THE INDIA RUBBER WORLD 



[April 1, 1916. 



Review of the Crude Rubber Market. 



NEW YORK. 



A GENERALLY quiet tone has prevailed in the crude rub- 

 ber market during the month of March. Trading has 

 been steady and the volume of business comparatively 

 small. The large manufacturers appeared to be limiting their 

 purchases to moderate quantities, while dealers were equally con- 

 servative in their operations. Quotations were generally firm 

 with minor fluctuations that resulted in an average decline of 2 

 to 3 cents during the month. 



Shipments of plantation rubber from the East by way of the 

 Pacific coast continue to increase. This is an entirely new 

 route and just when the rubber in transit will reach its destina- 

 tion is uncertain. The intercontinental railroads are short of cars 

 and congested with freight. Rubber that was shipped from the 

 East in December last, is only just arriving, having consumed 

 8 to 10 weeks in transit across the continent. It is extremely 

 doubtful, therefore, that very much rubber will be shipped in 

 the future by this route. 



New York arrivals have shown increasing volume. The total 

 figures for the first three weeks of March were 6,200 tons di- 

 vided as follows: Plantations from Singapore and Ceylon 1,670 

 tons; Batavia 645 tons; London and Liverpool 1,435 tons; Paras 

 from Brazil 1,990 tons; West coast 35 tons; Africans 350 tons; 

 Centrals 75 tons. Para sorts from Brazil appear to be in the 

 lead thus far for the month. The present indications are that 

 March arrivals will exceed those of February, which amounted 

 to 6,885 tons. The steamship Suldanha da Gama cleared from 

 Para for New York on February 5, with about 200 tons of rub- 

 ber. This steamer has not yet arrived and according to rumors, 

 never will, as the cargo is destined for Germany. 



On March 1 First latex, nearby, was quoted at 92 cents, May- 

 June deliveries sold at 90 cents and July-December at 86 cents. 

 Amber and Brown crepes ranged from 87 cents to 90 cents, de- 

 pending on the color and position. Smoked sheets, nearby, sold 

 for 91 cents. May-June deliveries sold for 89 cents and July- 

 December for 86 cents. Nearby Upriver fine and Upriver coarse 

 were quoted at 11 cents and 60 cents, respectively. Nearby 

 Islands fine and Islands coarse were quoted at 70 cents and 38 

 cents, respectively. Upper caucho ball, nearby, was 60 cents.. 

 Cameta spot sold for 40 cents. 



During the month the decline was noticed in the vari- 

 ous sorts, and on March 30 First latex, nearby, sold for 

 88^ cents. Futures were not quoted. Amber and Brown crepes 

 sold at 86 to 87 cents. Smoked sheets, nearby, were quoted at 

 88 cents. Futures were not quoted. Upriver fine and Upriver 

 coarse were 743^2 cents and 58 cents. Nearby Islands fine and 

 Islands coarse were 69 and 38 cents. Upper caucho ball, nearby, 

 sold for 59 cents, and Cameta, nearby, 40 cents. 



LONDON. 



A review of the London market for the past month failed to 

 disclose any unusual features worthy of special mention. The 

 underlying tone has been quiet with prices firm and practically 

 unchanged. The actual rubber movement during the past few 

 weeks has been comparatively small. London plantation imports 

 during February amounted to only 3,831 tons, as against 5.360 

 tons in January, and 5,722 tons in February, 1915. Stocks for 

 February last were 7,342 tons, as compared with 7,351 tons in 

 January and 7,172 tons in February, 1915. 

 SING.\PORE. 



The effective solution of the freight situation seems to be as 

 remote as ever. Ocean rates have advanced and may go higher. 

 The relief promised by the government's proposed plan of com- 

 mandeering the entire British tonnage is too far distant. Mean- 

 while shipments to the United States are being diverted by the 

 way of Japan and the Pacific coast. Between January 6 and 



February 1, 4,400 ions were shipped from Singapore by this 

 route. 



We are advised by cable that 955 tons of rubber were sold 



at the Singapore auctions on March 9, 16 and 23. Average 



price obtained for Pale crepe was 78 cents and for Smoked 



sheet 80 cents. Market steady and prices firm. 



CEYLON. 



During the period of February 17 to February 26, 7,822,641 

 pounds of rubber were e.xported, against 5,297,000 pounds in the 

 same period of 1915, an increase of 2,525,641 pounds. 



New York Quotations. 

 Following are the quotations at New York one 

 month ago, and March 30, the current date : 



•ear ago, one 



70 @ 



57i4i' 



Caucho, ball, upper 47 



Caucho, ball, lower 44 



Plantation Heve.a. 

 Smoked sheet 



ribbed f Spot. 65 



( Afloat 62 



40 @ 

 59 (ff 

 55 @ 



Spot 92@93 



Apr.-June 92@93'. 

 July-Dec. 89 @ 



93@94 



July-1 "°^ 



Spot 91 



58 @ 

 58 @ 

 57 @ 



@ 

 @ 



@ 2.00 



RUBBER AFLOAT TO THE UNITED STATES. 



PLANTATION. 



From Penang. 



Steamship. Qeared. To. Poui 



Ping Suey 

 Ping Suey 

 Tosa Maru 

 Benalder .. 

 Benalder . . 

 Benalder .. 

 Benalder . . 



18, 1916. 



*New York 



Seattle ' .' . 

 •New 



62.666 



25, 1916 'Seattle 106,666 



25, 1916 *^kron 51.466 



25, 1916 *San Francisco 10,000 



27, 1916 *New York 18,133 



27,1916 'Seattle 3.066 



28, 1916 'New York 28.266 



28, 1916 Seattle 17,600 



310,263 



From Singapore. 



6, 1916 Boston . . 



6, 1916 New York 



, 12, 1916 *New York 



1,666 



1,795.200 

 436,533 



Seattle 285,684 



New York 780,843 



Seattle 571,900 



Akron 278,800 



New York 264,800 



Seattle 102,144 



