Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1888-01-01
TOBACCO AND GRAIN.
LEAF AHD MANUFACTURER TOBACCO
TRADE OF RICHMOND.
Taxes on Tobacco, Cigars, and cigarsttes-
offerings Of Grain-commsroial
Organizations.

The officers of the "Tobacco Trade" Of
this city are: Charles Watkins, president;
DR.. r. A. Patterson, vice-president; Gaze
move Mcleod, secretary and treasurer; Pey.
ton Wise, inspector; r. A. Trice, auc-
tioneer; John w. Powell, assistant auc'
tioneer and clerk.
THE TOBACCO EXCHANGE.
There has been no change in the executive
and other officers Of the Tobacco Trade during
the past year, excepting that OF secretary and
treasurer, caused by the death OF Mr.. David
Bridges, in whose place Mr.. Cazenoye Nc
| Lcod was elected.
The initiation fee OF the Tobacco EX-
change is S25 aud membership fec $40 per
annum. The rental OF sample boxes ia $40
per annum each. The warehouse storage
| fees from January, 1886, were increased
! from 81 25 to 81 80 per hogshead for the first
| four months, and 10 cents per month extra
storage for every month thereafter. There
are twenty-five recognized tobacco-inspec-
| ton and storage warehouses from which the
trade derives IT'S statistics. Besides these
there are five or more private warehouses
connected with large factories, reprizeries,
/ and stemmerics.
AulODR Tue new lHSftStiVh val thVu'F
operated in 1887 the most commodlouS are
the Davenport warehouse, built by Mr.. Isaac
| Davenport John Hulcbeson prOprietor),
and the Williams warehouse, owned by L.
&. Williams, Esq. In addition, the latter
gentleman has built two large new factories
here. Among importan, new factories Tor
tobacco is that OF Boykin, Bland Il Co., the
latter firm having moved here from Peters
burg, and are largely engaged In exporting
plug. There has been very large increase
in The manufacture Of Burley or western
plug during the year. some OF our larger
manufacturers having entered into success
ful competition with the larger western iac'
tories IN this grade. The trade as whole
has enjoyed successful and prosperous
year. not marked so much 10y special
spurts and speculations as by steady
work, conservative business policy, |
aided by good collections, with perhaps |
smaller profits 10 the pound than IN former |
years. We have among the trade, however,
several largely interested IN the western Bur |
lev leaf who are reported 10 have made from |
$4,000 to S1j0,0O0 The trade has suffered |
little individually or collectively by COM |
mercial losses anywhere, and the outlook |
for 1883 is decidedly bright for all classes Of
tobaccUnists. Planters have been especially |
pleased with good prices for new leaf thus |
far, aud the reputation OF this section for |
good 10 fine dark tobacco is well sustained |
The 1887 crop Is supposed 10 be about half |
marketed already, a. the crop Is only half |
crop, with 100000 pounds sold to date
against 770, 900 pounds at same time in 1856. !
The tobacco year begins October LIST and |
ends September Both. Very much improved |
machinery has been introduced i'm every |
department OF the tobacco trade during The !
year. Richmond keeps pace in this line with |
all other manufacturing centres and leads |
the most Of them. We need a concentrated, !
united trade to keep business at home, and |
contracted for Richmond people by her own |
capital, OF which there is abundance fer all |
purposes. We should never be content TIL |
we begin to draw trade constantly 10 this |
centre and TO ditiuse the manufactured |
article TO It's utmost capacity to all parts OF |
the world.
The inspectors fees for original and re-
inspected bOgsheads Is 2jc. per bOgshead. |
The warehouse inspector charges for sam.
ping, &c, S1.l5 per bogShead, paid by the |
owner or cOHsignee. The Richmond charges |
are much less than any inspection market |
elsewhere. ReclamatIons oil samples baye |
been almost too Insignificant 10 mention, |
showing high standard OF sealed samples, |
perhaps unequslled IN the world. Inspector, |
General Peyt0n Wise Assistsnts-Captain |
William NJ. Bridges, A. o. Jones, and |
Edward Winiree.
The charges for buying leaf are p per |
cent, With storage and draIage. Selling |
charges, per cent. and warehouse charges |
Insurance usually ! per cent, on sales. In |
suranCe rates run OH different warehouses |
from 10 per cent. per abDum, which Is
also favorable item for Richmond. end |
hence there is always much stock held here |
tor m IN
freight, Richmond enjoys equal advantages |
with any market East, North, South. or |
West.
The Richmond Tobacco Association is not |
incorporated. Its good management and |
life depends upon the harmonious working !
of its members under certain rules and Tegu-
ati0Ds, extending its influence over ware |
houses, inspections, and kinGred connec. |
tons OF the tobacco business. There are |
about 100 members, including railrOadmen. |
steambOat.men, etc. Voting members are !
those actively engaged in the tobacco bus.
ness. Only such and those resident Of this
city or Manchester are eligible NOn.resi. !
dents are only admitted TO the Exchange as
visitors.
The trade is by general consent classified |
into the following subdivisions, some firms
embodying several branches: Nine brokers,
sc sellers, II dealers, 81 shippers, l9 re-
handlers, 3 iOrelgn-Order buyers, 81 manu-.
;acturers, all OF which excepting or are
plug factories chiefly. There are % ware.
ho..semen and . auctioneers besides
Officers are elected In October for each
year. The association has board OF man.
ayers, an arbitration committee, president,
vice president, secretary, treasurer, and in.
spector.
Below will be found full statistics Of the
leai.tobac trade Of the city for the last
"tobacco year." and also Of the manuiac-
tured tobacco for the calendar year:
LeaETObaccO Statistics.
RECEIPTS.
Total receipts for twelve months to Sep
tember so, 1857, 40,3SG hogsheads, 6.929
tierces; deliveries, 1851 hogsheads, 6,429
tierceS.
Total receipts for twelve months to Sep.
TENDER 80, 1856, ~ SO bogsheads, 7,043
herces; deliveries, S5,4ll hogsheads, $50
tierces.
INSPECTIONS.
The total inspections for twelve months
ending September so, 1887, were 39,4OS
hogsheads. 4,225 tierces, 1850 boxes. Tota
reviews, 1874 hogsheads. ga tierces, 10l
boxes. Total sampling, 52,G62 hogsheads,
4. 100 tierces, 2.4Sl boxes.
,psnaotionc 1909