The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1868-11-10
The Louisville Tobacco Trade.


This important branch of our trade is
not sufficiently appreciated by our mer-
chants and business men generally. Louis
vile is the emporium of the largest tobacco
growing State in the Union, and here we
have larger number of buyers than any
inland market in the country, and there is
always brisk demand and active competi-
ton for all grades and qualities of tobacco.
There is located here number of stem
ming and rehandling establishments en-
ploying over q million of capital in this
branch alone, and are operated and owned
as follows h. J. Usher, Robert Dunlap,
Voolfolk g. Glenn, J. F. Henthorn, John
Dunlap, Spalding s. Son, G.. G. Neville 4
Son, G. Vaughan & Co., B. w. Boatright, j.
Wiley, Mathews, Linwebber & Smith, Peter
Spith, Lane g. Mcbride, X. Timmons 4 Co.
Our manufactures of plug are owned and
operated as follows: Holbrook & Son, Mus
selman & Co., J. T. Willett g. Co., Finser s.
Brother, and Hopkins.
Some idea may be formed Of the extent
of these establishments when the official re-
turns made under oath to the assessor of
taxes show that one single establish
ment-Holbrook & Son-manufacture more
tobacco, and pay more tax on the same,
than the whole city of Cincinnati.
The very low price at which tobacco is
handle and the small commissions charged
in comparison to other markets, has attract
ed the attention Of sellers of tobacco from
all quarters, and this, together with the full
prices obtained, and prompt payments for
tobacco sold, is constantly extending the
area of this market. Each warehouse has
daily auction sales. Every hogshead is
sold separately TO the highest bidder, with
reserved bid to the seller; thus every
hocghead is sold on its merits for what
it is fairly worth, and those having large
lots and the owner of o single hOgshead
have an equal chance for the best price the
market affords. The charges for selling
tobacco are S2.lO per hogshead and
one per cent. on sales. Our warehouse
proprietors pay for tobacco sold on the
day it is sold, always advancing the
money to sellers, and never waiting tc
collect the pay of the purchasers. In addi'
ton to the stemmers and manufacturers
now here, there will be the coming season
several more amongst which we may men
ton the mammoth establishment of =
Lorillard, Of New York, the largest manu-
facturer of tobacco in the United States, and
perhaps in the world. He is now erecting
on Main street below Eighteenth large
factory for handling and drying leaf; Of
which he will need large quantity suit.
able for fne-cut, which should be received
az good news by the tobacco growers 0!
Owen, Trimble, Henry, and Carroll, as
tobacco from these counties is conceded a:
superior to any other, and Mr.. Lorillard
always purchases the best to be had. Be-
sides this mammoth establishment are seve.
raj other persons here looking for factories
to operate in the coming year.
The regular tobacco year closed yester-
day, and we give below table showing The
number of hogsheads sold at the variou:
warehouses during the year, and the value
of the same compared with the three pre-
vious years. The sales during the yea'
closing yesterday were as follows: