Word: tobacco
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Dates: during 1930-1939
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...concentration point moves to Detroit, a fortnight later to Buffalo. With the closing weeks of June, the fact that tea is COOLING will be plugged. Year's appropriation: $500,000, scarcely pin money compared with the $9,000,000 that Esty spends annually for R. J. Reynolds Tobacco...
...Tobacco processing taxes were reduced on some grades last autumn, but no cut in cigaret prices followed. While there was talk of a cigaret cut last week, greatest benefit will flow to the tobacco companies, which were never able to pass on the tax in full...
...organic compounds have been synthesized, it is chemical custom to call "organic" any compound, however formed, that contains carbon, since carbon is a notable component of plants and animals. Lately Rockefeller Institute researchers have isolated in the form of crystals a virus which causes a plant disease called tobacco mosaic. The virus seems to consist of a protein molecule with a molecular weight of several million units. In most respects it is not alive; the crystal structure, for example, is typical of inanimate materials such as metal. But when it makes contact with plant tissue, the molecules at once acquire...
...inanimate substances. It has been learned that all that is necessary for the spontaneous generation of certain sugars is sunlight, colored surfaces, water, carbon dioxide, moderate temperatures. Such factors were undoubtedly present on earth a billion years ago. The gap between such naturally generated substances and the half-alive tobacco mosaic virus may be almost no gap at all. Other highlights of the St. Louis meeting...
Immediate business reaction to the death of AAA this week was confusion (see p. 12). Food and tobacco stocks went up with the outlawing of processing taxes and prospective refunds of impounded levies. Since the Supreme Court's decision strengthened the case against the Public Utility Act, power stocks also rose sharply. Shares in farm machinery and mail order companies declined. Cotton spurted, then sagged. Wheat did the same. Sugar broke badly. But allowing for innumerable and inevitable readjustments, the average U. S. businessman hailed the AAA decision as even better news than the death of the Blue Eagle...