The Consolidated Cigar Corp. last week sold $10,000,000 of ten-year notes. This is the result of its recent purchase of G. H. P. Cigar Co., a purchase which gives Consolidated Cigar "the largest production and sale of high grade cigars [10 cents and higher] in the world." The purchase also added G. H. P.'s El Producto brand to Consolidated Cigar's Dutch Masters, Harvester, El Sidelo, Mozart, Adlon.
The importance of the purchase and the note issue may have made Director August Heckscher seem excited at the recent directors' meeting, which considered these matters....
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