Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1842-02-10
TOBACCO IN ENGLAND.
From u Loudon Letter.
l.oSDoN, lO7 FENCHURCH STREET, }
January LIST, 1872

'''''''-'' ,
January LIST, 1872.
SIn-At the commencement Of lS4l the stock Of 10
bacco in Europe II $50 hhds below average of
The nine years ending with 1899, and 1902 less than In
lslO, and as the crop America was not expected to
exceed that OF le9, prices generally, were well support
cd during the Spring, but circumstances ayong early
receipts the various depots in the United States the
shipments 10 the Continent Were made IN accordance.
and arriving more rapidly than usual led to the impress
son that the supplies would be extensive than be
fore represented, and being known that extraordinary
efforts rad been made produce large CROP foreign
ders withheld and had it no, been for the probabl
ty of rupture wilhihe L. States, PRICES here would
have rcccded earlier than they did but the political posi-
ton of the two countries, and the unavorabe weather
Tor the esowng crop caused much uncertainty in the
minds Of all concerned anda i.crvas. sune nuctu,on
in price In the month Of June the opinion gaining
ground that the production would be extensive and lat
a1vccs confirming the fact prices gave way, and 1t
was with great difficulty three cargoes of Kentucky We're
sold at 21s 2s per lolhs. manifest weight others
were ordered 10 this and TO Foreign ports On the samp
ling of the crop there every disposition to effect
sales but owing to the absence Of Foreign demand
Kentucky Leaf was neglected, and nominal in value,
whilst the only description that met buyers the
supofoh classes Of. Strips and Virginia I-ca and the
market continued 10 decline until the close Of the Nea
The inspections in Virginia and at New Orleans exceed
ed the former year only 3S5i hhds; yet the export to Eu
rope q 1868 h,ds more. and it has been this in
junction with the certainty Of large crop having been
secured last year. which has depressed prices in all Eu
rolcan markets. and caused the stock n tina pod 10 be
greater than since 1886 and it will be found that the
in the export from America has been IN Kentucky,
which is chiefly deposited here might have haen an
tcated by the disposition Of the supplies during the sea
son The present stock IN Europe Is 10 251 hhds more
than last year. and 22l6 hhds above average of tho
proy years. including 1910; in Foreign ports it
is 5000 hhds. more than last year, but it2l hhds less
upon the average: in the United Kingdom II Is
96iS hhds than last year, and 1857 hhds upon the
average. In this port the stock 1878 hhds against
1908 hhds last year, and reference to the proper
tons of each growth and denomination Of the 1888
hhds imported in Is4, it will be that two thirds
Kentucky. which nearly equal in amount the total
importation of all grow,hs during the former year. and
that there only in Virginia Of about 3J
hhds. The importation in 1870 IA. 1855 hhds OF
Kentucky Leaf. 2l93 Strips. 54sl hhi, of Virginia
Leaf. i97 hhds of S.ips. and 60 hhds of Maryland
together Is 1926 hhds. IN 1871. 1892 hhds of ken,uc
Ky Leaf 365S hhds. STRIPS, 5755! hhds, Virginia Leaf
1853 hhds Strips, l52 hhds. Maryland; together 70,
e53 hhds being increase of 1910 hhds. Kentucky
at. l4@l Lhd,. q strirs, PA Aocsl.cads Of VI