U. S. Steel. On the day on which its three month option would have expired United States Steel Corp. last week announced that it had purchased Columbia Steel Corp., Los Angeles, whose assets total $38,694,416. For this it paid approximately $46,630,000 in common stock.
Simmons Co. The Simmons Co. (beds) purchased (price unrevealed) the B. F. Huntley Furniture Co. (two factories in Winston-Salem, N. C., lumber factory and mill in South Carolina). Expressing confidence in U. S. prosperity President Zalmon Gilbert Simmons said: ". . . we...
To continue reading:
or
Log-In