The Wilmington morning star., 1947-10-28
RY JOHN SYKES

.ay have figured on burying
Wallace Weed, nigh money splr-
It of the Wallace Tobacco Mar
.ket, here, today, but they turn
ed out to bolster him up ana
toss him in the air with bull
.lish movement.
Just about everybody, es-
;ecially farmers who were ma
urallv. anxious, were afraid
prices were going to be off on
tobacco. The Holiday" declar-
ed when Britain placed a ban
'op American tobacco importa-
.tions, is to start after sales to-
morrow. Imperial and Export
buyers are completely off the
1arket.
So-o-o-o. it was natural to be
raid of how tobacco would sell
day. 1t was little foolish to
pect there would be much TO-
eco sold at any price
But old Wallace Weed, who's
.ept at the top of all Eastern
North Carolina belt markets all
seasons, showed 'em, he did. He
didn't give the appearance OF
being a spirit right ready to go
.on a holiday, a wakish kind OF
"a holiday.
What happened was that Wal
lace sold 292, 846 pounds of to-
'bacco for $127, 463.25.
That's an average of S43.53
per hundred pounds. And That
average is not apprcciably be-
-low-if it's at all below-the
average for the Eastern belt for
the whole year.
Some of the tobaccos sold to-
day brought prices just as high
as they've brought all season.
There were piles of S36 tobacco
and $62 and many that brought
$3.50.
The market as whole was
Surprisingly strong in the light
of what had been expected be-
cause of the absence of two buy
ling representatives. But tn do
smestic buying boys-American,
.Liggett and Myers, Phillip Nor
iris, Reynolds, P. Lorillard, ct
.cetera,-pitched in hard and
.bullishly to take up the slack
caused by the absentees.
Beulaville Day
Maybe it was because of
lock of fine tobaccos from the
.Beulaville section that kept
prices up Anyway, one row of
the weed made it appear that
."'Beulaville Day" was being OBJ
served today, That section of
..Duplin County is noted for the
fine quality of tobacco it pro-
'duces and Beulaville farmers
brought their tobaccos here in
complete defiance of the un-
settled conditions as of now
and they went back home with
Just about as high a set of ever
ages as has been compiled here
all season.
I kept tab on that row. In it
were tobaccos offered by Muir
.phy Simpson and his son, Avin,
and his brother, Hubert; ]. E.
Williams, G. K. Williams, Mark
Smith, Lee Kennedy, Mrs. Ada
Williams, Arthur Sumner, Mrs.
Matte Bradshaw, and Mrs. L.
j. Albertson.
: All these folks live in the Beu-
-lavile section.
Together they had 80 piles of
tobacco totalling around 5000
pounds. Two of the piles brought
.S62 per hundred, 13 of them
brought $50, all the rest but one
brought from 81 to $50. The
average for whole lot was
-on the happy side of $57.
Then just by way Of proving
that all the good prices weren't
gong to BeulaVllle Tor the day.
Les Frederick, a farmer who
lives near Warsaw, popped up
with 448 pounds that sold for
1868 per hundred. Frederick had
pounds, two of which brought
four other piles, totalling $50
$50 and two $58.
General Average
All these tobaccos were the
Light, high grade smoking to-
-baccos fer which the Wallace
Market is famous and which
have caused the buyers to keep
Wallace Weeds general average
up over the top of all markets