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Nafral StorpsRefrictn Natl AND JOURNAL OF TRADE A WEEKLY PAPER FOR NAVAL STORES PRODUCERS, FACTORS, EXPORTERS AND NN DEALERS, MANUFACTURERS OF SOAPS, VARNISHES, PAPER, PRINTING INKS, ETC. 71 Vor. XXXIII, No. 10 - SAVANNAH, GA., SAaTurDAY, JUNE 9. 1923 Price $5.00 PER ANNUM Namuiiad?™ \ (| Ne2aF J. A. G. CARSON, President 7 H. L. KAYTON, Vice-President J. A. G. CARSON, Jr., Vice-President W. H. BARBER CO. C. H. CARSON, Vice-President at Jacksonville 3650 SOUTH HOMAN AVENUE CHICAGO, ILL. Nansiad?®™ \ NN Carson Rosin, Turpentine EP Naval Stores Company Pine Oil, Etc. Organized in 1879. Oldest House in the Business. nid? DIRECT SHIPMENT FROM SOUTH. BUY- ERS, IT WILL PAY YOU TO SECURE \' FACTORS OUR PRICES. PRODUCERS, PLACE 11 YOUR OFFERS WITH US. AND Ned WHOLESALE GROCERS PRINCIPAL OFFICE BRANCH OFFICE SAVANNAH, GEORGIA JACKSONVILLE, FLORIDA SALES DEPARTMENT National Bank Building Atlantic National Bank Building Gillican-Chipley | With an organization unsurpassed and ample means at our command, our facilities for handling your business are second to none Company, Inc. WE INVITE YOUR CORRESPONDENCE NEW ORLEANS LA. A Suggestion! | GILLICAN-CHIPLEY Produced, Distilled ang Distduted by’ Good Business Policy demands | COMPANY ne. NEW ORLEANS,LA US.A. that you buy your Rosin and Turpentine from Reliable Firms PRODUCERS, DEALERS AND EXPORTERS Coluinbia Naval Stores Co. OF Savannah, Georgia Rosin—Turpentine SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE D. M. FLYNN WALTER RAY : H. L. RICHMOND ‘A. L. BROGDEN H. G. POWELL Chmn. of Board President : Vice-President Vice-President Secy-Treas. - Flynn-Harris-Bullard Co. BA a en ~ JACKSONVILLE, FLA. -- SAVANNAH, GA. tate Stl A ~~ Naval Stores Factors—Wholesale Grocers at et 5 EA ; GROCERY BRANOHKS re JACKSONVILLE AND TAMPA, FLA. SAVANNAH AND BAINBRIDGE, QA. Io tmp ~~... A house whese eemtervative management and finanefal strength is unquestioned LF pend -and unguestienable in the naval steres industry pont We selieit the patrenage and the business of the preducer of naval steres (CTY Ii 5 HEY mf mi (PR ie fg = [oun PENINSULAR NAVAL STORES COMPANY Pre | 5: President Gf | STORES FACTORS Rs gm grotn NAVAL TA Shen WHOLESALE GROOERS tde c+ Sec’y & Treas. | AND DEALERS IN TURPENTINE OPERATORS SUPPLIES OF EVERY DESCRIPTION OO OO RECEIVING POINTS: 09 CAPITAL JACKSONVILLE, FLA. AND SAVANNAH, GA. ey : 1,000,000 00 CORRESPONDENCE SOLICITED TUS : Offiee: Atiantie Natienal Bank Building, JACKSONVILLE, FLA. Fa Qo Nh Ui O. T. McINTOS8H, President D. T. FURSE, Vice-President : —DIRBCTORS— HOWARD ASHBURN, Moultrie, Ga. N. EMANUEL, Brunswick, Ga. W. R. BOWEN, Fitsgerald, Ga. -D. T. FURSE, Savannah, Ga. J. J. DORMINY, Broxton, Ga. O. T. McINTOSH, Savannah, Ga. SOUTHERN STATES NAVAL STORES G0. SAVANNAH, GEORGIA FACTORS AND COMMISSION MERCHANTS DEALERS IN GENERAL SUPPLIES Receive Consignments at Savannah, &a., and at Jacksonville and Pensacola, Fla. ~ We make prompt sales and returns. Pay drafts of responsible parties against bill ladings. | ~ When shippers desire te hold Rosin or Turpentine, we will hold it for them and make reasonable advances on same. ACCOUNTS SOLICITED CORRESPOND WITH US SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE 3 Naval Stores Market Movement of Naval Stores for Seven Years RECEIPTS OF TURPENTINE APRIL I-JUNE 7 At this writing the chief prospective near development in regards to naval stores is the 1923 24 1922-23 1921-22 1920-21 1919-20 1918-19 1917-18 rather strong probability that .the receipts of turpentine and krosins will be cut down for the Savannah ___. 25,130 18,566 - 19,584 12,255 . 9,928 7,301 16,494 last half of June and the first part of July by Jacksonville ._ 25537 22,085 18,101 17,184 14,615 14.455 28.724 the persistent rains over the greater part of Pensacola... 8,252 © 7,373 =: 8,874 "6603 5770 8664 11.560 the turpentine belt. These heavy rains have flooded much of the low lands ‘and put large areas of turpentine farms more or less under 58,019 48,023 46,559 86,131 80,322 25,420 56.778 water. In some instanees the water. is so. deep D. or IL. 1923 I 10,896 [12,360 I 22,788 I 28,597 133,499 I 2,141 that the cups on virgin trees are iinder water, | and in other places where the cups are higher % Dec. or Inc. I 277 B51 61rT 9531 131.8 163.8 the water is still so deep as to make working impossible. At the same time the reports show RECEIPTS OF ROSINS APRIL 1-JUNE 7 that the rains have carried off much fresh gum, so that many anticipate that a complete dip- 1923-24 1922-23 1921-22 1920-21 1919-20 1918-19 1917-18 ~ ping has been lost, if not more,’ on some farms. While there is always a tendency to Savannah ____ 75,744 63,026 47,552 33,831 20,640 26,856 48,089 exaggerate the effects of storms, rains and Jacksonville __ 96,882 87,050 88,612 55552 45,271 42,088 72,255 fires, the reports are so general and of such Pensacola ____ 23.815 22,676. 17,214°% 22,920 16,926 12,960 31,986 a common nature that the inference is justified that the receipts for three or four weeks after the middle of June must show an appreciable 196,441 172,752 103,378 112,303 82,837 81,899 158,330 effect, even if the rains cease, and if they con- Dior 1. 1925 123,689 193,063 I84,138 I113,604 114,542 I 44,111 tinue the results would, of course, be magni- fied. Up to this time the crop has been run- % Dec. or Inc. 1: 138:1 9.0 1 749 1 187.21 1399 LT 28:9 ning about twenty-one per cent. above last sea- son. The effect of a sudden checking “of the = . TURPENTINE STOCKS CLOSE JUNE 7 - a increase would be purely temporary,-but might stiffén up the market for a time in view of the” Bs o> 1978 1922 1921 1920 1919 1918 1917 U. K. needs and the more or less belated de- Savannah ____ 4,251 1,303 _ 9,144 2,126 6,040 22,863 15,156 mand from Amefican “manufacturing con- sumers. 2 Jacksonville __ 9,350 4,156 22,971 3.475 11,944 53,792 33,582 Pensacola .... 1.624 -. 1.233, 93,572 1,778 23,190 36,001 26,591 Evidently there has been a good, persistent jobbing trade in this country in spirits turpen- 15,225 5,692 35,687 7,379 41,183 112,749 75,329 tine, which accounts for the fact that the in- crease in receipts -has: been so well taken care of, but the dealers insist that the large paint ROSIN STOCKS CLOSE JUNE 7 and varnish manufacturers are away off in the 1923 1922 1921 1920 1919 1918 1917 purchases of turpentine. Instances are cited in which the manufacturers of well known Savannah ____ 68,507 61,038 77,897 16,020 57,312 = 91,652 64,245 mixed paints having a nation wide sale have Jacksonville _ 107,277 143,339 178,138 38,976 122,263 152,731 144,443 been running on the lowest possible margin of supplies with the expectation of securing more Pensacola ____ 31,031 55904 55,944 27,155 52,158 47,786 80,363 favorable prices later. As their stocks of man- ufactured goods are disposed of the necessities “For May 80 206,815 260,281 811,979 82,151 231,733 292,169 289,051 of the .future are expected to force them in for heavier purchases of turps. The idea is said to be prevalent among such large con- sumers that the developments as the season lower than a parity with the existing price ete., in which it has for so long been so ex- moves on will be in favor of consumers, and for turpentine on this side and with a prospect, tensive an operator. The house is’ composed this encourages the attitude they have assumed at least, of a sudden temporary checking up of of Messrs. Walter Fairclough, Edwin Dodd, with regard to deferring buying, or buying in receipts, exporters are not inclined to risk any Arthur H. Jones, Martin P. Fairclough, Cecil the most limited way. London, too, is now material shading of prices for June shipment. K. Dodd, experts in their lines and in touch showing signs of a willingness to hold off from The volume of export business closed this week with world-wide conditions and markets in all any further heavy buying of American turpen- is said to have been of very modest propor- the commodities handled. Mr. Edwin Dodd, tine. Tts stock last Monday was given as 5,400 tions. In rosins, too, the demand has been head of the naval stores department, is the American, which with the stuff afloat, gives a moderate, the U. K. continuing its holding off dean of the naval stores trade of London. Dur- supply of about 13,000 barrels, or adequate, policy, despite the declines on this side which ing the war he gave notable trade service to aided by French supplies, for two or three might seem sufficient to tempt more nibbles. the government, a service in appireciation of months. Then the Baltimore Maru, to clear Buyers on the other side still make lower of- which, it will be recalled, the metropolitan from Jacksonville and Brunswick the latter fers on 'rosins and refuse to appreciate or trade presented him with a magnificent piece part of June, is scheduled to carry a fair acknowledge the comparative cheapness of of silver.
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