HEMP INDUSTRY.

Manawatu Herald, Volume XXXIX, Issue 1737, 12 July 1917, Page 3

HEMP INDUSTRY.

The Loudon market continues very strong, und f.o.b. Wellington prices have iulvimced lo (he following rules:- —Food i‘;iir grade, £OO per loir, high fair, £SO; low fail', £57. Owing In a temporary improvement in facilities for shipment, some slight relief of accmmilal ions may tie expected, hat prospect* for shipments for later delivery arc not encom'ageing, and probably the wool season will be opened w'ib still a large (pmnlity of (lax in store awailing shipment. America is still a buyer, (ml'there, again, freight diriicnllies are in (lie way. The mills are keeping on while pviees are atilieir present level, but wet weather lias natudally interfered with product ion.— Wellington .Post. JU-NF (HiAl.)L\’(! UPTURNS. _ The total numhor of bales of hemp graded at. Dominion ports last month was 10,8-18, as compared with 10,505 for the corresponding period of last year, an increase of 248 hales. For the twelve months ended •June 30th last the number of bales graded was J 45,0.12, as compared wilh 445,328 for ihe previous twelve months. ;m increase of 3,584 bales. Daring the month, 2,881 bales of tow were dealt with, as compared with 2,84(1 for the 'corresponding month of last year. For the twelve months ended Juno 30th, 1917, the number of bales graded was 37,408 as compared with 30,038 for the previous twelve months, a decrease of 2,140 bales. During (be monlli (lie number of bales of stripper-slips graded was 73, as compared' with 252 for (lie corresponding month of last year. For ihe twelve mouths ended June 30th, the number of Julies graded was 4.151, as compared with 0,811 for the previous twelve months, a decrease of 2,000 bales. , Of the hemp graded last month. Auckland had 2,303 halos, Foxtou 3,422, Wellington 2,387, Blair 1,3(18.