Word: cigar
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Dates: during 1920-1929
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Alfred Emanuel Smith was asked how he wrote "Up to Now," his serial auto-biography currently appearing in the Saturday Evening Post. Answered he: "I dictated it. . . . I'll tell you the secret of concentration. Just get in the front seat of a car. Light a good cigar and ride along looking at your feet. It's a great way to write articles...
...weeks ago United Cigar Co, and Tobacco Products Corp. changed hands (TIME, Aug. 26). The hands into which they passed were those of George Kenan Morrow and his brother Frederick. Since the Morrows were known to be interested in a number of food products, Wall Street began to talk of a new food products combination, perhaps rivaling the recent Morgan merger (Standard Brands). Last week, confirming that guess, four companies ? Toddy Corp. (chocolate malted milk), Edward H. Jacob (canned mushrooms), Kitchen Bouquet (liquid flavoring extracts), Fould Milling (macaroni) ? united in Grocery Store Products Inc., and the name...
Inoperative for three months was the United Stores Corp., formed as a holding company last June to assume control of United Cigars Co., Tobacco Products Corp. (TIME, June 17). Although George K. Morrow and Frederick K. Morrow, heads of the Gold Dust Corp., were then announced as dominant figures in the new holding concern, George J. Whelan, oldtime United Cigar Store tycoon, continued to manage the affairs of the two tobacco companies...
Business men hastened to speculate on reasons for the new combination. Most obvious seemed the desire to bring new financial power into United Cigar Co. and Tobacco Products Corp., whose earnings were depressed as a result of price lowering of popular brand cigarets to compete with price-cutting chain stores. From a high this year of 27 3/8, United Cigar stock had dropped last week to 15 5/8. Likewise Tobacco Products Corp. experienced a drop, from the year's high of 22 5/8 to a closing last week...
Recurring also was the reason advanced that the consolidation would greatly enhance the facilities of Gold Dust Corp., which has been engaged in distributing trademarked food products, soap, washing and scouring powders, shoe polishes, other articles. Natural was the assumption that United Cigar Stores, Whelan Drug Stores, the other Tobacco Products Corp. outlets, which altogether number some 92,000 stores reaching from coast to coast, would (become potent retail points for Gold Dust products...