December i, 1901.] 



THE INDIA RUBBER WORLD 



91 



REVIEW OF THE CRUDE RUBBER MARKET. 



PARA sorts, after having declined from the figures quoted 

 one month ago, until within the past ten days, have 

 shown an upward tendency, until the level of November 

 I has about been reached again. The market for some 

 days has been very firm, in spite of continued liberal arrivalsat 

 the mouth of the Amazon, owing to the pressure to buy. Prices 

 are stiffening at Para, where quotations have been higher, rela- 

 tively, than in the consuming markets. Thus far the receipts 

 at Para, for the crop year, exceed those of last year for the same 

 months by about 2400 tons. It will be remembered that up to 

 December i, 1900, the receipts for the season were behind 

 those of the preceding year, though there was an improvement 

 later, resulting in slightly larger receipts than were ever known 

 before. This year there are not wanting predictions that, m 

 spite of the heavy early arrivals, the total for the year will be 

 smaller than last year, on account of a declineyet to be exper- 

 ienced. This, however, remains to be seen. It is true that, 

 for months past, a reduced output from the Upriver districts 

 has been predicted, and so far the principal arrivals at Paia 

 have been from the lower districts. It will be a month or 

 so yet before it can be determined what the Upriver produc- 

 tion may be. The arrivals of all sorts in the United States 

 have been much larger since January i than during the corre- 

 sponding period last year. This increase has been ofTset by 

 the lessened total of net rubber imports in the United Kingdom 

 and Germany. The English rubber industry has long since 

 ceased to expand, and the industry in Germany has not been 

 growing of late at the notable rate which was exhibited during 

 three or four years past. Meanwhile tiie combined production 

 of rubber other than Paia sorts — while some African districts 

 show a decline— continues for the present to grow, and if the 

 Pard output should not decline before the end of this crop 

 season, it would seem that there will be rubber in plenty for all 

 who want it. 



New York quotations on November 29 were : 



PARA. AFRICAN. 



Islands, fine, new 7q @3o Tongues 45 ©46 



Islands, fine, old 81 @82 Sierra Leone, istquality63 (Ji64 



Upriver, fine, new 84 (§85 Benguella 49 @50 



Upriver, fine, old 87 (388 Cameroon ball 45 ©46 



Islands, coarse, new. . .47 ©48 Flake and lumps 32 ©34 



Islands, coarse, old. . . @ Accra flake 17 @i8 



Upriver, coarse, new. .64 (365 Accra buttons 48 ©49 



Upriver, coarse, old. . .67 @68 Accra si rips 54 ©55 



Caucho(Peruvian)sheet 50 ©51 Lagos buttons 46 (S %y 



Caucho (Peruvian) ball 56 ©57 Lagos strips 52 ©53 



CENTRALS. Madagascar, pinky 63 (§64 



Esmeralda, sausage... 54 ©55 Madagascar, black (3 



Guayaquil, strip 50 (§51 EAST INDIAN. 



Nicaragua, scrap .. . .54 ©55 Assam 58 ©59 



Mangabeira, sheet 40 ©41 Borneo 36 ©46 



Late Para cables quote : 



Per Kilo. 



Islands, fine 4$850 Upriver, fine 



Islands, coarse 18950 Upriver, coarse 



Manaos advices, same date : 



Upriver, fine 5$ooo Upriver, coarse. .. 



Exchange ll||rf. 



NEW YORK RUBBER PRICES FOR OCTOBER (NEW RUBBER.) 



'901. 1900. iSqg. 



Upriver, fine 84 ©90 93 ©100 103 ©105 



Upriver, coarse 63>^@66 69 ©74 81 ©84 



Islands, fine 78 ©85 92 ©100 97 tSgq 



Islands, coarse 46>^@48 52 ©57 6i>^@64 



Cameta, coaise 48 ©49 56 ©58 63 ©65 



Per Kilo 



6|ooo 



. 41000 



, 3$6oo 



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

 in India-rubber, No. 58 William street, New York), advises us 

 as follows : 



" During November the market for commercial paper has 

 continued just about the same as in October; city banks do- 

 ing but little, and the demand being fair from out of town ones 

 at S@S'A percent, for the best rubber names and iyi@.(> per 

 cent for the smaller or less known concerns." 



Statistics of Para Rubber {Excluding Caucho) . 



NEW YORK. 



Fine and Total Total Total 



Medium. Coarse, iqoi. 1900. 1899. 



Stocks, September 30. .tons 449 37 = 486 450 337 



Arrivals, October 777 455 = 1232 1195 1126 



Aggregating 2824 2490 



Deliveries, October. . . 2449 2075 



2951 

 2414 



1655 

 775 



1380 

 450 



1120 



625 



Stocks. Oct. 31. . . 375 415 



537 



880 



9"° 495 



World's supply, October 31 



Para receipts, July I to October 30 



Para receipts of Caucho, same dates 



Afloat from Para to United States, Oct. 31. 

 Afloat from Para to Europe, October 31.... 



Para. 



Kanthack & Co. report [Ncvemberi4] : "With the con- 

 tinuance of good demand almost all arrivals were readily dis- 

 posed of, but not without sellers being compelled to make some 

 concessions, in consequence of a fresh decline at the consum- 

 ing markets. Supplies consist of about 940 tons Islands and 

 Pard kinds, and 140 tons Upriver rubber, including a little 

 Caucho. The crop is coming in rapidly, but the receipts cannot 

 be expected to increase in the same proportion during the com- 

 ing months, and it is likely the present excess of 1990 tons over 

 last year's receipts will receive a check before long. The price 

 difference between fine and coarse rubber has been reduced to 

 2$5oo on Islands and i$8oo on Upriver kinds, the allowance 

 between fine and medium remaining at 800 reis on all descrip- 

 tions. The present quotations are : 



Para fine 69 cents against 82^-4^ cents. "1 Same time last 



Paia coarse 34^^ " " 33 J/ " | year, per pound 



Upriver fine 81 " " 91 " If. o. b., not in- 



" 52j{ " I eluding shrinkage, 

 " 42 " I freight, and insur- 

 " Si% " J ance. 

 " Receipts in October amounted to 2640 tons, against 2360 

 tons corresponding time in 1900, raising the total for the pre- 

 sent crop season, since July I, to 7135 tons against 5780 tons 

 last year, and 5.890 tons in 1899. At the present date the fig- 

 ures are 8580 tons against 6590 tons in 1900 and 7080 tons in 

 1899. Exports have been : 



During July 125 tons to America ; 935 to Europe. 



During August 562 tons to America ; 745 to Europe. 



During September S55 tons to America ; 1038 to Europe. 



During October 1 165 ons to America ; 1345 to Europe. 



So far in November 11 23tons to America ; 573 toEurope. 



Upriver coarse .... 55 



Caucho slats 42 



Caucho balls 52 



