462 



THE INDIA RUBBER WORLD 



March 1, 1921 



Re\ iew of the Crude Rubber Market 



NEW YORK 



DURING THE PAST MONTH the market conditions for crude rub- 

 ber have been uniformly dull and featureless. Practically no 

 manufacturer's business has appeared in the market, indicat- 

 ing that the factory stocks are ample for the reduced scale on 

 which all are operating. 



The delay incident to announcement of the Goodyear refinancing 

 plans had a deterrent effect on dealers who even yet are awaiting 

 its adoption as a basis for confident future operations. Under 

 such circumstances price changes have been few and unimportant 

 and sales still fewer, mostly limited to very small tonnage. Sales 

 having come practically to a full stop, dealers are quietly awaiting 

 the longed-for industrial revival. Prices have probably reached 

 their lowest levels for spot but futures will no doubt decline, as 

 they are out of proportion to spot figures at the present time. 



Some trading has been reported from London during the month, 

 with covering of shorts and slight advances of the market there. 

 London reports January 22. 1921, indicated 54.902 tons on hand. 

 Large shipments are arriving in New York and it is claimed that 

 stock in storage here, aside from that in factories, totals 250.000 

 tons, estimated as sufficient to cover American needs for all of 

 1921. 



Imports during January, 1921, were 14.177 tons of all grades, 

 compared with 21,351 tons for the corresponding month of last 

 year. Arrivals of plantation rubber for January, 1921, were 12,- 

 782 at Atlantic ports and 37 tons at Pacific ports, making a total 

 of 12,819 tons. 



Spot and future quotations on standard plantations and Brazilian 

 sorts were as follows ; 



Plantations. February 5, first latex crepe, 19}^ to 20 cents: 

 February-March, 20 cents; April- June, 22>< to 23 cents; July- 

 December, 26'X to 27 cents. 



I'ebruary 23, first late.x crepe, 20 to 20'/< cents; February- 

 March, 20^ cents; April-June, 22 to 23 cents; July-December, 

 25H to 26^ cents. 



February 5, ribbed smoked sheets, 17^ to 18 cents; February- 

 March, 18 cents; April-June, 20J/2 to 21 cents; July-December, 

 25 cents. 



February 23, ribbed smoked sheets, 18j4 to 19 cents ; February- 

 March, 20 cents; April-June, IV/z cents; July-December, 24^ 

 cents. 



February 5, Xo. 1, amber crepe, 16j^ cents. 



February 23, No. 1, amber crepe, XdYz cents. 



February 5, No. 1, rolled brown crepe, 12^ cents. 



February 23, No. 1, rolled brown crepe, 12J^ to 13 cents. 



South American Paras and Caucho. February 5, upriver 

 fine, 17J4 cents; islands fine, 17 cents; upriver coarse, 13^ cents; 

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

 12 to 14 cents. 



February 23, upriver fine, 17j4 to 18 cents; islands fine, 17^ to 

 18 cents; upriver coarse, MYi to 13}4 cents; islands coarse, 11 

 cents; Cameta coarse, W/z to 12 cents; caucho ball, IZYz to IS 

 cents. 



NEW YORK QUOTATIONS 



Following are the New York spot quotations, for one year ago, 



one month ago, and February 23, the current date : 



March 1. February 1. Fcliruary 2i. 



PLANTATION HEVEA— 1920 19J1 19J1 



First latex crC-pe $0.47 la $0.20 @ $0.20 (3.20!/^ 



Amber crciw No. 1 .46 @ .17 (<« A6'4C(iA6'/i 



Ambi-r crepe No. 2 45 @ .16 @ .1514 (B. 15!,; 



.•Vmber crcpc -No. 3 .4.1 @ .15 @ .lA'/\(n>.l4'/i 



Amber crepe No. 4 43 @ .13 (a A^'A^.l^ 



Brown crepe, thick and thin .44 @ .15 @ .13 @.I3^ 



Urown crepe, specky .41 @ .13 @ .11 @.12 



Brown crepe, rolled .40 O .13 @ .12'/5(ai.l3 



Smoked sheet, ribbed, std. .46 @ .19M@ .18H@.19 



March 1, February 1. February 23, 



1920 1921 1921 



PLANTATION HEVEA 



Smoked sheet, plain, .std.. .41 0) .ISl/j® .\T/i® 



Lnsmoked sheet, standard. @ .175/5@ M'A® 



tolcmbo scrap No. I @ .15 @ .12 @ 



Colombu scrap No. 2 @ .14 @ .10 @ 



EAST INDIAN— 



Assam crCpc @ (S ^ 



.•\ssam onions ^ <^ @ 



Penani: black scrap @ '.OS @ @ 



PONTIANAK— 



Banjermassin 13 @ .07 (^M .07 (ra.08 



Palembanij a .09 J^ ffl @ 



Pressed block 27 @ .12 ®.13 MH&.WA 



.Sar.iwak @ .07 @ .06'^® 



SOUTH AMEEICAN— 

 PARA.S— 



Upriver, fine 42 @ .18;.^ (B..19^ .17'A&.18 



Upriver, medium g. .15 @.16 .15 @ 



Upriver, coarse 31 ^^@ .13 @.14 .12!^ «i).13'/S 



Upriver, weak, fine (ffi '.\4 (ffl .12 @.13 



Isands, fine 42 (ffi '.UKfi.lS .17!4(a!.18 



Islands, medium tft .13 (S 1 5 (Si 



Islands, coarse 20 (S .11 (SM'A .11 (B) 



Cameta. corse .21 0t, .11 isi.uy. .1I"4(».12 



Madeira fine @ .21 ei',.22 AS'A(S,.20 



Acre Bolivian, fine (ffi .19 (a,.22 .18 (w.lS'A 



Peruvian, fine (B .17 ^.171^, .16 (a.17. 



lapajos, fine @ .17 @.l7i/5 .16'/<(».17 



caucho— 



Upper caucho hall @ .14 ia.15 .i4<A& IS 



Lower caucho ball 32 @ .12'4@ .I2>4@.13 



MANICOBAS— 



Cear.i ne.?ro heads 36 & ♦.12 (a * 13 O 



Ceara scrap 30 @ *.07 (ffi '.10 (rf 



Manicoba. 30"!? guarantee .32 iS .10 @ ' i^y-m 



Margebeira thin sheet... .30 @ .09 <g ».'i5 "@ 



CENTRALS— 



C^oiinto scrap 29 @ .11 (3.12 .12 ® 



Lsmernlda sausage .29 @ .11 ^ P 1 ' (S 



Central scrap 30 @ .11 «'l2 1^ (S- 



Central scrap and strip... .27 @ .09 (ffi.lO 10 (S 11 



Central wet sheet 24 (Si .04 (ffi.05 .06 (a>'.07 



Cuayiile, 20% guarantee.. .27 @ *.20 (# (a 



Guayule, washed and dried .38 (ffi ♦.28 @ *.26 @ 



AFHICANE— 



.Nicer Hake, prime \7'/i@ .17(8 •17(a 



Bengueia, e.xtra No. 1, 28% @ (a ' ffli 



Benguela, No. 2. 32/:%.. @ @ 07 @ 



Conakry nicgers 36 (^ (S) @ 



Congo, prime, black upper. .38 @ .15 (?> * 15 (S 



Congo, prime, red upper. . .35 @ .12 (3 * 12 @ 



Kassai, black .39 (S) .15 @ •'15 @ 



red ........... . @ @ ■ g, 



.Massai sheets and strings. @ <flf @ 



Rio Nunez ball ® ^ ^ 



Rio Nunez sheets, strings. .37 @ @ @ 



GUTTA PERCHA— 



Gutta Siak 31 <a .14 (a. 16 17 (ffi 



Red Macassar 2.65 (S 2.25 @2.60 2.10 @3.00 



BALATA— 



Block. Ciiidad Bolivar.... .52 .57 (ffi.58 .60 @.61 



Colombia 46 (9 .36 @.37 .45 fa"46 



Panama 40 @ .24 (n. .30 .45 #!46 



Surinam sheet .75 (B 67 (S.68 69 ® 70 



amber 78 @ .70 W.7I .84 (a, 



"Nominal. 



RECLAIMED RUBBER 



In the .■\kron district tlie outlook for resumption of tire manu- 

 facturing is lirightening with the approach of spring, by which 

 time the best mformed authorities in the tire trade predict an 

 actual shortage of automobile tires and consequent resumption of 



manufacturing on something like full time. Among the Eastern 



rubber plants in lines other than tires, the prospects are less ad- 

 vanced. LIndcr this condition and the continued low prices still 



ruling for plantation Paras the reclaitners with one accord have 

 ceased to function as trade factors and their plants are closed 

 till business again is active in all rubber manufacturing lines. 



