444 



THE INDIA RUBBER WORLD 



[Mai- 1, 1913 



Report of the Crude Rubber Market. 



THE most prominent feature of the London market during 

 April has been the steady fall in the price of fine Para from 

 3s. load., at which it stood on March 26, to 3s. 3iid. on 

 April 15 ; the lowest point reached during the month. An im- 

 provement then set in which brought the price on the 21st to 

 3.J. 6d.; since which time it has receded to 3.y. 4'/2d., on the 26th 

 at time of writing: the net reduction for the month being 6j4d. 



Manufacturers seem to be still holding aloof from operations 

 exceeding actual requirements. In many cases the opinion is 

 entertained that supplies can be replenished on a lower basis of 

 values, caution in purchasing being thus the order of the day. 



In harmony with the movement of fine Para, plantation rubber 

 dropped almost continuously during the month ; the prices for 

 first latex giving way from 3s. I0%d. on March 26, to 3s. Z'/id. on 

 April 26. The two standards were quoted : 



Para. Plantation. 



March 26 3s. lO^d. 3s. W^d. 



April 26 3s. AYzd. 3s. Z'Ad. 



Following the Easter holidays came the plantation auction of 

 April 1, when 890 tons were offered. As compared with the 

 previous sale of March 18, a reduction of 6d. per pound was 

 established by the close of the third day's sale. The opinion was 

 expressed that the fall has come very inopportunely and will 

 affect all branches of the trade. 



Statistics of the London auctions up to and including ths 

 first April sale showed up to that point total offerings in 1913 

 of 6,129 tons, as compared with 3,891 tons for the corresponding 

 period of 1912. Average prices realized at the seven series 

 covered by the statistics for 1913 showed a decline during the 

 three months from 4.r. SYzd. to 3s. SYzd. 



Notwithstanding the increase of 2,238 tons in quantity offered. 

 London stocks of plantation rubber on March 31 represented 

 in 1913 2,790 tons, as compared with 1,849 tons a year earlier ; 

 the augmentation in quantity being thus only 941 tons. Another 

 healthy sign is the fact that the London deliveries from January 

 1 to March 31 were this year 6,980 tons, against 4,027 last year 

 during the same period. 



The second April sale on the 15th included 1,013 tons, whicli 

 sold at an average of dd. to 7d. below the rates of the previous 

 sale. As to the future course of the market, it was considered 

 that in view of the large quantities still coming forward, the 

 prospect of any rise in values depends upon a more active demand 

 from the United States. 



The Hamburg market has been very quiet during the month, 

 but prices liave not been much influenced by the London planta- 

 tion auctions. 



.^t the Amsterdam sale of April 11, 82 tons were offered, of 

 which 69 tons sold. The quantity placed on sale included 56 

 tons Hei'ca. 21 tons Ficus and 5 tons of other descriptions. Hevea 

 realized 17 per cent, and Ficus 20 per cent, below valuations. 



A sale was announced for .\pril 23 at Antwerp of 453 tons 

 Congo and other sorts and 77 tons plantation. 



New York Quot.jlTions. 



Following are the quotations at New York for Para grades, 

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



P.\R.\. May 1.'12. Apr. 1.'13. Apr. 29,'13. 



Islands, fine new llO^alll 89 @ 90 80@ 81 



Islands, fine, old 112(^113 



Upriver, fine, new 112@113 92 @ 93 82@ 83 



Upriver. fine, old 115(5)116 



Islands, coarse, new 63@ 64 43 @ 44 39@ 40 



Islands, coarse, old 



Upriver. coarse, new 93@ 94 66 @ 67 55@ 56 



Upriver, coarse, old 



Cameta 67('fl 68 



Caucho (Peruvian) ball 93(S; 94 



Caucho (Peruvian) sheet 



Pl.\ntation Ceylons. 



Fine smoked sheet 126@127 



Fine pale crepe 1256n 126 



Fine sheets and biscuits 119(a;120 



Centrals. 



Esmeralda, sausage 92(S) 93 



Guayaquil, strip 



Nicaragua, scrap 91@ 92 



Panama 



Mexican plantation, sheet 



Mexican, scrap 91@ 92 



Mexican, slab 



Mangabeira, sheet 



Guayule 



Balata, sheet 85@ 86 



Balata, block 



African. 



Lopori, ball, prime 



Lopori, strip, prime "03 



Aruwimi Jj 



Upper Congo, ball red o " -d 



Ikelemba 



Sierra Leone, 1st qu.ility 



Massai. red 



Soudan Niggers 



Cameroon, ball 



Benguela 



Madagascar, pinky 



Accra, flake 



East Indian. 



Assam 



Pontianak 



Borneo 



48 (<\ 49 

 70 fa; 71 



42® 43 

 57(a 58 



-o^ 



64 @ 



80 @ 

 90 @ 



88 @ 



63Y2@ 

 63 @ 



25 @ 



83 @ 

 8 @ 



55(2; 56 



6S(® .. 

 75(@ .. 



74@ .. 

 60(S .. 



Neiu 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: "During April the condition of 

 the money m.arket as regards commercial paper has improved 

 somewhat, there being a better demand, especially the last half 

 of the month, but rates have held high, the best rubber names 

 ruling at ZYz&A per cent., and those not so well known 6(<76j^ 

 per cent." 



New York Prices for March (New Rijbber). 



I'priver, fine . . 

 Upriver, coarse 

 Islands, fine . . . 

 Islands, co.irse 

 Camc-t.T 



Rubber Scrap Prices. 



Late Nevi' York Quotations. — Prices paid by consumers for 

 carload lots, per pound — are practically unchanged. 



April 29, '13. 



Old rubber boots and shoes — domestic ^i.® ^H 



Old rubber boots and shoes — foreign 9Y@ 9^ 



Pneumatic bicycle tires f>Y@ 6^ 



-Automobile tires 10 (glO^ 



Solid rubber wagon and carria.ge tires 9'/i@ 9Y 



White trimmed rubber 11 @11^ 



Heavy black rubber 4^(5) 5 



.\!r brake hose 6 @ 6Y2 



Garden hose l'/^(3 ^Yz 



Fire and large hose 2 @ 2'/i 



Matting H@ Vi 



