America More Hopeful Owing! to Lower Quantities Washington, July 28.
Tobacconists are moderately encouraged by reports of lowering of} Jenf stocks in Shanghai, it was Jearnéd to-day.
'They point out, however, that exports total 20,000,000 1b. as of the fend of May, as compared with 46,000,000 for' the previous corse Peeigarette shipments for the same ponding period.
period came to only 2,718,000 a2 compared with 3,259,000 pieces for! the same period of last year.
Acreage in the United States has Weise sce sel Ths yor declined only 2,000 acres—United Pre
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