224 



THE INDIA RUBBER WORLD 



[January 1, 1913. 



Review of the Crude Rubber Market. 



ON November 23, at date of last report, the price of fine 

 Para in London was 4s. 5d. During the later days of 

 the month it improved, reaching 4s. 6>^d. on November 30. 

 A further improvement brought it by December 10, to 4s. 8'4d., 

 the highest price reached during the month, from which point it 

 fell during the ensuing week to 4s. 6d. Another rise commencing 

 on the 18th brought the price by the 24th, just before the holiday, 

 to 4s. 7-Kd. The month's fluctuations, therefore, resulted in an 

 advance of 254d. ; restoring figure to about where it had stood 

 three months earlier. 



In plantation rubber there was during the month a closer ap- 

 proximation of value to that of fine Para. On November 25, they 

 stood respectively at 4s. 5d. and 4s. 3^d., since which time the 

 difference thus shown was in some cases increased by the course 

 of plantation rubber. The latest quotations, of December 24, are : 

 Para, 4s. 7Hd.; plantation, 4s. 7%<i. (only J-^d. difference). Com- 

 pared with the position on October 26, of 4s. 6d. and 4s. 2j4d., 

 the interval of two months has resulted in an advance of IJ^d- 

 in the former, and of 4^d. in the latter. 



The relative quietness of demand in the London market 

 throughout the month, was accompanied by absence of any pres- 

 sure by sellers. Consumers have not been desirous of antici- 

 pating their wants. In some quarters it is thought that there is 

 a considerable short account in existence, but this consideration 

 has not exercised much influence upon the action of buyers. 

 Meanwhile the increased American consumption has strengthened 

 the market. Anticipations have been expressed of consumers en- 

 tering the market more freely after the turn of the year, in order 

 to replenish their stocks. 



Auctions took place in London on December 3 and 17; the 

 former comprising about 800 tons. The quantity would have been 

 larger but for the vifithholding of crepe descriptions, arrived in 

 execution of contracts. The anticipations of firmness proved 

 correct, the rates averaging one penny above the previous fort- 

 nightly sale; thus reflecting the course of the open market. One 

 of the features of the auction was the attaining of the price of 

 Ss. per pound for Highland smoked sheets. Cable reports of the 

 sale of December 17 indicate a slight decline on the rates of 

 the previous auction of December 3. Offerings were 922 tons. 



At the Antwerp sale of December 13, out of 392 tons Congo, 

 359 were sold at an advance of about 6 per cent, on valuations. 

 Of 118 tons plantation, practically the whole was sold at a sim- 

 ilar increase. 



The Rotterdam sale of December 10, included 60 tons Congo 

 and 6 tons Hevea. An advance representing on an average 5 per 

 cent, over valuations was obtained. 



At Amsterdam, on December 11, there were offered 56 tons, 

 chiefly Hevca and Ficiis, of which about 40 tons were sold at 4 

 per cent, above valuations. 



New York Quotations. 



Following are the quotations at Nevi' York for Para grades, 

 one year ago, one month ago, December 30 — the current dates : 



Para Jan. 1, '12. 



Islands, fine, new 96@ 97 



Islands, fine, old 98@ 99 



Upriver, fine, new 104@105 



Upriver, fine, old 108@109 



Islands, coarse, new 62@ 63 



Islands, coarse, old 



Upriver, coarse, new 89@ 90 



Upriver, coarse, old 



Cameta 63@ 64 



Caucho (Peruvian) ball... 88@ 89 

 Caucho (Peruvian) sheet 



Dec. 1, '12 

 95@ 96 



i66@io7 



113@114 

 54@ 55 



82@ 83 



Dec. 30. '12 

 102@103 



S5@ 56 

 81@ 82 



111@112 



118@119 



S6@ 57 



82® 83 



57@ 58 

 84@ 85 



Plantation Ceylons. 



Fine smoked sheet 115@116 



Fine pale crepe 119@120 



Fine sheets and biscuits.. .. 115@116 



Centrals. 



Esmeralda, sausage 86@ 87 



Guayaquil, strip 



Nicaragua, scrap 83® 84 



Panama 



Mexican plantation, sheet 



Mexican, scrap 84@ 85 



Mexican, slal) 53@ 54 



Managabeira, sheet 62@ 63 



Guavule 53@ 54 



Balata, sheet 81@ 82 



Balata, block 53@ 54 



African. 



Lopori, ball, prime 101@102 



Lopori, strip, prime 



Aruwimi 100@101 



Upper Congo, ball, red 



Sierra Leone, 1st quality. .. SQ® 90 



Massai, red 90® 91 



Soudan, Niggers 



Cameroon, ball 62® 63 



Benguela 64® 65 



Madagascar, pinky ^ 



Accra, flake 26® 27 



East Indian. 



Assam ... 

 Pontianak 

 Borneo . . 



111@112 

 106®107 

 105@106 



78@ 79 

 "77®' 78 



'76@77 



58® 59 

 82® 83 

 54® 55 



98® 99 



112®! 13 

 110@111 

 109® 110 



81@ 82 



"80® si 



79® 80 

 '66@'6i 



73® 74 

 25® 26 



6J4@' '7 



74® 75 

 '26@'27 



6?^^® 



Late Para cables quote: 



Per Kilo. 



Islands, fine Upriver, fine . . 



Islands, coarse Upriver, coarse 



Exchange ...... 



Latest Manaos advices : 



Exchange 



Per Kilo. 



.... 5$6S0 

 .... 3$900 

 .1611/32d. 



Upriver, fine 5$90O 



Upriver, coarse 3$700 



African Rubbers. 



New York Stocks (in Tons). 



.1611/32d. 



November 1. 1911. 



December 1 



January 1. 1912... 



February 1 



March 1 



April 1 



:Mav 1 



. 45 

 . 60 

 . 58 

 .ISO 

 , 90 

 . 80 

 . 62 



June 1, 1912. . 



July 1 



August 1 . . . . 

 September 1. 

 October 1.... 

 November 1 . 

 December 1 . . 



. 94 

 . 62 

 . 85 

 .156 

 . 89 

 . 90 

 . 80 



Ne'w York. 



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

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

 New York) advises as follows : "The demand for paper during 

 December has been very light, city banks buying almost nothing 

 and out-of-town ones but little. Rates have ruled at 6®6J4 

 per cent, for the best rubber names, and 6!/.®7 per cent, for 

 others. We look for an improvement in demand and lower 

 rates in January." 



New York Prices for November (New Robber). 



1912. 

 Upriver, fine $1.02(31.08 



Upriver, coarse 

 Islands, fine . . 

 Islands, coarse 

 Cameta 



.80@ .84 

 .94@1.00 

 .53® .58 

 .55@ .58 



1911. 

 $0.99@1.06 

 .87® .91 

 .93@1.00 

 .S7@ .60 

 .60@ .62 



1910. 



$1.36@1.52 



1.02@1.07 



1.20@1.28 



.73(8 .75 



.75® .78 



