Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1884-08-12
THE TOBACCO MARKET.
PLENuID rKvniss os run -, CROP.
The ms'ket 10 . ou,et Condition win %
cssionh uslis tor tho crop OF ~
Leaf Trade kIsewnsre

The Market io . Qu,st Condition win 90
cssionni Uslis tor tho crop Of ~
Leaf Trade elsewhere.
There Is not much stir among the local
dealers, most Of whom are vet on their
summer vacation. Some however. are on
the qua plce, aud sales of 200 or 300 cases
OF old tobacco are reported, while actual
inquiry continues to be made for 'S3 leaf.
which bears good name, though not yet
ready for tho market. The holders of it
are inclined to think they have bonanza,
aud hold 1t at high figures, while
non holders propose to believe that the
crop OF 81 viii DO 80 much larger and
better than the 'S3 as to drive II out of the
market or reduce IL to very low figures.
The 's3 crop is certainly an exception.
ally hne one. Much Of IL was planted
late, the weather being unfavorable, and
hundreds OF unhappy farmers would
have been glad to have compro.
missed with 1.-THE clerk of the
weather" by accepting half crop but
for two or three weeks past the weather
has been as favorable as it was possible
for 1t to be, and the crop has grown
enormously. Some settings that were
planted early, have been cut, aud placed
upon the poles, and a large proportion of
that planted later, has been topped and
promises to yield splendidly. The quality
OF the leaf is fine and 1t has thus far %
capped all the dangers that its tenderness
exposes it to.
Then, tho Havana seed variety pre-
pondorates, and is turning out uuex pectod
| ly well, under the favorable conditions of
the soil and weather.
Farmers anticipate high prices. AS yet
we have heard of no sales, but several
wide awake buyers have been perambulat.
| ing the county and taking look at the
| finer fields. We hear Of farmer who was
| offered % cents through for his crop of
three acres. the buyer Offering to pay 300
| in advance to clinch the contract, but the
farmer would not sell for less than 80
Another farmer was offered % cents
through with sl00 guarantee, but he would
not sell for less than 30, with 300 guarau
tee per acre. The growers Of Havana have
certainly good thing in their crop, II they
get it safely housed, and cured, provided
1t weighs as we'll when cured as they sup.
pose it will.
Tobacco Acreage in YORK County.
In 1879 the York Dispatch made can
vass Of the acres OF tobacco raised in that
county, aud found 1900 acres. In 1850
an approximate report estimated $1,000
acres. IL Is believed in 1884 York county
has 10000 of tobacco, 1t 1000 pounds
| to the acre, the total crop will be 10 900 -
900, ten cents pound, worth Sl 900, 00O
Tho new York Market.
New York Tobacco Leaf.
Western leaf-The past week has shown
some activity. We hear of several fair sales
for Reggie account, one of l, 800, one Of 400
and another Of 200 hhds, with others for
various destinations. Possibly nearly as
much might be said of operations in
July If the whole story of that mouth were
told.
Mr.. Reusens and Toel, Rose & Co, who
have been buying Of 5000 of the Il 900
hhds wanted this year by Italy, have been
moving with their customary celebrity and
prudence, and are probably we'll satisfied
with their weeks work. The market is
now in good shape, the bulk of the Reggie
tobaccos having been cleared by late trans.
actions.
Virginia leaf-No sales Of any account
made. Some few sales of Mason county
| were effected.
Seed leaf-The inquiry for seed leaf was
| moderate, and VIC note sales of $50 cases
only.
Spanish-Havana filters partake of the
general dullness,
Sumatra-Ths article has also become
dull. Sales $50 bales, sl.2j to sl.G0.
The Seed Leaf Trade.
To obtain the views of leading mem bers
of the seed leaf trade IN New York re-
specting the situation aud prospect, rep
resentative Of the Tobacco Leaf made
tour of inquiry Friday afternoon in Pearl,
Water and Front streets. Many dealers
visited were absent, enjoying their sum
mer vacation, and, rs consequence, as
full report as was contemplated could not
now be submitted for the benefit of read
ers. Below will be found the statements
of several prominent dealers in seed leaf,
which will be found interesting and
worthy OF contemplation
Mr.. VIM. Vigelius The market IL
quiet, but the prospect for fair business
in September is good. Just now we are
betwixt and between times. No one
cares much to look at old goods, and it is
too early to draw samples from the new.
Anyway, a great many people are away in
the country, and business is neglected.
The new tobacco is not thoroughly fer
mented yet. To say that New York
Havana seed can be bought at 1S cents,
is to speak foolishly. In 1888 Pennsylva-
MIA, 30 far as can be seen, promises to
turn out fine. The demand, whenever
there is any, just now seems to be con-
fined to Havana seed. tt ere ara not more
than 1000 cases of Wisconsin Havana
seed now on the market.
Mr.. NJ. Lachenbruoh-Our firm has rs
ceived more inquiries during the last
couple of days than for two months pre-
vious. Prices for old tobacco ruled low,
but good fair prices are obtained for suit
able lots. or course the prices realized
are not what the holders of old tobacco
expected, but then they figured on a
market advance. There has been some
1881 Pennsylvania sold this week. Manu-.
facturers' stock of leaf Is low, and it will
require only slight improvement in the
sale OF cigars to stimulate good business.
Our firm has not yet sampled q sprig of
1888 tobacco, and do not think any of
that tobacco has been sampled. This talk
about the new crop being poor is all bosh,
for no one knows just what 1t Is yet.
Mr.. Sigismund Rosenwald-I did not
know that there was any market. The
business that Is now being done is not
worthy Of the name. We have not sampled
any of our 1888 tobacco yet. was out In
the growing districts In Wisconsin last
week, and found the growing crop of
tobacco thriving nicely.
MIR. q. Mayer-There Is really nothing
doing In seed leaf. The sale Of Sumatra is
knocking everything endwise. There will be
10000 bales OF that tobacco that will come
in here this year, and that is equal to
80, 900 cases Of seed leaf. We have sampled
no 1888 tobacco as yet. The statements
made about the new orop being poor ara