The times. [volume] (Richmond, Va.) 1890-1903, 1890-01-04
TOBACCO DEPARTMENT.


RICHMOND. VA. January 3.-Oaerings
Of tobsccos at auction on Change Friday,
January 3, 1890: Total offerings % pack
ages Of West Virginia bright t0baccus.
One package sold at 5000. one at S2s.5
two at $50. one taken in az $3.50. one sold
at $3.50, one at $3.50, one at S23, two at
81, one taken in at $3.50, one sold at SIT.
one az $500, one at Slo, One at sl2, one
taken III az SlO.15, one at s.20, one sold at
$7.25, one taken in at 500 one at $3.50. one
sold AZ 81, seven brought under 50. Of which
five were taken in.
Private sales reported to the secretary
today: Wrappers. ] hog.head: filters. "a
hogsheads; smokers, bogshoads; dark
wrappers. 10 hogsheads. Total sales re-
ported TO the secretary, - hogsheads.
Office Of the tobacco INSPECTOR reports to-
day: Inspections Bright, % hogsbeads;
dark. "a hOgsheads. Re-inspectOns Bright,
n hogsheads; dark, g hOgsheads; western,
, hogsheads. January ~. Inspections
Bright, IL hOgsheads dark II hogsheads.
Re-inspcctions- Bright 81 nogsheads: dark,
~ hogshcads; western. ! hogshead.
Wilson's, Dayenport's. shockOe and shell
hurnc's warehouses report 81 hogsheads and
IA tierces delivered to-day.
Office Of the collector Of the United States
internal revenue reports collections for
the city Of Richmond today as follows; Tax
paid cigars aud cigarettes. $500; to-
bacc0s, $l.g9s.4O: special $l.lO. Total
collections for city Of Richmond to-day,
S2.Ofs2O.
Registered at the Tobacco Exchange:
:. p. ficklon, Washington, ID. c.; NJ. a.
Allen, Keidsyille, y. CD ii. Gray, Peters
burg; j. 4. Magee. GAINESVILLE, Va; =. g..
b. Faulkner, Hanover.
have % acknowledge the receipt Of a
u
Messrs. Davis & Gregory. Of Oxford. y. c..
warehOusomen and dealers on that promi-
nent fine tobacco market. join their many
friends here in wishing them a happy and
prosperous New Year.
The Leading topic on Change to-day was
the reported sale Of "lhe Allen & Gnter
Tobacco Company" incorporated 10 a
great northern tobacco syndicate. The
consideration paid was Yariousy stated nc
from four 30 six millions Of dollars. 10 was
said that members OF that large enterprise
had confirmed the statement as 10 the sale
being an accomplished fact.
Rumors Of great tobacco trust having
been formed for the purpose Of cOrnering a
certain grade Of bright tobaccos (cutters)
have been rife for months past, but the
trade was altogether unpiepared for such "a
climax. as that of the Allen a Gntcr
Tobacco Company incorporated being
absorbed by the tobacco syndicate, and the
announcement that il has become part Of
the syndicate was q most extraordinary
one.
Various and vague are the speculation5
as 90 the objects u the syndicate aforesaid,
but il seems % be well agreed that il is the
purpose Of this combine 10 place a buyer
on each market, who shall be instructed
not TO buy from any intermediate holders OF
tabacco, but only and directly Of the farm
ers; and while it is said the syndicate pro-
poses TO maintain the prices paid 10 the
farmers for the past five years. there seems
10 be grave doubts as 10 whether they viii
maintain those prices when the middiemen
have been utterly and entirely crushed and
driven out Of the tobacco markets. Com
handing the situation then, il is not im-
probable they may lower prices 10 such
figures as will barely afford the farmer liy-
in. wages. Among the middlemen TO sur
fer the warehOusemen are not presumed 90
be exempt, 5ut this great and powerful cor
porati0n will dictate terms 10 them or an-
initiate them entirely.
] say these are some Of the many specula-
ti0us as tOthe syndicate. and its interests
and purposes, for nothing definite is known,
that body not having as yet. so far as have
heard, declared its intention in express
terms, but il has shown the clever fact il
can be most ellectually scotched by an en-
tire abolition Of the tax on tobacco. Then
everyone who has little capital may have
a small syndicate of his own. Every small
cigarette stand will then employ a pretty
girl cigarette-maker and the mammoth
combine will De undermined, and ioppling
fall 10y it's own weight and great will be-
the fall of it.
The Richmond tobacco market was quiet
and dull to-day sales light.
The only business changes i'm the tobacco
world this year have been those occurring in
the firm of W. Il. Hancock. Mr.. John j.
Hickok retircs from special partnership and
associates with Mr.. Woodbridge in new
concern.
Mr.. w. T.. Hancock continues the tobacco
manufacturing business at the old stand.
4. Mol.