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Show SALE FORESHADOWS BIG TRUST MERGER NEW' TORK. Tuns 1C A ayndlcnta identified with tha Bankers Trust cova-pany cova-pany will, tn tha near future, purchase U.aoa shares of Mercantile Trust earn- tany stock, now owned by tha Equitable Ife Aeenrenc company, which Is forced by the Annstmns Insurnnr laws to dla-pos dla-pos of Its boMlnira In similar corporations corpora-tions before th expiration of th yar. Tb purrhaelnr eyrvrlioat will pa.y $740 Aer share for tha Mcroantll stock, tha deal Involvlnv about Il0.0oa.ao0, mn4 tke transfer will imply a majority Interest in Mercantile, wboe total stock iasua la 2a.oa shsrea. Tha transaction. which haa bean ap-prwvd ap-prwvd by the Roultabl offlclJs. fore-hadows fore-hadows ths mercer before many months of th Bankers' Trust company aad tba Mercantile Trust company. |