Business & Finance: Deals & Developments

Commodities. Wheat touched 41⅞¢ in Chicago last week, making the 42¢ wheat tariff more than 100% protective. Cotton broke below 6¢ in Manhattan for the first time since late summer. Corn broke to 23⅝¢ lowest since 1897. Race for Richfield. Up a notch last week went the big bidding for possession of Richfield Oil Co. of California, an insolvent company deeply entrenched in the rich Pacific Coast gasoline market. The bidding has been between Harry Ford Sinclair's Consolidated Oil Corp. and Standard Oil Co. of California, with Henry Latham Doherty's Cities Service...

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