Salt Lake Telegram | 1934-05-22 | Page 12 | Cities Service Writeups Told

milES CITIES SERVICE TOLD Utilities Company Denies Figures Given Trade Commission It 0 WASHINGTON May Map 22 UP UP- UP Plant and Investment aggregating aggregating aggregating gating prior to 1930 in Cities Service company top organization of Henry L L. Doherty's Dohert s 's oil oU and utilities empire were alleged today before the federal trade commission The aggregate later was wa reported reported reported re re- re- re ported reduced to Robert Burns Cities Service counsel counsel counsel coun coun- sel denied the figures represented the commission commission com He lIe charged mi mission sIon calculated them according to certain theoretical formulas devised b by p itself The company Burns said denies de nies that the great bulk of them are arc Furthermore these claimed are arc pyramided and duplicated ed in ill the commissions commission's report from company to company so that the total arrived at bears bears' no relation whatever to lo the Investment account reported by the company in its consolidated statements en ts Details of the claims were contained con lamed jn a trade commission examiners examiner's examiners examiners examiner's ners ner's report on affairs of the Cities Service company from 1919 to 10 1930 The report was introduced as evidence evi evidence i evi- dence in the hearing by Robert E E. Healy trade commission chief chic counseL coun coun coun- sel set