Business & Finance: Deals & Developments

Old War. Ever smoldering is cigaret price-war between large retail organizations. Last August a truce seemed reached when leading 15¢ brands were raised to two-for-25¢ by the rival forces. Last week, however, the war again broke out. United Cigar Stores Co. of America offered for 50¢ two packages of either Camels, Old Golds or Chesterfields plus a package of five Gillette razor blades. The regular price of this combination would be 65¢. Schulte Retail Stores Corp. followed by-reducing the same brands and also offering Lucky Strikes at 11¢ the pack. Wholesale cost to...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!