The Archive · 1927

Big, Rubber Merger London, Dee. 12.

One of the biggest rubber-pro-@ueing companies in the world will be formed by merging the Amal-gameted Rubber and General Estates and the Amalgamated Rubber Development Company into the United Serdang (Sumatra) Rubber Plantations. The latter is iner capital from £1,000,000 000. pany will exceed 88,000, which includes 1,000 acres planted with coffee—Reuter, Duponis Not Interested in Rubber Deal New York, Dee, 13, The Dupont interests have nequit~ oda controlling interest in. the United States Rubber Company Reuter, Dee. M4, The Chairman of the Dupont de Nemours Company characterises the recent report that Dupont interests have secured control of the United States Rubber Company as an exe aggeration. He explains that a few duals, of whom he fs one, have acquired a considerable block of United States Rubber Company's common stock "as a private specula tive venture."

The purchase, he states, can in no way be regarded as an invest~ ment by the Dupont firm, which is not interested—Reuter.

British Non-Party Bil Withdrawn Loniton, Dee. 14,

Bill wiil_not_ proceed any dur The non-party Rubber Indust) this season, owing to a tection of rubber manufacturers objecting. t0 certain details int.

The Dill provides for collection of 4 contribution from rubber" mani facturers of Britain and North Ire land te the funds of the research as sociation of British rubber and tyro manufacturers, The House of Com: mons passed the first reading of th Bill on November 16, It may be introduced again next year—Reuter.

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

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