TRADE WITH AMERICA

Poverty Bay Herald, Volume LXIV, Issue 19315, 4 May 1937, Page 5

TRADE WITH AMERICA

OPPORTUNITIES " ■ ' OUM- exports ; OIL INDUSTRY / (Special to the Herald.) '. '..:,,!• AUCKLAND, this day. t " The export of kauri gum and tung i <oihfronv New Zealand to the United •States is to be investigated by Dr. W. :; 'Knimbhaar, of Detroit, who arrived at Auckland by the Niagara from Vancouver yesterday. 7 It. w,as recognised by the American varnish trade, he said, that there \yaK nothing in the world more suitable -*for its purpose than kauri gum, v and it only depended upon the price whether the .New Zealand product could meet the competition of gums from other countries and regain a large portion of the trade it once held with the United States. -

At one time there had been a large export trade from Auckland to the United States in kauri gum, but the gfadual increase in the price and the arrival on the market of competitive commodities had beert responsible for . diminution in this trade. The'Belgian colony of the Congo had established an important trade in gum. Thai-was -dug from soil in much the same way as New Zealand's kauri gum.

The growing of tung oil trees in New iZealmid was another matter he wished to examine. If New Zealand could successfully develop such an. industry there was a large market waiting for it in the United States, especially for the finishing of motor car bodies.