46 



THE INDIA RUBBER WORLD 



[October !, 1911. 



Review of the Crude Rubber Market. 



ACTIVITY of demand and the reduced supplies available on 

 account of the strikes, tended to harden London prices 

 during the last days of August, while the fluctuations in 

 the first week of September caused a slight reaction from $1.16 

 on August 29 to $1.13 on September 9. From that point an 

 improvement set in until the equivalent of $1.20 was reached 

 on September 16. From this point there had been up to Septem- 

 ber 26 a falling ofT to the equivalent of $1.15; a slightly lower 

 figure having meanwhile been reached. 



The confidence expressed in some quarters as to the pros- 

 pective course of the London market, has been due in great 

 measure to the anticipation of renewed buying on account of 

 manufacturers' stocks being low, their purchasing operations 

 having of late been on a limited scale. 



At the London plantation rubber auctions of September S and 

 7, there was good competition, but prices of better grades, in 

 harmony with the movement of the market, showed a decline 

 of 2 to 4 cents on the rates of the previous sale of August 24. 



While the New York market has been quiet, it has been noted 

 with relative satisfaction that the falling ofif recorded, barely 

 represents one-third of the average upward improvement re- 

 corded since June last. 



During the closing week of August, a large business in rubber 

 was transacted in the Hamburg market, on the basis of existing 

 quotations. The principal demand was for Para descriptions, 

 which to some extent fell ofif in the succeeding weeks. Special 

 interest was manifested in fine Congo descriptions, and the best 

 medium red grades. About the middle of the month a more 

 active tone again prevailed. 



In Antwerp, business has been on a relatively limited scale, 

 on the basis of price established by the August sales. Futures 

 slightly fell off and then improved, but subsequently became 

 quieter. 



According to the statistics for August, the stock of rubber in 

 Antwerp was at the end of that month 522 tons, as compared 

 with 537 tons a year previously. Sales in August had been 339 

 tons, against 407 tons in the corresponding month last year. 



New York Quot.\tions. 

 Following are the quotations at New York for Para grades, 

 one year ago, one month ago, and August 31— the current date. 



Para. Oct. 1, '10. Sept. 1. '11. Sept. 29, '11. 



Islands, fine, new 155@1S6 108@109 I07@108 



Islands, fine, old none here 1 10fa)l 1 1 109(5)1 10 



Upriver, fine, new 165@166 117@118 113@114 



Upnver, fine, old 169@170 119@120 115@116 



Islands, coarse, new 90@ 91 62@ 63 61@ 62 



Islands, coarse, old none here none here none here 



Upriver, coarse, new 122@123 97@ 98 96@ 97 



Upnver, coarse, old none here 98@ 99 none here 



Cameta 90@ 91 67® 68 66® 67 



Caucho (Peruvian) ball 119@120 96@ 97 98@ 99 



Caucho (Peruvian) sheet none here none here none here 



Plantation Para. 



Fine smoked sheet 1S9@160 138(3)139 U5@n6 



Fine pale crepe 14S(ffil46 136(S)137 133(gl34 



Fine sheets and biscuits 142(gl43 130(@131 128@129 



Centrals. 



Esmeralda, sausage 103{gl04 86(g 87 87® 88 



Guayaquil, strip none here none here none here 



Nicaragua, scrap 100@101 84(g 85 86@ 87 



Panama ', none here none here none here 



Mexican, scrap 100(gl01 83@ 84 86(g) 87 



Mexican, slab 66@ 67 none here none here 



Mangabeira, sheet 80(5} 81 none here none here 



Guayule 74@ 75 45@ 46 46(@... 



Balata, sheet @... 84@ 85 83(g 84 



Balata, block @... 63@ 64 S&@ 59 



African. 



Lopori, ball, prime 130@131 



Lopori, strip, prime 125(a'126 



Arnwimi 122'gl23 



Upper Congo, ball, red 120(3:121 



Ikelemba none here 



Sierra Leone, 1st quality 14S@146 



Massai, red ' 165'S:jl66 



Soudan Niggers 115(3/116 



Cameroon, ball 73fi! 74 



Benguela 98(3) 99 



Madagascar, pinky none here 



Accra flake none here 



East Indian. 



Assam none here 



Pontianak Sj/<@5j4 



Borneo none here 



110^112 



none here 



102(®1(M 



110ran2 



none here 



92@ 93 



93@ 94 



none here 



70(g 71 



none here 



83@ 84 



30(3) 31 



84@ 85 

 none here 



Late Para cables quote : 



Per Kilo. 



Islands, fine 4$900 



Islands, coarse 2$4(X) 



Exchange 16 9/32d. 



Upriver, fine . . . 

 Upriver, coarse 



lll(a»112 



none here 



101@102 



n0(glll 



none here 



95(@ 96 



96(g 97 



none here 



70@ 71 



70@... 



85(3) 86 



27@ 28 



none here 



6@... 



none here 



Per Kilo. 

 ... 5$300 

 ... 4$000 



Latest Manaos advices : 



Upriver, fine . . 

 Upriver, coarse 



5$900 Exchange 16 9/32d. 



New York Prices for August (New Rubber.) 



1911. 

 1.09@1.17 

 .95 @ .99 



Upriver, fine 



Upriver, coarse 



Islands, fine 1.02@1.09 



Islands, coarse 61 @ .63 



Cameta 66@ .68 



New York. 



1910. 



$1.87(82.20 



1.40@1.48 



1.78@2.10 



.94 @ .98 



.96(311.10 



1909. 



$1.79@1.95 



1.10@1.20 



1.65@1.84 



.62® .75 



.80(3 .92 



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: "As reported a month ago, the 

 demand for commercial paper is still decreasing (not increas- 

 ing as erroneously printed in the September number), and rates 

 are ruling at 5@5l4 per cent, for the best rubber names, and 

 5y2@6 per cent, for those not so well known." 



African Rubbers. 



New York Stocks (in Tons). 



August 1, 1910 250 



September 1 300 



October 1 375 



November 1 100 



December 1 140 



January 1, 1911 115 



February 1 115 



March 1, 1911 Ill 



April 1 98 



May 1 98 



June 1 90 



July 1 90 



August 1 90 



September 1 112 



Rubber Scrap Prices. 



L.-iTE New York Quotations. — prices paid by consumers for 

 carload lots, per pound — are practically unchanged : 



September 1. October 1. 



Old rubber boots and shoes— domestic 9 @ 9)4, 9'/g@ 9% 



Old rubber boots and shoes— foreign. 9 @ 9l4 9 @ 9% 



Pneumatic bicycle tires 4i^(g 4^ 4'/i@ 4J4 



Automobile tires 8Vs® Syi 8^(® 8H 



Solid rubber wagon and carriage tires 9}i@ 954 9^^@ 9j<i 



White trimmed rubber 11 @11^ 11 @,lV/i 



Heavy black rubber 4^@ 5 4ii@ 5 



.\ir brake hose AYz® 4}i 414® 4^ 



Garden hose IH® 1% 154@ IH 



Fire and large hose 2iA@ 2^ 2 @ 2^4 



Matting ^@ 1 j|@ 1 



