Business & Finance: Deals & Developments: Jun. 9, 1930

Oil. To the Mellon-controlled Gulf Oil Corp. (world's third largest producers of crude) last week went Paragon Refining Co., refiners and operators of more than 400 filling stations in Michigan and Ohio. In March Paragon announced that it had outlets in excess of production.

Cinema. After many a month of bickering Paramount Publix last week acquired control of Famous Players Canadian Corp., largest Canadian cinema producers. Fox Film Corp. last week announced a $25,000,000 production program, a $5,000,000 program of plant expansion. Radio-Keith-Orpheum bought the Bratter-Pollak theatre circuit (62 New Jersey theatres). Warner...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!