Since February quotations on crude rubber have been sinking regularly to the worst levels in history. Last week the downward movement gathered momentum, sent the price crashing to a low of 8¢ per pound. Reason: The Dutch East Indies refused to impose restrictions on output, bringing an end to the latest of many attempts to curb production. Disheartened, producers compared the present low to the 14.2¢ which was the bottom in the depression of 1922, and the 17.85¢ low six years later when the Stevenson Act was...
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