PATALING RUBBER ESTATES Pataling Rubber Estates, a successful member of
the Harrisons and Crosfield group of companies, last year used its financial strength to suspend sales while the market was unduly depressed. Mr. H. Eric Miller, the chairman, an- nounced at the meeting on Wednesday that they had achieved an average price equivalent to 83, d. per lb. London, including their forward sales at 'id. per lb. This was much better than had seemed possible when the price of rubber was below 6d. Nevertheless, Mr. Miller pointed out that the dividend for the year of 74 per cent represented a low return, since the total amount invested in the estates is substantially more than the present issued capital. He announced that the com- pany has secured an increase of nearly Ioo,000 lbs. in its standard assessment, making the 1939 figure 5,281,301 lbs.
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