The Bourbon news. [volume] (Paris, Ky.) 1895-19??, 1921-12-30
log WAREHOUSES;
in hurley POOL
Association Has Ample Facilities For
Handling 100000 900 Pounds
Of Pooled Tobacco
ALL HOUSES MAY OPEN SOON

4
The $1,000 members of the Burley
Tobacco Growers Cooperative Asso.
citation, through their organization
and it's Board of Directors, now are
In possession and control of one
hundred and six of the warehouses
of the hurley district, giving them
ample facilities for the receiving
and grading of the more than 190,-
900, 900 pounds of tobacco signed up
to the association to be marketed
comparatively, along the line Of the
plan followed by the great Western,
Southern and southwestern Cooper
alive Association.
Those warehouses probably will
cost the hurley growers association
more than $5,000,000 when they
are purchased, as they will be as
soon as arrangements can be made
to take them over. From December
Is they are under lease to the asso-
citation and June Is, 1922, the title
to the properties contracted for,
will pass outright to the association
save in cases where the owner de-
sires only to lease his property. Of
the 100 warehouses now under the
control of the association, all save
three are to be taken over, the three
being leased or sub-leased to the as
ISOLATION. Other warehouses, whose
owners and stockholders have asked
for time to consider the proposition,
will be purchased or leased and it is
not improbable that by the time to-
bacco is received, which will be as
soon as financing plans now under
consideration are completed, 125 out
of about 100 warehouses in the dis
trict will be under the control and
in possession of the hurley co-opera-
tive association of growers.
The growers have been anxious to
learn how their tobacco would be re-
ceived and that question was ans
wered when the board Of directors
the plan of President Jas.
c. Stone to take the tobacco in bas-
kets, as under the old loose leaf sales
system, so that the growers are not
put to the expense Of hognsheads,
the grower receiving an advance of
whatever amount is agreed upon
between the associations officials
and the bankers, who already have
arranged to finance the 1921 crop.
The adoption of the resolution for
bidding any officer or employe Of the
from buying the delivery
receipts given members with their
advance is paid them on their crops,
it was said, will eliminate specula-
ton in the crops of the growers, for
any officer or employe who violates
this rule will be dismissed promptly
from the service of the organization.
Should any employe or official of the
attempt to take ad-
vantage Of the information he may
obtain in an official capacity to
speculate with the crops of the pool
ed growers through their delivery
receipts his connection with the as
ISOLATION promptly will be termin-
ated.
Even if every warehouse in the
district that has not been taken
over by the association should ope-
rate there Is not enough tobacco, in
the opinion of warehousemen, to
furnish work for the warehouse
forces for more than three or four
weeks at the most. It is believed
that the non-pooled crop will all
be sold within the next three or four
weeks at most, as some warehouses
that have been selling, some of
which have been hostile to the bur-
ley pool, have been reduced to the
necessity of holding but two sales
week.
z, Warehousemen whose services are
desired by the association will con-
tinue In charge of the plants taken
over the past week. Tobacco will
be graded on the floors as it is re-
ceived, but nothing has yet been
made public as to meothod Of sale,
save that it will not be by the old
so-called dumping" method, on
which the growers in the past have
blamed all their woes.
Mr.. Charles C. Clark, President of
the Independent Tobacco Ware
house Company. and Mr.. Edward
Burke, President of the Bourbon
Tobacco Warehouse Company, Fri
day signed contracts whereby the
six big modern warehouses belong
ing to- then two campanies. and