The times. [volume] (Richmond, Va.) 1890-1903, 1902-01-01


The receipts for the month ending De-
cember 81, 1901. are sci hogsheads and 20
tierces; deliveries, 1,0tl hogs heads and ~
tierces. The receipts for the tilrec months
ending December 81, 1861. 2.i7i hogsaeads
and 50 tierces: deliveries, 3,Js9 hogsheads
and SIT tierces.
The inspected stock on hand on Decem-
Der, 31st was $500 hogsheads and 355
tierceS; uninspected, 1865 hogsheads and
l tierce; total, 9,4I2 hogsheadS and 367
tierces. The decrease in stock in Deem
Der. as per warehouse reports, amounted
to $50 hogsheads.
The inspections for the month ending
Decerlber g. 1901, amounted TO ST hogs
heads and tierces; reinspectiops, 81
hogshcads: total sampIins 6it hcgsheads
and 6 tierces. Total sampiing for the
three months ending December 81, 1901,
2.2Sl hogsheads and "a tierces; for 1890,
III hogsheads and 5eS tierCes; tor 1899,
1.T5 hogsheads and 2S5 tierces; for 1888,
2.S74 hogsheads and 30 tierces: for 1887.
1851 hogsheads and 17o tierces.
DURING TILE YEAR.
the most notable event in the year on
the tobacco market in Richmond was the
meeting here recently. at which was
formed the Tobacco Association of the
United States. The career of this organ
ization started out most auspiciousiy, and
there is every indication that the assocle-
ton will become an important factor in
the to1acco world. Mr.. Z. NJ. Darlington,
of this city, was elected its first president
The Richmond Tobacco Trade was char
tered during the year. The big mtx-up
at the time will be long remembered
The present officers OF the trade are as
follows: Mr.. c. D. Larus president; Mr..
T. NJ Darlington, vice-president: secre-
! tary and treasurer and inspector, Cap
| tain w NJ. Bridges.
There have been few deaths during the
wear Mr. Maurice T. Smith and Mr.,
! Ellis M. Moon are among those who have
/ passed away during the twelve months.
Firm changes have been few Mt
John L. Wingo has taken up Mir Smiths
4 Old stand, and is conducting a successful
business There were several disastrous
! tobacco fires. That of the American To-
| bacco Company of the Hagau-Dart Com
| pany and of the James n. Boyd Company
| are the most notable instances.
Recently the operations OF the Consoi-
/ dated Tobacco Company in England nave
-! served to scare up the local exporters a
| bit They are still asitated over TINS
matter, and there really appears TO be
! good cause for it. There IS no teiilhS
/ where the matter VIII end.
PRESENT AND FUTURE
The situation Of the trades at presept
! in all it's branches, and the prospect u
/ the new year, is admirably set forth IN
! the following statement prepared by Mr..
! r. NJ. Darlington. president OF the o.
! bacco Association of the United States;
! In reviewing the past year In the TO,
! bacco trade of the city. there IS a good
! deal for every one to be entirely salts
I fed with heir years work, ] he cfn-
| mission merchants and dealers in bright
| tobacco have possibly had the most sat
! isfactory trade as there were fairly large
! stocks held here, a considerable quantity
! being held over from previous years
| and as the activity progressed during the
! year. they were able to dispose Of the
/ most desirable of il at fair prices atS.
towards the end of the year. the very
high values paid for new tobacco hiough
to the front the old stock held here and
! the bulk of it has been realized on at
ver.- remunerative prices
/ The dealers in dark, too have done
good business and should nave nothing
/ 10 complain OF. Our manufacturers nave
possibIw had the best years work they
have ever had in quantity, and, notWith-
/, standing their complaint of high leaf,
| they have no doubt protected themselves
! bv a general and proporuopate advance
in the price of the manufactured article
In their export trade. there has pCssib Y
been the greatest increase. The factories
here that make speciality OF this bust
ness have been unusually busy. "htle
| others have come forward with large
| products of this class of tobacco. Nc
doubt the explanation is that with othe!
exported articles tobacco has partaken 81
| a like growth. and there is every reason
to think that as our reciprocal policy i
| adopted and cur wares of every KIND are
introduced in new places. that the pres
tige of Richmond. Va. manufactured y
! bacco. so ably sustained hH the manu-
| factrrsrs now putting it up, VIII kee[
. TO their fullest caDlCity
and what the fullest CAPACITY CT Il fttch
mond tobacco manufacturer is can never
be ascertaned until he has more woEl
than he can do and the chances are Their
he will do it. In this branch of business
lies the best field for development anc
enlargement.
As to the future in bright leaf there ART
so many conflicting factors that it /:
/ hard to give any forecast On tie or.
hand. the planters have every incentive
to plant n larger crop. as prices are high
er than thew have been Tor u any =
and the average prices arc double those
that have been ruling for several FEARS
Tho territory where bright tobacco c7r
be raised is very much increased-East
ern North Caroline an1 Son-s H0~ei;nr
now raising considerable quantities-anc
of the htghor color.
4 On the other hand, we have very de
pleted stocks Of old and Il very small
percentage Oh TIC new CLtO III oSFi-FetS
hands. a very much increased foreign
demand for all the low and medium
grades, and an absence OF farm labor
in the country, which is the CREATES
factor against the planting. of a very
much increased .crop. Manv conserve
tive members of the trade seem to thinl
the high values now ruling VIII he onI'
little If any at all. reduced until moe
II than orc ra~c-n Gro, 6 housed.
In darks there APPEARS no reason FOL
any advance on the good grades. and I'll;
low grades are now 81 high that there j!
ecarceIr- any room for much advance
bur the largo demand for common dart
Iues with a Tan-th If old stool. me- a
send them higher but al prosnostici
tfons as TO the future IL Tobacco az
rnerclv 81 MAN. gucsses. and every &c
bacco man ms 10 r. BY his nwr judS
rent, whether it be good or bad.
"r Iarus' anifion
Mr. c. D Larus. of the INN Of c. y
Larus & Co, tobacco nanUfa stu:ers a1c
the president OF the RichmoAd Tobacco
Trade has the following TO say con@ern
ing the conditions during the past year:
H. t~r,s