Business & Finance: Deal

Tin. ‘Largest British tin smelter is Williams, Harvey & Co., controlled by the Patino Mines and Enterprises, Consolidated (TIME, Dec. 16). Last week Williams, Harvey & Co. joined with three other large British tin smelters in a provisional plan to form the largest tin smelting organization in the world. Behind the consolidation is seen the influence of Patino, the Anglo-Oriental tin interests, and the new Tin Producers’ Association. From this merger which affects about half the world’s tin supply, is expected to come the long-awaited stabilization of tin production and price, one of the purposes of the Tin Producers’ Association.