LONDON FLAX REPORT.

Southland Times, Issue 1208, 11 February 1870, Page 2

LONDON FLAX REPORT.

Since the date of our last issue tlie arrivals of this staple have been email, and the quality below that of previous shipments — some parcels, we notice, being very partially cleaned at the extremity, and the flag being apparently only bruised. As freight and other charges on these parcels are relatively the same as on the better sorts, -we cannot think that results will be considered satisfactory by the shippers. Bright and well-cleaned parcels continue in damand, at prices slightly under our last quotations. Manilla Hemp, with which this staple conies into competition, may now be quoted 20s to 40s per ton lower. "We do not anticipate any great reaction on the late high prices realised for New Zealand Flax for some time to come ; but this will mainly depend on the Manilla Hemp market. Sales since the 4th November are as under : — Ex Hawkesbury, Nov. 10— M&Co over T. 73 bales, £35 5« to £36 15s per ton for sound ; M&Co over TH, 1 do, £40 15s do ; M&Go over Evans, 3 do, £40 do. Ex Norfolk, from Sydney, Nov. 11— BW, 11 bales, £39 15s per ton for sound ; Mills, 7 do, £48 15s do; Mills over Tow, 3 do, £16 5s do. Ex Hawtesbury. from Sydney— B&W 68 bales, £42 to £42 15s ; B&W over Tow, 2 bales, £18 ss. Ex Percy, from Auckland.— Nov. 18 — No mark, 28 bales, £39 1 5s per ton for sound. Ex Walter Hood, from Sydney.— Nov. 25 — DA, 3 bales, £32 10s per ton for 'sound ; DC, 1 do, £36 do ; DE,7 do, £52 do ; D&Go, 8 do, £36 do ; 1 do, £32 do. Ex Liberator, from Sydney— A, 54 bales, £37 10s for sound ; S, 5 do, £32 10s do. Ex Walter Hood, from Sydney. — December 1. — B D & Co., 82 bales, withdrawn at £40. Ex City of Pekin, from Melbourne, — Dec. 2. — No mark, 25 bales, rough, £20 15s. New Zealand Loan and Mercantile Agency Company, Limited, 3rd December, 1869. Messrs Enis and TTat.t; mark a large demand, and prices obtained very high, many of our rope manufacturers now using this article. 284 bales in auction were all disposed of at high prices, there being a good competition ; fine clean long, £52; fair and good, £42 15s to 48s 15s ; partly cleaned and brownish, and mixed, £32 to £39 15s. Tow, £16 5s to £18 ss.