98 



THE INDIA RUBBER WORLD 



[November 1, 1911. 



Review of the Crude Rubber Market. 



THE falling off in London prices recorded for the latter 

 part of September (closing figure being about equal to 

 $1.14) was followed in the first week of October by a 

 further drop to about $1.10. The subsequent ten days witnessed 

 fluctuations between $1.08 and $1.04. During the closing week 

 a slightly easier tone has prevailed, the quotation of October 28 

 equalhng $1.03 for up-river fine, spot and for early arrival. 

 Buyers have been apparently waiting for the auctions of October 

 31 before operating to any e.Ntent. 



While at Antwerp and Havre the prices realized at last auc- 

 tions were slightly higher than valuations, the quantities dis- 

 posed of have been smaller than those offered. By a compari- 

 son with the situation a few months ago, it would seem that 

 there is a falling off in the demand from industrial points, which 

 is being reflected in the central markets of Continental distribu- 

 tion. The business done would therefore seem to indicate the 

 fulfillment of special wants, rather a provision for later require- 

 ments. 



New York Quotations. 

 Following are the quotations at New York for Para grades, 

 one year ago, one month ago and October 30 — the current date. 



Para. Nov. 1, 10. Oct. 1, 11. Oct. 30, '11. 



Islands, fine, new 121@122 107@108 97@ 98 



Islands, fine, old none here 109@110 lOOfSlOl 



Upriver, fine, new 140ra'141 113@114 104ra'10S 



Upriver, fine, old 142(ail43 11S@116 106@107 



Islands, coarse, new 73@ 74 61@ 62 57@ 58 



Islands, coarse, old none here none here none here 



Upriver, coarse, new 102@103 96@ 97 90® 91 



Upriver, coarse, old none here none here none here 



Camcta 7S@ 76 66@ 67 S9@ 60 



Caucho (Peruvian) ball 100@101 98@ 99 89@ 90 



Caucho (Peruvian) sheet none here none here none here 



Plantation Para. 



Fine smoked sheet 141(5)142 135@136 114@11S 



Fine pale crepe 140®141 133fnd34 115@116 



Fi ne she ets and biscuits 138@139 128@129 112@113 



Centrals. 



Esmeralda, sausage 91@ 92 87(g 88 82@ 83 



Guavaquil, strip none here none here none here 



Nicaragua, scrap 90@ 91 86@ 87 81@ 82 



Panama none here none here none here 



Mexican, scrap 90@ 91 86@ 87 82@ 83 



Mexican, slab 60@ 61 none here none here 



Mangabeira, sheet 75@ 76 none here 58(S) 63 



Guavule 65(3 66 46fai... 45(@... 



Balata, sheet @W 83(&i 84 8S(n) 86 



Balata. block (@ 56 S8@ 59 53@ 54 



African. 



Lopori ball, prime 124(r?125 lll(n,112 98(S 99 



Lopori strip, prime 118CoU19 none liere none here 



Aruwimi 110(5)111 101@I02 94fS) 95 



Upper Congo ball, red 110@111 110ra}lll 90@ 91 



Ikelemba none here none here none here 



Sierra Leone, 1st quality 119r'-?120 95(a} 96 86@ 87 



Massai, red 119r5)120 96® 97 89(g 90 



Soudan Niggers 108(5)109 none here none here 



Cameroon ball 66(5) 67 70@ 71 65(@ 66 



Bengiiela 88@ 89 70(a)... 65(g 66 



Madagascar, pinkv none here 85(5) 86 76@ 77 



Accra, flake ....'. 46@ 47 27@ 28 28@ 29 



East Indian. 



Assam ......'...■ none here none here none here 



Pontianak Si^(g5^ 6@. . . S^@... 



Borneo none here none here none here 



Late Para cables quote : 



Per Kilo. 



Islands, fine 3$950 



Islands, coarse 2$100 



Exchange 16 9/32d. 



Latest Manaos advices : 



LIpriver, fine 5$350 



Upriver, coarse 4$150 



Exchange 16 9/32rf. 



weekly movement of london prices. 



[In Shillings and Pence Per Pound.] 



September 1 4/8l4 



September 8 4/9 



September 15 5/ 



September 22 4/10!^ 



September 29 4/8 



October 6 4/7 



October 13 4/5 



October 20 A/d'A 



July 7 4/2^ 



July 14 4/5'^ 



July 21 4/7 



July 28 4/8 



August 4 4/7H 



August 11 4/7^ 



August 18 4/7/2 



August 25 4/lOy2 



Liverpool. 



William Wright & Co. Report (October 1) : 



Fine Para. — We have had a fluctuating market during the month, and 

 prices, after touching f,s. fell away to 4s. S'/id. Sellers do not seem very 

 anxious to get on, consequently buyers are waiting. There is a report 

 that the Brazilian government is putting a higher duty on rubber to help 

 the banks, who have financed certain holders in Para; if this is so and the 

 surplus stock be sold, we must look for higher prices in the near future. 

 The American market is steady at J/2f/. to \d. above our price; the shipments 

 from Liverpool to New York are smaller than last month. Closing value: 

 Hard fine. As. 8d.; Soft fine. As. 6d. 



New York. 



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: "During October the demand 

 for commercial paper has been better than usual at this time of 

 the year, with rates ruling at S(@S'/4 per cent, for the best rubber 

 names, and 5y2(S6 per cent, for those not so well known." 



New York Prices for September (New Rubber.) 



1911. 1910. 1909. 



Upriver, fine $1.13@1.20 $1.5S@1.90 $1.90@2.1S 



Upriver, coarse 94@ .99 1.22®1.42 1.12(iM.32 



Islands, fine I.06@1.12 1.50@1.82 1.72@2.02 . 



Islands, coarse 62® .64 .90® .92 .65® .82 



Cameta 66@.68 .90®. 98 .83®. 96 



African Rubbers. 



New York Stocks (In Tons). 



September 1, 1910. 



... 300 



October 1 375 



November 1 100 



December 1 140 



January 1, 1911 115 



Februarv 1 115 



March 1 Ill 



April 1 

 May 1 

 June 1 

 July 1 

 August 1 



1911. 



98 

 90 

 90 

 90 



September 1 112 



October 1 67 



Rubber Scrap Prices. 



Late New York Quotations.- — Prices paid by consumers for 

 carload lots, per pound — are unchanged : 



October 1. November 1. 



Old rublicr boots and shoes — domestic 9V8@ 9% 9^(3 9j4 



{31d rubber boots and shoes — foreign. 9 @ 9% 9 @ 9% 



Pneumatic bicycle tires 4/(g 4J4 4yi@ Wa 



Automobile tires ^.Vz® ^.i/i SVz® 8H 



Solid rubber wagon and carriage tires 9l^@ 9^4 9%® 9J4 



White trimmed rubber 11 (®1154 11 @11^ 



Heavv black rubber 434(5)5 4.>4@ 5 



Air brake hose 4^(g 4j4 4j/$(g 4^ 



Garden hose 1%® Ws, l]4® IH 



Fire and large hose 2 @ 2% 2 @ 2% 



Matting H® 1 '/s@ 1 



