A survey of the trade in rubber manufactured goods

Bibliographic data

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:: XIX. The industry in the United States

Collection:: Economics Books

vp (d) Hard- rubber goods. ¢) Drug- gists’ rubber roods. f) Proofed 2oods. Price trend of rubber manu- Factures. foreign rade. Absorption of crude rubber in hard-rubber goods in 1927 showed a decline of 72 per cent. from the amount in 1925, and the value of the products declined from £2,620,000 in 1925 to £1,660,000 in 1927. In all these classes of rubber manufactures, reclaimed rubber was used particularly to replace crude rubber during 1926 and 1927. The output of druggists’ sundries was greater in 1927 than in 1926. Absorption of crude rubber increased from 2,329 tons to 4,224 tons, and the value increased from £2,660,000 in 1926 to £2,900,000 in 1927. The absorption of crude rubber for proofed goods increased 61 per cent. in 1927 over 1926, and the value of the products increased 21 per cent. } 93. The general trend of wholesale tyre prices in the United States, which was downward from 1920 to 1924, turned sharply opward in 1925, during which year there were five general increases. In 1926 prices were reduced in February, July and November until the average wholesale price for four common sizes was lower than before the price increases of 1925. Tyre prices were further reduced by 5 per cent. on 1st November, 1927, bring- ing them to the lowest level in the history of the industry. The relatively low price of crude rubber was an important factor in keeping prices down from 1922 to 1924, but manufacturing and other economies were instituted during this period which enabled manufacturers to keep tyre prices stable for a considerable time, in spite of rising costs of crude rubber. The increases in prices of tyres in 1925 and the decreases in 1926 were largely a result of changes in the price of crude rubber, while the reduction in 1927 was caused primarily by intense competition. 94. Prices of rubber manufactures other than tyres also moved apward during 1925 ; fine rubber goods, such as druggists’ sundries, toy balloons and gum-rubber specialities, reacted most rapidly to the advance in price of crude rubber. During 1926 and 1927 the prices of these products followed the decline in the price of crude rubber. Prices of mechanical rubber manufactures and rubber ‘footwear were not so erratic as those for fine rubber goods, but lecreased to generally lower levels at the end of 1927 than at the beginning. 95. The total value of exports of rubber manufactures from the United States increased almost steadily from about £1,000,000 in 1901 to about £3,000,000 in 1915. A much more rapid develop- ment occurred in the following years and the total value of exports mcreased from £7,220,000 in 1916 to £17,550,000 in 1920. The war, which brought foreign orders to the United States, was also responsbile for very high prices of finished goods, and the quantities exported did not increase at the same rate as the inflated values.

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