CALCUTTA JUTE MARKET.
TREND OF PRICES. The raw jute market, at Calcutta was reported by Hoare, Miller and Company, Limited, to be very quiet at tho beginning of March. Receipts at tho . mills and exports, including a carry-over U, the end of last season, amounted to 7,978.000 bales, and 500,000 bales arrived at Calcutta, but were unsold. Thcso figures approximately correspond to those for tho same period last season, hut, as the crop is smaller, stocks in the growing districts will be lighter (hail they wore at this time last year. Thero was little export demand, and tho market at tho time of tho ■ report was very quiet, and mills wore showing little interest in it. Tho demand for manufactured jute goods in February was slack, and prices showed a downward tendency. Tho limited demand for Australian cornsacks was regarded as a reflection of the quiet conditions in Calcutta.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19290429.2.20
Bibliographic details
New Zealand Herald, Volume LXVI, Issue 20241, 29 April 1929, Page 9
Word Count
149CALCUTTA JUTE MARKET. New Zealand Herald, Volume LXVI, Issue 20241, 29 April 1929, Page 9
Using This Item
NZME is the copyright owner for the New Zealand Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.