Time Clock, Dec. 27, 1954
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POWER PROJECT on the St. Lawrence, part of a joint U.S.-Canadian plan to develop the seaway, will he financed by one of the biggest bond issues ever. The U.S. share alone, which will go on public sale this week, will come to $330 million. The Aluminum Co. of America has already agreed to buy about one-third of the U.S. output for its upstate New York plants.
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