February 



'903I 



THE INDIA RUBBER V/ORLD 



17'J' 



Para. 



Under date of December 31. 1902, is notified the dissolu- 

 tion of the commission firms of Cmok. Priisse & Co. ( Para) and 

 Piiisse, Dusendschon & Co. (Manaos), through the retirement 

 of Mr. O. P. F. Priisse, who returns to Wiesbaden, Germany, 

 The business at Para will be continued under the firm style of 

 Cmok, Schrader & Co., and at Manaos as Dusendschon & Co. 

 The firm members now are Messrs. Oscar F. A. Dusendschon. 

 Wilhelm Richard Schrader, and Franz Hermann Cmok, with 

 Heilbut, Symons & Co. (London and Liverpool) as special part- 

 ners. The capital employed is 1,200,000 milreis. 



Hamburg. 



To iHE Editor OF The India Rubber World: Trans- 

 actions have been in small proportions, but quotations show 

 an advance over the past week. The following prices have 

 been paid (in marks per kilogram) : 



Para fine, hard cure, spot 8. 65@3 S5 Colombian scrap 6 40(36 50 



Do future. 8. 60(11)3.75 Salvador scrap 6 7&(a6.8o 



Para medium, hard cure, Salvador strips 5.75(§5 80 



future 8.3C@8.45 Mozambique ball 



Bolivian future 8.20(3)8 25 '"Donde" 75t'.'«7 7o 



Manaos scrappy negro- Mozambique ball 



heads 7.10(^7.15 " Mahenge " 7-40(!I7 50 



Peruvian balls 7. @7.lo Massai niggers 7 i5(®7-35 



Mattogrosso sheets ...5.50(3560 Gambia niggers 5.90(56. 



Santos sheets .5.20(35.25 Borneo I and II 5 40(85 50 



Ecuador scrap 6.75@6 90 Borneo III 2.25(02 30 



Hamburg, January 17, 1903. 



London. 



EDVifARD Till & Co.. January i, report stocks: 



lgc3. 1902. 1901. 



( Para sorts .... loiis — — — 



, Borneo 55 



London -(,' „ ' = 



Assam and Rangoon 2 



I. Other sorts 175 



Total 232 



Liverpool 



Para. 



■ 894 



Other sorts 456 



Total, United Kingdom 1582 2794 2901 



Total, December i 2083 2525 3C61 



Total, November I 2337 2602 3040 



Total, October 1 2464 2802 2S46 



PRICES PAID DURING DECEMBER. 



1902. 1901. 1900. 



Para fine, hard 3/4?4 (Ss/'O 3/7 3/9^ @3/io 



Do soft 3/iJ^ @3/8,'; 3/4J4: @3/6j4 3/q,¥ @4/- 



Negroheads, Islands. 2/1}^ (3)2/6}.^ 2/0J4 (g)2/i 2/1^^ 



Do scrappy. 2/g (83/1 2/7 @ 2/9 2/9!^ (ffi2/io 



Bolivian 3/7 @3/lo 3/1M (§3/9 No sales 



January 16. — The market for Para continues quiet, with sellers of 

 fine hard spot and forward at 3r. rr</. Ten tons March April delivery 

 sold to day at 3.?. lo^^V. Negroheads firm, with sales of scrappy at 3^- 

 2d. @ y x'/zd.; Cametas have been in good demand with fair sales for 

 near delivery is. 71/ ; Islands sold at is. (']<^ti (3> is bJ. Peruvians 

 quiet, with small sales of ball at 3^. lyid. @ 3J. i^id. forward and 

 further sellers. Fine Mollendo buyers at 3^. 8^. Medium grades con- 

 tinue scarce and in good demand. No auctions have been held 10 day. 



Liverpool. 



William Wright & Co. report [January i] : 

 Fine Para. — Under the combined influence of short receipts and 

 " bear" covering, the market has been strong and active, and an ad- 

 vance of S'/.@i}.^d. per pound has been registered. The chief features 

 of this advance have been the comparatively small amount of specula- 

 tion, and the fact that the rise in price was largely due to the shortage 

 in good medium grades. The early winter in the United States has also 

 had some effect. As regards the future, it is difficult to predict what will 

 happen ; the Paia receipts will naturally be an important factor, but we 

 believe there is still a considerable amount of " bear " sales to cover. A 



temporary setback is quite possible, but an early return to recent level 

 flower] of prices does not seem probable. As compared with present 

 prices of many grades of medium, fine Paia is still the cheapest rubber. 

 African — All descriptions have been in strong demand ; several grades 

 show a sharp advance has taken place. Stock of good qualities scarce 

 andwanted. 



Ed.mund Schluter & Co. report [January 14! : 

 During the week we have experienced a somewhat spasmodic but ad- 

 vancing market in Par.-i sorts, wi:h business in hard fine and spot at 3^. 

 lo</., and February-March-April-May at 'is. lo}/^d. @ 3s. lid., closing 

 at the latter figure. A few cases of 1901 Bolivian were sold at 4s. o^d. 

 The price now wanted is 4s. id. @ 4s. i]4.d. The demand for spot fine 

 has been irregular at from y. Sl4d. @ 2s. qj. and 3j. g)2'''' fof Feb- 

 ruary-March delivery. Medium kinds remain in good demand with lim- 

 ited offering. Sales at auction today included Sierra Leone twists at 3^. 

 iiji/. ; Manoh twists. 2s 7)41/.; large Gaboon ball, is. 4%d.\ Loanga 

 ball IS. 4%d.; Pernambuco scrap, is. ()^2'^-'. Sierra Leone negroheads 

 2s. <)iid. 



Anhoerp. 



To THE Editor of The India Rubber World: Since 

 our report of December 16 two inscription sales have taken 

 place — on December 19, when 90 tons were offered and sold, 

 and on January 2, when 42 tons were sold. The chief interest 

 in the first inscription consisted in the sale of 62 tons prime 

 Lopori at 8.30, 8.40. and 8 50 francs per kilogram, against an 

 estimation of 7.70 francs. The average advance may be esti- 

 mated at 2>'A 'o 4 per cent, on the preceding sale, or at 8 to 9 

 per cent, on estimations made before the sale of December 16. 

 The sale of January 2 showed equally firm prices, the advance 

 on estimations amounting to lyi per cent for Congo rubber 

 and about 3 per cent, for other African sorts. The next regular 

 monthly sale will occur on January 27, when about 650 tons 

 will be offered. 



The year's arrivals at Antwerp showed a decrease of about 

 400 tons, compared with 1901, instead of which we doubtless 

 should have had an increase if the agents of the Congo Free 

 State and of the private companies had not been instructed to 

 lay special stress on the improvement of the quality of rubber 

 produced. The effect of these measures will be felt in the fu- 

 ture, without doubt, in the improvement of prices in this 

 market. C. SCHmid & CO. 



Antwerp, January 13, iyo3. 



Karcher & Co. reported, in advance of the sale of January 

 27, when 622 tons were to be offered, the following principal 

 lots, with the brokers' estimation (in francs per kilogram) : 



Kilos. Grades. Value. Kilos. Grades. Value. 



15,101 Kassai . 7.75 



31,937 Do red ........ 7.50 



iq 525 Do red 7.75 



14,262 Lomami 7.95 



11,418 Lake Leopold II. . . 6.75 



27,599 Aruwimi ■■ 7-50 



22,521 Mongalla 7.50 



37,387 Wamba 4.75 



11,873 Do 4 40 



8,759 Equateur 850 



14 131 Equateur 825 



11. 564 Upper Congo 7.85 



6.981 Low. Congo thimbles 6 25 



9,704 bo red 4 00 



34,675 Uele 7 65 



35,782 Aruwimi 7.75 



8,063 Isangi 7.85 



51,317 Mongalla 7.75 



Grisar & Co. 's annual review for 1902 shows smaller arri- 

 vals in this market than during 1900 or 1901, though larger 

 than for any preceding year. The following comparison shows 

 the sources of rubber imports for three years past : 



1900. 1901. 1902. 



Congo Free State kilos. 4,902,003 5.417,456 4,992,954 



Other countries 796,032 431,746 411,031 



Total 5.698.035 5,849,202 5.403,985 



It is pointed out that in spite of the considerable importa- 

 tions during the year, the prices obtained were higher for many 

 grades than during the preceding year, while prices of Paia 

 rubber had shown a decline. This fact is explained by the 

 great vogue which Congo rubbers have enjoyed, proving them 



