The Bourbon news., 1912-12-13
Tobacco Sales Open In Paris.


With the highest prices of the sea-
son prevailing and with large and in
terestgd crowd present. the loose leaf
tobacco market was opened in this
city Tuesday morning at the ware
house of the Bourbon Tobacco and
Warehouse Co., in Barns Addition.
Prices obtained were highly satisfac-
tory to both the officials of the ware
house and the sellers and buyers were
well pleased with the offerings.
Fully two hundred thousand pounds,
some of it the choicest product OF the
county were offered in various quanti-
ties and every hand was disposed Of by
the time the sales closed in the after
noon. The prices ranged from $4 to
S4U per hundred. the latter price be-
ing obtained fol a small quantity OF
the choicest cigarette leaf.
The sales were opened formally at
ten o'clock Tuesday morning, when
Hon. G. M. Clay, president of the
Bourbon tobacco and Warehouse Co.,
on behalf of the officials of the con-
Germ delivered short address to the
buyers and visitors. His remarks
we're happily tec,ived. In the course
IF ais brief address Col. Clay thanked
the growers for the confidence they
displayed in the local concern by con-
signing to it their product and gave
the assurance that the prices obtained
would be the equal of any secured at
any sales warehouse in the state.
He said that at great expense local
capital mad erected the gigantic sales
warehouse in this city. and that its
success depended in great measure
upon the growers. and the only way
for them to contribute to it was by
furnishing tObacco for the local floors.
He predicted good market and satis-
factory prices for the product provided
the growers would supply the demand.
Mr.. Kenney Nichols. of Paris, man.
ager of the concern, took charge Of
affairs at the conclusion of Col.
Clay's remarks, and had direct charge
of the sales until the last pound of to-
bacco was disposed of. Auctioneer
George Gibbons, of Lexington, and
Col. George d. Speakes, of Paris,
conducted the sales and succeeded in
disposing of the unusually large
amount of tobacco at prices that have
not been exceeded by any market in
Central Kentucky.
Representatives of the American
Tobacco Co.. P. Lorillsrd Co., L.. Pet
ty Co.. j. P. Taylor Co., Light e.
Myers, r. j. Reynolds Co., and others
were present. Bidding during the day
was spirited.
The highest price obtained during
the day was realized upon consign-
ment OF j. w. Thomas. of Bourbon
county. The haskell contained less
than hundred pounds. but beIng of
the very finest bright leaf, scared Ito
the highest point after spirited bidding
and was knocked off TO d. w. Peed, of
Paris, at the rate of $40 per hundred.
About the hi CHEST average of the
day was made on the crop of Hutch
craft and Linvile. The consignment
was offered in twenty baskets of va
rious weights and was sold at prices
ranging from Is 1-2 TO 20 l-2 cents per
pound or an average of SlS II per hnn
dred for the entire Gro. Another crop
belonging to Hutchcraft & Kern, con
tanning ii baskets, was sold for an av
erage of 16 cents per pound.
The second highest price received
on single basket of the weed was
S2l for portion of the consignment
of Talbot and Biddle, of Bourbon.
The offering was of fancy bright leaf
and went to the buyer for Light &
Myers.
Henry Caywood of North Middle.
town, who had consigned an excellent
crop, disposed of his holdings at pr :
vate sale and when it went under the
hammer it brought an average of S1S
| per hundred.
Carl Williams, of near Paris, receiv-
ed an average of l6 cents for his crop.
Pat Burke had crop which brought
an average of Is cents per pound.
| Among the other crops which
brought good prices were those of
John T. Hedges, James Mcclure. w.
H. Whaley, Jr.. Brent and Burke, ia
cobs and Stewart and Buckner and
Claypool.
The first sale of the day was a bas-
ket from the crop of Israel Jackson
and was knocked off at IL 1.2 cents to
Buyer Patton, of the r. j. Reynolds
Tobacco Co., and the second offering
from the same crop was bought by
Buyer Coleman for Liggett & Myers.
at the same price.
Of the total of2 10000 pounds offer
ed at the sales Tuesday not single
basket was rejected.
| 1t is stated upon reliable authority
that the prices obtained for the tobac-
CO Tuesday was at least 81 per hun
dred pounds higher all around than
the prices obtained for tobacco on the
Lexington market this season. or at
the sales Of any other warehouse in
this section. This sentiment was
voiced by large number of growers
and buyers and as an evidence of the
confidence of local producers in the
Paris warehouse, one grower who has
large amount of tobacco in Lexing
ton stated he proposed 10 haul his to-
bacco to Paris and put it on the loca
brakes.
Allison Graves, of Louisville. in
charge of the American Tobacco
Company in Central Kentucky, anC
at the head of the buying force was
visitor on the market Tuesday.
Most of the tobacco offered was
purchased by the leading concerns o1
the country and was shipped imme