Deals

Sinclair. Current rumors concerning Harry Ford Sinclair's Sinclair Consolidated Oil Corp. have been: 1) will merge with Prairie Oil & Gas; 2) will merge or become affiliated with the oil interests of its bankers, Bancamerica-Blair Co.; 3) is being bought in the open market by one of the Standard Oil group. Last week to this trio was added another rumor: 4) will acquire Rio Grande Oil Co., producing in Southern California and Texas, operating service stations in these states and New Mexico and Arizona. If Rumor No. 4 is true it will be Sinclair's debut on the California oil scene.

Latin Power. Cienfugeos, Guantanamo, Santa Marta, Manzanillo, Sancti-Spiritus, Curityba, Cordoba--strange and Spanish are these names of Latin-American cities. But familiar and North American is their electric light and power machinery, built by U. S. capital, U. S. engineering. They are among the 643 Mexican, Central American and South American communities (population more than 8.000.000) served by subsidiaries of American & Foreign Power Co., Inc., which is in turn a subsidiary of Sidney Zollicoffer Mitchell's Electric Bond & Share Co.

Last week were added to American & Foreign Power's roster seven more names, the most important being Mendoza, fourth largest city in Argentine. Mendoza, "Gateway to Chile," is the centre.of the famed Western Argentine wine district. Other new American & Foreign Power Co. customers: Mar del Plata, San Pedro. San Nicolas, Junin, Azul, San Luis, all in the Province of Buenos Aires, rich in cattle and crops.

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