Morning journal and courier. [volume] (New Haven [Conn.]) 1848-1894, 1884-03-20
No Cause for Alarm.

| LuII in the Peanut Trade, but Indica.
| tions That the Country WIN Pull
| Through.
| From the New York sun.l
| Recent advices from Norfolk, the center OF
the peanut trade in the South, read az
though it might become necessary to shut uI
| the east side places Of amusement for wani
of the usual peanut supply, and to run the
travelling circuses the coming summer with
| out the wonted crackle of shucks to accom-.
pany the hat spinning and other silent fea-
lures of the show. A serious business dis
agreement has arisen, resulting in q dead
lock.
A member of a firm that is extensively
interested in the trade. both as cleaners in
Virginia and as wholesalers in this city, said ::
'Some six or seven years ago the first
peanut factory in Virginia was started. At
| these factories peanuts are bought in large
quantities, cleaned, picked over. bagged,
branded and sent to the northern markets
The brands are well known in the trade, and
prices are made according 10 the brands
'sThe factories increased. rapidly, till the
bulk of the business was done through them
Instead of being compelled to clean, bag and
ship the nuts, and often to wait for their
money till the goods could be sold by COM
mission merchants, the farmers now sell the
nuts right on their farms and get cash for
them They have never sold their crops SO
advantageously as since the factories have
been started. The cleaners find their profit
in the better prices brought by goods after
they have been cleaned and picked over and
branded with brands known to the trade.
"The present disagreement arose in this
way: A good many peanut raisers have
been shipping goods to commission mer-
chants in Norfolk. The commission men
prefer to sell the nuts in large lumps-so
many thousand bags at a uniform price per
pound. In the factories it is often found
that there are a good many light nuts in
these lots, which are blown out by the fans,
and when they come to bag and brand the
cleaned nuts, they find they have lost money.
So there was a meeting a few days ago of
men interested in the factories, and it was
decided to adopt a weight-and-color standard
in buying of commission men and farmers.
They decided simply to buy each bag of nuts
on its merits, instead of buying in Jumps.
This win benefit the farmers who send nuts
of good quality to market, and will encour-
age the production of fine goods.
There is no fight going on. Though buy
ing is nearly at a standstilI. Several confer
ences have been held, and all that can be
done in q decorous and businesz-like way to
come to an agreement has been DONE or will
be done In future meetings. Meanwhile the
large stocks held by the cleaners have kept
the factories running, and the market in
New York will probably not be affected for
some time to come, if at all The factory
men say that rather than do business under
the old method they will close mp their facto-
ries.''
A retail dealer who was located in Chat
ham street yesterday was asked whether the |
trouble in Norfolk had affected the retail |
trade here.
''Maka no dif,rant, said the count. |
''Tree cent, fva cent, ten cent. Ala fr-r.
resh bake"