COMMERCIAL. (European Mail, August 8.)

Waikato Times, Volume IV, Issue 220, 7 October 1873, Page 2

COMMERCIAL. (Eur opean Mail, August 8.)

New Zealand Hemp :—\\ c have to rpport a further fall }n this article; leading, however, to considerable business pmateh, with, at the close, a firmer tone pmailing. This js apcounted for by the very general opinion existing that shipments will fall oft" m the face of such low current rates ; at the same time, our present stock and lioatings must prevent any great upward movement. The quantity offered dining the past month foots up 1,790 bales,of which about COO bales found buyers at the following quotations :—Common, £17 to £18; good, £24 to £26; lair, £20 to £21 j fine, £27 to £28 per ton. Kauri Gum:—'l wo sales of this import have been held mice the issue of our last icport, at which collectively 819 packages were brought forward. The first took place on the 24th ultimo, when 505 caseb und 27 bugs were offered, of which two-tlnrdi consuted of old imports, which were chiefly withdrawn. The total »ales made embraced about 850 eases, ordinary soft dark «orts fetching 2U 6d to 27i fid; middling to good, middling (-craped kinds, 31s to 35s Cd; good clean tcraped gum, 40s 6d to 48s; and chips, 18« per cut. The second auction was held yesterday, when 197 eases were oata'ogued and all withdrawn above market \ alue.