Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1878-12-28
Baltimore Tobacco Market.
.s.,,1a,,n.. ~ tho DazriStar

I
BALTIMORE, December %.
From the investigations made by our
Junior, while in Ohio and West Nlr'
pinia, We estimate that those tobacco
districts have raised fu!ly $4,000 hhds
with strong probability that the crop
will exceed these figures. We find the
crop OF lair quality and body, and that
it is weighing out heavier in the leaf
than it was supposed it would. There
is smaller amount Of very common
ground leaf than last year, though there
Is considerable quantity OF rough and
undesirable tips no field, or barn
frozen AZ all that We discovered, and
very little house-burnt. At the same
time there is less spangled and fine yell
low, and great deal OF the finer grades
are undecided in color, owing 10 the
heavy rains in September having
washed out the color To certain ex-
tent and started the plants To growing
again. We also found "A larger amount
than usual of bright reds; but taking
the whole crop through, red and brown
are the prevailing colors, making the
crop decidedly French in It's character.
The great drawback to the crop is that
il is largely worm eaten; some districts
much more so than others, but all have
suffered TO u great or less extent.
stocks in our market unsold 2,oUo
hhds, MARYLAND and 1000 hhds. Ohio,
of which the French Agent has 1000
hhds Ohio yet to buy. The Maryland
tobacco crop growth last summer Is
about 5000 hhds short Of last year ;, or
about an average; the East Virginia and
North Carolina crop is estimated at from
20 to - per cent. short, and the crops OF
Kentucky, Tennessee, Indiana, Illinois
and Missouri are claimed 10 be one
third short Oi an average.
There is heavy surplus III the wish
bic supply' OF the open markets oil the
world, the last reports show that there
are about IA. 900 hhdS. more old tobacco
in the world Vet To be used, than there
WAS a year ago; this isa stumbling block
iur the incoming crops.
The Bremen shippers declare that the
German Rcichstag will put heavy nm
port duty on tobacco III the coming scs-
sion, hul We still consider il an open
question whether il will be done with
the chances in favor ct the extra duty,
owing To- the large deficit III the German
Revenue.
France has taken two exceptionally
heavy contracts iur Ohio tobacco Tor
1877 and 1873. double her quantity each
wear, and the shippers L. the open mar
krts ui the world have been very large
huyerS nj the low prices prevailing.
They all claim that France, Italy and
the open markets can du without any
Ohio tobacco in 1879, but We do not be-
lieVc il, as the same assertions are made
every winter.
The financial difficulties and deprcs-
sion prevailing in most of the European
countries, is likely To have Il disturbing
influence upon the tobacco trade.
We regret Ia say that there is every
probability that tobacco growers every
where will pitch i"r very large crop
next season, owing 10 the low prices Tor
cereals and hogs. and should this be-
done, il would have 4 depressing lnfiu-
encc on the tobacco markets every
where.
We are convinced that the prices that
have been paid by the Ohio dealers are
too high, considering the nnfavorable
! outlook OF the market both AT home and
abroad, and We strongly urge all our
friends To- reduce their averages and
only buy at such prices as look sale,
and dock heavily for the badly worm
| eaten crops.
We note decline in ocean ireights
the past few months.
JOUN sullivan Sous.