KAURI GUM.

Auckland Star, Volume LXIII, Issue 264, 7 November 1932, Page 4

KAURI GUM.

A FLUCTUATING MARKET. LIMITED INQUIRIES. Orders co-ming ferward for white gume reveal a very email consumptive demand overseas, for the quantities taken are very limited. In ordinary and three-quarter white the-demand has'slightly improved, with prices a little .better. Small white nuts and. white chips and dust have been comparatively neglected since the last order was completed. Inquiries came in for bush gums, but no business was finalised, on account of holders asking for an advance in iprice to cover the cost' of collecting. "In 'black gum the best qualities have become very scarce, as parcels coming forward are very limited in quantity. Medium black and ordinary black are very sluggish, but stocks l in store are not troublesome, being only a very small percentage of the quantities usually carried by brokers a few years ago. Black chips are slow, with an easier tendency eince laet month.

Supplies arriving in 'the city during the month of October amounted to 176 tons, which is five tone more than the total quantity received during the previous two months. However, it will be eeen by the following table, showing the number of tons sent to the city during the first ten months of recent years, that the quantity to hand last month represents a substantial reduction on the amount usually handled in October, while the total quantity so far to hand this year, 1989 tons, is less than has arrived in a similar period for over half a century. 1928. 1929. 1930. 1031. 1932. January .. 278 290 371 158 194 February . 307 275 412 281 277 March .. . 411 240 563 386 224 April 338 339 441 300 405 May 390 42(i 374 394 245 June 331 285 247 263 144 July •. 3C4 349 309 244 153 August ... 331 317 194 251 43 September. 288 323 214 208 128 October .. 35G 534 328 192 170 Totals . 3374 3378 3453 2086 1089 Fungus. Advices from China indicate a dull market, with ample stocks on hand to carry over for some time. The local market has been affected to a certain extent by supplies from the Islands, which have realised very low prices.