Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1881-05-02
1ancastcr fr,teMqet,cer.
MONDAY EVENING, NAY 2. l0el.
Leaf Tobacco.
The New York Market.

1>Cot AO~~SS~s
The New York Market.
United States Tobacco Journal.
Fourteen hundred cases of 80 New York
state, 800 cases of 80 Pennsylvania, and
200 cases of go Connecticut seconds, are
reported sold by one firm. The state and
Pennsylvania were bought by prominent
manufacturer, while the purchaser OF the
Connecticut seconds was a jobber. To
none of these sales should any importance
be attached. They were forced sales, as
far as we are informed, to close out the
packinps of 80 tobaccos of the firm pre-
vious to the retirement from business of
one of it's members and his departure to
Europe. Neither are these sales indica-
tive Of extraordinary qualities in the 80
state. PENNSYLVANIA or Connecticut. For
offerings of this kind and in this shape
buyers can always be found, especially
when the prices arc low enough. That the
prices were low we are assured by one who
knows what figures were paid. Neverthe-
less, We repeat our assertion of two weeks
ago, that transfers Of packings of 80 crops
will take place unusually soon; and judging
from the scarcity of good old wrappers in
the market at this comparatively early
period, moneyed cigar manufacturers and
iObbers will keep sharp OOk-out for all
fine packings of 80 that may possibly be
offered soon. To say that this is judicious
or injudicious, would bc folly. We con-
slider all crop estimates imaginary. Most
glaringly this was shown by the yield of
the 70 crop. Z.
With but the shadow Of an export busi-
ness, our markets are bare of good tobac-
COS nothing but small quantities Of ~
stocks are to be had. The 80 crop is talk
ed of as being immensely larger in yield
than the 70 crop. There is no authority
to uphold it, however. This much is Ger
tain-that the past severe and prolonged
winter has injured great deal OF tobacco.
Therefore we advise our readers to use all
possible caution in making early pur-
chases of packin2s of 80 tobacco, and not
allow themselves to be guided by reports
or. rumOrs regarding crops. If they see
for themselves and abandon all notions
regarding the section where the tobacco
was grown, and if they buy subject tore
sampling at the time of accepting the
goods, their carly buying Of packings will
be at least legitimate commercial ven
lures.
In 70 tobacco but a small business was
done. Holders of 70 Pennsylvania are
stiff 224 to 20 cents for so-called fine run
ming is the market figure. Even low
goods of the 20 Pennsylvania crop are be-
coming very scarce. At the rate it is lcav-
ing the market, manufacturers and job
bers will have to fall back on the neglected
balance of the 70 Connecticut. This
stock can be bought low now, and specu-
lators::should give it attention. The entire
sales of 70 to5accos may be summed up as
1,1OO cases, mostly Pennsylvania. Prices
Of all old stock remain as quoted in last
weeks edition. AS we 60 to press bona
fidc sale of 800 cases of 80 Wisconsin,
Havana seed, is reported.
Havana-Market active. Sales 800
bales, nearly all 10 stock. Price un-
changed.
The Philadelphia Market.
Leaf
Demand of old leaf continues excellent,
especially for old Pennsylvania. Dealers
now claim that the only difficulty they
have is to find good old stock at desirable
prices. Buyers are daily on the market ;
stock Of the right kind is all that is
needed. Packers arc freely buying of new
leaf
Important to Cigar Manufacturers.
The following change of regulation in
regard to the removal of cigar factories
has just been promulgated by the commits
siOner of internal revenue !: 1t will not
be necessary hereafter to apply to the
commissioner for permission to remove
cigar factories, including unstamped cigars
Collectors are hereby authorized to grant
permission to cigar manufacturers to re-
move their factories under existing rules
and regulations, reporting promptly every
such removal to the commissioner of in
tcrnal revenue. Inasmuch as such a re-
moval, if made without the written con-
sent of the makers of the bond of the
cigar manufacturer, might relieve them
from any liability for the payment of the
tax on the cigars SO removed, and from
further liability at the new place of bust
ness. the utmost care will be taken by the
collector to secure strict compliance
with the regulations"
Cans Report.
Sales of seed leaf tobacco reported by J.
s. Cans Son s. Co., tobacco brokers, No.
131 Water street, New York, for the week
ending May 2, 1891
1,5OO cases 1880 State, p. t.; 800 cases
1880 Pennsylvania. 20c.; 200 cases 1880
Connecticut, seconds, 1Oc. $50 cases 1879
Ohio, &C.; 17j cases 1879 New England,
12@2Oc.; 100 cases 1879 Connecticut, 1Sc.
800 cases 1879 Pennsylvania, 10G25c.; 300
cases sundries, Sa16c. Total, 3,225 cases.