— Qo 



ordinary oil of a good quality. Although the price does not at present 

 permit the use on a large scale, it is possible that under favourable 

 circumstances linalyl acetate might come to play the part of a sub- 

 stitute of bergamot oil. If only from this point of view, the manu- 

 facture of linalyl acetate must be welcomed. 



In the perfumery trade it can be used in every case where the bulk 

 of ordinary bergamot oil in the manufactured product is inconvenient. 



A further advantage is its being absolutely colourless. 



Menthol. With regard to the commercial situation of this pre- 

 paration, the same applies as what has been said on p. 53 of the 

 present Report on the subject of Japanese oil of peppermint. Here 

 also the bears and bulls are standing face to face, and it is doubtful 

 which of the two will finally carry the day. The result will to a 

 large extent depend upon this, whether the cultivation of peppermint 

 in Japan has actually been restricted as stated, or whether that state- 

 ment has only the character of a hollow phrase. 



It is a fact that the consumption of menthol is still going up, 

 and that the number of medicinal and cosmetic preparations based 

 on menthol is constantly increasing. In view of the probably unique 

 usefulness and popularity of menthol, a decline of the value is in our 

 opinion scarcely to be expected; on the contrary, the present prices 

 should be taken advantage of for laying in an abundant stock for 

 the current year. 



This suggestion is fully supported by the statistical figures, for 

 only in the years 1888 and 1889 has the price of purified menthol 

 been lower than now. This article made its first appearance in our 

 lists in March 1881, at 140 marks per kilo, then kept itself for a long 

 time at 100 marks, and subsequently took a pronounced downward 

 course, with periodical upward movements. 



Total value of menthol shipments from Japan in the years 



1900 to 1904. 





1900 



19OI 



1902 



I903 



1904 





Yen 



Yen 



Yen 



Yen 



Yen 



to British India 



20875 



18807 



1 1 698 



23020 



63 955 



„ France .... 



4950 



25212 



22565 



43317 



I4I075 



„ Germany 



4639 1 



IOOO40 



71045 



193729 



159496 



„ theUnited Kingdom 



62995 



9706 



90833 



I55406 



229685 



„ Hong Kong . . 



13 964 



163884 



127369 



219 189 



156775 



„ the United States . 



23000 



III 130 



126525 



162754 



326784 



„ other countries . 



326 



8273 



13684 



6987 



12973 



Totals 



172501 



437052 



463719 



804 402 



IO90743 



