Among the numerous brokers in Manhattan, the rubber brokers must not be forgotten. These functionaries handle sales for future delivery in crude rubber much in the same way that grain or cotton brokers sell or buy futures in their respective commodities.
Before crude rubber soared* in price recently, a number of speculators sold rubber for delivery July 31. They had no rubber, but they "figured" that by that date they could buy it for delivery from incoming steamers. Meantime the ships—the Kansas, the Siberian Prince and the Menelaus— were crowding on steam to reach...
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