KAURI GUM.

Auckland Star, Volume LXVI, Issue 29, 4 February 1935, Page 4

KAURI GUM.

CHEAP QUALITIES ACTIVE. HIGH GRADES VERY SLOW. The pronounced feature in to-day s market is the large amount of gum being bought for crushing into chips. Although substantial orders for crushed gum have been executed regularly by various merchants for many years past, it is certain that at no time previously has this class assumed such a large proportion of the total output. Hence a consistent demand for such grades as chalk and 83. Fair quantities of medium grade chips have been placed. For ordinary nubs the demand also continues unabated, leaving the market bare of stocks. A keen demand was again in evidence for 83, euppjies into town moving off instantly on arrival. The demand for this class remains uneattefied. Chalk enjegred nil equally ready demand at late rates. On the other hand, only very small quantities of rescraped and seven-eighth.-, scraped have had sale, and three-quarter scraped white is virtually neglected While nuts have also been very slow of ,sale for some time past. Good quality white chips, stocks of which have been slowly accumulating) have been meeting a fair inquiry. Bush gums of all grades have probably suffered more than any other class of kauri from the effects of drastically reduced prices. Prospects for this line