ANNUAL REPORT TO STOCKHOLDERS FOR THE YEAR ENDED DECEMBER 3 I 1933 THE POWER CORPORATION OF NEW YORK " c«i««l« w„fc .„/„„7 "'^™"»'''«"" 1» "01 transmitted "•OolWIw for .„rt „„, " •* '«"«l. «r «Kli .„, pr,ll„,„.^ ^1 1 0,^0 NIAGARA ■■ HUDSON