Word: tobaccos
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Dates: during 1930-1939
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...make gunpowder, had spent a day and a night brewing 1,500 gallons of burgoo.* Every last dipperful was exhausted before the crowd settled down to a program of speechmaking. On the platform, along with many another bigwig, were Carrollton's Ralph Malcolm Barker, president of Barker Tobacco (independent), and President Wood Fitch Axton of Louisville's famed Axton-Fisher Tobacco Co. Inc. (Spuds, Twenty Grand, Old Loyalty, White Mule...
Juicy as the burgoo were the business prospects of each & every tobacco farmer at Carrollton and of thousands of their colleagues throughout the burley belt. When the burley market opens next month they will get an average of 18? to 20? a lb., highest burley price in five years. Reason: a one-third crop reduction under the AAA program. "Crop reduction has transformed a buyers' market into a sellers' market!" cried Secretary Ben Kilgore of the Kentucky Farm Bureau...
...president of the sixth largest tobacco company in the U. S., Wood F. Axton is pre-eminently a buyer of raw tobacco, not a seller. As such, he might be expected to favor low leaf prices. But this far-seeing Kentuckian, who once was a grocery salesman, seized the opportunity to publicize his interest in a square deal for Kentucky tobacco farmers regardless of the consequences to him or his company. From behind a rough-hewn speaker's table in the warehouse he declared: "The leaders of the AAA are honest, earnest men and not politicians....I would urge...
Meanwhile the tobacco boom was making itself evident in other sections. In a survey of 39 tobacco markets in North Carolina, the United Press reported that more than 200,000,000 lb. had been sold in that State up to Oct. 1 at an average price of $27.02 per cwt. Tobacco income was up 35% over last year, was five times greater than in 1931 when the average price was $8.86 per cwt. Tobacco farmers were pouring into North Carolina towns to spend their money on automobiles, zipper jackets, silk dresses. At a Winston-Salem warehouse, where the average price...
...Intent only on supplying existing demand, makers of 10? cigarets have lately been allowing their product to drift. Reasons: 1) rising tobacco prices have necessarily eliminated advertising and sales promotion: 2) most manufacturers did not have sufficient capital to accumulate large supplies of cheap raw tobacco when the price...