Show ELECTRIC CO transferred san francisco cal dec I 1 almost oil of the stock of the san francisco gas and electric company and the california gas and electric corporation of this city lias virtually passed into tha control ot the banking firm of N W hakey co of now york the negotiations for this deal have been pending for some time and the preliminary arrangements for the transfer of control were completed today in this city it Us been stipulated that about 80 per cent of the stoc should be de day with the union fiust codopony coro pony to bo paid for on a basis of 23 per share against this deport of lock tho new york bankers placed a substantial forfeit when N V halsey met the officials of the local companies today it was found out of shares had been turned into the pool the shares are owned by minor and court sanction must be obtained before they can transfer their shares N W helsby co have until may 1 to pur chae th stock and tho amount of money tant will change fiands will be in the neighborhood of |