COMMERCIAL.
THE HEMP MARKET. (Per Press Association.) WELLINGTON, June 9. A private cable message received from Melbourne this morning somewhat complicates the position of the hemp market. The chief fibre experts’ view, in a report, was that during the past fortnight the prices offered by New Zealand. buyers for good fair deliveries to the end of the year have advanced per ton —viz., from £l9 10s to £2l. The High Commissioner’s cable message, under date of the 29th May, indicated a rise of only os per ton, and no further rise on the sth June for forward and spot sales on the London markets. There are actual inquiries from that quarter at 10s. An advance is also simultaneously reported from America of £1 higher. The effect of the private cable referred to was that the Manila market had declined another 30s, and that the price was most likely to irule lower. The offer made, was £l9 to £l9 10s for “good fair,” free on board at Wellington, and according to grade points. Onlookers experience considerable embarrassment in connection with the reports of the state of the. hemp market that are at present in circulation. , THE PRICE OF BUTTER. WELLINGTON, June *.
The price of butter has been raised to Is Did wholesale and to Is 2.' .retail.
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https://paperspast.natlib.govt.nz/newspapers/GIST19090610.2.21
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Gisborne Times, Volume XXVII, Issue 2524, 10 June 1909, Page 4
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216COMMERCIAL. Gisborne Times, Volume XXVII, Issue 2524, 10 June 1909, Page 4
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