44 
Total Exports: 
in 1902 
in 1903 
Kilos 
Lire 
Kilos 
Lire 
„ Reggio 
903319 
125325 
4438 
52415 
12 646466 
1754550 
62 132 
733810 
740152 
89028 
2576 
33184 
10362 268 
I 247491 
25760 
331840 
Grand Total 
1085497 
15 196958 
864940 
II967359 
1. e. m 1903 
220557 3229599 less than in 1902. 
Table of Exports during the last ten years: 
Kilos 
Lire 
Kilos 
Lire 
1903 
864940 
II967359 
1898 
667293 
9015083 
1902 
1085497 
15 196958 
1897 
732092 
9719133 
1 90 1 
820982 
12314730 
1896 
514067 
7579424 
1900 
842 246 
10972295 
1895 
554191 
8081870 
1899 
797145 
10722445 
1894 
666740 
8308148 
4350810 
61173787 
3134383 
42703658 
Average figures: 
Average figures : 
870 162 kilos 
626876 kilos 
12234757 lire 
8540731 lire 
With regard to the individual kinds of essences, we have to state, 
in continuation of our Report of October 1903, that the situation 
of the Bergamot Oil market has not developed during the last few 
months of 1903 in the manner which had been expected. 
In view of the anticipations of a rich new harvest, and of the 
attitude of expectation assumed by buyers abroad in consequence of 
the original high prices, the article had in September fallen from 19 to 
1 5 marks. Whilst the general expectation was that the prices would 
continue to decline down to the time of the new harvest, and very 
low prices for new oil were also discounted, there came in October, 
in a most surprising manner, a brisk demand from abroad, which not 
only forced up the prices of old oil by several marks, but also com- 
pletely absorbed the not unimportant stocks, and left the market 
absolutely denuded of oil. 
If by these purchases the requirements of the foreign markets had 
been covered for some months to come, it might just have been 
possible that the new oil, on being placed upon the market, would 
have found no buyers, and that new stocks had accumulated, which 
in face of the good harvest and the rich oil-content of the fruit 
would undoubtedly have depressed the prices. But this expectation 
/ 
