Business & Finance: Dollar Rubber

True to fears of consumers and the hopes of producers, crude rubber has reached $1.00 a pound—a rise of 400% from its price of 20c a year ago. It is estimated that, at the present rate, tire buyers will spend an extra $3,000,000 this year, because of the effectiveness of curtailment of production by the British rubber growers in the East.

The efforts of Harvey S. Firestone and others to grow rubber in Florida, Liberia and other places can have no speedy effect on the market for crude rubber. Undoubtedly present high prices will stimulate...

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