August 1, 1920] 



THE INDIA RUBBER WORLD 



Review of the Crude Rubber Market. 



NEW YORK. 



Wilis first latex cri-pc was quoted on tlic spot at 30 cents 

 during the last week of July, the low record was es- 

 tablished for this standard grade. The absence of sellers 

 and the lack of buying interest on the part of manufacturers 

 were infiuencial factors in the support of the market. 



Conditions in the plantation rubber market during the past 

 month have been generally quiet and prices steady although the 

 tendency has been downward. There was a marked scarcity 

 of sellers, and other than dealers' business, little buying has 

 been done as the manufacturers evidently believe that the bot- 

 tom has not been reached. In fact, several large buyers be- 

 came September sellers as futures were out of all proportion to 

 spot quotations. 



Paras have kept company with plantations being ruled by the 

 same market conditions, but prices are believed to have reached 

 rock bottom. 



Spot and future prices for plantation and South American rub- 

 ber at the beginning and toward the end of the month are shown 

 in the following quotations : 



Plantations. July 1, first latex crepe, spot, 35 cents; July- 

 September, 37 cents ; October-December, 40J4 cents ; January- 

 June, AiVi cents. 



July 26, first latex crepe, spot, 32 cents ; July-September, 33y3 

 cents ; October-December, 37 cents ; January-June 42Vz cents. 



July 1, ribbed smoked sheets, spot, 35 cents ; July-September, 

 Mi'A cents; October-December, 40-)4 cents; January-June, 43^2 

 cents. 



July 26, ribbed smoked sheets, spot, 31^2 cents; July-Sep- 

 tember, 33'/i cents ; October-December, 3654 cents ; January- 

 June, 42 cents. 



July 1, No. 1 amber crepe, spot, 38 cents. 



July 26, No. 1 amber crepe, spot, 30 cents. 



July 1, No. 1 rolled brown crepe, spot, 29 to 30 cents. 



July 26, No. 1 rolled brown crepe, spot, 27J^ cents. 



South American Paras and Caucho. July 1, upriver 

 fine, spot, 35 to 36 cents ; islands fine, 37 cents ; upriver 

 coarse, 26 cents ; islands coarse, 21 cents ; Cameta coarse, 20'4 ; 

 caucho ball 27 cents. 



July 26, upriver fine, spot, 34y2 cents ; islands fine, 33 cents ; 

 upriver coarse, 23 cents ; islands coarse, 20 cents ; Cameta 

 ciiarse, 19 cents; caucho ball, 21 to 24 cents. 



NEW TOEK QUOTATIONS. 



Following are the New York spot quotations, for one year 

 ago, one month ago, and July 26, the current date: 



.\ugustl, Julyl, July 26, 



PLANTATION HEVEA— 1919. 1920. 1920. 



First latM crcK $0.41 @.41}4 $0.35 @.36 $0.32 @ 



Amber crepe No. 1 38 m .38 @ .30 @ 



Amber crepe No. 2 37 (S .35 @.3fi .29 @ 



Amber crepe No. 3 36 @ ■ .34 @.35 .28'/i@ 



Amber crepe No. 4 35 @ .33 @.34 .27'A@ 



Brown crepe, thick and 



thin clean 35 @ .33 @.35 .29 @ 



Brown creiie, thin specky. . .32 @ .31 @ .28 @ 



Brown crepe, rolled 29 @.2954 .30 @ .26>^@.27^S 



Smoked sheet, ribbed, stand- 

 ard quality 40 @ .35 @ -ii'/i® 



Smoked sheet, plain, stand- 

 ard quality 39 @ .36 @ .30 la 



Unsmokcd sheet, standard 



qualilv 38 @ .33 @ .25 @ 



Colombo scrap No. 1 32 (ffl .30 (3> .23 @ 



Colombo scrap No. 2 30 @ .28 (ffl .2l'/i(!i ' 



EAST INDIAN— 



.•\ssam crepe '.58 (5) @ (B 



.\ssam onions (S> @ @ 



Prnang block scrap '.40 @ @ @ 



PONTIANAK — ^ 



Banjermassin 1354 1» AZ'/i^ ' .12 @ 



Palcmbanof \4</,(^ @ .13 @ 



Pressed block 21/, (9 .24 (S) .23 @ 



Sarawak 11 @ @ : @ 



SOUTH AMERICAN— 



I'liriver fine $0.54^0.55 



Upriver medium *.52 @ 



I'priver coarse 32 @ 



t'priver weak, 6ne 39 '@ 



Islands, fine 48 @ 



Isl.and*. medium •.44 @ 



lsl:m.ls coarse '.21 @ 



M'a^U-iia. fine .'.['.W. '.'.'.'. '.55K.@ 



.Acre Bolivian, tine 55 (* 



Peruvian fine 53 @ 



Tapajos fine 53'A@ 



CAUCHO — 



Lower caucho ball 29 @> 



Ui)per caucho ball 48 (» 



MANICOBAS — 



(tara tieip-o heads *.34 @ 



Jlanicuba, 30% guaran- 

 tee •.32 (S> 



Mangabeira thin sheet ^.38 @ 



CENTRALS— 



Corinto scrap 31 @ 



Esmeralda sausage 31 (ai 



Central scrap 31 @ 



Central scrap and strip 29 @ 



Central wet sheet 20 @.21 



Guayule, 20% guarantee 25 @ 



Guayule, washed and dried. .35 @ 



AFRICANS- 



Niger flake, prime @ 



Benguela, extra No. 1, 28% .24 @ 



Benguela, No. 2, 32'/,% 25 (n> 



Conaky niggers @ 



Congo prime, black upper. . .35 @ 



Congr.- prime, red upper 35 @ 



Kassai olack (Hi 



led @ 



Massai sheets and strings... ti§ 



Rio Nunez liall ... @ 



Rio Nunez sheets and strings (3) 



GUTTA PERCHA— 



Cutta Siak 22 rS 



Re.l Macassar 2.60 @ 



BALATA— 



Block. Ciudad Bolivar 78 O 



Colombia 61 (cii.62 



Surinam sheet 93 @.94 



amber 94 (ft. 95 



$0.35 @.36 , $0.34}^@.35 



.33 @ 



.37 @ 



.35 @ 



.21 m 



.20 @.2cy, 



.40 @ 



■ 39 @ 



'.i6yi@ 



'.36 @ 



.27 @.28 



@ 

 @ 



@.22 

 @.20 



RECLAIMED RUBBER. 



.\ hcaltliy roqucst for reclaims has Ijcen maintained during 

 July, although transportation facilities continue poor and de- 

 liveries uncertain. The mechanical goods factories were soiuc- 

 what less busy than a month ago and there is an appreciable 

 slowing down in tire production, resulting in easier conditions and 

 lower pricrs fur crnain grades of reclaimed ruM)iT. 



NEW YORK QUOTATIONS. 

 July 26, 1920. 

 Prices subject to change without notice. 

 Standard reclaims: 



Floating $0.27 d 



Friction 25 i 



Mechanical 12 i 



Red 22 



Shoe 1SH6 



Tires, auto 16 <i 



truck U'Ai 



THE MARKET FOR COMMERCIAL PAPER. 



to (he financial situation, .\lbcit 1!. I'.ccrs, brok 

 commercial paper. No. 1 Liberty street, New York i 



rcga 



rubber and • 



"During July the demand for commercial paper has been very limi 

 and almost entirely from out-of-town banks, rates rtrling .it 8;4 to S'/i 

 c.-nt for the best rubber names, and even higher for those not so ' 



