The Archive · 1930

MORE BIG U.S. MERGERS

New York, Mar. 29.

The "Journal of Commerce" states to-day that it understands that directors of the companies concerned are considering the consolidation of the Guarantee Trust and the Bankers Trust of New York.

Stocks of these companies have been advancing steadily upon a basis of these reports.—United Press, New York, Mar. 80.

Plans were announced to-day for a merger of the North American Ca. of California, and its operating subsidiaries, with Pacific Gas Electric, making one of the largest interconnected power systems under single ownership in the United States, The merger la subject to the approval of the California Railroad

Text read from the printed page and cleaned; old type leaves the occasional error.

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