In the leisurely English manner, clearances of stock sales on the London exchange are made only semimonthly instead of daily as in the U. S. When the second July settlement came around last week, the exchange machinery almost , broke ; clerks were worked overtime for many hours. It all came about because of speculation in rubber stocks following the rise of the better grades of rubber to $1.20 a pound.
This increase follows from British laws restricting rubber production in her colonies, laws passed to do away with overproduction that was impoverishing the...
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