| Show POWER REPORTED NEW YORK July 23 AP At AP Negotiations are un under er way for fol the tIme purchase of time the the National Electric Power company by bythe bythe bythe the Insull Interests of Chicago the New NewYork York Times says fays today Officials of the National company have declined to comment com corn ment on the tile r reported transaction The National Electric Power company controls control public utility properties with vitI an asset aset value of Including the Penn Central Light and Power Cumberland County Power and Light LIht Portland Kansas Electric Power Eastern Kansas Power North Northwestern western Public Service Southwest Power Ohio Electric Power and Michigan Michigan Michi Michl gan Power Pow r companies In the event that the deal Is completed com coin It Is understood that control of the National SSI system em will wi pass to time the Middle Iddle West Utilities company |