The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1906-08-31
THE TuRPENTINE MARKET.
Rosine Still Climbing Upward-The
Demand Apparently Greater Than
The Supply.

Last week we said: "The demand
for resins continues good from all
quarters of the world, America and
Europe repeatedly calling for addi-
tional supplies"
This weeks events have simply
given a new basis for this statement.
The situation has strengthened with
each day. AS the season progresses
and the demand grows greater ap-
parently with each week, with mere
ly incidental slight periods of dull
ness and reaction, one begins to won
der whether there is really going to
be enough rosins to go around. Buy
ers seem clamorous for supplies, and
with several in the market it has
been difficult at times for them to Sc
cure the stuff needed to meet their
customers calls. Altogether it is a
most remarkable situation. Prices
are way ahead of what they were at
this time last year, especially for the
lesser grades. and it is unquestionably
he belief that even higher values are
Tvs. before us unless there should be
a sudden stoppage of demand, which
rs hardly among the possibilities. In
omi.es are reported by exporters
from every direction. and the domes-
ii, customer apparently do not. stop
- consider prices in their eagerness
to keep supplied. The activity in gen
eral manufactures in this country
seem undated. and in the fall months
bow every sign of being. unprece-
denied in this respect, and the indus
tries using rosins must, of course,
share in the wide spread prosperity.
1t is no wonder, therefore. that $4,000
waterwhite is regarded as almost inc
vitable, and no one will predict just
what commons may do later on. There
Is every reason why the faces Of pro-
ducers of naval stores should bright
en- up as they study the daily market
reports,
During the week ending last night
the advances in resins were as fol-
lows: Waterwhite 20 cents, window
glass 8. N Is, M %, IL IL, H IL IL,
G 10, r IL IL, e Is, d II IL A-CS0.
The advance in the very blacklist
grades was remarkable indeed, and
A-C are now bringing $500 per 200rb.,
as against $40 six weeks ago, when
they touched the lowest prices since
April 1. All of the common rosins, i.
g., Fl and below are now almost at
the highest point of the season, and
It will not be surprising II the next
few days sees them establishing the
highest values they have known since
April L. AS they form such large
proportion of the current receipts
this is certainly most gratifying news
to the producers. On page II We give
the daily closing prices and on page
s a comparison for four years, an in
teresting study in values that shows
how materially conditions have
changed in the naval stores industry.
Waterhite closed yesterday high
er than it had closed of the season.
little straw which told pretty well
how sales have been acting in recent
days. Even better things seem ahead
for these light faced varieties. The
receipts of them, which have held up
better than was anticipated, are go
Ing to pieces, only 2.117 barrels posted
among sales of 1852 this week, about
$4,000 barrels being H and below. ne
consumer who has no stocks of pales
on hand or who may need them in
fhe future. is evidently going to pay
more than present quotations. as the
signs now indicate. Stocks of these
grades in first hands are small and
toward the close of the season 1t is
not improbably that the yards win be
cleared of them.