Ask the Scholar

Page 26 of 53
I can add historical knowledge about this page.

Page image

Page 26

OCR

Yahoo! RN 10-Q http://sec.yahoo.com/edgar/latest/m.html employers currently do not permit smoking in the workplace, RJRT cannot predict the effect of any regulations that may be adopted, but incremental restrictions on smokers could have an adverse effect on cigarette sales and RJRT. In July 1996, Massachusetts enacted legislation that would require manufacturers of tobacco products sold in Massachusetts to report yearly, beginning in 1997, the ingredients of each brand sold. RJRT believes that the disclosure of trade secrets required by this law could damage the competitive position of its brands. The statute requires the reporting of nicotine yield ratings in accordance with procedures to be established. Together with other cigarette manufacturers, RJRT has filed suit in the U.S. District Court for the District of Massachusetts seeking to have the statute declared null and void and to restrain Massachusetts officials from enforcing it. A similar suit has been filed by manufacturers of smokeless tobacco products. The Massachusetts district court denied the manufacturers' motion for summary judgment based on preemption grounds, but certified the case for appeal of this issue to the First Circuit which will hear oral argument in June 1997. RJRT is unable to predict the outcome of this litigation. A number of foreign countries have also taken steps to discourage cigarette smoking, to restrict or prohibit cigarette advertising and promotion and to increase taxes on cigarettes. Such restrictions are, in some cases, more onerous than restrictions imposed in the United States. In June 1988, Canada enacted a ban on cigarette advertising, which was struck down on grounds of constitutionality by the Supreme Court of Canada in 1995. A new law of similar impact was recently enacted by the Canadian parliament and became effective immediately. It is being challenged as to constitutionality in a Toronto court. Senators Kennedy and Hatch have introduced legislation into the U.S. Congress expanding Medicaid/Medicare coverage of children. The bill includes an increase of $.43 per pack of cigarettes to finance the expanded coverage and to reduce the federal budget deficit. It is not possible to determine what additional federal, state, local or foreign legislation or regulations relating to smoking or cigarettes will be enacted or to predict any resulting effect thereof on RJRT, Reynolds International or the cigarette industry generally, but such legislation or regulations could have an adverse effect on RJRT, Reynolds International or the cigarette industry generally. For a description of certain litigation affecting RJRT and its affiliates, see Note 3 to the Consolidated Condensed Financial Statements. FOOD The food line of business is conducted through the operating subsidiaries of Nabisco Holdings Corp. ("Nabisco Holdings"). Nabisco Holdings' businesses in the United States are comprised of the Nabisco Biscuit company and the U.S. Foods Group (collectively, the "Domestic Food Group"). The U.S. Foods Group is comprised of the Specialty Products, LifeSavers, Planters, Tablespreads and Food Service companies. Nabisco Holdings' businesses outside the United States are conducted by Nabisco Ltd and Nabisco International, Inc. (collectively, the "International Food Group"). Nabisco Holdings reported net sales of $1.91 billion in the first quarter of 1997, a decrease of 4% from the first quarter 1996 level of $1.99 billion, with the Domestic Food Group down 7% and the 5 of 7 06/25/97 15:51:53

Page data

Page
26
Source index
0
Type
photo
Media ID
398070cc84874d58
Size
unknown

Document data

ID
26413565
Core
doc
Type
document
DTO data
{
    "id": "26413565",
    "sourceUrl": "https://catalog.archives.gov/id/26413565",
    "contentType": "document",
    "title": "Tobacco Industry [1]",
    "citationUrl": "https://catalog.archives.gov/id/26413565",
    "collections": [
        "Records of the Domestic Policy Council (Clinton Administration)",
        "Bruce Reed's Tobacco Files"
    ],
    "iiifBase": "https://s3.amazonaws.com/NARAprodstorage/opastorage/live/65/4135/26413565/content/presidential-libraries/clinton/foia/2011-0299-S-Tobacco/2011-0299-S-Tobacco-JPG/Box_267/42-t-7367462-20110299S-267-010-2015/42_t_7367462_20110299S_267_010_2015_Page_001.JPG",
    "thumbnailUrl": "https://s3.amazonaws.com/NARAprodstorage/opastorage/live/65/4135/26413565/content/presidential-libraries/clinton/foia/2011-0299-S-Tobacco/2011-0299-S-Tobacco-JPG/Box_267/42-t-7367462-20110299S-267-010-2015/42_t_7367462_20110299S_267_010_2015_Page_001.JPG",
    "largeImageUrl": "https://s3.amazonaws.com/NARAprodstorage/opastorage/live/65/4135/26413565/content/presidential-libraries/clinton/foia/2011-0299-S-Tobacco/2011-0299-S-Tobacco-JPG/Box_267/42-t-7367462-20110299S-267-010-2015/42_t_7367462_20110299S_267_010_2015_Page_001.JPG",
    "imageCount": 53,
    "hasImages": true,
    "source": "import",
    "hasTranscription": false
}

Context sent to Scholar

Document identity
{
    "localId": "26413565",
    "label": "Tobacco Industry [1]",
    "core": "doc",
    "dtoType": "document",
    "citationUrl": "https://catalog.archives.gov/id/26413565"
}
Document source metadata
{
    "id": "26413565",
    "sourceUrl": "https://catalog.archives.gov/id/26413565",
    "contentType": "document",
    "title": "Tobacco Industry [1]",
    "citationUrl": "https://catalog.archives.gov/id/26413565",
    "collections": [
        "Records of the Domestic Policy Council (Clinton Administration)",
        "Bruce Reed's Tobacco Files"
    ],
    "iiifBase": "https://s3.amazonaws.com/NARAprodstorage/opastorage/live/65/4135/26413565/content/presidential-libraries/clinton/foia/2011-0299-S-Tobacco/2011-0299-S-Tobacco-JPG/Box_267/42-t-7367462-20110299S-267-010-2015/42_t_7367462_20110299S_267_010_2015_Page_001.JPG",
    "thumbnailUrl": "https://s3.amazonaws.com/NARAprodstorage/opastorage/live/65/4135/26413565/content/presidential-libraries/clinton/foia/2011-0299-S-Tobacco/2011-0299-S-Tobacco-JPG/Box_267/42-t-7367462-20110299S-267-010-2015/42_t_7367462_20110299S_267_010_2015_Page_001.JPG",
    "largeImageUrl": "https://s3.amazonaws.com/NARAprodstorage/opastorage/live/65/4135/26413565/content/presidential-libraries/clinton/foia/2011-0299-S-Tobacco/2011-0299-S-Tobacco-JPG/Box_267/42-t-7367462-20110299S-267-010-2015/42_t_7367462_20110299S_267_010_2015_Page_001.JPG",
    "imageCount": 53,
    "hasImages": true,
    "source": "import",
    "hasTranscription": false
}
Document source extras
{
    "url": "https://catalog.archives.gov/id/26413565",
    "naId": 26413565,
    "levelOfDescription": "fileUnit",
    "otherTitles": [
        "42-t-7367462-20110299S-267-010-2015"
    ],
    "recordType": "description",
    "ocrSource": "nara-archive"
}
Page context
{
    "seq": 26,
    "pageIndex": 0,
    "type": "photo",
    "url": "https://s3.amazonaws.com/NARAprodstorage/opastorage/live/65/4135/26413565/content/presidential-libraries/clinton/foia/2011-0299-S-Tobacco/2011-0299-S-Tobacco-JPG/Box_267/42-t-7367462-20110299S-267-010-2015/42_t_7367462_20110299S_267_010_2015_Page_026.JPG",
    "mediaId": "398070cc84874d58",
    "ocrText": "Yahoo! RN 10-Q\nhttp://sec.yahoo.com/edgar/latest/m.html\nemployers currently do not permit smoking in the workplace, RJRT cannot predict the effect of any\nregulations that may be adopted, but incremental restrictions on smokers could have an adverse effect on\ncigarette sales and\nRJRT.\nIn July 1996, Massachusetts enacted legislation that would require manufacturers of tobacco products\nsold in Massachusetts to report yearly, beginning in 1997, the ingredients of each brand sold. RJRT\nbelieves that the disclosure of trade secrets required by this law could damage the competitive position of\nits brands. The statute requires the reporting of nicotine yield ratings in accordance with procedures to be\nestablished. Together\nwith other cigarette manufacturers, RJRT has filed suit in the U.S. District Court for the District of\nMassachusetts seeking to have the statute declared null and void and to restrain Massachusetts officials\nfrom enforcing it. A similar suit has been filed by manufacturers of smokeless tobacco products. The\nMassachusetts district court denied the manufacturers' motion for summary judgment based on\npreemption grounds, but certified the case for appeal of this issue to the First Circuit which will hear oral\nargument in June 1997. RJRT is unable to predict the outcome of this litigation.\nA number of foreign countries have also taken steps to discourage cigarette smoking, to restrict or\nprohibit cigarette advertising and promotion and to increase taxes on cigarettes. Such restrictions are, in\nsome cases, more onerous than restrictions imposed in the United States. In June 1988, Canada enacted a\nban on cigarette advertising, which was struck down on grounds of constitutionality by the Supreme\nCourt of Canada in 1995. A new law of similar impact was recently enacted by the Canadian parliament\nand became effective immediately. It is being challenged as to constitutionality in a Toronto court.\nSenators Kennedy and Hatch have introduced legislation into the U.S. Congress expanding\nMedicaid/Medicare coverage of children. The bill includes an increase of $.43 per pack of cigarettes to\nfinance the expanded coverage and to reduce the federal budget deficit. It is not possible to determine\nwhat additional federal, state, local or foreign legislation or regulations relating to smoking or cigarettes\nwill be enacted or to predict any resulting effect thereof on RJRT, Reynolds International or the cigarette\nindustry generally, but such legislation or regulations could have an adverse effect on RJRT, Reynolds\nInternational or the cigarette industry generally.\nFor a description of certain litigation affecting RJRT and its affiliates, see Note 3 to the Consolidated\nCondensed Financial Statements.\nFOOD\nThe food line of business is conducted through the operating subsidiaries of Nabisco Holdings Corp.\n(\"Nabisco Holdings\"). Nabisco Holdings' businesses in the United States are comprised of the Nabisco\nBiscuit company and the U.S. Foods Group (collectively, the \"Domestic Food Group\"). The U.S. Foods\nGroup is comprised of the Specialty Products, LifeSavers, Planters, Tablespreads and Food Service\ncompanies. Nabisco Holdings' businesses outside the United States are conducted by Nabisco Ltd and\nNabisco International, Inc. (collectively, the \"International Food Group\").\nNabisco Holdings reported net sales of $1.91 billion in the first quarter of 1997, a decrease of 4% from\nthe first quarter 1996 level of $1.99 billion, with the Domestic Food Group down 7% and the\n5 of 7\n06/25/97 15:51:53"
}