LOCAL INTELLIGENCE
Tobacco.--The U.S. Tobacco journal says: “Our market has dwindled down to a mere shadow compared with its greatness during the past six weeks. The cause lies in the stiffness of holders, and, to a certain extent, decrease of fine wrapper lots. Prospective buyers stand aghast at the figures that are being asked for fine goods, and even with the absolute certainty of no return to lower prices for a long time to come, they are loth <sic> to succumb to the inevitable. No new feature was apparent during the week which might tend to change the market. The reports from the country are more positive daily that the ’81 crop, as a whole will not exceed that of ’80; Pennsylvania again claims to have raised the “finest” of all crops that ever her soil produced. At any rate, so far as can be judged now, the ’81 crop is, if not a success, not a failure”.
The dullness of the local market compares with that of the general. Buyers are pursuing the even tenor of their ways, looking out for chances and buying when they can.
We have to record the following local sales: Mr. J. H. Stauffer purchased of Peter Steif, 1 acre at 10 cents round; of D. D. Burkholder, 4 ½ acres at 27, 10, 5 and 5 cents; of John S. Nicely, 4 acres at 32, 15, 8 and 3 cents; of Andrew Kauffman, 2 acres at 30, 12, 8 and 3 cents; of Henry Eaby, 2 ½ acres at 30, 15, 8 and 3 cents; of Christian Leeking, ½ acre at 25, 12, 5, and 5 cents; of Elias Buch, 1 ½ acres at 25, 8 and 3 cents; of John Leib, 2 acres at 27, 10 and 3 cents.
~ The Lititz Record, 21-Oct-1881, Page 2, Column 2
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