The Daily times. [volume] (Richmond, Va.) 1886-1889, 1888-10-21
FINANCE AND COMM ERCE
THE TOBACCO MARKET.
various Opinions About Prices and Crops
Hoo The Market Closed.
RICHMOND, Va, October 20

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Hos The Market Closed.
RICHMOND, VA, October 20.
Mr.. !. G.. Penn (of Pemberton d Penn,
Danyiile, Va SAYS We have had more
active market This week than for some
weeks past since the frost. The new to-
bacco is coming in more freely. and Is
composed mostly OF the early cuttings,
which contains the larger part Of the
bright tobacco Of the 1883 crop. A Pc
cuiar feature Ct the new crop llsssl so
far as known, Is the nHderSizc OF the
bright portion OF the crop. the leaf being
unusually ugrT1ic and short and rsry defri
mt in en0h md spread Fl lent The
bright portion e the crop Of 1885 is con.
tanned 10 the first fourth of the crop,
which was cut before the frost ! he
stock Of old cigarette cutters on our mar
ket is very smail As one OF the eyi-
dences o. the smallness Of the bright por-
ton of tie new crop, all desirsble grades
in the old stock are being bought now
for manufacturer account
a prominent Richmond tobaccOuist re-
ports he sale OF about 10000 pounds of
good filters at from $40 to $3.50 per
hundred; they were bought by a large
manufacturer from Winston, y c., and
the probabilities are that this sale Will
leaI TO much larger purchases in the uear
future. Another big tobacco house re-
ports the sale OF between seventy-hye and
one hundred cutters. These sales were
effected in the last two days
Mr.. A. r. Slaughter Of Beres, Gran.
vile county, y. g., says the crop is mean,
green and injured by frost; particularly
that potion in the northern corner OF
the county near the Person county liHe
Mr.. J. T. Murray from the same town,
confirms Mr. Saughier's report, and adds
that il is the greenest crop he ever saw.
Mr. NJ. T. Smith says these gentlemen
are perfectly reliable, and ne endorses
them in every particular, they being per
sonally known to him.
am credibly informed that 500 hogs
heads have been shipped from hi, hmond
during the past week, transatlantic and
coastwise About fifty hogsheads Of
wrappers are included in the above state
ment or shipments
Notwithstanding the fact that this IS
Saturday (which is generally dull day
on Change), and in spite of the great at
fractions al the Virginia Exposition,
there was a good attendance at the To-
bacco Exchange to-day, which | take as
the exponent Of stronger markets.
Major ". Miles Cary (of Subleit 4
Cary says While there is no decided
activity 10 dark tobacco, there is some
buying Of smsll lots for manufacturing
purposes, including common DARK hlers
10 medium good dark leaf | heard to-
day that there had been a sale Of quite a
large lot OF old dark brown tobacco, but
Of this cannot speak aulhortatiyely or
adgisediy a. | was unable 10 trace the re
port directly NIcorINE.
The chairman OF Leaf ! obacco Com
mitttee requests Us to say that Wednes-
day, Gath October, being Democratic
Day, il Is essential that the Judges of
awards on premium tobacco, award pre-
miums on Tuesday, October %. Judges
will please apply 10 Mcleod, the secre-
tsry at the Tobacco Exchange, where
samples will be found.
This doe not interfere with the pro.
gramme and sales on Thursday
The market closed quiet and strong to-
day Members OF the Trade have had
busy week, with line record in sales
or purchases. Many OF this weeks sales
have already paid good profits on last
weeks purchases. The sale Of cutters
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