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WASHINGTON--Securities and Exchange Commission Chairman William O. Douglas tonight reported "Practically 100 per cent" compliance with his request that public utility holding companies submit tentative integration proposals under the holding company "death sentence" provision not later than today.
Expressing gratification with the response, which he said he regarded as "Concrete evidence of the industry's intention to work with the Commission," Douglas estimated that at least five years would be consumed in completing the integration program.
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