A survey of the trade in rubber manufactured goods

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Monograph

Identifikator:: 1848834152

URN:: urn:nbn:de:zbw-retromon-240944

Document type:: Monograph

Title:: A survey of the trade in rubber manufactured goods

Place of publication:: London

Publisher:: His Majesty's Stationery Office

Year of publication:: 1930

Scope:: 119 Seiten

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: III. Characteristics of the rubber industry

Collection:: Economics Books

sion in imports. Considerations of the prospects of the market or of the incidence of import duties in a particular country will weigh witt these firms in reaching a decision to establish factories in that country. Thus, in the case we have quoted, the Goodrich Company had been established and the Michelin Company had commenced work on their factories in England prior to the imposition of the 33% per cent. ad valorem import duty on the 12th April, 1927, whilst the other foreign firms commenced work on their factories after that date. 13. Another instance of the manner in which figures of exports and imports may be temporarily affected by causes other than those of true market demand is furnished by the exports of tyres from the United States in 1924 and in 1995. Exports of outer covers were 28 per cent. higher in 1925 than in 1924. To some extent this was due to a true increase in demand, but it was also largely due to the decision of the Ford Company to equip their ars with low pressure instead of high pressure tyres. Tyre nanufacturers in the United States were therefore compelled to reduce rapidly their stocks of tyres of the old type and in doing so mloaded them on foreign markets. Different considera- tions in tyre indus- try and general rubber manufac- bares. Arrange- ment of the Survav. 14. In analysing the import figures of tyres in different countries sare has clearly to be taken to avoid ascribing to changes in demand, 7ariations which may be due to entirely extraneous causes. Similar sonsiderations do not occur to the same extent in regard to other tinds of rubber goods. In the first place the factories which supply hem are not organised on a similar scale. In fact for making ‘ome of these goods to meet a local demand a small factory in- ‘olving comparatively small initial expense—some £4,000—is wilicient. Further, sales organisation is not under the control of the nanufacturer to the extent that it must be in the tyre trade, in which arrangements for local stocks, service and advertisement are mportant. Many of the other rubber goods must necessarily be sold i0 other industries, as for instance belting. In some cases they must be sold through factors or merchants specialising in the needs A different classes of retailers. Thus, for example, hot-water »ottles are sold through those supplying chemists’ shops, rubber ands and erasers through dealers in stationery stores, and water- proofs through the channels supplying drapers and clothiers. This side of the industry thus differs entirely from that of tyres both in the scale of its organisation, in the methods of gale and distribution of its products and in the degree to which standardisation in manu- facture has been attained. 15. This survey therefore deals with a varied industry for several sections of which detailed information regarding conditions in competing countries is not forthcoming. We deal first and briefly with the growth of the rubber producing industry and the absorption of raw rubber by industry in the chief manufacturing

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