Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-11-30
HE PRICES CONTINUED HIGH.

DANV1LIE, VA. November 8.-(Spe.
ciaL)-The weather for the past week has
been unusually favorable for handling leaf
tobacco. The very high prices at which
the weed is selling on this market havs
proved sufficient inducement to the farn-
ers to bring their product here. The ware
houses have been crowded each day
OF the week, the congestion being even
greater than that noted earlier in the
season. The roads leading to the city
have been lined with wagons, each load
ed with the weed and each making Its
way to this. the greatest leaf market
in the wcrld. When the sales closed this
afternoon the warehouses reported D.
100000 pounds sold. and yet no day did
the sales block. The facilities for hand
ling the large receipts are superb. There
is never any unnecessary rush Or con-
fusion. The warehousemer have their
business we'll In hand, and understand
how to dispatch it with accuracy and
promptness The corps of employees at
all of the houses are well trained men.
any time forgotten.
"A Great Center of Trade.
If the farmers. when In the city, would
trict. and see the tremendous plans al
ready in operation. and the new and
large houses now In course OF constTuc-
tor and which Will soon be ready for
the reception of the weed, they would
not be slow in recognizing where their
interest lies, and WOULD not take dis
tances into account when their tobacco
it to be marketed. The majority Of the
tobacco houses here are owned and con-
rations in the country. The n1anufac-
turers are coming more and more to see
that it is to their interest to erect plants
here.
Lower Prices Coming.
It is predicted that the long season OF
stiff sales has about neared It's comple.
ton. The flood of the weed on the mar
ket and the consequent congestion OF tho
sales. has brought about a revolution that
will surely lead to lower prices. rh.
protracted glut on the market was bound
to entail such result. In the history
OF the tobacco world such another season
as the present cannot be remembered.
Manufacturers have already instructed
their buyers to make purchases as tight
as possible in anticipation Of lower prices
Is 1t confidently predicted that there will
be fall In the market quotations within
the next day or two.
Offerings Remain Unchanged.
There mas been little or no change to
note in the character OF the offerings.
F'illery grades of the mahogany types con-
tinue to predominant. While this grade
continues to show up literally. the de-
mand seems sufficient to take 1t all. The
prices paid appear to be entirely salts
factory to the seller. The deliveries on
the floors continue to Increase. Common
and nondescripr grades have eased up
some little, and are not SO closely
watched. This state OF affairs is largely
attributed to the tobacco being marketed
IN soft condition. The farmers are strong
" urged not to save suckers There II
no demand for them by the trade.
Scarcity of Wrappers.
pers In this weeks offerings. Whenever
:lesira BILE lots showed up on the sales they
were quickly taken up al outside figures.
Large receipts arc looked for next week
IL the sea son continues favorable for
handling the weed in the barns.
II the farmers would look to their IN
terests, they would readily see that COM
tinueG heavy receipts do not tend to
strengthen prices, and that little LETT
up in the deliveries would certainly make
the bidding more spirited.
PERSONAL.
The market has been greatly strength
cned by the appearance or the breaks
Of Mr. ]. L. Edmunds, who Is now buy
ing freely for his Canadian order. Mr..
Edn1unds is purchasing particularly good.
strong colored filters. This order Is also
strong on certain grades Of wrappers.
Mr.. Fielding Walker, who Is now To-
Gated on the GreenviIle. N. c., market.
was In the city for short time this
week. The boys were eli glad to shake
hands with him. Mr.. Walker spent the
greater portion of his time on the sales
Mr.. E. B. Fic!rlen, another Danville boy
now located on the Greenvllle market.
stopped over for short while to see
what was going on in tobacco circles
here. The trade is always glad to see
him.