The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1881-06-15


We take the following hem tAe tobacco
circular. dated Sist uItimo, Of Messrs.
ALsxAxpsn B. BRsxxKs q Co.. Of London
The business Of the month has embraced
all sorts, but the total sums up very mode
rsieIy. The feeling OF holders to sell is, In
some instances, checked by orders OF the
shtppers. which hss stopped some business
| that might have been done; and as regards
| the finest Virginia strips, we have 10 record
the lately unusual fact that prices are put up
lld. III the make Of them Is to be only 800
oesbeads. ~ stated. this ought materially
| 10 Improve the position OF the best OF the
stock on hand. The make OF western
| strips, nut al 1900 hogsheads, Il also much
below the delivery, but we have heaps OF
some Kind which the trade will get on
with. The Board OF Trade returns con.
tinue TO show a decline In the con.
sumption, and for the four months
there IL q heavy falling on both In manu-.
| featured and uumanufactured. How much
smuggling has to do with this II Is impossi-
BILE to say, but II must seriously affect
profits, because II Is evidently now carried
| on In a new fishion. We are informed that
| the late seizure here was stripped tobacco,
| ct for cigars, which is almost proof that
so large quantity was intended 10 be stored
| for gradual distribution. Again, retailer
| is found steaming compressed Shas, he says,
bought from sailor, which may do for
the marInes.n The probability is that there
Is DEPOT also for this. While writing, we
see by to.day's papers that Dutch cutter,
of Brighton, was boarded by the coast.
guard, who found there ga very large
quantity OF tobacco. The skipper and
three men we're handed over TO the police"
Altogether we never recollect the trade In
such an unsatisfactory position in every
branch. With few exceptions II Is scarcely
possible TO meet with any one who Is not
complaining heavily Of less business or less
profit. This may be owing to the increased
duty land no one would be more glad to
see Il reduced than ourseIves) but we ques-
ton It.; and nolwitnstan ding our friend
who kiodly objects to the remarks in our
last, we must repeat them. We do not
deny that there Is an increase IN the use OF
common tobacco; but IL has not been in
substitutes, for ii is fact that the con-
sumption OF substitutes has seriously de-
clined every year since 1875; 1t has de-
cined seriously since 1877, aud American
has increased.
In 1880 Liverpool delivered more Ameri.
can tobacco VeavIng out exports) ,han IL
has done for ten yeIrs. London paid more
duty on American than in any year OF that
period, and it NAV fairly be assumed that
Scotland. Bristol, &C., did the same.
A deputation TO Mr. Gladstone complain.
ing OF the duty driving them TO the use OF
"inferior growths" would be rather check
mated by the production OF the official
figures.
The advices OF The crop coming to market
in America state that dark western tobacco
is improving iD quality, but dark Virginia
seems past hoping for. The growing crops
vary. Some say the plants are very bad;
others say they are all that could be wished.
The Italian and Spanish Regies also have
contracts out for tender. There is every
appearance Of a large demand for dark leaf,
hut whether the nate OF strips this year is
1000 or 1000 below our consumption Is
really of no consequence. The stock OF
strips in London Is larger than last year; 1t
will last ill 1884, ard price is now more
looked at 10y most buyers than quality.