The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-12-20
OATS.-7O bushels.
THE TOBACCO MARKET AS REPORTED
BY THE NEW YORK TOBACCO LEAF.


DECEMBER 1G.
Virginia Leat.-The week closed upon very fai
record Of transactions in all departments of III
tobacco Interest. Excepting Tugs, there IS but YER
little old Virginia tobacco now remaining III tn
market, the past weeks demand having been snf1i
bic Leaf that has been held over Of new stock tn
quantity thus far received has not been enough to
either impressibie or noticeable, If primings ar
excepted. which, by the way, were somewhat stite
the past than during the previous week. And this
1t may be said Is true of both old and new goods
the fact being due, presumably; to me stronger
pee. Of aGalrs generally. The sales effected, not
witllslandug the perccptible improvement, car
hardly be called remunerative, some Of their
being made perhaps. at a loss. Buyers are
tenacious Tor the Concessions which they thuE
they are entitled TO under the late, condi ton:
Of trade ana S ano Mea esdv onev it
found exceedingly difficult 10 resist their persuasive
appeals for Abatement II desirable STOCK were
more abundant than 1t Is, buyers would have, inthe
extra attractiveness Of money at this time Il rare
opportunity for the exercise OF their clever tactics
for bringing obdurate dealers to realizing sense
OF their manifold niquties. But as II Is, they eau
at best hope to do little more than divide the aggre
gate successes Of each recurring poemic engage
lRent. Thus. to illustrate, we hear Of goods that
we're taken IDLY last week, but which rejected
the week before when they could have been had for
from half 10 cent pound less than they were
sold for finally.
Richmond advices direct are TO the effect that
"prces for all desirable stock are stf-for Tugs or
leaf, BRIGHT dark" and suppose, to be un
QerStOOO III comparative sense.
Manufactured, For export especially we hear Of
rather better inquiry than that Of the week pre-
ceding. For domestic use there does not appear TO
have been any perceptlble change. The aggregate
business Of the week will probably compare favor
ably with that Of any recent similar period. Prices
are we'll maintained on old stock for such new
goods here both the asking and selling prices
are, Of course, lower. More shipments, and more
transfers of all kinds could doubtless be effected at
lower rates all round, but this consumInation, even
likely of realization; while with the prospect which
we now have Of an increase Of four or more
cents per pound, aud other considerations,
few would undertake to give GOOD reason
why manufactured tobacco should or now u
could he offered cheaper than II now is onerea
in this market. The pressure here for abatement
is to be sure, no stronger than 1t Is elsewhere anu
is nowhere emphatic enough TO be worth menton-
ing except as theme upon which 70 morallze mofe
or less dreariy Asa rule regular nusdfs nase %
dealers anil they rarely ask seriously ioT more ,an
tfey think they have right to expect. Ihelr nooe-
ration thus lar through this dropping season mas
been commendable feature OF their Operations,
nnd reciprocate when the deal returns once more
to their hands. .,., eoo,uro
of a Kind calling for remark, Is the record OF tne
week under review IN TINS depars e t nn
ufacturcd tobacco has yet quickaned SAFES 20 auy
nrecable extent and this, 1t Is needless TO ado nor
10 he wondered at since both dealers ana customers
long ago learned to note me weary Ma1t TnV
bacco has paid forty cents tax per pounG, anu can
now stand twenty-four cents II so much Shall seem
rood unto those who govern u.s. But IL not surprs-
Ing that shame alone Is not suhcient 20 deer tnem
from taxing this interest another ADDITIONAL penny
while nfher capable interests are suffered to flourish
free of TAXATION? There Is such thlns rs dcccncy
even in legislation such as congressman indulge In.