Show I r Wall Street Briefs 1 o 0 I NEW YORK YORI Oct 51 n AP AP-A AP A merger of V. V Inc of or NewYork New r-ew York American Druggists Drug gl ts syndicate of Ix Long ns Island bland City and Corporation of or America under the na name nam of or Sales corporation has been prO proposed pro to stockholders of the companies It was learned to to- day The companies are axe engaged In the the- sale and manufacture of dru drug drus nn and toilet tollet preparations The new company will have an anI authorized ed capital of or hares shares I of ot 7 l per per cent cumulative pr preferred forred and shares of par no-par com corn cornmon common common mon stock Assets will be approximately ron app m tely David A. A Schulte Schulte- president of the Schulte Retail Ret Stores COrp corporation is president of th the American Drug- Drug and a adr director tor of Stockholders of ot tire tbs American L Druggists will 1111 meet December De-cember 10 I to vote or on 01 the proposals while whilo 1 meet December December De Do- cember 11 Directors of Beechnut Packing company of Canajoharie N. N Y L have I declared an sd extra ext dividend of o 6 GO 60 I Cents centa on the common common common- stock payable December 10 to stockholders of oC record record rec roe ord November 24 2 With the January 10 payment the company announces the common stock will be placed on ona ona a 3 3 annual basis against asat as 83 asat at J present Heavy smelting smelling steel scrap has bas been advanced 60 SQ cents in price Inthe Inthe in inthe the Chicago territory to 1450 and arid UG 15 Two classes of stock of or the newly formed National Service Ser companies claimed to to be the third largest Ice concern in too country are to bo offered The company was created through a a. merger of ot a Westchester N. N T Y Yand and II several al New England Ice lee companies The offering consists of oC 3 u convertible participating preferred pre pre- erred stock and common shares hu-es Jn irs units of one share of preferred and andone andone one ope of common at 50 a a a. unit Toe The Western Electric company Isto is isto to erect a a. a te telephone one cable coble and wire plant at Baltimore The first unit employing 1500 vU be completed eted by the end eRd o of 1929 The Th Swedish Match company has hs' signed an agreement with the Yugoslavia Yugoslavia Yugo Yuo- slavia slam government giving the company com company corn com pany sole right to manufacture and sell matches in Yugoslavia for tor thirty year years The agreement provides provide for fora a a. loan to Yugoslavia of at 6 per er cent interest Speyer Co has hae purchased nearly in gold in England it was announced today This purchase pur- pur pur chase brings the total gold imports to more than since the gold movement again turned toward the United States this fall r |