London, July 25.
ye, International. Rubber, Reulation Committee today fixed the quotas for both the third and fourth quarters of 1939 at 60 per cent.
Tt has been provisionally decided to hold a meeting carly in September Mf, In the meanwhile, a request is ro~ ceived from the "British Government {or the release of, rubber in connec: tion with the Anglo-United States barter agreement.
Circles. in Mincing Lane were frankly disappointed at the International Rubber Regulation Commit~ tec's decision to break new ground bby altering the current quarter's export quota, The market fully expected that an announcement of a higher quota for the fourth quarter would be accompanied by a rise of a quarler to three-eighths of a penny, Dealers, however, cheered _themselves with the thought that the equation may be relatively stabilized, in any case, until the year-end, as the announcement covers the whole of 1039, while some even so so far as to read Into the communique the belief that the Anglo-United. States barter agreement may never materialize, in which case the allegedly low Jarge purchases, which they hitherto hava been leaving to their Government, Meanwhile, the market picture is expected fo show little change, though some quarters think that distant show more resistance
Text read from the printed page and cleaned; old type leaves the occasional error.