April i, 1902.] 



THE INDIA RUBBER \VORLn 



235 



THE HARDWARE TRUST. 



A RUMOR that a $100,000,000 hardware trust is about to be 

 started has proved quite interesting to manufacturers of me- 

 chanical rubber goods, as they sell large amounts of goods to 

 these companies. The opinion of many companies interested, 

 however, is that the market for rubber goods will in no way be 

 disturbed — that each of the great hardware companies will 

 purchase individually as before and that there will be no cen- 

 tral purchasing bureau. The companies mentioned as about 

 to amalgamate or already amalgamated are the Supplee Hard- 

 ware Co. (Philadelphia), Simmons Hard'ware Co. (St. Louis), 



Bigelow & Dows (Boston). Bindley Hardware Co. (Pittsburgh) 

 Hibbard, Spencer \' Bartlett (Chicago), and George VVorthing- 

 ton & Co., Mackintosh-Huntington Co., Lockwood Taylor Co., 

 J. M. & A. L. Osborne Co. (Cleveland). 



CALUMET TIRE RUBBER CO. (CHICAGO) 

 At the recent annual meeting of stockholders it was voted 

 to increase the capital stock from $i5o,oootoS35o,ooo,to enable 

 them to equip another factory, and add to their business the 

 manufacture of sheet and molded rubber goods. The new fac- 

 tory is already in operation, and the new lines of work are 

 being added as rapidly as the machinery can be set in place. 



REVIEW OF THE CRUDE RUBBER MARKET. 



QUOTATIONS for Para sorts are about i cent per pound 

 higher than we reported one month ago. A similar 

 ^ _, advance is to be noted in some grades of Centrals and 

 Africans, others remaining without change. It is esti- 

 mated that not more than half the unusual accumulations of 

 Para rubber at New York referred to in this column lately have 

 been disposed of — manufacturers not being disposed to buy be- 

 yond current needs, even at low prices, while the market is de- 

 moralized. Besides, some holders of this rubber are still wait- 

 ing for an advance. Manufacturers are active, however, calling 

 for good deliveries from new arrivals, for which they appear 

 willing to pay as much as for the rubber so long in storage here. 

 The excess of receipts at Para over those for the same period 

 last year, reported in our issue of March i, has now become 

 greatly lessened. Arrivals in recent years in March have been : 



iSiju. 1900. Igol. 



Tons 2450 3115 3923 



Para receipts from March i to March 22 this year — the latest 

 information received at New York — had been only 2490 tons, 

 excluding Caucho. This gives total receeipts, since July i, of 

 21,329 tons, against 20,494 tons to March 31, 1901. The arrivals 

 for the rest of the season are. of course, problematical. 

 New York quotations on March 31 were : 



PARA. AFRICAN. 



Islands, fine, new 70 @7I 



Islands, fine, old 73 @74 



Upriver, fine, new 72 ©73 



Upriver, fine, old 75 (§76 



Islands, coarse, new.. .46 @47 



Islands, coarse, old... @ 



Upriver, coarse, new. .59 (5 60 



Upriver, coarse, old. . . @ 



Caucho(Peruvian)sheet 46 @47 



Caucho (Peruvian) ball 53 @54 

 CENTRALS. 



Tongues 43 (^44 



Sierra Leone, istqualitybi (S62 



Benguella 45 ©46 



Cameroon ball 44 ©45 



Flake and lumps 28 @29 



Accra flake 16 @I7 



Accra buttons 45 ©46 



Accra SI rips 51 (^52 



Lagos buttons 45 @ (6 



Lagos strips 50 (ffiji 



Madagascar, pinky @ 



Madagascar, black @ 



EAST INDIAN. 



Assam 54 ©55 



Borneo 33 @42 



Per Kilo. 

 5$ 1 00 

 3$6oo 



Esmeralda, sausage. . .51 ©52 



Guayaquil, strip 47 @48 



Nicaragua, scrap .. . .50 @5i 



Mangabeira, sheet. . . .39 @40 



Late Para cables quote : 



Per Kilo. 



Islands, fine 4*450 Upriver, fine. . . 



Islands, coarse 2$I50 Upriver, coarse. . 



Exchange, 12 5/32</. 

 Last Manaos advices (March 22) : 



Upriver, fine 4$90O Upriver, coarse. 



Exchange, 12 3/16//. 

 NEW YORK RUBBER PRICES FOR FEBRUARY (NEW RUBBER.) 

 1902. 1901. Igoc. 



Upriver. fine 72 ©79 85j^@88 104 @ii,q 



Upriver, coarse 60 (363 63 @66 80 @ 86 



Islands, fine 69 (§76 83 (§185 io3!^(a)io8 



Islands, coarse 45 ©48 45}^@48 (>iyi@ 66 



Cameta, coarse 48 @50 52}^G?54 64 @ 6b 



3$200 



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

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

 as follows : 



"During March the demand for paper has been fair from 

 out-of-town banks, but city banks have not been doing much in 

 this line. During the early part of the month rates ruled at 

 A'A @ 5 per cent, for the best rubber names, and 5 @ 6 per 

 cent, for those not so well known, but towards the end of the 

 month rates have been rather firmer, ruling from 5 (gi 6 per 

 cent." 



The India Rubber World is indebted to Messrs. Earle 

 Brothers (New York) and Messrs. Cmok, Priisse & Co. (Paid) 

 for annual summaries of crude India-rubber statistics, pub- 

 lished by the two firms. 



Para jabber Statistics {Excluding Caucho). 



Stocks, January 31. 

 Arrivals, February., 



Aggregating 2176 



Deliveries, February 1476 



Stocks, February 28 . . , 



1902. 

 Stocks, January 31... 510 

 Arrivals, February. . ..'3075 



Aggregating 3585 3660 5440 



Deliveries, February.. 2535 3100 3445 



2335 2000 1274 

 725 975 825 



Stocks. Feb. 28 . . 1030 560 1995 



1610 1025 



449 



1902 1901. 11.00. 



World's supply, February 28 5327 4277 5656 



Para receipts, July i to February 28 18,839 15,863 18,735 



Para receipts of Caucho, same dates 1696 



Afloat from Para to United States, Feb. 28. 1073 1070 834 



Afloat from Para to Europe, February 28. . .. 910 927 1705 



[* Receipts of Caucho. 315 tons additional.] 



Bordeaux Arrivals for February. 



Cassamance ii/os i , 600 



Rufisque 500 



Soudan 69,000 



Conakrv 5,000 



Grand Bassam 1,000 77,100 



Austria-Hunganan Official Statistics. 



INDIA RUBKER AND GUTTA- PERCHA. 



1900. 190I. 



Imports pounds 2,502,280 2,640.000 



Expotts 20.020 25,080 



Net Imports 2,482,260 2,614,920 



