Notes

The Bethlehem Steel Corporation announced that all details of the purchase of Midvale and Cambria Steel have been completed. William E. Corey, formerly of the Midvale Steel and Ordnance Company, and Percy A. Rockefeller were elected to the Board, of which Charles M. Schwab is Chairman. A. C. Dinkey will be President.

An issue of $19,900,000 of external loan 30-year non-callable 6% gold debenture bonds of the Oriental Development Company, which are guaranteed as to principal and interest by the Japanese Government, is made by a nation-wide banking syndicate headed by the National City Company.

Consolidation of Armour & Co. and Morris & Co. into a $550,000,000 packing house concern was formally accomplished.