Word: tobacco
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Dates: during 1980-1989
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...works in the attic of a five-story apartment house at Haberlandstrasse, 5, a quiet thoroughfare near Berlin's zoölogical garden. A large iron door, which clangs as it shuts, keeps him in solitude and silence. The room smells of tobacco. He smokes a long-stem briar pipe, into which he tamps tobacco with his thumb. His working tools are paper and pencils on a good-sized table and his books (cheaply bound in paper for the most part) on shelves around the wall. Ornaments are a four-foot telescope and a large terrestrial globe. The grand...
...feels so quintessentially Japanese that Shinoda's opening remarks come as a surprise. She points out (through a translator) that she was not born in Japan at all but in Dairen, Manchuria. Her father had been posted there to manage a tobacco company under the aegis of the occupying Japanese forces, which seized the region from Russia in 1905. She says, "People born in foreign places are very free in their thinking, not restricted." But since her family went back to Japan in 1915, when she was two, she could hardly remember much about a liberated childhood? She answers...
Average prices now range from 72? in tobacco-growing North Carolina to $1.06 in Connecticut, but in New York City smokers can shell out $1.25 a pack. Gone are the days when smokes cost 22? in machines; a quarter bought a pack plus 3? change wrapped in the cellophane...
Industry insiders are split over the future of generics. James W. Johnston, an executive vice president of R.J. Reynolds Tobacco, strongly opposes following Liggett into generics. He and many other cigarette officials believe that the no-names are just a recession phenomenon. Says Johnston: "In my judgment, you've got to have the link between the consumer and an identifiable brand name. I predict that the success of generics will be short-lived." Liggett officials, on the other hand, believe that smokers will stick with their new, lower-cost smokes in better times. Says Dey: "There is still brand...
Despite recent sluggish sales, tobacco executives and cigarette-industry watchers believe the market will pick up as the recovery gathers strength and consumers become accustomed to the higher taxes. Says Horrigan of Reynolds: "We've bottomed out absolutely. We have a lot of strength." Cigarette-industry officials can only hope that Horrigan is not just blowing smoke...