The times. [volume] (Richmond, Va.) 1890-1903, 1895-01-01
THE TOBACCO TRADE.
TALKS WITH PROMINENT MEN AZ
TO THE PAST AND FUTURE.
All Have Had Business ~ Good " not bs''
ter Than was Expected and the Out
look for 1898 IL Bright.

The tobacco trade during the year JUST
mast and the outlook for the future ~
the subject OF talks with NUMBER Oh
nroninent men. Here Is what they say
Messrs. Il. j. Victor Co; ms Iar
a. our own business goes We have done
ore,t deal more than We did last year.
no, only i'm quantity. but better paying
business As 10 the export trade we nave
bad avery good demand for continental
markets the low prices have induced
MI IN buv very freely and stock them
selves mn chiefly with common brights.
The new crop OF dark, estimated AZ
about Is per cent. Of an average ctop' IL
seems TO us Is selling quite reasohaDls
in view OF the fact that stocks OF osd
tohaccos are small. We think on 'he
other hard that new bright 'Vo"eO0'
seem to be too high.
For the next few months we expect 10
see the export business very quiet. IN
Belgium the party in power INTENDS 70
take off all internal revenue taNa'lo"
Oh homegrown tObaccos. and the "
bacconists. manufacturers. jobbers' e'c''
are strongly working 20 reduce inc I'M
port tax Of 70 francs per 100 XMAS, "
% francs per 100 kilas. II this should oe
carried We can expect a good business
with that couatry during next summer
aud fan.
In Germany. the Reichstag will have
10 consider another proposition OF the
Government relating 10 the renewed TAXA
ton on tobaccos They have similar
project In vieN. but one AZ the same unle
10 introduce an internal revenue system
for manufactured tobaccos, and this Is
very bitterly fought by the people IN
terestel.
II these tax and duty questions are
settled in favorable way we can ex-
pect a good trade with both countries.
Belgium and Germany. else. the export
trade for next year Will not amount 10
much particularly as the new crops OF
both bright and dark are mean and un-
desirable"
Mr.. william G. Miller: THE year just
closed was not 10 the general trade 80
successful year as was hoped for.
though it might have been very much
worse
With the revival Of business in other
trades. which is confidently looked for
during the new year. I can see no reason
why there should not be great i'm
provement i'm the tobacco business"
Mr.. William T. Hancock said. Il think
there has been a fair business I'm manu-
featured tobaccos during the past year.
and look forward 10 an Increased bust
ness i'm the early spring The tobacco
business has occupied a very favorable
nesses during the last year"
Messrs. Maurice r. Smith &, Co.: ."Our
sales in 1894 we're largely IN excess NJ this
1898, and the outlook for the coming year
is very encouraging.
Mr.. r. Turner Arlington Jr.: I'VE
have no reason 10 complain our business
has increased aud if We have the stock
10 work on. | think the prospects for the
new years business are very good"
Mr.. Ta2ewell NJ. Darlington. THE
volume Of business for the past year was
pretty fair. better than we had any rea-
son 10 expect We think We start in the
new year with manufacturers bare ia
stocks Of leaf and II the trade that they
anticipate materializes. we should have
largely increased sales i'm the first part
Of the year. by which time We hope tho
general trade will have assumed its nor
mai conditions. and We will hear no more
of hard times
Mr. N0rveu Ryland. Having had a
setter business than We expected this
year, / see no reason why We should not
have better business than We expect
for next year
Mr.. William r. Staples: I'VE have had
a fair business this year. 50 FAR as 1
know the stocks OF dark tobacco are light.
with very little desirable tobaccos for
orders which come 10 this market. The
stocks OF dark tohaccOs bonn lu-- and Leaf
are small. with worry little suitable FOR
the orders which generally come 20 this
market. Italian and Austrian tobaccos.
and Spanish Tugs"
Mr.. J.. J.. Strause; business for the
year closed brisker than We expected "a
See It. and all the Indications Point 10
an active trade for 1895"
Messrs. Frazer & Tompk.ns: Although
incr ease i'm trade has made our commits
sions TO considerably exceed last year.
The outlook with us for next year IS
even more lauering than Il was for last
yea"
Mr.. James y. Boyd we have made
steady gains in the loose tobacco market.
and the outlook for increased receipts
OF bright and dark loose t)naccos FOR 1895
Is very good.
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