110 



THE INDIA RUBBER WORLD 



[NuVEMU 



Review of the Crude Rubber Market. 



Copyright, 1918. 



NEW YORK. 



A REVIEW of the October market reveals but little activity, 

 and at limes, positive dullness in crude rubber of all 

 grades. Manufacturers' orders for allocated and free rub- 

 ber have been infrequent and unimportant in volume, reflecting 

 the disturbed conditions prevailing at the mills through influenza 

 and shortage of labor. Despite the marked inactivity, prices 

 have been generally firm, both here and in the Far East. Govern- 

 ment control of free rubber transactions, went into effect last 

 month and resulted in restricting business in this commodity to 

 some extent. Peace talk had little effect on the market other than 

 giving added strength to the situation, both locally and at pri- 

 mary sources. 



Pl.\nt.\tions.— Allocated rubber, although in small demand 

 during the month, was firm, the lowest price quoted for Latex 

 being 37 cents and the highest 42 cents. Ribs ranged from 3SK' 

 cents to 40 cents. Free rubber prices ranged from 58^ to 62 

 cents for Latex and 57^ to 61 for Ribs. 



Paras.— Prices on allocated Para grades varied but little, the 

 high and low being as follows: Upriver fine, 56 to 58 cents; 

 Upriver coarse, 30 to 32 cents ; Upper caucho ball, 30 to 32 cents ; 

 Cameta, 21 lo 22 cents. Prices on free rubber ranged from 62 

 to 66 cents for Upriver fine, 35K- to 37'/, cents for Upriver coarse, 

 35 to 36 cents for Upper caucho ball, and for Cameta, 25 to 29 

 cents. 



Centrals.— .-Ml grades have been firm despite the small de- 

 mand. The slight activity noticeable during the month is said 

 to be the result of substantial orders placed by the manufac- 

 turers with dealers. 



St.\tistics.— The total United States imports for September, 

 1918, were 5.151 tons, compared with 13,664 tons for the corre- 

 sponding period in 1917. Plantation imports for September were 

 4,613 tons, compared with 11,192 tons last year. Imports of Para 

 rubber for September, 1918, were 311 tons, compared with 2,133 

 tons for the corresponding period in 1917. London and Liver- 

 pool imports of raw rubber for September were 3,535 tons, com- 

 pared with 4,700 tons last year. Reexports for September were 

 892 tons compared with 1.870 tons a year ago. 



NEW YORK SPOT QUOTATIONS. 



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

 and allocation and free rubber prices on_ October 26. Govern- 

 ment option prices, c. i. f. New York are given 



PLANTATION HEVEA- 



Spot. 



Allocated. 

 Oct. 26, 



the last column. 



Gov't. 



Oct. 26, 



1918. 



Unsmoked sheet, standard quality I 



•Tievea unsmoked sheets ] 



Colombo scrap. No. 1 



BRAZILIAN PARAS— 



Upriver fine 63'/ 



t^orlver medium ='/ 



Upriver coarse 42/ 



Upriver weak fine 52/ 



Upper caucho ball 39 



BRAZILIAN PARAS— 

 Islands fine 



Islands 



Cameta 



Lo« 



Pen 



caucho ball 



Tapajos fine 57 



AFRICANS— 



Niger flake, prime 28^ 



nenguela. extra No. 1. 28% 32 



nensuela, No. 2, 32/,% 30 



Congo prime, black upper 55 



Congo prime, red upper 55 



ball. 



Ri< 



Rio Nunei sheets and strings. 



Conakry niggers 



Massai sheets and strings 



CENTHALS— 



34J^@ 

 34J^@ 

 34'A@ 



30% loss wash- 

 drying) 40 



a thin sheet 35 



ing and 

 Mangabeir 

 EAST INDIAN— 



Assam crepe 59 



block scrap. 



Gudad Bolivar 70 



Colombia 51 



Panama 51 



PONTIANAK— 



P.anjermassin 

 Palembang . . 

 Pressed block 

 Sarawak 



GUTTA PERCHA- 

 Gutta Siak ,. 



"Rubber -Associ; 



of Arae 



RECLAIMED RUBBER. 



The interest in reclaimed rubber during the last month has 

 been of a routine nature. Rubber manufacturers have experi- 

 enced unusual difficulties in plant operation on account of the 

 scarcity of labor and the inroads of influenza. Business in 

 reclaims is therefore expected to be more or less quiet until the 

 prevailing conditions change for the better. Prices are prac- 

 tically unchanged. 



new york quotations. 



October 25, 1918. 



Subject to change without notice. 

 Standard reclaims: 



Floating : lb. .35 @ .40 



Friction lb. .35 fa) ,40 



Mechanical /*. .12 (3 .13 



Red lb. .20 @ .25 



Shoe ib. 



.1854 

 .13J4 



32 @ 37 @ 



40 should impr 



THE MARKET FOR COMMERCIAL PAPER. 



ird to the financial situation. Albert B. Beers, broker in crude 

 d commercial paper. No. 68 William street. New York, advises as 



October the demand for commercial paper has been light, due 

 the drive for the Fourth Liberty Loan, but out-of-town bank« 

 I buying moderately, the best rubber names going at 6J4 to 6>< 

 and those not so well known 6ii to 7 per cent. Now that the 

 e is out of the way, the general demand for commercial paper 

 rates are likely to continue fairly high for the present. 



