April i, 1905] 



1HE INDIA RUBBER WORLD 



251 



REVIEW OF THE CRUDE RUBBER MARKET. 



VALUES for Para rubber during March advanced up to 

 the I3lh instant, when the cost at Manaos was said to 

 be on a basis which wou)d mal<e the import cost in 

 New York $1.3952 for fine new Upriver. A reaction 

 set in three or four days later, owing to the fact that the re- 

 ceipts at Pari during the first 17 days of the month had reached 

 3250 tons, whereas the arrivals for the whole of that month last 

 year were only 3940 tons. Liverpool and New York prices 

 were quoted lower, though a condition of firmness prevailed, 

 and while the quotations to-day are somewhat lower than the 

 highest figures for the month, they show an important advance 

 over the market one month ago. 



During the greater part ol the month there were no large 

 manufacturers in the market for Pard rubber. Large quantities 

 were distributed on previous sales, however, from the excep- 

 tionally large cargoes of Paid rubber received during February 

 and March. Over 8,000,000 pounds arrived at New York direct 

 from the Amazon during March, the cargo of the Hubert at the 

 beginning of the month, of 2,364,700 pounds, probably being 

 the most valuable cargo of rubber that ever reached any port. 

 An analysis of its contents, in connection with the cash prices 

 then prevailing, would indicate a value of more than $2,500,000. 

 The United States Rubber Co. are reported to have a three 

 months' supply of unwashed Para rubber in stock, and their 

 abstention from the market is referred to as one of the causes 

 of declining prices. 



Total receipts for the season at Paia (including Caucho) at 

 the end of March 28 had been 26,930 tons, as compared with 

 25,450 to March 31 last year, 23,540 tons in 1903, and 24.530 

 tons in 1902. These figures would indicate a certain increase 

 in the total for the season, over any previous record, but the 

 fact that prices are so well maintained points to active con- 

 sumption. Not only the United States but Great Britain, Ger- 

 many, and France showed distinctly larger net imports of 

 crude rubber in 1904 than in any former year, and while reports 

 of European manufacturing companies now coming out indi- 

 cate reduced dividends, on account of the high cost of raw 

 material, they almost without exception refer to an increased 

 volume of business. 



In view of the large amount of rubber offered at the Ant- 

 werp sale on March 29 a feeling prevailed in advance that lower 

 prices would result, but it appears that the prices paid were 

 even larger than the exceptionally high figures of February. 



Following is a statement of prices of Para grades, one year 

 ago, one month ago, and on March 31 — the current date. 



PARA. April i, '04. Mar. i, '05. Mar. 31. 



Islands, fine, new io7@io8 I2i@i22 I27@i28 



Islands, fine, old @ none here none here 



Upriver, fine, new iog@iio I24@i25 129(0)130 



Upriver, fine, old lio@iii none here none here 



Islands, coarse, new 67® 68 7o@ 71 74@ 75 



Islands, coarse, old ... none here none here none here 



Upriver, coarse, new 86@ 87 q2Cd 93 g6@ g7 



Upriver, coarse, old none here none here none here 



Caucho (Peruvian) sheet 6q@ 70 71® 72 75(8 76 



Caucho (Peruvian) ball.. 77® 7S 8o@ 8r 82i^@ 83 



Most of the other grades in the New York market have also 

 shown an advance during the month : 



AFRICAN. Accra flake 32@ 33 



Sierra Leone, istquality io2(S!i03 Lopori ball, prime. .. . 106(8107 



Massai. red I02@I03 Lopori strip, prime. .. . I02@I03 



Benguella 8o@ 81 Ikelemba i07@io8 



Cameroon ball 67® 68 Madagascar, pinky.. . . 83® 84 



CENTRALS. Mexican, slab 64 @65 



Esmeralda, sausage... 86 ©87 Mangabeira, sheet. .. .50 ©58 



Guayaquil, strip 75 ©76 p*<:t ivniAV 



Nicaragua, scrap .. . .84 ©85 EASI INDIAN. 



Panama, slab 64 (§65 Assam g8 ©gg 



Mexican, scrap 86 ©87 Borneo 42 ©43 



Late Para cables quote : 



Per Kilo. Per Kilo. 



Islands, fine 6*500 Upriver, fine 7I150 



Islands, coarse 3$ioo Upriver, coarse 4$650 



Exchange, \>^d. 

 Last Manaos advices : 



Upriver, fine 7fioo Upriver, coarse t$200 



Exchange, I5</. 

 NEW YORK RUBBER PRICES FOR FEBRUARY (NEW RUBBER). 



Upriver, fine 1.25® 1.29 



Upriver, coarse g3@ g6 



Islands, fine I.22@I.26 



Islands, coarse 7o@ 75 



Cameta 70® 76 



19C4. 

 l.oi@i.o7 

 82® 86 

 g9@i.04 

 64® 67 

 64® 67 



1903. 

 84 @go 

 70 @73 

 82 @87 

 50 @54 

 52 ®57 



Statistics of Para 1?txbber {Excluding Caucho) . 



NEW YORK. 

 Fine and 

 Medium. 



Stocks. January 31 

 Arrivals. February. 



. tons 



123 

 945 



Coarse. 



34 = 

 425 = 



Toial 

 '905. 



157 

 1370 



Aggregating 1068 



Deliveries, February g36 



Stocks, February 28. . 



132 



459 = '527 

 455 = 139' 



4 = 136 



Total 

 1904. 



64 

 2527 



259' 

 2476 



I'5 



Total 

 1903. 



253 

 l6og 



1862 

 1563 



299 



PARA. 



1905. igo4. 1903- 

 Stocks. January 31. fc»j 1256 565 155 



Arrivals, February 343o 3680 4740 



ENGLAND. 



1905. I9M. 1903, 



355 590 '050 



800 



765 



IIIO 



Aggregating 4686 4245 4S95 



Deliveries, February . . 3876 3810 4865 



1155 

 850 



1355 

 975 



2l60 



1025 



Stocks, Feb. 28. . 810 435 



30 



305 



380 1135 



1905. »9<'4' IQ03, 



World's visible supply, February 28. .. ./i;«j 3894 2867 3945 



Para receipts. July l to February 28 19.456 19200 17.801 



Para receipts of Caucho, same dates 2504 2304 1709 



Afloat from Para to United States, Feb. 28. . 1898 903 1188 



Afloat from Pard to Europe, February 28... 745 1024 1283 



Rubber Receipts at Manaos. 



During February and eight months of the crop season for 



three years [courtesy of Messrs. Witt & Co.] : 



From— Februaky. Jt/LV-FEURUABv. 



1905. 1904. 1903. '905. 1904. 1903. 



Rio Funis — Acre Ions 1049 1080 1838 4825 4g3l 4473 



Rio Madeira 411 297 360 22gl 20SS 1838 



Rio Jurua go4 672 786 2634 27S2 2801 



Rio Javary — Iquitos 233 273 78 2288 2068 1330 



Rio SolimOes iig 119 89 722 68g 1165 



Rio Negro 167 gi 124 506 358 449 



Total 2883 2532 3275 1326612,91612,056 



Caucho 811 517 571 2553 J130 1767 



Total 3694 3049 3846 15,81915,04613,823 



cAnf\»erp. 



To THE Editor of The India Rubber World : The price 

 realized at our inscription sale on February 22 exceeded all 

 records. All the rubber offered — 278 tons — found buyers at an 

 average advance of about 50 centimes per kilo over former pri- 

 ces, or between 5 and 5^ per cent. Large buying orders sent 



