The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-02-28
THE MARKET
IS BOOMING.
Great Quantities Of Loose
Tobacco.
THIS THE BANNER MONTH.
More Hauled Here In the Short Month
Of February Than at Any Time
During the Season ~ MIR.
vaughan's Opinion.
THIS THE BANNER MONTH

II Is a remarkable fact that during The
short month OF February Just closed there
has beer, moro tobacco sold on the Rich
mond breaks than In any month since
the season opened-not even excepting
November, when the receipts wcro sc
enormous. K
When the breaks were added UP yes.
tcrday many were utterly surprised
Sales have gone on steadily and nobod,
took particular notice Of the fact thai
the tobacco was pouring in. For one
thing. 1t was more evenly distributed
through the month and hence at no one
time did 1t bank up and glut the market
and thus attract attention. And now
at the CLOSE OF tho twenty-eight days II
is found that by nearly quarter OF o
million pounds the sales exceed those OF
November or any other month since the
season began. The fact is startling, but
gratifying.
During the month total OF 2,123654
pounds was handled. In November, the
next largest month. the sales footed UP
1883, AGO pounds. The difference amounts
Ito 24O,004 pounds The condition OF the
market Is fairly good. According to
the report Of the supervisor. issued yes
terday, bright sun-cured Tugs and wrap
pers were very strong throughout the
week, while low grades kept up at usual
prices. Several crops averaged from s.
to S11.sO around and some sold as high
as $3.50. Dark stemmng and bright to-
bacco are selling at about the same fig
&ures
The total amount OF tobacco sold dur
$50 loT QoS The TO-
tai OF loose tobacco handled during the
season, up to date, amounts TO 7,229o 3S
pounds-an increase OF 2.167754 pounds
over last year. G
MIR. NyAuGHAN's REPORT.
(. hfessrs. l.. B. Vaughan &: Co, proprie-
tors Of Crenshaw Warehouse, make q
most interesting comment upon the con-
ddtion OF the market. They say:
Our market closed with the month &C
tive and strong, on all grades, under
strong demand In spite OF the crowded
cember, and February being the shortest
calendar month yet she takes the lau-
rels OF being the largest sale month OF
this season, having sold for the month
2,123554 pounds, or say A0.N4 pounds
more than the next largest sale month
Total sale for this season, 7.22s, 0sS pounds
as against 5.o71,2S4 pounds same date last
year, or an increase Ok 2,lof.iH POUNDS
Our former predictions OF selling more
this than past season for Is years
we think now beyond question. It is pos
sibIe our Increased sales may be attrib.
uted in part to larger crop. still much Is
due to popular auction sales, when buy.
ers and sellers come In close fellowship
dividing for mutual interest estimate Of
values. Indeed. we know OF no safe
means of getting at values except wha,
the same article may be worth to some
one else. We see no reason why our cap.
ital city may not out-riyal Danyille ano
sell forty to fifty million pounds. We
think it is safe also to say that aue ,tl
sales for leaf tobacco are the "sne gu
non" to the success OF leaf tobacco mar.
kets. No market being on record to tn
contrary, Richmond still holds its wei
deserved reputation for the best tobacco
market in Virginia. 81