The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1906-03-30
TuRPENTINE AND RosIN MAR
KET.
Spirits Keep in Good Shape With
Satisfactory Outlook.

Satisfactory Outlook.
1t was a fortunate thing that the
blizzard in the north and west some
days ago checked up trade temporar-
lily, and brought lessening of do
nestle inquiries. for turpentine. But
for that the supplies coming in would
have been inadequate to meet the re-
quirements and prices would have
been unduly advanced As ii was
prices were kept firm at SO II cents,
until yesterday, the total receipts be-
ing but GIL casks, of which 121 came
from Jacksonville. 1t is generally
felt that this is much better for the
trade generally than TO have had
sudden squirt brought about by an
unusually good demand from con-
sumers at a time when receipts were
running small and supplies altogether
getting Low. The demand has been
checked only temporarily. Every re-
port from the great manufacturing
centers of the country shows that
there will be an unusually strong and
continued call for spirits turpentine
this spring and summer There is
not the slightest sign of a let UP in
the wonderful prosperity of the Unit
ed States, and the industries using
turpentine are enjoying the full
swing of the tide. No spring has
opened up with brighter prospects
than the present one.
Resins.
The weakness in resins referred to
in our last issue, caused by a Stacking
up in demand resulting from the long
continuous high prices, and the fact
that consumers had pretty we'll stock
ed for their needs, continued this
week in a more pronounced manner,
bringing net declines of twenty cents
on waterwhite, fifteen on window
glass and n, ten on NJ. sixty on K,
twenty on /, five on H, twenty-five on
G.. twenty on F and below. There was
total decline of twenty-five on G and
below but yesterday brought a recov-
cry of five cents on this. The con-
siderable declines referred had the
effect of stimulating demand again,
orders began to come in. and four
buyers We're reported in the market
decidedly better and undertone and
presaging a probably recovery of some
more of the recent losses. Receipts
Of resins continue very moderate, but
1920 at Savannah for the week, the
sales being 5,0S9 barrels, of which rs
were pales. 169 mediums, and 4,752
H and below. The exceedingly small
proportion of pales indicates no early
movement of the crop. Present val
ues continue very much higher than
in former years and the general expec-
tatiOn is for a very satisfactory range
Of values throughout the year. The
great fear of the producers now is not
that values will be poor but that they
will have so much difficulty in hold
ing labor and securing an adequate
supply of it that their operations will
be materially interferred with, their
output diminished and their profits
sadly reduced as a result. A decided
falling Off in a mans output of naval
stores because of inadequate labor is
not offset by any means through pre-
vailing good prices. the expenses of
the industry being such that much
/ higher prices than in former years
are required even with normal labor
conditions to permit the producers to
keep a good balance on the right side
Of the ledger.
This Saturday a. m, spirits post
ed firmly at 50 cents, receipts 90
casks. sales II. offerings are very
small. altogether probably less than
a hundred casks.
Resins firm at an advance of five
cents on H and G. Receipts 719, sales
3S0-Savannah Naval Stores Review
ending Saturday, March "a.
For Tax Assessor.