Bristol news. [volume] (Bristol, Va. & Tenn.) 1867-189?, 1878-12-03
Our Tobacco Market.

/
New tobacco Is beginning to come
in, and when it u OF good quality, it
is selling At fair prices. We EOsld
not advise shipments at prssent Of dar K
tobaccos, As there 10 very little demand
for them. They should be held until
after christmas, At lsASt, when buyers
of shipping tobacco will be again In
the market.
The kind that is now in best demand
consists of common yellow and bright
yellow wrappers. All such. IL we'll
assorted, and free from green, will
bring remunerative prices. There 10
an active demand for such. and we
would advise our friends to take ad-
vantage of the present demand for
bright tObsccos. Such tobaccos will
bring 10, 20. 80 and 40 dollars, accord
ing to color and quality.
We wish TO say . word to our friends
in regard to our mode Of selling to-
bacco. There seems to be = prejudice
against putting tobacco into our ware
house for sale. This prejudice arises
from q misrepreF entation and . mis-
apprehension Of the true state Of the
case. In East Virginia you can't get
a planter to sell his tobaccos privately
In the barn he knows that be can al
ways get more for 1t in the regular
market. When your tobacco Ia put
in the warehouses, it is at once brought
under the influence OF competition,
and this competition will force 1t to
its highest market value. No private
buyer, who buys ct the barn, will
pay AS much for the tobacco In the
barn as in the warehouse. II he did
not think he WAS getting 1t cheaper in
the barn, he would not buy it there,
for it is a great deal less trouble and
expense to him to buy in the ware
house. We have not known g single
instance OF tobacco sold in the barn
that did not bring more when expos
ed to sale in the warehouses. II half
dozen or more mon want the same
thing it will bring moro than il only
one wanted it. The competing de-
mand forces the price to . higher fig
ure than in the case OF single buyer.
We know that many OF our planters
sold their tobacco last year to parties
who bought 1t ut the barn, and we
know they lost money By it. For in
stance, one OF our buyers rs-purohas-
ed large portion Of that tobacco. pay
ing an advance on the original price.
A large portion Of that tobacco would
have brought in this market twice as
much as was originally paid for it.
No. my friends, you need not be
afraid to put your tobacco in the ware
houses. There is no charge for sto-
rage, and no charge for anything IN
til the tobacco Is sold. Besides, We
have no rings here, and we do not
suf's . any. Our buyers, indeed, would |
scoTn sven thing, They are all de-
sirous of paying foil prices for tobAc-
co, and sbaIlt nge comparison of price, |
with ahy other market. Besides, We |
ourselves, always see to it that every |
lot of tobacco shall bring its full vsI-
ue. And after it is sold, we have the |
OF taking it in for the plsa |
ter, and holding 1t for better market.
Surely there is no risk In selling in
the warehouse, while everything 10 in
favor OF the planter. We are working
for the interest of the planters, and
they need not be afraid to trust US
We will state that we have on hand
for free distribution lot Of improved
"Oronoco" and "Silky Pryor" tobacco
seed. Call and get some. |
We had almost forgotten to call at
tention to the importance Of handling
tobacco neatly. In this period Of low
prices the money is in the handling.
Let the bundles be small and nestly
tied up-not more than six or eight |
leaves to bundle, and by all means
seek uniformity of size and color in
the same lots. Yours truly,
J. II. WINSTON & Son.