Quota for Final Quarter To Remain Unchanged London, Sept. 13. The decision of the International Rubber Regulation Committee to leave the quota for the final quarter unchanged at 45 per cent. brought about a marked improvement in sentiment in Mincing Lane yesterday, which even the over-hanging political uncertainty failed to damp.
Buying orders began to fow immediately after the announcement was made and the consequent firmness of the market was further enhanced when sellers adopted a markedly reserved attitude.
Buyers are now offering 84d. per pound for "spot," while business was done for April/June delivery up to 8d. per pound.
Leading rubber interests are of the opinion that any improvement in the Central European situation may well lead to early attainment of a 9d. level.
Text read from the printed page and cleaned; old type leaves the occasional error.