HEMP.
:'/ . '• — * ...... ' \VHEN'"WILL THERE BE A RECOVERY? /(BY IitI.EGEArU— SrECIiL COIUIF.SI'tINnHNI.I Auckland, April 12. ■ Despito tho present condition of the Now Zealand hemp market, Mr. -J." Stewart, the Department's instructor and | expert, wlio is at present in Auckland, expresses a most optimistic view of the future of the industry. He considers that indications point,to a steady increase in market prices, and whilo lie doubts whether millers will again secure tho "inflated" values of the past, hemp will in timo reach a good marketable price.' Mr. Stewart complains "that tho majority of' Auckland millers arc content with the lower grades, but at the 1 samo timo he admits this is to be accounted for to a great extent as tho result of tho recent. drought. A leading buyer has expressed tho opinion that it will be October or November at all events bfiforo thcro is a payable market.
As far a3 South Africa is concerned, we must admit frankly that under present conditions we are scarcely ablo to. support the population already hero. /\n ill-regulated influx of- unemployed from England would only add to 'our 'difficulties.—"Natal 'Witness," Pietormaritzburg.
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https://paperspast.natlib.govt.nz/newspapers/DOM19080413.2.86
Bibliographic details
Dominion, Volume 1, Issue 171, 13 April 1908, Page 9
Word Count
186HEMP. Dominion, Volume 1, Issue 171, 13 April 1908, Page 9
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