50 



THE INDIA RUBBER WORLD 



[October 1, 19)6. 



Review of the Crude Rubber Market. 



Copyright, 1916. 



NKVV YDKK. 



THE ikiiiaml for cnulc rubber during Sci)ttinbir lia^ not been 

 large enough in volume to affect the steady market condi- 

 tions that have generally prevailed. The arrivals have been 

 heavy this month in comparison to August receipts, which were 

 small, due to the delays in transit and ooiigested shipping. Guaran- 

 teed deliveries from London arc placed at 40 days, and from the 

 Far East three or four months are required. It would seem that 

 under these prevailing conditions a large and immediate demand 

 could not be supplied. There has been a fair demand for planta- 

 tions, and the tone of the market is steady, with fluctuating prices, 

 First latex showing a gain of about 3 cents during the month. 

 The theory that the large buyers are in control is supported by 

 advanced (luotations when orders are placed in London. I'priver 

 line has been the feature 01 the month. The shortage is evident, 

 despite the heavy arrivals. Spot prices have fluctuated from 70 

 cents to as high as 75 cents within the month, and on September 

 J9 the figure was 73 cents in an easier market. Futures were 

 nuoted: October-November, 71 cents; November-December, 70 



cents. 



According to official figures recently issued by the Department 

 of Commerce, 119,542 tons of crude rubber were imported into 

 the United States during the fiscal year ended June 30, 1916, as 

 compared with 76,816 tons in 1915 and 58,926 tons in 1914. 



LONDON. 



The steady increase of stocks and the approaching period of 

 heaviest arrivals would forecast easier conditions in London. 

 The cost to holders may necessitate their unloading, which un- 

 doubtedly would be followed by weak market conditions. The 

 cause of these accumulations is said to be the refusal of producers 

 to sell forward. Price advances have not been followed up, as 

 buyers are satisfied to take chances with a large crop in view. 

 There is some speculation as to accumulated supplies available 

 from East Africa, which has recently become a British possession. 



On September 5 the market was firm and quiet, Standard 

 crepe being quoted at S3 cents and smoked sheet 52"^ cents. 

 Steady and quiet conditions prevailed during the month, and on 

 September 25 Standard crepe was 57 cents and Smoked sheet 

 56j/i cents. 



PARA AND MANAOS. 



The trade has been elated over the upward movement of Up- 

 river fine that featured the September market. Later in the month 

 prices eased off, but the scarcity of stocks, particularly Upriver 

 fine, was still apparent. The actual cause of this movement is 

 unknown; however, there are certain facts which undoubtedly 

 have been generally effective. For instance, "the rivers were ab- 

 normally low and supplies consequently delayed. Russia has been 

 in the market for considerable supply. The production of Caucho 

 has increased and Upriver fine has decreased during the year, as 

 is indicated by the following table: 



PARA ARRIVALS FOK AUGUST. 1915-16. 



.August, 1915. August, 1916. 



Islands, fine tons 412 404 



Upriver, fine 1,313 1.176 



Caucho 315 420 



Tot.ils 2,240 2,300 



SINGAPORE. 

 .\t the auction held September 1, 8, 15 and 24 about 1,500 tons 

 were sold. First latex crepe brought an average of 51 cents and 

 Smoked sheet 51 J < cents a pound. 



NEW YORK ttUOTATIONB 



Sept. 1, 19l«.. 

 69 @ 



38 @ 



is"®' 



33 @ 

 36 @ 



Centrals. 



C.uriiito i') @4il 



Ksmer.il(la, sau-age 38'4@39 



Xicarngua, scrap 38 $? 



-Mexican plantation, sheet 



Mexican, scrap .^9 ^a^O 



.Mexican, slab 



-Manicoba , . . 33 #36 



-Mangabeira- sheet 32 {838 



Guayulc 26 i5ii30 



Balala. sheet 51 (n.';2 



Balata, block 43 @ 



Afbicam. 



Lopori, ball, prime 52 @53 



Lopori, strip, prime 



Upper Congo, ball, red.. 50 laS/ 



Rio Nunez Niggers 53 @53'yi 



Conakry Niggers 51 @52 



Massai, red 51 'a>52!< 



Soudan, Niggers 44 (ii45 



Cameroon, ball, soft 



Cameroon, ball, hard 



Benguela, No. 2 Superior 31 1^32 



Benguela, No. 2 



Accra, flake 24 l3t2S 



East Indian. 



Assam 45 'g 47 



Pontianak 6M@ 7 



Gutta Siak llji@12 



Gutta red Niger 



Borneo III 



Gutta Peicha, 'ed Macassa 2.00@2.t0 



39 @ 

 39 @ 

 38 ® 



42J4@45 

 37'A@ 

 32 @3.= 

 79 @ 

 50 @ 



52 @ 



52 @ 



51 O 



53 @ 



52 @ 

 51 « 

 SO @5 



38 @ 

 35 <S 

 35 @ 



38 (ii 



6!4@ 



17 @ 



25 @ 



1.50 @2.50 



Sept. 29, 1916. 

 73 @ 



65 @ 

 43M@" 

 30 @ 



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

 month ago. and September 29, tlu current date 



l'.\K.\. Oct. I, 1915. 



Upriver, fine ncv. 54>^^55 



Upriver, fine, old 56 (ffi57 



Islands, fine, new 50 @51 



Islands, fine, old 52 @ 



U'priver, coarse, ne\^ . . . . 41J^'i?42 



Upriver, coarse, old 43 @ 



Islands, coarse, new 26 t<?'27 



Islands, coarse, old 28 6? 



C'ameta 27J^<i?28 



Caucho, ball, upper 42^2 @ 



Caucho, ball, b.wer 40 @41 



Pl.ANrATION. 

 Firs.Ia.excrepe<^-|g|60 <|^;,.^;56H| 



Amber crepe, light \^^ ^ | 



Brown crepe, clean II''?'-- 5;,,f 



' ' 1 Futures ol>4<§ 



Smoked sheet, 



ribbed (Spot.. 59 H@ ( Spot. . . 56>iffl 



."°°'° ( .'\float ) Futures 56'/ IS 



Fine sheets and biscuits, 



unsmoked 57 lii' 57 -^^ 



32 @ 

 44 @ 

 41 @ 



60 @ 

 60 @ 



57}4@ 

 575^ @ 



54 @ 

 .M @ 



J9Vi@ 

 5954® 



42 @ 



41 @ 

 46 @52 

 40 @ 



31 @ 

 42H@ 

 37^i@ 



32 @33 

 73J4@ 

 65 @ 



50 @ 



51 @ 



51 @ 

 54 @ 



52 @ 

 5254® 

 50 @ 



38 @ 

 345^ @35 

 28 (S 



38 @ 



8!4@ 



13 @ 



2654 @ 



1.60 <s> 



MAKKET CABLE SERVICE FROM LONDON. 



The followin,^ niarVct report has been cabled from Aldens' Successors, 

 Limited, London : 



Standard Smoked 



Date. Crepe. Sheet. Market. 



September S cc'Hs 53 52"% Steady. 



September 11 Siyi 53 Steady. 



September 18 57^5 57 Quiet. 



September 25 5754 5654 Quiet and steady. 



MARKET CASLE SERVICI; FROM BINGAPORE. 



The fulluwin? reports of the weekly auctions held .,■. Singapore have been 



