Clarksville weekly chronicle. (Clarksville, Tenn.) 1873-1890, 1874-08-29
GAINESVILLE LEAF TOBACCO
MARKET.

- II f4ss
For the past four weeks our laarke'
has been steadily advancing on all
grades. The advance on Tugs and low
leaf has been light while the better
grades have advanced from two to two
and half cents. zAt-isi e
As we have had an unprecedented
season it is hard to come to any de-
finite conclusion as to the eliminating
point. The seaboard markets have
not as yet responded to our figures, but
according to the laws of trade they
must respond very soon. OF transfer
the trade to the West. Any product
will eventually seek its best market,
and if the western markets continue
to pay the Spectator best. as they have
done this season, as natural conse-
quence they will turn their attention
to the West where they can sell any
day they wish, and where crop pros
poets can be quicker and more fully
understood. Eff 8IF ]
The drouth still continues and is
now more damaging to vegetation than
any time since it commenced. The
July planting (Which is by far the
largest of the season. is to-day smaller
than when it was put out and will never
be housed as many of the planters are
now blowing it up preparing their lands
for wheat. La addition to this the
worms are unprecedeutiy bad. 1t is
almost an impossibility to save the
early planting from the unheard of
supply of worms.
But it is useless to preface our mar
ket reports with facts as they exist,
as they will not be believed at the
seaboard for sixty days yet. After the
10th of June last we gave, with the
greatest caution, the facts as they ex-
isted as to the paintings and prospects
and the seaboard is just now reluctant
ly admitting the situation to be true.
1t is matter of no great consequence
the seaboard believe or dis
believe our reports. If holders will
not sell, the results will be the same. |
The crop we are now handling will fall |
short of the estimate some ten or fif- |
teen thousand hhds. Our strip men
are from four to six weeks earlier in |
the delivery of their strips than they |
were last season, and if other strip
markets have responded in the same |
ratio, the receipts at the seaboard have |
been swelled several thousand hhds. |
by strips. Notwithstanding, the sea-
board is at this time some ten or twelve |
thousand hhds. behind last season in |
receipts. This, together with the |
over estimate of the stocks of the |
world, will necessarily make the de-
mand (before we can produce another
crop greater than the supply which |
will put prices to a higher range than
at present.
The steady advance on our market |
can be better understood by giving |
Messrs. Grinter, Young & Co.'S sale of |
Eve hhds. of the crop Of j. III. Long |
of common leaf and Tugs which aver
aged sl4 %. Also the crop of leaf of |
Joe. Limbaugh, of Guthrie, KY, |
seven hhds., averaged SIS %. Messrs.
Harrison & Shelby also obtained some
high figures, the particulars of which |
we have not received. We now quote
Lugs, 81 to Zoe; low to medium leaf,
10 to lie; good to fine II to 14c; Sc
lections, IA to 174c.
Since the above was in type (Thurs-
day morning) we have been blessed |
with the finest rain we have had since
DrII