Cities Service Laboring Under Capital Costs Probe
A federal trade commission examiner testified that Lakeside Construction billed Cities Service subsidiaries $6.86 million for work on the Valmont plant, with a total profit to Cities Service of about $2.22 million and a $2.5 million stock benefit from the Public Service company of Colorado. The Valmont project prompted a write-up of Colorado’s fixed capital accounts by about $5.83 million.
MENTIONED IN THIS ARTICLE
Washington, D.C
Federal Trade Commission
Lakeside’ Construction Company
Cities “Servicey
Lakeside Concern
Public Service Company of Colorado
Cilies Service
Andrew W. Wilcox
Commission
Valmont
Boulder Dam
Lakeside Construction Company
Dougbert
Wilcox
Henry’ L. Doherty
Cities Service
Wilcor
Cities Service Company
Tolal
Publi Service Company of Colorado
Lakeside
Colorado
Colorado Company
Knockout by Cupid newspapermen by Robert Burns
Counsel for Lakeside Construction argues no profit appeared on Cities Service books from the transaction. He says write-ups from the Valmont plant were offset by write-downs and other items in property. Much of the listed profit consisted of common stock issued by Public Service Co of Colorado, which did not involve cash cost to Colorado or profit to Cities Service since Cities Service already owned all Colorado stock.
Prohibition Agents Seize Whiskey and Stills on West Laurel Street
Prohibition agents seized two ounces of whiskey and a nearby still during a raid on West Laurel Street Wednesday night. Joe Mendoza pled guilty and was fined $300.
MENTIONED IN THIS ARTICLE
Ban Antonio
West Laurel Street
Joe Mendoza
New Measure Aims to Protect Investors in Securities
Washington July 6 Publicity is the principal weapon of the securities act to save investors from worthless stock and bond schemes. The act makes fraudulent interstate sales a federal offense and allows buyers to sue issuers and underwriters for omissions or misstatements. Full registration starts July 7 with the federal trade commission. by July 97 firms must register before offering. Each signer of the statement must be responsible for material facts. criminal action possible for willful violations. The law ensures access to true financial facts, though it does not guarantee against losses. Registration statements can be lengthy. buyers may view them at the commission or cost, with sellers issuing summaries. Suits to recover purchase money must begin within two years of discovery or within ten years of registration.
MENTIONED IN THIS ARTICLE
Washington, D. C
Federal Trade Commission
Commission
Commission Office
Weather summary and travel outlook across July month
The report provides July precipitation totals and deficits from January 1, noting a accumulated deficiency of 6.05 inches through Thursday. It lists daily sun up and down times, forecasts from San Antonio to Dallas and New Orleans with variable rain and northerly winds, and a traveler weather section showing temperatures across many U S and Mexican cities with general cloudiness and showers in parts of the region.
MENTIONED IN THIS ARTICLE
San Anisalo
Dallas
San Antonio
Sen Antonio
New Orleans
Mattern Rescue Plane Pushes On to Nome Route
In the last leg of their flight to Nome Alaska the Jimmie Mattern rescue plane crew prepared for difficult hops over northern British Columbia and rugged terrain as they neared Alaska.
MENTIONED IN THIS ARTICLE
Terrace
Nome
Alaska
Jimmie Mattern
British Columbia
County Sends 360 Cotton Contracts in Acreage Cut Push
COLORADO Texas July 6 Three hundred sixty cotton redisitory contract offers totalling 15 400 acres have been sent to Washington as this county s part in the government s cotton acreage reduction campaign. The approximate total cash on those offers is 124 000.
MENTIONED IN THIS ARTICLE
Colorado
Texas
Washington
Mexican slayers spared death by Puebla governor
Mexico City July 16 Governor Jose Mijares Palencia of Puebla commuted the death sentences of two Mexicans convicted of murdering Mrs Rosalie Evans an American born British client and ranch owner to 2b year prison terms.
MENTIONED IN THIS ARTICLE
Mexico City
Rosalie Evans
Jose Mijares
Palencia
Puebla
Also Mentioned on This Page
Robert Burns
Lakeside Construc
Berlin
Max Schmeling
Anny Ondra
Max
United States
Sehmeling
Walgreen's
South Sea
Walt
Wyn
Foru
CPA Ender
Associated Prose
Abilene
Airar
Albuquérane
N. M
Amarillo
Tex
Atlanta
Boston
Mars
BrownayiNe
Buffalo
Gharteston
Wye
Yous Christ
Dalia
Pee del Rio
Beaver
Cole
Miami
Glande
Javetel Phoenix
Ariz
Piinncah
Port Arthur
Ratelaty
Hhveyaivor
Mattern
Bilge Seesty Maras
Alen
Michard
Avien Ark Oakio
The
Ox-Road
Temas Sardapar
Frost Bros
Frost's
Frost
Forstman and Hoffman
Bettex
OUT
Frust
Coats Aii
Frast
Frost’s
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