— 87 — 

 The exports during the past 10 years have been as follows: 



September 1902 to August 1903 

 1903 

 1904 

 1905 

 1906 

 1907 

 1908 

 1909 

 1910 

 1911 



1903 



840 Tons, 



1904 



820 „ 



1905 



500 „ 



1906 



920 „ 



1907 



550 „ 



1908 



525 „ 



1909 



755 „ 



1910 



760 „ 



1911 



560 „ 



1912 



690 „ 



Total: 6920 Tons. 



The average of the season, therefore, has been 690 tons. Seeing 

 that at the close of the season 1911/12 the whole of the old stock 

 had been cleared, it follows that with a crop estimated to reach not 

 quite 600 tons, there will be a shortage of about 100 tons in the average 

 quantity required for shipment. 



Basing ourselves upon our many years' experience of the article, 

 and upon the data concerning the new crop which are at our disposal, 

 we regard any important fluctuations in the prices of orris root this 

 season as impossible. 



We have been obliged recently again to advance the prices of both 

 our qualities of orris oil, after first giving our regular customers an oppor- 

 tunity of covering their requirements at the old rates. The cheap stocks 

 of orris root are now at an end, and the sustained demand has caused 

 the prospects of the future course of the market to become much firmer. 



We would take this opportunity of giving a word of commendation 

 to our Orris-Resinoid, which is much esteemed in the manufacture of 

 toilet soap as a perfume-fixing agent. 



Palmarosa Oil. The position of this article must be described as 

 extremely quiet. This is probably in the first place a consequence of the 

 * fact that owing to the high prices of the last few years the employment 

 of substitutes, such as our Palmarosa Oil Substitute, has been resorted to 

 in many quarters, and because those who have once taken the step are 

 loath to abandon this cheap and efficient preparation. During the summer 

 there have been no fluctuations whatever in the prices of palmarosa oil, 

 ^ but the market must be called weak, for transactions of any importance 

 ™ have been completely wanting, although the stocks in India have been 

 exhausted since about the month of May. Nothing definite is yet heard 

 about the new crop. In the principal districts distilling commences in the 

 month of October. The scanty offers which have come to hand thus far 

 mentioned high prices, but they were probably altogether of a speculative 

 character, for in view of the favourable course of the monsoon (see 

 introduction, p. 10) there does not appear to us to be any logical ground 

 for regarding the future of the article with a pessimistic eye. 



