Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1951-08-08
ALL MARKETS
AVERAGES
BELOW 1850

The biggest thing that most
people could find wrong with the
Tabor City tobacco market thro.
ugh the first four days selling
time was that there just wasn't
enough tobacco on the warehouse
floors.
Except for opening day when
one local house had a full sale,
not a day since has seen any.
thing resembling even a half
sale and some floors were pitt.
fully absent OF tobacco on Mon.
day. However, there were indica
tons Wednesday that the tobac-
co marketing was picking UP and
some warehousemen foresaw
full sales on Friday. Most tobac.
conists were of the opinion that
it would be next Tuesday before
full sales were in evidence.
Through Tuesday of this week,
the first four days of sales, only
67,344 pounds of tobacco had
been auctioned off in Tabor City
for a total of $17S,933.7S. This is
an exact market average for the
season to date Of $48.71. The av-
erage price figure in Tabor City
is considerably under the aver
age for the season at this stage
last season yet is ahead of the
border belt market average this
season by a cent on the pound.
Some blame for the let down
in price all over the border belt
is due to the exceptionally poor
quality of the tobacco but there
seemed to be many other factors
Some grades were de-
off everywhere by one
to two dollars on the hundred,
that is as compared with the 1850
season.
There was some speculation
that buyers were not permitted
to pay the expected prices for
top grades because of the Office
Of Price Administration threat
to freeze tobacco prices. This
action has not been
taken but is nevertheless believ-
ed by some to be a threat hang
ng in the balance and taking it's
oil from tobacco farmers by
the rise of prices.
There were others who seemed
% think that the failure of the
price to come up to last years
standard was entirely because of
he quality of the crop. Others
;oresee a price rise as more to.
oacco starts rolling on to the
floors and fullSaleS
ire manifest.
At any rate, the entire border
oelt throughout South and North
Carolina was definitely showing
| decrease in average price. AS
/ general rule, farmers have been
with the prices they
lave received but reports from
some markets indicate that there
las been dissatisfaction. There
ire reports that some sales verg.
ID on being halted because of the
failure of buyers to pay expected
prices. No such incident has hap.
oened in Tabor City although it
would be in error to say that all
farmers were completely salts.
lied. Most of them were, however,
and have blamed the poor crop
season for the type tobacco that
has been placed on local floors.
First week of sales on the
North Carolina border belt mar.
kets showed that 7,1S1 1914 pounds
Of the bright leaf was auctioned
off at an average of $47.79 per
one hundred pounds, according
to U. S. Dept. of Agriculture re.
ports.
This official average for all
N. c. markets shows most grades
selling at about the same price
as a year ago with some grades
up one and two dollars on the
hundred. Offerings during the
opening week of sales was con-
siderably poorer than a year ago.
The same government report
said that some better quality
grades were off from one to two
dollars.
The belt average, that is the Of
fetal one from the agriculture
department, was in sharp con-
trast to daily reports from vari.
GUS markets that were printed
during the week.
First weeks sales a year ago
showed a $56.25 average as com
pared with this seasons $47.79.
However. the tobacco quality In
1850 was far better than most Of
the crop offered on the border
belt thus far.