458 



THE INDIA RUBBER WORLD 



[May 1, 1916. 



THE RUBBER SCRAP MARKET. 



NEW VOKK. 

 'T'HE break in the shoe market that had been confidently pre- 

 dicted, occurred during the llrst week in April, and boots 

 and shoes declined to 9@9H cents. Auto tires, while not so 

 badly affected as boots and shoes, were influenced by the down- 

 ward movement, and mixed tires sold to the mills for 6J/2 

 cents delivered. G. & G. tires brought 8^ to 8H cents. 

 The other tire sorts failed to be of interest even at easier 

 prices, while No. 1 inner tubes at 29 cents were neglected through 

 anticipation of lower prices. The mechanical grades all exhibited 

 easy tendencies due to the small demand occasioned by general 

 tone of the market. This general weakness and subsequent de- 

 cline of prices in all grades is due to the similar condition of 

 crude rubber that is always a prime factor in scrap conditions. 



Spring collections are very much heavier this year, a circum- 

 stance to be expected when the enormous consumption of rub- 

 ber is considered. These large accumulations of scrap naturally 

 have a depressing influence on price values. 



On April 22 sales of shoes were made at Syi cents delivered, 

 although some mills frankly held out for 854 cents. The actual 

 amount of business doing was not large, according to reliable re- 

 ports, and this view is substantiated by the prevailing quietness. 

 The tire situation is still weaker as the month draws to a close, 

 and mixed auto tires were quoted at 614 cents delivered, though 

 actual sales could not be consummated at more than 6]4 cents. 

 Some G. & G. tires were going at 8,14 cents, but a shade better 

 was ofifered by the mills. Inner tubes were easier with No. 1 

 grades, selling at 28 cents delivered. Mechanical grades were 

 weak, particularly hose, the garden variety bringing $1.40 deliv- 

 ered to the mill. Air brake hose appeared to be in good demand, 

 but prices were lower than a fortnight ago. 



NEW YORK atJOTATIONS FOR CARLOAD LOTS DELIVERED. 



-VrRIL 28, 1916. 



Prices subject to change without notice. 



Per Pound. 



Boots and shoes $0.08 %@ 0.09 



Trimmed arctics 06% @ .07 



White tires, Goodrich and Goodyear 08J4 @ .085^ 



Auto tires, standard white 06^ @ .0635 



standard mi.xed 06^4 @ .0635 



stripped, unguaranteed 04H@ .04!^ 



Auto peelings. No. 1 09J^@ 10 



No. 2 OSyi® .09 



Inner tubes, No. 1 28H'a> .29 



No. 2 12^@ .13 



red 12.iii@ .13 



Irony tires 03 @ .02;8 



Bicycle tires 04^@ Mii 



Solid tires 05J^@ .05)4 



White scrap. No. 1 14 @ .151^ 



, No. 2 10 © .11 



Red scrap, No. 1 10'/2(a' .1 1 54 



No. 2 08 @ .09 



Mixed black scrap. No. 1 04;<i@ 04yi 



„ ^^ . No. 2 03J-8@ .04 



Rubber car springs 04 i^ @ .05 



Horse shoe pads 04;4 @ .04}^ 



Matting and packings 01 @ .01 ;4 



Garden hose 01J4@ .01^ 



Air brake hose 05JS@ .06J^ 



Cotton fire hose 02K@ .0234 



Large hose .... 01 J^ @ .02 



Hard rubber sci .. 1 25 @ .26 



Battery jars (bla^ i 03 @ 



Insulated wire -1 03'/i(^.03H 



.03! 



MARKET FOR COTTON AND OTHER FABRICS. 



NEW YORK. 



e(;ypti.\n cotton. 

 'T'HE Alexandria market developed weakness about the middle 

 ••• of March and prices steadily declined, showing a loss of 

 about J4 cent on the old crop cotton. This reaction is apparently 

 of local origin, as the American markets were generally well sus- 

 tained. Prices for new crop futures have been averaging about 

 2 cents less than those for the old crop for some time. The 

 statistical local position continues to grow stronger daily, stocks 

 are decreasing, and the interior is now practically cleared of 

 cotton. It must not be forgotten that before getting new cot- 

 ton, five months' requirements are to be filled, and the present 

 stocks at -Alexandria are insignificant. 



SE.\ ISI.ANU COTTON. 



The southern markets have been quiet for the past month, 

 and prices show very little change as compared to the figures 

 of a month ago. The entire crop has been disposed of, and is 

 now in second hands, consequently the southern markets are 

 closed until the next crop comes in. On April 21 there were 

 67,903 bales in sight at all ports, compared to 63,754 at the same 

 date last year. eaurics. 



Great Britain's cotton fabric embargo, that went into efifect 

 last month, was the result of England's desire to facilitate the 

 shipment of war orders. Permits must be obtained from the 

 British Consul for all shipments of cotton fabrics, and those 

 classed as necessities are given preference over all others. This 

 new order went into effect without disturbing the market. 



Tire fabrics are still high, and deliveries on contracts are 

 usually delayed. Supplies are used up so rapidly that the rub- 

 ber mills are unable to maintain any stocks of tire fabric, what- 

 ever. There has been no change in the inarket during the month, 

 and prices are firm. 



COTTON DUCK. 



Trade conditions are prosperous and the demand is good for 

 hose and mechanical duck, in fact, deliveries are only restricted 

 by the question of securing raw materials promptly. Goods are 

 going into consumption as soon as they are shipped. Auto top 

 manufacturers are buying for 1917 deliveries. 



Most of the ducks, drills, sheeting, etc., used by the rubber 

 trade are sold up to the end of the year. Indeed, many contracts 

 have already been written, covering the first six months of 1917 

 and options are called for on deliveries, during the last half of the 

 coming year. The demand seems to be increasing, and prices have 

 advanced in a firm market. There is little doubt that the recent 

 advance in wages paid the textile workers in New England 

 will become general throughout the East. American textile 

 workers will then enjoy the distinction of being the highest paid 

 labor in the textile world. That the direct cause of this increase is 

 entirely due to the high wages paid by manufacturers of muni- 

 tions, there is no doubt, and it is equally true that when normal 

 conditions once more prevail, wages will be revised. 



NEW YORK aUOTATIONS. 

 APRIL 28, 1916. 



.Aeroplane and Balloon Fabrics: 



Wamsutta, S. A. I. L. No. 1, 40-inch yard $0.22 ® 



No. 4, SS-^-inch 22 @ 



O/X B. 36-inch 1234@ 



Wool Stockinettes— 52-inch; 



A— 14-ounce yard 1.12}4@ 



B— 14ounce 1.25 @ 



C— 14-ounce 1.50 @ 



Cotton Stockinettes— 52-inch: 



D— 14-ounce yard .49 @ .50 



E— 1154-ounce 39 @ .40 



F— n-ounce 53 @ .54 



G— 8-ounce 43 @ .44 



H— 11-ounce 48 @ .49 



r— 9-ounce 40^(3) Alyi 



Colors— white, black, blue, brown. 



Tire Fabrics: 



17;4-ounce Sea Island, combed square yard .75 @ .78 



17)^ -ounce Egyptian, combed 70 @ 



17t4-ounce Egyptian, carded 67 @ 



17^:i -ounce Peelers, carded 46 @ 



Sheeting: 



40-inch 2.35-yard yard .1Q'A@ 



40-inch 2.50-yard '.... .10 @ 



40-inch 2.70-yard 09'A@ 



^0-inch 2.85-yard 08J4@ 



40-inch 3. IS-yard OSYi® 



Osnaburgs: 



40-inch 2.25-yard yard .11J^@ 



40-inch 2.48yard 10J4@ 



37;/.-in. 2.42-yard \0H@ 



Mechanical Ducks: 



Hose pound .27K@ ■28'A 



Belting 27H@ .28}4 



Carriage Cloth Duck: 



38-inch 2.00-yard enameling duck yard .13'A@ 



38-inch 1.74-yard 1554 @ 



72-inch 16.66-ounce 33 @ 



72-inch 17.21-ounce 34 @ 



Drills: 



3S-i'ich 2.C0-yard yard .13;^ @ 



40-inch 2.47-yard 11 O 



S2-inch 1.90-yard \4H@ 



S3-inch 1.95-yard 14M@ 



60-inch 1.52-yard 19^@ 



