Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1880-01-12
TOBACCO.
The New TOrk Market---The Crop still Com,
Ing in.

1t continues to look lonely in our market
Of course. as our friends OF the Lancaster
papers would say, 1.-The best blood of the
leaf trade is packing new tobacco and, as
we say. 1.-The best blood OF the cigar man.
ufacturinS interest remains at home.
Where arc the buyers ~ the wearied leaf
men are now exclaiming, as the see day
after day pass accompanied 10y no call for
tobacco. The fact of the matter is that
the large manufacturers are gradually be-
coming wholly independent OF our leaf
market. They buy from country packers
or themselves pack in the country. So do
the great mass of Western jObbers. Only
small parcels of goOds-mere necessities
are being bought here by them. High
prices are the cause of this The
leaf market OF New York city
thrives only when prices are low. The
folly of those who invested in - tobacco
at unwarrantably high figures will bring
about it own punishment. All the talk that,
for example. the fine - Pennsylvania is
the finest tobacco ever raised and therefore
will sell at high figures, is but so much
bosh. The limited jObbing trade does not
risk buying high-priced goods when the
country is Hooded with tobacco which will
sellat low figures, and contains fine tobacco
as well. Cigar manufacturers cannot pay
high figures. not alone for the reason Just
mentioned. but because of the r-,landed
competition which does not allow of the
raising Of prices of cigars.
There was II little improvement in IS
Pennsylvania goods this week, and some
small but fair running lots were sold at Is
and ID cents. IS Ohio again received con-
siderable attention. and some 800 cases
We're sold at from 10l tn ii cents running.
Pennsylvania filters of the - crop realize
from I'D to 13 cents. For rs Connecticut
very little call was made and the sales re-
ported amount to 100 cases seconds. at 13J
cents, and Us cases wrappers ut 2S to 80
cents.
Havana-Market active. Sales $40 bales.
Strictly tine - goods sell at eXtraOrtinari-
ly high figures. Ono sale Of 1O1 bales was
| made at Sl.65. There is large quantity
of very good filters. though. in stock. which
| sell from S1.1O to Sl.25. Inferior styles can
be bought in bond at from 81 to 80 cents
The Local Tobacco Trade.
The principal features of the trade
deserving notice at this time is the unpre--
| cedentcdly large receipts O: baled leaf at
the warehouses. and the continued activity
! among buyers. Although, fully three
| been secured, there continues q clemant;
for more" and there is scarcely IA lot of
| good ieif offered for sale but there are
two or three buyers eager to get it: This
| spirited competition which has been pro-
| nOunced ''ruinOus. stupid and ''i.iotic'
| by certain would-be organs of the trade.ap-
pears to have been of great advantage to
| the packers as we'll as the growers. The
| latter have received an ample reward for
! their careful and wel-tiirected industry,
and the former are not only in possession of
the finest crop of leaf ever grown, but they
| have by their enterprise and pluck added Il
tone to the market which has kept up
prices to such figure that they have been
able gradually to slide off at Il fair profit
| their large packings of IS leaf. which had
received such Il ''black eye" early in tae
season us to make it for :. time quite an
elephant on their hands,
| Besides the advantages shared mutually.
by the packers and growers, the conmrr-
nifty at large has been greatly benefited
by the early lifting OF the crop. AS is.
| well known, many small farmers and crop
pers are compelled to buy their household
| supplies ON credit from the country store
keepers, depending on the sale of their to-
bacco to liquiiate their debts. In Years
| gone by, when the crop was not lifted
until late in the winter (and sometimes
not until spring. the croppers could not
| fhni,. IL,
keepers could not pay the whole
sale merchants with whom they dealt.
As a consequence there were hundreds of
| petty and vexatious lawsuits among the
times ruin to the litigants, and of no pos
sible benefit to anybody except the JUS
tices and lawyers. Now, all this is
changed the croppers, with pockets full
of money, pay their store bills. the store
keepers pay the wholesaler, the packer
works off his old stock and supplies
it with better one, not one law
suit is heard of where formerly there were
scores of them; here are few or no fail
urcs constant employment is given to
thousands of men in stripping. sorting,
marking and packing the crop. and there
is general "boom'' of prosperity all
around, instead of the bankruptcy that
was prophesied by the organs Of the,
bears.
Of the crop of 1878 nearly 400 eases
sold in this city during the past week, the
terms being private, but reported satisfac-
tory. OF the crop of 1879, not less than
52O0. 900 worth was delivered ut the ware
houses in this city, and paid for on Sstur-
day.
The York Dispatch of Saturday says:
''Messrs. Skiles & Frey received at
Wrightsville 125, 900 pounds of tobacco
from the lower end of the county, all of
which was brought by teams. Samuel
KOches sold 275 cases of his 1878 crop to a
Philadelphia firm"
Large numbers of sales continue to be re-
ported, showing that prices are being fully
maintained. Only few of the city ware
houses are receiving to-day. Among John
$. ROhrcr's receipts We notice fve-acre
crop grown by G. V. kendig, of ConestO-
ga, for which %, 8 and 3 was paid. Five
acres grown Oh the same farm by William
and Jacob Caldwell was sold to Werth-
elmer for OIL 10 and = J,coh Morricnn