COMMERCIAL.
KAURI GUM MARKET. The following are the quotations for the Kauri sum market for the week ending May 13,1896:- . , , Poor ordinary, which comprises weak and rough-coated pieces, pickings, and washed nuts, £27 to £31. Ordinary, meaning hard, rough-soraped gum, varying in price according to the quantity of washed nuts, ranges from £36 to £40. Good ordinary, meaning hard, unpioked range gum, price varying according to size, scraping, and freedom from weak pieces, from £44 to £50. East Coast, £75. to £77. <•• > •' Supplies for thirteen days in May, 255 tons. Generally the market is dull, present prices preventing business. For rescraped and East Coast there is fair demand, but all other sorts are staguant, practically unsaleable. It is estimated that at present there are 600 tons held locally for sale. Poor ordinary and ordinary are decidedly weakei, a considerable line of poor ordinary having been sold during the week at £25.
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Bibliographic details
New Zealand Herald, Volume XXXIII, Issue 10131, 14 May 1896, Page 4
Word Count
151COMMERCIAL. New Zealand Herald, Volume XXXIII, Issue 10131, 14 May 1896, Page 4
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