The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1915-03-14

the output for the last three wears
as follows.
1aI2-'1a-T urnentine. see 600 casks.
roaln z.lea. oea barrels.
1881 -Turpentine SIS. coo casks,
Fosin 2.eoe.0e0 barrels
sI4-1b--Turpensins go, COG casks,
rosin 500 GEO barrels
~ these figures are approx lmately
/ oorrect e wstl mean that the naval
stores corporation for the PAST twelve
months j. the smallest In twenty years.
For several wears now the total pro-
/ 6uctiou ~ turpentine and rusin has
been distributed about as fcll0ws
In the western territory tsstimatedl
/ Sc 90 per cent
IN me western territory tesumatedl
/ 1a Ia per cent
Owing 60 low prices aud generally
unfavorable conditions there viii be
an even greater reduction IN the naval
/ stores production for the season ex-
tending from April 1915 90 April.
1915 There viii be a large number
~ old worked-out places abandoned.
VERY few cups have been hung during
I the winter. and few boxes cut. and no
new places opened up az all IL In cer-
tain that the greatest per cent" of
reduction IN output wiu be IN tine
eastern district. owing TO the exhaus-
tion ~ the available pines. and the
/ greater length 81 time thu places over
there have been operated. While there
win be q reduction in output III the
western section. also. II will not DO
Ia proportion 60 that ahead q us In
the eastern territory.
Il Is probahls that fer the next year
the production win amount e. fifty
per cent OF the total IN each territory.
10 90 there will be- a. much naval
stores made in the western section as
In the older eastern District There
fore. Il seems that the time n ripe
now for the western territory % assert
e. rights, and take lts proper place
a. dominant force IN naval stores
matters. Especially. as IN the output
~ the fimer grades 81 rosin. the western
district now produces fully ninety per
cent ~ the total while the output In
the eastern section now does not ex-
coed ten per cent Yet, the market
price for the whole crop IL made and
quoted over In Savannah. Ca, and II
is often the case that an unfair valua-
ton IL pat on the nne grades
An effort was made last year. BY
New Orleans, Go correct this. but IL
met with 40 success. ~ the Savannah
interests were opposed % change.
PRESENT POSITIONS.
a. to the present position occupied
by the gulf ports In naval stores cir
eies u n probable that actual re-
ceipts "a the four ports can be pat
down a. follows, the hgures. however,
being only estimates. annual:
Pensacola, Turponune. $4,000
casks: rosin. 25e. 600 round barrels.
Mobile, Turpentine, 10000
Casks: rosin. l4o.0oo round barrels.
New orleans. Turpentine. rs .oe0
casks. rosin. 100000 round barrels.
Gulfp0rt. Miss. Turpentlne. 5000
casks. rosin. 10000 round barrels.
Total casks turpenrlne. $50. 00a:
barrels rosln. 500. goo
IN addition 90 the above rosln and
turpentine. which comes into sight"
a these ports. IL must be bSrne IN
mind that in this western section a
considerable quantity or naval stoSes
Il h marketed directly from the stills
lmostiy in the weatl and does not en-
ter into statistics. However. the own
ere - th.a aruGget are in sympathy
with any wcll-planned movement e.
ra.a thsn narket quotations over here,
and not he compelled O. Accept prices.
"a an times, from the savannah Board
~ Trade
u a certain amount ~ actual naval
stores are necessary ln establishing
market quotations az one ~ the naval
stores ports. II Il proposed 60 es-
tablish tresg quotations az two points.
vix Pensacola and New Orleans The
5attcf t4 re nv taken Hu tho
matter with their board Of trade. and
the naval stores interests over IL New
Orleans can BE depended on Is work
with and cooperate with Pensacola
Pensacola ean use lta Chamber n
Commerce ~ the same way that New
Orleans viii employ its Board uf Trade
ln Savannah Ca, two daily quo
tations are posted on the black board
a. the Board of Trade rooms. one a.
N q. IN and the other az b IA ~
trade circles the closing market"
quotations are always accepted an
what i known a. the fofnoial mar
kot
QUOTATION COMMITTEE.