17 OCTOBER 1931, Page 36


It must not be supposed from the interesting address given by Mr. Eric Miller at the recent annual meeting of Harrisons and Crosfield that he was necessarily taking a rosy view of the Rubber outlook. At the same time there is no doubt that shares of some of the good concerns have fallen to an unduly low level, and Mr. Miller pointed out that shares in some of the reputable companies could now be bought at prices which, in many cases, was less than the value of their liquid resources in cash and Government securities, thus giving a buyer his interest in the rubber estate for nothing.

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