The Archive · 1925

RUBBER RESTRICTION

No Early Removal Lik Another Rise

London, Nov. 17.

Heavy buying from New York and speculative buying here and a reduction of rubber stocks in. London to 4,609 tons. were responsible for a rise in the spot price of rubber in Mincing Lane yesterday to 4/6} ver Ib, and an advance of three-Pence per Ib. in all forward quotations. Much' business was done for deliveries of rubber as far ahead! jus 1928 and contracts were made for equal monthly deliveries: during 1928 on a basis of 2/8 to 2/4 per Ib.

Nov. 18, In the House of Commons to-day Col. Amery (Secretary of State for the Colonies) said he was in constant, touch with the governments. of Ceylon and Malaya in the cons Jderation of every aspect of the rub-liber restriction scheme, but he was of opinion that the early removal all restrictions was not desirable, end it was nct under contemplation—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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