XXIII.—THE INDUSTRY IN ITALY. 
Production. 109. In 1929, Italy held the seventh place in the rubber manu- 
facturing industry judged by the absorption of crude rubber. In 
that year, Italian manufacturers absorbed 16,200 tons, or 2.02 per 
cent. of the world supply. There are no statistics of Italian pro- 
duction of rubber manufactured goods. All classes of rubber goods 
are, however, manufactured in Italy, and the greater part of the 
local demand is supplied by the Italian industry. Imports of 
crude rubber have increased steadily since 1922 except during one 
year—1926. 
Vear. 
1922 
1923 
1924 
1925 
£926 
1927 
199K 
Imports of 
crude rubber, 
(tons.) 
6,548 
8,729 
9,017 
11,966 
10,472 
11,433 
19 B48 
These figures include the crude rubber put into stock, and are 
therefore slightly higher than the figures already given which are 
the absorption of rubber by the manufacturers. 
[talian 110. The principal rubber manufacturers in Italy are :— 
facturers. Pirelli. 
S.P.I.G.A. (Society Piemontese Industria Gomma Affini). 
Michelin. 
Martiny. 
Hutchinson. 
Bergougnan and Tedeschi. 
These six firms employ about 16,000 persons and their aggregate 
capital is probably in the neighbourhood of 400,000.000 lire 
‘£4 300.000). 
The capital of the Societda Pirelli—the largest Italian firm—is 
120,000,000 lire (£1,290,000) ‘and their annual output is said to be 
about 200,000,000 lire (£2,150,000). They employ some 10,000 
people, and have three factories—two in Milan and one at La 
Spezia. They also have branches in various towns throughout 
[taly. 
The head office of the Societd Prodotti Michelin is in Milan and 
they have factories in Turin and in Trento. The latter factory 
is used exclusively for the manufacture of cotton for tyres. 
They have branches at Rome, Turin, Bologna, Padova, Naples, 
Florence, Catania and Bari. Their output is about 5,000 cycle