Maw h 1. 1915.] 



THE INDIA RUBBER WORLD 



361 



Review of the Crude Rubber Market. 



NEW VORK. 



Tl I I month opened with r all gradi 



particularly Plantation, but spot stocks were small and 

 actual business consi quently restricted. First latex 

 sold .n 62@64 cents and Upriver fine was steadj at 

 60 "1 cents. During the >m manu- 



ers was light. Plantation rubber was arriving rcgu- 

 l.ul, and it was reported that ampli lies from Lon- 



ould be counted on. Brazil arrivals were also regular, 

 prices ai the end of the week to 59 

 First latex crepe, and foi 



no. 

 The market developed a firm tone in Plantation wil 



fluctuations during ond week. Para sorts were 



ilar and pressure to sell was noticed. First latex was 

 firm ; d Upriver fine unsettled at 58 cents. Verj 



little change during the third week. The market 



continued irm and prices steads. Rubber was arriving, but 

 subject to considerable delay '>n account of the new guar- 

 antee system. Spot prices wen eady, First latex crepe at 

 58(5 59, and Upri e ai 58 5}60 cents. 



The month is closing with Plantation firm. First latex 

 crepe for sp.n advanced to <>3 cents. Smoked ribbed sheets 

 marked up to 65@66, and Upriver fine closed firm 

 at 58; rents. The demand is nominal for spot, and future 

 deliverj shipments from London are irregular and uncertain. 

 The new arrangements for handling the guarantees are work- 

 ing in a satisfactory manner. Some Plantation rubber ar- 

 rived on the "Sebek" from London late in February and the 

 "Cheltonian" and "St. Stephen," both from the same port. 

 are on the high seas. It is not known how much rubber 

 will arrive bj these ships as no information is given out 

 concerning cargo from London. The "Justin" from Maran- 

 ham, i eara, Parnahyba and Para arrived with 540 tons Feb- 

 ruary 2i. The "Rio de Janeiro" from Para was due February 

 27 with 405 tons. The "Denis" from Manaos and Para is 

 March 1 with 1,280 tons The "Atahualpa." sailing from 

 Manaos and Para, is due to arrive March 10. 



THE LONDON MARKET. 



As thi les placed by the government in the way of ex- 



porting rubber to America had been removed, by the first of the 

 month shipments began to go forward as rapidly as docking 

 facilities would permit. The amount of rubber held in London 

 tor American account, February 1. was 3.500 ton-. During the 

 first week there was little change in the market, which had been 

 fairly active and steady. The prospect of American trade re- 

 sulted in firm prices for spot Plantation. Standard crepe sold 

 at 2s - i ; smoked sheet at 2s. -b/.. and hard fine at 2s. 6d. 

 The market continued firm and steady, with Plantation prices 

 marked up from 1 to 1 ind. Shippers were unable to 



secure cargi and instances of short shipments were fr< 



quent. During the last week Standard crepe sold at 2s. 2Y^d. to 

 • I . with Smoked sheet at 2s. A 1 id. for prompt shipment. It 

 is reported that the sailings of several steamers plying between 

 London and America will be discontinued. 



New York Quotations. 

 1 ollowing are the quotations at New York one year ago, one 

 month ago, and February 27. the current date: 



Para March 1 ,'14. Feb. 1. '15. Feb.27,'15. 



Upriver. fine, new 71 60 @61 58 1 . 



Upriver. fine, i ild 60 @ 



Islands, ne, new 70 53 50 @ 



Islands, tine, old 



Upriver. coarse, new 4(> 



old 



Islands, coarse, new 32 



Cameta 36 @ 



Caucho, upper 47; 







Pi I [ON Hevea. 



Smoked shi ed. .... 62 



First ' 61 



I ine -I:, ,i . and biscuits 



unsmoked 61 @ 



< i K M.S. 



Corinto 



Esmeralda, sausage 44 @45 



' It aquil, strip 



Nicai ap 41 @ 



Panama 



Mexican plantation, sheet 



Mexican, scrap 42 



Mexican, slab 



Manicoba, scrap 38 @ 



Mangabeira. sheet 



Guayule 



Balata, sheet 



Balata, block 



Afrii 



Lopori. ball, prime 52 @53 



Lopori. strip, prime 



Aruwimi 



Upper Congo, ball red 



Ikelemba 



Sierra Leone, 1st quality 



Massai, red 49 @50 



Soudan Niggers 48 



Camen n m, ball 31 



Benguela 



Madagascar, pinky 



Accra, flake 22 @23 



East Indian. 



Assam 



Pontianak 6 



II I 45 



/ 



1 



Neiv York. 



In regard to the financial situation, Albert B. Beers (broker in 

 crude rubber and commercial paper, Xo. 68 William street. New 

 York I. advises as follows: "There has been no material , 

 during February from the general situation prevailing in January 

 as regi nmercal paper, the demand continuing good from 



both city and out-of-town banks at 4@4J4 per cent, for the best 

 rubber names and 5@5^ per cent, for tl ell known, 



ili< 51 raging about ^ per cent, lower than in January.' 



NEW YORK PRICES FOR JANUARY (NEW RUBBER 



1915. 1914. 1913. 



Unriver fine $0.61@$0.75 S0.73@$0.77 $1.02@$1.09 



U?r«r coarse 45« .58 .47 .78| .84 



Islands/fine 53@ .70 .65 -^f 1 -?' 



Islands coarse 29 @ -37 .31 .52® .58 



Cameta 31@ .41 .3s@ .37 . .52® .60 



