Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-11-27

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templated expenditures for the coll
Struction and extension OF gas service
facilities. On the contrary, 1t Is con-
ceivable that cheaper money, AZ pre-
dicted by many forecasters in economies,
might accelerate construction especially
on the natural gas side of the industry"
Electric Railways Statement.
For the electric railways, statement
was issued as follows by j. N. Shanna-
han of Omaha, acting for Paul Shoup,
who was absent:
"a canvass of the electric railway
companies of the United States, COM
prising street car, rapid transit, inter-
urban and bus lines handling APP
proximately 10000, 100000 passengers
annually. indicates that 81 per cent of
the executives responding to our inquiry
market situation will affect their
capital and maintenance expenditures
during the coming year.
This survey, made at the suggestion
OF Paul Shoup, president of the Amer
lean Electric Railway Association. who
is unfortunately unable to attend this
conference due to his presence on the
Pacific Coast, indicates that this in
dustry, which during 1929 is spending
maintenance. bettermentS and extern
sions expects to maintain or exceed
this rate Of expenditure during 1880.
AT q meeting held at the aSsocia-
tons headquarters in New York on
November rs, 1929 representative exec
utives of companies operating in various
parts of the country expressed their
confidence in the business outlook and
their desire to cooperate with Presi-
dent Hoover in every possible way in
his effort to stabalize and insure the
continued progress and development Of
business. Analysis of the transporta-
ton situation in a number of large cities
indicates that as progress is made in
bringing about better public under
standing Of the economic problems in
volved, improvement in credit will per-
NIT considerable increases in capital
expenditures to be made for expansion
of facilities"
Meeting Surprise TO Hoover.
The conference at the White House
today with the public utilities execu-
tives was in the nature of a surprise
The President. knowing of the meeting
which was to be held yesterday in New
York asked the public utilities for re-
port on their programs of construction
and maintenance. The public utility
executives, following their meeting, ask
ed that they be permitted to come to
the White House to make their report
The program outlined by the
executives to the President for the year
1880 goes considerably beyond the pro-
gram of these utilities during the cur
rent year The President expressed his
qualification at the plans announced
to him and at the spirit of cooperation
manifested by the leaders of public
utilities Of the country in the effort
which is being made to dispel pessimism
and to stabilize American business.
Those attending the conference with
the President today included many of
the outstanding figures In the public
utilities of the country.
Conference Personnel.
The utilities men involved are: Owen
D. Young of the General Electric Co..
Samuel insult of the Commonwealth
Edison Co., George B. Cortelyou of the
Consolidated Gas Co., S. z. Mitchell
Of the Electric Bond a. Share Co..
New York: Charles l.. Edgar, Edison
Electric Illuminating Co, Boston: r.
L. Dame. North American Co., New
c cork New York e Jones g 'ie cobs Serv A
lied Power & Light Co., New York;
Thomas M. McCarter, Public Service
Electric 81 Gas Co, Newark, N. j.,
G. e. GroSsbeck, Electric Bond g. Share
Co., New York Haljord Erickson, Byl-
leSby Engineering g. Management Cor
poration, Chicago; George NJ. Kidd,
American Gas & Electric Co., New
York; John P. Zimmerman, United
Gas g. Improvement Co., Philadelphia;
p. G. Gessler, and w. w. Freeman, Co
lumbia Gas q Electric Co., New York;
John B. Miller, Southern California
Edison CO., Los Angeles; Floyd l.. Car
Isle, N. E. Power Corporation Co, New
York; Herbert A. WAGNER, Consolidated
Gas, Electric Light q Power Co, Balti-
more; M. s. Sloan, New York Edison
Co, New York; j. N. Shanahan, Omaha
6S Council Bluffs Street Railway Co.; j.
P. Barnes, Louisville Railway Co.; Guy
A. Richardson, Chicago surface lines: j..
H. Hanna, Capital Traction Co, Wash
ington, D. c.; p. E. Paige, Brooklyn
Union Gas Co.; s. p. Hulswitt, Amer
lean Commonwealth Power Corporation,
New York; @. H. Clifford, Stone g.
Webster Service Co., Boston; Paul s..
Clapp, National Electric Light AsSocia-
ton, New York; L. S. Storrs, United
Railway IL Electric Co., Baltimore: w
A. Draper, Cincinnati Street Railway
Co.; p. A. Gadsen, United Gas I'M
provement Co., Philadelphia, and B. J.
Mulaney. Peoples Gas, Light q Coke
Co., Chicago.
At the conclusion of today's confer