Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1881-02-28
TOBACCO MARKET.

For Seed Leaf and Havana.
United States Tobacco Journal.
Our market was exceedingly dcsOlate
this week. Those who for the past few
weeks srasped for good tObarcO like
drowning persons for the proverbial straw
are now very likely taking Il solid rest af-
ter their :,re:,t exertions.
1t is difficult and thankless task for \
trade journal to report and criticise ac-
tions OF buyers and sellers impartially.
Those who buy in times Of excitement
generally feel sad when the reaction Of the
market sets in. and they find that goods
such as they succeeded III obtaining from
holders by strategy (becanse they imas
ined them to be the only stock Of the kind
procurablc) are still to be procured in the
market Those who buy ut such times be-
come el,tc.l if the excitement continues
it is to them & certificate OF their smart
ness and ability. Notwithstanding the
quietnesS OF the market, those who re-
Gently purchased so heavily ut high figures
need no. be alarmed. There is now not
the least possibility that figures for any Of
the 70 crops viii! go down. This il the
only consolation VIC can give them. What
they can make on their purchases only
the future can tell. All - stocks arc
staple articles 1t will b. six months be-
fore the 80 can be used AMI although
our stock of old goods is by no means ex-
hausted. though holders try to make
others believe SD, the usual demand FOR
home consumption stands no chance Of
interruption from any source.
In PENNSYLVANIA buyers are busy pick
ing up 80 tobacco Will, or without holes.
The price paid depends upon the size Of
tho h,,fc Npopr1ip,,y tn rnnnrfS rhlS
done with a niccty bordering OH science.
Ii the market opens in the fall with the
| fermented 80 Pennsylvania. it appears to
he imperative that the selling prices will
also have to conform to the quantity of
holes in the leaves, and our readers must
then not be surprised to see Us quote sales
| in the fOllOwin. fashion
| "Pennsyivania.
"Crop 80 : 100 cases, with 12jt holes
to the square inch, - cents.
"1OO cases. with 40,9GS9 holes to the
cubic foot, s cents.
$3.50 cases, holes kept in separate cases,
80 cents.
| $500 cases, with holes only on tho
wrong side OF the leaf, 30 cents.
| 1900 cases, holes only, p. IT,
From Wisconsin ami Ohio the reports
regarding the 80 crop arc encouraging,
and buying is steadily going OH ut lass
| years prices. Should these two crops
really prove useful, any fear rs to future
scarcity of leaf may be abandoned.
The sales Of the past week were:
| Pcnnsylv,,ia-Crnp'7 70 :4jO eases, prime
running, %. cents medium, 16 to 10 cents !;
low, III t" - cents filters. = cents.
COnmcticut-Crop' 70 =: 800 cases, most
! ly wrappels, Il: "a to Sc cents seconds
very scarce asking figure II cents.
Ohio-Crop 10: $50 cases running. 1O3
cents.
Wiscousi,,-Crop 70; 900 cases. II to
| 16a cents the latter Havana seed.
! Havana.
| Market active. Sales reach 800 bales.
| Uptown manufacturers were the principal
buyers. 200 bales OF 70 Remedies sold at
SO cents; 115 bales of 10 Vuelta AbajO at
$1.O9. For 80 stock the apathy in the
market continues.
Next week the y. S. 7oJacc0 Journal
will BE- enlarged. Two pages will bo ad-
tled, making it a twelve-pagc paper and
publication devoted to the interests of the
toba co trade in the world.
Gans's lsep"rt.
! Sales of seed leaf tobacco, reported by
]. S. Galls's Son Il Co., tobacco brokers,
Nos. 81 and SO Wall street, New York, for
the week ending February 2S, 1881 600
cases 1879 Pennsylvania, assorted, 12(a.
&c.; wrappers, 1sa,40c.: 300 cases 1879
New England, wrappers, 15(G:Uc.; 200
cases 1879 OHIO, 9lGl21c.; 15O cases sun
dries, JI1ls... Total, 1,s5O cases.
1t reported from Philadelphia to the
| LeOf. s.i':..hcr, and iObbers report trade
not heavy. 5ut very agreeable and salts
factory AL grades arc selling ut full
figures. SOM. ni our Philadelphia pack
ers have closed the 1879 Pennsylvania
crop IL. fact. dealers now claim that old
PENNSYLVANIA will very shortly be splendid
propeity. This branch looks profitable. y
Commissioner Raum gives the number
Of cisa $ manufactured in 1880 in the
United States as z, 2,37O, 344, ,O75. Allowing
25 pounds Of tobacco to each thousand
cigars. gives 80, ,25S, 600 pounds of tobacco,
from which is to bc deducted S,876, ,515
pounds of foreign leaf. leaving the amount
of domestic leaf used in the manufacture
Of cigars during the fiscal year 1880.
80, 3So, OSJ pounds Or reckoning $50
pounds to the case, about IA, ,co0 cases.
The Local Market.
Tie past week has been 4 busy one
among tie buyers, and very disasreea-
bic one. they appear to be anxious to
buy, and yet the roads arc so abOminably
bad, and the weather, durin. part OF the
week, SO cold as to put the tobacco in bad
condition for examination. Still. good
MANY buyer; were out and u good deal Of
tobacco was bought and delivered at the
city warehouses. Saturday there was y
larger number Of wagons loaded with to-
baccO than at any time since last winter.
| Oppenlieimer is credited with receiving
over 100 600 pounds and several other
houses large quantities, the weight not
stated. II Is impossible to make very
accurate estimate Of the total amount
bought in the county up to this time, but
| 10 600 cases is not very wide Of the mark
| The estimate OF Lancaster correspondent
of the New York .IournGl that "15, 600
cases of the crop of 1880 have certainly
been packed and no less quantity
| bought. an aggregate of about 1000
cases." is great exaggeratiOn but
when the roads begin to dry up,
so that buyers eau travel with sOme
comfort, let US hope that the sales may
soon reach and surpasS the figures above
quoted. Mr.. A'tschue who buys fora CALI
fOrnia house, is credited with having Sc
cured S0t eases Of very fine leaf, and Is
about e!osin. out. One OK two other
heavy California buyers are reported en-
route, ai,,i may put il an appearance in
Lancaster within a few days. Open
hcimer has !.ousht perhaps 1,OO0 cases
Skiles & Frey nearly rs much. Frey Il
Weiiler 800 eases. and Eearlya!l the city
packers quantities ranging from 30 to 500
cases.
As closer examination OF the crop is