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} AND JOURNAL OF TRADE

EN

NB A WEEKLY FOR PRODUCERS, FACTORS, EXPORTERS AND ‘DEALERS, MANUFACTURERS OF , , PAPER, PRINTING INKS, ETC.

ea Vor. XXXII, No. 13 SAVANNAH, GA., SATURDAY, JUNE 24, 1922 Price $5.00 PER ANNUM

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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. ,

Naval Stores Company , 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!

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Good Business Policy demands COMPANY ie. NEW ORLEANS, LA. US.A. that you buy your Rosin and (GED PURE GUM TURPENTIN} 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 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 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 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. S. Coquelmeda, New- should bear in mind—conditions that castle, 200 barrels rosin. day morning spots were 106s. and that will dominate the market all the year From Jacksonville afternoon 115s. That day July-De- and - which may produce some more

cember was quoted at 97s. and at yes- June 19—S. S. West Harshaw, terday’s close those months were 103s. Continued on page 30 Liverpool, 100 barrels rosin.

SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE

Pensacola, Florida, Naval Stores Market

SPIRITS TURPENTINE

June 15 June 16 | June 17

sess eses sesses sessessss sesso

ROSINS

June 16 June 17

a discontinued on

LT 130 325 1076. J. on

116 418 Receipts 1921 360

THE DOWNING COMPANY BRUNSWICK, GEORGIA “THE OLD RELIABLE” NAVAL STORES FACTOR Wholesale Grocers and Dealers in Dry Goods Manufacturers ‘DOWNING?’ Spirit Barrels

QUITMAN COOPERAGE CO. The Independent Naval Stores Company QUITMAN, GA. JACKSONVILLE, FLORIDA

MANUFACTURERS OF Solicits Consignments of Nava! Stores from the Independent HIGH-GRADE Operators. 8pirit, Syrup and Dip Barrels Our commission charges are 1 1-4 per cent, just half charged by other houses.

We send check with account sales. Dip Barrels With and Without Give us a trial and be convinced of the saving and service. Rims, Fruit and Potate Barrels C. R. SHOUSE, Manager.

SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE

Uniformity is Economy

HE care exercised in making Hercules Rosin; the strict physical and chemical control of every process; and quantity pro- duction, assure you rosin which is dependable in every way. Hercules Wood Rosin is free from foreign matter and, except for the very white , it gives results in sizing equal te or better than gum rosin.

Write us for further information.

HERCULES POWDER CO. WILMINGTON, DELAWARE

SALES OFFICES:

New York, N. Y. Chicago, Ill ‘San Francisco, Cal. Chattanooga, Tenn. St. Louis, Mo. Louisville, Ky. Buffalo, N. Y. Duluth, Minn.

6 SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE

TURPENTINE MOVEMENT ne 6746 | TO AUSTRALIA-NEW ZEALAND FOREIGN, STARTED WELL gl ean poet os zat 8 FOR THIS SEASON yee joRign oT oh ANN 6,703 : T2000 ls 806 April Came to the Front With Very TO UNITED KINGDOM in reese i Satisfactory i Shipments i 1022.99 LE Bei en a Ds 5,'8> il A rly Ls :

Only One April in Nine Years Ex-| 1920-21 5,74 ag ei oy E coeded the Volume of Bsporty of 191980 on 1000 [ASTER ommipe. 860 Fes AR em 1008404 nd. SL 974 Almost Evenly Divided Between 107s CE TEE TTT "5.572 1912-13 edd Tg 998 Europe and Countries Outside 1915:06 °F 5,551 | of Europe 10145... 1,229 TO CANADA |

: ; 013-04. neil 2,883 1922-28 el 1,836 | As with rosing, the movement off. yoyo ~~ = oo. 0202 a 1.869 | spirits turpentine out of the United TO GERMANY . SR le Se a | States in the initial month of this) 149995 SC apt] ey eee on ! season was very satisfactory, aggre-| 1921-22 1,490 wy L192 | gating 15,130 barrels of 50 gallons, Da SS eee 25 isi = aes 1,751 against 4,357 the previows April, The| IOI930 oocnne inane Dy er wi movement was divided almost equally|- 197, ,5 “777 C 2,809 eds. es between European countries and coun-| 97374 TTT 3,113 Ia ee A tries outside of Europe. : South Amer- 1013.18 5. 689 VENCERTR reisrresn ian aay ’ ican and Australian shipments were : TO CUBA particularly heavy for the month. TO BELGIUM 1999.93 5 The conditions in those consuming|' 1922-28 ..... coro = Sinaia ang oo lands give rise to the belief that there! 1923.22 = = ___ =-- toa. oe i will be heavier shipments of turpen- 2020-20 hina. nk. 200 Weer. 123 tine there this year than last, as also 1919-20 510 ly 1s promises to be the case with regard ;:1915-16 ...... uii din” Sinaia TEN ssi io rosins.. The following statement 1014.15 ...... ocovciiiine © mnis : yy =seg gives the April movement in detail.| 1913-14 ...... 102 mn % All of the consuming countries are| 1912-13 ...... ooe.. 2,845 a en o deficient in supplies and a persistent TO ITALY es 7 export movement is looked for through 5 rs ny Lo the season unless prices on this side 1922-29. = ase M0 Le dONRAE Ln 1921-22 =... get so high as to check consumption, which is not regarded as likely for the 1920-21 ooo... = oD next few months, at least. om ==2- Foire suuapsponsaiieg 3

Season. TO ALL COUNTRIES g, S. 10 NETHERLANDS LE ER EE he 1,030 IOX28 a 15 130 toma TE — pus. i | RR 58

IB SIT ae | IBS 1017-18 ... 280 Lo 5,455 fo Dama ee ioua.i Rd wan | MENT the NAVAL STORES | we 3 Lam LO aia meme 2,989 Theis History, : Ploduetign, | 1913-14. Lill 17.608 ly amen oo Distribution and Consump- | SAGER 12 < TAO TO eceenceecencnnn SOUTH AMERICA manana, ) fou : “230 pages ses es of Tos | TO ALL EUR : 1922.03 ~~ ow >. 060 Ons : 1922-28 tom he 7,624 1901 22% lia 307 special articles, complete 921-20 rah. eid 1,697 1900:218 "=" 2,460 tables of crops, exports, 1920-21 oo 7,478 YOA8-20 0 na, 1,234 prices, etc., over a long term 1019-20 L...cotmtshnreaenonees 14,335 1918-19 428 of years. World wide in 1918-19 A es 501 1917-18 fmmemmemmmmameeeeemenneean 1,858 3 c Sent to any address PFI hm Rd is 1916-17 Sa ih sian 1,746 scope. y ¢ 1916-17 Ua Lo Gi ii. 5,672 1915-16 5 2 ohh 2,652 5 on receipt i of $3. 25. With 1915-16 ...... coootien ih 6,881 1014-15 adn 2,107 one year’s subscription to ousted 1914-15 foes, LE wen 6,976 am TIDAL. Le ie is 5/941 2,130 The Review, $5.25 : 30 LS a le, 8,389 TO JAPAN

ALL COUNTRIES OUTSIDE OF 192383 = ane ae 90 EUROPE. 1921.22. 200 1999-29 hl 7,506 1920-21 fa und BE 80 I eR i 2,660 1910-2004 sinc drt. 5aaT ie BO ere 4,930 1918:19...... cccriiits. 40 X H019-20 oe ins 3,418 IOLT-A8 80 . JORS-19 3,729 6-17 oa to 107 BT-18 vi din ii 5,455 1015-10: ui

I a 5,003 191 4:05 oon 100

pe SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE 7 THE SOUTHERN COTTON OIL CO SAVANNAH, GEORGIA on el 3 MANUFACTURERS OF ALL KINDS OF..... "TIGHT COOPERAGE STANDARD SIX HOOP TURPENTINE BARRELS A SPECIALTY IN ORDERING BARRELS THROUGH YOUR FACTORS SPECIFY SCOCO BARRELS

nv H.'T. WEST COMPANY I.E. DRISCOLY, 132 LIBRARY ST., CHELSEA, 50 Vice-President J. W. MULCAHY, BOSTON, MASS. Secretary —

a Ly Dealers in Naval Stores, Products, Vege- table , , and Allied Products. NEW ENGLAND AGENTS FOR GILLICAN-CHIPLEY CO. Bonded Warehouses, Trucks and Tanks for the ARDHER-DANIELS Storage and Sale of Consignments of Rosin LINSEED CO. and Turpentine.

ROSIN OILS

Savannah, Ga. ROSIN OILS—PINE GREASE OILS BURGUNDY PITCH 1 NewYork,N.Y. ROSIN COMPOUNDS—VENICE TURPENTINE

/

J. H PACE, | | | President J. G. LEWIS, a | BALDWIN-LEWIS-PACE COMPANY

A yma | JACKSONVILLE, FLA.

H. M WILSON, Vice-President | A. LEE POWELL, NAVAL STORES FACTORS Sec’y and Treas. DIRECTORS : | and WHOLESALE GROCERS A. LEE POWELL JH. TATUM | W. P. BALDWIN | TURPENTINE SUPPLIES

J H. PACE F. C. POWELL i: J. G. LEWIS |! The Puce of those having Desirable Accounts Solicited H. a aa L El Ew BUDINGTON CONSIGNMENTS RECEIVED JACKSONVILLE, FLA., SAVANNAH, GA, .

( 8 SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE

WANT ADS ALWAYS BRING RESULTS

Advertising Rates ORGANIZING FORESTRY by the executive committee. Members ASSOCIATION THROUGH- shall be classed as general, active, {CASH MUST ACCOMPANY ORDER.) OUT THE STATE club, contributing, life and honorary POSITIONS WANTED OR HELP WANTED. members of all classes. Excepting Une Insertion 6c the general membership all others Four Insertions $1.25 The Georgia Forestry Association TURPT. FARMS WANTED OR FOR SALE. shall have the same rizhts and privi- One: Insertion ...... 0. ne $1.25 has completed its organization by the leges in the affairs of the association. Folir: Insertions... i eine, $3.00 selection of Mr. W. P. Lemmon as CUPS, STILLS, ETC., WANTED OR FOR secretary and Mr. C. B. Harman as (2) Membership dues shall be pay- SALE. S10 treasurer. Together with the officers able annually on May 1st as follows: Une Insertion : : General, $1.00; active, $5.00; club and + omr Insertions 82.2% elected at the Macon conference the association has a corps of officials de- contributing, $10.00 or over; life, TURPENTINE LOCATIONS voted to the work assigned to them $250.00. Honorary members will be WANTED AND FOR SALE. and there is an assurance of earnest, elected by the executive committee and shall be selected from persons effective work in organization, the arousing of public interest, and the who have attained distinction, or ren- IF YOU HAVE a good turpentine dered notable service in forestry or place in Florida for sale send me awakening of the Legislature to the point of providing suitable laws to related fields. No fees or dues shall schedule. It must have good future be paid by honorary members. and the price must be right. H. H. meet the existing situation. Head- Petteway, Wauchula Fla. 7-8 quarters will be in the Chamber of (3) All members have the same Commerce building, Atlanta, Ga. voting power, with the exception of "FOR SALE—A nine crop turpentine Secretary Lemmon visited Savan- general members who shall not be en- place at a bargain for quick sale. nah this week and while here took titled to vote. If you mean business, don’t write, steps to perfect the organization of a Article 1V.—Officers. There shali but come and see the place. Ad- First District branch of the Forestry | be a president, three vice-presidents, dress P. O. Box 271, Monroville, Association, with Mr. H. L. Kayton, a secretary and treasurer. The sec- Ala. 7-8 vice-president of the Carson Naval retaryship and treasurership may be

Stores ,Co., as chairman. This is a held by one person if desirable. There POSITIONS WANTED fortunate selection as Mr. Kayton is shall also be an executive committee deeply interested in the subject of re- consisting of seven members with the WANTED—BYy first-class white man, forestation and stands well with the | president and secretary as ex-officio job stilling; well experienced; good industry. An executive committee will | members. There shall also be an ad- reference; work guaranteed. Write be appointed for the district. This visory board consisting of twenty-two or wire G., care Review. 7-8 process will be carried out in each members. All officers except the sec- POSITION WANTED as manager congressional district. retary and treasurer, members of the of turpentine place by married man A circular letter has been issued, executive committee and members of 44 years of age. Thoroughly under- giving the following detailed informa- the advisory board, shall be elected stands the turpentine business and the tion of the association. It it hoped by the members of the association by handling of labor. Willing to work for that all naval Stores and lumbermen a majority vote, at the annual meet- salary or on commission basis or both. will become active members and throw ing, and shlal hold office for one year, South Florida preferred, though other the weight of their influence to re- or until their successors are elected. places in Florida or Alabama not ob- forestation measures, that is, meas- The secretary and the treasurer shall jectionable. Capable of handling any ures for the protection of the young be elected or employed, by the execu- size place. Prefer large place. Ad- growing trees and the encouragement tive committee for such periods, terms dress P. O. box 481, Pensacola, Fla. of those who may be inclined to ex- and conditions as they may consider 6-17 pend their time and money in re- necessary or advisable. newing the forests on cut over lands. Article V.—Meetings. The annual BARREL STAVES FOR SALE Georgia Forestry Association meetings of the association shall be Article I.—Name. The name of the first Tuesday in June of each year.

MAIL YOUR ORDERS for High this organization shall be the Georgia The executive committee shall meet Grade Cylinder Sawed Staves to Forestry Association, with headquar- once each month or oftener, subject C. W. Carter, Adel, Ga., “The ters in Atlanta. to the call of the president. The ad- Prompt Shipper.” : 2-24-4m Article IlI.—Purposes. The pur- visory board shall meet at the call

poses of this association shall be ba- of the president cof the executive com- WERNICKE SECTIONAL s.cally and specifically as follows: mittee. (1) To formulate an adequate for- Article VI.—Quorums. Of the mem- RETORT. est policy for the state of Georgia, bership a quorum shall consist of Persons who are interested in wood and to procure the same by legislative fifteen voting members; of the execu- distillation and land clearing opezrations enactment. tive committee a majority shall con- are invited to witness demonstration. (2) To encourage and promote the stitute a quorum and of the advisory at Gull Point, Fla., of a portable retor: practice of forestry in Georgia by the board five members shall constitute which is designed to meet their require state and by timber owners and land a quorum. 3 ments in a satisfactory manner. The owners, individually and co-opera- Article VIIL.—Committees. Imme- Wernicke retort is economical and ser tively. diately after the beginning of his viceable. It makes more and better oil, (3) To stimulate public interest in term of office the president shall ap- at lower cost, than others. forestry and to educate the people to point, to serve for one year, com- Intended visitors will confer a favor its importance to them and to their mittees on policy and legislation, fi- by giving advance notice of arrival in industries. nance, membership and publicity. order that proper attention may be ac- (4) To co-operate in its activities Fach committee shall consist of five corded them while here. with similar associations. members, at least three of whom PENSACOLA & TURPENTINE Article III.—Membership and Dues. ought to be members of the advisory COMPANY, (1) The Georgia Forestry Associa- board or executive committee, and by GULL POINT, ESCAMBIA CO., tion shall consist of persons, firms, resolution of the executive committee 10-1-tf FLORIDA. corporations and organizations elected any cominittee may be enlarged to

SAVANNAH WEEK!.Y NAVAL STORES REVIEW AND JOURNAL OF TRADE

ESTABLISHED 1901 JOHN R. WALSH SAVANNAH, GEORGIA NAVAL STORES

WE SOLICIT ORDERS FOR SPIRITS SUBSCRIBE TO OUR DAILY LETTERS TURPENTINE AND ROSIN. BUYING AND OFFICIAL REPORTS ON THE NA- VAL STORES MARKET. EVERY PRO- AND SELLING FOR OTHERS ON COM- DUCER, DEALER AND CONSUMER MISSION OR BROKERAGE BASIS. WE SHOULD RECEIVE THESE LETTERS MAKE FIRM OFFERS WHEN POSSIBLE. AND REPORTS.

General ; Naval Stores Company NEWPORT

90 West Street NEW YORK McCormick Bldg. P INE OIL CHICAGO Union Central Bldg. - = As Heretofore Consistantly the Standard CINCINNATI

ten. jis “iit : (2) The president of the associa- tion: shall be chairman of the executive London Spirits Turpentine Market such other committee, and appoint FURNISHED BY 3 committees as it may direct. In his absence a chairman pro tem, elected LOWDEN CONNELL & CO., Winchester House, Old Broad St., Loudon, Eng. by the executive committee, shall London, England, May 27, 1921. perform his functions.

Article VIII.—Sections. (1) Any To ~ | Pre-War group of ten or more members may, | lem | 1921 ) | 1920 | | p13"

on application to the executive com- mittee, be authorized to form a local American..... | 6,841 9,594 | 15,508 23,305 section of the association. Any such Stock in London, barrels Frenchi...... | 187 | 1,288 | ‘976. | 2.992 section may elect such officers and Spain... x | boar 62 provide for such dues as it desires and may elect one representative to Total barrels | 7.028 | 10.882 | 17657 | 25,659 | | | the advisory board .of the association. Pricein London. v...... i.o0. 8 0 ni | 72s .d | 87s.d 185s .d | 28s 9d (2) Local sections may hold such | | | Delivered in London, week of May 27 | 1,955. F Law yur | pan meetings as they desire and may un- dertake such lines of local activity as Delivered in london, Jan. | to May 27 | 34.280 | 49,566 | 31,911 | 88,010

shall be in accord with the purpose of the association. Sections shall re-

port annually to the executive com- mittee as to their organization, mem- Loranger Pine Products Co., Inc. bership and activities. “Naval Stores: Their History, Production, “+ Article IX.—Amendments. Amend- MANUFACTURERS OF Distribution and Consumption.” 280 pages ments to these articles of association size of The Review, 150 illustrations, 75 special may be made at any meeting of the articles, complete tables of crops, exports, association, at which two-thirds of RETORT | prices, ete., over long term of years. World those present vote in favor of the | wide in scope. Sent to any address on receipt amendment, provided: every such of $3.25. With one year’s subscription to The amendment shall have been presented Retorts at Address: | Review, $5.25. in writing at ‘a meeting of the execu- LORANGER, L\. HAMMOND, LA

tive committee, held at least two

weeks previously, and the subject of i the proposed amendment be clearly stated in the notice of the meeting.

10 SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE

TIMBER RAISING AS : cold, with- a short growing season; tion to and wood, a very great also much of it is very rough anc advantage indeed in respect to value AN INDUSTRY FOR NAVAL rocky. Some areas of high producing production. STORES AND LUMBER power we do indeed have, but the I have now outlined somewhat more main resources, those great forest fully the reasons for the tremendous Timber Producing Power of South areas stretching across Northern New England, whose timber furnishes raw attraction which the region excites on Georgia Land Is Very Great. material to our great and enormously a professional forester. My own be- valuable paper industry, are very slow lief, in fact, is (and that has 30 years No Region in World Offers Forestry growing. A stand of spruce on th experience behind it during which I Greater Natural Opportunities. shore of Moosehead Lake in Maine have worked in every timber regicn of comes to mind, around 60 feet in total the U. S. and seen the forests of sev- ral European countries), that no re- Austin Cary’s Interesting Paper at the height at over a hundred years of age, and of diameters not yet large enough gion in the world probably has greater Recent Forestry Conference. natural facilities for producing timber to make good saw timber, the produc- tion -per acre but a small fraction of values than the district centering on Slash Pine the Tree That Demands a. cord yearly. It is growth at such the Okefincks swamp, stretching west Consideration for Quickness of a rate that one of the greatest of ou: from near Savannah, some miles north of Waycross to Valdosta, the border Growth and Value of Products. industries depends on, being in truth very thankful for it. From planted passing thence south to Liveoak, and and tended forest in that region, it has taking in a large area of irregular Five Million Acres That Would Yield been figured that 20 cords per acre shape in the State of Ilovida. lLong- Rich Harvest to the Timber - may be reasonably expected at 40 leaf, and particularly slash pine char- Grower. years of age. Now, we could turn acterize this region, the latter in my opinion a species which will be recog- those figures around, if figuring on nized in future, for the combination o At the recent forestry conference the wood-producing power of land in South Georgia. : utility in its products, for its readines: at Macon, Mr. Austin Cary, of the U. Producing power of the soil—that of reproduction and rapidity of growth S. Forest Service, delivered an inter- idea, so familiar in connection with as one of the most valuable trees on esting address on forestry conditions food products, has not been grasped the earth’s surface. The gross area in Georgia, from which the following by all in relation to timber, yet we of this region is something like 5,000,- 000 acres in the state of Georgia. extracts are taken. Mr Cary has de- have to come to it. Granting the ne cessity of a supply of timber products What do professional foresters voted much time and thought to the locally, and for the country at large mean when they develop facts like forest problems of this state, in con- granted also early depletion of orig this, and try to drive home their im- nection with the naval stores indus- inal stocks of timber, and the fact plications? They do not, in the first place, mean that other lines of produc- try, and is working along practical that nature unaided or impeded, as she has been, does not promise to meet tion and industry should be stopned lines that are of value to the industry. and the whole territory be given over the necessity fully. we turn for re- liance, as we must, to new growth of to timber; in particular, they do not Take the territory west of the Mis- timber, and to a measure of care ap- mean that agricultural development sissippi river in the first place. In plied thereto. That idea carries obli- should be checked or interfered with, its natural state the heaviest stands gation with it to every right-minded as far as it is on a sound basis and | the most profitable use of land. They of pine timber in the South were lo- community; but to some opportunity is involved as well, rewards to those | do not mean that existing industries cated there. But for reasons arising who in: this case, as in others, engage ' based on timber, should shut down till from the economics of lumbering, this in the supply of an essential commod- they can be entirely readjusted on a ity. This last, is a point which, be- new basis. Immediate financial re- timber was not operated as early as | turns are not necessarily promised, that of Georgia. Great tracts were cause of its stimulating power and its value to them, I am anxious should | either, for timber growing is not rapid in fact, entered’ on only within com- not be missed by the people of South | business, and the development of great paratively few years, after logging Georgia. g | industries using {forest products 1S machinery had been devised, and on For, with timber growing recog-| based on a variety of economic con- levels of price for lumber that made nized as an economic matter, the ques- | siderations that are slow to change. tion at once arises where timber can|On the other hand, they do mean that any thorough utilization profitable. be most advantageously grown, what | forest resources and the timber grow- As a consequence these tracts in some sections are so endowed as to produce | ing power of land are things to be cases have been cut very cleanly; only it at most profit, and right there is| prized and carefully considered. They to a very small extent has second where South Georgia comes in. with | know that land will produce more use- very exceptional advantages. Wood | ful material in relation to labor re- growth followed; great areas of land for paper making, as has just been in- | quired when in forest than any other therefore, are now unproductive and dicated, an be grown in a fraction of ¢rop, also that the highest developed desolate. As most here probably the time required in regions from | and most populous regions find it to know, broadly speaking, it is very which the industry now draws its | their advantage to maintain forest on different in South Georgia. main supplies, and the same thing a share of their land. They know that would hold of wood that might be re-| whole regions in countries somewhat A second parallel may be made with quired for somewhat similar indus-| older than our own, have timber rais- my native country, New England. tries. For the production of saw tim-| ing and exploitation as their main There population relative to area is ber, not indeed of the old heart varie- | economic support, and find it thor- so large, and native stocks of timber ty to which the South is accustomed | oughly satisfactory in that relation. by long continued heavy drafts upon (we shall never see that in large quan- | In particular, and in application to the them, have been so largely depleted, tities again), but thoroughly service- region under review, they believe that that years ago we turned to second able for most purposes, 25 to 60 years|a large share of its soil, prom'ses to growth, and finding it serviceable for may be set as the time required, and | yield more to its people if kept pro- most purposes, have come to prize it; yields looked for greater than those ductive in this form rather than any also we have studied it rather closely. had from the native timber. Then | other, that statistical facts indicate The point I wish to make is the con- the forests of the region possess this |that in the course of no long period, trast in rate of growth of timber. peculiarity,—that the most common demand will be in evidence for all the Our country compared with this is timber trees yield naval stores in addi | Continued on page 1%

SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE 11

1

Wo BAKER CO.

=

I

0)

—— Turpentine Stills and Fixtures

sitmtyl

Jade ‘“ OUR PRICES WILL INTEREST YOU” Deliveries made anywhere in the turpentine belt or “The Still Dependable” Foreign Countries REPAIR WORK PROMPTLY ATTENDED TO

GUTTER STRIPS AND ALL KINDS OF APRONS We manufacture the old reliable cone shaped tur- pentine cup, and can make prompt shipments in large or small quantities. Write or wire us your requirements.

EVERGREEN AVENUE, 25th TO 26th STREET JACKSONVILLE, - FLORIDA

PINE OIL WOOD TURPENTINE PINE TAR PINE TAR OIL FLOTATION OILS SHIP PITCH FLORIDA WOOD PRODUCTS COMPANY AMERICAN TURPENTINE & TAR CO. ~ JACKSONVILLE, FLORIDA NEW ORLEANS, LOUISIANA

AGENCIES AND STOCKS E. W. COLLEDGE PITTSBURGH General Sales Agent Homer D. Butts, Westinghouse Building P. O. Box 356, Jacksonville, Florida CINCINNATI General Naval Stores Company, Union Central Building

CLEVELAND F. E. MARINER J. C. Drouillard- Company, Kirby Building General Sales Agent Flotation Oils CHICAGO General Naval Stores Company, McCormick Building P. O. Box 1256, New Orleans, Louisiana AKRON Tyler Patterson Company, Superior Building, Cleveland R. L. DIGGS SAN FRANCISCO Martin, Hoyt & Milne, Merchants Exchange Building Eastern Representative LONDON and LIVERPOOL 280 Madison Avenue, New York City C. T. Bowring & Company, Limited

12 SAVANNAH WEEKLY NAVAL : STORES REVIEW AND JOURNAL OF TRADE |

WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE Naval Stores Dealers and Exporters Iistablished 1390. REVIEW PUBLISHING & PRINTING CO. (Incorporated) M. W. LARENDON & GO. THOMAS W. GAMBLE, Business Manager Producers Turpentine Co. Publication and Business Oiices COMMISSION MERCHANTS 114-116 East Bryan Street NAVAL STORES AND RICE ELIZABETH, LA. Telephone 3420 82 WALL STREET SUBSCRIPTION Per Annum, - - = $5.00 NEW YORK CITY PRODUCERS OF Address all communications and make all Consignments of Pure Gum Spirits of checks, drafts, money orders, ete., payable to NAVAL STORES REVIEW, Turpentine and Batting Strained Rosin PURE GUM SPIRITS TURPENTINE P. 0. Box 948, Savannah. Ga. solicited. Sight Drafts against Bills of ROSIN | Entered as second-class matter at the Lading accepted for seventy-five per Postoffice at Savannah. Ga. cent. Savannah market. Possessing the ~ STEAM DISTILLED PINE OIL | good will of the consuming world, can LONDON-SAVANNAH N. 8. CO. guarantee full values and quick returns. SUES STEAMSHIP COMPANY Firm c. i. f. offers also solicited. STEAM DISTILLED TURPENTINE > FOR LARGE DAMAGES

(Savannah Press.) Producers Sales Company A libel action for the recovery of NEW ORLEANS, LA. FRANK A THOMPSON COMPARY $101,808 damages from the United States Shipping Board Emergency EXPORTERS AND DEALERS IN WILMINGTON, N. C. Fleet Corporation was filed in the Pure Gum, Rosin and Turpentine. United States Court this morning by Supplying pale grades of rosin in the London-Savannah Naval Stores round lots a specialty. SPECIALTIES: Co., of Savannah and the Produce Inquiry from dealers and consumers OLD PROCESS PINE TAR . Brokers Co., Ltd., of England through solicited. Adams & Adams, proctors for the li- Direct shipments made from stills to WILMINGTON PITCH bellants. ; point of consumption. It is alleged in the petition that the Cable address “SALES.” MENHADEN FISH OIL London-Savannah Naval Stores Co., Codes: Western Union, A B C 5th CORRESPONDENCE SOLICITED during 1920 entered into contracts Edition, Private. with the United States Shipping Board Emergency Fleet Corporation for the delivery of large quantities T. E. Ehrenberg Waco of naval stores from Jacksonville and Pensacola for several ports in the SALES AGENT United Kingdom, principally England. Turpentine Co. The corporation after making the formal contracts. for the transporta- Naval Stores MADISON, FLA. tion of the naval stores which were destined for delivery to the Produce Paraffine MANUFACTURERS OF Brokers Co., Ltd., at stated intervals CYLINDER SAWED failed or refused to make such de- Heavy Chemicals liveries. YELLOW PINE ROSIN It is alleged by such failures the BARREL STAVES English consignees canceled the con- SAN FRANCISCO, CALIF. tracts and it was necessary to sell the naval stores at lower market values. The losses on canceled contracts and France the differences in the quotations at T.T.CHAPEAU’S SON which the commodities were sold and " the contract values amounted to DUMARTIN & Ck $86,808, while a further loss was en- tailed by reason of the corporation’s Ychoux (Landes) ROSIN—TURPENTINE failure to deliver the goods in the methods specified by contract. Manufacturers--Dealers--Exporters Room 808 National Bank Bldg.

MAJ. A. T. HUSSEY RESUMES ROSIN AND TURPENTINE CHARGE OR ROSIN & TURP. We Invite Your Correspondence EXPORT CO. AT N. ORLEANS SAVANNAH, GA, Cable Address: ‘‘Dumartin--Ychoux’’

Major A. T. Hussey has returned to New Orleans from Pensacola and resumed charge of the affairs there of ROSIN TYPES the Rosin & Turpentine Export Com- pany, which for the past two years Conforming to U. S. Standards, adopted have been so well administered by the by the Savannah, Jacksonville and efficient assistant, Miss Gold. Mr. Pensacola Boards of Trades. HERMAN GAERTNER Hussey has been handling business for ~ the company in the Pensacola terri- IN USE THROUGHOUT THE WORLD Import-Export-Consignments tory, with his office at that port. Mr. Made and guaranteed by Gardner is now in charge there and CORRESPONDENCE SOLICITED Mr. Hussey will once more look after HARRIS M. KING the important New Orleans district 7 Care Board of Trade Address: " Cable Address: business. The office has been removed Savannah, Ga. HAMBURG 36 HARZRENTRAG to the Carondelet Building. Georgia State Supervising Inspector of Naval Stores ABC STRASSE 25 HAMBURG

SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE 13

‘ ; 7p Stoce or Ship it Always mnt SNR in Deaper Steel Baceels

lot Tg ft rn

REG U 3 PAT OFF

¥, Ask for our No. 9 Catalogue Il

THE DRAPER MFG.CO.

E. 91st ST. AND CRANE AVE. CLEVELAND, OHIO NEW ORLEANS, LA.---203 Pan-American Bldg., E. J. Putzell NEW YORK--110 William Street, C. B. Peters Company, Inc. CHICA GO---549 Washington St., W., Amco Sales Corporation SAN FRANCISCO, CALIF.---K. M. REID, 16 California St. —— NO. 1 BLACK STEEL BARREL

HERTY TURPENTINE CUP COMPANY : TENN.

14 SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE

Rosin & Turpentine Export Co.

EDMUND S. NASH, President

EXPORTERS AND DEALERS IN ALL GRADES OF ROSIN AND PURE SPIRITS OF TURPENTINE

Main Office: 96 Wall Street, New York Branch Offices: Savannah, Ga., Jacksonville, Fla., New Orleans, La. and Pensacola, Fla.

Antwerp Naval Stores Company Savannah, Georgia

EXPORTERS OF AND DEALERS IN ALL GRADES OF ROSIN AND PURE GUM SPIRITS OF TURPENTINE

BRANCH OFFICES: JACKSONVILLE, FLA, PENSACOLA, FLA., NEW ORLEANS, LA.

SALES OFFICES: NEWYORK - - - - - =. =. . . 90 West Street PHILADELPHIA - - - - =- =. - . Drexel Building BOSTON ------24 Milk Street CHICAGO - - - - Yeetohitn & Relind, 138 North La Salle St. CLEVELAND - - - Robinson & Wilson, 529 Kirby Building TURPENTINE IN TANK CARS OR BARRELS CORRESPONDENCE INVITED

SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE

CANADA FINDS EFFECTS OF

SHORTAGE IN TURPENTINE

Shipments En Route Are Booked Far

in Advance.

(Toronto (Can.) “Hardware and Metal.”) Recent repeated advances in turpen- tine quotations reflect the develop- ment of a more or less unusual situa- tion in this product, which is evident in both southern and domestic centers. Reports from producing circles indi- cate that the present strong position of turpentine is the result of a combi- nation of circumstances, included among which are such factors as in- creased foreign demand, similar in-

sistent calls from consumers in prac- "QUALITY AND PRICE ARE THE TWO THINGS TO tically all market centers, the uni- CONSIDER IN BUYING TOOLS. form late crops and a distinct short- age of reserve supplies both in the “QUALITY FIRST, PRICE NEXT” hands of producers and distributors. COUNCIL’S SOCKET HOOP DRIVERS ARE RIGHT Consequently turpentine on the do- IN BOTH QUALITY AND PRICE mestic markets has recorded a num- ber of price advances during the past THE COUNCIL TOOL COMPANY few weeks, with the latest movement WANANISH, NORTH CAROLINA in this direction bringing prices to the highest level that has prevailed for

some considerable time. How long this condition will remain is problematical, but it evidently de- pends upon the consistency of con- sumer’s current requirements, com- Pencil No. 174 bined with the ratio of new receipts ‘nm production localities. At present, the demands are reported larger than the volume of fresh supplies, thus ren- dering the replenishment of stocks a For Sale s at your Dealer Made in five grades difficult problem. Domestic distribu- ASK FOR THE YELLOW PENCIL WITH THE RED BAND tors also record some delay in the EAGLE MIKADO arrival of recent shipments from the EAGLE PENCIL COMPANY, NEW YORK south, as supplies are experiencing a brisk call irom various quarters. Ship- ments en route are therefore described as well booked ahead, a condition which is expected to be apparent un-

JULIUS C. SCHWARZ, Pres’t. til larger supplies of turpentine are available on southern markets. 1t was confidently expected that the PINE PRODUCTS EXPORT CO. = of the markets in general would INCORPORATED have been somewhat easier by this EXPORTERS AND DEALERS IN time, and that prices would" have slightly sagged consequent upon the GUM ROSIN AND PURE SPIRITS OF TURPENTINE arrival of the new crop in larger vol- NEW PROCESS PINE TAR. PINE AND TAR OILS ume. On the contrary, however, southern quotations have registered WOOD TURPENTINE, “DISINFECTOIL,” ETC. further advances, which trend has SAVANNAH . GEORGIA been reflected in domestic price levels. While quotations a few cents lower CABLE ANDRESS: “PINEPRODCO”

Continued on page 23

16 SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE

| Alphabetical Index of Advertisers

BATTING DROSS BUYERS Rosin & Turpentine Export Co...... 14 TANK CARS Jacksonville Rosin Co.....cccoeeven.e..... 30 Taylor-Lowenstein & Co...... 29 General American Tank Car Corpor- Western Paper Makers Chemical Frank A. Thompson Co...... 12 ation United Naval Stores Co....ccceeeee... 21 Company <0 clown 19 TAR WANTED John RB: Walsh... oneal bony 9 DAILY MARKET LETTERS United Naval StoresiCo...... 21 BH. TT. West: Co. vio onli, ity 7 John R. Walsh 9 Isaac Winkler & Bro. Co...... _.. 22 TURPENTINE CASKS, BARREL FOREIGN NAVAL STORES STAVES, ETC. DEALERS- NAVAL STORES FACTORS Draper Manufacturing Co...... 13 Ad. Genvrain & Co...... iocconieunn. 12 Baldwin-Lewis-Pace Co...... a Pensacola Cooperage Co...... 19 Dumariing & Cle...... oveiioeviessovonn 12 Carson Naval Stores Co...... :...... 1 Herman Gaertner ...... cccoccvipernss 12 Consolidated Naval Stores Co...... 31 “Quitman Cooperage Coc...... ccoco.. 4 H.& A. Gratenau...... 12 The Downing Company...... 4 Reinschmidt Stave Co...... 19 NAVAL STORES DEALERS AND Flynn-Harris-Bullard Co...... 2 Southern Cotton Oil Company...... 6 EXPORTERS . Independent Naval Stores Co...... 4 WOOD TURPENTINE AND ROSIN, Peninsular Naval Stores Co...... 2 Antwerp Naval Stores Couoeeecenee... 14 PINE TAR, ROSIN OILS, Atlantic & Gulf N. S. Co...... 12 Southern States Naval Stores Co...... 2 PITCH, ETC. Taylor, Lowenstein & Co...... 29 W..H. Barber Coun ailinaliy 1 Atlantic Turpentine & Pine Tar Bogalusa Turpentine Co...... 22 PENS, PENCILS, ETC. Cola na 22 I. TF. Ohapeaw's Som... uk. sip binadion 6 Fagle Pencil. Co....c..ccoovioviitnivieasis 15 Columbia Naval Stores Co...... 32 Columbia Naval Stores Co. Special.. 1 ROSIN TYPES Columbia Naval Stores Co...... 32 Florida Wood Products Co...... 7 Harris M. King...... 2.56050 12 B.'T.&S.P.Day Co...... c.ic.... 30 General Naval Stores Co.ooooooooeoe 9 E.E. Bhrenberg i. oi rao. 12 STILLS, CUPS, APRONS, TOOLS, Gulf Naval Stores Supply Co...... 23 General Naval Stores Co..oooeeeeecenen. 9 PUMPS, RETORTS, ETC. Hercules! Powder Co...... d Gillican-Chipley Co...... 1-18 Baker Manufacturing Co...... 11 Gulf Naval Stores Supply Co...... 23 Brooks-Scanlon Corporation .._.._... 7 Independent No. S.. Co....cooooeooicoen..... 4 Hercules’ Powder Co. 0 5 Comte Fool Coin mmc cove 15 TAbarty- Ol Cou osie sriinni eis, 7 MW. larendon & Co... 12 Edwards Manufacturing Co...... 28 Loranger Pine Products Co...... 6 London-Savannah N. S. Co...... 19 Herty Turpentine Cup Co...... 13 National Rosin Oil & Size Co...... 29 John D. MecGillicuddy...... 9 "New Orleans Copper Works...... _. 16 Pine Products Export Co...... 15 Pine Products Export Co... .. 15 Pringle Turpentine Cup Co... 11 Producers Turpentine Co...... ad J.’ S. Schofield’s Son: Co...... 21 Prank A. Thompson Co...... 12 John P. Rausch Ce...... 22 Wernicke Sectional Retort... 8 United Naval Stores Co...... 21

ESTABLISHED 188i NEW ORLEANS COPPER WORKS JOSEPH WALLBILLICH, Proprietor Turpentine Stills a Specialty Manufactuer of the Improved Turpen- tine Still with an improved bottom and spout, a combination plate, with a vapor, charge, and skimming opening, attached to a single collar that has a free vapor circulation; it does not trap the vapor in the kettle and prevent it from going over into the worm. Workmanship and mate- rial first-class. The design speaks for itself. Can furnish best of references. WALLBILLICH GENERAL COPPERSMITHING IMPROVED STILL . All Work Promptly Attended to PATENTED JUNE 1618 09. Operators are warned against infringements on Patent No. 946,186 OFFICE AND WORKS: 827-829 TCHOUPITOULAS ST. NEW ORLEANS, LA.

SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE 17

STAVES and HEADINGS REINSCHMIDT STAVE CO. QUITMAN, . GEORGIA

© Manufacturers of High-Grade, Patent, Cyvlinder-Sawed. Pine Rosin Barrel Staves. Also Pine Circled and Square Headings that conform with the ruling of the Board of Trade at Savannah, Ga.

Staves all one thickness, same length, tied up a barrel to the bundle. Operating two mills and one heading plant in Georgia. Also connected with Pensacola Cooperage Co., Pensacola, Fla., who make the same staves and headings we do.

Our Staves.-will make a uniform barrel. A nice neat package and one that will hold vou rosin is cheaper to the operator than the old-fashioned staves. We can prove this to vou by writing us for a trial car load; the goods will speak for themselves.

Write us at Quitman, Ga., for prices on Staves and Heading.

Write Pensacola Cooperage Co., Pensacola, Fla., for prices in Pensacola, New Orleans and Texas territory. Reinschmidt Stave Co. Pensacola Cooperage Co. QUITMAN, GA. PENSACOLA, FLA.

WESTERN PAPER MAKERS CHEMICAL COMPANY ¢

CONSUMERS OF ROSIN AND ROSIN DROSS ROSIN REFINERIES AT PENSACOLA, FLA. 2 : JACKSONVILLE, FLA.

LONDON-SAVANNAH NAVAL STORES CO. SAVANNAH, - GEORGIA

TURPENTINE-Pure Gum Spirits, in casks, drums, cases and tank cars ROSIN Standard Grades, correct weights

BRANCHES NEW ORLEANS, LA. PENSACOLA, FLA. JACKSONVILLE, FLA. CHICAGO, ILL. Cable Address: ‘*Lonsavan’’ Savannah

18 SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE

Continued from page 10 | that certain forest tracts in New service. | England, the best to be sure, located First, then, about reforestation. products of this nature that the re- lto advantage, and small in area, Men who use their eyes directly and gion can supply, on levels of price that though no better than we could have with effect know that no difficulty or will be abundantly renumerative. on large areas with a little care, have heavy expense attaches to it, that on brought in revenue around $10.00 an the other hand, it hinges on but one The solid, practical nature of the acre for each year of the forest’s life, or two very simple and evident mat- point I am trying to make perhaps The maintained independences of cer- ters. Sweeping and repeated fire in could be made clearer, if I tell of the tain European countries, notably Ger- fact is all that stands in the way of reaction to some of these considera- many, in respect to their main timber tions of a group of Northern for- its being realized as fully as could be supplies, has been long known gen- desired on probably ninety per cent. esters. In the summer of 1920, I erally; it may not be known that the joined the foresters of New England of the area. Too much and untimely country named, counting on depletion fire, also either kills or checks the at their annual meeting, and was of the timber resources of the United asked to tell something of this South- growth of much young timber. Un- States, is making definite prepara- checked fire, therefore, well posted ern country, which I did, illustrating tions to supply its own naval stores men recognize as a prime factor in my talk with pictures. It was on the locally, from timber vastly inferior the case, and a masure of control of same lines as what has preceded, and to our own. Japan, we know, is fire as the first step to be taken. related largely to the same territory. studying the matter of planting for- Another thing, as evident in the At the close one man spoke up and ests on the basis of an industry of region as the depressing effect of fire, said that those ideas ought to be the same sort. If she carries out her is wholesale destruction or crippling saleable, that in view of the impend- scheme successfully, she will do no of young timber, as soon as it reaches ing scarcity of timber in the country more than was done in France a hun- available size, by naval stores opera- carrying high prices at an early date, dred years ago, planting up swamps tions. This fact no one disputes, there ought to be money in buying nor and sand dunes in the southwestern the end it is leading to; it has in fact young timber and raising it syste- provinces that have since become one attracted comment in the strongest matically in a country that would of the richest sections of the whole terms, both near and grow it as fast as this. He thought a far. This topic, country, naval stores and other tim- except for the remark man ought to drawn down a big stake that perpetua- ber products its main economic sup- tion and prosperity of who would take this idea to the fi- the naval stores port. The achievements of the French industry is one of nancial centers. That looked probable the things most in this field, are indeed noteworthy, greatly to be desires enough, too, but the point was coun- in the whole and constitute a challenge of the case, will be passed over for a little tered by another, this from the Com- strongest kind. Under their system time. missioner . of Conservation for the of forest management from an area Returning state of Massachusetts. “That may to fire, and measures re- around 2,000,000 acres in the gross, quired for its control, the first thing be so,” said Mr. Bazeley, “but don’t equal only to that of the five south- that is necessary do it. Sell the idea to the people seems to be under- eastern counties of Georgia, along standing of his instead.” a interests and their with large timber supplies for their effective protection by the landowner The state of timber affairs in South own use, and that of Great Britain, himself. Georgia today, many here are fa- However, much assistance the French maintain a production of or regulation might be afforded froin miliar with. Sawmill timber in the old- something like a quarter of the outside, fashioned sense, was long ago mainly this, it seems to us, must be amount of naval stores now produced the basis of any system that is really cut out, exists now only in bunches, in the whole vast country from South effective. Methods and is being operated along with to be employed in Carolina to Texas, and our own indus- such protection will in our opinion be some second growth by the small try, we regard as on the wane. As varied, suited mills appropriate to the conditions. to condiitons on the near as I can figure from data at hand ground. Heavy expense Much of the territory has been cut should not be the French production proportional to involved after the start, over for its pine and cypress cross with reason- area is equivalent to maintaining a ably favorable conditions once created. ties. On all classes of timber avail- 400-barrel still on around 6,000 acres. able, especially the second growth On the same basis the slash pine area Linked up with this and bearing on that sprang up spontaneously after earlier sketched out should be capable it very importantly, is common use the early lumbering, a volume of naval of supplying permanently as large a of land for grazing purposes, regard- stores business is being done, con-- volume of naval stores as is now. pro- less of ownership, or the wishes and siderable, but vastly shrunken from duced in the whole United States. interests of the landowner. This vrac- former proportions, this on methods tice is of such long standing that it that only in minute degree have any I can’t think, don’t believe, that has come to be looked on as a right reference to perpetuation of the re- the region in question when once it and in view of that fact landowners source or final use of the tree for grasps these idas is going to remain might perhaps afford to assaznt to it lumber. There is a great deal of sec- dormant under their stimulation and indefinitely were it not for the regular ond growth timber in the aggregate, tke implications they carry. What to firing commonly practiced. Under but on the other hand, great stretches do about it, what measures to take these conditions their interest suffers of land, given no definite care either first in proceeding on an upward and whether it is realized or not. Realized by their owners or the community, constructive course, is another matter, it is, and in the keenest way, in many are prey to accidental and careless one that calls for careful considera- cases; in fact, in some instances, in fire, also in large part fired regularly tion and honest counsel. The mere other parts of the South, the matter in the interest of range cattle. The following of precedents, stimulating has gone to such a length that prop- situation and prospects today are not and suggestive as these may be, is erty value has been totally destroyed. in general satisfactory, as is admitted not safe; equally inadequate might That condition or one at all approach- freely by thoughtful men familiar be long range counsel. Clear-headed ing it, vitally affects the public as well with conditions. Shrinking industry men on the ground, seeing plainly and as the owner; first by cutting off and seeming acquiescence in that, are valuing properly the big ends to be revenue from taxation, second because the material and psychological fea- reached, and equally familiar with the it makes a big difference to a com- tures of the case. details of the existing situation, in- munity whether a gross revenue Again, believing that even the most cluding its difficulties, are in my around 10 cents an acre yearly or thoughtful men do not fully realize opinion, the proper and soundest lead- from one to several dollars is derived what is lost by continuing this atti- ers. The Forest Service in contribu- from its land. tude, I revert for stimulus to facts tion to discussion at this time is not This is a local matter in which an from outside. It may sound incredible prescribing, but throwing into the pool outsider may not prescribe confidently to many, but it is a fact nevertheless,i what it has that it thinks may be of though he may see relations clearer

SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE 19

for his detached position. We of the in the industry is not in line; the fact that bears on thir own interest. Deal- Worest Service fail to see how a region that states much further along than ing with such owners, turpentine op- can expect to progress broadly, to Georgia in caring for their forest in- erators naturally leased on terms attain the prosperity which is its due, terests, have it good policy to act framed mainly by themselves, de- under the operation of a custom which very cautiously in passing laws of signed to serve their own immediate so violates the equities between men this kind, no regulation having in fact interests as seen, those of the timber and so cuts at a main source of wealth been made anywhere near as sweeping as such, and future production from at the same time. So thinking, we as this would be; strong reluctance the land, left out of sight. hope to see an early but considerate to enter upon courses so unlike those Back of these men again, as things and easy adjustment of this matter. followed by the country to date. have gone so far, have been the heavy If that should involve hardship to financial interests of the industry, the some, on the other hand a whole new The Forest Service on the other factorage houses, sharing in it through prospect is opened up to them as to hand, realizing that business men management of sale of the product, others of sharing in the gains to be like others, are citizens, having also and the loan of money. Cdncerned had from growing timber. That is much feeling for, and confidence in primarily in the security of these loans rather general today among country industry that is ambitious, forward- the interests of these men are still dwellers in New England to their looking and alert, has thought that a further detached from those of the great advantage and satisfaction and little co-operation and stimulation land, which indeed from their position, very illuminating instances of the might in the present circumstances, they would find it difficult, if they same thing are not lacking in South do much good. So for the last year felt it their business, to protect. This Georgia. or two, we have been telling men we divided, three-story organization, of could get at, much the same things the , therefore, One more agency involved remains that have been stated earlier in this appears very largely responsible for to be mentioned—the public, namely, paper, of the unique advantages their the fact that up-to-date, the natural whose co-operation is clearly .neces- country possesses, of the opportunity resource behind it, has received such sary if most desirable results in the for big success, w ethought we saw rough treatment. line of fire control are to be secured. before them, if they took hold ‘of General organization however, General appreciation, the basis of in- things in the right way. What busi- brought into line with conditions at dividual care and co-operation, in the ness has a man, we have asked them, the present day, might be the source first place, is necessary; then by all to look on his as a failing business, of striking and rapid improvement. the precedents in the development of if timber, given any kind of a show, Such things have been known in other this matter, occasions for the use of springs up all around him and at cases. From that standpoint, a move- public authority, are bound to arise. 15 to 30 years of age, runs as much ment that has been in evidence for a This, in our opinion, should be recog- zum as the virgin timber did to his few years past—rather large scale nized in the beginning, and acted on predecessors. And then we have put acquisition of land by the younger, promptly, after car eful thought. You this further question: If in the United stronger, and more ambitious oper- have indeed some laws relating to fire tates, as the statistics seem to show, ators—has seemed to be a movement on the statute books already, What timber is goin to be much scarcer of great possible significance. Own- we of the Forest Service recommend in a fw years, promises to bring prices ing their own land, financially inde- is that in addition to well-considered unthought of locally today, but which pendent, understanding better, as they laws, you establish a field organiza- prices current in other sections, prove will learn to do, the broad economic tion to assist those working along people will pay if it comes to it, don’t relations in which they are placed, thcse lines in private ways, to edu- that interest you, as a business prop- these men, in my opinion, are not long cate also, and to assert the public ogition? If it does, the next thing going to treat timber as it has usually authority when there is need. 1n the is a careful plan of action together been treated. As far as I can judge, support of that line of work, the gen- with some technical information re- therefore, these men are the most eral government, as you know already, lating to details. pope element in the situation to- stands ready to assist. That last, too, we are endeavoring ay The concern of the naval stores in- to supply. Having as precedent and How much may prove to be in just dustry in all this business is so evi- stimulance ourselves, the vast service this idea only time will tell, but in dent, and on the other hand, its done the industry by Dr. Herty a one shape or another, I feel that a" treatment of that larze share of the dozen years ago in introducing the strong upward turn may be looked for region timber resources, which has cup system, we have been trying to in this territory, and characterized by come under its hand, has been so much work out some critical points in the simpler organization, fewer and criticized, that some candid statement economics of the business, as they stronger units, land ownership, and of the matter, seems not to be escaped. depend on the tree; work the indi- the careful management of timber For one thing, restrictive laws have vidual cperator cannot well do for and land. If and when that comes in more than one instance been pro- himszalf, putting the information about, it will have been a natural posed. zained at the disposal of all who can business movement; perhaps it may In every ‘such case the position of use it. Respons2 to our effort, I be- be fairly looked qn as forced by the the Forest Service has been con- lieve, I may call satisfactory, and the necessities of the case. In these cir- sarvative. If indeed Georgia people results worth what they cost. We cumstances, the men concerned will in numbers and of representative are planning at any rate to do - hardly expect to be vestzd with altru- character, having fully considered ther work in the same line. One ism; they may on the other hand fair- what is involved, should feel that cannot in a brief paper convey insight ly claim to be creators of wealth and benefit to the industry or state could into the nature of the points covered. prosperity, and: at. the same time, be had by that means, we of course practical conservators of the region’s would have nothing to say. As things General organization of an indus- resources. - As such, the Forest Ser- stand, however, the following consid- try sometimes accounts for much in vice at least, will wish them gener- eration appeals strongly to us: The its handling of different matters. As us success financially, and it will difficulty of so framing a law that respects the naval stores industry the stand ready to give technical assist- while it secures desirable results it fact lies on the surface that up to ance as it can. It recommends, also does not at the same time cause loss date only in small degree has it owned to the local public, fair and liberal and damage (this for the reason that the land on which it operated. The treatment of these men, in respect to good wood’s management is not a main holders of this have been weak fire, taxation, and any other matter mechanical or cast iron matter); the owners in large measure, both finan- that bears on their interest and suc- difficults of enforcement, if sentiment cially and in respect to knowledge cess.

SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE

NEWPORT - PINE OIL STEAM DISTILLED

In the Modern Plants of the Newport Company the Steam Solvent Process has long since been developed to the point where they can consistently make an absolutely pure Pine Oil from which all trace of Mineral Oil Solvent is removed, a Turpentine that will satisfy the most stringent specifications and an exceptionally clean uniform Wood Rosin carrying a minimum tare weight. Such is the quality of the products consistently maintained during the past nine years.

General Naval Stores Company

NEW YORK CHICAGO CINCINNATI 90 West St. McCormick Bldg. Union Central Bldg.

SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE 21

WE ARE KNOWN AS PRACTICAL ES they PINE PRODUCTS

THEIR PRODUCTION, USES AND APPLICATION. YOUR INTERESTS ARE SAFE WITH US. CORRESPONDENCE INVITED UNITED NAVAL STORES CO. - NEW YORK LARGEST DISTRIBUTORS PINE DISTILLED SPECIALTIES

New York Naval Stores Market ATTENTION! {Correspondence Weekly Naval Stores Review) NAVAL STORES MEN

‘Write us for circulars concerning our New York, June 12, 1922. / TURPENTINE PUMPING MACHINERY Turpentine is quoted on the spot to- ESPECIALLY ADAPTED FOR day at $1.10, cases $1.31 to $1.32. The last rapid advance has caused a let- TURPENTINE DISTILLERIES up in the demand. It is generally be- NO PLANT COMPLETE WITHOUT lieved that the present price will cause OUR PUMPING OUTFIT an increase in the use of substitutes, especially in the cheaper grades of Over 1,000 in use throughout South Carolina, Georgia, lorida, Alabama and Mississippi. paint. ROSIN HEADQUARTERS FOR During the early part of last week, BOILERS, ENGINES, SAWMILLS there was a good demand for rosin, but since the advance of Thursday, AND HIGH-GRADE MACHINERY very littie interest has been shown in the domestic market. South America is ready to buy but their ideas are Scholicld's Ir Iron Works «considerably below the present level. roertowing prices are on terms, free MACON, GEORGIA on board, in yard, New York (carlots) ex dock: Spiris of Turpentine, pure Spirits of Turpentine, in barrels STILL EXPECT THIS TO BE in bbls., 50 gallons, per gal- as to brand. - GREATEST PAINT AND Strictly pure, guaranteed, gal $1.13 Yon a ae $1.10 YEAR Rosins, per 280 lbs. gross weight, , in bbls., per 280 lbs.: s.andard types, 200 bbl. lots: (New York Oil, Paint and Drug Br er eB goa A B C—Common strained...... 5.90 Common and Good Strained 5.40 D—Gond strained...... 6.15 Reporter.) ONE a Te 5.40 E—Low Nog 2 80) Bog oo 6.40 As long as there is as much building 3 nae 3 EC Ha RR 5.65 Good No.2 ov «0 85. 6.5) going on in this country as is now in Aoi al Fad Ne Xe 5.+0 No. ge AR Ne 6.50 progress there must be a good demand Ba a 6.00 en SNELL 6.50 fo eS NL 6.00 {—Bwtra No. 3.000. Lo 6.55 for paints and paint materials. When qo rte 6.00 K—~howmale. . ool i... 7.00 it is considered that there has been BL a ST 6.05 M—Pdife cd win inno f 0 0 7:10 about 60 per cent. more new construc- es Ea a 6.50 N—Fxira pale... ot. 7.30 tion work in this country thus far this Mo Sita ia sain #.60 WG—Windowglass ...... 8.15 Ne iC 6.80 WW-—Waterwh ite a 8.75 year than there was during the same WG a eh an =.65 period in 1921 it can be seen just why NVA eal ae ae ee 8.25 A PERFUMER AND DEODORIZER it is that th2 trade has hopes of mak- Rosin Oil, in bbls., 2d run, gal. 0. OF INTEREST TO MANUFAC- Tar, Kiln-burnt, oil bbls...... 0.0 TURERS OF SOAPS, VAR- ing this the greatest paint and varnish Par, Relort, oil bbls...... 9.00 NISHES. TURP. SUBSTI- year ever known. Pitch, Navy, No. 2...... 4 0 6.00 TUTES, ETC. At the present time it seems proba-

Following quotations cover parcels On page 23 will be found an adver- ble that there is going to be no let-up for export, terms, free on board, tisement offering a powerful perfum- in building activities throughout the MN. Yus year. In the Metropolitan district Spirits of Turpentine, in cases: er and deodorizer for sale. The Re- view guarantees the high character (2-5 gallon tins to a case.) plans under way promise building as to brand: of the firm advertising. It is well wor- during the rest of the year that will Stricly pure, guaranteed, thy the attention of manufacturers of | soaps, varnishes, paints, polishes, dis- | | be limited only by the amount of labor gal. infectant, ete., etc. obtainable.

SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE

NEW YORK WOOD PRODUCTS MARKET CONDITIONS BOGALUSA TURPENTINE CO., Bogalusa, La.

(Correspondence Weekly Naval Stores Review) PRODUCERS OF New York, June 20, 1922. Turpentine, Steam Distilled: Values BOGALWSA BRAND have been advanced of spot supplies Trade Mark Reg. U. S. Pat. Office to [email protected], in sympathy with the pure gum. There has been a very PURE GUM SPIRITS OF TURPENTINE and ROSI good demand. Quite a few sales have WE SOLICIT YOUR INQUIRIES been reported and stocks are very small. In the South the supply is sufficient to take care af require- little has been ments, and quite a TI pRuRNIIC 87a), moving. Atlantic Turpentine & Pine Tar Co. , rie Turpentine, Destructive: Prices of spot supplies have increased and LEADING MANUFACTURERS IN SOUTH AT SAVANNAH OF handlers are now asking 90@93c. BEST RETORT PINE TAR--2% MOISTURE “) So “While there has been some inquiry, (If you want wet tar, 10 to 40% water write elsewhere) no the demand has been slow and DESTRUCTIVE WOOD TURPENTINE sales have been reported. Southern TRADE MARK leading markets note stocks plentiful, (Waterwhite-- pure -- has body --bzst for wall paint) no offerings and just a little moving. Flotation Oils, Pine Oils, Tar Oils, Factory Paint and Rosin, E F Grades: Sellers are still SAVANNAH, GA. Drexel Bldg., PHILADELPHIA quoting spot supplies at $5.25... The

demand has been very good. Supplies, are although somewhat diminished, of fair amount. Quite some big and small quantities have been moving. John P. Rausch Company, Inc. In the South there is a fair supply, and trading has been very good. Pitch: The demand has been very Manufacturers--Dealers-- Exporters dull and prices of spot supplies re- main unchanged at $6.50. Supplies’ are small but sufficient. No sales Turpentine, Rosin, Navy Pitch, have been reported. Southern pri- mary markets note trading quite in- active. Pine Tar Tar, Retort: Prices of spot sup- plies continue at $10. The demand PRICES FURNISHED CIF ANY PORT OF THE WORLD has been very quiet, stocks are small and some small sales have been made. Cable Address: In the South stocks are plentiful, and “RAUSCH” NEW ORLEANS some good sales have been made. . Pine Oil, Steam Distilled: Hand- lers of spot supplies are still asking 90c, but lower prices are anticipated. A little improvement in the demand was noted. The supply is small and . some small sales have been made. WE BUY Southern primary markets note very large stocks, quite some offering, but AND SELL trading slow. Pine Oil, Destructive: There has been practically no demand, and prices of spot supplies are still quoted at ROSIN and TURPENTINE 7T3@77c. Supplies are small, and no sales have been made. In the South trading has been quite inactive. err r——— WOOD PRODUCTS (Spot Prices F. O. B. New York.) Turpentine, Steam Dis- WIRE -- PHONE -- WRITE tilled, 560-gal bbls, perigal. onan $ 1.00@ 1.02 Turpentine, Destruct- : ive, per gal...... I0@. .93 Rosin, E F grades, (280- ib, bbls)... 5.25 Pitch, (200-1b. bbls.)..... 6.50 The Isaac Winkler & Bro. Company Tar, Retort, (50-gal. BBIS.) ei a 10.00 Pine Oil, Steam = Dis- CINCINNATI, OHIO tilled, (50-gal. bbls.), per gall LL... 90 Established 1872 Incorporated 1917 Pine Oil, Destructive, (50-gal. bbls.), per gal. oi nT A3@ AT

SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE 23

RE-EXPORTS OF NAVAL STORES Volume 30, of the Weekly Naval Stores Re- FROM UNITED KINGDOM TANK CARS FOR RENT view, year ending March 31, 1921, strongly We have several tank cars for lease bound, sent to any address on receipt of $10.

The following statement shows the at present. These tank cars are all re-exports of naval stores from the steel underframe. Built for carry- United Kingdom for the month of ing turpentine. Capacity 7,000 and April, and the four months, January- 8,050 gallons each. Address Perfume and April: JOHN R. WALSH P. O. BOX 320 SAVANNAH, GA. Deodoriser Month of April (Cwts. of 112 Lbs.)

Spirits Turp. Rosin. 108%. a 1,428 833 For Sale aon aE 4,295 10,132 Four Months, Jan.-April (Cwts. of Charles Bernier ATTENTION, MANUFACTUR- 112 Lbs.) ERS OF SOAPS, VARNISH- Spirits Turp. Rosin. 31 rue des Jeuneurs ES, PAINTS, POLISHES, T0228 ea 4,372 8,149 PARIS, FRANCE aor. 25,040 18,274 DISINFECTANTS, ETC. Continued from Page 15 A powerful Perfume and De- than the average are still noticeable Rosin -- Turpentine odoriser for Sale. Highly rec- in certain quarters, the ability of dis- ommended to manufacturers of {riputors to supply prompt require- Broker Soaps, Varnishes, Paints, Dis- ments is doubted, as it is a well-known tempers, Polishes, , fact that stocks are practically de- Turpentine Substitute, Disin-

pleted. fectants, Disinfecting Sprays, Turpentine prices on southern pro- and in fact for all purposes ducing centers have been fluctuating Hawthorn & Walker where it is necessary to tone during the past few days, but as soon down or disguise the pungent as any number of sales are consum- Public Accountants odour of any raw material. mated, the natural result is: to move Is to be preferred to Citron- the prices upward. It is reported that and Auditors current receipts are running at a high- ella Oil, Mirbane Oil, etc., on ac- er level than at this period last year, count of the refreshing and in- SPECIALIZING IN THE vigorating perfume given off by but everything reaching the market is NAVAL STORES AND the finished products. apparently badly needed by consum- KINDRED INDUSTRIES ers, and with stocks failing to accum- Samples and full particulars ulate, the strength continues remark- on application to Box 948, Sa- ably evident. With the heavier move- GUARANTY BANK BLDG. vannah, Georgia. ment of the crop later on, it is stated ALEXANDRIA, LOUISIANA that some temporary price develop- ments are naturally looked for.

Turpentine and Rosin Germany SOPINE BRAND GULF JAMIN) PINE TAR - PITCH H. & A. GRATENAU PURE GUM SPIRITS x PINE TAR OILS OF TURPENTINE PINE OIL PURE GUM ROSIN ROSIN OILS and SIZES Hamburg--Bremen -Stockholm The selected PURE GUM 3 REN product from those distil- leries using only the most IR DISTILLED modern methods of manu- WOOD TURPENTINE FLOTATION OILS STEAM DISTILLED facture and handling, to in- OF THE sure the highest UNIFORM PINE OIL Importers of QUALITY. WOOD ROSIN HIGHEST QUALITY

Prices Made Delivered Any Point in the World ROSINS and TURPENTINE GULF NAVAL STORES SUPPLY CO. Cable Address “GULCO” NEW ORLEANS, U. 8S. A.

24 SAVANNAH WEEKLY NAVAL STORES REVIEW AND J(.URNAL OF TRADE

Coitcse of Pale Grades of Rosin at Savannah from April 1, 1919 to 1922-23

(Compiled from Official Records of the Savannah Board of Trade.)

WW WG N

DATE 1919-20 | 1920-21 | 1921- 22 1922-23 | 1919-20 | 1920-21 | 1921-22 1922 23] 1919-20 1920-21 1921-22 | 1922 23

April "1... 18675 [1975 4 925 5 80 16 30 [19 25 100 5 60 16 3) 18 75 375 5 10 APTLFCL Liens 1675 |19 75 4 25 5 80 16 30 [19 25 4 00 560 [1630 [1875 375 5 10 ADLl Boeencosins 1475 [19 50 4 25 5 75.8014 80 [19 25 4 05 5 55.60 14 80 [19 00 4 05 5 10 April 15... 1475 [19 25 5 00 5 75.80 (14 50 [19 00 4 50 550601425 [1875 4380 490_510 April 22....ccceeee 14 50 18601900 5 25 5 75 14 50 |18 85..30| 5 00 5 50 14 00 18 85..50 4 50 5 00 April 29.....cccc-. 14 8 [19 25 5 80 5 75 14 25 [18351900 5 10 5 50 14 10 [18 50.75 4 50..75 5 00 May 6... 14 00 [19 50 7 00 5 80 18 90.95/19 25 8 50 550 [13 70.75/19 00 6 25 5 00 May 13...... 1375 |18 65 7 10 6 10 13 55 [18 45 6 60 5 70 18 55 |18 25 6 10 5 10 May 20...... -. 1310 [I8 80 7 35 850 [128 [18 50.55] 6 83 600 |1260 [18 25.80 6 35 5 25 40 May. 2c 1350 [1840 | 735 |650.60[132 (1820 |68 |600.15/1300 [1790 [635 |550 June 3... 1390. [17.75 (6 50 Ea 1360 {1750 | 6 oo 1340 [172 | 5 40 Si June 10...... 18 80 (17 75 7 00 6 50 16 60 |17 50 6 30 6 15.20 16 25 [16 £1725 5 60 5 40 June 17...... 17 00.15/16 10..80| 6 50.55] 6 80 |16 85 1716 10..80| 5 75..80| 6 40 | 16 60.10/16 10.80 5 25 | 5 75 June 24...... 1760 [157075650 | 17 25 50/15 70.75) 5 80 hs 700 GNB 70.75 50 | July l srmseasaaees 18.00: 13:08 [eso Altiris os l5e0-~t1" Vira N39 Lame FT Jy Pa 19 50.60/13 35 | 6 25 TT howls swe fcr lisen wis se ites fi July i 20085" 1400 [640 | 0 {010 ao lans | i isms 34.95.90.490, fo He awa 21 50 [14 16 6 15.20! 21 05.2514 15 585.40] 20 65 [14 15 | 460.70 = oe y gy rr 23.65 |13 45.50. 5 70.85] 288 |1345.50{5 05.20] ___ ‘12285 18 45.50 415.25] fag rer 23 80 (18 75 5 50 "i $370 [183 75 5 00 i=l 245 [1375 4 20 ah ug. fo ee 21 90..95/13 50..60| 5 75 ea 21 56 [18 50..55| 5 25 Lane 21 10 [13 50 4 55 aa Ang tg 23 25 (1360.62! 5 55 a 22 60 751360..624 5 05.10] ____ | 22 1..25(1360..623| 4 80.35] ____ ug. Sepe 23 60 [12 75.90 5 60 a 2300 [12 75.90] 5 15 iz 22 50 [12 75.90, 4 40 Sones Bepiit2... Lo... os (mse se | pea [sseelsin | ID |ar ee pissed Sept. :9..coivns ess [7 23 50 [12 75 5 50 a, 28 00... 412.75 5 00 ia 200 [121796 4 Sept. 16.-...cr-o 60 ae 2270 132% !57 ST28 2240 11822 15 95 apy 21 40 11 32% | 5 00 goin Sept. 22....cocmins 29 05 |11 50 5 50 ise iil so 5 40 los s0 “NY 50 5 35 oi Sept. 30...... 2075 [11 50 5 40 aralm0s0s... a 50 5 30 mE ly9 75 N10 14.90 ib Oct.1.. T.oonereet 22 25 [11 02% | 5 &5 San 21 50 |11 02% | 5 60 LTE 2100 [11 0215 | 5 25 on Oct. 14...... 22 50 |1' 00 5 60 En 2175 (10 90 5 45 tod 21 00 (10-90 5 15.20; ____ Oct. 21...... 22 25 [11 25 5 80 a 21.5011 25 5 45 Pe 20 50 (11 2% 5 20 “pid Oct. 28...... 22 60 [11 40 5 6) YAH yess [11 40 540.45 2000 [1140 | 525.300 Noy. 4... 22 75 [11 70 6 10 rains havo 5 85 I Doves 35 900 {FFG 5 50 _ =Nov--11 o.oo ND 11 00 5 60 te ND 11 00 5 40 iE ND [11°00 5 30 Soa Nov. 13... ND ND 575 a ND ND 5 57 Lis ND ND Sd7y iol Nov. 28... ND ND 6 00 ie ND ND 550.75. ND ND 5 50 fia Dec... 2...... : 21 75 ND 5 75 8 21 Ov ND 5 60 eee 197 IND b 10 NE Dec... 9...... 21 80 ND 5 75 . 20 50 ND 5 60 $7 1975 [ND 5 40 hs Dee. 216 ...... 21 25 ND 5 90 % 20 30 ND 5 60 i. 197% [ND 5 35 te Dee.~23...... 21 25 ND 5 95 SE 20 00 ND 5 BS 17 19 75 ND 5 80 sie Dec. 20...... 21 25 ND 5 05 Gr 20 25 ND 5 60 in 2 20 00 ND 5 40 Sy Jan. 6...... 21 25 ND 5 85 a 20 25 ND 5 50.55% 20 30 ND 5:30.35 Jans 13.00.00 292 10 ND 8 00 a 21 20 ND 5 75 3 20 90 ND 5 50 a Jan. 120°" 21 75 ND 8 00 i 2050 | ND 5 60 To. A270 35 ND 5 30 a Jan. 27... 5 20 75 ND 5 80 ah 20 50 ND 5 50 Eo 20 25 ND 5 25 Sas Reb 30.20, ND ND 6 00 nv ND ND 5 70 bio ND ND 5 40 I oy Bebb. 10... .. ND ND 8 00 a ND ND 5 85 5a ND ND 5 15 SE Feb. 17... 17 75 ND 6 00 5 17 75 ND ee EI 17 50 ND 5 45 a Feb 2d... 18 25 ND 8 00 Sh: 18 00 ND 5 85 3 17.35. I ND 5 50 i 5 Mar. 3...... 18 25 ND 6 10 Say 18 00 ND 5 85 on 18 00 ND 5 35 es Mar, 10... -... 1900 |ND 6 00 Ae 1900 |ND 5 75 i 1900 |ND 5 30 a «May, 17... 19 00 [5 00 6 10 Shi 1900 [475 57 is 1900 4 50 5 20 Sa Mar. 24... 19 00 [4 25 6 00 = 1900 [425 5 70 37 1950 425 L515 a Mar 3%... 1925 [425 Sil he Koo Sen] lisa .i878 lwds

HIGH AND LOW FOR EACH YEAR ON ROSINS FROM 1918-19 TO 1921-22 Waterwhite . Windowglass N

1918-19 1919-20 1920-21 1921-22 1918-19 1919-20 1920-21 1921-22 1918-19 1919-20 1920-21 1921-22 H L-H 1 BB 1. H LL. B 1. H 1 B ,.B ..1L oy wo. #/ LH -L 16.90 7.40 24.25 13.10 19.754.25 7.35 4.23 16.80 7.30 23.95 12.75 19.25 4.00 6.85 4.00 16.70 6.50 23.00 12.50 19.00 3.75 6.85 3.75

SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF ‘TRADE 25

Course of Medium Grades of Rosin at Savannah from April 1, 1919 to 1922-23

(Compiled from Official Records of the Savannah Board of Trade.)

| | M K I —e EEE ELT i AR a

| DATE 1919-20 1920-21 | 1921-22 1922-28 || 1916-20 | 1920-21 | 1921-22 | 1922-23 | [1919-20 | 1920-21 | 1921-22 | 1922-28.

April 1.00.0. 1425 (18 25 360 . 155 1575: [18 00 3 80 4 10 365 17 60 3 60 4 00 Apri Lois he 25° [18 95 360 | 455 5h 1H [1800 3 60 4 10 365 |17 60 3 60 4 00. Gori BLL 14 25 [18 00 40> | 450 3.0C :{17 90 4 05 4125.35 (11 8 117 75 3 95 4074.20 apn lo Uo lia'20/ [18 25 420 | 44051325 [IS 00 410 4125 174512 00 [17 25 4 (5 4073173 90 4 174 April dd at 13 30 [17851825 4 20 | 4 50 18 00 20/17 60 4 10 4 20 1 70 75/17 40 3 pr Bl 118 30 .4'|18 35.50, + 60 | 4 50 8 10 20[!18 10.25 4 50 4 30 175 [17851800 4 40 4 25. May oa ha on" 118 75 5 Bu | [4450 1295 |I8 0 5 2.60 4 25 11 85.75/18 10 485..510| 4 20 May L1a. TE (2370 {17 95 560. | 4.75 12 60 17 80 5 10 4 40 11 80; {17 65 4 55 4 37% ay a 12 25 (17901800 5 60 | 490.500(|i2 10 [17 75 5 00 4 70.8511 056 [17 60 4 50 4 65° AY TEAL 12 Bh 17 65 HHO 1525 12 30 17. 10 4 63.75 5 00 1106 © 17: 0B 4 10..20| 4 80-85 Altre fg allo 13 10 © [17°00 490550 Jn 1310 11650 | 445 hy 11951210/16 50 3 90 Se {6.25 {1651780 5 10 : | 5 20 5 35 16 75.85 4 50 5 00_05/[15 85 [16 65..85| 4 10 4 70 June’ 10.05 Te 17 ins. | 65 6516 10.301 4 75 | 545 ld 00. 15{16 10.30) 4 10..25| 5 85 5 60 [16 10..80| 3 85..90| 5 05 uae 24 wl [io 5078115 70.7554 3% | o.. 16 35 50/15 70 75| 3 90 ol 5 bu 8515 70.75) 3 75 Hi SHY ret 17 25 395 atk 4 25 a 1825 $17|13 95 3 90 Loa 15 6.7518 95 3 50 Tan 6 45 [13 30 367% 1 0 JTy i 1X 85.7518 30 dln, Sot 17 15 18 30 4 00 un Taly 15 en 19 35 [14 85.90) 4 45 ps 1s 85 (14 85.90) 4 15 es 17 50 [1485.815 3 90 Cat Jay adie 200 00. 10|14 15 4 35.40¢5 19 20,2504 10H 4) 10.18/10. t9 Or 10/14 10 390.95; July 2 21-1418. 48.500 4 05. |; od 19 9) 13 45.501 3 70-85) ____ 19 25.45/13 45.50 3 65.70 ____ Aug. TB. olin 21 45 13° 7h 4 00.5] oh 02 1375 3 90 ELL 19 85 [13 75 3 65 Sant Aug. 12.00 20 50 [13 50 a4 hil 19 75 (13/50 4 40 Ly 18 65 [13 50 4 2 So Aug. 19000 21 10..251860..62%| 4 20.25 ____ 20 35..50(1360..623| 4 10.15 ____ 19 85..50(1360..623| 4 10 aa Aug. 26... 21 25 1275.90 4 80. | ...L uv B50 {12 75.90 4 925 a 19 75H 12 75..90| 4 20 pa Sept. 2. Uh, 20 80 11.55.60; 4 30. |... 20 0H 11 55.60) 4 25 Sg] 18 85 11 55..6u| 4 15 Ca Sept. 9. Lh. 21 wy Li Y12 78 £500 ad 20:00 12 75 SH 4400 ff 0 1925 5112.35 4 30 a Sept. 16... pg FIL 821g g00 | DLL 19 50 [11 32% | 4 80 LA 1980 [11 3214 | 4 70 be: [1150 5 00 TA Sept. 28... mi. 19 80 = 111 50 Bap Ls IR 85 11 50 5 20 a 1820 Sept. 30.10 0. 19 00 |11 50 280 |. al |1800.25011 5) 4 50 058 he 00.25(11 50 a Oct. 7.004 20.200 111 6211 590. ful 19 55 {11 024% 4 80 St (8 80 [11 02% | 4 30 ds Oct. 14.5.2 20 25 10 90 500.0500. 11950 110 20 4 55.6 00 18 75 [10 90 480.40) Oct. "21.0005 19 75 111 20 5 03.9 Lun 1900 1120 4 583.755 UL 18 50 |11 20 430.45 =; Oct. 280 ol. 010 11 35 5 15.000 cui 19 35 (11 35 4 70 Cut 18 60 [11 35 4 30 Wid, Nov. dd cio. 20 H0 (11 65 5 85 ht) 3080. 11 6) 50) gu 18 50..75|11 65 4 65 AI Nov. 11.54. Np L111 00 B00 fe LL Npl Lif 00. | 4 70 SA ND [11 00 4 20 ue | Nov. 18... .. ND ND 517%. | LX 85 ND 4.8900 180 17 80 ND 4 30 Jus Nov. 25...8.1 19 15 ND 5 95 1 LUE [8 35 ND 4 80 SA 17 63 ND 4 30 Led Dec... 23. li .&. IR 75 ND 5 15 val i% 05) ND 4 80 eu (7 40 ND 4 25 LTE Dee. 9.0110. IR 75 ND 51s. bu ix 25 {ND 4 75 iL 1690..$17| ND 4 05 aa Pec. 16.0.0. i8 75 ND B20] 12 25. IND 4 80 _.il Et {ree0. $17] ND 4 05 ~ 2 Mee, 27 10 Jl9o0 | ND 595. | 10 8limas VND 135. dl on dl ND sil garg th wet, (BO. af 19 (0) ND 5208 00 80 ND 4 R0 ay 17 224 ND 4 05 ees Jan. Hele 19 75 ND 5 10.15 oi 18 75 ND 4 70.750iC0.0 7 75 ND 4 00.15] dL Jan, P13 0d. 20 6) ND Ben an oh 19 HO ND 4 75 BELAY 18 40..50| ND 4 00 as Jan. 20...0. x 20 25 ND 5 10 Eh 19 25 ND 4 60 2h [8 10 ND 4:15 Sold dam. 20000, 20 00 | ND 5 00.35/05 ui {19.95 ND 4 80.7510 d0L (hig 33 ND 200.0245 i Yeb. © 3... ND ND 5 10 | Hi ND ND 450.60 it ND ND 4074.10] __-_ Feb. 10... 17 50 ND Boni 17. 8..73 ND ETE 17 U5 ND 4.235 Gf 1 Feb, 17.0.0 17.95 IND 51s 1.004 hn os ND 4.00050 od 16 70 ND 4 00 Sh Fob, A... iu 17 60 NID (05S oul 1740 ND 4 49. eg 0 17-807 | ND 4 00.05 .C_ Mar. 3.....5. 1800 | ND 508 0.0L Bisons ND 4955 4 cl + [1800 ND 415 OE Mar. 10... 1900 | ND 205 | Lls'TEy IND 4 25.30 150.00 {hes vo ND 21a 08 gil] Mar. 17.0.0... 1900: {sas iifees. | 0 VIBE Ss ola ol i Sly an.5nl 4005 TH 4.05 A gl | Mar. 24.00.40. 18 50 4:25 4 75. oud 8 (0 3 60 4:90:20 ull L7 55 3 60 4.07% Hf. il Mar. ‘31.500 isan (agoiijene | CC hB00: 1360 [400 [sole lipens | 380 (1( 4.00018

| HIGH AND LOW FOR EACH YEAR ON ROSINS FROM 1918-19 TO 1921-22 M K 1 A rN crestor srs ea A= TE \ a \ oT TT 1918-19" 1919-20 1920-21 1921 22 1918-19 1919-20 1920-21 1921-22 1918-19 1918-20 1920 21 1921-22 HiT, HH LL H IL. ‘H L H 1 H L Oo LHL H L H L HT HL 16.60 6.25 21.75 12.25 18.75 3 60 5.80 3.60 16.60 6.05 20.75 12.00 18.50 3.50 5.50 3.60 5.85 5.50 20.00 10.90 18.20 3.50 5.15 3.50

te a 26 SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE

Course of Lower Grades of Rosin at Savannah from April 1, 1919 to 1922-23

(Compiled from Official Records of the Savannah Board of Trade.)

H G F

DATE 1919-20 | 1920-21 | 1921-22 | 1922-23 || 1919-20 | 1920-21 | 1921-22 | 1922-23 || 1919-20 | 1920-21 | 1921-22 | 1922-23

AOE Lei 13 30 [17 60 3 60 39 [1325 [17 60 3 60 395 ||18 20 [17 60 3 60 3 95 ADIL: Liven. 13 30 [17 60 3 60 395 [1325 [1760 6 60 395 ||1320 [17 60 3 60 3 9 ADL B.... 5 11 60 [17 75 3 90 4074.20/11 50 [17 75 3 90 4073. 201'1 45 [17 75 3 90 4 05.20 Apri 1B... 11.85 1:17 10 400 aor ridpl 5 [17:05 4 00 4074 173111 70 [17 05 4 00 4 12% APTI EE... cis 11 50 55/17 40 3 85 4 174 ||LL 45 117 35.40, 3 80 4 17%. || 135 [17 35.40 3 80 4 15 April29....000 11 70 [17 85.90 4 35 42 ||i1 60 [17 75.90, 4 30 4925 [|1150: [17 75.85 425 . | 490 May = 6.0... 11 60.65/18 10 480..505, 4 20 11 55 18 10 475..505| 4 20 11 45 18 10 465..505| 4 20 May 12... 1125 [17 55 4 45 235 1s i753 4 40 482% ||1L 6» {7.55 4 35 4 30 May. 20...... ~--||L0 75 |17 60 4 35 4 60.65/[L0 70 [17 50.55] 4 25 460 |[l070 [17 50.55 4 20 4 60 May 27:..ccos 108 [16 90 4 00 475_824/{L0 70 [16 90 3 90 4 75.80/|L0 85 [16 90 3 85.90| 4 75 June 3...... c..s 1185..$12/16 50 3 75 Gr 1185..$12/16 50 3 70 oo 1185..$1% (16 50 3 65 pie June :10...... 15 85 |16 65..85| 4 00 465 ||Ll5 30 [16 65..85] 3 90 465 ||158 [16 65.85 3 90 4 £0.65 June 17... 1550 [16 10.30; 3 80 85 5 00 : ||I15 456 {16 10.89] 3 75 495 |[1540 [16 10.30| 3 70..75| 4 9u June: 24...... 15 25.40/15 70.75] 3 70 Oo 15 2,..35(15 70.75 3 63 oR 15 15 2 (15 70.75 3 60 a July = 1... (5 30.50/13 95 3 50 ors 20 2511895 3 45 fal win 8 [18 95 3 45 La July 8...... 8 10 [13 30 geal no 1575. 113.80 3 55 ook i583 [18 80 3 50 ih July 16... 16.80 (1485.$15 38 | ___ |lI6 50 |1485.815 375 | ____ |[16 40 |1485.815 8 70 | __ _ July. 22... 17 60.70/14 10 | 880.85/ " {ir 98.314 10 [27088] | [17 10.814 10" | 8 70.78) 17] July 29... 18 75.95/13 45.50 3 60.85] ____ ||L3 25.45|13 45.50 3 55 _i- [18 00.20/18 45.50 3 45.50! Aug. 5... S50 NSP eiiaes |Z aise uss ryass TT thrssiihags aan dT Aug. 12... 1778 (1380 wil a2 | olsigee [IB80cic4 00 | 2 ihiTen ci 1350 Pao iT Aug: 19... 18 00..10/1360..62% 4 00.10 ___ L7 80..80,1380..624 895.405 ____ [IIT 25.45 1360.62} 3 85.95 Aug. 26... 850 Namah 41s | co lwighayson 4s Cl nse mel ton fT Sept. 2...... 17.85 [1155.60 1 05 | __ [i730 1155.80 400 | ___. {i695 '|11 55.60 3 95 oe Sept, 0... Bolin dn (Thirsalzmildn Tl irweonznr iE LTD Sept. 16...... 18 20 [11 32% | 4 60 co plhy so iin.82%! 4 50 | Loo eles. 118204 1 4 40 aan Sept. 23...... 16 70 [1150 | 4 85 ac Ele 70 iat s0 Sil 4 70 | --- [182 [i150 4 60 ne Sept. 30...... 15 50 [11 50 4 10 = ||t5 30.4011 50 | 4°05 gd is oe fiat 50 4 00 La Oct." 1...cone 17.30 | /j11 0234 425 usb ljimes hioayg i415 ae Toei [11902321 4 15 A Oct. 14...... 17 25 [10 9C 4 35 goal i700 7 71090. [425.300 17 00 [10 90 4 20 Co Oct. 21... 1675 111120 1 480.40. i: sflis 80: (11205 1 4.30 --vded (HA 98 LERIL G0 Finn: iT) Oct. 23." ..... 16.85 {11 85 420.95. :lhess i185 fa 15.300" ills as i115 4.135.200 i Nov. 4.0... 17.15.3011 60 ,:1 465 |. 0 iliseszsir600 [468 | 0 (he es.mmlI1 60: 465 TT Nov. 11... ND [11 00 4 20 es ND 1.1100 .]4 20 ot ND 11 00 4.2). Hos Nov. 18...... 18 85 ND 497% 7 6 65 ND | 425 ELL 18 80 ND 4.2% 0 we Nov, 25...... 1700 |ND 4 30 dae #3 ND | 430 2 lig 75¢ ND 4.30 4k oy Dec. 2... 16 50 ND 415 ANA 16 45 ND 4 10 ak 16 45 ND 4 10 a Pec. 9... 16 25..30| ND 4 00 “ase 16 20.25 ND | 4 00 aia 18 15.25 ND 4 00 cs Dec. 16...... 0..5. 18 80.40 ND 4 05 Ei 16 30.835] ND | 4 05 Sy 16 25..3| ND 4.05. al Dec, 23... 16 40 ND 3 95 at 16 35 ND il 83.9241 1 Li 35 ND Soo if Dec. 30... 16 623; | ND 403 | sa nllieesz ND [4087 1 dle 60 [ND 406 0s or 1760 |ND 400.123" ____ ||17 50 ND “if 400.128 50 of 4 {17 40 ND 40.123 Jan. 13... 18 25..30| ND 4 00 Soy 18 15.20| ND | 4 00 18 15.20] ND 1.00. 0 Jan. 20... 18 00 |ND 415 Sten ths 00 ND #415 traits 60 ND 410 Jan. 127.0. 005, 18 20 ND 400.024" _ 0. 18 15 ND ih 400.024 55 18 10 ND 0} 400.028) ov Yeh, . 3... ND |ND 4073 [laa ND ND 2407 ND ND 10D, 174 0c Feb. 10... .. 1695 |ND 4 20 Jia bithe 85 ND 4 20 | rie Ie 75 ND 29g CF Feb. 17.00. 5. 16 45 |ND 4 00 ik 16 40 ND | 4 00 ast l16 35 iD 10). los Peb. 24... 17 20 ND 4 00.05] LL 17 10 ND 40005 _ _. 17 00.05 ND 4 00.05 ____ Mar. 3... 18 00 ND 4.13 co 21hs 00 ND “L415. bo i {8 00 |ND 4 15 Mar. 10.55... 1540. ND iii 400.0287... Less END 21400 |... i895 IND 4.000 fy Mar. 17.00... 1700: [aos laos TC ilirant Jags 40s | oslhrao [emsailaeme il oy Mar, 24.0... 17 55 3 60 4073 | 2 {i750 360 40747 17 50 3 40 4.028 ufo Mar. 31... 17 60 3 50 305.973 -._. © ||17 60 350 |395 | ak E760 350001. 8.05 if nu

HIGH AND LOW FOR EACH YEAR ON ROSINS FROM 1918-19 TO 1921-22 H G F oe A. A

1918-19 1919-20 1920-21 1921 22 1918-19 1919-20 1920-21 1921-22 1918-19 1916-20 1920-21 1921-22 HL L+H L H L HL H L H Loo LL H I. 1 Ini L Hil 15.70 5.45 "9.10 10.70 18.20 3.50 5 10 3.59 15.623 5.40 18.75 10.50 18.20 3.50 5.05 3 45 '5 55 5.40 18.75 10.50 18.20 3.50 5.00 3.40

~ SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE 27

Course of Lower Grades of Rosin at Savannah from April 1, 1919 to 1922-23

(Compiled from Official Records of the Savannah Board of Trade.)

E D B

DATE 1919-20 | 1920-21 | 1921-22 | 1922-23 || 1919-20 | 1920-21 | 1921-22 | 1922-23 || 1919-20 | 1920-21 | 1921-22 | 1922-23

April 1... t3 16 |17 60 3 60 395 ||l3 10 [17 50 8 60 395 ||1310 [18 25 3 60 3 95 April. 1... 3 16 117 60 3 60 3 95 18 10 |17 50 3 60 3 95 13 10 [16 25 8 60 3 95 Aprik 2.2000 140 (17 75 3 90 4 05.2C}|L1 40 [17 75 8 90 4 05.2011 35 [16 00 3 90 4 05.20 April 15..L00.5 LL 85 |17 05 4 00 4 07% ||'l b5 |17 05 8 90.84| 4 05 ||l1 BO - [15 00 3 90 4 00 April 22.5.5 t1 30.85/17 00.35 3 80 4 15 113 [1700 | 380 4 15 11 20 25/16 10.85] 3 60 4 05 April 29... 00 145 [17 50.85 4 00 4 20 1 45 17 00.50 8 85 415 {1 10 - |14751525| 3 70 4 00 Moy © 110-17 85 4 65 410 [[t138 [1760 | 440 4 05 ||t1 00 06/14 60 375 4 00 May 13.000 106 [17 45 4 30 425 ||L1 00 [17 35 4 10 4 20 10 85 (14 35 3 65 105 May 20.250. 10 85 [17 50 4 10 4 50 |[|l0 60 [17 35.45 4 00 435 ||l050 [14 80 3 60.8¢| 4 15 May 27... 10 Hd 16 70 3 75.90 4 50_57||10 55 6 90 3 60 4 35 10 £0 3 90 3 50..80| 4 20_30 June: 3... 1175..% 2/16 50 3 60 ad 11 50 60/18 25 3 55 in 10751125({12 50 3 50 oI June 10.50 5 526 |16 65.85] 3 85 4 45.5515 00 [16 63 8 80 4 25.8515 05 |12 40 3 80 4 20 June 17... 4 ~ 85 [16 10.30) 3 65.75 4 80 5 10 [15801610 3 60..75! 4 60 ||l5 00 - [975..1610| 8 50 4 40 June 24... 5 10.20/13 95 3 55 Si 15 05.10/13 95 8 50 a 14 75..9¢:/10 00 3 50 in July: 1... tl’5 10 [13:95 3 45 cl 16 00 [13 95 3 45 -— 14 75 [10 €O 3 45 i July: 8 oo 16 835 [13 30 3 5 ia 515 [13 30 3 50 Aol 1425 |10 25 8 50 a July 15... 186 20 |1485.%15 3 70 Si 16 50 |1485..815| 3 70 a 14 75 |11 BO 8 70 SE July 22 >. 16 89..85/14 10 870.75 Ti 18 60..65/14 00 8 70.75) _ -_ '|15-75..96|11 50 370.750 0 __ suly 20.0... 17 75.9513 45.50, 8 45.50] ____ 17 70 |18 45.50] 3 45 50| ____ 16 95 [11 50 8 45.50] Aur: 50 775 [13 7h 3 40 fe 760 [1375 335 lie so --12 00 3.808 oT Aug 12 500 0 18 75 1370 3 95 SL. Jie: [13 50 3 95 ee. 18575 {13 00 3 80 an Aug. 19... 17 05.1 |1760 624) 3 u5..000 vee 17 01.10 |1360..62%4| 8 85 ge 18 00..10/18 80 3 85 Aug. 26... 17 50 [12 75.99; 3 95 40 17 50 [12 75.90! 8 95 je 16 85 - [12 80 8 95 ar Seve 2. =... 18 75 |11 55 60 8 80 iL 18 85 11 55.60 8 75 iol 16 05 |l1 55.60] 3 70 aia Sept. 9 17 20 |12 5) 4 05 cos ING 80- [12 80-4 60 ee AS01250 4-00 — Sepi. 16... 1715 [11 32% | 410 ceo iB 8G. [11 3912 4 10 eee 1378 11:82%-{ 430 oo sept. 23... 6 (0 [L150 4 60 eeee ||l6 00 [11 BO 4:55 ____ ||1s 80 --|11 50 4 reg Sept.C80..0.. 15 16 (11 50 3 90 155. 15 05 [11 40 3 85 ios oo --hl4ec bg.e0d dong Oct. 7... 189) (11 02% 14135 Ss 1660 [11 02%: |. 4 10 beat (6 55 |11 02% | 3 85 ie Oct 14. 17 00 [10 9) + 15.200 ___. 17 0) _ |10 90 4 10 a 17 00 {10 90 400.200 Oct. 21. 18 25 |l 20 425.800. 16 25 11 20 490800 T 16 25 [11 20 4.920.801 Oct. 28... 16 35 |11 35 4 10.20, ____ ||16 85 |11 35 410.20 ____ |18 8 |11 85 410.00 7 Nov. 4... 18 65.7511 60 4 65 158 16 65 [11 60 4 65 a 16 66 |11 60 4 65 a Nov. 11... || ND OND 4 20 A ND ND 4 20 5 Np --|ND.. ]4.9 a82 Nov. 18... 4 16 80 ND 4 25 LE 18 40 ND 4 25 So 16 80 --{ND_..| 4.95 Day “Nev: 25.40: 168 70 ND 4 39 a 18 70 ND 4 30 A 186 85 - | ND-._-].4 30 en Dee. Bo 18 46 ND 4 10 Vo Lo 45 ND 4 10 oo HIe 46 [ND 4 10 — Dec. 9 i} 16 25 ND 4 00 Sa 1825 | ND 4 (0 5 18 25 ND 3 90 PHI Dec. 16 18 20.85] ND 4 05 2d] 820.31 ND 4 05 goal 16 15.38 ND 4 05 Iie Yer 23. 18 3» ND 35024 feos 16 85 ND 3 90 = 16 385 ND 3 90 a Pee. 30.0 16 55 ND 4 05 ois 18 50 ND 4 05 . 18 50 ND 1.4.03 i Jan. Gab 17 40 VD 400.124]. 17 40 ~D 400.124) ____ 17:25 ND 100.128 | Jan: 13. 1820 |ND 4-00 + -- lI59) ND d00="—__ {i3% IND £00. | ot Jan. 20... 18 00 ND 4 10 en 18 00 ND 4 10 = 18 00 ND 4 00 3 Jan. 27 in. 18 05 ND 40.07% ____ 18 05 ND 400.024 ____ 1800 |ND- 400.023} :.00 Feb. 2... ND ND 435.0" 4 ND ND 405.074 ____ ND ND 46.074 Tol 10... 1675 |ND 120 5. Tlie70 ND 15.26 __. [1655 ND 410.200 Feb. 17... 6 25 ND 4 00 185 ND 460 < | .... 15 75 ND 4 00 Se Beh. 24... 17 09 ND 4 00.05 ___ 17 00 ND 4 00.05] _. 16 87%, | ND 100.05; Mar. 3.0.0... 18 00 ND 4 10 21. 18 00 ND 4 10 Li 18 00 ND 4 10 Ly Map. 10.5... 18 33 ND 4 00 oad 18 25 ND 40 Sra I78€0. I ND 4 00 ind Mar. 17. 17 50 4 25 4023 | __._: [17 50 4 25 4 024 Sil. 1650 | 425 | 4 02% aac Mar. 24.0. 17 50 3 60 4 02% a 17 50 3 50 4 0% a 16 10 3 50 4 02% SRR Mar. 31... 17 60 8 50 3 92% a 17 80 3 50 3 923 oily 16 26 | 3 50 3 90 aE

HIGH AND LOW FOR EACH YEAR ON ROSINS FROM 1918-19 TO 1921-22 E D B

C 2 > 7g = D 7 A ” ry f 1918-19 19'9-20 1923-21 1921-22 1918-13 1919-2) 1920-21 1921-22 1918-19 1919-20 1920-21 1921-22 | ut. Ww. © 1. #1, 94. 4d LL HW LL. #7 LL WL HW IL, H 1 HV 15.95.09 3317931) L733 nh PIR TIILILT.7A 8.50 £.75 3.3) 15.15 5.40 1R.75 10.25 14.25 8.50 4.75 3.30

28 SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE

Naval Stores Report for Months of Ap.il-May for Nine Years

RECEIPTS FOR THE MONTH OF MAY TURPENTINE ROSIN

r= re 1922 | 1921 | 1420 | 1919 | 1918 | 1917, 1916 1922 | 1921 | 1920 | 1919 | 1918 | 1917 | 1916 Savannah ____ 11,264] 10,758| 7,303 5,402| 4,127| 10,488|'11,696 ~36,271| 27,149] 20,590 | 13,123 | 14,563 | 29,322| 31,348 Jacksonville. 13.049| 10,544 | 11,280| 8,822| 8.547 16,26 18,561 41,879 22,273 | 85,115 26,834 | 24,602 41,536 | 40,462 Pensacola ___. 4.316] 4,466] 4,204 4,183] 2,025| 6,588) 8.458 11,869 8,871) 12,458 10,922| 6,231 18,063 | 25,133

28,659 | 25,768 | 22,767 | 18,407 | 14,699 | 83,690 | 38,715 93,019 | 58,293 | 68,163] 50,879 | 45,393 | 88,921 | 96,943 Receipts for April 1914 were: turpentine 47,297, rosin 121,095; 1915, turpentine 30,394, rosin 82,153

RECEIPTS OF SPIRITS OF TURPENTINE, APRIL-MAY 1922-23 1921-22 1920-21 1919-20 1918-19 1917-18 1916-17 1915-16 1914-15 Savannah oo... ii a 4 16,154 18,856 10,307 8,143 5,946 13,664 « 15,664 18,810 28,515 Jacksonvillen. ... o_o 20 19,108 15,533 15.372 12,179 12,232 24,549 26,952 12,981 25,618 Pensaeoln Ji. 2 lain oo 6,288 7,638 9,429 4,775 2,866 9,494 11,152 9,950 17,898

Potalgh = S00. 41,548 39,825 31,108 25,097 21,044 47,707 53,768 - 41,741 72,029 41,548 41,548 41,548 41,548 41,548 41,548 . 41,548 41,545

Dec. or Inc. for 1922-23 as compared with former years. 11,723 1 10,440 I 16,451 I 20,504 D 6,159 D 12,220 ‘D 193 D 30,481 Per cent. Dec. or Inc. ._____ I. 4.31 836.1 65.5 di. 97.4" ‘OD: 2.9 D 22.38 D005 D423

RECEIPTS OF ROSINS, APRIL-MAY 1922-23 1921-22 1920-21 1919-20 198-19 1917-18 1916-17 1915-16 1914-15 Savannah SL... 00 Jd. 55,075 40,329 27,506 17,078 22,118 40,586 43,120 61,752 81,350 Jacksonville ______aad 76,915 32,455 50,004 38,205 35,671 62 519 64,723 40,508 67,533 Pensacola 1... 00.0000 19,084 14,865 17,683 14,589 10,290 26,672 32,659 21 693 44,696

Totals: 5... 28. 23. 151,054 87,649 95,192 69,872 68,079 129,777 140,502 123,951 193,579 151,054 151,054 151,054 151,054 151,054 151,064 151,054 151,054

Dec. or Inc. for 1922-23 as compared with former years_ 163,405 155862 181,182 182975 121.277 110552 127,103 D 42,52 - Per cent. Dec. or Inc.” ____ 1 2c ser 1 1190.1 121.9 1 15.401 00.5 31 209 D.n9

STOCKS OF TURPENTINE MAY 31 ;

1922 1921 1920 1919 1918 1917 19.6 ‘1915 1914 Savannah 0b. aaa 1,672 9,312 1,672 7,634 22,457 12,234 11,021 93.670: 17.004 Jacksonville ©. =... ._. 1,904 21,214 2,960 14,282 53,093 33,191 26,313 18,202 - - 15,598 Pensacola 2... oid oe 1,025 7,892 1,542 25,261 36,690 25,403 15,902 10,264 -- _...-..

Stocks at London of 4,601 38,418 6,174 47,177 112,250 70,828 53,2386 48,138 33 932 American Turpentine ______6,841 8,235 15,708 2,414 11,323 37,579 25,229 31,633 27,264

Totals: =o. =lid 11,442 43,053 21,882 49,591 128,578 108,407 78,465 77,769 aE 11,442 11,442 11,442 11,442 11,442 11,442 Llddd a ab

Dec. or Inc. for 1922 ag compared with former years. D 31,611 D 10,440 D 388,149 D 100,808 D 96,965 D 67,028 D 66,327 ______

STOCKS OF ROSINS MAY 31

1922 1921 1920 1919 1918 1917 1916 1915 1914 Savannaly 800: aie 59,003 77,419 12,981 55,805 90,370 67,281 53,581 59,146 108,004 Jacksonville. ©: 138,684 177,495 89,911 122,447 154,179 146.874 130,990 66,101 98,856 Pensacola oo. ©... vo. 54,236 57,593 25,221 51,046 46,641 78,753 82,992 83,045 RB

Potalirsius: con cies 951,828 812,507 78,113 920,208 291,190 202,908 267,563 200.192 204860 251,823 251,823 251,823 251,823 251,823 251,823 OlNS23

Dec. or Inc. for 1922 as compared with other years__ D 60,684 1173,710 122525 D 89367 D 41,085 D 15,740 TI 42,631

SAVANNAH WEEKLY NAVAL STORES REVIEW . AND JOURNAL OF TRADE 29

| | Jacksonville : ® Florida, ° Naval Stores Market

| SPIRITS TURPENTINE

| DAY. Cs. oo en ett June 16 June 7 June 19 June 20 | June 21 June 22

Firm Steady Firm Strong | Strong Strong

$1.00 $1.03 $1.0514 ir 07.09% | : $1.14_18 $1.20_2815

231 oe 255 ba a £92 | Bales... oo 161 250 | Broce | 0 | | ow wee Fm , 582 | Br coipts 1921...... i.... | 439 | 638 571 | 508 281 529

| : | ROSINS

Dag. canst Loh i June 16 June 17 June 19 June 20 June 21 June 22

Tore. Sa A Hr : ea Pim an Yim x Te Pim—- oa Firm oe Firm seer Tira ps WW. sr 6 75.80 6 80.7 00 7:10 6 85 6 80 WEL saat Cs 6 30 6 30 6 50 6 o0 6 35_40 6 30 NGC ian 5 60 bi 70 5 70.90 5 75.600 5 65_70 5 70 NE ey 5 85 H 55 5 75 5 65.75 5 45.55 5 50 2] ama 5 = 5 35.40 5 40.60 5 45.60 5 35 5 40 Ee en sib 4w90 5 00 5 20 52415:25 5 05 5 00 a aR 4 KH 4 95.5 00 5 10.15 Bi1D 5 05 5 00 Br ea | 4:85 4 $2% 5 00 5 121 5 15 5 05 4 95 BE os oe a nen | 4 8 4 85.9.) 5 1) 510.15 4 90 4 90 BL des a us 4 75 4 80 4 90.5 00 4 9) 4 85 4 80 Bc he. 4 50 4 60 4 65.80 4 80 4 60 4 60 25 4 30 didn 50 4 50 het En 20 4 25 ns a ee 4 EE ER a Laem ere 1795 A GoM So aT 739 2685 any

Beceints 1921 0... 1388 1415 1439 1546 841 1435

HEADQUARTERS > FOR ROSIN OIL--250 varieties PINE TREE PRODUCTS PITCH NAVY. omits counts National Rosin 0il & Size Co. + TAR--rree From Sand ana water B a B lycannay dy, B rush, OFFICES PITCH-- DE 165 N. SST CLARK ST 7, : CHICAGO ORK | TAR OIL--GUM THUS SAVANNAH, GA. Pati ELIZABETH, N. J. i VENICE TURPENTINE

TAYLOR, LOWENSTEIN & CO. AGENCIES: CHICAGO, ILL. d E KE. H. Haines, 1604 Ashland Block. i CLEVELAND, O. Naval Stores Factors an : xporters J. C. Drouillard Co., 656 Kirby Bldg. : MILWAUKEE, WIS. MAIN OFFICE AND YARDS: Gregory & Riedel, 282 Lake St. MOBILE, ALABAMA _ PITTSBURGH, PA. E. E. Zimmermann, Bessemer Bldg. o DETROIT, MICH. WE ALSO RECEIVE SHIPMENTS AT PENSACOLA, FLA. Detroit Oil & N. 8. Co., Book Bldg. KANSAS CITY, MO. Branch Office: 605 Gerke Bldg., Cincinnati, Ohio, M. J. Daly, Mgr. Jno. T. Kennedy Sales Co.

30 SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE

SAVANNAH, GA., NAVAL STORES MARKET FROM OFFICIAL REPORTS OF SAVANNAH BOARD OF TRADE, WEEK ENDING June 24, 1922. SPIRITS OF TURPENTINE

Bay... Monday Tuesday Wednesday | Thursday Friday Saturday Firm Steady Tone woes Firm Firm Firm Firm

$1.3014 $1.40 $1.33 Price... neon $1.05) $1.09 818 1A 200 SaleSt sb ih 189 202 : 179 152

405 497 595 650 994 Recelpts conic 428

666 429 569 571 Receipts 1921 702 731

ROSINS

Friday Saturday Day i... isis Monday Tuesday ~ Wednesday | Thursday Steady Steady Bene... ies Firm Firm Firm Firm

WW... 6 80 6 85.90 6 75 6 80 6 £0 6 70 30 6 30 40 6 85 6 50 6 WG... 6 40 6 Neo i 5 70.75 5 70.75 5 65 5 70 5 70 5 70 Ne 5 50.55 5 Hb 5 45 5 5) 5 50 5 50 x. ne 5 40 5 40 b 35 5 40 5 40 5 80 Ei 5 10 5 10 5 05 5 00 5 00 4 900 Be 5 05 5 05 5 05 5 00 5 00 4h: GC 5 00 5 00 5 05 4 95 4 95 4 75.0, it inapaseabiosiivhs 4 9 5 00 4 90 4 90 4 90 476 |, E 4 85.90 4 90 4 99 4 80 4 80 4.05.7 DE er 4 65.70 4 65.70 4 60 4 60 4 60 4 60 4925 4 30 Be 4 85.45 4 3545 4 20 4 25 947 a 1110 Safest ©. oil 421 782 248 854 Receipts .c.ioiccinirirvrens 832 : 2391 1001 aes 1303

Receipts 1921...... 1250 2110 1497 1219 1853 1276

Continued from page 3 reached and maintained. Rosin’s day is coming—but for the time being con- supply crises and even higher price sumers will continue to enjoy mod- TReBrilionT. &S. P. Day Co. levels before the season closes. Stocks erate priced goods, for existing values are not accumulating and cannot do so are certainly to be put in under that with foreign demands to be met in the heading. Yesterday the large dealers CLEVELAND, O. next thirty days. The S. S. New all absented themselves from the York City will take off a part market. HEADQUARTERS OF THE NORTH FOR of turpentine in the first week of July, for London, and the Fluorspar will Mr. Douglass D. Peabody, well NAVAL STORES have a part cargo later in the month known to the naval stores trade gen- —and the hustling now is to provide erally, was in Savannah Thursday en Turpentine, Pine Tar, Rosins for the former shipments. route from New Orleans to New York ’ Domestic demand is expected to be on a tour of business observation. Mr. Rosin Oils and other checked by the rapid advances but Peabody is now associated with Mr. the needs of the home consumers are Greenlee, formerly of the Columbia, Pine Tree Products such that any reactions in quotations in the Peabody-Greenlee Co., Whitney will bring them in again. Bldg., New Orleans. Speaking of con- OFFERS SOLICITED

ditions in the Southwest, Mr. Pea- |

Rosins seem to have weakened a body stated that the receipts there bit, demand apparently lessening at showed an unmistakable falling off | home and abroad temporarily, but and that there is a scramble for tur- | Batting Dross the situation of the commodity is pentine to meet the mid-western re-| Our buyers try to visit each of the healthful and the fluctuations have quirements and export purposes. He operators personally. If they miss vou not affected values much. The num- could see no likely change in this sit-| a letter will bring the best prices and ber of bidders has been less than with uation for the near future. As to] buyer if ‘desired. : turpentine, and the market closed with rosins, Mr. Peabody stated that pales] We settle promptly for all purchases, the undertone running somewhat in that section command a substantial | either weaker. Attention is centered for the premium over the Savannah market. IN CASH OR SIGHT DRAFT time being on spirits. Rosin receipts Higher prices are expected for rosins, Full Gross Weights References Everywhere still continue to show the effects of and more especially for the pale LARGEST BUYERS AND CONVERTERS OF the influx of last year’s held back grades. The. general situation for | ROSIN DROSS IN THE UNITED STATES stuff in the and to this is prob- naval stores Mr. Peabody regarded as | JACKSONVILLE ROSIN CO. ably mainly to be attributed the fact strong, as demand shows every sign Jack onville, Fla. that higher prices have not been of increasing. | P. O. Box 860 Telephone 173

Serena TRC ee SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE 31

Consolidated Naval Stores Company

Jacksonville, Florida

Branches: SAVANNAH, GA., AND PENSACOLA, FLA.

Naval Stores Factors

OFFICERS:

W. F. COACHMAN, Chairman of the Board W. J. Kelly, President R. L. Ivey, J. R. Powell, C. L. Gaines, S. A. Alford, A. Sessoms, Vice-Presidents E. G. Trenholm, Secretary Lee Taylor, Treasurer :

The Consolidated Naval Stores Company does not buy turpentine or rosin, but handles all consignments of naval stores for account of the shipper. Its interests are identical with those of the producers.

THE PATRONAGE OF TURPENTINE OPERATORS, WITH LARGE OR SMALL LOCATIONS, HAVING DESIRABLE ACCOUNTS, EARNESTLY SOLICITED.

CONSIGNMENTS OF NAVAL STORES RECEIVED AT THE PORTS OF JACKSONVILLE, FLA. PENSACOLA, FLA, AND SAVANNAH, GA.

C. DOWNING, CHAIRMAN BoARD oF DIRECTORS J. C. NASH C. W DILL A. FENDIG H. H. BRUEN President Vice-President Vice-President Secretary-Treasurer

Columbia Naval Stores Company OF DELAWARE Savannah, Georgia

Exporters and Dealers in

Rosin--Turpentine

AGENCIES IN PRINCIPAL CITIES OF EUROPE

SOLE DISTRIBUTORS FOR Georgia Rosin Products Company (PURE PINE PRODUCTS) ROSIN OILS, PITCHES, SPECIALTIES

Cable Address: COLUMBIA, Savannah, Ga.