Show RUBBER TRUST with a prospect of a fight 0 o drive others out new york dec 18 the tribune prints the following the report current in wall street that negotiations were in progress for a settlement 0 the threatened rubber shoe war has been confirmed A new company has been formed with capital tor the purpose of controlling the crude rubber market in the interest primarily of the U S rubber co of this capital the standard oil company has subscribed 3 august belmont co and other bankers charles R flint the U S rubber co the rubber goods mag company other financial interests te including crude rubber import era who will enter the new company negotiations have been opened with outside manufacturers tor the incorporation po ration ot their plants into the new company the plan involves consolidations of independent rubber ahoe manufacturers into a company formed after the manner of the national sugar refining company the directors of the U S rubber company have decided to cut prices 25 per cent on january 1 it present negotiations with tho outsiders fall of consummation A prospective cut of 25 per cent and a probable corner in crude rubber however are expected to carry great weight with the outside interests it was further learned that the outside rubber shoe manufacturers in order to get business in competition wilt make concessions of from five to ten per cent below regular prices |