January 1, 1919.] 



THE INDIA RUBBER WORLD 



221 



Review of the Crude Rubber Market. 



NEW YORK, 



QUIETNESS characterized the market for the first half of 

 the month, although there was a fair demand from man- 

 ufacturers. Spot oi¥erings were light, and the market 

 tone was firm. At the middle of the month the announcement 

 was made that all restrictions upon the quantities of crude 

 rubber that may be imported from overseas were at an end 

 and that import licenses would henceforth be granted regardless 

 of quantities involved. It was also learned that the government 

 option prices were withdrawn and that no undertaking as to 

 maximum values would be required in the future. 



Consumers have shown little interest in the situation, buying 

 only small quantities. During the second half of the month 

 there was very little stock of any kind on the spot, and, in fact, 

 no island coarse, caucho ball or cameta at all. Manufacturers 

 will hardly be in the market for appreciable quantities for the 

 next two weeks at least. 



The report that the Netherlands East Indies Government had 

 placed an embargo on rubber and jelutong exports from the 

 Dutch East Indies was without foundation, but the exports have 

 been placed under government control. 



On December 20, restrictions as to the quantity of balata, 

 gutta percha, gutta siak, and jelutong for shipment from over- 

 seas were removed. Official option prices were withdrawn and 

 from now on no undertaking as to maximum prices will be 

 needed. The only restrictions abolished are those affecting 

 shipments from primary or overseas markets. .'Applicants for 

 import licenses will, however, still have to conform to the 

 other existing import regulations. 



Plantations.— On December 1, latex was 63 cents and ribs 

 were 615^ cents. Quotations, for arrival, were, on December 26, 

 1918 : latex, 54 cents ; ribs 52j4 ; January- February shipments, 

 latex, 52 cents, ribs 51 cents. 



Paras. — On December 26, prices were : upriver fine 61 cents 

 (a month ago 66 to 68 cents) ; upriver coarse, 35j4 cents (a 

 month ago 38 to 40 cents) ; upper caucho ball, 35 cents (a month 

 ago 38 to 40 cents) ; cameta, 24 cents (a month ago 26 to 28 

 cents). 



NEW YORK SPOT QUOTATIONS. 



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

 allocation and free rubber prices a month ago and spot prices 

 on December 26 : 



Spot. Allocated. Free. 



PLANTATION HEVEA— Tan. 1, Dec. 1, Dec. I, Dec. 26, 

 1918. 1918. 1918. 1918. 



filllea'firsr^r^^pe;::} " @ 54 @ 61^@ 54 @ 



Amber crepe No. 1... 47 (B 52 @ 57 @ 48 (3 



Amber crepe No. 2... 46 @ 47 @ 56 @ 47 @ 



Amber crepe No. 3... 45 (ffi 46 @ 5S @ 46 @ 



Amber crepe No. 4... 44 @ 45 @ 54 @ 45 @ 



Brown crepe, thick clean 45 (3) 44 @ 53 @ 45 @ 



Brown crepe, thin clean 45 @ 42 @ 53 @ 45 @ 



Browncrepe,thinspecky 42 <Si 38 O 49 @ 40 @ 



Brown crepe, rolled 33 @ 34 @ 43 @ 35 @ 



Smoked sheet, ribbed*] 



•Hevea Hbbermoke4 " ® '''''' " ® ^'^'® " ® 



sheets J 



Smoked sheet, plain T 



•H^vel^pral^i^f 51 ^ @ @ ■ 51 @ 



smooth smoked sheets J 



Unsmoked sheet,] 



• H e"v c'a unsmoked f ■'5 @50 50 @ @ 49 @ 



shee'ts''!.".".^"!".!. ) 



Colombo scrap No. 1 . . @ @ @ 38 @ 



Colombo scrap, No. 2.. @ @ @ 36 @ 



BRAZILIAN PAHAS— 



Upriver fine 61K@ 58 @ 64 @67 61 @ 



Upriver medium 56 (3 57 52 @ ,„ @,„ 55 @ 



Upriver coarse 41 S' 34 @ 38 @39 35^i@ 



Upriver weak fine 50 @51 43 @ 52 @ 51 @ 



Upper caucho ball 40!^@41 33 @ 38 @39 35 @ 



Allocated. 

 Dec. 1, 

 1918. 

 47 @ 



BRAZILIAN PARAS— 1918. 



Islands fine 52 @ 



Islands medium 45 (3)46 



Islands coarse 27 @ 



Cameta 27 @ 



Lower caucho ball 39 @ 



Peruvian fine 58 (a: 



Tapajos fine 57 @ 58 



AFRICANS— 



Niger flake, prime 48 (ft' 



paste @ 



Benguela, extra No.) ^ 



1, 28% \ @ 



Benguela. No. 2,32^^7.. @ 



Congo prime, black \ cr. a, 



upper ( ^" '- 



Congo prime, red upper 48 (3) 



Rio Nunez ball @ 



Rio Nunez sheets and ) ^ 



strings J *- 



Conakry niggers @ 



Massai sheets and strings @ 



CENTRALS— 



Corinto scrap 40 (8 



Esmera'.da sausage ... 39 (340 



Central scrap 37 @ 



Central scrap and) ,- ^ 



strip. 75 per cent, f ^^ 13 



Central wet sheet, 25% 26 (3 

 Gayule, 20% guarantee 27 (328!^ 



Guayule, dry 29 (330 



MANICOBAS— 



Ceara negro heads 35 (336 



Manitoba (basis 307o l 



loss washing and } i?: @ 



drying) J 



Mangabeira thin sheet. 31 (3 

 EAST INDIAN— 



Assam crepe 46 @ 



Assam onions 45 (3 



Penang block scrap.... 38 @ 



BALATA— 



Block, Ciudad Bolivar. 72 (3 



Colombia 53 @ 



Panama 51 (3 



Surinam sheet 835^(3 



PONTIANAK— 



Banjermassin 13;4(314 



Palembang (3 



Pressed block 20'/<(5)21 



Sarawak (3 



GUTTA PERCHA— 



Gutta Siak 21 @ 



Red Macassar 2.50 @3.00 



•Rubber .Association of .America n 



RECLAIMED RUBBER. 



There was a little activity noticed in the reclaimed-rubber 

 market during the first part of the month, but the volume of 

 business was small. Following the armistice and the subse- 

 quent removal of restrictions on crude and manufactured rubber, 

 there was even less interest shown in reclaims and the market 

 became very quiet. This condition is apparent at the present 

 time in all markets for rubber supplies, but the expectation of 

 activity early in the year is confident in many quarters. The 

 prices on standard reclaims has not changed materially since 

 last month. 



