The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-02-24
MINIMUM PRICE
FOR NAVAL STORES
LETTER TO FACTORS.
TURPENTINE OPERATORS AssOCIA-
TON HAS ADOPTED NEW PLAN.

Committee from Jacksonville Wis
tied Savannah to Enlist sympathy
of Factors in the MOvement-LOcal
Men Express Their Views as t.
the Proposition which Is Pri.
marIIy to Protect the Operators
Against Amy Combine of the Eek.
porters.
THE combination of turpentine ope-
rators, as set forth in the Jacksonville
manifesto. means that the producers
/ are in the saddle and have taken steps
to protect themselves against the ma
nipulations and combines of the ex-
porters,' said a prominent turpentine
man yesterday.
While the plan has not yet been
perfected, If the idea of the Executive
Committee of the Turpentine Operators
Association is carried out, there will be
no forcing of the price of spirits and
rosins down below a figure that will
not bring the producer a profit. 1t was
in order to bring about this result that
]. A. Hollaman visited Savannah re-
Gently, and submitted to the factors
AINNNA NiilSh Will DiOlGCL luIDtHIlnG
from reaching a lower figure than 80
cents"
Tine OperatOrs' Letter.
The letter referred to is by the opera
tors to the factors and is as follows:
During 1904 you will please not sell
airy Of our product at less than the fol-
lowing prices:
Spirits turpentine, 50 cents a gallon.
Resins A, y, c, d, 81; e, $2.1O; f, SEQ;
G, $2.25; Fl, s2.s5; l, $3.50; K. $2.75; NJ,
$500; VIC. $5.S5: WV. $3.50"
In addition to the above letter has
been addressed to all factors doing
business in Savannah, in which 1t Is
said:
I'm order to insure these prices for
our members we have arranged with
the Operators Tank and Warehouse
Company, and through that company
with the National Tank and Export
Company, whereby all receipts on the
Savannah market that are not taken
promptly at or above the prices named,
are to be purchased from the factors
Company, at the minimum prices
named.
I'VE believe that you are friendly to
the operator and his interests, as rep
resented by this association. and we
therefore request that you write us,
as per form inclosed, assuring us that
you will not make any sales during the
season below the prices named, and will
not make any sales on private terms,
or otherwise, that will defeat our object
in occurring the best possible prices
throughout the season. and that we
rnay expect your hearty cooperation In
all matters looking to the general well
fare of the industry"
Producers in the Saddle.
This move means that the produce
ers control the situation" said Mr..
John r. Young. 1.-The Tank Com
pany stands as 1t always has for the
operator, and we Will do everything
to protect their interest. / think the
present move Is one in the right di-
rectiOn, and is calculated to do much
good"
Another well known naval stores
man said: II think this proposition
will work more harm than good, as it
will expose our hand, so to speak, who
well snow our minimum price, and
may perhaps refuse to pay the higher
price asked by factors"
Mr. Robert Powell Of the Consoli-
dated Naval Stores Company said: Il
have no comment to make concerning
the proposition"
IAN II amounts TO is a bid for the
market" said another. "and can work
no possible harm. Indeed. II affords
protection that the operator has not
hitherto enjoyed, and the minimum set
Is most conservative"
As yet but few Savannah factors
have signed the petition, but II Is the
general Impression th9t most. II not
all. viii do so IN the very near future