Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1881-02-14
s..'s:aslrr tmtelIigencer.
EVENING. FEB. IA. 1881.
Leaf Tobacco.
The New York Market.

The New York Market.
United States Tobacco journal,
At the beginning of the week there was
decided ''run' on 20 crops. The con-
ditiOn of the greater portion of the 80
crops makes manufacturers feel uneasy,
and they do not feel inclined to take any
chances regarding their supply of leaf for
the coming year. Consequently, they buy
boldly, making the hearts of their brokers
thrOb with delight. This was really a fes-
tival week for the latter. Sellers were sur.
pris!ngly willing to dispose of goods, even
at very small profit ; and buyers purchased
with an aiacrity that puzzled the Oldest
and most hardened leaf dealers, who could
remember nothing like it in the history OF
the ;r,Gc. The fact that the holders OF
~ leaf, Pennsylvania especially, sell out
whichever a favorable occasion offers, goes
to show that they are not so thor
oughly convinced as others are of the
bad condition of most of the 80 crops. If
they were convinced, they could make L
fortune by holding on to their old stocks
Those who have already packed 80 New
York state and Connecticut are full of
praise of these crops. OfcOurse we know
that the statements which they make are
totally notwithstanding they are. And
We MAY venture the opinion that in an
equally disinterested spirit they will speak
of the so Ohio, Pennsylvania and Wiscon-
sin crops, after having bought them out of
pure commiseratiOn for the growers. At
any rate tho rumOrS of the poOrness of the
80 crops have brought life to our market.
Those who have bought in the excitement
OF the hour have at least the satisfaction of
having impaired IN excellent fcelin. to
the market.
The most important feature of the week
was the sale OF 10GO cases of 70 Ohio by a
packer To large cigar manufacturing firm
in this city. This was surprise in many
respects. Since til, 20 crop has been in
the market the reports of sales by those i'll
tercSted, either the buyer, seller or broker,
We're mos,ly confined to the 10 Pennsyl-
vania or Connecticut. It almost seemed
rs if nothing but 20 Pennsylvania or 70
Connecticut had been dealt in; or when
occasionally transaction in 20 state,
Ohio or Wisconsin bec..llc public, it form
ed Il special topic of conversation in the
market. Manufacturers particularly ap-
peared absolutely unwilling to have it
known +" anybody that they had bought
70 nhi" stale OF Wisconsin, while they were
particularly anxious for the world to he ap-
prise'! OF Tie fact that they had bought 70
Pennsylvania and Connecticut. Now sud
denly there comes Il prominent cigar man
uf;ic,urn., firm (ald one which does not
make cheap cigars eithcr and publicly
buys 600 cases OF 70 Ohio Their pur-
chase created universal comment in the
market, and all sorts of theories regarding
their action We're formed. Our theory is
that this firm properly cares very little
where tobacco is grown, and buys any
kind. providing il suits them and their
trade and Is LOCO eases of running 70
Ohio cost some $4,000 less than 900
Cases of medium running - Pennsylvania.
practice Is once more demonstrated to be
far ahead of theory.
Thns paper has from time to time adj
viscd its readers aud especially manu!ac-
turers, WAN looking tor leaf not to look
or ask for Il particular crop, but to exam
iIe everything whether it is Connecticut
or Pennsylvania, Ohio or Wisconsin, or
any other sort. How many Lave lately
bought % Ohio for 20 Pennsylvania, only
Providence and the sellers know. The
effect OF the sale GG 1000 cases of 20
Obi" vii! certainly be that I. great many
Manufacturers who heretofore have treat
ed an offer of Ohio with contempt, will
now bcstcw their affections upon it.
The sales of the week were as follows
Pcnnsyivania-Crnp 10: 800 cases me
dunn. II to : cents tine, 20 cents very
fine, II to %! cents.
Conmecticut-Crcp 80: 400 cases,
Housatonic) p. t.; $50 cases, II to %
cents wrappers. 2G to 81 cents
OhiO-Crop 10: 1000 cases running,
reported ut somewhat above 10 cents, re-
weight
State-Cr"p -: 300 eases (165 Of which
We're Big Fla;S), III t" r. cents.
WiSe"nsin--Crop 20: 300 cases; run
ming, to II ccnts some Havana seed
cunning, Il cents.
Havana-Markct lively. 20 stock sells
easily. Remedies was much i'm demand
at so to 80 cents. Two hundred bales of
- tuclta Ai'ajo sold ut SIG. Total
sales of 20 stock. 900 bales. Il sale of
150 bales so Euclta Abajo at 81. 10, is re-
ported To 4 manufactured, but both the al |
legged buyer and seller refuse to give par
ticula,S.
Not Heard From i
The creditors of Joseph Lewis. who SO |
adrOitiy swindied New York leaf dealers
out OF STA. 600 worth of leaf tobacco, have
in vain tried to elicit Il statement from him.
He utterly refuses to say anything in re-
gard to his indebtedness. Or, better the
money he stole from the trade Ecre MANY
letters have been addressed To him regard.
ing the matter, all of which he has treated
with stolid indifference. Lawyers have
been appealed to, but their views are of
such 4 discouraging nature that the idea
OF criminal prosecution has apparently
been given up, and Lewis remains the un-
desputed owner of about $50 900, which he
obtained ly downright swindling.
Gsnss Report.
Sales Of seed leaf tobacco, reported by
J. 5. Cans Son & Co., tobacco brokers.
Nos. 81 and Sc Wall street, New York, for
the week ending February IA, 1881 1, 700
cases 1879 Pennsylvania, filters, 65G7c.;
assorted, i2!!Ge2tc.; 600 cases 1873 New
seconds and wrappers, 1e@3Sc.;
II Housa,onic, assorted, COG pee; 1sO eases
IL ~ state, p. t.; go cases 1879 Wisconsin
Havana seed. assorted, iGG12c 1900
cases 1879 Ohio aSsnrtel .1alac tot.,l