Nearly 3 Million Pounds Tobacco Sold in Record-Breaking Week, Aug. 31, 1925

More Than Half Million Dollars Paid to Growers. . . Local Tobacco Warehousemen Write Checks Amounting to $$534,888.39 for Nearly Three Million Pounds of Golden Weed and Trash—Last Week Largest in History of Market—More Already Sold Than During Entire Season Last Year. . . Average for Everything Including Scrap of $19.61

Lumberton’s auction tobacco market went a notch higher last week in number of pounds sold and average price paid, breaking the high record of the week ending August 21 by nearly 100,000 pounds. The average price per hundred pounds was 25 cents higher than the former week.

Thursday Biggest Day

Figures show that during the week 785,624 pounds were sold on the market for the neat sum of $142,276.26, an average of $18.11 per hundred pounds. The former week the average price of $17.86 per hundred pounds was paid for 698,592 pounds. Thursday again claimed honors for the best day of the week, 167,821 pounds being sold for an average price of $18.44, or the sum of $30,940.76. there was less than a hundred pounds difference in the sales Monday and Tuesday. Monday the sales amounted to 158,178 pounds against 158,232 sold on Tuesday. The average price paid also was close, Monday’s being $18.19 and Tuesday’s $18.82.

Nearly 3 Million Sold

According to these figures the market here has sold since the opening of the season August 1, 2,727,392 pounds, which breaks the record for the market and passes the total amount during the entire season last year. Including checks issued Friday, the local warehousemen have paid to their patrons the sum of $534,888.39, which is also a record breaker. This shows an average for everything including many solid carloads of scrap for $19.16.

From the front page of The Robesonian, Lumberton, N.C., Monday, Aug. 31, 1925

newspapers.digitalnc.org/lccn/sn84026483/1925-08-31/ed-1/seq-1/