THE HEMP MARKET.
HIGH COMMISSIGNIIRD RBPORT.
The Hit’ll Commissioner cabled ;is follows mi Tuesday last : The Manila. market is (inn nl higher rales. Good demand eontimies. J. grade’sold up to .fil l 10s, October-Deeemher shi|»menf; £(is lauuary-Maivh shipment and Keh-ruary-April shipment. Out put last year, 1,101,000 bales, as compared with 1,410,000 hales in 1018. The shook of Manila at end of December was 381,000 hales, compared with 301,000, 'The New Zealand market is quiet but linn. Pair on spot sold at £52. Present quotaliotis for spot are: high points £SO, fair £52 10s; January-Mareli shipment, £53 and £4B. Mexican sisi 1: It is understood that the Commission Reguladorti have gone out of business, stocks have been hypothecated to the bank, who cannot old am suitable offers, ami therefore are holding for better prices. Buyers are holding off on account of uncertainty, regarding disposal, as stocks on hand consist of 250,000 bales, and the market is weak and irregular, '
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Manawatu Herald, Volume XLII, Issue 2081, 24 January 1920, Page 2
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158THE HEMP MARKET. Manawatu Herald, Volume XLII, Issue 2081, 24 January 1920, Page 2
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