September 1, 1911.] 



THE INDIA RUBBER WORLD 



513 



Review of the Crude Rubber Market. 



I\ harmony with the Xew York prices and in marked contrast 

 with the situation a year ago (when the European auctions 

 heralded a further step in the decline) the July sales at Havre 

 and Antwerp showed an advance of 8@14 per cent. Accord- 

 ing to cable advices the August auctions displayed a further 

 rise of S@8 per cent. These advances at typical points, make 

 an average upward improvement of about 15 per cent, since 

 June last. 



In connection with this advance is a reduction of the stock 

 in Antwerp, which, on July 31 last, was 465,734 kilos., as com- 

 pared with 733.977 kilos, on June 30; standing' at a lower 

 figure than at the end of July in any recent year. This move- 

 ment in the month of July indicates larger purchases for con- 

 sumption. July sales represented 571,294 kilos., as compared 

 with June sales 267,025 kilos. England for July showed an 

 excess of 900 tons in deliveries over importations and a cor- 

 responding reduction in stock on July 31, as compared with 

 June 30. 



According to the news brought tiy a member of the trade who has 

 lately come back from London, dealers in that market expected 

 that the relative smallness of stocks would bring up-river Para 

 to the equivalent of $1.20 or higher; particularly when the new 

 crop begins to come forward towards the close of the year. 

 Germany is expected to prove a large consumer, as soon as 

 stocks of various qualities become more abundant. American 

 stocks in jobbers' hands are likewise reported to be sinall. In 

 harmony with London developments, the New York quotation 

 for up-river fine on August 29 was $1.16. 



New York Quotations. 



Following are the quotations at New York for Para grades, 

 one year ago, one month ago, August 31 — the current date : 



Par.v Sept. 1, '10. Aug. 1, '11. Aug. 31, '11. 



Islands, fine, new 179@180 104@10S 108@109 



Islands, fine, old none here @107 110@111 



Upriver, fine, new 196@197 114@115 117@118 



Uprivcr. fine, old 198@199 118@119 119@120 



Islands, coarse, new 94@ 95 61@ 62 62@ 63 



Islands, coarse, old none here none here none here 



Upriver, coarse, new 142@143 95@ 96 97@ 98 



Upriver, coarse, old none here none here 98@ 99 



Cameta 95@ 96 67@ 68 67@ 68 



Caucho (Peruvian) ball 135@136 96@ 97 96@ 97 



Caucho (Peruvian) sheet. .. .none here none here none here 



Plantation' Para. 



Fine smoked sheet 190@191 133@134 138@139 



Fine pale crepe 174@175 132@133 136fiT137 



Fine sheets and biscuits 172@173 131@132 130(«131 



Centrals. 



Esmeralda, sausage 118@119 84@ 85 86@ 87 



Guayaquil, strip none here none here none here 



Nicaragua, scrap 116(a}117 84(g 85 84@ 85 



Panama none here none here none here 



Mexican, scrap 11S@116 83@ 84 83@ 84 



Mexican, slab none here none here none here 



Mangabeira, sheet none here none here none here 



Guayule 12(^11 43@ 44 45@ 46 



Balata, sheet @... 84@ 85 84(g 85 



Balata, block @... 63@ 65 63@ 64 



African. 



Lopori, ball, prime 162@163 



Lopori, strip, prime 170@... 



Aruwimi 160(g. . . 



Upper Congo, ball red 158@159 



Ikelemba none here 



Sierra Leone, 1st quality 155(3)156 



Alassai, red 155@156 



Soudan Niggers none here 



Cameroon, ball 95@ 96 



Bengiiela none here 



Madagascar, pinl<y none here 



Accra flake none here 



East Indian. 



Assam none here 



Pontianak 6]4@6''/2 



Borneo none here 



Late Para cables quote : 



Per Kilo. 



Islands, fine 4$700 



Islands, coarse 2$400 



Exchange 16 3/16rf. 



Latest Manaos advices : 



Upriver, fine 6$200 



Upriver, coarse 4$300 



New York Prices for July (New Rubber) 



Uprivcr. 

 LTprivcr, coarse 



Exchange 16 3/16d. 



1911. 



Upriver, fine $.99@1.17 



Upriver, coarse 82® .96 



Islands, fine 92@1.10 



Islands, coarse 58® .63 



Cameta 70® .75 



1910. 



$2.16@2.40 



1.48® 1.55 



2.08®2.25 



.98® 1.03 



1.10®1.23 



1909. 



$1.50@1.95 



1.05@1.20 



1.41®1.48 



.70® .75 



.80® .92 



New 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: The situation in commercial 

 paper is not much changed from a month ago, when we re- 

 ported a good demand for the best rubber names at 4 ® 4^4 per 

 cent., and those not so well known 5® 5^ per cent.; except 

 that the demand is increasing somewhat, as usual at this time 

 of the year, and A'/i @ 5 per cent, are now the lowest rates for 

 the best rubber names, and S'/i @ 5^ per cent, for others. 



African Rubbers. 



New York Stocks (In Tons). 



July 1, 1910 120 



August 1 250 



September 1 300 



October 1 375 



November 1 100 



December 1 140 



February 1, 1911 115 



March 1 Ill 



April 1 98 



May 1 98 



June 1 90 



July 1 90 



January 1, 1911 115 August 1 90 



Para. 



R. O. Ahlers & Co. report [August 1] : 



The market rcm,iined stationary in accordance with news from con- 

 suming centers, buyers showing more interest at present, and sellers 

 conserving a firm attitude. 



R. O. .^hi.ers & Co. report [August 11] : 



The market remained quiet but steady, showing no features of interest. 



