March 



1902.] 



THE INDIA RUBBER WORLD 



199 



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

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

 as follows : 



" During February there has been a fair demand for paper, 

 though principally from out ol town banks, and the average 

 ruling rates for the month have been 4J2@5 per cent, for the 

 best rubber names, and 5>i@6 percent, for the smaller concerns 

 not so well known." 



Less Rubber At Neiv Orleans. 



India-rubber imports at New Orleans during 1901 amounted 

 to 469,865 pounds, worth $264,162, against 572,873 pounds in 

 1900, worth $357,070. 



Anfnverp. 



To THE Editor of The India Rubber World : During 

 February two rubber auctions were held at Antwerp, the first 

 on the 7th instant, when 58 tons were exposed and 45 tons sold. 

 Good qualities, especially black Kassals, were firm, but secon- 

 dary qualities were neglected and sold i to 2 per cent, below 

 estimations. The other sale was held on the 14th instant, when 

 about 256 tons, all Congo sorts, were exposed, of which 198 

 tons were sold. Kassais were again firm, but other sorts 

 especially inferior qualities were weak, and about 5 per cent, 

 lower. The principal lots sold as follows (prices in francs per 

 kilogram) : 



Valuation. Price Obtained. 



8 tons Lopori 1 7.80 7.20 



42 " Upper Congo 7. 6.62j^@6.8o 



17 " Lake Leopold 4.60 4.80 



30 " Uele strips 6.25 S-^lH 



10 " Aruwimi 6.25 5.75 



14 " Congo-Katanga 5.25 S-3TA 



Importations since [anuary i — 613 tons Congo sorts ; 22 tons 

 other sorts. Sales since January i, about 660 tons. Actual 

 stocks, about 400 tons. c. schmid & co. 



Antwerp, Belgium, February 14, 1902. 



ANTWERP RUBBER STATISTICS FOR JANUARY. 



ARRIVALS AT ANTWERP. 



January 24. — By the A/deriviUe, from the Congo: 



Bunge & Co (Societe Anversolse) ki/os 5 ,300 



Bunge & Co.. (Domaine prive Etat du Congo) 211.000 



Bunge & Co (Plantations Lacourt) 4,080 



Bunge & Co (Comite Special Katanga) 4,822 



Societe A B I R 11 ,600 



M. S. Cols. , (Centrale Africaine) 10,000 



M. S. Cols (Societe Ikelemba) i.ooo 



M. S. Cols (Cie. Plantation de Societe Lubefu) 13,000 



Societe Equatoriale Congolaise. . 2.000 



Comptoir Commercial Congolais 3,000 



Ch. Dethier (Societe Belgika) 20,000 



Ch. Dethier (Societe la Loanje) 12.000 



Societe Coloniale Anversoise (Societe La Djuma) 6.000 



Societe Coloniale Anversoise (Beige du Haut Congo) 13,040 



Trafic Congolais 2.900 



L. & W. Van de Velde (Comptoirs Congolais Velde). 3,300 



Credit Commercial Congolais (La Lulonga) 400 323.442 



Arrivals, January 3 35 5, 000 



Total arrivals, January 658.442 



February 17. — By the PhilippevilU, from the Congo: 



Bunge & Co (Societe Anversoise) kilos 40,200 



Bunge & Co (Domaine prive Etat du Congo) 292.500 



Bunge iS: Co (Plantations Lacourt) 5,000 



Bunge & Co (Comite Special Katanga) 5,060 



Bunge & Co ... .(Societe Isangi) 12.000 



Society ABIR 11 ,000 



Ch. Lethier (Soci6;iJ la Loanje) 2,000 



Ch. Lethier (M'poko Gratry) 250 



Ch. Lethier (Societe Belgika) 4,000 



Societe Coloniale Anversoise (Societe La Djuma) 500 



Societe Coloniale Anversoise 16,737 



Societe Coloniale Anversoise 3,272 



Societe Coloniale Anversoise. . . (Societe la Lomami) 22,937 



Societe Coloniale Anversoise 5, 000 



Comptoir des Produits Coloniaux. . . .(Kadei Sangha) 6,000 



L. & W. Van de Velde. (Comptoirs Congolaise Velde) 6,000 



M. S. Cols (Produits Vegetaux du Kassai) 8,000 



M. S. Cols (Cie. Plantation Societe Lubefu) 13,000 453,456 



Airivals for January 658,442 



Congo arrivals since January I i, 011,898 



Para. 



Kanthack & Co. report [February 6]: "Although move- 

 ments were somewhat irregular, an improvement in prices was 

 slowly but gradually taking place until within the last few days, 

 when fresh unfavorable news from the consuming markets 

 caused a sudden relapse. The demand having, however, re- 

 mained normal, the actual decline has not been serious so far, 

 and has done little harm to the sellers, as the receding ex- 

 change has been favorable towards maintaining currency 

 prices. 



" It is understood here that the Manaos government has an- 

 nulled the decree by which the Upriver rubber was retained 

 for that market, in which case a good proportion will find its 

 way to Para, as in former years." 



The office and warehouse of Frank da Costa & Co., at Pard, 

 were destroyed by fire on January 14. involving the loss of 28 

 tons of rubber. The firm's loss, exclusive of insurance, is re- 

 ported at ;^i 2,000. Two firemen were killed and several in- 

 jured. 



The state of Pari has negotiated in London a loan 01^1,450,- 

 000, represented by an issue of 5 per cent, gold bonds, to be 

 redeemed within 50 years, and secured by a special lien upon 

 export duties and upon the other revenues of the state. The 

 price of the issue was 88 per cent. It is understood that the 

 public subscribed for 9 per cent, of the issue, leaving 91 per 

 cent, in the hands of the underwriting bankers. 



Liverpool. 



Marius & Levy report [February 14]: 



Receipts have been so far 38 10 tons in excess of the last crop, but this 

 excess will be wiped out during February and March, as from informa- 

 tion which reached us three days ago, the revised estimate for these two 

 months combined is 4300 to 4500 tons against 8200 tons last year, show- 

 ing a decrease of 3700 tons, which practically annihilates the excess so 

 often prophesied by some operators who gave out that fine Para would 

 go to 3 shillings per pound, owing to the expected large receipts. In 

 some districts, like the Javary river, Jurua, and Puri'is, the crop is prac- 

 tically over, and Upriver keeps 2il. and id. per pound higher in Manaos 

 and Para than the parity here. 



The selling of the stock of the American concern which is in trouble, 

 has had an effect on the market which, however, will be of a very short 

 duration, as we hear that though two or three bankers are willing to 

 liquidate their warrants, the others insist on waiting for higher prices. 



One thing must be borne in mind, which is, that Mediums have not 

 suffered in proportion to Fine, which shows that it is only owing to 

 manipulation that the great fall in prices of the pure grades has occurred. 

 It is reported that the arrivals of African and Congo sorts will be much 

 smaller in the near future. Thus everything points to an almost 

 immediate advance in all qualities. We maintain more than ever that 



