Deals & Developments

Oil. To the Mellon-controlled Gulf Oil Corp. (world's third largest producers of crude) last week went Paragon Refining Co., refiners and operators of more than 400 filling stations in Michigan and Ohio. In March Paragon announced that it had outlets in excess of production.

Cinema. After many a month of bickering Paramount Publix last week acquired control of Famous Players Canadian Corp., largest Canadian cinema producers. Fox Film Corp. last week announced a $25,000,000 production program, a $5,000,000 program of plant expansion. Radio-Keith-Orpheum bought the Bratter-Pollak theatre circuit (62 New Jersey theatres). Warner Brothers held a convention at Atlantic City, made many an announcement.

Dowling. Comedian Eddie Dowling (Honeymoon Lane, The Rainbow Man) last week incorporated the Eddie Dowling Amusement Co. (capital stock $1,000,000).

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