New Britain herald., 1929-11-27
UTILITIES PLANNING BIG 1880 PROGRAM
 MEN TELL HOOVER
(Contlnued From First Pagv)

(Contlnucd From First PaSeD plan their construction well in ad- vance.
 Plans Are Compictcd
 ''The plans for 1880 are coiuplet- d. largv commitments have already been entered into and many con- tracts of existing conditions has just fled this expansion in anticipation oI the growing requirements Of indus try for power and consumers gcncr- ally for increased electric serNice.'
 B. J, Mullaney, president Of tha American Gas association. on be- half Of that organization. said:
 The American Gas assoclation statistical department estimates that expenditures for construction by the manufactured and natural gas industry Of the United States in Ia5O will aggregate approximately S425.oQ0oUV, an increase of about per cent over the corresponding period of 1929. An additional $50.- o00. .0Qo will be expended 70 maIn- ian existing service facilities.
 "Thc construction estimate is based primarily upon budget pro- visions already formulated for l9%O by companies representing the ma ior part of gas production and dis tribution in the United States. Tho conclusions thus indicated have been checked against the fac;ual experience of the industry for many years. as well as against current observation and information and have been corrcspondingly strength enod.
 Gas Growth steady
 Gas industry growth. while Un- Spectacular. has been marked and steady. for upwards of 70 years. The latter part of the period has been it's time Of most rapid gain. Complete statistical reports for nine months, and covering upwards oi S5 per cent Of the output, indicate that the total output for 1929 should be about nine per cent ahead of the 1928 total"
 Construction programs have 10 anticipate this growth as we'll as pro- vide for the consequences of new trends and changing conditions such as more and more large-volume in dustral use Of gas; accelerated use for additional domestic purposes. m- Cluding house heating; increased density of population, and use wher" large apartment houses supplan; single family dwellings. Expansion is further stimulated by the growing popular recognition of gaseous fuel advantages and by the research that develops better utilization.
 Tn the natural gas branch of the industry, the existence of vast known reserves, coupled with large increas- es in production, is making long dis tance transmission economically practicable to degree not Gnticipat- ed few years ago. Developments along this line will undoubtedly con- tinue for many years.
 Requirements Estimated
 "Thcse and collateral facts trends, and factors have been coor- dinated with obvious necessities, ill estimating the construction require, ments of the industry for l93o. The net results, as summed up in the first sentence of this statement. have been reviewed by officers Of the larger gas producing and distributing companies. assembled for that pur- pose at American Gas association hcadquarters in New York yesterday and have been approved as reason able forecast.
 "'rhe customer contacts and day today experiences of .he company $ representatives m the conference re- feet no disturbing change in bus- ness conditions or trends. They sug- gest no reason at this time for cur tailing the contemplated cNpcndl- lures for the construction and eN- tension Of gas service facilities. On inc contrary. it is conceivable that cheaper money, as predicted by many forccasters in economies might accelerate construction espe- cially on the natural gas side Of the industry
 Nhannahan Talks
 J. w. Shannaham Of Omaha made th following statement fol the electric railways of the country,
 "A canvass of the electric railway companies of the United States comprising street cars. rapid transit interurban and bus lines. handling approximately 0ue-siNtn billion pas. Sengers annually. indicated that 9 per cent Of tho executives respond. inG 10 our inquiry do not anticipate that the present stocl, market sit uation will affect their capital ant maintenance expenditures durin: thc coming year.
 This survey. mad. ut the sugg"s ion Of PauI Shoup, president Of the American Electric Railway associ arion, who IS unfortunately Unabl' 10 attend this conference. due to hi presence on the Pacific coast, in dlcatcs that this industry whicl turing 1929 is spending approNim atnly Sl,ooo,ou0 day for maintc. nance, bctt"rmonts and expansions .vpccts to maintain this rate of eH, ponditurc during IH%"-
 "At q meeting held at inc asso cations headquarters in Now Tor, on November 2G, l922 rcprescntt lNo executives of companies opcr atng in various parts Of the coun. try expressed their confidence n Inc business outlook and their de sire 10 cooperate with President Hoover in every possible way in his efforts 10 stabilize and insure inc ,ontinued progress and best de- NcIopmcnt Of business. Analysis oi inc transportation situation in a number Of large cities indicates ina, IS progress is made in bringing about better public understanding Of the economic problems involved improvement m credit will permit considerable increases in capital cx. pcnditures 10 he made for the ox panslon Of facilities