Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-05-05
TOBACCO ACREAGE INCREASED.
Southern Farmers Turning From
Cotton to Escape Boil Weevil.

Southern Farmers Turning From
Cotton to Escape Boil Weevil.
BY Associated Press.
Lexington, KY, May 5.-Acreage of
the United States to be devoted this
year to tobacco raising probably will
increase by about 10 per cent over
1919, says a review made public by
the department of markets. Univer-
sity of Kentucky.
Kentucky will change the least in
acreage of any of the great tobacco
producing states" the review re-
cites, while indications are7 that
crop acreage will be increased from
10 to IA per cent in the Carolinas
and Virginia and about 500 per cent
in Georgia, the latter increase mean
ing that farmers of Georgia are taxi
ing to tobacco as a means OF utiliz-
ing areas attacked by the boil weevil
and now unsuitable for cotton"
Concerning the world tobacco sit
uation, the report, which is based on
information from authoritative do
mestic and foreign sources. says for
eign acreage seems to have increased
very little over 1912, but condition
or the crop is greatly improved and
this indicates there should be con-
siderable increase in production.
Reciting that at this time year
ago there were vast quantities held
in the United States, the bulletin de-
clares that this year about equal. II
not greater, stocks are held in the
country. England. Holland and
Scandinavia find themselves with
markets still glutted with tobacco
shipped to them from the United
States from August to December,
1919. at which time the overplus OF
tobacco in the United States was
lifted and moved across the Atlantic.
either for cash or on credit, in or
der to free this country's markets
for the coming selling season.
Therefor" the report says, Euro
pean countries this year apparently
VIII not demand tobacco in as great
quantities as before"
Delving into the probable price of
tobacco for 1920, the report saws.
with acreage now planned and if a
normal yield per acre is produced.
the price of all hurley. except the
highest type of cigaret leaf, should
show marked falling off during the
market season of 1920, and even the
highest quality leaf may suffer from
competition with the Virginia type.
II this Is produced In anywhere near
the quantity Indicated by the acre
age planned
Relative to the dark tobacco attn.
alton, the survey says, "the present
deplorable stagnant market for IL il
resultant of two factors-the pres
ent situation of foreign exchange
and the fact that growers were
either unwilling or unable to mar
ket their tobacco early in the season.
France. however" says the res
port, is likely 10 become !. ;,hesvier
buyer OF American dark tobacco
within the near future, provided that
English exchange rectifies itself he
cause any Improvement in English
exchange is quite likely to be re-
fected IN an improvement in French
exchange rates. This statement does
not apply as strongly IL at, all. to
Italian exchange rates and hence the
situation as to an Italian market is
not encouraging.
1T does not seem reasor.h,.
therefor. to expect n recovery IN
dark tobacco prices until those alb
normal economic conditions are re.
iteVed'" the review concluded.