The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1871-04-01

VIRGINIA LEAF.-Quite brisk trade was
done here in wrappers last week, owing to
the temporary margin to the advantage of
our local manufacturers between prices in
New York and Richmond. This margin
has been produced by the recent rise in fine
brights on the Virginia breaks, which
again has been caused by an impression
among the planters that leaf was selling
below reasonable profit mark. The moment
this conviction is arrived at those farmers
who grow large crops, and can afford to
wait, stop sending to market and
commence operations with other crops,
feeling confident that the artificial
scarcity thus produced will inure to
their benefit by forcing prices up again,
Something like this appears to have
recently happened, and thus we hear from
Virginia that receipts ut the breaks are fall
ing off. The planters assert that buyers
have been taking advantage of their neces-
sities-their urgent need Of capital where
with to carry on next seasons operations,
and that thus decline has been established
on an artificial basis, entirely independent
of the intrinsic value Of the crop. Whether
this argument is or Is not based upon facts,
its effect upon the market will be, tor the
time being, none the less marked. Much
of the crop is said to he still unstripped,
and planters, instead of attending to it, are
turning their attention to ploughing for
corn and other crops. 800. 49,
Manufactured.-- Considerable was done
last week in closing out the stock OF old
brights and in the sale Of good tens and
quarters to the exporters who are still very
sharp-scented fora bargain. Indeed, they
appear to have grown dissatisfied with the
common work that was shipped so largely;
in January and February to Cuban and
lxxysn nr,1x l0n nf no
better grades. This would be an encour-
aging sign were they equally willing to
advance in the prices offered, but this they
seem unwilling TO do, expecting to buy fine
and common work at the same, or nearly
the same figures. We note the presence in
the city of large delegation of leading
manufacturers from Richmond, Danville,
and Petersburg, engaged in looking after
unsold stocks and picking up information
with regard to future movements. These
gentlemen report business in Virginia
quiet, the manufacturing season not hay
ing as yet fairly opened. =. .ja,> 49,
With regard to the bonded warehouses
for tobacco, in which members Of the trade
are indirectly interested, and which con-
nection Commissioner Pleasanton ordered
to cease on and after Nav l, we have seen
petitions signed by some Of the most re-
spectacle and largest houses in the trade
asking that the order be rescinded and that
the warehouses be allowed to remain for
time at least, as at present conducted.
We have seen no good reason from the first
why such a change should be made, and
it now seems that a goodly majority of our
city trade are of the same opinion That
opinion will certainly be regarded by the
Commissioners, If at all compatible with the
strict requirements Of the statute. r : y
The exports for the week included /, SIG
pkgs. f211 ,10S lbs.) of manufactured tobacco
shipped directly from this port, and 1856
pkgs. ia, $50 lbs.) forwarded for tranship-
ment from other ports.-Ne,o York Tobacco
Leaf. ,H-s.a..s. E-.s 2tys s.fHrE 1ai'H