6 OCTOBER 1939, Page 30

With much candour Mr. Miller, who is a member of

the International Rubber Regulation Committee, showed that he does not exonerate the American manufacturers from re- sponsibility for the recent fluctuations in the price of rubber and in the quota. Their policy in allowing American st.x:ks . to fall from 295,000 tons in June, 1938, to z6o,000 tor, ir; August, 1939, he characterised as " difficult to comprehend." Shareholders of Harrisons and Crosfield will take heart f-'0111 Mr. Miller's reminder that dividend payments are now r.01e than ordinarily welcome to shareholders, and that he 17;11' do his 'best to keep the business going successfully.