The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1919-04-04
THE FARCE OF FIELD BUYING.

If there was any stable argument IN
the present day retail prices and mar
ket conditions of the tobacco and cigar
trade to warrant the assertion that
these warranted the radical drop In
prices offered for the raw crops, the
grower might look with reason upon
the treatment he has received at the
hands Of the buyers. True a goOdly
number of growers were fortunate in
disposing of their crops on early con-
tract, and it is equally true that hum
dreds of other contracts were made at
equally fair prices, only to be rejected
upon the time specified by the buyers
for delivery. Many farmers in this
part heard last week from buyers, de-
clining to make good on their contracts.
It would seem that it would be worth
while for the growers to organize, pool
their interests and make impossible
recurrence of such practices. A test
case too would be worth its cost to as
ceftain whether contract may be con-
sidered at the option of the buyer
mere scrap of paper or whether the
contract can be held by both buyer and
seller, and later broken by the buyer
to suit his own convenience and to save
him from possible loss upon changing
market conditions.
The above is reprinted from the
Brodhead Register and doubtless re-
fleets the prevailing sentiment OF grow
ers in that vicinity.
There isn't the slightest reason for
fQcf
that business is generally quiet IN the
tobacco trade, = declared prominent
packer and importer a few days ago.
s'The tobacco business is not an every
day business, anyway; 1T is a season
able business, and the bulk OF the sales
are generally made within very short
period of time. Everybody gets busy
at the same time, and everybody gets
the bellyache at the same time. 1t
might be better if it were the other
way, but it is fact that manufactur-
ers always buy when there is big de-
mand, and lay off when the market IS
dull We are in one OF those In-DetWeen
periods when there is nothing doing.
Ordinarily, this would not cause any
uneaslness, but the nervousness that is
observed now is due to the fact that
we are in transitional state from war
to peace, and every one wonders II
things will ever get normal again. Of
course it will, but the average leaf
dealer is nervous. He never had TO
contend with conditions exactly ike
these, and when we are travelling an
unknown road the distance always
seems longer than it is. AS see 1t,
things are gradually adjusting them,
selves, and sooner or later we will hnd
normal conditions again. ~. 5. lob.
Journal.
The leaf tobacco trade seems to De
unaware of the fact that the last IN
ternal revenue law, recently passed Dy
Congress and signed by the President on
February 25, contained clause requlr-
| ing leaf tobacco dealers to file BOND,
with the collector of the district IN
which their main place OF business is
| located. This bond must be In sum
such as the collector may require, but
not less than $500, and must be filed Dy
April /. The dealer is not obliged GO
| file bond in each district in which ne
NAV have warehouses and other places
of business, but will be furnished Dy
| the collector with certificates, to the
effect that he has complied with the
| law, which he may post in such places
of business as he operates IN ADDITION
| to his main Office.