174 



THE INDIA RUBBER WORLD 



[December 1. 1916. 



Review of the Crude Rubber Market. 



Copyright 1910, 

 .\KVV VOUK. 



THE upward trend in the market that commenced late in 

 October has continued through Novenilier, and prices have 

 steadily advanced. AH grades of crude rubber have been 

 in good demand, which is believed to emanate from the manu- 

 facturers, although dealers' transactions have been equally active. 

 That the market will experience the same violent fluctuations 

 that commenced a year ago this month and ended December 

 30. in dollar rubber, is wholly speculative. Such disturbances are 

 harmful to the trade in general and experience w-ill doubtless 

 caution the large interests in controlling the market. 



.A.ctual information concerning the restriction of London per- 

 mits is not obtainable, but shipments from that port for some 

 reason have been delayed. 



On November 1, Upriver fine, spot, sold in a lirm market for 

 63 to 63^ cents; Smoked sheet ribbed, spot, 63 cents; .Amber 

 light, spot, 60 cents, and Upriver fine, spot, was firm at 83 cents. 

 As the month progressed the cabled reports of London's firm 

 position were reflected in the New York market and prices 

 continued upward. The volume of business gradually increased 

 and toward the end of the month trading was quite lively. Spot 

 quotations on November 27 were as follows : First late.x. 70 

 cents ; Smoked sheet ribbed, 70 cents, and light Amber, 68j^ 

 cents. Para sorts were easier, with Upriver fine at 81 and 

 Upriver coarse at 47}4 cents. There was little difference in 

 plantation spot and future prices, and the producers refuse to 

 sell at present levels. It is reported that forward sales are 

 smaller for 1917 than any previous year. 



LONDON. 



Market conditions, generally, have been firm during the past 

 month witli periods of marked activity and fluctuations that 

 have finally resulted in higher price levels. The loss of the 

 ".\rabia." early in the month, with 350 tons of rubber on board, 

 had a tendency to support the advancing market. Supplies have 

 not been plentiful, due, possibly, to restricted permits at Singa- 

 pore and lack of cargo space, and while the London stocks on 

 November 1 were 10,000 tons, the government's requirements of 

 at least 5,000 tons must be taken into consideration. Moreover, 

 England's crude rubber consumption is sure to increase under 

 the proposed plan of industrial expansion now being propagated. 



London imports for October were 3.835 tons, against 6,000 

 tons for September. Liverpool imports for October were 1,143 

 tons, against 1.160 tons for September. 



SING.-\PORE. 



By mail advices we learn that the export restrictions have had 

 the effect of reducing prices on this market and available supplies 

 vvere bought up by the dealers. The strong demand for forward 

 positions that followed was met with refusal on the part of the 

 planting companies to sell at artificially depressed prices. 



The result of the auctions held November 3, 10, 20 and 25 w-as 

 as follows : Pale crepe averaged 62.0 cents and Smoked sheet 60.3 

 cents, showing an average gain during the month of 7.8 cents 

 for Pale crepe and 6.7 cents for Smoked sheet. The amount 

 sold was 1.827 tons, as compared to 2,555 tons a month ago. 



r..\T.\VI.\. 



There was good demand for all grades of plantation rubber 

 at the November auctions vyith pale crepe leading. Considerable 

 spot rubber was sold in an advancing market. Futures w'ere 

 very dull due to the apathy' of the producers. Later in the month 

 the market became very active and prices advanced. 



NEW YORK QUOTATIONS, 



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



month ago. and November 28, the current date: 



Nov. 1, 1916. Nov. 28, 1916. 



81 @ 78 @80 



r.\RA. 

 Upriver, fine, new.. 

 ITprivcr, fine, old... 

 islands, fine, new... 

 Islands, fine, old. . . . 

 Upriver, coarse, new 

 Upriver, coarse, old. 

 Islands, coarse, new 



Islands, coarse, old 



Canieta 35 



Caucho, ball, upper 58 



Caucho, ball, lower 56 



Plantation. 

 First late.x 



crepe ', ^A"'' ' " ^ 



\ Afloat 



Amber crepe, light- , 



Brown crepe, clean 



Smoked sheet, 



ribbed PA"'-; " <^ 



I Afloat 



Fine sheets and biscuits, 



unsmol<ed 



Dec. 1, 1915. 

 . 68 @ 

 • 69 . la 

 . 65 @ 



58 @ 

 33 @ 



72 

 47 



^•A( 



32 @ 

 47"^@ 

 44 @45 



! Spot... 63^@ 

 ( Futures 63^ @ 

 f Spot... 60 @ 

 ( Futures 60 @ 

 { Spot... 58 

 t Futures 58 



( Spot. .. 63 

 ( Futures 63 



@ 

 @63>^ 



Centrals. 



Corinto 52 @53 



Esmeralda, sausage 54 @55 



Nicaragua, scrap 53 @55 



Mexican plantation, sheet 



Mexican, scrap ;. 53I^@54- 



Mexican. =lab 



Maniccba 



45 @ 



44 @ 

 43!^@ 



45 @ 



.Mangabeirn, sheet 36 



@39 

 @35 

 (R58 

 @46 



(luayule 33 



I'alata, iheet 56 



Balata, Work 45 



African. 



Lopori, ball, prime 65 @ 



Lopori, strip, prime 



Upper Congo, ball, red 



Rio Nunez Niggers 63 "(^64 



Conakry Niggers 60 @61 



Massai, red ... 



.Soudan, Niggers 



Cameroon, hall, soft 



Cameroon, ball, hard 



Benguela, No. 2 Superior 39 (540 



Benguela, No. 2, 



/\ccra. ilaWe 35 («. 37 



East Indian. 



.^ssam 50 (S' 54 



Pontian;.k- 6J<@ 7 



Gutta Siak llMig'12 



Gutta red Niger 



Borneo 111 



Gutta Percl.'a, red Macassa l.S5fS2.0O 



42 

 33 

 32 

 3h 

 33 

 69 

 61 



@36 

 @37 

 @35 



@56 



@56 



55 



55 



54 @ 



55"4@56 



55J4@56 



54i4@55 



@ 

 @48 



40 



46 



39 @ 



■i2'A@ 



33 @ 



41 @ 



13 @ 

 26}^@ 



i!88@' 



71 @ 

 SO @ 

 31 @32 



63 @64 

 58 @60 

 55 @57 . 



40 

 39 

 23 



49 @ ■ • 

 S'A® 

 16 @ 



27}^@ 



i.88@2.0O 



MARKET CABLE SERVICE FROM LONDON. 



d from Aldens' Successors, 



The following market report has been cabl 

 Limited, London; 



Standard 



Date. Crepe. 



October .10 cents 59.4 



November 6 61.8 



November 13 63.8 



November 20 63.3 



Smoked 

 Sheet. 

 59.4 

 59.4 

 62.3 

 63.3 



Market. 

 There were buyers. 

 There were buyers. 

 There were buyers. 

 There were buyers. 



MARKET CABLE SERVICE FROM SINGAPORE. 

 The following reports of the weekly auctions held at Singapore liave been 

 cabled by "The "Waterhouse Co., Limited: 

 Smoked 



