Few men are in a better position to know the facts about public utility enterprises than Samuel Insull of Chicago, President of the Commonwealth Edison Co. of Chicago, which controls the entire electric lighting business of the city. Accordingly, when Mr. Insull expressed his opinion regarding the recent astonishing speculation in utility stocks, the stock exchange hearkened and gave heed.
Although most of the capital now invested in utility enterprises is in actually operating companies, the late financial hubbub has occurred in the shares of holding companies. According to Mr. Insull, such holding-company...
To continue reading:
or
Log-In
