New York, Oct. 8.
Cotton market prices to-day! broke 120 to 180 points from the Gay's highest figures on heavy selling following a bureau report the condition of the crop, but the market rallied 20 to 30 points on Statistical Position London, Sept. 22.
Discussing the rubber position, the "Times" city editor points out that restriction, if drastic enough and continued long enough, must improve the statistical position lead to a rise in the price; but ce sequences must vary with the method. It is not economically sound to eliminate a factor of efficiency by treating all planters; alike in the matter of production. In the second place, it ix an unsound policy to give foreign rival business an opportunity 10 secure larger proportion of trade than it formerly held. It seems that, in the circumstances, when estriation finally ends, the British industry may find that, although it may have larger reserves in the bank than its neighbours, the. Dutch may hive n larger ares of) newly planted rubber, which would give them a bigger proportion of trade than in the pre-restriction era. Such result would not have occurred if restriction had been brought about solely by the price factor restriction would then have fected equally British and Dutch
Text read from the printed page and cleaned; old type leaves the occasional error.