476 



creasing- production in South Ameriea, Africa, and the 

 Middle East, will have put supply considerably in excess of 

 demand, with the inevitable result — a fall in the selling 

 price of rubber. 



Now, it is not the Middle East plantations which have 

 anything serious to fear from a fall in rubber prices, but 

 the wild producers. The latter cannot collect and ship 

 rubber at anything near the Middle East estate costs, and 

 we think our readers by this time appreciate the fact that, 

 with rubber at 26'. 6d. per lb. — a price we do not think the 

 present generation of investors is likely to see permanently 

 established — the plantation companies could and would pay 

 handsome dividends, while the profits of the average wild 

 rubber collector would be practically nil. Meanwhile, how- 

 ever, supply is not likely to overtake demand for some time 

 to come, and Plantation Rubber shareholders can sleep 

 easily o' nights. — Times of Malaya, Aug. 26, 1909. 



PLANTERS' ASSOCIATION OF MALAYA. 



Minutes of a Meeting of the Planters ' Association 



of Malaya. 



Held at the Turf Club Buildings, Penang, on August 10th, 

 1909, at 10-45 a.m. 



Present: For Malay Peninsula Agricultural Associ- 

 ation: The Hon. John Turner, Mr. T. N. Symonds, Mr. J. 

 Lamb, Mr. Thos. Boyd, Mr. Geo. Stothard ; For Johore 

 Planters' Assication: Mr. R. Pears (per his proxy Mr. F. 

 Pears), Mi-. W. Gowler ; For Perak Planters' Association: 

 Mr. Alma Barker; For Negri Sembilan Planters' Associ- 

 ation: Mr. C. M. Gumming, Mr. E. N. T. Cummis; For 

 Kuala Langat District Planters' Association: Mr. C. E. S. 

 Baxendale, Mr. E. Maefadven; For Batu Tiga District 

 Planters' Association: Mr. P. W. Parkinson, Mr. EL F. 

 Browell; For Kapar District Planters' Association: Mr. 

 C. T. Hamerton; For Klang District Planters' Association: 

 Mr. John Gibson; For Kuala Lumpur District Planters' 

 Association: Mr. E. B. Skinner, Mr. C. Burn-Murdoch, Mr. 

 H. F. Dupuis, Mr. A. J. Fox, Mr. H. C. E. Zacharias; 

 Visitors: Messrs. H. C. Rendle and A. B. Milne. Chair- 

 man: Mr. S. M. dimming. Secretary: Mr. H. C. E. 

 Zacharias. 



I. The Notice, convening the Meeting, having been 

 read by the Secretary, the Chairman rises to address the 

 Meeting as follows : 



