xt7bzk55f62g_39 https://exploreuk.uky.edu/dips/xt7bzk55f62g/data/mets.xml https://exploreuk.uky.edu/dips/xt7bzk55f62g/data/61m145.dao.xml Perry family 4.7 Cubic Feet 11 boxes The Perry family papers (dated 1800-1952; 4.7 cubic feet; 11 boxes) consists of correspondence, accounts, business vouchers, bills of lading, receipts, and legal documents relating to Fountain Perry's river shipping business and Roderick Perry's public service and law career in Gallatin County, Kentucky. archival material English University of Kentucky This digital resource may be freely searched and displayed. Permission must be received for subsequent distribution in print or electronically. Physical rights are retained by the owning repository. Copyright is retained in accordance with U. S. copyright laws. For information about permissions to reproduce or publish, contact the Special Collections Research Center. Perry family papers Inland Water Transportation -- United States Bridges -- Design and construction. Bridges -- Kentucky Business records -- Kentucky -- Warsaw. Shipping -- Ohio River. Shipping -- Mississippi River. Boatmen. Bills of lading. Robert and Fountain Perry correspondence text Robert and Fountain Perry correspondence 2015 https://exploreuk.uky.edu/dips/xt7bzk55f62g/data/61m145/61m145_5/61m145_5_9_10/32341/32341.pdf 1829 1829 1829 section false xt7bzk55f62g_39 xt7bzk55f62g gx /,// \ Y I C gzgd
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LIVERPOOL, 31st DECEMBER, 1898.
Sm,
THE Tobacco market has advanced considerably in the last three rnorrtlrs, owing to various causes—the
advices of short crops in Virginia and Maryland; the diminution of the stocks in Europe; and the high prices of Grain, which may
. · naturally be expected to diminish the culture of Tobacco in the \Vheat growing districts of the United States, as well as in various
_ _ parts of the Continent. Speculators have in consequence bought largely; the sales to them since the lst October are no less than
·. · - -·+• , * 3,000 lrlrds. in this market, establishing an advance from the lowest point up to this time of rid. ll lid. on Strips, and lgd. a 2d. on
l A J Leaf; the latter being scarce, owing to a very moderate import.
. q gg i The stock now in Europe in first hands is estimated at 64,000 lrhds. against 'i'5,000last year at this time, and 62,000 at the
l \ . & _ close of 1826. The consumption of the Continent appears to dimirrislror increase as much as 20,000 hhds., according ashigh or low
' il, _ , AJ) ‘ pricesprevail; but, as their own crops of the article are reported to be rather deficient, it may be presumed that the consumption will
T"'tg§ R i 0 _ be large; indeed, in Bremen the sales to consumers have been 24,000 hhds., or 8,000 more than in 1827; owing, we believe, to a
l _ l` w , removal by Prussia of some restrictions which previously existed upon American Tobacco.
gg ` ' "T V ff., _ °· ° R · l Tr _ In this Country we believe there has been no addition to the legal consumption, the smugglrng being carried on as much
ii sl * _ \\ ll V as ever in England and Scotland, while in Ireland it is evidently on the increase.
iliullirg N N \ \ A bVltlr regard to the important question ofan extra duty on Strips (which in June last gave the first impulse to the market) we
ln ` ——:·r \ ‘ { have reason to believe, that Governmcrrt are anxious to make some changes in the laws regulating the revenue derived from Tobacco,
I \, Nil ,; and during the recess of Parliament, they have been engaged itr collecting information upon the subject. It is diflicult to foresee the
N \\ li w ; § i alteration that may be proposed, but certainly a good deal of the late speculation in Strips has bcerrfourrded upon arrexpcctation
; fr \J i ` \ that sonre prolribitory duty would be imposed otr tlrcnr [or at least agitated) upon the ground of their being in part manufactured.
l _ But as this would not affect the smuggler, many are o1` opinion that at length Government may deem it a matter of good policy to
il { lower the duty to 2s. or Is. Gd. per lb. on Leaf, with some difference as to Strips, in favorof the former.
V /·$- I i {,·4r.’:=»._,i§ Of the Stock noted as held by the Trade and exporters, about 150 hlrds. belong to the latter, and 200 to Irish and Scotch
V _ I * "1 dealers: leaving 465 Virginia Leaf and 1600 Virginia atrd Kentucky Strips for the Manufacturers, from which we conclude, that they
_ cannot generally be of the same opinion with the speculators respecting a discriminating duty on Strips, otherwise they would have
` · " ’ guarded against this measure by securing a greater supply.
W I LA g Q \ * `·—·»..-- The import of Tobacco has been moderate itr London as well as Liverpool, and the stocks of both ports are 4250 lrlrds. less,
‘ ` while those of all other parts of the kingdom are 900 hhds.·more than on the Slst December last year.
l Q VY L ¥ The sales of this month amount to 1622 hhds., of which 522 were Virginia Leaf, 764 Strips, 223 Kentucky Leaf, 108 Strips
\ LJ and 5 Marylantls. The speculators purchased about 1l50 lrlrds., viz., 120 of the Virginia Leaf at dd. a ·l§d., and2~1 at 5§d., 700
` \ ‘ Strips chiefly at slid., all the Kentucky Leaf at 2§rd. and 3tl,—~one half at each price,and 85 of the Strips at 5d.; the remainder being
y` taken by the Trade, with the exception ofl00 Virginia Leaf for Ireland, and the same quantity for export. During the year the total
_. sales have been 12,000 lrlrds. of all kinds, or 2,000 more than in 1827; of this quantity 4,300 were to manufacturers, 1,600 to Irish
_ dealers, 1,500 to exporters, and 4,600 to speculaturs.
I Q\ —Q COTTON.—2d JAN. l829.——The stock of Cotton is now announced at 295,500 bales in this port, 157,600 of which are of
’ JA United States growth. The general stock in the kingdom is 405,000 bales; this, though 45,000 less than at the same period last year
I is rrrore than was generally expected some weeks since, owing to the unusually early supply of the new crop. The export has not
_ varied much from last year. The deliveries to the Trade have been at the rate of 13,800 bales per week; and, as they have bought
’ I igx _` ver·y sparingly for the last rrirre weeks, and were reported to have held last year 20 or 30,000 bales ruore than usual,we should consider
this constrmption as fully equal to this delivery. The general run of the new Uplands from Virginia bring 6ld. a 6 3~8d., fromCarolina
· and Georgia Grid. a G§d. The same reasoning as to the consumption of Tobacco, at low prices for it, and high prices for Grain, is
equally applicable as a foundation upon which to estimate the consumption ofC0tton for the next year: and as your crop is reported
· as fully equal to the consumption of Europe and the United States, and no deficiency being expected from any other quarter, we
. —-·- 7 is ·" `‘‘‘‘‘` ‘ ` cannot look forward to any material alteration for some time.
Notwithstanding the large supplies of Grain during the last three months, and the liberation of \Vheat out of bond at the
low duty of 1s. per quarter, all descriptions maintain pretty high prices: say \Vheat 11s. rz lis. 6d.per bushel of 70lb., Flour 43s. a
. 44s. per barrel, and Indian Corn 36s. per 480 lbs.
`Ve remain, respectfully,
Your obedient Servants,
MAURY, LATHAB1 SL C0.
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