Richmond daily register. (Richmond, Madison County, Ky.) 1917-1978, 1922-02-06
LARGE PART OF
POOL CROP SOLD
President Jim Stone Says Price
"Very Satisfactory" But
Withkolds Details Now


Lexington. Ky. Feb. o - \
large portion oi the approximate
ly 2OOOC0.OOO pounds Of hurley
tobacco controlled by the Burley
Tobacco Growers Cooperative
Association has been sold at
very satisfactory prices and
prospects are bright for the early
sale OF the remainder James {.
Stone. president and general man
ager. announced Saturday.
Mr.. Stone declined To- state
how much has been sold or At
what prices. saying that he was
mot able To make an intelligent
report" at that time on the guam
tity, prices. or the buyers.
The leaf thus far sold has been
To several buyers. MIR. Stone said,
and much oi it wa, IN winter or
der. We are very optimistic
over prospect, for the sale OF The
entire crop soon. with most al Il
in winter order" Mr.. Stone SAID.
Winter order j. tobacco in loose
leaf form. Sale in winter order
means that the redrying process
Is in the hands OF the buyer
Liggett & Myers a Buyer
Twenty million pounds 90 the
pooled tobacco has been sold Tor
an average oi well between %
and 50 cents a pound to the Lig-
Cc' and MNcrs Company. accord
ing To- we'll found reports Satur-
daV.
Ralph NJ. Barker. director Of
warehouses iur the cooperative
aS>uriatio1. ,a.d Saturday that
the l.iggclt and Myers CoHpan.
wa, one OF the purchasers. bug
declined L" state the amount
bought ur the figure paid.
James Pryor. local manager ior
Liggctt and Myers. declined 10
make q statement with reference
10 the report. which came origin
ally from one of the officials 81.
the pool.
Approximately one million
pounds oi pooled leaf already ha,
been rcdricd By the plants under
contract 10 the association. a.
rording To- "a report oi DIR. :. ~.
HALEY. in charge ui this depart
mcnt. The leaf l. stored y:
hos>hcad, in Lexington ware
hou>c> under control OF ,hc a>,o-
ciation.
Resume Deliveries Monday
Greatly hcarlcucd and cucour-
aged by the advances made to the
growers throughout the burtry
district hy the association. mem
bcr> ui that organization will re-
sumo Monday the delivery %
their crops 10 the receiving plants
80 estimate MAS ObtainaElc ~ To
the amount OF tobacco delivered
since the warehouses opened last
Monday. nor was it possible tp
learn what amount ui money had
been advanced to the growers.
That's what this association
was organized ior.' Mr.. Stone
said. TO Sell tobacco. and we're
selling ii. and are going to sell
still more Of il. The prices we
received for what VIC have sold
have been entirely satisfactory 90
the officials ui the association ana
feel quite sure, will be >atiSiac-
tory Ia the growers who are mem
bcrs 81 the association.
One uf the most remarkable
features connected with the open
ing OF our fuorfS To- receive the
association tobacco has been the
fact that IN almost every instance
the amount paid our members has
been higher than The entire crop
last year. and, that in many in
stances the advance paid to oar
members for a half crop pledged
t. the association has been a
much or nearly as much as the
other hall. not pledged. sold for
ON the independent loose leaf
floors.
The members oi the aSSocia-
tiun are sitting steady in the boat
and they are happy and content
ed with the present situation and
without fear as to ;he future.
agree with Ralph Barker in his
statement that the growers will
never 90 back TO the old system
OF marketing"
Landlords Must Control Crops
There seems TO be some mis-
understanding as to tie meaning
of the statement made recently
that landlords would be presumed
to control the crops grown or
fbafr ian1 in 1922 and fberea fer. -