ANOTHER TRUST

Grey River Argus, 12 April 1928, Page 5

ANOTHER TRUST

IN GRAMOPHONES, LONDON, April 10. There were excised dealings viu gramophone shares on the Stock Exchange, on the report of an impend ing amalgamation of the world s three largest record manufacturing coinpanies. th. Victor Talking Machine Co. of America, the Gramophone Company, and Columbia Gramophone Co. The * * Standard ’ ’ say|s that two of the Columbia Company’s directors ,^ re now in America negotiating. The officials of the last two-named compan ie» say they know nothing of the fusion. The tissued icjapjitaj of the three companies aggregates nearly twelve milions, but lhe present market value is almost thirty millions.