Show 11 ay V av Rubber Rubber Goes I A Soaring g l I As the Ui Uinta ta basin within a fe few years is destined to supply the larger part of the rubber products of the world the following from the New NewYork i York World shows what this industry I will mean for lor this section The price of rubber has more than doubled in London during the year The best grades are l now a bove above a pound A grade that sold two years ago at 66 cents brought a pound A crazy share speculation is in progress progress progress ress which recalls the Kaffir Kamr boom in South African mining promotions The increase in demand for rubber in the automobile industry in inthe inthe inthe the making of surgical appliances and elastic cloth in insulating electric r I wires and the like is the cause of these developments The automobile industry industry industry in in- I alone uses nearly half of the worlds world's production of pounds I Production is rapidly increasing InI Indeed Indeed In In- deed it is no wonder that the Para Pan I acreage of Malaya Ceylon and the far east generally has nearly doubled in inI I 1 t two lO years It is expected that the I immediate effect of high prices will be beto to stimulate overlapping and the rapid I deterioration of existing plantations so soI I that there will be no present relief I from the world famine but that the plantation will wilt abundantly provide for the needs of the more reI remote re- re J I mote ote future |