Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1883-09-25
TOBACCO.
a SOON AT nous AND AunoA
E.s,y sales oi 'Sa--A ta,r Trade IN so aud
si-thc ~ 'rvp toussd-rhc
tan Al

tohCIal satlsIactVn teiHnS among to-
bacoo mon. Tho Lancaster farmers have
safely housed their 'Sj crop, which, IL not
quite So largo US some former crops, In
probably large enough To meet tho do.
mands OF the market and, apart from that
portion which was cut down by the hail
aud nippcd 10y the frost (ueither of which
are regarded as worry serious CalamitiesJ
the crop IL very clean and worry good
one, and nearly all OF IL is now safely on
tho poles. some of 1t is said to bs curing
admirably, and some of it, which was cut
during the dry, hot weather, Is said To bs
doing not ~ we'll, II Ia such a very com
mon thing FOR tho bulls aud tho bears to
give contradictory accounts Of Tho oondi.
tiOu OF the crop that We give very little
CrGdcuco To thoir saying. We think the
condition OF the now crop Is, on the whole
quito satisfactory, aud that the grower,
tho packer aud tho manufacturer will each
aud all make their usual "diyvy" out OF
II when IL gets into the market.
Last years Pennsylvania crop continues
To be prime tavorito with dealers and
manufacturers, Over two thousand cases
OF it changed hands in this county during
the past week, Mt profitable rates. OF the
81 crop, which continues To improve in
public estimation, 800 or 400 cases were
sold and fow hundred cases of low grade
50 wore also disposed Of. Our market
is 10y no means glutted, and holders of 80,
81 aud 50 arc disposed To DO a little stiff
in their demands. The late heavy trans
action in the New York and other markets
operate favorably on our own, the sonseloss
| scare OF year ago, relative TO Sumatra
tobacco, has died out, aud dealers and
| manufacturers are settling down to the
| belief that the best cigar leaf grown In
| the United States is that grown by Lancas
| ter county farmers. The trouble is that
some unscrupulOus packers purchase in-
| ictur goods from the West and palm II
oil as Lancaster county tobacco, thus
| Chcapeuing tho reputation of the general
article.
Tue New YORK Marke,
| There has been unusual activity ou the
| New York market during the past week.
Our regular correspondents send us the
following encouraging exhibit:
dams Report.
sales of seed leaf tobacco reported by j.
). Cans Son II Co.. tobacco brokers, No
l3l Water street, New York, for the week
ending September "a, 1883:
1900 cases lSS2 Pemnsy ylvania, assorted,
ll0Gl7c; 400 cases 1881 Pennsylvania,
Sldl3c; 800 cases 1880 Pennsylvania,
Gdl2c. :, 100 cascs 1889 state tlhts, l2tB
l1c., 300 cases 1882 state Havana, ism
20c.; 600 cases lSS2 Wisconsin Havana,
l3ld20,.; llG cases 1882 Ohio Havana,
ljp. 900 cases Ohio Havana, lO(Gl2iC.;
$50 cases 1892 Dutch, lSc.; 200 cases 1852
New England, llW3Oo.; Total 0,56O
cases.
} The New York Tobacco Leaf gives tho
following report of last weeks market
Tho past has been a grand week for seed
leaf, S,l3S cases having changed hands.
All varieties and available growths have
, been IN demand and the market may be
said 10 be booming. Pieces are stiff and
advancing, aud the prospect of tine iall
trade is worry encouraging.
"Siuce our previous issue, more business
has been done in Western leaf tobacco in
this city than in any one week for some
time past. Tho market returns for the
a current week, u be gathered to day, Fri
a day, may not demonstrate this assertion
: as fact, but II is fact, nevertheless.
d Nearly all the buyers have been operating
= -Regie, manufacturers, jobbers, shippers
. aud spectators representatives, OF each
Z class, bearing an expression OF good lnten
) | tiuns ON their COuuteuauCes. being OOseTV-
able here aud there every day IN the high
l. ways and byways leading to Broad street
Is and Broadway. How much these alert
II and wise gentlemen, who were taking time
81 by the forelJck, actually brought during
u the week, will be known only at the ehd
y , Of the month
The n. Y. T,I,rto JJqrHal, which for a
10 year or two past has been bearing the seec
leaf market, especially Ponnsy lvanIa
u leaD, and bumuauing tho evils which wer,
10 predicted To follow the importation ol
II Sumatra tObacGu, says Uf last week = seed
~ leaf market
a The whole of cur market Is one gIea'
~ noisy torrent of JOY, drowning the voice.
d of the fow who in all the rushing, bluster
~ lug excitement SEQ and speak oi black ant
threatening clouds on the present glitter
~ ing sky of the trade.
Is "Placid satisfaction aud icVerlsh eApec
u tation were noticeable everywhere. lhOs'
10 who sold wanted 10 buy again with haste
is and speed those who did not sell were
III filed with solid hope OF realizing hcaVJ
"S profits later on.
s. "The old and well established broker
at wore happy faces and tne clothes an'
ld even the little band Of tho genus ban
nt ditti,' palming themselves oil "a r'.te
hs brokers, successfully nveigled sales Ant
heavy were the sales OF the week strip
oe ping the reports rs far as p1ssloo OF Ih
~ aginativc trimmings, which hang 10 mos
ng transactions in busy times, we P'aGo VIZ
ed total result at about 900 cases Ihis y
~ exclusive of a transfer OF lot "' %,-o
cases Of 'S2 Pennsylvania, bought up oy
firm not closely Unidentified with the trad
aud which placed tho Same in the hah''
of iobbing house on Water street '''.'
nd Brought face To faco with facts, ti
Vt whole turmoil of the week, with its AZ
in tending large disposal OF tobacco wa wa
no based upon speculative tendencies
ho trade, as a body, is imbucd with the ide
nd that leaf tobacco will command hlg
is- prices for some time To come. The partii
for failure and destruction of some OF the
crops, the supposed money coming eisa
of manufacturing industry and tho advance
It's figures for Sumatra, appear 10 DO u
o.. foundation for the reigning desire 10 ou
vi. up seed leaf. In our humbie-m0
he humble-opinon, somebody will, COLI
re quially speaking, get left No souh
reason exists why all seed leaf should ri
he in price. 1t is only tho really fine, quaI
aw tatiyely aud Quantitatively unexcel
ng tionable leaf that will command glei
ct price. There is 50 little OF this KIND
raj tobacco ia the market, though, that III
stopping point in the gradual increase
re prices is regulated only by the price
Sa | Sumatra. ra.........,....,''' '''''''
ng IN idium and common tobaccos are
Z DO had in abundance, Any investment
ice such for speculation is folly. An acti'
on market at this time OF year, when coupe
nat with excitement and rise IN prices, ~
|