The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1874-11-21
THE TOBACCO MARKET AS REPORTED
BY THE NEW YORK TOBACCO LEAF,
I NNNEHKER %

! MtUuJGctdTed.-Thc earlier part OF Inc week
| than the closing part. About THURSDAY business
| Frightened mp q little ana more inquiry ana more
sales were observable. EXp9rt BUYERS evlnceo,
apparently, rather more Willingness 20 purchase
| th,n ut our former wriliGS
A leading firm remarked: Trade is rather quiet;
Generally dull until after the first OF january,
there being little evidence in favor OF different
| conclusion. Some advance mas been asKeG 0! some
pretty full In some paris OF the country. Grocers
In the east are pretty FULL and the same is said OF
California houses though the latter continue TO buy
all the time Manufacturers insist that they must
get mere for their goods than they are getting, or
stop making thenl.'
change In the condition OF The general tobacco mar
ket since our previous review, II we except the
Spanish le-epaTtnent, which mas shown t e9ps, ee
ana the present. In the main, quietude has pre-
vailed, and nobody seems to have Looked Tor any
| other prcseiimeLt under existing circumStanceS.
We nave had All active season, taking II all Ia all,
thus far, and as the close Is drawing near only u
gradually lesseuiug amount of business Is to be eX
pCcted from week 10 week until the emu is letcneu-
| amonih or two later.
| OF Virginia leaf We hear Of a few sales, bnt OF
none of importance enough 10 mention In detail:
market there can he but little to say OF this variety
OF leaf in this column, as the days of what remains
of last yeirs crop are numbered even at It's source
| and but Il small very small. portion is now likely
| to find its way to this seemingly Indifferent secllon
| of the country. What Is sold here realizes, as II
/
all the time firm in the absence OF what IS ehttieu
he called inquiry. this there IS nothing
| significant to say or be said abou II.
Western leaf according to the statements Of deal
| ers Showed rather better demand for export than
Tor other purposes, but was only moderately sought
| after by any class Of buyers The last fortnight,
! the month it may be said, thus far has disclosed
| no. hing 10 lead TO the Suppositon that the late
speculative movement Is 10 lie revived ana con
thing To show that spectators have less confidence
| In the future than they had awhile ago. Iheya
qucter than they were; but they are SO, probably,
| because they believe rest TO be wholesome and TT
cuperation essential 10 further successful effort.
For The present they Doubtless feel they have done
enough, and Cdy Is Likely to feel disposed TO
| controYert such an assumption.
| A veteran observer, Eow disintcrcScd. but crst-
| while giant among the great ones Of Broad street,
| remarked 10 within day or TWO that IN his
opinion, there is rs mach spt cualOn in tobacco
now, and will be until another large crop Is raised,
rs there has be-, II at any time within the past hve
cent upon present prices he considers not IL all inn
| probable between now aud June next. The argu-
ment acduccd In support Of this idea is that leaf Is
| tlrcd stock Of all kinds smaller than f'r many
years Not only Is there short crop, but neither
manufacturers, dealers, nor obberS hold the usual
quantity of manufactured 81 DDS Formerly ii was
| common to see thousands Of boxes of caycndsh
tobacco in the wholesale grocery houses of the
large Cities but now hundreds are scarccr IN those
places Than thousands used to be. Consumption,
at the same tiine not only continues undiminished,
but continually auglnents by the ordinary mere
I
AS gent ralZationS these views arc interesting and
suggestive. but there is SO much that could be said
with equal reason in support Of the theory opposed
the central idea hat they cannot and should not
| DC accepted as wholly tenablc.
this years crop Of tobacco Is short, but there Is
enough Of old tobac o remaining to carry. with the
aid Of the new crop. the trade Of the world along
until another crop Is available. The statistics both
of supply and consumption, as pubis he'd from ime
to tiuie in these columns demonstrate this concu-
| sively. The same observation has been made over
and again; as has the other one, tnat the next
crop. and the next succeeding 1t, no misfortune
prevent ing, will be OF mammoth proportions: but
then, if 1t has the necessity for its repetition is
continually recurring; We are not prone TO hold
The consideration of hfse plain facts in allegiance
when forccasting the future Of supply and prices
That they can hardly be too frequently mentioned.
Ii is undcnable that western Leaf is going TO be
scarcer ana dearer The next Two years than 1t has
been for many ears, but it can heither be thought
prc.umpluouS or unwarrantaole 10 assume from
what is positively known that 1t will not be so
scarce or so dear Is sometimes averred.
TIE article this general subject. referred to In
our last issue. from the Louisville Ledger- which
our d. IL and types somehow succeeded in making
Richmond Ledger-appearS elsewhere In this No. OF
The Leat. having been unaroidably crowded out Of
the previous issue.
Among the Items OF news told during the week is
the iol!owing some tobacco Was recently shipped
In bond to Germany and arrived there all right
The laudlng certiticate-old fnlm-was duly re-
turEe". but being minus the consgnees affirmation
rs to tue weight, US provided by law, cancellation
of the bond was refused. Theparty interested here
ciW of Of member Of the firm to Which the the
goods had been consigned. This gentleman har-
Ing attested by the prescribed oath that The ship
ment reached his firm in compliance with law aud
regulation, the certificate, or certificates, for there
were TWO Of them, were transmitted TO Washing
! ton, where they again met win misfortune, being
there rejected because. rs Is alleged. 1t incom-
prehensble 10 the officials having such matters in
charge how papers could be sworn TO aud signed in
New York ty q merchant doing business in Ger
| MANY. Perhaps this was not the reason, but our
| informant could think Of no other.
| !SmokiR9.-'.1 rade IS toerlble" said one dealer
In reply 10 our inquiry. "About rs usual" re-
| marked another, and others endorsed the expires.
slons OF both. legitimate deduction, therefore is
that The demand has been fair The past week. and
that BESIDES This there is really nothing of special
interest TO note.
CigarS.-The approaching holidays should in
ccptbe gain in this direction is announced for the
week under review There has been the ordina
irguiry for current and future use but US far as
be judged from appearances. nothing beyond that,