64 



THE INDIA RUBBER WORLD 



[October 1, 1919. 



THE MARKET FOR RUBBER SCRAP. 

 NEW YORK. 



DE.XLiNxs in scrap rubber for the month passed has been with- 

 out activity or notable incident. There is no foreign move- 

 ment of scrap either import or export. 



Market conditions have not met the anticipations of the deal- 

 ers as regards revival of the trade. The upward tendency of 

 crude rubber has had no effect upon either the scrap or the re- 

 claimed rubber markets. 



Boots and Shoes.— The demand has been intermittent and 

 prices steady. 



Tires.— Buying demand has been fair, mostly for picking pur- 

 poses. Prices have been steady and firm for good stock. 



Inner Tubes.— The situation continues without interest. 



QUOTATIONS FOR CARLOAD LOTS DELIVERED. 



September 25, 1919. 



Trices subject tn change without notice. 



BOOTS AND SHOES; 



Arctic top,'! lb. -01 @ 



Boots and shoes lb. .08,'s@ 



Trimmed arctics lb. .06^^® .06?! 



Untrimmed arctics lb. .05H@ 



HAHS RUBBER: 



Battery jars, black compound lb. .01 @ 



No. 1, bright fracture lb. .23 @ .24 



INNER TUBES: 



No. 1. old pacl<ing lb. .19 @ .20 



No. 2 lb. .10J^@ .10^ 



Red lb. .10 @ .10^ 



MECHANICALS: 



Black scrap, Tiixed, No. 1 lb. .035^ @ .04 



No. 2 '. lb. .03 @ 



Car springs lb. .03^^@ .04 



Heels lb. .03 @ .03^ 



Horseshoe pads lb. .03 @ .03 J^ 



Hose, air brake lb. .OA'A® 



fire, cotton lined lb. .0154® .01}^ 



garden lb. .01'A@ .Olii 



Insulated wire stripping, free from fiber lb. .03J4@ .04 



Matting lb. .01^(8 .01^ 



Red packing lb. .05'A@ .06 



Red scrap. No. 1 lb. .09 @ .10 



No. 2 lb. .06H@ ,07Ji 



White scrap. No. 1 lb. .10 @ .11 



No. 2 lb. .08 @ .09 



TIRES: 



PNEUMATIC — 



Auto peelings, No. I lb. .07 @ ,08 



No. 2 lb. .05 @ .05 J4 



Bicycle lb. .03 @ .03 !4 



Standard white auto lb. .OAii@ .05 



Standard mixed auto lb. .04 @ 



Stripped, unguaranteed lb. .03 @ 



White, G. & G., M. & W., and U. S lb. .05 @ .OS'A 



SOLID^ 



Carriage lb. .04 @ .04% 



Irony lb. .01 @ 



Truck lb. .03^® .04Ji 



THE MARKET FOR COTTON AND OTHER FABRICS. 



NEW YORK. 



In the first week of September there was a sharp decline in 

 ^ middling spot cotton from 32.05 cents to 28.85 cents, the 

 lowest point it reached. It hovered around 29 cents for an- 

 other week, then rose to a week's variations around 30 cents, 

 and in the last week of the month rose sharply to 31.60 cents. 

 The Government's estimate of the crop, which in August 

 was 11,640,000 round bales, fell to 11,230,000 round bales in 



September and conservative observers expect it to fall below 

 the 11,000,000 mark in the next report, owing to the prevailing 

 wet weather and the ravages of insect pests, making the fifth 

 consecutive year of short crops. 



The market is very firm, the strong demand coming not 

 only from Americans but also from Japanese and English 

 buyers, the latter having to make up in some way the de- 

 ficiency in Egyptian cotton. If Germany can obtain the 

 necessary credits, it is predicted that the price of cotton will 

 rise at once to 40 cents. 



EcYiTiAN Cotton. Although obtainable, it is difficult to get 

 because the American buyer must contend with the Englisli 

 and Continental competition, for England must have long- 

 staple cotton if the mills that make many of her staple fab- 

 rics are to reopen. This year's crop of Egyptian is estimated 

 at 6,250,000 cantars or 860,000 bales of 720 pounds each and 

 the latest reports are favorable, the boll worm having done 

 less damage than usual. The yield of Sakellaridis and of up- 

 per Egyptian is expected to be about 20 per cent above the 

 average and the same holds good for Afifi. Several cargoes . 

 of Egyptian cotton have arrived lately in this country. The 

 prices quoted are for Sakellaridis, low grade 52 cents, medium 

 grade 57 cents, high grade 63 cents; for upper Egyptian, low 

 grade 49 cents, medium grade 51 cents, high grade S3 cents. 



Sea Island Cotton. Manufacturers have been forced to 

 throw this out of account, practically, owing to the disasters 

 to the crop. In three consecutive years the crop had dropped 

 to nearly one-half of the normal quantity; this year it has 

 shriveled to probably less than 20,000 bales. Manufacturers 

 have been forced to turn elsewhere for their long-staple cot- 

 ton, and have found some relief from Egypt, from .Arizona 

 and from Peru. 



.American Egyptian. The Arizona cotton, while it will not 

 make up for the shortage in other long-staple varieties, will 

 be the largest crop yet produced, from 45,000 to 50,000 bales. 

 There was an active demand for Pima cotton when dealings 

 in the new crop began; for October-December shipments 

 the price for cotton an inch and three-quarters in staple was 

 67 to 68 cents, with every indication that the mills are sub- 

 stituting it for Sea Island for which a higher price is asked. 



Tire Fabrics. The market is very strong, the product of the 

 mills has been sold in many cases for a year ahead and the 

 factories are working to their limit. It is estimated that the 

 output of tires for the coming year will be between 35,000,- 

 000 and 40,000,000. The manufacturers are hampered by the 

 shortage in long-staple cotton and many object to using peel- 

 ers as a substitute. 



Other Fabrics. The market for belting and hose is quiet. 

 There is an improved demand for lighter ducks and drills, 

 particularly 46 inches and wider; the manufacturers of rubber 

 goods show more concern about securing supplies than about 

 the price. There is a very strong demand for sheetings which 

 are sold practically to the end of 1920; the same holds good 

 for carriage cloth. There is little demand for Osnaburgs or 

 for general cotton goods, but the tone of the market is better 

 than it was a month aeo. 



NEW YORK QUOTATIONS. 



September 25, 1819 



Prices subject to change without notice. 

 ASBESTOS CLOTH: 



Urake lining, 2 A lbs. sq. yd., brass or copper inser- 

 tion lb .85 @ 



2'4 lbs. sq. yd., brass or copper inser- r 



tion lb. .90 (3 



BURLAPS: 



32_;.oi,nce iOO yards 12.50 (3 



32— Sounce 13.50 @ 



40— 7;<-ounee 14.15 (3 



40— 8-ounce 14.25 @ 



