FALL IN PRICES.
Undoubtedly, too, the chagrin of the market was increased by the fact that it was felt that the slump in rubber following this sudden announcement by the Government had played into the hands of American manipulators who for the last two years have been steadily attacking the Restriction Scheme and the Rubber Market generally. Nor was this feeling of chagrin lessened by the fact that, owing to the hbur at which the announcement was made by the Government on a Thursday evening, the news became known on the other side of the Atlantic some time before it was announced in the morning newspapers here. Some idea of the effect of the Government's action upon the market may be gathered from the fact that the price of rubber itself, which was about is. Rd. per lb. previous to the official announcement, has since given way to is. 3d., while the following table gives a few of the rubber prices previous to the Government's action and the quotations at the time of writing
Feb. 9.
Allied Sumatra - 20/44d.. Anglo-Dutch .. 44/3d. Anglo-Java.. 5/74d. Consolidated Malay 7/9d. Highlands and Lowlands 2* Java Investment .. 46/3d. Kuala Lumpur 4} Lanadron 28/9d.
Lcindon Asiatic .. 5/ 0}d
Malacca
Pataling,. 26/3d.
. Perak .. 4/3d.
Rubber P.I.T. 40/3d. &afield 31/3d. • Selangor United .. 3/3d. • Singapore United .. 2/9d.
Sumatra Consolidated 33/144. Tandjong ' 21 • United Serdang .. 6/0d. -United Sumatra . 3/0d. Valhunbrosa 17/3d. Feb. 15 Fall.
18/9d. .. 1/71d. 40/71d. .. 3/714. 4/9d. .. 0/1044, 7/0 .. 0/9d. 2* .. 43/9d. .. 2/64.
3} 26/3d. .. 2/6d..
1ff 6/444. 24 23/9d. 4s. 36/9d. 27/6d. 3/0d. 2/744. 30/04. 24 5/6d. 2/9d. 15/6d. .. 2/6d. ad., 3/6d. - 3/3d . - 3d. 144. 3/14d.
M. - .. 3d.
• • 1/9d.
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