Salt Lake Telegram | 1934-06-23 | Page 2 | A. S. & R. Exonerated of Law Violation

oA As A. A S. S R. R EXONERATED t OF LAW VIOLATION WASHINGTON June 23 UP UP- UP The federal trade commission today dismissed a complaint against the American Smelting and Refining company charging violation of the Clayton act through alleged tion of st stock in a competing concern The commission charged the com corn panics entered an agreement September September Sep Sep- 30 30 1932 under which the American acquired all capital stock of Federated Metals corporation of ci New Jersey and and Federated Metals corporation of Delaware was then formed It was contended this tended tend tend- ed d to create a monopoly and restrict competition