RUBBER SHARES QUIETER.
The market for Rubber shares has also been distinctly quieter of late, one reason no doubt being the uncertainty' which exists as to the extent to which there may be, a further modification in the ensuing quarter of the existing arrange- ments for the restriction of rubber output within the Empire. The constant creation of new companies also,, of course, tends somewhat to diminish resources available for existing shares, especially when the capital involved is-really large. This is certainly the case in th6 impending 'flotation of the Allied Sumatra Plantations, Limited, the authorised capital of which is 11,500,000,- of which the forthcoming issue is to consist of 1,400,000 shares of £1 each at 21s. per .share. A feature of the concern is that it will represent -one of the largest areas of rubber in the ownership of a single company, or, at all events, of single control, because the company will be virtually a holding company, the ownership being vested In Dutch Indies companies whose shares will be owned by the Allied Sumatra Plantations, Limited. A further feature of the scheme is that it will occasion the transfer of rubber-growing territories from Dutch to British ownership, a point of sig- nificance in view of the growing importance of Dutch Colonial production in the rubber industry.
A. W. K.
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