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Show H About India Rubber. B, for ihu benefit of many persons K-. living In northern Utah and southern B' , Idaho, who have Invested in rubber H stocks, wo reprint the following by B'( request, taken from tho editorial col- B j umns of tho India Rubber World: H "It is no longer necessary to argue H' that rubber can be produced on plan- B tatlons, any more than In the case of B' rice or tea or cotton. Nor is it any B longer a question whether It can be M produced profitably. It is not by way B of! argument, therefore, that we refer B hero to somo details from the latest B t reportof the Vlllambrosa estate which B j appears on another page. Our reason V for selecting this company for special B j r?mark is both on account of the ex- ;i tent of the plantation and the fact H'i that It Is purely a rubber proposition, Hj whereas, the accounts of many of the H other rubber producing companies In Qhe Far East relate to other products H as well as rubber. ppH: "firicfly the history of the company ' is this: Early In 1004 the owners of H three neighboring estates in the Fed erated Malay States, or their reprc- B sentattves, got together In Edinburgh B and formed a company for the amal- H, gamatlon of their Interests Some H rubber had been planted during 1898 H and the succeeding years, and the H ; company planned to plant n lot moro Ki; 'rubber The new compiny Usuod v shares of the par value In American BL money or $218,992.50, which they (II- B . vided among themselves, while they B allowed others' to subscribe for $27,- H 252.40 In shares, making' a total Issue fl( of 9240,244.00, which'ls the amount of H. capital stock now outstanding. H, "From the date mentioned the work H;. of the company was that of devclop-H'v devclop-H'v . ment and additional plantlic.' When H'' the company was tno years old by H which tlmo the oldest rubber trees H were 'six years old It had marketed H 39,115 pounds of rubber, with tho-re- V suit that the profit and loss account H! had a credit of $23,593.00. No dlvU H'.. dend was declared, however, H; "The figures for tho third year ended March 31, 1007 are of surpass- H1' ing Interest, viewed In comparison B, vylth agricultural prolits generally. BV The company marketed 150,922 pounds Bl ot rubber for 51l).j,000 O.'i at a prmlt. of 91 per pound, gold, estimated by deducting de-ducting from the cash proceeds tho cost of tapping tho trees, coagulating, packing and transportation. The average av-erage yield per tree, from six to eight years of age, was about one pound. But meanwhile much additional plant ing had been done, and this and tho whole cost of the upkeep had been charged to the revenue, so that the company figured its net profit at only 147,100.70. After a liberal allowance for directors' fees and a handsome "carry over" to tho next year's account, ac-count, the dividend declaied for tho year was 55 per cont on tho capital stock issued, or a total of $135,489.70. Tho net results from tho rubber marketed mar-keted would have yielded a dividend of G3( per cent on the total capital. Is it any wonder that shares have changed hands recently in London at 0 times their par value $40 84 for 1 shares? Whllo no other rubber planting company com-pany thus far has made such a favorable favor-able showing, It must be noted that no otiier rubber plantation ou a similar sim-ilar scale Is yet so fully developed. As for ilold, the first year's planting on lllghliuidsand Lowlands estates yielded yield-ed during the lost twelve months over seven pounds per tree. Suppose all the Vallambrosa trees should do as well, when all ot them reach tho same age as at fllghlunds, at which time there would be no more cost of plant-lug plant-lug to be charged against revenue. At the prevailing mfes for rubber the dividend-) would amount to several hundred percent a year. With such results pulble It Is easy to understand under-stand thu complacency with which rubber planters In the Far East discuss dis-cuss the possibility, In the remote future, fu-ture, of rubber prices dropping to 3 shillings (".'! cents) a pound., |