September i, 1902.] 



THE INDIA RUBBER WORLD 



403 



REVIEW OF THE CRUDE RUBBER MARKET. 



PRICES are higher, all through the list. The advance on 

 Pard sorts is from 4 to 6 cents per pound, on Centrals 

 1 cent, and on the different African grades from i to 6 

 cents. Last month, in reporting on the market, scarce- 

 ly a change was made from the quotations of the preceding is- 

 sue, whereas in the figures below a change is recorded in every 

 item except Accra flake. At the beginning of August, manu- 

 facturers, while experiencing a good demand for rubber goods, 

 were still " bearish " in the market for crude. Holders, how- 

 ever, made no pressure to sell, and prices have gradually ad- 

 vanced to the figures presented below. Prices have advanced 

 correspondingly in the European markets, where a good de- 

 mand is reported, especially for Para sorts. While receipts at 

 Para continue larger than in any previous year, there is no ac- 

 cumulation of stocks at that point. The receipts at Para from 

 July I to August 23 amounted to 2170 tons (including 310 tons 

 of Caucho), against total receipts to the end of August last 

 year of 2150 tons. This increase of production of Par4s, however, 

 would not be sufficient to depress the market, in view of the 

 active demand for consumption and the fact that for many pur- 

 poses Para grades have been preferred to African since the de- 

 cline of prices which began with the first of the year. Manu- 

 facturers have entertained no idea of lowering prices of their 

 products— first, because they have anticipated an advance in 

 the cost of crude rubber, and secondly, because of the higher 

 cost recently of the other raw materials of their industry, par- 

 ticularly of cotton duck, which has increased at least 5 cents a 

 pound within two years. It is of some interest to the crude rub- 

 ber trade that the.Hamburg-American line has placed a steamer 

 in the Amazon river and New York trade, which will tend to 

 competition in freight rates. The incorporation is reported of 

 the The American Crude Rubber Co., under New Jersey laws, 

 with $2,000,000 capital, but this appears to have for its object 

 the exploitation of rubber on the Orinoco. 

 New York quotations on August 29 were: 



PARA. AFRICAN. 



Islands, fine, new 71 @^2 



Islands, fine, old 75 ©76 



Upriver, fine, new .75 ©76 



Upriver, fine, old 78 ©79 



Islands, coarse, new.. .47 @4S 



Islands, coarse, old... @ 



Upriver, coarse, new. .60 (361 



Upriver, coarse, old. . .62 ©63 



Caucho(Peruvian)sheet 52 @53 



Caucho (Peruvian) ball 56 ©57 

 CENTRALS. 



Tongues 43 ©44 



Sierra Leone, istquality62 (B63 



Benguella 4S ©49 



Cameroon ball 43 ©44 



Flake and lumps 31 ©32 



Accra flake 17 @i8 



Accra buttons 44 ©45 



Accra sirips 48 @49 



Lagos buttons 14 ©45 



Lagos strips 47 ©48 



Madagascar, pinky.. . . 



Madagascar, black 



EAST INDIAN. 



Assam 53 (5^54 



Borneo 33 @44 



Per Kilo. 

 51:300 

 3$Soo 



Esmeralda, sausage. . .51 @52 



Guayaquil, strip 48 (849 



Nicaragua, scrap .. . .50 ©51 



Mangabeira, sheet. . . .43 ©44 



Late Para cables (August 25) quote: 



Per Kilo. 



Islands, fine 4*550 Upriver, fine. . . 



Islands, coarse 2$45o Upriver, coarse. . 



Exchange, 3 1/32^. 

 Last Manaos advices (August 29): 



Upriver, fine 5I200 Upriver, coarse. 



Exchange, 12 3/32(/. 

 NEW YORK RUBBER PRICES FOR JULY (NEW RUBBER.) 

 1902. 1901. igoo. 



Upriver, fine 70 ©72 84 @87j^ 93 ©97 



Upriver, coarse 55 ©56^2 6' ©63 67 @7i 



Islands, fine 67 ©69 82 ©85 87 ©93J2 



Islands, coarse 44 ©46 46J^@48^ 51 ©54 



Cameta, coarse 46 ©48 50 ©55 54/^@59 



3$500 



In regard to the financial situation Albert B. Beers (broker 

 in India-rubber, No. 58 William street. New York), advises us 

 as follows : 



" During July, money rates having stiffened considerably on 

 call and on collateral time loans, there has been less demand 

 for paper, and it has been confined almost entirely to out-of- 

 town banks ; rates ruling at 5 @ 5>2 per cent, for the best rub- 

 ber names, and 6 per cent, for those not so well known." 

 SMisttcs of Para l^abber {Excluding Caucho) . 



Stocks, June 30 lous 



Arrivals, July 



Aggregating . 

 Deliveries, July . . 



Stocks, July 31. 



Stocks, June 30 . . . ions 65 

 A'nvals, July. . . 1060 



Aggregating 1125 



Deliveries July 1085 



1152 

 937 



920 



550 



1775 

 750 



1630 

 700 



2150 

 650 



Stocks, July 31. . . 40 215 



370 



1025 



930 1500 



1902. 1901, 1900. 



World's supply, July 31 295S 2536 2651 



Para receipts, July 1060 1115 760 



Para receipts of Caucho, July 250 145 100 



Afloat from Para to United States, July 31. . 440 35 98 



Afloat from Para to Europe, July 31 600 632 155 



Rubber Scrap Prices. 

 New York quotations— prices paid by consumers : 



Old Rubber Boots and Shoes— Domestic 7}^ @ 7|^ 



Ditto — Foreign 6^ © 6% 



Pneumatic Bicycle Tires, 6 



Solid Rubber Wagon and Carriage Tires 7 



White Trimmed Rubber : 9 



Heavy Black Rubber 4 j^ 



Air Brake Hose 2%" © 2^ 



Fire and Large Hose 2'/i 



Garden Hose i}i 



Matting I 



United States Rubber Imports. — By Fiscal Years. 

 ExCLUsn E of Gutta-percha and Pontianak : 



From — 1899-1900. 1900-01. 1901-02. 



United Kingdom founds 8,6ii,o6l 7,461,673 6,114,107 



Germany 1,750,498 1,673,234 1,653,678 



Other Europe 6,626,648 7,854,828 7,719,574 



Central America 1,428,224 1,279,099 1,121,399 



Mexico 420,612 297,691 263,909 



West Indies 12,291 45.578 63,094 



Brazil 28,175,787 34,900,198 31.532,70° 



Other South America 1,642,191 1,255,041 1,285,792 



East Indies 643,793 466,056 558,621 



Other countries 66,033 42,131 40,607 



Total /o«H(/j- 49,377.138 55.275.529 50.413,481 



Value $31,376,867 .128,455,383 $25,151,559 



Average per Pound 63.54cents. 53.28 cents. 49.89 cents 



Exports of Rubber 3,751,698 3,305,945 2.378,353 



Net Imports ./i;?;^;^- 45,625,440 51,969,548 48,035,128 



Balata. 



London, August 15. — At auction 17 packages Venezuelan 

 block bought in at 2s. iii. 



