450 



THE INDIA RUBBER WORLD 



[May 1, 1916. 



Review of the Crude Rubber Market. 



NEW VORK. 



THE crude rublier market lias been decidedly quiet in all 

 quarters during the month of April. True, there have been 

 a few large orders placed, but, in general, trading has been 

 quietly done in small lots, and prices have steadily declined. The 

 l.ig buying interests seem to have deserted the April market. 



The direct shipments to America from the East by way of 

 the Pacific coast still continue in large volume. From January 

 31 to February 14, inclusive, there were 779,715 pounds shipped 

 from Penang. From Singapore 5,030,412 pounds were shipped 

 between February 7-27, making a total of 5,810,127 pounds now 

 arriving at the Pacific ports. Pacific shipments are not entirely 

 satisfactory, as more time is required than by the Cape route, 

 averaging about a month longer. Akron shipments, however, 

 are favored, as they are not affected by the eastern freight con- 

 gestion. 



The arrivals at New York, compared to 6,000 tons for the first 

 three weeks of March, are falling off as indicated by the 

 figures for April 1 to 18, inclusive, which total 3,700 tons and 

 are divided as follows: Plantations from London and Liverpool, 

 600 tons; Singapore and Colombo, 1,715 tons; Batavia, Java, 

 595 tons ; Para and Manaos, 335 tons ; Africans, 260 tons ; Cen- 

 trals, 125 tons; Manicoba, 70 tons. 



The steamship "Suldanha da Gama." overdue in New York with 

 120 tons of rubber, was captured off the Orkney Islands last 

 month by a British cruiser. 



Early in the month First late.x spot, was selling at 8S^@86^ 

 cents, and Smoked sheet, ribbed spot, was 84^@85}/2 cents. 

 May-June deliveries of these grades were quoted from i/4 to 1 

 cent less than spot prices. Upriver fine spot, and May deliveries 

 were quoted at 73^ cents. 



The downward trend of prices continued with minor fluctua- 

 tions during the month, and on April 25 First latex spot, was 

 quoted at 80 cents, smoked sheet ribbed spot, at 79 cents, and 

 Upriver fine, 71 cents. 



LONDON. 

 The inquiry was fair during the early part of April, with 

 small lots of Standard crepe spot, going at 3s. 4%rf. [82.6 cents], 

 and Smoked sheet spot, at 3s. Ayi,d. [81.5 cents]. May-June de- 

 liveries were at a Yid. premium for both grades. Sellers of Hard 

 fine Para were asking 3s. \d. [75 cents]. On April 25 Standard 

 crepe spot sold for 37^d. [75 cents] and Smoked sheet for 37rf. 

 [74 cents], an average decline of 7 cents the pound since April 1. 

 The absence of large buyers was marked during the entire 

 month, and consequently the market lacked the support neces- 

 sary to hold up prices. The diversion of shipments to America 

 via Pacific routes, the increase of ocean rates and the advance 

 in war risks, have had a disquieting effect on London. 



The consumption of crude rubber in the United Kingdom for 

 the past three years has steadily declined, according to figures 

 furnished by the London Board of Trade. In 1915 the quantity 

 of crude rubber retained in England for home consumption was 

 17.982 tons, as compared to 18,850 tons in 1914 and 25.275 tons 

 in 1913. 



SINGAPORE. 

 At the auction held March 1-2, 1,274,000 pounds were offered 

 and 619.733 pounds sold. Fine pale crepe brought 79i/> cents, and 

 Smoked sheet ribbed sold for 79 cents. On March 8-9, of 

 1,137,600 pounds offered, 845,333 pounds were sold. Fine pale 

 crepe went readily at 79 cents, and Smoked sheet ribbed sold 

 up to 80 cents. The market closed firm and active. The auction, 

 March 15-16, brought out 972,666 pounds, 778,800 pounds being 

 sold. Fine pale crepe sold at 80 cents, and Smoked sheet ribbed 

 at 79 cents. The market was steady at the close. 



.SINC.M'ORENEW YORK FRETGHT RATES. 



The following are the new freight rates from Singapore to 

 Boston and New York via the Suez or Panama Canal : 



Rubber scrap (cases) $48.60 per 50 cubic feet 



Gutta jelutong (cases) (Pontianak) 52.24 per 50 cwt. 



Rubber shavings, not exceeding $300 per 



ton (cases) 53.46 per 50 cubic feet 



Gutta re-boiled or mixed, not exceeding 



24 cents per pound (c. i. f. in cases) . . . 55.89 per SO cubic feet 



Borneo rubber ( baskets) 65.61 per 12 cwt. 



Borneo, Para, and rubber, genuine (cases) 65.61 per 50 cubic feet 



Gutta percha (cases) 68.04 per 50 cubic feet 



Rubber, genuine (bags or bundles) 97.20 per 20 cwt. 



The new through rate on rubber in cases from Port Swetten- 

 ham, Malacca, Teluk Anson, Port Dickson, is $79.25 per 50 cubic 

 feet. In cases by steamers calling at Port Swettenham is $65.61 

 per 50 cubic feet. [The equivalent of a ton (2,240 pounds) is 

 figured at 40 cubic feet, a hundred weight (cwt.) 112 pounds.] 

 New Y'ork Quotations. 



l'"ollo\ving are the quotations at New York one year ago, one 

 month ago, and .April 28, the current date : 



April 1, '16. April 28, '16. 



60 @ 

 62 @ 

 53 @ 



46"@' 



74 



70 @ 



!^@ ) Spot 88 @ 



iJrown crepe. 

 Smoked sheet. 



I Ma 



1 May-j'ij 



76J^@77 

 75'^'@76 



Spot 87K@ t 



IMay-Jun 

 Spot 



28 (» 

 55 (§■ 



ball, prime 



Upper Congo, ball, red. 

 Rio Nunez Niggers . . . 



Conakry Niggers 



Mas: ■ 



Soudan. Niggers . . . . 

 Cameroon, ball, soft. . 

 Cameroon, ball, hard. 



Benguela, No. I 



Benguela, No. 2 



Pontianak 



Gutta Siak 



Gutta red Niger. 



Per 



.50 



RUBBER AFLOAT TO THE UNITED STATES. 



From Penang. 



Steamship. Cleared. To. Pounds. 



Kathlamba Jan. 31, 1916 New York 223.066 



.\lcinons Feb. 8, 1916 *New York 8,933 



Alcinous Feb. 8,1916 'Akron 8,933 



nemodocus Feb. 9,1916 *NewYork 11,200 



Nore Feb. 13, 1916 fNew York 22,000 



Tuscan Prince Feb. 14, 1916 New York 485,450 



Tuscan Prince Feb. 14, 1916 Boston 20,133 



Totals from Penang 779,715 



