naval stores

noun
1.
supplies for warships.
2.
various products of the pine tree, as resin, pitch, or turpentine, used in building and maintaining wooden ships.

Origin:
1670–80

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Encyclopedia

naval stores

products such as tar, pitch, turpentine, pine oil, rosin, and terpenes obtained from the pine and other coniferous trees, and originally used in maintaining wooden sailing ships. Naval stores are produced chiefly by the United States and France, with large amounts coming also from Greece, Spain, Portugal, and Mexico

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Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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Example sentences
Colonists turned to the preparation of naval stores as their main economic
  pursuit.
Agricultural and timber products, naval stores, shipping and trade formed the
  basis of the economy.
They were logged and used used for the production of naval stores.
The first industry in the county was the naval stores industry followed by the
  main industry throughout the years, agriculture.
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