Article image
Article image
Article image
Article image

THE RUBBER MARKET

A BIG RISE IN PRICES. (Australian and N.Z. Cable Assn.) LONDON', Jan. 7. ; A remarkable bankruptcy Is,report'd of a well-known foreign Arm in ir l£ tlinoing Lane, rubber market. The Lonlon partner sold £2,000,000 worth of •übber, which advanced from 2s to is iOd, involving a loss of over £500,POO and the partner absconded. The shief loss falls on large firms, who •esold the rubber which the bankrupts sannot deliver. It is expected that the lebtors will pay five shillings in the iound.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WT19200110.2.5

Bibliographic details

Waikato Times, Volume 92, Issue 14260, 10 January 1920, Page 2

Word Count
86

THE RUBBER MARKET Waikato Times, Volume 92, Issue 14260, 10 January 1920, Page 2

THE RUBBER MARKET Waikato Times, Volume 92, Issue 14260, 10 January 1920, Page 2