February 1, 1912.] 



THE INDIA RUBBER WORLD 



253 



Review of the Crude Rubber Market. 



THE better feeling which characterized the opening of the 

 \ear in the London market was reflected in the advanced 

 prices obtained at the auctions of the 3rd, and maintained 

 in subsequent transactions. At the close of the first week the 

 price of 4s. iyid. for up-river fine had advanced to 4s. 4; jc/. 



For the more distant positions buyers displayed a fear of the 

 repetition of the enhanced activity which marked the operations 

 of last February. In this connection the reported comparative 

 reduction in stocks as compared with that period is considered 

 as being to a certain extent ofifset l)y the prospects of larger sup- 

 plies in tile future. The fact is, however, urged that the demands 

 of consumption in 1911 practically absorbed all the production, 

 and a feeling of confidence is said to prevail. 



Fine grades of rubber displayed a marked preference on the 

 part of English buyers, as compared with medium descriptions ; 

 this feature of demand being illustrated by the increasing vol- 

 ume of London forward business in plantation rubber. The rela- 

 tive cheapness of the hard cure is being realized. 



Interest in the latter part of the month was more or less di- 

 rected to the continental auctions. That of Amsterdam realized 

 good prices for relatively small offerings, while that of Havre 

 was marked by material advances. A distinctly noticeable up- 

 ward movement was reported at Antwerp, which brought some 

 African grades above the parity of Para, buyers taking all the 

 offerings, consisting of about 280 tons, principally Congos. From 

 the activity thus displayed, it is considered that certain conti- 

 nental manufacturers must find African rubbers very suitable 

 for their purposes. American manufacturers have, it is re- 

 ported, been using African rubbers largely. 



By sympathy an advance was oljtained in London on Para, 

 which touched 4s. 8^rf. on the 27th. Much interest was being 

 displayed in the London plantation sales scheduled for Janu- 

 ary 30th. 



Xew York Quot.^tions. 



Following are tlie quotations at Xew York for Para grades, 

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



P.^R.\. Feb. 1. '11. Jan. 1, '12. Jan. 30, '12. 



Islands, fine, new 112(5 113 96fd 97 10SraT09 



Islands, fine, old none here 9Sf?j 99 1 \0(a 1 1 1 



Upriver, fine, new 124@125 104rr/ lO.S llirall2 



Upriver, fine, old 128(ffl29 108^« 109 IHfiillS 



Islands, coarse, new 65@ 66 62@ 63 64@ 65 



Islands, coarse, old none here none here none here 



Upriver, coarse, new 96^97 89@ 90 94@ 95 



Upriver, coarse, old 100@101 none here none here 



Cameta 69ra' 70 63(7?' 64 66@ 67 



Caucho (Peruvian) ball 94^95 88® 89 94@ 95 



Caucho (Peruvian) sheet. .. .none here none here none here 



Pl.'\nt.\tion Fa^.\. 



Fine smoked sheet 140f??141 115@116 133fa!l34 



Fine pale crepe 124f«125 119@120 13irnl32 



Fine sheets and biscuits 118(S'119 11S@116 127@128 



Centrals. 



Esmeralda, sausage 90@ 91 86@ 87 92@ 93 



Guayaquil, strip none here none here none here 



Nicaragua, scrap 88® 89 83® 84 91® 92 



Panama none here none here none here 



Mexican, scrap 86® 87 84® 85 90® 91 



Mexican, slab 50® 51 53@ 54 54® 55 



Mangabeira, sheet 68® 70 62rt? 63 none here 



Guayule 60@ 61 53® 54 60® 62 



Balata, sheet 82@ 84 81® 82 89® 90 



Balata, block 58® 68 53® 54 56® 57 



African. 



Lopori ball, prime 109®110 101@102 109®110 



Lopori strip, prime none here none here 105®106 



Aruwimi 105®106 100®101 106®107 



Upper Congo ball, red 109@110 none here 112@113 



Ikclemba none here none here 



Sierra Leone, 1st quality lOS^Vi 106 89® 90 



Massai, red 106® 107 90(g 91 



Soudan, Niggers 94® 95 none here 



Cameroon ball 62@ 63 62® 63 



Benguela 75® 76 64® 65 



Madagascar, pinky none here none here 



Accra, flake 40® 41 26® 27 



East Indian. 



Assam 90® 91 none Iiere 



Pontianak 6®^J/8 none here 



Borneo none here none here 



Late Para cables quote : 



Per Kilo. 



Islands, fine 4$750 



Islands, coarse 2$600 



Upriver, fine . . 

 Upriver, coarse 

 Exchange 



none here 



95® 96 



102@103 



none here 

 69@ 70 

 72@ 73 



none here 

 27® 28 



none here 



5?^@5J4 

 none here 



Per Kilo. 



5$700 



4$500 



..16 3/I6d. 



Exchange 16 2/16rf. 



Latest Manaos advices : 



Upriver, fine 5$750 



L'priver, coarse 4$550 



Neiv York. 



Ix 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 January there has been 

 a good demand for paper, both from New York banks and out of 

 town, the best rubber names ruling at 4^®4j^ per cent., and 

 those not so well known 5@5j4 per cent." 



New York Prices for December (New Rubber). 



Upriver, fine . . 

 Upriver, coarse 

 Islands, fine . . 

 Islands, coarse 

 Cameta 



1911. 

 $1.04@1.07 

 .90® .93 

 .95(fl»1.01 

 .60r5i .64 

 .60(S> .65 



1910. 



$I.36@I.50 



I.00@1.05 



1.I9@I.25 



.70@ .73 



.72® .76 



1909. 



$1.75@1.93 



1.11@1.21 



1.64@1.72 



.69® .72 



.79® .82 



Summary of Prices for 1911. 



Fine. Coarse. 



January 1 1 5(ad 30 90® 98 



February 128® 168 98^120 



March I45(g 166 108fr('llS 



April 118fal4S SSfnllO 



May 93®a28 82(fi) 89 



June 95®103 81® 85 



July 99®17 82® 96 



August I09®117 95® 99 



September 1136120 94® 99 



October 100® 1 12 90® 96 



November 99®106 87® 91 



December 104® 107 90(3 93 



Average Prices. 

 95 



136^ 

 107 

 675^ 



1911. 

 1910. 

 1909. 

 1908. 

 1907. 

 1906. 



118^ 

 201-4 

 1S9M 

 93H 

 \QG% 

 124^ 



93'^ 



isla 



Fine. 



100@115 



115@156 



130® 156 



11 2® 135 



92® 1 22 



91® 98 



92@110 



102®109 



106® 112 



96(gl07 



93®10O 



95@101 



110^4 

 18934 

 149^ 

 8854 

 1041^ 

 121 



ND. 



Coarse. 

 62®69 

 65®90 

 62®90 

 60®63 

 58®)67 

 58(®63 

 58®63 

 61®)63 

 62@64 

 56@63 

 57®)60 

 60@64 



64 



90 



66'4 



47^^ 



61 3^ 



70 



Morse's Statistics of New Y'ork Arrivals. 



Fine Para tons 



Coarse Para 



Plantation Ceylon 



a Centrals 



East India and Africans... 



1908. 



12.164 

 5.152 



' 5^598 

 6.563 



1909. 



11,982 

 5,609 

 1,730 

 4,961 

 6,847 



1910. 

 10,274 

 4,622 

 3,611 

 4,636 

 9,773 



cameta. 

 Coarse. 

 64@73 

 68@9S 

 79®92 

 75@80 

 67®76 

 67®71 

 70®75 

 66@68 

 66@68 

 60®66 

 60@62 

 60@65 



7054 

 100 



n 



52 



65-/4 



7254 



1911. 

 10,818 

 5,074 

 6,556 

 4,316 

 8,324 



Total 29,477 



a Including Caucho. 



31,129 32,916 35,088 



African Rubbers. 



December 1 140 



January 1, 1911 115 



February 1 115 



March 1 11 



April 1 98 



Mav 1 98 



June 1 90 



New York Stocks (In Tons.) 



July 1, 1911 90 



.August 1 90 



September 1 112 



October 1 67 



November 1 45 



December 1 60 



January 1, 1912 58 



