Deals

$1 per Day. When railroads use freight cars belonging to other lines, they pay $1 per day. Last week the Boston & Maine purchased 2,000 new box cars, costing $5,000,000, from the Mellons' Standard Steel Car Co. Unique in the deal was the fact that the B. & M. will pay in daily installments of $1 on each car plus 5% on the unpaid balance.

Penney Dairy. Pig-raising was the first, Penney Stores the most profitable, of the business ventures of James Cash Penney. Famed as a livestock breeder, Mr. Penney includes as diversion large scale, scientific farming. Biggest of his farming projects is Foremost Dairy Products, Inc., organized last March, operating in Florida, South Carolina, Alabama, Georgia. Last week the Penney herds expanded westward when Foremost merged with Southwest Dairy Products Co., which serves 120,000 square miles in the states of Texas, Louisiana. Arkansas. Annual sales volume of the new company will exceed $15,000,000.

Cone-Car Corp. Inland towns that have no talking cinema entertainment, nor any river to bring showboats, may soon be seeing and hearing pictures shown in theatre cars operated by Interstate Cone-Car Corp. Besides entertaining ruralists, Cone-Car will give performances on trains en route.

Oberkoks. To E. I. du Pont de Nemours & Co. the Oberkoks Chemical Co. of Berlin last week agreed to give some stock and some cash. In return du Pont will give Oberkoks right to manufacture Duco products in its territory.

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