October 1, 1920.] 



THE INDIA RUBBER WORLD 



63 



Review of the Crude Rubber Market 



NEW YORK. 



SEi'TEMBER witnessed the lowest prices on standard plantation 

 rubber ever recorded in the New York market. Spot first 

 latex crepe sold for 24'/2 cents, smoked sheet ribbed 23'/2 

 cents and uprivcr fine 27 cents. Futures likewise made low rec- 

 ords of 30 cents for January-June, first late.x crepe, and 28 cents 

 for ribbed snKiked sheet. 



With practically no demand from the large manufacturers, 

 the only market sustaining features were small factory replace- 

 ments and the limited business of dealers covering short sales. 

 As the month progressed the market became weak, and, lacking 

 the support of the dealers, who had withdrawn, fearing greater 

 losses, values continued to fall. That the bottom of the market 

 has been reached is believed in many quarters, however, until the 

 banks resume credits, the production of rubber goods returns to 

 normal, and buying is again resumed by the manufacturers, 

 uncertainty will cloud the crude rubber situation. 



Arrivals of crude rubber during August were 13,564 tons, com- 

 pared with 11,067 tons a year ago. Total arrivals for eight 

 months ended August 31, 1920 were 181,337 tons, compared 

 with 142,759 for the same period in 1919. It is estimated that 

 26,000 tons are in store in New York at the present time, includ- 

 ing a large amount of mouldy rubber that is being sold at Ziyi 

 to 23 cents, according to quality. 



Spot and future quotations on standard plantation and Brazil- 

 ian sorts at the first and last of the past month were as follows : 



Plantations. September 4, first latex crepe, 29 cents ; Octo- 

 ber-December, 30J/2 cents ; January-June, 3Sj4 cents. 



September 27, first latex crepe, ZSyi to 26 cents ; October- 

 December, 265^ to 27}^ cents ; January-June, 30 to 31 cents. 



September 4, ribbed smoked sheets, 27 cents ; October-Decem- 

 ber, 29H cents ; January-June, 34^ cents. 



September 27, ribbed smoked sheets, 23J4 to 24J^ cents; Oc- 

 tober-December, 25 cents ; January-June, 28 to 30 cents. 



September 4, No. 1 amber crepe, 29 cents. 



September 27, No. 1 amber crepe 21 to 23 cents. 



September 4, No. 1 rolled brown crepe, 25 cents. 



September 27, No. 1 rolled brown crepe, ITyi to 18 cents. 



South American Paras and Caucho. September 4, upriver, 

 fine, 28}/$ cents; islands fine, 28 cents; upriver coarse, 21 cents; 

 islands coarse, 19 cents; Cameta coarse, 17 cents; caucho ball, 

 21 cents. 



September 27, upriver fine, 25 to 26 cents ; islands fine, 25 to 26 

 cents; upriver coarse, ISyi to 17 cents; islands coarse, 15 cents; 

 Cameta coarse. IS to ISyi cents; caucho ball, 14 to 19 cents. 



October 1, 

 1919 

 EAST INBIAN— 



.\ssam crepe @ 



.\ssani onions @ 



Penang black scrap @ 



rONTIANAK— 



Ilanjermassin 12 @ 



Palembang €' 



Pressed block 24 @ 



Sarawak @ 



SOUTH AMERICAN— 

 r.M<.\S— 



Uprivcr fine 54J^@ 



Upriver medium 52 @ 



Upriver coarse 33 @ 



Uprivcr weak, fine 41 @ 



Islands, fine 47J^@ 



Islands, medium 45 @ 



Islands, coarse 22 @ 



Cameta, coarse 22J^@ 



Madeira, fine 56 @ 



Acre Bolivian, fine 55 @.55>4 



Peruvian, fine 52 @ 



Tapajos, fine 53 @ 



CAUCHO— 



Upper caucho ball 33 @ 



Lower caucho ball 31 H@ 



MANIC0HAS— 



Ceara negro heads 38 @ 



Ceara scrap 28 @ 



Manicoba. 30% guarantee .35 @ 



Mangabeira thin sheet. . ,38 @ 



CENTHALS— 



Corinto scrap 33 (3 



Esmeralda sausage 32 @ 



Central scrap 32 @ 



Central scrap and strip... .29 @.30 



Central wet sheet.- 23 @ 



Guayule, 20% guarantee.. .24 (ft) 



Guayule, washed and dried .35 @ 



AFRICANS— 



Niger flake, prime @ 



Benguela, extra No. 1, 28% & 

 Benguela, No. 2, 32;^%.. .25J^@ 



Conakry niggers @ 



Congo prime, black upper. .39 @ 



Congo, prime, red upper.. @ 



Kasai black @ 



red @ 



Massai sheets and strings. © 



Rio Nunez ball @ 



Rio Nunez sbeetsandstrings @ 



GUTTA PERCHA— 



Gutta Siak 25 @ 



Red Macassar @ 



BALATA— 



Block. Ciudad Bolivar 76 @ 



Colombia 56 (3i 



Panama 45 @ 



Surinam sheet @ 



amber @ 



"Nominal. 



September 1, 



1920 



September 27, 

 1920 



.20H@.22J^ 

 2.00 @2.95 



.67 @.68 



.47 @ 



.40 (3 



.75 @ 



.82 @ 



.19 (3.20 

 3.50 @ 



.63 @ 



.48 @ 



.35 @ 



.69 @ 



.84 @ 



NEW YORK QUOTATIONS 



Following are tlie New York spot quotations, for one year 

 ago, one month ago, and September 27, the current date: 



PLANTATION HEVEA— 



First latex crepe $0, 



Amber crepe No. 1 



Amber crepe No. 2 



Amber crepe No. 3 



Amber crepe No. 4 



Brown crepe, thick and thin 



Brown crepe, specky 



Brown crepe, rolled 



Smoked sheet, ribbed, 

 standard quality 



Smoked sheet, plain stand- 

 ard quality 



Unsmoked sheet, standard 

 quality 



Colombo scrap No. 1 



Colombo scrap No. 2 



RECLAIMED RUBBER 



Business in reclaimed rubber during September was of lesser 

 volume than that for August. Owing to conditions in the auto- 

 mobile manufacturing industry resulting in a marked lessening 

 of demand for tires and topping material the manufacturers of 

 these goods have very generally asked reclaimers for deferred 

 shipments on their contracts from two to four months. Practi- 

 cally no new business is being placed. Thus, reclaiming plants 

 are operating at only fractional capacity. The long continued 

 record low prices of crude rubber grades has affected the prices 

 of reclaims generally, although it is stated as a matter of trade 

 opinion that crude is not displacing reclaims in those goods for 

 which the latter is specially suited. 



The demand for red reclaim has entirely disappeared from the 

 market. 



