Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1881-08-29
1anraster fnteIliQe1lrer.
MONDAY EVENING, AUGUST 20, 1881
Tobacco.
Tho New York Market.

Tho New York Market.
U. 8. Tobacco Journal.
Our market is just now one vast Hood
of ioy. Every one who has tobacco of any
DESCRIPTION feels twice his size. Even the
detected holders Of 80 (Big Flats) State
show little glimmer of hope that their
bottled up investments may, after all, he
released some time or another without too
cruel loss The discouraging news as to
the 'S1 Kentucky and all cutting tobaccos,
the rise in prices of old stock Of this de-
scription, the suddenly increased export
demands, tho great certainty that the
yield of the 'S1 seed leaf crop will be no
larger than its predecessor, and last,
the continuing great activity among cigar
manufacturers, combine to give our mar
ket the present brilliant outlook. While
conceding that some of tie just cited
fact have justiliable bearing upon the
market and its consequent enthusiasm, We
cannot exactly see why any failure in the
Kentucky crop should make the seed leaf
market raise its figures. At tho best it
can only make . better channel for the
outlet of tho trashy seed leaf stock, of
which there is no great quantity, and ap-
parently will not be this month or next
year. Certain it is, that we have no more
seed leaf tobacco on hand than We want,
and all indications arc in favor of a rising
market; but why every holder should all
at once consider himself an embryo CrGsus
is hard to see. In another place We treat
the subject of the possible limit of prices in
seed leaf, which will be found closely con-
nected with the above review. The total
sales of the week number about 1, 800 cases
of which GOO were 80 Pennsylvania. Tho
balance comprises small lots of nearly every
crop, old and new. The quotations for 80
Pennsylvania this week are
Fine running eco to 20 cases wrappers
in 100 case lots), 19 to 20 cents medium,
Is to II cents low, 12 to IA cents fillers,
q cents.
Havana market very active. The gen.
eral buoyancy in all tobacco. markets has
had its influence on Havana, and better
prices are being paid. Total sales, 1900
bales.
The fhilxdeiphia Market.
Seed leaf packers and dealers claim
business elegant, but question the propri-
ETY. of offering goods just now, as it looks
as if stock would be much higher this fall
and winter they seem to think that if
hogshead leaf is affected by dry weather,
SO will cigar leaf a very likely conclusion.
Several large lots Of new leaf have been
handed over to Western purchasers; one Of
our houses sold 179 cases of Duck Island,
1880 crop, this week to 60 West. Several
lots Of other grades of new leaf have pass
ed away from the city, all at profitable
prices.
Cans Report.
Sales Of seed leaf tobacco reported by j..
S. Gaus' Son & Co., tobacco brokers, No.
131 Water street, New York, for the week
ending August %, 1881: 1000 cases
Ohio, $ to 12!c.; 800 cases 1879 Ohio, 6 to
13c. $50 cases 1880 Wisconsin. Havana
seed, 1sl to 1G: 800 cases 1880, Wisconsin.
to l0c.; $50 cases 1879 Pennsylvania, 10
to 40c. 400 1880, Pennsylvania, 1s to 1Sc.
800 cases 1879 State Flats. Is to Tic. 200
cases 1880 New England, p. Total,
5, 105 cases.