Show Provo Will Buy Bonds With Utility Funds By Telegram Leas Leased d Wire PROVO Surplus PROVO Surplus of Provo city utility commission will willbe be invested in n United States treasury bonds it t was decided by the utility board Superintendent Ray said Friday A cash accumulation of for or 1941 is not to be used for calling ailing in utility bonds the board said aid Investment in treasury notes will make the money accessible incase incase in inase case ase industrialization of the Provo area rea makes expansion of the plant necessary Mr explained ex ex- ex- ex It will also eliminate the expense of reissuing the bonds he I said aid The city is remitting immediately for the December 1 payment on the b bond nd issue to the John company Chicago the he third such payment Mr Rin- Rin said I Copies of the utility commissions commission's commis- commis commissions commission's sion's lon's report are available to the public at the offices in the city building wilding |