Word: tobacco
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Dates: during 1930-1939
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Since Mid-1929, farm commodity values have dropped 60%. whereas nonagricultural prices have declined only 32%. The prime purpose of the Roosevelt bill was to pull farm prices up to the same level as other prices. Commodities selected for upping: wheat, cotton, corn, hogs, cattle, sheep, rice, tobacco and milk and its products. Picked as a standard to which agricultural prices were to rise to restore their parity with industry was the average pre-War level of 1909-14. Five bushels of wheat then bought a good pair of shoes which today cost nearer twelve. Secretary...
Copper ashtrays inscribed, "H 36," will be given to each member of the class as a souvenir. Cigarettes and tobacco will be on every table. The committee has decided not to supply pipes this year, as satisfactory pipes are too expensive...
...about to drop into the dapper lap of Robert Worth Bingham, 61, wealthy Louisville, Ky. publisher. Born and educated in North Carolina, Mr. Bingham crossed the mountains to Kentucky to seek fame & fortune. He practiced law, served as Mayor of Louisville (1907), sat on the bench, organized long leaf tobacco growers into cooperatives. After his first wife was killed in an automobile accident, he married the widow of Henry Morrison Flagler who made $70,000,000 developing the Florida East Coast. In 1917 she died, leaving Mr. Bingham $5,000,000. The next year he bought the famed Louisville Courier...
Leading oil was (as always) Standard of New Jersey. Liggett & Myers (Chesterfields) had beaten out George Washington Hill's American Tobacco (Lucky Strikes) as the favorite tobacco stock. Kennecott Copper replaced International Nickel as the leading metal. Favorite bank stock was Guaranty Trust, favorite specialty International Business Machines...
...present production rate American Tobacco on Luckies alone will make $46,000,000 less than last year, may earn no more than $3 a share toward its $5 worth of 1933 dividends. Last month American Tobacco gave up its usual $1 extra dividend and last week Mr. Hill, worried by stockholders' suits, renounced for the future the $380,000 he might have had as a management bonus. But what most worried Mr. Hill was 10? cigaret sales. Present estimated annual rate of production gives to two of the ten centers alone 20% of the total, makes the "Big Four...