66 



CIKCULAR 10 0, U. S. DEPARTMENT OF AGRICULTURE 



number decreased from 232 in 1922 to 206 in 1926. Due to destruc- 

 tion by fire and expiration or cancellation of the contract the number 

 of leased warehouses decreased from 120 in 1922 to 90 in 1926. 

 Table 28 shows the number of warehouses leased and relinquished, 

 by years, and warehousing corporations. During the period of 

 operation of the association TO warehouses were relinquished and 

 160 leased. The Bright Leaf Warehousing Corporation was the 

 only one of the five corporations after 1922 to lease more warehouses 

 than it relinquished. Of the total 70 cessations, 32 were due to 

 expiration of contract, 30 due to cancellation of contract, and 8 due 

 to destruction of the warehouse. 



Table 27. — Number of warehouses controlled oy warehousing corporations, 



1922-1926 



Warehousing corporation and form of control 



Dec. 31, 

 1922 



Dec. 31, 

 1923 



Dec. 31, 



1924 



Dec. 31, 



1925 



June 1, 

 1926 



Dark leaf: 



13 

 19 



14 

 16 



15 

 14 



15 

 14 



15 





12 







Total 



32 



30 



29 



29 



27 



Bright leaf: 



17 

 17 



18 

 18 



19 

 19 



19 

 22 



19 





19 







Total .._....__. . . 



34 



36 



38 



41 



38 







Central Carolina: 



Owned ... - _ . ..-_.. 



16 

 26 



16 

 26 



15 

 24 



15 

 20 



15 





19 







Total 



42 



42 



39 



35 



34 







Eastern Carolina: 



38 

 29 



39 

 29 



39 

 28 



39 

 25 



39 





23 







Total 



67 



68 



67 



64 



62 







South Carolina: 



28 

 29 



28 

 27 



28 

 24 



28 

 21 



28 





17 







Total - 



57 



55 



52 



49 



45 







All warehousing corporations: 



112 

 120 



115 

 116 



116 

 109 



116 

 102 



116 





90 







Total 



232 



231 



225 



218 



206 







Data from the special report of the receivers for the Tobacco Growers' Cooperative Association, 1928. 



A great deal of the criticism directed against the association in- 

 volved charges of extravagance in the purchase of warehouses and in 

 the employment of warehouse personnel. It is true that the asso- 

 ciation did have more warehouses than were necessary to handle the 

 tobacco received. This surplus was due to (1) overestimating the 

 quantity of tobacco the association would receive, (2) overestimating 

 the amount of space necessary to handle tobacco according to the 

 association's marketing and grading system, and (3) the apparent 

 policy of purchasing all warehouses offered for sale. 



