The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1874-05-30
THE TOBACCO MARKET AS REPORTED
BY THE NEW YORK TOBACCO LEAF,

Misunderstanding the fore-part OF the week
traffic in IT, Is branch OF trade was quiet, the CHIEF
feature being some lew sales for export Toward
the close. however. there was some improvement
4 better demand springing up for BLACK work loi
shipment. We note sale of about $50 cases OIL
quarters at q low price also large sale OF DrlShl
4.ounce twist, lax.paid. Some handsome parcel s
Of old l1-inch, in fine order, have been received
and are Offering al reasonable figures.
The absence OF an export warehouse Is again no.
ticeable account OF the failure To cons MAZE
several large transfers, which we're prevented
through the goods not being where they could DC
Immediately examined by buyers ana AFTERWARDS
promptly shipped abroad.
The Carenuish trade, we are gad 10 oDseTTe, dit
a unit in favor OF the proposition now olnGlaiy
though semi-prlvatcly being considered IN WASH
da. When 1t is remembered what an outlet ule
Canadian market under the old treaty USED 10 bc
for American manufactured tobacco, 1t VIII nol
seem surprising that our merchants, irrespective
OF political hias-that is, rs between the dnes,
lions Of tariff and free trade-should al pc
f9und welcoming The pFosec rs,rn az the
old condition Of affairs. 1t Is noticeable
fact that even the Tribune, once an energetic oppo,
nent OF reciprocal free trade between CANADA anu
tie United States, now, in an able article showing
the advantages to us of such trace has he fairness
to frankly admit that this country has been ny nc
means gamer by the abolition in $50 OF me ola
treaty. new treaty essentially like the old one
will probably restore 10 the tobacco interest OF me
United States the trade that has been lost during the
interim that has elapsed it expired by mlta-
ton. In the words OF tobacco mere hant, 1T was
a great trade. We sold very largely to Canada
Since ire trace mas DeeU DTukcu Wy s"SS'A 49,
two countries American manufacturers nave gone
and established manufacturers, some eleht OF teu
In Canada proper one in Halifax, ana one or Two
at St. Johns, which are all doing WELL these "a
nadiau manufactures though laDoriug unuer otnei
disadvantages can now underSel us because OF tLe
difference between the duty and the tax when Is
from six TO eight cents per pound i'll 1avor OF anu
featuring in tile Dominion. With the exception o.
some very small sales Of bright tobacco tue "hole
OF our old trade has been broken up, OUT nife see
the time when | could, and without enort, sei
1000 cases Of tobacco at time 10 slhele e"n@
dian buyer" .,..u,, ,,,o,oo
perhaps no change At all In smoking looacco, cli
Giles since our last. Trade has been lar Throughout
the week. ,.oo.o; Oh,
Tirginia Leaf-There has been no increase in nt
inquiry for Virginia leaf since our last review. VIZ
mole a few sales of wrappers without any noucea
bic feature and little or inquiry for anything
else What are called red cherry black wrappers,
procurable, IL is thought, would nn9 SAFE mere
but, unfortunately. they are scarce IN the II
ginia markets The assortment OF brlEnls !
now better and fuller than Ii has been, tnousl
still deficient in the higher grades. Goods ranElht
In price from 5 to 80 and ACC. are IN fair supply
and as for the costly varieties, so long rs ila
ufacturers choose, seem 10 choose 10 Set tmeli
elsewhere, 1t is not to be expected that any VIII u
sent here. This is the view and almost the laiSuaS'
of dealer who holds, as he concelres deslraDis
stock of brights Prices here can hardly be salu
sympathize with those prevailing ut Hichmonu
the difference being, OF course, attrlautabc 10 tl
difference In demand. more animation DelLg appa
rent In the latter market.