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Naval Stores Review and Journal of Trade a NAVAL STORES REVIEW AND JOURNAL OF TRADE cA Weekly Paper for Naval Stores Producers, Factors, Exporters, Dealers, and Manufacturers of Soaps, Varnishes, Paper, Printing Inks, Bic. A VOL. XXVIII, No. 16. SAVANNAH, GA., Saturday, July 20, 1918. Price, $5.00 Per Annum REE EEE EE EE EEE EEE EE EEE EEE EEE EEE EERE IEE S J. A. G. CARSON, President. H.L.KAYTON, Ist Vice-President. J. A. GC. CARSON, Jr., 2nd Vice-President J. D. WEED & GO. W. A. CHRISTIAN, Secretary P. J. THEOBALT, Treasurer. Savannah, (Georgia Wholesale Carson Naval Stores Compan Hardware | Organized in 1879. Oldest House in the Business Railroad Spikes FACTORS Bar Band and Hoop Iron Turpentine Tools, Etc. WHOLESALE GROCERS ¥ TT PRINCIPAL OFFICE BRANCH OFFICE °'V SAVANNAH, GEORGIA | JACKSONVILLE, FLORIDA Ns’ Nv National Bank Building Atlantic National Bank Building 1uepisead dEAVAIVH With an organization unsurpassed and ample means at our command, our facilities for handling your ‘39140 business are second to none TTVAVN SININNA( «ee WE INVITE YOUR CORRESPONDENCE.... °F ‘J =00TA VIOOYSNId SOIT gNESAd YH 1UOP XIN TVAYN ITVYSITOHM CHESNUTT & O’NEILL 'V'H HINYYE NAVAL STORES FACTORS S34HOLlS SAVANNAH, GA. A Word to Producers: 301440 We do strictly an independent S3d0LS ‘NOLEN business on our own capital and never JUOPISOIJ-0OTA borrow any money on receipts of Naval MIN + Stores, or customers’ notes; therefore, in dealing with us you are not only assured of what you arrange for, but SHIOOHD any amount to your credit is always WH safe and payable on demand. £18B)0I00E B CORRESPOND WITH US ‘SNVITHO "V1 ‘HIINS ANYAINOD SH4010Vd4d ISINSBOIT, 2 SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE en PENINSULAR NAVAL STORES COMPANY J. F. SPETH, NAVAL STORES FACTORS Vico romaont WHOLESALE GROCERS Y t 8. H. Bs ns AND DEALERS IN TURPENTINE OPERATORS SUPPLIES OF EVERY DESCRIPTION $ y ; RECEIVING POINTS: $ S Tram JACKSONVILLE, FLA. AND SAVANNAH, GA. f ( CAPITAL : CORRESPONDENCE SOLICITED > i $1, 000, 000.00 : Offices: Atiantic National Bank Building, JACKSONVILLE, FLA, C American National Bank Building, TAMPA, FLA. 8 T A A CK SACK IIIA IIIIIIIII EIN DH IH NH OH IIH HHH HAS € 1 { O. T.McINTOSH, President D.T. FURSE, Vice-President i — DIRECTORS —— I HowARD ASHBURN, Moultrie, Ga. N. EMANUEL, Brunswick, Ga. W. R. Bowen, Fitzgerald, Ga 2 D. T. FURSE, Savannah, Ga. Ji. DORMINY, Broxton, Ca. R. G KIRKLAND, Nichols, Ga. £ ; 0. T. MCINTOSH, Savannah, t t t ] € SOUTHERN STATES NAVAL STORES CO. 1 ( i SAVANNAH, GEORGIA $ | ] f FAGTORS AND COMMISSION MERCHANTS L { 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 IRIE 8 A A EEE 38 3 EEE 3 E3838 REE ERR %8S FOR SANPLES AND PRICES COMMISSARY .» CHECKS WRITE TO THE WEEKLY NAVAL STORES REVIEW POST OFFICE BOX 948 SAVANNAH, GA. SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE 3 Savannah Naval Stores Market MOVEMENT OF NAVAL STORES FOR FOUR YEARS : RECEIPTS OF TURPENTINE APRIL 1-JULY 18 Office of ; 1918 1917 1916 1915 WEEKLY NAVAL STORES REVIEW | Savannah ea ee cee ceva 16,816 85,799 88,287 43,850 Savannah, Ga., July 20, 1918 Jacksonville 32. n0 29,154 64,369 58,077 36,470 i . | Pensacola 8,648 24,125 24,457 24,179 The runaway market on rosins is i now a thing of past history, and for 54,618 114,293 120.821 103.499 the time being, at Jeast. that commodi- | pagrease for 1918 compared with : ? ty seems to be in a fairly stablized former years... o...c... ners 59,675 66,203 48,881 state, offering consumers, large and | per cent. decrease... ....... Shes 52 5414 47 small, opportunity to secure supplies 0 from day to day on a fairly level basis. RECEIPTS OF ROSINS APRIL 1-JULY 18 Conditions which need no furtherstress- 1918 1917 1916 1915 ing practically preclude the possibility | §avannah oo rem 96,311 102,401 107,364 127,261 of BY Dice Movemens on Javer of con Jacksonville. LLL dato... 87,905 142,311 143,161 98,339 t Pensacola... Tu a 26,55 5 3 rosins, or who have needs that will a fan i 63,811 B%,507 eventually kets, will do bring well to them take into advantage the mar- of | Decrease for 1918 comprized Bid 170,766 0 7 308,707 319,166 1 284,107 : the opportunity the next thirty to sixty former years ........ 5 137,941 148,400 118,841 days may offer to meet their require- | per cent. decrease ............... 44 46 40 ments. The dangers of decreasing labor as the season progresses bringing a TURPENTINE STOCKS CLOSE JULY 18 greater decrease in current receipts is too probable and too prominent a factor | gu vannah... oo She a Bn Lote Js fobs distopnvded. Pricts havent gone FR eRhmviile | oats hi 54,731 42,492 30,981 18,550 as high as many expected anc e fac neola.. Sad al pe 34 41 ¢ ? that they are holding steadily, with a Pensaeold rosy typi oe 31,418 £5,900 1950 15,587 promise of continuing so, on the pres- : ent basis, should encourage consumers N15. 181,864 2 58,342 to buy and not run the chance of being ROSIN STOCKS CLOSE JULY 18 caught on any upward movement later if the market meets with a further Savannah Js Jou 1980s os shock of : daily : offerings so curtailed Jacksonville |, ie. wi. or RR viii. HTT 165,628 gH 161,916 ; 120,358 0 ese 75,441 ot beyond even the present limited ex-\ pojciooyy TTT 41,381 81,497 71,029 ic 93.902 peetations.. Fvery American manu-{ 5 Carman ran imma a 3 2 ? ? facturer knows how labor 18 being 983 280 3920 104 253 899 : 9983 071 diminished in every section and good common sense undoubtedly dictates a policy of laying in a reasonable supply of raw commodities such as naval stores NAVAL STORES FOREIGN SHIPMENTS SIX NAVAL STORES YEARS while they are to be had at very reason- een eee able prices considering the cost of pro- Exports From The United States of Rosins In Barrels of 500 Ibs. duction. Turpentine is suffering from a tem- Mon th 1918-19. 1917-18 1915-17. 1915-16 © 1914-15 1913-14 porary sluggishness in demand. and APT 33,155 91,988 80,268 85,905 83,179 146,929 the influence of large visible stocks, as May. common 40,087 75,191 84,344 © 102392. 102,389 134181 well as from the persistent competition of substitutes that are offered in every 73,192 167,179 164612 188,797 185568. 201,103 market and at prices that draw busi- ness despite their inferior merits as Exports From United States of Spirits of Turpentine compared with pure gun turpentine. For the time being the article seems to In Casks of 50 Gallons be destined to be gathered in by deal- Month 1918-19 1917-18 1916-17 191516 1914-15 1918-14 ers at or below 60 cents. April Ji... 4,230 5,455 10,576 13,627 12,923 17,608 me mn. nace MAY ii 8,403 7,699 11,725 11,895 32,525 27,859 3 It looks as though the poor naval stores industry is not, after all, to be 12,633 18,154 22,300 25,522 45,448 45,467 let alone. Further labor disturbances are threatened in the fall, if one is to in his own state, as the naval stores modities and that they are destined to Judge from remarks attributed to Labor industry is in Mississippi, it is evident enjoy a rise somewhat resembling that Commissioner Cliff Williams ‘at a re- from this talk that he is not particularly which shocked consumers when it cent meeting of Mississippi cotton seed well informed as to the work done on came in the rosin market. Speaking oil manufacturers. At this meeting the farms after September. The sooner of the outlook a local dealer stated this Mr. Williams is understood to have he iz advised the better for the indus- week that while ‘‘the deficiency in promised. ‘the manufacturers that he try. If he carries out his present plan supplies is not yet pinching the con- would see that enough labor was taken not only will there be a further serious sumers as it promises to do, the outlook from the turpentine farms in October cut in the rosin production but the indicates that by fall a noticeable to operate all the cotton seed oil mills, farms will be left unraked and unpro- shortage in tar, ete. will be in that he regarded the oil industry at tected from fires and some serious con- evidence and that the 27 cents a gallon b that time as of paramount importance, flagrations would be inevitable. for prime quality tar, f.0.b. Savannah, > that the operations. on the turpentine now the ruling quotation, will look x farms were then practically over and decidedly cheap before the year closes. X the labor could be taken away and Large dealers in tar and kindred pro- Both old style and retort tar will be cut returned in the late winter or early ducts who are keeping a close eye on down in production,’ said he “by the Spring when needed. While it is in- the situation as to them are of the same causes, labor trouble and diffi- conceivable that Mr.
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