Salt Lake Herald-Republican | 1918-05-24 | Page 3 | World's Greatest Gas Firm near Broke

WORlDS WORlD'S GREATEST GAS FIRM NEAR BROKE By Associated Press CHICAGO May ta 23 23 Samuel Samuel maul chairman of the Peoples People's Gas GalS Light I Coke company Chicago which he said ald I was the tho largest In the country testified I before belore the public utilities commission today today to to- to day that lint the company has only on hand that thal Its credit Is hall bad that un iii 1111 less an advance In lii rates Is granted rant d the thin company compan will have havo to close and that thai only the Iho patriotic attitude of the banks had enabled the company campan to continue to op op- op- op opI I crate erate It II had d borrowed he said front from eer every bank hank In the city 1 The high cost o of coal cole coke and oil witness s said was largely responsible ble for the tho plight of his company Last st winter he lie said the company's supply of coke contracted d for was taken by the govern Jovern- in ment en t. t Witness said that tho the company had hind not I adequate capital 1 to lay In to an adequate I supply of coal and anti oil for next winter I