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Show Local Bond And Security ; i: Dealings 1 A break la the lall la aaw bond af-! farlaga le found In the anaacea.eat af an offering of T.llf,44 Interetate Public Service ompany flrat mortgage aad refunding per cent geld bonda, oe-rlea oe-rlea A. due February 1. 1441, at tllh bad la tore at to yield about 4.74 per cent. The I at acetate Public kervlce oompaay aarwa directly ar Indirectly 11' Indiana cemruualilao with aae ar mara c la aaaa of public atllltr nervlco and para tec aa laterarbaa line connecting Indlaaapollo. aad L-autevllla. Over T4 per eont of lta aot laoeaie daring tha twelve moat he ended April It. Itl I. waa derived from electric, gaa and mlecellaaeeua eoarce atber thaa tran apart at loa. Th bonda will ha eeeared hy a ort-gage ort-gage cavarlng aa a direct Ilea all flaed property aaw owned cr hereafter beau be-au I red bp the company. Tha asertgage will ha a flrat mortgaf aa electric, go aad water pro nan lea valued by cramming cr-amming one moor a at aa amount largely la eiceea af all flrat mertgna and ro-fuadiag ro-fuadiag kaad t ha preeently ouutaad- lag. Nat taoome far tha twelr atoatha On dad April I. 111. waa 1.414.44. aa com pared with aaa aal later eat requi rename re-name oa th total mortgage debt to ba autetaadlng mt 1444.444. Tha company la controlled through etock awaerahlp hp the Middle Weot U til I tie company, thua bringing the management aader the.dlrectloa of Sara-aot Sara-aot Jnoull and naaenlatea who have hoea eaoeoaoful la th development and aa-aratioa aa-aratioa of public atllltr properties. |