104 



THE INDIA RUBBER WORLD 



[November 1, 1913. 



Report of the Crude Rubber Market. 



WITHIN the last month, fine Para in the London market 

 has commenced to follow the downward movement 

 which has been the prominent feature of plantation 

 grades during the greater part of the year, wliile the fall in the 

 latter still continues. 



Continuing to the present date the table of thi.s year's com- 

 parative London prices of Para and plantation rubber the fol- 

 lowing results are obtained : 



Upriver Fine 

 1913. I 



April 26 3s. 



May 26 3s. 



June 25 3s. 



July 26 3s. 



August 27 3s. 



September 25 3s. 



September 27 3s. 



October 4 3s. 



October 11 3s. 



October 18 3.f. 



October 27 3^-. 



Starting at the end of April on the basis 

 on August 27 reached 3s. 9yd. ; receding to 3^. 2yd. by the end 

 of October. 



Plantation first latex, which stood in April at 3s. 2yd., has 

 since persistently dropped, reaching on October 27 the price of 

 2s. 2d. These two standards have thus within the last six 

 months fallen respectively about 8 per cent, and 30 per cent. 

 These fi.gures illustrate the extent to which plantation owners 

 have been meeting the views of buyers. 



It was found impossible to repeat some purchases of planta- 

 tion rubber in the London market on the basis of about 50c.. 

 which had been accepted for quantities of a certain importance 

 early in the month. 



When the market for plantation rubber gets to SOc. for first 

 latex pale crepe, important consuming interests are prepared 

 for new operations. 



Manufacturers have only been purchasing for their immediate 

 requirements, tho an impression has prevailed in some quar- 

 ters that the market has now reached its lowest point. 



A favorable symptom of the London market is that the Sep- 

 tember deliveries of plantation rubber (2,755 tons) nearly absorb 

 the arrivals during that period of 2.910 tons; comparing very 

 favorably with the figure of September, 1912, which amounted 

 to 1,112 tons. 



At the London auction of October 7, about 850 tons of planta- 

 tion rubber were offered, of which some 400 tons were sold at 

 an advance of about %d. per pound on the previous sale. 



The sale of October 23 included about 1.200 tons plantation 

 rubVti, which sold well, and advanced ^rf. on most grades. 



A plan has been introduced with the object of raising the 

 price of plantation rubber by a committee representing the in- 

 dustry, fixing each week the minimum prices at which the rub- 

 ber of the combined companies will be offered during the week. 

 The opinion has, however, been expressed that plantation rubber 

 is produced on too large a scale to permit of any manipulation 

 of supplies. 



Of the 575 tons offered at Antwerp, September 23, only aboitt 

 40 per cent was sold. The average fall v^as from 5 to 10 per cent. 

 On October 22, 42 tons of Congo and 120 tons of Plantation were 

 offered for sale. 



The Rotterdam rubber sale of October 27, included about 35 

 tons Hevca and 11 tons Ficiis. Competition was good, so that 



the bulk of the quantity was readily disposed of. Prices were in 

 proportion to London quotations. 



At the Amsterdam sale of October 16, the holders had decided 

 to meet the market and as the result about three-quarters of the 

 quantity offered was sold. 



Following are the quotations 

 month ago, and October 30 — the 

 Para. 



Islands, fine, new 



Islands, fine, old 



Upriver, fine, new 



Upriver, fine, eld 



Islands, coarse, new 



Islands, coarse, old 



Upriver, coarse, new 



Upriver, coarse, old 



Cameta 



Caucho (Peruvian) ball 



Caucho (Peruvian) sheet... 



Plant.i.tion Ceylons. 



Fine smoked sheet 



Fine pale crepe 



Fine sheets and biscuits.... 



Centrals. 



Emeralda, sausage 



Guayaquil, strip 



Nicaragua, scrap 



Panama 



Mexican plantation, sheet... 



Mexican, scrap 



IMexican. slab 



Mangabeira. sheet 



Guayule 



Balata, sheet 



Balata, block 



New York Quotations. 



at New York one year ago, one 

 current date : 



Nov. 1,'12 Oct. 1, '13. Oct. 30, '13. 

 99(al00 71@72 66@67 



105@106 



80@82 73@74 



85@86 76@80 



54@ 55 29@30 28@29 



S3'a 84 



SSft 56 

 82(S! 83 



48(549 



36@37 

 48@49 



46(247 



36@37 

 43@44 



76@ 77 

 57®' 58 



40@42 37@3& 



African. 



Lopori, ball, prime 



Lopori. strip, prime-. 



Aruwimi 



Upper Congo, ball red... 



Ikelemba 



Sierra Leone. 1st quality. 



Massai, red 



Soudan Niggers 



Cameroon, ball 



Benguela 



Madagascar, pinky 



Accra, flake 



96@ 97 

 '87@'88 



9Sfa 96 



25@ 26 



East Indi.vn. 



Assam 



Pontianak 6^@.. 



Borneo 



66@67 



45@46 



50(S.. 



40@42 

 4S(g46 



45@46 

 35@4() 



6@6}4 



63@64 



44@45 



47(048 



37@3& 

 45(246 



45(a)46 



33@40 

 26@22 



6@6Ji 



Ne'w 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 October the conditions 

 regarding commercial paper in the rubber line have been about 

 the same as in September, the demand continuing rather light 

 and at full rates, 5f^(«6 per cent, for the best rubber names and 

 6y((f6y per cent, for those not so well known." 



New York Prices for September (New Rl-bber). 



1913. 1912. 1911. 



Upriver, fine $0.80(ffi0.90 $1.10(5-1.22 $1.13(31.20 



Upriver, coarse 48@ .52 .8"@ .95 .94(8 .9» 



Islands, fine 71@.77 1.07(31.13 1.06@1.12 



Islands, coarse 28@ .31 .55(3 .59 .62® .64 



Tsmeta 36@ .39 .61(3 .67 .66(3 .68 



