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Show BIO POWDER COMBINE NEARING COMPLETION. SAN FRANCISCO. June 11 The negotiations nego-tiations in progress during the last month for the absorption of the four California powder manufacturing companies by the $50,000,000 corporation recently organised under the laws of New Jersey by the Du-ponts Du-ponts of Wilmington, Del., are declared by officers of the local companies to be practically completed. No certificates of stock In the new Kastern company have been Issued to the California stockholders, but the terms by which the plans and good will of local corporations will be transferred have been, for the most part, settled. It is expected tbat within the next fortnight all the California plants will pass into the control of the Dupont company, which has already absorbed the largest Eastern plants. |