The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1871-08-26
The Tobacco Market, rs Reported by the New
York HT0bacco Leaf.o

.Virginia Leat-scarcity of desirable leaf and
hign ic.s still characterize the market for leaf
NJ lS)chnond, and The same atureS, somewhat
modified. are observable here. The recent run on
Tugs appe ars TO have largelp exhausted the supply
consequence Lsst week In Richmond there was
another spu It Of excitement and another advance,
couragtng adviceg from the growing crop. make tie
outlook for In anufacturers ything but cheerful
one. Inc dealers In leaf however, learn to regaI
Inc situation and be ir the misfortuueB OF the con-
snmers with calmness truly philosophic. It is
wonderful how one can preserve ones patleuce
to our neighbors. Thus we find the recent rpelt
advance, that has so curtailed the operations OF
ses s and involved OF them
cslmness, If not Indifference, by sellers OF lar
who talk of still higher figures. of one thing they;
desirable tobacco OF the 1870 aud 1871 crons viii
command very handsome prices. and that the de-
present signs should fail for many months 10
come. - ts.--s's 4. - -
Smoking IBusiness continues fair but exhibits
ACKNOWLEDGEMENTS not much actnal bdasi-!
s aeaers s
stalment Of which they expect 10 arrive i'm .ths
shape of a brisk southern demand next month
are the predictions: Even now there ara ara
several parties from New Orleans looking around,
and their investigations naay result In sales. IRE
same incubus, however, stills broods over the
southern trade In manufactured tobacco, towhioh
we have so frequently alluded. We refer to the
country, and especially In the Gulf ftates by pr.
ties who procure their supplies from the North
Carolina factories.
We learn from the agent of a Charleston firm
that ousands of wagons are employ ed In this
pernicious traffic, which has about killed The
Southern demand for genuine tax paid goods, and
thus badly crippled our consumpti re Inquiry II,
instead or ceaselessy complaining OF the low
figures obtained In this mar ket, the Virginia man.
ufac would turn their attention to
oft the frauds-committed not q thousand miles
from their dcors-and unite In pe:ttioning the
yeilIance over the suspected factories they would
do more towards obtaining better prices for their
work than they would by writing complaints TO
our factors here from now until the last trump.
sumptiye demand to make II prosperous and this 10
would have but for the causes named When good
WORK can be obtained all through the Gulf States
Tor tF1he ever the tax, It would be madness to
GYMS and journey all the way to New York for
the sake or supporting the legitimate interest.
They VIII NOT do IT. and so long as the Temptation
Is brought to their doors by the peddars tey win
not resist u. But With these yagabonds swept ont
ofthe way by the strong arm OF tho law, we should
ly the cousump tiye dem and that we lack
row, and tbe temporary dullness or tho export
trade would not prove The serious fncenyenicRce
factors 1nd IT at sent See how this has op-
Grated In the seed trade. When the Erencn-Ger-
m an war broke out the foreign demand was cut |
of suddenly aud effectively, whcreuron many |
wiseacres propheced tho ruin OF the entire trade.
Bu. note the result So great was tbs consump-
tive inquiry that tt absorbed all the leaf usually
s'more - with such persistence that prices conn
menced to advance, and have remained 4t the top 1
notch ever since. And this In the lace OF an en-
Tire cutting of che export demandt VIII not or
Virginia friends draw tho valuable Lesson 70 De de-
duced from these pregnant facts
" II