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Laclede Venture Corp.
Laclede Venture Corp., a wholly owned subsidiary
of Laclede Development Company, offers services for the compression of natural
gas to third parties who desire to use or to sell compressed natural gas
for use in vehicles. Laclede Venture Corp. also has a 28.5% interest in
the LBP Partnership, a general partnership which previously engaged in research
and development of light beam profiling technology. There is presently no
book value and no effect on earnings is anticipated from this partnership
investment.
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