Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-01-02
TOBACCO AUCTION SALES
Be RESUMED THIS WEEK
Experts Think Only Onc-Eourth OF
Sun-Curcd Crop Has Yet
been SnIb

Ihc icat tobacco warehouses; OF Vir-
gina anu Norm Carolina were dark"
all OF last week and no auction sales
Of the weed were attempted in any
of the markets. In some % the bright
markets there were Accommodations of
leaf that could not he sold out en-
tircly before the Christmns HOLIDAYS
aud considerable private trading was
done ia these.
The itichmond Warehouses will open
tomorrow and there will be auction
sales up to and including Friday. To-
morrow's sales viii b" altogether of
trights and the probability ia tina,
but iittle OF the day Will be consumed
in tho selling as the receipts or
hriGhts have been very light and IL
is not likely that the stocks already
on the warehouse floors NH br added
to very materially tomorrow morning.
The warehouses do not look for
very large receipts OF the yun-curcd
leaf this week. The farmers sold be-
FORE Christmas very nearly All they
had stripped and made ready for mar
kcting and they have not yet had "a
favorable senSOn FOR stripping more
Estimates and Some Prophecies.
Richmond tobacco men who have
been making inquiry about the CROP
Of 1920 are of the opinion that only
the outside. Of tho sUn-cUr.d tobacco
crop OF 1920 has been sold and that
something like 100000 pounds rnor.
is yet 10 be sold. in this large crop
the proportion Of good 10 fin. Leaf
is very small. the crop being a very
inferior on" generally aud there be-
inG q vast deal OF damaged loaf in
1t * beloved that the lnW grades and
III. damaged leaf cover a, icas, two
thirds. probably more Of the crup re
naming in the farmers hands
Ia thcs. cs.tain times i iy hard
TO proEnosticatc as to tobacco. but
t. t..la |. a.
sun-curcd leaf yet 10 be sold viii
brink 10 the grower much better
prices than hnv. yet been realized on
the crop az 1929 ana tina; tho lower
and common grades VIII certainly sci!
no higher than before Christmas. per
haps not altogether as we'll
The sales on the Rich nd market
IN December We're l.G7S.a-j pounds.
which average S7.g3 per hundred
pounds. The total sales for The three
months ending December - wcrc r.
jiG.S37 pounds. which brought AN
average of sS.22 per hundred The
sales for the same period II lgl:
were i.ooy.ll0 pounds, average S29.l6
per hundred.
The bright leaf market OF virginia
viii resume regular sales on Tuesday
south Iiill ana chase - y report tina;
they look FOR fairly large deliveries.
The Eastern North Carolina markets
viii reopen week later. January II.
Norfolk BECOMES T"bac"" Port.
i Norfolk news letter says:
within the first seven months Of the
present year Norfolk lcupcd forward
L" place as one oi the leading 70
hacco- cities in the country.
the approximate value ~ tobacco and
cigars and cigarettes exported up t.
July ! hciut, $50. 100000.
In the month OF July alone these
| figures were increased through tn.
expectation from Norfolk and Sew
! port Scws 81 tohuccO and tobacco
! products valued by tho custom house
collectors OF the two cities ~ !l3.i2S.
AZ
The bulk OF tobacco exported from
! Hampton Roads consists OF leaf 10.
| bacco. and In one month ~" value oi
;his particular form Of tobacco was
| st.i3S,i2i