[Newspaper]
Publication: The Wall Street Journal
New York, NY, United States
OWENS-ILLINOIS GLASS
Applies to List 22,827 Additional Shares
Common on Stock Exchange
Owens-Illinois Glass Co. has made application to the New York Stock Exchange to list 22,827 additional shares of common stock, par $25, to be used in part payment of the O'Neill Machine Co. and the Hemingray Glass Co.
The assets of the O'Neill Machine Co. were acquired by Owens-Illinois recently by the payment of 5,000 common shares of Owens-Illinois, $100,000 cash and $200,000 par value of 10-year 5% sinking fund Owens-Illinois gold debentures.
For the assets of the Hemingray Glass Co. Owens Illinois is to pay on or before June 29, 1933, 17,827 Owens-Illinois common shares and $177,000 in cash. Owens-Illinois also assumes certain liabilities of the Hemingray Glass Co.