54 



THE INDIA RUBBER WORLD 



[October 1, 1914. 



Review of the Crude Rubber Market. 



THE month of September continued the reaction from the 

 sudden advance in rubber prices which marked the earlj 

 part of Vugust. Starting in August 1 at 70/71 cents, a 

 sharp advance on August S brought the nominal quotation to 

 $1.07/1.10. subsequently touching $1.25 on 14th. At that point 

 .i decline set in, which 1 «> September 1 had reached 77/7K cents, 

 and by Septembei 14, 69 70 cents, or slightly below the price 



• in August 1. Following a similar course, the market has since 

 dropped a further (> per cent.; the rate on September 26th 

 being 65/66 cents. This situation has been attributed less to 

 pressure of supplies than to the abstention of buyers, which 

 last-named feature is expected to lead ere long to the depletion 

 oi manufacturers' slocks ami their consequent renewal. On 

 the other hand, then- has been a feeling that the demand for 

 high-class rubber goods is likely to diminish somewhat, with 

 the result of a reduced demand for line rubber. The statistical 

 position of Para is strengthened by the fact that English im- 

 ports of that description for the eight months ended August 31 

 last were only 10,000 tons as compared with 12.N<>2 tons for the 

 ling period of 1913. 

 Plantation rubber imported by England from the three prin- 

 cipal sources (Straits Settlements, Federated Malay States and 

 in aggregated during the above-named eight months 24,122 

 ton,, against 19,39'* tons for the corresponding months of last 

 year, thus showing an increase of about 25 per cent, as com- 

 pare! with a falling off to about the same extent in the English 

 imports of Para. While the shipments of rubber from the 

 East were more or less affected by financial disturbances, the 

 fact that quantities of plantation rubber afloat were reported as, 

 respectively, 8,250. 8,250 and 8,000 tons at the end of March, 

 April and May, falling only to 7.500, 7,500 and 7,650 for June, 

 July and August, indicates that shipments had not yet been 

 appreciably reduced, up to the date of most recent advices. 



I racing the course of plantation prices since August 1, they 

 will be found to have in a great measure reflected the movements 

 of fine Para rubber. Quotations, it will be recalled, bad advanced 

 from 56/57 cents on August 1 to $1.08 on August 5, receding 

 on August 17 to 90 cents. Since then they have steadily dropped. 

 lor tine Para the highest price of the month (77/78 cents) 

 was attained on September 1 and 2; the lowest point (65/66 

 ccnt-i was reached from September 18 to 25. 



Plantation reached the highest point (65 cents) from Septem- 

 ber 4 to 8 and the lowest (56/57 cents) from September 17 

 to 22 



The results of the war are shown by the fact that English 

 oi rubber for August were only 1,715 tons, against 3.587 

 in July. 1"14, and 3,912 in August, 1913, indicating a falling off 

 in continental demand. \ggregate English imports of rubber 

 for the first eight months of 1914 were 44,427 tons, :is compared 

 with 46.421 for the corresponding period of 1913, the loss in 

 the Brazilian and African quantities being more than offset by 

 the i- plantation rubber. 



\n .nun.;, ,,i ,ii o tons plantation was held in London 

 which opened fairly, but dtSpla ''I falling off 



equaling 6 cents per pound towards the close. It had been con- 

 template.! to hold another sale toward-, the close of Septem 

 but this has been postponed. 



Since the Amsterdam rubber sale of July _"'. of _'70 tons, no 

 further auction has been held. The dates of die next -.ales at 

 that port, and at Rotterdam and Antwerp have not been fixed. 

 Business at Antwerp and the other continental centers is con- 

 siderably affected by the wai 



At the Singapore auction of August 12, only 8 tons were sold 

 out of 03 tons offered. Most of the regular buyers wen out of 

 the market, in the absence of orders from Europe. 



New York Quotations. 



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

 month ago, and September 30, the current date: 



Para. Oct. 1, '13. Sept. 1, 14 Sept. 30. '14. 



Islands, fine, new 71@72 



Islands, fine, old 



Upriver, fine, new 80(5 °- 



Upriver, fine, old 85@86 



Islands, coarse, new 29frt30 



Islands, coarse, old 



Upriver, coarse, new 48@49 



Upriver, coarse, old 



Cameta 36(5 37 



Caucln ', upper 48@49 



Caucho, lower 



Plantation Ceylon. 



Fine smoked sheet 60@61 



near-bv I 



Fine pale crepe. 



{; 



52 „ 54 



forward J 

 Fine sheets and biscuits ttii- 

 smoked 51'., 53 



Centb m.s. 



( i irinto 



Esmeralda, sausage 40@42 



( luayaquil, strip 



Nicaragua, scrap 40. n 41 



Panama 



Mexican plantation, sheet 



Mexican, scrap 40@42 



Mexican, slab 



Mangabeira, sheet 



1 ui.u ule 



Balata, sheet 66@67 



B .1 it. i. block 45'., 4o 



African. 



Lopori, ball, prime 50 5 



Lopori. strip, prime 



Aruwimi 40 -., 12 



Upper '- longo, ball red 45@46 



[kelemba 



Surra Leone, 1st quality 45@46 



Massai, red 



Soudan Niggers 



75@80 



70m 75 



70 .,75 



63@64 

 61@62 



-o,,Ml 



59(5)60 



| amet < . m, ball 



35@40 



