KAIAPOI.
Tho exports from Kaiapoi for the month ending March 31st were 6981 bushels wheat, 2697 bu.hels oats, 203 bushels barley, 577 bales wool, 3 tons flour, 20 bags beans, 2£ tons cheose, 1 ton bacon, 5 sacks bran, 15 cwt potatoes, and 6 casks tallow. The grain season has now fairly set in, and the exports of cereals will for a time be increasing.
The Rope Tbade. —We learn from Messrs Garnock, Bibby and Co's circular, of January, 1869, that trade has been generally very dull during the past year, and prices have not fluctuated much. Manilla rope has ruled high, and is likely to do so for some time, as the supplyof hemp is not equal to the demand; The consumption last year was 8329 tons, against shipments of hemp from Manilla for twelve months' ending November 25, 7,566 tons. Iv spite of advanced prices the consumption of Manilla rope is on the increase, being upwards of 1000 tons more in 1868 than ; it was in 1867 ; this is partly owing to the demand for the new Atlantic cable. The steam trade of the country being on the increase, the consumption of Manilla must continue large, Manilla being the only reliable ropes, where great strength combined with elasticity is required ; and the general inferiority of Russian hemp further tends to increase the consumption of Manilla. The price of Russian hemp is high, and if there is an average trade this spring must go higher, stocks being nearly 5000 tons less in hemp and yarns (Riga and St Petersburg) than this time last year.
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Press, Volume XIV, Issue 1863, 5 April 1869, Page 2
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265KAIAPOI. Press, Volume XIV, Issue 1863, 5 April 1869, Page 2
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