Abstract

THE Rubber Exchange of New York was opened for trading in crude rubber futures on February 15, 1926. In the history of commodity trading it occupies a somewhat unique position, being chronologically intermediate. It was preceded for many years by other commodity exchanges, from which it undoubtedly drew a fund of vast experience-the New York and New Orleans cotton exchanges, the coffee, sugar, produce, and other exchanges. Its successful establishment gave immediate encouragement to the formation of similar organizations for raw silk, cocoa, metals, jute and burlap, and hides. It will be the express purpose of this article to demonstrate the usefulness and service of The Rubber Exchange to the crude and manufactured rubber industries. No effort will be made to

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