Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1936-10-22
CHINA TO PURCHASE
MORE U. S. TOBACCO
Only 100000 Pounds of
American Leaf Sent
There Past Year
BUYING POWER RISES
increasing Demand for SFlue-Cured
Leaf Mixtures Also Observed;
Chinese Crop Is Larger
This Year, However

Washington, Oct. 22.-Prospects fol-
much larger exports of American flue
cured tobacco to China during the
year beginning October /, 1886, than
last year were reported today by the
Bureau of Agricultural Economics
Chinese imports of American flue-
cured leaf during 1886 amounted
to only 20,000,O00 pounds.
The expected increase is the result
of a general improvement in Chi
nese purchasing power, an increas-
ing demand for cigarettes in which
flue-cured leaf is used, and to low
stocks of American leaf in China
Further depletion in Chinese stocks
seems unlikely in view of the fact
that they have already reached alb
normally low levels, according to a
radiogram from the Shanghai office
of the Bureau. Moreover, the present
upward trend in prices for Chinese
tobacco is narrowing the spread be-
tween the price of American and Chi
nese flue-cured leaf This is expected
to continue as the season progresses
Prices now being quoted for new crop
Chinese flue-cured are materially
above prices quoted a year ago, ac-
cording to the radiogram.
The 1895 Chinese flue-cured. now
being harvested, is estimated at 1885,
100000 pounds compared with 155, 000,-
900 pounds last year. The quality of
the crop is superior to that of last
season. Because of the low stocks, i'm
proved quality and good demand,
nriRnC in 10
ed to average higher than a year ago.
The quantity of native flue-cured
leaf available for cigarette manufac-
ture in China during the 1936-37 sea-
sen is estimated at 130,0O00OO pounds
according to report This figure is
obtained by allowing for redrying
loss of 100000 pounds and estimat-
ed exports OF c3 0Cc 900 pounds, prin-
cipally to Marchuria and some to
Japan.
The 1869 flue-cured requirements
for cigarette manufacture are placed
at 1SO,000.000 pounds. Chinese leaf
from the 1885 flue-cured crop will sup
ply 1200000O0 pounds of that amount,
and native sun. cured leaf about s.
100000 pounds.
This would leave 45,000000 pounds
to be made up by imports, assuming
stocks are not to be depleted further
About 100000 pounds of such i'm
ports would be from the United States
according to the message.
In the season just ended 10000 900
pounds Of the 155,00O,00O pound Chi
nese crop were available for cigarette
manufacture, the redrying loss hav-
ing amounted to 100000 pounds and
exports to 100000 pounds.
Last years total consumption in
cigarettes, however, reached 175,000,-
600 pounds. To make up the differ
ence between that amount and the
100000 pounds available from the
1885 Chinese crop 31,00O,OOO pounds
were withdrawn from stocks, 22,O00,-
00c pounds were imported, of which
100000 pounds came from the Unit
ed States, and 100000 pounds Of
native sun-cured leaf were used.
Chinese economic conditions have
improved during the past year be-
cause of monetary sterilization, re-
latively quiet internal political con-
ditions, improved transportation and
credit facilities for rural areas, and
increased exports of Chinese products
1936-37 due to enlarged rural purchas-
ing power resulting from good crops
and better prices and to increasing
industrial activity in the cities, says
the Bureau.