THE INDIA RUBBER WORLD 



847 



Review of the Crude Rubber Market. 



TiiE CL-RTAiLMENT ill tire production that coniniuuccd in July 

 was continued during August and is now at the lowest 

 level known in the history of the industry. This means 

 that 8,000 tons of crude rubber consumed monthly in tires must 

 be carried over until conditions change. The industry as a 

 wliole, however, is in strong hands, and competent to cope with 

 the unusual situation. 



Depression ruled in the crude rubber market during the first 

 week of August, when small interest was shown by manufac- 

 turers or dealers other than small lot buying for immediate re- 

 quirements. The report of another liquidation in the rubber 

 importing business further depressed the market, resulting in 

 a new low level of 29y3 cents for both late.x crepe and smoked 

 sheet ribbed, spot rubber. 



Quiet conditions continued throughout the month, with slight 

 price advances, due to contract covering on the part of short 

 interests that gave support to a market technically weak through 

 lack of manufacturers' business. The situation is top-heavy. 

 Rubber is constantly going into storage in New York, 20,000 

 tons being the reported figure, and factory store rooms are filled 

 with rubber. 



-Arrivals during July were 15,884 tons, compared with 17,965 

 a year ago. Total arrivals for seven months ended July 31, 

 1920, were 167,773 tons, compared with 131,694 tons last year. 

 Future arrivals will be less and less, as buying has been 

 restricted in producing centers and surplus stocks stored by the 

 large holders, who are abundantly prepared to meet the tem- 

 porary contingency. 



Spot and future quotations on standard plantation and Brazilian 

 sorts at the first and last of the past month were as follows : 



Plantations. August 2, first latex crepe, spot, 30 cents ; 

 October-December, 34^ cents; January-June, 39^ cents. 



August 26, first latex crepe, spot, 31 to 3114 cents; October- 

 December, 34 cents ; January-June, 38 to 38>1 cents. 



August 2, ribbed smoked sheets, spot, 29'/3 cents ; October- 

 December, 34 cents ; January-June, 39 cents. 



August 26, ribbed smoked sheets, spot, 30 to 30>^ cents ; Oc- 

 tober-December, 33 to 33}^ cents ; January-June, 37 cents. 



August 2, No. 1 amber crepe, spot, 29 cents. 



-August 26, No. 1 amber crepe, spot, 28 to 29 cents. 



August 2, No. 1 rolled brown crepe, spot, 25 cents. 



August 26, No. 1 rolled brown crepe, spot, 24 cents. 



South American Par.\s and Caucho. August 2, upriver, 

 fine, spot, 34^2 cents ; islands fine, 32 cents ; upriver coarse, 22 

 cents; islands coarse, 20 cents; Cameta coarse, 18 cents; caucho 

 ball, 23J4 cents. 



August 26, upriver fine, spot, 31 to 30 cents ; islands fine, 28 

 cents; upriver coarse, 21 J/2 to 22 cents; islands coarse, 19 cents; 

 Cameta coarse, 17 cents; caucho ball, 22 cents. 



NEW YORK QUOTATIONS. 



Following are the New York spot quotations, for one year 

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



September], August 2, August 26. 



1919. 1920. 1920. 



PLANTATION HEVEA— 



First latex crepe $O.45!^0i $0.30 (a $0.31 (» 



Amber crepe No. I M'A® .29 @ .29 (S) 



Amber crepe No. 2 40^(3) .28 (3 .28 O 



Amber crepe No. 3 39</i(?p 



Amber crepe No. 4 3S<A^ 



Brown crepe, thick and thin .38!4@ 



Brown crepe, specky .36Va@ 



Brown crepe, rolled 32 @ 



Smoked sheet, ribbed, 

 st.nndard quality 44 O 



Smoked sheet, plain stand- 

 ard quality 41 (ffl 



PLANTATION HEVEA— 



Unsniokcd sheet, stand- 

 ard quality $0.39 @ 



Colombo scrap No. 1 .il @ 



Colombo scrap No. 2 31 (jS 



EAST INDIAN— 



.Assam crepe ".58 @ 



Penang black scrap *.40 @ 



I'ONTIANAK— 



Banjermassin lOKW 



Palembang 11)4@.12 



Pressed block 21 (a) 



Sarawak 09J4@ 



SOUTH AMERICAN- 

 PARAS— 



IJpriver fine 54H@ 



Upnver medium 51}i@ 



Upriver coarse 3IJ/j@ 



Upriver weak, fine 40 @ 



Islands, fine 48 @ 



Islands, medium 44 @.45 



Islands, coarse .21 @ 



Cameta, coarse 21 K@ 



Madeira, fine 55 @ 



Acre Bolivian, fine 54'4@.55 



Peruvian fine il @ 



Tapajos, fine 53 @ 



CAUCHO— 



Upper caucho ball 31 @ 



Lower caucho ball 29 @ 



.MANICOBAS— 



Ceara negro heads *.34 @ 



Ceara scrap *.29 @ 



Manicoba, 30% guarantee * .12 @ 

 Mangabeira thin sheet. . *.38 @ 

 CENTRALS- 



Corinto scrap .31 @ 



Esmeralda sausage 31 @ 



Central fcrap 31 @ 



Lintral scrap and strip... .29^® 

 ("entral wet sheet 23 @ 



Guayiile, washed and dried .35 @ 



AFRICANS— 



Niger flake, prime @ 



Benguela, extra No. \,Z%% •.24 @ 



Benguela, No. 2, 32'/^%.. ".25 @ 



Conakry niggers @ 



Congo prime, black upper. .iA'A@ 



Congo, prime, red upper.. .34 @.35 



Kassai bl.ick @ 



red @ . 



Rio Nunez ball '. @ 



Rio Nunez sheets and strings @ 

 GUTTA PERCHA— 



Gutta Siak 20 @.23 



Red Macassar 2.50 @2.60 



BALATA— 



Block, Ciudad Bolivar 70 @.74 



Colombia 56 (3.58 



Panama 45 @.48 



Surinam sheet 90 68.92 



amber 92 @.94 



RECLAIMED RUBBER. 



August business in reclaimed rubber has continued to be 

 quiet and in about the same volume as the previous month. 

 Transportation facilities have improved somewhat, with the 

 result that deliveries are being made more promptly, although 

 delays are still experienced. The tire production curtailment 

 has to a certain degree affected this market, and is reflected in 

 fewer inquiries from solid tire makers. Prices on all grades are 

 practically the same as a month ago. 



NEW YORK aUOTATIONS. 

 Avci'ST 26. 19-'0. 

 Prices subject to change without notice. 

 ■STANDARD RECI^IMS: 



Floating $0.27 @$0.32 



Friction 25 @ .30 



Mechanical 12 @ .13 



Kcd 22 @ .23 



Shoe 15)4@ .1654 



Tires, auto 16 @ .17 



truck 12JiO .I3'/J 



White 22 @ .25 



