Hobbits will always be generated with one of a sling, a dagger, or an elven dagger, with an equal chance of receiving any of them. In addition, they have a 10% chance to receive an elven mithril coat, and a 10% chance to be given a dwarvish cloak. They also enjoy collecting things off the floor, so one may frequently find other random items in their inventories.
Chatting with a peaceful or tame hobbit gives the message "The hobbit asks you about the One Ring."
Hobbits are an unobtrusive but very ancient people, more
numerous formerly than they are today; for they love peace
and quiet and good tilled earth: a well-ordered and well-
farmed countryside was their favourite haunt. They do not
and did not understand or like machines more complicated
than a forge-bellows, a water-mill, or a handloom, although
they were skillful with tools. Even in ancient days they
were, as a rule, shy of "the Big Folk", as they call us, and
now they avoid us with dismay and are becoming hard to find.