The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1904-12-10
.ALL RECORDS
ARE SMASHED.
More Than a Third of a Million
Pounds Of Tobacco Sold
Yesterday.
ALMOST A MILLION A. WEEK.
Not, Less Than Fifty.
five Thousand Dollars
Distributed. 8s

Yesterday was a record breaker OIL tho
Richmond leaf tobacco market. the total
sales for the day agglegatlng from $4,000
to 10000 pounds. The sale began at stone
wall Warehouse at a. NJ, and continued
until s p. NJ, when tho sale at shelburne's
was concluded. and with 1t the days
breaks.
The warehousenen were too busy all
day to figure UP the total quantity sold,
and it can be Appropriated only. Every
warehouse was filled almost to It's eA-
tre,ne capacity. shocleoe's floor had upon
it CPS piles, making an estimated total Of
10000 pounds. Shclburnc's was next,
with All piles, and n total OF about 100000
pounds. Crenshaw's Planters Warehouse
sold 22S large piles that would ngglr-
gate in weight about $4,000 pounds, and
Stonewall had 1873 piles, aggregattng about
i5c6. In short, 360. 600 pounds is fair
estimate for tho days total sales at all
the houses.
IT was aftcri3 y. NJ. when tho sale began
at Shockoc, and In Just ono hour and
forty minutes Auctionecr John Valentine
had concluded his work, amctioninG al
lots III just one hundred minutes. All
average Of nearly four and one-hnlf a
minute, or more than $50 sales all hour.
The young nuctioneer hustled through the
strain or work and finished little the
worst for wear. Sales ut the other houses
were nearly or quito as fast shockoe
selling its G26 piles after the sale at Stone
wall and finishing up bys1 z. NJ. 1t was a
long and hard days work for everybody
connected with the worll--warehouseme
auctoneers, bookkeepers, laborers teams
sters, and even the buyers themselves.
j t was q hard finish to the busiest week
OF the season.
Nearly a Million Pounds.
The quantity sold during the week can
only be .approxinla ted, but was III the
neighborhood Of 9oo, 900 pounds, Shockoc
Warehouse leading, with Shclburne's Il
close second, Grenshaw's third and stone.
wall fourth. This 100000 pounds was dis
posed OF at an average of s cents a
pound, and it almost certainly eQuuledl
that figure, which would mean the dis
tribution among the farmers selling here
during the week OF about $4,000. The
bulk of this Is spent here among Rich
lnond merchants. This same tobacco. rs
soon as sold. is hauled to the factories
Of the buyers, where 1t goes through.
various processes OF handling. asserting,
or1sring, bulking, packing and pricing
or manufacturing. All of these processes
employ thousands of persons, and mean
the payment in wages and salaries Of
many thousands Of dollars, practically all
OF which is spent I'm this city.
These roughly approNimatedlf figures give
some idea of the prominent part which
tobacco Is still playing in tho industrial
tlih, Of this community. Despite pessinlis-
| tic criticisms Of combinations, the work
| has TO be done, and thousands OF persons
mre employed In doing It. and many tllou-
sands Of dollars are paid out every week
in this city. Then. too, the benefits Of
te- Inv, -Hcry, Ia fnhHPr0
warehouses are felt throughout eight or
ten counties, and quicken every avenue of
business there and in the cities.
Next Weeks Sales.
Thsf sales will be resumed next Tues
day morning at 10 O'clock and will con-
tin,Le through the week, ana again during
the Following week, until December e3d
when the Christmas holiday suspension
intcrvencs to give all hands a rest.
Tho large sales OF leaf tobacco have
given great impetus to the Christmas
holiday trade for many OF the tobacco
growers went back home laden With
goods, leaving a. large share Of lcauiyal--
lent OF their crops here.
notwithstanding the heavy sales yes
terday and during the week, there was no
sagging tendency, In prices. On the con-
trary, prices for almost all grades arc on
, tho upward trend Two OF the largest
buyers stated during the sales Yesterday
that prices were higher at the close than
at the beginning Of the week. This means
that there, is a great and constant de-
mand for stock by manufacturers and
dealers. The highest price yesterday was
so. 80, at Shockoe Warehouse, Shell
burnc's had a salefat s2o.5o. and all the
warehouses sold al from $40 to 81 or SIS,
It was a great week for all parties, and
the planters are as well pleased as the
warehouSenen.