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16 > Image 16 of Annual report. 1924

Part of Kentucky Agricultural Experiment Station

gr;3?s'.' ,- i i 10 Tltniy-Seventh Annual Report. l ticularly the burley type. Trends in production, consumption i and accumulation of stocks, have been studied. Summaries of the information assembled and conclusions drawn therefrom ` g t have been given wide publicity with the purpose of making i l ,. them available to the growers for their use in planning their _ production. The survey of the situation based on statistical i information available shows that the production of burley to- ' . bacco has been extended more rapidly than has the market de- . mand for this type, with the consequence that the stocks on i { hand have become larger than ever before. Wicle dissemina- i tion was given these facts early in the year and the burley 1 growers were repeatedly urgedto revise their planting inten- i f tions for 1924, so that a reduced acreage would be devoted to v { this crop. Estimates show that the burley crop of 1923, amounting to Q. y over 326 million pounds, was the largest crop of burley ever if - . { produced, the next largest being that of 1920, which was esti- ; , mated at about 315 million pounds. The 1923 crop was over L ; i 50 million pounds greater than that of 1922, and over 100 mil- L V " lion pounds larger than the crop of 1921. That the increased production has gone mainly into tl1e stocks on hand and not p ` _ _,. i into consumption is shown by the stocks on hand reported by ` l ._:; hi dealers and manufacturers (including the Burley Tobacco - Growers Cooperative Association). On October 1, 1924, these L; _._ _iq_ stocks totalled over 428 million pounds., compared with stocks i`: of about 342 million pounds on the same date in 1923 and 280 it if million in 1922. The largest total_of these reports for October :_, i 1, previous to 1923, was in 1921 following the large crop of 1920, when 324 million pounds were reported. The consumption data show that the manufacture of cig- arettes has been steadily increasing, while practically no change has taken place in the amount of tobacco and snuff manufactured in the last two or three years. The increasing , popularity of cigarettes has led to the suggestion that this fur- nishes an outlet for large quantities of tobacco leaf. However g only a little over 200 million pounds of leaf were required for Lfjl cigarette manufacture in 1923. When it is remembered that `; .t`\`;;., E. ,'