THE INDIA RUBBER WORLD 



473 



THE MARKET FOR RUBBER SCRAP. 

 NEW YORK. 



E.\RLv IN THE MONTH the rubber scrap market labored under 

 adverse conditions such as shipping difficulties and lack of 

 interest on the part of reclaimers in anticipation of lower prices 

 incident to the spring collections of tires and shoes, .\lready 

 there is a decreasing firmness noted in the prices asked for boili 

 these grades. 



The crude rubber market has been quiet and there has been no 

 beneficial effect on scrap rubber. Consumers of scrap are favor- 

 ing the scrap at present which is a good thing for the trade in 

 view of the tremendous supplies in that line. 



QUOTATIONS FOR CARLOAD LOTS DELIVERED. 



March 25, 1920. 

 Prices subject to change without notice. 

 BOOTS AND SHOES: 



and fhoes 



L'litrimmed arctics 



HARD RUBBER: 



Battery jars, black compound. 



Compouuded 



Red 



MECHANICALS: 



Ulack scrap, mixed. No 



Hose, air brake, . 

 fire, cotton 

 garden . . 



Insulated wire str 



Mauing 



Red packing . . . 



Red scrap. No. 1 

 No. 2 



White scrap No. 



ng, free from fiber. 



TIRES: 



PNEUM.\TIC— 



Auto peelings 



Bicycle 



Standard vv.iite auto 



Standard mixed auto 



Stripped, unguaranteed 



White. G. & G.. M. & W.. and U. S 



SOLID — 



Carriage 



iwic v. . . .....■.■■.■.■.■.■.■.■.■.'.■.■.■.■.'.■.'.■.■.'.'.:! :;;;;: 



THE MARKET FOR COTTON AND OTHER FABRICS. 



NEW YORK. 



AMERICAN Cotton. The market for cotton has continued 10 

 be remarkably dull, sales being recorded on two days only. 

 The spot price for middling uplands cotton was 40 cents on 



March 1. it rose gradually through the ne.\t ten days to 41 cents 

 and stayed at that price without variation and with no sales for 

 nearly two weeks; at the end of the month there were fluctua- 

 lions, the price going to 43.25 cents on March 23. and dropping 

 again to 42 cents, the price quoted March 24. The boll weevil 

 is apparently spreading throughout the South. The English 

 threat of ceasing to purchase .American cotton has not been 

 taken seriously on either side of the Atlantic. 



Egvpti.\n Cotton. During February the Alexandria market 

 fluctuated violently, owing to speculation, largely among the 

 native merchants. The prices were so high that e.xport houses 

 ceased to deal in futures. They are believed to have practically 

 filled all their contracts. The actual sales have been very small 

 and the spot market dull, Sakellarides bringing $3 to $4 above the 

 future price toward the end, though $8 to $10 more was paid for 

 it in the middle of the month. The e.xtreme future prices reached 

 for March delivery were $198 and $165 per cantar, the last quo- 

 tation being $181.50 for March and $140 for November. There 

 is no doubt that there is a shortage of Sakellarides that can be 

 delivered and spinners and exporters are holding ofT until the 

 market settles. 



During the last week of March it was reported that Sakellar- 

 ides has recovered, after the recent decline, and is holding firm 

 in Alexandria at $1.37 for the better grades. This growth still 

 remains dear with a high basis over contracls. but uppers and 

 brown cottons are neglected. 



