Commercial.
As a set-off to the depressing report of the London brokers relative to the value of flax, as published in our last, we take the following from the New Zealand Loan and Mercantile Go’s. Circular by last mail: —“We are unable to report much business in New Zealand flax since our. January issue, but we see evidence of a better opinion regarding its usefulness, several experi-; menta having been tried with it, with, on the;! whole, satisfactory results. Some persons have • been taking great trouble to create a prejudice against the use of this fibre, but if prices are kept at a moderate rate we have no doubt there will presently be a large consumption of the better sorts.” Our readers will bear in mind that this is given by a company whose interest in the matter is confined to advancing money on the article.
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Bibliographic details
Marlborough Express, Volume V, Issue 229, 7 May 1870, Page 4
Word Count
146Commercial. Marlborough Express, Volume V, Issue 229, 7 May 1870, Page 4
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