The Daily times. [volume] (Richmond, Va.) 1886-1889, 1888-10-12
FINANCE AND COMMERCE
TOBACCO.

RICHMOND, VA October il.-Mr. Wiz
liam q. Miller saws Il have written TO
several palt es asking their opinion OF
the damage, among others TO a very con-
servative m81. WHO says that the daily re-
ports grow worse aud worse as 10 the
condition Of the cTOps."
Mr.. VI. T. Smith (of the firm Of NJ. T.
Smith Il Coz "Our market Is very sciiye
for wrappers There are a great many
outside buyers on the market to-day, and
prices have advanced s. per hundred for
fine bright wrappers ~
suNcURED AND BLACK ToBAccos.
Colonel Spencer (of the arm OF I j..
Spencer 4 Cor 81 calculate that the
crop has been shortened one-fourth. In
lh- districts from which most OF my trade
comes reckon one-haN OF tae tobacco
was out in the fields, and one. half Of
that i ruined. Certainly from one-t0rr,h
TO one-lhird Of the crop - badly dam
aged That i about my calculation Tor
The couu,i, Of Charlotte, Halifax, Lunen'
burg, MeckieSbuTg Appomatiox, Motto
way and Amelis"
NiktIkED.
Mr. Georgia. Haynes The knife has
done more harm than the frost. In some
Localities frost has done harm, and we
will have q real mean, green crop 10 sell
xt year though have seen a great
many parties who say that the crops
have not been hurt particle"
MI Benn Palmer Il hsye talked with
several parties who say, while II is true
we have had some frOsls il does not seem
70 have injured the late crop, but the cut
ling Of green tobaccos will make the
average very mean don't think the
damage is as great as was supposed. /
talked to party about Ned Wash :
ciop Said he Lad only one or two little
patches that he will baye to throw out
/ lie did nct cut until last week. From all
/ / can gather DO not think there has been
anv great damage 20 suncured toosccos
bv frosls. Frosis Jump about, doing
damage in one locality and spsrlng an
other"
A letter from prominent merchants IN
/ Lynchturg, Va, under date OF 10 IN
/ slant, SAYS "The sales on the market OF
crop Of 1887 October I. 1897, 10 Sept m
Der 80, 1889 sum up 24s0Gt00 pounss.
As against 2S.5l7, 900 pounds sold Ct loSb
crop, and 81 10000 pounds sold OF 1885
crop.
IT is generally thought that OF the
coming crop we will receive from q ,0CO,
600 TO 100000 pounds.
The frost damage, from all accounts
NE can get. must have been serious. We
think ths, about Is per cent OF the crop
tributary to this market (Lynchburg, Va
! has beer injured by the trosts A large
proportion of the crop will be greenish
and unripe owing to the setback which
the crops received from the pTotratted
rains during September We can but ex'
pect large amount OF mean tobacco
We saw yesterday the first new dark
lots offered here, which sold at prices COT.
responding 10 those which are being paid
for oil t0baccos. In character they were
nothing but repetition Of thin papeTy
style Of which We saw so much this year
showing withal very fair color.
New brights seem 20 be active, and
prices terd upward No sales here last
week. Offerings this week. very small
and ui low character, and are expected
20 continue so.
"Our opinion Is that good sound filters
are going TO be very much higher. 10"
grades OF the new crop will be badly
frosted, and Manufacturers know that il
il easier 10 work funked tOhacCOs than
frosted iObaCccs.' NiCoTiNE.