Rise in Flax.
« . — Wo are glad to know that there is a marked improvement in the flax market. During the weok, millers have been pressed to aocept contracts at £15 10s, but we are informed by one miller that ho has secured on order at £'10 tor his output up to the end of February. "We trust our millers will tako nothing under £10.
Since writing the above Mr McMillan of McMillan Rhodes & Co has ] called in, and informs us that in Wellington news hns been received of the sale of 2000 hales of hemp in Loudon ranging from £28 10s for _--od quality, to £27 for fair and £23 10s for ordinary. His firm hold large ordeis, and they are prepared to buy at the highest market quo tations. We loam that Messrs Williams & Co havo a contract at £1(5 and will ,'i-ohably start a second stripp:*r Messrs Russell A Co, und Rircliley &Co wil also make an immediate start on these prices. The contiact is to the end of February.
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Manawatu Herald, Volume III, Issue III, 8 November 1890, Page 2
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172Rise in Flax. Manawatu Herald, Volume III, Issue III, 8 November 1890, Page 2
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