Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1881-03-07
The Tobacco Market.

Seed Leaf and Havana for the Week Ending
Saturday, March 8, To- ~.
United States Tobacco journal.
While everything in our market regard
ing the 80 crops is as yet theory without
practice, everything regarding the ~
crops is practice, with no theory at all
about it. The latter crop continues to be
brought up at figures that are staggering
when the prices Of the cigars that are to
be made out of it are taken into considera-
ton. To some of the large manufacturers
in this city, the present state of the leaf
market is proving an opportunity for
money making. They bought in low
market much in excess of their actual
yearly needs, anticipating that the ~
crop would be ba,; one Whether their
ideas regarding its condition have changed
or the present high market is too seduc-
tive, is immateri:.i. The fact remains
that they are quietly unloading their sur
Plus stock, evidently realizing more profit
out of it by this process than by manufac-
turing it into cigars
Fine wrappers Of the '79 crops will sure
ly remain in great demand during the
year, irrespective of the looks and quality
Of the 80 crop Ii the market continues
brisk fine wrappers will soon become
scarce Substitutes will then have to be
sought. AS substitutes We name princi-
pally Sumatia wrappers, which OF late
have met with so much favor among the
manufacturers Of fine cigars. The yield of
this stock is SO much in excess of that OF
fine seed wrappers, that the difference in
price is trifiing.
The 80 crops as being brought up now
with Increased avidity. The damp weather.
permitting better inspection, facilitates
purchasing those who have SO far in
vested in them praise their rpurclases high
Iy. They always do at this time of year.
Those WHO have packed 80 Connecticut
and New York state treat with contempt
the boasts Of those who have packed
Pennsylvania, Ohio and Wisconsin. They
pronounce the praises of the latter pre-
pOstciOuS and ridiculous. When the time
comes I, decided and disintcrestcd opin ion
will bc given, as heretofore, by the United
,StateS IObaccO journal.
As VIC go to press a sale Of 4 packing Of
80 state seed is reported. The parties to
the transaction do not object of seeing
their names published. Therefore the re-
port ought to he trnc.
Sales last week were as follows
Pcnnsyivania-CMp 70: 1900 cases of
ClcSc over OUO NcTC VI lOW ucScElpCioH
the price is reported rs between 10 and IL
cents; fine running lots are quoted at 22
to 23t cents filters, to cents.
Connecticut.-Crop 70; number of
cases uncertain computed at $50; no
particulars.
State.-Crop 10 100 cases fine run-
uing Big Flats. - cents.
Crop 80; 25O cases, private terms.
Havana.-Thc activity Of the previous
week continues. Sales run up to 900
bales. City manufacturers bought spirit
edly but in small quantities. 20 stock
continues the main article. 80 is still
awaiting a real opening. Prices un-
changed.
SsanS's Report
Sales of seed leaf tobacco, reported by
J. S. Gauss Son & Co.. tobacco brokers,
Nos. 81 and Sc Wall street. New York, for
the week ending March I, 1881: 1.4OO
cases 1879 Pennsylvania. filters, GtM7c. !:
assorted, 1aG22c.; wrappers, 20(a 4Oc. !:
200 cases 1879 New England, wrappers.
16daOc 100 cases 1879 state. p. t.; 200
cases 1879 Ohio, 7Ml4c. Total, 1900
cases.