davidaulloa/AmericanStories huggingface dataset:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
NEW YORK STOCK MARKET.
seatures Of the Days Dealings in Al
the Leading Stocks.

New York. Feb iS.-The sharp decline
IN stocks of yesterday was followed, in
the natural course of events i'm the mar
ket by a temporary upturn, today. owing
chiefly to covering of short interests and
that the rise was accompanied by no
growth iof confidence such as would slim
ulate trading for the long account. Even
the news that the threatened strike of
railway iiremen had been averted pro-
duced no great effect, and after moderate
gains had been established among the
standard stocks, the market slid off slow
ly, In the last hour active selling was re-
sumed and stocks declined sharply. At
the close the leaders had sustained net
losses running up to two points in Read
ing.
The course of prices was disappointing
to traders, who had looked upon the dis
pute between the Eastern railways and
their firemen as large factor in weak
ening the market. The failure of the
market to make greater response to
this influence was attributed to the re-
manning uncertainties of the general Sit
uation, such as the crisis i'm Mexico and
the European political situation. For
some time, the war in the Balkans was
almost lost sight of, but recent intima-
tions of greater tension between Russia
and Austria have reawakened apprehen-
tions.
The rather violent selling movement OF
the last hour was linked with dsquieting
rumors concerning j. +. Morgans state
of health.
Weakness of some of the specialties
while the standard stocks were gaining
ground helped to undermine the market
Goodrich common and preferred were es-
pecially weak, the common having lost
II points in the last two days. During the
afternoon decline the Hill stocks were
sold heavily, as We're Reading and South
ern Pacific, the latter touching new
low price for the movement of 100 Ia
Bonds were heavy after showing some
firmness in spots. Total sales, par value,
s2,647, 600. United States rs coupon de-
clned is and As coupon Ia on call.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19

The committee on Agriculture will give
a public hearing In the Financial Affairs
Room. No. lis Uourth floor), State House,
Augusta on
WEDNESDAY, FEB. t.. at 9 T.. NJ
No. H-An Act regula ting the sale of
paint. pant oil and turpentine.
No H. Resolve in favor of Maine Wcs-
leyan Seminary and Woman's College.
No. ~. An hct amending Section of
Chapter Is of tie Public Laws of 1907. de-
filming the limits within which a munich
patty shall destroy dangerous insects
No. q, An Act to amend Section 3 of
Chapter 60 of the Revised Statutes relat-
ing to the Department of Agriculture
No %. An Act to improve the cattle
industry and to increase the number of
cattle Ia the state.
No. ~ An Act to amend Sections 3 and
1907 as amended by Chapter "A of the
Public Laws of 1909 aud Chapters 81 and
l76 of the Public Laws of 1911, relating to
the protection of trees and shrubs from
dangerous insects and diseases.
No, Is. An Act to amend Section T.
Chapter 10 of the Public Laws of 1907 as
amended by Chapter "A of the Public
Laws of 1909 aud Chapter 81 oil the Pub
lie Laws of 1911. relating to the protec-
ton of trees and shrubs from the intro
ducton and ravages of dangerous in
sects and diseases.
WEDNESDAY, FEB, &c, at z. NJ
No Il, An Act to amend Section . of
Chapter 1876 of the Public Laws of 1911.
relative to the Importation of horses into
the state of Maine
No % Resolve in favor of Kennebec
County Agricultural Society
No a. Resolve in favor of the Stock
Breeding Associations
No &C. Resolve in favor of Herbert w
Cutting of Phippsburg.
No. z. An Act to amend Sections ., .. 4.
B. 6 aud of Chapter II of the Public Laws
of 1905, regulating the practices of Veter-
mary Surgery, Medicine and Dentistry.
No. 2S Resolve in favor of the Bureau
of Horticulture
No. 20 Resolve in favor OF the Bureau
of Horticulture.
CHARLES NJ. CoNANT, Chairman
OTIS NJ. RICHARDSON, Secretary.
LOUIS o. HASKELL, Clerk.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
EDUCATION.
The Committee on Education will give
public hearings in their room at the state
House as follows:

The Committee on Education will give
public hearings in their room at the state
House as follows:
WEDNESDAY. FEB. 10. at r. NJ.
No. 80 Resolve in favor of the Western
State Normal School at tiorham for the
purchase or acquiring of land.
No. 40 An Act authorizing the trus-
tees of the Western state Normal School
to take land for school purposes.
No AZ. Resolve to aid in repairs to
Mattanawcook Academy.
No. AZ. An Act to incorporate the Trus-
tees of Greeley Institute.
No. "A. Resolve in favor of Greeley IN
Stitute.
No. 16. An Act TO provide for the State
certi6cation of all teachers of public
schools. (Reassigned1
THURSDAY. FEB 20, at 2 p. NJ.
No. q. Resolve i'll favor of North Var
mouth Academy.
No. %. An Act to exempt certain school
property from taxation.
No so. Resolve in favor of Geo. IL.
Wilbur & Son, contractors, of Bangor,
Maine.
No. 81. Resolve in aid of a building at
Van Buren, College
No. 50. An Act to amend Section S. of
Chapter Is of the Revised Statutes as
amended. relating to school holidays
WILLIS A. KICKER, Secretary.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
APPROPRIATIONS AND FlNAN.
CIAL AFFAIRS.

The Commute on Appropriations and
Financial Affairs will give a hearing in
the Senate Chamber In the State House
at Augusta on
WEDNESDAY, FEB. 10, 1918. at 2 Z. M
A Resolve in favor of Greenville Young
Mems Christian Association.
Resolve in favor of Directions and
Forms for Criminal Procedure.
A Resolve in favor of Indexing Legisla-
tive Records.
a Resolve in favor of Information In
Regard to Wild Lands for the Purposes
of Taxation.
A Resolve in favor of Commission on
Enlargement of State House.
A Resolve in favor of Peoples Ferry
Company, Bath.
A Resolve in favor of Knox County
General Hospital Rockland.
ROY l.. MARSTON, Sec.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
Chicago Produce Market.

Chicago, Feb. Is
Attempts, today. 10 get up a Hesslan
fly scare in the wheat market here, fell
nat. Closing prices were weak, to i I'M
der last night Corn finished 10. to Z
down and oats varying from off to
shade advance. The outcome in pro-
visions was unchanged to u higher.
WHEAT-May 81; July 81; Sept. 90a.
CORN-May 81; July 531Gs; Sept. 54s.
a..
PORK-May 1885; July 1875
@75.
RIBS-May 1855: July 1856: Sept 1860.
BuTTER-Firm; creamery % to 354351
EGGS-Weak: receipts 9240 cases; at
market, cases included. 17Gp1S refrigerator
firsts 1914; firsts 17a.
POTATOES-Weak receipts So cars;
Michigan 45Q4S; Wisconsin 46Gr4S; Mime
sofa 46n4S
RYE-No 2 62a
BARLEY-47aM7l.
ACKNOWLEDGEMENTS
CLOVER-120 0G195O
PORk-1935dl990
LARD-1O55
RIBS-9s7an1072a
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
MERCANTILE AFFAIRS AND IN
SuRANCE

The Committee on Mercantile Affairs
aud Insurance will give public hearings
at the State House, Augusta. as follows:
TUESDAY, FEE - l91:i
An Act additional to Sections 96. 81 and
9S of Chapter az of the Revised statutes.
relating to the qualification of Insurance
agents and brokers
An Act relating to the inspection OF
buildings.
An Act prohibitiug rebating, discrimina-
ton, twisting and embez2lement by agents
of insurance companies.
An Act amending Section 81 Chapter
2S of the Revised Statutes. relating to
the protection of life in buildings used
for public purposes
An Act to incorporate the State OF
Maine Fire Insurance Company.
w. y PRICE, Secretary,
MORGAN ]. FLAHERTY, Cerk
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
RAILROADS AND EXPRESSES.

The Committee on Railroads and Elk
presses will give public hearing In Its
room at the State House in Augusta,
TUESDAY. FEE. %. at 80 p. NJ.
10. Communication from Frank l.. Rob-
inson in regard to causing woods and
bushes to be cut from railroad rights OF
way at danger points.
16 An Act to amend Section W and
Section 81 of Chapter 81 of the Revised
Statutes. relating to provisions for safety
in the management and operation OF
steam railroads.
q. An Act to incorporate the York and
Oxford Railroad.
q An Act to incorporate tile Liver
more and Augusta Street Railway.
~ An Act to regulate the size and
construction of caboose cars.
TUESDAY MARCH 4. at 80 p. NJ.
%. An Act to amend Section 80 of Chap.
ter 81 of the Revised Statutes as amended
by Chapter III of the Public Laws of 1905
as amended by Chapter 20 of the Public
Laws of 1901 relating to Railroad Branch
Tracks.
26 An Act regulating hours of employ.
ment and relating to conductors and mo-
tormen.
% Resolve to determine and estab-
fish the liability of the Portland an6
Rochester Railroad Company, its lessees
and successors in interest. for the future
repair and maintenance of Horne's
Bridge. so-called. with approaches there
to, in the town of Lebanon in the county
of York.
w. e. SWIFT, Secretary.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
BANKS AND BANKING.

The Committee on Banks and Banking
will give a public hearing in its room at
the State House in Augusta,
WEDNESDAY. FEB. 10. at P. NJ.
s. An Act to amend Section 25. Chapter
As, r. s, relating to Investment of de-
posits in Savings Banks and Institutions
for Savings
{? An Act to Amend Section - of Chap
ter IS of the Revised Statutes of Maine,
relating to lost Bank Deposit Books.
10. An Act to regulate the election of
directors and officers of Savings Banks
and Trust Companies.
IL. An Act to punish prerogatory state
ments affecting banks
~. An Act to restrict and regulate pri-
yate banking.
e. T. NEwBERT, Secretary.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
TOWNS.

The Committee on Towns will give a
public hearing in its room at the State
House in Augusta,
TUESDAY, FEB. IS. at . +. NJ.
An Act to set off part of the town OF
Dyer Brook and annex the same to town
of Island Falls.
An Act to incorporate the Conner plan
tation
Der eight in the county of Hancock.
An Act to authorize "A union OF towns
in maintaining town farms.
An Act to set off from the town of Ma
son certain lots and annex them to the
town of Bethel.
Z. E. BRAGDON. Secretary.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
COMMITTEE HEARINGS.
PUBLIC UTILITIES.
PUBLIC NOTICE OF THE JOINT
UTILITIES COMMITTEE.

The next and final public meeting OF
the Joint Committee on Public Utili-
ties, will be held in the Senate Cham
Der,
THURSDAY EVE. FEB. 20. at $50
This will be the last and only meet
Ing of this Committee open to the
public. Anyone desiring to present
their ideas of a bill to this committee,
must do it on this occasion, as there
will be no private hearings OF the
Committee or Subcommittee
JOHN n. DJJNTON, Sec.
CHARLES. P. CONNERS, Sec.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
INLAND FISHERIES AND GAME.

The Committee on Inland Fisheries and
Game viii give a pubic hearing in its
room at the State House In Augusta
WEDNESDAY, FEB. 10, 1919. at 2. T. NJ.
No. Is. An Act to provide for close
time on bull moose.
No %. An Act repeating Chap 1853 of
the Public Laws of 1911, entitled IAN Act
to prohibit the use of Gang Hooks. So
called, when fishing In the inland waters
of this State"
Petition of Thos. r. Moody and IS 9th
ers, asking TO repeal Chap. l53 of Public
Laws of 1871 entitled IAN Act 10 pro-
hibit the use of Gang Hooks"
No. Is. Petitions of g. A. Judkins and
four others of kineo, +. L. Gardner and
q others of Auburn and lewiston. III. Il.
Capen and y others of Augusta, and r..
r. Parks and A others of Newport and
vicinity, asking that so much of the Fish
and Game laws as prohibits the shipment
by one person of more than one box OF
fish once In 20 days. without accompany
ing the same, be repealed. and that the
provisions of law previously In force re-
lating to such shipments be re-enacted.
No. II. Petition of II g. Benson and ~
others. asking that law be enacted
making it unlawful for any person in
one day TO catclr more than rs trout In
No. So An Act TO regulate fishing in
The South branch of the Dead river above
Flagg dam.
No. 50. An Act to prohibit fishing in
Forest Lake, SO called situated IN the
towns of Gray, Cumberland. and Wind
ham IN the county of Cumberland.
Also petition of Mrs. w, a. Thurston
and 81 others. residents of Cumberland
and vicinity, in the county of Cumber-
land, IN relation TO fishing in said Forest
Lake
No &C. Petition of Noble Maxwell and
II others, residents - Richmond and
vicinity. asking that Underline Brook
IN Richmond and Bowdoinham be closed
10 all fishing
No. 81. Petition of H. Il. Hasey and II
others of st. Francis, in relation to fish
ing In Niger Brook Lakes, Brann Lake,
Fall Brook and Fall Brook Lakes, In
Aroostook county.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19

bridge over and across Front street In
Ne. I72. on an Act to Incorporate the
Pleasant Hll Cemetery Association in
the town of Webster
No. 17s. On an Act authorizing the
Penobscot tribe of Indians TO establish
and maintain ferry at Old Town.
No t76. On an Act to ratify and con-
firm the organization of the Augusta
Poultry Experiment Station and to grant
additional powers to said corporation.
No. 179. on a resolution to correct err
rors and omissions in the publication of
IAN Act to provide charter for the city
of Gardiner" as it appears in the laws of
1911.
No. 1879. ON an Act to incorporate Great
Moose Lake Power Company.
No 226. On an Act providing a punish
ment for certain indecent and Immoral
ga Holm p DIrNTON. Sec
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
PUBLIC HEALTH.

The Committee on Public Health WI.
give a hearing in room No. 81 OF the
FRIDAY. FEB. 2lst, at r. M
An Act relating to inspection OF hoteis'
inns and rooming houses ,.,.,,
An Act limiting and defining the iiapiii-
ties of inn-keepers.
An Act to establish Public Abattoirs'
in the cities and towns of the State.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
INSANE HOSPITALS.

The Committee on Insane Hospitals
will give a hearing at Room 50. State
House, on
WEDNESDAY, FEB. &c,
on the following:
An Act additional to Chapter IA of the
Revised Statutes, in relation to the
emergency commitment of insane patients
to insane hospitals.
An Act additional to Chapter 144 of the
Revised Statutes, in relation to the vol
untary admission of insane patients to
insane hospitals.
w. ]. MAYBURY. Secretary.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
New York Cotton Market.

New York, Feb. IL.
spot closed quiet. Middling uplands
1910; do. gulf 1926. No sales.
Galveston quiet, 12s: New Orleans
quiet. IL 7-l6; Savannah quiet, 12s:
Charleston nominal, 12s: Memphis steady.
12s.
Net receipts for four days 53476.
Exports to Great Britain 1925; 10
France 1851; to the Continent 81, LOG.
Stock 77OS54
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19

An Act to amend Section 90 of Chapter
Is OF the Revised statutes, relating to the
State Laboratory of hygiene
An Act To amend Section of Chapter Is
of the Revised statutes. relating to the
State board of health.
". NJ. MOULTON, Chairman.
II. u. MAXWELL, Secretary
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
TELEGRAPHs AND TELEPHONES

The Committee on Telegraplis aud Tele-
phones will give public hearing in Room
81 at. the state House in Augusta,
THURSDAY. FEB. q, at r.. NJ ~
An Act 10 incorporate the Perry TeIe-
phone Company.
An Act to Incorporate the Union Tele-
phone Company.
WILLIS Il. SWIFT. Secretary.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
INTERIOR WATERs,

rhe Committee on Interior Waters will
meet at Highway Department, state
Iou.e on Wednesday of each week, al
p. NJ, until further notice.
7. FRED O'CONNELL, Secretary.
CHAS. r. KINGSBURY, Clerk.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
LEGISLATIVE NOTICES.
ncRIclJLTuRE.

The Committee on Agriculture. will hold
rsxuIar meetings during the legislative
session In the Financial Affairs room
fourth floor on Wednesday OF eacn
week at 2 r. NJ.
LOUIS o. HASKELL, Clerk
o. M. RICHARDSON, Sec. OF Com.
a.for session
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
PUBLIC BUILDINGS & GROUNDS.

The Committee on Public Buildings and
Grounds will give a public hearing in its
room at the State House i'm Augusta,
THURSDAY. FEB. 20. at p. NJ.
No. Sc. Resolve for the Improvement of
the State Park on the easterly side of
State street.
w. II. FOLSOM, Secretary.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
Chicago Cattle Market.

Chicago, Feb. Is.
CATTLE-Receipts 400O; firm; beeves It's
Ms00; stockers and feeders 4850775; cows
and heifers 315Q750; calves 700QI10J0.
HOGS-Receipts $4,000: strong: light $40
a850: mixed Sl5aS50 heavy S00aS47l.
SHEEP-Receipts 5000; firm; native NUT
tons 500n650; yearlings 675@7S85; native
lambs 70068S5
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
INLAND FISHERIES AND GAME.

The Committee on Inland Fisheries and
Game will meet at Room NO: Y, Nfrs!
Floor State House, on Wednesday OF
each week at p NJ, until turtner no
tee
JOSEPH w. ALLEN. Chairman.
SETH f. CLARK, Secretary.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19

bridge IN the plantation of New Canada
lo2. An Act 10 provide for the prescr-
vatiou Of highways and bl idges.
i. T. MORRISON. SECRETARY.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
STATE SCHOOL FOR BOYS AND
INDUSTRIAL SCHOOL FOR GIRLS.

The Committee on State School for
Bows and Industrial School for Girls Will
meet in Room 1903, fourth floor, State
House, on Tuesday of each week at zoo
p NJ until further notice.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
New York Money Market.

New York, Feb. lS
Prime mercantile paper per cent.
Sterling exchange strong at 1925 for
60-day bills and at 1870 for demand.
Commercial bills 1879.
Bar silver 81.
Mexican dollars AS.
Government bonds heavy.
Railroad bonds heavy.
Money ON call easier at 3IM4 per cent ;
ruling rate 81; last loan 4; closing bid 3D.
United States reg. Is ................. loo.
do. coup, ........,......,. s.....,....... 100.
United States rs, reg. ......,,.......... 1923
do. coup. ........................,.. 1929
United States As, reg. ................,. 1lSa
do coup Observation-Disclosures. 113s
Baltimore & Ohio As .................... 97l
c., b. & @. joint As neutrality-suspicious.. 95s
Chicago, Mil. & St. p. CIV. AS ....... 1929
Denver & Rio Grande Ref 5s ........ Sls
Erie Gen. As ACKNOWLEDGEMENTS. 75i
*Mo, Kansas & Texas LIST As ......... 93s
$do AIS Observation-Disclosures. 81
Northern Pacific As .................... 97s
Union Pacific As NEUTRALITY-SUSPICIOUS.. 80,
do. con. As .......................... 93i
IBID.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19

The Committee on Judiciary viii give
q hearing at their room In the state
House at Augusta on
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19

The Committee on Sea and Shore Fish
eries will give public hearing in Room
lis. State House.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-02-19
AGRICULTURE.

The committees on Agriculture will give
q public hearing in the Financial Affairs
Room. No. IFS (fourth floor) State House,
Augusta, on
The Washington times., 1913-06-19
0LMSTED INQUIRY
MAY REACH WIDER
Others May Be Suspended in
Investigation BY Officers Of
Statistics Bureau.

Members of the personnel Of the
Bureau of Statistics. other than Victor
Olmsted, may become involved in
charges of lax administration that
caused the indefinite suspension of Mr..
Olmsted as chief by Acting Secretary
Galloway.
The investiga ton. hearings in which
were. held bS DR.. Galloway today. has
not yet sufficiently advanced, II Is said.
to determine whether or not any scalps
will fall 1t is possible that other in
definite suspensions or furlouGhs may
be made.
The exact specifications of the charges
against Mr. Olmsted are being kept
secret by officials of the department.
1t was stated today that Mr.. Olmsted
was suspended because there was an
investigation on OF administrative con-
ditions in his office. and that II was
thought best to have the chief OF the
bureau out of the office at the time.
Secretary Of Agriculture Houston re-
turned to Washington today. but he re
fused to make any statement with re-
in Mr.. Olmsteds office. Il have moth
ing to say" was the only answer he
made to inquiries.
II will probably be several days De-
fore the investigation If completed.
II was positively stated today that the
charges against him in no way involved
any fraud. The only question AT issue.
II Is declared. are office discipline and
ger eraI administI >;!on - the bureau
The Washington times., 1913-06-19
SEEK EXPLANATION
OF CAR LINE MERGER
Public Utilities Commissioners
Grant Hearing on Subject
of S1O,OOO,O00 Bonds.

Opportunity to specify exactly the
value of its proposed slo00o,ooo bond
issue will he given the Washington
Utilities Company by the Public Utill-
ties Commission. Announcement was
made today that a public hearing on the
subject will be held the last of the
month. probably June 30. At the same
time the corporation will be called upon
to show why the transfer of stocks of
the Washington Railway and Electric
Company to the Virginia corporation.
which is a part of the bond issue, Is
not forbidden by the La Toilette anti
merger act.
In answer to recent letter from
Washington Utilities Company asking
authority for the bond issue, Engin' er
ConSnt ssioner Harding. cha 'rman OF
the utilities commission, replied that
the question arises as TO whether II is
i'm violat on of the anti-merger law.
The company was further Informed
that If it appears from the arguments
that the utilities commission can act
without requirements regard 10 tne re-
aurements of the antilmerger law. IL
then will be necessary for the commits
sion to have before II full Information
as to values in order that 1t may D.
able to determine the sufficiencies OF the
security for the bonds.
A letter was received TO-DAY from Al
torney Boothe. asking for hearing,
which II was decided to grant, following
a conference between members or the
commission and Corporation Counsel
Thomas. Captain Julian Schley, eNecu-
tive officer. and ]. Williams, statistician.
The commission will be represented by
Corporation Counsel. who in the mean
time will study the laws in relation 10
the proposed bond issue.
IL il Is decided that the holding OF the
shares of the Washington Railway and
Electric Company by the Washington
Utilities Company is forbid .dden by the
anti-merger act the latter corporation
viii Ibe so notified n adtold there is no
occa sion to pass on the request for per-
mission TO issue bonds If. on the other
hand ii is decided that the stock of the
Washington Railway stock may be
held up to 20 per cent of its total issued
bv a holding corporation. then the Utili-
ties Commission will have to decide
whether there is sufficient value back
Of the $4,000, 900 bond issue to justify II.
II was made plain by the commission
today that the bond issue will not be
authorized until il is fully assured that
full values are behind IT,