The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1874-11-06
THE TOBACCO MARKET AS REPORTED
BY THE NEW YORK TOBACCO LEAE,

Virginia Leac-No sales of Virginia leaf tobac-
co have beeu reported the past week. none OF those
have I'd either calls or transactions TO Record, A
vi gra manufacturer Of prominence was ON the:
ern leaf did not trinspire. Presumably, hosever;.
western filters, II anything. were sought In this In
stance, rs in others Of u similar nature Presunl-
ably, too; the demand for 'he:e in this markets.
due to the preference for them for the tighter
grades Of chewing rather than on account of either
scarcity cost Of Virginia filters either here or In
virginia. The western filler has long been popular
here with our manufacturers. and Is rapidly grow
Ing iu favor With the manufacturers. OF Vlrginia
and those who have hitherto neglected H. We notice.
have this season given Ii more or less atenf0D
Among the incidents Of The week In this eonnec-
ton Is The receipt OF an Invoice Of Virginia wrap
pers from Liverpool being part ola lot shipped 10
that port last year, and re:hippei probably In the
expect that in The existing buDyant condition
of the general leaf market wilt seli for more here
sonahle anticipation. Possibly some of our mann
facturers Will be deirous OF possessing the lot, not
wihstanoing they are said to nc pretty vel! supplied
with MATERIAL If we describe 1t 20 them IN the Tan
guage of the receiver. He says. 1t is small lot
some eighteen or twenty hogsheads, very hand
so,ne and Is suitable for wrappers. There 10 no
chance OF getting more OF the same sort In this
market as have been searching for 1t without sue
cess The Mestern lea Leaf market i described by
this week. The sales for the month viii probably
be from 5000 IT, 30, 900 bogsheadS. The market
Is strong. bur with less doing for speculation. Fac
tors now demanding larger lrgius from specu-
latOrs"
doubtless the advance will be cheerfully conceded
by ,his class of buyers, as thslr Investments this
season have been sufficiently frultful to Inspire
amiahility even if it did not already exIs'.
Manufactured We have 10 renort only mod
crate business In Cavcnd'sh tobacco since our last
resume. fc fair orders for exDort received
and filled at advanced prices. We have seen letters
from Virginia manufacturers predicting higher
prices shortly, aud declaring that owing to the;
scarcity Of old working stock thew wilt be oblig.
70 SUSPEND operations soon. Some are ALREADY using
new stock under compulson Which. IT "a NEEDLESS
who buy the goods made from II this season. us
| 1t is not the material OF which !rable tobacco Is
fashioned. The POSITION of ou-stpck Work. however
wilt be all the frmer on this account and the more
especlaya there Is not an orer.su ply In any oil
| the prominent markets inside or outside OF Vlr-
ginia Perhaps at no time has there Ell so made
| Guale supply when there was so much need Of a
fun one, future need II not present. Prices are
steadily approaching OIL both shipping and tax
proper range on the latter sorts tn in on the former
The drag in she matter of export goods Was to be
1 expected. white rem ote markets we're unaware OF
| The extent of the change which a few waeks
| had wrought here; until, Indeed, their own
socks were sufficiently reduced 10 compel pnr-
cHsyes f for asan b s%, by m ts haHe
been Informed Of exis ing conditions here and II
seems hardly possible that the stocks can be large
In harmony with those prevailing for goods for do.
nestle use shou ere log be realized on shipping
grades The London market Is somewhat improved
ceded IL. Some Calcutta and New York correspond
| eIcc shown us runs In substance as follows
| From Calcutta: awe can buy Cavendsh here, al
| we want, ut - cents tnaming price) per pound.
| From New York - Take all you can get at that
| price.n From Calcutta We have done 50.
Evidently an order satisfactory terms from Cal
| cuita VI III be next in order.
| I'VE could sell more goods for shipment" re-
market dealer, If only We were allowed To break
lois BUYERS who do not send In their orders In llne
| 10 enable IL; to write 10 Virginia for the quantity
which tEey require would often readily make their
selections from goods awaiting u stcamtr IN store
If they could do so without being cnmpeleI 10 take
the entire Iine as received ana entered. we want
an EXPORT warehouse, where we can have The priv.
| lcye OF breaking lots Tor The accommodation OIL
what NAV be d.nom,nittd tue ca-trade. Of "llicn
there wOuld~b be cousiderab II buyers, when they
receive hurried orders for five. ten, hfteen, or
| twenty cases for immeniat. shipment, were MOI
| Obliged under III. law 10 buy two or three lires
| more !han rney need tn fill their orders"
| This export-war ehouse questl n should receive
] early attention This Water, and the commiss IN
trace must not be discouraged lroH luf'hci emu
| by former failures.
| Sm0Eing.-A fair demand existed for smoking 10.
| bacco Ia week. though agents ADD dealers report
| less activity than might reasonably DE exneGtea ~
| view of prospective price, ana someWnat nihlteu
supnlies And As 10 tue Latter consideration IL may
be said that while there II not Il scarcity OF s'0ck
here or an, where. there is lot what might ne calieo
an abundance of available st ,ck Ia any OF the grei
| markets. he rapid advance In lear, ana the III.
creased orders for actured tobacco consequent
| tbereupon rcanIl account for any deficiency tba
NAV be- noticeable at the leading cen res OF prodic
| ton andits riDution, and also make apparent she
difficulty incident to the augmentation OF supplies