NEW ZEALAND FLAX.

Southland Times, Issue 1211, 18 February 1870, Page 2

NEW ZEALAND FLAX.

The Wellington Independent has teen favored ■with the following extract of a letter, by Messrs Turabull, Beeves & Co., which will be read with interest : — " Since last mail the quantity of New Zealand flax offering has only been moderate, all of which has sold readily at about the same prices SB we advised you last mail ; and these prices are lftely to be maintained as long as Manilla hemp keeps its present high value. We also enclose you pro forma account sales, which will enable you to estimate the charges. Insurance will have to be made free of particular average, larger samples are expected by the William Cargill, which will shew better than the small one already received. New Zealand flax is growing into favor, and, well cleaned, will sell readily. The length of fibre is an important feature. The exceptionally high price of Manilla hemp has caused a great demand for Hub article, and these prices may be considered extreme." The prices referred to were for a parcel of about 450 bales ex Percy, from Auckland, which fetched £47 158 to £51 10s. Samples of flax, and twine made from it, can be seen at Messrs Turnbull, Beeves & Co.'s offices.

ACCOUNT SAXES, AT PTJBHO BAIS. cwt qr lb 140 bales weighing 412 2 o—(about0 — (about 3 cwt ea) Tr and dft 101 b ea 12 2 0 400cwt at £30 per ton £600 0 0 Less 3$ percent, discount 22 10 0 £577 10 0 CHABGKES. freight on 412cwt 2qr, J at £7 per ton (Bay id \ per lb), £144 7s 6d, primage, £7 4s 4d ... 161 11 10 Sale expenses, at 2a 6d per ton, £2 12s 6dj entry, 4s 6d 2 17 0 Landing 21 tons, air 4s ; j housing and weighing . ' i on delivery, do, 2s 6d; ; other charges, do, Is 717 6 Sent, at 5d per ton per week, four weeks ... 115 0 Brokerage, at 1 per cent. 6 0 0 Fire insurance, 5b 3d per cent, per month, two months ... 3 3 0 Insurance, N. Zealand to London, valued at £700, at 40s per cent. £14; policy duty, 2s 4d ..r W 2 4 Commission on £600 at 2* per cent. ... 15 0 0 . 202 6 8 £375 3 4