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“Sailing Close to the Wind”: The Porto Rican–American Tobacco Company, 1912–1939
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Juan José Baldrich
Published: 21 October 2022
... by gaining control of other cigar manufacturers. For some time, the dividends from the new subsidiaries covered its own losses. In 1937, the firm closed its major factory in the Puerta de Tierra barrio of San Juan to go bankrupt two years later. advertising cigar buckeyes cigar makers concentration...