The times. [volume] (Richmond, Va.) 1890-1903, 1891-03-13
CONFINES OF TOBACCO MEN.
The American Tobacco Company Encounters
Opposition.

As the Allen a Ginter cigarette company, OF
this city. and whitlock cheroot works, of this
city. are embraced in the American Tobacco
Company's operations. the following from
Yesterdays New York Sun will be Of interest:
The rumors concerning the formation of
great tobacco trust to embrace all the manu-
facturers Of cigarettes and plug tobacco III
the United States have created much interest
among tobacco men.
The leading cigarette manufacturers, the
Dukes, the Kimballs. Allen d Ginter. and
others. are already united in the American To-
bacco Coingany. aud it is said this company 8
endeavoring 10 buy up the plug manufacturers.
4 short time ago the American Tobacco
COMPANY bought out the National Tobacco
Works. Of Louisville. Ky. This is one Of the
largest plug manufacturing concerns IN the
country. and the purchase gave rise to III
mors that a combination OF the cigarette man.
ufacturers and the plug manufacturers was
forming. OF which the American Tobacco
Company was 10 be the head.
NOTHING IN THEM.
President Duke of the American Tobacco
Company told Sun reporter last week that
there was nothing IN the rumors so lar as MS
company was concerned.
The company thought the plug business
profitable one and was certainly gong INTO
il. he SAID. and the National Tobacco Works
was bought because II seemed u be good
property and was for sale
The American Tobacco Company. he added.
was not a trust. and If It acquired any more
plug factories II would simply buy and pay
for them.
Ii IS said on good authority that the prlc e
paid for the National Tobacco Works was Il,
500 OOO $500. 900 cash and the remainder IN
bonds of the American Tobacco Company.
These bonds pay ten per cent interest. lhe
price is considered very high.
N VIRGINIA.
II is rumored in Danyile Va. that the
American Tobacco Company Is negotiating
for the purchase of one or more factories IN
that CITY. II is also said there that the Whit
lock cheroot factory and Nenable's tobacco
factory are on the point of selling out to the
New York concern.
in Louisville II is rumOred that the flnZer
factory will be the next there 10 sell ont 10
the American Tobacco Company, and that
others will follow
President Duke said yesterday that the
rumOIs seemed 10 be simply a repetition 81
those about which his opinion was quoted III
the sun a week ago, and he dld not uesHe 10
say anything further.
If the American Tobacco Company Is really
endeavOrng to obtain control OF the plug
business it is as yet combining its efforts to the
South and West
The leading plug tobacco manufacturing
companies in this city say they have no knowl-
edge of such a combination, and they are IN
chned 10 ridicule the idea.
The rumOrs are generally accepted ms cor,
rect in the South and West. however, and
counter combinations are forming.
THE OPPOSITION.
In Danvlle. Va. members Of the Farmers
Alliance are endeavorng 10 establish cigar
cite factory in opposition to the New York
combination.
It is said that stock will soon be issued In
Louisville the warehouse men are combining
to protect their interests but the growers are
not in sympathy with them.
II is proposed 10 unite all the warehouses
into one concern, which shall control the
handling of tobacco between the growers and
the manufacturers. ID is 10 be n stock COM
pany Negotiations for its formation were be-
gun last fall but they fell through on account
Of the money panic in New York.
1t is now said that Hon. Albert S. Willis Is
on his way 10 New York to float the bonds Of
the new company.
The warehouse men are endeavorng 10 get
the growers in the Farmers Alliance and the
LabOrers' Union into the combination, hutthe
growers decline TO place themselves, as they
term it. wholly at the mercy of one concern,
which shall fix the price of their product.
So the Farmers Alliance men have started
an opposition warehouse in Louisville, to be
called the Growers warehouse. II IL said all
the necessary money has been raised, and tho
first sale will take place this week.