68 



THE INDIA RUBBER WORLD 



lOCTOBER 1, 1912. 



Review of the Crude Rubber Market. 



THE principal feature of the London market during Septem- 

 ber has been the loss of the advance established the 

 previous month, in conjunction with a further drop in 

 values. Comparing recent quotations of fine Para, it will be 

 found that the following prices have ruled : June 28, 4s. /yid. ; 

 July 26, 4.f. U^d.; August 31, 5j. l-Krf. From the last named 

 point, the market has steadily fallen ofif; the price reaching: 

 September 4, 5s.; September 10, 4s. lOd. ; September 11, 4s. 9d., 

 and September 17 (at time o fwriting) 4.j. 7j4rf. Thus the price 

 is again where it was on June 28. 



As to plantation rubber, the market has followed more or less 

 the same course; pale crepe closing August 31 at 4.j. 10% d.; 

 September 6, 4.y. 9d. ; September 10, 4.f. 8d. ; September 16, 4.f. 

 7'Ad. ; and September 17 (at time of writing) 4s. 6j^rf. 



The comparative movements of Para and plantation rubber 

 during August and September are of interest: 



Fine Para. Pale Crepe. 



August 1 4s. \0y2d. As. W'Ad. 



August 31 5.?. l^d. 4s. IQ'Ad. 



September 4 5s. 4s. 9;4d. 



September 10 4.J. lOrf. 4s. 8d. 



September 11 4.f, 9rf. 4.f, 7^rf. 



September 17 4s. Tyid. 4s. byid. 



Thus plantation rubber has withstood the downward move- 

 ment better than Para has done, but it should be remembered 

 that it did not share to the same extent as Para in the upward 

 course of the market during August. 



Among the reasons to which the fall in quotations of planta- 

 tion rubber is attributed, has been the anticipation that the quan- 

 tities announced for auction would depress prices. Mail reports 

 of the sale of August 27 of 875 tons indicate, however, that the 

 opening was at practically unchanged prices maintained through- 

 out the sale, which closed with steady values. Demand was re- 

 markably well sustained ; most of the buying interests having to 

 go short. 



The sale of September lO, for which nearly 1,000 tons had 

 been expected passed off relatively well. At the opening demand 

 was light and prices easy, though without material change. 

 These rates were maintained throughout the sale, with mudfrate 

 inquiry. 



The New York market has partaken of the same general fea- 

 tures as have characterized development in London. 



-At the Antwerp sales of August 28 a very satisfactory result 

 was attained, due to a good demand from America and the 

 Continent. Of the 360 tons Congo catalogued. 285 tons were 

 cleared at an average advance representing l^d. per pound 

 over valuations. Out of 100 tons plantation, 90 tons were sold 

 at a decline equalling I'^d. per pound. 



Sales were fixed to take place at Rotterdam on Septembre 11 

 of 37 tons, and at Amsterdam on September 20 of 65 tons. 



The Havre sale of August 28 resulted in 66 tons being sold 

 out of the 100 tons Congo offered. Prices obtained were satis- 

 factory, being about 2 per cent, above valuations. 



.\ccording to latest advices, the London market has assumed 

 a firmer aspect; fine Para having been quoted on 18th at 4^-. 8d., 

 and on 19th, at 4s. 8'/id. Pale crepe has recovered by 19th 

 to 4s. Id. 



Xicw York Quotations. 



Following are tlie quotations at New 

 one year ago, one month ago, September 

 P.^R.■\. Oct. l.'ll. 



Islands, fine, new 107@108 



Islands, fine, old 109(aJllO 



Upriver, fine, new 113@114 



Upriver, fine, old 115@116 



Islands, coarse, new 61@ 62 



Islands, coarse, old 



Upriver, coarse, new 96(5) 97 



Upriver, coarse, old 



Cameta 66@ 67 



Caucho (Peruvian') ball 98@ 99 



Caucho (Peruvian) sheet 



Pl.-\nt.\tiox P.\r.\. 



Fine smoked sheet 135@136 



Fine pale crepe 133@134 



Fine sheets and biscuits 128(g;129 



Centr.\ls. 



Esmeralda, sausage 87@ 88 



Guayaquil, strip 



Nicaragua, scrap 86(ai 87 



Panama 



Mexican plantation, sheet 



Mexican, scrap 86@ 87 



Mexican, slab 



Mangabeira, sheet 



Guayule 46@. . . 



Balata, sheet 83@ 84 



Balata, block 58@ 59 



African. 



Lopori, ball, prime ni@112 



Lopori, strip, prime 



Aruwinii 101@102 



Upper Congo, ball, red 110@111 



Ikelemba 



Sierra Leone, 1st quality 95@ 96 



Massai, red 96@ 97 



Soudan, Niggers 



Cameroon, ball 70@ 71 



Benguela 70@. . . 



Madagascar, pinkv 85@ 86 



Accra, flake .....' 27@ 28 



East Indian. 



Assam 



Pontianak 6@. . . 



Borneo 



Late Para cables quote : 



Per Kilo. 



Islands, fine 4$600 



Islands, coarse 2$200 



York for Para grades,. 



20 — the current date : 



Sept. 1.'12. Sept. 20,'12. 



112@113 109&,110 



lllfa'112 



114(all5 



\2\(<i\22 



Sbfo; 57 



89® '96' 

 91fe 92 

 63@ 64 

 87® 88- 



122@123 



124@125 



58ra' 59 



"96@'97 



'67@'68 

 92@ 93 

 80® 81 



121®122 

 120ra.l21 

 117«n8 



85@ 86 

 84@'85 



'93® '94 



84® 85 



104® 105 

 107® 108 



ioo?! ioi 



102®103 



26® 27 



6'4@65^ 



114® lis 

 114®11S 

 111@112 



83@ 84 

 '82@'83- 



80® 81 



109® 110 



idiffios 



105® 106 



96® '97 

 97® 98- 



'76@"7i 



'27®'2S- 



6;4®65i: 

 Per Kilo. 



Latest Manaos advices : 



Upriver, fine 5$82S 



Upriver, coarse 3$825 



Upriver. fine 



Upriver, coarse 



Exchange Ifc'^d. 



Exchange 16 7/32d. 



[Owing to this issue, though dated October 1, being published 

 on September 23, in time for the Exposition, the various market 

 reports are to a proportionately earlier date.] 



Neiv York. 



In rcgar<l to the financial situation. Albert B. Beers (broker 

 in crude rubber and commercial paper. No. 68 William street, 

 New York) advises as follows: "A decided change has come 

 over the money market since our report for August, rates having 

 stift'ened considerably and the demand for paper fallen off. New 

 York banks have been mostly out of the market during September, 

 but there has been a fair demand from out of town, the best 

 rubber names ruling at 5;4®554 per cent., and those not so well 

 known 6(n)6'/2 per cent. 



New York Prices for August (New Rubber). 



1912. 1911. 1910. 



Upriver, fine $1.16@1.23 $1.09@1.17 $1.8;@2.20 



Upriver, coarse 89@ .96 .95® .99 1.40@1.48 



Islands, fine 1.06(31.13 1.02@1.09 1.78@2.10 



Islands, coarse 56@ .59 .61 @ .63 .9A(S .9.S 



Cameta 64@ .68 .66(3 .68 .96@1.10 



