The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1906-08-03
conpITloN OF THE
TURPENTINE MARKET.


oovn come spirits, despite the
80 receipts come in pretty well
80 the demand does not seem ade-
..te 10 hold values up. The prop
~, Kept values to 81 IA cents for
-s time, and then at 81 cents,
go 10 have been withdrawn this
q for a further little drop and
~ cents, the lowest price so far
g. season, was the result. Even at
", the buyers did not seem falling
I, each other for supplies and the
ut was not in the buoyant state
-, one DESTROYS of higher values
.,,ld ike to see it in. While the
,,on was not great, only a quarter
.rt II indicated to the consuming
IA al large that all was not well
IN spirits turpentine, and naturally
,,dsces a further holding off on its
,..rt as to laying in supplies. Buyers
,hsse days are pretty close students
~ market fluctuations, and the gen.
sr.l trend Of turpentine for some
time past has apparently been such
v - lead them to believe they had
noIhing to gain by being in a hurry
70 buy supplies for future wants.
american consumers have been buy
me right along to meet their wants,
although probably not stocking up
mocb ahead, but the European buyers
ami seem to have been at all anx-
;ous inouirers for stuff for consid-
erable time past. The situation ac-
cordingly does not seem to have any
decided strength, nothing to buoy the
hone that a change will come soon
For the better To the contrary, the
tendency seems the other way just
now. and at the daily calls at the
board Of trade buyers seemed in
cIIned to stand for steady" or "qui-
al" market rather than for the firm"
tone that the factors claim repre-
sents conditions. Producers are doubt
less quite blue over the state of the
tupentine market, a feeling that is
only partly relieved by the rosin sit
nation, as there are still weeks and
weeks Of large receipts ahead for
spirits when producers will be get
ting returns considerably below what
they expected for this period of the
\ year. The outlook for the late sum-
per and early fall does not seem at
n brilliant from their standpoint,
-nd the only hope they can appar-
ntly entertain is that the fine prices
NJ resins have been bringing will
continue right along, to Offset, in a
measure, the disappointments on the
other side of the market.
The receipts at Savannah and Jack
nnville for the week were 1923
nsks The sales probably took up all
Y this At this time there are doubt
kss approaching 10000 casks of tur-
pentine being marketed every week.
had been expected by producers
that this would bring at least 60 cents
gallon, so that the gross returns
SHOW q drop below expectations of
ven on to $4,000 in a week. Any
further declines would accentuate this
lact- Il Is accordingly no wonder that
ne producers notice with great anx-
lety the recent course of the market
y this time when they are marketing
'ne bulk Of their production of the
article. And the strange part of it
'na' While the producers feel aggriev-
g over what they term the "low"
p''ce OF turpentine, consumers appar-
Willy look at is askance as high" and
A' 70 show any inclination to take
'''antage OF the recent declines to
s'osloe themselves with spirits for
future needs.
Aosins closed the week showing ad-
saces over the previous Fridays
e'ose as follows: WV Is, VIC Is, N
N u, X Is, 5. H S, G, 71-2, F
I.H II -
- = III. d 21-2, CA Is. The
.esk opened and remained strong
saul Thursday afternoon when com
-'as showed some weakness and lost
~ Oh the advances of the previous
rales showed more strength
~ sdvanced when commons fell of
" Tnere is seemingly no reason
Nv paleS should NOT maintain thar