Clarksville chronicle. (Clarksville, Tenn.) 1857-1865, 1858-09-10


market, with the LIST Of November. We have con-
sequently advanced ten months In this years busi-
ness, and the total sales by auction 1t the three
warehouses, exclusive Of private and resales, a.
mount to IL $50 hogsheaGs.. The stock on hand
amounts TO only few hundred hogsheade, and is
not at all adequate 10 the demand In fact the fall
ing off in The last month on the month Of July 10
fully 60 per cent, which Is not owing Of tie de-
mand, but TO the light stock on sale. Within few
years he number Of buyers has increased immense
lly. Leaving our own manufacturers out Of the
question, which, by the way, are constantly null
tiplying, we supply the incnnatti, Toledo, Cleve
land, Detroit, Buffalo, Chicago, Milwaukee, and
in fact all the manu- acturers of the States In which
these towns are located. Even Old Virginia sends
her buyers here.
We may fatter ourselves that the trade been
increased considerably within the last year. But
yet II is not what 1t should and what II will be II
the advantages of this market brought home
to the planter.
The only competitor this city has for the Wes-
tern tobacco trade Is New Orleans According 10
the latest statements, the receipts there were 81
900 hhds. and the stock on hand 5000 hhds. or
third Of the whole receipts, with dull market.
Here the receipts have been 900 hhds, with
lew hundred remaining on hand, and which are
held back by owners Instructions.
Again, three-fourths, yes, we may say seven
eighths Of the sales at New Orleans are made on
private terms The Price Current and otner papers
cannot be relied on abroad, as they based on
mere conjectuies, or are guess-work. Here the
sales are made by auction 10 the highest bidder,
and the actual sales are published daily from the
books of the warehouse, and the seller can refuse
III Q price If lie wishes and have his tobacco sold
again and again without any additional expense.
The planter who brings his tobacco in the morn
ing have the money for it in his pocket before
noon arrives and be on his return home at noon
If be ship 10 New Orleans. he encounters the loss
Of time in realizing, even If he succeed In selling
arrival he has additional expense for freight
additional expesne for insurance, aud heavy adj
dtional expense for commission, not conside ring
the fluctuations TO which that market is given 10
{ lmost from day to day,
The sales of the season, according 10 the ware
house books amount to II $50 hhds, and the sales
Of the past month to 942 hhds.
We clip the above from the Louisville Journal,
OF September LIST. We rejoice to hear Of the pros
pcrity of Louisville in the Tobacco trade, aud wish
her much success. But trIth and justice demands
that as the Journal has fallen into a serious com
mercia error, 1t should be corrected, so that the
Journal may change its erroneous statement
This error is in the statement that "the only COM
petitor this city [Louisvel has for the Western
Tobacco trade is New Orleans ~
There is place Of between and 10, 900 inha J.
itants In Tennessee, on the Cumberland River,
called GAINESVILLE, which far exceeds LOUSY lille in
the Tobacco Trade as the followin statement of
facts will show.
The aggregate of Tobacco at Louisville of last
years crop is according to the above, II $50 hhds
1t is we'll known that al Louisville, Richmond,
Petersburg and Ls nchburg the average weight of
a hogsheand Of Tobacco is 400 lbs or less this
makes 81 ,060,o00 lbs as the aggregate at Louis
vile a full estimate is that these hogsheads av- |
erage $S5 each in price-giving total money val
lie Of the Louisville Tobacco Trade of 81 1857 900.
At GAINESVILLE the receipts Of the last Tobacco
crop amount to 3,575, at the five Inspection ware
houses and 5000 hhds, at the 81 Stemeries he.e
and in this vicinity, making 1855 hhds, as the
actual receipts at GAINESVILLE The average weight
OF these hogshesdsis fully 1870 fbs-some weigh
ing as high as $500 lbs; THE gives aggregate
in pounds of 33,435.0O0. The average price OF
the GAINESVILLE Tobacco, as sold here is $l50 per
hogshead- bringing $250-and some over
$500. This shows difference in favor of Clarks
Vile over Louisville of l2,375 900 lbs of tobacco,
or at Louisville weights of 1892 hhds and the
prce obtained at Clarksvle was So, 7s6, $50, being
81 ,UlJ ,SJU more III tH was OUTLINED
which is nearly 60 per cent ahead of "the only
competitor with New Orleans" We hope the
Journal will correct this error.
We may add that every year the tobacco bust
ness at Clarksve is largely increasing; and when
the Western District of Tennessee, is penetrated
by the Memphis, Clarksville e. Louisville Rail- !
road, which is now in process of rapid construc-
ton, we expect very heavy increase from said
Dist riot. We have now As resident buy ers, which
gives abundant competition and largely benfits the
planter
Our Tobacco is also sold at auction-each hogs
head on its own merits and the planter avoids all
the risks aud losses named in the Journals article,
gets his cash here, has the privilege of taking in
his tobacco after ii is knocked off (or before) hears
the comments of the buyers each sample--sees
an immense quantity of the "weed." and learns
from all these things how to man ige and cure his
tobacco SO to suit the buyers and bring the best
price.
Having furnished the foregoing facts which are
authentic, being made up from the statements Of
Tobacco men who are thoroughly conversant with
all the tobacco markets &c, we ask the CONNER
cia Editor of the Journal TO correct his error and
do "honor to whom honor is due"
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