104 



THE INDIA RUBBER WORLD 



[December j, 1902. 



REVIEW OF THE CRUDE RUBBER MARKET. 



T 



^HE advance in rubber prices continues in every import- 

 ant market, and extends to all grades in general de- 

 mand. Prices at New York, for thirteen months past, 

 for new rubber of Upriver Para grades, compare ; 

 Fine. Coarse. Fine. Coarse. 



1901. igo2. 



November. ...84@87 63>^@66 May 71 (Sa4'A S6®6o 



December..., 8 5 @8 7 65 @66 June 70 ©72 55@563^ 



1902. July 70 <a72 55t«"56J^ 



January 77@86 62 (865 August 70 (ff7S 56^061 



February 72@79 60 ©63 September. 74;^@78 5q@bz 



March 72@76 58 @6i October. . ..74>^@79 6o@64 



April 73@74M 59 @6° November .79 @S6 6i@68 



This period covers the depression of the market due to the 

 liquidation of a New York importing house early in the year. 

 Compared with the lowest prices within that period, our quota- 

 tions for November 29 show the following advances: 



Upriver fine, new 15,5 per cent. 



Upriver coarse, new 192 " 



Yet rubber is not high, compared with the range of the mar- 

 ket for several years past. Quotations printed in The India 

 Rubber World of December i of each year, for Upriver Para 

 grades, have been : 



Fine, New. Coarse, New. 



This year 79 @ »o 65 @ 66 



In igoi 84® 85 64 (® 65 



In 1900 92 @ 93 69 @ 70 



In 1899 110(01111 90 @ 91 



In 1898 94 I* 95 84(085 



American consumption has been active all year, and promises 

 to continue so. Never before have so many new rubber mills 

 been in course of erection, or so many extensions of old factories 

 in progress. Manufacturers of rubber machinery have been 

 phenomenally busy. The prosperous condition of the country 

 has had the effect of increasing the demand for every class of 

 products of the rubber industry. It is during such times that 

 articles previously regarded by many people as luxuries become 

 necessaries in popular acceptation, and a general advance in the 

 standard of living marks a higher stage in the demand for man- 

 ufactured products, which becomes permanent. Consumption 

 is well maintained in Europe, as well. The report of a German 

 rubber manufacturing company on another page of this paper 

 indicates that, while business at home has been depressed, there 

 has been a good export trade. On still another page are some 

 figures showing the large extent of the demand for rubber 

 goods in countries not yet making any — a field now appealing 

 more strongly than formerly to American manufacturers. 



Coincident with these conditions is a reduced supply of 

 rubber. Receipts at Pari for the crop year, compared with 

 former years, and including Caucho, have been : 



July I to November 27, 1902 8,830 tons. 



July I to November 30, igoi 10,100 " 



July I to November 30, Igoo 7,980 " 



July I to November 30, 1899 8,460 " 



There are no reports of new rubber districts contributing to 

 the Para market being worked this year, while it is known that 

 the " revolution " in the Acre district has practically put an 

 end to rubber gathering there. Antwerp reports a falling off 

 of 600 tons of rubber from the Congo so far this year, com- 

 pared with the same months of 1901, and some other districts 

 in Africa have been yielding less rubber year by year. Atten- 

 tion is called to a summary of official statistics of rubber in 

 commerce, on the last page of this paper, from which it appears 

 that the net imports of rubber in those countries for the first 



nine months of this year amounted to about 70,000.000 pounds, 

 as against 73,000,000 in the same months of 1901 and 74000,- 

 000 in 1900. From all of which it appears unlikely that rubber 

 prices will be lower this season — though ol course the total 

 Amazon output may, in the end, be again surprisingly large. 



Early in November the New York market was very firm. 

 The easier condition which prevailed later was due in part to 

 the approach of the annual stock taking season, at the factories 

 Ttiere was pressure to buy Centrals all month, and Africans 

 were likewise in good demand. There was a scarcity of Upriver 

 Pard, and especially of coarse, which is relatively higher than 

 last year. 



New York quotations on November 29 were: 



PARA. AFRICAN. 



Islands, fine, new 73 (§74 Tongues 46 @47 



Islands, fine, old @ Sierra Leone, Istquality65 (866 



Upriver, fine, new. .. .79 @8o Benguella 54 @55 



Upriver, fine, old 84 @S5 Cameroon ball 47 ©48 



Islands, coarse, new. . .49 @50 Flake and lumps 34 ©35 



Islands, coarse, old. . . @ Accra flake 18 ©19 



Upriver, coarse, new. .65 (566 Accra buttons 50 ©51 



Upriver, coarse, old. . . @ Accra s. rips 52 Ct53 



Caucho(Peruvian)sheet 55 ©56 Lopori ball, prime. .. .67 (368 



Caucho (Peruvian) ball 63 ©64 Lopori strip, do ....61 (262 



CENTRALS. Madagascar, pinky @ 



Esmeralda, sausage ... 57 @58 Madagascar, black .... @ 



Guayaquil, strip 53 (S54 EAST INDIAN. 



Nicaragua, scrap .. . .57 ©58 Assam 56 @sy 



Mangabeira, sheet. .. .46 (§47 Borneo 35 ©48 



Late Para cables quote : 



Per Kilo. Per Kilo. 



Islands, fine 4$500 Upriver, fine 5175° 



Islands, coarse 2$4O0 Upriver, coarse 4$250 



Exchange, 12a'. 

 Last Manaos advices : 



Upriver, fine. 5$5oo Upriver, coarse 3$8oo 



Exchange, 12-^sd. 



NEW YORK RUBBER PRICES FOR OCTOBER (NEW RUBBER). 



Upriver, fine 745'2@79 



Upriver, coarse 60 (864 



Islands, fine 72 @74 



Islands, coarse 46 @49 



Cameta, coarse 47 ©49 



igoi. 1900, 



84 @90 93 ©I. 00 



63>^©66 69 @74 



78 ©85 92 ©I. 00 



463^@48 52 @57 



48 @49 56 ©58 



StatisUcs of Para %xbber {Excluding Caucho) . 



NEW YORK. 



Fine and Total 



Medium. Coarse. iqo2. 



Stocks, September 30. ./oK.f 192 6 = 198 



Arrivals, October 503 390 = 893 



Total Tota 



IQOI. 1900 



523 566 



500 609 



Aggregating . . . 

 Deliveries, October. 



Stocks, October 3t. . . 



695 



548 



147 



396 = logi 

 369 - 917 



27 = 174 



1023 



537 



486 



"75 



725 



450 



PARA. 



1902. igoi. 



Stocks. Sept. 30. . . tons 86 

 Arrivals, October 2300 



I go 



iS^o 



ENGLAND. 

 1900. 1903. 1901. 19C0. 



255 T275 g8o 1200 



1235 Soo 645 310 



Aggregating 2386 



Deliveries, October. . . 2241 



2040 

 1790 



1490 

 1032 



2075 



825 



1625 

 600 



1510 

 650 



Stocks, Oct. 31 . . . 145 



250 



458 



1250 I02S 



860 



World's supply, October 31 Ions 



Para receipts, July i to October 31 



Para receipts of C'aucho. siine da'e^ 



Afloat from I'ara to Uiiiic ) >m:s, Oct. 31 . . 

 Afloat from Para to Europe, October 31 



