The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1871-12-27
The Tobacco Market rs Reported by the Kew
York Tobacco Leaf.


Vir1iRia Ledf-Thcre was some little movement
In the Yirgnia leaf trade during this week. and espe
cially In primings, whereof the quantity now avail
able Is quite limited We have to report slcs to the
extent or 80 hogsheads, comprising both leaf and
priming5, at full prices
Receipts III the markets o. Virginia, according to
latest accounts, arc fair, and composed almost en-
tircly of new stock. the cid. Us previously an
nouIccd being pretty thoroughly exhausted. Con-
corning the character OF the new stock, there Is no
Intelligence Later than that Which was presented ear
lier in the season. and in the absence OF complaint II
is reasonable to infer that the favorable views ut that
time expressed have been fully justified BY subse-
quent experience. The tendency OF prices is toward
ali advance, though in tbs market tcrccptibe only
in the minor case Of primngs aud but slightly per-
ceptiblc In this ease as yet.
jIunrftlcfured-Ther has been comparatively lit
tie doing In manufactured tobacco since onr last
report we hear of some fancy brlghls anu some
black work sold for export, but neither the foreign
nor domestic trade showed any signs OF returning
activity. The closing month OF the year is usually
throughout Il dull one and this fact: coupled with
stringent money market and. until the intentions of
Congress are made known, the uncertainty respect
ing Future prices Is amply sufficient to account for
the present dullneS:.
The manufacturers 0: Virginia arc preparing to
make their customary suspension Of operations di:-
ring the holidays, and probably. all things considcrcd
il will be better for their Interests in the aggregate if
they take i careful survey of the markets OF the
country before making up their minds to resume at
once. Taking this market rs IN index, it Is evident
that more rcinuneratvc prices can be obtained by
them for their goods by holding oil awhile than by
going 1T once to work. The stock here is now quite
tually needed Tor the demand existing or anticipated,
being not less than from $4,000 to $4,000 packages,
and Il Is reasonable to that there is proper
tionabc surplus elsewhere.
Last April stock only about 1000 pack
ages. OF course 1t Is expensive to have manufacto-
res idle for month Or two, and there is nconve-
nicnce to be dreaded from the dispersion Of opera
tives, but L. were better perhaps, 10 bear not only
the cost of the former, but the additional one OF
supporting the hands to keep them together, than to
force winter goods upon already pcthorc markets,
when the effect Is 10 bc both their depreciation
and that OF the desirable products of the
spring and early summer. While goods. though in
different. are to be had for fifteen cents per pound
largc portion of consumers will persist In failing 10
perceive the advantage of paying twenty-five cents,
though getting for their money much better arti-
Gle; aud when surplus of the former, 10y reaction,
makes an apparent surplus OF the latter, they soon
lind 4 way to reduce the price Of beth beyond the
range 1T which 1t is profitable 10 manufacture
change
Snt0king.-Thc trade in smoking was rather better
than on the occasion OF our previous resume, and
confined mainly. to local buyers. There are some
purchasers who not sanguinc OF continuance OF
the sixteencent tax rate and who conceive that the
rate may be advanced to 2c. and among these there
Is moro desire TO stock than among others.