KAURI GUM CONTROL

Sun (Auckland), Volume II, Issue 537, 14 December 1928, Page 12

KAURI GUM CONTROL

BETTER TONE IN MARKET Questions of interest to the kauri gum trade were discussed at this week’s meeting of the board. Mr. M. H. Wynward presided. The accounts presented to the board indicated a very considerable increase in the turnover of gum handled for the producers and there appeared to be a better tone in the market, especially in connection with B2 gradings, for which there had been very little demand for some time past. The preliminaries in connecton with the gum cleaning plant has been carried a stage further and it is anticipated that the plant will be ready for operation during the early months of next year. An experimental trial of the proposed process proved quite satisfactory and the samples indicated the practicability of the plant contemplated for which the different parts are now under construction. The election for one representative for each of the kauri gum districts as producers’ representatives will take place on February 2, 1929, nominations closingon January IT. The ballot will be a postal one’ by all producers holding renewed licences for 1929. AUSTRALIAN PRODUCE (United P.A. —By Telegraph — Copyright) The following are to-day's quotations on the Sydney produce market: — Wheat —At country stations, 4s 02>d; ex trucks Sydney, 4s ~ld. Flour-*-£ll 10s. Bran and Pollard—£6 ss. Potatoes—Clarence River (new). £l4; Tasmanian (new), £IS 10s; old. £7 10s. Onions —Victorian globe, £l2; brown, £5 to £7. Oats —Algerian or white, 4s 9d. Adelaide prices are:— Wheat —Growerss lots, 4s Bid. Flour —£11 2s 6d. Bran —£5 17s Gd. Pollard —£ G ss. Oats —2s 6d to 2s 7dReed. 10.10 a.m. MELBOURNE, To-day. Wheat—4s Sd to 4s Sid. Flour—£l2 2s 6d to £l2 7s 6d. Brail—£s 15s. Pollard—£6 ss. Oats—2s lid to 3s. Maize —4s* 4id to 4s Gd. Barley—English, 4s to 4s 3d. SHEEPSKIN SALES Reed. 9.55 a.m. LONDON, Thursday. The sheepskin sales have concluded. The total offered was 5,800. There was keen competition for the better classes, but poor for average and scoured qualities. Seventy-five per cent, were sold. Good Merinos and comebacks were from par to 5 per cent, above the October average. New Zealand crossbreds were about 5 per cent, higher. BRADFORD TOPS MARKET (Australian and N.Z. Press Association) Reed. 9.55 a.m. LONDON, Thursday. The Bradford top market is stagnant, and in pessimistic tone. Quotations: 64’s, 46d; 60’s. 431 d; 50’s, 33d: 50’s, 29~d; 46’s. 23d; 40’s, 22£d.