Word: reporter
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Dates: during 1930-1939
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...public knew just what equations TVA did use in working out its rates. Last week, as the joint House-Senate investigating committee and its counsel, Francis Biddle, squared away to look into this and many another TVA question, the President sent to Congress a long-awaited report from TVA's financial committee on cost allocation. At last they show just where the notches on the Authority's yardstick had been...
...first public recognition that TVA is primarily a power project. It was notable also in that TVA wholesale rates are 60% as high as private power rates, indicating that with a similar capital reduction private utilities could undersell TVA. "One of the most interesting angles of the allocation report," observed the Wall Street Journal, "is the flat assumption that the market will be obtained for all the power in calculating the earning power of the system. The only way they can do that, at present, of course, is to take the business away from the private utilities...
...squat, bespectacled Russian-refugee Sagall, it weathered five years of bailiff dodging, grew from a room and a half in Soho to $1,050,000 capitalization, achieved financial association with Odeon. Competitor in large-screen television is Baird Television Ltd. partly owned by Gaumont-British Picture Corp., Ltd. They report several orders for theatre television screens, do not specify which theatres, might offer BBC loans of Gaumont-British stars in exchange for programs...
...that extensive buying must be renewed, forcing prices to turn upward. Last week, Standard Statistics saw no sign of U. S. business reaching this fundamental crossroad in the immediate future. Neither did Colonel Leonard Porter Ayres in his monthly sound-off. True, solid gains in crop prices on the report of bad weather and rust jumped Moody's commodity index to 136 last week. But a 25? drop brought the listed price of steel scrap to $10.75 a ton, positive proof that the key industry of steel had no immediate upsurge ahead. And the stock market last week again...
...Began moving in on the investment trust business. With the security exchange and the utility industry both come to heel, SEC's next major move is the long-awaited regulation of investment trusts. After three years' study, SEC last week sent Part I of its report to Congress, will send other installments this summer, later recommend legislation. Largely a survey of the field, Part I produced the following gloomy statistics: 1) since 1929 assets of investment trusts have shriveled from $7,000,000,000 to $3,700,000,000; 2) of 1,272 investment companies existing...