The Mathews journal. (Mathews C.H. [Court House]) 1903-1937, 1912-10-24

DaPratt White. all being resi- her.ts OF
New York.
Statement 70 Public,
In a statement the promoters say. I'm
part:
The consumption Of cigarettes I'm
the United states has been rapidly on
/ the increase-in fact. showing an an
nual increase OF over 100000. 900
cigarettes. IL was. therefore. appar-
ent that there was a field for the or
ganizauon of large cigarette bust
ness entirely disconnected from any
OF the companies which heretofore
made up the American Tobacco Com
i,dny.
Accordingly. number of well
known hnanciers, notably Mr. Daniel
G. Reid and Mr.. Henry G.. Prick and
their associates, who had never in
any way been connected with the to-
Dacco business or any of its branches.
decided 10 enter the fiel0 and to cs
tablish the Tobacco Products Corpo-
ration.
The Tobacco Products Corporation.
with an authorized capital of $50. 900
600, divided into 100000. 600 common
stock and $4,000, 600 preferred stock
has been Incorporated to buiIa up n
large cigarette and tobacco business.
IT viii be the object OF the com
pahN 10 put into the hands of the con-
/ Sumer cigarettes and smoking tobacco
or the kind and quality suitable 20 the
taste and desires of consumers in the
various communities. In order efrcc-
lively 70 do that, the company will en-
ueaNor TO keep constantly in touch
with retailers throughout the conn
Try, 50 as to place IN the hands of
those retailers just exactly the kind
OF goo0s which those retailers know
through their experience with the
consumers, that the consumers wish
The company will seek the advice Of
i. c,dlieIs an over the country, 50 as 10
keep closely in touch with the demands
IN view the organizers OF the conDan[
nave sought and have enlisted the in
was president Of the United Cigar
stores company from the time Of its
Incorporation and who for many years
prior thereto had long and complete
experience as retailer, in catering to
Whelan viii not be an officer nor a di-
rector OF the company, nor viii he be
CONNECTED with it in any official ca
pacity, but he has promised to give to
the company the benefit OF his expert
ence and advice. Several other i'm
portant retailers have already signifed
CneIr WllllnBness to act in a similar
The United cigar Stores Company. Of
Wnlch Mt Whelan has been president.
viii not be in any way afnliated with
ms company. II is expected that the
United Cigar stores Company. as
customer Of this company. will handle
anu sell goods manufactured by this
company, of the kind and character
Sumers in the various localities where
II malnta ms its stores desire to smoke
But me United Cigar stores Company
i,aS AZ the same time impressed upon
those connected with this company that
II Is IT'S intention along the lines OF
business policy, 10 continue to handle
ana sell and TO push with all the VigOr
AZ ITS command cigarettes and tobacco
manutactured and dealt i'm by all manu-
laclurinS concerns suitable for il i'm
ITS business. in meeting the wants and
wishes OF the consumers, and without
regard 10 whether those goods are
bacco Company or LiEgett * Meyers
or the Lorillard Company or Schinasi
Germs now engaged in the tobacco
business, or which may hereafter enter
that field.