Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1846-02-02

LONDON, Ist January, 1896
The Stock in London this day consists Of q ,5l3
hhds. aud 'lerccs, being abut 6, 100 Virginia and 90,
300 hhds. Kentucky; and .ha. Of Liverpool 900 hhds.
Of Virginia and 10000 hhds. Kentucky.
The stock Of old S.tps the st Sept last, Consist
ed Of about 10000 hhds viz: 600 hhds. Kentucky
and 1000 hhds. Virginia in Liverpool and abon, 800
h'ds. Kentucky and 900 hhds Virginia in Ioudon and
assuming the quantity prepared in the If last yeat
At 10000 in the Western States, and 900 hlds. in
Virginia. we have an aggregate supply Of about IS 900
hhds for the consumption Of the year 1856 or this
quantity; there is none that be used by the Man
uacdrers Of this country. Assuming also, the consnmp.
lion Of The United Kingdom at $4,000 hhds Of stem,
med for the year, i. follows that We have an apparent
surplus Of II 600 hhds to meet the import on the
LIST Of September, ls46 Under this estimate of supply
We have ie, it impossible 10 on the vain hope of
that advance in price, which have pretended ex.
pect. We have doubt friends will find cause to
approve the we have pursued The sales Of the
last msnih have been about 400 hijs, of which about
two thirds were by ourselves.
Fer ern leaf generally the demand has been con-
fined the finer qualities Of sesa tobacco for the sou,h-
market Of Europe, for which extreme quotations have
been ubtained & to the highly dried leaf prepared IN the
factories IOI the nome tIdue. WINCH, however, IN
consequences Of The abundant supply Of western semmed
the demand has been nconsiderabe realize the ad
vance we had hoped to obtain the low prices which
had been current in the earlier part Of the year.
Of Virginia Tobacco. only two car9oes Of the las,
crop have been imported into London. The leaf is Of
decidedly good class, having both substance and rich
oily quality. The greater par, Of i. is also in good
dition The strips generally Of inferior Glass; bu,
few Of them suited for shipping and and MANY Of the
parcels appear to have 4 mixture ofWesten Tobacco.
Ordinary leaf, both Virginia and Kentucky, is quite
unsaleable in consequence Of the large stocks in all the
Continental ports and the depressed Of lhose
kels for which it is usually taken.
Cotton is about 3D. per 10. lower than the highest range
of prices which prevailed in the course Of last year. he
stocks are abou, 1885, 600 bales larger than a, peri
cd last year. and the crop Of this is probably
large as the preceding Therefore, although we do
expec, consumptve demand equal to that Of last year,
we see ut expecting any general improv
in price, There will probably be occasional variations
arising from incidental causes, which may easily effect
the present low scale Of prices.
We can have no doubt that great change In the
Corn Laws Of this country will be made in the ensuing
session Of Parliament We have expectation ofa Free
Trade in corn-we look rather for fixed duty in form
Of customs duty for revenue no, for protection. Of prob.
ably M, exceeding Is. per quarter Whatever the AZ
r.oemen, the more nearly it approaches Free Trade
the more beneficial will il b. to the general interests Of
commerce. The present price Of American Flour |" 2os
70 3ls per barrel for sweet superhns in b'nd.
We have lately passed through short interval OF n
nanca alarm arising from causes insufficient i'r the
e1ci,emen, it produced. Wecauno, therefore, be 'urPrls