DEPRESSION IN FLAX INDUSTRY.

Colonist, Volume LI, Issue 12460, 9 February 1909, Page 3

DEPRESSION IN FLAX INDUSTRY.

♦ [United Pbess Association.] ..'••■ Wellington, Feb 8. The monthly report of the Chief Fibre Erpert shows a serious .de 7 dine in the quantity of hemp produced. In January 6263 bales were graded compared with 12,086 bales for the corresponding month of -last year. -For the .twelve months ending January -31, 1909, JJie grading totalled 83,606' bales, .'a decrease- for twelve months of 55,414 bales. The Expert states that the millers despondent at the butloolc and a good many will close down if further fall in prices should occur?