Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1904-07-09
DEMAND FoR RUBBER.

=
field for the production OF a supply OF
the rubber weed used by q Denver fac.
tory for the manufacture OF q super.
Tor quality Of rubber the rapid In.
crease In the value Of both the crude
and raw product Is gratifying.
j. NJ, Thomas, a writer In the June
] number OF the new financial maya.
, zine. Cent Per Cent, calls attention
to the situation In the crude rubber
market. This writer says that fine
Para rubber Is selling at fila per
iipouni. while the very poorest crude
rubber that reaches the New York
market is selling for 68 cents, WITH
stocks very light. One of the shreT..
EST brokers in this market says that
be believes this condition will main.
tain for a long time to come. Ger.
tain districts In Africa have ceased
TO produce at all and production in
other African sections has been inter-
/ rupted because Of internal troubles
In South America fighting Is now 30.
ing on between the Peruvian and
Brazilian forces for the possession OF
rubber territory, with the prospect III
IFS being long continued, Mr.. Thorn
as says:
All this activity indicates the crit
ical condition Of the crude rubber
market. The increase In demand In
recent years has been enormous and
particularly for the finest grades OF
rubber, such as are used in making
the inner tubes for automobile tires.
So great has become the hunt for
supplies that the trade In old rubber
has become an important factor in
the market. there being q big demand
for old shoes, tires and anything that
contains material. The manager OF
one or the New York retail shoe
stores says that his house has realiz.
ed from $1,000 to $1,000 from the
sale Of old rubbers that have been
left BY customers during the last
year. Time was. not many years ago,
when old rnbbers were disposed OF as
but 10y secondhand dealers
70 about tho land picking up discard
cd rnbbers Of every description, for
which they pay the housewife 4 or s
cents a pound, and then trun It over
~ a profit Of several hundred per cent.
There are regular market quotations
Tor old rubber, boots and shoes com
handing 81 per 100 bounds: bicycle
Tres, $a.25; solid rubber wagon and
carriage tires, 81; white trimmed
tires, 50, and inner bicycle
Tres free from cloth or metal, si5.
The sale of rubber footwear during
The past winter was something phe.
nomenal and advanced prices were
obtained, while even higher prices are
scheduled 10 come. Countries where
rubber footwear was not known five I,
years 8 are now calling for these
goods ~ large quantities. The mere /
tenn Of rubber heels alone has grown i
Q enormous proportions. In Oriental i
Countries rubber soles are replacing /
'aper soles for Shoes :
He also calls attention 10 tho fact !
nat London has been experimenting 4
Inceessfully with rubber pavement. :
vt the cost prevents It being used in \
LARGE quantities Tor this purpose. q
4 conclusion. Mr.. Thomas says.
The point In mind for those In. s
In the cultivation of rubber
that there are many, many uses for
lbber IN fact. demands for (which q
lnnot today be considered because II g
q high price % crude material. but G
lonld the supply ever increase Y
Iiotigh cultivation beyond the needs Il,
the purpose for which Il Is Ill pres. TO
i employed there viii always 10 d or
'eat demand In reserve waiting for ID
z Time when prices VIII admit III
j use. sly
All q which would seem TO Indicate dii
~ The rubber plant II New Mexf~r Ia
ND not have been discovered nj Is
1re suspicious time. The Denver go
'tory now In operation anil saff ~ I'll,
turning out D very satisfactory Al. Tia
Y ~ rubber manufactured from The |
WY discovered plant found in this ma
Il 10 be congratulated on the eS'
took. hel
TX
! Il said BY men in 4 position 10 ola
Nv, that Hill's gold plank for the /
nocratic convention wa just a big nm,
III that he didn't want a gold plank oil,
! had no Idea one would he Insert. cas-
but that he was much opposed he