Word: caoutchouc
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Dates: during 1930-1939
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Periodically since the War, rubber-minded Britons have been concerned about their position as the world's big caoutchouc-keepers.* Their first attempt to control production failed miserably in 1928, partly because the Dutch were not in on it, partly because the price of rubber was stretched to a fantastic...
...basic quotas favorable to British producers set in June 1934. Also established for the fourth quarter was a 90% quota. Even then it was doubtful whether producers can fill quotas estimated at 1,050,000 tons for 1937 because of lack of shipping facilities and labor shortages in the caoutchouc kingdoms...
...Rubber's stockholders early this month President Francis Breese Davis Jr. reported that their 76,563 acres of cultivated Sumatran and Malayan rubber trees last year yielded 42,185,000 Ib. of caoutchouc, earned $1,943,790 profit, twice the 1935 figure. More interesting to preferred stockholders, who have had no dividends for nine years* was the parent company's report. Net income for 1936 was $10,172,000, compared with 36,532,000 the year before. But the stockholders can hope for no dividends until U. S. Rubber Co.'s accumulated deficit is wiped out. Even...
...India rubber is called caoutchouc (pronounced coochook), an English word of Tupian (Brazilian) Indian origin. *Common stockholders received their last dividends...