Patient shareholders in Shanghai rubber companies will be glad to learn that 1925 is expected to smash all rubber tyre consumption records. Tt fs estimated that the 14,800,000 cars which will be in use during the whole of this year will need 41 million tyres for replacement, and original manufacturer's equipment will call for another 15% mil-yn. This is a domestic demand oralling 564 million tyres, or more than four million in excess of last. year's production.
This figures are astounding, but they refer alone to America's domatic dem There are a good many reasons why exports of tyres should injerease this year. Better conditions in Europe, more cars being used abroad, an' improved American commodity as it is claimed, and so on. It is expected that exports will reach 1.3 million, which would give 'a total demand for the current year from all sources totalling 57.8 million motor tyres. This enormous demand for rubber must have an effect upon the price of the com-
is bound to rise steadily during the It is felt here thay rubber year, and for the sake of those Shanghailanders who have hele ares since 1914 or before and waited patiently for dividends that are only just beginning to put their heads above water, J sincerely hope That this may be so.
Text read from the printed page and cleaned; old type leaves the occasional error.