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Hokitika Guardian, 13 July 1925, Page 2

RUBBER, BOOM. LONDON, duly 11. There has Isecn a sensational udvaun in the prito of rubber, and tin- price are still advancing. They have n-achei record levels lor recent tears, equal t< tour shillings per pound. (junta t ions as lar ahead as the yeai l!l”7 are now given at ”s -_'d per pound One inevitable res ill! Ins been a revival in the value of rubber shares, which revival gives indication el developing into a real boom. The only check to wider dealings th-*;i those at present taking place is a scarcity nl shares. The genuine holders -it' -hares are unwilling to sell out. ’-.-eu al the current advanced prices. It is anticipated thei a cair.inuam eof tie- present “bullish” market will result in creating numerous new rubber com;.am -. and there probably will Le a boom reminiscent of that of 11)10,

BRITISH TRADE. LONDON, July Id. The British Board of Trade returns show that at June the imports were worth I'H/O.D'sdJKHI. an increase over the previous month of i'O.rO.’LOdd. The exports tor tin* mouth were CoS.KOJ.OUO a reduction ol L'o..'ij I JXX). 810 RESCAN HARVEST. LONDON. July 11. A Soviet Embassy Official amplifies the icourt that Russia is sjiendiiig fifteen millions in the puchase of British machinery, and says that Russia will shortly he in a position to export between live and six million toils of wheat.