106 



THE AGRICULTURAL NEWS. 



I BEE I s , 1915. 



WEST INDIAN COTTON. 



Messrs. VVolstenholme and Holland, ofLiverp 

 write as follows, nndi November 15, with reference 



to the sales of West Indian Sea Island cotton: 



A g I business Las been tone in Wesl Indian Sea 



Island cottoi a ur lasi report ••a.bout 700 bales have been 

 sold at fiim to hardening | rices. The sales include St. \ i 

 ordinary quality, I5d. to 20d., superfine quality 2'2d. to 28d., 

 Montserral 15d tolSid., Antigua 1 3d. to 15d. Barbados 15 A, 

 Nevis II. 1 ,''. tn 15/., St. Kil L4W. to 1 5 id., Jamaica and 

 Si Lui ia LOd. to lid. 



The stock is now reduced to about 100 bales and the 

 demand is improving. 



The Report oi Messrs. Henry VV. Frost & Co., 

 on Sea Island cotton in the Southern States, foi 

 the week ending November 27 is as follows: 



ist. anus. There was a good demand throughout the 

 week for the old bags grading Fine to Extra Fine, taking all 

 the oflevii gs at i ur quotatioi s, the buying 1" ing on account 

 of the Ni nl.i : a Mills. 



Thi en little demand for Fine fi r sevi ral weeks ; 



on sequi ntly the stock of this grade had accumulated, which 

 admitted oi tin largi sales, which consisted principally of this 

 qiiiility. 



Tin very steady with a continuance of the 



demand taking the daily offerings. 



Tl en maud 1 1 ir Planters' crop lots, but 



at prins below the views of Factors. 



We quote, viz.: 



17d. I ".','/. c.i.f. & 5 pi i cent 

 16Jd. ' „ „ „ „ 



i6d. ,, ,, „ ., 



Extra Fine 27c. to 28c. 

 Fully Fine 26c. 

 Fine 25c. 



floridas vnd cjeobgias. There has been no change in 

 tl.i market this week. The offerings wen all taken at our 

 last qu< The demand is chiefly for Choice and Extra 



Choice, which Factot rel e to sell except in i junction 



with Fancy, foi which there is but a limited demand, and of 

 which the offerings chiefly consist, To secure the lower 

 grades, therefore, Fancy has been taken along with them. 

 The market closed very steady, with no disposition on the 

 part of Factors to lower theii prices, '"it rather to advance 

 thetn. 



The demand Is for N< rthern Mills, and the ixports from 

 Savannah md Jacksonville this week were again large, 

 2,97* bales. 



We quote, viz.: 



Fancy 

 Extra i Ihoicc 



■ ice 



25Jc. 2G ;i , 



J t '..■. 25ic, 



24 c, ,. 



The export • from Savai i ih for the wei i. 

 Northern Mills I , Southern Mil s 25 bales 



Jacksonville to Northern Mills 2,455 bales, 



The I'.S Ci nsus Bureau reports ci il ton gin \ 



N' a i 1 I. as follow - 



h Carolina 2,243 bales] 

 • leorgia I 1,791 .. ng a total ol 69, 177 



Florii 22,443 .. I 



against last year 53,875 bales. Total crop 78,857 bales. 

 L913 52,679 .. .. 85,544 ., 



1912 II. 121 .. .. 66 169 ,. 



1 «i 1 1 7 I "ii| ]•'■' si i 



wi re in 



in.l i 



I ' i 



bales 



ITALIAN CITRUS PRICES IN 1914. 



The following review of the Catania and Sicilian 

 market for 11*14. taken from the Perfumery and 

 Essential Oil Record for October 1915, will inl 

 lime and orange growers in the West In 



li is interesting to note that the prices of essential oils, 

 not onlj because ol the war, but from natural causes, had 

 fallen to a point below any in the preceding ten 

 During these ten years (from L905) the prices of essential oils 

 have steadily advanced, reaching the maximum quota 



in 1913. 



The following table indicates the price scale pei 

 f.o.b. Messin i, during the period 



Lemon < (rat l'„ . miot 

 Period. oil. oil. oil. 



Opened 1905 0-548 1-521 2 373 



Average, 1905 to 1909 0-852 -71, 2 859 



Average, 1910 to 191 I 1-724 1*967 t-988 



Closed 19] I 0-831 1-318 2-51 I 



From 1905 until -1913 thi o d was only sufficient 



to supply the demand. This accounts for the inability to 

 accumulate -tm-ks and the steady increase in quota 

 With better crops in 1913, quotai gan to fall, and 



M' ■; onlj vas ' he demand supplied but stocks bega 



aci "inula:.'. 



Lemon oil was sold in Sicily at §2-312 per lb. at the 

 beginning of I'M I . The accumulated stock from the 

 preceding year began rnfmediateh pn the mark 



that even during January, quotations fell to S2-00S, and in 

 February to $1-825. Local speculation at the end of 

 February forced a rise to ■-'_ 3l2but this was only temporary, 

 as quotations in March again fell to $2 - 068. At 

 the beginning oi April it was known that the Californian 

 crops were go nl, so that little profit was to be expected 

 from the export of fresh fruit ti the United 8 

 Great quantities of lemons, which would otherwise have 

 been exported, were therefore used in the manufacture of 

 essential oil and citrate of lime. The manufacturers of 

 the latter obtained good prici e Camera Agrumaria 



of Sicily continued to advance the price of citrate of lime. 



These combined circumstano - caused a large produ 

 ■ .I lemon oil, which notonly met the demand but permitted 

 the accumulation ot considera il icks. This i i 



would have occasioned a depreciation in prices, but the 

 outbreak of the Europ< in War created it further depression. 

 Tin price of this oil fluctuated between §2 06tf and ■- 1 582 



The i it. ct of the war was immediately shown in the nth.-. 



ni August and September, when the pi ice fell to iJO'973 

 and when it became ce'rtait I new lemon crop w mid 



bi _ , the price dropped still lower, closing the year at 



10-831. 



Tie- year 1914 opened with quotations ol sweet oi 

 oil at 52-677, but price- graduall} declined, until 



oi Maj sweet or.inge oil « i- quoted nt S2 133 per Hi 

 From June to September i marked drop was i 

 quotations having ni, he,, -I Tn.'!. With i he beginning of 

 the manufacture of the new crop "il buyers were only ol 

 •~ I ' - 1 7 . which low figure continued until theendofthi . 

 her t" December). As profits were insufficient to the 



manufacturers, only a small quantity of orange oil has i n 



produced from the new crop i t 191 I. 



Another important factor in the depression of the market 

 is the increasing production ol swetl orange oil in Jamaica 



