THE INDIA RUBBER WORLD 



541 



Re\ iew of the Crude Rubber Market. 



NEW YORK. 



THK CRUDE RiBBER MARKET was dull tlirougliout April with a 

 >hari) decline toward the end nf the month. The littlr 

 trading in evidence was purely speculative, as the manu- 

 facturers continued to refrain from buying. The large arrivals 

 of crude rubber continue and the rate of exchange and the 

 strikes may have affected prices. Paras were dull, with little 

 trading and little change in prices. 



Prices for plantation and South American rubber at the be- 

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

 following quotations: 



Pl.\.\t.\tions. April 1, first latex crepe, spot 465/^ cents; May- 

 June, 47J4 cents; July-September, 48.54 cents; July-December, 

 49>1, cents; January-June, 1921, 51;.^ cents; April 26, spot, 

 42^ cents ; May-June, 43!4 cents ; July-September, 44 cents : 

 July-December. 44'/> cents; January-June, 1921, 47 cents. 

 .April 1, ribbed smoked sheets, spot, 46 cents; May-June, 47;4 

 cents ; July-September, 48J4 cents ; July-December, 49J/2 

 cents; January-June, 1921, Sl"^ cents; .April 26, spot, 42}4 

 cents ; May-June, 42}<2 cents ; July-September, 44 cents ; 

 July-December, 445^ cents; January-June, 1921, 47 cents. 

 .\pril 1, No. 1 amber crepe, spot. 46 cents; May-June, 46 

 cents; July- December, 47 cents; .\pril 26, spot and futures. 

 45 cents. 

 April 1, No. 1 rolled brown crepe, spot, 40 cents; May-June. 

 40 cents ; July-December, 40'/. cents ; April 26, spot and 

 futures, 35 cents. 

 South .A.merican Paras ano Caucho. April 1, spot prices: 

 upriver fine 42 cents, islands fine 41"/^ cents, upriver coarse 

 31 cents, islands coarse 21}/ cents, Cameta coarse 22 cents, 

 caucho ball 32 cents. 

 .\pril 26, upriver fine 42 cents, islands fme 40-41'/j cents, 

 upriver coarse 31 cents, islands coarse 22 cents, Camet.-i 

 coarse 22 cents, caucho ball 31!/ cents. 



NEW YORK aUOTATIONS. 



Following are the New York spot quotations, for one year 

 ago, one month ago and on April 26, the current date : 



May 1. April 1, April 26, 



PLANTATION BCEVEA— 1919. 1920. 1920. 



First latex crepe $0.48J4@ $0.46^@.47 $0.42!^@.43 



Amber crepe No. 1 46 @ .46 @ .44 @.45 



Amber crepe No. 2 45 @ .45 H@ .43 (a 



.\mber crepe No. 3 44 @ .44J4@ .42 (ffi 



.\mber crepe No. 4 43 @ .42>4@ .41 @ 



Brown crepe, thick and 



thin, clean 43 @ .43 @ .42 @ . 



Brown crepe, thin specky 41 la .41 @ .39 @ 



Brown crepe, rolled 34 @ .40 @ .34 @.35 



Smoked sheet, ribbed, stan- 

 dard quality, 47K.@ ,46 la .42^@,43 



Smoked sheets, plain, stan- 

 dard quality 46 (ff AS & .40 @ 



Unsraoked sheet, standard 



quality 44 (3 (3 @ 



Colombo scrap No. 1 33 m> ,33 @ .35 @ 



Colombo scrap No. 2 30 fa ,31 (dj .32 @ 



EAST INDIAN— 



Assam crepe @ @ @ 



,\ssam onions @ & @ 



t'enang block scrap 39 (&• S^ (3 



PONTIANAK — 



Banjermassin 14 (3.17 .13 (S .13 @ 



Palembang (S) (3 @ 



Pressed block 23^4@.25 ,25 & .25 @ 



Sarawak 14^^(5) (a @ 



SOUTH AMERICAN- 

 PARAS— 



Upriver fine 56^ @ .42 @.42y, .42- @ 



Upriver medium @ .39yi&.A0 .39 @ 



Upriver coarse 34V5@ 31 @ .31 @ 



Upriver weak, fine 43 ® .35 (» .36 O 



Islands, fine '.48 # Al'A&i 'A\'/i& 



Islands, medium '.43 & .39^^.40 ',38 roi 



Islands, coarse •.22 @ .21 (<v.2iyj .22 & 



Cameta, coarse •-23 w> .22 (3 .22 & 



Madeira, fine ® @ .44 @ 



.•\cre Bolivian, fine dt rn> .42 !4® 



Peruvian, fine 53 @ .405^0 .40 ffl 



Tapaios. fine 53 O @ ,40 (S 



SOUTH AMERICAN— y^^, , 



I AUCHO — • 1919. 



Lower caucho ball $0.31 @ 



Upper caucho ball 36 @ 



MANICOBAS — 



Ceara negro heads 36 fS 



Ceara scrap 26 @ 



Manicoba, 30% guaran- 

 tee 34 (a 



Mangabeira thin sheet 36 @ 



CENTRALS— 



Corintu scrap 33 (je 



I'^smeralda sausage 33 ^ 



Central scrap 32M@ 



Central scrap and strip 32 @ 



Central wet sheet 22 @ 



C.uayule. 20% guarantee 30 @ 



Guayule. washed and dried. .40 @ 

 AFRICANS— 



.Viser flake, prime 22 @ 



Censuela. extra No. 1. 289!.. @ 



l:enguela. No. 2, 32K% @ 



t ongo prime, black upper. . .42 @ 



Congo prime, red upper 40 @ 



K.'issai black @ 



Rio Niiniz ba'li .'.;.'.■.■.■ .'.'!.■.■ .50 @ 

 Rio Nunez sheets and 



strings 50 @ 



Conakry niggers 50 @ 



Massai sheets and strings... .50 @ 

 GUTTA PERCHA— 



Cutta Siak 26 @ 



Red Macassar 3,20 @ 



BALATA— 



IMock, Cindad Bolivar 76^. <S) 



Colombia (&; 



Panama 46 (3.4 



Surinam sheet 97 w ,9 



.67 @.68 



.53 @.54 

 .48 @,50 



RECLAIMED RUBBER. 



Essentially the same conditions which prevailed in the re- 

 claimed rubber market during February and March controlled 

 the situation of reclaimed in all grades during April. Reclaimers 

 arc oversold for from two to three months, consequently are 

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

 and remain as reported last month. Current buj-ing is in rela- 

 tively small volume and large users are not seeking to make 

 commitments beyond the middle of the year, 



NEW YORK QUOTATIONS. 



.\pril 26. 1920. 

 Prices subject to change without notice. 

 Standard reclaims: 



Floating $0.30 @$0.35 



Friction 35 @ .40 



Mechanical 12"/^® .13',^ 



Red 23 @ .24 



Shoe 16 @ .16H 



Tires, auto 16 @ .17 



truck 13 @ .14 



White 22 ffl .25 



COMPARATIVE HIGH AND LOW NEW YORK SPOT RUBBER 

 PRICES. 



April. 



^■1920. 1919. 1918, ' 



PLANTATIONS: 



First latex crepe. ,$0.46 VS (3 $0,42'^ $0.51 @$0,47K' $0,70 (S$0,59 



Smoked sheet ribbed .46 @ .42 .50 @ .47 .70 @ .59 



PARAS: 



Upriver. fine 42 (SS ,41 '< .56 O .56 .70 (?» ,60 



Upriver. coarse 32 @ .31 .34 @ .34 .39 @ .34 



Islands, fine 42 @ .41 .47!^ @ .47y, .55 (3 .48 



Islands, coarse 21J^@ .21V^@ .2154 .28 @ .23 



CametS 22^5® .22;-5@ .22Ji .28 ® .23 



'Figured only to April 26, 1920. 



THE MARKET FOR COMMERCIAL PAPER. 



In regard to the market for crude nihbcr paper. Albert B. Beers. 1 

 Liberty street, New York Cftv. advi«s ;;« fallows: 



"During April there has been a fair .l.mand for paper from out-of-town 

 hanks, but New York banks have been buying very little. Rates on the 

 best rubber names have ruled at 7 to 7'< per cent, mostly the higher rate." 



