Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1896-01-01
Shipping leaf nominal. with no sale
worthy OF mention.
RRJCHT LOOSE. SALES

Shipping leaf nominal. with no sales
worthy OF mention.
BRIGHT LOOSE SALES.
The sales Of very common tobacco have
been discouraged by sellers here. To-
bacco resold at the warehouses has been
a nominal transaction as compared to
other markets. and our sales will. on this
as well as other accounts. appear small.
with the closing Of one warehouse early
In the season. The quality and color OF
planters tobacco sold has been very good.
and prices have ruled commensurately
high. The chief demand has been for
cutting. export, and stemming tobacco. OF
which breaks have been mainly COM
posed. New factories have entered the
field for such tobaccos. and the new
competing cigarette and plug factories OF
the West have sprung UP In opposi-
ton 10 the American Tobacco Company.
Spectators have again entered the mar
ket, and are free buyers. with pros
poets of both home and foreign trade.
from which they have been virtually ex-
cluded In the past few years. Wrappers
have been exceedingly scarce In this crop.
They are much in demand. though
few have exceeded 40 cents in price,
against 80 andy 80 cents a year or more
back.
The fine grades Of cutters are selling
perhaps from to 3 cents OF. Medium
grades have advanced IN proportion 10
the reduction of fine grades. Good, ripe.
red filters are scarce, and are well-paid
for. from TO 3 cents. Cutters rule from
10 10 70 cents: smokers from TO u cents.
Tins and common grecnish Jugs are dun.
and low. without change. at to IL
cents.
FIRM CHANGES
Tho John Wright Tobacco Company
sold out TO a new company, with. Fred.
y Scott president. Mr.. John Wright
connected himself with the United States
Tobacco Company: Fred. 5. Myers. presi-
dent This is newly-formed com
pany.
w. G.. Neal commenced brokerage bust
ness.
W. c. Bentley G. Co. commission mer-
chants. succeed Charles Watkins Co.
Mr.. c. r. Wilson. formerly of Rocky
Mount. y. C., remains with the latter
firm.
Charles Rauch, Of T. O. Noting &
Co.. started In the leaf commission
business
Carr & Dickinson have dissolved. $.
T.. Carr continues on his own account in
the Burley tobacco commission business,
as s l.. Carr & Co., and l.. Il. Dickinson
continues.
Sub,ett & Cary dissolved. Colonel w.
Miles Cary returns 10 farm-life. In Char
lotte county Va. and Y. A. Jacob & Co.
composed of II. A. Jacob and y. Lorraine
succeed them. The Gorman-C Campbell
Company, tobacco brokers and rehandlers
organized Sheburne x Balmer succeed
shelburne & Scott I'm the loose-ware-
house business.
The firm of Spicer. Son & Co. remains
the same. after the death of G. w. Spicer
G. w. Spicer, Jr., continuing
The Lottier Tobacco Company, manu-
facturers, have sold out to J. w. Hob
good. The Thomas Hanewinckei Company
wind up their smoking-tobacco busi-
ness. Mr.. w. w. Russell leases the
T.. r. Pnkinton Compsnys smoking-to-
bacco-brands, from July l. 1885
Shockoe Warehouse changed hands.
Emmett Dickinson succeeds J. A. Hutche-
son, proprietor The Southern Ware
house closed business as a loose ware
house in June last.
Encouraged by bright. loose sales, the
Davenport Warehouse has put In hgnt
Improvements.
INSURANCE EXPERTS, ETC.
The insurance rates on tobacco ware
houses are In course OF readjustnent
| There were great fluctuations during the
rate-war some risks being taken as
low as IL of / per cent, 10 run one
year. The generally-improved risks will
lower rates. All warehouses are provided
with metal-clad shutters. fire-buckets,
etc, while factory buildings are similar
ly protected.
One effect Of the American Tobacco
Companys practical monopoly OF bright
cutters in this country has been to effect
% hrio IN
Tobacco that could not find a buyer on
this sida has found a market there. In
terror and small markets become thus
large and regular exporters directly,
and thus the supply needed at home has
been supplemented by drawing on stocks
held in England in certain lines OF
brights.
A bill before the Legislature, based on
similar measures adopted In Western
States, will likely pass. 1t will compel
crop statistics to be furnished the COM
missioners to pass to the Auditor of the
State for publication There are no au-
thentic crop statistics TO be had up to
this date.
TOBACCO NEAR BY.
The Richmond Tobacco Trade is COM
PEELED TO recognize that the valuable
bright tobacco lands near this city would
yield the finest grades of leaf II farm
ers were systematically and properly in
structed In the art Of culture and
curing bright tobacco. Steps are being
taken to instruct the planters, and seed
will be sent them with all needed in
formation probably this season. The mat
ter is taking shape already. Many coun-
ties around us show evidences that
the best brightS, expermentally cult
waited. have produced excellent results
In sales this season
Dark tobacco shows a degeneration too
much to note the one-sucker va
riety. We need higher state OF cul-
tvation, a smaller planting. and closer
culture; finer tobacco from better seed
than now marketed.
SALES FOR THE YEAR.
Private sales for the year were: Wrap
pers. S.57S; smokers. 1895; filters, 7l22
cutters. 2.23i; dark leaf, s,7s2; scrap,
2.O99: Burley. 1.al; Tugs. 5,7H: sun
cured So: western Tugs, 81; black fat.
IL, stems. 81. Total. S5,Si7 hogsheads:
against 5000 hogsheads last year, and
1853 hogsheads for 1893.
Dark loose sales, 2.4l2.3l0 poun Is, with
16 IA cents as the highest price paid
on account Of the marketing OF much
frosted tobacco. the average price has
been very low. and IL is very difficult
to give the average for sound tobacco.
The Dispatch gives herewith COMPARE
sons by months of the private sales Of
this and last year. which will show that
the shortage of some 1900 hogsheads in
this years sales occurred in the past
three or four months:
January. 1894. 1874 hogsheads: 1885,
2.4g7 hogsheads February. 1894. 2.7A hogs
heads 1895. POP hogsheads. March, 1884,
2M hogsheads; 1895. 2.s2e hogsheads
April. 1894. 2.ls6 hogsheads: 1895. 2,79l
hogsheads. May. 1894. 2.43s hogsheads:
1896, 3.6l7 hogsheads. June. 1884, 39Os hogs