COMMERCIAL.
KAURI GUM MARKET.
AUCKLAND, Weanesaiiy.
The kauri gum market is ih such a : disorganised condition at the'present .. time owing to the absence of demand M for shipment to London, that iPi» ■; pffctieally useless to try and giv« M quotations to indicate the rulitiyA price. Stocks of gum are steadily;:' accumulating, and in some instancesH holders are offering to quit -at a c<y|B siderable reduction. In. other Cases . holders of good lines are content T___\ wait for full prices. Meanwhile thej| London market is so overstocked that-.-, there is no inducement to ship gum ut what arc called current quotation", which nominally are as follows: — "*1 Poor ordinary £35 to £%&:$ ; Fair ordinary £45 to £50-;., Good ordinary \ && to £68l] Superior ordinary. £70 to -EMI,. I East Coast ' £75 , _pward#||
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Bibliographic details
Auckland Star, Volume XXXII, Issue 49, 27 February 1901, Page 2
Word Count
129COMMERCIAL. Auckland Star, Volume XXXII, Issue 49, 27 February 1901, Page 2
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