548 



THE INDIA RUBBER WORLD 



[July 1. 1913. 



Report of the Crude Rubber Market. 



THE most prominent feature of the London market for 

 fine Para during May has been the practical maintenance 

 of the improved vaUies which succeeded the low record 

 of 3.f. 3}id. on April 15. By April 26, the price had recovered 

 to 3s. 4yid., standing on May 24 at 3s. 9d. This price, with 

 slight fluctuations, has ruled throughout June, the figure on June 

 25 being 3s. Sy^d. 



While buyers have been cautious in their operations, sellers 

 have not been trying to force business ; with the result that there 

 has hardly been any change in values during the month. 



In plantation rubber, the course of the market has, on the 

 other hand, presented a different aspect, as may be seen from 

 the subjoined London quotations. 



Para. Plantation. 



April 26 3^. 4'/.rf. 3s. IVzd. 



May 24 3s. 9 d. 3s. 3 d. 



May 31 3s. %V2d. 3s. 2%d. 



June 6 3s. 9lid. 3s. V^d. 



June 13 3s. 9 d. 3s. 



June 20 3s. 8j4d. 2s. UHd. 



Tune 25 3s. 8}id. 2s. U d. 



Thus, while Para has held its own, plantation rubber has lost 

 about 3 pence per pound within the last month. 



During the six months ending with June, about 11,000 tons of 

 plantation rubber passed through the London auctions, as com- 

 pared with about 7,000 tons for the first six months of 1912. 

 The average price realized at the January auctions this year 

 was about 4s. 4rf., as compared with about 2.?. llcf. at the June 

 sales ; the effect of the larger offerings being thus demonstrated. 

 The auction of June 3 contained about 1,000 tons, and was 

 marked by a fair degree of activity on the part of buyers. Prices, 

 however, gave way from l^^rf. to 2;/;(/. At the sale of June 17, 

 900 tons were offered, quotations varying but slightly from those 

 of previous sale. 



Attention has licen drawn to the prospective effect on the 

 rubber market of the growing demand for solid truck tires. 



The attitude of buyers has to a great extent been one of ex- 

 pectancy, there having been a marked disinclination to exceed 

 actual requirements in their operations. 



Particulars by mail of the Antwerp sale, held on May 21, show 

 the following results : 



Offered. Sold. 



Congo descriptions Tons 573 133 



Various descriptions 30 2 



Plantation descriptions 212 201 



Congo descriptions sold at an average decline of about 6 per 

 cent. ; plantation rubber having about realized the valuations. A 

 sale was announced for June 25 of 461 tons Congo and 125 tons 

 of plantation. 



The Amsterdam sale of June 11 included 58 tons Hcvea, which 

 realized 7 per cent, below valuations ; and 20 tons Finis, which 

 sold at 9 per cent, below estimates. 



At Rotterdam on June 6, 18^2 tons Hevca and 3 tons Ficus 

 were sold at the equivalent of ruling London pricej. 



New York Quotations. 

 Following arc the quotations at New York for Para grades, 

 one year ago, one month ago, June 28 — the current dates : 



Para. July 1, '12. June 1, '13. June 28, '13. 



Islands, fine, new 100@101 84@85 82@83 



Islands, fine, old 



Upriver, fine, new 110@111 89@92 87@88 



Upriver, fine, old 115@116 



Islands, coarse, new 54@ 55 40@41 34@3S 



Islands, coarse, old 



Upriver, coarse, new 84@ 85 58@S9 54@56 



Upriver, coarse, old 



Cameta 63@ 64 42@43 42@43 



Caucho (Peruvian) ball 82@ 83 58@S9 53@S4 



Caucho (Peruvian) sheet 



Plantation Ceylon.s. 



Fine smoked sheet 118^119 83^-?.. 72@73 



Fine pale crepe 117(a;ll8 80@. . 70@72 



Fine sheets and biscuits 113@114 79@80 70(g71 



Centrals. 



Esmeralda, sausage 82@ 83 58@S9 53@S4 



Guayaquil, strip 



Nicaragua, scrap 80@ 81 55@S6 S3@S4 



Panama 



Mexican plantation, sheet. . . . 90(S) 95 



Mexican, scrap 80@ 81 56@57 53@S7 



Mexican, slab 



Mangabeira, sheet 



Guayule 5S@ 56 



Ealata, sheet 8S@ 86 



Balata, block S3f® 54 



African. 



Lopori, ball, prime 



Lopori, strip, prime 



Aruwimi 



LTpper Congo, ball red 



Ikelemba 



Sierra Leone, 1st quality 94@ 95 



Massai. red 95@ 96 ...... 



Soudan Niggers 



Cameroon, ball 6S@ 66 



Benguela 



Madagascar, pinky 85@ 86 



Accra, flake 27@ 28 



East Indian. 



Assam 



Pontianak S%(g} 6 



Borneo 



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 June the demand for 

 commercial paper has been very light, and principally from out- 

 of-town banks, city ones doing but little ; rates have ruled strong 

 at 534(556 per cent, for the best rubber names, and 6J4@6J/ per 

 cent, for those not so well known." 



New York Prices for May (New Rubber). 



1913. 1912. 1911. 



Upriver, fine SI® .92 1.09@1.12 .93@1.28 



Upriver, coarse 54@ .61 .89® .92 .82® .89 



Islands, fine "8@ .83 1.05@1.10 .92@1.22 



Islands, coarse 38@ .42 .58@ .63 .S8@ .67 



Cameta 42@.45 .65@.67 .67®. 76 



