$250,000,000 for Expansion Ready for Loan Washington, Nov. 3. The Reconstruction Finance Cor poration is ready to lend private utility companies about $250,000,000 to finance the expansion of their properties in the interest of the Administration's national defence power programme, according to Mr. Jesse Jones, chairman of the Corporation.
A number of large bankers, he added, had revealed that they were willing to ce-operate with the Corporation in its financing programme, which was estimated to require about $1,000,000,000.—Reuter.
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