Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1883-01-15
THE TOBACCO MARKET.
For the week Ending saturday, January
IS, 10 =. sI.-in New York-Tne
Local Outlook,
L. 5. Tobacco journal

In Pennsylvania the 81 cop begins
to sell. This is good news. One thou
sand cases were sold at o. to Is cents.
This is bad news. We did not see the
goods. They nay be SO bad that even
these figures NAV 10 taken as high ones.
But the effect that the report OF such
figures makes among holders of 81 Penn
sylyalia is :. disagreeabie one. and We
deem it necessary 10 particularly mention
here that prospective buyers should not
regard these figures as established market
prices for this crop.
Throughout the week it WAS apparent
that great revival of business was ap-
preaching. JnbheT6 as well as manufac.
turers ipAuIged in considerable posting
examining goods. taking down prices aud
making offers. While these proceedings
did not result in immediate transactions OF
any magnitude (outside of the sales of 81
Pennsylvania spoken of above) they will
certainly tend TO facilitate transactions
when pressing need coIupela purchases.
At present, also. the ideas of buyers and
sellers are very widely apart TIE senti-
ment that seed leaf vii! be very cheap iu
the noAr future being toe strongly har
bored by prospective investors.
Connecticut seconds axe IL great demand
l3 and II cents being realized for medium
grades.
Old Pennsylvania is giving out fast. The
remnants sell 2r very lOw ligures.
The sales altogether amounted to l $50
cases, consisting OF ., coo cases 81 Penn
sylvanla ; 200 cases 80 Pennsylvania. at
y to IL cents 200 case 81 New York
$, ;tte. at 10 TO II cents 80 cases Connec
ticut, at Is to Ii cents for seconds, and IS
to 30 cents Tor wrappers.
As we % to press We bear Oi sale of
SOC cases Isl Wisconsin Havana seed.
Terms private.
Sumatrl-Tho expected avalanche of
5umatra from Europe j., taking place.
The first Steamer that arrived here from
Amsterdam after January brought over
800 bales another due uow will carry
nearly 1000 4 third One, expected next
week, IS estimated 10 have OH board about
600 bales. Prices axe somewh2C lover
now than they we're last month. fine. dark
and large selling at 4i.2J to 31.35 medium
grades may he had ior 80 Gems to Il. u.
The imports of Suinatra tobacco ',Ir the.
month OF December foot w. III 90.
pounds OF 81. bales, aud since @.e :,ouud
OF SumatTa viii 60 as far as four poaudS
of seed leaf for wrapping p3rp ,,2s. the
imports during December me- equal ic
effect to /, ,055 cases of seed -ie:f wrappers
OF the average weight of $50 pounds each.
iiayana-Market very active. Sale,
800 bales, mostly to ,iobbers. Prices firm.
The ,'ii,lateiphIa Marked,
Lett
The past weeks sales show 2 decided
inc:ease, and the daily inquiry strongly
Indicates i desire or nec;i for first class
wrappers; iD tact, some very niCo sales
have, beet made III the short time past i',
| a. no. l m.liuftu, u,ure.S. peunsy lvania
| 1881 Is in;.nIH:; ur nicely. Il fills the bill
| to perfection. anG must b6 the means Of
| increasing tn3 Golfers Of hudovS. York
| state Havana seed, f:om appearance, now
shows quality rarely seen IN American
tohaccp. The prospect is fiattering for :,
! large trarae :0r the balance of the year.
| Prices III" steady and entirely under the
c0atrnI Of holders
Cans Eeport.
Sales Of $50! leaf ty5acc, reported by J.
s. cans Son g Co., tobacco brokers, No
| i3i NHtcy ,;r>:r, New loH;;, :,2 I'll" week
ent:ir!g ,IGo. -, t&&.':
500 eases 1891, Penns, wanna. 94n,l3
52G eases 1880. i'ei,n$yiyania. G}(t IS 800
eases, 1881, Wi>c>nSin Havana, lG; $50
cases 1881, state, 10Wl1. Total, a,17o
| cases.
| Ene Lancaster Market.
Pending ;!i0 action, or rather the III,
action of Congress, relative 10 The repeal
or modification Of the tobacco tax, our
market remains quiet, ard there will be
10 general move on the part of dealers
either to dispose Of their old packings OF
to buy he new crcp. Nevertheless, sew
| nr..l hundred ~ cd hnv.. l,cp
sold, generally in small lots and ut
rather low prices; and D number
OF buyers have been picking mp lots OF
1882 at prices ranging from 12 to % for
wrappers, 6 to for seconds and 3 to Cor
iilIels. Beside the California buyers,
John Moore. G.. G. Herr and !. few ether
| PEN sylvauil buyers are III the field, sn,
there i&:: disposition on the part of many
Others TO buy ii the farmers were not 81
| stiH' in their demands. The farmers think
| good wrappers ought TT bring 81 cents IL
| l;Cund, because tncy used to get that
| figure. The buyers, "n the other hand,
| who bO OlGht at high figures ior tie past two
years, aiid who have their packing; yet
on hand, are just as sure that prices will
| have to come down tax or No tax, and
therefor" they arc holding off, Oh only lur.
chasing iiiiat they mWst hHrc or where
they see Il decided blfgair. This stasna-
tiOn ia the trade is a great Inconvenience
to the poorer class of tobacco growers,
Who depend OF the proceeds Of the sale of
their tobacco to purchase their winter
supplies, and can lily 60 without the
money. l. is great loss also to the
, journcyme. tobacco packers, who depend
Oh employment III the packing houses for
their winter support.
There is : fair demand from manufac
| turcrs for both 80 and 81 goods, but the
prices they offer arc too lew to allow the
packers the slightest margin Of profit,
nenoe the conparativeiy mcagrc sales.
Sie:ghinE Accidents.
il,. inc: g t,-rlInr ninht and rcStnrilH 2,