Business: Miners on Wall Street

Wall Street is hardly the place where striking unions usually look for allies, but the United Mine Workers last week tried to organize some support there. As Duke Power Co. of North Carolina prepared to offer 4.5 million shares of new common stock, the U.M.W. spent $8,666.88 to buy a full-page ad in the Wall Street Journal's Eastern editions advising investors that the shares would be a bad buy. The ad quoted at length from testimony before the North Carolina Utilities Commission last October in which Duke President Carl Horn Jr. said that "Duke...

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