84 CIRCULAR 10 0, U. S. DEPARTMENT OF AGRICULTURE 



Table 36. — Expenses of operating pooU per 100 pounds of tobacco 



Expense and pool 



1922 crop 



1923 crop 



1924 crop 



1925 crop 



General overhead (all tobacco) : 



Dollars 

 0.94 

 1.24 

 1.61 

 1.45 

 1.29 



2.46 

 3.12 

 2.85 

 3.11 

 3.21 



.32 

 .92 

 1.13 



.59 

 .29 



2.14 

 2,05 

 2.54 

 2.70 

 2.98 



Dollars 

 0.98 

 1.31 

 1.40 

 1.53 

 1.41 



3.04 

 3.51 

 2.84 

 3.02 

 3.29 



1.33 

 1.58 

 .86 



.66 

 .75 



1.57 

 2.68 

 3.75 

 3.45 



4.18 



Dollars 

 1.42 

 1.75 

 1.86 

 1.98 

 1.69 



2.70 

 3.56 

 3.23 

 3.89 

 3.72 



.72 

 .65 



.77 

 .61 

 .50 



1.50 

 4.98 

 4.63 

 6.26 

 4.98 



Dollars 

 1.77 



Dark-fired 



1.70 



Old-belt.— 



1.47 





2.14 





1.79 



Redrying expense (redried tobacco): * 



Sun-cured - - 



2.36 





2.15 



Old-belt 



2.15 





2.86 





2.63 



Carrying charges (redried tobacco): 



Sun-cured .... . . 



.07 





.17 



Old-belt 



.24 



Eastern Carolina . . - 



.39 





.32 



All operating (on tobacco sold): 



1.77 





1.82 



Old-belt 



2.34 



Eastern Carolina . 



4.86 





4.56 







1 See footnote 2, Table 34, p. 82. 



It was not possible to analyze these expenses in detail. Atten- 

 tion is drawn to certain outstanding facts. The great bulk of the 

 general overhead and redrying expenses for any one crop were in- 

 curred in the year in which tobacco was received. It is thus possible 

 to draw a comparison between the expenses incurred during the dif- 

 ferent years and, to a more limited extent, to compare these costs 

 for the different pools. Redrying was the most important item of 

 expenditure. The effect of the redrying expense on the total operat- 

 ing expenses depends upon the total quantity of tobacco redried in 

 in each pool. In 1922, only 31.4 per cent of the tobacco received was 

 redried. As a result the total operating expenses for that year were 

 much lower in proportion to the receipts of tobacco than they were 

 for later years. 



The total operating expenses were lower for the sun-cured pools 

 than they were for the other pools because the bulk of the sun-cured 

 tobacco was sold in the green state. This reduced the total cost both 

 of redrying and of carrying the tobacco. On the other hand, the 

 operating expenses were very heavy for the pools in years in which 

 a large proportion of the tobacco was redried. The year 1924 is an 

 example^ During that year over 80.3 per cent of the tobacco received 

 was redried, and the operating expenses for that year were extremely 

 heavy in all except the sun-cured pool. 



The per 100-pound cost of operation, especially in the field of gen- 

 eral overhead expenses, increased as the volume of receipts declined. 

 In 1923, the quantity of tobacco received in the flue-cured pools was 

 somewhat larger than in 1922. A decline in overhead expenses is 

 noted for the eastern Carolina and old-belt pools. Provision was 

 made for a greater delivery in South Carolina in 1923. but as this 

 did not materialize the expenses for that year were higher than 

 they were for 1922. After 1923 the generaf overhead expenses in- 

 creased for nearly every pool. However, there was a substantial 

 reduction in these expenses for the old-belt pool for 1925, and a 

 smaller reduction for the dark-fired pool for that year, resulting 



