Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-12-25
TOBACCO MARKETS CLOSE
FOR CHRISTMAS HOLIDAYS
Buyers and Sellers Figuring
Up Sales and Purchases
Since Opening. i
o.. PROMISES TO DE nnls1
Reports From Associations Indicate
Crop Already Ifns Been Sold
RIchmond's Sales GratifyinE--ftc-
sumo First Week in January.


The sellers and buyers of leaf to.
bacco throughout Virginia and North
Carolina are enjoying their long
| Christmas holiday, all OF the ware
houses In all OF the leaf markets
| being closed. so to remain until the
| first week of the new year. In the
| meantime the tobacconists are fsur-
Ing up their sales and purchases
made since the opening of the leaf
tobacco selling season, and. incl
dentaiiy. prophesying as to what tho
| future holds for the leaf tobacco
| trade.
| OF course. the outcome OF the CO.
! operative selling movement on the
| part OF tho farmers organisation.
| cuts n largo figure in the meditatfons
and discussions OF the prophets. The
drive for getting the 1922 crop signed
| up for cooperative selling, made bv-
| the Tobacco Growers Co-operatiy,
| Association of Virginia, closed last
| Tuesday. While the returns are not
| al In the associations officials an
nounce that they have heard enough
TO satisfy them that more than Tx
per cent OF the tobacco to be grown
next year has been signed up" and
that tho tobacco producers will have
| their own way in 1929 and for the
| iour years following, the contract.
| signed by the farmers being for a
period OF Ave years from January I.
| The North Carolina association.
! which has not yet completed its
drFe' claims to have something over
90 per cent of next years crob
signed up" and 1t Is expected thar
that association will also reach the
IS per cent goal before the drive
comes to an end.
The Scnson's SuIc, In nt,hu,
The sales OF sun-cured leaf on the
RichInond market during the month
| OF December amounted to goo 42n
pounas' which brought an average OF
slo'62 per hundred pounds. The sales
TOT the month OF December, 1890.
were l.67s.s25 pounds. which brought
III average OF S7.s3 per hundred.
J rue safes Tor the season this year
/ UP TO date have been 1,6I7,eio pound.
which averaged $l6.sS per hundred
pounds: The sales for the cor
responding period OF last yenr wero
s,ol5'TS5 pounds, which ayerared
| S1.S5 per hundred.
| Figures 1Inde Mt Danv;IIe.
| pANVILLG. VA. Dec :..-Oyera.
.ons In leaf tobacco for tho nr..
hoiiday period closed with TUESDAYS
monday and Tuesday the Of
| " - 'AAtuiis CoHSlSSfnK LARGELY
or tobacco shipped In from the
smaller markets and odds and ends
put out for resale by the warehouse
1t Is estimated that about % 49,
cent or the 1921 crop has been sold
| safes on the local market win ra
sumo on January 3. 1922.
safes Tor the month OF December
.asi. 6,o9s,7e7 pounds; AVERAGE
$sl.os; amount paid out, S1.2s2Iaao
sales for December, 1890. 85?, $40
POUNDS; average. $25.52: amount n.;5
out. 32,1ss.o03.6S. pau
os decrease In December. 1921. 2,47e-
sss pounds; decrease in ayerags
100: decrease In amount paid nn,
Total sales for the season 70 a,,.
-o.ooS.l53 pounds: average. seaoI.
amount paid out. s4.7e2.oos.ss.
salcs for corresponding r;,
isso. eS.s2,,5oO pounds: averaoa
900; amount paid out. $7.ss5,Sss7I
decrease In 1874. s,254,3s7 po,,nSs.
decrease In average, $3.50. dscra.s,
IN amount paid out. 33.2Oa.sas ~
rba 80 oi interest to note that whus
ss G market sold OF the 1920 cron
no pounds. about one-half ne
this Quantity. say 2s,es9.ss7 nnnn, ot
SOLO after the holiday season
| IS generally thought thar -,
S ,na, larger proportion =, az
vi crop has been sold I'm
present time than in Lac, .ne
| operations. years