Nine months ago, thin-faced, two-fisted Oilman Edward L. Shea left the vice-presidency of Tidewater Associated Oil Co. to head a $940,000,000 utility holding company system, Harrison Williams' North American Co. Oilman Shea knew he was moving into a trouble spot. Firecrackers had exploded under North American for nearly two years, and one of the new man's presumptive duties was to stop the noise. But the explosions did not even taper off. Last week they threatened to grow louder.
The explosions came from St. Louis, where the $257,000,000 Union Electric Co., one of...
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