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The Daily Dispatch: December 10, 1860., [Electronic resource], Highly important opinion. (search)
The following is from the Tobacco Circular of M. H, Clarke, tobacco broker, Clarksville, Tenn. The Western crop of Tobacco of 1860 is variously estimated at from 50,000 hhds. to 60,000 hhds., which, with the stock of and Stripe held over- about 10,000 hhds.--will make the receipts at New Orleans to Sept. 1st 1860 from 60,000 hhds. to 70,000 hhds.; perhaps the latter figures will be found nearer correct. The pecuniary pressure in the interior, and the inferior character of the crop, will probably have the effect to urge forward the whole stock by midsummer, before navigation ceases in the island streams. The Tobacco crop in the Clarksville district is generally of inferior quality, mostly short leaf of fair body and substance, with an unusual small proportion of long, heavy, and large leafy qualities. The make of Strips for 1861, from the character of the crop, (which ill fits it for stemming.) and present ruling prices and heavy stocks in the English markets, will be v