FINANCE, COMMERCE AND MARKETS.

Auckland Star, Volume LVII, Issue 16, 20 January 1926, Page 4

FINANCE, COMMERCE AND MARKETS.

THE KAURI GUM INDUSTRY. -AMERICAN TRADE OPTNTTON r-'i-"', M,\ ; '-f.d. Auckland _urn mer pant? continue to receive communication- from :he United Stares virh reference '.. "be possible • dYo-."-:. in "he ca.nr: _i:m ii'iu-i:"' v ten -he 'liii-.-min.-tii Control Board commences :.o 'iin.-'.o:i. mi extract irom one of the .c;:. received from ) New YorK ;irrn states-.— I..is .\>-r n our .nimble .pinion -nines """ 'at>' "° urotit -he k.iitr: msine-- -v your mm- •:-.- -.. any -real -\':.-'i-. nsidar .is it •-.•bites -o -".is .-onnr: -.- !".»■ -on-vimp-•inn of kauri in 'ins oiiutr" .s passing Tiironi-h 1 -r.no of Alteration, which .viil some day make "he import at inn of kauri unprofitable, in: mmedinteiv .t is true, but eventually, for 'he " '.ason. that "wo if tin- largest ultimate consumers or e.uin in 1 ini.-iied product have found. ''."" material when nukes production ..-eater in 1 .riven per-.ori of '.mc. than kauri products do and tins material is vast.- li'nm other industries. We pre not. pessimists in tins matter, nit wo simply look at the facts as they arc We also do not know if anyone here has furnished you with 1 view of the situation, .or we -an safely say that if -he intent inn of he Control Board is to advance pncf. and Control Boards as a rule have -..ich .1 habit, it « ill he more to their credit and to "lie benefit, of the kauri business if a way can he found to lower prices in order to induce the continued use of kauri, even in a mixture of the new material, rather than let some other material take its place, as is being done at. this time. Another communication contains the following: —Owing to the changes which will take place shortly in the handling of kauri_ jam in your city it is difficult to secure orders for future business because no one seems to understand exactly what is iioins on and what the effect will be on the price of kauri jram.