150 



THE INDIA RUBBER WORLD 



[December 1, 1911. 



Review of the Crude Rubber Market. 



THE London sales of October 31, whicli had been expected to 

 govern the operations of buyers, resulted in about one-third 

 of the offerings being sold, the closing prices showing an 

 advance over those ruling earlier in the day. Continued absten- 

 tion on the part of large continental manufacturers, owing to the 

 weather not having been favorable to the reduction of stocks, 

 was considered as accounting for the relatively small proportion 

 sold. Ceylon qualities seem to have been relatively in best 

 demand. 



During the succeeding week, holders refusing to grant con- 

 cessions, the established basis of $1.02 was maintained. An ad- 

 vance to $1.05 was then obtained, followed by a drop to $1.02 by 

 the middle of the month. 



This slight fall was counteracted by a return by 28th to $1.04. 

 A better and more confident feeling characterized the London 

 market during the closing days of November. Both buyers and 

 sellers seem to have been agreed on the policy of maintaining 

 values. 



New York Quot.mions. 



Following are the quotations at New York for Para grades, 

 one year ago, one month ago and November 29 — the current date. 



Par.v Dec. 1, '10. Nov. 1, '11. Nov. 29, '11. 



Islands, fine, new 128@129 97@ 98 93@ 94 



Islands, fine, old none here 100@101 96@ 97 



Upriver, fine, new 1S0@1S2 104@10S 103@104 



Upriver, fine, old 152@153 106@107 107@108 



Islands, coarse, new 12V2@. TiVi 57@ 58 58@ 59 



Islands, coarse, old none here none here none here 



Upriver, coarse, new 108@109 90@ 91 89@ 90 



Upriver, coarse, old none here none here none here 



Cameta 7S@ 76 59@ 60 60@ 61 



Caucho (Peruvian) ball 10S@106 89@ 90 89@ 90 



Caucho (Peruvian) sheet none here none here none here 



Plantation Para. 



Fine Smoked sheet 16S@166 114@11S 117@118 



Fine pale crepe 1S6@1S7 115@116 118@119 



Fine sheets and biscuits 150@1S1 112@113 113@114 



Centrals. 



Esmeralda, sausage 96@ 97 82@ 83 83@ 84 



Guayaquil, strip none here none here none here 



Nicaragua, scrap 92(® 91 81@ 82 , 82@ 83 



Panama none here none here none here 



Mexican, scrap 92@ 93 82@ 83 81@ 82 



Mexican, slab 60@ 61 none here none here 



Mangabeira, sheet 7S@ 76 58@ 63 62@ 63 



Guavule 65@ 66 45@ . . 47@ 48 



Bala'ta, sheet @ 80 8S@ 86 86@ 87 



Balata, block @ 56 53@ 54 55@ 56 



African. 



Lopori ball, prime 125@126 98@ 99 101@102 



Lopori strip, prime none here none here none here 



Aruwimi 110@111 94@ 95 100@101 



Upper Congo ball, red 115@116 90@ 91 96@ 97 



Ikelemba none here none here none here 



Sierra Leone, 1st quality 124@125 86@ 87 84@ 85 



Massai, red 124@125 89@ 90 85@ 86 



Soudan Niggers 112@113 none here 81(g! 82 



Cameroon ball 66@ 67 65@ 66 63@ 64 



Benguela 85@ 86 65@ 66 62@ 64 



Madagascar, pinky none here 76@ 11 75@ 76 



Accra, flake ■.... 45® 46 28@ 29 27@ 28 



Pontianak 5^@ 5^4 iy%@... 55^@... 



East Indian. 



Assam none here none here none here 



Pontianak 5^@ Wa S?^@... 5% 



Borneo none here none here none here 



Late Para cables quote : 



Per Kilo. 



Islands, fine 3$900 



Islands, coarse 2$200 



Latest Manaos advices : 



Upriver, fine 5$300 



LTpriver, coarse 4$100 



Per Kilo. 



Upriver, fine 5$150 



Upriver, coarse 4$200 



Exchange 16 9-32d. 



Exchange 16 9-32d. 



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 November the demand 

 for commercial paper has continued very good, both from city 

 banks and those out of town, the best rubber names ruling at 

 4!/2(£.'5 per cent., and those not so well known at 5}4@5J4 per 

 cent." 



New York Prices for October (New Rubber). 



1911. 



Upriver, fine $1.00@1.12 



Upriv.er, coarse 90@ .96 



Islands, fine 96@1.07 



Islands, coarse S6@ .63 



Cameta 60@ .66 



1910. 



$1.37@1.50 



1.02@1.20 



1.20@1.46 



.73® .90 



.75® .89 



1909. 



$2.02®2.15 



1.20®1.32 



1.83@2.02 



.72® .82 



.83® .96 



African Rubbers. 



New York Stocks (In Tons). 



October 1, 1910 375 



November 1 100 



December 1 140 



January 1, 1911 115 



February 1 115 



May 1, 1911 98 



June 1 90 



July 1 90 



August 1 90 



September 1 112 



March 1 Ill October 1 67 



April 1. 



98 November 1 45 



WEEKLY MOVEMENT OF LONDON PRICES. 



[In Shillings and 

 1911. 



July 7 4/2y2 



July 14 4/51^ 



July 21 4/7 



July 28 4/8 



August 4 4/7}4 



August 11 4/7J4 



August 18 4/iy2 



August 25 4/lOj^ 



September 1 4/8^ 



September 8 4/9 



Pence Per Pound.] 



September 15 5/ 



September 22 4/10^ 



September 29 4/8 



October 6 4/7 



October 13 4/5 



October 20 4/6J4 



October 27 4/4 



November 3 4/3 



November 10 4/45^ 



November 17 4/3 



Li'verpool. 



William Wright & Co. report [November 1] : 



Fine Para. — There has been rather more activity in the market, but prices 

 have gradually declined to 4s. 2^d., a drop of dbout 4d. per pound. A 

 revolution has broken out in the Acre district, but this, while it will 

 probably delay supplies for a time from that region, will not eventually 

 affect the crop. Meantime the market treats it with indifference, _ as there 

 is plenty of spot rubber still to be sold. The tone on the whole is steady. 

 America is willing to buy and has bought (about 400 tons shipped from 

 here), but as soon as prices advance beyond a certain point they withdraw 

 and wait a further opportunity. This we think also applies to European 

 manufacturers, consequently the present outlook points to moderate fluctua- 

 tions. Closing value: Hard Fine, 4s. 3d. [$1.03]; Soft Fine, 4s. [97.3 

 cents]. 



Amsterdam. 



Joosten & Janseen report [November 11] : 



Yesterday's sale was marked by a strong demand for all plantation grades; 

 for Heveas as well as for Rambongs and Castilloas. The few lots bought 

 in were of inferior quality or were being held above the market value. 



TTie prices paid exceeded the valuations by the equivalent of 2 to 6 cents 

 per pound. About 40,000 pounds were sold and a similar quantity is now 

 being offered, including Hevea crepe and sheets, Castilloa, Ficus and Ceara. 



