Clarksville weekly chronicle. (Clarksville, Tenn.) 1873-1890, 1879-01-11
sawyer, wallace q Co.'s Monthly
TobnccO Circular.

T0baccO Circular.
NEW YoRK, Jan. 2, 1s79.-Th
market was entirely devoid of in
terest, and without variation il
price.
The English markets appea
steadieg, but business is bad owe
there, and salescom paratively ysmall
Bremen is quieter. Low grade
are still sold for the interior, bu
there is next to no demand for thei
large stock of good leaf, and the
small lots disposed of show q de
cline of 1@s2c. Late kilograms, stop
ping further shipments, have beer
received, without stating the reason
Perhaps friend Bismarck has as
much difficulty in getting his tax
raised as our manufacturers have in
getting theirs reduced.
The Western markets are quiet.
Cold weather retards the preparation
of the crop for market. Very little
h been done in the country, and
generally at hole. below last years
pr ces, but these were mostly infe-
rior crops, and,. for the better, farm
ers are unwilling to submit to much
reduction. AT the same time we
think there is more disposition to
make another crop this year than
last, probably owing to the low
price of o her staples. In the Ma
son county district farmers ask all
the way from 7@I2c., and even
higher, but buyers do not seem
eager to secure the coveted article
at the figures.
You will see from this, that the
reduced crop just gathered, hardly
Offsets its enormous predecessor /;
and it must be remembered that
European JobberS and Manuiac-
turers hold unusually large stocks
which cannot be ascertained or re-
ported. The Reggie Contracts were
the controlling influence in our
market the past season, and will be
likely be much more so the next, so
it Is impossible to estimate the de-
mand or the probable range of
prices till they are awarded. We
can only repeat our advice to put
up all dark substantial Leaf in a
manner acceptableto this trade, and
to buy cautiously. We have Just
emerged from the five best, honest
est years this country has seen for
long time. During this healthy
reign we have paid off our foreign
indebtedness, bought back most of
our securities held abroad, raised
enormous crops Of everything, so
that prices have not been SO low for
many a day, and yet have so econ
npnizo1 that oO1Eon4So,,e a., o,so ,.n ,ol,-
better. Wild speculations and
overtrading have been discouraged,
bubble enterprises have burst,
scoundrels have revealed themselves
and gone to their own place, and we
are sliding into specie payments a.
easily as q swan into water. We
have all helped in this good work
some by industry, some by burst
ing, and some by revealing them
selves scoundrels-and we don't
want the thing spoiled. We now
enter upon five years of trial, and
it will be well for us if we don't UNI
do all the good we have accom-
plished. The condition Of Europe
may well act as a check upon the
too sanguine among us. They APP
pear to be going through a purify
ing ordeal which has so benefited
us, and we must go slowly and
moderately till they get through,
for we are bound together like the
Siamese Twins. Be content there
fore, this year, with a little crop
well titled, a little purchase well
bought and managed. Remember
It's no in titles nor In rank;
It's no in wealth like Lonon bank,
To purchase peace and rest;
It's no in maxim muckle nair
It's no in books, it's no in lear,
To make US truly blest;
II happiness hae no her seat
And centre in the breast,
We may be wise, or rich, or great
But never can be blesr.