Business: Deals: Nov. 11, 1929

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...

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