332 



THE INDIA RUBBER WORLD 



[June i, 1910. 



Review of the Crude Rubber Market. 



FROM the beginning of the month just closed the indication 

 has been general of a decline in the rubber market. The 

 cause of the beginning of the decline was enshrouded in 

 doubt, which the developments of the month have failed to dis- 

 pel. It only remains to be reported that prices today are lower 

 than a month ago for every grade that remains in the market to 

 be traded in. The decline in prices is recorded in the com- 

 parative table which forms part of this report. 



Holders of rubber, naturally, have exerted themselves to the 

 utmost to prevent a break in price damaging to their interest; 

 consumers, naturally, have abstained as far as possible from con- 

 tracting for rubber. Meanwhile it is impossible to say how long 

 buying can be refrained from, or how much rubber will be avail- 

 able in the hands of sellers in the last analysis. 



Two events late in the month which had an important bearing 

 upon the international rubber market were the fortnightly London 

 auction on May 23 and the monthly inscription at Antwerp on 

 the 26th. Both sales marked a decline, with the effect of em- 

 phasizing the weakness already evident in the trade on both sides 

 if the Atlantic. 



At the London sale, earlier in the month, much of the plan- 

 tation rubber on offer was withdrawn at the first indication of a 

 break in prices. A few days later the same rubber found a 

 ready sale at reduced prices. On May 23 the offerings on the 

 whole were not in active demand, though fine crepe fetched as 

 high as 10^. 5J4J. [=$2.55]— yd. lower than a fortnight before. 



Of about 330 tons offered at Antwerp less than 100 tons found 

 buyers, at a decline of 2.50 francs per kilogram [=22 cents per 

 pound] for the better grades. 



Arrivals at Para (including caucho) during May were on a 

 smaller scale than usual, although the total for the crop year 

 ending June 30 will be somewhat larger than ever before re- 

 corded. The inference is the unusually high prices prevailing 

 for sometime past have hastened exports from the Amazon as 

 suggested in an editorial in The India Rubber World last 

 month (page 261). It would be unnatural to suppose that any 

 rubber would be withheld from market, that could possibly be 

 put within the reach of buyers, under such market conditions as 

 prevailed for some months. The following figures may be of 

 interest for comparison, showing the Para arrivals from July I 

 to the end of -May in four crop years (the figures representing 

 tons) : 



1906-07. 1907-08. 1908-09. 1909-10. 



July-December 14,720 14,240 15.735 16,710 



January 3.780 4,860 5,480 5,490 



February 5,060 5.340 5,040 4,760 



March 5,830 4.240 4,140 5,210 



April 4.400 3,100 3,760 3,600 



Maj 2,625 3,210 2,340 01,990 



Total, 11 months 36,505 34.990 36,495 37.7<5o 



June 1,500 1,660 1,570 



Total, crop year .... 38,005 36,650 38,065 



\a To and including May 29, 1910.] 



\t the end of the first six months of the current crop year the 

 increase over last year was only 1,000 tons. The above figures 

 for the subsequent months of the crop year, with June figures 

 yel to come, do not indicate a greater gain for the whole year 

 over previous records. 



London auction prices for plantation rubber, May 10 [re- 

 ported by Lewis & Peat] : 



Sheci and < 



' -t 11 v t 1 '5 



t ie/3@ 10/10 



ll biscuits 10/3® 10/10 



Crepe: 



Very pale 



Medium End palish 



Park and brown 0/313? 9/10 



I T nwashed St rap 



Mediu.il' In line $,'4» S76 



Dark ami low 0/6@ 7/9 



Current quotation for hard fine Para, 10s. $d. [=$2.54]. 



New York Quotatio 



Following are quotations at New York for Para grades, 

 one year ago, one month ago, and May 31 — the current date: 



Para, June 1/09. 



Islands, fine, new 131 '" [32 



Islands, fine, old 13201 133 



Upriver, fine, new 134'' > ' 



Upriver, fine, old 13501 13(1 



Islands, coarse, new.... 66] \(q 67 



Islands, coarse, old 7001 71 



LTpriver, coarse, new... 98(0. 99 



Upriver, coarse, old.... none here 



Cameta 77" 7 ,v 



Caucho, ball 87(0 88 



Caucho, slab 7601 77 



Ceylon, fine sheet 135(3 13(1 



Afrii w. 



Lopori, ball, prime io8(f?i09 



Lopori, strip, prime .... none here 



Aruwimi 96'" 07 



Upper Congo, ball, red. 100'/ lot 



Ikelemba none here 



Sierra Leone, 1st quality goijfioo 



Massai, red po@ioo 



Soudan niggers $9® 90 



Cameroon, ball 68/; 6g 



Benguela 61'" 62 



Madagascar, pinky 92(3; 93 



Accra Hake -'-■ 



Centrals. 



Esmeralda, sausage .... 85(0 



Guayaquil, strip 73® 



Nicaragua, scrap 8iotj 



Panama 67(5 



Mexican, scrap 82(0) 



Mexican, slab 6l@ 



Mangabeira, sheet 55@ 



Guayule 34@ 



East Indian. 



Assam 95@ 



Pontianak 1 : [<Q 



Borneo 35(5 



Late Para cables quote : 



Per Kilo. 



Islands, fine io$ioo 



Islands, coarse 3$6oo 



86 



74 

 S2 

 68 



83 

 62 

 56 

 35 



May 1, '10. 



275''"' -77 

 none here 



281(3)282 



none here 

 i09@no 



none here 

 182(0)185 



none here 



I26@I27 



i8o@i82 



none here 



285(3)288 



none here 

 none here 



none hen 

 19001 1 i] 



none hen. 

 1880/ 100 

 l88(S [90 



none here 

 128(«/ 130 



none hen 

 1251/1 [26 

 40(5 -|j 



17001 172 



130(8 135 



167(5 [68 



none here 



170(3 17- 



iione here 



none here 



II0(Vi no 



96 none here 



45 none In 11 



Upriver, fine . . . 

 Upriver, coarse 

 Exchange 



May 31. 



225@226 



none here 



240(0:241 



242(0 243 



95@ 96 



none here 

 i6o@i6i 



none here 

 109(0 no 

 155"' 156 



none here 

 221X17230 



none here 

 none here 



to me here 

 I90@i9i 



ni me here 

 i65@i68 

 1 65® 1 68 



m me here 

 iioiS. 1 1 1 



none here 



none here 



none here 



I33@i34 



1 06® 1 07 

 128(5 129 



none here 



I28@I29 



none here 



m me here 



95(3100 



none here 



&y 2 @ 9 



none here 



Per Kilo. 



1 2$350 



. . . 7$6oo 



. . . . i6rf. 



Rubber Scrap Prices. 



Late New York quotations — prices paid by consumers for 



carload lots, per pound — s] 10 w a slight decline since last 

 month, as follows: 



May I. June I. 



Old rubber boots and shoes — domestic. io-V" 1 1 I0^4@I0% 



Old rubber boots and slue-, —foreign .. io%,@ioJ^ ioJ/jjiKio'A 



Pneumatic bicycle tires 7 @ 7% 7\i@ 7 3 A 



Automobile tires 7 7 /&© 8 loy 2 (8>lO]4 



Solid rubber wagon and carriage tires. 9J4@ OH io%(a o> 



White trimmed rubber 10 @ll 10 (djll 



Heavy black rubber 6V*@ 6]A 6'/ 2 @ 6Y4 



Air brake hose sH@ S l A 6 @ 6 l A 



Garden hose 2%@ 3 2%(3> 3 



Fire and large hose jH@ i l A ?>Vi^. ??A 



Matting 1 V" : i?s l 3 A@ 1(4 



