Texaco Buy. Indian Red Gasoline, Havoline Waxfree Lubricating Oil and Pure Parafine Wax are the chief products of Indian Refining Co. whose refinery is at Lawrenceville. Ill. It calls Indiana,
Ohio, Michigan, Illinois and Kentucky "Inside Territory," therein sells 90% of its gasoline. Last week The Texas Corp. (on its tanks not T. C. but T. T. C.) offered 157,200 shares of its stock to acquire Indian Refining. This is an offer of about $6,288,000 against Indian Refining's market value of about $5,028,900.
In St. Paul. Last week the only independent trust company in St....
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