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Carson Naval Stores Company } AND JOURNAL OF TRADE EN NB A WEEKLY PAPER FOR NAVAL STORES PRODUCERS, FACTORS, EXPORTERS AND ‘DEALERS, MANUFACTURERS OF SOAPS, VARNISHES, PAPER, PRINTING INKS, ETC. ea Vor. XXXII, No. 13 SAVANNAH, GA., SATURDAY, JUNE 24, 1922 Price $5.00 PER ANNUM Le J INININININININ INN TN ININTINININININININT NINININININ IN IN IN IN IN IN IN IN IN ININ INAS IN mate < GN J. A. G. CARSON, President 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 Sr Carson CHICAGO, ILL. Rosin, Turpentine Naval Stores Company Pine Oil, Ete. Organized in 1879. Oldest House in the Business. DIRECT SHIPMENT FROM SOUTH. BUYERS, FACTORS IT WILL PAY YOU TO SECURE OUR PRICES. PRODUCERS,PLACE YOUR OFFERS WITH US. AND 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! eee Good Business Policy demands COMPANY ie. NEW ORLEANS, LA. US.A. (GED PURE GUM TURPENTIN} that you buy your Rosin and Turpentine from Reliable Firms PRODUCERS, DEALERS AND EXPORTERS So Columbia Naval Stores Co. Savannah, Georgia Rosin—Turpentine » : : 2 SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE ~~ JOHN E. HARRIS, President JOHN H. POWELL, Vice-President H. L. RICHMOND, Vice-President D. M. FLYNN, Vice-President ; L. M. POWELL, Secretary-Treasurer Flynn-Harris-Bullard Co. STS JACKSONVILLE, FLA. -:- SAVANNAH, GA. AS Naval Stores Factors—Wholesale Grocers GROCERY BRANCHES JACKSONVILLE AND TAMPA, FLA. SAVANNAH AND BAINBRIDGE, GA. A house whose conservative management and financial strength is unquestioned and unquestionable in the naval stores industry We solicit the patronage and the business of the producer of naval stores 5 weiss PENINSULAR NAVAL STORES COMPANY President FACTORS J. P.SPETH, NAVAL STORES GROCERS 1 HR WHOLESALE See'y & Treas. | AND DEALERS IN TURPENTINE OPERATORS SUPPLIES OF EVERY DESCRIPTION RECEIVING POINTS: CAPITAL JACKSONVILLE, FLA. AND SAVANNAH, GA. CORRESPONDENCE SOLICITED $1,000,000.00 Offices: | Atlantic National Bank Building, JACKSONVILLE, FLA. American National Bank Building, TAMPA, FLA. O. T. McINTOSH, President D. T. FURSE, Vice-President —DIRECTORS— HOWARD ASHBURN, Moultrie, Ga. N. EMANUEL, Brunswick, Ga. W. R. BOWEN, Fitzgerald, Ga. D. T. FURSE, Savannah, Ga. J. J. DORMINY, Broxton, Ga. O. T. McINTOSH, Savannah, Ga. SOUTHERN STATES NAVAL STORES GO. SAVANNAH, GEORGIA FACTORS AND COMMISSION MERGHANTS DEALERS IN GENERAL SUPPLIES Receive Consignments at Savannah, Ga., and at Jacksonville and Pensacola, Fla. We make prompt sales and returns. Pay drafts of responsible parties against bill ladings. When shippers desire to 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 8 | Naval Stores V arket Movement of Naval Stores for Six Years RECEIPTS OF TURPENTINE APRIL 1-JUNE 22 April Turpentine Movement for Pleven Years... ool 6 1922-23 1921-22 1920-21 1919-20 1918-19 1917-18 Canadian Turpentine Conditions......15 Savannah’ ~ 24,107 26,755 17,780 13,390 10,401 24,492 Organizing Forestry Association Jacksonville ____ DEAD DABIE ie TBAO0Lo IRTIE 10.508... 2610, Throughout Georgia... .................... 8 Pensacola... .. 9,431 11,729 10,228 7,584 0,475 16,567 Timber Raising As a Profitable Industry in Georgia, by Austin 61,750 63,082 53,012 39,699 35,399 79,668 Cary. di 10, 18, 19 Dec.orInc.,1922-23 Di1,832 TI 3,738 1 22,051 1 26,850 "'D 17,918 % Dec. or Inc ____ Dez. XT "16.5" 1 55.5 d 74.4 DD 22.5 Office of the Weekly Naval Stores Review RECEIPTS OF ROSINS APRIL 1-JUNE 22 June 24, 1922 1922-23 1921-22 1920-21 1919-20 1918-19 1917-18 Today (Saturday), one bid of $1.33 for 200 barrels. Posted steady at Savannah 80,847 64,972 50,957 28,543 37,696 68,213 $1.33. Carried over 170 barrels. Jacksonville. 109,055 53,840 77,468 07,617 59,146 99,617 Wensacola _._ _'¢ 28,499 22,875 32,542 21,668 17,404 43,842 Rosins, one bid. Sales 1,110 barrels at declines 10c on WW., K, I, 15¢c on H, E, 20c on G, F; advance 5c on B. 218.401 141,687 160,967 107,828 114,246" 211,872. Posted steady. Dec.orlne., 1922-23 I *76,714 157,434 I 110,578 TI 104,155 I 6,729 % Dee. orifne. I 54.1 vl" 85.7 J 102.51 91.1 1. 03.2 Yesterday Jacksonville spirits tur- TURPENTINE STOCKS CLOSE JUNE 22 pentine strong, $1.37%, sales 852 bar- rels. Rosins steady at partial decline 1922-23 1921-22 1920-21 1919-20 1918-19 1917-18 5 cents all grades. Sales, 1,022 bar- Savannah ________ 2,993 8,087 4,542 6,525 24,023 11,169 rels. Jacksonville ______ 4,083 19,982 7,836 8,011 56,491" 37,021 Pensacola ________ 447 10,835 2,405 17,258 33,6564 29,013 - The turpentine market has seen some declines about as great as the 7,523 38,904 14,783 31,794 114,168 77,203 advances of this week but there is no record of its ever having seen as great ROSIN STOCKS CLOSE JUNE 22 an advance in prices as came this week. Friday of last week the Sa- 1922-23 1921-22 1920-21 1919-20 1918-19 1917-18 vannah market was posted at $1.00 Savannah ________ 70,147 78,284 19,905 54,694 84,315 103,456 whereas yesterday it was cleaned at Jacksonville ._____ 155,014 180,071 47,967 119,471 162,119 149,662 $1.40% a gallon, a jump of 40% Pensacola ....__.__ 57,299 56,786 32,550 48,748 43,139 82,550 cents, or $20.12% a barrel. During *1 d an Id 282 460 315,121 100,422 222,913 289,573 335,668 the rising market of three years ago the price went up 18 cents in one week, but that seems to have been the closest approach to the mounting sky- So far as the spot situation and July FOREIGN SHIPMENTS. ward of quotations that came this are concerned the London market is week. So quick were the successive not apt to see any material declines. From New Orleans advances, and so unexpected that the Only 9,000 barrels in stock there with trade is still gasping for its breath the deliveries for the last week re- June 3—S. S. Victorious, Yokoha- and trying to calm its nerves suffi- ported at 2,750 barrels, with nothing ma, 110 barrels spirits turpentine; ciently to grasp the situation. on the ocean bound for London, noth- Kobe, 400 barrels spirits turpentine. ing to be moved from this side in time All realize the cause, London neces- June 7—S. S. Mozella, Hull and to reach there before the last of July London, 100 barrels rosin. sities and domestic needs piling up a or early August and the amount of tidal wave of demand that over- shipments then problematical and un- June 8—S. S. American Press, Glas- whelms comparatively small volume questionably limited, London faces a gow, 200 barrels rosin. : of offerings. Even if London had not famine situation before it can replen- June 13—S. 8. Tresithney, Sydney, been forced to buy by its diminishing ish its supplies. The French crop is 3,260 cases spirits turpentine, 325 bar- stocks the home demands would prob- reported 10 to 15 per cent. short of ably have taken all of the current last year and Germany and Switzer- rels rosin; Melbourne, 450 cases and offerinzs, for June has been an ex- land have been taking pretty freely 90 drums spirits turpentine, 365 bar- ceptionally zood month in the matter of the early offerings. It looks very rels rosin; Adelaide, 950 cases and 10 of American requirements to be filled, much as though the U. K. demand drums spirits turpentine, 130 barrels tank cars waiting in the yards at Sa- would be insistent again in July and rosin; Port Piree, 200 cases spirits vannah while the dealers hustled to August, which months generally tend turpentine. get turpentine to fill them with to to become rather more sluggish so June 16—S. S. Tripp, Rotterdam, meet rush orders from paint and var- far as the American demand goes, and 200 barrels rosin. nish manufacturers. When London realizing this the dealers do not be- June 16—S. S. Lafcomo, Beunos finally opened its eyes to the situation lieve that anything below dollar tur- Aires, 200 cases spirits turpentine. | on this side and decided that it must pentine will be seen again this season, June 19—S. S. Sac City, Rio Ja- order, the effect was instantaneous. even if that price should be reached. neiro, 440 barrels rosin, 3 cases spirits On that market the spot prices jumped Of course, the tremendous uplift to from 80s. per hundred weight last turpentine; Santos, 40 cases turpen- | the price of turpentine is transient. tine; Rio Grande do Sul, 570 barrels Friday to 117s. yesterday. As illus- but it reflects permanent conditions— rosin, 100 cases spirits turpentine. trating what occurred, it is only and that is the thing that consumers necessary to point out that on Thurs- June 19—S.
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