KAURI GUM.

Auckland Star, Volume LVII, Issue 205, 30 August 1926, Page 4

KAURI GUM.

HIGH GRADES NEGLECTED. The supplies of gum for the month of July were 401 tons and the shipments ror the same month totalled 450 tons to a value of £32.889. The total supplies for the seven months or this year came to 2676 tons as compared with 3144 tons for the same period of last year. This shows a shrinkage or 468 tons. A comparison of the exports is as follows:—For the seven months of this year 3055 tons were shipped to a value of £210,288 for the same seven months of last year 34 83 tons were sent away valued at £252,967. These figures show a railing- away in exports or 428 tons and shortage in value of £42.679.

The market remains in an inactive position as reg-ards the higher grades of gum. from rescraped of all sorts down to and including , what is known as 82. On the other hand, the demand for black cblps and nubs and all kinds of white chips and dust continues rairly nrm. It is difficult to forecast the immediate future respecting- the grades which are at present neg-lected by the manufacturers. Previous slumps in kauri g-um have been due to definite causes, such as financial strlng-ency or g-eneral trade depression. Whilst the reasons may be true of ireat Britain and Europe it is certain! not true of the United States which has been Tor the past rew years and still 13 enjoying- unbounded prosperity.