davidaulloa/AmericanStories huggingface dataset:
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-07-27
Hurts Head While
In McKinley Pool

Donald Laws, Is, living at AIS
East 2eth st. was released nom
the county hospital Wednesday. ac-
cording TO attendants there, after
he suffered shock In striking his
head on the bottom Of Mckinley
park pool Tuesday afternoon while
swimming.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-07-27
SPANAWAY MAN Held

Otto Hoel. 52-yesr-old spanaway
carpenter. was held in the Pierce
county Jail Wednesday under $500
bail on charge NJ disorderly
conduct. Deputy Prosecutor Bill
Goodwin said the arrest was based
on alleged beating by Hoel Of his
housekeeper. A. Munden, and her
sister, Charlotte Munden. who had
lived at his place. They are be-
ing held under similar charges.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-07-27
DriUer II Truck
Qllizzer} bv Police

HAD ~ lnves<IUn1isn r. - -
cIa<nt md pronlrlx nt(s4gI eru4
a<sxinr. wsltsr Y. MltIs<. III -
'resoass <v~. ~>s y ~ cry -
Wednesday.
- 80 arrested - err p<zIeo
Tuesday after NJ tru<t nl1e1c1IY
.srn<k = ear. le<ed - Af1N1<
Ansana<<n. fftt - ki41x<<<N
-. ~hNn wns pe<ke9 = -
t'anm<fv< a Miller. pe1keo -
failed - stsp. ~ wae cvext41<n
~ sfv<sr. a ks@s 7s'n snd : -
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-07-27
MARKETS AT A
GLANCE

stocks Firm in moderate trade.
Bonds; Irregular; Y. s. govern
ments higher.
Curb Stocks: Irregulsrly higher.
Foreign Exchange; Steady.
Cotton; Up az much a. 90 cents
bale.
Wheat: IL to IL cents higher.
Corn: Up Ia to IN cents.
Rubber: Steady.
silver: Unchanged in New York.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-07-27

Selective buying Of individual
stocks sent several TO new highs
for the year and longer.
Pathe featured in volume at a
small gain. Relatively large vol
ume WAS noted in steel and motor
shares.
Quotations courtesy Dean wltter q
Co. Washington bids. members
New York stock ExchangeD
Stocks High Low Close
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-07-27

rheras>t WIN >e<llou : r1>N1Ie
fate sy<up ~ n~Nu<ee fvexnH1
n.pl<'s eyrsp v v&rSsee dlp~N1rN4
sss.le>ss msa. &>sveet - 49,
-. wne ep>ee hssa ~ e11y 49,
Wednesday
lt<w.s s<ps>>s ruen6eY = -
lsctsvs 4 o. pseeS~ee ~ Wu1G1t
west msnnwer ~ ~ fo14l11
nstier nss<o<nr uw>eu. - 1>1l<nc
ee@sslnsnr IN syyvD w~se -
lssss~d. Ws~s s~s4
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-07-27
BEHIND The
TICKER

NEW YORK Last weeks stock
market rally was based purely On
unconfirmed gossip that the crtti-
cal nsnxig situation would end IN
= peaceful settlement. The Dutch
and British. however. aren't q
that mind This was confirmed BY
the fact that only American eqai-
ties acted nicely. while foreign
shares hardly responded.
but important business people
are Of the belief that Hitler viii
get nanxig without starting a war.
Your correspondent knows Of ore
corporate official who made a wa
ger al odds Of 20 10 l that no war
VIII break out in Europe this
summer. lie said he expected the
Danxig crisis 10 pass lts peak be-
fore the middle Of August.
internationally informed bank
ers and indnstrialists are IN accord
that II war doesn't break cut dur
INK the remainder OF the summer
months. no war win be witnessed
until next spring. They anticipate
mild business recovery, but that
IL VIII constantly be subjected 10
ovsrhanging threats OF war. The
DanEig problem they say will
blow over. as did the Czech affair.
Profitable That the leading In
vestment houses arc plenty worried
over the SEC move 10 force COM
petitlve bidding on new bond offer
ings is confirmed by the manner
In which the powerful firm Of
Morgan, stanley a Co. offered the
Southern Bell Telephone A. Tele-
graph Co.'S s22 $50, 900 OF +o.year
three per cent dcbcnturca
From the time OF the original
sales agreement TO the actual Of
fering. Southern Bell benefited 10
the tune OF ss75, 900. The firm of
Morgsn-stanley lifted the price
offering so high that II was sold
TO yield only 2.6e per cent.
Investment bankers say that the
Southern Bell price Is definite proof
that the biggest and best are aware
that they may lose their fine con-
nections because OF competitive
bidding IL corporations don't re-
ceiye better figures.
Reports Are That - Anaconda
Wire n Gable received depart
ment OF interior contract for a.
900 900 pounds Of bare copper
cable Long pull buying COM
ing into the n. l.. Green shares
For greater speculative appeal
there's some switching from United
Corp into Radio Corp e.. National
Biscuits second quarter net Of 10
cents share was disappointing
TO those who had been "bulling''
the stock-~lower wheat inventory
value caused decline in net
General Foods insiders expect a
small dividend extra late this
year.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-07-27
POLICY HoLDISG MAN

Said by police to have threaten
ed the life Of y. q. Brsxei. 1888
SO. ID IT. Joe Jost was booked at
the city jail early wednesday on
charges Of drunkenness and inyss-
tiFation-
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-07-27
--mAPpv--
RlRItpAy

wxpNnauAy. suf.v -
M nsn.~ss. sps~swsv.
nm~ry As>wy. r<ssws~<-
= n sr~<ish. - -. AIns-
wsxsn .ss
n~~~s>v u<Hs~sss. rsvvr~~s.
~. i>rs~,~> NasAs~ss. ts1n
r.~s~ss ss>.
Nf~ n~>s>s D~~rse. 80 Ws.1
Main -. russls~p.
rss~s r~~ss~~ ssss xs.s
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-07-27
PARK AVE CLUB MEETS

Members ~ Park Avenue and
I'D 81 Improvement club VIII
convene Thursday night si =
o'clock in ST. AIMS recreation
hall, Park ave. and TAD st.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-07-27
Stocks Grou Firm.
Bonds IhOu Gains
Dow-JoNEs AVERAGES

Dow-JoNES AVERAGES
Industrial -. .iss.ss. up or
Rail ..-.... 2s.s7. up els
Utility 5000. $3.50. up 0.55
Stock sales Appropriated soc. 900
shares. compared with 1890, 900
Tuesday. Curb stock sales were
1850 against liz, 900.
NEW YoRK-The stock market
developed firm tone today after
early irregularity. Volume slack
ened. Bonds were better and
commodities advanced.
Many corporations issued I'M
proved reports for the second quar-
ter and several declared increased
dividends. Retail establishments
published rising sales figures.
Steel operations continued to move
up There were contra-seasonal
declines in car loadings and cleo
trieity output
Wheat. corn, oats and rye adj
vanced one to nearly two cents
bushel. Cotton futures made new
seasonal highs. Three silk posi-
tions made new nine-year tops.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-07-27
OBITUARIES


Emil y. Engman. SO. VI ss52 No.
Mason ave. died Tuesday 81 his
home. He had been employed by
the city light department for II
years and had lived In Tacoma
II years. lie was a member Of the
Eagles lodge. Survivors include
hls wife. Hnlds: son. Earl r.
two daughters. Evelyn and Laislis,
bcth Of the home. a brother. 1ver
Engman Of Minnesota. and two
sisters. Mrs. Clara DIN of Tacoma
and Mrs Elvers Cervenka Of
Salem. Ore. Piper win make the
funeral announcement.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-07-27

Mrs. Title Reap - Mellinssr's
sent the body Wednesday to Port
land for burial.
Mrs. Nancy Jane J~ffsIes $3.50
Thursday at y. IA. from the
Msilinger chapel. Rev. J. H. Me-
cullough officiating. burial Ia
sumner cemetery.
Evening star., 1939-03-05

Schreckho,n rose small rock needle considered
so unimportant that it was not shown on any
but the largest detail maps; even these dis
missed it with mere number - "Fourteen
From Grindelwald, the approach to the ropng
point was no more than an hours walk up
narrow valley. bed of an obscure glacier. Yet
near the objective summit, as Connie had cause
to know - for unguided she had twice failed
with friends to surmount it - was bit OF over
hang. of undercut face as devilishly hard as any
thing she had ever attempted. The climb was
Aew to lack; she had made sure of that point.
- though dwarfed on all sides by far more pre-
t.ntious mountains, little fourteen was as
searching proving ground for the experiment
as could be found anywhere.
An experiment seemingly doomed to failure:
never had lack been more overwhelmingly terri
fled. more completely at the mercy of his
phobia. Increasingly resentful of Connie S calm
strength he felt. too, a sense of burning shame
that the girl he loved should be here to see him
make such an abject exhibition of himself.
He felt slight tug on the rope. Connies
pleasant unrufled voice foated up to him.
You can get foot or two nearer the over
hang. Anchor there and I'll join you
A fresh palsy swept through him. He felt
suffocated "Ifever move again it II be down.
he croaked.
She heard spoke urgently, yet without change
of tone. mo, Jack! Reach for that next hand
Evening star., 1939-03-05
THIS WEEK MAGAZINE

hold and wait" Her face set into stern lines.
For all his shaking nausea he was an expert
enced climber, and presently, without conscious
volition, he managed somehow to pull himself
up. His feet were firm on four-inch ledge
previously at his waist Save for the oppressive
proximity of the jutting overhang, his position
was better easier, than previously. Quaking.
he screwed up his courage and released an arm.
Then, mechanically and without downward
glance, he commenced taking in the slack rope
"a handful tucked under the free arm, another
reach, another handful. until the rope came
taut
Connie came up slowly, moving only when
she saw that his grip on the rope was secure. At
last she stood beside him on the ledge.
(Continvsd on poss 15)
Evening star., 1939-03-05

Jack said stubbornly Fear of heights is in
herited 1t has nothing to do with soldering"
Mot yet, perhaps. And that S only because,
until now, you haven't given in to yourself.
happens to the sound apple with the one bad
spot. Soon the good fruit gets -"
Rotten, eh?" His voice hardened. Thanks,
Connie. Nice future you paint for me-
She was terribly in earnest, entirely off
guard. Its only because I care so much - "
Enough to marry me and forget all this
silly theory
Flustered, she swerved the car barely in time
to miss horse-drawn cart, ambling down the
road without light. She said i've wanted to
hear you ask that for long time the first
part. It's ironic that I've got to answer no"
Evening star., 1939-07-22
Middle West Corn.
Considers Large
Refinancing
Operations to Reduce
Interest May Involve
$50, 100000
BY the Associated Press.

BY the Associated Press.
CHICAGO, July 22.-Ohacials OF
Middle West Corp. yesterday indi-
Gated refinancing operations in
volving possibly 100000 In Sc
curities of underlying utility or
ganizations are being considered be-
cause of the saving in interest and
preferred dividends which might be
effected.
1t is expected Central Power &
Light Co. may soon register issues
of 25,000,000 flrst-mortgage bonds
and 100000 notes or debentures
which will be used to retire s32,-
045, 900 Of S per cent bonds. Central
Power Is subsidiary of Central &
Southwest Utilities, which is in turn
a Middle West subsidiary. It was
understood Southwestern Gas e.
Electric may refund $16,000,0OO of 4
per cent bonds and $685., 900 of 7
per cent preferred stock some time
this year.
Refunding Of s26,553 900 bonds of
Kentucky Utilities and S7,807,000
bonds of Northwestern Public Serv-
ice may be undertaken, officials in
dicated. Elimination of dividend
accumulations on preferred stock
Of Central & Southwest Utilities
also is on the program
Middle West, SAB 900, 900 success
sor to Middle West Utilities Co., is
at the top of a utility group esti-
mated to have more than 5000 .OOO.-
900 bonds and s10o 900 900 preferred
stock outstanding.
Evening star., 1939-07-22
By the Associated Press.

By the Associated Press.
NEW YORK, July 22-Rail loans
took over bond market leadership
again today although substantial
buying also filtered into a few Sc
lected utilities.
While the direction of the market
was definitely upward, proflt-taking
on the heels of recent wide advances
kept most gains in a fractional
range.
Favorable earnings reports re-
manned a backdrop for demand for
the carriers, brokers said
United States Government loans
Joined the forward parade. Gains
ranging to an outside of l0-32d point
near the close of the short session
were registered on small volume.
Highlight of the foreign division
was 3-point runup in Toxic City
5s.
Higher elsewhere were Frisco 4i2s
of 78, ST. Paul SIS, Commonwealth
Edison 3les, Erie SIS of rs, Inter-
national Hydro Electric IS, Penn
sylvania general 4i2s of IS, Nickel
Plate 4las and 5l2s, Brooklyn Man
haitian Transit 4l2s and Interna-
tional Mercantile Marine IS.
Evening star., 1939-07-22
Jersey Standard 10 Bring
Illinois Crude East
BY the Associated Press.


NEW YORK, July 22.-standard
Oil Co. New Jersey next week
will begin bringing 1000 barrels Of
Illinois crude oil daily into its
Bayway, N. j., refinery oy pipe line,
it was learned.
The oil is being brought East,
officials said, to lessen the pressure
Of surplus production in Illinois.
1t was explained that the move
was temporary arrangement to
be continued until officials can find
other outlets for the oil in the Mid
west"
There is no proration in Illinois
and production there recently has
been running around 10000 barrels
daily in excess of oil needs Of the
area.
The crude to come from Illinois
will be the first brought here from
that State by Jersey Standard In
some years, it was said.
The Illinois crude is being taken
from Jersey Standard subsidiary
Carter Oil Co., which has Offices in
Tulsa, Okla, and operates in Okla
homa, Kansas and Illinois. The oil
will move east over the Illinois
Pipe, Southwestern Pennsylvania
Pipe, Eureka Pipe, Southern Pipe,
National Pipe and Tuscarora Pipe
Lines.
Evening star., 1939-07-22
Corporation Earnings
Climb 81 Per Cent
Above Year Ago
Net Of 70 Large Firms
ga Per Cent Ahead
Of First Quarter
BY the Associated Press.


NEW YORK, July 22.-Second-
quarter net profits Of the first 10
large corporations to report earn
ings totaled $50, ,399 .906, a gain of
6.4 per cent over the first quarter
and "a per cent greater than the
same period year ago, a compila-
ton by the Associated Press revealed
today.
Excluding the American Tele-
phone & Telegraph Co., net income
of the remaining SO corporations
was II per cent above the first quar-
ter and 65 per cent greater than
last year.
The first 80 large corporations to
report net income for the six months
ended June 80 earned sl91 ,801 TAO,
an improvement of IS per cent over
the same period last year. Exclud-
ing American Telephone & Tele-
graph, earnings for the first half
showed an increase of 81 per cent
over the first six months of 1898.
Second-quarter earnings of nine
steel companies totaled 81 480, ,O29
compared with $l,4l8,721 in the pre-
ceding quarter and a deficit of So
32026 in the same period last year
Six food companies earned $lO,-
155 ,082 against S10093,122 in the
first quarter and $9,239,7l4 a year
ago.
Net income of four mining COM
panies increased to S2713,784 from
$2,333,548 in the previous quarter
and S2347 ,433 in the same period
last year.
Earnings of four manufacturers
of electrical equipment expanded
sharply to $13353 1888 compared with
$9,906,883 in the March 81 quarter
and s8,579,s33 a year ago.
Four public utilities earned
slightly less than in the first quarter,
net income totaling SO ,24l 500 against
$3,3l3.852 in the preceding period
and S2934,6 in the second quarter
last year.
Companies in other industrial
groups have not yet reported in
sufficient numbers to permit general
comparisons.
Evening star., 1939-07-22
New York Produce

NEW YORK; July - .P,.-Esgs. 1s..
i4s; steady Mixed colors Fancy to ex-
IRA fancy. 1S'2-22a.; standards l7a,-IS.
nrsts 1871; seconds. 15-15a.: mediums.
I5 dirties' No. 1. 14i2: average checks,
Whites--Resale of premium marks, c11a-
10: neaEby % and Mldwestern. premium
marks. "a l2-o1: exchange specials 23I,-
"a: exchange standards. 2OL2-el: resale Of
nearby nea ,,h heavier mediums. 221a-co7: nearby
ana MidWestern. exchange mediums 81
%: Pacific Coast Jumbo and premiums.
30,a1: specials. 2sa429b: standards,
26l4: mediums. 25-25l2
Browns-Nearby. extra fancy 22h5-2a;
nearby and Midwestern, exchange specials,
exchange standards 20: nearby, me
Duck esgs. nearby. 1920
Butter. 412.9lL; firm: creamery. hisher
than extra 24A-25: extra (92 scorer "a.
n1sts tsS-9D. 2la-c4ia; seconds is4-s1,
Cheese. 9a656 quiet; prices unbalanced
r. Dressed poultry, unsettled; fresh and
frozen prices UNCHANGED
Live poultry. by freight and express.
nominal: no sales.
Evening star., 1939-07-22
National City Lines
Reports Higher Net
Special Dispatch to The Star.

NEW YORK, July 22.-National
City Lines, Inc, which operates bus
transportation systems in Is lead
ing cities. reports net profit for the
six months ended June 80. 1899. Of
s260,6l5 after all charges and Fed.
eral taxes, equivalent after prefer
ence and Glass "A" dividends, to
80 cents a share on 100000 shares
Of common stock outstanding.
This compares with net of 1852 $50
for the same six months of 1898,
equivalent on the same basis, to
43 cents a common share.
For the three months ended June
80 net profit amounted to $143,985
equivalent to 81 cents a share of
common stock, against net of $S7,-
l60, or "a cents share, in the same
quarter of last year.
Evening star., 1939-07-22
Norwich PhurmocoI Net
Climbs 36 Per Cent
Special Dispatch to The Star.

Special Dispatch to The Star
NEW YORK, July 22-The Nor
wich Pharmacal Co. reports for the
six months ended June 80, 1899, net
profits. after all charges and pro-
visions for income taxes, of 1888, 16l.
equivalent to 4s cents per share on
the 100000 shares of common stock
outstanding. This represents gain
of 36.2 per cent over the profits of
s284,882 for the corresponding period
of 1898.
Evening star., 1939-07-22
Boston Wool Market

BOSTON July % QP, Omitted States
Department Of Agriculture). = Domestic
wools moved in sizable Quantities at firm
ine the last week. Mills in both the
vorsted and woolen branches Of the in
dustry, were buying wool. Buying was
l2-month vools. The various lines Of
sraded wools had a moderate to good de-
mand. Combins Graded bfiEht fleece wools
cents for hne -delaine, 1881 cents for
half blocds and 1888 for thYee-sighths and
quarter blood
Evening star., 1939-07-22
Tobacco Markets

The upward trend In prices for tobacco
sold on the auction markets at upper
Is has continued on through July Q and
90 according to the Agricultural Marketing
Service
Demand on all qualities is strong with
prices correspondingly hiRher the only ex-
ceptions being the low quality green tips
and other low or nondescript grades.
Choice quality bright crop sold up to S4l
per hundred pounds Offerings as a whole
have improved in quality and volume al
both points continues heavy.
Average prices per 100 pounds by quail
tty and approximate ranges on bulk OF
sales follow.
Evening star., 1939-07-22
British Investors Sell
U. S. Steel Common
BY the Associated Press.

BY the Associated Press.
NEW YORK, July 22-British in
vestors sold over $4,000 United States
Steel common shares in the second
quarter, the corporation disclosed.
Total foreign holdings of Big
Steel" common June 80 numbered
BAL ,965 shares. compared with 872,-
AGO March 81, the bulk of the re-
duction coming from sales by Brit
ish holders On June 80 last year
foreign holdings Of steel common
were 842,862 shares.
Evening star., 1939-07-22
Pere Marquette Cuts
Deficit to $150,248
By the Associated Press.

By the Associated Press
CLEVELAND, July 22-Pere Mar
quette's June operations, the rail-
way reported, resulted in q $150,24a
deficit. compared with a $426. .48e
deficit in June, 1888. The road
showed 1856, ,750 deficit for the first
six months, against a s2.213,007 loss
the same period last year.
Evening star., 1939-07-22

In BANKRUPTCY or receivershtp or being
reorEanlzed under Bankruptcy Act or
securltles assumed by such companies
Rates OF dividends in the foregoing table
are annual disbursements based on the last
quarterly or semi-annual declaration On.
less otherwise noted. special or extra divi-
dends are not included
xd Elk dividend xr Ex rights Also
ezra or extras Paid last year fPay-
sbi soie N STOCK Declared or paid so far
TINS year h Cash or stock Accumu.
lated dividend paid or declared this year
ur Under rule Wv With warrants ~
Evening star., 1939-07-22
London Bar Gold

LONDON July - lP-Bar gold. 14ss
Sd of I'D Equivalent. S34171 Bar
silver, 167sd. up ,.d. EQUIV alen:, 1856
Evening star., 1939-07-22
Metal Market

NEW YORK. July 30 tP.-Copper firm:
electrolytic, SPOT. 1O37l2: export, lO,35.
Other metals nominally unchanged
Evening star., 1939-07-22

Industrial production records IN
Italy are breaking all records.
Evening star., 1939-07-22
New York Bank Stocks

NEW YORK July % lP.-Investment
Bankers Conference, Inc:
Bid Asked
Evening star., 1939-07-22
Insurance Stocks

NEW YORK July % Fl-Investment
Bankers Conference, Inc.
Evening star., 1939-07-22

Auhr q c 6i7s SO A 32n, 32n 32s
W. With warrants XIV Without VAR
rants. New. st tstpl Stamped
tNeEotiablity impaired by maturity
Evening star., 1939-07-22

NEW YORK CURB MARKET
BY private wire direct to The Star
Eastern DayIirht ssvins Time,

Stock and Sales
Dividend Rate. Add 90. High. Low. Close.
Aero Supply (B)- 3 3h 3M 81
Air Investors 8 ~ IN IN
Evening star., 1939-11-05

groups, presumably to the Niagara
Hudson System, worlds largest pro-
ducer Of electricity, which serves
the major part of industrial New
York.
Coincident with these reports, the
same sources said they had been
informed the newly created Power
Policy Committee, headed by Secre-
tary of the Interior Harold L. Ickes,
was preparing to make public re-
port calling attention to potential
power production shortage as ma
tional defense problem.
Public Ownership Leanings.
Power men here said they believed
several members of this committee
have leaned toward public owner
ship Of utilities. It's work is not
viewed with eQuanimity In Wall
Street quarters, they asserted.
The findings Of the committee
were expected to indicate a need
for further facilities in the industrial
Northeast generally. particularly in
New York State-and also in some
isolated sections Of the Southeast.
The $500 900 900 transmission grid
project-which has from time to
time in the past year been con-
sidered by such agencies as the Fed
eral Power Commission and the
Rural Electrification Administra-
tion-may reappear in the commit
tees recommendations, they said.
Some utility leaders have looked
upon this project as a device by
which the Federal Government
could extend control over the opera
tions-and more particularly the
rates-of the important. highly
integrated, interstate system S.
Spokesman for these systems gen.
orally contend that their rates,
where higher, are due to higher
Evening star., 1939-11-05

cause CONSERVATION in Wall Street
quarters, but the urgent need for
power to care for New York States
expected industrial pickup and for
the British Empires great indus
trial development plan for Canada
were described as leading to COM
mon sense" negotiations between
Government agencies and private
utilities affected.
Once treaty between Canada
and the United States is completed,
they said, 1t was assumed details
would be worked out between the
province Of Ontario and New York
State.
The power authority of New
York State has already gone on
record in favor Of protecting exist
ing investment in utility plant and
of distribution and sale by the pri-
vate companies of power developed
in the st. Lawrence project.
While Niagara Hudson, which
serves Canada as well as New York
State, has already taken steps to
meet the increasing need for power
In industrial New York by doubling
the capacity of its new Oswego
steam generating plant. Canadian
and upstate needs for a long war
would tax all electric production
resources.
Wall Street sources said they
hoped this would lead to further
amicable extension Of conferences
already initiated on the subject be-
tween governmental agencies and
private utility management.