COMMERCIAL.
The exports still continue low. The. monthly aggregate is £890,000* New Zealand Debentures are at £100. The third series of wool sales commenced on. the 1 lth. The bidding was good,, ajid the prices were equal to the closing prices of the former series. The wool sales intended for- October and November will be held at one sale in November. This strengthened upward tendency. The harvest prospects are improved, and wheat is lower. Messrs Devitt and Hett report regading New- Zealand flax, as follows : — Best dressed sorts, in good demand, at £30 to. £32, 10s per ton; inferior descriptions scarcely saleable at .£'ls to j£lß per ton. Out of recent arrivals, the following sales were made : — Ex Helen, from Lyttelton, Selwyn Manilla £20 to, £2^ 10s ; C. B. M., £20 ; Flaxborne mills abou.t £23; ex Electra, from Wellington, £23 ss. The small parcels, per Helen, sent as specimens of cleaning by the new process, have proved a decided failure. The England arrived from Canterbury, with, her running rigging entirely composed of New Zealand rope made in the colony. The trial had been highly satisfactory and encouraging.
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Tuapeka Times, Volume III, Issue 132, 18 August 1870, Page 6
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187COMMERCIAL. Tuapeka Times, Volume III, Issue 132, 18 August 1870, Page 6
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