Semi-weekly south Kentuckian. [volume] (Hopkinsville, Ky.) 1883-1889, 1888-01-24
TOBACCO NEWS.

A special from Washington says
Mr.. Force and Mr.. Messenger, who
have been In consultation with to-
bacco manufacturers, who have ar
rived here, find a strong sentiment
against repeal of the tax. This is
especially the case among the manu-
facturers of smoking tobacco. Mr..
Force is outspoken in favor of aboli-
ton of the tax, and says he thinks it
will be beneficial not only TO manu-
facturers and dealers, but to the far
mers of Kentucky.
CLARKsvILLE.--Receipts are very
small, and sales continue to be made
almost exclusively from. the old
stocks, which will hardly last many
weeks longer. The sales for the week
will probably be 400 hogsheads. The
market was active and generally firm
at the advance Of last week. Very
heavy sales of Tugs, about 1000 hogs
heads, have been made in New York,
party, to Spain and partly 10 specu-
lators, and this market at last re-
lieved from the incubus of the old
syndicate, Lugs closed for the week
&c. higher, and the movement hav-
ing commenced and speculation hav-
ing taken hold, the advance may be
expected to continue.-Leaf.
CONDITIONS VERY FAVORABLE FOR
DARK TOBACCO.
Regarding the outlook for Dark |
types, Sawyer, Wallace 81 Co., in |
their monthly circular for January,
give the following encouragement to
holders and growers of this class of
tobacco:
Liverpool is comparatively quiet,
while large sales have been effected |
in London. Both markets are very
firm with an upward tendency, par
ticularly for better grades of Strips
and Leaf Bremen quotes a contin-
ued demand, further small advance
in prices, and more attention paid to
the remaining 1885 crop. Western
markets steadily increased strength,
and the closing week recorded a
higher range OF prices for all types
and grades than in any period dur
ing the year. Extremely high prices
are being paid for the New crop,
much of which has already been
5000 nBgsmost popular estimate
Tobacco, $1,000 hogsfNAAosrd re-
crop, 10000 hogsheads. To take this
Tobacco 10 the seaboard, however it
will be necessary for exporters 10 adj
vance prices very decidedly, say three
10 five cents ON Leaf and two TO three
on Lugs. We find home trade dip
ping deep into grades that have for
the past two or three years been Ia
ken entirely by exporters. The man
ufacturing demand is not confined 10
sweet Green Rivers and their APP
proximations, but is gradually going
deeper aud deeper into heavier ex-
port grades. Our buyer Zone of our
largesD, who year ago was taking
anything but Burnley, is now taking
Dark Tobacco entirely, and four
fifths of the purchases are purely ex-
port grades. Should the present ring
of exporters find il to their interest
to hold down prices of export grades,
then our estimate of seaboard receipts
will be cut down from 1900 to 10000
hogsheads, and should Congress re-
peal the Tobacco tax, another factor
would enter into the calculation, and
seaboard receipts would have to sub
nit to another cut. Should the tax |
be removed VIC would have an adj |
vance of two or four cents on all
home-trade kinds, and this advance
would cause manufacturers to be
more liberal in their purchases, and |
they would go still deeper into ex-
port grades. 1t is possible the sea-
board may not receive over $4,000