The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1871-05-20
New York Tobacco Market.

Yrgtnta Leer THE leading features Of III
market remain tho anme--dnIlnaes hereand mode
s or Il e sss IN
90 active that sales were last week ut the famfn,
agares Of &C. @sia2i T5is, u is needless TO say
tnarket In the: presence OF these high figures W.
find that esbapneut OF virgfnia LEAF from tfis
market continues. -
Tine OF goods &c majority OF the grades are neg.
iectad manuta ssert3ng that they propose
waiting until the leaf shall arrive in better order
than 1t has been doing.sA decided improvement.
has already taken nlace, and as the supply OF OBJ
jectlonabe ponfescript stnff is exhausted, more
reach the breaks. For. The majortty, OF the
Be- probably sor .hs reason ws.se gwen any as.
aspect, and WIN probably continue to d6 90 until
more OF the crop is received and prices settle
down TO a definite standard
pigs. far black quarters below.17c. (white fac
tory work., There were also sales st that figure
and fancy briehts also. found purchasers atmod-
crate figures. but not IN large lots. But few ia
fs1i5g gGrsnasssrs gess lo9kng sroanS SOL,
rule by CONSTITUTING she exception. The majority.
II NOT tue entire amount, OF black work cold win
Of the a e s MsT
circulars of the London and liverpool commits
sion bones Just at hand not offering any en-
From those cities In fact, comes back the; echo
OF the s:ereotyped report Of heavy, unsalsab1e
hsye been sorsed re
plction vito class Of goods that should never
have been shipped there in any quantity; but for
which, and the consequent depression Of prices,
manufacturers have themselves alone to blame,
SO long as they persisted in flooding this market
with chesp WORK. exporters would purchase it IN
Consequence almost entirely neglected. The con-
sequences OF this suicidal policy now witness.
nor Is Il possioli to predict how soon we shall
deed. be likened to Ihs case OF one who Who has i
food, ard who necessarily suffer from the nnccni
Portable feeling attendant upon surfeit. The,
English market. so far as cavendsh Is concerned,
fslaporipg from an attack similar to that OF indl-
Pestion in the human organism, and q healthy ac-
ton cannot be again established before the dis
tnrbing cause has been removed. If, therefore.
The exporters will turn their attention to Cuba for
some time to come and manufacturer will not
oyerstock this market. rs is their wont, we shall,
and an active demand for really good work spring
up. This may seem slow process for an impa'
tienttrads to await. out The laws OF trade having
case OF outraged natural laws, must be submit
!. For the reasons alluded to above, and the con-
tinued sale OF Illicit goods at the South our market
continues to show but little animation, and only a
retail business is being done. The closing OF the
san Frau cisco bonded warehouse has also tended
to check the consumption demand and render tu-
siness fat There seems. no good reason, how
ever, 80 far as we can see why the latter cause
should continue to operate. L. as Is rumored, the
warehouse was, given up on account OF the order
ofthe Commissioner, since partially revoked, for
bidding any person. engaged in the tobacco COM
merce keeping an Office in the building used as q
tobacco bonded warehouse, the modification of the
order should have the effect Of opening the closed
dlors; or II The former arehoGseman desires to
retire from the business altogether, the Ncia,s
should certainly exert iii mselves to establish !
new one, so necessary Is lhr accommod ,tion thus
ford to the convenient transaction of the CAY
endlsh trade on the Pacific slope. a.s.,.
The exports Of the week fnclu ded ], 132 pack
ages U.S. l7 lbs.l or manufactured tobacco for
wa! ded here for reshipment, and 420 packsse3
las,7a2 lbz stlpped directly from this port. &eao
York Tobacco Leaf. 80