The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1874-11-14
THE TOBACCO MARKET AS REPORTED
BY THE NEW YORK TOBACCO LEAF,
NOyFyIGER 10

Hirginia Leaf-'.The tobacco market has been
quiet the past week. was the expressive response
to our Inquiry as to It's condition OF the first dealer
called upon for information. Further inquiry CON
iirmed this statement In all particulars and the
election came in for Il share OF the blame Tor The
limited amount of business effected. The " Tidal
wave that swept The political field and proved
50 disastrous to the ins on Tuesday, had afforded
the outs - so much matter for JOYOUS contempa-
lion as TO leave them little tine or relish for
the practical details of trade and commerce,
while the s. ms " were too much discon-
cer,ed by the sudden and unexpected defeat
which they had sustained 10 think of any
thing but the uncertainty of human affairs ard the
novelty OF their situation anu SO The. Wheels oil
traffic were comparatively motionless good por-
ton of the week In substance this Is the sperive
exploration offered by both winning and losing
voters in Tuesdays jous for the meagreness OF The
market returns. 1t Is needless to add tnat the event.
full day was generally observed by the closing OF
stores and warehouses, and the week was therefore
shorter than usual in the middle and 1T both ends:
No sales OF Virginia leaf have been reported. ana
there appears 10 have heen little or no inquiry for
It. Stock remains small in quantity, though occa-
siona arrivals are recorded.
Mtnatflct,rred- The week has been without no.
ticeable feature in Cavendish circles. - We have,
perhaps done little more than during the prevl-
Gus week for both shipment and consumption.
Buyers seem TO be getting more accustomed 10 cX-
iSting prices was he statement obtained III one
quarter Of the market. But generally business was
moderate. An observer summed up the conoitIon OF
affairs for us as follows: should report very
quiet week In all grades Of tobacco out presume
after The excitement Of the election Subsidies bust
ness will revive. Every one, at least. hopes ana
expects that will be the case. IL may be quiet Tor
some weeks. but Il iiveiicr demand and higher
prices are looked fer. The great scarcity or leai
must preclude the possibility OF lower prices.
understand that New York holds about all the zeal
in the country of old stock, and perhaps one-thifd
Of The stock here Is owned by Brooklyn lnanu1ac-
turcrs and shippers. awo weeks healthy trade
would take off all the stock OF manufactured toDac-
CO here.'
Itis to be hoped the merchants wi II make another
strong effort for an export bonded warehouse, anu
obtain remission 10 break large lots OF goods, and
ship as sales are made. II Is u reasonable request
and should be granted. Hundreds OF sales are iost
By our being unable TO withdraw goods as the Or
dcrs come. Often shipper wants 10. ~, or 20
boxes, and no time TO order on from the laClorE
! The closing observations are i'll harmony win
those gwen by US last week, and show BY concur
renee of testimony how greatly the want OF an *
| port warehouse is felt here Such an accomihoua,
ton Is admitted by all TO be the Que great essential
10 the complete restoration of trade i'll TINS Guy.
tSul0kin1.-A moderate. steady ueInaLu during
the working portion OF the week is the record III
this branch Of trade. Prices are stiff and buyers
have no choice but to pay them or defer transacr
lions both Of which things they do as matter Oh
course. as circumstances compel. Generally, now
ever the situation is accepted with becoming resl
nation and the chief thing to coVet is brlsker III
quiry. ,. INV, ho
inferred from what has been said under otncr neau9
business was fair in both branches, ana more OF
less than this is not TO be expected III the presen
stale Of trade.