COMMERCIAL.

Auckland Star, Volume XXXIX, Issue 168, 15 July 1908, Page 3

COMMERCIAL.

KAURI GUM MARKET. Auckland Star Office, July loth, 1903. The position of the kauri gum market is still unsatisfactory. It is now quite evident that the supply of kauri gum is limited when the price does not suit the diggers, from which it may be presumed that the men (when the figure offered is too low) can find more remunerative employment. The supplies of gum sent in for the month of July to date is 226 tons, as compared with 343 tons for a similar period last year. This brings the total shortage for the year to date, as compared with the supplies sent in last year, to 1021 tons. Tlae production of gum for the last six months is the smallest for a similar period for the last 11 years, namely, in 1807. .It is somewhat interesting to note that although there are meetings of the unemployed in town, there is no sign of the supply of gum increasing. In bygone years one of the first results of lack of employment in the town was to cause the men to take to the gumfields, but apparently thnt state of affairs is at an end. The export of gum continues fairly good. The Wakanui takes away about 200 tons of gum for London ana rsew York. AUSTRALIAN MARKETS. (By Cable.—rress Association.—Copyright.) (Received 10.27 a.m.) SYDNEY, this day. Wheat: 4/1. Flour: £9 5/. Oats : Algerian feeding. 3/6; seeding, 3/9; New Zealand white, 3/7; South African, 3/7 to 3/8. Barley: Cape, 4/6. Maize: 1/7 to 4/8. Bran and pollard: £6. Potatoes: Tasmanlan. £4 10/ to £5. Onions: Victorian, £S. Butter: 124/ to 128/. Bacon: 7sd. MELBOURNE, this day. Wheat: 4/. Flour: £9 10/. Oats Algerian, 3/3. Barley: Prime Cape, 4/2. ' Maize: 4/3. Bran and pollard: 1/2. Potatoes: £3 10/ to £3 15/. Onions: £6 10/. ADELAIDE, this day. Wheat: 3/11. Flour: £S 10/. Oats: 3/1 to 3/3. Barley: 3/10. Bran and pollard: 1/2. (Received 5.33 a.m.) LONDON, July 14. Silver: Bar silver is quoted at 2/05 per oz standard. Copper: Spot £57 13/0, three months £5S 7/6. Tin: Spot £129 15/, three months £130 12/6. LONDON WOOL SALES. AN ACTIVE DEMAND. WELLINGTON, this day. Today .Mr. Beauchamp, chairman of directors of the Bank of New Zealand, received the following cablegram from Lontlay: "The wool sales have opened with strong competition, and a large attendance of buyers. There is an active demand by all branches of the trade, and prices are id to Id Hi higher. Coarse ei-ossbreds, SIVs to 40's. average condition. 6Jd to 7d; medium crnssbreds, 44's to 4G's. 7!d to 73d; fine crosa-breds, 50's, 0d to OJd. The market" is strong for super merinos. LONDON WOOL SALES. (Received 12.17 p.m.) LONDON, July 14. There was a very large attendance at w* out SJS» xS, " Oty - ailne was about Sve