The Pamphlet Collection of Sir Robert Stout: Volume 62
A new impetus was given to this trade by the scarcity of Manila hemp in the European and American markets, and consequent advance in the prices. This was quickly followed by large orders received in New Zealand from the United States, for binder-twine purposes. These have page 13 gone on increasing, so that the exports for the first half of the current year are larger than any whole year since 1883, viz. 6,025 tons, of the value of 132,821l., and there is every reason to believe that the demand will strengthen as the quality becomes better known and appreciated. Since the adoption of twine for binding up has become so general, considerable trade has been done in the colony in the manufacture of fibre into twine, resulting so favourably that it seems hardly reasonable to continue to import twine that can be as well made here.