Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1883-10-09
TOBACCO.
nuw voHK AND LANCASTER MARKET


q, iOa.m
L. 5 Tobacco journal
In general the aspect OF the market was
somhfc Most of the large city cigar man
ulSCturCIS wCro somewhat busy stopping
work la their tenement houses, owing 10
circumstances over which they uuGOTtu-
uatCly had no CONTROL white the majority
Of the leaf trade rclrained from trausacttng
business on Monday and Tue uesday, because
oi the Hebrew holidays. Nevertheless,
tobacco ia thN latter part of the week
moved freely, though IN limited quaint
ties, Now that the frost" boom has
| kindly ceased from travcrSlug the market,
dealers and manufacturers are taking
calmor view of the situation, aud business
once more is beiug transacted on ptlncl
pies Of supply and demand,
| What Is pItCut t. everybody iS, that
| financially tho leaf aud cigar mauutactuv-
| ing business is, as u whole, thoroughly
| sound. The fact that notes OF certain
pretended wealthy leaf houses sold last
week with difficulty at 10 aud /! per cent.
| creating quite an apprchcnstvc feeling IN
the market, has nothing to do with the
| general state Of the trade. The largo, and
moro SO the middle, class ol cigar manu-
| Ac,urors throughout the country has made
| money during the past few years. besides
y
generally making their purchases OF lent
| with Judgment aud care. The gradually
diminishing practice by manufacturers OF
| returning goods is u tit Illustration of this.
And IL IS TIER purchases which guide the
| writer in these, his weekly reviews and
predictions. And what do they buy now
| will be the question asked by the reader
| Their main purchases are the Havana
seed OF the various states and the better
| grades of the 50 Pennsylvania. The
latter especially Is looked for with avidity,
| but their Is SO much pretended good III
this crop, that frequently purchasers arc
apt t. condemn 1t. Holders of really fine
also, as u rule, do not exhibit their
best grades, now, pcrfcuing to shove
of lower grades believing they
can thus obtain much higher prices
later on. We think this 10 bs a
mis- axe on the grounds given above. TO
establish tho reputation OF u crop and
more So, of ones own holdings, the best
| should always be shown to purchasers
when the best is asked for The 50 lla.
vaua seed is almost entirely out OF first
hands 50 Pennsylvania aud So Big
Flats, as well AS So Ohio, always have 70
a great extent gone into second hands.
Untouched and untrammeled there is bat
the 50 Connecticut (natiye scedD Three
mouths ago, after careful examination, we
criticised lts quality, and all the holders
together with the interested country press
declared our Judgment to be false, mali
clOus aud biased We said 1t was bad
tobacco they said It was good. The
manufacturers did not buy it. Ergo, we
were right,
| The transactions of the week having in
the main ceutored upon 50 Pennsylvania,
the market possessed no other note eworthy
feature.
sales of seed Leaf tn New torH Ia sep
| TENDER.
The Leaf says The month just ended
was a remarkably lively one in the seed
leaf trade, almost three times rs much
tobacco having changed hands during it
as IN the month of August, and over eight
thousand cases more than was sold IN the
mouth OF September last year. More
business was transacted in 1t than in any
month for two or three years previous
The prices were considerably better than
for sometime, and holders have Iealized
as 4 rule, good profit on their invested
capital. OF the - $50 cases sod nearly
5000 were taken fJr export, Ohio being
favored with the most attention trOm
buyers for foreign account.
Tobacco Leaf.
Seed Leaf-The market during the pas
week was dull, and only ,, 2jO cases were
sold. The duIuess was probably caused
by the advance in prices, the Jewish hoh
days aud the uncertain feeling prevalent
| among cgaTmaksTs because of the en-
fOrcoment OF the tCuemeut house law. ThO
1881 Connecticut, OF which there is bu
httIe in the market, is being held at goOC
figures. The 1881 Pennsylvania is beiug
, purchased in small parcels at m)derat,
prices. Some rumOrS, which do not retlec
any credit IN their OriginatOrs, have beer
going the rounds of the market this week
2 They were in reference TO a lot OF Penn
sy Ivania being rejected.
Spanish ToblCco--Hayana filters hav
been sold To the extent Of 400 bales at from
so to lljc
/ Sumatra TObacco--We notice more in
= Quiry, but few sales, in all less than les
than 100 bales at from llj to 1900.
, Virginia Leaf--Theie have been som
good sales this week of bright wrapper
and export leaf. Wrappers of the fine
grades have sold well. September ha
- proved to be the best month Of the year a
regards business. There was no Mdso
county Of any account sold, but IL prope
/ stock has been offered sales could have
, been effected. 1t seems that prices are S
high that receivers are not inclined to Ia
$ in stock.
Cans Report.
. Sales Of seed leaf tobacco reported by j
|, 5. Cans Son Il Co., tobacco brokers, Nc
: l3l Water street, New York, for the weO
. ending October 8, 1883:
r $50 cases 1892 Pennsylvania, ~ CGlSG
$ 250 cases 1880 81 Pennsylvania, 6lgl2c
r 365 cases 1882 state Havana 1S(d23c,
r 100 cases 1882 New England, Hayan
. l0(d2Jc; 200 cases 1882 New England
= ia 2Oc.; 100 cases 1881 do. l4(G20c.; 30
a cases 1882 Wisconsin Havana 13(GlS1.; )
s 1ssO-Sl Ohio To-; 200 cases 1882 do. PIT
Total, 2,26j cases.
The Philadelphia Marked.
Seed leaf-Tho branch Of the trade, {
u all others, can and must be cOnsidere
> brisk. All grades aud kinds of cigar lea
has its admirers, with the Willingness an
determination 70 buy. Prices are stead
; and favor holders. Fine leaf is weekl
becoming scarce, going directly into I'll
hands of manufacturers, who at tn
y time are using very large quantities. 5
. far much can be seen which shows futur
\ prosperity.
Sumatra moves slowly, owing in grea
;, measure TO advance of price.
Havana is sold in very nice quantitie
y the past week. Considerable is sold o
arrival.
Receipts for the weak-2Sl cases Con
| paoticut h17 caSgA peunsylyania