Glasgow weekly times. (Glasgow, Mo.) 1848-1861, 1854-01-19

and such marks. ....
The increasing demand and preference
for hackled hemp, induce us to reiteratc
our belief that it would result to the interest
of hemp dealers to hackle all the good and
choice quality for shipment, leaving the me-
dium and lower grades for home manufac-
ture. The price of hacked hemp has rang
ed from $50 to $50 per ton during the year
above the best quality of undressed-clos-
ing at $175@$l80, and difference was
made at the close of the season at New
York, of $50 or $40 per ton. The favor hack
led hemp will be likely to gain this year with
the increasing demand for cordage.
There has been an appointment of Hemp
Agent at st. Louis, who will contract for
watcr-rotted, and as the prospect is in favor
of high prices for that article, it would be
worthy of the consideration of farmers
The price here, we believe, was limited TO
the United States Agent the past season and
consequently the receipts, comprising 2l2
bales from Springfield, Illinois averaging
$40 ponds to the bale, were sent to Mem
phis Tenn.
Russia hemp is very scarce in this coun-
try, and the chances not favorable for i'm
ports; although there is stock of 10000
tons at London, it will probably be retained.
The merchants Of London who annually ad-
vance largely TO the hemp shippers, refuse
te extend facilities in the present unsettled
aspect of Russia.
With these suggestions referring to our
tables for statistics, we have only to remark
that we see no reason why the price Of hemp
should not rule as high this year as it has
done for the last three months.
We find the aggregate receipts of the
year to be 63, ,794 bales against 1000 bales
last year.
Of Bale Rope and Bagging, the receipts
this year are 81 ,231 coils, and 2,873 pieces
against 42,900 coils and 3,4O0 pieces last
year,the increase being equal to about 1900
bales. The amount of hemp consumed by
manufacturers in this city, we find by care
ful inquiry to be lO40 tons; stock Of rope at
close $500 coils.
At the close, the aggregate of stool, in
store and in hands Of manufacturers we find
not to exceed 1850 bales, of which about
400 bales are or the market held at prices
ranging from $ll5 to $il2S per ton. The
stocks Of American in the eastern markets
ere less than 5000 bales, and of foreign
descriptions, less than for several years at
this period Of the season. On the other
hand imports and stocks Of gunny cloth are
larger than heretofore.
There has been more rope sold in this
market than ever before, the amount being
estimated from 80 to 10000 cols--taken for
the supply of southern orders. The price
ranged from to 64c. z ID.
The stocks Of rope and bagging at Louis
vile on the Goth ut., were about 10000
coils and $4,000 pieces exclusive of what
was in the hands of manufacturers. The
stocks in New Orleans on the lst December
:. were 10000 coils and 800 pieces-the light
est ever known; the stock Of India Begging
was also light, and the importations were
short Of last year.
ToaAcco-At the commencement Of The
season, which opened unusually late; the
stocks of old tobacco in all the markets o.
. our own and foreign countries, with per
haps the single exception OF New Orleans
were very light and bare Of good quality
= result contrary to the expectation of dealers
who generally supposed that the manutac
turers and consumers who had supplied
4 themselves SO abundantly from the preced
c ing crop, would need but little from that o
last year, The exception which New Or
G leans formed of the generally reduced stock
$ of this article, and the poor and iudiNeren
d assortment as TO quality in comparison wit
: other markets, was owing 10 the high rate
:. of freight which prevailed at that port to
= wards the close of the season preveptin
V shipments and the indisposition of speucla
e tors to sell their purchases upon firm an
q advanced market elsewhere, with little @
0 no demand existing in their own Market
Thus the market opened, and the opinio
II was very generally entertained that the clos
If ing high rates OF the past year could not b
r. maintained for the then opening se0sor
e when any considerable receipts of the neN
d crop should be placed upon the market, an
:, dealers consequently dealt very cautiously
y expecting, and reasonably, too, that as III
crop had proved to be largely over an aver
IS age one in Kentucky and Tennessee, an
l. fully an average one in Virginia and Mis-
at souri,, and the quality also equal to that
.e any previous crop-that prices must declin
o This caution lasted until the planting seaso