PHARMACEUTICAL ASSOCIATIONS

A. Ph. A. Building Headquarters or Home. The Chicago branch of the A. Ph. A. devoted the May meeting to the discussion of this subject. President W. B. Day of the A. Ph. A. said:

"The marked growth of the American Pharmaceutical Association during the last seven years, its increase in influence no less than in membership and more especially the development of a strong monthly Journal with the advantages that this implies all these features serve to emphasize the need of a center around which the activities of the Association may be collected and from which they may extend through the whole field of pharmacy. "Looking back over the history of our Association, we may trace the successive steps in its upbuilding. Early in its life, the importance of having a permanent secretary was discerned, and how well the selections were made is apparent when we consider that two men filled this office for nearly half a century, J. M. Maisch from 1865 to 1893 and Chas. Caspari, Jr., from 1894 to 1911.

"To a limited extent, then, the office of the permanent secretary became the headquarters of the Association's activity in the interval between the annual meetings. But how meager were the advantages thus afforded for carrying on the work without interruption! A year ago our present .secretary stated that the Association did not possess a complete set of its own proccedings-and naturally the opportunities for accumulating a library such as exchanges for our proceedings would have afforded -were lost beyond recall.

"Not the least advantage of a permanent home-a fireproof building where suitable equipment and facilities could be provided-would be this very feature of developing a library-exchanges with our Journal, books sent for review and donations of books by members would in a short time result in a collection of books of considerable proportions and be of great assistance to pharmaceutical research.

"Our historical collection would provide the beginning for a museum which through the efforts of our historical section would in time become an important feature. Many interesting pharmaceutical relics would be presented to such a museum if the donors could be assured that the exhibits would be safely cared for and yet be available to the inspection of those who were interested.

"Of more immediate need to the Association is a suitable laboratory where opportunity could be given for testing the formulas for the official standards, the Pharmacopeia and National Formulary, as well as for the proposed Receipt Book. Special research work might also be undertaken here, such as was contemplated when the Centennial Fund was established. Should the Association decide to establish a Council on Proprietary Medicines-as has

been recently suggested-a laboratory would be a prime requisite.

"The proposed A. Ph. A. home would constitute a true memorial to our illustrious dead, whose memory could be perpetuated by tablets suitably inscribed and placed in its library. Pharmacists of the type of Procter, Maisch, Prescott, Ebert, Hallberg, Oldberg and others whose names will come to our minds in this connection would be most appropriately honored in this manner.

"The office of the secretary and the rooms devoted to the publication of the Journal, the National Formulary, Receipt Book and such other publications as the Association may undertake will, of course, be located in this building, which should be so constructed as to allow for additions as needed.

"The home should be located on a convenient but not costly site, preferably in a large city, so as to furnish the publication facilities required, and we believe should be reasonably near to the center of population of our country.

"Two financial considerations present themselves: First the raising of a fund to purchase a site, and to erect a building and equip it. Second, to provide for the necessary expenses of supporting such a home and of utilizing its possibilities as fully as possible. With the growth of the Journal, the larger income from membership and the available proceeds from our permanent funds, I believe that the expense of supporting such a home may be safely assumed. But the problem of raising the fund amounting to perhaps fifty thousand dollars for the site and building, remains. I believe that a general call upon our members and the entire drug trade of the country, in this worthy cause, would meet with a liberal response. We have seen how quickly the Hallberg fund of nearly five thousand dollars was raised. I am confident that the response to our appeal for a building would be equally prompt and generous.

"And just a word, in conclusion, I wish we might avoid the use of the title ‘A. Ph. A. Home.' It has already caused some confusion regarding the real purpose of our project. 'Homes' of various kinds, for the aged, indigent and infirm are common. So that there may be no misunderstanding, why not call it the A. Ph. A. Building?"

THE PRACTICE OF MEDICINE AS A FINE ART.-Both in diagnosis and in treatment, one skilled clinician of long expeience may be, and often is, much more accurate when not using elaborate scientific methods than is another who is using them. The scientific physician in treating a case of pneumonia may pin his faith down entirely to the use of a vaccine, and perhaps deprecate the use of other methods; the more artistic physician may use the vaccine but will most certainly not rely on it only, but on many other means, some of which may seem trifles to the scientist. [Ernest S. Reynolds in British Medical Journal.

ST. LOUIS LOCALS

C. J. Wachtel, Ph. G., has purchased Martin Schoenrich's pharmacy, at Eighteenth and Chouteau Ave. He has been clerking in the store for some time.

Frank A. Haines, Ph. C., is now manager of the new business department of the Goodnow Realty & Investment Co., Title Guaranty Bldg., 700 Chestnut, and will be glad to hear from his classmates.

The steamboat excursion of the Alumni Association of the St. Louis College of Pharmacy, June 5, was, as usual, a great success. Mrs. M. C. H. Arendes was voted the most popular lady and A. S. Ludwig the most popular gentleman in attendance. Forty prizes were given to the children guessing nearest to the boat attendance.

Dangerous to Burglarize a St. Louis Drug Store.The night of July 13, a burglar attempted to force a window in the drug store of Edw. A. Medler, 2601 Hebert St. The clerk, Harry W. Biesterfeldt, nineteen years old, shot in the direction of the noise, struck the man in the face and later found that he died almost instantly. A few years ago, G. Alvin Layton and his brother, F. Emmet Layton, of the Layton Drug Co., while sleeping in the store, heard a burglar at work and shot through the door and the burglar died before he got out of the yard. The police department in both instances commended the young men for their good work.

ting parks and public grounds filled with native plants as a means of preservation. He pointed out how one plant after another is becoming extinct and are found only as dried specimens in herbaria.

NECROLOGY

Riggs. Wm. Riggs, a druggist of Cushman, Ark., died on May 19, 1913. He was born at Mount Carmel, Ill., September 11, 1832.

Mack. Otto F. Mack, Ph. G., died at his home in St. Louis, July 15, after an illness of two years. He was forty-six years of age. The remains were incinerated at the Missouri Crematory. Mr. Mack was a graduate of the St. Louis College of Pharmacy, for several years in the employ of the Meyer Brothers' Drug Co., and of recent years proprietor of a drug store at 6100 Easton Ave.

Henrion.-Francis Henrion, a pioneer pharmacist of Sedgwick county, died at Wichita, Kan., June 27. He came from France to America in 1897. He was a drug clerk in New York City and for a time in the drug business in St. Louis. Mr. Henrion next located at Fredonia, Kan., and finally at Clearwater. He retired from the drug business some years ago and made his home at Wichita. His son, Walter Henrion, of Wichita, is a graduate of the St. Louis College of Pharmacy and a member of the state board of pharmacy.

THE WEIGHT SYSTEM.-In St. Louis there are at present about six druggists who have adopted the "weight system" of selling bulk ice cream for over a year. These druggists assure your field secretary that it is the ONLY WAY to make a profit on bulk ice cream.-[E. A. Sennewald

When the Boat pulled out. the

J. A. Wilkerson is a Man of Veracity and the next time that he announces the hour of departure of the boat returning from a St. Louis College of Pharmacy Alumni excursion, the members will believe him and not be misled by an old, out-ofdate sign announcing some other hour. The party pictured by our artist is especially anxious to testify to this fact.

St. Louis Medicinal Plants Numerous. At a.meeting of the St. Louis Branch of the A. Ph. A., L. P. Jensen gave an illustrated lecture on the plants growing in the vicinity of St. Louis which are used in medicine. Mr. Jensen, according to the Journal of the A. Ph. A., exhibited about eighty different plants which he had gathered on the Grant Farm, in St. Louis Co. In the following list, these plants are indicated by a star. Mr. Jensen urged pharmacists to use their best efforts in the hopes of get

H. W. Riess, Sgt. 1st Class, Division S. O., 2nd Div., U. S. A., at Texas City, Tex. Mr. Riess is an enthusiastic member of the A. Ph. A. and interested in the welfare of pharmacy in general.

ST. LOUIS LOCALS

Oscar A. Schraut is chief clerk for John Mueller, Lee and Prairie Aves.

Charles Lang, formerly with Hood & Son, Litchfield, Ill., is now located in St. Louis for the summer and winter.

Henry, E. Reis, Ph. G., is located at Sennewald's Pharmacy, 800 Hickory St., and is anxious to hear from his classmates.

A. R. Cox, Jr., Ph. G., '13, is in the Prescription Department at the Wolff-Wilson Drug Co. and anxious to hear from his classmates.

William J. Stanley, Ph. G., '11, is clerking at Pippert's Pharmacy, Vandeventer and Finney Aves., and will be pleased to hear from his classmates.

WM. J. STANLEY.

N. J. Pippert, Ph. G., '99, has remodeled his store at Vandeventer and Finney Aves. and brought it up to date in every respect. Correspondence from classmates is invited.

Jose Close is a junior clerk with the Joseph Horne Drug Co., 5801 Delmar.

Albert Finke, after a vacation from the drug business for ten years, is now at H. W. Schulze's Drug Store, Vandeventer and Laclede Aves., and glad to find himself back in pharmacy.

E. C. Flint, western representative of the National Fruit Products Co., Boston, Mass., has his residence at 1855 Russell Ave., and will be pleased to hear from Mo. P. T. A. members he met at Pertle Springs.

Dr. W. J. F. Bade, Ph. G., pharmacist at Washington University Hospital, is busy at home as well as at the dispensary. This is on account of a ten-pound daughter that arrived, April 28, at his home and has grown rapidly since that time.

The St. Louis Pharmaceutical Society held its third annual meeting, July 8. President William K. Ilhardt in his annual report urged larger membership, closer relations between physicians and pharmacists and a continued scientific program for the ensuing year.

Treasurer William F. Ittner reported a satisfactory balance on hand. Secretary W. C. Bolm advocated greater publicity and reported an increase of 10 per cent in membership.

The following Board of Directors was elected: A. P. Bentz, W. C. Bolm, Dr. Otto F. Claus, William K. Ilhardt, William F. Ittner, J. P. Schoenthaler and Henry F. Sum.

The following officers were elected by the Board: President, W. K. Ilhardt; vice-president, Dr. Otto F. Claus; treasurer, William F. Ittner; secretary, William C. Bolm; assistant secretary, Henry F. Sum.

The luncheon was served following adjournment. The St. Louis Pharmaceutical Society is looking for a home since the Union Club has ceased to be. St. Louis College of Pharmacy.

Officers for 1913-1914-Dr. J. C. Falk, president; Thos. A. Buckland, vice-president; S. Boehm, treasurer; Wm. K. Ilhardt, recording secretary; Ambrose Mueller, corresponding secretary. Board of Trustees-L. A. Seitz, chairman; H. O. A. Huegel,

Theɔ. F. Hagenow, Theo. Meyer, Dr. O. F. Claus, Edward Mallinckrodt. Regular meetings third Tuesday of each month.

Board Committees: Hall S. Boehm, chairman; Theo. F. Hagenow, H. Huegel.

Cabinet and Apparatus-Hy. Huegel, chairman; Theo. Meyer, Ambrose Mueller.

Library Thos. A. Buckland, chairman; Dr. J. C. Falk, Dr. 0. F. Claus.

Publication-Dr. O. A. Wall, chairman; Thos. A. Buckland, Theo. Meyer.

Course of Study-Dr. O. F. Claus, chairman; Hy. Huegel, Theo. F. Hagenow.

Auditing-Theo. F. Hagonow, chairman; Ambrose Mueller, Dr. J. C. Falk.

Examinations-Theoretical Pharmacy, Dr. O. F. Claus, Dr. J. C. Falk, M. J. Noll, Otto Hanser; Practical Pharmacy, S. Boehm, H. Huegel, Ambrose Mueller, W. C. Bolm; Theoretical Chemistry, Thos. A. Buckland, H. Huegel, Theo. Meyer, Geo. R. Merrell; Practical Chemistry, Dr. O. F. Claus, Theo. F. Hagenow, E. A. Sennewald, J. A. Wilkerson; Theoretical Pharmacognosy, Ambrose Mueller, T. F. Hagenow, Wm. C. Bolm, A. D. Daily; Practical Pharmacognosy, Dr. J. C. Falk, L. Lieberstein, O. J. Cloughly, A. J. Bretscher; Commercial Pharmacy, Theo. F. Hagenow, E. A. Sennewald, M. J. Noll, Otto Hanser.

Cadel Bostick is manager of the O. J. Krummenacher store, Vandeventer and Washington Ave. R. M. Gerber, Ph. G., '96, enjoys taking a ride in his new Ford automobile during the hot nights.

M. A. Smith, manager of the FrickeHahn Drug Co., is an expert fisherman and always in practice.

The Cinchona Club held its July meeting at Forest Park Highlands. After the business meeting, the ladies joined the dinner party and enjoyed a good vaudeville performance.

R. M. GERBER.

Distinguished American Pharmacists. Dr. Henry L. Taylor some time ago called for a list of the ten most distinguished American pharmacists. Many responded and over eighty names were mentioned. In the list we find the following who were once active in St. Louis. They were voted for in the order as indicated by the numbers given: 25, Dr. Enno Sander; 28, Dr. Charles O. Curtman; 67, Eugene L. Massot; 76, F. W. Sennewald.

The Pharmacist Always Blamed. It was at Kunz' Pharmacy that a man called for tincture of aconite and convinced the clerk that he knew what he wanted and how to use it. Soon after, it developed that the customer's wife gave a dose of the tincture to a child with a fever and became frightened, fearing that she had given a poisonous dose. Her excitement resulted in the child's being taken to the dispensary, where the physicians failed to find any signs of poisoning and sent the child home. The police, however, secured a warrant against the assistant pharmacist who sold the tincture of aconite in the presence and under the direction of a registered pharmacist. The newspaper account stated that an unregistered clerk at Kunz' Pharmacy sold tincture of aconite, a deadly poison, when "spirit" of aconite was ordered, and that probably fatal results would follow the administration of the medicine. Such unpleasant notoriety is one of the penalties of being a pharmacist and competency and conscientious work is no safeguard against police warrants and newspaper misstatements.

IT IS what you don't know that defeats you.

MARKET REVIEW

Saint Louis, July 28, 1913. The Mid-Summer Season is now at its height and although ordinarily recognized in many lines as the dullest of the year, an unusually satisfactory volume of business is reported from most sections, forecasting a gradual expansion with the advance of the season.

The agricultural outlook is, taken as a whole, favorable for a yield of most staples well above the average, and at the present prices will show a big return on investments. The excessive heat prevailing in certain sections of the country has threatened the oats, hay and corn crops and an abundant rainfall will be of great benefit, particularly in the great agricultural sections of the southwest, where, although conditions cannot be called critical, the crop outlook will be governed largely by the rainfall of the next few weeks.

The uncertainties of the contemplated revision of schedule A of the tariff law, and also Anti-Narcotic legislation, have possibly restricted buying operations in some of the lines most affected, although the delay in enacting these bills associated with market changes and crop conditions have in a measure offset the necessity or possibility of any very radical changes.

The price changes of the month have been many, with more concessions than advances in evidence. Where prices have advanced, it has usually been the result of greatly depleted stocks and prospects of short crops. It is now anticipated the trend of prices for botanical drugs will be generally upward, as advices from Central and Southeastern Europe state the yield will be exceptionally light, owing to long continued droughts, particularly of those obtained from Germany, Austria and Hungary. The lower prices now effective have resulted from favorable prospects for this year's crops, or in anticipation of stimulating the flagging demand.

A list of the principal items affected since our last report, a brief summary of conditions under which fluctuations occurred, and current quotations for quantities purchased by druggists, follow:

Opium-Declined; earlier estimates of the extent of the 1913 crop are now conceded to be conservative, for favorable conditions indicate a production of at least 8,000 cases, the quality of which average well above the ordinary run of Turkish opium. The demand is light, as operations are all of a hand-to-mouth description, buyers covering only their immediate requirements, anticipating a further weakening in the primary market, which is likely to carry prices down to an extent commensurate with the doubling of the import duty in this country. European morphine makers have been making extensive purchases of low grade Persian opium, suitable for manufacturing purposes, with which Great Britain and Continental Europe has been flooded, and their withdrawal from the Turkish market tended to a further weakening, apparently checked in a measure, however, by reports of a renewed invasion of some of the most important producing districts, formerly under Turkish rule, suggesting that the yield may be seriously curtailed unless the gum from the incised poppies has been gathered and marketed. This report has strengthened the local markets and temporarily checked a possible downward revision in the price of derivatives. Powdered and granular forms continue to be held a broad differential over gum, although supplies are more readily obtainable. U. S. P. gum is now quoted at $6.50 to $6.75; high test Karahissar gum at $6.75 to $7.00; powdered at $8.75 to $8.95; granulated, $8.90 to $9.10 the pound, as to quantity.

Morphine-It was anticipated makers of this derivative would lower their prices to a parity of the present values for Opium, although conflicting advices regarding the new crop conditions in Turkey induced them to defer this action pending confirmation. The movement is light and covers only actual requirements of buyers for immediate consumption. Sulphate is now quoted at $4.75 the ounce for eight ounce vials; ounces, 20c, and five ounce tins, 25e the ounce lower; ten ounce lots are subject to a further discount of 5c, and twenty-five ounce lots, 10c the ounce; the other salts in eighth ounce vials are now quoted as follows: Alkaloid, acetate, $5.85; hydrochloride, $5.85; Phosphate, $7.60; diacetyl-alkaloid, $6.70; diacetylhydrochloride, $6.40; ethyl-hydrochloride, $8.15.

Codeine Only a moderate demand is reported and makers continue to quote on the basis effective for some months, anticipating the possibility of a strengthening tendency for Opium and the imposition of the new tariff rate. Alkaloid, hydrochloride and nitrate are now quoted at $7.10 the ounce for one once vials; phosphate, 50c, and sulphate 25c the ounce lower. Eighth ounce vials, 20c the ounce higher.

Quinine-Advanced; negotiations between the growers of Cinchona bark and the foreign makers of quinine salts, tending to a curtailment in not only the production but also the shipment of bark and the establishment of a minimum price for Quinine, consuming the greater part of a year, were closed on July 15, after both interests had made minor concessions. This arrangement covers a period of three years and provides for a division of the profits on Quinine salts with the growers, if the price advances higher than the unit specified in the contract and that ouinine makers take not less than the minimum quantities of bark specified in the contract. The Amsterdam bark sale schedules for July 12 was passed by agreement and the 12,683 packages withdrawn from the market. The unit price of five Dutch cents for bark will work out about a twenty-seven cent basis for sulphate on spot, and although no immediate change was made by domestic makers, on July 22 an advance of one and one-half cents was announced by foreign as well as domestic producers. The demand is active at the higher prices and the firm views of domestic and foreign makers and holders evidence the increasing strength of the present situation and forecast a possible further enhancement of values. Sulphate and bisulphate are now quoted as follows: 100-oz. tins, 25c; 50-oz. tins, 261⁄2e; 25-oz. tins, 271⁄2c; 5-oz. tins, 371⁄2c; 1-oz. tins, 341⁄2c; 1-oz. vials, 36c; -oz. vials, 411⁄2c; 4-oz. vials, 462c; -oz. vials, 56c; 1/12-oz. vials, 711⁄2c; 1/16-oz. vials, 861⁄2c the ounce; 5-0Z. tins and smaller subdivisions, in 25-ounce lots, one cent the ounce lower; the minor salts in one-ounce vials, inclusive, are now quoted as follows: Alkaloid, 66c; acetate, 68c; bimuriate, 65c; citrate, 64c; hydrobromide, 60c; hydrochloride, 58c; phosphate, 62c; salicylate, 60c; tannate, 40c. Alcohol, Grain-The present prices are lower than are ranted by the ruling market for corn, and distillers claim to be operating at a loss, as the present price is based on forty-six cent corn and the market is now well over the sixty-cent mark. It is believed the trust are holding down the price in order to eliminate independent competition and prices are liable to be readjusted to a higher basis at any time. The various proofs and packages are now quoted as follows:

war

188°, barrels, $2.58; half barrels, $2.63; ten gallon cans, $2.78; five gallon cans. $2.90 the gallon inclusive, subject to a discount of 10c the gallon for cash in 10 days.

190°, 5c the gallon over 188°, same terms apply.

Alcohol, Denatured-Declined; sharp competition on the part of the producers is responsible for the fractionally lower prices now quoted. The various proofs and packages are now quotable as follows:

180° (Pyro) barrels, 39c; half barrels, 43c; 10-gallon cans, 58c; 5-gallon cans, 63c the gallon, inclusive.

188, two cents the gallon higher than 190°.

Alcohol, Wood-Declined; keen competition among distillers and an overproduction, with a meager consuming demand, have combined to weaken the market and warrant the lower prices now named, which follow:

95%, barrels. 51c; half barrels, 57c; 10-gallon cans, 77c; 5-gallon cans, 77c the gallon, inclusive.

97%, 5c the gallon higher than 95%.

Acid, Citric Advanced; the material shortage in the citrus crops of both Sicily and California is responsible for an increas

ing advance in the cost of the fruit, and is reflected in the advanced figures now named for citric acid, which show a total advance of 81⁄2c the pound; of this amount 32c represents the advances of the present month. As no relief is to be expected prior to making the next crop, and in view of the heavy demand, incident to the extended extreme heated period, a further enhancement of values is not unlooked for. Crystal in 112-Ib. kegs is now quoted at 52c to 54c to 60c the pound as wanted.

Balsam, Fir-Declined; spot stocks of Oregon have been sufficiently replenished by the arrival of round lots from the source of supply to warrant the reduction of 25c the gallon that has been announced by local holders, making the present price range $2.25 the gallon for 5 gallon cans to 30c to 35c the pound, as to quantity. The Canada variety continues in scant supply and is firmly maintained at a minimum of $1.87% to $2.00 the pound, as to quantity.

Tolu-Declined; a light demand, incident, however, to the season, and a consequent accumulation of stocks on spot, have induced holders to shade their prices. The revised quotation for one pound tins inclusive is $1.12% to $1.25 the pound.

Bark, Cundurango-Declined; spot stocks have been augmented by recent arrivals to such an extent that holders are shading former asking prices in the hope of stimulating the flagging demand. Select quality is now quoted at 26c to 30c; powdered. 35c the pound.

Tonga--Declined; prices for spot stocks have been shaded fractionally by holders in view of stimulating buying operations, as the movement of bark into consuming channels has been materially restricted during the past month. Prime bark is now quoted at 62c to 75c the pound, as to quantity.

Beans, Tonka Angostura-Declined; the arrival of several lots of new crop beans, available in the open market, as they were not consigned to the tobacco interests, have relieved the shortage and induced holders to name materially lower prices, not only for old, but also the new crop beans. It is now estimated the 1913 yield of beans in Venezuela will reach, if not exceed, 650,000 pounds, of which at least 500,000 has been engaged by the tobacco interests, who will no doubt make an effort to secure the entire crop, as they have been short of supplies during the past year, owing to the curtailment of the 1912 yield, due to a long-continued drought. Prime new crop beans are now quoted at $4.50 to $5.00 the pound, as to quantity and quality.

Vanilla, Tahiti--Advanced; the demand is active, owing to the more expensive buying operations of extract makers, who now combine this variety with more expensive beans in the manufacture of extracts. The Pacific Coast markets are almost bare of supplies, as American and Hamburg operators have absorbed all arrivals, which, however, are estimated to be at least fifteen per cent less than for last year. Although large shipments of new crop beans are nearly due to arrive from Papeete, the higher prices influenced by present conditions are firmly maintained. Prime soft new crop white label beans are now quoted at $2.75 to $3.00 the pound, as to quantity.

Berries, Juniper-The price range on spot and abroad is unchanged, although a strong undertone points to an early enhancement in values, owing to reports of an expected shortage in this year's crop, due to destructive storms in lower Italy. Select and superior qualities are now quoted at 8c to 12c; ground, 15c the pound.

Prickly Ash-Declined; the demand is very light, even at the lower price range induced by the more liberal offerings from the country. Select are now quoted at 32c to 40c; powdered, 45c the pound.

Sabal Declined; receipts from primary centers have so augmented spot stocks that the local market is easier, and holders naming lower prices. U. S. P. descriptions are now quoted at 472c to 55c; ground, 60c the pound.

Cantharides Advanced; the virtual exhaustion of supplies in the Russian primary market has caused a sharp uplift in prices in those centers, and is reflected on spot where supplies are light. The forecast is for still higher prices, with little prospect of an early recession, as new crop flies will not be available for some months. Select whole flies are now quoted at $1,42% to $1.50; powdered, $1.52% to $1.60 the pound, as to quantity.

Cloves-Declined; a heavy accumulation of stocks on spot, resulting from a too speedy attempt to mark up prices, is reflected in the lower prices now named on spot for the Zanzibar variety, which is now quoted at 27c to 30c for the whole; powdered, 29c to 32c the pound.

Ergot-Declined; throughout continental Europe all varieties are tending upward, with prices firmly maintained, particularly for the Spanish variety, reflecting the virtual depletion of primary stocks. On spot, although stocks are light, some holders are naming lower prices, influenced, no doubt, by the action of foreign operators in German and Russian varieties, to convert their holdings into cash and thereby avoid further payment of the high carrying and interest charges imposed by banking interests. The Spanish variety meeting U. S. P. requirements is now quoted at $1.95 to $2.10; powdered, $2.05 to $2.20 the pound.

Euphorbia Pilulifera-Declined; the replenishment of spot stocks with new arrivals, and a constantly diminishing demand, are reflected in the lower prices now obtaining. Now quotable at 44c to 50c the pound.

Flowers, Arnica- Advanced; local importers and other holders of spot stocks have advanced their prices in anticipation of a material shortage in this year's crop. Prime bright fiery flowers are now quoted at 25c to 28c; ground, 27c to 30c the pound.

Lavender.Declined; a falling off in the demand for the select varieties is responsible for a sufficient accumulation of stocks to warrant the lower prices holders now name. The regular grades are unchanged with a fairly active demand and prices unchanged. Select hand-picked Mediterranean flowers are quoted

at 31c to 35c; medium, 22c to 25c; regular, 18c to 22c the pound, as to quantity.

Saffron, American-Advanced; the low prices effective for some time have resulted from the sharp competition of three leading An importing houses, each striving for control of the market. apparent cessation of hostilities is reflected in a marking-up of prices, with further advances warranted and not unlooked for, unless this battle royal for market supremacy is resumed. Prime flowers are now quoted at 48c to 55c the pound, as to quantity and quality.

Glycerin -Declined; the noteworthy falling off in the demand for pharmaceutical and technical purposes is but incident to the season, for during the heated period the movement is light. The sharp competition between Eastern and Western refiners for prompt delivery business has resulted in factionally lower prices. For Fall delivery the price range is tending upward, according to delivery date, and firmly maintained. For prompt shipment, 50-lb. tins are now quoted at 22c the pound; 100-mb. lots c lower. For future delivery up to 2c the pound advance is asked. Gum, Asafetida-Declined; owing to the revision of many restrictions imposed by the customs officials on importations of this gum, spot stocks have been so materially augmented that the price range, particularly for the ordinary varieties, has been materially reduced. Stocks of tears and those of high test gum are light and prices correspondingly higher. High test (50% solubility) gum is quoted at 772c to 85c; ordinary gum, 52c to 60c; powdered (25% solubility), 674c to 75c the pound.

Chicle Advanced; stocks on spot are light, owing to the absorption of a greater part of the new arrivals by chewing gum manufacturers, and prices correspondingly higher as the difficulties attending the shipping of this gum from Yucatan and other producing regions in Mexico increase. Prime dry gum is now quoted at 922c to $1.00 the pound.

Tragacanth Advanced; the prices for all grades of Aleppo and Turkish have again been advanced sharply in the primary markets and locally, in recognition of the virtual depletion of stocks abroad, at the source of supply and on spot, with the forecast for a further enhancement of values before new crop supplies are available. Aleppo is now quotable as follows: White ribbon, $1.75; white ribbon and flake, $1.52% to $1.60; No. 2 white flake, $1.37% to $1.45; sorts, $1,221⁄2 to $1.30; select powder, $1.42% to $1.50; Turkish, select flake, $1.02% to $1.10; No. 1 flake, 92c to $1.00.

Herb, Lobelia-Declined; local importers and holders of this herb are now shading their prices, as new arrivals are augmenting their prices materially. Now quotable at 27c to 35c; powdered, 40c the pound.

Iron Scale Salts-Advanced; reflecting the higher prices now named for Citric Acid, owing to the short crop of citrous fruit in California and Sicily, prices for these salts of iron have advanced two cents the pound, and are now quotable as follows: Citrate, 67c; phosphate, 64c; pyrophosphate, 64c; iron and ammonium citrate, brown scale, 64c; green scale, 80c; iron and quinine citrate, $2.00 the pound.

Isinglass, American- Advanced; the higher prices now named result from a noteworthy scarcity of available supplies on spot. A select prime article is now quoted at $1.00 to $1.10 the pound. Kola Nuts--Declined; for the true West Indian description the price range at the opening was higher, but owing to the difficulties attending the marketing of their stocks at the higher figure, former prices are again effective, with select true West Indian nuts quoted at 27e to 30c the pound.

Leaves, Buchu-Declined; the demand for either variety is only nominal, and in consequence, prices easier for spot supplies and also to arrive. But little attention is now paid to the prospects for the imposition of a ten cent per pound import duty, although there is but little doubt that it will be assessed before the end of the year. Prime green short leaves are now quoted at $1.95 to $2.25; powdered, $2.35; the long variety at $1.90 to $2.20 the pound.

Hyoscyamus - Declined; for the purpose of stimulating the demand, the price of the German variety, which meets the requirements of the U. S. P., has been reduced fractionally, and is now quotable at 28c to 35c; assayed powdered, 40c the pound. Senna, Alexandria Advanced; the primary markets are about bare of supplies of all descriptions with prices higher, and as new crop leaves will not be available until this Fall, further advances are not unlooked for. On spot, the primary situation is reflected in the strengthening tendency for all descriptions, siftings included, as restrictions have been imposed that prohibit the entry of goods containing more than twelve per cent ash, and on this account large lots of siftings have been returned. Prime green whole leaves are now quoted at 521⁄2e to 60c; half to three-quarter leaf at 481⁄2e to 55c; siftings, for manufacturing purposes, in bales only, 1220 to 131⁄2e; powdered, 171⁄2e to 25c the pound.

Uva Ursi Advanced; the meager character of spot stocks and the difficulties attending their replenishment at this time are reflected in the higher levels to which this article has advanced. Select whole leaves are now quoted at 1120 to 15c; powdered, 20c the pound.

Menthol Declined; a material falling off in the demand on spot and in the Japanese primary markets, favorable reports on the 1913 crop and the prospects of a downward revision of the present duty have combined in establishing the lower prices now in effect. Although it is reported the plants in the Hokkaido district have been seriously damaged by storms, present estimates are for a yield of at least 1,000,000 pounds, and it may reach the earlier estimate of 1,200,000 pounds, the minimum amount is considerably in excess of the yield for last year. which was curtailed by a cyclone which devastated a portion of the island of production early in the Spring of 1912. The revision in the tariff is from an ad valorem rate of 25 per cent to a specific rate of 50 cents the pound. U. S. P. Crystal is now