The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1921-01-28
NOTE BOOK SKETCHES


past year carries with it an under
tone of encouragement for all engaged
in the culture and handling of tobacco.
The demand for the manufactured goods
was better in nearly all lines of tobacco
products than the years gong before.
To judge by the dividends declared by
the big corporations, the profits must
have been reasonably good, in spite of
the high cost of the raw material, the
taxes, and the increased cost of labor.
The present dullness in the market is
evidently not caused by losses sus-
tanned in the past, and a lack of means
to carry on the business. The cost of
production during the present year is
going to be lighter all along the line.
The warehouse help is lower; it is GO
ing to cost less in wages for putting up
the crop, and the help that is now
working on reduced wages is doing
more and better work than under the
high wages and shortage of labor ex-
perienced last season. The saving here
is going to be considerable. Further
more, the cost of cigars and tobaccos
to the consumer during the present
year does not show any tendency to re-
cession. These considerations tend to
strengthen the impression among the
growers that the manufacturers and
big packers will eventually take the
unsod portion of the 1890 crop at fig
ures that are right, considering the ma
ture and size of the leaf. The hope to
the grower and packer of the type of
tobacco used for expert is that our for
eign trade will take turn for the bet
ter. In the past about one-third of the
tobacco crop in the United States has
gone to foreign market, some years
more, other years CESS. The economic
and financial chaos and exhaustion of
the European nations after the war
have been SO marked as to practically
cat off this source of an outlet for our
products. The III. S Tobacco Jour
nal in an editorial on this matter says:
~sUnquestionably the deadlock in the
export tobacco trade OF the country is
only temporary. Europe is striving
with might and main TO get her balance
and recover hex financiaf and industrial
MoQting that was lost through the waste
and Destruction Of wac AS she PrO-
crosses in this direction she will be
constantly better custegaer of the Umit-
ed States And the foreign demand,
added to the rapidly growing domestic
consumption of tobacco products, will
undoubtedly make tobacco raising a
profitable industry in tiE9s country. Pos
sibly the prices paid for the, 1929 crop
will not be very renaunerative to the
farmers, bstt their case is no different
from rhoasaads Of otS2er business men
heavy stock of high priced goods on
hand when eRe market fell.
x**
The effort sof the Bureau of Markets
of the u S. department of agriculture
| to establish Standardization of tobac-
co leaf, and on the basis of such stand
ards to establish licensed arehouses
throughout the country for the storing
| of leaf, and extending credit on it, IS
going forward Hearings are held in
many tobacco centers to ascertain the
views of growers, merchants and man
] ufacturers The Tobaego Leaf in an
article on this matter explains the ben
efits of the Warehouse act as follows:
Under the provisions of the United
4 States Warehouse Act, the Secretary
OF Agriculture is authorized to license
warehouses for the storage of cotton,
grain, fax seed, wool and tobacco. The
chief purpose of the act, with respect
to tobacco, is to establish system of
warehouses in which tobacco may be
safely stored and through which the in
dustry can more easily be financed and
tobacco more advantageously marketed.
To accomplish this purpose, the act is
designed to provide form of ware
house receipt which will be readily ac-
ceptable and widely negotiable as Sc
curity for loans. Any warehouse that
adequately protects the tobacco stored
therein may be licensed. The regula-
tlons under the act provide for inspec-
tion of the premises at irregular inter-
walls, examinations of the commodities
stored, and observance by the ware
hOuseman of standards of business
practice.
The opening on the rev year of the
cigar factories throughout the country
indicates that the demand for cigars is
keeping up, and that the call for ma
terlal must continue.
New England, Florida and Georgia,
all states where the growers produce
wrapper tobacco, are pushing an in
creased duty on that type of leaf I'M
porters of Sumatra and Java tobacco
are putting up fight against an in
crease. The Tobacco Merchants asso-
citation also voted against an increase
in the tariff.
the Kentucky loose leaf market |
opened again Jan. IL on the expecta- |
tion that nrippS of fha 1000 RurIav