160 



THE INDIA RUBBER WORLD 



[December 1, 1913. 



Report of the Crude Rubber Market. 



HAVING rcaclied on October 11 the price ui 3j.\ oJ. in the 

 London market, fine Para had dropped by October 27 to 

 3s. ll'id. An alternation of slight gains and loses brought 

 it by November 17 to 3s. 4d., close to the price of October 11. 

 After keeping for a few days at about this level, a reduction to 

 3s. 2d. had taken place by the 22d. the time of writing. Thus 

 the month ends for Para rubber in London about where it began. 

 Plantation, which started the month at about 2s. 2d., stood at 

 2s. 3d. on November 8, from which point it gradually rose to 

 2s. 6d. on the 19th, standing on the 22d at 2^. 4^d. 



Comparing the movements of the last three months, the fol- 

 lowing results are found : 



Upriver 



1913. Fine Para. Plantation. Difference. 



August 27 3s. 9'Ad. 2s. 8 d. U. V/zd. 



September 27 3s. JVzd. 2s. 3Hd. ^s. 4 d. 



October 4 3.?. 4 d. 2s. VAd. Is. 2}id. 



October 11 3s. 5 d. 2j. l^^rf. \s. 3V^d. 



October 18 3j. 2j4(/. 2s. \ d. \s. VAd. 



October 27 3s. W^d. 2s. 2 d. IVAd. 



November 1 3s. l^^d. 2s. 2lid. W/zd. 



November 8 3.f. 2}4rf. 2s. 3 d. U'/zd. 



November IS 3.y. 3H'/. 2s. AV^d. lV4d. 



November 22 3.f. 2 d. 2s. AV^d. 9Ad. 



The purchasing operations of the month have been both 

 cautious and restricted, buyers evincing a desire to limit their 

 action to urgent requirements. 



Thus the premium in favor of Para, which constitutes the prin- 

 cipal factor of interest in the market, now stands at a lower rate 

 than at any time since the middle of the year, now being at 9j/^(/. 

 against W/zd. on October 27. In fact plantation has gone up 

 2d. without any corresponding rise in Para standard. 



Deliveries of plantation rubber in October were 3,055 tons, 

 against arrivals, 3,355 tons. Last year at same time the figures 

 were respectively, 2.116 and 1,993. The increased purchasing 

 capacity of the market is thus proved. The world's visible sup- 

 ply of Brazilian rubber on October 31 was 5,930 tons, against 

 5,310 tons at the end of September. 



Statistics of the 22 series of plantation rubber auctions which 

 took place this year in London before the end of October, show 

 that 18.484 tons were auctioned during the period, against 14,500 

 during the corresponding months of 1912. Two auctions were 

 held in November. The first one, on the 4th, included 960 tons, 

 as compared with 1.200 tons a fortnight earlier. 



Havre reports state that the sale of October 29 resulted in 

 the disposal of 33 tons out of 53 tons offered, prices showing a 

 slight decline. For the sale of November 26, 95 tons were 

 inscribed. 



At the Rotterdam sale of November 7, 33J^ tons were offered, 

 including 23 tons Hevea and 10 tons Ficus. The competition 

 was animated and higher prices were established. 



The sale at Amsterdam on November 13 led to the disposal 

 of 98 tons out of the 105 tons offered, which realized for Hevea 

 8yi per cent, and for Ficus 15 per cent, above valuation. The 

 former constituted SO per cent, of the quantity. 



Out of 415 tons offered in Antwerp on October 22, 343 tons 

 were sold. Congos, which had been neglected, are again re- 

 ceiving the attention of buyers, 149 tons having been sold out 

 of 201 cataloged. Of the plantation rubber offered, 194 tons 

 were sold at an advance equaling Ad. per pound. Antwerp 

 stock at the end of October was about 425 tons, against 556 tons 

 at same time last year. 



New York Qi-ot.\tions. 

 Following are the quotations at New York one year ago, one 

 month ago, and November 29 — the current date : 



Para. Dec. 1, '12. Nov. 1, '13. Nov. 29, '13. 



Islands, fine, new 95@ 96 66@67 66 @67 



Islands, fine, old 



Upriver, fine, new 106@107 73@74 76 (fi:77 



Upriver, fine, old 113@114 76@80 



Islands, coarse, new 54@ 55 28@29 29A@30 



Islands, coarse, old 



Upriver, coarse, new 82@ 83 46@47 48 @49 



Upriver, coarse, old . , 



Cameta 55@ 56 36@37 37^4@38 



Caucho (Peruvian) ball 81@ 82 43@44 46 @47 



Caiicho ( Peruvian) sheet 



Pla.\t.\tio.\ Cevloxs. 



Fine smoked sheet Ill(fill2 59@60 65 @66 



Fine pale crepe 106^107 53@54 58 @59 



Fine sheets and biscuits 105(al06 Sl@52 56 @57 



Centrals. 



Esmeralda, sausage 78(a 79 40@41 40 @41 



Guayaquil, strip 



Nicaragua, scrap 77(ri' 78 37@39 37 (7139 



Panama 



Mexican plantation, sheet 



Mexican, scrap 76@ 77 37@38 37 «38 



ilexican. slab 



Mangabeira, sheet 



Guayule 58@ 59 



Balata, sheet 82® 83 63@64 63 Crt64 



Balata, block 54@ 55 44@45 44 rri45 



African. 



Lopori, ball, prime 98@ 99 47@48 47 (fV48 



Lopori, strip, prime 



Aruwimi 87@ 88 37@38 37 @38 



Upper Congo, ball red 97@ 98 45@46 45 (n46 



Ikelemba 95@ 96 



Sierra Leone. 1st quality.... 98@100 45@46 45 @46 



Massai, red 



Soudan Niggers 



Cameroon, ball 73(^ 74 33@40 33 @40 



Benguela 



Madagascar, pinky 2SiS 26 



Accra, flake 20@22 20 (ff22 



East Indian. 



Assam 



Pontianak 63i4@ 7 6@6Ji 6 @6!4 



Borneo 



Neiv York. 



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

 crude rubber and commercial paper, 68 William street. New 

 York,) advises as follows : "During November, the general mar- 

 ket conditions regarding commercial paper in the rubber line have 

 practically been unchanged from October, the demand being only 

 moderate at full rates, the best rubber names being 5j4 to 6 per 

 cent., and those not so well known 6A to 6A per cent. 



New York Prices for October (New Rltbber). 



1913. 1912. 1911. 



Upriver, fine $0.73@0.83 $1.04@1.11 $1.00@1.12 



Upriver, coarse 47@ .49 .SI® .86 .90@ .96 



Islands, fine 67@.72 .99@1.06 .96@1.07 



Islands, coarse 28@ .29 .53@ .56 .56@ .63 



Cameta 36@.3S .56@ .61 .60®. 66 



