THE INDIA RUBBER WORLD 



[October 1, 1915. 



Review of the Crude Rubber Market. 



NEW YORK. 



September 30, 1915. 



E.\RLY in the month spot quotations were steady but fu- 

 tures were unsettled and prices nominal. The market was 

 quiet and buying confined to special lots at figures that re- 

 tltcted the far from normal condition of the market. There 

 was a noticeable lack of real demand and as supplies were plenti- 

 ful the natural result was easier prices. On September 7, First 

 lale.x spot was quoted at SSf^ cents, and Upriver fine at 56 

 cents, although sales at 54 cents were reported. 



There was no change noted during the first two weeks of the 

 month. Inquiries were plentiful, but the volume of actual buy- 

 ing was not up to the hopeful expectations for big September 

 business. 



About September 16 the market developed a firmer tone and 

 continued strong until the 20th, when higher prices were re- 

 corded for plantations, First latex and Smoked sheet spot sell- 

 ing at 59 cents, while Upriver fine had fallen off and was quoted 

 at SS'/i cents. 



The market stiffened up during the last week of the month 

 and considerable interest developed in futures, particularly for 

 October and December. A fair business in Para sorts was 

 done and Upriver fine, November and December delivery was 

 sold at 54 cents. The market continued firm and the month 

 closes with First latex spot, selling at 60 cents and Smoked 

 sheet at 59Va cents, while Upriver fine is offered at 55 cents. 



The Booth Line steamer "Francis" is now due with 180 tons 



of rubber. The steamship "Atahualpa" of this same line, with 



100 tons from Iquitos, will receive rubber at Manaos and Para, 



arriving in Xew York October 10. 



LONDON. 



Early in September there was marked activity in buying or- 

 ders for all spot and future grades, which developed a steady 

 market and firm prices. Sales of First latex, spot, were made at 

 2.?. 4}id. Smoked sheet, spot, was selling at 2j. 4^d. Hard Para 

 was steady at 2s. ^Yid. 



There was little change as the month progressed and excepting 

 the usual fluctuations of a quiet market there was little to record. 

 By the middle of the month prices had eased off. First latex 

 and Smoked sheet, spot, were quoted at 2s. 4d. and Hard Para 

 was easy at 2s. A^^d. Considerable interest developed in plan- 

 tations during the fourth week of the month and resulted in a 

 firmer and more active market. First latex, spot, was selling at 

 2s. 4Y^d. and Smoked sheet, spot, was quoted at 2s. AYsd. 



A small increase of 249 tons is shown in London stocks at the 

 end of August, 1915. Imports were 3,901 tons and deliveries 

 were 3,652. Total imports for the eight months were 43,490 

 tons, and deliveries were 44,084 tons. 



P.\RA AND MANAOS. 



Recent reports from Manaos indicate that arrivals in July and 

 August of this year were large, and for September and Oc- 

 tober they are expected to be above the average. If a large 

 crop should be realized and exchange remain at a low figure, 

 it would mean a prosperous year for the Amazon valley. With 

 exchange at 12rf. (24 cents) as compared with 16d. (32 cents) 

 the rate before the war, the Amazon exporter can do business 

 at remunerative prices. 



Receipts at Para were 2,245 tons in August against 1,290 tons 

 in July and 1,620 tons a year ago. The total for eight months 

 was 24,575 tons against 25,610 tons. The decrease was entirely 

 in caucho. The .Amazon crop year ended June 30, and 35,305 

 tons were produced against 39,115 tons in 1913-14, a decrease of 

 3,810 tons. The difference is due to the falling off in the output 

 of caucho. 



New York Quotations. 

 Following are the quotations at New York one year ago, one 

 month ago, and September 30, the current date : 

 Oct. I. '14. Sept. 



Para. Oct. I. '14 



Upriver, fine, new 63 @65 



Upriver, fine, old 66 @68 



Islands, fine, new 48 @50 



Islands, fine, old 50 @52 



Upriver, coarse, new 44 @45 



Upr 



old. 



slands, coarse. 



26 @28 



Plantation IIevea. 



Smoked sheet ribbed 63 @64 



First latex crepe { ^"^ ''>^ *' @« ' 



Fine sheets and bisci 



Centrals. 



57 @ 



S8'A@59 

 59 @60 



sheet. 



ile 



Mexican, slab 24 



Manicoba, scrap 38 



Mangabeira, sheet 34 



Guayule 45 



Balata, sheet 54 



Balata, block 



@ 

 @ 

 @39 



Sept. 29. '15. 

 54'4@55 

 56 @57 

 50 @51 

 52 @ 

 41Ji@42 

 43 @ 

 26 (3 27 



S9'A® 

 59J^@60 

 57 @57)4 



39 @40 

 38!.^@39 

 3Syi@39 



@50 



@56 



43 @47 



African. 

 Lopori, ball, prime.... 

 Upper Congo, ball red . 

 Ma 



"■ggers 



Can 



Nigg 

 on, b: 



SO 



@4D 

 @40 

 @33 

 @56 



@47 



r)52 



Benguela 

 Accra, flake .... 

 Rio Nunez Nigger 

 Konakry Niggers 



Pontianak ' 



Borneo H .'.'.'.'.'. 

 Gutta Percha . . . 



44 @ 

 31 @ 

 23 @23V5 

 52J4@53 

 51 @52 



@36 

 @38 

 @30 

 @52 

 @ 



52 @53 



50 @57 



51 @52J5 

 44 @4S 



31 @32 



24 @25 



53 @S3'A 



51 @S2 



S%@ 7 

 l^i@.12 



New York. 



In regard to the financial situation, Albert B. Beers (broker 

 in crude rubber and commercial paper, No. 68 William street, 

 New York) advises as follows : 



"The same easy conditions have prevailed in the money mar- 

 ket during September as for several months previously, and the 

 demand for paper has been good, both from banks in this city 

 and elsewhere, the best rubber names being taken at 4@4Y2 per 

 cent., and those not so well known 5@5j4 per cent." 



New York Prices for August (New Rubber). 



1915. 1914. 1913. 



Upriver, fine $0.S6@0.59 $0.75@1.15 



Upriver, coarse 42@ .44 .43® .89 



Islands, fine 50@.52 .60@1.00 



Islands, coarse 27® .28 .30® .60 



Cameta 29@.31 .32®. 61 



RUBBER STATISTICS FOR LONDON AND LIVER- 

 POOL, AUGUST, 1915. 



i,309 

 6.895 



