Mergers

Motors. Motorcar makers last week heard of 3 consolidations, completed or pending: 1) Hupp Motor Car Corp. (possibly controlled by William C. Durant) and Chandler-Cleveland Motors Corp. (possibly controlled by the railroading brothers Van Sweringen), forming a $130,000,000 business; 2) Chrysler Corp. and Commercial Credit Co. (Baltimore), to provide instalment sale systems for Chrysler cars; 3) Humber, Hillman and Commer (British) motor interests, as Humbers, Ltd. Object: competition with U. S. manufacturers. Capital: $8,750,000.

Communications. Following British example (TIME, July 16), Radio France, controlling air communications from France to England and 6 continental countries, is negotiating for a merger with French Cable Co., owning cable systems to the U. S.

Packers. Last week, Frank R. Warton was President of Allied Packers, Inc. (Assets: $21,827,584). Samuel Slotkin was President of the Hygrade Food Products Corp. (Assets: $3,813,499). But a Warton and not a Slotkin will be Chairman of the Board of the Hygrade Corp. Reason: Hygrade last week announced final plans to buy Allied Packers, Inc., carry on a gross business of $70,000,000 yearly. (TIME, Oct. 15).