524 



THE INDIA RUBBER WORLD 



[June 1. 1915. 



Review of the Crude Rubber Market. 



NEW 1 ORK. 



Ma) 29, 1915. 



TIIK receipts of crude rubber during the first week of Ma) 

 were heavj and in some cases prices were cut in order to 

 secure the necessar) release. The large buyers, however, 

 1 d to entei the market, and by the cud of the week prices had 

 " off due to thi pressure to sell. On May 10 First latex 

 ot, was 58 cents; Smoked sheets ribbed, sp.it. 59 cents; 

 Up-river, Tun-. 59 cents. During thi second week a livelj interest 

 in the market developed and considerable business was the result, 

 prices advancing strongly. First latex crepe sold al 62 cents, 

 Smoked sheet, ribbed, al 62j to 63 cents, while Up-river fine was 

 firm at 61 cents. This movemenl was no doubt due to the manu- 

 facturers' desire to stock up in anticipation of am political dis- 

 turbances that might result in cutting off the supply of rubber. 

 During the third week, and in fact until the close of the month, 

 trading was ver) quiet and spol prices irregular. First latex 

 ned to <*>' j cents, Smoked sheet, ribbed, to 60 cents. 

 while Up-river fine remained at (il cents. The closing prices for 

 the month were is follows I p river fine, spot, 60 cents; First 

 latej crepe, spot, '0;., cents; July-September, 58 cents. Smoked 

 ribbed, spot, 61 cents; July-September, 58J^ cents. The 

 New York receipts oi plantation rubber from Liverpool and Lon- 

 don were about 5,250 tons in April against 5.115 tons in March 

 ami 4,300 t 'i- in February. 



While it is not expected that very much rubber will arrive in 

 New York unsold, provision has been made whereby the unsold 

 trehoused The Rubber Club of America has 

 agreed t.i handle ami release such shipments on the signing of 

 the usual guarantees. A minimum charge of 25 cents per case 

 will lie in nil i. i this service. The owner of the rubber, however, 

 must pay the customary warehouse, cartage, insurance and other 

 charge s 



Arrangements have been made fur releasing plantation rubber 

 imports received at San Francisco. The same form of guarantei 

 is demanded from both the importer and manufacturer, and all 

 shipments must be cleared through the British consul. The fol- 

 lowing rubbei manufacturers are bonded in London and conse- 

 quently do not file guarantees with the Rubber Club of America, 

 Inc. :— General Rubber Co., The B. I''. Goodrich Co.. Goodyear 

 lirt & Rubber Co., Hood Rubber Co. and Michelin Tire Co. 



RUBBER AIM. 1 1 \ I 

 Rub es afloat from London to New York will arrive 



on the steamships "Largo Law" ami "Monadanock " The Booth 

 line steamship "Stephen" from Para ami Manaos was due in 

 Xew York, Ma> 28, with 520 tons. Shipments direct from the 

 Far Last are continuing in number. There are now en route 

 from Colombo to New York six steamships that are carrying 

 rubber. From Singapore there are four steamships, and from 

 Batavia then are two. all of which are due to arrive in Xew 

 i ork some time during tin- month. 



THE LONDON MARKET. 



During tin early part of May. while there wa^ considerable 



activity in futures, there were comparatively few large buying 



orders for immediate delivery The market grew firmer, how- 



toward th< : the first week. Standard crepe celling 



at 2s. 3d., ^nv I ' at 2s. 3 1 ,il . and Hani Para at 2s. I'd. 



Unusuall) msignments arrived at this port, including 



1,500 i steamship "1 < ion," but re-shipments were 



somew usi oi continued dela) in securing permits 



it'd a little towards the middle of the month. 



advancing i \d for Standard crepe and \%d. for Smoked sheet, 



while Hal The reason for the advance was 



the largei orders From America together with the resumption 

 of shipments to Russia, via Vrchangel. Stocks at London in- 

 crea ted a little during the month of Vpril. At the end of March 



the) si 1 at 6,874 tons. 'I be receipts im tin- month were 6,016 



tons, the deliveries 5.705 tons, leaving stocks at the end ot April 

 amounting to 7,185 tons. Some of the rubber that has been 

 going to America would under normal conditions have been 

 shipped to German) and Vustria-Hungary ; these two countries 

 having imported 6,000 tons during the first three months of 1914. 

 Brazilian sons have ruled firmer during the month owing to the 

 COmparativel) small receipts at Para and .Manaos. 



During the last week of the month there was some further 

 hardening of prices in this market, Standard crepe selling at 

 2s. Sd., Smoked sheet at 2s. 5' ,</.. while Hard Fine Para still 

 remained at 2s 6] id. 



SINGAPl IRE AND < OLOM It' I. 



\t tin weekly auction beld al Colombo. April 10. there was 



a g I demand for all grades. About I/O tons were offered. 



\t tin earlier auctions held March 15 and 10. 175 tons were 

 offered. 



The weekly auction held at Singapore, March 10. resulted in 

 ale of 150 tons out of an offering of 210 tons, Standard crepe 

 In ineing 2s. A'/id. to 2s. 5'/2d. At the auction of March 50. 105 

 tons changed hands. 



It \TAVIA, JAVA. 

 The first rubber auction was held March 26. and there were 

 40 tmis of rubber sold. Fair prices were realized, and here- 

 after weekly auctions will be held. There was received in Xew 

 York direct from Batavia in March 33S tons of rubber, and in 

 April 392 tons, while shipments are continuing to arrive. 



New York Quotations. 

 Following are the quotations at Xew York one \ 

 im nth ago, and May 29, the current date: 



Para. June 1, '14. May I, '14. 



line, new $0.70@71 $0.60 " 



Upriver, 

 Islands. 

 Islands, 

 Upriver, 



Islands 



fine, new 61@63 53 (u 



tine, old 63'a64 



1 1 iat se, new 42@43 46 (8 



. i arse, new 29(5 30 50 (g 



Cameta ?,2>n M M ;> 



Caucho, upper 42'</43 48 (§ 



Caucho, lower 45 (g 



I'l INTATJON 1 II- V l V 



Smoke sheet ribbed 57@59 



ear ago. one 



May 29, T5. 

 $0.61 (a 

 ?2 (g 



First latex crepe 5,''?' 1 



I Itle llerl- .III'! bisCltits U11- 



smoked 55'" 57 



I I . IK.VI.s. 



Corinto 



Esmeralda, sausage 43@44 



Guayaquil, strip 



Nicaragua, scrap 42@43 



Panama 



Mexican plantation, sheet ... 43@46 



Mexican, scrap 40@42 



Manic iba. scrap 



Mangabcira. sheet 40@42 



< iiuiv ule 



Balata, sheet 64(3 65 



Balata, block 46@49 



\ Spot 59 (g 



I Afloat 58 './ 



| Spot 58</2<g 



I Atb >at 57 n 



46 <S 

 28 I 4(aj 

 32 (aj 

 17 5 



u 5 



61 @ 



61 (5; 



60;/@ 



HI g 



4o 



45 



to ■< 

 45 u, 



44 In 



