October 19, 1872.] 
THE PHARMACEUTICAL JOURNAL AND TRANSACTIONS. 
315 
wished to thank those gentlemen who had contributed 
so largely towards the success of the past session. In 
doing so he had to regret the loss of a most energetic 
member in Mr. Arkle, whose excellent paper, entitled 
“Notes,” was one calculated to do much good. 
A vote of thanks was then passed to the retiring 
officers and committee, and the following gentlemen 
were elected for the present session: — 
President, Mr. W. Lane (re-elected); Vice-President, 
Mr. J. Tyson; Secretary and Treasurer, Mr. J. T. 
Clarke (re-elected); Committee, Messrs. Blayney, Booth, 
Burton, Dodge, Hedley and Sanders. 
The President, after thanking the meeting, called 
attention to the increased accommodation and means pro¬ 
vided for the benefit of students preparing for examina¬ 
tion, and others connected with the business. He said 
that with the source of instruction now thrown open, 
Manchester would be second to no other provincial 
town in England ; and urged students to appreciate the 
untiring efforts of those gentlemen who had laboured 
hard to procure for them these facilities. This was 
to be done by regular attendance at the lectures; and 
not only by actual attendance, but also by that careful 
attention to every fact brought before their notice, 
which would undoubtedly gain for them the respect and 
admiration of their fellows as being a class of hardwork¬ 
ing students. This he felt sure would be the highest 
.reward and thanks they could possibly tender the 
founders of the Manchester School of Pharmacy. 
The next ordinary meeting will be held at 35, Black- 
friars’ Street, on Monday evening, October 21st. A 
paper on Elementary Chemistry will be read by Mr. J. 
T. Clarke. 
Hramimp of Somttifit 
.AMERICAN PHARMACEUTICAL ASSOCIATION. 
The twentieth meeting of the American Pharmaceu¬ 
tical Association was commenced in the city of Cleve¬ 
land, Ohio, on Tuesday, September 3, at 3 o’clock p.m., 
under the presidency of Professor Enno Sander. The per¬ 
manent secretary, Professor J. M. Maisch, called the 
roll of the members present ; about eighty registered 
their names before the close of the meeting. Creden¬ 
tials of delegates from twenty colleges of pharmacy and 
pharmaceutical associations were accepted. The names 
of seventy-five candidates for membership were read, 
and they were, after a ballot, declared to be elected. 
Various reports were then read. One from the Busi¬ 
ness Committee, upon a proposition to take the manage¬ 
ment of the business matters from the general body of 
members and vest it in a council, was considered the next 
morning, and after discussion, in which the bulk of 
-opinion was adverse to such a course, the subject was 
.indefinitely postponed. 
The President then read his annual address, in which 
he said that the financial affairs of the Association were 
in a much more prosperous condition than they had 
ever been before, and advised that the fees for initiation 
should be funded for future use. 
The second session was held on Wednesday morning 
at 9 o’clock. The committee on nomination presented 
their report, recommending the appointment of Albert 
JE. Ebert, of Chicago as President for the ensuing year, 
and, as Vice-presidents, S. S. Garrigues, Ph.D., Saginaw, 
Mich.; E. P. Nichols, M.D., Newark, N.J.; and H. C. 
Gaylord, Cleveland, Ohio. It also nominated the mem¬ 
bers of the Executive Committee, the Committee on 
the Progress of Pharmacy, the Committee on the Drug 
Market, the Committee on Papers and Queries, and the 
-Business Committee. The report was accepted, and on 
a ballot, all the persons nominated were elected. 
Professor Ebert, the President elect, having, at the 
-request of the President, been conducted to his seat by 
Sir. Wm. Procter, jun., and Professor J. F. Moore, 
briefly returned his thanks for the honour conferred upon 
him. 
The Report on the Drug Market, by John M’Kessor, 
jun., was then brought forward, accepted, and referred 
to the Publishing Committee. The following are a few 
extracts from this report:— 
“ The drug trade of the past two years has been more 
generally prosperous than in any previous one succeed¬ 
ing the war. Drugs are mostly imported commodities ; 
and as the premium on gold advanced during the year 
from 13 per cent, to 15| per cent., the general tendency 
of prices was upward. 
“ The prospect for business for another year has been 
improved by Congress further increasing the free list, 
adding to it almost all of the crude drugs, including a 
number of the essential oils, which will reduce consider¬ 
ably the value of goods. The few crude articles still 
subject to duty were probably overlooked, and the error 
will no doubt be rectified at the next session of Congress. 
Among these are opium, which pays a specific duty of 
1 dollar per lb.; assafoetida, 20 per cent, ad valorem ; 
Barbadoes tar, 20 per cent.; lime-juice, 10 per cent.; 
quicksilver, 15 per cent., etc. 
“We have to deplore the growing tendency among 
merchants to give longer credits as an inducement to 
obtain orders, rather than as an aid to retailers to meet 
their engagements. That manufacturers should require 
extended credit until their productions can find a 
market is not unreasonable ; but for dealers who sell 
their merchandise for cash, prompt payment is the only 
correct principle, as the extension of time to this class 
of buyers often leads to over-trading, followed by those 
periodical disturbances of business relations. 
“ The great facilities for intercommunication that have 
arisen in the extension and the opening of new lines of 
railways, has had a wonderful effect in benefiting busi¬ 
ness, and the enormous increase in the consumption of 
all articles of luxury indicates a continued advancement 
of wealth in the interior. 
“ Chemicals have excited considerable attention, and 
those for which we are in a great measure depending 
upon England, and that are so largely used by our 
manufacturers, have been in extensive demand. The 
enhanced price of labour and of fuel in Europe have 
added so much to the cost of production that an advance 
in nearly the entire list has taken place. 
“Morphine has, as usual, followed the variation in 
value of opium, and the market has been well supplied 
with quinine. This has not been the case during Sep¬ 
tember, when there was a very deficient supply of this 
important remedy, and the rather extraordinary figure 
of 3 dollars 75 cents was paid for some small parcels to 
meet urgent demands which had suddenly sprung up in 
the west owing to the prevalence of fever ; telegraphic 
orders were sent to Europe, but by the time the quinine 
arrived the excitement had subsided, and importers had 
to accept the then ruling figure, 2 dollars 50 cents, or 
hold their stock in bond for re-shipment. The English 
makers have advanced their rates, and now ask equal to 
18 cents more than the opening price; and our manu¬ 
facturers are obtaining an advance of 15 cents. This 
price is likely to be maintained, as the foreign article 
will cost, to import under the new tariff of 20 per cent. 
ad valorem , about 2 dollars 60 cents. Probably the 
quantity contracted for has been lighter than usual, so 
that if any unexpected demand arises next fall, as was 
the case last September, the manufacturers may make 
their price as low as they please, but those who may 
have a stock will be able to get any price they may ask. 
The finer grades of calisaya and red cinchonas have been 
scarce, but the higher prices offered in Europe have in¬ 
duced shippers to seek that market; and for the best red 
bark we have been compelled to get our supply through 
London. 
“ Cmdurango Baric.— The’extraordinary properties>s- 
