previous next

Prices rising.

--The scarcity of spirits of turpentine and other descriptions of naval stores; has caused quite a demand for them, and prices have consequently run up to an unprecedented figure. Tar and pitch have advanced within the past three months from $1.50 to $5.50 per barrel, and common rosin from $1.25 to $5.50. The present wholesale price of turpentine is about $1.65 per gallon. In a few months it is expected, should the blockade prove effectual, that the price will become so high as to almost forbid consumption. We were, however, shown, a day or two ago, a private letter which is sufficient to convince any one that the blockade of the coast of North Carolina is little better than a farce. The letter is dated Havana, and says that the schrs. Albion, Adeline, Maj. Barbour, Prince of Wales, and others, have arrived there from different ports of the State, loaded with about 1,450 bbls. of turpentine and 3,000 bbls of rosin. So long as a reasonable supply can be obtained the present prices will prevail, and they will only advance further when it becomes evident that the blockade of the Southern coast is worthy of the name.-- Phila. Inquirer.

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 3.0 United States License.

An XML version of this text is available for download, with the additional restriction that you offer Perseus any modifications you make. Perseus provides credit for all accepted changes, storing new additions in a versioning system.

hide Places (automatically extracted)

View a map of the most frequently mentioned places in this document.

Sort places alphabetically, as they appear on the page, by frequency
Click on a place to search for it in this document.
North Carolina (North Carolina, United States) (1)
Havana (Cuba) (1)
hide People (automatically extracted)
Sort people alphabetically, as they appear on the page, by frequency
Click on a person to search for him/her in this document.
Barbour (1)
Albion (1)
hide Display Preferences
Greek Display:
Arabic Display:
View by Default:
Browse Bar: