February i, 1908.] 



THE INDIA RUBBER WORLD 



167 



Review of the Crude Rubber Market. 



THEKE lias been no change in the conditiuns of ihc crude 

 ruhlxr market during the past month worth chronichng 

 licre. Quotations for Para sorts, particuhirly, are lower 

 than at the Ix-ginning of the month, but trading has been so in- 

 active that prices named arc little more than nominal, and have 

 little bearing upon what market levels may be reached when con- 

 sumers begin again to call for rubber more freely. 



The production of rubber of all grades was larger during 1907 

 than for any former year, and, in view of the somewhat reduced 

 consumption during the latter part of the year, visible supplies 

 have increased materially. Meanwhile stocks in factories are be- 

 lieved to 1)e nmch larger than for some years past, owing to the 

 fact that with the beginning of the last marked decline large 

 consimiers placed orders in excess of their usual demands. 



Should production continue at the present rate, it is likely to 

 be some time before tlie normal relation between supply and de- 

 mand is restored. There are indications, however, that present 

 prices will lessen the activity of collectors of forest rubber, at 

 least after the current season, just as the high prices for .some 

 years past have stimulated collection. All European authorities 

 mention the decline of activity in the American trade as a fea- 

 ture of importance in the fall in prices of crude rubber, and in 

 view of the recuperation from the recent business depression it 

 seems to be taken for granted that the rubber industry will soon 

 resume its wonted busy condition. This prediction doubtless 

 is well founded, though the present "open" winter doubtless will 

 liave the effect of a reduced consumption of rubber for footwear 

 in the coming business year. But as intimated above, an imme- 

 diate increase in the manufacturing activity would not remove the 

 stocks of rubber which have been accumulating for some months 

 past, and which must be worked ofif before new rubber arriving 

 will be in demand at liigher than present rates. 



Following are the quotations of New York for Para grades 

 one year ago, one month ago, and January 30 — the current date: 



P.\R.\. Feb. I, '07. 



Islands, fme, new 1 18 @lig 



Island.s, tine, old none here 



Upriver, tine, new 123 ©124 



Upriver, line old 127 @I28 



Islands, coarse, new 72 @ 72;/2 



Islands, coarse, old none here 



Upriver, coarse, new 97f'2@ 98 



Upriver. coarse, old none here 



Caueho (Peruvian), sheet 78 @ 79 



Caucho (Peruvian), ball 96 (g 97 



Ceylon (Plantation) line slieet. 137 ©138 



.■\fric.-\n. 



Sierra Leone, 1st Lopori ball, prime 65'f<66 



quality 72(fC73 Lopori strip, prime (5ofr)6i 



Massai.' red 72(S>73 Madagascar, pinky (y^CMs 



Benguella 48@49 Ikelemba none here 



Accra flake I2(a'i3 Soudan niggers 65(566 



Cameroon ball 47((i'4S 



Centr.\ls. 



Esmeralda, sausage 56(5)57 IMexican. scrap 55''?56 



Guayaquil, strip 48(®49 Mexican, slab 40(a4i 



Nicaragua, scrap 55(S!56 Mangabeira. sheet 42@43 



Panama 42(^43 Guayule 29^30 



E.\ST Indian. 



Assam 64(^65 



Late Para cables quote ; 



Per Kilo. 



Islands, fine 3$350 



Islands, coarse 2$ooo 



Latest Manaos advices : 



LIpriver, line 4$35o 



Upriver, coarse 2$350 



Borneo 31(532 



Per Kilo. 



L'fpriver, line 4$ioo 



L'priver, coarse 3$ooo 



Exchange 15 7/32^. 



Exchange 15 3/i6rf. 



Statistics of Para Rubber (Excluding Caucho). 



New York. 



Fine and Total. Total. Total. 



Medium. Coarse. 1907. 1906. 1905. 



Stocks. November 30. .. .7'o»i 70 65 = 135 98 154 



Arrivals, December 794 284=1078 2136 1288 



Aggregating 



Deliveries. December. 



864 

 779 



349 = 1213 

 320 = 1099 



2234 

 2058 



1442 

 1320 



Par.\. 



1907. 1906. 1905. 



Stocks, November 30. .7"oH J 140 860 395 



Arrivals, December 2285 2555 2985 



114 176 122 



England. 

 1907. 1906. 1905. 

 640 380 505 

 1015 735 IC90 



Aggregating 



2425 3415 3380 



Deliveries, December 2177 3415 2795 



1655 

 825 



1115 

 750 



1595 

 1025 



Stocks. December 31 248 



585 830 365 

 1907. 1906. 



World's visible supply. December 31 . . .tons 2,484 1.978 



Para receipts, July i to December 31 12,900 13,400 



Para receipts of Caucho, same dates 1,340 1,205 



.\tIoat from Para to United States, Dec. 31 ■ 585 952 



.Afloat from Para to Europe. Dec. 31 707 485 



Morsk's Statistics or New York Arrivals. 



1904. 



Fine Para Ions 9526 



Coarse Para 4841 



II Centrals 4052 



East India and .\frica 9204 



Total 



27623 



'905- 

 8973 

 4908 



4475 

 10279. 



28635 



1906. 

 9959 

 5 '69 



5884 

 8924 



570 



1905. 



2.589 



13.595 



1,035 • 



652 



660 



1907. 

 10031 

 5087 

 7023 

 7292 



29936 29433 



a Including Caucho and Pernanibnco. 



Statistics of Rubber Prod act ha. 



1907. 

 I'allamhrosa Rubber Co.: 

 .\pril I to December 31 founds 164.795 



Bukit Rajah Rubber Co.: 

 .April T to November 30 99-442 



Consolidated Malay Rubber Co.: 

 January i to December 31 65.590 



Yatiyantota (Ceylon) Tea Co.: 

 January i to December 31 5.840 



1906. 

 99.258 



72.571 



32.693 



8.790 



Rubber Scrap Prices. 



Late New York quotations— prices paid by consumers for 

 carload lots, per pound— have been about as follows, though a 

 definite market can hardly be said to have been established as yet: 



Old rubber boots and shoes— domestic ^^A% ^H 



Old rubber boots and shoes— foreign V/% 



Pneumatic bicycle tires Z % I 



.Automobile tires 7 @8 



Solid rubber wagon and carriage tires ' />5! 



White trimmed rubber ioV2@ll 



Heavy black rubber -^ ,%^6 



Air brake hose 4'/4@ 454 



Fire and large hose M^ 3Vj 



Garden hose -,.^--4 



Matting lyzfo" ni 



In regard to the election of Mr. A. H. Alden. president of the 



New York Commercial Co.. as vice president of the New York 

 Produce Exchange Bank, after having been a director for several 

 years, the Mcreanlile and Financial Times says that he is a busi- 

 ness man of ability and sound experience, and that a better or 

 more acceptable selection could not have been made. 



