Daily tobacco leaf-chronicle. (Clarksville, Tenn.) 1890-1895, 1890-12-30
BoARD OF TRADE LAST NIGHT.
The Cigar Plant, Snuff Factory and
Other Matters Of General Interest
Discussed, Business Improv-
ing.

A good number of citizens were at
the Board of Trade meeting last
night. The meeting partook very
much of a social feature and general
discussion of-affairs, and the outlook
for business enterprise the coming
year.
President Howell called the board
to order aud submitted letters from
Mr.. J. Stanley Winget, of Ohio, in
reference to moving the cigar plant
here. The proposition in short was
about as follows: The company Of
fering to come south with its plant is
represented as having $25, 900 capital,
has no outstanding obligations, dis
counts its own bills, has an establish
ed trade of 100000 cigars annually,
employs over 100 hands, the payroll
showingIover $2l, 900 for the past. year.
They wish to double their capacity
by issuing $4,000 in bonds, the
money to be invested in buildings,
machinery, etc, in this city. The
concern proposes to show an open,
clean record, above suspicion, and
expects fair dealing on the part of
citizens where it may locate.
The general idea was that it would
be good thing to have such a plant
coated here, as ii would bring pop
uation Of several hundred people,
but no one seemed to understand the
business or know what was necessary
to be done or how to get at it.
Therefore no definite action was
taken on thesmotion. M. II. Clark
and M. V. Ingram were appointed
as a committee to correspond with
Mr. Winget in regard to the matter,
The question Of snuff factory was
introduced and the general idea was
that snuff making would pay better
here than anything else, because Of
the low material, the natural snuff
tobacco being shipped from here reg
ularly to Philadelphia and other
points for manufacture and that the
fIeghts alone on this tobacco would
paya fine profit Mr.. Clark spoke
on snuff making and the splendid
profits in the business, and further
said matters were taking shape tC
locate a large plant here very soon
The tax on snuff had been greatly in
the way of this enterprise, but now
that the tax mad been reduced to six
cents, it would come.
President Howell spoke of the
splendid success of the Bending
Works, for which the city gave
a bonus to have the plant
moved from Ohio here. The
concern had already about doubled
its capacity and had reached
a paying basis in a few months ant
still was not able to meet the demand
for its work. The foreman of thii
establishment says he has been IL
the business eighteen years and neve
before found such high-grade, excel
lent timber as they are working
here. The Ohio timber had Ions
had the reputation of being the hes
in the world, and he thought the.
were doing well there . if they die
not lose more than one stick in tel
Ii in bending, but here he had run
whole day, turning cut 1876 to $50 sci
of felloes without breaking or losiDi
single stick. President Howell
who does the banking business of tn
concern, spoke most encouragingl,
Of the outlook for the works, ant
thought the donation to it was abou
the best money GAINESVILLE had spent
Mr.. Mex essen came in about thi
time, and being called upon for al
expression, he confirmed all that hat
been said by Mr.. Howell and more
He was greatly delighted with tn
quality of the timber found here il
the greatest abundance. He hat
never seen any to excel it. He thel
said he now considered himself
permanent citizen of GAINESVILLE, ant
while he knew nothing about tn
cigar business, he wanted to be con
sidered in the list, ready to take
hand with the citizens in anything
they thought good for the town.
The question of large wagon fac
tory was also discussed and other en-
terprises. In regard to the financia
stringency and partial suspension o
business, Mr.. Howell said the situa
ton had greatly improved that thu
money stringency was gradually
easing and that great deal of money
was coming in to handle the tobacco
trade and there would be no trouble
about money here as soon as the mar
kets were fairly opened with gooC
demand. Mr.. Clark said the mar
kets were already open that buyers
were willing and anxious TO take the
stocks on hand at last summers
prices, but holders were unwilling tC
sell that was the trouble.
The general idea was that the
panicky feeling had passed over and