The times. [volume] (Richmond, Va.) 1890-1903, 1901-02-21
HAVE Writ UALLY
DECIDED TO YIELD.
sheIburne and Creushaw Warehouses
Have Not Yet Finally Announced
Their Decision, However.

The Crensl,aw and Shelburne ware
houses have practically decided 70 sieiu
to the proposition of the Loose Jopacco
Association OF Richmond and to sen
tobacco on their noers accordins 70 .ne
regulations prescribed by the ASSOCIATION.
Their final decision in the matter has not
YET been announced. but will be givea
TO The buyers after a conference 20 De
held by Mr.. Vaughan. of Crenshaws,
with some persons interested IN the con-
duct Of his warehouse.
Whatever be the ultimate determination
of these two warehouses. they VIII act
In concert If one yields the other will
.,;,rsue q like course. and the same will
= he the case on the other hand.
The meeting Of the Richmond Tobacco
Trade held yesterday at u o'clock was
:, lengthy one. Mr.. +. d. Williams.
chairman of the committee appointed by
The Trade 10 secure q charter from the
the defeat of the bill providing for the
charter. and attached the blame of the
same TO the opposition Of Mr.. Silas Shell
burne. one of the proprietors OF Shell
burne warehouse.
Mr.. Sheiburne. in a statement made
later. said he had nothing with which TO
reproach himself for his action In the
matter. He said further that he was
not the only one who opposed this char
ter but that other members OF the Trade
were against it.
Mr.. Williams. on the part Of the buyers.
said while they were still members OF
the old Trade, they held themselves
bound by the rules of the association,
and while in attendance on yhe meeting
would act with Difference to this tact-
This statement precipitated a lively dis
cussion which ended in the withdrawal
OF the buyers, who repaired to the Offices
of E. o. Noting. Sons &s Co. to await
the proposition from the Trade
The proposition came in time and was
This: Tint the buyers withhold their ac-
ton for the present and let the rules for
unlisted by them go into effect next Oc-
tober- This the buyers refused to do and
declined an any instance to recede from
che position already taken by them The
Trade then referred the matter to the
Board of Arbitration. one of its institu-
lions. but again met with a refusal from
the buyers. who said that they would not
submit to the boards decision in the mat
Ter or ~ any decision that was unfavor-
able TO them. And there the matter stands
so far MS the buyers are concerned.
The discussion OF the subject before the
Trade was long and heated. Many sug-
sestions were presented and many mo-
lions made. but without result. 1t was
moved by one member that the buyers
WHO are GIleEUDeIS Oh the t1SSOc1lIlOO DE
expelled from the Trade as disregarding
its rules, but the motion, it is understood.
was without a second and was not voted
upon.
TIE association. on the other hand, de-
casres that it viii stick by the position it
has hallen in the matter. A prominent
member said yesterday that they did not
wish to withdraw from the Trade, but that
IL the latter would not agree to the rules
suggested and enlbody them IN its by-lnws.
the association would secure a charter of
its own and proceed to a permanent or
ganization.
The whole situation hangs upon the de-
cision of Crensinw and Shelburne Ware
houses. liz they submit, the fight will be
at an end and the Richmond tobacco mar
hes will proceed on tha even tenor of its
way If they do not, the Board of Arhi-
1Iaiion will meet; il the matter cairot be
decided there it Will be carried before the
Board of Managers: and finally. if still
unsettled, wiz occupy the attention OF the
assembled Trade
Outside of Shockoe Warehouse but little
loose tobacco was sold ON the Richmond
market yesterday. Shelburne Warehouse
didn't even make the attempt, and Cren-
shaw had only a small private sale Most
of the tobacco it had on hand was sent
to Shockoe Warehouse, which Ind a sale
of 47.772 pounds, The highest price being
90 a