Glasgow weekly times. (Glasgow, Mo.) 1848-1861, 1849-10-11

KENTUCKY TOBACCO Baltimore
American publishes an extract Of let-l
ter from commercial house in New
Orleansto another in that city dated:
New ORLEANS, Sept. 10, ls49.
In reply 10 yopr favor of the Alb in
siani, we chcerfuly give you snch in
formation about the tobacco market as
we possess, and willingly give our opin
ion as TO prices, &c. The receipts OF
las, season, up to the lsi instant, were
rather larger than we anticipated, and
amounted to 52,335 hhds, against our
estimate Of 10000 to 10000 hhds.-
This excess was occasioned by the high
state Of the rivers until late in the sea.
son, which permitted planters TO send
all their tobacco to market, to which is
TO be added that much Of the finer DIES.
criplions of Missouri tobacco, usually
Dough, by the manufacturers in Ken.
lucky, and Ohio was sent down to New
Orleans. as they did no, venture TO go
20 ST. Louis during the prevalence of
the cholera in that city and other parts
Of the Slate. ......... ..........-
The receipts during tho last three
years were. in lS47, 55,5Ss hhds; in
lS4S, 55.Ss2 hhds; and this year, 50,
335 hhds, or an average Of $4,000
against $4,000 in 1885, 500 in 1915;
and S24OO in 1914, or an average Of
$4,000 hhds, showing gradual decrease
in the cultivation and deficiency in the
last three years Of $4,000 hhds. Judg,
| ing from all accounts, from Kentucky
and Tennessee, the crops this year again
will be short one, and not much lar.
ger than the last, but even if it should
amour, to So, O00aGO,O 900 hhds, this quan.
THY will be hardly sufficient for the
wants of all the markets in this country,
Europe, &c. The consumption of Ken
lucky tobacco is constantly increasing,
and out Of proportion to The cultivation
of The last three years -'l
The average quantity required annu.
ally 10y The Reggie in France is about
5000 hhds. Spain has made a contract
for G,O0O hhds annually for three years.
and the contractors have delivered only
$500 hhds this year, they will require
$500 hhds in the nex'. The Regics of
Sardinie and other States in Italy re.
quire about 5000 bids annually. Lis.
bon, Gibraltar. and other ports in the
Mediterranean, TO 1000 hhds. Aft
ca, West Indies, Mexico. &c, in hid,
and bales, about 5000 hhds. Great
Britain, in strips and leaf, from IL 10
$4,000 hhds. The consumption of this
country amounts to from 10 TO 10000
hhds, making total for this season of
from 4s TO $1,000, and therefore even a
crop of 10000 bids (more than the
highest estimate Of any Of our friends)
would leave only I TO 10000 hhds for
Holland, Belgium. Germany, Sweden,
and all other markets. ... .... ,
The stock remaining on sale in the
hands Of our factors is unusually small,
and inclusive OF Mason county tobacco,
does not exceed 1900 hhds. Probably
1000 hhds are in the hands of specuIa.
tors, which are kept inlirely out Of the
market, and will not he sold unless at
considerable advance on our present
quotations, which are as follows: Re.
fused very Inferior to fine, 3 . TO 5
cents; common admitted = to- 3 A;
TO 6 a; fine 2 10 Z cents; selections
7 TO s; Mason county, refused 4 . 10
l-2: admitted according to quality,
from 10 10 cents, and al these rates
there is fair demand, but il is very diff
fcull to make suitable selections from
our poor y assorted stock. ..-. ......
1t is more than probable tina, our
present prices will not only be fully sup
ported, but will rule much higher in a
few months from now, and during oil
next year. uaa 81. .... --...
Fran tho panuhl;c OEJ,