COMMERCIAL.

Auckland Star, Volume XXXVII, Issue 230, 26 September 1906, Page 2

COMMERCIAL.

KAURI GUM MAEEOST. The market for kauri gum hiis been fairly active since last mail, steady business beiug »!o::c iv ihe better grades of black, and good re-scraped sold i-eudily owing to supplies Iming limited. Bold superior ordinary has alto met with fair demand, but saies of K;i.-t Cuast are still hard to effect at the present high raU'.s. Very pour Quality .cum has not been miicli sought after, nor were crdlliiU-y chilis and dust wiiuted. The bariiUi' Vlceland-la on the berth to lnad for New York, anrl will probably not get away till towards the end of October. Supplies •<f ~u;i; from mail to mail totalled 346 tons, ami for Hie mouth to date 550 tons. —Jx.fiorts for the ,Kist three weeks were us follow: Mnona. 15 ' tons, for Sydney: RimnTnka, <;n ioue. for Now York, and 101 to::-; for Europe. The Mlmaro (still t.n Piul) bus < !i huard l-(i tons, of which SI :ire lor New York aril tbe balance for Europe. LONDON CABLE. LONDON, September 'Jt>. j Tlie wool sales have opened. Prices are j in from pur to Id decline, as compared with the closing sales of the last series. The New Zealand Loiin and Mercantile!. Agency, Ltd., has received the followiug ruble from its London bouse:—"As ci>m'jiared rvuh last sales' closing rates, the •juices for greasy merino snper, scoured merino super, and fine greasy crossbred, are the same, wnile for merino medium -and inferior coarse greasy crossbred, crossbretl slipe and coarse scoured crossbred prices .'ire about par to j> per cent lowevl. irhe competition by both home and foreign toujors is fairly active." A. S. Paterson and Co. also report tbe following: "Lonfion September wool Miles, opened firm. Crossbreds,, all descriplinDS greasy, market unchanged; merino floelined 10 per cent. Short slipes and all others ptcartj".'.'