January i, 1902.] 



THE INDIA RUBBER ^A'ORLD 



127 



REVIEW OF THE CRUDE RUBBER MARKET. 



DURING the month prices have been well maintained at 

 the level of our last published quotations. Buying 

 has been active, considering the nearness to the period 

 of stocktaking, owing to manufacturers' requirements 

 forthe large volume of business in hand. Though there were 

 large arrivals from Para at New York during December, little 

 rubber went into store, being sold for the most part in advance. 

 Advices from the initial markets continue to point to a firmer 

 tendency, and like conditions are reported in the I^uropean 

 markets. The year just closed was the banner year for rubber 

 imports into the United States. The custom house figures 

 show larger arrivals than in 1899— which year had held the 

 record until now — and up to November 31 the imports, of al' 

 grades, had exceeded the figures for 1900 by 5.786,256 pounds. 

 The greater part of this increase was in Para sorts, which fact 

 should have tended toward higher price levels, but for a corre- 

 sponding decline in consumption abroad. Doubtless the rub- 

 ber industry of Great Britain has been unfavorably affected by 

 conditions growing out of the war in Africa, and Germany is 

 experiencing a general business depression, due evidently to 

 such undue expansion of business on a credit basis as has been 

 known at times in the United States. The world's production 

 of rubber has been maintained, and at the moment a wider 

 range of rubber sources is apparent than at any previous date. 

 The decline in the market for shares in some of the African 

 trading companies, however, would seem to indicate a fear that 

 their large returns cannot continue indefinitely, though any ex- 

 haustion in that direction is too remote toafifect prices today. 

 By the way, large purchases on American account continue to be 

 made at Antwerp, and the steamer Haverford, arrived at 

 New York on December 26, carried 250 tons of Congo sorts 

 from the Antwerp auctions of December 10. As for the 

 Para supply, there still exists a difference of opinion as to 

 the probable outcome of the present season as a whole. A 

 Liverpool firm, already quoted in these pages as predicting a 

 heavy falling ofT in the Amazon output, and sales at i,s. 6d. 

 [=$1.09] per pound before the end of 1901, wrote on Decem- 

 ber 14 : " No doubt we anticipated matters somewhat, but now 

 we are very near the realization of our predictions. We are 

 not afraid to say that the decrease for January, February, and 

 March will at the very least be 2000 tons." But meanwhile 

 rubber continues to come forward, and the greater part of the 

 trade appears not to be borrowing trouble from the future 

 Para receipts for the latter half of each year have been as fol. 

 lows, except that the record for 1901 is brought down only to 

 December 27 : 



1S98. 



1900. 

 10.736 



Tons 11,230 11,085 



New York quotations on December 30 were higher : 



PARA. 



Islands, fine, new So @Si 



Islands, fine, old 82 (§83 



Upriver, fine, new. . . .85 @86 



Upriver, fine, old 88 @8g 



Islands, coarse, new. . .50 @5I 



Islands, coarse, old... @ 



Upriver, coarse, new. .66 (&b^ 



Upriver, coarse, old.. .68 @6q 



Caucho(Peruvian)sheet 50 @5i 



Caucho (Peruvian) ball 56 (857 



CENTRALS. 



Esmeralda, sausage.. .55 ©56 



Guayaquil, strip 51 



Nicaragua, scrap .. . .55 

 Mangabeira, sheet. . . .42 

 AFRICAN. 



Tongues 45 



Sierra Leone, istquality64 



Benguella 48 



Cameroon ball 46 



Fiake and lumps 31 



Accra flake 17 



Accra buttons 48 



Accra s rips 54 



Lagos buttons 46 



1901. 

 13.190 



@52 



@56 



@43 



©46 

 ((165 

 @49 

 @47 

 @33 

 @I8 

 @49 



e»55 



(?»7 



Lagos strips 52 @53 



Madagascar, pinky 63 (fib^ 



Madagascar, black .... (9 



Late Para cables quote : 



Per Kilo. 



Islands, fine 5$ooo 



Islands, coarse 2$5oo 



Manaos advices, same date : 

 Upriver, fine 5$500 



EAST INDIAN. 



Assam 59 @6o 



Borneo 36 @46 



Per Kilo 



Upriver, fine 5!j!700 



Upriver, coarse 3$900 



Upriver, coarse 3S500 



Exchange 12^^ d. 

 NEW YORK RUBBER PRICES FOR NOVEMBER (NEW RUBBER.) 

 1901. 



Upriver, fine 84 ©87 



Upriver, coarse 63}^@66 



Islands, fine 76J^@8o 



Islands, coarse 46/i@50 



Cameta, coarse. 48 @5i 



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

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

 as follows : 



" During December the demand for paper has been light, as 

 usually at this time of the year a good many banks withdraw 

 from the market, and in consequence of this, and of a firmer 

 money market in general, rates have been strong at 5@6 per 

 cent, for good rubber names, and the smaller ones have been 

 rather neglected." 



Statistics of Para Rubber {Excluding Caucho) . 



NEW YORK. 



Fine and Total Total Total 



Medium. Coarse. 1901. igoo. 1899. 



Stocks, October 31... tons 309 36 = 345 579 230 



Arrivals, November 1020 385 = 1405 874 1390 



Aggregating 1329 421 = 1750 



Deliveries, November 821 394 = 1215 



Stocks, November 30. . 508 27 



535 



1453 



874 



579 



1620 

 1314 



306 



1901. 

 Stocks, October 31.... 375 

 Arrivals, November... 2645 



PAR A. 



1903. 1899. 



415 537 

 2172 



2600 



ENGLAND. 



1901. 1900. 1899 



880 930 495 



1055 745 865 



Aggregating 3020 2587 



Deliveries, November. 2610 1977 



3137 

 2777 



1935 

 1050 



1675 

 725 



1360 

 925 



Stocks, Nov. 30. . 410 610 360 



885 



950 435 



I90I. 



World's supply, November 30 3080 



Para receipts, July i to November 30 93^7 I 



Para receipts of Caucho, same dates 763! 



Afloat from Para to United States, Nov. 30. 325 



Afloat from Para to Europe, November 30... 925 



Hamburg. 



To THE Editor of The India Rubber World : The mar- 

 ket during the past week opened firm for Parci sorts with an 

 advancing tendency, due to brisk inquiries. At the end of the 

 week, however, it came to a standstill. For fine Bolivianspot, 

 8 marks were paid readily, while fine hard cure, for delivery, 

 brought 8.10 marks. A more moderate condition ruled for 

 Bolivian negroheads and Maniios scrappy, which sold at 6@6. 10 

 marks. Fine Mollendo, spot and to arrive, went out of the 

 market at 7.6o@6.65 marks. Fine old Mollendo brought 7.80 

 Oij.S^ marks. The middle sorts found brisk inquiries, and 

 large transactions were made in Africans, especially Mozam- 

 biques, Kameruns, and Massais. Sales were made at the fol- 

 lowing prices, in marks per kilogram ; 



