KAURI GUM INDUSTRY.
Many gumdiggers in the Far North are on relief work, and actual production is at a low ebb on the gumfields, states the Auckland "Star." The fall in the value of the dollar, which increases the. cost of kauri gum to American importers and manufacturers, has slowed down inquiries from that country, after exceptionally heavy shipments during the last two months. During the month of May the exports to the States aggregated 58 tons, and 67 tons in June, which compares more than favourably with the trade during any similar period in the last couple of years, although well below the quantity usually taken before the slump.
The total exports during June amounted to 195 tons. 111 tona going to England and the Continent, 13% to Australia, and 3% to Japan, in addition to this 67 tons to America. Supplies during the month aggregated 238 tons, thus showing a nominal excess over exports of 43 tons.
Australia's beer consumption for 1932 was 47,070,400 gallons, a. decline of nearly 33 per cent, on 1929 figures.
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Evening Post, Volume CXVI, Issue 23, 27 July 1933, Page 14
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177KAURI GUM INDUSTRY. Evening Post, Volume CXVI, Issue 23, 27 July 1933, Page 14
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