on Monday received the following telegram from Messrs. Barker Ca., London, dated August 19:—Average spot price standard sheet 1/10} ality ribbed smoked
Average spot price standard quality first crepe Next year ex warehouse (Singapore) 2/1 (sheet). After firm, market quiet.
Singapore Rubber Auctions Messrs. Meyer & Measor's report on the Singapore rubber auctions of August 11 and 12 is as follows:
The local market has suffered another stight set-back since our last issue. There are still no signs of a demand from the trade and the market here, as in the consuming countries, appears: to be_supported by speculators only, There is very little buying for actual consumption, but as such a large quantity has been sold short in various grades, bears are beginning to cover short sales in preference to holding out for lower prices, Standard ribbed stucked sheet sold from 62 to 63 cents, a few Tots changing hands at 63}, marking 1 cent decline on the week. There was not_a large demand for this grade, the price for which was being rushed by speculators.
Standard ist latex crepe was in good demand, but the heavy pre-minim on this grade could not be maintained as a larger quantity was on sale this week. 69} cents was paid, showing a decline of 3} cents on the week, but later the market dropped to 67 cents.
Brown crepes were in fair demand, selling at last week's prices.
Text read from the printed page and cleaned; old type leaves the occasional error.