360 



THE INDIA RUBBER WORLD 



[April 1, 1912. 



Review of the Crude Rubber Market. 



THE London rubber auction of February 27, of which 

 only cable reports were to liaml at date of last report, 

 disposed of the large quantity of 865 tons without any 

 perceptible decline. This fact has been quoted as illustrating 

 the strength of the demand for consumption, which, it has 

 been stated, could have absorbed even the whole of the 

 arrivals since the previous auction, representing about 1,100 

 tons. American buyers' operations are said to have been 

 large on this occasion. 



Based on this situation, and on the inscription sale at .\nt- 

 werp of 500 tons at full rates, the price of fine hard Para, 

 which had been for a week about 4s. 7j4d., entered on March 

 4 upon a steady gradual upward movement, reaching 5s. 2d. 

 by March 27. By the date of the fortnightlj' auction of March 

 12, the price had improved to 4s. lOj^d., in sympathy with 

 which movement the sale displayed on the average an ad- 

 vance of fourpence on the rates of the previous auction. The 

 reduction of nearly half in the quantity offered (483 instead 

 of 865 tons) tended to impart strength to the market and to 

 Stimulate buying. 



The result of the sale of the 12th was calculated to favor 

 the advance already in progress in fine hard Para, which has 

 since then improved from 4s. W'/jd. to 5s. 2d. at time of writ- 

 ing. Whether this speculative advance will be maintained, 

 in view of the light biddings at the sale of the 26th, and the 

 consequent failure to establish an advance reflecting the 

 latest movements of the open market, is being watched with 

 interest. The opinion has been expressed that consumers are 

 apparently not willing to follow the upward movement of 

 the London market. 



New York Quot.\tions. 



Following are the quotations at New York for Para grades, 

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



Par-V Apr.l.'ll. Mar. 1, '12. Mar. 30, '12. 



Islands, fine, new 130rf7131 107fal08 117(2118 



Islands, fine, old none here 108r.7 109 1 19(5120 



Upriver, fine, new 139ra 140 109rall0 122@122 



Upriver, fine, old 144r,/ 14.^ 112fr(113 124@125 



Islands, coarse, new ._. . . . 62ra 63 62(5; 63 67@ 68 



Islands, coarse, old. .~ ../;.. .none hen- none here none here 



Upriver, coarse, new. r, 108(a 109 92@ 93 98^@ 99 



Upriver, coarse, old llOfaUl 94@ 95 none here 



Cameta 79fS80 65@ 66 72@ 73 



Caucho (Peruvian) ball 1086109 93@ 94 98@ 99 



Caucho (Peruvian) sheet none here none here none here 



Pl.\nt.\tion Par.\. 



Fine smoked sheet 159ra^l60 130(5:131 139(ffil40 



Fine pale crepe 145ro 14(j \290r\30 138(^139 



Fine sheets and biscuits 142(gl43 1256126 136(5137 



Centrals. 



Esmeralda, sausage 105(gl06 9\@ 92 97@ 98 



Guavaquil, strip none here none here none here 



Nicaragua, scrap 103(5104 90(5 91 96(5) 97 



Panama none here none here none here 



Mexican, scrap 103(5)104 89(@ 90 95(5; 96 



Mexican, slab 62(5)63 none here none here 



Mangabeira, sheet 68@ 69 68(S 69 67@ 68 



Guavule 64(5)65 60(5)61 69@ 70 



Balata, sheet 93(5— 89(g 90 90(5)91 



Balata, block 67@ 6S 55(g 56 62@ 63 



African. 



Lopori ball, prime 123(5 124 109(5 1 10 122(5123 



Lopori, strip, prime none here none here none here 



Aruwimi ., 122(S>123 !05r5'106 none here 



Upper Congo ball, red 125(a/126 110(5111 ncne here 



Ikelemba none here none here none here 



Sierra Leore, 1st quality 122(S 123 98(g 99 , 109@110 



Massai, red 122(@123 101@102 111(@112 



Soudan, Niggers none here none here none here 



Cameroon ball 79(5 80 70@ 71 91(5' 92 



P.enguela 79(5 80 71(5:72 78(@ 79 



-Madagascar, pinky 100(5101 none here none here 



Accra, fiake 40(5,41 27@ 28 28@ 29 



East Ixdia.v. 



Assam 104(5105 none here none here 



Pontianak 7(a7yl SV^®— 6^@— 



Borneo none here none here none here 



Late Para cables quote : 



Per Kilo. Per Kilo. 



Islands fine 5$300 Upriver, coarse 5$300 



Islands, coarse 2$850 Upriver, fine 6$300 



Exchange 16^4'^- 



Latest Manaos advices: 



Upriver, fine 6$550 Exchange 16 7/32rf 



Upriver, coarse 4$950 



New York. 



In regard lu the financial situation, .Mbert B. Beers (broker in 

 crude rubber and commercial paper, No. 68 William street. New 

 York) advises as follows: "During March there has been a good 

 general demand for paper, with rates towards the latter part of 

 the month rather higher than previously, the best rubber names 

 ruling at 4;/!(a!5 per cent, and those not so well known, 5j^(S!5f4 

 per cent." 



New York Prices for February (New Rubber). 



1912. 1911. 



Upriver, fine $1.07@1.11 $1.28@1.68 



Upriver, coarse 92@ .94 .9S@1.20 



Islands, fine 1.05(81.08 1.15@1.56 



Islands, coarse 62(ffi .65 .65(3 .90 



Cameta 65 @ .67 .68® .95 



African Rubbers. 



New York Stocks (In Tons). 



1910. 



$1.87@2.10 



1.15(31.28 



1.81(8 2.04 



.75® .89 



85.@ .98 



September 1, 1911 112 



October 1 67 



November 1 .,."..... 45 



December 1 60 



January 1, 1912 58 



Februarv 1 150 



March l' 90 



Februarv 1, 1911 115 



March 1 Ill 



April 1 98 



May 1 98 



June 1 90 



Julv 1 90 



August 1 90 



Para. 



R. O. Ahlers & Co. report [March 4] : 



Market has been steady and nearly all lots coming from the interior have 



been bought by exporters for shipment to New York. By the last two 



steamers to New York were shipped more than 1,594 tons. There is no 

 doubt that the crop is larger than the crop of last year. 



R. O: Ahlers & Co. report [March 11] : 



Market has advanced steadily in accordance with quotations from .con- 

 suming centers, and Rs 6$000 kilo (about $2) has been paid for Upriver 

 fine, which price had not been reached since about 10 months ago, although 

 e.xchange keeps steady and the continual news of unrest in the South seems 

 to have no influence on exchange. The crop will be larger than last year's, 

 but the demand, specially from the States, seems to be equal to arrivals. 



Robber Receipts at Manaos. 



December. 



_^^-_ 



January. 



1911. 

 tons 694 



From — 



Rio Purtis-Acre 



Rio Madeira 467 



Rio Jurua 651 



Rio Javary-Iquitos 189 



Rio Solimoes 170 



Rio Negro 230 



Total 2,401 



1910. 

 634 

 277 

 704 

 455 

 252 

 64 



1909. 

 566 

 480 

 580 

 334 

 248 

 173 



1912. 



2,867 

 760 

 554 

 558 

 149 



1911. 

 2,162 



2,386 



2,381 



4,890 



1910. 



2,993 



490 489 



1,024 1,036 



237 609 



147 185 



38 174 



5,486 



8c,i/' / ^'"' ■S^'f'V'W,!'.* From . 



Manaos 1,942 1;974 ' 2,03« ' 2,-738 



Pari / .459 -412 



Total '■. . 2.401 



2,386 



343 

 .2,381 



2,152 

 4.890 



4.098 



2,489 

 1,609 



4,098 



3.772 

 1.714 



5.486 



