for good and commoi sorts; whilst medium descr.'p ion show coin laritively litt c eh n»-e ii valiy,. The supplies both of hem] an r 7t tow at auction have bee] l'.beral comprising 4140 bales of th "former and BQO bales of the latter Of these the greater part of th hemp has been placed, whilst onh about half the tow found buyers The late heavy arrival per Banff shire has disorganised our rrurfcel ior tow which has declined to £5 10s to jEo 15s for common sorts showing beyond freight a total loss of pro. ceeds. Arrivals since sth ultimo ar< Aorangi, Banffshire, Abercarne, anc Cloncaria, with a total of 2846 tales hemp, and 687 bales tow. Of fim quality hemp there is still a greal scarcity, which accounts for the slightly higher rates recently paid whilst the improved value of the common sorts is mainly to be at- , tributed to the advance of £3 to £4 per ton which has taken place on common brown Manila since the date of my last advices The writer "begs to enclose and to call attention to some further printed advices as to the preparation and baling of NewZealand hemp which he has formulated in the hope that they may be of service to exporters and shippers. Our market today closes firm for hemp at an nexed quotations, whilst tow is all hut unsaleable. Annexed are particulars of the landings, deliveries and stocks of New Zealand hemp for the month ending 31st October, 1889 :— Landed, 782 tons ; delivered, 647 tons l . stock, 645 tons. Prices current Wellington Fine, £33 10sto£35 ; good £32 to £82 10s ; middling to fair, £29 10s to £30 10s; apmnion to middling' £26 10s to £m 10s ; low and ordinary (nominal) £24 to £26 10e. Auckland— Fine, £88 10s to £35 ; good £32 to £33 ; middling to fair, £29 losto£3l 10s; .> common to middling. £28 10s to £29 10s ; low and ordinary (nominal), £25 to £27. -E. Post. *