202 



THE INDIA RUBBER WORLD 



[January 1, 1912. 



Review of the Crude Rubber Market. 



ILLUSTRATING the effects of tlie quiet demand to be looked 

 for in the closing months of the year, the London price of 

 Upriver fine has again fluctuated between narrow limits of 

 variation; the average having been for November 4s. 3j^d., 

 and for December 4s. 4^d. The lowest and highest points 

 touched within the last two months have been 4s. 3d., and 4s. 

 5j4d. ; the closing figure being 4s. 4d. 



The attitude of buyers has reflected doubts as to whether con- 

 sumption is in a position to absorb the expected supplies from 

 the Far East, even after a scaling down of the original estimates. 

 One satisfactory feature has tended to impart stability to the 

 European markets, viz., that the operation of manufacturing 

 plants is on a larger scale — or so it is reported — than is usually 

 the case at this period of the year. 



Another point which has received consideration, is that the 

 many new uses of rubber encouraged by the low prices lately 

 ruling, are beginning to absorb much of the increased Asiatic 

 production. 



The American market has displayed a conservative policy on 

 the part of buyers, similar to that witnessed in Europe. 



A somewhat unlocked for feature of the European market 

 was an advance at the Antwerp auctions of December IS, which 

 encouraged the belief that the buyers were willing to take risks 

 in preference to further delaying operations. The improvement 

 recorded at the Havre sales of Congo rubber on December 19, 

 failed to stimulate London operations, the advance being attribu- 

 ted to special demands. Very good prices were realized at the 

 Amsterdam sales of December IS. 



The London sales of December 20 showed a decline of 2d. to 

 3d. in plantation rubber, while the unsold third of the quantity 

 offered was subsequently placed at a slight further decline on 

 the prices established the preceding week. 



New York Quotations. 



Following are the quotations at New York for Para grades, 

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



Para Jan.LTl. Dec. 1, '11. Dec. 30, '11. 



Islands, fine, new 118@119 93@ 94 96@ 97 



Islands, fine, old 122@123 96@ 97 98@ 99 



Upriver, fine, new 137@138 103@104 104@10S 



Upriver, fine, old 140@141 107@108 108@109 



Islands, coarse, new 70@ 71 S8@ 59 62@ 63 



Islands, coarse, old none here none here none here 



Upriver, coarse, new 100@101 89@ 90 89@ 90 



Upriver, coarse, old 104@10S none here none here 



Cameta 72@ 73 60(S) 61 63@ 64 



Caucho (Peruvian) ball 99@100 89@ 90 88@ 89 



Caucho (Peruvian) sheet none here none here none here 



Plantation Para. 



Fine smoked sheet lS6ffilS7 117@118 11S@116 



Fine pale crepe 143@144 118@119 119@120 



Fine sheets and biscuits 138@139 113@114 115@116 



Centrals. 



Esmeralda, sausage 94@ 95 83@ 84 86@ 87 



Guayaquil, strip none here none here none here 



Nicaragua, scrap 89@ 90 82@ 83 83@ 84 



Panama none here none here none here 



Mexican, scrap 88@ 89 81@ 82 84<g 8S 



Mexican, slab 56@ 57 none here S3@ 54 



Mangabeira, sheet 75@ 76 62@ 63 62@ 63 



Guayule 6S@ 66 47@ 48 S3@ 54 



Balata, sheet 74@ 75 86@ 87 81@ 82 



Balata, block 52@ S3 55@ 56 S3@ 54 



African. 



Lopori ball, prime 120@121 101@102 101@102 



Lopori strip, prime none here none here none here 



Aruwimi 104@105 100@101 



Upper Congo ball, red 108@109 96® 97 



Ikelemba none here none here 



Sierra Leone, 1st quality 119@120 84@ 85 



Massai, red 119@120 85@ 86 



Soudan, Niggers 105@106 81@ 82 



Cameroon ball 65@ 66 63@ 64 



Benguela 82@ 83 62@ 64 



Madagascar, pinky none here 75@ 76 



Accra, flake 44@ 45 27@ 28 



East Indian. 



Assam 93@ 94 



Pontianak 6@6^ 



Borneo none here 



Late Para cables quote : 



Per Kilo. 



Islands, fine 4$400 Exchange 



Islands, coarse 2$500 Exchange 



Latest Manaos advices : 

 Upriver, fine 5$400 Upriver, coarse 



none here 



5^ 



none here 



100@101 



none here 



none here 



89@ 90 



90@ 91 



none here 



62@ 63 



64@ 65 



none here 



26@ 27 



none here 

 none here 

 none here 



Per Kilo. 

 . .169-32rf. 

 ..169-32d. 



4$200 



Neiu 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 December there has 

 been a fair demand for paper, though not as good as in Novem- 

 ber, and rates have been a little higher, ruling at 4J4@5 per cent. 

 for the best rubber names, and 5!/2@6 per cent, for those not 

 so well known." 



New York Prices for November (New Rubber). 



1911. 1910. 



Upriver, fine $0.99@1.06 $I.36@1.S2 



Upriver, coarse 87@ .91 1.02(91.07 



Islands, fine 93@1.00 1.20@1.28 



Islands, coarse 57@ .60 .73@ .75 



Cameta 60@.62 .75@.78 



1909. 



$1.9302.03 



1.17@1.21 



1.72@1.84 



.69® .72 



.80 @ .84 



African Rubbers. 



New York Stocks (In Tons). 



November 1, 1910 100 



December 1 140 



January 1, 1911 115 



Februarv 1 115 



March 'l 11 



April 1 98 



May 1 98 



June 1. 1911 90 



July 1 90 



August 1 90 



September 1 112 



October 1 67 



November 1 45 



December 1 60 



1911. 



weekly movement of london pricxes. 



[In Shillings and Pence Per Pound.] 



July 7 4/21^ 



July 14 4/5^^ 



July 21 4/7 



Julv 28 4/8 



August 4 4/71^ 



August 11 4/7j/^ 



August 18 4/7^ 



August 25 4/105^ 



September 1 4/8^ 



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 4/6j4 



October 27 4/4 



November 3 4/3 



November 10 4/4J4 



November 17 4/3 



November 24 4/3^ 



December 1 4/4J4 



December 8 4/5^ 



December 15 4/4^4 



December 22 4/4 



Rubber Arrivals from the Congo. 

 November 16, 1911. — By the steamer BruxeUesville: 



Bunge & Co (Societe Generale Africaine) kilos 29,000 



Do (Chemins de fer Grands Lacs) 3,700 



Do (Comptoir Commercial Congolais) 11,400 



Do (Alberta) 200 



Societe Commerciale Anversoise (Intertropical) 11,200 



Do (Cie. franc, do Haut Congo) 5,800 



Do (Societe Comra. and Miniere) 9,600 



L. & W. Van de Velde (Cie. du Kasai) 70,000 



Do (Societe Comm. and Financ. Africaine) 8,000 



Congo Trading Co 3,000 



E. Van Steensel 4,000 153,850 



