426 



THE INDIA RUBBER WORLD 



[April 1, 1917. 



Review of the Crude Rubber Market. 



Copyright 1917. 



NEW VOKK. 



MARCH has been a comparatively quiet iiiuiith in the crude 

 rubber market, with trading devoted to routine business 

 and the supplying of small manufacturers' requirements. 

 The uncertainty regarding the effect of war with Germany has 

 produced what appears to be a policy of watchful waiting on 

 the part of the heavy buying interests. Moreover, trade has 

 been seriously obstructed by local freight embargoes and the 

 railroad disturbance that for a time threatened the country has 

 affected business adversely. While the volume of rubber ar- 

 rivals has been about normal during the montli, the recent heavy 

 requisitions of British bottoms together with the fact that our 

 government has notified certain shipping companies that their 

 ships may be required, will undoubtedly have an ultimate effect 

 on future arrivals. The shipping situation it would seem is 

 beset with difficulties that are apparently growing worse 

 instead of better. 



Generally speaking, the ileniand for crude rubber has been 

 spasmodic, resulting in minor price fluctuations that show a 

 decline since March 1 of about 5 cents in plantations and 2 to 4 

 cents on Para sorts. On March 1. First late.K and Smoked 

 sheet ribbed, spot were, quoted 87 cents in a strong market, 

 with July-December at 75 cents. Upriver line, spot was quoted 

 80 cents. The market softened early in the month and prices 

 became easier until the middle of the month when a strong 

 undertone developed, resulting in a slight price advance. The 

 heavy buying interests, how-ever, failed to support the prevailing 

 prices and the market became easier later. On March 29 

 First late.K and -Smoked sheet ribbed, spot were quoted SZyi 

 to 83 cents and July-December arrivals 73 cents ; Upriver fine 

 was quoted 77 cents. There appears to be very little spot rub- 

 ber available, and interest in futures has been confined to 

 inquiries that were quite active during the last week of the 

 month. The general market conditions were strong and prices 

 firm. 



r. OX] ION. 



l-'.arly ni ihe month there was a marked tendency to buy and 

 much rubber changed hands despite the fact that spot supplies 

 were not plentiful. The bullish interest, however, was arrested 

 by the reports of considerable rubber afloat and prices became 

 easier. On March 5 First latex and Smoked sheet ribbed, spot 

 were quoted 77'/2. cents, the market being generally firm until 

 later in the month when values became easier and prices de- 

 clined. On March 27 First latex and Smoked sheet ribbed, 

 spot were quoted 77yz cents. An unusual feature of the month 

 has been the variation of prices in the three principal world 

 markets. New York's highest figure was 87 cents, that of 

 London was 80 cents and Singapore, 74 cents. This abnormal 

 situation is undoubtedly due to the weak financial position and 

 shipping difticulties surrounding the Eastern markets. 



London imports for January were 6364 tons; Liverpool im- 

 ports for the same period were 1215 tons. For December Lon- 

 don imports were 5150 tons and for Liverpool 1771 tons. Reex- 

 ports for January were as follows: London, 4473 tons; Liverpool 

 976 tons against London 2421 tons, and Liverpool 368 tons for 

 December. 



si-NC.M'ORi-:. 

 .M the auctions held March 2, 10, 16 and 22 the average 

 prices obtained were as follows : First latex crepe, 70.44 cents ; 



Smoked sheet, ribbed, 70.23 cents. The total amount sold was 

 1840 tons. 



NEW YORK SPOT QUOTATIONS. 



gristly. 



I'l.AXTATION PakaS — 



rirst-iate.\ crcpc . . 

 .Amber erepe, liglu 



.Anibur crepe, .dark 



Hrowii crt-pe, tliick clean 



lirown crepe, thin clean, light mottled . 



I*rown crepe, thin clean 



Brown crepe, thin s])ecky : 



i'.rown crepe, thin barkcy 



lirown crepe, rolled 



Smoked sheet, ribbetl standard quality. 

 Smoked sheet, plain standard quality. . . 



I'nsmoked sheet, standard quality 



Singapore scrap. No. 1 



Singapore scrap. No. 2. . 



Colombo scrai). No. 1 



Colombo scrap, No. 2 



Brazilian Pabas — 



L'privcr tine 



Upriver medium 



l-'priver coarse 



Knapsack Madeira 



Upriver weak tine 



Upriver cauclio ball 



Islands hnc 



Islands medium 



I sla nds co,;rse 



Islands weak hne 



Cameta 



1 .ower caucho ball 



Peruvian hne , 



Tapajos hne 



.\pril I, 

 1916. 



Si'A 



83 !S 



28%. 



.\fricans 



.\ccra flake 



-Niger -tiake 



I-'cuguela, extra seconds, 



Benguela, No. 2, 32'/i% 



Bengueia, No. 3, 40%..- 



C'ongo pr.me. black u])per .... 



Congo prime, red upiier 



Kio iN iinez ball 



kio -\nnez sheets and strings. 



Conakry niggers 



Massai sheets ai.d strings 



Cen rRAL#— - 



lisnieralda sausage 



Central scrap >. 



Cenlial scrap and strip 



t'entral wet :-heet 



Guayule 



iManicobas — 



Ceara scrap 



Ceara negro head.s 



Manicoba special ,• ' • • 



Manicuba extra 



-Manicclia regular 



Mangabeira thin sheet 



Mangabeira thick sheet ...... 



Balata — 



Balata block 



Surinam sheet 



East Indi.\n — 



Assam crepe 



.\ssam onjons 



I'enang block scrap 



Pontianak pressed 



Bandjermassin 



Gutta percha, red Macassar. 



57 



5SK 

 69 



39 



.March 1. 

 1917. 

 Si'A 

 83 

 82 

 80 

 82 

 80 ' 

 76 

 73 

 69 

 86 "4 

 8.=i 

 84 

 63 

 60 

 64 

 62 



i<0 

 74 

 54 

 88 

 68 



54;-, 



c- 

 38 

 64 

 40 

 49 

 78 



05 

 60 



66 

 67 



51 

 50 

 4S 

 35 

 50 



a 



48 

 37 

 35 

 33 

 38 

 36 



6S 

 87 



17 

 12 

 85 



Marck 29, 

 1917. 



82 



7S'A 



78 



77 

 78 

 77 

 75 

 72 

 65 

 82 



noyi 



78/2 



63 



61 



64 



62 



76J4 



71H 



52!^ 



82 



65 



53 



72 



66 



36 



54 



38 



48 



74 



74 



33 



34 



41K 



39 



33/3 



65 



60 



67 



64 



67 



63 



SO 

 49 

 48 

 35 

 50 



35 

 49 

 3t> 

 35 

 32 



68 



95 



/:> 

 73 

 35 

 25 

 20 

 225 



