ANALYSIS OF TOBACCO GROWERS ASSOCIATION 



83 



expenses for each pool by all the tobacco delivered in that pool. The 

 redrying expenses were divided by the total quantity of to- 

 bacco redried (on a green basis) to get the cost per 100 pounds 

 of redrying. The association allocated carrying charges to the dif- 

 ferent pools on a value basis. To ascertain the cost per 100 pounds 

 of " carrying " tobacco it was first necessary to prorate the total car- 

 rying charges for each pool between redried tobacco sold and redried 

 tobacco on hand at May 31, 1926, on a value basis. The carrying- 

 charges so prorated between sales and inventory were then divided 

 by the weight of redried tobacco (on a green basis) 11 actually sold. 

 The total expenses incurred in operating each pool were prorated 

 between tobacco sold and inventory. The cost per 100 pounds of 

 operation for each pool was obtained by dividing the expenses pro- 

 rated to the tobacco sold by the weight (on a green basis) of to- 

 bacco sold in each pool. 



Table 35. — Accumulated operating expenses to May 31, 1926, allocated to pools 



Pool 



Type of expense 



1922 crop 



1923 crop 



1924 crop 



1925 crop 



Sun-cured 



General overhead 



Carrying charges 



Redrying charges 



Total 



Dollars 

 33, 660. 79 

 4,971.26 

 38, 128. 49 



Dollars 

 29, 608. 09 

 5,417.74 

 12, 349. 22 



Dollars 

 30, 134. 73 

 334. 39 

 1, 240. 56 



Dollars 

 34,877.25 





734. 13 

 2, 597. 85 





76, 760. 54 



47, 375. 05 



31, 709. 68 



38, 209. 23 





General overhead 



Carrying charges 



Redrying charges 



Total 





Dark-fired 



331, 621. 62 

 55, 533. 68 

 189, 015. 52 



316, 589. 63 

 184, 796. 88 

 406, 881. 24 



352, 984. 44 

 130, 091. 38 

 641, 298. 17 



246, 158. 51 





16,791.91 

 210, 987. 77 





576, 170. 82 



908, 267. 75 



1,124,373.99 



473, 938. 19 





General overhead 



Carrying charges 



Redrying charges 



Total 





Old belt 



1, 446, 384. 30 

 265, 203. 43 

 670, 388. 74 



1,279,031.24 



510, 396. 54 



1, 691, 982. 08 



1, 086, 300. 82 



352, 040. 28 



1, 472, 365. 04 



507, 306. 44 





74, 277. 35 

 657, 247. 49 





2, 381, 976. 47 



3, 481, 409. 86 



2, 910, 706. 14 



1, 238, 831. 28 





General overhead 



Carrying charges 



Redrying charges 



Total 





Eastern Carolina 



336, 407. 67 



61, 603. 48 



326, 847. 53 



411, 506. 73 

 133, 874. 49 

 612, 702. 04 



187, 057. 71 

 54,978.34 

 350, 115. 38 



149,370.67 

 23,999.17 

 177, 691. 51 





724, 858. 68 



1, 158, 083. 26 



592, 151. 43 



351,061.35 





General overhead 



Carrying charges 



Redrying charges 



Total 





South Carolina 



257, 584. 21 

 28, 361. 89 

 309, 792. 93 



487, 813. 26 

 176, 704. 67 

 779, 910. 49 



232, 556. 86 



53, 909. 16 



401,682.77 



457, 590. 92 

 75,922.29 

 633, 572. 43 





595, 739. 03 



1,444,428.42 



688, 148. 79 



1, 167, 085. 64 









41 The following formula was used : 



Value of redried tobacco sold 



Cost per 100 pounds of 

 carrying redried tobacco 

 (green basis) 



^ Carrying charges 



Value of redried tobacco sold plus value of Amount of redried 

 inventory tobacco tobacco sold 



