The Montgomery advertiser., 1902-07-04
Naval Stores.

SAVANNAH, July 3.--(SpeciaI.)-The opera tions of the Standard oil Company with naval stores exporters In the Savannah market has caused discussion among the trade as to the probable trend of the companys business in this direction. What the ultimate result will
 be is matter that concerns factors and operators alike.
 MT. J. P. Williams. president of the J P.
 Williams Company of Savannah. stated that any other corporation, no difference how
 strongly backed, would ever get control of
 are obstacles too difficult to surmount. and
 that in the absence of complete control an
 individual factor would not exert an impor- ''The man whose eyes should be opened to
 the operations of the Standard Oil Company Is
 the operator in the country; who sells. sells hi his
 ''Disposing of supplies in this way is not only
 loss to factors at the port but 1t is greater loss to the operator for the reason that every
 barrel sold to that extent lowers the Savannah market. which is the basis on which the con- pany buys. Every barrel sold in the country from the competitive market bidding that would result in materially higher prices. It is
 my belief that when the operators nave @ then aging ther1selces by protecting a large and influential buyer from entering the compett- factors at the port and cease selling this way The Standard oil Company naturally does not
 desire to buy in this market for the reason stills. And If they are forced to pay higheI than the official prices at Savannah 1t Is not reported here, and consequently the market is not benefited"
 The point Mir. Williams makes in naval stores trading is analogous to that made by the legitimate cotton commission firms at New York and New Orleans, who claim that the cotton farmer depresses the price of his pro- duct when he buys through bucket shop be- ket loses the benefit of the increased demand which is the only basis of a rise The enect of the demand in trading off the exchange is anti in the absence Of any record Ot The operations of the Standard becoming better known to the rank and file of the coun- try trade It is well known that 1t operates a system of tank cars. which move about from
 station to station are , ana nmt tntn them These cars then go to the West and elsewhere to supply the domestic demandC which the Standard controls in that section on rivers the Standard Is establishing steamboat lines in order to collect the turpentine wher-
 ever it may be found. Much is carried into into Bainbridge and there loaded into tank cars for shipment to consumers.
 The Standard spared some of its stun to no cause for alarm however, everybody was assured that '1t only a surplus above domestic demands it was found could be sold
 share the opinion of Mir. Williams. however, that control of the pine forest cannot be ac-
 quired. because the company does not .- aa, a. will awake to the fact that selling outside
 the official market, and basng prices to be
 paid upon their market. is unproitaoie.
 SAVANNAH, July 3.-Turpentne-Firm at
 44a: receipts, I,274; sales. i,6s6; exports,
 ''R 'RRosin-Eirm; receipts. s2s2; sles. 2o5o;
 exports 3. e3s; A: 3. z, ?, E: sl 25; si B
 S3 o5; N. S3 4s: window glass, 53.45. water
 white. $3.6o
 CHARLESTON, July 3.-Turpentne and
 rosin-U ach1nged
 WILMINGTON. July 3.-Spirits turpentine- Nothing doing; receipts, 97.
 Rosin.steady at sl.Io@ii5: receipts 224.