Tobacco Documents Online

r Y Advertis+•ng' Age, September 2, 1968 Top National Transit Ad Users= 67 ~ Source: Leading National' Advertisers In AA's Aug. 26 issue the transit advertiser tabulation for 1966 was printed instead of the '67 iist. The correct tabulation for 1967 transit advertising expenditures appears below: Ad'verti se r Estimated I Estimated Expenditure Advertiser Expenditure I 1. Schenley Industries .... $568,300 2. P. Lbrillard Co . ............ 542,200~ 3. Wm. Wrigley Jr. Co. .. 457,000 4. General Motors .......... 443,900 5. American Home Products 403,000 6. NationallDistillers & Chemical Corp., ........ 352,500: 7. Renfield Importers ...... 342,300: 8. Liggett & Myers ........ 280i700 9. Rheingold Corp. ........ 264,700~ 10. Pan American World Airways ........ 256,400 11. Btistol-Myers Co. ........ 230,800 12. Distillers Corp.: Seagrams Ltd: .......... 226,700 13. AT&T .......................... 215,600 14. Trans World Airlines .. 203;200 15. Canada Dry Corp. ..... 200,900 16: Publicker Industries .... 193;300 17. Schieffelin 8 Co. ........ 165,700 18: Seven-Up Co . .............. 160,300 19. Ciba Corp . .................. 147,800 20: R:,1. Reynolds ............ 146,600 21. American Tobacco ...... 133,200 22. State of New York ...... 126,100 23. Coco-Cola Co . ............ 122,700 24. Metro-Goldwyn-Mayer 122:100 25. Philip Morris Inc. ........ 117,600 26. Corn Products Co, ...... 114,300' c~12R (~httrlnzf~ (~1~~,p~1~~ CHARLQTTE, N. (1, D: 175,076 SUTr. 202+016 27. Warner.8ros.-Seven Arts Ltd . .................. . $1081800 2& General I Foods Corp. .. 106,700 29. Brown,Forman Distillers Corp. ........ 105,400 30. W. R. Grace & Co. .... 98,000 31. Hills Bros. Coffee ........ 57,300 32. Trans Caribbean Airways Inc . .............. 95,000 33. Columbia Pictures Corp,. 88,700 341 Ford Motor Co. .......... 88,100 35. Household' Finance .... 78,400 36. Kimberly-Clbrk Corp. .. 78,400 37. PepsiCo Inc . ................ 74,700 38. Park Benziger & Co. .. 73,700 39. Ronzoni' Macaroni Co. 72,200 40. Mo n sa nto C o . .............. 72,000 :41 L Ronco Foods ................ 66,000 42. New York Rocing Assn. 64,900 43, National Airlines ........ 64,700 I41. AFL-CIO ...................... 61,100 45. 20th Century,Fox Film Corp . ................ 61,000 46. Procter & Gamble Co. 53,600 47. Kal Kan Foods ............ 52,800 148, American Dairy Assn. .. 50,900 149. P. Ballantine & Sons .. 50,300 ~50. Hiram Walker- Gooderham & Worts 48,000 AU G 2 0 1968 ~ : Philip Morris Makes Bid . For Another British Firm i , NEW YORK - Lf1 - Philip Morris Inc. has announc Directors of Godfrey Phillips i ~- agreemen o acquire Godfrey said m London they regard the ~ A Ph1]]1 E17 0- s L p td a Ldob •,enn toacco firm, for about,;27.5 mlllion. Philip Morris said it has a rYrm agreement" to purchase 839,625 of Godfrey Phillips' 841,625 24+cent par value n and reaaobl'" nae• T hey said ' they tntend to accept in rreapect', to their own holdings and' willi ! strongly recommend o t h e r' holders to do likewise. L mon shares for ;Ii74 a ahare o Last June Philip Morrib about' sL5 million• 1+lade an offer to acquire In addition, Philip Morris Gallaher Ltd., another British I said It plans an offer for the tobacco concern, but finally I, British company'a 1,495,827 withdrew ita bid after Amert. , i2.40-par•value cpmmon shares can Tobacco Co. made a at la* or about ;Za ~ r offer for Ga11a}ier at a Tog~ price. common shares , outatanding 5,337,452, : a•share offer to be "fai' ~ KENTUCKY NEWSCLIP INCORPORATED 311 Evergreen Road MIDDLETOWN, KY. 40243 (Ky. Clipping Service). Kentucky Edition Enquirer CINCINNATI, OHIO Circulation: 194,009 (SuA~~~ ~0'4 ;~68 Financing Notes ;.v~ The Tennessee Valley . Authority, Knoxville, an nounced Monday it will re. ceive competitive bids Aug. .27 at the Federal Reserve Bank of New York on $75 million of 119-day power 'notes. The notes will be ' dated and delivered to the • successful bidders on Aug. ,; 29 and will mature Dec. 26. Bids must be for a mini- • mutn of $1 million. The ;:; 2iotes , will be payable. with- ~' -Qut imterest and bids are to be sumitted on a discount basis Proceeds will be used to rethre a maturing issue of °: $50 million and to provide -$25 million of additional . funds. Philip Morrls, Inc„ has an- : no t to acquire Godfrey Phillips, . hUL, a London tbbacco firm, for about $27.5 million. - Philip Morris said it has a `Yirm agreement'r' to pur- chase 839,625 of Godfrey Phillips' 841-625 24-cent par -value comnlon shares for $1s74 a share or about ;1:5 million. In addition, Philip Mor- ris said It plans an offer for the Britfsh Company's 1; 495,827 $2.40 per.value com- ~ mon shares at;17.40 a share or about $26 million. Total common shares outstanding 18 2,337,452. Control Data, Inc., has reached a preliminary agreement to a c q u i r e! Printed C'i r c u i t s, Inc., MInneapolis: The transac- tion will involve an ex- change of stock. Printed Circuits, Inc.,, is a supplier • '.qf m>,ilti-layer printed cir- :; buit boards to the computer an,d aerospace Industries.