in the business is reported as 150 millions and 

 the value of the product 200 million dollars 

 annually. The actual consumer pays about 300 

 million dollars for the cigars smoked, the dif- 

 ference between the cost of the product and the 

 latter figure being the expense and profit of the 

 retail handlers. The enormous growth of the 

 cigar trade is seen when it is compared with 

 1860. In that year the annual value of this 

 product was only 9 million dollars. The two 

 states of New York and Pennsylvania are the 

 centers of cigar manufacture. Between them 

 they make nearly half of the entire product, 

 Pennsylvania leading with about two thousand 

 million cigars annually. Florida makes about 

 300 million. The price paid by the consumer 

 works out to an average of about 4c for each 

 cigar. 



98 



