Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1881-02-07
y. a,,,rastrr fntcItigcllrer.
MONDAY EVENING, FEB. z, 1881.
Tobacco.
The New York Market-Seed Leaf and
Havana.

The New York Market-seed Leaf and
Havana.
United States Tobacco journal.
The market is stiff Notwithstanding
the large number of failures in the trade,
holders Of 70 tobacco believe they will
obtain hi. prices and profit in the future.
A belief in the truti, of the adverse reports
OF the condition of the 80 Pennsylvania
crop appears TO have taken firm root. No
body in need of tobacco during this year
or next. seems willing to give these reports
the benefit of the doubt. Manufacturers
mean to be sure of the supply of leaf, and
not trust to probabilities. The consequence
is they are buying 70 leaf willingly. if not
eagcrir, and quite rise in prices is per-
ceivabie. JobbcrS. however. are more
cautiGTS. To buy - leaf ut present prices
is hazardous for them. The small manu:ac-
turcr who has to pay them profit cannot
make any money Oh the tobacco. and con-
sequcntly will find difficulty in paying for
it.
The 20 crop o: all srowths cont aims but
little heavy yielding material Neterthe-
less. at low figures it can be worked with
profit. At high prices it is an absolute
impossibiiity to manufacture ii prolitably.
Those manufacturers who bought when
80 stock was low &. couple of months
ago. when this paper advised its readers
not to rely upon any further fall in prices)
have not raised the prices c;cigars. There
fore, it is difficult. il not impossible, for
anybody to compete with them who has to
pay cousiderab: more for leaf than they
paid.
The hopes OF all .job!,:rs are conferred in
the 80 Pennsylvania. They know that
tho crop, as 4 whole. will be bought
cheapIy. and its comparative cheapness
will make up for its defects. These de
fectS are acknowledged to consist Of little
punctures in the Leaf made by insects. 1t
is claimed thrce-fourthS OF the crop is af-
fectcd in that way. These tiny holes,
though very abundant, are not very hurt
full. But packers of experience hold that
such holes in leaf grow larger after the
tobacco has swcatcd and dried out, and
the leaves containing them cannot be
used for wrappers. We leave this opinion
to the consideration OF our experienced
, cigar manufacturers.
1t is difficult to foi.m any opinion OF the
condition OF any Of the sc crops, rs 4
whole. The extremely cold weather does
not permit Of their beimg inspected. n
week Of warm weather may change the
condition of thing very materially.
The sales Of the week VIC specify as fol-
lows PennSyl!ania-Crop'e 1l09 cases;
fine running, 20 to 23 cents; medium, -
to 90 cases low, Is cants and upward !;
filters, s! cents.
Connecticut-Cr"p 70: 800 cases wrap
pcrs, :'S to 10 cents: running, H. to %
cents secolr!s. Is. to II cents.
Whconsin-Cr"p -: 300 eases Havana
seed, running. ~ 10 Il cents; 100 cases
Havana seed filters, Q cents.
Ohi"-Crop 70: 60 cases, =. /.
State--CrOp %: 1lS cases for export,
PIT
Havana. Market again active. with good
demand Tor - Nuelta Ahaio. Sales of
Remedies were $50 bales, at 81 cents. AS
yet n" sales OF 50 stock have taken place.
1t Is higher in price than the 20 and rs
there is {, sufficient supply Of this in the
market, thc'Se continues re elected, al
though late shipments received here show
excellent quality.