Port Tobacco times, and Charles County advertiser. (Port Tobacco, Md.) 1845-1898, 1854-01-12
From the Baltimore American.
REVIEW OF THE BALTIMORE TOBACCO
MARKET

MARYLAND ToBAcco.-DuringJ January and Fe-
bruary, in 1853, the sales of Maryland Tobacco
were limited, prices ranging for inferior and COM
mon qualities at about 81 so, and for the better
sorts IS 81. The new crop began to appear in
the month of March, and the receipts were larger
than is usually the case so early in the season,
owing to the favorable weather during the winter
for stripping and packing. Fair crops averaged
about IS, which price seemed acceptable to the
planters. The crop proving of uniform quality,
and of saleable description, the receipts were
taken by shippers as soon as they appeared. Some
improvement took place in prices as the season
advanced, and continued until late in June, when,
owing to the apprehension that the prevalent dry
weather would affect the operations of planting
and render the result of the growing crops preca-
rious, holders began to advance their rates, to
which buyers readily acceded, and very small
stocks were allowed to remain in the hands the
factors. The dry season continued until late in
the month of July, at which time the market had
advanced one dollar per hundred pounds, parti-
cularly for the common and cheaper kinds. Prices
continued steady, ranging at about Sc round for
common crops; Sc so for good crops; and 81 for
fine. When these rates were established, some
OF the buyers retired from the market, consider
ing prices too high for their orders. Late IN the
month Of October the market receded about 25 to
SO cents and has SO continued, with an OCCASION
al improvement when desirable lots were offered
The stock of Maryland is perhaps lighter at the
close than has been known for many years past
the amount in the hands Of factors and agents be-
ing about 400 hhds.
Ono TcBAcco-Ohio Tobacco opened last
Spring with moderate demand from shippers,
but the principal sales were made to the agent of
The contractor for the supply of the French Gov
eminent, at the low average of s. 25 per 100 lbs.
and that price ruled till a bout the middle of June
when the accounts of excessive drought began to
reach us from all parts of the Tobacco growing
regions of the West, and prices gradually improv-
ed until about the beginning Of October, when they
reached the average of S6a6 IS. Shortly after
wards they declined about IS cents per 100 lbs,
with sales until towards the middle of November,
when the markets again rallied, and nearly the
entire stock in the hands of agents is sold, the
market closing at about the highest rates current
at any time during the past Summer
The crop grown this year in Ohio was estimat-
ed IN the early part of the Fall at about 700
hhds. but as the dealers residing in Ohio have now
made their purchases, more correct opinion can
be formed, and the most sanguine among them be-
leve the receipts in Baltimore next year will not
exceed 1000 hhds., or about half an average
crop. Should France require in 1854 only half
her usual supply, and no general European war
take place, high prices may most likely be calcu-
lated on.
. KENTUCKY ToBAcco.-The receipts of Kentuc-
ky Tobacco this year have been about twice as
large as last years. Prices have ruled high, but
the receipts have all been taken by shippers tho
cept at low rates. The stock is a.
bout 800 hhds., of which about $50 hhds, are
held by spectators, and the balance by agents.
TOBACCO INSPECTION IN lS53.-Amount of
Tobacco remaining in the five State Inspection
Warehouses in the City of Baltimore on the LIST
January, 1853 1880 hhds.
Inspected in 1853 ASCOT
6O,627
Amt shipped and consumed in 1853 5O,s48
In Warehouses December 81, 1853 9,779
On shipboard, not cleared 76O
1859
The kinds inspected were as follows
Maryland 29,248 hhds.
Ohio l7,947
Kentucky 1880
Virginia IS
Pennsylvania IA
Total 49,667