THE INDIA RUBBER WORLD 



465 



Review of the Crude Rubber Market. 



NEW YORK. 



THH CRinE RUBBER MARKET remained firm and quiet through- 

 out March, with two or three sHght breaks in which the 

 prices advanced or receded a cent or two. There was some 

 trading among dealers; the manufacturers, however, did hltlc 

 buying. 



Paras are picking up a little. Prices at the end of the month 

 are very nearly the same as at the beginning, in spite of the 

 pirtial recovery in exchange and the very large arrivals of crude 

 rubber. This probably all goes to fill forward orders. 



Prices for plantation and South .American rubber at the begin- 

 ning and toward the end of the month arc shown in the following 

 ([notations : 



Pl.vntations. March I, first late.x crepe, spot 46i/^ cents; 

 futures, .\pril-Junc, 47>4 cents ; July-September, AS'A cents ; 

 July-December, 94i^ cents; March 25, spot, 47J/2 cents; April- 

 June, 49 cents; July-December, 51 cents. 

 .March 1, ribbed smoked sheets, spot 4654 cents; April-June, 

 471-2 cents; July-September, 48^4 cents; July-December, 

 49>^ cents; March 25, spot, 47 cents; .\pril-June, 49 cents; 

 July-December, 51 cents. 

 March 1, No. 1 amber crepe, spot, 46 cents; April-June, A6'/j 

 cents ; July-December, 47 cents : March 25, spot, 46J4 cents : 

 .\pril-June, 47'/: cents ; July-December, 485^ cents. 

 March 1, No. 1 rolled brown crepe, spot, 39 cents ; March 25, 

 spot, 40 cents; .\pril-June, 40 cents; July-December, 40/2 

 cents. 

 Soi_-TH American P.aras and Caucho. March 1, spot prices: 

 upriver fine 42 cents, islands fine 42 cents, upriver coarse 

 315^2 cents, islands coarse 20^4 cents, Cameta coarse 21 yi 

 cents, caucho ball 31^-32 cents. 

 March 25, upriver fine 42-42H cents, islands fine 42'X cents, 

 upriver coarse 31;^ cents, islands coarse 21 >^ cents, Cameta 

 coarse 22 cents, caucho ball 32^ cents. 



NEW YORK aUOTATIONS. 



Following arc the New York spot quotations, for one year 

 ago, one month ago and on March 25, the current date: 



April 1, March 1. M.irch 25, 



PLANTATION HEVEA— 1919. 1920. 1920. 



Kirst latex crepe $0.51 @ $0.47 @ $0.47'^@ 



.\mhcr crepe No. 1 48 @ .46 @ .46>^<a 



Amber crepe No. 2 47 @ .45 @ AS'A© 



Amber crepe No. 3 46 @ .44 @ .4454® 



Amber crepe No. 4 45 & .43 @ .42;4@ 



Brown crepe, thick and 



thin clean 46 @ .44 @.45 .43 @ 



Brown crepe, thin specky. .43 (S) .41 @.42 .41 @ 



Brown crepe, rolled 35 @ .40 @ .40 @ 



Smoked sheet, ribbed, stan- 

 dard quality 50 @ .46 @ .47 @ 



Smoked sheets, plain, stan- 

 dard quality 48 @ .41 @ .45 @ 



Unsmoked sheet, standard 



quality 49 © @ @ 



Colombo scrap No. 1 @ @ ..13 ® 



Colombo scrap No. 2 @ @ .31 @ 



EAST INDIAN— 



.■\ssain crepe @ @ @ 



Penang block scrap (ni (th @ 



SOUTH AMERICAN— 



rO.VTIANAK— 



Banjcrmassin I3yj(^ .13 ((O .13 Of> 



Palembang @ (w % 



Pressed block 20 @ .27 (in .25 (ni 



Sarawak @ @ qi 



PARAS — 



Upriver fine 56 @ .42 @ .42 Gi^.AZYi 



Upriver medium 51 @ (w .39;i(*.40 



Upriver coarse '. , .34 (B .SlK-fii .31 Vj (n ..12 



Upriver weak, fine 44 & W .35 <n 



Islands, fine 48 @ .4J Oi AlViCii 



Islands, medium 43 @ (,i .3954 f". 40 



Islands, coarse 22 @ .20 <iv .21 (S.2I^ 



Cameta, coarse 23 @ .21 @ .21 Ca.Zlyi 



Madeira, fine @ (rp @ 



.\cre Bolivian, fine @ (S> «/ 



Peruvian fine 53 @ @ .40)4 fti' 



Tapajos fine 53 @ @ @ 



SOUTH AMERICAN— 



CAUCHO — ' 



Lower caucho ball 31 



Upper caucho ball 34 



UtANICOBAS — 



Ceara negro heads 



Manicoba, 30% guaran. 



tee 34 



Mangabeira thin sheet.. .38 

 CENTRALS— 



Corinto scrap 33 



Esmeralda sausage 33 



Central scrap 33 



Central scrap and strip... .32 



Central wet sheet 23 



Guayule, 20% guarantee.. .30 

 Guayule, washed and dried .40 

 AFRICANS- 



Niger flake, prime 



Benguela, extra No. 1, 28% 

 Benguela, No. 2, 3254%.. 

 Congo prime, black upper. 

 Congo prime, red upper... 



Kassai black 



red 



Rio Nunez ball 



Rio Nunez sheets and 



strings 



Conakry niggers 



Massai sheets and strings. 

 GUTTA PERCHA— 



Gutta Siak 23 



Red .VUcassar 3.0O 



BALATA— 



Block, Ciudad Bolivar 76 



Colombia 58 



Panama 56 



Surinam sheet 96 



April 1 

 1919. 

 @ 



1920. 

 32 @ 



March 25, 

 192t. 

 .30 @ 

 .3254® 



.1754® 

 @ 

 @ 



RECLAIMED RUBBER. 



Essentially the same conditions which prevailed in the 

 reclaimed rubber market during February controlled the 

 situation of reclaimed in all grades during March. Reclaimers 

 are oversold for froiti two to three months, consequently are 

 not seeking business. Prices, however, have not been advanced 

 and remain as reported last month. Current buying is in relatively 

 small volume and large users are not seeking to make commit- 

 ments beyond the middle of the year. 



NEW YORK aUOTATIONS 



520. 



Prices subject to ch.nnge 

 Standard reclaims: 



Floating 



Friction 



Mechanical 



Red 



Tir/s, auto '.'.'.'.' .'.'..'.'.' '.'.'.'.'. 



truck 



White 



COMPARATIVE UGH AND LOW NEW YORK SPOT RUBBER 



PLANTATIONS: 



First latex crepe. . .$0.48J^@$0.45*S 



PARAS: 



.Smcikcl sheet ribbed .4854® .45 54 



U|>rivcr, fine 4254® .4154 



Upriver, coarse 3\V*@ .3154 



Islands, fine 42 @ .41 



Islands, coarse 2054® .20'4 



Cameta 21)4® .21 



'I'igurcd only to March 26, 1920. 



THE MARKET FOR COMMERCIAL PAPER. 



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

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

 advises as follows: 



"During March there has been a fair demand for paper from out-of-town 

 banks, and early in the month the best names went at 654 to 7 per cent, 

 but the latter part of the month the minimum rate has been 7 per cent, 

 and considerable amounts of paper have been offered at 754 per cent." 



