New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-05-12
CHLORATE OF POTASH RISING.
british SHIPS REFUSE TO CARRY 1T FOR FEAR
IT MAY BE REGARDED AZ con-
TRABAND OF WAR

Tho Tribune a few days ago published articles
about the increase In the prices of two commcli-
ties affected by the 20 a greater or less ex-
tent Quinine as stated in tho article had risen
from 10 cents 10 d cents ounce. whe the I'm
porters Of birthstone unable 10 obtain any
further supplies. account % Il having been de-
clared contrahand OF war by Spain. To quinns
and birthstone must now ne added chorate Of pot
ash which a short time advanced 70 more than
double its former price
As soon as war declared n number ~ buying
orders were received. and several hundred kegs OF
chlo~ate OF potash taken hy single Arm a.
from 81. TO Sie cents. The significance Of the de-
,nand was not understood by all the sellers in this
city a, once hut II learned that tho
British steamship lines had refused 10 carry chic
rate of potash fearing that II would be regarded as
contrahand Of war. When this became generally
known there was a tremendous demand. and the
prioe vert up IN rush Almost every day since
,han tho nrjce has continued 10 advance. While
little chlorate o: potash Is now used IN tho manu-
facture OF eunpowder II can ho so used. and prob
ablv would be II any difficulty In obtaining the
ordinary materials were encountered
"rho OF. Paint and Drug Reporter publishes
an Interesting article on the rise IN tho price OF
cuinine Tho article IS In part as follows:
As Wa stated IN last issue. there was nothing
I'm the bark situation to warrant any material nd-
vance IN qnlnino. tn" movement was nrohHh'
about by spcouators. VINO TOOK anvamlaEe oa ~" ~,
political outlook IT appeared three weeks ago 10
ha heavily
came into the market. thinking T. would get away
from them and tried 10 buy IN excess OF lnrr
,'rohabi. requirements Generally speaking. they
,,ere not successful A. the Same II ne. wan corr
parativciv llghf stocks on hand. nearly al! OF me
,,.arreacfurcrs and th'r agents 5000 iounh mem.
solves with little or nothing 10 orcr. car'lu,,
.raIvse of the movement shows lhat. outside OF
,hte rffv the demand was mostly from scoilOn9 OF
,ho country where very little Quinine IS used. thus
,ro,rg ifs speculative character. The week closes
Yin second hand holders not 80 firm as they nave
been 800
c,,lohur and its raw material. birthstone, are sun
calling AT prices much In excess or the ordinar!
1,n,s is due 10 the continued uncertainty as TO
rbo,her Il will be regarded by the Spanish Gov
,,,ocr, NJ confrahand OF II was 50 declared
., tho boginnlng OF the war. but there have been
. rurober OF reports since then to the effect that
CT, has removed It's embargo on sulphur All
LIVINGSTONE imported into this country comes
t IN, Siriy and there have been rumors that at
- reoucsf OF the Italian Government. spain nus
asr,serto ed TO remove this commodity from ner Hst
~ contraband articles. When. however, me larsest,
a., ~ importers in this country sent repeated
III 70 their agents Il: Palermo. Sicily. Tor
49, f,,,r@siion on this subject. they were tod N
n',i ', thaf no birthstone could at present be con
i'p.f1 r.re Great Britain. under whose nag most
Nc ehlnmrnis reach this country, has forbidden
" 'r.rccs Of contraband goods addressed 10 ports
Co. mis- country. and hr1iish ship-o"ners ana chp
tt ,.,nirtv 10 avoid carrying goods declared con-
no nresent time there are NUMBER OF snlI
~ - birthstone lying In Palermo Harhor, Which
Io'1u2 10 God an account OF the uncertainty. Never
ar" u'I"y orcaf many contracts for delivery nave
th''1o 40 In this city. and II ms 10 ne the gen
been nt.ion hat some means viii be round. proDd-
by nrices have greatly increased during tho
or coursr;, ~ and those who have contracted 10
last odteiveries even at the present prices arc
rrinning big risks