At the meeting of the Royal Dutch Petroleum Co., at Amsterdam, on June 25, Sir Henri Deterding pointed out that the present production of the Shell Union was 400,000 barrels daily. The actual production of the Shell Union alone could be higher than the aggregate Russian output.

London, June 26.—Messrs. Lewis Lazarus and Sons report: For a while consumers in America held aloof, but as the strength of the situation has become more pro.. nounoed their courage has developed and, purchases have been made for all positions up to and into next year. The Quota

[JULY . 2, 1931

JULY 2, 1931] Cbe zxprese anb Zetearapb. the company, and will act as managing director, and Mr. F. Trenouth has been appointed secretary. The directors of Leengoer (Java) Rubber, Ltd., announce that, provided £10,624 can be raised, not only will it be possible to discharge all o

F. 8,750,347 '2l £729,196 163,761 28 13,647 ... 3,537,263 53 294,772 831,857 04 69,321

In connection with the proposal of the President of the - United States for a moratorium of one year for all War Debts, rubber, in sympathy with the all-round wave of optimism advanced, but Messrs. Sanderson and Co. note that the consuming trade showed no disposition to follow.

• • •• •• •• •• •• ••1 •• • •• • •.. • •• •• •• •. •• • •• I