Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1880-05-17
Leaf Tobacco.

Last Weeks New York Maaket.
T. S. Tobacco Journal.
1t almost seems as if every buyer has
a pledge to abstain from purchasing new
tobacco of any kind. Not single trans
action in 10 tobacco was made this week;
and Judging from the views expressed by
manufacturers and jobbers, the period
when in this market new goods will be
bought is as yet far off. That in a few
months from now their purchase will be
compulsory, is undeniable /; but what
prices will be paid and what particular kind
of crops will he taken is a matter of con-
lecture Holders of 70 Pennsylvania labor
under the idea that without their tobacco
the manufacture of cigars on a large scale
is almost an impossibility. Last week We
pointed out the fact that manufacturers
do not place so much value upon the soil
where the tobacco is grown as upon the
yielding quality of the leaf and its price.
Packers of 10 Wisconsin, Ohio and state
claim that in yield and price they will be
able to undersell the holders of 70. Penn
sylvania. OF course their statement must
be taken with many grains Of allowance.
Generally at this time of the year packers
claim superiority of crops they have pack
ed over those of any other state but this
much may be relied On-that '79 Pennsyl-
vania has competitors in the crops of the
states mentioned above, and that our
warnings in the early part of the packing
season, which were sneered at and derided
by many, were based upon calculations of
such events as are occurring now. The
70 Connecticut, now in process of fermen-
tation, as a rule shows leaf which manu-
facturers of fine cigars will appreciate.
<o1>o
in the market that may be termed isolated.
1t becomes competing crop only when it
is poor. AS long as it is a useful or fine
crop, its sale is not interfered with by
other crops, however fine they may be.
Pennsylvania of the rs crop sells as it
has sold for many weeks past. Sellers do
not get much higher prices than were paid
three months ago and while, three months
ago. the stock of '7S Pennsylvania was
estimated to be but 5000 or 5000 cases,
there seems to be. notwithstanding weekly
sales averaging 800 cases, no end to the
receipts and offerings. A scarcity of
tobacco by no means exists. Ohio of the
'7S crop is offered op all sides, and '7S
Wisconsin looms up at anytime when but
asked for. Export is still in a comatose
state. The sales of the week we specify as
follows:
Pennsylvania IT &c cases, rum
ming, 25 cents. Crop '7S: $50 cases
filters, II to II cents running, fair, 1S
cents fine, 90 cents wrappers, 35 to 45
cents.
Connecticut-Crop rs: 100 cases
seconds, 13t cents wrappers, 80 cents.
Crop TO: (rumored) 200 cases, seconds,
12 cents.
Wisconsin-Crop '7s: 12O cases run
ming, III cents.
Ohio-Crop rs: 2S5 cases running,
8 to 10! cents wrappers, IA to Is cents.
Havana-Market moderately active.
Sales 700 bales. No advance in prices.
Gans's Report.
Sales of seed leaf tobacco reported by
J. S. Gans's Son & Co., tobacco brokers,
Nos. 81 and sc Wall street, New York,
for the week ending May II, 1880: 100
cases 70 Pennsylvania, p. t.. 400 cases
rs Pennsylvania, assorted, 12@18 cents
200 cases '7S New England, wrappers,
13@2O cents "a cases rs New England,
Is cents 100 cases 70 Ohio, p. t.; 100
cases '7s Ohio, 1O4 cents; 100 cases '7s
Wisconsin, 9@12 cents 100 cases SUM-
dries, 9@1S cents. Total, LIZA cases.