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Show iGOWlSffiOI FOR STBETilWAf Utah Power and Light Com pany Is Said to Be Plan nmg Purchase Eastern accountan s are e e ten terest of the U a Po er & LI0 t com pany aud tnB e books and a ounts of the U a L ght & Powe ompany Th s account ng s eQarded as p el m na y to tl e purchase of the Sa t La e street ra 1 way 8sten by the Uta Power & L ght con pany Off c a s of t e t vo co npanles adn tted ye te da at nego at ons ook ng to the purchase of t e s eet a way sys ten by the b g powe company we e pend ng but sa d that t ey ad not reached a stage where t e probab e t ans fer coy d. be def nlte announced Some months ago the sa e of the street car s stem was info mal y d scussed by the off cers of the two compan es and s nee that t me the negota ons have cont nued It s under tood that the t ansact on w 1 nvo ve about $ 0 000 000 Judge Robe t S Love t. cha rman of the boa d of d rectors, of t e Un on Pa cfc Ra na compan owne s of t e s eet ca sjsten dec net to d scuss the epo s of the sa e Judge Love t Is here nspec ng the a Iway nes of s company He sa d t at 1 s s t ad not ng to do w th t e negotiations be tween t e two compan es P H Knic e bocker secre a j of the Utah Light SL Ra way company sa d that the sa e had been nforma yds cussed by the off cers of t ie two con panles but that no ng f na bad been ag eed upon He ea d t at if the sa e were arranged it wou d p obably be sev eral months befo e t e p ope ty woud be transferred The Sa t Lake street car sjstem -was purchased e ght years ago by the Harr man Interests for $3 000 000 S rice that time the serv ce 1 as been greatly 1m proved and exte ded The conpany has expended about $ 000 000 in improve ments The power p ants and the patron age of the s s em s va ued at approxl mate y $10 000 000 The Utah Power & Light con pany is the big new power conce n w ch has recently taken over most of the b g power compan es of Ltah Ida o and Co o ado and wh ch now cont o t most of the e ec tr ca power p an s in t ese t ce states |