Business: Deals & Developments: Apr. 14, 1930

D. & H. On April 23, 1823, there was incorporated the “President, Managers & Company of the Delaware & Hudson Canal Co.” which five years later completed a canal from the Pennsylvania coal fields to the Hudson River, later became an operator of mines, steamships, street cars, hotels. Although the name was simplified to the Delaware & Hudson Co. in 1899, the old form is still effective— D. & H. has no directors, but a Board of Managers over which reigns Leonor Fresnel Loree. Last week D. & H. ended its long history as a common carrier, vesting its railroads in a subsidiary at midnight, March 31.

No Tapping in May. If every grower who promises to refrain from tapping rubber trees during May keeps his word, rubber production for the month should be down 50%, for the year, 3%. So the Rubber Growers Association of Great Britain predicted when last week it announced that 80% of the British and Dutch growers in the Far East had assented. But dealers, knowing that active growers have never shown interest in curtailment, are skeptical, expect only a temporary effect in the rubber market.