The opening of a central markets for trading in rubber and rubber fatures has been approved. The New York Cocoa Exchange will provide the necessary facilities and actual trading will start early the new year.
Note: The New York Cocoa Exchange ix newly organized affair and started operations on October Dec. 14. to Senator Capper on the situation the Secretary of Hoover dwells on a Ho says that ca' imports of rubber in 1926 wilt hoe "900,000,000 I abet above a fuit price."
Mr, Hoover does not favour tra reprisals, but suxwests, as "dete sive measures;" the discouraging of American brokers from givin: credits to. these combinations; a strong. compa saving of for thy voluntan rubber; the use the establishing of to. prevent American buyers from bidding against each other.
Dee, 16.
The initial issue of five theusaat shares of a hundred youders eae: of the DutchAmerican Rubber Plantation Ca. has been fully subscribed at the price of 40 dollars a share. The Dankers concern hail the issue ax can participation of the Dutch Indies. block of shaves ix being offered at Amaterdam.—Reuter's
Text read from the printed page and cleaned; old type leaves the occasional error.