350 



THE INDIA RUBBER WORLD 



July i, 1908. 



Review of the Crude Rubber Market. 



Tons. 



1898-99 25,370 



1899-1900 26,670 



1900-01 27,610 



1901-02 30,000 



1902-03 29,850 



AFTER a month of fluctuations and, during part of the time, 

 of dullness, prices of crude rubber to-day show, on the 

 whole, something of an advance over the quotations print- 

 ed in our last issue. A number of items are not changed, and a 

 few are lower, according to the supplies of the different grades in 

 the market. Islands fine new shows a decline, while Upriver fine 

 new is higher, due to the relative volume of arrivals. Toward the 

 end of the month an improved demand for rubber developed, indi- 

 cating either that manufacturers' stocks are 'becoming depleted 

 or that a larger volume of business in the industry is in sight. 



Arrivals of rubber (including caucho at Para) continue on a 

 liberal scale — larger, in fact, than in any former period, except 

 for the crop season ended June 30, 1907, for which the figures 

 were unprecedentedly large. In the table below will be seen the 

 extent of the arrivals at Para for the past ten crop years, except 

 that the figures for June, 1908, are not quite complete : 



Tons. 



1903-04 30.580 



1904-05 33.060 



1905-06 34.490 



1906-07 38,005 



1907-08 336,670 



[a — To June 29, 1908.] 



Almost without exception each season has shown a larger 

 crop than in the preceding year, regardless of price conditions. 

 It may be suggested here that, whereas the lower prices for 

 rubber ruling for some months past may ultimately have the 

 effect of decreasing the output of rubber from the Amazon re- 

 gion, such effect has not yet been visible, for the reason that most 

 of the rubber exported during the past twelve months has been 

 credited against advances of goods or funds made before the de- 

 cline. The last year has shown a smaller output than 1906-07, it 

 is true, but such variations are not unusual ; besides, the figure for 

 the former year was abnormal. It may he added that at Manaos 

 the arrivals this year have been larger than in any other, the 

 figures standing: 



Tons. 



Eleven months ending May 31, 1906 22,475 



Eleven months ending May 31, 1907 25,934 



Eleven months ending May 31, 1908 26,067 



The smaller total receipts at Para have been due to a falling 

 off at other points than at Manaos, the details of, or the reasons 

 for, which are not yet to hand. 



At the monthly inscription sale at Antw-erp, on June 25, the 

 offerings were exceptionally large, aggregating 676 tons, mostly 

 of Congo sorts, and of which more than 500 tons found buyers. 

 The sale went off at an advance over the prices realized at the 

 May inscription, and these, it will be remembered, showed a 

 substantial gain over the brokers' estimations. At the June sale, 

 it is reported, priced showed an advance of about 30 centimes 

 -per kilogram [=22/3 cents per poundl. Further Antwerp rub- 

 her statistics appear on page 354 of this paper. 



Following are the quotations of New York for Para grades one 

 year ago, one month ago, and June 30, the current date : 



Par.v. July I, '07. June i, '08. June 30. 



Islands, fine, new 104 @I05 89@90 87@88 



Islands, fine, old none here none here none here 



Upriver, fine, new no @ill 92@93 93@94 



Upriver, fine, old 112 @II3 94@9S 9S@96 



Islands, coarse, new 61 @ 62 46(^47 44@4S 



Islands, coarse, old none here none here none here 



Upriver, coarse, new 87® 88 64@65 64(^65 



Upriver, coarse, old none here none here none here 



Caucho (Peruvian), sheet. 70 @ 71 49@50 50@5i 



Caucho (Peruvian), ball... 82 ©83 6i@62 62@63 

 Ceylon (plantation), fine 



sheet 127 (aj28 I02@I03 I03@I04 



African. 



Sierra Leone, 1st quality.76@77 Lopori ball, prime 8o@8i 



Massai, red 76@77 Lopori strip, prime 62@63 



Benguella 48(0)40 Madagascar, pinky 68@69 



Accra flake I5@l6 Ikelemba none here 



Cameroon ball 47@48 Soudan niggers S4@55 



Centrals. 



Esmeralda, sausage 62@63 Mexican, scrap 6i@62 



Guayaquil, strip 46@47 Mexican, slap 44@45 



Nicaragua, scrap 59@6o Mangabeira, sheet 46@47 



Panama 44@45 Guayule 26@27 



East Indian. 



Assam 78@79 Borneo 26@27 



Late Para cables quote : 



Per Kilo. Per Kilo. 



Islands, fine 4$ioo Upriver, fine 4$900 



Islands, coarse i$725 Upriver, coarse, 3$I50 



Exchange 15 7/32^. 



Latest Manaos advices : 



Upriver, fine 5$250 Exchange 15 s/32(i. 



Upriver, coarse 3$250 



Statistics at Para Rubber {Excluding Caucho). 



New York. 



Fine and Total Total Total 



Medium. Csarse. 1908. 1907. 1906. 



Stocks, April 30 tons 280 77^= 375 277 386 



Arrivals, May 1031 475 = 1506 1175 1194 



Aggregating 1311 552 = 1863 1452 1580 



Deliveries, May 1002 491 = 1493 1083 1293 



Stocks, May 31 309 61 = 370 369 287 



Para. England. 



1908. 1907. 1906. 1908. 1907. ipod. 



Stocks, April 30 tons 1040 510 267 2005 950 1280 



Arrivals, May 1955 1765 1420 700 910 555 



Aggregating 2995 2275 1687 2705 i860 183S 



Deliveries, May 2360 1670 1597 I no 800 775 



Stocks, May 31 635 605 



90 1595 1060 1060 



1908. 1907. 1906. 



World's visible supply. May 31 tons 3,469 3,091 2,078 



Para receipts, July I to May 31 28,420 30,460 27,584 



Para receipts of Caucho, same dates 6,370 5,960 5,245 



Afloat from Para to United States, April 30 750 498 740 



Afloat from Para to Europe, May 31 424 835 451 



Plantation Rubber in London, 



Jl'NE 12. — Lewis & Peat report: "About 1,219 packages, weigh- 

 ing about 64 tons, the largest weight yet catalogued, were offered 

 at auction to-day, the greater proportion of which sold at and 

 after the sale." Gow, Gow, Wilson & Staunton, Limited, report : 

 "There was a fairly good demand. The finer qualities especially 

 attracting attention and being well competed for. Some very fine 

 pole WarriapoUa estate biscuits realized the highest price of the 

 day — 4J. 6rf. [=$— — ] per pound. Rangbodde 'Cera' biscuits 

 came next at ^s. srf., while the two finest lots of crepe in the 

 sale, from Ellakande and Nikakotua estates, sold at 4.?, 2]/id." 



Fine plantation sold one year ago up to 5^. 8d. [^$ ]. Hard, 



fine Para to-day, 3.?. gd. ; last year, same date, 4s. yd. 



Lirerpool. 



Ed.mund Schluter & Co. report [May 31] : 



The advance in prices has been more rapid than was anticipated, owing 

 to an earlier demand from America than was expected, and although thit 

 demand seems satisfied for the time being, the possibility of further pur- 

 chases together with the confirmation of the lateness of the new crop 

 keeps the market steady. 



