Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1883-04-10
TOBACCO.
THE NEW YORK MARKET.

THE NEW YORK MARKET.
sumatra, Seed Leaf and Havana, Tor 'ne
Week Ending Saturday ApF''
The Local Trade.
Sumatra-Sales 700 bales. Jobbers anu
We'd with each other in |
dark goods. This tobacco is |
doing exactly what We predicted it would |
do a wear ago. 1t is making seed leaf
article and impogerishing the |
dealers and growers of seed leaf. Where
now are the sueers and sarcastic smiles OF
the ''intelligen:' idiots Of the leaf tobacco
trade and the farmers associations who.
instead of supporting the disinterested
personal crusade of tho editor OF TINS
paper against this hydra beaded enemy OF
our tobacco industry saw fit to take the
matter into their own hands, and, accord
ing to their own befuddled brains,
aged matters SO exquisitely sharp
that, when they secured an increase
of duty of 40 cents, cried ''halleujah" and
became convulsed at the greatness OF their
victory. The consequence is an almost
total standstill in tho seed leaf business,
and q deluge of Sumatra in the near
future. On the 18th inst. the first public
sale of new Sumatra takes place at Am,
sterdam, when 5000 bales will be offered
and sold. The crop amounts to over
100. 600 bales. If the quality should prove
equal to that of last years crop. the seed
leaf trade will shrink into the most insig-
nificant proportions till an absolute pro-
hibitive duty is secured. At present fine
dark wrappers sell as high as SLIGO per
pound in this market. Still higher figures
will not stop or diminish it's consumption.
If the cigar manufacturers cannot increase
the price of the cigars they will curtail the
quantity of Havana contained in them.
Seed Leaf-We might temporarily in
crease the popularity of this paper among
dealers and growers OF seed leaf if We
were to picture to them bright present
and blooming future. To dwell upon
and promulgate disagreeab!e news is not
apt to raise the spirits Of those interested,
or make such PRONUNCIATION excessively
liked. Nevertheless, we shall continue to
say that things are in a bad state, if they
really are, and the contrary if warranted
by facts. Our market is in the most de
lapidated condition. Decentralization is
visible on all sides, and We can but repeat
our warning to packers of new tobacco
" You can't pay too little for the leaf you
buy"
These are the few sales we know of e:
Pennsylvania-CrOp 80 $50 cases, at
6@14c.
Wisconsin-Crop 's1 100 cases Havana
seed, p. t.
Cornecticut-Crop 81 go cases lIouS-
atomic medium wrappers, at 15c.
Ohio-Crcp 80: 300 cases, 1T 5!GG!c.
Havana-Market moderately active.
Sales 800 bales, mostly fine grades, prices
for which rule at $1,000 1.3j.
The Philadelphia. Market
Leaf.
Seed Leat-The past weeks demand for
cigar leaf shows decided better feeling.
More inquiry is noticed, and manufactur-
ers make more searching examination Of
stock, and when goods are found suitah'>
I. satisfactory sale is soon accompiiS'
Upon the whole, the outlook is mort =.
vorable al! parties talk and act under a
better feeling. So far, prices hold steady.
Sales Of Sumatra leaf still continue, bu.
arc quoted somewhat higher. Havana
leaf is beginning to move actively, and all
the indications point to advance, especially
in wrappers, which are daily becoming
more scarce.
Receipts for the week-130 cases Con
necticut. 339 cases Pennsylvania, 50 cases
Ohio, Ga cases Wisconsin, IS cases York
State Seed. GO bales Havana, 2l bales SUI
matra aud 379 hogsheads Virginia and
Western leaf tobacco.
Sales have been-l1G cases Conn .cticut,
296 cases Pennsylvania, 81 cases Ohio, 3G
cases Wisconsin, 45 cases York state seed,
SO bales Havana, II bales Sumatra, IS
hOgsheads Virginia and Western leaf in
transit direct to manufacturers.
Exported of leaf tobacco to Liverpool,
1918 pounds Barbados, /, ,j1S pounds
total, IS, ,637 pounds.
Cans Report
Sales of seed leaf tobacco reported by J.
S. Cans Son & Co., tobacco brokers. No.
131 Water street, New York, GJr the week
ending April 8, 1888:
$50 cases 1901 Ohio. 4t@G5c; $50
cases 1880 Pennsylvania, 7(ai5; 100 eases
1881 New England, 1GG55c 100 cases
Wisconsin Havana seed, 14la1S; 100 cases
sundries 4g1S. Total, $50 cases.
Local Tobacco Market.
During the past week about 500 cases of
80 and 81 tobacco were sold by local
packers. The largest single sale REPORTED
is that Of John F. Triple, who sold to
MIR. Rosenshine 100 eases OF 80 on private
terms.
Buyers are still actively engaged in pur-
chasing the new crop, which is rapidly
being transferred from the farmers to the
packers. Last week a g,ca deal changed
hands, most of it being low grade tohaccc,
and sold a: low figures. Indeed, first class
goods are becoming very scarce. and bay
crs who were late in entering tho market
will now have to content themselves with
what they can get. The eagernrss with
which all grades are purchased VIII tend
very sOOn to clear out the market, as the
farmers are much more reasonable in their
demands than they vera earlier in the
season.
But little has been done as yet towards
the preparation of the ground for the crop
of 1888, The spring has teen backward
and less farm work Of any kin: has been
done than is usual AZ this time of year.
Many of the farmers have not vet even
sown their seeds or prepared their seed
beds, and those who have done so are
taking the precautiOn to protect them with
bristles or canvas. A canvas cover has the e
advantages 1t keeps the bed moist by
preventing rapid evaporation; the MOS
ture and heat cause the seeds to germin-
ate more rapidly aud the yonug plants
are protected from the ravages of insects.
On the other hand, is the disadvantage of |
making the young plants more tender and |
delicate and less hardy when they come to
ha transferred frn,n tho caol I.j o. ,l