Show UNITED HIED STATES SMS STEEL STOCK NOW NOVI LISTED ON THE THEOne FRENCH EXCHANGE One Million Shares the Amount Placed by Morgan MO Co Market Opened to Other Securities I Paris June 2 One million shares constitutes con the amount of f United States Steel common which the syndicate formed format by br Morgan M Co oC ot o Paris in conjunction with th J r gan gnu Co of New ork taa arranged to list on the bourse here The syndicate will deposit with a trust truet company of or New York the tho name of which has not been disclosed this amount of stock against which the I trust company will issue its own certificates certificates cates of deposit The certificates certificate will wili be exchangeable on demand for forstock stock and vice versa and the dividends will be paid by b Mor Morgan Morgan Morgan gan HarJes Co the Credit Lyon anise the Nation ale and the Generale Generate The formula found by the Morgans for the introduction of steel shares on the Paris bourse is I expected to be the American Amerl inva invasion precursor pre of or a regular an alon sion The news of this listing created a fa favorable favorable Impression slon on the bourse here today and demands for participation largely exceeded f ded the amount available New York June t announce announcement ment mont that e oda under un er way to list the common ateek fethe United States Steel J r trading on ona the tb r bourse w ii P Morgan Jr wh e oJ a director dt tor of oC the sW corporation to succeed H H Rogers Roer It Is practically certain that the stock will m be toted listed I ed on the Paris bourse said Mr Mi Morgan It is not possible to give details at present pre ent for they have not hot been settled The bourse bonnie however welcomes welcom s the admission of the steel common and will no doubt make ke rea rca reasonable concessions in Its requite require requirements ments menta The opening of or the Paris bourse to an American corporation stock fe an event of the greatest Importance tb th the finan financiers chore ciers of this country c giving entrance to the rich Investment market of or France for fresh supplies of capital At present there is 18 no stock k of an Ameri Amen American can corporation listed in Paris and two bond issues one of ot the New York New NewHaven NewHaven NewHaven Haven Hartford railroad unit and one of the Pennsylvania railroad are also listed |