More Mergers

Hamilton Watch. For years President Charles F. Miller of the Hamilton Watch Co., Lancaster, Pa., was in that position, at once pleasant and irritating, of having greater demand for his products than he had facilities to supply. Last week he was in the totally pleasant position of having ample supply and ample demand, for he had completed the purchase, for approximately $5.000,000, of the Illinois Watch Co., Springfield, Ill. Much of the Illinois Watch shares come from the Bunn family of Springfield, descendants of Abraham Lincoln's good friends & political supporters.

Canadian Milk. Directors of the Ottawa Dairy Co. Ltd. formally approved the merger of their company with the Borden Farm Products Co. of Montreal, which is a subsidiary of the Borden Co. The latter interests in turn control the Borden Farm Products Co. in the U. S., and last week they incorporated at Dover, N. J., another corporation--the Borden Milk Products Co. Inc., for $50,000,000. The newest Borden company presumably will act as holding company for the Reid Ice Cream Co. and J. M. Horton Ice Cream Corp., which the ensemble recently purchased.