Clarksville chronicle. (Clarksville, Tenn.) 186?-1872, 1868-01-03
TOBACCO MARKET.


On market closed, for the calendar year,
with sales by Messrs. whitlock, Mckinney
Co. Of 10 hhds., and by Messr. John J.
Thomas & Co. of 81 hhds.
In consequence Of the soft condition Of
many of the samples, prices were irregslar
and some Of the samples withdrawn from
sale.
The sale was full enough TO enable us to
make cIassfcations and furnish the follow
ing quotations, which are intended to apply
to the new crop: Lugs Al to &C.,; common
leaf 81 to &c.; medium leaf 81 TO loo.
fair leaf, IL to &c.,; fine leaf IA to l7c.;
choice selections, 1s to zoe. There were no
selections offered. A thin, bright hid. lii.
tie mixed, raised by Mr.. B. J. Metcalfe.
brought SIT 90, and better hid of same
class, but also mixed, raised by Mr.. r. 2.
Turner, brought $ls 80.
The market will reopen with the new
year with full breaks, affording opportuni-
ties for selections for the different foreign
markets.
We find by reference to our files thar the
sales for the "Tobacco year, of 1867 were
.l3,476 Lhds., compared with 49O3 hhds for
1866. This gratifying result Is not only
due to the liberal policy of our Board Of
buyers and the high business qualifications
and enterprise Of our Warehousemen, but
also TO the hearty cooperation Of our plan
tiers to rebuild our home market and restore
to 1t Its former high reputation.
The result has been a complete success,
and the GAINESVILLE Tobacco Market stands
now upon as firm basis, and bids as bold a
defiance to honest competition as in her
palmiest days before the war. Our planters,
|at an early day, recognized it as their true
policy to establish special home market for
our peculiar type of tobacco, and reaped the
result of their foresight in the growth of our
back country into the wealthiest planting
community in the South.
The new year opens with larger board of
home buyers than we had last season, with
an easy money market, and with increased
banking facilities by the addition of the
"Providence Savings Bank" to our list of
Banks.
Our banking institutions, by their wise,
conservative policy and admirable manage
ment, have held themselves at all times ready
to discount every good bill offered at regular
rates, keeping money easy-wbile our neigh
bors to the South and North of us have been
compelled to pay from one to three per cent.
per month for money. [See Memphis and
Louisville papers. When money Is at these
ra es the cotton and tobacco planters gene
rally have to "pay the piper"
We know Of only two foreign orders that
have reached our market, but have seen let
tiers indicating the early arrival of foreign
buyers ard orders for Germany, Italy Swift
zerland and Venice; so we may reasonably
expect even better market than last season.
The Tobacco crop now coming in is not
only very inferior in quality, but deficient in
quantity, being estimated at one-half of the
crop Of 1865.
But for its inferior quality, and the heavy
stocks of American tobaccos in Bremen
London, Liverpool and New York, we
might look for a high scale of prices but
with these facts before us, it would not be
prudent to calculate upon higher range of
values than were current during the past
season--yet we hope TO see real "choice Sc.
lections' bring $25, 90 in this Market as this
grade is scarce everywhere.
Notwithstanding our short crop our receipts
viii perhaps equal those of the past season,
as we shall draw large supplies from Trigg,
Lyon and Caldwell Counties KY, and from
the region Of the upper Cumberland. Plan
tiers in those sections gave our market full
test last summer, and were better pleased
with their account of sales from here than
from any other market. [fisi o-r
The Tobaccos from the Burksville and
Huntsville districts will command better fig
ures this season that ever before their leaf
being longer than ours, and long Tobaccos
being in demand.
We would suggest to our planters as sound
policy, to prepare and send to market all of
their green and inferior tobacco first; as being
more apt to obtain better average on their
crops round, than to hold their inferior grades
back, until the markets are partially stocked
with their better grades. This being the most
Southern of all the interior Tobacco markets,
our crops can be prepared and reach the ont
ward markets before all others, which W i'll
enable our planters to work off their poor
green leaf and Tugs. before Indiana and Illi-
nois can food the market with their trash.
The new year will open with Gales at
Trice's Landing and Linwood, from which
we hope to hear good report.