Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image
Article image
Article image
Article image
Article image

THE HEMP MARKET.

THE OUTLOOK

The hemp market still continues very unsatisfactory, with no immediate prospect of returning to nominal conditions. Merchants are not inclined to make contracts. Small parcels are being sold for practically early delivery at prices ranging trom ,£l7 to ,£l7 10s for fair, and to ,£lB 10s for good fair, but it is uncertain oow long this will continue. To help foster the industry, which is a very important one to this district, millers are struggling to keep the mills going, and to this end also, we understand, the owners of the two principal flax swamps in the Manawatu have agreed to reduce the royalty for this month, and the men are loyally accepting the reduced rate of wages. So far as we can learn, nothing definite has been arrived at as to freights. The latter is a big handicap, for the reason that merchants can only treat for short periods, not knowing what the next month will bring forth. Ail are looking for brighter prospects, if the war is speedily settled. Meantime it behoves everyone connected with the industry, from the owners of the swamps, and the millers (who have large capital at stake) to the employees (whose living depends upon it;, to all work together to one end, to keep the industry alive, for it is certain that once the product is off the market it will be difficult to get it on again.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/MH19140917.2.10

Bibliographic details
Ngā taipitopito pukapuka

Manawatu Herald, Volume XXXVI, Issue 1298, 17 September 1914, Page 2

Word count
Tapeke kupu
240

THE HEMP MARKET. Manawatu Herald, Volume XXXVI, Issue 1298, 17 September 1914, Page 2

THE HEMP MARKET. Manawatu Herald, Volume XXXVI, Issue 1298, 17 September 1914, Page 2

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert