Mergers

Merging, consolidating, amalgamating last week were:

Temperature, tinfoil. Into the merging pot were thrown two companies making devices to control temperature (Robert Shaw Thermostat Co., Fulton Sylphon Co.). two companies producing tinfoil (U. S. Foil Co., Beechnut Foil Co.). Reynolds Metal Co. emerged.

Banks. Dr. Charles E. Beury, president of Temple University and of the National Bank of North Philadelphia, last week became chairman of the newly-organized Philadelphia Bank and Trust Co. Component parts of the new $23,000,000 bank are: National Bank of North Philadelphia, Oak Lane Trust Co., Queen Lane National Bank, Broad Street National Bank.

De Mille. Selling his own cinema interests, Cecil Blount De Mille, producer (Ten Commandments, King of Kings), merged his spectacular talents with the studios of his rival, Metro-Goldwyn-Mayer.

Frozen Eggs. Into mighty, meatpacking Armour & Co., there strayed last week the H. J. Keith Co. of Boston, dealers in dried and frozen eggs. Also into the Armour fold came a large interest in Amos Bird Co. of Shanghai, Chinese egg product concern. To become a power in the frozen egg market, Armour & Co. paid $2,500,000.