The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1889-12-05
4 TOBACCO TRUST.
COMBINE AMONG CIGARETTE NAN.
! UFACTURERS.

They Agree to Stop Fighting Each
Other, Ignore the Spectator and
Buy their Stock Direct, by Which
they will Control the Price Of
Cutters
A short time ago it was announced
that an agreement had been made be-
tween the leading cigarette manufac-
turers to withdraw their representa-
tives from certain markets and concen-
trate their interests at other points. For |
example: The Dukes recalled their !
buyers from Henderson and elsewhere
and confine their operations to Dur
ham. w. S. Kimball s. Co.. whose
purchasing headquarters are Oxford,
make that exclusively their base of
operation. Allen s. Ginter confine
themselves to Henderson and SO on.
1t was given out at first that the ci-
gazette men had simply agreed among
themselves to stop fighting each other
that is that only one should be rep
resented on any market-and nothing
more was thought of it. But when the
representatives of these several con-
Germs put in an appearance on this and
other markets in the State last week
and began to confer among themselves,
the spectators and order men thought
they s.smelled a good sized mouse"
And when sales commenced and they
were given to understand that if they
bought any more cutters they would do
| SO at their own risk, they not only
sssmelled mousse but actually found
whole nest full. The buyers held off
and cutters dropped in price, but out
side of this grade the bidding was as
spirited and prices ruled as high as
usual. Next day, however, cutters
sold very we'll, and it is claimed that
full prices will be paid even though one
concern does all the buying and that
without any competition on the ware
house floors. AS to that, however, it
remains to be seen.
This agreement has been entered
into for the purpose Of putting down
the price of cutters. There can be no
denying that, or the manufacturers
would not rule out the middle man, be
he Spectator or order buyer; and the
simple fact that only one is left on
each market shows that. With a clear
field and smooth sailing they know they
can get their stock cheaper than when
there is strong competition to combat
against. And as for paying all thai
cutters are worth whether they are
forced (by the middle many to do SO OF
not. that does not stand to reason. Il
:, is but natural that they should want te
get their stock as cheap as possible
and with but one man to say what thu
price of an article shall be it is no
. likely the outside figure will be places
, upon it. The local buyer may be dis
posed to pay good prices always
but as soon as his house sees he is pay
ing too much for stock the word
+ passed and he must act accordingly
This then is the phase of the matter a
it presents itself to us.
Is The combination is composed OF W
~ Duke. Sons & Co., Durham, Allen
:, Ginter, Richmond, w. S. Kimball {
If Co., Rochester, Kinney Bros, an
Is Goodman Bros, New York, the lars
st est cigarette manufacturers in tt
st world, representing millions of dolla
he of capital. That five corporations ca
y form a trust, pool, combine, agreemen
~ whatever you are pleased to term
A. for the purpose of putting down tt
is price of any article, is sad CONNER
10 tary upon the laws of our land. II
C. farmer is robbed and the country
at made to suffer. It is shame and
es outrage, that these men, whose int
ne ests are confined to only five corpor
NJ tons, counting their wealth by t
C. millions though they do, should have
it. in their power to fix the price OF
ke thing to suit their own interests as
k seems they are determined to do in Il
Ill instance.
go 1t remains to be seen whether or 4
~ they will be permitted to carry G
# their designs interrupted or not.
,r. the law, the Farmers Alliance, or a
a other power can defeat this iniquite
ri scheme the trust ought to be bust
lily and knocked higher than a kite, a
Oh that at once.
lp- It is understood that Allen & Gin
cd a were opposed to entering into such
;ta compact and fought it. They were !
ed. litely informed by the other concel
his that it was a case of life and death
est them, they would be crushed If tt
the did not, and must come in to So
NJ themselves. It is creditable to tn
%. OF that this is true and we are glad
~; interests of such fair, just and reaso
on BILE people are to continue in Henders
All The spectators are informed tina
the they do not buy any more cutters
ny, act nicely about the matter their ST.
tin, on hand will be taken at profit.
her if they 90 in and fight the trust Il
will not only have to hold new I
, chases but keep what they have alre
hes. got. This puts them in an awkw
do position and for the: present at Il
as they must keep hands off and t
we things quietly until they can dispos
e is what cutters they have. Mr.. w.
Walker, reporting to the Richm
i'm Tobacconist says:
| have no doubt the manufacturers
INV let the boys out this time at satisfact
Il prices. as very desirable stocks are
in here, but when they do get out | I'll
+ as some will promise not to do SO
al! more.
and
ing
Barnes. Stainback & Co., are exclt
ban handlers in Henderson Of the ce1ehr
the Coon brand collars and cuffs. Equa
), the nv on the market in style ana quaiity, >
are the same time cost less money.
cord .<.>-
~ At Cheatham's drug store you will
,,ttnr the largest stock and best assortmeI