23 FEBRUARY 1929, Page 47

RALLY IN RUBBERS.

An exception to the general dullness of speculative markets is to be noted in the section for Rubber shares where following upon the sharp rally in the commodity prices have advanced appreciably. The position of the Rubber Market is in many respects a peculiar one, and it is one which will require very careful watching by holders of shares. Those who are best able to judge seem inclined to the view that the present rise may go further, but that, on the other hand, it cannot go very far, the idea being that should, say, 1s. 6d. a lb. be touched by the commodity, or perhaps even a lower price, it would be sufficient to bring out great quantities of rubber. On the other hand, it is possible that in the interval com- parative scarcity of the commodity might occasion a quite sudden rise, and should rubber shares advance proportionately long-standing holders do not perhaps need to be reminded that it would be unwise to reckon upon any return of the abnormally high prices of rubber which were responsible for the high level of prices touched a few years ago.