Up Cigarets

To advertising copywriters, every brand of cigaret is peculiar, unique—or at least different from every other brand. But for 20 years no major brand has differed from the others in wholesale price. Last week, as cigaret manufacturers raised their wholesale prices ½¢ a pack, the R. J. Reynolds Tobacco Co. stepped slightly out of line. Lucky Strike, Philip Morris, Old Gold, and Chesterfield went up to $6.50-a-thousand (after trade discounts). Reynolds put Camels up just short of this —$6.48 a thousand.

Wholesalers will profit by the difference. But cigaret smokers will pay 1¢ a pack more for all major brands (last week's ½¢ raise, along with a six-months-old ½¢ raise which retailers have been absorbing). Cigaret makers did not seem worried lest the price boost seriously cut sales further; they are already well down from their wartime peak.

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Secretary of State HILLARY CLINTON, responding to NATO pledging an additional 7,000 troops to the war in Afghanistan. Clinton also acknowledged that "our people are weary of war" and cited President Obama's pledge to begin withdrawing U.S. forces in July 2011
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Quotes of the Day »

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Secretary of State HILLARY CLINTON, responding to NATO pledging an additional 7,000 troops to the war in Afghanistan. Clinton also acknowledged that "our people are weary of war" and cited President Obama's pledge to begin withdrawing U.S. forces in July 2011