The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-04-19
L ABE CIR UL A r
HENRY S. HANNIs & GO.
PHILADELPHIA, APRIL 6, 1868.


years. have entertained opnioz the grsat and
growing cOnsun ption of FINE Old Rye whiskies and
their consequent scarcity and higher price,
once ompelled acknOwleo that have
far enough" At the date of last Circular January 2h
it would have and indeed perhaps thought
by the unrt citing portion Of the trade that such
binary quotations then gave for New and Old FINE
Rye Whistles could well be sustained. While hereto
fore have repeatedly chrorclsd extensive movements and
heavy advances have report heavier engagements
than panied unceasng advance in prices
but two in the spring of 1866
perceived the FIRST gnmerng of what for them
Dters OF Fine Whistles that time were vainIy en-
oeavong to sell at the most tempting prices 1t
Of the year make their Not year had
passed the history Of the trade one
1865 in which this Of contracting the spring
adhered to- New Pure Rye, quality could have
teen bought the and for long future delivery
as fifty cents per gallon in bond while best half rye va,
offered conditions at forty bond Even
Whistles of Fix months age they were held
vt hut about cents As early January We
the trade publicly then settled conviction the
| existing scarcity Of REALLY OLD FINE RYE Wills
KIEs. We the tine made the emphatic assertion
that the stock totally insufficient the growing
demand Yet such the wanton spsthy
the trade TIL perhaps dealer in took ad
vsntags Of such brilliant opportunities About August
1866 the trade after the other began open thsir eyes
and from that time TO this sceplcism both questions of
scarcity and increasing demand has been vanishing away
Indeed those who doubted most postponed their
something, don't know what amongst the most
ssDgune, and paying wofold and threshold As
much for their supplies they could done two
| years ago.
siDce January 27h the then recorded causd
in part by the recent law prohibiting of Whk
bonded warehouses except upon hee,v
eorfnng manufacturing in the interior few dsters Of
large means have their warehouses near their dis
tleiies have Glass in district ha. further a.
above intmated, been intensified Holders OF bonded fine
in hava had,
advancing pr almost daily In many large lots have
been entirely withdrawn from markethe owners devotin
their time to the making Of and to the
picking up such bargains offered than eecng sales,
DEFENDERS of 1867 bond bring are held from Al a 10
81 TO- according to quality estimation brand Five TO
fifteen gallon per MONTH for each older month ia de-
manded obtained. For spring and summer make Of
1867 81 90 to 81 IS bond according and age IA
about the range of prices As to the fine Whistles of ss
of which consumptve demand greater which mus,
soon become quite scarce, they show rmnes Bst
brands bring 81 Is IS 7 in bond ccordng TO age aud
character parcel July. 1866 in heated rooms brand
highly appreciated, held at 81 90 in Fine Rye ghis
kies Of 1868 which originally little was distilled are INIT
seldom offered on the market Consisting of but fa ram
nants in most they required by dealers for THAR
finer al smaller trade It therefore somewhat cult 70
ascertain From 81 % to IS on in bond however
according to age whether Of the fall spring manufacture
as ell as Of quality, may be considered
| While FINE RYE WHISTLES in bond have thns mar
ousy increased in value, the older free Pure Ryes have
received attention The such yiz that
made anterior 1865 consists of but remaants and
when with being valuable ssary TO mar
ties having fine csstom higgng prices results Az
much 81 to S2 has been paid within the last few dsvs
for five to fifteen yesrs old few years ago. even hen
trade was crcumscrbed in extent stock Of two 10 trs.
thousand barrels Fine whisky of years old and
was considered NECESSITY by any prominent houss in
the trade Now including the Bourbon Whiskies il
extremely doubtful than ak eight thousand bar
res OF quality Of those ages whole cosptr
One or years of such consumpve demand will
tainy suffice for the trade to witness the almost
| tnction Of this class of Whistles
We have of late been asked the old question
these high prices continued and SO, how longYn Prices
seemingly high as to almost sgger any one who
has deeply looked into the question have ourselves
at times hvstated considerably before answering tn.
ton have always cone in the affirmative Ye thu
look into ike matter, have stud,d
1t almost aspect, feel the better assured "ths
end is YETI il be for long tine to come
We do say that the advance in price or that
the extraordinary profits in holding as great
heretofore Yet the advance be only half as much or
fourth there would s be enough TO coatsnt
reasonable dealer or investor. FINE PURE RYk WHISKY
GREAT AGE has been usurping. for years Fine
Brandy The task is nearly accomplished II re.pir.
NO argument now convince the trade tbs. tn. f,.. az
stock Of WIFI kes manufactured prior to 1865 is vary in
significant fact that all the houses the land co,b.
have NO Of such stock than any single house Of
class meas heavy custom il. props
w. should alone They that durn al Of 1865
and early part 1866 the dsers Of FINE RYE WHISKY
made but Of barrels when they should have
thousands They also aware owing scarcity and high
price older stock that Of 1856 and 1861 Whkes the
suspon been very great and that it is now becoming
greater Prior to the the stcckOf Fine Rye whsks.
was hardly sufficient meet the SOsthsrn dsuand rhi. IA
proven By then advancing price Since the close Of tn.
war have the North, with Its vastly greater population
the South to supply Place these facts together sad
will be perfectly apparent that the stock 1867 1850 la,
in bond and older stock far below what ia oueb
be for the hold to give requisite 20
| their customers.
We believe the consumption Of Fine Old Rye Whistles q,
be four fold than prior war During m.
war production much diminished Dslsrs turped thai,
attention to Common Corn Whisky which paid ouiek.r ara
better The production of B fine Whisky now
under late present stimulus barely up the
tive demand The regiors producing fine WHISTLES are few
being confined portions only of Pennsyv MARYLAND
virginia and Kentucky During the States were
overiun threatened to be overun by armies of both
dea 1t hold stock for age Considerable.
destroyed Even however, present production IN ex
consumption, such coul only that now
being died II could affect the older stock a. uch
stock will have passed away before that now making
could Even in such contingency the whisky
now making would then be old WHISKY possessing Of coue
mnch enhanced value by its Of one tire.
| Summers, the case might be-
For these reasons and many that we might give ".
are s OF opnisn that Fl Old Ryes good quality
prior to 1865 and those in bond of 1865 1866 1867
eoutnue to advance price thy Improve by sge until
they exist As 10 the Of reay quality now
being distilled aud to be distilled this Spring lie perhap.
they may pay enormously hold Springs "a.
| done, yet there rs ample room for large profits.
may well be ceived that mus with much gratif
caton the efforts the trade OF making
place themselves proper stock in advance Of coming
warm weather In acknowledging this are compelled e
remark that while the majority Of older more exp
enced dealers discreety combining operations "a
brands approved quality many have BEEN STILL toe
prone to be led by questions Of the hour and
glitter Of ostsnsby low prices Many the WHISTLES coming
West but limitations frequently being no.
tsisg but WHISKY, withdrawn from
rehabilitation rsct6cston placed in chsrred bar
re favored, marked with fictitious brand and then
for sale Even where this process is 1rted
20, and Nhskies regularly made and perfectly
straight, they generally made the principle
the Common Corn WHISKY the distsrs thinking their
accomplished because they may sounder grain and
greater proportion eff Rye To manufacture Whisky
the dster must and have long experience
The used in the mssh must have certain properties
that Of mountainous region being tie best II fact hs
has within province taste
WhisEy manufactured on rRAIRIE LAND. Fine Whistles