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Press and Sun-Bulletin from Binghamton, New York • Page 18
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Press and Sun-Bulletin du lieu suivant : Binghamton, New York • Page 18

Lieu:
Binghamton, New York
Date de parution:
Page:
18
Texte d’article extrait (OCR)

is a a is FREE 18 THE BINGHAMTON PRESS, SATURDAY EVENING, JUNE 2, 1.928. 1927 Banner Year for Big Cigar Plants Output of General Cigar Co. Last Year Largest in Its History 728,000,000 OF SMOKES Total of All Concerns More Than 70,000,000 Over 1926 Figures The General Cigar total output of cigars in 1927 was 000. as compared with 700.000.000 the Fear before, All of the big cigar producing companies had their biggest year in 1927. and their aggregate profits represented a gain of nearly six per cent over 1926.

Centralization of production said to taking place in the industry, resuiting in bringing the bulk of the business to those concerns which have the capital available for machinery and national advertising. The total output of cigars in the United States in 1927 was 820. as compared with about 000.000 the year before. In earning records the General Cigar Co. last year took fifth place among the tobacco concerns, with net of $3,366,136, Concerns with larger earnings included R.

J. Reynolds American Tobacco Liggett Myers, and P. Lorillard. In relation to the net working capital, General Cigar Co. was listed AS sixth, with a total of $19,696,115.

A table showing the cash and inventory positions of the 10 leading tobacco companies of the United States at the end of 1927 gives the General Cigar Co. seventh place in the "cash" column, with and place in the value of Its Inventories, with a figure of 155. The following statistics concerning the financial standing of the General Cigar Co. were published in the Wall Street Journal on May 23: Share earnings, 1926, 1927, cash and investment securities, 1926, 1927, 986; shares of preferred stock, 000: shares of common stock, 570: bonds, working capital, inventories, 699,155. General Manager Ralph 15.

Josephs of the Binghamton plant has been employed by the General Cigar Co. for the last 13 years. During the last two and one-half years he was general manager of the company's plant in Steelton, near Harrisburg, where about 400 workers are employed. Before that general manager of the New York factory for three years. He is married, has one son, and resides at 6 Rotary avenue.

GOB HUMOR She--Did I ever show you where I was tattooed? He--Oh, no! She Well, we can drive around that way. -At 'Em Arizona. General Manager of Factory Ralph E. Josephs, general manager of new General Cigar company factory on Emma street, at his desk. Driving Blunders Are Cause of Fatigue, Warns Harkness eve of resuming Its annual touring experience, a warning is issued by Harry E.

Harkness, secretary of the Binghamton Automobile club, to the effect that much of the fatigue experienced by the average touring driver is due to the expense of energy in overcoming driving blunders that never should have been committed in the first place. "A deluge of evidence is available in substantiation of this point," says Mr. Harkness, "Review of but 2 small part of it, however. will be sufficient to reveal to the average tourist the accuracy of the assertion. "Take the case of the curve in the strange highway, for instance.

A great deal of energy is consumed, needlessly, in the rectifying of driving blunders made at such a point. The blunder, in the main, is in approaching the curve at too high a speed. To overcome it, the driver forced to apply the brakes with great deal of vigor and, at the same time, to put forth a great deal of physical strength to steer the car around safely. There may be literally hundreds of curves in the course of the day's drive and, unless the driver profits by the first few experiences and begins to drive more temperately around them, they will take a heavy toll in energy before he stops for the night. "The hill offers another lustration.

There is a strong temptation to assume that there is no necessity to 40 into second gear for the Scorned Wife Sues Second; Gets $90,000 Successor Denies Alienation, Says Woman's Tales Forced Loveless Union Elizabeth, N. June 2-(Assoclated Press) -Allenation of the affections of John A. Scharwath, presldent of the National Asbestos Manufacturing will cost. Mrs. CatherBrooke Scharwath, his second wife, $90,000 under a verdict found 10 favor of his first wife.

The first wife, Mrs. Katherine Scharwath, had sued for $250,000 the second Mrs. Scharwath, whom the wealthy Jersey City manufacturer married four days after his divorce. Scharwath testified that he affection left to be alienated and age cused his first wife of neglecting him and her home and leaving the dishes for him to wash. When the first Mrs.

Scharwath denied the dish-washing charge on rebuttal, Scharwath rose up in court shouted: "I've washed enough dishes to be a member of the dishwashers' union." The second Mrs. Scharwath, who prior to her marriage had been treasurer of the Asbestos company, denied she had done anything tract the affections of Scharwath. She asserted she had been "forced into a loveless marriage by the of the former Mrs. never have married him," she said, "but for the talk carried on by his first wife and her friends." first Mrs. Scharwath contended she and her husband had lived happily for years until 1922 when her hueband became friendly with Mrs.

Catherine Brooke. They were divorced last year and she received $20.000 in cash, $4,000 a year alimony and some real estate. American Flags Torn from Auto in Montreal Prompts Legion to Act Saranao Lake, June 2-(Associated -Charges that American flags. were torn from a Saranac Lake tourist party's automobile in Montreal and trampled a resident of that city on May' 30 were forwarded today to State Commander William Scholl of the American Legion, at Buffalo, by David Reader, commander of the Legion post here, Reader, In protesting the action, expressed hope that Commander Scholl would take the matter up with Canadian veterans' organizations directly or through the national office of the Legion. Reader's action was based on the story told by Stanley Gowan and Edward Lewis, of this city, on their return from Montreal.

BABOONS LIVE IN GROUPS Baboons live in large groups a9 (protection against their numerous The Above Picture Shows a Section of the Roofing and Metal Work Applied by Sullivan Bros. Lent on the Roof of the New General Cigar Factory The sides of the skylight are covered with asbestos shingle, flashing and trim of 16-ounce copper. roofing is composed of two layers of felt and pitch two The inches of cork and a 5-ply slag roof. We are proud to have been selected to apply the roofing and metal work and extend congratulations to the General Cigar Company on the completion of the fine new model building. Sullivan Bros.

Lent 8 Riley Place Phone 4927-J Pratt Lumber Co. INCORPORATED furnished Binghamton Common Brick Binghamton Face Brick Portland Cement and all other Mason Supplies Used in the Construction of the New Plant of the General Cigar Company With the entire nation on the descent, in spite of the warning sign. Yielding to the impulse means that the roll of the car must be stopped with the brakes -another expense of strength. at high speeds up to the point where it is obvious in advance That a stop must be made is another blunder that tends to leave the driver exhausted at the end of the day. "Still other illustrations might be cited, but these should establish the fact that the commission of driving blunders is particularly designed to create fatigue." Immigrant 3 Years Ago Valedictorian of Class New York, June 2 (Associated Press) An immigrant three and one-half years ago from Germany, Miss Edith Hocke, 18 years old, has been chosen valedictorian of the graduating class of Elmhurst, Long Island, High school.

She completed the course in two and one-half years although she could four a not speak English when she came to this country. OWES LIFE TO HORSE Fred Sevita, lonely homesteader in Oregon, owes his life to his horse. Injured, he wrote a note, tied to the animal's neck and set him loose. The horse located two lumberjacks two days later and led them to his master's cabin. The Large Plant of M.

E. Lewis--Heating Contractor The Heating System in the new factory of the General Cigar Company was completely installed by us. We extend our congratulations to the management of the General Cigar Company on the completion of the splendid new building and wish you every success. VI. E.

LEWIS Heating Contractor Estimates on Every Type of Heating Equipment 1 State Street- -Corner of Susquehanna Street- 2467.

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Années disponibles:
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