STEEL COMPANIES
HUGE AMERICAN COMBINE..; Precs Association—By Telegraph—Copyright NEW YORK. April, 28! (Received April;?B, 5.5 p,m.) .... • The ' York Y 7 orld atates that,VX4 iei the largest independent. steel.companies ip the. United Slates, ."including the..-,;Midvalb and the Republic Iron and Steel companies/ will shortly form a, combination. .of. an aggregate value of 800.000,000 tol',ooo,'ooo>ooo dollars. The corporation; Will'’ /be' second Only to the United States-Steel Corporation; The movement, > which is due to a desire to reduce the overhead, costs and. to gain greater- efficiency, was begun .previous to the . wax, but, the large profits arising from the war held the, matte)- iii abeyance until the present lean years.—A. and N.Z. Cable. ' , £
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Bibliographic details
Otago Daily Times, Issue 18541, 29 April 1922, Page 10
Word Count
110STEEL COMPANIES Otago Daily Times, Issue 18541, 29 April 1922, Page 10
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