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

cited IN prospect OF short cron, and the
article advanced rapidly till July and Au-
gust, when it became stationary and remain
ed at the then rates until the close of the
season, with only now and then q slight va
ration. The advance here was soon follow
ed by an advance in Liverpool and London,
which amounted in the aggregate to IL to
I'd on leaf, and 3 to I'D on strips, so that the
prospect is now fair that the stemmeTs who
bought their loose tobacco at an advance up
on last years prices, of something like 50
y 100 lbs, will make profitable business
outspf what they regarded at first a hazard
GUS operation. For in the opinion of every
prudent dealer, the prices at which the
season opened were too high, and nothing
but partial failure of the new crop, sus-
tanned and caused the rates to advance.-
The result, fortunately, however, has thus
far proved that the planter was richly re-
warded for his labor in the price obtained for
his tobacco, and that the probability is the
stemmers will be equally SO. The crop now
housed Of last summers growth, and ready
for the approaching seasons business will
be materially short as before intimated,
owing to the scarcity Of plants, and the un-
propitious weather for maturing, even that
which was planted.
In Kentucky and Tennessee from whence
the principal portion OF the western crop ia
derived, it viii very little exceed one-half
of an average crop, and in it there will be
little or no medium quality, but all will be
either very Indifferent, or good and choice
tobacco.
In Virginia, the crop will be about 10000
hhds short Of an average one, ard the quali-
" is considered generally good, with the
exception OF some $500 TO 4,OO0 hhds,
which were caught by frost, or cut green 10
avoid it. So large proportion of the I-ir-
/ gjnia crop is now used for manufacturing at
horne, and SO title of it is exported, that
recent foreign circulars remark, ''the dis
tinctioa between it and western tobacco is
fast being removed
/ In our own State the crop will probably
fall short of last years abou; 1000 hhds.-
/ The qualify is unusually fine, both as re-
CARDS substance and color and it has all been
well secured, with the exception Of very
small fraction caught BY frost and crt green.
We have heard o! bu! few sales vet Of the
new crop; some deliveries have been made
to the stemmers on the Missouri at rates to
be settled by future sales, though nothing
has trans pircd to fix price At which the
bulk Of the crop shall change hands. Il is
the present intention Of steInmers 10 deal to
limited extent, II they can get the tobacco
at about last years prices, the existing po-
litical aspect Of Affairs in Europe, rendering
it unsafe and imp.udent TO arrange for more
extensive operations. Indeed, tie rroba-
bilities of n general war, so strongly inI!-
Gated in the last European alvices, must
tend greatly to disorrangc and perplex their
calculations and make them extremely eau
tious-for in such an event, every article Of
pure luxury, Ike tobacco, must be seriously
effected, whilst scarcely any, except bread
stuils, or other necessaries Of life, can be
enhanced in value
In conclusion, we feel justified in stating
that unless peace is restored in Europe and
commercial confidence generally reinstatei
tobacco must and will rule low the coming
season.
The receipts Of tobacco for twelve months,
ending lst January 1854, sum up lO,445
hhds, against 800 hhds for corresp pond
ing period last year, which shows a
deficiency Of aboa: 1 900 bids in the last
crop.
The inspections at the Planters and State
;, Warehouses for 1858, sum up J,346 hhd<
against S,0S7 hhds for 1852, deficiency in
the amount inspected and sold in this market
Of 2,74l khds compared with the previou,
year.
The stocks in Liverpool on the Ist o.
Dec. 1858, were 1915 hhds against r..
996 hhds, same time last year. In Londor
1882 hhds against 1871 hhLs in 1852
In our own markets, N. York, Batimor,
and n. Orleans, the stocks were less on tht
: lst Dee. than at corresponding date Of las
$ year.
There has been slight decrease in III
manufacture Of tobacco in Missouri the pas
year, compared with the proceeding, OWN,
TO the close of several large factories, an,
also 10 the high rate of the raw material
? without corresponding advance in tn
manufactured article.
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