The Mt. Sterling advocate. (Mt. Sterling, Ky.) 1890-current, 1895-12-24
THE ADVOCATE.


new Burnley, from medium leaf up.
The verdict OF the trade has already
|, gone forth TO the effect that the crop
x9rown this year is lacking in body
and deficient in substance and wrap
pcry qualities. 1t may be reasonably
assumed, therefore that the good
1 cEoops will command full prices, as
has indeed been Indicated by what has
been realized for the crops of merit
which have appeared upon the mar
ket. The sales this week include a
number OF hogsheads of new BurleY,
which brought prices ranging from
Sl2 to SIS per hundred, with quite
number selling from $l5 to $40, and
one hogshead at $40 70.
Very much the larger part of the
BAIT hhds. of new Burly thus far sold
on the Louisville market has been of
interior quality, being the common
grades out of large crops, or small
crops that would not admit of close
asserting, necessarily appearing on the
breaks by mixed samples. The prices
have of course shown preponderance
OF low figures and general average
calculated to give wrong impression
ofthe condition of the market. These
facts, we are credibly advised, are be-
ing used to the disadvantage of the
| tobacco growers by those who are in
terested in country purchases. The
!. prices at which the common crops are
s,afsiig sold on the market are current
ly circulated in the localities where
attempts are being made to buy crops
loose, evidently for the purpose of ess
Asablishing bases of value for tobacco
generally. The good alone is being
sought for purchase and no of
I fers made for the common crops, such
PC are constituting a large PERCENTAGE
Hofthe sales on the breaks, and such as
are furnishing the basis for the prices
boing quoted.
1t Is not the purpose of the Courier
Journal to oppose those who consider
II to their advantage to buy tobacco in
the country, either to supply actual
business wants or for speculative pur-
poses, as in either case the business is
legitimate. Yet.in its ong-established
position as friend of the producing and
laboring masses, both in city and
country, it feels it proper to call atten-
tion to these facts. The farmer, after
many months of hard work in pro-
4 ducing one of the most exacting of all
&erops, is certainly entitled to realize
he full market value for his tobacco
i'd 90 this end it is proper to recite
that the good crops of new Burley on
zthe open auction market are finding
Wager buyers among manufacturers at
sJsfgher prices for the medium good
4 and fine crops, either of the red and
aillery character or the colory type,
sTthan have been current during any
December for some years past.
Neither is there any reason to an
ticipate a weakening in values for
god grades or good crops, as the crop
IN below the average in quality, con-
|S S@ibg an unusually large PERCENTAGE
Bf common grades. On the Louisville
market are gathered the representa-
lives of every large tobacco manufac-
turing firm in this country, together
with the agents of those who furnish
| Che. -R,.rley supply fer foreign coun-
& tries, and it is here that every variety
had grade of tobacco finds its greatest
Nemand. 1t is reasonable to believe
at tobacco subjected to this compe-
tition- will bring better prices to the
farmer than loose in the country,
where at most the competition of only
a very few buyers can be had. We
feel that 1t Is only necessary to call the
attention of the growers to
the position, believing them capable of
arriving at conclusion best calculat-
ed 10 promote their welfare.
The advance this week is from halt
a cent to cent pound on all grades
iof new Burnley above red Tugs. Red
crash and Tugs were in better demand
and the feeling was sitter, but the
Aeha9ge is not yet quotable. 1t is the
it'll old tobaccos, Dark to-
ontinues quiet, with very little
cred, but such as had good
or merit realized better prices
heretofore Short and common
apa 81, ..oo.. laOaanJ