534 
THE TROPICAL AGRICULTURIST. [Ttn. !. 1894. 
lieinir units .tid oontempliHe tlie inrreann* store of 
weal.h •conrr.nlBtins; in the dermie of their Lcdytr- 
How far removed doei not the time appear .hen 
all tbe drue-world wondered wlietber quinine could 
possihly f«ll low as 58 per cz. ! And yet it 19 on 
ten short years ago since that drendeH o»t«olyBn3 befell 
tbe Hrug-tr«de. On Jarnary 24, 1884, after .he b-e.k- 
down of tbe Rhort-lived notorious " comi iDa'ion 
10 000 oz. of Zimmer'e quinine were sold ' •ithout 
reserve" by public 8i»le in MiDoinK Lane at 58 to 5. 6<i 
per oz , a decl ne of 2s per oz. (rem the quotation o 
December. 1883. A twelvemonth later, at .be ei.d of 
1883, second-hand German bulk qu ume, h 
then already become the bogey of the nmrket, mwbt 
be bought at U 8d per oz. ....I since then, ^'tb 
a rally the quioine-prices have sunk lower and lower. 
Until 1883 and 1884, thofe comet-yearo of the 
oninine-tr >de, an occasional dmp or rise or a 
shilline per cz. or so was reK«rded with cooipara- 
Jfve equanimity. It ia true that it was on rec.rd 
th.t once-in 1864, we believe-qaiuine h»d so d 
»t a. low a figure as 4- per oz.. bur it .as h-f-ly 
expected that bo low a price would ever return. 
When in 1886 h»lt-crown quinine became a horrible re il- 
itf ard still more so, wh.n.fterwRrds. in the ye^, 
1« lOd per oz. was momentarily qnrted, th« trads 
irnerally besan to think that rock-bottom had een 
touched, and it is a curious and ...►truct.ve pastime 
to re read some of the circularn issued at that peru d 
hv firms who demonstrated with th- utmost vitour, 
and ft.ked their reputation upon th« correctness of 
their opinion, that the pmcoss of d^P/f"*!'"" 
no further Ro. Never.heless, in November. 18S7, Is 3.1 
per oz. was accepted in thewholeesle market, a. d lo the 
drug.auclions of May 16-h 18^9, " j.h..l.n« q"'n'|>e 
b came an historic 1 fact. Nay, the descent into 
Avernns continued ontii this spring, when a p.rcel 
offered at auction in London only realised 8g I per oz. 
Those who " assisted " at that sale may p rhaps 
carry about with them for the restof tli.ir live, or 
at any rate until the advent of artificial quinine, the 
proud retnembrance that tbey witre-s-J the lowest 
Quotations on record in the history of tl e artiole.-Zitrf. 
BABK AND DRUG^YANILLA) REPORT. 
" (From the Chemist and Druggist. ) 
^ LoiKii.n, Deo. 21. 
rr^riTKK -Last week we announcod that an aayaace 
.a?&r Since then ^^'^^^^ ^y^; 
chlorate (in tl.8; ^ea^ than °5 oz Delivery may be 
of '-crude „ ^^P?"ib • Hambura a32 lb. New 
^U'^^^Tir'rUe 'otai weight oT"^^ was v.lued at 
£23,422 108. ^ jj^g market closed firmly, with 
^'''uuTel.usiners^n secon hand -oreign bulK quinine 
some little Dusinesa " pHtlav ahout i .0 0 oi. changed 
^* 'il'^ni^m^r?! tS l-id Per% Earlv iu the wee a 
hands at from. 1' |^„*°/;*"|^ „as reached by a s. le, on 
lurther f(^d per oz.^ Sine hen 
Monday, lit t°^„^„f nuiet fcain, and no furtler bnsiue=.s 
^'r^ori.ed Today the p .itlon is :-Se,ler. at lOJd, 
5*' '^TJ^'^^er oz Nothing doin.,'. The German makers 
buyers l^S* ."^r >ed tbe^^^ ' ^• 
have pr gr«^8V'*ly.™^^,®„ntitie- an) Is i^er oz. £ r smaller 
for bulk ^^Xs? I'^Xl "if cinchona ofiered at la.t Thurs- 
lot*. The richest P^joff "J -13 bales crushed 
day's ^'"^'«f,'?=^t^°an aUo^ coolaiuing the equivalent 
Ledger from » »f y***.^ uh^te of quinioe. This lot soH 
of 12- 1 i per cent ..f ^^1^* . „ ga? 7jd per lb. Ams- 
at the .ate 4^0 per b^"-^!^"- f f/gg.^ i_oo4 kilos 
tetdam ^f.^,"^; J^tcTS kU b at 4c 7.893 vUos at 3ic 
a^aT2ruSruUofaf3iftheunit. The chief bay e. were 
Mr Gust Briegleb who bought about 
Mr J J LouecF isser do 
Messrs. W choffler&C,i. 
Tbe Phaimac. Hand. Vereen 
The Amst. Quinme-worbs 
Mr. J? de ^iig'' 
Various buyers 
B6ugtS in or^mthd^^^^^^ ^ith a goVd demand. 4. 
The general tent ency^ was druugUts' bark in heavy 
Sfe^'^uVrr^SXabotit^Oto^^^^^ 
do 
do 
do 
do 
do 
do 
iit>77 
3743 
B6'3 
34-0 
2033 
8 8 
431 
60u5 
and realised the equivalent rf teJid per )b (eOe r«rliaJ<- 
Vil".) The tendency in this claas of t.ark was lrreeul»r, 
but very firm Jor fin*' quality. Th- loliowl»R U* !• ^hljW8 
the quantitative equivi<lcnt» ol euUibate of quinine in 
the b»rk ottered at tl>e Am^terdBm < inchona auction thi* 
year, togetlier with the qu»nilt(es sold and the averai;* 
uuits. h eboul<l be Ixrie in mind lliat m mtnyfa^esa 
corsiderable iroiortiou of tbe tark wUhdrnwu at aoctiou 
was iuimediat'-ly sold iirivalfly after the -aleb ;— 
Date. Offered. Kilos. Sold. Kilos. Unit, cents 
Janoary I2tb e.3.:3«) 13.2(0 M 
February 16th 14.V50 10.2SO .'•1 
March Sf3rd 23,0< 0 W.toO 64 
April S7th 14,.' CO i:^,'''0 f* 
Jane 1st 22,(i00 IZ.^Cu 41 
July 6th 2b.VM 1« H 
Augnst Slut 26,^00 7,000 it 
October 6th l?,- 00 )3,u00 2? 
November 9th 17,»fO 16,- -V) ?| 
Itccember llth 2«,5C0 20,fOO ?i 
ao9.6f0 132..^50 
Vanill.^.— The foUowiiig fiK"re6 ar« given ab repraseoiloff 
the annual crop of Vat i'la in the island of Bourbon dur- 
ii)p the last twent yyears :— 
Year lb. Year lb. Year lb. 
lf-73-74 . 21,568 IHSO SI.. 60,ti68 J*T-W. .1V!>,»*'' 
'74-7.'> 4.- 9('3 'y-fiJ.. Cl.cei 'uli'ii. .V*.f-'.7 
•7.S-76..f 0.340 '*S!-«3.. 46.4'« W-gti. . lOVTo? 
•7f-77 f3 390 83-S4.. 61.707 SO- 1. .18*,4;3 
•77-78 70,.=;09 'Sl-RS. .107,025 '9I.9-.'. .1P9.5*« 
'7f.7»..*S5 8'« 'i-.VRH. .Iv.S.^fO '»2-9? .9"7,3!0 
•7tf-80. .98.316 '66-87. .108. f07 
MARKET FOR TEA SHARES. 
[from ODR i-peclAL CORBK.'iPONDEKT.J 
THE YEAR 1893. 
Dealing' in Tea Companif s' sbsres have again been 
on an iicr. a-ii s sca'e. This is largely due to the 
greater publicity which ia now given to tb«-m 
in the press fti well as to the greater in- 
terest which lias been aronned in the public m!nd 
by the fact ih»t these swcuiities have not suffered 
fo much as other classes of siroiUr investment secuti- 
tiea from the shock which baa afftcted the stock 
markets generally. 
The rape exoha'^ge, which it was anticipated 
at one time would exercise an unfavourable icfluenee 
oa Tea Companies* results, baa so far been barmlf-BB, 
and we are informed that tbe 1893 ra'e f<T Tea 
Companies' remittances will likely prove to be some- 
thing like one penny per rupee more f«Toura))le to 
Item thanin 1892- 
The tendency towards amaUamation aaong Com- 
panies has Bga-n this year b. en reaarkable. We 
have to chronicle the ret.iitr«tion, under the Joint 
Stock Companies A2I3 of more than one group of 
ei-tites ; the Luckimpore Company has been absorbed 
by the M «jnli Company ; the Chubwa Comphny has 
swallowed up the Nonoi Company ; the ftloabund 
C -iupany absorbs tbe Gotof^nga es ate ; and the 
Sbumsl emngger Company has acquired tben<igh- 
bo^irine Kai.i yhat'i estate. The c ming y< ar will 
probably » itness further similar conversions. 
To give our readers sonie idea of the range of bhare 
valuea dnriag the vear, we quote beneath some of the 
best koown shares, with tier varia'ions in price : — 
Mahket Stocks, 1893. 
C<mpany, Opening. H'gheat. Lowest. Closing 
Assam 30 30i 26i 28 
Britlndan li 2 1| U 
Dooars, Ord ISJ Lii 13 13^ 
Dooars, Pref ISJ 14i 13J 14^ 
East Assam H H 2^ 2* 
Jokai 15 15| 14 14i 
Jorehant 33^ 34i SIJ 32§ 
Lebonw(old) 10| llj lOS — 
Leboug (rtdac d) ... — 10 9# 
Ukquoted Shaees, 1893. 
0( eiiit.g. Highest. Lcwest, Closin||> 
Ceylon Plant Ord.... 15 16 14^ 15i 
Ceylon Pla t Pref... 12 13i Hi 18 
—a. and C. Mail. 
The Cultivation of Libeeian Cofiee in 
Java (Bay Messrs. James Cook & Go.) is largely 
on the inoreaae, as is also the case oa ttn 
Malabar Coast, 
