Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1835-03-02
From The Richmond Compiler.
IMPORTANT STATEMENT.

IMPORTANT STATEMENT.
We have been politely favored, by mercantile
house IN this city, with the following letter from
Liverpool containing statements which may he
useful 10 tnose engaged 1T tho tobacco tindc.
1Is STOCK on HAND,
Comprises G770 imported from Virginia,
1850 " Now Orleans
go Other =, r,s
OF this quantity the home trade manufacturers are
supposed To hold about 400 and Irish dealers 800
hids leaving On sale IN the market about $500
hhds and casks OF the following descriptions
20oO Virginia leaf against 800 in 1888
1900 stem'd 4" 1850
100 Kentucky leaf &" go +"
HOO stcmd j." 1000 !"
LIVERPOOL 9Th January, 1885
We hand you herewith memorandum relative
TO our Tobacco market, and note Of present pr.
ces, which may be eiul matter OF reference.
Our present position is simply this, that we find
Ourselves nj the years end with large stock and
rather higher prices Than II months ngo, when the
prospect was understood 10 be Lss promising for
the crop TO succeed then il now is.
During the fall months the trnde have made
systematic resistance 10 the prices which holders
were compelled 10 demand, by buying only in
very small quantities, and generally substituting
an inferior article rather than 80 hey ond certain
price for better, an alternative which we believe
the unproftebe state Of their trade has driven hem
10. The conscqut nee has been constant dull
market, and fewer sales by more than 1000 hhds.
than we had u right to calculate on. In the mean
time Liverpool has received rather an undue pro-
portion of The seasons importation, particularly
strips which gives US very ample supply suited
10 our home trade until the next crop is ready
OF qualities suited for Ielane, the proportion Of
L. ~
mddling qualities these however will be ,esor,ed
TO in absence Of better. The sock, taken general.
ly, comprises large proportion OF keeping quail
ties, and less of an i'll conditioned sor, Than we
remember for many years past
Holders have made all the efforts they could 10
maintain at leas, a steady range Of prices bul ii
Is TO be regretled that these oious have been incl
ectua in advancing them, SO for to render sales
generally profitable upon cost which WINS higher
in Virginia than circumstances eventually justified
As the manufacturers are low in stock, we may
shortly have demand more oetiva from its pre-
yous suspension, and we SEQ no reason 10 doubt
fair maintenance Of prices but advances Gun.
not be looked for under present circumstances un
less aided by speculation, AMI that we can per
cclye no adequate motive for
The new crop ought to sell decidedly lower thar
that OF last year. to promise II fc'nuncrating busl
ness, according 10 our present view Of prospects
in Europe generally, and particularly in the Eng
| sh markets.
Bremen nlluson To the csnxve com
merce IN tobacco Of this fee town with the Unite
Stoles, was made in the Evening Star few month
since The ideas there suggested nov, W
| perceive being verified ". Y Star.
From he Suobian Nercuy
Bremen, Dec. 25-Bremen has bvcome an en-
rcpot for American tobacco aud prnclf ally 10
that Of North America Of which Holland hac
almost TO the present molnent, possessed The mo
nopoly. This is the result of our active ccnneC
tons with the United States. Our annual impo
tations Of American tobacco is ctimnted al 5000
tons. In no other place in Europe dc such exter
sve transactions take place in tobacco.