The Prince George's enquirer and southern Maryland advertiser. (Upper Marlborough, Md.) 1882-1925, 1894-05-11
The Tobacco Trade.

The following is from the report of the
board of directors of the Leaf Tobacco Assl-
citation of Baltimore city, just issued:
"The past year has been one of such serious
depression in every branch of business, thai
we feel the Leaf Tobacco Trade of Baltimore
may congratulate itself that no disaster has
happened among its membership, and that
while there has been a decline upon common
and medium grades of tobacco from the ex
traordinarily high prices which prevailed dnr-
ing the first half of last year, still the average
decline in tobacco is less than upon nearly
every other article of domestic produce.
General esiim;t IS had placed the Mary
land crop of 1892 at about the same sizs as
the previous one, viz: 10000 Hhds, and as
there was but trfiing stock of old Tobacco in
factors hands, and as France contracted for
delivery of about 10,O0O Hhds, the rear
orened with prices at about the same nnge
as in 1892, and so continued with little vsria-
ton until August, when it became appsent
that the crop had been considerai ly ualer-
estimate
than the previous year, but in weight it was
about So per cent. larger, being one of the
heaviest weighing crops seen here in many
Years.
1.-The weakening effect upon prices that This
surplus would naturally exert was increased
in the early fall by the withdrawal from cur
market Of all orders from Germany, owing to
t e consideration by the e .rman Parliamentiof
Il new tariff bill which would greatly affect
t 'bacco; the financial stringehcy, which had
prevailed all summer, added its weight to lbe
above causes, and the result was heavy decline
in prices of common and medium grades,
while be tr grades, which were in rather
small proportion, were only slightly affected.
There was some accumulation of stocks in
factors hands at the close Of tie year, but
since then most of it has been disposed of at
weakening prices.
'sThe crop of Groundleaves, numbering
alb Put $40 Hhds, was the commonest seen
here in many years, and was only disposed of
through heavy concessions on the part of
sellers.
timaled al 10000 Ehds. of light character, and
large proportion of common grades; it will
probably severely test the ability of the three
st ,te Tobacco Warehouses to properly handle
and care for all averaged sized crop,-.he first
We have had since the tobacco trade was de-
prived Of Warehouses Nos. and 4.
1.-The Exhibit made by this Association at
the VOLTS Fair in Chicago did not receive
the recognt Oh from the Jury of Awards, that
We had hoped for; after comparing our exhibits
with those of other mal kets, We wouI recon-.
mend that on any future such occasion/only
the best grades from this MAJ ket should be
displayed
Ia consequence Of painful experience as to
the injury 10 Maryland tobacco caused by
heavy packing, the buyers in November last
notified the ASSOCIATION that after January /,
1894, they woKfd not buy any HID weighing
over $50 lbs. net, and at a meeting of the As
ISOLATION held t. take action upon this COM
muDication it was unanimously les, lyed that
it's TO the best interest of growers Of tobacco,
as well as Of every one else connected with
tn, trade, that Maryland tobacco should not
b. packed TO weigh more than $50 lbs. A
C rcul II in accordance with the above was sent
10 farmers and packers throughout the State,
and also TO the newspapers pull | shed i'll the
tobacco counties.
"Reclamations during the year were again
gratifyingy small -