The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-05-16
TRADE IS
VERY DULL
Englishmen Holding Off on
Account of Prices.
CIRCULARS JUST RECEIVED
Mr.. Galaher on the Market for About
aWeek, but is Not Talking Much
for Publication--Th New
Crop.
CIRCULARS JUST RECEIVED

The condition Of the export tobacco
trade with England Just at this mo.
ment is rather unsatisfactory. The in
dependent concerns there, the only ones
on the market since the organization OF
tho Imperial, are not pleased with the
prices, which they regard as too high
and they are standing off stiifly. Local
dealers here report very little business
with the Britishers.
Circulars from London commission mer-
chants. giving account OF the status OF
the trade during the past month, have
just arrived here. They report things
as being Somewhat quiet" John c.
Miller &c Co., of London and Liverpool,
say as follows:
our market was somewhat quiet dur
Ing the past month. holidays and stock
taking by several buyers helping to ac-
ccntuate the dizziness. Sales generally
were small in character, being more or
less for immediate requirements. though
bids were made for larger lots With n
chance of business resulting If difference
in views between buyer and seller can
be adjusted.
I'm Liverpool the market was dull last
month. with sales on moderate scale,
the demand being restricted by the IN
tervention Of the Easter holidays and
usual anxiety Immediately preceding the
introduction Of Budget Satisfaction was
expressed that tobacco escaped fiscal
change. The business chiefly centered
in Western strips. the dark grades with
good quality selling at current rates.
Larger sales could have been effected
had holders been disposed to accept the
prices offered. Bright, semi bright and
dark Virginia strips were dealt in very
sparingly."
Reports of Virginia tobacco In London
are as follows: Stemmer-stoclt on hand
April LIST. 12.7S6 hogsheads; imported In
April. cGS hogsheads; delivered In April,
Ash hogsheads. Stock on May list, 1908,
1850 llogsheads; stock same period In
1902, 1868 hogsheads. Stemmed-stocls
on April 1st 6,o62 hogsheads; imported
In April. 255 hogsheads; delivered In
April, 26S hogsheads; stock on May LIST,
GO40 hogs heads: stock same period In
1902, 1902; stock Of Virginia and West
ern tobacco exclusive Of Maryland.
IS, GO hogsheads, against 33,407 for the
corresponding month OF last year, snow
Ing an increase of 2,165 hogsheads.
Reports Of Virginia tobacco from Liv-
erpool are as follows: Stemmed-stock
on hand April list. 47,172 hogsheads; Inn
ported in April 1905 hogsheads; delivered
In April, 1912 hogsheads; stock on May
1st 4S,c55; stock same period IN 1902,
IS 1876 hogsheads. Unstemmed-stocl< on
April list. 1868 hogsheads; imported IN
April, 500 hogsheads; delivered in April,
537 hogsheads; stock on May LIST. 2O,o25
hogsheads; stock same period last year,
1G,o30. Stock Of Virginia and Western
tobacco exclusive of Maryland), 1861
hogsheads, against 0o.0T hogsheads for
the corresponding month Of Last year,
showing an increase of 30.454 hogsheads.
Mr.. Thomas Gallaher the big Belfast
manufacturer. is in the city for about a
week. He was on the sales yesterday
for a while.
Mr.. Gallaher is working his way back
to New York. from which place he will
to interviews on this visit Nothing
further is known concerning the proba-
bility that he will start the manufacture
Of tobacco in Richmond and other points
In the United States.
Speculation as to the size OF the next
crop is already beginning, but with slight
results. Plants are reported scarce IN
some places and plentiful in others. IT
Is believed by many that the new crop
will be somewhat smaller than that OF
last year.