To the men who know tobacco best, there was plenty of evidence last week that the industry had completely recovered from the cancer scare that toppled sales in 1953-54. Philip Morris reported that first-quarter sales hit $80 million, up 11 % from the same period last year. R. J. Reynolds Tobacco Co. (Camel, Winston, Salem) said that first-quarter earnings this year will be better than the $13,565,000 made in the same period in 1956. The Department of Agriculture gaye solid support to this optimism: it estimated that Americans are smoking 9% more...
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