The Cordova daily times., 1921-01-31

l "S0 oh %''oo per nunHTeu TOT 42U41,- 877 pounds in 1910.
 The price of tobacco reached an average of $12.94 per hundred for 4s,- l7,225 pounds on the local market in 1912 and $12.05 per hundred for 4O,175,o75 in 1913 but dropped again to $8.27 in 1914 when 56,419,215 pounds a record for this market up to that time, were sold over the breaks here. The next year only 35.398. GEO pounds were offered at auction here and brought an average of s1O,53 per hundred.
 With 1915 the upward trend of to- bacco prices started. In 1916 42,216,. 235 pounds sold here for an average of $1S,27 hundred and in 1917, the average price paid for 41,219,910 pounds jumped $10 per hundred to $28.60. Another $10 increase occurred in 1918 when the local warehousemen auctioned 55,S2636O pounds for an average of $3S.39 per hundred.
 The largest amount of tobacco that ever went over the floors of the Lex ington warehouses was marketed in 1919 for the highest price on record, l l 63,649,S65 pounds being sold for an average of $46.17 per 100 pounds.
 Indications of drop in price were foreseen by tobacco men early in 1920 and last July a meeting of growers was held in Lexington to vote on the | proposition to abandon the 1921 crop. It was stated that labor costs were so high that in order to make the crop pay it would be necessary to do something to keep prices at level with those of 1919. It was decid- ed at the July meeting, however, that "cut out" would not be-necessary and the Burley Tobacco Growers As sociation was formed in an endeavor to work out the problems of the grow CTS through cooperative methods. John W. Newman of Versailles was elected head of the organization.
 When the government estimate of the tobacco crop of Kentucky was made public December 1, growers de- clared that it was too high, as the leaf would not weigh more than two thirds of the usual amount This caused postponement of the opening of the market throughout the white Burley, or cigarette tobacco belt, while the growers association and state and federal agricultural depart ment officials took a census of the white Burey crop. This report was given out December 30 and showed production of 236,500 ,000 pounds of the cigarette leaf. Officials of the College of Agriculture, University of Kentucky, and field agents of the United States department of agricul. ture, who had been making a study of the cost of producing and marketing Kentucky tobacco, gave out an esti- mate of s309 per acre as the cost of producing and marketing the 1920 crop. The estimated production per acre was fixed at 858 pounds making the estimated, cost $36 per hundred.
 The Lexington market opened Jan uary 3, and other markets on succeed ing days, the larger ones on January 1. When growers found that prices all over the district were averaging far below what was claimed to be the cost of production and marketing, the "cut out" movement gained renewed impetus with many new advocates. After the closing of the Lexington market on January 4 for a week and similar action on the part of all other larger markets, growers favoring abandonment of the 1921 crop called mass meeting at Lexington to decide vk,N oA1