Monday, Jan. 15, 1951
Light Up
In the highly competitive cigarette industry, there were some significant changes in the standing of the leaders While domestic consumption in 1950 rose to a record total of 361.3 billion cigarettes, not all companies shared in the increase. Last week Printers' Ink reported the new box score:
First, Camel (R. J. Reynolds), up .5% to 98.5 billion.
Second, Lucky Strike (American Tobacco) down 9.7% to 82.5 billion.
Third, Chesterfield (Liggett & Myers), down 2.2% to 66 billion.
Fourth, Philip Morris (Philip Morris), up 19.5% to 40.4 billion.
Fifth, Pall Mall, put out by a subsidiary of American Tobacco. Pall Mall made the most spectacular gain, boosting sales 38.2% to 23.5 billion cigarettes, thereby pushing Old Gold (P. Lorillard) out of fifth place.
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