February 1, 1921 



THE INDIA RUBBER WORLD 



383 



Review of the Crude Rubber Market 



NEW YORK 



AT the close ol 1919, the i)laiitalioii rubber market reacted 

 from the lowest level known in rubber history and developed 

 a firmer tone in the early part of the new year. Spot and 

 near-by rubber moved up from 15^ to 19 cents and futures ad- 

 vanced accordingly. The market was further strengthened at 

 this time by the rise of several points 'in sterling exchange, re- 

 sulting in short covering on the part of dealers who were unable 

 to buy in primary markets on account of the exchange situation. 



Due to prevailing conditions the weak element were apparently 

 eliminated from the market with the old line interests in control. 

 Sales were only made when they could be covered at a profit. 

 Mouldy ribbed smoked sheet was offered at bargain prices but 

 ribs from selected estates and free from mould were at a 

 premium. There were few sellers of futures owing to the ex- 

 change difficulties. First latex crepe was firmly hekl at com- 

 paratively high prices but the oflfers were not large. 



The market continued quiet and dull until the end of the month 

 with very little factory business and almost a total absence of 

 selling pressure. Quotations on the standard grades were firmly 

 held at prices that were from IjX to 3J4 cents higher than at the 

 first of the month. 



The influence of the final settlement of the Goodyear com- 

 pany's affairs is strongly felt in the rubber market as the many 

 importers and dealers who are involved are cautious and loth 

 to trade. 



The prices of Para sorts have not responded to the improvement 

 noted in plantations due to unfavorable exchange, and consequently 

 the demand has been small. 



Imports for December, 1920, were 11,020 tons, compared with 

 24,675 tons last year. Total imports for the twelve months of 

 1920 were 221,080 tons, compared with 231,510 tons for 1919. 



The Council of the Rubber Growers' Association is reported 

 to be in favor of the request made by rubber growers in Malaya 

 to the local authorities for legislation to restrict rubber production 

 by SO per cent. 



Spot and future quotations in standard plantations and Brazilian 

 sorts were as follows : 



Plantations. January 3, first latex crepe, 17 cents; January- 

 March, 17K' cents; April-June, 18J/2 cents; July-December, 22 

 cents. 



January 24, first latex crepe, 20 cents; January-March, 21^ to 

 22 cents; April-June, 23 cents; July-December, 26 cents. 



January 3, ribbed smoked sheets, 16 cents ; January-March, 

 16H cents; April-June, Uyi cents; July-December, 21 cents. 



January 24, ribbed smoked sheets, 19J4 cents; January-March, 

 21 cents; April-June, 21 J4 cents; July-December, 25 cents. 



January 3, No. 1, amber crepe, 14 cents. 



January 24, No. I, amber crepe, 17 cents. 



January 3, No. 1, rolled brown crepe, 11J4 cents. 



January 24, No. 1, rolled brown crepe, 13 cents. 



South American Paras and Caucho. January 3, upriver 

 fine, 18 cents; islands fine, 18 cents; upriver coarse, 14 cents; 

 islands coarse, 14 cents; Cameta coarse, 11 cents; caucho ball, 

 14 cents. 



January 24, upriver fine, 18'/2 to 19 cents; islands fine, 17'/2 to 18 

 cents; upriver coarse, 13 to 14 cents; islands coarse, llj^ cents; 

 Cameta coarse, 11 cents; caucho ball, 125^ to 15 cents. 



NEW YORK 



Following are the i\'ew ^'ork spot quotations, for one year ago 

 one month ago. and January 24. the current date: 



PLAUTATION HEVEA— 



First latex crepe 



.\mber crepe No. 1 



;\mber crepe No. 2 



.\niber crepe No. 3 



.\intier crepe No. 4 



Brown crepe, thick and thin 



Brown crepe, specky 



Brown crepe, rolled 



.Smoked sheet, ribbed, std. 

 Smoked sheet, plain, std.. 

 t'nsmoked sheet, standard. 



Colombo scrap No. 1 



Colombo scrap No. 2 



■EAST INDIAN— 



Assam crepe 



Assam onions 



PenanR black scrap 



ro.NTI.\NAK — 



Banjermassin 



Palembane 



Pressed block 



Sarawak 



SOUTH AMERICAN— 



IVVIt-V.-^— 



Upriver, fine 



Upriver, medium 



Upriver, coarse 



Upriver, weak, fine 



Islands, fine 



Islands, medium 



Islands, coarse 



Cameta. coarse 



Madeira, fine 



Acre Bolivian, fine 



Peruvian, fine 



Tapajos, fine 



O.MTIIO - 



Upper caucho ball ... 

 Lower caucho h:tli 



QUOTATIONS 



Feliniarv 



.MANIIOHAS— 1920 



Ceara neero beads .35 @ 



Ceara scrap .32 @ 



Manicoba, 30% guarantee .26 @ 



Mangabeira thin sheet. .. .35 (?) 



CZNTRALS— 



Corinto scrap .33 (3 



Esmeralda sausage 33 @ 



Central scrap .32 @ 



Central scrap and strip.... .30 @ 



Central wet sheet .23 @ 



Guayule, 20% guarantee. .. .27 (S) 



Guayule. washed and dried .37 @ 



AFRICANS— 



Niger flake, prime -18 @ 



Benguela, extra No. 1, 28% .27 @ 



Benguela, No. 2, 32J4%. .. @ 



Conakry niggers .40 @ 



Congo prime, black upper. .39 @ 



Congo, prime, red upper.. .37 @ 



Kassai, black .40 @ . 



red 36 @ 



Massai sheets and strings. . .40 @ . 



Rio Nunez ball (ffi 



Rio Nunez sheets and 



strings .40 @ 



GUTTA PERCHA— 



Cutta Siak 26 m 



Red Macassar 2.90 @ 



BALATA— 



Block, Ciudad Bolivar .... 56 @ 



Colombia .50 @ 



Panama .46 @ 



Surinam sheet .82 @ 



amber .84 @ 



•Nominal. 



lanuary 

 1921 



*.I2 @ 



*.06 (a 



MO (a 



MS @ 



.12 @ 



.12 @ 



.12 @ 



.10 @ 



.08 @ 



'.20 (a 



'.30 (3 



.15 @ 

 @ 



@ 

 .14 @ 

 .08 @ 



.16 



!.30 



(3.17 

 (3 3.00 



.62 ® 



.40 @ 



.30 @.35 



.69 @ 



.75 ® 



'.28 (3 



.15 

 .12 

 .IS 



.14 (3.16 



2.2S@2.60 



.57 (3.58 



.36 (3.37 



.24 (3.30 



.67 (3.68 



.70 (3.71 



RECLAIMED RUBBER 



There has been less and less activity in the market for reclaimed 

 rubber durii'g the past three months and at last the point has 

 been reached where practically all of the reclaimers have either 



