456 



THE INDIA RUBBER WORLD 



[May 1, 1914. 



Review of the Crude Rubber Market. 



As will Ix- ri-calU'(l. the iironiiiKiU tValurc of tlio rubliir mar 

 ket during recent months has been the gradual eciuali/.ation 

 of the London rates for tine hard Para and plantation. On 

 March 24 the prices were respectively 3s. Od. (72.98 cents) 

 and 2s. sY^d. (60.31 cents). Owing to a gradual advance in the 

 latter, without any notable change in the former, the positions on 

 April 17 were equal at is. QYid. (73.99 cents). From April 17 

 to April 25 (the time of writing), the course of the market 

 has been as follows : 



April 

 April 

 April 

 April 

 April 



17.... 

 18.... 

 20.... 

 21.... 

 22.... 



Fine Para. 

 3s. Oyid. (73.99 cents) 

 3s. OlAd. (73.99 cents) 

 3s. d. (72.98 cents) 

 3.f. d. (72.98 cents) 



2r. 11-Krf. (72.47 cents) 



April 23 2j. 11 J4(i. (72.47 cents) 



April 24 2s. llj^rf. (72.47 cents) 



April 25 2.?. Il54rf. (72.47 cents) 



Plantation. 

 3s. Oy^d. (73.99 cents) 

 2s.ny4d. (72.47 cents) 

 2s. 11 d. (70.95 cents) 

 2s.WV4d. (70.44 cents) 

 2s. »:)id. (()6.39 cents) 

 2s. 7Y2d. (63.85 cents) 

 2s. 7'Ad. (63.35 cents) 

 2s. ey^d. (62.33 cents) 



On March 24 the London plantation auction of 1,279 tons 

 showed a good demand, with an advance of Irf. to XYzd. (2 to 3 

 cents) per pound. At the sale of April 7, the 1,075 tons offered 

 also met with a good inquiry, especially for standard crepe, with 

 an advance of 2d. (4 cents) per pound. Cable advices report 

 that the 1,350 tons plantation offered April 21 sold at advanced 

 prices, as compared with the previous sale. 



London statistics of Eastern plantation rubber show follow- 

 ing results: 



1913. 1914. 



Stocks February 28 tons 2,964 4,220 



Arrivals March 2,443 3,580 



Stocks March 31 2,793 3.710 



Arrivals Jan. 1 to March 31 7,759 10,980 



Deliveries Jan. 1 to March 31 6,982 10,460 



Deliveries thus seem to be keeping closer to arrivals than was 

 the case last year, while also being numerically larger than in 

 1913. 



The Antwerp sales of March 25 included 273 tons Congo sorts, 

 of which 240 tons were placed ; as well as 253 tons plantation, 

 which realized 3 per cent, over the valuation. Crepes were in 

 good demand, particularly light colored standard descriptions. 

 For April 28 a sale was announced of 330 tons, of which 115 

 tons were plantation. An impression prevails that the available 

 stock of rubber is not sufficient to cover the wants of consumers. 



At Amsterdam on April 1, 93J^ tons were oflfered, including 

 86 tons Hevea, which commanded high prices in harmony with 

 those current in other markets. The next inscription sale was 

 announced for April 30. 



The favorable conditions reported from London were reflected 

 in the Rotterdam sale of April 8, which included about 40 tons 

 Hevea, 10 tons Fkxu and 10 tons Congo, etc. Owing to the brisk 

 demand, prices were satisfactory to holders. The next sale is 

 announced for May 8. 



From Hamburg the market in the early days of April was 

 reported quiet but firm, similar features having marked the pre- 

 ceding month. 



New York Quotations. 

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

 one month ago, and April 28, the current date: 



Para. 



May 1, '13. Apr. 1, T4. Apr. 28, '14. 



Islands, hue, new 



Islands, tine, old 



Upriver, fine, new 



Upriver, fine, old 



Islands, coarse, new 39(Sj40 



Islands, coarse, old 



L'priver, coarse, new 55@56 



L'priver, coarse, old 



Canieta 42@43 



Caucho (Peruvian) ball.... 57(a'58 

 Caucho (Peruvian) sheet 



Plantation Ceylon. 



Fine smoked sheet 81@82 



Fine pale crepe 80@ 



I-"ine sheets and biscuits.... 80@ 



Centrals. 



Esmeralda, sausage 56@ 



Guayaquil, strip 



Nicaragua, scrap 55@ 



Panama 



Mexican plantat'n sheet 



Mexican, scrap 55(«,56 



Me-xican, slab 



Mangabeira, sheet 



Guayule 



Balata, sheet 



Balata, block 



African. 



Lopori. ball, prime 



Lopori. strip, prime 



.-\ruwimi 65@ 



Upper Congo, ball red 75@ 



Ikelemba 



Sierra Leone, 1st quality 



Massai. red 74@ 



Soudan Nig,gers 



Cameroon, ball 60(S 



Benguela 



Madagascar, pinky 



.\ccra, flake 



3iyz@36 

 45 @46 



42 (a43 



50 @51 



53 @54 



49 (®54 



49 (§54 



34 @ 



31 @ 



21 @22 



35@36 

 45fa46 



64 @65 68(g69- 



63 @64 67(g69- 



62 @63 62@67 



43 @44 45@46- 



40 (g41 40(®41 



43(g44- 



53@54- 



49@52- 

 35@36 



22@23- 



Neiv 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 April the demand 

 for paper has continued good, city and out-of-town banks 

 buying freely, and rates have ruled at 4^ to 4-}4 per cent, for 

 the best rubber names, and 5 to SYz per cent, for those not 

 so well known — some of the latter as high as 6 to 6Y2 per cent., 

 principally Western paper. 



