The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1922-03-03

The capitalization of the company is
$4,000 The incorporators are E. G.
Tallard, r. E. Crothers and c. C.. Berg,
all of Madison.
The Tobacco Leaf breaks in editor
tally as follows: If Secretary Mellon
were another Moses, who caused pure
sparkling water to gush from a solid
rock by merely tapping thereon with
his staff, the proposition to produce an
additional thirty millions of dollars in
taxes from cigarettes and tobacco for
conversion into the Soldiers Bonus
Fund might be worthy of favorable
consideration. But it is far cry from
Moses to Mellon. The Tobacco Leaf
holds no brief for or against a Soldiers'
Bonus That is popular and national,
not trade question. But We do Wig
orously protest against any plans for
increasing Government revenue from
tobacco when it is perfectly obvious
that the plan would fail of its purpose,
and would achieve, not an increase in
revenue, but only the further demoral-
| ization of an industry which neither the
public nor the Government can very
we'll do without.
***
Not so bad after all. is the verdict
of the u. S. Tobacco Journal looking
| back upon 1921. 1t comments as fol-
lows:
With the exception of cigars, in which
there was recorded decrease of 1928
per cent, the output of tobacco pro-
ducts during the year 1921, as shown by
%h4 1e.I4 NE or
entirely unsatisfactory. An increase
| of 4 40 per cent in small cigars, and of
1897 per cent in cigarettes, with de-
| creases of less than per cent in snuff,
$50 per cent in smoking tobacco and
1856 per cent in large cigarettes. does
not, in view of the adverse financial
and industaial condition of the country,
spell disaster or justify despair In or
der that the exact situation may be ap-
parent for quick reference, we recall
thatithe total cigar production, includ-
ing Manila and Porto Rico, is as fol-
lows 1928, 5O2, OO3, 13l; 1921 1-6, $751;
562, 0W In appraising the situation it
should be borne in mind that the tobac-
co industry depends for it's prosperity
to apeculiar degree upon the prosperity
of general business IN the country
ConaTaercial, industrial and financial af-
fairs were at. fearfully low ebb in the
United States during 1921 Further
more, the industry was going through
the harassment and bedevilment always
attendant upon tariff overhauling. In
view of these facts, the 1921 showing
was an extremely good one.
***
Taking a look at the number of cars
handled in and out of Edgerton during
the month OF February indicates to
what extent tobacco has been moving.
and what part in the large movement
this city is playing as a tobacco center
The tobacco industry in the city has
employed enough people all the time
since the hard times struck the country
to give practically every family in the
city enough work to keep the wolf from
the door. We have felt the pinch, but
tobacco has made it seem light.
The following items of interest are
clipped from the Leaf:
In order to ascertain to what extent
the tobacco interests are holding up the
marketing of the 1921 and other crops
| which remain in the hands of Connecti-
| cut growers, the State Board of Agri-
culture has instructed Secretary Leon
ard ii. Healey to notify every tobacco
arehouse in the state of Connecticut
that on or before February 20 each
| warehouse must furnish complete and
detailed report of all tobacco stored
! within it. In taking this procedure the
board is acting at the request of the
| Connec ticut Valley Tobacco Growers
| association and in accordance with the
authority accorded it by Section 8.
| Chapter $50, of the Public Acts of 1921.
The financial statement of the Cen
eral Cigar Co Inc, showing net after
taxes In 1921 Of So, 113, 900, equivalent,
! after preferred dividends, to S808 a
share on $18, 104, 600 common, though
| below 1920, when net was So, 400, 600, or
$l5. II share, is considered unusually
good, in view of conditions in the cigar
| industry.
Fred B. Griffin, vice president OF the
American Sumatra Tobacco Co., has
purchased the plantation of the Farm
ham Tobacco Corp. at East Windsor
Hills, on his own account The price
paid is said to be approximately $685.
OOO. The property includes about 400
acres, with shed room for about 800
acres of tobacco.
While cigar production decreased about
IS per cent in 1921 under the production
of 1920, it does not say that the con-
sumption decreased to the same extent
The holdover amount of cigars sold in
the past year may bring the consunp-
tlon pretty close to normal. The IN 4
dication is simply this, that the man
ufacturers were disposing of their sur
plus stock and making room for new
goods. In other words. the chances
for consumption of cigar leaf are bet
ter this year than, a year ago.
When the smokers in the cigar leaf
sections of Wisconsin have taken to
the smoking of cigarettes, as is evident
to any observer, they are not giving
he cIO loaf Al.