The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1874-04-11
THE TOBACCO MARKET AS REPORTED
BY THE NEW YORK TOBACCO LEAF,

Observation-Disclosures tobacco has been In
moderate request. We note sal les for shipment and
for domestic use. and among other lines, some zoo
packages of black quarter pour ds at low prices
| fair business is reported by some firms and dull
by, theirs, and the aggregate transactions pro-
badly do not vary much from the ordinary weekly
record. Grocers remark that sales with them are
notceab1y wanting In aoination- and furthermore,
that collections are difficult to effect with the south.
prevails elsewhere rs well as ut the South, but
there more, perhaps, than IN other sec i0ns The
co p who favor infiation," being dIspro.
portionately limited IN that part OF the country It
isgenerally observed that the Eastern and Middle
| ization when not too much deprSlated; but those
doing business im these two supposed favored re,
means. On the contrary, It Is hard enough to get
hold Of in any quarter. There is no doubt money
enough now issued 10 supply all The wants OF trade
hold sundry millions Thereon and means to keep a
tight grip on It for while longer. But ali this wl
setting the greenback paper mills at work agaiu.
But. to reurn to the subject of our heading, the
market. though wanting In activity, Is in some re-
spects satisfactory. Prices continue steady and, for
bright woIk, firm. Seine OF the new winter work
is little off, rs 1t is technically described, but
hardly so much 50 as Is usual In the sDrlng.
Notwithstanding tobacco is unchanged since
our last In all respects save what might he antci-
patel from our opening remarks on the results Of
actually less than at our last writing though they
can scarceIy have been more, the week being what
1t was.
ed TO the record OF similar weeks that have lately
preceded The one Just brought to "a unsatsfacfory
close There has been but little business done since
our last review IN any branch of The tobacco trade
transactions having been mostly ali OF q retail
character, and but few, comparatively, In number
This, however. Is not matter of surprise, though
ii Is Of regret, rs there IL such feeling OF nnc.r
tanty everywhere IN trade circles as to restrain bu
sines men from engaging In enterprise In any way
dependent on the 'uture for fruitiOn. safety,
it seems to be thought, Is TO be found In small In
yestmenfs rather than In great ones, while 1t is
doubtful what are be The future values OF proper
~ subjec to the deprecia.ing effect of largely ex-
o. nded paper currency. IL makes a considerable
difference TO tradesmen whether few weeks hence
what we call dollar Is to be worth, rs at present,
about SO cents or Is likely, only about rs cents.
and so long as there exists any DOUBT upon the SUBJ
iec lust so long, ut least, must We expect business
TO be restricted, both In the aggregate ana In de-
tail.
For Virginia leaf the inquiry has been, as usual
If late limited Stocks have increased In Rich |!
mopd slightly 1t appears but there Is no apparent
augmentation here rs YET And In the hrst-meIf- |
for the better, both bright and black wrappers OF
q fairer quality having come In from the Interior
though not in proportion to the demand. Here
there is still scarcity OF shese sorts, and,
unfortunately, these alone seem to be wanted
for the present use Of the trade. FOR Tugs ana |
The lower grades generally there Is NO demand 10 |
sneak Of and this notwithstanding the former are |
Offering ct 4GD4Hc. The full stocks Of al grades
and varieties OF leaf tobacco held abroad have, OF
course. very much to do with the apathy here;
thus for fnstance the bonded warehouses of Great
Hri,aiu heo ABOUT the Isl Of February 7S,O24,007
nounds against 64.79S.l22 at the same period In
1870 and $685. 2SS In 1873. The imports OF
the Kingdom decreased In FEBRUARY last ABOUT ~
home consumption increasing, meanwhile, slightly
over q npr cent