— 8 — 
130 marks per 100 kilos. At this rate we believe to be able to meet 
all further demand until the time of the new harvest. The sale at this 
price, which is still exceptionally low, was very brisk in all directions. 
Almond Oil, pressed from sweet almonds. The Sicilian 
and Bari fruit, which on account of the minute content of bitter al- 
monds comes almost exclusively under consideration for our manu- 
facture, could not yet be purchased at the former normal prices. With 
the latter we mean about 100 to 110 marks. But since forward 
transactions have gained the upper hand also in this article, it has 
become a tool in the hands of speculators, and the results of the 
harvests and other statistical considerations are only of secondary 
importance. The November issue of the "Deutsches Handels-Archiv" 
contains the following report from the German Consulate at Bari: 
"In the middle of March a few successive night- frosts destroyed the whole 
Apuhan almond-crop; of about 120000 bales of a normal full harvest, only a 
few thousand bales were gathered in the course of the autumn. After the 
frosts, the prices continually moved upwards all through the year, and on the 
lO^h September they reached their highest level at 219 lire per 100 kilos, gross 
weight for net, f. o. b. Bari, for first-class sweet Bari almonds, the principal 
brand of the district. Against this, the quotation in March, shortly before the 
frost, was 155 lire f. o. b. Bari. As the quantities available on the whole 
of the world's markets, for the season 1902, in the unanimous opinion of 
experts, approximately correspond to those of the season 1900, when prices 
of over 300 lire were reached, it was generally believed that the further 
movement in the prices would also be the same as in 1900. 
But it turned out to be otherwise. The depressed economical situation 
led to such a restriction in the demand, especially from Germany, the principal 
consumer of Bari almonds, and to such a flagging of all speculative enterprise 
on the part of German import firms, that the Bari market, operating with a 
stock of about 40000 to 50000 bales of the 1901 crop, was no longer able 
to hold its own against the universal reserve. A collapse followed, and the 
quotations fell rapidly and without interruption. 
At the end of March 1903 the quotation for spot was 160 lire per 
100 kilos f. o. b. Bari, with practically no business." 
Unfortunately we have not been able to obtain in good time a more 
recent authentic report on the state of the market. 
Our quotations are calculated on the basis of new Sicilian almonds. 
We only ship oil which has been pressed quite freshly. 
Oil of Ambrette^seeds. Offers of ambrette-seed have lately 
been more numerous than ever before. In addition to the seed from 
the West Indies and Java, large consignments have arrived from the 
Comores, which have depressed the prices considerably. If this over- 
production should continue, the values will show a marked decline, 
as the consumption is limited. 
In consequence of the above-mentioned facts, the prices of the 
two kinds of essential oil also suffered a decided drop. 
Our distillates are of standard quality in every respect. 
