Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1831-03-07
TOBACCO MARKET

Wa have been kind,y favored with the fol
,ounoe interesting letter, addressed 10 gen
tleman of ihis place. dated
LIVERPOOL, 9Th Jan. 1891.
Herewith beg leave {" nAod you our r,i
ces Current and usual annual statement 'e'a
ing TO this Tobacco Nafkei
During the past month wa had fair demand
for home consumption nj the picsiops euffen-
cy--but the sales for ireland were limited.
| he months business sums up about eoo mos.
Tue prices Tor Virginia slammed were oaao9a
for middling. 4 u At Tor good and ~ fsd tor
fine, ~ small quauiities-ior leat a3a. ahd en
der for If.laed---a few good u III, Hnd common
exports % n 2Ad-kentacky stemm Ell NJ
I3ld,
The sales of the whole year may be summed
up as follows:
300 hhds. Virginia leaf and $500 stem'd.
6oo hhds kentucky Leaf aud 900 s's"d'
Making total Of 5000 hhds. against 90oo last
year.
The distribution is thus, az neaiiy ms eau be
asCeTtDined
To the Mena's 1900 IN 80. az 81 800 in 20.
I,sh trade $500 iooo
Exno,t. 1900 1870
For scotland 100 400
Spectators 600 sioo
| upwards ot 5000 hhds'
Tho ven. delivery IL less than The .mfes.
| by ABOUT 600 hhds wh,eh constitutes the oAcess
oi Stock compared with this time last year
| The supply IN Ireland and Scotland 10 much
the same--l he aggregate Stock oil the U""ed
| knrdom Is computed nj 1000 hhds. less--nnd
on the Continent we are led 10 expect rcdue-
non OF II $4,000 hhds
Our home tree demand has been ienguid
| Ine xhnIa mi n & q
Wiling TO lay In stocks, having pnt chased but
spaiugly tor present wants. 1his onGum-
stance, coupled WITH Increased importation and
| much impptirnce Tor early sales, produced n
1ull aud declining market, Whit The abnn-
dant assorl ment Iendeiel parcels not surety
sunahle, OF very d'ii ull sale
! The manufacturers ara accordingly very
Ipha in stock, aud We ,nay 10 III from this
su,ce Tor regolar, II NOT sst.nsiye demand
earl, this yehf.
" anticipate an improved trade with Ire
land rom he adoption OF restrictions upon ia
diRenous gtowtb, which are NO" IA con- "p'R-
ton Ihis would render common sound 'aal
81 ,cHh,rt sal, ior winch n TOO frequently
happens, we have no resource oul chpo''a'o"
ut ru,nou prices. Much Tobacco IS sent her'
Tor which We have literally no market, aud IN
ante of any orders or endeavors TO the contra
~, IL remains most iediou'y on hand I'll N
chance order lakes IL ut our lowest quotation,
OF The day.
A reduction in the duty on Tobacco general
Nv of one third or more Is considered probable.
In this case we shall not require one half tn"
recent supply oil Strips, and that of thu higher
qualities ordinary viii be unsal,sble.
In such tunes AS these, with ample Stocks on
| hand, and ~ appearance OF scarcity IN fhture
snpply, any AID nom speculation Is hardly u
b. anticipated, aud wnho II IL there seems no
PROSPECT ri any material fluctuations IN Iobac
ca during the present year. There ~ nothing
To wni,nnt high Ir'ces in America. but at mo
derste ones thsre IL no reason 10 doubt thn'
Iudi ,ous purchasers may meet with lair rsmu
ne NEUTRALITY-SUSPICIOUS. shipments. however
Wit op any care OF judgment IN selection,
" III rarely hnd Liverpool. 30 limited mar
k,t rood nne 1Eis IS Bn error rs common
oil late y.nrs bs Il has been unfortunate.