Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-06-21
BOOM FOR THE WEED
NEW loose-ToeAcco WAREHOUSE
TO BE STARTED IN RICHMOND.
A Move by which the Growers, Members
of the Trade. Retail Merchants, and
Others VIII BE Benefited.


proach to Richmond that the handspring
of her prosperity. the tobacco industry.
has been allowed TO run slack, and that the
greater part Of the leaf business done by
our tobacco-men has been done to the
chief advantage of other places. We nave
not closely followed and fostered our in-
terest. We have been too content to follow
the drift Of the current instead OF cutting
and deepening channel OF our own. AS
a consequences We find dozens OF snlail
markets scattered over three States whose
product is chiefly tributary to our nam
and central markets. All that mas Deen
needed was an effort and will on the part
Of the trade to secure this scattered busi-
mess directly TO this market. All things
naturally favor direct planters shipments
TO Richmond, and il is matter OF greatest
moment that the near approaching hrst
loose tobacco-sales warehouse Will oe
opened here by North Carolina experienced
warehousemen of modest fame.
Messrs. Davis d Gregory, OF OXFORD, y.
G, have written that by the 10th OF July
they will be on hand to open, bright
loose sale at the Merchants and Planters
Warehouse. Fifteenth and Cary streets.
Messrs. Davis & Gregory leave large and
prosperous business in Oxford, n. O., to
cast their lot with us. They have asked no
guarantees or promise of the Richmond
trade. but are assured that their popularity
and extensive knowledge of their business
and wears of experience in selling on
the leading loose markets OF North
Carolina for planters of four States will
end in their success.
THE MAIN MOVERS.
Those most prominent in this movement
are Mr.. Milton Cayce, the buyer OF the
Allen &. Ginter branch Of the American To-
bacco Company, and MIR. James N. Boyd.
Both are large bright-tobacco buyers, and
consequently have the ability to back this
movement most strongly by their own pur;;
chases every year exceedingly large and
scattered all over three States. The contract
for This warehouse removal has been signed
since April. Although tho Tobacco Ex-
change Committee failed to agree on the
expediency of combined pledge to sus-
tain the planters trade moving direct to
this city heretofore there will be no doubt
now since the ball has been Independently
set in motion that they will most heartily
sustain the market in full.
Some of the benefits to be derived from
these sales are named:
/. In the saving Of tens OF thousands OF
dollars commissions aud salaries to IN
terror market agents, and ia short the sup
port of planters IN other numerous smaller
markets.
2. In the Richmond buyers being able
TO buy his own tobacco and seeing every
pound he buys loose on the floor and
handling it to suit himself.
3. In a wider range of selections, as to-
bacco will with this system surely concen-
trate here from all other bright
markets and planters OF North Garoilna'
South Carolina, Southwestern virginia,
and West Virginia.
a II will stimulate the West Virginia
planters trade that Richmond has now
partly in hand only.
5. 1t will give employment to great
number of people-clerks. warehousemen,
drummers, steamers, hands, &c.
6. 1t will greatly increase o demand for
dry-factories TO rehandle the weed here
FOR home factory use, for order, and Tor
shipment.
n IL will give life, vim, activity to our
daily sales. This will attract our own
trade and more particularly secure to the
Richmond broker an order business, which
has of late years returned INTO mere
nominal business.
THE PLANTERS BENEFITS.
II will enlarge and expand every branch
of business-the hotel. insurance, team
IN.
The planter almost invariably comes to
market to see his tobacco sold, and when
he sells he will spend his money. and that
in cash. It Is, therefore, of greater mo-
ment TO grocers, Observation-Disclosures
dealers, dry goods, fertilizer, and shoe
merchants, ETC., than even to the tobacco
The Richmond market offers the double
inducement and choice of sale by hogs
head or loose.
ton. IN freights, and in sale of merchan-
disc at lowest prices, and all we need is to
recognize and to embrace our opportunl-
ties.
The saving in purchases as well as the
cain in tobacco sales on this market is of
paramount importance to tho planter, and
should be fully advertised in our trade and
homo papers.
RAILROADS AND HOTELS.
A committee of tobacco-men will be APP
nointed to see our hotel-men and railroad
men TO get special rates for planters SELL
inc their tobacco here, and before the sum-
mer is over big loose sales in Richmond
will be an assured fact and the biggest
boom will be set IN motion we have had in
ten years. Our staple long neglected and
allowed to take its own course will be
ket and natural market where it belongs,
and that to the advantage materially OF all
parties, Every citizen in Richmond IS IN
terested and should make it plainly mani
fest.
will follow. Many are the planters and
dealers who have been ready, anxious, and
waiting for a step of this kind, and we feel
assured that for the start the loose sales
will be of inestimable Importance to us,
and that the wavering, droning, and
doubling ones will be swept along with
the tide. There is absolutely no cause for
other than o grand success confidently
predicted.
GREAT MARKET.
Richmond rehandlers may well rejoice,
and We old order buyers may well take
courage once more, and commissioner
be happier still.
IL lies perfectly and easily within the
grasp and power of Richmond's Tobacco
Trade 10 make it the largest tobacco mart
in the world again. Our manufactures
can be and will be thus doubled in five
years, and property owned by. US will IN
crease in proportion and population CON-
meDsurate with it, as well as prosperity.
If our manufacturers and buyers prompt
ly and in good faith accept, back, and
promote this loose-sale planters tobacco
movement TO Richmond, they know such
results as predicted must follow. Ii they
so declare they will sustain the market
the greatest prosperity ever asked Is be-
yond peradventure.