INCREASE OF INVESTORS.
Amazing figures are those disclosed by Dr. Julius Klein, Assistant Secretary of Commerce, in that the number of Ameri- cans with investments in business enterprises of the country has risen from approximately 2,000,000 before the world war to 17,000,000 to-day. A compilation by an important banking house shows that of these 17,000,000 investors some 8,000,000 have placed over twenty-five thousand million dollars in the public utility business of the country, exclusive of steam railroads. It is estimated that nearly four thousand million dollars additional investment will be required in this field during the next five years, the reason being that one third of the population still lives in un-wired homes ; more than ninety per cent. of the farms are not yet served by power and light companies, less than two per cent. of the total railroad track mileage is electrified, while lighting of the country's highways, airways and airports has little more than begun.
New York, Wednesday, July 81st. IVY LEE.
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