NAVAL STORES REVIEW 3 AND JOURNAL OF TRADE oA Weekly Paper for Naval Stores Producers, Factors, Exporters, Dealers, and Manufacturers of Soaps, Varnishes, Paper, Printing Inks, Fic. VOL. XXVII, No. 4. SAVANNAH, GA., Saturday, April 28, 1917. Price, $5.00 Per Annum a J. A. G. CARSON, President. A J. D. WEED & CO. H.L.KAYTON, Ist Vice-President. J. A. C. CARSON, Jr., 2nd Vice-President Savannah, Georgia, W. L.McDOWBLL,3d Vice-President H.F. B.SCHUSTER,Secretery W. A. CHRISTIAN, Treasurer. : Ww h ole Sa le Hardware . ” Railroad Spikes. % Carson Naval Stores: Company - == ats - = Bar Band and Hoop Iron, oa J = Turpentine Tools, Ete. - Bs. LB Ee ...Factors and Wholesale Grocers... a A ES ORGANIZED IN 1879. OLDEST HOUSE IN THE BUSINESS. Joos LE, is “2 Principal Office, SAVANNAH, GEORGIA, Sm | = 3 National Bank Building. LZ rm |. rege RO . Branch Office, JACKSONVILLE, FLORIDA, > E = |i; amare eile Atlantic National Bank Building. < = = |B : ass = > EZ =| 5 With an organization unsurpassed and ample means at our ~ = G2 pp ge command, our facilities tor, handling your business are pi = CD S second to none. ra 3 b miss «... WE INVITE YOUR CORRESPONDENCE.... Zone wE = |i ” \. J E I= xf — & = |i; = ofeefeefrofesfecfocioctrcirefrafrafesfecfofocieciocionte sfeefeafrofreels : OF =|: To x > ot CHESNUTT & O'NEILL, dfs ITVSITOHM Tm 2 NN Se NAVAL STORES FACTORS, wEdls III EC (Er = = = | NM SUPPLIES, mm [rl [== ee odode NE Rad Ship your naval stores to us at cD Savannah,the Leading Market of the dsp Os & |i. sfo World, and thus aid in keeping up S43004dD Competition and maintaining High = = i: Prices. dof Q =D x = = gE ¥ ofrofesiesfrefrofrefrefecieririecferfeni Send Us Your Orders at Savannah, Georgia. ND =< Ripdededededopdodedododeds dededededfedfededods dod Hidde ES ; WILLIAM GARRARD, President H. JENSEN, Vice-President and General Manager London-davannah Naval Stores Go. EXPORTERS OF AND DEALERS IN ROSIN AND “TURPENTINE = EY Re ah TTT ry — Prices cheerfully made delivered at any point in the United States or Canada, or c.i.f. any port in the world Head Office: SAVANNAH. GA. Branches: PENSACOLA, FLA, NEW ORLEANS, LA. NEW YORK OFFICE: I17 BATTERY PLACE 180 NORTH DEARBORN ST., CHICAGO, ILL. WESTERN SALES OFFICES wi TWENTY-NINTH AVE., SOUTH, MINNEAPOLIS, MINN. Codes: Al, A B C, 4th and 5th Editions; Western Union-Universal Edition; Hamilton’s Code Condenser; Private Codes. Cable Address: “Lonsavan’ Savannah EREHEIE INH F SF HIIICIICIIII LINED BCS SCE I SS A I SOI EE SCE I IS SCI I I SCI I I I III III I III HII HI HAH HHH EE KY 0. 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. R. G KIRKLAND, Nichols, Ga. 0. T. McINTOSH, Savannah, Ga. : SOUTHERN STATES NAVAL STORES CO. SAVANNAH, GEORGIA FACTORS AND COMMISSION MERCHANTS 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 Bx NII SN AN IVS HA A AI I A A A II AA SORA I I IONE PIO SOR SAAN SF ROR BE SEH 5 A SR UR Ke. | | SAVANNAH WEEKLY NAVAL STORES REVIEW AND JOURNAL OF TRADE 3 until six to seven weeks after the close | Savannah Naval Stores Market of a month it will be some time before New Orleans Naval Stores Market | any real insight is had into the move- PEGG OPO COS PPPIOE OEE OG 8H ENO PE ment across the Atlantic since this Office of NEW ORLEANS, LA., Apr. 25, 1917 WEEKLY NAVAL STORES REVIEW country entered the war. Dealers, however, do not claim that thereis any Savannah, Ga., Apr. 28, 1917 The rosin situation in this territory movement to speak of, what is going during the past week has shown some Reported Sales of Rosins at Three consisting of comparatively small lots. improvement. Large purchases in the iain Primary Markets for Week The market situation may be consider- Pensacola market have tended to give Ending Thursday Night ed one of uncertainty, with a possibility the situation a .irmer tone, which has (zrade Savannah Jacksonville Pensacola of further advances in values if the also been helped by the advances in WW... 169 431 o4 receipts should show any inelination to the Atlantic Coast markets. The de- WG........ 148 131 16 shrink or fall below last year continu- mand has been good, and consumers Nii 89 iY 1:3 ously. In this connection the labor are generally displaying a disposition situation takes on a new and very vital Ee — 39 169 408 to take on supplies at present values. Ia. 148 239 330 importance and more attention is cen- The season, so far, due to cool weath- Sa 1i2 897 892 tered on it: than on any other phase er throughout the Gulf, is a little late Hoo 295 459 oU/( affecting the industry just now. Re- as compared to last year, consequently Cn 280 3U3 1,213 ports as to the labor conditions are very the carried over stocks on hand are 4 204 220 54 unsatisfactory and there is a growing being eaten into. The temperatures in BL 147 21 456 fear that as the season advances a the producing territories are now back AF anh 82 v3 1o/ shortage in the supply of turpentine to normal and it is expected that Br. 201( 140 470 workers will become apparent that will there will be plentiful receipts within have a very appreciable effect on pro- the next two or three weeks. duction. As the Review Las previous- Totals 2,042 2,923 4,816 There are still some complaints from ly advised, the sentiment up to the last the producers of difficulty in security two or three weeks, was that the crop labor, and this feature will undoubted- RECEIPTS OF TURPENTINE for 1917 would probably run ten per APRIL 1-APR. 26 ly prove a factor in determining the cent. or more above the crop for 1916. size of the crop. 1917 1916 Even cautious factors were inclined to The most adverse condition in the Savannah o.oo. 2,360 2,960 accept this estimate and dealers were situation at this time is the lack of Jacksonville .... .... 5,859 6,003 apparently basing their calculations transportation facilities. = The car Pensacola.................... 1,960 1,837 for the season on such an output. Then shortage throughout this territory is the labor difficulties began to show up still acute and there are no indications 10,179 11,450 and a sealing down of estimates follow- of any immediate improvement, but on RECEIPTS OF ROSINS ed until now the tendency is more the other hand it is believed in some APRIL 1-APR. 26 toward a erop no larger, or somewhat quarters that when heavy Government smaller, than last season. Labor has orders begin to move, cars will be more 1917 1916 been drawn from the South very heavi- Savannah -.-.... ...... 8,947 9,400 difficult to obtain thar at present. ly the past year or more. There was a Coastwise space to New York is Jacksonville. ............ 19,832 20,209 surplus here at the beginning of the Pensacola.-....-......... 7,092 5,948 almost unobtainable at the present movement and some emigration could time and it is rumored that the Gov- be stood without any appreciable effect 31,871 39,557 ernment is contemplating taking over except an upward trend in wages. But some of the coastwise steamers, which STOCKS CLOSE APR. 26 it has been evident for some time that will no doubt make space to the East Turps Rosins the heavy drafts on the labor supply unobtainable. Savannah... ..... 8,193 92,6406 were telling, that the labor situation Turpentine, like rosin, has been more Jacksonville.. ... 28,459 140,480 was rapidly approaching the serious. in demand, and the market for this Pensacola... cue. 22,840 31,049 The supply now is inadequate in many article is at present firm. 2s sections, barely adequate in others, The foreign freight situation during 59,552 314,075 and every able-bodied negro going the past week showed some improve- Apr. 261916 .......... 43,053 291,095 north or west brings the labor supply ment, and space is obtainable to U. K. March 31 1917 ...... 66,026 853,507 below the actual demand and forces a ports. Rates eased off during the week, shortage in production somewhere, on but at the moment seem to be firmer, Turpentine advanced to 48; cenis the turpentine farm, the cotton farm, and there are no indications of any this week, with sharp competition for at the sawmills, or in the industrial further decline. In steamship circles the meager supplies until today when plants. The turpentine farm may not the easier freights are said to be due to bids were lowered and the offerings have suffered as much as some other the slackening of the cotton movement, taken up at 4714 cents. April is always lines, but it is now beginning to feel and the consequent available space on a month of minor offerings, but this the drain and from all directions come spot vessels. It is the general opinion year, as will be seen from the compara- reports of an insufficiency of hands to that as soon as these spot vessels are tive statement, the receipts are running carry on operations on the projected out of the way, the freight market will even less than last year, due to the un- scale.