392 



THE INDIA RUBBER WORLD 



[March 1, 1920. 



Review of the Crude Rubber Market. 



NEW YORK. 



THE CRUDE RUBBER M.^RKET remained steady through February, 

 declining gradually to the close. There was little buying 

 by manufacturers, but good trading among the dealers. 

 Plantation rubber continues to command higher prices than the 

 Brazilian. The markets in London and Singapore are dull, all 

 trading being affected by the uncertainty in exchange, especially 

 the dealing in futures. 



Prices for plantation and South American rubber at the be- 

 ginning and toward the end of the month are shown in the fol- 

 lowing quotations : 



Plant.mions. February 2, first latex crepe, spot 51 cents; 

 futures, April-June, 52 cents ; July-December, S3 cents ; February 

 25, spot, 46-47 cents; futures, ."Kpril-June Ayy^, July-Dcceinber 

 491/2 cents. 



February 2, ribbed smoked sheets, spot 51 cents; futures, April- 

 June. 52 cents ; July-December, 53 cents ; February 25, spot, 

 46^-2 cents ; futures, April-June 47, July-December 49-49^ cents. 



February 2, No. 1 amber crepe, spot, 52 cents; February 25, 



48 cents ; futures, July-December 49 cents. 



February 2, clean thin brown crepe, spot, 48j/^ cents : futures, 



49 cents ; February 25, spot, 45 cents ; futures, July-December 

 47H@48 cents. 



February 2, No. 1 roll brown crepe, spot and futures, 42 cents ; 

 February 25, spot, 41 cents; futures, July-December 40-41 cents. 



South American Par.\s and Caucho. February 2, spot prices ; 

 upriver fine 45 cents, islands fine 44 cents, upriver coarse 34 cents, 

 islands coarse 23 cents, Cameta coarse 23 cents, caucho ball 34 

 cents. February 25, upriver fine 42J4 cents, islands fine 42 cents, 

 upriver coarse Slyi cents, islands coarse 20"/$ cents, Cameta 

 coarse Ziyi cents, caucho ball 32 cents. 



NEW YORK QUOTATIONS. 



Following are the New York spot quotations, for one year 

 ago, one inonth ago and on February 25, the current date : 



Marcli 1, Febru, 



PLANTATION HEVEA— 1919. 19: 



First latex crepe $0.56 (& $0.52?/ 



Amber crepe No. 1 50 @ .52 



Amber crepe No. 2 49 (ffl .51 



Amber crepe No. 3 48 @ .50 



Amber crepe No. 4 46 @ .48 



Brown crepe, thiclt and 



thin clean 47 (» .48 



Brown crepe, thin specify. -45 @ .46 



Brown crepe, rolled 37 @ .42 



Smelted sheet, ribbed. 



standard quality 55 @ .52 



Smoked sheets, plain, 



standard quality 54 @ .51 



Unsmoked slieet, standard 



quality 54 @ .48 



Colombo scrap No. 1 39 o .37 



Colombo scrap No. 2 37 (5) .35 



EAST INDIAN— 



Assam crepe 36 (a> .46 



SOUTH AMERICAN— 



Febru; 



192 



$0.46 



:rap. 



PenanK block 

 PONTIANAK — 



Banjermassin . . . 



PalcmbanK 



Pressed block . . . 



Sarawak 



SOUTH AMERICAN— 



Upriver mediun 



Upriver weak, 

 Islands, fine .. 

 Islands, mediuir 

 Islands, coarse 

 Cameta. coarse 

 Madeira, fine . 





.2014® 



■ 21 /.@ 



@ 



Peruvian 



Tapajos t 



CAUCHO — 



Manicoba. 30% guar 



1920. 

 5 @ 

 I @ 



ManRabeira thin sheet. 

 CENTRALS— 

 Cori: 



alda 



Centr 



Central scrap and strip... 



Central wet sheet 



Guayule, 20% guarantee.. 

 Guayule. washed and dried 

 AFRICANS— 



Niger flake, prime 



Benguela. extra No. 1. 28% 

 Benguela, No. 2. 32J4%.. 

 Congo prime, black upper. 

 Congo prime, red upper... 

 Kassai black 



(a.30 

 (8.24 



@ 



GUTTA PEECHA- 



Red .Macassar 



BALATA— 



lilock, Ciudad Bolivar. 



Colombia 



Panama 



she 





.84 @ 



RECLAIMED RUBBER. 



The market for reclaimed rubber during February has been 

 active in all the standard grades. Production is practically sold 

 up into the spring months by the leading reclaiiners who are not 

 seeking contracts from users at the present time. On the other 

 hand, large consumers are holding back on the present market 

 beyond their cominitments for May in anticipation of a hoped 

 for change of prices within a few weeks. 



The prices on all standard grades remain the same as the 

 quotations for January. 



COMPARATIVE HIGH AND LOW SPOT RUBBER PRICES. 



PLANTATIONS: 



First latex crepe.., $ 



Smoked sheet ribbed 

 PARAS: 



Upriver, fine 



Upriver, coarse .... 



Islands, fine 



Islands, coarse .... 



|.55J^ $0.53J^@$0.51^ 



.35 @ 

 A9'A@ 

 .22J:J@ 



"Figured only to February 25, 1920. 



THE MARKET FOR COMMERCIAL PAPER. 



In regard to the financial situation, Albert B. Beers, broker in crude 

 Jbber and commercial paper, No. 68 William street. New York City, 



"During February there ba: 

 out-of-town banks, and early 

 for the best rubber names, 1 

 6K per cent and 7 per cent o 



ir demand for paper, mostly from 

 ith rates were about 6'/, per cent 

 end of the month buyers wanted 

 erything. It looks as tliough rate* 



