ANALYSIS OF TOBACCO GROWERS ASSOCIATION 



145 



Table 53. — Expenses of operation of field service department to May 31, 1926, 



distributed to crops 



Item 



1922 crop 1923 crop 



1924 crop 



1925 crop 



Dollars 

 Salaries - 94,796.52 



Traveling expenses 56, 106.07 



4, 133. 08 



130.00 



3, 225. 19 



1, 154. 55 



152. 46 



Selling expenses. 



Auditing 



Director's fees and expenses. 



Rent 



Heat, light, and water 



Office, supplies and expenses - 2,059.66 



Stationery and printing > 23,313.65 



Telephone, telegraph, and postage 10, 419. 00 



Dues, trade association l 



Association advertisement and subscription __i __ 



Dollars 

 102, 992. 80 

 71, 148. 67 



Dollars 

 114, 845. 02 

 58, 608. 04 



186. 75 



2, 193. 00 

 20, 995. 50 

 13, 160. 17 

 4, 612. 20 

 6, 210. 57 



5, 462. 96 

 34, 715. 61 

 11,846.73 

 4, 612. 20 

 7, 110. 00 



Total - - 195,490.18 ! 221,312.91 



237, 387. 31 



Dollars 

 215, 063. 29 

 66, 995. 34 



2, 303. 00 



97.99 



313. 71 



26, 301. 06 



10, 607. 56 



19, 818. 22 



341. 500. 17 



1 Receipts from advertising space sold in 1923, 1924, and 1925 amounted to $10,189.49, $17,885.04, and 

 $13,720.53 respectively, the total net operating costs for those years being thereby reduced to $211,123.42, 

 $219,502.27, and $327,779.64. 



Table 54. — Estimated value of the tobacco received by the association, 

 crops and pools, on the basis of the bankers' valuations 



by 



Crop and pool 



Total 

 received 



1922 Pounds 



Sun-cured 3, 580, 093 



Dark>fired „ 26,824,376 



Old belt 89,925,280 



EasternCarolina. 23,228,106 



South Carolina... 20,032,214 



Total 163,590,069 



1923 



Sun-cured | 3,019,950 



Dark-fired 24,149,287 



Old belt 91,490,584 



EasternCarolina. 26,945,141 



South Carolina... 34,532,990 



Total 180,137,952 



Bank- 

 ers' 

 valu- 

 ation i 



Total value Crop and pool 



Total 

 received 



Dollars Dollars 

 11.80 422,502.86 

 15. 56 I 4, 173, 915. 97 

 23.38 21,022,362.14 

 19. 35 4, 495, 059. 95 

 14.73 j 2,950,280.30 



1924 



Sun-cured 



Dark-fired... 



Old belt 



Eastern Carolina 

 South Carolina. _ 





Pounds 

 2. 116, 521 

 20, 226, 469 

 58, 260, 599 

 9, 446, 515 

 13, 791, 196 



Bank- 

 ers' 

 valu- 

 ation i 



33, 064, 121. 22 



Dollars 

 13.60 

 18.46 

 21.26 

 22.25 

 17.87 



Total value 



Dollars 



287, 950. 15 

 3, 733, 788. 44 

 12, 388, 436. 66 

 2, 101, 995. 12 

 2, 464, 885. 88 



Total 103,841,300 



■20, 



056. 25 



12.04 



363, 520. 26 



16.46 



3, 974, 099. 76 



19.41 



17, 755, 039. 45 



17.87 



4, S15, 986. 70 



18.38 



6, 347, 899. 84 



1925 



Sun-cured 1,972, 920 17.28 340,924.55 



Dark-fired I 14,506,240 I 16.16 2,344,051.56 



Old belt. 34,620,088 ' 13.24 4,582,361.89 



Eastern Carolina. 6, 965, 169 I 21. 92 1, 526, 550. 15 



South Carolina... 25,569,257 i 17.16 4,388,902.83 



33, 256, 546. 01 



Total 83,633,674 



13, 182, 79 



1 Per 100 pounds. 



Table 55. — Comparison of quantity of tobacco in hands of association and sales 



by crop years 



Crop year i 



Receipts of 

 tobacco 



Stock at 



beginning 



of crop 



year 



Receipts 

 plus stocks 



Stocks at 



end of ' 



crop year 



Sales 



Percentage 

 of sales to 

 quantity 

 available 



1922-23 



1,000 

 pounds 

 163, 590 

 180, 138 

 103, 841 



1,000 



pounds 







33, 776 



78, 725 



80,729 



1,000 

 pounds 

 163, 590 

 213, 914 

 182, 566 

 164, 363 



1,000 

 pounds 

 33, 776 

 78. 725 

 80, 729 



2 73, 042 



1,000 

 pounds 

 129, 814 

 135, 189 

 101,837 

 91,321 



79.4 



1923-24.. 



63.2 



1924-25 



55.8 



1925-26 



83, 634 



55 6 



Total 





531, 203 









458, 161 



3 86.2 











1 Crop year June 1 to May 31. 



> Appendix Table 14 gives the tobacco inventory at the date of the receivership. 

 'Percentage total association sales were of receipts for the 4 years, to May 31. 192o. 



76534—29 10 



