The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1918-01-29
WHAT Is THE MATTER WITH THE MAYsvnLE TOBACCO
MARKET?

We know actual tests Maysve is ouselg all the 9th
ers question what the trouble? We told in letter
issued by the Maysvc Tobacco Association during the Christmas
holidays the condition of the tobacco that uncured
fat and sogg But during the last two weeks and
cay the last week. have heard complaint regarding condition
And upon from the warehouses; learn the
dton of the Tobacco whole has been good occasional
condition appearing That puts the question of condition out
the way Then what it? Is the tobacco the maket9
W Did the manufacturers of tobacco know what they could
pay when the markets opened?
( Has the manufactured article declined they cannot a
ford to pay what they did,
(3) Is there any demand for the manufactured article?
(4) Can the factories get the money to pay for it?
5) Is the tobacco much cheaper quality justify this
decline
In the first the Markets opened in August in South
Carolina in September in North Carolina and Virginia In Ten
and southern Kentucky in Novemb in Maysve December
To- They had four months figure find out what they could
1Hy certainly did know and fact the market for the last five
years has continuously advanced above opening sales that has
been difficult for wahoumen to tobacco the opening
kets.
Has the manufactured article decned The for
the twelve months there has been continuous and steady in
all prices There longer cheap chew The cheap
grade of tobacco is selling for is so cents pound The
higher grades for from 81 to $O pound The grades that
selling for so sold twelve months ago for 60 cents2O
pound increase and remember the increase
taxes just cents per pound.
Is there any demand for the manufactured produc9 Wa
learn from the retailers and jobbers of tobacco that orders
filled promptly In fact wholesale have instructed the
travelling statesmen decline to take orders of the most
popular brands they entirely and do know when they
will get any We notice fewer tobacco advertisements fact we
except Cigarettes and Smoking Tobacco and they
ing fewer We do the arg big posters the millions
tin Neither do the salesman Why? The
answer smpehe goods selling themselves And this
line is the business profitable? The smallest earnings
after deductg 26 per and ranging up SO per
cent
Can the factories get the money pay for M The best
they are and is well known fact that their credit is
high the Federal Reserve Banks would discount practically unm
tied paper-cerany enough and more
their requirements
And last has the quality declined enough from opening
to justify the decline? From $3.50 about $2 for the past week
We notice grade for grade the highest type of smoking and cigar
cite wrappers there has been practically decline But all types
of chewing tobacco and medium smoking the decline has been from
So to $lO If tobacco good enough be put in the grades why
the decline? Wheat that grades No. entitled to price regardless
Of how much and grower have So if tobacco good
enough for grade the certainly entitled to that grade
price,
If there be decline conditions fact we are
informed by the various sales that they grading
closer since the decline than they did the opening sales We
also informed that the low grades selling much cheaper than last
Now the question arises What the Cause Is according
to advertisement appearing in Saturdays Courier Journal SIS
Kentucky to be the GOat?''
The southern crop the largest in its history 1t has been sold
at an advance of from IA to Is pound We selling
at an advance of cents per pou The Buy crop is least 25
per cent short OF last The demand for tobacco Is
If North Carolina entitled to from IA
on big why not entitled to the advance short
We know havcno good average crop year.
IS not any 10 cents pound less and if does anybody be-
eve they intend to reduce the price of the manufactured
proportonay On the contrary they constantly increasing
We got 1922 last IA advance would be %
getting the $2l22 Where is the justice hsf Tobacco
at present prices is the cheapest farm product in the country
Mr. Manufacturer doesn look out he oveshoot
OF efshness and kill the that laid
ing the cutting out of another crop He did think would
before but it did all right and necessity for it
than there thu.
Who to the next crop tobacco in Mason and adjoining
counies Already than half the
to the army placed class and will be gone
of tobacco be grown The outlook half crop
not good There neither justice the present situation
and unless changes farmers ought rehang hold present
crop.
Charles Esenman chairman of the supply committee of the
Council OF National Defence nmates that he will that posi-
ton consistent with due regard the safety of the
Mr.