THE HEMP POSITION.
Incessant wet weather during the month of August has brought hemj> production a.most to a standstill, and as a result of this inactivity very little business has been passing. Not only are several mills in the Manswatu district on the point of opening for the season (says the "Post"), but there is a fair amount of fibre in the paddocks awaiting fine weather before it on be dealt with. "When this ia being handled and the mill* about to reopen are in operation there should be a very good output during the next week or bo. The market is fairly good, although the best customers for high fair, the American manufacturers, have been rather quiet of late, but the bulk of the hemp put out has been low fair, for which there is a good ilcmand from London. Near at hand proeI'octs are not very bright on account of the "Ver-accumulation of supplies of Mexican sis;il. Unless the unexpected happens, no material improvement of the market is looked for until a little later on in the eeasou.
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Bibliographic details
Auckland Star, Volume LVIII, Issue 211, 7 September 1927, Page 4
Word Count
180THE HEMP POSITION. Auckland Star, Volume LVIII, Issue 211, 7 September 1927, Page 4
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