Decision on Quota Likely To Be Reached London, July 26, Great interest is being centred on tomorrow's meeting of the International Rubber Regulation Committee, at which the question of the quota for the last quarter of this year will very likely be discussed and a decision probably taken, Though an immediate decision would be somewhat premature, the Committee is not likely to reassemble either in August or early September owing to holidays, while a postponement until the latter half of September might embarrass producers.
Any decision taken at tomorrow's meeting will probably favour a retention of the 45 per cent. quota for the time being, for present indications of an American industrial revival are scarcely sufficient to warrant an increased output.
On the other hand, if the Committee does increase the quota, the market might reasonably adopt the view that the Committee possessed undeniable evidence of a rapidly expanding American consumption, which would undoubtedly engender an even more bullish sentiment than the mere retention of the present quota.
Postponement of a decision until September would probably be a very unpopular course, as uncertainty invariably proves the market's greatest bugbear,—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.