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Show California Finn Bids for So. Utah Power According to word received here today, the California-Pacific Utilities Co., San Francisco, California, Cali-fornia, submitted a bid on Tuesday, Tues-day, March 21 for the purchase of the common stock of the Southern Utah Power Co. I The bid offer was placed with (Trustee Nathan Smyth of the Washington Gas & Electric Co., in New York City. The Southwest Utah Power Federation had already al-ready submitted a bid to purchase pur-chase the holdings of the company. com-pany. A hearing was begun today in Washington, D. C. by the Securi. ties and Exchange Commission relative to changing a previous order of the commission. This would enable the trustee to sell the common stock of the Southern South-ern Utah Power Company, rather than to distribute the stock to the bondholders of the Washington Washing-ton Gas & Electric Co. |