The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1874-07-17
THE TOBACCO MARKET AS REPORTED
BY THE NEW YORK TOBACCO LEAF

Manufactured The business effected In this de:
partmcnt during the past week was Of the usual
character. There appears to have been no speclI.
transactions unless exceptional mention ~ tuc OIL
some 500 boxes of medium tens tor export, IN pr
GELS. as we understood the matter, OF 800 aud oOO
boxes Opportunities ere spoken Of rs having been
presented for contracts for The sale OF several hun
dred more boxes of tens, but the nigh rugc OF lear
interposed barrier 10 their accrprince. WIN re-
spect prices II may be remarked that no percept-
bic change Is yet visible here In tax-psid 1ods,
though bonded goods might fairly be quoted from
one to two cents pound higher.
stocks are low and manufacturers are urgent IN
their prOtestaiions of inability TO woik Ut ptesent
rates and these considerations must In the end ne
cessitale an advance all around. Inde@d, but lur
the abnormal condition OF the market aud HE up
pare MT willingness OF dealers +, aid In sending
prices UP before 1t Is absolutely Unavoidable, tnere
would probably have been general advance before
now. Profits are certainly light under exi5tihS
conditions, and should the present upwri move
mcnt In leaf continue, those who purchase now aio
likely 10 derive advantage from their Investments
,SHlokiHg.-rhe reasoning II the closing pa.a-
yrlpu above applies with equal force aud apposlte,
ness u snoSlig tooacc'. Inc choictr krnds,9 VI
smoking leaf have gone up OF late With marked RI
patty ADD IL Tie nature OF thugs the point NUT
nnluy b: reached whea tEc price OF titc nIanuIac
lureu product viii have to be ncreis "a IN cprrI
sponhirg ratio. The delntnd through 'ut tue "ceA
was steady. ..o,,,v nm
Ctylro.-rhe cigar market IS apparenS , un
chat,vcu. Active, OF course, IT Its not peei IS
nr ,S. but there has been a fair amount OF Dlisi-
ness done both for local aud Interior n ,nradc
observation applying TO boh 1rahshu. ~ hIr Grades
n,A
OF Virginia lear continues tairiy atuEe' W., 49,. C
ticruble in provement III prices also, UNI w. m.
cJrtugly revise Quotations to cprrespoa' ~ . ,aatS
altered circumstances. The business Va ' "a acN
has generally been good, and In western ~, 800.
i've, apparently, rs heretofore, w. uen sr aDnnrf
uIl mainly confined 10 spectators. IL. Eoi npnI
There has been lrie nothing aolus, un pai -,
tive flrore having for the time pul an
transactions for that and most otner $3.50 ~
purposes. sales on speculative uccoun. ,j,an
be rrstricted by the withdrawal or gooIs uio,s 60
nv omiuutIon OF ardor the part OF w? 90 aev-
FAR ,s they are concerned they seem 10" 20 81 tho
In effect purchases as ut the connchce .,,hi,,
rycIlement and we hear Of prices pay o.,sttu
{. ,iay or Two that would colnpare 1870 49,
with The best previously annaunGeu. y; t,,a men
is evidently u dominant cllara-terlSts VI hvs mo-
whose operariOns for .eT weeks pts' aa.s mr.
duced such remarkable resu Is Ii Inc tooar con-
krt The present connIt on OF Inc hat ,ss-stn :.
srrs,ed with lin. safe VI afIIi:s prevailing
lille more than month ago, reveal M ,Gt ag the
nav cbapge for the better, ana III m ,nnesSs
uncertain prospect relied upoA oy uiv.. nntabla
enterprise the change Is Que, ntnelS, s,ci, nnsr
horl crop II Is not easy 10 dctermlhe ,i.sa men.
ID ADMIRE The faith or thu: bJldIths o. vnner-
few short months ago ann iile 9usssi o,n - nsInt
most In tradesIneu's miDd was, row iom g,sveI
will tobacco touch before pe imanxS vi tfn5s
will be r. uched the enormous sulplies W. a no
making an unlimited, Disastrous ue.l s,..
c.r1nin an event rs any cSenL tiat couiu napBe..
AZ this moment the position IS conpieELy TT
varsrd IrnwD,ted strength ana ouoyancy prevail
in me brancb-aud that the lnrXest-ot tnf isaA
,r.ds and renewed frmpess and Commence Is NLsi-
h,. IN ali The que ton now u rather, 10 VIAL Dons
will advancing prices fN'eh''