The Archive · 1933

New York Rubber

New York, June 16.

Rumours of opposition to rubber restriction together with the easi-Mess of the stocks and commodity markets caused a rush of speculative liquidation during the past week. Dealers state that the raw rabber market is over-burdened large offerings of the commodity }from the Far-East and the opinion jis generally held that prices will Jcontinue their downward trend.

'A majority of factories are work-jing at maximum production, but Jdemand is falling of from the smaller institutions Reuter the closing average, price of 40 "Waites! Pree. ® a Hongkong & Shanghai Banking Corporation (incorporated in Hongkong)

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

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