SHARING RUBBER

New Zealand Herald, Volume 82, Issue 25396, 28 December 1945, Page 5

SHARING RUBBER

FAR EAST SHIPMENTS APPORTIONMENT BY NEED NEW YOTiIv, Dec. 25 Shipments of rubber from the Far East as well as other "critical" raw materials will be apportioned on an international basis, according to need, says the New York Times. A raw materials board, on which Britain, America, Russia. France, China, and the Netherlands will be represented, will be charged with dividing rubber from the pre-war sources between various countries according to their ability to produce. The first post-war shipment of rubber from Batavia. Singapore, Penang and Port S wet-ten ham. Federated Malay States, docked at Now York yesterday, and it was estimated thai .'1(10,000 Inns would reach the United Stales in 1940. lb is believed tin* l-'nited States will retain most ol the rubber shipped io America, because it is the nation best, equipped to use the material to advantage along with synthetic rubber.-

MUST IMPORT WOOL JAPAN'S NEEDS STATED TOKYO. Dor. 20 A report issued by the Japan Textile? Association urging partial resumption of foreign trade when urgent domestic needs are satisfied says that Japan must import at least 330,000 hales of wool, which is equivalent to half her pre-war consumption. This will he necessary to meet Japan's indispensable clothing and industrial needs.

RACING INTERESTS BING CROSBY'S DECISION ;Reed. 11.55 p.m.) NEW YORK. Dee. 27 It is reported that Ring Crosby intends to dispose of his race track interests in January. Crosby's shareholders, the film actors Kred Astaire. Put O'Brien and Randolph Scott, are also selling out. Crosby explained' "When 1 see 'Jo-dollar-a-week guys at the 50-dollar windows I know it is an unhealthy sign, so I am getting out "