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A"-/*?'
'if%
'
#
Monday
Reg. U. S. Pat. Office
Volume
Number 4585
165
New
York, N. Y., Monday, April 14, 1947
Price 75 Cents
Copy
a
General Corporation and Investment News
RAILROAD
Hat
Adam
1947—Month—1945
$1,657,144
1947—3
$1,346,802
ASSETS—
Mos.—1946
$3,916,797
Cash
$4,136,333
Corp.
Annual Report—Ross D.
—
Termination
Siragusa,
Claim
sales
sales
15%
$36,169,851
1945.
This gain
the year
for
marked
the
compared
as
ended Dec. 31,
year
with
$30,533,756
effected in the
was
face
of
severe
over
were
(estimated)
and
(officer's
machinery
life
and
with $711,310
compared
as
net
earnings
this
increase
attained
was
in
spite
insurance)
an
Accrued
Ratio
of
this
1945,
current
ratio
to
assets
1.35
was
to
company's financial stability.
finance the
In order to
is
to
1.62
continued
a
1.
gain
5%
' ,
:
;
production and production
has utilized its bank credit.
A peak of $2,500,000
jjr**ns reached during 1946, was reduced to $1,000,000 before
in bank
Dec.. 31,
ft946.
The $1,000,000 in bank loans outstanding Dec. 31, 1946, were
irely liquidated Jan. 15, 1947.
future production schedules necessitate additional financing,
ijevev; the company enjoys a substantial line of credit with three
4^&Jor banks—and it is to be expected, therefore, that funds will be
f
Aibjpuld
forthcoming promptly, when and if required.
the
to
contracted
acquire
the
plant
of
which
will
the
Admiral
taken
recent months
radio sets..
small
CONSOLIDATED
Federal
Net
—;
before
Fed.
taxes
Co.,
Woodcrafters
out
Shelbyville Cabinet
April 1, 1947.
Another plant,
located at Harvard, 111., will
on
and
1945
1943
1944
-
•
1,618,482
Dividends paid or
1,471,631
2,135,657
$711,310
$723,969
ASSETS—Cash,
of
cost
BALANCE
DEC.
renegotiation
$79,650;
Net
Other
after cost
packing,
istrative
refunds,
Federal
taxes
$357,535;
on
provision
income
(subject
Frov.
Net
$861,408
general and admin-
319,237
$542,171
$522,235
26,901
-
deductions
Federal
-V.
$2,424,417
and
1946
C.
•
V
v
taxes
on
common
22,967
332,163
—$326,484
26,031
$213,510
30,267
145,6*54
$1.19
—,s.
$0.75
——
._
stock
Earnings per
.
26,470
$568,641
138,732
profit for the year
on
preferred stock
common
-
~
201,021
income.
on
$549,136
21,632
;
Dividends
share
-—
$216,959
"
A.
v
f
elected
,
Wood,
and
v
.
General
reserve.
•_
2,268,986
933,334
*
$5,597,003
165,
•
$2,834,844
1445.
p.
s
Ambassador Hotel Co. of Los Angeles—Tenders,. Etc,—
;
The
>
tarily
assented
to
this proposal.—V. 165,
p.
1582.
The
The
called for
to
enable
the
For
tenanrs'
For
insurance
redemption
interest
sinking bonds,
with
the
ended Jan. 31, 1947i
The distribution '
after which $884,289 remained on deposit
required, under the terms of the Trust
to set up certain reserves, viz.:
co-trustee
For retirement
Total
i$»ue
to
months
six
April 1,
on
For taxes
Thi$
co-trustee
the
for
made
was
with the Bank of America National
co-trustee under the Trust Indenture
sinking fund bonds, sufficient funds
pay to.the holders of said bonds 2Vi%
income
Montreal, Canada, and the series B bonds at The National City Bank of
New York, paying agent, - New York, N. Y.—V. 163, p. 2989.
mortgage 3%%
deposited
Association,
mortgage
Savings
the
Indenture,
has
company
Stock and Bond
who
is
income
of
mortgage sinking
deposits—
rent
assessments
reserves
on
fund
bonds.—
$286,878
'
2,850
i
premiums
and
cash
1947,
16,678
.
deposit
i:
—
577,883
with co-trustee
$884,289
—
-
Quotations
,
Stock Exchange
New York
New York Stock Exchange
New
During the current six-month period ended Jan. 31, 1947, the co¬
purchased for retirement bonds in the principal amount of
$212,800 at a total cost of $210,814.
The average price paid by the
co-trustee for these bonds was approximately 99, or $990.66 per $1,000
; bond.
-<•
Stock
28
33
37
37
---38
38
39
39
(Bonds)
Exchange
Boston Stock Exchange
Chicago Stock Exchange
Cincinnati Stock Exchange
Cleveland
Detroit
Stock Exchange
Stock
—
Exchange
39
—40
40
Los Angeles Stock Exchange
Philadelphia Stock Exchange.
Pittsburgh Stock Exchange
St. Louis Stock Exchange
Sail Francisco Stock Exchange
Stock
Montreal
Montreal
Curb
..
INCOME ACCOUNT FOR YEARS ENDED JAN. 31
17
(Stocks)
York Curb Exchange—
Baltimore
40
41
42
Exchange
42
Exchange
1947
-
43
Toronto Stock Exchange—Curb Section
45
46
Over-the-Counter Markets
Transactions New York Stock Exchange
Transactions New York Curb
Stock
and Bond
28
28
Exchange
Averages
-28
_
Miscellaneous Features
$1,192,042
211,845
106,272
14,756
...
—
Net
profit
♦The
ended
tax
—
substantial
Jan.
31,
decrease
,
„
.
t
.
,
,
ASSETS—Cash
trustee
under
in
Act of
Federal
taxes
on
income
1945.
'■f. V,'—-/:...
V:
bank
of
for
the
year
-v
BALANCE SHEET, JAN. 31, 1947
in
terms
$270,389
the repeal of the Federal excess profits
is due to
1947
by the Revenue
588,780
$664,042
—
'
'
1946
Operating profit
$1,325,887
Bond interest—!93,160
Depreciation
104,680
Amortization of bond expense...
11,178
♦Provision for Federal taxes on income
352,826
and
trust
on
hand,
indenture,
-
$211,810; funds held by co¬
for payment of insurance,
bond interest, bond retirement, etc., $873,022; accounts receiv¬
trade (less reserve of $10,000), $121,371; inventories (at cost),
land, buildings, equipment, etc.
(after reserve for depre¬
ciation
of
$917,606), $4,426,805;
deferred expenses, $95,516; total,
$6,064,031.
.
,
taxes,
able,
$335,507;
.
Exchange
Stock
.
accrued liabilities,
including salaries and wages, $70,609; guests' and sundry credit bal¬
ances, $5,772; real and personal property, year 1946-47, $60,208; social
security and withholding taxes, $33,934; Federal, State and city excise
taxes, $23,468; Federal taxes on income, $400,000; interest payable on
bonds (at rate of 5% per annum), $93,925; lease deposits and advance
rentals, $4,751; reserve for replacements and renewals (china, silver¬
ware,
glassware, and linen), $5,147 income mortgage sinking fund
bonds, due Feb. 1, 1950, $3,757,000; capital stock (outstanding 57,954
no par shares), $5,795;
earned surplus, $1,526,370; total, $6,064,031.—
v. 164, p. 1861.
—;• * .v,-. -■
LIABILITIES—Accounts
payable
(trade), $77,052;
General Corporation & Investment News.Cover
Federal
"r:-Established 1922
-58
—
Teletyvf
Trading Markets in
49
47
50
—49
...
Rates
Over the Counter Securities
Reserve
Federal
Reserve
System
t
w
.
Members New York
74
50
Security Dealers Association
Trinity Place, New. York 6,
N. Y,
'
Listings
N.
Troster, Currie & Summers
50
Banks
Condition Statement of Member Banks of
-
.
NEW YORK 4,
Bell
and
securing
on May 15, next, $907,000
due 1974 (including $312,000 of
series A and $595,000 of series B) at 101.76 and interest.
The series
A bonds
will be redeemed at the National Trust Co., Ltd., trustee,
of first
has
company
Trust
Aluminum Co. of Canada, Ltd.—Partial Redemption—
Combined Condition Statement of
Company
$3,768,178
.
Dividends Declared and Payable
DEPARTMENT
Telephone• HAnover 2-2600
$5,597,003
■„
.
Foreign Exchange
STREET
$438,067
Manager.
The Course of Bank Clearings
Municipal Bonds
30 BROAD
k.——/ • $632,301
who formerly held the
Vice-President
Notices
&
$7,072,915
1,475,911
$6,037,164
189,082
Redemption Calls and Sinking Fund
FLORIDA & NEW JERSEY
qAllen
$627,149
105,000
Bank of America, N. T. S. A., co-trustee; 660 South
Spring
office of Secretary, has been {■h Street, Los Angeles, CaUf., will until the close of business on April 17,
E. A. Johnson, Comp¬
4 1947,Zreceive bids for the sale.tp it,of. income mortgage- sinking fund;troller, becomes Secretary.-*-V. 163,- p.- 22854 *
. .. . v-- »
* •v bonds dated Feb. 1, 1935, to an amount sufficient to exhaust the sum
'../5v'*■
P.-'
of $286,878 at a flat price not to exceed the
price at which the bonds
may be purchased fh the open market, but not in any event at a price
Allentown-Bethlehem Gas Co.—Interest Rate Reduced
to exceed the redemption price of said bonds..'_
The SEC has approved the company's plan to reduce the interest
All bonds covered by accepted tenders' must be in the hands of the
rate on $2,415,000 first mortgage bonds from 3%%
co-trustee not later than the close of business on May 1, 1947.
to 3% effective
March 1,
1947.
The bonds are owned by five life insurance com¬
Eris C. Pepys, Secretary, on March 31 said in part:
panies and two savings banks.
The holders of the bonds have volun¬
Wm.
State and City Bond Offerings
SPECIALIST IN
MUNICIPAL
$737,301
stk._
pfd.
on
Allied Gas Co.—Distribution of Stock—Earnings, Etc.
:
-
42,950
—See Great Lakes Utilities Co. below.
tAfter
in 1945.
.7 7;.. 7:::-./
':7 7/, .:"\'777-:'
New Vice-President^ Etfc-:
Toronto
—
355,248
income
Dividends
1945
' -
$377,483
goods sold—
profit from operations
for
Report—
1946
of
shipping,
expenses
expense
in
$244,139
series
.
Total
Other
of
notes,
Treasury
or
Calendar Years—
sales
936
-
92,680*
64,281
233
823,188
$2,483,683;
$103,786),
Aetna Ball & Roller Bearing Co.—Annual
Selling,
depreciation
S.
60,051
7,723
145
trustee
for loss on
to final de¬
termination by Treasury Departments), $1,811,571; reserve for fluctua¬
tion
in
foreign exchange, $3,811; reserve for warranties, $184,028;
minority shareholders' equity in
subsidiary company, $21; common
stock (par value $1 per share), $900,000; capital surplus, $1,607,265;
earned surplus, $3,282,372; total, $12,816',986.—V. 164, p. 3281.
for
7^
U.
'
5,004
Balance
1946
31,
(after reserves for depreciation
insurance
premiums,
$65,751;
tools and dies, $404,444; sundry deferred charges, $21,400; patents and
license, at cost (amortized to date), $8,929; total, $12,818,986.
LIABILITIES—Notes payable, banks (paid Jan. 15, 1947), $1,000,000;
accounts
payable, $2,641,327;
dividend payable, $112,500;
purchase
money obligation, due within one year, $64,563; employees' withholding
tzx deductions, $86,433; accrued wages and salaries, $180,437; accrued
faxes other than Federal income, $366,484; other accruals, $140,990;
commitments,
for
'
.
$300,000
243,862
-
J3r5,137
$2,254,395
deducting
in
SHEET,
*$1,625; property, plant and equipment
of
$320,531),
$1,089,337;
unexpired
prevision
94,176
Dr5,137
(at7 cost)
4,197,056
$9,058,498
2,864,373
disct.,
Appropriation to special property
243,104
r
reserve
debt.
debt
Balance
-
586,554
913,960
stock
declared, $225,000.
accounts receivable, trade (after* reserves
$2,695,265; merchandise inventories
at the
market, $5,923,715; investment in capital stock of
Armitage-Hamlin Corp., at cost (44.22%
ownership), $111,822; due
from
officers
and
employees,
$13,016;
sundry
accounts
receivable,
of
losses
502,860
$20)
4,250,623
Net income .—■«—'
19,906
surplus
♦After
of
3,472,387
$868,439 $10,089,096
233,333
2,913,179
$983,314
and expense
deductions
Dividends
68,828
253,464
(par
341,362
3,002,488
628,193
.
long-term
on
Other
$372,809
CONSOLIDATED
lower
stock
585,193
3,166,750
1,56'5
stock
(par $1)
3,498,950
48,766
729,072
excess
income
Amortiz.
725,824
$1,888,625
profit
Int.
cabinets.
console
$36,169,851 $30,533,756 $40,659,804 $14,149,513
3,507,107
2,182,941
2,859,626
1,098,633
taxes
1
turn
Corporation,
1946
Wet sales
Shelby
RESULTS FOR CALENDAR YEARS
"•*
Profit
over
in
acquired
e&cunble
also
preferred
preferred
288,675
ac¬
-
recently acquired Chicago Cabinet Corp. is devoted exclusively
production of console cabinets.
Current output is more than
thac at the time of its acquisition.
The company has recently
The
double
Gross
<'32,164
165,000
1,164
Total
*
er-ypany
'
64,642
of
304,630
48,766
plant
345,320
270,787
surplus
Treasury
the
^.cillties reflected in all the foregoing figures and developments, the
stock
Paid-in
Earned
depreciation
of
profits taxes
;
$142,971
35,059
income taxes
retirement
convertible
Common
For
in
.
greatly increased
for
»
liabilities
current
1—reflecting
payable
liabilities
Reserve
1946, production in the appliance division had been placed on a
profitable basis and it is confidently expected that this division will
show a profit lor 1947.
v.—;;
At Dec. 31, 1946, the company enjoyed a net worth of $5,789,637—
xvhich amount represents the excess of all assets over all liabilities.
JThe comparable figure for 1945 was $4,126,025.
for Federal
refunds
'
$2,588,589 $34,439,564 $32,410,290
754,515
12,848,951
12,338,497
1,110,210
adjusts.
prcm,
payable
Reserves for retroactive pay adjustment
Employees' bond purchase account..
$800,000 loss before taxes. ($500,000 after taxes) for
company's Appliance Division—a loss directly attributable to the
worldwide shortage of steel and other difficulties in getting into pro¬
duction
with refrigerators and ranges.
However, before the end of
."
General taxes
$2,424,417
$123,422
...
1947—12 Mos —-1946
1947—Month—1946
r
$3,178,993
Federal income &
8,592
21,093
398,452
$2,254,395
payable
for renegotiation
Reserves
the
'
quis.
401,980
23,722
514,174
equipment
for
Amortiz.
50,711
LIABILITIES—
for
of
Prov.
Federal
Total
Co.—Earnings-
revenue
Operating expenses
447,708
rebates
499,651
5,424
value
Alabama Power
Period End. Feb. 28—
Gross
141,303
11,241
buildings,
Accounts
approximate
Net
claims
renegotiation
taxes
surrender
tLand,
the
*
bonds
220,755
Reserves
to $1,888,625
preceding year.
It is
noteworthy that
amounting
for
for
Cash
charges, net earnings for the
2Vi times greater than those of the preceding year—
<
'
refund
company
year
to
tax
Prepaid expenses
production and distribution facilities.
After
providing for all necessary
••
profits
■;/
MISCELLANEOUS
-
1945
$819,934
134,644
Inventories
net
of raw materials and component parts and is evidence that
is meeting peacetime conditions with highly efficient
shortages
the
than
more
being
07;
1946
$979,428
■
hand
on
receivable—net
income
of
increase
sales
A
1946—net
excess
Accounts
President, states:
and
INSURANCE
-
SHEET, DEC. 31
"7" v"
..."
' '
;~r~:
banks
in
Postwar
165, p. 1445.
Admiral
INDUSTRIAL
-
BALANCE
Stores, Inc.—March Sales Up 1.6%—
Period End. Mar. 31—
Bales
—V.
PUBLIC UTILITY
-
1-573
on
Telephone HAnover 2-2400
New York Stock Exchange
and the Curb Exchange
During 1946
——51
Private Wires to Buffalo
Teletype NY 1-376-377
Cleveland Detroit Pittsburgh St. Louis
'0
.
w
'
THE COMMERCIAL & FINANCIAL CHRONICLE
(1994)
2
sold $40,000,003 3'/c* sinking fund
debentures, due June 1, 1966, and 400.000 shares 3Va"t
cumulative
convertible preferred stock'of $100 par value. The net proceeds from
In
the
1946,
June,
company
financing were $79,270,726.
this
-OA. %%%'.' B
■
assets amounted
compared with current liabilities of $20,261,437.
of
As
Dec.
31,
$55,340,431
to
current
1946,
J
/
-
as
per
Sixty-one and eight-tenths per cent of the stock of American Over¬
Airlines, Inc., is now owned by American Airlines, Inc., at an
seas
tnousand
cost of $1C\77 per share. Seven hundred twenty-one
seventy-nine additional shares were purchased during
average
and
at
of
cost
a
the year
$8,652,948.
"CONSOLIDATED
1945
1945
Passenger
$53,746,001 $37,317,430
Mail >t————:
3,269,052
5,981.051"
Express"
1—
i~2,083,367
2,417,105
Freight——
—
.
2,860.460967.468
*
Operating
revenues—
—
-
is
.
.
indication,
every
this
that the company's volume
he said,
Total
revenues
$68,083,434 $47,416,000
—
—.—
—
Operating expenses—
Flying operations
——-——
Ground operations __————
Maintenance and repairs—
service
Passenger
9,505,913
6,984,297
7,326,852
5,451,686
7,455,627
2,156,229
;
14,215,942
12,887,143
14,501,073
3,417,191
4,494,019
1,592,955
publicity—
and
Advertising
Retire.
Benefit Plan & otner employee wenare
4»o,oJ.V
Social
security
768,160
438,561
4,621,343
2,927,363
5,849,024
1,925,182
*$313,315
12
la:.t
heavier
products, stockholders were-told.
Mr. Figgis pointed out that tin mill products cant nue to be scarce
in relation to the tremendous demand, but stated that he has every
hope there will be adequate receipt; for the allocation plan developed
by the company as a means of fairly distributing among its cus¬
demands
its
for
available
the
materials.
BB
of
"
obsolescence
for
provision
Balance
1
259,863
——is
131,767
discounts on
purchases, etc.—
BBy-y % :
Cash
Total
American
voted
for
approval
Hydraulics,
Inc.,
the
proposed
Wis.—Files
Sheyboygan,
of
Amortization
Loss
The
deductions
Other
Provision
from
for
121,620
3,800,000
tFederal
tax
refund
resulting from
"v>. back" provision of the tax law—
CrG35,0G0
registration statement
dividends
the
1,280,495.
—
t$l,280,COO less portion thereof
♦Loss
$4,339,453
649,444
paid—_.
dividends
Common
($645,000)
credited to reserve
" \\
SHEET,
DEC.
165,
13
with the SEC July
filed
2-6611)
prior preferred stack and
($100 par)
withdrawn.
abandoning
stock, has been
the reason ior
1718.
p.
CONSOLIDATED
INCOME
ACCOUNT
U.
Government
S.
Profit before
charges-—
Government
Canadian
receivable
Accounts
Federal
226.250
~—:•
under
receivable
refund
tax
provisions of the
back"
tax
7,191,128
Total
Adra.
$5,436,090
$5,0i8,800
$5,003,364
1,507,118
1,456,683
$,x<0,8yd
H,all,Oil)
$7,853,528
income
$6,475,483
$7,174,222
$8,347,160
629,867
576,068
565,977
and gen. exp., etc.
S.
U.
and
foreign
777,458"
The
9,111,263
"carry¬
1,992,344
depiet.,
987,481
1,552,124
1,631,659
(net)
res.
896,421
1,365,032
1,546,837
1,213,830
*433,536
—
316,740
38,989
materials and supplies,
lower of cost or market—
of
holders
Other
Overseas
/>r3,876
the
at
cost I
(at
in
invest,
planes
U.
651,000
325,2b9
—
with oper.
lib,<21
894,000
(at cost)
acquisition of
with
air¬
engines—
and
S.
897,921
3,000,000
1,351,000
cost)
_———_—
connection
connection
Deposits in
1,895,781
§11,427,276
—
(at
Inc.
securities,
Government
'
amortized
at
205,951
194,675
Other
674,970
667,115
800,035
847,110
interest
taxes
500,000
contingencies—
2,408,104
228,804
—
realizable
value)
insurance
debenture
Unamortized
deferred
Other
33,786.270
5,891,866
11,079,051
3,797,682
21,320
prepayments
933,797
and other
discount
expenses—
and
613,933
231,617
•_
,
Prepaid rents,
110,837
—
Long-term
operating
property
(less amortization) ———_
212,936
599,283
expense-
charges
LIABILITIES—
Air
payable
Accrued Fed. inc.
Other
accrued
accrued
Other
taxes
on
3%
conv.
Paid-in
revenue
252,870
$100 per
sh.)
614,117
428,980
—
a
»
6,159,654
6,267,434
12,520,392
by
shares
of
tAfter
$1
reserve
$39,077 in 1946 and $133,227 in 1945,
of
reserve
$225,672.
([After
par
13,422,303
reserve
value
for.
and
in
doubtful
by
of
tRepaid March 8, 1946.
§After
obsolescence and depreciation
for
$12,400,162 in 1946 and $7,753,720 in 1945.
**After
depreciation of $3,772,270, in, 1946 and, $3,045,297 in 1945.
NOTES—At
1945
accounts-
of
U r,
;
•
Dec.
mentioned
aggregate
in
expenditure,
Note
in
6,
such
addition
commitments
to
deposits
and
will
involve
payments
an
made
during 1946, of approximately $51,000,000 of which, it is anticipated,
approximately $35,000,000 will be expended in 1947 and approximately
$16,000,000 in 1948.
Dec. 31, 1946 the company was guarantor of a bank loan pay¬
by American Overseas Airlines, Inc. in the amount of $5,000,000.
This loan matured March 3, 1947, on which date the company loaned
At
able
$3,000,000
holders
The
of
obligations under an airplane purchase agreement involving
contingent liability of $9,600,000 at Dec. 31, 1946.
a
maximum
In
February 1847 the company entered into an agreement with
Republic Aviation Corp. terminating a contract entered into in 1946
for the purchase of Republic Rainbow
airplanes.
Pursuant to the
settlement,-the company accepts in lieu of the return of the $2,433,333
cash deposits made with Republic (of which $2>I29,167 were made in
1946 and are carried as an asset on the accompanying balance sheet),
certain notes of Republic an the principal amount of $1,700,000 and
participates at an estimated cost of $750,000 in settlement of sub¬
contract
claims
estimated
anticipated
the
at
against Republic.
The resulting
approximately $925,000
Federal income tax
1947
"Reserve
for
Transition
p. 1446.
to
shares
dividend.
capital
the
with
of
record
issuable
The
after
credit
SHEET
AT
DEC.
$14,209,728;
of
stock
shares
to
of
account
be
The
the
loss to the
taking
will
Peacetime
into
be
to
and
on
by
bearing
will
of
one
executing
interest
retired
be
rate
first
165,
line
from
to
stockholders'
annual
meeting
held
on
p.
from 500,00U
1718.
Commission
under
the
company,
consideration
charged in
Operations."—V.
1947
165
of
sales
total
greater
Corp.,
recognized
will
quotas
America
be
which
has
increased
for
Corp.
world-wide
cost
a
of
financed
$326,335,
the
of
ice
service
remaining
is
as
shipping.
each,!
4%
and
the
material
the
he
Securities
used
other
in
construction
Blytheville,
to
and operates
at
of
projects,
110,000
a
volt-
Arkansas.
and
registration>.
,
ice plants having a combined
Two communities in Arkansas are provided
retail from
plants
six
one
seven
is
sold
of
the
local
to
plants and the output of the"
distributors.
YEARS
'
:'
$2,965,558
667,944
FOR
i
$2,647,349
STATEMENT
1945
1,199,253
634,225
Operating
582,579
ENDED
revenues
its
own
sales
Power
woolen
domestic
Maintenance
147,525
Depreciation
Taxes, other than Fed.
income
Federal
textile
deal
consumption
and
Net
profits
operating income,
charge in 1945
in
1947—Month—1946
Sales--
"
$716,401
$734,820
Berglas Bros.,
165, p. 1858.
1947—2 Mos.—1946
$1,088,157
before
deducting
$578,584
subsid.
sold in
co.
1945
$424,91i
14,54"
.
2,942
6,
$581,526
Special
80,518
Cr870
522
long-term debt
on
net
$445,9S7
69,408
1945
Amortization
of
—r
spe¬
income, before deducting special charge
Interest
.
97,600
229,900,
-
:
*
(net)——
income
Gross
165,901
119,643
tax
cial
received fr.
145,763
151,870
profits-
excess
283,500
■
debt
of
premiums
charge
BB.
less amortization
expense,
received
amortization of redemption
premiums and debt exp., equiv. to estd. Fed.
tax reduct, resulting from bond refdg. in 1945
'
'
General
for
interest
ineome
108*000'
9,865
4,365
12,632
1
deductions
1,800
income
*Net
on
preferred
Dividends
on
common
Earnings per common
*At
stock
the
mission's
rate
in
company
plan
this plan been
above for that
1946
of
as
agreed
Jan.
1,
the
to
1947
for
adoption of
its
year,
and
supplies
$13,844;
total,
SHEET,
DEC.
1st
reported
1946
31,
uncollectible
at cost),
$7,043,253r
proceeds from sale of,
customers' and other
accounts of
(price at average cost),
$9,063),
$122,275;
$227,100; prepayments,
mortgage bonds, series A, 3V8%, due Dec. 1,
bonds,
mortgage
payable to
from
March
30,
1948 to
common
stock
(par value
$500,000;
Com¬
customers.
$7,625,171.
LIABILITIES—1st
$2,000,000;
that
as
would have been materially reduced.
(after reserve for
accounts
materials
Arkansas
in effect for the year 1946 net income,
notes
series
2%%,
B,
due
June
1.
1974^
1976,
U. S. War Assets Administrator, quarterly
March 30; 1952 (non-current), $222,248;
$5 per share), $830,C25; paid-in surplus
note payable to bank, 1%% (due
payable to U. S. War Assets Admin¬
payable, $132,979; customers' de¬
posits. $202,165; accrued taxes, $510,062; accrued interest, $17,984;
net premium on 1st mortgage bonds, in process of amortization, $26,064;
earned
1947),
9,
in
$853,923;
surplus,
$165,000;
1947,
notes
$39,220;
customers' advances
accounts
for construction,
etc., $7,538;
reserve
for deprecia¬
aid of construction, $10,827;
1310; V. 164, p. 2954.
tion, $1,562,384; contributions in
$7,625,171.—V. 165, pp. 1722 and
total,
,
,
Arkansas-Missouri Power Corp.—Successor Issues Re¬
port—
See
V.
Arkansas-Missouri
164,
Power
Co.
above.—V.
165, pp.
1722 and 1310;*
2954.
p.
Arkansas Power & Light
A
Co.—Earnings—
1947—Month—1946
$1:445,343
Oper.
1947—12 Mos.—1946
taxes
retir. res. approp/
of
lease
—
Other
Other int.
its
Int.
•
Gross
Iht.
on
income
Misc.
res.
of
$333,091
$4,184,979
$3,525,35?
15,750
306,000
189,000
$3,878,979
1,697
917
24,112
$3,336,359
100,272
$318,258
$3,903,091
$3,436,631
$317,341
78,125
937,500
deducts.-
11,092
5,871
116,893
937,501
34,932
construct.
and
to
1,022,4261
$342,011
—
Crl8,731
Cr5,719
Crl53,217
Cr69,480
13,000
39,000
231,000
78,125
tntge, bonds.^w
chgd.
974,797
$340,314
—
(net)—
income
March 31 said in part:
Effective as of Jan. 31, 1947, the place of organization of Arkansas*
Missouri
Power
Corp.: (a Delaware corporation) was changed from
the State of Delaware to the State of Arkansas by transferring all
1,075,902
102,678
plant
Operating Income
,
1,120,883
28,750
taxes
for
7,880,592
493,351
92,701
86,658
-—
Prop,
1,605,790
737,502
taxes
Other
$13,997,639
8,505,678
147,759
112,005
excl.
610,869
140,114
revenues
exps.,
$1,287,098 $16,392,127
$369,064
Operating
(net)
properties and assets to Arkansas-Missouri Power Co., an Arkansas
corporation formed for the purpose.
The plan to change the place
of
organization was approved by the board of directors and the
stockholders as well as by regulatory authorities having jurisdiction.
Under the plan, the new Arkansas corporation, in consideration of
$3.00
ASSETS—Utility
plant
(tangilbe
property,
special deposit with bond trustee (representing
1st mortgage
bonds), $91;030; cash, $127,699;
Rent
Arkansas-Missouri Power Co.—Annual Report—Plans
to Place New Debentures Privately—Jas. Hill, Jr., Presi¬
166,165
share
$1,225,230
165, p. 933.
—_
stock—
the oral request of the Public Service Commission of the State of
Arkansas,
Had
$244,707
30,080
99,699_
$1.47
$498,556
Dividends
makes
with
specialists.—V.
and
tax
excess
;
163,701
inc.
Period End. Feb. 28—
this
"
31
.
purchased
istrator
agencies
DEC.
Operation—
.
in
associated
Period End. Mar. 31—
on
over
$13,073.40
an
order
cancelling the company's
Utility Holding Company Act of 1935.
INCOME
Sept.
Deal—
Angerman Co., Inc.—March Sales Decreased 2.5%—
dent,
which the
a period
of
balance
notes
issued
Public
company owns
Federal
—V.
to
per annum and
due quarterly
presently, contemplated that these
1948 and that a portion of the line
to
daily capacity of 212 tons.
etc.,
Corp. was founded in this country for export and import trade by a
prominent English banking .group.
.BVBB-."-B'-BB'B
r
American Woolen Co. has a backlog of about $75,000,000 worth of
orders and last year reached gross sales in excess of $170,000,000.
The percentage of American Woolen's production
to be set aside
for the export trade at this time is yet to.be determined. The outgoing
Drake
equal
stockholders.
Exchange Commission issued,
an
order modifying its integration order of Jan.
24, 1944; to provide
that the company would not be required to dispose of its ice propertiesand certain portions of its electric properties.
On Feb. 28, 1947, the
special operatives throughout the world, will be the sole export repre-'
sentative of all
types of American Woolen's goods.
Drake America
possible
the
is
Paragouid
(he
1947,
of
during
expected
BALANCE
entered into an exporting agreement with the
15 Broad St., New York City. This is the first
ior foreign sales representation ever made by American
Woolen Co., the announcement said.
ratio
of
ac¬
company has
America Corp.,
America
will,
with
shares
amount
an
distributed
installment
It
dismantled
is
29,
20
1847,
30,
be
will
which
Jan.
the
at
beginning, June
com¬
unconsolidated
corporation shall have the authority to issue
Drake
the
.
were
acquired at
paid $65,367 in cash and
years
Other
arrangement
The
Scrip
connection
of
1346,
facilities
$543,902;
Drake
stock¬
Corporation,
five
Other
1946
31,
plant and equipment,
American Woolen Co.—Sets First Export
I
in
issue
of
shares'
to
such
at
December,
company
of
output of the electric properties of this company for the
week ended April 5,
1947 totaled 89,273,000 kwh., an increase cf
19.08% over the output of 74,981,000 kwh. for the corresponding week
of 1946—V. 165, p. 1858.
the
loan.
its
the
shares.—V.
dividend
166,165
close of business May 31, 1947.
the company purchased from Reconstruction
acting by and through the War Assets Admin¬
istrator, approximately 62 miles of 110,000 volt electric transmission
line
formerly used by War Emergency' Pipelines, Inc. to serve two
pumping stations on
the "Big Inch"
and
"Little
Inch"
pipelines.
In
American Water Works & Electric Co., Inc.—Output—
subsidiary to enable the latter to repay the bank
company has also guaranteed the subsidiary's performance
to
BALANCE
payable
at
the
action,
the directors also declared a cash
dividend of 45 cents per share on the common stock to be
outstanding
after payment of the stock dividend/payable June
16,, 1947 to stock¬
Penoles,
shares
par
no
■,
for
reserve
31, 1946 the company had various commitment*
for the purchase of flight equipment and major items of other property,
and equipment.
It is estimated that, exclusive of the terminated
contract
the
530,000
6,452,836
$128,053,527 $45,857,823
1946
Metalurgica
1,224,585
2,750,000
40,000,000
—
in
tOn
Power
1,959,544
—L—
$5 -par value.
Compania
of
April 8 approved an increase in authorized capital stock from 520,000
to 550,000 shares by increasing the number of shares of common stock
4,064,889
699,664
40,000,000
1966
surplus
of
losses
subsidiary,
payable, $681,677; accounts payable
$10,345,782; dividend payable Jan. 2x, J.947,
$306,146;
stockholders
The
to
6,452,836
•Represented
of
in
the
to
of
va.ue
American Time Corp.—Increases Capital Stock—
384,276
Total
shares
for
subsidiaries, $103,054;
deposits of officers, employees, et al, $3,106,388; provision of United
States
and
foreign
income
taxes,
$2,334,684;
unearned
treatment,
charges, etc., on metals in process including metals being treated on
a
ton
basis
for
others,
$3,160,773;
reserves,
$8,539,8i2;
minority
interest in subsidiary companies, $229,318; 6%
preferred stock ($100
par), $0,637,000; common stock (1,224,585 shares, no par), $.>8,101, < to;
surplus, $14,110,166; total, $87,656,576.—V. 165, p. 933.
389,224
stock
Earned surplus
par
Divs.
liabilities,
which
100*000
907,022
(par
account
curp.us
$2.17
stock.
stock,
4,277,198
618,695
liabilities
preferred stock
$324,314
$1.68
LIABILITIES—Drafts
crued
mon
2,416,542
(1945 and prior years)-
sinking fund debs., due June 1,
•Common
$521,391
$1.55
stocks of unconsolidated subsidiaries.
618,623
—-
Reserve for transition to peacetime operations—
3%%
$357,692
unconsolidated
an
$074,189
$2.01
ASSETS—Cash, $8,612,932; U. S. Government obligations, at cost
(approximately equivalent to amount at mantel quotations), $j,ld3,0uo;
accounts
receivable, $10,671, 218; inventories, $19,579,561; advancesagainst ores,
smelting
materials,
etc.,
$989,553;
prepaid
expenses,
$225,033; receivable from Compania Metalurgica Penoles, S. A., an
unconsolidated
subsidiary,
$126,495;
deferred
accounts
receivable,
loans, claims, charges, etc., $384,421; investments in various mining
and metallurgical enterprises, etc., $14,599,956; investments in capital
$4,291,957
debentures
Unearned transportation
1,836,877
$930,2U6
CONSOLIDATED
5,427,790
taxes-———
interest
Accrued
A„
5,307,825
deposits—
and wages
Accrued salaries
378,229
1,530,731
—
share..
per
'Tncluding
S.
$7,126,677
—
—.
cos.—traffic balances payable——
travel plan subscribers'
398,220
1,224,585
$2,865,247
dividends
dividends
Surplus
(Earnings
.$128,053,527 $45,857,823
Other airline
issuab.e
stock
a
each
on
payment of this dividend is subject to the
approval of' regulatory authorities having jurisdiction.
The
effect
ox
payment of this stock dividend will be the transfer from earned
Federal
1257X03
911,999
Total
Accounts
$3,059,411
$2,296,994
398,220
$2,450,342
398,220
1,530,731
profit
$9,064,669; total, $87,656,576.
cost (approximately market)-.
special deposits
SFlight, equipment (including spare parts and
'.-assemblies)- ;
:
♦♦Land, buildings and other equlpm't (at cost)
Non-operating
property
and
equipment
(at
Other
estimated
stock
program
25-year 31/2%
sinking fund
place at private sa'e.
:/
declared
stock
fractional
any
the
to
construction
company, payable May 15,
1947,
c.ose
of business April 30, 1947.
the
of
of
of
1947
'
v
proposed
expects
13,
common
the
at
heu
stock
common
of
funds.
amount
company
March
of
record
in
payment
Dri. 4,045
200,322
common
consolidated—
not
Airlines,
stock
of
Lsucd
the
principal
the
on
share
a
such
company's
1946
Drll,933
215,819
1,000,000
9,432,626
American
Misc.
subsidiaries
in
Investments
of
of
the
270,454
Cr2,268
Postwar
which
common
with
amort.
write-down of inv.
1,280,000
law—
tAdvance to American Overseas Airlines, Inc.—
Inventories
$1,000,000
one-third
of
$91,000
complete
directors
The
taxes
to
debentures
in¬
Payts. under retirement
annuity
plan
226.250
12,315,732
—
—
—
of
ance
On
1943
1944
1945
$5,346,410
income
Preferred
31,624,649
1
1946,'
31,
held
order
transmission
YEARS
CALENDAR
FOR
1946
Common
1945
(approx. inkt.)—
Mktble. sec., at amortized cost
,
trustee
In
notes
Ltd, (& Subs.)—Annual Report—
$7,998,019 $11,993,858
demand deposits
hand and
on
31
1946
ASSETS—
Cash
B,
Other
BALANCE
CONSOLIDATED
W
proceeds from
iacilities
Net
!
Delaware
the sale of the bonds, $201,000 were used to reim¬
the company's treasury fbr
moneys previously spent on additions
and
betterments and the remainder was
deposited with the trustee
to be withdrawn as property additions are certified.
At Dec.
transition to peacetime operations.
for
to
sale!—V.
proposed
American Metal Co.,
Contingent
*$252,467
—__
(No.
par) convertible second preierred
Present market conditions was given
as
and
——
Registration Statement
—
($100
Minority
profit carried to earned surplus
Net
Preferred
Co.
and covering 100,000 shares each
Deprec.,
225,672
the
burse
These
The
come
—
the
Finance
Locomotive
American
net loss of American
Proportionate interest in
Overseas Airlines, Inc
& Co., Sheboygan, Wis., and Lon L. Grier
Proceeds will be used for new machinery and
Withdrawn—
"carry-
,
a
Heronymus
Co., Milwaukee, Wis.
for working capital.
99,903
taxes
of
cancellation,
of
the company issued and sold to the John Hancock
Insurance
Co.,
$500,000 of
its
first
mortgage bonds,.
2%%
due June 1, 1976', at 101.51 and accrued interest".
Of
Slmujtaneous
•
184,128
—
of
shares
50,000
Underwriters,
B
letter of notification with the SEC
common-stock to be offered at $6 per share;
April 2 filed
$;
Other
100,250
Income
income
Federal
for
exp.
series
the
;
company on
22,211
& equip.
& retirement of property
sale
on
$3,360,981
428,521
and bank loans
debenture discount and
debentures
on
SEC—-
With
74,280'
.
$73,315
—
Interest
,
depreciation
and
—
earned
Interest
-
and equipment-—
CV
V '
property
-B-'-B
"
-
for
shares
Life
Mutual
be
supplementary
retirement plan. Directors whose terms have expired were rc-elccted la¬
the full five-year term. See also V.
165, p. 1857.
stockholders
The
$8,176,10")
110,592
taxes—
General and a dministrative—.—
'
surrender,
outstanding
fcr 1947, estimated to cost
approximately $1,000,000, it wi.l be necessary
to- arrange additional financing.
Present plans contemplate the issu¬
027,008
.
sales
and
Traffic
732,946
1,124,554
the
upon
the
Figgis said, earnings should be sat sfactory.
The company has made very satisfactory progress in the
months toward expansion of facilities to meet tie r.Civ and
Mr.
ments,
—
—
corporation
representing
the
"
Other
Delaware
certificates
corporation.
In July,
1946,
without consideration of price increases made in January, could
well be 50%
above the 1936-40 average. Barring unforeseen develop¬
—
•
year.
There
year,
tomers
YEARS
CALENDAR
FOR
ACCOUNT
INCOME
the
itrstf iquariar-lof 'a^stt pre¬
he/isald/has:
yean
April
$1
•
planning in the can manufacturing business must now be on a
basis of
greatly increased production over that of prewar years,
D. W. Figgis, President, told stockholders at the annual meeting held
on--April 1,.
' "■%
Physlcal volume as well as dollar volume in the first quarter of this
All
vious
22, 194S, the par value of common stock was reduced
share and five shares of new stock were exchanged for
each previous share.
Common stockholders of American now number
34,352, averaging 188 shares each.
No dividends were paid oil the
common stock
during the year.
On
to
t
the
of
American Can Co.—Outlook Satisfactory—
American Airlines, Inc.—Annual Report—
...
Monday, April 14, 1947
net
inc.—
>
.
the
transfer
corporation,
to
it
of
assumed
all
all
the
of
properties
the debts
and
and
assets
liabilities
of
the
the
earned
$271,525
surplus
Delaware
of
Balance transferred to
.
•
corporation,
stock
($5
and will issue and deliver 166,165 shares, of its common
value) on a share-for-share basis to the stockholders
par
stocks
for
$226,981
period
$2,962,915
$2,302,678
608,609'
608',60?
$2,354,306
$1,694,06?
Delaware
Balance
-V.
165, p. 1446.
■
■
'x.::.:
I-——..
Volume' 165
Number 4585
THE COMMERCIAL & FINANCIAL
CHRONICLE
Astor Zipper Corp., New York—Files With SEC—
1:S
The
for
company
87,500
Kidder
for
April
on
shares
& Co.
of
Stock
filed
7
be
letter
a
stock
common
will
offered
working capital.
of
"
ontiflcation
50c).
(par
at $3
the
with
Underwriter,
share
per
and
'
v
the
M.
used
.
and
Atlanta Gas Light Co.—Proposed Distribution of Stock
—Charter to Be Amended—See Consolidated Electric 6c
Gas Co. below.—V. 165, p: 678.
to
fixed
attached
American
for
the
of
Gas
Electric
Ss
Co.
is
City
American Gas &
Electric.Co. at its office,
N.
a.m.
Y., before
11
(EST)
April
on
annum,
the
to
bonds
declared
pajaoie
the
become
payable
on
fact
void
contingent
the
on
thereon.
dated
later
that
Billiard
as
due
dates
thereof
earned.—See
if
no
thereby
V.
165,
also
30 Church St.,
15,
1947.—V.
Bullock's, Inc.—Annual Report—
Period End; Mar. 31—
1947—Month—1946
$4,152,203 $3,279,491
Sales
—v.
and
1947—3 Mos.—1946
$9,007,242
165, p. 1723.
$8,019,471
The
Peoples Gas Co., Glassboro. N. J., into the Atlantic
the surviving company, was approved April 7 by the
was taken on an application from Public Service
Corp. of New Jersey, which owns all the capital stock of the two com¬
panies
'
Gas
Tne SEC
The
(1)
"
all
1
proposed
(2)
550,319
(stated
new
Atlantic City
and
common
consisting
of
stock
common
vision
will .acquire
issue
in
$5)
(par
shares
of
to
merging
stock
common
—V.
Service
will
donate
Atlantic
to
City
the
as
will
be
changed
to
South
Jersey
Gas
redeem
all
of
the
then
outstanding
mortgage
Co.,
bonds
of
<4)
The
surviving
ordered
as
will
company
by the
state
make
sales
Board
Earned
-•
at
•earned
•of
or
balance
added
accounting adjust¬
Utility Commissioners
160,
Babcock & Wilcox Co.—To Renovate
though
'
Grey Iron Foun¬
Ohio
Protests
—
Senate
Attack
on
f
Senate
to
move-
block
165,
/_
on
an
$30,000,000 Reconstruction
protested shaiply April l by tne
railroad
management.
RFC spokesmen said they were
r.ound
by a
Federal Court mandate to go
through with the deal.
The RFC denied charges by Chairman
Tobey, (R.-N. H.) of the Sen-
Banking Committee,
that
;
1946
;
gain
there
was
anything
"illegal"
about
the
•transaction.
Spokesmen for the agency said all the facts of the E. & O. loan ex¬
tension were given to Sen.
Tobey April 1 at his request and that the
..road was standing on its legal right to conclude the deal.
Sen. Tobey had attacked the extension as
"clearly illegal" and asked
income
for
RFC to hold it up until his committee could discuss it
with RFC. Chair¬
Charles B. Henderson ancl other RFC officials.
The issue centered around an $80,000,000 RFC
loan to the railroad
man
in
1941.
The
B.
&
proval of a refinancing program
issued
to
bondholders
change for the
The
RFC
bonds
..new
is
not
until
getting their
and
matured
plant
Ear.y
in
has
1947
the
other
15,
subsequently obtained
whicn
creditors,
mill
during
Montreal,
new
securities
including
the
court
ap¬
would
RFC,
in
be
to
it
is
holders of B.
and
1
the
&
railroad
O.
bonds
said
it
in
end
of
in
that
derived
INCOME
into
war.»
the
began
would
be
taxes—
.
Preferred
working
Copper
capital
FOR
paid
telegram to tne ujeu, R. L. Snodgvass, B. & O. Vice-President,
called Sen. Tobey's move "astonishing."
He said the exenange plan
has been approved by a
special U. S. District Court and upheld by the
U. S. Sppreme Court.
1945
by almcst all the creditors
Sen.
the
;a
I
;
:
!
;
loan to
committee
1962,
was
based
cn
"information"
he
obtained
j
during
investigation of the RFC.
Witness Charges Fraud in B. & O.
Reorganization—
•Cassius Clay, a former B. & O. official
testifying before
th& Senate Banking Committee
April 10, charged the
former chairman of the RFC
approved the bankruptcy
h of the B. & O., which the witness stated was "a fraud¬
-
Accounts
Assets,
ulent
H
irol
bankruptcy" and
of
the
B.
&
O.
was
for
so
arranged to clinch
himself
(the
friends.
•:•
con-
chairman)
$0.75
Stock
<2%
•due
Exchange—
►
3%
the
rate
of
The
with
interest
and
3%
U.
S.
contingent
interest)
•
wire
bonds,
series K,
fixed interest
and
other
accounts
cost-plus(contra)
.Is
the
built
on
stock
com.
per
annum,
and
and
to
be
Financial
a
delivery
Chronicle
the
(Reg.
bonds
must
U.
Patent
S.
cartfy
Office)
Taxes,
5 Vs7c
liabilities
--—
preferred
•Common
320,000
Limited,
Mines, Ltd.,
BALANCE
with
U.
securities,
:-4~~-
stock
$13,125,649,
__—
for
';.
113,811
325,422
310,631
15,120,987
275,525
9,285,192
expansion,.' modern;
2,347,723
9,350,000
1,092,700
——^
.5^;--'
■.
.
$47,891,186 $41,801,955
—
$8,657,574
—
011
income——
bond
for
purchases
1"
&
of
110
$7,400,604
686,831
831,687
291,390
taxes
266,462.
■
424,651
447,121
102,484
72,015
2,250,000
(par
2,250,005
15,258
$100)
value
par
20,811
8,000,000
8,000,000»
13,777,588
13,540,554
13,777,588
(outstanding
shares)
surplus
802,692
.
r-v
'
——
taxes
preferred
stock
—
.
—————
—
ii.-—r.<„—
—
•After
which
8,880,511
$47,891,186 $41,801,955
deducting $2,347,723 in 1947 and $9,350,000 in
included
929 in
of
{After
3946.
$9,664,350
2142.
in
'
1947
,.//■"
Wholesale
sales
sales
-
Combined
$1,287,520
119,713
sales
942,990
$1.21
Retail
558,053
$1.24
-V.
165
and
for
reserves
$9,403,666
depreciation and
in
1947—Month—1946
.
1947—3 Mos.—1946
$11,868,792 $12,630,333 $31,431,045 $31,672,492
California Electric Power Co.
(& Subs.)—Earnings—
(Mexican subsidiaries not consolidated)
Total
1945
oper.
until,
$2,244,451
1947—Month—1946
revenues.:-
$682,173*
non-utility
and
$602,346.
$7,703,625
309,544
4,384,083
96,947
95,329
945,408
oper.
Other
$183,569
$197,473
$2,374,134
213,152
10,337
•
Gross
Total
on
income
income
for
....
•■'
1,250,000
-V.
865,74*
$2,693,772
349
deducts.—
122,872
15,513
$197,822
$2,497,006
$2,709,285
Y'-
$193,506
35,025
44,547
501,491
572,115
50,105
46,100
662,195
759,315
$108,776
Federal
$107,175
$1,333,320
$1,377,855
taxes
Income
Net
$1,127,672
3,630,991
.
*
(net)——,
370.788
5,709,707
-
revenues
income
$7,190,513
costs Y-
expenses
Net
779,236
:
rev.
8,190,531
Total
Y
1947—12 Mos.—1946
401,657
oper.
deductions
1,117,861
2,950,417
income
165, p. 1861.
141,449
546,263
351,395
Canada Dry Ginger Ale, Inc.—To License Production,
of
779,236
;
2.750,000
—
2.175,239
2,563,450
1.831,900
1,877,600
7,914,654
7,914,654
7,232,455
Ginger Ale and Other Beverages—
R. W. Moore, President, on
April 8 announced that the company is
broadening its licensing program to include their complete line of
carbonated beverages. The new policy complements the already estab¬
750,000
4,274,425
lished
plants,
program
Mr.
to
165,
increase
its
complete
chat
the
popular
in
preparation
expansion
stated.
through
construction
of
company-ownecl
.
since
1936
the
company's
basic
program
has been*,
number
line
at
Dana
of
Moore
Explaining
of manufacturing centers in order to makeproducts more readily available to all consumers
Mr. Moore declared that the new policy has been,
of
prices,
for
some
time,
but
was
withheld
awaiting
the
return.
Company, Publishers, 25 Park Place, New York 8, N, Y., REctor 2-9570.
Herbert D. Seibert, Editor
and Publisher;
Seibert, President; William D. Riggs, Business Manager.
Published twice a week
[every Thursday
(general news and
advertising issue) with a statistical issue on Monday].
offices: 135 S. La Salle
Other
St., Chicago 3, III. (Telephone: State 0613);
1 Drapers' Gardens, London,
E. C., England, c/o Edwards & Smith.
Copyright 1947 by William B. Dana Company.
as
second-class matter February
Reentered
25, 1942, at the post office at New York, N. Y., under the Act of March 3,
1879.
Subscriptions in United States, U. S.
American Union, $35.00
Possessions, Territories and Members of Pan<.
per year; in Dominion
of Canada, $38.00 per year.
Other' Countries, $42.00
per year.
NOTE:
On account of the fluctuations in
the rates of exchange, remittance for foreign subscriptions and advertisements must
be made in Ncw Ycrk funds.
"
William
Dana
162,
$10,268,864 $11,078,786 $27,160,020 $27,563,205
1,599,928
1,551,547
4,271,025 ? 4,109,283
Period End. Jan. 31—
422,775
1945.—V.
r
'
1447.
p.
Total
securities-
.
Butler Brothers, Chicago—March Sales—
Period End. Mar. 31—
1943
1946
expansion, modernization and improvement of store facili¬
with property and equipment.
{After reserves of $147,-
1947 and $122,997 in
amortization
p.
—.
..
outstanding.f—V.
B.
9,531,052
186,977
334,263
contingencies
set aside for
1936-1939.
2,696,777
...
1,363,514k.
6,570,273
15,143,745
..
cost-plus(contra)
$100)
$4,184,470-
10,753,983
purchase obligation—-for self-insurance
Total
Govt,
——
(par
1946
•9,
311,294
—
aside for
deductions
Earned
31
at' cost
1—,,w—W—
—
payable
cumulative
ties,
1946—
(non-current)
JAN.
$2,288,882
—
1,188,873 1/7
of
1,150,243
S.
SHEET
-
improvement of store facilities^-.
other'than
Common
in
2,500,000
2,
stock (without par value)
1311.
William
1,188,688
$2.72
$5.72
Minority interest in. I. Magnin & Co
4%
$30,918,429 $21,576,143
p.
248,424
2,139,972
oper¬
$2,667,161
:
payable Jan.
—
Earned surplus
4,311
$3,487,261
•;
•—
Reserves
acquired
250,433
Reserve for Federal income taxes
Reserves
>,3,705
——-
Reserves
purchase
and
also
8,105,386
payable
payable—short teim
Dividend
$3,491,578
$7,120,009
LIABILITIES—
Trade
•173,505
$7,123,714-
1947
A-V .-t
Prov.
Notes
15~824
years
■
Accounts
$30,918,429 $21,576,143
and refunding and general
mortgage 5% (2Vo
contingent interest) bonds, series M, due 1996, to be admitted
on
April 15, 1947, shall be dealt in "and interest" at the
Commercial
pr.
1
charges
•'Property
List
2f/o
for
■
and:
Total
mill.
4,637,355
£.
Total
tax.
share
common
•_■■■•■
Govt's
Investments and other assets
;
inc.
profit
Goodwill
•
81-year
14,903,636
(net)__
contract
Notes-payable to banks
2000;
and
.to
fixed
for
has
—
C.
fixed-fee operation contract
New York Stock
Exchange on April 3 directed that the refund¬
ing and general mortgage 5r/c (2% fixed interest and 3%
contingent
interest) bonds, series G, due 1995;
-refunding and general mortgage
5%
receivable
;
identified
Accrued
and
The
'
notes
Liabilities identified
on
and
$2,598,838
bonds
Land, buildings, machinery and equipment
Prepaid expenses and deferred charges
G
Form of Bond
the
1946
and
60,988
1,290,000
7,101,000-
declared
securities set
Payroll
nonrecurring
inventories.
848,691
104,989
565,794
$3.37
refund
fixed-fee operation
-
in:
on
,
share
$1,246,352
109,717
$810,031
_
Inventories1
{,«
looey said his criticism of the transaction, which would extend
RFC
a
1944
ASSETS—
tax
net
LIABILITIES—
•
pro¬
Brass
totaled
Cash
profits
75,579
4,372,500
(est.)
lnsuranceiWi.-^~-4^u.».u^
Sundry accounts receivable, deposits, etc
{Property -and eqtiipmentew^—
Deiericd
BALANCE SHEET, DEC. 31
Excess
Fed.
dividend
izafion
the
r
after
common
in
had
and
101,623
a
Mr. Snodgrass said the plan was appiovcd
voted on it.
;
it
565,794
sh._
common
surtax
per
CALENDAR YEARS
$3,188,071
divs.
$11,623,415 $12,330,45635,798
213,385-
dividends' declared—
Govt,
being
433,800
dividends paid
Earns, per
misc.
—
•
•
rod
company
?
who
of
is
which
record
negotiations
The
impossible to halt'the exchange.
In
new
contingencies-
profit
Common
and
„—
$57,782,693 $53,162,259 $63,038,679 $67,838,562
5,488,071
3,110.031
6,659,565
7,607,573
2,300,000
2,300,000 • 4,979,412
5,762,000
profit bef. taxes, etc.
for
and
receivable—(trade)
'
was
modern
a
1946
Prov.
tax
plus accrued interest
{Accounts
-
jointly with Noranda
ACCOUNT
sales
537,225
$11,'320,138 $12,077,402;
303,277
253,054
(est,).
CONSOLIDATED
equal to $15.92 per share of common stock, as
during 1936-1939, or $9.90 per share of common stock,
income
income
ASSETS—
$16,979,009,
compared with $8,741,788
Net
1,271,045
CaSh value of life
with $5,259,381 average workihg capital
during
The total investment of stockholders at the end of
1946 was
Federal
70,839,078
1,225,143
589,036
--—._-4
Cash in banks and on hand
•United States Government
•
Noranda
net
2,724,437
90,185,656
plans
pay.
-
Earnings
T.,459,561,000
profits
compared
Net
—
1,619,933,000
which
income
from
a
completed
managing
1946
1946
3,722,066
Merchandise inventories
Sundry, security investments
Report—Some
report
Indianapolis which
the
the?
to
—
Common
to
ex¬
trp.de in its promissory notes for
April
in
interest
which
the
At
dividends
1,771,159,000
Canada.
Net
but public
securities
7'T Y''
•
company
brass
Army
the
and
$103,319,973 $84,724,750
gen., exp.
benefit
;
4.,
Consolidated
stockholders, follow:
established
converted
modern
substantial
a
been
ior
a
ated
securities.
scheduled
April
new
O.
under
1946
•
This
—2
.
and
profit
Federal
Freferred
and
history of the business. "
During the year the company acquired from the U. S.
Navy a plant
built on
its
property during the war for producing war materials.
"
matured
annual
outstanding.
Included
approximately $900,000
of
/
——
minority interest
profit applicable to minority interest in
Magnin & Co.
——-i.— '
I.
$57,782,693
as
compared with
prewar
$31,426,085.
Sales
volume
in
1946
was
nearly
of
transac¬
needs.
welfare funds and
retirement
of
Net
being.made
per
net
was
?
which
''ftr
;
Co.^-Annual
81st
Security-First
these
credit
profits, should provide sufficient
Profit'before
1946
times of the average prewar year.
income after taxes for 1946 was
$3,188,071,
vision for preferred dividends was
equal to $3.27
stock
sharing
tax
totaled
three
of
employes'
Underprovision
.
•'
'•
the
1940
to
income—interest,
Normal
.
during
in
sales—owned sections
goods sold, sell. adm.
Excess? profits
•
Sales
the
from
bank
$107,042,039 $87,449,187
:
of
Other
/;
mailed'to the corripanjr's 9,500
volume
of
forseeable
present
Interest expense —
Miscellaneous*
Vice-President
1,825,404,000
1,719,231,000
1,715,230,000
i
Brass
of
amount
by
derived
short-term
merchandise
Operating
1947—3 Mos.—1948
1947
lY."
Bridgeport
represented
funds
some
Amortj and depre. of leaseholds, bldgs. & equip.
$5,713,079 $18,673,322 $13,876,004
feet):
,
i
.
of
use
a
1311.
p.
highlights
of
extension
Finance Corp., loan to the B. &. O.
rate
cubic
of
Total income
Sales, disclosed that deliveries are now
throughout the nation and that dealer
within
leases.
charter
i860.
p.
Net
RR.
the
to
Magnin
1946, with any balance
165,
1947—Month—1946
—I——1
■
Registration
':$80,000,000 RFC Loan Extension—Agency Says Federal
•Court Mandate in Road's
Refinancing Plan Required
Exchange— •
A
of
(in
The
&
amendment
an
O'Harra,
completed
—V.
registration statement (No. 6849) filed Nov. 27 with the SEC and
•covering 45,000 shares of 4% preferred stock (par $100) and 200,000
Baltimore
approved
$8,183,049
February
The
has been withdrawn.—V. 164, p. 2826.
Cost
Co.—Charter Amended—
1447.
p.
meet
Contribution
March
statement Withdrawn—
•shares of common stock (par
$1)
Net
of
Boston Consolidated Gas Co.—March
Output—
v
—
165,
sales
profit
&
working capital.—V.
Output
January
will be carried out without interrupting production and will
completed this year.
the grey iron foundry
$151,000 will be spent for building im¬
provements.—V. 164, p. 3138.
Corp.
refund
sampling should
relatively short period.
Other products marketed
by Norge include refrigerators, freezers,
gas and electric ranges,
washing machines, home heaters, water coolers
and other
refrigerating devices.—V. 165, p. 1723.
In
Worsted
the
distributors
its
Uxbridge
$0.64
estimated
corporation's Norge division last week announced its
entry into
electric water heater business with the
introduction of five models
product into the company's line of household
appliances.
In making the
announcement, M.
G.
be
be
Bachman
Nil
$375,000
to
the
reasonable
a
Less-sales of leased: sections
the
progress,
.
to
Director
already in
.
to
of
'
165, p. 67.
March 31
on
* 127,736
shares-—
common
consideration
I.
or
under long-term
1947
$6,678,795
The
cost is in addition to the $1,500,000 ap¬
propriated lor tne modernization Of the plant
It represents the largest
.single amount to be spent on any one shop. The program,
company,
198,500
on
giving
Bullock's
properties
consolidated Income account for years ended jan. 31
Net
the
of
Complete renovation of the grey iron foundry cf the
company's plant
Baibcrton, Ohio, at a cost of more than $500,000 was announced on
April 3 by Company officials. The renovation Will include improvements
to the bunding as well as
machinery replacements and new equipment.
The program is part of the
recently announced improvement program
the
after
t
either
cases,
these
.
Borg-Warner Corp.-—Norge Adds New Line—
.at
■of
share
per
'.
—V.
dry at Cost of More Than $500,000—
"
*
$4,178,124
Perlod End. Mar. 31—
2067.
p.
1945
all
group
of banks
Los Angeles. The
with
together
retention
•
22,067
Sales
$50,000 a year through charges to income deductions,
capital surplus. Of the balance or $1,584,159, the amount
accounts.—V.
repairs.
Bond Stores, Inc.- -March Sales Increased
43.2%—
least
sheet
and
a
of
tions,
pre-emptive rights, thus facilitating a public
offering of
60,000 shares of common stock. Proceeds will be used to
reimburse
the treasury for preferred stock
retired during
charged
;
service
with
National Bank
some
$1,338,813, representing Account 100.5 items will be immediately
to capital surplus and $245,346 will be transferred to other
'
parts,
spare
in¬
$13,000,000
In
operate
31, 1947, the third step was taken
by completing a com¬
revolving credit and long-term bank loan agreement for
$5,000,000
which
about
to
Jan.
bination
abolishing
Atlantic
{generally, speaking, the excess of the arm's-length cost to the
company of its properties, over the cost to the person or persons first
•devoting the same to the public use] and will be amortized at the
of
and
1946
The stockholders
100.5
rate
18,
.
(Sidney) Blumenthal
which
connection with an original cost determination ol
the plant and
property accounts of Atlantic City and Peoples.
Atlantic
City,
as
the surviving company,
will transfer from its
utility plant account the amount of $3,084,159 representing the excess
•of book amount of utility plant over the.
original cost thereof. Of the
•$3,084,159, the amount of $1,500,000 will be classified in Account
♦
and
•
__
•Profit
certain
Public
of
17
for
loss
in
.
approximately $29,750,000,
35,
1063.
p.
Federal income taxes.—V.
City and Peoples;
ments
165,
Net
surviving
sell $3,000,000 new first mortgage bonds,
using
proceeds thereform, together with part of the capital conrtibutton
to
Models
contracts
$10,000,000,
will continue
On
after pro¬
Birdsboro Steel Foundry & Machine
Co.—Earnings—
company will issue and
the
the
is
Calendar Years—
$5,000,000 in cash wmch will be credited to capital
surplus,
cash so
received will be used in
part for the redemption of
outstanding bonds of the merging companies and to meet the re¬
quirements of projected property additions and improvements;
The company states that
subsequent to the merger, the name of the
company
for
government
Net
The
surviving
of
corporation
Co.
capital
company
.
the
&
7,325,553
par)
at
Public
of
ap¬
proximately
°116,851
after quarter loss
taxes.
crders
worth
cor¬
(no
for
cludes
Public
par)
(3)
$7,546,023
___.——
Earklog
exchange for
preferred stocks of the
57,000
loss
1946
•After expenses,
including $1,050,227 for engineering, and
follows:
as
of merger,
$1,350,000)
and 8,820 shares of 7Vo cumulative preferred
($100 par) of Atlantic City; and 58,375 shares of common
stock,
(stated at $1,835,000) of Peoples;
stock
4no
shares of
outstanding
porations
are
agreement
Peoples and assume its nabint.es;
City, the surviving corporation, will
Atlantic
the
an
\
Aetna Life Insurance Co.
of Hartford,
Conn., to purchase five
at cost, and; In addition, to
purchase !. Magnin & Co.'#
W.lshire Center property from the
Capital Company of San Francisco.
Three of these transactions have been
completed. The total considera¬
tion, Including, the Magnin's Wilshire Center
property,
will be
■/'.:•
■
31,
-—_•
—
Earned surplus
of
assets
Service
transactions
to
•Net
Corp.—Earnings—
EARNINGS FOR QUARTER ENDED' DEC.
Net sftles
-
action
Pursuant
the
all
Co.,
\
need
'
i
properties
Beech Aircraft
of
merger
City
SEC.
the
mcrchand se
With
,
Atlantic City Gas Co.—Merger Approved—
\
for additional capital for
accounts receivable
stocks, as well as for the expansion
program, the
first step to provide for it was
taken in October, 1945. This
step was.
the sale of common and
preferred stock, which produced $6,874,000.
In May, 1946, the second
step was taken by completing negotiations
(A. S.) Beck Shoe Corp.—Inarch Sales
Up 26.6%—
1722.
p.
'Chronicle'*
Co., Bridgeport, Conn.—Stock Offered—
Foreseeing
New York 8,
165,
the
in
5,000
coupons
interest represented
The
coupons
interest
Inc.
Day, Stoddard & Williams. Inc., New
Haven, Conn, have underwritten.
shares of common stock, which
are
being sold at market on
'ehalf of Joseph VV. C.
Ballard, Vice-President.—V. 165, p. 1185.
interest'coupons.
1859.
p.
written proposals
522,410 shares of common stock (par 510)
Co. Such proposals are to be presented to
Electric
directed
contingent
inviting scaled,
purchase from it of
Atlantic
is
*:
and
coupons
is
to
interest
per
Brooklyn Edison Co., Inc.—Bonds Called—
See Consolidated Edison Co. of
New York,
of April 7, 1947, pag6 7. —V.
162, p. 667.
delivery the bonds-must carry the current and
subsequent
Attention
Sale of Stock—
on
a
interest
w
Atlantic City Electric Co.—Bids
2%%
be
(19951
and
subsequent fixed interest coupons and
contingent
interest coupons-.<Y;:x
\;v.:Y.vYv. ;
Y .'y y■ ///'Tne New York Stock
Exchange also directed that the refunding and
general mortgage 6<A
(2%%-. fixed interest and 3%7e
contingent in¬
terest) bonds, series J, due 1995, to be admitted
to/the list on April 15,
1947, shall be dealt in "and interest" at the rate/of
SEC
A.
proceeds
current
.
:
;
THE COMMERCIAL & FINANCIAL CHRONICLE
of
normal
more
The
*
the
machinery
the
of
easing
keep
—V.
165,
be
redeemable
series (par $100) at
preference shares 4%
so.d
V.
redeemable
cumulative
preference
last
cumulative preferential cash
nxed
165,
1861.
p.
rail
the
of
Working
*'■
Net
Backed
expenses
$2,578,222
i94®
To
1947
_
$7,908,000
$9,305,000
1861.
owned by
Promoted—
*
1, Ross L.
I
FOR
EARNINGS
Sales
L
Profit
placing
for $33,170,984 worth of
in use on the C & O.
orders
now
Credit Card,
MONTH
OP
mining
Jack
a
-
which last
the
cars,
or
-
at High Rate—Ex¬
Celanese Corp. of America—Sales
the
for
lirst
the
quarter
$44,383,756,
were
within
two
Miscell.
mill,
it
will
anticipated,
is
ratified
be
operation
in
Period End. Feb. 28—
1947—Month—1946
Gross revenue
Net
expenses
110,000
depreciation.pit. acquis.
adjustments
for
[
taxes
1,237,652
286,086-^
302,603
J
Gross
income
prem.
of
debt
$318,496
$3,005,447
562,959
expenses.
139,896,102
184,685,127
(90.83%)
(90.83%)
136,866,850
(63.21% l
27,905,382
15,843,936
28,514,448
9,169
Crl,573
7,859,784
6,117,586
1,678,465
1,818,846
32,832,962
22,025,255
32,813,189
41,800
41,800
$2,434,891
501,606
$244,143
915,128
958,605
989,141
$228,819
$1,933,284
853,485
978,224
34.932,249
23.837,405
34,780,554
6,875,491
income
leased
for
1946—3 Mos.—1945
31—
$734,197
deductions—
7,032,294
7,066,093
20,429
42,987
49,691
309,548
382,276
323,774
roads.
from.
inc.
and
4%
on
27,340,995
501,148
488,144
501,715
506,548
Earned
paid
to
15,891,703
27,225,632
sh.
26,800,739
on
26,839,280
30,852,133
E.
($25
stockholders
Pittston
26,239,8 70
$3.62
par).
$3,267,808
book
value
July
on
stock
2,020,781
$155,361
$663,190
1,407
8,753
$156,769
$671,943
28,800,739
for
1945,
2,
shares
40
of
Pittston
dividend
a
as
C
Co.
BALANCE
and
162,919
162,292
Miscell;
$346,731
$73,436
&
common
10,800
shares
SHEET,
on
basis
filed
Co.,
at
war's
affiliated
2,010,668
(after depreciation).
companies,
etc.
164,
Ohio
&
investments
Treasury notes and ctfs. of indebtedness
S.
and
the
of
$4,075,000
to
from
to
to
p.
sold
be
share.
per
and
Miscell.
Material
labor
the
enabled
the
a
V.
be
under
are
to
assemble
completed
ir.
announced
that
the
directors
15
had
repair.
steel
for
months
the
after
authorized
from
agents and
conductors
supplies
the
receivable
were
Audited
per
conduct
$25)
Deferred
service
and
balances—Cr
payable
payable
and
economy,
higher
the
received
the
Earned
year carried
in operating
during war years.
Total
costs,
railroad
traced
to
last
year.
of
total,
brought
debt
and
:
Ohio
to
emerge
•'"'"l-1 '■'/ ^|V
from
from
the
war
to
1945
10,720,290
years
in
C.
&
0»
8.936,934
3,713,790
281,207
16,885,988
,<-( 1
•
>
v
•
.
(net)
72,016
36,312
Cr268,546
$977,119
$432,107
352,290
281,832
paid
share
common
cost
provision
$4.16
of
for
sales,
selling
depletion
and
SHEET,
$207,855;
United
$1.84
administrative
and
expenses,
depreciation.
DEC.
31,
States
1946
Government
and
accounts
notes
receivable
(net),
profits taxes, $201,894;
excess
$7,507,933.
;
3
i
loan,
Surface
Lines—Bondholders
Group
Opposes
.
.
.
of
would
be paid off in full or
in part.
p.
1724.
281,135
16,408,664
Cleveland Electric Illuminating Co.—To Make Refund
140,068,414 147,918,499
V-
42,582
1,550,368
the
has met the City of Cleveland's demand that it re¬
the city and private customers
for $2,000,000 in rate over¬
issuing from a three year rate dispute between the city and
company
imburse
615,039,952
company.
settlement,
The
Stock—Would
i;
45,227
555,000
inc.
geolo¬
5,430,454
ratified
by
will
to
go
month
of
be rebated
and
1
above
well,
Ry.
is the major concern among five integrated com¬
comprising Chicago Surface Lines.
/
The reorganization plan calls for sale of the Chicago Surface Lines
properties to the municipally-operated Chicago Transit Authority. This
Authority also plans to buy the properties of the Chicago Rapid Transit
Co., operator of Elevated Lines. The U. S. District Court and the U. S.
Circuit Court in Chicago approved the reorganization plan.—V.
165,
2,091,475
^—'616,799,914
.
on
oil
panies
C. & O. and Alleghany
The
taxes
Chicago
683,027
18,243,489
583,402
632,848
group
holders
2,948,177
5,880,532
1,816,159
Alleghany Corp. have filed a petition with the
"ICG requesting the release of C. ds O.'s 400,000 shares of New York
.
30,417
inc.
series "B" bondholders of the Chicago Ry. asked the
Supreme Court April 4 to reverse lower Federal courts which approved
a
reorganization plan for Chicago Surface Lines.
They protested that owners of the $16,934,405
outstanding "B"
bonds would get nothing under the plan while other classes of bond¬
Corp. File Petition fpr Release
Withdraw 400,000
Shares from Voting Trust, or Place Nickel Plate in Like
Set-Up— f
* '
1
"
retirtment
1942
119,343
$287,682
.
*
$286 801.360
72,064
loans
nonproducing
etc.
Chicago
A
The
$34,330,000.
totaling
etc.
adjustments
total,
bank
charges
/
int.,
Plan—
$
1,773,062
liabilities
of New York Central
purchase discts.,
151,288
$168,339
941,976
2,233,310
__—
213,315
$1,562,487
payable, $135,197; accrued
liabilities, $269,2V4%, due 1947 to 1951, $1,255,123; capital stock
shares,
no
par),
$2,123,155;
earned
surplus,
$3,725,285;
$7,507,933—V. 164, p. 3140.
837,308
26,495,225
surplus—appropriated
surplus—unappropriated
303.814r
(234,860
702,668
5,812,887
surplus
1945
$623,441
412,334
$1,634,551
$765,800;
$1;
115,329
2,877,576
liabilities
1946
$2,188,136
LIABILITIES—Accounts
173;
last
$193,407,931
This
etc.,
192,656
11,744,992
wages
Unadjusted credits
of
Ry.
profit
deducting
cost,
11,881,286
191,433,919 191,433,919
2,301,093
2,301,693
200,906,000 204,981,000
1,768,263
interest accrued
Accrued accounts payable
accrued
reduced by the heavy
the
value
accounts
current
Louisville
obligations,
$1,086,630;
inventories',
$1,735,035; plant, equipment and timber, etc., $3,126,360: investments,
advances, etc., $183,828; deferred charges, $200,471; goodwill, patents,
7,140,420
$
Taxes
Other
and
31—
BALANCE
19,884
Unmatured
common
per
1,107,983
Interest matured unpaid
Dividends matured unpaid
an¬
the
received for the issue.
income
253,558
capital stock..
accounts
of
the
& State
dividends
488,259
car
Miscellaneous
This compared with
further
to
on
and
fees,
3,359,367
debt
Traffic
members
Co., Inc.; Mason,
Thomas & Com¬
sales
ASSETS—Cash,
1,622,719
receivable
(par
Other
sale of the certificates will
of
estate,
Fed.
before
at
616,799,914 615,039,952
Funded
Report—Record
but
10,013,340
LIABILITIES—
2284.
1861.
authorization, at prices
2.35%.
to
claims for refund of Federal
2,104,583
assets
stock
Commission
were
Dec.
drilling
"■After
13,277,772
79,050
3,736,977
11,397,876
receivable
Total
of
New
165, p.
timber
bank
on
tax
Net
Cash
2,573,352
receiv.
accounts
Deferred
Earned
and
total
charges
Chesapeake
.i
months
will
or
Bowman
maintain
one 1,500 HP B Unit Diesel Electric Loco1,500 HP Road Switching Diesel Electric Locomotives.—*
12,300,000
79,595
(JDr)
Interest and dividends
SEC
behalf
on
Hardy & Co.,
Chesapeake & Ohio's 1946
unrest
nation's
to
nine
will
Locomotives;
real
for
of
gists'
car-service
and
Accrued
11,620,000
13,142,560
receivable.
accounts
Common
Ry.—Annual
made
freight
$200,906,000
1946
"Maintenance
which
reserve
a
income
Income
852,740
-
bills
Net balance
„
on
take
project
1.35%
from
of
on
Prov.
77,614,055
25,155,481
703,730
transit
Unearned
tons
will
the
75%
Ended
Earned
22,359,940
treasury
in
ba'ances
revenue—highest in the company's history, except
Interruption in production of bituminous coal concentrated the road's
coal
tonnage into approximately ten calendar months, the report
added.
a-;;";;.:,.-,':/
The Chesapeake and Ohio further reduced
its bonded indebtedness
193C
2,171,405
6,637,334
10,403,378
77,345,178
in
Traffic
Mich.—Files
$16,379,847, equal to $2.14
shortages,
2,000,000
Mr.
Philadelphia plan, mature $280,000
1948
to
1957,
inclusive,
and
are
unconaitinally
to the payment of par value and dividends by endorse¬
operating
Cost
(after
.
effect
95,625,375
as
handled.
1,
as
profit
288,116
funds
reserve
physical property
*
Despite
443,918,965
Other current assets
Holland,
stock
$3V»
share, for 1945 when earnings
war.
$
(after
U.
$284,733
$52,478
letter of notification with
a
common
President
told stockholders in the
-the
service
be
now
1861.
p.
Total
453,801,476
property
amortization)
Cash
61,998
20,958
$96,275
nual report, released on March 27.
/write-off
can
1,000-horsepower tugboats, for which competitive bids
boats, estimated to cost about $450,00C each, will
750-horsepower and three 1.000-horsepower tugs now in
Electric
165,
Profit
1945
Unadjusted debits
of
it
also
than
mor*
Net
DEC. 31
Special deposits
underwriters.—V.
income
by
The
stock.
O
reserves)
peacetime freight tonnage and revenue helped boost the
-.company's net income last year to $27,726,780, equal to
$3.62 per common share, Robert J. Bowban, President,
net
established
/.,/'*
Depreciation of plant and equipment
stock
of one
288,116
transportation
42,779
stock
Manufacturing
Chesapeake
than
by Chicago, Indianapolis
"■Net
$4.04
common
$
in
40,553
Premium
-
been
etaits.
May
interest
Pasco Copper
be
have
Chicago Mill & Lumber Co.—Earnings—
26,800,739
$3.57
$2.14
The
of
ASSETS—
Investments
Sinking funds
Capital and other
$107,075
Pleasant.
will
and
petition said.
&
Years
com¬
41,969
The company on Mach 31
for 4,636 shares
($1 par)
Herman
will
Commerce
Depletion
GENERAL
Corp.—Secondary Offering—
A secondary distribution by Merrill
Lynch, Pierce, Fenner & Beane of 61,300 shares of
(no par) capital stock
^was effected April 9 at $32 per share.
Dealers discount
$1.—V. 161, p. 1652.
"^
:
York,
might
the
capa.city while other facilities
that
mofive; and 16
457,581
dividends
per
Loans
Crampton
With SEC—
O
to
stock
stock
share
—V.
Cerro De
&
certificates issued under the
Diesel
loss
44,597
—
Balance avail, for
165, p. 935.
,
C
system.
be used to provide for
cost, estimated to be $3,765,500, of the fol¬
lowing new standard-guage railroad equipment: five 3,000 HP Passenger
not
$2,683,971
$193,642
—•
preferred
ment
31,358,680
Cash
;
near
one
guaranteed
non-cum.
Investments in
on
pier also
and
annually
49,669
16,379,847
funds—
reserve
preferred
12 Mos. 1946
$638,455
483,093
income deductions
Dividends
by
O.
Loading Facilities—
month
per
No other bids
The
353,281
•
27,726,780
Inc. balance transf.
Divs.
501,606
$189,435
4,207
income
income
more
yield from
V.
831
544,762
Prov. for Federal income taxes—
i : Net
that
Corp.; Wm. E. Pollock &
Co.; Alfred O'Gara & Co.;
pany; and F. S. Yantis & Co., Inc.
applic. to sink, and
^Includes
revenues
Gross income
•
&
Cleveland
39,111,592
7,349,962
debt
on
depreciation
:
held
C.
piers, No. 9 and 15, with a total of three
combined capacity of 150,000 Ions a month under f&ror-
a
asked.
Moran
1,046,360
1946
Tota'l
stock
the
holding interlocking positions in
underwriting group are R. W. Pressprich & Co.; First of
Michigan Corp.; Gregory & Son, Inc.; Julien Collins &
Co.; Freeman & Co.; Mullaney, Ross & Co.; The First
Dispositinon of net inc.Inc.
Co.—Earnings—
$ Operating income
Other
vote
with
will increase by 33'/.i% the railroad's
facilities for
ships at the Newport News Terminus. The C. & O now
on
Bowman
be
to
849,084
1,184,159
deduct,
mon
revenue
of
&
PncePds from the
$1,303,£'08
200
$270,619
Central Ohio Light & Power
oper.
ownership,"
estimated
terstate
37,216,148
income
Rents
>—V; 165, p. 935.
Tctal
75%
itself
Chicago Indianapolis & Louisville Ry. — Equipment
Trusts Offered—A group headed by Halsey, Stuart &
Co. Inc., won the award April
7, of $2,800,000 (first
equipment trust of 1947) 2% equipment trust certifi¬
cates, and immediately re-offered them, subject to In¬
1,733,155
income.
oper.
income
Interest
$1,805,415
Cr569
Dec.
to
directors
service at Newport News and
Hampton Roads.—V.
6,059,731
1,714,686
ry.
other
i
Ended
1945
affiliated
and
company
C.
third
was
Mr.
111,148
$285,943
operating
divest
O. to construct a new low level coal
pier at New¬
at an estimated cost of $5,000,000, including
necessary
yard facilities, were announced on March 29 by Robert J.
pier,
will
32,889,572
6,642,267
profit
Period
in
not
that
of the
construction
115,045,265
(55.17%)
rents, net (Dr)
facil.
Common
Total
would
Equipment Issue Asked—
oil
A
It
93,467,271
60,577,698
Other
603,384
764
Divs. on pfd. stock—
r
about
month,
new
1,290,215
51,154,950
$2,520,780
46,913
764
income
—
ICC
stock
such
loadings at
5,021,253
79,669,398
Misc.
I 46,913
debt-
and expense-
Balance
stock,
Marquette
ICC.
owns
the next three to five years, it is
expected approximately
of coal will be offered at Newport News
piers each
said.
49,028,668
1,479,828
5,283,275
2,303,083
disct.,
Other deductions
Net
the
officers
with
of
500,000 tons
2,006,800
$333,051
long-term
on
57,561,573
1,430,839
5,678,689
13,647,019
Dividend
1,272,061
,
1,764,500
60,551,921
1,370,927
6,248,400
Net income
Int.
common
and
dumpers and
2,617,247
ratio
oper,
Net
316,600
400,000
3,039.178
53,511,829
Jt.
33,300
3,211,288
2.5,606,447
1947—12 Mos.—1946
1
Federal income & excess
Amortiz.
Pere
now
35,358,969
65,971,897
oper,
Gross
General taxes
profits
which
some
loading coal
21,728,913
42,853,703
revenues
of
33,300
26,649,293
78,700,201
Railway oper. income
Equip, rents (neti
(Cr)
$1,232,116 $13,998,759 $13,044,875
5,683,634
489,233
6,321,160
105,000
1,245,000
1,270,000
$1,484,463
705,507
35,112,099
Railway tax accruals
Light Co.—Earnings—
Amortiz.
O.,
has at this shipping point two
$
$
$
...
operations
i
Total
the
Central Illinois
Operating
O.
augment
equipment
Operating
proposal for establishment of a com¬
pany-wide pension plan based on contributions by both the individual
employee and the corporation.—V. 165, p. 1447.
Prov.
&
supporting
1943
1944
26,579,327
35,965,437
struct.
&
way
of
General
years.
stocknolders
The
of
approved by the
&
Bowman, President.
In
3,760,114
of
Transportation
1946 sales volume amounted to $135,202,211 which
increase of about 30% over 1945.
has made arrangements for erection of a pulp mill
in British Colombia where some
15,000 square miles of timber area
have
been
made- available
by
agreement between the
Province of
British Colombia
and the company and
a
mill site obtained near
The
Director
a
been
C.
port News, Va„
193,407,931 203,332,146 216,536,248 208,512,535
revenues-
Traffic
an
Rupert.
oper.
Maint.
company
Prince
and
has
the
outstanding
To Increase Coal
Operating Expenses—
Maint.
full year
the
For
The
O.
This construction
1945
$
or
uptrend.
represented
of
purchase of two
Total
at a rate of
$177,535,024 for the year, William McC. Cameron, First Vice Chair¬
man, told stockholders at their annual meeting held on April 9.
All
three major divisions—chemicals, plastics and textiles—participated in
Sales
President
&
that
in carriers
at
Plans
year
172,210,504 172,736,161 184,876,712 179,128,139
Passenger traffic
13,681,439
22 891,428
23,506,846
21,669,414
Transportation of mail1,489,881
1,498,570
1,579,200
1.373,274
Transport, of express-169,609
654,309
756,556
754,898
Miscellaneous
5,356,499
5,551,677
5,816,933
5,586,811
pands in Canada—
Director
permission to serve as New York Central
their p'resent positions with other carriers.
certificates;"
Freight traffic
165, p. 1861.
O
&
Company will receive bids up to noon (EST) April 15 at 3400 Termi¬
Tower, Cleveland, for the purchase of $1,650,000 equipment trust
.....
—V.
C
nal
tons
Operating Revenues—
J.
inde¬
of
able conditions.
1946
$14,673,535
603,730
similar
a
Central,
Bids
said.
leport
C.
reason
the railroad at the end of 1946.
of
by
up
relations
pas¬
GENERAL INCOME ACCOUNT FOR CALENDAR YEARS
FEBRUARY, 1947
-
_
freight operations,
holdings of New
Nickel Plate would resign Nickel Plate
positions.
later date, the Chesapeake should
acquire control of
with the authorization of the Commission, it will take
suitable steps to dispose of its Nickel Plate shares and
discontinue all
the serious national freight car shortages of the past year,
operations along the C & O at no time were hampered by
Caterpillar Tractor Co.—Earnings—
i
by
up
O.
control
addition,
"If,
the
Despite
Leffler has been made Assistant to C. R.
Cox, President. He previously was assistant to manager of operations,
Pittsburgh district.—V. 164, p. 823.
Effective April
the
the railroad brought about the establish¬
arid
accounted for 89%
of C & O revenues, the railroad contracted for new freight cars to
cost $17,704,468.
This new rolling stock and passenger equipment on
order will augment the 892 locomotives and 76,155 cars of all types
improve
set
ment
diners.
Carnegie-Illinois Steel Corp.—Official
-
this
also
states
Plate's
Alleghany
"Charge-It-As-YouGo" Travel Plan, which obviates long waits at ticket windows; under¬
took low-cost, educational tours for young people to popularize rail
travel with the rising generation;
was instrumental in
putting into
service the first post-war streamlined trains on
its companion road,
the F;ere Marquette, and in abolishing tipping on all Pere Marquette
$l,359,G10Def.$839,501
$1,026,535
earnings
p.
exposed
cars to replace fully those
railroad also pioneered the
$45,907,581
43,329,359
_
165,
$4,170,000.
In
by public opinion,
backed
and
1947~
Week Ended March 31—
—V.
for
without changes at St. Louis
eliminated a black market in sleeping car
reservations; urged the replacement of outmoded passenger equipment
The
1947—Month—1946
Plate
place for the railroad in American life, the C & O
long-range program designed to improve the lot
a
traveler.
Chicago;
or
$21,035,530 $22,598,386 $44,394,433
22,062,065
21,238,576 45,233,934
—-
earnings
Traffic
Nickel
new
-V "
&
under
for
retaining
is
placed
(
^
Young, board Chairman
Bowman, President and
R.
Robert
be
immediately if the proposal to free its New York
Central stock from the voting trust were
approved.
The Nickel Plate shares, the petition
adds, would be deposited witb
the Chase National Bank, New
York, under the existing trust agree¬
ment of coast-to-coast sleeping car service
Ry.—Earnings-
Pacific
earning.,
a
-
Period End. Feb. 28—
Gross
the
and
the ICC
petition
Plate
stock
Robert
with C.
merger
Nickel
Louis
time,
while
Bowman
Nickel
St.
trust,
asked
O.,
The
of
&
Alleghany,
&
whose
present
its
increase
may
initiated
year
senger
Canadian
to
soon
Conceiving
shares 4% series are entitled
dividends at the rate of 4 fo per
annum,
payable quarterly (January, April, July and Oct. 1) and
cumulative from April 10, 1947; redeemable on 30 days
prior notice
in whole or from time to
time in part by lot at $103 per *>hare
together with all unpaid preferential dividends.
Transfer agent and
registrar,
Toronto General Trusts Corp.,
Toronto and Montreal.
The
O
investment, but does not
of railroad equities,"
the report continued.
In this connection it is noted that negotiations
now
are
under
way
for disposal
of approximately $11,700,000
of
Wheeling and Lake Erie in prior lien and preferred stock, and that
78,145 shares of Wheeling and Lake Erie common are expected to be
$99 per share to yield 4.04%.
to
C.
from
voting trusteeship.
release, they propose that C.
such
Same
directors,
Mr.
&
C
of
the
and
or
"The
$1,000,000 cumulative
market
lieu
At
total of 387,700 common
a
intend to add permanently to its total investment
April 3
Toronto on
Ltd.,
Co.,
&
Canadian
the
in
offered
single stockholder in
largest
the
last March C,
trustees.
Thompson
Nesbitt,
has become
As of
of
cost
Stock Offered—
Cos., Ltd.—Preference
Oil
Canadian
recently
York Central.
stock
common
York, Chicago
pendent voting
6% of the common stock, had been acquired at an aggregate
$7,350,026, the report showed.
All shares have been or will
depos.ted with the Chase National Bank of New York as voting
shares
1185.
p.
O
In
1946."
in
&
C
the New
pact four years.
in test markets during the
the
The
Dry Ginger Ale, first introduced in 1906; Canada Dry Water, the
largest selling cmb soda in the country; Spur, an outstanding beverage
in the cola field; and Hi-Spot, a lithiated lemon beverage which has
been perfected and proven
physical
maintenance
the world famous Canada
wf.l include
licensees
to
and
supplies
sugar
offered
line
Monday, April 14, 1947
Central
condition," Mr. Bowman told stockholders.
"To
property in this condition $65,544,765
was
charged for
excellent
,
v'..f >?•
In
'
July,
announced
by
the
mayor's
office,
must'-still
be
the City Council.
Of the total amount, about $1,700,000
private consumers in the form of reduced billings for the
July.
Approximately $300,000 for street lighting bills will
to
the city over a two-year period.
1944,
the
City
Council
adopted
a
$?jpQ9,G0O. annually from, .thq utili^y'^ , rates,.
•
rate
,,
ordinance
•
cutting
.
Volume
Number 4585
165
In
exchange for
following benefits:
THE COMMERCIAL & FINANCIAL CHRONICLE
the
$2,000,000 credit the company will receive the
Withdrawal of the city suit pending before the
Ohio Supreme Court; continuation of the
present electric rate for four
increase of
years;
17%
in
the company's revenue.—V.
to
rates
steam
which
will
add $625,000
year
a
165, p. 116'5.
(1997)
Columbia Gas & Electric Corp.—New Director—
Connecticut Power Co.—Partial
Edward S. Pinney, a partner in the law firm of
Cravath, Swaine &
Moore, has been elected a director to succeed the late Wayne Johnson.
—V.
165, p. 1862.
r
•
and
first
;
-
have
There
The
stock
holder
Commonwealth Edison
100
at
called for redemption on May
1, next, $125,000 of
mortgage 3V4% bonds, series C, due No/, i, 1975,
interest. Payment will be made at toe Hartford National
and
& Trust
Co.,
17.25."•
Co.—Split-Up Voted—
stockholders on April 7 approved a proposal to
split common
two lor one, Ben F.
Hopkins, President, announced.
Each stock¬
will receive a certificate for a number of
shares equal to his
holdings
of
as
May 2,
1S47.—V. 165, p. 1185.
p.
Co.—Weekly Output
Electiicity output of the Commonwealth Edison group of
companies,
excluding sales to other electric utilities for the week ended April
5,
showed
16.5%
a
lowing
increase
the
over
corresponding week last
the kilowatt-hour output
are
totals oi
the
past
Pursuant
weeks and
David H.
percentage comparisons with 1946:
holders
(The) Cliffs Corp.—Stockholders Group Opposes Plan
Attacking
the
consolidation
plan
of
the
management
unfair,
as
a
group of shareholders of the corporation have urged in a letter that
stockholders join them in
mission
to
all
petitioning the Security and Exchange Com¬
advisory report as to the fairness of the manage¬
make an
Week Ended—
April
"■>
1947
5
March 29—
:
March 15
This report would be requested under Section 25 B of the
11140 and would be the first such report
requested under the Act by a minority stockholders
group.
On tares
Occasions advisory reports have been
requested by managements of
companies.
The
fighting the management'? merger proposal includes The
Clark Foundation, The Scriver.
Foundation, inc., and Leatherstocking
Corp., all of 149 Broadway, New York Chy, and WiLiara Rosenblatt of
80 Broad St., N. Y,
City, among others.
group
The Cliffs
Iron Co.
10G%
owns
165,
Steel
and
Iron
Co.
Chairman of
last
December
the
by
management
representatives
the
of
of
Cleveland-
Robert
R.
Gross
Operating
Prov.
Chesapeake & Ohio Ry., who announced they would
immediately against the management to lorce an account¬
ing of the $38,000,000 loss in value of the company's common
stock and
force oiticers to reveal the true assets
or the coal, iron ore and
shipping
company.
They also asserted that members of the Cliffs
management
were
interested in both companies and had
conflicting interests. Im¬
mediately thereafter the directors voted to dissolve Olixts
Corp
stating
that the corporation had no further
an
sidiary,
with
Cyrus
Eaton
mediator,
as
the
directors
15.3
36.3
minority interests represented by Robert R Young
whereby the directors suspended their p'an of
the
voted
to
Cliffs Corp.
merge
Cleveland-Cliifs company
The Pittson
Co.,
its
with
into
a
new
and
ore
coal
Int.
Co.,
Cleveland
The
$30,000,000
an
the
advisory
but
brokerage firm in
pressing for
which
the
management
report
few
a
the
on
Mr.
SEC
an
weeks
ask
to
for
by
The
of holders
request
Itseif does
The
not
Clark
of
25%
make
the
of
the
stock
a
they
request
Government
report.
under the I940
for
Agency
even
request.
interests
are
represented by the law firm of Winthrop,
and Roberts, and the Rosenblatt interests are re¬
the law firm of Hart man and Cravens.
Over 25 stock¬
holders, owning approximately 23,000 shares cf stock have
joined in
asking that the report be requested.—V. 165, p. 1068.
Stiinson,
Putnam
presented
•
of
51,066,861
1,131,476'
13,625,928
There
have
15-year
been
5\'2 %
called
mortgage
for redemption or.
May
sinking fund convertible
65,738
754,917
6,586,622
316
15,928
193,846
551,557
15,
next, $15,000
bonds due April
inc.
Net
stock
before
pfd.
on
parent
Bal.,
789,766
8,684,291
10,060,833
705,684
225,135
900,315
3,406,290
corp
3,396,773
31,609,745
19,219,860
31,609,745
18,286,526
933,334
reserve
before divs.
pfd.
on
slock
of
parent
weekly kilowatt-hour output of electric energy of subsidiaries
corporation adjusted to show general business conditions of
served for the week ended April 3, 1947, amounted to 292,695,306 as compared with 243,547,080 lor the corresponding week in
1946, an increase of 49,148,226, or 20.18%.—V. 165, p. 1863.
this
Community
Frosted Food Co.—Stock
Peirce
Offered—Fred¬
&
Co., Philadelphia, on April 15 offered
25,000 shares of class A common stock (par 100) at $5
per share.
and,
from
all present
Pennsylvania
personal
property taxes.
preferential dividends of 25 cents per share per annum,
holders of class B common stock have received like divi¬
to
after
the
30,
present
earned,
the right
1947, may obtain payment
of
the
at
land, trustee, Cleveland, Ohio.—V.
conversion,
Central
which
National
expires
Bank
April
foods 'to
irozen
The
376,941
381,615
barrels
for
barrels
for
five
the
the
four
weeks
weeks
ended
barrels,
ended
Feb.
which
3,
weeks ended
with
compares
1947,
1947.—V.
165,
and
436 916
1862.
p.
retail
directors
April
in
to
Mills,
Inc.
Split-Up
—
Aporoved
New
—
Director—Sales, Etc.—
The
two-for-one
Directors,
April 7;.
on
floor,
one
and
located
Walnut
on
the
that
Streets,
low-temperature
side
east
'
r,
at
capital
the
of
Dillon,
Read
Directors.
headed
Co.
&
Other
Inc.,
directors
share
a
holders
was
were
the
of
elected
and
record
ot
meeting
investment
member
a
re-elected.
Dillon,
public oifering of Colonial shares
a
The directors declared
cents
recently recommended
stockholders'
a
extra
an
April
a
quarterly dividend
a
moving
rooms
of
12J/2
cents,
board
&
Co.
of
Inc.,
ago.
the
both
the
Read
year
on
banking house
of
stock of
new
payable
April
12'/a
28
to
21.
Under
the
new
shares
capitalization,
of
$5
the
capital
par
be outstanding,
378,609
The
account
shares
to. be
have
which
of
replacing 500.000 authorized $7.50
outstanding.
are
stcckhoiaeis
to capital
new
will
company
stock,
1,000 000
757,213
per
shares
shares
of
au¬
will
37th
to
be
purchased
market
the
RESULTS
value of the
THREE
MONTHS
ENDED
FEB.
28
six
an
in
its
1947
*
advance.
1946
Earnings
*Based
stock
Deliveries
made
are
distribution
to
be
at
frequent
company's own trucks.
Gross
sales
Gross
profit
Profit
$0.60
previously
reported
net
earnnigs
$3,366,732
of
all
charges for the fiscal year ended Nov. 30, 1946, equal
of the split-up, to $4.44 a share.—V.
165, p. 1862.
on
Brewing
Co.,
St.
The
McCourtney, President,
plan of
on
dated Jan.
merger
of
the
merger
of
Vollmer
elected
were
directors
E.
Stanard
T.
and
Upon fairly definite
removed
•
<
;
March
on
February.
"months
oi
The
1947
1,
Louis
Renard
both
II,
of
whom
have
been
the
resultant
company
profit
$99,014
was
that
restrictions on grains would be
increased sales in January and
before income taxes for the first two
assurance
two months of 1946.—V.
authorized
A
2,361
($50
50,000
first
par)
benefit
of
stock
common
additions
and
which
of
the
preferred stock of which none are
of non-voting
(10 cents par)
as
compared
with
163, p. 649.
$14,648
-
,
>
in
the
same
*
Broadcasting
'Changes Name—
name
of the
Columbia
System,
-V
Inc.
—•
Subsidiary
"**
Recording Corp., a wholly owned sub¬
sidiary, has been changed to Columbia Records, Inc.—V. 165, p. 1068.
shares
336,088
new
$2
$50
a
of
to
the
public.
shares
share.;
Preferred
stocks
Putnam
from
&
the
are
without par
value but have
$53.50
per
is
still subject to
representing the
agent,
common
Public;
accept
certificates
other things, will hold the
distributed for the account of
among
stock
not
preferred stock of Consolidated other than
surrender of such $6 cumulatiye preferred
for Atlanta's common stock; record in
the
exchange
in
public
owner
with
at
respect
the number ot
will
be
$2.40
on
offered
in
cumulative
share-for-share
a
exchange
Co.
of
&
Hartford;
Co.,
Chas.
to holders
Scranton
&
will
share
be
Co.,
Boston, have been named as the
sale
of
the
recently
raised
applied
$1.90
preferred
toward
stock,
plus
respectively.—V.
165,
ap¬
1536.
the
to
delivery
of
Atlanta's common stock, if
liability for Federal income and excess profits taxes
prior
net tax
years
any
In
the
tax
for the years 1941-1945 inclusive shall not have been finally deter¬
mined and settled prior to the delivery of Atlanta's common stock
then prior to such delivery, Atlanta will pay to Consolidated $881,634
plus an amount equal to all refunds theretofore repaid to Atlanta
and it will agree to pay to Consolidated all refunds of such taxes to¬
gether with interest thereon thereafter repaid to it and Consolidated
will agree to pay all now unpaid Federal income and excess profits
taxes which shall be payable by Atlanta for the years_ 1941.-1945 in¬
clusive with interest and penalties thereon (Consolidated resting .he
right to
require Atlanta to contest any tax c.alms). Furtnermore,
special dividend shall not be paid by reason of
that Atlanta's liability for Federal income and excess proHts
Atlanta for any now unpaid
and interest and penalties
the settlement oi
these tax obligations a sum equal to 50%
of the total of the sums
paid by Atlanta to Consolidated or 50% of the excess of such total
over
the aggregate amount of Atlanta's taxes as finally determined
and paid, which ever shall be the smaller amount.—V. 165, p. 1186.
Consolidated
through
p.
Atlanta's
fact
preferred and $2.20
basis, plus a cash
W.
Atlanta is to declare
the
special dividend 50% of the amount by which said accruals plus
tax refund exceed the tax liabilities as so determined and settled.
a
the sale of additional
financing the company's con¬
struction
program through
1949. Net proceeds from the sale of the
$2 preferred stock not taken by holders of the company's presently
outstanding preferred stock will be applied toward the redemption of
all
the $2.40 and $2.20
preferred stocks at $56 per share and at
$7,800,000
stock,
stock
certificates
the event that such
>v. ,c
stock
and Estabrook
proceeds
or
1941 through 1945 shall have been finally determined
and settled and Atlanta's net liability for such taxes shall not equal
or
exceed the sum of $881,634 (the aggregate of the accruals now on
Atlanta's books for such taxes),
Atlanta will declare and pay ■ ,o
Consolidated
and
Consolidated will retain for its own use as a
principal underwriters.
Net
distributing
Atlanta's
Furthermore,
preferred
outstanding
preferred
Haven;
Atlanta's
the certificates representing Atlanta's common stock nor
months after such deivery. During the period of dis¬
certificates
for
adjustment. The unexchanged portion cf the $2 preferred and all of
the $1.90 preferred stocks will be sold to underwriters for an offering
New
of
Atlanta's
-
cumulative
(if
certificate
aggregate current dividends exceed $450,000, then upon delivery
common stock, Consolidated will pay to the distributing
such excess. The agent will accept and hold such
sum
for the account of and for distribution to the public owners of
Consolidated's $6 cumulative preferred stock.
registration statement with the SEC
stock and 163,912 shares o(
a
$2
These
preferred
company's
common
Columbia
Power Co.—Registers
filed
8
preferred stock.
the
stock
a^ent a sum equal to
company.
April
company
The
shares of
common
26
the
or
of
funds derived from the present issue of class A
be used to reimburse the treasury for the cost of
improvements and to increase working capital.—V. 165,
stated value of
of
the 802,533
shares of
these
none
Issues—
$1.90
of
of 7
issued
to
delivery to the distributing agent of Atlanta's ccmmon
and pay to Consolidated current dividends
period from Dec. 31, 1946 to the date of delivery in an aggre¬
gate amount of not less than $450,COO. Consolidation will retain for Its
own use from such
dividends the sum of $450,000. In the event that
1586.
covering
basis
the
preferred
Prior
will
Connecticut Light &
The
loan
the
each
for
PURPOSE—The
p.
bank
deliver
of
stock,
authorized
shares
stock,
common
proximately
The
3,983
4,623
of
(elected directois.
;
6,531
12,259
at
Rollins, Jr. and L. A. Freund, two of
the noipinees named in the
proxy statement mailed to stockholders,
'informed the management of this
company that they were unwilling to
accept election as directors and the management recommended in their
stead
17,513
9,873
of
successor.
—
the
this company to serve until
.the next annual meeting of stockholders ana until their successors have
been elected and qualified and will continue to so serve
as directors of
'the surviving corporation.
F. P.
'
class
this
the close of business on that
day;
Fred L. Davis, J. S. McCouctney. J. Adolf Merten, Louis Reward II,
Wm. P. Rowan, Gordon Scherck, E. T.
Stanard, Mark C. Steinberg and
Karl K.
13,915
15,816
election
the time he shall surrender his
to the $6 cumulative preferred
shares of Atlanta's common stock
to
which he is entitled and concurrently issue to him a certificate
or
certificates representing Atlanta's sharc3 so recorded; and deliver
the surrendered certificates of $6 cumulative preferred stock of Con¬
solidated to or in accordance with the order of Consolidated or its
FINANCIAL—Capitalization consists of 25,000 shares ($1 par) par¬
first preferred stock, authorized and outstanding; 25,000
duly approved
effective
31,616
19,026
for the
of
stock of Consolidated
25,843
___
taxes
to provide
Atlanta;
of Consolidated,
stock on
share
name
the
1941
1942
1943
1944
April 1 said in part:
1947, and setting forth the terms
company and Ems Brewing Co.,
by the stockholders of said companies at meetings
separately held for that purpose.
Accordingly, articles of merger be¬
tween said companies were filed in the Office of theSecretary of State
cf the State oi Missouri on March
31, 1947 and the merger became
and conditions
was
stock
25,000 shares arc
fective—
J. S.
1945
3,
Ef¬
and
than
Central
the
founded, it has snown
gained in recognition, as
ticipating
shares
Mo—Merger
each
present
agent of
shares
was
have
ratios, and
for
the
the owners of $6 cumulative
are
outstanding, but of which
currently offered; and 50,000 shares authorized and
outstanding of voting (10 cents par) class B common stock.
The 25,000 shares of class A common stock are being offered for
Louis,
stock
common
to
shares
tribution,
profit after
outstanding;
Columbia
the
more
in¬
taxes
come
Net
after
the basis
foods
provide
such stock, assigned in blank, to an agent to be
selected by Central Public, with the approval of the Commission, this
agent to act both as distribution agent and as Atlanta's transfer
agent. Upon the day following the day of delivery of Atlanta's common
stock to said agent, distribution of. said stock to the public holders
of the preferred stock of Consolidated is to commence and will con¬
tinue until terminated by the agent. The termination
date is to be
not eariler than 23 months after the date of the original delivery to
$711,509 $445,605 $333,052 $227,719 $123,623 $51,251
129,133
94,703
62,512
59,351
36,687
17,733
before
income
company
by
specified
Directors
preferred
new
lien)
such
reta.l outlets.
routes
of
to
Atlanta
802,553
through groceries,
regular
over
certain
certificate
irozen
as
to
By the terms of Second Plan, Consolidated is to be caused to secure
release of Atlanta's common stock from the lien securing Con¬
follows:
split-up.
The
intervals
Since the company
progressive growth,
451 034
outstanding after giving effect to the
effected
is
meat markets, delicatessens and simhar
other things,
Atlanta, among
charter of
distribution
solidated's
has been
"Snowbird"
brand
own
shares
stock from 250,000
presently outstanding common
to 802,553 shares (par $10);
the
and Mercer County in New Jersey,
terminable by either party at will. The Seabrooic
DISTRIBUTION—Domestic
52.15
capitalization
on
transit-storage
approximately 18,00u acres of farm lands
(of
appiox.mately 11,000 acres are owned by an affiliated company
approximately 7,000 are leased) and is a wholly owned subsidiary
of the Deerfield Packing Corp.
In addition, the product of some 650
or 700 farmers is bought under contract.
This latter company operates
the largest quick freezing plant in the world.
$5,6ub,599
share
per
Its
common
its
$25),
originally in August,
1932 or February, 1933 and 5 shares of new common stock of Atlanta
for each share of $6 cumulative preferred stock issued originally in
December, 1945 (there being only 744 shares of such stock outstanding).
warehouses,
public
(par
voting and limited preemptive rights to the common
certain limitations with respect to the payment
on said common
stock in the event the common equity
to
The
Atlanta's
which
1,627,948
taxes
various
temperature
shares,
and
the
Board
holdings of
operates
$8,357,716
Sales
in
zero
Public is to
following
the
establish
to
new
a
of
years
1946
Net earnings after charges and
own
Central
effectuate
public holders of the 114,863 shares of
Consolidated's $6 cumulative preferred stock, and in exchange for their
Pennsylvania
agreement
Co.
Modify
(d)
and
a
FOR
far in
fox*
Counties
Bucks
under
which
paid-in surplus
them
stores
to
Atlanta
transferring thereto lrom Atlanta's capital surplus
from-its earned surplus account $1,814,813;
by
$207,092
reduced
is
of
and is widely and favorably known.
Tne
company also distributes the "Seabrook Farms" frozen products to the
retail
stores
of
Philadelphia,
Chester,
Delaware,
Montgomery
and
on
specialty stores,
par
and
bulk
in
Plan,
Second
or
reclasify
and
shares
240,145
dividends
of
in
transit-storage
required for distribution. It also buys, from week to week,
currently produced fish, poultry and cooked foods, which do not have
'
approved transfer of $943,522 from
to cover the aggregate inciease in
outstanding.
CONSOLIDATED
vegetables
them
carrying out
Consolidated
Increase Atlanta's common stock capital account from $6,003,625
stock,
as
Farms
Karl
Robbins, President,
announced
that
unaudited
consolidated
net earnings for the
company's lirst fiscal quarter ended Feb. 23 1947,
set a new all-time record.
thorized
and
by
application
an
cumulative
for
mechanical
equipment
includes
five
compressors,
a
unit
airconditioning machine and all the pertinent ducts, difiusers, plates, etc.
The company wholesales a wide variety of items.
It contracts in
quantity, during the growing and packing seasons, for its supplies of
on
held
'
®ran<^» Vice-President
■
.stock,
annual
with
have
$8,025,530
account
covers
of
to
Increase Atlanta's authorized
(c)
mortgage,
subject to an amortizing
and concrete construction
fee,
Utility Corp. has filed with the SEC
notes
irorn
(b)
wholesale
Philadelphia.
The
rooms with
a
total cubical content of 22,000 cu. ft., a large air-conditioned packing
loom, an air-cooled processing room, the company offices, truck loading
and garage areas, supplies storage space and tne headquarters of an
affiliate that is engaged in institutional distribution of frozen foods.
iruits
split-up of
approved
was
164,
Dec.
of
1,000,000
to
For the
distribution of
in Pennsylvania.
in tne
Public
connection
(a)
to
The
Colonial
at
stock
semi-annually,
dividends
pay
1939,
20,
engaged
brick
of
two
Angus,
transactions:
13.
been
Chestnut
houses
add.three:
to
company
undertake
outlets.
owns
between
structure
the four
March
3,
sq.
the
has
plant
ft., all
14,000
The company announces that its
production for
March
31, 1947 amounted to
and
it
company
Street,
Colon Development Co., Ltd.—Productionr—
of
incorporated Oct.
was
years
seven
commodious
164, p. 1590.
Oct.
on
Company
Cleve¬
of
intention
reconstituted
annum
In
Exempt
Entitled
H.
been
now
the board, which now comprises the follow¬
Rolland L. Ehrman, C. Glenn Hunter, Thayer
31, 1946 Consolidated's capitalization consisted of $10,payable to various banks bearing interest at 214%
and maturing Nov. 29, 1948; 183,719 shares ox $6 cumula¬
tive
preferred stock of which 68,856 shax-es are owned by Central
Public and 114,863 shares are owned by the public;
1,480,000 shares
of Class "A" non-cumulative stock, (par $1 per share) and liquidation
preference $25 per share (all owned oy Central Public); and 1,000,000
shares of common stock, (par $1)
(all owned by Central Public). As at
Dec.
31,
1946, dividend arrears applicable to the preferredrstock
amounted to $85.85 per share on the 114,107 shares issued, in August,
1932; $84 per share on the 12 shares issued in Feb. 1933; and $7.50
per share on the
744 shares issued in 1945. As at the same date
Consolidated owned
and controlled
directly and indirectly
17 sub¬
sidiary companies, including Atlanta.
' '
As
territory
erick
has
directors
Angus to
6,
750,000
per
The
as
has prepaid the
months oi March to
direct subsidiary of Central Public, to transfer the common stock of
Atlanta Gas Light Co., all of which is. now owned by Consolidated, in
exchange for the publicly held preferred stock of Consolidated in full
satisfaction and discharge of .the claims and rights of said publicly
held preferred stock.
of
Weekly Output Increases—
l,
Angus
the
pursuant to Section 11 (e) of the Public Ut.lity Holding Company Act
of 1935
(this being the second plan filed with the Commission by
Central Public).
The transactions proposed are summariz:d as follows:
Central Public proposes to cause Consolidated Electric & Gas Co., a
divs.
stock
David
of
Mr.
of
Central
of
Appropriation to special property
of
Mr.
for
Consolidated Electric & Gas Co.—New Plan Filed—
disc.,
expense
pfd.
on
past
100 and interest.
Holders not excercising
that
14,647,987
64,644
debt
debt
and
55,777,045
dends, entitled to participate equally with holders of class B common,
for share, in any lurther d.stribution in the same year.
It is
1947, at
at
made
agreement
1591.
April
share
Clyde Porcelain Steel Corp.—Partial Redemption—
the
under
tricity
25,685,148
5,399,686
1,133,257
long-term
(27,878,593
5,535,329
Minority stkhldrs. int.—
by
\
and
company
on
April 9 announced that System output of elec¬
(electricity generated 'and purchased) for the week ending
1947,
amounting
to
203,200,000
kwh.
compared
with
183,800,000 kwh. lor the corresponding week of 1946, an inciease cf
10.5%.'.> Local > distribution of electricity amounted
to
191,900,000
kwh., compared with 179,700,000 kwh. for the corresponding week
of last year, an, increase of 6.8%—V. 165, p. 1863.
16,478,221
''
j
subsidiaries
Investment
advisory report on the
though the management
the
Consolidated Edison Co. of New York, Inc.—Output—
8,790,104
4,496,3404,319,729
excess)-
taxes...:
deductions
Divs.
4,562,245
a
protesting stockholders explained that
the SEC is authorized to make such an
Act,
and
341,855
(17,709,606
subsidiaries
prem.
ing:
'
income-.:
Amort,
of
that
is
announcement
board
The
413,171
taxes———_—]
Oiner
concern
interested
approve
the
sucn
is
emphasized
to
ago
consolidation
management refused
Eaton
study
26,
payments
The
p.
\t
a
stockholders
had asked
1,992,648
acqui.
adjustments—_
on
of
$
sub¬
ceal company controlled by Alleghany
Corp., in turn
controlled by Mr. Young, announced tnat it
had disposed of its entire
block of 34,500 shares of Clifls
Corp. stock to an account of Ol's &
confirmed
and
6
between
1947, as reported to tne share¬
the special general meeting held
Lindsley, W. B, Maxwell, Hugh Park, and W. Ralph Salter;—V.
1947—12 Mos.—1946
-
plant
inc.
of
agreement
and
Feb.
on
18,865,702 235,653,210 215,735,101
6,948,014 107,300,219
92,237,939
1,856,418
22,425,494
21,476,828
9,830,770
v
deprec—
of
profits
purpose.
Eight weeks ago,
Cliffs Corp. and the
reached
22,268,259
expenses
for
Fed.
institute suit
dissolution
revenue—
Amort,
Young,
Feb.
on
into
1,
August inclusive, and has paid in to the treasury of the company
the sum of $453,528 in the purchase of the entire unissued balance,
of the capital stock of the company.
*
•''■'({jj
Gross
the
entered
19.0
*"
Steel, Corp. The ClevelandLaughlin Steel Corp.
agreement
179,190,000
184,731,000
184,931,000
1947—Month—1946
owns1 large blocks of Jones &
and Republic Steel Corp. stocks.
Severe criticism, was leveled at
Cliifs
Corp., Youngslown Sheet & Tube
Republic
165,
option
Commonwealth & Southern Corp. (& Subs.)—Earns.—•
Federal
Corp,
also
Conn.—V.
16.5
1863.
p.
Period End. Feb. 28'—
sition
in
Hartford,
% Inc.
<
Cleveland-Cliffs
stock
common
stock in Inland Steel
common
Wheeling
Cliffs Iron Co.
of the
the
to
Angus under date of Feb.
nominees
and approximately $24,000,000 current market
(408,29G shares)
value of
Co.,
Corp.
St.,
.
—V.
Company Act cf
Main
(%'•.'i"•'f''u!v-■ *'V
1946
ment's plan.
Investment
777
180,339,000
210,114,000
213,22f,u0o
213,042,;00O
215,088,000
March 22
trustee,
Consolidated Bcattie Mines Ltd.—Stock Options—
Fol¬
year.
tour
Redemption-
been
general
Bank
Cleveland Graphite Bronze
5
?
,
;
.
Federal
will undertake to indemnify
income
thereon for
and
excess
profits
taxes
said period and to repay to At'anta upon
-^rrrrrrrT.
6
Consolidated
Baltimore
Gas
To
Electric
Light
—
Forecasts of
to
the
increased
three-vear
spend as much
and
in
steam indicate that
of electricity gas ancl
use
period
the company may be required
in building new plant and equipment
1947-49
$50,000,000
as
replacing existing facilities.
unit
new
capacities of five existing substations,
expansions
Estimated ex¬
penditures for gas installations include additional production facilities,
two new gas holders, and extensions to the gas distribution system.
It is expected that approximately one-third of the needed funds will
the
electric
transmission
and
and other
distribution
has
approved
of the
common
recommended
capital
new
offering to holders of
an
plan
a
one-half
common
will
be
by
raised through
board
the
the
raised
of
management
through
in
1947
stock of debentures convertible into
and one-half through the sale of mortgage bonds in
1948 or 1949 as required.
•
So fas as can now be foreseen, the expected
growth in business
stock,
,
.
.should
enable
share
per
will
the
per
to
company
continue
total
the
annum, on
its
dividend
present
amount
of
of
$3.60
stock
common
which
be
outstanding after the debentures have been converted. The
company has uninterruptedly maintained
the $3.60 rate since
1930.
Accordingly, the directors have authorized an offering of not ex¬
ceeding $16,677,100 principal amount of convertible debentures to the
Jholders
of
common
of
proportion
stock
A
held
stock
of
$100
of
record
registration
filed
with
tion
for
the
for
debentures
on
for
at
each
price
a
of
100,
shares
seven
of
in
the
common
April
18, 1947.
relating to the proposed offering has been
Exchange Commission, and an applica¬
issue the debentures has been made to the
statement
Securities
Cash
authority
to
of
Maryland. See also V.
165,
1863.
p.
securities, at cost__
(less reserves)--
receivable
(less
reserves)
270,307
Inventories—
7,621,854
Other
pay¬
4,055,416
4,050,920
214,638
:
-
deferred
debits——
Tne
critics described in court
201,385
The
.
.
,.
40,925,385
497.921
180,013
320,x36
*74'9?f
4,211,702
payable
-:f--------8-887'888
Amounts payable to annuity fund, trustee1,265,000
Claims payable—Cleveland fire.A
J1
268,982
Customers'
deposits
;—220,469
Federal income taxes accrued
<est.)__
8,540,060
Accounts
accrued
taxes
237,774
5,629,003
William
213,947
liabilities—,—_—. 139,214
200.922
construction—^
:
245,277
Reserves for depreciation, depletion and amortization of gas plant & otner property accts. 109,506,787 107,038,601
Other
annuities
in
Earned
lb4,ro3
47,387,833
65,593,747
—-
165,
47,387,833
56.845,391
rejecting
Consolidated Grocers
Corp.—Earnings—
3S Weeks Ended March 8—
Earnings
Federal
before
Federal
0,077,171
3,820,959
2,303,257
2,149.580
Minority interest
Net
'
7,773
37,283
Gross
$3,700,141
Earned per common
—V. 165, p. 1725.
share
$1,040,090
$4
„
*1 7r
$6,936,754
Amort,
General
Federal
taxes-.
587,792
33,882,373
7,137,416
8,762
The
The
Rio
and
Denver
Grande
Junction
Salt
&
Final Decree
trol
8,762
105,146
1,203,746
1,296,768
13,581,744
(8,429,798
j
Consolidated Retail Stores, Inc.—March Sales—
Period End. Mar. 31-- ^ 194.7—Month—1940
1947—3 Mo?.—1946
Int.
$3,023,671
—V.
$3,165,365
$7,371,103
$7,732,680
?
165, p. 1313.
Consolidated Natural Gas Co.—Annual
Report—Addi¬
tional Stock to Be Offered
Stockholders—F. H. Lerch,
President,
Net
to
consolidated
$4.02
sions
2,204,953
3,281.793
5,079,807
per
sales of
Gas
J.
;
Foster
the
final
:V;. -V/-V
the
at
'
The
Symes
decree
March
decree
the
158,023,894
MCP
(thousand
end,
year
is
The
another
cubic
feet)
during 1940
customers, totaling
and
number of
new
record.
These
purpose.
new
and
cash
additions
capital.
permanent
have
resources
future
must
the
the
Any
stock
directors
Thihs
t
for
the
of
ratio
of
taken
not
by
may
decide.
sale of stock
the
for
each
value
of
will
five
the
be
approximately
of
the
Denver
&
and
balance
the
still
company
,
stock
of
each
of
the
past
dividends
of
Die
light
of
its
now
be
stated
may
annual
and
par
The
dash
three
share
per
will
to
be
total
that
authorized
of
the
as
from
come
only
cash
type
one
of
the
period,
company
totaling $2 per share per
justify such action.
has
$1
the
will
year
pay
as
paid
regular
share
per
dividend
long
In
policy
regular
semi¬
its
ara-
as
company
ACCOUNT
the
an aggregate par
company
dividends of
this
after
luring the
FOR 'CALENDAR
YEARS
Lake
Salt
C0I?mercial Sas sales $42,687144
las
Wholesale
Ote
Other
sales
fafes3'!!:::::::;--—
gas
operating
revenues
$39,1565696 $35,454*215
21-782-708
2,439,015
revenues
2,837,857
lire
neprcc., depletion and
e£t2.to
4,771,087
6,700,000
Other
taxes
^Special charges
.
f Portion
of
______
and
payment
to
;/
..
IPortion
sales
made
of
in
4
3
prior
years
811,000
nw'non
in
paid on gas
prior years_____
number
elected
o^«eL^atlng revenues
income
Period End. Feb. 28—
510 000
______
Operating
__
$12,114,674 $10,070,925
_—
Interest charges
Miscellaneous income
deductions
Federal
$7,374,526
343,432
324,023
$12,674,082 $10,394,948
33,507
47,735
44,734
433,709
Net
Dividends°SLCirf
$12,595,841
Earnings per share
5,456,718
earnings Ser share__^__—.
$4.62
54 718
Other
*
,
•
oper.
incmne'IVSxes
kfifirfnno
$1 609
in
*TU.T£
of
io!fc
^ P?e
29?
thereto-
or increase in
tBalances of $754,000
t6H >2H iR+ 1944 charSed
^rgW^bS8^?^-1
$7,627,616
5,456,718
$3.63;'
attributered"ctions
tBalance
$9,913,504
5,450,718
be held
on
from
to
12
the company's
M.
Hobart,
on
Other
April
16
inconxe___
Transfer to
and
deducts.
surp.
res.__
1946
15y
to
of
has
EUrplus'
profit
Earned
holds,
$231,939
$2,971,678
1,266
$232,305
$2,973,044
46,667
560,0G0
7,053
6,629
11,158
78,28.9
57,507
38.970
635,540
Cr99,853
$140,039
$1,696,346
$1,586,850
334,935
363,677
-V.
.
165, p.
i'V-
'
—
1588.
$l,361,4li
184,944
145,379
139,263
47,077
12,178
7.37G
25,760
*1,373
*3,910
1947—Month—1946
1947—8 Mos.—1946
$1,040,877
$8,590,811
'
$8,675,061
3
filed
B
letter
a
common
and William A.
of
SEC—
notification
stock
on
Spanier,
behalf
all
with
of
officers
the SEC
Clarence
of
Wi.
company.
Dec. 28, '46
Dec. 29, '45
$3,705,621
$3,121,339
545.327
297,289
$1.68
$0.97
share
outstanding
stock
real
two
of
acquisitions, $1,289,161,
notes to banks
from
estate
was
companies.
The
financed out of working
164, p. 1591.
and others.—V.
cents
A
chare,
per
payable
May
to
1
stockholders
portion of this dividend will be derived from
of
net
record
accumu^
realized on sales of portfolio securities during the year. 1
The company on Feb. 1, last, paid a similar dividend.
In 1946, payments were made as follows: Feb. 1, May 1 and Aug. 1,
2 cents each; and Oct. 25, 8 cents.—V. 165, pp. 681 and 206,
profits
Helicopters, Inc.—Stock
Frasier
Offered—An
issue of
30,000 shares of common stock ,(par value $1)
offered March 21 at $1.25 per share by John Nick-
was
Securities
& Co., Inc.
erson
were
offered
as a
specula-
'
tion.
HISTORY
be
EUSINESS—Company
AND
was
incorporated
in
Delaware
Glidden S. Doman, President, organized the company
of carrying through his ideas of the proper develop¬
rotor system for a helicopter, different in certain important
1945.
the
purpose
of
a
able
to
interest
the
hinged
type
being
used.
orders
as
from
certain
in
or
that after test flights, if successful, it will
for its rotor unit and promise reasonable
its subcontractors will be tooled up for small
believes
accept
orders
on
articulated
the
from
company
of
the
the
expectation
Army
and
their helicopters.
of
the company to be able to
Guard to place the Doman
Other companies have evidenced
either for the purpose of building
Coast
product,
using the company"s
company's
themselves
helicopters
Rotor Unit,
or
for
the
of building it under license. However, there are no production
contracts or business on the company's books at present.
purpose
capital is 300,000 shares *($1 par)
Previously outstanding (but not including this issue
are 133.165 shares which were issued for the fol¬
lowingIssued to the public for cash ($45,000), 45,000 shares; in
addition
the
following shares have been issued for property and
services and accepted as investments by the parties concerned: Gerald
F
Finley
Vice-Pres.,
legal services, 5,500 shares;
rent payment,
1200
shares; engineering
ana
advisory services, 6,465 shares; purchaso of rights to U. S. Patent applications from Glidden S. Doman,
*75 000 shares;
total, 133.165 shares.
[^Originally 125,500 share3 of
which 50.500 were later
returned by Mr. Doman to the corporate
CAPITALIZATION—Authorized
common
of
560,000
$1,223,173
*6,282
taxes
-
stock.
30 000
treasury.]
shares)
'
_
V-v;'/-Tv-'''..-
,
'
"
net proceeds are to be used for construction
helicopters and other corporate purposes.—V.
PURPOSE—The
§Bala"c<! °f
*1,957
be sold through Bennett, Spanier and Co., Chicago,
p. 2956.
164,
total
15.
lated
$2,125,281
46.667
*2
2,929
1944
$67,28(5
1314.
class
common
and
two
Anril
$2,113,653
11,62S
$254,027
5,423
Dividend Shares, Inc.—To Pay 2-Cent Dividend—
directors,, it was announced on April 3, have declared a dividend
1,159,565
923,242
$254,027
13,531
The
of
1,700,126
939,528
1945
$68,173
President states in his letter to stockholders that
acquired during the year eight additional theatre lease¬
51% interest in three corporations operating five theatres,
a
capital
3,911,383
1,156,070
1946
$81,346
68,206
April
of
cost of these
total
$9,807,969
77,736
the
period
the
bridge
also>
of the year over
36,954
p.
on
after
per
the
and
1947—12 Mos.—1946
96,622
Ambas¬
for
company
Unit
102,620
quarter
the
same
Harry Frcedman,
the
been
'1,597,231
>
first
52 Weeks Ended—
Net
receive
$807,250 $10,733,218
283,199
4,068,711
crossing
of
Bridge,
the
254,091
Ray T. Haas,
The
Corp.,
the
in
111,979
shares
essentials
Johns-Manvillc
than
Operating revenues
The
Curtis'
vehicles
of
tolls
International
greater
District Theatres Corp.—Earnings-
permit
activities.
manager
operating
gross
T,l
1947
165,
company
agent.—V.
as
to deferred assets.
.Balance
plan.—V.
1583.
p.
Doman
117,754
Balance
$142,300
Divs. applic. to pfd, stocks for period
Federal
Rio
&
RR.—Merger—
Detroit
for
income
The securities may
will
366
rntge. Aonds-
int.
the
and
Lake
Denver
Ry.—Earnings-
railway
15,000
Kraft,
165, p. 71.
1947—Month—1945
income-
$2.80
in
revenues
Salt
&
into
the- reorganization,
Disticraft Inc., Chicago—Files With
40,624
Int.
.
to
165,
The
for
funds on
"78,812
—
approved
Denver
Denver
merged
with
$1,094,321
—V.
Co.—Earnings-
-132,979
Otner, tgxes
Depreciation
$7,722,958
be
56,325
delivery inasmuch
production.
It is
352,155
taxes
Gross
'
the
$920,593
revenues
in
meeting
will
5125,715
Period End. Mar. 31—
165, p. 936.
Dallas Power & Light
____559,408
mconie
directors
Donald
President £of
director.—V.
a
5%
railway
oper.-
for
Operating expenses
Other
meeting
additional directorships.—V.
Lea,
Ry.
com¬
Diana Stores Corp.—March Sales Increased 5.1%—
used to acquire
W000
Crl,072,000
______
ry.
August
W;
of
income
-Deficit.—V.
Curtiss-Wright Corp.—New Director—
3,860,300
W9M0#
from
Net
*
of
recommends
to fill the
Robert
4*M#°
Net
ment
gRfin?nn
799'5m
3,799,501
refund
made
statement
from
Gross
Co.—To Increase Directorate—
annual
Lake
2543.
p.
railway
oper.
election
605-11
4164 992
cq C07
79o'l59
ry.
department;
Peter
S.
Paine,
President
of
New
York
&
Pennsylvania Co. which supplies the bulk of the company's paper
requirements, axxd Robert H. Reed, Editor of "Country Gentleman," for
annuity
}PoXt7l«f.rn-r;S-,7o7Ta"s
purchases
72 642
3
increasing
on
the
Salt
reorganized
From Jan. 1—
research
4]436',656
4,032!oOO
'
credit—
Net
102%% of $14,The registration
the
representation of important sections of
proxy
lltlHl
amortization
mC0,^e
es estimated—
income taxes„^„
vote
at
stockholders
increase
the
over
number
Sales
Curtis Publishing
»76,048,027 $69,631,™
$63,902,639
:Si^= 11 1 M
'210246
from
¬
t
.
that
&
above.—V. 156, p. 2305.
the
by
were
total
164,
Net
Pub
1947
The
an
that
operated
of
February—
Gross i ro.-n railway
The company now contemplates that the bonds will be publicly offered/
early in May.—V. 165, p. 1CG9.
/
'•SSgJ
Lake Ry.
Detroit & Mackinac
$7,205,237
$7,648,820
$1,243,899
.
20,956',127
2,604,102
2?'22!'6"
at
agreement,
RR.
accordance
in
repeats
company
Bridge,
quarter
1946.
of
0.8%—
Company will obtain these
the- most advantageous terms which the marked affords."
The
Cleveland
$5,270,362
1947—6 Mos—1346
1947—Month—1946
assured
10,
road
Detroit International Bridge Co.—Bridge Tolls Rise-—
sador
on
be
April
on
2,400-mile
Ry.—Merger Approved—
the
Western
Denver & Salt
The
3,024,975
facilities,
can
we
Court
the
oi
1864.
p.
Denver & Salt Lake Western
bond issue at competitive sale, E. A Cudahy,. Chairman, issued the
following statement;
"Officers of the company have followed with interest the competitive
sale- of state, municipal,
public utility and railroad issues and nav,e
been very favorably impressed with the results obtained.
We have noted
wide-spread feeling on the part of public and quasi-public bodies that
onTy through competitive bidding can assurance of a fair market ap¬
praisal be obtained and the interests of taxpayers and consumers be
adequately protected. Although we as meat packers are not subject to
the same considerations affecting municipalities, utilities and railroads,
we
feel, a sense of responsibility to our stockholders, employees and
customers, which requires that we arrange our finaiicing on the most
advantegous terms available to us. We- believe that the cost of money
is just as much a cost of doing business as are any of our administra¬
tive or operating expenses. In view of the long-term improvement which
has characterized the company's operations and cre-dit position and the
seasoned nature of a Cudahy Packing Co. obligation, we feel justified
in assuming
that this new offering will receive general investment
acceptance end will attract bids by representative underwriting institu¬
tions.
If these expectations are- realized, this financing will be sub¬
jected to the broadest possible range of informed investment appraisal,
funds
and
,
p.
See
gage
the
amount
position
CONSOLIDATED INCOME
and
offering.
of
return
properties of the Rio Grande Junctioa
company
Western RR.,
Although offering at public competitive sale has become the general¬
ly accepted method of financing state, municipal, public utility and
railroad capital requirements, this announcement marks the first time
that the management of a large industrial company has elected to issue
new securities
at competitive bidding.
In commenting upon the company's decision to offer the new mort¬
of additional shares
with
the
extra
during
*3VS3» to' a'totaf'of'87?930
jj
held
of
Sales Dropped
first mortgage fund bonds, series B, due 1964.
states that $1,000,000 of the funds will be
additional
District
S.
the
96,464
Proceeds will be used for redemption at
bidding.
ot"
1854.
$3,235,333
statement
stock,
is conservative
of its business.
outstanding security is 2,723,359
value per share, having a total
years,
and
experience
dividends
and
; ings
$1
tive
,a caPital'zation that
plant and the volume
$15
$40,925,385.
v/ith
the
Under
Grande
1313.
company
U.
merger of the Denver
Wester* RR. into the
Lake
of
165,
agreement.
April 4 filed a registration statement with the SEC
covering $15,000,000 first mortgage sinking fund bonds, series C. due
1967. The names of the underwriters are to be- determined by competi¬
increase
shares
time
half
valued? $49rieia0 465UI ^ 3'274'031 £hares having
In
Crl 7,044
Bidding—
The
financing
capital
disposed
supply
s,Ize
capital
lic
plant
part
necessary
should
company s only authorized
par
4,608
$1,373,716 $14,333,37.)
205.420
2,465,1)4
t
1
Cudahy Packing Co.—Registers Bonds—To Seek
at' the annual meeting
the stock will be offered to the
stockholders
will
large
company's
y1^y.
business. The issuance
leave the
stock
of
in
in
permanent
program
construction
capital
.«haies
the
approve
share
one
<nCrpiiytinnU fS +i?ing- and, Vth
*
'
of
for
below the market price prevailing at
price
a
invested
financed
plan
shares
/.stockholders will be asked to
ni5edTrCai5ltalv,of ^he
? ?i yJ '
Zl Under the Plan
stockholders in
/at
be
a
xir«,raSi
™
448,160
$1,171,295 $11,868,104
$1,233,993
p.
Grande
Salt Lake RR.
&
■■
the
the
Salt
transfer
merger
/>
000 006
«™hdSCtorS1 h^Vee,.e £E£0Vld
through the sale of
545,672
been
now
165,
Denver
.
of
Denver & Salt Lake
showed
-March
:
—V.
reorganization
7.
&
trustees.—V.
escrow
1453.
Period End. Mar. 31—
Sales
the
Denver Rio
RR,
authorizing
authorizes
Denver
1946 —V.
the
.facilities
p.
Crown Drug Co.
expansion program and
normal
budget requirements calling
expenditure of $50,000,000 in the next two
years compel thiscompany
to
raise
additional
capital
to
augment
cash
currently
available
from
operations.
Heretofore,
considerable
expansion
has
ween paid for out of the cash
reserves built up in
prior years for this
Tor
-
205,420
stock
$1,285,03-3
165,
with
private ownership and control after almost 12 years of trusteeship.
Stating he was merely following what already had been decided,
the U. S. Supreme Court, Judge Symes stipulated the transfer
ox
the properties of the debtor company be effective at 12:01 a.m..
April
11
under an
amended
certificate
of
incorporation
fixed
in
of
:«,e£<L11% ®reater than in 1Q45.
803,743
—V.
railroad's
the
by
iirst
for
that
;
Judge
5,035.140
37.244
Crl,613
$1,490,457
pfd.
on
said
Signed Returning Road to Private Con¬
••••-,
signed
$1,707,085 $18,233,338 $17,641,121
288,515
3,468,843
4.214,173
37,354
income
Divs.
1946 amounted
to
$12,595,341
equal
capital stock, after all deductions and' provi¬
depreciation and depletion.
In 1945 the net income
share.
taxes,
$3.63
was
income
share
per
for
288,560
and
expense.Other deductions
Net
Goshen RR.,
Western
disc.,
debt
of
prem.
Balance
March 27, said in part:
on
debt
long-term
on
Amort,
-
.
■Sales
$1,314,699
income
Gross
Ry.,
Lake
165,
"
tho ICC
reorganization involves consolidation with
Stockholders
(
taxes
1,948,685
629,750
depreciation-of plant acqui¬
adjustments—
$61,355,177
26,436,502
6,611,000
$5,549,093 $71,369,815
3,279,796
expenses
for
sition
income
1947—12 Mos—1946
1947—Month—1946
revenues
Operating
Prov.
7,
Ry. and Goshen Valley RR. to the reorganized company.
The decree authorizes the reorganization committee headed
by Johiv
Evans,
President of the First National Bank, Denver,
to serve as
Co.—Earnings—
Period End. Feb. 28—
$102,507,492 $73,773,529
taxes
taxes!
income
1945
April
from the line's trustees and proceed
under supervision of the Denver District Court.
and
Consumers Power
1947
■
petition
charter
pany,
Sales
this
services of the attorneys."
reorganization committee is composed of John Evans. J. F. Fitzpatrick, Harvey J. Gunderson, Richard K. Paynter Jr. and Eugene A.,
Schmidt, Jr.
The ICC authorized them to take over the railroad's
The
Delaware
1453.
p.
line.
the
In
282,617,237 265,991,431
Xotal
—V.
150,08b
construction
of
aid
surplus
surplus
Capital
The court
New
to
2„
reserves
Contributions
Hodges of Denver and F. C. Nicodemus of
for
advances
for
Reserves
V.
York, who
said they acted as attorneys for the
road, asked the ICC last week for,
delay on the reorganization because they said Congress might pass rail¬
road reorganization legislation that would make
possible another plan
1,726,167
*,8?7,o^
—-
—
38~2~951
Qther current and accrued
Customers'
economic conditions warranted further review.
affirmed its original finding.
board of directors had "terminated the
Capital stock (par $15/6t-r
~-f-~
Lcng-term purchase obligations*:-*— -,-L
Purchase
obligations _■—__——;T-|rr
Other
insufficient to meet tnc claims
as
reorganization
program, originally approved in U. F. District
Court at Denver was tirst upheld by the Supreme Court in 1946.
The
read brought the matter to the tribunal
again last month, pleading
for
i.
LIABILITIES—
proceedings
erechtors.
a'!
ox
282,617,237 265,991,431
Total
directed the reorgan¬
carry out reorganization of the
under a plan the Supreme Court has twice approved.
plan calls for a total capitalized value of $155,000,003, which
company
thit changcc
760,568
annuities
for
Miscellaneous
4,174,596
731,304
assets
supplemental
of
balance
Unamortized
ments
accrued
and
current
6,630,982
5,413,023
in 'underground storage, at average cost
Construction and operating materials
and
supplies, at average cost
Gas
The Interstate Commerce Commission March 27
committee of the company to
ization
4,301,026
17,289,698
j>,21b,473
6,808,u64
376,741
accounts receivable
accounts
1,361,016
1.291,354
5,111,711
.6,360,185
to Start Court-Approved Reorganization—
pany
743,545
■fSf'iS
Government
States
Denver & Rio Grande Western RR.—ICC Orders Com¬
15$45
243,857,046 221,000,683
.
—-
United
Customers
and
Service Commission
Public
subscription,
.
Monday, April 14, 1947
31
DEC.
OF
at cost
Other investments,
necessary
systems.
be obtained fiom operations, leaving the remainder to be
the issuance of securities. After careful consideration,
whereby
AS
1848
at cost or less
physical property
Other
4
directors
SHEET
BALANCE
,
Gas plant,
is
expected to be ready for operation in 3948. In addi¬
tion, work on a new 60,000 kilowatt unit, to be installed at the
Westport power plant, will be started later this year. The program also
calls for the erection of six new electric substations, increases in the
of
ASSETS—
Other
Estimated
expenditures for electric installations include
a
third
€0,000 killowatt electric generating unit at the Riverside power plant.
This
CONSOLIDATED
of
Co.
Power
&
Finance
Expansion Program Through
Sale of Convertible Debentures and Mortgage Bonds—
Wm. Schmidt, Jr., President, on April 3 said:
during
CHRONICLE
THE COMMERCIAL St FINANCIAL
(1998)|
development
p.
1314.
of
and
165,
^Volume-165
-THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4585
vide
(E. I.) du Pont de Nemours & Co.—Files 1,000,000 Pre¬
ferred Shares With SEC—
f
f
*
.
The
company
series
of
that
no
value
par
700,000
through
April
on
shares
1,000,000
„
of
nation-wide
United
new
•stock will
of
group
rank - equally
but will
to -dividend
as
of
substantial
Corp.,
Power.&
the
interests
its
of
part
its
domestic
utilities.
It
holdings
in
the
Electric
&
•(1999)
has
including
assets
American Gas
Light Co.
in
and
Co.
the
therefore tnot" expect
stock
Pennsyl¬
to
price and amount payable upon voluntary liquidation. These features
and the public offering price will be determined later.
The proceeds
of this new financing, approximating $100,000,000, will be added to
general funds.
The stocknolders will vote on April 14 on creating
the new preferred issue.—V. 165, p. 1314.
its
preferred stockholders. The SEC
retirement of the preferred stocks
the
and
have
court
a
was
to
necessary
In
-
found
15,
to
receive
1948,
and
dividends
view
FINAL
this
of
the
impending
is
REPORT—In
expected
Service Go.
to
(Inc.)
COMPARATIVE
with
the
on
the Gulf States
on
dissolution
meeting, which would
3947, will not be held this year.
that
comply
June
Virginia
common
stock
common
7
until
1947.
stockholders'
to it other than to use the proceeds from the
liquidation of assets for
the retirement of its preferred stocks
by means of a return of capital
rate; redemption
until
Dec. 15,
*
%
It has pending
before the SEC an application for the sale of its
holdings in tint Carolina Power & Light Co. and will be obliged to
liquidate its remaining investments in domestic utilities. In these cir¬
cumstances, it stated, it became apparent that no course was open
underwriters
vary
disposition
a
Gas
vania
being organized
by
Morgan Stanley & Co., and the remainder will be sold to the trustee
of a pension trust established in 1542
by the company for the benefit
of its employees.
The new stock and the outstanding $4.50 preferred
a
the
liquidated
k
proposed
a
preferred stock with the SEC.
It is expected
of these shares will be cliered to the public
750,000
to
filed
10
for
the
final
the
ordinarily
accordance with
be
as
of
held
be
INCOME
annual
April
on
21,
the present plan
annual
report
of dissolution,
Engineers Public
of
holding company,
a
the
company
STATEMENT
„
(PARENT
.
COMPANY
'
ONLY)
'
Calendar
the 'Act and have
ordered its retirement.:.v;
?'■
The, company also pointed cut that its charter provides-that "in-the
of any liquidation
• • • or any distribution of its capital,
whether
voluntary or involuntary," the
preferred stockholders are
entitled
to
receive
only
$100 plus - accumulated
dividends
and
no
Dividends
Years—
from
■■■/;,1946
subsidiary companies—
from
Revenue
event
miscellaneous
Miscellaneous
1946
,
$4,999,065
$5,569,315
129,240
589,594=
investments—
48,345
34,727
$5,176,650
272,957
revenue
$6,193,637
,
,
.
Durez Plastics & Chemicals, Inc.—To Sell Debentures
;
H.
•
M.
sale
comply
Dent, President, discloses that compftny has arranged for the
$4,000,000. 20-year sinking fund > debentures, proceeds to be
finance completion of its pmnt t extension program.—'V. 1164,
of
•used
to
effect
East
i
Coast
Public
of
"by the SEC—
The SEC
:■
tion
of
April 3 approved
on
company and for
securities.
A digest of
•certain
plan for the. dissolution and liquida¬
;a
the
by its present
pian fellows:
subsidiary
sale
the
the
with
have
The
of
assets
1
assets
American
dissolve
after having
satisfied
discharged its outstanding first lien collateral 4% bonds, series A,
Aug. 1, 1948, all of its liabilities, including its Federal income
tax liabilities, and distributed its then remainng assets to ts common
stockholders.
It
•East
-I:'- "
proposed
s
Coast
to
Tidewater
merge
Utilities, Inc.
owned
are
sand
by
satisfied
retired.
the Reconstruction
at
the
time
same
Sufficient
funds
Co.
the surviving company.
as
efirst mortgage notes of Tidewater in
for
the net
Finance
$102,999 which
Corporation,
bonds
Virginia
into
The outstanding
amount of
collateral
the
the
and
'
Electric Service
would
East
ot
paid
be
Coast
will
be
delivered
to East
Coast
in
exchange for the $1,87b,740 of first
maortgage 5%
bends and
000 shares
.lield
Coast.
of
by
to
East
It
is
East
Coast
on
As
East
advances" to
account
Virginia
Virginia
advances
will
Coast
stock
common
1946,
the
in
forgive
of
Virginia
stocks
amount
and
of
issuance
and
its
for
sale
account
own
sale
of
bank loan
motes
of
funds
in
bonds
the
in
property
Coast
would
amount
Tidewater
for
East
such
the
of
$10)
Virginia
by
(b)
retire
to
(a)
retire the
to
of
amount
its
mortgage
to
(c)
sell
to
competitive
at
bidding
provide
holders held March
24,
the following directors were added to the
1947,
Board:
D. S. Gottesman, of New York, President of Central National
Corp.; Robinson Verrill, Portland, Me., attorney; Louis W. Abrons, of
New York, a director of Beaunit Mills; and Ira D. Wallach, of Gottes¬
&
man
Co.
Re-elected
to
the
board
Clyde B. Morgan; Charles L.
Hildrerh; Harold C. Keith; Frank Kley; and B. I. Sheldon.
Following the meeting of shareholders, directors re-elected-Clyde B.
Morgan, president., and other officers of the corporation.
The four new directors succeeded the following: Franklin E. Bragg,
Willard H. Cummings, George F, Eaton, and Henry J. Wbeelwr.ght.
It was reported that control of the corporation has passed into the
were
.
hands
of
in
corporation's affairs for many years.—V.
the
the
Samuel
D.
Gottesman
which
interests
have
active
been
164, p. 2543,
Fund
equivalent
pared
reported
to
with
$24.84
assets
share
a
$22,131,600
shares then
799,982
net
a
to
equivalent
ago,
outstanding.—V.
165,
1947
31,
$26,630,249
shares, com¬
of
outstanding
1,072,191
on
year
March
on
$27.67
share
a
Fundi reported
equivalent
to
$15.14
not
assets
share
a
March
on
C.
$1,652,153
shares,
pared with $1,634,683 a year ago, equivalent to $17.58
S5.850 shares then outstanding.—V. 165, p. 1454.
com¬
share
a
Hill
W.
retired
as
corporation,
has
this
it
the
Bond
which
each
of
has
which
on
was
The
to
subscribe
1957
will
at
to
$125,000 214%
par
on
a
used
be
—V.
stockholders of
common
to
rata
retire
165,
pro
163, p.
Barnes, in his
further
until
it
action
had
District
debentures due
increased
ana
Proceed)
31.
wonting
capital.
1425.
stocks
Period End. Mar. 31—
1947—Month—1946
Sales
$6,289,928
—V.
165,
1947—3 Mos.—1946
$5,057,105 $14,445,591 $12,554,185
1588.
p.
in
for
the
announced
Share
on
system
overshadows
The
SEC
company
for
shares
In
-
of
of
pose
Power
such
&
to
Light
stock
stabilizing
connection
Bond
and
Co.
which
the
with
Share
common
Bond
the
sale
proposes,
such
of
and
stock
plus
Share
may
exceeding 25,000
the pur¬
not
acquire for
until
the
order
the plan.
it knew the
Also,
April,
in
notified
1946,
in
be
of
as
shares
such
stock
optional
an
invite
to
at
competitive
alternative
sealed,
written
to
continue
April
by
7.
as
in
the
after
persons
such
who
specified
have
so
date
the
company
their
by
interest
continued
presented
at
designated
a
time
and
11(b)(1) case.
Chief
had
died
lack
cf
a
of the
quorum
as such.
Reserve for taxes on
to
the
Dec.
the
changes
by
letter
respect
to
an
Feb.
on
telegram will notify all
sealed bids should
that
escrow
District of Delaware for an enforce¬
place.
The
company filed April 8 with the SEC its plan II-B providing that
would pay no further amount of cash or otner assets to holders of
the certificates issued upon the retirement of its preferred stocks under,
plan II-A. The company has paid or made available to holders of its
preferred stocks $100 a share in cash as distributions of capital.
- *
it
Nov.
23,
was
distributed
also
received
1945,
on
$30
March
certificates
share
a
6.
was
1647.
paid
Holders
ana
of
the
the
balance
preferred
of
$70
stoclis
evidencing
their right to receive suc.h addi-.
tional amount of cash' or other assets, if any, as might be later
ap¬
proved or directed by the SEC and any appropriate court. The company
under plan II-B, which provided for the $70
distribution, was obligated
file a further plan specifying the additional
amount, of any. which
it proposed to pay to its preferred stockholders.
to
In
filing
this
plan April 8 pursuant to which—if approved by the
appropriate court—the .certificates issued to its preferred
stockholders would become of no .value, the company pointed out that
the retirement of the preferred stocks is a result of
steps which it
SEC
and
has
been
an
obliged
to
take
to
comply
with
the
Public
Utility
Holding
Company Act. Under the Act, the company has been obliged to
•
Operating
Operation
of
$100
for the establishing of an
escrow
fund of $4,000,000 to cover payment to the preferred stock¬
holders of the premium amounting to $3,205,000, and interest thereon
(cr such
lesser amount as shall be found to be payable) and other
costs., pending settlement of the litigation.
Attorneys for certain pre¬
share and
per
objected to the escrow arrangement, stating that,
in
their opinion,
the preferred stockholders should be permitted to
continue their whole investment
until
the litigation
was
concluded.
Briefly, the plan, as amended and supplemented, provides for the
divestment of the Gulf States common stock
rights
on
a
option
represented
of
by
(reclassified into 1,903,963
transferable: warrants distributed
of Engineers, under which the holders of
acquire shares of Gulf States common at $11.50 per
share-for-share
exchanging
preferred
stock
warrants
entitle
basis.
with
for .shares
them
cf
to buy,
Holders of
Engineers
Gulf
States
warrants
whole
will
also
4,215,029
escrow
each
fund
do
share
pro¬
and
not
do
the-
on
and
to
so
will
have
stock
which
share of Engineers preferred stock.
the
Imme¬
dividends.
the
right
not
in
excess
termination
of
the
of
to" receive such additional amounts
plus interest as
payable to all pre¬
ferred stockholders.
After the amount of $100 per share and accrued
dividends has been deposited for payment to the preferred stockholders,
Engineers will dissolve and thereafter there will be distributed to
Engineers' common stockholders; (1) all of the common stock of El
Paso
Electric Co.
(reclassified into 381,994 shares) on the basis of
one-fifth of a share of El Paso common stock for each share of
Engineers' common stock;
(2) approximately 94.5%
of the common
stock of Virginia, on the basis of 1.45 shares of Virginia common stock
'for each share of Engineers' common stock.
The. common stockholdersof Engineers will retain their common stock certificates, which will,
thereafter
escrow
the
litigation,
call
be
premiums
found
the residual assets of Engi¬
neers, principally 162,612 shares of Virginia common stock, which willbe held by the company pending settlement of the liabilities! of the,
company.
After Federal tax claims have been settled and all liabilities
have been determined and paid, including the $500,000 bank loan, the
company will distribute the residual assets pro rata to the holders of
Engineers' common stock against surrender of their certificates therefor.,
After the receipt of an order of the Court directing enforcement of
the plan, Engineers expects to receive a dividend of $1 per share,
representing a -year's dividends in advance on the Virginia common,
stock, and a dividend of 40c. per share on the new Gulf States common
Stock representing two quarterly dividends in advance to be applied as
above stated.
The common stockholders receiving these shares should;
represent
a
4,729,918
886,977
Dr38,79C-
——
$14,076,810 $21,939,123
Balance
„
Other
long-term
on
interest
Interest
$22,162,522
Dr223,399
$14,115,608
—
income
Interest
—
construction
charged to
tSpecial ..charges
80,068
,Cr34.178
—
,
Crl,278
>325,219
363,197
•
540,247
~
—
3,443,609)'
2,818,269
7,640
debt—iw—
—,
Amortization of discount and expense—
2,367,940
•
t
$10,381,634 $15,723,564
Pfd.
div.. requirements of sub.
Balance
Amount
$8,338,778 $13,680,707
10,904
20,736
—
—
interests
minority
applicable to
2,042,856
2,042,856
cos
'
.
,
'
income
Net
Dividends
<■
—
$8,327,873t$13,'659,970
2,119,092
2,119,092
-
—
stock of parent company—
pref.
on
extraordinary reductions of $540,247 in 1946 and $9,785,725
tOf those portions of premiums and expenses.on redemption
are equivalent to resulting reductions in Federal taxes
income.
{Including $2,093,939 of tax reduction, resulting from sale
After
1945.
of
bonds which
on
of
transportation property.
CONSOLIDATED BALANCE SHEET, DEC. 31
utility
Other
—-
cost
at
Cash
in banks
Treasury
and on
24,204~l74
pro
rata
share of
14,039,115
3,381,700
hand—
—=at cost——r-
10,091,400
securities,
113.767
40.039
4,355,194
4,798,912
3,928,707
2,493,490
and misc. sources,
Accts. receiv. from customers
less
1,109,753
deposits
Special
reserves
—
supplies, at cost or written-down
Materials and
less
amounts,
reserves
—————:
252.140
Prepayments
——
—
Excess
profits- tax postwar refunds—-——
Claims
for
adjustment of Federal taxes on
mium
Capital
Other
refund
of
income
on
2,405,759
overpayment
1
Federal
of
———-—
378,273
'
stock
1,909,968
—.——
Subsidiary companies;
'
*
t
39,245,500
1,909,968
39.245,500
——
—
—
stock
■
297,923,778 285,900,091
i
42,447,100
42,447,100
——
preferred stock
Total long-term debt
Notes payable, due within one year
Accounts payable
Customers' deposits
Premium
2,353,151
129,631.
325,849
1,891,658
107,086
—
LIABILITIES—
Common, stock
3,233,445
2,830,995
issues
Total
Preferred
1,207,172
of emerg. facil—
and expense, incl.
and call pre¬
stock expense—
deferred debits—^
Preferred
282,003
447
,
discount and exp.
refunded
on
for
taxes
amort,
discount
debt
unamortized
Claims
to
relating
income
Unamortized
1,917,518
63,295
1,833,140
62,940
——-r-rrr-
at cost—--
——,——v—-——
II.
S
written-
or
amounts, less reserve-:
Investment in associated company,
funds
254,533,552 241,409,561
——
down
Special
1945
1946
plant—
physical property,
Total
shares of Engineers
common
the
pay
accrued
.
1,640,155
5,223,1535,009,636
—
Net operating revenues
Other
on
remaining preferred stockholders $100Engineers' stockholders who ex¬
change their stock for Gulf States common stock as well as those who
per
1945
4,427,105
v
.
have
the basis of equivalent values, assign¬
ing $11.50 for each share of Gulf States common stock and $100 plus
for
————
-
Other taxes
SUBS.)
$61,287,542 $63,801,247
26,305,471:; 24,944,931
—
—
Maintenance
stockholders
common
warrants may
share
the
under
—
Depreciation
4,880,317.
Amort, of plant acquisition adjustments—
893,451
^Federal taxes cn income——1_—5,654,509
stockholders
the
revenues
ASSETS—
attorneys for the company and the SEC then requested the Court
provide in its enforcement order for an initial payment to the pre¬
stockholders
—$69,731,552 $66,376,932
1947,
this
hearing, attorneys for certain common stockholders indicated that they
would appeal the payment of the premium to the preferred stockholders.
ferred
'
Total
COMPARATIVE CONSOLIDATED INCOME STATEMENT (INCL.
1946
c
"
than $100 per share to the preferred stockholders was contested.
The Court set the matter for hearing
on Feb.
17, 1947.
At
under
Preferred—
On
11,280,983
the SEC issued a clarifying order with
provision in the event that the payment of more
11,
8,784,223
surplus
in
On
15,450
16.158.040
surplus
of
8, 1947; the SEC issued its findings and opinion approving'
substantially as amended and on Jan. 9, 1947, the SEC applied
order.
"l6~997
Capital
company
Jan.
the U. S. District Court for the
25~00a
—
income of. prior years—
Earned
the
1946.
20,
On
''
16,975,817
By reason of the adverse
Court on the constitution¬
these
of
7,673
——_r-
quorum to
a
Court.
advised
were
7,413
149,524
SEC
filed
stockholders
liabilities-
credits
Deferred
81,811
~~7~i85
286,727
—
Commission
apply
event
be
and
$39,245,500 $39,245,500
1,909,968
payments
current
by the company.
The principal change re¬
quired was to provide for the payment to preferred stockholders of the
voluntary liquidation price including the call premium, which the SEC
sary
-.7,017
260,594
12,453
—
contract
payable
Other
already rendered by the Supreme
issue, which was one of the principal issues in the company's
the long prospective delay in a rehearing, the company, in
May,
1946, withdrew its reservations based on a possible favorable
decision of the Supreme Court, and requested enforcement of the plan
as
required by the SEC.
Thereafter, the SEC set the date of Sept. 5,
1-946, for oral argument on the plan before the Commission; after
allowing time for filing the briefs.
The SEC issued its findings and opinion on Dec. 5, 1946, indicating
ihe
changes necessary to secure the Commission's approval of the
to
3,733
242,892
stock
Accounts
and
divestment
7,150,000
,
Utility
importance all
and
5,951,629
2,576,200
——
—
stock\_—
Long-term
ality
of
14.586,729
„
$69,731,552 $66,376,932
.
Justice Stone
92,000
—_—i
:
hand
on
LIABILITIES—
Public
treasury cash of the company, including the special dividends on the
Virginia and Gulf States common stocks mentioned hereafter and the
proceeds of a short-term $500,000 bank loan, will be used to set up the
New Plan Filed With SEC- -No Further Distributions
,
fund
Treasury securities, at costo—
debits
1945
1946
a
years.
The company had intended-to withhold such"
opinion of the Supreme Court in Engineers'
decision
shall,
toe
S.
ONLY)
(COMPANY
'
;
.
diately after the disposition by Engineers of the Gulf States common
stock, the proceeds of the sale of such shares for cash, together with
by
signified
U.
accrued
the
;
,
.
$1.86
$1.31
SHEET, DEC. 31
has
He
40
for the
publishing a notice requesting that
any persons interested in such underwriting advise the- company to
that effect in writing on or before a specified date (which shall be not
earlier than the fourth day after the publication of the notice). On
<er
,
render a decision
the company's case, it would have to be reargued.
Rehearing was
iur
Oct.
14,
1946,
but
was
postponed, due apparently to the
plan
2,119,092
$8,784,223
$52,321,997 $52,903,237
Taxes'-
to
request
a
enforcement
-
■
Cash in banks and
.
Deferred
bidding,
usual
the
proposals
49,308
2,119,092
l.—
Accounts, interest and dividends receivable—
Excess profits tax postwar refunds
for nearly
present
taken
company
of
that, since the Court lacked
accrued dividends
market,
procedure under Rule U-50,
"Underwriting
Stock-—
April 2 filed a supplemental appl:cation with the
sell at competitive bidding, 423.408 shares of
on
authority
Carolina
Special
its
these.
However, in April, 1946, the
Supreme Court had upheld the constitutionality of Section 11(b)(1) of
the Public Utility Holding Company Act in a decision relating to the
North American Co. case, which had been argued in
November, 1S45,
at the same time as the Engineers' case.
such
Carolina
5,002,548?
221,226
—
Total investments
plan of dissolution were closed in
the SEC notified the company that
wculd
matter
from
an
Columbia in its Section
to
Share Co.—To Sell
8,784,223
stock
common
ASSETS—
sub¬
on
of
at end of year-.:
surplus
COMPARATIVE BALANCE
appeal from the decision of the U. S. Court of Appeals for the District
shares)
Electric Bond &
•
$5,679,541
$11,280,983
declared——
Earnings per share pf
4
stockholders, states:
of the company. under the
approve
ferred
Edison Bros. Stores, Inc.—March Sales Rose 24.4%—
$4,615,851
—
$13,400,075 $10,903,316
dividends
Earned
remarks to
received
Court
request
case,
surplus
surplus
Preierred
Hearings on tne Engineers'
February, 1946, and in May, 1946,
to
the right
given
were
expired March
Rights
liabilities
1.8
Rights—
convertible
subordinated
basis.
current
V.
1588;
p.
March
record
Total
Preferred
206.
p.
me
v/as
and
surplus at beginning of year
profit on-disposition of invests, in subs..
Net
preferred
return
no
common
oilier factors affecting the company and its stockholders
of
dividends
for
Earned
t
the
The
Ebaloy, Inc., Rockford, 111.—Subscription
Balance
pending
has
second
Vice-President-but will
and
impending dissolution
Holding Company Act of 1935
ment
of
outstanding
169,160
on
1947
31.
preferred stocks and
1932.—V. 165, p. T189.
The
to
This
of
each
and
second
since
of
the plan
Eaton & Howard Stock Fund—Asset Value—
325,754
139,032
Other taxes
.
Engineers Public Service Co. (Inc.)—Annual Report—
D.
on
1454.
p.
except for
approximately the so-called "investment value" of such
stcck.
Accordingly, the company filed a revised plan, dated Dec. 16,
1946, incorporating the changes that the SEC indicated were neces¬
Eaton & Howard Balanced Fund—Asset Value—
This
'
271,389
16,451
'Federalincom&'.-taxes—---4-
Common
found
-
the
the
165,
set
meeting of its stock¬
annual
&
its outstanding preierred and
company has been able to obtain
—V.
in
Eastern Corp., Bangor, Me.—Change i» Control—
the
that,
out
on
associated with
new
of
corporation announces that at
company also points
Light Corp.,
plan of reorganization
a
that
of
Ernest
should
$8C0,0C0
bonds and the 60,000 shares of new common stock
Virginia. The proceeds from such sale will be used to
retire
its
presently outstanding collateral bonds and discharge its
other liabilities.
East Coast would then distribute the net remaining
assets (consisting entirely of cash among the holders oi its common
atock and would thereupon dissolve.
It is proposed that the public
sale of bonds bv East Coast and Virginia and the sale of the new
common stock will be effected simultaneously.—V. 165, p. 1588.
The
SEC
so
director
no
first
$102,999 and
mortgage
4 par
$200,000,
net
the
been
open
additions.
proposes
iirst
of
the
used
be
;;'ExpenseS::;|iii;i^:£,r4.!^
.;
.
now
remaining $500,000 of new first mortgage bonds, such bends to be sold
pursuant to the competitive bidding requirements. The proceeds from
the
the
of
Electric Power & Light Corp.—Official Retires-
$100,000.
such
cancel
Comply Act,
such ^ ^comprehensive, reorganization
Power
arrearages
companies
ir.debetd
also
was
Virginia.
the
proposes
of
31,
account
open
that
proposed
Dec.
and' Share to
the company stated, will in
are
stock
common
the
holdings
_
new
Electric
stantial
,
these bonds and the
the
before
payment of such notes are to be
first mortgage bonds of Virginia.
provided through the sale oi new
Virginia-proposes the issuance and sale of $1,300,000 iirst mortgage
.bonds, series A, and 60,000 shares of new common stock (par $10).
It is proposed that $800,000 of
Jpond
are earmarked for the retirement of the bank loans ob¬
connection with the retirement of the preferred stocks, the
the company consist principally of its
investments in the
&
Foreign Power Co., Inc.; American Power & Light Co.
of
due
to liquidate and
by
which
.
and
prpooses
Holding
accomplished
plan filed by
in
Coast
ot;Vtog be'-'taken
revenue.
the
tained
East
;
.
the
taken
company and the or|anizftoft>n of a .'new business with its re¬
maining assets. The company has Also made; as above stated, distribu¬
tions of capital to its preferred
stockholders aggregating $100 a share
plus accumulated dividends. Under these circumstances, in its opinion,
the
charter
provisions relating to a liquidation or distribution of
capital are applicable' to the retirement of the preferred stocks.
Co.—Dissolution Apnroved
Service
steps
company as to amount to a complete liquidation of the present business
147.
p.
The
mors*;
Total
340,620
340,620
99,550,000
850,000
96,781.812
2,580,000
3,283,678
2,367,336
on
—
.—
1,133,934-
809,554
.
accrued
Taxes
—
—
»
accrued
Interest
————
-
6,594,019
827,552
3,289,479-.
•r'
Amort,
Depreciation
of plant acquisition
Injury
•
'
Taxes
,
on
Other
—:
Parent
—
company's
reserve
value of investments in
surplus
Total
-V.
165,
753,318
2,000,000
3,160,760
■
.T'7r"~~73
78,041
—-
'
72,111
20,637,664
19,819,887
35,145,041
29,313,130
297,923,778 285,900,091
u*;
p.
338,461
906,434
275,529
246,689
...
for depreciation in
subsidiaries———capital stocks and
surplus of subsidiary companies
Capital surplus' -
3,565,680
257.564
r-r
Minority interests in common
Earned
335,394
34,463,140
4,429,959
adjustments
damage claims
income -of prior years
1,305,569
659.383
3(7,579,071
and
Reserves:
i
premium
Unamortized
944,864
165,704
283,204
liabilities
—
258,638
less expense on bonds—
jh 514,033
Customers* advances- for construction:—
:• ) 363,287
Other deferrOed credits————,;
current
Other
US).
8
THE COMMERCIAL & FINANCIAL CHRONICLE
(2000)
®rie Railroad—Seeks Bids on Equipment Issue—
Mills Co., Durham,
Cotton
lErwin
Period End. Mar. 31—
on
company
IV
special
authorize
to $10
of
meeting
reduction
a
stockholders will be held on April 29 to
par value of the common stock from $20
Increase In capital stock from $10,000,000 to
the
in the
share and an
per
"Net
authorize
the
in
increase
authorization,
such
then
early date thereafter.—V. 164, p. 2017.
stock,
capital
declare
to
propose
outstanding common stock at an
the directors, following
stock dividend on the
50%
a
of
per
The
Three
models
new
its
of
CA
ball-point
pen
marketed
being
are
as
units
($1
maximum
a
Products
713,706
$0.39
208.
p.
Fla.—Files
Clearwater,
Co.,
April 7 filed
letter of notification
a
the SEC
with
consisting of 1 share ($1 par) class A stock and 2
class B stock to be sold at a minimum of $9 per unit
par)
of
$10
offered to
per
unit with
to be offered
to public at $10 a unit. Proceeds will be used to provide additional
working capital. Cohu & Torrey, New York, will use its best efforts
stockholders
at
a
Initially
shares will
unsubscribed shares
unit.
per
$9
to procure purchasers for
result of the extensive promotion of the first
$15 CA, Mr. Robbins. declared. The new models are made to retail
at $12.50 plus tax; and $8.75 and $6.95, tax free.
prepared
•was
Fruit
317,883
$0.60
$1.35
company on
25,100
or
shore.
$7,723,365
G41.698
1,014,408
$0.46
1,183,921
SEC—
shares
national!:.- by this corporation, Larry Robbins, Executive Vice-President,
announced on April 7.
With the same styling as the company's original CA and Skyline
models which rolled
up
record breaking sales volume in 1946, the
new trio is already opening a
vast new medium-priced market which
$8,517,673
541,084
1,033,921
charges and taxes.—V. 165,
Florida
With
for
Eversharp, Inc.—Introduces Three New CA Pens—
shares.
com.
all
"After
Mar. 24,'45 Mar. 25,'44
Mar. 23,'4G
1,689,546
common
Earned
of reducing the par valuue is to split the common stock
two-for-one
basis.
In
the
event
that
the
stockholders
also
Mar. 22,'47
$15,090,757 $10,034,842
profit
No.
The purpose
on4 a
(& Subs.)—Earnings—
sales
Net
$1,430,279
$1,430,670
1315.
p.
12 Weeks Ended—
$14,000,000.
'
165,
Flintkote Co.
for-One Stock Split-Up—
$551,637
$577,864
—V.
1947—3 Mos.—3946
1847—Month—1946
Sales
S. C.—Plans Two-
therein, is
subsidiary
Flshman Co., Inc.—March Sales—
(M. II.)
Mar, 26 applied to the ICC for authority to issue
$5J440,000 equipment trust certificates. Bids for purchase of the equip¬
ments will be received up to April 15.—V. 165, p. 1727.
The
be
stock.
the
Flying Tiger Line, Inc.—New Name—
See
National
Skyway Freight Corp. below,—V.
Monday, April 14, 1947
The
Straus
Bard
Succeeds
Stiaus II,
of
Chairman—
as
chosen
A. Pard as Chairman of the beard, a director and a
member of the executive committee, due to Mr. Bard's appointment as
tion
Ralph
Period End. Feb. 28—
has
constituted
Sun
The
capacity
a
Ripe
of
300,000
cases
;
Straus
Mr.
will
He
his
retirermnt
from
below.
statement
felt justified in continuing a conservative policy by
dividends on the common stock during the year 1946,
cash resources for the purpose of expanded facilities
directors
declaring
utilizing
accumulation
and
inventories.
of
■
$77,513
$75,848
$165,551
Railway oper. expenses-
60,687
53,880
129,462
from ry. oper.
$16,826
2,600
$21,963
$36,089
4,000
3,600
4,841
3,676
10,252
7,616
$22,238
$25,494
Net
Other
oper.
$152,891
V 111,780
CONSOLIDATED
INCOME
ACCOUNT
sucoecding
elected Chairman
Even-harp
Frazer
of the
board
ootn President
as
and
succeeding Mr. Bard.
rev.
income
Other ry.
tax
tax accruals
Railway
Net
income
served
Bard
Assistant
as
$41,111
8,000
$9,385
$14,290
1,801
oper.
3,024
6,773
4,604
$7,584
$11,266
$15,464
Net
of
goods
as
Net
ry.
Other
Postponed
Airplane Corp.—Annual Meeting
&
1946 Sales About $42,000,000
—
income-
oper,
146
Drl9
361
144
$7,73C
$11,247
$15,825
In
Backlog
—
1,109
1,393
to
stockholders, J, Carlton Ward, Jr., President, on
announced that the annual meeting would be postponed
from its scheduled date of April 23.
The notice stated that unusual
accounting problems arising in connection with redetermination
of
the corporation's
airplanes have made it
major government contract for C-82
impossible to prepare financial state¬
ments in time to solicit proxies for the regular date of the meeting,
for which an adjourned date will be announced later.
1,454
2,465
3,024
1,438
2,793
funded
stated
that
"While
the
certain
fer
tribution
—V.
165,
said
deemed
in
for
Successful
hubs
view
operations
Mr.
Ward,
sufficient
the
of
to
"the
Weeks
12
Corp.,
Net
cash
the
of
automotive
after
timing
with
gears
announced
was
two years of
announced
Farmingdale,
Al-Fin
April
on
8,283
6,538
N. Y.,
offices
April
on
of
March
last year.—V.
from Hollis, N.
and
foundry
are
Al-Fin
Corp,
located
in
®all Elver Gas Works
"Period End. Feb. 23-
Crelating
11,285
persons
$160,589
to
moved
to
plant
of
the
Farmingdale.—
1947—12 Mos.—1946
$1,410,291
75,261
907,578
12,340
136,863
125,820
Taxes
Akers,
ICC
pledge
24,062
23,177
213,612
204,516
first
$18,781
$24,250
$152,237
$180,043
5,302
3,081
66,566
40,863
$24,084
$27,332
$218,803
$221,807
6,333
6,333
76,000
76,000
1,155
175
3,450
1,504
accruals.
charges
$1,296,174
the
to
784,893
Dividends
.165,
$16,595
$20,023
$139,352
trustee
129,052
119,125
Y-CarR~
Galveston
equal
to
interest
National
"$22'120'284
The
($16,366)
- *
facilities '
less
rate'
___
income
on
"*~4~~040
_
(est.)
450,000
*
per
9 888
*1,355,322
"Includes
contracts
excess
for
the
$1 50
profits
year
«?Ve,
the final
tax
1945
of
$1,195,322.
and
sales
revised to reflect the adjusted
settlement
was
-to
increase
$1
tRenegotiation
has been completed
net
and
of
war
Federal
amounts.
profit for
The
1945
of
buildings,
machinery,
amortization of leasehold improvements
f^ ^
$90,535 for the year 1946
Additional amortization
and
$88,356 for the
year
by
and
amounted
1945
exclusive
(of $16,366
•
"
loweHf S)
704; cash surrender value of life insurance,
$45,612; accounts receivable
from-employees $3,415; miscellaneous notes, accounts, and
investments
(lessreserve of $1,949), $30,680;
property, plant, and equipment (after
for
(unexpired
depreciation
insurance
and
of
$897,658), $1,055,633;
expenses), $24,596;
other
deferred
total,
charges
$7,115,441.
*o^f"TIES^Tra2e accoVnts Payable and miscellaneous accruals,v :
252i £h« Pw«
ailoOpayro11 ^mictions, $i38,310; dealers', customers',
aft7-T^r
P°slts- $288,807; taxes, other than taxes on income, $149,incon\e-«stimated, $513,877; capital stock, non.
total, $74W.«1.-V.
«5rep 2"
'
184
of
the
and
issue
RR.
the
on
of
RR.
Great
Texas
to
respect
in
of
the
notes
of
the
proposed
Bank
annum,
of
Houston,
the
and
p.
the
be
borne
bid,
of
made
by
the
acting
notes,
the
thereby.
based on
South Texas
par
new
April
payable
the
Bank
declared
1
April .21
second
dividend
holders
to
since
a
of
March
on
Depot & RR.
constructed
to be
at
28
announced
Co.,
a
Ogden,
cost
of
of
share
per
on
April 4, 1947.
corporation
this
the
of
purchase
Utah,
upon
approximately
completed by Nov.
will
will
Walla,
the
warehouse,
serve
as
which
a
Washington,
volume
of
will
property
which
a
ware¬
$200,000.
The
1,
destroyed
traffic
contain
replacement
by
handled
expedite shipments west.—V.
165,
for
p.
approximately
a
fire
at
warehouse
two
the
It
will
warehouse
and
years
Denver
85,000
located at
ago.
1454.
1 Camed SUrPlUS' *2-6M-64<:
Chicago—Changes in Personnel
Edgar F. Schaefer, Executive Vice-President, has been elected Presi¬
dent, succeeding H. G. Myers, who becomes Chairman of the executive
Mr.
Myers takes the
in
this
capacity
post
will
formerly held by the late J. W. Gardner,
be actively associated with the affairs of
the
company.
Mr. Myers stated that the
company has now completed its conversion
from war production to normal production and that the
way has been
cleared
for
further
expansion of
the
company's
cilities.—V.
165,
p.
manufacturing
fa¬
1865.
new
in
Treasury
plant
for
operation
Des
on
Moines
May
10,
(Iowa),
1946,
and
which
all
was
compleied
production
$1,733,134;
goodwill and
$68,913;
accrued
Received—
Mar. 31, 47 Dec. 31, 46
$272,539,000 $285,318,006
on
practice,
customary
April 11 further announced:
and in addition to the sales
value
products which normally cannot be shipped immediately upon
of the order, these figures for orders received include thesales
valueof
such
products as appliances, lamps, etc., actually
during
each
respective
period.
Orders received in
of last year totaled $111,775,000,
comparable with the figure for the three
this year because no shipments were made
weeks in 1946 due to the strike."
quarter
has been elected to the por-t of Vice-President in
commercial aspects of the company's relations with
Potter
E
the
of
charge
and
equipment
the first
but that amount is not
months ended March 31
for nine of the first 1J
Promoted—
Official
Edwin
succeeding Vice-President Earl O. Shreve, who continues as
a
member cf the President s staff with special duties as assigned, it
was announced on March 31 by Charles E. Wilson, President.
In his new capacity, Mr. Potter will direct the activities oi the com¬
customers,
wi.l
pany's Commercial Vice-Presidents in the field. His headquarters
be at 570 Lexington Ave., New York, N. Y..
Prior to the appointment just announced, he was a Commercial Vic~President, having been elected to that pos; in March, 1945.
Since that
time he had been a member of the staff of Charles E. Wilson, Pjes,~
d'mt
and responsible for co-ordinating the customer re.ations of all
departments and affiliated companies of General Electric
trict of Columbia, with headquarters in Washington, D. C.
Two New
Commercial Vice-Presidents
Milton,
H.
William
Jr., formerly
in the Dis¬
Elected—
Assistant General Manager of the
elected a Commercial Vice-
customer relations in the
with headquarters in Washington.
also been elected a Commercial Vice-Presi¬
dent, and in order to be available for this position has resigned as
President of Hotpoint, Inc., G-E manufacturing affiliate.
On Sept. 1, Mr.
Turnbull, with headquarters in San Francisco, will assume responsi¬
bility for customer relations in an aiea
which includes California,
Arizona, Utah, Nevada, and Hawaii, and parts of Idaho and Wyoming.
In the meantime, his headquarters will be in New "iork.
Raymond M. Alvord now Commercial Vice-President in San Fran¬
cisco
will
relinguisli
his post to Mr.
Turnbull Sept. 1, and on
Sept. 30 will retire at his request after 43 years
service with tne,
of
Columbia,
Turnbull
W
Rav
has
company.-
Technical Manual Ready—
technical manual on electronic receiving tubes, for
equipment manufacturers and designers, has been made
the company's electronics department
It sells for $5,
which includes revision service through 1948.
In 1949 further service
A
700-page
new
electronic
by
available
5,
up-to-date will be available at $1. a I®3*manual may be purchased by ^.lting the com¬
department, tube division, Building 267, Schenectady
the manual
keep
Copies
the
of
new
pany's electronics
Y.
N.
Announces New
A
into
AM
of
signal
new
one
the
Signal Generator—
generator.
instrument to
Type
YGS-3,
supply r-f and a-f
combining four basic
sif^aithvoliage^ J^
units
Division
announced by the Specialty Division
company's electronics department.
and
FM
receivers,
Education
has been
Program in 1947
to Cost $1,000,000
will spend $1,000,000 during 1947 for employee edu¬
Trench, Secretary of the company and Cnairman of
the G-E Education Committee, announced on April 8,
Now more than 60 years old, the G-E educational program has a
"student
body1'
larger than many a college or university.
More
than
12,000
employees and 500 instructors participate
m courses
ranging
from
anorentice training
to scientific subjects.
Some of
The
General Bottlers, Inc.—Annual Report—A.
Hardgrave,
President and Treasurer, on Feb. 1 said in part:
The
S.
and
Wilson, President,
E.
"Following
cation,
placed
1945.
of
committee.
and
U.
31,
1946
total, $2,656,161.
received
Charles
to
Gardner-Denver Co.,
depreciation),
General Electric Co.—Orders
District
20c
record
of
unification
the
(after
3 Months Ended—
New
feet,
square
Walla
31,
payable, $102,400; accounts payable,
income, $97,721; other taxes accrued, $32,121;
wages,
Orders
stores.
Ogden
Dec.
to
$214,112;
banks,
company's Chemical Department, has been
President
He will have responsibility for
1947, will serve the states
of Idaho and Utah,
distributing through about 60 company and dealer
The
1
DEC.
commissions, $12,668; advance collections on.
sales
of
coolers,
$8,507;
customers' deposits on bottles and cases,
$203,117; real estate purchase contract (exclusive of current maturities
of $2,400), $19,934; common stock
($1 part, $194,915; paid-in surplus,
$1,138,215; earned surplus, $777,650; total, $2,656,161.—V. 163, p. 1863.
salaries,
Houston.
of
2041.
*
Ogden
warehouse,
SHEET,
prepaid expenses, $57,836;
$1;
Federal taxes on
the First
for itself and
National
City
146,
of
to
This
was
companies,
insurance
purchase
interest
of
received.
was
per
banks,
the
for
rates
or
Houston
on
is
be
in
and
March
from
BALANCE
hand
on
period
the
LIABILITIES—Notes
the
and
International
liability
and
bankers,
bid
to
1946.
will
for
equipment
and
lranchises,
$2,801,500 of
to
of
BALANCE SHEET, DEC.
31, 1946
ASSETS—Cash, $1,390,623: trade notes ■ and account receivable (less
reserve
of $32,079),
$803,179; inventories (at
$3 761 -
Tererves
trustee
payments
accepted.—V.
corporation
the
house
relieve
»J?i^fZFriVJsion {?r .depreciation
in
stock,
1,
company,
profits tax refund bonds (face value), $27,005;
receivables,
refund receivable on prior years' income and excess profits
taxes, $15,591; inventories (at cost which is not in excess of market),
$528,298; advance payments on purchase of coolers, $11,797; property,
shipped
not
To Build New Warehouse in Utah—
The
*SJgJ '.•a®:'
-share.
issue
to
exceeding
Missouri-Kansas-Texas
bid
3%
National
dividend
Nov.
on
4i,
from
Earnings
(b)
and
notes not
obligation
rate
one
of
has been
common
The
Other deductions
Federal taxes
.*
ap¬
•
to
(a)
company
Missouri-Kansas-Texas
the*
to
invited
the
tnereto
directors
includes the results
statement
receipt
Gamble-Skogmo, Inc.—20-Cent Dividend—
i5-246-771
emergency
the
the
the
securities
Bank
bid
to
Co.
in
resoonse
an
11945
plicable tax refunds and renegotiation rebates
the
Corporation,
for
to
shares,
specify
Commercial
prior years
165, p. 937.
Co.
Galveston
In
WM3W44
Finance
amortization
dealers
This
o2!S products
that
ASSETS—Cash
Executive Vice-President.
Fruehauf,
authorized
granted
and
and
bidders
i546
24
granted
was
RR.
interest
Federal Motor Truck Co.—Annual
Report—
and
by Roy A.
March
was
in
The
amortization 'of
made
nt
Authority
$0.82
1946, the above
27,234
excess
Vice-Fresident ot
fees.
14o4.
1944
steel
collateral security
Northern
above stock
year
CONSOLIDATED
Order—
Akers,
the Imernational-Great Northern RR. to assume obligation
liability, jointly and severally, as guarantors, in respect of the
notes by., guaranteeing payment of the principal, interest and attorneys'
and
Additional
M.
John
and
$144,303
declared
p.
and
Gastonia, N. C., on March 31 p_ac:d an order
trailers with Fruehauf Trailer Co., according to
Reconstruction
as
on
the
194,915
operate
to
with
mortgage bonds, series B.
assume,
Income
President,
Jr.,
on
Aulhority
reserve
The shares initially will be offered for
Unsubscribed shares will be sold to such
be determined. Proceeds will be used to retire
and to increase general funds.—V. 157, p. 1361.
then
exceeding $1,672,000 of guaranteed serial collateral notes, to be sold
at par and the proceeds used to retire a like amount of indebtedness
$135,030
Balance
31 filed a letter of notification with the SEC
common
stock to be offered at $12.50 a
part
Galveston Houston & Henderson RR.—Notes, etc.—
The
11,280
Tntierest
compared
operation,
present fleet of 156 freight vans, it was said.—V.
Co.—-Earnings—
(net)
in
stores
91
were
equipment will begin April 15.
large addition of stainless steel trailers is being made to Akers
This
share
per
31
of Hi-Q Products Co., a wholly owned subsidiary, organ¬
the business acquired from Sun Ripe Products Co.,
a
copartnership, and for the year 1945 it includes the results of
operations
of Pepsi-Cola Bottling Co. of Kansas City,
Pepsi-Cola
Bottling Co. of Des Moines, Inc., and
Peerless Bottling Co., Inc.,
the
subsidiaries of Peerless Bottlers, Inc.,
acquired in the merger
ized
Delivery of this
the
at
88,465
income
4-for-l
to
effect
Pressed Steel Corp.—Files With SEC
($5
announcement
$142,589
Non-oper.
tGiving
1315.
p.
underwriting.
stockholders.
may
100 stainless
an
110,390
$0.88
dividends
NOTE—For
Akers Motor Lines, Inc.,
Operation
revenues.™
165,
on March
bank loans
W.
W.
$97,069
20,580
38,982
194,927
80.95
69,603
paid
shares outstanding, Dec.
of
No.
1$0.42
$0.46
requirements.
there
1947,
shares
as
$184,942
dividends paid
Freferred
647,580
Fruehauf Trailer Co.—Receives Large
Maintenance
oper.
$21,408,827
share
(Ohio)
without
share
Al-Fin
Y.
now
1947—Month—1946
revenues
has
22,
The company
for
6,227
58,350
profits tax
income
plant,
Fostoria
363
97,399
$68,387;
88
for
that
11
1946
1947
772,439
taxes
dividend
bonded-in
by
l
(& Subs.)—Sales and Earnings
1946.
As
dis¬
research and testing, the new gears are
molded rcsin-antf-fifcer gears
company's Ranger Aircraft Engines Division
165, p. 1865.
for
3,269
22—
income
preferred
7,715
97,721
surtax
of operations
Mrch
after
25^709
$161,646
Federal income
normal
and
Excess
$10,616
$27,585,781
income
current
aluminum
use
parent
—V.
$6,048
4,141
"Earnings per common
forward
for
Ended
split-up in
subsidiary.
a
was
Net
$6,095
leloca-
Timing Gears Made By Al-Fin'Process—
development
for
Perfected
RcWr.
4,519
Sales
estimated
warrant
for
need
and
reported to be much stronger than the
commonly used in automobile engines.-
Net
4,519
1589.
subscription
Aluminum
V.
2,260
$2,965
with
readjustment
postwar
of
operating and capital requirements, and the difficulties surrounding
possible financing for the aircraft industry in the securities market."
It
2,260
equip.)
p.
32,049
$352,307
charges
taxes
Common
Food Fair Stores, Inc.
"After
earnings are expected to
for 1945,
the 1946 results
consolidation
not
were
dividend
a
the
"Furthermore,"
1946
of
of
costs
facilities.
of
earnings
steel
$15,135
$10,567
$8,255
and struc¬
and
tures
1946
favorably with those reported
reflect, in part, the use of reserves
absorb
tion
$5,225
debt
(way
67,400
$266,025
income
Income
Earns,
!•
orders.
Ward
compare
to
fxd. chgs.
interest
on
income
Net
Deprec.
of
the
corporation for the year
1946
amounted
to
$42,000,000, subject to change resulting from the price
redetermination, according to Mr. Ward's letter accompanying the
notice.
Soles in 1945 were $41,831,481.
Consolidated unfilled orders
as
of
Feb.
28,
1947,
amounted to
approximately $46,000,000,
also
subject to change, of which 78.7%
was
military production orders,
6.3%
commercial production orders, and 15%
military research and
deve'opment
441,815$135,937
2,875
inc.
sales
Total
will
fr.
aft.
Income
approximately
Mr.
deducts,
charges
Contingent
under
prices
$2,898,491
2,320,739
$320,258
income
Net
7
Packet
income
Miscell.
Fixed
notice
a
31
1944
$198,625
profit on sales
Gross
$21,034
income
Total
$46,000,000—
April
A".
DEC.
1945
3,111,114
778.027
exps.
.'4
-WV
$4,209,399
3,259,967
899,659
sold
Selling, distribution & admin,
Provision for
fFairchild Engine
r
$4,358,251
sales
Cost
$20,890
rents
elated to the executive committee in
Mr.
,
ENDED
Chairman.
was
place of Mr, Bard.
Secretary of the Navy and later
Under-Secretary of tne Navy during the war.—V. 165, p. 809.
was
Net
Federal
elected Chairman of the executive committee
Mr. Straus and Larry N. Robir.s, Executive Vice-President,
E.
„■
YEARS
FOR
1946
business
active
,
was
serve
George
and
Armament
Conventional
associations.
year.
of
purpose
deputy to Sena f or Warren R. Austin for the United Nations Commission
on
a
Products
Co.
was
acquired Jan. 2,
1946, for the
processing and bottling fruit juices.
On July
30, 1946, the name was changed to Hi-Q Products Co.
Distribution
of the company's products is through wholesale grocery houses
and
chain
store
systems,
approximately 56
food
brokers
carrying
the
line throughout
the entire country.
This subsidiary operated at a.
loss of $7,779 for the year, which loss is reflected in the consolidated
principal
thus
1947—2 MOS.—1946
1947—Month—1946
1,
plant under present-day inflationary costs, it was necessary to acquire
the present building at this time.
Negotiations were entered into for
the purchase of the building by Spring Field Bottlers, Inc.. at a price
of $22,500.
It is expected that all transactions in connection witK
the purchase will be completed early in 1947.
The plant as presently
revenues
ry.
plant
Feb.
expires
the
for
Oct,
1
Total
This
new plant
comprises 40,000 square feet.
1941, Spring Field Bottlers, Inc., acquired all bottling
machinery, bottles, cases and delivery equipment of The
Hires
Bottling Co. then occupying a building in Joplin, Mo., con¬
structed for bottling plant purposes, under a 10-year lease.
In order
to protect
the location and avoid the necessity of building a new
On
The
Fonda, Johnstown & Gloversville RR.—Earnings—
President, on March 29 announced the resigna¬
Moines
Des
equipment,
not
Mariiu L
company
and leased to the
basis payable
ninthly.
rental
28, 1949.
Faced with the ultimate necessity of
providing for a hew bottling
plant with expanded capacity, Spring Field Bottlers, Inc., in June.
1946, purchased, subject to verification of
title, suitable real estate
in Springfield
(Mo.) at a cost of approximately $7,000.
The site
3283.
p.
this
by
annual
an
approximately 40,000 square feet
Springfield (Mo.) plant building lease
income
163,
owned
on
contains
company
W.
W.
Volume: 165
Number 4585
the
technical
advanced
most
cation
practically
The
annual
fellowships
fields
employees
Another
training,
edu¬
Gilchrist Co.—Earnings-
to that required for a doctor's degree.
Mr. Trench said, is in addition to the
established
in;','. 1945,
which
provides
graduate
research
work -in
scientific
and
and
loans
and
children
and
Period End. Jan. 31—
Net
Fund
for
will
$250,000
of
spent
'
during
165,
the
7,289,984
corporation
Canada
tion
and
cars
in
March
showed
reached
total
a
increase
of
174,602 vehicles.
of
16,574 units
trucks turned out by GM in February.
Of
-
the
total
and
cars
an
vehicles
42,775
produced
in
over
the
March
158,028
produc¬
cars
$387,957
Crl0,601
Crl4,455
131,827
>
115,000
202,481
187,481
$181,118
2,412,789
$196,077
$242,777
earned
surplus
2,368,776
2,190,416
$2,593,907
$2,386,423
$2,611,554
17,647
35,294
35,294
of
January
*1941
*1940
17
247,449
192,736
123,152
February
158,028
3
234,212
180,310
March
174,602
755
255,849
199,249
April
77,114
June
262,628
203,391
95,666
7*
May
242,986
193,412
89,739
252,084
119,057
230,809
95,145
145,199
137,807
172,030
29,838
33,097
109,555
193,458
174,181
182,195
174,489
November
:
119,596
229,843
2,360,659
2,093,936
.
A
.
Accounts
receivable
♦Included
Coach
these
in
and
GM
totals
Canada
of
trucks which
are
were
producing
Chevrolet, GMC Truck &
for the
armed
1940 and 1941.
services
investments, etc
Equipment and improv. to leased prop.
charges
1947—Month--1946
Period End. Mar. 31—
28,207
$4,550,836
65,937
Truck
after
one
175
155,068
178
578
95,087
Treasury stock
578
Fontiac
19,106
50,545
Oldsmobile
16,615
44,941
20,544
2,576,260
Dr590,937
£>r590,937
$4,704,649
70,000
555,145
(47,108 shares at cost)
Total
_
Truck
GMC
Trucks
_
_
_
_
4,397
_
Set
4,990
_
16,394
323
Coaches
GM* of
•
of
5,228
1
14,954
2
2,292
1
7,080
17
174,602
755
455,782
775
Canada—Pass._
Truck
Total
NOTE—March, 1947, figures are preliminary and subject to change.165, p. 1865.
V.
Hearing
curacy
March 6,
150,000
1946
shares
Globe
filed
its
registration
statement
(and, following effectiveness of the statement March 18,
of 5J/2%
cumulative convertible preferred stock were
sold.
NOTE—For
possible
order.
mechanical
reasons
it
is
to arrange companies in exact
However, they are always as near
position
always
alphabetical
alphabetical
and omissions of
material facts. —V.
165, p.
Dec.
General Public Utilities
output of this corporation for the week ended April 4,
1947, amounted to 132,339,428 kwh., an increase of 20,776,657 kwh.,
©r 18.6%
over the corresponding week of 1946.—V.
165, p. 1865.
income
Dividends
Quarterly
Instead
Half-
of
Gas
common
of
$95,000
claimed
reclassified
of
Co.—V.
165,
A
to
1947
stock
common
of
Carolina
South
and
the
carry-back
under
p.
3291.
'
1947—Month—1946
$4,839,686
revenue
1947—12 Mos.—1946
$4,407,960 $53,702,558 $50,722,542
2,355,029
1,876,541
27,322,997
24,071,992
depreciation-
475,000
426,750
5,217,500
205,500
165,500
2,066,000
2,359,007
(4,164,312
approve
Preferred
Privately—
meeting
832,911
&
excess
\
received
such
from
sale
would
be
used
to
retire
$4,059,500
$979,588
Gross income
296,056
long-term debt
Amortization
of
6,272,931
debt
$1,106,257 $10,556,340
299,660
3,564,690
$9,437,137
3,607,940
pre¬
(Cr)
9,717
—
9,717
116,607
116,607
f
19
au3
1,294
1,193
$691,955
$815,121
$7,050,293
223,005
223,005
2,676,064
$5,74°,399
2,676,064
$468,949
$592,115
$4,374,229
$3,073,335
Other deductions
pfd. stock
on
Balance
—V.
.
iU5
165, p.
1455.
Gerity-Michigan Die Casting Co.—Larger Dividend—
James
the
Initial
As
stockholders
10 cents per share
15
to
of
record
was made
lor some months
result of
interests
of
Charles
arrangements whereby James Gerity, Jr. acquired the
three retiring officers and directors, the company
of
announced the
29
equal
and
R.
General
Manager.
Shanks, formerly Vice-President in charge of the Adrian
Executive
Vice-President
and
Assistant
General
becomes
N.
President. >' *
Schnell
resigned
as
a
director, but continues
Y">;YY'YYyY/% V-Y
as
Vice-
Y-YY/YY'::YYYv >!°
Langs, formerly co-counsel, becomes General Counsel.
Louis W. Blauman resigned as President and a director.
E.
Martin
Wayne
p.
1190.
f.
.
Y
1946 Y
1947
$5,287,322
$7,140,728
.
Tallberg resigned as Vice-President
Osdol resigned as co-counsel and
Van
Y:-y
1947—Month—1946
^
1947—3 Mos.—1946
1315.
the amended plan filed with the SEC became effective
stock of Allied Gas Co. distributable under the plan
common
delivery.
5
....
closed.
'
Utilities
Lakes
Great
'
*
that
plan provides
shares of
Co.
?
stock of Allied shall be
common
trust certificates for common
upon
the
following
stock of
basis: one share of
of common stock
stock of Allied in respect of each 15 shares
common
represented by voting trust certificates.
Holders
of
voting
trust
certificates
'
*.
-
entitled
to
stock of Allied will receive non-interest
common
..
,
.
fractional shares
of
bearing, non-dividend
and non-voting scrip in bearer form, in accordance with the
terms
and provisions of
the plan.
Such scrip, when combined in
amounts equivalent to full shares of common stock of Allied, will be
exchangeable for shares of common stock (including any dividends or
distributions paid thereon, less expenses) upon surrender to the dis¬
tributing agent at any time on or before the expiration of three years
from the date on which distribution under the plan is commenced.
paying
Holders are urged to promptly exchange
their voting trust
for the common stock and/or scrip ox Allied to
certificates
which they are entitled
shares of common stock. In the closing quarter of 1945 net
income, after taxes, was $486,574, or $1.01 a share on 482,470 common
since
shares.
plan
Non-recurring expenses in the quarter ended Dec. 31, 1946, Mr.
Kuchai
explains, include year-end inventory mark-downs, together
with bonus payments to employees amounting to $127,638.
These pay¬
stock of Allied, including shares of common stock representing
outstanding scrip; that notice of such sales shall be given to holders
of outstanding voting trust certificates and scrip certificates advising
normally
amortized
over
the
entire
fiscal
year,
were
plan provides that as soon as practicable after the expira¬
three years from the date distributions commence under the
the
of
tion
distributing
the
shall
agent
sell
undistributed
all
shares
of
common
charged
of
to their respective proportionate share,
sale; and that after the expiration of
they will be entitled only
net proceeds from such
that
against earnings in the December quarter because of the change made
the company's fiscal year.
The annual report, which expresses confidence in the outlook, shows
net income of $1,169,355 earned for the fiscal year ended Sept. 30,
in
the
from the mailing of the above-mentioned notice all rights
of the holders of voting trust certificates and scrip certificates will
cease and cash held by the distributing agent
(less expenses) shall be
two
years
paid to Allied.
shares, had been .reported.
obtain the common stock (or scrip) of Allied to which
they are entitled under the plan by the surrender of their certificates
to Pennsylvania Co. for Insurances on Lives and Granting Annuities,
35th and Chestnut Sts., Philadelphia 1. Pa, accompanied by letter of
transmittal which should be signed and filled in as provided therein./.-
CONSOLIDATED
INCOME
ACCOUNT
Fiscal Year
3 Months
Ended
Ended
Dec. 31, '46
sales
Holders
company
Sept. 30,'46
$12,199,535 $33,694,703
■__
sold
goods
Stone
Gross
profit
$3,382,153 $10,256,468
;_j
92,238
voting
trust
certificates for
-
common
stock of the
& Webster
Service Corp.
has since 1944 supervised the public
subject
system, including the plan.
to Allied.
Y
8,239,462
195,151
2,783,243
*
'
the
utility
tracts
Purch., distrib., selling & admin, expenses
Depreciation & amortiz. of fixed assets
of
may
operating companies in the Great Lakes' system under con¬
to cancellation on 30 days' notice by either party and
has rendered service in connection with the corporate affairs of the
23,438,235
8,817,382
profit
184,082
operating
No change Is contemplated with respect
.
' '
r
r
income
—
Provision
for
_
doubtful
income
franchise
State
accounts
taxes
_
taxes
Federal
;YY\ Y-.
yyyY/y'
"
and a director. /.
director. —V. 165,
a
yyYyy /Y/Y/yyyyyyyY'Y/y
48,219
Retirement reserve
$1,169,355
49,690
138.250
507.822
common
a-—
per/common
fiscal
period
tThe
of
share...
.—a——_-a
___
;.
Amortization of change-over costs
$370,719
55,409
-'TiZ
—'——
—
—...
54,723
on
31.
31, 1946
3,100
$10,379
8,489
;-.542
JCr5,434
Dividends
♦The
Utility operating income
3,424
—-—■—i
ii,
preferred stock—.——
^Earnings
999 R«q
18,242
-
stock
"
13,345
cos—
on
Dec.
19,904
ALLIED GAS CO.
__—_——-—
Operating revenue deductions-Federal taxes on income—
subsidiary
Dividends
income
$2,329,273
49,196
241
_„.___
Amort, of excess costs of invests, in sub.
Net
$690,754
14,648
YEAR ENDED DEC.
Operating revenues
income
Total
PRO FORMA STATEMENT OF INCOME OF
$1,821,855
507,418
$506,672
Adjustment for minority interest in
John F.
-
the
The
income of $370,719 was earned in the quarter ended Dec. 3J,
after taxes and all normal and non-recurring charges. This is
after preferred dividend requirements to 62 cents a share on
Interest
following management changes:
General Manager.
William
A...:V
.
$16,339,541 $17,096,134 $39,025,348 $40,563,468
been
1945.
Net
Other
Gerity, Jr., Chairman of the board of directors, also becomes
-division,
Up 35%—
ahead.
Changes in Personnel—
President
1455.
p.
distributed to holders of voting
beginning Jan. 1, 1947.
ended Dec. 31, 1946, consolidated net sales amounted
$12,199,535, compared with $6,242,880 for the corresponding months
Net
March
'
29—
March
rights of the holders of voting trust certificates have ceased to
right to receive the shares of common stock (or scrip)
of Allied to which such holders are entitled pursuant to the plan under
surrender of their certificates to the distributing agent under the plan.
The transfer books with respect to the voting trust certificates have
For the quarter
Cost of
James
$8,016,436
All
year,
Gerity stated that the directors voted to increase the dividend
time in view of the fact that operations are continuing at a
liigh rate and there is a substantial volume of backlog orders on the
"books.
Not only the automobile industry but all other customers are
pressing for delivery, he said, which indicates a satisfactory business
-on
165,
and
this
a
$9,350,613
a
is now ready for
the
March 31.
An
on Jan. 15, this
Mr.
As
1947—3 Mos.—1946
$3,397,491
Great Lakes Utilities Co.—Amended Plan Effective—
of peacetime products has increased, he says, pipe
producer to the consumer have tended to fill; sub¬
standard merchandise and substitute materials of war years are being
displaced, and normal stocks are returning to store counters.
This
process already has been reflected in easing of inflationary pressures
and in price unsettlement in certain segments of our economy.
The company's liscal year was changed to coincide with the calendar
from
Net
stock
Ended
On March 25,
production
lines
year.
at
1947—Month—1946
$4,407,486
Common Stock of Allied Gas Co. Being Distributed—
1946 was a year of transition from the production of
of war to the manufacture of normal, civilian necessities and
the major adjustment from war to peace, from the stand¬
point of the general level of prices, still lies ahead, Hyman P. Kuchai,
President, says in his annual report to stockholders.
Geritv, Jr.. Chairman of the board, on March 26 announced
directors have declared a quarterly dividend of 15 cents per
pav-ab'e April
distribution of
share,
amortization
of
$823,738
at
1946.
**After reserve for
at Sept. 30, 1946.
30,
1946, or $2.01 a share on 553,000 common shares.
For the preceding
fiscal year net profit of $638,881, or $1.41 a share on 453,285 common
•
that
Sept.
at
at Dec. 31, 1946 and $54,724
1590.
p.
—V. 165, p.
comforts,
ments,
Net income
Dividends
$12,977,487 $14,208,925
of
553,000
on
depreciation, and
$786,673
Sales
weapons
1946,
(4,375,409
profits taxes
mium
—,
2,131,920
:
exist except the
to
taxes
income
on
;
*
3,829
2,305,780
Period End. MAr. 31—
of
outstanding 3 Vz % sinking fund debentures, due Nov. 1, 1906.
The
sinking fund requirements of the debentures amount to $320,000 an¬
nually, whereas sinking fund on the contemplated preferred stock
issue will require $180,000 annually.
Upon approval of this program
by stockholders, the capitalization of the company will consist
of
45,000 shares of 4%
preferred stcck and 555,952 shares of common
stock.—V. 165, p. 209.
3,697,975
824,569
Amort.
Inter,
retirement
and
'
Sell
stockholders will be held on April 30, to
an
issue of $4,500,000 of 4%
preferred stock which the
Intends to sell privately to a group of insurance companies.
company
4,883,500
of.plant acquition adjustments
Operating expenses
Fed.
and
1946
165,
—V.
Grayson-Robinson Stores, Inc.—Financial Statement—
Equitable Securities Corp. announced April
Period End. Feb. 28—
General
36,000
41,506
2,487,500
553,000
2,351,000
*
'
special
Funds
1865.
p.
Georgia Power Co.—Earnings—
for
purchase
Sales
Electric
11, that the issue of 100,000 shares ($1 par) common
stock offered at $8.20 per share has been oversubscribed
and the books closed.—V. 165, p. 1590.
Prov.
70,445
2,000,000
36,000
—it——
for
reserves
Four Weeks
$1.65
Although
Gross
103,116
2,000,GOO
289,309
(W. T.) Grant Co.—March Sales Off 4.43%—
15,
Georgia Hardwood Lumber Co.—Stock Sold—Heynolds
& Co.
64,002
58,237
133,759
189,092
95,000
Y
(current)
Grand Union Co.—Current Sales
518,665
i
»
$1.07
Inc.—To
Goodall-Sanford
April 7 declared a dividend of 40 cents per share,
on
stockholders of record April 17, 1947.
The
hoard also announced that although it had previously contemplated
the adoption of a semi-annual dividend practice, it now proposed to
adopt a practice of considering dividends quarterly.
Thus, the divi¬
dend payable May 15, 1947 is the distribution for the two quarters
since Nov.
15, 1946.
The fcoaid announced that Aug. 15, Nov. 15,
Feb.
15
and May
15 will be the probable payment dates of such
regular quarterly dividends as may be subsequently declared.
An initial
cash
distribution of 25 cents per share was made on
Nov. 15, last year, and on or about the same date the stockholders
received for each ten shares of capital stock held a. distribution of
payable May
&
credit
"
-•!
The directors
share
tax
a
—
593,279
242,001
1945
*337,289
315,000
on
provision of the Internal Revenue Code.—V. 164,
Yearly—
one
collected
liabilities
31,
—V.
$12,517,851 $18,598,567
after taxes
Earnings pen common share
shares now outstanding
♦Includes
Consider
taxes
Sales
1946
sales
Net
$3,256,184
>
104,876 a
SALES FOR MONTH AND FIRST THREE MONTHS
Years—
Net
Corp.—Weekly Output—
electric
27,564
-
——
1070.
Globe-Union, Inc.—Sales and Earnings—
To
$2,033,665
Period End. Mar. 31—
Calendar
The
excise
amortization of $72,965
possible.
as
•
—
and
1!After
The shares first were offered to stockholders at $9 each and unsub¬
scribed shares were
offered
to the public
at $10 a share through
Kobbe, Gearhart & Co., and Newburger & Hano.
The Commission charges the registration contained misstatements
not
2,134,227
of
•Including $285,000 maturing within one year.
tAfter deducting
$1,000,000 on Dec. 31, 1946 and $590,000 on Sept. 30, 1946, U. S. tax
anticipation notes.
tRepresented by 49,500 shares at Dec. 31, 1946
and 50.000 shares at Sept. 30,
1946.SAfter reserves for doubtful
accounts of $35,007 at Dec. 31,
1946 and $18,366 at Sept. 30, 1946.
petition in bankruptcy last Dec. 31 in the U. 3.
Worth.
2,116,986
over
acquis,
Total
April 3.
The company filed a
District Court at Fort
91,615
405,864 Y
Surplus arising from
of preferred
stock
Earned surplus
proceedings against the registration statement
company and hearings, to investigate the adequacy and ac¬
of disclosure in the registration, were held at Fort Worth,
the
of
.
V;
99,023
14,932
*$2.25 cum. conv. pfd. stk. (without par value)
2,462,625
Common stock (par value $1 per share)
553,000
Capital surplus^.,2,351,000
The SEC has instituted
938
date
♦Note payable to bank—subj. to agreement
Balance due by subsidiary on reacquired shares
of its common stock—
Y—
Minor, int. in sub. (S. Klein on the Square, Inc.)
Registration—
on
in consol. subs,
at
(trade)
payable
current
160, p. 2831.
Globe Aircraft Corp., Fort Worth, Tex.—SEC
13,035
Coach—
&
A;YY
Layaway deposits of customers (current)______ Y
Withheld from employees for taxes, and other
57,740
Buick
Cadillac
-V.
invest,
assets
v\
.
wages, salaries, commissions, and in* Y AC
on notes payable
90,490
state,.local and payroll taxes
131,435
terest
210,000
70,000
555,145
2,368,776
$4,550,836
Earned
of
net
162,987
excess
rents
Accrued
Sales
par)
of
116,345
$12,977,487 $14,208,925
Accrued
360,000
691,665
20,000
no
refund
&
282 851
-
LIABILITIES—
$1,040,000
292,199
968,169
year
contingencies
(117,696 shares,
surplus
stock
&
inc.
44 457
2,808 753
105,191
Y
139,712
'
' YY
Divs. payable on preferred stock—Feb. 15, 1947
tProv. for Fed. Income & excess profits taxes-
$4,704,649
$660,000
lor
Common
35,170
Chevrolet—Passenger-
of cost
val.
Accrued
._
Fed.
of
229,692
5,43s!o40
•
75,631
LIABILITIES—<
payable to banks
income taxes
public utils.,
414 304
44^457
3,111,951
321,037
Total
333,381
92,450
Trade accounts payable and accrued liabilities—
Notes
payable
to
bank—instalments
payable
furniture, fixts., etc.
27,192
570,403
'—
&
acct.
on
•
3,083,993
acquired Y subsidiaries
920,669
(net)__
filed
Accounts
Total
Reserve
1947—3 Mos.--1946
book
1,103,809
Deferred
-
goods)—_____
landlds.
with
♦♦Excess
1,401,627
_
•
profits taxes paid in prior years
$1,232,168
1,011,800
.—
;
—
Depos.
1946
"
value
expenses
claims
$493,772
.
Miscellaneous
in
1
PRODUCTION BY GM DIVISIONS
$2,368,776
1,964,377
Inventories
Notes
(finished
'765i740
765,740
surr.
*
$1719 914
782,199
157,546
receivable—__:
.
Sept. 30,*
,1946
$2,250,652
life of President—cash
on
A
~
.
Dec. 31,
of stores and construction supplies
Prepaid insurance
Prepaid rents, real estate commissions, taxes &
31
1947
—
Federal
Total
$2,576,260
JAN.
"
.
Cash—demand deposits and on hand
U. S. Government securities—at co3t
229,090
1,186,057
y
October
173,732
$2,368,776
BALANCE SHEET,
ASSETS—
131,202
'232,729
1
—
August
September
$2,576,260
of
SHEET
Inventories
other
period
CONDENSED
1946
accounts
Inventories
$2,404,070
17,647
BALANCE
Government
Insurance
Earned surplus at end
AND CANADIAN FACTORIES
1947
205,582
Klein on the
subsidiary,
S.
loss
1946
ULeasehold improvements,
Dividends
and
net
;
-
securities, at cost
8Instalment' accounts receivable..—,
$213,654
2,190,345
of
hand and In banks
on
S.
Other
Frevious
CONSOLIDATED
\
Inc.,
outstanding.
»A?A'i,;;'Y;'fe
U.
and
passenger
were
'
shares
ASSETS—
Cash
.
income
Total
March,
7,132
553,000
on
Y
$429;211
9,975
$437,391
trucks.
were
Month—
December
Fed.
income
Net
MOTOR VEHICLES OUTPUT BY CORPORATION IN UNITED STATES
July
chhrges_
for
taxes
April 10 announced that production of pasby General Motors in the United States and
on
trucks
$281,662
oper._
-
Prov.
SBased
$6,113,162 $13,156,602 $10,944,946
-ay '.'--Y
Yj-a.Y5,725,205
12,719,210 "10,515,734
AA
from
♦Income
The
and
—
9
operations of the company's newly acquired
subsidiaries, Robinson's Women's Apparel,
Square, Inc.
iIndicates .allocable oortion
1947—6 Mos.—1946 V Y 1947—12 Mos.—1946
VY'./Y: Y^YY;..'Y/YYYY:u ■; Y,'-iX :-Y.
Y
' Y'Y/'
oper*
Profit
General Motors Corp.—March Car Production Higher
aenger
Y
leased
sales)
$7,571,647
v;,Y""
apprentice
for
1727.
p.
(incl.
Merchandise
purposes
-
.
year
sales
departments'
(2001)
includes only nine months'
ating costs and exps.-
scholarships for educational
employees.
be
Trench said.—V.
Mr.
employees to jobtain
program;
Educational
industrial
to
enable
courses
equivalent
educational
$1,000,000
THE COMMERCIAL & FINANCIAL CHRONICLE
22,577
$0.62
.
.
$2.01
company has been changed to end on
for the fiscal year ended Sept. 30, 1946,
accruals
Utility operating income-Other income (net)•——
■
..
—
—
——
10,299
$11,646
Gross income
Income deductions
$1,348
—
—
487
the
statement
Net
income
—
$11,159
■
:'j
«;
.v.
'■■■r/r-r
jy;
/."■rim. ■/■mm/.yy':
m/
10
'■
iim
assets— '
Govt, securities,
S.
U.
at
767
Mfg..
supplies, at cost
Materials and
100,520
shares, $10 par)-.
—
3% note payable (due annually to Nov. I, 1949)__
payable
deposits
accrued
—;
1,398
accrued liabilities-.-.
accounts
Uncollectible
Earned
____—,—$
surplus
includes
above
sales
and
corporation
the
of
Advances
Other
Stock
York
New
Exchange
(secured)
.'
orders
Paid-in
liabilities
<ts
increase
'"it
not clear.
that the company was
companies the possibility of a
$100,000,000 25-year loan.—V. 164, p. 3291.
Just
It
-
circles,
in insurance
reported
was
reasons it is not always
companies in exact alphabetical
order.
However, they are always as near alphabetical
position as possible,
■'//vy'-'/;*
to
C.
—
arrange
Gulf Fower Co- •Earnings—
G
Gross
revenue
Operating
Prov.
$454,123
_________
158,529
expenses
for
depreciation..
plant acquition adjustments
48,000
359,151
&
■■■■:■'7* taxes
Gross income
of
debt
premium
$1,320,248
$1,972,489
14,311
170,721
172,377
205
207
2,474
2,499
247
280
18,227
20,825
$133,314
5,513
$116,710
5,513
$1,133,774
$1,781,785
66,156
66,156
_
—
income
Dividends
$131,094
•
on
(Cr)
Other deductions
Net
$147,530
14,173
_______
long-term debt
on
Amort,
___
stock
pfd.
on
138,673
94,037
114,064
profits
exc.
291,056
4,000
4,000
taxes
inc.
48,000
714,376
General
Inter,
256,000
290,000
f 23,000
of
Amort,
Fed.
1,817,591
,
30,000
,
$4,523,809
:* $396,427 £$4,631,920144,298 'x 1,900,145
Balance
;
$1,715,629
1,189,656
$1,067,618
$111,197
$127,801
:
r
•Non-recurring item___
Federal taxes due
facilities applicable to the
•Non-recurring amount equivalent to reduction in
to
the
war
amortization of
emergency
of
cost
emergency
■
period.—V. 165, p. 938.
Hartford Rayon Corp.—Sales & Earnings—
Calendar
Years—
1
Sales
Net
•
1946
$2,745,988
,
——;
223,749
profit
—v.
1945
$2,142,359
150, p. 3976.
>
.•
'
■
,,
108,Gil
:
/
•;
Haverhill Gas Light Co.—Earnings$77,194
$71,623
$825,441
' $722,101
54,330
Operating revenues
47,652
555,970
459,828
4,807
2,893
9,832
10,632
52,014
113,387
117,035
$8,223
$10,445
479
1,804
$8,703
2,916
Operation
Maintenance
1_
Taxes
Net
oper.
$104,068 1
25,319
$110,677
11,777
$12,250
.2,916
$129,388
35,000
reserve
$9,333
$94,388
$87,455
47
372
5?2
$9,285
$94,015
$86,883
accruals
Gross income
Interest charges
income
—V.
165,
p.
which,
if
maintained,
operations and
The directors have declared an initial dividend'of 8%
April 25
payable
stock,
common
165, p.
1455.
to holders
of
1
the
3V2%
ia
directors.
v
"
The
company's
1947
January,
'
when E.
.'.r1
•
-•
Vice-President;
H.
W.
the former
P. Mattiessen,
•■i.i"
•
C. Kidd,
Millette,
■
V.
••
President,
^r
(J
■
!'
^
George
B.
Schwab,
and
The
cf
and
1930
Nyal's
offices
main
in
New
Officials
more
of
York.
New
since
John
board
•
'
Treas¬
than
Q.
the
Mr.
Kidd
1938,
office
and
Mr.
Millette
is
in
Detroit,
York,
Nyal
served
on
the
products
wide
being
the
has branch
San Francisco.
company
City and
shortly to
distributed
add
to
through'
the
a
list of
nation¬
network of franchised retail outlets.
At present this line in¬
drugs, vitamins, drug sundries and the trade-marked "Tender
Age" line of baby oils, creams, powders, etc.
«
Control of the Nyal Company was
recently acquired by the Heyden
Chemical Corp.—V. 165, p. £10.
cludes
new
record
high
wartime
best
-'•;••
■■■;
for peacetime
record
after
all
■>
"Although
no
of course, can be positive we
one,
in
of
any
our
were
Division
Saw
is
also
more
operating
important
con¬
at
capacity,
Mr.
current
its sales for the first five months for the
approximately 50% over the same period last year.
are among the best in our history," he
•
the
,
„
told
Auer
*
..... _..r
-
stockholders
■
the
company
agreements with all organized employees
new
^ sen ted by seven A. F. of L. unions.—V. 165,
.
recently
in its
concluded
two plants repre-
p. 1729.
Holly Stores, Inc. (& Subs.)—March Sales Up 20.8%—
Period End. Mar. 31—
1947—Month—1946
-
/Sales
—V.
$807,738
165,
1456.
p.
$668,753
1 :
?
1047—11 Mos.—1946
$8,259,343
approval
to
Executive Vice-President
1,029,141
1,415,414
6$12C,296
$187,338
Power Co.—Stock Distribution—
of
the distribution
each share
April 17,
on
of
record April
1947,
16,
additional
of one
1947.
*
that the common*
8 directed
quoted ex'said distribution until further notice.—V.
York Curb Exchange
stock
165,
oL Continental
has received notice that the shares of
Co., Inc., received by Hummel-Ross
Can
the sale of the assets and properties of
corporation to Continental Can are now available for distri¬
latter
stockholders of Hummel-Ross.
of
the
York
New
$7,567,130
of
Hummel-Ross
have
been
certificates to The Chase National Bank
three-fourths
in
of
books
transfer
exchange
share
one
and
of
cancellation
common stock
for
of
requested
of the City
each share
Continental
the
for
stock
common
of
Hummel-Ross
were
permanently closed at the close of business on April 11, 1947.
Accordingly, the common stock of Hummel-Ross was suspended from
dealings on the New York Curb Exchange at the opening of business
April 9, 1847.—V.
on
165, p. IG'66.
Illinois Bell Telephone Co.—Earnings—
revenues
Operating
expenses
Operating
taxes
Net
$13,301,768 $12,158,117 $27,394,634 $25,023,761
35,728
15,632
64,172
31,709
$13,266,040 $12,142,485 $27,330,462 $24,992,052
11,458,882
9,806,026
23,777,123
20,185,891
1,409,039
1,572,098 ' 2,824,967
3,207,276
revenues—
Operating
$398,119
income
$764,361
226,950
operating
—V.
165, p. 1456. ■
$728,372
$1,598,885
390,060
1,241,940
586,868
income
Net
1947—2 Mos.—1946
1947—Month—1946
Period End. Feb. 28—
Operating
Uncollectible oper. rev.—
"
y
Illinois Central
RR.—Registrar Appointed—
Bank Farmers Trust Co., New York,
appointed registrar for the common stock and 4%
—V. 165, p. 1591.
The
City
N. Y., has been
leased line stock,
Motocycle Co.- -Atlas Corp. to Purchase
Indian
155,-
556 Shares of Stock—
Atlas
with
Corp,
SEC
the
and
for
Indian
155,556
of
shares
per share.
Atlas now owns
oi
Motorcycle
order
an
Investment Company
Co.
exempting
have
from
filed
the
an
application
provisions
of
Act of 1940, a proposed sale by Indian to
the common stock of Indian (par $1) at
the
Atlas
$4.50
56,932^hares of the 444,115 shares of common stock
presently outstanding.
proposed sale is embodied in an agreement made between Atlas
Indian dated Feb. 27,
1947 pursuant to which Atlas agrees to^v_
Indian
of
The
and
purchase the aforementioned seccrities subject to the conditions, among
others, that:
(1) The Chemical Bank & Trust Co. and Marine Midland Trust Co.
of New York shall have entered into a credit agreement pursuant to
which the repayment of an
,
indebtedness of Indian to the banks aggre¬
gating $1,500,000 shall have been extended over a period of five years.
(2) K/B. Rogers Companies,. Inc. shall have entered into an agree¬
ment pursuant to which Rogers agrees to purchase or cause others to
not later than Sept. 1, 1947, 133,334 shares of the
at $4.50 T>er share; provided that shares of
in exchange for obligations of Indian aggre¬
gating not mere than $600,000 representing advances to Indian from
:affiliated companies, shall be regarded for the purposes of this pro¬
vision as shares of stock issued for cash; and provided further that
,the merger of Rogers into Indian or the transfer by Rogers of all or
•substantially all its.assets to Indian in exchange for shares of stock of
Indian and the assumption by Indian of the.liabilities of Rogers, in
neither case-,on terms satisfactory fa Atlas, shall also be deemed com¬
purchase for cash,
"common
stock
iStock
Indian
of
of
Indian
issued
this provision.
[Rogers and one of its subsidiaries own
Indian outstanding stock. J
shall have entered into an agreement with Indian pro(viding, in substance, that on or before Sept, 1, 1947, unless Rogers
-and Indian shall mutually agree upon a later date, Rogers will sell,
.lease or otherwise make available to Indian or cause others to sell,
lease or otherwise make available to Indian,
plant and equipmenjt
suitable for Indian's business of an aggregate fair value of at least
with
-about 44%' of
(3)
Rogers
$1,412,500, or in lieu thereof, if Rogers so
to Indian the sum/ of $1,412,500, in
"lent
elects, lend or cause tp be
any such case on terms
acceptable to the Chemical Bank & Trust Co. and The Marine Midland
Trust Co. of New York.
The aforesaid obligation of Rogers shall be
•
discharged if on or prior to Sept. 1, 1947, or such later
mutually agree upon, (a) Rogers shall
substantially all of its assets to Indian in exchange
f for shares of stock of Indian and the assumption by
Indian of the
liabilities of Rogers, or (b) Rogers shall have been merged into Indian
f^or
(c) any other corporation shall have transferred assets to Indian
in exchange for shares of stock of Indian or shall have been merged
into Indian,
provided there shall have been included in the assets
transferred to Indian by such other corporation as part of any such
transaction cash and/or other current assets and/or plant and equip¬
ment suitable for Indian's business,-having an aggregate fair value
of
at least $1,412,500, and-provided further that if such aggregate
fair value shall be less than $1,412,500, the obligation of Rogers shall
"be limited to the amount of such deficiency.
;
" '
,
deemed
to be
date
Rogers and Indian may
as
transferred
have
r
.
(41
and Secretary.
stock
common
receive
to
Co., Inc.
The
"
Hoihe Insurance Co., New York—Officials Promoted—
Escott has been elected
$1,602,752.
74,639
*$126,801
p. 810.
/
165,
43,004.
.
•$1,460.
126,490
revenue.
Hill
Engine Co', shall have transferred substantially all
in exchange for not more than 127,111 shares
stock of Indian and the assumption by Indian of the lia¬
Hill.
LThis condition has already been complied with.l
Diesel
of
Ivan
but
the
;
board
respectively.
Atlanta, Kansas
announced that they plan
200
have
a
exceed
re-
Adamson, Assistant Secretary and Comptroller.:
Nyal Company, in addition to Dr. Cheplin, .Mr.
Kidd and Mr. Millette, all of Detroit, consists of B. R. Armour, Dr.
IJ. W. Harris, Dr. Gregory Stragnell and Paul van der Stricht, all
urer,
and
year
Mr.
Vice-President; Carl j. Klemme,
Secretary;
said,
said.
'
"
establish
cancellation
$908,846
not
pliance
"Earnings from this'division
Harry A.
Other officers include E.
per annum,
*;
fiscal
Nyal
Cheplin, of Detroit, with more than 25 years^ of ex¬
perience in the drug industry, was elected President, a post he assumed
Dr.
be
Can
the' present time, Mr. Auer said, are slightly in
of $31,000,000 and are equivalent to about
thjree years' produc¬
tracts."
Company, one of the nation's largest
thrug distributing firms, were announced recently following a meeting
of its board of
even
40,501
$73,179.
to holders of
t >ere*M'
at
anticipate
15.—
Heyden Chemical Corp.—New Officers of Unit—
of
orders
tion, at capacity.
do not
6hare on
per
record April
'
Auer
officers
of
N.
••
excess
z
Ifew
will
would
9.227.
■•$312
to surrender their
years
taxes/'
Hercules Steel Products Corp.—Initial Dividend—
the
(he
Joseph L, Auer, President, told the stockholders at their annual
meeting that earnings of the company for the first five months of its
present fiscal year "averaged well above $100,000 monthly." ' Earn¬
ings thus far in the fiscal year, he said, "are running at a rate
1315.
3,823
oper.__
frcm
bution to
(R.) Hoe & Co., Inc.—Earnings at High Level—
35,000
Unfilled
V.
at
an
investment banking syndicate headed by Blyth & Co., Ipc. This
loan, according to Mr. Hilton, represents a major simplification ir. the
corporation's capital structure and reduces total annual requirements
for interest and principal by approximately $400,000, equal to* 25 cents
a
share on the outstanding common stock.
Mr. Hilton stated that the proceeds of this long-term financing will
be used to retire the existing
$10,200,000 mortgage on The Palmer
House, which would mature in eight years, and to retire the existing
mortgages on The Stevens Hotel, Chicago, 111.; The Town House. Los
Angeles, Calif.; Hilton Hotel, Long Beach, Calif., and Hilton Hotel,
Lubbock, Texas, now bearing higher rates of interest.
This results in all of the properties owned by the corporation being
clear of mortgage indebtedness, except The Palmer House, The Plaza
in New York City, and a small indebtedness on the Hilton Hotel of
El Paso, which is not subject to prepayment.
As a result of the privi¬
lege of prepaying up to $1,000,000 a year, the new financing gives the
corporation the greatest flexibility. In periods of prosperity it permits
the corporation to carry out it.; policy of reducing its fixed obligation^
as rapidly as possible,
while in periods of reduced earnings, its fixed
charges are reduced substantially, Mr. Hilton said.
The Palmer House,
containing 2,250 rooms, is one of the world's
largest hotels. It is one of the most valuable hotel sites in the world,
located in the heart of Chicago's "Loop."
The aggregate yearly store
rentals exceed $1,000,0C0, and are more than enough to service both
interest and principal on, the new bonds.
Such rentals are larger than
the commercial rentals of any other hotel in the world.
The original Palmer House
was constructed immediately after the
great Chicago fire in 1871, and the property remained in the Potter
Palmer family until acquired by the Hilton interests in 1945,
The
present hotel was opened in 1926 and cost $30,000,000 including land,
to build.
It is the third Palmer House in the city of Chicago,
The
Palmer House has played an important role in the history of Chicago.
Hilton Hotels'Corp. is the largest operator of hotels in the United
States.
It
operates the following hotels:
The Palmer House and
•eevens in Chicago; The Plaza and Roosevelt, New York; Mayflower in
Washington, D. C.; Neil House in Columbus, Ohio; Dayton Bilimore in
Dayton, Ohio; Falm Beach Biltmore in Palm Beach, Florida; Hilton
Hotel, Lubbock, Texas; Hilton Hotel, Albuquerque; Town House, Los
Angeles, and Hilton Hotel at Long Beach, Calif. It has contracted for
the construction of a hotel in San Juan, Puerto Rico.—V. 165, p. 1729.
$122,455
$5,786
Balance
Net
34,559
$5,786
revenues
Non-oper. income, nct__
Retire,
1947—12 Mos.—1946
1947—Month—1946
Period End. Feb. 28—
transp.
Fibre Corp. in connection with
Corporation" has approximately 2.400 stockholders as la result of a
public offering of preferred and common stock made last July through
Mos.—1946
7 1947—12
11947—Month—1946
Period End. Feb. 28—
*
$1,599,748
The New
and provide for sinking fund
to retire 80% of the issue by maturity.
mature in 25
$868,345
Hummeli-Ross Fibre Corp.—Distribution—
1,693,888
amortization of $356,277
1946.—V. 165, p. 1192.
bonds will bear interest at the rate of
will
$63,953.
$5,730,863.
1729.
p.
April 7 that negotiations
mechanical
NOTE—-For
Privately
4,221,120
*$4,135
transport;
value, by
par
stock
$16,000,000 Refunding Bonds
—
3,964,998
The New York Stock Exchange on April
Hilton, President, announced
had been completed for the
purchase by the Equitable Life Assurance Society of
the United States of $16,000,000 first mortgage sink¬
ing fund bonds, to be secured by a first mortgage on
the Palmer House, Chicago, 111.
This it is said is the
largest mortgage on a hotel property during the past
20 years, and among one of the largest of all time. The
Sold
however,
talking over with a group of insurance
possible
and.
1946 and $228,449 at Nov. 30,
Hilton Hotels Corp.
to
$4,823,343
378,629
than
Holders
$84,000,000.
what form this additional fund raising might take was
amounts
»Indebtedness
no
1,271
1,200,000
10,920,000
1,200,000
10,920,000
1,868,441
share)
deoreciation
for
reserve
1946—12 Mos.—1945
$442,581
on
fchare
$13,910,577 $13,247,888
•After
1946—Month—1945
stockholders at the annual meeting to be
April 16, 1947, an amendment to the charter will be filed on
April 16, 1947, pursuant to which each share of common stock, of
no
par value,
will be changed into two shares of common stock, of-
13,743
surplus
deficit
Dec. 31,
authorizing of the company to
borrowing-power to $200,000,000.
The company's present
by
1456.
429,821
revenue
common
stockholders will vote May 28 on
p.
$425,686
Ilouston Lighting &
held
610,572
285,143
contingencies
(par value $1 a
165,
•
of the.
38,000 stock60%
Rapid Transit Co., Ltd.—Earnings—
•Deficit-—V.
$856,356
600,000
474,683
691,116
200,9661
159,472 (
—
...
Caoital stock
Earned
Corp.—Proposed Loan Authorization—
Gulf Oil
Net
144,657
income
Reserve for
on
and
States—V.
has been
by the
caused
than
from
rev.
Deducts,
1
•
.
$1,089,541
600,000
917,924
-
_
contracts
cn
Counsel,
vacancy
February.
More
shares
arc
held
fr.
rev.
Subject
Total
The
•
639,646
—
taxes
accrued
Deferred
April 9 directed that deliveries
of common stock, up to and including April 30, 1947, may be made
either
with
stamped certificates or with permanent certificates at
present being issued; that beginning May 1, 1947, only permanent
certificates at present being issued shall be a delivery.—V. 162, p. 1890.
The
1
$13,910,577 $13,247,888
Accrued
United
transport.
tr.
other
Rev.
124
Accounts
Certificate—
Guantanamo Sugar Co.—Form of
(
Net
,,
Mortgage
out tending
the
General
the
fill
to
last
expenses-
lev.
Operating
4,430,993
4,353,348
:
payable, banks
payable
payable
Notes
March, 1947,
year.—V. 165, p. 1866.
compared with 213 in the same month last
67,447
964,422
LIABILITIES—
subsidiary,
its
board
Kurth
'Pe: ltd End. Dee.^31—
939,323
——
_
Total
Metropolitan Stores, Ltd. of Canada.
There were 209 stores in operation during the month of
*s
progress
ever
Net
Up 0.4%—
1947—2 Mos.—1946
$6,746,816 $11,943,524 $12,190,627
1947—Month—1946
$6,774,670
-
462,952
patent rightsJ______-—
orders
Deferred charges
-
The
in
and
■Factory
(II. L.) Green Co., Inc.—March Sales
Sales
Patents
1070.
165, p.
Period End. Mar. 31—
%
struction
provements).
$452,690
__________.—i-—~•
3,000,000
all
Vice-President and
the
o
Wih'red
automotive
fixtures,
four
officers, with the titles of Secretary,Controller, Assistant General Counsel and
Assistant Secretary.
• i'
7"r '■ ?
n
■
Loughin,
member
of
Grosj
"Angele Higgins," con¬
end leasehold and im¬
equipment, Motorship
77,080
of
advancement
Secretary, and advancement
employees who were not offi¬
were made
or
h-.dcrj
5,710,291
________—-
A.
a
Honolulu
41,906
Deposits on bids
•Fixed assets (machinery,
732
137,578
—
-—
Total
—V.
—
_________
_
_________
elected
.
.
6,190,254
(less reserve)
suppliers
the
of
and
Thirteen
Assistant
Secretary,
company's
$990,621
——-—,
to
Advances
4,796
in aid of construction.———l—~«—
Contributions
Inventories
81,618
Reserves—Retirement
and
consisted
Vice-President
Secretary.
retirement
$1,693,883
$1,525,096.
697,373
—
receivable
Accounts
—
—
hand
on
to
of the company
Cl ::-la3
Dec. 31./46 Nov. 30, '45
,
banks and
in
Cash
534
Interest accrued
Capital surplus
ASSETS—
promotions
Assistant
to
and Secretary of
The Home
Vice-President and Secretary of;
elected
1
New Director Elected^—
.
6,817
$1,868,441
—
COMPARATIVE BALANCE SHEET
2,691
3,222
—
3S,3p2
.
11,993
period
7,520
———
Customers'
accounts
been
$1,723,423
$1,687,071;
Vice-President
Love.
has
officers
fceoetary
$1,837,943
18,500
—
—
S.
Co.,
remaining
five
of
$1,852,946
15,003
expense
for
Loss
35,000
:
for uncollectible
Provision
Interest
;V,
LIABILITIES—
The
•
officers
cials
—-
—
—
loss
Balance
Common stock, 10,052
•
2,710,265
10,991
—•-
—
Other current and
2,920,715
'
Operating loss
Other income
1,931
—-r-——r—
$452,690
Taxes
$7,978,195
6,991,353
general and admin¬
—i.
expenses
John
Assistant
22,484
-
■
Deferred debits"
Accounts
$8,952,181
7,884,412
______
selling,
engineering,
istrative
2,450
-r—--
—~
mrrr
' V//:V Monday, April 14, 1947
\
The Home Insurance-Co.'
Nov. 30/46-
,
...
—-—-—
goods sold—
7'
*;
,
Indemnity
Mos.End..
JS.QTf)
receivable
Prepayments
—:—
of
Cost
*
.
ment.
Dec. 31/46
...
Sales
receivable
Accounts
Period—
,
$358,674
39,423
\
—
1
redemption value-^-^———
at cost.,—
Cash
Notes
FINANCIAL CHRONICLE
11 Mos.End. 10
Utilities Co.)
Liquidation ol Great Lakes
li
■
t
Iliggins, Inc.—Annual Report—
31, 1946
BALANCE SHEET, DEC.
FORMA
PRO
(Allied Gas Co* alter
plant,
m'::'rr.r^
THE COMMERCIAL &
(2002)
Utility
■■'
'
,rj
v-,,.'v?
■
its assets to Indian
of
common
bilities
V.
of
165, P.
685.
'
"
'
/
*
He h?id been Vice-President and Secretary sine 1935.
Leonard
all
and
A
Peterson
companies
in
has
The
been
Home
elected
Vice-President
Fleet.
He
formerly
of
28
Controller
of
"//•:
;
ij-
promotions was made by the company, including the
as Vice-President and Secretary: George E.
election
of
the
following
Stroub,
to
be
in
charge
of
the
Pacific
and
Department;
and Suburban
Foreign
t,
T.
Morgan Williams, in charge of the Metropolitan
Departments, and Herbert A, Payne, in charge of the Western Depart-
(Buffalo)
Solvency of Company—
International Ry.
Vice-President
was
Secretary in charge of the Western Division. /'Z
total
and
Test
—
New Act Invoked to
determine whether the company should be reorganized
New York PS Commission for 10 a.m. April
Office Building dn Buffalo.
v
r
The
proceeding is the first to be undertaken by the Commission
under terms of the recently enacted Section 110 of New York State's
A
hearing to
"has been scheduled by the
24
at
the State
,
■
<?£$■
Volume
Number 4585
165
THE COMMERCIAL & FINANCIAL
CHRONICLE
(2003)
Public
Service
Law.
This
'Compel icui^u.ii<iaux.n
be insolvent.
section
authorizes
the
c«/,nj/i..iieo
ubiiitjf
v..
Commission
PS
it
wn.cn
to
Combining
in
Deiieves may
the
:
■',< The New York Commission
on
several
occasions
in
recent
severly criticized the service and finances of International Rys., which,
operates trolleys and buses in Buffalo and Niagara Palls. Until now,
however, the Commission has lacked
which
might
lead
to
power
to initiate
investigation
an
of
products
most
of
Johns-Manville
types
company, founded in .1387, is
metallic gaskets used in high
of
164,
./;•?/ .)///■;/ ./V;/-/ /./•
Goctza
plant
in
and
has
New
Indiana Associated Telephone Corp.—Earnings—
Period End. Feb. 28—
Operating
1947—Month—1946
Uncollectible
oper.
*
manufactured
gaskets
:-,///
$445,196
224
495
445
The
corporation
has
signed
an
agreement
with
the
Rent
for
lease of
$253,903
190,500
$494,437
145,414
385,122
2^1,098
,u
50
Net
50
100
36,923
52,287
109
*
75,190
•
$34,270
$41,586
$56,928
19,88'.)
28,915
28,519
Henry J." Kaiser, Chairman, and Joseph W. Frazer, President.
The "spare parts"
building, now housing the experimental
$78,363
52)816
-
1
•
service training school and model
r
Edgar
E.
Rand
has
been
elected
Vice-President.
J.
Lee
was
recently appointed Director of Industrial Relations.
these positions were occasioned by the death in
•
of
February
Jenkins,
Mr.
who
Rand
started
with
Mr.
Vice-President
was
is
the
the
Johnson
and
of Frank
son
in
company
C.
Director
Rand,
of
Industrial
H.
E.
He
time
1947—Month—1946
$4,795,196
$7,953,929
declaration
a
and
Corp.,
state
April 4
filed by
The
Co.
Co.
of
V/isconsin,
transactions
involved
subsidiary of
a
be
may
Under
Interstate of Wisconsin
<of
due
1957,
securities
its
and
has outstariding
shares
5,274
of
$800,0C0 6%
stock
common
"We
owned
are
Interstate
to
Interstate
consummation of
as
V.
All
the
this
Wisconsin
of
the
of
$800,000
bonds.
of
option
from
were
any
■
Nov.
of
structures,
Hunt.
'
for
April
"
and
65,
television
New
Pene
York
duBois
Gearhart
is
President
Orleans;
.
producer,-
"Mirror"
today
formerly
was
and
by
executive
chief
editor
or
as
designer.
of
the
of
Fulton,
investment
Walter
banking
and
firm
of
New York,
Wilcox
Lerner Stores Corp.—March Sales
Increased 7%—*
Period End. Mar. 31—
Sales
165, p.
••
.
1947—Month—1946
1947—2 Mos.—1946
$8,432,738
$7,881,045 $14,093,167 $13,725,75a
________
—V.
1450.
Libbey-Owens-Ford Glass Co.—Earnings—
.4'.V;'.•/:/ v
for May,"
Quarter Ended March 31—
Net profit after charges and taxes
Earned, per com
share™.
10,000
.
•
"Loss.
,'1946'
1947
$3,456,117
*$450,445
$1.35
Nil
__i_
.•/:/•
The income and? expense
statement for the first quarter showed, net?
manufacturing income of $7,451,603 plus other income of
$278,0426
-
.
for total
income of $7,727,645.
General, sales, administrative, research,
development expense was $1,799,527. Federal taxes
amounted t<»
Net earnings
remaining after expenses and taxes were>
$3,456,117.
'■/..'■« /'...
output.—
]
and
ex¬
-
..: <\?/,
engines
Gear-
company
N. Y„ and a director of
Higgir.s, Inc., of
Gay Corp., of Charlotte, Mich.; Otto Airlines,.
of Newark, N.
J.; Consolidated Industries, of
Lafayette, Inc.; Virginilfc
Dare Stores, and other
companies.—V. 165, p. 687.
New
"
Kaiser-Frazer operation,
8,000
the
announced
was
a member of the law firm
Leader Enterprises, Inc.
Gearhart and Co.,
\
..
during February.
scheduled
Mr. Halley is
Mr.1
D.
directors
Mercury."
He is Chairman of the Fashion
Fair, to b&
12
through June 18, 1947, with Leon Leonidoff as
June
and Raoul
Halley, counsel to
1,
Production Up—
month
American
Garden,
of
and
:
and
the
Frederick
board
Show
1591.
and
»
$2,472,000.
Kansas Gas & Electric
Upon
■
.>•
Co.—Earnings—
1947
1946
$2,010,894
906,116
-
$1,734,606
632,320
r
Operating revenues
Operating expenses
l
Property retirement and amortization
137,500
133,583
$967,278
417,207
-
"■
.
//'V; hV, /•; ■'''■/
...
''r,/r' <'
/tj.
V-'
First quarter earnings reached
prewar- levels although prices for
plate, window, and safety glass have only advanced an
average of
,18% since the depression year of 1938 while
wages were advancing
73%, it was revealed by John D.
Biggers, President.
The net earnings.
of $3,436,317. for the first quarter was
almost identical with first
quarter
earnings in 1941,
last
prewar
year,
which
amounted
to.
j
2 Months Ended Feb. 28—
transaction, the bonds will be canceled.^—V. .165,
1456.
p.
Run
shortage of engines has been a constant bottleneck to sustained
production, increase of Kaiser-Frazer Corp.
Recently Continental's Muskegon plant started a second shift pro¬
ducing Kaiser-Frazer motors.
At the end of March, -Muskegon had
stepped up to 150 units a clay to add to the Detroit plant's
by Interstate, and are pledged under
mortgage securing Interstate's 5%
first mortgage bonds, due 1957.
Interstate of Wisconsin proposes to issue to Interstate an additional
fi.000 shares of common stock in consideration of the surrender by
.
year
<
Willow
A
Inter¬
pari.
10
new
^
„
for
plant, training building and other
airplane hangars and landing field, /
first
have
said Mr,
first mortgage
($100
its
up
////
lease
power
the
its
tinental
summarized
take
may
original
the K-F Detroit
engine division leased from Continental Motors, Inc., built 5,294 auto¬
mobile engines.
According to E. J. Hunt, Production Manager, this Is
1,162 more K-F motors than were produced in
Detroit, Mien., by Con¬
follows:
(bonds,
of
K-F Engine
issued an order permitting to become effective
Interstate Power Co. and a subsidiary of Ogden
Interstate Power
Power
Ccrp.
1955.
l,
the
"The
radio
of
and
the
of
Antiques
Square
President.
a
writer
members
National
Madison
McCrary,
producer
arrangements call for rental of the main manufacturing
and assembly building of 2,650,000
square feet with additional balcony
space with a total ofc 1,000,000 square feet, .with the
administration,
clusive
Interstate Power Co.—Order Granting Exchange—
on
of
commissary,
$6,983,157
reported sales increase of 16.4% for March includes sales from
newly opened leased departments which will directly contribute only
a
small net revenue
to the company.
Excluding the sales of such
departments, Interstate's sales increase in March would have been
S.8%.—V. 165, p. 1316.
SEC
Mr.
Tne. tease
The
The
terms
at
..
_
/■
1947—2 Mos.—1946
$4,119,039
Fair
Rudolph Halley
elected
recent
Jerry Finkelstein,
/
1945 to Dec. 31, 1950. A secon«i option wa^
arranged for five years and
the agreement announced on March 29 adds
an option for an additional
10 years.
1927.
Interstate Department Stares, Inc.—March Sales—
Period End. Mar. 31—
prior to Jan.
The
/?/■:
*
is
Sales —
/Fashion
McCrary,
been
the
.of
produced
;
Kaiser-Frazer
"Tex"
have
sponsors
of 470,000
area
Enterprises, Inc.—Three New Directors—
Reagan
hait,-jr.,
division,
editorial
The
Relations.
Chairman of the board.
an
Leader
J.
thereafter.
'
in
the son of Oscar Johnson, a former President of
He also came with the company in 1927.—V. 165, p. 686.
the company.
f Angeles and San
Leasing of the additional building to Kaiser-Frazer brings the governmeat a total rfent of $1,050,000 in 1947 and
$1,400,000 in 19*8 and
Johnson
Vacancies
has
-
165, p. 1456.
purchase of the Barbara Ann
Baking Co., Ltd., of Los
Bernardino, Calif.—V. 165, p. 1456.
/
?V?V4-
square feet. »It is situated on 36 acres adjacent to the express
highway
and has been occupied by Kaiscv-Frazer on a
"telegram of intent" since
April 1, 1940. The lease figure for this building is $200,000
annually.
.
International Shoe Co., St. Louis—New Officials—
service garage,
Sales Rose 8.3%—
1947—Month—1948
1947-3 Mos —1946
$5,241,495
$4,342,633 $12,335,563
$11,229,54%
Larigendorf United Bakeries,
Inc.—Private Loan for
Acquisition of Properties Approved—The
class A stock¬
holders on April 3 authorized the
corporation to borrow
/from the Equitable Life Assurance Society of the
United
States the sum of
$1,250,000 to provide funds for the
,
23,083
taxes
operating income
Net after charges
—V. 165, p. 1531.
Corp. acting by an througn the War Assets Administration
under which the company has the
option to extend its present lease of
the Willow Run, Mich.,
plant iorl8 years up to Dec. 31, 1965. The
corporation also leased the Willow Run "spare
parts" building." An¬
nouncement of the new option and lease
was issued on March 29
by
$444,751
oper.
,%prop.
Operating
v->
$223,973
n;
/."■
Reconstruction
Finance
?
sales
—V.
Kaiser-Frazer Corp.—Exterids Option On Willow Run
'
$494,932
254
Operating revenues—
Operating expenses
Period End. Mar.-31—
Net
1947—2 Mos.—1946
$224,197
rev.
available,
40,000 square feet ■'
ranging from '/a inch
to 34 feet in diameter
diameter, weighing a fraction of an ounce,
weighing 1,500 pounds.—V. 165, p. 1071.
pace,
and
$254,157
revenues
Lane Bryant, Inc.—March
contains
iloor
J
gaskets
result
,;•••">v
;
r
Brunswick
of
2832,.
p.
and
.
will
a
in
reorganization.—V.
Goetze
leading manufacturer
'temperature and pressure
•
The
and
complete lines of packings
points • out.'\./v.-....<• ...;/
Goetze
service.
'v;
the
the
announcement
The
has
years
of
one
$968,703
409,569
167,543
167,238
.
>
'
Balance
Interstate RR.—Equipment Trust Certificates—
The
and
ICC
April
on
liability,
authorized
2
guarantor,
in
the
of
trust certificates, series G,
Philadelphia Trust Co. of Philadelphia,
as
equipment
and
accrued
dividends
in
connection
to
company
respect
as
not
to
be
obligation
assume
exceeding
issued by
$2,700,000
the
"lotal
the
procurement
deductions
(net)-—.
$3,400,917
Fidelity-
income
Net
-V.
1G5,
$382,528
__
$391,896
of certain
The
report
On
of
March
the
11,
Commission
1947,
Kelley ,Boat
states:
copies
invitations
of
investment
for
bids
form
and
Iowa Public Service
Provision
The
offered
3,120,075
to
pay
.
other
:Prov.
for est.
than
Federal
Fed.
inc.
taxes
733,077
686,551
profits taxes
income
288,122
Ore.*—Files
With
accrued
fields.
filed
letter of notification wittf
a
tW,
859,448
excess
during
In
plant
SEC
The
for
first
,
,
quarter
,
of
in
quarter
any
,
298,000
April
on
shares" ($1
at
$1
balance
filed
1
par)
letter
a
-class
of
..
1947
the
and
reflects
not
may
exceptional
represent
and
.surplus
is
amount
in
higl*
new
"Part
,
for
prod¬
our
this
of
increased
demand
in
use
many-
commenced a major
nearing completion.
in excess of prewar
long-term
values.
to conserve out of
proper
reasonable
a
,
demand
substantially
a
payrolls set
the company,
of
,
company
which is now
1945
facilities
new
realistic
in
carry
in
program
these
Therefore,
it
ist
current earnings
anticipation of possible*
depreciation in the future."
Summarizing progress
.
the plant construction work, the quarterly
Plaskon resin plant Is nearing
completloi>
and will house the expanded
operations of Paramet Corp., a subsidiary,
now being moved to Toledo
from Long Island City, N. Y.
Steel work
is up for the new plastic
molding compound factory. New equipment
for
the molding
unit has been
tested
in
the
pilot plant.
Power
facilities also are nearing
completion.
This building program, which,
will greatly expand
the output of Plaskon Division, is expected to*
J?e completed by, the end of the year.—V,
165, p. 1457,
report revealed that the
SEC
stock, to
will be used
for
Part
years;
'
,
to
total
history
;
,
war
and
anticipation of thisl situation,
of
considered
convertible
without underwriting, proceeds
purchase price of oil properties and
of
the
notification with
cumulative
A
share-,
a
the
expansion
cost
levels,
working
608,449
^
and
for
372,328
for depreciation-
''Taxes
Milwaukee,
shares
company
be
590,612
Inc.,
Kentucky Oil & Distributing Corp., Monticello, Ky.—
Files With SEC—
1946
493,649
Co.,
•
and
$7,109,995
Maintenance
record
the
earnings reflect an unprecedented
declared the President in his
report.
ucts,"
(no par) common stock, to be offered at $7.50 a
share. Underwriter, A. D. Wakeman
Co., Portland, Ore. Proceeds will
be used for working
capital.
1947
_
share.-
a
in
disclosed.
was
t
15,000
$8,132,482
3,863,234
revenues
Operation
,<
The company on March 31
for
.
Co.—Earnings—
12 Months Ended Feb. 28—
,
.Operating
sec—
of
Ibid, were mailed to 82
banking firms and banks as pros¬
pective bidders on and purchasers of. the certificates.
In response
thereto, three bicis were received, the best bid being that of HarriRipley & Co., Inc., of 99.3544, with a dividend rate of 2Va%
/per annum, which was accepted.
At this price, the average annual
*<cost of the proceeds to the applicant will approximate 2.22%.—
y. 165, p. 1591.
10,176
"Current
.equipment.
.
of
all-time
an
it
.
811.
p.
$1.35
or
Employment in Libbey-Owens-Ford factories increased
r
average
trustee, and sold at 99.3544
with
income
of
capital.
(S. S.) Kresge Co.—March Sales 11.7% Higher—
on
new
r
Period End. Mar. 31—
Net earnings from operations
Other income, net
$2,163,787
Gross
income
Interest
$1,463,142
28,074
,
38,675
$2,191,862
charges,
special charge
and
other
—V.
165,
$1,501,817
984,968
p.
In-March, 1947, the company had 697 stores in operation,
702 in the same month last
year.—V. 165, p. 1456.
(S. H.)
747,262
$1,206,893
$754,555
Sales
„
1947—Month—1946
to
—V.
165,
as
1947—3 Mos.—1946
C.
N.
Jamaica Public Service Ltd.
'Operating
Lit Brothers,
$177,241
126,603
125,416
111,250
$45,570
$37,586
Drl,177
Dr826
$44,392
research
and
$36,759
$443,768
7,926
8,770
98,418
103,193
$36,466
$27,988
$345,349
$306,932
$436,074
$411,714
7,693
Kohler
Drl,588
deductions
income
S.
shares
$410,125
25,067
Preference shares C
Common
dividend
—V.
4
-
165,
78,260
91,800
-
&
products,
new
became
notably
Vice-President
also
Chairman
Co.,
Inc.,
the
of
the
•
Corp.
act
F.
R.
Mar. 22—
sales
and
$89,072
140,
1947—12 Wks.—1946
$5,805,259 $26,987,836
$16,850,221
Earnings
Earnings
before
after
Earnings per
taxes
/
,
The
corporation
organization:
Friedlander
P.
Seiger
P.
'Treasurer;
J.
M.
the
following
changes
in
its
executive
A. U. Hunt from Controller to Assistant to the President:
M.
«j.
announces
has
and R.
from
to
Vice-President
and
Treasurer;
elected Controller; H. G. Homuth, Assistant
Williamson, Assistant Secretary of the company.
been
W,
Friedlander-
A. U. Hunt.—V.
Treasurer
was
elected
a
director
of
the
company
succeeding
165, p. 1456.
Lewis
H.
Brown, Chairman of the board, On April 4 announced
completion of the purchase by this corporation on March 31 of
*he
factories
'Co.,
Inc.
and
other properties of the Goetze Gasket &
Packing
Brunswick, N. J., manufacturers of metallic gaskets,
agreement signed in February.
This will substantially sup¬
plement the J-M line of packings and gaskets, Mr. Brown said.
Goetze gaskets will be produced as formerly, at the Goetze plant
In New Brunswick
and
sold by
Johns-Manville under the Goetze
-name.
It is also expected that an expanded use will be made of
amder
of New
an
■Goetze's
or
facilities, skilled craftsmanship and highly specialized
knowledge in the manufacture of metallic gaskets, Mr; Brown said;
plant
$11,854;
market
as
merchandise in
of life
ment
$48,178;
hand
transit
•/1:-.>
''th// £■/
"jV?
\».
"•? -.J
'4/*'
in
banks,
by
(at
the
retail
101
for
miscellaneous
at
lower
inventory method),
cost). $51,804; investments
depreciation
and
March Sales Increased 20.7%—
—v,.165,
'
S248.186
$248,186
p.
"
1729."
$205,582
$205,582
of
$18,197;
'
"
share
similar distribution
oa
pay¬
waa
on
tb®
of
notification
with
With.
the
SEC
New
York.
development and for working capital../
Payment
;
called for redemption on
May 1, next,
will be made at any branch of the Bank
holders' option.—V. 164, p. 2288.
Co.—Earnings—
1947—Month—1946
622,294
taxes
retir.
79,824
—-
res.
86,000
approp.
Net
Inc.
to
1947—12 Mos.—1946
$1,155,907 $13,836,005 $13,492,671
6,991,889
496,762
6,880,91&
231,577
2,056,440
999,970
78,602
881,960
898,574
109,000
1,160,080
2,363,000
200.586
—
of
utility plant
acquisition adjustm'ts ;/:/
cost
of
A
Minneapolis—Files
letter
a
$1,240,883
Federal
$269,894;
oper.
from
21,413
256,958
256,953
$218,553
$2,472,064
$2,109,861
$230,640
$218,553
92
31
$2,470,041
49,502
$2,109,86T
7,16%
$230,732
$218,584
$2,519,543
41,550
42,003
501,768
$2,117,031.
507,527
"2,894
""3,090
'"67,576
,.// Cr4C0
Cr219
Cr2,lCl
Crl5,632t
Si,952,360
$1,284,111
revenues™ :
plant
21,413,
$230,766
leased
others
Drl26
£8*2,023
.
$152,364),
Operating income
Other income (net)
,,
total, $648,-
Gross
Interest
income
on
Amortiz,
&
&
mtge. bonds
debt
disc.
expenses
278,245-
——
Other interest & deduct.
■
.r
.
.
Interest charged to con/: struction
Dividends
.
$173,710
$186,748
applicable to pfcl. stock for period-
,
62,780
356,532
356,532
$1,595,828
$927,570
1947—3 Mos.—1946
$651,660
$557,898
$557,8,98
'
Balance
ie=' p* l592-
t
V' ^???■
April 2 filed
Net income
"
1S47—Month—1946
!S
Sales
interest.
Other taxes
':;-V
Period End. Mar. 31—
on
revenues
re¬
LIABILITIES—Accounts payable, $103,361; accounts payable (mer¬
chandise in transit), $51,804; Federal income and other taxes, $108,332; accrued salaries to employees, $12,646; unclaimed dividends, $42;
deferred
credit, $9,917; $6 cumulative preferred stock (issued 515
shares of no par
value), $51,500; common stock (par value $1), $63,000;
capital surplus, $35,973; earned surplus, $217,307; cost of 58 shares of
preferred treasury stock, Dr$5,760; total, $648,722.:
of America,
Operating expenses
(surrender value
amortization
deferred charges (unexpired insurance),
and
Amort,
(valued
Corp.
company
Operating
$0.91
$240,737;
—
dividend of $6.50 per
cumulative preferred stock,
gold bonds due 1950 have been
at
policies), $8,058;. store and office fixtures and equip¬
reserve
,
V-''. ;?//./'Y *?;•/:?*';
and
Bartoa
15, last.
of Montreal In Canada at the
SHEET, JAN. 31, 1947
merchandise inventories
determined
insurance
(after
722.
Johns-Manville Corp.—Acquires Gasket Firmtthe
ceivables,
on
p.
H.
London (Ont.) Realty Co., Ltd.—6V2 % Bonds Called—
All of the
outstanding 6Va% first mortgage 20-year sinking fundL
Prop,
ASSETS—Cash
Assist¬
an
T.
Andrews,
60,625
' $1.91
BALANCE
elected;
been
1592.
April 5.
Louisiana Power & Light
123,300
^
record
Proceeds will be used for mine
$2,217,647
106,459
share
common
Jan.
a
the 6%
on
of
Period End. Feb. 28—
$2,797,583
199,550
taxes
165,
has
named
Col.
85,000 shares, of common and 42,500 common stock warrants nofr
exercisable until May 1, 1948. The price is $3 a common share and two
cents a warrant.
Underwriter, Hautz, Engel &
1946
1947
by
for
(M. H.) Lamston, Inc.—Annual Report—
Changes in Personnel Announced—
.*
The
sub¬
2189.
p.
headed
SEC—
Chocolate Manufacturers of the U. S., succeeding
retiring President of the Hc-rshey Chocolate
of the board of directors of the Grocery
America.—V.
on
Lithium
a
member
a
-
1947—4 Wks.—1946
$9,372,013
and
Murrie,
He
is also
Manufacturers of
Jewel Tea Co., Inc.—Current Sales Rose 61.4%—
Retail
Creams
1911
Peter Cailler
as
Sales
?••Period End.
of
company's manufacturing
Years Ended Jan. 31—
:
Pond's
in
board
director
a
Co,
91,800
$126,073
—
of
He
is
of Cocoa
William
1193.
p.
3
.
21,991
80,416
and D—
paid—J. P. S. Ltd
Balance
r
25,807
21,991
B_,
He
Chocolates
Swiss
ciation
shares
development
Chocolate.
1940.
of the Pond's Extract
Co., for whom Lamont,
selling agents.
Mr. Day is
currently President of the Peter Cailler Kohler Swiss
Chocolates Co., Inc., and has been with
Lamont, Corliss & Co. for
27 years, having become Vice-President in
1945.
He was a member
of the Industry
Advisory Committee of the War Food-Administration
during the war, Mr. Day was recently elected President of the Asso¬
Co., Ltd.—
Preference
Preference
in
sidiary, and
Preference Dividend Requirements:
J. P.
and
Nestlc's
Assistant Treasurer,
Marrable
giving effect to the dividend just declared, arrearages
will amount to $5.50 per share.—V. 164,
p. 3415.
issue
,
Corliss
Gross income
Net
151,889
10,416
P.
After
Mr.
director
utility oper. income—
Other income, net
Income
12,184
10,833
accruals
reserve
209,570
17,824
:Retire.
253,253
President
to holders
declared
21
15
April
made
K.
Wallbridge, formerly Vice-President, has been elected
and Clive C, Day as Executive
Vice-President and director.
Wallbridge succeeds Robert H. Cory, who died March 16.
Mr. Wallbridge joined this
company in 1906 and specialized in the
762,984
22,501
William
$1,622,123
912,754
20,937
Maintenance
•Taxes
$1,879,388
65,917
E.
Philadelphia—$6.50 Dividend
March
accumulatetions
able
Lamont, Corliss & Co., N. Y.—Changes in Personnel—
1947—12 Mos.—1946
$148,606
82,07.6.
.
on
account of
(& Subs.)—Earnings-
1947—Month—1946
revenues.—_
Operation
Vice-President.
a
Barton, while B. L. Allen has been
Secretary, and all other officers,
President, have been re-elected.—V.
The directors
*
Period End. Jan. 31—
formerly Assistant Secretary and
elected
1
1456.
p.
Co.—Changes in Personnel—
Barton,
been
succeed
$12,636,667 $11,235,475 $33,973,802 $30,994,137
™_
N.
has
Kress & Co.—March Sales Increased 12.5%—
Period End. Mar. 31—
1316.
Lion Oil
C.
against
as
ant
income
Net
1947—3 Mos.—1946
$20,370,725 $18,236,146 $52,477,701 $48,464,912
de¬
ductions
•
1947—Month—1946
Sales
^?
:;f.?,'?? ^;
*
?!???•■;??:?'?
;">??:/;?,./?"■'•:.??.!\:? M/r-M
■
■
*
12
vi
April
(Kentucky) for the week ended
totaled 32,203,000 kwh., as compared with 24,398,000
1947,
5,
this
of
output
—V.
Calif.—Registers With
Inc., Oakland,
Stores,
Lucky
Wed a l°tter of notification with the SEC
common stock to be offered to stockholders at
will expire April 16 and unsubscribed shares
will be offered to the public by Edward D. Jones & Co.; Reinholdt
& Gardner; and Stlx & Co., all of St. Louis, Mo.
Proceeds will be
used tD
reimburse treasury for previous expenditures and to meet
current expenditure requirements.—V. 155, p. 401.
for
$20
SEC—
The
>
50.000
SEC for
of
shares
$1.25
for
used
'will be
debentures
fund
April
on
159, p. 738.
capital.—V.
.
statement with the
preferred and 50,000
par common. Underwriter, Blair & Co., ^. Proceeds
payment of notes, redemption of 10-year Are sinking
for purchase of new trucks, fixtures and for working
4 filed a registration
shares ($25 par) 5%% cumulative
company
shares
453,092
share without
term
of long-
D.
McCrory
Montana Power
'
■:■■■■*
t
Period End.
Sales
-
>
<
Stores Co.—March Sales
Mar. 31—
1947—Month—1946 .
$3,463,023 $3,465,644
McLHJan
-
Operating
Other
1947—2 Mos.—1946
Co., Inc.—Chief
(B. H.) Macy &
J. Lambertus has been
Prederick
it
York,
New
announced
was
on
.
*ii
^
1868.
p.
*
*
*
,
'
1,754,667
125,000
]
125,000
1,500,000
•
—V.
165, p. 1317.
on
Int.
•
int.
•
.
$7,252,559
$8,841,192
-95,833
1,145,208
-
94,675
-
-
.
remuneration
$20,000.
—
proposed amendment, if approved, will be
1, 1944, the effective date of the present plan.
If the proposed amendment becomes effective,
amount of
the plan
from $5,000 to
effective as of Jan.
The
the members of the
affected by the proposed amendment and the company will both
be required to make additional payments as though the present plan
<as originally adopted had
contained such amendment. Thus the total
cost of the increased benefits will be paid partly by. the employees
"affected by the proposed amendment and partly by the company, such
I employees* contributing 4Vu%
compensation received during such
.'years of creditable membership service after March 31, 1945, which is
in excess of $5,000, but does not exceed $20,000.
On the basis of independent actuarial studies making various assump¬
tions in regard to the above factors, the company estimates that the
lump sum additional cost to the company for all service prior to Jan.
1, 1947, of the proposed amendment over and above the cost of the
present plan would be approximately $547,467, of which $169,531 is
on account of officers and directors and the remainder is for all other
employees affected by the amendment.
It is expected that this amount
will be paid as promply as possible in instalments as permitted by the
Internal Revenue
Code (10% per year).
However, the company Is
■allowed considerable discretion in relating such payments to its general
financial condition.
On the basis of the assumptions made in these
I
plan
!.
'
studies, it Is estimated that the average annual cost
In
the future (excluding funding for past services)
of
for in the amended . plan will amount to
of. which only $37,729 will be on account of
amendment.—V. 165. D. 1317.
-provided
$173,346,
/
to the company
;
the benefits
150
2,220
Mercantile Stores,
deduc.
&
627
;
•
2,290
300,006
52,907
—V.
:
1947—2 Mos.—1946
$7,323,700 $15,896,400 $13,873,800
$643,922
the
957,534
$4,225,183
957,534
$4,847,591
V.—Files With SEC—
April 2 filed a letter of notification with the SEC
100,000 shares of common stock to be offered at $3 a share
without
underwriting.
Proceeds will be added to working capital.
The company
—V.
on
164, p. 1873..
.
165,
1947—12 Mos.—1946
Gross revenue
Operating expenses
Prov. for depreciation™
$6,141,605
2,371,946
421,833
$6,538,988
2,623,028
526,000
1
9,233
'General taxes
-
•
148,593
!*
149,184
9,184
profits - taxes 1
.*
-.1
Federal income & excess!
™_Jv™J
.
t
) r
-t-{,4
l
r-M
680,686
,.!T( ,
Gross
[872,110
Inter,
$138,796
income
$160,674
:
$1,726,488
229,670
22,588
22,807
272,040
long-term debt
of premium on
on
Amort,
debt
(Cr)
$1,087,405
274,657
'
353
356
4,253
4,294
Cfl.896
425
Cr6,411
Cr3,283
$118,458
w
$137,799
$1,465,113
$820,325
120,594
,120,594
$1,344,519
—
Dividends
10,049
pfd. stock
on
10,049 -
'
—V.
940.
165, p.
$127,749
in
the
'
Operating
revenues
Operating
$1,325,253
expenses
'Federal
taxes
—
taxes
155,441 1;
584,792
..
97,044
™/
1947—12 Mos. 1946
$1,180,732 $12,534,480 $11,304,202
718,254
—
•
Other
Light Co.—Earnings—
1947—Month—1946
7,273,461-*
Boston
1,276,421
873,453
and H.
i:
serve
Net
appropriation—
77,000
64,000
854,000
738.000
revenues™
$277,514
$285,771
403
$2,257,145
1,120
$1,980,972
/
13,352
$277,569
$286,174
$2,258,265
$1,994,324
31,250
31,250
375,000
375,000
21,593
21,593
oper.
*
Other income
^ Gross income
;
Interest
"Amort,
^
r
,
on;
of
mtg. * bonds
utility
acquisition
Other
int.
&
55
...
1947—Month—1946
$8,345,294
——
,
10,589
6,943
Cr2,028
Cr869
259,116
:--J
*-259,116/
126,145
86,995
Cr70,670
Cr7,192
$227,257
$1,568,674
$1,280,405
stock for period—
266,856
in operation,
Moore,
as
curried
L
p.
mathematics at Mas¬
is also a director of
director of Southeastern
of
Rich
Mr.
Jr.,
a
Treasurer.
"strict"
a
that
so
rights, including the
in
trust
the
right
which
Association's
the
vote,
no
amended
been
new
to
shares
of
Declaration
of
the
preferred and common
trustees annually.-
elect
shares on April 10 were ready
for the old $5.50 preferred
transferable
warrants
for
new
for delivery against
shares and against
shares.
agent in Boston, Mass., is the State Street Trust Co.,
York, N. Y., the agent is the Chase National Bank of the
York.—V.
of New
New Haven
SEC
The
on
165,
p.
1870.
(Jas Light Co.—Sale of Bonds Privately—
March 27 issued an order approving the
of
$2,000,000 2%% first mortgage bonds,
issue and sale for cash at par to eight savings banks
aggregate of
an
1972.
due May 1,
net
The
of the sale of the bonds are to be used to proproduction and storage facilities and othfer
165, p. 1196.
proceeds
'
funds
vide
increased
for
capital expenditures.—V.
that its 2%% debentures due 1970
exchange for temporary debentures,
the Manufacturers Trust Co., New York, N. Y.—V. 164, p. 2549.
corporation
announces
delivery,
for
Co.
of
New
York, Inc. in the
"Chronicle"
1038.
New York New Haven & Hartford RR.—Plans
are
in
Edison
April 7, 1947, page 7.—V. 72, p.
Ready—
/
Deposited for Retirement of Bonds—
Consolidated
See
of
National Dairy Products Corp.—Debentures
ready
New York Gas & Electric Light, Heat & Power Co.—
Funds
$5,265,-
Equipment Trust Issue—
000
at
The
April 8 asked Interstate Commerce Commission for au¬
company
thority to issue $5,265,000 of equipment trust certificates of 1947, No. 1,
Distillers Products Corp.—Increases Div.—
National
directors
March 27
on
declared
to
quarterly dividend of 50 cents
per share on the compion. stock, payable May 1 to holders of record
April 11. A quarterly of 25 cents ancl an extra of 25 cents were paid
on Feb. 1, last, an on Nov. 1, 1946.—V.
165, p. 1730.
New York
will hold
hearing April 22 cn the application filed by
Gas
& Electric Corp.
and Industrial Gas Corp. (a wholly
non-utility subsidiary company of National).
Industrial pro¬
poses to change its name to National Gas & Oil Corp.
Industrial proposes the issuance and sale of $1,750,000 15-year sink¬
Sales
ing fund
Other oper.
New York
(c)
to
of
the general
to
corporate
National
funds of the company
to
amount
been
also
1946—3 Mos.—1945
Operating
expenses
-
in
full
its
presently
outstanding
!
•il
$1,100,000.
bank
v,
loans
■
!
305,000
"Taxes
434,257
305,763
1,719,198
1,793,485
t$103,033
$549,777
$1,177,646
$1,202,562
13,371
$560,847
$660,597
244,842
979,370
27,165
26,356
96,041
9,628
10,231
44,275
t$371,297
Gross
income
debentures bv Industrial has
Int.
on
long-term
debt
expressly approved by the P. U. Commission of Ohio. Industrial
an
exemption from the competitive bidding requirements
Int.
on
advances
$279,418
t$459,089
24,916
979,370
from
new
U-50.—V.
165,
p.
parent
Other
1870.
Steel Castings Co.—Grants
company
int.
and
of $300,000,000 program to modernize the Australian railway
system, according to a joint announcement made by Cleve H. Pomeroy,
!Appropriated
Balance
-
President
of
Director
of
While
no
be
National
Industrial
estimate
manufactured
that
has
was
for
his
as
Greenberg,
*No
or
Operating
of
additions
Uncollectible
steel
250,000
200,000
t$709,089
t$125,70a
JFor acquisition of bonds
.
• f. f
•
of the dollar value of the products
licensing agreement, Mr. Greenberg
already in production on some items
its
50,000
$229,418
income tax payable.
fLoss.
property.—V. 164, p. 2550.
New York
to
50,000
inc..
Federal
of new
$74,300
•
51
Managing
foundries
to
step
Telephone Co.—Earnings—
1947—Month—1946
Period End. Feb. 28—
the
.
,
*
1947—2 Mos.—1946
$28,247,023 $25,411,523 $57,875,480 $52,773,537
65,070
50,424 ?
116,165
/n 94,737
revenues
oper.
:
rev-
possible.
engineers
company
Leon
is
Steels
as rapidly
Malleable
and
49,591
>
t$421,297
net
—
given
under
begun construction
up output
National
foundry
Industrial
Malleable,
Steels, Ltd.
99,301
,
miscel.
li¬
part
and
11,070
$622,568
38,029
t$89,662
244,842
Operating income-—
Non-operating income-
„
the
in
This
company
has
licensed
Industrial
Steels,
Ltd.,
of Sydney,
Australia,
to manufacture in
Australia
its
patented
car
couplers,
freight
car
trucks,
draft
gears
and
other
railway
specialties,
as
said
$4,507,392 $14,000,302 $15,233,902
2,997,625
9,196,682
9,725,766
349,227
1,461.854
1,537,005
305,000
1,000,000
1,000,000
Depreciation
seeks
Rule
to
$4,472,565 $13,941,770 $15,176,508
34,827
58,532
57,394
$3,790,419
2,780,689
373,506
revenues™-
deductions
.
1946—12 Mos.—1945
$3,754,094
36,325
steam
Maintenance
to be available for
proposes
retire
of
"Chronicled
purposes.
to use the $945,000 it would receive from the
redemption of Industrial's bonds together with $155,000 of its general
funds
of
Total
(a) to redeem $945,000 first mortgage
National; (b) to repay the Freedom-Valvoline
$367,640, for advances made to Industrial; and
the balance, after deducting the expenses of the proposed
add
general
held by
amount
of New York, Inc. in the
162, p. 677.
Co.
Operating revenues:
debentures dated April 1, 1947, to a group of underwriters
by G. H. Walker & Co. Industrial proposes to use the proceeds
now
—
Steam Corp.—Earnings-
Period End. Dec. 31—
from the sale of such debentures
the
Edison
1947, page 7—V.
April 7,
SEC
bonds
Queens Electric Light & Power Co.
&
Consolidated
See
Financing—
on
owned
Co.
165, p. 1731.
Bonds Called—
Of
5%
15 Diesel locomotives.—V.
of the cost of
80%
cover
a
in
plan
to
Sydney.—V.
design
165, p.
a
malleable
$28,181,953 $25,361,099 $57,759,315 $52,678,800
19,934,797
17,273,730 40,818,861
34,913,229
4,729,211
4,573,289
9,816,038
9,738,971
Operating revenues
iron
Operating expenses
1870.
Operating
,
National Shirt Shops of Delaware, Inc.—Sales—
Period End. Mar. 31—
1947—Month—1946
$909,437
Sales
165, p. 1593.
'
;
$898,878
\
1946—3 Mos.—1946
$8,292,958
$8,063,111
Net
Net
taxes
1457.
$1,301,818
$1,013,549
The
164, p. 425.
$3,517,945
3,136,247
income
charges
$3,514,080
1 3,170,348
$7,624,416
6,863,448
$8,026,600
7,355,764
165, p. 1594.
'
corporation has recently changed its name of Flying Tiger Line,
Inc.—V.
oper.
after
—V.
■
165,
professor
Rich;
and
Blake
Chairman, of the
preferred; and
$5.50
director of the Columbian National Life Insurance
Floyd D. Campbell, President of the Asso¬
a
common
of
in New
City
the same
National Skyway Freight Corp.—Changes Name—
Balance
Burns,
former
The "exchange
and
1947—3 Mos.—1946
266,856
$216,165
Dividends applicable to pref.
-V.
of
and
Association's
Technology.
established
now
new
exercise
$8,197,491 $22,115,6E'l $21,175,804
The company in March, 1947 had 209 stores
number as in March, 1946.—V. 165, p. 1458.
—V.
income
■
-
plant
adjust
deductions
"Int. chg. to construction
Net
-
March Sales Increased 1.8%—
Period End. Mar. 31—
Sales
Property retirement rer
firm
the
associate
of
Coleman
interest
necessary
1,725,458
734,396
86,010
law
for
-
-
surrender of certificates
tion of
6,125,376
160,159
'
-
New Common Stock Certificates Ready—
C.) Murphy Co.—Secondary Offering—The First
Boston Corp. on April 8 effected a secondary distribu¬
National Malleable &
&
-
Hosmer, professor of accounting at
Business
Administration; John F.
of
financial analysts
cense—r
Period End. Feb. 28—
636,-
of
Consum¬
*
^
'•
Arnold
Committee
McCann, and
voting
a
25,000 shares of common stock (par $1) at $36J/2
share (net). Dealers discount 800
ft., an
at 849,980,000 cu.
and other corporations;
The
(G.
per
or
corresponding
"
'
Hamilton Gas Corp.
continuing
trustees
are
Lothrop
Withington,
private
member of the Boston law firm of Withington, Cross, Park
has
quarterly dividend of 62 Vz cents on Jan. 31,
,1947. In addition to four quarterly dividends of 50 cents each received
last year, an extra of 50 cents was paid on Oct. 31, 1946.—V. 165,
p. 1730.
j
/MississippiTower
the
three
Trust
37 ^
Receive
to
held.
The old stock received
kwh.,
7,728,124
new
-
•
School
Wadsworth,
P.
ciation;
The directors on March 19 declared a regular dividend of 37% cents
per share on the common stock, payable April 20 to holders of record
April 12. This v/ill be equivalent to 75 cents per share on the stock
outstanding prior to the two-for-one stock split approved by the stock¬
holders on March 15, 1947.
One additional share of stock was issued
on April 3 to holders of record March 24, 1947 for each share already
of
$108,408
Balance
Stock
-
W.
are
Sylvester,
carry
Co.—New
&
The proposed igsue and sale of the
Net income
v
.
and
Co.
$699,731
—
Other deductions
of
for
bonds and preferred shares,
appointment of four new trustees to
trustees until the annual, meeting of
the
previous
*
Graduate
Stock
Originally
Morrell
transactions
i»';
ago.-
and
Corp.
Cents—
Oil
\
•
' j
1,350,065
63,466
(727,895
3,477
adjustments
tion
is reported
April 9 of its
on
sachusetts-Institute
1457.
p.
(John)
headed
Amort, of plant acquisi-
kwh.
Goodall-Sanford, Inc. and Mr. Sylvester is
National
.
1947—Month—1946
$562,996
' $525,567
">219,206
/175,064
47,166
37,166
.:
L.
George
1947—2 Mos.—1946
1947—Month—1946
trustees
partner
beneficial
"The
■
————
^National Gas & Oil Corp.—Hearing
Period End. Feb. 28—
i.
—
$97,551,906 $78,453,828 $168,757,143 $133,684,588
—V.
,
Mississippi Power Co.—Earnings—
/,
Rich,
$3,267,649
$5,805,125
$688,943
period--—
Montgomery Ward & Co., Inc.—March Sales—
Per. End. Mar. 31—
The
for
1947,
announces
the. three
new
The
Sales
165, p. 1457.
Mexican Gulf Sulphur Co., N.
1»
increase
an
53,163,610
?
Harvard
Albert
1593.
165, p.
The
1947—Month—1946
$8,864,400
-
-
March,
consummated..;-
The
the
trustee,
approximately
the proposed
Inc.—March Sales Rose 21%—
Period End. Mar. 31—
is
This
of
year
a
1947, the Association reports electric
1
with
been
389,767
2,591,882
•
ex
stk for
now
Sales
week
the holders of the Association's hew preferred and common shares in
May, 1948, when trustees for the following year will be elected by the
shareholders.- With these steps, the-plan of recapitalization has-noir
1,581,453
174
—
_
income
Net
—V.
amendment increases the limitation on the
which may be considered for purposes of
for
Association
Preferred
—Current Year to—
01The proposed
'
output
serve
451,319
$787,219
$739,598
debentures
on
bonds►
mtg.
29/47 Mar. 30/46
$6,033,313 $12,938,164 $12,575,160
held March 7, 1947, voted to amend the
Mengel Savings and Retirement Plan,
subject to approval by the
stockholders at the annual meeting of stockholders which is to be held
kwh.
188,410,000 cu. ft.,
above production of
28.22%
ago. v
Following delivery
-
directors, at a meeting
The
reported at
or
corresponding
ended March 31,
60,891,734
year
mated—
$8,389,873
3,244
'
income
Gross
Interest
Proposes to Amend Retirement
—
Gas
the
53,214
$783,975
,
.
(The) Mengel Co.
Plan—
'
-
a
ft.,
cu.
the
increase
of 213,920,000 cu.* ft./or 33.63%
above production
060,000 cu. ft. for the corresponding month a year ago.
13,113
$7,199,345
$735,875
-,>• 3,723
*
/
(net)
-
;
.
13,113
revenues-;
cper.
income
Other
$6,385,627
i
sales
for
above 'production
month
.
adjustm—
Mar. 29/47 Mar. 30/46 Mar.
»
,
Retail
14.54%
-
3,861
.■* *
#
-
"
> -
;"
41,468,000
ft.
1,500,000
r
Amort, of debt dis. &
5 Weeks Ended •—»"
—
util.
of
Net
Other
Corp.—Current Sales 5.8%— Higher—
Melville Shoe
/■
3,217,234
142,448
approp
res.
acquisition
appointed Chief Auditor of Macy's
April 1 by Abe Hackman, Vice-
Controller of Macy's New York.
Mr. Lambertus suc¬
ceeds H. Steward Conklin, who has resigned to accept the position of
Controller with Hahne & Co., Newark, N. J. .
'Mr. Lambertus has been with the Macy organization since June,
1942, as senior Accountant In the Corporate Control Office.—V. 165,
of
cu.
Adds Four Trustees—Recapitalization Plan
Auditor.«Appointed—
and
President
265,366
189,893
-—
5,266,506 '>■
.389,299
.
,
Amort,
:
336,523
4,858,241
1,459,860
1,717,340
of
output
1947—12 Mos.—1946
$1,706,088 $18,954,726 $17,942,288
485,155
:
taxes
taxes
depl.
$6,439,684
$6,503,442
increase
For the month
1947—Month—1946
$1,872,446
revenues
Oper. exp., excl.taxes—
Federal
Decreased 0.1%—
——
1457.
165, p.
—V.
'.'.A/;
Gas
an
3,861
1946.—V. 165, p. 1868.. y/
in March,
; as
r
•
-v"?.v;..-...-.~*;-■■.
output for the April 4 week is
ago.'
year
Dull,
Co.—Earnings—*
Period End. Feb. 28—
-
Association—Output
ended April 4, this Association reports electric output
13,944,226 kwh.
This is an increase of 1,533,044 kwh, or 12.35%
above production of 12,411,182
kwh. for the corresponding week a
of
146,942,000
Period End. Mar.
>
York, Inc. in the "Chronicle" of
144, p. 459.
For the. week
Secretary
Stores Corp.—March Sales Rose 12.93%—
31—
1947—Month—1946
1947—3 Mos.—1946
Sales ——V
$6,822,592 $6,041,678 $17,959,700 $16,255,515
The company operated 199 stores in March, 1947, the same number
Consolidated Edison Co. of New
New England Gas & Electric
McKellar has been re-elected Vice-President, and F. C.
and Treasurer.—V. 164, p. 2289.
,H.
$8,452,605
$9,028,587
New Amsterdam Gas Co.—Retirement of Bonds—
Whipp, President since 1931, has been elected Chairman
of
the
board, and Jerome A. Raterman, formerly Executive VicePresident, has been made President. As Chairman, Mr. Whipp suc¬
ceeds F. P. Thedieck who died in January.-Vr. *"
-
the SEC
$1.50 a
1947—3 Mos.—1946
$3,333,941
165, p. 1318.
See
New
—
$3,604,973
April 7, 1947, page 7.—V.
*
*
•
Ohio
Sidney,
—V.
Wendell E.
March 31 filed a letter of notification with
($6c par) capital stock, to be offered at
underwriting. Proceeds will be used for payment
note and to increase working capital.—V. 165, p. 1868.
The company on
for
-
Co.,
1947—Month—1946
sales
Net
President—
Corp.—Files With SEC—
Luscombe Airplane
?"
Too!
Machine
165, p. 1870.
Period End. Mar. 31—
15,000 shs, ($1 par)
per share.
Rights
Monarch
.
1960,
Neisner Brothers, Inc.—March Sales 7.96% Higher-
The "™npany nn March 31
I
1,
also V.
See
Co.—Files With SEC—
Missouri Utilities
Redemption—
$75,000
of 15-year 4%%
sinking fund debentures,
have been called for redemption on May 15, next,
at 103 and interest.
Payment will be made at The Marine Midland
Trust Co. of
New York, trustee,
120 Broadway, New York, N. Y.—
$3,320,000
$3,586,000
additional
Oct.
due
1457.
165, p.
the
for
$1,273,000
$1,468,000
Sales
the
for
National Vulcanized Fibre Co.—Partial
An
Jan. 1 to-
29/47 Mar. 30/46 Mar. 29/47 Mar. 30/46
Mar.
Monday, April 14, 1947
Increased 15.3%-
-4 Wks. End.
company
corresponding week last year, an increase of 32.0 ,c.
52 weeks ended April 5," 1947, totaled 1,565.220,000
kwh., as compared with 1,369,244,000 kwh. for the previous 52 .weeks,
an increase of
14.3%.—V. 165, p. 1868.
kwh.
Output
Miles Shoes, Inc.—Current Sales
Output
Electric Co. (Ky.)—Weekly
Louisville Gas &
Electric
CHRONICLE
THE COMMERCIAL & FINANCIAL
(2004)
(J. J.) Newberry Co.—March Sales Rose 9.9%—
Period End. Mar. 31—
Sales
—V.
1947—Month—1946
$8,659,811
-
165,
p.
1458.
- :
.
'
1947—3 Mos.—1946
$7,877,594 $23,577,850 $21,290,445
^Volume 165
Number 4585
THE COMMERCIAL & FINANCIAL CHRONICLE
Newburgh Steel Co., Inc., Detroit—Stocks Offered—
Public offering of 30,000 shares of 6% cumulative con¬
ft
The
Total
including
hot
terne
plate).
items,
and
cold
roiled
sheets,
strips,
such
The
also
is
company
engaged
in
the
finishing of
parts;
electrical
machinery;
&
'ftft '
shares of 6%
i
from
Net
ry.
declared
27
regular quarterly
a
.
inc.
1947 to
holders of
....
of
lines, and replacement and modernization of
equipment
major projects in this program which anticipates substantial
are
increases
of customers and their
requirements.
two major projects are under
way, Mr. Machold reported.
These are the new units at the
Buffalo and Oswego steam electric
generating plants. Together these new units will cost about
$20,000,000
and will generate 1GO.OOO kilowatts.
Notice of intent to construct a
30,000 kilowatt hydro-electric plant at Stewarts
the
number
first
daga
Bridge
River
studies
has
for
been
future
filed
with
additions
New York State
upper
the
to
under
are
Federal
per
Other
tomers increased
"It is our objective that
every farm customer in
the franchise
territory of the Niagara Hudson System who wants our service shall
it made available to him," Mr. Machold
declared.
"We propose
to carry thab program to
completion as rapidly as it is physically
possible to do so. In 1930 System companies had
7,997 miles of rural
lines serving 24,143 farms.
By January, 1947, the number of miles had
to
18,800 and
the
number
farms
of
share will have been paid
per
it
the
on
back
Operating
$15,149,000,
revenues
sale
of
and
gas
inclusion
and
in
bituminous
1945
which
were
decrease
a
in
was
and higher costs
coal
of
strikes.
$6,590,000,
of
expenses
expenditures
effort,
3.58%.
$15,319,000
connection
with
counterbalanced
of materials,
This
company's
in
for
amortization
national
part
in
defense
1946
supplies and fuel.
income
railway
bv
of
standing
with
1946
$13
$15.50
dividend
earnings
per
par
four
$3,894,000,
was
1945.
in
of
Dividends
1946
$3
the
at
an
to
stockholders
increase
of
solidated
the
stock
mortgage
same
Total
issue
1
$5.34
$6.68
4,921,875
*
$1.66
••
$1.00
estimated
an
refund
of
•
$2,582,000 arising from carry-back
"
..
.
Francisco,
City,
Calif.,
at
Bankers
in
exchange
or
delivery
for
Trust
for
Co., 16 Wall Street, New
temporary debentures.—V.
^
v-:
...
Co.—Changes in Capitalization
Approved—Plans Sale of 626,136 Common Shares—Files
Registration Statement—
The stockholders on April 8 authorized an increase in the author¬
344,781
ized
The
$301,935
$294,168
$3,627,937
80,421
126,033
863,767
1,663,332
292,993
247,896
Oper. inc. bef. deprec.
$36,283
$43,265
18,200
19,000
$559,947
193,045
' $18,083
$24,265
Other
...
income
...
'
990
$374,243
42
3,532
income
$25,144
$370,711
exercise of subscription rights
The
contemplates
company
be
made
will
be
open
planned,
This
$315,902
*
shares
of
to the
3,738
*
Interest
Net
1,055
$25,320
'
175
on
outstanding
will
$366,1901 ft $313,210
1,341
6,429
$19,074
(net)
aggregate
an
the sale of this
required to carry
made necessary by
■
$535,552
222,341
$19,031
income
Gross income
reclassified
in proportion to their respective holdings.
There are
6,261,357 shares of common stock.
Subject to ap¬
its application by the California commission, the company
proposes
to offer its 75,000 common stockholders the right to buy
one share of additional common
stock, at its par value of $25 per
share, for each ten shares held on the record date.
A registration statement covering the proposed offering will be filed
shortly with the Securities and Exchange Commission.
The com¬
pany plans to mail to its common stockholders, as soon as possible
after the
effective date of the registration
statement, prospectuses
covering the proposed offering, together with lull instructions relating
287,542
288,000
•
shaves;
has filed with the California Public Utilities Com¬
application to issue and sell 626,136 shares, oi its common
an
with
common
now
965,981
1,547,435
26,124
10,000,000
par value. of $15,653,400.
It proposes
stock to provide part of the additional
the very substantial construction pro¬
gram
the rapidly increasing demands for its
services in northern arid central California.
Under
the company's articles of incorporation its common stock¬
holders have a preferential right to subscribe for new offerings of
$3,624,512
73,875
152,652
to
through
1947—12 Mos.—1946
1947—Month—1946
26,448
18,000
Operating
8,000,000
company
mission
Subs.)—Earnings—
(&
13,000
Depreciation
from
ferred
proposal to change the par
$100
May 8 on a
expenses
on
stock
common
1,000,000 unissued shares of 6% first preferred stock to 4% first pre¬
stock, and made the common stock nonassessable.:;/; : ft;u,:..
H. C. Nelson has been made an Assistant Secretary.
74,908
1,164,617
1,415,349
361,165 ftft 350,669
97,668,764 96,674,497
204,836,766 203,853,718
income..
stockholders
to
be
the
to the
new
ft
stock.
new
common stock offering
May 12 and that subscription
its
record
If, the company completes
until June 30.
warrants
will
that
of
registration as
should be ifr stockholders hands in lata May.
first offering of common stock made by the. com¬
pany for 16 years.
In the period from 1926 to 1931, inclusive, it
made six. similar offerings \of its common shares, at par, M, then
existing stockholders, and; inni929 an additional offering was: made
at a higher price.
These offerings, made without underwriting, were
uniformly successful,
and resulted in subscriptions averaging more
than 99%
of the total stock offered.
No underwriting is contem¬
$319,640
-V. 165, p. 1319.
with
in. connection
plated
the
offering.-
proposed
paid
rate
the
upon
of
$10
ery
for
as
corresponding week last year,
of
$755,200,
bond
and
the
at
close
and
of
the
renresented
capitalization.
The
bonds,
to
due
1996,
held
be
in
in
treasury
and
Ohio Edison Co.
Operating
they
are
tion
earned
a
The
lien
bonds
the
upon
funded debt of
times
10 years.
not
November,
was
not
were
assumed
terminals.
for
by
Instalment
the
average
retirement
At
income
from
in
securities
had
of
pf
13.46
times
over
end
of
the
investments
a
$3,177,000,
"Commercial: and
/
market
year
Financial
1
appropriations
by
2,056,469
30,140
359,098
4,322
7,967
96,262
$662,198
$6,894,648
80,538
966,469
990,155
$581,660
$5,928,179
$3,210,162
'
stock
pfd.
Balance
165, p. 1459.
of
$3,730,000, and invest¬
$3,789,000, compared with
~
found in the
of
April
•
.
10,
the
of
*
The
company
outstanding
Trust
has called for redemption on June 1, next, all of its
30-year 4,/£%' first mortgage bonds, due Dec. 1,
Co.,
trustee,
75
North St.,
.
The
and
bonds
1967.
dated
April
1,
1947,
by
bonds are secured
.
;i
'
and mature April 1,. 1948-57
first mortgage and floating
a
all the company's assets now owned and hereafter acquired.
are
issued under a
trust deed .authorizing an aggregate of
on
They
$3,000,000
•time.*
are
These
:
principal
Additional
amount
bonds of
be
issued
subject to the
Trustee: Royal Trust Co.
of
bonds
other series,
restrictions
to be outstanding at any one
not'to exceed $1,000,000, may
contained
in
the
trust
deed.
•,
industries
.
1 .
,t
operations,
operating day
/
' •
including
miscel¬
war.
-
-
r
<
'
<
->*-..
'
for sinking fund purposes and. the retirement
for redemption Jan. 1, 1946, and not pre¬
called
payment prior to that- date.
the public at the end of 1946
Total
funded
debt
in the
of
addition, $13,332,000 was received late in December in-connection
the sale of properties to the Sacramento Municipal Utility Dis-
with
&
series "B".
the
bonds
I
for
of
In
Privately—Collier
Quinlan Ltd., Montreal, announced April 3
the private sale of $2,000,000 1st mortgage bonds (in
Canada), consisting of $1,000,000 2%% serial bonds,
series "A" and $1,000,000 3% 20-year sinking fund bonds,
Norris
war
,
County
Middletown, N. Y.
Ottawa Electric Ry.—Bonds Placed
largest
branches^of
was 328,742,000, a net in¬
$20,213,000.7' . 1 ft
*
'•
s
On Dec. 31, 1946, outstanding bonds were 47.8% of total capitaliza¬
tion and surplus, preferred stock 21.0%
and common stock and sur¬
plus 31.2%.
\
V*ft- ''ft-*-..
•<•
£
The company closed the
year in a strong current pos tions with
approximately $16,828,000 in cash and $15,462,000 invested in shortterm United States Treasury obligations.
Most of. these funds were
derived from the sal? of the series P bonds ebove ment'oned.
$59,000
1965, at 100 and interest. Payment will be made at the Orange
the
• -1
purchase of bonds
series
crease
Co.—To Redeem
Telephone
Bonds—
charge
19451,
Chronicle"
Y.)
(N.
all
measure
hands
County
Orange
of
from
is
sented
'
'
many
of the magnitude and diversified character of this
afforded by the statement that in 1946 alone, more than
1,200 industries announced projects for new or expanded-plant tfacilities
In the company's service area.
In order to procure additional funds to carry forward its extensive
construction program, the company in October sold, at a price slighly
above their par value, $25,000,000 of its first and refunding mortgage
series P 2%% bonds, due June 1> 1981. '
.
,
\
.
This increase in outstanding long-term debt was partially qffset b,y
Some
$4,200,317
80,538
$679,046
on
1 per cent of
income,
growth
1,460,080
139,214
the com¬
totaled
value
respectively,- for
.
.
the
company's direct funded debt,
sinking fund was established in
Furtherremarksby Mr. Smithwillbe
19.
174,361
31,649
with
revenues
before
than
170,037
*
pay¬
the
voluntary
a
the
$8,088,180
2,288,567
long-term debt
Dividends
-
an
2,855,809
4,480,529
$9,406,479
$874,667
$965,594
and expense*..
Other deductions
company1,
purchase
1
and
and
income
on
due
company held by the public, included
$43,697,100, or 21.18% of the direct stock
held by the public.
Fixed
charges were
and
1,793,515
1,017,840
(2,912,636
|4,708,042
prem.
of
the
1946
in
callable,
1937.
-$3,014,000
55.000
671,998
j
Amort, of debt discount,
purchase of $402,000
for" later transfer to the
ft
provide
is
debt,
capitalization
12.44
80,560
750,846
*___
.___]
'
funded
bond
of plant acquisi¬
adjustments
$759,584
Inter,
sinking fund accruals have reduced the original obligations
of the company to
$2,237,956. Upon completion of payments in
1952,
the company will
acquire title to these terminal properties,
total
for depreciation..
Prov.
Amort,
$2,997,639 $38,671,419 $35,053,362
1,109,946
17,367,809
14,452,833
286,027
3,258,612
3,382,494
to
ments and
The direct
expenses
has
increased $7,692,000, or 4.8%, to a record total of
$168,281,000. This gain was achieved despite reductions in both electric
and gas rates placed in effect early in the year estimated to save
our
customers
approximately $7,000,000 annually.
These combined
rate reductions affected gross revenues in 1946 to the extent of about
$5,200,000.
•
ft
I '
'
'v
Earnings for the 6,261,274 shares of common stock in the hands
of the public were $2.72 per share, compared with $2.16 per share in
1945, and an average of $2.45 per share for the. past ten .years.
Dividends were continued at the rate of $2 per share per annum,
which has been uniformly paid during this 10-year period.
. 7= ft,
It is apparent that much of the wartime growth is of a permanent
character, and that the industrial, commercial and agricultural -de¬
velopment of this region will continue on a far higher plane of activity
1947—12 Mos.—1946
1947—Month—1946
$3,695,494
1,614,103
284,390
revenue
which
for the? past 30 years and
Sales Of; relectricity exceeded
■
within one-half Of
night.
laneous
(& Sub.)—Earnings—
Period End. Feb. 28—
Gross
nation,
Gross
'
2696.
p.
one
the
Corp. and Homblower and Weeks, New York. Pro¬
added to general funds for investment and corporate
be
operations
our
billion cubic'feet:'
peak established in 1944.
This record is the more im¬
when it is remembered that the San Francisco Bay region
of the most important war production and military areas in
and
Boston
purposes.—V. 165, p. 1233; V. 164,
of
143
wartime
was
will
ceeds
branch
than
kilowatt-hours and were
billion
the
company on
debt
terminals.
conneijted than-irt any: other year.' o
-•
gas
continued the unbroken upward;; climb
more
pressive
an
The First
was
was
of
this
totaled
16.7%.—V. 165, p. 1872.
April 8 filed a registration statement with the SEC
unspecified number ($25 par) cumulative preference shares.
Underwriters are Auchincloss, Parker & Redpath, Washington, D. C.;
17
23.44%
decrease
custorherS
Sales
marked
SEC—
The
Feb. 24,
witnessed a vigorous and sustained growth in almost
phase of the company's activities.
*
Expenditures for enlarging and improving our facilities were approx¬
imately double those of 1945 and,-despite shortages of essential ma¬
terial and equipment, more miles of line were built and more new
7'/2
for
on
every
Minn.—Registers With
Northwest Air Lines, St. Paul,
...
year
increase of
an
President,
The year 1946
output of this company for the week ended April 5, 1947,
54,978,000 kwh., as compared with 47,102,000 kwh. for the
totaled
out¬
of
ready for
(Del.)—Weekly Output—
Northern States Power Co.
Gross
increase
are
Electric
1945.
an
deliv¬
at The Chase National
Harris Trust & Savings
1965
of
Federal taxes
13,996,
to
1950
due
exchange for temporary debentures
the City of New York and at the
in
Bank
debentures
Bank, Chicago, 111.—V. 165, p. 1595.
paid March 10, 1947, out
making a total distribution
same
debt
serial
Definitive
General taxes
per
Annual Report—James B. Black,
stated in part:
Northern Natural Gas Co.—Definitive Debs. Ready—
—V.
funded
municipal
page
21,361,845
20,918,125
365,661
preferred stock and common stock from
revenues
taxes
Fed.
included, by direction of the Bureau of Accounts
of the Interstate Commerce
Commission, $5,461,000 of bonds of City
of Norfolk, Va., and an accumulated
sinking fund of $625,032, a total
of $6,086,032, the consideration in contract
of lease and purchase of
April: 25, 1929, from the City of Norfolk to this
company of certain
ments
18,499,000
19,398,515
4,031,000
4,017,577V1
165,' p.rV1595V
value,
par
General taxes
Sinking fund.
pany
2,561,735
5,319,760
23,923,580
Definitive 40-year 2%% debentures,-tiue Dec. 1, 1985 will be available
and after April 14, 1947 at The Bank of California, N. A.» trustee,
York
maint. & garage
expense
Other oper.
to purchase,
for the voluntary sinking fund established for retiremei}(j,"of direct funded debt, of $353,200 of the company's first con¬
To
4,174,000
profits credit.-
excess
San
each present share to be exchanged for
shares of the respective classes of stock.—V. 165, p. 1871.
share,
numbered
funded
decrease
a
outstanding
•which
vote
will
the adjustment
new
Equip,
year.
DEBT—Total
$49,783,131.92,
t
stockholders
value to $25
Operating
$905,000,
.
last
5,578,479
557,907,459 566,993,619
North Texas Co.
the
upon
was
surplus,
the
were
annual
share
per
$18,284,000,
or
previous
FUNDED
and
22,673,000
on
.
(unappropriated)
Period End. Feb. 28—
'
In
,500
2|177,316
t
-
proval
Railway tax accruals
equivalent to 3.79%
earned
investment of $579,800,000.
transferred
share,
company's
the
in
stock
common
extra
an
The
r
5,982,414
662,654
27,914,900
Dr293,000 £>r3,991,320
Definitive Debentures Ready—
Split-XJp Planned—
The
of
compared
nor.
of
*
capital
income, after deducting sinking and reserve funds appro¬
$994,000, was $22,733,000, an increase of
$54,000,
or
0.24%,
After
deducting dividends on
adjustment preferred stock,
the balance remaining was
$21,854,000, an increase of $54,000, and
•was equivalent
to $15.54 per share of the outstanding common
stock,
of
5,209,000
———
Total
war
increases
30.26%.
the
22,966,000
1,178,000
;
•Includes
stock,
Balance of
priations
over
*
' '•
6,158,981
Drl76,567
Earnings per com. share
'ft"
1945
52,808,615
-
surplus
surplus
(appropriated)—_—-—.
emer¬
the
and
wage
was
property
Non-operating income, net,
'
.
__
liabilities
surplus
$25,066,000, a decrease of $7,572,000, or 23.20%.
Net railway operating income was
$21,953,000, a decrease of $815,000,
of
j
270,280,000 254,043,422
50,232,101 221,039,000 179,359,573
8,089,468 *26,275,000
46,768,949
5,141,000
68,000
1
income
Net
557,907,459 566,993,619
Earned
Operating expenses totaled
6.66%, due principally to
or
were
of
1947—12 Mos.—1946
64,480,550
55,953,000
.
income
Dividends
'ft
6,005,126
—
Earned
electricity to the
$129,714,000, a decrease from 1945 of
10.46%, due priucipally to decline in war traffic and
or
rairoad
$92,334,000,
and
68,670,000
—7,576,000
Total
$15.15
ft
62,828,528
Unearned
dividends
Norfolk & Western
Ry.—Fifty-first Annual Report—
R. H. Smith, President, on March 25 stated in
part:
or
(& Subs.)—Earns.
1947—3 Mos.—1946
Interest deductions _•
81,884,587 103,658,504
35,920 "'ft. 33,305
Unadjusted credits
is
operating profit obtained from the
public."—V. 165, p. 1871,
of
expenses
.
892,353 :
818,832
liabilities
Deferred
important to realize," Mr. Machold emphasized, "that
the substantial increase in net
income resulted entirely from a decrease
in income deductions
and
preferred stock dividend requirements of
subsidiary companies, and not from an extraordinary or unusual
gency
165, p. 215.
stock.
"I think
the
>t
>
.
-
(adj. preferred and common)— 162,638,500 162,638,500
debt
i
—
49,783,132 50,536,331
41,109,734
51,447,644
Long-term
dividend
$5.00
$1.25 each.—V.
14,064,830
.
_
.
revenues
Net operating income
Otherincome.net
31
1946
,'t ft 422Q
2,234,459
,;
par
1 and Nov. 1,
Operating
Capital stocks
to 59,377."
served
requirements it was equivalent to $1.42 per
share on the corporation's common
stock. Regular quarterly dividends
of
$1.25 per share on the corporation's first
preferred stock were
resumed in 1946, and, in
addition, Mr. Machold stated, by May 1 of
year
1G4C,
Taxes
$
'ft $
•
400,156,457 398,684,196
3,939,329
3,687,045
.*_..
Current
Commenting on the annual financial report sent to stockholders
last month, Mr. Machold stated that the
consolidated net income of
$16,000,000 for 1946 had been the highest in the
System's' history.
this
declared a dividend of $1.25
per share on
value, payable May 1 to holders of record
$3 per share was made on Jan. 27, iast.the following, payments were made
Jan. 28, $1.25;
May l,1
no
J
LIABILITIES—
their
have
this
DEC.
(book value)
assets
value of
way.
1G%
and industrial sales continued at a
high level, due largely, Mr.
Machold stated, to the wide diversification of
industries served by the
Niagara Hudson companies.
of
SHEET,
"'ft
'ftft'''ft."'ft
,ftftft.;.ftftft. .ftft; ft-I
companies;
pre¬
$1,260,000
Pacific Gas & Electric
the Sacan-
on
average annual use of electricity to 1,459 kilo¬
a
substantial increase over previous years.
Instead of the
expected decline after the war, commercial sales of
electricity increased
preferred
$15.15
Unadjusted debits
watts,
After
$15.50
•
881,324
14,064,830
assets
Deferred
I
-
879,392
18,284,279
BALANCE
affiliated
in
investments
Current
•
879,608
equipment property (net)
I--ft
.*
of
22,197,250
ft
^
company's
distribution of
Period End. Mar. 31—ft V
♦
-
•
■
ft..,ft,ft -ft;'ft:
Investments
J
Commission, and
generating capacity in
companies gained mere than 25,000 electric customers in
1946. This, said Mr.
Machold, is equivalent to the number of electric
customers in a city of about 75,000
people. Residence and farm cus¬
increased
10,794,860
3,078,005
22,678,923
redeem the
Pacific Telephone & Telegraph Co.
f
26,320,798
ft
>
4,123,548
18,284,279
$15.54
;'ftft
ftft
'
22,185,002
3,113,299
'
share
com.
'
. -
.
25,756,928
32,979,863
I
ft''
' > ]
22,733,409
income*.
of
and
-
Capital and other reserve fund?.,.,—^—
Miscellaneous physical property (net)--:—*
Power
hydro-electric
System
been
'
"
,
<
adjust,
pfd.
(4%)
div/ approp
Total
rural
The
24,908,875
1,411,923
Sinking funds
$100,000,000—
system plan to spend over $100,000,000 in the
next five years to extend and
improve service to customers, Earle J.
Machold, President, told stockholders at the annual
meeting.
Addi¬
tional
generating stations and transmission facilities, extension
in
7,036,329
25,846,708
GENERAL
the
of
25,943,534
to
.
Plans Expenditures of
Companies
22,767,417
on
Earns,
of
,
8,337,813
-
—
Stock
record
$3.75 per share was also
paid on Feb.
all
from
'..ft
Divs.
the
1943, all payable May 1,
7,732,365
•
used
March 29
on
stock,
21.1A
$1; and Aug.
r
3,894,031 ft 2,989,511
paid on bonds and
mlsceU. deductions
ft
30, 1943, and July
April 19, 1947.
1, last.
Accrued and unpaid dividends on the first
preferred stock 5% series,
after paymei;t of- the dividends
just declared, will amount to $11.25
per share.;
,ti
31,
directors
common
In
49,198,218
51,675,032
*
.
9,466,2}7
21,952,677
sources
v
Common
first preferred stock, 5%
series, for the quarter
ending April 30„ 1947, and two. quarterly dividends on the same class
of stock of $1.25 each for the
quarters ended April
A totai of
32,637,864
ftft
9,638,554
issue were
13 '
Outlet Co., Providence, R. L—$1.25 Dividend—
the
April
income
oper.
Balance
•
dividend
•
65,769,280
Int.
Road
March
69,886,201
income
Niagara Hudson Power Corp.—Declares Dividends—
on
45,939,065
of equipment
ASSETS—
on
operftft 37,380,127
'
84,395,641
25,066,003
Gross
Present capitalization consists of
30,000
cumulative
preferred stock and 112,500 shares of common slock
outstanding. ?
! The preferred stock is convertible at
any time into common stock or.
the basis of one and
one-quarter shares of common for each share of
preferred.—V. 164, p. 831.
'
The directors
$1.25 per share
89,712,834
proceeds of this
and
'
Operating
steel
,-vft
'.A'*
,•
98,924,453
Joint facilities (Cr)
other
equipment; furniture;
and stamping; house¬
toys
•«.'
i
92,333,969
taxes
as cutting various steel
products to sizes to conform to*
orders and specifications.
Its products are sold to a
variety
customers, principally manufacturers and fabricators in the auto¬
motive industry;
automobile
<
'ft
•
129,714,096 144,863,519 159,599,035 150,164,921
expenses
rev.
Net rental
of
radios; stoves;
hold appliances. ■ ...ft.
'*
K ?
Federal, State and local
customers'
refrigerators;
'
.f
■
The
is en¬
products,
(galvanized and
plates
oper.
Net
company, a continuation of a business started in 1922,
in the selling and warehousing of flat rolled steel
gaged
■'
from oper.
rev.
Total
'
viously outstanding 4% and 4'/2% bonds in the amount
lor general corporate purposes.—V. 165, p. 1320.
.
,
'
'
i
($10 par) stock and 30,000 shares ($1
par) common, stock was made April 8 by an underwrit¬
ing group headed by Charles E. Bailey & Co., Detroit,
Mich.
The stock priced at $10 a share for the
preferred
and $6 a share for the common does not constitute
new
financing by the company but represents the sale of
outstanding stock by two individual shareholders.
The
-CONDENSED INCOME ACCOUNT FOR CALENDAR YEARS ft -ftV\ v.. /ft'.ftft ft. 1946
ft:
1945
1944
*
1943
-
'
vertible preferred
(2005)
i
Of this amount, $11,632,000 was
trustee under the company's
trict.
-California
There
was
the
company's
the
•
further
a
close of
stock
deposited temporarily with the
first and refunding mortgage.
the number, of. owners of
substantial gain in
during
1946.
the year, or 5,277 more
Stockholders numbered 138,919 at
than at the end of the preceding
''''V.y '
; • .1r •
•,
,.\v ' /.
A •
•ft
a large
part of this gain arose from the sale to the public of
177,000 shares of Pacific Gas common stock owned by the Standard
Gas & Electric Co., and to the continued distribution of Pacific Gas
common snares.by The North American Co.
in the form of quarterly
year,
'
.'dividends
The
on
North
its
own
American
common
Gas &
stock.
Including, the dividend paid by
cn Jan. 2.
1947. it.s
of the outstanding voting
Co.
reduced to less than 2%
holdings have been
stock of the Pacifio
Electric Co.ft'ftV/;•
14
CONSOLIDATED
Gross
Gas
Oper. Revs.—
£t.
department
and
ry.
bus
Other
807,709
865,547
930,725
1,004,348
Annuities
Total
167,878,536 160,269,447 151,773,236
and
5,366,722
6,156,018
6,842,738
repairs.
138,592,685
5,247,342
Production expenses:
Purchased
and
ccn-
N
Philadelphia
Annuities,
Lives and Granting
Changed Following
Name
—
Other
expenses.
1,706,654
9,436,749
7,069,520
1,401,960
1,448,382
6,902,355
1,379,107
expenses..
Distribution
6,390,536
12,340,813
6,602,439
13,657,692
7,833,966
12,033,443
7,493,206
Transmission
6,440,809
Street ry. and bus dept.
expenses
One of the oldest corporate titles in American banking history dis¬
appeared oil March 31 when this company opened its head and branch
tor business under the new name of the Pennsylvania Company
for
6,130,523
14,404,975
7,585,038
7„ 539,251
17,525,768
-
409,223
...
......
6,999,737
5.331,378
4,739,784
promotion
Prov.
tor
1,940,474
1,489,718
1,309,883
amortization
Taxes,
Admin,
Prov.
and
18,250,269
15,025,383
exps,.
4,597,128
4,645,309
3,950,601
104,800
100,000
13,193,830
14,119,103
240,000
gen.
3,531,378
accounts
Prov,
for
Other
"
revenues
137,7G7
570,432
570,427
694,987
824,551
Net
1,105,916
1,071,990
958,216
1,134,325
Other
damages-
plan exps
Net oper. revenues
income
oper.
67,009,361
64,331,394
319,083
52,706,393
402,423
318,056
55,413,820
388,672
*
53,108,821
67,328,444
64,649,450
55,302,491
9,918,659
Gross income
Jl,528,935
12,462,932
10,810,407
Deductions
fed.
on
mtge.
on
7,079,460
income
22,037,339
to minority
Applic.
22,952,014
25,445,447
int.
deducts.
85,318
Cr21,203
Drl,945
Crl38,773
Cr23,914
$732,016
$591,363
$7,132,877
Net
25,443,109
21,950,606
8,427,353
12,522,548
dividends
12,522,548
$2.72
$2.16
8,409,850
12,522,548
$2.18
Earns,
per
•In
...
dividends
share.
com.
22,345,734
8,409,820
12,522,548
$2.23
22,035,988
8,430,856
income
Preferred
arising in 1943 from loss on sale
erly and in 1944 from bond refunding operation.
profits
excess
CONSOLIDATED
BALANCE
stks.
period._
Property,
income
&
1944
$
$
Investments, subsidiaries
Other security
investments
Other
241,676
5,506
those
Government
Misc.
16,823,382
Total
10,256,163
841,690
and
11,702,196
14,021,724
resulting
7,410,691
6,064,493
charges
14,408,594
12,877,958
12,345,077
964,942,554 919,365,803 894,382,562
inorganic cleaner, designed for maintenance
uses, has been announced by the
purpose
ior numerous other
Peoples Bridge Corp.—Partial Redemption—
There
have
been
collateral
100
at
called
lien
5%
for
next, $11,500 of
to Aug. 1, 1951,
made at the Manufacturers
New York, N. Y.—V. 144, p. 786.
on May 5,
bonds extended
redemption
sinking
fund
Payment
interest.
and
will
be
Co., trustee,
45 Beaver St.,
Peoples Drug Stores, Inc.—March Sales Up 10.1%—
Period End. Mar. 31—
Excess
disct.
Total
Funded
exp.
int.
debt
Matured
T___
premiums
and
min,
received
*
(held
by
debt
meter and
\
•
460.150
1,012,762
interest
for curr.
not
due
and
977,540
29,843,931
29,025,005
232,450,233 204,633,507
182,519,833
8,063,254
pensions
Pes. for insur.,
casualties, etc
of inv.
amort,
312,468
905,561
26,017,536
yrs._
amoortiz
in Std.
Line, Inc.....—
3,130,758
955,808
& prior
Pes. for
Gas
604,862
2,634,759
3,130,747
189,234
160,935
bond
for
784,389
2,594,940
3,133,016
taxes
Deserves
Atlantic
460,150
2,656,310
;
deposits
Accrd.
deprec.
460,150
16,688
16,600
16,160
public)..... 328,742,000 308,528,500 299,758,500
unpaid
408,725
781,950
40,500
8,632,803
5,682,440
5,781,536
,_
line
Aecrd.
for
1,259,953
1,321,852
1,335,989
2,737,219
.
2,475,908
55,484,389
606,401
Earned
surplus
——57,253,868
55,973,020
surplus
627 217
627,217
*£0t,aJc"—
964,942,554 919,365,806 894,382,562
—
i—V. 165, p. 1459; V.
164, p. 2696.
iiew
I
Pere
The
Marquette Ry.—Notes Authorized—
ICC
March
on
authorized
28
the
company
to
issue
at
not
par
further evidence, but not
in payment, of the unpaid portion of the purchase price of certain
equipment to be acquired under a conditional-sale agreement.
The applicant advertised for bids, and sent invitations to 57 bank¬
ing institutions requesting them to submit bids, for the lowest rate
at which they would provide $628,000
of the purchase price of the
locomotives, to be evidenced by the proposed notes.
In response to
exceeding
the
$628,000
bid
notes
promissory
and
solicitation
that
advertisement
favorable
of
to
Corp., Baltimore, Md.—Divs.
new
common
stock.
stockholders of record March
During
£hare
«ne
of
the
of
six
bids
National
The
received.
were
Bank, New
offered to lend the money at an interest rate of 1%%
This bid has been accepted.—V. 165, p. 1872.
was
Petroleum
Net
City
The
p.
Both dividends
rtl S?"
thP
the
April
on
per
annum.
Corp. of America—Asset Value Lower—
value
asset
Robert
the
share
per
shares
875,838
on
to
Exchange
Distribution—
on
April 1 directed that Exchange
on
0fadditional share for each share
B ! CorP°rati<>n 0" April T, 1947 shall
f
distribution
amendment
of
one
held.
'
the
certificate of incorporation was filed by the
1947, pursuant to which each share of comtoon utock, of no par
value, will be changed into two shares of common
«tock, of no par value, by the distribution on April 4, 1947 of one
4Py
on
March- 31,
share to holders of each share of
«t11??
the
A-
annual
meeting
held
March
on
BLlro^SUry stock and reducin8
against
changing
P.
board
record March 31
25
the
the capital of
resolution
the
each
outstanding
has
Series
caused
been
by the
elected
recent
director
a
death
to
the
fill
Albert R.
of
vacancy
Palmer.—V.
.
.
(J. C.)
1732.
common
1947
i.
the
of
stock
available
for
shares
the
possible
future
needs.
of
Hearings
the
from
right
private
to
asked
has
holders
represent
resumed
were
before
members
committee
of
them in
the
Commission
for
the common stock>of
the reorganization pro¬
are
Steel
which
facilities
service.—V.
gas
are
165,
essential to meet
1872.
p.
Corp.—Plans Improvements—
President,
April
on
9
fine
make
to
program
announced a
drawn wire
$1,000,000
and wire
on
accordance
with
the
of
terms
and the banks dated Feb.
credit
a
19,
between
agreement
1947.
the
banking institutions
agree to extend credit to the company in the aggregate amount of
$12,000,000, for the purpose of enabling company to borrow the pro¬
posed $12,000,000 represented by notes, of whichjamount the company
agrees to borrow not less than $2,000,000 on April
1, 1947, and to
borrow a further $2,000,000 for the purpose of paying its 1%% notes
maturing Sept. 3, 1947. The company also agrees to pay on or before
April 1, 1947, a commitment fee of Va of 1% of the difference between
$10,000,000 and the amount of the initial borrowing. It is also pro¬
vided by the terms of the agreement that Potomac Electric shall be
the
by
to
of
terms
of
extensions
credit
the
agreement
within
time
which
make
to
said
borrowings,
1, 1947. and for not more than
periods of throe, months from April 1, 1948,
said banks, in advance for each such extension, a
Va of 1% of the amount of credit to be available
period of six months from April
a
further
paying
consecutive
the
to
commitment
fee
of
wiTa"—;;;;—
165, P. 1459. "
April 8.
Olesuicfci, New York,
1947—Month—1946
The
'yA J':-
Pennroad
that
the
Judge
fix
Bu a^aFds at $2,485,000, plus $12,675 for expenses.
waKKPttiPrtm^B!Be toBe Peni?raad-Pennsylvania RR. litigation which
'JrtvanSt5 Ppnnri 1i
ag0 W1^ *)ayment of $15,000,000 by the Penn000 for fe»s and S72 finfi fB 0t
06 VarL°'JS grcmPs aggregated $4 000,of A nftl
penS5S' The court aIready had fixed A
Side that arrmih? «?,! of the total received.—V. and Pennroad has set
ffofr. fefs and expenses,
Asiae
amount out
n
nnn
f
1109, 1595.
program.—V.
Car
Steel
New
York
Stock
preferred
either
165,
p.
1771.
has
current backlog of orders for freight and in-"
totaling approximately $52,103,000,
Ernest
a
and
cars
with
Co., Inc.—Backlog Higher—
parts
ginning
this
of
Current
year.
of
px-oduciion
company's
the
electric
C.
V.
division
in
ranges.
Hanley
S.
appointed Assistant to the President,
Moran, deceased.—V. 165, p. 1110.
been
has
the late J.
ceeding
J.
Producers Corp. of Nevada,
suc¬
San Antonio, Texas—Files
SEC—
letter of notification with the
offered at $1.50 a share
to be made through Merrill
Lynch, Pierce, Fanner & Beano, Oklahoma City. Proceeds will be used'
to pay debts, acquire additional properties and to develop oil and gas
company
March
on
filed
31
SEC for 100,000 shares ($1 par)
underwriting.
without
Some
a
common to be
sales
are
.porpertics.
Financing—
Public Service Co. of Colo.—Plans
stockholders
The
on
May
20
will
vote
on
proposal to authorize
a
100,000 3hares of new preferred «tock tc be issued under a recapitali¬
zation plan.
The company would offer 62,199 shares in cxchanee for
a
like
amount
of
first preferred
and will sell 97,801 • additional
shares
underwriters.
to
"
The
at
toe
also would
exceeding 3%
corapatjy
issue $40,000,000
30-year first mortgage
and $7,000,000 of convertible debentures
3%. The proceeds of the whole program would
used to redeem the $40,000,800 of first mortgage 3 Vis and $6,400,000
not
at
not
rate
a
above
due in 1949. This would leave approxi¬
for new plant construction.—V. 165, p. 815.
sinking fund debentures
of 4%
$10,000,000
Public Service Co. of Indiana, Inc.—Earnings—
-
Period End. Feb. 28—
Operating
revenues
—
purchased
operation
——
depreciation-local &
Frov.
for
Prov.
1,728,748
235,358
-• -
1947—12 Mos.—1946
1347—2 Mos.—1946
$5,203,366
233,990
$4,679,797 $27,896,915 $26,943,360
148,844
1,346,780
1,414,652
1,306,803
9,554.503
256,820
1,663,650
8.042,305
1.760,637
506,670
486',700
2,950,170
2,816,502
417,989
377,655
2,247,817
2,095,105
for State,
Federal
misc.
Net
taxes__
$2,020,100
$2,100,967 $10,133,994 $10,814,156
$2,020,100
inccme
oper.
$2,100,967 $10,133,994 $11,475,210
661,053
income
oper.
Total
electric
output of this company and its subsidiaries for the
ended April 5, 1947 amounted to 133,913,000
kwh., an increase
6,646,000 kwh., of 5.3%, over the corresponding week of 1948.—
165, p. 1872.
'
•
appliance
home
is at the rate of 150 ranges per day and will be
stepped up as rapidly as the supply of materials permits, he said..
The appliance division was
established in March of last year, and
to date has confined its operations to the
manufacture of "Preste-
111.,
Chicago,
Weekly Output—
of
Fed.
income
income
and
excess
profits taxes:
and surtax—
Normal
Excess
profits taxes-
603,000
2,943,000
607,000
1,346,000
1,685,000
______
chge. for portion
prem. & exp. applic.
long-term debt re¬
Spec.
Philadelphia & Reading Coal Sc Iron Co.—Proxy Fight
new
group of stockholders is soliciting proxies for election
directors at the annual meeting to be held on May 12.
The
'
group,
shares of the
Burrell,
board
of
replace
directors
and
Patrick
Arthur
The
to
the
and
letter
four
director
of
Burrell
Technical
Supply Co.-;
George A. Gaston, Vice-chairman of the
Jackson, lawyer;
^associate director
and
of
which claims to hold and represent approximately 60,000
common
stock, proposes placing on the board George" A.
President
Percival E.
#
165, pp.
other
with
company
.•Net
,
recommended
the
its
repay
Murphy, President, to!d .stockholders at their annual meeting held
on
April 7.
This compares with a backlog of $45,750,000 at the be¬
Other
Exchange on April 8 directed that deliveries
stock, up to and including April 23, 1947, may be
temporary certificates or with permanent certifi¬
cates; that beginning April 24, 1947, only permanent certificates shall
be a delivery.-
V
of
Maintenance
of-3.8%
$56,272,761 $50,159,148 $141,993,872 $124,107,349
for
The
dustrial
Fower
made
to
together
Pressed
1947-3 Mos.—1946
assisting Federal Judge George A. Welsh in arbitrating
lawyer groups and three members of the stockholders'
0.
committee
used
construction
Frederick
Philadelphia Electric Co.—Form of Certificate—
A
the claims
proceeds
mately
Jr., Philadelphia, and William A. McCormack, Jr., Camden,
representing holders of 300 common shares. Nearly 9IVc of company's
common is owned by Standard Gas & Electric Co.—V.
165, p. 1771.
Pennroad Corp.—Fees and Claims Fixed in
Litigation
protective
loans, aside from the $2,000,000 proposed to
outstanding $2,000,000 bank loan notes, will be
treasury funds to finance in part the com¬
pany's 1947 construct'on program and in part to make advances to
its wholly-owned subsidiary. Braddock Light & Power Co., Inc. for its
The
Commission
the
Roman
Peirce,
The
—V*-
•
ior
high speed wire equipment and other plant improve¬
reported under way.—V. 165, p. 1321.
in
bonds
stockholders
three
solicit
to
company
The
bv
author-
involved."
issues
committee
authority
Penney Co.—March Sales Increased 12.19%—-
16
an
New
company
Under
ceedings.
common
of
various
A
,
-Period End. Mar. 31—
"
the
company
week
••
annum,
per
borrow
The
on
165,
has asked the SEC to consolidate hearings on its
simplification plan with the Commission's- proceedings un¬
der
the
Holding Company Act. The
company
said "much of the
evidence and many of the issues are common to the two proceedings."
The company added that such a consolidation would be in the interest
of orderly administration and "will greatly facilitate disposition of
'retiring
corporation
share
262,000
unissued
165, p.
demands
Schwartz,
SEC
to
annum,
.
The
£ two shares of common stock was adopted by a vote of
ai^ .u69 shares asainst. The common stock issued
fher-JZutsta"ding W1P and there 738,000 shares compared with 369,000
then be will
.shares as at present
remain
*—V.
2V4%
additional
construct
A.
are
line"
voluntary
tzJi mifBar!r
but
rate
Electric Power Co.—Loan of $12,000,000—
March 27 issued an order granting company's applica¬
from 20 commercial banking institutions, from time to
time, during a pericd of tv/o years, not to exceed $12,000,000 and to
issue
in
evidence
thereof
its
promissory notes, due April 1,
1952,
with right of prepayment,
bearing interest at the rate of 2% per
tion
zation Hearing—
BAe <*BIfic*fce of incorporation increasing the
fnnn®ommon stock without par value from 750,000 shares to
1.000,000 shares and
teed
ments
Philadelphia Co.—Asks SEC to Consolidate Reorgani¬
opted by a vote ot 238,158 shares for and 72 shares
WaS
of
improvement
specialties.
of
1109.
p.
1
.
Sfcock
Ar,
paid
24.
Penick & Ford, Ltd., Inc.—Ruling
toe>©e ex
were
part of 1946 the company exchanged each old
stock, of which 10.000 shares were outstanding, for
preferred and two shaves of new common stock.—V.
new
1176.
major
most
York, which
corporation's stock
outstanding at March 31, 1947, was $12,038, as against $12.20 at
Dec. 31, 1946,
Net asset value per share on 881,938 shares outstand¬
ing March 31, 1946, was $13.108.—V. 165, p. 578.
New Stock—
latter
common
share of
158,
t
on
recently declared a dividend of $1.50 a share on the
$3. preferred stock of $50 par value covering the period from Oct.
The board also voted a dividend of 37 Vz cents a
the
the
banks of promissory
such
to
sale
at
Portsmouth
With
directors
on
issue and
in
through March 31.
4>nare
to
increased
used
(Chas.) Pfizer & Co., Inc.—New Director Elected—
Pemco
the
interest
Portland
be
City Gas Co. above—V. 151, p. 2808.
Pac.
:
Capital
The
through
f
over
Dividends payable
Pond interest due—
Kes.
three
notes
aggregate of
$2,500,000 as follows: $500,000 on April 15, 1947; $500,000 on June 2,
1947; $750,000 on July 15, 1947; and $750,000 on Sept. 15, 1947. The
notes wil be payable as follows: $500,000 on Oct. 1, 1948: $500,000 on
Oct. 1, 1949; $750,000 on Oct. 1, 1950 and $750,000 on Oct. 1, 1951.
The proceeds of the issue and sale of such
notes will be used by
has asked the SEC for permission to borrow from
The company
banks,
four
Peoples Gas Co. (N. J.)—Merger, Etc., Approved—See
subs, consol
Accounts payable
Drafts outstanding
Cust.
156,533,925
156,533,925 156,533,925
stk.'Aj'
capital
on
in
funded
'Loan—
Portland Gas <£r Coke Co.—Proposed
for
$9,853,331
$3,498,367 $10,938,721
$3,350,163
The companji in March, 1947 had 133 stores in operation, as com¬
pared with 131 in the same month last year.—V. 165, p.J #459.
'
144,620,625 144,620,625 144,620,625
stock
of
1872.
p.
during each such period.
stock
preferred
Common
: Mr.
Berghoff joined the firm in 1924 as Assistant Manager of glass
advertising and promotion.
He served in that position for 10 years
to
his appointment as Director of Public Relations.—V. 165,
entitled
1947—3 Mos.—1946
1947—Month—1946
Sales
V-N LIABILITIES—
First
will
company,
prior
The
,
new
cleaner, designated Pennsalt MC-1, is a dry, granular in¬
material that dissolves quickly in water, removesP-moet types
easily and rinses rapidly. It is not a soap nor is soap necessary
its use.—V. 165, p. 1109.
Trust
Total
general
new
with
11,517,532
12,867,124
tnis
for
Relations
Public
of
company's advertising activities, according
by Harry B. Higgins, President.
all the
of
Potomac
99,881
supplies
deferred
Corp.—Abandonment—
a
1732.
p.
7,326,035
450,595
S.
deposits
Accounts and notes receivable
Materials
13,238,286
15,461,584
(U.
13,344,133
securities)
special
165,
on
Pennsylvania Salt Mfg. Co.—New Product—
A
first
deposits
redemption of debt
non-recurring reduction in income
portions of premiums and expenses
equivalent' to
are
taxes.—V.
2,988,507
Cash on hand, demand deposits and
Temporary cash investments
which
6,156
3,812,325
Director
direction
announcement
an
Elmer
4,434,310
4,420,072
1,740,013
skg.
time
to
3,505,596
$2,124,062
of soil
33,706,790
invests., long-term contr., etc.
fds. and special deposits
Total
for
organic
878,699,648' 851,398,235 833,411,800
886,920
977,303
899,469
equipment
pfd.
to
1,980,000
$5,152,877
applicable
Balance
The
1945
$
plant
4,183,700
company.
194G
ASSETS—
and
•
work but suitable
SHEET, DEC. 31
issued
Okla.
Berghoff,
assume
the
of prop¬
taxes
26
$5,629,658
Net
•Of
Common
67,500
'Special
1,270
1,351
March
on
Ccunty,
burg
22,347,004
1,403
2,338
232,500
67,500
bonds
charge
ehgd. to construe..
Other
22,199,706
445,374
23,069,719
33,847,495
17,744,715
——_
$975,640
232,500
debentures
int.
$11,650,812 $15,219,246
2,7.90,000
3,107,260
1,119,750
810,000
1,202,792
82,332
1,056,708
$1,096,131
income
Gross
Dividends
Net
83,256
96,524
4,593
4,615
and
extensive
certificate permitting abandonment,
of its entire
line
of
railroad
extending from McAlester to Hartshorne, approxi¬
mately 18.44 miles, and 4.65 miles of sidings or other tracks, in Pitts¬
1,723,675
1,728,675
$971,047 $11,544,283 815,135,990
$1,031,516
(net)
Int.
Int.
income
f taxes
•Reductions
pit.
revenues.—
income
Int.
for
144,056
—
electric
adjustments—
ICC
hearing
Misc.
Prov.
257,936
144,056
—
of
acquis,
147,205
289,034
taxes
taxes
30,621,613
28,*51,664.
5,528,131
2,030,980
1,609,690,
1,467,630
3,165,545
3,030,314
2,540,923
469,133
Chairman
the
interstate and foreign commerce, by the corporation
to
Guy
$4,530,300 $54,278,017 $51,895,253
2,713,909
562,932
that
Pittsburg County Railway
The
as
1947—12 Mos.—1946
194.7—Month—1946
$4,939,274
—
expenses
Depreciation
240,000
Phillips,
Pittsburgh Plate Glass Co.—Advertising Executive—
in¬
and
ins,
juries and
Pension
—.
of
Period End. Feb. 28—
Operating
Operating
Amortiz.
for doubtful notes
and
transfer
Federal
Fed.
income....
on
19,268,994
20,573,870
20,920,853
26,518,734
______
than
other
taxes
and
and Trusts.
for the first time as branch offices of the newly named
the four banking offices of the Germantown 2 rust Co.
Pennsylvania Power & Light Co.—Earnings—
1,254,384
depree.
are
control, whicn became- effective 011 March 29, is the
result of a merger of the two financial institutions which was approved
by the stockholders of both organizations at special meetings on Marcn
8.—V. 155, p. 365.
This
4,431,195
exps.—
expenses
Sales
Banking
Rubber-
K. S. Adams, President, on April 1
synthetic rubber activities of the com¬
pany had culminated in a greatly improved butadiene-styrene synthetic
rubber which, according to laboratory tests, appears to be equivalent to
natural rubber in many important properties.
—V. 165, p. 1459.
Frank
Also opened
company
Customers' accounting &
";*■ coll.
Phillips Petroleum Co.—Improves Synthetic
announced
omces
signed power
Nat. gas purchased..
group is convinced the interests of the stockholders can best be
by a board of directors nominated by the stockholders them¬
selves.—V. 165, p. 341.
the
on
Merger—
Maint.
It adds that
recognize the need of adequate stockholder relations.
to
served
j
Pennsylvania Co. for Insurances
■
726,479
dept....
Pennsylvania Co. for Insurances on Lives and Granting
helow.
97,429,110
39,629,387
107,662,690
43,304,999
46,663,126
See
S
3
S
$
48,606,996
1943
1944
1945
118,267.192 112,676,585
■—
department
Pennsylvania Co. for Banking & Trusts—Successor—
FOR CALENDAR YEARS
STATEMENT
INCOME
3 946
Electric
Monday, April 14, 1947
THE COMMERCIAL & FINANCIAL CHRONICLE
(2006)
of
of
H.
Ashland
research
Burke,
Oil
for
John
&
J.
Refining Co.,
and Vergin D. Reed,
Walter Thompson Co.
P.
Reighard,
Nicholas
They would
G.
Roosevelt
Littleton.
of
board's
the
group
being
sent
to
stockholders
claims that
due
present personnel the stockholders have not properly
adequately shared in dividends and that there has been a failure
v.
of
to
$1,412,100
160,339
$1,433,967
11,718
$7,190,994
371,569
$5,944,210
$1,445,685
$7,562,563
$6,031,750
and other -deducts.-
$1,572,440
365,439
income———
$1,207,000
$1,075,696
Other
Net
income
•Before
gas.
income-
income
Gross
Int.
2,500,000
1945
in
funded
Net oper.
-
2,249,638
2,380,311
$5,312,924
$3,651,438
for Federal Income and excess profits taxes of
properties for periods prior to dates of sale in 1945.
provision
w>ter and ice
369,988
87,540
Volume 165
Number 4585:
THE COMMERCIAL' & FINANCIAL CHRONICLE
Public Service Co. of New Hampshire—Bank Loan—
;
The
one
has
company
or
1947,
more
amount
an
asxed
banks,
the
SEC
lor
permission
during the period from April
not
to
to
Month of
31,
Dec.
than
nine
months.
The
issuance
of
such
notes
for
is
Other
Operating
purpose
of financing the company's construction
program
prior to
time
when funds will
be
available from
permanent financing.
Company states that it has been informed by The First National Bank
of Boston that it will loan the
company the additional funds re¬
quired at the rate of iy2% per annum.—V.
165, p. 1772.
/v
Interest
Allocations of
*
of
Public
dividend
new
Service
Electric
securities
common
of
V
Co.
lias
in
excnange
preferred
lor
Three
Total
and
its
to
rail
Net
will
shares
Ended
dividends.
It
the
securities
new
for
For
Public Service Corp. is as follows:
share of 8% preferred, 4.5 shares of
f
each
each
For
and
share
v-r.v;;
7% preferred,
of
3.9
shares
dividend
preference
dividend
of
preference
share
of
7%
share
of
$5
each
a
_
For"each
preferred,.3.9
of
dividend
preference
shares
South
3.1
of
dividend
preference
Jersey
City
&
Gas
Co.
Gas
♦Atlantic
Gas,
Co.
The
and
latter
company
stock
share
one
represents
of
new
stock
common
Peoples Gas Co., which
of
merger
of
approved
indebtedness
of
County Gas Co.,
otherwise disposed of.
of the parent, will be sold
The dividend preference
or
holder
common
into
share
one
is
common
of
convertible
another
at
the
option of
collateral
Per
4%
Per
subsidiary
common
—V.
the
165,
of Charles
the plan;
in
Gas
equal face amount.
from the original plan.
The
to
amended
Public
plan
Service
stock
common
provides
Coordinated
with
that
separate
a
of
remainder
will
this
of
account.
will
be
be
Corp. will donate
subsidiary, all the latter's
a
$33,216„720.
On
charged
amortized
the
at
the
rate
charges to income deductions,
plus, as the company may elect.
Public
capital
erties
Service
at
of
date
capital
earned
of
the
surplus
..capital
least
$500,000
surplus,
eliminating
165, p. 815.
company
to
possible
position
account,
and
The
The
fixed
prop¬
reasons
it
is
to arrange companies in exact
However, they are always as near
as possible.
o'clock
12
first
on
April
and
and interest.
par
noon
Railway
Purchases will be
maae
of April
as
17,
Electric
tion
for
output
compared
with
increase
an
of
Net
Period End. Jan. 31—
revenues
$2,801,619
April 7 filed
on
($2.50 par)
a
236,820
Depreciation
April 8 filed
(par. $5) 8%
on
Other
143,279
1,774,154
247,000
2,378,000
elected
320,802
293,556
3,503,891
oper.
inc.
$717,130
$7,616,307
2,570
430
81,107
$3,576,418
85,648
$535,164
$717,560
$7,535,200
$6,490,770
188,272
190,520
2,263,028
in
3,264,458
$537,734
revenues
deducts.,
Balance
Int.
and
_
2,316,117
net
__
amortization-
Balance
$446,892
—
$527,040
$5,272,172
deficit
Balance
directors
an
application
as
chief
with
executive
elected
Both have
Secretary
has
165,
officer,
as
been
and
$3,487,153
p.
of
Net
merchandise
p.
1596.
43
at
Square,
associated
with
sales,
has
been
the
appointed
England.—V.
joined
been
RCA
ary, 1946, after serving
Appeals and as Special
Forrestal
when Mr.
elected
Vice-President
Communications
as
Chairman
Counsel
Forrestal
was
to
as
of
General
the
Navy
and
General
Counsel
Board
of
Secretary of the Navy
Under Secretary.—V. 165,
p.
-
W.
W.
-
1947—2 Mos;—1946
1947—Month—1946
$151,710,686 $128,600,901 $266,305,885 $223,662,045
two-month period are the highest
1947 and for the
,
Corp.,
V.
165,
P.
1110.
Shawlnigan Water & Power Co.^-Refunding Approved
The
Provincial Electricity Board at Montreal, Canada, has
company to issue $13,806,500 of 3V4% first mortgage
sinking fund bonds, series O, the proceeds to be
redeem a similar amount of 4%
series G bonds now out-
Quebec
authorized
General
this
collateral
and
Sales
used
to
trust
•r
of
income
and
expense
the public at
8,472
131,169
$6,124,681
4,731,543
570,221
88,730
97,077
74,218
13,784
207,627
taxes
$217,495
72,609
$341,482
145,218
2,808,928
306,414
44,606
51,626
37,152
6,958
-
—
on
income—estimated
—
BALANCE SHEET,
FEB.
28,
V.
■'
1596. '
'
LIABILITIES—Notes payable to banks,
$700,000;
states
the
new
i
offered
•
for sale
.All
'
-
Calls Bonds—
fund
They will be dated April
104.37.
104,/>>.%.'
of
price
>
r.
first mortgage and collateral trust sinking
bonds, scries G, due June 1, 1969, have been called
May 12, 1947, at 104% and interest.
Payment
made at The Royal Bank of Canada in Montreal or Toronto,
cf
the
outstanding
30-year 4%
redemption
will
$6,116,209
$3,604,348
Dominion
'•}'* *~\'
* :
bonds shall be
m
order
1, 1947, and mature
April 1, 1972, and will be redeemable at prices ranging from 106y2 "
redeemed on or before April 1, 1950, to par at maturity.
The series G bonds are
to be redeemed on or about May 10 at
to
be
on
Canada.—V.. 165, p. 1773.
941
goods sold
■*
.
Board's
The
,
6 Mos.
1947
$1,490,342; inventories (as shown by book control accounts), $3,676,547; investments and other assets, $143,113; property;, plant and equip•ment (net), $1,786,508; deferred taxes, prepaid
insurance, etc., $39,574;
total, $8,019,755.
Febru¬
Watts, Vice-President in charge of the engineering products
Victor Division, has been elected to the board of
directors.—V. 165, p. 1596.
K:
: v.;T:
department,. RCA
at the, company's offic®
was held
Carnegie-Illinois Steel Corp., a subsidiary of the United. States
on April 8 announced that Sharon Steel Corp. has been
to
manufacture "Cor-Ten,"
well-known corrosion-resisting,
high-strength, low-alloy steel, developed by Carnegie-Illinois.
Prior
to
1944, "Cor-Ten" was produced solely
by subsidiaries of
the
United
States Steel Corp.
Since then, an imposing group of
producers including Lukens Steel Co., Republic Steel Corp., Crucible
Steel
Co.
of America, Colvilles Limited
(Glasgow, Scotland), United
Steel
Co., Ltd. (Sheffield, England), and recently Inland Steel Co.,
have been licensed by Carnegie-Illinois to manufacture "Cor-Ten."—
for a
ASSETS—Cash, $883,611; trade notes and accounts receivable (net),
(
;
Corp. of America—New Director—
meeting
The
company
accounts payable,
^$708,044;;
Radiomarine
:
"
was
$3,603,407'
Net profit
,Preferred dividends
Contract
James
profits tax.—V. 165*
Schiff,
Albert
———
Steel
the board
company
3 Mos.
•
—
Fed.
Attor¬
in
tDeficit.
unpaid,
bonds,
excess
Sliaron Steel Corp.—To Manufacture "Cor-Ten"—
group of
Income
Interest
165,
Communications, Inc.—New Vice-President—
has
McDaniel
He
outstanding
record, the company announced!—V. 165, p. 1499.
on
due
sales
Total
Cost
'
RCA
Glen
on
66,860
$169,683
.
Sales for March,
a
a
CONSOLIDATED
ney.
$295,739
$102,823
Sears, Roebuck & Co.—March Sales Increased 18%—'
254.
Selling, administrative and general expenses-—
Taxes, except taxes on income shown below—
Repairs and, maintenance—
Provision for depreciation—
Manager-
London,
$85,465
accrued
Per. End. Mar; 31—
standing.
„—
Berkeley
$139,750
t
>
Louis Southwestern Ry.—-Hearing May 9—
Schiff,
Sales
Felton, for many years a Vice-President of the com¬
been appointed Assistant to the Chairman of the board.—
debentures
Other
«
Appointment of Vice-Admiral William A, Glassford, U. S. N. (Ret.),
European Manager for activities of this corporation in the United
Kingdom and on the Continent of Europe was announced oh April 4
by Brigadier General David Sarnoff, President of RCA.
His head¬
be
66,889
..
C.
privately to
as
will
t$228,850
33,426
'
Robbins & Myers, Inc. (& Subs.)—Earnings—
recently declared a dividend of 10 cents per share on
stock, payable April 10 to holders of record April 2. A like
amount was paid on Jan. 10, last. In 1946,
only one dividend, of 15
cents per share, was paid on Nov. 1.—V.
164, p. 2325.
of America—European
t $52,039
directors; Roberts
Edward E. Schiff, Jack Schiff, Herman R.
Tingley, of Columbus, Ohio; F. G. Steiner, of Wertheim & Co„ Nevr
York City, and Dr. L. A. Lurfes, of Cincinnati, Ohio.
;
The officers of the corporation
are as follows: Robert W. Schiff,
President and Treasurer! Albert Schiff, Jack. Schiff, William Schiff,
Oscar Musinsky, Abe Jacobson, Jule Mark, Simon Alfond and Herbert H„
Schiff, Vice-Presidents; F. G. Steiner, Chairman of Financial Advisory
Committee; Edward E. Schiff, Secretary and Assistant Treasurer, and
Herman R. Tingley, Assistant Secretary.—V. 164, p. 2734,
W.
spokesman for
McCormick
E.
A.
directors
quarters
t$106,284
33,466
in Columbus, Ohio, on March ;28,*1947.
The following were elected members of the board of
thfJ
subsidiary of United-Rexall Drug Inc. in Dec., 1946
insurance companies $4,200,000 3% sinking
1965.
Proceeds were to be used to provide addi¬
tional working capital, etc.
A serial bank loan of $1,800,000, due to
1954, was also obtained.—V. 164, p. 2963.
common
Corp.
1.398
The annual shareholders'
SEC covering
\,L
the
McCormick since its organization in 1928.
Macfie, for many years a Vice-President of the
The company,
sold
Purolator Products, Inc.—Pays 10-Cent Dividend—
Radio
9,608
judge George H. Moore, of the U. S. District Court at St. Louis has
from March 28 to May 9 the hearing on a petition to have re¬
organization proceedings of the road remanded to the Interstate Com¬
merce Commission for a study of the its valuation.
The petition was
fiied by Carl Rosenberger of New Fork, a holder of bonds and stock of
the company.—V. 165, p. 1909,
Rexall-Drug Co.—Debentures Sold Privately—
165, p. 1872.
The
$111,033"
8,201
CT275
,
reset
Mr.
A.
Period End. Feb. 28,1947—
the
$237,326
4,059'
3,152
■
a
said.
was
Treasurer.
charge
pany,
687,500
$4,584,672
—
14,495
,513
-
for
—V.
53,048
of the company.
Cornelius
$4,174,653
687,500
preference dividends paid
$55,585
'
t
Manager.
fund
Prior
continue
Aspinwall
Charles
V.
Net
Other
Cr6,407
.
38
$109,398
-
f
Copper & Brass Inc.—Changes in Personnel—
of
long time,
.
4,173,970
taxes
...f| $49,897
.76,642
44,517
Cr4,070
NOTE—Company not subject to Federal
p. 1908.
—
Russell has been a director and Treasurer of the company since
organization in 1928 and also for many^ycars Secretary and Vice-
Breck
1,643,361
165,000
income
on
$120,237
<
delivered
Dallas will
President
1947—12 Mos.—1S46
154,482
taxes
Federal
$793,346
843,243
;*
10,791
Cr3,836
Cr2,214
fr. inc.
deducts,
•Includes interest
of notification with the SEC
to be sold at market on behalf
Tucker, Anthony & Co., is brokei
letter
common
Vice-President.
164, p. 2962.
Mr.
its
$2,559,754 $30,234,833 $28,746,848
994,625
12,726,980
11,117,105
164,164
2,295,504
1,971,536
1,283,781
Maintenance
v
(net) —
*Fixed charges.——
cash
be
board
the
1872.
1947—Month—1946
___
1,017,225
26.78''
be paid in
to
to
Mr.
Puget Sound Power & Light Co. (& Subs.)—Earnings
Operating
Operation
25,659
income
Miscell.
With
Mass.- -Files
Worcester,
Donald Dallas, President, has been elected Chairman of
and James J, Russell has been elected President.
C.
operating companies served by this corpora¬
April 5, 1947, totaled 220,120,000 kwh., as
184,808,000 kwh. for the corresponding week last year;
p.
1947-^-2 Mos.—1946
$896,988
$22,971-
37,936
26,910
railway oper. loss
Other
of directors
the
165,
$46,766
.*
oper.
(Dr)_
^
•
licensed
ended
19.1%.—V.
(net)
facility
Joint
1947—V. 161,
Engineering & Service Corp.—Output-
of
week
the
expenses-
proposes to
Revere
Public Utility
oper.
$378,356
401,327...
'
1548.
p.
(
'
v,
Accounts)
and Trustees'
$436,394
483,160
Railway tax accruals—
shares of Pennsylvania common stock together
adjustments to the date of closing. The number1 of
to Republic is to be determined by the average
of the closing merket prices of
the Pennsylvania common stock on
the
New
York Stock Exchange for a certain' designated
three days
preceding the date of closing.
Republic proposes to arrange for the sale of all the shares of the
Pennsylvania comifion stock at or about the time said shares are
acquired.
Republic would deposit all the shares of Pennsylvania's
common stock so acquired from the proposed sale or any cash proceeds
it receives from the sale oi said Pennsylvania common stock with the
indenture
trustee, as part of the trust property in accordance with
the indenture securing an issue of collateral trust bonds of Republic.
A hearing on the application has been set for April 15 by the SEC.
—V. 165, p. 1234.
alwayB
alphabetical
alphabetical
Fidelity Union Trust Co..
until
it of
Corp.,
proposed
certain
shares
not
trustee, 755 Broad St., Newark, N. J.,
15, 1947, receive bids for the sale
refunding mortgage bonds. 4%. 5%, 5%% and 6%
series all due Jan.
1, 1990, to an amount suliicient to exhaust the
sum of $560,000 held
in the purchase fund, at prices not .to exceed
will
revenues-
Net- loss from ry.
term,
164, p. 732.
1947—Month—1946
oper.
Equip, rents
short
mortgage
$70,804;
accounts,
V Period Ehd. Feb. 28—
transactions.
.
sell and Pennsylvania Power & Light CO. pro¬
poses to acquire all of the outstanding securities presently * owned by
Republic 6f three of "its subsidiary companies, namely Mauch Chunk
Heat, Power &'Electric Light Co., Renovo Edison Light,
Heat &
Power Co.,
and Renovo Heating Co., for the basic consideration of
.
mechanical
"
Income avail, for fxd.
company/has filed
Republic
against
$79,744,
'-V'
1947
$35,069;
contingency
reserve,
$5,111;
mortgage,
stock, $201,041; capital surplus, $326,606; earned
common
Railway
157.10
<•
FEB.'28,
AT
AS
Rutland RR. Co.—Income Statement—
$2,601.87
._—
$50 Par—
13,109
Schiff Co.—Officers & Directors—
following
that
32,77.'J
and new accounts to be opened.
present
year
Public Service Coordinated Transport—Tenders—
to
and
(Includes Corporate
I—
bond-
$456,946
———
—
surplus, $38,819;'total, $1,059,180.—V.
total,
Republic Service Corp.—To Sell Subsidiaries—
with
order.
$51,133;
securities
S. Payson,
sale.—V.
the
$674,590
NOTE—For
maturity),
quotations,
letter of notification with the SE<3
for
10.000
shares
non-cumulative preferred stock and
25,000 (par $1) common shares to be offered at $21 per unit of 4
•shares of preferred and 1 share common without underwriting.
Pro¬
ceeds will be used for the purchase of textile merchandise for resale
against
thus
market
Reed-Tappen Co., East Orange, N. J<—Files With SEC
capital sur¬
or
Coordinated
surplus.—V.
(at
plan,
a
Transport also
will restate
its
to eliminate intangibles affecting its street car
the amount of $33,296,464 by a charge of $33,216,720
surplus,
earned
ZV\%
'
-
accruals,
$301,730;
Net
The company
and -the
account
in
$80,000;
$48,589;
St.
This amount will
effective
against
"through
"
bonds,
on
Service
ing assets of Public Service, will be transferred to Electric & Gas.
Electric & Gas plans to restate its gas
utility plant and classify
.$30,000,000
trust
•<
$19,663
'
'
for
conv.
5,000 shares
for
Public
value
The
be credited by Transport to capital surplus.
The charter of Public Service Coordinated
Transport will be amended
to reclassify its 487,479 preferred shares, all owned
by Public Service
Corp., into a like number of common shares which, along with remain¬
$44,744,602 in
to
'
taxes.
LIABILITIES—Notes
SEC—
This treatment is unchanged
Transport,
stated
a
period
•' "
Reed-Prentice
during
&
Federal
for
for
of
bonds
'■
1947
——^——————————.-—.-..--4:
before Federal taxes
for
$1,059,180.
1460.'
p.
of Electric
date
%-share
into
the
preferred share,
share ——44*.*
cum.
the first three years following
into %-share during the next three years;
the following three years and into %-share in
the next three years, after which the conversion
privilege expires.
Outstanding 6%
perpetual
interest-bearing certificates of Public
Service Corp. will be exchanged for unsecured
50-year 6% debentures
effective
over
$12,424;
$192,310
126,63a
,,
BALANCE SHEET
dividends
par),
bv
a
was
sold,
ratably
*
'
Per
and
$0.48
1947
$165,695;
receivable
'
ASSETS—Cash, $51,159; notes and accounts, $129,122; Federal tax
$55,500; inventories, $256,902; plant and equipment, $554,999;
prepaid assets,
$7,258;
deferred
assets,
$4,239;. goodwill, $1; total.
preferred stock ($50 par); $2,039,250; common stock
$1,631,400;
capital
surplus,
$515,047;
earned
surplus,0859,543; total, $9,147,295.
\
Based upon market, quotations as of March 31, 1947, this company
reports net asset coverage of its outstanding securities as follows:
the SEC April 7.
The
securities
$145,270
92,985
credit,
convertible
<$10
Corp. common,
one-tenth share of
and
interest
accrued
31,
deposits,
60,558
.
$4,482,853;
stocks
(at
market
quotations,
$o;859,650),
unamortized discount and expense on collateral trust bonds
tive
^
Electric
banks—demand
$93,435
45,741
Net profit
.
purchased, $6,069;
interest
accrued on collateral trust bonds, $21,667; balance- of 1946 Federal
income tax on undistributed net gain from sales of securities, $67,733!
other tax: liability,
$1,815; accrued expenses, $4,770; collateral trust
3V*% bonds, twelfth series, due Dec. 1, 1955, $4,000,000; 4% cumula¬
.
shares
share"of~Public Service
of
common
preferred,
$8,560;
$0.42
——
JAN.
$71,250
206,000
j,
sales
Provision
24,471
-
for
$9,147,295. '
common.
For
in
LIABILITIES-^-Payable
-
each
32,628
AT
882,443
205,774
1 eo*
1,581
OPERATING RESULTS FOR QUARTER ENDED FEB. 28,
■
•
(being amortized
common.
--For
$110,683
31,704
20,392
dividends
$4,377,841;
com¬
1460.
p.
profit
,;'v 33,947
$88,782
AS
1,045,730
102,0161
"
19,523
33,947
SHEET
435,701
102,967
Operating income
charges
165,
Net
.
18,241
share——
$1,280,521
after
Net
1946
C $164,153
receivables
•
common.
[
1947
dividendsi
common
$1,397,000
$695,221
Rudy Furnace Co., Dowagiac, Mich.—Earnings—
$140,971
income
per
$631,152
521,004
:*
165,
$-±,b44,8/x),
outstanding preferred
mon stocks of
-
31—
amortization
and
receivaoie,.
by the public will be cancelled.
of
privileges.—V.
.
ASSETS—Cash
originally
was
Jan.
:/'7'rvV BALANCE
proposed that this stock either be redeemed or converted into another
The $5 and 7% preferred stocks of Electric & Gas
Allocation
carriers—express
_—
Common
class of preferred.
not held
Net
—v.
,
Preferred
by the public will
accrued
9,19§
•
$8,169,698
$9,525,298
"
Months
Earned
both without par value;
Of the latter, 5,693,778
be reserved for conversion of the senior common.
Present $5 preferred stock of Electric & Gas held
share and
other
income
•shares,
a
and
$1,398,676
1,676
$1,282,108
788
'
5,816
'V-,-.
revenue.
$631,940
842
109,444
.
Interest
?
at $110
1,624,568
105,869
___
—_-.4:—
Expenses
redeemed
1,957,447
$696,063
rev.„
Operating revenues.
Operating
expensesOperating taxes——
fret
parent, Public Service Corp. of New Jersey,
were announced April 7 in an amendment to
the corporation's plan of
dissolution on file with (he Securities and
Exchange Commission.
«;
Share capitalization of Public Service Electric &
Gas, the surviving
company, will consist of 5,693,778 shares of $1.40 cumulative dividend
preference common, with convertible privileges, and 11,196,971 common
be
J—
debt
oper.
1947—2 Mos.—1946
,1947—Month—1946
revenues—
Uncollectible
Railway & Light Securities Co,—Earnings—
preference common and common? stocks
&
454,212
■>
23,868,753 i : 25,480,792
funded
on
transportation
P. 1596.1
/
.
Operating
$35,463,183 $35,393,700
—
4■?;av;
discount
•Payments
.
Public Service Corp. of N. J.—Amends Dissolution
Plan—Proposes New Allocations for Exchange of Sub¬
;
and
•Rail
^
515,382
—
expenses
Other deductions
Period End. Feb. 28—
$34,947,801 $34,939,488
——
n
Rochester Telephone Corp.—Earnings—
„
1946
1947
•
income—
Express j;- taxes:
the
sidiary's Present Shares—
and
revenues
(& Subs.)—Earnings—
u
Total revenues and income
stated
the
January—
for transportation
Charges
in
excess
of $4,400,000
(including $1,200,000
presently outstanding short term obligations), and to issue from time
to time in evidence thereof its
promissory notes with a maturity of not
more
Railway Express Agency, Inc.
v
from
Borrow
1947,
1,
;(2oo7)'
accrued taxes, etc., $31,057; Federal and Dominion taxes on
,income—current and prior years—estimated, $435,640; reserves for con-
tingencies, $200,000; capital stock—$1.50 preferred stock (100,920 shares
'including 4,110 shares held in treasury), $2,649,150; common stook
Ussued 149,355 shares Including 1,650 shares held in treasury), $149,'355; earned surplus, $3,146,510; total, $8,019,755.—V. 157, p. 997.
Soss
.
Manufacturing
-Withdrawn—
The
—
statement
(No.
6719)
40,000 shares ($25 par) 5%
April 2.—V. 164, p. 2963.
and
covering
was
withdrawn
1
with the SEC Sept. 3
cumulative preferred stock,
.**. "" • '
filed
.
South Carolina Power Cd.—Tb Borrow
The
parent
company
Statement
Registration
;
-
registration
Co.
proposes
Commonwealth
&
..
.
$1,000,000—?
to borrow not exceeding $1,000,000 from its
Southern Corp. and to Issue to Common¬
note or notes maturing nine months
date of the initial loan and bearing interest at the rate of
wealth
a
promissory
In connection with such
proposal, the filing with the SEC
•South Carolina expects to spend
1948
and
obtain
1949
funds
from th»
iy2% per
states that
approximately $9,300,000 during I94'.
construction of property additions.
It expects to
the permanent financing of such construction pro¬
for
for
from the proceeds of the sale of 200,000 shares of common stocJc
principal amount of bonds. A declara¬
tion with respect to the issue and sale of the 200,000 shares of common
stock was filed with the Commission on March 21, 1947 and South.
Carolina states that it will file appropriate amendments to such dec¬
laration so as to include therein the proposed issue and sale of the
bonds.
South Carolina estimates that it will require approximately*
gram
'and of not exceeding $4,000,000
$1,000,000 in the aggregate before July 1, 1947 of which amount,
approximately $400,000 will be required promptly. The company states*
that it will not be possible to complete the proposed sale of common,
stock
and bonds before South Carolina will require some or all ot
16
the
loan will be paid in lull out
Gross
revenue
Operating
Prov.
for
expenses
—
depreciation—
of pit. acquis,
Amortiz.
adjustments
$7,957,359
4,561,662
509,960
4,627,108
190,200
190,200
797,587
3
and
Federal income
$158,706
30,537
$1,263,006
$980,191
30,087
364,574
370,057
Cr2,050
500
Cr3,104
21,961
$116,757
$127,668
$901,535
$588,172
'
Gross
Int.
income
$144,794
—
long-term debt-
on
Other deductions
Net
■'
i—V.
income
this company for the week ended
kwh., as compared with 2,085,000
corresponding week last'year, an increase of 9,1%
output of
2,275,000
Dividend—
Declares Larger
State
April 5, 1947,
kwh. for the
» "74.
:
The
stock,
of
revenue
Operating
expenses
65,581
7,200
7,200
265,620
'
depreciation,
for
Prov.
—
j&mortiz. of pit. acquis,
adjustments
86,400
1
\
159,001
$188,031
21,037
147
long-term debt-
on
andcxpense—
deductions
Other
Divs.
.
1,772
519
6,568
24,046
.
$166,327
pfd. stock.
on.
34^58
34,368
$5
par
common
3.
May
cents on Dec. 28.—V.
25
Balance
—
$410,743
$2,892,436
$2,798,599
175,838
1,648,541
9,481
revenues
$442,231
215,598
Operating
Operation
5,892
100,789
1,551,284
94,533
Maintenance
Southern Pacific Co.—Transportation System
Gnclud. separately operated solely controlled affiliated companies)
oper.
1047—2 Mos.—1946
15,804
15,741
16,091
183,042
78,000
304,800
exps._
Pad.
taxes..
retirement
State; '■ county
and
665,204
1,094,766
Miscellaneous
taxes
21
1
2,484,830
).
1,358,613
104,816
Net ry. oper. income.
Other? income
Net
2,669,088
21
—V.
2,559,462
250,978
deducts..
funded
on
$5,085,290
46,586
$7,675,688
1,530,723
68,446
$580,595
$649,645
$129,335
18,727
19,126
$9,206,411
97,514
209,633
215,117^
income
$370,962
$434,528
$110,209
$102,782
165, p. 1636.
oper.
oper.
Total
109,575
$1,694,403
1,458,346
$3,656,202
3,494,451
$236,057
$161,751
$498,195
revs._
207,896
208,234
.
407,140
411,985
and
notes..?
charges
conting.
charges-
Net
income
of
S.
1,549,534
75,807
■
1,765,125
Total
3,507,025
46,468
3,099,312
22,428
.,
,306,267
,
,
Total
$91,055
P.
Total
$3,413,363
Transport. System.
solely con¬
$1,437,570
trolled
affiliated
Uonsol.
.
net
certain
te
S.
bonds
income
cos.
24,293
220,304
Cr433,297
174,805
349,611
P.
$3,563,875
RR.
solely
P.
of
Co.
$1,392,072
8,055
$31,885
*$241,537
X $99,110
—
182,022
171,434
364,403
342,824
$369,594
$139,548
$605,940
$243,714
f
Mexico.
controlled
Walter
tRepresenting interest on
companies not credited
165, p.
1774.
1947—Month—1946
Haas, President
A.
directors.—V.
of
Transit
1947—2 Mos.—1946
of Levi Strauss
& Co.,
Net
after
165,
income
$2,176,031
$2,165,829
$4,059,640
1,915,842
1,958,421
3,523,669
charges..
Investment
Corp., Philadelphia—Files Disso¬
Philadelphia
Building in Philadelphia, with
$4,667,230
4,255,551
preferred
Under
P.T.C.
Spiegel, Inc.—March Sales Increased 24.39%—
Period End. Mar. 31—
—V.
1947—Month—1946
sales.--— $11,916,955
1903. •
>
', ~
165, p.
the
preferred
plan,
for
common
proceeds
would
each
holders
three
the
from
distributed
be
Transportation Co.,
and the
Mitten
an estimated value of $1,750,000.
of
shares
sale
to
would
of
preferred
receive
one
preferred
Transit
securities
of
and
holders.
the
There
Mitten
is
no
share of
held.
All
Building
provision
under
the plan for any payment to common stockholders.
hearing before the court on the dissolution plan is scheduled for
May 21.
1947—3 Mos.—1946
A
$9,580,175 $27,310,204 $20,065,858
,
r
Tucker Corp.,
Springfield Gas Light Co.—-Registrar Appointed—
Col.
*■
The -old Colony Trust Co.,- Boston)
Mass., has been appointed regis*
trar of an issue of $200,000 five-year 3%
notes due April 1. 1952 —
V. 165, p. 1236.
*
*
Harry
with offices
Chicago, 111.—Chairman Named—
President,
Standard Gas & Electric Co.—To Extend Bank Loans—
Toulmin, Jr., attorney, executive, and engineer
Dayton,. Cincinnati, Springfield, Ohio, and Washington,
announced.
President
.Col. Toulmin is
„' ./.•/,.
corporations..;
He -is
-
Aubrey
in
has been elected Chairman cf the board of
:other
\
andr
directors, Preston T. Tucker,
an
Chairman
of
officer
board
or
director of seven
of" Hydraulic
The SEC on April 4 issued an order with respect to the following
proposed transaction:
Standard proposes, with the consent of the holders of its outstand¬
and
as
mature,
The amount
1947
April; 10,
the
$8,931,263,
application thereto
States
Power
its
bank loan
March
on
17,
shares
140,614
1947
of
Mr.
common
stock
of
to. May
oat
Moun¬
Co.
10, 1947, by a payment in the approximate amount of $800,000
its
net income
lor
the quarter annual
fiscal period
ended
of
March
31,
1947.
the opinion
The
declaration
further
states
that
Standard
is
of
that the net proceeds of the proposed sale of the shares of
stock of The California Oregon Power Co. now held
by Stand¬
and which Standard proposes to sell pursuant to the
competitive
common
ard
-bidding requirements
of
the
the tictes
bow
will
due
on
remainder of the notes
1949.—V.
165,
p.
1635.
be sufficient
April
1ft,
to
1947
pay
and
the remaining balance
to reduce substantially
which, by their terms,
.
are
due
on
Controller
had
nally made on April
-
been
'
of
Empire
Investment
Development Corp.
also
to
announced
Cadillac
for
head
13
the
years
the
Corp.;
-
Business
Corners,
Inc.;
:
appointment of
James D. .Stearns
financial
on
the
executives, Martin Breitenbach and Thomas W. Kimen become
Budget Director and Assistant
;
Controller, respectively.
"Out program is designed to give the Tucker customer more auto¬
mobile for his money than ever before, by controlling in advance not
only the cost of labor, material and parts, but of every operation
that sets the retail price of the automobile," Stearns said.
setting up operations in any department, he said, costs are
as closely as possible, and the operations are checked
periodically thereafter to find where economies can be effected which
ultimately will result in higher value for the consumer's dollar.
Before
[predetermined
While
Tucker
April 10
director
Tucker
administration department.
He
Comptroller's staff of the Cadillac
Motor
Car
division, General Motors Corp., Detroit, where he also
served as Controller of the Rae Manufacturing Co.
Two other former
as
by Standard of the
The notes
are
a
portion of an issue origi¬
10, 1946 in the sum of $51,000,000, of which the
total now outstanding aggregates $34,431,263.
•
Standard represents that it will further reduce the amount of the
notes due April io, 1947, the maturity of which it proposes to extend
a
and Chemical
1947
now
proceeds of the sale of
tain
the maturity of such of
from that day to May 10, 1947.
outstanding which mature on April 10,
this being the balance due on the notes
notes'
aggregates
after
net
on
such
of
It
textiles.
has a
*
;
will continued
under
operates 1,000 spindles and eight looms at
looms at the Marshville plant.—V. 164,
company
plant
and
14
Co.—Earnings—
INCOME
Cost of
—
STATEMENT,
FEB.
...
28,
6
MONTHS
1947
-
$2,935,0361
...
sales
2,370,659-
Selling and general
188,644
expense
Administrative expense
Other deductions (net)_
and State
99,83*
35,961
income
taxes
100,775
Net profit
$139,163
CONSOLIDATED
ASSETS—Cash
receivable
etc.
(less
(less
banks
in
reserve),
bonds,
$50,000;
reserve),
BALANCE
SHEET,
(including
FEB.
28,
transfers),
1947
$493,773;
account*
$443,453; inventories, $1,063,737; U. S. Govt,
real estate, buildings, machinery, furniture,
$1,132,174;
advances
and
deposits,
$17,272;
tools,
patents, Insurance and miscellaneous assets, $139,067; total, $3,339,476.
LIABILITIES—Bank
note
pavable,
$100,000;
dividend
payable,
$40,accounts payable, $177,830; accrued expenses (including taxes),
mortgage instalment (due 3-29-47), $29,500; 33A%' mortgage
000;
maturing 1955 (10 years), $236,000; capital stock, $170,000; capital
surplus, $893,980; earned surplus, $1,540,209; treasury stock, I)r$80,000;
total,
$3,339,476.—V.
163,
(The) United Corp.
William M.
469.
p.
(of Delaware)—Annual Report—
Hickey, President,
Feb. 28 stated in part:
on
The
corporation proceeded with cash purchases of shares of the
stock during the last five months of 1946, after a break
in the securities markets made more comprhehensive plans for retir¬
ing the outstanding preference stock, for the time being, unfeasible. It remains the view of
the board of directors, however, that the
most satisfactory and expeditious method for retiring large blocks of
the
preference stock is by exchanges of securities comparable to
thpse carried out in 1944 and 1945.
On Jan. 22, 1947 the corporation
with the Securities
and Exchange Commission
a
plan for an
filed
that
the
exact
price
of
of
200,000
the
With
shares of Columbia Gas & Electric Corp. common stock
shares of United Corp.'s preference stock, on the basis
shares
four
Columbia
of
common
stock
and
$2
cash
for
one
share
corporation's preference stock.
the improved marketability of various of the securities in the
corporation's portfolio and the settlement of problems of the corpo¬
ration's statutory subsidiaries under the Public Utility Holding Com¬
exchanges
through
it
believed
is
that
first
the
through
cash
payments.
Thus,
of
securities
the
year 1947 will witness substantial compliance
requirement under Section 11 of the Public
major
or
Utility Holding Company Act, namely, that the corporation change
its capitalization to a single class of common stock.
Pursuant to approval of
the Securities and Exchange Commission
and of the stockholders at the annual meeting held on April 10, 1946,
authorized amount of common stock
and converted such author¬
a stated value of $1 per share
to
$1
per
share par value stock and has reduced its authorized
amount of preference stock from 5,000,000 shares to 1,214,700 shares
and converted such authorized shares from no par value stock of a,
stated value of $5 per share to a $5 per share par value stock. .These
changes did not result in any change in the aggregate dollar amounts
shown
in the balance sheet for the common and preference stocks
nor
in any change in the surplus accounts of the corporation.
Up to Dec. 31, 1946 the corporation purchased in the open market
for
cash 78,500 shares of its $3 cumulative preference stock at a
total cost of $3,780,585.
The Securities and Exchange Commission fa
its order dated Aug. 9, 1946 authorized the corporation to expend an.
aggregate amount of $5,000,000 for the purchase of
shares of its
$3 cumulative preference stock over a period of six months.
Of the
shares so acquired 78,300 shares have been retired and the remaining
the
has reduced its
corporation
24.000,000 shares to 18,261,551 shares
from
ized
shares
shares
200
from no par value
are
stock of
be retired.
to
,
....
,
.
..
.
of portfolio securities established a cash position whica
corporation, after careful study and with the approval
Securities Exchange Commission, to exercise rights to acquire
The disposal
the
Press
Manufacturing Company, Mount Gilead, Ohio, and of Industrial Metal
Protectives, Inc<>; President of Hydro Power, Inc., Springfield, Ohio;
Chairman of the board of Commonwealth Engineering Corp. of Ohio;
notes
asbestos
company
C. H. Carlougn is President and T. S. Sadler
United Specialties
,
ing bank loan note3, to extend
-i
Carolina
Davidson
with
plan for dissolution and distribution of its assets has been filed
the corporation with the Common Pleas Court at Philadelphia.
The corporation has outstanding 1,114,117 shares of preferred and
.133,893 common shares ($25 par).
Principal holdings are $1,400,000
U. S. Government bonds, 375,194 shares of common and 3,203 shares
cash
net
Carolina
pany Act, it now is anticipated that all, or substantially all, of the
outstanding shares of the preference stock may be retired during 1947.
1910.
p.
A
$15,769,734 $14,332,802 $31,919,429 $28,300,949
11,330,765
10,012,939
23,455,853
19,124,409
2,262,938
2,154,034
4,403,936
4,509,210
.
—V. 165, p. 1635.
Consol.
the
3152.
p.
of San Francisco,
lution Plan—
of
operating
The
of
by
Net
various
...
that
Vice-President.
is
the
exchange
Calif., and an officer and director of various real estate and financial
organizations in that State, has been elected a member of the board
affiliated
$15,805,818 $14,355,723 $31,991,714 $28',346,551
rev.. :
36,084
22,921
72,285
45,602
Operating revenues
Operating expensesOperating taxes
of
manufacture
announced
was
for
revenues
oper.
the entire capital stock of the Carolina
Davidson, N. C., which also has a plant at Marshville,
its present management.
of
Tide Water Association Oil Co.—New Director—
$4,588,016
$6,486,226
Transportation System.—V.
period End. Feb. 28—
Uncollectible
8,697
349,611
Southwestern Bell Telephone Co.—EarningsOperating
loss—ry.
174,246
174,805
of
S,
of
*$250,233
4,062
and bus
deductions
Net
income..
0Excluding
.
$27,823
4;634
$4,412,651
$5,703,318
(Cr)-„
adjust.
*$192,207
income
income
oper.
non-oper.
564
i
•
•"Net loss of
tCcnsol.
of
the
for
C.,
preference
debt
fixed
Total
N.
$3,510,665
3,012,471
$15,689
expenses—
net oper.
taxes
1947—2 Mos.—1946
$1,734,826
1,719,138
revenues.—
Total
Total
Corp.—Earnings of System—
1947—Month—1946
*$187,573
—bonds
Other
Union Asbestos & Rubber Co., Chicago—Acquisition—
$231,958;
Total
$8,076,284
58,643
of Wicander & Co.- importers;
This company has purchased
Asbestos Co.
.
Third Avenue Transit
$6,974,076
1,102,208
$3,284,332
943,876
Manager
Hunter,
$512,149
184,136
Cr88,396
2,911,328
255,611
-
$2,572,378
711,954
$4,136,415
income
Interest
$465,508
10,219
$121,509
deductions
Period End. Feb. 28—
Miscellaneous
were John Dessing. Vice- Pres¬
Charles E.
President of Hunter Manufacturing Co., Bristol Pa.; Alaa
Porter
Lee, President of Alan Porter Lee. inc., chemical engineers;
Robert McKinney, partner in the New York Stock Exchange firm o£
Scheffmeyer, McKinney & Co., and a director of Missouri Pacific RR.
and various other corporations; Samuel K. Mitchell, partner of Biddle
& Eno,
Wilkes-Barre, Pa., and Henry W. Ryan, lawyer, of 475 Fiftli
Ave., New York City.
They succeed Frank Bownes, Chauncey Combs,
Thomas Jardine, Raymond J. Norton,
Matthais Plum and Wildey C.
Rickerson who have resigned. Mr. Bownes will remain as President of
the corporation's
subsidiary Prank Bownes Co., Chelsea, Mass.
Mr,
Jardine, a former President of Unexcelled Manufacturing Co., who has
been associated with it for many years will hereafter act in a consult¬
ing capacity.—V. 165, p. 344.
j
General
and
185,254
189,754
$119,116
$105,855
15,653
income
income
Gross
Incorqe
2,415,826
3,633,454
1,216,755
1,021,787
? Cr8,411
1,153,718
129,066
2,136,811
Equip, rents (net)
Xacil. rents (net)...
Total
.
Oher directors elected at the meeting
ident
'
i-i-vi-
.
engineer and manufacturing executive, is
a
director of various corporations. :
defense
\
" 1,243,124
taxes
surtax
income
city
taxes
.Federal
and
Operating
Other
$17,353,954
1,186,780
2,315,350
1,386,140
rev.
and of
Corp.,
269,000
fr. ry. opers.. $10,648,077
$7,319,720 $20,484,033
573,511 f
569,230
1,207,751
Unemploy. insur. taxes.
Net
*
American Agricultural Chemical Co., Lone Star Cement
various othef corporations.
Mr. Kauffeld, a consulting
President of Devenco Inc. an<t
Fox Film Corp.,
186,377
79,600
taxes
normal
Fed.
$40,257,187 $37,443,336 $82,470,078 $79,407,688
29,609,110
30,123,616
61,986,045
62,053,734
revs
oper.
'
1947—Month—1946
Period End. Feb. 28—
Railway
Railway
15,954
General
Earnings
C.
C. Russell MacGregor, President, on April 7 announced that dt a
meeting of the board of directors of the corporation held on April 4,
R. Dillon and Theodore J. Kauffeld were elected directors to fillvacancies on the board. Mr. Dillon is a director of Twentieth Century-
Federal
Deprcc. and amortiz. of
utility plant
H.
to
in
7%
John
Net sales
1947—12 Mos.—1946
1947—Month—1946
Higher—
according
coaches,
motor
ENDED
—V/165, p. 983.
:.
of
CONSOLIDATED
Public Service Co.—Earnings-
Texas
$741,362
$1,170,142
$131,969
$118,302
the
in
145
Unexcelled Chemical Corp.—New Directors—
164, p. 2735.
Period End. Feb. 28—
}
a
charge of sales.
These deliveries show a
over
January
deliveries,
which were the
company's 21-year history.—V. 165, p. 1637.
increase
largest
Last year, the company paid a semi-annual of 25 cents on June 1, a
semi-annual and an extra of 25 cents each on Dec. 2 and an extra of
$1,153,658
412,296
412,296
■
share and an extra dividend of 25 cents per share on
stock, both payable June 2 to holders of record
cents per
25
the
252,450
$1,582,438
$153,160
semi-annual dividend
The directors on March 26 declared the regular
1,772
totaled
Vice-President
Arnot,
first three
for
deliveries
further
$2,681,039
the
and
1947,
Stewart-Warner Corp.—Extra Dividend of 25-Cents—
1,740,925
147
:——.
Net income
$2,940,721
$1,122,417
March,
,
Twin Coach Company—March Deliveries
March
It
$1,431,927
21,037
436
.
of
elected
•
of
capitalization of $100,000.
disct.
debt
of
Amortiz.
month
the
for
-
$1,843,229
252,450
has been
<
Faroll & Co., Chicago, members
other leading stock and commodity
director of The Tucker Corp.—V. 164,
partner
Exchange and
3152.
1947—3 Mos.—1946
1947—Month—1946
$1,148,508
_._J.
sales
this year are the highest ever obtained for a corresponding
period in any year.—V. 165, p. 1635.
of
Jnt.
only permanent
1947,
months of
621,984
946,991
*
sales
Net
152,335
$174,781
Income
Gross
:
that deliveries
directed
8
86,400
730,538
...
April
on
that beginning April 24,
being issued;
Period End. Mar. 31—
Net
$7,726,394
3,154,784
690,373
$7,954,160
3,628,744
718,256
$673,401
265,697
59,637
$772,185
—
Exchange
certificates at present being issued shall be a delivery.
1947—12 Mos.—1946
1947—Month—1946
Period End. Feb. 28—
Stock
stock, up to and including April 23, 1947, may be made
temporary certificates or with permanent certificates at
with
present
Southern Indiana Gas & Electric Co.—Earnings—
Gross
York
New
common
either
quarter during 1946.—V. 165, p. 1909.
each
K
Sterchi Bros. Stores, Inc*—Form of Certificate—
declared a dividend of 15 cents per share on the
payable April 15 to holders of record March 31.
A
distribution of 12W cents per share was made on Jan. 15, last, and in
directors have
The
common
Co., Youngstown, O.—Preferred Stock
Finance
Offered—Butler, Wick & Co., Youngstown, are offering
to residents of Ohio only 2,100 shares (no par) cumu¬
lative preferred stock at $100 per share.
Proceeds will
be used for expansion of company's business.—V. 165,
Co.—Weekly Output—
Colorado Power
Southern
Electric
v.:
—
secured income bonds, series of 1950,
due April
1, 1950, are being accepted under the above referred to
plan and said bonds will continue to be dealt in on the New York
Curb Exchange. —V. 165, p. 1909.
further deposits of the 5%
No
Co. above.
*
totaled
[
1966,
above.
Surviving Company-
Gas Co.—To Be
Jersey
See Atlantic City Gas
.
p.
1,
Director—
a
senior
York
New
exchanges,
April
165, p. 1903.
South
:
729,259
923,560
145,672]
145,327
ex-1
profits taxe3
3_—J
cess
507,040
665,184
General taxes
the
of
being issued $1,000 principal amount of 4%
due
$7,987,599
15,850
15,850
1946,
now
1947—12 Mos.—1946
1947—Month—1946
$691,456
8707,943
355,842
329,458
41,770
46,130
1,
Faroll,
Barnett
of
which previously has been declared effective, there are
collateral trust bonds,
and 40 shares of common stock, par value $1, In
exchange for each $1,000 principal amount of 5%
secured income
bonds, series of 1950, due April l, 1950, which were deposited under
the plan.
The above referred to 4% collateral trust bonds, due April 1, 1966,
were
admitted to dealings on the New York Curb Exchange at the
opening of business on April 7, 1947.
The interest on said bonds wiil
be payable semi-annually on April 1 and Oct. 1.
Said bonds .will be
dealt in "and interest," and until Oct. 1, 1947, such interest shall be
computed from April 1, 1947.
Transactions in said bonds will not
carry the right to receive the 40 shares of common stock referred to
April
'
Period End. Feb. 28—
of exchange of securities dated as
Pursuant to the voluntary plan
MONTH8
12
AND
FEB.
FOR
EARNINGS
Faroll Elected
Issued—
Starrett Corp.—New Bonds Being
The application
ol the proceeds
bonds.-
sale of common stock and
the proposed
from
instant loan.
proposed to be obtained by the
sum
indicates that the proposed
Monday, April 14, 1947
CHRONICLE
THE COMMERCIAL & FINANCIAL
(2008)
Tucker '48 has not been released.
sell in the medium price bracket, and
the
spokesmen said it will
"quantity production is expected later this year.—V. 164, p. 3152.
also enabled the
of
the
310 976 -shares of the common-stock of The Cincinnati Gas St Electrics
Co.' offered by Columbia Gas & Electric Corp. in September 1946 to
its 'stockholders at $26 a share.
The total amount of cash expended
in the purchase of these shares was $8,319,376.
Since The Cincinnati Gas & Electric Co. now is a statutory sub¬
sidiary of the corporation under the Public Utility Holding Company
Act
it will be necessary that the corporation dispose of at least a
substantial part of its holdings of the seciirities of that company.
As of Dec.. 31, 1946, .the indicated. market value of this stock, .waa
$9,359,298.
/.
f.
The plan proposed by The United Gas Improvement Co., to exchange
a
package of securities for outstanding shares of its capital stock,
became
effective on April 8, 1946.
After a thorough investigation,
the
directors determined to tender all of the corporation's holdings
(605,622 shares) of the capital stock of The United Gas Improvement
Co. for exchange under the plan.
Because the plan was oversubscribed,
.
oniy
485,290 of the shares
As
a
The
of
606,622
result of
tendered by. the corporation were- accepted
the corporation's holdings
capital stock were reduced from
121,332 shares, and thereby that company ceased
this exchange of securities,
United Gas Improvement Co.
shares
to
"
<
" (Continued on page 54)
:\j
*
Volume
Number 4585
165
«•>
*-»
**.
>«& ?
fl.
V
--4-,',
«'
■
.
,
■
-
••
,4,
-3<m
•■
.
THE COMMERCIAL & FINANCIAL CHRONICLE
Stock Record
(2009)
New; York Stock
«»
Exchange
DAILY RANGE OF PRICES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSUE
LOW AND HIGH SALE PRICES
Saturday
Monday
Apr. 5
I per share
73%
15%
49%
33
33%
•107
109
*107
5
ijv/'.v 5
"/
5%
*26%
27%
*98%
99
4
*25%
46%
15
14%
15
48%
48
48%
32%
32%
15
32%
8%
*48
;•
32%
33-
32%
107:
4%
4
*106
5
38
36%
64
*62%
4%
26%
25%
99%
99%
*98%
4
37
4ya
35%
63%
41%
41%
41%
41%
40%
•103%
106 %
•103%
106 %
103%
103%
*103%
20
19%
175%
176
20
*19%
20
*19%
173%
174%
171
20%
20 %
20 %
20%
20
20
*33%
33%
33
33
32%
33%
34%
35 %
♦101%
101 %
34
173%
34%
33%
101%
101%
•101%
*172
34%
32%
33%
-
102
4%
24%
4
4%
106
20
41%
20
174
*
175
19%
19%
323/4
341/4
33%
101%
35%
500
2,300
Allied
193/4
600
Allied
Kid
323/4
1,000
11,100
Allied
Mills
34
♦101%
102%
351/4
Stores Corp__
4% preferred
Allis-Chalmers Mfg
96%
96%
96%
951/4
27%
951/4
27%
96
*27%
27%
96%
26%
27
26%
26%
*26%
*7%
263/4
7%
7%
26%
26%
500
*7y8
7%
7%
*7i/a
71/4
7
7%
800
50y4
50%
*48
51
600
'16%
X79>/4
793/4
79
79
1,000
39
39
39
800
52%
*51
52%
*51
,
52%
51
51
80%
80 %
80%
80%
80
80
79%
79%
*40%
41%
40%
40%
40
40
39
39
39
10%
11
10%
10%
11
78
78
10%
77%
76
11%
77%
77
76
76
76
77
77
*27
28
27
27
78%
26%
27
26
26
26%
26%
25%
26%
74%
74%
*74%
74
11
10%
10%
10%
10%
74
♦74
*14
14%
*14
*42%
43%
42%
*125%
126 %
125%
125%
*125%
126%
125%
5%
5%
5%
5%
5%
5%
92%
93%
92 Vs
92%
93
92%
189
189
*48
109%
24%
14
14%
*13%
14
13%
13%
13%
13%
43
41%
42
41%
41%
41%
42%
125%
*125%
126%
•125%
126%
80
5%
5%
5%
5%
5%
6,700
2,700
189
188
♦108
110
23%
*107%
103%
108 %
149
149
*99
5%
108
107%
146
147
23%
23%
23
*99
99
99
36%
36%
146
1,500
*106%
It
*'f
146
146%
107
23%
23%
23%
23
23%
23%
23
23%
22%
23
*99%
100
35
2,400
100
*99
34
34
34
100
34%
5%
5%
5%
5%
6
5%
16 ya
15%
15 Va
15%
15%
16 VB
16
16
*15%
19
19%
18%
19%
18%
19%
18%
19 VB
19%
19%
5
5VB
5
5%
4%
4%
4%
4%
*108
109 y2
*108
107%
107 y4
*20%
20%
*94
96
42%
42%
♦7
54
52
52
26%
25%
25%
8%
25%
9
8%
*106%
11%
11
13%
25%
25%
98%
«
98%
Apr. 8
*97
98%
-
98%
33%
106
139%
; 12%
3Q
'
56
38%
;
33%
*26%
47
38%
.38
27
24%
14
177
56
-37%
.
32%
26%
26%
: 13
119
120
107%
107%
106%
106
;
106%
106%
19,.
38..
38
37
41
41
145
145
145
*47
48
*47
48
39%
40%
37
72
2
157
66%
16%
79%
*8%
*95
32%
: .37
.
*144
-
40
40
48
393/4
*110%
111
52 Va
53
15%
15%
.
*15
16
'
6%
88
conv
preferred
non-cum
Internat
Corp
7%
of
*
•35%
■k
5%
36%
1
For
footnotes
.
/
3.90%
A
cum
6%
Metals
1573/4
156
16
103
333/a
33
99%
*96
16%
105
33%
100
763/4
76%
15%
16%
*104% 105
32%
•96
77%
34%
38%
39
50
50%
49%
50
43
48%
473/4
473/4
110%
110%
53
15%
17
111
111
53
53
.;
.
52%
5y4
5%
35%
35%
see
page 27
5%
.
35
5%
5%
5%
351/4
34%
35%
*5%
74% Dec
Oct
45%
Jun
73% Mar 24
72%
Oct
88%
Jun
13
77% Jan
17% Feb
7
Jan
5
12%
Nov
30
Jan
41 % Apr
11
50
Feb
3
36%
Oct
64 %
Apr
133% Jan
15
13
125% Mar 21
5% Apr
11
90 y8 Jan '
7% Feb
3
99
184% Mar 21
193
453/4 Jan
129
Mar
1
79
10
115% Jan
Oct
106% Jan
Dec
210% Mar
Nov
72 3/s May
132% Mar
8
23% Mar 14
28% Feb
9
110
Feb
Mar 12
156
Jan
141
20
.»
7
Feb
4
13
Jan
■
203/4 Jan
4i
Apr
104% Mar 20
104 %
20%
97%
Dec
115% Jan
13
42% Apr
37%
8% Feb
5%
53% Feb
44%
106
Jan
2
24% Jan
13
113
7
Jan
30% Feb
Mar 13
116
Jan
18
Am
*35
5%
Am
Conv
■:
900
100
35%
35
5%
35
800
1,200
52
36
.100
*147
26
Wire
Hock
?
i60
.40
.
/116% Jan
&
Cable
Corp
$4
preferred
Anderson, Clayton A
Andes
A P W
Co
OH
Corp
Copper Mining
Products Co Inc
4rcher-Daniels-Mldlana
9
20
5
No par
Jan
r
;•
162% Feb
73
!
150
22
15
Mar
7
Oct
Sep
Oct
Apr
73% Jan
191
172*
-
.
Apr
50% Feb
_
»
Apr
50% Feb
May
38% July
43-
58% Feb
158
*
Apr
67% Apr
13%
,
102%
..
Sep
29%-Jan
100 ya
87%
200% Jun
T
99% May
.
100% May
174
'
July
,78
May
121
!
Jun
28%
1110%
Jun
Feb
70% Jun
Dec
182%
Dec
105% Nov
.15%
Jun
Jan
7
Sep
64
Dec
90
5
35
Oct
61% Feb
17
4
41
Sep
38
Sep
62 y« May
111% Mar 10
108
Dec
43% Jan
Xll4% Mar
x64% July
15 Ya
Oct
27% May
13%
Sep
24% Feb
4%
Nov
10% Feb
42
Mar
52% Feb
51
-53
Jan
Apr
17% Jan
15
Jan
9
4"% Jan 20
16
Mar 11
Aug
33% Feb
52r
X
69% Apr
15% Mar 12
33
20*
;
Sep
48%
116%
50% Feb 13
37% Jan
;
.
v
76% Oct
.
3
110% Feb 13
103% Feb 13
10% Jan
6
45% Jan
42% Aug
108% July
Oct
9
14
42,
Feb
Feb
159% Nov
18
16
8
23
186'
Sep
47% Jan
58% Jan
8
Apr
i
138
30
Apr - 8
7% Apr 11
ji.
38%
Apr
Jun
-
Sep
Oct
119 % Apr
18% Feb
65
22%
■
106 ya Jan
76
Dec
24
4
5
-3
84% Feb
5
93
/
25 y*
July
133% Aug
123% Aug
.
27% Nov
82% Feb
2% Apr
26% Jan
-
■
174% Feb
-
60
Oct
34% Dec
160- ►Jan
■
Jun
Jun
17% July
.
r
45% Sep /
21
13
Jan
Nov
t14% Deo
19
Sep
33
Sep
165'
11.
13
Jan
2
No par: •t!: 109
46% Jan 16
...21%
10
6
Mar -5
14% Jan
...1
.
10
102% Feb
>
Nopar
Nopar
12.50
,
Jan / 3 :
50% Mar 26'
153
Jan
54% Feb
,V"
9
12%
.,
163
.
Sep
t7<
45% Mar
106%,
.•
Oct
21
146% Feb 24
44% Mar 17
25
Feb
10%
•
97% Jan
88% Jan
•
158/ Jan .6
37
Feb
8 i
28- Feb 10
29%Jan .7.
*45
164% Apr
8
•64% Apr 10;
l/ff Apr v9
100
24
.
39% Feb 24
3
Jan .22
7
169% Jan
■
100
Corp..^—14
...m..—100
Anderson-Prlchard
.
Jan
64% Apr
Glass
117% Feb
v
Apr .10
_25
prior preference—
16% Feb
Nov
133% Dec
11
Oct
34% Sep
Mar 27
16% Feb 10
122% Feb
4
3
Elec_—No par,
43%
14% Feb
.
11
142 V2 Jan
&
23%
,39%Feb 24:
Mar 14
Feb
100
class B__
7
Feb
-
7> Xl737/a Nor
:
7
27% Jan
95% Feb
109% Feb 24 .'
30% Jan 13-
:
25% Jun
17:
14
34'/a Jan
164
12% Nov
98
177
Feb
37% Feb
24
13% Mar 25
21% Oct
6
3
32
;/18% Mar 25
prior conv preferred—..23
Anaconda Copper Mining
00
Anchor
1,000
•
21
.
Anaconda
240 ;
Jan
# per share
15
129% Feb 21
16
Jan
Highest
'
t per share
,•
Jan
Jan.13
104% Jan
.
Tobacco—.JNo par
Wks
Jan
Jan
,
13
31% Apr 11
$5
410
Jan
Refining...—100
;
Amer Zinc Lead A Smelt
3,100
16
14
1st' preferred__„_______No par
American Woolen—No par
Preferred
mo
14,800
17
102
$6
300
53
11% Jan,13
-
Water
Jun
May
28
.
9
9
preferred
119
Lowest
9 per share
140
9
23% Apr
39% Apr
6% preferred
American Viscose
2,800
,
/,!?/,!
Common
44%
Sep
/15% Feb
34% Mar 20 ,:
114
—Nopar
——Nopar
No par
Co
Rights
-
Jan
12% Apr .10
i
25
preferred
Amer Telep A Teleg Co.
American Tobacco.
29,500
*153/4
,134
1
.——Nopar
Foundries
Sumatra
15%
101
.
97% Apr .10 •
10% Apr
9
27% Mar 24
...
.100
,
20 * Mar 10
,
—No par
Snuff
Sugar
*15
5%
9 per share
-
Preferred
May
16% Jun
Year 1946
Range Since January 1
Highest
Building Co—No pat
Smelting A Refg——No
Steel
118
22% -Nov
111
9
Jan
Nov
18% Mar
11% Mar
10
Jan
63
35%
99% Jan
9% Sep
12% Jan 31
14
12%
31% Dec
8% Sep
10% Jan 24
106% Mar
4
14
12% Jan
.
May
55% Jan
Oct
X34% Jan
Jun
44% Apr
118
Oct
16
Jan
Jun
July
11% Feb
23%
/
Sep
Sep
10% Jan
Preferred
Amer
/
,
Oct
90
24% Apr 11
8% Jan 16
Ship
non-cum
75.
Sep
18
6% Mar 15
■»
American
108
5% Sep
100
176
American
2,000
.
Jun
34% Apr
/ / 32% Jan
•
•
41% NOV
6
25% Feb
49
Rolling Mlll...^—10
4%% conv preferred ._i.-i.100
American Safety Razor.—.
5,
American Seating Co
—No par
200
700
:
Feb
164%
/
Sep
Mar 12
Jan-
101% Feb
38% Jan
—Nopar
—-100
...
Stove
200
8
Jan
150
Sep
17% Oct
11
1
Co...
Stores
/ i 13,600
66
40"%
Sep
120
90% Mar 17
18% Apr
American
6%
680
;?
Oct
21% Nov
9
26% Feb
96%
10
6
106% Apr
Sep
17% Feb
184
1
Apr
Oct
j; 42
Jan 28
54% Feb
*137
May
5%
8
17
108
...
•
4,700 f
-
,
19% Apr
Nov
•'$5 preferred
Nopar
Am Had A Stand San'y—No par
American
17
5%
Nov
57%
Rangb for Previous
Co
American
15%
15%
•15
7%
66
■
;
9
Apr
25%
Amer Power A Light com
No par
$6 preferred
—No par
500
78%
50
153/4
53% Jun
7
v
/
100
X49%
53
11
91% May
Mar 26
Lowest
Ltd....
Co
900
•
52
39%
*15
11% Apr
Sep
Nov
Jan
—No par
Fdy Co
preferred
4,200 '
1,400 /
•400 '
r-
156
118%
39
15%:;
15
,'"v
64%
37%
80
Preferred
72,700
39%
52%
15
84% Jan
.44% Mar f
75
31
.100
preferred
Amer
66%
38%
52
29
7
4
39% May ;
12% Apr
/
Oct
16
Par
Amer Mach
Amer
65%
39%
15%
-
16%
111
44
9
14
EXCHANGE
700
65%
64%
105%
*110%
Apr
Mar
8% Jan 16
NEW YORK STOCK
456.700
8%
110%
Sep
6% Oct
3
67% Jan
.100
HI
preferred
News
.'13/4
67%
110%
51
25
Jan 23
Jan
No par
Co
Molasses
IVSr
8
110%
Feb
:
8% Feb
25% Jan
1
preferred.
Amer
American
1H
X51%
.
73
38 ;
~
-—No par
American
66%
XI18%
48%
16
Amer
66%
52
47%
Jan
50
American Ice
10,800
;/ 2,800
653/4
157
77%
Nov
46
1
American Home Products
30
•
'
119
76%
91%
35
Jan
5
6
29
6y2Feb 21
39
Feb 17
26% Mar
*
July
62% May
-/• 95% NOV
/ 129% May
Hawaiian
American Hide St Leather
i,40o;
•
163
*66
48
17
164%
-
8%
50%
16
165%
65%
39
52
165
51 %
*95
4
99
11
16
No par
-No par
Co
10
preferred
American
320 :
48
8%
47%
52
;
Nov
108
Oct
4,800 ;•
-
393/4
X65%
-
50
•/♦15 /..•
-
*5%
8%
65
47%
•15%
/
78%
50
47%
•110%
47% T'47%
8%
65
39%
50
50%
50%
99%
30%
Jan
63% May
5%
400:
144
118%
31%
10
39 % Feb
39
8
$7 preferred
460*
26%
*47
52%
1
Nov
16
...No par
—No par
$7 2d preferred A
5,100
7
37
144
,
•
119%
16
99%
Jan
Sep
Nov
6% Feb
$6
15,700 -
•
24%
51%
•105
31%
29%
r
11
Amer St Foreign Power
.
147
32%
1%
158
29 %
Dec
28% Aug
14% Jan
10
-
31%
64%
65'/4
7
Aug
212% Jun
Oct
2,000 "
1,800
-
-
26%
•"*"24
24%
1183/4
105
67%
39%
157%
/
34%
76
8%
643/4
16%
,
65
35% Feb
July
26
/
Oct
Nov
22,400 >
543/4
32%
24%"
144% 145
164 %
18%
39% Mar 6
102% Mar 27
31% Mar 11
Jan-16
99% Feb 38
34% Mar 17.
Amer Mach A Metals.^MN.MJNo par
-
168%
26%
*26
*47
l.T.
•
-
53.
*95 V
78
8%
64%
66%
31%
100
*65
40%
40
105
164%
7
113
17% Oct
154
13'%
19,800
;.
'
1191/4
16
'
165
158
52%
34%
77%
8%
70
*66
•
,
118
16%
105/
65
157
53%
118%
33%
99%
,
157J/4
105
34%
*78
67%
16%
-16%
*95
111
r
118%
105 Va
33%
1%
53
53%
119%
105
66%
2
157
158
53
65%
1%
70%
*118
,
164 »/4
68%
68
-
2%
69%
165%
164%
165%
*70%
22% Feb
8
30.
,
3
17%
.
164%
18% Jan
14
Feb
7
800
38
167%
y
147 A
38
54
,
147
32%
Oct
10
Feb
k
17
500 *
.
.
54%
54%
168% 168%
38
26%
913/4
22
180
31
100
13% ~14
18%
18% V
;
'
23%
1033/4 Apr
16
Mar 11
6% Feb
Locomotive
,
31%
32%
*106% 106%
14
23%
24
17% Jan
26% Apr
6% Jan
2,500
14%
*176% 180
32%
14
145
47
47
32
18%
54%
97% Jan
20% Feb
220
13%
14
14%, 14%
1180
13%
41%
*145
-
61% May
93% Jan
1,000
107%
36
•176%
26
t
35%
13%
32%
Jan
163/4 Jan
American
138
120%
107%
38
7
Invest
12%
35%
150
32
24%
*12%
120%
120
18
15
6,200
•
30%
13%
168%
*148
*23%
*
138 A
12%
38
38
168.
38
139%
-
12%
19%
53%
168%
150
.
32
-
13%
*19
-
29%
*35%
14%
106
13%
30%
*138
177
31%
106
30
12%
146%
41%
42
47
-
150
*23%
148%
.
53%
150
.
106%
38
168%
33 y.
27 :
27
*41%
*145
55%
107%
180
32%
19%
38
168 J
-
•
13%
*19
38
32%
24%
'♦23%
106
.
''
*38:
*147
150
33%
31%
13%
55%
.
10%
13%
119%
48% Feb
16
American
97%
*10%
35%
'13
14 %
•
*177
20
167
38%
,
14
...
.
•
106%
'••'38
56
106%
'
33
13%
14
120% 121
14%
180
*19
169
•147
108
-
105%
I . i3g < :
•167
121%
32%
20
13%
Jan
13
8% Jan
5% Jan
Shares
23%
97%
137%
'
Jan
82
'
■
15% Apr
16% Jan
Sales for
'
139%
69%
Oct
American Encaustic Tiling
__1
Amer European Sees.
—No par
American Export Lines Inc.40
the Week
22%
98
14%
,14
23%
137%
*177
106
13%
♦19
23%
35
Oct
523/4
Feb
46
200
9 per share
23
*12%
8
1
29%
64% Feb
STOCKS
10%
35'
Oct
44
13
24
8,300
:
Friday:
10%
'14%
24%
9 per share'
30
3%
13
_io
Co stamped
400
Apr. 11
22%
29%
*138
4
Jan
102
2,100
113%
Thursday
Apr. 10
97%
13%
33%
*113
10%
12%
108
24%
115
98%
35
14%
25
•113
10%
13
109
13%
Feb '
Aug
Jan
167
100
6%
11
98
36%
180
24%
11
13%
10%
♦35
121
8%
*106% 112
13%
98%
*12%
v
8%
30%
*136%
14%
8%
12%
51% May
103 !
16
13,900
1,100
10%
13
'109
25
29%
37
*177 »
23%
24%
11%
Sep
Nov
90%-Dec
22
1,000
25%
11
.
.139
121%
24%
114
$ per share
'
6%
25
*-13%
5% Feb
3
5
25
2
11
300
112
8
Feb
Apr
Mar
95% Jan
600
54
30%
11
30%
14 %
13%
Apr. 9
22%
*35
121%
24%
114
41%
*50%
8%
8
21
Jan
135
33% Apr
200
6%.
Oct
..20
5,400
53%
♦106%
*11
11
.
23%
.
8%
LOW AND HIGH SALE PRICES
-: Tuesday « ..
Wednesday
,
*12%
14%
25 ya
7
1041
—100
300
19%
96
41%
18
6% Feb
No par
Crystal Sugar
prior preferred
4%£
800
*51
112
*•13%
114
23%
11%
'138
24%
114
11
13%
$per share
31%
.
8%
41%
*6%
54
25%
*106%
9 per share
24
*11
25%
115
Apr. 7
9 per share
25
11
*13%
Monday.,
Apr. 5
24
11
13%
*113%
Saturday
8%
*41
Feb
112
40% Jan
preferred—-.—100
Amer Distilling
300
108
18%
*93
593/4
31% Jan
101
Feb
No par
American
11,500
11,600
4%
*106
95
42
5%
19%
4
20
1,300
1,800
16
18%
107
19%
7
*50%
*106% 112
11%
*13%
117%
*31
8%
112
107
94
7
-
*5%
19%
41%
*52
112
*113
43
6
95
*94
7
*8%
11%.
*42
42%
19
96
7
*106%
25 %
20%
*94
7
26%
*13%
108
19%
96
7
53
26%-
108
20%
-
42%
7%
53
109
-
20%
*94
5
*5%
*15
Nov
3% Jan
lop
Fdy
preferred
conv
33
33
American Chicle ——,—No par
American Colortype Co/_„__.10
50
33%
*99%
36
5%
480
23%
*15
5
40
1
'
146%
*22%
100
34%
107
*106%
23%
38% Feb
10
No par
Am Chain & Cable Inc
23%
9
j
10
-_-25
non-cum
20%
>
100
American Can
Preferred
1%
Dec
43/4 Apr
24% Apr
50
__1
American
109%
Sep
8%
56
.—100
A Radio Corp.,,..,,..!
&
Jan
Jan
24%
10
,
.
preferred
Car
Jun
44%
1
6
,
—10
.
400
3,100
106
♦'
1.
68%
41%
10
10% Feb
Jan
1
,
pfd
46%
*106%
24
Airlines
Cable
Jan
Peb
37% Feb
50
preferred
cum conv
5% %
55
243%
16
,1
6% preferred ■■*.*
American Bosch Corp
Am Brake Shoe Co
Amer
19
No par
188%
46
108
*23%
106%
24%
5%
24
24
23%
371/z
109
23%
24
109%
24%
100
187%
46%
150
.
99
92%
187%
46%
149
24
23
*36%
93%
187%
47
46%
*108
149
25%
22%
93%
189
188
48
109%
24%
151%
*25
190
47%
47%
109%
150
3%%
May
No par
100
_
American Bank Note
2,700
75%
__
pfd
conv
conv
American
500
42%
92%
24
*107%
76
6
►108
*24
75%
14%
47%
*108
75%
42%
188
49%
*74
cum
V
5:
Amerada
Petrol
Corp
No par
Aran Agricultural ChemicaLNo par
52,900
2,600
1,600
75%
92%
3% %
x50
Oct
100
Alpha Portland Cem
Amalgam Leather.Co
*51
.
No par
-
96%
1,900
Feb
13 %
-No par
96%
7%
30%
1
wv.
Inc
Co
34%,, 35%
95%
96
7
13
17% Feb
105
No par
Allied
8,400
48% Feb
16
92
Co—
36
34%
16
1
96%
i.l
.
& Dye
35%
36'/4
Feb
Jan
46% Feb
-
36
35%
May
19
31% Mar 11
10
•-
—
36
35%
Dec
169
,
100
Allen Industries Inc
700
>
91
Oct
Nov
32% Apr
Ry
.n...T
Chemical
33%
102
40
20
323/8
34
common
176
193/4
32%
3,800
Apr
8
8% Jan
5%% i preferred A
100
$2.50 prior conv preferred-No par
Alghny Lud Stl Corp__
No par
Alleg A; West Ry 6% gtd
100
100
61%
105%
7
No par
Allegheny Corp
3,200
41%
inc
7
j
Vicksburg
I per share
10% Feb
10
Inc
Highest
share
14% Jan
No par.
4%% preferred
20,100
106
20
Aldens
40
4%
1741/4
32%
St
per
87% Jan
45
i
Alaska Juneau Gold Min
200
64-
41
*19%
7,800
•
36
♦104
20
Alabama
Lowest
-
16
8% Jan
::
10
_
•
*61
1033/4
10
25%
35'/4
64
103%
5
;
Co
Express
Admiral Corp
Air Reduction
<
•
9 per share
70% Mar 14
2.50
Adams-Mills Corp
7,200
Highest
•
No par
Co
Address-Mutlgr Corp
■■47.-
100
4
36
41
41%
32%
4%
*24%
Steel
Adams
Year 1946
'
;
9 per share
No par-
Straus
1,500
V
/ Range Since January 1
Lowest y
com
1,300
./
110
*98%
102
102
32%
98%
353/4
9
Acme
300
•
32%
*106
24%
*61
175
*19%
33
Motors
4,600
49%
8% '
t'
St
ACF-Brill
900
15/8
32%
v
•*
110
4%
4
42%
9
98%
64
42%
*19%
5
35%
*61
8%
32%
25%
4
61%
t'-i»
Abraham
5,100
•
Range for Previous
:v>
.Par;;
Abbott Laboratories
46%
14%
•
EXCHANGE
2,900
9
*48
NEW YORK STOCK
'
95
8%
*46
46%
•106
101
35%
36 y4
61%
-
32%
110
•25%
4%
*37%
32%
//>8%/. 8%'
8%
A
Shares
,
73%
*85
8%
46%
15%
•
72%
100
8%
99
*62
*90
105
27
99
4%
V*.-
73%
8%
8%
107
73
Sales for
the Week
9 per share
46%
48%
32%
109
9 per share
share
73%
*90;
Friday
Apr. 11
Apr. 10
8%
32%
.
"
5%
73
48% "
,99
33
33%
33%
per
Thursday
/pv
47%
•
-15%
32% : ,32%
<4, 9
9
105
8%
*47
47%
15%
*48%
■/9
74
8%
15%
*32%
73
*90
8%
47%
49%
15%
Apr. 9
STOCKS
•-/Wednesday;,
Apr. 8
f per share
105
*90
9
*48
v„
74%
47
47
•
73%;
105
*8%
■
9 per share
73%
*90
Tuesday
•
.
Apr. 7
17
May
60% Jan
41 v4
18
THE COMMERCIAL & FINANCIAL CHRONICLE-
(2010)
i.y.
.'li
•;
t
•}
■■■
i
•
..-J
-
* k
•
'\li
u.
ji
13%
120
120
*153%
153%
153%
48%
104%
i*1772
t
*13%
17
128%
•127
127
*122%
50
•88
85
107
107
,
107%
14%
55
32 V
/ 77
*31
33
*75
77
32
;
*75
109%
109%
109%
*101
101 %
•101
64%
•25
24%
23%
64
64 |
118%
*25
27%
*25
27%
83/4
9,9
16
16
16
26
25%
25%
23%
23%
22%
23
6%
6%
*16
17
♦26
26%
*25%
*23%
23%
6%
6%
6
.
47
31%
31%
Atl G & W I SS Lines
253/4 Jan
33%
109%
233/,
23%
45%
44
44%
•43%
217a
21%
21%
21%
133/4
13 7t
193/4
19
710
100%
233/4
23%
*62
62%
62%
*115%
9
-
640
<:
' 9
6
500
22%
23
'
300
25%
22%
22%
12
Oct
17
Nov
4
124%
Dec
153
4
May
125
Dec
148
May
Sep
58
Aug
Oct
121
May
125
134
*43%
44%
21%
20%
21%
13
13%
12 3/8
137a
18%
19%
17%
18%
44
43%
44
2174
213/a
217a
13%
12%
133/a
193/4
187a
19
1,500
Jan
112
2
Dec
46%
r
'
78
100
Oct
15
13
Oct
29 7e
59
.Feb
13
45
Sep
83
343/4 Feb
16
10
15
,2674
Dec
Jun
May
Jun
77
Mar 29
-
"68
Dec
13
39
31
Nov
•1077a Jan
15
113
Feb 13"
Feb .19 /
-493/4 May
94
May
51 % May
105
Nov
x9972 Apr
1307a
Jun
9
102
Mar 27
Oct
34%
Apr
587a Jan
115
253/4 Feb
13
14
'
227a
6872 Mar 19
15;
Jan
,
'
22% Mar 14
120
Mar 17
,
2772 Jan
123/s Feb
x533/4
Nov
114
25
973%
Nov
Sep
30
8% Mar 26
10
10%
•
10
187a Feb
18
16%
237a Jan
293/a Jan
29
18
203/4 Jan
16
273/4 Jan
27
157a
Oct
73/8 Feb
8
Amer—5
3
6
No par
43
Mar 25
Aug
25%
Nov
-
Jun
40 3%
Sep
13
jan
135
Nov
157a Apr
-5c
Co
Mfg Corp (The)
$2.25 conv preferred
30
Aug
323/a Jun
Feb
No par
($1.20)
36% May
183/4 Feb
2274 Mar 11
Avco
-
8
18%
Mar 17
?
No par
—
Automatic Canteen Co of
1,900
Feb
49
99 V;
No par
Corp——
prior pfd
Conv
100 >
Jun
May;
Feb
1127a
22
'—No par-
—•
Nov
4
11
Jan
102
July
Jan
5
preferred--—,
Nichols
Autocar
t
16,800
6%
6
6%
Tack
Austin
1,000
"
15%
25
*15%
15%
conv
Atlas
i
25%
15%
*25
4%
40
•.
Apr
65
323/4 Jan
——
-—
Atlas Powder
l
640
-
...
preferred
non-cum
Atlas Corp
27%
9
9
•.
3,400
117
♦25
27%
*25
>'
.62%
,
.
*115%
117
5%
Atlantic Refining
3,300
1093/4
99%
1
100
—25
4% coriv pref- series A new_-l00 JPreferred $3.75 series R new__100
■
200
1
34
9934
700
•
-
77
32%
Mar
14
172
Sep
13
17
62
*70
109%
6'%
45
46%
Atlantic Coast Line RR—^__No par
77
23
6
14 >>
13%
•:> 19%
207a
*45
1,100
99%
*22%
6%
3,600
53%
105
10
—
Oct
42%
13
3
14
preferred—
125
7
17
Jan
11
53
53%
5%
Sep
139
132% Feb
9
Apr
A T F Inc
32
83/4
A'pr
467a Jan
84 7»
share1
18% May
112
177a Feb
20
800
33%
16
Feb
107 %
14%
32
25
122
9 per
Sep
207a Feb
'
11
157a Jan 13
122
10ye
10
Feb
19
Highest
9 per share
24
Jan
110
">
6
55>? Jan
3
*105%
109%
25!
Apr
15% Mar
161
9
15% Mar 25
13
100
100
Topeka & Santa Fe_
16
,
5,400
100
*15"%
r
Jan
453/4 Apr
10372 Jan
No par
Co
13072 Jan
85%
*72
27%
preferred
Investment
30
1053/4
15
14%
63%
150
1
84%
*53
233/4
Assoc
Atch
Year 1946
Lowest
9 per share
11
85%
85
105%
33%
2d
1%
90
100
Jan
5
.—-1
100
100
Dry Goods
1st preferred
6%
xll8
No par
Corp..
Associated
120
128
48
;
117
117
118
*25
9
16
62%
65
117%
27%
9
9
9
101%
24 J
>■
*126
110
x99%
24%
110
X109
109%
101 %
64
118%
34%
Artloom
122
77
33%
300
4,700
*46
31%
♦70
109%
*118%
64%
*118%
31%
,
Arnold Constable Corp
13%
16%
122
14%.
77
200
13
48
54
101%
;
24%
24%
24%
34%
34
34%
34%
14%
54
32
1
75%
33 7i
18%
—.
15%
125
105%
14%
*53
105%
124
85 %
,
54
14%
14%
54%
*31%
84%
105%
87%
87%
Co
$3.75 preferred—
*43
47
47
48%
Cork
.250
•17%
128
127
122%
122
123
Armstrong
1,400
105%
18
16
128
•125
127
123
15
55
m
*13%
16%
No par
100
No par
No par
preferred—
120
46%
13%
*17%
13%
55>>
•14%
.
107
107 %
107%
18
•13%
*47
49%
87%
89%
•17%
13%
w
$6 conv prior preferred
share
12%Apr
6
Illinois—
16%
17%
16
Armour & Co of
500
153
45%
105%
*105
105%
105%
153
5 per
Par
27,900
119
47
16%
127
125
*47%
.
%
119
-153%
47
47
16%
-
127%
*122%
125
*47%
*153
106
17%
14
16%
153%
45%
12%
12%
-
120
*13%
18%
•17%
187a
16%
1193/4
153%
13
,
120
48
*105
105
i4 >•;
.17/l>
14
.
105
104%
*119%
119%
153%
47%
49%
123/4
12%
120
153%
47%
156
*48%
Range for Previous
Range Since January 1
Highest
Lowest
EXCHANGE
Shares
8 per share
9 per share
share
,12%
13%
12%
*119% 120
I
9 iter
$ per share
13%
13%
13%
>
share
Monday, April 14, 1947
•
'
9 per
I per share
;
i
Apr. 8
Apr. 7
Apr. 5
•#>
»■*
'•
STOCK
NEW YORK
\
the Week
Apr. 11 y
Apr. 10
Apr. 9
Sales for
Friday
Thursday
Wednesday
Tuesday
«/
j-r
STOCKS
LOW AND HIGH SALE PAICES
Monday
Saturday
--oi>#-
-
Jun
233/4 July
373/4
Jan
323% Aug
67s Nov
143/a
Feb
837a
Feb
Jan
13
49
Feb
8
41
13
iR%,Jan
13
243/b Feb
8
177a Nov
38"%
Jan
100
125/8 Apr
11
167a Feb
7
11
Oct
3074
Jan
177a Apr 11
12% Jan 13
257i Feb
7
187a
Oct
4774
Jan
167a Feb
8
69
Oct
.
B
213/4
227a
i'.:
» 14
19%
.
,
14
*13 7a
68
*65
4%
1474
137a
13%
13%
13
13
67
65
65
64%
64%
*64%
66
647a
64%
70
513/4
513/4
50%
513/4
51
51
52
52%
52%
52%
2,300
*233%
24%
24%
24%
*233%
25
24
24
24%
24%
24%
24%
700
*50
517a
233/4
*50
14
14
.
13%
700
'
*65
52
Z
,:•£ 23%
50
50
225/a
23%
16 ®/8
,
50
237a
50
233/a
% ■>'3 163/8
16
167a
«
9
487a
Oct
57
May
22%
5,500
Barnsdall Oil Co
5
21% Mar
8
243/4 Feb
7
21
Sep
31
May
16
3,500
Bath Iron Works Corp
1
15% Apr
9
197/a Feb
8
1874
Dec
393/4
Feb
20%
21
1,000
Bayuk Cigars Inc
Feb
7
217a
Oct
24%
Nov
473/8
47%
Jan
2
467a
Sep
73
1107a Jan
31
111
10874 Feb
47a%
150
21 >
21
2074
2074
*20%
21
*47%
48
4774
48
*47%
49
*105%
106%
10c
10572
1053/4
*105 7a
106
1057a
1057a
*104%
1057a
*104 7a
1057a
106
106
*106
1077a
106
106
*106
107%
*106
1077a
80
97a
*8%
874
2,700
36
36
35
347a
35%
36
35
35%
3472
35
14%
15
143/4
143/4
173/3
17%
163/4
17%
19%
19%
105
106%
34
100
100
1
xl037aMarll
Beech Aircraft Corp
Creek RR---
33/8%
343/4
35
Beck
140
2,300
14%
62
143/a
Beech
*105
'
4%%
16%
17
167a
17
6,000
Bell
Aircraft
18
197a
18%
19
4,200
Bell
&
*105
106%
*105
1067a
10
33%
25%
25%
32%
26
33
25%
3172
25%
257a
103
*99
101%
101%
31%
22%
303/4
30%
30%
30%
303/s
22%
22%
22 %
223%
22
91
90%
103
/> 31
*22%
91
V
32:%
33%
25%
*100
>146% 146%
90%
88%
*147
*146%
149
/ *60
>>*16>/. 16%
149
62
>j;. 16
>62
*60
t
90%
*99
16 r
32%
327a
.
8872
33
253/8
253/8
15
104
8
12
Jan
2
11
Nov
30%
Apr
33% Mar 12
40
Fob
17
307a
Oct
43
Jan
3472 Apr
9
39% Mar 31
14% Apr
ll
10
18
Apf
103
Jan
307a
307a
217s
30%
2274
22
89%
89%
146%
146%.
8974
148
*
*146%
59%
60
61
*59
15%
157a
,*153/4
1674
*15 7a
31
31
>30 7a
307s
*30
16%
16
16%
167z
16%
*59
m
10,900
146
146
59
60
400
16
16
500
\
31
31
16%
16%
*24
23%
23%
x23
23 74
23
233/4
24
24
*45
46%
*45 v
46%
*45
46
45
45
45
45
*44%
45
*15%
16
16
*15 7a
16
33
33
*30
33
*32
15%>33\/'-
21%
♦104%
>
21%
*51%
[
15%
1043/4
>
20%
2172
513/4
51
52
104
105 •
104%
58
59
59
30%
29%
30%
42
42 ¥4
1
463/4
>-*4%
: 363A
41%
>
463/4
4%
4%
36%
12%
*35%
11%
f
17% >17%
35%
.
3,700
Bond Stores Inc common--
29%
417a
43%
41%
44 %
*997a
1007a
500
36%
36%
400
Bower Roller Bearing Co.—
12
113/4
12%
5,800
93%
17%
92
92
1774
17%
7,700
3474
27%
337a
33%
4,700
2772
27%
2,400
America
Bridgeport Brass "Co—
Briggs Manufacturing
Briggs & Stratton
1,300
Bristol-Myers Co
26
12
I
121
*89
!
*1013/4
102%
20%
•
*20%
31%
20%
28
46
2,300
29%
30%
30%
2974
29%
900
29%
*1043/4
29%
15%
121
106
f
*1043/4
25%
953/4
*90%
>14%.
92 %
,143/4
>*7%
-4
v
73/4
83%
83%
17%
UY»
17%
107
107
263/4
263/4
*10178
10274
2074
19 r
31%
19
30%
1774
9874
*27
17
31
.
*9874
*92
94
*92 7a
94
*89
90%
*89
91
434 :>•> *43/4
43/4
183/4
183/4
•100
101
101
22%
223/4
.
:
1077a
:.t
9 per share
*27 7a
*53 74
547a >
♦5374
23/4.
73/4
*7%>
29
147a
15
122
.*
14% "
122
*46%
*27%.
122
47
*22%
233%
127a
127a
1274
290
Butte
101%
1,200
1017a
567a
55
1187a
*118
*333/4
347t
*44
46
16%
*38
17
39
283/a
15 >> >*,
For
footnotes
see
263/4
2774
54
27
27
1474
46
22%
*22
12%
12
:>
:
397a
page 27
267a
60
27>>
54 f"
44
.
102
*213/4
27
♦5374
.
27
1474
20
47
22%
*217a
227a
127a
127a
1274
.
27
.
*5374
>
77s
2774
1474
145/a
119%
1197a
7a> 47
*2174
2274
11%
57%
*1274
55
*53%
»'
11774
1173/4
1177a
*333/4
3474
*33 7a
34
423/4
43
*42
44
*42
43
16% -163/4
*3874
39
16 y8
1674
387a
387a
Oct
33%
Jun
377a
Sep
58
Jun
173/4 Feb
3
14
387a Jan
31
34
Nov
237a Feb
24
18
Dec
35
16
59
Feb
11
42
Oct
7372
15
116
Jan
101
Sep
Mar 17
Jan 13
67
Jan
52
Oct
277a
NOV
Feb
<
35% Feb
49 3/a Jan
427a
67a Feb
Mar
Jan
112
Apr
6974 July
48 74 May
573/4
Dec
Apr
613/4
Nov
99
667a May
Sep
36
49% Feb
1007a Mar 29
18% Aug
Sep
Jun
1073/4 Aug
11% Jan
3
4%
39% Feb
1
307a
Dec
357a
Dec
13% Feb
21
12
Dec
34%
Jan
Jan
3
72
Jan
95
Dec
96
Sep
40% Feb
11
137s Sep
307* Oct
31% Feb
10
23
18% Feb 27
203%
357a
Jan
42 5/8
Oct
Feb
537a
Jun
Jan
70
Nov
115
5
25
1
Oct
38%
2974 Apr
8
3674 Jan
7
317a
Sep
45% May
Oct
110% Mar
-
100
-
63
Mar 17
102
120
105 *
Jan
18 % Apr
3072 Apr
preferred—100
" 17
preferred—.
Copper
5
7
18
May
•
Apr
Apr
9%
17
3874 Feb
10
227a Feb
17
15
100
•
Mar 12
95% Jan
157/a Feb
33
7
Mar'17
108% Jan
6
4574
Feb
10874 Mar
46%
NOV
Jun
59% May
167s
Oct
Dec
111
Dec
Dec
1193/4 May
10272 Aug
13
26% July
213/4
Npv
6% NOV
75
-
20% Nov
105
4
r
/ Oct
10
110
Jan
3
99
25 3/4, Feb
8
9%
15
19% Nov
•
Mar
Jun
Jan
May
> 39 y4 May
Sep
10
15 3/a
98
4% Oct
> Oct
Feb
21% Feb
104
Jun
97
8
247a Feb
Jun
847a
-
8
3
Feb
227a
95 %
>
22
88
Dec
187a NOV
6
Jan
14
•
Oct
9674
•
Apr
25% May
99
Oct
2574
11
38 %
130
70 7a'Oct
18
1043/a Feb
4% Jan 27
1574 Jan 16
96
Feb
1
22
Feb 26
~
147a Feb
9% Feb
Apr
,
104 '
-100
—
Zinc—
&
Jan
23% Feb
Feb 18
80
10
—
Sep
120
307a Feb
Apr " 8
Jan
2
Jan
3
Feb
5
Apr 11
672 Jan
—_1
14
6
102 7a-Apr
9
17 •
957a
89%
90
* 133/4
f
Oct
10
Feb
8674 Feb
-
7
11
.
2074
3
18% Feb
727a Jan 15
263/4 Mar 11
5
'—L
27% Feb
Jan ; 2
99
103
Mar 22
>
123
11% Jan 13
1
Inc.
Co
105
14
16
Mar 26
15
—No par
.'
Jan
2374 Jan
common——No par
i—
35%
Oct
May
Jan
Feb
112% July
40
May
Range for Previous
Year 1946
y
Range Since January 1
Highest
Lowest
Lowest
157a
*3874
39
{
-
100
-
Capital
120
>
245% Jan
$3
*.
preferred
Carolina
300
Carpenter
4,8'00
Carrier
•
-
A
^
Carolina Clinch & Ohio
Power
Steel
&
Highest
Ry
Apr
3 >
3
Sep
77a
Feb
874 Feb
7
67a
Oct
123/4
Jan
30% Feb
,
53
8
7
20%
Oct
40% May
17% Feb
10
r
-
series
18
12% Nov
July
May
Feb
10
113
Nov
147
Mar 11
483/4 Feb
18
43
Oct
58
Jan
2274 Mar 12
257a Feb
20
24
Dec
25%
Dec
13
11%
Oct
22%
Feb
51% Nov
73%
Apr
12 yg
21 y4 May
117s Apr
■.
56
52
115
132 i.
153/a Feb
11
Mar 18
Jan lT
.
70-
Jan
.
12
100
5
58
29
Mar 15
—10
100
Apr
Oct
Jan
x55
1474 Feb
1
577a Feb
18
16
Jan 20
.
;
50
112
Oct
.
597a May
Oct
137
Sep
Mar 29
128 / Jan
9
337a Mar 25
3974 Jan
2
387a
Dec
42 3/4 Apr
9
507a Feb
7
39
Sep
10
Corp
Preferred 4%
—:
47%
45
25
No parA—1
class
t per share
Dec
116
100
No par
Light.Co
Co
14y« Jan,
27%
5
37a Feb
^
15
Ry Co
Administration
600
300
16
—
400
210
74 Jan
Canadian Pacific Ry
Cannon Mills
1,900
9
22
-5
Canadian Breweries Ltd
20,700
297a Mar
11
—
Southern
Jan
272 Apr
Canada Dry Ginger. Ale Inc.. 1.66%
$4.25 preferred
No par.
Canada
53-
1
—No par
Campbell W & C Fdy
>
26% Apr
—50
Calumet & Hecla Cons Copper
»
390
-
1177a
1674
8,900
;
per share
9 per share
9 per share
—No par
Callahan Zinc-Lead —
700
40
54
117%
34
167s
1
-
13
34
4,800
v
57%
583%
39
:
127a
12%
16
1874
24
2
par
12,400 '
•-
*45
5774
39
19
49% Feb
3
California Packing
5% preferred
3,200
54
*26 7a
■
>
2%
12%
■
2678 Feb
Jan
Shares
27
2%
123/4
44
.
>-•7%
59
*53
Apr
283/4 Feb
EXCHANGE
123/4
55
May
Feb
1097a Apr
(ATM).—No par '
Participating preferred—
100
Byron Jackson Co.
No par
-
400
22%
ifipef! share
119%
11774
30%
13
NEW YORK STOCK
:•
54
118%
55
46
Oct
13
42
No par
Sales for
58
»
NOV
1574
'
2%
23/4
7%> :.*7%i;
12
34
31
11
—
the Week
>
13%
117
27%
*45 7a
147a
6
10
36
10
No par
Friday
;
"t pershare
47 ; >
119%
Jan
x203/8 Feb
Mar
22 74 Apr
—
<■ Apr. 11
Apr. 10
27
143%
14%
8374
3
STOCKS
Thursday
*217a
56
.
X33%
27
119%
605/8
*55
X117
227/a
*45%
V
147a
40%:
23 v>
1274
*12%
34%
163/4
/
*100
■
*53%
1217e 121%,
47
46
167a
*39
*22 7a
Wednesday
Apr. 9 ,»
'
tper share
.
103
472%
r
HIGH SALE PRICES
73/8
56"
*44
227a
♦101
2%
119
3474
*22
7%
63
1187a
: >
22%
NOV
4¥2 Mar 14
34¥2 Jan , 2
97/a Jan 16
92
Apr 11
14y2|Jan, ■- 3
33 * Jan
3
267a Jan 14
Byers Co
25/a
13 3%
*105 7a
1,200
75/s
13%
3,100
4%
27a
61%
17%
177a
101
53
973/4-Marl4
:__o
Terminal
1067a
•5374
>>
com
Bush Term Bldg 7%
Butler Bros common
43/4
774
133/4
1774
Bush
-
100
1774
234
643,4
700
43/4
73%
*12 7a
*56
6,800
83%
173/4
274 / >:"
*033/4
1057a
i
43,4
27
122
*46%"
223/4
1057a
30
17%
I per share
547a
27a
v
'
43/4
~
23/4
*27 7a
106 7a
177a
23
187a Jan
10672 Jan
—
300
837a
Watch
173/4
Apr. 8
277a
*75%
173/4
*
14%
133/4
7% >-73/4
I
•
Bulova
43/4
Tuesday.
y> t per share
tlV*
106
73/4
837a
173/4
168
100
Burlington Mills Corp com—,
—1
4%
preferred
100
372% conv 2nd preferred
1100
372%
preferred
100
Burroughs Adding Mach
No par
«-
80
1774
22%
Apr. 7
28
17%
147a
v
73/4
*82
•11,600
.
47a
♦100
23%
Moftdar
Apr. 5
14
772
837a
313/4 July
1143/4 July
Dec
40% Jan 23
43
Jan
3
—
18%
LOW AND
Saturday
147a
7%
177a
.
173/4
183/4
101
*223/8
14
•82
.■
Feb
NOV
48 ¥2 Jan
2.50
Forge Co
*43/4
4%:>;
*173/41
907a
22
143
1572 Mar 19
32
Apr
1
17% Jan 16
Buff Niag El Corp $3.60 pfd
1100
Bullard Co
—No par
1.000
,
99%
17
Inc
preferred
(The) Co
Buffalo
-
1,700
30%
17%
98%
94
18
30%
300
19
17
907a
*
11
297/a Nov
85%
No par
15
Co—
$5 preferred
200
.
1027a
183/4
30%
Co
Bucyrus-Erie
420
27%
1027a
19%
98%
93%
:
-
99%
9272
14%
73/4
*27
10274
19%
30%
1774
*9874
83%
27%
102%
f>
943/4
*106
Budd
117a
85
17%
107
17,400
11%
85
*7%
173/4
107
7%
85
277a
14%
70
12%
63%
-
3,600
117a
*90%
:>
600
15%
1217a
85
*92
:
25%
1574
85
Shoe
6
Feb
No par
No par
No par
common
$3,60 preferred
Bruns-Balke-Collender
25%
85
of
21
2674 Jan
Oct
*
121%
8574
....
Brown
257a
117a
Corp
-33/4% -preferred'—
i
Brooklyn Union Gas—
106
113/4
17
.
*104
-
127a
98%
*92
95
*90% -92%
•
14%
14%
73/4
73/4
*83 :
837a
*108
16%
121%
16
*121
"
*92
106
25%
153%
1217a
*121
101 %
31%
17%
177/a
*987* 100
\
"
.;50
22%
'
983/4
45%
1097a
22%
19%
31%
45%
22%
1013/4
V
453/4
1097a
223/a
•263/4
!
453/4
:
*108
22 3%
Brewing
3572 Jan
66
5
2.50
-15
Braniff Airways Inc.—,
200
1087a
>
'■
16
.
27%
•
22%
253/4
.
85
-
28%
*263/4
29 74
277a
4%
1087a
106:
r 11%;
86
-453/4
.
223/4"
s, *25 I
15%
12% »,
*85
32%
937a
*474
*35
3
283/4
27
-15
-
4%
277s
46%
29%
(The)
11%
*91
109 %
*1043/4
Co
35%
275/a
22%
100
47a
'
,46%
Borden
3,700
3674 May
1127a Aug
527a May
Jan
29
113/a
33s/s
*108
7,500
443/a
1003/4
Sep
Dec
150
1
367a
33%
.
41%
43%
*993/8
24 s/8
963/4
11
13
14
11
No par
B
Jan
1
145
Jan
5372 Jan
153/4 Mar
307a Mar
157a Apr
207a Jan
427a Jan
104
54
4%
337a
22%
Class
Jan
3572
7
4
A——*—No par
class
Co
113/8
35
46%
Ami
♦357a
34
109%
Bon
58
102
283/4 May
17
Feb
5
Brass-
Jan
99
Borg-Warner Corp.—.
5
3%% cum preferred —j.
100
Boston & Maine RR (assented). 100
4%
36
27%
Aluminum &
Bohn
4474
35%
28%
41
'
1003/4
4%
173/g
26
v
41%
44
*99%
177a
102%
173/4
983/4
30
29%
17%
28%
"17%-
297a
29%
17%
*1013/4
*31%
70
17%
15%
16.
121% 121%
86
*20
58
17%
30 « 30
*104 3,4 106
16%
16%
*121% 122%
12%
12%
*85
*56%
58%
293/4
943%
22%
-
26%
*
430
93
46%
v
:
30%
30%
*1043/4 106
*26
106
93
109%
47%
23%
X106
117a
27%
109%
♦22%
1,400
17%'
>
28
47%
*108
>
35%
273/4
6,000
Apr
112
8
Inc
Laughlin
37
Dec
Mar 19
11
2.50
Bloomingdale Brothers —„—No par
Boeing Airplane Co
—5
&
50
11%
*93
Bliss
20
35
04%
1
No par
preferred
conv
19 s%
*56 7a
4%
36%
12
*93
4%
36%
..
Co
(E W)
$2.25
49
577a
4174
Bliss
503/4
577a
-
1,700
No par
20%
1067a
45
2374
Co—
Blaw-Kriox
50%
*104%
9972
6,100
2074
10572
44
16%
52
1057a
99%
300
.
100
preferred.
Oct
Mar 20
30
No par
20%
303/4
413/4
41%
46%
10034
*31
31
*30%
15%
23
593/4
29%
42%
45%
*15%
33
20%
*5072
16
a
16%
1047a
*58 1
*99%
100%.
12
*31
213/4
51%
57'.
*99%
33
*31
*1572
213/8
>
53
303/8
>
15%
*
31
(Del)
Steel
Nov
16 3/a
2174 Apr
887a Apr
—la
Bigelow-Sanlord Carp Inc—No par
Birmingham Electric Co^—No par
Black & Decker Mfg Co
No par
200
*31%
7%
110
16%
15%
-
Bethlehem
Oct
157a
2
39% Feb
997a Feb
1
Co
15
6
106
Mar 14
25
pfd $3.25 ser of 1946-No par
&
13
283/a Jan
1037a Feb
31 ¥2 Apr
:—No par
Loan
Best Foods————
400
16%
24%
>
>
Best
3,700
31
*30%
;
Cum
2,200
897a
883/4
16%*;:
-■
Beneficial Indus
30%
igl%
—5
Bendix Aviation.
100
21%
| 30%
*
5,700
2,100
102
173/8 Feb
2
9
25%
257a
*98
Mar
18 ¥4 Jan
10
100
-
2472 Jan
1474 Mar 21
Co
33
32%
25%
102
*98
102
.
110
7
'
33%
»
Feb
Jan
preferred
474%
Nov
May
1183/4 July
874 Apr
105
—No par
1
Corp—
Howell
.
10
Co new
Belding-Heminway
163/4
20
50
Beech-Nut Packing
2,500
,
pfd
preferred
conv
cum
Shoe
1067a
*19
106%
*105
34
143/4
24
4672 Mar 26
110
35
*1473
Mar 11
25
No par
Beatrice Foods Co
800
35%
35
143/4
874
preferred
197s
16%
19%
19%
105
*14 5/0
8%
*34
34%
15%
•105
874
8%
35
20
17
8%
36
173%
*14%
•19%
5474 Jan
50
51
48 f
*35
Feb 27
50
Jun1
153/4
>
;"
Dec
22
>
/
257a
51
47
36
17
237a
21
*35
277a Feb
21% Jan
May
16
487a
87a
13
6474 Aug
4172 Jun
51%
217a
874
8872
Apr
16
*46 7a
9
Sep
363%
13
22%
*50
*21
106
30
66
6
Mar
16
17
21
Oct
5
557a Jan
Jan
48
10
Brothers
Barker
123/4
Feb
3
60
22%
51%
22%
153/4
•167a
„■
—100
50
100
10
preferred
Bangor 81 Aroostook
Conv 5%
prefer/ed—
Barber Asphalt Corp
8,900
5274
14
*
Ohio
81
Baltimore
24,600
Works
Locomotive
Baldwin
9,000
.
147i Jan
13
1974 Feb
18
13 %
Nov
50
36
Jan
3
413% Feb
24
347a
Nov
!:
39%
61 y2
34
>60
May
Dec
Jan
Jan
Feb
y
v
Volume 165' Number
4585
*
%
THE COMMERCIALS, FINANCIAL
CHRONICLE
9
?
^"
,
(2011)
NEW
YORK
STOCK
19
RECORD
LOW AND HIGH SALE PRICES
Saturday
Monday
Apr. 5
*6%
$ per
7'/a
36
154
58
58
20
63/4
35%
36
*150
' 353/4
*150
152
150
57
57
57
20'/a
19%
20%
19%
107 %
*105%
107%
*146
*105%
150
150
*146
29%
*145
29%
21%
29
28%
20%
*21%
21%
21%
21%
ll3/a
11%
10%
11
97/a
9%
9%
115
115
*94%
*114
96%
*8%
9%
*29%
115%
*95
96%
*8%
30
21%
10% :.io%
x9%
113%
29
*11
13
12
12
*32%
33
32%
32%
17
10%
*84%
9
29
*27%
12%
96%
8%
*11%
*11
32
•
32 -vW
*113
9'
28%
12
200
30%
:
30%
17
16%
16%
16%
16%
26
16%
16%
*25%
25%
25
16%
16 %
*24%
25%
*24%
22%
25%
25
25
22%
22%
111
110%
110%
15%
15%
*15%
16%
*26%
27%
*26%
46%
46%
453/8
5%
5%
9
28
110
15
5
t.
8%
8%
8%
8%
8%
8%
8
45
•
23
83/a
V
7
6%
6%
6%
6%
13
6%
12%
12%
12%
12%
73/4
1%
7%
7%
13%
7%
5
*4%
4%
4%
*4%
4%
11%
7
8%
*6%
8
63/4
1,100
12%
2,200
7%
4%
63/4
12%
A
7%
7
A
3%
21%
20
•44%
45%
42%
44
44 %;
26%
26%
44%
25
26%
25%
25%
55
55
*55
56
*55
56
54%
55%
*52%
55%
*53
55%
210
14%
*14
14%
100
Chicago Yellow Gab
18%
100
Ghickasha
6%
2,600
45%-
27%
10
10%
10%
10%
9%
10%
35%
34%
36%
34%
35%
21
553%
*55%
553/4
*55%
56
*55%
56
54
*14
14
*14
14%
193/4
*18%
19
19%
55%
14%
*19%
14
20
*1;9
*55%
55%
'
63/4
7%
*40
7
41
7
41
.*40
6%
95%
96
93%
26
26%
26
26 Va
26
*107
109%
*25%
*107
26 3/s
413/4
*57
*92
39
94
93%
94%
91%
26
25%
26%
X25 %
*108%
109%
40%
41%
40'/8
40%
30%
30%
8%
8%
*8%
9%
9%
9%
1,200
8%
183/4
58%
97
37%
96
18%
58%
17%
*90
18%
*55%
96
18
18
*55
*92
97
*92
97
38%
38%
37%
38%
31,200
111%
111%
*111 %
112%
270
*65 Va
67 %
200
90%
*66%
*89
68
66%
108%
90%
*107%
67
108%
90%
51
50
50
20
20%
20%
50%
20%
36%
36'A
36%
363/4
36%
Monday
Apr. 5
*150
63%
—
44%
*152
20%
45%
45
155
153
63%
63%
'1,000
483/4
t per
share
151
151
*63%
'63%
*1,000
473/4
48%
102%
*38%
39%
38%
38%
38%
16
15%
15%
48 3%
15
102
102
101 %
102
38%
153/a
*19%
19%
19
19%
183/4
19%
*13%
13%
13
13%
13
13
*13
14%
13
13
151
63%
63%
*12%
*1000
47%
48%
102%
102%
38%
38%
14%
47%
Clinton
Cluett
St
631/4
<
Class
3,100
183/4
18%
18%
18%
18%
12
12
12
12
143/4
s
Co
A
15%
18,700
2,200
;
5%
400
cum
Colorado
4%
non-cum
4%
non-cum
24%
24%
900
35,200
11%
11
11%
11
11%
31
11%
11%
11
31
313%
11%
32%
32%
32%
19%
32%
33
18%
33
183/4
*18%
19
19
19
122
19
Co
35
1st
Carbon
Columbia
Pictures
com
410
110
23%
23"%
3%
3%
1213/4
121
1213/a
1203/4
121%
121%
29%
30
293/e
293/4
123/4
29%
12%
293/4
12%
12%
12%
12%
13
*33%
35
33%
6%
6
6%
6
27
27%
33%
27
107%
106 %
17%
106%
17%
17%
*106%
Xl 7%
106%
17%
13%
14
*13%
14%
13%
13%
473/4
473/4
47%
48%
48
48
17%
17%
17
17%
16%
17
33%
6
,
27
106%
17
106%
17%
*13%
163/4
14
xl3%
3%
122
29%
$3.60
Commonwealth
2,800
Commonwealth
1,900
263/4
33%
*32%
33
200
6'/a
57/a
6
4,200
Consol
27%
14,200
Consol
Edison
1063/s
800
16%
16%
1,500
16%
13 3/a
14
13%
47%
48%
47%
48
16%
16%
16%
163/4
16%
Congoleum-Nairn
Consolidated
$5
800
1
463/8
Inc
of
N
3,500
23%
24
24
24%
23%
15%
7,000
4,300
Consolidated
23%
14"%
Consol
15%
RR
36
15%
15%
36
15%
36
1,800
Consol
36
Retail Stores
113%
113%
43%
433/4
42%
43%
42%
16%
16%
16%
16%
*105%
16 3/a
107%
16%
*105%
107'%
*105%
107%
1053/a
106%
403/4
40%
40%
40%
1063/4
106%
106 3/4
*105%
*13
13%
12%
13
*52
53
513/4
52 %
93/4
93/4
9%
9%
39%
39%
38%
39%
16%
•47
16%
16%
15%
*14
*14%
15
*47
48
48%
16%
40
40
113
36
113%
113%
113%
230
42%
'43 Va
43%
43 Va
2,700
$4.50 preferred
Container Corp of
16%
2,800
Continental
16 3/s
>
105 Va
40%
40
108%
107
16%
108
123/4
113/4
11%
113/4
51%
51%
51%
8%
16
*14%
47%
9
37%
16 3/a
38%
16
14%
•14%
47%
9
11%
17
*
*68%
188
*6^/4
16%
16
16%
14%
14%
48%
*47%
13%
*13
.48%
14
*13%
53%
14%
*52%
53%
*104
28%
*41%
*50%
163%
16%
16%
163/a
54
54
16%
54—
16%
543/4
293/a
543/4
53%
54
29
28%
29
♦102
103
68%
187
I
*
69
187
6 34
6%
3%
3%
35%
♦104%
105
*102
68
*1873/4
63/4
3%
35
105
28%
28%
28%
*28
42
403/4
41%
40
*50%
see
52
page
27
*50%
103
29%
-102
293/a
103
69
67%
68%
189
1873/4
1873/4
6%
63/4
3%
*3%
35%
34%
105
28%
40
52
*103%
28
*39
51%
3
115% Feb
16
75% Feb
10
50
19
109
Sep
Sep
3
106
Jun
May
108% Mar
Jan-
99 Va
Jan
106
56%
Feb
Dec
3
393/4 Mar 12
243/4
Feb
39%
Nov
152%
Jan
165
•
Range for Previous
Year 1946
Feb
Highest
I per share
130
18
65% Jan
11
56
Jan
103% Feb
28
99% Mar 13
t pet jharo
Oct
61% Dec
200
"
42% Feb
2
x99
Dec
37
Oct
63%
10% Oct
233/4
15%
Oct
247/8 Feb
12%
13
Nov
41
Jan
Sep
12% Oct
39
Jan
38
Jan
28
47
Jan
47
Jan
12%'Jafl
16
18% Jan
16:
163/4 Mar 27
20% Feb 10
4
17% Feb
Apr
9
32% Jan 21
243/s Maf 17
2,200
3,500
9
8%
Sep
14
Jan
7
32 %
Nov
48
Apr
7
20
Deo
Jan
16
22 % Feb
79
Jan
13
86
9
50
Feb
.
Mar 21
413/4 Apr
Oct
8
36 Va
3
103%
25% Jan 31
Mar 11
4
Jan
19
2
2%
1233/4 Jan 29
106 %
Oct
593/4
Dec
July
32% May
53/4 Jan
Jan
9
33% Jan
2
29%
Sep
Sep
12% Apr
9
14% Jan
2
12%
Nov
24 Va
Nov
111
Jun
123
Nov
16
132
Feb
36%
Jun
18% Sep
40% May
25% Jan
13
303/4 Feb
8
30 3/a Jan
21
35% Feb
11
5
5% Jan
15
Feb
7
5%
Oct
103/4 Feb
29% Feb
3
24%
Oct
36
7
26% Jan 13
1
17%
20% Feb
13
15% Feb
10
133/4
54 V2 Jan
2
427/a
Jan
14% Jan
16
143/4 Apr
8
30
Sep
253/a July
233/4 Apr
;
60
May
Sep
47
Jan
17
1R3/S Feb
33%
16 Va
Jan
Nov
32
Aug
Jan
383/8 Feb
35% Mar 11
114% Feb
111% Jan
13
41% Jan
13
48
Feb
24
35%
Sep
15% Jan
13
20% Feb
10
12%
Feb
Jan
16
106% Apr
9
37% Jan
3
Mar
Feb
143/4 Nov
17"% Mar
17
May
1093/s Jan
Nov
Mar 25
22% Jan
V
55 %
105% Sep
20
xlU
101
Sep
1153/4 Mar
54%
22
Apr
July
109%
Jan
33%
Sep
537/a Jun
103%
44% Feb
8
1083/a Mar 28
8
Deo
Nov
113% Mar
9% Jan
13
j
473/4 Jan
20
54% Feb
3
83/4 Apr
353/4 Jan
11
12% Feb
21
41
Jan
8
2
,10
—-5 (
Insurance—i
Motors——
Continental
108% Mar 26
Oct
No par
Continental
1,800
33
13% Mar 15
46
No par
No par
-
Continental
33 Va
Oct
49% May
15% Mar 15
19
Feb
19
15
NOV
X23% May
18% Feb
11
—10
m» mm «• MM**.*
Continental Steel Corp
of
363/4 May
Apr
50% Aug
Dec
36%
47% Feb
3
78 %
13
115 % Feb
39% Mar 17
106
Oil
Nov
10
18
19
America
7,700
.
27%
Jan
Jan
12
3
preferred——
No par
Continental Diamond Fibre—-—5
20,200
:
Oct
Jun
32 % Jan
Apr
3
110
363/4 Jan
10% Mar 14
31
V
603/4 July
Aug
7
46 ■'
Feb
Feb
69% May
10
11
12
36% May
60% Jun
165
May
Lowest
Highest
$ per share
623/4 Mar 27
Del.j
1.
<—14
;
28%
103
-
68%
-188
103
;
693/4
188
*102
500
Cooper-Bessemer
80
$3
500
prior
Conv
■16%
r
/
1023A
69%
693/4
1873/4
1873/4
1,900
Steel
pref
5%
Corneli-Dublier
580
Corn
2,800
Exch
Corn
13 % Feb,
7
8 Va
Nov
18%
Feb
46 Va
Nov
63
Jan
Oct
24
Jan
90
Preferred
6%
63/4
1,500
3%
3%
1,400
Coty Inc
Coty Internat
;
4,900
Crane
104%
28%
100
'
35
Z%%
Co
28%
28
500
40%
51%
*40
Cream
of
41
39:
40%.
600
*50%
Crown
Cork
51%
*50%
51%
100
,
Wheat
&
$2 preferred
56
Jan
Oct
23%
Feb
55
Feb
5
9
20% Feb
13
Jan
7
■~J
14
323/a Feb
19
iv;
1013/4 Apr
2
105% Feb
6
Mar 25
753/8 Jan
7
Feb
7
_100
-25
67
Jan
mm'mimm mm
100
185% Jan
2
6% Apr
1
1
;
i
3% Mar 12
25
34% Mar 15
100
104
2
Jan
2
28
Apr
9
No par
37
Jan
16
No par
47% Jan
8
(The)
61
192
Oct
50
7
;
Seal-
Dec
12%
7
11
mm—mm mmm mm mm mm mm
Corp
Feb
46%
Feb
53% Apr
27% Jan
54
I
m* mm mm
30%
Mar 25
16
.
8
16% Apr
Corp
preferred
*28
3
20
-50
common—5
common.
28
47% Apr
13% Apr
13% Nov
53
14% Mar 17
;
Corp——1
Co
preferred--—
Products Refining
63/4
34%
Trust
3%%
3,900
3%
*1033/4
series
Corning Glass Works
id'
No par
-5
Co
Electric
Bank
6%
35 //'
34%
*103 5/8 104% ~
Corp—_A*o par
preferred
Copperweld
Xl2% Nov
52
'
Sep
60
Apr
27%
Jan
67Va
Jan
25%
Oct
39% May
101%
Dec
1093/4 Aug
75 % Dec
58 % May
Xl85%
Dec
210% Mar
8% Jan
9
7J/a
NOV
143/4
Apr
4% Jan
4
4%
Oct
7%
Jan
49%
Jun
'
'
40% Feb 13
V107
Mar
5
31
Oct
101
Nov
9
28
Sep
32
Oct
62
47
Dec
54% Feb
30
7
(
1
-
,
Apr
July
44%\ Feb
Sep
6
7
48% Mar
.
,
j
62
19%
Jan
154
4
77
22
16
27
S per share
144
113% Jan
;
24% Feb
17
Jan
52
67/v Feb 18
•
13 ?1
40% Jan
4V
24
Mar
101f
11
Mar 11
Jan
33% Jan
147
104
3%
35%
28
Jan
No par
—20
33/4
105
109
Jan
38% May
71% Jan
39% Mar 14
Jan
Feb
inc.—.*.-1
Baking Co
6%
-
Jan
Jan
$3.75
54
16%
53%
30 %
35%
52
*52%
17
543/4
3%
For footnotes
13%
16%
70
105
14%
-4.7%.
29%
189%
7
-*52%
14%
47%
*13%
...
54
293%
108
95
28
108% Mar
'
13%
543/4
,
16%
16%
*52%
36%
3%
36
9
38%
13%
103
52%
.
37%
53%
293/4 '293/4
•102
83/T
38%
13%
543/4
113/4
51
33 Va
15
*47%
Jan
-
pfd-*—ICO'
preferred——
Continental Can Inc
300
Va
*52%
*52%
Feb
105
17
_i
22
Aircraft-
6%
$5.50
7,500
-
9
14%
*133/4
40%
108%
52
9 3/a
383/4
30Q
-
40
12
51%
9
107
*107
107
53%
~ 17%
'
16
*102
40%
1063/4
51%
205
Feb
106% Jan
89% Apr
No par
Consumers Power Co
113%
ll3/4
38%
1,600
Cuba
42%
106%
"106
36
Vultee
of
113%
39%
178%
Sep
Sep
11
153/4
*113%
Nov
16% Apr
24%
163/4
Dec
15%
7
143/4
443/8
88%
106% Apr
23
113%
6
44%
No par
15%
43%
Mar
62
108
i,
-
24%
*16%
94
:
,May
No par
Y
preferred—
15%
*113%
22
9%
No par
Cigar
24%
36%
113%
;
Oct
27 3/8
20% Feb 18
3
Consolidated Grocers Corp—1.33%
Consol
Laundries
Corp
5
Consolidated Natural Gas
15
1,900
763A
X48
■
1
Sep
14
29% Apr
Coppermines Corp
106%
July
58% Apr
44 % May
No par
26%
106%
38 %
Oct
116% Jan
CO
26%
27
Nov
No par
25
Conde Nast Pub Inc
Edison
12%
27%
Dec
21
10
62
Southern—NO par
&
$6 preferred series
9,800
16%
36%
Jan
30% Deo
114
;; Feb
36%
-
253%
36%
May
141
108
32% Feb
11% Feb
28
*—100
253/8
36%
18
8
No par
Solvents--
*15%
363/4
Feb
<
•
Jan ;
,
53
?
21% Sep
20
28
ill
10
preferred
Commercial
57,800
v
297/a
Credit
12%
5%
27%
106%
86%
3
303/a
35
Oct
48% Jan 30
37% Mar 14
No par
No par
Co
8,200
*85%
3%
26
15
.>
6
Feb
• Mar 19
94% Jan
No par
Columbia
400
19
Columbia Gas & Elec—.
2,400
23%
273/s
29% Jan
111
9
109 %
6%
11
24% Apr
23%
89
23%
26
Sep
75%
4
109 %
1C8 %
36
11
$4.25 cuni; pfd w w
No par
Columbus & Southern Ohio Elec—10
110
6% Deo
,
11
16 Ve Feb
Commercial
27%
105% Feb
17% Feb
1,300
*33%
25% July
10
2,800
6%
Oct
18
7% Mar i
fe:"- 42% Mar 17
10
43%
27%
14
13
11% Apr
40%
6%
Jan
11% Apr
43%
26
25%
preferred-—100
40%
26%
Dec
2nd preferred—100
43%
26%
j'
Jan
Jan
„
No par
20
preferred-
40%
27
Jan
673/4
:h
42%
26%
(
59 %
Dec
Range Since January 1
40
122%
27
37%,Jan
Dec
14
lEjVa Jan 16
No par
;
,
11
Lowest
88
122%
'
153/4 Feb
21
Feb
8% Apr
STOCK
40%
*12%
Jan
76%'Feb
2
16
84
No par
100
42
30
12%
Jan
43 Va
Sep
47% Jan
50
40
3
823/4
Sep
Jan'
14
30
—50
413/4
23%
Sep
15%
NOV
Jau
,
No par
1
*85 J/4
*122
303/a
363/4
gtd_—
41
109
313/a
34%
17
45
Feb
108
.
V}
Jan
55
x25% Apr
—100
42%
27%
f
J.
40%
3%
38%
11
86
5
42%
23%
7
153/4 July
11% July
Sep
53% Feb 13
28% Mar 6
9
43%
110
38% Feb
11%
;
J
Feb
57% Feb M
13
413/4
3
Sep
3% Oct
8
>
653/4 Mar 25
24% Jan
41 J/4
23%
33%
I
56% Feb
40% Apr
43%
*109%
Oct
6%Feb; 4
Jan
14Va July
Jan ■'
■lOtff 17%
7
14% Feb
Columbia Br'd Sys Inc cl A——2.50
Class
B
2.50
2,000
24%
*24
11%
3%
7
Oct
Jan
8
40
Southern--*--—,*--100
10
31
233/4
e%
30
:.'
.
7% Nov
11%
15% Feb
10% Jan
5% Jan 25
,
/ 9% Oct
;
9% Jan 1 2
8% Feb
1
.
'
Jun
Apr
15% Jan
.
i—100-
Inc..
&
conv
&
220
24%
109%
66%
18%
26Va
No par
Colo Fuel & Iron Corp—
13
24%
3%
29
37% Apr
*11%
24%
23%
123/4 Jan
47% Jan
11%
24%
3%
Oct
No par
11%
24%
24
25
Oct
47/a
6
-
Colgate-Palmolive-Peet
14
*85%
Va May
17% Mar
483/4
$3.50 preferred
No par
Collins & Aikman—No par
12%
*24%
109 %
Apr
2
14
————;—No par
12%
25
41%
Jan
32
3
20% Jan 16
—5
Oct
,114
Oct
7% Feb
No par"
(The)
11%
25
43%
25%
Sep
12%
30% Mar 10
Louis
12%
25
110
Nov
Jan
543/4 jan
No par
i
Industries
Coca-Cola
100
48
12
25
88
213/4
105
,
Coca-Cola International Corp No par
18%
25%
*85
25% July
43
3
Par
300
63%
12
*25
88
Jan
Nov
10
9
54% Feb 24
100
Jan
14%
23 Va
Feb
9
Jan
Shares
share,
151% 151%
15%
13
*85
51%
2
Jan
EXCHANGE
330
25
88
Sep
\
Feb
7
27
>
,!
May
Apr
Co„ 10
Machine
Corp—-
NEW YORK
S0C
24%
*18%
Mar 14
<
37%
*11%
11 3%
Sales for
103 %
14
19%
42%
*'24
28 Va Jan
54
8.50'
i
Peabody
the Week
47%
25
31%
common
—■
Preferred
37%
25
*17%
1,400
2,100
*101%
*12
11%
Jan
102% July
23% Jan
21% Jan
8
41% Jan 16
—5
Jan
116
.
4% Apr
—25
preferred—
45%
48%
13%
31%
Apr
13 Va
23
i—10
L
Jan
173/4
45
100
i—
July
29
V
Dec
13
Special gtd 4% stock
Molybdenum—
155
$ per
38
25%
*106%
5%
*1000
25
*18%
23
20% Feb
Jun
23
,
Nov
313/4
1103/4 Jan
Climax
15%
12%
6
38 Va
Sep
11.
Jan
,,161% Jan
Dec
26'/a
11
_
6,000
*101% 103%
38
/
18
35 % Mar
Jun
8%
11
1——No par
Clev & Pitts RR Co 7%
40
v
Friday
63%
__
*12
*33%
50
15%
14
*
Mar 25
/
89
Feb
Ry Co—*—100
preferred—.
100-
20%
443/4
151
14
27
Si
373/4
*152
$ per share
151
*63%
143/4 Feb
STOCKS
25%
12%
C
20
Apr. II
*12
30%
•
*49%
C
*37
155
*25%
122
120
20%
.38
Apr. 10
$ per share
*150
110%
Apr
Clave Elec Illuminating com_No
par
$4.50
preferred
——Ne par
Clev Graph Bronze Co
(The)——1
60
89%
Thursday
Apr. 9
*1,000
473/4
102%
3%
108%
89%
45%
*152
Wednesday
Apr. 8
$ per share
154
48%
154
Tuesday
Apr. 7
$ per share
*1,000
453A
*151J/4
4
95% Apr
1
12% Jan 31
33
Jan 30
14
Corp—
LOW AND HIGH SALE PRICES
Saturday
*623/4
45%
*49
*107%
92 T
50 |
*49%
20%
36 Va
Sep
108
:
Equipment
5%
38%
1123/4
*89
46%
97
38%
20 Va
154
*92
C
111%
*107%
Copper-Co
Clark
39
36
45 3/4
5,300
180
108 3/a
9
-.,-1.25
No par
City Ice & Fuel
;
City Investing Co—
5%% preferred—'—,
City Stores
i—
58
*160
37%
*151%
17%
58
180
203/4
47
17%
*55
68
2
22
Oil--
Cincinnati Milling
C I T Financial
i
*170
20%
154
96
1,400
112
1083/B
*46%
*90
57
38%
112
Oct
10% Jan
116
Feb
30% Apr-11
No par
Preferred
253/4
97
109
*151%
25%
180
*92
108%
*50
96
25%
109%
*160
*65 Va
91
25
*108
180
68
*90
*90
18%
*56
*170
39
112
8%
*90
Sep
Sep
8 Va
16
Co
Cinn Gas & Elec
1,700
25
Cotton
Chrysler
6,200
30%
175
112
IChilds
Chile
6,700
30%
*24%
20
2
109Va
Oct
r
-
40%
109%
20
19
Jan 13
11% Jan 17
-No par
$3 conv preferred——!
No par
Pr pf ($2.50) cum diV—No
par1:'
16,400
25%
30 %
*108%
*363/4
*152
94
40%
*92
52
93%.
14
No par
preferred
Chicago Pneumafe Tool
30
30%
*56
91
41
25%
*65%
*50
*40
30 Va
109 Va
68
*90%
6%
41
25 3A
.26%
109
*108
6%
*40
41%
9
*165
111%
6%
40
18%
30 Va
96
39 %
111%
*65 Va
6%
19
40%
18%
97
*18%
*14
21% Feb
22% Feb
c('29
,
■30%
*90
180
14%
Sep
138
„.
No par
5%
100
■
25
9
593/4
*160
2,100
2,200
*103
30«/8
9%
18%
44
26
'
4,700
42%
25 %
i»*/4
26 Va
41
30%
*8%
18%
36
20%
443/4
25%
413/4
41%
96
6%
40
14,600
25%
*44
19
28,100
^
103 Va
*25%
30%
*90
*18%
41
96%
20%
*14
6%
*40
96
233/4
1,400
10
32%
323/4
104%
14% Jan
A.—8% Apr
9
Chicago Corp (The-)—*.
-i.—1
7% Mar 11
Chicago Great West RR Co
50
6% Jan 13
5% preferred-*—50
12% Apr 11
Chio Znd & Louis Ry Co cl A—25
7
Apr
9
Class B
■
No par
3% Apr 11
Chic; Milw St PI P vtcNo par.; 9 % Apr. 11
Series A preferred—.—
—100
31
Jan 13
Chicago & Northwestern
No par
*17% Jan 13
ll
10%
6
Jan
Clasis
33% *
33
Nov
25
Co!
21%
27%
110
RR
10 3/8
'
183/4
22%
—
3,400
4%
East 111
32%
45%
*41%
7
&
Jan
81% May
23% Sep
'
24
13
Apr
Jun
Nov
6
1
Mfg—*-1
22
*55 J/4
*43%
:
7
Cab
11%
22
*85
2,100
8,400
8%
Chic
54%
55
183
10
3
8% Jan
10% Jan
Nov
Nov
153
Apr
*
13
Jan
31 Va
No par
Co
34
*33%
15%
1,900
8%
90
S per share
Oct
32% Feb
2
1123/4 Jan
Chesapeake Corp .of ■ Va——-a——5....
Chesapeake & Ohio Ry——
—25
11,700
13
13
7%
4%
400
/
4%
8%
Checker
151
14
100
Products
Belt
R
108'/a 7an
►
7
Jan
ser_100
Champion Pap & Fib Co
$4.50
preferred
800
26%
46«.
t
4%
8%
8
6%
12%
73/4
26%
Chain
80
I
14
453/4
5
8%
8%
7
13
27
46%
5
Certain-teed
1,500
111
14 .."
Corp-No par
preferred—100
Sugar Co
:
MillS———WO per
Cerro de Pasco Copper,
No par
300
22
*110
153/4
45%
8%
22
111
*263%
....
5
8%
(22%
*14"%
45%
•;<
4%
8%
*110
15%
*26%
45%
5
22%
110%"
110%
•-
27%
45%
5%
9
8%
16
-
*26%
36%
*5
110%
*15%
22
Feb
64
21% Jan
.
10% Apr 11
9% Jan 25
Century Ribbon
7,800
7,000
16%
25%
22 3/4
7
2§% Jan 16
Central, Violeta
i
13
8
21
6%
39% Feb
17
20% Jan
8
158% Jan
;
10$% Apr 11
E
Cent NY Pr Corp pfd 3.40%
tCent RR of New Jersey
200
*11%
&
Apr
: 143% Jan
1
Central 111 Lt 4%%
300
31%
23
*110
-
30/
12%
:
22%
22
Hudson G
*27%
*25%
17
Central
16
Highest
t per share
73/4 Feb
Mar 10
i7% Jan
20
No par
Assoc—
Jan
57
L
Aguirre
Foundry Co
283/4
30%
preferred
1,200
96%
8%
8%
6%
Central
Year 1946
Lowest
$ per share
13
xl48
100
Central
Jan
34
-
'—100
preferred
1,200
114%
•94%'
6
1
25
Corp.—..JVC par
2,700
,
93/4
93/4*
2nd
Celotex
300
•
21%
10%
9%
7%
4,800
21
114%
*27%
12%
20%
Range for Previous
Range Since January 1
Highest
t per share
'
30
28%
21%
*8%
132%./
'
152"
28%
'
Par
Caterpillar Tractor
No par
Celanese Corp of Amer com_No par
/ $4.75. 1st preferred
,
No par
14,000
,
;
Lowest
.
300
*203/4
*9%
l
STOCK
Carriers & General Cbrp
case (J I) COPreferred »—
2,600
'
106 '•
10%
*113
1,100
19%
20%
io3/4
96 %
19%
28%
*21
114%
*94%
29%
32
93/4
*113
9
*283/a
*12
10%
93/4
96%
*8%
29%
21%
10%
114
*95
9
21
93/4
57%
*149
YORK
EXCHANGE
2,400
10'
151
57
105%
NEW
,
6%
•
?
Shares
„
35%
*149
'
151
28
•20%
-
V
106%
150
21
6%
35
-19%
*105%
28%
$ per share
151%
19%
149
28 %
*203/4
Sales for
the Week
6%
57%';: 58
106%
149
283/4
203/4
•
Friday
Apr. 11
•
33
*149
:
19%
*105%
*21
9%
57%
18%
150
>
29
21%
*20%
2o
107
6%
35%
'
150
,
$ per share
6%
35
35
58
*lC53/4
*20%
6%
152
*57%
Apr. 10
$ per share
63/4
STOCKS
Thursday
Apr. 9 \
$ per share
7%
35%
Wednesday
Apr. 8
sl),are
*6%
36
*150
Tuesday
Apr. 7
t per share
Jan
43% Feb
8
52% Mar 27
t
110% Aug
35% Jan
* Jan
) i
THE COMMERCIAL &
(2012)
20
STOCKS
LOW AND HIGH SALE PRICES
"
Saturday
>>,>'/
$ per
Apr. 8
Apr. 7
Apr.
share
t per
$ per share
, .
28%
28'/4
28%
28%
27%
28%
107%
*106%
*106%
1143/4
107%
115%
*106%
*114
108
114%
*114
"
30%
*88%
1C0
£0
17%
47
130
68
•
87%
67%
.
,v'-f^;5%'
18%
.
25%
25 ,Z
84%
85%
28%
103%
*17%
*126
128
65
68
•66
18%
65
700
25
25%
25 %
24%
24%
25%
1,300
Feb
Apr
Dec
37% Feb
13
29
88% Dec
Jan
29
34% Jan
6
163/4 Apr
11
21% Jan
49
98% Feb
6
101
56
Apr
y4 Oct
160
Jan
165
35
Oct
66
Jun
95
Oct
106
Mar
7
Jan
24% July
45
Sep
5
10
Nov
4
103 u
Oct
146%
Feb
Mar
1
60
Sep
-76%
Apr
Oct
12%
6 3% Feb
8
20% Feb
9
Jan
28%
Feb
70
129
129
Feb 18
.24% Apr 11
16% Nov
5
5% Mar 24
18 % Apr
17
7
Feb
135
14
Jan
2
12% Feb
8
13
46 V*
6
19% Feb
8% Jan
Feb
115% July
Mar 12
165
13
113 y8 Jan 16
Oct
Mar
7
Jan
Mar 11
22
543/»
Jan
Jan
40
r-1
pfd___100
No par
A
Cutler-Hammer Inc
2,000
25
25 %
Class
Cuehman's Sons Inc 7%
110%
150
96
—
1,400
Sep
Sep
15
60% Jan
Apr
40 V4
103
110
16
47
t per share
8
Jan
11
17
Oct
25
128
8
165
,
134,
>*J30
t34
8
108% peb 24
11
Apr
Highest
t per share
273/4 Jan
—
13,800
5%
18%
18%
18%
♦130
40
5%
5%
9,900
9%
128
*64
66
5%
5%
18%
18%
*130
134
25%
25%
5%
200
50
9%
*126
128
600
17%
*46
9%
9%
9%
9%
1,600
104
17%
48
48
48
*46
128
3,700
16%
♦100%
18
84 3/4
100
100
Cuban-American Sugar
10
7% preferred
-—-100
Cudahy Packing Co
30
4% % preferred
100
Cuneo Press Inc
8
Cunningham Drug Stores Inc—2.50
Curtis Pub Co (The)
No par
$7 preferred
No par
Prior preferred
No par
Curtiss-Wright
1
Cuba RR 6%
43%
33% Jan
Feb
28 Va Jan
-No par
Steel of Amer
Lowest
$ per share
9
Apr
114
preferred
preferred
5%
500
180
43%j
44%
*100%
103%
17%
16%
*165
180
43%
Crucible
104%
JVopor
—No par
2nd
$4
27% Apr
5
Corp
preferred
preferred
$4.20
20
28%
*27
17 %
16%
*165
44
*17%
26
26
2,500
86
*100%
134
26%
26%
26%
26%
30
*27%
180
47
♦130
134
*130
134
*130
5%
18%
5%
5%
19
19
29%
30%
30%
*85
17%
Crown Zellerbach
540
86
44
9%
•128% 129%
66%
66%
5%
5%
18%
18%
130
68
130
130
116
28%
17%
9%
9%
9%
9%
9%
1:
18
48
18%
*47
18
*47
*18
;
*100%
103
107%
30%
*165
45%
103%
17%
44
45%
*100%
103
*106%
*113%
*85
180
*165
28%
t per share
Par
3,600
116
*27%
17%
17%
17%
45%
45%
45%
*100%
29
180
*165
'
88%
29%
*28
28%
107%
*114
116
30
share
28
28%
107
114
30%
85
89%
17%
17%
17%
30%
31
*28
29%
*28
*165
>,
30%
89%
30%
•88
114
$ per
share
Year 1946
Lowest
Shares
107%
28%
27%
*106%
;•
t per
share
$ per
share
Range for Previous
Range Since January 1
A Highest
STOCK
YORK
EXCHANGE
the Week
Apr. II
Apr. 10
Apr. 9
NEW
Sales for
Friday
Thursday
Wednesday
Tuesday
Monday
Monday, April 14, 1947
RECORD
STOCK
YORK
NEW
"
—
FINANCIAL. CHRONICLE
5%
8
17% Oct
Feb
18
30% Feb
1
82 y4 May
Jan
26
Feb
34y4
Feb
Oct
145
July
Dec
45
May
128
'
25%
D
*25%
94
19%
32%
17%
37%
•20
;
t.
Decca
4,000
Deere & Co
Preferred
185/8
18 5/8
1,900
32%
32 3%
20%
163/4
16%
17
.
111%...
19%
.
32%
32%
5,500
111 %
111%
30
32%
1113/4
112
,.195/8 1195/8
195/s
17
17%
.17'
17 !
36%
/
36%
353/4
36%
36%
36%
36%
35%.
36%
*35%
36%
39%
39 */4
38%
73/4
7%
TVs
:
37
40 3/a
38%
40
383/4
38%
7%
7%
8
7%
73/4
.
*35% .36
I
,
<
73/4
Sep
29
Feb
13
17
Dec
Nor
34
16
20% Feb
24
16% Nov
&
Denver
'
35% Jan
Apr;;; 1
28
6
Sep
Jun
July
98 y4
Nov
May
:
31% May
36% July
17
113% Jan
13
16
'23% Feb
11
16% Nov
34% Apr
16 y4 Mar 15
20% Feb
11
17
Nov
22%
Dec
35 V Jan 16
403/4 Feb
10
31%
Dec
58%
Jun
38% Feb
20
333/4
Oct
42 y4 July
6
25 y4
Sep
50%
Jan
3
6%
Oct
16 Va
Jan
28
Apr
18% Jan
•
34% Jan-
9
.34% Jan 13
; 6% Jan,, 3
50
,45% Mar
10% Feb
110%
Jan
113
West RR
Grande
Rio
31%
.100
& Hudson
Delaware Lack & Western
6,600
Mar 18
-
110% Feb
—50o
Records Inc
Delaware
3,200
39
)
18
91 y4
20
_20
18s/a
10
28
13
ji16y4 Jan
No par
1,500
18%
30% Jan
943/4 Jan
16% Jan
•
Corp
Cum
400
7%
:
2,300
173/4 > 173/4
20
37
36
*36
1,800
18%
19
2,43/4 Mar 11
92
—1
pfd 33/4% series A
100
Davega Stores Corp N Y —5
Davison Chemical Corp (The)
,_1
Dayton Po.wer & Light Co. (The)—7
4%%
preferred
100
Dayton Rubber Co
—_50c
Dana
50
94
*173/4
37
*40%
41%
•
7% :Vl 8 <.
■;V
i63/4
37%
*93:
18%/.:
20
:
«,
93%
39%
371
*39%
»
,
■ir
17
37
;
.
•93
'111%
112
x20
20
...,
93%
,-187/a
32%
19 Va
32%
313/4
•111%
17
:
f
32%
112
1
20
20%
i7%
37%
1111/#
19
301/4
1«%
32%
♦
111
111
\
18%
*18%
*173/4
-
18 :> -
:
•;
93%
94
*93%
94
18
18%
19%
32%
18%
w
& 25%
*93%
26%
*93%
-
25%,
,25%
.25%
'
35%
*34%
:,• 27%
:
.<?*
*60%
-
P
:b
:
67
-
*19%
27%
11%
12% '
11%
12
33%
35
33%
34%
2,600
Preferred
24%
24%
245/s
243/a > 243%
9,700
Detroit Edison
20
*44
*61
67
*19%.
19%
*19
19%
♦19
19%
20
*19%
20
*19%
20
♦19%
20
263/4
38
45
45%
45%
45%
20%
21
21
21 Ve
213/4
22
22
22
14%
14%
143/8
13%
14%
*30
160%
160%
*112%
113%
19%
*16%
*28
28
'in
17
*r
» .11*
17
*17
*96%
*16
17
29
*28
30
16
163/4 Jan
3
*1267/8
127%
115%
*114%
115%
'*
17%
>■
111%
113
200
$4
Dresser
100
33A%
16%
15%
.
600
Dunhill
100
Duplan Corp
28
28
183%
186%
127%
127
127
115
115%
80
16%
800
Friday
Sales for
NEW YORK
Apr. 11
the Week
114%
17
m
17
16%
300
$4.50 preferred
Duquesne Light 5%
.
if'/'iai Apr. 5 "•■"•
i
P
>1
22%
..
..
.<24
j22%
.
I
!■'
"4
37%
36%
22%
23%
35%
35%
*192
23%
50%
50%
"•
23%
23
*105
106
22%
.23%
22%
no y4
6%
£'; 6%
3%
:
6%
13%
13%
37%
3%
16%
15%
167
166
166%
165
165%
152%
148.
148
149
149
51
16%
51
18%
18
17%
17
35
34%
107
►
29%
29%
29%
28%
29%
28%
102%
102%
102%
103%
102%
*
•23
36%
,36%
8%
36%.
,
8%-.;
8%p4
*8
*8
*8
.
33
343/e
29%
29%
103
Johnson
10,800
300
$5
227
Dec
133
5
112%
Oct
116%
3
13%
Sep
583/4 May
Jun
July
Feb
May
21
109%
108%
108%
270
3%
9%
54%'
86
,10%
4
*82
21%
17%
17%
16%
17%
36
36«
8
*8
;
35%
8%;
.
8
<1
2,400
5%
Erie
Bldg
RR
Evans
'<17%
7% :
>
1,200
Ex-Cell-O
300
v
Exchange
73/4
106 Va
18
653/4 Feb
13
Oct
NOV
27%. Dec
Feb
114
6% NOV
16%
50%
Oct
80%
Jan
Feb
5
123/4
Dec
353/4
Apr
10
343/8
Oct
48 3/4
Jan
3y4
Dec
Oct
7*%
Jan
v
3% Jan
14
13%
29% May
193/4 Feb
8
Feb
24
138
156% Feb 24
128
Sep
Sep
40
Oct
56 yB
Jun
44% Sep
613/4
Jun
21
113/4
Nov
30%
Feb
170
Jan
4
Jan
3
51% Apr
10
180 y2 May
167
July
24% Mar 19
Feb
55
l53/« Feb
15
4
6
17%
Dec
43% Mar
8
17
Nov
21%
Apr 11
38
2
107
104
Sep
Mar 21
2% Jan
Apr
Mar 24
Oct
Jan
111
Oct
41%
2
102
Sep
Sep
106%
Jan
110% Jan
2
104%
Dec
3% Feb
13
2»/4
Jun
111% Mar
53/4 Jan
33% Feb
18
21
100 y4
1053/g Jan 11
110
2
Apr
Jan
Mar
110
12% Feb
3
Oct
23%
Jan
53
Apr
9
67
Feb
3
48
Oct
93
Jan
85
Mar 25
85
Mar 25
90
Oct
95
10
Oct
22%
Jen
15%
Oct
333/4
Apr
21%
Nov
58%
Apr
93A Mar 31
.
19% Jan 1L
13% Feb
24% Feb
163/a Apr
ri
1
-•
25% Jan
42% Jan
9%
8;
7
7
9
10 Yb Jan
35
Corp
Apr
16
9
11
2.50
7% Jan 17
Fairbanks Morse A Co—Jfo par
i-5 50% Apr 10
Corp:
17%
15
163/8Feb
X1073/4 Mar 20
_5
;
Buffet
17
40% May
112
Aug
213/4 Feb
106
—5
Co
Eversharp Inc
10,200
■
36
35
:
8'
Products
Oct
101
19j/2 Jan
33
50
1,100
Feb
23% Deo
4
103'A Mar 14
100
2,200
71
17% Mar 11
No par
Co
Oct
•
16% Mar 15
5
10
25
100
common——No par
Pitts
Apr
Aug
8% Feb
28 % Mar 11
pref series A
&
4
Jun
209
27% Feb
3
Jan
61
Nov
39
Feb
39% Jan
31% May
190
111% Feb
16
30% May
263
7
48% Mar 15
12
Nov
Highest
$ per share
30% Jan
200% Oct
4
25% Feb
109
Sep
16%
3
30
11
13 Ve Mar 25
Jan
19
Feb
'
Xl02% Mar 20
Eureka Williams Corp
17
353/8
*73/4
RR
>22%
173/4
25%
.
Erie
>iio%
103/8-;
16%
8
9,300
87
"22% "22%
35%
>
53%
*82
87
10 3/a
im-
•
4,400
10%
54
9%
53%
87
23%
-
6% Jan 13
Jan
57
.
X104
53% Jan
$ per share
196% Feb 27
Jan 15
Jan
7
x22y8 Apr 11
1 109% Man 15
No par
No par
preferred
tEqultable Office
3%
10%
54
3%
53%
*82
3%
33/8
10
10
22
v
1
com
$6
3%
14
No par
109
Year 1940
Lowest
246% Mar
Mar 311
Corp
preferred
1093/4
53
483/4 Jan
—3
preferred
Engineers Public Service
109%
3%
7
23
4%
103%
28%
29%
103
Endicott
1,100
107
*105%
107
Jan
47
Empire District Elec Co
110
10%
17%
18
600
51
9
13
143
Gas
$5% preferred
*82
>
17%
36%
.
A
1,000
17%
500
54%
55
\
17%
17%
Natural
1073/4
23%
18
17%
Paso
*107%
3%
23%
Oct
24% Apr
?9
Jan
"
No par
15
El
18
103
17% Jan
34% Apr
153
Emerson Electric Mfg Co
Emerson Radio & Phonograph
13%
293/a
19% Jan 16
.
6
1,000
107%
9% '•'. 9%
*
Nov
124
243/4 Feb 21
3y4 Jan
3,100
107
97/a
.
25
161
t per shara
t per share
.
143/4 Jan 13
51%
108
3%
10%
6
Apr
19% Mar
No par
Light
preferred
107%
9%
10% "J
,
$6
107%
3%
10%
6
No par,
No par
109%
•109% 110
23%
10%
14
Jan
11
13%
18
*105%
103
A
Power
107%
107%
87
Jan
16
Apr
41% May
5
115% Feb
34
353/4 Apr
51%
13
*33
107
103 %
*83
128
3
Electric Storage Battery
Elgin National Watch Co
700
13%
35
105 %
36
106
700
173/4
17%
>
194% Feb
13
Jan
333/8
10
Feb
11
33
No par
$7 preferred
2,200
*17%
18
17
87
Oct
Jan
—8
(The)
common
preferred
51
51
13%
13%
Conv
150%
21%
*50
Auto-Lite
150%
51
13%
55
15
113
.
Co_—
Nut
Electric Boat
:
1,500
21%
18
37%
Electric
t
165%
51
*29%
1
10
1
—;
164%
22%
17%
55
Feb
^100
preferred
Ekco
^ 1;
4 %% preferred
1653%
51%
*102%
*83
19
Apr
\
100
Electric
150%
17
*54 %
11
28
Elec & Mus Ind Am shares
22
13%
4;
116
180
190
9,700
50%
18
9%
Oct
Range Since January 1
Highest
cum
1,900
150%
13%
3%
91
100
Co
33/b
50%
18
9%
19
Range for Previous
153/4
16
22%
13%
3%
15%
98 % Feb
Lowest
3%
153/4
50%
*17
107
*
*21 %
51%
50%
51
3%
16
18%
:
30
Dec
Oct
118
22% Jan
1243/4 Jan
STOCK
15%
3%
165
3%
21%
110
55%
3%
3%
16
3%
50%
*109%
Jun
100
.4
700
*35%
36%
Kodak
Elastic Stop
2,600
353/4
21%
107%
4,400
353/4
22%
108 %
500
6%
55%
36%
51
108
55
;
13 3/a
22
37%
111%
215
4%:%
•3,500
36%
50%
♦106
14
Edison Bros Stpres Inc com—
109%
>6%
6%
*6%'
"22% '
>109 *
i
13%
151%
38%
114% Feb
13
__5
■
X22%
23
110
36%
50%
107
106 %
*105
106%
22%
13%
151%
•37
10
Mar 25
18
No par
60
55%
50%
*17
Jun
preferredEaton Manufacturing Co-
500
13 %
151%
*106
22%
55%
166 %
13%
22%
•
*35%
166%
13%
50
Eastman
6%
1,400
50
-
13%
166%
*18
192
94% Jan
15% Apr
lafle-Picher Co
—10
Eastern Airlines Inc.
Eastern Stainless SteeT Corp—^JI
>
20
193
*190
56%
3%
51
108% Mar
Feb
Par
1,800
13%
16%
52
238%
238 %
23
*109%
6%
A
■
-50%
*105
110
>.35%
55%
..
16%
*51
Feb
Dec
Nov
143%
EXCHANGE
3,100,
19,400
1,500
55%
*3%
*22%; 23
106%
.22%
*109%
>22%
>
193"
>.
-
-
16 %•
193
50
23%
*105
239
*23
51
22%
24%
36
22%
23
238
P239
-195
*109%
.
*36%
23
35%
238
50%
,
22%
195
*192
„
.
293/4
16%
63%
2
20
Shares
v* per share
share
22%
239
238
239 % 239%
P240P *40/v
..194
194
> ;> *192 - 195
;• i .*51
51
•151% '51%
*23
.24
*23
> 24 '
5
*104
.104' . 104
105%
:
23
.'
23%
23%
23%.
v> *109% 110%;
►109% 110%
•'
6%
*6%
7 i'.6%
56%
57%
*57%
58 %t
13%
13%
.*13,%
13%.
f
-
38
•36%
per
22%
22%
f,
23%
22%
•
mW
I
share
34%
22% -22%
23%
•
-
'24%
$ per
I per share
22%
23%
,22%
-
3.7%
*
Apr. 10
Apr. 9
Apr. 8
t per share
•'
Thursday
Wednesday
Tuesday
Apr. 7
'Sterihw*
Jun
7
STOCKS
LOW AND HIGH SALE PRICES
Monday
,
37% May
111% Jan
-No par
1st pfd
Sep
*
■
Saturday
;
A Co
-
x233/4
Apr
Mar
11
—1
(EI)
-
48
Feb
100
DWG Cigar Corp
114%
Du P de Nemours
4,200
623/4
NOV
Jan
No par
29
185
76
Sep
25%
181% Jan
gQc
International
21
52
48%
13
30
NOV
8
159
No par
preferred
conv
37% Feb
Mar 14
66
common—No par
Industries
Feb
143/4 NOV
Apr
-No par
-No par
Co
preferred series A
5,000
97
18%
18
*96%
16%
*127
17
17
17
17
113
Chemical
184
183%
127%
*114%
,
Mines Ltd
Dome
Douglas Aircraft
Dow
*28
184
1833/4
*126
115
17%
29% Jan
1,700
16%
97
16%
183
128
>
-0
Corp
3,800
19
8
10.
34
2,600
97
Jan
July
28%
543/4 Apr
18%
18%
2
24
7
71%
*96%
11
8
160%
*111%
97
*28%
29%
115
18%
16%
.
1853/a
128
113%
18%
97
97
115
*111%
18%
13% Apr
29
.2
25% Apr
71
18%
Aug
34 y4
49% Jan
160
18%
Sep
Oct
50
16%
-No par
72
159
160
42
13
A
159
18%
71%
71%
71%
113
18%
18%
18%
159%
Apr
25
Pepper Co
Class
Doehler-Jarvis
73
50%
Jan
24% Feb
18% Jan
353/4 Feb
6,000
19
Oct
50
2
11
34%
18%
34%
2
17
Apr
33%
71%
128
128
180
9
Jan
18
Jan
-No par
-No par
34%
113
184%
400
Apr
.2
Distil Corp-Seagrams Ltd
Dixie Cup Co common
12,100
34%
19
*29
,
(/-■£■ ',185% 185%
14
29
34%
113
17
17%
13%
29
34%
1603/4
*96%
•99
*96%
14%
30
Dr.
159
18 3/4
13%
30
1,200
160%
ll3
19%
14
27
73
71%
160
39% May
3
47
38
20
Motor Car Co
T
53%
193/a
183/4
19
73
Sep
31% Feb
Feb
43% Jan
No par
preferred
partlc
27
343/4
19
6%
Diamond
1,200
53%
34%
*71%
21
26%
253/a
23%
10
Match
54
35%
Aug
25% Apr
1-
Raynolds class A
Diamond
26%
25%
24
12.50
&
Devoe
*53%
34%
Oct
22
26
25%
15%
25
54
35%
2
193/a Feb
25%
25%
Dec
Jan
_5
54
25%
19%
21
543/4
25%
77
Deo
3
Steel Corp
54%
54%
53%
31
*30
31%
♦30
32
54
Oct
16%
17% Jan
900
45%
20%
30%
13%
*30
35%
;;
*45
393/a
60
24
60
800
46%
Oct
13
Feb
13
1,500
38
393/8
*53%
.
26
38
46
'
-iM
25%
38%
453/4
23
Jan
60 / Jan
De Vilblss Co
25%
39%
38% Mar 22
27% Mar 25
9
,
38%
♦39
24 %
Detroit
300
25%
•45%
143/4 Mar 24
8
; 32% Apr '8
20
Apr
;
26%
38
14%
,
26%
263A
23
*22%
*61
.
-11% Apr
100
"when
Detroit Hillsdale A B W RR Co—100
67
45%
•
67
*61
19%
*19%
27
27
2,300
67
19%
'
u
11%
32%
24%
38%
38%
,
19%
♦193/4
20%
*27
11%-
32%;
24%
*62
67
*19%
.
11%
34%
.
Co.
100
"when issued"
Issued"
(The)
11%
243/a
,
s243/4
*60%
:-
>20
*19%
'.;i
1
x24%
35
34%
27%
;
32%
12
12
12% '12%'
p.:
f;
9y4Mar
*
34% Oct
7
Oct
8
Jan
63% Jan
11% Jun
■
•
■
>/, ";'•■• <A-
kk
•P-P-
"
'
.
(
,
;
*52
*29%
>
30
7%
i
:•;,
V
22%i
51%.
•
12
21%
>>
v;
57
56%
17%
31%
♦107%
*36
16%
*20%
21%
107
.11%
7%.,
223/4
■.
21
107
106
22
53%
53%
54%
54
54%
17%
17%
37
.
55%,
106 3/4
53%
> 54
*17%
; 18
>;
24
••
•
Federal Light A
$6 preferred
'
1
30
100
Federal
500
Federal-Mogul Corp
4,200
'
106%
.'-•410
"23%
23%
1,300
223/4
54%
54%
54%
55%
54%
1063/4 1063/4
2,100
553/4
106%
54%
17%
17%
:i *53%
17
Ferro
"V
17%
31%
30%
30%
30%
30%
30%
30 3/8
5,800
108%
108%
108%
108%
108%
107%
108%
90
16%
16%
16%
22%
*20%
35
♦34
i6%
16
16%
*16
16%
A
22
*21
22%
■A
22
-
*20%
.
37
16
...
,,•16
20%
21
13
13
v
19
>
12%
$4
.
t
20% A 21
2,300
200
21
19%
20%
19%
20%
18%
19%
13
123/4
123/4
123/4
12%
12%
12% •
12,000
2,800
i
Co
Florida
.
Stove
Power
Co
—No par
I__
Corp
.4 Florsheim Shoe class A
Follansbee
Steel
Food
Stores
Fair
Corp
-
.
.
..
—No par
—No par
—
-
11
Jan
3
24%
25% Feb
6
Sep
7% Deo-
:
20
88
/May
36% Feb
193/4 Jan
1 i
26% Jan
t
C
Sep
100%
;
Sep
Oct
Feb
112%
543/4
Feb
Oct
21%
35"
10%
21
NOV
104'
Sep
*
'
Feb
>26
8
104% Feb
.22
Apr
8
54V9 Mar 15
105 % Jan 10
■/-; 53
17
Jan
Apr
30
11
30%'Apr 11
1053/4 Jan
35
Apr
13
9
26% Jan
4
59% Feb 28
61
Feb
i
i
45 .•>• Dec
Jun
34% Aug
(
21
19% Sep
49
Oct
51
Nov,
108
:
Feb
\
34% Mar
f
,
Feb
j
83%
Apr
>
109%
70
Jan
1
6
52
Nov,
70% May
!
21% Jan 29
16
Nov
28% July
107 y4 Jan
60
Jan
373/4 Jan
3
2
110% Feb 25
41% Jan
105%
33%
7%
Mar 10
17% Jan
6
16%
—No par
20
Mar 14
23
Feb
7
20%
Mar 28
14% Jan
13
23
12% Jan
17
153/4 Feb
13
Dec
25% Oct
105
6
16
10
■>•>
6
Mar
,55
14% Feb
—No par
Inc
/ 21Ve
Jan 29
108
42% Mar 7
52% Mar 15
Carpet Co_—. —No par
(The) com. —No par
preferred
Florence
100
35
*34
35
Flintkote
20% Apr
!7
X21% Mar 18
Firth
(The)
•
.
1
:9% Feb
5
.1
Mfg Co
Corp
Stores
-
313A Feb
47% Nov
.
26% Feb 10
~
National
21
Jan 30
107% Jan 27
900
30%
V
Enamel
Jan
iiy8 Apr 11
60
•
6
100
preferred
First
*107%
37
conv
200
31%
*35%
ft
800
3,600
v
54%
108%
37
__2
Co
Fidel Phen Fire Ins IT Y-. ——10
Firestone Tire A Rubber..
25
4%% preferred
100
'
\
4%%
900
54%
—
Smelt
A
Felt & Tarrant
*22
53%
Min
Federal Motor Truck ———No par
Federated Dept Stores com
—•
1,600
22%
55%
?2
Apr U
102% Mar 19.
89% Apr
7
TractldiL--——
No par
1
1
50
22%
*106%
25% Jap 16 :
63/4 Apr-11
i
Farnsworth Televls'n A Rad Corp.l
1,200
.
11% ?im
20%
21%
*106
_20
6,800
7%
22
Fajardo. Sug Co of Pr Rico
39
*37
50
•;
107
*106%
21%
,107
*23%
..
>
2,200
5,400
31%
*20%
23
•106
-30
63/4
P.O
.
52%
108%
*35%
|
54%
*106%
«
A 11%
>A2t'A
-
22
17%
it-
•11%
21%
106
22%
;
283/4
•
■
50 P
11%
f
51
38%
22
55%
106 %
*49
23
17%
,r
*105%
23%
54%
223/8
*37
23%
V106% 106%
7%
49%.
24%
57%
'
38%
1,
23%
106%
7
22%
106%
♦37
11%
17%
13
♦22%
7
54
21%.
283/4
11%:'. >
54
13
283/4
49%
55
21
283/4
.7
'
21% .21%
•106
*106%
V
•
283/4
39%
55
16%
52
24%
>53 <
55%
47
31%.
50%
107 PP' A *105%
57
108%
51
50
50
:
22%
503/4
23
-
106%
•
11%
>: *37%
50%
21%
54%
*106%
39%
%
24%
y
24
-
7
*105%
107
50
*106
r
24%
*53%
♦55
v
22%
* 107
24%
*23
'■
22%
11%
:
*106
22%
39%
i
12
-
29%
7%' :
V; • *105 %
40
*50%.
r
29
.*22%
I
*39%:
=
52%
51%
29%
;
105%. 105 % v
.
51%
.(,7%
c
7%v:: >
22%
.i!
51%
29%
-7%
152%"
Sep
Oct
Sep
Oct
46%' Jun
115
Jan
1
57
Apr
f
20%
Jun
29
Jun
Feb
>-11%
Jan
21%
12 y4
Oct
23% May
Volume
Number
165
tooc
THE
COMMERCIAL
NEW
& FINANCIAL CHRONICLE
YORK
STOCK
RECORD
LOW AND HIGH SALE PRICES
Satnrday
Monday
;
Apr. 5
;
I
26
*80
26
♦25%
26
20%
*25%
45%.'45%
31%
15%
6%
1
Y
20%
10%
10 Va
j
*14%
15%
*18
18«/4
*
.
7%
{
7%
*37
i
17%
17%
*101
109
14
/
14
•101
♦105 %< 110
17 y2
7%
16%
16%
-i
Tc:::
108
:
13%
13%
*105%
51
51
113/4
11%
11%
*173
175%
•173
14
13%
14
13%
11%
12
11%
*74%
43%'
28%
423/4
28%
158
75%
43
28%
158
75%'
158
75
75%
*43%
29
158
35%
35%
35
35%
35
35%
43%
42 y8
42'/a
42%
42
42%
42%
48%
48%
*129%
130%
*117 %
*48%
49%
♦130
118
59 Va
13%
48%
♦130
130%
1181/2
♦118
118%
56%
583/4
56%
75
200
127%
127%
128
128
128
104%
104%
104%
16 »/4
104%
16%
16%
*16%
20%
21%
21%
3%
3%
14%
27%
*133
4%
*133
4%
34
*24
*104
.
106
32
*94
30%
Gen
33/a
3%
14%
141/2
1,400
23,000
27
26
26
*133
137
*133
137
137
*133
137
4%
4%
223%
221%
223/8
22%
33
33
33
33
24
22%
*104%
106
*104%
30
31
293/4
95
96
*94%
30%
29%
30
29%
30
30%
i
105%
*55
27%
63%
103 %
53
513/4
53%
51%
*106%
107%
1063/4
1063/4
107%
18%
7%
37
♦35
15%
31
31%
30%
105%
9%
9%
*32
13%
43%
24%
159
♦58
63
1
157%
19
♦6%
6%
*86
173/4
4
4%
7%
7%
36%
"
173/4
41/a
4
700
16,900
2,000
7%
15
7%
7'/a
36%
*35
15
500
*35%
36%
15
15
303/4
303/4
30%
105
93/4
"9%
*93/4
32
32
32
104%
r-i
.
105
30%
30%
*1033/4
"10 *
170
;.
10'
32
1,300
300
r
13%
13%
13%
13%
13%
1
1,700
41%
42
24%
24%
*153
24%
24%
24%
24
24
1,600
40
156
30%
29
6%
29%
*153
156
63
*58
x70%
70%
193/4
*18%
19
18%
183%
Preferred
'
Green
•
700
283/4
29%
27%
103%
103%
24%
103 Vb
103'/a
23%
23%
23i%
3,000
6%
6%
6%
6%
6%
6y8
1,500
Guantanamo
29
210
11%
10%
861/2
10%
86
*10%
103/8
10%
11%
10%
♦10%
11%
103/4
10%
10%
10%
103%
7,600
10%
103/4
11
10%
103/4
40%
40%
♦40
423/a
600
$6
61%
61%
61%
61
613/e
7,400
Gull
40
40
39%
401/4
*40
61%
62
61%
62%
61
89
833/4
86
130
Monday
Apr. 5
Apr. 7
9 per share
♦34%
,
17%
17
*16 %
,
106%
*22
♦152
Oil
100%
8%
8%
*7%- 7%
3(R8
30%
Z *26% 27%
*193;
104
*8%
'!
;
8%
i
■
*39
.
•25%
38%
39%
*•106% 107
:~'i- 54
!
"
*
*
39
54
'
?
y
*
•132 V4
22
*127%'
<■■■■•22% ■
129
f
22%
24
*
30%
25
25-
25
: 17
♦22
:
43
i
;
*22
'*•
22 %?.
*50
For footnotes see
••
«■
30
-
•
•155
•
*
41%:
15%
Hall
103
103 y.
170
*105
105 y2
170
21
21%
*152
129
80%
Mar 25
124y4
Nov
132
105% Mar 31
101%
Dec
103
Dec
15
Nov
29
Apr
40 y2
Jan
19% Jan
6
26
Feb
8
4% Feb
8
16 % Jan
6
21% NOV
>
7%
2% Oct
?
Y
140
-
30
83/4
65/a
6%
200
100
8%
6 3%
600
•
-
3,400
;
3o%*
26
26
104
-
*103
39%'
106 %
.
.
30 y8
26T
104
39%
39 >/4
106%
106%
-57.
\
*55
159
*18%
1063/4
19
*79
r
-*18%
;
57
129
23 y8
'
23%
•28•23
25
19
'
\
433/,:
"
Oct
24%
8
23% May
Nov
48
May
Oct
150
4%
Oct
'11%
Apr
Feb
20%
Oct
26 Va
Jun
29
Jan
Vv 47
124% Jan
29
101
Oct
132
35% Jan
2
32
Nov
30
1
137
36% Jan 23
22% Apr
9
103% Jan
28
104% Mar 11
29% Apr
9
40% Feb 11
103
Jan
/
Feb
2
108
Mar 31
98
Feb
27% Mar 10
32
104
Apr
22% Apr
1
38
30
Apr 11
Apr 10
5% Jan
119% Feb
7
X102
Mar
51
Mar
33
106
Oct
56 Va
Dec
58
116
104
'
Jan
25
6% Feb
S
Jan
25
Mar 15
13
29% Feb 26
102 V4 Jan
9% Apr
31
33
107
10
3/
Jan
2
28
f
5
6
3
5
3
23Y
75% Jan
16
21% Mar
70
Feb
5
-
NOV
*
13%, Dec
.IDec
Dec
13%
Dec
;:21
40%
22 y8
a
Dec
33%
>
/
.
:
28%
-
*23%
;2i%/
213/4
413/4
15%
:f/v *50
-42%"'
e>;.i5%
51%
•
15%
.
51%
Jan
54% May
'27 Va, Feb
Y 40 Va Jun
112
.'Feb
12%
■
163% Jan 27
8
12 y8
Oct
Oct
Not
;
101
18;
Apr
17% Jan
Feb
.16
5%
10
14% Jan
Jan
Oct
5%
12%
27% Mar
Mar 20
Apr
30y4 Mar
49% Feb
:
Mar
43
:
10?
Mar
107
;
19% Nov
6'
87% Feb
13% Feb 26
23% Jan
Jan
Apr
Y/;77
.113%
Sep
2
14% Feb
Mar 28
41
Jan
16% Mar
"
88%
Nov
8% Mar 27
41-
-
-
Sep
50%
Jan
47% May
Nov
100%
:
Jan
Jan
151%
Nov
105 y4
61% Feb 21
3% Jan 10
'
59%
Apr
May
8%
Nov
Nov
27
v
r
10
6
May
108
Oct
6%
15
/24;Y Jan
35
Apr
53
7
Feb
2
12% Jan
Sep
Y 42%
36%
108% Mar 28
17% Apr
104%
Jan
100
.71% Feb 11
5
Oct
102% Dec
2
4
.
Jan
7
123% Apr
Apr 11
106
Y 118
Sep
22%
57% Jan 24
7
Feb
6
26% Apr
9
58% Apr 11
Feb
JunJ
•
96
6
103
3
;
Feb
Jan
49% Jan
Mar 11
54
5
60
Apr
111
Nov
102 y4
105% Jan 20
11
100
Jan 22
Jun
46%
Oct
32%
{
July
49 V2 May
24% Oct
105
Mar 31
94
27% Apr-11
102% Jan
22
Oct
Y 64
.
35
.
v
Feb
' Jufl
34% Jftir
NOV
188 %
158
Oct
55
Oct
:Y 79
Feb
61V* NOV
f 105
May
a
.7"
5
20%
38% Jan
6'
105% Feb 27
4 /
Jan
;
14
6% Apr
83% Apr
1
-1
No par
No par
No par
Dec
Apr
20% Dec
,
7
27% Feb
30%
547/a May
Feb
102%
111
.52%
Dec
Apr
13%
Oct
23 y2
3
8% Jan 10
11
0% Oct.;:
80
Nov
Jan
Apr
89% Jan
2
10% Apr
11
14% Feb
3
30 Va
Jan
10% Jan
13
14% Feb
1
12%
Dec
13%
Dec
38% Jan
16
48% Feb>
7
31 y4
Oct
78%
Jan
63% Feb
8
56%
Sep
78
57% Jan 16
108
9% Sep
-
Jan
*
May
Range for Previous
STOCK
4ft
Hecht
400
112
Feb
Jan
Jan
ApV
11
160
Jan
27
x98% Jan
14
Jan
13
8
J)
100% Apr
12
8% Feb
6% Jan 36 /
x30
Mar 10
100
Jan
9
106
1
.
:
30
20 y8
Sep
151%
Nov
33
8
Y
11:
Y
Y' 60 % May
Y, 16%
Sep
8
Nov
29%
2
28 %
101
42% Feb 13
.
•
..v.*
29
7ft
18%
58
*80
;
29
' •
.
25% Y •'
.
50 Y
.
*22
;■
24%
'
18%
57%
:
.
•"24%
16%;
-
•
41%
Hercules
Hercules
2G>
-
:
129"
n
25%
21>
42
f'
-14% -15%
.
17
Hewitt-Robins
Hlnde A Dauch Paper CoF1r*« Co (G E) i, The—
..
? 300
,
YY
700
8,100
t
4,800'
,
Holland Furnace
Hollander
''
Inc
A
(A).
Holly Sugar CorpHomestake - Mining———
Houdailie-Hershey com.
68
Jan
" 20%
15"%
Apr
Jan
36
Oct
Nov
Nov
.
>
Dec
51
May
109% Mar
:
8
Mar
1
130
■)'. 82
Apr
132
Jan
29% Jan
5
Y
49
„.
49
300-
$2.25
preferred-
130
32
Feb
29
Jan
29
23% Mar 15
/ 31% Jan
2
16
7
/
19
Feb
-76
Sep
106
123
Nov
146%
22
3
x21 <" Apr
11
/
25
Jan
25
35 V4 Jan
23
/
43% Apr
2'
14% Apr
11
19% Feb
1
>
S.
Mar
—49
"
Apr 11
72 Va- Apr
139
10
8
Apr
Jan '
38%
a
Jan
4
10
24
Aug
;46% Sep
133
26
Apr
•
May
Jari
39 % May
Oct
*43
Ndv
-May/
41%
-21%
Sep
22%
Oct
••
18
Dec
.
40
22
Sep
Apr
37 ya
a
■'
Jan
Y192
17% Nov
5
76% Feb 26
;
Dec
22
Jun
•
'
■
-
34%
34 V*
a
Sep
i2ya
'May
Oct
56
t
May
Jan
28% Feb
*
•
169%
Jan
Dec
(■■■
■
90
r
Oct
Feb
63
Dec
44
V 105%
Dec
22% Feb
165
16
10
22 / Apr
28V2 Apr
j 61
Jan 29
125% Mar 11
—
(Del)
Sons
.
-
Jan 16 /
131% Jan
preferred————
900Y
Y'/'Y 500 /1
(
.
1,800"
Jan
-
54
Hershey "Chocolate—^—.
$4 conv preferred——_
200
Apr. .7
Apr
1
157
preferred-
Motors
Powder________
800 Y
YY (
29
VI6I/4
;--5ft
54
W)—
non-cum
900
,81/
23
,
(G
1,800
r
24% ;.24%
x21
Helme
1,300
157/
♦127%
16%.-/
21%
21%
42
-42%
15%
15%
50
551/4
Jan
106%
.
41% Dec
103
Apr
34% May
170
Aug
5% Nov
8
13
Oct
99
7
109%
Nov
8
Apr
<119
Jan
30% Jan
107% Feb
Jan
105%
103 Va Mar 11-
Mar 31
Aug
26 Vs
30
35% Jan
' z
13 •£'.
37% Mar 14
Co
preferred.—i
Feb
24
V
Oct
Jan 27
.39% Jan
6.
10% Feb
3
3
Mar 20
8
/
Oct
103
160
33% Apr
•preferred,,,,;. *
cum
24%
Oct
17%
Jan 22
Nov
15
4
108
40y8'May
35
4
5
21
;
Jan 11
19% Feb
19
25% Apr
(H
3.65ft
180
•
29
5
Mar 12
105
Co
Heinz
1,000
•
!
9
10
y
fper share
6 per share
tper share
Apr 10
16% Apr
103
Apr
conv
9% ft
f
34 y4 Apr
16
Highest
Lowest
Highest
I per share
No 1
Watch Co
Year 1946
Range Since January 1
Lowest
Hazel-Atlas Glass CO—
2,100
'
'
*132%' 134;
80% ,80%
*127% 129
23%
23%
24%-' •; *24%.
>163/4%. Y *l« '/4
•",♦16'%
"
•
57%-
;•
31-
*150
Y:
29
;
25%:-
.
•
55%
•132% 134
811
'
*127%
-55%
♦153 Y 158%
573/4
■
Jan
14%
"
31% Feb
Feb
6
;
preferred—
:
Eanna (M A) Co $4.25 pfd—No \
Harbison-Walk
Refrac
No;
6ft
preferred
—i
Hart, Schaffner A Marx
Hat Corp of Amer class A
4% ft preferred
—J
Hayes Industries Ino
Hayes Mfg Corp.
Y
1,500'
8%
*98
9
39%
.
55.
•
Feb
8
:
Printing Co.,
(WF)
Hamilton
800
-
333/4
*8
100%
-v.
160
333/4
8
30% -30 Va
•132% 134
»
"
*50
Jan
Sep
47% Oct
26
Water
Hackensack
700
1,900
33%
*253/4
39%
54'-;
24
•
•
15%*"
i' 51%- /
page 27
25
100
16%
16%
*83/4
*102
,*33 3/4 ,35%
.
160
6%
1P6%/106%
54%
■ptXtfg IT
22
22
•
15%"
'
51
"
Jan
123
114
■Y;
129
24
<•
63/4
30% *30%
25'% -25%
'104 '-
•«;j 39%
*
22%' 22%
'
43? * '43%-
43%
•16%'* 16%
*50
..
J
-
*102
-
-58%
*283/4
:
" 25 P'Y
17*: s •17'
f
17
22%
30%
""♦24
25
-
.
8 s/a
6%
:
-
135 !/a
6
11
Feb
F
21%
*99
'
*29
25
39
134
*127%
t
"
•29
100%
h
80% ; 80%'
*
128 3/4"
-
1063/4
57%
/
81
-*99
7%* :. '
Dec
Feb
65% Feb
30% Jan
2
112% Jan 22
32% Feb 27
-No par
100
Shares
16%
8
8%
126
131% Feb 25
X122
6% Feb
26% Feb
EXCHANGE
16%
*33%
83/4
.
Aug
31
No par
SB
NEW YORK
105%
-
♦152
33%
*8
■
.
160
.
333/a
8%
19
57%
132%
•127%
•152
26%
19
57%
132%
*80%
21%
159
132%
,
21%
30
' :
-57%
.
21%
104
•*155
'
19%:
.
-
•57
81
105%
-
,
•132
*80%
106%
100%
106%
•••
54%
19%
*105%
21%
*25%
'*102 %
'
>155 Y 159
19%
,19%
30
>
-
107
*53%
57
*255
159
104
103%
8
63%
i
26%
*102
39%
*106%
30%
103%
160
8%
-
7%.
7%
30%
*103
106%
*99
'
-
-16
35%
>16%'
17%
8
100%
:•
*34
16%
16%
33%' 333/4
,
$ per share
34%
17
105
♦152
8%
100%
«
t per share
17%
105
>
54%
Jan
Corp
the Week
*16%
173/8
21%
33%
*8
Sales for
Apr. 11
34%
16%
*105%
160
33%
?%
Friday
Apr. 10
'
22
*152
33%
*8
Thursday
I per share
35
16%
*103
105%
21%
160
33%
103
105%
22%
"
17
<
17%
103
-
•34
17
17%
1
103
.♦105%
35%
Jun
H
Apr. 9
tper share
42
Jan
STOCKS
Wednesday
Apr. 8
share
♦34%
17%
103-
•99
# per
35%
*16%
Tuesday
51
Apr
preferred
LOW AND HIGH SALE PRICES
Saturday
16% Mar
23
60
Common when issued
42
3,400
41
10
64
$5 conv preferred
Gulf Mobile & Ohio RR
10%
62
Feb
Apr
155
common
10%
41
/ 56 y8
'
Sugar
10%
62
Oct
100
1
Greyhound Corp (The).
4%ft preferred
20,500
11%
*86
39%
11
5
Grumman Aircraft Corp
86
45% Jan
'
293/a
24%
-'
-Mar 14
Jan
(H L) Co Inc
Greenfield Tap & Die Corp..No par
103%
28%
*103
Apr
.Feb
Apr
1
Green
1,700
Apr
52
4% Apr
9
21% Mar 18
10
RR
40%
182
—100
—
Bay A West
47% Aug
Oct
Dec
26
Northern Ry 6ft pfd—No par
Great Western Sugar———No par
63
73
Sep
Oct
133
breat
4,300
24%
,
6%
*86
156
72%
*18%
25
*6%
86
*58
70%
*58
'
103%
24%
*153
63
70%
63
103%
156
*
Dec
27%
156
14% Mar 11
No par
Grant (W T) Co
5
r
3% preferred
.'
100
Grayson-Roblnson Stores Inc
1
$2.25 cum. conv. pfd
No par
Great Nor Iron Ore Prop—No par
1,700
1041/2
" *97/8
'".32
'
:
90% Aug
74%
x35%
1
8
15% Jan 16
20% Apr
9
3% Mar 7
No par
Co
Apr
33%
126% Mar 14
Steel
City
200
39% Feb
115
100
'
Motors
Union
Granite
2,600
"
Jan
No par
com
Granby Consol M S A P
Grand
c
160
-
,
15 y8
Apr
21
1
(B F)
Graham-Paige
Apr
16%
2
44 Vt Jan
$5 preferred—
No par
Goodyear Tire Si Rubber——No par
$5 convertible preferred—No par
Gotham Hosiery
No par
13,100
xl73/4
4%.
-200
52%
106'/a
42%
♦58
24%
£•6
106%
173/4
104'
*103%
51 '
41%
155
104
6%
87%
52 3%
107 3/8
18
'
104
51%
13%
183/4
29%
*103%
*106%
52
107%
413/4
183%
24
104
28 y«
13
50
Goodrich Co
Apr
Nov
Feb
No par
No par
Gold A Stock Telegraph Co
Goodall-Sanford
Inc.
41%
20
*103%
70
14%
Dec
33
13
100
100
5,300
*
Apr
Sep
8% Sep
78% Jan
5.
preferred
Dec
71%
13
47% Feb
No par
lOo
(The)
conv
109
X170
2
2,900
'
60
42%
♦18%
25
58%
32
71
103%
♦24%
/
13%
70%
103%
121%
2TJ
263/4
Co
4% ft
10%
21% July
,
Sep
'
1
17
Goebel Brewing Co
17
Dec
Dec
.
9
11
125% Jan
preferred
Glldden
3,000
'
72
30%
300
6%
24%
63
30%
55%
6%
121%
104%
4:
^
70%
19%
3,700
*54
41%
157%
*58
72
71%
24%
38%
613%
30%
-
9%
35
38
$4.80
13%
48
104
>
40
Safety Razor
Jfopar
$6 oonv preferred—.—No par
Glmbel Brothers--——8
100
28
-
■
6,800
123
7%
31%
-
23
101
27%
15
300
22%
61
•35
•
l05»/4'f/
133/4
43
24%
1
*32
13%
42%
24%
*157
35
105%
8% ft
May
Feb
*101% Jan
preferred
preferred
13
5
Gillette
3,800
*99%
61%
4
7%
105%
*103%
-
4% ft
30
30 3%
38%
54,
6%
123
96
29%
27%
18
15%
9%
*94%
23%Y
101
1
6%
123
*103%
--
37
*104%
14%
43%
:f
7%
15
9%
34%
70
61%
4%
*35
.15%
106%
263/4
'
.
18%
4
36
15%
*105%
105%';'
23%
*99%
6%
•121
1031/4
105%
*13%
t
;
31%
6%
123
18
4
7%
2,900
54
61%
*18%
*32
(
55
27%
4
>3Vi9%-
.•
55
63/8
64%
103%
54%
7%
*104%
Y
553/4
6
28%
103%
30%
38%
27%
4%
*31
|
38%
64%
7%
15%
38%
*121%
19
*35
39%
*55
56
4%
j
38%
23%
102
106
30%
30%
*103%
23%
*99%
123%
54%
=
105%
223/4
*104%
96
243/8
123%
107%
♦18 y4
*1033/4
22%
1,900
1,300
106%
*105%
102%
6%
64%
54%
105%
33%
31%
*99%
6%
103%
♦106%
■
105%
X24
31
*105%' 106 y2
33%
350
24
141% May
14% Feb
-No par
No par
:
69S> v preferred-——100
Gen Realty Bt Utilities
10c
General Refractories—par
General Shoe Corp
-1
Gen Steel Cast $6 preferred—No par
General Telephone Corp
—20
/Gen Time Instrument Corp—No par
4% ft preferred—100
General Tire 81 Rubber Co—
B
1,500
223%
96
106%
34
117
106
*94%
39%
28%
64%
22%
*104%
30%
33%
1153/4
Jan
18% Jan
No par
common—No par
Corp
Jan
9
175
5
3
Equip Corp
Nov
13% Feb
14
Service
15
78
SI
2
Gen Railway Signal-
4,100
1,100
33%
•105%
24%
123%
*28%
22%
4%
223/a
117
33%
106
43/4
213/4
333/4
♦116
31%
106%
95%
100%
39%
6%
♦103
4%
Public
67 % May
9
Jan
.....
Dec
May
34% Mar 18
series—
Adv
17
8
51% Jan
Gen Public Utilities
1,100
22%
333/4
333/4
24
106
4%
22
115%
33%
24%
24%
56%
*120%
1143/4
24%
*104
40
6%
116%
4%
34
100%
♦55
4%
333/4
24%
*39%
1
Xll6%
102 %
♦100
26%
*133
$3.75
Jan
29%
58% Jan
16
10
preferred—
Gen
143/4
29%
105 %
24%
2,800
3%
14%
95%
30%
♦104
Precision
211/4
3%
14%
*3%
34%
*105%
95%
21
27
118
30%
105 %
Outdoor
$5
Preferred
14%
4%
*104%
32%
105 y*
Gen
27
3 5/a
34
26
2,300
1,000
143/4
23
117%
34%
163/a
27
3%
33%
33%
119
34 y«
1,500
104 5/a
14%
4%
♦22%
34
118%
128ys
163/a
15% Feb
41% Jan
6% preferred
100
i%%
conv
preferred———100
104%
Jun
26
38
24
28% Jan
151% Feb
Foods
17
Mar
11% Apr
74% Mar
No par
Co
General Motors Corp
27
137
22%
♦22%
150
14%
3%
Electric
Apr
22%
NOV
Sep
7%
109 V. Jan
15
.13% Apr
.
28
14%
*27
137
21%
700
1,300
21%
3%
3%
147/8
27%
21
168
B
No par
Corp
No par
General Instrument Corp
1
General Mills common——JNopar
25,300
1041/4
Corp__
21
Sep
Dec
17
18% Feb 24
Feb
15% May
11% Jan
Sep
8% Nov
14%
4
110
Mar 12
Jan " 2 '
*11% Jan
4%
57%
14
5
No par
Bronze
'
17
13% Mar 14
50
General
70
50%
18%
8
43% Feb
July
/f';*
105
-iVlst preferred—00
conv 2nd preferred
50
Cigar Inc
No par
1%
preferred
;
100
\
800
Jan
■
5
General Cable Corp
9% Feb
Jun
112
Oot
7
2
48
Sep-
10 y$
7
Jan
19% Feb 28
8
(. X">'
inn
Transportation
Baking
500
■r
Apr
100
1
preferred,
8
16% Jan 27
50
Amer
General
370
.
1303/4
127%
21%
1,600
118%
104
17
m Feb
' Mar 17
37
1.66%
preferred
(General
$8
preferred
12,700
56%
1273/4
21%
2,200
130 3/4
104%
21%
$4.50
Gen
General
*16%
7
50
Gen Atoer Investors
3,700
104%
21%
conv
General
17%
1
preferred-.
Container Corp
Gaylord
/
•
~
Co j
conv
26,300
104%
16%
4%%
42 y4
104
17% Feb
21
No par
118%
57%
13
Gar Wood Industries inc
35%
128
16
6% Jan
19% Mar 11
Gardner-Denver
413/4
128
12% Jan
1
__2G
3
28%
50
1
1
common___
8
158
*13
(The)
Iac
(Robert)
pK^erred
89
t
27% May
28% Nov
103% Mar 10
12% Feb
57%
130%
Co
Co
343/4
,
128%
17
Nov
Xl7% Feb
900
44
28%
*128
*16%
16
2
11
13
13%
48%
130%
118%
*118
57%
*43
158
35%
42%
13
48
47%
130
♦118
59
*13%
491%
130
118
58%
13'%
X48%
130%
118
59%
13%
18
9
Jan
100
11
2,700
113/4
75
28%
35%
43%
14
Jan
Jan
30% Apr
v
100
9% Jan
v,
13%
11%
158
35%
14
Jun
22
39
preferred
cum
9%
175%
13%
44
28%
158
35
14'/a
*173
Feo
Jan
14% Apr
17% Apr
-
Jan
61
i_5
'
2b
3o%
Mar 14
No par
'
43 y8
♦14
Tfr
Apr
49 ya
:/
Sep
16
.
113/4
12
Sep
Sep
Gair
4,800
503/4
13%
Nov
25 V2
45 Va
200
107 •;
50%
.11%
iyy4
15
100
20%
5%%
*105%
13
26% Jan
3,100
;
163/4
133/4
29% FeD
I per share
6
108
"
/13%f
1
Y
113/4
43%
283/4
*157%
;
'
11%
175%
13%
75%
*42%
28%
158
13%'
51
♦173
163/a
*96
107
113/4
11%
75%
♦105%
51
175%
13%
12%
108
'-13%*
•
108'
51%
11%
43
29%
159
*96
•
•
13
25% Mar 10
7
Galvln MIg Corp
Gamewell
Co
(The)
37%
16%
22% Jan
25
Corp
11
1,900
7%
*36 y4
Sep
79% Apr
10
Gab»lel
100
17%
73/8
61?
175%
14%
71
10
10
25% Jan
4%
4,200
14%
17%
94% Jan
Highest
t per share
50 Va Feb
100
10%
373/4
17%
11%
'
10%
7%
12
■i
44
*28%
*17%
14
12%
75%
*43 Va
110
*14%
17%
75%
14%
12%
♦74%
•105%
10%
Sper share
19% Mar 14
5,200
*
'
Tear 1946
Lowest
44% Mar 17
2,109
6%
20 ya
t per share
Freeport Suipnur
200
133/4
6%
•20%
15
51%
♦ 173
175%
♦157%
110' V
13%
6%
20
10%
15%:
51%
11%
14
20
Range for Previous
Range Since January 1
Highest
Lowest
•v
-No par
70
*36%
>
'
-
Co
10
Froedert Grain & Malting Co Inc_l
Fruehauf Trailer Co common
_1
1,000
•
7%
*96
137/a
.
Corp
6%
prior preferred
Franciaco Sugar Co
-
2,900
16
37%
,
108
13%
-
30%
101%
A>'-'-
45
7%
171/4
♦96
13%
30%
45
*36%
37
16%
109
a
7%
v
.
Par
Machinery
Foster-Wheeler
140
500
101%
6%
103/4
17%
25%
20
101 Ys
133/4
.
Food
2,100
25%
20
%
*15%
6%
*14y2
17%
700
16 y2
31 Va
31
20%
10%
:
80
24
45%
101%
13%
6%
11%
Y
52%
11%
*14
/'
♦io5y2
*51%
♦173
"17%
; 13%
133/4
26
20
-
79%
23%
•45%
101%
*20
10%
37
'
Shares
*16
i
30%
•ioi
20
v
243/4
♦253/4
-
-
45%
30%
.
151%
7%
37%
17%
*.
ny4
7%
♦37
*45%
80
24%
-u
-16 *' 16-
♦14%
18
7%
38
i
6%
-
■
NEW YORK 8T0CK
: EXCHANGE
'
26
v y
20%
10%
I per share
*79
20?
143/4
6%
15%
18
•-
31%
•20
10%
*25%
*19%
*
.
the Week
.
101%
14
6%
•14%
;
:
24
16 y»
"
<Y
23%
«
-*101
20%
10%
v
:•
31
>
14%
6%
*20
26
20
Sales for
Apr. 11
f per share
80
45% ; 45% f
>16
t
101 %
14%
6%
*20»/4
*79%
'•
V
i
Friday
Apr. 10
t per share
.
25%
'J
20
'■
i6y4.
31%
•
♦101
26
(:
...
45%
r
31
ioiy2
*15
:
|.j
*16
,
31%
26
Thursday
*
V
:;.80ya
23 % j
'
20
45%-
•j
•
80
25%
*19
v
16%;:' 16%
♦ioi
81
25%
Y
♦19
V
Apr. 9
I per share '
STOCKS
Wednesday
.
'
:• 81
•
Tuesday
Apr. 8
I per share
per share
81
.
Apr. 7
(2013)
56
Feb
21
46
NOV
52%-Apr
22
RECORD
STOCK
YORK
NEW
$ per share
f per share
t per share
32 7a
32%
32%
32%
1007a
100%
*100 7a
101%
t >per share
i
32%
32%
32%
100%
101%
*100%
32%
101
87%
87%
87%
36%
32%
100%
87
*86%
22%
21
21%
21%
22
21
23%
23
23%
23%
23%
23
23
35%
35%
35%
35%
35
35
35%
35%
34%
35
5
5
5
4
5
9%
9%
9%
36
5
V
5'/8
4%
5
5
5%
5
9%
9%
...
Houston OH of Texas v
Howard Stores Corp.,.
1,400
2,000
9,000
Hupp Corp—
5%
10%
10%
37
37%
36%
36%
36
36
36%
37
37%
37%.
2,300
17
16%
16% " 16%
16%'
16%
16%
16%
16
16%
7,900
21%
21%
16%
21%
20%
19%
20%
*19%
19%
5%
5%
5%
5%
5%
5%
5%
5%
*35%
367a
36%
36%
36%
36%
35%
36%
233/4
24%
*21 7«
5%
5%
21
19
18
5%
5%
Apr
9
4:tApr
27
Sep
35%
99%
Dec
1117a
6
78%
Sep
9o
147a
Oct
30
(Apr
29
.
2472
Oct
47
July
30%
Oct
Mar
Feb
j
7% Feb 28
9
.
13% Mar
36
Apr
9
16
Jan
13
Apr
11
30
5% Apr
11
5
117a
3-
43% Feb
33
■
Jun
Dec-
6074
i.
Feb
12%
Jan
r
25
Jan
Oct
Dec
Jun
>
Sep
147a
13
Jan
J:
Oct
3
20% Feb
18
1
5
383/4 Mar 28
>
11
9 -i! Apr
non-cum
3 *
$ per share
233/4 Mar 28
32% Jan 13
ftp -Manhattan
Hudson
jUOO
11
37%
*10
23.
Highest
■f per share
20
94
11
Apr
16% Jan 16
»-—100
preferred—.—100
Hud Bay MIn & Sm Ltd—-No par
Hudson Motor Car—
No par
Hunt Foods Inc
6.66%
16%
12
323/4 Apr
103% Jan
85
Sound Co
Howe
'4,400
37%
*107*
11
28% Jan
*
2,500
V
9
•
w
Lowest
I per share
x99% Mar-27
100
Co—No par
t o_;
25
& Power
Year 1946
Highest
v
$ per share
No par
com
preferred
i3%%
Houston Light
11,000
21%
24%
22%
24%
21%
25 7a
38
22%
24%
Finance
Household
130
1,900
23
22%
*24 7a
Lowest
i
Par
2,100
•
86
85
EXCHANGE
Shares
■■■■■<■
100%
32%
32%
101
87
87
88
Apr. 11
$ per share
101%
32%
;
Apr. 10
t per share
Range Since January 1
STOCK
NEW YORK
Sales for
the Week
Apr. 9
Apr. 8
Apr. 7
Apr. 5
Friday
Thursday
Wednesday
Tuesday
•
Monday
Saturday
Range for Previous
STOCKS
LOW AND HIGH 8ALE PRICES
88
fipnr*H,~ 1947
THE COMMERCIAL & FINANCIAL CHRONICLE
(2014)'
,
45% May
.
347a Mar
2
4972
Jun
5
7% Feb
257a Oct
574 Sep
107a
Jun
1
35%
36
257a
25%
24%
25%
2374
24%
477a
477a
47
47 U
♦477a
497a
*93%
96
*19
197a
<
9
27
27
27
13
,
•, v
13
43%
12% -/13 V-..
4374
427a
V
423/4
*117%
12%
>
117
117
*178
180
35%
353/4
3.5%
16%
15%
16
1574
42%
109
357a
15
153/a
8
*7%
77s
42%
427a
423/4
107%
107%
113/4
? 208
205
5
11.3/4
2057a
1
4%
5%
5
ll3,a
H7/b
204
*201
2057a
813/4
837a
1827a
1827a
97t
8%
9%
8%
83/4
8%
83/4
8%
87a
277a
28
273%
2774
273/4
27%
277a
2,700
857a
43/4
32%
31
3274
136%
*135
*135
136%
136%
*135
*135
457a
467%
457a
457a
*103%
104 74
*1037a
10474
1037a
1037a
13
*12%
13
1274
,
110
110
111%
103
*12
12%
111%
4574
467a
*102 7a
104%
467a
103
*110%
*127»
12%
127a
200
1,300
111
•'500
51
*4878
49
49
400
49
51
*49
41
40%
403/4
4074
40 3%
40%
40%
40%
49
4974
48
49
48
4978
49
39
393/4
4074
*32
40
39
*33
39
39
49
*32
133/4
13
137s
13%
13%
13%
133%
127a
1378
32,000
133%
14%
13%
133/4
13%
13%
1374
133/4
13%
1374
3,800
23
22 'V
22%
217s
22
22
2174
2174
19%
20%
'1,700
223/4
23
41
:
11
—-—-—»'—rNo par;
Machine—^-NO pat;
.
13%
88%
'•
7% Jan 13
>
26
Apr
357» Nov
Feb
J
8-
•
Aug
5% Dec
107a Oct
Mar 28 '
11
8
102
Jun
-202
Dec
Apr
'
157a
Apr
Sep
45
Jun
Dec
101
Aug
67a Oct
27
Jah 29
9074
113/4
8
367/8 Feb
8
133% Feb
19
136% Apr
533/4 Jan
2
2
3872
Sep
105
Feb
8
953/a
Oct
45
Mar 14
287a
103
Apr
10
12
Jan
16
18
Feb
116
Feb
133
18
106% Mar 24
Oct
20
41
*1507a 152
21%
21%
223%
41
*40
*150%
*223/4
22 3/4
2374
40
150%
150%
23
*227e
41
*40
151
*150
22%
2672 May
117a Nov
10174 Sep
151
Intertype
Island Creek Coal
10
•
Corp
1
497/a
503/^ Apr
39% Nov
16
Jan
9
5
2
1,43% Jan
9% Apr
427s Aug
Dec
37
7
31%
143/4 Nov
17% Feb
11
17% Feb
11
143/4
Nov
267b Feb
11
237a
Dec
"
233/4 Feb
19
42
8
14
Apr
50
347a July
Dec
Dec
141
50
Aug
Dec
397a
8
13% Feb
11
2074
Mar 24
150% Apr
Feb
313/4 Feb
•
2
xl00% Jan
47% Apr
Feb
Jan
607s Aug
*
40
383/4 Feb 26
1
I
$6 preferred
707a July
Oct
Jan
19% Apr
——No par
300
151
*150
July
125
36
2
127/8 Apr 11
13% Apr
9
11
21% Jan 24
share ctfs———2Vo par
Interstate Dept Stores
No par
Dec
Aug
42% Mar 20
583/4 Feb
38
-No par
& .Teleg_<
Telep
Feb
557a
113
Sep
8
41 %
Foreign
Feb
148
Aug
527a
Apr
37% Jan
25
preferred
Intern'l
300
41
*39%
41
*150
41
*40
152
*2174
49
Salt
Feb
42%
474 Oct
53/4 F.eb
8
■
Feb
2074 Feb250
6674 NOV
175%
27»
Apr
31
Majr
13%
-
195: / Jan
13
10% Feb
96
8
*4% Mar 14
59
.
Feb
105
-
163
Jun
VVV'/Vrv
:;;5
:
9%
10
9%
*64%
*110
*127
9%'
93/4
*108%
9%
64%
65%
9%
*127
34%
99
*98%
9%
9%
"101%
9%
101%
k,
3,100
34%
;
140
*130
34
33
*98
99
34%
34
v
99
•
119%
*61
63%
111%
*109
111
*130
140
-:
140
-
:
32%
*98
-
337a
33
99
*98
-
125
117
63 '
*109
111
200
32%
700
.
-
33
121
Apr
*
99
98%
98%
32%
33%
32
33%
8,200
♦17%
173/4
*1774
173/4
17%
17%
.100
prefered Ser i
Joliet & Chicago' RR stamped„1.00
Jones & Laughlin Steel__—No par
5%
pref series A.
100
Joy Mfg Co
—
i%
f
300
200
Jan
1077a
July
597a May
Oct
111
1147a July
Dec
115
1233/4 Feb
Sep
6.
Jan
108
Dec
4574 Nov
8
1373/4 Feb 24
8
247a
8% Dec
100
4
2
110% Jan
Mar 25
117
1677a
Apr
153
Apr
*
'
Jan
66
Apr
1
44
Oct
637a
Dec
112
Jan
11
109
May
115%
Feb
140
110
2nd
8
28
Mar
54
—12%
—
53
107% Mar 17
.No par
com.
104% Feb
2
100
Corp
preferred L
-Johnson St Johnson
16,800
323/4
333/4
Manville
3% %
30
327a
■
No par
preferred1 —100
4%%
Johns
140
*130
-1
pfd—100
—
'
-
63
■
10
900
.
Co-
(F L)
Jersey Cent Fw, & Lt 4%
Jewel Tea Co Ihc—
900
.
111
125
*115
•
33%
"
323/4
*109%
127
*115
62 %
*110
*128
;
,
*124
lit
•Jacobs
140
49
48
£8
110
123
62%"
65' :
102
48
1107a
-
♦115
1117a
'3 ii 99
33% V 34
t ■
'U
:
637a
123
102
48s/a
*109
'
%
*110
140,
33%
;v.
117
102
483/a
•
124
117
111 .:<■ 111
a*
34%
123
04%'!
102
'
110
*108%
.
'*
:49 &
49
-t
110
102
X1Q2
.4874 »
122% •*••?> 122% 123
/ 117% 117%
119%
122%
*117%
V
48%
•
*108% 110
-
,
:
9%
'
48
V
9%
102%
*102
103
*102
Mar
150*
32 3/a
J~an ~16
98
Jan
3
25% Jan
3
17% Apr
*
-
11
Feb
10178 Feb
18
Feb
53%
31% Nov
8
39
35% Mar 31
187a
Sep
Oct
108
22% Feb 10
177a Oct
36
99
Feb
May
3V\Apr
"i
...vT/.;.;,."
V
■■■->■•■
*
•
K
■■'■■■
'
18
*106% 107%
23%
*50%
17%
*17%
*106%
107%
*106 7a
22%
22%
20%
*50%
•
17%
52%
52
f
23%
53
15%
15%
24%
19
15
25
25
19
1077a
'
2274
i
*52
107
1077a
107
46%
*42%
46%
203/4
21%
54
53%
54"
*1,300
15%
15
15%
15
15
-1,700
243%
18%
;
243/4
24%
13 ■*
*24%
25%
*243%
25%
24%
18
187a
18%
183/j
133/8
18%
18%
4574-
453/4
157a
46%
109%
457a
/
46%
43%
*4274
'43%
24%
24%
24%
243/a
24%
*108%
46%
*42%
43
24%
*16%
108% 109
17%
*75
76
Lt Co—
3.8% preferred J—__ 7"
"
16%
108
;
16%
108
•
'
"
75
30
30%
29%
30
;-98%w 98%
97%
30%
30%
98%
98%
38%
37%
38%
37%
52%
52%
52
*46
46%
46%
46%
46%
*41 ••".-
247a
243/a
?
109
10874
1097*
1674
1674
-4,900
,
900
2,700
18,400
45%
43
100
,
•24%
-2,100
"
163/4
75
160
10874
108
16
153/4
4%
75
73%
7574
75
30
30
30
293/4
29%
97%
98
98 3/4
983/4
510
377?
373/4
377a
37%
37%
37%
2,900
52
52
527s
51%
52
51%
517a
47
46
46%
45%
46
45
45%
.
.
1,900
Monday
Tuesday
Apr. 7
Apr. 8
Apr. 5
t per share
5%
$ per share
5%
5%
-
5%
*12%
13
12%
40%
39%
■/v
12%
♦40%
40
5%
12%
13
38%
38%
'5%_
-
# per share
5%
5%
5%
12%
12%
500
39%
38%
39
12%
12%
13%
12%
12%
12%
*53%
123/s
55%
12%
*53%
55%
54
53%
48%
533/4
*52%
47%
48%
48%
48
♦26%
27%
25%
26%
48 %
25%
25%'
25%
253/4
26
♦99
101
*99
101
*99
11
11%
11
11%
37%
37%
37%
37%
*6%
7%
6%
6%
2%
2%
*22%
2%
63
*19%
19%
*6-%
63
19
*99
11
11%
36%
36
6%
6%
6%
6%
6%
2%
2%
2%
! 63
*23
.18 /;
*23
19
*63/4
7
43%
44
17%
17%
16 3/4
17%
165/a
22
21
217a
20%
54%
527a
88%
/
88%
188
38%
5374
517a
6%
4
■
•"
6 3/4
6%
6%
43%
43%
43%
43%
16%
163/4
16%
16%
16%
20 %
20%
20
52
51%
52%
51%
10%
10%
10%
10 5/a
35
35
34%
34%
87
/
3774
67
186%
86%
165
38
*37%
39
*37%
39
51%
51%
51%
52
50%
49%
*49%
49%
49%
49%
433/4
43
43%
43%
43
43
24%
24%
24-%
24%
24%
106
*104 7a
106
*104%
106
*104%
18
177a
173/4
17
17%
163/8
17
16%
23
23 74
23
23%
22%
23
23
70%
70%
70%
70%
19%
168
For footnotes
17%
19
see
71
,
173/4
19 7a
1677a
1677a Y
page
500
27
177a
18%
168
17%"
1974
168
17
18
168
:
3/4
'
17%
18%
168
Feb
5
33
59
Feb
4
43
Sep
627a May
50
Jan
3
43% Oct
65% May
11
Apr
*70%
17%
$ per
Par
Highest
6
gen- Dec/
■
90
.
44
*37%
'
24%
106
*104%
17
39;
'
50%
♦
400
Fink
-
7
2
Lerner
106
Stores
(The)
Prod
Corp
:
Lily Tulip Cup Corp_^
Locomotive
Belt
Co
Wks_
17
8,000
Lockheed
23
9,600
Loews Inc
71
70%
71%
2,200
Lone
2,300
Star
Aircraft
;
1
Feb
1£% Feb
Corp
Corp
183/4
168%
183/4
'
187a
169%
4,900
260
Long Bell Lumber A
Lorillard
■■■'■'v. 7%
(P)
Co__
preferred
,'68
May
203/4 Sep
Dec
1023/4
Apr
-x4772 Apr
11
49
Sep
82.;
Apr
-25% Apr
9
3074 Feb
■
•
101
Apr
4
"
.«•*?
'
r-
2*
Feb
20
103/a Jan
13
127a Fob 13
107a Nov
17 7»
36 / Apr
11
447a Jan
9(
3474
Sep
553/4 May
67a Apr
ll
8% Feb
7
67a
Sep
1774
27a Apr
11
99
''
374 Feb
11
27a
5%
Oct
Jan
Jan
Jan
4974
.
64
Nov
38% May
Apr
8
\ 97a Feb
11
63/s
Oct
1574
Apr
x437»Mar26
50% Feb
10
417a
Oct
65"%
Jun
217a
Oct
: •
16% Apr
20
Apr
24
8
11
25
Jan
Feb
6,
8
10
43
3
10,
Oct
Apr
3
28%
Oct
96 3/4 Jan
84% Mar 18
2
83
Sep
183
Dec
190*
Feb 10/
4272 Feb 10
184% Mar 28
May
447a May
Nov
Apr
35
15
Mar 15
'•33
213/4 Nov
11
597a Feb
9% Jan
,
Jan
18%
9
Apr
65/a Apr
;
Feb'"l3
25%
18
74'/2
.
Jan
157a
Apr
37%
Jan
102
May
2107a Mar
3774
Dec
653/4
Apr
10
62% Feb
17
44
Nov
88
Jan
4772 Mar 11
567a Feb
3
43
Oct
66
Feb
16
4772 Jan
7
273/4
Feb
483/4
Dec
Mar 10
3072 Jan
9-
23%
Nov
43 74
Jan
"109 74 Feb
4
99
20
Feb
20
18%
Dec
4574
27
Feb 13
2574
Nov
41
Apr
64
Jan
94
May
367a Mar 14
No par
417a Jan
No par
42% Jan
No par
No par
100
24
102% Jan
.
11
1674 Jan
16
:
1
?2%Jan 13
707a Apr
7
No par
1674 Apr
No par
10
Sep
137a Nov
8
Jan
147a Oct
Dec
52
25
100
11%
38
8
Jan
793/4 Feb
227a Feb
11
5
-
18% Apr
8
16772 Jan
6
;
2172 Jan
172
Jan
8
17 7a
Dec
Oct
3
x20
Nov
29
166
Dec
'
*168
9%
5% Sep
3
9
31.
'
18%
168%
Highest
S per share
13
-'
1
5
100
Year 1946
8 per share
Feb
—No par
Cement
457a May
563/4 Feb
No par
:
Lion Oil Refining Co
Liquid Carbonic Corp—
372% preferred
16%
•
56
—5
Preferred
Nov
23.
No par
Corp
Liggett & Myers Tobacco
-
22%
16% '17
11%.Mar 14
53
-5
Savers, Corp
23%
17%
:
50
29%
Life
Lima
800
-
497a Mar 11
Link
1,200
—No par
'Libbey Owens Ford Glass—No par
Libby McNeill & Libby
7
1,200
•
——,_No par
8
1
1,300
.
•
&
-
Lowest
$ per share
share
5% Apr
4
Lehigh Valley RR
50
"Lehigh Valley Coal
-No par
Non-cum preferred
50
$3 non-cum 1st pfNo par
50c non-cum 2nd pfd
No par
2,100
r
24%
24%
A
23%
19%
87
-
186
49%
18
168
:
527s
4334
24 7s
707a
86%
*185
507a
23%
18
87%
186%
51%
-
45
*10472
186%
497/8
523/4
50 %
24
877a
187%
3,500
14,000
.
50
45
1877a
39
Lowest
(Jame?) -& Sons Co—
_3
3.85% cum preferred—
100
Lehigh Coa} & Navigation Co
10
Lehigh Portland Cement
—25
3,300
11
35%
88 74
99% Mar
16
Range Since January 1
Co—
(The)
Lehn
Sep
11
Range for Previous
preferred
Corp
Jun
33% Feb
Jan
Jan
48% Jan 11
(•
Light
Lehman
46
101
2674 Oct
14
97
Lees
5,400
.1,000
52%
10%
39
70%
4,800
20%
51%:
168
24
•
16%
20%
527a
8774
46
2,900
Dec
Jun
Aug
'34
STOCK
Bryant
472%
29 >
100
297» Jan
Lee Rubber & Tire
.1,700
1,100
20%
v
Co
Apr
May
10872
Dec
13 :
Feb
303A Aug
Feb
Lane
5,000
44
1C%
*37%
15%
82
Jan
6%
6%
43%
,*35 '
86%;
7
6
Jan
.1,600
357a
*52%
18
2%
165/S
,
Gas
60%
Dec
Feb
Jan
14
183/4
217a
;
108%
20
85
-
55
1
21% Nov
•ll6% Feb 13
44
63
18%
107a
55
70%
2%
*23
19
*34%
*186 7a
38%
106
2 »/4
63
18%
10%
50
♦104%
2%
*23
34%
50
24
19%
Sep
32% Jaft
21
117a Feb 26
50
'
6%
34%
*53
*45
63
6%
10%
10%
♦186
2%
i
*183/8
41
11
387a Apr
2,300
36
'
V
2.
737a Apr 11
Lambert
100
11%
36%
6%
34%
*99%
11
44%
10%
100%
11%
36%
44
34%
1003/4
11%
36%
45%
*53%.
i
11%
137%
45%
♦21%
-101
Jan
13
13
La Consolid 6%. pld—75 Pesos Mex
100
-1,100
25%
37%
•
Laclede
.
48
25%
6%
19
6%
7
101
X47 %
10%
Kt
2%
*23
'i
•
27»/4 Feb
1,100
53 %
47%
" 26
49 74 Feb
1,100
12%
*533/4
47%
12%
52 72 Jan
23
16
-
55%
12%
Jan
30
19%
1073/4-Jan
-No par
,
10,100
l37/a
*38s/a
48%
'
Feb
447a Mar 14
EXCHANGE
Shares
*12%
♦48
•
Sep
11% Nov
347a
7
8
20
2
..
-
*53%
12%
Jun
267s
267a Feb
Mar 15
407a Jan
—
NEW YORK
the Week
Apr. II
$ per share
5%
13
40"
38%
Sales for
Friday
Apr. 10
tper share
v. 5%
5%
*12%
Thursday
Apr. 9
t per share
-
Jun
67
Dec
13
STOCKS
Wednesday
,s
4074
Sep
15
8
173/4 Feb
45
(The)
Kroger Co
.
183/4 Oct
45
Feb 11
553/4 Feb
'
227a Jan
pfd 4% series
Kresge (S S) Co_——
Kress (S H) & Co_—
900
-
23
133/4 Jan
Cum
LOW AND HIGH SALE PRICES
Saturday
May
5
153/4 Apr
$5 prior preferred.
Koppers Co Inc
1,600
98%
28 7a
8
49% "Jan 13
15 ' Apr
7
Co—
R)
(G
1087a Mar
;Apr 10
2072 Apr .
%
non-cum
Kinney
190
30
107
—
900
977a
-
.10
.100
No
CitySouthern
preferredl--Kayser (Julius) & Co—
Kelsey Hayes Wh'l conv cl A
Class B.
4—
-rX
Kennecott Copper
—No par
Keystone Steel & Wire Co—No par
Kimberly-Clark Corp——rNo par
4% conv. 2nd.preferred—^100
Kansas
*
75
373/4
*51
38%
53
.44%
427»
247a
109
757a"
.
453/4
4274
24
*16%
987a
*75
457s
4374
'
1
167a
167a
75
.
24
*42%
*:•
10
22
52%
■
v
1077a
*106
21%
54
.
Furn—
&
Kansas City Pwr &
22
20%
527a
*15
18%
*18%
♦1067a
Stove
Kalamazoo
*
V; 15
24%
■
18
•••;
,■*'
:-,'s
22%
Sep
'77a Sep
11
'
Jun
t
151%-Jun
190
1374
9
Feb
May
-
*'44%*Jun".
337a Sep
•
,
22% Jan
54
1687a Mar
.
8 t
30% Feb
Mar 11
85 %
Jan
1843/8 Feb
176% Jan 21
—-
;
36
y
.<
Oot
116
4
225 J/f Feb
:
J3
Jan
70
..
'
Sep
Sep
36*
187
'8% Feb
7
Sep
11%
108": Mar 21
16
Mar 18
Feb
59
~
11
Jan
200'
•
23
'
17% Feb-13
.
^
4
47e Apr
17j
407a Feb M 5
403/4 Mar 14
105% Feb
v-
—No par
International Shoe „^
No par
International Silver common
25
\7%
13%
*22
-1
No par
11
17
Feb
133
13
•7% Apr
,
Feb
-
-180% Feb
10
14% Jan
No par
Copper——'—-20
Corp
International
2,100
14%
23
Mar 11
347e Apr
,
25
13%
45
Mar 15
179
10 !
-30% Jan
;
Jan-13
115
-V'-Wo pat-'
-Lk-——k^-lOO
Harvester—.--No par
100
Hydro-Elec Sys class A.
25
Preferred
39
14
133/4
25% Mar 10
*
12% Jan -14
36
-
1,900
48
4974
*32
*32
403/a
50
*13 7B
Jan
13
-
52
*4874
50
;
167a 'Jan
-
<
12,000
49
110%
111
373/4
Oct
—5
;
preferred —
—'—100
International Mining Corp__
-1
Int Nickel of Canada
-No par
Preferred
^—100
International Paper Co—---—15
$4 preferred ——*——--No par
Inter Rys of Cent Am
No par
5%
preferred
100
10
■
Apr
Oct
53/4
;International Mln & Chem
12,500
:
99%
1474
Int
i;4oo
1367a
Sep
7-
V
i
100
43/4
327s
*135
1367a
12%
*110
127/8
111
10974
87%
4%
317a
47a
32
453/4
463/4
*83
87%
478
31%
46%
47
10474
*83
4%
31%
*4 7a
31
32%
325/a
1367a
87%
*83
857a
4%
28
*
87l
Feb
Int'l Business
5,900
28%
Jan
103/a Feb
International
380
Jan
85
22
.Interlalce Iron
5,700
-
45 7a
-
Jan
A% % preferred ——-—10®
Intercont'l' Rubber: ——----No par
500
833/4
1827a
*
Jan 16
Interchemical
7,000
>
7/ 95 : < Feb
"
Oct
Oct
Jan
Inspiration: Cons
1,500
11%
44% Apr
Sep
187a
41
8
Insuransha res, Ctfs Inc
40
5
31%
7~
7
15
A
Inland Steel Coj.c—l
2,100
109 i"
21
8
r
93
———-—
series
Ingersoll-Rdnd:- •
preferred
t
800
42
*107
83
47a
*32
77a
437a
1077a
l
182
877a
50
7%
r
Feb
13
Co—-—-*-5
Indianapolis Power & Ltj—'-No par
4,000
-
Feb
Jan
100O
4%
lines
Stic 'ctfs
Illinois Terminal. RR
3,600
-
82%
47a
*40%
.-
182'%
*85 7a
.
347a
1574
817a
47a
50
35
Jan
30
.
43
.
——-
18274
877a
13
»
1574
11%
2117a
82
"
; *85%
*110
180
34%
5
'i/'V* 4%
♦1037a
/
287a
29
467a
;< 1177a
853/a
9
327a
.117
*178
1823/4
9%
1367a
180
39
■.«-* 54
203/4 Jail 13
Industria Electrica De Mex, S A—(Industrial Rayom ——~—L*- /
1,800
1827a
87
74
182%
' 287a
,
11874
RR
.
-3,400
1,000
182%
85
/
1823/4 f
9%
*117
Leased
2,100
■
41%
*178
J;
14
*40 7a
157a
1077a
1274
*208
*13
4274
*13
-
357a
*42
5
113A
215
*208
87
1823/4
12
11%
14
180
'
^2,800
6%
i
250
Mar 28
35
Co———100
preferred series A—'
100
Central RR
i
v'
'
2774
--•27%
277»
:
9
9
'• '•
i.
42
♦7 %
7%
109
5
5
5
5
215
*m
,
:
r
Illinois
-
: 800
;
: /•■
1574
4274
42
*107 7a
u
.
Power
26,300
19
35
35%
15%
*7%
53
♦1077a
412
12
7%
73%
73/4
44
109
1
277t
V
423/4
*178
353/4
8?/4
96
*1874
1187a
-
117
180
16%
7%
*43%
13
*93 3/4
.
19
8 3/4
2774
117
35%
96
9
413/4
117
180
*iOT7a
rf<r{ 5 V.
,
48 *•;■'.•
49
19
13
423/4
*178
117%
*179
;
123/4
42
,
46
*47
*93%
19
27 :}
26%
263/4
27
247s
47
:
9
9
23%
C01——r—-20
Idaho
♦1,100
'
24%
24
96
r
*933/4
,.*18
19%
x8%
974
9
9
■■J.;;. 47
96
19
19%
19%
v
*93%
96
*933/4
35%
120
-
35
313/4
197
Aug
Jan
Jun
Jan
Aug
/
*.
Volume
165'/Number 4585
THE COMMERCIAL & FINANCIAL
CHRONICLE
(2015)' 23
N EW
fv
Saturday
Apr. 5
27 %
$ per share
21 VB
— 47%
26
47%
*22
21%'
25%
21
21 %
38.
*37
*145
52
48
35'/8
35%
35
35%
34%
*103
*13%
14
13
*19%
*
19%
J 6 %
112
13%
18%
16%
*420
10
9%
9%
9%
*13%
14
13 %
13%
*12%
14
*28%
28%
*4%
4%
*28%
28%
*4%
*28 Ye
29%
*4%
*
4%
4%
-
24%
25%
25
■*
'■
25%
7%
*7%
7%
11%
11%
11%
-9%
25
24%
7%:
30
30 «/4
*110
110%
29%
29%
r
7%
11%
29%
109%
29%
29
7%
;
11%
29%
29%
28%
28%
18%
18%
18%
18%
30
51
50%
50%
29%
29%
29%
30
29
30
30
29
28%
186
*185%
186
45
44%
45
105
105
*104
28%
27%
185%
44%
105
28 %
185%
,
44%
105
*104%
28
*29%
27%
*185%
44
44%
*104%
105
44%
29
18%
:
44%
.
186
'44
104%
105
94%
94%
104%
93%
93%
93 %
93%
*931/4
95
10%
10
10
10
*93%
10
10%
10%
*10
10 %
47%
*46%
111
47%
*46%
111
47%
110
110
46%
46%
111
111
46%
105
:l
700t
850
,
i
*44
45%
.
29
44
29
*36„
44%
29
107%
37
43%
29
107
*36
*28
28%
*27%
52
*51
107 %
37
28
43%
28%
*105%
37
*51
43%
28
107%
37
26%
44
27
43%
27%
*105%
36%
28
42%
27%
107%
*105%
37
26%
1,000
28
37
37%
27%
27%
1,200
28
1,400
28
*50
-
51
51%
51
51
38%
38%
36%
38%
36%
37%
36
36%
103%
36
103%
*103%
104%
36%
103%
103%
*103
104%
*103
23%
104%
23%
23%
X22%
22%
22%
23
*28% -29%
23
28%
27%
27%
*28%
29
28%
23%
29%
.
'
22%
22%
21%
21%
*102%
103%
103%
103%
49%
*60
21%
103
20%
21
21
103
21%
48%
48%
22%
22%
22
22%
21%
22%
20%
21%
20%
20%
20
20%
20%
20%
20 %
62%
*60%
65
60%
65
*60%
48%
60%
49
*60%
48%
49%
35%
49%
*43
22
22%
20%
60%
60%
40
16
3,000
62%
*60%
60 V*
60%
*59%
16%
15%
15%
15%
43
15%
43
15%
43%
43
43
42%
42%
*42%
*53%
54
53%
53%
52%
101
100%
100%
*100%
44
*107%
42
103%
17
107
17%
35%
36%
150
-
150
12%
*35%
*150
107
36%
34%
150
34%
>
150
107%
35
35%
*34%
36 %
-
*148 1
150
*34%
150J
12%
11%
11%
*10%
11%
m
11%
*10%
10%
10%
10%
10%
56%
56%
*11%,
10%'
56%
56%
56 ;
57
55%
110%
55%
110%
55%
109%
109%
53%
53%
*10%
53%
10%
53%
10
113%
*113
*113
34
20%
20%
19%
41%
41%
*41%
11%
*29
27%
35
34%
*23
/
34%
4,300 '
34%
200
.
1,100
,
55%
-
!"
52%
*
•2,300
3,800
;
9%
'
,
33% "34%
5,800
5%
5%
5%
3,900
Mo-Kan-Texas
18%
18%
9,500
40
40
39
39%
.1,000
10%
11
10%
10%
•10%
10%
30
*29
30
*29
57%
"56%
29%
29%
*29%
56%
57%
56%
*114%
55%
117%
56%
*114%
57%
119
55
55%
56%
*117
55%
10
119
10%
*115 '"'
56%
55
27%
$3.25
.13,500
preferred
26%
*54
27%
57
26%
*23
25
20%
58
25
19
20%
26%
*55
18%
25
19%
27
*54%
I
*55%
58
25%
25%
25
19%
18%
Moore-McCormack
100
19
$2.50
700
25%
19%
5,700
Morrell
1,600
cum
( John)
Motor
&
23
23
22%
22%
22%
22%
22%
22%
23%
23%
23%
23%
23%
23%
23
17%
23%
17%
18
3,100
Mueller Brass Co
17%
17%
17%
18
17
17%
3,300
Mullins
*105%
107
105
105%
13%
13%
37
*103
107
13%
*109
13%
13%
13
13
36%
*36
111
36%
37
35%
36
108%
109
111
108 %
108 %
*13
35%
13
35%
50
13
35%
12%
12%
41%
*39%
41%
200
57
*54
56
13%
41%
*39
*55
41%
*40
57%
*55
57
*55
5?
*55
57
*55
109
Mfg Co
210
Tuesday
Apr. »
Apr. 7
$ per share
Wednesday
$ per share
Friday
Apr. 11
Sales for
NEW
the Week
$ per share
Shares
ir
;
*24%
24%
24%
24%
24
24%
*24
28%
2t'%
28%
24%
28%
28%
2&%
24%
130
29
Nashville
29
15%
16
14%
15%
29 %
28%
14%
28%
15%
1,600
National
Acme
11%
11%
15%
15%
11%
11%
15%
16
7,700
15%
15%
15%
15
15
27%
27%
26%
26%
*181
185
23%
30%
*181
23%
30%
185
*23%
30
*181
,
24
*23 V*
30%
185
12
37%
37%
3,100
38
38%
15%
15%
30%
30%
16%
16%
16%
16%
20%
20%
20%
37
38
*35%
37
21%
105
186
186
3C
153%
8
25
15%
20%
*103
31%
,
8%
-
21
20
104
104
30%
30%
188
185%
186
154
155
-151%
154
8
8%
8
22%
23%
23
1%
1%
14%
14%
*35%
'
30%
*186
155
1%
25%
30
37
20%
104
188
22%
*25
20
155
1%
84
31%
*35%
104
*186
22%
84
20%
104
82%
25%
14
83
1 %
82
25%
14%
25 y«
14%
8 Vb
23
1%
C
8
8';/;'
90
.
'
8%
6,200
1,100
11,300
81%
.3,000
81%
82
25%
24%
24%
14%
81
15
*24%
17%
17%
17%
17%
17%
91%
.90
91
90
90
v
26%
26%
26%
26%
26
26
*25
26
16
;
16
16
16
16
-
25 ;
14%
17%
,6,500
160
"
.
1%
91%
-
153%
22%
17%
15%
30%
186
1%
91%
15%
300
700
14%
17%
17%
91
*24%
15%
11,400
2,900
"
91
26
15%
Nat
May
t
173/k
Jan
62 !
Jan
70
Apr
23% July
.
*
45-
Apr
64
Dec
135% Jun
104% May
'
Apr
5
5
'
20
,
Nov
15%
273/4 Feb
3
19
15*
Jan
25
14
104% Mar 14
Jan
35% Apr
11
108
•
Oct"
Jan
•
34% Jan
Oct
14% Sep
102
Oct
13% Sep
6
10
40% Feb
112
21
Feb
15%
Mar 26
30% Apr
62
50% Sep
10
Jan
106
15
13
.
36
May
Mar 28
Feb
20%
:
.
323/4
10
Oct
ii'
22%
Jun
*109% Feb
:
27y2 Aug
•
,i'.v
49
May
•
Jan
29
3
15% Feb
11
108% Jun
33/4 Oct
50
37% Jan
2
443/4 Feb
13
33% Nov
55% Feb
54
6
56
29
50
70
No par
Jan
Jan
114 V*
Jan
Jan
22
>
Dec
Jun
Range for Previous
680
-
1,200
1,500
&
Highest
$ per share
# per
'
Inc
Gas
,
&
19% Feb
7
29% Feb 13
23
30
Jan
6
27
16% Jan
6
1
Co
Stamping
Gypsum
conv
Nat Mall & St'l Cast Co
No par
distribution
25
National Sugar Ref Co
-No par
National Supply (The) Pa
10
'
$2 conv preferred
40
4%%
preferred
,s—100
National Tea Co
10
Nat Vulcanized Fibre Co
1
National Power & Lt
National Steel Corp
/
ex
253/a
Oct
2
9
13
14
>
Feb
,
Sep
143/4 Nov
10
7
.
20% May
Sep
163A Feb 21
13 Vb
Dec
28 3/4
24
20 3/4
Oct
34%
34% Feb 15
Mar 26
Jan
52% Jan
41% May
34% Jan
29 % Feb
,
25 Vb
Oct
180
•
Nov
Jan
Apr
373/e May
205 V* Apr
Jan
28
Jan
10
26% Feb
13
10% Apr
8
13% Feb
7
213/4
Feb
Jan
13
2
31
Nov
45%
Jan
11% Apr
9
41% Apr
14% Jan
7
13
Oct
24% Aug
13
23
_
34
32 '/4 Jan
185
"
22%
38%
Dec
15
Oct
23
•'
Aug
30
Sep
45
V\
Apr
20 y2 Jan
L3
17% Jan 16
6
34%
Jun
24
29% Apr
150
63/4 Jan
21 Va Apr
67%
Jan
2
16%
Oct
33 y4
Jun
102 Va
Oct
108 y2
Jan
10
•
167
Jan
8Vb Apr
16
28
11
Jan
Dec
207
Oct
173
6%
7.
16
91% Feb
243,4 Apr
10
28% Jan
10
123/4 Jan
—
8
79 % Jan
Sep
31
2
/
13
15% Feb
Mar 14
18% Feb
Mar 18
943/4 Jan
18
24
Jan
13
29 y2 Jan
16 y4 Jan
20
17% Feb
Sep
25% Dec
11%
13.
88
Nov
20J/4 Oct
VA Aug
75
11
X16
40%
27
178
X149
28
1% Jan
2
31% Nov
9
189% Jan 30
6
l%,Jan
323/e Aug
15
Feb
35 Vb Jan
11
-
Mar 20
I
Feb
107
183% Jan
19% NOV
;
25 y2 Jan
42
Mar 27
:
Feb
15% Nov
22% Mar 28.
37
Apr
8
19% Apr 11
103
7"
Apr"
3
13
23
16 Vb Jan
C
21
17% Feb
38
Jan
.
32%
Oct
9% Nov
Jan
40% Feb
15Vb Mar 17
30
,
'
$ per share
Oct
273/4 Jan
-No par
Co—
1
preferred,—-No par
National Lead Co
——10
1%
preferred A————100
6%
preferred B—
100
National Linen Service Corp
.1
$4.50
13
14% Jan
24
Apr
5.
Corp,.
Co
*
$ per share
share *
-1
—
Highest
Lowest'
:/;
100
Share
Cylinder
Year 1946
Range Since January 1
Lowest
St Louis
Fibres
Aviation
Enam
National
220
22%
17%
page 27
28
'
24
—
9,200
1%
91%
15%
——■44
11% Jan
Dairy Products
—No par
National Dept Stores
—
5
National Distillers Products
No pot
~
20%
22%
17%
see
37
104
1%
92
footnotes
.
22%
17%
16%
29%
186
91%
27%
19%
103%
*151%
82
143/4
18% May
— 129«; Mar
10
Corp
Battery
Nat Bond
.28,100
40
Dec
60r
i
Dec
16
National Can Corp,—
Nat Cash Register.
3,300
20%
153%
For
38%
15%
31%
187
15%
37%
15%
16%
Apr
119% July
i
43% Sep
-111% Sep
57% Dec
54% Feb
Dec
68%
Apr
28% Dec
20% Feb
Nat
12
20%
•
26% M6r
v
/ >
213/aJan
National
12
30%
154
83%
•<
Oct
11%
>
Feb
128% Feb
*\ July
173
.•
Dec
7
1,600
12
16%
Feb
45% May
r?.
42
24 >/4 Feb
181
15%»
30%
.
Feb
13
100
Corp---No par
10
.No par
Nat City Lines Inc.—
1
National
Container
1
100
31 %
*183
*26%
185
15%
*153
*25%
14%
*181
30%
21
83%
181V*
12%
*22%
15%
*103
1%
;
13
11%
X20
Apr
^62y2 J an
t8% Oct
100
Sep
26 »' Bep
5% Oct
>19
iOct
Jan
18-
Jan
32
*38
8
9
40%
7
8
Jan
3
.27
6,600
16%
Jun
18%
105% Deo
10
;
j
Apr
25
—1
National Biscuit Co common
1
1%
preferred—
•
41%
21%
53,;
10
9,000
41%
16%
<61%
113%
Oct
45
7 /
633/4 Feb
13
41%
21
May
■
Oct
57% Apr
25% Apr
15
41%
16%
Apr
>77
1103/4 July
10% Nov 1) H 14%
7
•8'
11
15%
21%
3
Jan
31%
31%
203/8 Jan
52%
■
Oct
i
S
42
.9
Jan
15%
103%
Apr
32% July
"Nov
140
i
,
25% Feb
51% Jan
13% Feb
Mar 11
Apr
31%
21%
?
_
35% Apr
'
2
55
39%
104
.
24
116% Feb
.
11
Jan
14
National
15%
30%
Apr
115
'
Mar
14% Jan
12 % Feb
533/a Mar 14
24
^National
500
41%
21%
Jun
105 Ve
Dec
97
1
Co
Automotive
1,000
31
103%
23%
181%
21%
Nov
31% Feb
—I 32 • ; 'Nov
59% Man
11
3,700
30%
Xl6%
39
Apr
11
Nat
3,400
,
41
12%
1%
29%
30%
11%
500
33%
*22%
31
31
185
11
Nash-Kelvlnator
.,4,300
41%
Oct
-
18% Deo
36% Sep
64 ■ Sep
■
1143% Peb 25
11
9,200
26%
30%
18
61
'
.53/fl Apr
—5
4
14%
26%
11%
11
12
7%
14%
27%
24
37%
*38
15
*26%
10%
12%
21%
11%
*14%
*22%
38%
21%
'•
107% Aug
/
V 57% Aug
26% Nov
i *35%" Jun
20% Oct
10% Oct
143% Feb
'
16
11
38%
15%
8
66% Jan
2
Jan 13
Jan
24
12%
17
-6
Feb
156
•
;
j
13
11
39%
32%
10
—1
1
10%
39%
15%
11%
14%
27%
15,300
23%
12
17
*24
16%
10%
12
32
15%
23%
10%
41%
10%
16%
10%
10%
41%
41%
16%
24
11%
41%
.
11%
16%
*26%
*181
41%
;
16%
14%
15%
31
11
.
16%
28
31
9% Jan
STOCK
National/Airlines
*27%
Jan
10-
100
Chatt &
16%
12
7
39 '
42% Feb
11% Mar 12
Par
15% '
*11%
•'
5
5
,
28%
16%
Apr
•
10;
Jan 13
65% Mar 24
109*
Apr ,8
51% Mar. 7
EXCHANGE
16%
24%
16%
Jun
30%
18 % Mar
8
28
—1
com
YORK
16%
24%
16%
36
N
Apr. 10
$ per share
Apr
Oct
STOCKS
Thursday
Apr. 9
$ per share
35%
18% Sep
103
Sep
43% Oct
11
47% Jan 30
110 ; Feb W
i
6
39
,10
new
Murray Corp of America—:
4% preferred
Myers (F E) & Bros
LOW AND HIGH SALE PRICES
Monday
Nov
22
65% Jan 10 1t
103 Vi Mar J3
18%'Apr 11
No par
class B—
Murphy Co (G C)
4%% preferred
3,300
12%
*38%
$ per share
Jan
104
——
.3,400
*103%
13
13%
40
Apr. 5
8
149
$7 preferred—;———.—No par
Munsingwear Inc
5
900
109
13%
40
13
35%
12%
13%
42
12%
13%
700
108%
*13%
*40
Saturday
Mar 21
3
.
Co new.'— No par
Corp.
Motor Wheel Corp
23%
*105%
Inc
Products
23%
107
Jun
20
19% Jan 28
47% Jan
3
9
33% Mar.lt
5.0
17%
*105%
Lines
pfd
23%
107
Jan
108% Mar
'
,
18
*105%
Apr
69
56%
—
27%
58'%
23%
37
&
48 Vi
:
61% Mar 10
*84% Apr
r
46% May
Sep
Dec
■
73
'
A—No par
Co
No par
30
102
Feb
13% Jan 16
ft
5
Apr
39% Nov
24% Jan
•
40% Mar 11
series
Montgomery Ward
13
*13%
50
y4 Mar 21
105
,1.25
common
May
Jan
25% Jan
283/4 Mar .-11
Monsanto Chemical Co
Apr
43
122
,
23% Sep
105% Feb
41
20
71
Oct
'-'..-"44 /. Sep
223% Feb
Mar 17
52% Apr
100
Sep
31% Feb
97% Jan
No par
r
42
25
102% Deo
25% Feb
••
RR--
Mar
20
15% Apr
.
118
.
7
105% Feb
59
No par
Jun
Feb
102% Mar 12
—Nonpar
111
Jan
2
.19% Mar.26
...
Jun
May
32
44
Nov
17
55
563% Feb
16
97
Sep
39
•
27% Apr
9
Jan 16
Monarch Mach Tool—.Wo par
100
55%
27
.
100
6,300
,
Mar 14
May
■
112% May
9% Oct
45%
483/a Jan 23
33% Feb 21
1073/4 Feb
70
Dec
93% Dec
4
Apr
383/8 May
204% Nov
45% Nov
>
Feb
Jun
48% Mqy
■
Sep
Jan
103
•'
27%
58
20%
107%
.,
preferred series A
Mohawk Carpet Mills
Mojud Hosiery Co Inc.
23%
*107
'
7%
1,700
30
57%
119
Jan
18
Mission Corp...—
5%
19%
40
113
21% Mar 15
$6.50preferred————No>pan
19 Vb
40
8
25
4
35% Jan
Minn Moline Power
5%
41%
Feb
Feb
-
97 Va Mar 11
26% Apr
8
50% Jan 14
•
,
106
41% Mar 14
Minn-H6neywell Regulator
___3
3.20%
conv
pfd series A—100
Minn Min & Mfg...—
.*—Nopar
50
49%
,/
243/4
195
Jan 23
,
45V2
30%
75
Sep
27% Oct
10
Apr
112% Mar
48
8
—5
Minneap & St Louis Ry_
;
180
;
; 6
Jan
-
Jan
57%
Oct
2
Feb
203/e
,
Sep
Sep
12%
Feb
-No par
Minn St P & SS M A ,vtc^
2,100
109 »/4
114
4
1,700 '
„
31
35% Jan
26% Jan; 7
Jan-15
Mid-Continent Petroleum^
10
Midland Steel Products—.-—No
par
8% cum 1st preferred—
_100
\
100
6
11
Jan
50
Co
/Miami ^1nppei> .•-■^-V
4,200
"10%
9%
*111%
41%
57%
,:
X109
-
21% Mar 15
Mesta
Machine
27
Jan
8
—1
Dec
Jan
21% Feb
12
46
Jan
8
l"l"%
Oct
63 Vz Jan
101
Hstfdpolltan Edison 3.00 % pfd_100
3% Sep
l»/4
NOV
50
Z
Jan
34
Mar 15
Jan;
26%
46 y2 May
Nov
ny4
190
A
330
52%
.
114
pyeferredi.,iti
19%
57%
27
23%
109%
10%
*111%
cum
12% Oct
26
30%
'■i 33
102
Apr
111
1
Mat 18
35
Sep
Aug
16 3/4
4
25
•
173/4
526
Oct
13
58% Mar 17!
5%
30
*56
21%
53-
10
55%
■'7
$3.50
8%
13% Feb
34% Feb
-
13
—1
——
■
30 % May
Jun
1
Jan
Mercantile Stores!Co Ltd—. -No par
Merch & Min Trans -Co,— -No
par
Merck & Co Incu.—
.,,.1
1
Sep
Sep
133A Dec
10
Jan
Preferred called
18%
25
*20%
35%
55%
Corp
5%
117%
56%
28
52%
10%
114
10%
111-
Shoe
19%
5%
19
56%
57%
52%
9%
*111%
117%
57%
57%
52%
10
*109
1
6% Feb
108% Mar 20
-No par
Co„
16 V\
46
—18
600
149% ;
11%
xll%
11
*29
57
119%
57%
109
■
10%
12
Inc.,
108
149%
41%
10%
30
57
*117%
5%
20
12
109
113
33%
,
11%
52%
9%
113
34
5%
109%
52%
10%
114
34% -34%
5%
5%
*11
109
12
300
34% 134%
36%
*148
•
Stores
12%
6
10
5
Mengel. Co
(The)
5% conv lst preferred...
,,
1,200
,
16% •;> 16%
35%
35% ;
35%
Melville
500
r
Robbins
1
8% Feb
103% Jan 20
CO—- -No par
42
*106%
16%
35%'
54
•42'
107
4,800
&
1063/4 Oct
30
Jan
May
lllVa Apr
X17J/2 Nov
27% Feb T7
10
U8 % Apr
Mfg Co—_ .—10
-No par
Corp
preferred,
100
2nd preferred
_50
4%
.
5,900
*100% 100%
42
16%
1,200
-
43%
*53-
101
'
106%
16%
*59
'-52%
42
; i6%
34%
60
52%
101
42
*107
16%
34%
152%
■
52%
101
42
16%
35
52%
*100%
42
106%
16%
34%
53%
101
42
107
16%
35%
*35
42
62
60
No par
_2^oi par
A V*%
80
65
49%
Pub
Mar 28
4
/.Mar 12
44
McQuay-Norris
Mead
60
20
16
*42%
McLellan
2,600 ;
•
49
16%
*100%
*42
21%
22%
20%
65
5
Jun
763/4
65
27% Mar 11
185
Jan
42% May
Oct
•
20
Apr
29
i.100
$4 preferred—
400 ;
49%
16
65
McKesson
,
1,300:
103
43%
16%
200
21%
16%
*60
3,400
60'
303/4
160
Nov
323% P8b
14% Jan- 16
No par
pfd-w*
cum
,
14
Jan
Feb
37%
12% Jan-"2
14% Feb 18
28% Mar 18
,,
—j— 1
McGraw-Hill
36%
103
1
.'
Dec
7
17% Jan
x29y4Apr.ll
109
No par
No par
-
Sep
21% Mar
.
Apr 11
7% Apr9
11% Apr 10
100
Mclntyre Porcupine Mines.
104 Vb
*103
103
22%
.
/
"
104
*103
51
49%
22%
20%
20%
103
*50
$3.40
3% Jan
Jan
72%
43a/4 May
108 ' July
38%
111
23
__100
1C0
28%
*28%
23%
51
1
5
No par
Wks
22V*
Sep
>15 % Feb
.12% Jan 14
27
Jan 16
,,
8.25
Eleo Co,,
14
32
140
520
No par
-5
Co,
6
9
13
Jan
.—60
1
Sep
56% Feb ; 8
6
—
24%
413/4 Jan
16
600
23
28%
23%
*50
*
Corp
McCrory Stores Corp
1
$%% iconv preferred-,-/'
100
McGraw Electric Co—,,, —.1
110
37%
-
8
McCall
1,500.-
,
105%
107% Jan
Maytag Co
No par
$3 preferred—
No par
$6 1st cum preferred,,—Wo par
200
190
42
28
105%
37
27
x41%
27%
107
'
v
"9% Mar" 15
Field: &
v
'
*105%
9
140
26
preferred
Hay Dept Stores
$3.75 preferred,,,,,
110
110
34% Apr
13
Mar
38% Jan
2
Feb
—.
31
Mar 27
20
2
Mar 12
Jan
1%
2,100/'
100
43
Exploration
Alkali
29% Jan
13
preferred
Mathieson
34
17% Jan
,
4%%
Master
30
Dec
14% Jan
(Glenn.L) Co.—
Martin-Parry Corp__
Corp—:
2,300
>
97
1
Masonite
:
31
Jan
Jan
Martin
2,4001
47%
xllO
2,600i.
Oct
.-——10
Shirt
Marshall
1,000
10
*46
111
I
.
94%
10
46%
*110
*
■iS
44
95%
112
f
Highest
$ per share
Nov
14% Jan
No par
*
.
45%
20 %
140
Corp..
Market St Ry 6% prior
pfd
170/.
7
18
••••
Co
Oil
Feb
26% Feb
No par
Bros
Maracaibo
53
16
,100
Marathon Corp
Marine
Midland
5,200
28%
*10
*46%
600,
1,900.
30%,
IS'5 %
*94%
*110
Manhattan
450
18%,
28
i
*
-■
,
500
8,800
49%
*29%
28%
186
:
29 %v
*49
30%
28
186
*185%
'aV"
jt
•
110%'
1
28%'
19
50
v
16
18% Jan
97
—10
Inc
Sugar
Mandel
•'
*110
29..
19
50 v'
•
-
11%
x29%
Manatl
300:;
7%
.
*11%
110%
/
24
7%
30%
*110
19
50 %
23
11%
1,800
28 %t
/ •..4
4
7%
.
9%;.
Trucks
v
tper share
-
—10
Forbes
Magma Copper
Magnavox Co (The)
Mahoning Coal RR Co,
900
.
&
$ per share
46% Jan
50
4%% pfd series A
-100
Madison Square Garden. 1—No
par
1,200?
i
Year 1946
Lowest
8
100
Macy (RH) Co Inc
E:
200
13%
.o>/28,y:
23%
11%
16
'f
25% Apr
1—1
preferred
Mack
3,700 /
18%
9%
4
7%
;
110%
51%
:f
28%
S
1,700
t
510
f
13%
23%
...
30
110%
18%
45
*183%
30
110 % t
3%
51
30%
29
i;
28%
24%
7%
11%
«
.
110
29%
19%
52%
*30
30
110
29%
19%'-
*51%'
11%
■J
.14
4%
,
24%
.
7%
11%
'
*13
28%
3%
*420
6%
:
'.I
13
15%
.
MacAndrews
110
18%
16.5/
510 V
100
tper share
No par
(M) & Sons Inc
4%% cum pfd series A,
Lukens Steel Co
•1,500.
34%
*12%
g\;9%>-9%
14
*28%
34%
Lowenstein
1
48
•109
19
16
*420
9%
*13
,t
18'%
16 %
510
9%
34%
111 VB
Par
60
,5
Range for Previous
Range Since January 1
Highest
Lowest
1,800
0
358
,
—j
'
Louisville Gas & El A_ —*
Louisville & Nashville,,
1
37
.
48
*12%/ 14;
18%
16
*420
48%
34%
:
•
STOCK
3,400;
:
1
17%',-17%
.37
YORK
/EXCHANGE
1,20b
20%
100
•145
NEW
the Week
'Shares
47
20%
37%
*108
14
18%
16%
510
*9%
.
*12%
18%
16%
*420
34%
112
*108
13%
18%
16%
510
34%
112
*12%
19%
16%
510
35%
*108
47
158
48%
>
26%
*99%
n%
*145
I; 48%
#
*26
,
21%
*37
158
48
.
100
,„v 17%
37%
*145
50%
20%
*99%
17%
*37
158
'
47' V
26
'
,.47
.
100
17%
37%
158
50%
112
$ per share
26
20%
*99%
17%
51%
*107%
Apr. 11
*-•;
47 VB
20%
100
17
51%
*420.
"47%
Sales for
$ per share
' 26;:
26
■
47%
*99%
18%
*145
Friday
Apr. 10
$ per share
26%
47Va
22
*37
158
STOCKS
Thursday
1
"'V'
100
17%
RECORD
PRICES
Wednesday
Apr. 0
I per share
48%
*99%
18%
38'/a
*37 *•
'
1
>
'
100
*145
26
47%
22 %
100
*18%
Tuesday
Apr. 8
Apr. 7
t per share
STOCK
M
LOW AND HIGH SALE
"•
Monday
v
YORK
Nov
16y* Dec
Apr
July
1
Apr
10% Aug
41%
2%
Feb
Sep
101% July
38
Apr
25
•
Jan
32
.
Jan
89
Nov
106 Va Mar
24
21%
Oct
10
143^ Nov
42'/a May
24y2 May
.
-
24
THE COMMERCIAL' & FINANCIAL CHRONICLE
(2016)
,i#*>
"*y*
STOCK
YORK
NEW
RECORD
STOCKS
LOW AND HIGH SALE PRICES
per share
•
-
9perthare
.»21%
21%
*16%
107%
*105%
107%
21
17%
17%
*105% 107%
34 -.rfy, 34
107%
34%
,
*105%
107 %
*105%
•33
'
34
34
♦33
34
30
29
'99
100
19%
108
37%
42
17%
17% V
20
•:'■■■■ 29 /■//
85%
V
16
16
:
*27%
'•
*20%
*250
190
*105%
106% r
*38%
108
37%
100
27%
27%
•
100
110
27%
28
♦100
101%
19%
197/b
19%
19%
3,900
39%
39%
40
40
16
16
16%
16%
16%
167%
16
16%
28%
28%
26
27 %
*26%
82%
83%
82%
82%
82%
500
29,800
27%
26%
1,400
83
16%
26%
82%
84%
1,300
*16
16
*16
16%
23
*20
23
*20
23%
*20
*55
60
*55
60
*55
*275
280
•275
280
*275
285
270
275
285
106%
105%
105%
106%
105%
13%
13%
*13%
13%
13%
13%
*38%
39%
*49%
50
106%
106%
*13 Va
'
13%
40
*38%
39%
38%
50%
240
241
*120
123
*:
240
239 /
r
49
*47%
49%
49
49
39%
'120
*118%
N Y Power A
N
100
238
240
7
118%
118%
27%
26'/e
27 'A
236%
122
239
122
50
/
'
28% '
27 Va
26%
:■
236
240
l-
120.
.
120
'
25%
•: 4%
4}|
4%
9%
9%
"
140
*i
>'
4%
411
9%
i;
41J
4%
9%
4%
9%
4%
7; Adjust 4%
9%
97/e
H
414
/
4/V
;
4%
pfd
non-cum
■:
-_—X——
Rights
M
*98%
18%
21
*
*21%
,
*97
18
102
18%
102
"
18%
*98
'<%
18%
*101%
10
101
•
*96% 102
18
18%
101% 102
102
18%
101% 101%
102
10
102
*98
9%
*99%
18 ya
18%
101%
97%
102
17%
101%
>
1017/8
4,900:
102
:
Northern
10%
15%
Northern
'240.
*10
15%
:
20'/a
20 V
20%
20
20
21
40
40
40
40
39%
39% :
10%
10
10
10%
10 ya
10%
10%'
1,700
Northwestern
Telegraph
15%
15
15%
15
15
15
15
1,100.
Norwalk
Tire
A
Rubber
Pharmacal Co
•
*39%
15 Ya
.20%
:
8,000
:
1
.Cum
.
7
3
Inc—
Airlines
Feb
110% May
Oct
113
Oct
50
Apr
Sep
45
Jun
95%
Oct
109%
Jun
13
21% Feb
4
18%
Nov
34%
Apr
10
46% Feb
10
36%
Oct
69%
Jan
Jan
13
22% Feb
3
13'/.
Oct
35%
Apr
9
37
Jan
2
26
Sep
61% May
9
99
Feb
1
79
Sep
16%
Dec
8
20% Feb
4
Jan
135
Jun
37%
Feb
Jan
13
25% Feb
19
21% Oct
8
41% May
02% Jan
3
53% Oct
76
May
325
Feb
11
290
Mar
20
Mar 26
43
•
275
1
7 13% Feb
3
47
Feb
107
15
38
102
Nov
7
31%
41%
22
Sep
252 Va Mar
118% Feb
18
125;
53% Jan
6
»4,tt
1
9% Jan 16
100% Mar 28
223
7
Mar
337% Jah
Mar 14
Jan
Dec !
-
;
72% May
288 Va Apr
129
23% Oct
Aug
39% Apr
Mar 14
Feb
^9%
17
115% Jan 11
111/
Dec
16%
Feb
Jan
117
May
227/. Feb
7
16%
Oct
36
Jan
96%
Dec
99
Jan
2
102% Feb
17
17
Jan
16
22% Apr
2
39% Apr
10
Apr
2
45% Jan
2
9
13% Feb
11
9
xl8% Feb
6
15
Feb
53
Nov
119
7
28%
11
17% Apr
2.50
113% Mar
'
Oct
6
20
Mar 17
Dec
11%
Jan
Jan
,25%
'
4
tV
Jun
-,
"8
223% Jan
No par
pfd $3.60 series
Northwest
220
.
32% Feb
30%
27
Apr
103% Jan
11% Jan
No par
20
;;
,
Dec
2
270
~10
50
15%
39%
10%
40
10%
21%
39%"
10%
15%
20%-
39%
Nov
106
7
40% Jan
22
——-
Norwich
v
39%
103%
108% Jan
597% Mar
1
Central Ry Co
--50
Pacific Ry
100
States Power Co (Minn) '
Northern
14,166.
Mar 11
Mar 22
102
Sep
1097/, Aug
43% May
Dec
25% NOV
82% Apr
15% Apr
North American Aviation
J
18%
104
13
16
'
9%
Jan
22
26
North American
15,600
:i3i,7oo
32%
Dec
18% Jan
-1
8
-4
100
100
Norfolk A Western Ry
910
26%
'
Feb
Oct v
16'/.
39 % Apr
50
part stk
106
15
18%
26% Jan 14
98% Mar 24
Light 3.90% pfd_100
Y Shlpbldg Corp
Noblltt-Sparks Industries
tNopco Chemical
Co
500-
'
*
r
28%
*118%
240
236%
123
28 -V ;
28% A;
28%
•"
50
16
Sper share
Sep
36% Mar 15
100
N Y A Harlem RR Co
600
•
*49%
105
No par
220
1
13%'
*36%
36%
49%
*38%
*13
106% Jan
38
Feb
18
220
X
104%
xl04%
c
10
102% Jan
preferred—-No par
$5: non-cum
17
18% Feb
100
Mining
No par
100
2
15
17
preferred series A
N Y City Omnibus Corp
700
60
16%
10%
13
6%
227/a
60
9
Feb
Highest
t per share
12% Apr
24% Feb
31% Jan
New York Dock
16 Va
15%
*20%
*55
15%
105
Lowest
$ per share
3
common .No par
New Jersey Pr &
80
19%
100
19%
16% Jan
serial preferred—100
conv
Newmont
2,100
39%
99
20% Jan
Lt Co 4% pfd-100
Corp
-10
Newport Industries
1
4%%
preferred
100
Newport News Ship A Dry Dock—1
New York Air Brake
No par
New York Central
No par
N Y Chic & St Louis Co
100
50
900
37%
*39
19%
*105%
.
39%
..
105%
♦106%
38
23
i;
59%
280
13%
13%
*21
T
*104%
108
69%
15%
23%
60
105%
28
Corp
4%%
•37%
28
Nehl
107
*106%
40
29
82%
82%
;■
*56
•
Newberry Co (J Jj
3%% preferred
*105
*105%
100
19%
40
16%
*84%
*98%
40%
17
40%
Neisner Bros Inc__
38%
*37%
27%
19%
;r:'
V
■
27%
00
19%
"
37
400
105% 105%
"*106% 108
105%
99
10%
*39
105%
*106%
*105
39
*28%
105%
106% 107
38%
38%
28%
28%
105% '
108
1
•107
1,400
11% Jan
No par
1
21%
167/«
34
■*
*104%
No par
Co
207/a
17%
21
17%
Natomas
16%
21%
17%
21%
*16%
I perthare
Par
Shares
3,000
Year 1946
Lowest
EXCHANGE
300
21%
21
*105%
*34
21%
12%
Range for Previous
Range Since January 1
Highest
YORK STOCK
NEW
12%
12%
12%
*16%
12%
17%
12%
12%
12%
22
*16%
tperthare
12%
12%
12%
the Week
6 per share~
$ per thare
f per thare r
'■
12%
Sale* for
Apr. II
Thursday
Apr. 9
Apr. 8
Apr. 7
Apr. 5
Friday
Apr. 10
Wednesday
Tuesday
Monday
Saturday
Monday, April 14, 1947
h
Apr
104% Nov
18% Nov
56%
Jan
44
Oct
55%
Jan
Nov
19% May
.
9 7
16% Deo
25
May
A
O
*34% .35
34%
34%
109%
109%
22%
23%
/
19%
20%
*?
'
■
.
*109%
109%
M 23 /
.23%
.v
20%
.20%
/
: *23%
; 105.
10%
105%
.23%
:
/
116%
; *23
"24%
.29
'29'
*158
'
.
/
r
10%
•22%
28%
28%
159 ;;
*22
-
it
74 ;:/ .74'
22%
20
19%
20
22%
r,
-
22%
22
105%
105
21%
22%
♦105
105 %
10%
10%
10%
.
33%
109% '109 %
22%
22%
28%
28%
28%
*158
24
'89
89
74%
22%
22
*21
28%
159%
1,800
110
500
28% 1
,
3,700
-28%
.
*158
-160
<
*
23
*8 £
90
*88
74
74
.74
/
*22% / 22 % k
90
74
74%
*22%
*88
■
.
'
-
/
Elevator
t
40
74%
.
•
1,400
Owens-Illinois
11% ;
74 %
1,500
Pacific Amer Fisheries Inc
-
Outlet
50
Co
Glass
Co—
29% July
7
21% Jan
2
21
Sep
22% JUn
16
25% Feb
112
36
Jun
xll9%
Jan
4
Feb
9
28% Feb
18
83% Feb
18
163% Jan
18
158
28% Feb
8
'19%
Dec
03>
Jan
4
86%
Oct
71% Mar 18
•79% Feb
8
69% Nov
10% Apr
13% Jan
.12% Jan
13
8
118
15-
Mar 28
22% Jan
2
rBS'.Jan/lOi
Jan
.
18% Nov
17
158
12.50
37% Nov
-
99% Oct
8
Feb
Apr
107
30% Bep
Jun
13% Feb
21% Jan
No par
—
Feb
28% Apr' 0
;
'•
19%
114
6%\preferred —;
;
-400
Outboard Marine A Mfg—2.50
"300
90
<108%
6
20% Jan
—No par-
com
9
18
24% Jan
101% Jan 13
10% Apr 7 2
•
—
Otis
Jan
16
19% Apr
■
810
38
111% Feb
21% Jan
——100
—
Oil Co—
Ohio
2,100
1
115% r
23%
*114%
159%
i
10% :
v
33 , Apr 11
109% Mar 14
•
.—
-Wo par
Oklahoma Gas A Elec 4% pfd—20
Oliver Corp
No par
4 % % convertible preferred—100.
Omnibus Corp (The)
6
8% conv preferred A
100
Oppenheim Collins __;
—10
1,300
i;tj 79
10%
24
.
20%
-
Co
preferred
4.40%
13,500
xl03% 104%
115
80
v
Edison
Ohio
500
22%
-
20%
10%
28%
22%
22
'
22%
X 105 >/4
..*21
160
*158
160'v
;
*22%
22%
115
22
,28%
•
110
10%
114
114
115
22
.
,
33
20% j2oya
24
/
h: i
.
*109%
22%
90
:
*88,
'■;
109%
22%
114
22%
33%
109%
;V 105.
116%
159
23
90
33%
23
10%
>
160
23
;*89
23%
105%
10%
,
J
34%
22%
i/h
22%
*115
*33%
33%
33%
*109% 109%
20
&
105%
..
10%
*115,
!
•
i :
,
:
10% NOV
xll3
120
Sep
25
-
17'/. Jan
Deo
Feb
/Oct
51% May
39% Feb
Sep
180% May
'•
28
,
,
35
Jun
111% May
100
:
Apr
Jan
:>
11
11
•
\*16
17
, ?63.
: .66
*35% ,;37%
10%
.
*15
.
;
\
ii; :
66
.
.*35%
37%
39%
39%
39%
39%
58%
58
58 &
.*30%
31%
V.113
113
.161% 161%
5%; /5%,
,•.*27%
27%
"A
6%
-13%
14%
,48%
30%
•
i3%
5%
13%
13% iC
*14
49 V
*109
(109%
7%
7%
•70
73
*46
v
.
;
•
48%
46
46
:
/
v
3%
■
39
39%
12%
,
»
12
*108%
<;
*107%
27
46
38%
13%;
15
"108'/a
109%
7%
71%
600
:
*70
"107%
25%
45
•
14
3%
38%
37%
28
31%
30%
30%
30 %'
11%
11%
11%
11'/a
11%
11%
13%
13%
13%
137/a
137%
.
14
Park
A
Park
Utah
Parke Davis A
-
.
600
'
Parker Rust
5
1,900
Parmelee
3,300
Patino
75%
75%
100
38
38
37%
37%
*36%
43%
•37%
38
42%
300
43%
42%
43%
42%
42 7/8
42%
43
12%
12%
11%
12
42%
12%
43
12%
5,500
13 V
13
Penney
*8%
13%
13
9%
*8%
9%
*8%
9
Penn-Central
22%
22%
*34
35
*109%
113
22
7:
77
22%
*34
35
109% 113
*109%
21
21%
34%
34%
113
*109%
20%
20%
20%
20%
20%
20%
21
21%
20%
44%
2iya
20%
i ■? *43%
20%
'44%
-.*47%
45%
50
93%
?
*47%
93%
*16
17%
25%
22%
112
93
*21%
112
;»'5;
108
93 M
29%
*106%
9%
*107
*9%
;
.
2.80;
r,;:
20%
207/e
20%
20%
34,400
45%
*42%
45%
100
*48
49
*49
49%
*48
49%
92
92
*16
92
92
92
16%
16%
17%
*16%
26%
26%
26'/a
257/a
20%
21
22'%
22%
*21%
*107%
112
257/a
92
29
28
108
112
94
28%
28
28%
108
*106%
9%
400
Peoria
24,400
A
Eastern
Pepsi-Cola
22
1,100
112
500
5%
5%
3,300
*27%
28%
600
Pet
900
Petroleum
*106%
9%
108
9%
Milk
4%%
9%
Saturday
'
Monday
Apr. 5
Tuesday
Apr. 7
S per share
*14%
•
'{•••
Wednesday
Apr. 8
/
Thursday
Apr.»
14%
54%
•
57
*14%
54
39%.: 40"
58
56%
;56%
i
".56% :
107%
107%
t
106%. 106%
,
108%
i
24'/8<
i
277/8
/
v
277/,
*117%
247/g
v.
120
'*107%
14%
26%
*25
26
100
v
34%
,
*87
'14
34%
V
12
12%
*175
For
v*181
footnotes
see
*87
-14
>;
.
<
*
1,,
■
24%
23
-
;
*175
,
:
page 27
;
*182
:
•.
/
;
24
;
'
26
*86
:
52 /■/
'
Ry Co
21
24
13
Feb
18
37%
50
109
r
*
11%
Mar 24
Apr
Apr
111-
15
3
105%
56
Apr
Dec
14%
90%
110
Oct
Jan
Apr
May
32% Jan
2
27%
Oct
39% July
4
52
Nov
82
4% Jan
6
3%
Sep
43 »-'■ Jan
9
35%
Jan
48% May
26 r- Oct
Feb
Oct
Deo
24%
Jan
8
64%
Sep
81
Dec
38
7
Apr
48% Feb 11
8
40 y.
Nov
57%
Jun
12
11
15% Mar 31
Jan
84
Mar 15
4
12%
Dec
45% Jan
19
6'/4
Oct
16%
Feb
30%
Jan
16
25% Feb
25
17% Sep
18
35
Feb
25
28%
Mar 24
117
Jan
29
22
Jan
29% Jan
Jan
11%
14% Feb
■
14
.
Apr
7%
35% Aug
22% Jun
34% Feb 21
11
37% Aug
115% July
Feb
Jan
110
6
20% Sep
26'/. Feb
3
Feb
25
51% Jan
6
25
Sep
37% Nov
51%
49
Apr
Apr
2
Jan
21
Jan
27%
8
44
'
20% Apr
92
55
101% Feb
9
Feb
47%
Deo
Jan
68
May
86% Nov
115
Apr
43
13
Feb
3
14
Oct
51%
Jan
16
31% Feb
15
21%
Sep
40%
Jan*
18% Mar 15
23% Jan
16
16
Oct
36%
2
100
Oct
132
Jun
Oct
109%
Jun
Sep
16 % Mar 15
100
24% Jan
100
100
105
No par
YORK
Jan
56%
Sep
4%
108% Apr
•
27
20%
Dec
100
7
Dec
Jan
53% Jan
III
33%c
28
Feb
22
Xll5
26
Apr
Mar 11
95% Apr
2
75
Apr
9
34
Jan
4
28
Feb
5
108
8% Jan
preferred
of America
-
9% Feb
79% Feb
:
Oct
Oct
14% Feb
:16V4 Jan
:
8
3
5%
Feb
34% Apr
12 % Feb
18% Nov
9
Jun
11%
14
80 i
105 X
100
105%
; Mar 27
2
8%
9% Jan
Jan
43% Mar
109
Sep
Dec
Mar
14%
Apr
Range for Previous
STOCK
v
Highest:
Lowest
:
28%
*117
257/8
96%
31%
89
100
*25
26
*&3-
-
52%
106
*98%
/
f
7*97%
Z-
*24
52
;
.
Philip
.
•
/-
---
89
7
.
*"
.
52%
7,700
■
.
51% Deo
76%
Jan
Dec
117%
Jan
7
109
Mar
107
-•
12% Jan: 13
•
15
♦13
15
♦33%
34%
:107%
*105
*105
•
■
106
*13
'
.
22%
11%
-
99
22.
22%
•
:
-
-
*175
.
.185/
♦182
>
-
107%
11%
*98
22%
-
23
*175
*182
11%
100
-22%
I
i<
.
33%
300/
600
70
Phoenix Hosiery
•; Plllsbury Mills Inc.
-$4 preferred
.21
11
43% Jan
18
Feb
109
97 7 Mar 29
101
50% Mar 15
:jan
Jan
/'Mar
: 31*7 Feb
29 J.
91
34
;
122
July'
May/
.
7
Feb
Dec
Feb
Jan
102 /
J
/
*
22%»
22%
23
185 •'
r'*182
tName changed
/
$5
Pitts
1,200
-
V 185
Pitts
210
8,000/
>;'
*175
-/
1,600 /
•
r
conv
-
from Nntloiial CHI Co.
Pitts
Chemical
Jan
Jun
104%
Dec
112
96%
Dec
Ft
Forgings
26
18/ Feb
2
Feb
Oct
.
20%
-
'Deo
84
49
;
j
•!
i
8
108
-
Co
Co
Wayne * Chic Ry—
7% > preferred
^1 /
1
<
100
2
6
.
Jan
Feb
36
Jan
.
18% Jan
20
• Jan
2
23% Apr
3
16
26% Feb
10
:
100
Mar~14 /•? 2oi
-
Jan
2
1
:
f ;5.'' i.
41
«' Jan
ti
36
s
Dec
\ i
110
;
Feb
102%
:
Sep
Oct
7% Sep
89%
Dec
17 V*
:
Nov :
•200:
136 / May
15'/4 Feb
106
(
:
^
Feb
26% May
Dec
'30
Feb
-July
202
/ May
.Nov
210
-
xl6%
197
186
i-i
89 * NOV H:
'73% 3** ^
29'/. Sep
•
Feb 19
'3 13 % Jan~II
/102
Mar 29
U>
j
16% Dec
1
Feb
37
123
10% Jan
97
:
-No par
Coal
Apr
33 /
r
106% Aug
-
100 '*
Co—No par
preferred:
Consolidation
Pittsburgh
/
—
—-
Coke &
,.14
XU
Sep
71
/ 33% Sep
26:
7
19%
47
Dec
89
-
8
58% Jan
17
103% Jan / 2
No par
Pitts C C & St Louis RR—
11%
100
22
•
*
25 :
;
i
30% May
,
Oct
20 ys
- v
25
105%' Apr, 1 '
81-
;
98'/b Mar 17
3
11%
-
15
Jan. 16
93V4 Jan
22
•
*105%
11%
*98
22
15
33%
*106
•
♦105
:
99
22
105%
'
7"r
«
1077/a Mar 28
% Feb • 1
30% Feb' 18
-Dec
116
Mar 21
119
-
24'/. Sep
27% Dec
2
21
4
-No par
'
t
,
6
27% Jan
Jan 22
100/
-No pari
100
Petroleum
7 Feb
29% Jan
24% Apr 11
28% Jan
3
105% Feb.
100 :
Phillips Jones Corp_
-5% CUm prAferrpd- -PhiHips
May
May
^,29%SeP
5 / ? 31% Apr
preferred
80
^x48
2
13
118
100 ;
4%
preferred
3.60% series
:
1 /
3 7
;
pfd series A
Morris & Co. Ltd
35%
16% Fob
Apr
Jan
Mar 20
59
100 7
Cpal 81 Iron
Corp
-
62% Jan
100
3%%
.100
,
Read
13
43% Feb
16
Jan 17
105:
No part
preferred
&
Philco
180
25%
;7 *8d '
52%
7
7,600
f
100'
3.8%
/;
20
46% Mar 14
55:
No par *
com.
15% Feb
16
36% Jan
1
25
preferred—50 :
.—No par'
$1
Phila
14% Jan
—No par
A
preference com
4.4% preferred
.5,100
.5,800
•
*104%. 106.
;
89
-52
;.
32%
106
;
-
-
660
;
96%
32%-
32
•
•
!
25%. ,25%
97
*96%
$6 preferred
Phila Electric Co
: 7,400
1,600
; /
1087
70
.
;
Phelps-Dodge Corp
Philadelphia Co 6 %
8io
119
*106'/8
34%
34
'
$ p er share
$ per share
t per share
$ per share
Par
Year 1946
Range Since January 1
Highest
Lowest
:
*13
v
11%
,*
120
—25%
32%
100
*25
22%'
__
.32 :
*98%
11%
>185
96%
/
:
.99
21%:
257/a.
96%
106
J:
__
11% ;
99
.
13
14
19% Jan 27
No par:
Pfelffer Brewing Co
Pfiser (Chas) & Co Inc.
12,500
.
"
28%
♦116%
25%
X
14
.*105%
24%
-28V4
25
105,
24%
W'13%7 13%
•
34%'
105
13%
i
!///•
53%
105%
28%
;
;
107%
.
32% Apr
7% Feb
10
8% Apr
EXCHANGE
.3,100
'
56.
'13%
26 / '
90
53'/a
39%
56
107%
*105%
<105%.-106
/
'
•/"*33%
•
190
33; ;./:
Oct
15% Jan
10% Feb
Corp
NEW
600
'
,
'
13%
■
106%
52%;
14
23%
*24,
f
•
32%;
53%
•
56%
-24%
120
t
14%
107%
f.
Corp
'Shares
107%
/
*25
/
34%.•
100
22%
24%
190
t
106
■100
*175
.
/
26%
5
18% Jan
7
Co
the Week
-
.13%
96%
*98%' 100 r
•
h:
;
54
11%; 11%.
.
23%
24%
!
34%
•
*105%
100
23%
90
*105
i_-
100
*181
r
53%
*116%
'
14 v;
Sales for
<
'38%,
7
40
:
105%
28%
14%
54
39%
--56-
25
28%
120 Z
*105%
X'
i
24%
'
.25%;,
I.:
'
26
'•
14%
53%
-
106%
28%/
13
'
567/«
*105%
Friday f
Apr. 11
8 per share
-14%
53
54%
39% ;I 39%
56%
'
.96%:
•
;
/
-
/
;-107%" /
.13%
-
1
*25
106
*105%
26%
*98% 100
15
-
*116%
/•
;
53%
*13%
:
k
X107
/
:
24%
28
■
;
90
*105
I
24%
/
;
97% | 97%'.
:
33%: 33%
•105% 106
>26
.53%
120
40.
57%'
14%
'
/
27%: 27%
547/a
39%
v,
107
*87
/
•
xl37/$ ' 14
t
33%
*98%
25
54
/
;
<
(107% 107%
97%
**105%
r
24%
26%
97%
33%
54%
;
*117%
,
107%
14%
•
■
*14%
-
•.
Apr. 10
I per share
t per share
•,
;? 14% /;?
14%
40%
/
*107
■
14%
54%
40%
■
I per share
$ per share
Feb
STOCKS
■
■
Co
Co
2nd
-
10% Mar 20
1
10
prior preferred
preferred
93%
7
.
9
37% Apr
Pere Marquette; Ry Co———100
93%
108
9%
1,100
17
26%
*110
92%
9%
•.
*110
92%
*106%
9%
9'/2
92
20%
Sand
181% July
17
42
preferred...
100
Penn Power A Light Co...-No par
Pennsylvania RR
50
Pennsylvania Salt Mfg Co
10
Peoples Drug Stores Inc
5
Peoples G L & Coke (Chic)
...100
13,800
20%
20%
Cement
Glass
Dec
Jan
'
74
5 %
*43%
20%
Airlines
LOW AND HIGH SALE PRICES
:
.
Penn
164
f* 11% Apr /- 8
II % Jan
p:
No par
Co
Corp.
A Coke Corp
Penn-Dixie
8
37% Apr 711.39.
Feb2*.
-No par
C)
Feb
/
No pari.
(J
.
3 % Apr
45
.
1
*-No par
...
Penn Coal
113
45%
92%
29
9%
*109%
20%
112
*106%
/
113
20%
21%
92
108
100
20%
26%
21%
29%
106%
1,600
34%
167/8
257/a
X/X
*109%
21%
*34
93%
*16
92%
*29
108
*9%
113
92%
113
100
21%
22%
35
New
7,800
8%
20%
-
50
92%
26%
22%
21%
*34
13%
£'%
9
*43%
45%
*477/8
■:
93%
17
*16 %
26%
22
v.
50
93%
26%
i,
44%
38
*8%
35
*34
v
9
21%
21%
</;/
*8% X
*37
168
24% Mar 14
1
Penlck A Ford
12%
160%
5 :
137/a Mar
1
Transportation
No par
A Enterprises
43%
y
Oct
11% Jan 16
Mines
38
Oct
122%
8
Co.
Apr
28%
2
69% Apr
108% Apr
Mines
Jun
48
19
129% Jan
40% Jan 13
104% Jan 25
'
r
Jan
67 Ya
l39% Feb
Jan.17
6
;
:
47% Jun
8
16"
Mar
21% Jan
..
100
'CoiX-,.—„.
Proof
'
Mar
48
36% Oct
54% Sep
No par
Consolidated
Dec
24
18
13
Tilford Inc
86% Mar
11
5% Jan
4% conv preferred
Paramount Pictures Inc
25% July
38% Mar 26
1
Inc.
Cos
1,500
;
31
,
Paraffine
19%
Dec
Nov
62% Jan
3
10
161% Apr
100;
Panhandle Prod A Ref
8
43% Jan
105
Corp.^2%
8
—
10% Oct
12%
49.
1
Feb-
:
Apr
28% Jan
Nonpar
100
100
—1
10
& Transp
preferred
Feb
19'
.73
:
—No par
-
Airways
6,200
377/8
38%
31%
;
American
4%
37,000
3%
X38%
14
Consol'd Corp
Western Oil Corp
Tin
1,800
3%
11%
'•l:Ti1%,
14%
130
26%
45
46
24 -Jan
Panhandle East Pipe Line—No par
109
"
*14%?; 14%
—
Pan-Amer Petrol
6,000
7
26%
3%
-
Pan
2,400
.
-
7
18
16
36% Apr 11 '
:
No par
Teleg
-
' Jan
54
non-cum—No par
*_25
Packard Motor Car
100
48%
32' 5.'? X
31%
Pacific
'48%
109
45
3%
13
*14
7'/a
26 y.
45%
3%
13,000
108%
•
*107%
257/a
Pacific
24,300
.21,800
50
Electric.
A
Telep A
preferred
6%
2,000
.
6% ;
6%
74
45
31%
preferred
'
*70
26%
3%
6%
13 Va
7%
•
30%
^
90
;
!
49%
108%
71%
5%
2nd
'
15
48%
109
109
127/a
161%
5%
5%
Z
109
161%
32
*14
7%
109
'
/
13%
487/8
7
26%
/> i 38%
5%
6%
15%
*108%
39%
-
108
161%
29%
12%
7%
-
6%
48%
<;
32%
12%"
75%
h
•
-
;
•
1st preferred non-cum.,—No par:
;
190
,
?3o "•;. 30%
30'/e
109
161%
-
32%
45%
*38%
>32
t
32%
.LR
*32
162 i
*14
109
3%
Mills
Pacific
v30%
71%
3%
Pacific
600
55
70
.
3%
;
:
2,000
36% 1
37%
54%
697/8
V
Lighting Corp
36%
57%
6%
13%
.
Pacific
36%
38
54
/
'
;V 3%
; 7
Gas
1,300
37%
37
»
_5
—10
Co
Pacific
37%
30%
Coast
13,200
37%
57%
108
Pacific
90
38%
5%
49%
*108%
7%
7%
72
*70
I *108% 109
t 26%.
27%
<
•108% 109
27%
109 m
90
;
57%
30
»
15%
48%
16
64
*161%
-
6%
*14
f
15
*60,
109% 109%
30%
-12%.
-
15%
48%
109 i
16%
64%
30 /
,,
ill
6
11%
*15
*60
37 *
-
30% A
: -
11%
16%
66
38%
i
ki
58 '•
28
6% V'; '
14%
!
39%
161% 161%
5%
5%
'
11%
*15
*60
f
v/
37
110%
t
27%
48%
t
30
V
;
161%
(5%
> 6%
27%
v
111 ;
27%
6%
x
37
v..
11%
10%
-
16%
63
38%
V/V 57%
30%
.110;
*161%
r
63:
; r -'
*57%
<
10%
,10%
;
m *15
.16%
•
66
*
Mar
1
'!
.
'
Volume
165^ Number 4585
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW
YORK
STOCK
RECORD
LOW AND HIGH SALE PRICES
Saturday
Monday
Apr. 5
4
$ perthare
371/4
35%
•81/4
81/2
8%
111/8
111/4
711/2
74%
♦175
•115
72
15
200
♦175
23%
22%
131/2
♦121/4
23%
23%
23%
22%
•16
17
13%
35%
•175
200
22
♦12%
23
21%
16 %
16%
Friday
8 per thare
13%
/
35%
36%
8%
11
10%
118
V
35%
8%
8%
11
*113
4,100
•112
Pitts Screw & Bolt
1,900
8%
•
10% V 11
118
Pitts Plate
Pittsburgh Steel Co
7%
preferred class
5%
preferred class
115
80
69%
66%
68
460
♦74
74%
76
76
75
76
220
♦13%
14%
15
400
♦175
♦13%
23%
22%
22%
21%
21%
16%
14%
190
13%
41%
♦175
21
13
13
22%
22%
22%
*21%
22%
21%
21%
500
15%
15%
15%
13%
13%
♦15%
13%
3,700
100
/
16
123/4
61
61
60
59%
25%
26
25%
25%
25%
25%
25
25%
25
25%
98
98%
98%
98
98%
98
98 V
98
98
*98
33%
33%
33%
33%
X34
34
24%
23%
23%
23%
24%
107%
107%
108
117%
116
116%
59%
34%
34
34
*33%
24
24 y4
23%
24
23%
♦108
108%
"116%
107%
108
107%
108%
107%
116%
117
116
60%
60%
Pressed
4,800
Publlcker
220
125%
125%
126
125%
126 Mi
125%
126
125%
1253/4
140
14o
114%
139%
140 %
140
141
140%
141
140 %
142
140%
142
114
114%
112%
113
112%
113
*112%
113
*107%
112%
*112%
57%
56%
57%
56%
57
55%
56%
56%
57%
25%
24%
25
24
24%
23%
24
24%
24%
107 %
*107%
108
*33
108
33%
*21%
103
33
213/4
*21%
107%
33
33
213/4
33
21%
107 %
213/4
33
33
32%
*213/4
Deo
92
Jan
7
Oct
28
22
29% Aug
10
20%
25
Oct
3
14 y8
Oct
27%
Feb
13
11%
Nov
30
Feb
Feb
Feb
43
13
Feb
17
Dec
63%
Feb
11
53
Oct
713/a
2
32
Nov
67
Apr
May
13
11
102% Feb
38% Jan
21
Jan
2
110
112% Jan
2
Mar
983/4
139% May
112
100
127
2
142
Apr
10
213/4
500
150
Jan
112% Apr
9
114% Feb
8
Nov
117%
Feb
51% Jan
13
61% Feb
3
47%
69%
Jan
21% Jan
Sep
13
25 y2 Mar 28
193/4
Feb
No par
100
Re!
..
No par
preferred
Quaker State Oil
Sep
Sep
No par
(The)
Purity Bakeries Corp-..
Jan
1143,4 Aug
119% Jun
10
1.400
Jan
126
108
Feb
conv
Jun
1153/4
31
127
5%
May
July
41
30%
119% Jan
2
Pure Oil
105 Va
Sep
Oct
103
118% Jan
9,600
Dec
31
17%
1
100
500
33
38
2
25% Feb
16
preferred
Pub Ser El & Gas pfd $5
Pullman Inc
Sep
July
65% Jan
preferred
280
Oct
323/4 Jan
8%
5,600
?
Jun
24
Mar 11
Jan
Nov
31%
12% Nov
7%
■
Jan
200
19
33% Mar 25
100
May
243A Mar 28
183/4 Feb
107
Feb
Jun
34%
Nov
13
14% Jan
Mar 20
Jan
141
Oct
200
5
16
97
12%
23
24% Feb
21% Jan
Colorado—20
preferred
68%
Feb
96%
1,320
24%
203/4
6%
of
Nov
1,480
-
108%
33
22%
1,220
57%
24
108%
33
*21%
22%
57
s
108
107%
1153/4
Co
59
200
59% Apr « 8
2 4'/a Apr 11
No par
Service
Mar 29
Mar 31
15% Mar 20
No par
$5 preferred
Public
Oct
12% Jan
x38
of N J com ..No par
950
117%
25
preferred
cum
21
103
17% Feb
23
Jan
21% Jan 13
■
No par
5
Inc
Jan
22%
Sep
Mar 31
74
18% Jan 13
12% Feb 26
50
Pub Serv Corp
108
Xll5%
$4.75
Industries
14
Oct
Feb
30
78
13% Mar 19
No par
1
Inc
A
1,400
11,500
24%
125
*56%
Co
ser
Procter & Gamble
5,400
117%
!
B
Car
preferred
25%
125 %
*114
Steel
61%
117
,
200
1
4% %
125
,
18
13
Pocahontas
24%
107%
Jan
Jan
5
Poor & Co class
41
23%
61
Pond
Deo
9%
119
67
5
61%
61%
-
7%
8
13
8
100
1
pfd
Jan
14
18
100
100
A
pr
483/4
9% Feb
13
Apr
tper thare
1
9% Jan
115
Highest
I per share
42% Feb
7% Jan
.
100
100
Plough Ino
Creek
Year 1946
Lowest
9per share
35% Mar 11
No par
Plymouth Oil Co
7,300
98%
34
34
60%
*40%
conv
1,300
13%
98
41
*40%
No par
B
Pittsburgh & West Va
Young & Ash pfd
Pittston Co
(The)
2,400
22%
•
1st ser
I per thare
10
Glass Co..
Pitts
22%
13%
22%
42
♦40%
5%%
190
22
13
13
•.
♦13
21%
15%
,15
♦175
200
21%
•12'A
21%
•
Bange for Previous
Range Since January 1
Highest
Lowest
Par
4,600
68%
22%
12%
STOCK
EXCHANGE
i
Shares
35%
*40%
59%
42
NEW YORK
691/2
68%
12%
♦40%
the Week
8 per thare
1
13
43
Sales fur
Apr. 11
*
Apr. 10
8%
10%
♦113
15
':
Thursday
/
36%
8
-
74
22%
16
13%
♦40%
/
71%
♦13
.
I per thare
11%
74
Apr. 9
"
115
70
23%
*22
%
8%
10%
115
22%
13
36%
8
8%
11%
200
23%
/
36
118
♦121/2
*22
•
STOCKS
Wednesday
•
9 per thare
711/4', 72
73%
741/2
*13i/i
15
751/4
•131/2
36
♦11
117
>;>
Apr. S
8 perthare
36 V4
117
Tuesday
M?
Apr. 7
(2017) / 25
107% Mar 10
No par
,.
31% Jan
Corp—*.19
20
109 7/4 Jan
16
17
36% Feb
Mar 14
107
4
Oct
30
Sep
'y
23% Jan 27
28% May
115% Jun
38%
19% *eb
Feb
253/4 Aug
R
8%
8%
*76%
77%
13 s,8
*102%
.
13%
35%
35
22%
22%
*22
36 34
36 3/4
20%
20%
*12%
14
25%
r7%
•'
153/4
27%
*111%
•
78
30
7%
7%
13%
28'
113%
22
31%
*13%
39%
*47
*102%
*21%
15%
*28
*9%
35%
133/8
133/4
*102% 103
103
34
34
22
21%
213/4
36%
37
19%
19%
213/4
22%
37
3,500
45
*34%
37
*34%
12%
13
*13
33
37
13%
13%
106y
100%
13
*36%
18%
1033/8
123/4
19%
*100%
12%
19%
45
*42%
*42%
300
31%
113
13%
40
47%
103%
21%
15%
29
10
45
37
200
12%
13
1,200
100 Va
13
102
100%
12%
3,600
100
26
25
25
243/4
24 3/4
24%
24%
*24%
24%
15%
15
15
15
15
15
15
15
15 Vt
80
*79
82
*79
15%
*78
80%
33
*78 Vt
33
*101
104
29%
32
80
31%
101%
28 Va
29%
?7%
80
33
101%
102
29%
*101
32%
27%
7%
7
7%
6%
•
7
6%
'
63/4
13%
13%
13%
*13%
27%
25%
273/8
112%
1113/8
1113/8
21%
21%
20%
*
110
30%
112
31%
30
112
20%
*107%
31
♦110%
1103/4
13%
*12%
13%
40%
393/4
40%
39%
♦47
47%
21%
15
46%
1023/4
21%
20 3,4
47
*102
2iq/4
700
25%
*107%
110
12%
383/4
48%
*46%
*47
*102%
20 3/4
103
30 3,4
21
21%
15%
153/a
9%
93/4
9%
9%
93/4
93/4
22 Va
22%
213/4
213/4
*21%
22%
22
49
49
*48%
52
21%
21%
21%
*22
51
223/4
51
22
22
*27
28
21
♦27
Revere
1,700
3,500
Ino
Coper
SVt%
preferred
(R
Common
20%
Monday
Apr. 5
8 per thare
51%
51%
Tuesday
Apr. 8
Apr. 7
9 perthare
7%
7%
51%
7%
73/4
63/a
26%
25%
26%
25 %
100
10
5,100
600
22%
22%
22%
22%
22%
51%
50%
493/4
500
22%
20%
1,200
Ritter
Company
< perthare
51%
50%
9 per thare
51
49%
NEW YORK
7%
7%
6%
50%
i;. 73/8
10,300
25%
253/4
251/4
25%
4,500
22%
22%
22%
22%
22%
3,000
*9%
10
9%
9%
9%
9%
35%
36
9%
33%
33
34%
33
33%
32%
43
343/8
42%
43
58,600
42%
43
44
44
44
44
42%
42%
*42 %
99%
99%
99%
99%
98%
98%
♦100%
100%
100%
100%
100%
100%
Xl5%
15%
16
16
♦93%
95%
20%
20%
*93
16
95%
19%
*93%
26%
*7%
343/4
34%
35
13
13%
12%
12%
13%
13%
13%
35%
35
13%
13%
13
13%
*13%
13%
13%
13%
35%
13
.
13%
123/4
22%
22%
22%
22%
*32%
33%
31%
32%
*24%
24%
85
24%
*80%
243/4
*80
85
18%
18%
18%
18%
*18%
18%
*18%
26%
18%
27%
7%
27%
8
*&% -5%
37
37
7%
15%
*72
♦108%
5%
*44%
15%
71%
71%
163/4
17%
163/4
22 %
*21%
22
*47%
49%
*48%
49
34%
*7%
34%
34%
34%
12%
:'
13
12%
13
13
h.
123/4
1
123/4
13
200
8
34%
12%
*23%
24%
23%
24
23%
85
*80%
83
*80%
83
X80%
•
123/4
900 i
22%
32
31%
15%
70%
16
*21%
Servel
26
26%
26%
7%
x7%
27%
73/4
5
35%
35
46
46
15%
15%
5
153/4
70%
45
71
16%
22
45%
70%
16%
*21%
45
*98
99
*98
99
*98
1
98%
31
*30%
31
30
30
*29%
30%
*29%
34%
7%
35%
45%
153/a
47
27%
5%
*44%
99
34
34
//
Shattuck
34%
Shell
4,800
,
35%
703/4
46
:
15%
70%
71
153/4
16%
22
15%
*21%
45
45
45
34
98
98
♦97
98 %
31
*28
30
34%
1,700
14%
14%
143/8
14%
14 y8
14%
4%
4%
4%
4%
4%
4%
43/8
4%
7%
73/8
49,200
6,400
7%
7%
7%
7%
7%
7%
2,500
54%
*54%
54%
18%
18%
17%
18
17%
173/4
17%
17%
163/4
17%
*47 %
47%
47 Va
47%
47
47%
46%
47
46%
46%
163%
163%
163%
*161
163%
163%
163%
333/8
33%
32%
33%
323/4
25 3/4
25%
♦25%
253/4
25%
253/4
2,400
39
39%
39%
40%
38%
39%
22,200
26%
26%
26
26
26
26
40%
41
40%
41
39%
40%
For footnotes
see
page
27
~
Nov
Dec
8
Jan
2
100
Oct
31% Feb
7
20
Oct
34% July
if 9% Jan
— 8% Feb
7
7%
Nov
24%
Apr
3
?
Dec
17%
Feb
•15% Feb
4
133/a
Oct
213/4 Feb
30% Feb
21
24%
Oct
40%
Mar 28
107%
18
9
102
5
113
3
Jan
♦163
166
323/4
54%
16%
46%
32
32%
30
5,500
<
Feb
Oct
118
Sep
Sep
31% May
110% Jan
136
Apr
i
Apr
Jan
2
24%
Jan
28
105%
Sep
Sep
16% Feb
7
123/8
Nov
28%
Feb
44y8 Feb
4
36%
Sep
46%
Jun
50
Feb
3
43
Feb
50% July
104
Feb
6
100
Nov
3
19
Dec
38
123/4
Oct
20% May
25
Oct
<
7
25% Feb
16% Feb
10
45%
Jan
Jan
1083/4
Feb
Jun
3
10% Mar 31
Oct
13%
Feb
243/4 Mar 31
17
Oct
30%
Jun
60
6
40%
Sep
65
21*
213/4
Oct
34%
Apr
31
97
14
9
11
Feb
Jan
26% Feb
3
.
6%
44
Apr
May
Jan
Year 1946
Lowest
Highest
15
55 % Jan
Highest
$ per share
Sperthare
45
2
$ per thare
64
Sep
May
8
12 Ye Jan
11%
Dec
12%
Dec
32% Jan
30%
Dec
33
Dec
16
24 y2 Mar
22
Nov
34% May
1103/4
114% Mar
18
Jan
55% Jan
53
Nov
100
49% Jan
42
Oct
61
Aug
July
100
Dec
25
100 % Jan
101
98% Mar
23
Mar
3
Feb
15
42
Sep
Sep
37%
55
77%
Feb
8
28
Apr
2
23
Oct
39%
Apr
Feb
6
6% Nov
17%
Feb
49%
Apr
ioya
17%
Jan
2
35%
16 % Feb
8
10% Nov
39
13 y4
16 V. Feb
11
16% Feb
Jan
110
7
25
12
Jan
2
17%
'■ Feb
18
23 y.
203/4 Mar 11
i
Jun
102% Nov
16
12% Apr 1
12% Apr
9
Mar
Mar
20
24% ^eb 13
7% Jan 13
34*/a Apr
9
11% Jan
2
107
110%
95% Dec
Apr
18% Jan
116
Sep
93/4 Nov
11% Feb
3
;
123/a
105
Nov
Jan
23% May
22% July
Nov
24%
Oct
Jan
113% May
Dec
32%
Oct
Apr
Feb
16
36
Oct
40%
23% Apr
11
33% Jan
6
23
Jan
79 y2 Jan
10
82
Feb
19
77
Jan
213A Feb
18
17 Va
Sep
39% May
91% May
28% Apr
Feb
10
29
18
Jan
Apr 11
26
30% Jan
/
34
Jan
46
,
Jan 30
16
6
9% Feb
7% Mar 14
5
Apr. 8
1
No par
Steel
22
9
Mar 17
17
63/4 Feb
8
41
Jan
7
51
Feb
21
,16% Jan
8
65
'<
72% Jan
Steel
&
Iron
20
;.
Co—20
34
98
& Sons
Carpet
11
30
Apr t 9
Apr
8
Apr
2
Mar 26
43%
273/4 Feb
8
Jun
117% July
14% Feb
Dec
5%
Oct
Jun
33
Nov
56%
38%
Jan
61
15
Oct
20%
Jan
85%
Jun
May
7
54
Jan
20% Feb 13
233/4 Jan 29
Mar 15
21% Mar 20
45
3%% cum preferred
100
Smith * Corona Typewriter-No par
14
Sep
27%
21
Sep
24% Apr
42
Oct
91
v
58
Feb
7
39
■
Jan
23
35% Nov
•
Feb
Jan
55% May
101% Jan
7
99
Dec
108
July
35 y2 Jan
6
29%
Sep
48
May
18%
Jun
15% Jan
13%
Oct
1
4% Jan
3
5% Feb
4%
Sep
8% May
7.50
7% Apr
9
8% Jan
7y8
Dec
9
Nov
——50
51% Jan
24
54% Apr
52%
Dec
53
Nov
Southeastern Greyhound Lines
5
South Porto Rico Sugar
—No par
8% preferred
100
Southern
California Edison
25
163/e Apr
46% Apr
11
223/4 Jan
20%
Dec
22%
Dec
11
56
48%
59%
Feb
13% Mar 14
5%
:
Apr
Jan
South
1,800
Jun
105 y8
39
16
Socony Vacuum Oil Co Inc.—.15
3,300
46%
*163
May
50 Va
124
153/4 Apr
(A)
27% May
101
110
3
Mar 18
43% Jan
Oil
Am
Gold
&
Platinum
South Carolina E & G Co
200
16%
166
&
*
32% Mar
109% Mar 31
15»/8 Mar 12
Smith
30 ;
200
14%
54%
America-
$1.20 preferred ——No par
Smith (A O) Corp
—10
700
7%
-
of
v
4%
33%
14%
74
8
Sloss-Sheffield
700
14%
33%
Apr
Corp. ———No par
Skelly Oil Co
15
1,200
7%
14%
Corp
Simonds Saw
Sinclair
22
34
'34%
100
4%
34
45 Va
18
16% Jan 13
—
27,300
14%
34
Dec
84% Feb
98% Jan
No par
King Coalition Mines——5
Simmons Co
No par
1,800
•44 Va
Xl5%
V
7%
.54%
26%
13
Feb
Pen Co
Silver
4%
*161
1
(Frank G)
Sheraton
3,600
,
14%
•
Jan
173/a Feb
96% Jan
3
15% Mar 14
65% Mar 13
UnFon"ou"—Z—IZ—IIIl5
5,800
73%
7%
54%
125 y2
40% Feb
17% Apr
5
4%
*53
Sep
41% Mar 14
Steel
27%
14%
54%
Gas
tt
8heaffer (W A)
36 %
16%
Oct
76%
Jan
9
9% Apr 11
11
Corp
No par
Dohme ——.—No par
pref ser A
No par
26%
*21%
16%
32% Apr
400
70%
112%
Dec
9
112
$3.50 conV
1.000
363/4
Sep
2iyBJan
No.par
Sharon
17%
22
Apr
Nov
123/4
2
6% Apr
1
common
preferred
Sharp eh
18%
34%
*53%
Inc
$4.50
100
18
153/4
31
15
99
24% Jan 16
100
2,800
1,500
*17
46
Mar 14
48% Jan
.,
No par
313%
18%
*30
54%
pfd
23%
17%
♦98
♦53
cum
80%
17%
*34%
34
-
Oil
■18%
5%
1
4
Feb
11
29% Feb
9 perthare
_No par
..No par
Shamrock
17%
5
Jan
Jan
20% Apr
3
2,500
18%
7%
10
49
1.75
22%
17%
75/8
46 Va
7% Jan
Sears Roebuck to Co———No par
18%
5%
Oct
8
20% Mar 12
Seeger Refrigerator Co
——5
Seiberllng Rubber Co——1
18%
363/4
2
26
-100
Corp
i
4,400
18%
73%
Jun
36%
Jan
1173/4 Mar 13
Jan
38% Apr 11
46% Apr
8
101. Jan 20
20% Apr
9
13% Jan 16
5
17,300
110
24%
18
53%
18% Feb
12% Jan
5% preferred series A
100
Seaboard Oil Co of Del—tfo par
Seagrave Corp
5
1,800
5,800
24%
5
51
26%
13
31%
32
3.35%
109
22%
*18%
Sep
Range for Previous
Seaboard Air Line vtc
123%
31
*80%
33%
40
16% Feb
28% Mar 20
Scovlll Mfg Co. 3.65% cum pfd-100
Scranton Elec Co (The)
5
*108%
*108% 109
22%
22%
22 %
47
34%
26%
8
22%
*44 %
*21 %
12%
*48%
26%
32
46
*16%
13% '• 1
109
*7%
31
36%
15%
26%
-
51
22%
■
37
15%
72%
12%
108%
26%
73/4
5%
37
47%
*45
27
12%
108%
109
109
26%
8
163/4 Sep
18
Range Since January 1
6,100
18%
*483/4
8%
35%
10
108% Mar
20% Mar 14
Par
943/4
18
26%
35%
13%
*93
*7%
8%
*49
270
220
51
18%
Feb
38
Lowest
1,700
16%
943%
26%
*7%
99%
101
16
19%
27
27
8%
101
900
18%
50%
27%
*97%
-220
*93%
50
*7%
99
~
.113
19
51%
•27%
109
943%
193/8
*50
113
*100% 101
16%
16%
16%
*93%
9%
99
99
18%
50%
13
.
101
16
95
112% 113
9%
20
*50
*108%
98%
101
16
113
Feb
44 % Jan
8
STOCK
Safeway Stores
5% preferred
Savage Arms Corp
Schenley Distillers
Scott Paper Co
$3.40 cum pfd
1,800
35%
9%
Apr
&■ 110% Jan
-
St Joseph Lead
10
St L-San F Ry Co com vtc- ._No par
Pfd series A 5%
100
3,600
10
♦112%
39
EXCHANGE
253/4
35%
112%
Nov
6% Apr
1
Sharet
112%
1123%
32%
6% Jan 13
(The) mmmm-m-Jtopar
Ruppert, Jacob ———
the Week
35%
112%
14
21%
.12% Jan 13
25% Jan 16
No par
Roan Antelope Copper Mines
Sales for
Apr. 11
112%
9%
*112%
38% Feb
8
3
24% Jan 13
Ruberoid Co
7%
7
25%
vv 3
Mar
1.
Royal Typewriter
Friday
Apr. 10
9perthare
25%
22%
50
Thursday
Apr. 9
7%
26%
513/4
May
STOCKS
Wednesday
9 per thare
33
100% Mar 10
Preferred 3.60% series —dOO
Rheem Mfg Co
1
Richfield Oil Corp .-——-No par
28
493/4
49%
Sep
15
——10
22
9%
Feb
Dec
17%
76
——.1
class B
10
Tob
J)
112%
32
2
104
Reynolds
Dec
10
X109
—
100%
Feb
——100
Reynolds Spring
105% Mar 12
Apr
37% Apr
No par
Brass
28 y8
41
-—.-No par
5 % % Conv preferred—.—.-.100
LOW AND HIGH SALE PRICES
Saturday
&
Oct
25% Jan
25
—,
15%
11
24% Apr
Reynolds Metals Co
40
15 3%
93/4
51
7,600
300
21%
23%
223/4
15%
400
47
15%
15%
28
warrants
Jan
96 y8 Mar
2
13
87
1
preferred r—......10
Republlo Steel Corp—.—No par
6% conv prior pfd ser A—..100
170
21%
15%
28
3,300
112
102
102
with
19
Dec
Jan
12% Jan 13
$1 -conv
10
12%
28
51
110
38%
15
23%
100
4,700
13%
39%
13
28%
52
39,100
21
110%
30
Preferred
Nov
Apr
Republic Aviation Corp—..—1
Republic Pictures —..—50c
4,400
3,600
*27%
9%
15 Va
7%
'
!
Remington-Rand
9
76%
100% Apr/ 9
1st pfd——100
Corp
No par
Stores
153/4 Jan
34% Mar 12
Co
&
12% Jan 13
102% Apr
3
12 % Apr
50c
Reo Motors,
6"%
20%
(Robt)
4
41
Reliance Manufacturing Co—tfo par
Conv pfd 3Vi%
series
100
100
13 %
*111% ;112%
21%
Inc
7
SO3/* Feb
35% Jan
xl9% Apr
50
———————100
Bros
10% Feb
33
25
3,200
63/4
30%
48%
*27
\
13%
1123/4
39
103
4,900
25%.
26%
Preferred
Reeves
8% Apr
8
75% Jan 16
21
preferred
50
4% non-cum 2nd preferred—50
Real Silk Hosiery
5
Reliable
1,800
28%
30
13%
20%
273/4
100
1st
non-cum
Rels
10
*111
40
*47
103
*102
*107%
30
■v
4%
1
No par
1
Reading Company
700
33%
104
pfd
—
110
82
6%
< 112%
20%
1103/4
*13%
39%
♦111
20%
110
29%
113
*12%
102%
mlVa
25%
112%
21
110
h-* O
;
13%
26%
♦111
28%
7"W7%f
13 %
13%
26
*111%
7
■v
103
33%
*1013/4
104
283/4
7J/8
63/4
27%
110
*1013/4
28%
7%
7
13%
34%
33
104
*97
Purina Co
3%%
Raybestos Manhattan
Rayonler Inc
120
13
97
*97
Ralston
.■■■'
-No par
1
$2 preferred
100
100
*51
28
3,200
*34%
103
13
*97
33
-,-rnrtt par
1st preferred
conv
Radlo-Keith-Orpheum
1,500
19%
♦42%
12 3/4
10
37
35%
♦1033/a
10,600
103
37
45
13 y8
13%
13%
*102%
Radio Corp of Amur
$3.50
213/a
*42
104%
600
34%
xl9%
12%
25,400
213/8
20
13%
8%
75%
*32%
36%
193/4
35%
*■
8%
75%
42
*23%
♦22%
*102%
8%
76
*25
110
♦111
13%
36%
12%
33%
*21%
13%
133/4
102%
8%
76
100
105
*108%
83/4
76
21%
37%
104%
25%
7
13%
*34
13%
13
*29%
35
8%
76
36%
42
105
78
102%
*353/4
106
13
*100
33%
13%
103
19%
37%
*101
13%
83/4
77
22%
36%
45
*36
*15
8%
77
'
*42 %
*104%
8%
78%
13%
*102%
104
*35
8%
76
preferred.
Southern Natural Gas Co
Southern
Pacific
Co
160
Feb
15
170% Jan
9
167
Sep
Dec
32
Jan
30
34% Jan
7
30
Sep
Jan
18
193
7.50
24% Jan
8
28 Va F"b
4
22 y2
Jan
May
39% July
33% May
No par
38% Apr
11
47 Va Feb
8
38 Va
Oct
70
Jun
v.V
■■v'-rl-v
YYYY
(2018),
YY—„
^
-V11 T"yy"^Y^Y^Y^Y.. Y,"
Saturday
Apr. 5
,y«i,y
J
Apr, 1
g per
v
$ per share
4C%
41%
63
•17%
6%
21%
13
13
52
52%
21%
*81%
"Y
12%
:
'
♦38%
16%
40
100
100
29%
117
115
105
114
54%
54%
40%
40%
67
66%
26%
26 %
103%
*41%
42%
*111
112
102%
114
114
112
113
112%
53%
53%
53%
40%
39%
39%
39%
66%
67%.
65%
66%
65%
39%
66%
26%
26%
26%
26Va
26%
14
44
*43
42%
42%
*41
42
42
15%
15
15
15%
41%
17%
"17%
103%
17%
103%
17%
18%
21
300
2,200
4,000
1,000
14%
18%
19%
18%
18%
18%
18%
21%
*21%
21%
21%
21%
103%
16%
18%
21
14%
141/,
147/.
14%
131/,
13
*108
109'/>
*108
74
74
74
*74
*120%
\.YY9%
: 9%
41%
12
9%
9%
40%
40%
39%
120
11%
11%
11%
20%
20%
20 V
*120%
19%
34%
34%
33%
34
25%
24%
25%
17%
33%
33%
33%
24%
24%
24%
25%
e%
8%
8%
8%
24
25 %
25
*103%
104
104
8%
8%
8%
12%
*12%
100
12,900
2,100
3,000
1,200
12%
409
Talcott
5%
*16%
103%
5%
600
Telautograph Corp
12%
8
Studebaker Corp (The) ...
1
Sun Chemical Corp
1
$4.50 series A preferred—No par
Sun Oil Co
No par
Class A pfd (4%% cum)
100
Sunray Oil Corp
1
Sunshine Biscuits Inc
12.50
Sunshine Mining Co
10c
Superheater Co (The)
No par
Superior Oil of Calif
25
Superior Steel Corp
50
Sutherland Paper Co
10
Sweets Co of Amer (The)
4.16%
Swift & Co
25
Swift International Ltd
Sylvania Elec Prod's Inc
No par
$4 preferred—
—No par
Symington Gould Corp
1
12%
17%
24%
•{103% 103%
■$.: 8 't8%
104
18%
*16
17)
*16
26%
103%
119
18%
13%
42
25%
25%
26%
104
*113%
113
*41%
25%
26%
20%
42
33
25
*103
20%
33%
*16%
YY,:25%Y25%
20%
*41%
43
18%
*40%
11%
18%
19%
41
*40%
17%
Y
9%
38%
11%
113'
114
18%
9%
38%
11%
20%
20%
114
19%
9%
39%
9%
14% Mar
18% Jan
13 Apr
107
Feb
70% Jan
118 Jan
7% Jan
33% Apr
11% Jan
-
600
1,100
700
4,400
6,200
3,800
150
3,800
8
73
$ per share
> 65
7
13
Jun
96
11V* Nov
Apr
13%
Oct
Feb
30%
16% Nov
5'/2
Jun
90%
Oct
Jan
May
Sep
104
July
Sep
56
18%
25
27
92
37
Dec
40 y2
Jan.
Dec
17% Feb
7
14%
Nov
39%
Apr
90% Feb
4
84%
109 y4
Apr
15%
Sep
Sep
45% Jan
2
33%
Feb
55
May
112% Feb
11
107%
Oct
116
Mar
37% Jan
6
34%
Nov
55
May
101% Jan
13
98%
Dec
99 %' Dec
20%
18% Feb
5
24%
Apr
36% Jan
18
70
Oct
135%
Apr
Feb
19
78
Oct
149 y2
Apr
58
13
11
7
17
3
6
2
114% Feb
125
13
Feb
10
42%
Feb
59% Aug
37
Feb
49% May
61%
Nov
Feb
42
7
70% Jan
9
29
28
'Jan
29
17% Feb
13
11
13
Jan
105
11
Feb
49
60% May
Oct
78% May
20% Mar
100%
30
Jan
11
Oct
25
Feb
Nov
56
Jun)
Sep
53%
Jun
37
26% Aug
18
16%
Oct
Jan
41%
Jan
104% Mar
102%
Oct
109% Aug
19% Feb
13'/a
Oct
26% May
24% Jan
20 V*
Dec
21% Jan
11
Jan
49
11
:
July
108%
Dec
37%
7
43% Mar
102 Mar 14
16% Jan 13
13% Apr 11
20 Feb 13
ho par
*120% 122
9%
9%
38%
38%
11%
H%
20%
20%
113% 113%
18
18 %
*41%
42
16%
16%
33%
33%
23%
24%
24
24%
103% 103%
8
8%
122
11%
40
42
18
-
*120%
120%
39
9%
9
115
114
74,
Stone & Webster
Sep
64% Oct
4
23% Feb
Highest
I per share
33
8
21
7% Feb
'
26% Apr 11
5
-1
-—20
2
FebJ.
55% Jan
98%Mar2o
100
;
77% Jan
14% Jan
-
No par
3%% preferred
Stewart-Warner Corp
Stokley-Van Camp Inc
5% prior preferred
2,800
30
2,300
75%
13%
13%
'
16,200
'
13%
109%
122
120%
;
20%
13
108
74
74
120%
*40%
20"
20%
20%
21%
20%
108
13%
74%
:
17%
17
14%
103%
*108
122
103%
104%
16%
21
20%
13%
13%
109%
*74%
74%
13%
*103%
15
14%
•108
19%
/
2,600
42%
a; *74%
*19%
v
4,500
*103%
42%
104%
40%
21
♦114
300
2,300
15%
42%
15%
20%
*'
15%
41
*21%
*15%
21
116
42
■
16
21
21
*20%
41
42
.
/
50% Jan
77
;
93% Jan
*J.% }®*r
«6 prior preferred..
No par
98 Jan
$7 prior preierred.—No par
106
Jan
Standard 01] of Calif
No par
50% Mar
Standard Oil of Indiana
25
39/2 Mar
Standard Oil of New Jersey
2o
63 . Mar
Standard Oil of Ohio.
10/ 23% Jan
3%% preferred series A—-—100
101% Jan
Standard Steel Spring
1
12% Jan
4% conv preferred
*
50
x43 Apr
Starrett Co (The) L S
No par
39 Jan
Sterchi Bros Stores Inc
1
15 Apr
Sterling Drug Inc common
—5
40%.Apr
'
$ per share
'
37 Apr 9
109% Jan 16
3u% Apr 11
Standard G & E Co $4 pref—No par
5,800
200
1
43
42
19%
21%
14
1334
X43
45%
15%
17%
♦21
26%
105
41%
^
43%
:■ 17%
19%
*11%
*104
66
16%
16
16%
17%
21%
26%'
14
137/,
13%
19%
13%
109%
Y'
105
*104
105%
*104
39%
65%
•
'
1
Lowest
20% Feb
Jan 22
17% Mar 11
5% Jan 13
9% Apr 11
93% Jan 13
47 < Jan 14
19% Jan 3
12 Apr 11
80% Mar *7
5.
:
—
Year 1946
Highest
77
No par
preferred
$3.50 cum preferred
1,000
8,103
12,900
18,803
yC? 3,703
200
53%
39%
53
,
Conv $4.50
500
.
No par
100
Squibb (ER) & Sons common
1
$4 preferred .....
No par
Standard Brands. Inc..No par
28,400
102%
44
17%
*
104
53%
*41%
,
600
104
14%
16%
42%'
t
*
■
2
Square D Co
650
"
27%
112%
j
4,000
;
104%
54%
Spiegel Inc i
:
28
26%
28%
27%
,
12,500
34
27
104
1.100
7,900
99%
*99%
„
*102
:
115
104
—
1,203
280
3,300
Far
.
January 1
Lowest
> $ per shate .«
37 J4 Apr 11 •
67% Mar 24
v
Mobile & Ohio stk tr ctfs
100
Spalding (A G> & Bros Inc
1
Sparks Withington —
No par
Spear & Co
1
$5.50 preferred —
No par
Spencer Kellogg & Sons
No par
Sperry Corp (The;
1
:
110%
33%
33%
99%
26%
104%
*40%
33%
99%
44%
19%
?
34
39%
Y
xll0%
'
99%
33%
*98%
V':
:
»
Range for Previous
Range Since
''>• ■v;;:• '■ .Y,/
Southern Railway -—
5% non-cum preferred.
600
4,903
500
15%
111%
v
I
--
STOCKS
EXCHANGE
Y
—
38
14
*103%
13%
15% 1
38
Y*44YY
44
21%
16%
38
y
104%
♦108
15%
14%
17
*103
82
*40%
Y 46
*44
81
/
38
45
14%
12
;
82%16%
•44
15%
*16%
*43 ft.
82%
'
53%
103%
104
15%
-
29
26%
*103 %
yvr.
99%
*112%'
66%
26 %
20
12%
173/4
5%
10
95
52%
20%
12%
81%
38%
34
40%
66%
20%
12%
-
37
112
54%
40%
12%
52
20%
20%
12s,#
19%
16%
27%
114%
54%
<51%
'
:
111
102 Y 102
■;'* 105
17%
- 5%
9%
*89%
53
82%
99%
29%
28%
30
107%
*105%
52%
»52
17
34
100
;
95
38%
112
111
34%
34
34%
33%
*98%
11
*89%
83
16%
38 %
111
112
•111
17
40
*10
95
12%
82%
83%
82%
•38%
Y
17%
«
11%
*89%
83
*76
6%
5%
5%
5%
*10
52%
20%
12%
13
18
.V-,-';
,/
■-.>9,503
500
37%, 38%
67%
67%
83
18
18
18
*
-1'
69
*76
the Week
Shares-
9 per share
39'/a
*67%
67%
83 •
'V
share'
38%
38%'
•76
97
A'uSJ 19%
21
I per
•• ■■
•
-i
NEW YORK STOCK
Sales for
Apr. 11
AprlO
.
share
67%
83
52%
Y) 52%
20%
iiv|
82%
*17%
68
*89%
97
per
.-38
40%
-
*76
83
•89%'
97
52%
d
'
11%
*89%
$
17%
17%
17%
17%
;T
Y
6%' 6% y—. 0 .:?■■■ 6%,'
10%
10% 11
11 Y
18%
6%
•11
68 Y Y
V
•76
83
33%
68
40%"
40% '
63%
Apr. 9
Apr. S
I per share
share
*67%
*76
Y./
*
- r •.
RECORD
Y
Friday
Thursday
Wednesday
Y-
Tuesday
Monday
v
r "i'li ii:
'..i.
STOCK
YORK
NEW
HIGH SALE PRICES
LOW AND
Monday, April 14, 1947
FINANCIAL CHRONICLE
THE COMMERCIAL &
YY/Y/t/Y' Y
26
21
Jan
23
Feb
14%
Oct
23%
Apr
18 %
Oct
38% July
63
May
"
17
18
16
10
18
3
Feb
25 Va Feb
11
3
12%
Nov
Mar 26
103%
Sep
75% Mar 24
61%
15% Feb
108
122
10
11
10
21
Feb
Sep
117
15
Apr
7%
10% Mar 13
Oct
39% May
24 J/4 May
110
May
78 y2
Jun
124% Aug
14
May
2
42%
Sep
56% Aug
13% Mar
6
10%
Oct
24
23% Feb
17
17%
Oct
35% May
45% Jan
19%Jan 16
101% Jan 13
18
Apr 11
40% Mar 15
14% Jan 2
33
Apr 8
22% Jan 27
22% Jan 16
102% Jan 2
7% Jan 16
116
Oct
102
Mar 28
Apr
160
23
May
Dec
24% Feb
7
19% Nov
47
Mar
5
38
Jan
55%
Apr
19
Apr
13%
Sep
21
Aug
31
Sep
41%
Feb
25% Nov
36 y4
Jan
19 JA
41
37% Jan
1
28
27% Jan
2
28% Feb
13
Nov
101
104% Mar 11
Nov
Feb
109% Aug
16%
Jan
10% Feb
7
7%
Nov
Feb
17
11%
Jan
7% Jan
9
6%
Dec
13
7
14%
Sep
25%
52
Feb
68% Aug
i :YY>
T
*12%
•5%
5%
15%
6
*5%
*15%
~
15%
15%
5%
*14%
6
6
*15%
12%
12%
12%
58%
59%
58%
59%
15%
15
15%
58
58%
Tennessee
900
59
Inc
7,300
53% Feb
46%
Sep
21% Jan
13
30% Mar 27
21
Oct
32%
1
15% Jan
16
20% Feb
21
14%
Oct
26% May
>Jan 13
14% Jan 14
55 * Mar 21
15
Mar 11
58% Feb
18
35
Sep
65
May
21 % Feb
18
13%
Sep
18
Sep
59% Feb
13
47
Sep
61% July
17% Feb
13
15
Sep
30% May
11% Mar 14
13% Feb
13
10
Sep
Mar 18
Mar 31
Jan
4
Apr
9
Apr 11
Jan
8
Apr
8
Apr
9
60% Feb
15
48
Oct
70
Feb
14% Feb
5
Oct
20%
Jun
Dec
18 y4
Nov
5
25
59%
13%
13%
14
13%
13%
13%
13%
Texas
49%
50%
50%
50%
49%
50
13%
49%
8,800
43%
50
3,200
Texas
29%
29 %
29
27%
28
28%
28%
28%
29
5,300
Texas Pacific
Coal
18%
17%
17%
18
18%
17%
18
4,000
Texas
Pacific
Land Trust
&
18%
18%
18%
48%
18%
57%
57%
57%
*14%
15%
15%
*12
12%
15%
15%
20%
11%
11%
11%
55%
55
10
10
9%
19%
*19%
14%
19%
14%
*104
104
105
*104
5%
18%
4%
preferred
Thompson-Starrett Co
1,800
100
5
5%
32%
*30%
31%
19%
19%
19%,
19%
19%
19%
19%
103%
18%
104%
104%
104 Va
104%
18
104%
104%
104%
13%
46
18
18
17%
17%
3.200
$3.75 preferred
Timken Detroit Axle
44%
45%
44%
45%
44%
45%
2,800
Timken
13
13%
13
13%
13 %
13%
5,900
tTransamerica
19%
20
16
19%
20%
19%
20%
6,500
Transcont'l & West Air Inc
18%
18
46
46%
45%
13%
13%
21%
13%
19
20%
18
13%
20
47%
17
6
/
*16
18
*16
•y-.
108%
108
J.8%
19
33%
42%
6%
6%
107%
107%
£'■ 19
33%
*40%
32%
19
42%
.
103%
12%
12%
47
46%
14%
46%
*102%
T
31%
*40
103
104
12%
12%
32%
*39%
>102%
*46
47-
13
14
*13%
13%
Cen
13%
13%
Twin
Coach
Oct
Feb
21 % May
Oct
69%
Jun
Oct
1123/4
Jun
Oct
13%
Jan
32
Oct
68
Jan
17%
NOV
24 y8
Apr
38 y4
102
Mar 10
7% Feb
39% Feu
1
5%
3
2
11
108% Feb
24
21% Feb
4
16%
Oct
26%
Jun
43% Jan
2
12% Mar 14
17% Jan 16
15% Jan 15
6% Mar 15
107% Apr
8
17% Jan 13
30% Jan 13
39
Jan 16
xl02% Feb 27
51% Feb
13
33y4
Oct
66 y4
Jan
15% Jan
3
22% Jan
2
5
St'l
No par
Y
No par
No par
Corp
No par
preferred
prior pfd
Twin City Rapid Transit5% conv prior pfd
1,400
106
17%
102% Jan
17% Apr
No par
-No par
No par
50
■
14%
14%
11
30
Jun
6
5
$4.50
100
21
16% Feb
59% Jan
Jun
20% Jan
No par
Corp
Film
16
60%
13
Corp
Fox
21% Feb
9%
July
No par
$1.50
1,000
46%
*46
47
20th
100
27
Jun
18
18% Jan
*
Bearing
Williams
&
Truax-Traer
300
12%
12%
127/8
Roller
53%
9%
16%
14%
46
103
5 ■
32
9% Mar
Jan
10
Oil
preferred
$6
11,900
42%
No par
Tri-Contlnental Corp
110
104
:—No par
preferred
Associated
Water
Transue
600
32
31%
42%
103
*46
14
7,000
19
cum
...
100
6%
*18%
19%
Tide
380
107%
107
107%
*16%
42%
12%
46 %
14
14%
32%
*40
103
12%
12%
46 Va
14%
40%
103
103%
*12%
109
*107
19
$3.50
9,100
.
17%
6%
6%
200
105
*16
17%
6%
108
31%
32%
40%
-
*16
6%
19
19
31%
33
*40%
:
16
17
6%
-
103
*18%
.
107%
6%
6%
*107%
*46%
No par
com
*31
13%
12%
25
(J R)
Products
5
21%
*103%
5
Transit
19%
19%
104
19%
18%
6%
Thompson
Thompson
30
5
1
common
conv
Avenue
32
13%
*16%;
1,400
105
Co
div
preferred
50
Corp-No par
Thomas Steel Co (The)
1
1,000
*104
No par
17% Feb
60% Mar 28
14% Mar 28
41
5
5
21
47%
100
„No par
...
32
5
20%
105 y/;
*104
,
$2%
Third
1,100
14%
46
105
Co
Ry
32%
5%
34%
20
19%
*14%
47%
19%
Thermoid
220
2,900
47
19%
14%
47
2,000
10
,
Mfg Co
pfel
The Fair
55
9%
14%
19%
500
1
No par
Oil
&
Glass
conv
11%
11%
47
14%
47%
$2.40
Pacific
15%
*54
*46
14%
48
*32
Thatcher
410
*14%
55%
10
*14%
105%
2,200
11%
55%
*47%
>104
1,100
17%
58%
*46
15%
12
20%
48
Texas
t
Producing
Sulphur
Gulf
17%
18
58
55%
10%
Gulf
*57%
>
17%
57
15%
17%'
47%
17%
*57
50
56
47%
48
58%
47
*18%
..
13
19
10
Corp
59%
13%
19 V* May
13
14
14
14
5
(The)
Texas Co
14
11% Jan
5% Mar
15
Mar
55% Mar
10% Jan
49 % Mar
9
(James)
1
Co
12% Apr
45
Jan
9
2
12%'Jan 15
99% Nov
112
Feb
13 Va
Oct
21% May
6
18%
Dec
71
19% Feb
3
14
Dec
33%
7% Feb
7
Oct
12%
112% Feb
20
105
Sep
21% Feb
20
16
Sep
5%
38% Jan
6
37%
Oct
Jan
6
46 Va
Nov
7
102%
Dec
Feb
11
11%
Oct
51% Feb
18
43%
Dec
48
103% Mar
16
15%-Mar
5
11% NOV
114
Jan
Feb
Jan
Mar
22% May
63% May
79
106%
May
Jan
24
Apr
71% Apr
26 Va
Jan
;■
u
%
;; /• Apr, 7
Apr. 5
51
32%:
13
13%
48,
13%
31%
32%
31%
;
*100
105
*100
102
102
*101
102
21%
*122
>
21%
*123
124%
109%
109% :
*35%
21%
35
27%
44%
44%
32%
/
Union
6,600
Union Bag & Paper
.No par
Union Carbide & Carb——. .No par
Un El Co of Mo pfd $4.50 ser No par
99%
98
98%
98%
99
8,200
*114
114%
*114
114%
113%
114
100
105
105
*100
105
102
*100
98%
,
*100
101%
101%
101%
101%
21%
21%
21%
20%
21%
122%
121%
322
121%
122%
121%
108%
108%
108%
109
109
108%
*34%
35%
■
26%
27%
120
31
6%
6%
74%
♦72%
6%
*118%
6
■
33%
19%
26%
75
*30
43
6%
5%
*72%
6
'
43
120
42%
/
3%
3%
52%
*8%
♦90
3% ii": 3%
»
8%
52%
*8%
91%
*88
13%
*36
37
3%
'
8%
3%
51%
52%
52%
'
8%
*36
*12%
13
13
37
35%
37
36
••••
49%
49%
48%
23%
23%
23%
23% •'•-#:
14
14%
14
14% 'f13%
110%
*16%
17
9%
9%
18%
17%
106
48%
/
*102
23
■V;
109
*16%
9%
18%
•102
109
•
108
16% .Y/>
;
9%
18%
16
9%
17%
,
106
*102
49%
,
23%
14
.Y.:~
108
: Y
16%
9%
18%
106
*30
5%
6 Y •>, © Y-Y
*72% : 74%
.
3%
Y/Y 3%
3%
51%
*8
*89
13
12%
*35%
37
18
18
*102
17
100
100
*194
195
For
,
footnotes
16%:
99%
195
see
16%
99%
195
page
16%
Y
;
98
*195
16%
99%
196
16
98%
*195
16
98%
196%
16%
Co
98%
*195
200
8%
:
No par
35%
600
48%
9,000
23%
1,500
Y;i3%
14%
'•16,800
110%
15%
9
17%
/
*102
United
97%
5%
.
United
Rexall
98
196%
&
U
2,100
in
U
■
:
S
S
Jan
111
Jun
115%
13
106
Feb
111
99 Va Feb
14
102
Apr
2
96
Dec
107%
22% Jan
7
20% Nov
20% Mar 15
15
Jan
16
21
10
110
Oct
168%
26
102%
Oct
120 % Mar
16
21 Vfe Apr
5
Feb
111
103% Jan
107% Mar 10
109
Mar 27
28 y2 Apr
120% Apr
32
Mar 14
46
Jan
77
Feb
32
Feb
5% Apr
11
8% Feb
Jan
54%
57% May
91% Apr
31
Feb
Sep
Oct
6%
10
4ye Jan
Jan
33%
8
Jan
83
Jan
37%
119
23%
8
73 % Mar 14
Dec
62
10
15
-
Feb
42%
19% Nov
2
71% Mar 20
Sep
16% Nov
101
2
1
26% Jan
37
Oct
Jun
May
Feb
137
3
33% Apr 10
17% Jan 13
29
Apr
38% Feb
Mar 12
Jan
8
Oct
17%
Dec
89
78
3%
Oct
40
7%
Jan
May
Apr
Sep
Jan
Dec
95
Jan
2
71% Mar
105% Aug
12% Apr
10
16
Feb
13
12% Nov
21%
Feb
35% Mar 21
43
% Jan
2
34%
Dec
56
Jan
14
51
Jan
2
41%
Oct
53% Aug
24% Jan
6
18%
Oct
30%
Apr
17
109 lU Mar 26
12%
Oct
22
Aug
104%
Oct
110
Jan
9%
Sep
15% July
9%
Oct
18% May
1
44% Jan
22% Mar 17
13% Jan
100
io
Drug Inc
107
12
2.50
No par
No par
No par
20
loo
27
Apr
23%
86% Mar 19
Co__13%
Gypsum Co—
preferred
-;V.
-:vv
125
Mar 31
8% Apr
com
preferred
Freight Co
7 %
May
Sep
5
$4.50
700
39
88
56% July
16% Aug
No par
Foreign Secur
S
Jan
Feb
8
Fdy
preferred
U
-
6,000
Nov
'7
5
.■
Improvement
Sep
12
23
58% Feb
115
2
1
United Paperboard
104
16% .16%
*195
-
Gas
Co
80% May
49
25
34% Feb 17
100% Mar
5
15% Jan
105
3% Apr
loo
United Merch & Mfrs Inc
18.800
9%
18
Engineering &
Highest
9 per share
13
49% Jan
Cos
Fruit
share
15
29
5
—
Coal
$ per
share
Feb
89 % Jan
105
_1
common
United
8oo
100
$3 preference
United Dyewood Corp.
Preferred
United
,
30
15
No par
preferred™.
conv.
Corp
Co
United Electric
2,800
•109
,
v
90
23%
..•
106 YY
99
3,100
United
35,800
47%
23%
196%
3%
13
Carbon
>$3.50
35%
-Yd
16%
19,100
51%
*12%
48%
18
*8
6
74%
*87 Y
>
:
,
106
51%
YY
8%
90
13
23%
'
•
*16%
*72 Y
..
•'Y14Yv 141/4
110
110% Y; V no
16 '•
Y*isY.;; 15%
9%
9%
9%
9%
Biscuit
United-Carr Fast Corp™
No par
United Cigar-Whelan Stores
30c
13%
17%
United
United
200 i
48%
*102
;■
100
preferred™
cum
400
23%
♦15
1,400
10
:
47%
*108
—100
-
Inc
:
48%
13%
'
Lines
32
22%
Y
4%%
1,400
k
Air
74%
36
;
United
Y
8%
*88
»
8
16
$ per
Xll2% Jan
121
5
Apr
12% Mar 14
105,
.No par
;
•
19,700
120%
Car
48'
25% Jan
100
"Y *74
91%
8%
91%
49
•109
?
8%
51%
*88
400
Union Tank
United Aircraft Corp
5 %
conv preferred
f
Sper share
100
Co:
preferred
non-cum
75
51%
3%
51%
91%
.:
.
RR
25
32
Y;
.
74%',..
3%
Yd
13%
13
13%
*72%
800
21,800
27%
43
Pacific
4%
California
of
*30
-
'
74%
108
Union
No par
series—
*73 Y
32
74%
26%
27%
-118% 118%
•
43 %\
*73%
-
108
107% 108
Oil
1,000
:
20%
120
43%
30%
33%
20%
26%
26%
74%
30%
34%
20
109 C
*107%
43%
74%
.
.
33%
20
19%
120
43%
•
34%
*34%
27%
118%
75%
*72%
35
19%
20%
* 107% 1C9
44%
31 6%
52%
3,300
108%
Union
5
Co—
series—. .No par
$3.50
1,400
122
108
$3.70
Preferred
150
•
No par
Ruber
Asbestos
Preferred
105
101%
.101%
21%
122
75%
76%
*30%
1,000
32%
114%
21%
44
.
:
*74%
13%
124
119%
119
119
49%
13 %
32
/ 109%
i
Underwood Corp
49%
32%
*101
•.
■
Par
Lowest
Highest
Lowest
EXCHANGE
2,600
Year 1946
Range Since January 1
STOCK
13%
21%
26%
27%
49
93
;
-
20%
20%
:* 107% 109
109
*107
32%
32%
98%
x21
i
109
•
35%
20%
21%
49
*13
13%
NEW YORK
Shares
I per share
*114
>105
99%
,
the Week
*100
,99%
♦114 >114%
.
48
13%
31%
13%
Sales for
Apr. 11
t per share
share
48
32
50
99%
114%
♦114
$ per
-50
13%
32%
51%
*13
99
9 per share
Friday
Thursday
Apr. 10
Apr. 9
Apr. 8
/
Range for Previous
STOCKS
Wednesday
Tuesday
$ per share / a
Pff share
51%
LOW AND HIGH SALE PRICES
Monday
Saturday
t
/
V
'
-
i
-1
;
Feb
16
19
Jan 16
44
53% Mar 27
10% Feb
8%
10
>19% Feb
19% Feb
21
y
Oct
11% Feb
8
21% Feb
13
28
Oct
32% May
Jan
101
Nov
109% July
2
18y4Feb
3
13
Nov
86% Jan 16
107% Feb
11
93
Sep
132
May
Dec
*205
Sep
Apr
11
16% Jan
16
9
103% Mar 24
15
188
Jan
Jan
23
106
196% Mar 29
15%
187%
29%
Feb
Volume
165
•
Number 4585
THE COMMERCIAL &
FINANCIAL CHRONICLE
(2019)
NEW
YORK
STOCK
27,
RECORD
LOW AND HIGH SALE PRICES
Saturday
Apr. 5 sKs
——Mon
.
//. > Tuesday.'>/>>
Apr. 8> J
Apr.
Wednesday
Thursday
;>>■> Apr. 10
^
#per share
24%
25
88%
V
23%
88%
*52%
.'
* per share
53
8
-52
*41
19%
9%
;.'•
42%
65%
*65
30%
65%
31%
101%
101 %
"... 31
20%
72%
42
66%
X30%
50%
158'
47
*153
20%
47
47
46
46
6%
10%
*107
6%
9%
V 51
109%
9%
*50
51
18%
*18%
19
6%
6%
63/4
*87
»
:,r
88
*180
*86%
185
26%
*180
185
50
77
20
6%
9%
20
185
63/8
87%
26%
*17%
253/4
26%
253/4
25%
25%
25%
85 %
25%
25%
85%
84
84%
83
83
83
83
18
*17%
17
17
*16%
17
16%
•*35%
36
35
35
*35%
17%
17%
17%
17%
*34
34 %
18
343/s
*17%
17%
173/a
16%
*16%
36
17%
343%
173/4
2,600
70
17%
16%
163/4
800
34%'
500
Van
xl7
17%,
7,800
17%
34
34%
17%
34%
*87
95
*87
24%
*34
95
95
*87
95
95
*87
*87
*87
95
*87
44
95
*44
44 %
*43%
44
44%
*7%
8
*84
7%
86%
119%
*ii9y4
97
83
119%
119%
*92
97
42%
41
41
37 %
37%
37%
373/4
36
37%
*35
35/2
35%
*103%
7%
*80
120
*93%
105
7%
83
97
*41
37%
36
'103%
7%
83
120
*94
41%
*36%
*35
105
73/a
86
*119%
95
41%
*103%
7%
*83
120
*94
46
105
*353/4
*41
1193/4
*93%
41%
37'3/4
105
7%
*81%
104%'
73/a
2,200
813/a
300
*1193/4
120
*92 y2
97
41
*40%
41%
*36%
37%
36%
36%
36%
145
*135
145
*135
145
*135
145
*135
145
*155
*135
175%
142
*155
174%
•'155
174%
*155
174%
*155
400
62%
62%
16%
16%
16%
33
63
*58%
63
*60
16%
16%
16%
16%
33
32
32
32
32%
32%
104
104
63
16%
*32
*103%
*59
104
104
104
*103%
*60
16%
32%
104
32
32
•
20'/a
20%
19%
20%
19%
19%
11%
19%
11
11%
l07/a
19%
10%
11
10%
11
15 Vs
15V4
10%
14%
15%
15%
15%
14%
15%
105%
14%
105%
105 V4
105
15%
15%
105
105
*105%
106
7,400
10%
19%
11%
15%
105%
800
Walgreen Co
A% preferred
Walker (Hiram)
5,100
Walworth
3,800
:•
:
70
15
....
105%
153/a
16,100
153/8
15%
*25%
27
*25%
26 »/4
25%
25%
*24
36%
*36
36
25%
35%
36Ve
*35
36
36
36%
*24
24%
24%
24%
x233/4
23%
20%
20 Ve
203/4
15%
15
15%
24%
25%
15%
15%
24%
24%
*24
24%
24
24
'*203/4
21%
*203/4
21
203/4
203/4
20%
20%
*20%
23
23
22%
'22%
22%
35%
36%
35
9%
23%
36
36
*23
*35%
36%
*9
9%
87
9%
46%
45%
87
31%
*87 Va
31%
*113
114
9%
47
88
31
*113
45%
*116
117%
*116
117%
110%
*1093/4
114%
114%
40%
40%
113
112%
113
87
31
*114
115
117%
*117
110%
114%
*110%
*114%
115
110
40 %
*111%
87
3P/4
114%
*116%
114%
40%
87%
114%
40
40
*111%
43%
*87
31%
31
300
800
Saturday
Monday
Apr. 5
8%
8%
55 y2
56 y4
53
6%
6 y4
6 y4
6
15%
*13%
8%
83/4
*13%
14%
41
39 y4
37%
90%
87%
19 y4
18%
19%
39 %
*11
15
31%
31%
31%
25%
243/4
*11
31%
25%
25y4
99%
99%
98 y2
105%
105%
105%
37
*100%
100%
*62%
67
*49
44%
345/a
24%
99%
*iooy4
100%
*62%
67
25
23%
343/8
*100
35
88
114
87
33%
'
101
114%
99'/a
98%
99%
*98%
32%
313/4
313/4
30 '•
15%
70
114%
15 y4
*87
*31
243/4
25%
15%
15%
90
15%
*89
32
'24%
t
14%
30%
$ per share
54%
8%
52
Feb
49
Jan
53
7
9y4 Mar
14
121
Feb
5%
May
:
1087% Aug
»
■12%
4
63%
Sep
117%
5
Feb
97
Sep
Dec
Dec
100
6
91% Jan 28
5
Nov
36%
104 J/2 Mar 13
J$n 13
Dec
Jan
123'%
99% July
Apr M
24
'80
Jan
105
Jan
15
45
Feb
Apr
21
40
Dec
•53
Feb
3
40
Jan
July
17
37
Sep
38
45%
''
Jan
Feb
17
Mar 21
145
Jan
9
130
Oct
148
170
Mar
Jan
175
Mar 21
145
Dec
178
May
56
6
•32% Nov
>52
Apr
13%
;
>j
39
*14
19%
*11
31%
24 y4
99
105%
*47%
14%
19
24'%
*31
*65
101%
31
*24%
90
90
31%
1,400
90--
*90
14 Vs
94
*30
13%
99%
13%.
*97%
13%
57%
20
24%
*97%
19
101%
14
13%
*97 y4
70
10
24%
*30
>150
900
ioo3/8
y4
13 5/a
98%
19%
Power
32%
*6%
10%
12%
98%
*97%
19-
19
155
7
...
10%
11,300
13%
6,700
98%
■v.
400
*
19
*148%
700
155
57
57
56
57
55
55
48%
48i/2
55
55
473/4-
48%
47%
48%
1,200
43
6i
6i y2
59
48%
58
59%
59
*93
94%
93
94
48%
59¥4
47%
61
*93
58% ' 59
95
7,900
2,700
*95%
97%
*96
*74
75
73
97%
*71
69%
69%
69 '/2
12
11%
11%
39%
13
69
11%
40%
40
*93
75
40
13
48%
19%
18%
19
66 %
18 Va
18%
*18%
20
9
68
11%
39%
68 %
11%
•
.
39%
12%
*47%
48%
18%
18%
17%
183/4
150
96 y4
240
75
20
"
67%
68
11%
40%
13
48
93%
*71
11%
48
.
93%
*96
-
68 %
12%
.
$3.75
$5
1,200
11%
4,500
Wilson
Feb
109% Jan Z 3
1123/b Jan
14
106
Sep
117% Aug
113% Mar 14
115% Feb
13
1133%
Oct
323%
Nov
H93/4 May
6.53% Jun
Feb
24
27
41
2,400
Yale
13
3,800
York
48%
500
18%
1,500
com-No par
100
8
•
f
Apr
10% Jan
9
51% Apr 11
6
Jan
-
13
Jan
2
Brake—No par
16
—
35
Jan
27
Mar 29
71
Oct
90
14
323/4
56 %
101
23% Feb
1
18%
Oct
Jan
31
11%
Oct
35% Feb
13
26%
Oct
41%
283/4 Feb
Jan
90% May
13% Jan
Sep
Sep
Sep
53%
Jan
Jun
Apr
Jan
.6 32% Jan
Jun
13
21%
Nov
393/4 Jan
Jan
2
100
Feb
10
91
Dec;
95
102% Jan
27
106
Mar
6
47% Mar 19
55
23% Jan
93
13
>
Jan
39
24
May
Dec
63 % Jun
No par
31% Mar 26
36
Feb
18
Nov
45%
No par
98 % Mar 17
101
Feb
10
98
Nov
107%
100
62% Mar 27
67
Apr
9
> 63
Aug
72
Jan
103
Feb
13
100
Oct
106
Jan
44% Feb
7
98
Jan
13
35% Jan
13
86
Mar 17
* Apr
233/4 Jan
25
1
50
Mfg Co
/
44
Feb
Feb
81 »/a
13
11
99
Jan
142
Jan
46% Jan
Jan
86
Mar 15
93 % Apr
72% Mar
60
>:
12%
25%
:
21
Jan
;
101
> 21%
July,
Feb '
Mar
160
Jun
May
Feb
52
Sep
62% May
47
Sep
74
34
1
13
Aug
943/8 Feb
13
84%
Sep
100
Apr
100
Feb
20
103
May
8
80
Feb
8
Sep
75 % Dec
59 Va Oct
13% Dec
•
l
70% Mar
i
18 3/a Feb
6
10
37% Mar 21
45
Jan
3
12% Apr
163/4 Feb
n
8
87%
:
33
Oct
106
Feb
82%
Apr
253/e
Jun
61% July
13% Nov
27%
Jan
15%
OCt
35%
Jan
50% Mar 31
16
72% Feb
18
57%
Sep
83% May
16
21% Feb
21
15
Nov
31
Jan
18% Jan
13
23% Feb
10
19% Deo
42%
Jan
83/4 Mar 26
103/8 Jan
31
143/4
Apr
19%
20
19%
19%
*19%
20
83/|
19%
19%
1,600
Zenith
8%
8%
9
8%
8%
2,400
Zonite
sale,
s
Radio
Corp
Products
No par
Corp
Special sales.
1
wdWhen
distributed.
23
x-Ex-dividends.
Feb
7
9
y-Ex-rights.-
Sep
9
Jan,
July
3
"/ 63% Jan 21
11% Apr
Feb
Jan
July j®
May j,'
433/4
Mar 27
53
68% Feb
2
2 \
16
56
36
Oct
Sep
95% Sep
15% Oct
28
105
Nov
12%
19% Mar 18
3
Nov
53/4
9
6
13% Feb
May
233/8 July
Sep
30
3
Jan
107% July
11% Nov
15% Jan 30
Mar 14
Jan
Nov
7% Feb
11
97
213/4
34
13
12"% Apr
44
90
30% Apr
8
6% Jan 14
No par
Feb
29% Feb
8
17% Feb /1
16
9% Jan
Nov
27%
Feb
Jun
62% May
90 %
34
13% Jan 14
86
Mar 17
1
Motors
36% Nov
7
101% Mar 31
9
30
29 Va
62 Va Jan
6,900
1,300
rCash
5%
16% Jan
64%
18%
stock.
$ per share
7% Dec
57
42% Feb 18
16
17% Jan
6
7% Feb
3
18% Feb 11
13% Mar 14
797 Jan
35
4
75% Jan
>
Highest
J per share
:
48
Apr
9
17% Jan 16
63%
n New
Apr
4%% cum preferred
Young Spring & Wire
-No par
Youngstown Sheet & Tube—No par
Youngstown Steel Door
No par
18%
delivery,
--1Z
Year 1946
Lowest
$ per share
/I pershore
Par
•
Corp
64%
Deferred
Iron
81 Towne
18%
a
Co
Inc
116%;
Range for Previous
preferred—s
100
Steel Corp
No par
prior pref
—No par
Co
:
111% Sep
Range Since January. 1
Lowest
Highest
t
43
48 V*
*18
&
Apr
Aug
122%
Co_.—--—10
C4%
July
Aug
89 Vs
119
Jan
conv
Woodward
183/4
fin receivership,
43 %
45
-
Sep
45
Woolworth (F W) Co
10
Worthington P & M (Del)—No par
Prior pfd 4%% series
—100
Prior pfd 4%% conv series—100
Wright Aeronautical
No par
Wrigley (Wm) Jr (Del)
No par
Wyandotte Worsted Co
5
18%
day.
Apr
Jan
17
64%
this
Sep
Jan
163%
108
$4.25
preferred ——-No par
Wilson-JonesCo—
—.———10
Wisconsin El Pow Co 6% pfd—IOO
63%
on
29%
47%
Sep
>.31% Sep
.85% Sep
29
Sep
113
113
White Dental Mfg
White Motor Co
.18%
sales
Oct
Sep
9%
14
3
Instrument——12.50
Willys-Overland
Feb
117% Mar 11
*
Chlorine Prod
conv
343/4
121% Jan
16
A——
Air
preferred
Wheeling
12%
-
Elec
5y2%
40%
13
series
Dec
35% Mar
31
2
Feb
Wheeling & Lake Erie Ry
%
no
Apr
110
STOCK ? 7
Pacific RR
Westvaco
18%
prices;
'■/
10O
Westinghouse Electric Corp—12%
3%% cum pfd series A——-100
3.80% cum pfd series B
100
6S
8%
48
Sep
/ Jan
'
203%
4
7
No par
Pulp & Pap Co
Preferred
18%
8%
Feb
12% Jan
Jan
Auto
Western
62%
9
41
:
38
Supply Co———10
Maryland Ry———100
4% non-cum 2nd preferred—100
19
20%
,:
Dec
233/4 Aug
115% Mar 13
100
Western Air Lines Ino
67%
8%
asked
75
39%
12%
19%
*71
11%
48%
67%
96
67%
13%
20%
94%
96
11%
49%
67%
93%
96
75
69%
*48%
*19%
95
96
*71
97i/2
I
pfd
Wilcox ' Oil Co—
40
48%
97%
4 V%%
100
1,900
4,000
63
73
Mar 24
Mar 18
Oct
39
20
18
200
'
48%
55
26% Feb
22
34
"
50
Jan
25%
8
(The S S)
20
——r-l
White Sewing Mach Corp
—-1 /
$4 conv preferred——No par
Prior preferred^——a-—.-20
63
55
23% Feb
Sugar
>
Weston
14
13%
155
49
25 Va
13%
19%
700
120
13%
98%
380
400
13%
*150
15,900
993/4
993/4
13%
19%
11
14
31
7
99
20% Apr
r
'e
Oct
Nov
18'%
22
11% Jan 18
38%
37
*98%
11
155
Jan
30% Jan 22
31
*6%
19%
27
Western Union Teleg class A_No par
pincc
r
No par
70
*100%
38%
10%
*971/4
11
Sep
163%
22
,39% Jan 30
Westinghouse
343/4
100%
70
103/4
*150
100
31
Feb
20% Jun
183% July
107% Feb
Xliy8 Mar
7
Jan
13
,
7,500
243/4
*47%
*6%
19%
105
7
18% Feb
28
4,800
1053/4
99%.
993/4
14
193/a
*105%
49
10%
1541%
31
106% Mar
1)
V
/,
22% Jan 16
313/a
15
24
99%
6%
*19%
13
Oct
13
86
Apr
Nov
9%
19% Feb
13
23%
3
No par
EXCHANGE.
300
30%
105 %
*98 y2
14%
600
86
*11
113/a
*150
Jan
7
Jan
x23% Apr
Inc
NEW YORK
100
37'A
86
19%
*38,Va
14%
37
15
10%.
100
15
2
13% Feb
14% Apr 11
103 % Jan
: Jan
24% Jan
5
Shares
6
*,13%
31%
*30
7
V
5
4%% preferred
Western
30
*29%
30%
1
Western
11%
6%
Mar
7107
>
3
1,800
11%
7
111
>29%
103% Mar 17
110% Jan
2,800
993/4
25
Apr
4
2,000
373%
33%
54
2
8%
6
863/4
50
Jun
Dec
Feb
52%
373/4
24%
233/4
33 %
11
90
8%
86%
19%
Sep
15% Oct
36% Feb
8
34% Jan
Sales for
S per share
37%
31
75% Feb 18
17% Jan 25
Apr
13
51%
*6%
and
115
25
8%
7%
♦Bid
91%
13
86% Feb
Indies
the Week
6 Va
11%
20%
Jan
33% Mar 15
—100
preferred
conv
52%
6 Ve
*89
*90
Friday
Apr. 11
Apr. 10
*6%
*8%
1
94
STOCKS
Thursday
11%
*20%
z
Apr
,
y; May
29 Va Jan
West
70
30
101%
32%
13 %
Jun
51%
113
No par
$4
5,900
■
113
101%
99%
40%
26 V8
Sep
Oct
Corp
1
West Penn Eleotric class A—No par
7% preferred —~10O
6% preferred
—10O
280
30%
114
113
33%
25%.:-. 25%
50
s
15%
16
113
100%
25%
*49
5
Apr
'
83% Oct
37% Jan
*111%
33%
33%
•39%
Apr
58%
30
No par
113
100 Va
25%
*13%
253/4
6
8
Va
*65
*32%
*11%
Feb
Oct
Nov
2
Feb
8% Apr
Penn
100
38%
69%
39
15%
35
13
5
West
"67
*100%
'
17% Nov
7
15
Feb
7
Co
Tobacco
West
67
67
39%
57%
Feb
Apr
137
,
Wayne Knitting Mills '
5
Wayne Pump Co—*..———.1
87%
30%
113%
114%
100
100%
*62%
101%
19%
Jan
-
11
600
Motor
280
*47%
39%
155
Apr
49%
101
16% Apr
Waukesha
1,500
50%
*100%
i
200%
Mar
Jan
62 % Apr
400
40
99%
40 y2
*19
110%
94% Feb 20
89% Feb 21
5
39
1053/4
101%
*150
Apr
Nov
37
No par
40
*991/8
40 %
32
22
91
32
Warren
393/4
1053%
*100%
*30
Feb
Dec
2
Jan
11% July
July
40
100
Fdy & Pipe
Petroleum Corp
Washington Gas Lt Co
118%
99%
40%
90
27%
8
39
20
800
.»
111
15
40%
15 %
54
Dec
10
203/4 Jan
1
Jan
100
Wesson Oil & Snowdrift
44
*110%
105%
*48%
35%
19%
30%
101%
*85
Sep
Sep
18%
18% Feb
101
Warren
5,800
423/4
313/a
87 »/2
*11
313/4
*105
51
37%
101%
101
41
7
41
9
Webster
*117Va
8
*86
15
31
98 y2
105%
*35%
7
17
22
9
800
111
6
13%
87%
19
51%
30
192
11
Mar
Jan
Feb
Mar 26
69 % Jan
Jan
Apr
Feb
99
11
19% Apr
1,600
118%
6
37%
*86
19%
*49%
93/4
20 3%
128
Dec
10% Apr
8%
*117'/a
8
141/4
90%
15
Sep
22
13
Warner Bros Pictures
40
53%
61/8
*39%
*11
43%
Nov
No par
34%
*110%
I per share
543/4
i/a
*83
19%
Oct
Nov
1
May
G & W——No par
22%
111
Apr. 9
I per share
56%
*13%
7%
100%
27
—
8%
115
Wednesday
Apr. 8
$ per share
8%
*6%
21
No par
22V4
„
118%
*111%
Tuesday
Apr. 7
$ per share
*56
7% Apr
12% Feb
No par
Co
LOW AND HIGH SALE PRICES
8%
Jun
77%
Feb
preferred
—
34%
9
*114,
40
113
8%
45 '
44%
31
110
114%
8%
114
115
*109%
36
87/s
46%
87%
31%
*35
25%
36%
36%
25
8%
15%
*24
23
23%
46%
55%
25
Jan
Z—100
Baking Co common
5V2% preferred—
•>:> >220
*35%
*22%
Nov
187
42
Ward
104
20 3/a
1,300
'
Wabash RR 4y2%
Waldorf System
20
104
:
11%
106
200
16 3/a
203/s
15%
47
11% Feb
94
'Preferred: —..^.—.—.—100-
63
16 3/a
*15%
*105%
Co
21
3
Jan
X118
Detinning
Jan
7
Apr
Feb
29%
13
89
Feb
166
Nov
3
6
Vulcan
Dec
203%
11
par
;
Feb
Feb
973%
W
63
104
'
84%
89
Oct
52
—10O
—
142
Oct
Sep
65%
Mar 27
103/4 Jan
0
Virginian Ry Co
—_25:
8% preferred ...j.—25
Visking Corp (The) class A—.—5
900
174%
*32
preferred
cum
40%
x72
29 y2 Feb
17
Va El & Pow $5 pref
400
1
8
19
-
100
.....
Feb
9iy8 Feb
33
^.100
Oct
Apr
187
Nov
Feb
14
34% Apr
Dec
80
Jan
17% Apr
Apr
39%
106
144
27
8
16 Va Jan
—10
Va Iron Coal & Coke 5% pfd—IOO
174%
*103%
82
84
Sep
Jan, 13
X22
60 % May
;;
'''*
108 y8 Mar 31
.
8
1
Co Inc
Dec
483/4 Feb
86% Apr
8
184
Mar 26
100
Inc
Sep
48% Nov
28
4
div partio prefered-.ii._-100
100
6%
130
Feb
Feb
_
14
Jan
18'/2 Apr
6% Apr
No par
Va-Carolina Chemical ......No
97
373/4
36
Raalte
VA%
73/8
813%
1193/4
41
*37%
36
*104
7%
82
*155
16%
8'% Jan
47
1
300
44%
*135
*62%
Inc
Vicks Shreve & Pac Ry
5% non-cum preferred
Victor Chemical Works
95
44
*88%
51
793/8 Feb
23
Nov
100
11
81
V
13
—1
35
363/8
11
Feb
Dec
59
•
May
25% Aug
11% July
...
9
-
5
60% Feb
150
27
Vertientes-Camaguey Sugar Co_6y2
Viqlc Chemical Co
_2.50
95
95
*44
Jan
Jan
50
Corp
10
5
13.
8
_2
pfd
conv
Jan
,102
No par
Inc
700
34%'
*87
*87
*103%
2d pfd_5.
non-c
v-
Paper
,
Jan
Jan
2
45y2 Mar 29
5
Jan
13%
10
19
.
10
Van
34%
95
46
Apr
Vanadium Corp of Am—No
par
Norman Co——
-.-2.50
600
16%
34%
17%
95
105
j 20
1
13 7%
44
165
4
————-loo
>
16%
*87
*44
$4.20
referred
Wall
cum
8
25
Sep
Sep
Feb
16
76 y2 Apr
68 Va Jan 16
No par
8%r preferred
Universal Pictures Co
4 y4% preferred
34%
*87
*103
Sto-'""
conv
423/4'Jan
C
Jan
preferred
6 3/4
25
39. -Jan
1
8
144
Stockyards Corp
8
-•
103% Mar
9
100
Co
62
73
6
50
common—No par
Apr
98% Aug
Nov
10
Apr
44% Feb
'
;
—
Corp
Sep
37%
3
.
Mar 14 ..;
>
473%
90
Apr
7
147y2 Jan
100-
Feb
15
35
y4 Mar 20
29 V
$ per share
13
223/a Apr
.
3
,
1003/4 Apr
1' 48 % Apr
.10
-
*
64
■
100
preferred
Laboratories
Universal Leaf Tob
30
24%
17%
Corp_—
pfd series A
non-cum
4%
16%
17
34%
*17%
38 y2 Jan
Card ...Co-——--—_1Q,
Universal
r
84
20
Universal-Cyclops Steel
35 y4
343/4'
17%
34%
17%
87%
x24%
84 /1
VM
$6
2,300
185
9 y4 Jan
26
8% Feb
22
10
6
Feb
94
3
16 y4 Jan
Highest
Sper share
53% Feb
13
24
253/8 Jan
_
1st
Year 1946
33% Jan
2
Jan
6% Mar
Range for Previous
Lowest
t per share
7
No par
Foundry
Tobacco
United
;>•>>. 300 >
6%
*180
S
United
100
100
20
Steel
United
4,100
X41
Smelting Ref & MinL_^_—_30
7%
4,400
1
50%
*18
6%
*86%
185
85 %
*84
*49
i
{
Z>
Apr
88% Apr
1
non-cum
S
U
3,000
9
A
Preferred
40
9%
cl
preferred
Preferred
U
6,600
>
109%
6%
*86%
*180
■■!■
6%
8%
50%
*18%
700
f
93/8
8%
U S
r
,29,700
T
23 Va
No par
Rubber Co.
8%
'
20l/a
47
U S
2,700
*105%
9%y
8%
*49
*180
;
77
6%
109%'
*105%
'4,800
t
147':
*46
___5
:
.
conv
S
600
20
'47
6%
7
87
1
45
146%
*
.20%
*46
18%
87
156%
••76%
147%
-
10,200
433/4
Co
Pipe &
U S Playing
U S Plywood
3%% cum
270
*
&
4'/a %
U
4«»
4,500
49%
156%
•
50
6%
185
j
»
69% / 70%
8%
•18%
86%
*180
107
8%
63/4
86%
88
77
9%
107
19
6%
*
30%
48 3/8
45
147%
6%
9%
-
8%,
;
51
■>>
18%
45
47
eVa
109%
*50
6%
157%
77
147%
> *46
10
157%
65
Leather
Partic
.
1,700
1003/4
49%
20% "20%
6%
8%
■
I
f per share
Par
•
U S Lines Co
1,900
41%
65
>.
Corp_
Mach
'•P.
Range Since January 1
Highest
Lowest
preferred J
;—t
100
Industrial Chemicals—.No par
S
S
v
46,000
30%
v.
Hoffman
'•
4% %
U
1,200
,
1003/4
•
705/a
70
47
*107
>'V' 8% > 83/4
18%
76%
v'
~
31
1033/4
48%
45V8
147%
-
21
6%
158
.,,45;
76%-
w*
6%
49 %
157
--
47
72
10%
*107
109 %
,9%
*50
158
*46
10
30%
1003/4
'•
>';.'r
<
,
'
10%
•41%
-
S
U
2,2001,500
22.
:
./>.'> '
:•
YORK 'STOCK "
V'"."*
U
10
{
34%
2iy8
/ *10
66
30%
48%
34%
Z,
4141■.>»
-.•65
100%
50%
20%
66%.
7%
-
NEW
EXCHANGE
2,10*
493/8
7%
,
10/iv.
30%
76%
20%
41%
:
9it
X493/3
:
>>,'»
Shares
24%
*86%
.
.
22%
10
100 3/4
147% 1473/4
20%
21%
9%
•65:
69 3/4
72%
149
20%
6%
41
(
.73/4
343/e \ 34%
.
21%
9%
(•:
.
24%:
,
73/4
.
1
$ per share
90
;■
51%'
51
.'•
..
Sales for
the Week
24%
.•86 3%,
34%, £
20%
'31
443/4
77'
,71%
*147%
*34
;
101%
-48%
47
*76%
72%
147
10%
7%
42
*100%
.
;»v
66%
:
*65
31%
,
*154%
78
147
9%
42
.
24%
,49"%
7%
20%
";9%
101%
47%
*76%
19%
9%
•.
1/
90
43%
f
34
50%
158
*46%
'
7%
34 >>
*1003/4
51
*155
1> 24%
*86%
52
73/4
"
343/4
9%
51
£0
51%
34%
*41
•
*24
Friday
Apr. .11
$ per share
'
52
>
S per share
-•
24%
*863/4
3Q' ' /
r
20
9%
233/4
90
/
per share
■
"
19%
24
*83%
••,.
8%
35%
•35
"
'ii$
A STOCKS
/•>•
1',
Number
Monday-
—
—
Wednesday
Bonds
$78,600
241,000
$3,000
* ;
;
$52,0001,126,100
Bonds
,
Government—
"
Foreign—-—
Railroad &
$18,160,100
Jan. I to
^
'
:
7,666,400
'
<
April 11
1
: 1946
'
:>>' -1947
1946
4,305,530
.
2,853,000
3,776,800
3,622,700
$52,000
;
April 11
1947
1
' 3,665.000
1,000 A
$1,126,100
;Week Ended
r
13,000
----—
Total
'287,149,100
208,850
$308,113,400
'
i:
\
343,000
'
8,000
187.000
43,000
209,000
$136,000
$1,175,000
$1,311,000
28,449,700
'
V'
r
:
■■■■■'.
,
■-
Bonds >"
•
Domestic—
,
•
,•
-
,
—
—
..
,
J-
J*'
W
.
'
"v
•
>.
>
•
.
i.
24,815,503
58.581,200
»-A,
■
.
$1,311,000
$1,862,000
$17,200,000
$33,473,000
Averages
"'.v'.'
Stocks
'
r—?—•
■
.
•'
'
.
:•
..-.30
,
20
?
II
trials
Date-—
April
April
7-—--3
—
Apr"
9—
t
•
roads;/ ties
•
173.40
10——
.ApriL 11———
.47:12:
47.27
46.72,
v
173.98
,• April
;
173.43V '"
Bond Record
63.38 "
€2.89
62.10
35.08
", -35.03
62.20
61.84
•
34.76^ '
v
104.68
.
104.68
104.70
-
10
Second:
10
Grade
Grade
utili-
Rails.
Rails
-
.
Total
ties
40
;.
:
Bonds
107.71
104.23 '
111.37
111.31
111.12
*
93.23
93.14
107.84
93.19
107.84
104.20
111.22
93.04
107.91
.104.21
111.27
111.29
104.60 V
104.64 104.64
62.04
i
'
10
First
'-Total -- 10
05«<. - IndusStocks ^trials
93.11
108.05
104.27
93.07
107.99
104.26
,
104.23 '
New York Stock Exchange
coi
FRIDAY
NOTICE—Prices
.'.15
r
!76.Vl ^ . 48#8
;35.92
'175.39yk 47^90 •? ^35.74
173.20
47.25
/ 35.25
5--——
jApril
k
Hail-/ Utll-r
Indus.
*
-Bonds-
—-—
•••"
■
WEEKLY
-
-
YEARLY
"and interest"—except for income-and defaulted: bonds.
Cash and deferred delivery sales are disregarded in the week's range, unless they are the only transactions
the week, and when outside of the
regular weekly range are shown in a footnote in the week Iri which they occur.
No account is taken of such sales in computing the range for the yejuf.
The italic letters in the column headed "Interest Period" indicate in each
case, the month when the bonds mature.
are
7 *" Figures after decimal point represent
q,'
e
4
7
.
Saturday
Apr. 5
Low
LOW AND HIGH SALE PRICES
^
Monday
Tuesday
■
Apr.'I
•-
High,.
Low
High
"
Low
.
Wednesday
Apr. 8
Thursday
Apr. 9
v
Low
High
High
Friday
Apr. 10
Low
High."
8ales for
Apr. 11
Low
High
NEW
YORK
101.28
no,1.26
101.28
•101.25 101.27
• 101.24
101.26
•105.30
106
Treasury
4V4s
♦105.30
•105.30
106
*105.29
105.31
•lOS^S
n05.26
105.28
Treasury
3«/bS
•112.8
112.10
*112.8
*108 17 108 19
*108.17 108.19
*107-8
1070
*112.26
112.28
I^"28 101-30
I107 8 107-8o
*112.26 112.28
n01'28 101'30
n076 1078
IWlll HH8
II™ ?o HI 7
*102.18 102.20
UHoc
<14,?2 }14,27
*102.17 102.19
•H4.26 134.28
*104.8
*104.8
104.10 '
*105.9
105.11
105.11
*105.9
KZ-Si
.!
*104.26
*105 31
104.28
*105.31,106.1
*112.23
*113,27 113,29
n13,26 113,28
*114.23 114.25
*113,23 113,25
*114.19 114.21
*102.15
104.10
*104.8
104.10
105.11
*105.9
105.11
*105.11
n07,7
107,9
107,9
*104.27
*
mS45
-
,
*104,6^. 104.8
' *104.6
104:8---
no7,3
107,5
*105.18
*105.8
105.10
*105.4
105.6
*104.28 104.30
> ;
104.31 >
*104.26
,
;
o°
;
104.28
106.2
■
♦105.14 105.16
*105.15,105.17
" *105.15
•J°Hf P2,26 ' "i0*-28'102.?7 ;
*102.24 102.26 ' *102.25^102.27
101.1
*107.20
J2? ?° ;
J2?-2°
-
105.17
*102.26 102.28
*101:1
*102.28
lOU
121
102.5
101.1
*102.3
101.3
102,5. '
*100.28 100.30
*102.3 102.5
>102.2
102.4
*102.2
102.4
*102.2
•IK?-?,
*10211
*102 7
I02-19
-IJ22*25
102 9
*102.11 102.13
'
*102.16 102.18
*105.24 105.26
*102.30
103
103.6
*103.3
•103.2
103.4
*103.3^103.5
*10516 105.18
101.5
101.7
•Bid
and
*101.6
102.19
,
*102.1
*102.18 102.20
;,.
101.3 "
102.3
*101
102.4 -* 102
■
,
*102.1
V
"
.
*102.27 102.29
*103.1
303.3
*103.2
103.4
*103.1
103.3
',^•103.7
103.9
*103.8
103.10
*103.5
103.7
*103.3
103.5'j
105.18
*105.16
105.18
*105.15
105:17
*105.13
s 100.31 101.1
100.30 100.30
*101.7
1Q1.7
101,9
sales transacted this day.
101,7
a
Odd
*100.30 101-
*101.7; 101.9
lot
transaction,
r
Registered
Feb
106
106*
Apr
106.16 May
107.15
Jan
105.29
Aug
107.5
Jan
108.4
Jun
108.4
Jun
2Vis
~
104.23 Feb
1963-1968
_
!
14
104.23 Feb
104.7
Nov
107.4
Apr
29
103
Jan
,107.9
Apr
2
104.15
Jan
1964-1969
103.29 Jan
6
.104.4
Jan
13
1965-1970-
104.2
104.2.
Jan
30
104.4
"""""~1966-1971
104;7
.ZZZZZjun"e"l967-1972
103:1
Jan-30
Jan
Jan
104.7
29
9
2V,r
Dpc
1967-1979
2 V4s
1951-1953
102.24 Jan
6 :
106.15
Apr
109.15
Feb
101.15
Jan
106.16
100.15 Aug
-
107.10 Apr
Jan
106.28
103.19 Apr 10
Jan
101.16
•
Jan
102.11
:
Jan
102.11
..
Sept. 1967-1972
—
:
102^22
,
Jan 29
103.20 Apr
29
107.27 Apr
14
Jan
ZZZIZZJune"1964-1969
Der
Apr
105.22 May
Z"~~ "~~-1954-1956
106.15
Apr
Aug
107.19 Apr
107.9
Apr
Apr
1952-1955
Treasury 2Vis
1956-1959'
1959-1962'
•
105.17 Feb
7
105.17 Feb
7
Jan
D?c
?
108.17 Aug
108.17 Aug
)
104.22 Sep
107.14 Apr
100.29 Jan
104.10 Apr
104.7
Apr
6
June 1959-1962.
2%s
:
'
102.5
Jan
6 '
102.5
Jan
101.4
;? 102
102
v. Apr
*
Apr
1948-1950
102.8
Sept
Dec
IO2Z8
Dec
103.9
June 1949-1951
Jan
103.9
Jan
Jan
i949-i951-
J-Dec.
March 1950-1952-
1949-1951;
102.12 Apr
9
-
102.12 Apr
9
103/7
102.22 Feb
4
V 102.23 Apr
9
.
:
103.22 Feb
102.16
Oct
104.3
2s
1951-1953
102.20
Oct
104.14
Treasury 2s
Treasury 2s
1951-1955
103.13 May
103.13 May
June 1952-1954
102.14 Nov
104/26 Feb
Treasury 2s
Dec. 1952-1954
Treasury
:
j
Treasury
-
104.12 Feb 21
104.12 Feb 21
1949-1953
Treasury 2s
t
;
*100.29 100.31
*101.6
101.8
118.23
1948
,
£ I"™"
2,000
105.15"
*105.16
118.15 Mar
Treasury 2s
<
v
Nov
113.3
Treasury 2s
!
103.5
*103.5
103.7
'
~ "
*102.22 102.24 f
102.31
*103.3
103.6
113.3
Nov
Dec
1958-1963
TtetSSj' Is !.~ZZZZZjA.lAw,
Treasury
March
Treaty 2s ZZZZZZ__Dec! 1948-1950
13,000
'
*103.4
,
Feb
Apr
""
ZZI
*102.6 102,8
*102.10 102.12
*102.22 102.24
:
109.22
115.23
1962-1967
Tretsurv
'
I ZZI
.ZZ
*102.29
102.23 102.23
Dec
1960-1965
-
Treasury 2s
*102.31 103.1
*103.5
103.7
107.5 '
113.12 Aug
Treasury.2»/4s
i
'
102.3
*102.15 102.17
102.12
—1956-1959
2s
*102.7 102.9
*102.11 102.13
Jan
Dec
Treasury
.
-
*102.16 102.18 :
Feb
115.26
102.11
Trellml IvA
TrllS IvA
101.2
102.2
ll"lZl8
112.21 Aug
4
10
ZZZZZZZZZ~1956-1968
Treasury
"""
.
102.23 '
103,5
No
102.4
* 101.1
*102.2
*102:21
*100,27 100.29
103.1
101.8
price.
*102.2
" '
•
*102.21 102.23 ;
'
Jun
3
Feb
2vls
Treasury 2Vis
'
;
lwle
*102.31
>
!J°?31 1011
asked
101.3
102.5
105 20
*103.3
.
*1°3.6'v103.8
•nA?'c
*101.1
*102.3
102.4
*102.24 102.26
103.5
102.28
110.3
Feb
102.6
2Vis
Treasury 2Vis
12 00(1
*104.4
102.28
*102.26
4
112.6
Feb
101.28 Apr
1952-1954
Seaswv
:
;*
*105 18
-*100.27 100:29
;
108.21 Feb
112.6
Apr
1951-1954
Treasury
11.000
107.20 i *107.15 107.17
105.15 ; *105.11 105.13
162.30^*122,26
108.21 Feb
1955-1960
frlasS \vX
•
T
*103.11 103.13
I04.s"
102.30-
n02,7 102,9
^02.8 102.10 '
*102.12 102.14 > .. 102.12 102.12
*102.17
*102,23 102.25
•102.30 103
•103.4
*105.13
*100.28 100.30
'
'
-*104.6'
*105.17 105.19
*1°2.26 102.28 >i02.28
'
V
104.10-
1 000 '
,
J
*105:28 105.30
- ' -;
1951-1955
2V^s
Treasury 2Vis
—
104 23
104.20 '
^*104:16 104.18
107.22tS *107.20 107.22---*127.18
-*1^>2.3
~*102.16 102.18
*104,8
104.23
*104 18
21
2%s
Treasury
.!
''XI I03,18 ^103,11 10813
"
---
>*104.22 104.24 !
*104.26 104.28 ^-*104.23 104 25
'*104.25 104.27—* 104.22 104.24
Feb
Treasury
105.20'
105.12
6
106.6
Treasury
"
107,7
10^,2'>*106
*104.7 -104.2
Treasury
105.23
^103.13 103.13 ' *103.14-103.16 ' - -103.16.103.16
*103.18 103.20' •103.19-103.19
•105-19 105.21
*105.19 105.21 V -*105.20 105.?2:-*105.20 105.22-- *105 18
105.20
*107.19 107.21 * *107.19' 107.31-
105.8
104.27 May
102.22 Jan
106.1
Tvellury 2%J IIZZIII—wS-WM
HZ
105.10
*105.6
no7,5
>*104.30 105
104.25
•' -*106
>105.8
105.10
*105.10
104.27
*104.23
105.10
*105.8
Treasury
.
*105.21
104.29*104.29
M *104.25
104.8
*105.23 105.25
105.11
104.30
*104.6
Highest
104.14 July
102.13 Feb
1949-1952
—I——1948-1951
Treasury 2y4s
Treasury 2%s
Treasury 2Vis
102.15'
*105.8
;
102.17
104.9
*102.13
"104.7
105.13
n^7
'
Treasury 23/4s
Treasury 2%s
Treasury 2%s
112.25
102.18
-'v *104.28
iS*}6
l4
106
106.1
107.7
112.28
*114.26 114.28
*105.21 105.23
104.23 ' *104.23 104.25
•lOsS
105/31
*107.5
*112.26
112.29
*105.10 105.12
104.24
*
*112.27
*102.16
*105.9
*104.20 104.22 ' *104.22
112.29
10.°00
Lowest
Lowest
1947-1952
-
" ~
Treasury 3s
Treasury 27/8s"
112.4
*101-26 10128
*307.3 307.5
102.19
*105.9
105.11
*104.27 104.29 ' *104.27 104.29
$104.21
*112.2
112.9
101 28 101'28
*104.8
" 105.7 «105.9
*104.25 104.27
n08.16 108.18 '
*112.7
112.11
n0L28 101-30
ol07-6 107.8
*113'27 113,29
*105.19 105.21
105.8
nOS.n 108.19
*112.9
*102.17
105.11
r
•108.18 108.20
112.11
*112.27
-
!12H9 J25,2
105.6
*112.9
-104.10
*105.9
*105.9
112.10
Year 1946
Range Since January 1
Highest
STOCK
EXCHANGE
•101.26
105.30
Range for Previous
GOVERNMENT BONDS
the Week
Bonds ($)
•101.26:101.28
106
of
one or more 32d of a point.
♦101.27 101.29
J?8'20
11
1946
•
$1,175,000 v$1,556,000 V* $15,041,000 •' $28,136,000
; 136,000 t
•;
272,000
1,999,000
; 5,117,000
V —"
v 34,000
^
160,000
220,000
Foreign government
Foreign corporate
Stock and Bond
-
1947
.3,307,980
•
•
.
Jan. 1 to April
1946:
-
.
■■
,
-
192.000
>
Below^are the^aily xlosinglaverages of'representative»stocks and bonqls
listedNew,'YpirkStoclcJbccliange as-compiled by£>ow, Jones & Co.
r'f.
V-
f
179,000
1947
'
"V'.
270,000
» -
J
6.000
..
166,000 /
1,220,065
$474,804,000
C'J-
"
76,000
<
Wcek Ended April 11
;
^
; 443,744,700
f'-i
»
^
185,000
258,510
Total..
i-.
270,000
■
Total
$110,000
.» '
■
267,000
193,250
Stocks—No. Of shares—
$2,609,600
$30,614,300
V$18,l60}000
.
Foreign
Corporate
$3,000
"
•
$137,000
2,130,500
28,346,800
>
16,082;OOO
Industrial
"
190,075
285,680
*
*
$312,500
20,651,800
$107,000-
i
1,220,065
t.
•
.'-i
83.700
Total.
126,369,877 '
73,085,180
April 11,1947
Foreign
Government
Domestic
Shares)
Saturday
Monday
Tuesday
Wednesday
Thursday
Friday
2,969,000
28,000
>
256,700
4,365,530 :• $16,982i0C0
of
Week Ended
$1,273,600
7,000
175,000
Bonds (Par Value)
(Number
Sales
,,
-
147,000
3,536,000
854,810
U. S.
Bond
Bonds
3,365,000
675,530
Friday
Stocks—No, of shares
Government
227,800
Thursday
Totaj
Total
$1,192,000
2,728.000
3,483,000
2,678,000
272.290
633.010
1,020,490
649,400
Saturday-,
Stocks
United States
Foreign
Bonds
Shares
Week Ended April 11,1947
Tuesday--
Railroad
of and Miscel.
Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Stocks,
Transactions at the New York Curb
Exchange
Transactions at the New York Stock
1,000
2,000
103.2
Jan
24
103.1
Jan
103.2
Jan 24
21
103.4
9
101.2
Jan
29
101.4
6
101.7
Apr
9
Jan
102.22 Nov
Jan 24
100.30 Apr
Mar
104.29
101.14 May
101.31 Mar
Feb
Sep
102.17 Mar
„_1953-1955
2s
Treasury 13/4s
Treasury 1 Vis
bond*transactlon.-
Sept. 1950-1952.
:
1948
1950
Jan
;
101.3
•
Volume 165
Number 4585
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW
YORK
RANGE FOR
Friday
BONDS
New
York
Stock
Last
Period
Sale Prioe
Friday's
or
Bid & Asked
Low
Bonds
No.
High
Low
-v
V
BONDS
New
York
Stock
>'v
*'t'
•
-P'
" '
i"'
Copenhagen
.1930
J-D
112% 112%
64
110%
25-year
114%
»'
v
'
•*«'.**.
•
(City)
gold
.
1-
5s
(
Rica (Rep of) 7s__.
(Republic of) 5s of 1914
loan 4'As
4'As external debt
Czechoslovakia
to
Foreign Securities
6%)
~
Members
REctor 2-2300
series B_
8s
120
New
York
Stock
T eletype
to
Broadway, New York
NY
1-1693
6s
.
6s
5%s
1947
F-A
79
A-O
M-S
J-J
tmmrn
7s series B
1945
J-J
s
f 7s series C__
1945
I 7s series D; 1945
sec
AAntwerp
f
s
(City)
2d
7s
10-year
series__1957
external 5s
1958
1956
I
25
6
22%
18%
2
22
F-A
f $
f
$
7
103
1
103
104%-
101%
16
100
76
98%
50
99
99%
99
99 3A
1949
M-S
*104
s
f
6s
1955
J-J
External
f
7s
*106% 107 7A
s
1955
J-D
108%
(U S
of)
external
8s
1941
J-D
1978
J-D
1957
109%
A-O
(Int reduced to 3.375%)
s f 6'As of 1927
1979
69'A
69'A
1
57%
57%
1
69%
70
3
107%
(Int reduced to 3.375%)
(Central Ry)
1979
A-O
1952
J-D
5%
61%
60
62
73%
31
52%
63%
58
58
2
51
15
64
*58
62
ASec
A-O
e57%
e57'A e58
64
65
65%
*
62%
:
12
60'A
68 '/8
1
68
68%
85
85
78
57'/a
62
57
63
63'A
67
62
57
■Si
66%
63
67%
57'A
62
Canada
(Dominion
25-year
Carlsbad
AChile
A7s
s
AExtl
99%
'
M-N
Sinking fund
A63As
A6s
A6s
A Chilean
75
assented
AChinese
Colombia
A 6s
of
5s
21
' 27%
-
11
f.r-.
~l
27%
29
23%
27%
27%
14
23
28%
1
24%
27%
34
23%
27%
27
27%
27
mm
■
__
<
27%
J-D
J-D
J-D
27%
*
8
17%
."9%
*8'A
footnotes
see
i
J-J
*"
J-J
*12%
14%
13%
—
14
—,
YTrJ
M-S
*38
40
38
40%
♦32
36
33%
33%
•37
40
39
40%
•32
40
-
M-S
26%
26
27
20
A-O
27
__
26
27
26'A '
26
Y
Jf-N
27
:
26
27
J-D;
*14%
mm
26%'
24'A
A-O
"
20
Y
'
24
—
'
105%
105
102% 102%
^
101%
ifp
;
104
.1963
M-N
101% 101'/4 '
101%
1994
M-S
♦104
1947
M-S
*37
M-S
•30
99%
35
4
99% 100 %
v
105%
__
A-O
v
A-O
1947
1947
*88
J^J
to 2.125%)
YJil.
M-S
1
r
17%
„
1958
A-O
fund gold
1961
22%
22%
19
18
♦38 >
18%
38
—
38
♦30'A
w
J-J
A Rio de Janiero
1946
A-O
2001
A-O
*34%
38
■
X *30
33
sec
6'As
F-A
*37'A
extl
loan
of
2012
external
loan
30%
;
F-A
34
'mm;
37
39%
30%
17
30%
Y
*30%
37
.
Jl
---
21
25%
■
V.
A-O
59
89%
.4.
;'58%
59%
53 i
■43
I
< 53
;
M-N
-
F- A
53
..
*52
.
.
K 53
•
-
—
.V.
90
'86'A
'
58'/a
90
t
35
30
30%
?9
31
32
37
39
31%
31%
33
—
♦30% .37 Y
institution$
-
FOREIGN
> -s
—
„
SECURITIES
FIRM TRADING MARKETS
r»ARL MARKS & ro.
jgg:.
/|||;
FOREIGN SECURITIES SPECIALISTS:
;
50 Broad St.. Now,York 4.
N. Y.
-
:ilp.
52%;
53
•1-'
52%
54%
Telephone HAnover 2-0050
J
,
; ;
!
40%
37%
•
r
62%
35
36
"I
_
r-.-;
'v
,
25
16%
X
32
*37
J-D
_
*30%
38
..
33%
"37%
K
.
1'
2004
37%
36%
36%
J-D
2004
1967
45
*34
1999
to 2%)—-—2012
of 1926
1966
Stamped pursuant to Plan A
(Int reduced to 2.25.%)
32%'
38
*405A
,J-D
Y.
a
41
38
_
A-O
1968
Stamped pursuant'to Plan A
(Int reduced to 2.25%)
'
6
41
41
33
30%
..
1946
1921
I
Y.;
39%
38
F
42
1953
(City of) 8s
24%
21
38
31%
2006
21%
Y 18
—
—
29%
,22%
1
32
21
>i'
19%
;
8
.
42
*30
—
21
28
10
"4
:
20%
J-J
1966
20%
20%
*21
■
r
22
21%
A
21
20%
20%
J-J
to 2.375%)—-—2001
.
36
21%
29,1
7.
J-D
'
20
•
i
1963
(City of) 8s_^
Stamped pursuant to Plan A
r
'C
'; 16%
v.Y'15,.,
14
18%
*19
A-O
8s—1950
APorto Alegre
18%
17%
17%';18%,
(U"
A-O *
-1968
32
17%
17%
J-D
7s—_—1947 Y
f
s
assented
;
20%
86%
">-*'88%
♦<..
101
105%
40
36
—
'•
26
27
•22%
105%
102%
100
3
38%
2008
7s
J-D
1967.
26'A
-
14%
Y-'
103%
103%
r
'
27
22 %
'3
-
16
-.>1955
7
9
•102% 104%
For Financial
27
23%
14
«1m
25
(State of)
25
23%
23%
3
,
103 %
106
102%
103% 104 %
103% 104
103%
F-A
J-D
ref 3'As series B
sec
27%
"
25
A-O
1963
1970
33
103%
.
27%
22
*
5
26
26
>_1965
f 5s_
10
103% 103%
25%
22'A
mm
A-O
s
MS
;
33
—
25%
22 Va
mm
26
-M-N
—1946
11%
10
J-J
27%
23%
'
__
27
.M-S
1927
33
17%
8%
—
27%
23
15
*23
-M-S
1926
page
>
15%
11%
28%'
23%
.
mm
27%
'
24%
mm
mm
27
4%s
A7s municipal loan
27%
24%
23
mm
—
—
23%
mm
27%
__
1957
28
23
M-N
_;_1970
6'As
9%
15
15
"'YYvoYY
1a4'As assented
AStabillzation loan
'•"V
27%
27%
28%
Jf-N
Oct 1961
Mtge Bank
ASinking fund 7s of
ASinking fund 7s of
For
*
9%
9%
—
el8'/4 el8'/4
15
1
A7s
>27
J-D
—Jan 1961
bonds
AColombia
,
9'/4;
(Republic of)—
3s external s f $
-
el8%
J-J
1956
'
(Int reduced
24%
24
A-O
1951
1928
A6s of 1927
12
30%
—
J-D
Stamped pursuant to Plan A
82
24%
23'
28%
1960
Ry)
Q-J
J-J
A-O
110%
80
27%
1960
(Hukuang
108%
27
A-O
1962
Cons Munic 7s
'
27%
M-S
1961
' A7s assented
9
78%
29
M-S
AGuaranteed sink fund 6s„—.1962
Y**.'
10
—
9%
*9
•18'/a
Q-J
2008
Stamped pursuant to Plan A
(Int reduced to 2.5%)
A6s external sink fund gold
96
109%
J-J
1961
1961
assented—
105
29
12
31%
M-N
A-O
A8s
101 Va
*—
'
v
99%
92%
108%
F-A ;
1961
AGuaranteed sink fund 6s
7
8
96
F- A
1961
•——
10Q%
96
105
J-J
1959
-
12
J-J
—1957
6%s
100 VB
*27%
'
A-O
—^1962
assented———
1
--
v-'";;sxy'v
2008
Stamped pursuant to Plan A
(Int reduced to 2%).
Rio Grande do Sul (State of)—
100%
99%
A-O
Feb 1961
A6'As assented
A
99%
1
109 VB 109%
109%
M-N
Jan 1961
6'As
2.125%)
Stamped pursuant to Plan A
(Int reduced to 2.375%)
100%
15
99%
100
108% 108%
J- J
_1960
99
96
J- J
—i_Feb 1961;
Bank
»A,
46
100% 100%
A-0
assented
Mortgage
102
100
Y l
,
99%
J-J
A6s assented ——„_—1963
'
15%
10'A
(Republic)—
AExternal
100
M-N
"AExternal sinking fund 6s———1963
AChile
102
99% 100
F-A
1960
A6s assented
V
16%
12%
—
*9%
2(h ser..__196A
62
99%
•98
A-O
Sep 1961
-—_—Sep 1961
AExternal sinking fund 6s—..—1962
1
62
MS
sinking fund 6s
A6s
69
Jtf-S
'J.JLi.^1942
Jan
'1
V2Y
96
•29%
6s_..__.'„1940
102%
1954
assented
to
Stamped pursuant to Plan A
(Int reduced to 2.25%)
103
'
A6s
35
105
96
J-D
JAPoland (Rep of) gold
62
101 VB
7s——1942
f 6s.—
35
•104 y#
A-O
'
1958
AExternal loan 7'As,
61
57%
1017/a
1960
sinking fund 6s
ARy external
•
'101%
1984
assented
AExtl
57%
62
J-D
1976
sJ
48
•!
•
6%s
fund
(Int reduced
►100% 103%
'103'A
1976
f
s
"'■•■A A6s assented
u
61
M-S
1961
assented
A6s
•
62
57
F- A
—1975
AExternal sinking fund 6s„
'
60%)
57%
63'A
1977
External
* >'f53%
103
_
15%
12 Vb
96
VL-N
agree_1963
A4'As assented
1961
4s
*
—
101% 101%
A-O
.
1954
extl loan
AExternal sink
62
1950
of)
__
12 Vb
A-O
1945
(Rep of) external 7s
1959
,ANat loan extl s f 6s 1st ser.—1960
of)—
(City) 8s_„
(Rep)
62
63
62
62
3'As—
—
'■
'
1942, agree_1963
sink fund 4'As
Y
A4'As
1958
f $ bonds
s
)
1957
4'A-4'As
28
,*IZ
*104 ;
*13%
ANat loan extl s f 6s
:)
57
62
43/8-4%s
1
57 %
57
63
*62
3% external
•v'
63
62
*62
3%s Series No. 29
62
58
64
62
-.
4'A-4%s
11
'<Y
mm'
mm
62
50
45
;
48
'
61
62
61'A
f
61
62
52%
12%
APeru
'
57%*
64
*62
f
•
M-S
1957
1954
f 6%s
s
(Int reduced
•6*$.
62
*62
readj
■
*55 '
*50
'
-
—
Stamped pursuant to Plan A
62
,-i
•
APernambuco
62
67%
64
33As Series No. 28
>
67
62'A
63
3%s Series No. 25
-
61%
*62
s
7s
AStamped assented 5s__
Stamp mod 3'As ext to
Ext
61
*62
External
101 ya
*
62%
67 Vs
sink
sink fund
*.A..*-.;>v
•
Panama
83%
*62
<_
I
83%>
70
*62
s
83%
78%
62%
33As Series No. 23
3%s Series No. 24
-
83%
79
*62
External
f
s
reduced
Oslo (City)
«
>
82%
%
61%
3%s Series No, 20
3%s Series No. 21
4s
•
80
*62
:
External
64%
62
(Province
YW
V
J-J
1943
Municipal Bank extl
64'A
33As Series No. 22
Refunding
65%
65%
*62
33As Series No. 18
3%s Series No. 19
Aires
102%
101
10
—
J-J
1960
—I960
1
65
60'A
62
14
A6s stamped
External s f 4JA-4%s
f 5s
s
Norway (Kingdom of) 4'As
'65%
*62
'
33As Series No. 15
'
60%
60'A
2
*76
3%s Series No. 16
•
4
32
65%
68 '/e
3%s Series No. 13
•
60%
8
*76
33As Series No. 12
'•t
65'A
-**76
r
3%s Series No. 9
33As Series No. 10—
Buenos
101
101%
•101%
J-J.* W:
1952
(Int reduced to 2.125%)
65%
68 Va
—
Sinking fund gold 5s
Sinking fund gold 6s
external
ASec external
61
64'A
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3%s Series No. 8
A
52
4
64
65%
3%s Series No. 30
Brisbane (City) s f 5s
103
101
J-J
to Nov
(Int
59%
54
—
65
3%s Series No. 26
33As Series No. 27
102%
102
Stamped pursuant to Plan A
33As Series No. 6
3
1017/a
101'A
—
*101
-
___19(>8
AAss'td to Nov 5, 1942,
Mlnas Geraes (State)—
70
65%
3%s Series No. 17—
A-O
AAss'td to Nov 5, 1942, agree_1963
§ATreasury 6s of 1913 assent—1933
63
70
—
3%s Series No. 3
I
A-O
5, 1942, agree_1968
AAssentlng 4s of 1910—.*
1945
73%
69'A
3%s Series No. 2—
j
*101
^..1964
to Nov 5,
AAss'td
63
—
58
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3%s Series No. 5
\
102'A
97 %
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M-S
5, 1942, agree_1968
(US) extl 5s of 1899 £
1945
AAss'td
58%
—
J-D
(Int reduced to 3.375%)
1979
External $ bonds of 1944 (Plan B)—
3%s Series No. 1
!
99
101%
>'
AAssenting 4s of 1904
funding bonds of 1931 due—1951
3%s Series No.
15
93
Stamped pursuant to Plan A
1978
11_
99%
99%
A-O
1967
AAssentlng 5s of 1899
70
51%
.
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33As Series No.
99
90%
100 %
Irrigation—
Mexico
Stamped pursuant to Plan A
(Int reduced to 3.5%)
90
97%
•101%
A-O
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A
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A7s
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*69
—
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109
111
—
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4; 5.
19
99%
M-S
115%
YY
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99%
104
1
—
A-O
1957
s
Irish Free State extl
100%
107 y4
mm
57%
Stamped pursuant to Plan A
AExternal
105%
112% 112'A
Stamped pursuant to Plan A
(Int reduced to 3.5%)
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99%
98
107%
115'A
115%
102
100 SA 100%
External
§ABrazil
99%
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90
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* F-A
Republic' extl. 7s.....;...-i.-19497"
Mexican
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112%
>:
—
90
J-J
1969
(Republic) s f 6s series A
Helslngfors (City) ext 6'As___!
101
•mmm
A-O
*
1961
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108% 108%
100%
104 y4r' 104'A
112 y8 115
'
6
*113
1, 1976
Jan 1,1976 V
Jan 1, 1976
part
part paid—
A6s
101%
99
mm
II
Y:.
—
115
*113
Jan
Government—
A 7s
22 %
19%
mm
20%
Greek
28%
28%
21
mm
115
•103% 107%
28%
26%
.24
«•«»
s
French
103
0»«.
J-D
1962
22
*1007A
mmmm
F-A
1966
217A
20%
M-S
3'As
27%
mmmm
J-J
15-year 3%s
•
27%
.*20%
mtmm
J-D
1957
26
28%
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105%
25%
♦20%
A-O
20-year 3'As
Belgium external
20%
♦103
_1969
$
AEstonia
79
103%
m-y-
—
27
*25%
m>tm-
A-O
5s of '25-1955
Australia (Commonw'lth)
External 5s of 1927
17%
X
f
3s extl
81
79
2
104%
*25%
—
A-O
f 7s 3rd series—1957
s
■
26
J-J
series____i_1957
...
*25%
,
J-J
s
t>
79
1
79
mum
1945
§ AExternal
sec
79
79
1908
S AExternal
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5
A-O
1955*
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s
extl
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1948
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§AAntiquia
AExternal
96%
18
A-O
1942
l(;h; W*.
Salvador
4s extl
Agricultural Mtge Bank (Colombia)—
1st
97%
91%
*
1960
Customs Admin 5'As 2d series
5'As 1st series
El
7s
93%
6
r
'
Exchange
Foreign Govt. & Municipal
A External s.f
High
20
94%
17%
.
J-J
_1952
5'As 2d series
f
Low
94%
93
(int reduced
extended
gold
("•OA
s
Range Since
January 1
Sold
93%
J-D
1953
External* gold
4%s
11962
S A Dominican Rep Cust Ad 5'As
1942
5A 1st series 5'As of 1926
1940
§A2d series sink fund 5%s
„_1940
Wertheim & Co.
T elephone
§AExternal
Bonds
No.
F-A
-
_1977
5 A Denmark 20-year extl 6s
External
fund
<•
High
M-S
—1949
i
Stamped assented
sink
Friday's
Low
93%
M-N
1949
(Rep of) 8s serA_1951
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AGtd
or
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■
.
M-N i :
■
w.1951'
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A
Akershus
,
•'
J-D
—1953
^
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fund
!'
'
Y
•
1952
4%s
ACosta
Cuba
sink
Last
Bale Price
-
Corporate Stock
AGtd
Week's Range
Interest
Period
.»
Exchange
'i.
High
New York Cltj
Transit Unification Issue—
3 rIo
RECORD
Friday
Range Sinoe
January 1
Sold
29
ENDING APRIL II
Week's Range
Interest
Exchange
BOND
WEEK
(2021)
Teletype NY 1-971
30
THE COMMERCIAL & FINANCIAL CHRONICLE
(2022)
YORK
NEW
BOND
RECORD
RANGE FOR WEEK ENDING
York
Last
v
Period
Exchange
Stock
or
Sale Price
Friday's
Bid & Asked
Low
gAflan
Paulo (City) 8s
Stamped pursuant to Plan A
1952
*57
Stamped pursuant to Plan A
■
(Int reduced 2.5%)—-1999
A8s external
;
-.1950
J-J
*53
;
water
loan
*57
53
MS
56 %
56 %
Stamped pursuant to Plan A
(Int reduced to 2% )
—2012
A8s
ASilesia
A4 %
(Prov
9
9%
65
56%
60
50
•
9%
23
8%
65%
1
*18
J-D
JL1946
20
21
bi'A
fund
6s—•.—.I960
M-N
*130
sink
fund
6S—
1964
M-N
'26
20%
101%
5s
External
bonds
1937)—
of
External
M-N
1979
conversion
—
98*
99
23
99
96%
1
96
*84%
J-J
F-A
13
11
99
:
102
gold
$ A Chicago
&
18
21%
1st
4
13
17-/2
J-D
1947
;
101ft
M-N
*104%
J-J
*—
jfAIlis-Chalniers Mfg 2s debs
1956
2030
M-S
American Telephone & Telegraph Co.—
3s conv debentures
s
1956
;/ 2% s.i debentures
—
1980
M-S
124
F-A
102
1975
A-O
102%
debentures——
1986
3-J
// 2%s conv debentures—
Amer Tobacco Co deb 3s-
-.-—1961
2%s debentures
2%s
3s
A
————
debentures^
Anglo-Chilean
Ann
Arbor
Atchison
100%
841
113%
119%
106
105% 106%
45
105%
1989
j-j
*122
1949
A-O
4
97%
99%
Alton
95%
118%
M-N
Atlantic Coast 1st
'%■
M-S
General
unified
4"/is
July 1952
A—
—j.uo4
Atlantic & Danville Ry 1st 4s
Second mortgage 4s
95%
3.
94
95 %
4%s
series
106%
J-D
1
J-J
J-J
22%
-1966
J-J
35
22%
23
Stamped
modified
July 1948
mtge gold, (int
Oct 1 1946) due
4r/o
at
Ref & gen
to
'
C
ser
Dec 1
(int at
1946)
_1995
to
J-D
59%
69%
%
1
.—Feb
,
ref
4s
4s
1951
22%
28%
102%
-
103%'
Boston & Maine
1st
M
5s
1st 5s
series
A C
57%
,1955
84%
—1961 •'
1960
July 1970
Bklyn Union El 1st gold 5s_
Bklyn Union Gas 6s series A
«•;
60%
57
73
58
64%
4%s__Jan 1 1999
Apr
77%
77
78%
207
77
83%
3%S
89
mtge 2%s
gold
90%
91%
4
90%
96
96%
97
9
95"%
98%
97%
97%
20
97%
*100
Wab
„
,
~3
10
98%
100%
103%
101%
22
10
100
15
*101
100
129
98%
coll
38
89%
D
3%s
1st
f 5s
s
5y"'/8
66
40%
12
38
(stamped
Columbus
;
&
&
66%
60
64
1934
A-O
32%
32
33%
56
32
39
Ry
./ '
'
101%
•
103
32
105
106
*105% 106
*106%
Crucible
J-J
120%
1969
J-J
112%
1970
J-D
113%
1955
J-J
1956
A-O
4%s.
1951
F-A
106 :
A
,
106%
Steel
Northern
RR
107%
58%
26
573/4
58%
1063% 1063/4
106%
*103
110% 110%
*114%
—
3
--
6
6
108%
109%
5
108%
108%
30
105 Vz
108
103% 103%
1
102%
103 7/a
100% 100%
102% 102%
103% 103 Vz
102%
4s__._1954
21
100%
*__
J-J
J-J
1956
mtge
debs
34
:i
J-J
2%s—1975
.1965
i
109%
—
~
106% 106 %
106%
100%
1955
deb
63 %
106%
103%
IIOV2
1083/8 108%
103
A-O
J-J
t
55%
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103%
109
106%
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4
34%
*7
102
102
103%
103%
104%
35%
33
33% 34%
105% 106%
J-J
9
43
34
42%
3
33%
41%
30
104%
106%
103
104
9
100%
101%
61
63%
n
48%
52 Vi
—
119
17
113 Vt 113%
3
M-N
1842
JD
5%s
1952
receipts..
*62
50
50
64
50 Vz
—
B
A deposit
—
•
J-J
__
_
*83
40
1946
"I
J-D
—1946
J-D
rets
deposit rets
120%
112% 112%
1966
1st
Ry
receipts
1st 5s gold
ser
ser
mtge 3%s
101% 101%
101%
*44%
*45
86
40%
83
"4
86%
40
44%
43%
46
43%
46 %
46%
45%
113
11
AGs
1st
112%
,
114%
D
113%
113%
Dayton Pr & Lt 1st mtge 2%s_:
3%s series B
119% 119%-:
.
106-%
106%
21
120% 120%
A-O
1957
4%s-
103%
}"rV;
*108% 109%
1962
107%
105%
A-O
1958
3s
109
106
.
York—
.1956
1st
107
42
33
A-O
4s_._
Baking
7
106%
105%
F-A
4s..
Power
Continental
108'%
J-J
1943
104
108%
97
7
105% 105%
94
A7%s
5
119
119%
Dayton Union Ry
118% 118%
7
117%
119%
Deere
111 % 118%
9
lllVa
112%*
Delaware
33
1951
103%
105'/a 105%
F-A
.1961
95
106
A-O
M-S
3%s—...1965
80%
109%
106%
—
107
•
-
72%
Q9
108%
108
F-A
1977
non-conv
A Debenture
Consumers
—
07
ADepoeit
page
.
debentures.
ADebenture
_
82%
106
M-N
t
98%
73%
—
41
*103
*"I
M-S
1970
92
■—
A-O
—1955
debentures^.
A Cuba
see
4s—1948
El,3%s
debentures
fAConsol
i
1
7
72%
96%
-
1st extl gold
Corp
72%
—
—
*102%
112%
105
—
75
75%
1083/4 109%
103%
M-N
8
92%
115
*93%
72 Va
J-J
1^80
Cigar
73%
M-N
debs—1971
3%s
72
*__
743/4
J-J
1977
Sou Ohio
92%
92%
J-D
.1991
Ry & L 1st & ref 4%s
River Pwr s f 3%s A
ADeposit
gold
-
J-J
3%s
$ACuba
For footnotes
*104% 105
J-D
1977
1973
Ry—
Elec
3%s
64%
'
112%
102%
88
modified)
3%s
64%
v
76%
99
1st mtge 3s Series L
Conn
i 103
M-N
M-N
34%
105
82
4s____1c,o0
Commonwealth Edison Co—
44
1957
A-O
i-4 0 CO ss
87
Columbus & Tol ls.t extl 4s
to.
qe:
20
7*1
*__
gtd_^
Southern
&
Columbus & H V
96%
91%
at
96%
—
j-d
1970
Consolidated Edison of New
j-j
—
.—1961
1st
series B
Columbia Gas
56%
30
103% 103%
~A-0
73
98
•
103
Guaranteed
24%
99
f 4%s series C
s
4%s
100
*106
103%
14
99
4s
gold
3s
104
4%s.
34%
25
*113%
gtd
Short Line
Colorado
104
86
6
1st
tr
100%
gold
1073/4
24%
A-O
A-O
A-O
1st
96%
58 %
38
Div
M
1st
'
88%
58%
M-N
gold
108 %
24%
F'A
99%*
100 V*
*92
F-A
Guaranteed
105 %
108%
105%
10
r1^50
103%
103% 103%
103% 103%
/
■
M-N
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103
3
24%
gtd 4%s__-,_Ll961
Cleve Union Term gtd 5%s,
.1972
98%
128
&
Div
Series
Cleve
104
98%
L
102 "A
5s
4
20
247/a
1993
29
gold
105%
105
105%
J-D
E._
Conn
Guaranteed
107
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1993
series
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gold
106
F-A
F-A
B
4%s
impt
107%
Guaranteed
85
11
A-O
Cleveland & Pittsburgh RR—
Series C 3%s gtd
.-—.__1948
100
128%
128
r-
r-
J-D
80
^.1966
4s
series
5s
&
Cleveland Elec Ilium
"
1974
88
mtge gtd 3%s series E_.—.1969
ser G
—1974
1st
93%
4
1063/e 106%
J-J
1957
100
15
A-O
Cin
97
100
3-J
.1976
84
98
107% 107%
81
1975
General
91%
A-O
1960
88%
81
—
1
99
88
J-J
.1952
27%
105
—
99
3-D
1043/4 1043/4
Cine Gas & Elec
101'%
Calif Oregon Power 3%s
,
17%
102%
—
—
*71
106%
Eldgs 5s gtd
148
*98%
__
M-N
lQOft
Term
20%
M-S
General
77%
z_
M-S
3.955
17%
*102%
107%
4
.-.1952
53%
57%
107
3
;
51%
48%
J-J
2
__
53%
119
J-D
1952
4s__
conv
103
deposit
44
J-J
107% 107%
of
78%
559
48%
48%
J-J
100ft 100 ft
5s
80%
51%
77%
J-D
1951
3-J
Certificates
68
72%
78%
A-O
1951
2%-'4%s—
101%
245
14
64
75
J-J
.1934
i
100%
59
63
63%
F-A
Cleve Cin Chic & St Louis Ry—
14
^
4
101% 101%
J-J
z
series A
M-S
Consolidated
1983
1988
M-N
Bush Terminal 1st 4s
Bush
883/4
1994
59
'
A
105"%
54%
1976
to May l 1947) due
tBurlington Cedar Rap & Nor—
J A 1st & Coll 5s__
93
82%
1969
3%
45%
93'%
105%
1947
(interest
37 %
5
60
61
mtge 2%s
modified
66 Va
8
93%
112
f debentures
Stamped
57
38
244
52%
73%
43%
466
20
F-A
Buffalo Niagara El 1st mtge 2%s__1975
Buffalo Rochester & Pgh Ry—
56%
Vz,
78%
103%
M-N
1950
45
105% 105%
18%
1st
'
.
93
57%
City Ice & Fuel 2%s debs
City Investing Co 4s debs...
92%
128
/
M-N
,
46%
84%
10'5%
M-S
74.
69%
77%
— —
A-O
J-J
4 A Boston & N Y Air L 1st 4s_„.1955
s
j
97 V*
.
M-N
—1967
II
mtge 4s series RR
Ainc mtge 4%s ser A
Gen
101
96%
f'.,.
J-J
1970
1st
4s
94%
91%
--
78
A-O
>
88
54%
1st & ref 4%s series D_
_____1962
§fAChilds Co deb 5s part paid-.i_.1943
118
46%
J-J
80
82%
Chic Terre Haute & S'eastern Ry—
1st & ref M 2%-4%s
—1994
101
147
62
43%
1976
1st gold 4%s series JJ__
^
95%
82
58
43%
J-J
;.r
26
54%
41
59
59 Va
.
88%
88
82%
Memphis Div 1st gold 4s
35
j-j
M-N
St
1961
J„
ser
72
f'57
3-J
Creek Extension 1st 3%s_„1951
Telephone of Pa 5s series C—1960
Beneficial Indus Loan 2%s
Bethlehem Steel Corp—
Cons mtge 2%s ser I
mtge 2%s
62%
69%
59%
M-N
——1951
stamped
Cons
57%
;
42%
140
93%
37%
1952
Ref
Beech
Bell
t
84 %
Cincinnati Union Terminal—
M-S
—
Con
98
22%
138
__
Apr
109%
105%
,27
101
85%
Apr
Gold
108
99%
104
100 %
4
107%
2
99
F-A
-
1960
1980
S'west Div 1st M (int" at 3 % Vo
to Jan 1 1947) due
1950
Toledo Cin Div ref 4s A„
.1959
Bangor & Aroostook RR—
?
98%
,
M-S
1996
due___
35
*_.
j-j
nan 1
106
to
Sep 1 1946) due
98
A__Jan 1 2019
ser
inc
conv
§ A Secured 4%s
v-
Pgh L E & W Va System—
Ref 4s series A
114%
102
37%
J-J
1st mtge 2%s
2000
...
112%
6
45%
46%
AConv gold 4%S_
..I960
Chicago St L & New Orleans 5s—1951
6
■f
98
V,
-J-D
1995
5
85
RR—
B
ser
107
1%%
Ref & gen ser D (int at
V/o
Sep l 1946) due
Ref & gen ser F (int at 1%
A Conv
A-O
to
due......
114%
87
j-j
10'14
Pac
106
to
Ref & gen ser A (int at 1%
Dec l 1946) due—
112%
32%
*84
j-j
1956
§ADebentures 5s part paid
§ A Choctaw Ok & Gulf cons 5s
July 1948
_
inc
&
119%
bonds—
1st
9
Chic & West Indiana
98%
46
40%
Chicago Union Station—<_
1st mtge 3 %s series Fz
1963
1st mtge 2%s ser G___
1963
A-O
37
114%
98%
*138%
J-J
1983
A
ser
416%
B
4s——
Paul
4s
mtge
Income
gold
32%
124
50
98%
M-N
^uu3
A Certificates
of deposit
§ARefunding gold 4s_.^
Baltimore & Ohio RR—
1
St
mt<re
118
11
103% 103%
,
130
124
102% 102%
M-N
partial redemption
1927
^Chicago Rock Isld & Pacific Ry—
i
mtge
J-J
107%
126%
*
114% 114%
98%
—1985
132
35
38%
114%
F-A
F-A
.1997
(conv)
)jl29
25
108% 108%
35
114
1970
#16%
%
."rk
;
114%
1985
8
106% 106%
108%
1948
1948
Atlantic Refining 2%s debs
*107
39
F-A
1977
B
—
118% 119%
39%
J-J
25%
5f '
1st
ref 2s
AGeneral 4s
M-N
4s
RR
1st mtge 2s ssr B
$§AChicago Railways 1st 5s stpd
Topeka & Santa Fe-^
cons
4s
__
Chicago & North Western Ry—
106%
99
20
104%
107
3%s ser B
Milw
2nd
99
—
102%
*128%
conv
97%
131% 131%
20
j-j
mtge 4%s inc
*118%
51%
102% 103%
103%
1989
4%s
Chic
75
A-O
131%
107
45
gold 4s
cons
1st
-1—-1969
Nov
5
105%)
106%
143%
A 1st mtge 4s inc ser A
A 2d mtge 4%s inc ser A
Chicago Ind & Sou 50-year 4s
105%
A-O
45
104
105%
Gen
Q-J
45
,
105 Vz
103%
104
199&
5
140%
133%
;sij
—
j-j
26
107%
9
103%
104% 105%
4s
45
104%
26
106
15
101
99
—
"3
106% 106%
104%
F-A
107
104
24
124
105%
Jan
107
40
36%
105% 106%
100%
A-O
1967
a-O
26
105% 106
10
114
1995
Adjustment gold 4s——July 1 1995
./■ Stamped 4s
July 1 1995
Atlanta & Charlotte Air Line Ry—
/ "1st mortgage 3 % s
#
1963
I
101%
108%
114%
deb-
26
34%
iChicago Ind & Louisville Ry—
100 %
115
*32 J
31
143% 143%
83
"
85
106
3nq%
3-D
General 4s^_-_-—i--.
.
1st mtge
104%
107%
53
99%
36%
'
106
50
99%
41
35
F-A
101% 102
99%
86
31
M-S
108%
AUU
4
t/d%
124%
124
75
36
M-N
102% 102%
'
109 "/a
1
38
*
F-A
„
Chicago & Erie 1st gold 5s
1982
Chicago Gt West 1st 4s series A
1988
AGen inc mtge 4%s
Jan 1 2038
1962
—
Nitrate
1st gold
98
107% 108%
107%
100 i I
104
—
*100% 101
M-S
.'Am & Foreign Pow deb 5s
108
75
36
199'J
108%
107% 107%
A-O
27
1992
104
*306% 307%
A-O
1998
~i
109% 109%
66%
26
1996
ref mtge 3%s
1st & ref mtge 2%s
101ft
100%
^Alleghany & West 1st gtd 48
.r.
100%
*100
3%s
1967
Power 1st mtge 3%s
—1972
Albany As Susquehanna RR 4^s—1975
Alabama
17%
59%
Chicago & Eastern 111 RR—
3
101ft 101ft
17%.
12
3%s D
AGen mtge inc
M-S
Coll trust 4s of 1907
Alabama Great Southern
■
67%
12%
*27
—1953
ref
54 V*
30
3%s series E
1st &
RAILROAD AND INDUSTRIAL COMPANIES
Adams Express coll tr gold 4s—.1948
j-j
1974
General 4s
&
62
14%
13%
35
1974
4%s
102%-(
■.75
1987
3s
85%
37
Chicago Burlington & Quincy RR—
90
1
13
109%
.1987
2d consol gold
-
84%
18
13
F-A
100%
100%
'
90
18
j-j
81
12
*23
j-j
105%
104 %.
73
57%
12%
78
103%
59%
(partial redemption)~_1942
Ref & impt M
R & A Div 1st
100
95%
.
99% 100%
100'/a
F-A
1958
—
98%
*99%
J-D
—1958
(City) external 7s.
A4'/2s assented
General
54%
108%
100%
20
87
*—
A-O
1361
1987
1987
Power
stamp
54%
12%
j.j
1966
4s
Y
85%
,'v
107
72%
73
j-d
1946
Light 3%s
Ref & impt mtge
98
M-N
3% -4 % -4 fts extl conv——
1978
4-41/4.41/25 extl readjustment—1978
3%s extl readjustment---—:
1984
Warsaw
130
•
1979
readjustment
130
—
4s~.1951
Champion Paper & Fibre deb 3s—1965
Chesapeake & Ohio Ry—
*130
($
a-q
3
.
73
High
102%
108
63
105% 105%
87
Low
No.
„
70%
*104%
A-O
J4%% to Aug 1 1949)
§ A Central RR & Banking Co
10%
16
N
105%
Range Since
January 1
Sold
High
103%
*—
M-N
1959
.1959
B
Central Pacific. 1st ref gtd gold 4s_1949
1st & ref series A
*130
sink
1945
A4s registered
80%
99%
16%
*9.9% 101
F-A
A External
3%s-4%%
Illinois
AGeneral
,10%
,9
«%
*14
J- 3
"
"
5s
fACent New Eng 1st gtd 4s
lACentral of N J gen gold 5s
A5s registered—
55
85
1st gold 4s
AChatt Div pur money gold
SAMobilc Div 1st gold 5s
59
55
25
r
AExternal
A
F-A
ARef & gen 5%s series
ARef & gen 5s series C
8%
1957
County Council 3'/2s
AUruguay (Republic) extl 3s
Nov 1945
67
6
79%
"
M-N
J-D
assented
s
Sydii4y
J-d
62
•»*»
90'/2
78 %
M-N
1953
7s__
extl
1943
^Central of Georgia Ry—
5 A 1st mtge 5s
Bonds
108% 108%
F-a
ACent Branch U P
68
53
55
90%
1958
of)
i960
41
56%
Friday's
103
F-A
SAConsol gold
—
103%
A-O
64%
59
*49
A-O
(Kingdom)—
1962 /
1962
extl—
series B sec
1981
19G5
54
*53
or
Bid & Asked
MS
1st gtd gold 4s
Corp 3s debs
Celotex Corp 3%$ debs
61
"2
F-A
.1965
Adir
&
Central
external—.
secured
A 7s
*50
,
A-O
Stamped pursuant to Plan A
(Int reduced to 3.5%):
-1018
Serbs Croats & Slovenes
—
A-0
—-1940
f 7s—
s
Cart
31%
__
Sale Price
deb stk perpetual—
Celanese
Central
3-J
J-J
1968
dollar loan
SASecured
Ry 4%
36
60
1956
—
J-J
J -J
Stamped pursuant to Plan A
(Int reduced to 2.25%)——2004
A6s extl
Pac
42
70
1999
Stamped pursuant to Plan A
(Int reduced 2.5%)—
A7s extl
Can
64
37
J-J
2012
Last
Period
Low
36
—
Week's Range
Interest
Exchange
—
*30
—1936
Stamped pursuant to Plan A
(Int reduced to 2%)___
8s
Stock
L
50
(State)
40
York
32
*37
Paulo
New
High
38
10
*32
M-N
SASan
'
40
Low
No.
Friday
BONDS
Range Since
January 1
Sold
Carolina Clinch & Ohio 4s
A6%s extl secured
:
Bonds
High
39%
M-tf
reduced to 2.375»
2001
s f
-.--—1957
(Int
•
*
APRIL 11
Week's Range
Friday
Interest
BONDS
New
v
Monday, April 14, 1947
4
&
Co
&
2%s
debs....
Hudson 4s extended
1975
a-o
1965
J-D
—.1965
.1963
a-o
M-N
104 Va
__
105
104
*103%
105
95%
104%
51
103
104%
12
104
105
—
105
96%
17
94 %
97%
V
t
.Volume 165
Number 4585
THE COMMERCIAL &
FINANCIAL CHRONICLE
NEW
YORK
BOND
RECORD
RANGE FOR WEEK
ENDING APRIL 11
Y
Last
Period
Sale Price
&
West RR
Bonds
Bid & Asked
Sold
High
Range Since
January 1
NO.:
Low
Friday!
High
Co—
BONDS
New
Lack
& Western div
1st & rel M 5s ser C
A Income
mtge due
1973
M-N
1993
M- N
Morris & Essex division
Coll tr 4-6s
—May 1 2042
Delaware Power & Light 3s
1973
IDenver Si Rio Grande RR—
5 A 1st consol 4s
§ A Consol
gold
1938
4%s
AGeneral
57%
1993
J-J
88
Apr
55%
1963
Gen & ref mtge 3y2s series
G—1966
Gen Si ref 3s series II
1970
Detroit Si Mackinac 1st lien
gold 4s_1995
ASecond gold 4s__
Detroit Term & Tunnel 4y2S
Det Tol & Ironton RR
2%
Dow Chemical 2.35s
59%
'
4%,
3%
50%
88
A-O
105%
108%
108% 109
105% 106%
65%
65%
1995
J-D
M-N
109 Vb
109%
M-S
*91%
*52%
1961
J-J
18 ADul Sou Shore Si Atl
gold 5s—1937
J-J
Duquesne Light 1st M
M-N
3s
1965
100%
;
105%
58
or
.1976
M-S
-1961
J-J
St 2%a_
Si
Jones & Laughlin Steel
83
82%
50%
72
/
88
103%
100% 100%
105%
105
104% 104y4
107%
> 62%
66%
52%
A-O
*1041%
1987
J-J
*123
1961
J-J
1961
J-J
1961
J-J
-1961
110%
~5
31
105%
105
105%
104'/a
104%
104 Vb 104%
1041/2
41
103%
*53
104%
122
126
122
60
68%
59
*107
•
105
104
—.
__
107
*112 Vg
198
1121/8
—
„
112%
102%
102%
II
-1997
A-O
.1964
A-O
.1959
M-S
.1997
J-D
.1997
J-D
98
98
98
1
98
-1975
Dec
80
79%
81
24
79
.1970
A-O
20
99%
ctfs
*186
180
186
17
104%
105%
2%
1
2%
37/g
99% 100%
105
35
99%
103%
104% 105
2%
-
101 y8
31%
105% 106
;
lAKreuger & Toll 5s
94%
100%
105
~2
■
..
J-J
Plain
4%s unguaranteed
Kings County El L & P 6s
Koppers Co 1st mtge 3s__
54
92
104
A-O
!
109%
2
■•4
104
17
105%
1975
——_
20
*104
Kentucky Central gold 4s
Kentucky & Ind Term 4%8
Stamped
108%
104
1950
Kansas City Terminal Ry 2%8—..1974
108%
106 y4
35%
93
102%
4
105 y4
♦
J-D
59%
3
U
•:*
High
103
103% 103%
A-O
89%
55%
16
V
Low
82%
*104% 105%
A-O
'
v;..-
January 1
No.
26
Kanawha & Mich 1st gtd gold 4a
1990
Kansas City Power & Light 2%s—1970
60%
100
Range Since
Sold
84
Kansas City Southern Ry 1st 3s
!' 1st mtge 4s ser A
8'A
2
Bonds
High
K
8'A
3%
56
*33 y2
Friday's
Bid & Asked
C8y4
193
92%
B--1976
Week's Range
Last
•
Sale Price
J-D
66%
3%
108% 108%
109
,
.1989
Jersey Central Pow
62%
57%
16
57%
M-S
■/;:, :
Period
James Frankl & Clear 1st 4s
58%
34
89
55%
1961
ser
;
.
51
J-D
J-D
90
53%
03
3%
50%
-
Interest
Exchange
108//109%
•4
3%:;
Stock
•
53
2018
Detroit Edison 4s series P
36
59
4%
A-O
A wi
ser
80
53
59 y4
57%
J-J
F-A
mtge 4y2s
6
'109
J-J
F-A
AAssented
ARef Si impt 5s series B
1st mtge 3-4s ser A w i_
*80
57 y2
York
Low
57 y»
583/4
1936
f 5s
s
80
A-0
1955
^Denver Sc Rio Grande Western RR—
Inc
Week's Range
or
Friday s
interest
Low
Delaware, Lack
N
Friday
BONDS
York Stock Exchange
New
36
107%
Lake Sh & Mich Sou gold 3%0—
3Vas registered-
"99%'
:
991/2
Lautaro Nitrate Co Ltd—
East Tenn Va & Ga Div 1st
5s
Ed El 111 (NY) 1st cons
gold 5s
Elgin Joliet & East Ry 3yiS
El Paso & S W 1st 5s
5s
1950
M-N
*121
J-J
*155%
1970
MS
105%
*105% 106%
inc
4y2S
1st cons 2s
ser
1st
mtge income reg
Lehigh Coal & Navigation Co—
S F mtge 3%s ser A
121
106 %
—
A-O
108
108
1965
108
A-O
115
111,
113
2015
J-J
71 %
71%
721/4
71
7
102
A-O
1990
J-J
*901/2
91
—2000
J-J
89%
90
10
991/2
991/2
10
H
102
1953
MS
1971
mtge 3yaS—
M-S
102
5s
81
94 Va
89ya
99%
5s
100y4
1051/2
1959
deposit
J-D
1974
A 1st & ref 5s series
A__
A Certificates of
M-N
MS
IO51/4 105%
23
60
61%
28
Francisco Sugar coll trust 6s
1956
M-N
105'/2
1051/2 1051/2
~3
104%
65%
106
4s
Gas Si Elec of
Berg Co
cons 5s:
1949'
General Realty Si Utilities
Corp—
A
4s conv inc debs
—1969
Goodrich
(B F) Co 1st mtge
2%S-1965
Grays Point Term 1st gtd 5s
—1947
Great Northern Ry Co—
General
5%s series B—
General 5s series C—;
General .4%s series D
4«/2s
series
1952
78
M-N
*1021/2 103
J-D
77
*1021%
J-J
133
132'/2 133
17
1978
J-J
128% 128%
-.4
126%
2
105 M
102
J-J
105
J-J
2000
32
J-J
104
5
103
115%
117%
131
1982
J-J
98
98
~5
96%
90
90
12
89
—1961
J-J
971/4
971/2
18
97
99
Feb
64'/a
64%
5
62
Feb
64%
7%
7%
17
7%
103% 103%
3
102 Va
101
B w i
1959
A-O
1975
J-J
2015
J-J
—1969
debentures
79
80
1937
M-N
ISAHousatonic Ry cons
gold 5s
Household Finance
Corp 2%s
1970
Hudson Coal 1st s f 5s
series A—1962
Hudson Co Gas 1st
gold 5s
—1949
Hudson & Manhattan 1st 5s A
1957
A Ad
J income 5s
Feb
1957
1st & ref M 2%s
ser
4s
17
99%
61%
100%
—.
J-J
102
J-D
84%
M-N
*80
81%
109
84%
109
F-A
58%
58%
58%
A-O
20
18
20
105
*102
A-O
1951
*101
F-A
96
102
81
J-D
98 «/2
98 va
103 Va
111%
112
111
A-O
55
J-J
J-J
10
109
83
53
* i
♦
18
23%
19
102%
'
95%
102
101%
J-J
1950
88%
8
97%
101%
17
96%
100%
99%
-
95
102
601/4
95'/2
33
1031/8
18
81%
86
1988
J-D
International Great Northern RR—
1952
July 1952
J-/
A-O
1956
J-J
1956
A-O
lo*7*
J-J
100%
78%
104%
-
705
103%
105%
34
-V./'
102 Vb
21
.
106y2
101
26 %
*'V.
—
-.
—
941/2
102%
//
4
57%
'
103%
93%
13
95
109%
:«««.•
111
111
57%
49
series
5s
lien
56%
G—i
98%
21
98
89%
90
34
88
96
74
76%
26
74
85%
78
781/4
7
78
86%
A-O
65%
65%
671/3
36
65%
82%
F-A
74
74
771/8
25
74
85
27
27
B
300
27
39%
73
73
77%
192
73
.85 v:
73
73
77'/a
74
73
84%
M-N
21
M-S
2
.97
100
6
97
241/a
169
73%
73%
73%
84%
731/4
75. V-,.;;/
75%
3
73%
126
73%
85
M-S
91%
97%
101%
99
41
87%
891/2
45
83
56%
103
101%
91%
85%
92%
62%'
M-S
100%
M-N
—
57%
60%
68%
M-N
t-
102%
*102% 103
69
67
4
;
103
103%
57
%,' . 63
72%
68
64%
45
61%
100% 100%
5
99 Vt
101%
100%
100 y2
'G2%
*101
—
68
53
106
106%
8
M-N
98'%
99%
104 y4
106%
.
100
101
105%
•-.101
*105%
97%.
103%
105 7
106%
J-D
1945
1945
J-J
*76
J-J
74
.1952
J-D
108%
107% 108%
107%
M-N
124
123%
124%
108
109
—
77%
76
84
74
73
81%
A.
124
124%
1st 4s—
F-A
*__
New Jersey P Si L 1st mtge 3s
New Orleans Great Nor 5s A
1974
M-S
109
109
N J Junction
101%
RR gtd
98
New Orleans Term 1st gtd 4s
INew Orleans
34
55%
65%
21%
28
20
30
22
51
59%
54
1
52
59%
IO41/4 106
116
99%
106
99%
103
101%
JANon-cum
5s
inc 5s
5s
of
*102 %
J-J
*105
J-J
J-J
Mexico Ry—
series A
1935
deposit
—.—
A-O
1956
F-A
103r
A-O
—1954
series B
ACertificates
A 1st
1983
1952
1953
—
102%
j. ;
105
104%
106
103%
106
103% 104%
106%
Texas &
ACertificates
A 1st
.1961
4%s
97%
58%
109'A
110
85%
101%
100%
16
103% 104%
A-O
1986
82%
98%
99%
98%
J-D
F-A
1948
gtd 5s
New England Tel & Tel 5s
1st gtd 4%s series B—
9
53%
__
59%
M-N
78
106
100%
1954
tANaugatuck RR 1st gold 4s
Consol Gas cons 5s
N O & N E 1st ref & imp
100% 100
—
J-D
68
105 5/b
100%
98%
20
*102%
*100
M-N
2<
68
*105% —
1865
1986
Products 2%s debs_1970
1st mtge 3s
Newark
13
98
•w
J-J
St Louis—
3s ser B
ItANew England RR
t A Consol gtd 4s
53
!;■> 54
1st mtge
National Steel
95%
68
F-A
1966
1951
1958
2000
21
N
Nashville Chattanooga &
National Dairy
103
32
21
A-O
F-A
1949
1980
1981
1955
Constr M 4%s series B
1955
Mountain States Tel & Tel 2%s—1986
Mutual Fuel Gas 1st gtd 5s
1947
30%
M-S
.M-N
100
97%
series
ACertificates
of
79
*76%
88'/a
*—
deposit
C
of
'
89%
78
84%
53
100%
95J/4
74
A
series
58%
86%
J-J
bold 4s—1991
Monongahela Ry 3%s series
5s ext
Morrell (John) & Co 3s debs
Morris & Essex 1st gtd 31/28
Montreal Tramways
5s
7
J-J
1965
1975
1977
1978
5%s
Moh'k & Malone 1st gtd
M
49
43
•
& ref 5s series I—
Constr
44
87%
J-J
Jan 1967
gold 5s series H
&
A 1st
-
55
108%
■120
106
D
4s
ref
93
53%
86'/4
1962
4V2s series
ref 5s series F
&
97
93
93
54
87%
1978
—1962
A
series B
4s
lien
Prior
93
J-D
100 %
98%
*—
M-N
1952
100%
108
*101% 104%
J-J
(Alnternat Hydro El deb 6s__—1944
102
95
100%
101'/a 101%
,
J-J
Indianapolis Union Ry Co—
71
981/2
82%
J-D
J-D
1970
93
RR—
ACum adjust 5s series A
^Missouri Pacific RR Co—
A 1st & ref 5s series A
105%
71
*101
1963
102
90%
J-J
J-J
1990
ser
A 1st
102
*1031/8 104
J-D
99 Vt
/'
Jan 1971
Jan 1991
40-year
63%
110
*101
——
1963
■
.
A
mtge 4s inc ser A
Prior
86%
109%
—
1963
71%
4
103
*93
89 VB
'971/2 97%
*98'/2 102
J-J
HI Cent and Chic St L & N
O—
Joint 1st ref 5s series A
•
77%
17
15
106% 106%
*102%
102 y4
'
97
F-A
F-A
1951
*72% 100
M-N
M-S
86%
79
*98%
J-J
1951
96%
\
102 4
t.
76%
M-N
100%
23
*107% 109
J-J
1951
1st gold 4s
For footnotes see
page 33
108%
51
:■
1:
91%
J-J
.
gold 3%s
1952
& impt 4%s series C
1979
Michigan Cons Gas 1st mtge 3%8-1969
t§AMidland of N J 1st ext 5s
1940
36
100 »/2
100
J-J
Springfield Div 1st gold 3%s
Int Rys Cent Amer 1st f>« B
International Tel & Tel 4'/is
107%
107
13
100
91
*100%
Missouri-Kansas-Texas
100
971/2
M-N
M-N
100
M-N
M-S
i
3%s
139%
*70
M-N
J-D
/
1951
Jack Lans & Sag
(Chic)
139%
105
MS
1953
76
1954
*221/3
A 1st & ref 5s series
105
1952
J-D
F-A
Side El
~1
*101%
1966
series C
105%
106%
96%
ntiVriu
1960
Mo Kansas & Texas 1st 4s
*101
1951
5s
104%
vt
102
4s„1938
A 1st
J-J
St Louis Div Si Term
gold 3s
Gold 3%s
gold
M-N
10
*ioiya
102%
86'A
101% 102
A-O
1950
1st gold 3s
1951
Louisville Div & Term
gold 3%s_1953
Omaha Div 1st gold 3s
1st
96%
*99*
.
104
115%
$1
108% 108%
A-O
AGen
139% 139%
1955
Cairo Bridge gold 4s
A
108%
M-N
100%
J-J
1955
A
A-O
1st
101%
11
*102
J-J
Litchfield Div
series
104
103%
113%
.'
v:r/•
J-D
AConv gold
1981
-1952
—
40-year 4%s
6s
116
103%
'v:Cr6
104% 1041/2
106% 106%
M-S
Ref
72%
15
1951
Collateral trust gold 4s
Refunding 5s
A 1st
.;
so
113%
I;
128 Vb
—
--
103% 103%
*103% 105
—1966
Michigan Central—
113
1951
AAdjustment 6s series A
:/
*1131/2114%-
A-O
coll 4s ser B
103
78
66%
100
64'/2
1951
A 1st 5s series B
72%
Minn St Paul & Sault Ste Marie—
J-J
1951
1st gold 3y2s
Extended 1st gold 3y2S
1st gold 3s
sterling—.
Collateral trust gold 4s
C
52%'
44
128
M-S
.2003
G
,
2
113% 113%
*U8
103%
M-S
ISAMet West
I
Illinois Bell Telep 2%s
series A
Illinois Central RR—
ser
M-S
A-O
AGeneral
imp 2%s
M-N
43 1
M-S
—2003
104%
V
Ref &
113%
48
39%
45%
v
38
J.'
—
F-A
Metropolitan Edison 1st mtge 2%s_1974
Metrop Wat Sew & Drain 5 '/2s
1950
86%
101%
100
64%
M-N
M-S
Ind 111 & Iowa 1st
gold 4s
A-O
1966
series F—
1st mtge Si
9
100% 101'/2
A-O
Hackensack Water 1st
mtge 28/eS—1970
Hocking Valley Ry 1st 4y2s
1999
Illinois Terminal Ry 4a ser A
72% •'
♦127%
1963
-
,
46
72%
Mead Corp 1st mtge 3s
*1021/4 104%
79
2044
1976
1st & ref 4%s series C
1st ref mtge 4s ser D
35%
41 '
—
1949
1st mtge 4%s Inc
Registered
16
35
44
Manati Sugar 4s sink fund—Feb 11957
AManila RR (Southern Lines) 48—1959
H
Western Lines
361/4 &
A-O
,45
42%
42%
.
A-O
,
82
37
128
39%
41
*--
M-N
76
70%
M
91
Gulf States Util 1st M
2%s
Refunding 4s
Purchased lines 3%s
38%
1951
5s_
Maine Central RR 4%s ser A
98%
J-J
Gulf Mobile & Ohio
4s series B
Gen mtge inc 5s series
A
1st & ref 3%s series D
gold
2
35%
■
67
12
133
——2010
—
Greyhound Corp 3s debs—
1st
41%
6t Louis Div 2d gold 38—.—. .-1980
Atl Knox & Cine Div 4s——.—1955
104%
1977
-1990
AGreen Bay tz West deb
ctfs A—,
A Debentures
ctfs B
v
M-N
87
104%
101
2003
70
37
87
84-
7
,,.-72
72
87
85%
'V— '
..
84%
67%
37
106%
3o
•67%
M-N
129
105%
103% 1041/8
•
F-A
J-J
~2
87
84%
101%
86%
85%
85%
100%
100'A
V
*84iA
2003
-
Co deb
(P)
85%
F-A
2003
—
1st & ref M 3%s
,102% 103 i/a
101% 101 y*
115% 116
...
L
Louisville Gas & Elec 3y2S
Louisville & Nashtdlle RR—
82
——1973
Q
ser
v
116
E
Gen mtge inc 4s
78
3s
105V2 105%
—
J-J
—
Gen mtge 3y»s ser N
Gen mtge 3yeS ser O
Gen mtge 2%s ser P
Gen mtge 25/as ser
Gen mtge 2 Vis ser R
*1051/2
M-S
stamped
Lorillard
ioif
J-D
2003
5s stamped modified
2003
Lehigh Valley Terminal Ry ext 50.1951
1965
Lexington & Eastern Ry 1st 5s.
1951
Liggett Si Myers Tobacco 5s...
1962
Little Miami gen 4s series A—
1949
Long Island unified 4s
Guaranteed ref gold 4s_:
1949
721/2
60%
105
—
registered
stamped modified
4%s registered
1954 >
—1950
Lehigh Valley N Y 4%s ext
Lehigh Valley RR—
4s stamped modified
102%
60
88
101%
100%
~9
1011/4101%
*87ys
.1974
Leh Val Harbor Term gtd 5s—
105%
100%
•'1021/a 1031/4
60
——
.1974
—::
*100%
101%
F-A
-1964
stamped
4s
1961
.1864
stamped-
94
105%
99% 100%
F-A
.1954
1st & ref sink fund 5s.
4J/aS
Firestone Tire 8s Rub 3s
deb
^Florida East Coast 1st
4'/2s
.1954
stamped,
5s
102%
90
*105
1st & ref sink fund 5s
1st & ref sink fund 5s.
71
1964
100%
Lehigh Valley Coal Co—
112 %
*104
series A
1st cons mtge 3'As ser E
1st cons mtge 3yas ser F.
1st cons mtge 3yas ser G
Ohio Div
120%
-1965
stamped
mtge
122
1995
Erie.Railroad Co—
Gen
A 1st
deposit
—
88
87%
79 Va
,6
87
86%
78%
85%
92 %
84 y4
88 Va
88
78%
78 %
9
—
88%
10
90
87 y2
92
-
32
THE COMMERCIAL & FINANCIAL CHRONICLE
(2024)
BOND
YORK
NEW
Monday, April 14, 1947
RECORD
RANGE FOR WEEK ENDING APRIL 11
<
Friday
Interest
Exchange
Stock
Last
Period
BONDS
York
New
Sale Price
Low
1st
n
series
4 Mi s
A 1st
i
5%s
—-It#*
D
a Certificates
deposit
of
series
A Certificates
of
F-A
83 3/a
833/8
Low
83%
5
New
89
A-O
13
93%
93%
93%
97
*91%
.
91%
Pittsb Coke St Chem 1st mtge 2%s-1954
New York Central RR Co—
1998
2013
—2013
Cons 4s series A—Li
Rei
St
Ref
&
impt 4%s series A
impt 5s series C_—S
N Y Central
3%s
—1997
registered—
75%
74%
76
265
743/4
823%
A-O
84%
833/4
85
129
83%
92%
series
J-J
73%
74%
72
3%s debentures
F-A
94
81%
73
1973
__'
99%
77
71%
102
M-N
106
96%
101%
5
92%
92%
3
101%
105
106
79%
w
1013/a
2
71
7
No.
Low
High
49
113%
125%
8
114%
127%
5
99%
103%
102%
—
103
J-D
7
100%
1053/4
101
1043/4
*105
1950
105%
104%
*105
81%
81
A-O
81
A-O
*—
gen
gen
5s
105
inc
5%
1st
3%s.
.1960
1957
__
--
*100% 102%
J-J
*107
P-A
Jf-lf
1955
*—
j-j
mtge
3s__
1st
St
ref
mtge
5s
85%
1st
*
ref
—1972
mtge Si-.—
2037
2037
100%
107
—
17%
jf-a
1965
ref
99
108 j
107%
*111%
tAProvldence Terminal 4s
St
103
127
*118%
J-J
deb
91%
103
*120
J-D
U
91%
84
—
'
Pwr
92
81
2
80%
*—
J-D
series C.
Co
80%
—
M.
1077
1st
11
J-D
4%s series D
80
/
79%
80%
1959
mortgage 3%a
110
107
17
79%
Range Since
January 1
Sold
101% 101%
J-D
Public Service El St Gas 3%s.
107
71
79%
Bonds
99%
*102-%
J-D
IA Providence Securities 4s
103*
2
* '71%
71
M-N
High
99%
1980
1st
101 %
99%
27
106,
107
J-J
99%
mtge 4%s series B
APlttston
112%
M-N
A-O
M-jr
mtge 4%s series C
1st
97%
102%
J-J
A-O
1950
Pitts Young St Ash 1st 4s ser A
1st gen 5s series B
72%
14
99% * 99%
F-A
Friday's
113% 115%
114% 115
1950
4%s series B
Potomac El
A-O
115
1st
—
72
92%
J-D
1st
1st
A-O
or
Bid A Asked
74%
717/e
1
97%
97
1955
Pitts Steel 1st mtge 4%s
98
73%
—
72
*
J-D
90%
14
74%
75
72
mm*»
'
Coal—
Pitts St W Va 1st 4%s series A
88%
91%
90
*86
Sale Price
■
90%
91%
F-A
1998
B
Consolidation
1st mtge
1980
1988
•
4%s
A-O
Pittsburgh
81%
Louis—
Y
-
70%
F-A
Connecting RR 2%s ser B—1975
N Y Dock 1st gold 4s
1951
N Y & Harlem gold 3%s
2000
Mtge 4s series A
2043
Mtge 4s series B
2043
N Y Lack JsWest 4s series A——1973
V
103
—1998
registered
New York Chicago & St
Ref mtge 3MiS ser E
1st mtge 3s ser F
N
72
1998
1998
Mich Cent coll gold 3 Mas
3 %s
70%
F-A
3 %s registered—
\
703/4
J-J
—
Lake Shore coll gold 3%s
;
.
F-A
& Hudson River RR—
General mtge 3%s_—
Week's Range
Last
Period
Exchange
Pgh Cine Chicago St St Louis RR—
Gen mtge 5s series A
1970
Gen mtge 5s series B
1975
Gen mtge 3%s ser E
1975
97%
95
92%
—
Stock
Low
—
A
—-—188*
deDOSlt
York
High
No.
High
833/8
New Orl Texas & Mexico—Contlnueii
/
Sold
Interest
BONDS
Range Since
January 1
Bonds
Friday's
or
Bid Si Asked
15%
17
1053/4
S*110%
'
—
jr-R
*108% 109%-
j-j
*160
109%
-
:
J-D
108 Mi
108%
/ 162
,
245
110%
164
—
IN Y New Haven St Hartford RR—
ANon-conv
deb
4*-.———.—1947
A Non-con v
'
d*b
3 %s
i0/117
ANon-conv deb 3%s_——1954
ANon-conv oeo **
M-S
33%
34
36%
48
34%
43%
35%
50
34%
43%
32%
35
31
32%
42
39%
38%
41%
167
383/4
51
A-O
trust
ADebenture
4s
A 1st
& ref
t A Harlem
4%s series of 1927—1967
River
&
Port
J—
1st 4s-
V
A General
4s
N Y Power &
1954"
June 1992
———1958
Light 1st mtge 2%s_1975
Putnam
1st
gtd 4s
cons
1093
NrY Steam Corp 1st 3*4*
1963
IN Y Susquehanna St Western RR-»
§ A 1st refunding 5s
1937
—
|A2d gold 4VaS
} A General
65
69%
13%
13%
16
173
13%
40
202
37%
47%
100% 103
Reading Co 1st St ref 3%s eer D..1995
Revere Copper St Brass 3%s
—I960
6
100%
104%
tiARlo Grande West 1st gold 4s—1939
A 1st cons St coll trust 4s A
1949
Rochester Gas St Elec Corp—-
M-N
103
9%
M-S
J-D
103%
mtge 4%s series D——
Gen mtge 33/4s series H
~8
106% 106"%
38%
106
7
39
107
..."•
———1997
,1975
;
Northern States Power Co—
(Minn) 1st mtge 2%s
M-N
*85
J -J
14
33%
40
11
15%
14
15%
38%
38%
14~
95
39%
32
4
132%
129
126%
126%
*__
128
128
Q-J
109%
38
73%
109
110
35
43%
106
1
128
87
Q-A
71%
70%
J,-J
99%
99% 100 Va
71%
1133%
.109%
70%
76%
4
68
45 A
a
953/4
103
102% 104
25 *
100%
103
103%
5
101%
1033/a
102
102%
51
F-A
100%
>102% 104
A-O
103%
inc
104%
St ref
bond
•: A
1st
guaranteed
4s
107 Mi
ser
103
114
60
9
J-J
15
14%
15
29
14%
M-S
107
107
107
14
105%
*109%
A-O
103
102% 103
19
100%
103
F-A
▲—1960
*■—
106
A-O
103
106
106%
101
15
73
109%
110
108%
—
110
mmam
49%
513/4
*93/4
30
11%
44%
11
11
11
jr-a
52%
10
13%
11
3
*104% 105%
j-j
*-sr
153/4
J-J
—
J-J
85%
84%
87%
335
84%
2022
J-J
47%
47%
50%
339
47 %
US
104% 104%
4
102
104%
87%
Nor 1989
1952
1990
Js
87%
cons
1023/a
106%
105%
57%
87%
1
83
J-J
88
86%
90%
103
71
91 v
88
86%
89%
46
79%
90
40%
23
J-D
87%
*112
F-A
39
39%
*106%
CO OOl
I
44
__
130% 130 %
130%
1303/4
993/4
1
100%
Co—
J-J
70
72%
F-A
*18%
19%
J-B
97%
97%
2
99%
119
Oil
92%
J-J
1996
2016
Union
100
1969
A
—
—
2%s deb's
100% 100%
70
J-J
1971
MASilesian-Am Corp coll tr 7s
Skelly Oil 23/4S debs
;
Socony-Vacuum Oil 2%s
:
92
97
--
.1935
Shell
90
90
1997
ctfs
RR
105%
84
3
Co
US
Line
90
*99%
A-O
Air
104 Yb
84
90
A-O
1969
Seaboard
19
107%
1975
1975
99%
58
*108% 1103/4
J-J
195*
JUL
/AGen mtge 4%s ser A
1A Seaboard All Fla 6s A ctfs
1974
(Oregon-Washington RR 3s
95%
103
104%
Seagram (Jos E) & Sons 2%s debs 1966
.1948
;
mtge 2%s
Oklahoma Gas St Electric 2%s
9
—
J-J
Scioto V St N E 1st gtd 4s
*
Ry—
1st
60
MS
gold 4S.1966
IJASt P St K C Sh L gtd 4%s
1941
St Paul Union Depot 3%s B
1971
O
Ohio Edison 1st mtge 3s
A-O
1996
gold 5s series A
fit Paul St Duluth 1st
104%
105%
4s
A Gen
103%
102%
20
—1996
§ Alst term & unifying 5s
103
103% 103%
>105% 108%
mtge 4s ser A
4%s ser A
A 2d
104
103%
102%
..
1949
1941
—1971
ISt Louis-Southwestern Ry~
lst 4s bond certificates—
101 ■*
J-J'
Louis-San Francisco Ry
1st
2nd mtge
72 Va
J-J
M-S
Cham plain
103 %
13
__
1123/4
us
St.
105
75
73%
111
US
us
Baguenay Power 3s ser A.
St. Lawr St Adir 1st gold 5s,
2d gold 6s_
Bt L Rocky Mt & P 5s stpd
109
106
Q -J
q-f
95%
*104%
111
MS
1st mtge 4s ser
tOgdensburg St Lake
J-J
-1957
tARut-Canadian 4s stpd
tiARutland RR 4%s stamped
136%
*__
1904
3 Vat
102 V*
109
135% 135%
—1975
mtge
10
20%
108%
—
95%
M-N
-1987
mtge 3%s series I_.
mtge 3%s series J
—1969
MAR I Ark St Louis 1st 4%s
1934
93
*108%
M-S
1974
1st mtge 2%s
—1977
Jf-N
Gen
,
Railway—
trust 4MiS
1st
Gen
77
M-S
impt 4Va s series A^—.2047 i
(Wise)
5%
104 V«
M-S
Ref & impt 5s series C——2047
Ref St impt 5s series D—-—2047
,
4
A-O
4sregistered——-r——1W97
gold 3s
Jan 2047
38
registered..
——2047
Coll
14
102%
68%
67%
15
Gen lien ry St Id
■j
8
93/4
35
Prior. lien 4s_—
r
55
4
*__
A-O
f Ref
76'/a
Gen
100%
J-J
J-J
A Gen mtge 5s conv inc
2014
Norfolk & Western Ry 1st gold 4s_1996
North Central gen St ref 5s
1974
Gen Si ref 4 Mis" series A.—.——1974
i
4%
103% 103%
*__
A-O
M-S
■*
65
102
4
M-S
-.-1969
Pacific
20
10%
9%
"12
Niagara Falls Power 3%s
Norfolk Southern Ry Co—
Northern
37%
F-A
1st gold 58—1943
liA N Y West St Bost 1st 41/aS—1946.
103% 103%
20%
37 %
F-A
fATerminal
J-J
R
67
J-D
1940
5s
.1964
M-N
...——1V37
gold
Quaker Oate 2%s deb.
Chester—
——
IAN Y Ont & West ref 4s
N Y &
41%
34%
34%
J-J
3 A Collateral
41
32%
35
AConv deb 6s
'
43
32%
25
34%
J-J
——1948
6s———1940
1957
333/4
5
34%
M-N
ANon-conv deb 4s
.—.1958
ADebenture certificates 3'/2s
1958
—
4
32%
32%
J-J
'
—
34%
32%
M-8
A-O
—
South St Nor Ala RR gtd 5s.
A-O
1941
F-A
c
1965
J-J
J-D
-1963
99%
100%
99%
83%
100
76%
72
— -
97%
98 Va
78%
99%
102 Mi
103%
|
5
100%
19%
94%
——
>126%
A-O
68 y2
18%
103% 103%
1976
14
288
93
99
,
100%
■
t
—
-::
*
>•' •'
::v':
4
'
Southern Bell Tel St Tel Co—
•
3s
1st
St ref M
1968
J-D
*108%
1970
J-D
*107
3s
series K
1971
1st St ref M 3s series L.—1974
1st St ref M 3s series M...
—1978
1st St ref mtge 3s ser N
—1977
1st dc ref. 2%8 ser P
—.1981
Pacific Tel St Tel 23%s debs
J-D
2%s debentures
*107% 108%
107
108
108%
30
107
47
1073/8
109
J-D
'103%
J-D
103%
A-O
1955
J-J
inc
conv
5s_1949
A-O
Pennsylvania Co—
Gtd
4s
series
E
trust
ctfs
1952
...
3s
s
—
i debentures
—.1985
—
65
■
..
4s
•
Cons
gold
sterl
4s
stpd
dollar
106
4%s
series
General
5s
General
Gen
•„
■"
mtge
Couv deb
Geo
vjtge
414s
314s
Peoples Gas L
St
B_
ser
C
M-N
262
107
5s
105% 106
D
ser
113%
A-O
102%
J-J
1033/4
1043/4
1023/4
1023/4
119%
122%
135
104
111
1
1st & ref 23/«s
100%
118 y8
65
100%
118%
v
99%
1033/4
* i
93
101
Texas
101%
94%
101 ft
69
>
34
106
-M-S
,
J-J
30
101ft
2
70%
106
101 i
4
34
; •
65%
104% 104%
:
33
-I'¬
106
ll
75%
*122
107%
J-D
M-N
1974
f 4s
1937
ACertificates of deposit
Phillips Petroleum 2%s debs
1964
>
Pittsburg Bessemer
& L Erie 2%S—1996
& 8t Louis Ry—
3 V2S series E
see
105
106 y«
953/a
6
105%
106%
903/4
90 34
94%
90 3/4
90 3/4
95
11
86%
86%
7
J-J
W,
*92%
J-J
126% 127
98
100
101%
85 Mi
93
89%
91%
10
1013/4 102%
94%
1223/4
128
103%
101
101%
A-O
114%
114% 116%
13
113%
A-O
120%
120
120 %
14
118%
120%
A-O
116%
JJ
*117% 120
115%
116%
J-J
4105% 107 Va
105
105%
A-O
*103% 1033/4
102
104%
Apr
45% 45%
105% 106
1969
F-A
1971
1966
1972
Jf-N
99%
103%
J-J
4
45 Va
56%
105
——
99%
99
54
1033/a 1033/a
106%
98%
99%
9
101 Va
103%
5
102
102
J-J
129
129-129
MS
106%
106% 107 J/4
A-O
103%
_2019
J-J
Ref St Imp 2%s series D
.1988
A-O
Corp 3s deb.
.1965
1st
8c
ref
M
3%s
ser
B
-1979
8c
ref
M
3%s
ser
C
-1990
105% 105%
101%
102%
J-D
Pacific
1st
Gen 8s ref M 3%s
gold
ser
.1985
W
103% 103%
-4.
'
2
127%
129
5
104%
106
38
106 y4
1073/4
"y
102
99
104
J-J
,
103%
134% 134%
A-O
2000
Texas 8s
101% 1043/4
1043/4
.1053/8
.104% 104%
104% 104%
*10%
J-D
122
126%
108 1
106%
103%
10
105%
1033/4 105%
102% 104%
12
103%
14
9%
V
4
130 Va
134'%
104%
73
1023/a
104%
103
104
99
104
99
.
5
13
-
97
99
100% 100%
3
•
AAdj Income 5s
M-N
.*116%
F-A
*119
M-N
*119
Il964
*~
120
.
100%
97
98
62%
61%
63%
324
58
97%
97%
7
96
.
-'I'l
100%
- •
100
j
/ |
1949
jr-a
*105%'/--
104
105%
Trl-Contlnental Corp 2%s dabs—1961
jf-a
*101aA 102
101%
101%
Union
1971
MS
111
1123/4
1975
A-O
103% 104
1945
A-O
*243/4
1967
J-J
1043/4 104%
U
Electric Co of Mo 3%»
1st mtge 8s coll tr 2%s^
IIAUnion Elev Ry (Chic) 5s
100%
115%
12~1%
V 118
M
70
J-D
*111
16
103
104 %
10
104%
105%
34%
1970
J-D
104%
104% 104%
6
1023/4
104%
1947
J-J
100H
27
10015
10111
1976
F-A
10041 100 ft
105 * 105%
11
103 V*
106 %
1991
M-a
Union Pacific RR—
-
118
98
1960
Union Oil of Calif 3s debs
23/4S debenture
115%
98
A-O
11%
104%
:i2i%
__
J-J
Jan 1960
Tol 8s Ohio Cent ref St
Impt 3%s
Trenton Gas St Eleo 1st gold 5s
•103% 104
J-D
1960
14%
1033/4
; 993/4
-J-D
F-A
1974
104%
93/4
21
•
F-A
1957
12
104% 1043/4
1963
33
Pic Tenn RR of New Orl 3%«
Third Ave Ry 1st ref 4s
130
■
11%
12
i
16-
105
i960
page
--
107% 108
*9%
F-A
1953
4'/2s series J
For footnotes
J-J
'
1949
I
.,.124
.105% 105%
M-N
J-D
Cons gtd
120
J-J
1st
i
39
•"
130
.
1
1981
Cons gtd
91
97%
1961
Ref St Imp M 4s ser C
■
■i
"
1
/
.
1st & ref 234s_
Cons gtd 4s series F
Cons gtd 4s series G
Cons gtd 4s series H
Cons gtd 4V2s series
97%
953/4
Terminal RR Assn of St Louis—
F-A
J-J
1st & ref 2%s
Pgh Cine Chicago
95%
Texas 8c New Orleans RR—
93
Apr
1967
a
97
1998
debs
185
F-A
_i97i
1st
102%
Texas Pacific-Missouri—
1st & ref 2%s
<1A Philippine Ry
2%s
270
A-O
5s series B
—1974
General gold 414s series C
1977
Philadelphia Co coll tr 4Y4S
1961
„
Co
99% 100 %
M-S
General
.•
&
99%
,
Co—
97
99 »/a
i v-
Phila Bait & Wash RR Co—
Philadelphia Electric
103
125%
107
Swift
114%
100% 103%
100% 103%
J-J
;
1043/4
95
11814
98
109%
102
103%
52
107%
6
1
99% 100
.I960
Stand Oil of Calif 2%s debs
Standard Oil (N J) deb 2%a
104
15
*
Co—
103%
;
A-O
1980
IO6M1
6
—
111
J-D
A Income 4s
Apr 1990
Peoria Sc Pekln Union
Ry 5%a
1974
104%
105
RR
963/4
A-O
—
108
1023/4 102%
*1023/4
119% 120%
1960
107
104%
51
104
1847
1
4
95
105% 105%
MS
MS
1994
Devel St gen 4s series A—
1956
Devel St gen 6s
—,—1986
Devel St gen 6%s
1956
Mem Div 1st gold 5s_
1996
St Louis Div 1st gold 4s
1951
Southwestern Bell Tel 2%s debs—1986
ASpokane Internat 1st gold 4%s—2013
67
100
MS
1950
Southern Ry 1st cons gold 5s
106%
51%
—
106
195a
Marquette Ry 3%s
67
119%
1985
Peoria & Eastern 4s ext
Pere
59%
Pacific
1st mtge 2%s ser E_
1st mtge 23/4s series F_
1st mtge 2%s ser G—
1063A
10~6
10
F-A
1984
E
P
V*
95
1969
—
Sunray Oil Corp 2%s deba
102%
1981
D
ret
106
J-D
JQ«n
series
104 Mi
1960
—
314 s
101%
104%
1965
A
414s series
series
30
26
*103% 104%
Jm-n
May 11948
sinking fund 4MiS
General
102% 103%
105% 106%
Southern
104
*102%
A-O
A-O
1948
,.
109
102
107
J-D
Pennsylvania RR—
Consol
107
40
106
M-N
Pennsylvania Glass Sand 3Mis
1960
Pennsylvania Power de Light Co—
1st ' mtge - 3s
..1975,
12
103%
*104
M-S
—I960
debs
108% 109
109% 109%
103% 1033/4
1981
4%s
San Fran Term 1st 4s
103
109%
J-J
Co—
4%s
Gold
109
F-A
1st mtge—1994
(Oregon Lines) ▲——1977
Gold
108%
108% 108%
J-J
1985
Pacific
1st 4%s
109%
108%
108%
J-D
Pennsylvania-Central Airlines—
Southern
108%
107%
106%
J-D
1988
—
1083/4
108
J-D
1985
Paducah St 111 1st s f gold 4 >/2s
Naterson & Passaic G & E cons
.1979
debentures
Southern Indiana Ry
;
3Vis
debentures
2 3%
Paoific
Gas St Electrlo Co—
1st St ref mtge 3Mis series I
1st St ref mtge 3s series J__
;.v
t i'
'
1st 8s land grant 4s
2%s
Ref
debentures
mtge
2%s
series
C
98
98%
13
97
98 3%
1
•
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4585
Volume 165
NEW
YORK
BOND
RECORD
BANGE FOR WEEK ENDING APRIL 11
York
Stock
Week's
Interest
Last
Period
Sale Price
Exchange
or
lota
United Biscuit 2%s deb*_
U S Rubber 2%i debt.
.1966
A- O
.1976
Af-N
99 %
Universal Picture* 3%a deba
.1959
M-8
Range
Friday's
Bonds
Bid & Asked
102'/#,
102%'
High
No.
102% 102%
99 V
Low
3
99%
6
.BONDS
New
York
Stock
Interest
Exchange
103%
99
Western Union
Cons
cons g 4a series A
1 4s series B_
s
1st
St
Ac
100%
100%
1955
Funding & real estate 4%s
25-year gold 5s
30-year 5a
102%
1950
Virginian Ry 3s
ser B
103%rl04'/2
111
32
Jf-S
86%
81%
—>1951
1971
M-N
102%
MS
MS
"106
110
1995
105% 106
Wilson & Co
C
ACertificates
of
Electric
Wisconsin
Public
'
Gen mtge
4s inc ser A
Jan 1981
i'lst mtge 3%s
/Walker
ser
(Hiram)
'WalworthCo
ser B
B..
Apr
Apr
1971
F-A
_
G & W 2%s debs_1966
conv
85%'
-
1970
(Warren RR 1st ref gtd gold 3%s„2000
<
Washington Central Ry 1st 4s_
1948
'
Washington Terminal 2%s ser A—1970
Westchester I-tg 5s stpd gtd
1950
F-A
Gen
mtge
3%s
1952
—
inc
A
ser
s
:
84
*101 %
105 %
MS
*117%
m?....
J-J
67%
103
101%
103
9
67%'
14
65%
■
deposit
100
2%s
1976
J-D
Service
3%s
1971
v"
.
J-J
■'
r.' t".'-
73
C'„-'
105%
105%
117%
S
-
19
82%
66
1
66
19%
55
23%
19
19
24
109
117%
66
V
MA-
20%
109
ir
»
V.
32
101% 101'/2
,
101 %
104
:,;// 3
69%
19
——
106 %
.
104%
:
Y
19%
'
—
Power
72%
105'/2
r.'v'is.
'
76%
"
67%
19%
87
101%
'
19
i.-
♦—
MS
90
■"
3
"104% 105
J-J
?■; 76%
A" 75
122
A"105%
A-O
1949
100%
101%
109
6
109
94
102%
105% 106
49
r
100%
52%
54
100 372
—
"102
—
105%
V.
——
•*'
Yonkers Elec
\
Lt St
v
Power 2%s
Y
:
r*'
*1'
1976
'' V
u
J -J
ioi y# 101%
'
Deferred
a
107%
included
delivery sale not included in the year's
in the year's
range,
d Ex-interest,
e Odd-lot
sale not
Under-the-rule sale not included in the year's range,
r Cash sale
52%
10011
101%
not Included in/the
102
103
113%
113%
106%
"113% 117
107 %
§Negotiability impaired by maturity.
tThe price represented is the dollar quotation per
pound unit of bonds. Accrued interest payable at the exchange rate of $4.8484.
108%
109%
__
107%
17
104%
104% 105%
109
104 %
103% 105
60
104%
101 %
100ft
n
y Ex-coupon.
•
-
-
•
.
.
being in bankruptcy, receivership, or reorganized under Section
the Bankruptcy Act, or securities assumed by such companies.
106
4
range,
gear's range,
tCompanies reported
106%
27
100ft
100& 100 x3«
—
•'Vi
-
2
108% 109%
--,-/
•-
52
100 &
103
"107
■'
-
92%
>•
-
99%
*
*
May
4%s
»
96% 100
52%
—
A-O
2014
Pacific
90%
41
-31
13
3-3
Called bonds
Ai
99%
3-D
Western
J.
.
50
106
J-D
1966
17
86 :'
*; 99% 100
99%
F-A
West Penn Power 3%s series I
Western Maryland 1st 4s
90%
,
-100%'
100'/4 100%
-
Q-Jf
1967
%
100
100%
A-O
Baking Co
(subordinated)
85
,
100%
M-H
Ward
90%
J90%
M-N
debentures 3V4s_1876
5%s debs
<
90%
145
■
"
Jan 1991
'
.} Gen mtge inc 4%s
■
65%
66 V*
105% 105%
rnmm
Wabash RR Co—
v
High
79%
69
1960
A Certificates of
deposit..—^......—
JASu & Du div St term 1st 4s
1936
'
106%
67%
1958
t§AWisconsin Central 1st 4s
106
105%
67%
1970
1st mortgage 3s
1st 4s
Wisconsin
'
A
Winston-Salem S B
Ill
103
;
4s
series
series
100%
•
Low
5,, 72 •>
102% 102%
102% 102%
MS
J-J
-
2%s
104%
109
A*.
■
1992
M
103%
/
January 1
84%.
3-D
1949
ref
100
"109
88%
80%
1951
2361
St
Wheeling Steel 3%
"100
89%
86
Range Since
Sold
NO.
86%
uma
;
Registered
Wheeling & Lake Erie RR
109'/#
Gen
intge 2%s aer E
1975
Va Iron Coal St Coke 1st
gold 5s__1949
Va St Southwest 1st
gtd 5a_
2003
1st cons 5s
1958
Bonds
>
High
J-3
——
109
1957
Friday's
88
Jf-N
2361
Power Co—
ref
or
Bid & Asked
Telegraph Co—
West Shore 1st 4s guaranteed
Vandalia RR
i
Low
Westing house El As Mfg 2%S
r'2% debentures
Virginia Electric
Last'
Sale Price
Period
High
102%
152
102'/# 102%
Friday
Range Since
January 1
Sold
'
Friday
BONDS
New
..
as
200-
of
77
^Friday's bid arid asked prices; no sales being transacted during current veek,
ABonds selling flat.
NEW YORK CURB EXCHANGE
WEEKLY
in
a
AND
RECORD
YEARLY
NOTICE—Cash and deferred delivery sales are
disregarded in the week's range unless they are the only transactions of the week,
footnote in the week in which they occur.
No
account
is
taken
such
of
sales
in
computing
the range for the year,
and when selling outside the regular weekly
range are shown
r
In the
following extensive list we furnish a complete record of the transactions on the New York Curb Exchange for the week
beginning on Saturday,
April 5, and ending the present Friday, April 10.
It is compiled from the daily reports of the Curb Exchange itself, and is intended to include
every
security, whether stock or bond, in which any dealings have occurred during the current year.
'
•
Friday
STOCKS—
New
York
Curb
Week's
Last
Exchange
Acme
Wire
Co
Aeronautical
Mfg
Air
Investors
Inc
common
12%
27
40
23
Jan
28% Mar
Atlas
11%
8%
8%
Great
Alabama
Power
Atlantic
Coast Line
700
8
Feb
Atlas
2%
500
2% Mar
3
Jan
Automatic
2%
Jan
3%
Feb
Automatic
Voting
Jan
15
Feb
123/4
Feb
6% preferred
Ayrshire Collieries Corp
13%
13%
700
12%
10%
400
10% Mar
2
3% Mar
common
38
50c
preferred
3%
3%
4
6
6
6%
38
4.20%
50
.
Alles & Fisher common
Allied Int'l Investing $3
Products
85
—
2%
Jan
5%
800
5%
Jan
9
1
86
86
6%
334
334
85
100
4
pfd
conv
105 %
600
(Mich)
common
common
cumulative
Aluminum
Goods
Aluminum
preferred
18
18
Industries
Aluminium
Ltd
104
•
common
4%
11%
Baldwin
Jan
Banco
20%
__
Bantam
Car
Feb
Barium
25
Feb
Barlow
Apr
80
Jan
$1.20
Feb
105%
Feb
Basic
100
Jan
20%
Feb
Bauman
20
22
22
22
50
18
Jan
24%
Feb
•
American
Beverage
American
Book
Co
iso
180
184
1,800
177
Mar
1953/4
Feb
1
*
common
3%
B
American
4%%
Hoe
common
25
51%
Electric
St
*
Corp
common
preferred
American
Laundry
Mach
Products
Meter
American
Co
American Thread
American
.
100
11%
Jan
16
Feb
75
24%
Jan
27
Jan
313/4
Feb
37
Apr
5%
37%
Jan
433/#
100
110% Mar
1123/a
2% Mar
3%
300
15%
250
31%
22%
29
15%
Apr
200
28%
Apr
31%
800
14%
Jan
Apr
18%
1,100
15
Jan
19%
35
Jan
44
Jan
39%
40
36%
36%
35
35
36%
20%
20%
21
•
54%
1%
54%
5%
_5
1,600
5%
1%
1%
8
'
57
34
-
Jan
Jan
43%
23%
1%
Jan
1% Mar
54%
Apr
5%
300
5
400
7%
Jan
.
7%
7%
200
7% Mar
6
7%
.1
pfd
Argus Inc
—
1
.
8%
6
200
6
100
—
-
4%
8'/#
114
63
Jan
8%
Mar
4%
16% Jan
4% Jan
loo
8%
1,700
114%
320
7%
X112
Jan
Jan
Feb
5%
9%
•
Jan
V
193/a
7
7
Jan
8%
4%
5%
2,500
4%
Jan
6
4%
5%
preferred
—10
Arkansas Power St Light $7
preferred-*
Aro Equipment Corp
2.50
Ashland Oil St Refining Co1
8,400
4%
Jan
5%
10%
10%
900
10%
Jan
11
Jan
-114
11%
700
10%
Apr
14%
11%
11%
11%
1,100
10%
Jan
12
Apr
6% Feb
4% Apr
50
17% Mar
19%
Jan
1,000
18
6% Apr
15
Jan
7%
20%
Feb
Feb
200
7% Mar
18
2,200
1,200
17
Apr
19% Mar
2% Feb
7%
3
3
164
164
17
2~
23
Feb
35%
Feb
2
Apr
11% Feb
Jan
24% Mar
9
8%
9
150
3%
2,700
200
11%
Apr
4
56%
Jan
14%
Jan
Jan
30%
Feb
Jan
11%
800
11
25
300
22%
45%
55
44% Mar
47
200
30
126
27
29
40
27
193/a
20 3/8
.
'4d3
*
Pwr
193/a
15%
15%
15%
131%
Jan
37
Apr
43/4
4%
3,600
15%
"8
,4
Jan
Jan
Feb
17%, Jan
22%
/
20
Jan
Feb
4% Mar
Jan
Jan
26%
Jan
10%
7% Mar/
100
Jan
Feb
22
Feb
33
Jan
36
Feb
23
Mar
25
Jan
/.'.'A/
18
Jan
21%
Jan
250
19% Jan
20%
Feb
22
—
" 1 'rrn
*
Co_
Apr
Apr
25
—*
*
1111'
---J
w
19%
1,400
4%
*
——-
Jan
Mar*
55%
U
126% 128
Jan
11% Feb
Mar
7
3% Jan
23%
: i
Feb
Apr
Feb
22
33/8
--
—
i
;
Tobacco-
»
4%
20%
4%
—
Ltd—
Co
1
common
7%
7'/a
4
15% Jan
18%
n%
1,000
.1%
21%
.
Feb
9
Feb
Feb
47
Jan
Feb^
x
,
26%
Feb
11% Apr
12%
Feb
Jan
19% Mar
1% Jan
*
700
18%
7,100
1%
l'/a
/
18%
1% Mar
--25-
n%
18%
*
2% Mar
.
7% Jan
39
27% Mar
.
Feb
1,000
8%
»
2AO
Mar
2%
3,400
19
4% Feb
Feb
26
300
/.■':'/t
•
Ltd——
Sullivan
Burma Corp Am dep
173/4
19
'
4%
—
;
Distillers—————*
Co common—
St
180%
Apr
Feb
Jan
Jan
850
9
27
3%
5,200
23
8
9
"3%
24%
23
17
70
"2%
2
22
23
*
Hill
164
8% Mar
v
35%
,20%
Silk Mills
10
17%
17
20%
Rubber
700
.—
y
—-**
(E L)
125
19%
7%
rets ord reg——-1®»
dep
6%
17
Mar
10%
St
——
r- -
■
Feb
Vill
Feb
Mar
111%
) 1 %
mm
Jan
9,100
5%
*
Lgt
Buckeys Pipe Line
Feb
10"%
-
Forman
Bunker
Feb
4%
m
Bruck
Feb
4"%
-
Celanese
Brown
114% Mar
•
'
Bruce
Feb
*
■■
13
-
15% Mar
Class
Feb
1
—•
100
25
common
Aeronautical
American
Brown
10%
19%
British Columbia Power class A_
Jan
5%
103/4
Co
dep rects ord bearer,
Amer
50
.42%
40% Mar
11% Mar
17
Co
St
/Am dep rets ord reg
Jan
.?
(S)
common
Traction
A
British
Feb
7/7%
Am
?/>
•
500.
193/8
3
Mfg Co common
British
Feb
9%
■
1
Mach Co com_*
common
British-American Oil
Feb
17,000
1,350
1
common
Bridgeport Oil Co
Jan
6%
•
*
common
Bridgeport Gas Light Co
Feb
Feb
5% Mar
■
250
-VA
18
6%
1
Corp common
Class
11
4%
100
Hedges
(HC)
Brewster
Feb
19%
100
;
43
1
1st
Brillo
"4%
1
common
new
Breeze
Feb
33
15,200
5%
-
50
Feb
11
16
————2.50
Shoe Corp
&
Brazilian
Feb
300
39%
36%
4%
113/4
1
preferred
Borne, Scrymser Co
Bourjols Inc
16% Mar
3
11%
=-
'
com—
Steel Fdy St
7%
Feb
9,200
Ties
Aircraft
Bohack
Jan
3%
'
common
373/4
24%
Mar
16%
•
5
Angostura-Wupperman
new
30%
£1
Appalachian Elec Pwr 4%%
Feb
21
(A S)
Blumenthal
Jan
17
1,400
403/4
18
1
$3 optional convertible preferred—•
Blum (Philip) & Co Inc
}
Jan
51
3
1
.
49
Jan
18
——2
/
Mar
42
403/4
5
1
Inc
Inc
Mills
Blue Ridge Corp
Jan
13 %
2,900
29
10c
common
Products-'
46
250
X21%
3
.*
Angerman Co Inc common
Anglo-Iranian Oil Co Ltd—
Am dep rets ord ret—
Apex-Elec Mfg Co
47
15%
—1
Birdsboro
Feb
X40
——
(L) St Co common
Bickford's Inc
Jan
r
40%
1
>
Corp
Blauner's
Feb
2,300
2
preferred
Writing Paper
Post
13,600
23
if
preferred
Berkey St Gay Furniture
Jan
41%
111% 111%
2%
2%
30%
x21%
Jan
Feb
300
Convertible
Jan
1%
Apr
48% Mar
10
com
54%
Feb
Jan
46%
25
Feb
9
7%
Apr
6% Jan
25
Jl
common
—
Refractories
Benson
Jan
43%
Co
Bell Tel of Canada
Apr
7%
1
•
common
51%
181
2
Republics
Seal-Kap
Mar
500
15%
1
Co
Amen Superpower Corp
$6. series preferred
Anchor
2%
13% -13%
63/4
37
convertible A common
Bellanca
Jan
3,900
25
American Potash St Chem class A_.
Class B
American
111%
10c
200 /
& Seelig Mfg—
Beaunit
Feb
5
5% Mar
3,000
40%
700
7
25
•
shares
Beau-Brummel
3% Mar
83
1%
25
American Mfg Co common
American Maracaibo Co
American
40%
Apr
Jan
Jan
19%
20
Metal
48%
1
50
1
preferred
American
10
25
American Light St Trac common
6%
2,200
13%
1
$2.50 convertible preferred
American Hard Rubber Co
50
5%
46%
1%
100
General
convertible
46 %
51%
5%
5%
_•
preferred
American
$2
Gas
2%
70
1
&
3%
3%
100
American Cyanamid Co common
10
American & Foreign Power warrants—
Fork
3%
3%
1
.
Co
American Cities Power &
LightClass A
American
3%
37
2,100
7%
7
36
——-——30
Andes—
Steel
23
102%
1,150
20%
30% Mar
32%
63/4
Arkansas,Natural
Common
class
Gas
A
common—
non-voting
6%
*
Associated Electric Industries—
American dep rects reg
Associated Laundries of America
Associated Tel &. Tel class A—
£1
For
footnotes
see
page
37
—
*
1%
1,200
*11
6%
400
1%
10%
800
9
*
—
9
10%*
950
Feb
1% Mar
'
•
Atlanta Birm St Coast RR Co
pfd—100
Xll
—
J
•
7%-
-
4%
Jan
Burry
Butler
1%
(PH)
rets
-
—12%s
25s
Corp—
common
5
5
13
13
Jan
Feb
■
5%
'
2,600
800
13
/■./'
Feb
i
5
Apr
12% Mar
7
Feb
13
Jan
-
C
Mar
Cable Electric Products common
11% Mar
11
Biscuit
•
Voting trust certificates
tables
A
.
3%
80s
00>
"3%
4%;.
3%
4%
500
1,700
3%
3%
Jan
Jan
4%
Apr
4%
Apr
Wireless-
American
dep rets 5% pfd
—si
3% Mar
*
Feb
I
—
Rubber
de los
Jan
Beck
American
preferred
Jan
•
common
7%
Jan
Jan
15
3,500
103% 104
7
Locomotive—
Baldwin
Mar
63%
600
67%
Apr
Feb ?
Jan
American
18
63 %
5
10,700
;
Feb
25
—
13
63%
100
Mfg
108
3% Mar
•
•
Co
92
Apr
I_
*
5
Altorfer Bros Co common
Jan
8% Mar
•
62%
5%
—
5
St Sons common
9%
Apr
Jan
50
105% 105%
7
w
High
Jan
55
32
32
1
LOW
6%
300
1,500
At
5
•
*
Machine-
7%
55/
Range Since January 1
'".v
Jan
Jan
1
Aluminum
Class
(3F)
6 "/a
<■-55
'/■j•
Feb
3,900
3
100
pfd
Inc
65/8
High
Feb
4%
10
;
4%
Feb
Low
5
Products
500
10%
Shares
Corp warrants—
Plywood Corp—.
Avery
__
__
for Week
50
3%
Mar
Range
of Prices
—1
Co
2%
10
Southern
Airlines
$3.75
Feb
Fisheries.
3%
2%
„
9
,
Jan
Coast
Babcock St Wilcox Co
Alabama
Allied
Jan
1
Air-Way Electric Appliance
Alaska
5%
9
5
(NJ)
convertible
Mar
900
Atlantic
•
common
Mfg Corp
60c
^ 4
9%
1
Sales
Last
Sale Price
Exchange
Par
9
27
Curb
High
300
27
1
Convertible preferred
Aireon
Low
4%
1
Supply Mfg class B—_
Agnew Surpass Shoe Stores
Ainsworth
High
New York
9
10
Aero
Air Associates Inc
Range Since January 1
4
1
Inc
Products
STOCKS—
Shares
4%
common
Adam Hat Stores
Low
Week's
Friday
'
for Week
of Price#
Par
ACF-Brlll Motors warrants
Acme Aluminum Alloys
SSIlte
Sales
Range
Sale Price
'>
RANGE FOR WEEK ENDING APRIL 11
3% Mar
'
THE COMMERCIAL & FINANCIAL CHRONICLE
(2026)
"34
YORK
NEW
CURB
RANGE FOR WEEK
Calamba
California
Camden
■*
Co
Carnation
Castle
Catalln
7%
7%
Jan
15'%
Jan
Mar
45
2
3,200
15
Jan
Apr
200
10'A
Feb
323/4
Jan
43%
Jan
49
Jan
25
115%
Feb
118
Apr
133/4
Apr
20
Jan
Feb
11
Mar
9
Jan
14%
"7%
1%
600
10
73/8 Mar
36
133/4
143%
94%
140
18%
17'%
Apr
43»/2
13% Mar
2,400
941/4
133/4
.Mar
2,500
14
~7%
1
45
6%
29% Mar
-10
Corp of America—«—
Jan
340
47
118
14 Vg
commcn
3
Apr
Jan
37%
300
31
118
45
Co
& Co—
M)
(A
20
Apr
11%
225
42
30
-10
Co com
Products
Casco
ll
Inc..
2%
2
37%
pfd
Biscuit
(J W)
Carter
Jan
12
2
common..
Co
23'% Mar
Exchange
Hosiery class B common
Test Corp common
Duval Texas Sulphur
East Gas St Fuel auoo commo:
200
Feb
17% Feb
3.50*
——100
preferred
Central
Pow
pfd
4%
Lt
St
Central & South West Corp
preferred
ICent States Elec 6%
7%
preferred
Conv
—
pfd opt div ser
pfd opt div 6er
Conr
Aircraft
Cessna
Co
8
100
—.100
—100
10'%
10
I63/8
16'%
177%
150
—1
240
56
Apr
79
Jan
16
10
16
Apr
Apr
22'%
Eastern
States
23'%
"3%
3% Mar
4'%
19
Jan
13%
13'%
200
12%
Jan
14
Feb
223/4
200
21
Jan
24
Jan
72
71
72
250
70
Mar
77'%
Jan
15 Ya
15'%
15i%
425
14%
Jan
157%
Feb
1'%
13%
1%
1,900
1%
Jan
Service
Clark
—-
—10
common
Clarostat
—1
Co
Controller
Co—
Mfg
Products
Alum
16%
23%
1533/4
Colon
400
15%
Jan
154
New
177/4
Feb
200
10
11'A
200
15%
10'/4
16
17
3
3'%
2%
27%
Mar
3
300
11,700
Jan
19
Jan
2% Mar
3%
Jan
14
300
97/s
Jan
153%
Feb
88
400
6 6 3/4
Jan
90
Feb
8
8
100
8
33/4
8'/4
8%
137%
3,500
37/2
Jan
7,800
8 7%
Apr
113/4
Feb
800
257/2
Jan
35'%
Feb
Apr
143%
13 7/8
143/4
57/8
32
32
2,700
137/e
6,000
5 »/8
4'%
.
Jan /
1,550
253/4
4%
4"%
700
4%
1/8
32
21,500
'/a
7
Apr
Ya
Community Public Service
Community Water Service
Compo Shoe Machinery—
Vtc ext to
common
series
Royalty Oil
Consolidated Steel Corp common
Textile
Apr
343%
Co
Continental Fdy & Machine Co
2'%
Jan
9%
750
8 '/a
13/8
76%
2,200
110
25
108%
Apr
10'%
1% Mar
100
75-
108
38
75
2
Apr
8 3/8
77
Jan
Jan
43
175
64'%
150
Feb
~2%
Electric
Cornucopia
Gold
">::
■
;
30
5 f»
-1
'■■■-
convertible
Falrchild
First
dep receipts
$2
Apr
347%
Feb
83/s
Jan
ll'/a
Feb
14%
15%
1,100
35
353/4
200
15
2%
Jan
3
14 7%
Apr
197%
Feb
32
Jan
413%
Feb
4%
4%
43/8
400
47/2
Apr
x6
Feb
93/4
93/4
3%
10%
1,650
9%
Jan
11
Feb
%
2,300
1%
Apr
I'/b
Jan
2,300
600
127/2
Jan
15'%
2,400
~3'%
3%
137/8
3%
"3%
12%
31/2
12%
33/8
383/4
38%
41%
100
125
37/4
Croft
1
1%
27%
17/8
International A
1%
8
•
Crown
Drug Co common
Crystal Oil Refining common.
86
25o
•
5*
Atlantic
Tobacco
8%
91/4
43/4
3'A
36
14
Jan
41/8
Jan
5
Hosiery
1,500
8%
ci*m
Am
43
dep
rets
Class
Ford
B
Gray Iron
Detroit Mich
Detroit
Stove Co
Steel
common—1
Products
6'%
Jan
Apr
Apr
2
V/a
200
2;
.
1063/4 1063/4
12
12%
140
17%
23
13
13
13%
20
Am
dep rets ord reg
Corp
50'%
825
47% Feb
537%
Jan
50
10
XlO
2'%
4%%
Domestic
Dominion
Co
common.
Bridge
Dominion
Steel
Dominion
Tar
St
St
30%
X67/B
x7
Dominion Textile
Coal
300
12
Driver
Duke
Co
dep
rets
page
Apr
22%
Jan
147%
16
12%
13'%
52
147%
4,100
14
Jan
Apr
64
Feb
50'%
310
83
2'%
2'%
41%
42
2'% Mar
200
2 3%
Jan
40
1,300
Jan
437%
Jan
Jan
20
Garrett
6%
193%
6%
Apr
Jan
18'%
300
*8%
11'%
"v/a
24
9'%
Corp
CP
Power
20 3%
Feb
217/2 Mar
Mar
3
Mar
Apr
101/4
Jan
Jan
317%
Feb
111/4 Mar
14'%
Jan
38'/2
Jan
Feb
8'%
600
Feb
8 3/8
300
4,000
100
5,800
common——..*
5*
100
1
preferred
Gellman Mfg Oo common—
General Alloys Co.
Gen Builders Supply Corp.
5%
conv pfd
<
Apr
12%
Feb
23
Apr
78
Jan
Jan
78
Jan
Hi/4
Feb
193%
Feb
8
Apr
16'% Mar
Apr
43% Jan
104'%
7
Feb
Jan
37%
Jan
100
__
43/4
5
1,100
3
3
600
4%
900
233%
250
3
6'%
Jan
23
Apr
32'%
Jan
Feb
14
Jan
4'% Apr
Gen Electric Co Ltd—
Amer
dep rets ord reg.
Finance Corp common
8
2,700
7'% Mar
97%
77% Mar
7'%
preferred series A.
General Fireproofing common
General Outdoor Adr 6* pfd
General Plywood Corp.
93%
29
300
$6
22%
1,500
"3%
"3%
100
91'%
Mar
•
•
convertible preferred
93
290
29
Mar
Jan
107
Mar
191%
Jan
257%
Jan
96
Mar
Jan
4
Jan
37/4
89
9 8'7%
Mar
Jan
12
Feb
Feb
6'%
$4.50 prior
St
n-.i
18
stock.
.100
preferred.
Products
Gulf States Utilities 84.40
pfd
*
8
152
Feb
11
Apr
13'%
Jan
Hell
xll
Xll
xll'/a
200
11
Apr
14
Feb
*
Hammermill Paper
10
Hartford
Electric Light
28
Hartford Rayon voting trust ctfs
1
Harvard Brewing Co
1
Hat Corp of America B non-vot com—1
Hathaway Bakeries Inc
1
Hazeltine
Corp—
—*
3'/a
X12
33
3%
500
12%
3,800
33
100
—
~5% ~6 !•
2,700
IV/2
500
14
15
800
3%
3%
4,300
137/4
123/4
13%
1,600
—
3
10%
27
153
Jan
71%
150
53/4
75
25
10
1
4'A
55'%
Jan
Jan
Apr
5%
Jan
Apr
61'%
Jan
Mar
32
Jan
1017% Mar
104
Feb
Apr
l'/4
7%
29,100
Jan
45%
Jan
12
400
10 3% Mar
15'%
Jan
591%
117%
59%
12'%
200
57'% Mar
62%
Jan
1,000
11'%
17 3%
Feb
7%
200
73/4
Apr
91%
Feb
2,600
10 3/4
Jan
14
12%
f 100
100
102
138
12
Vuo
Jan
12
Feb
350
100
Jan
109
Feb
140%
190
135
Feb
140'%
Apr
12 7%
500
Jan
44%
Jan
12%
700
391%
Apr
15%
112% Mar
%
1147%
12
15%
Jan
Feb.
Feb
15%
Feb
Jan
123/a
Feb
€
37%
:
Jan
Feb
Apr
377%
Feb
16
Apr
Feb
73%
H
Feb
Jan
19
Feb
153/4
20'A
Lamp Co
Hamilton Bridge
Co
Ltd
|~10%
V;32%
'I|f3%
10'%
6 7%
10'%
7
32%
32%
62
62
■
800
9
6%
Apr
100
30 3/4
Jan
343%
591% Mar
70'A
20
3%
3,300
37%
3'%
3'%
1,500
7'%
7'%
100
8'/a
8
8'%
1,000
5
31% Mar
7%
>
•3'%
37%
-
8% Feb
100
Apr
7'%
8
•
Jan
133/4 Jan
19% Feb
3'%
Apr
4y4
Jan
33 3%
Jan
331%
Feb
12i%
Jan
17%
Feb
87
70'%
101
Jan
247/4
Jan
94
Mar
Feb
Hecia
Dept
Apr
9
14%
157%
500
14%
Apr
17'% Feb
10'%
10 Va
400
10
Jan
123%
12'%
Jan
100
11'%
200
104'%
30
1,800
4%
104
.100
preferred w W
preferred ww
Henry Holt & Co common
79
Jan
Heyden
Feb
Hoe
(R)
83
1
13'%
common
1
27
& Co new class A
..10
Chemical
Holllnger Consolidated G M
Holly Stores Ine
Holophane Co common
...5
1
12%
13'%-;
9%
27
28'%
50
52
9%
.-V 5
—
97%
5
—
200
8'%
16
85
X35'%
1
Feb
27
Apr
Mar
Feb
55% Mar
10'%
Feb
Mar
63/4
Feb
Jan
27%
Jan
9'% Mar
5
r
Mar
157%
49
23%
Jan
Jan
750
200
Jan
£07
Apr
Apr
1,600
1,200
Jan
W* Feb
11% Apr
104
Feb
147/4 Mar
25
16'% Mar
15 % Mar
6'%%
V' 48
Apr
13
18
11'%
—2
.100
Apr
106
12%
12%
177%
common
Feb
Feb
Mar
10 '/a
A;
Co
Feb
Feb
Feb
14'%
V
Rubinstein
Class
Heller
Jan
Jan
Stores
Mining Co
Helena
common—— ...8
.250
41%
9
Apr
Feb
44
106
1,300
Jan
12%
Jan
14'% Mar
247/4
70%
47%
557%
17
Jan
177% Feb
lb/a
Mar
100
1,100
—
15
12
Feb
12'%
100
£ 12
common—25c
11%
38
10'%
15%
>
14% Mar
42
; i',)I'li.-nn
Tea—
■.
Pacific
common
12
1
n
Apr
18'%
Apr
73A
Mfg common.
Atlantlo
Jan
25
Feb
11
11
Great
8 7/4
Jan
167%
7%
A.
Feb
347%
18 3%
1017/a 1017%
Gray
103% Mar
Feb
•100
1,100
2,000
443% Mar
class
Stores
Jan
26
Rapids
Grocery
297%
11%
Mines.
Feb
Jan
Jan
Jan
4'/4
preferred
Varnish
Mfg>Cou——. -
Jan
Feb
177%
55'%
elass A
8
8
Feb
531/4
17'%
Ine common
Jan
37%
22'%
Jan
Feb
21%
Mfg Co.
Inc
Apr
16
15'%
Grand
Apr
50
(
6% Mar
11
Graham-Paige Motors (5 conv pfd—25
Apr
Feb
177/4
Inc
Consolidated
1st
5'%
21'%
Gorham
143/4
Jan
29'%
16
Co.
(Adolf)
Gorham
Feb
110'/a
53'%
16
common
Jan
Jan
200
115
Jan
16
(A C)
Goodman
Feb
6'%
Preferred
Feb
Feb
Jan
110%
Yellowknlfe Gold Mines.
Gilchrist
Feb
1131/4
preferred.
Gilbert
Feb
Jan
89
21%
Public Service 86 preferred—*
Georgia Power $0 preferred—
$5
Jan
24
104
27 >%
General Shareholdings Corp cor
Jan
Feb
Feb
13%
4%
23
20
"53/4
Jan
Feb
53/4
78
1,500
3%
Feb
Mar
12
12,100
3%
*
Jan
reg
see
Mar
"8'%
11 %
104
For footnotes
25
23
Jan
30'%
.10
ord
Jan
6%
Stores
Goldfield
263%
Dunlop Rubber Co Ltd—
Am
Mar
23
19'%
(Geo A) Co.
cony stook
35i%
12
Feb
3
200
333/4
17
x67%
—
Co
97%
Jan
5C0
7,000
11
10'%
71
Harris
Power
73%
8'%
37%
2%
107
100
Ltd.
Draper Corp
Apr
26'%
347%
Ltd
Co
Feb
30%
247%
8 3%
Apr
1,000
3%
.25
Feb
2%
Feb
3
6%
Fuller
2'%
1057/e Mar
—
B.
Co
12
Jan
28
600
&
10 3/4
Co Ltd..
Chem
100
18
,;>2%
34%
14
class A.
9'%
ltf Mar
2,200
8
Great Northern Paper.
30'%
1
Credit Corp
200
2'%
30%
24
pfd
cony
Franklin
Hearn
Dobeckmun
XlO
2i%
30'%
3
.
-
dep rote hearer.
Brewing Co.
Fox (Peter) Brewing.
Franklin Simon St Co Inc.
Feb
33
22'/4 Mar
40
200
£i
common
Feb
Jan
Amer
7 *
•
—80c
Jan
2%
Fort Pitt
6'%
Apr
6,000
6>/2
10
Devoe & Raynolds Class B
Diana Stores Corp com
Distillers Co Ltd—
>
Divco
1
12
19
Godchaux Sugars
Class B
X4%
24
"1
Foundry
111
Jan
voting.
Gobel
103/4
100
Detroit Gasket & Mfg new com
Detroit
Feb
8%
Motor of France—
Feb
Apr
250
23%
common.
108%
Mar
l3/4 Mar
■mm
111
debenture
Derby Oil Co
Feb
Apr
50
200
19%
Feb
Apr
1,800
23
8
43/4
23
Jan
Jan
4,300
„£/
JEl
ord reg.
10%
7%
Mar
43/4
22%
35
16'%
45
Feb
Feb
Mar
1'%
,,Ar
1
1
Gypsum Lime St Alabastlne
common
21
Jan
97%
Class A non-voting
14%
10
43%
&oc
a
7'%
Apr
3% Mar
800
>
Globe-Union
18%
6%
common
Mig
148
Jan
5%
17
1%
50
Name
Denulson
33%
— —
,
Feb
8'/a
Dayton Rubber Mfg Co
Delay Stores
130
400
200
50'%
Feb
173/4
-2 JO
changed to
Dayton Rubber Co class A
600
5%
19%
Jan
93%
12%
23%
x4%
23%
Inc.
Jan
17%
Apr
93%
>14%
317%
900
2,50
Mills.
Brothers
9
127%
(M H) Co—
Non-voting
Davenport
x7% Mar
Ford Motor of Canada-
Giant
D
Davidson
Feb
800
26,600
:.,!%
—I'
Jan
1,400
23%
8
50
morn
<
St
1% Mar
253/4
18
♦
Lighting Inc common
Curtis Mfg Co (Mo)
Jan
75
Gladding McBean St Co.
Gleaner Harvester Corp.
Glen Alden Coal
Glenmore Distilleries class B_
X4%
100
common
Curtis
2,800
2,400
.5
Sugar
preferred
Cuban
10%
2
Ho
preferred
Cuban
29%
10
.♦
Cork
44
2,500
..
28%
Crown
Feb
300
•
Feb
4%
Apr
12 7/a Mar
77/4 Mar
8
1
Jan
67
Feb
3/4
(ord reg)—£1
(Md)
72
Jan
5%
237/4
Petrol
140'%
3 5%
5* to $1 Stores.
Jan
4,600
Cent
Jan
57
Jan
Ford Motor Co Ltd—
General
9%
Crowley Milner & Co,
61
23
Corp
div cum pfd
Feb
9%
Crown
75
49
Engine J1 Airplane
Fishman
Jan
9Va
Creole Petroleum
Brewing Co
Crosley Motors Inc
Jan
400
48
York
Jan
Courtaulds Ltd—
American
2 3%
Jan
Mar
Mar
21
Fedders-Quigan Corp
Fire Association (PbRa).
9%
•
60
671%
44
2
.10
Falrchild Camera St Inst Co
85>/4
Apr
1,800
1
preferred
Feb
Jan
800
.50
Falstaff Brewing
Fansteel Metallurgical.
llO'/a
8 >/a Mar
75
25%
1
•
common
8'%
14
5%
19%
—
Mar
108
400*
1,300
23%
common..
si pid class A
Cosden Petroleum
73%
12'%
140
.1
pfd—100
Equipment—
_fl
Equity Corp common—
10c
$3 convertible preferred
—1'
Esquire Inc
1
Eureka Corp Ltd
1
Eureke Pipe Line eommon
10
Derrick
Jan
233/4
Bo
Corroon & Reynolds
48
pfd
Co commoi
Jan
13 V*
Mines..
59
7%
12%
preferred
General
Coro Inc
66 7.4
57'%
warrants
Electromaster Xne
833/4
300
♦
63'%
46'%
St Light 2d
Power
Option
118'%
23/4
—1
~2%
58
»-
~2
66'/4
a
Electrographlo Corp
Mar
23/4
10
-•
Cooper Brewing Co
eopper Range Co—
84'%
62
357%
Electric Bond St Share common.
115% Mar
*
8 3/o
75
75
1
Cook Paint & Varnish Co..
97%
87
63
Jan
17/4 Mar
lOo
Consolidated
Consol
150
38
1
5
Smelt Ltd
Apr
84%
3
Apr
800
116% 116%
.75%
100
Consolidated Mining &
Jan
800
•Ps Jan
l3/a
38
100
Consolidated Gas Utilities
4'%
3
Feb
47%
323/4
l3/e
1%
•
•
B
preferred
preferred series C
4*
32
347/e
8 7/a
•
Consol G E L P Bait common—
4% *
Jan ;
Feb
1%
1
$3 preferred
Mar
3
Sugar Associates—
Gatineau
1956
Conn Gas St Coke Secur
323/4
32
32
28
4
Jan
Feb
Jan
25
.
Inc
Feb
15%
Apr
137/8
5'%
45/8
Arms
Feb
4
31
51/8
Jan
Jan
9%
30%
—5
93%
Apr
_1
Fire
Hotel
Feb
37%
Commonwealth St Southern warrants-
Commodore
Jan
Mar
13%
Colorado Fuel & Iron warrants
Colt's Patent
Feb
Mar
15
IO1/4
7.80
capital stock
Feb
172
300
3%
—
Feb
88
——1
Inc
Mills
32%
177
Jan
12%
mom
Development ordinary-
Colonial
Jan
12% Mar
10
121/4
11%
Airlines
148
Jan
167%
Feb
-
I3/* Mar
Jan
3,500
Cockshutt Plow Co commonColonial
25
Apr
24,100
16%
"2%
•
—
30
105
173'%
167% 167'%
12'A
4
—.100
Co
460
28
171
*
1
Clayton St Lambert Mfg
Cllnchfield Coal Corp
Club
283%
172
300
127
110
mm.
——1
—-
Inc common
Claude Neon
237/4
22
preferred
——*
60c preferred B
———•
86 preferred BB
*
City Auto Stamping
—
8
City St Suburban Homes
10
63%
Apr
Jan
18
1,900
22'%
$6
Apr
141%
Feb
"3%
57%
500
G3
Easy Washing Machine B
Emsco
1,500
85'%
preferred-
5%
53%
14%
-25
$6 preferred carles B.
Elliott
Feb
5'%
3
Corp—
High
18%
Jan
14'%
.100
Malleable Iron.
$5
Low
16
»
.
Range Since January 1
High
Jan
110
Cities
Feb
Jan
11
64
—
preferred
'/a
233/4
16
—100
Co
Mar
16% Mar
56
—8
IChllds
Feb
Jan
16
—10
8
10
—4
...1
of
20
102
56
America
Co
Charts
Jan
Jan
10
16,100
16'%
Corp common
Cherry-Burrell common
Chesebrough Mfg common
Chicago Rivet & Mach
Chief Consolidated Mining
Chamberlin
Feb
*3%
—100
1929
common
16 '/a
963/a
101
18'%
1
100
Central Ohio Steel Products
Jan
90
Shares
b 1%
Empire District Electric 8*
Power Co—
Maine
Cent
for Week
.100
prior preferred.
preferred
Eastern
Eastern
Sales
Range
of Prices
Low
•
1
Duro
6*
Week's
Last.
$7 preferred scries A.
common—
Carolina P & L $5
Carr-Consol
700
12
11%
Curb
Par
Durham
4%*
IP/4
1
Capital City Products
Carey Baxter & Kennedy
St
Feb
-100
preferred
Canadian Marconi
7%
Carman
Feb
20
Alcohol-
voting
—-—Class B non voting Canadian Industries Ltd—
A
York
Jan
20
preference
6'%%
Canadian Industrial
New
Mar
53/4
Jan
22%
Cement Co Ltd common———
Class
8
10
4
Bread Co Ltd
Canada
Jan
9
1,400
0
Friday
Sale Pries
STOCKS—
High
Mar
2,900
4>%
1
Canada
•
6%
9'%
9
-10
Corp.—
Insurance-
Fire
Low
High
l
Sugar Estate
Electric Power—
Calllte Tungsten
Range Since January 1
Shares
of Prices
Low
Par
for Week
Range
Last
Sale Price
Curb Exchange
EXCHANGE
ENDING APRIL 11
Sales
Week's
Friday
STOCKS—
New York
Monday, April 14, 1947
37
•V /
.
V:
V
>
Volume
Number 4585
16S
THE COMMERCIAL & FINANCIAL
CHRONICLE
NEW
YORK
CURB
RANGE FOR WEEK
Friday;
stocks—
New
York
Curb
;
Week's
Last
Exchange
Horder's
Inc
Low
_•
.
Shares
Friday
stocks—
Range Slnoe January 1
High
Low
(Geo a)
&
5 ft
Hardart
High
Oil
&
Hummel-Ross
Hurd
Lock
&
$2.25
Com stk
1st
Mar
181
Feb
39% Mar
30%
Refining
Fibre Corp....
Mfg Co
j-—
57
58 »A
57
1-5
30 Va
6%
700
Mar
25
—1
TV-
Feb
32%
Feb
Apr
9%
Feb
10%
600
7%
Feb
47%
Feb
Jan
45
125
9
28%
Jan
225
11
—
I'A
"3'A
conv
15
Feb
Preferred
Jan
10%
Feb
Jan
Mloromatic Hone Corp
51%
Feb
3%
Feb
49%
Jan
Apr
Oil
Steel
Dividend arrear ctfs
Illinois Zinc Co common
1%
Co
International
31
Jan
64
15%
16
1,700
15%
Apr
18%
18%
18'a
19
700
17
Jan
21% Mar
Co
$1
6%
11%
12
11%
11%
♦
11%
1,000
100
5
20
100
20
dividend
shares
100
500
50
97%
97
110
10
97%
108
90%
90 %
Oil
Jan
Midwest
Mid-West
Refineries
Miller Wohl Co common
Co
14
Feb
Missouri Publio Service
Jan
14%
Apr
21%
Jan
Monogram
Apr
Monroe Loan Society a
Montana Dakota Utilities
105%
Jan
94
Jan
104
Mar
550
92
Apr
111
99%
Feb
111
Mar
p
100% Mar
l
&
5%
pfd
Moody Investors
Apr
21
Jan
Morris
Jan
67%
Apr
——
__
26
26
100
26
Apr
29
Jan
Mountain
International
Safety Razor b
International
Utilities
Iron
12%
13%
13
1,800
Feb
2% Mar
5v8
Jan
Muskogee
200
1%
3,400
20
20
20%
350
5%
5%
200
1%
'1%
1,200
1
♦
—
lVa
5%
Apr
22,%
23%
20,300
18%
Jan
24%
Feb
10 y2
11 %
325
7v8
Jan
llv'a
Apr
29 %
Feb
28'a
31 'a
325
28»a
Apr
33
4 Va
4V4
300
3%
Jan
12%
Jan
11%
Apr
12%
V4
13%
14
1,800
15
16 Va
2%
2,200
1,500
7%
Apr
30
Class
A
Julian
Co common
Jan
Mar~
19
5%
1%
&
17
1
17
4%
1
3%
common
18%
4%
2,000
7%
Jan
17
8
:
8
preferred
Kokenge
10 'A
Co
.10%
,*
—
10%
28%
28'%
29"%
Corp
x
Kansas Gas St Elec 1%
pfd
1,700
8%
Apr
2,700
4
Apr
5%
700
3
Jan
3%
Jan
12%
12%
600
12
Mar
•'15 y2
Jan
12%
18'A
21%
21%
21%
36
36
36
11
4%
100
4%
2,200
4%
5,100
1%
8%
Jan
33%
800
preferred
10% Apr
24ya Jan
18%
18
'Jan
26
Jan
9%
Feb
125%
Feb
26% Mar
Apr
Feb
26
Jan
9
32
32
•
14%
73
1
Kir by
1
1
Petroleum
Kirkland Lake g m Co Ltd
Klein (d Emil) Co common
Kleinert (i b) Rubber Co.
—
1
1ft
19»A
7%
6,600
111%
500
22
8%
100
491/8
15%
15%
—
110
Apr
138%
21
100
21%
Jan
24 y2
Feb
21
21
21%
1,100
16 y2
Jan
24
Feb
11
ny8
300
Feb
12'a Jan
13%
14%
—
13%
13%
Jan
Feb
Lake
Shore
Lakey
Mines
Ltd
Lane
Pressure
Wells Co
common
•
Monotype Machine
La Salle Ext
University
Lefcourt Realty common
Prior
Oil
Line
Material
y
Auction
y
&
y
Brothers
Loblaw
Class
Locke
23
Jan
Jan
n y Shipbuilding Oon>—
Founders
shares
18
Jan
10
a_
Noma
North Amer Light & Power
Jan
13%
13%
Apr
16
Feb
——•
North American Rayon class a
•
7
Jan
25
800
16%
17
500
21
22
1,500
23
Jan
Mar
15% Mar
12
~8%
2
29
~8%
100
18
23%
1
10
18%
18%
1
8%
%
ctfs
of
ctfs
of
dep
St
Exploration
7
800
%
dep
b
350
8%
.
a
24
6% ~
dep
preferred
18%
2
Penn
rr
-j
—
co—
Feb
Northern Indiana Pub Serv 5 ft
Northern
32%
Jan
Jan
11%
Feb
Northrop Aircraft Inc
Novadel-Agene Corp—
31
29
Apr
26
9%
Jan
Jan
94
Mar
12%
/ft
—
62%
;
31%
Jan
102%
700
Jan
Apr
120J/2
Jan
8»/2
Jan
700-
A 100
~
5% Mar
1,100
2,700
4
1%
1%
1%
700
1%
72
"
200
■■'•v
35
100
17
15%
Jan
67%
Jan
6%
v
Mar
Feb
Jan
Jan
;82
10%
Jan
Jan
-
2%
Feb
Mar
8%
300
Apr
Feb
Jan
12ja
4%
\;
Feb
47 Va
Jan
21 ys
Jan
13%
Fib
13
13
100
10%
Jan
60%
63
440
51
Jan
63
Feb
8%
9
21,300
Apr
10%
Jan
8%
119%
119
312%
111% 132%
120'a
%.
%
8%
1,550
310
Jan
111
124
Jan
Jan
115
1,400
% Mar
117%
1%
Jan
800
7»
Va
8% Mar
10 'A
Feb
9
9
9
12%
13%
2,800
11%
Jan
15%
12%
12%
300
10%
Jan
13%
1%
1%
2,100
Natural
16
16'a
1% Mar
Jan
Feb
Feb
Jan
2
2,300
15% Mar
Jan
Feb
350
35%
100
35%
Apr
40 y2
Jan
35%
35%
200
35 y»
Apr
Jan
40
Feb
10%
11%
6%
Mar
13
1,800
73a
166
6
"fti 10
1,000
5% Mar
97%
108
50
52%
40 y2
8%.
3,500
7%
7%
27%
29
Jan
Jan
7%
Jan
99 y2 Mar
110
Jan
46
500
27 ja
5%
Mar
[58
Jan
37
1,875
38
Feb
Feb
176
xl06% Mar
25
108
49%
Va
38
Jan
Jan
3%
6%
25
—
liy8
5,400
35%
20
——1
20%
93/8
173%
173
pfd.100
Gas
17
8%
8%
173
Jan
7•
Apr
Feb
9% Mar
Feb
27'a
300
46%
31%
Feb
Feb
0
Jan
8%
Apr
11%
Jan
% Mar
1%
Jan
11,300
79%
71
13%
14%
7,800
111% 111%
40
100
125
19%
Jan
Jan
Jan
70
19
16%
10%
Jan
9%
1,600
U
Feb
13
-
Jan
19%
79%
19
6% Mar
5%/ Jan
Feb
81
4%
---®2
Northern States Power class a
Jan
Apr
600
78
Mar
90
Jan
69
Mar
82%
Jan
Jan
14%
Feb
11%
111
15%
Feb
Jan
Ogden
Corp
Ohio
113
19%
Jan
Feb
Brass
Ohio
Power
Oklahoma
Old
common
Co class b
4%%
Natural
Poindexter
Oliver
United
50o
common
new
1%
ft;. 35%
b
1
31
6%
6%
1% Mar
2,100
75
•
—
com—15
Distillery
Filters
1%
35
100
preferred
Gas
1%
*
-
31
112
V.
32%
30
400
6%
600
*
M —
'
Jan
Mar
2%
Jan
37% Mar
Mar
116
37%
Jan
Jan
8%
Feb
12
Jan
12l/2
Jan
12%
Jan
13% Mar
6%
"
Jan
1
12%
12%
50
o'okiep Copper Co Ltd Amer shares—
11%
12%
300
10%
Jan
12%
Feb
14
141/a
200
14
Apr
16
Feb
10%
11
Feb
Omar
Inc
Overseas
1
Securities
M
Manatl
Mangel
Sugar
Stores
Manischewitz
optional
warrants
common
(The
R)
——
—1
Consolidated Mfg Co
Marconi Internat Marine
Communication
Co
Massey Harris
McCord
•
Corp
-11
•
v
t c
common
&
see
100
14
46
46
200
46
2%
Feb
Mar--
4%
Jan
20%
Jan
—"mm
16
18
— -
•
1
page
37
Apr
55
Jan
5
Mar
Pacific
Can
Co
common.
1st pfd
preferred
Pacific Lighting $5 preferred
Pacific Power & Light 7% pfd
5 y2 %
1st
10%
4%
Jan
8%
8%
90Q
8%
Jan
10%
Feb
1%
——
•
Co
For footnotes
300
Pacific Gas & Elec 6%
48
1
♦
common
preferred
McWiliiams Dredging
Johnson
.
•
$2.50
Mead
2%
14%
/
Lt
Power Shovel
Mass Utilities Association
2%
14%
.
Mapes
Marion
„
•
rn
1%
400
1%
Apr
2y8
Feb
20%
Feb
preferred
Page-Hersey Tubes common
21%
Feb
Pan
—
16
—
17 y4
700
16
Apr
17%
19V2
2,100
13%
Jan
41
41
50
39%
Jan
10%
10%
400
9%
Jan
27%
Apr
27%
28
Pacific
$1.30
Public
1st
Feb
American Airways warrants
Pantepec Oil of Venezuela Am shs
11%
Feb
Paramount
33%
Jan
Parker
.45
Motors
'
800
Service
Pen
Co
Corp
•
25
25
•
100
*
•
•
—
—
41%
—
—
—
—
—
—
2 Va
10
1
—5
—
__
600
'10%
Apr
12%
40%
1,600
397/s
Jan
41% Mar
37%
100
35%
Jan
38y2 Mar
41%
37/a
102 % 102Va
114
27'A
--
105
Jan
115
Feb
15
--
27%
102% Mar
113
12
--
10
20
114
Jan
Feb
,
J Mar
--
2Va
9%
100
a
28,000
10%
10,300
2
—
37
27y» Mar
Jan
3%
Jan
91% Mar
12%
Jan
2
11
--
35
271/4 Mar
250
'
•
Apr
7'a
4%
-5
OiT
Texas
Feb
Jan
10 Va
1,375
•
Utility Securities
Airlines
26%
Jan
13%
•
Corp
American
Jan
23%
Feb
Apr
61
-*
common
Northern Central
North
16%
70
Louisiana Power St Light $8 pfd
North
b
Northeast
Jan
2,100
79%
1
Mar
Class
Apr
8%
12%
62
62
common—1
21
31
5
of
Jan
44% Jan
——1
Electric
$6 preferred
30
21%
•
Chain
6
preferred
Louisiana Land
Lynch
Feb
Jan
29
b
Common ctfs
1%
16%
Jan
21/8
:
Feb
34
23%
6
—
12%
30
1%
Apr
13
'i-
1,200
84%
102% 104%
5%
6i/s
103
~i%
Apr
9% Mar
100
17%
Jan
44
600
8
10
32
2,400
11
13%
37%
26
'1%
ivi
ft
7% Mar
—•
*
Feb
Jan
14
28'a
—1
•
—
Mines
Feb
24
14%
2%
,
4,200
13%
17%
25
•
Logansport Distilling Co
Lone Star Gas Corp common
Longines-Wittnauer Watch Co
Long Island Lighting co—
Niles-Bement-Pond
Jan
Mar
•
Jan
V/a
10%
———.1
Nineteen Hundred Corp b
Nipistlng
*t4
Feb
8,100
37
pfd
—100
Niagara Hudson Power common
1
6% 1st preferred*.
——.—100
5% 2d preferred
100
Class b optional warrants
Niagara Share Corp elass b com
1
.'
'
1%
"5%
75
100
11% Mar
.— 10%
17%
27
1%
•
class
15% Jan
9%
ft
2,700
,
37
-32,
25
common
Jan
Feb
39 3a
"
*
n y Water Service 6%
Feb
Mar
14'A
13%
——10
Rosario
10%
Feb
33
200r
—•
.—10
common
Honduras
Merchandise
6 % Mar
5
Groceterias
Steel
400
Co
•
Apr
8
Feb
Jan
2%
\
.
—1
Feb
14%
14 Vz
18
:iy4
•
A
10%
1
Mining Co
n
15%
15%
Arizona Land
Jan
15y8
Mar
Jan
*3
—•
—.20
—..25
13%
1
_
preferred
Jersey Zinc
26%
25
Co
Clock Si Watch Co
n
Jan
15%
—.100
conv
n
Jan
5
-
England Tel Si Tel
Park
Jan
Mar
11 %
82%
&
Feb
45
11
1,000
82%
Haven
Feb
4'a
Apr
12 %
England Power Associates.—
•
preferred
—.100
$2
preferred
6 %
4% %
Feb
v 7
13% Mar
,
New
32
-
26%
'
12
7'A
Feb
5%
__l
Corp
Lipton (Thos j) Inc 6% preferred
Lit
8
New Process Co common
12%
39%
24
———0
New
13% Jan
Jan
3% Mar
700
'/ 11%'
.
7%
Feb
15 % Mar
35%
*
19%
6%
12
rv/4
Corp
Feb
900
400
35
,35
11%
1
class a
Feb
1ft Feb
.
'il3Ya
common
New
15%
Jin
5%
•
80c
6
200
*
Development
Inc
(r g)
Lionel
15%
—
5
preferred
Tourneau
Radio
.12%
1,800
8% :y 8%
•
Mines common
(Herman)
11%
16
12.50
:v—v
New Mexico
§3%
6
8'A
1
b
Leonard
Nelson
Neptune Meter
25%
8%
?.
com
—4
Feb
13%
■ft 6%
6
5
Lanston
Le
Cooker
Transit.*
Nesle Le Mur Co
300
200
1
National Radiator Co
Apr
20
—1
common
National Rubber Machinery
National SteelvCar Ltd.a...:—
Union
—
——•
Fabrics
17%
12%
—
—
1
Langerdorf United Bakeries class a—•
Class
Gas
Mallinson
New
13%
1
Foundry & Machine
Corp of Delaware
Lamson
Feb
25
...
Feb
ft
L
xll
500
Feb
-A
8
124
•
4.400
13%
13%
•
common
Jan
■■f
Laclede-Christy Clay Prod
Mar
125
21
common
87%
1% Jan
19%
1,500
100
37
Jan
124
*
69
4% Jan
2,200
20
Apr
2%
Mfg & Stores
17% Jan
x8%
1
Jan
3,200
mm
22
—x
Co
13%
n%
1ft
19 'A
1
Kobacker Stores
5
Mar
11%
10
•
mm
1,300
4%
—
10
10
Knott Corp common
15~
14%
Apr
60
—
30
>'■
21
-100
12%
Feb
Jan
6%
11
108% Mar
100
100
King Seeley Corp
Kingston Product#
Brewing
6
Apr
123% Mar
100
100
pfd b
preferred d—
Jan
Jan
"
13%
National
600
5%
2%
Apr
7,800
10%
Apr
21/8
10%
—
Hess
preferred
Feb
200
Jan
1%
10
6%
7
Feb
9%
39%
Feb
11%
23
39
17%
3,550
39%
3%
19'A
7
Apr
Feb
35 % Mar
Feb
•
New
Kings Co Lighting 1%
Krueger
181/4
11
5
Feb
Feb
190
185'a
8,000
National
*
(Walter) Si Co
Kimberly-Clark Corp—
11
8%
6
National
10
Mar
3%
3%
National
27,600
30
1%
common
National Tunnel &
6
6%
1231/8 1231/0
Mar
4%
6
Feb
20% Mar
5
Kldde
8 %
--
27
8%
3%
Jan
•
Kennedy's Inc
Key Co common
4%%
6
100
„
Mar
3%
6
7%
K
Kalser-Frazer
106
4
3%
National
Kawneer Co__
Jan
Jan
8%
1
22%
500
10
4
•
Apr
\ —
...
Feb
38
7% Mar
450
1
Jan
,
Feb
Mar
N
1,400
t
Feb
9%
200
Nachman Corp new common
4%
'
3%.
.
Jan
3'a
Feb
1%
1,000
5%
3
1
17 V*
Apr
105
Feb
Apr
lVa Mar
*
Stores
Mar
15
Jan
22%
National Fuel
1
Lake Sulphur Co
Apr
Jan
1%
1%
Brown
14
10 Va
common
National Breweries
Jim
Feb
4% Mar
2'/2 Mar
200
8
Namm's Inc
Jefferson
£
Jan
22
Co
National Bellas
Jeannette Glass
-
Feb
60
common
15%
22%
Irving Air Chute
Power
12% Mar
22
Jan
Apr
10c
Murray Ohio Mfg Co.
Muskegon Piston Ring
1,500
19%
3%
16
-10
Mountain^States Tel & Tel
22
1%
Italian Superpower a
States
Feb
400
3
1%
America
of
Feb
*
Royalty
1
Mfg voting trust ctfs..1•
Corp
15%
11%
Fireman
Plan
15%
2%
3,000
16,900
8
—*
Mountain City Copper common
Producers
Apr
11%
Apr
Jan
Feb
Feb
5%
35
•
p«alio pfd
Apr
2%
Feb
2%
12%
14y8
Mar
9%
900
Jan
20%
•
12%
11%
11
2% Mar
10
13%
6
13
5
200
9%
1
a
600
13%
2,300
—1
100
13
13
*
common
Interstate Power $7 preferred
Investors
12%
—
2%
10%
Jan
Feb
4%
—1
common
Mountain
__
2 vk
lova
6v4
50
27% Mar
•
common
Montreal Light Heat & Power
58%
*
10%
Feb
Mar
*
17%
10
Jan
10
100
Corp
Pictures
Montgomery Ward
700
shs__♦
9
Jan
Feb
20
200
coupon
400
9%
7%
Jan
17%
Products
6%
2]/2
11%
64
Petroleum
Jan
Jan
6%
Apr
5
7%
Minnesota
17%
shares
5%
•
45
6%
2%
Feb
63%
Registered
200
Jan
110 %
109
—
14 %
17%
International
6%
7
Mar
4% Mar
'5%
■
.ft—/
1
Jan
63%
International
1,400
50e
11%
50
♦
5%
4%
200
18ya
29
10
Apr
International Hydro-Electric—
Preferred $3.50 series
a
Feb
Jan
17% Mar
Jan
,150
'
conv
•
Metal Industries
15%
6%
—
Piping <te Supply com
Jan
Machine
International
200
-
22%
•
6%
80
93 Va
'
7
3%
'■v
5'/a
..50
Feb
6
40
110
17
•
common
Molybdenum
20
108y2 111
—
Apr
—
preferred
50
Mining Corp of Canada.—..*..—..*
" 1,000
6%
2
—
Abrasive
Midwest
Feb
8,000
20
pfd
conv
12%
6%
America
High
Jan
2%
Products—
non-cum
4%%
11%
100
North
Cigar
Jan
57%
£1
4%
pfd
preferred
6%
of
27%
700
•
preferred
Insurance
2,800
63
81
„
Indianapolis Pow & Lt
Indiana Service
30%
62
*
Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain &
Ireland
29%
Corp
5%
110%
10 Va
1
1,500
6
...
Middle States Petroleum class a v t c.1
Class b v t c
1
Middle West Corp common
6
62%
__
r
10
Mid-West
50
Imperial Chemical Industries—
Am dep rets regis
Imperial Oil (Can) coupon
Low
6
110
110%
yy1;,4%
Mar
15%
preferred
Range Since January 1
High
17
Participating preferred
—*—..16
Michigan Bumper Corp.———————i
Michigan Steel Tube
2.50
9%
Michigan Sugar Co—2%
$2
6%
Shares
2
—
-
100
3
500
39
•
l
■
,
45
,
—
common
for Week
5%
2%
& Scott——
Metal Textile Corp.___.____—_25o
Mldvale
Co
Low
5%
1
preferred
Iron n*
Midland
Power
common.—i
a
Midland
Illinois
^
•
Sales
Range
of Prices
Sale Price
—
Jan
461A
3%
61
Jan
6%
20
11
— —
-—
Messabl
200
25%
—1
preferred————
6%%
Feb
46
purch warrants
Hydro-Electric Securities
Hygrade Food Products
Jan
33%
56
Gas
Warrants
115%
Jan
700
6%
23%
»
common
Feb
Mar
2,100
6%
•
43
Natural
Menasco Mfg Co
Merrltt Chapman
29
100
23%
—5
common..
30%
29%
*
preferred
Huyler's
Apr
113
—
5
Inc
Hussmann-Ligonier Co
40
•
IlOO
(Harvey)
Humble
Jan
172
preferred
Hub bell
Par
Memphis
37
common
•
--
& Co common—
Born & Hardart Baking Co
Horn
Week's
Last
New York Curb Exchange
—
Hormel
EXCHANGE
ENDING APRIL 11
for Week
of Prices
Par
35
Sales
Range
Sale Price
(2027)
Jan
15%
Feb
35
Mar
52%
Feb
1
EXCHANGE
CURB
YORK
NEW
APRIL 11
RANGE FOR WEEK ENDING
Last
:
York
New
•'
,
$1
preferred
cum
Pennroad Corp common—
Penn-Dlxie Cement warrants
Penn Gas Si Elec
Penn Power
Si
Traffic
Penn
class A
Gold
*
L E
Polaris
Pressed
Producers
Corp
Providence
of
1st
6%
Jan
69
Southern
14%
9%
Jan
Southland
5C%
Feb
Spencer Shoe
11%
9%
12
8% Jan
5,300
Btandard Cap & Seal common
12%
400
107/b
Jan
13%
900
15
Apr
21%
Feb
19
19
"3%
3%
!7(T
"3%
1,100
46*/* Mar
52 %
52%
1,740
54
+
Jan
51% Mar
9%
9%
"350
S'%
x5%
x5%
100
5%
16
200
15%
...
5%
15%
1,500
12
100
300
—
—
'
40
40
43
550
%
%
61
1
•
82
83
190
11
11%
400
Standard
Feb
Jan
Starrett
32
43
29'%
Apr
Apr
8%
8'A
500
7
24%
24'%
700
6%
6%
6%
600
7
7%
200
1%
1%
19
16%
1,800
32
—
32
200
1,500
3%
11
ll'/s
600
29%
2%
29%
30%
1,700
2%
2%
4,800
2%;
2%
700
19
2%
4%
4 %
4%
6%
C%
7
Apr
17%
Jan
Sunbeam
8%
8%
Apr
8%
Feb
Sun
109
10
108%
Jan
109
Jan
Superior Portland Cement,
Superior Tool & Die Co
80
112%
Apr
119
Mar
Feb
150
29%
29%
200
25%
13
14
500
13
9%
166
9%
9%
92%
300
490
94
130
166%
165
30%
Jan
Corp
12%
Feb
Feb
300
37/«
Jan
4%
2,200
6%
Apr
9%
Feb
Feb
77%
Feb
27%
Feb
22
23'%
300
22
Jan
27'%
200
27
Mar
7%
500
3%
3%
1,700
10'%
ll'/s
1,400
6% Jan
3% Apr
10% Mar
'
7%
14%
Roller Bit
11%
Regal Shoe Co_
Reliance Electric
Engineering—
3%
20,900
17%
Corp
Power
Oil
Jan
96
Jan
Inc
3%
3%
325
170
Feb
Thcw
18% Feb
Feb
17
19%
Apr
125
34
Tilo
...
&
7%
& Light
30%
30%
31%
14%
15%
55
8%
70
9%
21,000
21
7
300
9%
9'%
14
14
15%
35
36%
19%
12%
13%
12'/*
Apr
20% Mar
Jan
Trunz
Jan
8 % Mar
20%
27
500
25% Apr
1
2%
2
2%
7,500
32%
Art
Metal
6%
106% 107%
29
.
100
29%
100
Root
Petroleum
Co__.
25%
800
15%
15%
1,600
4'!'
"*7%
1
Rotary Electric Steel Co
Royalite Oil Co Ltd
18
10
-
4%
7%
300
7%
2%
900
200
-1
5%
5%
5%
25
9%
9%
10%
Inc
Realization
Ulen
St.
Regis
Corp Ltd
4%
30%
Feb
Union Investment
16
Feb
Union Stock Yards of Omaha
Paper
•
Salt Dome Oil Co
Sayre & Fisher
Co
Schulte
(D
Aircraft
Co—
United
Chemicals
United
Scullin
Steel
Jan
18
24%
Apr
Feb
Jan
187/a
Jan
14
Feb
67/a
5% Mar
6
11
Jan
57/a
3% Jan
Feb
Mar
I
A
Convertible
Corp class
Seton Leather
;
4
4%
1,200
4
Apr
300
28
Mar
33
4%
47/s
400
10%
37/a
200
18%
18%
200
3%
3%
23%
23%
16%
common
dep
100
Breweries
,
convertible
preferred
Amer
dep rets ord regis
8ioux City Gas A Elec Co—
CD% preferred.,——
Smith
(Howard)
Paper Mills
Solar Aircraft Co__
Solar Manufacturing Co
1st
Feb
United
Universal
3
21%
Jan
20%
Jan
Feb
24
.
Radiator
Stores
common
Consolidated
Products
Universal
Feb
15%
Jan
21%
Jan
89%
50
88
Jan
90
Oil
Co
common
Utah-Idaho Sugar
13% Jan
4% Feb
„2% Mar
9
9%
900
9
Apr
3%
3%
3%
300
3%
Apr
1%
1%
1,100
1%
Jan
2
II
Apr
Jan
17'A
27%
14%
24%
19%
9,000
50
19%
25%
50
25
600
50
1,250
12%
12%
70
69%
71%
46
46
46
Jan
45'A Mar
23% Mar
19%
Apr
Jan
Feb
29
Apr
Jan
Feb
Apr
21
Mar
Mar
28
Feb
Mar
277
7% Mar
299%
Feb
3%
Feb
1% Jan
13% Mar
Jan
10
30
17%
18%
2,300
16 %
18
16%
100
"2%
1,900
2%
2%
88%
89%
475
14%
15%
1,400
3'/a
14%
3%
600
63% Mar
71%
Apr
45%
Feb
47
Jan
11%
Jan
147/a
Feb
17% Mar
23%
Jan
15%
Jan
17%
Feb
2'A Mar
3%
Feb
Jan
89%
Jan
82
14%
18%
5
Mar
3
Apr
Feb
Feb
28%
75
21%
29%
150
2,900
4
Jan
3% Feb
26% Mar
2,100
3
3
21%
26% Mar
21% Mar
23
27/a
5
•
4%
37/a
Apr
21'A Jan
22'%
900
10 Va
10%
2,800
9% Mar
70
Jan
32% Mar
Jan
24
3%
21%
101'A Mar
10 '/a
Valspar Corp common..
$4 convertible preferred
Feb
104%
Petroleum
Venezuelan
14% Mar
Venezuela Syndicate Inc.
6
2%
2%-
"
12%
Manufacturing
——
3,900
12%
5%
.
Vogt
:
104'/a 104%
5%
12% Jan
3% Mar
7%
Mar
2.400
2%
Apr
'62"
Jan
22% Mar
Feb
Jan
22
1
5
%
16 %
15%
23%
Feb
Jan
Feb
Jan
300
9%
'
Mar
8%
1,900
Jan-
3%
11%. Feb
4'/8 Mar *
15,400
12%
•
50o
10
—10
10
:
12%
300
3,200
2% Apr
8% Jan
7% Apr
6'A Jan
3% Feb
...
Apr
3%
300
4%
2'/4
*
common
Universal ^Insurance——
4% Jan
82%
11%
6%
4%
500
„
11% Jan
25%
1
Jan
50
22%
19 %
•
preferred with warrants
4%
100
800
5%
2%
12%
6'A
Feb
12
24
3'A
14
Jan
14
157
Feb
108
Jan
110% Jan
27
Feb
Jan
Feb
ill v*A
Feb
133% Mar
Feb
■
Janj
Jan
Feb
126% Mar
Jan
4% Feb
Apr
10%
139% 141
1,000
97/a
27
W
•
*.
13%
13
-14
400
"Apr
13
17
Waco
Feb.
Wagner Baking voting trust ctfr ext.—*
1% preferred———
—
100
1
100
39
-
7:r
270
7
270
-
*
*
7%
284
1,200
'
-180
Jan
6% Mar
270
Apr
r
.
$2
39% Jan
Ward
£1
5% Jan
—*
1
1
100% Mar;
124
Apr
5% Jan
'
9%
Apr
Texas
$6
preferred
:
100
21
Jan
27;'
8
8
9 vj
900
3
Apr
12%
5%-
6%
4,300
5%
2
1,400
2
Apr
Jan.
7%
2,000
2
7
Feb
Feb
2%
..
11
1
.
Feb
8%
Jan
m
113% Mar
•
11
Feb
Apr
Western Maryland Ry 1% 1st pfd—100
Western Tablet St Stationery com——*
110
20
30
Coke—'-9
:
"
Feb
8%
•
25
Coal
5% Feb
1,300
1Q2
Westmoreland
113% Apr
Jan
4%
West Virginia CoaI. &
"15% Jan
3%
3% Jan/
'413%' Feb
22%
3%
2
Corp
Manufacturing
Utilities
Apr
t Feb
5% '
1
Co
Aircraft
Wentworth
West
—100
Watch
11%
22
3%
22%
Baking Co warrants—
Warner
.
pfd
cum,
Waltham
8% Feb;
312
Jan
700
12
112
—1
—
11%
11%
30
Waitt & Bond Inc
—•
2% Mar
•
Aircraft Co
Feb
•
.»
Simplicity Pattern common—
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
$5
13%
950
3%
23 %
15%
1
Apr
81mmons-Boardman Publications—
$3
Apr
38
5
Co
Apr
17% Mar
*
Ltd
9%
26
class B
U S Foil
Apr
11,000
10%
8
1
U 8 Rubber Reclaiming
100
Silex Co common
4 % Mar
Jan
56%
—25c
10
25
common
Jan
88
25
Canada
Specialties
37%
87
22
2,600
6%
4%
—25
31%
9
1
4%
RR Si
U S
17%
..
2.400
7%
8
U S Graphite common
U S and International Securities
Feb
87
88
1,200
3
10
100
Canal
Profit
Jan
16%
:
13
9%
12%
rets ord regis
NJ
United
Apr
2%
,
•
common
Feb
3%
7% Mar
Utah Power & Light common
2%
1
14
800
.
Ltd—
Co
6%
3,300
2%
1
Feb
*
Molasses
Apr
4%
1
preferred
Sherwin-Williams of
6%
33
3%
—1
—
Jan
12 '/a
*
com
Preferred
2% Mar
10%
B_
Sherwin-Williams
Sick's
5%
Jan
88
Sheller Mig Co
,
Jan
1%
3%
Shattuck Denn Mining————5
Shawinigan Water A Power—-i—.—*
-
Jan
3%
400
10%
—
common
Sentry Safety Control
Serrick
6%
200
5
stock
Corp
Feb
10,400
3%
2
1
common
7%
Apr
9%
2
10%
3%
1,000
•
10
7
1
Sharing
10% preferred
United Shoe Machinery common
Feb
10%
9%
32%
1
Allotment certificates
Semler (R B) Inc
Radio
Jan
31%
$5.50 prior stock—————————25
Sentinel
8%
8%
26,700
32
——•
—,
Feb
5%
10%
30% Jan
5% Jan
32%
5%
9%
"'A
New preferred
Feb
7,100
2,000
*
Hardware
Selected Industries Inc
9%
31%
1
—
3%
•
common
United Milk Products new
Feb
43
87/a
32
-*
common
Seeman Bros Inc
8%
13%
Apr
com.
United Gas Corp common
United Light & Railways
Feb
Jan
Co
Products
warrants
United Elastic Corp
Feb
11
25
Securities Corp General
Lock
4
~4%
1
2% Mar
Corp
6%
5% Jan
8% Feb
3%
8%
•
Manufacturing.—
Selby Shoe CO
9%
1
.
common
Scovlll
Segal
2,200
~2
4,200
2%
50c
18,900
37
5
Brick
Inc
Co
13
32
1
common
common
A)
10%
33%
—1
Samson United
Corp
Savoy Oil Co——
Schiff
10%
5
common
1,100
2%
100
United
200
50
pref
Jan
4'%
2%
"9%
—•
*
Jan
United
conv
;
Apr !
United
Lawrence
1%
1% Mar
500
Jan
114%. Feb
4
12%
J
10c
5
Corp—
Mar
Amer
Class A $2
Jan
xl07% Mar
1'%
9%
14
United
St.
Apr
105% Jan
110% Jan
20
—
Udylite Corp
31% Mar
Mar
24%
7,700
4%
1
30
"5%
warrants
"'4
800
•
common
Jan
2'A
103
U
107 % Mar
15%
Xll% Xl2
1.25
250
1%
12%
Mar
Jan
1% Jan
85
Jan
Jan
63%
Feb
1,000
19%
18-
•
Russeks Fifth Ave common
Ryan Aeronautical Co—
Ryan Consolidated Petroleum
Ryerson A Haynes
24%
15%
2
Jan
7
4
Unexcelled Chemicals Corp_^
—5
Mar
17%
1%
Union Gas of Canada
—5
87
106
110% 110%
110%
Feb
1% Jan
105% Jan
—£1
Works
37
22%
Apr
6% Jan
55
Feb
Jan
Apr
5
Rolls
Ronson
Jan
Feb
25%
85
106
87
Tung-Sol Lamp Works
80c convertible preferred—
Jan
Jan
2%
13%
8%
10'A Jan
20% Feb
12%
1,400
1%
1%
_100
-100
Feb
Feb
1*21
Jan
11
preferred
23%
Feb
51
Feb
Feb
19%
18'/a Mar
300
7
6'%
Todd Shipyards Corp.—
Edison 6% preferred.
7%
9%
34%
33
1,200
13%
1%
Tri-Continental
Apr
2,200
Roosevelt Field Inc.
Feb
'
Ltd—
Jan
7
5%
29
Jan
14%
8% Mar
700
dep rets ord regis
dep rets def reg
55
16
5
-•
4%
Apr
117
400
18%
Tonopah Mining of NevadaTrans Lux Corp
200
5
Rochester Gas & Elec 4% pfd F——100
207/8„Jan
Jan
8%
14'%
12,200
36
1
Feb
1,400
1
25%
Apj
;
30% Mar
100
5
common
Jan
7%
•
Inc
Feb
Feb
45
Apr
3% Jan
30
118% 121
50c
Co
Inc——
31
17%
Richmond Radiator
Rio Grande Valley Gas C<v—
(Texas Corp) vtc
Pendleton
33
Jan
16
1,400
.—2
38%
Mar
"
A
Mar
31%
2,500
.100
pfd
Toledo
Feb
17%
5
Royce Ltd—
Am dep rets for ord
reg
Rome Cable Corp common
32
X28
700
14%
Co_
Land
Shovel
Roofing
Amer
Jan
Feb
2
1% Jan
28% Jan
300
20%
"7%
5%
3% Apr
29
Rice Stix Dry Goods
Roeser
16
12% Mar
1
common
Inc
Textron
Jan
90%
161
36%
55
8%
•
1
&
Jan
Feb
Jan
15
Feb
29
—•
Co__
2%
1% Jan
25% Jan
250
26
Feb
Feb
Jan
Feb
Apr
97A
35%
29
•
Raytheon Manufacturing common—50o
5%
13%
17%
13% Mar
10
Tobacco Security Trust Co
3%
17
.
Reed
29% Feb
8% Apr
Feb
Mar
Amer
$3 convertible preferred
Feb
Jan
27
1
•
1
Ray Drug Co
Swan Finch Oil Corp
R
3%
10
I
Feb
130
10
rjobacc°
common
3%
Apr
75
.—£ea»v"jf CoOB"?--
common
Feb
4
Apr
110% Jan
107
108% 108%
92%
Concrete Pile
Feb
32'A Mar
2%
525
Jan
14%
18%
Packing Co
13%
2%
'
2,300
1%
200
200
Quebec Power Co
Rath
Jan
Jan
Jan
Jan
37/s
4,100
Texas
Raymond
20%
10
110
17%
1%
Jan
100
10%
10%
Jan
Feb
4%
50
121% 122
16
Corp
Jan
36
27%
1,100
(Hugo)
Stop & Shop Inc
Stroock (S) & Co common
Feb
Feb
112% 114
Radio-Kelth-Orpheum option warrantsRailway A Light Securities
Voting common
10
Railway A Utility Investment A
1
Apr
17% Mar
1,550
Stinnos
12%
.
Jan
2%
25%
3% Mar
3%
31%
Mar
85
Co common
Feb
9
30% Mar
3%
2
Apr
8%
Apr
1% Mar;
600
1%
24%
Jan
21
45
(J B)
Feb
8% Mar
Mar
19
40%
Stetson
Feb
31%
7
30 Ve
Jan
1%
32%
Jan
•
6
7
40%
Sterling Inc
14%
8%
.100
29%
800
25'%
Feb
48
% Mar
& Co common
1%
109
common.
Feb
Jan
1,500
25%
30%
-—
(A)
Texon
Oats
43
41
29%
29%
•
5
1
•
*
Sterling Aluminum Products
Sterling Brewers Inc—>
Sterling Engine Co
14%
•
*
5
preferred
30
43
29%
29 %
29%
29 Ve
Tampa Electric Co common
Technicolor Inc common
6%
Feb
7%
3%
Stein
Feb
Apr
Jan
Feb
35%
10 Va
Feb
13%
Apr
33%
31% Mar
*
1
1
1
1
19%
Taggart
Quaker
Jan
••
50
*
1%
—10
32
Feb
7
Steel Co of Canada
2%
—100
100
Pyle-National Co common
Pyrene Manufacturing
Apr
Apr
9
Jan
Apr
9%
5%
28%
3% Mar
6V4 Jan
6%
Colorado—
—
B_
Corp
Jan
82
400
1,200
2% Mar
Feb
17
5% Mar
—
5%
29'%
1
Co
class
Tube
(The)
14%
1
*
preferred
Products
Standard
7%
15%
40
5%
28%
16,900
400
-*
*
1
1
B__—-—
Preferred
Feb
,•
(Ky)
class
11
6,400
1
Power & Light
Common
11%
Apr
10
Oil
Standard
46% Mar
Apr
15%
.
Jan..
x5'A
Standard
<-
14% Feb
*
-
preferred—
Standard Dredging Corp common
$1.60 convertible preferred
Standard Forgings Corp
Feb
6%
Apr
"10% Jan :.r
Brewing Co
Convertible
Jan
"3%
Jan
3%
1,600
3
12
12
21
14% Jan
800
4%
3%
3%
12
Standard
Feb
17
200
Corp
Stahl-Meyer Inc
14%
*
Co
Royalty
13% Mar
12% Mar
Mar
11
500
10%
11%
•
." 7%
1st preferred
Puget Sound Power & Light—
$5 prior preferred
Puget Sound Pulp & Timber
Pipe Line
Apr
•
of
Jan
Jan
5%
Gas
Public Service
61%
preferrd B
5%% preferred series C
7%
11%
Nevada
5%
Apr.
Apr
High
28%
25
25
25
10
5
*
*
2.78
1
10
1
20
1
10
1
original preferred
41%
15 %
Prosperity Co class B
6%
500
15%
America
5%
800
"5%
common
of
Feb
7%
9%
•
Mining
Feb
4%
Low
3%
7
Southern California Edison—
43%
25o
Inc
Metals
61%
2.50
common
Pratt & Lambert Co
Prentice-Hall
62 %
800
400
Mining Co
Gold
4%
10
Corp of Canada common
1st preferred
Premier
700
12
—50
5
1
common
Powdrell & Alexander
6%
4%
11%
Bange Since January 1
High
3%
6%
10
113% Feb
Jan
Shares
3%
6%
5%
12.50
South Penn Oil common
Southwest Pa Pipe Line
Jan
4%
Manufacturing common
Corp common
Feb
7%
Jan
50
Pittsburgh Si Lake Erie
Power
8%
112%
for Week
Low
1
1
1
South Coast
7%
1
RR
Scale
320
200
Boss
Feb
42%
1
2
Pittsburgh Metallurgical common
Pleasant Valley Wine Co
Pneumatic
Apr
5% Jan
10
9%
61 %
•
Pitney-Bowes Inc
Bess Si
26%
shs
Am
Piper Aircraft Corp com
Pitts
9,900
*
*
Ltd—
Mines
6%
50c
common
Pioneer
50
6%
4%
-1
--20
2.50
Ltd
26%
51% Jan
28% Jan
112% 113
*
Co
Philadelphia Co common
Phillips Packing Co
Johnson
74%
Jan
9%
—2.50
Governor
Jan
47
3%
Tire & Rubber com
Pierce
59%
150
26%
-
Co
Pinchin
160
50%
100
pfd
Pep Boys (The)
Pepperell Mfg Co
Perfect Circle Corp
Pharls
69
50
com—
Light 4'A%
Penn Water St Power
67%
Sales
Range
Sale Price
Exchange
Sonotone Corp
Feb
18%
Jan
08
6%
Curb
Par
15%
-•
25
1
Peninsular Telephone common
15
700
16'A
York
High
Low
153/4
1
•
Parkersburg Rig & Reel
Patchogue Plymouth Mills
Range Since January 1
Shares
High
Low
Par
•
„
of Prices
gale Price
Exchange
Curb
'
■
.
New
of Prices
Last
STOCKS—
for Week
Range
Week's
Friday
Sales
Week'a
Friday
STOCKS—
Monday, April 14, 1947
COMMERCIAL & FINANCIAL CHRONICLE
THE
4
11%
ill
29% ' 32
r
12%
117
Feb
Feb
.
.
30 %
Apr
32 *
Mar
29% Mar
33%
Jan
29 %
•-
|
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4585
Volume 165
(2029)
3
wmmmmmmmmmmrnmrnrnhm %n»iiui
NEW
YORK
CURB
RANGE FOR WEEK
York
Curb
Last
of Prices
Par
Westmoreland
Inc.
Low
Williams
Willson
•
(R
C)
15
preferred
Wisconsin
J
P
"•
mzzio
j
pfd
Wolverine Portland
Ine_
Woolworth. (P W)
■'
'
300
16% Mar
400
13%
Feb
6%
100
67/s
Apr
20%
250
15
20
200
12%
8%
Jan
Feb
•
157/»
1971
A-O
F-A
10
.
'
Feb
13
Jan
16%
Feb
10
V Feb
10%
Jan
^
4% Mar
„
,
14%
i
15%
10%
— —
10%
500
.
7
;
.
.
.
.
V
300
•
.}.
f
:v
^Amerlcan depostt receipts
preference
Wright Hargreaves Ltd.
13%
13%
_5s
£1
•*
13%
400
14%
Feb
5,400;^ 7~2% Apr
"2%^r2%
1959
.
«.
.
Associated! Electric
1961
4 %s—
1953
J-D
1949
J-D
Jan
■[V."*3%
Bell
6%
i
•
^Central
-
i
i
Feb
"A 5s
(10%
Sold
I"" f:
■
J-J
'/•
103
Low
High
100%
4^
...
-
102% 103 %
102
109%
12
118%
-118
.
104
No.,
...
111
107%
L,tl
.1976
111
>-119%
118
102.%
125,
103%
103% 104
9
102%
1948
redeemed)
1954
Cpnv deb 5s
**
J
3"
106%
108%
J-D
—
Q-F
__
J-D
'
119%
114
1950
170
165
'
105
104%
106
27
105%
105
"
71%
29
71%
73
74%
74
75%
113
74
63%
62%
63%
272
57%
82
■-
107%
108
107%
109
2
104%
106
19?
104%
38
.
ti-
•
.
;
.
$102
103
'?:?
107%
101%
—
-169% 170-
,
■
i
"
j.
'
104
120
107%
collateral
4s
,
'
/
.1971
—
trust—
J-J
.
.
United Electric N J 4s
United
-'
16
106%
107%
107%
8
106%
107%
104
104
.
107%
103%;
$78
.
—1940
104
i;
,.(•
89% 116
f:>v
88
43144
-
42
36''-
--
..104% 104%
12
.
$105% 106%
•
■
47%
104%
^44.^105%' 106%
.•
.
102%
'
102% 104%::
io3%io3^
103 V*
A-O
rr
4,403^^104%
r:
i
4
Jf-N
;
104%
.
L'/j-'i-.". £'■
C
2032
i
,
'.402%'
'
i
47%ri
39
'
■J-D
United Light 4» Railways (Maine)—■
^:
6s series A—......
1951
r
5
'"-J'""V431% 42%"
_
*
if-
108 •;
101
-
.
Light Sr Power Co—
*
*
—
112% d$115J
A-O
(
—
—
103 »/4
112%
»
—
$107%
lst lien & cons 5%au.—
Utah -Power A Light Co—
Debenture 6s;series A
100%
107%
$104%
—
'.
121 %
97%
:
*
,
Stinnes (Hugo) Corp—
^
A7-4s 3d stampede—
—.1941 " ' JS
/r.Btlnnes;(Hugo)TndustTle»— ;
■
.
A7-4s 2nd stamped
A-O
—1946.
J-J
1
Toledo, Edison 'BVis—,
—.—.1908
v
108%
120
5
■
107
.
F-A
,
-1966
,
108%
2
i
98
106
•
A<-0
^
y
104%
107
.107 -
;
170
4
120
97%
159
3
:
108% 108 %
1.
—.
U-N
Corp inc 5s
9
104% 1043/4
108%
A-O
.1950
68
104% 104%
9
103%
105
J-J
US
F-A
M-S
104 %
85
-
a 5s Income
86%
102%
102% 102%,
59
1021/4
104% 105
24
103%
105% 105%
38
1909
CHOVo
.
111%
.
107%
104%
1066
J-D
...1956
F-A
102
1041/4
1954
A-O
109% 1097/e
72%
65
,109%
110
r
^-■:^:405%:;108 -T.
*115% 119
—
M
102
101%
104
106
104%
105%
—
i
Foreign Governments & Municipalities
(Bait City)—
4%s
23
$119
Western Newspaper Union—
6s conv ■ f debentures—
18
$107% 108
109
104% 104%
5109
J-J
A-O
68%
67%
J-D
A-O
IO&1/4
105%
5104% 104%
J-D
1976
1981
Q
67%
US
-1964
West Penn Traction : 5s......
105
105%
1954
debs
West Penn Electric 5s_.—.... —2030
Wash Water Power 3%s..
102%
104%
Gen mtge
'
us
1970
-J
y
A-O
Consolidated Gas
77
.
•»
Jif-Q
t
mtge 3s
-
J-D
1st ref 2%s series R
104%
11
—
109
-
1043/4 104%
•
A-O
.1989
165
1956
,
mtge 2%s ser
V"" "-; '•
ar-s
AStarrett
.
115%
5166
1969
1st ref
109
106%
102%
5
104% 105%
M-N
—
5114
_
'
Debenture 5s
Consol Gas El Lt & Pwr (Bait)—
'1st rel mtge 3s ser P
"
—
A-O
—
..1970
105%
107% 107%
.
Debenture 5s
v
High
107%
105%
Waldorf-Astoria Hotel—
redeemed)
(10%
19
-Yw.v'
82
i
109
—
ICfN
—
Southern California Gas 3%s
Southern Counties Gas (Calif)—
Corp—
IA Chicago Rys 5s ctfs- (part paid)-1927
Cities Service 5s
Jan 1966
'
„
-
;
Range Since
January 1
—
111
J?D
„J-J
Jf-N
1998
•
States Electric
/A5%s
'
5101
J-J
1960
—.
Boston Edison 334s.*'
perpetual certificates
Queen* Borough Gas a Electric—
V;? 5%k aerie*. A1982
Safe Water Corp 3s_
_198l
r Ban Joaquin Lt A Pwr 6s B,
-1952
Scullin Steel inc mtge 3s
.—1951
,
Southern California -Edison 3s—1965
Telephones of Canada—.
•OUT series C__
Bethlehem Steel 6s
»
Bonds
Friday's
Bid A Asked
J-J
195$
1
Atlantic City Electric 3 Vis.
<
t
Southwestern Gas & Elec 3%s
Spalding (A G) 6s__,
Low.. High
1964
JL~1
Assoc TAT deb 556s
f
Sale Price
or
■
^Appalachian Elec Power 3% s—.—1970
Appalachian Power deb 6s.Ll—2024
c
Last
Period
Exchange
Amer Writtng.Paper 6s
-
80
$1073/4
MS
1964
,
Week's Range
Friday
Interest
..*.'•! '■.1
'
'
.
BONDS'
t
.82'■;
a,:
J-D
Corp (Can) 4%s B
Public Service Co of Colorado—
1st mtge 3%s
1st
•'
Low
:
"
104% 104%
rnmrnm
*
_J
:
Ltd—
New York Curb
January I
No.
$1053/4 106%
;•{.
J-J
Power
Feb
Range Since
Sold
High
108% 109
—m*
J-J
1970
Sinking fund deb 4s—
Public Service of New Jersey—
;
,
Bonds
'
3%s
.
Feb
108%
Jan
A-O
& Light 5s
1958
Lexington 1st mtge 3s
1964
Pennsylvania Water 81 Power 3%s.l904
Jan
21%
Jan
107
„„
1968
Jan
.
mtge 3%s
Park
19%
Jan
1st
Feb
,
20 V2
-
,
*
Power
1st mtge 3s
Pacific Power
Jarx
19%
Jan
Ohio
Jan
27
13%
Friday's
or
Bid & Asked
Low
Mar
22% Mar
16%
20
Sale Price
"
Woodley Petroleum
'
17%
17
14%
__100
Cement
VAjodaH Industries
-
?0V2
«
common
100
__
6%
25
ADI\
15
16
16
w w_
19
16%
—
common.
A L 4%%
22%
«...
»
Co
150
■'
Last
Period
High
Jan
18
15'/a
22%
—-
Inc
Brother*
Winnipeg Elbe
(
A
Product*
Wilson
Low
High
Interest
New York Curb Exchange
Range Since January 1
«
Weyeoberg Shoe Mlg
Week's Range
BONDS
Shares
10
Whitman (Wm) & Co
Wichita River Oil Corp
Friday
for Week
Range
Sale Price
Exchange
Sales
Week's
Friday
STOCKS—
New
EXCHANGE
ENDING APRIL II
117
117
119%
58
117
68%
;1
Delaware Lack A Western RR—
1
Lackawanna of N J Division—
1st mtge 4s ser A
A 1st mtge 4s ser B
Eastern Gas a Fuel 3%s_
-1993
May
.1965
J-j
Elmlra Water Lt & RR 5s
1956
US
stamped
A General Rayon Co 6s ser A
1901
1948
us
J-D
Grand Trunk West 4s
1950
J-J
.1993
16
59
58
JF-N
30
27%
3
105 '/a 106
30
30
5120
36%
104
84
'
5—
55
58
5104%
__
62
104% 105%
—
-
Green
Mountain
Power
3%s
1963
B^gfade Food 6s
series
6s
Indiana
1st lien
A
J-J
$66%
105
68
106%
65
68
106%
J-J
103
103
103
102%
F- A
105
105
105
104
1970
Indianapolis P A L 3%a_
M-N
106%
1081/4
5105% 107
A-O
5103%
A-O
-
A6%s
A7s
(Dec 1
(Aug
1941 coup)
106% 106%
..1957
coupon)
_
A7s series P
A7s
Power
3
37%
—
Maranhao stamped (Plan A)
Interest reduced to 2VeS
101%
J-J
88%
J-J
—
37
12
33
77
99%
25
78
94
33%
42%
41
—
90%
41
$112
$110%
-1970
J-J
$105%
1
F-A
-1963
A-O
57%
4%s
-1967
Jf-S
103%
New Eng Gas & El Assn 5s
1947
—
103% 103%
4
US
103
A5%s
583/4
1954
J-J
N Y & Westchester Ltg 4s
2004
J-D
J-J
18
1013/a
95
98%
36%
35
37
33
31
31%
96
36%
J-J
4
4%
94
3%
6
J-J
3%
4
28
3%
6
102%
Under-the-rule sale,
104
102
Deferred delivery sale,
102%
par
d Ex-interest,
e
f Ex-distribution,
Odd-lot sale,
y Ex-rights.
x Ex-dividend,
r Cash sale,
102%
29
,
9
9%
^Friday's bid and asked prices;
A Bonds
1073/4
—
„
9%
—
52
53
J-D
a
100%
$102%
--
2012
1919
1921
n
100%
3
103% 103%
103%
,
-
.frt~
erf:
$30%
"value,
100%
99%
99%
1053/4
99
106% 107
—
A-O
North Continental Utility Corp—
A5%s series A (90% redeemed)_1948
99%
993J
mm
52
52
$52
US
Ex-stock dividend,
*No
1043/4
101% 101%
M-N
New England Power Assn 5s
Debenture 5%s
1961
1948
—
--
—
mm —
Jf-N
34
31%
1033/4
55%
——
mm —
J-D
IHI——1950
31%
31
107
102
35
1113/4
111
105%
—
58%
57%
(plan A)
Interest reduced to 2%
ARussian Government 6%s
—^
111%
2
30
30
30
34
34
U-N
J-D
Rio de Janeiro stamped
g
-
18%.
,
■:A'
42
110
—
„
$102% 103%
-1950
Midland Valley RR—;
Extended at 4% to
England Power 3%s
29
16%
40
102%
.
—
114
105% 105%
McCord Corp deb 4%s
New
21
16'%
,
$90'
2
42
88%
2008
—.1951
stamped
J-D
38
38
42
■
J-D
5s
-25
16%
Mortgage Bank of Denmark 5s..—1972
Parana stamped (Plan A)
Interest reduced to 2%s
2008
38
•-
J-J
J-J
deb
96
94
$52
42
US
Conv
92
89
$24
41
32%
-1969
Light
26%
94%
$20'
A-O
42
343/4
1
-2022
Gas
J-J
US
J-D
33
2
-1960
Milwaukee
76%
22
94
$90
M-N
41
38
42
Kansas Power & Light 3%s
_
78
76%
;
25
-
High
77
-
—
94%
F-A
A7s (issue of May 1927)
1947
A7s (issue of Oct. 1927)
1947
AMortgage Bank of Chile 6s——1931
42
Kansas Electric Power 3%s
Kansas Gas Electric 6s
Kentucky Utilities 4s_
.U-N
Low
]
January 1
No.
—
'
,
Mortgage Bank of Bogota—
101% 102
J-J
-1963
Superpower 6s
25
•
43
42
-1953
—
37
38
—
-1957
Debenture 6s
A Italian
43
42
-1953
5s
37%
42
F-A
—1957
-1953
(July 1941 coupon)
Interstate
43
J-D
-.1955
...
1941
$76%
$76%
J-D
1952
(Peru) eVaS stamped 1958
AMedellin 7s
-.1955
A7s series E
A-O
Range Since
Sold
High
J-J
1953
5s
ALima City
__
International Power Sec
AG%s series C
Bid & Asked
Danzig Port & Waterways—
AExternal 6%s stamped
105
Jan 1949
A ref 5s
Sale Price
Bonds
104
Jan 1949
5s—
Extended
107%
1950
1963
ser
B.
Service
5105% 105%
J-D
1958
Guantanamo A Western 6s
Period
Curb Exchange
Agricultural Mortgage Bank (Col)—
A20<«year 7s
April 1948
A 20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948
Danish 5%s
.1955
■
78%
77%
77%
Week's Range
or Friday's'
Low
Finland Residential Mtge Bank—
5s
Last
124
76
■T
New York
106
124
125
Friday
Interest
BONDS
3
9%
no
week.
sales being transacted during current
being traded flat.
§Reported in receivership.
Abbreviations used
"wi," when issued;
9%
consolidated; "cum," cumula¬
above—"cod," certificates of deposit; "cons,"
tive; "conv," convertible; "M,"
mortgage; "n-v," non-voting stock; "v t
"ww," with warrants;
c," voting trust certificates;
"xw," without warrants.
~
,
..
OTHER STOCK EXCHANCES
RANGE FOR WEEK ENDING APRIL 11
Baltimore Stock
Last
r? ./ ■'
\l"
STOCKS—
-
Corporation
'Bait Transit
5 %
-
i,A'm
•
Co
com
[Brager Eisenberg Inc
t
■
Range Since January 1
22
Low
476
20
Mar
25%
5
5
5
51
5
Apr
9%
Jan
27
30
132
26
Apr
44%
Jan
75
l'~"
20
151%
30
57%
Apr
63
75
Apr
83
Jan
10
150
Mar
160
Jan
40
Jan
151% 151%
40
10
-
Vernon-Wcodbury Mills
New Amsterdam
Casualty
American Woolen
20
2
43%
40
30
44
67
-
40% Jan
Bird
& Son
Boston
26%
37
Jan
44
Mar
263/4
26%
54
26
Mar
29
44%
44%
70
43
Mar
46% Jan
Boston
S
Fidelity
&
Guar
50
—*
5s
series A
1975
96%
96%
$10,500
95
Jan
7 98
Feb
136
17%
100
—/
-29
100
46
Albany
Edison
Herald
A
—
tow
150?
High ■ 1
:
38%
Jan
40%
5
65
■■■ ••
44% Mar
•
•
Apr
44% Feb
•
Traveler Corp
—•
Apr
174%
Feb
;
458
:526%
Jan
•50%
Feb
■'
40%
422
37%
Jan
'
,
136
136
39
133
17%
17%
650
16
prior preferred
class A 1st pfd (stamped)
8%
class B 1st pfd
100
100
stamped
100
7% class C 1st pfd (stamped)
100
10% class D 1st pfd stamped—100
'
42% Mar
Mar
119% Mar
161
1,945
43% Mar
74
1,108
57>/4
..
•
29
6
%
7 6
19%
Feb
135
Jan
Jan
Jan
50%
Feb
74
Apr
I.*'
34%
•293
6%
7,%
5
29
6
53
50 ~M.:. 7
6% v
6%
10
8-5
8
50
37%
30% Mar
185
31V4
32
140"
Mar
46%
V
29
6%
-
121% 122%
X45%
63
32
;;
164 %
34%
31%
Maine RR—
5%
Transit Co
RangeSinceJanuary 1
Shares
164% 165%.... 3,057
39
RR
&
Boston
•v
Bonds—
Bait
33%
Elevated Ry—
Jan
1%
pfd—100
Inc
Boston
U
40%
40%* 41%
o®
Bigelow-Sanford Carpet 6%
Boston
com
—.*
—-—
Sales
lor Week
High
38%
164%
-
Jan
10
•
;Mt
•
Anaconda Copper
58
75
57%
i.,.-.
Fidelity & Deposit Co
^Fidelity & Guaranty Insur Corp
Agri Chemical Co—
American Sugar Refining common—100
American Tel A Tel—
NhJ
American
Feb
Range
: of Prices
Low
Par
High
27
*
Sale Price
STOCKS—
_•
1
& Power cbm
.
.
Shares
High
.
Exchange
Week's
Last
for Week
'
*
1st preferred v t c
"* \
Consol Gas E L
21
•
vtc___
of Priees
Friday
Sales
Range
-
Low
Par
>■<
Arundel
;
,,
Sale Price
Boston Stock
Exchange
Week's
Friday
.
,
Mar
Jan
6
Mar
8
Jan
Jan
39"% Feb
8
Feb
Apr
4
9
7
Feb
Feh
11% Feb
.
38
THE COMMERCIAL & FINANCIAL CHRONICLE
(2030)
OTHER STOCK
RANGE FOR WEEK
Last
Range
Calumet
Low
Cities
Trust.
Prop
LOW
s"
140
15
14%
Par
High
Jan
Jan
18
Brick
Illinois
7%
7%
93
7'/8
Jan
8%
Feb
Inaep
..10
27%
28%
138
23%
Jan
31%
Feb
Indiana
Steel
East G & Fuel
"
4%%
A:;soc
Street
Mass
Common
pr
pfd-100
85
1st pfd
5 7c
pfd
.100
Eastern
Lines
SS
Inc
*
Engineers Public Service,.,
First
22%
28%
"III
-i------
Gilchrist
Gillette
99%
Jan
39
25
35
Feb
47
Jan
465
20%
Jan
28
28%
175
28
Apr
29%
156
55%
35%
10
29%
Jan
32%
Jan
53%
2,329
15%
24% Mar
30
29% Mar
179
34%
Isie
30%
59"%
8%
40
Feb
15%
18
Jan
126
29%
common.-.
Apr
27% Mar
8
32% Mar
Apr
2%
Jan
10%
2%
Stores
Brown
Leath
Co
&
Star
-
2%
46%
150
44% Mar
51%
Jan
70%
70%
70
70% Mar
78%
Feb
Field
5%
Miller
$1
Mergenthaler
Linotype
Hart Inc
&
common
Feb
24%
Jan
6%
Jan
Jan
Feb
3%
13%
.3%
14
97%
22
100
3%
500
13%
Apr
Jan
15 %
8%
900
8
Apr
10
Feb
97%
10
92
Jan
97%
Apr
22
8
Feb
22
100
Apr
29
Feb
10%
10%
11
2,300
9%
Jan
11
35
35
Apr
37
400
26%
Jan
40% Mar
30
30%
200
29%
Jan
23
23
100
22% Mar
23
22%
23%
2,800
12%
12%
13%
3,950
16
7
•
16%
l,o 00
vtc
-10
Co
6
Mar
7%
Feb
National
Pressure
70
30
Jan
32%
Feb
National
Standard
28%
35
27% Mar
32%
Jan
North
52%
52%
40
51
J an
60%
Feb
Northern 111
1
20%
20
20%
270
17%
Jan
21
Feb
5
16%
16
16%
249
14%
Jan
19%
Jan
67c
Bancorp
20
34%
Feb
30
Jan
Jan
Jan
9%
24%
13 % Mar
15% Jan
Feb
16%
Feb
19%
750
35
2
7
200
57
57
100
35
353/4
200
16%
Jan
6% Mar
56
Jan
20%
8%
Feb
64%
Feb
35
Apr
Feb
35%
Apr
40
40
39%
Jan
43 %
Feb
29%
29%
200
26
Feb
29%
Apr
10
*
*
40
29%
10
100
10%
Apr
15
Jan
26%
Feb
23%
50
Util—
Feb
40c
common
Corp common
Northwest
--
10
20
common
19
7
*
Cooker common
Northwest
Narragansett Rac'g Assn
Nash-Kelvinator
*
common
Car
American
19%
-•
(new)
common
Chemical
Monroe
Montgomery Ward & Co
31%
400
•
1
—5
Feb
3
7
—
Jan
19
1
common
prior preferred
28%
Works
Alkali
Mathieson
Co
ft
30
7
18
*
West Corp
__100
common.
preferred
Apr
1
•
100
common
Food products
capital
Mickelberry's
Middle
„100
Central RR
Maine
Inc
common
Modine Mfg
Lone
Copper
Cement
14%
20
Libby McNeill & Libby common
Lindsay Lt ft Chem common—
Feb
50
45%
Royale copper
Kennecott
25
Jan
Jan
34% Mar
951
8
—15
Bakeries
Jan
20
Kellogg Switchboard common"
57c preferred
Apr
..__1
Co
Razor
Safety
Hathaway
22
*
Katz Drug Co common—
90%
15%
34%
——
350
Jan
Marshall
Electric
17%
23
100
Jan
53%
Stores—-
National
General
Apr
22%
15
9
10
23%
13%
22%
15
97
91
22%
300
20
Apr
High
14
15
Jan
29%
•C
common.
Assoc
Group
Low
13%
20
preferred
Range Since January 1
High
13%
1
4%
39
6%
stries A_.
adjustment
4%
91
.100.
Employers
85
Jim
4%
.100
Shares
common
Prod
5
75
89
85
Ky—
-——
Low
Sales
for Week
(new)—
Interstate Power $0
Eastern
of Prices
10
•
capital
Pneum Tool
—5
Service
Co
Range
Sale Price
STOCKS—
Range Since January 1
High
15
Week's
Last
Shares
*
Hecla
ft
Friday
for Week
of Prices
Par
Personal
Boston
EXCHANGES
ENDING APRIL 11
Sales
Week's
Friday
Sale Price
STOCKS—
Monday, April 14, 1947
common
233/4
550
168
—
168%
30
8
8%
950
23 % Mar
Feb
National
1
41c
1,300
84
Cos—
bervice
90%
451
84
Apr
110
Mar
103
104%
530
103
Apr
121
Jan
1%
7,150
7 7o
40c
Manufacturing
Oak
New
England Gas & Elec
5%%
preferred
100
preferred
Parker
Co
Pen
common
(The)
common.
Peabody Coal Co class B com
New
England Tel & Tel
North Butte Mining
RR
Northern
100
2.50
(NH)
1%
1%
135
135
100
Old Colony RR
2%
100
30
2%
1%
120
500
2%
1%
Jan
Jan
Feb
135
Mar
Feb
4
Jan
preferred
67c
Penn
Co
Potter
Pacific
Mills
Circle
29%
30%
132
28%
Jan
39%
Feb
20%
20
21%
2,313
20
Apr
26%
3%
215
3
Apr
4%
Feb
Rath
12%
250
12
Mar
Feb
Sangamo Electric Co common
Schwitzer Cummins capital
Shawmut Assn
13%
14%
595
13%
15%
110
14% Mar
14
Stone & Webster Inc
14
Jan
15% Mar
17%
Pressed Steel
United
Shoe
.2.50
Inc_,
Machinery
25
common
70
67
35%
Jan
190
43%
Feb
46
Jan
47%
49%
2,921
44%
Jan
51%
Jan
9%
109
9%
Apr
11%
Feb
South
69%
71%
950
Jan
71
Jan
Spiegel
67
37%
Feb
Prod
Sinclair Oil
Corp
Lathe
Bend
Inc
Louis
10
45%
Jan
46%
Feb
St
50%
365
48%
Jan
60%
Feb
Standard
Oil
47
115
43%
Jan
50%
Feb
Siorkline
Furniture
46%
25
Sunbeam
Mass
&
System
(S
D)
100
Ry Co
141
16%
Inc
Co
new
101/.
r>
12%
Westinghouse Electric Corp
142
12
24%
16%
16%
17%
25%
Corp
Machine
28%
Swift International Co
Jan
Chicago Stock Exchange
Friday
Week's
Last
Par
1
5
Allied Laboratories
common
American Tel ft Tel Co capital
100
ft
Co
Asbestos Mfg
common
8%
Automatic
Washer
Bastian-Blessing Co
of
Co
Mlg
ft
(E
J)
&
Co
(A
M)
Central 8 W Util
17%
164%
Apr
Feb
American
19%
Jan
Anaconda
174%
Feb
Certain-teed Products
2%
650
2%
Apr
3%
10% Mar
13%
Chicago Corp
Convertible
Mining
Copper
Jan
5%
Feb
Farnsworth Television ft Radio.
6% Mar
7%
Feb
Jan
37
20
20%
450
19 %
Jan
21
FeD
Lanled* Gas
13%
13%
750
13%
Apr
14%
Feb
Nash-Kelvinator
13%
13%
1,000
13 %
Apr
13%
Apr
New
Air
11
11%
400
11
Mar
13%
Fpb
45%
45%
100
44% Mar
42
42
50
15%
16
200
10%
Jan
16%
Feb
Paramount
17%
18
400
17%
Apr
23%
Feb
common
part
Credit
sh
vtc
A
Corp
class A
Eddy Paper Corp (The)
Elgin Nat Watch Co
•
49
Jan
Corp
Refrigerator
common
Gillette Safety Razor common
Lakes Dr & Dk common
Great
Hammond Instrument Co
Harnischfeger Corp
common
common
Heileman Brewing Co G
capital
c Hem
Werner Corp (new)
Hibb Spencer
Bartlett common
Horder's Inc common
For footnotes see
page
46
Pictures Inc
Pure Oil Co
(The)
Jan
Feb
7%
1
28%
7%
500
Jan
9%
28%
28%
260
28
Mar
34%
300
12%
Apr
17%
12%
"32
13
7%
32
32%
80
31%
Jan
39%
40 Va
300
39%
Feb
18%
—
Jan
18%
100
18 % Mar
30%
31
150
29
Mar
Feb
Feb
38
Feb
42
Feb
x22
Feb
33
Feb
19 %
—
19%
19%
100
19%
Apr
22%
Feb
33
34
600
33
Apr
373/8
Jan
25%
100
22%
Jan
26%
Jan
14%
143A
100
14%
Apr
14%
Apr
28%
28%
29
500
24
Jan
30%
52
52 %
50
51
Jan
54
Feb
69%
69%
71%
900
69%
Jan
79%
Feb
Feb
_
Feb
24¥4
—
—
—
25
500
24
Jan
283/g
20%
20%
100
19% Feb
23%
Jan
12
——
12%
600
12
Apr
13%
Jan
14%
14%
100
12%
Jan
16%
Feo
11%
12%
1,200
10%
Jan
12%
Feb
4
3%
Jan
4
4
300
Feb
5%
14%
14%
100
14%
Jan
17
Feb
32
32
100
32
Apr
41%
Feb
38%
38%
39%
300
37%
Jan
42
Mar
16% Mar
20 3/4
n
11
U%
300
10% Mar
113/4
Jan
9
9%
300
12%
Feb
*
Jan
—1
5%
7%
-1
35
4
5%
900
7%
100
35%
1,000
4
1,300
9
Apr
5
% Mar
6%
Feb
7% Apr
34% Mar
8%
Jan
CO CO sS
Feb
534
Feb
3%
Jan
16%
—
.5%
10
16
163/4
900
15%
Jan
19%
Feb
16%
17
300
16%
Apr
22%
Feb
33%
Jan
7%
Feb
5% Mar
Feb
6%
6%
1,200
12%
13%
400
26%
26%
50
26%
26%
24%
8%
6 %
13%
13%
6%
6
11%
Jan
Jan
14%
1
26%
33%
•
Feb
common
13%
Apr
20
42
Jan
1%
Apr
Feb
—
Radio Corp of America common
Radio-Kelth-Orpheum
31
Jan
100
25
Jan
30%
Feb
24%
200
213A
Jan
25% Mar
8%
500
8%
Apr
10%
Feb
13%
300
13
Jan
15%
Feb
Jan
30%
Feb
13% Mar
15%
Jan
70
Jan
Jan
Apr
24% Mar
253/4
com
new
35 %
1%
—5
1,080
12%
360
10%
10%
2,500
22
10%
1%
12
t
8%
22%
200
12
.
7%
20
2%
Apr
15 Va Mar
Jan
11%
Jan
Republic Steel Corp common
Feb
24%
Jan
9%
Feb
~8
10
1
—5
63
Jan
65% Mar
10%
100
10%
Apr
13%
Feb
Sunray
8%
350
9%
7
Jan
Feb
United
Feb
Wilson
ft
Jan
31%
29%
41
140
11%
11%
600
11 % Mar
3%
800
.31/4 Mar
3%
50
70%
100
23%
24%
200
22% Mar
25
Feb
30%
3,600
29%
Apr
33%
35
Feb
43
95
20
17%
19
22
22%
10
1
41/4
•
550
16%
Jan
23%
1
9%
300
19%
Jan
26% Mar
12%
1,000
10%
250
200
Jan
9%
16
Jan
Apr
11%
Feb
Jan
65
100
29%
30%
500
28
Mar
19
150
18
Jan
10%
250
14
14
14%
.
61
22%
.
9%
1,000
7%
Jan
3%
200
13%
13%
100
63
22%
Friday
52
7%
9%
Feb
9%
Feb
31%
Feb
20
Jan
Jan
11
Apr
Industries.
,
American
Laundry Machinery
Products
Balcrank
*
3% Mar
10 % Mar
13%
Apr
4%
15
Jan
Jan
Baldwin
8
Burger Brewing
Cincinnati Gas
8.50
common
Low
21%
22
17%
Jan
24%
31%
155
30%
Apr
37%
Jan
4%
160
3%
Jan
4%
Feb
6%
32
7
Jan
Mar
25%
17%
16%
Apr
20
20
200
20
Apr
28
Feb
23 Va
26%
105
21
Apr
26%
Feb
25%
50
663
100
108
107
108
169
80
80
82
107
12%
12%
13
1,120
92
92
12%
94%
213
12%
30
22%
23%
28
28
Mar
Cincinnati
Telephone
19
Mar
24%
Feb
Cincinnati
Union
Feb
22%
Mar
25%
Apr
29%
Feb
110
Feb
80
Apr
80
Jan
12%
Apr
14%
Feb
92
Apr
99%
Jan
12%
Jan
14% Mar
130
20
Jan
24% Feb
10
24
Jan
32%
Feb
66
5
Jan
5%
Apr
106% Mar
Feb
14
6% Mar
Feb
17%
Cincinnati New Orleans & Tex Pac—20
Cincinnati Street
2
20
High '
21%
17%
_*
Preferred
!
Range Since January 1
High
20
*
Champion Paper & Fibre
Shares
4
21%
30%
4
1
;
Sales
for Week
6%
21%
20
*
J
Range
of Prices
Low
Par
50
„
Week's
Last
400
19
20%
X63
12% Mar
13% Feb
1,150
19
*
8%
8%
20
25
Feb
9%
Sale Price
American
58%
l
,_3
Feb
243/4
Mar
..
v
STOCKS—
Aluminum
7%
9%
17
Apr
64
Cincinnati Stock Exchange
Feb
15 V2
10
...
Jan
18%
30
•
Jan
20%
—
Jan
99
58%
7%
common.
Feb
Feb
15
9%
Co
Mar
13%
86
121/4
15
133/a
400
Jan
95
17%
300
20%
Jan
29%
41
3%
100
14%
20%
Corp
85
76
24%
11%
Oil Corp.
Jan
663/4
14
20%
Standard Steel Spring
Studebaker Corp common
29%
29%
66%
14
25
J
100
7%
1,300
9%
N
900
7% Mar
13%
3%
of
8%
64%
75
5
23
Oil
14%
15
Socony Vacuum Oil Co Inc..
10%
*
•
8
—
64%
—10
common
Co
Jan
16%
*
Corp
150
*
Four-Wheel Drive Auto
28%
15% Mar
2%
Car
Motor
Pan Amer Airways
500
Ib
Inc
x24 % Mar
900
Feb
50.
Mar
Dredge &
America
Motors
40
14%
15
Connell
Dock Co common
1,900
153/4
27% Mar
36
*
Electric Household Util Corp
28%
15%
—
13%
•
common new
27%
5%
Corp
35%
Consumers Co—
Dodge Mfg Corp
27%
4
1
io
!
Feb
Feb
12%
35%
Pepsi-Cola Co
V
common.
(The) Co Inc
Commonwealth Edison
Feb
North American Co
c
Lines
Feb
18
38%
Central RR capital—
York
Standard
common
29
Jan
Motors
Light
13%
»
Coleman
nt
Apr
13%
,
t
Jan
15% Mar
Apr
Graham-Paige
50c
v
25
100
8%
General Electric Co
10
common
500
15%
~5%
4
31
25%
34%
Curtiss-Wright
650
5
preferred
Cities Service Co
Mills
Feb
——
600
*
common—
Chicago <te Southern
Fitz Simons &
Continental Motors
5
10
common
Chicago Towel Co
Domestic
Feb
6%
50
25
50
•
4%
31
32
—.—1
6%
31
15%
Jan
15% Mar
1
common
Chicago Mil St Paul & Pac
Common
350
Apr
28%
1,700
10
50
Mill
Rolling
Apr
2%
11
13
10%
———1
ft St Ban 00m
Apr
2%
10%
200
400
35%
5
Corp
1
common
Cherry Burrell Corp
Glhgon
150
900
11%
Jan
Apr
111 Secur Corp common.^—1
Convertible preferred
General
18
164% 165
9'/a
Apr
12%
Central
Flour
Alleghany
American Radiator
5%
50
2,500
Ring common
1
Brothers common.- ,.:—„, ,10
Carr-Consolidated Biscuit
Castle
Feb
Feb
8% Mar
850
13
293/4
25%
cap
7%
200
5%
10%
13
29
Stocks—
Unlisted
10%
9
5%
13%
10
capital—
Feb
Feb
10%
*
2
*
•
St Corp
Mach
Yates-Amer
15%
Packard
Sons
Jan
Feb
Mar
High
Mar
12%
Piston
Butler
15
12%
*
common
5%
deposit
(J R) common
(The) common
Co
3
common
Mar
12
Ltd—
_3
.
Berghoff Brewing Corp
Binks Mfg Co capital
Bora (George W> Corp
Borg-Warner Corp common
Burd
10
17%
165
4
common
Avco Manufacturing Corp
Brach
Low
15%
l
Atney Products capital
toeiaen
Range Since January 1
6
Co common
4
26%
34%
—25
Swift & Co capital stock
Columbia Gas ft Electric
Armour
g
Shares
High
10%
5%
•
common
for Week
15%
•
Bearing
Range
LOJJ)
■»
Corp common
Ball
550
24%
Apr
15%
Westinghouse Elec & Mfg common.12%
Wieboldt Stores Inc common
•'
Wisconsin Bankshares
common
*
Woodall Indust common
2
Sales
of Prices
STOCKS—
Advanced Alum Castings
5
5
Jan
25%
common—5
Tool
Sundstrand
23 %
626
Apr
Feb
208 South La Salle
Admiral
Mar
—
*
U S Steel common
Aetna
11
20%
10%
common
Jan
Certificates
Mfg
750
10
common
18
Apr
Thompson
(J D)
22
1,000
Jan
Jan
29%
*
10
capital
capital
17%
16%
Trane
Adams
500
21
12
9%
110
Feb
145
Apr
(Ind)
15% Mar
50
23%
141
233
17%
*
common
24
11%
5
2
Nat Stockyards
46%
48%
44%
Warren
Apr
20%
capital—.—5
common
10
Vermont
Apr
94%
34%
common
Works
50
Waldorf
5%
110
1
*
*
common
Clothes
Brand
Society
U S Rubber
preferred
2,100
—*
common
Corp
U S Smelting Ref & Min com
6%
Feb
6
95
1
& Co capital
Corp class B
Shellmar
36
45
9%
48
—
Drug
50
5%
94%
24
10
*
common
Sears Roebuck
35%
Drill
Co
Mar
Feb
Feb
44%
Torrington Co
Fruit
35
Feb
10%
11%
1
Car common
Packing
Serrick
United
100
Jan
Feb
3
12%
United-Rexall
common
15
50
—25
Reece Corp
Twist
(The)
35%
7%
180
5%
50
2%
1
(new)
30%
common
Pennsylvania RR
Quincy Mining Co.
Union
Corp
35%
Jan
94%
10
class A
Elec Switch
Pennsylvania RR capital
Perfect
8
1
25
5
100
148
150
40
110
.
15
Mar
Eagle-Picher
Stock
—
Yards
50
>
10
61
Apr
70
Feb
Formica
»
22%
Apr
x24
Jan
Hatfield
*
—
5%
5%
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4585
165
OTHER STOCK
(2031)
39
EXCHANGES
RANGE FOR WEEK ENDING APRIL 11
Week's
Friday
Last
STOCKS—
.*■
Par
Hobart
class
A
„
20%
Preferred
60
20%
53
*
53
Procter
1#
I
Pumps
Si
Randall
class
S
U
S
'
20%
Apr
General Finance
50
62%
Jan :
54
44%
Apr
50%
Apr
27%
Feb
16
Wood
General
Industries
Apr
'57%
57 V4
57'A
253
52%
Jan
65
Feb
1
7%
7%
7%
0,915
Jan
8
Feb
6'A
6%
6'A
1,375
6%
Feb
4%
690
3%
Jan
5%
Feb
10%
10%
10%
125
10%
Feb
11%
Feb
2%
Apr
17%
Feb
510
5%
Jan
6%
Feb
1,668
59%
Apr
65%
Jan
Hall
100
3%
Jan
Feb
19%
19%
19%
265
19
Jan
Hoskins Mfg common
5
5%
1
—
1
Lamp
15%
242
13%
Jan
16%
Jan
Houdaille-Hershey
52
225
41%
Jan
52
Apr
Hudson
51%
51%
51%
92
49%
Jan
52%
Feb
Hard
Week's
Motor
Lock
Kingston
Last
Range
4
Shares
Low
Mfg
Co
Low
High
High
S)
5%
110
5%
Jan
5%
Feb
Michigan
a3%
50
3%
Jan
5%
Feb
Motor
13%
14
125
13 %
Jan
Feb
Apr
18%
Jan
20
Feb
6% Apr
9
Feb
6%
164%
Apr
al64%
165%
a
237
174%
Feb
Electric
City
Ice
&
Cleveland
Mfg
Cliffs
Cleveland Elec
4%%
1
Fuel
Iron
111
pfd
17
30
75
91%
91%
95
38%
38%
alll
0
Bronze
(Un)_
23%
5
Gas
15
(Un)
1,245
alll
23%
7%
Jan
Mar
<■
!
Apr
37 % Mar
Stamping
Motor
10%
Peninsular
Feb
Rickel
44%
Feb
River
103
Mfg
Electric
Jan
115%
Erie
Railroad
Faultless
*
73
Jan
75%
Feb
23%
Apr
29 %
Feb
Sheller
Mar
54%
Jan
Standard
46
*
alO
alO
(Un)
Rubber
1
Firestone T & R
20%
48%
68
65
20%
473
a56% a56%
25
common
93
35
73
Electric
General
Motors
Goodrich
(B
F)
Manufacturing
Tube
25
Jan
Jan
9% Mar
18%
Jan
54Va Mar
57
Halle
Bros
Feb
Tivoli
12%
Feb
Udvlite
Feb
United
Shirt
61
Industrial
Brewing
Kelley Island
&
23 %
Feb
11%
Jan
15
Feb
889
2%
Jan
Feb
3%
Apr
6%
678
6
Jan
7%
Feb
3%
Jan
4%
Jan
3% Mar
*
4%
Jan
1,237
600
8%
9
2,375
7%
Jan
9
Apr
9
9
100
8%
Jan
9
Jan
—
.
9
10%
1,150
9%
Jan
4%
600
4
Jan
4%
Feb
3%
4%
—
11%
4%
——
3%
100
3%
Jan
4%
Jan
7
Jan
6%
12%
*
common
—
1
Jan
17%
Feb
Warner Aircraft
39%
Feb
Wayne Screw Products
a56% a58%
200
51%
Jan
65%
13%
Feb
6%
150
'
6%
Jan
12%
600
11%
Jan
12
250
11%
Apr
14
Jan
15
15
150
14%
Jan
18%
Feb
2
2
1,200
2
Jan
2%
Feb
2%
15
13
12
2%
1,425
2
Jan
2Y«
Jan
13%
Feb
Feb
a61% a61%
a52
(Unlisted)
Lime
Apr
4
1
12%
19%
6
Jan
'71%
Apr
61%
Apr
23
30
51%
51%
365
105% 105%
19
105
Mar
108
Jan
230
13
Mar
15
Jan
13
13
50
%
a42% a42%
1
32%
27
Jan
31%
51% Mar
54%
28%
36
Jan
COMPLETE INVESTMENT
Jan
FAIRMAN & CO.
Member Los
Feb
45
32%
76
32% Mar
36%
56
32%
39
176
60
60
10
43
43
148
BROKERAGE
FACILITIES
Listed
—
Unlisted Issues
Feb
14%
AND
Angeles Stock Exchange
Feb
a33%
a33
Trans
2%
Feb
14%
•
*
4
com
Feb
30
13
rev
Feb
19%
1
common
Feb
51%
271
19%
61
165
a53
19%
51%
_<■
Rayon
2%
18%
245
3%
6%
_1
Distributors
34% Mar
*
Steamship
Laughlin Steel
3
;
—
Feb
Apr
395
20% i
13%
Feb
75
70
*
pfd
12%
1%
Apr
2
100
Feb
Feb
4
1
Corp
29%
8'5
5
4%clo
—
1%
7%
6%
Apr
Feb
14%
50
(M A)
Harbauer Co
2
18%
Jan
3%
1
35%
*
,
9,650
2
18%
6
4%
3%
1
common
Die___
a
common
Hanna
Interlake
&
a
•
Preferred
Jones &
B
Tool
al4
common
common
1%
1%
2
200
Feb
4
*
a35
10
Goodyear Tire & Rubber
Gray Drug Stores
1,000
Feb
38%
~4
10
•
(Un)
5
2%
Jan
35
2
Paper
1
General
6%
5
Feb
.Jan
2...
242
Feb
Apr
5%
1
-
Scotten-Dillon
U S Radiator
Gabriel Co
805
38%
9%
15%
Jan
Feb
62
82
a50 % a51%
4
Controller
2
4%
Apr
Jan
14
100
6%
1%
6%
200
4%
37%
*
Products
Co
Raisin
111
Car
Metal
(HW)
638
25
2
100
15
-
Jan
Feb
Feb
2
a47% a48 %
*
io
National
Superior
Eaten
1
common
Sugar
32%
37%
300
6%
6%
1
Products
100
a66% a67 %
1
Corp
Natural
85
*
preferred
Consolidated
a8%
•
common
Cleveland Graphite
Cliffs
a8%
a30% a30%
*
6%
6%
_2
Murray Corp
16
Feb
15%
16%
lo
Oil
5%
a3%
21
100
4%
Wines
McClanahan
/ Jan
6
200
5
Lakey Fdry & Mach
LaSalle
Range Since January 1
:
15%
2
(S
6
17
6%
Packard
Apex
Jan
15%
Drug
1
100
Feb
9%
16%
15
50c
13%
93/4
*.
Products
Kinsel
for Week
of Prices
5
Apr
•
.
1
Car
&
Kresge
Sales
Sale Price
American Coach & Body
American Tel & Tel (Un)
High
7%
5
16%
6%
16%
52
Friday
Akron Brass Mfg
Alleghany Corp (Un)
-
7%
400
—10
15
Par
^
200
Gerlty Michigan Die Casting
Goebel Brewing
Graham Paige
Cleveland Slock Exchange
■
Low
7%
7%
King-Seeley
;
ft
7%
7%
Kaiser-Frazer
STOCKS—
Range Since January 1
High
7%
Motors
52
___50
—1
Shares
-——1
61%
•
59%
5
*
Low
for Week
Jan
23 %
6%
61
*
.
Printing
Printing preferred
Jan
20
*
Rapid
U
14%
218
16%
*
B
Apr
492
23%
*
Gamble
43
Gar
Mar
of Prices
Par
Jan
46%
1
National
High
40
44%
*
Magnavox
40
Range
Sale Price
STOCKS—
23%
44%
Lunkenheimer
Low
43
Sales
Last
Range Since January 1
High
41%
Week's
Friday
Shares
dfjfriee®
Low
*
Kahn
Sales
for Week
Range
Sale Price
Jan
12%
16%
Feb
59.
Mar7
63
Feb
43
Apr
52
Jan
Jan
Direct Private Wirei to
McKee
(AG)
Medusa
class
Portland
*
A__
Cement
43
*
Metropolitan Paving Bricks
National
7
7%
450
3%
3%
500
7 %
7%
400
al6% al6%
70
16
31
4
1
Nestle
N
Y
Tile
Le
&
Mfg
class
Mur
Ohio
Erass
Ohio
Oil
A
*
(Un)
Central RR
•
class
Radio
(Un)
RR
Electric
Steel
Republic
&
Oil
6
21%
180
33
140
20%
Apr
26%
Feb
50
8%
Apr
10%
Feb
Jan
20%
Feb
a20% a21
17%
*
S
Steel
Van
Dorn
Warren
&
25%
26%
51%
16
*
Los
Friday
25%
Jan
30%
Jan
54%
Feb
23%
Jan
29
Jan
Bandlnl
30
Mar
59%
Jan
Barker
a71%
136
68%
Jan
79%
Feb
Barnhart-Morrow
Basin Oil Co
16
561
15
Apr
20%
Feb
Berkey & Gay Furniture Co
Apr
3%
Range
for Week
of Prices
Shares
Jan
2%
2%
100
47
2"%
14
23%
Jan
29%
Feb
200
a25 % a25%
62%
Jan
72%
Feb
Par
Petroleum
Bros
Company
1
common
Corp
•
Consolidated
1
Low
6%
__
Low
High
5
6%
24%
24%
66%
66%
3%
Jan
200
22%
Jan
27
Feb
65c
Apr
90c
Jan
65c
85c
•
6%
6%
6'A
550
5
Jan
6%
Feb
__
2
2
300
2
Apr
2%
Feb
7%
4,407
7%
7%
1,630
8%
8%
8%
2,240
12%
12%
13
1,479
California
2
—
1
Oil
Chica
Corp
Packing
Corp
*
com
Central Investment Corp
Products
Certain-teed
Cessna
watling, Lerchen & Co.
Aircraft
Detroit
Stock
Chicago
Stock
__
*
14"%
-—20
—
Steel Corp
Consolidated
new
Inc
Telephone: Randolph 5530
Oil
Exchange
Week's
Low
Allen
Electric
American
1
1
common
Metal Products common.
Baldwin Rubber
2
1
common
Briggs
McLaren
Burroughs Adding
Machine
Consolidated
Continental Motors
1
Low
Detroit Edison
New
Navigation
20
__
Detroit Gray
Iron
Detroit-Michigan Stove
_
Klectromaster,
1
_
1
Inc
Federal
10
Truck
1
3%
12
—
••
*
Frankenmuth Brewing
1
1
Ale
Fruehauf
Trailer
1
__
For footnotes see
page
46
——
—
23 %
Jan
a71% a72%
90
lc
1.45
13%
lc
1.60
1,150
342
340
342
—
7
7%
—
8%
10
Jan
57
991
52%
Jan
65
Feb
30
9
58%
30%
Apr
—
220
30
Jan
34
Feb
—
29
29
200
29
Apr
33% Mar
—
52"%
54
673
52%
Apr
58% Mar
1.05
1.20
1,900
—
*
*
com
535
7,800
a—
13%
Jan
15%
Feb
lc
Apr
lc
Apr
Apr
2.05
Jan
1.45
32
*
*
330
Jan
650
7
Apr
300
8%
Feb
350
9% Feb
19"%
Apr
815
65c
Jan
9,800
14c
Apr
6%
Intercoast Petroleum Corp
10c
5%
Feb
Jade
10c
18%
Foods
Inc
12%
Feb
Kaiser-Frazer Corp
Apr
40
Feb
Lane
2
Lincoln
3%
2%
100
Mar
2%
Jan
14^
480
14% Mar
05%
300
88
20%
450
19% Mar
15%
Jan
101%
9%
200
6%
2,960
27%
975
25%
24%
24%
3,687
24%
9
200
2,006
3%
1,200
20%
Feb
Oil
Co
Wells
1
—
10c
Co
5%
*
Co—
Petroleum
Lockheed Aircraft Corp
Angeles
Mascot
Oil
Apr
12%
Feb
Menasco
5% Mar
6%
Jan
Monogram
Jan
27%
Apr
Mt
Apr
24%
18%
1.35
1
100
1.00
22c
6%
1,957
5%
Apr
9%
16
1.45
al6% al7 /a
620
15%
Jan
16%
10,750
1.25
Jan
183
17%
260
Jan
19
Jan
265
75c
Jan
5%
16
1.30
—
Investment Co
Co
1
1
1
—
—
--
2
~
265
265
55
80c
2
65c
80c
2 A
65c
200
3,020
2
Apr
Apr
3
%
Jan
Feb
Jan
1.60
Feb
Feb
Feb
Jan
Feb
Jan
Feb
Los
Jan
16
Feb
Hunt
Jan
3%
1.35
82 %c 82%c
14c
17c
common
Jan
34
12%
1.00 Mar
82 %c
14c
Co
High
11%
Manufacturing
Petroleum
Co
Company
Corp
Diablo Oil Mng & Dev Co
Pictures
Jan
3%
Feb
Nordon
11% Mar
12%
Apr
1
1
—
—
—
4%
4%
92%c92%C
1
21c
18c
1
Northrop Aircraft, Inc
4%
7%
7 A
22c
7 /a
1
1
1-6°
50c
1-60
50c
1-80
38%
41 A
95c
3%
Mar
95c
100
4%
Jan
5
216
92 %c
Apr
1.15
12c
Jan
22c
910
47,200
48c
Feb
Jan
Jan
Mar
Jan
Jan
Feb
Feb
3%
Apr
11% Mar
14%
Feb
11%
250
4%
4%
200
4% Mar
5%
Corporation,
2%
450
2
2%
Feb
30%
100
Petroleum
Ltd
Corp
—
230
500
7,025
7%
30c
1.10
Jan
9%
Feb
Jan
62 %c
Feb
Jan
2.05
Feb
Jan
2
11%
——
Feb
18% Mar
29
150
Apr
"
Friars
34%
20
Occidental
Motor
Feb
Apr
Jan
200
•
400
16% Mar
20
23%
18%
34':$
3%
2,585
25
19
50
18j\
11%
3%
23 %
19
101% Feb
340
Jan
12
Jan
Feb
19% Mar
al6% al6%
Jan
4
27%
24%
Jan
13%
1.20
15%
9
6%
91%
86
al6%
18"%
655
6%
—
20
common
common
_
229
405
*
Merchants
D^rolt & Cleveland
a93% a99%
14%
15%
al8% al8%
1
Car
500
2%
20
__10
Paper
Jan
Holly Development Co
92
92
4%
30
Ltd
4%
2%
—
3% Mar
Hudson Motor
Bange Sine® January 1
14%
1
•
Chrysler Corp
Co
557
34
Manufacturing
Brown
State
2%
11%
—
Jan
50
Sales
Shares
High
18
29% Mar
25
a3%
a3%
*
Goodyear Tire & Rubber Co
4%
-
18
Jan
Jan
20%
2
10
(The)
2%
2%
—
Golden
for Week
Par
Products
Aeronautical
'
28%
20,
16% Mar
1
General Motors Corp common
of Price®
Feb
Feb
14% Jan
£5
1
Gladding, McBean & Co
Last
9%
13
440
Natl Bk—.—100
Merchants
&
Farmers
Garrett Corp
Friday
Jan
24
23%
13%
Ltd class A
Co
•
Co rights
Farnsworth Tel & Radio Corp
Sale Price
Apr
6'A
al6% al6%
13%
lc
1.45
Derrick & Equip
Exeter
STOCKS—
—
—4
Electrical Products Corp
Emsco
Detroit Stock
23%
25
a26% a26%
7%
12% Mar
Exchange
DETROIT
Building
•
i
com
Douglas Aircraft Company Inc
Ford
—
.,...—5
Iron common—..
Creameries of America,
Exchange
—
1
Preferred
New York Curb Associate
24
1
Co
Colorado Fuel &
York Stock Exchange
__
20
Corp
Chrysler Corp
Members
;
6% Apr
1
Blue Diamond Corp
Bolsa
High
29,770
Broadway Dept Store new common—•
New
Range Since January 1
Feb
50%
15
1
TRinity 4121
Sales
Week's
Last
Sale Price
500
15
g
Motor
—
Angeles Stock Exchange
STOCKS—
623
2
Youngstown Sheet & Tube
14
Jan
35% Mar
52%
a70
•
ANGELAS
37% Mar
24%
a46% a46%
Chem
White
Jan
Jan
Mar
a26% a263/a
common
Works
Refining
10
499
52%
10
common
(Un)
common
Iron
17%
25%
"
Ohio
a8%
5
;
of
33 %
a8%
Eng
West 7th Street —LOS
Feb
176
33
SCHWABACHER & CO., SAN FRANCISCO
Jan
22%
210
Jan
10%
a35% a35 %
50
Thompson Products, Inc
U
4%
Apr
Jan
7%
a22% a23%
(Un)
Rlchman Bros
Standard
Feb
*
*
Corp of America (Un)
Reliance
8%
*
B
(Un)
Packer
Corp
Pennsylvania
7%
6% Jan
3% Apr
ALLEN & CO., NEW YORK
30%
30%
Jan
Apr
32% Mar
Oceanic Oil Co
Pacific Gas & Elec common
67o
1st preferred
25
—
37
25
—
41 A
1,222
37
Apr
42
Jan
120
40
Jan
41%
Apr
;
«
40
THE COMMERCIAL & FINANCIAL CHRONICLE
(2032)
Monday, April 14, 1947
OTHER STOCK EXCHANGES
range for week
Sales
Week's
Friday
Last
Range
of Prices
Shares
Low
Par
Pacific
Lighting Corp common
Pacific
Oil
Western
•
.-10
Corp
Range Since January 1
Low
High
High
7
Peb
62%
Peb
27%
Jan
11%
Feb
American
Jan
16 %
Feb
Baldwin Locom Wks vtc
Mar
Bankers Securities Corp
54
58
530
a30
a30
10
25
Feb
10%
1,688
9
15%
a28% a29%
22% 22%
1,065
14
55
stocks—
Oil
Richfield
Roebuck
Sears
&
Corp
B.._
Class
108
.
30
Jan
24% Mar
34%
Apr
39
Jan
55%
Jan
669
50
30
1.00
15%
1.35
15%
49% Mar
26% Mar
76
■-T-
29%
Budd
17c
Apr
Jan
85
Mar
112
Jan
a„
a__
—
Mar
1.35
Apr
15% Mar
16%
Jan
80c
52,952
855
General
Inc
Air
Inc
California
1,030
39
Apr
47
1,469
51% Mar
58
9%
54%
9%
410
7%
Jan
10% Mar
14%
14%
220
12%
Jan
19%
13
13%
2,699
12% Mar
15%
20%
120
20%
Jan
20%
Feb
20% Mar
22%
Jan
21
•
Universal Cons Oil Co—
__lo
1,838
9%
Apr
11%
Feb
Apr
79%
Feb
9%
*
9%
1,210
71%
1,174
27
27
Inc
21%
70%
—
70%
.
D Bakers,
21
Feb
27%
640
24%
Jan
28% Mar
17%
*
—•
Corp
Kamp's H
13
—
17%
100
17
Jan
18
70
Calumet Gold Mines Co__
Chollar
Cons
Zenda
Gold
Unlisted
Amer
G
S
&
Mining
Co
Apr
& Stan San Corp
Smelting & Refining Co
Viscose
Corp—
Ry Co
Refining Co
Locomotive
Baldwin
Barnsdall
7%c Mar
Oil
.^■Bethlehem
(The)
Works
14
Jan
55% Mar
58
12%
587
15
Feb
96%
435
86%
Jan
105%
Feb
9%
50
8%
Jan
12%
Feb
20% Mar
24%
Jan
47
Jan
51%
Apr
9
173
10
52% Mar
57
56%
59%
1,372
51%
Jan
65%
Feb
22%
22%
24%
387
22%
Apr
39%
Jan
10%
11%
457
10%
Jan
12
6%
6%
60
6%
Apr
8%
1%
1%
82
1%
Jan
1%
5%
Jan
10
—50
:
6%
•
39
39%
275
38
42
12%
410
12%
Apr
200
92
Jan
97
Jan
150
33%
Apr
36
Feb
33%
16%
Jan
—
6%
9,673
20
20%
3,179
20
Jan
20%
21%
5,274
20%
Apr
27
Feb
44%
44%
115
44%
Feb
51%
Jan
7%
7%
100
7%
Apr
24
25%
5,721
27%
28%
289
26%
Jan
107% 107%
52
104%
Feb
44
115%
6%
—
«...
24
.
Gas
12
__
•
24
7%
Feb
22%
Jan
,
Apr
9% Jan
27%
Jan
29%
Feb
107%
Jan
119%
Apr
Philco Corp common
3
25%
25%
26%
430
21
Jan
30%
Feb
Reading Co common
50
19%
19%
20%
475
19%
Apr
21%
7%
Jan
preferred
4.4%
Salt
Oil
Dome
117% 119
9%
9%
50
42%
44%
178
98%
98%
30
73%
74%
218
1
1%
1%
150
25
25
%
%
1,261
%
4%
4%
4%
2,440
3%
3
3%
1,156
*
Tonopah Mining
Corp
1
5
13%
common
preferred
Improvement
Gas
— —
preferred
Sun Oil
United
—*
-•
Paper
$3.40 cumulative
$3
—-
1
Corp
Scott
41"% Mar
107% Mar
Feb
9%
Apr
49
Jan
100
Mar
98%
Apr
71
Jan
74%
Feb
1% Mar
1%
aJn
Apr
1%
Jan
3%
Jan
5
Apr
3
Apr
4%
Feb
51%
37
49%
Jan
53
22%
23%
459
22%
Apr
24%
Jan
30
20
52%
23%
30
30%
115
29
Mar
32 V2
Jan
Mar
Pittsburgh Slock Exchange
Friday
Feb
Feb
24
23
Apr
39%
Apr
Feb
Mar
96
Jan
20%
Jan
Jan
42%
Jan
95
46 % Mar
46%
Jan
12
Apr
15%
Allegheny Ludlum Steel
Natural
Arkansas
Clark
*./■
Follansbee Steel
Apr
63
Electric
Solvents
Corp
Corp
25
58%
42%
Jan
Feb
__
*
a23%
25
Lone
•
l
Corp—«.
Corp*—
Mountain
National
Fuel
8
Fireproofing Corp
l
Feb
Feb
Reymer
A———w—
l
Electric Bond & Share Co
(B
P)
-I
>
Apr
Feb
18% Mar
20
Feb
4
14
Mar
16%
Apr
39%
Apr
200
10
Jan
830
10% Mar
28
28
360
285
16%
8%
8%
21%
Apr
Jan
21
27
Jan
15%
120
Jan
25
8% Mar
29% Mar
22% Mar
10%
21%
85
21%
Apr
24%
18%
18%
213
173/a
Jan
19%
Jan
16
16
173
14%
Jan
16%
Jan
Jan
10%
Feb
9
972
8%
4%
4%
4%
420
4%
Apr
1%
1%
111
1%
Jan
1%
35%
*
Mining
35%
36%
455
35%
Apr
42%
Feb
8%
162
7% Jan
9%
Feb
8
8%
7
51
51
51
13
13
13
10c
15c
22%
22%
50
11%
11%
100
30%
31%
24%
25%
10c
—
1
__
common——1
Glass
States
30%
Air Brake
——•
Electric Corp——12.50
Westinghouse
Feb
8%
--
—5
10
•
100
41
I
Shamrock Oil & Gas
United
Jan
21%
5
Bros
&
Feb
20
12%
12
51
Apr
24%
Feb
5
58
Jan
Feb
13%
Feb
10c
J*n
20c
Jan
22%
180
Apr
22%
Apr
16
Feb
13
1,711
Jan
113
11% Apr
30% Jan
35% Feb
158
23
28% Feb
Jan
Feb
42%
Jan
64%
Jan
3%
Jan
Westinghouse
Feb
42%
4
350
&417/s a41%
100
all%
—
15%
12%
11%
Jan
35
.1
al2
11%
36
Jan
13%
Apr
17%
Feb
45%
Feb
46% Mar
9%
Jan
10%
Feb
23% Mar
25%
Jan
442
10%
230
135
10%
a—
32% Mar
216
a22% a23%
—
„
St. Louis Listed and Unlisted Securities
5% Feb
a—
70
13%
a45 a46%
a45
65 % Mar
78
a32 a32%
131/2
•
6%
5
75
4
7
;
—
5%
110
v
..
Loew's Inc
270
792
'
Corp
——*
International Nickel Co of Canada—.*
International Tel & Tel Corp
•Kennecott Copper Corp
♦
31% Mar
Jan
13
15%
12%
11
Feb
30%
a59% a61%
a41%
Iron
Jan
12%
351/4
35
a59%
Graham-Paige Motors Corp
l
Great Northern Ry Co pfd———•
37/a
Apr
203
5%'
a
Apr
.
a42 % a42 %
i a42 %
*
Libby, McNeill & Libby
9
al3
;
•
-
Co__
3
395
al9% al9%
5
General Electric Co—
General Poods Corp
780
51%
Jan
19%
Pittsburgh Brewing common
31%
9%
a28a28%
_
10%
8%
1
24%
3-3%
„
Apr
10
Mar
Jan
9
10%
•
Supply
Mar
Feb
12
9
50
10
30
32
_
Feb
10%
19%
Refractories
Walker
Star Gas
24
Jan
10% Mar
a30
48%
1
80
24
a29%
Apr
5
10
150
37
60
a23% a23%
—
40%
■+;'
—-/L
Pittsburgh Plate Glass
Pitts Screw & Bolt Corp
Pittsburgh Steel Fdy 5% pfd
a28 a29%
alO% all%
__
•
90
15%
•
Brewing,-
Harbison
41%
n
•
41
-
Electric
&
Duquesne Brewing
Pitt
—
10
Co
Gas
High
Low
40%
10%
♦
Co
(D L)
Range Since January 1
Shares
High
Co—
Gas
preferred
Columbia
Low
Feb
325
a57
Range
of Prices
Par
Fort
20%
Sales
for Week
Week's
Last
Sale Price
stocks—
Mar
53
12
a57
__
Mar
90
10
a43% a46%
__
25
Jan
22
33%
265
a41
10
&
Zellerbach
Jan
13%
Jan
Edward D. Jones & Co.
'
-
Established
300 North 4th
1871
St., St. Louis 2, Missouri
Members
McKesson
& Robbins, Tnc
Montgomery Ward & Co, Inc
York Central
North
American
North
American
RR
-—18
ie%
>
Pennsylvania
Railroad
New
St.
22%
Feb
9%
102
Jan
10%
Feb
188
26 % Mar
32%
5,304
4ft Mar
-1
16
1,742
4
g%
9%
446
6
7%
—
26%
700
25% Mar
30%
New
St. Louis Stock
Jan
20%
1,040
20%
Apr
26%
Feb
39 %
39 %
250
39%
Apr
41%
Feb
57%
67
54%
Jan
60%
Feb
a24%
8%
*. 26
a25
8%
27%
22%
Jan
8%
Apr'
25% Mar
10% Feb
i4s/8
•
Phone
CEntral 7600
Bell Teletype SL 593
Exchange
Exchange
Chicago Board of Trade
York Curb Exchange Associate
Feb
26
56%
*
25
Stock
Stock
Chicago Stock Exch.
4}| Apr
Jan
20%
__
York
Louis
Feb
g 14
--50
Phelps Dodge Corp
Jan
Feb
16%
4ft
*
Co—
42%
62%
9%
.
—
4ft
Packard Motor Car Co—
Apr
Apr
Apt
16
10
,—
Paramount Pictures Inc
38%
55%
a26% a28%
1
Co
161
410
55%"
55%
__
*
Aviation Inc
a36% a38%
—
_•
—.
Rights
39%
Friday
Exchange
Sales
Week's
Last
Range
for Week
Sale Price
of Prices
Shares
'
Pullman Incorporated
Pure Oil Company—
•
i
♦
/
'I Radio Corp .of America
-Republic" Steel Corp
—♦
Bocony-Vafcuum Oil Co
18
Southern,
Railway
Standard
Brands,
Oil Co
Standard
♦
'
Co
Inc
*"•
_*
—
(Ind)
_25
Standard Oil Co (N J)—.——28
®^°"ev&w Webster, Inc——
Btudebaker Com
Company—
Texas
.
f
Carbon Corp
Union Pacific Railroad Co
5522 1\T LI"e® Corporation
InC
Aircraft
United
BRuSC? Co
S Rubber r?el)-
-.10
^
r
I
10
5
1
10
•
-
485/
•
810
25%
14s/8
240
14
39%
487
a34% a34%
a65%
^
178
Jan
30%
Feb
Mar
15%
Jan
47
Feb
American
Bank
a__
39%
a67
332
a!5% al5%
10
21
Apr
a__
—
Feb
Inv
Bldg
-
21
65%
15
335
19%
Feb
68
Mar
Clinton
Industries
Feb
General Motors
General
Shoe
25%
Houston
Oil
Feb
common
(Un)
(Un)—
common
(Un)
110
34
Apr
37% Jan
248
57%
Jan
60
Feb
a49%
a49%
a50
245
51%
Jan
51 %
Jan
International
a 19%
al9% al9%
119
18% Mar
20 %
Apr
a95% &99%
.27
93%, Jan
93%
Jan
Johnson-S & ^inxie COWihOn—
KnapivM&Mrch common
a22% &22%
30
^
__
261/2
19%
3^
49%
518
36%.
228"
19%
22% "Feb
! ; 17%
246
49%
3%
49%
20%
Apr
205
31/*'
'
—
27% Mar
Jan
Apr
4%
59
Shoe
WooIWorth
Company
footnotes
see
(P
W)
page 46
10
a47%
a47% a48%
„
Laclede
Steel
common
Jan
Missouri
Feb
North
Portland
American
Cement—
common
(Un)
22%
Jan
18% Feb
St
Jan
23 ;•
Feb
Sterling Aluminum common
24%
Jan
28%
Feb
9%
Jan
48%
Apr
—
13%
,
36 % Mar
290
25
Jan
35
Mar
39% Mar
30
Mar
Feb
50-.
Feb
Louis
Stix.
Public
Baer
Wagner
Service
cl A
& Fuller com new
Electric
common
39%
Feb
Feb
35%
95
57%
58%
218
51% Jan
65%
34%
21%
76
33%
Apr
36% "Feb
40
19%
Jau
22% Mar
28 %
410
27 -
Jan
30
2%
200
40
40%
3,039
15
11%
13%
33%
13%
22%
5%
22%
20
20
26%
28%
5%
25
25
26%
4ft
15
197
100
23
-
2% Jan
37%
14
35
Jan
Feb
Jan
42% Mar
15% Mar
Jan
12
Feb
Jan
15
Mar
5% Mar
7
Feb
23
Jan
21
285
19%
30
Jan
Apr
26% Mar
335
4ft
Mar
11
845
935
9
4ft
4%
13%
50
150
Apr
17%
50
Feb
15
13%
20
Laclede-Christy common—.—
Laclede Gas Light common
43'
"
Jan
9
11%
1
5
4
Rights
.
36%
Jan
37%
2%
40
common
600"
4ft Mar
22
33%
Mar
Jan
4i| Apr
50
8%
Apr
10%
:—*—1
28%
28%
27% Mar
29%
Feb
,14%
15
250
14% Mar r
18
Jan
"
45
333
40
*
V
Jan
Apr
7%
28
34%
Huttig S & D common
5
Hydraulic Pressed Brick pfd——-100
50
a2,,/*
7%
29%
21 %
57%
25
-
1,870
6% Mar
155
35%
*
10
1
common
common
59
__
High
13% Mar
405
28%
34
261/2
*
Jan
-
37%
common—
Botting
Jan
8—
9
9
12%
50
Jan
15% Jan
—
Low
v,
80
7
30%
29%
34
,(a--^
13%
13%
7
common-
common
59
II
w-
—..
Century Electric Co commonCoca-Cola
41%
Eqpt
&
Shoe
common
Range Since January 1
High
Low
General Electric
a65 %
,
39%
20
a39% a40%
—
*
—100
165
;7"
stocks—
Brown
II
*
Tide Water Assoc Oil-.—
■
„
_25
—
Union Carbide &
•
,SV»
^
■
^
,,
Company
Texas Gulf Sulphur Co
For
.
*
100
100
$1 preference common
3.8%
preferred
Feb
7%
Apr
19
20
a41 a42%
__
5
Ry
302
a89% a90%
a20% a20%
a89%
15
110
a23% a23%
33% 33%
__
6
639
6%
a21% a21%
—
5
Curtiss-Wrlght Corp
U
Jan
6%
15% Mar
a85a85%
6
JL*
Continental Motors
&
Feb
Jan
20%
52% Mar
33"%
5
Commonwealth Sc Southern Corp
Swift
Apr
20%
San Toy
,
11%
Jan
a51% a51%
—
5
.Commonwealth Edison Company
|
'
-5
—
Feb
164% Mar
a85
13
Corp
Pacific
Commercial
.
Apr
*
Blaw-Knox
Cities Service Co
,
Feb
88
11%
508
Pittsburgh Oil & Gas
New
Feb
24% Feb
93%
—
1,275
Westmoreland Coal
175
3
Caterpillar Tractor.
Interlake
11%
174%
1
6%
Company
Corp
Steel
Canadian
Goodrich
Mar
21%
Light
Jan
12c
577
25
Company
Class
76
Apr
RR
-50
Pennsylvania Salt Manufacturing—10
Pep Boys
1
Philadelphia Electric Co common
•
Penna Power &
United
225
5
Borg-Warner Corp
Crown
50
28%
10
Apr.
12%
50
Boeing Airplane Co__
Columbia
88
51%
Pennroad Corp
Jan
2,00
14%
14
a51%
100
Aviation
Borden
Feb
a54% a55%
al64%al65%
14
__
14
Manufacturing Corp
'Bcndix
35c
Apr
1.00
Feb
Corporation—
changed to
Name
Avco
:
4,000
*
T & S P
Aviation
8c
•
Copper Mining Co
Armour & Co (111)
Atlantic
1,300
8c
21c
10,500
100 al64%
Anaconda
Atcn
35c
1.60
34c
6%
Apr
88
Jan
Stocks—
American Tel & Tel Co
American
21c
1.55
25c
Co
4%
525
I
10c
Mng
Rad
American
5
47/8
10
Jan
20%
Preferred
Mining Co
19
88
Pennsylvania
Stocks—
Alaska Juneau Gold
125
50%
Transit Invest Corp common
Mining
21%
21%
common.
Lehigh Valley RR
Jan
20 %
—
164%
21%
51%
Motors
Brothers
Lehigh Coal & Navigation
Feb
—
25
—
United-Rexall Drug Inc
de
Feb
40%
2
Van
"
39
5
Steel
Feb
53%
Transamerica Corporation-.
States
Feb
32
39
Transcont &
United
32%
Mar
.53'/a
50c
„
.
Union Oil. of
Mar
29
*
1
Sunray Oil Corp
Western
29
2,618
29
•
——'
Standard Oil Co of Calif
Textron
3,192
29%
29%
29
-25 "
Pacific Company
Southern
31% Apr
31%
25%
Jan
2,481
31%
25
6% prefered class B
5%% preferred class C
i.
34%
33%
29%, .29%
23
High
214
971
•
National Pr tt Lt ex-distribution
Southern Calif Edison Co Ltd com
Low
26%
13%
Battery
Storage
26%
*
Co commcn
Range Since January 1
High
164% 165%
—
5
Corp
Curtis Pub
Gimbel
26%
164%
*
Co
Chrysler
Electric
Low
preferred—_50
Feb
11c
Shares
*
-100
—13
& Tel
Tel
Delaware Power & Light
20
34,500
al07%al07%
1
1.05
•f1- "
—
Signal Petroleum Co Calif
Sinclair Oil Corp
—
__
Feb
21%
35
a26%a26%
14c
17c
108
110
—
41
-—
——
26%
69
50
—
*
Signal Oil & Gas Co class A
100
34%
—
—15—25c
Oil Corp.——
Trading
22%
—30
—
Shell Union
Sierra
—
•
Co
Security. Co
15
—
1
5
Aeronautical Co
Safeway Stores Inc
Ryan
10%
10%
1
•
Corp common
for Week
of Prices
Per
American Stores
Republic Petroleum Co common
Sales
Range
Sale Price
Feb
770
—
Week's
Friday
1
Last
5% Mar
*54
Apr
5%
5%
—
*
Puget Sound Pulp & Timber Co
Philadelphia Slock Exchange
for Week
8aie Price
STOCKS—
ending april 11
8%
Jan
"
5
15
15
45
42
2%
3%
25
4,223
Mar
51% Mar
2% Mar
3% Mar
"
"
Volume
"Number 4585
165
THE COMMERCIAL & FINANCIAL CHRONICLE
-
1
>',rr
•
,*.
ti<«
OTHER STOCK
EXCHANGES
RANGE FOR WEEK ENDING APRIL 11
"
J £
Friday
Friday
Week'*
Last
Range
Shares
Par
Aireon
Mfg
Corp
Low
37/a
600
2%
Jan
5
4%
4%
4%
150
4%
Apr
6%
20
32
32
32
268
32
2.50
Apr
36
8%
9%
1,335
8
Mar
12
Jan
—2
*
5
Preferred
Calif
.
Cotton
California
—'
.
Art
Tile
6%
205
100
5
5%
400
Preferred
Jan
13 %
Jan "
Co common
44 %
v
27%
54
56%
56%
1.40
1.30
1.45
■Si 93
93
953/4
23
-25
26%
•
Corp
Corp
common
a
Kleiser
86% Jan
63
•
"■
240
23
26%
27%
505
2iy4
Jan
693/4
69%
28%
580
69
Jan
263/4
26%
781%
100
24%
Jan
28
Co
9%
9%
29%
30
1,090
291/4
Apr
3163/4 3163/4
31 %
31 %
20
316 3A
Apr
150
29%
Jan
9%
20
30
100
1
31%
50
common-
,
Alleghany
20
Linen
120
common- —1
26%
Apr
120
13%
Jan "
75
18%
10
30%
Apr
Jan
a29% a30»A
265
a
163/8 al6%
18
19
a37% a37%
-a85% a85%
10
1
9%
Service
Corp
common
Factors
32%
Anaconda
Jan
Jan
Corp
San.
Foods
1,1«6
213/4
Apr
9%
420
Feb
1
133/a
14
450
13
Jan
163A
Feb
!
14
/Jan
17
Feb
14%
14%
a55% a55%t,i
V
a55%
165 %
164% 165 y8
—14
a53%
a53% a53Va
1,551
•!•?■• 75
14%,
,
Copper
-33
Mining-
-50
Kaiser-Frazer
38%
38%
12%
-100
84%
12%'
1384% 84%
—3
;tr
,
Jan
7
1
—_
809
Apr
9%
215
82 % Mar
923/4
150
6% Mar
7
5%
5%
600
563/4
59%
1,668
22%
43/4
Jan
5%
Jan
Jan
65%
Feb
20
Jan
28%
Feb
22%
Jan
23
30%
347
30
Jan
28
29 %
504
101% 102 %
134
101 %
34%
Apr
755
28%
Apr
28%
28%
30
28
35%
Apr
California
,
26
26
172
26
20%
21
324
1.05
1.10
1,700
42
43%
337
42
al6%
a
18%
163/4
16%
Feb
Jan
37%
Jan
29
Jan
253/4
Feb
1.00 Mar
810
6
6
6%
12
0r/o
Power
26%
26%
27»/a
34%
34%
34%
20%
Feb
Jan
24%
24%
10 Va
10%
12
al20
6%
preferred (1927)
Canadian Pacific Railway
wlOO
III;
25
Chesapeake & Ohio RR
Cities Service Co common
12 %
453/4,
25
—4
—10
Commercial Solvents—
Commonwealth & Southern
Consolidated Edison Co of
Consolidated Natural Gas
Feb
1.45
Feb
93/4
23%
■
Curtis
Publishing
Co—
Curtiss-Wrlght Corp
Dominguez Oil Co...
Dumbarton Bridge
3
821
27
a47%
9
a9%
5%
5%
Goodyear Tire & Rubber common.
GrahamrPaige Motors common
Great Northern Ry non-cum pfd_.
.»
Holly Oil Co...
Hupp Corp
14% Mar
17%
456
31%
Jan
40% Mar
2.20
10
Apr
14%
13%
143/4
835
13% Mar
15
Feb
11
11
11%
460
11
14
Jan
Apr
12
12
12
100
12
Apr
14%
12%
12%
1,300
11%
Jan
12%
26%
26%
26%
Apr
500
26%
Apr
30%
Jan
53c
53C
53c
100
27c
Jan
60c
Feb
Jan
31
10%
a30% a30'%
100
30"%
10%
450
10
103/a
100
10 %
Mar
Feb
13
Kennecott Copper Corp,
•
35i/a
7%
77/a
561
25
363/4
36%
39%
10,478
25
41%
41%
41%
1,350
25
,37 Va
373%
373%
483
35%
Jan
25
343/4
38%
Feb
343/4
34%
387
32
Feb
343/4
Apr
'
Apr
7
Jan
9'A
Feb
36%
Apr
42%
Inc
—
39%
Jan
41 % Mar
54%
58
Apr
62 3/4
Feb
14%
14%
200
12%
Feb
15
273/4
3,550
27%
Feb
108% 110%
114
a30 Va a30'/a
91
70
70%
54%
28%
105% Mar
129
Feb
Jan
26%
Feb
26%
Feb
70
Jan
78
Feb
107%
534
Apr
108
Apr
107% 1073/4
30
a52
a52 a53%
105
57
Feb
57%
Feb
28%
28%
29 y*
580
25%
Feb >
30%
19
19%
275
18%
Feb
86
27%
Jan
86
86
50
86
1
'21%
Apr
93
Jan
213%
21%
„25
36%
36%
363%
150
Apr
353% Jan
10%
10%
10%
201
10
21
21
•
.100
_:
—1
'
!
1
*'
common.:
common—
—1
y Safeway Stores Inc
310
21 Vs
21%
353
15
15
15
41
41
41
45
14%
39
•25
Feb
38
41%
16%
16%
5
223%
22%
—10 pesos
—
12C
12c
16%
Feb
35,
•
15
*
34%
N
Y
Central
North
Co
14c
Southern Pacific
Co..
I
common
L—
Tide Water Ass'd Oil common
Transamerica Corp
For footnotes
---|rv.
see
59
39%
39%
page
51%
4
1,025
41%
248
4.
41%
7%
100
200
a31%
13%
•
a45
a223A
39%
60 3/s
Apr
41%
Feb
Apr.
8% Jan
7
Feb
300
2.80 Jan
3%
Feb
5% Apr
3%
3%
a31 a323/8
201
31% Mar
36%
Jan
13i/a
242
13% Apr
17%
Feb
a44% a46%
280
46% Jan
49%
Feb
a22% a23V2
85
23
Mar
25%
Feb
r;^6%
Feb
13%
23%
'435..
23
Apr
"57
57
435
56
Jan
2.00
2.00
2.10
900
23%
233/4
.
2.00 Apr
16%
16%
16%
335
4,1,64
Feb
;.|.|,i|l60;.Jaip..:
21
21%
582
18% Jan
16
16
16%
820
16
common-
;y
15% Jan
21
*
Oil
Onomea
Pacific
Co
Apr
II
10
10
10
100
.10
27
27
27
463
4%
413
7,456
120
22
4x« Mar
18%
19y« Feb
.22% Mar
,
26(4 Mar
Ltd
100
9%
Jan
Feb
,
10% Feb
32%
Feb
43/4 Mar
al7%
a
173/4
173/4
30
a23% a23 Va
50
18
Jan
17%
Apr
a23J/a
20
Cement
Co
13
13
13
10
17'%
17%
17%
*
com
6'%
6 Va
6%
305
13
13
13
268
11% Jan
15
25% Mar
common
American Airways
2.50
60
170
1
26 Va
26%
263A
260
Park
1
a3%
a3%
a3%
a—
Cons
Mines.*
13
Jan
Pepsi Cola Co
Gold
Pioneer
Mill
of
Mines
B
C
Jan
20% Apr
25% Jan
26%
Feb
203A
959
26 Va
26%
360
73/4
73/4
10
7%
Apr
7
7
7
25
7
a57%
—*
a553A a57%
142
54%
Apr
Jan
a23%
130
21%
30
a25
.
73/4
8%
Jan
'*
Feb
Jan
a24
Pullman Inc cap
Pure Oil Co common
Feb
7% Feb
4'%
20%
20
Co
18 3/4
•
307/a
7%
'
—.
Feb
Jan
3%
20%
1
■
15
Jan
6
26v4
50
331/30
Pennsylvania RR Co
Pioneer
a—
12 3A Mar
50
Utah
22% Feb
21% Jan
•
Sugar Co
Motor
al7%
173/4
20
common
Portland
Packard
Pan
Pacific Railway cap
Sugar Co
Ohio
Radio Corp of America
Radio Keith Orpheum.
Republic Steel Corp common.
Riverside Cement Co A
,
Feb,
Apr
Feb
58
Mar
25
.
Mar
Feb
13
'
ir-
'1
Apr
19%
Water
40%
26% Mar
42.
2,345
65
12%
100
37%
5 % %
Jan
Jan
.
29%
29%
19%
-20
13
13%
3,174
■'
,
Jan '
Jan
38%
•
Feb
30
•
/;
112
100
8%
52%
Feb
40% Mar
39v
Apr
47
15%-
15JA
21
-Mar-
12%
Apr
15% Jan
103/4
capital.
Swift
&
Feb
100
8%
13
Jan
15%
Feb
1,357
25%
Apr
30%
Feb
330
-15 %
Apr
18%
Feb
Jan
1,420
153/4
*
'
Apr
%■'$:
!
20
..15
18%
140
18%
21
Jan
.15%
155/a
15%
199
15% Mar
16%
Jan
14 %
'
14 Va
14%
1,535
14
Mar
15%
Feb
31%
20
.
——
preferred
31%
34 '
34(4
Feb
..25
29 %
29%
29'A
658
29'/a
31%" Apr
Apr
32%
Feb
..25
common
29'/a
29%
29%
254
29
31%
Feb
..25
'
Corp common
Co——
—
a33
/?
25
a66%
-1
——25
20
a33y2
United Aircraft Corp common
United Corp of Delaware
Utah-Idaho Sugar Co
5
1
5
20%
3/4
3%
781
a33% a34Vk :
"
21
a33% a33%
35
VMar
56
*34% Mar
282
633/4 Mar
69V4
Jan
980
-
a67% a67 %
20
Apr
18%
24%
Feb.
36 V*
Jan
20
...
Jan
343/4 Mar
20% n*
100
3'/a
"iV\
600
3'/0.iApr
4
3%
4
200
3% Apr
43/4
Jan
18%
Feb f
50c
Jan*
"
20%
.
18%
20%
Jan
-
Va
Apr;
Jan
Jan!;.
Feb
Jan
'
27%
Mar
;
83/4
al3% al3%
25'A
•
•
Jan
203/4
51 % Mar "
29% Jan
'525
,
13%
25%
Standard Brands Inc
15
15
15%
525
15
common—4—-—1
30c
'30c
30c
145
30c
-1
S™
4
,570
Telegraph class A—-•
al9%
Westinghouse Electric Corp com—12%
Willys-Overland Motors————
-1
Woolwortb VP W) common,.,; n ,
■■■.,,10
24 /2
10 A
Warner Bros Pictures—
Westates
54%
a
•
"
"
53
Co—
preferred
> Studebaker
Apr
""84% jan
1,805
a£o%
12%
29%
"
.
39
12%
19%
.
60
al9%
39
10
343/4
270
a203/a
10
185
50%
...1
24'/$ Mar
20c
8%
...»
•
Shasta:
So Cal Ed Ltd
Apr
598
18% Mar.
6,676
123% Mar
f.
.
Feb
5% Feb
Feb
5
57
Standard Oil Co of N J
35
.
Jan /. '
6Va Feb
16
Jan
,
Apr
Jan
•
Rights
Feb
12c
39%
1
2
46
497
4
5c
Aviation—_
Jan
"
——53
Super Mold Corp
i
50
25
2
Standard Oil Co of Cal—
25 %
/
„
>
Mar
4%
American
North American Co
16
213/4
63,200
108 110% ;
r.
•
(y S perry Corp commoni—_————*
51%*
35
41%
5%
-•
capital
47
{
a26% a27%
108
5
series A pfd
RR
Jan
16%
"
a27 %
1 ;
JSbundview Pulp Co common*..
Mar
"
1,156
*
7%
-•
Nash-Kelvlnator Corp
Mar
Feb
880
223/4
-
.•
515/a
3%
•
Sinclair Gil Corp..
Socon.v-Vacuum Oil
25%
.
350
'
y*] Sears, Roebuck & Co capital.
y* Shell Union Oil common^.
Signal. Oil & Gas Co class A.—
35%
5%
.1
—
Feb
11%
'Jan
203/i Mar
163
10
common——
San Mauricio Mining
>
v
6%
S & W Fine Foods Inc
143/a Mar
23
Feb
19
'
common.
common..
-
Feb.J;i>
6y4
5% Mar
50
Mar
27%
70
Co_.
100
Paramount Pictures common
55
108%
«
1,100
35i/a
4
_*
common
Navigation Co
Montgomery Ward & Co
Mountain City Copper
Jan
107%
Corp
Jan
27'%
Preferred
—
12%
14%
Phillips Petroleum Co capital
Puget Sound P & T common
Republic Petroleum Co
•
515/s
-1
Matson
Oahu
10%
7%
a30 Va
*
Feb
Jan
103/8
1,038
12
Feb
Jan
12%
Corp
Rheem .Manuf acturing
24
51/4
al33/4 al3%
Feb
33/4
5
common
5% Mar
39 ,;- Feb
Feb
274
Co's common
Rayonier Incorp
200
/*—I';..
129% Feb
Apr
38% Apr.
10% Jan
5%
Apr
10
Preferred
a—
105
...
„
Jan
Feb
9i
7%
20
2,350
10%
jan
37/e
29 %
;
a— ".
65.
5%.
23
133/4
——
10%
5
-
161
a9%
5% '
5%
a
.*
Jan
16
a30%
243/8
Apr
Apr
;
375
9%
a38% a383/4
a9%
General Electric Co
Jan
2.50
common
...
9
23
10
1
Railway Equip & Realty
a47 i/a a47%
a38%
.10
17%
373/4
*
/
; ;i
...'29% Mar
23% Mar
1,400
-.5
Inter Tel & Tel Co common
16
common
Oil
100
3'/8
271/4
r.
Feb
2.20
I
Western
,..Jan.
3
1
Jan
363/4
Pac Pub Ser common.
Pac Tel & Tel
26
Feb
Jan
16
common
Corp
Jan
45
.
27
—
i
Electric Bond & Share Co
Northern
Lighting
233/4. 233/4-
*
36%
30
1
1st preferred
Feb
54%
"
Feb
14%
3
...
27%
Mar
•
1st preferred
5%%
1st preferred
5Vo
1st preferred
) 112 y8
27%
5
Jan
25
2.20
*
:19% Mar
•
AprApr
1
24
363/4
>
Febm
••
Apr
12 y4
15
33% Mar
556
1
.3
!
Vj
23
110
805
19
91% Mar
122%
•
Y—
Idaho Maryland Mines Corp..
International Nickel Co Canada-
.5
Lines
6%
46
;
;
Feb
1
Co
a28%
V "/
i
-VsS 5'A Feb
"
Apr
Jan 1
Feb
400
a29
45;
a283/a
,
Jan
122 Va
36 :f/
12 3%
23A
•
18'/a Mar
6
•
N
Continental Motors Corp common
Continental Oil Co (Del)
Loew's
Pacific Coast Aggregates
Pacific G & E Co common
^200
;
38% Feb
91% Mar
3'A
.
Feb
\
237/b Mair
Apr
Apr
19'A
18'%
121/4
2
,
40
Cons
18%
'; 16 y2
Mar
13
all9% al20
110'
111
Feb
;,
Apr
373/a
Apr
Apr
6
220
al6% al67/a
1.00
100
10%
Feb
36% Mar
-
35
24%
al6%
18%.
v
12,261
/
24%
Mar *" " !
33 V»
286
4
Feb
:
Jan
Mar
29
Apr
10
135
1
45
18%
220
II10
1.35
Jan
16% Mar
5,950
113/4
a36% a36%
,<*Apr
403/i
50
20
a
18 %
100
«
common
2%
pfd__100
3%
a20V8 a21s/8
7%
!
Jan
19% Jan
1,200
a88% a90%
96 V2
Apr
I
Feb
15% Mar
—
103% Mar
20% Mar
1
—
Oregon
.
26
20%
1.05
a20y8
'
1.05
Petroleum
Inc
Apr
Jan
1.05
1
Feb
225
22%
30
28
•
3%
—5
41%
Apr
6
h
43'/a Mar
Jan
52%
12
Oliver United Filters class A™
Class B
Spiegel,
Apr
123A
115
2%
*
1.05
Inc
Feb
8
378
-
a88%
IIIi
Airplane—
2
Jan
Feb
'i.—
a._
84 y2
360
22
57%
38 ya Mar
.
175
a32a33%
2%
National Distillers Prod
v
315
Mar
v63%
6%
a363/a
common:
36
7
7%
a795/8 a81%
2
Natomas Company
North American Oil
%
:,i 32
340
.
6%
22
a32Vs
*
Blair & Co Inc caDital
Boeing
23 %
15
Calculating Machine
Mfg Co common
Gas
393/i
6
6
22
5
Berkey & Gay Furniture Co
Bethlehem Steel common
Feb
Apr
•
Co
City
Corp
Jan
200
20
(R G)
Co__
Jan
20%
1013/8
6~66%
Plantation
Corp
Oil
Aviation
11"
19%
30
"a
common
National Auto Fibres
So Calif
775
!
Feb
174%
*
v.
a
14
Jan
22 y2
»
Co—
Morrison Knudsen——
k
34%
—5
—
32
'
IHi
Marchant
Robs Bros
Jan
!22
493/4
19%
53/4
Apr
100
Jan
«
Ltd.l
Lockheed Aircraft Corp..
$
56 3A
164%
;
—5
Mar
6%"
Libby McNeil & Libby
Oil
77
Barnsdall
40
a79%
•
:
Leslie Salt Co—
Richfield
390
Bendix
23
•;
III100
Langendorf United Bakeries cl B
t
32
Jan
435
i
35
50
1,155
1
Jan
344
42%
/
Apr
&203A a203/4
32%
Jan
3%
al2% al35/8
32
i
...
113A
293/4
com
32,
;
8% Jan
Jan
Jan
a
36
a203%
41%
*
Inc
Sugar
LeTourneau
Apr
24%
»
common
Inc
Apr
123
9%
23%
39 V2
Jan
140
Jan
108
Jan
4
Jan
32%
-
Jan
114
34%
—
;
Jan
30'%
•
-al2%
Mar
105%
11
24 %
Idaho Power Co.
Preferred
4
.100
Manufacturing Corp
Feb
28
47
Feb
30
„>
com
.
Jan
21%
5%
IXL Mining Co
.•••*•,?
•
4
•
—13
17%
23%
21%
563/4
Co
Pineapple. Co
Hutchinson
107
Jan
37%
9'A Mar
.100
Jan
-Apr
1,096
2
Honolulu Oil Corp capital——_L
•v
100
Baldwin Locomotive common
Baltimore & Ohio RR common.
18
24%
-110
common-
^
Motor Car
28%
28
106%
15%
.11%
133/8
.20
Armour & Co (Ill)
Atchison Topeka & Santa Fe—
Avco
Feb
30%
•
19'/4
,
2%
Development..^
it
9%
Feb
30%
.
Ltd
American Woolen Co
,Jan
16% Mar
41%
*
&
Stores,
45
1,573
1,548
all3%all4%
'i
'
—
McBean
Greyhound Corp
Paraffine
9%
39%
a_.
Apr
Mar
330
19% Mar
4
a85%
common
American Radiator & Std
Jan
•
193/4
Mar
22
..10
common-
*■
preferred
Pacific
970
a37%
Amer Smelting &
Refining—.
American Tel & Tel Co
Feb
32
Golden State Co Ltd common
Pac
20
9% Mar
28
31
15
9%
*
common
preferred
Can
20
752'
*
common
American Power & Light
-Feb
30
21%
.
Corp common
General Paint Corp common.
Pacific
'
316%
•
1
"
Jan
Mar*** *
27
1
Bunker Hill & Sullivan
General Motors
Occidental
23
•
1.'45 Mar
105
Apr
30
Jan
Jan
'
26%
22
•
Co.——.
■ '
*
,
National
56 3/4 Apr
57c/ Jan
600
22%
203/4
Unlisted Securities—
Feb
55
18%
18%
5
Mfg
Machinery Corp
Menasco
3,402
*
30
Apr
a24% a24%
16%
...5
common
Farnsworth Tele & Radio
Magnavox
Feb
52% Mar'
15
4
a29 Vx
-1
common
Oil Works
,
263A
772
f
24
26%
18%
a24 Vi
-1
common
Emporium Capwell Co common—
Ewa Plantation Co capital
Hunt
Jan
46%
Apr
18%
15
20
common
Hudson
11
High
20% Mar
"
263/4
;—.100
Yellow Cab Co
Apr
520
69%
Mar
15%
23
1
-v":
Air
Doernbecher
;El Dorado
57%
23
28
Bros
105
Mar
44%
.
52
107
Hale
9
1,118
54
-* all3%
Holly
100
26%
-5
Hawaiian
700
44 %
44%
9
54
-*
4%
Pacific RR
American Viscose
Zellerbach
Cum
9 r/
27
-3V3
/Di Giorgio Fruit Corp A
1
'/
9
•
preferred
Gladding
Western
6% Mar
92%
2nd
j
Jan
23
655
•
common
Western Dept Btores
Jan
Range Since January 1
Low
21%
10
Preferred
5
20
Preferred
Galland
Jan
4%
210
50
.Creameries of .Amer Inc
Foster &
Feb
100
——;
Vultee
Food
240
Apr
15 %
.Columbia Broadcast S^st class B_i.2y2
{.Commonwealth Edison
25
♦
)
4%
97
_.
Counties G & E 1st pfd_:
Colorado Fuel .& Iron common
B
200
203/4
•
Shares
High
10
Indies Sugar common
"6% Apr
Mar
15%
common—*.*
Co.
23
common
Fargo Bank & U T
American
Chemical
Crown
45
4%
5
97
—♦ ;
_.
Coast
Cons
205
4%
2,300 *
15%
Central Eureka Mining Co common..1
/ Chrysler Corporation common
..5
•
205
4%
5
Caterpillar Tractor
..
6%
*
A
Co--
Packing Corp
Preferred
Clorox
53/4
_100
.
class
Mills
Ink
." California-
{
common
Wells
West
Bishop
California
12%
Consolidated Oil
Victor Equipment Co
Waialua Agricultural
Jan
8^/4
-100
Co—
Corp
Universal
Feb
—1
Oil
203/4
Jan
Bandini Petroleum
Calaveras Cement Co
U S Steel
High
3%
Bank of California N A
-
Low
3%
10
Atlas Imp Diesel Engine
of Prices
Low
25
United Air Lines Corp
Range Since January 1
High
50c
Alaska Juneau Gold
Mng Co
Anglo Calif National Bank
f:
Union Oil Co of California
Union Sugar..
for Week
of Prices
for Week
Sale Price
v/ Par;./'/<"•
Sales
Sale Price
STOCKS—
STOCKS—
Exchange
Sales
!• Range
Last
r;
San Francisco Stock
Week's
58
Feb
-—
5
Jan
3%
Jan
4%
•
Jan
Feb
32
Petroleum
Preferred
.20% Jan :
15% Jan
Western
Union
al9 al9%
24%
10'A
10%.*
48
_
*
24%
48
Feb
205
17% Jan
23
514
-
—
23J/a
Jan
28V4* Feb
100
10
Jan'
855
48
.
;
Apr
13
52%,
:
Feb"
Jan.jV
2
THE COMMERCIAL
(2034)
& FINANCIAL CHRONICLE
:
*
/
,■**
*4:
fai
Canadian listed markets
RANGE FOR WEEK
ENDING APRIL 11
Week's
Friday
Last
Montreal Stock
Exchange
■
Range
of Prices
Shares
Low
Par
18
$1.50 preferred
21%
—
High
Low
High
prior
preferred.
Acadia-Atlantic Sugar A—
5%
preferred
23
.-100
—
18
18%
2,710
17% Mar
21%
Feb
20%
21%
2,840
18%
Jan
22
Feb
41
75
37'/a
Jan
41
Jan
22%
105
23
65
105
25
23% Mar
Jan
22
Jan
105
106
Feb
Steel
Aluminium
28
common-
Ltd
202
—
Anglo Can Tel Co 4 %%
4%%
8%
*
100
preferred
200
205
96
52%
10
8%
8%
1,325
96%
55
96
1.35
Asbestos
*
Corp
295
52%
50
pfd__
Argus Corp common
420
29
28
28
1.35
100
28%
432
22%
30
Jan
192
Mar
52%
205
9%
98
Feb
95
1.35
27
Apr
A
$12
.f'37
r£—
'{24 %
f 13%
50
Batburst Power & Paper class
Brazilian
Trac
22%
22%
A—.—•
100
184
A Power—
•
Note Co.—*
22%
22'/8
23%
22
21%
22
Telephone
Light
British
American
Bank
British
Columbia
Forest
Products
*
3%
•
28%
22%
183% 184
425
404
7,713
21
St. Lawrence Paper 6%
pfd
—
Apr
Shawlnlgan Water & Power
Sicks
Breweries
common
*
Mar
22
50
20%
3%
1,475
3%
28%
60
1,080
.
Jan
•
Building
•
Bulolo
Southam
Press
Southern
Canada Cement
$1.30
common
preferred
Canada
Twin
class
Northern
United
237/8
Jan
Viau
23
Canada
Steamship
Breweries
Biscuit
Grocers
Jan
Weston
(Geo)
Mar
3%
29%
Feb
32%
Feb
Feb
Wilsils
45
250
16
Jan
18%
Feu
5%
19%
19
19%
915
19
Mar
23%
Jan
Zellers
31
235
30
Jan
31%
Feb
6 Vo
25
25
Jan
26%
$1.75 preferred
Canadian Converters
11%
Jan
31
25%
25%
10
10
10
14%
_20
•
100
class
A
pfd
20
Class B
.
265
2
Cottons
Canadian
Foreign
Canadian
Ind
6%
preferred
25
Investment
Alcohol
Class B
.
24%
—
13%
class
*
*
Canadian
•
Canadian Pacific Railway
Cockshutt Plow
25
.
*
Cpcsolidated Mining <to Smelting
Consumers
Crown
ft
Glass
Cork
14%
Jan
17%
Feb
19
Apr
19
Apr
24%
25%
2,830
44%
443/4
100
13%
24% Mar
27
Feb
43
45
Mar
Jan
13%
410
13
Jan
14%
Feb
18
Mar
19%
Jan
18
18%
60
59%
60%
397
58
Jan
67%
40%
40%
220
40
Mar
42%
15
Mar
mm*m
15
15
24
17
24%
25
3,718
13%
13%
225
13
12%
13
18
18
16%
90
9%
309
Dominion Glass
Steel
&
11
13%
Jan
75
30
Apr
31%
33
33
25
32
Mar
38%
13%
13%
Apr
16%
13
50
13
Mar
15%
28
28
50
28
Mar
37
V.
T.
Red
C.
17
17
17
5
17
Apr
Dominion Textile
13%
133/4
1,145
13
Jan
13
12%
133/4
285
12% Mar
14%
•
Preferred
100
•
Ltd
606
78
295
83
83
217
39
30
Gatlneau Power
General Steel Wares
13%
Hamilton
Bridge
14%
28
16%
4,645
34
515
29%
29%
125
36
14%
143/4
85
916
28
48
21%
10
—
~
19%
18
109%
—
—
17%
Montreal
Cottons
Montreal
Montreal
Locomotive
National
Drug
National Steel
Niagara
Wire
&
Chemical
pfd
Car Corp.
Weaving
37
37
120
37
23%
23%
50
50
50
notes
Ht & Pw 3%
Mont Lt
STOCKS—
Sale Price
Feb
Par
13% Jan
18% Feb
Feb
264
92
Jan
182
15
180
Mar
184%
200
17
Jan
20%
Apr
98
19%
155
20
110
18
18%
440
109% 109%
75
4%
17%
45/8
175
173/4
355
73%
7%
565
27%
156
51
15
41
42
695
.f42
100% Mar
Mar
21
Jan
16% Mar
18
Jan
10%
Apr
11%
Jan
17%
Feb
19%
Feb
24
Jan
26
17%
109
Feb
Mar
•£
6
34
6
Mar
18
Apr
Feb
4 % Mar
17%
14% Mar
7% Mar
class
A_
4%
12
—
Electric
General
*
5%
Jan
Canadian
Ingcrsoll Rand Co Ltd
*
Canadian
Marconi
1
*
*
•
common—
Feb
Apr
16%
Jan
Company
Canadian Pwr & Pap
5%
Silk
Inv Ltd com
i
preferred
Products
class
9%
Feb
26%
Apr
29%
Feb
51
Apr
53%
40%
Jan
45%
Feb
*
A
Canadian Western Lumber Co
Canadian Vickers Ltd common
Jan
15%
Feb
Claude
77/a
1,100
7% May
34
34
355
30%
99 %
99 %
255
99 % Mar
Jan
8%
34%
Feb
*
100
Commercial
Mar
26
Jan
37%
Feb
Consolidated Paper Corp
Consolidated Textile 5%
55
Jan
Crain
40
35%
2,124
33% Mar
48%
50
2,590
48% Mar
105% Jan
14%
14%
837
14%
12%
12%
595
12
13
13
125
11%
35
35
175
5
20
55
19%
20
20
20
16%
16
16'A
6
6
101
109% Mar
Jan
16 %
13%
Feb
13
Feb
Jan
Cub
Ltd
Sec
Dominion
Square
36
Jan
Eastern
Steel
175
Mar
Esmond
Mills Ltd
Apr
Jan
25
26% Mar
Fairchild
17
25
163/4
Apr
20
Feb
35%
36
36%
343/4
Jan
Feb
107
23% Mar
63
Jan
110
Jan
112%
Jan
109%
Feb
120
Apr
13%
Feb
15
Apr
265
265
22
Apr
265
Apr
15%
235
23
24
2,045
21
Jan
27
Feb
62
62
100
62
Apr
69
Feb
2%
^
2%
f
—
265
15 Vb
Apr
16%
Feb
25
2%
2%
525
2%
Apr
2%
Jan
2 3/4
3
1,047
12%
12%
20
12%
Jan
14
Feb
25
25
25
25
Apr
30%
Feb
36 %
Apr
2
Jan
3%
Feb
Jan
Jan
24%
Apr
18% Mar
13%
50
13
25
25%
1,030
23%
233/4
55
23%
3,650
3
Mar
45
46
40
135
135
1U
35c
45
-
f.
35c
1,100
42 3%
135
Jan
33/4
Feb
Jan
47
Feb
Mar
140
Jan
35c
Jan
40c
Jan
50
Feb
52
Feb
33/4 Mar
43/4
-
7%
7%
7%
2
2%
Jan
16
Feb
Apr
18% Mar
Feb
19%
Jan
18
Jan
183/4
Feb
Jan
7%
Apr
1.10 Mar
34,640
17
17% Mar
150
2%
«
15%
2%
Apr
7%
43
30
41 %
Jan
48
39
39%
250
37%
Jan
40%
Feb
37
310
37
Jan
37%
Jan
17%
18
545
17
Jan
20
Feb
10
10%
125
Jan
•
17 %
10
Mar
Jan
12
Jan
21
50
20% Mar
21%
Jan
2%
575
2% Mar
3 Vb
Jan
58%
21
■
21
2%
*
20
5
A
I
•
*
preferred
58%
3%
3%
24%
Apr
22%
Feb
Insurance
International
5%
Co-
Paints
(Can)
6%
cum
Jan
Lake St John
Jan
133/4
Feb
Jan
26%
Feb
26
61
Jan"
Apr
4%
Feb
20
Jan
221/4
Feb
50
51
560
50
Jan
55
30
31%
625
24
Jan
34
Feb
77
75
63 3%
Jan
78
Mar
50
31
\
18
18
3%
275
80
60
10
10
100
173/4 Mar
25
3%
79
3%
3%
1,510
3% Mar
Feb
19%
4
%
Feb
Feb
79
.
Mar
80
Feb
10
Mar
13
Jan
Jan
27
Apr
27
27
50
25
52%
52%
52%
10
513/i Mar
52 %
Apr
*
95
94
95%
145
Jan
95%
Apr
1
*
U
12%
11
11
200
9% Jan
12%
Feb
12%
12%
730
113/4 Mar
12%
Jan
325
—T—20
pfd—50
Lambert, Alfred, Inc
Lowney (Walter M) Co Ltd
Apr
Jan
Jan
47%
53
909
21%
class A—*
conv
40
35
22
22
*
100
preferred
Foundation
'
76%
3%
s
10
Hydro-Electric Securs Corp
Inter-City Baking Co Ltd
13%
3
37
Ltd
Halifax
23%
3
154
43
Companies
Feb
895
Mar
Ltd—*
class A
Apr
44
Jan
135
*
*
Feb
43%
26
20
25
14
31
1,420
145
36
24%
73
36%
3,681
12% Mar
34
3
„
35
143
35
18
19
34
Jan
43% Mar
&
Power
Paper
463%
47%
645
46
Mar
53
Jan
Maple Leaf Milling Co Ltd com
28%
84
Apr
25
346
18
*
17
463/4
Jan
20%
54% Mar
16%
Ltd
Great Lakes Paper Co
25
106
175
18
Ford Motor Co of Canada
Fraser
13%
10
760
56
16
Jan
Jan
Feb
....
Feb
'Feb
115
—
1
*
Feb
44
12%
22
173/a
Fanny Farmer Candy Shops Inc
Fleet Mfg & Aircraft
27a/a
460
Jan
55
16
Feb
21%
2,100
88
Jan
Jan
19%
9%
Feb
53/8
Mar
21%
17%
16%
Apr
19%
1,375
V 17%
21
23%
—
12%
*
2.50
preferred—
Limited
18
24%
11
Ltd
•
preferred—20
*
Products
Aircraft,
977
24%
16
43/b Mar
78
150
Feb
1,177
24%
Mar
20/
ip'Vs
*
21%
26%
606
14
3,665
78
18
Ltd
19%
325
126
4%
17%
Corp
Donnacona Paper Co
26
8,878
143/4
4%
25
Engineering Works Ltd
Feb
Mar
12%
Jan
400
Domin Oilcloth & Linoleum Co.
Feb
19%
15
24%
Feb
27
15
£ 23%
*■ 7
*
33%
172
20
12%
17
Mar
4
Ltd
Corp
Jan
115
24
Apr
25
50%
preferred
18
—
15
3%
(R L)
Aircraft
25
2,470
24%
3
814
50%
common
Lithograph
Div
26
35%
Feb
15
26
Feb
Mar
Consolidated
18%
—
Jan
13%
25%
4
Ltd
25
25%
34%
175
-
Mar
3
120
100
Alcohols
Feb
13
—
12% Mar
19
Mar
106
12%
—
2%
14
*
Preferred
Feb
100
Apr
14%
19%
Feb
120
,—
2
Gen Advert com
Neon
105
25%
175
Feb
Mar
7%
110 111%
15
•
Westinghouse Co
preferred
13%
25%
Mar
—
100
preferred
7%
3,660
25
%
Feb
15 >/8
25
7
iv
Jan
15
15
20
Feb
__
%
,*
Industries
Canadian
109% 109%
* 21%
C. • 56
Ltd—50
Co
Canadian
15%
48=%
?
106% 106%
-—_*'
Canada North Pr Corp Ltd 7% pfd-100
Canada Starch Co Ltd T/o pfd.:
100
Canada Vinegars Ltd
•
Cassidy's Limited 7%
— -
12
.
pfd—
Canada Malting Co Ltd
Feb
34%
550
12%
"11%
Jan
53/4
55
2%
Jan
14 3/,
25%
V-
%•
15%
«...
18
2%
High
8
10
15
•
Dominion Sugar—.——*
&
Jan
510
Low
18
pfd—20
Canadian Gen Investments Ltd
29
450
27% Mar
29
Jan
84
85
15
78%
Jan
85
Feb
Massey-Harris Co Ltd 6%% pfd
McColl-Frontenac Oil 4% pfd
Melchers
31
20
31
Jan
33
Jan
66
10
65
Mar
71
Jan
1
.17
350
16
Jan
19%
Feb
Tel
17
36%
36%
36%
670
34
Jan
38
Ffto
.*
12%
12%
13
596
11%
Jan
15
Feb
& Tel
Distilleries
Limited
Montreal
Moore
•
.com
20
100
a
10
&
Ontario
Corporation
Ltd
Mount Royal Hotel Co Ltd
com
29%
"
,
—
—
14
14
14%
Jan
14%
Feb
20%
35
20
Jan
21
Aor
29%
29%
210
28%
Jan
102% 103%
10
102%
Jan
Apr
Feb
7%
Feb
14%
Jan
17
Jan
21
17
Feb
18%
6%
95
63/a
14
14
275
13%
18;
200
S
18
18%
18%
65
69%
69 %
100
*
13%
14
6 3/8
—*
*
Paper Co
Refrig & Storage
90
20%
14%
10
common
Preferred
Minnesota
17
•
6
Jan
66
46
125
Feb
31
page
63/4
18%
66
see
6%
110%
*
Power Corp of Canada
25
Jan
•
For footnotes
Co
Calgary Power Co Ltd 6%
12%
105
Range Sinee January 1
200
Hosiery Co Ltd—
Butterfly
3,490
105
Shares
12%
Packers
135/a
7%
for Week
10%
Company common
13%
77s
Sales
Range 1
10%
Preferred
13%
34
Week's
of Prices
10%
Feb
20
96
28%
common^
Development, Ltd
Feb
%
Ltd
Columbia
Brown
25% Jan
Tubes__—
Powell River Co
50%
Jan
10%
q£ Vancouver-
Oil
Maritime
Placer
50
$52,000
High
Ltd
American
British
Apr
51
*
Ltd
Jan
78
& Distillers
Brewers
Feb
263/4
*
Jan
25
Low
2%
Brandram-Henderson
28
7%
•
39
Canadian Funds
26
26%
Ogllvle Flour Mills common
Ottawa Electric Rwys
Penmans
■*?'%
1949
$js Last
Jan
*
50
*
Mar
23% Mar
1,460
Montreal Curb Market
Feb
Jan
145
5
Jan
w
42
15
Noranda Mines Ltd
Page-Hersey
.
Bonds—
Apr
15
•
Feb
23%
36
15
•
22
Apr
37
Apr
18%
100
National Breweries common
21%
f}:-
Inv
Tramways
190
10
29%
108%
•
21%
Royal
Brand & Millen Ltd
Apr
*
21%
Nova Scotia
Belgium Glove 81 Hosiery 5 7o
Feb
15
Mar
173/a Mar
Jan
Feb
Jan
•
23
Jan
13
•
■
Jan
Apr
Jan
106
•
_
22
23
33
60
_100
Works.
625
22
27%
*
-.
common
Feb
21% Mar
37
96
—•
Breweries
Feb
31
25%
19
15
*
Montreal Light Heat & Power Cons
Certificates of deposit
37
Jan
160
*
Mitchell (Robert)
Feb
29
856
Jan
3
.
32
22%
Jan
106
*
common
Jan
145
970
.
27%
25%
470
•
Steel
26
22
Apr
14
*
;
20
Apr
26%
s$
10
32%
106
100
*
Jan
22%
—
15%
15
•
Massey-Harris
McColl-Frontenac Oil
Molson's
Feb
20
22
27
25
375
28
25%
200
*
common
Lewis Brothers
Struct
29
22
52
615
*>'
iote
50
28%
25%
"
MacKinnon
Jan
Fabrics Co Ltd class B
15
„
Limited
Candy
27%
Auto
25%
*
1% preferred
Lang & Sons Ltd (John A)
Secord
50
29
—
Commerce
Montreal
Dominion
Laura
29
Jan
•
Jamaica Pub Serv Ltd common
Woods
29
25;
Consolidated
$4.00 preferred
International Petroleum Co Ltd
International Utilities Corp
the
Feb
Jan
25%
_*
common
International Nickel of Canada com
International Paper common—
of
38
45
182
96
105
International Bronze
Lake
Jan
100
28
——
25%
preferred
(John)
36%
47
35
preferred
£1
Industrial Acceptance Corp com—
•
New 4%% preferred
100
Labatt
85
99%
*
36
29%
6%
:
Apr
37
Limited—
1,640
Imperial Oil Ltd
•
Imperial Tobacco of Canada commoc.B
5%
Jan
99%
Glove Works Ltd
*
Smith Paper common
preferred
Hudson Bay Mining & Smelting.—
Feb
Feb
Jan
Steels
•
$2
Jan
15%
10
Jan
Atlas
106
Howard
8 3/4 Mar
13
.
common
preferred—
Canadian
i
13% Mar
355
97%
Acme
*
Gypsum, Lime & Alabastlne
50
8%
41
50
Feb
18%
*
common
13%
8%
-
1,955
43% Mar
10%
*
(Charlesj
Jan
Mar
16%
89%
17%
red
Gurd
89
83
35y8Mar
.
99%
Mar
10%
*
Ltd
;
16%
41
17%
100
Bakeries
Feb
Apr
99%
S
.100
83% Mar
16%
•
common
Feb
81%
76%
30
100
18
•
preferred
Feb
9%
Banks
Canadian
C5%
18%
3\%
47
*
General
18%
29%
1,470
16%
1
Prod
Jan
Feb
Mar
8% Mar
16
33
413/4
20%
Heating
Canad Corp
Foundation Co of Canada
17%
29%
833/4
20
Corporation
Players
110
33
84%
20%
Electrolux
&
Feb
76%
4
20
Enamel
Famous
13%
37
——
Limited
Canada
Eddy Paper class A preferred
12% Mar
22%
41%
85%
•
Dry den Paper
Feb
175
20
—
Feb
15%
•
common
14%
"'tie*,
I
Ltd
preferred
Jan
13%
18%
15%
33%
23 %
-
Mar
Jan
22
common
Winnipeg Electric common
British
U
preferred
Feb
25%
20
Jan
15%
2ft
Dominion Tar & Chemical common
Feb
Jan
Jan
t
ri*i
Mar
44%
129
22%
•
Jan
—
100
Dominion Steel & Coal class B
15
Jan
13%
& Worts
Gooderham
Jan
13
13%
32%
•
common
23%
Jan
Jan
Mar
13%
30
*
Foundries
9%
36%
116
Jan
14
13%
30
——
•
Bridge
Dominion
Feb
Jan
*
Distillers Seagrams
4,285
65
8%
Bathurst Power & Paper class B
Dominion
14%
83
Feb
40%
—•
Seal Co-
&
340
100
18
•
common
12
395
Friday
Canadian Locomotive
Oils
15
19
135
*
A
.
14%
19
*
Canadian
Jan
61%
Jan
9% Mar
30%
25%
•
Canadian Celanese common
20%
78
-25
•
2%
*
Canadian Car dc Foundry common
Class A
18% Mar
40
common
29'A
28% Mar
18%
*
—
315
20
122
Rapid Transit——
Canadienne
Canadian
Jan
37
Steel Corp
Walker
29%
*
Canadian Bronze common
17
19%
39
Feb
2%
—
*
common
Canada Wire & Cable class B
15% Mar
Jan
Feb
18%
*'
Corp
Feb
30
15%
9
——_
4%
Apr
29%
2%
—
•
A
Power
103
54%
120
Power
of Canada common
City
Feb
191
18%
100
Forgings
Canada
100% Mar
■
—*
Ltd
Co
Canada
Preferred
•
—
Dredging
150
Feb
5
Products class A
Gold
28
High
1,103
107
12%
!
}:
Western
British Columbia Fjwer Corp A
Class B
;
3%
Low
57
18
100
•
Steel Co
23% Feb
Jan
183%
Range Since January 1
High
55%
16%
preferred
Tooke Brothers
Bell
Low
i.-m
*
St Lawrence Corporation common.
Feb
30%
Apr
*19%
Standard Chemicals common
Jan
Shares
15%
Quebec Power
Feb
2.00
Jan
*
•
Apr
52% Mar
Jan
77/a Mar
.55%
for Week
of Prices
101
•
Transport
V t c
Algoma
'
„100
preferred
Provincial
Range Since January 1
40%
Abltibl Power & Paper
$2.50
4%
for Week
Sale Price
STOCKS—
Price Bros & Co Ltd common
Sales
Week's
Last
•>
Sales
Range
?,Sale Price
Par{;. ;#v-.
STOCKS—
Canadian Fonda
Friday
Monday, April 14, 1947
13%
,
133/4
212
31% Feb
104
Jan
Feb
Apr
68% Mar
74
12%
14% Mar
Jan
Mar
■awi.t «?"iu s
,■
Volume
165
Number 4585
THE
COMMERCIAL
fi
FINANCIAL
CHRONICLE
(2035)
N
CANADIAN
LISTED
MARKETS
RANGE FOR WEEK
ENDING APRIL 11
Friday
Week's
Last
STOCKS-
,
Par
Nova Scotia
Orange
-
Light & Power
Crush
com
Z
Service
Power
Stores
Corp of Can 6%
6%
non
cum
part
Purity Flour Mills
10c
Sarnia
pfd
Ltd
Bridge
.k
.58
14
25
27
250
9%
60
27
27
9%
9%
Canada Pow 6% pfd
Southmount Invest. Co. Ltd
of
.
10%
12
:12
.—100
Canada
117
117
31c
39c
*
17
*
•
United Distillers of
Canada, Ltd
Windsor Hotel Ltd——
.
25
43
56;4154
17
:35-
9%
9%
100*
18
13%
75
13
*
-
-
117
32c
!
75
Tl3
18
*
.
55
Feb
22
Jan
Apr
30c
Apr
21%
Jan
112%
v
13
Jan
-t-Jan
24%
14
10%
117
11
Feb
Jan
41c
.^16%-Mar,
Mar
17%
-''9% Mar
16 v-Mar
Feb
10% Mar
25
Apr
Jan
14%
Jan
Arno
Mines
Ltd
4%c
Band-Ore: Gold
Mines
I
Ltd
29c
5c
24
„~25c
20c
Mining
,47c
:
.
,
Denison
•
5%c
48c
15c
15% c
34c
_1
"
Dome Stifles Ltd
East Sullivan Mines?2—:
EI Sol Gold Mines Ltd
-^Oc
.
"
"
21c
(1945)
.'
3.25
-1
•
Ltd
Lake
Goldbeam
30c
:1I250^*v.^6Q^^|,
-
33c
Goldvue
Mines
llc
Ltd
■
:17cVMar
Feb
Jan
39c
Jan
25 Vic Jan
22
Feb
4:65
-
*14,500
25c
Feb
*
Power
Telephone
Bertram
4,000
lie
Jan:
37c
Jan
67c
Mar
68c
67c
£c
70c
8,500
6 %C
-7c
14,500
6%e Jan
34,700
95c
1.34
1.31
1.52
27c
Mar
27c
5,000
16c
Jan
23c
Jan
92c
Feb
9%c Feb
1.92
Jan
Feb
40c
Feb
18c
Jan
10c
12c
1,000
10c
30c
30c
32c
2,900
30c
Apr
43c
Feb
62c
61c
62c
2,700
61c
Apr
95c
Feb
11
11
15c
15c
•
_
~~T~"
L_
-1
1
Jack
Lake
H
770
10'
Mar
11%
Feb
585
15c
Apr
28c
Feb
4c
1,000
3c
10c
IOC
1,000
._1
62c
62C
600
1
8%c
8'/ic
500
8c
22 c
Gold Mines
Gold
Macdonald
Mines
12 %c
Nechi
Dredging
Mining Corp Ltd
O'Brien
Gold
Pandora
Mines
Faramaque
-1
—
Ltd
10 %c
Soma-Duvernay Gold
:
Stadacona Mines 1944 Ltd
Sullivan Cons Mines Ltd_
1.02
1,100
1.50 Mar
2.28
1,425
20c
500
15c
14c
15c
20c
l
5,000
9,000
236
62b
61 %c
24,000
2,000
22c
3.15 Mar
Feb
4.80 Jan
Mar
57
Jan
1.93^an
Apr
Apr
1.20
Feb
2.05
.
Jan
2.65
Feb
10 %c
Apr
21c
Feb
15c
Apr
23c
Jan
13c
Feb
18c
Feb
12c
Jan
25c
Mar
61
%c Apr
77c
Feb
20c
20 c
234
l
4.05
4.00
4.40
8,770
2.10 Jan
62c
60c
62c
2,475
50c
Jan
12c
13C
3,500
12c
Mar
19c
Jan
Apr
78c
Jan
Ltd
Mines
2,800
1.70
Mar
56
Jan
Jan
1.38
• 50c
_
Mines
Siscoe Gold Mines Ltd
1.15
14c
MinesIIIIIIl
—_
Santiago Mines
Sherritt-Gordon
225
15c
1
Gold
3,800
57
10 %c 10 %C
1
Mines
Yellowknife
Regcourt Gold
3.50
Feb
15%
Jan
12c
Jan
33 %c
Jan
1,500
2.15
1
Mines
Gold
Quebec
Mar
13%
1.70
—
1
Mines
22c
1.10
1.15
1.15
90c
13 %c
Mar
3.20
a
14 Vic Mar
Mar
%£
ft
Ltd__.
Cadallic Gold
300
12 %c 12
3.20
Cons
Normetal
100
1.21
Feb
5c
8%c Jan
57
Ltd
Mclntyre-Porcupine Mines Ltd.II—!
500
15
1.18
I_.
Mines
22c
14%
14%
1
Lingside
Mar
58c
I
Lake Fortune
Apr
16c
'
Mines
Jollet-Quebec Mines Ltd
III. %
Ltd—III
8,000
65c
5C'c
I-~ II_Il
66fe
2.15
2.15
2.26
3,800
1
12%
12c
13d
27,000
~
Westville Mines
&
A
Home Oil Co
1
55 c
"•
Ltd
2,869
55c
3.30
1,000
3.30
600
5%c
Homestead Oil & Gas Ltd
IIIIIIIIIi
Royalite Oil Company Limitedlll
III?
3,000
16
47
16
Jan
27
Feb
Apr
40
Jan
Feb
75c
*
184
1.07
Bidgood Kirkland Gold
A
100
29,300
7%c Jan
18c
35
20
Apr
20% Mar
23%
65c
Jan
91c
41
Jan
45%
Feb
34c
Jan
54c
Feb
20
23%
130
..
74c
78c
14,700
44
40
39c
36,830
9.00
400
8.00
768
182%
184
18
18c
pfd_.
18%
33c
1.07
1.13
10,600
18c
v
33c
19c
16,000
22%
33c
1
class
37
182%
__
Bevcourt Gold
Bobjo Mines Ltd..
Bonetal Gold
Bonville
„
23
60
40
...
500
MinesZ
Bralorne Mines. Ltd—
& Millen class A
>
25
Brazilian Traction Light & Pwr
com—*
Preferred
Mines.
American
1
Oil-
Columbia Forest
•
—•
B
;
British Columbia Power
class A
Class B
20c
Apr
58c
2.15 Mar
7c
Jan
34 %c Feb
5.35
Feb
67%c Apr
2.80 Jan
14c
Feb
14c
10,100
32c
*
II*
500
8c
10c 10 %c
15,000
10c
•
12
—
22
42c
Mar
2.94
Jan
3c
Mar
14
% Jan
75c
Jan
3.45 Feb
7c
Feb
19%
Feb
Friday
STonra
STOCKS—
„
Par
-
Abltibi Power & Paper common..
12 60
02.50
Acme
Gas
Agnew
&
•
Oil_——
Alger Gold Mines
Steel
Preferred
common
.
•
,—100
—
Ltd common
Yellowknife
__
28%
101%
202
__
Anglo-Rouyn Mines
1
Apex Consolidated Resources
Aquarius Porcupine-
~~
ichl™
1,233^^
101%
Mines
10
2,100
14c
i,420
25
3%
3%
3%
2,950
14%
15
276
14% Mar
7
7%
110
29
28
29
340
:
A
J
mmm.
Yellowknife
1.28
1.23
1.33
3.35
3.25
3.70
6,200
3,725
24c
25c
5,000
20c
34c
36c
5,600
28c
39%
215
"«
«
5c
12
26%t
1 22
85)
14%
182
25c
11,100
10
2.14
2.05
2.19
5,800
1.70
Jan
2.40
9%c
9c
9%c
7,300
9c
-1
Apr
17 %c
28 %c
28c
32c
ii,375
24c
Jan
;
2.65
2.75
15,100
Flon
Campbell
Red
Lake
-1
'•
Canada Bread
Class
B
Canada
common
6%
43,
71
25
19
20
30%
30%
305
——100
54
54
25
10
10
100
Canada Packers class A
Class B
—•
100
common
•
Preferred
•
Class B
14%
Canadian
of Commerce
Breweries
Canadian
Canners common
lo
•
1.90
75c
19c
8.75 Feb
175
14
10
47
Jan
73%
30
73
Mar
87
19%
360
19
Mar
23%
22
22%
270
21% Mar
Car
class
—
24%
24%
25%
1,426
21%
22%
500
21%
26%
26%
270
26
Mar
21%
21
22
220
21
Apr
17%
17%
18
230
17%
Apr
19%
59
59
5
59
Jan
67% Feb
Mar
•
«...
com
Oils
Pacific
com
—
Railway
Corp
Canadian
Tire
Canadian
Wirebound
99%
A—*
13%
20
40
248
22
Jan
215
18%
Apr
20*'
99%
100
230
99 %
Apr
13
13%
27%
10
77c
83c
3,000
•
16%
13%
28
1.51
13%
17
13%
1,580
167
13
16%
Apr
18% J&n
1,763
13
Jan
I
I
15% Feb
10
28
Mar
29
Chimo Gold Mines
Jan
Chromium
Citalam
25% Mar
26%
Apr
1,600
2.60 Mar
3.00
Feb
1
1.20
1.20
1.30
1,250
——1
Mines
1.93
1.90
2.05
3,500
18c
18c
1,000
17c
Mar
20c
20c
1,000
15c
Apr
1
1
45c
1
—
Mining & Smelting
Willans
30
^
6»
91
9%
Feb
Colomac
1.11 Mar
1.90
37c
Coniagas
13
5,840
9c
16,000
3.00
2,050
8
100
7%
16 %c Mar
75c
Jan
2.20
Apr
14%c
Feb
2.80 Mar /
6
—
Mines
15
15
10
24%
100
24%
Apr
25
Mar
13
425
12% Mar
15
Feb
35c
35c
40c
1,700
35c
Apr
51c
Feb
20c
20c
22c
9,700
19c
Mar
35c
Jan
5
1.80
1.80
1.30
1.35
700
1.27 Mar
*
19%
19%
20%
295
.17% Jan
*
Bakeries
'14% Mar
1.80
300
1.80
Consolidated Beattie
1
94c
86c
94c
16,557
65c
Jan
49c
47c
49c
1,200
42c
Mar
86
85
86%
1,145
83% Mar
Consolidated
Mining
& Smelting
5
15V4
Jan
6 526
7c
Feb
17c
Feb
10 non
12c
23 %c
Jan
Conwest
26c
28c
13^500
Apr
28c
*
1.10
38c
Feb
n
625
Corrugated Paper Box common
*
22%
12%
Feb
Cournor
1
soc
sic
4 86
4 on
e%c
6%c
ass
on* a
25
Jan
Consolidated
Consumers
Mar
39c
Feb
Mar
76c
class A—
Feb
1.99
Feb
1.56
Jan
21
1.00
Feb
Feb
61c
Feb
89%
Feb
Exploration
Mines——
*
13
13
13
100
100
Gas
Mining
Crestaurum
50c
Press
15%
155
155
160
53
1.10
1.30
5,100
22%
22%
125
16%
Jan
23% Mar
33c
1,000
29c
Jan
38c
33c 35 %c
3,200
28c
Mar
55c
31c
1
31c
12%
155
92o
Apr
13
Apr
Apr
175
Jan
Jan
1.58
Feb
Jan
Jan
Feb
26c
Feb
Apr
12%
Consolidated Central Cadillac Mines—1
35c
8
24%
Mar
Jan
3.45
15
i4f,
_
Feb
Jan
20c
Jan
" Jan
'7 %c Mar
Jan
Apr
9% Jan
61c
Apr
Feb
25c
Jan
Pj;• i.'i/i-
37c
12c
1.03
:
4.30
'
12%
llc
soc
75
33c
3.40 Mar
Mar
Apr
.••"•I,'.:1
79%c Jan
24%
i3c
a
v
1
Mines
Mines
Coniaurum
Consolidated
30c
2.20
2.90
10c
1
Mar
Feb
1
Feb
Mar
Jan
t
24c
*
*
Yellowknife
Jan
7c
Jan
26c
*
1.90
17c
1.50
8V4C
2.92
43-
B.
1.45 Mar
2.20
Apr
25
97%
55c
1.75
8%C
*
Plow
Jan
11,300
17,800
1
Preferred
1.25 Feb
17,600
41c
*
Coin Lake
96'//
37c
—1
Gold
Class A
Feb
95
39c
Feb
70c
L50
i Feb
100
2.90
Malartic
Cockshutt
95
frn^^sol^l,Te•——^
,
28%
Chesterville Mines
13%c Jan
Feb
87c
I
Feb
Mar
is'So
-
26%
Porcupine
Centremaque Gold
1.30 Feb
7% Mar
Jan
37%= Jan
Mar
28
Central
13c
8c
29c
16%
Apr
Feb
.Apr
2.75
1
Apr
Jan
Feb
r
100
27% Mar
70c
*Feb
43
26%
*
Cochrane Dunlop common
9.25
Feb
30
19
Jan
-
2.75
class A
Castle Trethewey
Central Patricia Gold
26
40%
27%
*
426
Jan
i 29%
Jan
\
25 V*
•
—25
Apr
18%
*
1
Mar
25
18%
100
—
24
40%
*
"
-
Canadian
Apr
24o
27c
.Jan
226% Feb
20
A_
Locomotive
Cochenour
Feb
j23
26%
25
Feb
Apr
Feb„
21%
Feb
Mar
Feb
:Jan
.•
Dredge
Apr
50o
10%
17
49%
•
Conv preferred
6c
9cl
n
Jan
20
1st preferred
1.01
r%j
3 jrin
14%
48%
73
V",
Apr
Jan
40
14%
1,808
2le
page 46
Teb
58,200
20c
see
Mar
200
21c
20c
For-footnotes
18
Jan
3.70
28c
:
Jan
3.60
1
Mines
Jan
17
188
3.60
1
class
22
~"1
Mines
38
63
1
Mar;
Jch
19
jQc
•
12
123
206
73c
Jan
•
595
Jan
1.05 Mar
Jan
Jan
62
39
197
Mar
27%
Mar
31
17%
193
26
135
Jan i
63% Mar
9% Apr
48%
73
•
Bank
6% Mar
75
23%
17%
193
50
Canada Wire & Cable class A
Jan
38%
•
Canada Permanent Mortgage
Steamship
Feb
30
—
5%
Feb
Feb
Mar
455i
,-W-
Feb
'*3.50
-
s
Feb
40c
Jan
19
188
gg
14
2.30 Jam
72%
1,000
Jan
14
15% Jan
33c
6
72%
•
—
Malting
Canadian
Mar
Mar
19
50
common.
Canada Northern Power—
Canada
13
20c
72
preferred-
Cement
Preferred
Canada
*
45c
53c
14
7%c Feb
12%. Apr
29
Jan
Zi
Flln
Calmont Oils
19c
3,700-
'•
Callinan
20c
|o§0
l§c
Jan
32% Fez
22c
1
8%
18c
50c
I'
Feb
22c
1
sluj
55c
6Xc
7%c 8%c
Feb
14%
Research
m
Feb
4.75
35c
-1
Mines
5 700
Jan
1.55
*
Apr
Chemical
3300
<
Feb
Mar
24
Cheskirk
8c
Mar
10
10
Feb
108 5
5c
270
24
Mar
6c
Feb
29 %
Apr
12%
30
"-12c
Jgg
27c
29% Mar
500
Feb
48 %c
1.20 Mar
12
102
;'fi
7r.J
Jan
Mar
3.25
Feb
Jan
3V8
Mar
24
Feb
n 2nn
15c
37c
25
Feb
9
Apr
—
101
l.oi
18c
5c
2%
Feb
29%
Jan
29%
.60
340
32c
4%
16
Jan
34c
Feb
Jan
Apr
25
I4n
101%
gc
56c
71/20
Feb
1.50 Jan
7
Apr
'
30c
27
27% Apr
1,100
Jan
i.08
1
1
35
154
Apr; f
10,600
1
Mines Ltd
onjd
Jan
1.15 Apr
Mar
Mar
26
1
AtUL°«nstMineS—*
Atlas Steel
Fabrics
32
Feb
'
3% Mar
mmm
Jan
8
__1
'
150
154
16c
23% Feb
-8c
Jan
21
8 85
100
Ashiey Goid Mining
Astoria Quebec—
Auhelle
Jan
Jan
24
20c
8.85
Sg
Feb
Feb
30Q
202--296
26%
si no
-
6e
97T T Ji?a
8%
—1
Hardware class
V
'iX
1,300
22
21%
22
39c
HH*
A
Cariboo Gold
1<50
common
SrJ 1
Ashdown
33
i>2^
28' 29 %
Hi
~
Warrants
Gold
22 Vic
73c
1
______—
Argus Corp Ltd
Preferred
Arjon
1 000
110
•
Mines
6Vi(^
74c
»
Jan
6 Vic
1.10
1
Anglo-Huronian
41
310
35
1
ADJIO onacuan C«L
Feb
37% Jan'
2'875
195
23!
Feb
4,326
Apr
Calder Bousquet Gold
Calgary 8c Edmonton
High
22
4l|
1,15
100
1
20% 21V*
35
-
Amalgamated Larder Mines
American Nepheline Ltd
Low
23%
3 %' Jan
14
Canadian
18% Jan
Apr
22
18c
_
Canadian
18
27
25%
__
Canadian Industrial Alcohol
1954
40%
1.15
1
Aluminum of Can pref
American
±
_*•
—1
18 m
Apr
154
*
Canadian Malartic
Range Since January 1
High
18
22%
*
Surpass
Aluminium
21
__
_•
common
Akaitcho Yellow Knife
Algoma
18
„—25
Sugar
Sales
Shares
27
15c
»
Preferred
Range ] for Week
of Priced
Low
22
preferred
Acadia-Atlantic
Week's
Sale Price
30
25%
15c
•
Canadian Food Products class A
|
27
26
Hill
Canadian
Exchange
Canadian Funds
14%
39c
1
Class B
Jan
2% Mar
17c
•
class
11
27
39c
Building Products
Co
400
500
18c
Mines
Burlington Steel____
13% Mar
2%
410
Ankerite
&
11% Mar
Jan
14%
2%
1
Burns
425
Feb
Feb
17c
2%
2%
Buffalo Canadian Gold Mines
Buffalo Red Lake Mines—
Bunker
Feb
44c
10 %c
14%
*
Gold
12
Jan
2%
Bruck Silk Mills
Buffadison
Apr
Mar
2%
Feb
Feb
'30c
Mar
*
■
1.34
28c
23
Jan
8c
1
British Dominion Oil
Broulan Porcupine
Buffalo
13,920
43c
•
British Columbia Packers "A"
Class
23c
jqo
Brewis Red Lake
Feb
Mar
8c
*
Preferred
Mar
21% Mar
41c
•
Cordage common___
Feb
19
55c
Jan
16c
Feb
191
Jan
20% c
10c
Brand
British
Apr
88c
Feb
Mar
9.75 Mar
Mar
41c
.——1
Boycott Pershing Gold
Brantford
17%
33c
20%
Jan
21o
1
__—
Gold
High
15c
35c
*
"""1
Mines
Hats
_
8.50
35c
IIIIIIoo
class A
27
44
•
1
Canada
Preferred
Toronto Stock
iinor
25%
37
Low
.
37
20
*»
Canadian Celanese common
Auto
Jan
685
26%
•
of
Sons
Gold
Canadian
Gaspe Oil & Gas Co Ltd
Atlas
Feb
19c
22%
Oil Stoeks
-
26c
Jan
—11111—Z*
Minee, Ltd
Consolidated Gold Mines Ltd—
-1
Area
Mar:
12c
13c
Radlum_I.. IIZl
Yellowknife
Berwick
16o
500
—
A__
&
Belleterre Quebec
Bell
2,200
13c
■
•w
class
Exploration
Beatty Bros class
Bsauiieu
19c
»
Bear
British
6V2C
"
Ltd
Jan
25c
'*975, i.v.t.18% Jan
-1
Ltd
Mines
5,500
-1
i
Goldora
32c-
kf
lie
I
Gold
Mines
■i
Ffefl'
'60c
3.25
30c
..
Formaque Gold Mines Ltd
Found Lake Gold
God's
\
' Jan
44C
5,-8(K)/-^41%cMar
1,500
*l$c'-Mar
>
Feb
44<j. Jatt*
7c
24,^00_^ 1$%C Mar
-
21c
—
-1
7o
i
Feb
18,500^2T7^. USiW
18 %c 18 %c
4
Mines
-%:3;300£%^ 5c ?
■
.
Nickel Mines
Fontana
-
%c 26%c
47c
I"
.
500,v.o. 3%c Jap
27c * Apr
a,
,.30c -•■•*^-3; 509
9%c 20%c
...
Cournor.
4%c
27c
5%c
__
Consol Central Cadillac Gold Mines.
Cortez Exploration
\
Pitt
Bathurst
Range Since January 1
High
13c
i'
,———--1—10
Bates & Innes class A
Shares
,
Cartier-Malartic Gold Mines Ltd—.
Century Mining Corp Ltd
fcheskirk Mines '
!
I
L.
J-M
Consolidated Mlnei
Base Metals
Biltmore
Mining Stocks
<
Bankfield
Sales
for Week
Low
'
Bank of MontreaL
Bank of Toronto.
of Prices
18 %c
Mines
Mar
123
Jam
13
Mar
12
Apr
"
Jan
9% Apr
Jan
t'«r24c-
Mar
30
Feb
8% Jan
10
Mar
Bagamac
Kan&»
Sale Price
Par
Jan
60
107%. Apr.55*.
Jan
25
w
111
18
100
58
Feb
Week's
,L"t.
«
STOCKS—
High
Apr
-
5c
275
,
.14
I—"*
.
17
50
Ltd
Ltd
104
9,643
19%
January 1
Low
2
-
;,
10
n
Southern
Gas
18
Ran re S lnse
.
176
:;
10c
10%
Co,
t
107% 107%
Ltd
Thrift Stores
Union
5c
19%
Quebec Pulp & Paper 7% pfd
—100
Quebec Tel & Power Corp class A
*
Sangamo Co
I 18
1st pfd-20
cum
2nd
Co
*
//'''
\
105
17
Friday
Shares
High
105
-
—
_
for Week
ef Prices
17
•
'Rights Z
Pauls
,a
i Low
•
——•
Ltd.
Sales
Range e
Sale Priee
4.30
Jan
5%c Feb
5.20
Jan
Crolnor Pershing Mines
Crow's Nest Coal
Apr
Crowshore
7%c Mar
CUb
Patricia
Aircraft
Gold
1
1.08
1.08
1.10
1,400
100
41
41
41
1
1.28
1.28
1.37
6,650
*
2%
2%
2%
12,975
100
1.07 Mar
41
1.00
95c
Mar
Jan
Feb
1.50
Jan
44
Mar
1.43
Feb
2% Mar
43
44
(2036)
CANADIAN
Monday, April 14, 1947
FINANCIAL CHRONICLE
THE COMMERCIAL &
MARKETS
LISTED
RANGE FOR WEEK ENDING APRIL XI
Friday
<-•'
j.
'
Low
Par
-
Week's
Last
for Week
Range
of Prices
Sale Price
STOCKS—
<h.
Friday
Sales
Week's
Last
'
STOCKS—
Range Since January 1
Shares
Low
High
Par
High
Sales
for Week
Range
5 of Prices
Sale Price
Low
Shares
Range Since January 1
High
L0W
High.
'
D'Argon Mines
1
i—.
14c
15c
7,100
15c
14c
Mar
28c
Jan
Jacknife Gold
*
10c
9c
10c
4,500
8c
Jan
8c
Jan
15c
Feb
Jacola
Mines
1
3%c
3c
3%c
3,000
3c
Mar
Mar
Jason
Mines
—1
35c
33c
40c
26,700
33c
Apr
'
-—*
Davies Petroleums
11c
*
30
Delnite Mines
1
—
—,
11c
1,000
30
1.99
30
20
—
Davis Leather class A
29
Mar
31
2.45
Jan
1.63
2.05
700
9c
Jan
55c
Jan
Jellicoe
Feb
26c
85c
Joliet
'
Denlson
Nickel
V
Detta
..
Dickenson
1
!*.
i
Red Lake
Diversified
Dome
Dairies
common—
Dominion
Foundry & Steel
Dominion
Magnesium
Malting
—
Dominion
Steel
Inv
Coal
&
Stores
preferred
—
■
Kenville
Gold
1
29%
Feb
33
Apr
15
Jan
15
30
300
25
29
530
8'/n
25
,
Mar
8
Jan
9%
Labatt
Feb
27%
Jan
—
36c
30c
4,300
32c
Mar
42c
Jan
13%
13%
13%
28c
1.64
32c
1.63
.
1.70
42%
45
Mar
12%
Feb
14
Jan
28c
Apr
46c
Jan
1,780-
28c
-
25,350
1.33
25,330
Jan
1.82
Apr
19c
Feb1
"
14c
—.
14c
-
13c
2,000 '
45
Feb
•
—
25
25%
1
1
4.90
28c
4.80
28c
5.00
34c
11,200
1
*
59c
57c
59c
2,600
—
8c
8%c
Lake
Jan
Fortune Gold
345
13% Jan
18"" Feb
Lake
Rowan
25
25
355
25
Apr
27
Jan
Lake
Shore
26
Jan
28%
Mar
25%
Jan
28
Apr
Lake
Wasa
28'A
28'A
27%
28
160
1
1.08
1.05
1.15
1.09
1.09
1.15
130
24%
Jan
26% Mar
-
'
4.80 Mar
3,245 "
2,500
Feb
6.20
28c
Apr
61c
Feb
50c
Mar
86c
Jan
8c
Jan
15c
Jan
20c
Mar
•
1
36'Ac
6'Ac
6'Ac
22c
22c
14%
15%
440
97c
98c
3,900
__
;'
•
500"
"
33c
-
Jan
Jan
'
Milling common
97c
1.62
Jan
La
1.58
Jan
Lamaque Gold
34
13%
Feb
16
Jan
96c
Mar
1.25
33%
34
5
Feb
35%
Jan
3.50
3.60
1,075
3.25 Mar
4.50
Jan
6.25
6.50
625
5,70 Feb
6.50
Jan
19%
20
220
19%
Apr
21%
Feb
8c
8c
1,000
8c
Jan
13c
Jan
32c
33c
2,000
32c
Mar
50c
Jan
7c
8c
7,700
7c
Apr
17c
Jan
__
*
Mines
Luz
14%
1
*
Mining
Woods
of
1
•
—
8,000
42c
7c
15'Ac Mar
24c
Jan
Lang & Sons
34,500
17c 17'Ac
__
37c
1
-
.
*
"
1.09
8,200
1-
i—;
Mines
1.00 Mar
40,200
1
Duvay
26'Ac Mar
57c
Jan
Lapa Cadillac Gold
Lapaska Mines
;____—*
*
—1
1
Mines
1
7%c
3
—1
20%
20
20%
180
3'Ac
3%c
3'Ac
1,500
1
1
1.25
1.25
1.28
6,300
20c
20c
25c
16.000
—1
1.15
1.11
1.21
37,700
•
2.00
2.00
2.02
*
*
31'A
31
31'A
430
30% Mar
33%
Jan
30
29
30
555
29
31'A
Jan
Apr
5c
5,000
Feb
10c
Jan
East Malariic Mines—
1
2.09
2.05
2.15
5,700
1.99 Mar
2.45
1
3.25
3.25
3.40
6,400
3.15 Mar
4.75
Jan
10
10%
200
„
__
8c
32c
Feb
East
Sullivan
Eastern
Mines
Steel
•
i
—,
10
12
Mar
Larder
"U"
Secord
Laura
Jan
Candy
Lebel Oro Mines
Elder
Mines
Eldona Gold
El Sol Gold
English
15
Feb
21
Jan
Lexindin
Feb
Lingman Lake Gold Mines
20
20%
220
1.10
1.10
1.17
12,488
1
50c
50c
56c
37,250
50c
44,500
20c
*
Mines
-
Mar
1.03 Mar
1.36
90c
Apr
Gold
1
class
A
Corp
31c
30c
35c
38c
Apr
Little Long Lac
20'A
20%
20%
10
Feb
25%
Jan
Loblaw
2.45
2.54
3,275
2.20 Mar
2.75
Feb
4.30
4.50
1,010
4.20
5.50
Feb
Louvicourt Goldfields
1
;
Mar
20%
Jan
21%
Jan
4'Ac
Feb
1.20 Mar
1.40
Jan
20
3c
19c
Feb
34c
Apr
Jan
1.32 Mar
1.05 Mar
Jan
*
Mines
Electric
Eureka
14% Mar
14%
20
1
——
Leitch Gold Mines, Ltd
20
50
14%
20
Easy Washing Machines
Eddy Paper class A
Loew's
Jan
Gold Mines Ltd
Groceterias
A
class
Class B
.
(Marcus)
Falconbridge Nickel
Famous Players
Fanny Farmer Candy Shops
•
is
17%
18%
915
17%
Feb
19%
Feb
Lunv/ard
1
57
58%
1,190
52%
Jan
67
Jan
Lynx
Federal
Grain
•
57
6%
6%
6%
200
Federal
Kirkland—
1
7'Ac
7%c
7%c
1,500
9%
9%
9 Mi
97
12%
12%
75
3'A
3%
3%
1,642
3%
Apr
5
21%
22%
1,144
19 %
Jan
22%
Feb
Feb
2.40
Apr
84%
84'A
1
1
2.65
2.65
2.85
7,775
32c
30c
32c
4,500
25c
Mar
39c
Jan
*
common
22c
22c
25c
5,600
20c
Mar
28c
Jan
—
20
84%
84'A
Apr
2.58 Mar
Apr
Feb
3.60
Feb
22'A
100
1.84 Mar
1,700
•
common
4.30
9%
6% Mar
Mines
Gold
Gold
Yellowknife
Jan
Class
A
*
Fleet Mfg
Ford
common
& Aircraft-;
of Canada
class
*
A
•
7c
Mar
7
11c
10
Mar
11% Jan
13%
3.90
3.80
4.00
1
3.15
3.15
3.45
8,300
Macfie Red Lake
1
21c
21c
25c
10,200
1
1.91
1.85
1.97
3,725
1.80 Mar
2.25
Feb
1
3.40
3.40
3.50
3,100
3.20 Mar
3.95
Jan
1
Mines
Macassa
Feb
Feb
1
MacDonald Mines
Fittings Ltd
Gold
MacLeod-Cockshutt
Feb
Gold
Madsen
Red
Lake
Magnet
Consolidated
Mines
Mines
3.10
3,300
Jan
3.15
4.20 Mar
4.85
Jan
Mar
Jan
39c
Apr
20c
Feb
Gold
Frobisher
Gatineau
5%
•
Power
General
15c
1,830
2.80 Mar
•
Mfg
p; Gillies
19
Feb
111
111
Jan
1,000
4'A
Apr
100
15
90
.6.70
6.95
3,769
6.75
1
13c
1
;
5 i/aC
100
5%
£4ar
5.85
Jan
18%
2.45
Feb
3c
Jan
5%c
Feb
1
6%c
6%c
7c
1,500
6c
Jan
8c
Feb
1
85c
85c
92c
2,700
83c
Mar
1.15
Jan
13%c
13 %c
9c
Mar
18c
Apr
18
29%
15c
19%
5,000
18
29%
18
Apr
21%
Feb
29%
370
28%
Jan
32
Feb
500
9%
Apr
11
Jan
Mines___
10,100
6 %C
13c
Apr
20c
Jan
9c
McColl
Feb
1.35
1.30
1.55
57c
Jan
20c
19c
21c
6,000
17c
Mar
22c
17c
15c
17c
16,000
19,900
14c
Apr
27c
Jan
10c
Apr
23c
Jan
30c
Mar,
50c
Jan
,.
Goldhawk
Goldora
.
1
Porcupine
9,800
2.85
6,600
40c
40c
1.98 Mar
Tire
45c
7,144
40c
Mar
74c
10c
Apr
18'Ac
Pp Preferred
30c
34c
7,200
30c
43c
(Gordon
Mackay
class A
6c
6'Ac
2,000
Apr
4%c Jan
108
106%
108
55
104
53%
53%
40
53
Mar
Graham
Great
•P.
:
Co
*
—
&
*
class A—
Paper
preferred
A
Great West
113
Lake
Red
2
.....
Brass
11%
315
28
55
20
Oil
Grain
Hard
Rock
Harding Carpet
Harricana
Gold
Gold
45c
10
45c 49'Ac
10
15
315
19%
19%
100
Jan
42c
6,700
14%
19 »A
n'/ec
6%c
3C
7c
Jan
4c
7%
150
21%
8%
21%
8%
120
16%
55c
2,825
2,863
.
Works
*
—
—*
8%
100
1
16
55c
16
51c
*
-
Porcupine
11%
12
Mylamaque Mines
5
13'A
13'A
13%
16c
10 %c
10 %c
14c
10
8,000
Jan
12
14 %c
Jan
21 %c
Sewer
National
Feb
Hedley
Heva
1
Mascot
1.24
1.35
4,410
20c
20c
500
1
1.16
1
—
Gold
62c
60c
10'Ac
10'Ac
Highland-Bell P.—
s
1.35
1
,t
1
Hiehrldge Mining
•
1.16
Highwood-Sarcee
Oil
Steel
I_—.?P
•
12c
'
11c
Feb
Apr
89c
Mar
Mar
18c
Jan
7,000
8c
Jan
16c
Feb
23%
Feb
22
21
22
10%
.11
3.25
3.40 *
;
,
—III
Homestead
Oil
Hosco Gold Minfes
Howey
Gold
Hudson
-
—
Malartlc P_———^
4 Hunts Ltd class A
'20%
L4*-
&
it:
:/:•Imperial
36c
36c
52c
1
•
j
_
;
-
4i3/4
Jan
11%
4,000
34
25
29
Feb
34
Apr
23
Jan
26%
Feb
100
26
Feb
7C
—*
common.^
_—_100
_l
_r...
r
Bank
V'
7c
ip/4
"
14c1
21%
•
115
.
11%
?
3c
Jan
7c
46c
Feb
64c
■
.
13
Mar
47c
Feb
7c
Mar
15 »A
—I———1 P'
•
:
Inspiratiqir Minings Deyel
40
Jan
45%
7c
Feb
1.00
1.03
3,500
1.00
Apr
1.45
49c
6c
12c
8c
24,250
Jan
65c
--
?C_
9%
.
_0
•
12c
9%
.
10
•
1
.69c.
69c-
'
•
,
15c
;
.
10
?
•
10
.
75c
37c
*
8c
1 62
1.60
1.63
600
1.60
46'A
46'A
47%
1,563
International: Metals •'
^Preferred —
11
Mar
North
1
100
p International Nickel-Co common--.:
toternational
T*»«*m»ttonal
Island
Petroleum
Uranium
Mountain
Mining
Mines_i_
;
12%
6c
Mar
9'Ac
Jan
10c
Mar
17c
Jan
8c
Jan
1,000
54c
•
•
:.
Jan
115
20%
Jan
22
Mar
25%
Apr
30
2,670
12%
Jan
575
--13%
Jan
20,500 *
15
1
*
12c" Mar
:
265
-
9% Mir;
,
„
:
103 P 103 t
34% '
34%- 35% ^
P. 14% v 14% 14%.
l
50c :
59 %c
.
-
52c
p
1.45
' 60c
;
1.45-V '
1
Mines
page 46
Jan
9c
Jan
21,200
9,000
4,100
,1.55 Mar
2.05
35c 37'Ac
5,800
30c
Mar
44c
Feb
5,500
10c
Mar
16c
Feb
60c
Mar
24c
Jan
47c
Apr
5%c Mar
10c
Jan
10 %c
10'Ac
11c
65c
65c
820
39c
47c
142,006
6c
Oil
-
—1
Mines. (1940)_i
common——,
*
.
6c
6c
9,200
5
100
5
5,
1
Jan
*
5
Apr
-
O'Brien
>
Okalta
Feb
15% Mar
24c
Jan
Mar
11
*«
*26
"5,146
1,860 i
22,800
-'Mar
-
"■
-
103 " Mar
t
500*.
■
Gold
12
Mines
39c
.
42c
2.12
2.15
Feb
•
1.72
*
54c
—*
J—.—1
26,600
2.30
.
*~48c
»
Jan
31Jan
A?,
4t45 MarV-
Jan
37%
i
-
53c
.
•
Jan \
76c
Feb.,
2.67
1.30
3,400
17c
16 c
Feb
Jan
1.68
Jan
21c
<
Jan
19c
15 %c Mar
; ; 1,000
Feb
65c
Jan
""
'
.
7%c Mar
•
>
nolit Mlne»_
Gold Minn*
_
I—*
'
>•"■
1
..." i¥
*
17%
,
.
Qrlac Red Lake Mines:
—.1
52c
* 50c
;
;
56c
1
Lake
Osulake
Mines—
—_
•1.39
1
1.19
.
60c-
—1
Mines
Feb
•
18 % c
Feb
I
70c
Feb
23
-
Apr
~
"
*
(
1.300
13c
25,950
50 c
Mar
"Apr"
,
"
-
I"
2.26
-1104 Mar*
91,150
1.43
63c
Mar.?'
15c
"Jan
9c
17%
387
18
.
14 c 14% c
•
1,000
13c
12C-
Omnltranft Exploration
Orange Crush
Oferiadft
Grenada
■
Feb
90c
1.73 Mar
Jan
Jan
40c
3,500
9c
Jan
"
41,300
54c
.
9c
Jan
16%
~
Apr
1.85
9,020
1.73
1.71
16 %c
-.J.
—
Oils
O'Leary Malartic"——-—
Omega Gold Mines—1—?
-
Feb
85c
104%
33% Mar
14rf Jan
6%
Mar
39c
Feb
78c
'
39c
——1
Rouyn Mines—
,
47c
—*
———1
52C
"75c
*;
Feb
65c
Mat
45c
12,100
Jan
Feb
Mar
,
*
46c
46 c
7
>
<
-' i
Pamoifr Porcupine Mines Ltd
t
??:
»
^
•
»
1,55
■"
,*
'46c
|
*
v.
20(T
1
£ ('•?? ? 12. X'v
ji.Vjfc'
For footnotes see
83c
Mar
70c
1.70
Man
10
.:
Map* :'
69c
1,000
300
.
Jan
Jan
5%c
35c
•
Norzone
Jan
""'10
28- .28%
Jan
2.10
Mar
5c
13c
54
63c
1.70
1
Gold——
Canada
Inca
North Star
Jan
107%
1
•
Feb
500
10,300
1.67
__
*
Mining
Jan
5%c
66c
—1
Mines
Northland
Osisko
cla^s A——
2.55 Mar
Feb
—
—
10c
-
^
27% Mar
12'Ac Jan
Apr
46%
42c
1
Norseman Mines
Jan
15
-15'
-
Jan
1.90 Mar
42c
6c
10c
8c
Norpick Gold Mines
Feb
13c
,
Mar
10
225
.13%
J.
3,600
24%
-
27%
15
„
10,450
*
Ogama-Rockland
25%
13%
Lakes
2.35
7%c
Feb
Feb
35c
Norgold
Feb
8,800
10
115
21%
15%
Iiigersoll Machine Co-,
IngliS & C0
25%
27%
2.20
7'Ac
Norbenite Malartic Mines
,
10'
OH
27
2.20
7%c
1
Normetal
Jan
9c
8,500
42
'7%c
11%
I II
r
100
' •*'
25
27%
*
>
Mar
21c
505
1
1
>
Jan
3.50
*
3,700
1,060
<■
37c
41
I_II_•
;. Ihdian
2.75
3,500
81,200
6'Ac
50c'
Imperial Tobacco of Canada ordinary_5
Imperial
-
Erie
paid
5'Ac
50c
Jan
9.85 Mar
-
Jan
19c
34
Yellowknife
Northern
Mines—
Bay Mining St 8melting
p Hugh
Huron
'
—_1
—
51^
v
21
2,450
12,089
9%c 10'Ac
1
—
225
-
12c
17c
34
Noranda Mines
330
19% Mar
30
•
Niplssing Mines
10%
Jan
Jan
10
Nicholson Mines
10c
12c
Jan
17%
29
i—.—5
96c
72c
Apr
14
19c
1
60c
Nib
37c
Jan
•
A
Mines
5,000
•
Yellowknife
class
Newnorth Gold—
Jan
Apr
13
55
Gold
2,000
8
Homer
Marlon
12c
Home
'
Calumet
74c
-
1.40
Jan
23c
100
Car
6,300
175,950
Bollinger Consolidated Gold Mines
Oil—„
1.00 Mar
Jan
17'A
—
Feb
35c
25c
17%c Mar
5,600
Feb
74'/a Mar
29%
Bidlamaque
New
Feb
1.49
Jan
Apr
Apr
22%
Mar
29
Trust—
76c
75c
•
fflnde 81 Dauche—
1.20
1.04
20c
24%
Feb
Mar
19
68
17%
Negus Mines
New
Jan
Feb
25c
Pipe
National
Mar
9
18
72c
29
•
Petroleum
National
Apr
18c
Apr
10'Ac
9,800
National
Feb
Jan
Mar
20
Preferred
Jan
Apr
Feb
Mar
19
150
Chemicar pfd
Feb
9%
65c
Feb
21%
Feb
7%
4,200
Jan
4%c
Apr
Jan
16
904
Drug &
Jan
23c
50c
605
71
19c
26c
Jan
Apr
7% Mar
680
15c
11%
395
19%
10c
3c
20
205
24%
Light Heat & Power
National
3%
10.50
Jan
Mar
•
class A—
Containers
Tool
-
2%
Feb
16% Mar
8.25 Mar
18c
Jan
11c
Feb
1,075
69
18c
25c
Feb
19
Mar
1,205
Montreal
Feb
40c
6c
16
19c
19%
Mar
Feb
2%
24%
6c
20c
Jan
Mar
9.25
Jan
57c
Jan
19c
—
Apr
12%
Feb
62c
17
100
69
19c
25c
19%
6,750
13,500
7'Ac
16%
19'A
20
150
43c
8c
16%
8c
16%
Jan
4%c
15c
40
24%
16%
4,450
3c
40c
18%
*
14% Mar
3,500
7%
42c
3,900
18%
94c
Feb
Mar
2%
Modern
Apr
15c
—
Feb
Mar
9.00
#
Feb
79%
12%
—
—
*
1
1
34%
Jan
12%
42c
Montreal Locomotive
Jan
63
1
__
Jan
59%
3c
70c
—
New
Heath
Feb
104
41c
500
Moore Corp common
Mosher Long Lac
24
12'A
4,950
12,120
Feb
Apr
Mar
1,275
1
Hasaga Mines——
..
Jan
9.10
Feb
20
1,550
*
-
Jan
27%
Mar
54
*
16c
10c
1
Mines
52c
Jan
102
1
21'A
20
4,500
—
—
23%
35
•
Oils
Monarch Knitting common
79%
1
—
V Harker Gold Mines
560
Brick
Milton
Moneta
20
«■
Mines
•
Mining Corp
Jan
31%
l
—
Gold
1.80
Model
29% Mar
76
1
p.; Hamilton Bridge
36c
-
570
75c
4c
*
x
National Grocers common
Halcrow Swayze
P Halliwell Gold
10
27
103
57%
•
Gas
&
Pacific
&
42c
*
11%
Jan
29%
*
-
755
46c
16c 16 %c
--
*
24%
31
*
preferred
70c
4c
—
11% Mar
77
v
.
Gypsum, Lime & Alabastine
H'ahn
70c
1
Gold—
c>
11 %c 12'Ac
*
common
57
1
Jan
•"
5
103
57
1
Mid-Continent
Midland
Jan
55 %
*
common
Saddlery
P Ounnar Gold
26
1
Lakes
Class
11
28
11%
*
i__
Bousquet
103
:—5
Mines
Mills
Mercury
lie* Feb
Mar
53'A
wJ;
Class
Grafton
26%
10
25%
Red Lake
Modern
pp
•
common
—
Gold—
McMarmac
Feb
gc
50
j,
Oil
Porcupine
McKenzie
Jan
•
i
*
*
Frontenac
McLellan
Jan
2,500
II
,~1
,«
common—
2.50 Feb'
10c ll%c
1
Mining
GOodyear
31c
2.70
1
P Doldvue Mines
p
30c
2.70
•
Mines
•P Goodfish
30c
1
Mines
38c
Jan
3.30
266,467
10c 12 'Ac
lOc
1
Arrow Mines
20
class A
McWatters Gold
? Golden
I Golden Manltou
—*
—
Preferred
Mclntyre
Feb
1
-
common
McCabe Grain
Jan
4c
-
Preferred
7.15 Mar
1
Mines—
Apr
5,800
Massay-Harris
Feb
*
i__
16,150
Martin-McNeely Mines
Jan
101% Mar
Apr
17 %
33,000
13c 14'Ac
5c
2.03
3%c
Marcus Gold
•
X
7,300
1.80
3%c
Gold
Mar
Apr
4%
4%
Feb
109%
40c
1.80
3%c
40c
1
*
Maralgo
Jan
109%
17%
Gold
Eagle
Jan
Feb
3.25
10
100
j.
Goldale Mines———-—
Goldcrest
17
38c
10
17%
Mines
\
Gold—
Mar
110
r—-fi.
common
Gold
Lake
109%
II
Lake-Porcupine Gold
Glenora
110 110%
II
preferred—100
Gold
217
13
*
______^
Products
18
18
100
^ Giant Yellowknife
Gold
7,000
2.95
100
I General Steel Wares
God's
21c
2.85
common
Bakeries
General
v
19c
2.90
preferred
preferred
5 'A %
>•
19c
——•
Exploration
Malartic Gold Fields
Manitoba & Eastern
Francoeur
:
■
Feb
Lake
■
55c
1
(John)
25
-
*
31
Mar
Mining & Exploration
Laguerre Gold Mines
Feb
44 %
14%
28
Minesa
Mar
30c
1
Townsite
44
14'A
28'A
Gold
25
6,700
1
4
Labrador
Feb
25
-
50
East Amphi Mines-.
East Crest Oil--——,
10
32c
Apr
33%
24c
29
31c
—
1
Mines
Gate
Lake
Kirkland
Apr
v
Gold
Kirkland Golden
Kirkland
Jan
Mar
29
32c
*
:
Kerr-Addison
Feb
Chemical common-—*
Mines
12c
Jan
Jan
Duquesne Mining Co
Donalda
6,600
Jan
22
vte___———_______
Common
14c
1.34
Co
14%
--25
13'Ac
19%
Mining
Lake Dufault Mines Ltd-.^
44
—•
13'Ac
1
29%
8
—
25
50
-
Jan
1
'
Feb
95c
Gold
Apr
25
29%
30
;
-
9c
Mar
Kayrand
Jan
5
Apr
55c
Kelwren
18
25
6c
7,877
Kelvinator
25
15
667
62c
Feb
740
31
7'Ac
56c
Feb
785
31
-
6c
56c
Apr
1.00
12,380
1.10
21'A
25 %
6c
1
Jan
1.70
Mar
15%
,
Feb
Feb
1
Mines
Apr
69c
20,900
1,655
75c
16Ms
4%c
55c
Feb
98c
1.25 Mar
900
15
-
B-C__
cl
-j——*
Dominion Tar &
1.00
20%
25
—
1
*
i—1*
—
Dominion
15%
1.02
20%
35
preferred-.!—
Fabrics
P Dominion
69c
15%
*
Dominion
Dominion-Scottish
13,600
1
•
—
:—
Dominion
;
61c
1.35
*
Ltd
Bank
20c
58c
1.31
69c
10
Mining
Mines
Dominion
18c
58c
1-32
1
'Discovery Yellowknife —
1J Distillers Seagrams common_-»
i
18c
X
1
Mines
Lake
Red
38,700
Mines
Quebec
i'
Jan
15c
>21600
:90c : R2c
285
30
30% ■iyirt
~i:55
-i.69
s
8,550
-
J
30
""Apr
a?1.40 Jan
■
:3
?
1.20
Feb
33%
84ct.Jan
r
Jan
1.70 Jan
*
Volume 165
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4585
J
CANADIAN
LISTED
RANGE FOR WEEK
Friday
Par
Pandora Cadillac
Paramaque Mines
1
Partanen
Malartic
Shares
13c
14c
Low
1,000
15c
13c
5V2c
Jan
Jan
Tamblyn
29c
Jan
Taylor, Pearson preferred
23V2c
Apr
An
An
An
'4,500
3c
47 %c
55c
31,250
47c
Mar
I
15 Vac
15 %C
16c
18,600
15c
Jan
Jan
51c
Feb
Mar
<
Photo
_
—
Mines
1
Engravers
1.06
1.12
.
(G)
Preferred
1.00 Mar
5,200
*
27
27
50
1
12C
12c
1,500
Low
50c
29c
Pickle
Crow
Pioneer
Gold
Gold
Mines
Mines
ol
1
B C
2.81
2.81
3.75
1
Porcupine Reef
Powell River
•
Gold-
3.85
32c
15,200
3,500
30c
1
35 %c
712
35V2c 36j/2C
3.45
25c
37
4.25
10,742
5,750
95c
90c
96c
14,200
*
.
27%
Jan
42c
Mar
1
Rouyn
1
common
Voting trust certificates
1.15
1.15
1
1.08
1.20
1.08
1,200
Feb
38
Toburn
Toronto
1.17
400
*
12
12
13 y8
390
i
.100
Corp
78c
75c
80c
7,000
60%
603/4
71c / Jan
Premier
Gold
Premier Trust
Preston
Purdy
_!
—
East Dome
1.<
——--..^.1
;
Mica Mines
s
1.58
12
Feb
1.60
71c
10%C 103/4C
Apr
Union
Jan
United
1.92
v
Mar
10c
2,000
Jan
60%
Jan
w
Preferred
Quebec
•"133/4
10
common
Jan
-20C
13
Jan
14
) Feb
54
310
54 y8
54 J/8
54%
90c
95c
1
Quebec Manitgu Mines——;
Queenston Gold Mines —1
1
86c
86c
85c
85C
Mar
55
Jan
V
1,500
17 V*
17 Va
80c
80c
"
Reno
'
—
1
1.60
1.60
i
1
58c
58c
63c
189,600
73c
Gold
10c
10c
10c
500
40C
35c
40c
Gold
Richmac Gold (1936)
Robertson Mfg
Robinson,
Class
X
i
common—1
Little
*
:
'
40y2
100
Rouyn
18%
1
183/4
Roxana
Oils
Mines
Co
Royal Bank
Royalite Oil
19c
9
/_
class
A
preferred
3.9y8
50
United Oils
*
United
v
Upper Canada Mines
Ventures, Ltd
Vulcan
__
Gold
9.25
1
1
1
Oils
Feb
Waite-Amulet Mines, Ltd
Walker-G & W
^
Wekusko Consolidated—
Apr
Westeel
Products
Feb
Western
Grocers
•
19
10c
9c
10c
I,000
8c
9c
9c
500
9c
39 Vic
39c
43c
10,720
35c
Jan
64c
64c
70c
9,800
49c
Jan
Feb
12c
Apr
Mar
10c
21c
4.50
4.60
23
Feb
58c
1.03
Jan
Class
27
Weston
(George)
35 V8
38V4 1
29%:
29%
t
;;fv
Jan
[),
20c
Apr
21c
Apr
/
Jan
17% Mar
1
11%
14
2,495
9'/2
37%
40
355
36y2
„
•
Jan
Mar
Larder
luu
17c
Feb
23 Va
23 Va
23%
50
21% Mar
25%
Jan
Feb
Wright Hargreaves Mines
•
3.05
3.05
3.25
2,014
3.00 Mar
3.40
Jan
7%C
7%c
8%c
2,500
7c
Jan
10c
Jan
Ymir
Yankee
24c
26c
19,300
19c
Jan
27c
Mar
York
Knitting
11
Feb
12% Mar
1st
preferred
46c
19,500
25
40c
4.50
Mar
Jan
25 y2
43c
Mines
1
Girl
•
11'/a
11%
11%
100
11% Mar
50c
1.25
1.25
1.25
800
1.20 Mar
1.65
Jan
4.00
4.40
88,630
2.06
Jan
5.35
600
17c
13,200
625
525
14
15%
15'/2
—
Feb
13%
133/4
290
12% Mar
14 y4
Feb
15V2
Feb
13% Jan
Toronto Stock
12%
13
740
12 V4 Mar
13%
9.00
9.00
9.50
347
8.75
10
5
15
15
.40
39%
39%
36c
810
30c
36c
846
Last
STOCKS—
Apr
19%
Sale Price
Feb
40
Feb
29 %c Mar
53c
Feb
12%
Jan
Asbestos Corp
British Columbia
Brown
Co
113%
8j/4
8j/4
166
28
273%
28%
500
27% Mar
32
Jan
Pulp & Paper
24 V4
360
23
29
Jan
Canada
&
106 106 %
140
106% Mar
Danada
Jan
Preferred
104 y4
Jan
48c
Jan
68c
Feb
40V4cMar
54c
-
32 y2
Jan
(1944)
30
30
380
17%
18
425
1.20
1.11
1.25
39,800
97c
Jan
65c
*
—
17,700
17%
•
_•
Mines
4,585
50c
63c
66c
6,206
60c
Mar
9
Co
Springer Sturgeon
65c
46c
30
—20
9
9%
215
8% Mar
97/a
Feb
6
6j/2
760
6
Apr
8
Preferred
19 y4
55
for Week
.
Shares
Low
19
78
31
50
:
Jan
48
Jan
64
100
30
Apr
17%
Apr
18%
Feb
1.25
Jan
78c
20
18%
18%
16
Jan
18%
22 y4
540
20 V2
Jan
23% Mar
14
14
110
,13%
Feb
15V4
Jan
Jan
Fairbanks
Morse—
*
Industries
common
*
300
Canadian
Marconi
34
38
245
34
Apr
39
24
24
270
21
Jan
25%
2%
2%
2%
900
35 V*
35V4
38
Jan
Canadian
Vickers
•
—•
common
Canadian Western Lumber
36 V2
745
26
Jan
3
3J/8
1,200
3
Mar
45
45 V2
50
43
Jan
Copper-
1.75
17%
100
1,770
38c
39c
2,550
33
34
17%
75
135
5
—
1.75
•
Consolidated Paper
17'/2
17 Vi
19
Apr
23
Feb
Dalhousie
*
38c
10
Mar
11
Jan
Dominion Bridge
*
33
25
7
Jan
Donnacona
*
7% Mar
Oil
-
Paper
17 V4
—
•
2.65
2.60
2.65
1.06
Jan
Hayes
23
17%
Jan
International Paper common
*
*
—
Feb
48%
48%
23
50y4
83
89%
Jan
Minnesota & Ontario Paper
•
18
*
—
18
28V4
18%
29V4
6c
2.91
2 91
3.00
37c
235
77
82
83%
210
82
Mar
15c
Mar
82
2.06
2.18
II,380
.100
io y4
10
ioy4
170
20c
20c 21V4c
10,000
Mar
22y2c Mar
2.01 Mar
9
2.65
10'/4
Mar
Feb
Jan
Steel
Ogilvie
Flour
common
*
Selections
Oil
6c
1
Pend Oreille
Southmount Investment
35c
4,300
23c
Feb
27c
Mar
6%c Mar
10c
Jan
*
1
10c
2.30
2,162
2.15 Mar
2.85
Jan
Yukon Consolidated
1
1-40
9c
1.40
Stop
.,Stocks.
.
13, the Bureau of Census issued the following state¬
showing cottonseed received, crushed and on hand, and cotton¬
seed products manufactured, shipped out, on hand and
exported for
the seven months ended Feb. 28, 1947 and 1946.
State—
Aug. 1-Feb. 28*
(tons)
1946-47
United States
2,922,575
Alabama
(TONS)
.Crushed,
Aug. 1-Feb. 28
(tons)
-
1945-46
1946-47
2,405,286
574,995
478,674'
Arkansas
247,732
173,397
212,994
45,591
56,830
:
47,544
40,419
39,516
16,776
8,405
122,673
62,353
60,418
Georgia
—_
Louisiana
291,076
283,920
126,439
107,369
253,945
281,372
226,424
275,049
83,576
-
257,260
.
as
7
45,294
~
~
Carolina
119,860
68,833
110,510
577
2,106
513,140
148,298
300,028
418,971
64,057
137,983
137,600
32,556
25,828
93,524
;
95,010
90,022
89,128
7,031
'7,009
188,019
167,856
179,657
161,907
10,387
10,461
Tennessee
320,396
224,743
89,087
34,650"
549,579
94,706
612,230
242,822
543,575
204,283
Texas
626,906
63,258
69.523
65,964
70,837
54,238
24,127
13,949
All other States
'Includes 100 and 992 tons
Does not include 117,806 and
destroyed
219,340 tons
nor
during
on
see
page
46
1946-47
and
1945-46,
respectively.
hand Aug. 1, 1946 and 1945,
respectively,
56,973 and 39,232 tons reshipped during the
For footnotes
■
r
1
35,054
1945-46
,18,576
Jan
17
Jan
21
28
Jan
30
4%c Mar
38c
Mar
2,900
Feb
3.40 Jan
Apr
9c
Feb
Apr
8c
2.75 Mar
90c
,/.:■/»'*■
Jan
Mar
1.75 Jan
12c
1.25 Mar
Jan
1.45 Jan
STOCKS
-
1945-46
Motes, grabbots, etc.
(500-lb. bales)—
.
.821,211;;
§546,225
707,360
1,087,713
1,178,751
572,195
638,819
**792,407
808,759
.
1946-47
.
.
.
.323
-
/
13,060
Stocks
Shipped
Feb.28,
Aug. 1-Feb. 28
747,954 i'w
T86.564
/
107,008
807,468
.
1182,308
.404,072
158,675
960,666
£6,048
1,174,961
512,695
: 85,425
.
659,682
40,834
;
tf 108 905
718,556
751,9ia
75,425
,
.601
14,136
14,234
503
1946-47
(500-lb. bales)—_
111,575
165,344
Oklahoma
31,628
52,258
1946-47
(running hales)
Hull fiber
42;563
69,070
South Carolina
Feb
55 y4
23c
Aug. 1-Feb. 28
768,456 .
25,925
61,697
1945-40
Llnters
*
351,836
Mississippi
Feb
30
Jan
:
■"
12,468
'915
■
44,956
398,358
166,611
California
1946-47
(tons)
1945-46
..
1945-46
Hulls
(tons)
1946-47
2,671,938
1945-46
1946-47
(tons)
-
55,121
f263,154
275,625
1946-47
(thousand pounds)
.
2,932,264
1945-46
(thousand pounds)
Refined oil
mills,
Feb. 28
1945-46
2.75
Apr
48
287
Produced
Aug. 1
*23,33.3
1946-47
Crude oil
Cake and meal
Stocks at
214,357
Arizona
North
.
■■■?
of Season
Season
Products—
j.
.
Jan
1.90
Feb
Feb
19% Mar
at beginning
On March
ment
mills,
52c
37
23
5
8,200
COTTONSEED PRODUCTS—PRODUCED, SHIPPED AND
RECEIVED, CRUSHED AND ON HAND
Jan
Jan
Mar
1.40
90c
1,500
& Shop
Temiskaming Mining
90c
7c
Receipts to February 28
Received At
Jan
Feb
90c
10c
34c
25c
2.15
2.20
*
25c
6%c
Sturgeon River Gold
Sudbury Contact Mines.
Feb
2.40
17
9,000
400
78
2.09
i'|l
Apr
Mar
19%
32c
965
70
5%c
77
1
3%
50
Jan
50
16%
36J/2
Apr
32%
20
2,610
II,500
80c
1.75
Feb
17 y4 Mar
900
Mar
91c
163%
.25
COTTONSEED
Feb
Jan
3
Feb
45
*
Westinghouse
2%
—
2
Canadian
240
77%
Cottonseed
Feb
21 %
Foothills Oil & Gas
Sullivan Cons Mines
Feb
'<88%
J&,n
14
200
85c
Preferred
Feb
5% Feb
•
18%
7%
16%
Steeloy Mining Corp
Steep Rock Iron Mine
Sterling Coal.
77 y2
735
/
4% Mar
•
21V2
*
10%
Co
Stedman Bros
common.
High
.r*/
27
*
Sugar
7%
Class B
Steel Co of Canada
Range Since January 1
255
^4J/2
77%
•4,
-
28 V*
55
4V2
>
78
10%
Stanley Brock class A_
Starratt Olson
16 y2 Mar
Feb
common
Paving
Feb
5
Dominion
Canadian
Coast
Standard Chemical
Mar
16% Mar
Feb
60c
46c
6VJ
Co
Mar
19c
Feb
8% Feb
Mar
62c
„
„
100
Canadian
Siscoe Gold Mines
28c
Jan
High
28
—
1
Vinegars
106
6%
Jan
28 Va
*
Bulolo Gold
23%
11%
Low
.•
common
11%
.100
Jan
10c
14
.Sales
of Prices
Par
Feb
•-
Week?s
Range
Friday
y4 Feb
38%
16,520
12
Jan
15
5
20c
Exchange-Curb Section
Canadian Funds
common
Sladen Malartic Mines
Standard
24c
15%
15c
„
15%
Jan
4.10
Preferred
Southern
24c
__
*
:
997/8 Mar
Mar
Jan
Jan
Yellorex
Jan
11c
Jan
Jan
31c
4,400
64c
23 V2
645
34c
129
23 y2
Stadacona
—
100
Jan
3.85 Mar
12%
(N)
99%
*
33c
98%
5
16 y4
100
25>/2C
40c
15
5,500
1
Wool Combing
1
24%
99%
12cl2%c
Winora Gold
Feb
1
41c
99V2
Mar
25
•
1
13%
15
747
25
1,759
44%
120
12 y4
56,000
17
Jan
4.20
12 y4
21c
Jan
common
120
*
20c
16 y4
Feb
Feb
4.10
117
108
71c
4.10
—
Slater
20c
104% Mar
1
13
Jan
Preferred
13
50
Class B
Feb
29c
Winnipeg Electric
Silverwood Dairies class A—
Class B-Simpson's Ltd class A
31
Apr
Wingait Gold Mines Ltd
Silver Miller Mines
Jan
12%c
12
—
28
1,340
»
6,100
34c
Preferred
Jan
39% Mar '
15c
I,335
common—.
Jan
12%c
6,100
C.
36
Mar
36%
14c
42c
Ltd
\
1
125/a
V. T.
30
i.
Feb
Jan
12
Sigma Mines
35
20
100
.
Feb
•
"
•>'
38 V4
27
15
Jan
40c
Silknit
Mar
Mar
27
18c
40c
Gold
50c
23% Jan
Apr
*
Sicks' Breweries
'
34y2-34V2
37%
C
25
10c
1
Sherritt-Gordon
Jan
5
Rush Lake Gold Mines
1
Jan
26
6,500
Russell
Shawinigan Water & Paper
Shawkey Mines (1945)
Shea's Winnipeg Brewery class A
Sheep Creek Gold
22c
80,100
-
|
Jan
4.95
V'
12c
Winchester
Senator Rouyn Ltd—
Apr "?y
105
Feb
Mines
Jan
}!
;
10c
Jan
River Gold
*
4.40
22
]1
105
20
Sarnia Bridge
Jan
Feb
11c
25
Sand
18c
1
14 y2
Sannorm
27
35%
100
23% Mar
1
Jan
25c
lty2c Mar
1,648 ■>
48c
'
27
—
*
common
Preferred
245
Paper preferred
Apr
iFeb
Wiltsey-Coghlan Mines
560
San Antonio Gold Mines Ltd
12
22c
'9c
V
525
Jan
2.65
Jan
Jan
•
2,788
37%
*
17
•
'
__
100
A
23%
preferred
2,000
;
Feb
Feb
1
12Vec Feb
16 y2
Lawrence
'
12c
TO
16c
9.10
4,500 &
Feb
49%
2.25 Mar
1,028
*
Feb
Jan
Apr
8% Mar
4,650
9c
*
common
23'/a
A
19o
Apr
21
17% Mar
915
Jan
30%
'if
16V2
St Lawrence Corp common
2.45
9.40
-
1
—
23 y2
St
2.40
9.25
'•17C
4.50
'43V4 Feb
9
i
v
'
■
9
mar
-
Feb
1A%
21
6V2c
6V2c
''
8%
21c
*
Jan
*
common
2,100
6V2c
'*p
22
22% i44 >/2c
44 %c
A
10
Industries
46 V4
-u
Feb
1.10
Apr
35
30-
Apr
30c
13% Mar
i
"
47
_
•
Feb
Q
1,760
.47
.
~~
Jan
175%
Mar
4,035
Jan
Jan
Mar
300
'
ioc
1
*
17c
77c
19%
1117c
15c
67/e Mar
18% Apr
25
..
Feb
1
.«•
•
Vicour Mines
9%
1.40
30c
800
16c
Feb
Mar
12
Jan
19%
v
^
8%
170
30 Va
—
•
Steel
Apr
Jan
30%
Apr
Jan
21
4,050
-
81c
15C
Feb
22c
Apr
3.70
60c
11% Jan
30
VV
20c
•
9
15c
,47c
*
Gold
175 175%
Mar
65c
1.05
500
Jan
54
Jan
18
1,124
Feb
12 V2
Feb
43c
700
24c
80c
Jan
1
1
Merger
175
20c
Apr
40
1.13
•
3.25
Jan '
28
4iy2c Mar
570
11%
81c
7c
10
83/4
20%
24c
*
Fuel
Preferred
Roche Long Lac
Rochette Gold
20
1.05
1
Jan
80c
Jan
3.100
•
32c
10,600
8%
8 3/4
*
55c
55c
11%
*
Jan
1.70 Mar
1.25 Mar
200
40 V2
-*
common
A
52c
~~
Feb
21% Jan
•
4,500
1
.Class B
Villbona
Reeves Macdonald
".
Corp class A
1.20
Mar
16% Mar
3,781
46c
'1.05
100
*
Mining
1.14
Mar
1,667 i
3.60
♦
•
1.15
Jan
5.400
17%
85c
2.401
85c
Quemont Mining
210
96c
1
Regcourt
3.60
__
40
-
Gold-
14
•
Jan
•; 20
*
Union Gas Co
United
Purity Flour Mills
Mar
12
%
I'
Mar
2.75
1.00
Feb
53
Feb
1.40
.
1.50 Mar
4,020
*
Mar
49 V»
40
1.61
15
Feb
•
26
20
115
53c
1
u
Elevators—
!
Towagmac Exploration
Transcontinental Resources
'
Power
50
Jan
53
3.40
*
Gold
Tombill Gold
\ 1.67 Feb
Jan
83o
1
Tip Top Tailors
82c
12J/a
• \:
Mines
31c
Jan
53
„
Teck-Hughes Gold Mines
Thompson-Lund Mark Gold Mines-
27%
High
Jan
2.25
12%
53
10
Toronto General Trusts
Powell
27%
23c
44c
50
Feb
38c
,
35V2c Apr
33% Jan
590
Feb
3.30 Feb
Jan
Mar
Mar
17c
2.80 Mar
*
36%
363/4
*
28
Jan
Low
30c
2.40
Feb
1.31
Mar
10c
1,200
30c
-*
Porcupine Peninsula
3.00
26
28c
2.25
*
common—
Range Since January 1
High
2.25
Thurbois
Piccadilly Porcupine
two*
Shares
1
„—
Gold
Sales
for
AttUfC
of Prices
Par
Surf Inlet Consol GoldSylvanite Gold Mines
Taku River Gold
20c
1
Pen-Rey Gold Mines
Perron
Week's
Sale Price
-
.
56c
10%c Mar
5,700
STOCKS—
High
1
Paymaster Cons Mines
Friday
'.V-*,**■■''!■
Range Since January 1
High
10%c 10%c
__
i
11
for Week
Low
1
APRIL
■
Range
of Prices
,
Sale Price
45
MARKETS
ENDING
Sales
Week's
Last
STOCKS—
;/ (2037)
~r"'
seasons
1946-47
and
1945-46.
30,386
33,128
1,730
2,451
1945-46
Includes 10,389,000 pounds at oil mills,
19.695
12,921
26,437
9,145
10,682,009 pOUiJds at refining
and manu-
^
factjuring establishments and 2,262,900 pounds in transit.
45,278,000 pounds at refining
10,393,000 pounds in transit.
tlncludes 30,893,000 pounds at oil mills,
facturing establishments and
I
flncludes
pounds at refining
245,794,000
and
'
manufacturing establishments
17,360,000 pounds held elsewhere and ir. transit.
[
and manu¬
■
and
,
.',
,
§ Produced from 693,604,000 pounds of crude oil.
//•^Includes
run,
bales
237,752
'
"
first
cut,
'
462,151
bales• second xut
ttlncludes 76,813 bales first cut, 22,517 bales second cut
•
4
nincludeF 179,956,000 pounds at rciining and manufacturing establishments
2,852,000 pounds held elsewhere and-in transit.
■
;
mill
-
I."-
and
and
!
■
82,504 bales
n"
and 9,575 bales mill run.
i
-
el
1
46
THE COMMERCIAL & FINANCIAL CHRONICLE
(2038)
Monday, April 14, 1947
OVER-THE-COUNTER MARKETS
Quotations for Friday, April li
Investing Companies
"
5.99
Fund Inc
Affiliated
10
Holding Corp
Amerex
Axe-Houghton Fund
Fund
Inc———
B—
Beneficial Corp--
Blair
—*
Fund
Ltd
Fund
Bullock
Series
4ft
Mass
Investors Trust
Mass
Investors
Mutual
Balanced
Bond
Fund, Inc_
10
First
Fund
b
Fundamental Investors Inc——2
Fundamental Trust shares A—3
1.92
2.10
General Capital
Corp
General Investors Trust—
York
Stocks
10 ft
11%
American of Newark
2ft
19ft
20%
Re-Insurance
10
26%
28%
16.00
American
Reserve
10
17
19
American
National
Surety
25
53
55
National Fire
10
36
39
National Liberty...
J
National Union Fire
20
New Amsterdam
Casualty
2
New Brunswick
—10
New Hampshire lire
10
14.92
'
6.63
7.27
8.98
9.84
Baltimore American
2ft
44.28
9.56
10.48
Bankers & Shippers
25
72
5.90
10
64
68
21%
23 ft
North
9.33
stock
Bank
Building supply
j
Business
Equipment—
8.59
—
9.26
5.88
6.38
Electrical
8.15
8.84
Insurance
Speculative
equipment
5.77
8.02
7.99
8.66
Public
7.31
Railroad
9.83
10.32
8.40
—
Petroleum
9.11
&
Trading
5.26
Fund
Common
Fund
Trusteed
10c
1.70
1
21.62
Indemnity Co
Phoenix
71
23.37
Union
Securities
Institutional
Aviation
Bank
Ltd—
10.54
Group shares
Insurance Group shares
11.55
78c
Group shares
86c
13.31
20
149
5.60
Fire Assn of Phlla
10
49
8.15
Fireman's Fd of San Fran
Firemen's of Newark..
10
88
11.50
30
3.55
2ft
3V8
100.39
102.41
2 ft
10.97
11.87
I
Utilities
6.29
lOo
75c
Corp—_
Industry Shares——250
Fund
series
46.00
75c
A—
6.89
82C
Series
B-l
„
28.35
24.84
B-4
18.84
9.12
B-3
Series
27.24
17.19
B-2
Series
29.68
10.02
_lo
10
Glens Falls Fire
0
Globe
A
8
Rutgers Fire
13
com
preferred
18
Great
American
8
Hanover
13 ft
6%
25
102
106
10
51-
54
10
85
89
5
10
Reinsurance
Corp (NY)
(Texas)
Bank of the Manhattan Co
Bank of New York
Bankers Trust
10
'
£
2
5
—.10
27
30
22 ft
24 ft
Revere
19 ft
21%
St Paul Fire A Marine
26
12 ft
69
72
29
52
20 ft
47 ft
Seaooqrd Surety
10
Security New Haven
10
Springfield Fire & Marine.—25
50
18 ft
45
28 ft
30 ft
7%
9%
24
(Paul)
Fire
10
Standard Accident
29
100
89
92
Travelers
26%
28%
U 8
27
540
U 8 Flre__
25
98
10
-
Brooklyn Trust
38ft
100
40
115
ft
interest
7.46
-
8.18
Central Hanover Bank & Trust 20
50
53
73
79
.2.00
35%
38 ft
.101%
102%
102 ft
102%
1975
102%
103%
2%s_. .1976
103 ft
104
Guarantee
Westchester Fire
Security Issues
Amer
!.!!
Trust
Bid
American Airlines 8s
6.40
7.35
•
2.45
American Tel &
2.76
shares—
J
3.30
_1
2.83
.1968
Ask
90 ft
92
Bid
Tel—
Portland
2%s debentures
Consolidated
-1982
101ft
Gas
&
Coke
3fts_ 1976
Fulton Trust
Grace National
Public'Serv (Okla) 2%s
101%
102
103
103ft
101ft
102
107 ft
109
Scranton-Spg
Brook
.1982
103ft
103 ft
.1976
102 ft
103ft
Firestone Tire & Rub 2%S- -1972
100%
101ft
Sioux City Gas A El 2%s__. 1975
Tenn Gas A Transm 2%s_ .1966
Texas Power A Light 2%s. 1975
104 ft
105
Utah Pow A Lt 2%s
.1978
Par
Paso
Electric
Bid
175
-100
263
' —10
33%
35%
10
39 ft
41ft
38%
40%
Continental Bank A Trust—10
16 ft
17 ft
Corn Exchange Bank A Trust_20
Morgan (J P) & Co Inc
National City Bank
New York Trust
53
55
14%
Manufacturers Trust Co__ —20
20
Commercial National Bank A
:iV'> Trust Co
Empire
——
*-
Trust
Federation
50
First National Bank
87
22
25
10
& Trust
Fiduciary Trust
82
10
.
Bank
1
37 ft
40 ft
100 1,425
1,485
Public Nat'l Bank
Sterling National
-1970
-1961
100
-1976
104%
105ft
Monongahela Power 4.40%—100
-1976
102
102ft
N
98
100
Ohio
3.90%—100
102
102%
105
105%
102
Monongahela Power 3s
.1975
Pennsylvania Electric 3.70% .100
Public Serv
(Ind)
3.50%—.100
103ft
97'
_
—
-100 1,670
—25
49
49ft
-100
242
•12 ft
37 ft
-25
185
15%
State
Public
lfts Oct
I,
1, 1952-1950
1, 1953-1951
May
2y«s Feb. 1,
1950-1948
100.11
100.15
99.16
68
635
lift
107 ft
103%
Ruppert (Jacob) 4ft%
100
106
103
103
Ohio Public Service. 2%s__ .1976
Pennsylvania Electric 2%s_ -1976
107ft
104'
102 ft
103 V4
Scranton Spg Brook 4.10%—100
Union Oil
(Call $3.75
•
102
103
102 ft
102%
Willys Overland 4ft%
54
55
39
ft
United States Treasury Dills
73
Rates quoted
13
are
for discount
17,
Bid
Bid
0.28%
June
5.
b0.275
0.33%
June
12,
b0.375
0.33%
June
b0.375
0.33%
June
103.18
b0.375
0.34%
July 3.
—
b0.375
0.34%
July 10,
.1
b0.375
Ask
b0.375
1947
0.35%
0.35%
1947
29,
1947
b0.375
0.35%
19,
1947
1947
b0.375
0.35%
26,
1947-^-
b0.375
0.35%
1947
b0.375
0.35%
b0.375
—
1947
0.35%
Ask
100.2
100.5
125%
127
100.6
103.14
purchase
Ask
b0.375
1941
May 22, 1947-,..—
Bid
at
665
May 15,
99.20
100.2
1955-1953
*
96
51ft
May
1948.
ft.
89
.—25
15,
99
102ft
41ft
Title Guarantee A Trust.—12
United States Trust—100
lfts Apr.
98%
248
Obligations Of Government Agencies
lfts Jan.
3%%__100
103 ft
2%s
Gas
May 8. 1947
lfta
Service
52
86
Federal Home Loan Banks-—
Gas
106 ft
El A
Treasury bills—
Ask
&
-1975
Power
Y State
Apr.
Bid
El
1,720
39 ft
& Trust ■17 ft
Y
2%s_ .1977
N
272
„
Apr. 24, 1947
May 1, 1947
Federal Land Bank Bonds—
102 ft
Montana
Ask
200
15
Bank
National
Chemical Bank & Trust—
.
101ft
Kans Okla A Gulf Ry 3%s_1980
Laclede Gas Lt 3fts
-1965
-100
96%
2%s
Illinois Power Co 2ysS
Iowa Pub Serv 2%s
-100
Guaranty Trust
Irving Trust
Kings County Trust
Lawyers Trust
Ask
101ft
Edison—
2%s series A
El
22 ft
Par
93%
Chase
45 ft
4
10
U 8
39
Recent
Bonds—
Series 1956
ft
43 ft
31ft
555
Philadelphia El Pow 2%s__ 1975
102%
30
Fidelity A Guaranty Co..2
113ft
19.26
Series 1955
120
109
10
28
8.72
17.65
U S El Lt A Pwr Shares
A—
358
6ft
Republic
22.63
Trust—
—-—
North
26%
343
6ft
36
14 ft
t.V
Ask
24%
.100
34
7.01
7.97
20.70
York City Banks & Trust Cos.
Bid
4ft
92 ft
Preferred Stocks—
Par
7%
84
20.93
6.41
2%s
New
-
79
Gatineau Power 3s
—
48
ft
10
Fire
27 ft
45 ft
13 ft
10
Hartford
Hartford Steamboiler Inspect..!!
25 ft
12.50
Providence-Washington
,1.52
28 ft
23.36
19.15
Independence Trust Shares—
—-
Series
22.56
Unit Type Trusts—
Diversified Trustee Shares—
Keystone Custr-Man Funds-
General Reinsurance Corp..
Gibraltar Fire & Marine
52 ft
156
2C ft
84c
C
Ctfs of beneficial
13.38
8
47 ft
6ft
165
24 ft
49.00
B
World Investment
27.30
•
America .-.10
Fire
2nd
•
Bond
Franklin
5
Globe & Republic
10c
Union Common Stock Fund B—
Union Preferred Stock Fund—
'Wellington Fund
.1
14.58
26.04
13.09
if
Co
10
Fidelity A Deposit of MA
Series
1.05
95C
.
Stock and Bond Group shares.
Investment
Federal
6.67
Series
—-—:
Incorporated investors
•
52
5%
22 ft
Preferred Accident
16.08
Selected Ahier Shares
Standard
Inc
1.65
29%
68
3.23
Sovereign Investors
5.80
80c
60C
(Geo)
Fund, Inc
4.60
5.34
1
Paelfic
27%
10
14.95
Bchoellkopf Hutton and
Pomeroy
Scudder, Stevens & Clark
4.23
—
—-
Employees Group
Employers Reinsurance
20
2.87
4.73
4.58
4.84
Flre__„
1
Putnam
Republic Invest Fund
4.21
Pacific
—1
5.51
2.63
33 ft
13.04
10^49
Tobacco
6.98
4.35
-
53 ft
30 ft
7.44
—
5.07
shares
50%
5.11
-
6.45
—
shares
Northern
5
JO
8.64
49
155
0
Continental Casualty
Crum A Forster Inc
11.16
31
11%
Northeastern
68
10.31
7ft
29
a.50
River
20 ft
8.64
38%
6ft
0
18 ft
6.09
-
-
Fire
65
11.90
Utility
York
10
8.39
.
0
Connecticut General Life
9.41
Railroad equipment
7.30
New
Fire
12.27
10.I8
—
Camden
79 ft
28%
10
12.15
10.28
7.83
6.73
-ii
6ft
77
75
fl
4
(Detroit)—10
10
7.88
7.39
Boston
5%
Casualty
City of New York
7.88
Metals
Merchandising
6.74
—>
10.15
9.38
—
stock
Machinery
7.20
10.38
9.41
Automobile
12.43
11.20
5.31
10.22
12 ft
Merchant Fire Assur
Merch & Mfrs Fire N Y
Aviation
shares-
Foundation
Massacnusetts Bonding
Automobile
State Street Investment
Income
22 ft
American
17%
Agriculture
9.58
—
lift
54 ft
common..
5.96
15%
5.89
6.64
shares
10
52 ft
20%
Prior
3.91
Oils
shares
Fidelity A Casualty.!
l
preferred
Convertible preferred
4.17
11.09
Holding Corp_,
92
40
5.37
Diversified
Steel sharesTJtllifcv
88 ft
3.75
6.74
——
Bond
American
0
16
36
3.51
6.21
Equipment shares
Railroad
stock shares
Equitable—
27 ft
14 ft
10
12 ft
American
Ask
25%
v
20
of N Y
Maryland Casualty
34
10%
Diversified Investment Fund
shares
Tobacco
31ft
5
7.57
RR
Huron
4
Casualty
—
Merchandise shares
Railroad
Automobile
10
Jersey Insurance
6.50
7.22
Mining
21
American
American
Bid
..1
Fire-
Insur Co of North
America
14.50
Machinery shares-
Petroleum
76
19
7.57
—
Price 8hares
73
Alliance
5.50
Institutional bond shares
Low
6.93
American
41.18
Electrical Equipment
Industrial
Homestead
44
10
Agricultural
57
42
4.14
—
Fully Administered
General bond shares
Par
Home
/ 54 ft
.20
Life-
8.72
1
Inc—
62
Companies
81ft
6.89
—
New
59
.100
31
Ask
ft
5.63
——
Food shares
78
3.66
6.98
Building shares
Chemical shares
.10
Bid
5.19
6.20
Chemical
shares—
Aviation
7.75
.10
10
5.31
.1
shares
10.62
Aetna Casual A Surety.
Aetna
13.23
J
shares.;
Automobile
preferred
7.89
England Fund—*
Ask
27
—,
series
New
Group Securities—
Agricultural
9.82
—
Speculative series
Stock
39
Bid
A Pacific—
—
15.68
25.03
36
6%
Insurance
Par
Aetna
...I
Selected series
14.67
Corp
Mutual Trust
82
14.70
14.79
7.05
23.25
-
Boston
13.45
13.77
4.69
•
First
i
Inc—.10
series
—-
8.56
series
1
,
—--
79
11.75
-
stock
2019
4fts_
26.51
Low priced bond series
Low priced stock common—
Preferred stock series
i
25.91
24.24
1
Fund
Stock
Fidelity Fund Inc
Financial Industrial
7.81
10.87
series
Industrial
income
Stocks
5.71
Security 8erles—
( Income
C
Chicago Rock Island
Common;
105
47.70
£4.52
Securities—
National Investors Corp
National
1.56
HowardBalanced Fund
46.75
1
shares
Conr
102
4.91
1
-
Fund
Invest Fund
Natlon-Wlde
16.61
Fund
2d
Ask
1994
100 65
Manhattan Bond Fund Inc—
Common —L
—10«
18.83
1st is
,
12.23
5.14
——
18.13
A
Eaton
Fund
...
Bid
—
Chicago Rock Island Ac Pacific—
15.10
4.43
21.63
Shares—
Dividend
11.11
103.86
.
27.87
13.75
-
17.18
Inc
—>■»■»»
Bends
8-3
16.77
4.35
5.05
-1
Fund Ltd—
31.11
28.93
Century Shares Trust
14.86
13.73
Chemical Fund—
—
3,070
Christiana Securities com—100 2,970
154
Preferred
100
140
6.17
Commonwealth Invest
Delaware
S-2
(When, as and if Issued)
—
8-4
Loomis Sayles Mutual Fund
♦
Loomis Sayles Second Fund—10
6ft
Inv
Canadian
23.15
III
20.01
■
Inc
Street Invest Co
Broad
21.10
I
99.71
America
of
Tr
inv
Boston
20.32
II
25.38
Knickerbocker
5ft
18.53
III. II
Series
16.89
3%
J
Co—
&
bona
K-J
'
H.
Series
8.04
,
Ilk'
—*
K-l
Series
8%
7%
7.44
15.54
Ask
Series S-l
4,27
3.90
Standard Oil shares-
Associated
Axe-Houghton
Series
32 ft
30 ft
1
Business Shares
American
4.62
-
Bid
Keystone Custodian Pond* (Cont.)
6.58
4.22
oecuritiei
Aeronautical
Reorganization Rails
Par
Ask
Bid
Funds—
Mutual
Other
Itsue$
Panama Canal 8s
-1951
a
Odd lot
sale
(not included In year's range).
b Bid yield price,
c Hein
Werner Motor Parts
Corp. name changed to Hein Werner Corp. and outstanding stock split 2-for-l payable to holders
of
to
Quotations For U. S. Treasury Notes
Figures after decimal point represent one or
Maturity—
»ept. 15. 1947
Wept.
,9-
Int. Rate
ift%
1<>47
lft%
Wept. 15, 1948
lft%
Bid
Ask
32us of
a
100.10
100.5
100.6
100.24
100.25
"
issue,
t%S Nov.
*0480
!o582
.0539
.0470
—
.0461
.0462
v
1947
1, 1947
0386
.0394
f%S Aug. 1, 1947
1,
Ask
.0306
t%S July 1, 1947
*J/aS Oct. 1, 1947-——
,
.0563
.0449
.0559
t%s Dec. 1, 1947t%s Jan. 1, 1948
•
,
'V-
.0306
0449
J%s Feb, 1. 1948
.0347
.0507
t%s
■
a
1948
.0385
.0560
t%s Apr. 1, 1948.
.0428
.0619
Mar.
Exchange.
1,
.0329
.0456
Authorized $3 par common stock at same time increased from
1947.
d Deferred delivery sales
(not included in year's range).
Formerly the Aviation Corp. of Delaware;
w
d When
Dollar Price 100 Plus
Bid
3,
shares,
g
Stock
Certificates of Indebtedness—
t%S June 1. 1947
t%S Sept.
400,000
March
price,
point
Maturity—
100.9
■
more
record
•No
dividend.
par
rCash sales
delivered.
value,
tin
name
changed
(not included in year's range),
wiWhen
default.
issued,
x
Ex-dividend,
$These bonds are
March
e Ex-interest,
25,
1947.
t Ex-stock dividend.
y
200,000
f Flat
k Removed
to
(Un) Unlisted
Ex-rights.
subject to all Federal
taxes.
flEx-liquidating
< I
Volume
165
vr-:-
'Number 4585
THE COMMERCIAL &-FINANCIAL CHRONICLE
T H E
Bank
/>;
with
clearings this week show
a
C OURS E
compared
decrease
a
ago.
based upon
the country, indicate that for the week ended
from which it is possible to obtain
6.0%
below those for the
Our
year.
preliminary
totals
this
cente-;
there
day of 0.5%.
is
loss
a
weekly clearings will
stand
at
for
the
in
week
1946.
At
ended
Fri¬
698 in the
Our comparative summary for the week
was
CLEARINGS—RETURNS BY TELEGRAMS
April
12—
1947
1946
592.746,682
469,659.798
Philadelphia
662,000,000
626,000,000
+
Boston—
414,545,695
209,608,097'
205,400,000
City
Louis.
St.
San Francisco
Pittsburgh
i
Week Ended
1st
bank
+ 22.1
179,649,417
+ 16.7
2d?
161.000,000
248,804,000
+ 27.6
3rd
+
8.2
April
decrease of 30.7%.
a
furnish
we
a
6.0
+
+18.3
All
$7,976,283,947
1,778,772,360
cities,
$10,425,878,958
Sth
17.2
+
the
915.113,651
New
results
for
York
March
2,303.652,540
Stock
—60.3
Outside
17
three
months
of
the
1946
1947
19,336,900
shares
f
25,663,765
66,651,580
1946
631
111,266,707
bonds
$68,859,500
$95,911,600
$261,903,100
$394,187,200
6,686,600
8,386,600
18,391,700
35,500
720,000
259,500
2,384,600
$75,581,600 $105,018,200
$281,059,300
$421,278,500
bonds
Total bonds—
1947
January—;
1946
1945
No. Shares
No. Shares
No. Shares
38,995,195
32,612,585
51,510,197
23.757,877
34,052,745
March
19,336,000
Quarter
25,663,765
66,651,580 111,266,707
% The
course of bank clearings at
month of
March and
the
three
CLEARINGS AT LEADING
99,100,023
months
District
of
Atlanta
St.
1944
1947
1946
1945
7
"
16
"
15
"
,._11
"
...
$
$
$
$
90,267
91,257
80,869
Outside
N.
19
8,632
6,755
4,711
4,595
10,823
9,436
8,561
8,240
3,098
2,379
We append
6,265
5.486
7,432
5,207
2,293
1st
2d
New
3d
3,324
3,293
4,280
3,876
3,525
2,217
2,053
1,940
715
579
546
5U
2,053
1,654
1,602
1,465
City
7th
1,237
1,026
941
877
3,612
2,936
2,656
2,505
Cleveland. I
8th
1,193
964
943
St.
1,018
3,422
2,795
2,835
2,719
9 th
Minneapolis
2,807
2,420
1,814
6th
1,813
_
Atlanta
.
1,438
1,276
1,180
1,155
10th Kansas City.
11th Dallas
4,153
3,540-
4,595
4,932
471
387
245
12th San
319
1,399
1,133
1,047
400
358
362
1,411
1,126
978
1,018
97
85
73
318
276
240
214
Denver
Indianapolis
t
180
169
568
492
296
303
965
781
830
865
226
172
942
711
619
284
263
1,156
966
788
741
136
130
401
386
1,053
165
-
,597
469
488
406
366
339
1,417
1,178
278
208
185
1,088
787
397
379
1;262
1,110
1,126*
123
553
434
374*
Hartford
380
•
153
•
93
55,417
Other cities
Total
all
:
84
68
74
287
Out. N.Y.C.
We
51,340 47,207 43,662
7,502
..
6,252
5,479
158,299
4,951
21,664
62,919 57,592 52,686 48,613 179,963
__
31,220 26,591 24,937 23,497
add
now
our
89,696
detailed
629,
248
149,873
The
209
•
17,842
135,996
76,457
70,891
it
5,232,750,516
3,320,330,001
5,349,468,811
13,361,834,354
13,097,220,211''
4,093,166,307
.
t
.
,
+ 20.9
2,729,118,120
4,948,356,453
*
+ 15.5
3,725,621,568
7,080,291,536
7.3
+ 17.3
2,691,994,215
4,774,364,59&
3,232,804,171
......
151,761,570,196
70,891,611,144
+
3,849,471,282
-
+ 20.6'
76,457,367,281
8,600,794.519
8,155,329,681
3,596,803,043
-
3,888,748,439
5,787,005,180
+ 23.5
167,715,169,341
89,696,274,954
following compilation
the
covers
clearings by
1947
—
-
6,607,945,291
-w
.
.138,307,483,718
Total
three
CLEARINGS
Clearings Outside New York
1946
Inc. or
1947
6,700,839
New Bedford
*
7,261,565
Conn.—Hartford—
20,181,845
+
8.9
+
167,715,169,341
+
the week
23,150,349,683
+ 17.4
+ 17.4
7.3
89,696,274,954
76,457,367,281
+ 17.3
I.—Providence——
i
-
1943
(14 cities)
-.w
.
1945
1944
$
17,739,219
+ 16.4
1,930.225
+
0.1
50,703,614
46,531,004
+
9.0
4,239,697
3,886,505
+
9.1
3,508.437
3,530.414
5,207,315,219
17,504,630
+
5.4
437,818,579
400,145,503
+
9.4
369,173,387
324,708,367
+ 16.5
1,849,787
1,409,740
+ 31.2
1,117,868
905,440
617,361
+
1.6
195.588
"*4*3*2*811
+
+ 12.6
20,388,627
3.5
11,058.941
9,062,707
7,642,170
+ 14.2
+ 11.1
21,486,654
.
84,740,083
61,373,803
'
1.759,244
2.8
1,334,503
1,141,384
+ 17.5
'53,878,131
607,587
1,712,163
6,760,982
5,884,420
+ 14.9
4,326,156
4,393,767
4,730,710
4,596,319
+
3.1
3,241,067
2,610,519
15,715,827
+ 10!2
287,931,666
248,742,530
+ 15.8
22,258.152
23 520,899
5.7
119,550,497
104,788,694
+ 14.1
3.3CC.981
8,738,79)
9,114,500
3.3
23*967,300
21~007,6C0
29,352,600
'
27.740,200
■
'
+ 10.1
)
950,669
+ 17.4
72,140,586
9.6
+
-
992,422
+13.9
18,309,629
+15.0
1
_
+ 22.0
8,726,370
1,932.862
+
4,226,243
.
5,486,260.287
+
24,421,644
2,090,920,806
.
5.7
+
2,221,472,441
or
3.6
+ 14.6
2,533,809
97,597,600
+ 17.2
Week Ended April 5
84,879,348
-5,315,303
Inc.
Dec. %
Dec. %
35,034,132
107,474,500
■
26,715,645,414
ended April 5 for four years:
or
9,416,900
1——
or
Dec. %
26,591,372,184
93.565,005
—
'
Inc.
9.2
37,026,766
—
1946
31,303,494,511
27,172,267,988
31,220,512,455
1947
Inc.
1946
$
20,649,578
4.2
+
18,421,930
.
and
+
•
$
+
6,537,719
28,094,307
'
$
+ 19.3
5,707,513
3,598,113
'.J,
Dec. %
15,927,063
2,904,423
Springfield
Worcester..
49,796,678,743
57,592,838,206
60,325,652,392
-Jan. 1 to Mar. 31—
Inc. or
1947
Dec. %
179,963,793,226
months
x67,596
67,596,763,723
months since Jan. 1, 1947 and 1946.
62,831,187,612
54,213,526,983
62,919,078,631
March
1,777,088,765
5,953,403
H. 3.477,137
Holyoke
Total
8,484,462,064
+ 18.8
7,637,330,346
179,963,793,226
184 cities
January
February
123,938
1,876,627,104
.
Lowell
R.
'
+ 18.3
MONTHLY
■Si
6,809,323
N. H.—Manchester—
8,916,190,733
+ 16.9
+ 24.9
__
-
207
16,496,388
Fail River
Waterbury
+ 15.0
6,423,835,334
5,321,701,922
73,029,585,976
83,268,866,344
+ 12.7
4,520,490,588
3,496,110,323
5,622,696,327
4,337,615,704
s
5,447,909,093
0.5
13,294,588,812
1944
$
*
Clearings, Total All
1946
First Federal Reserve District—Boston—
Portland..
New Haven
—
Three Months
1945
6.8
+
5,643,901,938
4,226.384,644
showing ?the figures for each city for the month of March
$
Me.—Bangor_J
<
Three Months
or
Dec. %
8,331,368,907
6,942,742,069
Months—
15,765: % 14,369
1947
'
■
23,497,275,956
tt
.
:>*
24,987,200,588
Inc.
6,120,678,349
93,726,708,836
9,857,073,269
tt
-Month of March-
Mftss.—Boston
2,264,398,371
48,613,161,624
4,346,672,546
587
167,715 151,761^138,307
statement
Clearings at—
:
2,510,468,835
+ 17.4
$
$
To. 27 cits.
1,124,814,875
52,686,757,947
15,722,118,868
it
Outside N. Y. City
363
.
193
.■
-
9.2
tt
1,127
129
434
—
Call Lake C
907,052,374
/ 1,306,2)8,174
976
.
678
368
_
1,328,850,585
1,671,329,301
593
202
_
4,586,078,826
*
+16.4
7,632,760,577
11
Franolsco
Total
478
264
346
'
1,448,074,983
948,940,109
1,765,445,409
■
'
257
-
401
1,347,955,855
1,992,004,000
4,682,539,049
+ 19.4
1946
93,227,242,612
11,337,512,708
933
516
107
"
195
+ 17.1
+ 20.2
,
it
16
399
248
1,781,844,089
25,920,328,646
3,060,212,617
2,853,847,378
1,252,000,115
1,862,404,447
*~
3,199,553,294
3,043,635,066
-
„
+ 12.5
it
1,724
333
$
1,917,658,549 ~"
+17.4 "
9,738,293,077
31
395
330
in the, Dallas Reserve
Francisco Reserve Dis¬
28,519,264,624
+13.7
4,900,240,308
Louis
1,638
—
2.7
it
_16
_
Chicago
443
:
+ 20.1
+
Three Months
tt
17
•
3
1,244
i
Re¬
eral Reserve Districts in the three months for four
years:
6,539,515,908
it
16
Cleveland
Richmond
513
Buffalo
Seattle
4th
Sth
1,460
Milwaukee-
4,001,794,057
$
6.2
26,591,372,184
"
-14
_
3",263
*
9,146,599,570
1945
•
+ 21.3
$
Philadelphia
York
2,414
Providence-
7
or
+
+
14 cities
4,753
Louisville
San
Dec. %
57,592,838,206
another table showing clearings by Fed
Boston
684
638
Inc.
3,062,612,553
Federal Reserve Districts
1,230
621
1946.'
1,987,714,531
1947
714
'
21.3%,
the
+ 31.6
Three Months
1,396
762
is
and in
62,919,078,631
City
451,509,585
_
%
Kansas City Reserve
increase
1,507,435,333
2,630,189,587
"
184 cities
Y.
the
2,090,920,806
31,834,838,935
3,489,615,195
2,898,931,574
1,507,212,493
2,292,888,082
4,594,106,556
1,613,396,150
1,145,588,964
2,410,176,775
1,810,756,877
70,710
'
!
1,926,947,257
1,507,947,595
$
1,018
District
31,220,512,455
Francisco
Total
770
Memphis
'
159,537,734
126,905,270
Chicago
District 20.1%
trict 16.4%.
3,404,023,165
1,695,261,666
2,685,847,539
5,523,268,655
"
249,005,281
.
271,480,642
146,874,939
499,308,277
+ 12.2
;
District has to its credit an
expansion of 20.2%, the
St. Louis Reserve District of
19.4% and the Minneapolis
Reserve District of 31.6%.
In the
32,701,686,274
"
VL
serve
3,969,077,834
"
„
Reserve District the totals
register an increase of 17.4%,
Richmond Reserve District of 12.5% and in the
Reserve District of 17.1%.
The
2,221,472,441
"
530,461,791
290,026,335
212,365,389
291,290,278
.
+ 11.6
+ 27.2
$
"
702,666,468
+ 12.7
m" *
8
337,816,325
,
V
17
16
Louis—
12th San
1944
$
Orl'ns
■
239,123,804
415,768,575
Atlanta
Cleveland
♦
542,575,276
294,765,581
«
in the
an
In the New
the
636,354,716
-
CITIES IN MARCH
1945
Cincinnati-
was
—16
10th Kansas City
11th Dallas
•
Richmond
there
"
Minneapolis
1,468
Paul
In
31
840
St.
4,865,055,845
$
Chicago
1,661
Omaha
8.4
with
ended
$
_
Minneapolis
5,395,556,747
1947'
__
2,555
3,051
Detroit
11,329,848,284
'
!
8th
•
New
—16.9
clearing houses of 9.2%,
!
9th
62,555,204
1946
31,698 31,001 27,699 25,115
Chicago
3,021
2,538
2,332 •2,198
Boston
1,87G
1,777
1,650
1,539
Philadelphia 3,788
3,344
3,073
2,939
St. Louis
931
881
812
1,067
Pittsburgh,
1,148
1,076
1,168
lt219
Kansas
month
13.7%.
Philadelphia
Jan. 1 to Mar. 31
_
Fran-
15,246,178,698
14
Richmond
7th
27,643,038
$
.
San
12,674,286,022
aggregate $57,592,838,206.
Cleveland
6th
17,100,772
1947
"■
Baltimore
+ 20.8
clearings, having been $62,919,078,-
New York
leading cities for the
Month of March
New York
182,514,629
545,681,365
14 cities
5th
March in each of the last four years is shown below.'
omitted)
that
of March—
4th
.'1944
27,492,243
Reserve
3d
17,811,394
23..556.803
•5
220,498,484
612,128,699
of the clearings for
a summary
For
Boston
2d
No. Shares
February
-t
238,493,339
328,638,909
...
The volume of transactions in share
properties on the
New York Stock Exchange for the three months of 1944
to 1947 is indicated in the following:
(000,000
266,050,474
418,101,404
Federal Reserve Districts
1st
3
BANK
5.3
?*
Month
bonds
1st
today
March.
and the 1946
delphia
U. S. government
j
+
399,416,579
24,706,700
Foreign govern't
557,284,352
5.9
Reserve District the totals show a
gain of 2.7%,
in the Boston Reserve District of
6.2% and in the Phila¬
ft
Railroad & misc.
;
of
376,437,861
5,304,461,649
713,058,458
0.5
+
•
6,697,862,950
9.7
York
Bonds—
.J;V
429,506,218
—30.0V
6.5
it
the 1947 aggregate of
-Three Months-
1947
1944
$
8.6
+
+
tt
6
_
increase for the entire body of
-Month of March-
.
1945 H
or
Dec. %
+
tf
10-
and
1946 follow:
Description—
Block, number of
Inc.
$
+
City
month
1946
627,244,085
ft
7
—
We also furnish
The
1947
CLEARINGS
340,402,242
493,166,765
740,517,041
354,499,878
ft
112 cities
Y.
BANK
+
ft
Francisco
N.
OF
818,041,228
<1
6
Total
6.0
—
Exchange is appended.
the
of
474,708,221
10,102,270,996
_10
Minneapolis
12th San
6.9
+
$11,340,992,609 $12,058,708,847
and
an
5,848,814,491
i
10th Kansas City
11th Dallas
[: Our usual monthly detailed statement of transactions
on
is
District
362,446,939
522,316,417
779,693,527
"
7.
5th Richmond
;
4.6-
+
$9,755,056,307
day
one
Total all cities for week
there
Reserve
515,495,031
7,068,097,306
822,246,298
687,794,864
tt
11
—
_
Total all cities, five days..
City Reserve
expansion of 27.2%, in the Dallas
20.8% and in the San Francisco
Reserve District of 12.2%.
District
this
$
7th Chicago
8th St. Louis
2,085,292,730
at
1947
6th Atlanta
-14.4
$8,340,586,228
Reserve
District by 5.9%. In the Chicago Reserve Dis-*
irict the totals show an improvement of
5.3%, in the St.
Louis Reserve District of 12.7% and in the
Minneapolis
Reserve District of 11.6%.
In the Kansas
by Federal Reserve Districts.
5—
Philadelphia
191,120,416
cities, five days
larger by 9.7%, in the
and in the Atlanta
Richmond Reserve District by 6.5%
We group
summary
York
New
4th Cleveland
163,320,600
134,982,646
Other cities, five days
clearings
Boston
193,171,928
154,482,863
Baltimore
city) the totals
record a loss of
30.0%, but in the Boston Reserve Dis¬
trict the totals register a gain of 8.6% and in the
Phila¬
delphia Reserve District of 0.5%*
In the Cleveland
Reserve District the totals are
Outside of this city there
the
Federal Reserve Districts
5.8
~ 203.766,957 '
s
Cleveland—
Ten
0.5
—
339,635,195
269,089,003
8.4%,
following
+ 26.2
Kansas
the cities according to the Federal Reserve
Districts in
which they are located and from this it
appears that in
the New York District
(including this
by
week.
SUMMARY
$5,462,111,875
_
next
Cent
$5,435,775,606
Chicago-—
of
having recorded
In the
Per
( Week Ended
week in 1946.
same
increase
an
center
New York
covered
of
16.9%, the aggregate of clearings for the whole country
\ having amounted to $12,674,286,022, against
$15,246,178,-
follows:
••
week
issue
our
statement, however, which
we present further below we are able
to give the final
and complete results for the week previous-^-the week
ended April 5.
For that week there was a decrease of
$11,340,992,609
week
same
in
appear
today, in as much as the week
ends Saturday and the Saturday figures are not avail¬
able at time of going to press.
Accordingly, in the above
the last day of the week in all cases has to be estimated.
In the elaborate detailed
Saturday,
corresponding week last
against $12,058,708,847 for the
foregoing will
47
CLEARINGS
We cannot furnish them
April 12, clearings from all cities of the United States
be
B AN K
Complete and exact details for the
the
Preliminary figures compiled by us,'
telegraphic advices from the chief cities of
year
O F
(2039)
+25.8
+
6.2
321,814,500
=
15,478,688<
6,539,515,908
+
V
12,485,430
6.120,678,349
.
,
+24.0
+
18.890,769
7.751,661
5.257,115
"*+*14.1
17*805,900
IMSTTOO
8.3
808,460
809,848
5.8
+ 15.2
276,798,200
5.4
4.0
—
—
6.8
■:
1,163,376
R1 R
AOS
nn
1,268,465
AflA
I7AO
001
—
48
THE COMMERCIAL &
(2040)
Inc. or
1947
1946
Inc. or
1947
1946
$
Dec. %
$
$
Dec. %
$
$
j*'
Rlmira
17.8
21,229,888
17,770,313
2.2
90,267,518,272
91,257,802,060
+
11.8
217,943,773
192,812,236
+
10.1
135,956,975
26,461,741
112,758,218
+ 20.6
11,67G,675
128,887,492
114,569,225
+
12.5
lL43l"j62
+
4.2
eia 800
35,978.806
2,494,067
140,889,591
187,921,436
5,445,765
43,159,147
2,887,550
162,338,828
Northern" if ~J
215,352,461
SSngS-i-iiiii:::
District—Philadelphia—
—
4 657 753
—
0.5
890,036
074,038
3,293,167
+
19,884,722
17,360,772
+ 14.5
57,704,974
47.674,542
+ 21.0
10,857,485
+ 26.1
38,067.897
30,994,194
3,329,701
2,981,957
3,047,368
+ 20.9
10,324,368
9,099,282
+ 13.5
3,877,384
+ 45.8
14,688,828
10,924.102
+ 34.5
3,344,000,000
10,256,921
+ 13.3
10,823,000,000
9,436,000,000
+ 14.7
791,000,000
790,000,000
+
0.1
+ 17.6
34,657,067
29,327,366
+ 18.2
2,009,750
2,145,374
+
47,942,171
+
15.8
4,166,91f
3,771,527
+
24,474,039
+
14.9
2,040,099
2,120,067
—
3,422,293
2,250,643
'
—
3.685.196
,<
,5.654,783
—3,788,000,000
„
,
-Lorain
Mansfield
Youngstown"!—I
'Newark
-
-
Pa.—BeaverCounty
-
Pittsburgh
-
Erie
Oil City
-
Ky.—Lexington
W. Va.—Wheeling
(17 cities)
Federal
""
10,346,306
42,145,000
488,392,515
13,703,384
29,186,998
Va—Norfolk
"I
C—Charleston
-f ; Columbia—
1,953,235
3,197,642
1,195.323
+
52.1
2,144,lol
1.499,730
1,474,799
50.047,020
26,359,471
+ 89.9
3.8
3,755,555
3,272,268
+ 14.8
13,993,609
13,943,666
+
+ 24.3
94,250,448
81,050,995
+ 16.3
7,097,146
6,769.893
+
4.8
5,554,254
+ 15.8
74,208,330
66,636,000
+ 11.4
5.627,928
4,843,184
+ 16.2
5,605,800
4,780,600
+13.7
11,337,512,708
9,857,073,269
+ 15.0
822,246,298
818,041,228
+
0.5
713,053,458
557,284,352
+32.0
76,207,170
2,053,669,536
3,422,490,155
+31.9
+21.9
+22.4
+22.3
+42.4
+42.7
5,545,948
4,389,281
125,266,715
+ 26.4
4,321,705
3,709,641
149,689,688
+ 19.5
115,150,308
104,507,818
264,630,273
214,238,436
+ 23.5
209,313,163
24,126,000
19.,565,400
+ 23.3
33,852,200
186.061,758
15,341,100
+25.6
+
0.4
14,016,283
+23.5
+23.8
+21.6
+60.5
+21.9
+22.0
49,682,106
57,755,431
1,684,080,667
2,795,646,249
258,217,800
12,969,536
7,239,775
38,624,030
19,547,203
+26.0
71,843,908
57,184,727
12,949,242
51,060,689
1,612,284
1,178,784
1,076,841,382
+37.0
+25.1
+36.3
+ 8.7
+ 6.7
14,545,070
+26.3
15,642,625
12,935,079
12,941,832
+19.4
+ 9.0
+19.4
47,675,068
177,756,215
®'334,107
4,002,097
3,263,297,821
51,113,239
54,084,336
70,179,863
45,239,285
35,696,722
138,567,591
4,819,880
3,557,265
3,051,965,106
41,905,136
45,730,087
58,352,377
39,056,528
+35.6
+28.3
+31.4
+12.5
+ 6.9
+22.0
+18.3
+20.3
+15.8
2,989,931,574
+17.4
9,738,293,077
8,331,368,907
+16.9
8,423,777
+22.8
+23.9
+20.2
+10.7
+12.8
29,166,108
.119,170,000
1,417,849,942
40,668,432
78,966,952
24,533,406
97,102,000
1,178,259,773
35,474,967
65,458,326
+18.9
+22.7
+20.3
+14.6
+20.6
19,899,454
579,562,149
964,210,022
93,967,700
5,094,823
2,926,953
315,919,100
18,468,596
10,330,475-
4,013,956
3,272,179
+
22.7
2,860,808
2,367,660
6,015,507
4,923,681
+ 22.2
4,122,241
3.451,144
233,773,492
255,588,393
8.5
264,734,286
227,136,155
637,794,864
627,244,085
636,354,716
:42,575,276
+28.6
—
+
<
*
34,009,000
406,191,509
12,382,139
25,865,891
770,013,720
2,537,139
1,220,691
+21.2
+30.5
+18.6
— 4.8
2,093,714
10,218,000
106,813,429
2,889,950
7,829,000
90,049,310
3,035,927
i
6,444.000
68,305,354
3,014,361
7,114,000
64,025,466
2,102,914
125,737,269
1,526,457
9.1
+42.9
+ 7.9
2,414,579,544
11,170,528
788,668,802
2,217,447,069
8,928,322
719,468,683
+ 8.9
171,963,642
178,841,496
3.8
168,897,312
+25.1
+ 9.6
68,024,779
58,552,795
+16.2
46,578,097
38,923,464
1,695,261,666
(8 Cities)
1,507,212,493
+12.5
4,900,240,308
4,346,672,546
+12.7
362,446,939
340,402,242
+ 6.5
294,765,581
239,123,304
+
3,136,163
—
Reserve District—Atlanta—
Federal
12,678,810
+ 11.9
52,763,321
50,339,030
+
2,218,200,000
+ 19.4
198,300,000
174,800.000
39,799,707
+ 24.5
3,941,539
34,902,095
37,480.483
29,423,656
+ 27.4
2,8*11*206
1,022,542,062
74,218,427
892,512,549
+ 14.6
68,380,944
69,432,364
56,702,430
+ 30.9
1,072,146,338
77,436,358
851,367,930
+ 25.9
77,960^820
+ 25.5
61,644,294
+ 25.6
6,031,156
40.7
40,829,510
30,138,821
+ 35.5
+ 11.2
48,799,000
43,292,000
+ 12.7
+ 31.6
75,324,470
+ 30.3
13,312,274
+ 26.1
1.5
98,156,834
16,785,326
4,558,000
4,136,944
+ 10.2
~~3~63~,908
363,004
+ 14.6
1,438,392,092
1,276,070,533
+ 12.7
97,579,291
103,144,658
2,292,888,082
+ 17.1
7,632,760,577
6,423,835,334
+ 18.8
522,316,417
I
493,166,765
5,229,041
1,244,544,633
5.2
16,797,726
1,441,053
J
1,244,915
4,158,147,901
43,184,924
111,685,145
12,524,107
3,540,833,817
+ 34.1
+ 17.3
+ 17.4
63,249,078
+ 15.2
207,359,390
174,606,327
+ 18.8
14,184,232
+14;7
749.984,642
622,401,304
+ 20,5
15,682,884
227,235,733
787,900,000
13,973,584
11,558,085
+ 35.7
2,649,600,000
49,562,805
44,909,310
12,511,403
9,981,646
+ 25.3
359,763,613
323,757,813
+ 11.1
23,970,740
387,244,444
19,893,348
+ 20.5
308,996,445
+ 25.3
26,984,459
21,423,705
14,151,791
5,79.1,382
10,061,094
15,089,000
25,589,724
4,798,879
+
"Vicksburg
—_
1,309,897
La,—New Ofleans——513,629,576
1,329,316
448,050,632
-
Ga.—Atlanta-
923,000,000
-
& Augusta--
17,863,683
——
—
Columbus—
-
-
Fla.—Jacksonville
.—
Ala.—Birmingham
—
Mobile——
Montgomery——
__
Miss.—Hattiesburg—
,
16,773,000
33,677,918
——
Jackson
*
L
Meridian——
+
.i
x
2,685,847,539
(16 cities)
10,799,403
+ 28.7
72,860,135
260,722,614
.
Nashville
Total
3.5
247,190,294
c.—Washington
Tenn.—Knoxville
V.:-,
3,193,022
266,648,663
Frederick
Xv
11.0
+ 15.2
840,356,674
4,482,126
Md—Baltimore
Macon—
686,000,000
2,413,466
541,000,000
21.6
+ 119.9
District—Richmond—
Va —Huntington
Richmond
L910.844
3,489,615,195
3,404,023,165
—.
Reserve
2l976l755
4,471,851
114,258,700
8,177,367
3,566,780
17,106,853
24,625,042
17,745,135
63,880,302
2,197,759
1,280,719
1,148,966,179
18,365,421
18,676,601
14,103,126
15,451,343
-
Greensburg
+11.7**.
+ 17.9
26,260,530
715,486,706
1,193,874,602
—
IIII—-—
Toledo
644,993
District—Cleveland-
-
Hamilton""-
1,047,970
1,030,819
28,642,483
20,531,000
3,969,077,834
Federal Reserve
533.421
1,524,995
3.0
8,463,666
8,528,834
1,173,586
35,595,834
23,769,129
—
+ 22.8
661,581
—28.2
55,529,793
28,119,194
J'He'oo?
;
:
5.4
+
17,806,908
18,754,330
1,217,996
(16 cities)—
Tampa
9.4
+
1.231,319
Cleveland
v;
5,304,461,649
1,037,228
Cincinnati
;
.
383,364
Ohio—Canton
:
6,697,862,950
6,
+ 18.7
16,263,196
93,726,707,836
1,058,055
J.—Trenton—
Sixth
21,791,981
35,235,543
+ 38.4
; Hazleton—-—
Del—Wilmington
f
10,102,270,996
329,994
31,545,252
40,366,223
+
—
+ 41.7
Bols—
Total
7,068,097,306
523 048
5.8
2.3
—30.0
40,440,665
+ 19.1
Wilkes-Barre
:
—29.4
31,995,175
39,530,639
19,297,408
6,307,821
9,~727",546
9,519,061
York
x>.
33,865,520
+ 12.1
93,227,242,612
6,238,555
iliaoj 33
9,470,469
18,769,213
9-080 961
1
+ 18.9
561,252,998
2.7
1,516,561
0.6
+
10,385,643
Scranton
6
7,678,239
409,983,283
+ 15.1
12,819,899
+ 41.7
726,719
512,864
7,998,594
487,283,644
629,258,594
+
5,144,805,513
14,033,977
+ 22.5
21,609,680
+ 15.8
+ 14.6
6, 464,792,439
+17.8
-
13,171.404
}2,057,26o
Fifth
15.580,253
11,276,261
Philadelphia
W
+ 20.0
9,850.621,951
18,361,324
—30.7
1,458.143
6,825,471,531
1,619,004
55,200,000
953,643
14,717,960
Reading—
Total
1,749,162
1.1
+ 13.0
1,463,834
3.6
Norristown
;;
+ 19.5
—
14,154,139
1,173,364
1,233,081
+ 32.6
Lbanon.:;...
*
$
69,113,039
59,190.000
+ 28.2
-
Columbus
1944
$
+ 33.2
i-I;—4)360,979
'•
1945
8.9
+
+
HaSsbure
•
■■&.■
3.783,313
3,657,753
Bethlehem—.
■
■
1,011,139
1,343,365
3.520,437
Fa.—Altoona—
Fourth
56,586,635
61.649.481
+ 15.2
31,834,838,935
32,701,686,274
Federal Reserve
-
+12.3
11,360,978
"
April 5
or
—26.8
8,241,052
+ 38.5
+ 20.0
2
Total (14 Cities)
V
2,236.284
2,511,583
+
J —Montclair
Total
9.5
+
+
Newark
N.
+ 23.8
63.292,930
39,570,955
6,942,785
A?'iia?S?
Conn.—Stamford——
DU
+ 23,5
14,684,460
31,001,466,022
Utlca.—
i
781,714,711
18,173,161
6,107,513
Syracuse——
.
28,995,966
965.043,170
21.1
31,698,566,176
70.774 598
^hSerlll—IIII
fhpsfccr
I 31,746,844
+ 26.0
82,012,402
-ifrif i
+
6,693,880
Third
+ 10.9
65,532,434
*60,990,000
5,044,790
5,910,803
——
II———I"
Ne wYork
ir
270,443,056
9,423,124
264,925,427
333,811,456
Buffalo—
:
+ 43.2
188,814,251
40.1
+
«8'«ii456
Binghamton—
N
Inc.
Dec. %
\
?Hii
Y.—Albany—
N.
Week Ended
1946
District—New York—
Federal Reserve
Second
Monday, April 14, 1947
Jan. 1 to March 31-
-Month of March—-
*
Clearings at—
FINANCIAL CHRONICLE
+
17.1
+ 27.8
+ 20.7
—
14,414,029
4.8
42,424,828
31,424,825
+ 13.4
151,100,000
131,600,000
3,124,138
+ 26.2
2,762,573
2,456,338
2,1704,101
*+12.3
1,9207578
1,932,865
1.5
59,298,600
43,248,101
71,5917254
"+"¥.9
4979667117
43.7437353
5,189,406
+ 16.2
5,122,523
—
4,888,620
■
,
|
.
.
,
'
m.
~
5.4
"2597731
"2877863
"+" 0*2
88,471,064
67,462,588,
5.9
415,768,575
337,816,325
+15.8
1,055,298
871,595
5,866,504
5,664,312
574~5T,456
47047,151
—-
+
-
Seventh Federal Reserve District-^-Chicago—
•
Mich.—Ann Arbor-
5,499,170
-
Detroit
^^liUt—
1,460,438,822
-.
+ 22.2
14,544,502
-
—
4,747,736
+ 30.1
21,082,299
-
31,152,772
6,175,017
-
Jackson—-—
i
Lansing-w—_——_-—_.
11,902,828
39,412,596
.MaaW—i
«. —
Grand Rapids
;.
+
17,775,303
+ 18.6
+ 30.1
33,201,075
89,625,245
+ 23.1
27,587,489
23,318,321
+ 18.3
14,122,060
7,012,683
5~270,278
37535,146
j
+ 23.0
56,661,916
9^010,1.6 3
+ 24.6.
14,597,797
16,773,219
+ 26.5
-v:
*
+ 18.8
17,949,770
69,730,492
-
.
+28.5
I
~+49.I
'
Muskegoi)—
;
.
Indianapolis
Terre
——;
Haute
19,963,395{
——-
Wis.—Madison
,
Watertown
;
.—
Rapids
"
Ames__
HI.—Aurora
+ 19.3
+ 23.6
+ 22.1
20,339,083
17,984,420
+ 13.1
40.7
3,916,352
9,448,156
3,108,370
7,188,185
35,698,180
+ 31.4
17506.203
264,374,427
+ 31.8
31,119,992
23,592,553
122,476,600
4,131,832
12.734,466
9,721,498
13,254,352
+ 30.5
+ 35.0
46,917,044
348,374,090
42,960,756
+ 48.9
169,474,688
1,475,828
+ 38.7
5,249,298
14,428,693
+18.7
.
3,698,832
+ 27.8
8,632,804,473
+ 35.9
r
,,.
3,731,988
4,035,717
V.
10,195,707 1
v
.
7,450,163
"*+~18.7.
427324,330
i
3279T5",795
3O73SF,210
******
mmmm-mrn
' -v:
^
"+¥¥.2"
J
27506,993
i7l8~6l76i
+ 31.9
16,166,729
15,382,470
+ 31.2
27779,243
'
7,401, J 79
8,288,421
10 0
989,714
899,645
763,336
547,641
+ 16.1
588,904,779
2,599,901
580,593,654
+
1.4
565,049,136
2,115,123
+
22.9
2,140,131
+
.
7.8G2.292
8,011,617
2.6
7,929,711
4.267,102
3,538.799
+ 20.6
2,804,039
2,725,889
2,570,656
+
6.0
2,385,067
412,813,338
1,858,927?
4,359,364
1,988,224
1,814,689
+ 18.3
779,693,527
740,517,041
+
5.3
702,666,468
530,461,791
+ 21.2
234,300,000
+ 11.8
172,GOO,COO
+ 38.1
96,294,341
+ 30.4
14,007,011
10,342,656
+ 68.2
57,644,055
39,099,358
+ 47.4
+ 68.5
42,594,110
29,808,466
+ 42.9
1,333,245
+ 11.1
4,466,386
3,596,711
+ 24.2
5,523,268,655
4,594,106,556
+ 20.2
15,722,118,868
12,294,588,812
+ 14.5
3,098,485,313
27,657,343
4,117,330
1,399,544,984
1,088,631,130
2,555,469,103
22,386,046
+ 23.5
3,303,596
+ 24.6
1,133,375,873
787,836,872
+ 23.5
x
9,014,078
31,254,143
23,554,319
Springfield—
17,426,019
'
Sterling
(31 cities)
MTMoa
+ 28.2
36,204,175
125,541,608
12,254,711
,,
I
.
+ 25.5
1,481,072
r
50l22_8,186 '•
•="
•7
+ 31.4
11,498,007
10,741,135
7,432,880,528
13,771,984
+ 19.0
43,170,874
,
1.3
27857)949
37305~, 2 95
37705~5",000
+ 28.2
+
4,142,698
7.
+ 26.0
+ 18.3
x
+ 29.2
—
.<•
+ 24.9
8,689,035
2,53 8,523,023
Peoria
Rockford
Total
39,767,332
568,777,356
4,726,722
g
11,307,840
.
~+~25.3
~+~13.7
3,579,041
:
10,736,670
-v..
95,154,633
-
y
337992,000
;
49,670,399
2,591,639
63,953,400
2,047,253
37698,298
'
4,623,269
.11,155,941
3,021,383,692
Decatur
.
+ 34.5
+ 11.7
;
678,317,686
;
4,917,894
Bloomington
Chicago—-
46,729,710
140,955,422
1
•
381661,000
+ 26.3
,+27.4
'
v+ 26.9
17,291,290
128,500,531
Moines
Sioux City
■
+ 27.3
,
•
+ 33.3
597,293,541
62,837,163
3j3
7,094,418
1,529,667
;
,
+ 36.4
83,393,021
157,408,092,
+ 27.8
+
•
4~633,299
45,225,907
469,035,326
61,685,010
+ 36.0
+ 22.3
3,066,207
8heboygan__
Manitowoc
.
.4—
111,139,446
+ 39.0.
■»».
195,991,339
,•'2,930,215
6,808,081
; 1,087,412
3,701,186
'
•
+ 17.6
165,599,434
15,616,707
51,710,030: ;.
14,516,767
'
248,725,465
_
'.
Iowa—Cedar
r
18,492,031
•
Oshkosh
Des
53,400,705 :
--.
2-
Milwaukee
14,822,299
29,964,168
•
40,737,851
202.503,982
__
South; Bend—.
+ 22.1
v
4,913,476
.20,597,011
*'
—-
•
8,041,421
•
5,776,649
■
-
-V
9,819,905
,i-
—
Bay Cityu
Ind.—Ft. Wayne-
-
+ 28.2
28,250,805
I
—
i;";:7l."If;";-/'
:
Louis—
Mo.—St.
Cane
Louis
Girardeau
v.
Independence
Ky.—Louisville
Til!
Tenn.—Memphis
II——""
111.—Jacksonville
Quincy
931,805,538
1,067,362,029
7,748,169
1,313,395
V
471,233,188
+ 22.8
"1,190,936
9,514,006
+ 10.3
+ 21.5
387,771,796
'
368,764,149
1,282,459
---III—III—
7,478,031
278,412,437
1,099,708
.
5",367,566
■
.
+ 38.2
+
32.5
+
16.6
3,752,579
2,837,580
21,713,259
15,281,518
+ 42.1
•
5
r-'
'
Y-
.
;
152,600,009
•-
93,165,993
81,093,468
+
14.9
69,091,237
62,534.398
70,434,920
62,579,957
+ 12.6
46,743,840
32,719,833
1,515,665
1,326,453
+ 14.3
1,591,258
354,499,873
+ 12.7
290,026,335
+ 32.3
+ 39.3
209,500,000
y,v
■
1,151,0C9
'
Total
(7 cities)
.
>
1,926,947,257 <
1,613,396,150
+ 19.4
;
5,643,901,938
I '(■
4,520,490,588
-
+24.9
339,410,579,
r
-249,005,281
(Volume 165
V Number 4585
f
■-
'
•,
Clearings at—
'
.
':
■
•
•'
*•••.'"
'
,
•:»
•
•/
Month of March
—
1947
-
Federal
(2041)
-Jan. 1 to Mar. 31-
$
Inc. or
■
1947
Dec. 7o
Week Ended April 5
1946
Inc.
*
,V:
1947
or
Dec, 7o
I
1946
Inc. or
1945
1944
Dec. 7o
24,260,606
19,828,411
+ 22.4
68,191,206
57,709,772
+ 18.2
762,687,290
5,052,691
+ 33.2
2,807,846,707
2,420,219,954
+ 16.0
4,021,830
3,592,198
+ 12.0
184,074,346
12,167,291
10,073,251
$
+ 20.8
330,535,401
257,923,134
+ 28.2
942,958,785
711,396,607
+ 32.6
-
wir,™
sin?
Falls
J-
Minot
S?o^f FA1!?,!6611
10,829,789
8,285,346
2,570,088
2,018,762
73,487,068
54,101,781
10,298,000
8,627,000
10,787,556
7,778,282
+ 49.4
+ 48.5
39,685,244
26,558,794
+ 32.7
72,545,320
53,536,983
+ 32.5
8,047,312
6,089,813
537140,405
38,925,062
18.4
37oi8,346
764,965
aJr+29^0
jrnm
;
9,825,959
+ 17.8
34,889,630
27,536,526
6,703,275
27,153,592
iwm
4*438,043
~+
37748,170
y.
rtirrWifaWwrt*rm
.
■
■
+ 32.1
.
9,031,793
Aewistown
3,791,357
109,074,631■/
+ 35.5
2,000,922
11,578,842
GreltFafs88
HriSL
Xewl?tnwn
9,523,136
33,913,535
orir
17,775,447
2,651,936
wnrnr,
"+"~3_.l
3,277,119
145,850,240
+ 30.2
:,)+iv
24,591,311
•
56*677*133
+ 19.4
+ 41.6
+ 13.4
58*4*51,566
+ 35.8
+ 18.0
2,801,346
+ 16.9
162,368,347
'
+ 27.3
+ 29.9
4,322,255
/<
+ 30 7
+ 15.3
3,159,000
14,137,938
+ 30.1
729,394
;;
841,326
Forks
2,851,154
18,308,989
3,710,668
23,773,517
3,728,000
3,966,880
—
•
;'vv
llj
1,016,175,819
Minneapolis
Rochester
fSrnu
Fergus
49
Reserve District—Minneapolis—
WCi,1i?"~Dulwth-T-
«jn^
1946
$
Ninth
THE COMMERCIAL & FINANCIAL CHRONICLE
■
2^664,208
29,243,507
22,763,068
27471,703
"+*17.6
l7708,065
1+63,507
r+~23~ 7
37790,143
4*139,878
266,050,474
238,493,339
+ 11.6
212,365,389
159,537,734
-294,386
+ 28.5
99,814,457
77,290,408
b+29.1
725,717
+ 41.7
3,022,684
2,123,976
+ 42.3
1,145,588,964
+ 31.6
4,226,384,644
3,496,110,323
#7*8,393
1
67832,064
2*914,243
+ 26.7
+ 34.7
+ 24.9
27065,657
•
+ 20.9
1,028,193
.
8355,377
-
1
(
Total (16 Cities)
■ffenth
1,507,947,595
Federal Reserve District—Kansas
City
Neb.—Fremont
1,615,680
1,112,126
29,102,876
23,218,186
Hastings
Lincoln
+ 45.3
'
H ft,"
+ 15.2
1,126,713,671
4,720,181
+ 25.3
110,824,882
'+39.6
3,167,972
+'18.5
6,036,604
8,876,272
::■»
6,590,863
3,753,165
+49.3
258,039
196,445
435,619
+31.9
482,154
4,923,809 V*-
335,805
\''i»
n
il
4,570,282
l;'+'36.0 vV
'4,201,193
89,183,311
+24.3
70,548,592
4,691,'376
6,954,200
+ 28.7
2,869,210
2,781,952
27.6
7,074,472
11,299.734
75,862.324
+ 17.7
79,868,100
49,684,706
+ 60.8
35,063,850
+ 21.6
133,042,972
106,404,950
+ 25.0
5,430,041
16,327,754
+ 13.9
1,237,368,352
1,026,908,627
+ 20.5
3,612,095,826
2 7 M 21,450
2127695,786
"+27.1
197~2~9~0~,918
168,141.777
30,671,200
+ 43.1
10,444,673
6,527,846
+ 60.0
6,476 241
6,532,423
1,117,518
+ 25.1
136,823,440
4,769,902
+ 40.9
1,397,539
2,936,306,333
97,127,592
+ 23.0
43,889,096
City.
4,059,041
+ 17.5
81,445,255
+ 10.5
250,825,229
206,213,407
+ 21.6
;
23,736,084
go qci
'
c07
if52950
Cola-Colorado Springs
5.7
+
18,599,687,.
6,733,637
+ 12.2
21,724,421
20,844,586
1,493,057
1,534,695
346,830,573
5,898,339
+ 15.8
1,156,672,953
966,595,833
+ 19.7
4.2
18,929,233
17,020,855
+ 11.2
2488,991
1*346,346
2,410,176,775
1,987,714,531
+ 21.3
6,942,742,069
5,622,696,327
+ 23.5
418,101,404
328,338,909
6,749,495
7,050,542
401513 087
,
Total (15 cities)
+
•*
"eln""
Denver—
pueblo.
+
+
4.2
1,179,453
956,641
27.2
291,290,378
271,480,642
4.3
+
3,302,776
3,154,195
Eleventh Federal Reserve District—Dallas—
Fexas—Austin
SiiJoT
g
Ft.
i
07 80? 6Q7
23,744,873
828,073,840
+ 17.1
78,404,963
66,084,993
+ 18.6
9,563,366
691,039,768
~
Beaumont
.
6,740,031
20,165,960
n»Vtw?
Carthage
.
1,411,792,371
439,467
+ 28.4
635,977
+ 27.8
982,890
+ 44.3
5,741,555
•
p>
Okla.—Tulsa
3k
28.9
1,848,786
3,509,558
63,999,888
42,630,891
Wichita
icia
Kansas
82,190,714
+
400,287,543
——B
sagg*
2*5*3
1
5,063,193
+
38,167,584
27,180,985
2,424,129,481
'
+ 38.7
2,010,537,467
+ 20.6
180^397,000
1407592,0*00
+ 23.1
'11877*5*7*, 000
10l788~5~,000
60,994,990
+ 29.3
226,895,468
180,452,438
+ 25.7
93,652,098
73,189,264
+ 28.0
269,958,476
+ 26.1
20^510,144
1676*4*0*,066
"+*2*3.3
1476*7*7*,240
#12#88/)U
20,716,000
20,197,000
582,108,626
+ 12.4
4,185,000
4,185,000
3,080.000
3,570,000
78,846,347
WnrKh
Woith
Smistnn11
694,996,260
Port Arthur
1* 911
_
311*7
2.6
58,964,000
214,096,455
52,455,000
+ 19.4
1,985,593,390
1,652,164,817
+ 20.2
+ 13.4
14,985,835
12,879,744
+ 16.4
+
4,597,518
1,539,938
173*5*9*318
9,881,917
+ 18.2
+ 22.0
97,174,557
83,814,128
+ 15.9
6*056,845
57894,897
57517*985
473*4*8*,746
1,810,756,877
1,507,435,333
+ 20.1
5,232,750,516
4,337,615,704
+20.6
220,498,484
182,514,629
+ 20.8
146,874,939
126,905,270
4,866,297
380,247,329
+ 10.5
15,205,783
13,284,778
+ 14.5
+ 14.3
1,262,789,123
82,053,053
3,680,661
83,714,363
47,936,467
93,516,098
3,273,215
98,385,857
+ 18.9
—11.1
2,294,573
2,085,271
12,864,010
+ 27.7
47,224,185
+ 69.3
22,116,000
1,110,742,945
42,473,216
36,990,422
14,294,000
14.0
14,488,502
339,329,368
♦/
(11
2,152,124
11,677,688
28,925,022
5,215,000
Total
*2,600,000
»|iuP42
+ 24.4
1,212,541,701
9,541,951
3,532,955
~
Ca.--8hreveport
cities)
Twelfth Federal Reserve
—
6.0
26,799,074
+ 11.6
-
■
228,067,760
—
4.5
District—San Francisco—
WflS;77?ellingham
5,379,047
^^=====^
+ 13.7
+ 12.9
+ 54.7
'
CBerk^SykerSfield
Modesfo
+
27,350,605
25,510,920
+
M'SwiSSi
434,954,080
+
27.3
46,507,686
+ 33.0
553,721,903
177,311,723
135,011,333
+ 88.9
77,175,745
38,002,356
+ 27.3
69,046,711
49,000,088
sJ
Sai? JhS?
38,006,809
5.1
116,066,863
110,722,232
+ 31.2
45,527,943
96,893,615
27,989,804
34,744,899
85,292,511
25,535,030
+
4,280,274,705
8.136,841
7,992,090
+
1.8
14,938.742
6,915,612
+
9.2
6,569,034
3,956403
353,651,994
9,381,463
3,404,207
6,969,167
+ 1J.1
+ 14.1
+ 13.2
+
4.8
322,640,312
+
9.6
267,449,000
250,701,000
+
5,370.970
9.6
+
7.2
4,753,557,359
129,134,322
105,765,546
+ 22.1
12,799,543
+ 13.6
45,527,080
37,942,517
+ 20.0
27,821,922
+ 14.4
93,213,069
79,332,366
+
3,062,612,553
2,630,189,587
62,919,078,631
57,592,838,206
+
31,220,512,455
Outside New York
+ +
7,543,647
+ 13.6
38,509,518
cities)
10,256,613
£l
+ 31.0
+ 10.8
8,425,038
1,468,615.155
sutiS
(184
+
12,001,402
9,613,197
(19 cities)
2470*2*7,804
.
'
28,820,912
sa««Tarb;+:::;:::::Total
65,423,053
2473*0(7,256
+ 40.9
1,661,898,468
Stockton
71/152,096
"+"2~9*.4
-103.1
17,449,538
+ 15.1
31/334+66
+ 31.3
12,818,465
74,099,844
407942,742
7.2
+ 26.1
39,942,736
15,740,002
31,935,745
Pasadena"
Riverside*
85,304.320
24.1
977,456,402
+ 22.2
153,690,502
24,'217/708
22,215,550
AiS-PhoenS^::::™:"::^13
+
+ 27.7
7,712,591
*j*rand Total
0^-
+ 40.4
+ 19.8
26,591,372,184
17.5
20.4
6,120,054
2,916,790
+ 1G.7
2,258,032
1,904-793
5,956,691
+ 17.0
5,124,633
4,157,371
7,792,146
8,820,330,001
179,963,793,226
167,715,169,341
+ 17.4
89,696,274,954
76,457,367,281
612,128,699
15,246,178,698
5,848,814,491
+
545,681,365
12,674,286,022
5,395,556,747
7,637,330,346
9.2
7.3
+17.3
+ 16.4
+
+ 15.5
+
12.2
+
4
451,509,585
#11,329,848,284* $
9,146,599,570
4,865,055,845#
4,001,794,057
499,308,277
—16.9
8.4
"Estimated.
Redemption Galls and Sinking Fund
Foreign Exchange Rates
Pursuant to the requirements of Section 522 of
the Tariff Act of 1930, the Federal Reserve Bank is
now
tifying daily to the Secretary of the Treasury the
buying rate for cable transfers in the different countries
svorld.
We give below
FOREIGN
a
EXCHANGE
record for the week
RATES
CERTIFIED
BY
APRIL
1947
TO
Country and Monetary Unit
APRIL
$
Official
/
10,
BANK
1947,
.022826
in
United
UNDER
TARIFF
ACT
ing tenders, and the page number gives the location in
which the details were given in the "Chrpnicle."
Ambassador Hotel
$
.297733*
.297733*
.297733*
.251247*
DeBardeleben
.297733*
.251247*
.251247*
3.209120
3.209120
.022825
.022818
.054404
.054404
1.000000
1.000000
Coal
Official
.*
1.000000
Free
;
l.OCOOOO
.923437
Czechoslovakia, koruna
Benmark, krone
Rngland, pound sterling
■..<
.929453
.931796
.933125
.569800*
.569800*
'
IMexiqo
.020060
.208658
.208658
4.027421
4.027500
4.027421
.008407
.008407
.008407
.008407
.008407
Closed
.301554
.301554
.301554
.301579
.205828
.205825
.205813
.377596
Free-....
l.OCOOOO
;
New Zealand, pound
v
77117"
7.77]
Norway, krone
1.000000
.929166
.930625
.930625
3.222000
3.222000
3.222000
.201612
.201612
.040346
.040356
.201612
.201612
.201612
.040330
.040346
.091324
.091324
.091324
.091324
Spain, peseta
krona...
Switzerland, franc
.278207
,278207
.278222
.233628
.233628! ~
.233628
.233628
TJnion of South
Africa, pound
4.007500
Closed
4 007500
1:
4.007500#
/
v
4.0075.00
.
.
due 1974-—-——May 15
~
T
*
m
•
.
-
1859
1584
1-729
1860
.
,
•
c
peso—
Controlled
Noncontrolled..
""
1st
Maine
and
Power
general mortgage 3'/2S, series J, due
1968—May
Chesapeake & Ohio Ry.— "'
Ref. & improv. 3V2'/« bonds, series D, due 1996
Citizens Independent Telephone Co.—
May
2
1861
1
1724
4V4S, series A, due 1931—
Jun
1
Clyde Porcelain Steel Corp.—
■5'/2 7o mortgage convertible bonds/due I960
—May 15
Connecticut Power Co.—
;v'+
1st and general mortgage 3JAs, series C. due 1975—May
1
'■Dodge Mfg. Corp., 47c debentures due 1959
May 1
Firestone Tire 8s Rubber Co., 3% debentures, due 1961-wMay
1
Halle Bros. Co., $2.40 convertible preferred stock
-Apr 15
/
1324
1861
Co.—
1863
1st mtge.
,
.
-
.658300*
_
•Nominal rate.
.658300*
.658300*
.658300*
.658300*
.562620*
.562620*
.562620*
.562620*
.562620*
i
i
rV ■:?■■■
*
1860
..
.
Uruguay,
•
>
y;■
*
mortgage
Central
.233629
4.007500
1717
1446
May 1
debentures, due 1962——Apr 15
.
.091324
.278200
.040336
Page
i
33/4S, due 1963
-—May 1
Inc., 5 7c debentures———
—Apr 15
Bell & Howell Co./4ViTo preferred stock
—Jun
1
Blacks tone Valley Gas & Electric Co.—:
1st mortgage and collateral trust 3s, due 1973-.
May 1
Boston Sand & Gravel Co.—
( v
^
'•
7% conveTtible debentures, due 1949_
May 1
Celotex Corp,,' 3 V* 7o debentures, due 1960
Apr 28
Central Indiana Gas Co., 1st mtge. 2%s, due 1971
May 1
1st
1.000000
1.000000
.926875
3.222000
.278192
■J; Portugal, escudo_;
Sweden
1.000000
.921250
3.222000
•
^
B/G Foods,
.377606
.377584
V
Date
*
1st mortgage 3%s, series A and B,
Atlanta & Charlotte Air Line Ry.—
J
Newfoundland, dollar—
£ 0 Official.
:
+
Aluminum Co, of Canada, Ltd.—
.205776
.377684
1730
15
3 Vis, Series A, due 1967—
American Tobacco Co,," Z7c
.301579
.235837
.377618
peso
Netherlands, guilder
1st mortgage
.208658
4.027421
1864
1588
~
5% 7c & 6 % bds.. due 1990-Apr
Alabama Great Southern RR.—
.020060
.020060
.208638
4.C27421
•
/:
.020060
.208658
'/Prance (Metropolitan) franc
Undla (British), rupee
Apr 15
May 15
Apr 14
Company and Issue—
.569800*
»
Corp.—
mortgage 4%
1st & ref. mtge, 4 7c, 57c,
.933203
.569800*
.020060
✓
-
Page
Date
inc. mtge. fconds.Apr 17
PARTIAL REDEMPTION
1.000000
.509800*
Colombia, peso
TENDER
income bonds, due 1957—i
Buffalo, 1st mtge, 5s
—
Marcy 1st mtge. leasehold 6s, due 1950—
Public Service Co-ordinated Transport—
1st
.022820
.054404
3.209120
Co. of Los Angeles,
Ellicott Square Co, of *
3.209120
.022826
.054404
Closed
Company and Issue—
Apr. 10
Apr. 9
.251247*
.054404
OF
NOTICES
Apr. 8
$
$
Canada, dollar—
+
bonds, notes,
and common stocks called for redemption,
those called under sinking, fund provisions.
The date indicates the redemption or last date for mak¬
1930
OF
States Money
Apr. 7
;
.251247*
3.209120
Belgian, franc
Brazil, cruzeiro
TREASURY
INCLUSIVE
Apr. 5
$
.297733*
!>• Free
-Australia, pound
I'
list of corporate
a
including
TO
Buying Rate for Cable Transfers in New York
Value
Apr. 4
peso—
Below will be found
preferred
RES ERVE
Noon
Argentina,
of the
just passed:
FEDERAL
4,
Notices
cer¬
h
3
•
1720»
1865
172BP
m
c
THE COMMERCIAL & FINANCIAL CHRONICLE
;(2042j i
Monday, April 14, 1947
1
Pacific
Western
1593
1870
Campau (A. M.) Realty Co.—
; 1st mortgage
and Leasehold 5
Valley
1585
1585
1
1
1724
1585
,
„
12548
July 1
1977
Corp.—
1
12287
-—Apr 30
;—Sep
1
mtge. 6Vis, due 1950—May 1
1868
1868
July
Gas Co.—
preferred stock
mtge. 5 % bonds
London Realty Co., Ltd.,
Power
1st
Co.—
series A,
debenture bonds,
6%
I860
12142
,
1st
Nebraska
1722
1583
May 1
A, due i960—Apr 15
R'y.—•
6'
Nevy Amsterdam Gas Co.—
1st consolidated mortgage 5s,
Sep
due 2022
12960
1
Any time
*
Apr 15
1731
Apr
Apr
Apr
Apr
15
15
15
15
1731
1731
1731
1731
Anytime
Anytime
*
*
Apr 28
due 1948
*
s'
York
New
-
& Electric Light,
Gas
1st mortgage 5'
Purchase
New
money
Electric Light & Power Co.—
mortgage 3'/2S, due 1965
York & Queens
lien &
6'
ref.
bonds,
due
series B,
1947
Orange County Telephone Co., 1st mtge. 41/2S,
Pacific
1st
due 1965_Jun
1872
1
Power &
Texas
6%
'
Light Co.—
.
V
*2400
1363
1911
1911
May 1
May 1
1955—May 15
due
3,665
1,401
—
421
+
1
+
4
1,690
+
20
+
533
+
13.
+
78
+
40
+
580
164
.
2,395
641
bills—
tin Vol. 161. 5In Vol. 162. 5In Vol. 164.
certificates of Indebtedness
4,032
•—
9,732
Federal Reserve Banks
Reserve with
—
589
vault
domestic banks
108
+
165
53
+
91
+
75
—
31
—
2,094
112
10
—
—
22
Statement of Condition of the 12 Federal
or
Deer. Since—
1946
$
fund
for
19,257,619
reserves
cash
Discounts
283.278
and
Industrial
advances
277,281
loans
1,058
—
+
+
Govt,
8,013
+
18,550
—.
27
—140,700
22,275,943
+ 337,879
Total loans
22,554,282
+
F.
from
R.
securities—..
foreign banks
notes of
Uncollected
other
98,113
2,298,464
Bank premises
Other assets
±
■
-p*.—
816
+
+
1,712
—
24,170,120
bank—reserve
acct.
S.
66,802
4,929
+ 1.506.522
+
Total deposits
Other
liabilities
(Section
•/
159,493
Name of
Aberdeen
Alaska
Packers
S.)
(A.
Co.
Fruit
Growers,
In^rance
Utilities
20*122
78,462
+ 140,485
+
893,307
58,662
+
+
1,082
—
+
65.370
1
+
1.422,514
(quar.)
Argo
140
+
Corp
+
81,468
+
27
F.
1~292
+
—
7,174
Birtman
Electric
44,564,367
+
66,802
+
1,506,522
Gas
—
0.1'
+
1.7'
Butterfly
Byers
&
Hosiery,
(A.
Cable
222
—
8,092
indus¬
——
i
5'
M.)
A
+
%
21
5,665
preference
$1.75
Inc.
Elmirar &
(quar.)
class A
(quar.)
T.)
Co.
(initial
(s-a)
quar.)
Willianisport RR.
Co.
(s-a)
Empire District Electric, 5' pfd. (quar.)
Exeter & Hampton Electric
(quar.)
Fedders-Quigan Corp.
Filene's
(Wm.)
Firemen's
(increased quar.)
Sons
Co.
Insurance
(quar.)
(Newark
N.
(s-a)__
J.)
Fitchburg Gas & Electric Light (quar.)
Fleming Hall Tobacco, 6' preferred (quar.)
Foote
Gear
Bros,
Co.
Ice
&
FrankJin
Stores
Frexman
(A.
4-15
5-2
4-21
'
Oil
(reduced
*12y2c
*$1.12%
!—
(quar.)
Utilities
Corp.,
(irreg.)
(quar.)
Common
preferred
(quar.)
Georgia RR. & Banking Co.
Inc.
(quar.)
(quar.)_.
Deckertov/n
&
(annual)
RR.
Co.__,
preferred
5'/2%
Co.,
&
Chemical
4- 4
5-16
5-16
4-11
4-21
4-21
4- 8
4-15
4-19
5-15
4- 4
4-18
4-15
4-15
4- 4
4- 5
<quar.)_
1
^Lithographing Co.—
6' convertible preferred (quar.t
Hawaiian Electric, Ltd., 4%' pfd. <quar.)_
10c
40c
62y2c
87y2c
$1.75
20c
40c
50c
$1.37y2
37y2c
4-19
4-19
5-20
4-16
4-15
5- 1
5- 1
5-15
4-30
4-30
4-15
5- 1
4-21
5-26
5- 1
6-14
15c
quar.)
(quar.)
(quar.)
Co.
4-15|
4- 4
4-24
5- 5
5- 1
5- 1
6-10
4-25
5- 1
15c
Ltd., common
4-15
4-15
4-17
4-17
Z'4-17
4- 1
4-18
4- 8
5- 5
4-20
5-29
Havana
5 '
preferred
Herbrand
Hotel
(quar.)
B
Inc.
$4
Power
Co.,
preferred
Kalamazoo
Kobacker
Royalty
Co.
pfd.
6%
Libby McNeil & Libby (increased)
Libbey-Owens-Ford Glass
guaranteed
guaranteed
guaranteed
guaranteed
capital
capital
Original capital
Original capital
Boston
(quar.)
(quar.)—
(quar.)
(quar.)
Theatre
Co.
(quar.)
pfd. (quar.)__
Lowenstein (M.)
& Sons, Inc. (quar.)
M. J. & M. & M. Consolidated
—__
Macco Corporation
(quar.)
Manle Leaf Milling Co., Ltd. (interim*
Marion
Power
Shovel, 7%
pfd. <accum.)_
McGraw Electric Co.
(quar.)
Power
Light,
&
$6
6-10
9-10
12-10
3-10-48
6-10
9-10
12-10
3-10-48
5-23
8-22
11-21
2-23
5-23
8-22
11-21
2-23
15c
!0c
$1.50
5- 1
5- 1
5- 1
37VsC
Vic
25c
*50c
$1.75
50c
5-15
6-13
5-5
4-19
4-19
4-18
j
1
4-21
_
4-18
4-18
4-18
5- 5
4-18
4-30'
5-15
4-28
4r2l
4-19
4-18
4-13
5- 1
preferred
(quar.)
(quar.)
Corp.,
common
Meyercord
—
Corp.
5- 1
4-18
$1
25c
common
6-2
40c
5- 1
5-15
4-18
5- 5
10c
Corp.,
Shoe
Inc.,
common
8-15
8~ 4
20c
5- 1
6-2
$1
(irreg.)
5-1
4-25
5-1
4_1«
Utilities
1
Missouri
3
Morrison-Knudsen
1
3-26
5'
(stock dividend)
Co. com. (initial)
62%c
convertible preferred (quar.)
$6 preferred (quar.)
4-
4
Mills (quar.)
National Rubber Machinery.—
New Bedford Gas & Edison Light <quar.)__
New Bedford Rayon, class A.
New York Air Brake Co.
(quar.)
Norma Hoffman Bearings, 6' pfd. (accum.)
Northern RR. of New Hampshire (quar.)—
Okonite
Company
(quar.)i
—
Oliver United Filters, class A (quar.)
Pacific Lighting Corp.
(quar.)
Patino Mines & Enterprise Consolidated—
5-12
4-22
4-25
4-18
5-14
4-23
6-
-
2
; 5-
9 >
5-15
4-15
25c
5-15
4-15
4-25
4-15
1
4-16
5-1
4-22
5-
40c
(quar.)
6-
-
+
25C
:
25c
25c
Ltd.
Ltd.—
4-15
4-15
4-15'
4-
4
Mount Royal Rice
Rubber Co.
Procter (Sr Gamble
Plymouth
5-1
4-10
6-15
+
4-19
5-15
Randall
5-1
4-17
Reliance
Extra
31/2'
2%'
5-22
4-15
4-10
4-
V:~.
Storage Co.—
___
4-18
4-13
5- 1
4-15
4"U
4-15
6-16
3-31
4-12
5-15
4- 4
43%C
Reynolds
Common
1
class
Mfg.
Common
(R.
J.)
(quar.
class
B
(quar.)
(Illmois), com. (quar.)
preferred (quar.)
Tobacco—
interim)
(quar. interim)
4-15
4-26
6-2
4-11
|
4-30
4-17
5- 1
5- 1
5-15
4-28
4-14
4-21
4- 7
6- 1
4-30
5-15
5-20
50c
75c
__
$1
50c
75c
*0C
25c
A
Co.
convertible
25c
$1
75c
50c
$1.50
$1.50
$1.25
(quar.)^—
—-
Co.,
4-30
6-27
*12y2c
25c
25c
Irregular
Pennsylvania Gas Co. (quar.)
Pittsburgh Coke & Chemical Co.—
$5 convertible preferred
(quar.)
Pleasant Valley Wine
4-15
200'
25C
1
■>
(s-a)__
(accum.)
1
5-
4-15
J35C
(resumed)
1
5-
4-25
5•
30c
(Initial quar.)_
_
5-15
5-15
5-1
50C
,
2
5-15
20c
(quar.)_
4-30
4-30
5-20
5-15
5- 1
20c
$1.18%
200'
45c
(quar.)
(quar.)
preferred
4%'
4-15
4-11
*50JAc
Mclntyre Porcupine Mines (quar.)
Melville
4-21
5-27
50c
50c
Extra
Louisiana
5-12
6-10
u
RR.—
Special
Special
Special
Original
Original
Loew's
4-15
50c
$1.10
$1.10
$1.10
$1.10
(quar.)
S.) Company (quar.)
Company
(quar.)
Lazarus (F. & R.) & Co
(S.
Kroger
Miami
5-20
5-9
4-25
50c
(quar.)
(quar.)
Works.
Water
Kokomo
Inc.
6-12
6-2
75c
50c
(quar.)
Stove & Furnace Co.
Stores,
5-9
5- 1
5- 1
5- 1
4-30
5- 1
93%c
dividend)—
(stock
Co.
Johnson
Ranch
75c
45c
$1
preferred
(quar.)
Intertype Corporation
&
tic
50c
(quar.)
common
4 \'z '
Johnson
100'
2c
2c
20c
20c
$1.50
50c
60c
(quar.)
common
(quar.)
Corp.,
4-15
4-15
4-15
4-15
5-6
6- 2
4-15
5-20
5- 3
5- 1
5- 1
6-16
37y2c
21'Ac
25c
12y2c
$2
(quar.)
Howey Geld Mines, Ltd. (interim)
Iiutchins Investing Corp., $7 pfd. iaccum.)_
Irtorchemical
-
3-31
4- 5
4- 5
4- 1
4-29
4-16
4-10
4-25
4-15
4-21
,4-21
6- 2
$1.12%
30c
a
Corp.
Barbizon,
4-
$1.18%
participating class A
4-21
5- 1
50c
Corp.
J.),
preferred
-.4-
* 15c
Co
Cold
4-28
Corp.—
(quar.)
(s-a)
4-18
*15c
(Holding),
4-23
25c
prefei-red
Hotels
4%%
Machine
&
(quar.)
4-15
(quar.)_
(quar.)
Company
Wireless
California
rj 15q
Diebold,
Co.,
stock
(Walter
Miles Shoes,
50c
„
46 0%
Mfg.
Debenture
Dickerson
preferred
4-18
t5c.
com.
4-18
Montana Power,
(quar.)
Light
dividend
cor¬
Dennison
5'
Company
Mid-Continent Petroleum
Midland
Utilities Co._
15C
Bunte Brothers, new common
bills
Water,
4-21
25C
Stock
Davenport
4
:
Broadway Department Stores,
Brockton
R.
5-
25c
Co.
4-30
5-15
4-15
4-15
$15-1
50c
5-20
20c
5-31
75c
5-31
$1.25
5- 1
20c
5-15
$2
5- 1
$1
4-18
25c
4-25
$1.14
5- 1
$1,25
6- 1
$2.50
4-15
20c
4-28
50c
4-23
25c
5-15
69c
4-15
15c
4-15
Corp. of America (quar.)_
Cook Paint & Varnish, common (quaf.)
$3 prior preference (quar.)
4-
Aro
Company
1
*4c
Container
$1
35c
common
1
5-
60c
$1.50
4-
(increased quar.)
Equipment Corp.Atlas Steels,
Ltd. (quar.)
Beck (A. S.) Shoe Corp.,
4%' preferred (quar.)
Belding Hemingway Co.
5-
5-15
Corp., Ltd.—
—
Co., common (quar.)_.
6'
preferred (quar.)—
Consolidated Dry Goods Go. (extra)
68%C
j
&
;
Electric
4-15
(s-a)
Extra
Best
Quarterly
15C
(increased)-
Clayton & Co.
Oil
Commonwealth International
Concord
60C
-
common
(s-a)
Anglo-Canadian Oil (annual)Anglo-Canadian Telephone class
368,032
264
—
Stove
Anderson
5-15
$4
25c
-
(quar.)'_
Ccrp.,
4-21
Insurance
Life
3-25
1
4-1 a
1
'
County
Inc.
Motor
preferred
4-25
20c
of Allegany
States
American
+
$3
(irreg.)
(quar.)
Co.
4-
1
5-
J.
12%c r
Common
Holders
Payable of Rec.
2c
(irreg.)
American
493,050
—
9,687
3 092
make
Corp.
Association
Coal
When
•
5-
5-
$1.25
(s-a)
Messenger
c
are:
Share
Company
Petroleum
+
19,668
40,185
week
Per
5"
+
42.620
liability on
for
foreign
to
—
this
announced
4-15
5-9
National
(Boston)
4%
dividends
527,917
27^455
respondents
trial loans
The
+
439 323
13b)
note liabilities combined
Commitments
—
included In
declared.
,
to deposit and
purchased
12,842
191,085
capital accounts
Contingent
1,960,306
43.863,384
—
Total liabilities & cap. accts.
Ratio
of
gold certificate re¬
serves,
—192,698
17,720,116
Capital Accounts—
Capital paid in
Surplus (Section 7)
Surplus
753,357
532,354
Deferred availability items
Other liabs., incl. accrued divs.
Total
+ 393,336
500,721
Other
are
past dividend payments in many cases are given
under the company name in our "General Corporation
and Investment News Department" in the week when
Aloe
15,189
15,933,684
'
2,
1
30c
(initial quar.)
new com.
Special
April
ord of
American
acct.
Treasurer—gen.
Foreign
U.
on
we
American
notes:
million
$44
are
American
Reserve
deposits,
show the dividends previously announced, but
which have not yet been paid. Further details and rec¬
1,009
Deposits:
Member
20,085
time
8
Liabilities—
Federal
275
5-
5-15
•
Little
452,782
+
—
+
—
we
which
28,596
—
—111,146
44,564,387
Total assets
121
grouped in two separate tables. In the
bring together all the dividends announced the
current week.
Then we follow with a second table in
37,492
—
40,358
—„
43,572
—
32 151
___•
149,552
+
185,957
102
banks—«
items
+
47
+
deposits.
first
578,978
—
Total U. S. Govt, securities—
Due
4,919
Columbian
Kresge
814
DIVIDENDS
—1,111,500
753,330
and
353
Dividends
1.883,602
+
—
351,800
-+
Bonds
.
+ 478,579
5,807.718
—w—r-——
+
12,280
—
75,665
480
—
—
——j—
1,294
22
—
32,913
—
—151,895
—
15.363,035
Certificates
8,815
-
1,158,687
securities:
Bills
"..-Notes
—
283
14,573
Acceptances purchased
U. S.
264
+
week
"■Interbank
1,144,114
14,734
+
—
—•.
to
during
$
22,747
R.
F.
759,445
Total gold ctf.
+
897
demand deposit accounts except
interbank
and U.
S.
Gov't
accounts,
time
notes
Other
1947
18,493,174
+
1,776
Foreign banks
Borrowings
Debits
Apr. 10,
$
Redemption
■*.
Apr. 2,
1947
Assets—
1,653
43
+
10,677
banks
Domestic
Apr. 9,
Gold certificates
620
38,206
—
-
deposits
Interbank demand deposits*:
dollars)
—Inc.
Demand deposits adjusted
Time
+
4-19
$2.50
Extra
U. 8. Government deposits
Reserve Banks Combined
thousands of
Liabilities-
5-20
1
12J/2C
Inc.,
Johnson
-
*
2
5-
Railway
Extra
Idaho
3,545
securities
In
4,564
—
76
+
26,985
obligations)
Cash
7,313
—
71
(Including guaranteed
bonds
S.
398
.—
452
—
2,493
i
97
—
6-
share held
Colonial Mills,
Harshaw
-
50c
Cleveland Graphite Bronze (stock dividend)—
One additional share of common for each
(A.)
4
5-20
2
(Mass)—
City Investing, new (initial)
Cleveland, Cincinnati & St. Louis
Co., .5'
preferred (quar.).
Harris
13
+
notes
Other
Trust
;
374
+
Treasury
U.
Corp
Estate
Chicago, Milwaukee, St. Paul & Pacific RR.
Co., voting trust certificates for series A
preferred
(irreg.)
Union
516
4-25
6-
50c
Copper
Quarterly
4-15.
4-30
5-15
50c
Co. (quar.)
(Texas)—
Light,
Real
Grand
37
1
5-15
$1
40c
(quar.)
Pasco
Store
1,187
+
405
loans
Other
de
Chain
Shoe
+
4-15
5-
1
:
Electric
&
General
388
-
securities
Balances with
(In
Cerro
Goshen
estate loans
Treasury
Power
preferred
Globe-Union.
Treasury
Light Co.—
series A. due 2022
♦Announcement in this issue,
101
+
1
30c
25c
$3.50
—
Loans to banks
*
1500
Julyl
debenture bonds,
6%
Verney Mills of Canada, Ltd., 1st mtge. 5s
Virginia Dare Extract1 Co., Inc., 5% debs.,
4'
Public
pur¬
Government obligations
S.
Other
Real
».
gold debenture bonds, series A, due 2022
Utah Power &
for
4-15
5-
(quar.l-
(quar.)__
Central Louisiana
Central
(quar.)_
common
—
General
Other loans lor purchasing or carrying:
U.
Sawinigan Water & Power Co.—
H 1st mtge. and collat. trust 4' bds,, ser. G, due 1969_May 12
Soundview Pulp Co., 6 % preferred stock
Apr 15
securities
Other
♦
1
dealers
and
chasing or carrying:
U. S. Government obligations
52821
Anytime
5s, series A and B_—May
and collat. trust
mortgage
+
4-15
1
$1
(Omaha)
preferred
1,878
+
Industrial, and agricultural
brokers
to
Loans
229
1
5-
*5c
*5c
*$1.25
(quar.)
Extra
4 '
—10,401
325
__
17,150
Commercial,
Co., Ltd.—
& Water
Power
Carpenter Paper
Fullertown
54,846
Loans—total
Northern New York Utilities, Inc.—
1st
investments—total
and
3,
1946
1947
1947
Assets—
Apri
Mar. 26,
11,171
consolidated
and
1st
Increase (+) or
5-
Fund, Ltd.—
Ltd., 5'. pfd,
Capital Estates, Inc. (increased)
Ford
Decrease (-—) Since
2,
50c
30c
(quar.)—
shares
Common
Apr.
Loans
Ordinary
Convertible
(In millions of dollars)
Power Co.—
Heat &
bonds, due 1948—:
4' bonds, due 1949
shares
Wfien Hol&ert
Payable of Rcc.
Telephone Co.:—
Canadian, Utilities,
Government and
member banks follows:
England Gas & Electric Association¬
convertible debenture bonds, due 1947
5% convertible debenture bonds, due 1948
5% convertible debenture bonds, due 1950
5% convertible debenture bonds, due 1962
6%
debentures, due 2031
New
•
.
"Other loans" in¬
reflecting the partial redemption
of a maturing series.
Holdings of Treasury bills de¬
clined $74,000,000 in the Chicago District, $25,000,000 in
New York City, and $97,000,000 at all reporting member
banks.
Holdings of Treasury notes declined $71,000,000.
Holdings of United States Government bonds increased
$95,000,000 in New York City, $34,000,000 in the Boston
District, and $76,000,000 at all reporting member banks,
and declined $20,000,000 in the San Francisco District.
Demand deposits adjusted declined $659,000,000 in the
City of Chicago and $620,000,000 at all reporting mem¬
ber banks, and
increased $111,000,000 in the Boston
District.
Time deposits increased $43,000,000.
United
States Government deposits declined in all districts and
the total decrease was $264,000,000.
Demand deposits
credited to domestic banks increased $148,000,000 in the
Chicago District, $104,000,000 in New York City, and
$283,000,000 at all reporting member banks.
Borrowings increased $162,000,000 in the City of Chi¬
cago and $121,000,000 at all reporting member banks,
and declined $14,000,000 and $16,000,000 in the St. Louis
and Minneapolis districts, respectively.
A summary of the assets and liabilities of reporting
iiu
Vis, due 1948
& Telegraph
Special
Holdings of Treasury certificates of indebtedness de¬
looi
l
Apr 28
Apr 28
Any time
mtge. gold bonds, series E, due
Telephone
purchasing or carrying United States
other securities increased $50,000,000.
PaK®
B—Jun
May 1
debenture bonds, due 1952
Lebanon
1502
1
1
May
May
mtge. 4s, ser.
Canadian Oil Cos., Ltd., 1st
4%'
1912
July
July
Co.. 1st mtge. 5s, due 1951
Butte Electric & Power
gen.
1911
May 1
Brooklyn Edison Co., Inc.—3' consolidating mortgage bonds, due 1968
3(4 ' consolidating mortgage bonds, due 1966
4'/2'
1909
1910
Si
Canadian Investment
clined in all districts,
gold bonds
general mortgage s. f. gold bonds
International
1596
Ltd.—
Columbia Pulp 8i Paper Co.,
Great Northern
1773
Water
(quar.)
preferred (quar.)
$1.20
creased $40,000,000.
1st mtge. s. f.
7'
1460
Date
Algoma Steel Corp., Ltd.—
10-year convertible bonds—5 ' convertible preference stock
A. P. W. Paper Co., Inc., 6' convertible notes
Bell Telephone Co. of Canada, 1st mtge. 5s, series
Binz (M. E.) Co., Ltd., 1st mtge. 6s, due 1957—
6%
1772
CALLED
ISSUE
ENTIRE
Company and Issue—
British
*
of Company
Common
reporting member
banks of the Federal Reserve System in 101 leading
cities shows the following principal changes for the week
ended April 2: An increase of $101,000,000 in commer¬
cial, industrial, and agricultural loans, decreases of
$452,000,000 in holdings of Treasury certificates of in¬
debtedness and $620,000,000 in demand deposits adjusted,
and an increase of $121,000,000 in borrowings.
Commercial, industrial, and agricultural loans in¬
creased $76,000,000 in New York City and $30,000,000 in
the Boston District.
Loans to brokers and dealers for
1872
1
1
mortgage 4'/2'
Name
California
The condition statement of weekly
1870
Co.—
RR.
inc. bds., ser. A, due 2014 -May
Windsor Gas Co., Ltd., 1st & ref. mtge. 5s, due 1966. .May
General
Condition Statement of Member Banks
1317
Pennsylvania Water & Power Co.—
Apr 30
3%' ref. mtge. & coll. trust bonds, due 1964.
Peoples Bridge Corp., 1st' collat. lien 5s, due 1951— -May 5
Apr 21
Pullman, Inc., capital stock—
1
Roberts & Oake, Inc., 1st mtge. 6' bds., due 1954— -May
-Apr 30
Shellmar Products Corp., 4%' preferred stock
-Apr 15
Simplicity Pattern Co., Inc., 5" preferred stock-—
-May 1
Squibb (E. R.) & Sons, $4 preferred stock
1
Tide Water Associated Oil Co., $3.75 preferred stock- -July
-May 1
United Transit Co., \% debentures, due I960
Per
Share
,
Page
Date
Company and issue—
May .7
Mengel Co., convertible 1st preferred stock
_Jun
1
Minnesota Transfer Ry., 1st mtge. 3%' bonds
_Jun 22
Mount Vernon Mortgage Corp., preferred stock
1
National Vulcanized Fibre Co., 4'A' deb3v due I960 _May
-May 15
15-year 4 \\ '
debentures, due 1960
5-15
5-15
4-25*
4"25*
50c
25c
87y2c
5- 1
5-1
7-1
4-19
4-19
6-2
35c
5-15
5-15
.
4-1G
4-16
4-19
4-30
_
3L>c
4-25
4-25
W'^
Volume 165
Number 4585
THE COMMERCIAL & FINANCIAL CHRONICLE
Per
Name of Company
4
Revere
Riverside
Rockland
Lignt
Paper
Russell
Berg
Mfg.
Russell
Co.,
&
Power
Stott
(stock
Silica
One additional
five
Sun
shares
Ray
Shovel
Toledo
of
Air
4%%
United
4-18
4-30
4-18
(quar.)
(monthly)
1
preferred
A
convertible
7%
convertible
Baltimore
4-30
4-10
5-
1
5-
1
4-19
5-
1
Bangor
■;
4-
$1
5
(initial quar.)
1.12%
6-
1
4-30
4-18
50c
6-12
6- 2
5-15
4-25
7-
6-28
1
"
75c
(quar.)
10-
75C
1
Bell
1-1-48
7-
1
1
9-29
1-1-48
12-30
■
__
Lake
Co.,
Ltd
Railway—
Erie
<F.
W.)
Co.
Wrisley (A. B.i, 4%
4%
5-
1
4-15
6-16
5-16
Class
Blum
B
5-1
50c
4-15
5-
50c
4-21
3
11-
3
Class
Borg
4-15
1st preferred
Edison
Co.
Boston Fund Inc.
(quar.)_
1
4-21
2
4-21
5-
1
4-15
Brazilian Traction Light &
Interim
$1
5-
1
4-15
Brewers &
Distillers
5c
5-
1
4-
Annual
preferred
this
Abraham &
Affiliated
Strauss, Inc.
Fund,
Air
Investors,
Air
Reduction
Inc.,
Cantcn
non-cum.
conv.
pfd.
Penn
Oil
Gas
&
preferred
4-15
Amerada
Petroleum
Alliance
American
Book
Can
Corp.
(quar.)
Insurance
Asphalt
American
American
Roof
Co.
Corp.
(quar.)
Fidelity Co.
Quarterly
Fork
4%%
&
$25c
6-
20c
12%c
5-
Home
1
4-15
5-
<—
7%
4-17
4-
4-28
4-
7*
4-
-
1
5%
—
Camden
(annual)
4-15
40c
4-25 "*-4-10
6%
:
4-15
10c
5-
2c
3-31
v
1
4-25
1
5-
1
4-15
97 Vic
4-15
•3-31
25c
4-15
American Machine & Foundry—
.'3.90%
preferred
(quar.)
American Maize-Products Co., com.
American News Co. (bi-month)y)
7%
2
7%
25c
pfd.
(quar.)
5-15
6-16
6-
6
9-15
9-
Class
6- 5
$1.75
6
$1.75
Paper Goods Co.,
preferred (quar.)
preferred (quar.).
•
4-
$1.75
American
7%
(quar.)_
12-15
$1.12%
4-15
25c
4-15
3-21
15c
4-25
3-26
Rolling Mill, 4%% pfd. (quar.)__
Safety Razor (quar.)
American Seal-Kap Corp.
(s-a)
American Service Co.,
$3 pfd. (partic.)
American Smelting &
Refining, common
?7%
1st preferred
(quar.)
American Telephone Co.
(Abilene, Kan.) —
5%
preferred
American
*5%
preferred
Woolen
Zinc
'$5
prior
Co..
preferred
Wire
&
(quar.)
$2.25
4-15
3-17
(quar.)
50c
5-
1
4-15
5-
1
$1.75
4-15
preferred
(quar.)
Cable
4%%
Arcade
preferred
$1.25
Cotton
Mills
5-
4-15
4-
<quar.)__
!•
:,0-27
7
4-15
:
A-11
$56 Vic'
;v.t4-
5-
4
1
Power
Preferred
:,^-10
5-
$1
1
4-
4
6-30E;,? 6-23
9-30,.,.,. 9-24
-6%
preferred
(s-a)
$3
12-23,
43-19
Central
tlOc
e-
$$1.12%
2
,4-30
./.4-30
6-2
Power—
33%%
5-15
45c
.
.-4-30
6-16-^5-31
4-15
4-
1
'
Atchison Topeka
;
4-15
4-21
3-31
4%
pfd.
$1.75
Refining
'
5-1
4-15
6- 2
5-6
4-
1
4-15
4"
3-31
$2.50
5-10
4-23
Atlas
Plywood
Atlas
Powder Co., 4% conv.
Tack Corp.
(quar—
Corp.
&.
.
(quar.)
(quar.)
Hudson
4-10
7%
4-15
3-31
7%
4-15
3-31
3-20
4-15
4- 3
$50c
5- 1
4-10
$$1.25
com.
(quar.)
5-
1
4-17
1
4-18
5-31
5-15
4-19
5-15
4-15
5- 1
4-10
5-22
Extra
5%
4 ■29
(quar.)_
com.
4-15
7-1
3-31
3
$3
4-15
4-25
$0%
—
10-
5-30
5
Discount Corp of New
Dividend
Dixie-Homo
$75o
7- 1
5-31
4-15
|
Associates'
Gas
&
Co.,
(quar.)_.
Fund,
8-15
6-20
York
Stores
(quar.)__
4-30
4-15
5-1
6-15
1
5-
5-1
3-31
3-14
4-7
5- 1
4-10
4-3
4-15
4-11
6- 1
5%
Gas
&
Electric
2nd
preferred
preferred
9- 1
Dominion
preferred
1
11-15
4-21
5- 1
50c
4-15
4-10
4-10
4- 7
12-
25c
4-30
4-8
25c
4-30
4-15
3-31
13c
$1.19
5- 1
4-15
85c
6- 1
40,c
4-15
4-10
3-31
5-12
4- 1
$1.12%
7-1
6-19
20c
5-15
5- 1
5c
10c
50c
4-15
,
4-14
5-15
35c
4-15
3-15
$1.25
6- 2
$1.25
9- 2
25c
4- 8*
4- 1
preferred
1st
preferred
2nd preferred
City
Stores Co., common
Class A
(quar.)
(quar.)_
Ltd.,
Co.,
com.
(quar.)-
(quar.)
(quar.)
—
Linoleum
&
(initial)-—
voting trust certificates
Textile
Dominion
preferred
7%
Dominion
4%%
Dow
$4
Co.,
5-
5-15
1
$4.50
Paper
(E. I.)
A
(quar.)_
4-17
5-23
4-30
4-15
3-31
$$2
$20c
$i5c
$37%c
4-25
3-31
5-
1
4-15
5-
1
4-15
5-
1
4-15
$25c
4-15
3-27
4-13
3-27
5-
3-31
$25c
$25c
$$1.25
$$1.25
>
1
6-30
8-
1
5-
1
3-31
8-
1
6-30
is
3-28
$40c
$25c
4-30
5-
1
4-
1
$25c
5-
1
4-
1
$$1.75
Worsted, Ltd.
4-15
3-14
1
4-15
$$1.12%
5-15
4-15
75c
$1
(quar.)
common
(quar.)
(quar.)
(quar.)_
4-15
4-
1
4-15
4-
1
$20c
t$5c
Co., Ltd
de Nemours & Co.—
Metals
&
Duquesne Light, 5%
Corp
$1.12va
(quar.)
preferred
Test
3-29
4-30
Ltd.—
preferred
convertible
preferred
Ducommun
4-30
5-
Paper Co.—
Chemical Co.,
du Pont
(quar.)
(quar.)
Woollens &
Eonnacona
Eastern
(quar.)—
17c
preferred (quar.)—
$1.25
Supply
1st
(s-a)
Dwight Manufacturing Co
Easley Cotton, 6% preferred
Co.
i
—
(accum.)
(quar.)
Corporation
J?c
?5c
Si
-0c
5-
1
3-31
4-25
4-10
5-
1
4-15
4-15
3-15
5-
4-25
1
5-
5-15
1
7-
1
6-20
5-
5
4-16
Eastern Massachusetts Street Railway—
30c
30c
5-1
5-1
4-7
4-7
(quar.)
(quar.)
6% 1st preferred A (quar.)
6% 1st preferred B (accum.)
Eastern Racing Association, Inc.—
$2 par and no par value (quar.)
$2 par and no par value (quar.)
Eastern Township Telephone Co.
(quar.)—
Ekco Products Co., common (quar.)
4%% preferred (quar.)
Electric Furnace Co., class A (quar.)—
15c
4-21
4-15
Eleven
5-15
8-15
5-15
5-10
8-15 8-9
11-15
11-10
$1.75 2-10-48 2-10-48
$3.50 ,■
7-1
6-20
..
________
common
(quar.)
Oilcloth
Common
4-15
$1.75
(quar.)
(quar.)
5%
Dominion
Duro
$1.75
(quar.)
(s-a)
City Title Insurance Co.
Malting
preferred
preferred
3-31
5- 5
3-17
$1.75
——_
(quar.)_
Co., Ltd.,
Dominion Tar & Chemical Ltd., com.
5- 1
40c
—
3-31
$35c
(quar.)
preferred (quar.)
5%
4- 8
37%c
(quar.)_.
1st
Glass
Dominion
8-15
50c
(quar,)_
(quar.)—
1st
preference
Drvden
Co.____
4-15
4-15
$43c
Engineering Works, Ltd. (annual)
Dominion Fabrics, Ltd., common (quar.)
6% 1st redeemable preference (quar.)—
Dominion
5-15
$1.25
—
9
5- 1
'
(quar.)
Oil Fields, common
Bridge Co., Ltd. (quar.)
Dairies, Ltd.—
non-cum. preferred (quar.)
Comrfton
(extra)
(resumed)
4-
4-16
$2
lc
15c
Inc
Shares,
Dodge Mfg. Corp. (Indiana)
Mines, Ltd. (reduced)
7%
—
4-10
1
7-
$1.50
Dominion
$$1
Inc.
5
5
8-15
Dominion
$12c
(quar.)
8-
11-
8-25
3-31
$10c
$20c
(quar.)
6
5-
8-15
11-15
3-31
$$1.75
(quar;)
common
Bank
4-10*
4-10*
6-15
4-15
$$1.75
Electric
4-15
4-21
4-15
$17%c
(quar.)
4-8
4-21
Dominguez
&
5-!
4-21
$17%c
(quar.)
3-28
4-25
15c *
$25c
15c
$30c
37%c
Ry
1
12-23
8-25
Dome
37%c
Ohio
1
10-
1
25c
$1
(s-a)
preferred
partic.
5-30
37 %c
&
4
7-
12-23
60c
50c
50c
(quar.)
5-30
r
4-
5-15
2
7-1
20c
—
4-10
4-30
6-
25c
$1.75
$1.75
$1.75
12 %c
—
4-10
—$1
Co.
7- 1
Gas, Light Heat
Ltd
1
4-10
<quar.)___
B
7-1
(initial)
f
1
5-
20c
(quar.)
(quar.)
(quar.)
$25c
(quar.)_
4-
*:4-1
4-25
—
Vilbiss
Class
*
4-25
Giorgio Fruit, class A
4 •29
3-26
3
3-31
4-15
"4-15
30c
Co.)
—
De
5-22
4-30
1
4- s
3-31
v 4-15
30c
^
common
Stove,
preferred
preferred
preferred
5%
5%
k ;
5-
i
10c
10c
;
Mfg
&
4-21
25c
s
(quar.)
$$1.12%
7%
7%
6-1
25c
Y.),
dividend
Gasket
Detroit-Michigan
$$1.50
$183/4c
(initial)
City of Paris Dry Goods—
7%
1st preferred
(quar.)
4-11
5-
Stock
Detroit
2
4-
4- 2
Light Co
Co.
6-18
1
4-15
3-20
4- 8
Edison
7-
4-15
quar.)
preferred (quar.)
preferred quar.).
preferred (quar.)
Delroit
1
50c
1
4-25
6-18
(quar.)
5-
Cincinnati New Orleans & Texas Pacific Ry.—
5" 1
A
Di
Products, Ltd.,
(quar.)
prior preference
Cincinnati
5%
class
Dentist's Supply Co., (N.
4-15
7» 1
—
Delaware Power &
4-15
6-13
4-
.b.-
933Ac
Brothers, Inc.
Corp. (Initial
3-31
$$1.75
$50c
(quar.)
National
7%
$1
50c
Davidson
4-30
$$1.75
6-30
4-15
l!
4
25c
$1.12%
$1.12%
Dayton Rubber Co., common...
(Formerly known as Dayton Rubber Mfg.
7%
4-15
30c
$1.12%
25c
—
Davis-Rosenblum
4-30
4-25
$1.25
$4.50 partic,.pfd. (quar.)
Company, common
3%% preferred A (quar.)
$2
4-
4-11*
87%c
Dana
5-15
5-15
$15c
(quar.)_
(quar.)
(quar.)
Candy
4-11
—50c
pfd.
com.
(quar.)
Co.,
Chase
5-1
:r
Curtiss Candy Co.,
5-10
5-29
$1.75
(quar.)—
(quar.)
(quar.)
3-31
Certain-Teed Products Corp.—
5%
preferred
$30c
pfd.
7%
$1
933/«c
3% %
4-15
Ltd.—
Chemical
5-
pfd.
common
4-15
50c
Chesapeake Corp. of Virginia
$1.50
$1
Press, Inc.,
4-29
1
6-
4-18
(quar.)
*
$40c
(s-a)___
(s-a)
4-9
30c
(quar.—;
3-31
5-15
3-21
-
$1.25
_
,
5%
37%c
Ltd., common
4-9
Co.—
— 4% convertible preferred A
3.75 % preferred B (quar.)
4-15
4-15
$2
30c '
(accum.)
(quar.)
Sugar,
$1.50
62%c
Associates
5-1
22%c
(quar.)
(quar.)__
preferred
$1.50
Chlckasha Cotton Oil Co.
5% non-cum. preferred (s-a)
AtJas
5- 1
50c
5-1
Atlantic Coast Line RR.—
Atlantic
75c
4-10
1
$1.31%
Cunningham Drug Stores. Inc. (quar.)
Candy, $4.50 partic. pfd. (quar.)___
4-10
7%%
& Santa Fe Ry Co.
City Electric,
Common—
—
Atlantic
,
4-10
1
4-
Sugar—
preferred
Cuban
4-15
—
4-
4-15
(quar.)
Cuneo
4-30
4-18
4-25
10c
Cudaliy Packing Co., common
4%% preferred (quar.)
5- 1
2j/2%
Atlantic
8%
Forster,
7%
2
1
5-1
40c
4-30
5-15
75c
75c
$1.75
17%c
pfd.
4-30
-
6-16
—
Curtis
Corp., com._
Central Kansas Power Co., 4%% pfd. (quar.)
Central New York Power, 3.40% pfd. (quar.)
Central Ohio Light & Power (quar.)
4%%
&
Common
4-21
1
5-
25c
6%
Aguirre
Chasers, Inc.
ordinary
Associated Telephone Co., Ltd.—
4% %
preferred
(quar.)
5-
6- 2
$1.75
Corp. (quar.)
Cos., Ltd., common (quar.)
Ltd., 7% pfd. (accum.)__
Chase
8%c
Crum
4-11
6-10
5-
6- 2
$1.12%
Light, common
Carrier Corp., 4% preferred (quar.)
Celotex Corp.; common (quar.)
5%
preferred (quar.)
Central
for
4-17
$ 25c
Power
6-23
Bonus
4-17
1
15c
5-14
6-16
7-1
(s-a)
Co.
Drug
$183/4c
Carolina
12-19
deposit
receipts
Registered (final)
1
5-
$20c
Clinchfield
6-30
American
5-
25c
Power,
Co.—
Carolina
12-23
(initial)—.
Crown
Capwell Sullivan & Furth Oak-
$3
Pipe Corp., 35c pfd. (quar.)
Electric Industries, Ltd.—
4-15
$$1.50
Natural
$1
common
4-30
1
6-2
7-1
$1.13
Cork & Seal Co
Cuban-American
pfd. (quor.)__
$3 pfd. (quar.)_
Western
Preferred
4-15
5c
$1
|New
Crown
25c
6%
Lumber
(s-a)
Art-Craft Briar
4-7
4-10
$1.13
(quar.)___
(quar.)
Corporate Investors, class A
Corp.
(initial quar.)
Petroleum. Corp., 5%
4-10
Western
.and
preferred
A
Cosden
5-1
5-14
20c
pfd.
Cory
$1.50
(quar.)
Preferred
(quar.)
Associated
4-16
4-15
2
Electric—
Cornell-Dd'oilier
90o
Investors
Canadian
4-21
(quar.)
dividend
1
5-15
4-25
$50c
4%%
Co.,
Refining, common.
preferred
(quar.)
7%
2
6-
50c
6c
(s-a)
Gin
5-15
$1
(s-a)_
Products
Corn
40c
Vickers.
preferred
1 Stock
3-31
preferred
4-10
6-
$20c
Canadian
6%
(quar.)
4-15
(increased)
4-25
25c
preferred (quar.)
Corn Exchange Eank & Trust (N. Y.)
Quarterly
1
(quar.)
Canadian Oil
6-27
50c
Common
Argus Corp., Ltd., common
f 4%% convertible preference
3-31
5%
1
25c
(quar.)
(quar.)—
Gas
5-
$1.25
(quar.)
Corp., common
Grocers
4%%
1*
Canadian, Industries, Ltd., common
7% preferred (quar,)^r___H__„
,^4-11
7-
$2.25
•Common
Arkansas-Missouri
4-15
4-
Foreign Investment Corp., Ltd.—
Quarterly
Canadian General Investment, Ltd.—
Increased quarterly
7- 7
75c
$1.12%
common
4-21
Canadian
Canadian
Power—
Co.,
4-21
5-20
5-10
Food
1
50c
(quar.)
5-20
6-10
Canadian
(increased)
4-11
4-
Extra
—L
preferred
Y., Inc.—
Royalties, 5% preferred
Royalty Oil Co
Consolidated Textile Mills, Ltd.—
3-20
6- 2
"
Smelting—
Hccking Glass (increased)
Anglo-Canadian Telephone—
4% %
preferred
(quar.)
Angostura Wupperman Corp. (special)
>■
4
4-
4-15
4-15
-sll convertible class A
,
Natural
5%
5-15
3-31
6-
$1
(quar.)
N.
of
Laundries
4-15
3-31
(quar.)
Electric.
2
4-30
Anchor
Appalachian
5-
4-15
Amoskeag Company, common (s-a)___
$4.25 preferred
(s-a)
Anaconda
6-1
si
$1.25
7%
Lead &
1
5-31
$1.75
(quar,)
American
American
7-
50c
$1.25
(quar.)
Telephone & Telegraph
Viscose Corp., common
American
$1.13
Consolidated
—
power Ltd.,
"(quar.)
preferred
2
'*5-10
Fairbanks-Morse,
4%%
Consolidated
4-
$2Gc
Canadian
3-14
American
4-
4-15
4-15
4-16
$37c
Canadian
12- 5
American
1
Corp.
Co.
4-30
$15c
Converters Co.,
Class A
4-15
50c
(quar.)
A
Canadian
4-15
1
93%c
Starch
Common
1
5-
$$1.50
Canada
4-15
37'/2c
(quar.)
5-
5-
183/4C
,__
Co., Ltd., 7% pfd. (accum.)
Steamship Lines, Ltd. (s-a)
Canadian Bronze Co., Ltd., com.
(quar.)
5%
preferred (quar.)
Canadian Car & Foundry Co., Ltd.—
-.••>4-15
30c
Northern
preferred
37%C
Dearborn
Edison
2
b 4-15
$1.50
Car
4-30
31c
1
Consolidated
(quar.)__
(quar.)
7%
1
5-
3-
Consolidated
5-
$1
9-10
4-15
$5
River
Consolidated
$5.25. series
(quar.)
4-30
6-10
9-15
4-15
4-30
5-
5-15
6-15
$1.50
$$1.50
$$1.50,
(accum.)
Corp..
Power, 6% pfd. (quar.)__
Heating Co. (quar.t
Consolidated Chemical Industries, Inc.—
$1 participating preferred A (quar.)
4-15
$40c
(quar.)
(quar.)
preferred
—
Conlon-Moore
Connecticut
4-15
1
quar.)
Insurance
Canada
-..«4-i4*
to
4-10
5-
40c
.
(quar.)
(quar.).
non-cum.
Canada
$1.12%
j.
(monthly)
Fire
.
.
4-15
5-1
4-25
(quar.)
Canada Iron Foundries,
Co.—
(quar.)
Electric
preferred
3-31
Continental
6% preferred (1927 series)
(quar.)
California Packing Corp., common (quar.)_
7*
3-31
4-15
preferred
(quar.)
,
(quar.)—
Hampshire)
(New
Life Assn.
(Toronto)
(quar.)
Quarterly
Conlon Corp., preferred
Merged with Moore Corp. Name changed
3-31
$$1
(quar.)
preferred
preferred
preferred
6%
4-24:)
4-28
4-15;'
4-15
7%
Co.
Fund
Co.
Confederation
3-20
California-Oregon Power
Common
(increased)
3-31
1
4-18
4-15
Co. (quar.)
Mills, Ltd.—
lsV preferred
California
3-20
5-15
3-15
5-
Gas
$12%c.
$32%c
preferred
(s-a)
Calgary Power Co., Ltd.,
4-16
;
4-15
4-15
Power Co., Ltd.—
preferred
(increased
2nd
80c
4-14
50c
Products
preferred
$1.50
1
4-15
50c
Hydraulics, Inc. (monthly)
Light & Traction, common (quar.)
American
Common
4-30
«-4-
-
4-30
75c
(Montpelier Vt.)
Hoe
1
4-30
Concord
Edison
Bond
Composite
(quar.)_
common
(Los Angeles)
Linen
Commonwealth
5-2
(stock dividend)—
Corp.
Ltd., 5% pfd.
Alcohols, Ltd., common
preferred (quar.)—
Consolidated
(quar.)
$3.60
Co.,
Jackson
(quar.)
Pictures
Consolidated
(quar.)
Adding Machine
Byron
(quar.)
Commercial
Consolidated
preferred
Caldwell
Combined Enterprises,
10c
15c
2%%
$$1.25
$5c
$l0c
35c
15c
—-
Columbia
4-10
(quar.)
3%%
b
1
4-16
1
50c
;
3
3-31
3-31
Burroughs
Burry Biscuit, $1.25 preferred (quar.)
Brothers, common
4% % preferred (quar.)
Byers (A. M.) Co., 7% pfd. (quar.)
3-20
1
5-1
(quar )
Stone
6-
6-2
25c
$25c
$5
&
4-
4-30
Butler
4-10
4-15
62%c
Casualty
&
preferred
American
American
5
"9-15
4-21
50c
American
1
4-15
25c
(quar.)
Extra
Fire
8
50c
(quar.)
Distilling Co. (quar.)
American
'4"4-
'
4%
4
25c
(quar.)
Co.
American
4-
Shoe
Bullock's Inc.
7- I
75c
.
American
10-
2%c
4%
preferred (quar.)
Amalgamated Leather Cos., com. (irreg.)
Amalgamated Sugar Co., 5% pfd. (quar.)__
-6%
4-25
$$2.50
(quar.)
Corp. (increased quar.)
Aluminum Co. of Canada, Ltd.—
,
4-15
$2.50
Stores
American
50c
4-15
Youngstown RR.—
preferred (s-a)
Algoma Steel Corp., 5%
All
"r:3-10
10c
Corp
5%
Allied
'
4-21
25c
Cquar.)
Appliance
&
^
4-25
4-15
;?
' $3c
,
■
1
Buckeye Steel Castings common
6%
preferred (quar.)
Payable of Rec.
5c
$2
Brown
Holiert
$1.12%
Co.
Air-Way Electric
Akron
(quar.)
Inc.
4-21
$30C
County Trust Co.
__r—
(initial quar.)
Columbia Gas & Electric (quar.)
Vancouver, Ltd.—
Brooklyn Union Gas Co.
*
Share
12-9
6-11
$60c
of
preferred
Bristol-Myers Co.,
Bronx
Name of Company
1-2-48
5-
(s-aj
$1.75
.
$25c
Sand
4-21
(quar.)
Hydraulic
6%' 2nd
week, these being given in the
When
83Ac
Co.
5-20
British Columbia Power, Ltd., class A
British Columbia Telephone Co.—
preceding table.
trer
Colonial
16c
—
Bridgeport
give the dividends announced in previous
weeks and not yet paid. The list does not include divi¬
we
announced
Collins
60c
—
(increased)
9
Ltd.
Co.,
Colgate-Palmolive-Peet
6-10
9-9
16c
5-
$1.30
-a.-A
7-1
(quar.)___
Trust
preferred (quar.)
(quar.)
________
(St. Louis) (quar.)—
Semi-annual
10-1
$25c
7%
$1
(quar.)
Property
Cordage, Ltd.,
Brantford
4-21
4-15 :
Works,
Breweries,
20c
_____
(quar.)
Personal
Extra
dends
Plow
20c
62%c
Corp.
W.)
$1
preferred (initial quar.)
Consolidated Gold Fields (quar.)
Below
(quar)
(quar,)
6-
(quar.)
Cockshutt
20c
50C
(quar.)
3-31
$20c
5-
1
4-15
50c
Co
&
Co., class A
B
(Geo.
Boston
10-21
4-30
Ltd.
Bottling Co.
35c
(quar.)
pref. (quar.)
common (quar.)
(interim)
(Philip)
Bon Ami
31 %c
Coca-Cola
$$2
Canada
conv.,
$1
-1.37%
:
2nd
Yuba
7%C
$30c
Boston
prior lien (quar.)
5%%
preferred
(quar.)
Woolworth
561/4 c
$20c
4%
of
$2
Coast
4-11
Hats, Ltd.,
;>
$10c
preferred A (quar.)—$25c
Sivalls & Bryson,
common (quar.)__
20c
Bliss (E. W.) Co. (resumed)
50c
Bloomingdale Bros., Inc
1
56 %c
Blue Ribbon Corp., Ltd., 5%
pfd. (quar.)__
$62 %c
Blue Top Brewing Co., Ltd.—
6-28
10-
Paper
Co.
Clinton Water
3-25
8%
"
Hedges,
4-15
9
4-30
$1
12-30
56 %C
&
&
1
4-
-
.
;
20c
20c
Monthly
$50c
——
(quar.)
Telephone
Benson
5-
■
5c
(quar.)
Corp.
4-15
4-25
20c
_______
4-16
1
Black
9-29
56 %C
preferred B (quar.)
preferred B
(quar.)
4%% preferred B (quar.)
Utility Appliance Corp
,-f.
Walker (Hiram)
Gooderham & Worts, Ltd._
Western Light & Telephone
Co., Inc.—
5%
preferred
(quar.)
West Indies Sugar Corp. (special interim)
."Special interim
Wheeling
A
e1
,,
5-
40c
(quar.)
________—
(initial)
Paper Co., Ltd.—
&
20c
5-1
25c
1
20c
20c
83Ac
(quar.)
20c
r
20c
83/4c
Sons-—
Biltmore
75c
4%%
Westminster
Power
Baystate
•-
&
& Innes, Ltd.—
partic. class A preferred
Class
5-10
25c
$1.50
_
preferred
i
%
•••.
.
preferred (quar.)___.
preferred (quar.)
(Joseph)
Bathurst
common
'
Per
Share
...
Monthly
Monthly
Monthly
■•■■"bb4-35*;
17%c
.____—
'V ■'
Monthly
$1.50
(quar.)___
preferred
Hydro-Electric Co.,. com.
Brothers Cob (quar.),
Bartgis
Bates
4-19
4-15
1
50c
________
(quar.)
Steel—' '
Porcelain
Bancroft
4-19
50c
$$1
6%
Co.
convertible
4%%
-
Rubber
7%
53y3C
(quar.)
(quar.)
preferred A
6%, preferred A
Company,
(initial)
:■
(monthly)
Monthly
30c
Co._____-___i__-___i._-__
7%
41 %c
preferred
Lines,
'6%
Corp.
&
4-30
4-26
4-21
..
$1.12
Collieries
4-30
5-10
5- 9 b,;
7c
Babcock
•
^
Industries, Inc.
Monthly
I
;;>i Monthly'
56 %c
Ayshire
5-30
37 %c
(quar.)
Inc.—
""
preferred (quar.)
Mills, common (monthly)
$4.50 preferred (quar.)
Wilcox
';
Name of Company
f 4-15 i1'
5-
(quar.)
convertible
4-25
50c
convertible
$2.25
5-10
2%
Lines,
b
'-■v
.....
preference
Avondale
Baldwin
~2Cc
common
Now on a quarterly basis
United Stores Corp., $6
preferred (quar.)
Upper Michigan Power & Light—
*•'•6%
5
4-30
Co., Inc.—
1
" *• 5-
$5c
" 30c
Mfg. Corp., common—;' 10c
(Formerly known as Aviation Corp.)-
5-16
Co
States
5-
Holdere
Payable of Reo.
6-2
$1.37%
(quar.)™
Baldwin
Traders Building Assn.
•
1
—
preferred
United
4-18
5-15
&
When
Share
Clinton
(quar.)______.__b____
Mines, Ltd.
Convertible prior
4-30
5-
preference
Austin,; Nichols
for each
common
Edison Co., 7% pfd.
preferred (monthly)
(monthly)
6%
5%'
1
5-16
$1
dividend)
dividend
preferred
Thew
5-
5-15
10c
'
Ltd.—.
Avco
9
27 %c
held.
Drug,
Stock
6%
t
4-
50c
(stock
share
''4-10
_______
22 %C
common
(quar.)___
Company
5% %
1
Company
Wiborg Proprietary,
Aunor Gold
4-11
"5-
10c
Corp.__i
preferred
Oil
1
:4-15
4-19
20c
5%%
■
5-15
50c
&
'
1
5-
$1.25
5-
-
12c
dividend )_
Per
Name of
Ault
5-10
6-12
$15c
.
Co.
Briquet Co.,
$2
~
(quar.)
Aircraft,
Standard
>
(quar.)_
pfd. A (quar.)_
90c conv. preferred (quar.)_
American Gold & Platinum Co
Solar
Sun
$5 preferred
Co., Ltd. (quar.)
Fund, Inc.__
Schwitzer-Cummins,
South
Holdert
Payable of Rec.
25c
'
Cement
Rolland
When
Share
Copper & Brass
6%
1st preferred A
6%
1st preferred A
,
Park
Place
Co._——__———•—•—
$1.50
$1-50
$1-50
$6.50
25c
25e.
25c'
30c
$1-12Y3
65c
25c
6-
9-15
2
9-
6-16
12-15
2
12- 1
5-
1
4-15
7-
2
6-20
10-
2
9-20
4-15
3-31
5-
1
4-15
5-
1
4-15
5-
1
4-19
5-
1
4-15
A/
;
•
Name of Company
,
.
Increased
6-23
6-
6- 2
5-15
4-10
25c
4-30
$1.25
$1.25
5-31
$-16
8-30
1
1
4-14
4-15*
1
5-
$1.50
30c
4-15
3-31
30C
4-15
3-31
Fabricon
15C
4-15
3-31
Falstatf
25c
5-29
5-15
Y.)
N.
cuse,
$2.50
$2.50
Quaiterly
Park, Inc. (quar.)
Quarterly
...
_______
7-
1
6-16
10-
1
9-16
50c
(quar.)
5-
1
4-15
Fashion
Quarterly
Federated Department Stores, Inc.—
——
_
V
•
Common
r
-
Fire
Federal
Federal
6%
Insurance
(quar.)
Services
Fenton
4-19
& Dyeing
Cleaning
United
s
First Mutual Trust
prior preferred
"
-
West
Sixth
Telegraph
Friedman
3-31
3-31
:
4-25
3-29
4-25
Realty Corp.
&
Malting,
3-29
General Electric Co
5-15
5-
1
8-15
8-
1
4-30
4-15
4-30
4-15
4-15
3-31
4-15
3-31
1
4-15
Investors
General
Mills,
General
Motors,
Trust
(quar.),,,
$4
3-31
4-25
3-14
4-
3-31
5-
1
4-10*
5-
1
4-
I
(quar.)
Gerrard
<S.
Gillespie
Gillette
A.),
preferred
Girabel
(increased
Bros.,
Golden
State
Goodyear
Inc.,
Co.,
Tire
Ltd.,
Tire
4%
Gotham
3-31
1
4-
1
10-
1
Hosiery
(H.
L.)
Griesedieck
; 5%%
Grless-Pfleger
4-15
i
4-16
4-22
4-12
$1.25
5-1
4-15
5-
4-1
1
4-25
4-
4-25
4-10
4-25
4-
J40C
of
3-24
6-16
5-15
6-16
5-15
35c
lc
;
5-
(quar.)
1
30C
4-15
40c
4-15
4-14
4-
5-
1
t$4
Co. cf Canada (quar.)
Co. of Canada—
$$1.25
4-15 -*
preferred
(accum.)
$50c
Lime & Alabastlne (Canada)
•S Quarterly
Quarterly
Quarterly
i——
Brothers Co.. $2.40 conv.
pfd.
Hamilton Cotton Co., Ltd.
(quaf.)
(quar.)——,
Jttarbison-Walker
preferred
$20c
1
8-
12-
60c
$22 %c
—
Refractories—
(quar,)
9-
*20c
—.
Halle
r1
11-
5-
preferred (quar.)
$1.12%
4-15
Electric, Light Co.. (quar.)
Ha^t-Shafiner & Marx; (quar.)
Harvard
Brewing
Co.,,.
Hat Corp of America, 4%%
pfd, (quar.)—
Haytian Corp. of America
Hecht Company, common
(quar,)
\3%%
preferred
(quar.),
68%c
Harrlsburg Gas Co., 4%%
common
Hines
4-
1
4-
1
4-
1
5-
1
4-15
6-27
6-10
;
4-9
93%c
r
4-30
4-30
4-9
$1.25
5-15
8c
,
4-25
4-15.
75c
5-15
4-25
$1
5-15
4-25
25c
4-25
*
12%c
-
4-15
f
$1.25,
5- T
4-15
4-15
4-15
4- 1
•
,
4-15
3-20
.4-
1-
4-25
3-31
5-
4-15
1
Rubber
&
conv.
preferred
9-
2
12-
8-
4-15
15c
5-
1
4-15
$1.25
(quar.)
6-
1
5-25
preferred
4-17
4-11
1
4-14
4-15
4-
J 17c
4-15
3-18
5C
5-15
5-
$1
4-15
3-31
1
5
6%
3-31
1
4-15
20c
5-
1
4-18,
3-31
National Bond & Share
3-31
National
5-
1
3-28
National
Casket Co..
6-27
6-20
National
Chemical & Mfg.
'
3-31
4-29
15c
5-
1
4-15
(increased)
10c
5-
1
Company,
Inc.
Container Corp.
4-15
5-
1
4-10
6-
6
5-
8*
6-
1
5-
8*
25c
4-15
4-
9
50c
5-
4-11*
4-15
7-15
National
11-
1
10-15
4-16
4-9
25c
t2c
6-
2
$3
5-
1
Department Stores Corp. (quar.).
National Distillers Products (increased quar.)
National
4-25
Common
4-30
Common
5-15
5*
5
Common
25c
8-15
8-
5
25c
11-15
11-
5
'
5-
56 Vic
Fuel
Gas
4-15
6-
6-11
t75c
6% pfd.
(quar.)
4-
7
37 %C
4-15
4-
4-19
4-
7
4-19
4-
3-25
1
4-19
4-30
3-31
5-
7-31
6-30
10-31
9-30
*25c
1-31-48
12-31
$1.30
4-15
.3-31
12 %C
5-1
4-19
4-25
58-
7-26
11*
25c'
10-25
.
5-
4-14
5-
4-14
6-
5-
50c
4-15
4-
2
5-
5-
1
$2
37 %c
4-25
4-15
North
Boston
$3
North Carolina RR.,
North Penn
1
5%
6-12
$1
4-15
4-
$12%C
4-15
3-15
$1,06%
5-' 1
4-15
preferred
6-i;
50c
•
^
$1.50.
$*.06%
(quar.),.
"
-
4-15
3-31*
5-
6%
20c
4-15
13 %C
4-15
-•
4-19
1
4-1&
,4%%
3-31
5-1
4-15
4-15
$1.50
3-31
5-
1'
5-
1
4-15
5-
1
4*15
5-9
4*16
5c
4-21
35c
4-15
3-31
75c
4-15
'.3V31
$3.50
8-1
97 %C
-
933/4C
Corp.
(Pa.)
4-19
■
vi.
—
common
g
preferred
Co.
7-21
4-15
4-25
37 %C
5- 1
$1.25
4-H
$1.75
4-19*
$1.50
4-19
3-31
1 ' 90c 'til 4-15
Service—
(Del.)—
3-31
iK-A
4-i5
"
-
;
r.
—__
(Minn.)—
(quar.)_—
preferred (initial quar.)
5-
50c
22 %c
—
3-27'
Oberman •& Co.;
1
6- 1
-
4-15
4-15
5-i5
4-30
V; 4-15
$1,25 ?■■■'_•} 4-30
4-15
4-1
3-21
26c
.
A
3-31
2
$1.12%
■
preferred (quar.)
3,-30)
'
Engineering •. Co
—
Service, com (resumed)
5%
Ajtfi
1'-*? 5
8c
preferred (quar.)
Power Co.
'
$1.75
Northwestern Public
^
4-15
25C
3-27
8;-
4-15
1
5-
$1
preferred (accum.),—
preferred (accum.).
Northwest
5
12C
Nunn-Bush,Shde Co., common,-'-—-Al-i.,'
5% preferred (quar.);.. J..
———- -
4-
1!
1
5-
pfd. (quar.)
Properties,
Public
(quar.)
Northern States Power
3-31*
4-15
5-
$1.25
7% guaranteed (s-a)_.
$7 prior pfd. (quar.).
8
f-$3.60
(increased).
$1.18%
$2.50
-
(quar.)
Indiana
Northern States
7%
i;
Gas Co.,
$1.50 convertible
1
88c
4-10
Engineering Works
Northern Illinois Corp.—
1
8-
4-16
4-21
Northern
Northern
4-15
75c
15C
3.9%
1
5-
(quar.)
4-
8-
(quar.),—__
Lighting
preferred
4-17
8-15
3-15
5-
1
(quar.)
A
4-15
,
4-15
5-
Co., 3%% pfd. (quar.)_^_
Railway Co.—
preferred
5-1
8-16
Lowell
Bleachery, Inc. (irreg.);
Lowney (W. M.) Co., Ltd. (quar.)
Luzerne County Gas & Electric Corp.—
t
4%% preferred (quar.),-,—,
Class
3-31
$4
3-31
Western
3-27.
$2.50
.
3-31
3-31
4-15
75c
Co
North American Acceptance
3-31 '
4-15
(J. J.)
&
Adjustment
3-31
$1.25
3iy4C
Merchandise
Power & Light,
Newberry
3-27
•4-15
$2
Louisville Henderson & St. LOuls By. Co.—.
Common (s-a)
!___
5 % non-cum preferred (s-a)
York
4-24
4-15
20c
75c
(quar.)
New
New York
3-31
4-15
4-15
5-15
Brunswick
9
fOc
4-15
20c
Jersey
5
6-
7-31
53 %c
4%%
Telephone (quar.)_—
Woisted, Mills
New York Chicago & St. Louis RR. Co.—
6% preferred A (accum.)
New
3-31*
4-15
7-31
8-15
5c
preferred (quar.)__
Naugatuck Water Co. (s-a)
Nebel (Oscar) Hosiery Corp
Neisner Bros., 4%% conv. preferred (quar.)
Niagara Hudson Power, 5% 1st pfd. (quar.)
5%
1st preferred (accum.)
Norfolk
20c
1
8-15
lc
Co
National Tea Co.,
3
$6.50
1
4-
$37 %C
Tank
National
New
—
4-
4-15
9c
series
7
4-15
4-15
Series-
7
4-
$3
—
(s-ai
Securities
Low-priced bond series
Low-priced common stock
Speculative series
4-19
4-15
$1.25
pfd. (s-a)__
series
Bond
50c
(accum.)
preferred
National
4-15
4-30
Corp.—
(s-a)
A
4
37 %C
(quar.)
class
1
4-30
6c
& Stores
(s-a)
National Paper & TyDe Co., 5%
5%
4-15
1
5-
Manufactures
National
1
4-
$1
(quar.)
4-
$1.25
Fabrics
Mallinson
4-14
4-15
25C
(quar.)
4-15
$1.25
B.
5- 1
20c
50c
Co.
Extra
4-15*
1
$1.50
• ji.
30c
Lock
National
4
10-20
3-31
Extra
3-31
7-22
.
4-15
(quar.)
Co.,
3-31
I
10-30
20c
Lead
National
4-15
8-
2c
2c
National
4-15
1
4-21
5-1
2c
(quar.)
(quar.)
(quar.)
National
*
1
Electric Welding Machine—
25c
50c
Mading Diug Stores, common
55c preferred (quar.)
5-15
(quar.)
Co.
1
$3
—
$1.50
common
1
25c
A
3-31;
5-
9-15
87 %C
pfd.
3-31
8-
6-16
1
t25c
—,—
4-15
4-15
$1.75
(quar.)
4V4%
3-
15c
50c
40c
$1.75
1
10-
7*
4-15
Corp
$1.75
7-
$1.50
1
(increased)
Cash Register
(Del.) —
4%% convertible preferred (quar.)
$( 296875
20c
National Cylinder Gas Co., common (qu.ar.)_
$1.06
4 % %
preferred (quar.)
$1.50
(quar.)
& CO.,
—
Nathan
3-31
National
common
3-31
4-15
5-
National
.
9-18
12-18
56 %C
9-22
.
9-26
4-
12-22
—
6-19
6-27
12-26
4-15
9-29
—
4-19
5-15
4-15
12-29
Angeles Investment Co.—
Louisville Gas & Electric (Ky.), common
5%
preferred (quar.)__^
H.)>
5-31
125c
$1.21%
—,———
preferred
50C
37 %C
$1.12%
Los
(R.
8-15
1
Mutual System, 6%
preferred (quar.;
Nanaitno-Duncan Utilities, Ltd.
(s-a)
3-31
$1.12%
(quar.)
com-
5-15
1
5-
7
4-15
25c
Co.,.
(quar.)
1
9-
4-12
Inc.
4-15
25c
Forbes
6-
25c
4-
t25c
MacAndrews. &
3-31
3-31
IOC
96V4C
Railroad
3-31
4-15
(quar.)
Fund,
Investment
4-25
$25c
Louisville & Nashville
5-15
4-21
Mutual
57c
—
5% preferred ($25)
3
4-21
$1.50
$1.50
$1.50
""
Narragansett Electric, 4%% pfd. (quar.)
Stiaus-Duparquet (quar.)
National Biscuit Co. (increased)
t3c
_,
(quar.)
Inc.
5-15.
6-
7
4-15,j
$1.12%
Groceterias,
4-16
3
4-
4-15
$1.50
preferred
2nd preferred—
convertible preferred
Oil Co.
(quar.)
Brothers, 6% preferred
1
6-
4*21
.
31 V4c
(quar.)
Co.
5-
1
4-30
30c
1st
Co.,
4-12
$1.75
(quar.)
(quar.)
(quar.)__,
preferred
preferred
preferred
6%
6%
(quar.)
.(increased quar.)
Quarterly
4-30
4-30
$1.25
(Ind.)
3-
$1.75
$7 preferred (quar.)
$7 preferred (quar.)
Munising Paper, 5% 1st preferred (quar.)__
Muskegon Motor Specialties Co.—
$2 class A (quar.)
Mutual Chemical Co. of America—
$1.50
—
;
3-17
3*15
4-15
62%c
1
preference
Ltd.
4-15
$1.50
(quar.)
Tel.
&
1
5Cc
common
5-10
2
4-15
62 %c
(increased)
5-
50c
Stores Corp.,
2
$1.50
(quar.)
Tel.
States
Mountain
4-28
non-cum.
6-
E0C
t48c
Extra
5-
non-cum.
4-
4-15
$1.62%
I
4-15
1
$2
5-
tic
(quar.)
5-
(s-a)
5-
(quar.)
(quar.)
Co.
4-
$1.10
Development Co.—
$1
(s-a)
pref. (accum.)
(accum.)
3-25
4-15
37 %C
8714c
A
conv.
3-27
$1.75
quar.)
$1.0614
—
7%
4-15
Mullins Manufacturing Corp.—
15c
Ltd.
1
4-15
lc
(initial
Mountain States Power Co., com.
4-10
1
5-
4-15
Quarterly
5%
5-
$1
4
4-15
3-20
Co.—
&
Mount Diablo Mining &
11-10
4-
1
lc
(John
common
Morris & Essex Extension RR,
9
1
4-30
6214c
(quar.)
common
Morrcll
5-10
New
5-
$1
__
3-31
20c
6io
(s-a)
2
3-15
4- 5
4-15
$1.50
(quar.),
6-
4-15
50c
Macy
pfd.
$6
Co
non-cum.
;
25c
4-21
$75c
4-15
3-20
4-15
15c
12c
3-25
1
4-15
125C
—
30c
4-15
1
5-
*
3-31
50c
6-15
■"".
7-
4-15
15c
4-15
5-12"
2
6-
7
5-15,
■
10c
Monongahela Valley Water, 7% pfd. (quar.)
Monongahela Power, 4.4% preferred (quar.)
Monroe Loan Society, class A
(quar.)
Monsanto Chemical, $3.25 preferred A (s-a)
Montgomery Waid & Co., common (quar.)__
Montreal Telegraph Co.
(quar.)
Moore
Corp., preferred
4-
1
5-
22 %c
—
Lockwood Company
Loomis-Sayles Mutual Fund, Inc
Loomis-Sayles Second Fund, Inc
Lord & Taylor, 8% 2nd preferred (quar.)
2
4Cc
Gas
5-1
,
125c
Electric Service Co.
Missouri
1
4-11
4-11
50C
Mississippi Power & Light,
1
5-
5-29
1
5-
'25c
Minneapolis & St. Louis Railway Co.__
& Ontario Paper Co. (initial)
$2.50
Loblaw
4
4-
(Edw.) Lumber Co.
(quar.),.
25c
(R.)! ft Co., Inc, new class A
(quar.)
•
--$1
HOlly Development Co. (quar.)
——: lc
Holly Sugar Corp. (quar.)
25c
Hoe
5-
7%c
(quar.)
$1.75
(quar.)
common
Minnesota
Lion
7
4-24
50c
(quar.)_
(quar.)
3-31
A
Lit
preferred
20c
"Printing
$3.50 preferred
4-15
4-16
$1.12%
Hibbard, Spencer, Bartlett & Co.—
Monthly
Company,
3-15
(irreg.)
Mills,
Lincoln
,
Hercules Powder, 5% preferred (quar.)_
Hercules Steel Products Corp. (initial)..—,
Hershey Chocolate Corp., common (quar.)
$4 convertible preferred (quar.)
preferred
4-15
4-15
(quar.)
Lake Gold Mines,
Link-Belt
7%
Corp.,
Mills, Ltd. (quar.)
Michigan 'Eumper Corp
Midwest Piping & Supply
Miller Mfg. Co., class Au
Class
y
3-31
■
1
5c
..
.—
Higbee
5-
4-
60c
-
.
$1
Quarterly
Quarterly
9
4-21
Merchants Distilling
Co.—
Lincoln National Life Insurance Co.
8
6-2
Mercantile' Stores Co.,
3-19
4
•<
—
3-19
4
1
4-
2
4-
$1
Lexington Telephone Co., 5.2% pfd. (quar.).,
Liberty Loan Corp., 50c preferred (quar.),
1
1
$1.50
Hartford
5%
Brothers,
Quarterly
Quarterly
Quarterly
1
4-15
4-
4-15
3-15
'<
'
4-15
25c
4-15
3-31
5-
$i
25c
(quar.)
Co.
Stores
4-15
4-15
—
$20c
3-31
30c
Lewis
3-31
4-15
4-19
McLellan
3-15
(quar.)
50c non-cum.
Realty
Gypsum
m
4-30
6%
3-31
4-15
11-29
75c
3-31
*4-15
11-30
9-
4-15
$$1.50
8-30
43 %c
12-
Lerner
5-16
25C
4-15
8-31
9-11
—
:
1
5-31
43 %c
Mohawk
Lefcourt Realty Corp., prior pfd.
Lehigh Valley Coal Corp.—
7
2
5-
43 %c
(quar.)
preferred
preferred
.4-15
4-15
1
6-
.
4-15
75c
7% preferred (quar.)
(quar.)
7%
(quar.)
McColl-Frontenac Oil, Ltd., 4% pfd. (quar.)
McKesson & Robbins, Inc., $4 pld. (quar.),
Corporation
7%
12-11
3-31
5-
34 %c
Tanning
1
4-15
6-14
30c
B
414%
(quar.)—
5-
4-15
1
1
t75c
Co.—
Brewery
3-27
t8%C
Co.
1
5-
10c
Inc.
5-
7-
(quar.)
Co., Ltd., preferred
t75c
$3
Die
4-30
4-15
(James) & Sons Co.—
3.85%
preferred (quar.),
1
$1.50
$15c
Lees
3-20
75c
4-25
,
4-15
t50c
M.)
Leece-Neville
3-15
5-
t$1.75
6-23
.
5-15
1
(s-a),
iL.
Lee Rubber & Tire Corp.
4-15
4-15
5-15
(quar.)
4-25
t $ 1.75
preferred
convertible
7%
4-10
56 %c
(quar.)
6-23
5-15
5-
Mercury
pfd.
7%
convertible preference (accum.)
Lebanon Valley Gas Co., 6% pfd. (quar.)
Canada,
4-30
McBrine
35C - V
shares
Langley's" Ltd.,
4-15
$1
$50c
1*
75c
Utilities
h.),
class
Class
5
$1.25
(quar.)
Co.
$2
4-10
4-15
••~
■5 %
7
25c
v'Quarterly
Guardian
5-27
4-30
50c
Guarantee Co. of North America (Montreal)
Guaranty Trust
3-31
5-30
62 %c
(quar.)
(quar.)
Co.———
Western
preferred
9-15
Stores—
"A"
&
1
10C
—i—
(quar,).
(quar.)
Company
Tap
10-
25c
Co.
preference
0-14
15C
Great American Insurance
(quar.)——-—
Great Lakes Power,
Ltd.—
Greenfield
1
$1.12%
Rubber
Mines
9-15
15c
—
&
3
7-
15c
1*
5-
$1.50
414% preferred A (quar.)
414%
preferred A
(quar.)
414% preferred A (quar.)
Kroger Co., 6%
1st preferred (quar.)
6%
1st preferred
(quar.)
7% 2nd preferred (quar.)
7%
2nd preferred
(quar.)
7%
2nd preferred (quar.)
Krueger (G.) Brewing Co. (irreg.)
Lamaque Gold Mines, Ltd. (interim)—
Lamston (M. H.), Inc., $6 preferred (s-a)!-,
Landis Machine Co., (quar.)
Quarterly
—
Quarterly
—
Lane Bryant, 414 % preferred (quar.)
Langendorf United Bakeries, Inc.—
6-14
25c
5-
5-20
50c
—:
S-3
Series
7-
*■
5-20
25C
v
5-15
6- 2
6- 2
(quar.)
2%
Kroehler Mfg. Co.;
5-
•
(F.
Kirkland
15c
—
preferred
Grayson-Robinson
$2.25 preferred
'
3-31
1
4-10
•»
common
preference
Grandview
■
1
4-17
Ltd.. common (quar.)
Rubber, common (quar.)_
&
convertible
Goodyear
,
5-15
3-31
15C
quar.)
preferred;, (quar.)
Gladding McBean & Co._
6%
1
1
15C
$4.50
v
5-15
1
5-
5-15
—
(E, F.)j^ Co
Safety Razor, $5 preferred
Common
t
1
t$1.25
Refrigerator Co.
(quar.)——-,r—
Giddings & Lewi#;:Machine Tool (quar.)'—,
...
5-
5-15
,
Gibson
7%
5-15
preferred
$3
Co.,
$G 1st preferred (quar.)
McCabe Grain Co., Ltd., class A
$37 Vic
preferred
(o.uar.)
Kennedy's, Ins., common (quar.)
$1.25 convertible preferred (quar.)
Kentucky Utilities, C% pfd. (quar.)
Kerr-Addison Gold Mines, Ltd.
(interim)
Keystone Custodian Fund, series B-2
1
f20c
-
$7
5-
$1.50
(quar.)
common
Maytag
4-10
5%
5-
$1
Brewing Co., class A (quar.)
,,Class A (quar.),,.
Class B (quar.)
Class B (quar.).,,,
Gerity-Michigan Die Casting Co. (irreg.),,
Green
7
5-
•
Resistance
Mutual,
Common
Steel
Steel
4-10
1
■
3-31
6- 2
75c
McClatchy Newspaper,
preferred A (quar.)
Jersey Central Power & Light—
4% preferred
(quar.)
Jewel Tea Company, 414% preferred (quar.)
Johns-Manville, 314%
preferred (quar.) —
Johnson & Johnson, 4% 2nd pfd. (quar.) —
Joplin Water Works, 6% preferred (quar,).
Journal Publishing Co. of Ottawa, Ltd.—
Quarterly
K. W. Battery Co. (quar.)
Kansas City Southern Railway—
4% non-cum. preierred
Kellogg Switchboard & Supply-
5-21
6-
$1.50
$1.37%
Genesee
•
•
10c
Wares, Ltd.,
preferred (quar.)—
$5
4-
7
6-
37 Vic
-W20O
(quar.)
1
1
5-15
$1.50
(quar.)
Castings Corp.—
convertible prefencd
(accum.)
5%
5-
6-12
25c
preferred
;r;$6
5-10
5-24
93%c
Service, $6 preferred
preferred
(quar.)
General
:
4-15
4-21
—.
Public
$5.50
1
7
4-18
4-15
common
Corp., com. (increased quar.)
Plywood Corp.
(quar.)a—---—1—
General
4-
1
Extra
t
4
5-
$1.25
General Paint
General
4-
4-21
6c
37Vic
(quar.)—.—
Advertising,
preferred
4-21
25c
—
1
5-
5%
15c
43c
(irreg.),
5-
McCall
(quar.)
(quar.)
Jantzen Knitting
4
25c
pfd. A (s-a),—
(Boston)
preferred
preferred
General Outdoor
4-
Jacobs
40c
Inc.——.
$5
4-21
5
4-10
$37%C
Fireman Manufacturing
Quarterly
Quarterly
5c
Corp., 5%
(quar.)
i Common
5-
20c
—
_
General Finance
General
Iron
10C
—
6%
Investors
12 %c
55c
50c
25c
12%c
20c
(quar.)
common
4'
3-31
4-19
75c
85c
93%c
May Department Stores, common (quar.)—
$3.40 preferred (quar.)
$3 75 preferred
(quar.)
1
3-31
4-15
20c
Max
4-15
1
4-15
Co
&
4-15
5-
Hosiery
Investment
10C
(Louis)
Grain
—
,i $3.75
4-15
1
t$l
l——
—
.
5-
Factor
*
(quar.)
1
$1.50
Corp.
(quar.)
Mills (increased quar.)__
Investment Foundation, Ltd.—
6% convertible pref. (quar.)
Investors Management Fund, Inc.—
Interstate
20c
preferred
1
5-
4-15
3-31
6214c
(accum.)
participating
5-
$1.50
($5)
convertible-
International
9-15
1
4-22
150c
(quar.);
.,,,
International
6-16
1
4-15
$1.25
.'$2.20 preferred (quar.)
Fyr-Fyter, class A (quar.)
'Class B
(Irreg.)
Gabriel Co., 5% convertible pfd. (quar.)—
Gamblo-Skogmo, Inc. com..—
1_;
;■$ Class B
Gardner-Denver Co, (quar.)
1
General Baking Co
—^
General Capital Corp.
(irreg.)
General
10-
preferred
G%
$8
^Quarterly
Froedtert
7-
T/o
7
4-
preferred
7%
preferred
5%
5-
62 %c
Harvester Co. (increased quar.)
11-20
3-20
4-30
4-21
Light Associates—
$1
(quar.)
4%
4-15
28c
50c
(interim)
Milling Co.,
8-20
1
135c
(s-a)
Ltd.
———
1
4-17
J-rtr.
-
Co
Co.
Companies,
Extra
-
-
1
9-
37%c
37 %c
prior preferred (quar.)
Foundation Co. of Canada, Ltd. (quar.).
$1.25
(quar.).
International Nickel Co. of Canada, Ltd.—
5-20
6-
12-
10c
(quar.)
9-20
12-20
Ltd.—
for ordinary
International
3-31
3-20
(irreg.)
15c
preferred
3-31
4-15
50c
Trust
Power &
$2
9-30
12-30
—
participating
4-15
Massachusetts Utilities Associates—
$1.25
—
International
5
4-
4-21
4-15
17%c
17 %c
17'/2c
:—
6%
3-31
4-15
$1
1
6-20
6-30
$1.25
(quar.)
Co.
Common
4c
Stores, 7% pfd. (quar.)
preferred (quar.)
preferred (quar.)
Fcit Fitt Brewing Co. (quar.)
Foster-Wheeler Corp.—
Fiaser
4-15
75c
7%
Franklin
1
—
7%
Four-Twelve
5-
Fund-—
Fltzsimmons
V
1
....
....
Firestone Tire & Rubber
;
Massachusetts
5-
5-15
4-15
120c
11714c
(quar.)
Field & Co. (quar.)
Investors
3-31
50c
1214c
preferred
Marshall
Massachusetts
18c
Investors (Increased)
Associated Telephone Corp.—
preierred (quar.)
Indianapolis Power & Light, common (quar.) •
International Accountants Society,
class A
'Class B
iS'-W
..-,<-.1
i
International Bronze Powders, Ltd.—
4-15
$1.50
(quar.).
5-
1
Indiana
4-10
$1.50
4-16
56 %C
$2
4-15
4-15
5-
Co.—
Marine
7%
4-25
25c
Incorporated
3-31
3-31
1
Machine
5%
Zinc
(San Francisco)—
Firemen's Fund Insurance
'-'.V' 71 'Quarterly
4-15
4-15
$1.75
preferred (quar.)—L
Fireboard Products, prior preferred
4-15
(quar.),
-Bonus
Co.—■,
prior
3-31*
5-
$1
j
—
15c
RR.
8-12
8-15
50c
1%
preferred (quar.)
Fibreboard Products, Inc.—
4-15
Magnesium Products
Maritime Telegraph & Telephone Co., Ltd.—
Common
(quar.)
(final)
t$l
>.
.«>
$4 pfd.
Imperial Chemical Industries,
American
deposit
receipts
4-19
(quar.).
common
3-31*
Co
Terminal
Extra
$1.50
Finance,
4-15
20c
Illinois
7-15
4-29
(quar.)—.
Marchant Calculating
Increased quarterly
45C
Co., common (quar.)
$2.25 preferred
(quar.)
Huttig Sash & Door—
5%
preferred (quar.)
5%
preferred (quar.)—
5% preferred (quar.)
Huyler's, $2 paitic. 1st preferred (s-a)
$1 convertible 2nd preferred (s-a)
Illinois Povter Co., 5% conv. pfd. (quar.),,
$6 pfd. dividend arrears ctfs. (accum.).,
6% pfd. dividend arrears ctfs. (accum.) „
of Canada—
Co.
4-11
—
Illinois
10-15
4-29
—.
preferred
1
1
37 %C
Interim
<.
8-
11-
$1.06%
(quar.)
convertible preferred
4V* %
50c
50c
-
~,—
.
■'<
5-1
93%C
& Power,
Corp.
Hussman-Ligonier
Hoving
7
4-
4-25
35c
Products, Inc
Brewing Corp.
Farmers & Traders Life Insurance Co. (Syra¬
50c
(quar.)
Houston Lighting
il-15
5-
preferred
3%%
$-15
12-
$25C
.'
Extra
4-18
Hardart Co. (N. Y.)
Corp.—
Common (increased quar.)
4-16
$1.25
(quar.)
1
Extra
uolderi
Payable of Rec.
(quar.)
4-10
5-
Household Finance
4-25
18c
Mlllwork Corp. (initial quar.)——
Employers Group Associates
(quar.)———
Erie Railroad Co., 5%
preierred (quar.)—
6%
preferred (quar.)——
5%
preferred (quar.)
Esmond Mills, Ltd., 5% preferred (quar.),.
Esquire, Inc.
Eureka
Pipe Line
(irreg.)
Eversharp, Inc., common (quar.)
class A pfd.
Co., $2
Fund
C.)
Bond
Manhattan
5-15
&
Horn
—
Empire
(R.
Mahon
4-10
5-15
$5c
5
4-
V
Share
• ■/
30c
Horder's,"inc7 (quar.)"
4-15
25c
quarterly
Name of Company
Payable of Rec.
$15c
(annual)
Home Oil Co., Ltd.
7
15c
25c
Elgin National Watch Co. (quar.).
Ely & Walker Dry Goods
—
-'Emerson Radio ft Phonograph-
*
Share
Name of Company
When
Per
Holdere
When
Per
When
Holdert
Payable of Rec.
Per
Share
Monday, April 14, 1947,
COMMERCIAL & FINANCIAL CHRONICLE
THE
12 ViC
:
6-
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4585
165
J;: ?
Name of Company
Match
Ohio
Oklahoma
4%
25c
preferred
Oliver
4-15
2-24
55c
4-30
20c
4-15:;
3-31
50c
5-15
5-
Gas,
preferred
$0.59375
5-15
6-
1
common
(quar.)
A
Corp.,
Elevator
Outlet
(quar.).
Coast
4%%
Aggregates—
Coast
Terminals
Pacific Finance
5%
Gas
(s-a)
(Del.)
(quar.)
Pacific Lighting Corp., $5 preferred
Pacific
Pcitland
>6%%
Public
50c
$1.25
(quar.)
$1.62%
*
t
Corporation
Mfg.
Parke
Co.
4-28
>:
v-
(quar.)
;
50c
■—
-
7
*
3-31
Parker
-
(8. C.)
Pearson
it Co., 40c pfd. (quar.)
'^ preferred (quar.)...
Telephone Co., com. (quar.)_i__
•Common
•'
'
(quar.)
preferred (quar.).__
$1
preferred
$1 preferred
r'$1" preferred
-
~
$1
*'
1
.
>
5-15
5-
5
8-15
8-
5 "
25c
11-15
11-5
25c 2-15-48
2-5-38
—_______
._
;
-
'
Extra
::
1
6-1
5-
1
6-
5-
1
1
Perkins
Machine
1
4-11
50c
4-15
3-22
$1
$1
4-15
3-21
5-
$1.06'A
4-15
3-21
Company,
preferred (s-a)
6%
$1.25
Extra
4%
preferred
Piedmont
&
preferred (quar.).
Ry. Go. (quar.)...—
preferred
(quar.)
Tool
5-
1
4-
95c
5-
1
4-10
5-
1
4-10
35c
4-15
3-21
50c
4-21
4-
4-22
1
Common
7%
6%
Smith
(A.
O.)
non-cum
(quar.)
partic. preferred
of America, Inc.
(quar.)
(resumed)
Pressed
Metals
Prentice
(G. E.) Mfg. Co. (initial quar.).—
East Dome Mines, Ltd.
(quar.)
Price Bros.
& Co.,
Gamble,
Proprietary Mines,
Prosperity Co., 5%
Ltd. (increased
8% preferred (quar.)
Ltd. (interim)
preferred (quar.)
Public Service Co. of Colorado, com.
(quar.)
5% preferred (monthly)
6%
preferred (monthly)
7% preferred (monthly)
Public Service Corp. of New Jersey—
6% preferred (monthly)
6% preferred (monthly)
Puget Sound Power & Light—
$5 prior preferred (quar.)..
Purex
Corp., Ltd
Proctor &
—
Purity Flour Mills, Ltd.—
Redeemable preferred (quar.)
(Geo.)
Fund
1
6%
4-15
(irreg.)
Oats Co. 6%
preferred (quar.)
Power Co. (quar.)
Railroad Employees, 80c preferred (quar.)—
<Quebec
(quar.)
5%
7
1
3-31
preferred
4-15
6-10
4-15
4-
4-15
5-
4-
3.70%
7
3-25*
4-
8
New
4-
5
5%
4-15
1
5-
41%c
5-
1
5-
1
4-15
5-
1
4-15
50c
4-15
5-15
-15
-15
$1.50
1
4-21
$25c
5-26
20c
4-20
State
c-31
B
4-15
$2
Phosphate
of
Street
Steel
6-
2
4-15
3-31
West
Penn
25c
4-25
3-28
West
Point
50c
5-
&
for
$2.10
&
50c
Revere
Petroleum
(Boston) (irreg.)
(quar.)
$75c
5-
1
4-
5-
1
4-
$40c
9-
2
8-
12-
1
11-
(quar.)
1
52'Ac
15c
5-
1
**7%
lfct
5-
1
15c
5-
1
8
Robinson
(quar.)
Cotton
Y.)
f
(quar.)
Corp.
Rothmoor
A
Corp.
(initial)
Corp. (initial)
Clothier, common (initial)
Corp., $1.25 pfd. (quar.)
Electric
Securities
2nd preferred
Oil Co.,
4'A%
Corp. of
Co.
Hughes
3
4-25
20c
Wilbur
,4-15
1
4-
5-
1
1
9-15
7-
1
6-14
10-
1
5-
1
$1.12%
5-
1
4-10
(quar.)____
.
50c
4-21
4-
25c
v
-
4-15
4- 5
5-
3-17
$1.25
1
20c
5-15
1
2
4-15
5-
_*_
$l0c
1
5-1
Treesweet
5-
1
5-15
4-30
5-15
5-15
Products Co.,
$1.25
pfd.
(quar.)_
31'Ac
4-15
4-15
4-15
4-
4
4-
Tuckett Tobacco
4-4
4-15
5
4-15
4-15
83/4C
4-15
4-
4
4-
1
4-
1
8-9
25C
11-15
11-10
Udylite
;
pfd.
Corp.
Bag & Paper
Electric
$3.50
7%
Co.
preferred
Corp.
of
(extra)
(quar.)
$$1.75
4-15
4-15
4-1
25c
4-15
4-
7
(quar.)
5c
i
4-14
37 %c
$1.25
4-
87 %C
92 %C
$1.12%
5-15
4-30
5-15
4-30
5-15
4-30
1
5- 1
4-15
5-
1
"4-25
5-
1
/ 4-25
6-2
5-15
>
5-15
4-15
4-15
<
$$1.75
6- 2
4-25
4-
8-15
v
8-12
Y
-a
«
4-1S
5-15
$1.50
5-15
4-16
$1.12%
(quar.)__
4-15
3-17
5-1
4-15
5-
1
4-15
4-15
3-31
$37%C
4-15
3-14
$35c
4-15
(quar.)
3-14
75C
5-15
5-
A 75C
8-15
8-1
75c
11-15
ii^?i*
75C
common
2-15-48
2-1-48
1
'
$1.25
5-15
$1.25
8-15
8-
1
$1.25
11-15
11-
1
5- 1
$1.25 2-15-48
2-1-48
Stationery Corp.—
1
6-18
93%C
5- 1
4-10
B0C
5-1
4-19
50c
5-1
4-19
5c
4-15
4-v"l.
25c
4-15
3-31
$1.75
4-15
$1.25
5-
'
_^_uOil
7-
$1.25
Products—
Corp
7%
preferred
Chocolate
(quar.)
4-
1
Co.—
(quar,)__.
1
4-19
4-9
$1.12%
4-15
$1.12%
4-15
3-31
$$3.50
5-1
4-15
preferred
1st
,'iV
pfd. (qUar.)
(quar.)
preferred
(accum.)
Cotton
v
3-31
7-
>
1
6-20
6-20
6-5
10%
6-20
6-5
———
$1.12%
6-16
(quar.)_
$1.12%
6-16
common-
dividend
Wrigley (Wm.)
Monthly
50c
:
,
—
Co.
Yellow Cab
'■
6-
2
5-20
25c
7-1
6-20
25c
8-1
7-19
37%C
4-30
4-19
7-31
7-21
5-1 '
4-15
_
convertible preferred
convertible preferred
(quar.)
;
37%C
(quar.) _____
'
!'
(quar.)
Zellerc, Ltd., common (increased quar.)
5% preferred (quar.
6% preferred (quar.)
—:
xLess
30%
$Payable
resident tax
4-20
5- 1
Company—
6%
■
£
—4
6%
s
6-5
•
25C
(monthly)
■
-
6-'; 5
25C
Jr„
Monthly
Monthly
•Transfer
Missouri—
$3.70 preferred (quar.)
$4.50 preferred (quar.)
4-16
50c
'
$25c
—_
5-
1
$31'Ac
5-
1
4-15
*5- 1
F?4-;$
$37%c
'
3-31
25c
Co., Ltd.,
1
4-16
62'/2c
4
"
...
25c
8-15
r
1
'4-
*
6-10
25C
.
6-15
25c
5-1
50c
York County Gas" Co.
-
333Ac
$1.75
pfd.
4%% ; prior preferred (quar.)
4%% convertible prior preferred
4-10
i
5"■
4-15
'
4-17
Stock
4-30
15C
5-20 ?
15c
(s-a)
Worthtngton Pump it Machinery,
4-30
60c
3-31
'
150
4-19
Woodside
4-10
5%
9
> 3-31
4-18 >
4-18
,
4-30
7%
4-10
__
4-1
Y.j—
25c
1
______
(quar.)
$4.50
4^
$1.50
3-31
5-
—
Trinity^ Universal Insurance Co, (Dallas)—
4-19
17'/2c
,
4-15
$1.50
5
'
5-1
3-31
$1.75
Mfg. Co., common (quar.)
$2.40 convertible preference
4-19
3-31
4-15
4%%
4-25
30c
(quar.)
$1.75
5
6H
10c
4-21
6-
6-
y 4-15
Wood, Alexander & James, Ltd.—'
4-15
5-
$5C
$1
&
$1.50
$1.12%
Corp,
Suchard
7-15
6-15 >
5-Sf- 400-
(quar.)
preferred
1 -V
6-15
75C
8
20c
Mines,
dividend
4-15
8-
$;
Wisconsin Gas it Electric, 4%%
4-14
(quar.)
California
5-
Light Co., $6 pfd.
preferred (quar.)
Stock
5-1
C
40C
■4-
Wisconsin Electric Power Co.—
6% preferred (1897) (quar.)
5
5-
9-15
15c
Power
Thatcher Glass
6-14
1
7%
4-15
7-
10-
Texas
•4- 3'
37'/a
Will it Baumer Candle, common
Wii.son-Jones Co. (irreg.) _________________
8
5-15
25c
31'Ac
$1
(quar.)
Gold
4-21
37 %c
preferred
River
6-20
4-15
4-15
(quar.)'
Chlorine
Wichita Water*
Co.—
(accum.)
class A pfd.
Union
(quar.)
....
&
Union
(quar.)
Class
5-
Hydro-Electric Corp.—
$3.50 preferred (accum.)
4-15
5c
(quar.).
Roper (Geo. D.)
1
50c
.
Co.
5-
50c
(quar.)
.
Extra
2
—
4-15
$1.75
Ltd.
6-
Ltd. (interim)
Tennessee Products, common (extra)
4-10
1
$1.75
Rochester-American Insurance Co. (N.
y,; Quarterly
Rochester Button
1
5-
$1.75
(quar.)
Mills,
5-
$1
$1.75
.
(N.
3
Container
Teck
6-10
$1.31'A
(quar.)
(quar.)—
(quar.)
(quar.)
Richmond Insurance Co.
6- 2
5-
Wichita
Texas
preferred
2nd preferred
4-15
(s-a)„_—
Tacony-Palmyra Bridge, $5 preferred (quar.)
Talon, Inc., 4% preferred (s-a)
Taylor & Fenn Co. (quar.)
4-15
50c
common
4-30
25c
:
•
r
1
$4
(quar.)^C—^
Whiting
-7-1
12-
T'£
32C
6-16
10-10
56c
(quar.)_
1'
5-1
$1.25
9-30
1
6-30
7-10
37%c
pfd.
$3.75
$5
Super Mold
4-15
6-20
10c
preferred
9-
1
20C
preference
Westvaco
6-2
20C
(quar.)
White Sewing Machine—
;
v ■;
$2 prior preferred (quar.)
$4 convertible preferred (accum.)
4-
4-15
45c
(quar.)
Corp.
SuDerheater
4-15
4-25
12'/2c
_•
Dry Goods,
1st preferred
2nd preferred
Warner
Wells
$4
4-18
60c
& Co.
Suburban
I
$40c
& Brass, Inc.—
preferred (quar.)
Rice-Stix
(J. P.)
4'/2%
5%
8
$75c
Products
Textiles,
Struthers
1
3-31
4-15
35c
—
4-
4-
15C
50c
Ltd., class A
Western Tablet &
3-15
4-15
9-10
-
$1.75
(quar.)
Common (quar.)
Common (quar.)
5% preferred A (quar.)
5% preferred A (quar.)
5% preferred A (quar.)
5% preferred A (quar.)___
6-12
6-30
50c
10c
Stern
Strawbritige
Co
$2 preferred (quar.)
7%
5-
4-10
25c
&
Stone
4-21
1
Copper
5'A%
V 7%
1
6-
1
6-20
12-10
$1.75
Common
six
Extra
Engineering—
Rhode Island Public Service, class A
7%
5-
$40c
Aluminum
Stewart
Sun
convertible preferred
Republic
4-21
5-
9-20
12-22
■
6-10*
..
$1.75
(irreg.)
Co., 4%%
Western Pacific RR.,
4-10
1
4-15
26C
.
1
4-i8
25C
$1.25
$1
2
1
710-
1-2-48
62%C
Breweries
$1.40
6-
6-11
5-
4-10
62 %0
Co.
Western Grocers,
$15c
each
Mfg.
4-15
6-4
62 %0
(quar.)
Power
;4-18
4-30
20C
(quar.)
preferred
Western
4
Acid
of Canada, common
preferred
(quar.)
Stevens
4-
4-15
Investment
preferred
£4*»it
,5-
$1.06'A
f
3-25
4-15
•
81
«
K
1
5-
50C
4-15
1
4-15
5c
Common
6-13
1
7%
4-15
$2.50
Penn Electric Co.—
4-15
4-19
4-15
50C
■
(quar.)
Electrxo—
Co.
3-28
C
-
1
■V
62%C
>
(quar.)
convertible preferred
1
5-
$56'AC
'
17%c
________
common
Weatherhead Co., $5 preferred
Wellington Fire Insurance Co.
West
15
'
^
(quar.)
3-28
4-15
'4753
(J. E.), 5%
Railway it
preferred (s-a)-_
5% preferred (quar.)
4-30
5-19
,87 %C;
preferred
Securities
4rl9
6- 9
/
50c
;
„
6%
—
5-23
5-
"
Washington
4-30
2
$10c
stock
common
Co.
Stern
6-13
25c
4-15
1
8-30*
4-10
6-1
$2
,
preferred
$4.50
7
5-
5-31*
9-20;
4-19
75c
<
non-cum.
$4.25
4
60c
4-10
(C. A.)
54-
6-
(quar.)
8
$1.75
5-15
4-15
$1
(irreg.)
6-15
Co., class B
$2 preferred A (quar.)
V
4-15
4-15
1
4-15*
6-19*
46-20
4Q0
convertible
Sciver
6%
5-
Republic Investors Fund—
,> v 6%
preferred A (quar.)
7^6% preferred B (quar.)
Republic Natural Gas Co. (s-a)
-v
1
1
5-
4-15*
5-1
20c
Transit
93 %C
15c
Reliance Electric
.
5-
5-
40c
preferred (quar.)
25c
1
4-15
$l0c
(quar.)
7-
5-15
$$1.25
common
1
1
4
4-15
.7-. 1,
•
/,40C
_
preferred (annual)-,
Walker & Co., class B (increased)
Warner Company ______
Warren Bros, Co., class A (guar.)
-Class B
(quar.)__i_.____.
Warren Refining & Chemical Co
Washington Gas Light, common (quar.)
•
(initial)
class
1
22 %c
4% %
..V
(This cash dividend will be paid on new
common as well as on the old stock)
3-31
7-
6-
held.
shares
3-31
$1.25
convertible
Wawaset
Sterling
•
•
com¬
Sterling Electric Motors, common
Regent Knitting Mills, Ltd.—
$1.60 non-cum. preferred'(quar.)
$1.60 non-cum. preferred (quar.)
$1.60 non-cum. preferred (quar.)
?
35C
(quar.)
Co.,
1-
5-
'
Wabash Railroad Co.,
7-11
4-11
com¬
old
7-15
4-15
Ltd.—
4-21
prior preferred (quar.)
preferred (quar.)
8-15
97 %C
4-21
common
5-15
$1.03%
1
Co.,
(s-a)_I.
pfd.
Foundry Co.. (quar.)
4-
5-
$1.75
(N. J.), 4%%
Virginian Railway, 6% preferred (quar.)___
6% preferred (quar.)
Visking Corp., class(A (quar.)
: Class1 B
(quar.)_-ii,_____.w>--.
Vulcan Corp., $4.50 preferred (accum.*
Vulcan Detinning Co., 7%
pfd.
(quar.)
3-31
6-16
9-15
:■*
35c x
(qua1.*.)
share
One
4-18
4-25
Co.
preferred (quar.)_
preferred A (quar.)_
preferred B (quar.)__
Vapor Car Heating Co., 7% pfd. (quar.).—
7% preferred (guar.)—
7% preferred (quar.
Velvet Freeze, Inc., (quar.)
Vertientes-Camaguey Sugar Co. (quar.)_i..__
Victor Equipment Co.
(irreg.)
Virginia-Carolina Chemical Corp.—
,6% participating preferred (accum.)
4-15
4-15
$1.50
—
1
92%C
Stanley Works (stock dividend)
1
4-25
Co..
Wholesale
Works
3-31
5-
5-
6-16
4-18
y
25c
>'kCommoA> 4ifreg.)^'
7% preferred. (quar.)
$1
3-31
(quar.)
Stanley Brock, Ltd., class A
Class B
(quar.)
4-11
5-31
4-15
$1.20
(quar.)______
(quar.)
Ltd., 4'/2%
Tube
Standard
3-25
5-
15C
5-15
!
$1.75
Quarterly
6%
3-20
Oil
Co.
(Ohio) —
preferred A (quar.)
Standard
3-28
15c
•
Lines
S_ Pipe it
Van
4-18
4-15
Standard Steel Spring Co., common4%
convertible preferred (quar.)
4-15
$1.25
5-15
4-15
1
■4}.-
V-
4-18
—
new
of
5-
7%
l"
5-15
■
shares
5-
Reed
-
3-31
(initial)-
com.
50c
<5%
-
3-31
4-15
15C
(quar.) _'
____________
(Dallas)—
75c
Real Silk Hosiery Mills,
i
3-20
4-15
$1.25
Service,
five
Chemical
common
7%
(increased quar.)
preferred (quar.)
Reading
,
4-15
37'/2C
(quar.)
$3
,
3-20
$1.25
Common
-
4-15
L
preferred
33A%
Raymond Concrete Pile—
•
4-15
4-19
Standard
3-15
50c
each
Standard Fuel,
4-15
50c
53'Ac
$1.50
(quar.)
5-15
5-15
(quar.)_
Eight shares of
preferred
preferred
preferred
Standard
8
5-
.
4-1
4-15
37 '/2C
Spartan Mills
(quar.)
Springfield Gas Light (quar.)
Squibb (E. R.) & Sons., $4 preferred (quar.)
1
4-15
$3c
$1.25
41'Ac
1
4-15
1
5-15
$$1.50
(increased)
Insurance
held
4.15%
3-15
$2
5'
35C
for
3.90%
5-10
25c
3-31
5-15
5-26
$1.12%
—
—
mon
3-20
25c
participating preferred______^__
Air Conditioning, 7% pfd. A
Industrial Chemicals (quar.)
S.
_____
preferred
Life
mon
3-20
$l'/2c
$$3
non-cum.
Stock dividend.
5
4-15
$$1.50
$75c
Railway Co.—
preferred
Southwestern Public
4-11
1
.
4-15
(quar.)
Quarterly
Quarterly
3-31
5-
1
Co., 5% preferred (quar.)__
United Wallpaper, Inc., 4% preferred
(quar.)
Universal Leaf Tobacco, common
(quar.)___
Universal Pictures Co. (quar.)
Univefsal • Winding Co.__-r_____^__________.
Utica Knitting Co.— -,,,' u
.
5% prior preferred (quar.)
5%
piror preferred (quar.)
5%
prior preferred (guar.)
.1
r
Utility Appliance Corp.—
& Electric—
non-cum.
Southwestern
3-31
90c
4-21
-
3-31
25C
Southern
4-
7-
.__
United Steel Corp.,.Ltd., 6 % pfd. A (s-a)
"
(auar.)
1
4-15
$1.25
preferred
4-21
37'Ac
5
$1.25
4-15
2
United
75c
(quar.)„
4-
4-18
1
6-
3-31
34%C
pid.
4-18
4-18
5-
50c
Mfrs., Inc.— * '
(quar.)
4- 4
37y2C
(quar.)
4-
4-
50c
&
1
$19c
Ltd.
4-21
4-15
..
Merchants
4-30
$50c
(quar.)_
4-15
4-15
5-15
$50c
50c
3-
2
United.^Stockyards Corp.-—
__
pid.
Co.
6-
$25c
4.8%
4-15
*
25c
1st preferred
4-10
$25c
(quar.)
participating
Southern Indiana Gas
Railway Equipment & Realty Co., Ltd.—
Common
Power
53c
70c
preferred
(quar.)
i
;
Southern New England Telephone (quar.)
15c
Quaker
6%
A
5-15
4-15
7"
U. S. Smelting Refining it Mining—
'
133Ac
4-15
1
Extiu year-end
•
•v
?
3-20
\
V. -8. Plywood. Corp., common (quar.)_
U. S. Radiator Corp, 6% pfd. (accum.)___
.17. S..Rubber Co.,. 8% preferred tquar.)___
4-15
1
3-20;
4-15
-
w:
—
Southern Colorado Power Co.
3-31
4-15
4-21
>
3-31
5-15
Co.—
4-15
1
tl.
4-10
4-15
Railways
5-24"
50C
2
U. 8.
6-10
25c
&
4-15
6-10
50O
J.
4-15
1
6-
>■
'
4-18
133Ac
(quar.)
1
5-
25C
Cos________;.___,____...
j'
Non-cum
^4-14
?:i
Coal
5-
5-
U.
9
4-15
1
5-
4-30
15c
10c
5-
U. S.
.
25c
5-30
(quar.)
United National Corp.—
.
5-14
1
5-
class A
1
53c
5%
4-18*
5-26
$30c
4-15;
—
Light
United
Southern Canada Power Co.-r-
3-31
1
''
4- '1
6- 2
$20o
Common
37 %c
5-
it:
4-
5-
5-15
58'/ac
7
6-16
5-
Tool,
,
1
$1.25
1
4-
5- 1
10c
,
Gas, 6%
(quar.)
California
1
$62'/2c
(Boston)
preferred
4-
5-1
6-
$37c
58 %c
.
.4-18
«
25c
$30c
(quar.)
(quar.)
California
4-
1
1
87'/2c
;
(quar.)__
preferred C
10-
4-15
5-
5-
;
prior preferred
(monthly)
prior preferred (monthly)
6.36%
prior preferred (monthly)
6.36% prior preferred . (monthly)
6% prior px-eferred, (monthly)
6% prior preferred'(monthly)
1
25C
original preferred
4-22
5-
4-15
5-15
7%
Paper Mills, Ltd.—
Edison,
8
100%
.7%
3-31
5-10
91'Ac
-
Corp.——
California
Southern
United
.
3
4-
4-25
85c
—
South Pittsburgh Water, 4'/2%
Southam Co., Ltd.
(quar.)
6%
4-15
25C
,
4-
V 4-15
10c
V
•
...
$2 preferred
(quar.)
:
Solar Mfg. Corp., 55c conv. pfd. A (quar.)_
Soundview Pulp Co., common (quar.)_—
6% preferred
5'/2%
$1
&
B
Fruit
:pv\
50c
....
'
8'
5-
'
Drill
,Extra
3-31
Canada, Ltd.
(quar.)
preferred
5%
4-15
25C
„
(quar.)
Electric
12-13
'
Southern
1
4-15
V-'
A
United
8-21
5-
4-15
12-20
,.
(quar.);
(Howard)
5-
2
\
/'
B
United
.
Common
4%
4-15
133Ac
250
Simplicity Pattern Co,-?-*
"J '' C 1
5%% convertible preferred (quar.).
Sinclair Oil Corp. 4quar.)
Slater (N.) & Co., Ltd. (quar.)
10-22
5c
1st preferred
6%
$$2.50
TOO
(quar.)-
preferred
2
6-
.
$26c
class
Class
6-14
common.,--
of
4-10
C-
25c
(stock dividend)
Corporations, Ltd.—
United
,•
...
50c
40c
50c
Portland Gas Light, $5 preferred (quar.)...
Potomac Edison Co., 3.60% preferred (quar.)
Power Corp of Canada, Ltd.—
;
(Ed.) & Co.,
50c
$1
37'Ac
(quar.)
Plymouth Cordage Co., common (quar.)
Employees Special Stock (quar.)
3-31
(D.
Southern
9
15c
Co.
5- 1
Scott Paper Co., $3.40
Scovill Mfg. Co., $3.65
5%
Pittsburgh Screw & Bolt Corp.—
Increased quarterly
Plllsbury Mills, Inc., $4 preferred (quar.)
Putnam
1
$1.10
$1
5%
Northern
$$1.75
6-30
11'Ac
(quar.)
Phillips-Jones Corp.,
Preston
7
4-
90c
(quar.)
Piper Aircraft, 4%%
>
4-21
25c
preferred
Plomb
4-
1
4-25
$1.50
Philadelphia Electric, 3.8% pfd. (quar.)—
4.4% preferred (quar.)
Philadelphia National Insurance (s-a)
Philadelphia & Reading Coal & Iron.
Philadelphia Transportation Co., common..
Participating preferred (s-a)
Participating preferred (s-a)
Philip Morris & Co., Ltd., common (quar.)..
$3.60
1
5-
12 %c
(quar.)
common
5-
50c
Gear..
&
Philadelphia
3-31
4-4
75c
—
Marquette Railway Co.—
5% prior preference (accum.)
r
Distillers Corp
A.), Inc
L
Schulte
Smith
1
Pere
-
5- 1
______
'
4-
5-
$1.10
92'/fee
'
__
4-15
5-15
$75c$$1.50
____—
'
12-15
1-1-48
__
*
$40c
San-Nap Pak Mfg. Co———....——.
Sanborn Map Co., (quar.)
Sanger Bros., Inc. (quar.)
Schuster
Holier*
5-10
25c
3-21
■
-——___
—-
__
America
Carbon
Class
Associates,
.
Sherwin-Williams Co.
50c
(quar.)_l___„__'__^_„-__-.
Penman's, Ltd., common (quar.)
4
6% preferred (quar.)
L
Pennsylvania Electric Co.—
'4.40 %
preferred B.(quar.)___—
*3.70% preferred C (quar.).
Pennsylvania Power Co,, 4'A% pfd. (quar.).
Pennsylvania RR. Co. (irreg.)
Peoples Gas Light & Coke (quar.)
4-15
______
Loan
9-15
25c
(quar.)
Remedial
of
53
Payable of Rec.
25c
;____
4 $1.50
;
3-31
1
—_r_—-'25c
(quar.)
4-15
$25c
4-15
6-14
10-
4-18
25c
4-20
50c
(quar.)
4-18
4-30
20c
4-25
-50c
i Common
*
:
10c
31'Ac
Company," 5
Peninsular
-
4-30
50o
(quar.)
1
-
United
Co.
(quar.)_
Extra
-
5-1
1
4-23
4-11
4-io;
$1.50
5- 1
4-
i
4-30
4-15 i
Share
California
3
25c
7-
-
5-5;
;
United
(quar.)...—........—...
(s-a)
Schenley
'''•
4-10
.
preferred (quar.)—
preferred (quar.)
Scranton Electric Co.
(quar.):
Seaboard Oil Co.,-of Delaware (quar.)
Sharp & Dohme $3.50 conv. pref. A (quar.)
Shawinigan Water & .Powers..—
Sheraton Corp. of America-
~
4-15
75c
40c
5
5-
4-15
-
$1
-
..I.
4-
5-15
.
3-31
4-15
50c
40c
4-25
25c
Electric, common (quar.).
■
Francisco
Ltd.
Seml-annual
4-18
1
preferred
San
4-15 A
4-15
$1.50
„_i_
(quar.)_^
Co.___.__i:'_i.i
&
5-
75C
__
.
Coca-Cola
Davis
>•
32 %c
Bottling
Paraffine Cos., Inc., 4% preferred (quar.)—
Park & Tilford, Inc.: (quar.)
•___—
'f
3-31
i
> 4-15
4-
of
Biscuit
>4-15
class A convertible preferred
5%
-
(accum.)
Pacolet
Panama
4-15
3-28*
4-15
:
v;-4-.3V;;
Company
Co.
When
'
(accum.)
conv.
San Diego Gas it
Oil
United
•
40c
_
Service—
Packer
*•
1
4-15"
1
3-20
$1.75
Samson United Corp., 55c conv. pfd.
$1.30 1st preferred (quar.)
Pacific Telephone & Telegraph—
j
6%
preferred (quar.)
1
4-
5"
Cement—
preferred
Pacific
1
—
$1.25
& Electric
4-
4-15
25c
of California
(quar.)
(increased)
common
(accum.)
St. Lawrence Flour Mills, common (quar.)__
1%
preferred (quar,).
.
—___
St. Lawrence Paper Mills Co., Ltd.—
6%
preferred
(accum.)
4-15
$1.12%
4-15
(quar.)
4%
4-21
1
$$1.50
preferred (quar.)—
St. Croix Paper Co. (quar.)
St Lawrence Corp., Ltd.—
5
Name of
Payable of Reo.
Union
(quar.)
4%
3-31
4-
preferred
Per
Louisville—
of
(2045)
Holdert
When
Share
Co.
preferred
Russ Building Co., 6% preferred
Russeks Fifth Avenue (quar.)
S. & W. Fine Foods (quar.)
.
(quar.)
Corp.
preferred
Pacific
'
/
preferred
7%
3-20
1
5-
$1.25
convertible
Pacific
;•
5-
4-29
participating
Royal Typewriter Co.,
4-15
4-15
50c
25c
6%
4-15
5-15
Company
Royal Crown Bottling
4-15
5-15
$15c
Co
Company
Pacific
4-30
$1.12%
t25c
t$1.75
(quar.)_
Oppenheim Collins & Co. (quar.)
Orange Crush, Ltd. (initial)
Otis
Name of
1
(quar.)
Natural
Per
3-31
(increased)-
com.
4%%> conv. preferred
Ontario Steel Products, Ltd., com.
7%
preferred
(quar.)
•
Holder»
Payable of Rec.
Share
.
Co
Gas & Electric,
Oklahoma
4%%
-
When
Per
.
4-15
Jamaica income tax.
books
in
not
closed
Canadian
for
funds,
«7:».
this
tax
15%; resident tax i0**
tPayable in U. S. funds, less
.
15%
dividend.
deductible
a
at
Less British
the
source.
Non«
income tax.
Canadian non-residents' tax.
54
THE COMMERCIAL & FINANCIAL CHRONICLE
(2046)
making
steel
and 1
looking
CIO
Investment News
(Continued from page 16)
be
Public
under the
corporation
the
of
subsidiary
statutory
a
our
were
follows:
as
Hudson Power Corp. common stock
Hudson Power Corp. 5% cum. 2nd pref.
Corp.
Southern
8c
common
CALENDAR YEARS
INCOME ACCOUNT FOR
•;":f
■-
1945
$2-999'499
160,606
$3,?n?'9nn
————
——
$3,061,095
$3,171,269
dividends—,-.———————
from
Income
income
Interest
—
—
103,200
and expenses of officers,
Salaries; directors* fees
service
~
and"
Accounting
and
Corporate
99,124
employees
and
directors
XjC&rI
Rent, telephone, stationery
income
1J9'^4
12,673
142,298
26,438
*142,679
______$2,434,493
preferred stock
—
8,119,641
-
Dividends paid on
1
22,032
47,103
and other expenses-
$3
provision required for excess
——
1946
DEC. 31,
$101,845,586,
(par value $5 per share), $5,680,996;
common stock
(par value $1 per share), $14,529,492; accrued taxes,
other than income tax, $46,519; accrued Federal income tax, $144,650;
capital surplus (arising from reduction of carrying value of preference
stock), $51,128,963; capital surplus, $29,557,687; earned surplus, sub¬
LIABILITIES—Preference stock
12,900,772
1,685,028
610,000
2,550,000
793,832
J 2,946,987
525,000
500,009
$424,022
$2,485,183
$2,679,796
Fed.
1°46
Electric Co. common stock.
preferred into
N.
Y..
has
been
ap¬
Inter,
convertible
cumulative
taxes
Fed.)
629,094
(estji__j
v
income—
in
Net
;
4,770
loss.
'-Net
Dr979
24,018
£*2,944
$2,509,201
$2,676,852
420,727
427,300
1,702,627
1,709,200
40.901
52,785
12.480
20,204
40,000
100,000 shares of common stock.
V.
164,
Auto
items
in
charged
provision
Supply Co.
Period End. Mar. 31—
rales
$874,867
deductions.
to
surplus
for
Federal
tRepre-
equivalent
income
Combined
4,397,000
4,262,000
11,118,000
•
11,580,00®
sales
March
$7,634,000
$8,322,000 $22,010,000 $22,213,009
1947, there were 1,734 wholesale accounts which com¬
31,
pare
with 1,548
tion
at
the
of
end
earlier.
year
a
the
1947
There
period
245
were
retail
units in
opera¬
against 235 at the end of March,
1946,
Sales were
two
adversely affected, particularly in wholesale, by strikes in.
houses during March, the company reported.
These
on April 4.—V, 165, p. 1502.
wholesale
strikes
were
settled
Virginia Dare Stores Corp.—March Sales—
1947—8 Mos.—1946
$2,615,023
$2,096,014
1947—Month—1946
$256,762
$376,228
__
165,
Wheeling Steel Corp.—Sale of Martins Ferry Property
—V.
165,
page •11!
165,
1947—3 Mos.—1946
1947—Montn—1946
the
quarter 1947 business of the
representing
mark,
period,
1946
same
receive
W.
a
$9,000,000—
increase
that
over
has
President,
Jr.,
V
announced.
-
administrative
1912.
from
Union
Service
Net
-
.
stock, payable April
2, Feb.
received
of
10
total of
a
70
1947 to holders of record April
15,
each
cents
and March
14
cents
per
Wilson Jones Co. (&
of
goods sold
'
Net profit from
Other income
taxes
$235,000
32,000
deductions
$264,00®
193,000
__j
(est.).
81,00®
252,000 *
months
Net income for six
-
73,00®
$110,000
$391,000
beginning of fiscal
surplus
29,00®
$836,000
-
Provision for Federal income taxes
Earned
2,718,009
$804,000*
Total income
,
1946
$2,953,009
4,101,000
operations'!
Other
,
$1,786,009
17,126
$1,803,135
806,518
income
deductions
Income
Net
income
Dividends
stock
440,031
771,000
year
$1,162,000
Dividends
638,000
.
cash.
"The
'
$748,00®
197,000
164,00®
$965,000
$584,000
operations of The Standard Diary Co. are included in the
the six months ended Feb. 28, 1947, but not in the prior
figures for
year's figures.
$867,125
_
paid in
Earned surplus since Aug. 31, 1932
466,518
$556,586
preferred
on
$1,333,643
-—
_
1911.
$2,422,914
1,089,271
$996,617
income
Gross
$2,420,906
2,008
on
$4,905,000
935,039
829,074
287,400
345,300
9.
stock
common
*1947
•
and expenses.^
917,500
provision
the
:
:
958,247
793,494
Cr240,l00
__
on
Subs.)—Earnings—
6 Months Ended Feb. 28--
sales
made
were
this year. In 1946, the common stock
share.—V. 165, p. 1238.
14,
935,055
depreciation
operating revenue____
Other
Corp.
*
Distributions
$14,695,042 $14,280,887
10,117,037
8,890,968
income
services
Whitehall
common
Jan.
1946
1947
Maintenance
for
7.
The directors on March 27 declared a regular quarterly dividend of
$2 per -share on the preferred stock, payable April 1, 1947 to holders o£
March 20, 1947, and a dividend of 10 cents per share on the
Net
Operating revenues
taxes
April
record
Washington Gas Light Co. (& Subs.)—Earnings*—
General
of
Will & Baumer Candle Co., Inc.—Dividends—
'
12 Months Ended Feb. 28—
Provision
"Chronicle"
Sales
Street
of
165. o.
of
1947," he added.
Ground was recently broken for the construction of a new company
warehouse in Los Angeles.—V. 165, p. 363.
_
the
Corp;, New York, promoter and principal under¬
Fund, Inc., is also the general distributor of the
shares of Braad Street Investing Corp. and National Investors Corp.—,
"Operations in the company's plants would be greater but for
shortages of materials and manpower," Mr. Holton declared. "Copper
and copper content alloy,
pig iron, scrap and zinc remain in very
short supply."
The company Is in the midst of its biggest expansion program,
primarily in finishing and foundry equipment, Mr. Holton disclosed.
"Approximately $1,050,000 was spent for this purpose in 1946 and
about the same amount is scheduled for similar expenditure during
Operation;
in
is running close to the
company
considerable
Holton,
B,
and
;ch
rosea
Broad
writer
Walworth Co.—First Quarter Sales Near
First
$9,000,000
Corp,
this company, a balanced investment company and newest
of the Union Service group of investment companies, were
initially being offered publicly March 29, at $16.13 per share. A sub¬
stantial portion (at least 25 ri ) of the gross assets of Whitehall Fund,
will be held in cash, bonds ancl/oi" preferred stocks. The
company will
1502.
p.
Detrola
727.-
p.
Whitehall Fund, Inc.—Shares Offered—
$12,768,787 $11,489,145 $36,302,416 $32,695,447
-
-
—V.
165;
Shares of
Walgreen Co.—March Sales 11.1%'— Higher—
Period End. Mar. 31—
Sales
V.
member
1638.
p.
International
See
3638.
p.
Virginia East Coast Utilities, Inc.—To Merge and Sell
Securities—See East Coast Public Service Co. above
"Special
have declared a year-end extra dividend of $1.75 per
share and a regular quarterly dividend of 25 cents per share on the
common stock,
both payable May 1 to holders of record April 15. On
Feb. 1, last, a quarterly of 25 cents and an extra of 25 cents were paid.
In addition to four quarterly dividends of 25 cents each paid last
year, the company paid extras In 1946 asl follows: Feb. 1, 25 cents;
May 1, 50 cents; and Aug. 1 and Nov. 1, 25 cents each.—V. 165, p.
-
1947—3 Mos.—1946
$4,060,000 $10,892,000 $10,633,000
Dividend—
The directors
to
tax.—
(Mo.)—March Sales—
1947—Month—1946
$3,237,000
___
Retail sales __.-___.i___,;
elected Assistant
Bayne was
certain
reduction
40,000
$685,673
2592.
p.
Western
George
of
resulting
Wholesale
At
80,000
"*$266,830
♦$64,561
premium and miscellaneous
tAfter
portion
estimated
various -directions.
A,
1,594,218
2,350,009
2,853,443
$423,043
80,000
income
sentmg
and
Comptroller and
Secretary,—V. 165, p, 1911.
11,610,682
$246,377
long-term debt
on
\
*
$241,607
(Other Interest, amorti¬
zation of debt expense
corporation
Provision for Federal
U. S. Industrial Chemicals, Inc.—Extra
than
income
Gross
1946, $757,279; total, $101,845,586.
except The Cincinnati Gas 8c
1501.
other
inc.
Cost
NOTE—Option warrants are outstanding entitling* holders to pwr»
at any time without limit 3,732,059 shares of common stock
at $27 50 per share.
The indicated market value of "investments in
stocks of corporations" was $111,598,820.
These investments are car¬
ried at values based on those restated as at June 30, 1938, pursuant
to a resolution of stockholders adopted at a special meeting held on
p.
dividend
the $4
1911.
named
was
chase
165,
430.526
$934,506
spent over $1,000,000 out of earnings on new ma¬
other improvements in 1946.
By the end of the year
a greater part of the equipment at Peterborough bad been transferred
to Manchester and improved efficiency and considerably better oper¬
ating results are already apparent.
The Peterborough Division will
be converted into a finishing plant and as such should be in opera¬
tion by the latter part of this year.
At the annual meeting held March 27, John R. McLane and Harry
C. Robbins were elected directors of the corporation.
Eric G. Verney
—V.
(319,976 share* of
$8,464,366; 1,919,856
shares of Columbia Gas & Electric Corp. common stock, $14,973,876;
2,818,397 shares of Niagara Hudson Power Corp. common stock, $20,216177; 48,529 shares of Niagara Hudson Power Corp, 5% cumulative
2nd
preferred stock,
series A. $2,836,223; Niagara Hudson Power
Corp. B option warrants entitling holders to purchase at any time
without limit 140.530 shares of common stock at an aggregate price
of $50 per each l»/6 shares, $140,530; 1,542,318 shares of Public Service
Corp
of New Jersey common stock, $41,406,931; 46,870 shares of
American Water Works & Electric Co., Inc., common stock, $599,836;
125 900
shares
of The Commonwealth 8c
Southern Corp. common
stock
$257,300; 203,900 shares of Consolidated Edison Co. of New
York' Inc. common stock, $4,460,312; 3,175 shares of Consolidated
Gas Electric Light & Power Co. of Baltimore common stock, $200,025;
48,705 shares of The Lehigh Coal As-Navigation Co. capital stock,
$176 556* 3 334 shares
of Philadelphia Electric Co. common stock,
66 685*
131.332 shares of The United Gas Improvement Co. (capital
stock ' $2 170,623),
$95,969,440; United States of America Savings
Bonds
Defense Series F, $99,900; cash In banks, $5,776,246; total,
11, 1933
$5
economics
effect
chinery
Sales
ASSETS-—Investment in stocks of corporation
The Cincinnati Gas & Electric Co. common stock),
Aug.
—V.
1947
It
also mentions the liquidation of the Verney Shawmut Mills, Inc., and
Verney Taunton Mills, Inc., in October to enable the management to
convertible
Period End. Mar. 31—
profits taxes,
BALANCE SHEET,
sequent to Sept. 30,
3,188,052
662,000
Taxes,
report of Gilbert Verney, President, for the year 1946 refers
to the simplification of the company's capital by a three-for-one split
of the common stock and the conversion of 10,000 shares of cumula¬
$2,682,575
2,391,393
other than income tax——
Provision for Federal income tax—
♦No
78,067
other professional service,S'21S
fiscal expenses—161,909
Taxes,
Net
85,330
105,420
..
York,
New
155,243
$5,446,442 $23,092,970 $21,588,139
480,547
____
Operating income
Co.,
7,791,745
183,690
3,C47,617
The
The
Total Income
expenses
8,414,251
39,657
Verney Corp.—New Directors, etc.—
tive
'VW/,1946
•
Operating
tSpecial charge
The United
the terms of the plan, the corporation sold to
Improvement Co. 11,961 of the above shares.
Trust
&
pointed transfer agent for
preferred stock.—V, 165, p.
stock.
Service Corp. of New Jersey common
♦Under
Bank
Chemical
The
1,873,227
$5,660,865
Non-operating
stock
48,529 shares of Public
,
.
57,524
1946—12 Mo*.—1945
J53.533.558 $14,495,029 $13,641,151
Maintenance
$756,543
*
..
revenues... <
_______
Depreciation
165, pp. 1775 and 1719.
profit after charges and taxes
165, p. 1638.
,
$3,564,300
2,039,041
Total
Water Works & Electric Co., Inc. com¬
Commonwealth
582,348 shares of The
Gas
can
(The) Valspar Corp.—Transfer Agent—
485,290 shares of Niagara
4b,o2y str•"*« of Niagara
-..v';
•.
stoclc series A
>
of gas
Co.—Earnings—
1046—3 Mos.—1945
.
electricity
Other oper.
materially to our already heavy costs.
Until
disposed of in the pending negotiations, no real
be given by us to the adequacy or inadequacy of
13 Weeks Ended Feb. 1—
stock
mon
Sales
Universal Pictures Co., Inc.—Earnings—
Net
of
are
present steel prices."—V.
—V.
*48,529 shares of American
■
under the plan,
Improvement Co. stock surrendered
of The United Gas
Paler,
add
demands
consideration
Utility Holding Company Act.
In this manner, another important
step of compliance with Section 11 of that Act was accomplished.
The securities received by the corporation in return for the shares
Period End. Dec. 31—
toward
would
granted,
these
to
Westchester Lighting
r
bargaining negotiations are now in progress between our
subsidiaries and the United Steelworkers of America,
the negotiation of new labor contracts to replace
those expiring on April 30,
1947.
One of the demands of the union
is for 'a substantial wage increase.'
Other demands of the union, if
"Collective
General Corporation
Monday, April 14, 1947
CONSOLIDATED BALANCE SHEET
^
Balance
Dividend
United States Lines Co.—Increases Common
—First Quarter Earnings
The directors on
the
stock
common
Up Sharply—
dividend rate of
April 8 voted to raise the annual
$1 to $2 with declaration of
from
April 30, 1947 to stockholders of record April
18, 1947, which, with the 25-cent dividend paid on March 10 this year,
places the stock on the $2 annual basis from the beginning of the
year.
On Jan. 15 this year the company paid a 10% stock dividend.
view
of
the
satisfactory
year, a substantial accumulated earned surplus,
tinued favorable earnings for the remainder of
decided
establish
to
at $2 per
the
annual
the
V ;V:r^-tJ ■v®;
-
shares
Fed.
___
provisions
for
-
preferred
stock
interest and federal income taxes.—V.
taxes.
123,103
84,166
Prop,
Net
requirements,
oper.
Other
on
depreciation,
Chicago
Plant—
mtge.
tire
before
said
thp
H.
which have not been produced since
to
motorists
within
few
a
weeks,
U.
S.
Hawkes, Assistant General Manager of the
Rubber
manufacture
will
Detroit, Mich.;
Los Angeles,
$3,621,496
63,149
$4,280,389
88,910
$389,084
$3,684,645
$4,369,299
55,650
55,650
607,800
715,777
17,424
17,424
bonds
int.
Other
and
'
Net
3,503
66,771
___
$3,367,483
white
sidewall
tires
at
its
plants
622,518
figures
$2,129,020
$2,744,965
Wayne Pump Co.—Earnings—
credits
income
profit for the period
information
from
Reduce
Prices
•
-"Continued
announced
by
this
: 'V
that reductions in
corporation call for
reports
that customers and
others
steel
some
interested may
situation.
prices
are
comment
be
advised
about
on
of
to
our
the
be
income
and
Feb.
Feb.
for
18,009
3,000
4,000
5,009
$5,655,000
$5,198,009
$581,000
taxes
$405,000
$307,009
427,000
352,000
180,00®
2,635,000
2,635,000
2,635,00®
1,492,000
1,492,000
1,492,00®
771,000
584,009
$5,655,000
$5,198,000'
liabilities
1947
28,
28',
of
and
1946.—V.
Standard
Aug.
165,
p.
Diary
31, 1946,
1502.
Co.
and
are
Wilson
included
Jones
in.
Co-,
•
Wisconsin Central Ry.—Earnings—
1947
Februaryfrom
Gross
from
ry.
1946
1945
1944
$1,858,897
$1,746,412
$1,473,146
$1;582.28'
319,782
railway
railway
oper.
Net
from
70,000
Net
ry.
from
Gross
374,685
246,578
296,971
69,255
101,445
121,989
112,16!
3,781,094
3,504,014
3,052,629
3,293,66'
708,998
691,947
530,449
700.2H
231,396
income—
railway
railway..
oper.
income—
267,164
233,036
274,78]
165, p. 1364.
$127,471
foreign subsidiary companies,
the net earnings of those companies for the three months'
period ended
Feb. 28, which are not included in the above, are as follows;
1947
I
$7,611*
18,977
5,760
$26,588
$20,715
'
(F. W.) Woolworth Co.—March Sales Increased 9.8%—
Period End. Mar. 31—
Sales
1947—Month—1946
1947—3 Mos.—1946
$43,920,616 $40,003,962 $118,024,578 $106 982 811
•
]
$14,955
Brazilian
subsidiary
1946
—V.
165,
.
.
,
resources
of
the
Fund
increased
to
$39,261,747
on
part
constant
growth.
The
$200,000
at
3if
—V.
165.
».
Deo.
1502.
total
1929,
.
assets
to
over
show
an
increase
$36,000,000
at
from
the
less
present
25
directors
K-'--
r-z.y-:;*■*:
7.1
on
each,
*
March
payable
3194.
p.
*'■.*■
than
time.
York Corp.—Form
The
New
York
Stock
of Certificate—
Exchange
on
-
stamped
to indicate
165, p. 1111.
■
r!
-
April
April 22, 1947, deliveries in settlement
corporation's
common
stock may be
—V.
.
cents
31,
1947, the largest in the history of the Fund, and compares with $36,535,644 on Dec. 31, 1946 and $30,974,661 cn March 31, 1946.
The Fund, since it was organized in 1929, has enjoyed a
steady and
actual
,
25 declared four regular monthly dividends
May 1, June 2, July 1 and Aug. 1, 1947. tostockholders of record on the 20th day of the preceding month.
Pour
dividends of like -amount have already been paid so far this year
V
of
164,
March
1912.
p.
(Wm.) Wrigley Jr., Co.—Declares Four Dividends—
The
Total
Benjamin F. Fairless, President, on April 3 made the following state¬
1,296,000
32,000
From Jan. 1—
at
Present—
9,00®
1,524,000
30,000
965,000
assets
$197,471
$506,790
Federal
for
298,000
______
received
12,000
1,588,000
(net)
$6,100,000
$804,790
charges..
24,000
equipment
surplus
1946
taxes.—
177,00®
124,00®
and
Total
Net
*
Wellington Fund, Inc.—Assets Value Increased—
ment:
Earned
—V.
£0t?3„
—V.
to
Capital
1947
and
Calif.; Eau Claire, Wis.; and Chicopee
Corp.—Not
168,000
100,000
notes
stock (par $10)__
surplus
"■The
436,885
3 Months Ended Feb. 28—
upon
168,000
employees'
payable and accruals
for
Capital
$2,565,905
—
688,009
1,400,0(?0
29,00®
$6,100,000
Net
Net
1,524,000
$8*58,00®
.594,000
.
LIABILITIES—
Prov.
244,060
"■Extraordinary non-recurring tax benefit in 1945 from participation
parent in consolidated Federal income tax returns.—V.
165,
p. 1502. w; ■' .
.
Federal
849,000
in¬
charges
less amortization
Accounts
with
all
1941-42
on
Total
219,268
9,382
________
Profit—after
refund
and
and
2,212
deducts.
income
$239,897
$306,628
applicable to preferred stock for period
Divs.
400,000
1,865,000
accounts
209,092
Interest charged to con¬
struction—credit
164, p. 2061.
Steel
States
United
so
3,390
company's tire
FaUs, Mass.—V. 165, p. 1911.
.
$385,694
*942,755
English subsidiary
N,
division.
in
Deferred
adjustments..
Based
plants.
these popular tires,
war.
will be available
Plant
1,010,000
Amortiz, of utility plant
Estimated
lifting of government restrictions, the company announced
would begin immediate production of white sidewall tires in
its
1,256.252
1,010,000
Officers'
only
the
it
of
1,303,739
84,166
$316,474
(net)
income
Gross
Int.
acquis,
To Resume Production of White Sidewall Tires—
The first of
110,309
$315,479
995
revenue...
income
$1,042,000
426,000
taxes
come
2,062,888
__
other
$987,000
1,009,000
notes.
notes receiv., less reserve
for
Claims
1,914,039
deduction
and
deposits
Investments
Prop, retire, res. approp.
Special
demand
Postwar refund of excess prof. taxes
$1,022,876 $12,876,338 $11,721,332
308,607
5,027,064
4,055,358
528,379
Treasury certif. & tax
S.
hand
Inventories
other
134,100
31
The company has signed a long-term lease on a plant in Chicago,
HI., for production of new plastic materials. Following early installa¬
tion of machinery, it is expected that manufacturing operations will
start about July 1.
The plant is serviced by spur tracks connecting with Chicago,
Milwaukee 8e St. Paul RR.—V. 165. a. 1911.
all
$1,219,207
taxes
and
taxes
Balance
that
*Feb. 28,'47 *Aug. 31.'46 Feb. 28,'4®
and
on
Accts. and
1947—12 Mos,—3 946
168,140
165, p. 1238.
United States Rubber Co.—Leases
With
1947—Month—1946
excl.
exps.,
income
Federal
common
1947 "£:?■■: 1946
$2,010,000
$884417
1,463,315
1,288.268
$1.37
$0.69
-V
outstanding
Earnings' per common share
♦After
Oper.
the board
stock
year,
'v
•Consolidated net earnings
Common
con¬
share."
EARNINGS FOR THREE MONTHS ENDED MARCH
■v'sV
of this
indicated
and
rate on the
dividend
ASSETS—
1638.
Patents,
the first quarter
earnings for
257,
Operating revenues
said:
M, Franklin, President,
General John
p.
Period End. Feb. 28—
regular quar-
a
165,
Washington Water Power Co.—Earnings—
payable
common,
"In
—V,
Cash
U,
terty dividend of: 50 cents per share, payable June 12, 1947 to stock¬
holders of record June 2. 1947.
'
The board also authorized a disbursement of 25 cents a share on
the
_
3 directed that beginning
of Exchange contracts in this
made
only
the change from capital stock
;
,*
with
to
certificates
common
stock
itfr*..!^.^/~' "r•*•'^■■>^'"A.^:v^;-;;:i-vS;V-'" -Yv"'-'v';:>V\;,
;-;,v 5;;T.,V";;.v>jl':^'>■ :^:;;-v.>AV}';:rtV^^^-.y^v?;'''. ,-'\y '''■';-'' ■■.'
":
v;'' ^:'U
i,;
Volume
j
The total
1946
on
listings of new and additional corporate
the New York Stock Exchange for the year
(apart from government-securities), were with the
any year since 1930. The
total for the year added up $4,187,551,018, as compared
with $4,480,140,379 in 1945 and $7,632,633,397 in 1930.
large increase in such offer¬
ings over the preceding year has occurred. [Full details
regarding the latter °were shown in our article on the.
New ^Capital Flotations for ; the calendar year 1946, in
our issue of Jan. 27, pages 528 to
536.]
The latter com¬
pilations constitute: an accurate index of new financing
done and cover the entire country.
The Stock Exchange
listings relate to an entirely different thing.
They em¬
brace not only new but also old securities which have
just found their way to the Exchange, and they relate
only to the New York Stock Exchange, by which we
mean that they do not include listings of any of the other
stock exchanges of the country.
They also include se¬
curities replacing old securities, which process occurs
chiefly in cases of recapitalizations and of reorganiza¬
tions.
•
",
The total of corporate
Public
listings during 1946, as already
Of the total, railroads
accounted for $951,491,571 compared with $1,501,067,850
in 1945, the largest in amount of any single year since
1930 when $1,686,375,933 was reached.
Public utility
securities listed during 1946 aggregated $1,358,016,839
compared with $1,616,850,644 in 1945, which was the
largest recorded in 15 years, or since 1930, when the total
reached
$2,026,334,793.
Industrial and miscellaneous
securities listed showed a huge increase over 1945 the
totals being $1,878,042,608 and $1,362,185,985 respectively.
The 1946 figures are the largest reported since 1937 when
the total reached $1,672,715,435.
Of the total of all secu¬
rities listed by far the greater portion fell under the
refunding column, the total for the year, $2,584,174,754,
comparing with $3,877,901,486 in 1945.
The other cate¬
gories were $1,363,186,905 representing issues for new
capital, etc., compared with $450,904,270 in 1945; and
$240,189,359 representing old issues being listed for the
first time, against $151,298,623 in 1945.
Railroad
»
1199436508—
Utilities
$2,549,974,086, compared with $3,300,407,950 in
same period accounted for
$834,505,096 as compared with $1,444,934,050, in 1945, the
largest since 1930, when the grand total was $940,401,837.
Public utility bonds listed in 1946 aggregated $1,042,566,700 as against $1,437,914,000 in 1945. Industrial and mis¬
in
1946
totaled
$672,902,300
as
against $417,559,900 in 1945.
The large amount of bonds listed in 1946 and 1945 was
due in great measure to the huge wave of refunding
operations undertaken during 1944 and 1945.
This sub¬
savings provided under the
expired Dec. 31, 1945.
profits
excess
417,559,900
footed
1946
accounted
286,837,000
1944
for
up
Of the
$116,986,475
476,546,324
as
1946
against
miscellaneous
in 1945 and the total of
$1,277,911,170 in 1937, which
was
high in this category.
The following tables embrace the record of aggregate
corporate listings for the last 10 years:
<
CORPORATE
LISTINGS
ON
Issued for New
•Bonds
Replacing
Total
$1,845,838,635
$2,549,974,096
3,191,538,553
3,300,407,950
895,345,324
262,210,800
1,065,845,32*
293,501,200
$13,500,000
160,500,000
(10,000,000
31,290,400
1942
199,239,500
J_
154,523,644
1938
451,456,410 '
295,786,003
9,116,500
174,500,000
1,297,000
,,
*
Old Issues
Replacing
Now Listed
Old Securities
Total
$733,336,139
' $672,551,42$
(342,034,873
"
$226,689,359*
.151,298,623
686,362,933
$1,637,576,922
1,179,696,429
88,741,399
790,328,094
1,075,626,833
1943,;
126,002,168
325,606,148
510,878,196
962,486,512
1942
161,612,079
5,244,688
163,371,876
330,228,643
150,007,243
86,113,945
353,359,894
44,717,892*
255,695,236
589,481,082
360,515,677
1941——
1940—
60,102,549
1939—
328,661,401
107,352,110
1937
108,202,644
266,309,787
"
248,283,550
63,370,201'
407,310,983
104,993,864
1,064,228,713
f' 485,147,595
H 478,^55,761
1,534,909,897
•Total
Bonds
Issued for New
& Stocks
Old Issues
Capital, Ete.
3946
1945
Now Listed
—$1,363,186,905
450,904,270
*944_——
1943—
1942
1941
-
$240,189,359
151,298,623
Replacing
Total ponds
Old Securities
and Stocks
$2,534,174,754 «$4,187,551,018
3,877,901,4864 4,48P„J04,379
357,057,340
,
98,741,399
1,685,673,418
2.141372,157
157,292,568
325,606,148
773,088,996
J,255,987,712
360,851,579 >
519,341,886
5,244,688
655,568,417
1,021^64,684
86,113,945
1,097,271,851
1,042,081,856
1,702,-727,682
1,220,595,297
'
44,717,892
117,319,144
1,099,148,506
1,499,652,695
r
440,809,787
693,268,789
1,692,887,096
64,667,201
2,310,956,675
3,078,720,862
1940_—133,795,549i
1939—
..
1938
283,185,045
558,808,520
1937
703,096,986
•Government issuer foreign, and domestic, not
separately. *
here included, shown
~
•c;lVot6rr-Application8 for the listing of .trust company receipts and of;
securities
marked
"assented"
(if
securities .stamped. "assumed"
preparatory to
or
"assessment
reorganization),
paid"—the
or
of
securities
themselves having previously been listed—are not included in this table.
!
Co.; $38,139,705
and
General Public Utilities Corp.
$20,000,000 3.40% preferred of Central New
Corp. 'IV: ii '
Industrial
•
and
miscellaneous
stocks
listed
include
1,000,000 shares $3.75 preferred of General Motors Corp.;
$35,937,300 3%% preferred and 442,177 common shares
451,731,400
146,559,687
477,335,746
1,782,600
337,200,828
623,503,084
121,888,800
67,284,590
141,055,253
of American
75,580,200
586,084,900
451,581,500
55,073,067
29,406,019
505,001,996
380,529,800 ; 115,825,200
363,724,620
83,938,100
43,204,727
233,372,850
ferred and 461,474 common shares of American
Woolen
94,548,825
390,598,770
253,059,349
225,596,412
1941.
,
1940.
1939.
62,263,500
1938.
1937.
543,823,100
408,418,500
50,717,000
•
816,951,000
346,563,335
943,589,000
394,804,265
205,417,700
183,538,617
of Allis
ferred
Government
issues, foreign and domestic, are not in¬
The following is the aggre¬
gate amount of such issues listed or authorized to be
of H. J. Heinz
Co.; 230,579 shares of $4 preferred
$25,463,190 common stock of International Paper Co.;
316,967 shares of $3.25 preferred and 1,304,286 common
cluded in the above tables.
mon
and
listed for the past 10 years:
GOVERNMENT
BONDS
LISTED
ON
NEW
Foreign Issues
(inch Canadian)
$45,000,000
YORK
STOCK
& Sons Carpet Co.
Total
$31,045,398,500
$31,090,398,500.
12,142,842,500
1944—IIII—III—I—
12,142,842,500
23,312,974,916
22,156,383,100
9,985,716,100
6,853,885,700
188,668,016
1943
23,124,306,900
90,000,000
*
1942
I
1941
1940
65,313,500
10,309,200
•
1939
22,066,383,100
9,985,716,100
t6,788,572,200
♦2,838,421,350
following table shows at
GOVERNMENT
3,754,989,275
2,682,944,320
♦Includes $315,000,000 of City of New York corporate stock, tlncludes
$1,364,000 City of New York Corporate stock.
Australia, Commonwealth
In
1956
of
are
LISTED
ON
THE
NEW
YORK
STOCK
Public
and
1972.67
'
_
•"
2,635,441,000
3,469,761,000
5,284,068,500
..—IIIIII
;
—
nffiSSSS!
Total
$31,090,398,500
of which
account
on
during the
given in the following tables:
BONDS
LISTED
Company and Class of Bonds—
Chicago Burlington & Quincy
and
Miscel.
^
967'2fin'oon
7
_
RAILROAD
Public
$20,000,000
25,000,000
_
The purposes
1st & ref. 27/8s 1970——i—
the
year
several
bond
issued
were
are
...
DURING
THE
Amount
YEAR
1946
Purpose of Issue
49,765,000
Refunding
Chicago Indianapolis & Louis-
$
.
"
"ville:
_1—— 23,200,000
1946—
1972-67
LISTED
due
America:
1962-59
EXCHANGE
Utilities
Railroad
BE
due
bonds
of 20-year
1950
2 Vis
Indust.
Miscel.
$
bonds
1962
2./.S
-STOCKS-
Utilities
.
Vk%
and stock issues listed
Indust.
$
of
214 s
included in the totals
-BONDS-
Railroad
States
l'/aS
SECURITIES OF FOREIGN CORPORATIONS PLACED IN THE UNITED
AND
10-year
TO
L--i.
2'/4S
corporate listings in the above.
STATES
of
—
United
following tabulations we undertake to show
how much of the listings in the above were for
foreign
purposes.
We give first the amounts of securities of
foreign corporations per se, and secondly, the amounts
of securities of American corporations issued for acquir¬
ing or financing and developing properties outside the
Both amounts
Exchange
1966
the
United States.
the
on
LISTED AND AUTHORIZED
DURING THE YEAR 1946
4,084,920,975
2,994,683,820
1937
glance government
BONDS
Australia, Commonwealth
.
—
a
during 1946:
2,668,889,830
311,739,500
*
The
bonds listed and authorized to be listed
2,848,730,550
2,581,369,900
87,519,930
329,931,700
—
1938
shares of Montgomery Ward & Co. and
$5,000,000 3y>%
preferred and $18,758,000 common of Alexander Smith
EXCHANGE
U. S. Gov.
Securities
Chalmers Mfg. Co.; $40,000,000 3y2% preferred
Air Lines Inc.; 390,222 shares of $4
pre¬
Co.; $20,000,000
preferred
Borg-Warner
Corp.;
$15,000,000 4% first preferred, $7,500,000 4% second pre¬
and 1,229,756 common shares of General Cable
Corp.; $10,000,000 3.65% preferred and $41,000,000 com¬
73,460,110 1,277,911,170.
^2,992,191
1945—
1st
4.
:
income 4s series A
2d
1944
A 7,613,80.01 Issued
V 8,914,496 J
plafi
1983_
income 4'/2s series A 2003
Chicago, Terre Haute
eastern:-r'
1943—
& South-
•-
p6f
reorganization
"
-
«,
.
*
-
.
1942—
lst
1941—
&
ref.
Income
1940—
2,000,000
1938—
6,741,900
1937—
3,297,000
SECURITIES
OF
33,255,425
27,904,000 18,500,000
AMERICAN
OPERATIONS
COMPANIES
OUTSIDE
UNITED
FOR
Utilities
Railroad
$
Utilities
mtge.
4s
1st mtge.
$
$50,000,000
Nashville
321,940
1970
4s series
A
■
•
-
6,500,000
Refunding
40,000,000
Refunding
•P '
1975—
&
'
"«
•
Chattanooga
St.*
;:
.
-
...-j,
,
1943-
New
—
3s series B
York
Louis
1942—
;>T
Mr
1st mtge.
-
■
Old bonds Just listed
13,500,000
—
Louis:
1944—
,
Refunding
Refunding
Refunding
35,000,000
25,000,000
Ref. & imp. 2J/2S ser. C 1986
Kansas City Southern Ry.:
Miscel.
$
$
1946—
40,000,000
Indianapolis Union Ry.:
and
v-'
Refunding
Northern
1st
Public
reor-
A
9,626,000
Illinois Terminal RR.:
Indust.
of
f
Gen. mtge. 2 Vis series R 1961
-STOCKS-
Miscel.
8,056,000) Issued per plan
6,335,80CJ
ganlzation
1994—
Gen. mtge. 2%s series Q 2010
FINANCING
Indust.
and
1994
bonds,
Ry.:
Gen. mtge. 2%s series P 1982
STATES
-BONDS-
Railroad
Great
5,695,941
ISSUED
bonds
mtge.
Detroit Toledo & Ironton RR.:
1st mtge. 2%s 1976
Chicago
1986—
15,000,000
Refunding
41,500,000
Refunding
84,000,000
Refunding
St.
&
RR.:
Ref. mtge. 3s series F 1986—
Reading Co.:
iiiiii
iiiiii
iiiiii
mm
mm
1st
&
1st
_
—
ref.
Seaboard
975,840
—;
1937—
nmi
3V8S 1995
Air
mtge.
—
Line
4s
RR.:
'
.
..
1996
As noted above total bond issues listed during
the year
1946, aggregated $2,549,974,096. Of this total $690,635,481
was for new capital,
$13,500,000 represented old issues
just listed and $1,845,838,615 was for refunding purposes.
Stock issues listed,totaled $1,637,576,922 of which $672,551,424 was for new money purposes, $226,689,359 rep¬
resented old issues finding their way to the Exchange
and $738,336,139 was for refunding and exchange pur¬
In the railroad bond group
$84,000,000 Reading
Co.
issues
of
Pacific
RR.
and
stock
trust
certificates
Louisville aggregating $13,486,475.
r
-
.
27/a%
Refunding
•;
series
40,312,000
New
Orleans
Refunding
15,000,000
Refunding
Refunding
RR.:
3V4s series B 1970
Pacific
1990
45,000,000
RR.:
debentures
1976
44,493,000
Ref. mtge. 2V28 series C 1991
Total
81,602,000
Refunding
Refunding
$834,505,096
PUBLIC UTILITY BONDS LISTED DURING THE YEAR 1946
Company and Class of Bonds—
American
2%%
Tel.
&
Tel.
debentures
2%%
,—$125,000,000
1961
debs.
conv.
Amount
Purpose of Issue .;
Co.:
1986
243,087,700
Extensions, additions, etc.
Extensions, additions, etc.
Brooklyn Union Gas Co.:
Gen.
mtge. 2%s
1976
34,000,000
Buffalo Niagara Electric
1st mtge.
California
1st
2%%
56,929,000
1st
Gulf
Power
States
1st
1st
2%s
mtge.
2%s
States
Refunding.
27,000,000
Refunding
.
Co.:
Co.:
15,000,000
Tel.
Refunding
34,500,000
Refunding
35,000,000
Refunding, etc.
75,000,000
1976
Jersey Central Power & Lt. Co.
1st mtge. 2%s 1976
Mountain
Refunding
.
Co
1976-
Water
77,500,000
28,850,000
Light
1975
Utilities
mtge.
Hackensack
&
2%s
mtge.
Refunding
Co.:
Columbia Gas & Electric Corp
3 Ve%
debentures 1S71_
Dayton
Refunding
16,000,000
Power
1976
3s
Refunding
Corp.:
1975
Electric
mtge.
Refunding
25,000,000
Construction program
Tel.
&
Co.:
2% %
debs.
Northern
1986—
States
Power
Co.
(Minn.):
1st
mtge.
Pacific
Gas
2%S
&
1975
Electric
A?
Co.:
'
1st & ref.
Pacific
representing
Indianapolis &
27/8s
1st & ref. 3%s series C
In the railroad group the principal stock issues listed
were Seaboard Air Line RR. with $15,000,000 preferred
Class A and Class B stocks of Chicago,
improv.
&
Union
Among the industrial and miscellaneous bonds listed
the following:
Shell Union Oil Corp., $125,000,000;
Socony-Vacuum Oil Co., Inc., $100,000,000; Standard Oil
Co. (N. J.) $85,000,000; $50,000,000 each for Bethlehem
Steel Corp., National Dairy Products Corp. and Joseph E.
Seagram & Sons, Inc.; and United States Rubber Co,
$40,000,000.
Terminal
&
1985
Texas
are
shares; $2,500,000 common of Illinois
'
Refunding
,
a total of $85,000,000.
utility bonds listed included the following: Two
issues of debentures of American Telephone & Telegraph
Co. aggregating $368,087,700; Pacific Telephone & Tele¬
graph Co. with two issues of $75,000,000 each; Columbia
Gas & Electric Corp., $77,500,000; Northern States Power
Co. (Minn.) $75,000,000; Buffalo Niagara Electric Corp.,
$56,929,000; Wisconsin Electric Power Co., $50,000,000
and
Mountain
States
Telephone & Telegraph Co.,
$35,000,000. ;
- -. v
•
common
>
Issued per reorganiz. plan
Refunding
D
$100,000,aggregating
RR. totaling
reorganization
'
50,000,000
Ref.
Public
850,000
,
50,000,000
Terminal RR. Association of St.
Louis:
• >'
Mding up to $60,000,000 and Seaboard Air Line RR. with
.and
7,287,000
-
25,000,000
1st & ref.
Co.
~' 1
^
1st mtge. 2%s series F 1996_
1st mtge, 2V4s series G 1961-
the principal issues listed
1st & ref. 3VsS of 1995;
Southern
Ry.:
1st mtge. 27/bS series E 1986-
three issues of Great Northern Ry. aggregating
three
Indiana
-
per
plan
52,500,000J
1st mtge.
bonds 1994—
Southern Pacific Co.:
y
poses.
were
Southern
4
.
32,500,00C 1 Issued
Gen. mtge. income 4y2s 2016
two issues for
196,557,340
1944
capital
Other large
Elcetric
$125,000,000; two issues of Union Pacific
$126;095,000; two issues of Texas & New Orleans RR.
1,246,727,962
&
$44,243,000
122,179,000
860,079,620
1,014,505,100
1,214,231,335
1,543,810,965
Capital, Etc.
with
214,954,000
000;
588,274,925
list
70,621,400
302,462,000
691,436,041
850,864,956
r
the
size issues were $35,000,000 Buffalo
Electric Corp. 3% preferred; $27,000,000 4%
preferred and $17,360,000 common of Cincinnati Gas &
/ Miscell.
1,113,246,600
Issued for New
Stocks
stock.
led
common
786,386,620
1939
Telephone
field I American
utility
Co.
York Power
492,196,541
I
73,693,000
public
Niagara
Indus. &
-
743,911,957
,
369,334,643
1937——
EXCHANGE
Old Securities
108,869,397
1943JU'
STOCK
Old Issues
$690,635,481
1941.
YORK
Now Listed
Capital, Etc.
1946
NEW
the
210,588,000
to
stocks added up to $1,205,140,308 as against $944,625,985
r
116,986,475
In
Telegraph
100,700,800
1938
and
55
265.894,041
of
Industrial
(2047)
,
Utility stocks totaled $315,450,139
1943.
:
.
.r:'v,
■•
1942.
1939—
the previous
■
'.'
>f
1943.
.
compared with $178,936,644 in 1945 and the previous high
$337,200,828 in
...i-.
.,
1945—
$1,534,909,897 in 1937, the previous high.
railroads
*!'
V1'' ' $ :
* '
f • vV " <
315,450,139 1,205,140,308
178,936,644
944,625,985
66,133,800
Public
aggregate *of stocks listed in
$56,133,800 in 1945.
v'
j.'
1,444,934,050 1,437,914,000
tax
$1,637,576,922 compared with $1,179,696,429 in 1945 and
total,
/V'-.
-,k-
,
Utilities
$
1945.
law which
The
Railroad
$
*
672,902,300
stantial increase in refunding operations was stimulated
the
■>'•• i"'-'
...
1939—
t;r
by
•-
Public
Miscell.
$
•
Railroad bonds in the
listed
;
-STOCKS
834,505,096 1,042,566,700
of
bonds
»».
1946.
Total corporate bonds listed in 1946 reached the grand
cellaneous
i'V'.
Indus. &
'
1946
noted, footed up to $4,187,551,018.
1945.
■
s»*
-BONDS-
_
total
,,i
.
by stock and bond issues offered in the invest¬
a
•
namely, rail¬
road, public utility and industrial and miscellaneous
companies. This table shows at a glance the volume of
bonds and stocks listed during the last 10 years
by each
of the different groups mentioned.
figure for 1946 compares favorably with
actual corporate financing for the 12 months as repre¬
ment market and where
■'< '
'•-■
■r
In the following we classify the figures so as to indi¬
cate the amounts under each leading
head,
above
sented
\}
the New York Exchange foi the Yeai 1946
on
exception of 1945, the, largest of
The
.Vv;
[■■■';■•
.ilA'.'i ^v1':', ;",
•'^.ZV x !-v MC'
Lisings
securities
v;:! ■"'
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4585
165
•
Tel.
23/4s series P 1981
&
Tel.
Co.:
^
H..
debentures
1985
75,000,000
debentures
234%
1986_^.
7i>,OOU,OUO
Refunding, corp. purposes
Capital expenditures, etc.
23,200,000
Refunding
Saguenay Power Co., Ltd.:
1st mtge. s. f. 3s ser. A 1971
V"v.
7A
B'B:*.
■
:
I..-
56
(2048)
Service Co.:
1st mtge. 3y»s
1974
Wisconsin Electric Power Co.:
1st mtge. 2%s
1976
Yonkers Electric Lt. & Pwr. Co.:
2%%
debentures, 1976
Couthwestern Public
Refunding
American
Refunding
American Home Products
INDUSTRIAL AND MISCELLANEOUS
purpose of Issue
American
20,000,000
Refunding, corp. purposes
American
Refunding
Retire bank loans,
capital
5,000,000
12,000,000
Investing Co.:
conv. debs. 1961
——
Consolidated Cigar Corp.:
3(4% debenture due 1965—
r
Atlantic
r
—
inc. debs. 1964-
Refunding
50,000,000
1,242,300
1970-
debentures
cum',
(Joseph
E.)
Refunding
50,000,000
fih2>I%ndTbentu?e°srPi971
Refunding, corp. purposes
125,000,000
Inc.:
fiocony-Vacuum Oil Co.,
2 »/2%
debentures 1976
100,000,000
85,000,000
Refunding
(N. J.):
debentures 1971
fiunray Oil Corp.:
2%% debentures 1996—.—
Tri-Continental Corp.:
2%%
Refunding, corp. purposes
40,000,000
Working capital etc.
6,500,000
debs. 1976—
Conv, 3(4%
,
,,
Westinghouse Electric Corp.:
2%% debentures 1971
.
Plant expansion, etc.
Line
Coast
Atlantic
(10,000
Common
1946
.
Seaboard
Line
Air
RR.:
*85,000,000) Issued
15,000,000}
-
(100,000 shs.)
Old stock just
reorganization
per
3% : preferred
Modernization of plants, etc.
17,360,000
-
Carrier
Old stock just listed
Co.:
General
Stock distribution
Corporate purposes
10,000,000
Corporate purposes
Utilities
Old stock just listed
Issued per divestment plan
V,
38,139,705
Corp.:
;
States Power Co.
J
,
& Electric
Service
,
Colo.:
of
Co.
'
.
*1,527,890
'
'
.
r
,
,
Conversion of pref.
•
6,261,700
—
*4,000,000
i
Total
Company and class of Stock—
Abbott Laboratories:
*
(169,991 shs.)
400,000
Old
stock just listed,
10,634,100
*4,491,081
Refunding, working capital
old
Mead
stock just listed
Old stock
Common
Conversion
of
Common
Merck
Conversion of 2nd preferred
(120,000 shs.)
*12,000,000
Minneapolis-Honeywell Regula¬
1,402,440
Stock dividend
tor
Minnesota Mining & Mfg.
Repay bank loan
Capital stock (1,951,530
Monsanto Chemical Co.:
Common
/
2,112,040
Common
Old stock just listed
226,839
*
.:
——
1,500.000
Corporate purposes, old'
4
stock just listed
.....
*31.696,700
*36,741,737
(1,304,286 shs.)
Co., Ltd., Inc.:
3.60% preferred——.——
National Airlines, Inc.:
Common
Manufacturing Co.:
713,456
Auto-Lite
Stock distribution
Refunding, corp. purposes
General corp. purposes .
v
1,494,855
Stock dividend, purchase of
equipment
'
Corporate purposes
168,000
Battery Co.:
National
Stock dividend
shs.)— ♦10,000,000
Plant acquisition,
Old stock just listed,
acquisition, conv. of debs.
New facilities, etc.
Old stock just listed, gen¬
eral funds
/ "
1,415,370
Acquisition
National City Lines, Inc.;
National Container Corp.:
Farnsworth Television & Radio
Common
-
———
4,000,000
Refunding, working capital
Common
Ferro
Inc.:
preferred
4y4%
———
Allegheny Ludlum Steel Corp.:
Common (25,100 shs.)
"*156,875
Allied
i
Stores
Common
Corp.:
«.
American
/.
Airlines, Inc.;
-
•
prBferifedou—7T
Brake Shoe Co.:
'
'
Common
American
Common
(199,iOi
Chain
&
(43,509
shs )_
Cable
37,567
Conversion of preferred
Expansion, etc.
shs.)
Common
———
\;4 25,000
Acquisition
~j
r
kpB
Conversion of preferred,
v77;
.
purposes
^
Plant expansion
*
'
shs.)_
*1,837,882
Old stock just listed
*1,800,000
Acquisition,
Common
shs.)
Preferred (25,000 shs.)—.
Follansbee Steel Co.:
.
,.'u
(150,000
construction,
working capital
*2,500,000
Inc.:
510,360
"v
Exchanged for 5%
pfd.
Common
■
$4.50
preferred
Conversion
of preferred
275,000
—
*477,000
(4,770 shs.)..
Service Corp.:
preferred
853,574
Common
Old stock just listed
12,500,000
Construction,additions, etc,
Common
National
Gair Co. Inc.:
518,936
'a>.V
.
Stock
*:
dividend,
mill
con-
a.——-
Vulcanized
■■
'
•-
V: :r
-
plan
-"".AA"A" A"
i".''
Plant additions, etc.
Working capital. "
17,260
,
Stock dividend
Stock dividend
Old stock just listed, ac:-BB^::^BZB,: quisition
■■W+bb§:B;:'
:
'
ZB:bb -B\
"A
general
515,272
struction, etc.
;
-xs~'
Fibre Co.:
'
Common
BB-
B
r
Working capital
1,108,026
—
—
National Oil Products Co.:
,
—
?
*.
r-
Issued tinder employees
stock purchase
*6,063,712
*
Common
dividend,
•-.•
Distilling
National. Linen
(vvV';.;.-
Fruehauf Trailer Co.:
(Robert)
♦100,910
National Gypsum Co.;
.
Common
4%
<12,550 shs.)—i—
Corp.:
Common stock (378,982 shs.)
National
Stock
/
funds
National Dairy products Corp.;
Co.:
Common
..
*298,472
(546,453
150,216
—
J
Froedtert Grain & Malting Co.,
/
*3,225,436
Co.:
7
Flintkote
Common
Corporate purposes
40,000,000 \ Corporate
American
219,571
Enamel Corp.:
Common-'
Common
f
•
^ 1
.
Common
-
Firth Carpet Co.:
Acquisition
,
shs.)
*257,840
Allis Chalmers Mfg. Co.:
Common
<442,177 shs.)—. *12.728.098
3(4% preferred
35,937,300
Amalgamated Leather Cos. Inc.:
(257,840
.
of constituent
COS.
;\"y
Corp.:
Exch. Am. Int. Corp. stock
etc.
1,420,000
i,—
Common
918,745
—
.
t'
Inc.:
Common
pfd. (200,000
Eversharp, Inc.:
Reduction in bank loans
National Automotive Fibers,
.
Cum.
1,954,300
250,000
—
—
Corporate purposes
Co.:
Electric Boat Co.:
Building program
Old stock just listed
2,535-,736
-
—
—
Refunding, work, capital
*3,768,585
Morris (Philip) &
Common
227,062
———^
purposes
Co.:
shs.)
Montgomery Ward & Co. Inc.:
$3 25 pref. (316,967 shs.)
Issued per consol. agreem't
corp.
Refunding, corp. purposes
11,000,000
preferred
Stock distribution
10,000,000
Refunding,
Co.:
3.20%
Inc.:
:
1,100,000
—
$3.50 pfd.
Co.:
Common
Co.
&
Common
Old stock just listed
Inc.:
Stock distribution
Dayton Rubber Mfg. Co.:
,,
*5,802,060
(1,5C2,380 shs.)
1,101,950
2,232,800
Conversion of pfd.
Mercantile Stores Co. Inc.:
debentures
Corp.:
'
Purpose of Issue
59,196
—
1,743,380
Common
Amount
Stock distribution
ivl
Mengel Co.:
Common
27,440
Acquisition
Acquisition
Refunding
Corporate purposes
1,170,804
Working capital, acquisition
4,184,420
%
Melville Shoe Corp.:
Corp.:
;
Corporate purposes
Acquis, of constituent CO,
*295,639
*400,400
7,000,000
5,052,500
(13,802 shs.)
ser. B (4,004 shs.)
preferred
2d preferred—
J/4%
4%
Common
of
Corp.:
Conversion of preferred
Zellerbach Corp.:
Electric
Conversion
Old stock just listed
Co.:
$5.50 pfd.
just listed
4
183,867
Corp.:
3%%
preferred
■
pfd.
105,160
500,000
—
May
Aircraft
Common
•
Co.:
Common
369,026
Vultee
6,000,000
preferred
conv.
Corporate purposes
Refunding
66,000
Capital stock
Department Stores Co.:
$3.40 pfd. (110,533 shs.)
*11,053,300
stock dividends
*7,500,000
Common '
Eaton
Acquisitions, etc., old stock
Maracaibo Oil Exploration Corp.:
Corp.:
Common
co.
8,000,000
Common
issued per merger plan
Davega Stores Corp.:
Acquis, of constituent
Refunding
Corporate purposes
stock just listed
Old
119,064
Magnavox
Corp.:
1,402,928
Vilbiss
purposes
corp.
Inc.
Common
pfd.
Common
Refunding,
7,231,000
1,050,000
McQuay-Norris Mfg.
cor¬
Cudahy Packing Co.:
De
Construction, expansion
*2,625,000
just listed
(213,861
Press,
of recapi¬
378,350
preferred
3V2%
Iron
&
Steel
per plan
talization
*7,337,078
(non-cumulative)_
Common
Acquisition
Inc.:
Pictures
Common
Issued
preferred
Co.
4JA%
Continental Diamond Fibre Co.:
Cuneo
Oil
2d
shs.)
McCrory Stores Corp.:
Common
STOCKS LISTED DURING 1946
*$1,529,919
Fuel
*9,096,360'
shares)
■
Aldens,
f
Old stock just listed
Stock distribution
736,720
Container
Express Co.;
Common
j
'
Acquisition
Refunding
$2,500,005
Common
Corporate purposes
800,000
Consolidated
com
$315,450,139
INDUSTRIAL AND MISCELLANEOUS
Common
Expansion
15,000,000
Common
(150,000 shs.)
Liquid Carbonic Corp.
3%%
preferred
Lowenstein
(M) & Sons,
cor¬
,
Old stock Just listed
Old stock just listed
:$3.70 preferred——-
——--
preferred
stock just listed,
Dana
Old stock just listed
*177,600
*13,000,000
Adams
'
^
t
5%
preferred
—u,
Union Electric Co. of Mo.:
-$3.50
Old
Co.:
Common
bbbb^
Common
$4.50. preferred—
Stock distribution
155,500
non-cumul.
Lion
old stock just listed
*1,274,580
Common
5,064,402
/■
3,337,506
8,500,000
preferred
Crown
1,750,000
—
South Carolina Electric & Gas
co.:
1,850,000
227,409
Co.
Capital stock
Old stock just listed, property additions
Refunding
«•
13,500,000
preferred
Philadelphia Electric Co.:
Common (1,527,890 shs.)
Common
of constituent co.
7,000,000
preferred
409
Corp.:
Continental
Refunding
16,000,000
Co.:
4%
Public
Acquis,
Consolidada, S. A.:
Expansion of facilities
Corp.:
Conversion of pfd., acquis.
- -
^
—
Gas
Conversion of preferred B
& Co.:
preferred
Preferred
Common
•
-
Common
Oklr.homa
(Julius)
conv.
50c
Common
Issued per reorganiz. plan
-V-v
27,500,000
preferred
Co.:
La
Consolidated Retail Stores, Inc.:
Refunding
*■,,;
.'
(Minn.):
Edison
pref., acquis.
pfd.
Conversion of preferred
943,600
Corp.:
shs.)
*15,943,000
Co.:
129,823
(511,834
American pref. (166,467 shs.)
Lehigh Valley Coal Corp.:
$3 non-cum. preferred (227,-
-preferred
Acquis, ox machinery, work¬
ing capital, etc.*
*100,000
shs.)
(100,000
Common
3,500,000
—6,632,360
Indianapolis Power & Light Co.:
Common (142,967 shs.)
*776,311
Ohio
Conv. of 5%
Exchanged for 5%
Laughlin Steel
Manufacturing
4%
Conversion of
6,000,000
preferred
Cincinnati Milling Machine
Telephone Corp.:
3.60%
(230,579 shs.)
Corp.:
Common
Old stock just listed
*16,421,711
shs.)
(75,000 shs.)
Consolidated Grocers Corp.:
i
Co.:
Common
Northern
Working capital
659,170
25,463,190
*23,057,900
Common
Corp.:
$4.25 cum.
of Gen. Gas & El. Corp.
Public
Investment
&
Koppcrs Co. Inc.:
1,955,308
5.000,000
1,239,080
Common
Corp.:
Common
&
4%
-—
conv.
5%
Refunding
300,171
—.
Common
General
J
Kimberly-Clark Corp.:
Corp.:
Columbia
%
——
Power
Finance business
Manville
Kayser
porate purposes
7,500,000
Common
t4,070,475
corporate
purposes
Common
Colorado
Co.:
Gas
Electric
District
Empire
Light
>
bank loan,
Capital expenditures, acqui¬
*5,187,825
(1,525,831 shs.)
Common
Old stock just listed
—
Natural
Common
Florida
Refunding
8,710,000
&
Power
Minerals
Common
Red.
*4,000,000
Ltd.:
Common (2,000,000 shs.)
Southern Ohio El.
7,506,800
Paso
Joy
Stock distribution
750,000
City Stores Co.:
Capital stock
Clinton Industries,
Old stock just listed
27,000,000
■—
Common
El
shs.)
—
Common
Common
Refunding
20,000,000
Common
Dayton
Jones
Bearing Co.:
City Investing
Corp.:
preferred
&
Mexico
Am.
Common
City Ice & Fuel Co.:
Common (114,827 shs.).
Old stock just listed
*10,000,000
shrs.)
New York Power
preferred
Johns
porate purposes
Refunding
35,000,000
.»■
Cincinnati Gas & Electric Co.:
4%
de
(197,500
73,651
pfd.
Conversion of preferred
20,000,000
Common
Conversion of debentures
$44,243,200
Carolina Power & Light Co.:
Common
Electrica
A.:
Common
$4
2d conv. preferred-
Chicago
Purpose of Issue
Amount
Company and class of Stock—
Capital stock
Buffalo Niagara Electric Corp.:
Columbus
Acquisition
15,000
Common
Co., Inc.:
Common
American Tel, & Tel, Co.:
(909,350
Acquisitions, old stock just
Canadian Breweries,
plan
'
3.40%
3,430,505
International Paper Co.:
listed
Refunding, capital purposes
*5,000,000
preferred
3Vb%
DURING THE YEAR 194G
PUBLIC UTILITY STOCKS LISTED
Common
Working capital
*2,784,959
Inc.:
Chemical Corp.:
341,639
Common
Celotex
Central
Corp.:
shs.)
(226,973
International
Acquisition
sition of constituent co.
4%
''
Old stock just listed
Corp.:
Common
Corporate purposes
*86,542
—
$116,986,475
-.v.-
:
Conversion of preferred
400,000
Stores
622,710
Insuranshares Certificates Inc.:
,
Preferred
i;'
Refunding, working capita]
Co.:
Corp.:
S.
Corporate purposes
*3,831,000
*10,000,000
Co.:
3%%
(850,000 shs.)
t c
Paper
•
„
Purchase of prop, of old co.
2,500,000
—
Common v
10,000,000
Dauch
Common
Inc.:
Shoe
Common
reorganization
8,592,825) Issued per
4,893,650)
.plan
Illinois Terminal RR.:
Common
co.
Old stock just listed, working capital
listed
Burlington Mills Corp.:
i
.
(stock tr. ctfs.)
co.
Acquisition of constit.
Co.:
Common
just listed
Refunding
169,451
„
burg class A
(stock tr. ctfs.)
Class B com.
Acquisition of constit.
41,000,000
&
Industria
$3.60 prelerred (40,000 shs.)_
Budd
,
.
Class A com.
Old stock
5,936,200
;
Roller
Brown
Exch. for Rich. & Peters-
*$1,000,000
& Louis-
Old stock just listed
Corporate purposes
5,013,000
Borg-Warner Corp.:
3'/2%
preferred
Purpose of Issue
RR.:
shs.)__
Jj
Foods,
Hupp
Common
Chicago Indianapolis
ville:
Hunt
Co.:
Stores,
Bower
Amount
Stock—
Old stock just listed, addi¬
tional capital
Additional capital
370,000
__
Hudson Motor Car
listed
Acquis., conv. of pfd., etc.
160,000
Common
DURING THE YEAR
RAILROAD STOCKS LISTED
Old stock just
Co.:
$2.25 preferred
Bond
$672,902,300
Company and class of
.
898,800
Common
preferred
Common
a
30,000,000
,
Conversion of preferred
*2,129,778
preferred
.o
Howard
Co.:
Capital stock (10,385 shs.)
Bliss (E. W.) Co.:
capital,
Refunding, working
etc.
Co.:
*
Corp.:
Common
4,382,301
Blaw-Knox
1976
debentures
2%%
Walworth
Die
<fc
(230,000 shs.)
Common
(383,100 shs.)
$3.25 pfd. (100,000 shs.)
Refunding
7,360,000
,
Corp.:
10,000,000
debentures 1966
United States Rubber Co.:
f
*2,810,900
Common
2%%
Stock dividend
*2,475,000
(49,500 shs.)
Common
Beneficial Industrial Loan
Refunding
20,000,000
Exchanged for prior A stock
Exchanged for prior A stock
2,250,000
Foods
purposes
Corp.:
preferred
Hinde
preferred
3%%
,.
,
1961
of Am.:
debentures
Biscuit Co.
United
4%%
Beatrice
..
2%%
General corporate
Corp.:
(H.
3.65
Exchanged for 5% preferred
*28,109
Corp.:
Asphalt
v::
General funds
2,500,000
*2,349,750
Common
9,860,900
-
Capital stock
1
(A. S.) Beck Shoe Corp.:
Refunding
Standard Oil Co.
Heinz
Inc.;
&: Co.,
Common
Barber
shs.)
Motors
Tap
Common
Corporate purposes *
10,200,000
Common
Aviation
r
debentures 1966
2Vi'/o
Stock distribution ^
Automatic Canteen Co. of Am.:.
& Sons
Seagram
'■jfg Inc.:
notes
Pay promissory
,
—.
Hayes Manufacturing Co.:
(28,109 shs.)
$1.20 preferred (112,436 shs.)
r
Pi5J/2??
4>/»%
Conversion of notes
Co.:
Cofhmon
?
.
Co.:
Nichols
1
553,000
Common
listed
635,300
prelerred
4%
.v.-,
.
273,222
Greenfield
Old stock just
Corp.:
pref. series B
Austin,
v
::r).
General corporate purposes
76,030
(469,950
Paige
-
Greyhound
j__.
Powder
Atlas
^
^
•
Corp.:
$2.20 preferred
preference
Inc.:
Goods
Dry
7,500,000
preferred
216,000
Refining
3.60%
■
Co.,
Purpose of Issue
Co.:
Common
of
for 7%
Exch.
6,295,130
Products
W.
Common
Refunding
„
P.
Associated
Refunding
12,000,000
mtge. bonds, 1966—
Dairy Products Corp.:
1st
A.
Common
..
4,000,000
shs.)
(461,474
Common
working
.
Corp '
2%%
*2,307,370
*39,022,200
Conversion
■
Grayson-Robinson Stores, Inc.:
Acquisition
*
$4 preferred (390,222 shs.)—
Anderson Prichard Oil Co.:
Working capital
4,800,000
4%
3%
4,583,754
Co.:
»,i'.
Issued per exchange offer
Issued per exchange offer
Issued per exchange offer
r
Common
Corp.:
Woolen
Common
»'■*
.'
Brothers Inc.:
Graham
Merger of constituent co.
:.v
'iV, P.;-}:1 Vi'A
*613.378
15,000,000
-———
Common
3,717,550
Viscose
Gimbel
listed
Co.:
Common
improvem'ts, etc.
Old stock just
' ■'
*
'.r j.*
shs.)—*100,000,000
Rubber
&
Shoe
Common
464,010
-
Mill
Rolling
'•
Old stock just listed
v'.r-r
preferred—
General
Working capital
8,000,000
Corp.:
(1 226,756 shs.)—
preferred———,—_
preferred—
Tire
3%%
.
—
American
2d
General
:
'•
' 2,400,000
General Motors Corp.:
$3.75 pfd. (1,000,000
preferred
Molasses Co.:
Refunding
50,000,000 Additions,
Conversion of
1st
4/o
acquisitions
distrib.,
Foundry
.preferred
Common
Expansion of plants, etc.
City
National
&
Common
City ice tx Fuel Co.:
2%% debentures 1966
jb£6<id
Co.:
3.90%
25,000,000
^^^de^entures,1196?--™'
^Consoim mtge! 2?4S 1976
Ce3°vl% debentures 1960
Stock
23,516
—
Machine
American
.
,
,
1966-
debentures
4%
2,755,234
Common
1946
BONDS LISTED DURING
$15,000,000
debentures 1956
Atlantic Refining Co.:
2%
Common
preferred
American Inv. Co. of 111.:
Mfg. Co.:
Allis-Chalmers
Common
General Cable
Amount
7'-V.?f.
Manufacturing Co.:
^
Corp.:
—
American
Amount
Bonds—
Exch. for 6%
preferred
Co.:
Sugar
Common
Refunding
9,000,000
Crystal
preferred
4'/t%
Conversion «f
6,419,800
17,500,000
50,000,000
-
Company and Class of
'813,790
Common
$1,042,566,700
Total
Galvin
Color type 'Co.:
American
J
Monday, April 14, 1947
«Company and class of Stock—
Purpose of Issue
[Amount
Stock—
Company and class of
Purpose of Issue
Amount
of Bonds—
Company and Class
2%%
FINANCIAL CHRONICLE
THE COMMERCIAL &
■
::...
['AA-v.V,
A
B k ,;:B
:■ '■
*
[Volume 165
Number 4585
Company and class of Stock—I
Kewport Industries, Inc.:
4¥*%
preferred
Airlines, Inc.:
THE COMMERCIAL & FINANCIAL
CHRONICLE
Amount
<
Purpose of Issue
■'
United Wall
4,000,000
—
Company and class of Stock—
Construction of plant
4%
2,811,350
Pay
Bank
loans, purchase
equipment, etc.
of
Owens-Illinois Glass
Co.:
Common
Pacific
Fwnimon
4
/4%
(
3,302,000
x
Oil Corp.:
stock
Panhandle
Producing & Ref.
Acquisition
Van
Acquis,
of
constituent
3 % %
Paraffine
"668,670
—
Airlines
Common
3,746,665
-1,963
Pepper
Acquis,
of
constituent
Stock
dividend
Common
(700,000 shs.)
Issued
"1,469,590
Old
5%
preferred
iPillsbury Mills, Inc.:
$4 preferred (25,000 shs.)
jpittsburgh Consolidation Coal
per
merger
plan
stock just listed
——
Plate
Common
325,000
Reclassification of 7%
pfd.
Working capital
Acquisition
Keith
Common
declared
Acquis, of constituent
4,297,750
Additions,
co.
expansions,
Old stock just
dividend
etc.
*10,000,000
Old
stock
listed, stock
980,307
—
Corp.
purposes,
of
conv.
preferred
Beeves Brothers,
Inc.:
Common
Beliance
Old stock just listed
568,574
Mfg.
Co.:
preferred
Bemington Rand Inc.:
3,000,000
Common
96,136
Corporate
Common
909,332
preferred
Mfg. Co.:
conv.
>y
•xv-'T
$1,205,140,308
■■.
Stock
consolidation
per
no
value;
par
agreement
203,025
Corporate
the amounts given represent the
value.
tables we give a list of securities
for which certificates of deposit were issued
during 1946,
a list of companies changing the par value of their
shares
without changing the number of shares issued, a list of
companies changing their names without changing the
of
shares
and
name
listed,
the
list of companies
a
number
WHICH
FOR
of
CERTIFICATES
OF
DEPOSIT
PREVIOUSLY
Common
(67,065
(60,000 shs.)
shs.)
Scovill Manufacturing
3.65% preferred
_
*726,982
Improvements,
Refunding
*6,000,000
Common
5,500,000
Old
stock
just
Common
Old
stock
just
*2,278,156
deposit
Refunding,
Issued
Inc.-
certificates
stock
:
Corp. certificates
A
Coal
convertible
preferred
of
7%
pre¬
S.
Improvement
(Alexander)
Co.
Sons
&
18,758,000
Old
stock
porate
preferred
American
inum
&
Co.:
Common
3%%
Realty
5,000,000
Gold
listed,
just
cor¬
of
deposit
for
$5
Plat¬
&
Atlantic
Coast
of
deposit
for
6%
227,409
VALUE
NUMBER
OF
OF
STOCK
WITHOUT
SHARES
Co.:
Mines
Preferred,
Common
55,940
Southeastern Greyhound Lines:
Common
Line
&
from $100
to
no
par
Enterprises Consolidated
(Inc.),
from
no
to $5
par
Stock
CHANGING
dividend
16,000
Acquis,
of
constituent
co.
Inc.:
American
(Edward
Common
629,236
Pay bank loans, etc.
Square D Co.:
500,000
539,670
American
Common
6,428,240
Stock
distribution
182,273
14,529,491
1,214,699
WITHOUT
SHARES
CHANGING
NUMBER
LISTED
*22,000,000
G.)
630,140
preferred
1,883,500
Stock
Cap.
div.,
acquisition
expenditures,
4%
conv.
preferred
.SterchiBros. Stores, Inc.:
5,000,000
to Beatrice Foods Co.,
Co.
acquis.
596,21G
Common
1,368,260
2,633,000
5%
preierred
Chemical Corp.:
Common
Old
stock just
*440,000
div.
Acquisition
Co.,
shs.)
*10,717,002
United
Co.
(from
to $12.50 par
Drug
$2.50 par
Stock
NAME
SHARES
Co.
to
Loose-Wiles
Simon
2,700,000
Paper
AND
Common
(1,550
$4 cum. pfd.
shs.)
(100,000 shs.)__
Thatcher Glass
OF
*5,695,450
1,100,000
common.
Co.)
National
Reclassification
of
$3.60
Common
Manufacturing
(16,758 shs)
from
$5
SHARES
*167,580
Stock
dividends
$2.50
preferred
Steel
Common
230,000
Corporate purposes
338,300
Old
Co.:
-
stock
just listed
Thompson Products, Inc.:
Common
(75,000 shs.)
*1,233,750
preferred—:
Timken-Detroit Axle Co.:
4,000,000
4%
Park
994,300
Century-Fox
Stock
div.,
acquisition
Film
Corp.:
Common
Standard
Warner
Wilson
*3,187,560
Commont
2,376,880
Cnion Carbide & Carbon Corp.:
Common
(88,700 shs.)
*1,844,960
—
United
Cigar
Corp.: •
-
Whelan
Jan.
11
18
1
Mar.
4
Common/-
146,250
convertible
for
1
Apr.
1,414,500
178,200
,
May
1
1
Business
3,000,000
preferred———
Corporate purposes
Refunding
Corporate
*2,140,552
General
1,358,740
700,764
—x.
Exch.
for
old
2nd
pfd._
preferred
Stock' distribution
6,000,000
Refunaing
5,159,175
Reclassification
corp.
Corp.:
non-cum.
purposes
Powder Co., common, no par (2 for 1)——
Hiram Walker-Gooderham & Worts Ltd., no
par (4 for 1)—
Holland Furnace Co., common, from $10 to $5
Inland
Raycn Corp., common, no par (2 for
Co., capital stock, no par (3 for 1)
Steel
' '
(»/4
purposes
for
stock
Machines
Corp.,
common,
1)
International Silver Co.
par
of
Business
no
i
par
Divco
Co.
for
578,979
499,952
—
60,000
YORK
NEW
stock issues in
420,467
EXCHANGE
CURB
1946
totaled
52.
Stock
1)
(2
Corp.
—
Co.
Allied
A.
Inc.
(2
Co.
Products
Stein
&
Co.
Clock
7
Heyden
G
June
7
11
19
27
July
2
16
Glass
Jcannette
for
(3
(2%
for
Penn Oil Co. (2
Inc
(3 for 1)
South
Coro,
Midwest
Common
—-Wv
for
Common
——-
Common
Common
m-
for
1)
Common
1)
1)
—_——
National
City
1,796,679
Beau
for
1)—
—-
—
Piping & Supply Co., Inc (100%
Universal
9
Lines,
Products
Stores
Brummel!
(2
Inc.
for
Inc.
Ties,
1)—
for 1)—
(2
1)
(2 for
1)
—
Inc. (2 for 1)
Corp. (2 for 1)_———
Mills,
Hosiery
Davenport
(2 for
Inc.
Co.,
Corp.
stk. div.)
Distillers
1,290,112
26
Brown-Forman
26
3
(2% for 1)—
Sterchi Erothers Stores, Inc. (2 for 1)—
Apex Electrical Manufacturing Co. (4 for 1)
National Pressure Cooker Co. (2 for 1)
5
Casco
1,470,912
26
2,457,663
30
1,995,162
1,000,000
2,172,370
Sept.
10
1)
Ronson
Metal Works,
Art
Products
Stop & Shop,
1,249,379
17
Pharis
2.896,016
900,884
20
Russeks
Oct.
Tire
Corp.
Rubber
1,518,650
7
United
Aircraft
25
Central
25
Consolidated
28
Blauner's
Nov.
200,000
1
12
Dec.
2
Illinois
(2
Zinc
Nachman
Oklahoma
Inc.
Steel
1)
Common
*
,
1)—
for
1)
Inc.
(2
(33¥3%
c.
stk. div.)_
(2 for 1)—-——-——
—
for
Corporation
Natural
i.
V. t.
1)
1)
(2
-—
1).,^——
for
(2 for
1)
(2
Gas
for
Co
1)
(33%%
Capital
Common
Common
Common
Capital
Common
Capital
Common
Common
Common
Common
Common
Common
Common
Capital
—
for
Products Co.
Corp.
for
Co.
(2
Corp.
Products,
Ohio Steel
(2
Co.
Machinery
Shoe
for
(3
Avenue,
Compo
Inc.
(2 for 1)_
Inc.
&
Fifth
4
286,481
Capital
Common
1)—
(2
Corp.
(3
Common
———
1)
for
(3
Common
Common
Common
Common
Wagner Baking Corp. (2 for 1)——
—V. t. c. Common
American General Corp. (4 for 1)
———Common
Detroit-Michigan Stove Co (25% stock div.)——
Common
Diana
25
—-
——
—
18
Aug.
Co.
—---—
div.)
Capital
Common ;
Capital
Chesebrough Manufacturing Co., Cons. (2% for 1)Froedtert Grain & Malting Co., Inc. (2 for 1)
Sick's Breweries, Ltd. (4 for 1)——
24
787,500
——
Common *
——
Inc.
Chemical Corp.
381,562
841,544
1)
1)
Co.
Co.,
Utilities
———
—
for
(2
for
(2
246,000
13
1)
stock
(20%
Inc.
Corp.
Haven
10
for
(3 for 2)—
for 1)——
Products,
Common
Common
Common
Common
——
.
(2
Beaunit Mills, Inc. (4 for 1)
National Watch Co. (2 for
Eversharp,
—
1)
Inc.
Elgin
Miller-Wohl
100,000
for
(3
Alexander,
&
Common
Common.
1)
for 1)
International
1,900,971
for
(2
Pittsburgh Metallurgical Co., Inc. (2 for 1)—
Company (50% stock div.)
New
3,308,465
Common
———
Corp.
Schiff
The
551,000
Issue
for
(2
3
364,790
(4
ON
Metallurgical
2
par
—
stock, from $100 to $25
Pen
Parker
6
393,060
(Conn.), common, from $50 to $25
(4 for 1)
Preferred
;—
Dayton Rubber Manufacturing Co. (2 for 1)
Fansteel
3,266,210
(2 for 1)
IK.
par
International
preferred
United Stores
Hercules
Industrial
4%% preferred
United States Plywood Corp.:
Common
corp.
——
245,470
(2 for 1)
-
purposes
1946
DURING
525,514
8,769,350
-
Inc., common, par $1 (4 for 1)
Edison Brothers Stores, Inc., common, par $1 (2 for 1)
Ecko Products Co., from $5 to $2.50 par (2 for 1)
Federated Department Stores,
Inc., common, no par (2 for 1)
Food Fair Stores, Inc., from $1 to no par (4 for 1)
Gaylord Container Corp., com., from $5 to $1.66% (3 for 1)
General Mills, Inc., common, no par (3 for 1)
(W. F.) Hall Printing Co., from $10 to $5 par (2 for 1)—
Hazel-Atlas Glass Co., from $25 to $5 par (5 for 1)
expansion
895,221
10,000
•
—
1
Curb Exchange
299,996
800,000
1)
Lines
class A, no par
—
—-—
—
DeVilbiss
Eastern
Florsheim Shoe Co.,
900,000
324.378
320,758
266,000
615,945
695,373
—
preferred
Willsor.
Old stock just listed
purposes
1,021,056
585,000
capital—
Corp.,
26
17
5
Corporate
Aircraft
Brothers,
26
433,444
Records, Inc., from $1 to 50c par (2 for 1)
Steel Corp., from $2 to $1 par (2 for 1)
Distillers Corp.-Seagrams Ltd., no par to $2 (5 for 1)
DWG Cigar Corp., from $10 tc $5 par (2 for 1)—
Air
2,989,000
—„—v.;
Dobeckmun
15
United States Lines Co.:
$4.20
(3
62,500
*
preferred-.,
Co.,
Powdrell
776,650
1,750,000
U. S. Industrial Chemicals Inc.:
Common (48,762 shs.)— i.
3?4%
$1
_
——
——
Lynch Corp. (2% for 1)
823,748
5,000,000
preferred
United-Rexall Drug, Inc.:
Capital stock
;
U. S. Hoffman Machinery Corp.:
AV4%
to
250,000
Co., common
27
Detroit
Stores
Watch
922,075
$1.25 par (4 for 1)
par
226,138
——
Issuing Corporation—
Conversion of preferred
Bnion Asbestos & Rubber Co.:
$3.50
no
369,000
—
common
Heller &
E.
Date
680,000
from
925,000
Common
Decca
(637,512 shs.)
Mfg. Co.,
6,452,836
1,200,000
432,000
900,000
common,
500,000
—
.1
———40,000
Sayre & Fisher Brick Co., common
Sheller
3
City Investing Co., common, no par to $5 (8 for 1)
Conde Nast Publications Inc., no par (3 for 1)
Corp!,
448.789
common
14
849,958
for 1)
Laughlin, Inc., from $5 to $2.50 par (2 for 1)
Briggs & Stratton Corp., capital stock, no par (2 for l)—_
Brown Shoe Co., Inc., common, par $15 (2 for
1)
Canada Dry Ginger Ale, Inc.,
common, par $1.66% (3 for 1)
Celanese Corp. of America, common, par $1 (2% for 1)
Century Ribbon Mills, Inc., common, no par (2 for 1)
Champion Paper & Fibre Co., no par (2 for 1)
CheckerCab Mfg. Co., common,
268,528
.
Haven
4
Dana
Common
Twentieth i
Corporate purposes
Corporate purposes
197,264
x
Corp., capital
Cooker Co.,
25
Bliss &
Thomas
4,000,000
-x—_—
Clock & Watch Co., preferred
Mining Co., capital——
New
LISTED
Safety Razor Corp., from $18.50 to $5 par (3 for 1)
Barker Bros. Corp., from 110 par to $10
par (2 for 1)
Bayuk Cigars Inc., no par (2 for 1)—__
Thermoid Co.:
354,500
-
O'okiep Copper Co., Ltd., American shares
Pep Boys-Manny, Moe & Jack, common
tc
American
Co.:
200,000
common
.—
Pressure
New
Feb.
stock
1)
(2
440,000
—.
Co.,
Split-ups of
American Airlines Inc., common, from $5 to $1
par (5 for 1)
American Export Lines, Inc., from $1 par to 40c
par (2 for 1)
American News Co., capital stock, no par (2 for 1)
par
315,000
—
—
—
Watch Co., Inc., common
Co., common
Inc., preferred—/—-
Mfg.
National Mallinson Fabrics
No. of Shs.
(2 for
no
940,858
;
Mfg. Co., common
Lake Sulphur Co., Inc.,
Menasco
SPLIT-UPS
par
3,919,674
Longines-Wittnauer
Walter
NUMBER
Working capital, refunding
preferred
Thatcher
no
common,
capital—
182,273
Amerada Petroleum
Corp.,
34,365
——
Mines; Ltd.,
&
Miller-Wohl
Waltham
1,995,017
Acquisition
Mfg. Co., Inc.:
$2.40 conv. pfd. (113,909 shs.)
Gold
common
1,848,278
■,
Abbott Laboratories, common,
*57,350
*10,000,000
—
Yellowknife
Laclede-Christy Clay Products Co., common
University, capital—
■
Sylvania Electric Products Inc.:
735,688
Holly Stores, Inc., common
2,801,120
THROUGH
319,130
—-
Preferred
190,781
(2 for 1)
Repay teim loans
50,000
——
Corp., common
common
1,021,200
Co.,
COMPANIES CHANGING NUMBER
Improvements, etc.
&
split-ups for the year follow:
Biscuit
Drug
104,308
161,487
„
Glenmore Distilleries Co., common—
Globe Union, Inc., capital
489,708
348,188
dividend
Co.:
574,000
Inc., common
Co., Inc., preferred
600,000
2,914,739
Co.,
Common
Jefferson
200,000
S
—
—
—
(M. H.)
7
Common
—
Forgings Corp.,
346,181
com...
(2 for 1)
United-Rcxall
L
.
common
preferred—i
Superior Tool & Die Co.,
LISTED
Seeger Refrigerator Co. to Seeger-Sunbeam Corp.,
Biscuit
853,850
Common
SPLIT-UPS
OF
Sunshine
Acquisition
Inc.,
Corp.,
■
60,000
—.
common
Raynolds Co., Inc., common
York
Corp.:
Common
Sutherland
to Eureka Williams
CHANGING
listed
stock
Inc.,
Tivoli Brewing Co., common
Venezuela Syndicate, Inc., common
No of Shs.
Acquisition,
&
Electromaster,
Expansion of facilities
from $25
shs.)___
(312,277
Steel
common.
Rubber Corp. to Hewitt-Robins Inc., common
Hupp Motor Car Corp. to Hupp Corp
Kroger Grocery & Baking Co, to Kroger Co
Thatcher Mlg. Co. to Thatcher Glass
Mfg. Co., Inc
Stokeley-Van Camp, Inc.:
Superior
Devoe
preferred
Sugar Co.,
Bros.,
240,000
.
179,000
Co.
COMPANIES
Common
Atlantic
Davidson
3LO.OOO
378,609
_
Cooper Brewing Co., Inc., common
Cuban
230,000
—_—
512,829
1,697,223
$5 preferred
Eureka Vacuum Cleaner
Refunding
Spring Co.:
$4.50 pfd. (4,400
Sun Oil Co.:
568,101
Hewitt
Common
Sun
Colonial
429,960
——
Mfg. Co., Inc., common
Mills, Inc., capital
Philip Blum & Co., Inc., common
Inc., to ATF Inc., common
Budd Mfg. Co. to Budd Co., common
Chicago Mail Order Co. to Aldens, Inc., common (par $5)__
Deisel-Wemmer-Gilbert Corp to DWG Cigar Corp
Standard Brands Inc.:
Standard Steel
Clarostat
Namm's, Inc., common
1,316,638
Type Founders,
Beatrice Creamery
$3.50 pfd. (220,000 shs.)
■Standard Oil Co. (Ohio):
Co., Inc., common.
Angcrman
LaSalle Extension
No of Shs.
Common
3%%
Co., .common
American Metal Products Co., common
Logansport Distilling Co., common
1,205,437
par
NAME
OF
149,910
730,052
Car
996,000
:8perry Co.:
■Spiegel
881,183
Bantam
813,427
Acquisition, etc.
COMPANIES
2,714,090
RR.,
Brothers, Inc., common, from no par to $5 par
Holly Sugar. Corp., common, from 110 par to $10 parj—
Lehigh Valley Coal Corp., from no par to $1 par
Northwest Airlines, Inc., common, from no par to $10
par_
387,845
——__ —
Kaiser-Frazer Corp., common
Gimbel
Patino
tabula¬
American
Giant
28,109
shares, from $10 to $5 par
Thatcher Glass Mfg. Co., Inc., from no par to $5
par
United Corp., common, from no par to $1 par
purposes
Corporate purposes
our
the New York Stock
on
467,499
General Builders Supply
stock
PAR
CHANGING
reorganization
U.
connected' with
way
Stores, Inc., common
Aeronautical Products, Inc., common
Alaska Airlines, Inc., common
Hurd Lock
CHANGING
acquisition
per
$1
Hat
Franklin
for
No of Shs.
1,544,537
Carpet
South
of
Corp.:
plan
>
Valley
COMPANIES
Common
Smith
Co.
&
prior
cumulative
shs.)
certificates
Co.
listed
Corp.:
(224,892
Adam
750,000
Nichols
Lehigh
listed
301,010
Common
Sheraton
Austin,
cumulative
Seiberling Rubber Co.:
Sharon Steel
Woolen
ferred stock
Purchase of machinery, etc.
10,000,000
5,850,000
par
the New York Curb Exchange
on
any
Acme Aluminum Alloys, Inc., common
No of Shs.
American
Co.:
1)
common,
2,609,101
Fishman
LISTED
etc.
Seeger-Sunbeam Co.:
for
(3
par
Exchange,
present herewith for what it may be worth, a list
of companies whose shares were approved for listing1
by the New York Curb Exchange during 1946.
Original
listings totaled 53 and the total shares approved aggre¬
gated 33,920,005 shares.
The list follows:
WERE
ISSUED, THE SECURITIES THEMSELVES HAVING BEEN
Scott Paper Co.:
3.40 pfd.
no
300,000
1,984,192
—
No. of Shs.
following
SECURITIES
purposes
—
Manufacturers, Inc.,
,
First
Common
284,000
currency.
the
their
dividend
Issued
4,000,000
of
1,514,694
we
representing 197,500 common shares (par
100 pesos)
Mexican currency.
tAmerican shares representing deposi¬
tory receipts for 167,467 6% cumulative preferred stock (par.75 pesos)
Mexican
&
Although not in
v
changing
shares listed through
stock split-ups, and finally, a list of companies
changing
the number of shares listed through
split-ups without
capitalizing in any way the additional shares issued.
purposes
Bepubiic Fictures Corp.:
$1
.■
3,600,000
1)
Listings of Stocks
•
Stock dividend
American shares
number
3%%
shares
stated
or
1197,500
In
just listed
Orpheum Corp.:
-
1,500,000
..
-
tion of securities listed
•
,
"Indicates
10,244,000
(100,000 shs.)
..-.y.
;
—-
Merchants
for
(3
Refunding
Refunding
<■
500,000
:/
'
Inc.:
Industries,
pfd.
Bheem
*1,071,825
*25,000,000
cos.
Corporate purposes
100,000
preferred
Corporate purposes
shs.)—
450,000
339,484
Sweets Co. of America, from $12.50 to $4.16%
par (3 for 1)
Timken-Detroit Axle
Co., common, from $10 to $5 par
—
J:
Common
Co.:
Common
-
Inc.:
(115,873
412,468
400,000
5,487,96SP
no par to $1 par (2 for 1)
Mfg. Co., common, from $10 to $5 par (2 for 1)—
Schenley Distilleries Co., common, par $1.75 (10 for 7)
(E. R.) Squibb & Sons, common, par $1 (3 for 1)
Superior Steel Corp, common, from $100 to $50 par (2 for 1)
United
316,654
Co.,
Common
Acquis, of constituent
30,940
:
—
Common
Badio
&
783,649
1,185,942
Pond Creek Pocahontas Co., from
(2 for 1)
United Fruit Co., capital stock,
V"
5,318 514
J.)
—
Stock dividend
■
437*6(10
373*204
530*424
300*009
922*00«
par to
Reliance
"
463,980
Common
re¬
2,080,625
Willys-Overland Motors, Inc.:
Common
Co.:
Pressed Steel Car
listed,
Co.:
Glass Co.:
i
just
Exchange for 7% preferred
Exchange for 7% preferred
$4.25 cum. pfd. (250,000 shs.)
Wyandott Worsted Co.: '
_
stock
7,997,400
—_
1
no
(J. C.) Penney Co., common, 110 par (3 for 1)
Plough, Inc., from $7.50 to $5 par (3 for 1)
Working capital
1,999,350
Common
.
Common
distribution
Electric Corp.:
—
preferred—
Wilson
*2,500,000
115,210
—
Common
3'/2%
Corporate purposes
1,606,300
Old
1)
(G. C.) Murphy Co., common, par $1 (4 for
1)
National Department Stores Corp.,
common, from
$5 par
Distilling Corp., common, no par (3 for 1)__
Newberry Co., common, no par (4 for 1)—
Neisner Brothers, Inc., par $1 (3 for 1)
Pacific Mills, capital stock, no par (2 for 1)
„L
Lines, Inc.:
Westinghouse
Co.:
Pittsburgh
1,497,490
Western Air
White Motor
10,000,000
Stock
236 832
National
funding
Corporate purposes
.
3%%
preferred
ffhillips-Jones Corp.:
$4.75
Old stock just listed
Wayne Knitting Mills:
Corp.:
4 Vat %
co."
Expansion
Pictures, Inc.:'^"-.:': •
J
18,505,450
Common
co.
Co.:
stock
Publicka
Acquis, of constituent
2,700,000
—
3
~~
Mojud Hosiery Co., Inc., from $2.50 to $1.25 par (2 for i)!
Munsingwear, Inc., common, from no par to $5 par (2 for
(J.
common
Common
3,670,649
.
v•
etc.
4,000,000
Corp.:
—_
Pennsylvania-Dixie Cement Co.:
Capital stock
•
preferred
Class A
Inc.:
i
Penn-Central
Pittston
300,000
—
Warner Bros.
(15,000 shs.)
Pictures
Common
Capital
Acquisition
Inc.:
Cos.
Common
-
6,000,000
Co.:
_
599 750
Lane
Visking Corp.:
12,000
-
-
Paramount
JPhilco
preferred
Norman
57
No. of Shs.
Kimberly-Clark Corp., no par (2 for 1)
Bryant, Inc., no par (2 for 1)
;
Madison Square Garden
Corp., no par (3 for 1)—
Minneapolis & St. Louis RR., no par (4 for 1)
I
just listed
Corporate purposes
Corporate purposes
Victor Chemical Works:
co.
Co.:
Common
4Dr.)
cum.
stock
Expansion,
149,617
-"■*——•*"—-—-
Common
11,778,490
—-—
Old
Universal Pictures Co. Inc.:
Western
Capital
2,376,180
4,000,000
preferred
(-2049)
Purpose of Issue
Paper, Inc.:
Common
northwest
Common
Amount
Common
Common
Common
Common
Common
Common
Common
£api!:ai
—
stock
dist.)—
Capital
Common
irx
58
THE COMMERCIAL & FINANCIAL CHRONICLE
(2050)
State and
Monday, April 14, 1947
City Department
BOND PROPOSALS AND NEGOTIATIONS
Selma, Ala.
$550,000 will
at the
election to be held on April 22.
These bonds are described as fol-
bonds amounting to
be submitted to the voters
lows:
j
,
$300,000 school construction bonds.
250,000 parks, stadium and other
projects bonds.
highest
bidder
'
Kern County,
District
School
Rock
Rock), Ark.
(P. O. Little
Offering—Sealed bids will
Bond
April
24, by R. M. Blakely, Secretary of
be received until 8 p.m. on
of $500,000 2%
purchase
coupon
$1,000.
Denom.
bonds.
school
the
for
Directors,
of
Board
the
$15,000
in 1951 to 1955, $20,000 in 1956,
$25,000 in 1957, $50,000 in 1958,
$51,000 in 1959, $52,000 in 1960,
$53,000 in 1961, $54,000 in 1962,
and $55,000 in 1963 and 1964. The
follows: $10,000 in 1950,
bonds shall be callable in inverse
numerical
order
on
been
until
21, by the County
Clerk, for the purchase of $125,-
in
for
callable
a
on
issue of non-con¬
an
vertible- bonds
the other for
and
;the
submit
bid
a
Los
bids
or
on
basis, with the non-con¬
vertible
or
convertible feature,
the Board will consider such bids,
to
found
be
the District.
"-Alternate
-
interest of
in the
~
*
-
r-
t
shall
bids
be
highest
$1,000.
bidder
was
National
ings
Asociation,
for
$72,000
a
will
until
10
for
(P. O.
Angeles), Calif.
Bond Offering—Sealed bids will
be received until 10
a.m.
April
on
22, by J. F. Moroney, County
Clerk, for the purchase of $95,000
to exceed
1,
Bond
until
on
at
for cash Only and at not less than
par
until
bonds
sold
into
issue
an
of
the
for
11
1,
(P. O.
Calif.
a.m.
bonds
bid
for.
as
the
issued),
monies will be
commenting
ac¬
1948 and
required
the
amount not
31, 1952.
The
bonds are subject to amendment,
modification
or
alteration with
than
later
Dec.
the consent of the holders of 75%
interest payment date
and after
bid
Jan.
Riverside
(P.
County
A. Pequeg-
Offering—G.
Bond
receive
will
Clerk,
County
nat,
School Districts
sealed bids until 10 a.m. on
14
the purchase
for
April
of $1,500,000
2%
bonds
sold
at
the
for
bid
pay
the
entire
of
amount
said
bonds,
on
Desert
$750,000
bonds.
School
District
May 1
Due $30,000 on
1972, inclusive.
to
1948
from
750,000 Palm Springs Union High
School District bonds.
Due
$30,000 on May 1 from J 948 to
1972 inclusive.
bonds will be dated
of the
All
and
May
Denomination $1,-
furnish the printed bonds and the
bid for, payable to the Chairman
deemed
must
unqualified approving opinion of
Rose, Dobyns, Meek & House, of
Little Rock,
and will pay the
charges of the trustee and the
Board
1957,
1961;
par
with
for
privilege
District
paying agent. Enclose
check
price
the
The
a
certified
$5,000, payable to
the
District.
or
forf varying rates of interest
of
Supervisors.
Los
Angeles County, Mountain
View School District (P. O.
Los Angeles), Calif.
Bond
bonds
Sale—The
offered
$65,000
for
sale
amount
after
Alameda County, Newark School
District (P. O. Oakland), Calif.
April
on
Bond
Election
—
An
issue
of
150,000 school bonds will be submited to the voters at the election
to be held on May 9.
%
Brentwood Sanitary District
Secretary of the Board of
tors, that $20,000 sanitary
sewer
approved by the voters at
election last June, have been
purchased
by R. H.
Co., of Los Angeles.
California
Financial
Issued
—
and
A
Moulton
(State
&
of)
Economic
Study
comprehensive and
extremely interesting study of the
economic
resources and financial
status of the State has
just been
compiled by Heller, Bruce & Co.,
and
copies
of
same
to
1964.
The
and
$8,631.45
tion
municipal
and
investors is the section de¬
improvemen
Issuec
July 24, 1939.
municipal improvemen-;
district No. 37 bonds.
Issuec
under date of Dec. 13, 1937.
7,614.32 acquisition and improve¬
Jan.
1,
$1,000.
1, 1947. Denomina¬
Principal and inter¬
urer's
office.
rate
of
Bidders
interest
,to
is
to the
a
i 1
s
—
irrespective
said bonds.
of
the
Bidders
maturities
These bonds
delivery,
of
are
of
part
of the
the
County
each
for
Chairman
the
Board of Supervisors.
issue,
payable
to
County, Carmichael
School District (P.O.
Sacramento), Calif.
Sacramento
Bond
Sale—The $28,000
bonds offered
165, p.
—v
William
to
school
for sale on April 7
1913—were awarded
James & Co., of
D.
Sacramento.
Sacramento
River
County,
Consumnes
Union School
District
(P. O. Sacramento), Calif.
Bond Sale—The $50,000 school
sale on April 9
1913—were awarded
B. James & Co., of
bonds offered for
—v.
165,
p.
William
to
Sacramento.
Calif.
Sale—The $900,000 sewer
bonds offered for sale on
San Leandro,
of 1947
thereof.
.
of
June
5
.
within -the
District
(unless
Santa Paula,
Calif.
$50,000
Sale—The
Bond
drain¬
bonds offered for sale on April
-v.
165, p. 1503—were awarded
age
to the California Bank of Los An¬
geles,
a
144s, at
as
basis
of
price of 100.054,
a
about
1,
Dated
1.24%.
Denom.
$1,000.
$5,000 from
1948 to 1957.
The next
1947.
are
due
Calif.
Sonora,
Bond
Election
—
of
issue
An
bonds
will be submitted to the voters a%
the election to be held on May 20.
$54,500
street
and
sewer
County School Districts
(P. O. Modesto), Calif.
bids will
Bond Offering—Sealed
be received until 2 p.m. on
April
Clerk of the
Board of Supervisors, for the pur- i
chase of school bonds aggregating
14, by C. C. Eastin,
$1,137,000 divided as follows:
Elementary
Modesto
$1,085,000
School
District
Due
bonds.
follows: $43,000
in 1948 to 1962, and $44,000
in 1963 to 1972, all inclusive,
52,000 Keyes Union School Di£-/
May 1,
on
as
trict bonds. Due
on
follows:
in
May 1,
as
and
1949; $3,000 in 1950 to 1961,
and $2,000 in
1962 to 1967,
$2,000
1948
inclusive.
all
Denomination
Dated
$1,000.
May 1, 1947. Interest rate is not to
exceed 5%, payable M-N. Prin-n
cipal and interest payable at the
County Treasurer's office.
Tulare County, Elbow Sch. Dist. '
(P.O. Visalia), Calif.
Bond
will
Offering
—
Sealed
be received until
10
bids
a.m.
on
Gladys
Stewart,
Clerk of the Board of Supervisors,
for the purchase of $15,000 school
April
15,
by
bonds.
Interest rate
is not to
ex¬
ceed
5%, payable A-O. Denomi¬
nation $1,000. Dated April 1, 1947.
Due $3,000 on April 1, in 1948 to
1952, inclusive. A certified check
5% of the amount of bonds
for
bid for,
of
the
payable to the Chairman
of Supervisors, is
Board
required.
Woodland,
will
be
Offering
received
Calif.
—
Sealed
until
11
bids
a.m.
22, by Rose
Bloom, .City Clerk, for the pur¬
(PST),;
on
April
1776—were chase of $400,000 municipal im¬
composed provement bonds, approved by
of Halsey,
Stuart
Co., C. F. the voters at an election held on
Childs
&
Co., of Chicago, and Feb. 25.
Lawson & Levy1 & /Williams, of;
COLORADO
San Francisco, at a price of 100.028, a net interest cost of 1.9417%
Denver County, Lakewood School
April *8—v.
165,
p.
awarded to a syndicate
,
lands
The
any or
date
offering 100.736 for 2s.
Bond
value
under
Dec.
Dec.
state sep¬
and
the premium, if any, offerect for the bonds bid for, and
the
rate of interest said bonds
shall
bear.
Enclose a certified
check for 5% of the bonds bid
City Council may reject
all proposals and no bonds
can be purchased unless the
pur¬
chase price is less than the par
ment district No. 38 bonds. Is
on
p.
15, 1946. Due $5,000
15, 1947 to 1957, incl.
Runner-up
in the bidding was Weeden & Co.,
interest to the
arately
Bond
Additional D et
165,
nterest payable J-D.
and accrued interest
Each bid
state that the bidder offers
name
will be permitted to bid different
rates of interest and to split rates
Dated
from
date of delivery.
and accrued
date
in
required.
Principal and
at
$1,000,000 issue to be voted
upon at the election to be held on
April 18. All of the bonds con¬
stitute general obligations of the as follows: For $420,000 maturing
District, and both the principal $30,000 June 15, 1948 to 1961, as
of and interest thereon, are pay¬ 144s, and $480,000 maturing $30,able from revenues derived from 000 June 15, 1962 to 1977, as 2s.
annual- assessments
upon
the Interest payable J-D. Dated June
1939.
the San Fran¬
after
est payable at the District Treas¬
the
under date of
9,203.16
sued
or
Dated May
Municipal Improve¬
Acquisition District,
and
1969, and prior to Jan. 1, 1973;
y? of 1% of such princi¬
pal amount if redeemed on
and after Jan.
1, 1973, and
prior to Jan. 1, 1977.
highest
district No. 35 bonds.
to
St.,
on
multiples
Bond Proposals Wanted—L. V.
of 44 of 1%. The legal opinion of
McCardle, City Treasurer, has an¬ Orrick,
Dahlquist, N'eff, Brown &
nounced
that
he
will
receive
Herrington, of San Francisco, ap¬
sealed proposals until 10:30 a.m.
proving the validity of the bonds,
on May
12, for the purchase and will be furnished
by the District
cancellation of the following re¬
without charge. A certified check
funding bonds:
for 2% of the amount of the bid
application
cisco branch at 1200 Mills
Tower.
Of particular interest
to dealers
and
coupon
1914—were
awarded to R. H. Moulton & Co.,
of Los Angeles, as l%s, at a price
of 100.136, a basis of about 1.725%.
less than par
and
National
Calif.
either the firm's New York office
at One Wall
next
First
Angeles,
be
upon
Dated
Bank, of Los Angeles, for 2V4s.
may
obtained
2.178%;
the
was
by the
bonds
an
1949
bidder
ment
Direc¬
about
1961,
and after Jan.
deemed
May 1, 1947. Denomination $1,000.
These bonds are due May
1, in
Los
(P. O. Brentwood), Calif.
Bonds Sold—It is stated
of
1,
and
on
1, 1965, and
prior to Jan. 1, 1969; 1% of
such principal amount if re¬
165, p. 1913—were awarded
to Blyth & Co., of Los
Angeles,
as
2y4s, at a price of 100.66, a
basis
Jan.
redeemed
prior
1, 1965; iy2% of such
principal amount if redeemed
8—v.
CALIFORNIA
if
to Jan.
school
on
on
and after Jan. 1,
and prior to Jan. 1,
2% of such principal
payable
The bonds will
be sold for cash only and at not
after Jan.
1, 1953, and
prior to Jan. 1, 1957; 2y2% of
such principal amount if re¬
conversion.
1947.
Interest M-N.
will be rejected. Enclose a certi¬
fied check for 3% of the bonds
of
1,
interest
will
for the bonds
7—v.
Stanislaus
follows:
as
cipal amount if redeemed
or
$55,000
interest bonds,
exceed 5%
not to
Treasurer's office.
than it would receive
April
O. Riverside), Calif.
000.
single rate of in¬
bid for less than
Sale—The
school bonds offered for sale
1,
date
of
redemption plus a
premium of: 3% of such prin¬
a
any
Santa Cruz), Calif.
Bond
nighest bidder was the American
Trust Co., San Francisco, for IV2S.
terest, and
to
(P. O.
April
on
thereon
Union
Aptos
amendment.
said bonds at
no more
interest
County,
bonds
1, 1953, at the
principal amount thereof and
Cruz
.Elem. Sch. Dist.
April
and
any
Santa
These
Bonds
are subject to
redemption as a
whele or in part (by lot) at
the option of the District on
recreation
and
bonds.
(iii) reduce the percentage of
bonds required to consent to such
accrued
pay
to
amounting
bonds,
the rate of interest on the
shall be for the entire amount of
less and
bonds
250,000 park
in
receive
,
available
required reserve will be built
to
up
Due Jan.
follows:
1, 1977.
call
offered
Each
or
000 in
1972
and
1973, and
$30,000 in 1974 to 1977.
500,000 series B bonds. Due Jan.
delivery and state
the premium, if any,
interest
coupon
$5,000 in 1952
to 1958, $10,000 in 1959 to
1962, $15,000 in 1963 to 1967,
$20,000 in 1968 to 1971, $25,-
of
of
hereafter
cumulated
construction
and accrued interest to
rate
$67,500 (to be increased to $75,000
if bonds of the Second Division
bonds bearing a lower rate of in•terest provided the District will
no
:
$55,000 library bonds.
of
fund in th£ amount
reserve
a
or
Each
interest.
accrued
not
As
bonds the
District will create and maintain
(PST) on April 22,
:'or the purchase of the
following
fourth issue, first
division, dam
bid must state that the bidder of¬
the
District
Valley),
Ne¬
principal amount of all of the
Bond
Offering —Elizabeth
P. bonds then outstanding, but no
Frey, Secretary of the Board of amendment shall (i) extend the
Directors, will receive sealed bids maturity of the bonds, (ii) reduce
the
The bonds will be sold
separately
bids will be received
April
Irrigation
and
further security for the
Reserve Fund
reported
000 school bonds.
Feb. 18. Principal
and interest payable at the County
par
is
Valley
and certain institu¬
The District estimates that
for the payment of both principal
of and
interest on said bonds.
14, by the County
Clerk, for the purchase of $100,-
interest to
of
authorized
bonds
election held
and
Offering—It
that sealed
multiples of V\ of 1%. These
Rate
conversion
the
following
City
such revenues, after 1951, will
be less than $75,000 per year.
are
$400,000 series A bonds.
May
be in
date
2.189%.
from
1967.
the
and
$5,000
De¬
to
fers
Sav¬
Dated May 1,
1949
and
&
Francisco,
$1,000.
5%, payable M-N.
Due
the
Trust
San
registered
bonds amounting to
$900,000, not
exceeding 5% interest:
Interest rate is not
school bonds.
mitted for the bonds without any
privilege and for the
bonds with the conversion privi¬
lege. In the event the bonds are
sold with the conversion privilege,
then the purchaser may convert
about
Grass
Angeles County, Eastside
Union Sch. Dist.
are
of
Nevada
Los
of
Bank
(P. O. San Rafael), Calif.
136-137.
Los
next
$85,000 2y4s,
price of 100.043, a net interest
Sought—H. L.
tenders
13
2s,
The
Marin County, Ross Sch. Dist.
the sale of
up to $8,000 bonds of Acqusition
and Improvement Districts Nos.
May
on
Treasury.
sub¬
tions.
Denomination
Grass
of
Cities
1965 to 1967, as 2 ^s. Interest pay¬
able >J-D.
Dated June
1, 1947.
0.
Treasurer,
sealed
receive
a.m.
1947.
non-
a
San Mateo, Calif.
,
Bonds Voted and Defeated—The
ratably
and
vada
Angeles), Calif.
County
Byram,
(P.
County
District Tenders
nomination
callable
if
Angeles
to
desires
bidder
the
event
$61,000 maturing June 1, $8,1964, and $7,000 in
ly
000 in 1960 to
cost
Los
In
issue of convertible bonds.
an
a
published in the City.
Bids must be made
one
week
weeks
consecutive
newspaper
basis,
each
once
and
at
000 school bonds.
has
call
the
All of the bonds are equal¬
trict).
Bond Sale—The $157,000 school
bonds offered for sale on April 8
America
be received
April
interest
any
of
published
four
for
notice
after
Tehachapi Sch. Dist.
bids will
that sealed
paying date upon payment of the
face amount, plus accrued interest,
and
Bank,
(P. O. Bakersfield), Calif.
Bond
Offering—It is reported
1947. Due on May 1,
Dated May 1,
as
California
the
was
Angeles.
ARKANSAS
Little
shall
purpose
secured without $225,000 were favorably voted at
:
preference or priority between the election held on April 1:
—v.
165, p. 1913—were awarded the respective divisions or series $60,000 police department bonds.
to the American Trust
thereof by exclusive allocation to
105,000 fire department bonds/*
Co., of
San Francisco, at a price of 100.34, their payment of the gross reven¬
60,000 corporation yard bonds. :
7___v. 165, p. 1913—were awarded
At the same time the following
a net interest cost of
ue received
b.y the District from
2.122%, as
to the Bank of America National
follows:
For
$96,000
maturing the sale'of water for domestic bonds amounting to $305,000 failed
Trust &
Savings Asociation, of
;
$8,000 June 1, 1948 to 1959, as 2s, purposes including sales to the to carry:
San Francisco.
The next
Coalinga Local Hospital District
(P. O. Coalinga), Calif.
Bond Sale—The $50,000 hospital
bonds offered for sale on April
Los
:
such
for
otherwise be provided by the Dis¬
Madera), Calif.
subdivisions.
of
issue
Election —An
funds
County, Chowchilla
School District (P. O.
political
debt of the State and its
Bond
Madera
the outstanding bonded
voted to
ALABAMA
15,
1947.
Denomination $1,000.
District (P.
O. Lakewood) Colo. J
Bonds Voted—An issue of
000 construction bonds was
$135,-?
favor¬
ably voted at an election held
recently.
/i,; -/// / //ii •Z;
'
Volume
165
Number 4585
THE COMMERCIAL' & FINANCIAL CHRONICLE
4)
CONNECTICUT
Millstadt
Bond
A.
re¬
ceive sealed bids until 3
p.m.
on
April 16 for the purchase of $246,000 issue of
1947, school bonds.
Dated May 1, 1947. Denomination
$1,000. These bonds
1,
due
are
May
follows: $46,000 in 1948, and
in 1949 to 1968. Bidders
as
$10,000
to
the
name
rate
of
interest
in
multiples of 1/10 of 1%. Payable
at, certified by and delivered at
}* the
Milford
Trust
Co.,
Milford,
of Day,
Hartford,
i subject to legal opinion
Berry
&
Howard, of
about May 1,
1947. A certified
check, for $2,000, payable to the
Town, is required.
Tenders
stated by
that
—
until
8
It
is
(EST), on
May 6, of refunding bonds, series
A and B, dated Jan. 1, 1938. Tend¬
ers should designate the
price at
which
such
p.m.
bonds
offered
are
to
1777—were
p.
:
said
have
to
file
to
in
a
of
of
started
is
Largo
negotiations
petition in
bankruptcy
the City
bondholders at a dis¬
a
to settle with
move
Largo
count.
The town
•
has
been
fyeld liable
by the Federal District Court for
collecting- more than $2,000,000
debt of the defunct City of Largo.
In two
town
instructed
to
levy
40
mills toward the debt.
com¬
missioners announced they would
not appeal the court decisions.
Denomination
$1,000.
Millstadt.
Nauvoo, III.
Bonds Voted—At
March
26
the
Tentative
Sale
Paris, III.
Bond
Election
An
—
issue
of
fire
to .the
voters- at
election to be held
the
April 15.
on
Pawnee, III.
Bonds Voted—At
March
21
the
thority has set June 3
i
the ten¬
as
tative date for opening of bids on
an
offering
bonds to
with
of
about
be issued
on
authorized
following bond issues: $6,000
street improvement and $4,000 fire
department equipment.
Bonds
$280,000 water
ing, of
course,
the successful
is contingent upon
disposition of suits
filed by holders of certain classes
of
private company securities in
opposition to the project. Some-
time ago various investment bank¬
-
ing firms indicated their interest
in the proposed
Authority bonds,
them being a syndicate to
be headed by Harris, Hall & Co.,
Blyth & Co., and the First Boston
Corp.
revenue
purchased recently
issue
bonds
of
was
by John Nu¬
Co., of Chicago, as 1.70s.
Dated May 1, 1947. These bonds
are
due May 1, as follows:
$15,-
000 in 1948 to
1965, and $10,000 in
1966, optional May 1, 1959. Legal¬
ity approved by Chapman & Cut¬
ler, of Chicago. Interest payable
M-N.
Sullivan, III.
Bond
Election
—
An
issue
of
$30,000 street improvement bonds
at
be
submitted
the
election
to
to
the
be
voters
held
on
April 15.
Warsaw, III.
Negley, Jens &
Peoria, purchased as 2Vzs
Sold
the
issue
—
"$25,000
of
street im¬
provement bonds authorized at an
election on April 1.
•
Bond
Sale—The
boulevard
offered for
1504
p.
iy2s,
as
awarded
were
—
Northern
coupon
Trust
at
Co.,
price
a
basis of about
of
of
to
the
Chicago,
100.548, a
bidding
offering
Ty>%
was
John Nuveen & Co.,
of 100.279 for
price
bonds.
a
Council Bluffs, Iowa
Bond Sale—The
$17,000 fire de¬
partment bonds offered March 27
165,
the
p.
1640—were
State
IV2S
Bluffs,
was
made b.y Wachob-Bend-
Corp.
er
Glenwood, Iowa
$249,000 electric light and power
plant bonds, scheduled for April
4, was cancelled.
Purchased—An
issue
Soldr-The County Treas¬
states that $100,000 hospital
urer
purchased recently by
Municipal Bond
Corp.,* of
Chicago. Dated Feb. 1, 1947. Le¬
two local banks
gality
1, as follows: $4,000
000 in 1949; $6,000,
was
Trauernicht,
bonds
were
of
by Charles &
St. Louis. These
approved
on
Feb.
4,
->'by the Village Board.
—
i-%'
■
si
/
of
were
101.03,
Dated
and
est
a
purchased recently by
as D/^s, at a
price
basis of about 1.385%.
May 1; 1947.
Due
on
Nov.
in
1948; $5,1950 to 1956,
$7,000 in 1957 to 1963.
Inter¬
payable M-N.
Lake County Sch. Dist. No. 6
Reinbeck, Iowa
(P. O. Zion), III.
Bonds Sold—An issue of $463,000 school bonds is said to have
$15,000
Building
J-D.
1945.
Bonds
Sold
—
It
is
Community
stated
that
Memorial
bonds were purchased
/been purchased recently by the recently by the Lincoln
Savings
Hams Trust & Savings Bank, of
Bank, of Reinbeck, as \lk%, at
Chicago, as 2%s. Dated March 1, price of 101.56. a basis of about
1
1947. Due on Dec. 1, as follows: 1.32%.
Denomination
$1,00 0
$10,000 in 1948 to 1951, $11,000 Dated March 1, 1947. Due on Nov
in 1952 to 1954;
$12,000, 1955; $24,- 1, as follows: $5,000 in 1952, and
•000, 1958 and 1959; $25,000, 1960 $1,000 in 1953 to 1962.
Interest
•?: to 1963; $75,000, 1964 and 1965, and
payable M-N. These bonds were
$80,000 in 1968. Interest payable approved by the voters in June
■
bids
received for the bonds.
were
Bonds
Offered
for
Investment
•The
successful
bidders
reoffered the above bonds for gener¬
al subscription.
The bonds ma¬
Sale
La.
Cancelled
—
It
is
stated by the Clerk of the Board
of Education that the sale of the
$300,000
improvement bonds to
Co., of Wichita, as
165, p. 1366—has
been cancelled, as the bonds were
rejected at the election held on
Crummer
bonds
$64,000
offered
for
sale
school
April
165, p. 1777—were awarded
to the Equitable Securities Corp.,
on
3—v.
at
price of 100.001, a net inter¬
1.664%, as follows: for
$35,000 maturing May 15, $5,000
in 1948 and 1949, $6,000 in 1950 to
their issuance.
1952, $7,000 in 1953, as iy2S, and
$29,000 maturing May 15, $7,000
Parsons, Kan.
1954 to
Bonds Voted—At an election on in
1956, and $8,000 in
Interest payable
April 1 the voters approved an is¬ 1957, as l%s.
sue
of
$90,000 sewage disposal M-N. Dated May 15, 1947. De¬
nomination $1,000. The next high¬
plant addition bonds.
est bidder was White, Hattier &
Ransom, Kan.
Sanford
for
$49,000 1:94s, and
Bonds
Sold—The City Treas¬ $15,000 2s, at a price of 100.01.
urer states that
$4,800 2% semi¬
Vernon Parish, Leesville Sch. Dist.
annual refunding bonds were pur¬
No. 16 (P. O. Leesville), La.
chased recently by the Farmers
Bonds Offered for Investment—
State Bank, of Ransom, at a price
The following bonds aggregating
of 101.00, a basis of about 1.81%.
are
being offered by
Due $400 in 1947 and 1948, and $200,000,
Scharff & Jones, qf New Orleans,
$500 in 1949 to 1956.
for general subscription:
Additional Sale—The Treasurer
$148,000 2V2% school bonds. Due
also reports that $4,200 water im¬
on Sept. 1, in 1947 to 1962, in¬
provement bonds were purchased
clusive.
last February by the above bank
52,000 2V4% school bonds.
Due
at a price of 101.00.
W on Sept. 1, in 1963 to 1966, in-here—v.
Sale
—
The
a
est cost of
Denomination
$1,000.
Dated
1947. Principal and in¬
terest (M-S) payable at the Hibernia National Bank, New Or-j
leans.
Legality
approved
byi
March
1,
May 6 for the purchase!
154,458.85 general improvement, of
$268,000 building and equip¬
water supply,
Series No. 2 ment bonds. Dated July 1, 1947.,
bonds.
Due on April
1, in Denomination $1,000. Due July 1,1
:1948 lo 1957, inclusive.
as
follows: $15,000 from 1948 to
Dated April
1, 1947.
Interest 1950 inclusive; $16,000 in 1951 and
payable A-O. Runner-up in the 1952; $17,000, 1953 and 1954; $18,bidding was the Harris Trust & 000, 1955 and 1956; $19,000, 1957
Savings Bank, Chicago, offering and 1958; $20,000, 1959 and 1960;
100.006-for $341,668.85 as Is, anc $21,000 in 1961 and $22,000 in 1962.
A certified check for 2% of the
$84,000 as iy4s.
amount of the bonds is required.
p.m.
KENTUCKY
Bonds Authorized—An issue of
$400,000
bonds
has
water
been
works
on
Legal opinion of Chapman & Cut¬
ler of Chicago will be furnished
Bowling Green, Ky.
refund outstanding balance of the
Kennebec Bridge issue of June
1,
1927, callable June 1, 1947.
MARYLAND
the succesful bidder.
system
Bond
Tenders
Invited
—
Ac¬
cording to the terms of the Trust
Indenture, dated June 1, 1941, se¬
curing State of Maryland Bridge
Revenue
Refunding bonds, the
State Roads Commission may
ap¬
excess funds in the Sinking
ply
Fund
to the
purchase of bonds of
this issue.
..
Tenders will be received at the
office of the Chief Auditor of The
State
Roads
Commission, Balti¬
Md., on or before 3 o'clock
April 11, for $350,000 prin¬
more,
p.m.,
cipal
of
amount
land
Bridge
State
Revenue
of
Mary¬
Refunding
bonds.
The offer of bonds of this issue
be for
those
maturing in
1959, or in 1958, the Commission
reserving the right to purchase
all or any part of those offered. * »
must
/ Purchases will be made for the
Sinking Fund at the lowest price
offered, together with accrued in¬
terest.
MASSACHUSETTS
Braintree, Mass.
$300,000
Note
Sale—The
tem¬
porary loan notes offered for sale
April 7—v. 165,
on
p.
1915—were
awarded to the Merchants Nation¬
al Bank of
0.587%.
Boston, at
Due
on
a
discount of
Nov.
.10,
bidding
Runner-up in the
1947.
was
a
joint offer of the Second National,
Bank, and the Boston Safe Deposit
&
Trust
of
0.594%.
Note
Ginn,
!
Co.,
on
discount
a
rate
Bridgewater, Mass.
Offering—Edward F. Mc¬
Town
Treasurer,
will
ceive sealed bids until 11
a.m.
re¬
on
April 16 for the purchase of $42,000
water
coupon
Maine
main-'notes.
1.5
April 15, 1947. Denomina¬
$1,000. Due $3,000 on April
from
Car¬
to
1961
inclusive.
mulitples of V* of 1%.
Principal
(A-O) payable at the
and interest
Merchants National Bank of Bos¬
ton.
Notes will be certified
genuineness
as
to
the Director -of
Accounts, Department of Corpora¬
tions
and
Taxation, v Common¬
by
wealth of .Massachusetts.
Greenfield, Mass.
Note
Sale—The $150,000 school
bonds offered for sale
were
on
April 8
awarded to the First Nation¬
al
Bank
at
a
of
Greenfield, as iy4s,
of 101.05, a basis of
April 15,1947.
Denomination $1,000. These bonds
are
payable $15,000 thereof on
April 15 in each of the years 1948
price
about 1.05%. Dated
to
inclusive.
1957
Interest
pay¬
able A-O.
The $88,000 water
offered for sale
awarded
on
supply bonds
April 8, were
to
Halsey, Stuart & Co.
price of 100.139, a
basis of about 1.23%. Dated April
as
iy4s, at
a
Denomination
$1,000.
are
payable $6,000
April 15 in each of the
years 1948 to 1960 inclusive and
$5,000 thereof April 15 in each of
the years 1961 and 1962 inclusive.
Interest payable A-O.
1947.
bonds
thereof
S.
1948
Rate of interest to be expressed in
These
(State of)
Offering—Frank
tion
15,
MAINE
approved by the
City Council.
Maryland State Roads Commission
Dated
elusive.
following
General will be furnished the
purchaser. Purpose of issue is to
/'.v:
Sale—The
Bond
Bond
Bonds
of
bonds
approved
Bond
City), Iowa
bonds
<v
Co.,
Dated May
1, 1947.
Interest
payable M-N. A number of other
turing May 1, 1949 to 1952 as 4s,
are
being offered at 1.00% to
1.30% basis; the 1953 to 1964 ma¬
KANSAS
turities as 2s, at from 1.50% to
Arkansas City School District, Kan.
2.10%, and the 1965 to 1972 ma¬
Bonds Voted—An issue of $350,turities as 2y4s, at from 2.15% to
000 school building bonds was au¬
2.30%.
thorized at an election on April 1.
Rapides Parish$ Glenmora School
Liberal Sch. Dist, (P. O. Liberal),
District No. 27 (P. O. Alexandia),
Bond Sale Cancelled—The City
Clerk states that the sale of the
Humboldt County (P. O. Dakota
the
.
awarded
Savings Bank of
as IV2S, at a price
of 100.147.
Dated Aug. 1/ 1947
Second high bid of 100.058 for
Council
$10,000 3V2% semi-annual, water
works
improvement
revenue
sx
i-
ding was Halsey, Stuart &
offering 100.276 for 1.10s.
clusive.
Harford, III.
Bonds
1957, incl. Interest pay¬
Runner-up in the bid¬
Legal opinion of the State Attor¬
ney
;
Clay County (P. O. Spencer), Iowa
Bond Sale—The $178,000 pri¬
p.
1777—were awarded to Stern
mary
road
refunding
bonds Bros.
& Co., and the Soden-Zahnoffered March 27—v. 165, p. 1640
er Co., both of Kansas
•
City, joint¬ Chapman & Cutler, of Chicago.
—were
awarded to the Whitely, as IVss, at a price of 100.27, a
Phillips Co. of Davenport, as 0.75s,
Webster Parish, Springhill
J
net interest cost of about 1.07%:
at a price of
School District No. 8
100.146, a basis of
$271,200.00 internal improvement,
about 0.70%. Dated
May 1, 1947
(P. O. Minden), La. ,
j
curb, gutter, paving" and sew¬
and due May 1, 1950. Second
Bond Offering—J. E. Pitcher,
high
er, Series No. 516 bonds. Due Secretary
bid of 100.03 for 0.75s was made
Parish School Board,
on April 1, in 1948 to
1957, in¬ will receive sealed bids until 1:30
by Halsey, Stuart & Co.
1.45%. Dated Feb.
1, 1946. Due $i0,000 from Feb. 1,
1956 to 1963* inclusive. Interest
payable F-A. Runner-up in the
1,
1,
bonds aggregating $425,668.85, of¬
fered for sale on April 8—v. 165,
to
$80,000
lighting system bonds
sale on April 2—v. 165,
Bank
able M-N.
Bond
IOWA
—v.
Danville, III.
National
59
■
Wichita, Kan.
among
x
Moines
about 0.995%.
Dated May
1947. Due $100,000 from May
noted
&
veen
$90,000,000
acquisition of presently
privately owned transit facilities
operating in Chicago. The financ¬
p.
syndi¬
a
Savings Bank, of Chicago, the
Iowa-Des
the
Purchased—An
in connection
its
to
•
Kansas
election
an
voters
the
Rowe of
Au-
&
on
authorized
issue of $45,000 water system
bonds.
Bonds
Date—The
7—v.>165,
awarded
cate composed of the Harris Trust
1952 to
election
an
voters
an
ILLINOIS
Chicago Transit Authority, III.
April
on
offered
of
will
Mayor Robinson and the
sale
bonds
cou¬
the First National Bank,
different court orders the
was
construction
$547,000 are 2V4S,
May 1, 1965 to 1972.
750,000 sanitary sewer bonds, of
; which
$102,000 are 4s, due
/
from May 1, 1949 to 1952;
$358,000 are 2s, due from May
1, 1953 to 1964, and $290,000 are 2V4S, due from
May
1, 1965 to 1972.
(
due from
Principal and interest payable at
J-J.
Rockford, III.
Town
for
$600,000
remaining
V
& Trust Co., Des Moines, and the
White-Phillips Co., of Davenport,
as Is, at a price of 100.029, a basis
able
the city.
Largo, Fla.
Bond Debt Liability Settlement
Sale—The
1914—were sold as
follows: $40,000 maturing $5,000
Jan. 1, 1949 to 1956, as 2 %s,'. and
$40,000 maturing $5,000 Jan. .1,
1957 to 1964, as 2%s. Interest payr
165,
—v.
'
Sought—The
Indep. Sch. Dist.
(P. O. Sioux City), Iowa
pon
submitted
-
Invited
Sioux City
Bond
building bonds awarded on March
31 to Ballman & Main, of Chicago
Roy .Hamlin, City Clerk,
city will receive sealed
the
tenders
166,
fighting equipment
and water system bonds will be
Key West, Fla.
Bond
No.-
District
Sale Details—The $80,000
$225,000
FLORIDA
.
School
Illinois
Milford, Conn.
Bond
Offering — David
Clarke, Town Treasurer, will
•
(2051)
on
penter, State Treasurer, will re¬
ceive sealed bids until 11 a.m.
Monroe, La.
(EST) on April 22 for the purr
Bond Sale—The bonds aggre¬ chase of $90,000 Kennebec Bridge
Hampden County (P. O. Springgating $2,158,000, offered for sale refunding bonds.
Dated June 1,
field), Mass.
on April 8—v. 165, p. 1366—were
1947. Denomination $1,000. Due
Note Offering—Leo P. Senecal,
awarded to a syndicate composed June
1, as follows: $50,000 from
County Treasurer, will receive
of Phelps, Fenn & Co., the Chem¬ 1952 to 1954 inclusive; $50,000 in
sealed bids until noon on April 16
ical Bank & Trust Co., Merrill 1959 and 1960; $50,000 in 1963,
for the purchase at discount of
Lynch, Pierce, Fenner & Beane, 1965 and 1966; $100,000 in 1967;
$30,000 tubercular patients main-;
Paine, Webber, Jackson & Cur¬ $50,000 in 1968 and 1969; $100,000
tenance notes.
Dated April 16,
tis, all of New York, R. S. Dick¬ in 1970; $50,000 in 1971; $100,000 1947. Denomination
$1,000.
Due
son &
Co., of Charlotte, Bacon, in 1972 and $50,000 in 1973. Call¬
April 1, 1948.
\
Stevenson & Co., of New York, able, beginning June 1, 1952, on
Illinois Co., of Chicago, RansonMelrose, Mass.
any interest date in such amounts
Note Offering—Sealed bids will
Davidson Co., and J. M. Dain & as may be determined by the
Co., of Minneapolis, at a price of Governor and Council, at par and be received until 11 a.m. on April
100.035, a net interest cost of accrued interest. Bidder to name 14, by S. Homer Buttrick, City
about 2.21%, on the bonds divided a single rate of interest, expressed Treasurer,
for the purchase at
as follows:
in multiples of 1/10 or % of 1%, discount of $200,000 revenue notes.
Dated April 16, 1947. Denomina¬
$1,408,000 • storm
water
drain and also state a dollar price for
tion $25,000.
Due Nov. 7, 1947.
bonds, of which $190,000 are the bonds. No offer for less than
Issued in anticipation of revenue
4s, due from May 1, 1949 to par will be considered. Principal
for the year 1947. Payable at the
interest
payable
at
State
1952;
$671,000 are 2s,
due and
LOUISIANA
.
from May
1, 1953 to 1964, the
Treasury
Department's
office.
Merchants National Bank of Bos-
THE COMMERCIAL & FINANCIAL
(2052)
60
Ion,
Central Hanover
of New York,
the
at
or
the Mer¬
chants National Bank of Boston
for Boston funds. The Merchants
National Bank of Boston will cer¬
will be delivered at
and
issued by
tify that the notes are
of an or¬
Aldermen,
virtue and in pursuance
of
Board
the
der
of
the
validity
Best,
Bids
by telephone will be accepted.
Middlesex County
The Winchester
National Bank, second high bid¬
due Nov. 10, 1947.
...
Offering—Sealed bids will
Ncte
Charles P. Howard,
be received by
County Treasurer, for the pur¬
chase of $350,000 temporary loan
discount. Dated April 18,
Denominations to suit pur¬
notes at
1947.
chaser, but no
(P. O.
Worcester County
Worcester), Mass.
Notes Sold—It is stated that the
following notes aggregating $354,-
offered for sale on April 8,
were awarded to the Second Na¬
tional Bank of Boston, at a dis¬
of 0.638%:
count
.
1947.
8,
April
on
Runner-up in the
Salomon Bros. &
offering a discount rate
0.64%, plus a premium of $5.
bidding
Hutzler,
Section 85A. Payable at
National Bank of Bos¬
ton or at the Chase National Bank
of New York. The notes will be
authenticated as to genuineness
of
111,
by the Second National Bank of
Boston, and their legality will be
approved by Storey, Thorndike,
Palmer & Dodge, of Boston, whose
opinion will be furnished to the
purchaser. Notes will be delivered
on or about April 18, 1947 at the
Second National Bank of Boston,
against payment in Boston funds.
Montague, Mass.
tional Bank of Boston was award¬
issue of $100,000
notes at 0.579% discount.
Dated
ed
April 9
on
April
an
due Nov. 5,
and
1947
11,
1.947.
New
Offering
Freitas,
City
will
Treasurer,
until
bids
sealed
(EST)
R.
11
re¬
a.m.
April 15 for the pur¬
on
chase at discount of $800,000
notes
anticipation of revenue
for 1947. Dated April 16, 1947 and
due Nov. 21, 1947.
issued
?
in
*T
i
1
Saugus. Mass.
Purchaser
notes
revenue
at
a
discount
p.
1915—were
that the
sold
of
on
$250,000
March 25,
0.76%—v.
purchased
National
Shawmut
ton.
on
Due
President of the Board of Educa¬
tion, will receive sealed bids until
(EST)
noon
Nov.
Bank
165,
by
of
15 for the
April
on
of $100,000 not to ex¬
interest coupon school
bonds.
Dated May 1, 1947.
De¬
nomination $1,000.
Due $20,000
on May 1 from 1948 to 1952 inclu¬
purchase
3%
ceed
of
Rate
interest to
the
Bos¬
14, 1947.
Sharon, Mass.
Notes Sold—It is stated that
an
of $^00,0C0 revenue antici¬
pation notfes were sold on April 2,
at a discount of 0.619%.
Due on
issue
be ex¬
pressed in a multiple of % of 1%.
Principal and interest (M-N) pay¬
able at the Citizens Commercial
Savings Bank, Flint. The bonds
shall be awarded to the bidder
&
cost
to
District
the
co-paying agent on
of $200,000,000
soldier bonus bonds.
after
may
required
ad
such
be neces¬
to pay the bonds and inter¬
thereon, within the limitation
prescribed by Section 21, Article
X, of the Michigan Constitution
and the Michigan Property Tax
sary
est
thorized
The District
Act.
Limitation
in
increase
an
4.05 %
limitation to
the
tax
ized valuation for the years
1947
The
$200,000 tax
April 7—v. 165, p. 1915—-were
Elbow Lake, Minn.
1 p.m. on April
Roettger, Village
Clerk, for the purchase of $15,-
period from 1929 to June
14,
by
000
2%
A,
for
W.
water works
bonds.
At this time an additional
Denomination
$3,000.
Due
June
on
1953,
Dated
and
and
sewer
$2,000,
June
one
1947.
1,
1; $2,000 in 1948 to
in 1954. Bonds
$3,000
maturing in 1950 to 1954 contain
in the provision that they may be
called for
payment on July 1,
dormitory
2%% serial bonds and 2lk% and
2.70%
term
bonds.
The
serial
A.
bonds, maturing 1948 through 1967,
will
priced from a 1% to a 2.375%
basis, while the term bonds, ma¬
turing 1970 for series A and 1977
for series B, are offered at 100 and
April 22, for the purchase of $20,-
April
7,
1947.
Madson,
receive
the voters
by
on
Clerk,
Town
sealed
bids
until
bonds,- approved
Feb. 17. Dated
April 1, 1947. Due in 20 years,
optional after five years from date
of issue.
Township (P. O. Warren),
Warren
Mich.
Call
Bond
called for
1947, at par
has
payment on May 1,
accrued interest,
and
3%,
of
mium
Hennepin County Indep. Sch. Dist.
No. 17 (P. O. Edina), Minn.
Bond Sale—An issue of $1,250,-
William Lawson,
—
Clerk,
Township
plus
a
and
water
to
was awarded
the Northwestern
National Bank
and the First Na¬
000
sewer
building bonds
April
on
pre¬
9
tional Bank,
refunding bonds, Nos. 944 to 1003,
both of Minneapolis,
dated
and Associates, at par, as
payment to the Detroit Trust Co.,
$425,000 l%s.
Due on April 1:
$40,000 from 1950 to 1954 incl.,
and $45,000 from 1955 to 1959
May 1, 1946, in $1,000 de¬
nominations, and due Nov. 1, 1972.
Bonds
should be presented for
825,000 2s.
Township
School District
000
(P. O. Warren), Mich.
No. 5
for
offered
bonds
building
were
on
1960
April 1: $50,1964 incl.;
to
from
1965 to
1969
incl., and $100,000 from 1970
1972 incl.
to
sale
1777—
awarded to Watling, Lerchen
165,,
31—v.
March
Due
from
$55,000
$75,000 school
Sale—The
Bond
on
follows:
incl.
Detroit.
payable M-N.
University of Michigan, Mich.
H.
000 water works
respectively.
101
Interest
Bonds Publicly Offered—A syn¬
dicate composed of the First of
Bond Offering—It is stated that
are
Warren
Dated
au¬
of the equal¬
—
Town
be received until
500,000, were, used for the retire¬
ment of all outstanding bonds and
for the construction of additional
100.116, a net interest cost of
2.842%, as follows: for $16,000
maturing Nov. 1, $1,000 in
1948, $2,000 in 1949 to 1951,
$1,000 in 1952, $2,000 in 1953
to
1956, as 3s, and $10,000
maturing 2,000 Nov. 1, 1957
to 1961, as 2%s.
13,000 special assessment district
No. 9 bonds, r« at a price of
100.179, a net interest cost of
2.838%, as follows: for $8,000
maturing $1,000 Nov. 1, 1949
to 1956, as 2%s, and $5,000
maturing $1,000 Nov. 1, 1957
to 1961, as 3s.
by law to levy upon all the tax¬
therein
Sale
O.
the
Bond Offering—Sealed bids will
involved.
$5,000,000 of bonds were issued
which, with the proceeds from a
bank loan of approximately $3,-
inclusive.
26,000 special assessment district
No.
8
bonds, at a price of
respective maturity dates. No
proposal for less than all of the
bonds
will be considered.
The
as
way
retired.
1948 to 1953,
the
taxes
no
1946, the Regents of the Univer¬
sity issued a total of $3,940,000
bonds. As of June 1, 1946, over
58% of this original debt had been
$5,000 special assessment district
No. 7 bonds, as 3s, at a price
of 101.444, a net interest cost
of 2.6706%. Due Nov. 1, in
ible, and interest on bonds will
be computed from May 1, 1947, to
property
is in
to
1948, or thereafter, prior to final
facilities and a food maturity.
purchased by the Hackley Union storage building, the construction
Goodhue, Minn.
National Bank, of Muskegon, at ol which is now under way. The
Bond Sale—The $30,500 refund¬
V/2%. No other bid was received University has issued additional ing bonds offered for sale on
bonds for other purposes, includ¬
for
the
notes.
Dated April 10,
April 4—v.
165, p. 1916—were
ing the Stadium, Union and Health
1947. Due on Dec. 20, 1947.
awarded
to
the
Goodhue State
Service, to the total of $2,275,000,
Bank, as l%s, at a price of 100.131,
St. Clair Shores, Mich.
payable from
specific fees or a
basis of about 1.22%.
Dated
Bond Sale—The following sewer earnings.
At present these issues
April 1, 1947. Due on Jan. 1, in
bonds amounting to $44,000 and have been reduced by over 83%
1948 to
1955, inclusive. Interest
offered for sale on April 1—v. 165, and now aggregate $373,000.
payable J-J.
p. 1777—were awarded to H. V.
The purchasing syndicate is of¬
Sattley & Co., of Detroit:
fering the bonds as 2V\% and
Hayward, Minn.
will not be considered as deduct¬
valorem
issue
anticipation notes offered for sale
deducting the premium offered, if
any.
In determining the net in¬
terest cost, interest on premium
able
the
as
Dated
Michigan
named
Note
according
July 1, 1947. Due
$3,000 from Jan. 1, 1948 to 1957/
inclusive. Interest payable J-J.
opera¬
The credit of the State of
Agent—The
Muskegon Sch. Dist. (P.
Muskegon), Mich.
1.85s,
Clerk.
Terrace.
Northern Trust Co. of Chicago, has
recent
the
University
(State of)
Co-Paying
from
derived
of
tion
In the
Michigan
produces the lowest in¬
whose bid
District is authorized and
'
The Town Treas¬
—
states
now
urer
(P. O. Flint), Mich.
Offering—Ervin C. Martz,
6
terest
Bedford, Mass.
—
William
& Note
ceive
No.
Bond
sive.
<
■;£ Note Sale—The Merchants Na¬
Township School District
Burton
be
income
—
State,Bank, the only biclder,
expected to be ready for oc¬
by June. The bonds will
payable from the net operating
are
Sale
The $30,000 gen¬
obligation bonds offered for
sale on April 4—v. 165, p. 1916—
were
purchased by the „• Dassel
cupancy
office.
on
MICHIGAN
Dassel, Minn.
Bond
eral
buildings have been occupied since
was
the Second
MINNESOTA
December and the remaining four
note will be smaller April 7, 1948.
$10,000. Due April 6, 1948.
Isued under General Laws, Chap¬
.
highway
refunding bonds, including coun¬
ty portion, township portion and
district portion.
The bonds are
dated May 1, 1934, Oct. 1, 1939
and Oct. 1, 1940. The bonds, along
with
appropriate
interest
cou¬
pons, should be presented for pay¬
ment to the County Treasurer's
total of $266,000 various
the
Due
completely furn¬
ished.
Xhe Terrace is primarily
Bonds Called — The Board of designed to house married students
or members of the faculty or staff
Road Commissioners has called
for payment on May 1, 1947, a of the University, Eight of the
been
,
4,000 hospital funding notes.
Dated
(P. O. Mount
Clemens), Mich.
Names
maintenance notes.
Monday, April 14, 1947
chenette units, all
Macomb County
^
tuberculosis hospital
$350,000
than
ter
0.585%.
der, named a rate of
000,
(P. O. East
Cambridge), Mass.
iv
A
Dated
count.
approved by Ropes, Gray,
Coolidge & Rugg, of Boston.
V
Boston, at 0.587% dis¬
April 10, 1947 and
of
Bank
28 was
Second National
the
to
awarded
March
offered
notes
000
which has been
of
Winchester, Mass.
of $300,-
Sale—The issue
Note
Trust Co.,
&
Bank
CHRONICLE
p.
(P. O. Dassel), Minn.
The $80,000 road
and bridge bonds offered March
Kingston
Sale
Bond
Michigan Corp., First Boston Corp., & Co., of Detroit, as IV2S, at par
to
1951, at an election held on
Nov. 21, 1947.
Blyth & Co., Inc., Braun, Bos- plus a premium of $153.75, making
Sept. 14, 1946. Bids shall be con¬
worth & Co., Paine, Webber, Jack¬ a
net
interest
cost
of
1.41%.
L
"
Somerville, Mass,
ditioned * upon
the
unqualified
son &
Note Sale
The $500,000 tem¬
Curtis, McDonald-Moore & Dated March 1, 1947. Denomina¬
opinion of Miller, Canfield, Pad¬
tion $1,000. These bonds are due
Co., H. V. Sattley & Co., Inc.,
porary loan notes offered for sale dock &
Stone, of Detroit, or Cook,
Crouse & Co., Donovan, Gilbert & $15,000 on Oct. 15, from 1947 to
on April 9, were awarded to the
Stipes & Michelson, of Flint, ap¬
Second National Bank of Bos¬
Co., and E. H. Schneider & Co., 1951, inclusive. All of the district's
proving the legality of the bonds.
made public offering on April 10 presently outstanding debt will be
ton, at 0.60%
discount, plus a The cost of either such
opinion
of a new issue of $2,225,000 2*4%, retired by 1954.
premium of $1.25.
Dated April shall be
paid by the District. The
2%%, 2V2% and 2.70% University
10, 1947.
These bonds are due District shall
pay
the cost of
Wayne County, LeBlanc Drainage
Terrace revenue bonds, divided as
Nov. 17, 1947.
The next highest
printing the bonds. Enclose a cer¬
District, Mich.
follows:
bidder was the State Street Trust
27—v.
J.
to
—
165, p. 1641—were awarded
Dain & Co., of Minne¬
M.
—
tified
Co., Boston, at
Notes
•'
$300,000
a
rate of 0.60%.
par
to
Southbridge, Mass.
Sold—It is stated
check
value
the
anticipation notes
April 3, at a dis¬
count of 0.62%, plus a premium
5%
of the
District
that
tax
for
of the total
$880,000
bonds, payable
Bond
and
2%%
Offering—C.
L. Taylor,
1964 to 1967, incl.
Finance, will receive
400,000 21/2s series A bonds. Due
sealed bids until 8 p.m. on April
May 1, 1970.
of $4. Due on Nov. 15, 1947.
23 for the purchase of $107,000
945,000 2.70%
series B
bonds.
electric light and power coupon
Springfield, Mass,
Due May 1, 1977.
Notes Sold—G. W. Rice, City bonds, not exceeding 3% interest..
AH of the bonds are dated May 1,
Treasurer, sold privately on March Dated Feb. 1, 1947. Denomination
1947. All of the bonds are subject
27 an issue of $800,000 revenue $1,000. These bonds are due Oct.
to prior redemption on any inter¬
anticipation notes at 0.55% dis¬ 1, as follows: $4,000 in 1949 to
est
payment
date,
at
varying
count. Due $300,000 each on Nov.
1952, $6,000 in 1953, $10,000 in
prices and dates, as prescribed in
12, 1947 and Jan. 14, 1948. It is 1954 to 1957, $11,000 in 1958 to
the official prospectus.
Coupon
.understood that the notes were 1960, and $12,000 in 1961. Rate of
bonds in $1,000 denoms., registerinterest to be in multiples of
purchased by Boston banks.
able as to principal only. Principal
of 1 %. Bids shall be conditioned
and interest (M-N) payable at the
Walpole, Mass.
<
upon the unqualified opinion of
Notes
Detroit Trust Co., Detroit. Legality
Sold—It
is stated
that
Miller,
Canfield,
Paddock
&
to be approved by Wood, King &
$12,000 water notes were sold on
Stone, of Detroit, approving the
^March 31, as 0.53s, at a price of legality of the bonds. A certified Dawson of New York City.
The bonds are being issued by
100.025, a basis of about 0.48%; check for
$2,000, payable to the
the Board of Regents of the Uni¬
Due $6,000 on April 1, in
1948 City Treasurer..
and 1949. Interest payable A-O.
versity of Michigan, proceeds will
Erin, and f.ahe Townships Frac¬ be used to reimburse the Univer¬
Webster, Mass.
tional Sch. Dist. No. 4 (P. O.
sity for amounts expended on the
■were
sold
on
Director
'
.
r.
Note Sale—The issue of
notes offered Mar. 28
was
$75,000
awarded
to the Merchants National Bank of
Boston, at 0.645% discount. Dated
Mar. 28, 1947 and due
Sept. 27,
Roseville), Mich.
Certificates
nounces
tificates
.J947. The First National Bank of
called
.Boston, second high bidder, named
,a rate of 0.67%.
1947,
of
for
at
Detroit.
Called—Thomas
District / Secretary,
that outstanding 1938
Large,
due
•
payment.
the
'•'/
indebtedness
Detroit
on
\
cer¬
are
.
May
Trust
P.
an¬
1,
Co^,
construction,furnishing and equip¬
ment of twelve buildings desig¬
nated as University Terrace, lo¬
cated in the City of Ann Arbor on
land owned
near
by the University and
the University Hospital.
The
buildings
one-room
provide
for
276
and two-room and kit¬
dated
follows:
as
1284
1366,
1373,
1353,
to
,
1386
(State of)
Gas Tax—The
exempt from the four-cents a gal¬
lon State tax on
gasoline used by
city-owned and operated vehicles.
The court, according to the Amer¬
ican Municipal Association, ruled
there is no statutory basis for such
1312.
1286,
bid of
by Paine,
Supreme
Court
has
municipalities are not
that
ruled
numbered
1374,
high
Cities Must Pay
Minnesota
district bonds,
May 1, 1926 and
Second
Minnesota
Bonds—The
County
value of defaulted
March 1 from 1948 to 1961
Webber, Jackson & Curtis.
Auditors an¬
nounces that the county has funds
available to redeem $117,000 par
of
Board
on
inclusive.
100.07 for IV2S was made
of
„
.a
Pays on Defaulted
serial
bonds, the 21/4S maturing on
May 1 from 1948 to 1963, incl.,
and the 2%s, on May 1 from
Treasurer.
Charlevoix, Mich.
v
21/4%
apolis, and Associates, as IV2S, at
a price of 100.09, a basis of about
1.488%. Dated March 1, 1947 and
to
1526 to
1443 to 1481, exemption in denying the claim
1537, and 1548 to 1559, of of Minneapolis, St. Paul and other
the par
value of $1,000 each, ag¬
1416 to
1405,
cities.
Holders
$117,000.
gregating
where
Treasurer,
County
will
be
made
at
par
assessment
plus
West
,
bonds amounting
sale on
April 8, were awarded to the
Ypsilanti Savings Bank, as 2 Vis:
to
$26,000 and offered for
$6,500 sidewalk bonds. Due $1,625
on April
1 from 1948 to 1951
v
inclusive.
19,500
on
,
sewer bonds. Due $3,900
April .1 from 1948 to 1952,
inclusive. V
Dated
April
payable A-O.
.
/
1,
■"
1947.
V
election
April 19 the voters will ;consider
an
issue of $25,000 road
St.
construction bonds.
Paul (P. O. St.
Sale—The following spe¬
Bond
v/
an
on
and bridge
Ypsilanti, Mich.
Osakis),
Minn.
Election—At
Bond
pay¬
accrued interest.
cial
Orange Township (P. O.
present their bonds to the
should
ment
1441,
.
Interest
,
;
Paul),
Minn.
Bond
Giefer,
receive sealedbids until 7:30 p.m. on April 23
City
Offering—Joseph
will
Clerk,
for the purchase of
$80,000 not to
exceed 3% interest bonds, divided
as
follows:
:
-
$50,000 permanent improvement
;.;/•■ bonds. Due $5,000 on July 1
from 1948 to 1957, inclusive;
optional July 1, 1954.
30,000
fiie department * bonds.'
Due $3,000 on July 1 from
Volume
1949
to
1958,
July 1, 1955.
Each
issue
Denom.
is
terest
optional
May 1, 1947.
Interest J-J. Rate
$1,000.
multiples of y4
of 1%. Principal and in¬
1/10
bank
incl.;
Dated
of interest to be in
or
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4585
165
at
payable
or
any
suitable
trust company designated
Jasper County (P. O. Jasper), Mo.
Bonds Defeated—It is reported
that at the election held
ing $825,000: $325,000 county jail;
$250,000 court house, and $250,000
said issues
and each bid must be unconditional
either
and
both
or
of
accompanied
check
in
by
2%
of the bid.
than
par
will
the
Council
certified
system revenue bonds
sold on April 9 to Andrew
sewerage
was
wood.
•
p.m.
interest to be in
1/20 of
or
1%
a
Bond
on
will
NEBRASKA
a
rate
April
election
an
on
the voters authorized
1
issue of $12,000 airport
an
bonds.'
not
An
—
of
issue
the
April 1 the voters authorized an
issue of $400,000 municipal hos¬
MISSISSIPPI
Paying
Clarksdale, Miss.
Bonds Sold—It is reported that
$92,000 2% refunding bonds were
^purchased recently by the First
National Bank of Memphis. Dated
April 1, 1947. Legality approved
by Charles & Trauernicht, of St.
Louis, Mo.
Columbia, Miss.
Bonds Voted—At
an
election
water
bond
plant
issues:
revenue
Public
Power
Named
Agent
System i
The
Guaranty Trust Co., of New York,
has
been
appointed fiscal agent,
agent and registrar for
paying
bonds
revenue
of
the
Public
Power
System
Generating Division.
Wolbach School
Bond
Election
Steam
bid
higher
An
—
of
issue
submitted
the
to
voters
election to be held
on
$50,000
the
at
April 15.
NEVADA
sewage system.
cept the
1962.
Rate
Las
Laurel), Miss.t
Vegas, Nev.
Bond Offering
will
received
be
—
until
2
bids
p.m.
April 25, by Mayor E. W. Cragin,
for the purchase of $100,000 swim¬
ming pool bonds. Interest rate is
purchased recently by the Com¬
not
to
exceed
payable
was
bidder
at
or
the
the office of
Hawkins, Delafield &
New York City, on or
of
about
May 1, 1947. Enclose a cer¬
tified check for
2% of the amount
of bonds bid
for, payable to the
Malone
Bond
(Village of), N, Y.
Sale
—
The
$30,000 fire
apparatus bonds offered March.28
—v. 165, p.
1641—were awarded
to Tilney & Co., of New
York,
1.20s, at
of
-
Borough.
check
for
Enclose
$1,200,
from 1948 to 1957 inclusive.
—
offer
a
of
0.68%,
tendered
by
the
First National Bank of Boston.
pay¬
able to the Borough.
Port of New York
Woodbridge Township (P. O.
Woodbridge), N. J.
Bond Offering—B. J. Dunigan,
Township
Clerk,
will
receive
sealed bids until 8 p.m. (EST) on
April 21 for the purchase of $50,-
Bond
Authority, N. Y.
Offering—It is stated by
Chairman
that
he
Howard
will
S.
receive
sealed
Allen
Co., of Hazelhurst. Dated
April 1, 1947 and due $1,000 on
April 1, 1948 to 1967, inclusive.
amount of the bid.
Reno,
Bond
Sale
—
Nev.
The
,
$650,000 city
Principal and interest payable at
>a place and
paying institution to
be hereafter determined.
Delaware
Township
Township (P.
burg), N. J.
—
John W.
Treasurer,
tion
have been sold to the CornTrust Co., of Kansas
at
a
price of
City,
100.01.
tional Bank & Trust
contained
O.
Ellis-
Mishaw,
announces
Co., Camden.
Dated May 1, 1945 and due May
1, 1954 to 1956.
in
"News Letter," issued
Comptroller
George
the
by
W.
Wanamaker.
Hempstead Union Free Sch. Dist.
No.
11 (P.
Bond
an
O. Oceanside), N. Y.
Postponed—Sale of
30
issue of $280,000 school build¬
bonds, originally scheduled
April 16, has been postponed
indefinitely.
ing
on or
for
Sch. Dist.
(P. O. Valley Stream), ,
Hempstead Union
No. 30
Free
York
Bond Sale—The $46,500 school
offered for sale on April
bonds
days'notice,
ment
date,
15, 1959; at 101 thereafter and on
before Aug. 15,1964; and at 100
thereafter to maturity.
Payments will be made into the
Eighth Series Sinking Fund com¬
mencing in 1949 at a rate or rates
or
8—v. 165, p. 1917—were awarded
to the Valley Stream National
which
1.20s, at a
Series
Bank & Trust
Co.,
as
price of 100.10, a basis of about
1.18%. Dated April 15, 1947. Due
oh April 15 from 1948 to 1957 in¬
clusive. Denomination $1,000, one
The next highest bidder
the Marine Trust Co., Buffalo,
for $500.
was
for VAs, at a price of 100.162.
be
<
to
on
a
cumulative basis will
sufficient
to
retire
all
Eighth
bonds by
maturity.
All legal proceedings pertaining
the
issuance
of
these
bonds
have been approved by Leander I.
Shelley,
Port
General
Counsel
of
the
Authority and by Wood,
King & Dawson, Bond Counsel;
and all further legal
proceedings
by
best
100.087
the
for
Marine
<
Y.
$78,000
sanitary
issue
bonds
sewer
April 10,
on
were
awarded to the Marine Trust
Co.,
Buffalo, as 1.70s, at a price of
100.11, a basis of about 1.6907%.
Dated Jan. 1, 1947. Denomination
$1,000. These bonds are due Jan.
I, as follows: $3,000 in 1948 to
1967, and $2,000 in/1968 to 1976.
The next highest bidder was E. H.
Rollins & Sons, for 13/4S, at a price
of 100.539.
v
-
v
Troy, N. Y.
Bond Sale—The
improvement
following street
and
equipment
bonds amounting to $506,500 and
for sale on April 10 —
offered
165,
1917—were awarded to
p.
Hemphill, Noyes & Co., of New
York, as Is, at a price of 100.069,
basis of about 0.972%:
a
$123,500 series A-1947 bonds. Due
Sept. 1, 1947 through 1950.
383,000 series B-1947 bonds. Due
March 1, 1948 through 1952.
March 1, 1947. Denom.
Dated
$1,000, one for $500. The next
highest bidder was the Troy Sav¬
ings Bank, for Is, at a price of
100.001.
Utica, N. Y.
Note
Sale—The
$1,300,000
tax
anticipation notes offered for sale
on April 9—v.
165, p. 1917—were
awarded
to
the;-Chase
National
Bank of New York, at
0.72%, plus
premium of $9.00. Dated. April
II, 1947.
Denom. $50,000.
These
notes are due Aug.
11, 1947.
The
next highest bidder was the Na¬
tional
City ~ Bank,
New
York,
at 0.79%.
a
Westchester County (P. O.
White Plains), N^ Y»
Bond
pon
Sale—The
10—v.
awarded to
of
$4,2$6,000
registered
or
April
bonds
cou¬
offered
165, p. 1917—were
syndicate composed
a
Glore,* Forgan & Co., of New
York, Marine Trust Co., Buffalo,
Fidelity Union Trust Co., of New¬
ark, First National Bank, Mem¬
phis, Fifth Third Union Trust
Co., Cincinnati, Bartow, Leeds &
Co.,
New
Bank of
York, National City
Cleveland, and the Mer¬
chants Trust Co., of
Is, at
Baltimore,
as
price of 100.144, a basis of
Award included:
a
about 0.95%.
$738,000 park bonds of 1947.
on
Due
April 15 from 1948 to 1952
incl.
1,900,000 series A park bonds of
1947.
Due
April 15 from
on
1948 to 1962 incl.
2,000,000 series B park bonds of
1947.
Due
April 15 from
on
1948 to 1952 incl.
;
36,000 building installation bonds
of 1947. Due
1948 to
152,000
on
April 15 from
1951 incl.
airport
improvement
bonds of 1947.
on any
before Aug. 15, 1954; at 102
on or before Aug.
Second
of
Sale—The
1947,
Due
on
April
15 from 1948 to 1951 incl.
as
thereafter and
State
of
interest pay¬
follows: At 103 on
Aug. 15, 1949, and thereafter and
Sale
New
Charleston, Mo,
that
2%%
sewer
assessment
Bonds Sold-—The
$320,666 water bonds, Nos. R-55 to R-75, have
^xnain and sewer system bonds au¬ been called for payment on May
thorized at the Oct. 1,
1946, elec¬ 1, 1947, at the First Camden Na¬
amerce
April
City
NEW JERSEY
Bond Call
MISSOURI
information
Bond
of
bids
subject to redemption prior
to Aug. 15, 1949. Subject to re¬
demption prior to Aug. 15, 1954,
only through the operation of the
Sinking Fund created and estab¬
lished for the Eighth Series bonds.
Subject to these limitations re¬
deemable, in whole or in part, on
bonds,
tendered
offered for sale
Not
including a
$425,000 water issue, according to
Washington County (P. O. Green¬ jail bonds offered for sale on
April 5—v. 165, p. 1505—were
ville), Miss.
Bond Offering—It is reported awarded to Halsey, Stuart & Co.,
that A. D. Brooks, Clerk of the and C. F. Childs & Co., of Chi¬
Board of Supervisors, will offer cago, jointly, as 1V2S, at a price
:for sale at public auction on April of 100.54, a basis of about 1.44%.
Due on Jan.
15, at 10 a.m., a $250,000 issue of Dated Jan. 1, 1947.
3*oad and bridge bonds. Denom. 1, in 1949 to 1967, inclusive.
In¬
terest payable J-J.
Blyth & Co.,
i$l,000. Dated May 1, 1947. Due on
was second best bidder, followed
May 1J as follows: $10,000 in 1948;
$20,000 in 1949; $30,000, 1950 to by the First National Bank of
1954, and $70,000 in 1955. Bidders Nevada, Reno.
^re to name the rate of interest.
$5,000,000
ly
M-S.
offer
an
Cullman,
until 11 a.m. on April 15, for the
3%, payable A-O.
mercial Bank
&
Trust
Co., of Denomination $1,000. Dated April
purchase of $8,500,000 2% General
Laurel, as l%s. "
and
1, 1947. Due $5,000 from April 1,
Refunding
bonds,
Eighth
exceed
6% interest Series
Marion County, Hopewell Consoli¬ 1948 to 1967.
Bonds maturing in 000 not to
(Second
Installment).
dated School District (P. O.
1952 to 1967 being subject to re¬ coupon or registered emergency Dated
Aug. 15, 1944. Due on Aug.
—.vV Columbia), Miss.
demption in inverse numerical housing bonds. Dated May 1, 1947. 15, 1974. These bonds are to be
*
Denomination $1,000. Due $10,000
Bond Sale—The $24,000 school order at the option of the
issued to provide funds (1) to
City on
bonds offered for sale on April 8 April 1, 1952, or on any interest ori May 1 from 1948 to 1952 in¬ construct a capital
improvement
-—v.
165, p. 1778—were awarded payment date thereafter upon the clusive, Bidder to name a single to the George Washington Bridge
rate of interest, expressed in a
to Kingsbury & Alvis, of New payment of the
principal amount
consisting of an approach tunnel
Orleans, as IV2S and l%s.
The thereof and accrued interest to the multiple of l/20th of 1%. Prin¬ under West 179th Street, Manhat¬
next highest bidder was Max T.
redemption date. Bidders are re¬ cipal and interest (M-N) payable tan, and (2) to construct a capital
at the Woodbridge National Bank,
Allen Co., for l%s and 2s.
quired to submit a bid specifying
improvement to the Lincoln Tun¬
Monroe County, Hamilton Consoli- (a) the lowest rate of interest and Woodbridge. A certified check for nel consisting of approach con¬
dated School District (P. O.
premium, if any, above par at $1,000, payable to order of the nections between said tunnel and
Legal the proposed Port
which the bidder will purchase township, a] is • required.
Authority bus
Aberdeen), Miss.
at
Bond Sale—The $30,000 school said bonds; or (b) the lowest rate opinion of Reed, Hoyt & Wash¬ terminal
Ninth Avenue
and
burn of New York City will be
West 40th Street, Manhattan.
bonds offered for sale on April of interest at which the bidder
will purchase said bonds at par. furnished the succesful bidder.
#—v. 165, p. 1916—were awarded
Coupon bonds, registerable as to
to
the First National Bank of Principal and interest payable at
principal alone, or as to both
NEW MEXICO
the office of the City Treasurer.
principal and interest and if so
Memphis, and Cady & Co., of
Grant County Sch Dist. No. 6
registered, convertible into cou¬
'Columbus, jointly, as 2V4s, at a None of said bonds shall be sold
at less than par and accrued in¬
(P. O. Silver City), N. Mex.
pon
bonds. Denominations: Un¬
price of 100.70, a basis of about
terest nor will any discount or
Bonds Sold—It is reported that registered bonds and bonds regis¬
:2.172%. Dated April 1, 1947. De¬
nomination $500. These bonds are commission be allowed or paid $60,000 school bonds which had tered as to principal only, $1,000.
on
the sale of such bonds.
The been offered last September, have Bonds fully registered as to both
•due $1,500 from April
1, 1948 to
1967. Interest payable A-O.
legality of the bonds will be ap¬ been sold.
principal
and
interest,
$1,000,
proved by Pershing, Bosworth,
$5,000 and multiples of $5,000.
JPike and Amite
Counties, Fnter- Dick &
NEW YORK
Dawson, of Denver, whose
Fully registered bonds of any de¬
priprise Line Consolidated School
nomination convertible into like
opinion, together with the printed
Buffalo, N. Y.
District (P. O. Magnolia), Miss.
Large Bond Offering Shortly— bonds of other authorized denom¬
Bond Sale—The $20,000 school bonds, will be furnished the pur¬
chaser without charge.
Enclose a The city expects to offer for sale, inations in the same aggregate
bonds offered April 5—v. 165, p.
certified
check
for
5% of the on or before June
1778—were awarded to Max T.
1, approximate¬ principal amount.
1778
p.
the
Tonawanda, N.
v.
,
r
1.10s,
a
about
to
Trust Co., of Buffalo.
as
price of 100.16, a basis!
1.17%.
Dated April 1,
1947 and due $3,000 on
April 1
,
on
Bonds Sold—An issue of $18,000
school bonds is said to have been
est
bid
option of the successful bidder at
Wood
165,
awarded
Bank, of Albany, as 0.90s, accord¬
ing
to
the
Village
Treasurer.
Dated March 15, 1947.
Due on
March 15, in 1948 to 1952.
Inter¬
1/10 of 1 %, and
Mamaroneck, N. Y.
Note Sale
The $300,000 tax
payment of the purchase price.
anticipation notes offered for sale
The successful bidder will be on
April 7—v. 165, p. 1917—were
furnished
with
the
opinion of awarded to the County Trust Co.,
Hawkins, Delafield & Wood, of of White Plains, at 0.33%. Dated
New
York, that the bonds are April 10, 1947.
Due on July .10,
valid and legally binding obliga¬ 1947.
The only other bid was an
certified
Sealed
payable
Huntington. The bonds
delivered at the office of
be
bonds accrued to the date of
of the
cer¬
Rhinebeck, N. Y.
interest to be in
or
successful
accept for the
least amount of
same
of
the
least amount, then
to
the
bidder
offering to pay
therefor the highest price.
The
purchaser
must
also
pay
an
amount equal to the interest on
tions
Jones County, Soso Consolidated
School District (P. O.
to
4%,
$15,000 in
1958, and $10,000 in 1959
will
of
the
exceed
be the same for all of the
bonds. Principal and interest
pay¬
able at the Bank of
Huntington &
Trust Co.,
bonds, the bonds to be accepted
being those first maturing, and if
two or more bidders offer to ac¬
the
District, Neb.
$275,000
and
Nebraska
$25,000 auditorium bonds will be
on
April 1 the voters authorized the
following
offering
amount
Nebraska
.
arid
April 29.
on
pital bonds.
a
on
must
$60,000 nor more
As between legally
proposals
specifying
rate
to
multiples of y4
bonds, which shall be
same
p.m.
their approval. Enclose
tified check for
$170,000.
—were
not
to
than
acceptable
3
to
Bond Sale—The
$27,000 coupon
or registered
park bonds offered
for sale on April 4—v.
1949 to
the
than $61,000.
Gordon, Neb,,
Election
less
until
pertaining thereto will be subject
is
legally acceptable proposal. Each
proposal must state the amount
bid for the
received
bids
M-N. Dated May 1, 1947. Denom¬
ination $1,000. Due May 1, as fol¬
lows: $10,000 in 1948,
than the lowest rate stated in
any
Bonds Voted—At
be
Sealed
—
61
chase of $200,000 coupon.or
regis¬
tered school bonds. Interest rate
No proposal will be consid¬
specifies
Offering
April 16, by Sherburne Sweetland, District Clerk, for the pur¬
multiple of Vs
and must be
(2053)
Huntington Union Free Sch. Dist.
No. 3 (P. O. Huntington), N. Y.
■■
interest, the
Bonds Voted—At an election on $10,000 2%% bridge construction bonds will be sold to the
bidder District.
bonds will be submitted to the
complying with the terms of sale
voters at the election to be. held
f
;
8
Denomination $1,000. Dated
May 1, 1947.
Due on May 1, as
follows: $4,000 in ,1948 to 1952
and $5,000 in 1953 to 1960. Rate of
ered which
Crawford, Neb.
Bond
Minn.
until
April 17, by Eleanor F. Lindsay,
Acting Borough Clerk, for the
purchase of $60,000 coupon or
registered sea wall bonds. Interest
urer.
.
Worthington,
received
same for all the bonds.
Principal
Ringen. Second
high
bid was and interest payable at the office
made by Piper, Jaffray & Hopof the Borough Collector-Treas¬
reserves
reject any or all bids. Bids will
be
compared according to the
lowest interest cost computed to
-
Dutton, Mont.
Bonds Sold—An issue of $30,000
No bid less
be considered and
the right to
be
M-N.
MONTANA
of not less
amount
the
than
Bright, N. /.V'\
-:"C
Offering — Sealed bids
Bond
will
k/ rate is not to exceed 6 % /payable
juvenile detention home bonds,
by the purchaser. The City will
printed bonds and ap¬
on
April
on
1, the voters rejected the proposals
to issue the following bonds total¬
furnish the
proving legal opinion of Dorsey,
Colman, Barker, Scott & Barber,
of Minneapolis, both without cost
to the purchaser. Bidders may bid
Sea
All
of
April 14,
of
the
bonds
1947.
100.129
are
dated
Second high bid
for Is was'entered
by
Shields & Co., of New York, and
Associates.
:
Toll Legislation Signed—^Gov*
Thomas
ernor
E.
Dewey
signed
legislation empowering the
ty to collect tolls
son
The
pay
tion
on
River and Sawmill
county
will
coun¬
the Hutchin¬
issue
Parkways.
bonds
to
the cost of installing collec¬
booths.
Cross
The
County
discontinued.
current
Parkway
toll
on
will
be
62
THE COMMERCIAL & FINANCIAL CHRONICLE
(2054)
NORTH CAROLINA
Wilkesboro, N. C.
Bond Offering — Sealed bids
will be received until 11 a.m. on
North
April 15, by W. E. Easterling,
Secretary of the Local Govern¬
ment Commission, at his office in
Raleigh, for the purchase of the
following coupon bonds aggregat¬
ing $17,000:
$8,000 water bonds. Due $4,000 on
April 1, in 1950 and 1951.
9,000 street bonds. Due $3,000 on
April 1, 1950 to 1952.
Denomination $1,000. Dated
each
bid
rate for
part of the bonds of either issue
(having the earliest maturities),
and another rate for the balance,
each
bidder
must
the amount
bid
in
specify
of
1953, and $7,000 in'1959 to
; ,
•
:
buildings improvement bonds.
Due
1972.
Front
Improve¬
ment bonds. Due $16,000 Nov.
Lake
400,000
1, 1948 to 1972.
750,000
$30,000
Due
1948 to
ment
bonds divided
follows:
as
$195,000 water and sewer bonds,
;
of which $24,000 are 3s, due
from
April
$16,000
are
1, 1950 to 1953;
IV4S, due on April
1, in 1954 and 1955, $35,000
are
IV2S, due from April 1,.
1956 to 1959, and $120,000 are
2s, due from April 1, 1960 to
1971.
:
•
75,000 street improvement bonds,
of
which
from
$11,000
April
1,
are
1950
3s, due
to
1953;
$6,000 are l^s, due on April1
1, in <1954 and 1955; $18,000
IV2S,
due from April 1,
1959, and $40,000 are
2s, due from ApriLl, 1960 to
are
1956 to
1967.
30,000
fire
which
station
$5,000
bonds,
IV4S,
are
of
due
4
from
April 1, 1950 to 1954;
$5,000 are 7V2S, due from
April 1, 1955 to 1959, and
$20,000 are l%s, due from
April 1, 1960 to 1969.
100,000
park
and
playground
bonds, of which $12,000 are
3s, due from April 1, 1950 to
1953; $7,000 are IV4S, due on
April 1, in 1954 and 1955;
$16,000 are IV2S, due from
April 1, 1956 to 1959, and
$65,000
are
2s,
due from!
April 1, 1960 to 1972.
construction
Nov.
$48,000
1,
opening
street
bonds.
and
Due
re¬
$6,090
1, 1948 to 1972.
Dated May
1, 1947. Denomina¬
Principal and inter¬
est
at the Irving Trust
Co., New York City.
$1,000.
payable
which
would
give
net
a
interest cost of about 1.93%, sub¬
mitted by R. S. Dickson & Co., and
associates.
OHIO
'*
r.
V.-•*.v.;;
1.-
Chardon, Ohio
Bond
all inclusive.
Fund No. 3 bonds.
.i
Due $28,1, 1948 to 1972,
000 from Nov.
inclusive.
300,000
16,
M-N.
rates
bonds
amounting.' to $6,100,000,
exceeding 3% interest:
street
Due
1948 to 1957.
improvement
$50,000
.-
Nov.
,
to
1,
proposed
issue
of the issues.
for
or
be
made
blanks- which
in
will
the
All bids
form
of
furnished
be
arid
bid
a
present
check
certified
1%
for
able to the
•if.»\4>
v
of
for,
City Treasurer.
I
<•
-
.
the
pay¬
prehensive
the
:.,i
..
c
t
.
■
been
and
this
the
change
considerable
confusion
memorandum
situation,
com¬
made in
districts there
was
these
of
clarifies
particularly
since
certain districts have been unwill¬
ing to dispense with their tradi¬
below
par
tional
any
include in the bonds
bonds
The
names.
categories,
1.
au¬
various
new
follows, with
are as
ceptions noted:
..
ex¬
-
City School District.—A dis¬
trict which includes
a city (an in¬
corporated municipality having a
population of 5,000 or more at the
last Federal Census). This title re¬
mains
unchanged
laws
2.
from
previous
'
Exempted
Village
lation of
cludes
a
of less than
vote
has
popu¬
population,
a
5,008 at the last Fed¬
eral Census)
2,000
a
3,000 or more which in¬
village (an incorporated
municipality having
of
Sc£o<Jl
1
District.—A district with
or
having
more,
a
population
and which,
by
of the Board of Education,
exempted itself from super¬
vision
the
of
Education.
County Board of
county supervi¬
This
sion .relates
almost
matters
educational
entirely to
policy.
This title remains unchanged from
previous laws.
•of
Local
3.
School
District.—A
•
district made up of
unincorporated
territory (township), one or more
villages with less than 2,000 popu¬
lation, or a larger village where
the
Board
voted
of
Education
be
to
combination
has
"exempted,"
of
these.
additional
In
not
or
a
certain
for
May 1, 1947. Due on May
1, in 1948 to 1952, inclusive. Inter¬
est payable M-N.
days after the award, in the City.
Village, Township, Consolidated,
Union, Rural, or Special. Fre¬
quently this occurs when there
Ircnton, Ohio
Ohio
noon
Bond Sale—The
April 23, for
$25,000 6% motor
on
due
$5,000 Dec. 1, 1948 to 1952.
may bid for a different
rate of interest in multiple of Va
of 1 %. Principal and interest pay¬
7
'
""
Miamisburg, Ohio
light
plant
and
system
bonds. Dated April 1, 1947.
De¬
nomination $1,000. Interest A-O.
Due
to
ing
$20,000
1969
on
on
Oct. 1 from 1950
inclusive.
Bonds
matur¬
and after Oct. 1, 1955, are
as
a
whole
or
in part
; ci
.:
.:
r_
;
.
This title is
A.
Centralized and
1.80%.
Dated June 1, 1947
$3,000 on May 1 and
Nov. 1 from 1948 to 1972 inclusive.
with the
whose
Bid
Savings
Bank
102.44
.
Minerva
2Vir/e
100.07
'
\
2V2r/c
Exempted Village Sch.
Minerva), Ohio
stated
that
not
the
to
offering
exceed
ries, it is frequently necessary to
show estimated population figures
districts^
for school
Richmond Local Sch. Dist.
of
4%
been
scheduled for April
bonds offered for sale
14
—v.
—v.
165,
p.
(P. O.
Dorset, R. F. D. No. 2), Ohio
Bond Sale—The $4,000
semi-annual stadium bonds, which
had
by
Since Federal census figures
correspond to municipal bounda¬
Dist* {P* O.
$50,000
name
ries.
101.13
Bond Offering Postponed—It is
the
cor¬
boundaries
accessibility as deter¬
topography, highways,
etc., are the governing - factors
usually in locating these bounda¬
mined
&
'
in
nience and
2Va%
Co.
others*.
municipality or township
they bear. Conve¬
Rate
Stvanahan, Harris & Co.,
now
strictly
respond
Rate
Woody &
Heimerdinger
numerous
Most school districts do not
bids:
Bidder
Trust
revenue
same
similar
be confusing unless
qualifying designation
is
used.
due
Provident
)
the
are
would
some
165,
J.
in
names
about
Walter,
^
to
awarded
districts
county whose
and
27—v.
Inc.
re¬
two
are
$150,000 school
March
Int.
National Bank,
certified check for
A
30
qualifying
White & Co., of Cincinnati, as 2s,
at a price of 102.092, a basis of
Other
at the First
$250, payable to the City, is
quired. " ; vi>
;■:] ;■>' V/, '•
than
an
designed to replace
a variety of titles such as
Village,
Township, Rural, Township Rural,
and
Bidders
Ironton.
1507—were
p.
vehicle bonds. Dated Junel, 1947.
able
later
not
bonds 'offered
Denomination $1,000. These bonds
are
bonds
Miller-City-New Cleveland Local
Sch. Dist. (P. O. Miller City),
Bond Offering—Robert L. Beck,
City Auditor, will receive sealed
until
the
1918—has been post¬
to
.
165,
the
on
1642—were
p.
building
April 5
awarded
Jefferson
Banking Co., of
vl%s,
reports
the
poned. Dated April 15, 1947. Due
Jefferson,
in
Clerk of the Board
of Education*
'
1.1'.
1948 to
1962.
as
r
,
;
titles
has
sufficient amount of the
a
Ohio
a
Dated
redeemable
/
Ky--
explaining
school district titles. Since
or
In order
annum.
bid
a
may
memo¬
a
by their municipal
use
word appears in this title such as
interest payable at the City April 16 for the purchase of $400,office.
Approv| lg 000 3% first mortgage electric
amount of the bonds bid
du 3'
and
cases
Treasurer's
a
1947
borrowed does not
per
remaining $100,000 of
application
opinion of
Squire, Sanders &
Dempsey,
Cleveland,
and
the
printed bonds will be furnished
and paid for by the City. Enclose
1,
land, has had prepared
randum for
par
3%
bid for
,
;
<-fi
each
March
Dated
bonds below par, at
money
bidder
Bond Offering — Raymond M.
to
the
City
Clerk.
No bid for less than' par Hetzel, City Auditor, will receive
and
accrued interest.
Principal sealed bids until noon (EST) on
following
bonds.
for dif¬
Bids may be made
for
none
upon
re¬
ceive sealed bids until May 6 for
the
purchase
of
the
$500,000
or
bid
1779—were awarded to
p.
Fox, Reusch & Co., of Cincinnat Zl
pared to accept delivery and pay
bids
be
165,
v.
offered April 94-
the successful bidder must be pre¬
the purchase of
may
separately
han, Director of Finance, will
struction bonds
& Co., of Cincinnati, the
only bidder, as 2s, at a price of
100.41, a basis of about 1.87%.
payable
bonds may be regis¬
provided by law.
Bid¬
ders may bid for a different rote
of interest in a multiple of % of
1%. Split rate bids on any issue
will not be considered, but dif¬
ferent issues.
Hanra-
the
of
present
may
at
or
exceed
Fredericksburg, Ohio
Sale—The $10,000 street
improvement bonds offered for
sale on April 4—v. 165, p. 1642—
were
awarded to Fox, Reusch &
Dated
as
incl.
1970
The $40,000 cor
—
department,
the
on
Bond
$1,000.
The
tered
bonds
R.
May 20.
on
Interest
1947.
$6,800
Cleveland, Ohio
not
4.
Denomination
May
extension
Offering—F.
elec¬
Due
inclusive.'
Details—The
Interest payable A-O.
Bond
Improvement
bonds.
1
$30,000 from Nov. 1, 1948 to 1957,
must
*■
Street
Fund No.
all
par.
sub¬
Reusch
700,000 Sewage Treatment Works
Sinking
of
tion to be held
to
Ohio
'
Bond Sale
plus a premium,
provided that the proceeds to be
received by the City are not less
than $400,000 and the interest cost
$240,0C0
at the
charges
Bidders
par,
voters
1948
Northampton Local Sch. Dist.
(P. O. Akron R. D. No. 7),
—
awarded
.
the
to
from
$50,000 2%% semi-annual school
bonds, which had been scheduled
for April 24, has been postponed.
..
line
recently to the Village
Fund Trustees—v. 165,
p. 1918—were sold as 3s, at a price
mitted
Said
mortgage
that additional reve¬
may be issued
on
a
bids for said
Ohio
be
thereto
issue.
Toumship Local Sch. Dist.
(P. O. Sayler Park Station
R. R. No. 12, Cincinnati),
will
15
Bond Offering Postponed—It is
stated that the sale of the
140% of the average annual debt
Delia
bonds
&
now
(
.
Sale
water
elec¬
accom¬
Election —The
White
shall have been equal after
$2,000 on Oct. 1 from 1948 to 1907:
operating,
maintenance,
repair, incl.
replacement
and
depreciation
Ohio (State of)
charges to 140% of the debt serv¬
ice charges of the present issue
School District Titles Clarified
for the ensuing fiscal year, plus
—Fahey, Clark & Co., of Cleve¬
service
Bond
additions
thorized
by said ordinance, to
Co., of Cincinnati, as l%s, at a
price of 100.414, a basis of about bring the proceeds to be received
Bond Offering—Sealed bids will
1.67%. Dated April 1, 1947. Due by the City up to $400,000 (said
be received until noon (EST), on
$lj000 from Oct. 1, 1948 to 1957, remaining« bonds mature $20,000
April 25, by Agnes Brown Cain, inclusive. Interest payable A-O* on Oct. 1, 1970 to 1974, inclusive).
City Clerk, for the purchase of Runner-up rn the bidding was If split rates of interest are bid,
the following 2% coupon unlim¬
J. A. White & Co., offering 100.27 any fraction shall be %' of 1% or
ited tax bonds aggregating $2,a multiple thereof.
for 2s.
050,000:
The proceedings authorizing the
Hebron Local Sch. Dist., Ohio
issuance of these bonds including
$200,000
Motor
Vehicles
and
Bond Offering — Lois Walters,
Motor
Driven
the indenture of mortgage are be¬
Equipment
Clerk of the Board of Education,
Fund No. 3 bonds.
Due on
ing prepared and supervised by
will receive sealed bids until 7
Nov. 1, as follows: $33,000 in
Peck, Shaffer & Williams, of Cin¬
1948 to 1951, and $34,000 in p. m. on April 21, for the purchase cinnati, whose approving
opinion
of
$188,000
6%
unlimited- tax will be
1952 and 1953.
furnished to the success¬
bonds. Dated May 1, 1947. Denom¬
ful bidder without cost. The City
500,000
Relief',
Sanitary
and ination
$1,000. These bonds are will also
pay for the cost of print¬
Storm
Sewers
Fund
No.
3
due $3,000 May and Nov. 1, 1948
ing the bonds. Each bid shall be
bonds. ! Due
$20,000
from and 1949, and $4,000
May and for all or none of the
Nov. 1, 1948 to 1972, inclusive.
bonds, and
Nov. 1, 1950 to 1971. Bidders may
the bonds will be awarded to the
150,000
Parks,
Playgrounds, bid for a different rate of interest
highest bidder and the best bid¬
Recreational Buildings, Facil¬ in a
multiple of Va of 1%. A certi¬ der
by the City Auditor with the
ities' and
Equipment
Fund fied check for $2,000, payable to
approval of Council of the City.
No.
9
bonds.
Due
$15,000 the Board of Education, is re¬
The right is reserved to reject
from Nov. 1, 1948 to 1957, in¬
quired.
any and all bids.
Except as ex¬
clusive.
1
pressly authorized by the notice
Hubbard, Ohio
200,000 Incinerator Fund No. 2
Bond Sale
The $4,300 street of sale, no conditional bids will
bonds. Due on Nov. 1, as fol¬
Enclose a certified
improvement
assessment
bonds be received.
lows: $12,000 in 1948 to 1955,
offered for sale on April 7—v. 165, check for $5,000, payable to the
and $13,000 in 1956 to 1963,
p. 1507—were purchased by Fox,
Cty.
The City will deliver and
ferent
'
made.
bonds
A.
Montgomery Local Sch. Dist.
(P. O. Meeker), Ohio
prop¬
Columbus, Ohio
-
offer
be
Oct.
as
'
Dated
an
and
J.
Second high bid of 101.666 for 2s
was made by Otis & Co.
years
Interest
general
must
Cincinnati,
parity
with
the
present
issue,
provided they are for revenue
producing
extensions,
replace¬
ments and additions, and that the
average
annual earnings of the
system
for
the
preceding two
by a certified check for
payable to order of the
$5,000,
construction
<
April 1, 1947.
Interest
payable A-O. Next best bid was
panied
center improve¬
bonds. Due $8,000 Nov.
1, 1948 to 1972.
150,000
F.
authorized
were
1946,
bids
health
200,000
location
Branch
bonds
Nov.,
and
1972.
Nov.
the
The
the
tion
of
whenever
city.
bridge
bonds.
tion
J-T).
Bank
extensions
nue
inclusive.
bonds
to
first mort¬
a
erty of the City together with all
Denomination
$1,000. Due $25,000 on Dec. 1 from
1967
These
by
awarded
were
Co., of Cincinnati, as 2s, at a price
102.019, a basis of about 1.802%.
Dated April 15, 1947 and due on
of
Trustee, covering all of the elec¬
of $500,000 2%
improvement
bonds.
to
Heights Local Sch. Dist-'
(P. O. Cincinnati), Ohio
Bond Sale—The $100,000 audi¬
torium and gymnasium bonds of¬
fered April 9—v. 165, p. 1918—
pre¬
Oct.
tric light plant and system
Dated May 1, 1947.
1948
a
Monfort
from the City to the Lincoln
secured
National
28 for the purchase
hospital
plus
before
be
will provide
Leonard
1959;
or
gage
payable
Patten, City Auditor, will receive
sealed bids until noon on April
at
1,200,000
to the State Treasurer:
to
1948 to
1948 to 1972.
City, will be furnished. - Enclose a
certified check for $340, payable
awarded
bonds.
1,
1972.
approving opinion of Reed,
Hoyt & Washburn, of New York
Banking & Trust Co., of Wilson,
at a price of 100.066, a net inter¬
est cost of about 1.917%, on the'
Nov.
1,000.000 rights-of-way and san¬
itary
storm
water
sewer
bonds.
Due $40,000 Nov.
1,
The
aggregating $400,000, offered for
sale on April 8—v. 165, p. 1917—
disposal
sewage
Due
his
The coupon bonds
1943 to
1,
Nov.
$12,000
1,
on
thereafter.
called
Defiance, Ohio
—
and
will
approved by Chapman & Cutler,
of Chicago.
Offering
Oct.
1,
1964; plus a premium of 1% of
if called thereafter and on or
before Oct. 1, 1969; and at par if
$1,000.
Bond
order
inter¬
any
par
Principal and in¬
Harris Trust
& Savings Bank, Chicago. Legality
department
various
0,000
crued interest will be entertained.
were
Due Nov.
follows: $6,000 in 1948
to
3 0
after
terest payable at the
as
on
thereafter at par
interest, plus a pre¬
accrued
before
J-J. Dated March 1, 1947. Denom¬
ination
$12,000 in 1962 to
Interest
2V4S.
as
numerical
or
mium of 2% of par if called there¬
$18,000 in 1963 and 1964, $20,000
in 1965 and 1966, and $25,000 in
1967,
inverse
1, 1954,
mium of 3% of par if called on or
March 20, have been sold
on
V 1970.
bonds of each
Thomasville, N. C.
in 1948 to
1,
maturities.)
No bid of less than par and ac¬
—
bonds.
150,000 hospital bonds.
bonds of consecutive
Bond Sale
con¬
Due Nov. 1,
1969.
(Each rate must be bid for
r^te.
center,
follows: $11,000
1961, and
no
two
recreation
struction
as
bid may name more than
rates for either issue, and
but
and
equipment
1967.
to
250,000
one
name
may
held
Oct.
est payment date
the election
bonds! as follows: $136,000 maturing Jan.
Due $20,000 Nov. 1, 1948 to 1, $10,000 in 1949, $13,000 in 1950
and 1951, $14,000 in 1952 to 1956,
1967.
750,000 airport bonds. Due Nov. $15,000 in 1957 and 1958, as 2s;
1, as follows: $37,000 in 1948 and $164,000 maturing Jan. 1, $15,to 1957, and $38,000 in 1958 000 in 1959, $16,000 in 1960 to 1962,
and
tion
April
1, 1947. Interest rate is not to ex¬
ceed 6%, payable A-O. Payable in
New York City.
Registerable as
to principal only; general obliga¬
tions; unlimited tax; delivery at
place of purchaser's choice.
A
separate bid for each issue (not
less than par and accrued inter¬
est) is required.
Bidders are re¬
quested to name the interest rate
or rates, in multiples of V\ of 1%;
construc¬
house
market
400.000
their
on
County (P. O.
Toledo), Ohio
r
Bonds Sold—The $300,000 road
bonds authorized at
000 in 1958 and 1959.
in
Cumberland
50,000 park improvement bonds.
Due Nov. 1, as follows: $4,000 in 1948 to 1957, and $5,-
Monday, April 14, 1947
>,
-
J
•.
"
m ~
Volume
Number 4585
165
THE
t>t<\
■
■«
COMMERCIAL & FINANCIAL CHRONICLE
(2055)
Dated
Jan.
1947.
1;
Due $800
OKLAHOMA
on
Sept. 1, in 1948 to 1952, inclusive.
Runner-up was J. A. White & Co.,
bidding
2%
on
bonds.
ed
paratus bonds offered for sale
March
24—v.
165,
system bonds award¬
March 18 to the First Secur¬
v.
165,
price of
on
1507—were
p.
on
ities Co., Inc., of Wichita, as 3s—
ap¬
sold
1643—were
p.
at
a
par.
'
Strasburg, Ohio
Bond Sale—-The $6,000 fire
March 24,
Bond
will
100.266,
V-
a
4 ^interest
A
Fox, Reusch &
a
price pf 100.433.
Ohio
until
noon
Bond
/
April
on
26
the
.
purchase of $18,000 4%
improvement bonds. Dated
T, 1947. Denomination $1,000.
$2,000 on Dec. 1 from 1948 to
for
Tallmadge
the
School
Jan.
Water
Bond*
the
April
on
1948
to
1
and
Oct.
said
net
Int.
.Rate
2*6%.
100.17
Fox,-Reusch & Co—i
2Vi%
2*6%
101.38
Walter^.:Woody
Heimeirdinger
*;
The
&
Plains
:
/
——____
Local
2%%
Sch.
!
Dist.
(P. O. The Plains), Ohio
Bond Sale—The $21,000 build¬
ing bonds offered for sale on
March
15—v.
awarded
to
165,
Ryan,
1242—were
Sutherland &
p.
Co., of Toledo, as 2s, at a price
of 100.366, a basis of about 1.94%.
Dated Jan. 1,1947.
Due on Dec. 1,
in 1948 to 1957, inclusive. Interest
payable J-D.
was
Second
best
100.314 for 2s.
Toledo* Ohio
Bond Sale —The $46,500 street
improvement bonds offered for
;
at
bonds
be
to
(P.
O.
Details—It
a
is
now
price of 100.03,
about
divided
Sale—The
issue of $225,-
000 bonds of fered April 9—v. 165,
as
a
2.08%,
follows:
.
Sale—The
Secretary
of
Board of Directors states that the
$100,000
electric
offered for sale
revenue
on
bonds
March 28, were
purchased by the Ballard-Hassett
Co., of Des Moines, at a price of
98.09.
Although a bid of 98:625
entered by John Nuveen &
Co., it was rejected as being con¬
was
from 1948 to 1967 inclusive. Sec¬
ond
high
bid
of
101.36
for
County, Four Corners Rural
Fire Protection District (P.
O.
Salem), Ore.
Bond Sale—The $10,000 general
obligation bonds offered for sale
on April 3—v, 165, p. 1918—were
awarded
to
the
First
National
nual water bonds offered for sale
on
April 4,
were
awarded to
the
First
Ontario, Ore.
T
Bond Sale—The
$21,000 Lateral
Sewer District No. 18 bonds offer¬
ed April7—v.a
Township Local
School District (P. O.
Willoughby), Ohio
The $60,000 school
on April 7
Bond Sale
—
bonds offered for sale
165* p.63—were
awarded to the United States Na¬
tional Bank)
pjyportland,
at
as
l%s,
price of 100.229, a basis of
about 1.70%.feDated May/ 1, 1947
and due on May 1 from 1948 to
1958, incl.
Second high? bid of
100.14 for l%s~.was made
by the
a
165, p. 1642—were awarded
to Ryan,
Sutherland & Co., Of
First National,Bank of Portland.
Toledo, as 2s, at a price of 101.58,
—v.
a
basis
April
000.
on
of
1,
about
1.784%.
Dated
1947. Denomination $1,bonds are due $2,000
These
April and Nov. 1, 1948 to 1962.
highest bidder was Fox.
The next
Reusch &
Co., for 2s, at
a
£01.18.
price of
to
of
Sale—The
1946
:
PENNSYLVANIA
Vernon
(P.
O.
$600,000 series
electric
Vernon,
as
previously noted
1.70%.
be received until 7
p.m.
(EST), on
April 22, by Florence M. Landsdowne, City Clerk, for the pur¬
not
to
exceed
244%,
payable
Denom. $1,000. Dated
May
1947, Due $25,000 from May
15,
15, 1949 to 1960, incl. Registerable
as to principal
only. Rate of in¬
terest
are
tion. for
payable without deduc¬
taxes
any
succession
(except gift,
taxes)
inheritance
or
levied pursuant to
any present or
future law of the Commonwealth.
ford
&
Co., of Nashville, jointly,
at a price of
100.012, a net inter¬
est cost of about 2.08
%, as fol¬
June
on
1
from
1948 to 1961 inclusive.
123,000 2V4s. Due
1962 to
1,
1946.
1964 inclusive.
A
Securities
and
dated Dec.
are
composed of
& Co., Nash¬
group
Stranahan, Harris
ville
./
June 1 from
on
All of the bonds
Co.,
W.
E.
second
offer
Lyons
Estes
providing for
high
&
&
Co.,
their
bidder,
net interest
a
cost of 2.27%,
South: Fulton (P. O. Fulton, Ky.),
Tenn.
Bond
Ordinance
ordinance
Passed
calling
for
street.
and
—
An
passed recently by
was
the Mayor and the City
issue
an
Aldermen,
of
$80,000
improvement
bonds. Dated June 1, 1947. These
bonds are due June 1, 1948 to
1977.
sewer
'
•
'
,
.
''
'
■.«
Trenton, Tenn.
Bond
Sale
The
—
following
bonds aggregating $75,000, offered
for sale on April 4—v. 165, p. 1643
awarded to C. H. Little &
—were
receive
in
the
limitation
prescribed
Somerset, Pa.
$184,000
Sale —The
water1 works
bonds
offered
7
•
4 Y 'Y
County (Pi' O,
/ ' Andrews), Texas "
Bonds Sold—The $75,000 park
authorized
at
the
Feb.
15
election have been sold to William
2%
for
N. Edwards & Co., of Fort
Worth,
as 2s. Dated March
1, 1947. Legal¬
ity
approved
by
McCall,
Park-
hurst & Crowe of Dallas.
sale on
April 7—v. 165, p. 1643
were awarded to
Archer County (P. O.
Halsey, Stuart &
Co., at a price of 103.409; a basis
Archer City)* Texas
of about 1.64%.
Bonds Sold—An issue of $115,Coupon bonds,
dated April 1, 1947.
Due $8,000 000 road refunding bonds has been
from
April 1, 1948 to 1970, inch sold
Interest payable A-O. Second best
bid was an offer of 103.21, sub¬
mitted by Blair & Co. ,Inc., and
of
to William N. Edwards &
Fort
Worth,
the
and
Union Trust Co., of
Bond
the
$290,000
revenue
bonds
15 elec-*-
block of $200,000 have been
to Crummer #
Co., Inc. of
a
sold
Texas, of Dallas.
'
:
Georgetown Indep. Sch. Dist.
(P. O. Georgetown), Texas
Bond Offering—Sealed bids
will
be
received, until 7:30 p.m.
on
April 24, by W. P. Young, Presi¬
dent of the Board of
the
purchase
of
house bonds.
to
Trustees, for
$165,000
Interest
school
rate
is
not
exceed
4%, payable M-N. De¬
$1,000. Dated May 1, 1947.
Due on May 1, as follows:
$4,000
nom.
In 1948 and 1949. $5,000 in 1950 to
1952, $6,000 in 1953 to 1955, $7,000
1956 to 1959, $8,000 in 1960 to
1962, $14,000 in 1963 to 1965 and
$15,000 in 1966 and 1967. These
in
bonds carried by a vote of 358 to
137 at an election held on March
It is the intention of the Board
of Trustees to sell the bonds at the
lowest interest-cost that \yill bring
a
price of approximately, but not *
less than, par and accrued interest.
Bidders are required to name a
rate
of combination
with
their
bid
of two rates
is nearest-
which
and accrued interest. Any rate
par
named must be in
of 1%.
multiples of 44
All bids must be submitted
on a
uniform bid blank. Alternate'
bids
are
five
and
requested
on bonds with
10-year option redemp-
Mayor,
until
SOUTH DAKOTA
Co.,
printed bonds,
a
of the
copy
pro¬
ceedings, the approving opinion of
any
market attorney
selected
by
payable to the
pistri6f.Y:YY:?y^
Hawkins
(P. O*,
Indep. Sch. Dist.
Hawkins), Texas
Bond Offering Date Correction
.
—It is
stated that the correct
now
offering date
to
exceed
the $100,000 not
on
244%-
house
school
bonds is
April 14,: not>April 15,
previously reported-Yv. ,165,
p. 1919—but the maturity is still
$10,000 from May 1, 1948 to 1957,
as
inclusive. Interest payable
M-N*
Jourdanton, Texas
Election
Bond
$125,000
issue
An
—
sanitary
of;
system;
sewer
Offering—E. A.
will
8
sidered on bonds with a 10-year
optional clause. A certified check
for
mitted to the voters at the elec¬
tions to be held on April 15.
deliver
will
to
the
bank
designated by the purchaser, all
its own expense. The bonds were
authorized at
TENNESSEE
bonds
an
election, in May,
1946.
Clinton, Tenn.
awarded
to
the
Equitable
Securities Corp., and the FidelityBankers Trust Co., of Knoxville,
Dated
100.51,
244s, at a price of
basis of about 2.195%.
as
a
April
1,
1947.
1967 inclusive. Interest A-O. Issue
was
authorized
Denomina¬
Board of Regents of the
of Texas (P. O.
University
Austin), Texas
Bond Offering—C. D.
Vice-President
has
and
announced
will
be
(CST)
chase
on
of
that
received
April
sealed
until
17
$339,500
municipal bonds.
Simmons,
Comptroller,
for
11
the
various
at
Board
bonds
of
at
Trustees
the
to
the
sell
interest cost
lowest
imately,
but
not
required to
bination
bid
name a
of
two
which
is
than,
less
and accrued interest.
par
Bidders
rate
are
or a com¬
their
with
rates
nearest
and
par
accrued interest.
Any rate or rates
be in multiples of 44
of
1%.
quested
Alternate
on
bids
are
re¬
bonds with option of
redemption
date.
10 years from their
All bids must be submitted
the
uniform
bid
on
a.m.
cipal and interest
pur¬
on
that will bring a price of approx¬
bids
Texas
election
an
March 15. It is the intention of the
named must
Bond Sale—The $50,000 general
improvement bonds offered for
sale on April 3—v. 165, p.1919—
•;
60 days.
Principal and interest
payable at a place designated by ^
*
the purchraser. Enclose a certified
check for $3,300,
Dallas, jointly.
$800, payable to order of the
of city, is required. City will furnish
$125,000 semi-annual, water works printed bonds, copy of proceed¬
improvement bonds, not exceed¬ ings, legal opinion of attorneys
ing 344%- interest, will be sub¬ selected by succesful bidder, and
Belle Fourche, S. Dak.
Bond Election — An issue
*
The District will f urnishYhe
tion.
Medcaff, revenue bonds will be submitted/
receive sealed bids to the voters at the election to be1
p.m. on April 22 for the held on April 19.
Westerly, R. I.
purchase of $40,000 not to exceed
Keller Indep* Sch. Dist., Texae
Note Sale—The $200,000 tem¬ 4% interest sewer
system revenue
Bond Offering—R. R. Ruther¬
porary loan notes offered for sale bonds. Dated May
1, 1947. De¬
on April
4, were awarded to the nomination $1,000. Due May 1, as ford, Secretary of Board of Trus¬
First National Bank of Boston, at follows:
$1,000 from 1948 to 1967 tees, will receive sealed bids until
8 p.m. on April 17 for the pur-'
a discount of 0.69%. Dated April
inclusive, and $2,000 from 1968
7, 1947. These notes are due Nov. to 1977 inclusive. Principal and chase of $15,000 not to exceed 4%
5; 1947. Denominations $25,000, interest (M-N) payable at a place interest school house bonds. Dated
$10,000 and $5,000. The next high¬ designated by the succesful bid¬ April 10/ 1947. Denomination $1,-'
000 and $500. Due April 10, as
est bidder was the Industrial Trust der. Rate or rates
pf interest to
Co.,
Providence, at a rate of be expressed in multiples of 44 follows: $500 from 1948 to 1957
0.70%.
'
of 1%. Alternate bids will be con¬ inclusive, and $1,000 from 1958 to
RHODE ISLAND
'
22.
Dallas
Bangs, Texas
associates.
Of
—
at the'March
by the purchaser without cost to
him. It is anticipated that delivery
can be effected in
approximately
'1
"
'Andrews
bonds
tion,
Sold'
works:
•the- »pi*rckj£er swill-deliver
the bonds to the bank designated
TEXAS
by
certified check for
$6,000, payable to the City.
sealed bids until 8 p.m.
on
a
$1,000.
Bonds
1947. Denomina¬
Dated July 1,
tion
ad valorem taxes levied upon all
the taxable property therein with¬
law. Enclose
.
Dumas,' Texas
.
from
bonds: 'Due
July 1, 1955 to 1965.
without
charge the
opinion of Burgwin* Churchill &
Ruffin, of Pittsburgh, that the
bonds are valid general obliga¬
tions of the City, payable from
jointly,
(EST)
extension
accepted. The successful bidder
will
Securities Corp.,,
Texas, both of San Antonio, in
joint account.
• Y
of
authorized
r
be
Ranson-Davidson Co., and*
Columbian
bonds
revenue
was
Offering—Sealed bids will
the
Securities Corp., and J. C. Brad¬
:
Sharon, Pa.
Bond
to
the
water
$65,000
165, p. 1919—were sold as
l%s, at a price of 100.38, a basis
Pittsburgh ), Pa.
Offering—H. D. Winters,
Township Secretary, will receive
Bond
Sold—The $85,000 audi¬
torium bonds authorized
at the
March 24 election have
been sold
offered April 9—v.
165, p. 1919—
awarded to the
Equitable
$477,000 2s. Due
Vernon), Pa.
in—v.
were
Kennedy Township (P. O.
Texas
Bonds
Yv:
were
award¬
First National Bank of
the
Belle
Bond
Marion
2 44 s
Willoughby
ed
,
made by Braun, Bosworth &
Co. of Toledo.
was
Belle
ditional.
National Bank, of Portland,
1779—was awarded to Fahey,
at a price of 102.83. Second best
Clark & Co., of; Cleveland, and
bid was an offer of
102.68, entered
Ryan, Sutherland & Co., of To¬
jointly by the: United States Na¬
ledo, jointly, as 244s, at a price of
tional Bank, of
Portland, and the
100.593, a basis of about 2.185%.
Coos Bay National
Bank, Coos
Dated April 1,1947 and: due semi¬
Bay.
■
annually on May 1, and Nov. 1
p.
Bond
election in
M-N.
on
Bond
an
Bond Sale Details—The
street improvement bonds
is
April 8—v. 165, p. 1918— Bank, of Portland, as 244s, at a
price of 100.38, a basis of about
were awarded to
Stranahan, Har¬
ris & Co., Inc., of Toledo, as 1V4S, 2.172%. Dated April 1, 1947. These
bonds are due $1,000 April 1, 1948
at a price of 100.44, a basis of
to 1957, inclusive. The next high¬
about 1.12%. Dated May
1, 1947.
est bidder was the United States
These bonds are due May 1, in
National Bank, Portland, for 244s,
1949 to 1952.
The next highest
at a price of 100.167.
bidder was Braun, Bosworth &
Co.,. Inc., for l%s, at a price of
North Bend, Ore.
100.40.
Bond Sale—The City Recorder
states that $275,000 2% semi-an¬
WickliffeLocalSch, Dist,, Ohio
sale
Paris, Tenn.'
63
Crockett Independent Sch.
Dist.,
a
chase of $300,000
coupon
street
improvement bonds. Interest rate
Lodge
Oak
County, Central Lincoln
Peoples Utility Dist. (P. O.
Newport), Ore.
Bond
1
bidder
Fox, Reusch & Co., offering
submitted to
Lincoln
.
100.62
District
Sale
bank
the
101.40
V/idmann & Co.^___._
County,
due
are
Co., of Jackson, J. C. Bradford &
000 as
and . the Commerce Union
The bonds will be sold to the Co.,
1975. Interest payable J-J.
Bank, both of ; Nashville, ,at a net
highest responsible bidder subject
to the approval of the authorizing .interest cost of;2.74%r
Coos Bay, Ore.
Bonds Sold—The City Recorder 1 proceedings by the Department of I $30,000 water, sewer and street
extension
bonds. Due from
states, that ,$275,000 2% semi-an¬ Internal Affairs. No bid for less
July 1, 1949 to 1954, inclusive.
nual water bonds, have been sold. than par and accrued interest or
45,000 water, sewer and street
.for less than, all of the, bonds will
100.841
Sbranhan, Harris & Co.,'
Belle
of
as 244 s, due from July 1,
1965; the remaining $168,2s, due from July 1, 1966 to
Bid
2V*%
:;Sea?ong6od; & Mayer___
North
expan¬
1950 to
Rate
Inc<
issue
$197,000
1
Bidder
An
election
the
interest cost of
on
1969 inclusive.
;
Other bids:
"■''■X-y-t-n,..
in
States National Bank, of
terest to be in a multiple of 44 of
Portland, as noted here in Sep¬
f 1 %, and must be the same for all
tember, were purchased by the the
bonds. The principal and in¬
Ryan, Sutherland & Co., of
Toledo, as 2%s,r at a price of
101.594, a basis of about 2.093%.
Dated April 1, 1947 and due semi¬
annually
—
These bonds
April 1, from 1953 to
1962, inclusive. The next highest
on
Shafto,
United
District,
1643—was awarded
p.
expressed
authorized at
of about
reported that the $365,000 general
obligation
bonds
sold
to
the
to
Y"
on
Portland), -Ore.
Sale—The issue of $170,building bonds offered March
from
p.m.
April 25.
on
1958
Bond
165,
at
Clackamas
Due
Ohio
27—v.
voters
held
park
payable to
city, is required.
Local
Election
sion bonds will be
for
$200,
order of the
000
2
$16,500 municipal airport
inclusive. Interest J-D. A certified
check,
interest,
Albany, Ore.
2T City Auditor, will receive sealed
bids
until
OREGON!
i Bond Offering—John F. Pearce,
-
received
payable A-O. : The next
Struthers,
,
bids
Clerk, for the purchase of $150,000
water works bonds, approved by
the voters on April 1.
was
of
Dec., 1946, and the approving legal
opinion of Burgwin, Churchill &
,;
Sealed
Co., of
l%s, at a price of
basis of about 1.66%.
as
>Co., for 2s, at
£
Oklai
—
April 21, by Myrtle McGuire, City
'/M highest bidder
-
Offering
be
$5,000
lows:
were
on
rate
quired.
awarded to J. A. White &
-j : Cincinnati,
Hersch-
Offered—Rhea
Weatherford,
en-
tion $1,000.
$1,000. Due $4,000 bidder was Jack M. Bass &
Co.,
on May 1 from 1949
to 1968 in¬ and
Nashville ; Securities :
Co.,
clusive. Registerable as to
prin¬ jointly, for 244s, at a price of
cipal only. Bidder to name a single ,100.103.
berger, City Clerk, received sealed
bids until April 11 for the pur¬ Ruffin, of Pittsburgh, will be fur'nished the successful bidder. A
chase of $25,500 airport bonds.
certified check for $1,600,
These bonds were authorized at
payable
to order of the
township is re¬
the. election held on March 18.
I gine and equipment bonds off fered for sale
Denomination
were
Medford, Okla.
Bonds
municipal
Dated May 1, 1947.
multiple of 44 of 1%. The bonds
awarded to the Oak Harbor State
Bank, of Oak Harbor, as 2s, at a
price of 100.166, a basis of about
1.965%.- Dated April 1, 1947. Due
on Oct. 1, in 1948 to 1957: Inter¬
est payable A-O. Runner-up in
the bidding was Fox, Reusch &
Co., offering 101.05 for 2V2S.
water and
coupon
building bonds.
$40,000
Bond Sale Details—The
water works
Sale—The $6,000 fire
000
Dawson, Okla4
*
Rocky Ridge* Ohio
.Bond
April 21 for the purchase of $80,-
blank.
are
Prin¬
to be made
payable at the place designated by
the purchasers. The District will
furnish
the
printed
bonds,
the
,
-
FINANCIAL CHRONICLE
THE COMMERCIAL &
64
(2056)
approving opinion of any recog¬
nized market attorney of the pur¬
The next
choice, and will deliver
the bonds to the bank designated
chasers
J.
interest
highest bidder was R.
Edwards, Inc., at a net
cost of 2.445%.
Sunray Indep.
university
School District,
Bond Sale Details—The $125,000
be effected within ap¬
school construction bonds reported
proximately 60 days. Enclose a
sold
in—v.
165, p. 1371—were
certified check for $300, payable
purchased by Hatcher & Co., and
to the District.
R. A. Underwood & Co., both of
Littlefield, Texas
Dallas, jointly at a price of 100.Bond Offering —It is reported 037, a net interest cost of about
received 3.20%, as follows:
until April 14, by the City Sec¬
$9,000 2VzS. Due on March 1: $1,retary, for the purchase 0^65,000
000 in 1948 and $2,000 from
paving bonds, approved by the
1949 to 1952 inclusive.
bids will be
that sealed
voters
April 1.
on
Water and Imp.
(P. O. Bellmead),
McLennan County
No.
Dist.
I
30,000 3s. Due on March 1: $2,000
in 1953; $3,000 from 1954 to
1961 inclusive, and $4,000 in
1962.
Texas
Bonds Sold—An
and
sewer
issue of $600,000
water system revenue
ive; $5,000, 1966 to 1970 in¬
clusive; $6,000 from 1971 to
1977 inclusive, and $7,000 in
& Co., and R.
j ointly by Hatcher
Underwood
A.
both
Co.,
&
Dallas, as 3V2s, at par.
Denomina¬
$1,000. Dated April 1, 1947.
from April 1, 1950 to 1977;
bonds maturing in 1963 to
tion
Due
1978.
of
All of the bonds are
1947.
1,
dated Mar.
Denomination
$1,000.
1963 to 1978,
optional March
1977, being optional on and after
1,
1962. Principal and interest
April 1, 1962, at par and accrued
(M-S) payable at the Mercantile
interest.
Legality approved by National Bank, Dallas. The bonds
McCall, Parkhurst & Crowe, of are
payable from general taxes
Dallas. Interest payable A-O.
within the limit prescribed by
with
Pottsboro,
Bonds Not Sold
Texas
It is stated
—
following not to exceed
that the
on
law and have been
and $15,000
general obligation bonds.
(It is expected that these bonds
reoffered for sale in the
be
will
future.)
near
Sequin Independent Sch. Dist.
(P. O. Sequin), Texas
Bond Sale—The $271,000 school
bonds offered March 27—v. 165,
Dittmar
& Co., and Ro$ & Qo> bpth of
tS^n Antonio, and Kotan, Mosle &
Moreland, of >Houston, in - joint
p.
1779—were awarded to
Dated April 1,
account.
due
1947 and
April 1 from 1948 to 1977
on
inclusive.
Smith County,
Chapel Hill Con•
Sch. Dist.
solidated Rural High
No.
Bond
house
(P. O. Route 7,
Tyler), Texas
2
Sale—The $52,000 school
bonds
sale
offered for
on
2—v.
165, p. 1644—were
awarded to the Columbian Secur¬
April
Corp.,; of Texas, of San
Antonio, at a net interest cost of
2.3758%. Dated April 10, 1947. De¬
ities
These bonds
due April 10, in 1948 to 1967.
nomination
are
$1,000.
approved as to
legality by McCall, Parkhurst
&
Crowe of Dallas.
VIRGINIA
March 31, but were not
Purcellville, Va.
Offering—Wilbur T. Frye,
Bond
receive
(EST) on
April 21 for the purchase of $175,000 not
to exceed 3%
interest
Recorder,
Town
will
sealed bids until 7 p.m.
general obligation sewerage sys¬
tem
and
disposal plant bonds.
require
be
must
25
"
from
which the bonds
on
the
project
based.
are
$46,915
bonds awarded to
the First National Bank, of Ever¬
ett, as iv2s, at a price of 100.319,
on
March 20—v. 165, p. 1780—
mature March
1, as follows: $4,915
1949, $5,000 in 1950 to 1955, and
$6,000 in 1956 and 1957.
Net in¬
basis of about 1.444%.
County Sch. Dist. No. 206
(P. O. Yakima), Wash.
Maturity—It
is
now
to
be
by the Legislature in 1946,
university may issue bonds
projects such as dormitories
other student buildings. But
act provides
held
stituted
of
no
states
on
and
the
project which could
the type
be con¬
25
Section
to
235
of
text
Banking Law,
Obligations of the Domin¬
of any province
ion of Canada, or
city of the Dominion of Can¬
ada, as provided in this subdivi¬
or
ada is
United
Obligations of
"(b)
ince
of
prov¬
Canada
which there is no default
which there has been
upon
more than 90 days;
that within 10 years
immediately preceding the invest¬
ment of such province has not
no
default for
provided,
been in default for
more
days in the payment of
than 90
any
part
of
principal or interest of any
debt duly authorized by the legis¬
lature of such
such
duced
to
net
25
debt
be
re¬
centum
per
shall
of
the
now
im¬
of taxa¬
authorized
purposes
be
to
an
the
for
savings
debt'
banks.
that
or
Thomas
E.
Dewey
AUTHORITY
of $8,500,000 of The Port of New York
cashier's check in the amount of $170,000.
the result of bids at
or
signed
a
less than 150,000 inhabitants, and
has not, within 25 years preced¬
any
interest of
bond, note,
other evidence of indebtedness,
that
the
indebtedness
The
before 6:00 P. M. on
not exceed the
limitations imposed by paragraph
(c) of subdivision five of this sec¬
tion; and provided further that
the principal and interest of such
obligations are payable, in United
States funds. No obligations of
any such city shall be an author¬
ized investment for savings banks
unless such city shall have power
to levy taxes on the taxable real
property therein for the payment
of such obligations without limi¬
division, and not more than two
per
centum of such assets shall be
invested in the obligations of any
province,
these bonds
are to be issued, may be obtained at the Office of the Executive Director
of the Authority, No. Ill Eighth Avenue, New York 11, N. Y.
Authority, and of the resolutions pursuant to w^ch
nor more
HOWARD S. CULIMAN,
CHAIRMAN
than two per
centum of such assets in the obli¬
gations of
any
city, as authorized
by this subdivision''
Treasury
1547
May
on
addition to
the
1,
and, in
1952,
Smith, Barney & Co.,
underwriting
will in¬
group
clude:
First Boston Corp., HarriRipley & Co., Inc., Dominion
Securities Corp., A. E. Ames & Co,
Inc., Wood, Gundy & Co., Inc.,
man
McLeod, Young, Weir,
Hayden, Stone & Co.
Inc.,
and
ONTARIO
Bowmanville, Ont.
Sold—An issue of
Bonds
000
2Vz°/0
bonds
and
has
$190,improvement
3%
been
Gouinlock
&
Dated Feb.
sold
Co.,
to
Bellr
Toronto!
of
1, 1947. Due
Feb. 1
on
from 1948 to 1967 inclusive.
Fort
Erie, Ont.
Bonds Sold—It is
reported that
$164,000 improvement bonds were
1948 to
1962.
Harrow, Ont.
Cowansville, Que.
Bonds
Sold—It
$350,000
3%
is
that
stated
im¬
semi-annual
were purchased
recently by Wood, Gundy & Co.„
provement bonds
of Toronto.
Hudson
Protestant School
mission
Bonds
$215,000
annual
chased
Com¬
(P. O. Hudson), Que.
is
Sold—It
2*4,
2V2
school
3%
and
bonds
i
that
stated
semi¬
were
pur¬
recently by A. E. Ames &;
Co., of Toronto.
Three
Rivers, Que*
bids will
Bond Offering—Sealed
be received until 8 p.m.
on
April
21, by Jacques Denechaud, City
Treasurer, for the purchase of
2%,
3% city
Interest
payable M-N. Denominations of
tation of rate or amount.
$100 or multiples of $100, at thepurchaser's option. Due Nov. lv
"(d) Not more than ten per
as follows: $14,000 in 1947 to 1951,.
centum of the assets of any sav¬
$21,000 in 1952 to 1956, $28,000 in
ings bank shall be invested in the 1957 to 1961, $35,000 in 1962 to*
obligations defined in this sub¬ 1966, "$43,000 in 1967 to 1971, $49,-
Copies of the prescribed bidding form, of the Official Statement
APRIL 11,
mature
an
either of prin¬
or
day.
of the
on July
equal amount of out¬
standing 3Y2V0 debentures, due
July 1, 1949. The new bonds will
1, 1947, of
moneys
preceding said investment, of not
nor
will be received by the Authority at 11:00 A. M. on Tuesday,
announce
be used in the retirement
of- the Dominion of Canada next
April 15, 1947, at its office. Each offer must be accompanied by a
certified check
April,
this
"Legals"
nd Certain Cities Made
1974, (Second Installment), bearing interest at the rate of 2% per
Authority will
in
The
in
used
as
for N. Y. Savings Banks—Gover¬
51
Authority General and Refunding Bonds, of the Eighth Series, Due
annum,
later
Due in
tion, cease
investment
of such city does
or none
States
province for the
City Clerk
that the $16,000 local
provided
Proposals for all
United
issue of $5,000,000 bonds of the
an
purchased recently by Harrison &
Co., of Toronto, as 2%s and 3s.
or
NEW YORK
&Co., of New York, is sched¬
to make public offering in
valuation of real property in such
Wis.
cipal
OF
uled
province, proceeds of which will
/
any
Dominion
the
of
and
States
;
'
(Province of)
Plans Financing In U. S. — A,.
syndicate headed by Smith, Bar¬
ney
ment of any part
PORT
New Brunswick
the
in
'
bonds has been sold to R. A. Daly
& Co. of Toronto. Due from 1943
to 1967 inclusive.
cipal, provided that the principal
and interest of such obligations
payable
N. B.
Bonds Sold—An issue of $300,000 various coupon
improvement
pledged to provide for the
funds.
BRUNSWICK
Monet on,
payment of the interest and prin¬
are
2V4s and 3s.
as
15, 1948 to 1967. In¬
NEW
which follows:
"25.
Feb.
terest payable F-A.
of
ing said investment, defaulted for
more than
120 days in the pay¬
THE
on
'
of
Bonds Sold—An issue of $115,—
term 'net
000 3% semi-annual improvement
paragraph
bonds is said to have been pur¬
shall mean the aggregate of (1)
chased
recently
by
Goulding,
all direct obligations funded and
Rose & Co., of Toronto, at a price
unfunded of any such province
of 101.78.
and (2) all other obligations on
which interest is being paid out
Hearst, Ont.
of the ordinary revenues of such
Bonds Sold—An issue of $200,province; less sinking funds ap* 000 improvement bonds is said tohave been sold recently to Har¬
plicable to such obligations.
"(c) Obligations of any city in rison & Co., of Toronto, as 2%s
the Dominion of Canada, provided and 3^4s.
Canada (Dominion of)
that said city has a population, as
Bonds of Dominion, Provinces shown by the last official census
QUEBEC
specifically that the
limitation
State
the
Co., of Toronto,
new
on
WISCONSIN
the
for
enumerated student projects con¬
subdivision
until
Price Paid—The
Proposed
Governor
Due
a
April in such province for the purposes
14.
Denoms.
$1,000,
and
$500. of taxation, the obligations of such
These bonds are due in 10 years.
province shall, thereafter,
and
election
provement bonds sold to Paine,
Webber, Jackson & Curtis, of Chi¬
Tuck has approved
a
tentative
cago, as noted here—v. 165, p.
bond issue program, which had
1780—were purchased by the said
been outlined by former Gover¬
firm at 1V2 % interest, paying a
nor
Darden, to provide living
price of 100.347, a basis of about
quarters for faculty members of 1.44%. Dated March 1, 1947. Due
the University of Virginia.
on Oct. 1, in 1948 to 1957, incl.
Under terms of an act approved
—
vestments is contained in
were
—
the
;
that
purchased recently by Tanner &
province; and pro¬
$7,000 in 1952 to 1957, giving a vided that the
principal and in¬
basis of about 1.635%.
terest
of
such
obligations
are
payable in United States funds;
WEST VIRGINIA
and provided further, that if at
Elizabeth, W. Va.
any time the net debt, as herein¬
Bond Election
The $45,000 after defined, of any such prov¬
3 V2% street improvement bonds ince shall exceed 25 per centum
will be submitted to the voters at of the valuation of real property
University of Virginia
Approves
by
the County Treasurer that the
$60,000 school bonds sold to the
National Bank of Commerce, of
Seattle, as l3/4s, at 100.64, as noted
here--v. 165, p. 1780—are due as
follows: $6 000 in 1949 to 1951, and
Medford,
Governor
stated
'
'
It is stated
—
$283,000 improvement bonds
upon
Yakima
Sold
of not less than
population under certain
conditions. Authority for such in¬
in
come
COLUMBIA
150,000
the faith of the Dominion of Can¬
Bond Sale Details—The
>, "•
-i
inces and any city
ion of Canada, or
Everett), Wash.
years.
Housing Bond Issue
Bonds
"(a) Obligations of the Domin¬
those for which
(P. O.
\
Vernon, B. C.
sion.
Port of Everett
1
.
BRITISH
the Dominion of Canada, its Prov¬
WASHINGTON
$1,000. Due serially over a period
of
the law which
that such indebtedness
paid off only from rev¬
derived
enues
May 1, 1947. Denomination
Dated
for
under provisions of
both inclusive, are
sold: $25,000 revenue,
apartments
faculty members, and issue bonds
to pay for the construction. The
rent paid in by the faculty ten¬
ants would liquidate the bonds
Bonds maturing from
4% semi-annual water works sys¬
tem bonds totaling $40,000 were
offered
that the
of land,
tract
a
or
improvement
86,000 3V4s. Due on March 1: $4,000 from 1963 to 1965 inclus¬
bonds, approved by the voters on
March
29, has been purchased
buy
houses
erect
Texas
can
ery
Projects must be only, bill approved by the 1947 State
convenience" of the in¬ legislature authorizing State sav¬
ings banks to invest in bonds of
stitution.
f't/'v
structed.
Darden proposed
'i .*?
r
Monday, April 14, 1947
"for the
Mr,
by the purchasers without cost to
them. It is anticipated that deliv¬
•
of
Bills
Sold—An issue
on
April
10
at
an
average
23/4
and
000 in 1972 to 1975, and
$22,000 in
1976, and $27,000 May 1, 1976. The;
bonds will be subject to redemp¬
tion by anticipation, in whole orin part, at par, on any interest
maturity date, however, in case of'
partial redemption, the bonds tn
be
redeemed
payment in
$75,000,000 Treasury bills was
sold
$950,000
bonds. Dated May 1,1947.
turity and
cipal
and
Three
will
be
serial
number.
for
ma¬
Prin¬
interest
payable
in
Rivers, Montreal or Quebec.
Enclose
a
certified
check for
yield of 0.407%. Dated April 11,
of the par value of the
1947 and due
able
July 11, 1947.
called
order of
reverse
to the
City.
.
bonds,
• >
■.
.
1%
pay¬
<
@FedFRASER