OCR Text |
Show PACIFIC STEEL AND WIRE COMPANY IS ABSORBED Portland, Org., March 2. The Pacific Pa-cific Steel & Wire company has end-ed end-ed its corporate existence and Its property has passed to the American Steel & Wire jcompany. a subsidiary of the United. States Steel corporation. corpora-tion. The consideration of the purchase pur-chase is In the neighborhood of ?2,-000.000. ?2,-000.000. It is said that the plants and offices of tho h Pacific Steel & Wire company will be closed down. The company had had its main offices of-fices at San FVanclsco and Its plants In Oakland. It was capitalized at $1,-000,000. $1,-000,000. i |