Business: Gold Dust & Best Foods

President George K. Morrow of the Gold Dust Corp. telephoned lawyers of John D. Rockefeller last week. Mr. Rockefeller and his friends owned 95,000 shares of American Linseed Co.'s preferred stock, and President Morrow wanted that preferred stock as a good beginning toward buying full control of American Linseed. Later he would deal with Laird, Bissell & Meeds (investment bankers) and others who owned American Linseed common stock.

American Linseed, organized in 1898, has been the leading U. S. manufacturer of linseed oil and its derivatives. Out of flaxseed, which it gets in...