Business & Finance: Tin Trust

When U. S. producers feel the need for combination in their industry they proceed warily with one eye on the anti-trust laws. Foreign producers, however, have few inhibitions, not only in combining corporations but in regulating markets, production, prices. Thus last week a group of British and South American tin men formed the British-American Corp. with the avowed purpose of stabilizing the price of tin at £265 a long ton ($1,284). This price would be the equivalent of about 57 1/2 a pound as compared to last week's National Metal Exchange (Manhattan) quotations...

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