Business: Investigation

Anxious to know all things, the Federal Trade Commission has court action pending in an effort to force mighty Electric Bond & Share Co. to turn its books over to Commission accountants. What manner of figures the Commission wants was revealed last week when one of their accountants testified. Apart from well known facts on Bond & Share's size, he put great emphasis on the company's profits from fees. In 1927, he stated, Bond & Share received $9,373,172 for supervision, engineering, construction and financing, a profit of 105.4% over the actual cost of...

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