Business & Finance: Atomic Build-up

Employes of Phillips Petroleum Co. refer to it as "Phillips Pete." Sharp-eyed Founder Frank Phillips, now chairman, is called "Uncle Frank." Heavy-set President K. S. Adams has been titled "Boots" ever since he went wading in a Kansas City flood. Slight, bespectacled President Thomas B. Hudson of The Polymerization Process Corp., Phillips Pete's favorite offspring, answers to "Tubby." This nicknamed outfit last week registered $25,000,000 in debentures with SEC. Wall Street was sure they would have an easy sale—for in polymerization, Phillips Pete is fathering the latest technique in gasoline manufacture.

Gasoline...

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