The times. [volume] (Richmond, Va.) 1890-1903, 1902-08-14
A. I. COMPANY
BUYS HEAVILY
Making Big Purchases Of To-
bacco.
AMERICAN VERSUS IMPERIAL
Tobacco Market in England Very Quiet
Messrs. Reed and Thomas Max
ing a Tour-The Local Trade
Statistics.

According 20 reports received here
heavy purchases Of tobacco are being:
made by the American Tobacco Con :
Dany on ali Southern markets whcl
have UP 10 this time opened for bushes
The trade now IS mostly confined 20
South and same parts Of North caro-
lima, where bright tobacco is grown.
The dark markets Will not open for
some time yet. In South Carolina bust
ness is being done right along in brights
and the greatest interest is taken here
IN the trade. as It is the first time when
the Imperial Tobacco Company. the
British trust. and the American Tobac-
co Company. the American trust, will
appear against each other. Every to-
bacconist here is anxious to see just
how the two viii show up.
Hence the news that the A. 7. Co. is
setting out to buy a lot of tobacco is
exceptionally interesting. 1T is not
thought. however that this is being
done with a view to Keeping the to-
bacco away from the Imperial. The
American is really In need of all the
stock it can lay in. and is buying for
and ,Ee only. The Imperial also
needs tobacco. and will doubtless also
go in for II heavily. Between the two
prices ought to take q pretty high stand
The circulars being received here from
British commission merchants agree in
the statement that the English tobacco
market during the past month has been
exceptionally dull and quiet. Messrs.
John c. Muller & CO., Of Billiter Square.
London. comment upon the situation as
follows:
business both in this and the Liver
pool market wns extremely quiet during
the past month. sales with very few
exceptions being entirely Of a retail
character. Towards the close Of the
month a LITTLE more inquiry was notice
able for h!ights but with the scanty
stocks on band the difficulty is to sat
isty the requirements of buyers.
The prices in London and Liverpool on
Virginia tobacco are as follows:
Virginia Leaf-Dark. short and COM
mono 2 a: dark, medium to good. 81
to 81: seni-bright. TO Z; medium bright
to good. ~ TO II; fancy yellow. 111a TO il.
Virginia Stemmed-Dark, short filters.
5l-4 10 51-2; dark common medium, 5 ga
to 6l72; dark. good to fine, to 91-2;
semi-hreht. 6 ID to S; medium bright to
good sl-2 to II: fancy yellow. II IL to
Is.
in London on July 31st the stocks OF
Virginia and western tobacco on hand
amounted 10 3l.Si, hhds. against SG.179
h',e3e for III corresponding month OF last
year showing a decrease of 4,33o
hhds In Liverpool the stocks amounted
10 %, S9i hhds against 1899 hhds. last
year showing an increase of 1855 hhds,
Messrs. Wexford c. Reed. A. F. Thomas
and Z. l. Carlton all of the Imperial
Tobacco Company, are making the rounds
Of the Southern markets and met at the
49, 1,,.'-,- * CO sales last week. Mr.
G. T. Patton has the Imperial business
at that place.
The Cigar and Tobacco World says that
the Bishop of Mashona1and has written
the Imperial Company of great tobacco
culture and sale and manufacturing pos
sibilities OF South Africa, now dormant.
The territorial development, adds the
bishop. might prove a solution OF the
problem. which the Imperial combine is
now so bravely facing.
The following statistics of the tobacco
trade in Richmond have been prepared
by Southern Tobacconist:
Receipts ten months to July, 81, 1901:
1858 hhds.: 1897 ties. Deliveries. al
hhds: 1853 ties.
For 1902: Receipts. 1857 hhds.; 2.eol ties.
Deliveries, "a $50 hhds.: 2669 tcs
Stock on hand July q. 1901: 1905 hhds.:
Oh tics. lul,- 81 1902. 10. ~ hhds.: 553, ties.
Total sampling ten months to- July 3.
1901. 1874 hhds. To July 81, 1902, n,724