June 1, 1920.] 



THE INDIA RUBBER WORLD 



617 



Review of the Crude Rubber Market. 



NEW YORK. 



THE LEADING FE.^TURES of the crude rubber market for the 

 past momh have been duHness and decline. Manufacturers 

 liave exhibited very little interest in the various market posi- 

 tions and have bought only in small lots. Large manufacturers 

 have been more interested in the fabric than in the rubber sit- 

 uation. 



Industrial operations generally have been seriously hampered 

 liy the long continued series of railroad strikes, car shortages 

 and freight embargoes. These conditions have lessened demand 

 as well as production in all lines and are the basic reasons for the 

 lack of interest in crude rubber. A marked example of this is 

 seen in the fact that transportation difficulties in the movement 

 of raw materials and finished goods have forced rubber manu- 

 facturers in the Akron district to curtail their output practically 

 SO per cent by stopping work on Saturdays and discontinuing 

 the night shift completely. 



There has been some buying activity among crude rubber 

 dealers who have been securing spot rubber to cover contracts 

 as the market sagged off. Early in the month there was a large 

 quantity of ribbed smoked sheets in New York, much of it 

 shipped in from London storage. 



The rubber markets in London and the Far East ruled firmer 

 and higher than that in New York, where the impression has 

 prevailed that large stocks of crude rubber in the hands of 

 manufacturers and the congestion of shipping facilities will 

 operate to send rubber prices lower. Prices for plantation and 

 South American rubber at the beginning and toward the end of 

 the month are shown in the following quotations : 



Plantations. May 1, first latex crepe, spot, 43J4 cents ; May- 

 June, 44 cents ; July-September, 44-45 cents ; July- December, 45-46 

 cents; October-December, 4SJ4 cents; January-June, 1921, 47- 

 47;4 cents. 



May 24, spot, 39 cents; May-June, 39 cents; July-September, 

 40 cents ; October-December, 42}/$ cents ; January-June, 1921, 

 44j/^-45 cents. 



May 1, ribbed smoked sheets, spot, 43 cents; May- June, 43}/^ 

 cents; July-September, 39J4-40J4 cents; July-December, 4Sj4 

 cents ; January-June, 1921, 47 cents ; May 24, spot, 38^ cents ; 

 May-June, 38^ cents ; July-September, 38j^-40i4 cents ; October- 

 December, 42J4 cents ; January-June, 1921, 44^4 cents. 



May 1, No. 1 amber crepe, spot, 45 cents ; May-June, 43 cents ; 

 July-December 43 cents; May 24, spot and futures, 38 cents. 



May 1, No. 1 rolled brown crepe spot, 34-35 cents ; May- 

 June, 33 cents ; May 24, spot and futures, 30 cents. 



South American Paras and Caucho. May 1, spot prices, 

 upriver fine, 41 J4 cents, islands fine, 42 cents; upriver coarse, 

 31 cents; islands coarse, 22 cents; Cameta coarse, 21 cents; 

 caucho ball, 31 J4 cents. May 24, upriver fine, 39 cents; islands 

 fine, 40J/2 cents ; upriver coarse, 28J^ cents ; islands coarse, 21 

 cents; Cameta coarse, 22 cents; caucho ball, SO'/i cents. 



NEW YOKK quotations. 



Following are the New York spot quotations, for one year 



ago, one month ago, and May 25, the current date : 



June 1, May 1, May 25, 



1919. 1920. 1920. 

 PLANTATION HEVEA— 



First latex crepe $0.46 @.47 $0.42^^@.43 $0.38 @.39 



Amber crepe No. 1 44 (3 .44 (3.45 .38 @.38;'5 



Amber crepe No. 2 43 {3 .43 & .37 &.37yi 



Amber crepe No. 3 42 @ .42 @ .36 @.36'/2 



Amber crepe No. 4 41 ® .41 @ .35 @ 



Brown crepe, thick and 



thin clean 41 (ffl .42 ® .35 0.36 



Brown crepe, thin specky. (§ .39 @ .30 @ 



Jimol, May 1, May 25, 



1919. 19J0. 1920. 

 PLANTATION HEVEA— 



Brown crepe, rolled $0.32 @ $0.34 (<? $0.30 @ 



Smoked sheet, ribbed, stan- 

 dard quality 45 @.46 .42'A@.43 .38 @.3S'A 



Smoked sheets, plain, Stan. 



dard quality 43 (3 44 .40 @ .36H(?.37J^ 



Unsmoked sheet, standard 



^quality 42 (3.43 @ .35 @ 



Colombo scrap No. 1 32 (3 .35 @ .30 @ 



Colombo scrap No. 2 29 @.30 .32 @ .28 @ 



EAST INDIAN— 



Assam crepe (3) @ @ 



Assam onions (3) @ © 



Penang block scrap 39 (ffl (a @ 



pontianak— 



Banjermassin 14 (B).15 .13 @ .12 @ 



Palembang uv @ . 1 3 @ 



Pressed block 16 (ffi.]7 .25 @ .25 @ 



Sarawak 12 (S).14 @ @ 



SOUTH AMERICAN- 

 PARAS^ 



Upriver fine 56!4@ .42 @ .39K@ 



Upriver medium 52 ® .39 @ .37 @ 



Upriver coarse 34 .3 .31 (S .30 @ 



Upriver weak, fine 44 O .36 (g .36 @ 



Islands, fine 47 @ 'Al'/i@ A0>A@A1 



Islands, medium 43 & *.38 @ .38 @ 



Islands, coarse 21 (3 .22 (3 *.22 @ 



Cameta, coarse 22 (3 .22 (3 ♦.22 @ 



Madeira, fine (Si .44 @ .43 @ 



Acre Bolivian, fine (^ .42J/2@ .41 @ 



Peruvian fine .53 54(3 .40 p .37 (3 



Tapajos fine 53^^ @ .40 @ .38 @ 



CAUCHO— 



Lower caucho ball (3 .29 (3 .28 @ 



Upper caucho ball 34J4@ .32J^@ .30!4(a.31 



MANICOBAS — 



Ceara negro heads 36 (3 *.33 (3 .32 @ 



Ceara scrap 32 (ii ',30 @ .26 (3 



Manicoba, 30% guaran- 



. tee 34 (3 '.30 @.33 .30 @ 



Mangabeira thin sheet.. .38 @ .31 @ .30 @.3I 



CENTRALS— 



Corinto scrap 32 @ .29 13.30 .25 @.26 



Esmeralda sausage .32 (3 .29 (3.30 .25 @.26 



Central scrap 31 (3 (3 .25 @.26 



Central scrap and strip... .29 (3 .27 @.28 .23 (3.24 



Central wet sheet 23 (3 .19 @ .18 @.19 



Guayule, 20% guarantee. . .28 @ .28 @ .27 & 



Guayule, washed and dried .40 (3 .38 @ .37 @ 



AFRICANS— 



Niger flake, prime 23 @ .18 (3 .17 @ 



Benguela, extra No. 1, 28% .32 @ .25 @ .18 @ 



Benguela, No. 2, 32^%.. .30 ffl .21 (3 .15 ^ 



Congo prime, black upper. *.42 @ .37 (3 .36 @ 



Congo prime, red upper... '.40 (3 .33 @ .20 @ 



Kassai black @ @ .36 @ 



red (3 .35 (3 .22 @ 



Rio Nunez ball ' *.50 @ .36 @ .35 @ 



Rio Nunez sheets and 



strings '.50 @ .34 (g .34 @ 



Conakry niggers *.50 @ .34 @ .33 <S 



Massai sheets and strings. '.50 @ .34 @ .33 @ 



GUTTA PERCHA— 



Gutta Siak 24 i3 .30 @.31 .29 @ 



Red .Macassar 3.15 @ 2.70 @ 2.60 @ 



BALATA— 



Block, Ciudad Bolivar 80 (3.85 .67 @.68 .70 @ 



Colombia 60 @.62 .53 @.54 .50 @.52 



Panama 40 (3.45 .48 @.5« .48 @ 



Surinam sheet 1.00 ^ .84 @ .84 @ 



amber 1.03 @ .86 (3 .86 @ 



■Nominal. 



RECLAIMED RUBBER. 



Owing to congested transportation conditions deliveries of re- 

 claimed to the rubber manufacturers have been much curtailed 



during both April and May. Overdue stocks are now urgently 



sought and buying for future delivery has practically ceased for 

 the time being. 



Reclaimers have been forced by exhaustion of their fuel sup- 

 plies to curtail operations or cease for weeks at a time. Condi- 

 lions are now improving and the mills are resuming work as 

 rapidly as possible under the circumstances. 



