390 



THE INDIA RUBBER WORLD 



[April 1, 1913. 



Report of the Crude Rubber Market. 



TllE most prominent feature of the London market for fine 

 Para during the month has been the relatively small ex- 

 tent of fluctuation. In the closing days of February, the 

 price recorded on the 25th of 4s. Oyid. had slightly dropped, the 

 month of Marcli starting at 4.s. and touching 3s. lid. on March 

 3. which has practically been about the basis since then, with 

 some fractional changes, and closing on the 26th at 3.r. lO^d. 

 Plantation rubber pale crepe has been at almost identical prices 

 with fine Para during the month, the figure on the 26th being 

 3s. lOVid., as compared with 3s. lOi^d. for fine Para. Prices 

 have been to some extent supported by the absence of pressure 

 to sell. 



On March 11 there were 900 tons plantation offered by auction 

 in London, prices realized showing a decline of yid. to ^d. as 

 compared with those of the previous auction, a fortnight earlier. 



Owing to the approaching Easter holidays, there was a small 

 sale of 330 tons on March 18. Notwithstanding the absence 

 <of American purchases (owing to the strike), the buying power 

 •of the market proved fully equal to the quantity offered, which 

 •jsold at prices slightly easier than those of the previous week. 

 • In New' York the continuance of the Akron strike has con- 

 tinued to depress the market, which is, however, expected to 

 recover with the settlement reported to have been made for 

 March 31. Manufacturers have, as a rule, abstained from pur- 

 chases, preferring to make further inroads upon their stocks 

 before replenishing them. 



Leading plants in the above-named city claim that they have 

 had but little difficulty in working their plants at full capacity 

 during the strike. This estimate is, however, not regarded as 

 general, the proportion of operation to capacity being con- 

 sidered to have averaged SO per cent. Large tire interests at 

 Akron are reported to have enough stock of crude rubber to 

 last through the summer months. 



At the Rotterdam sale of the 14th, the Congos were 

 withdrawn, while the plantation rubber fetched market rates. 



The monthly Antwerp auction on the 19th of March, resulted 

 in the sale of the 225 tons of Congos and the 75 tons Plantations, 

 at an average of 3 per cent, below valuations. 



In the Amsterdam sale of March 12. were included 33 tons 

 Hevea and IS tons Fictis, which sold respectively at 2^ per 

 cent, and 3yi per cent, below valuations. 



Hamburg has shown a somewhat better feeling during March. 

 Quotations of March 14 equaled : South Cameroon, 63j4c. ; 

 Mollcndo Para, 92i^^c. ; Prima Red Rio Nunez Niggers, 89; 

 Conaky Niggers, 8Sc. ; Mani(;oba Crepe, 85c. 



With reference to the question of the visible supply of rubber, 

 it is noted with interest that the stock at the end of February 

 has been stated to be 6,960 tons Paras and 2.010 tons Caucho, 

 against 7,930 and 1.700 tons respectively at the end of February, 

 1912. 



New York Quotations. 



Following are the quotations at New York for Para grades. 

 one year ago, one month ago, March 29 — the current dates : 

 Para. April 1,'12. Mar. 1,'13. Mar.29,'13. 



Islands, fine new 117@118 91 @ 92 89@90 



Islands, fine, old 119@120 



Upriver, fine, new 122@122 96 (g 97 92@93 



Upriver, fine, old 124@125 



Islands, coarse, new 67@ 68 46^^@ 47 43@44 



Islands, coarse, old 



Upriver, coarse, new 98>^^@ 99 71 @ 72 66@67 



Upriver, coarse, old 



Cameta 72@ 73 48 @ 49 48@49 



715^^@ 721/2 70@71 



101 

 97 

 96 



@102 

 @ 98 

 @97 



71 @ 72 

 69 @ 70 



97 

 95 

 92 



68 



82 @ 83 

 52 @ 53 



97 @ 98 



88 @ 89 



68 @ 69 

 65 @ 66 



64 



80 

 90 



63^ 

 63 



Caucho (Peruvian) ball 98® 99 



Caucho (Peruvian) sheet 



Plantation Ceylons. 



Fine smoked sheet 139@140 



Fine pale crepe 138@139 



Fine sheets and biscuits 136@137 



Centrals. 



Esmeralda, sausage 97@ 98 



Guayaquil, strip 



Nicaragua, scrap 96@ 97 



Panama 



Mexican plantation, sheet 95@ 96 



Mexican, scrap 



Mexican, slab 



Mangabeira, sheet 67@ 68 



Guayule 69@ 70 



Balata, sheet 90@ 91 



Balata, block 62@ 63 



African. 



Lopori, ball, prime 122@123 



Lopori, strip, prime 



Aruwimi 



Upper Congo, ball red 



Ikelemba 



Sierra Leone, 1st quality 109@110 



Massai, red 111@112 



Soudan Niggers 



Cameroon, ball 91@ 92 



Benguela 78@ 79 



Madagascar, pinky 



Accra, flake 28® 29 



East Indian. 



Assam 



Pontianak 6-)4@ • ■ 



Borneo 



Ne'O} York. 



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

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

 New York) advises as follows: "During March the money 

 market has continued quite stringent, with very little demand 

 for paper, the best rubber names ruling at 514 per cent. @ 6 per 

 cent., principally the latter, and those not so well known 6% per 

 cent. @ Syi per cent., with some as high as 7 per cent." 



New York Prices for February (New Rubber). 



1913. 



Upriver, fine $.96@1.03 



Upriver, coarse 72@ .78 



Islands, fine 92@ .97 



Islands, coarse 47@ .51 



Cameta 48@ .51 



Rubber Scrap Prices. 



L.\TE New York Quotations. — Prices paid by consumers for 

 carload lots, per poimd — are practically unchanged. 



March 28, '13. 



Old rubber boots and shoes — domestic 105^@10^ 



Old rubber boots and shoes — foreign 9}^^@ 9§^^ 



Pneumatic bicycle tires 6^@ 6f^ 



Automobile tires 10^2@10^ 



Solid rubber wagon and carriage tires 9J4@ ^yi 



White trimmed rubber 11 ©IVA 



Heavy black rubber 4?4@ 5 



Air brake hose 6 @ 6^ 



Garden hose l%@ VA 



Fire and large hose 2 @ 2% 



Matting 5^@ J^ 



25 @ 26 25 



85 @ 86 

 8 @ 8^ 



83 



