TALLOW, HEMP, ETC.

Auckland Star, Volume LXII, Issue 4, 6 January 1931, Page 4

TALLOW, HEMP, ETC.

The Department of Agriculture has received the following cablegram, dated 3rd instant, from the High Commissioner for New Zealand, London; — Tallow.—Market very quiet in sympathy with weakness of South America. No auction until January 14. Quotations nominally unchanged. . Hemp—Manila market quiet butsteady. Distant position neglected. "K grade November/January shipments sold £210/; January/March shipment, £22. Sisal: Market weak. Afloat parcels still pressed •for sale. First grade sold £18, second grade £17. £18 10/ bid for good marks December/February shipment and £19 5/ for February/April shipment with second grade 15/ to 20/ less. New Zeaiand: Market continues dull. One or two small sales for immediate shipment for bears covering but no interest shown by consumers in either near or distant shipments. High-fair January shipment sold at £24 10/; rejected, £18 5/ and second grade tow, £15. Nominal value JauuaryMarch and forward shipments, Highfair, £23; fair, £21 15/; common, £20; re-' iocted, £17 15/; second grade tow, £14 10/; third grade, £13 10/. , Peas.—Maple spot market very quiet, •buyers' ideas of New Zealand first grade new crop March/April shipment about 50/* A grade Tasmanian. February/March shipment sold at 52/. Blues: No demand for colonial though Tasmanian holders are prepared to accept low prices. Japanese marrowfats offered 13/6 ex store. Jvomin.il value New Zealand, £9 to £10 per. ton ex store/ .