The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1874-09-18
THE TOBACCO MARKET AS REPORTED
BY THE NEW YORK TOBACCO LEAF,
SEpTEdRER - =. 2 =


MISUNDERSTANDING to current prices q
dealer observed, u am getting more than was for
what am selling, but there has not BEEN proper
aovanee our sGoas as w hn
yet are unwilling to 60 the extreme rates that are
asked. But sales are sometimes effected by rea-
sonable compromise when parties meet each
other"
"An advance" remarks another, sis now an I'M
doubted fact, but Il does not embrace all grades or
goods IS low as eyer.' With certain grades, as still
another expresses II, "prices are jumping" aud
these 9xpreseas fly deseriSe The ySSy5g
1t may be said the general tone is slroag, and the
tendency upward. With regard TO the actual trans
port. there We're several buyers looking round
but they were unprepared to pay the advanced
prices asked. There was demand for bright goods
In bond but there very few suitable styles offer
Ing. OF tax-pad goods there were some fair sales,
comprising among other sorts bright 1-inch and
twist, and II the stocks had been here the ransac-
lions would probably have footed up quite literally
Foreign buyers move slowly as Jet, but II Is not 20
be doubled they will eventually appreciate the stu
alton here IN nj L0uisys My It Is Iep0risd
tobacco The western trade, 10 call lie that has been
in all Its branches notably In the van this season in
the matter Of prices.
iSnloking-Ihere was good demand for smok-
ing tobacco of all grades last week. and prices ruled
very firm, safes being reported TO us at an advance
the same class Of goods day or two previous. For
Illustration, we may quote the remarks OF dealer
had lot or twist ana broker look IL 10 gro
who offered forty-fye cents pound Tor 1t. IL
was readily sold to another party fer ffty-seren
cents sold smoking tobacco this morning at an
advance of five cents pound and it Is going higher
There Is no brand that have now In store that
would dare to name price on. sold a man four
days ago smoking tobacco enough for his trade for
ninety days. who returned and took enough to last
him six months The trouble is, we haven't stock
enough here. If we had bonded warehouse here
We could meet the present requirements" These
observations are TO be sure personal rather than or
general application, but they are suggestive Of the
rapid changes That are TRANSPORTING In the market,
and they are quoted merely as an Illustration OF ex-
listing conditions
Hirginia Leuf-The Virginia leaf market Is un-
changed. There has been some Inquiry during the
week, and q few black wrappers are reported as
sold at full rates. Stock shows no increase, al
though the current week promises to add some
thing, few hogsheads at least TO the higher grades,
thus giving manufacturers little better opportu-
nity for selection they feel disposed TO avail
Themselves Of IL. The speculative fever, however,
is now SO strongly running In the direction OF
Western leaf that 1t Is not certain there would he
good demand for Virginia leaf If 1t were here in
sufficient quantity to meet the ordinary require
ments of the trade. The prospect of fuller yield
of the latter than OF the former Is probably one
reason for the absence Of that eagerness for IL
which characterzes the demand for W estern sorts
In addition to that, the demand ut and around
Richmond Is so active and so liberal as 70 attract
the attent ion of buyers more directly to that point