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Business Directory. HENRY JOHNSON, Fire, Tornado, Life and Accident Insurance, EDGERTON, T N. "ib o Var'Ofßcel:. Schmellng Block. W. T. POMEROY & CO., Dealers in and packers of Leaf Tobacco, Edgerton, - Wisconsin. O. G. HANSEN. C. H. HANSEN HANSEN BROS.. (Successors to O. G. Hansen) Dealers in Leaf Tobacco, EDGERTON 1 - WIB. ANDREW JENSON & SONS, Packers of and Dealers in Leaf Tobacco, EDGERTON, • WISCONSIN. C. E. SWEENEY, DEALER IN Leaf Tobacco, EDGERTON, - WISCONSIN O. C. L,Ai,E. Dealer in, and Packer of Leaf Tobacco, STOUGHTON, - WISCONSIN. H. R. POMEROY PACKER OF LEAF TOBACCO Commission Business Solicited. GAYS MILLS, - WIS. HEINRICH NEUBERGER EXPORTER Bremen, 145 WAter St. Germany. New York, N. Y. E- ROSENWALD & BRO. SUCCESSOR TO E. Rosenwald & Bro. and I. Bijur & Son, PACKERS OF Leaf Tobacco, 145 Water Street, New York City. S. C. CHAMBERS, DEALER IN AND PACKER OF Leaf Tobacco, MILTON JUNCTION, WIS. PAMPERIN LEAF TOBACCO CO., Packers Exclusively of NORTHERN GROWN Wisconsin Leaf. La Crosse, Wis. Northern Wisconsin Leaf Tobacco Cos. Packers of and Dealers exclusively in Northern Grown Wisconsin Tobacco LaCrosse, Wisconsin. FRED. SCHNAIBEI, (formerly of ruscher & CO.) Tobacco Inspector STORAGE. 149 Water Street. NEW YORK GEO F. McGIFFIN Western Agt. Pnone No. 145. Edg' ton, V ; 'iob&eco TiawV, EDGERTON, WISCONSIN. Capital Stock - $50,000.00 Surplus - $15,000.00 Undivided Profits - - $10,000.00 Officers and Directors: ANDREW JENSON W. S. HEDDLES Pres, and Cashier Vice-President C. G. BIEDERMAN, D. L. BABCOCK, W. A. SHELLEY, Wm. BUSSEY, ALEX WHITE. ALWAYS SMOKE “Mc’s No. 10” CigStr and you will enjoy satisfaction. $35 per M. EDGERTON CIGAR CO m , Edgerton, Wis. CHAS. L. CULTON, LEAF TOBACCO. EDGERTON, WISCONSIN. MaGee’s Improved Tobacco Case. The best case made for the packing of Leaf Tobacco. Sampling done witli one half the labor and expense. Write for delivered prices in car load lots. MaGEE BROS. - - Janesville, Wis. Office and Warehouse adjoining C., M. & St. P. Passenger Station. FRAZIER M. DOL.BE ER. • GEORGE F. SECOR, Special. Original "LINDE” New York Seed Leaf Tobacco Inspection, ESTABLISHED IN 1864. F. C. LINDE, HAMILTON & CO. Tobacco Inspectors, Weighers *25 Warehousemen, Office, 180 Pearl St. New York City. Branches In all of the principal tobacco districts A. H. CLARKE, Special Agent, Edgerton, Wis. Badger ’Phone No. 71 COLSON C. HAMILTON, Formerly of C. E. HAMILTON FRANK P. WISEBURN, F. C. Linde, Hamilton & Cos. LOUIS BUHLE Formerly with F. C. Linde, Hamilton & Cos. C. C. HAMILTON & CO., Tobacco Inpsectors, Warehousemen, Weighers. MalnOffice—B4-85 South Street, New York. THOS. B. EARLE, Agent, Edgerton, Wis. Telephone No, 23 ■ 1 ' S. Be HEDDLES DEALER IN JANESVILLE. WISCONSIN. A r O. 5 SOUTH dDAMS GREENS 7 TOBACCO CO~ Dealers in Leaf Tobacco, Warehouses at Janesville, Milton and Brooklyn, Wis. STORAGE CAPACITY, - 15,000 CASES Janesville, - - Wisconsin. L. B. CARLE & SON, Packers of and Dealers in Wisconsin Leaf Tobacco, Janesville, * - Wisconsin. EDGEETON, WISCONSIN, FRIDAY, NOVEMBER 13, 1908. 3 Per Cent, paid on Savings Deposits A. N. JONES, DEALER IN AND PACKER OF Leaf Tobacco. 118,120, 122 N. Main , and Pease Court, Janesville, - Wisconsin. NOTE BOOK SKETCHES ! Under ordinary business conditions a decline of Dearly 10,000 acres in the cigar : leaf crop recently shedded would have been received with considerable alarm by the trade. But the falling off in the manufacture of cigars during the year has beeo equal to the decline in acreage and the market stands relatively in about the same position. With the re turn to normal business, however, how loDg ought it take to consume the sur plus of old stock and bring the market face to face with a shortage of domestic cigar leaf? How much longer will the dealers in leaf continue to accept losses to rid themselves of high priced stock? These are questions which are now puz zling the trade that has witnessed its capital slowly depleating for the year past. A turn in the tide cannot come too quickly. *** The tobacco industry will be granted a hearing before the Ways and Means committee of congress relating to a re vision of the tariff schedule on the 13tti iost., and it is to be hoped that the trade will be represented in a united opinion that the present schedules are not to be disturbed. The existing duties are about as near satisfactory to the trade in general as could be devised. Busi ness has steadily prospered under them until the late panic, and any change is certaio to unsettle values and create more or less embarrassments for some time to come. Our view of the matter is that it is best to let well enough alone. Changing the tobacco schedules is liable to result very similer to monkeying with a buzz saw. 3k It is nowise probable the big tobacco trust will* have to close up shop on ac count of the recent decision of the New York court that it was operating in vio lation of the anti-trust law. The suit must pass the scrutiny of the supreme court before the late decision will be op erative. Then again there are evidences that*the big corporation has been get ting ready for just such a contingency for some months past. The different subsidiary concerns have been pulled away from the parent company and put under separate operating machinery. We have witnessed in this state the American Tobacco Cos. ceased to do bus iness through the officials of the Ameri can Cigar Cos. last buying season and the Federal Cigar Cos. likewise set up a sep arate buying department and cut loose from the old organization in all their ac countings save that of profit sharing. In this manner of segregating their differ ent departments it looks af if the trust was trying to get away from any entan glement with the Sherman anti-trust law. The receivership asked by the gov ernment in its prosecution was denied. *** The United States circuit court of New York has decided that the Ameri can Tobacco company is operated in vio lation of the Sherman anti-trust law and in restraint of trade. The decision was favorable to the government’s attempt to bring about a dissolution of the cor poration which practically controls the tobacco trade of the world outside of Great Britain. The court found, how ever, that the government’s request for the appointment of a receiver was im practical and wholly unnecessary, and at the same time the four judges agree that the application for an injunction against the various subsidiary companies should be suspended until after a decision or an appeal from the present judgment. The complaint against the Imperial To bacco company and the British-Ameri can company was dismissed. “There can be little doubt the federal stat ute had been violated,” said Judge La combe. “Each one of the purchases of companies complained of in the Detition was a contract and combination in re straint of trade and competition existing when it \yas entered into, and that is sufficient to bring it within the ban of this drastic statute.” In addition to the American Tobacco company the defen dants named in the government’s suit included the Imperial Tobacco company, the British-American Tobacco company, the United Cigar Stores company, and fifty-nine other small corporations. The suit was filed on July 10, 1907, and asked specifically for the appointment of re ceivers for the various defendant com panies. The American Tobacco com pany was formed under the laws of New Jersey in 1904, when the old Americap Tobacco company, the Consolidated com pany and the Continental Tobacco com pany were merged under a single head. Under an agreement reached at that time the parent company acquired the plants, factories, property and trade marks of all the component companies, and in addition to that it now owns a majority of the stock of the American Cigar company and of the common stock of the American Snuff company, the Ha vana Tobacco company and the Ameri can Stogie company. Since January, 1905, regular quarterly dividends at the rate of 6 per cent, a year have been paid on the preferred stock. Extra dividends aggregating 15 per cent, on the common ruon stock have been paid thus far in the presint year. WISCONSIN TOBACCO MARKET. Edgerton, Wis , Nov. 13, 1908. So long as the dry weather continues little need be expected regarding the movement of the new crop. Growers are beginning to fear that winter will close in without the usual rains which permits the crop to be removed for stripping. So far but one brief season of casing weather has come since the harvest and an extended spell of warm damp weather is needed to bring the hanging leaf into condition to be han dled. While a better feeling is reported in eastern markets regarding cured leaf, it is not refleeted much locally. There is quite a little movement from first hands of old leaf when it can be found in a sound condition, but there is so much of it that will not take inspector’s tickets, that ruling prices must be shaded when sales are effected. A 125 cs lot of ’O6 has been purchased by C. F. Mabbett from a Stoughton packer. George Rumrill reports the sale of 142 cs of ’O6 and ’O7 duriDg the week. Other transactions are mainly of small lots among packers. The shipments out of storage reach 1704 cases from this market to all points for the week. New fork. Nbw York, Nov. 7,1908. In the natural course of events busi ness in the leaf market should now be on the upward trend. The disturbing factor of a national election is out of the way and the gratifying outcome of the election aided by the almost unanimous support of the tobacco trade should stimulate activity in the market. Con fidence has undoubtedly been restored in consequence of the overwhelming de feat of the Bryanesque vagaries both political and economic, and the columns of the daily press are crowded already with the gladsome tidings of factories re engaging their full force of workmen and of orders flowing in more freely than they have been for the past year. The leaf trade, however, will hardly be an immediate gainer of this remewed gen eral activity. For on top of the satis factoay settlement of the election the news was flashed out of the immediate steps taken for the inauguration of a re vision of the tariff, which means pri marily, a readjustment of duty rates. This authoritative announcement can not have but a retarding influence on speculative investments at least in the foreign types of leaf by the manufactur ers. As i substantial cut in the duty rate appears to be almost unavoidable, consumers of leaf tobacco will hardly be in the mood to contract for and take out of bond larger quantities than they might be in immediate need of. The tariff revision on which the Ways and Means committee is engaged already will undoubtedly cause a tremendous commotion in the trade, which is bound to last until the tariff question is settled, which is promised for by next July. In the meantime the market will have to content itself with disposing of supplies just as they are needed. But the mar ket is in ao excellent condition to hold out for another six months in doing merely a steady business without spec tacular side flashes Since Tuesday it has felt already the beneficial effects of the result of election and trading in all types of leaf has been quite brisk. In domestic types the tendency is for ad vanced prices. The figures at which the farmers sold this year’s crops were far in advance of those they received last year. Consequently the 1907 crops are compar atively cheap at the prevalent market rate. But the more they are depleted the more likely is the balance to advance in price to a figure coming close to that which this year’s crop will command in the market next fall. —Journal. New York, Nov. 4, 1908 Owing to the fact that election was held this week, and to the interest the trade felt in that event and the parade which took place on last Saturday, very little trading has been done in tobaccos of any sort recently. There has been no visitors to the leaf market, and such sales as have taken place have been of little consequence. The new crop of Florida has been the occasion of consid erable inquiry. Sumatra. —This type has shared in the general dullness of the local market. Havana.—There has been some in quiry in the local market for different types of Havana leaf. Trading has been at a minimum, however. Only a few sales are reported from Cuba for the past week, in spite of the fact that a number of prominent leaf dealers and manufacturers are now there looking over the offerings.—Leaf. LaocMter. Lancaster. Pa., Nov. 3,1908. Little, if any, of the new tobacco, the crop of 1908, is being sold now, the rea son being a hitch on prices between packer and grower. There is little rea son for doubting that a good deal of the crop would already have been sold, in spite of the packers’ declaration that they would not buy until after the crop is stripped, if they could get it at last year’s prices. The growers know, quite as well as the dealers, that the 1906 and 1907 tobacco will soon be disposed of, and the packers must then have the new goods. What has been already sold, probably less than a thousand acres, went at 9 cents and under a pound, but the growers will not even talk the packers who call on them name last year’s prices. They do not want to sell before the tobacco is stripped, and those who have put a price on their holdings name 10,11 and even 12 cents a pound. NTTMBEB 50 CEO. W DOTY. ROY F. WRIGHT. President < Cashier THE First National BANK Edgerton, Wisconsin. THIS BANK . solicits the checking ac counts of firms and indi viduals and extends to all such customers every rea sonable courtesy and fa cility. LORD & McGIFFIN PACKERS OP Leaf Tobacco Richland Center, - Wis. We Buy or Sell for You. Write us today. WM. L. LIGETY, Established 1889. Commission Merchant In LEAF TOBACCO. EXPORT Phone 3750 John IMPORT 160 Water St.. N. Y. Cable Address, “Ligety,” New York. Cable Codes, Western Union and ABO H. T. SWEENEY, PACKER OF Leaf Tobacco. Tobacco Bought and Sold on Commission. Edgerton, - - Wisconsin Campbell-Peterson Tobacco Cos., Dealers in and Packers of Leaf Tobacco, Orfordville, Wisconsin. McGIFFIN & BIRKENMEYER Packers and Dealers in Leaf Tobacco. JANESVILLE, WIS. Many say they surely expect to get even more than the latter tigure. The past week some 1906 tobacco was sold, and a good deal more activity pre vailed among the 1907 goods. There is very little difference in prices, a cent or two a pound, though every now aDd then a choice lot of 1906 goes above 17 cents. The cigar industry appears to have braced up a little, lately, and there was considerably more business.—New Era. Connecticut Valley Tobacco Market. While thejbuying movement can hard ly be said to have regularly set in yet, still there have been some considerable transaction put through recently, the purchases being made on account of a few large houses, at figures reported to be highly satisfactory to the farmers. Most of the buyers have been holding back, but it is expected that now that the election is over the rush will set in immediately. In the meantime the to bacco is rapidly being taken down from the poles and stripped. There has been but little rain, it is true, but heavy fogs have brought the leaf into good case sc that the work of handling has been greatly facilitated. Accounts of the to bacco are universally favorable with the exception of an inconsiderable quantity which is hail cut, and a large portion of which has already been sold, the crop went to the sheds unusually free from damage, while so far the cure has pro gressed without a hitch. It is true there is not so large a proportion of light wrappers as might be desirable, but in texture and quality the crop, as a whole, is said to be above the average. Railways Must Pay for Street Im provements. In the case of the Milwaukee road against the city of Janesville the su preme court holds that railroad com panies are liable for tbe cost of public improvements made along any of their real 99tate not included part of their main line. In Janesvil o the common council ordered sewer assessments against the freight depot *and spur track property of the railway company. The lower court sustained the assessments against all but two of the scrips of land used for spur tracks. The supreme court says that the company was liable for all of the assessments.