Word: tobacco
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
When she died in 1960 at the age of 72, Tobacco Heiress Mary Duke Biddle left an estate of $60.6 million to be divided between her family and various charities. Last week in New York's Westchester County Surrogate Court, her lawyers filed papers stating that the fortune has now dwindled by 58%, with $34.6 million going to pay off inheritance taxes, and $1,100,000 for legal and executor fees...
Until recently, an extra six-tenths of an inch was important mostly to carpenters, seamstresses and surgeons. Now, however, that fractional distance has become an $800 million-a-year consideration to the U.S. tobacco industry. Six-tenths of an inch is the difference in length between king-size cigarettes and the 100-mm. size, the hottest new item in the tobacco business. Estimates are that the 100-mms. will get 8% to 10% of the $8 billion cigarette market this year v. only 2% last year, when they were first introduced...
Pall Mall pioneered the popular-price "luxury-length cigarette" in March 1966, and was followed last fall by Benson & Hedges. The two caught on so well that other companies that had been considering the longer cigarettes rushed their brands into distribution. Along with Pall Mall, the American Tobacco Co. brought out Colony in the 100-mm. length; American is now test-marketing Tareyton, Lucky Strike and Fifty Fifty in that size. P. Lorillard Co. introduced 100-mm. Spring and York and is testing its best-selling Kent in the supersize. Liggett & Myers now has menthol L & Ms in the longer...
...instance, he strongly questioned Harvard's million dollar holdings in R. J. Reynolds Tobacco Co. Should the University realize a profit from cigarette companies engaged in "as cynical a game as there is in the world--hooking youths and keeping them hooked?" he asked. In addition Monro pointed out that to those who consider the Vietnam war unjust, the various Harvard investments in companies supplying and "getting rich" on the war could be considered unethical. In this category he lumped University holdings in I.B.M. ($30,715,717, as of June, 1966), Texaco ($26,413,567), General Electric...
...eighth in population (85 million), Brazil represents half of South America's landmass, half of its wealth and half of its people. With potentially more arable land than in all of Europe, it is first in world production of coffee, third in sugar, corn, cocoa and tobacco. Within the vast solitudes of its mountains, rolling plains, winding rivers and lush, tropical rain forests, it contains the world's largest hydroelectric potential, one-seventh of the world's iron-ore reserves, 16% of its timber and an incalculable wealth of gold, silver, diamonds and other minerals and semi...