THE HEMP MARKET.
The tonnage position shows no signs of improvement in London, and stocks held in the Dominion are still heavy. London buyers are eager to do business, hut their offers are made subject to assured delivery within a reasonable time. Some relief might he afforded by sailing tonnage for (lie States, but even this is problematical. Large stocks of tow, for which there is a. demand but no space, are accumulating. The Imperial Government's Manila, hemp fibres have been lixed as follows: —J, fair, £BS per ton; K, medium, £B9; L, coarse, £7B; M, coarse brown, £7(5; DL, duel coarse, £75; DM, dad- coarse brown, £73. These are the prices at which the Army Contracts Department is distributing supplies of fibre *lo ropemakers of the United Kingdom. The prices are for arrival in London. Ropemakers must apply for their requirements from their usual dealers, and allocations are made to them immediately each shipment from the Philippines is completed. Up to the present no action has been taken wiiii respect to New Zealand hemp.
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Manawatu Herald, Volume XXXIX, Issue 1734, 5 July 1917, Page 2
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175THE HEMP MARKET. Manawatu Herald, Volume XXXIX, Issue 1734, 5 July 1917, Page 2
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