Indianapolis Times, Volume 37, Number 221, Indianapolis, Marion County, 15 January 1926 — Page 4

PAGE 4

WORLD 60,000 tONS SHORT OF RUBBER NEEDS British Say 1925 Orders Are Not Yet Filled. ft fj United. Press. LONDON, Jan. 13 —According to the British point of view, the world is now 00,000 tons short of the rubber it needed for 1925. \ According to the most conservative figures available in the rubber market, this year will see the production of 624,000 tons of plantation rubber of which at least 60,000 is already spoken for to fill the orders of 1925, leaving therefore only 574,000 tons of plantation rubber to meet the steadily rising demands of 1926. A certain amount of “wild rubber,” principally from the jungles in Brazil, will be rushed on to the market to take advantage of the high prices, but “wild rubber” contains ’ a lot of superflous moisture and its actual market importance, according to London rubber brokers. i:. rarely as great as its statistical showing. V. S. Will Pay In short, the United States will continue to pay dearly for rubber in 1926 and 1927 and, owing to a variety of circumstances, will en counter ini 1928 the harsh aspects of a genuine rubber famine. According to the English dealers, this famine can not be blamed upon the Stevenson scheme for the restriction of British rubber production. ' It is inevitable, according to these authorities, because the old British and Dutch plantations—now about twenty years old —were badly handled in their early days and are now showing “unmistakable signs of distress.” The world's acreage in 1 rubber, they claim, continues to increase by lVi per cent each year, "but the increase in acreage has not yet caught up with the decrease in production of those old-established plantations whose trees are beginning to “peter out.” And as it takes the newly planted trees anywhere from six to eight years to yield “milk,” the experts predict an actual decrease of world production by 1928 along with a hugely increased demand. World's Acreage I Tha world’s total planted acreage in rubber according to London: Brush Malaya 2.288,000 Cry on (also British) 400 (100 India ar.d Burma (ditto) .... 125.000 Dutch East Indies (partly British i . 1,250.000 Crehin China 85,000 Borneo. Sarawak, etc 120,000 4.320.000 During the year 1926 about 4,150.000 acres of the above will be “tappable” and if they yield, as they will be Allowed to yield under the Stevenson scheme, 300 pounds per acre, then the world supply would amount to 555,800 tons, but the market here believes that the authorities will permit' a much greater production, perhaps as much as 350 pounds per acre, in which case the world production of plantation rubber would vary between 634,000 tons and a maximum of 648,000 tons. In either case the demand would be much greater. EMPORIA HAS OIL WELL Nearest to* City Discovered for Twenty Years. Bn United Press EMPORIA, Kan.. Jan. 15. —An oil well, drilled virtually in Emporia's backyard, was started here early this month, being the nearest located to this city since an attempt was made twenty years ago to find oil and gas in Humbolt Park here.

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** * J '" ' '^"l" ||j ] 9:o(TSaturday Night to On to u |h

THE j.,. l>( ANAPOLJS TIMES

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JAN. 15, 1920