Mr. Firestone's Opinions as Result of Recent Trip to Far East New York, Aug. 3.
Mr. Harvey Firestone, son of the well-known' rubber: manufacturer, has been discussing the rubber outlook: in the Philippines with Preident Coolidge.
He says that he foring daring] this. recent visit to the Southern!
Islands of the Philippines. 25,000, 1000 acres of waste land suitable for growing rubber.
He has expressed the opinion that it the Jegislation now pending to permit 'a single company to secure over 2500 acres, which is the present limit, is passed by he Philippines' "Legislature, there will be Jenough rubber grown there in due time to supply the entire require. ments of the United States.—Reuter.
100 per cent, of Standard to be Maintained London, July 30.'
The Rubber Trade Association's} official quarterly average is 21.0014.
The market has now closed down until next Tuesday, The Colonial Office announces that the percentage of rubber exportable at the minimum rate of duty from Ceylon and Malaya for the three months beginning August 1 will be 100.—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.