The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1878-06-07

Editor Of tAs l~n..lis.nor.
BA1ErNoRE, June 8

bALIIhokA1 June "
Editor Of the IntsTissnOer.
Tobacco contracts were yesterday aWar'
ded At Paris, a. follows:
For 1000 hhdG. Ohio, 10 Messrs. De
Campo, whose Agents In this city arG
MssGrs. ]. D. Kremelberg q Co.
And for 1900 hhdI. Maryland, 70
MeSsrs, Mas & Matthias, for whom Mr.,
9. o. Gorter will purchase in this mar.
ket.
Although these contracts are copjsctur'
ed to have been taken at low prices, II
does not follow that there will be any
further decline in our market, especially
II, As we anticipate, there will be . gene
rally reduced planting throughout the
country. There Is no induoement for lar
mers TO raise much tobacco at present
prices, and besides, there IL the possible
contingency Of an %unfavorable season.
The Italian contracts for about 800
hhds. Ohio, and 500 hhds. Maryland To.
bacco are to be adiudicated at Rome on
the 2lst inst.
We regard Ohio tobacco as being in
rather 40 advantageous position. The
quantity called for under The Reggie con-
tracts will amount 10 nearly cne-half the
visible supply, including old stocks as
we'll a. the crop coming forward. The
consumption Of Ohio as well as other
American Tobacco at present prices nat
urally tends 10 increase, At the expense OF
inferior Asiatic substitutes, the use Of
which was stimulated in Europe during
the high prices prevailing several years
ago. Present prices r about one dol.
lar below the average gold value for
twenty years, and We therefore expect o
sufficient demand in addition 10 the Reggie
requirements, to absorb all the Ohio to-
bacco In market and to arrive, before the
end Of the year.
Although not sanguine Of 8 large I'D.
vance except in the event Of q crop fail.
ure, we firmly believe that everything
points to q more active market near At
hand, and that nothing but continued
oyerproduction (which Is altogether I'm.
likely, can disappoint u expectations
OF q favorable reaction.
Sales OF about $50 hhds. old Ohio, are
reported to have been made during last
month, on private terms, to complete the
Italian contract.
Agents are now directing all Ohio To-
bacco received over the B. 4 o. r, r. to
the Warehouse recently established by
that Company at Locust Point, thereby
saving drayage and cooperage, and We
have reason to believe that the inspection
and management will compare fayorably
with that Of the State Warehouses.
Inspections Of Ohio Tobacco amounts
to $40 hhds. against 6,476 hhds. same
time last year.
Very Respectfully,
WIN. LAMpIsG 4 Co.
(Ano,hsr Cons,poudsntl
Editors Intsllig,noer;
Weiust learn tina. the French contract
for 1000 hhds. Ohio tobacco has been
awarded to Mr.. Campo, whose agents here
are Messrs. J. D. Kremelberg & Co. The
contract for 1000 hhds. Maryland tobacco
has been taken by Messrs. Mas 4 Ma.
thias, whose correspondent here is Mr.. G..
o. Gorter.
Nothing positive is known yet regard
ing the price at which the Ohio contract
has been taken, but from all we can as.
certain we infer that II has been taken at
a very low figure, and probably at not
much above S..
We should regret very much II the
contract has been taken at such a low
figure; II 80, wethink the contractor will
have some difficulty in filling his contract.
Yours truly, Wr1KESs d BEALL.