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3l)S.
MONDAY
1
AUG
1949
Beg. U. S. Fat. Office
New
Number 4825
170
Volume
'
__
General
RAILROAD
Acme Steel Co.—Earnings—
Net
sales
Federal
:
INDUSTRIAL
-
2,075,562
3,868,594
MISCELLANEOUS
-
Period End. May 31—
681,352
788,714
1,470,066
2,109,613
'V*
Operating
Net
income
•Net
income
-
Six Months Ended June 30—
Total
income '
$3,442,000
$1,2Q
v
Income
1948
-
1
taxes other
for
Federal
taxes
12,058,776
etc..™
8,159,559
1,162,737
178,395
contingencies—,—r—
(excl.. gain
income
22,000
paid;
$55i,426
697,150
363,200
COMPARATIVE
STATEMENT
AND
ASSETS
OF
Cash
Government
Amt.
receiv.
Other
obligations at value—
sold—not delivered
receivables-
current
Total
•
-
securities
for
—
Invests, (oth. than U. S. Govt, obligs.) at value
..
LIABILITIES
——————$36,449,075 $38,390,349
■
——————————————————————————
:?":-
.T; LIABILITIES—'
.-■/'>y"S'
•' ./;■<■';
Amount payable for securities purch.—not rec'd
$1,072,118 t
——
! Other current payables and accruals-—31,293
,$39,997
-~*i««erve
for contingencies—--,—
———
97,119
97,819
y*Net assets applic, to outstdg. capital shares—, 35,248,546 >38,252,£33
■,
-
,
Bal.
Total
"
—
$36,449,075: $38,390,349
—'i———;
v.-•
.
1948 was
entirely eliminated
such election.—V.
^
p.
1877.
/
,
"
C.
of
in ; charges
Vice-President
Johnson,
Inc.
i
mutual
■
As of June 30,
f
were
compared with $4.64
98%
the
of
Airline
follows:
as
i
30,
1949
net
total
assets
34.29%,
stocks
was
invested
in
■
'
-
aircraft
manufacturing
aircraft
tNet Income
•Earns,
-
of a
new
union
passenger
station in Akron. Ohio.
granted
&
was
Ohio
RR.
to
to
share.
Six Months Ended May 31—
and
expenses
1949
"interest earned——
investment
Number
of
capital
for
interest
income
*Based
on
125,509
$836,878
shares
•Net assets at May 31
assets per share
market
720,209
873,016
720,209
1,756,377
1,516,565 20,734,969
share—$4.63
19,357,972
$4,32
earns,
to
exclude
from
Operating Revenues
and Operating-Rev¬
completed
March
on
15,
1949
Electric
Holding
President,
the
cash
on
June 30 said in part:
;
..
position
of the company remains difficult, we are
will be improved by the sale of Cuban
Electric Co. mortgage bonds.
The Securities and Exchange Commission
held a hearing on June 20, 1949 to bring the record
up to date insofar
as
it pertains to the A, & F. P. Co., Inc., application for
permission
V
$0.20
Nil
>
Co.
a
While
$0.23
1949
income
(excl.
and
that
this
situation
to acquire $19,500,000 of the 6%
debentures of Cuban Electric Co,
now held by Electric Bond & Share Co.,
which is a necessary prelim¬
inary to the Issuance
of the Cuban Electric Co. mortgage bonds.- If
this transaction is approved by the
Commission, the company then
will be in a position where it can endeavor at an
early date to negotiate
the sale of the new Cuban Electric Co.
mortgage bonds.
The company's representatives are still negotiating with the
>
Chilean
income
taxes
1948,
■
1947
$325,726
$336,990
84,741
95,953
11,000.
?
77,456
\
gain'or loss in
_v'
STATEMENT
$348,383
OF
ASSETS
ASSETS—
Cash
$229,986
AND
June
•
(oth. than U. S. Govt, obligs.)
at value
000,000
work
may
in
be somewhat
Cuba.
At
reduced
present
more
with
than
the
discontinuance
one-half
of
the
of
certain
estimated
7,350
—
—
$820,089
8,990,857
8,569,181
$31,082,370 $34,520,015
$3.46
quotations,
losses.—V. 169, p. 597.
tExclusive
of
security
$4.03
profits
and
1949
30/49 Dec. 31/48
beyond
Although the demand for additional service continues,
the
company does not intend to undertake any new programs for major
developments unless adequate financing, compensatory rates and the
availability of dollar exchange can be previously arranged.
S.
Invests,
With the year 1949, the company's subsidiaries will have substan¬
tially completed their postwar program of essential property expansion.
The 1949 construction expenditures estimated' at
approximately $30,-
construction
$516,347
—.—
$230,037
new
LIABILITIES
Government obligations at value.-—;—2,000,999,
receiv. for securs. sold—not delivered
66,062
Other
current
receivables
—76,903
U.
a mutually
satisfactory arrangement for the installation
generating capacity and of transmission and distribution sys¬
tems and for their financing.
This is contingent upon a commitment
on
the part of Chile to provide the necessary foreign
exchange .'for
remittance of earnings.
Until-such an arrangement is agreed upon,
it will be impossible to arrange the financing of the U, S, dollar
requirements.
:
of
11,000
taxes
taxes)—*
Federal
COMPARATIVE
Total
14,434,28$
$528,895
3,050,334
_
81,457
13,907,311
;—
—
_
$17,094,597 $17,567,998
expenditures have already been made and the company's
subsidiaries have no commitments for any major developments
1949.
On May 2,
order
1949, the Securities and Exchange Commission issued Its
vacating its order of Nov. 19; 1947 approving the amended plan
pay. for securs. purch.—not receivedcurrent payables and accruals——.—
Amount
Other
On the same day, the Commission issued an order
to Section 11(b)(2) of the Public Utility Holding Company
directing Bond and Share and Foreign Power to take appropriate
steps to reorganize the latter company on the basis that the company
pursuant
Act
LIABILITIES—
•Net assets
$643,262
* 13,282
$6,669
applicable to outstanding cap.
shs.
16,438,053
17,542,716
18,613
———$17,094,597 $17,567,998
•Equal to $16.77 per share on 979,900 shares at June 30,
to $17.79 per share on 985,700 shares qt Dec, 31, 1948.
will
have
outstanding
only
a
single
class
of
capital- stock,
namely
St Louis Listed and Unlisted Securities
1949 and
NOTES—During the six months ended June 30, 1949 the corporation
acquired 5,800 shares of its own stock at an average cost of $12.27
per
Edward D. Jones & Co.
Established 1871
share.
for Federal Income tax on net income
for the six months ended June 30, 1949, since the corporation has
elected to be taxed as a "regulated investment company" and pres¬
ently intends to distribute during1, the year substantially all such- net
income.
Provision made for Federal income tax in the first three
quarters of 1948 was materially reduced as at -Dec. 31, 1948 in contem¬
plation of such election,—-V. 169, p. 1877. r-(4No
income
Net
.
$952,948
131,417
8,760
.
1948
$977,056
——
—
Taxes
tNet
60,017
pian
son,
56
$0.41
/
$425,839
(incl.
than
Total
Operating
60,017
607,985
529,983.
assume
American Business Shares, Inc.—Earnings—
Dividends
70,579
.
of reorganization.
;
the
Pennsylvania RR. Company and
obligation ad liability, jointly
and severally, as guarantors, in respect of the payment of the prin¬
cipal, interest, and sinking fund instalments on the bonds.—V. 170,
P. 193.
" ■
;.
;
■
r/
Baltimore
Cr373
639,75.1
'501,023
659,056
American & Fareign Power Co., Inc. — Units Halt
Construction Program in Latin America—W. S. Robert¬
.56
$55,260
income
Expenses
30,
Authority also
22,089,165
1,902,395
1,727,037
47,029
.36,697
39,344 ",
43,178
,
,
to divest itself of its investment in AWantic City
subsidiary not retainable under the Public Utility
Company Act of 1935.—V. 170, p. 101.
$135,746
Amount
the
23,255,008
.408,930
1,318,107
NOTE—American Gas & Electric
Co.,
$157,962
investments)
The ICC July 20 authorized the company to issue not exceeding
$2,000,000 first mortgage 4y2% bonds, series A, to be sold "at 98.10 and
Interest and the proceeds used to reimburse its treasury, in part, for
expenditures made and to be made in connection with the construction
5,600,424
16,488,740
;
V' ■: •
1,822,561
79,834
i.
Deductions the revenue and expenses of the transportation, gas
water properties that were sold in 1948 or will be disposed of at
early date.
-V
;
its
$198,486
Six Months Ended June 30—
Total
Net
Co.—Bonds Authorized
12,672,349,
-
enue
"
Akron Union Passenger Depot
16,582.659
•
deducs.^-,
system
•Restated
American International Corp.—Earnings-
^
1949, at 110 and dividends.
At Dec. 31, last, 777.9 shares
were
outstanding, the company having purchased 7,035.7 shares on
Sept, 14, 1948.—V. 169, p. 797.
,
r
:
>>•>;
t />' ;>>
5,600,424
Elec.
authorities for
other
'Sept.
10,582,659-
2Oj450,711
14,850,287
for common stock..
preferred dividend requirements, and based on 416,235 shares
stock in 1949 and 559,197 shares of common stock in 1948.
Plans to Redeem
Ernest E. Swaritswelter, President, announces that this company will
Shortly eliminate the list of its 5% preferred stock, par $100. The
remaining 717 shares of this issue will be called for redemption as of
& misceL
Consol.
common
Provision
(
consol.
Earns, per com.
accessory
Aetna-Standard Engineering Co.
"Last of 5% Preferred Stock—
" 408,930
-
inc.
net
income tax__
Divids. on pfd. stocks.
1949—6 Mos.—1948
1949—3 Mos.—1948
tAfter all charges and Federal income taxes.—V. 170, p. 297.
stocks
22,235,701
11,653,042
stocks.
com.
..
1,870,357
Fed,
•
Redemptions
1949.———
(& Subs.)—Earnings—
—
per com.
•After
of
stocks 26.39%.
;
The report stated, "In view of the evidence of great improvement
in operations and earnings of the airlines, the management has .in--.
creased substantially the proportion of airline stocks during the past
six months with a corresponding reduction in the holdings of aircraft*
accessory stocks."—V. 169, p. 1557.
38.15%,
.
company
total net assets of this
$1,120,931. Net assets per share
on Dec. 31, 1948.
^
June
on
1,659,930
1,251,000
>
A.
Total' ^....^..—.1-
hopeful
Period End. June 30-—
stocks, with
percentage distribution valued at market quotations on June 30, 1049,
Over
,
business
of
investment
$4.38 as
were
*
close
the
At
47,796
v
557,328
and
American Ice Co.
*
2,982,318
of parent company
Int.
an
U. S. Savings Bond Sales and
Aeronautical Securities, Inc.—Semi-Annual Report—
99,883
3,164671
Expenses and taxes
Offerings—
——50.
Clearings^————43
Federal Reserve June Business Index—
sales,
60,304
264,286
JAQ
259,713
—.
Undistributed, net
inc.
of subs, consolidated-
44
Foreign Exchange Rates—
.'1
——-44
Combined Condition Statement of Federal
Reserve Banks——————44
Condition Statement of Member Banks of
Federal Reserve System....———
44
recently an¬
nounced the appointment of Farrar-Brown df Portland, Me., as exclu¬
sive distributors of Admiral Electric Rangers, Refrigerators,
Radios,
Phonographs, and Television sets for the Portland, Me., area.
Farrar-Brown today has branches in six cities throughout the State
of ^aine.—v. 170, p. 297.
7='. >■;*
"■>;
W.
,
169,
535,266
0138,887
Co. & Subs. Consv—
Redemption Calls and Sinking Fund Notices_44
1948 in contemplation of
at Dec. 31,
as
on
299,243
,
485,711
0470,699
.
-
com.
by
Co.)
American Gas &
Dividends Declared and Payable
Corp.—Appoints New Maine Distributor—
Admiral
•
•V.,/;
E.
299,243.
: 58,951
Cr23,075
1,822,561
for
(owned
'Of subs,
State and City Bond
The Course of Bank
No provision has been made for Federal income tax on net income
lor the six months ended June 30, 1949 since the company has elected
to be taxed as a "regulated investment company" and presently intends to distribute during the year substantially all such net income.
Provision made for Federal income tax in the first three quarters of
i
/
32,172,740
7,486,762
-
General Corporation & Investment News..Cover
the six months ended June 30, 1949 the company
acquired 21,900 shares of its own stock at an average cost of $18.64
NOTES—During
share.
■
earned
a
Divids.
Miscellaneous Features
*Equal to $25.29 per share on 1,393,300 shares at June 30, 1949 and
to $27.02 per share on 1,415,200 shares at Dec. 31, 1948.
per
'
:
*
34,355,306
8,540,796"
24,937
24,937
32,016
Cr63,522
pfd. stks.i...)
Undistributed
'
'
on
stks.
-
(Dow-Jones)
34
National Quotation Industrial Stock Averages.* 37
-
698,735
O
Divids.
Stock an(J Bond Averages
-■
2,744,068
706,988
t.oyac
Angeles Stock Exchange————————35;
Philadelphia-Baltimore Stock Exchange
36
Pittsburgh Stock Exchange....——.——36
St. Louis Stock Exchange..-..——.———36
San Francisco Stock Exchange
* 37
Montreal Stock Exchange.—i—.i———38
Montreal Curb Exchange—--————38
Toronto Stock Exchange——
—39
Toronto Stock Exchange—Curb Section
41
Over-the-Counter Markets——;
42
Transactions New York Stock Exchange.—.34
Transactions New: York Curb Exchange—i—24
30/49 Dec. 31/48
$1,039,200
$915,092
4,412,371,
5,853,441
65,900
i
103,983
88,905
30,827,622. 31,532,912
—
-—
—
TJ. S.
charged to constr..
Special chgs. in lieu of
Int.
Los
June
ASSETS^—
261,885
1,009,119
on;
.
$415,074
369,297
23,823
1,280,934
2,832,900
long-term debt.
of elec. plant
acquisition adjust. /.»•;>
Other int. & deducs....
Detroit Stock Exchange———————————35
$753,114
——
30,901,736
10,163
141,651
Amortiz.
Cleveland Stock Exchange—————————33
:—...
__—Z
Int.
34
Cincinnati Stock Exchange—
50,000
33,050,549
94,686
Gross income
34
I*
2,592,254
Other income
__29
Chicago Stock Exchange————..34
loss
or
investments)
(Stocks)———13
Stock Exchange (Bonds)
24
Boston Stock Exchange———.—
.-
tax—
V-wjj)
11,574,287 150,758,138 133,096,358
7,968,017 103,655,800- 89,773,978
1,014,016
14,051,789
12,420,644
Operating income
2,736,480
Transp., gas & water;
net v__^ 1,734
Page
.
1949—12 Mos,—*1948
.
$
...
i
New York Curb Exchange..
$665,469
145,373
29,000
—_
for
on -
New York
1947
y
^
"
116,515
income
'
$725,800
$869,629
and
taxes)
Provision
Net
Quotations
Netf York Stock Exchange
Provision
Dividends
Stock and Bond
$1.73
...
,
1949
r
——,
Expenses ( inch int.
than
^
~
revenues—-
expenses,
Federal income
1,986,648 shares now outstanding, —V. 169, p. 2093.
'Adams Express Co.—Earnings—
^
$2,398,528
$1,286,848
$0.65
$1,111,680
$0.55
.
share-
per
*On basis of
"
$
'
Oper.
:
1949—Month—*1948
Subsidiaries Consolidated—'!'
In This Issae*
5,551,613
taxes
,
American Gas & Electric Co. (& Subs.)—-Earnings—
1
'
1,793,032
income
INSURANCE
-
1949—6 Mos.—1948
$14,078,176 $14,572,476 $28,650,652 $29,613,548
—
Operating
;
1949—3 Mos.—1948
Period End. June 30—
.
Copy
a
Corporation and Investment News
PUBLIC UTILITY
-
Price 75 Cents
York, N. Y., Monday, August 1, 1949
provision has been made
_
..
300 North 4th St., St. Louis 2, Missouri
Members
New York Stock Exchange
St. Louis Stock Exchange
Chicago 8tock Exch.
New York Curb
Chicago Bd. of Trade *
Exchange Associate
Phont
CEntral 7600
Bell Teletype
8L
593
2
(394)
THE
stock,
common
such amount of debt securities* as will under
existing meet the standards of the Act.
and
circumstances
then
INCOME
CONSOLIDATED
Subsidiaries—
Operating revenues
incl.
exps.,
Prop,
retir.
approp.
22,703,023
6,478,046
Rent for lease
Other
v? 4,117
F:423
Other
tOther
20,542,544
—
income
Total
23,168,347
1,084,012
Interest
to
other
public
deducts,
5,570,975
.
24,775,600
Net
income
to
min,
385,440
480,691
1,636,980
1—
6,414,180
5.090,284
23,138,620
19,490,469
public-
477,557
493,462
1,974,692
2,034,686
5,936,623
4,596,822
21,163,928
♦Cons,
2,101,825
17,455,783
-
divs.
to
312,850,909
63,251,260
53,366,325
1,427,254
int.
Applic.—A.T.&T. stk.
and
earns,
♦Based
Balance
♦Pfd.
84,412,564
21,161,304
80,240,984
26,874,659
-
212,987,234
$15,099,775,
on
portionate
other
in
net
earnings
He
share
a
tens
ter
at
at
Mr.
the
of
dropped
Grace,
end
of
said
16.2%
to
that
on
since
the
earnings
219,?
$303,167,479 W
and
I^YYYv
the
and
tons,
the
quarter
3,348,000
first
quar¬
represented
but
sales
on
laVfc
$216,000,000.
sales
on
7.6%
of'the
against
booked in
quarter
first
9.1%
investment and
close
average about
of operations Tater.'
rate
Orders
second
in
the
would
the
2,382,000
the
investment
on
12.4%
quarter.
in
$351,475
Y'V'Y'/
to
as
quarter.
in
shares
were
averaged 100.5% of rated
said, but the decline in new-
86%
to
totaled
first
quarter
operations
guess
June
the
of
year
AY '■
down
to
8,954,982
this
quarter
Chairman,
August
refused
on
of
first
the
.*"■?
"
second
operations
end
quarter
for
the
$314,000,000 and
Grace
return
G.
but
the
totaled
for
based
,...
.
second
estimated
capacity,
.Orders
that
during
this
a
rati®
the second
:
The company spent
$11,489,000 on construction in the quarter ended
30, compared with $12,887,000 in the first three
months.
In life
quarter an
additional $23,487,000 worth of new
Western
of
the
Eugene
carried
quarter.
of
outstanding,
tlncludes pro¬
Electric Co. and all
shares
of
number
average
interest
subsidiaries
pn
9,582,942 shares outstanding after
treasury stock in January of this year)
or S3.29 a share, for the first
quarter
1948.-'
for
production
capacity,
199,132,522'
$9.23
206,663,583
$8.89
61,601,106
•
$2.77
51,939,071
$2.20
sh.
per
of
$1.50
or
of
quarter
Steel
204,616,317
5,483,795 %
6,323,651
1,650,154;
•.
(based
with $33,129,574,
compared with $363,513,556
the second quarter of 1948.
279,449,498
74.833,181
99,863,675
shaie
a
627,960 shares
Net-billings
217,693,028
61,756,470
21,592,294
(net)—
of
and
second
181,090,120
253,110,818
59,740,091
deductions
Applic.
6,799,620
205,179,954
65,195,611
19,216,953
(net)
$2.62
compares
,.
'20,508,282
1,607,253
47,981,576
65,734,295
14,506,689
Income
Interest
269,692
56,166,153
income
sale
business
34,262
37,608
5,301,283
6,473,929
325,691
(net)
X
taxes..
oper.
to
the
and
income.
©per,
Net
of plants
(net)
income
Monday, August 1, 1943
lent
$
revenues.
6,776,128
23,205,955
5,301,706
REPORT*
$
expenses.
Fed.
86,430,066
! 7,672,834
:
$
S
709,568,230 645,111,420 2,728,678,720 2,428,005,199
562,741,861 505,498,319.2,173,721,711 1,943,771,390
taxes..
24,925,921
26,435,914
96,666,237*
85,450,661
Operating
96,068,298
1,758,220
CHRONICLE
1949—12 Mos.—1948
1949—3 Mos.—1948
31—
Y
,'V:
Operating
$
•
29,762,949 126,947,087 113,748,738
32,601,195
24,043,284
2,079,865
taxes.
res.
Period End. May
Y.V.;
FINANCIAL
&
CONSOLIDATED EARNINGS
SYSTEM
BELL
the
,
$
$
$
"
1949—12 Mos.—1948
1949—3 Mos,—1948
Period End. Mar. 31—
Oper.
ACCOUNT
COMMERCIAL
June
(partly estimated).
second
Stock Exchange of Unsubscribed Deben¬
OMOOO
consolidated
not
construction
Offering
18,842
Cr93,512
12,597
73,856
5,917,781
applic.
nority
Net
equity -in
American
&
1
equity
For.
895,427
income
4,394,013
Amer.
Inc.
6,732
to
4,400,745
20,369,393
&
2,838,799
1st
4,949,499
.3,762,111
17,530,594
872,799
871,188
3,492,723
14,037,871
pfd.
Other
from
$16.21
$12.23
"
.
$4.71
•
$2,775,619
14,099,767
and
and
other
and
680,731
requirements
$920,633
applicable
unearned.
or
to
*
the
Sales, rentals & royalties
Dividends
respective
Earned
stock—'
153,000
in
stock.—.
share——_
common
common
per
Equity
to
undistributed
inc.
net
•Reflects
at
main
curtailment
AMF's
have
of
Net
\
plants
also
May
•
and
June
to
strike
/'
;
directors
the
to
This
is
'
2525/
p.
stock,
the
at
July 26
on
common
declared
rate
same
paid
as
week ended
the
kwh.,
12.45%,
or
in
20
cents
of
record
preceding
share
per
the
YX;
roy
Telephones in service in
the
the
second
totals
r
Bell
quarter
over
$1,300,000,000 there
telephone service.
waiting-for
still about
are
8ome $500,000,000 of new capital has been raised
■since the beginning of the year.- The greater
a
million
people
by the Bell System
the
second
to American
cessful
close
scribed.
quarter,
when
Telephone
in
June
These
&
the
10-year
convertible
debenture
telegraph Co. stockholders
with
more
debentures
will
than
be
$385,000,000
convertible
-to
came
of
into
the
stock
to
issued
be
debentures
will
upon
be
conversion.
convertible
at
On
$140
debentures
capital
per
is
See
be made.
OF
AMERICAN
Period End. June 30—
$
Operating
Operating
revenues—
55,630,000
expenses—
on
income
operating
taxes.
41,750,000
3,860,000
3,380,000
income
6,640,000
Federal taxes
Other
operating
Dividend
income
Interest
Other
56,820,000
income
income
&
*1949—3 Mos.—1948
..
Net
TELEPHONE
3,590,000
(net)—
70,000
$
Under
of
V.
Apex
of
210,000
Total
income
___
Income
w
Dividends
fEarnings
54,390,000
53,250,000
„
per
67,120,000
12,730,000
share__„
$2.30
CO.
34,070 068
168,185!577
16,928 507
11949—6 Mos.—1948
$6,157,055 $16,108,633
52,293,630 214,850,000 176,635,475
50,507,879 210,020,000 195,333,193
$9.21
$8.14
•Figures for June,
ber
of
tionate
shares
1949, partly estimated.
tBased on average num¬
outstanding.
JDoes not Include the company's propor¬
interest in undistributed
earnings of subsidiary companies."
30
cents
hour
an
fact-finding
for
board
"out
were
of
the
mean
would
for
the
increase
an
Grace
touch
off
of
$lo
to
S*2
a
said.
inflationary forces which
country.
CONSOLIDATED
INCOME
ACCOUNT
1949—3 Mos.—1948
1949—6 Mos.—1948
4%
the
"This
new
a
3,889,372
$2,98
000,000,7
another
is
of
the
steel
largest
Valley
in
consist
ingots
per
single
several
.
inc.
depend
construction
225-ton
economic
upon
Armco
new
the
plant
will
construction
p.
:
.
its
-/
*
-
'
-*•
be
require
of
delphia,
p.
in
the
to
at
15,
to
a
share,
of
filed
its
called
first
compared
1948.
booklet
Bank,
Sept.
1963,
Payment
trustee,
for
six
a
registration
capital stock
redemption
months
with
Second
income
170,
on
will
be
1959.
for
Banking
-V
'■
of
this year
30
1949
the
same
June
1943
Wus
1949—6 Mos.—1943
*$692,507
$4,577,004 *$1,351,224
274,000 Crl.716,000
Crl,230,000
Crl,798,000
$1,718,378
536,000
-
Nil
be
and
V'
••
v
were
of' such
Revaluation
of this
amount
of
basis
$0.82
metal
inven¬
inventories
30,
current
to
at June
reserve
1949,
to
as
revenues
'" 1949—3 Mos.—1948
_L__
5,197,573
893,461
-'m
484,215
depreciation
taxes
1,081,433
630,400
income.
$1,482,244
income
1949—6 Mos.—2948
$9,144,414 $21,258,197 $19,526,68?
5,975,437
12,068,319
14,286,521
688,852
1,608,140
1,450,-44')
456,496
963,611
1,029,438
2,226,063
2,132,77(4
52,200
1,362,100
52,200
$9,769,326
expenses,.
taxes
Federal
inc.
497
1,546
$3,029,964
1,526
3,h93!
$1,481,747
$940,445
366,097
$3,028,438
782,633
$301,911
726 397
$574,348
$0.77
$2,245,805
$3.01
$73,514
(Dr)._
(net)
^
incomes
Gross
Income deductions
$941,991
,
391,567
*
♦Base.d on 745,364 shares
NOTE—Operating
the
p.
:
SEC
528.
Redempt.
100
at
1948; for the
and $2,037,000.
for
and
Trusts,
v
the
Phila¬
'J
-
$59,870,000,
or
the
for
three
months
six
the
reflect
months
respective
rate in¬
1649 end
amounts are
:
Increases Dividend—
The directors on July 27 declared a dividend of 40 cents per shar^
payable Sept. 1, 1949, to stockholders of record Aug. 8, 1949
Two
dividends
of 25
cents
each per
share were paid on June 1 and
March 25, this year.
The previous payment was made on Aug. 1, 1$47.
"Estimated
earnings on
an
annual basis," declared t Clifford. E.
Paige, Chairman, "are not yet sufficient to provide the return jr.eces-»
sary
to
attract
additional money for expansion and still greater
service of the company's customers and the community."
"
i
The stockholders were told in a letter announcing the dividend tnat
six months' net income figures should not be taken as an incUca+ici*
of the rate of earnings for the full year of 1949 because a seasonal
dip in the company's earnings usually takes place in the late summer
.
and
early fall months.
.'
Preparations for the receipt of natural gas which is expected
Fall of 1950 are "under way.
It is estimated that there
(formerly
at
issued and outstanding.
revenues
in the approximate amounts of $2,128,000 for
date
to
$4^647,000
•
169,
165,
$1,090,180
inepme
♦Earnings per share
The
made
;
Nil
-
value
price
for
Net
bonds
market
$615,224
$5,000,-
at
next,
$0.42
in
$1,631,004
quarter $2,670,332
second
in
Maintenance
Prov.
refunded.
a
with
$418,507
decline
+For
inventories.
Operating
$30,599,106, qr $3.05 a share, for: the
earnings were $26,749,029, equiva¬
quarter
■'»
Its
Ga.—V.]
par).—V.
1,
,c
1
Subsidiaries)
1949—3 Mos.—1948
share.
com.
zinc
General
outstanding
made
Atlanta,
Oct.
i''
.,l
i
with $13,769,421 for
the six months of
Unconsolidated
reserve.
^Including
Operating
next, $68,000
the sinking fund,
statement
($5
for
$3,516,378
chgs.—
income.
Operating
1,
at
(
902.
p.
—
pe?
creases
on
'<■
Brooklyn Union Gas. Co.—Earnings-
History—The largest earnings for any six
months in its history was reported by the
corporation,
the country's second largest steel
producer, at the quar¬
terly meeting of directors July 28.
half
illustrated
Stampings."—V
compared to $2,755,000 at Dec. 31, 1948.
Each change
of one cent per pound on copper up or dowp baaed
the company's current inventories in excess of basis stocks amounts
approximately $200,000; a similar change in price of zinc amounts
approximately $100,000 for each cent per pound change in pi nf. u;*
down.—V. 169, p. 2311.
*
<
~
on
$1,800,000,
two
par,
%
compared
as
Premium
169,
from
market
of
the
of about $4,000,000 in connection
equipment incident to the use of
expenditures
and
Bethlehem Steel Corp.—First Half
Earnings Largest in
$5.91
$17,302,074
year.
$1,525,000,
other
2206.'
,
Gross
operating
Gross
to
•'-•:■ '• XX'"'
$4,833,307 $4,258,557
for the month of
revenues
1949—12 Mos.—1940
$9,528,917 $8,285,052
June 1949 amounted
increase of 9.70% over those of June 1948.
Kilcwatt-hour
sales
to
residential
customers
during
the
months
previous
of
revs.__
operating
$787,910,
en
an
ending
period,
..vorono
June
and
oncf
nt
1949,
averaged
30,
1
Ki9
increased 27.39% over
4,475.99 kilowatt-hours
cpnfs
.■
Co.—Gross Higher—
1949—6 Mos.—1948
Period End. June 30—
*
.
.here In
with the pipe-laying;
natural gas.
V
160.
;•'yv^-'X.•
California Oregon Power
Company's
first
and
established prices below cost or market a fixed portion of the,
at
company's present capital and
capital funds in excess of' $60,-
and interest.
National
of
'V*.
I
market values reduced the
2746.
Pennsylvania Company
Pa.—V. 168, p. 146.
the
24-page
new
decline in market value of basic metal inventories in which it maintains
and
;
the
the
Earnings for
'•*'.)*
1
Period End. June 30—
interest, $53,000 of first mortgage sinking fund 5%
6VzS), due Oct. 1, 1954, as extended. Payment will
office
a
"Forgings
losses on metal satea
and from inventory write-down ($3,900,332 in first half of 1949). :
NOTE—The company has a
reserve created for protection against
"The
acquisition of this new capital is
the steady, normal growth that the company
101(4
shares
!
loss
♦Net
said.;
169,
July 22
been
issued
entitled
tax.es____
tories.-
months.
15
Bethlehem Foundry & Machine Co.—Partial
There have
Corp.-—Issues Booklet—
just
has
inc.
Other
purchased
was
Investment
step in
company-
7$3.0fr
after
Earns,
....
covering 750,000
+$5.91
loss
Net
Axe-Houghton Fund B, Inc.—Registers With SEC—
The
' t$1.50
products,
*•»''
last
+Transfer
r
which
has called fcr redemption
mortgage bonds, 3% series due
2414.
'+$2.62
(Excluding
project
conditions
annual sinking fund of
together with
Southern
30,599,ICS
sh.
Bridgeport Brass Co.—Earnings—
>?..* *
started immediately
will
company
&
59,878,603
$3,672,586.—V.
open
Atlanta Gas Light Co.- -Partial Redemption—
first
15,099,775
common
$1,240,000
its
20,74.0,000
26,749,029
corporation
amounted
to
an
loan
Morris
51,339,-106
43,000,000
year
■'*•■'-Y
Associates
Mr.
102,878,603
9,510,000
period—
for
per
period
years.
three
of
1, 1953.
forward
24,609,775
19,200,000
Written—
Combined insurance written for the six months ended
hearth
design together with several miles of railroad
tension lines and other equipment necessary
for
has experienced."—V;
45,949,029
surance
steel
$12,000,000
new
tons
will
that
money,
gives
taxes
based
Fed.
interest rate and is due June
new
inc.
taxes
Boston Mutual Life Insurance Co.—Gain Shown in In¬
$12,024,402
3,909,300
$4.11
1
>
453,900
63,778,498 262,670,000 219,638,052
11,484,868
47,820,000
43,002,577
$2.33
of
Murray,
P. 2.
P.
Interest deductions
to
opti¬
its
XY
redemption price of
will
57,177,861 223,360,000 219,196 335
39,779,723 167,720,000 153,897,093
5,840,000
16,080,000
20,329 000
2,862,867
13,030,000
10 90o'l74
47,953
ruinous
before
describing
pf
subordinated
notes ; totaling
$15,000,000
were
were a $10,000,000 junior note due June 15,
1953, and
10-year subordinated note to mature Jan. 1. 1958.' "
The
*1949—12 Mos.—1948
$
YY
$ •
8,695,271
26,530,000
50,326,503 221,690,000
4,708,771
14,240,000
be
would
rise
a
Period End. June 30—
of
wilt
the
of
estimated
a
surplus,
of
Applications
TELEGRAPH
cents
Bingham-Ilerbrand
said.
Hook
terms provide
sub¬
applications
"not
deducting quarterly dividends on the preferred stock.
tBased
9,582,942 shares, number outstanding after sale of 627,960 shares';
treasury stock in January, 1949.
fBased on 8,954,982 shares. 169, p. 1879.
on
General Telephone Corp. below.—v. 169, p. 2310.
bears
000
'.yv-:;
EARNINGS
_
report.
other
business
was
♦After
AssociatesInvestmentCo.—Private Loan—The company
has completed negotiations with 3 insurance
companies
for a hew subordinated loan of
$22,500,000, E. M. Morris,
Chairman of the board, announced
July 29. The loan,
Citizens
and
producing steel," Mr.
♦Earns,
or
Jupe 2Q
11951,?■
share by surrender of
earnings
increases
this
he
-
$12,000,000 Plant—
Miami
expansion
169, p. 2634.
are
additional
said
Truman's
Philip
30
for
Net
after
and
by
of
tNet
plant
latest
it
of
for
said,
he
manufacture
issues
sue-1
stock
increase
an
President
27
of
income___________
qn
years.
lines, high
the plant.
Mr.
$100 debenture and payment of $40 in cash for each share of
stock
Increases in telephone rates
totaling about $73 million on an annuai
basis have been granted since the end of
the first quarter but
only
part of this amount is reflected in the
pending
the
and
one
now
the
They
offer
a
company beginning Sept. 1, 1949.
From that date until June 20,1
1951, they will be convertible at $130 per share, payable
by surrender
one $100
debenture, plus payment of $30 in cash, for each share
the
of
pipe
operate
^
of
of
for
,
This
the
to begin Oct.
part of this was obtained
in
July
that such
well
expected
;
cost
added
Net
Co.—Earnings—Le-
almost
months of
12
"
he
Grace
the
Prov.
Associated Telephone Co.* Ltd.—Pjrgposed Expansion—
System increased by about 470 000
of 1949.
The gain since the beginning of the
1,100,000 and the System is now serving
nearly'
32,500,000 telephones. New demand remains substantially
greater than
in any prewar year, although it is below the
peak levels reached soon
after the war, and despite construction expenditures
during the past
In
year
market,
export
these
3,909,300
3,889,372
;
$1.92 1;
$1.53
400,000
men.
in
steel
Construction
July 6, said in part—
on
new
*
& Telegraph
A. Wilson, President,
started
—V.
.
Amerioan Telephone
previous
additional
future,"
Co.—Weekly Input—
•
the
of
as
$7,703,772
construction
"Further
1949, the System inputs of subsidiaries*
25G,525,000 kwh., an increase of 28,403,000 *
corresponding week of last year.—V. 170
p. 298.
to
Period End. June 30—
(& Subs.)—Earnings—
$hare_
produce
be
to
•
July 21,
over
of
can
tracks,
Aug. 31.
quarters.—V.
169,
>,■
of this company amounted to
those
furnaces
of
holders
to
>
American Power & Light
For
dividend
10
such
11949—3 Mos.—1948
—
com.
This
a
payable Sept.
for
industry
;
making plant
has been
authorized
by the board of directors, Chares R. Hook, Chairman,
announced on July
27.
It will be built Just south of Armco's bigEast
Works
plant
at Mlddletown, Ohio.
It was stated that when
the- plant starts operation it will provide employment for more than
500
expanded.
•
The
_2—
per
which
$27,000
due
com¬
'
To Construct New
Declares Usual Dividend—
on
elimination
agreements
shs., outstadg.
Immediate
Y;
the
'
on
with
$0.62
in
with
compared
present
In
virtual
$626,000
$153,000
30,
At
year.
outlook.
demands
presented
as
Mr.
increase
would
;
$227,000
prospects,
immediate
that
-
Charges and income taxes.
tCharles R) Hook, Chairman,
July 25 announced that due to the incrfeasing difficulty of
1948
1947
y
obtaining dollar exchange for foreign currencies lor the purpose of
$13,639,000 $12,516,000
('remitting dividends, earnings of all Armco-owned foreign subsidiaries
1,052,000
782,000 <:
(With the exception of Canadian, have been excluded from the above
156,000
'156,000 '
/1949 results.
For this reason 1949 earnings are not fully comparable
$0.89
business
the
steel
in
He
;
♦After
Chairman of the Board, said operations at
Buffalo, N. Y., Glen Rock, Pa. and other locations
in
profit
Earns,
Patterson,
been
J.
•-
shipments
"An
been
Armco Steel Corp.
Subs.)—Earnings
$896,000
plant.
Morehead
-
N,
the
Common
$0.19
of
has
Period End. June 30—
t
$139,000
affiliate International Cigar Ma¬
chinery Co., not included above..
;
added
The
periods
...
$9,218,000
*
342,000
—.
Andrews
developed
'
*1949-.
.
income
preferred
on
income
about
the
ton
said
sharply.
about
workers,
for
*
products, yltbin certain countries.—V. 170, p. 298.
•
Net
He
steel
'
i
.■
H.
of
cause
$7,373,793
'
!
6 Months Ended June 30—
net
for
New
the
on
3,512,139
$8,451,287
,
'
.
3,492,723
American Machine & Foundry Co. (&
Consolidated
2,580,041
t
871,933
$1,222,517
2309.
p.
the
for
accounted
bonds .traded
of
has
872,799
surplus
earned
169,
2,838,799
debt
dividend
whether
638,634
'I
expense
Balance
•Full
of
debenture
Mr.
Frantz
said
the
contracts
will
permit
production
of
Apex
wringer and automatic type washing machines, vacuum cleaners, dish¬
washers and other products for the Canadian market.
Certain parts
will be supplied by Apex as required.
Mr. Frantz also stressed the limitations most foreign nations have
placed on the Importation of products made in the United States. Be¬
$2,431,200 $14,782,809 $13,465,973
inter-co.)
amortiz.
disct.
1949—12 Mos.—1948
$14,775,429 $13,365,735
6,732
7,380
100,238
chgs.,
taxes
(incl
Stock
price
record
3'/bG
high
new
The
off
Asked
mistic"
C, G. Frantz, President, announces that this
company has granted
manufacturing rights to two Canadian firms, J. H. Connor & Son,
Ltd., of Ottawa, and Rogers Majestic, Ltd., Toronto.
" $2,424,468
$2,776,047
includ.
a
110,
$11,810,000 total for all
Exchange.—V. 170, p. 298.
June
on
the
business
J,oliar shortage, Mr. Grace
F
fall
opening
Apex Electrical Manufacturing Co,—Grants Mfg. Rts.
f
(COMPANY ONLY)
428
Total
Exps.
'
1949—3 Mos.—1948
subsids.—
income
Interest
and
at
the
Trenton,
on
shs.__
Period End. Mar. 31—
Income
point
closed
at the
hands
of
employees, Mr. Grace said
represented 19.3%
of bookings in the second
qmtrcompared with 9.3% in the first Quarter.
Because of the growiusj
ter,
$9,026,500
employees
months
141,300
Export
unsubscribed
gone
three
has
pany
program to *91,-
Net
billings
1942, however, ' when the Government requi¬
351,475,219 303,167,479 714,988,775 598,744,(25
sitioned
all
elastic
Total inc. before followyarn
stocks, Filatex sold its plant and placed
the
machinery in
storage
for
the duration.
Production
was
re¬
lowing deductions—*
55,738,956
31,911,747 122,304,384
66,119,109
sumed In the spring of 1948.—V. 169, p. 2206.
Int. and other chgs
'
1,264,273
943,839
%
2,521,268
1,932,405
Depletion and deprec—
8,525,654
6,358,133
16,904,513
12,847,538
10,596,768
$3.34
at
3,502,999
2,890,923
STATEMENT OF INCOME
,
bonds
the
of
had
that
changed
$5,552,000
of
all
half
a
offering
appointed Manager of the sales divithe Fllatex Corp,, a wholly owned subsidiary.
He will con¬
tinue as Manager of the parent firm's "Vinyon" sales division.
*
f
Filatex Corp. was organized in
1936 by the Sylvania Industrial
Corp. and acquired by Avisco in September, 1946, in its merger with
Sylvania.
Before the war Filatex was manufactured at its own plant
2,580,041
exp,_
share
per
comb.
block
A
and
hour
an
$394,372,000
.
one-halt
up
of
Thomas
X;'<X
Balance
Earnings
V*.
The
slon
16,679,808
638,634
4,076,700
disct.
JcwC?rn?!n^'1^ 142,890
In the first
142,527
reached
American Viscose Corp.—New Sales Head of Unit-
•
100,238
public & amortiz.
debt
—V.
'
680,731
Bal. applic. to .interest
and other deducts..
of
16,579,570
20,362,013
7,380
5,630,230
—
■
22
July
on
bringing the company's construction
question."
4,394,013
chgs.,
including taxes
:
Exchange
15,
in
Total
Int.
110
York
428
other
Jan.
within
this
of
stockholders.
at
&
since
sold
it
$9,419,500
Co.
and
that
debentures
issue.
income
Exps.
said
16,579,570
20,362,013
Stock
York
New
1948.
This was primarily the result
by the company, through members of various exchanges, of
unsubscribed
debentures
of
itr,
new
convertible 3>/8S.
Company
by
5,629,802
the
on
total
sale
the
802,357
jftiX. -'X*
5,629,802
Other
of
Inc.—
of
Pwr.
190,212
17,381,927
largest
Foreign
Power Co.
ret
287,979
-
subsidiaries
of
21,257,440
mi¬
to
interests
4,584,225
Heavy Demand—
Transactions
the
Portion
on
tures Meets
Exchange adjustments
on
working capital-
iipr
kilnwatt-hOur.
V.
^
twelve
those
ins
per customer^
169.
P.
2717,
Volume 170
Number 4825
THE
Carriers & General Corp.—Semi-Annual Report—
'-.Net
,
cash
exclusive
income,
i
of
security profits
and
losses,
was
period ended June 30, 1949 in com- '
COMMERCIAL
&
FINANCIAL
City Products Corp.—Earnings—
Net income after all
Earnings per
1949
charges and income taxes—
its
$1.74
$1.64
net
compared with $9.74
as
Dec.
on
William J.
Slnek, President, attributed
in
earnings
the
to
decline in gross sales to less
appliances. He accredited the improvement
a
company's
aggressive diversification
greater efficiency in operation.—V: 170, p. 300.
.1
......
31, 1948.
policy
The
In
connection
for
program
business
and
require
Clinton Industries Inc.—Unit Expands—
,
the
general
of
sale
funds
Columbia
be
assets
net
the
to
of
Dec.
on
as
a
percent-age
Utilities 12.69 %y
6.56%
June
on
assets
The
of
net
increased
t
at
assets,
C.
74.64% y.of
1950
with
is
economic
financing
of
the
of
construction
conditions
GIVING
retail
debentures
$1,000
per
unamortized
debenture
outstanding
financing
30,
June
on
amounted
costs,
to
1776.v?t''l-
p.
operations
Period End. June 30—
-
1949—Month—1948
Sales
(
share—;
Sales
after
and
chgs.
Earnings
f
share—
per
•After
reflect
the
recent
reflect
ended
May
the
Federal
for the
effect
of
1948.—V.
12,
income
two-for-one
NOTE—Operations
1948,
1,841,071
$2.25...
charges and
split-up of the
strike
170,
194.
p.
Coast
Counties
§ Adjusted
:
-
Francisco,
Francisco,
the
and
. Central
Electric & Gas Co. — Stock Offered—Public
offering of 132,874 additional shares of common stock at
$7,625 per share was made July 29 by an investment
banking group jointly headed by Paine, Webber, Jackson & Curtis and Stone & Webster Securities
Corp. The
current financing will increase the number of outstand¬
ing shares of the company to 1,125,000 shares.
proceeds from
the
sale
shares
new
be
may
by
used
1950
TO
Construction
nine
expenditures
months of
approximately
|
Giving
the
and
Effect
sinking
to
will
company
fund
fund
stock
common
the
for
subsidiary
year
companies
1950
outstanding
totaling
shares
95,000
during
1949
of
to
at
rate
have
15
of
par
*
which
of
is
CAPITAL
First
Operating
Other
income
income
been
cents
for
taxes
pard
series
series
3%
series
Pfd.
share
per
stock
Series
*On
of
.
stock
on
Divs.
paid
on
—V.
per
Service
$860,040
44,909
234,664
$448,165
43,200
50,480
50,480
201,920
divs.—
$54,913
$29,026
$203,045
The
$0.83
$0.63
$3.21
$2.84
allotment
proposed,
they
but
get
1,
The
additional
an
class
stock
A
$1,000
of-the
for
4%
of
holders
gives
each
bonds,
bondholders'
year's
payment
general-mortgage
of
interest,
$1,000
of
the stock
5%
acceptance
of
and
bonds,
distrluution
1.72
being
lesser
a
shares for
in
rate
interest
-The
a
Santa
be
issued
for
the
Period End. June 30—
arrears.—V.
William
each
—V.
3%i%
on
income
$6,535,601
at- the
the
(
18
.3,909
At
Cast;
income
div.
$43,883
2,500
taxes
series
of
B
.
.
—
.
321,244
$32,383
157,102
&
&
&
R.
$3,152
157,102
$221,976
special charges equivalent to estimated reduction in such taxes.
103.'
170, p.
$56,544,000
502,000
.____
_____
231,000
(net)—
_!
net.
additional • gas to be purchased
"cushion", gas)———
$57,277,000
for
storage
-
.
4,681,000
$61,958,000
The
contemplated
expenditures
include
$22,058,000
for
268
inch transmission line, the construction of which is
Tms. ■ line will provide capacity to serve the
of
Washington,
D...C.,
and
adjacent
miles
presently
increased
and, .subject
areas
certain
to
pro-
Co.
of
underwriters
principal
preferred-stock
•
/
,
"
■
•
"
<
5
'
contemplated
Ohio
Inc
.'
1
Co.—
aggregate
the
'7
'
'
Fidelity. Bank & Trust
will
be
notified
notes,
Co.,
Ky7
7
(
;
5 Weeks Ended—
July 2,'49
2,
1949,
at
issue
System,
&
was
these
proceeds
the
$20,000,000
1949
Inc.
Geo.
it
of
3%
-
realized
of
proceeds
and
used
was
its
then
preference
securities
A.
outstanding
stocks.
in
connection
proceeds
with
the
and
con¬
debentures
due
of
and
1973
$45,094,000
$11,700,000
of its common stock.
In March
proceeds of $19,905,000 from
the
debentures
due
1974
and
in
May
and
net
proceeds of
shares cf its
approximately
$9,955,000
from
new
to
of
names
debentures
purchase
G.
are
as
the
7
-
purchasers
which
they
follows:
The
—$5,850,000
Applegate & Co.
100,000
Co.—
'
300,000
—
&
Becker- &
Courts. &
Detrner
Fauset,
Kaiser
&
Inc.
1,000,000
—_
300.
p.
Robinson-Humph¬
Co.
rey
300,000
Inc.
150,000
*
Singer,
Deane
&
Scrib-
ner
300,000
F.
S.
Smithers
&
Co.
150,000
Stern
Brothers
&
Co.
Strcud
150,000
T homas
&
Co.___
300,000
300,000
Co
&
170,
agreed
150,000
&
Co
& Nongard—_
Mullanoy,' Wells & Co..
OtiC
principal
have
150,000
Ketcham
—V.
the
Sills, Falrman & Harris,
300,000
Co
Steele
&
Co.
Co.-—-—
and
respectively
'
Weeden
&
Co.
600,000
1,000,000
&
Harold
E.
500,000
500.000
Inc
Co.,
750,000
Inc
Wood
&
Co._
150,000
.
Commonwealth
Edison
Co.—Weekly Output—
100.3079;
Securities
••
—
'
Chesapeake & Ohio Ry.—Equipment Trust Ctfs.— ..•■>
The
and
ICC
July
on
liability
in
IS
authorized
of
not
respect
equipment-trust-certificates,
Incorporated,
as
in
V.
170,
300,
PP.
trustee,
with
connection
the
to
and
be
sold
—
PURPOSE—The
the company to assume obligation
exceeding
$3,990,000
2%%
serial
issued by
at 99.131
procurement
J.
Morgan
P.
and
certain
of
&
w
proceeds
the
genera)
be
added
proceeds
Co.;
October
dividends
equipment.—
accrued
new
net
il
to
and
the
of
sale of the new debentures 7
corDoration as were net
the
approximately
$11,700,000
realized
from
the
sale
in
of
1,223,000 shares of its common stock, $19,905,000
the sale in-March 1949 of its 3% debentures due 1974
of
1948
realized-from
194.
from
funds
$9,955,000
realized from the sale in June
1949 of
1,040,302 shares
s
Places New Unit in Service^—
A
new-
service
on
150,000
kilowatt turbo-generator un;t was formally
July 20 by this company at its Fisk Station.
Charles "Y.
-
Freeman,
Chairman,
capacity of the Fisk Station is
now
says:
"With
473,000
this
kilowatts,
put
Commercial
and
Financial
Chronicle
(Reg.
U.
S.
Patent
Office)
William
B.
Dana
•
.
American
JIOTE:
Union,
On
$35.00
account
of
per
the
year;
in
Dominion
fluctuations
In
the
of
Canada,
rates
of
$38.00
exchange,
per. year.
remittance
Other
for
Countries,
$42.00 per year.
foreign subscriptions and advertisements must be made in New York funds.
in.
unit,
the
making it
the
new
Company, Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570.
Herbert D. Seibert. Editor and Publisher;
William Dana Seibert,
President: William D, Riggs, Business Manager.
Published twice a week [every Thursday
(general news and advertising issue)
with a statistical issue on MonaayJ.
Other
1 offices:
135 S.
La Salle St., Chicago 3. 111.
(Telephone State 0613);
1 Drapers' Gardens, London,
E. C., England, c/o Edwards & Smith.
Copyright 1949 by William B Dana Company.
Reentered
as
second-class matter February 25, 1942, at the post office at New York, N. Y., under the Act of March
3. 1879.
Subscriptions in United States, U. S. Possessions, Territories and Members of PanThe
*
The
awarded
Hutzler,
Union
.
Holding
$187,G60;000
was
net
realized
net
1,040,302
of
G.
Bache
Inc.—Debentures
order
an
n"V/'mui',snaJ:e1 tr it3 common^stock. Such proceeds
".,1|r,ni,nt,
q,1-U
connection with the construction reoujrements ot,tne System..
,
,
:
,
•
Halsey,. Stuart & Co.
June 25,'48
io
Utility
System.
realized
PURCHASERS—The
;
Public
serial debentures, and $77,500,000
icalized therefrom net proceeds of
these
preferred
of
corporation
corporation
sale
amount
26 Weeks Ended-—;-
June 36,'48 7July 2,'49
and
price
these
the
from
,
the corporation had 377 stores in operation, com¬
June 26, 1948.—V. 169, p. 2640. '7'77v'7.>-.
v
7"
Gas
of
severally
Slightly Off—
the
^e. sale °f 1,223,000 shares
June,
Holders of
1005. 7
1948,
tne
sale
•
pursuant
1846,
of
(a)
sold its investments
in
Cincinnati Gas
&
Electric
Co.
and
the sale of $45,000,000 3 'A
%
roni.
the
year
11
corporation
retired
debentures
remainder of
frcm
•
Louisville,
(c)
redemption
During
Redemption-
directly.—V. 169, p.
and
struction requirements of
2,625
2,625
——
—
7
bank
3,000
^
the
Section
the
v
«
$95,535,400;
4,500
4,500
Co.—
under
1935,
Power and Light
Co..
Supply Co. (all subsidiary companies) and certain miscel¬
Investments and realized therefrom net
proceeds of $103,400,-
4,500
i
of
Ai/
*2°>000,000 Of 1%%
2L.:«//.« beniures clue. 1971 ard
4,500
4,500
i._7—
issued
Act
1
1949,
Fuel
laneous
11,250
—
for
FINANCING—During
SEC
Dayton
33,000
_—
the
company
No. of Shs.
'
Co
Staats
of
to
\
Co._—L^__
Co.,
and
severally
1
:
those
California.
Lehman Brothers, Goldman Sachs & Co. 7
Electricity output of Commonwealth Edison Company and associated
Corp. .(jointly), -100.07. < ^ 7 "■ f
:
;
companies, excluding sales to other electric utilities, for the week
ended July 23, 1949 showed a 0.4%
Debentures are dated Aug.
i, 1949, due Aug. 1, 1974, Guaranty
decrease from the corresponding
Trust
Co.
of
week a year ago.
New
York; trustee,
The annual sinking fund com¬
Following are the kilowatthour output totals ot
the past four weeks and
mencing ip 1953 is designed to retire $8,925,000, or approximately
percentage comparisons with 1948:
69%, of the new debentures prior to maturity.
Interest payable Feb.
Week Ended—
1949
1948
% Change
1 and Aug. 1 in New York City at the principal office of the trustee.
>
July 23 i__———_:
216,364,000
217,132,000
—0.4
LISTING—Application for listing on the New York Stock Exchange
July 16
206,198,000
212,089,000
—2.8
will
be
made
provided there is sufficient distribution of the new
July. 9
201,411,000
189,763,000
+6.1
debentures.
July 2
7
■
219,499,000
206,169,000
+6.5
and
$379,078
i i
:
7,303,000
2,037,000
department—
of San "
necessary approvals of regulatory authorities,
under aS.
markets located near this line,
„__—$15,819,532 $15,855,844 $83,115,247 $83,089,623
July
Brpp,
116,500
$397,536
,
and
_____
Total
July 26 on a bid of 100.63991.
Other bids
for 3s were: Morgan Stanleyi& Co., 100.45999; Merrill Lynch, Pierce,
Fenner & Beane and White, Weld & Co.
(jointly), 100.3899; Salomon
$495,578
.
$554,638
13,092
$19,291
.
13,092
requirmts.
169,000
of
RECENT
the
4.80%
follows:
as
Oil
Williams
&
Citizens
The
316,855
$723,638
11,500
-
lines
service
'
construct'on
(mainly
Offered—A
banking syndicate headed by Halsey, Stuart & Co. Inc.
on
July' 27 offered $13,000,000 3% debentures, due
August, 1974, at 101 Vs and interest.
;77
y
.'/j
324,021
V
5,469,000
35,062,000
facilities, including mains,
gas
utiltiy
—
pared with 368
$812,433
l/,|..
28,864
$23,744
income
$1,047,659
$72,747.
27,119
miscell.
south
—
drawn shares
Sales
847
de¬
$3,153,000
wells—__
other
.
department
Total
cooperates
and
purchased
is
Colonial Stores, Inc.—Current Sales
$811,586
V
$51,163
other
and
for
"And
its
existing
and
Gasoline department
5,110,358
$1,043,750
Total
Oil
of its
$5,921,944
$72,729
101
(net)
Balance
—V.
Standard
169, p. 2748.
,
400,600 4 5,491,851
$51,062
income
stk.
of
lines
meters'-
a
The-company will call for redemption on Adg/15,-next, 1,246 Vz shares
outstanding 5%. cumulative preferred stock at $25.50 per share,
plus accrued dividend of 21 cents per share.
Payment will be made
par)
1949—12 Mos.—1948
$473,329
469,564
Balance
Net
50.13%.
deeper
field
,
financing
which will be
California,
sold
Cochran Foil Co., Inc.—Partial
v<-"'
'
($100
-f
1&49,
Corp.—Earnings—
1949—Month—1948
ductions
Pfd.
considered
■.
drilling
and
Other
present
development
Counties,
Co
&
Skaggs .&
170, p. 300.
Service
$520,626
—
income
oper.
Non-oper.
.
the
energy
names
of
are
Co
Columbia
•Prov.
be
the
of
company
reduced to
for
the
shows
storage projects.—
lines, compressor stations and other trans¬
facilities
Distribution
v
in
Operating revenues
Operating expenses
Gross
Clara
electric
contract with
;7
Interest
with
4\
77
■
Tully
McAnclrew
a
"Central Vermont Public
Net
also
may
the
Inc
Levy
Mitchum,
payment
will
of
Co
&
-
cates
connection
the
each
&
Schwabacher
of an additional year's back interest wi,ll amount to
addition to $4,773,000 provided for under the original
plan, bringing total payments of interest in arrears to $7,159,950 and
leaving 4V2 years' interest in arrears as of July 1.
Interest certixiA
securities
$4,681,000
schedule
contemplated expenditures for 1949.
underground
mission
recognition
of
shares
and
shares
Slocumb
Elworthy
class B stock (par $50). and alter consummation
there will be outstanding a total of 457,915 shares of the two classes
of stock having a par value cf $50.
Ti$2,386,650,
rules
Upon consummation
approximately
following
ex¬
,
•
Witter
Brush,
of
four
made
al} the outstanding general-mortgage bonds.
There* will be issued to the holders of 274,368
stock,
SEC
under
construction
property retired)
had been made
of
Pacific
of
Blyth & Co.,
in
shares
on
bonds
7
common
with
number
Davis,
plan
In
of
Ali
Name—
arrears.
i
and
expenditures of
The
net
value
$15,823,000
property
—3,514,000
Drilling storage wells and constructing lines and com¬
pressing facilities
to
be
used
in
connection
with
•
voting
water.
purchased by
Dean
bondholders
to
of
purchases under
the
In its latest form, it gives
than originally
1949.
Co.
well
salvage
which
(of
storage.
the
of
of
Transmission
.■;
.
.
and
for
gas
contemplates
net
for
1,059,965
$34,172,217
counties
Lawson,
stock
Service Co.
2,210,551
production
of
Co. owns 61.73% of the company's voting
be considered the parent of the company,
Standard
owns
48.12%
of
the
voting securities of Pacific
company.
Monterey
the
be
certified
common
to Pacific Public
shares
2,643,141
•
$30,901,701
851,218
presently
.
■
*200,000 shs.
15,200
1,639,255"
$115,379,004
$57,277,000
1949)
additional
>•
Service
UNDERWRITERS—The
Approves Plan
its
of
of May 31,
1949
allowance
general character
75,000 shs.
issued
(after
'
8,194,634
12,967,766
4,410,418
—$119,314,610
for
program
approximately
as
;
49,945,097
3,084.388
Installation
7
$48,055,723 $18,424,671
__r—
Department—„V
'j
Drilling new wells and
in competition.
It
plan is effective as of July
smaller
a
The
of
'
i—
_
_!____
property
penditures
124,000 shs.
and
storage
_
of
43,200
Court.
District
sold
company
and
Gas
200,000 shs.
the
restate
Property
property——..
Total all
■
75,000 shs.
sold.
or
to
Retirements
property
Gasoline
.
140,000 shs.
stock
made
Gas and Electric Co., which operates in parts ,)
0
regulatory authorities have been obtained for some
seived by. the company, but which does not operate
-rJDt"er Pr°Jects and steps are being taken relative to obtaining
Natural gas is distributed to domestic, commercial and
w-th
«
as
required-for-the- remaining projects,
industrial customers, at retail or wholesale, jn ,the samp general terri-. ,7
,^e demand for gas, it is believed that
substantial
expenditures
will»be
tory as that in-which electricity is distributed and also in certain
required for
construction
and
for
storage gas in 1950 and 1951
areas within Contra Costa,
although it is anticipated that such
Kern, Kings, Fresno and "Merced Counties,
expenditures will be considerably less in each
California.
of
these years
Company also distributes .water in Avenal,-Calif., which
than
$402,220
:i
to the ICC that the plan for volun¬
outstanding securities, proposed a year ago
as an alternative to the long-drawn-out reorganization by court action,
had been accepted by more than
three-quarters of the holdings, the
ICC July 27 approved the plan and certified its approval to the Fed¬
eral
Oil
1
1,859,000
adjustments
cost."
property.——
gas
"
BUSINESS—Company is an operating public utility
engaged in the business of distributing natural gas, elec-1-
and
contract
$171,740
share—
of
.
AND
Francisco.
187,280
having
Total
FINANCING
Outstanding
$3,220,000
* 2,037,000
include
"original
,
Distribution
tu
160,857
10,800
company
Authorized'"-
-
of
Transmission
of the company
entirely intrastate, being confined to the State of California.
The company distributes electricity to uumwuv,. commercial, agridomestic,
cultural and ..industrial consumers, at retail and
wholesale; .in substan-7,
tially all of Santa Cruz and San Benito^bounties and ih'certaih areasv*
168,255
$90,306
modification
PRESENT
period
the
for
Property
are
$731,331
177,211
Central RR. of Co. of New Jersey—ICC
The
•'
,
TO
the company sells gas and electric appliances
with dealers' in the sale of such appliances.
Operations
Accepted by 75% of Holdings for July 1—
tary
EFFECT
not
Property—-',,,;."'
Production
.
,
GIVING
summarizes,
Additions
Gas
sold
service
300.
p.
to
used
table
31, 1948, the gross amount expended by
property additions, betterments and acqui-
for
-.
$1,000,000 bonds
repay short-term bank loans)
by Pacific Public Service Co. will be
tricity
9,955
10,800
com.
170,
has
company
par).
par
.Public
principally
$721,376
12,471
$116,193
after
Ba^nce
Earns,
$847,569
39,934
pfd.
the
was
-
1949,
percentage
within
——;i.
paid
which
($25
11,
HISTORY
$3,337,077
stk.i
com. stk.
income
Divs.
1949
of
pfd.
California
owned
$175,149
;—-
-
pfd. stock———______
stock at
of
Oil
$2,615,700
.
Dec.
sitions, and the book value of property and equipment retired
equipment,
_
4.80%
July
Pacific
inc.
Federal
_
to
the
increasing demands for
materially to its property during
added
following
The amounts shown do
utility plant to the basis
.'•'V'., v'•
•
1949—12 Mos.—1948
$3,830,999
to
System
securities
meet
to
has
The
14,493,176 shs.
debt
no
V*
will be used to provide a portion of r
expenditures during ,1949 and the first half "«
be
made
for
additions' and
betterments
to '
1980—1,900,000
par), (250,000 shs.)—_
250,000 shs.
($25
B
common
the
$2,983,429
1944
1,
order
System
have
13,000,000
30,000,000 shs.-
outstanding
Minority interests in the common stocks
aggregated $95,098 at March 31,
1949.
public.
years..
Gas
20,000,000
13,000,000
14
Tulv
nn
S,0n
1971
$3,500,000.
of 1975—• 2,132,000 +
securities and may
in
,46,567
.
and
proceeds
for
of
Series A 4%
the
on
63,966
____
.y,
net
mortgage bonds:
■
$172,741
2,409
3,727
_
?
presently known.
shares,
$226,727
deductions
Income
Net
/V
':
awrriafpc:
of
not
23/4%
mortgage
673,680
$222,999
—
______—_
income
Gross
Prov.
.
Co
SECURITIES,
3»/4%
■
last
$846,421
$933,770
710,771
____
&
"•
and
($500,000
j
Common
i
1949—3 Mos.—1948
deductions
Witter
beginning
parent of the
Revenue
Jan.
77,500,000
45,000,000
-a_——
subsidiaries
the
five
,
Outstanding
$16,000,000
20,000,000
corporation
the
of
gas,
past
Columbia
Stock
15,200 shares of common stock at par ($380,000)..
The balance
of. the funds required during the year 1949 and the first half of 1950
will be obtained from depreciation accruals from
earnings during said*^
period ($998,800) and from earnings or future financing, the nature ;
Central Ohio Light & Power Co.—Earnings—•
Operating revenues
Co.—Preferred
and
plant
the
Public
Januaiy and in April.—V. 170, p. 2.
Period End. June 30—
Electric
and
program
first
the
of
FINANCING
77,500,000
par)
.CONSTRUCTION—In
the
.
aggregate
common
of
hands
surplus
natural
170, p. 194.
&
required
made
Since
the*'!
the
tentative
a
series
Dividends
the
at
the
and
.
including the repayment of shortloans, if any, made for said purposes.
Such additions and
betterments are estimated to cost $4,191,840."
;,
■
•
$4,120,000;
$2,375,000
of
3%
sinking
of preferred stock, in two series, and
stock.
common
three
for
expected
are
reflecting completion
have
shares of
of
expansion of their properties.
the issuance of the additional
bonds
debentures;
1,125,000
and
1949
$8,400,000
of rehabilitation
in
mount
PRESENT
45,000,000
—
i
——
(no
Subsidiaries of
bank
term
company, in part,
to finance its own construction program and for
other corporate purposes, and, in part, to make additional investments
in common stock equities of its
telephone subsidiaries in connection
with their construction programs.
-
stock
be
year.
each
1971
1974
debentures
Common
net
the
of
due
will
that
depending upon
planned, would
Authorized
due
debentures due 1973_;
debentures due
New
plant, Snow Corp.'s fifth
greatly expanded in the near
be
debentures
3%
C. E. Bultmann, Coast Counties Gas and Electric Co.,
Registrar, The Bank of California, N. A., San
Calif,,
funds
of
-
v
Net
will
,'/.•*
.
Is
1949
involve
as
for
program
$20,000,000
3»/a%
Calif.
PURPOSE—The
30,
1948,
8,
Shn
'
ending June
April
.will
:
$2,000,000
31/4%
produced
groves
Production
year.
Gas
u
Transfer agent,
t
stock.
common
started
to
The
debs.,
Sept. U 1947 to 1956
75,000 shares of series B 4.80% "preferred stock
(cumulative, $25 par value), at $26.05 per share and div.
property,
•
production,
Offered—Dean
§$0.93
•
months
six
which
§$0.49
-
ended.
Serial
.
3,527,608
tDeficit.
taxes.
quarter and
a
Florida
offered
8,639,852
1%%
from
Nil
1947
-
taxes
just
season
bQxes of fruity last
future, Mr. Metcalf said.—V.
$128,004,717 $90,149,091 $90,386,103
Profit,
processing
million
cne
of
source
11,084,255
1948
the
many "acres of young trees mature.
■.
The concentrate capacity of the McDonald
;
"
1949
"
$33,195,146
$0.98
Six Months Ended June 30—
'
1949—3 Mos.—1948
$20,989,242 $19,864,636 $62,948,922
1,274,003
834,137
3,843,231
•Profit..,,
Earnings per
as
r
in
than
more
Caterpillar Tractor Co.—Sales and Earnings—
;
Metcalf,
will
$30,000,000.
EFFECT
.
W.
Marketers,
1949,
It
the
for
which
subject to change
but,
as
presently
course
approximately
CAPITALIZATION
President, on July 26 announced that Snow Crop.
Inc., a subsidiary which pioneered distribution of fresh
frozen orange juice concentrate under
the Snow Crop
label, has acqu red all the properties In the William P. McDonald
citrus empire at
Auburndale, Florida. This transact'on involves $3,500,000.
The McDonald
properties, Mr. Metcalf added, include nearly 3,000
acres of
groves, a large fresh fruit packing house, single strength jv.icb
and sectioning plants, and a new frozen
concentrate plant, that began
according
stock holdings, expressed
market quotations,
were: *
trade 6.57% and tobacco
common
11.08%,
from
30,
June
on
1949.
coverage
$3,831.—V." 169,
was
78.33%
Largest
total
~
to
petroleum
30,
excluding
1949,
1943
report.
company*?
stocks
common
31;
debentures
new
adequate
System.,
-
proportion
The
(
the
of
will
Gas
presently estimated at $61,958,000.
corporation expects to sell in 1950 such securities
necessary
and
After
such
program
3
expenditures
The
■
seasonal .demand for .coal and
that
construction
$2,075,016
stock.
common
antic.pated
1948
$2,192,757
share
common
(395)
of
.Six Months Ended June 30—
$127,588 for the six months'
parison with S90.C16 for the same period last year.
(The total net assets of the company at June 30, 1949 with securities
valued
at
market
and before
deduction of
quotations,
principal t
amount
of
outstanding debentures,
were
$7,170,330,
excluding
un- '/
amortized debenture financing costs of $126,413:
(
Net asset value per share of common stork, after deducting prin- t
cipal amount of debentures outstanding, was $9.45 on June 30, 1349, >'
CHRONICLE
'
4
largest of
system. It
the
sinking
Edison
which
generating stations of the Commonwealth
the total generating capacity of the system,
Ul.no.s, to 2,537,000 kilowatts.
10
brings
"The
<umt
tne end
and
unit
new
heat)
of
J652.
of
»
expected
per
the
leaving
83,985,000' which
balance of
and
the
im¬
manufacturers,
distributors,
are
Gross
efficiency of approximately 29,000 BTU per kilowatthour. The
therefore, use 2.6 pounds of coal to produce tne some amount
electric ty as the new unit can produce with one pound of coal.
fail in a new
$1,464,419 $18,519,038 $17,810,331
taxes-
the
and
newest
efficient
most
Gross
.
income
Interest
equipment in the system, the
new generator, it is planned, wid operate at or near capacity 24 hours
a
day, seven days a wack throughout the year. The lo older units
will
be used
to pro.ide reserve ior peak loads and emergencies."—
V. 170, p. 200.
• * V'.i; y:
"As
Net
other
and
ductions
(net)
de¬
260,790
$1,044,106
$930,376 $11,290,955 $11,435,937
suock—
pfd.
on
FPC
Corp.—Seeks
Gas
Au¬
—V.
'The corporation, has filed a:i amended application w.th the Federal
Comnrs ion a k ng .VJti'ior zation to construct a 200-mile pipe¬
which would rrry natural gas to ut.lity companies, municipalities
and industrial cu t.ra rs
n Virginia. The line, to be built at an esti¬
mated cost cf approximate y £5,041,900, would extend from a point of
connection with Virginia Ga, Trn-mis ion Corp.'s pipeline, probably in
Green Cauntv, Va., m a southeasterly direction to the vicinity of Nor¬
folk, Va. The company propo .e.i to purchase its entire supply of natural
gas from V.rgutia Gas Tra.ismis.icn.
6 Mos. End. June 30—
Power
Net
i!«et
The
application
b'j
Sect;
"After
Unfilled
in
ness
of
shares
399.68
shares
the
in
(Akron), or .03
for each share of Commonwealth com¬
stock
common
Edison common
of Ohio
of
Edison
Ohio
(2)
transfer
to
its
J.
of
B.
B.
$15,177,000.
efficient
new
for good busi¬
3.
p.
nurr.b'.r
limited
the
of
company
$1
class
par
part
was
of
directors
The
able
Sept.
In
10
like
of
ment
fight
stockholders
of
keep
to
A
and
10
declared
have
10, and
dates, and
Sept.
In
his
order
under
that
the
plan
the
only
Conclusions
law
of
He
"•
G Mos. End. June 20—
Profit
before
Provision
of
cents
10
Aug.
Jan.
on
ago
debt
can
"The
the
earnings-and
."Thus thn
favor of
the
53%
rll
and
Southern
Co.,
part
materially
the
stockholders.
common
end
of
the
85-15
of
It
division
22,
share,
pay¬
Previous
least $100,000,000
at
as
SEC
300.
p.
formally
10,
2, March
Jan.
on
1943
■
1947
<
;
($3
July 14 filed
shores of 6%
company
covering
99,833
and
par)
50,000
stock
common
Underwriters
at
cent
First
are
of
cumulative
warrants
one
letter
a
Guardian
convertible
purchase
to
per
notification
warrant.
50,000
will
be
used
to
provide
with
The
$3,018,114
$1,211,961
$93,777
1,290,918
519,739
450,000
Securities
t$l,221,479
$1,277,190
$392,222
York
capital
514,864
$2.30
514,864
$2.40
514,864
514,864
$0.68
This company on
July
announced
27
that local
distribution
of
This
ft.,
cu.
compared
preceding
year,
extent
great
week under
in the same week amounted to 683,000 000
696,200,000 cu. ft. in the same week of the
gas
with
decrease
a
of
1.9%.
Gas
consumption
depends
to
a
temperature.
on
consideration
The average temperature in the 1949
80 degrees F., while the average
tempera¬
week was 75 degrees F.
was
ture in the comparable 1948
Additional Information Given New Stockholders—
/
the
com¬
the
com¬
more informat'on available to new stockholders,
publishing a booklet of background material about
pany.
stockholders
Introduction
receive
Con
to
letter
the
of
copy
new
a
names
o^
and
new
its
record
Edison."
of
welcome
latest
booklet
market
in
will
receive
Currently,
from
the
the
persons
booklet
titled
becoming'
Chairman
of
the
"An
stockholders
board
and
a
will
presents background information
an
easy-to-read
manner.
latest annual report, it gives a
pany s history and operations. The
illustrated pages.
Used
well-rounded
new
booklet
about
Con
contains
24
with
com¬
copiously
*
Accord ng
to the booklet, Edison's 154,363 stockholders
in
exceed
number those of any other electric oi
gas
operating company
Only
nine American corporafons of
any k:nd have more, it was stated.
An Introduction to Con Edison" will
be revised periodically to keen
al lIllo,rination
stocknolders on
da4;e*
booklet will be available
to
present
request.—V. 170, p. 301,
announces that it
three
different
properties, of
Drilling
other
the
and
said.—V.
170,
The
'.•••
25
directors
cents
an
institutional
year,
1.—V.
Dec.
share
per
m^ ng
cn
en-
S.
M.
Kennedy,
of
302%%
a
of
portion
of
the
princ'pal
proceeds
amoupt.
of
the
were
the
redemption
borrowing from
call
the
car
were
one-t.:ird
r^y?8 0fHS£PM' li,45> in .the amount
cf
these
debentures-were retired
714,093
$1,693,948
$1,3-4,557
541,313
571,T39
$176,214
$131,4^0
$2,225.261
$l,"c,6,296
income
by
redeemed
and
a
from
inc.
39,541
30,800
428,637
280,829
$136,773
gross
income
—
$100,660
$1,806,624
$1,585,467
reouirem'ts—Blackston
div.
Electric
&
Valley
Co.-
77.652
77.652
$1,728,972
170,
10-year
the
Iowa,
distribution
301.
1
p.
July 25, 1949
bonds, due April
presented
started
be
of
a
one
$1,50/,815
stock
common
first
mortgage
face
value
tion
of
and
$400
of
of
$1.75
>
cents
75
lor
value
of
Expenses
General
Iowa
was
the Southern
first
the
of
share
made
Bank,
$1,573,515
Co.
Moines,
Des
12 shares of'
Central Iowa Ry.
&
confirmed
of
by
order
of
paid
dividends
to
Iowa, Jan. 31
1949.
of
said
bonds
Oct.
due
to
June 30
of
company's
share
per
Fund is owned by
Ludington,
calcium
size.
sales
division
on
Mich., plant has
in pellet form.
started
has
ar.d
pellets
Their
high
the
that
the
large-scale production
June 30, '49
assets
officials
end
Pellets
The
uses.
state
has
firm
that
an
value
in
will
continue
product
over
known
production of
flake
Dow
as
.conventional
flake
Calcium
in
calcium
chloride
and
Governments
Utility
Laboratory Tests Show Two New Compounds to Have
Stabilizing Properties—
to
have
compounds, dehydroacet'c acid and its sodium salt,
excellent
food
pany
has
announced
tests.
The
materials,
and
accounted
colorless,
odorless
of $6,000,000.
research,
centiations, the company said'/
are
appear
stabilizing properties, the
laboratoly studies and limited
and
from
several
tasteless
in
years,
all
of
Higher—
83.9%
the
Power
represented
for
Fund
169,
Natural
Gas,
Fund.
Cash
the
of
invested
was
Light,
and
43.2%
11.6%.—V.
$2,077,750
$16.56
$15.34
the
of
2418.
p.
Co.—Earnings—
1949—Month—1943
194°—12 Mos.—1948
$478,830
$434,067
$5,596,095
$5,042 707
301.259
276,405
3,549,863
3,216,297
51,000
48,000
639,517
541,274
$126,571
revenues
oper.
income.
income
(net)
$109,662
$1,406,714
$1,285,135
724
fH. ;
income
3,801
23,256
42,433
$127,295
$113,463
$1,429,970
$1,327,538
'
deductions—
income
t 6-014
14,601
145,191
183,122
$121,281
-
$98,862
$1,284,779
$1,144,446
Preferred
dividend requirements——^
applicable to common stock and surplus
per share (381,994 shares)—______—
169, p. 2750.
y
/
67.500
—V.
Cuban
Bond
Electric
Power Co.—
&
Co.
of Cuban
Co.—To
$1,076,947
/
$3.19
Transfer
$2.82
$19,500,000
Debentures to American & Foreign
,
decision
a
Share
Share
&
Co.
67,500
$1,217,279
Balance
Earnings
announced
transfer
to
Electric
in exchange
$19,500,000.
According to
effort
out
July 22,
for
the
$19,500,000
Co., due May 1,
the
latter's
SEC
of
6%
authorized Electric
20-year
Bond
debenture
bonds
to American & Foreign Power
three-year, 6% promissory note of
1948,
com¬
field
intensive
suitable
gpri:
and
other
&
receive
the transaction
"represents
Drimarilv
Power,"
to
provisions
new
of
Cuban
holdings
Utilities
liquidation
4 'A %
Commission,
alleviate
Foreign
$19,500,000
Electric
suant
the
temporarily the immediate and pressing cash
a
subsidiary of Eond and Share, arising
the extensive construction programs of its subsdiaries.
of
The
to
of
Power's
cosmetic
following
which resulted
in
Industrie',
El Paso Electric
Operating
that
Holdings
Oil
Period End. May 31—
an
Food and Cosmetic
new
stock,
2417.
several
Midland, Mich.
Two
p.
$2,042,742
$15.43
announced
stocks.
common
Insurance
and
share-
per
further
Co.
(he- new
advantage
Its portfolio
preferred
169,
Dec. 31, '48 Jun° 30. '43
$2,197,014
was
In
an
flowing, and more easily stored.
Sales
£0.4%;
2.1%.—V.
Howard Stock Fund—Assets
Electric
announced
anhydrous formulation (96%) of buckshot
analysis
makes
them
more
efficient, more free
are
and cash,
high.
new
a
bonds.
certiorate
stock, 56.5%;
of—
It
chloride
new
High
D-c. 31, '43 June 30. '4.3
'49
10,561 shareholders,
Government
of:
common
Net
1,
Dowflake
157,911
,
$40,774,322 $37,029,242 $33,645,233
$23.60
$23.65
$25.29
-
value
Asset
Dow Chemical Co.—Offers New Product—
The
firm's
1 371,299
118,424
of—
Gross
Sept. 1,
140
1,371,301
—:
close
Sept. 1, 1949 through
$140,000 of its 20-year 27/8%
sinking
1965,-at 100%%
with accrued interest
Payment will be made at Guaranty Trust Co. of New York,
Broadway, New York, N. Y.—V. 170, p. 301.
debentures
$1,537,125
paid
assets
Eaton &
the
the operation of the sinking fund
fund
15,016
$1,553,207
:
dividends
Income
redemption
$1,552,142
15,308
21.0%;
7J/2%
Rv.
either securities or cash to be
exchanged therefor, will
finally terminated and cut off.—See also V. 170, p. 4.
corporation has called for
54
91,072
taxes
Eaton & Howard Balanced Fund—Assets at New
As
Devoe & Raynolds Co., Inc.—Partial
Redemption—
The
84,347
42
96,270
—
169, p. 2750.
Net
on
cash,
Moines
1943
$1,727,615
51,876
—
10.
mortgage
all further rights in the holders
presented,
ONLY
1S49
$1,721,703
—
Convertible
—V.
190,488
s
$1,501,337
on
Aug.
Inter-Urban
$100
District
ASSOCIATION
——
income
As
for
RR.
HOLDING
OF
May 31—
——
income
consists
per
National
Des
163,496
-
taxes
Federal
due Jan. 1, 2024, per $1,000
provided in the plan of reorganiza¬
as
Ended
$1,691,825
$1,739,623
——_
-—
income
205,258
$1,963,119
—
interest-
Other
so
$1,486,567
to
259,477
—
12 Months
bonds,
income
bonds,
and
taxes
Ealance
The
record
share
per
of
applicable
above—
if
not
21,248
$1,486,567
income
Oper. expenses, etc.-Federal income taxes—
and be
—
-
Expenses,
■
outstanding
l, 1931
Moines
shown
right to exchange said bonds will expire, in accordance with
said plan of reorganization on July 25,
1954, and after that date there
shall be no further right in the holders of said bonds or
any other
persons to demand or receive any cash or securities for said bonds and
receive
25.330
$1,703,642
$1,703,642
—
Total
in
pos¬
as
RR.—Exchange of Securs.
exchange
Central
&
Court
in
par
75-year 4%
Moines
District
S.
agent,
of surrendered
Des
interest——-!
Utility Associates:
subsidiary companies
A. as
Non-subsidiary
in
well
quickly
as
holders of
to
l
,
all
Iowa-Des
to
exchange
as
minority
to
of
U.
E.
Common
sale
Graham-Paige
C.
Deardorf, President of
drilling
of
five
wells
on
dividend
Sept.
after
gold
be
/_.
Applicable to E. U. A
Asset
special
three
annual
(net)-
income—
Balance
104.
p.
special
a
and
may
was
ThI'lV^^^/e, °fc,tlle( Pr°,Cee?S ,beJn* add*d to working capital
Th.
15
3/2^
sinking iund debentures which
Over
840,297
$83,816
47,614
Interest
completed
properties
to
wells will
Des Moines & Central Iowa
On
stated
redeemed
at
The
new
39,236
•
needs
President,
$3,985,000
their
59,702
Applicable
Net
at
announcement,
T„nl 25, 1949, in the 0n 8 outs,tandinS debentures
oi ^oC0[P0;t principal amount of
from
-
1
the
June
price
prom¬
1949—12 Mos.—1948
$1,227,050 $15,f>74,848 $14,7^2,857
1,103,938
13,140.604
12,e04,2',2
$129,771
46,543.
Preferred
1838.
p.
which two are in Oklahoma and
has been commenced on the first
four
stock, both payable
common
Chloride
lender, $6,500,000 15-year 3V4%
issory note.
163,
July: 26 declared the usual quarterly dividend
on
.
to
$1,234,000
1,044,527
Interest in Three
has
in
Kansas.
he
The
Consolidated Grocers Corp.—Note Sold
Privately The
corporation, it was announced July 27, has sold at
par
Subs.)—Earnings—
income—
Net
With
Deere & Co.—Special Dividend of 75 Cents—
Ediscn
in conjunction
picture of the
1
■
payment).—V.
The
three
sible,
continued.
the
(^ngle
sale,.I according to B.
corporation, involves the
Inc.
Oklahoma
report. These are mailed as soon • as the
the*stock transfer books, which the comoanv
be
FPC.
etc..—
Net
Deardorf
annual
entered in
are
keeps. This practice
The
■
(&
1949—Month—1943
EARNINGS
Inc.—Registers
The
is
New
B
ser.es
interest
Motors,
U.
To make
pany
America,
Oil Corp.—Sells One-Half
corporation
one-half
compared
distribution of
told
company
taxes.--
»*
of
elec¬
tricity for the week ended July 24, 1949, amounted to 200,000,000
kwli.,
with 189,700.000 kwh. for the corresponding week of last
year, an increase of 5.4%.
the
income
Deducs.
Properties—
Last
Inc.—Output—
Associates
31—
revenues--
Eastern
has
Certificates,
par.
manu¬
$28,000,000,
expenses,
Other
43,237
filed a
statement
with
the
SEC
registrat on
$19,000,000 of Cooperate Leaders Trust Fund Certificates,
(periodic payment)1 and $250,000 of Corporate. Leaders Trust
Deardorf
the
Pro¬
.
for
to
$0.02
H:
Leaders
Fund
the
Consolidated Edison Co. of New York,
Local
Gper.
"$50,540
share
com.
B
SEC
preferred,
New
additional
distributors
to
Subsidiary Companies:
Operating
300,000
outstg.
company
covering
preferred stock
(par 10c)
of
sell
and
systems
approximately
Utilities
Eastern
Total
Southern
the
be
Period End. May
shares
Price
Corp.,
working
facturing and sales of air conditioning equipment.
ceeds
shares
Corporate
these
The
would
Balance
1,045,558
—
::;v
.
Conditioned-Aire Corp., Alexandria, Va.—Filing—
transmission
others, Norwalk,
Danbury,
Eridgeocrt. New
Haven,
Waterbury. Meriden
New Britain, Hartford and Middlctown, Conn.; Frovidence and Woonsocket, R. I.; and the following
areas
in Massachusetts:
Taunton, Fall River, Springfield, Webster,
Worcester, Lowell, Lawrence, Salem and
Eoslon.
Total cost of the
1946
.
"After crediting to income $110,531, representing
one-half,.of reserves
against operations in prior year.
tBefore any restoration of
contingency provision of $411,000 previously provided for Josses due
to possible decline in inventory value.—V. 169, p. 1880.
*
ap¬
the opposition
for
gas
among
Gross
charged
better
the
result of
a
natural
Naugautuck.
plan
asset;
of
Commission
24-inch
pay¬
per
1949.
392,000
profit
Earnings per
present
the
50-50
is
the
the
that
so
to
Pipeline to
newly formed organization,
a
Power
existing
unnamed
serve,
Earns,
dividends.
which
1945
allotment
the
Commonwealth's
of
a
plan,
withdrawn in
was
allotted
subsidiaries
has filed application
authority to construct and oper¬
line, with approximately 200 miles
of lateral line between Phoenixvilie, Pa., and Boston.
The application
states
that
the
new
corporation
plans
to
purchase its
gas
from
1949.
3,
cents per share
$2,659,037
taxes—
reserves
Net
a
year
to the
$4.85
Canadian
the
and
Fed.
serie;,
present
plan represents better than
short
stock
incrca ed,
60%
Commouwealth's
of
the
contracted
distributed.
be
stockno'ders
group."—V. 170,
our
Commonwealth
full
in
now
have
common
proved, and which
of
the
of
which
of?
can
stockholders,
gives
than
paid
earnings
common
in
be
now
stockholders
common
now
$21,000,000
corporation,
292-mile
Utility oper.
SEC—
of
S3.34
—
of
,•
of 5 cents each on the first three
extra of 10 cents on Sept. 10.—V. 168,
-V;I'-V. VW
1949
taxes
for
income
Special
continued:
("The
thore
1778.
Federal
a
Gas
"are
supported by substantial evidence and were
arrived"-at in accordance with legal
tandards."
la a letter to stockholders, Mr.
Snyder Explained "that some of
lx>« objections to the plan aave been eliminated during the six months
consumed
by the U. S.
District Court in arriving at a decision."
include
Copperweld Steel Co.—Earnings—
Common
approving the dissolution
Judge Leahy held
plan,
recent Engineers Publ'c Service Co. case he approved
on
the basis that the SEC's findings of fact and
—
operations
ox-ras
9.11
,v,:-
■
record
of
made
was
dividend
a
stockholders
to
amount
741.
government from breaking up the company.
The break-up move
by. the SEC was
tarted when the late Wendell L. Willkie was head
Commonwealth.
776,n85
—904,200
share
per
2,630,622
$3,765,139
taxcs__
became
The
of
shares
common
the
of
1,855,000
$3,016,197
income
outstanding
169, p.
with
Corp.—10-Cent Dividend—
the company paid 10
1948,
June
State
ten-year
a
Canadian
Eastern Natural Gas Corp.—Plans 292-Mile
its
to
/
1243
6,395,761
4,871,197
earnings
Federal
Civcu t.
for the Third
and
taxes
Boston—
rema
pursuant
Copeland Refrigeration
said
act'on
1949
$43,230,200 $42,226,065
Earnings
Snyder,
Appeal
The
to
ning outstanding ar.d not purchased by the com¬
purchase offer, dated Jan, 27, 1949, the New
York Curb Exchange removed this issue from listing at t'ne opening
of business on July 21.
The shares had been suspended from dealings
since May 16, 1949.—V. 169, p. 2102.
p.
counsel
for a large group of Commonwealth
July 25 that he would accept a Federal District
Court d ssolutio.n plan without further appeal.
Mr.
Snyder had ack"d
Judge Paul Leahy in
Wilmington, Del.,
oil July
15 to rehear arguments against the dissolution plan or to
stay the order so that h:s 'group might appeal to the U. S. Court
Alfred
stockholders,
May 31—
for Federal
Net
ate
together
with
give confidence
170,
*
sales
project
to
aforementioned
Utility Plan Fight—
Stockholders End
-
nil
future."—V.
immediate
beei
Subs.)—Earnings—
Cooper Distributing Co.—Removed from Listing—
Co.
remain.ng assets after the Oct. 1
distribution
and payment of ail expenses and Facilities incident
to
consummation
of
the
plan of liquidation,
to the Southern Co.—
and
mon;
amounted
,1949,
and
the
Due
pany
liquidation and dissolution of the
corporation have b en approved by the SEC.
In an
order anno need July 25 the Commiss'on
authorized Com¬
monwealth (1) to include in its Oct. l distribution to common stock¬
holders, in addit on 'o the common stock of The Southern Co., 2,020,involved
30,
engineering
development),
aggressive sales efforts
production
this
steps
Jure
at
orders
sensational
Final
second quarter of
Williams, Chairman of the board, stated: "Although less than at the
year-end, these unfilled orders were sufficient to insure shipments the
balance of tne year equal tj
tie first six montns of 134u.
imcen-,
kilowatt hour output of electric energy of subsidiaries
of this corpora.ion
adjusted to show general business conditions of
territory served for tie wf.ek ended July 21, 1949, amounted to 312,840,003 as compared wti 310 0)9,538 lor tne corresponding week in
1948, an increase of 2.030,410 or 0.6519
Dissolution Plan-
Years Ended
Net
$0.19
preferred
NOTES—Earnings per sh?re totaled $1.98 for the
ar.d 61 cents for the first quarter of 1949.
weekly
SEC Approves Final
.
has
date
to
'
(&
Earnings before Income
—V.
1949
Southern Corp.—Weekly Output—
Commonwealth &
sh—_
work
Most
j
$4,773,173
21 , < >0
boK.'ibb
$3.30
1,402.964
$5.03
dividend requirements and on basis of common
shares outstanding in respective periods.
tAfter all charges and taxes.
Richmond, Va,
The
1946
1947
1043
1349
1,u<j4 0 -0
$2.59
—
—
•Earns.-per com.
project would be financed through the
& Stringfel.ow, investment bankers ox
the
says
securities
of
p.uii.
acid.
wholly-owned early in the fiscal year.
The comparative
figures for the previous year are after deduction of earnings applicable
to the 40%
minority interest in the subsidiaries during that period.
$16,100,009 $17,491,441 $13,011,100
sales
►
field where r-sults of -"-thionlne supplemented
encouraging.—V. 170, p. 302.
most
Corp.
NOTE—The
Cooper-Bessemer Corp.—Earnings—
line
amino
essential
poultry
'
which
To Sell Securities—
the
Duplan
301.
p.
Virginia
thorization to Construct Natural Gas Pipeline in
sale
.
170,
this
in
in
Shares
Balance
Natural
Commonwealth
low
Prov.
.
•
plant is the first large unit constructed to produce this amino
synthetically. The company said DL-Metniouine prjm.st-s to play
important role in supplementing the plant proteins of nature wbicn
an
$1,135,833 $14,660,147 $13,901,123
3,369,192
2,465,192
205,457
$1,324,953
income
Divs,
328,536
323,032
—i—
3,909,202
3,858,891
this
tnis
has announced that
of D-j-Metuionme
Manager,
The
latter,
of
General
acid
So,8ol,198 $84,673,478 $83,091,556
71,154,440
65,281,225
5,336,779
$1,653,288
and
Being Built at Pittsburg, Calif.—
Putnam,
start the large-scale nrouuetion
plant at Pittsburg, Calif
diets have been
1949—12 Mos.—1948
5,713,081
$7,367,069
revenue
Oper. exps.
average
E.
to
pians
done
1943—Month—1948
Period End, June 30—
to
Mark
Dr.
firm
are
Consumers Power Co.—Earnings—
,
Plant
New
'
Corp.
Western Grocer, Marsnall Canning and Dannemliler Grocery
wholly-owned subsidiary, Rosenberg Eros.—V. 170, p. 3.
,<
,
Warner,
Monday, August 1, 1949
was
1949.
25,
Grocers
exporters and canners c 1 food products, having headquarters
Chicago,. Its divisions include Reid Murdoch, C. D. Kenny, Sprague
in
have a fuel efficiency of 11,000 BTU
k Iowa.thour, while tne 10 older units have an
is
CHRONICLE
FINANCIAL
&
porters,
774,000 kiloinstalling' as
j art of its 8500,000,000
post-war expansion program. The first unit
was
placed in service .n September, 1947, arid another is scheduled
for early next year. The other tpree are scheduled for completion be¬
1950
June
on
Consolidated
.'"The generator is the second of six new units totalling
waits of -additional capacity which the Edison system is
tween
payments,
fund
redeemed
Chicago and northern
serves
COMMERCIAL
THE
(396)
of
of
are
debentures,
securities
to
plan
a
bonds.
of
be
of
turned
together
Cuban
over
with
all
Electric
to
Cuban
of
and
^rpjgn
Havana
Electric
pur¬
the reorganization of that company
exchange therefor, Foreign Power will
Cuban Electric, including $30,313,000 of new
Havana.
securities
mortgage
of
Co.,
Such
for
In
bonds
are
to
be
sold
by
Foreign
Power
%
Volume
sell
to
Foreign
$20,000,000
debentures
of
Bond
by
and
such
to
to
expe¬
bonds.
of
ance
of
hereafter
Commission
the
or
raise
to
sion
by stockholders requesting
been filed
had
also
suspend
and
"Prior
—V.
170,
Electric) and only
by Foreign Power.
(Cuban
by
interest
is
payable
1948
The
Society was established.
does business in every one
Equitable
maintains
located
in
iinance,
force
field
a
the
Directors
90th
cities
the
b rthday
Atlantic
in
United
the
of
most
noted
the
of
States,
in
names
State
The
Profit
and
val
order
that
On
As
th«>
to
because
in September.—V.
J.,
rever
meeting
given
to
and
the
the
Court
that
of
by
a
of
section
the
new
board,
who
invalid.
See
Chairman
July
meeting
15
of
declared
earnings
Other
income
Gross
Int.
Income
-
—V.
to
1
$640,579
112,284
SEC—
The
*
has
of
tnan
filed
28
with
regional
the
The
by
Co.*
'&
amendment.
named
are
proceeds
total
a
financing
the
completion
manufacture
of
elemental
the
manufacture
of
will
phosphates
Newark,
mated
California,
cost
the
of
relating
The
Peabody
Kidder,
the
>
&
1,134
has
pany
now
the
the
of
par
used
for
facilities
of
rate
will
effect
preferred
($10
the
corporate
constructed
being
Carteret, New Jersey.
The
phosphate project is $11,400,000.
operations.
proposed
consist
of
($100
for
aggregate
esti¬
Over
1949,
stockholders
will
be
Motors
sales
1948
and
$2.492.105.—V.
,
over
the
financing,
$15,988,000
Trench
are
debt,
188,000
and 2,111,878 shares of common stock
capital and surplus as of
May 31,
1949
,,y.--
net
sales
of
the
Including
company
consolidated
169,
net
2751.
p.
after
inepme
;
\%r
sales
of
amounted
taxes
owning
sales for
data
par
($100).
sales
PURPOSE—Proceeds
retire
•.
Works,
,
to
AND
partnership
company
7,516
166,
shares of 7%
cumulative preferred
on Jan. 1, 1950, at $110 per share
666.
p.
—
second
f
copper
-
•
nuts',
and
cap
■
columns,
rivets,
serves
sash
sales
as
and
bars,
plates,
sheets
aluminum
casement
warehousing of
for
given
a
or
sheets,
stocked
are
te^s,
angles,
pipe,
well
as
turn
produced in United States and Canadian
a
new
record
steel
road,
smiths
.
products
period,
the
profits at
the higher
volume
exceed
the
given period by a greater percentage than
said.
"Similarly, when sales are below the
.
and
other
-
•
'
•
in all probability by the end of
General Motors products
will be,
the year,
generally
sash,
and
various
related
hardware
and
and
others
warehousing
warehouse
business.
contract
to
is
Buyers
have
the
in
operation
of
territory.
conducted
much
certain
of
kinds
the
of
conjunction
steel
with
materials
fabrication
done
confidence, however, that when the backlog
demand has been satisfied General Motors
because
second
holders,
,
in
expressed
automobile
the
products. '.
inventory includes a complete supply of
building construction, manufacturing, rail¬
building supply dealers, machine shops, black¬
in
operating
The -fabricating
report
deferred
the
Stainless steel,,
7p.ll kinds of bolts,
lag screws, washers, etc..4. In addition the
agents for Page Steel fence, Truscon steel
basement
used
V
.
8,825,335
2,157,088
12,255,000
25,051,000
3,751,082
19,586,000
1
: '
15,865,296
22,628,000
i
*■-,
-
.
125,116,000
80.941,000
220 605,000
161,624,000
166,915,305
110,282,260
303,678,643
206,763,672
3,232,079
3,232,078
6,464,158
6,464,156
v
v:
on
107,050,182
297,214,485
200,299,516
33,001,560
109,901,416
65,988,341
44,006,034
43,927,036
43,996,515
of
.
...
shares
43,981,350
__
earned
per
$3.72
companies
amounted
the six
the
,
,
share_
subsidiary
to
$2.43
$821,000
$941,465
and
months ended June
$4.55
$6.76
consolidated
not
and
interest
second
quarter
(dividends
for
the
1949, and $1,145,535 and $4,946,637
months ended June 30, 1948).
■(Including
dividends
received
of
$293,753
and
$594,957
for
t1 e
second quarter and the six months ended June 30, 1949, and $379,490
and
second
$672,898
30,
1948,
quarter
the
for
less
subsidiaries
and
30,
the
second
six
and
quarter
income
sundry
NOTE—Deferment
the
six
ended
months
June
deductions.
unremitted
of
foreign
consolidated
exchange restrictions exist and provision for foreign
where
profits
of
taxes, reported as sundry income deductions in the second
quarter and first six months of 1948, have been reclassified to conform
the basis used in 1949.
to
f
CONDENSED CONSOLIDATED BALANCE SHEET ■' \
'^1,
i t
June 30,'49
Dec. 31/48
•
Cash
U.
.the
•
of
1949
quarter -of
Its
customers
and
at
securities,
and
in
Miscellaneous
34,975,328
held
for
bonus
»
shs.)
146,714
Net real
estate, plants and equipment-;
Prepaid
expenses
Goodwill,
134,962,066
?7.857.I°o
49,259,458
7.5"''
,
.—
in: treasury;
(1949,
786,576,707
144,328,799
—
222,573,591
822,715,912
——
consol
—
assets
stock
purposes
not
subs,
253,665,426
287,945,383
(net)™---—
——
—
Investments
Other.;Investments,
464,769,139
cost
note3 receivable
Inventories
8.623,324
757,312,940
10,156,178
—
deferred charges---—
and
patents, etc..
2 0,186,035
281,951,378
j.u
Govt,
S.
Accounts
Total
;—;
63,214,330
-
'. •'
the
country." "
——————
—
<
,
j
•<-
...
7,805,924
775,088,502
10,682,678
63,214,330
2,903,580,222 2,621,871,907
*:?t
24,787,841
234,061,826
liabilities
Net income
Accounts
liability
tax
payable
crued
—
——
—
warranties
pavro'ls,
Taxes,
in
squares,
Company's normal warehouse
all
.
.
54,974,163
for
made
by
succeeded
etc.
as
.
and trucks.
in ample supply," the report added. "Then General Motors
only to the extent that, its sales can be supported by
economic activity, and profits will be affected accordingly."
second
assortment
rounds,
47,800,773
..
.
163,683,226
and
items
;
2%%
promissory
Other
liabilities
warranties
(emploveps'
benefit
Deferred
bonus
series
44.^29,795
stock
stock
pfd.
stock
Common
————
surplus
——
Total
441,043,400
-
———
—
Liability
(1)
NOTES
for
U.
S.
Income
purchased in anticipation of income tax
in
current
taxes.
■
'■
i
deducted
been
have
assets,
•■
63,809,307
22,238,627
1,973,414
183,564,400
100,000,000
441,043,400
34.850,276
24 650,276
1,278.104,515 1.040,791,446
surplus
Earned
2,218,759
65,066,395
23.843,059
1,973,414
183.564,400
100.000,000
($10 par)—-——
Caoital
,'>■/•
9,562,795
3,0">4,649
——
foreign
pfd.
series
$3.75
19,988,528
plans———.—
profits——.—.
Contingencies and miscellaneous——-/_•
Minority interest (preference stock of subs.)
$5
110,509,-327
24.920,844
,
*j:_———
income
Unremitted
3,232,079
125,000,000
114,"P3,710
taxe
—'
bonus,
195,246,038
3,272,079
125,000,000
——
miscellaneous—
and
Employees'
250.°14.019 "
capital stocks
—
28,807,626
239,035,885
]'fp '
ac-
—_——
notes.
Reserves—Employees'
/
sundry
and
Dividends payable on preferred
of
years.
later,
and
cars
quarter
the Gate Iron
broad
a
.
stk._
Common
production can be maintained at a level higher than prewar
of the growth of the overall market.
The
record sales of 791,596
cars
and trucks during the
V
;
1931, which in
formed in 1320.
in
name
the
including strips,
screws,
company
;
same
engaged .in
53,874,123
'
,
_______
received
quarter were the largest
compared with the previous high of 757,505 in the
1941, with 560.542 units in the first quarter of
this year and with 520,538 in the second quarter of 1948.
The percentage increase in car and truck unit sales in the second
quarter over the first quarter of 1949 was larger than the percentage
increase in dollar sales, the report said.
This reflected the sale of
a
greater proportion of Chevrolet and Pontiac passenger cars, new
models of which were introduced in the first quarter, and a decrease
in sales of automotive replacement parts.
*.
Sales of General Motors cars and trucks produced in United States
and
Canadian
plants during the first six
months of 1949 totaled
1,352,138 units, compared with 1,057,386 units during the corresponding
period of 1948 and with 1,490,817 units in the first half of 1941. '
Regarding the Government's. anti-trust suit filed June 30 against
General Motors, E. I. du Pont de Nemours & Co., the United States
Rubber Co. and others, the report said that GM believes its relations
with
the two
f:rms
"have not violated the
ant trust or any other,
laws and that they have been in the bc.t interests of all—its stock¬
'
is successor to
24,183,114
1,567,062
pfd. cap.
number
•Of
Report for Second Quarter,
Motors products totaled
produce
The
of
A '
-
•
1,567,062
;
27,288,715
taxes—
common
General
the
results
postwar
current
applied, together with other funds, to
...
organized
the
of
is
of steel materials
beams, channels,
*'
,
BUSINESS—Company
corporation
a :
a
The
>
to be
are
existing indebtedness.
HISTORY
783,531
dividend1—
Amt.
tension
"yarn
with
compared
profits
do,"
the
motor
'
'
'
bonus_
outstanding
7.'/^Vv V-vV'
appraising
"Sooner
of Lincoln, Neb., on June 24 of¬
of
6%
first preferred
stock : at
shares
783,531
foreign
common
and with $2,234,705,927
ear'ier
to
Steel Works, Inc.—Preferred Stock Offered
2.500
87,898,417
;
un¬
earned
Avge.
':.V:
on
the quarter totaled 791.5v6 units,
for
First Trust Co.
fered
1,711,596,126
110,908,868
46,459,257
on
com.1 cap.
from
Co.—Calls $7 Preferred Stock—
Corp.
report
can
Gate City
878,586,345 2,164,366,069
57,424,554
income—,
Com.
holders
speaking,
—The
10,809,258
■___
on
Amt..
aid.
small
is greater than the decline in sales.
element of fixed costs such as those
for
organization, tools, depreciation, taxes, etc., which continue re¬
gardless of volume. There is need of high earnings in periods of high
volume to offset low earnings in periods of low volume in order that
average earnings over a period of time may be at a reasonable level."
Cautioning against projecting volume and profits over a long period
on
the basis of results for the second quarter or the first six months
of 1949, the report pointed out that there were no car model changes
to restrict production during the second quarter and that sales had
benefited from a continued large backlog of deferred demand.
While
demand for General
Motors passenger cars, trucks and Diesel loco¬
motives remains strong,
the report said, sales of Diesel engines for
other purposes have declined somewhat, the supply of household ap¬
pliances substantially meets demand and sales of automotive replace¬
ment
parts have tapered off from
the abnormally high levels of
outstanding
shares
company's
funded
10,228,161
4,498,735
the total of 24.9,457
average, the decline in profits
This is so because of the large
of- years
$70,082,520.
year
$38,124,680
Mr.
redeemed
of
average
Westvaco Chemical prior to the date of merger, amounted to $93,391,428. For the first five months of 1949 consolidated net sales amounted
to
Net
of
quantuat ve
dividends.—V.
sales
the com¬
business, and is
period
a
10 044.992
restric.
and
Divs.
1948, and an increase of
249,886 leported for the previous
25,
outstanding
$100,
during
termined
par.)
Consolidated
to
the
For
the
to
will
stock
par).
amounted
>.
17,
W.
$1,145,554,234 for the second quarter of
for the first six months of last year.
current operations In
terms of dollars,
the report said
recognition must be given not only to the relatively
high level of physical production and employment but to the higher
price level since the war. It emphasized also tnat in times ox high eco¬
nomic activity or exceptionally
good business, profits generally- rise
rapidly both in terms of dollars and in relation to sales.
"When the volume of sales is higher than
the average volume de¬
Net
1948
substantially expanded and diversified its
the major manufacturers of turbine pumps,
Giving
of
June
William
of
since the war.
at
Poeatello, Idaho and
elemental
phosphorus at
phosphorus
from
general
and
company's
capitalization
of
as
25,
pro¬
of
one
stockholders
the
of
stockholders
payable July
quarter in the company's history, reflecting in
any
In
be
4,133 592
12,628,016
1,201,892,084
__
exist
possible by availability of additional steel and other materials and
the resulting fuller use of tools and facilities acquired or constructed
Mitchum,
and
$
where
income
SEC
fruit and
vegetable packing house and processing equipment, canning equipment,
agricultural insecticides and fungicides, and agricultural spraying and
dusting equipment.
Its industrial chemicals, which in the first five
months
of
1949
acounted
for
approximately 28%
of
consolidated
net sales, are distributed to a widely diversified group of industries.
r
$0.19
S.
$
and
of
stocks
period
total
the
over
April
Sales of GM motor vehicles
In September, 1948 Westvaco Chemical Corp. was merged into Food
Machinery Corp. and the name of the company was changed
to
Machinery & Chemical Corp. in order to reflect the expanded
of
profits
the
coupon
Co.
SUBS.)
1949—6 Mos.—1948
$
foreign
exchge.
the
to
1948.
30,
op.
—
equipment
$342,010
ports to more than 435,000 stockholders.
Food
scope
250,591
of
corresponding
25%
accrued
for
underwriters.
as
the
of
including
purposes
and
$1,595,349,652 for the second quarter and1 $2,877,674,126
the first six months of 1949, Alfred P. Sloan, Jr.,
Chairman of the board, and C. E. Wilson, President, re¬
26,545
of
June
(INCL.
obsol.
Deferment
for
$57,410
office
at
with
2,314,478
est., pits., "
1,832,578
Product Announcement—
factories
July
Francisco, Calif,, a registration statement
posed offering of $8,000,000 20-year debentures.
provided
6,000
&
rl.
Employees
increase of
the
1949—Net
Registers With
-
San
be
2-39,619
10
All
-
corporation
Tully
53,129
of
part the continued strong consumer demand for General
Machinery & Chemical Corp.
at
INCOME
1949—3 Mos.—1948
prom. nts.
$0.05
Motors passenger cars
Food
and $732,533,667
1948,
compared
dividend
32,567
39,223
141,641 >
$347,431
$822,715,912
amortiz.
Deprec.
12,773
.
89,742
$104,206
*±,030,981,729
st.iu
$1,344,986,047
5,093,144
discount
1,922,553
General Fireproofing
$206,265
129,669
66,381
the
to
1948,
31,
totaled
CONSOLIDATED
__
exps
and
of
conditions in
instrument,
called
a
tensiometer,"
has been announced by the company'
Special Products Divis on.
Developed by the G. E.'s General Engineering and Consulting Labo¬
ratory, the new device measures yam tens on, and, by
means
of
a
recorder, gives a permanent visual record of the measurement.
It
provides an accurate check on the tension of yarn as it Is wound
on
bobbins, enabling manufacturers to operate under optimum tension
conditions
and
thus
produce a firm, uniform package
of yarn.—
V. 170, p. 304.
V:\,
1946
51,557
sales,
$86,683
obtaining accurate
textile
spinning,
a
new
$206,265
65,580
of
Int.
V
an
date
New
1451.
p.
$570,402
share
General
1947
$293,589
61,773
in
375,079
1948.
amounted
ASSETS—
$351,813
charges.
the
1,602,757,271 1,162,315,842 2,892,217,853 2,255,743,346
chgs., etc.
Selling, gen.
7,428
•
For
346,990
—il
Cost
shares, he said.
Brokers, banks, bank nominees, and other
business
enterprises
total less than 2%
of
all ; tockholders,
while
trustees,
guardians
and
other
fiduciaries
number
about
10%
and
140,004
profit
169,
$562,974
1,468
4,500
377.
Dollar
Net
$164,031
—
outstanding.
for
More
management-:
replaced Martin L.
led the attempt to
also V. 170, p. 302.
1948
$102,741
taxes
on
in
earns.
(net)
tOther income
directors
$370,098
disc,
74,905
_
taxes
company
record
V- (
8,182
expenses
and
1948
$621,463
58,489
21,187
stockholders
705
was
99
income
Operating
8.—
Aug.
$238,936
±._—.
per
169, p.
reported
and
$343,631
1949
$369,999
___.
with
months of
In
employees
400,002
•
Finance Co. of America at Baltimore- -Earnings—
6 Mos. End. June 30—
$622,000,000
and
compare
1949,
Dec.
1949,
30,
OF
Total
taxes-
shares
stock,
Gross
with
1,595,349,652 1,145*554,234 2,877,674,126 2,234,705927
•Equity In
General Electric Co.—Gain in Stockholders—
J
;;■>
opinion of the court. ;
the stockholders elected the
the
the
15
of
.
the
June
sales
U.
also invalidly called and
action taken at the meeting
Straus
have
dividend
1949
_
-
income
Earnings
Supreme
Court
remanded
such disposition as may seem
;'for
Chancery
delivered
former
'
depreciation—
charging depreciation.
income
of
—V.
company's
the
of
at
and
403,743
quarter
averages
30,
of
average
in the first six
June
at
$1,086,680,131
at
SUMMARY
(& Subs.)—Earnings—
—
income
Net
No.
opinion
meeting
with
remitted
way
At the July. 15 meeting
backed slate of directors. One of
II,
the
These
1949.
quarter
second
of
and 381,995
capital
second
an
the
$
$165,499
Federal
The
called
the
was
In
$786,576,707 at Dec. 31,
Net
record
charges
State
'
meeting
court."
Judge Pearson
ta stockholders of
i
depreciation
This notes
'
management
any attempted stockholder
adjournments
is
invalid,
the
ro
Sept.
semi-annual
Total
that
advance
that
to
case
for
income
Other
17, the Supreme Court
it was invalidly held
May
on
in
required
C;';;. i
that
including
proper
held
conclusion
days
10
as
■
Ruling
the
notice
stockholders
bylaws.
held
meeting
Chancellor's
Vice
written
payable
init'al
an
1949, the record date of the dividend
Trench, Secretary, announced.
validly
was
relations
30, 1948.
Inventories
2%%
1693.
167, p.
Chancellor's
Vice
the
eu
management
opposition
the
no
declared
operations before
after
Profit
dly held.
sustained
from
Other
business,
law,
compared
in
There
payrolls
months
quarter
admin,
at
order
the
15,000
1007.
p.
Provision
fields. Formal celebration of the
markpd at the annual convention of
be
Court
Court
share,
per
169,
have
General Box Co.
Wilmington. Del., on July 22 handed
an
op:nion that the annua) meeting of stockholders called for
May 24 in Chicago and adjourned to July 15 by order of Vice Chan¬
cellor Collins J. Seitz in the Delaware Court of Chancery was invalid.
Supreme
d'rectors
cents
down
The
15.000
69,032
newspaper
will
City, N.
Supreme
69,355
months.
working
June
in
Per. End. June 30—
Eversharp, Inc.—Meetings Ruled Void—
The
15,000
Pont's
a
169, p. 2751.
agency
the
21.65
27.16
4.62
4.60
Gearko Inc., N. Y. City—Initial Dividend—
states and
offices
its Board of
48
110
33.69
six
Net
are
some years
ago."
payrolls were $372,000,000 in the second quar¬
the first six months of 1941. Last year pay¬
total
$305,000,000
six
Motors
second
Covered
15,000
407.495
1944
Times
s
that- du,
stockholder
a
and
them
of
Motors
totaled
first
as
years
$727,000,000
General
first
First
1
$15,003
and
the
31
30
investigation
rolls
mum
than
General
ter
10,000 shs.
Prefeired Dividend
324,855
Three Months Ended March 31—
with
underwriters
8,000
the
of
some
medicine and
agents
of
principal
are
Soc.ety's
its
the
since
YEARS ENDED DEC.
stockholders
both
Motors,
more
an
'
250,000
±_—
.._
$505,448-
1945
Anniversary
on July
26 with a record amount of life insurance in force and assets
at an ail-time high, Thomas I. Parkinson, President, announced in a
special mid-year report. Paid insurance in force totals $13,840,527,324
and assets are $5,041,135,915,
Mr. Parkinson stated. Another record
for the Society is the number of policyholders, now totaling 4,200,000.
Since its founding day, July 26,
1859, The Equitable has paid out a
total of $6,677,204,923
to policyholders and beneficiaries. This huge
sum
together with funds currently held to fulfill present policies, ex¬
ceeds by approximately $1,500,000,000 the total amount of premiums
received
$500,000
_
*
—V.
Equitable Life Assurance Society celebrated its 90th
The
par)
_—
1946
of the United
Life
(no
_
1947
V.
Equitable
to
1950
Annual Max
a
Assurance Society
States—Assets At All-Time High—
The
stock
Net Income
204.
p.
FINANCING
PRESENT
1956
250,000
EARNINGS
the Commis¬
and dividends
relatively small amount
Consequently, we are not
faced with any urgent necessity to decide now what to do about the
interest payable to Bond and Share.
We shall use the available inter¬
vening period to study the cash needs and construction requirements
of Foreign Power system in order to determine what action to take."
Share
and
of
1,
—
impound all payments of interest
and Share. The Commission reserved deci¬
these motions and the questions presented thereby, noting that
to
the end of October,
1949, no interest is payable to Bond
to
May
due
TO
annually May 1,
$75,000
$50,000
reminded
report
5
and supplier, have existed
matter of public knowledge.'
"The Government has known of these relationships for many years,"
the report added.
"It made no objection to them when it conducted
for
250,000
Common
by Foreign Power to Bond
sion cn
EFFECT
GIVING
5s due
and
incl.
5'/2% due May 1, 1959
i.
—
preferred stock—6% cumulative (par $100)
Participating preferred stock^-6% cumulative and par¬
ticipating
(par $100)
any
The
his
in
First
defenses, claims or offsets, legal or equitable, with respect to this note,
which might be raised as of the date hereof, with respect to the rank
and status of said 6% debentures in the hands of Bond and Share."
Motions
customer
the
by
Debentures
by
person
done
is
processing
(397)
General
CAPITALIZATION
1955
a
interested
any
further
First mortgage
the Commission.
However, the Commission's order
condition, among others, that authorization for the issu¬
the Foreign Power note
"is without prejudice to the right
rejected
were
while
CHRONICLE
FINANCIAL
&
shop.
own
provide Foreign Power with a means of securing needed cash
ditiously and to facilitate the reorganization of its Cuban subsidiaries.
Various counter proposals suggested by certain
stockholder groups
contained
COMMERCIAL
company
being contingent upon the latter's ability
The purpose of the transaction is
Power
of
transfer
the
investors,
institutional
to
Share
THE
Number 4825
170
•
1
*
<' 1
2,903,530,222 2,621,871^07
taxes, U. S. Govt, securities
pavmeuts, previously Included
from the liability for income
'■
v
■'■
'
*'1M
At June 20, 1949, this consolidated balance
sheet includes
in current liabillt'es and
other liabilities the unpaid
instalments of bo^ds awards of prior vears. Th^rs are included under
Employees'
(2)
bonus:
for bonus for the fir*t six months of 1949 of
unawarded balance of $9,568,795. , At-June.,30,
reclassified on the same basis.
,
Contingent liabilities: There are various claims against the corpora¬
tion and in consolidated subsidiaries in respect to sundry taxes, suits,
the
reserves
provision
and
$35,061,000
an
1948, the accounts have been
.
patent infringements and other matters incident
of business,
together with other contingencies.
to the ordinary course
There is no way of
eventual liability for these claims and contingencies
but, in the opinion of the management and of the general counsel,
amounts
included in other liabilities and reserves on the books of
the
determining
the
corporation and its consolidated
that may be made.
subsidiaries are adequate to cover
settlements
all
Reaches New Peacetime Peak
With
eral
Wilson,
than
more
has
Motors
400,000
reached
President,
a
of Employment—
I "
currently on its payrolls, Gen¬
peacetime peak of employment,. C. E.
employees
new
announced July 27.
quarter of this year is
second quarter of 1948. Gen¬
previous quarter
was
in
the
employees were
on
the payroll, part of them engaged in defense production..
.
.
Average employment for the first six months of this year, Mr.
Wilson
revealed, was 400,002 compared with 381,995 for the same
The
403,743,
eral
average
first
the
United
six
Average
per
weekly
States
$61.63
said that the average hours worked, during
this year by GM hourly rate employees in
40.3.
This compares with 38.9 weekly average
employee in the first six months of 1948.
Mr. Wilson
months
States
hours worked
with
the second
1948;
addition,
the
United
for
highest prewar employment for
any
second quarter
of 1941 when 318,725
Motors'
period in
In
employment
compared with 375,079 for the
for
for
of
was
earnings
the
first
for hourly-rate employees of GM in the
half of this year were $69.52, compared
1948.—V. 170, p. 205. •
*
the same period in
6
THE
(398)
General Public Utilities Corp.—Weekly Output
*I"e
1949
amounted
1.5 %
from
to
ot
announced
was
acoulre
soon
Telephone
Francis
has
H.
entered
firm,
Into
an
transferred
this,
that
in
subject
Telephone
area.
approval
to
Net
the
Gross
stock
its
of
Co.
Telephone
vicinity.
-
income
.
and
Balance
—V.
series
due
$1,326,563
10,268
$1,336,835
Non-callable
to
169,
income
taxes
449,340
:
4.70%
NOTE—On
with
ment
Operating
Operating
Federal
Net
expenses
income
Co.—Earnings—
taxes
$374,143
$5,641,912
3,753
1,613
24,710
bills
Geneva
semi-annually
HISTORY
AND
$375,761
$5,666,622
74,010
74,193
780,673
712,800
2,550
5,918
40,028
30,402
$358,180
$295,650
$4,839,922
$4,227,974
753,000
630,503
$4,036,922
Interest
Other
.
&
$3,597,474
amortization
deductions
force
and
Is
Counties,
Preferred
dividend
♦Earnings
requirements
(prior
made
through
of
stock
said
credit
by the
sale of
May
of
principal
25,
31A%:
of
Cost
subscribers, Long distance connections
with the Ohio Bell Telephone Co.
redemption
first
$43,000
of
bonds,
mortgage
A.
3%%
mortgage
sinking
working
capital.—V.
170,
304.
p.
in
(& Subs.)—Earnings—
returns
and
gen.
from
8,841,759
8,871,548
$1,855,510
$2,647,758
Dr87,339
57,882
$1,768,171
762,724
$2,705,640
1,082,460
$2,771,625
Fed.
and
State
$1,005,447
$1,623,180
$1,608,625
...
425,559
425,559
430.119
share—™
tax
$2.84
$4.53
$4.44
income-
on
bonds
fund
Net
profits for
Dividends paid
Earned
,
—V.
per
169,
on
period..
common
wholesale
prices
passed
it
of 8V2 %,
will
be
its
of
average
was
top quality
announced
the
to
on
company at its office,
12
o'clock
to
'
•
.
until
of
its
A
it
company spokesman said the reductions reflected both th° com¬
petitive situation and expected reductions in the costs of raw materials.
$104 per share
—V. 170,
tificates
will
304.
p.
A
Graham-Paige Motors Corp.—Acquires Interest in Oil
Properties—
\
»
See
Deardorf Oil Corp.
made
be
for
of
noon
5V2 %
1,163,000
West Adams St.,
105
Sept.
arid
not
later
stock
than
Sept.
1949,
29,
upon
Sales
(net)
of
Cost
and
—™
sales,
sell.,
admin,
It
1948
;
1947
$24,294,7608$15,031,100 $12,912,903
1946
$1,457,577
20,460,845
11,353,613
11,360,793
545,043
469,748
K 188,050
Depreciation
Operating
$3,260,0(f4
income.
$3,132,444
♦$627,718
$1,082,361
income™
77,147
41,747
38,146
9,373
Total .income-,.—™_
$3,337,151
$3,174,191
$1,120,507
the
♦$618,345
for
Prov.
for
tax.
per
♦Loss.
of
for
items
until
19,390
on
1947.
'
1-212,000
$1,634,317
$4.17
$4.27
Federal
which
income
tax
tlncludes
?
*
$1,595,467
tProvision
reason
allowable
1946.
UFor
paid
in
years
due
CIO
to
gen¬
possible inventory price
the
of
company's
■
(& Subs.)—Earnings—
Illinois
and
Earnings
1949
charges and taxes
1943
;
«
$4.36
the
Co.—Bonds
interest
#<: ) $6.80*
addition, the corporation realized in the first six monthsnonrecurring profit, after Federal tax, of $1,965,000 from.'
50,000 shares of Texas Gulf Sulphur CO. stdck making a.
consolidated total net income of
$51,442,000 for the first six months
1949
to
of
\
Bonds
in
75-Cent Dividend Payable
Sept.
TJie
director,
Aug.
to
Sept.
15,
pay
on
July 26
10,
1949
declared
to
75
,e
ui
shareholders
on
Sept.
July
l
15,
1949.
this
for
their
Like
use
in
close
of
M
businesst.
been'
has
calendar'
each
payment of
made
were
Jan.
on
1,
income
its
board
effective
of
the
and
A
of
April
1'
•
"•
•
maintenance
Sept.
on
The
1.
voluntary
Executive
in
domestic
general
action
retirement,
of
of
a
member
taken
was
Aug.
on
and
foreign
will
be
its
31,
of
John
of E.
since
and
to
the
at
the
i960),-
together
E.
production
and
bank
tinder
for
Bank,
National
Bank
Bank
will
and
will
fund
renewal
be
or
director'
Bothwell
activities,
has
both'
devoted
direction
activities
the direct supervision
of
interest'thereon
made
new
New
to
are
for
be
used
financing
construction.
York,
for
the
loans,
to
v
and
Chase
30,
of
to
Gulf's
of
Trust Coi, of New York, First
Trust and Savings Bank and City
Chicago amounted to $8,000,000 as of
Guaranty
Chicago, .Harris
and
Trust
Co.
of
CONSTRUCTION
Northern
the
that
initial
Division
$95,000,000.
for
PROGRAM—The
construction
about
section
which
Of this
transmission
program
and
has
for
of
not
the
K.
C.
United
Heald
It is,
of
estimated
the
a
years
new
cost
1949
of
to
generating
the
1953,
company's
inclusive,-
station
for
its
yet been authorized, is approximately
amount, $46,000,000
$30,000,000
for
is for
other
generation, $19,000,000
additions.
is
It
expected
$35,000,000 of such total will be expended in 1949, of which
course,
'
y.y ,y«.
22,871,254
20,700,193
1,175,034
1,113,453
1.086,516
112,225
1,935,875
112,500
.1,726,950
100,000
1,772,000
$2,370,194
$2,200,137
$1.51
$1.21
$1.13
2104.
p.
1948
$2,009,000
466,000
$0.96
$0.78
declared a dividend of 20 cents per share
stock, payable Sept. 10 to holders of record
the same rate as paid in preceding quarters.
July
on
share
capital
common
per
26
capital
common
is
This
Fowler
at
2419.
y
Co.—Employees' Subscriptions
McCormick, Chairman,
employees
in
$2,025,000
576,000
royalties™
&
the
of
two
more
or
years
announced July 25 that of the 70,299
of employment eligible to buy stock
share, 12,251 have taken more than 666,000
of the 1,200,000 made available, an average subscription of 54.4 shares.
More than half of those subscribing were employed in manufacturing
and
at $20
company
raw
materials
a
International Ry. Co. of
:
* Federal
Judge
ganization
plan
the United States.—V.
operations in
170,
p.
305.
Buffalo, N. Y.—Plan Approved
at Buffalo, July 26, approved a reor¬
trustees of the companv and directed
that it be submitted to creditors, who must vote on it by Oct. 14. ^
1
Judge Knox held that the City of Buffalo's $2,031,549 claim against
the
IRC
for
removal
of
rails
and
resurfacing
of track
area
on
street-car
The
should
routes
city
claims
John Knight
submitted by
of
classified
be
The
ment
in
in
notice
a
unsecured
claim.
,y
preference
*
(
over
behalf
of
members
in
all
in
all
court
to
representing
the holders
the
refunding
of said bonds
and
improve¬
said in part:
1
•: ,
which is authorized to
the holders of the refunding mortgage bonds.
'
of- this committee and counsel have participated
ac¬
committee
tively
as
committee
protective
bonds
This
an
Seeks Proxies—
Protective Committee
*
as
requested that its claim be given
bondholders and accident victims,
had
mortgage
the
is
now
the
only
the interested groups, as well
culminated in the filing-of w plan
between
negot'ations
proceedings
committee
which
of reorganization
by the trustees. In these proceedings and negotiations,
the committee took the initiative and was instrumental in
i
(at
Negotiating
compromise
a
of
claims
creditors,
terests
upon which compromise the plan
The
commencement
of
legal action
who
$2,450,800
are
active
in
Robinson
of
reorganization.
These
the previous
bonds
should
between
various
classes
of
of the Trustees was based.
against the Rob'nmn in¬
management to the end that »the
receive no
benefits under the
still pending.
(ci The immediate purchase of new and laiger buses with the object
of substantially reducing operating costs and improving serve.
>
^
The plan of reorganization provides that the refunding and improve¬
ment
mortgage bondholders will receive in exchange for their total
claim
of
$13,265,883
proceedings
of
principal
are
and interest, 96% of all stock to. be
This plan has been approved by the
issued by the reorganized company.
"
.
Securities
not possible at this time to state the exact form the
additional financing will take.
25,158,106
below)-
depletion
share
per
p.
(b)
revised
1947
exps.
Co
directors
the
act
short-
expenditures
payable
200,000
$2,957,035
Ore
rentals
The
payment, of
construction
Such
350,000
1948
1949
shown
items
and
31.
the
at
^
$10,000,000 has already been spent.
in
accrued
1949.
announcement
be
with
case
proceeds
loans
balance
National
interests.
exploration
maintenance
Bonds
-.f,.
PURPOSE—The
committee,
Nelson,
Mr.
in-each
.
June
an
exploration
overall
1979.r
1,
600,000
—$31,338,275 $23,194,351 $25,788,851
other
and
International Harvester
and,
renewal fund or
the sinking and property fund or"
of moneys included in the trust
estate, in each dase
at least 30 days' and not exceeding 60 days' published
special redemption
prices
C.tarting at 1.00.51 July 1Y
notice
including
1935,
the
July
1,200,000
1,200,000
'
1,200,000
respect of investment in
169,
upon
C. Bothwell
finance
following
future, his efforts
and
production
States and Canada
company
the
of
for
due
Auchincloss, Parker &
Redpath
The Ohio Company
Watling, Lerchen & Co.
2,616,000
and
by lot and
the
>
f
production
In
matters
domestic
company's
the
(Suit's
overseas.
corporate
extensive
The
charge
and
as
Vice-President.
Vice-President
been
\
July 27 announced the election
and
27/8s
1,200*000)
1,200,00®
Potreroy, Inc
Shields & Co.—-™—
2,617,000
revenues-:
Aug.
submitted
for
which;
amount at
Schoellkopf, Hutton &
$2,617,000
sold
—V.
application
upon
National
directors
bids
in
169,
The
-''i'?1
Other
of the
income
on
to
property fund or upon application of moneys included
trust estate), at the option of the company, as a whole, or in
the
term
The corporation
100.176.
excess
1949
Securities
1949;
redemption date.
year.
New Director Elected—
to
of
its
and
International Cigar Machinery Co.—Earnings—
investment
on any day prior to maturity, upon at least 30
days' and
exceeding GO days' published notice at general redemntion prions
(starting at .'103.60 July 1, 1950), and will be redeemable for the
share
per
been declared payable Sept.'
to make this dividend avail¬
possible
payments
cents
corporation
beginning
f°rthcoming dividend has
*949 instead of Oct. 1, 1949, in orde/
able to the
tax
the
bid
a
Union
owned
then
the several principal underwriters of
principal amounts of bonds severally to
income
Net
of' its
•/' -*r
it
as follows:
Income-.;taxes (estimated)
•
1949,
yield approximately 2.85%
Co.»
company
1947, investments in Central Terminal
Pierce,
includ.
Sales,
Offered—An
the
of
names
are
Inc.—
and
Earnings
part
in
respective
them
Rhoades
goods
Dalton
not
of
record
1949,
Heretofore the practice of
dividends when declared, at the
,
and
of
of
(not
part by lot,
10—
dividend
a
shareholders
On
3s:
dated
are
the
Loeb,
Amortiz.
i
the sinking-and
•
payable
is
The First Boston Corp. of 100.0299
for
July 1,
redeemable ..(otherwise than
of
1949.
by
bids
and,
company
Merle-Smith™
Depreciation
i
,
a
sale
was, awarded
offer
an
following
which was $3,052,105 in
and
sales
Cost
Corp., 102.254; Halsey,
Stuart & Co. Inc., 102.1399; Harriman
Ripley & Co., Inc., and Glore,
Forgan & Co. (jointly), 102.054; Kuhn, Loeb & Co. and Lazard Freres
& Co. (Jointly), 101.
: :
-
NOTE—In
of
the
construct
yy
issue
included
;
$49,476,000 $77,124;000
share.........
per
would
station
1,
Public Service
requiring
Interlake Iron Corp. (& Wholly-Owned Subs.)—Earris»
Earned
Power
accrued
The
.-;y-i
6 Month; Ended June 30—
earnings after
power
subsidiaries
operating
6 Months Ended June 30—
banking group jointly headed by White, Weld & Co. and
Merrill Lynch, Pierce, Fenner & Beane offered to the
public July 28 a new issue of $15,000,000 first mortgage •
bonds, 27/s% series, due 1979. The bonds, awarded to the;
group at competitive bidding July 26, are priced at 100.50
:
.
_
will
company
maturity.
Net
now
order
an
170, p. 305.
—V.
the
the
issued
SEC
Co.
Net
Aug. 12,.
purchased on
declines, etc.—V. 169,
.v.'.;
.
Gulf Oil Corp.
&
Net
Holyoke, and for Pther corporate
Y YYyy;Y':y
- ,Yfy/'Yy Yy:Y,Y.' <'
,
which
of
Lynch,
M.
—V.
struction cost Is $4,576,000.—V. 161, p. 1543.
Engineering Corp.—Awards SubGlenn L. Martin Co. below. — V. 167,'
■
station
materials
raw
y'
Co., $*750,000. The debentures would be issued Aug.
mature Sept. 1, 1979.
power
bonds
&
authorize
proceeds of which
debentures,
construction
yy
itself
Coffin & Burr,
plan to redevelop a hydroelectric project 011 the Connecticut River at
Holyoke. An FPC examiner's decision authorizing issuance of a license
for the project became final earlier this month.
Estimated overall con¬
adjustment
but not
by
prior
expense
Aircraft
Contracts.—See
p. 2636.
finance
the
1942,
by the
Dick
company said purchase contracts for the debentures have been
executed with Aetna Life Insurance Co. for $3,000,000; Connecticut
General Life Insurance Co., $1,250,009; and Connecticut Mutual Life-
The
,
Grumman
$5,000,000 in 3%
it acquired sub¬
companies operating
years
public utility
disposed of for $6,800,000, the approximate cost thereof. Tn
the company disposed of its transportation properties for $425,-
Carl
-
The
Nil
2103.
P.
of
;
and would
*$981,584
$1.87
is affected
tax
was
shut-down
SAdJusted to $19,719,829 to include
accounts.
to
insurance
$714,886
eral steel strike from Jan. 21, 1946 to March
1, 1946 and International
Association of Machinists' strike from March
15, 1936 through June 30,
1946.
The latter strike was settled and
operations resumed
<special
used
purposes.
343,849
100,000
share..
com.
45.641
147,980
65,761
997,000
conting
•
192,1131,282,000'
589,357
profit™.™
Earns,
by
™„',
inc.
Fed.
lApprop.
Net
55,327
charges
issuance
14,
Fenner & Beane-
Ltd.—Listing—
to
of
and Iowa and railroad and warehouse
Illinois and St. Louis, Mo.
It has since dis¬
Kidder, Peabody & Co.,
Federal Power Commission
the
subsequent
in
'llinois
in
by the consolidation
in the public utility
Corp.
primarily
by
Merrill
to be built on the Connecticut River at
Interest charges
Special
be
has asked
company
bor¬
Missouri
White, Weld & Co
"v:
on
and
securities
in
PURCHASERS—The
Holyoke Water Power Co.—To Sell Bonds Privately—
The
Miscellaneous
announced
was
engaged
were
incorporated
was
and Light
Power
which
organization
be purchased by
rv'^yyYYy.y■
terms
be
were
the
cer¬
tl,897,246
573,911
of
July 25 that the Detroit Stock Exchange has
been granted authority by the Securities and Exchange Commission to
extend unlisted trading privileges to the common stock of this com¬
pany.—V. 170, p. 304.
gen.
expenses-
-surrender
accepted.
preferred stock 'sinking fund of $20,670 has been set aside out
net earnings of the company during the six months period
(or the above purpose.—V, 170, p. Si V
"
'/■■/p.-Yt
,
-
ended-June 30, 1949,
Co.—Earnings—
1949
sale
preferred stock at prices not exceeding
accrued dividends. Payment for stock repurchased
Hiram Walker-Gooderham & Worts,
6 Mos. End. June 30—
will
the
cumulative
the
of
above.—V. 170, p. 106.
Granite City Steel
111.,
Chicago,
tenders for
receive
1949,
26,
the
may
its Mt. Vernon water properties for $737,654, its Cairo electric
and gas and its Mound City electric and water properties fo $1,736,918,
and, in 1947 and 1948, all ice properties except DuQuoin and Chester
were
disposed of for $62,500.
The amounts at which such properties
were
carried
by
the
company
exceeded the consideration
received
therefor
by $4,905,516, $249,940,
$91,222 and $123,085, respectively;
which amounts were charged to depreciation reserve.
The investment
in the remaining ice and water properties, after reduction of related
depreciation reserve, is less than $375,000.
/'j
The company "is engaged primarily
in the production, purchase,
transmission, distribution and sale of electric energy and in the pur¬
chase, distribution and sale of natural gas in the State Ot Illinois.
For 12 months ended April 30, 1949, the percentages of total operating
revenue? of the company, by classes of service, were approximately as
follows: Electric, 80%; gas, 18% ; steam heating, water and ice, 2%.
>
(Walter E.) Heller & Co.—Tenders of Stock—
The
consumer
Under
which
amount
301,
(The) Glidden Co.—Reduces Paint Prices—
The company has reduced the
paints, varnishes and enamels an
on July
23. The price reductions
immediately. " ' • '.
1979 series.
maximum
were
1946,
1007.
p.
commercial
ice and transportation properties.
In 1943, investments in Des;
Electric Light Co. and Iowa Power & Light Co. were soldi
carried
40,292
inc..
tax
for
of June
the company.
In 1945, investments in Illinois Terminal
disposed of for $19,542,207 which, exclusive of tax savings
resulting from the sale, was $27,312,821 less than the amount at which
$2,731,333
Fed.
before
rate
As
acquired during 1948.
divest
RR.
7,277,888
y
exps.____
the
BUSINESS—Company
Kansas,
was
carried
Other income <net)—
Profit
At
for $15,220,000
$31,441,860 $32,329,643 $27,661,462
20,744,591
20,810,336
17.652,242
admin.
issued.
the bonds of the
Illinois
as
investments
April
Moines
1947
and
operations
rediscount
are
operating in
of all operating subsidiaries except Kewanee
water,
1948
1949
notes
will be limited to $10,000,000 upon the issue and
companies
posed
1943.—
,
1,
additional
$1.65
2,182,820 shares
and
which
goods sold
Profit
1956; (b) improvements, extensions and additions to the
company's telephone facilities; and (c) to provide the company with
Sept.
«hie
$1.66
1949
AND
1923,
Illinois,
Co.
14,745 shares
series
of
Selling,
proceeds will be used for the following purposes:
PURPOSE—The net
(a)
first
in
shares)
shares in
Reserve
the
agreement,
company
corporations
stantial
2751.
depts. less discounts,
>
(par
amount
2,461,299
on
allowances
contract
Federal
date
be
will
the $15,000,000 principal amount of bonds of the 1979 series.
18
to
$10).
Upon the completion of this financing
the company will have outstanding no funded debt except the $125,000
common
period—2,182,320
p.
entered
company
borrowings
outstanding $3,000,000 of SO-day 2'A %
April 20, 1949, $2,000,000 of 90-day 21/4%
rowed
shares
2,461,29.9
on
Six Months Ended May 31—
Gross sales and income frcm leased
was
CAPITALIZATION—Company presently has outstanding
of
based
Ilart Schaffner & Marx
<
Ohio.
a
1949.
the
the
at
into a credit agree¬
a revolving credit
evidenced by 90-day
to time during the year and to mature not
The interest rate provided on such notes
the
were
On
The company serves over 3,500
are
169,
stock
common
share,
per
♦Based
incorporated on July II,
in the operation of a telephone system
to! various communities bv Lake
and
engaged
service
time
31,
above
HISTORY
income
Net
V.
t
1948,
30, 1949,
promissory notes
Issued on
promissory notes
issued on May 23,
1.949, and $3,000,000 of 90-day 2Vi%
promissory,
notes
issued on
June
27,
1949,
pursuant to the provisions of said
credit
agreement.
The funds so borrowed will be repaid with the
$4,971,176
(net)
..
1,
BUSINESS—Company
telephone
Ashtabula
July
due
and July 1),
(Jan.
Ohio
in
1921
furnishing
1949;
.
which agreement provides for
proceeds of the sale of
Balance
1964. Denom., $1,000 and $500.
Savings & Trust Co., Geneva, Ohio, trustee. Interest payable
1,
v
5,000,000 shs.
which
from
Dec.
1%.
in
there
Z>rl0,021
$434,740
income
of
16,
banks,
under
renewable
V4
is
$4,981,197
$430,987
revenues
Dec.
five
than
later
1949—Month—1948
1949—12 Mos.—1948
$1,927,229
$1,796,737 $23,487,599 $20,850,512
1,338,580
1,285,679
15.637,633
13,620,42)
157,662
156,915
2,203,004
2,243,892
revenues
oper.
Other
Columbus, O., is offering $125,000 3^4% first
July
'
200,000 shs.
1,916,805 shs.
i
(no par)
$25,000,000
notes
mortgage bonds, series A at 101.75 and interest.
Dated
1,233,000
9,000,000
$1,233,0G0
9,000,000
1,000,000 shs.
'Additional bonds of
the 2%%
series due 1976, 3 J/s %
series due
1978, bonds of the 1979 series, or of other series, may be issued under
mortgage-upon compliance with the terms thereof.
business.
Ohio Co.,
1959
Electric Co.)
pfd. stock—
cum.
Common stock
7
,
5%
underlying
(closed)
due March 1
Skg. fund debs., 2%% due 196S__„™.
Serial pfd. stock ($50 par)
$664,822
$745,250
surplus
Gulf States Utilities
Offered—The
Co.—Bonds
Telephone
(Ohio)
1979—
(St. Clair County Gas &
1991.
p.
Applicable to
Geneva
;
-
bonds,
mortgage
245,925
426,083
254,013
~-i
State
Period End. May 31—
about
owns
* series due
;
$45,000,000
15,000,000
15,000,000
1978™.
of
these
While
1976™-™-
the
companies arc relatively small, they will
form an important link in Associated's present properties.
When the
purchases and transfer are completed, Associated Telephone, the larg¬
est
independent operating telephone company in the United States,
will have more than 360,000 telephones.—V. 109, p. 2418.
and
(net)
deductions
own
Home
due
2%%
1948
$5,381,498
4,054,930
$1,448,G23
scries
Outstanding
'
'Unlimited
-
3Yb%
$1,434,703
13,920
revenue
Income
of
lor
w'll acquire all of the outstanding shares
stock of the Santa Paula company in exchange
5%
prelerred stock, 1947 scries.
Authorized
bonds
FINANCING
PRESENT
TO
EFFECT
GIVING
'
;
1
First mortgage
,
..
1949
$5,906,518
4,471,815
etc.™__
revenue
Federal
5,700 telephones in four
exchange areas, namely, Oxnard, Camarillo, Port Hueneme and Thou¬
sand Oaks.
Santa Paula has about 2,600 telephones in Santa Paula
Oxnard
since
4.40%
and
Telephone
capital
par
shares
CAPITALIZATION,
respect to overseas
1945.—'V- 169,
with
Vice-President
"
General
Oxnard,
common
Associated
$100
of
case
par
operating
Non-operating
Telephone will issue shares of f<s
preferred stock, $50 par value,
in exchange lor all of Oxnard's outstanding shares ol $100 par capital
stock.
Transfer of the property to Associated, subject to the approval
of
the California Public
Utilities Commission,
will be consummated
through the issuance of additional Associated common stock to Gen¬
eral Telephone Corp.
In
$20
Bothwell
Mr.
Gulf
a
'
Operating revenues
Operating expenses,
that the property will he
Co., Ltd., General Telephone's
Telephone Co., Ltd., has con¬
California Public Utilities Com¬
property directly,
f
,
Associated
of the
mission, to acquire the Santa Paula
tracted,
assist
Years Ended May 25—
planned
is
it
Associated
to
subsidiary
to
been
Gulf Public Service Co., Inc.—Earnings—
in Southern California and both now owned by
General Telephone Corp., the parent company,
agreement with Mr. Crosby to acquire the Oxnard
following
and,
has
♦
Home
Oxnard
Co., both
Crosby.
continue
He
2%%
,
28 that the General Telephone System
Telephone Co. and Santa Paula Home
July
cn
will
2642.
p.
Corp.—Expansion in California—
General Telephone
It
will
also
operations.
1949
Monday, August 1,
CHRONICLE
FINANCIAL
&
or
last year,—V. 170, p. 304.
corresponding week cf
the
who
—
July 22,
tnis corporation for the week ended
111,839.128 kwh., a decrease of 1,8«<V458
output
COMMERCIAL
<
•*
-
.
The
&
time
have-the
Exchange
is
now
at
Commission subject
hand
largest possible
when
it
is
to
certain amendments.,
desirable
that
this
representation'of bondholders in
r
committee
order that
be further strengthened in the matters which have to be
immediately, which include
'
'
Pending court proceedings for the approval of the plan with
amendments, and all subsequent proceedings required for putting the
plan into effect.
(b)
Negotiation with and threatened litigation by
the City of
Buffalo in respect to its claim against the company for approximately
it
with
Period End. June 30—
w
(a)
$2,000,000 for the repaving of streets.
(c) The nomination of bondholders'
<■
>;
V ;
.
Railway
Railway
income
Other
facil.
Further proceedings to determine to what extent the holding of
Mortage bonds by the Robinson interests shall be sub¬
ordinated, and their liability, if any, to the company.
<
, ;
Therefore, the committee asks all bondholders who have not signed
ry.
(d)
<
of The
D. MacFarlane
Chicago,
Chicago, 111.), and Stanley Stanger (Chairman of Guardian Trust Co.,
Montreal, Canada), with Joshua Morrison (39 Broadway, New York 6,
N.
Y.)
as
Secretary, and Scribher & Miller of 40 Wall Street, New
York 5, N. Y., and Hellings, Ulsh, Morey & Stewart of 505 Iroquois
Building, Buffalo 2, N. Y., as counsel.—V. 169, p. 2529. , '..
Harris
of
Snyder
N.
(President
Cement Co., Inc., Buffalo, N. Y.», Henry
(Vice-President
of
First
Securities
Company
of
1949—Month—1948
$3,076,513
expenses
taxes—
143,000
Dr).
177,652
(net
rents
(net)
ment
costing $8,306,372.59, ttnd which is now being used by the comr
Under various conditional sales agreements, delivery of such
Security for the certificates will be standard-gauge railroad equipequipment was! made Over a period commencing March 10, 1948 and
pany.
Wos.—1948
1949—6
$3,362,826 $19,889,057 $19,747,629
h789i324 11,167,551 10,655,434
455,000
2,050,000
2,495,000
150,000
993,000
1,058,000
114,022
1,096,878
750,514
Cr2,294
JDr28,378
Drl0,965
1,306,601
275,000
Dr6,858
income
oper.
EARNINGS
:
OF'
$667,402
$856,774
LOUISIANA
ending May 28,
Aug. 1, 1949 is
of
500
Railway
Railway
;
&
$4,570,663
ARKANSAS
RY.
See
$4,760,303
Other
1949—Mcnth—1948
$1,750,184
$9,159,921
$9 754,839
expenses
945,375
130,500
81,337
38,051
963,856
230,220
5,891,775
799,500
1 226,920
126,827
483,484
328,188
Dr)
17,310
13,919
90,977
96,400
income
$257,698
$339,365
$1,565,997
$1,689,286
taxes-
tax
accruals
Equip, rents (net Dr)
fac.
Net
—V.
rents
ry.
(net
oper.
City Southern
75,997
170,
period.—V.
507,166
303.
p.
excluding
After
the corresponding
306.
p.
655,497
Lustron Corp.—Gets RFC Loans—
The
RFC
has
making
305.
p.
170,
responding week last year, a decrease of 19.2%.
sales to other utilities, local sales increased 10.9% in
5 ,579,570
the
housing
170,
above.—V,
Ry.
Electric output of this company for the week ended July 21, 1949,
totaled 35,986,000 kwh. as compared with 44,521,000 kwh. for the cor¬
1949—6 Mos.- -1948
$1,470,271
oper.
income
Earnings Statement—
Kansas
Louisville Gas & Electric Co. (Ky.)—Weekly Output—
revenues
ry.
The depreciated cost of such equipment as of
This equipment consists
locomotives; 10 passenger train
1949.
estimated to be $8,150,897.55.
c&rs;
CO.
oper.
Federal
Jt.
cOal
16 Diesel-electric
and 400 hopper cars.
cars;
'(Separately-operated subsidiary)
Period End. June 30
the committee may
in these important
Portland
Federal
CHRONICLE
June
Net
Refunding
concluding proceedings.
The
committee
consists
FINANCIAL
accruals.
tax
rents
Joint
of Directors.
proxies in its favor to please do so now, so that
have the strongest possible voice in their, behalf
&
revenues
oper.
ry.
Equip,
Board
representatives on the
opfer.
Federal
:.
■
COMMERCIAL
Kansas City Southern
Ry.—Earnings—
may
dealt
f
THE
Number 4825
170
Volume
concern
loaned
$2,000,000 this month to the corporation*
lending agency's stake in the prefabricated
$34,500,000 so far.
government
_
Kansas Gas & Electric
International Telephone & Telegraph Corp.
(& Subs.)
—Earnings—
Months
3
Net
sales
Cost
of
Oper.
1948
1949
and
exps.
$1,067,812
taxes—
ing capital.—V.
$979,130 $12,869,253 $12,253,581
757,795
9,839,000
9,191,641
806,383
—
-
Net oper. revenues
Other income (net)
$261,429
$221,335
$3,030,253
earnings
gross
_
selling & general expenses
Maintenance and repairs
Operating,
U..
income
Federal
S.
Other
(incl.
taxes
"Provision
Balance
Profit
foreign govts.,
:
__
$2,401,559
charges
$2,580,980
,—852,552
222,353
earnings before interest & other
of subsidiaries—.
Interest charges of parent company—
charges
Net
income
of
$3,080,383
830,362
230,294
of
and
$1,273,089
sold
goods
OF
COMPANY
PARENT
515
34
2,389
$261,944
$221,369
$3,032,642
$3,072,598
50,227
76,468
753,257
1,158,214
$211,717
Other
income
$144,901
$2,279,385
$1,914,384
520,784
520,784
Gross
earnings
and general expenses
(including foreign taxes
Admin,
"Taxes
and
interest
June
$1,758,601
$150,000
14
Balance
—
$1,574,944
696,443
treated
Total
V.
Net
196,529
was
Interest
$733,876
333
-
222,353
$733,151
230,294
$533,430
$502,857
$755,783
-
-
for
required for U. S. Federal income tax.—V. 169, p. 2753.
provision
Off—
Interstate Department Stores, Inc.—Sales
The
$4,780,635
It
adds
in
Utilities Co.—Registers With SEC—
The company July 26 filed a regi tration " statement with the SEC
proposing
the
public sale of 80,000
shares of series cumulative
preferred stock (par $30) and convert.ble on or before June 1, 1959.
be
Boston
First
bank
che
of
financing
loans
of
expenditures
$2,900,000
for
stockholders
this
terms
for
estimated
170, p. 206.
in
and
part
in
to
are
to
repay
construction purposes.
Con¬
at $3,000,COO
for
1949 and
date
also V.
(see
d:rectors
169,
p.
2420).
on
share, payable Sept. 29 to holders of record Sept.
169, p. 2753. ;
per
1949.
12,
(The) Johnston Mutual Fund, Inc.—Earnings—
Three Months Ended June 30—
Income
Net
Dividends
At
of security profits
(excl.
payable July 20—
sales of securities
-562
$2,926
3,573
2,513
366
;
*4,311
appreciation of
investments
£rl4,705
18,014
June
30,
with
169,
$24.23
authorized
capital
stock
was
200,000
shares,
17,892 shares were outstanding.
per share on June 30,
March
on
2643. "
p.
31,
1949
and
1949 was
,
$27.23
on
$23.42
June
as
30,
com¬
1948.
;
Water
Joplin
Works
Co.—Bonds
Placed
Privately—
22,1949 company issued and sold privately1 to in¬
stitutional investors $1,650,000 first mortgage bonds,
Series A, 3%%, due July 1,1979. On the same date, com¬
pany redeemed its outstanding $1,100,000 first mortgage
5% gold bonds, Series A, and paid its 10-year 5% notes
in the amount of $107,000.
'
The
called for redemption on Aug. 22, 1949 at 105
$1,100,000 outstanding first mortgage 5% gold
1957. Immediate payment will be made at The
Chase National Bank of the City of New York, successor trustee, 43
Exchange Place, New York, N. Y.—V. 170, p. 305.
company
interest
series
all
A,
has
its
of
due
Kings County Lighting Co.—Sale of Stock—
Smith,
its
Barney
&
Co.
announce
that,
as
agent
for
a
„
number
of
clients, it has purchased from Long Island Lighting Co. 32,252.88
shares
of
common
stock
of
Kings County Lighting Co.
The purchase
involved
$165,457.
!Long Island Lighting
of
Its
stock
received
for
interest
the
'
Closing—
the
in
Kings
was
under orders of
Kings County
County stock
the (SEC to divest itself
The only other offer
Lighting.
submitted jointly by David
Co., who offered $5.05 a share, as against
J.. Greene and H. Hentz &
the winning bid of $5.13 a share.—V.
was
170, p. 306.
of
and
"Title
a
Insurance"
of
Title
complete
Connecticut.
direction
been set up.—V.
170,
p.
1949—3 Mos.—1948
Harry
Operating
loss
of
$148,407
extremely
;
.
$984,688
in
mild
A
Title
the
first
quarter
throughout
$725,991
"Net
loss.
$1,513,393
of
the
anthracite
selling
when
1950
President,
that
1948
$788,621
*396,780
V'""
•'
operation
and
should
will
operation
be
beginning to
are
be
fully
dieselized,
realized
Robert
appear in
by early
V. White,
reported.
Although
showed
entire
taxes
income
of
Navigation
$514,638
would
Coal
Co.,
wholly-owned subsidiary,
Mr. White estimated that
a
the half year,
for
than
more
break
even
result
of
profits
during the remainder of the year.
He pointed out that
during the last five months of 1948 the coal company earned $527,484.
—V.
170, p. 7.
he
as
a
expects
Lehigh Valley RR.—Plan Effective Aug. 1—
The
York
New
Stock
received
bfeen
effective
date
dated
June
23,
Exchange
announced
Aug. 1,
1949, has been
Readjustment Plan of this
Order
1949.
July
on
that
the
of
Supplemental
Other
the
of
Upon
Interstate
exchange of
6,507
90,929
42,582
13,372
174,715
144,827
13,081
12,782
155,638
146,248
that
15
established
company
Commerce
bonds
res.
—
taxes
-
12,879
74,202
13,748
44,770
35,006
$517,352
$440,068
in¬
& exc. prof, taxes
4,758
income—
oper.
income
5,134
Gross
$50,835
(net)
i.
,
$36,972
4,577
Dr435
y
..
income
Income
8,118
...
20,444
;—
,,,,
$48,524
deductions
Net
$31,161
15,707
12,118
—
income—
Earns,
—V.
$417,212
167,129
$281,573
114,050
$250,083
$32,817
$19,043
stock (150,000 shares)
share of cap.
per
pursuant
notice
as
the
pursuant
Commission
to
the
170,
$167,523
$1.12
$1,67
7.
p.
(Glenn L.) Martin Co.—Awarded Sub-Contracts—
C.
C,
Pearson, President, on July 25 announced that major sub¬
totaling $6,651,000 for the manufacture of parts and assem¬
S. Navy Grumman airplanes have been awarded to this
company by the Grumman Aircraft Engineering Corp., Bethpage, LongIsland, N. Y.
contracts
blies
for
The
U.
total
planes,
the
tooling
including the
being supplied
These sub-contracts
stabilizers,
involved
amount
fighter
of
Lehigh
loss
a
company
106,228
4,821
.y,
*514,638
results
company's
the
815,050
142,028
—
Dominion of Canada
SIX MONTHS OF YEAR
$520,770
diesel
from
$1,564,818
904,288
5,196
emergency
General
'
.='
$1,995,664
62,998
16,108
of
Federal
come
1948—12 Mos.—1948
$132,592
57,700
9,155
$0.78
company's con¬
this year—-a direct
-j,/,'
:v.
railroad
1949—Month—1948
accruals
the
to
,
NOTE—Economies
the
2421.
p.
(& Subs.)—Earnings—
$167,462
;—
Retirem't &.deprec.
Fromkes,
$0.38
weather
company as Assistant Vice-President
He formerly was with Industrial
Relations.
revenues
Operation
1949—6 Mos.—1948
in contrast
is
$1.79
303,894
206.
(approximate)tThis
$239,930
$1.67
303,894
.
Personnel
expenses
State
personal
$204,395
$0.93
303,894
Mayer has joined this
Amortiz.
vacations
annual
fins,
for
are
and
nose
In
sub-contracts
value
by
of
the
the manufacture
and
tail
Grumman
on
parts
spare
the
and
F9P
portion
company, is $6,373,000.
of F9F outer wing panels,
Martin
section
fuselages,
the
plus
spare
parts.
The
Martin
received from Grumman another sub-contract
to build engine cowlings for the AF-1 and
2, Guardian, Navy attack
planes, including all tooling, for $278,000.
company
All
this
sub-contracting work is being performed at the Martin
company's plant at Baltimore, Md., which also has a number of Martindesigned aircraft and pilotless aircraft in production status at the
present time.
Included
are
Navy contracts for the AM-1 Mauler,
,
largest,
powerful
most
landbased
long-range
dive-torpedo-bomber,
patrol
plane.—V.
and
170,
p.
the
Mercator,
P4M-1
306.
Plan
holders
will receive fixed interest at the rate borne by each general
mortgage bond from May 1, 1949, to Aug. 1, 1949.
Exchange directs that in settlement of all Exchange contracts
in 4%
general consolidated mortgage gold bonds, due 2003, stamped
modified; 4»/2% general consolidated mortgage gold bonds, due 2003,
stamped modified; and 5% general consolidated mortgage gold bonds,
due 2003, stamped modified, on which interest ordinarily would be
computed through Aug. 1, 1949, interest shall be computed only up
to but not including Aug. 1, 1949.—V. 170, p. 206.
Merck & Co., Inc.—New Director—
consolidated
The
H.
James
Sharp,
Bank of New
York,
June 9, '49 June 3, '48
—
"Operating profit
Reserve for contingencies
$14,448,930 $13,701,312
——
Federal
for
Minority
1,600,000
interests'
Net
profit
—;
Earnings per common share
-
—
$4,729,063
$0.92
$1.00
"Including wholly and partly owned subsidiaries, after subsidiary's
preferred dividends,
tlncluding company's share of the undistributed
earnings of partly owned subsidiaries for the 40 weeks ended June 9,
1949 of $368,613, compared with $661,287 for the same period last
year.
- ■*.? ,'■
•/; ryy/v' ■ '
For
the
revenues
for
the
weeks
12
ended
June
9,
1949
estimated at $43,427,000,
period last year.—V. 169, p.
were
same
gross
Sharp
Perkins
the
sales
compared
1885.
and
with
'
,
sales
Net
Cost
Net
and
issue
was
were:
awarded
Harris,
Eros. & Hutzler
on
a
Hall
bid
&
100.2792
of
Co.
100.1599.
Other bids for the
100.072 for 2'As, and
(Inc.)
for 2%s.
George
President
W. Merck,
July 22.
George
on
W.
the
past year
serving with
1993.
Way 31—
has
been on
leave
of
from
Adminiar
absence
the Economic Cooperation
,
Profit
Net
•
taxes..
$604,720
181,305
$1,200,631
110,000
$23,892
27,180
$786,025
301,200
$1,310,631
490,000
$51,073
33,400
$484,825
451,800
$820,631
451,800
$0.78
$1.07
$1.81
3,435,282
$455,093
1949
$561,780
208,232
$353,548
profit
Shares
1946 ;
$1,103,20$
1,079,313
1948
$4,040,002
3,106,211
106,686
—
income
Federal
The
expertsteJ—-
income
1947
$4,672,381
3,471,750
$3,561,305
;
-
operating: profit-
Other
operating
$43,356,000
Trust Certifi¬
Offered—Halsey, Stuart & Co. Inc. and associates
won the award
July 27 of $5,640,000 2*A% equipment
trust certificates series D, due $235,000 semi-annually
Feb. 1, 1950, to Aug. 1, 1961, incl. The certificates, issued
under the Philadelphia plan, were reoffered, subject to
ICC authorization, at prices to yield from 1.10% to 2.50%,
according to maturity. Associated in the offering are R.
W. Pressprich & Co.; A. G. Becker & Co., Inc.; Otis &
Co.; The Illinois Co.; First of Michigan Corp.; Freeman
& Co.; Wm. E. Pollock & Co. Inc.; William Blair & Co.;
McMaster Hutchinson & Co.; and Mullaney, Wells & Co.
The
a
Martin-Parry Corp. (& Subs.)—Quarterly Report—
Louisiana & Arkansas Ry.—Equipment
certificates
for
while
169, p.
3 Mos. End.
outstanding
Earnings
Salomon
replaces
company
tration.—V.
691,845
$5,160,773
..
director of Grace National
director of Merck & Co., Inc.,
and
elected
Perkins, who resigned to take up
his
duties
as
Assistant Secretary
of State in charge of European
affairs.
Mr.
Shaip is a director of Rome Cable Co., Rome, N. Y*
and of Atlas Steels, Ltd., of Welland, Ontario, Canada.
3,261,000
515,389
taxes
share
been
3,419,404
3,480,000
—
Mr.
1,600,000
3,692,768
...
depreciation
for
Vice-President
has
manufacturing chemists, Rahway, N. J.,
and Chairman of the board, announced
Mr.
Loew's Inc.—Earnings—
40 Week Ended
cates
Calls 5% Bonds—
bonds,
York
$131,522
$0.79
Maine Public Service Co.
169, p. 7.
t$874,398
share
per
of
Reserve
the
1949,
On July
and
under
charges and taxes.
Reserve
profit.
par $1 each, of which
The net asset value
pared
& losses)
from
Unrealized
*N6t
$3,483
$4,423
...
-
profit
lo^s
-
$5,238
815
,
Expenses
1948
1949
$88,533
303,894
Counselors, Inc.—V. 169,
providing
its entry into the
equipped to render
now
New
59,712
303,894
Maintenance
Lehigh & New England RR
Lehigh Navigation Coal Co
26 approved the merger and consolidation
Jefferson Lake Sulphur Co., a New Jersey
July 26 declared the regular semi-annual dividend
of 35 cents
per slMre on
the preferred stock, payable Sept. 10 to
holders of record Aug. 31, and the regular quarterly dividend of 10
—V.
6,
59,712
303,894
share-
2105.
Monotype factory and main
NET INCOME OF SUBSIDIARIES FOR FIRST
to
—V.
is
of
income
solidated
has
cents
the
announced
it
Division
Earnings
future
Net
has
that
Period End. June 30—
July
into
A.
Utility
corporation, to be effective upon the execution and filing of necessary
instruments,
announcement of
which
will be made formally at
a
The
to
29,856
151,947
81,483
Lehigh Coal & Navigation Co. (& Subs.)—Earnings—
the
toward
part
29,856
151,947
period-
com.
Director
Relations
$1,310,615
Sulphur Co., Inc.—Merger Voted—
on
corporation
betterments
are
1950.—V.
Jefferson Lake
The
underwrite^ The
underwriting
applied
be
to
and
incurred
$1,143,780
struction
of
and
price
are
additions
con.truct'on
of
offering
amendment.
by
Proceeds
is named as the principal
Corp.
public
rate,
supplied
cost
87,703
1949
Iowa Southern
The
that
Sept.
15
26,
newly elected President, ha.
"Net
$605*536
McQraw-Hill Publishing Co., Inc.—New Official—
1947
$1,306,267'
305.
170, p.
dividend
96,308
$1,418,555
counties
all
$568,001
(see
<
169, p.
and
1948
premium-
July
on
1
—V.
1949
(tons)____
Aug.
corporation
Service
territory.
1949—Month—1948
1848—5 Mos.—1348
$5,466,016 $24,041,169 $25,811,687
Period End. June 30—
close
$313,325
stock
—
for
per
Kurt
Operations—
Lawyers Mortgage Corp., N. Y. City—New Activity—
result
Sales
sinking fund bonds, filed with SEC
has been withdrawn.—V. 169, p. 2753.
the company's employees.—V.
"After
"No
—V.
£>r725
■
income
Net
$755,450
(net)
charges
mill
announced
will
346,000
$270,336
shs. outstdjk- (net) :i
Corn.
169, p. 1780.
field.
interest charges,
before
income
by
including
recovery,
327,000
$1,393,600
6%
Three Months Ended June 30—
$1,709,070
778,665
—
—-
foreign exchange
en
convertible
(under regulation A)
ore
$835,001
182,000
quarterly)
stock
com.
Surplus
Lake Shore Mines Ltd.—Mill
Dry
$949,636
$495,325
158,000
—
pfd.
(1 VzVc
Earned
The
1949—6 Mos.—1948
1949—3 Mos.—1948
taxes—
earnings
Divs.
306.
p.
Insurance
Profit
Net
(Earl E.) Knox Co., Erie, Pa.—Issue Withdrawn—
735,283
123,051
;—
requirements
Balance
offices
dividends,
on
dividend
170,,
work¬
de¬
income
—V.
for
were
est.
for
income
below)
It
$973,787
fees)
management
provision
Fed.
Less—Divs.
Net
Preferred
each)
$1,000,000
$428,336
Period End. May 31—
$955,778
-
other
(net)
Lanston Monotype Machine Co.—Vacation
1948
—
and
ductions
ONLY
619,166
subsidiaries
from
income
in
1949
3 Months Ended March 31—
Income
included
*
respectively,
$1,099,454,
above.
ACCOUNT
INCOME
$2,019,727
$1,506,075
-
-
"Exclusive
cost
Dr325,039
Gross
Interest
$3,405,422,
179,421
(net)__
exchange
Net
Total
etc.)
1,529,220
1,087,578
$15,581,239 $15,735,861
7,426,135
7,276,827
1,310,202
1,134,664
16,000
102,000
3,225,448
2,733,544
1,201,895
1,083,404
:
—
foreign
on
to
depreciation
for
—
tax
taxes
6,554,208
.
-
Total
$7,921,216
6,285,425
$7,939,453
profit on sales
—
Telephone and radiotelephone operating revs.—
Sundry dividends, interest, advisory fees and
royalties,
etc.
of
MacAndrews & Forbes Co.—Earnings—
Earnings after deduct¬
ing all expenses
$3,061,940
10,658
Less
Gross
two
were
1228.
p.
Period End. June 30—
$44,340,259 $41,392,383
36,400,806
33,471,167
companies)
sold
(there
169,
1949—12 Mos.—1948
and $2,971,659,
$2,842,276
affiliated
to
goods
1949—Month—1948
Operating revenues
March 31—
Ended
(including
respectively,
Period End. June 30—
The new'loans
Co.—Earnings—
per
—_
share——
company
■
.
$17,673
451,800
451,800
.
$0.04
announced that costs of moving the York manufactur¬
processing the operations at Toledo,
the quarterly statements of income.
ing facilities to Toledo. Including
have been currently absorbed in
CONSOLIDATED
BALANCE SHEET,
MAY 31,
1949
bafiks and on hand, $2,373,322; accounts recehp*
for doubtful accounts of $231,634), $4,483,143.
S. Government sercurities, $188,000; inventories, $3,592,131; prepaid
ASSETS—C&sH
able
U.
(after
In
reserve
$140,422; property, plant and equipment (after reserves for
depreciation of $844,311), $2,245,774; patents (net), $72,748; totaj,
expenses,
$13,095,539.
payable and accruals, $1,077,271; provision
$1,870,951; notes payable, $128,000;
$112,950; balance on purchase of Toledo plant,
$359,500; reserve for contingencies, $147,783; other reserves, $119,899;
capital stock (451,800 Outstanding shares of no par value), $2,491,931;
capital Surplus, $172,533; earned surplus, $6,614,720; total, $13,095,539.
—V. 169, p. 1670.
LIABILITIES—Accounts
for
Federal, State and lochl taxes,
dividend
payable,
*
», (400)
THE
diction
(The) Mead Corp. (& Subs.)—Earnings—
12 Weeks Ended
June 12/49
Net
sales—less
Cost
discts.__
sales
of
Selling
&
exps—
Operating profit
Other
$1,269,776
$2,481,540
$3,498,618
natural
45,305
131,433
income
The
gold
$1,356,935
$2,526,845
$3,630,051
$5,028,474
570,225
532,864
1,173,921
1,055,249
106,968
87,134
212,869
279,675
730,333
893,434
173,229
1,498,744
$400,066
—
Int.
&
exps.
Fed.
&
State
Earns,
inc.
$1,176,463
$1,349,827
Cr2,210
$2,301,252
Cr2,233
$1,352,037
223,741
$2,303,485
taxes
Minority
Net
Divids.
pfd,
on
Cr4,401
_
311
$404,467
$1,176,152
111,516
_
114,489
shares.
of
Com.
shs.
Earns,
—V.
for
com.
170,
$1,128,296
716,194
$2.93
,
206.
p.
The
•
,
stockholders
subscribed
convertible
maining
to
Proceeds
will
taken
be
be
at
shares
.
.
Period End, Mar. 31—
Grosi
fr
earns,
.
6%
par)
shares
no
z
Oper.-exps.
deprec.
1,544,142
in-. 1.
operating
tMonthly
ing
fund
bonds
income
$250
each
on
be
made
be
1
paid
4,559,322
charges
deb.
available
bond,
but
the
and
result
of
185,000
the
543,000
payment
1949
devaluation
of
the
of
is
made
the
for
at
monthly
with
took
place
average exchange rate
for March,
1949 was
dollar as compared with 4.86 pe^os to
the dollar
V. 170, .p. 103.
■
-
v
in
6.97
in
and
1948,
(
New
York
series
Trust
Co.,
New
York,
agent for $2,500,000
paying
due June
N.
Y.,
1948.—
first
1, 1979.—V. 170, p. 206.
been
mortgage
:vzZz'Z>;-
appointed
bonds,
Each
redemption
date
set
is
for
Oct.
on
convertible
1, next, at $45
into
redemption.—V.
four
169,
of
the
this
week
ended
corporation
9,426 000 kwh.,
V. 170, p. 306.
July
amounted
11.4%,
or
over
per
of
share and dividends.
stock
common
1336.
issues,
shoe
store
in
Center,
it
was
chain
the
new
in
now
and
System
and
input
Son
of construction
recently announced.—V.
169,
in
*
July
The
appl:cation
of. the
volved
plan
holders
to
is
its
on
filed
was
Interstate
amount
The
filed
25
interest .accumulations
$350
the
the
Commerce
$1,000
per
New
Plan
ICC
plan
a
mortgage
Act.
At
that time bondholders
views.
A
large
majority
of
were
the
asked
responses
which
•
-
;
a
in
It
1950
based
also
as
amount
of
aaju^tment mortgage
which
rare
to
be
1949
$4,744,553.
of
This
is
tares
available
shSnUffrer8;,n?
uking fund,
net
of
debentures
Income
as
to
in
to
the
unless
The
amount
new
debentures
plus
accrued
maximum
.-there
of
into
-
a
mature
interest
Jan.
on
60
all
the
callable
p.
C°.
—
Stock
Subscriptions
stockholders subscribed for
32,365 shares
stock (par
$1) at $12.50 per share out
of
a
T,,welA The
Sedi2oin °"e"for~f°ur basis.
Uty 14.
18,819
Dakota
denied
the
common
,
Baker,
Co.
in
proceeds
and
and
been
quarters
Dec.
paid
of
in
1949
a
on
in
will
be
used
extension
by
of
the
the
of
provisions
z»
.
,
the
facilities
year
and
realized
from
EFFECT
TO
1944,
.
line
of
^
.
;
,<
-
.
expires
with
T-
;
'
company
>
'
-
was
-
service
has
been
the
Island
of
to
this service
the
are
that
connected
by
any
of
wire
.furnishes
offices
by
this
Z
the
/
Z/
six
principal
islands
board
of
summer
T.
in
of
directors
if
of
the
proceeds
residual
any
the
cash
with
the
the
to
will
will
company
be
be
protection
stockholders.
distributed.
completed
of
OF
as
of
INCOME
1948
1S47
$43,538
82,864
134,653
$35,634
exception
&
:Z Z
of
Light
34,146
Co.,
shares
National
of
has
;/'
$91,112
common
stock
dividend
no
Dec. 31'48
equity—Subject to realization
values
stated
in
balance
of
Dec. 31, '47
■
sheet
$11,134,593 $11,172 681
v.z.,
from
(&
.AO'Zv
Z:
../;t,:;
1949—3 Mos.—1948
1949—6 Mos.—1948
and
oper.
int.
from
and
$26,522,785 $18,559,523 $57,292,096 $38,587,166
and
deprec.
5,673,367
—
4,705,962
10,524,617
9,012,559
628,572
20,270,000
profit
$11,115,132
outstanding—. - 2,453,900
per share___
$4.53
"After
s.
Subs.)—Earnings—
314,286
Net
<
628,572
12,920,000
$7,364,275 $25,868,907 $16,026,035
2,230,817
2,453,900
2,230,817
$3.30
$10.54
»
$7.18
deducting cost of sales, selling and general expenses.—V.
1887.
of
paying
2531.
p.
for
In
at
interests
the
$47,230
the
&
Memphis Generating Co.
satisfactory prices are obtainable
6,175,000
p.
,
'
;
;Z-
„i
.
-zZ.
,
169,
,
:-Z.
..-.:
t
>
/
•
A
electric
new
j
July
25
The
ol
26-inch
pipe.
pipe
mill
will
will
and
provide
for
be
annual
an
constructed
Pa., it was
Z
Zz'
larger diameter electric
the
on
;
,
capacity
welded
at
announced
of
and
100,000
expanded
construction
The
facture
-
The
new
of
of
the
new
diameter
large
mill
electric
represents
a
return
to
the
manu¬
welded
pipe in the McKeesport
beginning of the war, this
type of pipe had been made there, and at that time the electric weld
pipe mill was dismantled .and replaced by facilities to manufacture
ordnance materiel such as shells, bombs, and rockets.r-V. 166, p. 1582.
producing
area
of the
Until the
company.
v
New England Gas & Electric
*
For
v
-
~
the
-
week
15,327,085
This
is
decrease-of
a
cu.' ft.
114,257,000
5,899,000
the
for
307/.
England
cu. ft., or
5.16%. below
corresponding week a year
/,_ 7:Zz;"Z;z.
New
of
a
Association—Output—
ended July 22, this association reports electric output
kwh. This is a decrease of 416,372 kwh., or 2.65% beJow
production of ■ 15,743,457 kwh. for the corresponding week a year ago.
Gas output for the July 22 week is reported at 108,358,000 cu. ft.
of
around
tioned in
production
ago.—V.
z~
<z.z
Power
of
170,
Co.—Bonds
Offered—As
men¬
issue of July 25, Halsey, Stuart & Co. Inc.
our
'
(as sole underwriter) offered publicly July 22 $5 000,000
Hawaiian '>
first mortgage bonds, series C, 2%%, due 1979 at 100%%
and accrued interest. Further details follow:
telephone
«
central
the
facilities
new
tons
steel
in >'
/'
vehicles
steel
pipe will be produced in 40 foot shipping lengths.
facilties,. Mr. Goble said, will enable this company to
/
compete in a wider market, particularly in large diameter pipe for
oil and gas pipe line construction.. Construction of the mill will start
/
immediately and production. of pipe is expected by March, 1950.
■
and
welded
National Works at McKeesport,
by John E. Goble, President. J Z
company's
net
>
offices
Z/'iZZZ;
Dated
-
$385,000—
is
in
for
"
'
and
was
about
up
nearly
10%
over
of
the
20%
board, said National
May. Traffic thus
l
brought
single day. Travel agencies also booked
during June.
sounded an optimistic note for the
remainder
a
summer.
'
achieved
the
field,
of
of
noted
the
lowest-break-even
despite
maintenance
service.—V.
also
170,
of
p.
fact
that
National
I
■
has
load factor in the major
scheduled
maintaining a position among the top spenders
aircraft, food and other features of passenger 1
307.
;
.
.
.
„
case.
proceeds
from
the
of
sale
shares
of
common
stock
$4,000,000,
aggregate
letter
the
'
•
directors
due July 1, 1979. Bonds will be
as a
whole or in part at any
and after deducting expenses estimated at $63,000), estimated
$4,937,000 will be used, to pay borrowings under a bank
agreement, aggregating $5,324,700 evidenced by notes due May
31, 1951, on which interest is presently being paid at the rate of 2%%
per annum and the balance will be used to reimburse the treasury for
construction
expenditures or to pay for
future construction work.
Such borrowings are
payable in varying amounts to First National
to
record
„
board
1949;
company
interest
new
a
National
1,
England Electric System, parent of the company, in the amount
have been used, and to the extent necessary the net
proceeds from the sale of the series C bonds
(exclusive of accrued
of
July
of
PURPOSE—The
over
June.
option
to New
'
Chairman
July
redeemable at
time prior to
maturity on at least 30 days' notice at the ordinary redemption prices,
the initial ordinary redemption price being 103.50; bonds will also be
redeemable on July 1 in any year through operation of the sinking
fund and through application of certain
release, insurance, eminent
domain and improvement fund moneys and certain other moneys re¬
quired to be deposited with the trustee, at the special redemption, the
initial special redemption price being 100.62 plus accrued interest in
the
each
right around the break¬
June
running
record
Baker
v
in
season
President
business
July
business via
for
eastern
Power
of
—
Power
stock
at
168,
Shares
_
Inc.—Reports Profit
mid-July.
Baker,
passenger
Mr.
in
Pennsylvania
314,286
•>
months
six
point
The
of
9,420,000
trucks,Z through
of
communities
exp.
p.
36
stocks
Z Earnings
radiotele-
receive
may
J
which
Valley Transit Co.,
transportation system
bus
other
Prov. for Fed. inc. taxes
Z/
Hawaii
subscriber
from
Co.
consistent
Int., bond disct. and
'
by radio to the wire telephone
means
Co.,
the
in
.
in
in
is
depletion
■'
750,000 shs.
arrangement
service
re¬
a
Lehigh
and
stock
distribute
liquidation
as
the
and
dividends
' 150,000 shs.
of
>"/.
and
Generating
station
—
of—
Prov.
150,000 shs.
company' in
this
telephone
telephone
on
and
loss
These
furnishes
busses
the
Under
and
company
to
automobiles,
initiated
Oahu.
sell
Period End. June 30—
/
v
-
to
radio,
on
of
and
common
National Steel Corp.
5,500,000
r
as
'•
income
—V.
incorporated, under
Communications,' Inc.
Memphis
railway
a
VZZZ';-,Z;
of
•
1,000,000
"
z
purposes
are:
generating
stock
expenses
assets
Aug. 31, 1949 and under which
on
tax
National
of
Easton,
the
assets
the
date
a
Common
1948.
$3,000,000
shs.
stock¬
partial
National Tube Co.—To Build New Mill—
.
Bank
stock
Transit
delay,
NOTE—With
FINANCING *
$3,000,000
credit
borrowings.
'
Valley
case
♦Profit
Outstanding ; '-/Z;
to
a
investments.
Z.r^/Zv/Z ZZ'Zz/ZZZ/
PRESENT
used
were
share
"
operates
to
Pennsylvania
the
sale
hand,
per
constitutes
12 Months Ended Dec. 31—
service.
the
of
assets
common
proposes
Total
1949
during
be
on
cents
Federal
year..,
the
of
Total
has
for
company
its
cash
25
•
undue
income
the
for
program
of
distribution
for
STATEMENT
*
BUSINESS—The
telephone
similar
Airlines
far
-
i
since
year
treated
steam-electric
shares
Lehigh
Net
is also engaged in the wholesale
distribution of radios
phonograph records and household r appliances in
the
Territory of
Hawaii, principally as the representative of RCA
Manufacturing Co
—V. 170, p. 205.
" '
;
;
even
Mont,
the
by
ordered
as
stockholders.
year.
company
be
Bethlehem,
34,146
early
share
meeting on July 21 saw
figures on the
National's
history, and a winter season
wiped out more than a
millon-dollar loss and
rolled up a net profit of $385,000.
The corporation is reported to be
operating
aDDlication
dated
under
made
their stock.
common
a
of
and
Allentown,
either
U'
to
$115,000
Otherwise, 'these
dividend
each
every
the
z/zv -v/,Z*/.Zz.Z. /" /■?"?'.
RCA
kw.
owns
without
Of¬
shares
quarterly
with
1949
The
Light Co.
to Sept. 12, 1951, to
each case plus accrued
preferred stock are pay¬
$10)—900,000
with
the
99.92%
(c)
The company
airline
Stock
1,
17.
remaining
Pennsylvania.
June
43,000
Authorized
AND
satellite
The
for
Con/e^enOyV/ltat c°omef wlthlnlhe'jur°£
in
Sept.
have
two
GIVING
present
company
8
which
(
Wyoming.
net
•
of
busiest
In
in
of
June
of
cost
of
about
(b)
prior
new
June,
.
r
Planned
of
which
com¬
end
common
any
tbe
of
use
G.
Line
stockholders
to
has been
City of
Memphis, the entire output of which is sold to Arkansas Power
&
Light Co., Mississippi Power & light Co., and Tennessee
Valley Au¬
thority under contracts expiring in 1958, and under which
Generating
company receives reimbursement of operating expenses and a rental
of
This
the
50,000
a
As
into
on
1955,
the
sold
share.
construction
National Airlines,
ZnS? ThS Se lt
had ™ authority to grent the
Co?f'iem
Jh
a5e plannine a 340-mile line from Pure Oil
Swih niin nre& lninorLhern Wyoming, extending to
Blk
first
group.
The
—
and
were
joint
the
at
total
a
together
July
on
on
should
and
of
100%
(a)
first
1949.
received,
record
principal
owns
con¬
the
and from the
radiotelephone and connecting systems
American Telephone and Telegraph Co. and its
connecting companies throughout the United States and to
telephone systems in other
The
a permit to Montana-
»
r*
the
(par
cooperation
service
face
at
108/
Co—Wyoming Commission
h,as refused
utilises
of
network
total of 51,184
2**8 4Nfiil nqMontana-Wyoming Gas Pipe
CommiSoJI s id last
P?
commission Sin if? week it irom wy°ming to
had
The
were
report
in
owned
30,
15,
no
subscribers
R«uses Permit for
Pipeline to Montana—
The
are
laws
the
pur¬
chased by Edward D. Jones
& Co. and associates
and on
reoffenng July 19 at $12.50 were
heavily oversubscribed.
See also V.
170, p. 108.
Montana-Dakota, Utilities
the
business
bonds:
stock
Honolulu
Rights expired
shares unsubscribed for
protection
so
payment
a
of
duction
made
were
Kingdom of Hawaii on Aug. 16, 1883. The
company
public utility furnishing telephone service on the
Islands of Oahu,
Hawaii, Maui, Kauai, Molokai and Lanai,
Territory of Hawaii and
radiotelephone service between said islands, and certain
ships at sea,
and also
record
communication service
by radioteletype between the
Islands of Oahu, Hawaii,
Lanai, Maui, Kauai and Molokai.'
Company
deben-
...
of
of
1949,
force
time
12,
on
stock
offered.
Aug.
Mobile
on
letter
a
progress
liquidation of the assets of National. The Bureau of Internal Revenue
ruled
that it is, therefore, not taxable as
dividend income to the
public
of
•'
^ililics
of
"
170,
in
—
phone service
adjustment mprt-
1, 1967, but are
days' not.ee.—V.
of
new
June
on
any
3V4%,i dated July 15,
i
restriction
dividends
at
March,
per 'common
now
;
:
in
has
$43,000,000
loans
amounts
make
/ recipients,
a
in
are
secS
of
completion
COMPANY
the
is
nor payments
interest on the
the
The
to
holders
of
Sept.
company has an open
the amount of $350,000 which
'
considerable
and
National
The
the
maturity
that
these
policyholders
July 15, 1964__
E, 3'/4%, dated Aug. 15, 1945,
Common
,
moregage
Preferred stock until
Prevision continues in effect
Jh
inf LCSany!i adJustn?ent mortgage
e^ S"» in\mars ""lg "5 'n'Crm 0n ""
half
insurance
Dividends
common
countries.
mav
of
,
lntereSt 0n the debent"res
may be made
h
however,
policy loans,
*
ba.ed
in
payments
prior
defined
a
in
1975—I——*—,/*.—r f 1,000,000 * > /
Series F, 3'A%v dated Aug.
15, 1948,
1
: due Aug. 15, 1978
5,500,000
a
/Preferred stock (par $10):
ZZ^.Zz'.'"'v
;
Series v A,
4.8%
(cumulative)„„__v
150,000 shs.
Series B, 5% (cumulative) convertible
I 150,000 shs.
/'///
are^Urpri™^yTHbe paido.n
iSntlinlrt
1951
debentures
whicb ic cumulative
the > debentures, • and
the
on
mortgage
due
the
adjustment mortgage bonds
has been paid.
Sk
in
<
redemption
out
of
funded.
fwm
the
instead
on
the
at
additions
Series
aggregate amount of
bond interest coupons dated prior to Jan. 1 1950
aintof S*L°nrthe df>bent«r€stinirini
^
sinking .fund lor am?untzcf
£!o
earnings,
first proposed.
Issuance
of
1% .secured
the
proposes
maximum
on
the
the
due
•
for an expression of their
indicated the terms were
was
payments
Co., Hawaii—Preferred
after
day
company's
Series C,
in¬
,
'
earnings
Life
protection
'v': ';~:Z ""-';z
'
v
plan provides that debentures be
issued.
They would be recured
by.' a lien on the property covered
by the adjustment mortgage but
Junior
to
that mortgage.
The original plan proposed
the
issuance
of' unsecured
debentures.
Additionally, the new plan provides that a
sink ng„ fund for
retirement of the secured
debentures would become
1950
12th
each
In
First
is
The
operative
and
on
/ CAPITALIZATION
accumulations
'
.
acceptable.
o»:
the
on
securities
bonds.
Act,
Interest
first
The remaining balance of $1,309,600 will
V,
only
board.
of
anticipates
to plant in the amount of
$4,340,500.
$4,340,500 gross expenditures, it is estimated that
$3,030,900
will be provided through current
depreciation charges, materials and
supplies on hand, salvage materials and
treasury funds remaining
from the proceeds of the sale of series F
mortgage bonds
satisfying- •Z
5%
Mahaffie
bond.
for
half
subject to redemption
ranging from $11 per share
share
Of
With
1948,
12,
In
September,
1948, National received from Memphis Generating
$500,000 for 5,000 shares of
Generating company's stock pur¬
chased from National in the reduction of
the capital of Generating.
On
May 27, 1949, National received from The
Memphis Street Ry.
Co., $328,990 representing payment for the common
stock
of
that
company
owned by National and for expenses
paid and* obligations
incurred
by National in connection with the
rearrangement of
the
capital structure of Memphis Street Ry.
bonds
2.81%, compared with
increases
than
the
convertible
unpaid dividends.
gross
slightly different from the one outlined to bond¬
April, according to R. J. Morfa, Chairman of the
M.-K.-T.
last
the
75%
mortgage loans. "
loans totaling nearly
is
PURPOSE—The
Bellerose, Queens, L. I„ N. Y.,
adjustment
under
that
require
of
of
approval
of
$151,300,000 of
Mutual
insurance
stock,
per
The
1670.
p.
with
all
benefit
yield
and
and
in
with
1948.
of
basis,
construction,
-V
ICC—To Meet Back Interest On
Adjustment Bonds—
company
also
providing $138,000,000
Life
Telephone
Dividends
*
section
of
new
1911.
Shoe
RR.—Files
Mutual
prices
able
subsidiaries
of
Stores, Inc., two large
organizations, will establish popular priced retail
fully air conditioned Glen Oaks Village Shopping
course
will
until
June
More
policies
compared
at
and
91,529,000 kwh., an
increase
of
the corresponding week of last year.—
Missouri-Kansas-Texas
The
The
This
share
date
to
Father
the
received
mortgage
with $4,174,200,000 of
year.—V. 169, p. 1564.
for
:zzz;//Kz7Z'/
1949,J.the
27,000
paid 15 cents
corporation
stores
by
The
the
to
up
Miles Shoes, Inc.—To
Open New Store—
This
it
stock
shares, the underwriter
subject to prior subscription.
Inc.—Weekly Input—
21,
said
net
a
securities
Industrial
than
months
$10
Middle South Utilities,
For
shares
p.
It
subscribed
outstanding shares of $2.40 cumulative convertible preferred
shares presently
reported
as
outstanding)
have
been
share
Light Co.—Progress in Dissolution
President,
the
and underwritten by Kidder,
Peabody & Co. An aggre¬
gate of 59,150 shares was subscribed for by stockholders
and 19,111 by employees.
Of the balance of 71,739 un¬
3'/4%
„zz:z/Z,'//z'Z
(4,132
called for
&
Smith,
require
on
150,000 shares of 5% preferred stock originally offered by the
company for sub¬
scription by its common stockholders and its employees
Mickelberry's Food Products Co.—Calls Preferred Stk.
All of the
stock
to
ended
ing represents the balance
v
has
this
of
stock
common
Z:
28,739 shares of series B, 5% cumulative convertible pre¬
ferred stock (par $10) at par and dividend. The offer-
Michigan Associated Telephone Co.—Paying Agent—
bankers
to
maturity
1959.
fered—Kidder, Peabody & Co. offered publicly July 26
1948.
to the
March,
the
of liquidation and divestment,
Exchange Commission under
the
Utility Holding Company Act of 1935.
Public
and
a
July,
pesos
to
company's program
this company in the first six months
semi-annual
report made
public July 28
The payments totaled
Vice-President.
this
months
12
Government
Mutual
op¬
as
privileges
2645.
p.
Power
H.
Aug.
Securities
pay¬
from
the
pared
upon
r
The
each.
average
earnings
gross
trading
169,
1, says:
Since
Executive
reduced
the
$4,269,400,000
last
The
-
'six
"$6,025
dependent
compared
which
peso
the
1,
company's
families
week
to
Dawson,
expenses
issued
'
thereof.
been
both
reduced,
are
the
and
property, thus helping to finance urgently needed hous¬
throughout the country, Mr. Dawson pointed out.
ing
555,000
$148,173
which
of
arrears
have
equivalent
of
»$62,657
including
conversions
dollar
expenses
those
cash
July
1.
residential
on
,
•
not
$850
in
Sept.
on
for the period.
Death benefits amounted to $27,300,000.
Mutual Life reported that the gross
yield on the company's
the 12 months ended June 30 was 3.03%.
Taxes and invest¬
More
tlncluding
due
retired
of
effective, requires
158, p. 194.
company made new
the six months period.
in
■'
$40,458
income
with
to Sept.
the
their
according
utility bonds,
$548,975
(subj. to
NOTE—Exchange
rates
erating
$691,173
,
181,000
above)
"Deficit,
falling
in
tinued.
Net earnings
previously
to become
W.
Canadian
on
stock
bonds
30, 1948/>/'',":'>:;^/'',''?::<'!;;/;v
Principal changes in the company's investment portfolio included,
accoiding to the report, decreases in holdings of United States and
4,958,862
$122,343
unlisted
Corp.—Listing—
July 25 that the Detroit Stock Exchange has
by the Securities and Exchange Commission
the first mortgage
$57,600,000
ment
$5,507,837
ji*
■
such
cumulative.
on
holders.—V.
1949,
The
.1
$5,250,495
extend
on
authority
Co.,
plan,
by Louis
•
■
-
sink-
and
and
$221,458
for
accrual
int.
annual
modifying
denominations
in
The
Net
of
was
principal postponed
should
2.66%
1949—3 Mos.—1948
$1,807,369
1,685,026
granted
corporation.—V.
Approves
retired
of
re¬
CURRENCY
$1,765,600
RR.—ICC
announced
was
been
108.
p.
Assets 2.81%, Against 2.66'% Last Year—
(& Subs.)—Earnings
1949—Month—1948
m opers.
170,
Raymond
$262,650
are
for
plan
a
principal
Policyholders and
rate of $2,215,000 a
($25
with
par,
Mexican Light & Power Co., Ltd.
CANADIAN
the
dividends
assets
IN
being flared.—V.
Mutual Life Insurance Co. of New York—Net Yield
First Trust Co. of Lincoln, Neb,
working capital.—V. 169, p. 2529.
additional
for
6,000
stock
The
by
up
used
the
for
preferred
has
bonds
of
of
security
Messenger Corp., Auburn, Ind.—Stock Sold—
cumulative
National Distillers Products
It
707,552
$1.58
Public
maturity
bonds
no
$2,074,162
707,552
$1.50
716,194
$0.41
State
company rec.ntly proposed
to make an additional cash
of $150 on each
bond on
Sept. 1 and postpone the
The
$1,061,663
$292,951
share.
com.
the
The
principal accomplishments have been
the
sale
of National's
a
cash
interest in The Memphis Street Ry. Co., the
rearrangement of the
remaining
capital structure of Lehigh Valley Transit
Co., including the retire¬
'\-Z;Z,;.Z'Z'zZ-Z.
/./' ment of the bonds and
preferred stock of
that company, and
The Commission
said
that the
the
present fixed 3%
interest
should
■
reduction of the capital of
Memphis Generating Co., all under plans
be continued but that the additional 2%
contingent interest on the
previously reported to stockholders.
/
outstdg
per
not
the remaining $700 of principal for ten years.
The ICC
amended
this
proposal hi
its order
$500
£29,323
;
of
outstanding
are
Net earnings
shares *
is
fields
July 21 approved
of the company.
portion
payment
interest
earnings
the
Wyoming
company
ment
minor.
before
and
Monday, August-1, 1949
National
ICC
bonas
The
interest
.
A
funded
on
debt
Commission
CHRONICLE
to
The
Gross
Power
& Southern
Securities Modification—
85,831
Depreciation
from
gas
Montana
$4,942,643
87,159
____
income
Federal
FINANCIAL
Commission.:
The firms also sought permission
to build and
operate a cienydralion and sulfur-removal plant In Worland. At present
June 12/49 June 13/48
$16,231,333 $19,441,455 $35,178,085 $39,058,678
13,966,372
15,908,160
29,694,800
31,986,426
995,185
1,051,755
1,984,667
2,129,609
_
admin.
the
of
&
Service
24 Weeks Ended—
June 13/48
COMMERCIAL
Bank
Biank
of
Boston,
and
proceeds
porarily
Trust
of
the
financed
Chase
Co.,
notes
a
,
National
Irving
Trust
issued
portion of
Bank,
Co.
under
past
New
and
the
York,
New
bank
construction
Central
York
letter
Trust
Hanover
Co.
agreement
expenditures.
The
tem¬
,
Volume 170
EFFECT
GIVING
SECURITIES
CAPITAL
•
First
due
Nov.
First
1961
15,
bonds,
mortgage
1978
due
First
due
payable
Common
stock
result
of
$8,912,000
•^Earns.
of
5,000,000
5,000,000
par>__
repayment
notes from
$4,000,000 of
July
on
20,
the proceeds
of
1949
80,140 shs.
1949—3 Mos.—1948
duced
share
com.
stock.
additional issue
an
of
of
$2.19
in
its
com¬
;
•
for
the
1949
years
about
$49,000,000 based on present costs of labor,
-
$11,500,000 in 1949,
in 1952.
Of
$17,800,000
importance in the program is the
construction
of
a
large steam-electric generating plant in Salem,
Mass., on property located at tidewater, and the redevelopment of the
Wilder hydro-electric project on the Connecticut. River.
It is possible,
that
the
of
some
date.
construction
its
construction
Company,
and
ORGANIZATION
corporation
and
mission
consolidation
a
incorporated
Co.,
079,359—also
Massachusetts
Electric
Co-,
immediately after the
1911
and
sale
of
merged
was
into
business
close of
The
is
users.
pointed
incor¬
Co.,
Dec. 31,
Trans¬
Eastern
1908.
England
,,
Power" Co.'
the
of
■
lines
.
19^48.";1
■</■/
:.;/"/£•/ *>• '
mont
at
steel
on
over. -1,188
and
voltages
tower
to
'•
circuit
miles
structures.
He
.>
•
known
•;
-
of
"Harriman"
as
generation,
of
Harriman
and
has
Reservoir
steam.
-
r//'-/
The
the
hydro-electric
Deerfield
necticut
a
The
t
into
transmission
and
located
are
Massachusetts
.Vermont.
and
principally,
and
and
the
with
the
lines
the
on
*
Gross
affiliated
•
made
from
purchases
from
several
Under
sources.
Connecticut
River
theConnecticut^River,-
two
Power
hydro-electric generation at Comerford,
on
contracts,
Co.
the
Mclndoes
the
total
and
output
307.
Mexico
Ry.
/•;.
..•//,/'
-
/,/ J
•.
;•
Mexico
&
at St.
:
•
.
•;
■
\
New
in
•
\
'
Missouri
both
as
Pacific,
Mack; Jr.; President, on July 21, announced the promotion
B. Loughlin to Vice-President in Charge of. the Fountain
Cup Vendjng Department, and Herbert L. Barnet to Vice-President
Charge of National Accounts and Concessions. Both officers were
.
Mr.
in
Loughlin, who
-
—v., 170,
..
35,031,704
110.
p.
$9,832,794 /$9,54©,983
$710,564
$746,090
/
,
V
196,575
-177,781
2,276,515
2,217,489
-
'
.' 80,538
$532,783
80,538
$7,615,305
966,470
$468,977
$6,648,835
$6,306,999
*In
'■
fl/'A:*
■
Gross. ;-income;
$4,756,237'
-half
i
-
:
40,939
688,598
,,
stock
Preferred
dividend
—
$4,104,384
•
f
The
/ with
/the
York
New
par
tration
on
the
of
these
&
If
share.
cents
per
1948,
Total
therefore,
income
amounted
"
The
year.,
to
for
the
$2.20
per
1
.
.
;
,
■
margin; of
profit
net
on
sales
in
the
1949
18.4%, the report stated.
was
additions
total
present
this
made
year,
said
least
capacity to at
to increase, it is
continued
be spread to 1,600,000 barrels In
1949
$3,617,955
$3.28
Mr.
new
Epstein,
have increased
barrels per annum.
1,500,000
possible
that
present
facilities
1950."
management, Mr. Epstein said, "now expects the second half of
follow
to
traditional
the
seasonal
pattern
in
sales
which
would
that
the year's total will be substantially ahead of 1948.
If the
expected sales Increase is achieved and there is no important increase
mean
the
be
the
cost
of
best
raw
in
our
materials, net profits for the second half may well
history."—V. 170, p. 308.
Philadelphia Electric Co.—Weekly Output—
The
electric
output
of "tills
company
ana
its
subsidiaries
for
the
week
the extent
has progressed and in view of the limited number of
remaining outstanding-in unstamped form and available
on
the Exchange.
Holders have been requested to sur-
ended July 23, 1949 amounted to 139,243,000 kwh., an increase
2,320,000 kwh., or 1.6%', over the corresponding week of last year.
—V. 170, p. 303.
/ :
'
of
the liquidation
which
to
compahy
shares
$1.74
above, the company in 1948
its investment in its wholly-owned
'
...
$2.02
reported
liquidating
bottling facilities resulted from the installation of two
he continued.
•
demand
may
■
taken in view of
was
income
on
429,453
of 1949, adding that during this period plant and equipment
expenditures totaled approximately $1,375,000.
Early in June, "a 20%
Exchange announced-July 21 that it has filed
Exchange Commission an application to strike
of this corporation from listing and regis¬
common stock
the Exchange.
This action
to take steps leading to the termination
Curb
the Securities
$1
the
1947
$745,422
429,453 '
months
"our
rtwt
Old Poindexter Distillery, Inc.—Delisting of Stock—
with
to
profit
.'
last
The
9,
p.
*1948
$866,390
increase in
(427,500 "i
'
Balance applicable to common stock & surp,_: $3,676,884
Earnings-per common share (1,102,684 shares)- ' •
$3.33
170,
net
"
of
$4^045,455,
427,500
requirements;
'
Alfred Epstein, President, said that the company's brewhouse expansion in Detroit and' Flint;
Mich,, was completed during the first six
$4,734,053
727,720
—
.'/_
/'
479,453
$3.58
share—
per
a
half-year period
$4,693,114
.75,857./.'
deductions
/• ■'
NOTE—Net sales during the first half of 1949 amounted to
$9,312,260,
increase of 39.9%
over
sales-of $6,657,570 reported for the first
$4,832,104
income
Net
.-
,
.an
V
_—i—
/,./
t„
subsidiary of $80,340, or 18
six. months ended June 30,
revenues
,
'•
outstanding—
addition
/ share. .'
May 31—
,
,
executive
•
shares
realized
9. .■/■ :■■■r: "
p.
■
previously been associated with United
capacity, supervising fountain sales.
years
an
Six Months Ended June 30—
1949
Net profit after-'taxes—$1,717,245
Capital
$7,273,468
966,469
$452,245
$549,515
_—„—^
In
: ;
to Pepsi-Cola Co. as Assistant Vice-Presideni
came
many
Pfeiffer Brewing Co.—Earnings—
"lines,"
of
a
for
$3,600,761 $47,685,707 $44,581,687
The
secured serial gold bonds;
had
1947,
Drug Co. (Rexall)
37,852,913
in those divisions.
country for concessions and em-premise consumption.
Co.) '
1949—12 Mos.—1948
company
Mr. Barnet is also Vice-President of Pepsi-Cola Metropolitan Bottling
and is in charge of the development of Pepsi-8 throughout the
Cot,
;
Louis, Mo., jointly by the protective committee
Elliott,
statement.—V. 168, p. 1587.
■previously Assistant Vice-Presidents of the
I
-
2,890,197
in
and
de¬
______
,
Texas
filed
.
withdrawal
the
Court
Pepsi-Cola Co.—Officials Promoted—
'
Orleans,
Regis-
Walter S.
recommended;.
1©9..-/"•
__*■
petition
a
Withdraw
of.Edmond
'
report,
p.
tration
1948, while
' ' •' : ; .. V.
- 194&
*
' '
1943 $20,491,54? $18,753,874.
expenses,
113,535,206
11,777,760
and State income taxes__^__—
7 2,200,100v ,2,283,000
Income
holder of Missouri Pacific secured
serial bonds and as: a stockholder of NOTM;" and by other NOTM stock¬
holders.
:/■'/" •-/'••••.
''"'v/
The
petition seeks a court order directing Guy A. Thompson, as
of the
i
in
Missouri Pacific RR. 5Vt%
trustee
2,931,322
Utility operating Income
Other income (net),
'
,
>"/•/
•'
of reorganization proceedings of
and Gulf Coast Lines is sought in
Speed
;
sales ^c^mpaign. and ^the
flights have contributed
■■■:
1949—Month—1948
stock—
pfd.
170,
—V.
the Federal Court
John
<
,
Pennsylvania Power
$3,677,412
(net)
income
Federal
its
Ry.—Termination
for the holders of
by
-
the
—__L'
12 Months Ended
Reorganization Sought—
Termination
f; v
.,.,
taxes__
and
and 'other
Operating
Operating
over
Texas
Corp.—To
plan-providing for exchange of securities of the registrant for such
The management "proposes to contest the suit vigorously
it
believes; the relief sought therein to be wholly unjustified."
"However,,,.in view of the institution of the suit and the change in
economic conditions" sinoe the filing of the registration, statement,
the
plan for
recapitalization of
Pennsylvania
Indutsrieu, Inc., has
been abandoned and- the registrant requested withdrawal of its regis-
j
Oklahoma Natural Gas Co.—Earnings—
Guaranty Trust Co. of New York is trustee, registrar and paying
agent for $3,500,000 of first mortgage bonds, 27/«% series, due June 1,
&
aggressive,
an
Subsidiary,
Balance
New Jersey Power & Light Co.—Trustee—
p.
that
transcontinental coach
income '--—--a
on
—V.
The
170,
Net
Divs.
.
Orleans,
Industries
company.
/'■• •,
up
stations-
,
below.
....
as
■
Earnings
/
>
of
holAnr
Corp.
a
Martin
.
company
Vernon
,
New
.out
are
to
District
"
and above the requirements for local
loads.
The contracts provide/for payments of fixed monthly amounts
totaling $270,768.—V. 170, p. 307.
' S'
fhy • - ■ ■ v
1979.—V.
of
now
,'
(And
,
exps,
ductions
companies and constitute an
important part of the integrated public utility system of New England
Electric System. /
:V. '*
'///:
V;>/,
' /:•///Wv. •/.
In addition to the output of the company's own
plants, purchases
are
nm-W
,
L
.
the Civil Aeronautics Board,rwhich had
revenue
Gross
other
and
,
Petroleum
request, a suit has been filed in the
Wilmington requesting, among other things,
the
dissolution of Pennsylvania
Industries, Inc.
The assets of the
latter company -were to have been acquired by the
registrant under
on
'
,
T~Jt\i
v
.
corporation
S.
;
Con¬
..
.
According
! U.
After two years of operation, Mr. Hunter
furnishing a ton-mile of transportation
is
.
New
of
1949
management in holding costs down has been
Period End, June 30-^-
companies
lines
-
this
lines
and
other
of
stations
Vermont
into
encouraging
,
pointed
,
of the company span Massachusetts, extend
Hampshire/ and are interconnected with the
at bordering state lines.
The transmission
generating stations of the company are interconnected
Vermont
lines
generating
New. Hampshire
refin¬
(Pittsburgh investment
company)
has
requested
SEC permission for < withdrawal
of
its
registration
statement filed
June 23,
1948, under which it proposed the sale of 214,987 shares
of common stock, $10 par.
'
-
said.
Northwest's
>
/•''
'./'V
two
Destrehan,
tration Statement—
The
v
loss
.
A tvtOT'ionn
American
.Pennsylvania
1948—
r
year's
the
that
*
^
^
J
generated: by
were
:
River jn
River, in
hours
ki
out
„
Don
Pan
,
Ohio Edison Co.—Earnings—
/ Interest
kilowatt
million
.
turned last
20% from June,
have increased -112%, Mr. Hunter said.
action' by
watt
27
Shreveport,
The
and
(Root)
Pan-Am Southern Corp.—Consolidation
substantial increases in passenger and
by only- negligible increases in operating
by
.statement' accompanying
a
£ Oper.
over
from
located.
American
See
"Somerset"
as
directed
Ark.,
is
GtiCk
-
'
-
of
capacity of about 5 billion. cubic feet of water, equal
to. approximately
81 million kilowatt hours of generation.: The net
generation in 1948 by the hydro stations was over-482 million kilo¬
and
1
-
,/ RFC approval of the loan, is-expected shortly.—V. 170,
storage
hours
he
the 2-0-2
revenues
situated in Whitingham
is
NWA's
•»►,/;,
also
Final
►
hours
kilowatt
-
Mr. Hunter
said the'
Reconstruction Finance Corp. had agreed to guarantee up to $12,000,000
of -a
$21,000,000 loam to be made to Northwest by private banks.
the; river, in Stratton and Somerset, tVer^
known
...
have
the increase in sales volume.'
In
Wilmington, .Vt. Somerset. Reservoir has a usable storage capacity
of,about 2.5 billion cubic feet of water, equal to approximately 50 mil¬
usable
1
.
profit of $193,163 in June,
a
1949,"passenger revenues
success
to
.
one
out,
and
lion
,
before-depreciatiori for 24% less than -the DC-3 aircraft" it replaced.
In-addition, he said, the 2-0-2's vastly increased speed and comfort
have
played a-considerable- part: in attracting new passengers -to
s
?
220,000), .-which are
The storage reservoirs
up
Deerfield River;
of
source
the other,
and
reservoirs
are on. the
the
at
•
by the excellent operating record of its fleet
airplanes,
June,
freight
transmission, purchase
*
,
(operated
principally
company
is situated
month-pro-
one
~
Northwest.
.
for light, heat, power, resale and other pur¬
of electricity to ultimate consumers are made only
(
large ..water .^storage
carried
for
•'
•
Hunter added.
pointed
accompanied
The- suCeess -of
electric
transmission
*
Mr.
with
which
for-
accounted
greatly, aided
system operated by the company includes 10 hydro¬
electric and ; one steam-electric generating
stations which have an
aggregate
(name plate rating) generating capacity" of 140,920 :kw.,
two
1949,
Hunter
expenses.
2-0-2
Power
trends
revenue
Massachusetts
5,
New
are
freight
to a
increase in
through 1952.
a
Feb.
figures
electricity
Direct pales
,
Targe
to
new record
a
'
than 400%,
more
the
be
been
Dorado,
•
•
deferred
Connecticut River
and
Massachusetts
The company's business is that of generation,
poses.
'
compares
profit,: Mr.
year's
any
period
England
New
of
21,
ip
the
in
Company
—
be
may
anticipate
not
programs
BUSINESS
in Massachusetts Aug.
porated
financing
does
financing
AND
is
and
however,
profit
June
Analyzing
major
$6,300,000
later
Croil,
June,
earnings,
increase of
an
materials and equip¬
$13,400,000 in 1951
1950,
in
The
to
has
Root
E'i
Manager, reported on July 20.
profit of $1,022,074, Mr. Hunter said.
'
has
company
in
continue
of
at
Petroleum Corp. is primarily a marketer of
petroleum
Arkansas, Louisiana, Mississippi, and Tennessee, and
primarily a refiner of crude petroleum.
Pan American Petro¬
leum Corp. has for some months owned
substantially all of the stock
of Root.—V. 167, p. 2581.
PROGRAM—Company's
ment;
and
this
will
are
inf Alabama,
Root
earned
activities
principal office
9
Nil
,
820,858 shares
on
following upon profits of more than $360,000 in
April and $525,000 in May, have completely wiped out the first quarter
deficit ot $1,482,970 and left Northwest with a net profit of $430»915
construction program, as
through 1952 is estimated to cost
the
of
the company
La. (Pan-Am),
■
than
history—was
23-year
for the first six months of
.
scheduled,
<
General
of $4
revenues
the net
based
.
stock, the maximum amount now available under the bank letter
agreement is $6,500,000!
\
now
$0.25
pipe-line
where
eries
$430,915 |$2,016,000
Nil
-
$1,000,000—more
of
excess
before
President and
June's
mon
CONSTRUCTION
f$172,515
(401)
and
1949—6 Mos.—1948
fNet loss.-
in
profit
shown
Total
;
865,575 shs.
company
CHRONICLE
Pan
net
A
ever
the
by
FINANCIAL
$1,913,885
■
a
&
preferred dividend requirements and
common
Hunter,
865,575 shs.
—_
per
'After
11,000,000
.,,
letter
-1
*10,500,000
(-$100 par) - 80,140 shs.
stock
($20
4As
Period End. June 30—
Net profit after taxes™
.
under
—
preferred
cumul.
6%
2%%,
--1
i
COMMERCIAL
.Northwest Airlines, Inc.—Reports Record Earnings—
Outstanding
11,000,000
——
-
banks
to
agreement
FINANCING
3%,
B,
series
series C,
1979
Notes
PRESENT
Authorized
—
bonds,
mortgage
TO
series A, 3V<%,
;I—_™_
$10,067,000
bonds,
mortgage
THE
Number 4825
/
,
,
/
of the reorganization proceedings of NOTM and Gulf Coast Lines.
for dealings
Pittsburgh Rys.—Hearing on Plan Sept. 7—
;
• >
The petition pointed out that NOTM is not in default on
;/ render their shares to the company for the purpose of stamping and
any of its
The
SEC
has
scheduled
a
hearing for Sept.
7,
1949, upon the
obligations held by the public and that NOTM and Gulf Coast Lines
receiving the first of a series of distributions in complete liquidation - "Combined Plan for
reorganization of the Pittsburgh Railways System
are
in good financial condition. The Missouri Pacific, however, has a
/ of the company consisting of warehouse receipts for substantially all.
under the Bankruptcy Act and for
discharge under the Public Utility
claim
of
of the-bulk whisky owned by the company.* •
$18,461,019 against the NOTM as of Jan. 1, 1949 for ad¬
' /
;
.
•
Holding Company Act of 1935 of PMladeJnbla C" '« pup*»«>♦■««$ affecting
vances
and accrued
interest, and the petitioners declared that the
Pending action by the SEC on the delisting application, the common
Pittsburgh Railways System Securities, dated July 1, 1949."
Missouri Pacific "As a matter of law has a
fiduciary obligation to take
shares will continue to be dealt in on the Curb on a distribution on
^
The plan was filed by Elmer E. Bauer, trustee of Pittsburgh Rail»
action to extend, fund or refund or otherwise
provide or arrange for
basis only.
These transactions carry ,the right, to receive the ware.
the payment and
ways, debtor, and Philadelphia Co.
The latter owns all of the out¬
discharge of the claim asserted by Missouri Pacific
house receipts.—V. 168, p. 2435.
,M,' / —: ,>
; standing preferred and common stocks of said debtor.—V.
against New Orleans, and more particularly to agree to the extension
170, p. 208.
of the maturity of said claim for a reasonable
period of time and the
„
.
"
»
reduction
that
of
these
the
Interest
proceedings
thereon
rate
Asserting
action
the
payment and
the
of
that the trustee has
extend, fund or refund
to
petition
the
"wholly
to
as
otherwise
or
and
Vv
refused
provide
/"
to
*
;
take
arrange, for
or
that
the
"sole
barrier
immediate
to
the
termination"
to
trustee
take
action*
*
,
'
•„
170, p. 207.", /.
New York Chicago &
■V
New York Telephone
Whitmore,
President,
July
27
elected
was
Chairman
of
/
the
McHugh, Vice-President-Accounts and Finance of the Amer¬
Telephone & Telegraph Co., on July 27 was elected President
ican
the
New
elected
York
Telephone
Chafrman
member
of
and
elected
was
1949.—V.
the
170,
of
the
Co,
to
succeed
board.'. Mr.
Carl
McHugh
Whitmore,
also
is
p.
Mr.
$44,600,000.
308.
pany
FOR
SIX
ENDED
for
milled
Net
operating profit after depreciation and
—V.
169,
(number
p.
1887.
of
;
; / /'
North American Cement
12 Mos. End. June 30-^-
*Net
income
and
taxes
*After
profit
on
after
;
taxes
1949
-•
.
$965,264
-*$470,818
1947
t$293,114
taxes, depreciation, depletion and interest.
bonds purchased.:—V. 169, p. 2316.-
$684,000
Northern States Power Co.
output
of
this
company
totaled
,
is
this
of
the
for
rest
of
the
year
will
J
the
week
effective
$35,490
tDoes not include
ended
-
835,876 ;
50,000
1949—12 Mos.—1948
.
the
over
the
transaction
company.—V.
corporation
Pan-Am
with
Southern
Pan
submitted
Mr.
American
to
its
$227,867
$270,815
$2,652,563
r
Dr 1,843
28,906
Dr 6,737
29,609
*
226,024
299,721
84,891
2,645,826
2,243,094
163,612
jnc.'„ (net).
income
214,830
1,844,936
__
__
$2,213,425
800,890
599,221"
Earned
per
com.
28,560
shr._
*Based on 943,238
*
•<
1,643,873
28,560
341,700
341,700
$135,052
.
Balance /™-i„™_-__
*
$186,270
$1,503,236
$1,302,173
$0.20
$1.59
$1.38
,$0.14
,
shares.—V. 170,
„•
v
169,
p.
308.
-
'
■
Ottawa
-
Corp,
will
•
be
will
Brown
sever
undertake
executive
/
consummation
connections
Pan-Am
at
of
Pan-Am
'
income
income
the
Ordinary income (non¬
communication)
■
Southern "Corp.
Orleans.
Its
will
•
$5,028,739
985,388
4,725,695
$37,894
$303,044
6,774
4,348
465
$46,424
$44,668
$307,392
$277,113
$5,233,244
4,956,596
-
$276,848
20,191
20,345
50,851
39,321
$66,615
$65,013
$358,243
$316,424'
20.701
19,374
103,264
97,077
$45,914
$45,639
9,838
$254,979
$219,347
143,380
149,038
93,468
12,644
21,684
57,598
69,098
$176,650
$33,793
$346,419
$243,717
56,280
Gross
the
as
becomes
merger
Vice-President
ord.
Deductions
Net
income-
from
17,050
141,400
121,799
$120,370
$16,743
$205,019
$121,91$
ordi¬
income™,—;
nary
Bruce K. Brown, who
According to proxy
ordinary income.
Extraord.
income
Extraord.
inc.
(Cr)^.
(chgs.)__
Southern.
■<
*
-
•
and
-
President of Root, will be advanced to another
Oil Co. (Indiana), the parent company, upon
merger,
-
$1,023,282
5,424
-
.
1949—5 Mos.—1948
$999,183
958,183
$41,000
•
revenues-™
come
Standard
of
; 1949—Month—1948
-
commun.
Operating
Root Petroleum
according to A. W. Peake, President of
•
New
oper.
^
expenses™
Merge Subsidiary
Standard.
ing
Net
Other
Power
;">/.
May 31—
revenues_j_T
oper.
(Indiana} and move to New Orleans to
management
Benton,
with
his
oper.
/ •'
Petroleum Corp.
when
RCA Communications Inc.—Earnings—
Period End.
Total
.
2755.
p.
/
Total
"
.
the
before
subsidiary,
stockholders,
^director of Standard Oil Co.
Dwight F.
July 22, 1949,
kwh. for the
-
$1,083,078 $13,693,834 $12,750,702
718,963
10,511,671
10,015,877
95,300
529,600
521.40Q-
-
income-.
income
Net
i
be
City Council has voted to purchase this com¬
/. /. V
the company and the Hydro-Electric Power Com¬
approve
how President of
statements
(Minn.)—Weekly Output-
for
"
.
62,412
Gross
/
.
.
'
1946
61,101,000 kwh., as compared- with 58.190,000
corresponding week last year, an increase of 5.0%.—V.
170, p. 303.
first
takes
of
President
position
Electric
sales
$7,600,000.
*
•
oper/
Non-oper.
,
1948
taxes
Net
Co.
of Shreveport, La., to form Pan-Am Southern Corn., was voted Julv 25
by the directors of the two merging companies,
Ratification by stockhclders will be sought at special meetings Aug. 23.
//
j>
■
Corp.—Earnings—
1949
'
est—
$1,113,743
___
totaled
capital
31,
1948, .working
$27,300,000.
Oct.
earlier
Pan American Petroleum Corp.—To
149,387
all
.
chgs.
_____
30,
I
tons)..
.
JUNE
Hampshire—Earnings—
1949—Month—1948
exps.,. etq—
on
income™
.Fed,
v.t'.'i •' /"■ "
r
(Canada)
must
Merger
Ore
1
On-
•
year
The stockholders of
Ltd.—Earnings—
MONTHS
a
said
Ottawa
mission
!
-
;
Operating
$300,000
of
Ottawa Light Heat & Power Co., Ltd.—Sale—
Commission
RESULTS
payments
minimum
below sales
the like
period last year but that the total for the 1949 fiscal
year should
"not be'substantially less than the sale'volume secured
in 1948."
Sales thus far in the current fiscal year are considerably
greater than for the like period last year.—V. 170,- p.-14.0. -- •, *
Phelps
The
Committee of the Air Reduction Co., Inc.,
director of the New York Telephone Co. in January
Normetal Mining Corp.,
for
;•
proceeds will be used to pay $7,500,000 in bank loans, due
Nov. 1, 1956.
The bank loans bore interest at 2V*% v- The balance
of the loan will be used to'increase working capital, bringing working
and
a
revenues
the
Half
;
Executive
a
provides
was
who
director
Operating
.
Explaining the need for additional working capital, Alva W. Phelps,
President, said it would help in "meeting the business, problems of
the future
occasioned by the return of competitive selling" in the
farm and industrial
machinery business. *
i
\"
-
Keith S.
of
agreement
$34,800,000 and
...
^
Period End. June 30—:
for
Co.—Changes in Personnel—
on
Joan
capital-to
/
V
Carl
The
temi-knnuaHy.,>.*•
'
com-^
board.
Public Service Co. of New
was
-
St. Louis RR.—Lease of Wheel¬
ing & Lake Erie Ry. approved by ICC.—See latter
paiiy below.—V. 170, p. 109.
* V/
\
:
announced July 27, has sold privately
through Blyth & Co., Inc., $15,000,000 3 V2% promissory
notes, due July 1,. 1969. The loan was obtained from an
/insurance company//..;/■//•
//'■■/•;//•£:c■ ■ /•//' '■
it
company,
/
The petition asked the court to find
that, subject to adjustment of
the claim against NOTM, the NOTM
companies "are able to meet their
debts as they
(nature, and. that said companies are not in need of .re¬
organization and the proceedings as to them should be dismissed."—
v.
Privately—The
Oliver Corp.-r-Plaees $15,000,000 Loan
rate, to the end
NOTM.'
failed
bankruptcy is the failure of
the claim.
on
reasonable
a
discharge of the claim asserted by Missouri Pacific,"
stated
NOTM
to
be terminated"
may
be headquartered In
crude
exploration,
.
the' Pan-Am build¬
producing,
purchasing,
Net income transferred
to
-V.
earned
surplus™
169, p. 2756.
America (& Domestic
Radio Corp. of
-
°
Operations-:—
mm
D
379,641
283,950
——
200,000
200,000
200,000
income.
85,612,765
1,516,988
gross
Depreciation
and
patents
of
Amort,
;
—■;
taxes—_
;
Federal
income
246,441
2,989,000
5,085,790
788,200
788,200
for
8'54^S
stock-
com.
sh.—
com.
per
Total
oper.
oper.
expenses—
oper.
revenues—
Net
15,531
3,307
22,833
income
Extraord.
inc.
income
304,808
117,000
transferred
Net income
170,
HI,
p.
newly-created
during the fiscal
last six months of the
thehlstoryof the
1949,
A"
there was a decline in general busi¬
the
ended March 31,
year
year
Total sales amounted
all-time record sales
to $148'\75i999Ta
the
volume of $162,439,217 for the
of decrease was substantially
the same in
and foreign sales. While f°relgn d®™a"£
continued strong, the shortage of tinted States dollars together with
further import restr'ctions
which have been imposed in some coun¬
tries, reduced export shipments during the fiscal year,
activity.
ness
8.8%
the
from
CONSOLIDATED INCOME ACCOUNT,
i
.
"
.
"
'
sales
Net
oaico
Profit
on
281,619
302,317
928,978
income—
Cost
and
sales
sales.
of
.;
————.
administrative and general
"'expenses
—...—
Prov. for deprec.,
amort, and ob¬
solescence of plants & equipment
funded debt...,
interest charges
Other
U.
3.
&
Prov.
to
18,365
for
possible
231,415
accounts,
46,010,617
38,791,782
5,299,768
4,302,385
'3,392,150
1,337,253
Income
transfer,
to
dividends
Preferred
187,445
221,835
10,625,000
6,786,000
earned
surp.
10,111,508
460,858
dividends paid
15,129,048
461,083'
3,957,530
(in stock).
Earnings
per
common
•Reclassified
to
,,
36,708
11,075,000
of
4,496,692
2,568,846
$3.42
$2.14
share
include
for
for
income
BALANCE
•Accounts
15,727,578
461,070
2,858,162
3,520,760
$3.56
SHEET, MARCH 31
-
V
'
.
drafts
1948
$
$
.
•Net profit
89,920
31,272
Operating
Partly-owned
Partly-owned
Bonds
on
dustrial
46,538,549
Commissioner—at
$9,352,461
7,478,673
security
and
291,641
Total
234,398
241,147
38,981,093
accounts
and equipment—
debenture costs and expenses
8,365,431
33,229,330
237,606
793,578
882,051
1,654,353
1,268,201
1
1
;——_!—!
etc...
126,081,279 127,981,437
....
....
"
taxes
loans
Trade
payable
in
foreign
accounts
payable
salaries and
Commissions,
1,427,644
2,292,669
4,128,688
3,281,005
5,673,368
4,682,420
3,631,930
4,705,669
2,172,217
8,187,020
1,239,720
2,161,706
11,467,671
1,185,596
40,000,000
40,000,000
1,624,177
441,339
v.
3%'"sinking fund debentures, due 1967
Building purchase contract and mortgages
amount
included
Reserves
for
insurance,
Reserves
for
foreign
Reserves
for
possible
investments,
Reserves
$4.50
for
preferred
Common stock
Capital
etc
loss
on
current
_!
fluctuations!!!!
foreign
value)!!!™™
(50 cent par value (_
surplus
104,203
58,050
450,000
450,000
1,215,891
2,559,318
1,185,964
914 070
mon
i 2fM
qhftrt«
stock
6
"Notices
Lawrence
"The
—
126,081,279 127,981,437
on'4n ?8'A" 19-49 and
$1,496,293 in 1948. tAfter
,n(t1949 ana $26,938,409 in 1948. {Including
Apr"
1948 as a 5% stock divide*d on corn-
holders
'the
by the u- s- District
Film
Court at
tor/*™ t0 PUrchase c<m"
•Allen'^ropeV^dZ.'rin"WS
200,370
31,982
368,475
319,395
18,000
27,100
286,210
309,804
$58,399
$74,710
$841,509
$801,416
340
Drl32
.'.I
$58,739
14,370
2,147
$74,578
$855,879
$803,563
16,735
11,979
201,568
132,253
$42,004
$62,599
$654,311
$671,310
requirements
—
$1.96
$2.04
1949
1948
(aft. deduct, frght., allows., & discts.)
$9,824,207
$8,563,846
228,479
223,176
$10,052,686
$8,787,022
9,709,444
8,700,796
$343,242
$86,226
66,680
257,132
:
to common stock
share
common
&
surplus-
(226,584 shares)
11.
p.
Corp.—Earnings—
revenue
income
sales
and
from
operations
operating expenses
Credits—
Income
from
•South
-
Shore
Oil and
Development Co
interest
received
4,216
and
Corp.,
Ltd.,
annual
$1,098,353
150,000
$948,353
$401,113
193,696
174,400
166,225
to
mailed
$2.41
in
Practice
shareholders
all
of
charges
for Federal
Act of Canada
was
shareholders 14 days prior to the date
'•
1949.
'•
'•
'
sale
1,
first mort¬
and
secured by
Matthews
direct legal obligations
of the corporation
and
,
organized and incorporated on June 3, 1920.
,
Wauwatosa.
•
-
,
;
/.
i,'-i
•
Saint Paul Union Depot Co.—Partial Redemption—
have
There
called
been
for
redemption
Oct.
on
1,
1949,
through
operation of the sinking fund, $240,000 of first and refunding mortgage
3 Ve%
B
will be made
of
the
bonds, due Oct. 1, 1971, at 101 and interest. Payment
P. Morgan & Co., Incorporated, agency
23 Wall Street, New York, N. Y—V. 168, p. 352.
at the office of J.
trustee,
amount
July 2, '49
sales
No.
of
after Federal
per
income
taxes
shares outstanding
common
share
July 3, '48
$66,123,268 $83,907,818
3,202.888
8,744.93s
-
common
Earnings
It
is
tice of
end
—
5,170,714
$0.54
5,170,714
$l.6i
Court'tor
pointed out that earnings are subject to the company's prac¬
revaluing inventories to lower of cost or market at the year-
oil
according to Roy K. Ferguson,
President and Chairman, reflected both a droo in volume and a reduc¬
tion in prices of the company's products running up to 20%.
decline
sales
in
and
profits,
that liquidation of inventories in the
hands of customers had been an important factor in the contraction
the
Ferguson
pointed
company's
inventory
out
business.
liquidation
in results for
mineral
lease
bonuses
and
income
rentals,
delay
oil income pay¬
$500,000, which
in
tlncluding
excise
taxes—
and depreciation—1949, $336,664;
; /
Southern California Edison Co.—Earnings—
EARNINGS STATEMENT FOR 12
1948,
'
MONTHS ENDED MAY 31,
1949
•Consolid.
$97,673,916 $97,802,414
Company
Operating
Operating
revenues
70,836,350
expenses,
etc.
income taxes
Federal
Net
70,591,982
7,329,000
<
Other
income
7,618,000
2,012,716
-
;
etc.
deductions
J
its
and
company
2,488,682
$21,521,282 $22,081,114
6,333,748
6,303,748
(net)
income
•The
p.
;
$19,508,566 $19,592,432
income
Interest,
Net
i.
income
operating
$15,187,534 $15,'777,366
Edison
subsidiary,
Securities
Co.—V.
170,
246.
Southern Canada Power Co., Ltd.—Earnings—
Gross
and
1949—Month—1948
earnings
Oper.
Taxes
170,
p.
61,254
137,004
635,680
$20,177
♦Deficit.—V.
1,790,327
149,001
divs.
$3,834,-733
183,249
78,017
and
$384,630
179,472
:
deprec.,
Int.,
1949—9 Mos.—1948
$426,667
maintenance
4
$3,123
1,323,793
$3,396,815
1,632,842
554,380
1,224,510
.
$84,933 '
•$14,911
11.
and
He
better
added
the
current
belief
that
demand ...will
the latter part of this year.—V.
completion of
be evidenced
169, p. 2533.
Increase Dividend—
.
E.
A. Yates, President, on July 15 announced that the consolidated
earnings of the company for the 12 months ended June 30 were $13,573,627, or at the rate of $1.13 per share on the outstanding common
stock;
The
consolidated
months
of
of
earnings for the
$2,700,000
compared
first six months of 1949 show an
the
with
'
1948.
:
earnings
''
for
the
first
six
-
The
dividends at the rate of 60 cents per annum.
earnings it is the expectation that the board
of directors at the September meeting will give consideration to in¬
creasing the dividend, the announcement added.
company is paying
In view of the increase in
CONSOLIDATED
INCOME
ACCOUNT
1949—Month—1948
$57,463,722
26,910,370
6,115,750
29,532,031
891,950
211,999
211,999
1,271,995
1,271,995
2,121,097
1,452,040
12,461,957
9,909,395
$2,225,296
' $1,452,583
723,236
640,614
4,302,909
3,826,97f
5,485
Cr50,303
1,215
Crl2,565
33,089
Cr253,744
23,694
341,223
341,223
2,047,338
2,047,331
$1,216,624
$484,527
$8,118,211
$5,509,89*
4,557,589
5,362,170
1,015,750
•Amortization
Operating
Prov.
for
Gross
Int.
on
prem.
Other
taxes
income
long-term
of
and
on
5,359,038
$14,181,624 $11,391,26:
debt
debt
disc.,
exp.
(Cr)_
deductions
Dividends
of
expenses
subsidiaries
Amortiz.
,
1949—6 Mos,—1948
$9,370,742 $60,941,696
$10,131,731
revenue
Depreciation *.
of
only.
Mr.
to
1949, $717,274; 1948, $401,456,
$311,917.—V. 166, p. 1896.
Gross
6 Months Ended—•
income
credited
was
Period End. June 30—
St. Regis Paper Co.—Earnings—
Net
mineral leases is the result of the
income from
the
Southern Co.- -May
.
The
congregation is affiliated with the English Evangelical Lutheran Synod
of the Northwest, which is a part of the United Lutheran Church in
America.
It
is
one
of
the larger
congregations in
the city of
was
$115,215
valid closed first mortgage on the land, buildings
a
equipment valued at $343,412.
St.
$159,972
Celotex Corp. on July .7, 1948 of future
the extent of $565,000 for a cash payment of
Surplus
will be the
bonds
will be
81,000
i..
Period End. June 30—
and
1949,
97,505
The
to
some
Church of Wau-
mature semi-annually Dec. 1,
1950-Dec. 1,
1961.
First National Bank of West Bend, West Bend,
Wisconsin, trustee and registrar.
The net proceeds will be used toward paying the cost of constructing
the new St. Matthews Evangelical Lutheran Church building now under
June
date
are
to
Gross
Bend, Wis., are offering $140,000 31/2%-4%
gage serial bonds at 101.
Bonds
192,086
income taxes—
July, 1948.
In the
nine months ended April 30, 1949, oil income payments had been made
to The Celotex Corp. aggregating $236,045.91, leaving further payments
of $328,954.09 to
be made.
Until these further payments have been
made, the company's income from mineral leases will be limited to
•' :
•;
Evangelical Lutheran
Matthews
State
'-••Vv
statement will be made by the corporation when its attor¬
have had an opportunity to review the situation."—V. 169, p. 1889.
St.
and
income
ments
St.
1949, 17 days in advance of the
held on April 6, 1949.
requires that a financial statement
on March 21,
meeting which
21,
$388,301
credits
income
Income
Net
$5.44
authorized
mandamus
annual
March
on
934
40,793
;
$401,113
150,000
of
were
be mailed to
meeting.
3,216
1'4,844
174,188
income
2,683
$431,665
Miscellaneous
Gross
$6.82
writ
the
leases:
mineral
leases
Provision
"Another
neys
of
by
235,629
210,000
239,000
$1,171,752
statements
company
The
&
12,233
$461,310
673,000
A
General Inline'
303,246
24,813
210,000
Other
•
Companies'
the
13,514,026
34,594,224
May Claim Right to Buy General Aniline Control—
trolling stak in
1,734,835
333,305
$444,311
Dividends
24,000
profit.
with
and
shareholders'
$2,251,293
39,741,755
*
wShinSPaD castnbeneLPf0rmit,te?
$3,719,056
2,063,968
32,047
applic.
30,652
$1,321,752
net
connection
Net
reserve's"
1949—12 Mos.—1948
23,917
—
per
Profit
200,000
subs
169, p. 2425.
series
-
13,625,079
"..!."":!!!
1
with
:
$4,129,097
(net).
2,561,857
2,251,293
contingencies-"
par
?
accounts.
_
($25
compared
as
12Q,040
—
dividend
increase
liab )
etc.
stock
;
...
exchange
were $1.17
2319 .
p.
$290,032
deductions
69,291
pay-
surplus
Earned
in
169,
25,543
income
23,605
Montreal, Canada, to compel this corporation to annul its
annual meeting which was helc^. April
6, 1949, and to call another
meeting, David Van Alstyne, Jr., Chairman 'of the Board, issued the
following statement:
*
•
\
>.'•■
396,924
wages
taxes, interest, insurance, etc....
I.
Est. cost of completion of service
contracts, etc.
U. S. and foreign income taxes (est.)
Dividends payable
Hess
1949,
.
1949—Month—1948
income
78,830
•Equal to earnings per share
800,000
,
_
Accrued
able
shares
sale
on
outstanding end of period—
The
currencies
...
30, 1948, included capital gains
share.
Accordingly the indicated
exclusive of capital gains
a
$323,695
—
income
914,686
...._
loss
V
construction.
LIABILITIES—
Bank
30,
year.—V.
amortization
11,504
124,595
—
watosa, Wis.—Bonds Offered—B. C, Ziegler & Co., West
„
patents,
April
income taxes
170,
full
1,244,647
In¬
expenses,
Goodwill,
$0.04
164,893
taxes
$8,008,678
7,244,622
...
of
Balance
Shares
1,384,830
Cost—.
plants
Unamortized
Prepaid
911,455
1,097,173
corporations
foreign corporations
deposit \v!th New York State
Miscellaneous
tProperties,
domestic
year ended
April 30, 1.S49, include
approximately $0.96 a share whereas
common
revenues
&
Investments, advances and other assets—
.*
the
Sierra Pacific Power Co.—Earnings—
16,146
etc.
Prov. for res. for plant replacement
30,495,045
41,541,458
market)
or
12,466,779
24.595,825
receivable..
(at lower of cost
requirements.
$7,992,532
"St. Lawrence Corp., Ltd., has at hand an affidavit from its transfer
agent, The Royal Trust Co. of Montreal, stating that notices of the
annual meeting together with statements were mailed to all share¬
15,973,055
.....
and
Inventories
.
.
;
...
the
previous
1948
$1,675,720
$1.01
$3,372,630
taxes
$2.14
or
Period End. May 31—
Total
inventory values
;r/,'j.rr' A "
VAA"'s~\
*
of
1949
ASSETS—
of
property
fixed for the
Cash
the
tCost of
$9,321,189
It
now.
Subs.)—Earnings—
(&
Nine Months Ended April 30—
Court,
provision fcr rental machines.
CONSOLIDATED
ended
year
in
$0.97
Other
for decline in
Res.
;■
expenses
estimated
-
In
450,000
(in cash)..
Common
the
for
Net sales
2582.
Bresnick,
Carl S.
company
ended April
year
to
South Coast
St. Lawrence Corp., Ltd.—Issues Statement—
paid—!
dividends paid
now
income
approximately
or
applicable
Earnings
>$10,937,968
debt
and
Reserve
540,000
...
Common
$67,885
earnings
—V.
823,502
1,315,926
foreign
etc
is
'
controls the
outstanding.
share.
dividend
•The decrease in
—
investments,
of
Balance
1°47
....
235,359
47,251,191
——
on
preferred
Preferred
$10,848,048
income
Interest
to indicated
loss
167, p.
asserted,
he
1949
Federal
common
earnings for the
Net
1048
of goods sold———
Depreciation
..1—
260,277
164,277,692 147.937,856
78,580,682
85,682,881 78,091,136
foreign income taxes (est.)
reduce invest, in partly-
owned domestic corp.
value
the
Income
1949
Cost
305,742
799,577
149,885
—
market
Prov.
above.—V.
Corp.
sales
Interest and amort, of costs and ex¬
penses on
•After
per
.
Gross
Merge With Parent—
he
said
Mr. Segal
get control.
person
stock
of
NOTE—The earnings for
capital gains of $1,470,237
Income
Selling,
:
Petroleum
Interest income, cash discounts,
income 149,553,847
other
American
Provision
foreign corporations—....
Miscellaneous Income
net
one
no
Corp, of America
earnings after
•Earnings
Rotary Electric Steel Co.—Earnings—
147,136,478
ml; lio
505,166
owned
Total
shares
Sheraton
Other
of
Manager
to
groups
,
—148,175,000 162,439,217
-
discount
been
has
years
and Market
Pan
Total
partly-owned corporations
sale of invest, in partly-
from
Div.
several
6 Months Ended June 30—
Net
YEARS ENDED MARCH 31
1949
1948
1947
—onioirr
„r._
and
Interest
See
'
'
■
past
Root Petroleum Corp.—To
percentage
year.
The
both domestic
fiscal
previous
the
for
Research for the company, as well as VicePresident of Edward Valves, Inc., East .Chicago, Ind.
s ;;
:;
The company operates 17 divisions and subsidiaries making a wide
variety of products including gas, water, and oil meters, ga3 regu¬
lators, cast and forged steel valves, lubricated plug valves, wood
and metal working machinery for industrial,
commercial and hobby
use,
taxi-meters, fare registers, cash registers, punch presses, hard¬
ware
and fittings, foundry equipment, packaging machinery, parking
meters, hydraulic drives, iron and bronze castings and machined parts.
—V. 168, p, 949.
volume in
second largest sales
The
achieved
that
Utility oper. income-
\.T'.l;-
.
.
Marsteller
Advertising
James H.
—
Mutiplex
,
two
Years Ended April 30—
Net
Federal
Power Tool Division, which will market Delta,
and
Delta-Homecraft wood and metal working
days.
few
next
the
stockholders'
General
A.
Crescent,
■_
Annual Report
1 said in part:
Remington Rand, Inc.
Rand, President, on June
2,000,000
Deprec.
elected
pany's
$200,639
■'
said
Maintenance
Vice-Presidents—
Marsteller, Ch'cago, and Robert P. Melius, Milwaukee, have
Vice-Presidents,
Melius
was
recently placed in charge of sales for the com¬
Wm.
been
tools.
$187,808
$37,846
*-■ "i-
'
to
Rockwell Manufacturing Co.—New
137,000
$12^,466
surplus^.
earned
to
—V.
was
report,
Mr.
>■
$0.51
share
common
the
of
groups
Operation
337,689
25,000
1,162,327
6-30
at the company's plant at Youngwood, Pa., has been
by more than 444 workers in the last several months, bring¬
total number of employees there to 1,234 as compared with
the April low of 790, said Mr. Robertshaw.—V. 170, p. 111.
Mr.
62,846
,
the
ing
12
7,000
—
$1,343,321
98,220
1,064,250
*$1.26
effort
the
two
meetings were scheduled for Philadelphia July
27, Boston July 28, Los Angeles July 28 and New York July 31-Aug. 1.
—V. 170, p. 11.
■
,
' " ■
69,873
$592,736
60,329
the
Segal
Other
increased
168
6
dividends....—
6-30——
pfd,
within
country
defeat
of
The leader of the other faction,
Brooklyn, sandal manufacturer.
Employment
$337,533
19,463
inc-
net
from
Deducs.
$301,699
3,109
;V ~
36,416
said that the decline in gross sales and profits was
a
general falling off in demand for the company's
products and
large inventories in customers' hands.
In the last
several months, however, there has been a reversal in this trend, added
Mr. Robertshaw, particularly in the Robert-haw Tnermostat Division.
20,514
$62,852
per
attributable
$358,047
$16,413
3,053
(Cr)_
(chgs.) —
Extraord,
Net
$324,532
4,414
income.
ordinary
Net
$66,159
after
figure
annual
309,629
income—
nary
1,413,195
629,152
reported as $1.08 last year, because it was calcu¬
lated on the basis of complete conversion of the preferred shares,
John Robertshaw, President, in a statement accompanving tn* semi¬
$48,418
ordi¬
from
Deductions
$14,410
310,122
$20,827
ine—„
ordinary
Gross
-
——■
shares outstanding
Common shares outstanding
Earnings
63,921
the
to
is headed by Joseph McGoidrick, New York
attorney and former New York City controller, Mr. Segal charged,
adding that McGoidrick "is trying to get proxy votes cn 400 shares
in the company."
has
1949
1948
$11,389,181 $16,472,793
....
Pfd.
expenses.
$2,238
:
i
—1
—
dividends
income
Net
tlnclud-
$548,801
500,383
511,113
a
$0.67
$5,296
income—noncommunication
Ordinary'
sales
profit
•This
$525,523
$107,977
revenues...
Total
Net
Preferred
1949_5 Mos.—1948
1949—Month—1948
$108,573
102,681
104,335
31—
Period End. May
Controls Co.—Earnings—
Robertshaw-Fulton
America—Earnings
Radiomarine Corp. of
of
Six Months Ended June 30—
9,273.888
$0.25
$0.31
$0.62
•Including interest and dividends from other investments,
ing
operating,
development,
eel ing and administrative
.{Based on 13,881,016 shares.—V. 170, p. 111.
{Earns.
at
company
Mr.
Net
preferred
Bal.
10,850,288
1,576,400
281,287
The
One
called
been
$137,600
President,
Segal,
seeking to gain
are
seeks
for redemption on Aug. 15, next; at 100
first mortgage 5Vu% bonds, due Feb. 15,
1963.
Payment will be made at the Citizens & Southern National
Bank, Augusta, Ga.—V. 158, p. 1538.
;
:
have
interest,
said July 26 that two stockholders' groups
coptrol of the firm in separate actions.
has assets of $3,151,816, Mr. Segal said.
He spoke
stockholders' meeting held in Chicago, one of several scheduled
Louis
across
Ga.—Partial Redemption-
Riverside Mills, Augusta,
There
700,000
10,122,049
1,576,400
the Justice Department
Rand move was opposed by
Remington
by Chemie attorneys,—V. 169, p. 1889.
and
7,252,000
142,169
3,385,000
4 189 965
profit
dividend-—.
Net
750,000
447,303
6,861,000
375,000
patent rights
Interest
The
and
176,079,713
154,569,290
2,426,848
88,026,415 187,257,987
77,830,578 166,113,296
1,229,678
2,964,339
94,930,159
goods sold, etc.
Total
n
tCost of
194j~6 Mos--—*948
125,712
*
Segal Lock & Hardware Co.—Two Factions Seek Con¬
trol—
Remington
266,518
owneJTreignhS.
holding
was
87,700.703 186,618,346 "3,595.163
94,663,641
income
'Other
Chemie has denied the government's claim that Chemie
the stock for I. G. Farben, the German dye trust.
Rand attorneys were given permission by Judge Alex¬
ander Holtzoff to mtervene in the case.
The firm contends it has a
contract with Chemie
to buy the stock in question for $25,000,000
if and when Chemie should recover it.
recovery.
Subs.)—Earnings
1949—3 Mos.—1949
Period End. June 30—
Monday, August 1, 1949
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(402)
10
pfd.
subsidiaries
30,744
stock
'
Net
income
•Of
plant acquisition adjustments.—V. 170, p. 246,
Number 4825
170
Volume
Southern Colorado Power
output
Electric
totaled
this
of
THE
for
the
week
ended July
responding
COMPARATIVE
has
'
:
etc.,—
1,123,069
962,058
2,644,959
Amato
active
has
in
(403)
While
been
it
elected.
Assistant
Vice-President.
the
factoring and textile fields since
organization in 1938.—V. 169, p. 1998.
Talcott
the
129,060
294,610
317,841
10,400
11,500
24,530
Period End.
2,213,613
118,000
30,200
taxes
CHRONICLE
He
1924
and
Operating
Operating
Federal
May 31—
Net
$293,883
revenue
oper.
3,994
transportation
rev.
$289,522
'
$765,445
Z)r8,601
Dr25,199
■
'
Utility
$720,450
17,772
to
Other
income
$3.50
The
$9,585,740
$8,644,176
The
649,415
7,309,471
6,853,690
in the
amount
38,000
695,000
512,000
things,
a
(net)-
$100,220
$1,531,269
3.699
12,258
53,460
;
$1,278,480
80,537
Net
$297,877
$280,921
$740,245
61,645
126,594
Gross
$738,222
39,729
income—__
oper.
159,162
deductions
income
Income
$170,929
$112,478
$1,634,729
4,613
243,583
49,195
of sales at
income
conversion
NOTE—The
street
This
transportation
Net
$579,060
department
—V.
time
net
The
reduction
surplus.
earned
come
on
attributable thereto
taxes
profit
The
in March,
system
of the street railway property at the
charged to earned surplus and the $110,000
was
in
the
of
sale
the
1949, and the resulting effect
surplus.—V. 170, p. 345.
income taxes will
on
the
to
Operating
revenue-
Operation
3,110,645
'
—;
and developm't-
Explor.
Maintenance
of
taxes
■
and
Net
94,108
$4,013,243
$6,438,530
1,639,411
$4,799,119
CONDENSED BALANCE SHEET AT JUNE
!':V-
property—
Investments
i
Cash
——
Special
U. S.
Treasury securities, at cost and accrd.
receivable—less
Accounts
stock
2,642,141
1,876,949
189,291
207,670
86,461
2,858,912
442,267
672,391
87,762
—
—
Capital
63,672
—
expense
—
—
—_
11,662,966
5,099,966
designated,
1,237,573
14,104,996
The
27,700,000
Notes held by
10,200,000
Accounts payable
——955,671
Customers' deposits and accrued interest——■
—
3,807,471
111,750
—
:
.
Capital stock of sub. held by public
First
bondsbanks
mortgage
Accrued
taxes
-
:
-
—
interest
Accrued
—————42,257
Miscellaneous
Premium
in
debt
on
process
of amortization—
and amort., etc.
Contributions in aid of construction—
Total
—V.
—.
15,663,696
86,905
for depreciation
Reserve
—
——
170, p. 112.
j
.
,
,
have
to
Gross
—V.
for
345,
p.
1
,
from
one
Standard Oil Co.
for
be
Net i
added
until
this
the
all
Mr.
of
SWIFT
sales
by a 145
experimentally
that
time
the
purely
TE-2A
V.
170,
into
—Jan. 1 to July 31
The
,
Co., a division, Cincinnati; Ohio, has
dyertuffs, fast bases and salts, naphthols and
intermediates
to
its
line
since
taxes—
sh.
851,070
'
Chemical
March
to
compared
as
170, p. 345.
28,
63
in
according
the
to
a
report
compila¬
new
issued
.Vv
v-v;,;
:
,,
Sun Oil Co.
his
the
remarks
"Last-half
projected
to
stockholders,
comparisons
rate
of
wiil
A
,
protective
been
Lee
committee
Third
Ave.
formed.
W,
The
our
for
Ry
Com.
shs.
tEarns.
i
■
in
March.
■"■":^
1947
4,507,075
$5.01
4,932.380
share
com.
•After
This
as
brought
compared
of
the
Smythe,
B.
the
mortgage' "income
adjustment
$2.56
,
Thatcher
C.
organized
by Harvey Lee
adjustment
bonds,
that
so
Balance
31—
•
4,119,224
$2.71
$4,360,212
3,434,943
$1.21
$350,000
owning
they
a sub¬
proceedings.
have
$29,046,946 $30,023,452
\
-
—
income
——
development
were
assumed on July 1,
1942, by Third Avenue Transit
when it absorbed by merger the Third Avenue Railway Co. and
other affiliated companies. ~
;-,
expenditures,
etc..-—
596,660
EARNINGS OF
$29,643,606 $30,849,660
23,673,096
17,351,397
share.—
——
abandonments, interest on debentures,
and provisions for depletion, depreciation, losses of subsidiaries, and
federal income taxes.—V. 169, p. 2426.
and
rentals
(James) Talcott, Inc.—Earnings—
6 Months Ended June 30—
;
'
„
After
per
2%
base
in
maintenance
Engineering
Co.,
230
from
(DC-4i
globe-circling
trip
of
in¬
and
Denver,
v
-
,
Salem
Mainliner
use
landing
experience
'
the
of
de¬
in
electronic
"push button"
Keener's "flying office"
the next four montns.
as
during
approximately
goods,
in
Salem,
to
.
Ohio,
United
Air
about
start
visits to 33^ cities
on
La^t
he
year
maue
DC-3.
a
have
been
effects
made
and
in
air
freight
rates
unaccompanied
eight major cities
19.—V. 170, p. 149.
July
on
50%
personal
and
income
baggage to
Mainland, it was
the
on
1949
1948
$930,158
—
$2,075,313
566
6,816
—
—
Net
$936,974
135,099
20,822
—
——
other
than
notes
on
Provision
Income
payable
Federal
for
income
tax
banks
to
income
transferred
136,542
15,896
16,000
—.
42,000
109~300
$723,053
$1,814,141
tax
to
$2,075,879
surplus——.
To Sell Columbia Shares—
the
the
on
beginning
of
July
28.
is
plan
System.
to
sell
Inc.
50,000 shares
This
sale
is
of
to
be
Exchange during a three-month period
holds 1,031,336 shares of the Columbia
less
-
.
Gas
Stock
United
.
This
169, p. 2534._
i
-
company's
Columbia
York
New
common.
the
approved
stock
common
Gas
V.
has
SEC
made
than
10%
the
of
shares.—
outstanding
"V
,
*
..
-
;
■
United Gas Pipe Line Co.—To Borrow From Parent—
The
SEC
parent
for
the
SEC
The
used
the borrowings would ba rradp during a period of one
clearance In such instalments and at such time as
be
may
date
required
notes
of
and
Pipe
of
the
Line,
loans
payable
issue.
has
SEC
parent, United Gas Corp., have applied to
authorizing borrowings by the subsidiary from
aggregating not in excess of $8,000,000. Tho
by Pipe Line for its construction and develop¬
amount
be
program:
after
its
order
an
in an
would
ment
year
and
company
the
the
after
income
share
on
$286,428
taxes—:
322,056
common
regular dividends on the 4%%
shares
-The
$0.84
•
.-.o«4<?=e
$325,255
$0.96
cumulative preferred stock.
■'/n
will
on
be
interested
evidenced
before
or
six
until
persons
by.3%"
from
years
.
,
given
.
results
not
were
of
-
-
.
Aug.
8
to
„
request
,7-
/;
operations for
satisfactory,
a
Three Months Ended March 31—
:
'
•
1949
revenues
1948
$6,404,248
5,312,798
$313,699
486,672
expenses
$5,626,497
6,205,851
—_
482,975
;
write-downs,
related
showed
showed
taxes,
which,
loss
a
fiscal
off
of
before
$2,391,093
ended
March
31,
the
extraordinary
or
or
$1.52
$4.79
per
per
inventory
share
of
inventory write-downs and related tax credits.
fiscal year end, the company's net worth had a book
the
$57
share
share.
a
At the
same
date,
the
net
working capital
was
after
recognizing the market value of securities carried in
assets, and long-term indebtedness. ;
;
,
Nonoperatmg
r-
—
t$288,275
income
t$169,276
17,841
19,283
•
•
The
ratio
of
current
assets
to
current
liabilities
was
March
debt
Gross
•Total
income
t$270,434
deductions
t$149,993
929,495
694,731
_
loss
7 $1,199,930
interest
the
at
rate
justment income mortgage bonds.
of
5%
on
Third
Avenue
$844,724
Ry.
Co.
ad¬
31, 1949, as compared to 4.3 to 1 at March 31,
equaled approximately 17%% of total assets and
25%
of
net
-
at
the
end
of
the
year.
Trade
Other
1947
1948
1949
sales
$33,088,060 $48,880,751 $47,121,093
62,467
15,807
14,999
income
Cost
—
of
products
Selling,
—
sold
—
engineering,
$53,150,527 $48,896,558 $47,136,092
45,013,068
40,581,810
3.287,688
115,684
4,104,078
Interest
Empl.
Prov.
for
Misc.
Fed.
expense
-
retirement
338,762
239,446
other
and
.
inc.
doubtful
plan
prem.—
63,134
accounts
inc.
•Net
*32,369
77,347
1,750,751
(est.)
profit
1,480,450
1,036,120
Cr6,842
•After
Cr2,576
$2,621,523
shares
Earnings per
outstanding—j.——
common
provision
437,297
share
for
74,953
154,943
23,051
taxes
Adjust, for prior periods taxes
Common
3,854,009
,)
38,000
deductions
Canadian
40,257,799
development
depreciation
1948 and $468,602 in 1947.
437,297
of
$646,506
$1,649,763
437,297
$5.04
$3.32
$2,397,847
<■
$5.56
in
1949,
$559,13oTn
1
'
at
1948. Funded
approximately
receivables
Net
working capital
with
were
the
totaled $16,611,193
at
March
31.
1949
as
com¬
$21,666,907
at the previous year end.
The decrease of
largely the result of expenditures of approximately
$3,000,000 for capital additions, and losses resulting from the extraor¬
dinary inventory write-downs and decreased sales.
'
7
■Additions
fixed
to
assets
totaled
$3,066,409 during the year, or
approximately $2,220,000 less than during the preceding fiscal period.
The most
significant disbursements for additions were preliminary
expenditures for the construction
of new facilities at Brownsville,
Texas.
The more important of the remaining additions were the com¬
pletion of the resin plant at Newark, N. J.; the fire-proofing and
improving of the two ocean-going tankers, the S.S. Carrabulle and the
S.S, Catahoula; the expansion of shipping facilities at Curtis Bay, Md.;
the extension of the storage, handling and packaging facilities at Chi¬
cago, 111.; and; the erection of research and pilot plant facilities at
was
r
Six Months Ended June 30—
to
a
non_
sales.
$5,055,714
Thompson Products, Inc. (& Subs.)—Earnings—
worth
4.5
value
$24
equivalent of approximately one month's sales, and inventories, valued
at the lower of cost or
market, represented less than four months'
pared
tLoss.—V. 170, pp. 12 and 148,
after
share after the
extraordinary
current
Operating income
1949
„
inventory
extraordinary
sales.
in
$758,907
of
of
year
because
falling
a
profit
a
■;
the
primarily
coupled with
Operations for the year
SYSTEM
826,208
$5,970,510 $13,498,263
$14.11
$31.91
————
•Including lease
Earnings
operating
of
increased
country;
50,000-mile,
write-downs
and admin, expense
income
a
of
period last year.
gains to more extensive
U. S. Industrial Chemicals, Inc.—Annual Report—Wil¬
liam P. March, Jr., President, on June 23 said in
part:
and
Total
Net
improvement
70y2%
1910,
•Includes
<,'■
—
income
per
of
flights
29,225
and
same
Months Ended June 30—
Interest
5%
Corp.
Net
income
the
of
schedule
hearing.
Taxes
1949
1948
Gross
operating income—:— $41,418,093 $39,922,812
Production, operating,
geological, geophysical,.
~
taxes and gen. and administrative expenses12,371,147
9,899,360
income
on
June
over
"
95%%
installation
300s;
•
serve
Income
Taxes,
Chairman;
Jones,
reserves
proper
Nine Months Ended May
Net
within
or
destinations
income
by Third Avenue Transit Corp.)
are
the pending
proceedings in behalf of the holders of the adjustment
mortgage income 5% bonds due Jan. 1, 1960, which are outstanding in
the hands of the public in the principal amount of
$22,215,900. These
adjustment bonds were issued by Third Avenue Railway on Jan. 1,
Net
Net
on
Total
President,
$198,397
1946
Superior Oil Co., Los Angeles, Calif.—Earnings—
Total
time
on
final
.
of
significant
across
centralized
a
Honolulu
announced
net
with
,
•Intangible
of
promissory
$370,000
the
Mainliner
business tour of Europe
from
The
stantial and personal interest in the pending reorganization
The committee and its counsel will participate actively in
Operating
for depreciation, amortization,
income taxes (including in 1949 $3,250,000 of
accelerated depreciation of postwar facilities).
tAfter preferred divi¬
dend requirements.—V. 169, p. 2320.
setting aside
depletion and Federal
Miscellaneous
use
funds
of
the
over
four-engined
household
At
1948
1949
$12,822,993 $22,799,153 $11,360,170
-
outstdg.—
per
Cuts
funds
been
Vice-
5,500 flights,
improvement
year,
minutes
category—an
arrivals
President
a
countries,
and
even
greater disparity," but
activity suggests "the probability
industry."—V. 169, p. 2320.
(assumed
membeVs
the
of
15
Francisco.
24
on
t$2.40
counsel.
has
at
100%
a
1.
similar
1,112,009
Sweeney, with Abraham Rotwein, Sec., 545 Fifth Avenue,
17, N. Y. and Scribner & Miller, Edwin M. Slote and Harvey
committee
departed
arrived
it—47'/2%
to
Herlihy,
A.
approximately
July week-end.
same
in
of
Interest
Third Avenue Transit Corp.—Protective Committee—
'
95%
before
J.
Cuts Freight Rates—
show
construction
reasonable sales level for
a
Chauncey
(& Subs.)—Earnings—
6 Mos. Ended June 30—
income
anticipated
is
United Corp.—Earnings-
$2.78
liabilities
Operating
•Net
a
of Schedules—
ever
to
of
Expenses
of $2,159,778
against $3,097,607.
capital on June 30, 1949, to $8,196,401,
$6,696,612 on June 30, 1948.
In
operated
months
airports
plane will
a
1947
1,280,442
working
said:
than
80%
within
the
The
151,982 shares outstanding in 1947.
30, 1949, consolidated balance sheet shows total current
$10,356,179 against $9,794,219 on June 30, 1948, and total
of
assets
for
Aug.
(basis,
$1.84
with prices to customers this month (July),
items in these classifications are represented in the
89
listing
at
record
a
continuing
are
would
of products issued
current
—v.
continue
to
establish
reduction
some
closer
these,
and
of
six
or
DC-6
Keener,
Lines
-
June
current
at San
bought
total
(New Jersey)—Registrar—
new
of
to
operations
according
airline
attributed
use
Dividend
1948
in
major
the bonds, and by Abraham Rotwein, whose mother owns $20,000 of
such bonds. Altogether the committee and counsel own or represent a
31
total
and
:
minutes
fourth
first
Herlihy
San
has
on
This
of
A
the
„
$11,926,779 $16,536,367 $11,424,607
—
tEquals $7.21
New York
total
tion
the
during
reorganization
Hilton-Davis
a
$1,000,000
expected
are
year
although
moved
Of
15
time
were
at
base
as
the 145hp.
experimental project.
will be made,
production
1949
i.
Henry
1943
1949
Sterling Drug, Inc.—Unit Adds to Line—
The
added
the
Automotive
creasing efficiency of the company's huge
TE-2A,
an
the
on
Three
common
455,946 shs.)
has
345.
p.
of
record,
schedule
the
over
personnel;
today;
(& Subs.)—Earnings—
—
per
of
all-weather
aids
airplane powered
figures on the TE-2A
completed.—V. j.70, p. 143.
are
income
June
schedules.
partures and 33%
.
performance
no
tests
profit after chgs. and
bonds of the
Co. of N^w York has been appointed registrar
$150,000,009 2%% debentures due July 15, 1974.—
of
issue
other
its begin¬
year.
arrivals
sold
Net
of
last
During
for close to sfc.000 as compared to $4,495 for
SWIFT, and TEMCO intends to analyze the po¬
a
two-place airplane in this price
range
very
putting the TE-2A in production.
before
in
within
or
departed
for
McCulloch
released
of
.
Guaranty Trust
the
remainder
performance
minutes
sections
castings
various
of
of
The
at
Indicative of the improvement trend, a record-breaking 97%
of all
flights departed on time or within 15 minutes of schedule and 89'/2%
of all flights arrived within 15-minute time limit in the week
ending
July 7, Mr. Herlihy said.
Performance included handling 41
extra
Boeing
Consolidated-
from
other
machining
emphasized
at
Net
'
.
,
the
Six Months Ended June 30—
133,378
140.474
22,236,658
1,065,128
$6,510,206 $160,075,290 $179,238,534
$5,095,901
earnings
170,
contracts,
the
*.
,
1948
1949.
,V'
and
125hp
market
Mr.
11,662,966
Earnings—
Week End. July 31
Period—-
of aircraft products
corporation
97%
in
present
be
:
Southern Ry.—Estimated Gross
additional
said, until completion of an extensive test program
getting under way; and even under the most favorable con¬
TEMCO could not hope to introduce it until 1950 at the
carefully
90,673,251 119,846,456
-
approximately
quarter
though
1928.
schedule
Inc.—New
TE-2A, Mr. McCulloch said,
tential
219,970
on
surplus
surplus
the
among
even
.
a
time"
or
is an outgrowth of the development
145hp TE-1A military type trainer.
Preliminary cost estimates, he said, indicate that the 145hp TE-2A
the
5,932,741
Premium
Capital
Earned
during
reflected,
effected
,
TEMCO
he
is
Thew Shovel Co.
($7.50 par)
common stock
This
the quarter was higher than
increased
President—operations.
During the month, the
the
would
1,237,573
17,208,814
1,558,087
39,935,000
10,760,000
;1,262,781
1,392,920
—
—
stock
Co.,
Vr, ,r\:
putting
cn
now
of
5,099,966
-
—
$500,000
was
company's
p.
"on
McCulloch
LIABILITIES—
-
j
two
90,673,251 119,846,456
Total
Common
of
United Air Lines, Inc.—Operated 97%
earliest.
•
;
Manufacturing
calls
model
time
same
is
decision
ditions,
1,554,450
290,242
—
the
at
just
6,683,500
554,450
290,242
1,811,265
——.——
for
This
Division,
contract
1950
Mr.
$
4,207,013
reserves
Materials, supplies and merchandise
Prepaid taxes, .insurance, etc.Deferred charges
&
announces
Wichita
Convair
No
7,562,366
int.
the
4%
H. Haggerson, President, announces that Homer A. Holt, Gen¬
Counsel; Morse G, Dial, Treasurer;
Kenneth Rush, and I. M.
have
been
elected Vice-Pre.idents
of
the
corporation.—V.
169,
Ohio
the
of
proposed
but
—
—-
of
year.
,
Co.,
SWIFT
—
.
—
sale of securities—_——
deposits from
completion
horsepower Continental engine now is being test flown
by this corporation, Robert McCulloch, President, announced
73,887,544 104,551,119
i_.
for
Plans New Swift Plane—
solidated
$
and
calls
forgingc for the B-36.
A
Con-
ASSETS—
plant
and
1949
30,
Company
Gas
was
for
from
Stewart
for
The
$4,022,252
v'
•
;
capital
Shipments
level for the
eral
Ohio
.
993,108
$3,501,795
in
Aircraft Corp.
I
Boeing contract calls for tooling and fabrication of beam chan¬
the B-47 Stratojet.
The channels are approximately eight
feet long and will be formed by the TEMCO
drophammer department.
$5,015,360
511,448
$4,205,783
lipe
pipe
loop
The
nels
207,492
1,085,119
income
$2.06
or
improved
Fred
$0.50
Vultee
,
$4,807,868
614,456-
the
of
Engineering
company
Airplane
1,414,282
2,649,363
$5,290,902
deducts.-
other
/
:
$6,344,422
$3,398,787
580,311
income-
Gross
Int.
$4,710,591
income--
;
1,748,234
3,333,982
schedule
Contracts—
135,584
731,536
2,365,752
26-inch
sales
second
$25,226,286
Union Carbide & Carbon Corp.—New Vice-Presidents
2,279,312
15
1,834,706
1,843,028
923,021;;
——
construction
by the end
Texas
The
income—
Other
2,552,437
135,569
Fed. and State inc. taxes
Operating
1,305,845
-
corporation's
$14,139,308
3,365,303
$0.73
*-$0.26
-
company's program of instaling automatic valves and relocating
valve
positions at compressor stations
together with certain other
plant betterment work is almost completed, and should be accom¬
plished in the third quarter, Mr. Hargrove stated.—V. 169, p. 1927.
5,574,433
345,595
1,239,970
6,452,359
291,848
1,445,627
adjusts—,
than
in-
the
on
1,202,204
$0.37
$996,950.
on
the
quarter
consolidated balance sheet at June 30. 1949, shows
current assets of $39,901,070 and current liabilities of $12,548,328.—
V. 169, p. 2320.
The
plant
utility
other
•come
;
j
1,819,725
.
acquisition
Taxes,
2,521,579
345,595
663,063
The
program
1949—12 Mos.—1948
and
amortization
Amort,
281,849
821,549
—
—
depletion
Deprec.,
pleted.
$20,700,729 $15,416,787 $30,005,151 $23,726,634
6,667,597
4,607,354
7,700,673
5,724,833
;
purchased
Gas
share
per
second
1949—6 Mos.—1948
$7,461,670 $22,262,755
1,633,116
the
reported.
—Company & Subs.—
Company Only
$2.19
profit
reduction
a
peacetime year.
to run at a relative high rate,
in the latter part of the year.
increase delivery capacity to 740,060,000 cubio ieet of natural gas
day is progressing according to schedule, R. H. Hargrove, President,
To date, 78 miles of a total of 170 miles have been com¬
a
1949—12 Mos—1948
$2.32
against
as
of
for
reported that no substantial change has occurred in
outlook for the company's operations in the immediate
general
volume
$1,309,822
•
$11,024,300
taxes..
Construction
Southern Natural Gas Co.—Earnings—
Period End. June 30—
$1,385,146
1949—3 Mos.—1948
revenues
after
profit
Earnings
earned
reflected in
'
•
Period End. June 30—
Net
transportation
bus
N
Operating
credited to
was
share.
common
247.
p.
$107,865
597,866.86 shares
■„
profit
notes payable.
inventories which
in
future.
Texas Eastern Transmission
Corp.—Earnings—
book value
abandonment
of
estimated
per
170,
$141,418
r
of the business
results of, individual quarterly
Crawford
The
reduction of $110,000 in 1947 income tax
in an estimated
income
Earnings
from
operation to bus operation was completed in December, 1947.
change involved the abandonment of the street railway property
liability.
be
the
of
$613,651
■
car
resulted
and
$219,276
>$258,148
—
margin
the close of
Working
quarter.
high
Net
characteristics
current
of
reduction
ning.
$1,359,017
29,511
deductions
share,
per
reported
company
Mr.
Income
Net
11
5.8%,
$787,035
$167,230
months.
or
74,000
income-
the
compare
President, noted that sales for
were $27,861,774
as
compared with
year
three
$765,456
-
taxes-
oper.
this
first
quarter.
level
Net
of
524.226
revenues
expenses J
income
1949—12 Mos.—1948
to
Crawford,
C.
$1,624,573,
that due to
misleading
times
F.
the
first
1949—Moiith- -1943
out
pointing
at
was
periods,
quarter
for
Tampa Electric Co.- -Earnings-
1949—12 Mos.—1948
$3,282,104
exps.,
FINANCIAL
ACCOUNT
$3,729,544
income taxes
A.
been
joined
$1,392,140
Operating
income
Joseph
cor¬
$1,545,352
revenues
State
1949,
20,
for the
—
Operating
Federal
INCOME
1949—5 Mos.—1948
31—
Period End. May
&
New Official Elected—
Co.—Weekly Output—
company
kwh.; as compared with 3,125.000 kwh.
week last year, an increase of 0.9%.
3,152,000
COMMERCIAL
Fairfield, Md.
Plant
expansion
•
•
and
improvement
expenditures
of
approximately
contemplated for the ensuing fiscal year. Most impor¬
tant of the projected additions are the completion of the new facili¬
ties at Brownsville, Texas,
The balance of the capital expenditures
$4,000,000
are
budget comprehends the expansion of synthetic chemical facilities at
Fairfield, Md.; the completion of a program for storage and packaging
facilities at Chicago, 111.; the Improvement of dry ice producing facili¬
ties at New Orleans, La.; the expansion of pilot plant and research
facilities
at
Baltimore, Md.; the expansion and improvement
of essen-
12
THE
(404)
Ual oil
insecticide
and
producing facilities at Bayonne, N, J.; and, the
replacement and rehabilitation of sundry equipment at all locations
in order to maintain the plants at sound operating efficiency.
all
that
expected
*
Net
•*.
sales
-
administrative
and
clal
security
Wear
Net
operating
credits
$805,328
833,879
—*
income
Gross
Income
;
charges
other
taxes
Federal
income
Dividends
—_tCrl,350,000
601,361
1,154,363
declared
*
—
17,206,053
taxes
—
6,304,919
to extraordinary inventory
applicable to income exclusive
10,879,065
Income
♦Based
MARCH
31
32,
I949
United"States
Notes
accounts
and
Inventories
receivable
(at lov.er of cost
(net)
4,466,463
631,000
4,715,794
13,349,487
17,207,363
of
910,348
16,512,316
share
'
est. mkt.
or
value)
Prepaid taxes, insurance, and other expenses-.*
864,767
♦Land, buildings and equipment——
—-—
18,346,550
(at book value)—1,393,067
Investments
Fund
replacement of tanker——~~—-r,
charges (net)—
for
Deferred
Patents
and
licenses——
Total
647,454
Accounts
480,569
*
Taxes
payable
i
—-.
.
liabilities-
current
stock
of
after
3
for
15-year 2%
sink, fund notes, dated Dec.
Reserves
for
15, '45
Feb.
dividend
a
value,
par
of
common
stock
received
$1.50
which
Reserves
for
replacement
Reserves
for
hurricane
Com. stk.
Earned
tanker———_
of
170,232
stockholders
common
Total
——-
♦After
^
in
United
169,
Nov.
since
States
Net
sales
Cost
and
operating
expenses—
May 31—
of
split
10,
1949.
on
a
a
'
profit
Other
income
Net
(net)
before
Provision
Net
taxes—
record
4,
stockholders,
Prov.
taxes
for
income——
Net
on
income—
(net)_.
Net
$272,124
113,867
deductions
income
1,730,194
stock
4,170,000
'
$206,907
sh..
com,
——
205,800
215,200
Net
profit* available
Earnings per share of
to
stockholders
$6,133,300
stock—-—$4.29
$5.28
The
corporation reports for the fiscal year ended April 30, 1949
profits, including its equity in tmdistributed net earnings of com¬
panies not consolidated, of $6,480,400 after write-downs of approxi¬
mately $1,300,000 during the year', more than $1,000,000 of which
taken
was
the final
in
dividend
to
$4.39
on
April
iiscal
shares
common
solidated
for
the
equities,
affiliated
compared
'
April
the end
/• ./: •
1949,
30,
of
the
♦$207,927
$1,407,506
for the
not
$62,553,000
Wabash
the
USP
ended April 30. 1949, excluding sales
consolidated, amounted to $67,130,000 as
fcr the preceding year.w
has
been
approved for
use
July
No.
■
of
dends, is
reported
the first quarter.
os
$94,052,265,
as
as
months
of, 1948
dividends.
of
of
$44,123,595,
Income
1949,
compared
-as
for the first
compared
with
before
six
declaration
Current
fecent
first
any
operations
lessoning
in
!
the
!if6L2iLday! °I, *?u,Iy'
of 70.3 !c
of finished
decline.
For
*
the
week
with
$49,928,670
months of
as
per
of
steel
income
reported
of
consequenoe
the
six
first
half
months
shipments
demand
steel
for
shares—
for
declaration
ingots
and
Waltham
'
We
total
facilities
for
New
rnflV
a
production of
of
castings
over
the
$1,003
payroll
statistics
the
second
quarter
2nd Quarter—
in
as
the
second
compared
number of
employees.
payroll
plan
in
file
additions
$6
to
million
to
new
will
postwar
of
projects yet to be
$208 million—a \ total
million.
„
for
of
the
1948,
30,
has
1943,
;
<
quarter of" 1949,
follow:
been
company
are.
will
A
.
to
as
'
295,540
$264,281,151 $235,553,344
the
of
,'
'
the
amount
until
all
will
effect
Penn
Monongahela
Power
Co.
of
new
show
168,
'
'
decrease
a
1299.
p.
of
yet
1,100,000
claims
shares.—-V.
statutory
themselves
the
Power
being
The
Justice
flow
Power
plan
a
order,. Mr.
divorcement- of
their
with
of
the
are
dividends
to
the
West
Penn
filed
principal
Co.
the'suit—previously
The
•
three
government
on
formal
These
20.
prohibit the
set
up
stock
170,
decrees
to
will
be
are
West Penn
by
the
and
the
132
wholly
owns
theatres
are
500- of
....
wholly
its
to
345.
p.
v/
and
other
deducts.
630
owned.—V.
r;
has
the
pfd,
on
to
when
Co.,
Company
..
¥
$1,025,677
'
3,387
2,582
$1,113,043
$1,028,259
250,146
84,143
since
84,143
has
progress
Jan.
1049,
1,
169.
p.
sum
2037/ 7/
201,942
.
made
of
in
the
construction
approximately $2,000,000
'
'/ " :
/
-
/
Co.—-Earnings—
1949—-Month—1948 .' 7
.
1949—5 Mos.—1948
$15,503,758 $16,167,471 $74,781,301
revenues
196,734
$660,955 :/ $618,343
depreciation. / "
and
been
the
213,182
$815,077
'
$218,477-
,
Western Union Telegraph
/.
$1,109,656
:
$862,897
$253,297
—
spent.—V.
Total
oper.
revenues---
»15,638,115 ,16,149,891 /76,948,815
►134,357
with
by
the
Sep¬
practices
court
ap¬
of
17,580
income—non¬
,
$79,053,334
70,883
Gross
♦63,474
/ 93,063
ordinary inc.—
Delayed
--
-Net,
/•
441,108
ordinary Income-
1.
for
687,457
+1,750,402
1,304,703
7.
2,205,187
,
2^83,982,
*979,279
inc.-
11,826
25,000
*$489,070 7 *$328,449 ♦$3,919,120
•
3,000 '
4,000
15,000
$3,227,271
—
-/
during.month—
net
24,643;iv4,181,550
...Drl,
v
,;
7
.
••
••//'■/
/•,
-
1,160,000
Net inc. transferred to
earned surplus
♦Loss.—V.
*$492,070
*$332,449 $3,934,120
$2,067,271
170, p. 249.
Wheeling & Lake Erie Railway Co.—Lease of Prop¬
erty by Nickel Plate Approved— -
;
•
-
The ICC
on
July 21 approved the following transactions:
Lease by the New York, Chicago & St. Louis RR. of the
properties
of the Wheeling & Lake Erie Ry. and
acquisition under the lease by the
carrier first named of direct control through stock
ownership, of the
properties of the Lorain & West Virginia Ry. and the Toledo Belt
(1)
Ry.
(2) Authority granted to the New York, Chicago & St. Louis
RR., as
lessee, to assume obligation and liability in respect of the payment of
principal and interest on not exceeding $12,681,000 of bonds,
consisting
of $0,870,000 of
first-consolidated-mortgage 4% bonds, and $5,811,000
of general and
refunding mortgage 2%% bonds, series A; $18,930,000 of
equipment-trust obligations/and $6,645,800 of
promissory notes, of the
Wheeling- & Lake Erie Ry.; and in respect of sinking-fund
payments
on
not
exceeding $5,811,000 of
general
Loew's,
•"
.
t./326,58l ,:T*3,955,589
(net)„
accounted
Deducts., from
419,644
:
♦504,582
7:^."-: 15,512
.
income
inc.
617,246
417,112
income
curr.
:(net(7.
./
?2,167,514
75,483
Net
78,436,088
-,
7-/7
7
Deducts, from ord. inc.«7
divorcement
.
expenses__.
Net
:•/
must
»
•
oper.
A
-
Most
been
$5,803,227
4,777,550
96,683
communication
Pictures,
.
trade
950.
and
$6,417,176
5,307,520
$302,620
stock____
—
Operating
7!
\
Corp.
court
without
theatres.
p.
be
1949—12 Mos —1948
120,954
/ Period End. May 31—
Three
theatres, while Twentieth-
159,
will
Power
$337,440
income
but'The s
Orders
certain
-
Mo-
Inc.—Earnings—
1949—5 Mos.—1948
$399,303
/Ordinary
'/
j
from
Commission
Monongahela
$458,394
program
be: issued
to. work
theatres
owns or leases its 486
about
Co.
Power Co., the elect^f^
nropin 1937 to constitute
964
Extraord.
theatre-hoiaing companies
any
Penn
.
the
"$398,339
;
to
government's
outlaw
additional
West
Commission
♦Including provision for Income taxes
five ^major-emotion
ordered
submitted
Electric
of
984
s-a
•
...
Fox
the
were
also
companies
acquiring
proval.
Century
Inc.'s
to
The
the
,
for
Brothers
against
-
firms
decrees
three
from
-
picture
Edison
■7;/7
(:
subsidiaries
income
NOTE—Considerable
in
consented
•
.
motion
system
Potomac
Mr.
Utility Division
and
found
were
revenues
Balance
"January," 1938. "This suit sought
companies' * theatre-ownership business from
five
of
all
step
Public
of
set
are-settled,
Warner
suit
in
System
11
of
^:
'
$457,410
'
1
Century-Fox Film
holdings interests;
'
antitrust
The
2,037,285
Divs,
*" '
production, and- distribution- operations.
Paramount
Corp, and the Radio-Keith-Orpheum Corp.—other defendants
decrees.
and
ruled
the
of
Section
concentrated
-v
completed."
Edison
which
of
Net
picture
Pictures
.
-
first
was
has
that
29
Thompson
Co.
company's
Potomac
Int.
stockholders
Twentieth
■
theatre
Department's
picture companies
.»
the
Co.,
2,254,189
.
their
of
ownership
expenses—
Reorganiza¬
been
Pictures, Inc.—Court
court
and
of
Julv
.C:-
free
a
Gross
the
common
compliance
clause'
in
$2,435,624
$3,881.Q40 debentures. Holders "
creditors'
stated
company,
$2,711,599
Federal
'
.
who the trustees will be:
value of
face
of
week
last
operating income
Nonoperating income
reorganized company :will-cdnsist
shares.
One -new share; will: be issued
common
approximate
Federal
divest
they
1Q48
of
Period End. May 31—
expected to be in "the' hands
control
corresponding
approving
consummation
$1.36
for
majority of
a
date. lias
No
who
made
The
known
be
Warner Bros,
301,657
order
Commission
stocks
West
Operating
♦Operating
capitalization, of. the
should
tember
second
1949
in
$1.09
_
1948.—V.
the
Western Light & Telephone
Co.,
209.362
Movie Firms to Dispose of Their Theatre Holdings—
in
r
and its subsidiaries at June
dividend declarations, : were
at June
in
'
t,
common.-
not
total
-Such
whole
May.
trustees
holders of each $4
-in
1
.more
expenditures brought
postwar period to $795
Its
provisions
The
of, 334,237-shares of present common, stock will get one
newTShare
for lQ old shares.
Unsecured creditors will get half their claims
of
and
President
an
the
taken
The
•
;
voting
i.0f _5,QOO,OOQ 1$1- par)
ingots
ldl.5%
for
Way for Refinancing—
Net
reserves
Co.—Consummation
1 affairs of the
three
nouncement
to
quarter
with
kwh.
recen^ orders of the Commission,"
its
$317,165
•
period
period
-"
-
.
June 15,'46
',
„
•
a^ single lnltegrated^system within the meaning of the Holding
209,362
steel-making
1Q49
Average
Total
steel
Watch
Inc.,-Loew's, Inc.,
and
with
rated
expenditures for
$47
million, or
$499,659,488
Employment
its
weeks
24
same
Warner Brothers
anNeiQaorr<;^ a8SffcS °lthe corP°ration
JLsJi.,l"er deducting the current
#489,804,683, compared with
compared
of
furfcher expenditure
facilities program
continuing
"■ '• '
on
Thompson continued,
place the company in a position to
go forward with the
refinancing
of its
outstanding senior securities... The
company has been actively
engaged in developing such a
program, and the-next
voting trqstees will, bo appointed by the Federal Diitrict'Court,
subject, to approval of the RFC.
Present debenture., -holders-liave
the., right id ..nominate a candidate for' one - trustee post." No an¬
..
year.
totaled
facilities
are
Co.—Weekly Output-1—
Co."
permit
obligations
$2,925,000 of
the Boatmen's
f
$1.32
"
price
gain
-V
properties of- this company for* the
totaled 95,994,900 kwh., a decrease of 9.56%
106,149,000
Commission's
«
The
new
a
the
to the
the
to
Authorized
established
of
issued
with
nongahela
company
until an
RFC loan has been repaid.
The RFC has made $6,000,000 available
to the company^ jof which $1,750,000 has been taken down thus'far.
strike. :
1949
orders
3 949,
JU<ne^30, 1949, authorized
postwar
coal
a
of
8n<* exhaustion for the quarter.
spent
for
which
$260,016
209,362
"" f
realized
"
7
stated, follows closely the
by the Commission two weeks
ago in removing the com¬
mon
stock dividend restriction which it
imposed upon Monongahela
Power Co. in 1945.
The effect of the removal of
this restriction is to
company,
June 14,'47
$308,930.,
depreciation charges and
,
$108,295
:*
,
619,487
in
assume
exceeding
June 12,'48
However, this is a formality since
-By Aug.
of
in
capacity,
second quarter of 1949,
of
not
'$0.92
for
for
compared
meeting.
of
most
July 23,
averaged 99.8%
of
rated
during the first quarter of this
replacements
of
209,362
share-
com.
deductions
assented
is reported
the first six
are
for
capacity.
ended
1949
,
to
company
$223,697
.
zation.
1949
adjusted, ?all before
and castings
by U. s. Steel averaged 80.9%
capacity.
Production
project
The
area.
and
action
Consummation
of
company's reorganization plan is now certain,
following expiration of the appeal period July 20 without filing of
any protest against the plan.
; The
plan was expected to be put into effect by the end of. the
month although trustees have until Sept. 10 to complete their: job"/.
A stockholders' meeting will be held shortly to approve the
reorgani¬
the history of U. S. Steel,
substantially affected by the
steel products
During the
1949- shipments by U. S. Steel were at the rate
and
the
respect
June 11,'49
—
902,076
earnings included
and
ownership that exists within the company's
holding com¬
system of the common stocks of -the
major operating electric
The
tion Plan Certain—No Protest Filed in Appeal Period—
■'
$53,443,018,
-quarter of last year as a
While shipments during
for
in
-
electric
f
divi¬
of
Shipments of steel products in the second
quarter of 1949 amounted
5,276,441 net tons, and for the first six months
amounted to 10,767,657 net tons, as compared with
shipments of 5,491,216 net' tons
for the first quarter of
1949 "and 10,213,689 net tons for the first
six
months of
1948, production having been down in the second"
record
authorized
t£lX68«"
•
to
Righ
authorization
pipeline
gas
Virginia
trust
common
*After
>
Corp.—Quarterly Earnings Report
quarter
undivided
reacquired
249.
1949,
Thompson,
common
Co.
Bank
earnings
Earned
in
York,
the earnings cf the corporation for the second
quarter
Irving S. Olds, Chairman, announced that the directors had
July 26 declared the quarterly dividend of $1.75
per
share on the
preferred stock, payable Aug. 20,
1949, to holders of record as of
Aug. 1, 1949, and a dividend of 50 cents per share on the
presently
outstanding shares
of
common
stock, payable Sept. 10, 1949, to
fcolders of record as of
Aug. 5, 1949. '
: ,T;
"
second
natural
southeastern
Wagner Baking Corp.—Earnings—
1949,
the
22
24 Weeks Ended—
♦Net
Reporting
for
the
in
guarantor
as
NOTE—Sales
Income
8.
Electric
accrued
8.45%
United States Steel
«f
^
and 2322.
$5,377,972
a
4,351
$1,831,652
1,276,042
accrued
and
p.
2,207
$1,306,362
$1,747,051
the
held
,
it
$1,836,003
so-called
'great-grandfather
Holding Company Act, and will result
certificates, series B, to be issued by
of St. Louis,
as trustee,
and sold at 98.15% of par
dividends, in connection with the procurement of certain
equipment.—V. 170, p. 248.
•
\7
and
year
Partition Panel,
$1,308,569
830 /.
divided
with
$2.41
>
RR.—Equipment Trust Certificates—
on
liability,
National
New Product—
as
ICC
equipment
share,
•; ,
'■['
Development of a new incombustible movable partition for office
buildings was announced by this corporation on July 15.
'
Known
of
markets
serve
.The
and
year.
fireproof buildings by the Board of Standards and
Appeals. New
N. Y.—V. 169, p. 2465.
$1,747,881
/
of* the
output
filed
erties
uncon¬
common
1,479,018
'
on
;
of
$356,984
763,356
/
pany
$1,253,280
$2.74
$0.17
is seeking Federal Power Commission
company
construction
preceding
exclusive
output
8EC"has
the
$2,853,355
1,600,075
out¬
share
a
/
$6,339,100, equal to $4.29 per
$5.28 per share in the previous
or
companies
with
ended
•
$5.68
or
were
$7,606,900
Consolidated sales
of
at
shares
common
$8,170,700
outstanding
year
equal after preferred
was
1,428,755
with
,.
profits
Against
profit
the
on
compared
year.
Net
The
quarter.
share
per
30.
$545,213
831,192
the company's simplification
February. 7
"This plan," Mr.
Thompson stated, "provides for the elimination of
Transcontinental Gas Pipe Line Corp. and runnl&gvin a southeasterly
directiqn to a point near Norfolk, The project also) would include about
12.5 miles of lateral lines and measuring and
regulating stations. .
The company plans to finance the project through sale of securities
either through a public offering, private sale, or combination of both.
net
standing
1.399,551
$916,689
~
net
sold
the
plan
1,123,176
;
recently formed for the purpose of constructing tl\e facilities, proposes
to-build a
153-mile line in Virginia extending
,£rom a point near
Buckingham on the Texas-to-New York pipeline, now being built by
$7,391,700
common
common
The
would
1946
■
$1,531,469
1,768,248
$100,959
shares
ended July 23,
the
Area—To Be Financed Through Sale of Securities—
the
30
'123,529
$1,740,723
SEC Clears
$3,976,531
,
1,837,123
2216
PP.
JUNE
1947
$480,813
*
over
Virginia Natural Gas Co.—Asks FPC to Authorize 153Mile Pipeline Project to Serve Southeastern Virginia
$7,606,900
dividend
ENDED
1948
Corp.
tax
week
1,617,000
-
$3,244,629
414,834
*$315,839
$0.13
——
per
/'Deficit—V. 169,
4,833,000
$6,339,100
—
—
MONTHS
154,339
West Penn. Electric
.7;Power
11,898,938
$318,527$4,490,051
111,6201,245,422
474,096
Balance
Earns,
a
$699,552
paid
capital
$315,903 * $4,467,687 '$3,948,944
2,624
22,364
27,587
$158,257
—
$75,804,816,
210,369
income
♦Includes
of
.....
119,000
"•
1,150
income—
to
security
penn
Dividends
309,100
——————
———
amounted
♦209,254
Income
subsidiaries.
$10,509,100 $12,439,900
——
30
$1,127,058
income-
of
for
net
an
13,188,170
75,000
Dividends
50,421,700
153,500
———
on
SIX
$1,740,723
5, 1949,
1949.
On
increase
May
on
Feb.
since
947,667
$270,974
stock
common
total, $8,459,098.—V. 169,
253,036
profit
Earle
$10,355,600 $12,130,800
—
—-
taxes
profit
Preferred
operations—
from
June
1949
,
transactions
■.
Net
at
STATEMENT,
Ordinary net
Net
'
f
1949—12 Mos.—1948 <
$1,382,570 $19,386,051 $17,459,882
1,209,389
1948
56,774,300
Fund
record
and
up
last,
1949—Month—1948
revenues.
$50,000;
Subs.)—Earnings—
$1,555,363
income
Gross
$67,129,900 $62,552,500
—
the
Expenses
1948.
5,
revenues..—
income
Income
1949
"
—
———————
.
•
$1.75' per
of
Steel
expenses—
oper.
Other
'
v
$268,000;
$19,070;
$1,784,505
1948.
Net
(& Subs.)—Earnings—
April 30—
sales
of
I
706.
oper.
Federal
Jk
.
depreciation of $17,054,820 in 1949 and $16,328,516
p.
States Plywood Corp.
Year Ended
period End.
Total
$41,706,728 $46,703,013
——
—
—
for
reserve
1948.—V.
1
of
on
Drl7,172
tL,
assets
holders
to
10
holders
to
June
10,
of
170,798,
an
increase
of
2.499
there were 168,299 common
1949,
Operating
7,999,685
6,109,351
Drl7,172
:—
—
shares),
1949,
1,
lent,
taxes,
for
of
INCOME
share
per
Sept.
dividend
on
March
0:1
Utah Power & Light Co. (&
;
22,156,421
from April 1, 1940
treasury, at cost, 759 shares
preferred
July
securities
reserve
ShareS)V $587<261; surplus, $361,734;
investments.—V. 170,
138,727
22,156,421
surplus
Stock In
—
repairs
tanker
&
$8,947;
reserves,
$72,386;
stock
(5.360
nearly $8,289,694 since the first of the
year.
Asset value per
$16.23 as compared with $16.28 at
Dec. 31, 1948.
There were
4,670,084 shares outstanding at June
30, 1949.
Corp. preferred stockholders of record May 2,
3 949, totaled 76,273, a decrease of
52 since Jan. 33,
1949.
On Jan.
31,
1949.
there
were
76,325
preferred stockholders, an increase of
155 since Nov.
1, 1948.—V.
170, p. 345.
v
'
82,673
2,194,977
148,349
(issued 500,000 shs.)
lnsur,
without par val.
cents
recently
was
share
per
special of $1
a
corporation's
4,
2.185
r
1,194,977
——_
(secured),
and
of
share
May
on
7,500,000
94,456
contingencies————-
split
gam
Stock—
50
payable
5, 1949, and the usual quarterly
preferred stock, payable Aug. 20
the
United
1,121,846
1,472,020
7,290,000
———.—-—
liabilities
stock
1
New Common
no
re¬
$75,000;
deprecia¬
Wellington Fund, Inc.—Net Asset Value-
-*$1.56
,
Miscellaneous
conv.
P2149
19,075,050
$3.12
on
borrowed,
(net after
Gain in Number of Common Stockholders—
The
499,241
•
566,352
1,212,369
———.—
—
Aug.
on
numbered
$3,406,246
——
I
—
Other
55,332,671
$3.02
declared
have
comrncn
record
of
$2,929,742
—
—
4%
customers
.
new
interest
accrued
payable
to
expenses
'
$41,706,728 $46,703,013
payable
directors
due
accrued
Total
regular of $1.25 and
LIABILITIES—
Dividends
15,401,693
outstanding
$8,096,879;
$20,846
1949
•
$1.45
shares
upon
Aug. l, 1949. The
three-for-one basis
150,000
1
———.
26,109,758
>
$3,000;
common
50 Cents Declared
The
the
1,393,867
——-
*—
——
53,443,013
12,609,333
21,758,130
1948
$4,701,755
obligations (at cost)
Government
49,100,000
'
—_
inventory,
$44,892
JUNE 30,
tion), $3,123; prepaid expenses and
advances, $22,066; total, $8,459,098.
LIABILITIES—Notes payable
(secured), $6,879,700; loans payable
(unsecured), $209,000; preferred stock dividend
1949
$2,638,939
ASSETS—
Ca8h
V*
24,763,798
per
share
,'
SHEET,
BALANCE
CONSOLIDATED
79,000,000
94,052,265
12,609,633
6,304,919
13,054,878
Reinvested in busi-
applicable
$70,044
.
ASSETS—Cash, $210,507;
21,253,199
24,300.000
dividends—
:
——
$17,702; bid deposits, $21,805; securities
due from customers
(secured), $6,015; fixed assets
1,203,154
23,358,137
32,585,677
!
credit
tCarrv-back
loss.
taxes——.
income
ceivable,
14,765,049
37,000,000
——
nesy
♦Net
write-downs after deducting $400,000 tax
of extraordinary inventory write-downs.
69,830,704
*
on
44,123,595
$2,147,861
1,248,103
Net
.
1947
,
CONDENSED BALANCE
SHEET,
76,864,426
income
Preferred dividends-
450,000
^2,391.093
r
499,241
—
504,239,418
30,031,644
576.271
;
Fed.
Net
4,900,000
—
———
'
■
471,571,726
468,029,555
524,866
—
taxes————-—-
income
Net
income
Expenses and
1948
$51,926,311 $62,252,422 $51,438,897
428,366
372,483
'251,026
358,322
327,591
230,180
Gross
costs
income
$3,122,727
435,865
530.250,223
40,930,634
Common
$1,594,772
—
—
.—
Extraordinary inventory write-downs.
''j,
•
exhaustion
and
Est.
t
f'ii V
i
1949
—
taxes
—
long-term debt
State, .local & misc.
$2,288,848
789,444
income
—
'''
'
Co.—Earnings—
Six Months Ended June 30—
Sales '
;
$
647,046,308 578,435,117 1,311,938,837 1,134,437,356'
facilities
Int.
6,331,295
Weeden &
$
268,663,404 233,791,312
bought 240,546,351 239,860,074
serv.
k
Monday, August 1, 1949
INCOME
1949—6 Mos.~1943
>
S
'
and pensions
of
OF
,
CHRONICLE
so-
on
Income
STATEMENT
1945—3 Mos.—1S43
sold
Prods, &
1948
5,947,895
expenses—-—'
serv.
salaries,
Wages,
$50,826,974 $73,287,210
44,073,751
64,667,067
-
cost'of saiesi::::::
Belling
Products &
MARCH 31
1949
*
*
FINANCIAL
$
capital
ACCOUNT FOR YEARS ENDED
INCOME
CONSOLIDATED
these
of
&
CONSOLIDATED
Per. End. June 30—
requirements will be met
from funds which are currently available or which will be derived from
operations during the period.
„'
is
It
COMMERCIAL
(Continued
on
and
refunding mortgage
page
49)
23A
*
Volume
Number 4825
170
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(405)
13
Stock Record «» New York Stock Exchange
DAILY RANGE OF PACES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE HUCES
Bute forPrvrleu
FOB EVERY USTED
STOCKS
LOW AND HIGH ■ALE PRICES
'
Year 1948
Lswes*
Range Since Jan. 1
Ltvwt
Highest
t per share
f per share
I per share
37
76
Dec
2%
Dec
14%
Feb
35
100
Dec
6%
J per
1 Jun 14
70
May
NEW YORK
Highest
May
2
v...;;..:;.';-'
share
Abbott
Laboratories
7
ACF-Brill
Motors
1% Jun
16
187. Jun
13
21% May 26
Xl7% Jun
14
19% Jan
6
Adams
5
41% Apr
7
Adams-MIllls
35
Jan
27Yb
Dec
41% July
Feb
22%
14% Feb
20
.
99
Dec
2%
108
Nov
13%
Nov
2%
Dec
23%
19%
19%
19
18%
19
No par
♦38%
Addresssgraph-Multigraph Corp_lo
Admiral Corp
Affiliated Gas
•
70
2% Feb
25
40% Feb
25
64% Jan 24
75
May
34
May
17% Jun
90
July 12
90
Mar
96
May
Apr
83
July
7%
11% Jun
Dec
198
Mar
16%
25%
a" 21%
Dec
Dec
25
Mar
Jun
16
91
•
24% Jun
25
10
Allied
Allied
28% May 19
32% July 27
v
92
25
83
Nov
31% Oct'
Jun'
Jun
i
32%
17%
173/4
6%
6%
*46%
47%
&
22%
22%
22%
227a
3V*%
IO2V2
*99%
102%
397a
3
3%
3%
♦15%
16
3
•
16
66%
3%
3
,
15%
65
Y 67%
3%
100
,'f
5,000
5,200
37a
,
157a
15%
65%
657a
♦657a
23/a
27a
23/a
2%
50 Va 7 507a
*4974
5074
*69\
71
50%
50 %
50 '/a
50%
50%
•;
2%
50%
71
19%
*3
*15%
2%
♦69
3%
2274
4,400
-
1027a
663/4
2%
.
48
..
2174
•997a
22
5,000
:
67a
16%
2%
71
♦46
46%
102%
1,500
17%
1
15%
2%
20%
67a
*65%
-
2%
♦69
1774
6%
2,100
337a
33%
177a
*99%
71
*69
19%
18%
♦69
"
19%
71
1574
1,100
110
67
par
20
♦90
93
♦90
93
*91
93
♦91
93
♦91
*82
87
♦82
87
*82
87
*82
87
*82
9,100
.
700
6,166
927a
gtd_100
87
♦71/s
7%
*7%
,_i
174
No par
,•
7%
174%
16%
27%
27%
31%
*7%
<>.
175%
16%
175
32%
16%
16%
18%
7% .V
177
176
No par
common
;
_
28 *
•27%
!
1
No par
100
31%
31%
;
92
♦90%
92
'
283/a
.
.
674
174%
•'
317a
.
92
-
7%
1,400
300
16%
'300
* * 287»
*28
400
y
175
♦1674 '
317a
3i3/4
;
id, 200
327.
28% •29%
*78% : 79%
28%
28%
78%
781/4
78%
•'31%
31%
*30%
;»
*91
2974
81
■'
*81,"
82
297a
797a
,
"
29%
78%
;
95
♦917a
V 29%
92
28%
L0Q
77a
,176
167a
28%
287a
176
♦16% 1
31% ;.32%
187a
187a
■
*90%
Mfg common-No pat
preferred.
*27%
;r
18%
♦7%
r
Y *16% 116%
-
conv
5,200
♦38%
No par
_
Allls-Chalmers
May 17
1,900
197a
217a
•99%
5
Corp
1974
1874
1
46%
22%
102%
100
Dye
4 V preferred
19%
197a
33
22%
♦66
5,900
2%
33
47
*46
Shares
,
20
6%
47
43
102
2%
17%
6%
Co
Allied Mills
July 27
'
98
Chemical
Allied Stores
30% May 12
22
42% May'
Dec
32%
17%
61/4
Allen Industries Inc
1
76
Dec
73
321/4
17%
1
Allegheny & West Ry 6%
25% Feb
26%
h'
:V,
31%
♦46
4274
39%
6%
•
the Week
•98'
2%
♦38
17%
10
preferred
conv
24
8
393/a
32
•2.50 prior conv prererred_No par
8% Jan
15
25 y« Feb
83% Jan
*38
6 7a
100
17
Jun'
197a
♦99%
Allegheny Ludlum Steel Corp.No
Kid
19%
17%
_5
18% Feb
:
39%
197a
19%
100
w w_
188% Jan
13
Jun
19%
19%
♦38%
*2%
31%
common
preferred
$4.50
4374
2%
tales fer
t per shore
1027a
No par
Allegheny Corp common
5%%
preferred A
7
43
*98
_50
.
Inc
As
Inc
4%%
Mar 12
93% Feb
15% Jun 14
34% May
37% May
•»
Feb
81
27% Jan
104
7
6
Jan
Aldens
*2%
43%
1027«
1
com
Vlcksburg Ry
Juneau Gold Mining
Alaska
4
75 ' May 13
,
14
165
May'
Mar
39%
2%
Friday
July 20
*•
t per share
share
l
Reduction
Alabama
3'* May 2
50 7. July 20
109
*171
Air
3% Apr
2
167. July 20
t
Corp
Equipment
$3 preferred w w
'
23% May 16
100% May 23
15
Dec
42%
19%
;
Express Co
per
*98
19%
14
Dec
43%
102%
18%
Apr
100
43
1
.
9
21
2.50
$
*98
43
102%
*98
Thursday
July 28
Wednesday
July 27
-
I per share
lo
13 y« Feb
4% May
58% Oct
Feb
65 y4
2% Jun
Co
Tuesday
July 26 <
h
2%
64
21% May
80% Jun
;
Dec
37
97% Mar
41%
i
X
2%
47% July 13
May 25
18% Jan
3
,
May
4% May
•
Dec
65
'
27% May
Nov
5
.
share
2%
•
46
*18%
I per
33% July 29
5
5% Juil
Dec
July 25
20% May 17
8% Apr 19
27% Mar 28
7y»
I per share
Monday
No par
Acme Steel Co r.ew
23% May
46% Jan
Saturday
July 23
new
Abraham. <fc Straua
Jan
3% Jan
r,
Par
7
102 % July
,
.
>
V
;
43% July 26
STOCK
exchange
..
*29 7a
30
100
96
'
29 7«
297a
8,800
700
'
"■
x25
3%
44
NOV
83%
34%
•
;
Nov
6%
47.
50
Feb
121
Dec
Jan
10
70
43
-
Jan
106
7
Alpha Portland Cement.
Amalgamated Leather Co
6
6%
31
Apr
40% Jan
Amerada
18
25
;
3
3
Amer
10% July 22
4
67% July 26
24% Mar 31
51
Jan
Agricultural
20
Jun
13
61% July
May
66% Feb
6
3%%
Airlines
cum
2%
3
1
31
♦2%
-
30%
»
3
*2%
30%;;
3
297a
27a
,
1,100
27g
27a
27a
600
'
38%
'
43
102%
"39%
102%
39
38%
; *40
V
;
102%
10%
10%
10%
66 %
67%
•23 "
66%
23%
coraraon__JlO
*62
>
50
,
63%
♦62
8 Va
8
39
10%
10%',
65%
f
100
preferred
102%
101
_1
preferredi
*40
43
*40
CLOSED
Corp
:Nopar
Chemical_No par
American Bank Note
6%
\
EXCHANGE
1
_50
common
conv
'
14
com_
preferred
Petroleum
American
STOCK
—No par
'
convertible
'
a
29% July'
:i
29
3% Jan
6% Jan
Mar'
Feb
Apr
31% May 10
•
34 y» Jan
Mar"
68
14
89 7. Feb
52% Jun
Oct
>
3
2% Jun
37
May
Nov
18% Mar
58%
26% Jan
a
6% May
23
'
-•66%
-23%
:
10% !
103
63 %
41
♦37
103 7a
*3874 '
'
67 '
40
.
,
103
104
39
"39
7
39
2)400
900
107a
10
107a
39,700
6674
97a
66
♦65
6674
3,200
7
^0
*22 7a
23
2274
r
♦637a
65
♦637a
:
63%
100
'
8
*•'23% v"
•23
;
63%
40
41% .7.
103%
39
'
2274
10
65
"
x7% Jun
31%
103
Nov
Sep
Dec
49%
100y«
Dec
11
3
American
7
Amer Cable & Radio Corp
81
Jan
1727a Mar 17
preferred
Broadcasting
conv
1
Y
6
/
May
397a Feb
109.
1574 Feb
18
8
22%
Jun
14
94
Jun
71% July 29
43
Oct
3574 Feb
8
99
3
10774 Jun
4974 May
Jan
5
May
4
173/4 Mar 21
14
Jun
July
87 f
•Y
5%
>
'
3%%
Y
2574 Jun 14
367a Mar 31
*32
,
32%
100
♦98
♦98%
"
'
32
-
100
6%
6%
6%
63/a'
674
3%
3%
3%
3
3%
3
9174
913/.
917a
_100
•184
•184
186
"
9174
V
186
287a
287a
2874
:
677a
677a
68
68
Y *68
♦207a
207a
20 3/a
—100
♦1077a
1087a
♦1077a
"
;■*
69
20%
21%
1077a
-
4,400
250
183
182
277a
69
.
27%
68
68
V,,,
*2174
213/.
; YY
♦1077a
1077a
;,VY
21%
i.
21%
*107 7a
1077a
f
2,800
28%
28
♦107%
207a'
1077a
3,900
91
90%
183
183
t
2874
69%
2874
-
63/a
3
.
Co
3,000
146
•
453/.
IT;:--
167a
46%
467a
,167a
Y 47
467a
453/4
17, '
17
163/.
467.
Colortype
Co„_
10
10
Cyanamid Co
American
Y;
Y :•*■■■ *15
72
72
72
lo
com
com
15
100
Crystal Sugar
prior preferred
conv
*16%
;
44
44%
44 7a
preferred series A-10O
Distilling Co
—
"15
■
157.
;727a
1574
*15
...
*71%
443/4
.
108
107
107
106 3/4
;
1087a
*15,,
,.
;
■Y *71%
72
457a
45
1574
.
108%
30
30
.7
31
Y,1'
31
31
2,300
;
,
500
15
108
7a
'4
71%
100
44
7a
15
71%
45
44%
14,000
600
108
108
2,300
1
30% '
30%
700
—
177a
72
44%
1087a
"
,
♦16%
V
-477.
'
•29
20
•
Y
:
467a
.
163/4
a
600
"
-
-No par
soo
3
*6%
91%
:
100
♦98
37a
9174
9174
184
183
277a
No par
100
92
32
6%
■
2,700
*8
.3174"
32
♦98
100%
6%
"
77a,
,
'
American
1087a July 27
32%
8
'
American
4% %
8%
3%
Cable.
&
'
y "67.
preferred-
Chicle
American
Mar 11
457a July 27
100%
8
1
Na par
Chain
non-cum
American
477. July 29
15
Dec
Feb
American
Jan
31%
8%
25
:
»'
82
197a July
preferred
223/4 Mar 30
1
7
:
1
Inc
common
'
Jun
1067a May
7to
>
Co
Can
11
60
Aug
American
33
*98
100
Co
American Car & Fdry com
7%
preferred
Jan
Feb
25
July 21
33% Jan
Deo
Feb
•
6
147a
YY
185
2172 Jun
3374
V.;
4%
Y 9374 Apr 27
3
Jun
2074 Jun
i
♦32"'
Jan
May
51
com— No par
Shoe Co
3% Jan
81
v'
Brake
10% Jan
27
Jan
Dec
947a
Amer
"8%
1
110
1874 Mar
15
10
2
Corp_
2% Jun 13
5% Jun
927. May
177
Jun
: Nov
38
Jan
V
96% July 11
6% Jun'
28% Nov
1047*
35
104
30% Mar 23
10% Dec
■■■>
7674 Feb
163% Oct
74
Bosch
'
6%
--
American
'
43% May'
111
Jun'
Dec
3
Y
'
10 % Mar 29
29
3074
3074
1,100
t!
stocks
B»sfe fer Previous
v
I per share
5
Lewest
Highest
lowed
Highest.
% per
I per share
• per share
Jan
7
Range Since Ian. 1
Year 1948
,;;'
47a Feb
7% May
'
LOW AND HIGH ■ALE PRICES
f
stock
Monday"
Saturday
•
imi -vV."'.y-1 exchange -y
7
July 23
share
678 Apr
5
18% July 28
28
new york
American
19%
Oct
1574 Feb
24
19
Apr
1374 Jan
5
17a Jun
7
44
,6
$7 2nd preferred a
No par
37
Jun
17
51
Jan
31
•6
No par
4374 May
7% Jan
34
Jun
13
3774 Feb
Jan
46
°
Dec
18
Apr
8
27a Jan
10
5%
53/4
5%
137a
$ per share
July 27
Fridav
■alsi tea
thsWwk
July 29
I per share
t per share
tper share
:
Shares
1
Encaustic Tiling-,
American European Secur
American Export Lines Inc.
14 7e Mar
1
July 26
f per share
$ per share
*
Thursday
July 28
Wednesday
Tuesday
.
July 25
57a'
57a
*5 72
5%
1874
1874
183/4
183/4
♦18
19
17%:
16%
16%
*1672
163/4
500
1%
13/4
1%
17a
4,500
572
5 3/8
57a
1774
1774
*1772
177a
177a
♦177a
187a
1774
17%
No par
17a
l3/4
17a
PA
13/4
No par
46%
900
,
,
>;
400
'
Dec
4% May
897a Jan
1474 Jun
37
Nov
7774 Jan
3574
Dec
37a
Dec
1% Sep
42
Dec
6%
I
Y: ■'
11
46
Jun
53
207a
YY,;.
Feb
Dec
Feb
-15%
Jan
«19
Jun
M
167a
Dec
957a
Feb
c
5
29
May 17
97a July 28
5
94
7
preferred
American Hawaiian S3 Co
27
23
157a Mar
American Hide
6%
American Home Products
American
6%
July 19
Ice
Co
108
72%
6
A
Dec
>
10% May
Dec
v <:"
24 Va Mar
i'
93
Jun
22
117a Jun
13
American
20
8174 Apr
7
13
73/a Mar 14
303/4 Jan 19
-
July
227a Jun
Dec
9674 Jan
4
Jan
5% Jan
3
874
,
Jan
147a Apr 12
3
Jan
98
Dec
102
43/a Jun
76 *
'
35-
Dec
57a
73
Jun
2174 May
9474 Jun
14
104
7%
3.90%
20
22
preferred
No par
com
100
„^
Amer Machine & Metals
No par
472%
preferred
8%
1272
8%
1872
1872
133/a
1374
78
1374
1374:
13%
;
783/4
783/4
♦7872
:
5-."
*5 7a
2774
♦10272
18%
18%
♦18%
183/a
133/4
13 74
13%
13%
13%
♦76 ■>
807a
♦75%,
8072
13%
80 v.
* 1374
♦78%; 80 5%
57a
27 74' 27 74
/
8072
1374
105
:<V
57a
>273/4
104
27%
27
13
■
6%
No par
♦35
35%
353/a
353/«
1072
10%
1072
10%
9574
9574
9574
95%
6
6
*783/4
-
57» :
57a
277a
28
13
574
,
277a
ior.
*103
*6
6%
*6
-
v
79
104
104
♦6
98
74 -12 3/4
1874* 18%
■Y 13%
783/4
28
1,100
9
r
*12
4
*102
*8%,
*90
123/4
,
574
5
5,700
277a
98
78%
CLOSED
9%
9
800
3%
', 477a
26%
27%
27
500
37
-
3%'
,
*46
47%
♦12 74
1374
EXCHANGE
37
4 ■: ■ /
'
*90
78
;
1
Co
♦46;,
*76
79
STOCK
2,900
123%
1372
*75%
47% );
27%
83/4
547.
98
18%
13
3,200
473/4
13%
12%
;
83/a
477a
Y *1272
*90
98
100
Molasses
27%
273/a
12%
18%
American Metal Co Ltd com.No par
American
8%
♦90
98
100
Fdy Co
27
9
*46
: 8%
37
3%
4
4
:
37
37%
Y *37
4
4772
♦12%
1
common
preferred
Amer Mach &
July 22
6% Jan
Locomotive
37
273/s
83/4
American International Corp.No par
American Investment Co of 111
1
18% Jan 20
1
123/e Jun
36 72
3%
5,300
,533%
872
477a
8 74
4572
♦90
100
127a May 16
187a July 25
874
457a
♦46
,
5474
53
52
87i
4472
3%
27%
l
51%
83/a
4472
48
♦46
No par
com
preferred
non-cum
y
5072
8 74
4372
37
3%
1
50
.49
..
87»
♦367a
10
& Leather com
preferred
conv
4972
13/4
43%
7%
42
'
26% Jun
12%. Nov
;Y
4
24
117a Feb
Jun
/.MY
•
107a
137a
Jun
5
preferred
$7
4
4774 Jan
6
Feb
73
Apr
97a Apr
3
Jun
574 Jan
92
;:'r
3
247a Jan
874 May
Jan
Dec
58
3
37a Jun
2674 May
5 7a
79
Jan
674 Jan
Amer & Foreign Power com
7,300
100
:
3,000
-
7
-
40
-
,
7
*6
400
2,800
160
105
6%
♦103
6%
300
1,200
r
100
"
29
Feb
67a
Feb
807a
Nov
,
-
»
Dec
117a
NOV
6974
127a
\
35
8
Jun
7% Feb
25
10% July 29
95% May
86% May
837a Feb
U
96
707a Feb
10
167« May
Feb
1627a Nov
176
Dec
12 ya
Feb
28
Oct
38
Sep
4674
139
46
Feb
168
31
•:
Mar
125
4
163%
Mar
Nov
2574 Nov
21
Dec
Jan
5
Power As
Dec
'
347a
Feb
16%
No par
Amer Ship
Am
Seating
Smelt
7%
July 19
Building Co
Refg common
6%
J.
Y
Nov
6%
Dec
X337a Nov
.
90-
Dec
76% Mar
x57a
Dec
51
Nov
41
144
,
Snuff Co
non-cum
8%
Jun
Jan !
Mar1
Steel
American
Stores
Stove Co
17
127a Jan
13
American
25
3774 Jan
10
Jun
10
11267a Jan
17
183/a July 20
14
1507a Jan ,5
70 3/4 May 26
1497a Jun 13
American
July
138 / Jun
135
Jan
3
49% May 10
18
Apr
63/4 Jan
217a Jun
3
83
6
Mar 31
593/4 Jun
4% Jun
May
48% Jun
2
#
6
1
63
120
;
Jan
.
7
6%
*40
41
41
♦141
145
*1413/4
r
:;
Y
46%
41
12%
263/a
8%
100
*357z
Y
12%
12%
:
*175%
7
7%
3274
46 f
467a
41
153
*40
1
«
145
24%
T
♦3874
38%
15272
26
2674
100
5%
8% Mar 30
17
*83/a
2674
,,
•' 85/a I'
874
83/a
3572
3572
3572
1237a
123%
123%
American
91% Mar 11
80
Jan
4
67a Jan
7
7%
Corp common
8%
Works Co
Woolen
Inc
preferred
$5 prior conv preferred
14
357. Jan
7
Anaconda
Copper Mining
35% Jan
8
Anaconda
Wire
Jan
3
98
Sep
Jun
99% Mar 29
Jun
487. Jun
20
Jun
153/a Jun
14
Apr
55 74 Jan
27
13
233/4 Jan
7
8% July
7
107. Jan
12
27a Jun
3
474 Jan
9
697a
&
Anchor Hock Glass
Cable
597.
58%
1197a
119 7a
59
14
Anderson,
69 7a
146 3/a
583/4
59
5874
119%
♦119%
120
*119%
59
5
7%
7%
77a
7%
*7%
1%
77a
237a
28%
27%
2874
267a
273/4
26 3/a
6%
Clayton
&
Oil
Co
Corp
87a
800
*36
*123
.7
36%
125
For
footnotes see page
24
A
P
W Products Co
Inc
500
800
100
1427a
15,500
14274
-
69 7a
69
.
69%
5974
5,100
1467a
146%
700
587a
147
583/4
5,900
♦1195/3
120
120
140
7%
,
77a
1,700
257a
267a
11,500
85%
♦82
857a
*81
85
67
*65
677a
65
65
6%
6
674
6% Y
x5%
60
607a
27%
2874
28
287a
2874
28%
257.
25%
257a
253/4
25%
253/4
25
35
35 7.
35%
35 74
35%
1047a
105
*497a
51
21%
lo
*50
20
*9
9%
*9
97a
*27a
3
•27a
3
5
280
1,200
18%
187a
35%
♦104%
*50
19
974
60
28
74
Y
60
67a
60
•2%
200
4,700
270
2874
28 3%
25%
2574
257*
353/8
•3474
35
1,200
*104%
106
220
287a
106
8,700
800
106
♦104 7a
51
50%
503/4
51
51
19%
19%
197a
197a
197.
5,100
974
974
9 74
*9
9%
200
3
*2 7a
3
"
67a May
70
5,000
-
1774 * 177a
173/a
*82
50
18%
1,100
•
*65
674
No par
51
2672
8%
8%
7%
263/4
2,300
*26%
303/4
142%
20
247a
24
24%
26 3/a
.
1417.
467.
67
56
187a
4072
141 %
413%
145
383/4
154
4072
85
67a
56
104%
;
♦3874
457a
*65
56
104%
4,300
3,400
*83
--
553/1
343/.
Mining
67a
55
25
No par
Anderson-Prichard
Copper
>•
1193/4
Corp com—12.50
preferred
Andes
14274
1487a
100
77a
327a
♦1527a
383/4
4674
125
17%
142 7.
69%
146%
68
14
60%
1427a
697a
1487a
893/4
$4
.V;
69 7a
147 7a
•64
2
142 74
693/4
3674
*123
1772
1487a
*83
25% Jan
367a
142
142
17
697a
—100
22% Jun
187a
17 y4
1477a
common__No par
257a Jun
4674 Mar
*1772
►
100
Jun
Mai
1417a
17%
25
common
417a May
105
.100
123%
$4 conv prior preference—No par
Amer Zinc Lead & Smelt com
1
607a July 28
35% July 26
17%
*122%
100
Tobacco
preferred
Am Water
*121
5
36
*
1413/4
1,300
180
7,
3274
153
24%
24%
10,100
♦1757a
32
:
1,200
12%; 123/4
123/4
7% •;
46
95%
807a
807a
80%
180
32% ;
35 74
8 3/8
807a
80%
180
400
19,900
357a,.
953/4
.
31%
♦1413/4
24%
25%
96
41
.;
145
26
96, <
8072
-
357a
10% * 107a
107a '103/4
95 7a
95%
152/
:
26
10%
38%
383/4
153
2472
1072
35
7%
772
32%
24%
35
♦17572
'
2474
Tobacco
4574
Dec
25
100
preferred
American Viscose
May 16
387a Feb
Sumatra
Oct
4
46
15274
-r
12%,
No par
American Tel Sc Tel Co.
6074 Jan : 3
;
X117% Apr
Jun
American
6
16
Feb
Feb
*3874
15474
15272
No par
Feb
Mar
463/4
American Sugar Refg common
7% preferred
307a
8
38%
453/4
,
35%,:
■
30
107
*3874
No par
4
•
80%
176
No par
Co
2574
38%
No par
31
303/4
com
Foundries
77a Jun
1
120
Jun
112% July
83/4 Jun
67
772
77z
73/a
35%
*
567a July
104
12%
176
176
303/4
preferred
American
3174 Feb
Jan
May
71% July
120
v
12%
123/4
.
80
807a
807a
.
♦175
100
7
Jan
;
:
No par
&
26% July 2b
6
158%
68%
Oct
1157a
'
2174 Jan
207a May
5474 Mar
Feb
Apr!
Co
preferred
American
May 17
-
"
3
•
No par
$5 preferred
:
No par
Amer Rad & St San'y com—No par
7% preferred
100
American Safety Razor
5
7
28
14
1317a July .■»
1477a Mar
4674
1974 Jun
24%
1
Deo
131
Jun
"
com
;
417a Feb
563/4 Jan
July 26
Light
preferred
•6
American
142
3
July 26
1' May
41 i-
5
;
Amer
327s July 29
155 *
11
347a Jan
Jan
7
13
Feb
130
8
7
17
Jun
3974 Jun
27
s
107a
i
37
142
May 17
147e Jan
7
176 :i
4
American News Co
July 27
81 *
'
-
8
35%
,
1167a Mar
:
Apr1
July 15
1
'
.VY "v.:
>*'
67a Mar
35% May
140
6
Mar 31
237a Jan
May
Jun
Jun
169 i-
Jan
167a
10
*
Jan
67a
V-,'
.1
36
Feb
32
3
*2%
700
14
COMMERCIAL
THE
(406)
YORK
Lowest
24
Nov
89
26% May
-
Oct
19% Jun
2
14
27% Jan
77
Jun
15
95
Feb
5
Jun
13
7% Jan
Jan
49% Jun
77% Jan
56% Jun
38% Jun
49% Jan
90% Jun
94
Jun
22
99% Feb
4
Nov
115% July
105% Jun
15
88
106
18%
Deo
Dec
87%
26
May •'*
19
12% Mar
Dec
Arnold
Artloom
6%
1st
7%
2nd
30% Feb
14
37% May 16
7
105% Jan
103% Jan 24
84
Feb
120%
Sep
80
Jun
14
06
Mar
107%
Jun
97% Jun
14
Jun
11
Jun
7
15
32% Jun
13
47
13%
Dec
19%
44%
Dec
62
July
25%
Jan
Sep
81
30
Feb
Feb
53
64% Dec
66
.
50% July
94
Jan
Jun
106
May
99
Jun
NOV
25% May
20
Jan
4
64%
42.
Jun
10
Jan
Oct
Feb
100
Jan
114
Sep
20
93% Jun 24
Apr
16
Dec
9 % May
4% Feb
12%
NOV
16% May
Mar 24
15
14
20
4% Jun
14
7% Jan
34%Jun
14
10
Jun
8
14% Jan
15
8% Jun
13
12% Jan
Conv
7
44% Jan
7
35%
Oct
Jun
46
Feb
11%
7%
8
Jan
Dec
46
46
99
••
15
9
100
*99%
96
97
97%
98
310
35%
36
35%
36
36
36
3,500
85
853A
;35%
87%
14%
98%
36%
♦68
84
*82%
84
34%
71
*69
70%
*83%
85
34%
34%
1091/4
109%
109%
981/4
98%
98%
300
23%
23%
23%
5,300
48
48%
98'A
24
48
48
48%
48%
48%
105
105
106
*105
16
16
*16
14%
5%
EXCHANGE
Mfg Corp (The) common—3
$2.25 conv preferred
No par
Avco
5%
12%
5%
107
48%
♦105
105
16%
16%
••"••:' 5%
57/a
*14%
14%
*14 1/8
51/8
5
12%
12%
5%
5%
5%
5%
36
35%
35%
35%
351/4
13% V
320
760
150
200
400
6%
'
*14Va
5%
12
,
100
200
4,300
17
v
*5%
5
12%
'
,
105
*16
5%
•35%
CLOSED
48
5%
5'A
12%
5%
,
14%
5
'
600
2,200
109V2
98V4
*108%
23%
5% .;
400
35
70%
23%
*14 Va
34%
;
34%
98%
12%
STOCK
35%
3,900
11%
83%
23%
6
84%
1001/2
*11
71
35
*97%
16%
60
83%
*82%
108%
108
*107A
6,000
35%
*68
'
84%
*98%
99%
11%
36%
36%
35
14%
'
'
98%
♦14
'.••••!
5c
Amer—5
14%
85%
*98
Xll
36%
36%
x85%
99%
12
23%
*5%
••
14%
100'A
100
96
47%
■
700
9
100
98%
.
200
143/4
*8%
14%
14%
11%
109 %
*16
180
110
*14%
8%
95
71
♦104
109
15
99%
23
100
No par
109%
..
8%
14%
35%
•»
34%
\
109%
15
700
1,600
99%
95
86%
108%
($1.20)— -No par
of
109%
9
*98%
99%
*98%
34%
common——No par
Co
99
14%
12
*82%
'
*98%
9,400
99%
86%
♦68
1
45%
99
9'A
98%
36%
100
preferred——
Corp——
Canteen
46
12
No par
Co
Automatic
45%
*98%
86%
-5
prior pref
Autocar
24
17% Mar 10
*
Jan
13%
>
RR
Austin
11
45%
44%
98%
10
5
4% Jun
Feb
4%
*
100
Atlas Tack
13% Feb
45
*98%
35%
4
11% Jun
5%
56%
35V2
V
10
7
Jan
5%
56%
*92
Jan
19
5%
56 %
15
100%
93
20% Jan
19% Jan
5%
56 %
14%
*99%
93
106
Dec
5%
56%
*14'A
Atlas Powder common*—;—No par
NOV
6%
5%
56%
*108%
preferred*
Nichols
5%
56%
14%
100
—100
230
5"A
108%
common—1
34%
56%
9
3
6% May
34%
5%
14%
Jan
25
10,400
84
108%
preferred series A__1O0
$3.75 series B
-100
conv
23 Va
83
8%
58
4%
22%
821%
15'A
Atlas Corp
July 26
23%
82
8%
July 27
■
,23
81%
*14%
W I SS Lines common—1
Preferred
6
2,600
23%
81
5
Refining common——-25
conv
343A
23 Ve
No par
24
7
-
4%
4
98% May
Line
non-cum
"
24%
4%
xll
5%
Atlantic
7
109% Feb
1
114
Feb
Coast
Atl G &
Mar 18
39
Feb
99
Atlantic
70% July 13
7
13
91
48% Aug
7
34%
23'A
81%
100
108%
*
34%
34%
22%
44%
preferred
34%
for
Shares
34
56
8c Santa Fe com„100
non-cum
the Week
81%
No par
A T F Inc
77'" Feb 14
102
Xl9%
5%
7
30 % Jun
Dec
Atch Topeka
Jan
Bales
July 29
t per share
34%
*98%
♦108,/2
,
Friday
July 28
23
81%
No par
Corp
Thursday
S per share
July 27
$ per share
56%
44%
Investment Co
Jan
•
Wednesday
July 26
33%
No par
com
Dry Goods
preferred
preferred
Associates
Tuesday
S per share
22'/a
81
5%
5
com
Carpet Co Inc
21
Jan
I per share
—No par
Co
Associated
15% July 15
12
Cork
Constable
98% Jan 27
103
Apr 27
Apr
Jun
35
Jan
3
11
11% Feb 28
Illinois
of
preferred.
$4 conv preferred
30
95
I per share
10
100
$3.75
16% Jun
87
Co
Armstrong
13% Jan
July
106
July 25
No par
com
preferred
prior preferred
$6 conv
110% Jan
May
111
&
Armour
1
13% Mar
Corp
conv
7% July 18
.
Jun
17% Aug
Dec
98
4%%
21
Jan
41%
15 % May
Dec
Dec
Steel
Armco
10
Feb
7
13
6%
13%
Archer-Dan lels-Mldland
26
Jun
3
8
68%
Monday
Monday, August 1, 1949
i
'
RECORD
Saturday
Par
34% July 29
32%
34% Jun
Dec
STOCK
(
$ per share
chare
101 %
Nov
23%
$ per
$ per share
*•
LOW AND HIGH SALE PRICES
STOCK
YORK
1
.
EXCHANGE
Highest
Lowest
Highest
$ per share
NEW
Range Since Jan. 1
Year 1948
CHRONICLE
'
'
July 23
STOCKS
lui» tor Previous
11%
FINANCIAL
—
NEW
103
&
5y£
4%
*11%
5Vt
*35
14%
4%
12
35%
"1,200
500
12
51/8
5%
34%
*13%
14
9,000
35
1,000
B
,V
<
xl3 '
16% Jun;
Jun
17%
'!
j
>
,
t
16% July
!■■ 29% July *
15% Feb
Feb
''
40% NOV
15% Jun
13
21% Jan
7
Barker
Jun
36
Dec
39% Mar
Jun
6
41
9% Feb
15
Jan
11% Jun
3
32
Jan
3
4
46
96
May 14
12% Apr 27
22% May
Jan
69'
Mar
20% Jan
76
Beaunit
6
10% Jan
21
32 % Feb
4
30
Feb
34% Apr
27% Jun 30
32%
Feb
37% July
20"% May
30% Jun
14
37
Mar 30
11% Jun
10
16
Feb
6% Jun
' 1
48%
12
12
No par
,11%
Deo
98
Mar 21
Feb
6% Apr 13
Jan
21% Feb
73% Jan
U
24
87 % Mar
4
102% July
Jan
5
Jun
28
30% May
23% Feb
11
37% May
Feb
Feb
93
2
Dec
25
39%
Feb
,
13
36% July
19% May
22% Dec
57% Deo
30%
8%
25
77%
•97
98%.
98%
98%
99%
99%
2%
2'A
2%
25'A
2%
$4 div ser of 1948-No par
16%
07%
Nov
'
■:
''
,
6% Nov
26
15
7
22
27
Jan
96
Jan
55% July 28
64 -'
Jan
Jan
22% July
1 "
32% Jan
16% May
38% Mar
2
19% July 28
42% July 27
Dec
July 28
7
54
Jan
91% May 11
1% Mar 9
Jun
71
96
Mar
26
Jun
,
2% Jan
17
6 ye Jun
35% Feb
13
25%
Nov
92%
1
47% Jan
21% Jun
14
29
8%
Deo
26% Jun 27
Apr
23% Sep
•
Jan
98
12% July
v
103
3
Feb
16
31% July 27
Jan)3
91
7
10% dan
21
Jun
23
99% Apr
8
27
Feb
33% Aug
29% Mar 14
32
90%
Feb
99
95'
22
4
17% Feb
V.
,
Aug
23% NOV
Jan
15% Jun 27
v
Nor
120
•"
24% May
124% July
Sep
7%
65
Deo
30%
Deo
13% Jun
120
11% May
July
•
Mar
'
40
90 %
21% May
43% Jun
Deo
29%- Feb
16%
'
Deo
72%
77
'
93
•
29% Jun
13% Apr
Jun
77 1
Dec
100
Jun
70% Jun
88
Jan
73'
7% Nov
79
Mar
8% Deo
73
Dec
2% Mar
16
Mar
98%
Jan
23%
Feb
17% Jun'
<
10 %
7
89
Jun
'
Jan
18% Jan
«2
81
July 22
77 '
Feb
10
16% Jan
7
6
14
13
121
6 ye Jun
13
Jun
1
4% May
3
Feb
7
27% July
17
Jun
13
105
July
35% Jun
98 % Jun
10
20'% Jun
13
'
May 14
Feb
104
Jan
25
24
,
40% Jun
30
Feb
52
54%
52
May
2
Jun
2
-
Jun
1%
Dec
5
Dec
21%. Dec
9
Nov
101% Nov
37%
Dec
14% Mar
10
Mar
88
Mar
3
Sep
May
8% May
31% May
15% May
119
Jan
44
May
xl9% May
19 % May
47%
For footnotes
Dec
see
page
1
26
36% Jan 26
58
6
10
9% Jap
100
Jun
24
16% Jan
8
13
40% Jan
24.
5
-
,
*
STOCK
.
EXCHANGE
CLOSED
*99
...
J
v
8,300
3,100
79
99%
300
.
400
.
2%
28%
2%
37,700
24%
2%
25
24%
1,100
28%
5,400
23,200
28%
27%
27%
27%
133%
24%
24%
24%
9%
*9%
10 Va
9% .:
134
134
500
Thursday
2,200
400
£
,
Friday
July 29
$ per share
30%
8
£13%
12%
12%
1,300
10 Va
10%
10%
6,600
*10%
11
40
*38
40
*
25%
*25
22
23%
19%
19%
42%
42%
47%
.<
97
8%
-
-
8*A
9'A
-
30%
,
9%
30%
9%
31%
31%
99 '
*97
*16%
16%
;16%
22'A
30%
•
1
I
,
9%
9%
9%
*31%
97
*97
32 Va
99
: 16%
16%
16."
16%
22%
;
:
1,200
800
103,.
30%
9%
32'/a
97
2,000
29%
22%
29 %
1,800
24%
*102%
>
313/8
*31%
7%
24
22 y*
29%
103
30%
9%
-
6,000
2,300
9%
*31%
32%
♦97
16
170
377
7%
24%
29%
31%
•
8%
*36
7
♦102%
9%
100
6,800
8%
37
29%
103
99
..
6,500
<
8%
8%.
*36
30%
32
-
'
*96
29%
,
96
500
•102%
'
47%
96
300
22 7
22
:
29%
47
31%
24%
21%
2,400
31%
8y«
24%
103
42%
31%
24%
;
42%
47%
r
3,100
31%
24%
.
610
19%
2.
24 %
21%
570
•;
19
97
;
6%
29%
4,000
■■■■*
*1%
7Va
*102%
23
>2".
37 4
21%
; 56%
23
*1%
7
103
22%
56%
;
19%
423A
,
*95-/
*36
36
223/s
'
3,400
2.
*
-
300
19%
32%
l7/»
*31%
,
•
•
10%
40
23%
:
47%
47%
*95,
'■
10%
19%
23 %
56%
55%
24
42%
v
57%
,
7%
30% >30%
31
/
500
26
♦38
18% 7j 19%
7%
36
29% ' 29%
—
19%
243/8
,
24
'
21%
;
31
8%
8%
Shares
10
7
36
24
99
/'
600
10
16
16%
15
?■'.
! :V 15 %
1,100
*
14%
*121
,
9%
-
67
15%?-
"15% >15%
124 A '."' ♦121
9%
*32
33
91%
14%
14 Va
;£'
15%
124
>
9%
>67%
*90%
—
5
;'?31%
1
67'A
124 i
9%
67%
67%
32%
32%
.-31%
93%
92%
*13%
14 Va
13%
■
♦121
9%
67%
-
14% >15%
15%
.
*121
9%
*91%
—
32
16%
87
.
-
..
32
::
87%
'so v.'
*73
14%
1
.
>
16%
>•
100
100
i
•-
•
13
19 >A
i7A
31
the Week
13
23%
*.
j. 19%
" .,*1%
.
BalM for
July 28
S per share
•
32
.
M6%
^
;
17 V
i
*79
14%
*7%
8%
•ior%
82%
*73
78
88
78
14%
V
101%
<
14%
7%
8 Va
104
101%
:
-.
88
*79
v-
-
81%
so ■?;•'■■■
*73,-:
t
7%
*63%"
64 M '
7,
*7%
104
?
3%
3%
19%
19%
*99%
•
>
*3%
19
*32
32%
.200
93 <<
♦92%
133A ,133/4
200
*32
'
-
87% >;88
♦so y.
81%
♦103
7%
80
143/4
?•
.
300
'v
.32%
600
16%
16%
6,100
84%
420
*87%
i
*80% i 8i%
^
;
80
*73
143/s
8
♦7%
105
*102%
7%
63'A
,100
-
14%
>
3,800
7%
64
64
7%
8
300
♦63%
105 i
7Va
65
,100
>-
2,200
290
3%
*3%
33/4
*3%
33/4
400
19'A
>
19%
193/4
*183A
193/a
2,200
100'A
100%
100%;.:
♦100 a:
22
22%
22'A
22%
>X22%
22 Va
*32
a
420
'
63%
3%
19%
67%
16%
♦7%
8
•■:£" 67%
32
,
14%
104
7%
64
64
3%
19%
...
'7
'
■
*73
•
14% '■14%
18,500
93
16%
■"
*7 -
32
16%
86'A
"
*87
80 a
16%
•
'
•—«»
9%
14
93
*133/4
32% '.-32%
5,400
123
i:v: £9%
.•32%
*32
92'A
13%
♦121
9%
673/4
67 3A
313/4
<
•
124 V\ '
9% •"■:
'
"
32%
X32%
56
101
.
I
100
99
21%
•21%
32%
32%
32%
32%
50
323/8
54%
54%
*54%
*53%
55%
55
55
1
preferred.
Zinc-Lead
1%
1%
5,1%
1%
1%
1%
1%
4
4%
4'A
4%
4
4
4
Canada
Southern
Ry Co
Canadian
Breweries
Canadian
Pacific
Cannon
47%
97 v.->:
;
100
<41
July 19
87A
25%
i
*77%
,
4,100
10%
10%
57
24%
••
,*95>-
1%
*102%
Nopar
12% Feb
4
109 % Mar 21
46
47%
58%
58'A
47
>
Cons Copper——5
Campbell W & C Fdy
Nopar
Can Dry Ginger Ale com
1.66%
$4.25
conv
preferred
Nopar
* May
6
18% Apr 11
14% Jan
7
42% *
6%
Calumet & Hecla
5% Jan
100
8%
25 A
79
1,100
93
30%
*99
100;
*21%
213/4
60
400
C
Callahan
22% Jan
42
36
Packing common**No par
7
7
10% Jun
r
23%
""
97
*
1% Jan
27
42%
~
common—
■;' 7
19
30%
7% participating preferred
100
Byron Jackson Co
*
_No par
5%
19
1%
Bldg 1%
18
16% Jun
3
Bros
23%
46%
1
*
pfd
*
Apr
3% Jun
35% Jun 27
preferred
California
,
8%
25'/a
*99
13%
£ ;
30%
£
25%
23%
24
*94%
preferred—100
is
preferred
1
100
'Putte Copper & Zinc
5
Byers Co (AM) common
Nopar
.
*90
:
25 !A
10%
24
59%
<
5
Corp common
4%%
■■
27% Mar
Mills
Bush Term
27
26% Jan
4%
Butler
2
4% Mar 30;
24% Jan
.*5
Nopar
Inc*
Bush Terminal
7
Feb
Co
,300
;
200
24%
9%
19%
42Va
3%% conv 2nd preferred
3%% preferred
1
i
.100
Burroughs Adding Machine—No par
.
13 Va
13%
27%'
24%
*38
19%
•
18%
100
:
19'A
23%
;
(assented)*100
■v
10%,;
40
*38
24
—Nopar
Watch
..
14
13
10%
23%
15
*
v
4
9% Jan
82 "
*
Maine RR
Burlington
,
12%,
10
13
•
58%
-
,
12%
30%
28%
25
>10%
19%
"v
.
1
preferred
Bulova
10
.
Inc
(The)
100
36%
133%
<
Wednesday
July 27
25%
10'A
10%
—5
No par
—
7,
Feb
29
';
*13
93
25
I per share
12%
>
40
18%
_No par
Buffalo Forge Co
Buff Nlag El Corp 3.60%
Bullard Co
11
7
9
60
13
19
14
-
Jan
Brass*
A
preferred
$5
July 28
12%
*38
*
Mar 29
36 :
x97% Jun
Deo
15% Jun
15
Apr' 6
13% Jun
July
114
May
Jan
15
13%
30%
2% £•
28'/a
0%
v
;
133 %
24%
9%
14
8%
29
28%
27%
•133
*35 Va
13%
.
*77%
25'A
25 %
*loy2
.
Bucyrus-Erle Co common
5
7% preferred
.100
Budd (The) Co common—_Nopar
Mar 19
9% Mar 30.
34
24% Jun
Feb
124
'v
i-.v
Tuesday
July 26
25
12%
Brunswick-Balke-Collender —No par
69% Jan 31
97
"Apr
12%
16
'
Apr 20
12% Feb 15
*
$3.60
17% Mar 14
61% July 6
26% Jun 27
Mar
81
Apr
86
Jun
12%
'
Jun
78% Aug
Feb
14
7% Jun 13
75
.
t
i
15
6
,
300
*28
25 Va
$ per share
.„
10% -10%
Brewing
,
33 " Jan ' 6
14
18% Jan
Jan
&
class
Airways Inc—
*
2.50
Corp of America***
15
Bridgeport Brass Co—
;
No par
Briggs Manufacturing Corp—No par
Briggs & Stratton
No par
Bristol-Myers Cp common
2.50
3%% preferred
1
100
Brooklyn Union Gas
Nopar
Brown 81 Bigelow
1
:*
,1
Brown Shoe Co inc common—15
10
20 Ve Jun 14
* 25
*
Braniff
16
Jun
t
•
2.50
Roller Bearing. Co
.Bower
10
9% Apr
3? • Jan
• per share
No par
5
*
Borg-Warner Corp common
3%% preferred
1
8% Mar 30;
5
Co
.'
Co
Boston &
17
13
Co
Stores
Borden
5
6% Jun
101%
'
Bond
7
t per share
Par
July 25
1
Aluminum
Ami
Class B
13
25 % Jan
34% May
37% Jun
Oct
15% Mar
Bon
,
8%
;
7%
♦7
7%
"
Bohn
5
•
25
*9%
:
78% -78%
28'A
133%
24%
24%
8%
29%
27%
133
30%
24% £ 25
•:
25
A
28%
7
Monday
No par
(E W) Co*
Boeing Airplane
12
Feb
36%
„Nov
27%
Saturday
*July g3
.,
No par
& Laughlin Inc—
Bloomingdale Brothers
18
-
11% May
'
7% Deo
x27% Mar
25
Jun
42% Apr 21
10% May
I
*
8
.
28%
10
*9%
-
,
■
25% Mar 30
25
'25'/* V
133%
24%
No par
Bliss
13% Jan
42
26%
:•
2%
8%
30
LOW AND HIGH BALE PRICES
Bliss
42'
.
96
1
28%
♦132
STOCK
12% Mar 18
6
9% Jun
66% July
May
,5% May
•
1% Aug
32% Dec
24%
1
Black & Decker Mfg Co
Blaw-Knox Co
33% Apr 26 u
17% Jun 13
Apr
27% May
44% Jun
Dec
37% Nov
42% Feb
2%
*_1
**r
Foods
Best
EXCHANGE,
51
■
■
8Va
800
77%
36
*90
77%
14% Mar 30
,
■
24%
NEW YORK
37% May
'
Dec
13
14
30%
14%
*76
29
Va
50
*13%
a;
'
93
8 Va
Birmingham Electric Co
12
,
1,500
1,200
94
13%
'
24%
t per, share
30% Jan
14
v
31
11%
46
*13'A
.
*90
14
93
-
30'/a
11%
46
: *35
14%
77%
Highest
$ per share
8% Jun
44% July
'
*13%
*90
30 Va
1,100
*93
*7
14
♦77
.Bethlehem Steel (Del) com—No par
7% preferred
**100
Blgelow-Sanford Carpet
No par
;
10% Jun
17% May
29%
13%
-93
11,100
12
11%
*28
35%
*13%
100
48
12
14
*13%
14
' 14 '/a
37
47%
76
♦24%
2
22% Jun 30
14% Sep
"
13%
♦90
8TOCKS
% per share
Dec
*13%
*36 Va
;
94
14
Home Appliances
33y3C
Beneficial Indus Loan com
*10
Cum pfd $3.25 ser of 1946_No par
Range Since Jan. 1
Lowest
Highest
19% Nov
*13%
14 Va
100
L
*
Best <te Co
11% Mar 11
32% Mar
13%
Benguet Consol Mining Co,18 pesos
31% Mar 21
Dec
13%
•13%
1,500
46
75%
29
35%
80
800
16%
11%
*92%
7%
*28
v;
36
1,400
V*
46
:
13%
7%
29
£■■■:
37
78
13%
U *76
7%
*7%
1
10
common
7
9 ye May 31
3
7%
—1
Co
33% Jan
22% Jun 29
'
9%
*35
136% Feb
14% Jan
Feb
*28
35%
:
37% May
26% Dec
29:
♦35
7
Dec
129% Jun1
•7
•28
7
Nov
f per share
i
1
*10
Co
30% Jan
139% July
Year 1948
i
78
11%
29%
Bftnf e for Previous
h
13%
*76
2% July
26% Jan
Mar
Lowest
s
*13
preferred
Cum pfd
6
92%
13 %
Bendix
7
45%
92%
78
13%
*76
*.100
>
,5
99% July 27
,
May 10
23% Jun 13
Oct
Jan
25% July 29
78% July 27''
11%
45%
93
45%
.50
26
21%
11%
*91
pfd
*36'/a
45%
46
93
Corp
90 %
.26% July
11%
46
•91
Belding-Heminway
Bell Aircraft Corp
Dec
11%
25
common
2.50
Bell
Dec
♦36
,
•
—_—100
Feb
' Nov
16%
48
17
68
37
16%
12%
16V2 Jun 30
21
16%
16%
48%
14
4%%
*16
12
Packing
Bendix Aviation
16%
3,200
42
47%
14
.
16%
*40%
*36'A
10% Feb
34% Mar 30
16
41%
12%
11 % Jun
5
41%
;V
37
19% Mar
13
16
42
47
24% Jan
Jun
42%
18%
72 •;
12'/a
Dec
89% July
42%
16%
.*17%
■
*70
46%
Feb
26
41%
16%
18'A
200
6,100
7,300
72
36%.
Nov
Jun
17%
18%
*70
:
12
14%
38% Jun
16%
18
72
■
47%
14%
103%
17%
17%
,
.
f\,
9%
8%
,9%
8%
-
8%
11%
Co
Howell
8%
36
Beech Creek RR
&
/
8%
47%
10%
18'
'
5
Mills, Inc
Beech-Nut
14
9% h" 9%
41%
50
Inc
Aircraft
Beech
,
14
*1
.Beck Shoe (A S) 4%%
July 15
■.*
9%
8%
Corp
pfd
conv
: ' '
14
9%
10
Co
Foods
3%%
17%
*70
;
8%
17%
,
*13%
>
common
Works
Cigars
Beatrice
8
5
Dec
OH
Iron
Bayuk
July 25
25
Bath
common
preferred
Barnsdall
,
20
Jan
Brothers
4%%
10
12
87% Feb
Jan
100
Mar
49
13% Apr
17% Jan
4
16 % Mar
i
16% Mar
xl3
41%
3
69
9
72
47% Jan
90
26%
18
71
28
23%
30%
18%
71
Jun
38'
May,
43% May
125
17%
7
July 27
Sep
25
17%
18%
71
Jan
72
Dec
23%
17%
7
25
15% Dec
r
17%
22% Jan
13
80%
,!
9%
8%
14
30%
86%
9%
8'A
13
45%
NOV
9%
13%
9%
8%
14% Jun
14% Jun
45
Feb
9
13%
*9%
60% Jun
28% Jun
38% Nov
31
>
7
♦13%
Jun
59
Dec
x20
11% Jan
Works
100
4% non-cum preferred*
100
Bangor & Aroostook common—,50
Conv
5%
preferred
100
Barber Oil Corp
(Delaware)—**10
31%
13 % Feb
60
13
Ohio
&
Baltimore
80% May
Mar
10;
1
(B T) Inc
Baldwin Locomotive
•
7% Jun
13
Babbitt
Mills
Ltd
Ry
193/3
11%
*103%
25
No par
»i9V8
1
11%
*103%
19%
11%
105
*19%
11%
*104%
19 %
*19%
11%
11%
105
32%
*53%
1%
53%
100
1%
1.900
4%
3%
4
2,000
19%
11%
19 %
11%
^
19%
600
11%
7,200
*104%
105
•104%
105
*35%
37
*35%
37
13
*17%
37
"
*35%
37
*35%
37
*17%
18%
*17%
18%
*17%
18
12%
12%
12%
12%
12%
12%
12%
12%
12%
45
45
45%
45%
45%
*45%
45%
*44%
*44
500
'
*353/8
100
Nopar
l93/8
11%
105
/
32%
1%
*17%
17%
12%
46
15,700
200
■
Volume
Number 4825
170
THE
COMMERCIAL
new
Range for Previous
11
Range Since
Feb
18
Apr
56
Aug
Sep
100 Yz
Feb
v
26 V*
Dec
32
30
Dec
413/4
12
Mi
130
55% May 11
8MiJuly:26
263% Jan
193/4 May
9
Jun
12% Jun
Jan
Jun
30
Jun
10
147 y2 July
,131
Jan
52%
-Feb
Feb
97
.
39%
Feb
223/4
105
Feb
123
140
Feb
Jun
97
July
May
.
Jun
20 Ma
Jan
17
183/4 Jan
11
29
17
21
May 31
Jun
Jun
14
123/4 Jun
17
12 3/8
100 Yz
383/a July
8 3/8 Mar
IVz
Noy
108
Oct
74
83
Jan v
397/a
63/4 Mar
"■,/
•
Jan
3
12 M2
28
113A Jun
7%
Dec
11
Jun
6% July
18 Mi
Dec
28 y2
12 Ma
Nov
20
May
14% July 13
1* ' 9 Ma Jun 14
24 Ma
Feb
33
Jan
227/e July
175/a
Feb
267/a
Jun
90
Feb
1003/4
Jan
Dec
15 y4
Jun
7s/a
25 Mi Mar
31 Ye
76 y2
•
4
Dec
77/a
Feb
6
Jan
12
10
293/4 Jun
?
79
7
:
8% Jan
5% Jan
•
Jun
13
12
Feb
11
11% Mar 30
'
-
9 3/a
IV* Feb 24
14
28
10
3
Jun
Jun
13
Jun
9
%'■ 9 Mi Jun
14
4% Jun
13
337/a
Dec
49% July
27
Jun
Dec
40
May
213/4 Jun
•
8% Jan
15
r
14
57
Jun
49V4 Jun
28
42 M2
Sep
25M2 Jun
17
Jan
72%
Oct
563/4 Jun
14
74
July
15 Mi
Oct
10
Jan
$ per share
$ per share
14 Ma
Feb
I934 May
23/4
Nov
44 Ma
Xl3
Jun
A
16 Ma Jan
20
35
Jun.
31
Feb
42
Jun
31
Jun
Nov
653,4i
Jun
44 Ma Jun
14
26 M4 Apr
5 Ma
16
50%
$3
25
27
;
May
3 6 Ma
Jan
48 Ma
July
7 Mi
Jun
101% May
preferred
Conv
97 M2 Jan
•
Jan.,
7
Jan
8
Chile
58
Jan.
7
303/4 July 29
42% Jan
4%
-
17
3
29 Ma Jan
15 Ma
Jan
21
May
16
Jun
6
•18% Jan
7
203/4 jun
14
30% Jan
8
Aug
111 Ma
34%
Apr
Oct
108 Ma
77
Jun
Nov
43
93
6y8
17%
25
30%
30%
30%
83
82
82
33/4
3%
8%
■8% -•
8Yz
5 Ma %
*
5
Apr
36% Mar 21
Dec
109
105
Jun
Jan
26
107
11
*3 Mi
-5%
21
I per share
Elec
preferred
*39 i;
July
Dec
453^
Sep
96
Apr
25% May
263/4 May
x87M4
15
Nov
16
Feb
123/4 Feb
16"
9 Ma
Feb
July
22%
Oct
223/4
v
17
15
Oct
12 Ma Jun
•
15
:
7%
Jun
19
;
13
-
Dec
18 3/4
Nov
18% July
Dec '
17 Ma July
20 M4
Dec
32Mb May
17 Ma Jun
6
20
Nov
31% May
16% Jun
22
IOM4
Feb
14%
Jun
Sep f ."
13 Mi
May
Z 12
11
9 Ma
"7%
Jun
49
Dec
78 Mai
Dec
37 Mi
8 Mi Jim
10
-Z
Apr
.
9% Jun
t; 113/4 Jan
-
26% Jun
18% Jun
2
7/7•
Internal
5%
Feb
3 6 3/a
Jan
90
Jan
*16
Nov
2M4
Feb
90
Dec
25
Nov
,
28 M4
104
Jan
12
13% Jun
22
95
July
29% May
33/4
106
3
Oct
Apr
•
29% May
,
Jan
3
89 % Jan
•
23/4
8
Ma
Dec
11% May
Dec
303/e July
x24%
Dec
32
4
Sep
21
Mar
103 3/8
May
6 Ma May
,
29%
40
30 3/a
!i 25.Ma Feb 11
-";'Z 2 Ma Jun 14
21 Ma Feb
25 Ma July
,
25
Feb
108 Mi
Dec
xl06
Apr
xl8Ma
Jun
11
Jun
14
*32
34
I
51
v303/a
.
,
8 Ma
Dec
12 Mi
Dec
51
Jan
180
51
/
7%
*
7 Ma
,
7 Ma
*7%
7 Ma
*80 Ma
82
:
27
;
18
*173/a
18
26 Ma
26 Ma
*26%
7 38 3/a
383/4
38%
*38
7'
*:••• ••
par
82
40
28
28
1,300
:.17%
17%
171/4
171/4
400
'*26 Y*
26 Ma
400
135
*139
108
68
*C4
68
*38
38 Ma
*38
38 Ma
12 Ma
12%
113/4
12
12
28;
Z
28
28 Ma
28 Mo
28Ma
4
.(
"4
4 Mo
24%
25
■i
138 Yz
140
-141
4
24%
138
*74 Ma
1
•74 Ma
77
STOCK
V-
EXCHANGE
CLOSED
633/4
64
141
♦140
63%
•
♦1075
*1075
141
•
37%
*94 M*-
par
u
37/
"•
95
15%
17%
64
14%
<•--
*
15%
!
'
0Mi
«'/4
• -
9
10%
10%
10%
.7
•••".9 •
Z
*
'•-93%
93%
16Mb
«
15%
15%
17 Mi
t'Z
10%
''
*56%
58
243/4
24%
10
50%
513/4
51%
517/e
98 Ma
97%
15 V*
100
98
J
■273/4
*27%
273/4
26%
M26%
21
3 Ma
3 Ma
3 Ma
8%
9%
*91/4
9%
9
*8
9
-
/
9Y*
*8Ml
9 Mi
Consol Edison of N Y com—No par
23%
233/a
23 Me
23%
No par
Corp—1.33%
Consolidated Laundries Corp.
5
107 Ma
15
preferred
.1
series..
Commonwealth Edison Co
Dec
98 Ma
July
Sep
33 Ma
Dec
6
12 V* Apr
13
30 Ma Apr
36
20
.108% July 29
Jan
27% Jun
17
37% Jan 22
93
Jun
13 Ma Jan
3
97 Ma Apr
13
17% July
92%
40
Nov
92
Oct
8% Nov
48% Mar
Por
64 M.
footnotes
page
21
933/4 Jun
7
5
6
363/4 Mar 30
15
lOOMa July 28
95
.i
Oct
see
5
15 Ma Jan
Jan
85
July
13 Ye May
,
30 Ma Jun
Sep
May
99
4
105 Yz Apr
99 Ma May
84 Ye Mar
July 28
1083/4 July 28
Dec
Oct
29 Ye
May
30
27
27
103/4 Mar
90
Consolidated Natural Gas
Consolidated Textile Co Inc
103 Ma Apr
42 Ma
Grocers
Consolidated
Jun
1063/4
preferred—
Consol RR of Cuba 6%
293/4 July 26
100
$5
7
106 Ma May
35%
/
Consolidated
8
Jun
29%
Conde Nast
Congoleum-Nairn Inc
7
8
Jun
6M4 Jun
24
24.
Consolidated
Vultee
100
pfd
:"when
58
.♦293/4
;>f *20 Ma
20%
,
Continental
Diamond Fibre
Continental
Insurance
90
10
*18%
18%
900
183/4
*181/4
183/4
400
10%
31,500
ll'/e
3,200
10%
,
10%
iZ llMa
*55
.
Hi/8
59
•
293/4
z*
293/4
203/4
*201%
"99
z
-
102%
8%
27
ZZj
273/8
*26 Ma
27
10 Ma
ll'/e
60
♦56
100
Z
311/41
31%;
20%
20 3%
1,000
/>
,
800
103
*24 3/8
!
243/4
503/4
511/4
993/4
1001/2
15%.
4%
2,500
790
15%
5,300
43/4
468,400
8,300
1023/4 .103%
26%
3,400
'
27
13,400
1,000
26 Ma
26%
8 Mi
8'/4
8M4
81/4
27%
27:«/8
*27 3/a
27%
28
*26 Ma
28
3
2%
2%
2,000
*26'/a
3
3
23%
43/4
102%
.
^
28
23%
15%
4%
27 Ma
3
...
151/4
>
263/4
8 Ma
'991/a 100
4%
26 3/a
(
15 3/a
102 Yz
V
14%
24%
51%
50 3/4
lOOMa
45/a
4%"
24%
52
1,000
200
23%
23%
23%
23%
14,900
107V4
107M2
1,000
v-
1073/a
107 Ma
1073/a
107 Mi
107 Mi
107M4
107%
12%
12 Mi
12 Y*
*12 Me
12 Ma
12 Ma
12 Mo
*12 Ms
12'/4
10%
10 Ma
10 Mi
10 Ma
*10%
10%
10%
10%
10 »/2
10 Ma
900
403/4
41%
40 Ma
41 Mi
40%
41
40 Ma
41%
41
4P/4
3,700
16 Ma,
17%
17
17
•163/e
17
♦16Mb
16%
16%
161/4
1,300
11
11
11
*103/4
11
*lC3/4
*10%
11'/4
:
7%
7%
7%
7%
8%
9%
9 Mi
93/4
32 V*.
•9%
32
\
32 Me
32
293/4
107%
1073/4
108 V*
108%
34%
343/4
35
96
96
133/4
14 Ma
92
92
32%
*96
*95
13%
♦92
32%
323/4
101%
*98%
323/4
/
11
,"7
7%
7%
900
n%
9%
93/4
16,600
32%
32%
32Mb
32 3/a
2,700
30
29%
29%
1081/4
108%
108%
1083/4
1083/4
108 Mi
103 5/0
1083/e
108 3/4
343/a
96 Ma
*95
30
35
35
97
<95
97
34%
30
34%
*S5
*
35
96
14
13%
14
*13%
14 Ma
14%
14%
93 %
92
92
*92
52 Yz
92 Mi
921/4
323/4
33
99 Y*
99Vi
33
100 Ma
5
*63/4
7 Mi
6%
6%
59%
59%
59 Mi
59 Yz
•
7
593/4
7
60 V4
200
73/4
PMa
108 Ma
*108
600
*71/2
73/4
10
29%
108 Y*
333/4
•
108 Ma
108%
108 Y*
32 Mi
29%
108 V*
-.16
"
—:
130
"
191/4
24%
51
7%
No par
preferred
7
~
2,000
»•
123/a
distributed"
9
*81/4
30 Ma
24%
(
*103/4
preferred
No par
$4.52 preferred..—
No par
Container Corp of America com__20
4% preferred
—100
Continental Baking Co com—No par
$5.50 preferred
No par
Continental Can Inc common
20
633/4 May
'
153/a
♦I8M4
58
1
$4.50
$3.75
9 3/a
f
•
♦18.i/a
113/8
1
Aircraft
Consumers Power Co com —^No par
Common
<
18%'
10%
10c
Inc
Retail Stores
9% Jan
2
563/4 Feb
Z
9-
11%
s
3 Ma
$6
3,300
*8'A
"
—
Solvents
300
14
15 :
293/4
203/4."
2,100
;>
17%
13%
09
29 Ma
16
15%
♦17
8%
10%
'
180
94%
*93%
I5M2
f
24%
•
14
i
12,000
34Mi
-
11 Mi.
20 Ma
preferred
17%
38
373,4
'-*8'/4
10%
11 Ma
.
243/4
Commercial
220
/
.f -15%
'•
5
Co
•
8%
143/s
-
9% Jan
16 3/a Mar
*17
-
-
,11 Ml
*56 Ma ;;,58
9
-
38
94%
8%-
9%
:—Jlopar
Commercial Credit common
3.60%
■
,
Ohio
'
64
*1075
37%
373/4
-
14V*
8%
*20 Mi
,
800
141%
*63%
*".-15 Ma -15%
15 Ma
8 Ma
20 Ma
Elec
160
77
1403/4
'•>
15%
14%- 14%
4.15 Yz
*
29%.-.
Inc
64
*1075
94 Ma
-
17%
29 Ma
So
142
*63%
140
*74%
11V*
16 Ye
8 Ma
*8 Mi
*9
17%
■Z-
14%
15Ma
'37 Ma
94 Ma
16
v-
'
—No par
12 Ma Mar
Nov
\
v
♦1075
37'Ma
94%
/
15%
*17%,
par
W—No par
21 Ma Jan
10
1413/4
1,100
!
-36%
System Inc—No par
common—No par
Engineering
77
6,500
1,100
24%
*138
140
9,400
Z"
4
4
24%
25
*74 Ma
141%-
•
*63 Ma
>64
.'7—
Carbon Co
&
*24%
♦138
77.
18 Ma .-18%
Superheater
~60
121/4
273/4
>
:
18%
Columb'13
40
*66
38
Z
138
V
-
50
1,600
*106'/4 108
103
68
18%
Columbian
4,100
'
38
h
18% 7-
$4.25 cum preferred w
22
■H
13
••
243/4
135
76
♦106 Me
39
1113/4
22
4Mb
,*4
,
24 Ma
*74
38%
111%
22 Ma
*66
68
38 Ma'
*
38%
22 Ma
223/4
*106 Ma
108
12%
4 Ma
24 Ma
2.50
B
16
7%
Sep
26%
111%
383/4
•111
lll3/4
22 Ma
18 Ma
Class
14
153/4 July
263/4
'
27%Z 273/4
13 3/a
r273/4.
4
——20
23
15 Mi May
Dec
100
82
27 Ma
38%
38 Ma
*111
223/4
*106 Ma
106 Ma"
IV/*
par
20
Jun
29 V*
Dec
71/4
82
27 Ma
.;;
Corp
7 Ma Jun
Dec
8%
*7Ma
*80%
18
*173/a
iii3/4
...
223/4
23%
273/4
No par
100
100
11M4 Feb
19
10%
7 Ma
82
27
38 Ma
*66
*111
7111%
*27%
5
*7 Ma
,
104
27
*80%
-
Publishing Inc.—No par
No par
Consolidated Cigar
No par
Consolidated Coppermines Corp—5
July 15
7,500
50%;
8 Ma
11
103 Ma J 03%
50 3/a
26 Ma
46% Mar
30 3/i
30'/a
'
50
102 Ma
13
25,200
503/a
8 Ma
23
30%
30%
103 Ma
60
50%
50
26 Mi
Feb
8
34
50 Mi
49%
.
102%
3 8 Mi Jun
Jun
37 Ma
*31
50% r.
3 We"
49 Ma
8%
8
34
50%
4,700
5,900
26 Ma
5
7,100
24%
102 Ma
/14 % Jan
300
23/4
38
104%
8%
108 Ma July
6
11% Mar
2%'.
38
24%
26 Ma
May 10
141/4
♦13%
25
1013/4
43/a Jan
23/4
41
243/4
25
29:
Shares
25%
No par
1
14 Ma
23/4
41
183/4
9
8
tor
the Week
25
4%
Feb
*14
1
40
103 Ma
4%
gMi Jan
Bales
July 29
$ per share
25%
104
4%
30
7% jun:
7
24% Jun 30
Friday
July 28
S per share
2%
'
27Ma
4,300
24%'
103 Ma
Commonw'lth & South com—No par
7
29
Thursday
(
•
50%
15%
27% Jan
200
*32
,15%
103 Ma May
900
12
14 Ma
.*14
51
23% July 27
3
61%
*11
$ per share
34
15 Ma
/ "■ 43/4 July 25
3
25 Ma Jan
:
f
•
,
—'No par
7
*60 Ma
11 %
18%
.lOOMa Jan 31
17% Jan
62
11
Wednesday
t
/
*173/fl
Pictures
Mar 17
61
11'
18%
Gas
52
29%
61 '■
*10 Ma
29 Ma
19
Columbia
25
1,600
<
293/4
18%
Columbia
«
26% May 13
/ 46 Ma Feb
53% July
52
Columbia Broad Sys Inc cl A—2.50
non-cum
13
21% Apr 21
*51
*8Mi
non-cum
>
10
29
253/a
52
*51
..52
1st preferred
100
2nd preferred—100
4%
14%
8
21% Feb 11
Jun
*25
'
Colorado & Southern Ry com—10O
7
13
*32
,7 50%
38 Ma
preferred
conv
113/a July 27
'58
May 16
32 Mi Jan
253/a
•61
1
40
68
Colo Fuel & Iron Corp com_No par
24
10
13
2,000
103/4
29
25 3/a
July 27
*39
*38
(The) common_No par
No par
A
Combustion
18 Ma
v
12
.
11
*66
preferred
2nd
10
Apr
29
10 Ma
28 Yz
25 Ma
29%
61
.*111
stock
23% Jan
10
48 M. Mar
RR Co 7%
Pitts
24% Jan
7
<7.3/4 Feb
2
-
i
*26 Ma
preferred—;
&
Class
9
Jan
13% Jan
15
7% Jun .*7
Jun
28%
Z. 7 Ma Jun
Z
Jan
10%
283/4
11 Mi
29a/4
'
82
106 Ma
Coca-Cola
19% Jan 24
6
10 Ma
4,200
1,900
10%
*51
27
*22%
Coca-Cola Co
5
*94% Jun
Mar 22
6,500
25 Yz
23/4
50 3/4
82
Graph Bronze Co com
Special gtd 4%
July 19
300
5%
20%
29
; ■
•
29%
'
No par
1
100
gtd
50
$4.50 preferred
Colonial Mills Inc
' 8
89
3%
5%
20
70
193/4 Feb
Jan
*13% Feb
Z.
57/a
21%
1,700
170
July 25
Jan
(
2,600
6
*65
173/4 Jan-/ 7
39
*3 Me
5 Ma
20 y2
*
600
15 3/a
6
3 Mi
■V;,. 3 Mi
5%
21%
6,000
9
9
15 V*
6%
*120
No
Colgate-Palmollve-Peet com—No
$3.50 preferred
No
Collins & Aikman Corp
No
1075
15%
6
70
preferred
25
3 Mi
5%
l'-20®4
9 Mi
15%
6 Mi
170
cum
29% Feb
1075
Jan
*83/4
9
15%
*65
Cleve
12
600
1,400
"
10%
♦120
y
31
10
10
70
1%
Jan
10
27
4%
«
83/4
170
13
64
400
;*8 Mi
27
82% Jan 28
152
;■
11,900
33/4
*65
2
1
83/4
31%
82-
*3%
*120
-30% Feb
:
.8%
10%
3 Mi
V,
*26 Ma
1
5
37/a
•.
8%
6%
14 %
34
49%
1
13
*81%
*3%
27
Clopay Corp—
Cluett Peabody & Co com
-6*
31
82
;
70
12
Jan
31
4
•900
18
170
5% Jan
60% Jan
303/4
*81 Mi
83
*5%
*17%
*65
33/4 July 11
X124% Jun
31%
6 3/a
*120
Jan
-,j
30%
*3%
52
2 3/4
40
*32 '
50
No par
Jan
18
70
Clinton Industries Inc
63% -Jun
*5%
*17 Yz
170
Climax Molybdenum—.
1332
6 Mi
17%
*61
19
183
233/4
'
non-cum
20
*
1,300
•
14%
49%':
15 Mi Jan
Dec
170
6M4
•
23/4
23/4
49
303/4 Jan
Apr
*23
.400
300
9
14 Mi
14
30 Ma
113/4 July 28
141
5,400
Mi,
1,100
July 26
24%'
24 Ma Jun.22
26
1,600
11 Mi
-
95%
Tuesday
104%
Jan
July 19
15 Mi
11
7
223/4
15%
f per share
29%
18% Mar
Apr
7%
15%
11'%
233/4
25 M4'
•
61
24 Ma
35 Mi
71
7 Ma
15%
11 Mi
■■■
223/4-
Mi
T
*10%
*103 Ma
Nov
Dec
10%
com__—8.50
Dec
•60 Mi
61
100
Machine Co—10
12%
133
€00
*93%
8%
5%
283/4
$ per share
25
i
23%
1332
29%
Monday
July 25
;
100
25
5%
July
12,200
10 3/8
15 Mi
-
11%
*81%
213/a
'
*51
10%
10
Cleve
134%
51%
61
July 23
2
92 Ma May
11%
10%
*23%
>
3 M2
Mi.
21
28%
Saturday
17
147
*11%
LOW AND HIGH BALK PRICES
STOCK
26
Feb
6
53/4
5% '
21
♦51
100
Feb
75% Dec
■
'
No par
Jan
137
'
10%
94%
>
29 M2
73
15
1,700
6%
11 Mi
43
21% Jun
<100
,
;
22%
8 Ma
11 Mi
6
36% May
11%
10%
7
19
94 Ma
15
Ma
25
14
Dec
*3
3%
-
<•
' -6
29 Mi
62 Ma Jun
Ma
8M2
143/4
,
,
11%
37% Jun
27
50
85 Ma
17%
20'
11%
15%
10
243/4
78 Ma May
10%
*84
*19
22%
10 Ma
29
4 7 Ma
Dec
10
10%
Dec
Ma
9%
233/4
Nov
4
85 Yz
110
110
94%
8%
28 %
39
May
109 Yz
22%
•
100
fc>9 Ma
May
1,800
*121
16
253/a Jan
400
71/4
& St Louis Ry Co com—100
C c
5%
3
112 Ma Jun
10
14'A
71/4
preferred
100
Cleve Elec Hluminating com„No par
9
.42 Ma Jan
/ Feb 10
20% Jun
Mar
85
3%
14 Mi
Mi
'
1
&
300
*31/4
7
17 Yz
par
A
4,500
233/4
3%-.
i
3,000
8
*93 Mi
6 Mi
33/4
15%
8
*23
r
31Ms,
83
100
Par
Gas
6%
18
6
100
15%
,
; .22%
,
18%
I6M4
3%
i;
*
15%
,
6 Ma
7
11%
233/4,
No par
com
10%
•
18 Ma
100
City Products Corp
City Stores Co
Clark Equipment Co
C
•
Jun
Jan
105
8% Apr 16
Apr. 5
27
83
July
Feb
3/a
22%
93
5
100
No par
5
20
25
Jan
Jan
34 Ma
22%
93
City Investing Co common—
6% Feb
79 Ma Jun
25
22
*23 Me
22%
No par
Apr
105 Yz
23%
22%
92 %
C I T Financial Corp
Jun
•
V
52 Mi May 19
3
10
88
•:
15%,
Cincinnati Milling
33
Jan
7M4
15 y2
'11 Mi
253/, July 27
84 Ma
80
*6%
11%
5
*15%
•
15%
vtc
series
preferred
20%
*6%
11%
100
2,500
14 Mi
>♦84
84 Ma
20 V*
•
"11%
233/4
preferred
Copper Co
Cincinnati
84 Ma
•500
16
3%
7%
I 3 09 Yz
♦153/4
5 Ma %
104% July 29
:
11
851
20 Ma
No par
com
Chrysler Corp
Dec
38 Mi
20 Ma
110
7
common
36
-
4
Feb
x20
Co
60;
1
Dec
17£f
*83 M2
-
9,600
11,700
♦13 Ma
'
IV*
*109 Ma
110
'
3%
14 V*
7 Ml
113/4
;.Z',
Childs
*3 Mi
*13%
10%
CLOSED
preference—No par
YORK
7%
:xii%
4.
preferred
15%
7%
8
!
Chickasha Cotton Oil
19
Jan/; 7
Dec
July
*108%
85
ny2
15%
U
7 Mi
-19%
*19
15%
7%
'*
14 Ma
7%
'
15%
;
10%
EXCHANGE
75 Ma
27 3/4-Mar
110
-
16%
3%
14
7 Mi
*153/4
No par
Chicago Yellow Cab
NEW
243,a
176
*83
STOCK
EXCHANGE
*3 Ma
14
7 Mi
no
16 Mi
•
8 Mi
40
convertible
'
293/4
33/4
*13 Ma
157/a
*153/4
1.25
preferred
S per share
6
2 Ma Jun
Oct
Nov Z,
*3%
8
6%
Highest
t
Apr
63 V* May
Feb
15 Ma
Chic Rock Is & Pac RR Co„No par
4
$ per share
4%
Nov
15 M2
8%
8M2
Range Since Jan. 1
19 Ma
15%
8 Mi
143/4
20
12% Feb
Lowest
Highest
23 Ma
15 Mi
1003/4
*123
'
16 Mi
16
15%
STOCKS
Year 1948
90
122 %
15%
125
123%
I6M1
IP/4 '
:
Range for Previous
Lowest
100 3/a
122%
"
*ioo3/8' 101 Mi
126
15%
10 Ma
Chicago Pneumat Tool com__No
55M4 May 4
347/a Jan 21
May 11
100%
36
101 Mi
16 %
8 Ma
5%
Feb
10
27
125
10
32V*
26%
No par
Chicago & Northwest
29 % Mar 30
25 y2
45%
32 Ma
'6 Ma
Series
Jan
493/4 Mar
Z
323/8
26%
1003/4
153/4
;>
1,800
*135% 136%
26%
11%
preferred
600
36M4
36
136 Ma
*J35
200
7
317/8
16 Mi
No par
com
:
14%
33%
7
27%
14%
36Mi.Jan
•
A
136 Yz
*135
5
Co
36%
141/4
32%
'9%
333/4 Jan
28
26
Jan
5]/2 Jan
13
233/a July
Dec
Z
;i;' 17
Class
37 Mi
*7
*32%
7%
37
*32 Ma
37%
1
14 Mi
33 Yz
14
;
7%
313/4
Chicago Corp (The)^
j
1
Chicago Great West Ry Co com—50
18 Mi Jan
5y8 Jun
/
14%
33
7%
26%
5%
preferred
50
Chic Ind & Louis Ry Co class A
25
Class B
No par
Chic Milw St Paul & P vtc
No par
10% Apr
127/e Jun
13 Mi July
Apr
■
•
4,100
14 3/a
1
Chic & East HI RR Co
May 16
700
11
Copper Corp
convertible
1,100
28%
No par
preferred
J3%%
28%
23%
113/4
Chesapeake Corp of Virginia
Chesapeake & Ohio Ry common
21
28%
28%
*10%
Checker Cab Mfg—
Feb
85
•
Belt
28%
'*28 Mi
32 M4
*15%
100
Products
70
28 3/a
28%
33
20
9.50
101
'101
27 Mi
101 Mi
com_5
101
28 Mi
J.
3lV*i
*124
Corp
Champion Paper & Fib
$4.50
July
41% July
73/a Mar
Chain
34% Jan
13
West
101
26%
125
Sugar Co
de Pasco
Certain-teed
28 Mi Jan
7
Jun
Cerro
6
97% Mar
•.
13
Jan
3%
22% July
15% July
4Yt Mar
133/4
5% Jun
July
17 Ma
Jan
30
14
Violeta
South
•k
500
31%
1013/4
pfd
Century Ribbon Mills
18
24 Mi Jan
13
Jun
&
Central
11
Jan
14% May
123/a July
Jan
7 Ms
27
17% July 18
Jan
9
Nov
18% Jun
Jan
90
-
21 Ml Jan
Light 4%%
Central
6
•13% Jan
■
8
91
•
May
45 Mi
Feb
9
'
•30
Dec
Apr
20
Apr 20
8M4 Mar 29
8
HI
7,100
263/4
16
Central NY Pr Corp 3.40% pfd—100
XCentral RR of New Jersey—;
100
30
7%
32%
124
__
14
54%
73%
26%
101%
Central
7
Mar
353/4 Jan
9% Feb
preferred
14
54 Ma
8
31%
100
common
14
55
28 Ml
136 M2
No par
preferred
Corp
for
Shares
28 y4
!
•
*135
135
the Week
share
73/4
'
Mi
101
7
36%
Bales
S per
*54 Ma
55
8
34
7
14
14%
8
'101
14 y2
*32 y2
37 y8
135
7
110
13
May
36%
5
13
15
commo
•Z
6%
Friday
July 29
July 28
S per share
**
r*
*54%
.
101
14 Mi
14%
34
6%
8
Jan
Jun
Dec
101
*32
75/a Apr
6
84 V2 July 27
10 Ma
100 %
133/4
series
Corp
Central Aguirre Sugar Co
1
5
Central Foundry Co
1
Central of Ga Ry Co vtc
No par
.5% preferred series B vtc
100
Central Hudson G & E Corp_.No par
16
Nov
Co
2nd
5%
ll3/4 Mar 14
10% Jun
•
.7
79 V* May 24
May
4%
24 Mi Jan .:
,
4
.104% Jan
Jun
Mar
common
General
Caterpillar Tractor new
10
Celanese Corp of Amer com—No par
$4.75 1st preferred
No par
7
■
7%
3
,
100%
preferred
Celotex
7 Mi
Dec
■1%
32 3/a July 28
&
(J. I)
7
Sep
Dec
Case
6
Feb
6%
7
Mar 12
32 Mi Jan
.
Corp
Conv preferred
Carriers
263/4 Jan
liy4
22 Yb
Carrier
105
187/a
Mi Dec
100
ver
-♦14
•
8MT
28 3/a
131% Jan
Feb
6%
5
55
8%
*
28 3/a
17
Dec
14% '
*54%
Mi
15
16
*14
8MB"
28%
143/4 Jun
.
13%
54 Me
8
28
Jun
Dec
133/4
54 Ma
28%
140
7
175/a
1
10
1
Thursday
July 27
28 Mi
Apr 23
.
Wednesday
;
28 Ma
15 y2 Jun
,
$
July 26
per share
28 Mi
9
15
HIGH BALK PRICES
Tuesday
July 25
fper share
Carolina Power & Light
133/4 Jun
X114
343/a
Monday
Carpenter Steel Co
29
'i 37% Jan
23 % Apr'22
.
common
Carolina Clinch & Ohio Ry
May 5
7% Jan 17
;
11
267/a Jun
22
7
16% May
24
Dec
Capital Admin class A
$3 preferred A
Capital Airlines Inc.
37
4
Feb
Feb
<
Par
•
Saturday
July 23
I per share
35% Jan
.
14
6
;
17
;
*
293/b Mar 29
17
303/4 Mar
v
May
Jan
108
7
% 25% Jun 14
Jan
43 Mi
Mar
100
July
Dec
6 Mi Mar
35 Ma
4
51/4 Feb 23
Nov
Nov
30
15
50
/
»
(407)
record
'*■
.
EXCHANGE
S per share
.
121/4 Mar 23
.
8% Mar
110 3/4
stock
LOW AND
NEW YORK STOCK
Highest
I per .share
•
May
Yz
Jan. 1
Lowest
Highest
$ per share
3%
48
*
york
CHRONICLE
STOCKS
Year 1948
Lowest
4 per share
•
& ~ FINANCIAL
32%
331/4
100%
lOOMa
63/4
59%
7
60%
33
*98%
7
60 Ma
14,100
360
270
4,800
50
1,700
60
33
3,900
101
200
7
•60 M4
600
2,200
I
16
COMMERCIAL
THE
(408)
s
Year 1*4*
I ve* rhare
5% Jun
14
8% Jan
47% Feb
11
18
Apr
14
19% Jun 28
58% Apr
15% Jan
66
11% Jun
42% Mar
50%
Not
9% Not
15%
Jun
Feb
18
Not
23%
88
Not
86
Oct
3%
July
98
Oct
Deo
Dec
Oct
5%
Jan
Dec
3%
89%
98%
92% Sep
8%
Jun
13
Dec
17% Not
23%
Dec
91%
Feb
95
H
Jun
28%
Jun
34
Jan
19% Jan
3
42"% Apr
Jun
14
X :,'VV
17% Aug
177 :
Apr
Dec
88
11%
Deo
15%
»
7
-
July
17% May
;
Dec
34%
13 %
150
Feb
47%
Dec
May
12% July
28% Sep
137 •
.
7
72% Jan
24
7
•'
•
160
6
5%
Jan
1
19% Jun
7% Jan
*51%
10%
10
10%
'
*13%
14%
14%
,
; *49%
X 8
52
14%
49J/a
52%
50
8%
25%
25%
26%:
26
60%
99%
*98'/2
99%:
*98%
99%
61 %
180%
62
61Ve
61 y8
180%
181%
*98V2
99%
*98%
62%
•
62%
182
183
-
62%
*3%
3%
1%
1%
1%
1%
1%
1%
*1%
26 %
25%
26%
99%
26
*97%
26
26%
26
*98
Corp
com
25 Va
26
4,500
993/4
*10
lOVe
10
10 Va
10%
IOV4
27
27
27 VA
21 Va
26%
27
15J/4
15%
15%
15 V2
15%
15%
15%
151/2
151/4
15%
2,300
41
.24%
40%
40%
i
40%
40%
40
4OV2
500
24%
24 Ve
£■. 24%
98%
98 Ve
41
*40
No par
i
*40
24%
24%
24%
98%
98%
*98% :" 98%
95%
*93
*93
17%
17%
58%
58%
24
*22'%
*58%
231/2
*221/2
231/2
14*
*13%
14
14
*160
180
*160
7J/e
7%
180
7 Ve
65
No par
*116
No par
1
A
Inc 7%
pfd
Inc
100
No par
117
*46%
I
STOCK
*46%
8%
19%
EXCHANGE.
19%
♦132%
CLOSED
22
*1321/2
22
140
20
14%
1,000
180
/ {V
71/e
.
*160
7Ve
7%
-
73/e
•64
65
*11%
11%
*11%
19v2
i
19%
19%
*20
21Va
6%
*
6 /
;;
37%
8%
19%
..19%
*132%
22%
117
117
48
48
900
8%
13,900
20%
20Vs
2,200
♦132%
140
*21%
22 Ve
22
•
440
.
48%
140
19%
;*132%
22
119
3,800
8%
8%
:
140
22
300
200
-
20
8%
~
200
.
6%
117
48.
8%
6
-48
.117'
♦116
f
>
4,400
ll3/4
65
'
,!
800
180
*£3
19%
22%
22%
11%
6
8%
19%
140
58V8
22%
*14-
14
65
47
8%
58 Ve
23%
14
1,600
♦19%
117
♦116
47
8
17
11%
*63
64
150
'
17
*160
.
7%
7% :
7% :
64
,
96
58% i 58%
180-
•160
1,800
99
*93
17%
*22%
:
500
95%
17%
58Va
*22%
400
24%
98%
.99
*93
17%
*58
14
*64
17%
18
58%
24%
24 7/e
*98
■
*98
99%
*98
951/2
*93
X
95%
17%
'M14
No par
com
■ $7
preferred
Prior preferred
Curttes-Wrlght common
Cutler-Hammer
26 Vs
2.50
Inc
Cusbman's Sons
.
2,300
♦98
non-cum
'
7
13/4
10 %
6%
Class
1 %i
27%
6%
l',~
500
1%
99%
6%
7
210
.
.
33/4
*ioy8
6%
k
185
33/4,
*26%
Curtis
4
3,000
"62%
62%
•
10%
191/2
19
-
27%
No par
Publishing
6,900
26%
10%
*19%
Press
99%
500
27%
preferred
6%
3%
10
■
1,100
99%
993/4.
-
*182V4
*3%
"
50
,*983/4
183
-
1,200
52%
26%
26%
600
,
;v.:■ 8%
8
52%
991/2
3%
19%
21
/
♦98%
i
*49
7%
52%
*3%
*19%
Jan
14%
3%
Cunningham Drugstores Inc—2.80
26% Jan
10»/4
50
,
100
:
.
14 'A*
'
180 Va
180%'
52
.
10%
7%
26
99%
*98%
7,600
14%
52%
r'
26%
*98%
99%
:
*49
1
*51%
100
22%
22%
-
9,100
s-
13%
10%
*10%
52%
99%
52
7.600
5%
56%
*13
23 Va
*
v; 14
50
*52 !/e
29
24% Jan
14 %
*49
12
Jan
ioy4
57
131/2
*51%
14%
./
52
♦11%
Jan
*
8%
52
26
52
5%
56%
5%
,\
22%
10%
■
49%
*8
5%
23
.
*51%
52
11%
9% Apr
137
51%
11%
50
1
51%
•
129
Mar 14
RR
Cuneo
7
19
,
22%
100
pfd
10O
common—10
v
100
Cudahy Packing Co common
10
;
4% %
preferred.
100
27
A
22%
Cuban-American Sugar
»■ 7%
preferred
8% Mar 29
:
21%
*93%
*93%
Share t
1
preferred
conv
Cuba
6
13% Feb
,3
18% Jun 14
,
May
73
22
$4 2nd preferred
No par
Crucible Steel of Amer com—No par
Apr 21
15% Jan 27
13
20% July
$4.20
31
27
Jun
133
July
x31% May
21% Mar
Jan
7% Jan
*
Jan
133
Aug
61 :
4% Feb
18% Feb
24
'10% Jun. H
16
Feb"28
V 4% Feb 24
100
Jun 14
43% Jun 28
July
122%
14
^
21%
53/4
for
the Week
;
3
America
of
Zellerbach
Crown
8
4
May
i 60
Jan
Feb
27% Jan
Jan
'.** ♦***'
*12%
100
preferred
preferred
$2
99% July 21
5% Jun
13% May
Dec
13
96
July
V#
160
Jun
,7%
67%
3%%
7
Mar 17
12% Feb 24
i
.
May 24
21
•
s
13
16
56%
13%
25
common
Cream of Wheat Corp (The)
Crown Cork & Seal com
15% Jun
Juu
78 %
Deo
12% Feb;
155
100 % Apr
Co
Creameries
20
65% Dec
25
Crane
10 % Mar 30
94
V 90
Dec
Z
7
27 % July 19
Jun
129
Dec
20%
32% Jan
Jun
56%
*12%
——1
Corp
7
103% July
34%
International
Coty
'
5%
56%
13 Va
56% '
3%
3
14
46% Mar
5%
57%
*12%
9
8
36% Jan
26% May
Dec
4% May
2% Jan
Feb
23
Dec
36%
9
July 28
5%
13
,
"
,
S per thare
■
13
"10
Sales
...
July 29
$ per thare
57%
;
8% Jan
Jan
24%
Mar
x21
64% May
13
21 % Jun 13
96
Jun 27
Jun
15
12
'
1% Jun
Feb
Feb
1%
6
July 21
183
6
3% Mar 25
171% Jan
Mar
new
V; Friday.
Thursday
July 28
July 27
I per thare
57
No par
Copper Range Co
>
No par
Copperweld Steel Co common
-•
Convertible pref 5% series
16
Cornell Dubiller Electric Corp
1
Corn Exchange Bank & Tr Co—20
f
Corning Glass Works common
3% %
preferred
100
Cum pfd 3%% ser of 1947—100
Corn Products Refining com
31
7% preferred
100
26% July 19
99% Jan 25
101
Corp
$3 prior preferred
11% Jan : 7
6
Jan
57
66% Mar
177
Feb
Corp
Cooper-Bessemer
'
f per thare
5%
5%
Wednesday
,
July 26
t per thare
$ per thare
14
5
Delaware
Continental Steel
17
•
54% Jan
3
20
Apr 26
94 ' Jan 10
92% Jan
3
97% July
56%
52
13
Jun
49% Mar
67% July
60
7
12% Feb
19% Jan
4
49% Jan
\
3
Tuesday
%
July 25
i
of
Continental OH
'55% May 13
20
Jun
12
Oct
164%
Monday
6
Continental Motors
23% July 28
51% July 19
9
Jun 13
July
■
21%
29
Par
7
Jun
Feb
13
RECORD
.July 23
-
perthare
Jun
69%
X49% Mar
v.
f
f t>er thare
16%
19%
STOCK
Monday, August 1, 1949
..
LOW AND HIGH BALI PRICES
stock
york
exchange
Feb
Mar
14
:
new
Feb
6
;
Bange 8Iboo Jaa. 1
Higkoct
Lawest
Highest
I per thare
46%
CHRONICLE
STOCKS
|U|» fw FrtrUu
Lewest
FINANCIAL
Saturday
YORK
NEW
i
&
700
22%
D
13% Dec
14% Dec
94%
Jan
17%
87
Jun
20%
Oct
85
Jan
11% July,
.
24% Feb
i
i)
82% not
Jan
13
17% May
8
20 Va Jan
7
3
31
15
94
Jun
Jan
13%
Sep
V 42
Jan
■
29% Feb
*■
97
31
Jun
X
7
Decca
12
13
40% Jan
♦16V2
18
32
Co
7
92 V2
93%
*ll3/e
11%
*
17%
21
36%
34 Va
34%
100
29%
29%
.
19 Ve
27V4
-VQrVw*."'
•
:
27%
2,100
12,800
41,400
fii-.k'
96%
V
96%
96%
96%
96%
.i.
*96%
97%
8%
8%
8 3/8
8%
:7 V/;./
3,000
LvvV.
19%
273/4
:
-
•
*95%
4
96
20
96
97
:
97
*8%
100
8%
1,200
11,200
6%
6%
63/4
213/4
21 Va
21%
*20%
213/4
300
37
37
37 V8
36%
37 J/e
37
37V4
9,600
34%
34%
343/4
34%
34%
35%
35 Va
2.800
29%
28%
28%
28 3/e
7
6%
*34
29
*21%.
6%
28 V8
60
6%
63/4
63/4
63/4
6/2
20V4
20%
20 y4
20%
20%
20%
22%'
22%
22%
23
223/4
40 /•
28 V4
28 Ve
6%
Light Co—>13.50
23 Ve
&
Delaware Power &
'V
16 %
.19%
19%
27%
21 3/4
■
36%
'
17%
19%
273/4
,8%
63/4
*21
37
*16%
.
19%
27%
96%
8%
17%
t
96%
96
.
63/4
21
No par
Western
*
11%
11%
j
•
•
%
32
.
*16%.
20
27^^
*95%
>
8 3/e
20
Lack
r
*
96
6%
1
.
96%
,
8 3/e
60c
Inc
common
preferred
Delaware
*95
18
193/4
27%,
19%
*95
93%
♦ll3/e
*113/8
27%
10O
11%
*92%
llVe
*92%
11%/
19 Va
60®
Delaware & Hudson
21
9% Jan
Records
&
7%
20% July 27
Jun 20
94
*113/8
273/e
100
A_
Deep Rock Oil Corp
Deere
35% July 29
5% Jun 13
19
series B—
Dayton Rubber Co
37% July 29
Mar 29J
26
Jun
13% July
Jan
series
3.75%
8
9% Jan
29
30 y# Jun 13
3.75%
Preferred
July 29
10% Jan
14
Jan
60 %
Jan
7% Feb
Jun
17
Preferred
96% July 12
4
11
11
93 Va
11%
11%
*92 V2
11%
*16%
7
11% :
94
!
113/e
a'a July 14
:X? 7% Jun 30
;,^';:4%.May 31%
34% May
-
Jan
92% Jan
*
11%
11%
*92 3/e
ft
Dayton Pwr & Light common—
May 12
8
Jun
,
46%
31% Dec
X 92
Jun
11
3%%
2
*16% Mar
94
Dec
38%
24
X 26% Jan
15%
Sep
8%
Jan
Corp common
1
pfd series A
:
100
Davega Stores Corp common. .250
—20
5% conv preferred —
1
Davison Chemical Corp (The)-
20
81% Aug
;
-8% not
27
Jun
14-
5
& July
84
94
28% July
*
f
18% Feb
Dana
15% Mar 18
Jun 13
Jan« 4
9
.
»
6%
223/4
6% i
20%
22%
•
6%
20 3%
:
20%
2,400
6%
4,100
.
20%
1,500
22%
2,300
39Ve
1,000
3,600
Denver & Rio Grande West RR
13
Jun
27% Jan
Escrow
ctfs
for
Escrow
ctfs
for
100
39% July
19
58
34% Jun 14
50% Jan
24
20* Jan
22 Va Apr
20
Detroit Edison
58
Jan
10
Detroit Hillsdale & S W RR Co_10O
9% Jan
7
Detroit-Michigan Stove Co
1
24% Mar
2
Detroit
1
14% Feb
32% Mar
;
20
Apr
'4, 21% May
56
Deo
July
13% May
50X Jun" 7
4J/4 Jun 29
26%
15
60% Jan
8% Deo
22% Mar
3
•
£
Oct
Jun 14
7
Steel
com
pfd
100
—
20
Corp
'
11
13
iiVn Jun'20
Mar 29
16%
35% Mar
Jan
28%
Dec
19% Dec
Jun
10% Jun
13
22
Jan
32% Jun
22
40
Jan
De
26
zJun
7
,46
Vllbiss Co
Devoe &
21%
50
50
5%
5%
5%
18%
183/4
*18%
12%
*12%
*12
12%
*17%
33%
.
17%
17%
33%
20
5%
5Ve
5%
183/4
18%
18 Ve
•
12%
*17%
33
100
17%
*12%
17%
33%
12%
33%
3,200
1,000
400
33
12%
17%
333%
17V8
34
-
21%
55
•50
5%
12%-
17%
34
213/4
52
183/4
5Vs
17%
22
*49
19
34
*393/4
393/4
213/4
22
52
5
*12
393/4
40 Ye
213/4
*49
18
5
12.60
common
213/4
54
17%
•
Match
40%-
21%
""
No par
Reynolds class A_
Diamond
*393/4
*'40
40
213A
*49
*22
■
800
'
38
Feb
Dec
39% July
46% July
11
5, 19% May
Mar
18
Bange for Previous
13
z
Lowest
13% Dec
25
20%
10
29
Deo
^
Apr
23
r
Jun
56
•
Oct
41
•
not
:
I per thare
17
;30
Jan
53
Apr
26
10
Jun
12
July11
Jan
25'
Feb
12% Jan
60%
43
Feb
Oct
Apr
29
Jan
98
May
12% Deo
18
;
80
Apr:. 27
11% Mar 8
8% Jun
May
113% Jan
?
/■/■
!
t
v
84
18
38%
157
>20% May
19% Nov
:
•<
175
H- 82
10% Dec
82
•>'
No par
*10%
103/4
103/4
Doehler-Jarvls
29 Va
29%
16%
163/4
59
60
47%
47%
Jan
24
Dow
21
May
4
13
Jan
Co
No par
3%%
11
V ^
Jan
A
Jan
Jun
56
16%
Oct
37%
,
iff -12% Dec
19% not
{*
*55
Dec
41% Deo
tC
...
56% Jan
17
19%
*83%
1
Corp
New
Preferred
$4.50
series
series
No par
13% Jan
5
7
13% Jan
7
Inc.
6%
Eaton
18
Jan
10
Edison Bros Stores Inc common
Jan
12
«'
90% Jun
13
10% Feb
6-
14
4
July 25
Jun
1
12% Feb
25
101
>,
•
1% Jun
•
34% Jun
Apr
•
43
-;
May
7% Apr-
5
Ekco
Jan
7
15% Apr
14
7
5
f
10%
9%
9%
18%
19%
.18%
19%
15%
15%,
8%
CLOSED
93
Elgin National Watch Co
common
10
74%
Jun
48
Jun
15
57
Jan
6
Oct
42% Jan
14
47
Feb
28
preferred
preference
15%
9
184
.'
93
»*103/4
*95
*63/4
; v
38%
38%
■V'*14%
14 3/8
*35
37
1%
*1V4
39%
393/4
*39%
11
7
•i
*?'
1%
40
•
/V
101^%
60%
Feb
59
Sep
<8%
Apr
4
Dec
9
Jan
3% Feb
20% May
11% Jan
9% Dec
7% Mar
84%
Dec
3%
Dec
49% May
7% Mar
48% Jun
55
1
July 12
61% Jan 24
68
5%
Erie
preferred series A
Pittsburgh RR Co
&
Jan
31
25
4% Jan
6
Eureka
6ys Jun
13
10 Ve Jan
7
Evans
6% Jun
28
9% Apr 30
45% July 28
36
Jan
4
3
Jun
15
5 %
Apr
6
Williams
Products
Corp
Co
Eversharp Inc
Corp—
Exchange Bufftc Corp.
Ex-Cell-O
100
1
5
5
No par
10
10%
100
60
51%
513/4
*53
57
4%
10 %
52%
*53
52%
4%
4%
7%
7%
-7V8
7%
1
7%
44%
*3%
7%
45
3%
7%
7% -
16%
16%
32
32
5
10 3/e
10%
*52
;
8
45%
45%
3y2
*3V4
700
1,400
16%
16%
313/4
313A
103
5%
-
103
5%
103/s
10,100
9,200
;•
52
52
58
*55
58
4
63%
7
„
4%
8
.
8
453/4
453/4
3. %
*3%
3%
7
*73/4
*45
*
_
*3%
V
7%
46 Vs
3%
600
20
4%
7
•"
45%
.
110
...
5%
10 Va
52
,
r.
900
1,300 Vf
.
10
4
8
45%
*3%
4,500
9%
102
lOVe
'
;
13%
7
7
'
100
32
5Ve
|
:
400
,
17%
1013/4
;; 52
:j
3,900
9%
58
57
*4
i.
900
;
'
13%
V
4y8
521/4
57.
4%
1
9%
133/8
101 %
/:
24%
9%
13 3/8
5
v
57
4%
24
24
9V4
'!
:
300
44Va
13%
101%
5
—8
44%
16%
1013/4
10%
543/4
13%
*313/4
100
203/4
46%
233/4
1,000
1,100
54%
*9%
: .V:
.
•
\
2,900
-
z
54
l
-i
J:.
12%
A
t
p
13/a
12
20%
24 3/e
101%
Bldg
common
113/4
.
»
v. 40
40
203%
<
i'l
1,000
•
14 yB
40
H
i i
'
38%
*1%
20
V
300
-l
6%-'
37 C
113/4
/'■
24
101%
RR
1,400
,'Z Z;
11
I 96%
14%
\
10
3,100
'"A-
.
93
•35
40
*39%
25%
31%
4% preferred
Equitable Office
*
25
31%
':V-
14% Ay
*10%
•
10,000
:26%
VV 38%
1%
25%
31%
Erie
40
•
14%
500
-•
—.
184
;
63/4
35%
*43
16
500
42%
V
Ii
12,700
10
*95
38% 4' 38%
1%
1%
.
63/4
353%
54%
x29% Jun
13
1% v
10%
14%
i
46 Ve
16%
32
.*•-•
Jan
:-:l\
14%
36 Ve
*43
16%
z.
*9%
.*181
/ 900
83/4-.
V4
5 " 26%
96%
63/4
*52%
16
5% July 28
14% Jan 21
I-
40
;
10 3/4
46%
16
...
184
*95
54V4
9%
,
41%
93/4
42%
*182
,
15
143/4
■:ZV *8
8%
93/4
*43
Empire District Electric Co
104
ii
•46%
17% May 26
33% Mar 25
6
2,800
15%
54
6
13
19
19
*52
-
'4% Jan
24
38%
383/4
*35
9%
9 Va Jun
19
19
413/4
10%
55
13 %
4% Jun
;
-Z.
96 %
*52 3/4
93%
IOOV2 Jan
1,000
8%
113%
13 Ve
Jun
10%
10
15
6% z: 7
20%
13
common
*9%
9%
*91 Va
19%
13
Endicott Johnson Corp
130
93
"i, *11%
10
25
900
113%
/
19%
•-
101
j: *91
93
11%
*9%
new
123
*100%
14%
19%
*43
♦122%
♦112%
15
11%
'
-123
27%
20
25%
Nov
33,800
v
11V4
<
I
6%
47%
15
19 5/8
11%
/•
♦
16% July
85% July
46%
26%
*io3/4
/ 14
14%
3
104
5
47%
143/4
*95
'
V,V
38%*
Electric Mfg Co
Feb
H
1,000
27
\ *91
37
Radio
Jan
700
11%
"
*
96%
Emerson
Feb
19
101
V:
184.
:
26%
*91
-
10 Va
; 143/4
Emerson
0%
-
'*182
■:V
;Vi
7
4%
19
HVe
112%
"
41 Ve
.-.V
16% Mar 31
97
19%
100%
■
19
.-*9%
413/4
15
13% Jan
Jen
9.500
11%
122
,
8 3%
93/4-..
14
34
173/4
88
112%
,
.
15%
42
17
Phonograph
•
122
8%
C
8 % Jun
29% Dec
17%
*80%
46%
,
47%
•VV 15%
.
12 y8 Jun
k
\
106%
11%
*19
;
12
/
82
4,200
106
106 3/e
18%
*80%
r
19%
r;19 '"
-
Dec
16% Aug
17%
.
•
July
12% Jan
;
19 Va
*105
106
106 3/a
105%
88
121%
;
2o"%
Gas
;
1,100
*105%
106
106%
•
16%
&
6,500
1003/4 1003/4
rll23/4 113"
{
*9% ; : 9%
Feb
Natural
48
80
50
conv
Paso
47%
26 Ve
1%
10
Elliott Co
26Ve
7
a
41%
*182
95
*35
No par
7
May 16
48
.15
'1V.X
143/B
13% Mar 24
$
c
/:. 9%
vz
21 Va
*6V4
38 %
a
-15
95
B
21% Jan
El
184
.
*91
common
/
42
26 3/4
*10 3/4
v..i 45%;
*8%
93/4
93/4
14%
\
8%
'184
.
1
2
29
47%
*
413/4
1
13
23% July 28
1,500
48 Vs
46%
9% Mar
12%
16%
60%
47%
*93/4
17% Jun
5%
46%
1133/4
10 % Jun
'
47
1003/4
Jun
49
16%
60 Va
19%
123
Jan
5%%
16%
60%
*11%
:
*121%
Electric Storage Battery
1
2,800
16%
19%
12
*100%
27%
,
19%
12
v 113%
51
10
19
113%
Convertible preferred
_No par
Elec & Mus Ind Amer shares
Jan
283/4
28 3/4
1,300
*59 Va
*80%,
,
100%
35% July 22
2 % Jan 12
13
293/e
M
11
11
60%
18%
88
122
-100
Nut Co
Auto-Lite (The)-.
Electric
29%
;
160
v.
163%
19V4 / 19%
•83
88
1003/4
.2.80
common.
preferredStop
Electric Boat
29%
106%
113%
100
Products Co
Elastic
11
*105%
121%
100
1
preferred
4%%
2
1
preferred
Manufacturing Co
4%%
106%
STOCK
10
July 20
32% Jan
7
<
106
12
-
Eastman Kodak Co common
185
11
1,100
49%
473/4
JO
Eastern Corp common.
Eastern Stainless Steel Corp—
Co.
.!
7
11
300
28
16%
-1
Eastern
47% Mar 29
*48
293/8
.10
Zagle-Plcher
16% Mar 29
Airlines
28
48%
103/4
EXCHANGE
100
1
1st pfd
20% Mar 30
i
105V2
105%
46%
No par
$3.50
Duquesne Light 5%
DWG Cigar Corp
x
28'A
48%
*59 V2
11%
6
>Preferred
10
11%
27%
Sharet Z
& Co—
5
12% Jan
11%
27 y4
48 Va
:
;'
the Week
vf
11%
*11%
113/4
26%
*11%
8alea for .i
July 29
t vex thare
f per thare
*473/4
11%
19
No par
(E I)
12
32% Mar 18
2% May
48% Dee
19%
100
27
13
33% Apr 29
Jun
1% not
c
_50©
13
95
t.
Jun
9
Feb
82% Feb
C
106%
88
!
'
106
International
Duplan
'
106%
preferred——
conv
.
105 Va
Apr
21% Jun
►
No par
common
14 %
Jun
8%
Jan
47%
Jan
13
7% July 11
7% Jun 14
47%
11
115% Jan
101
3
20
14
164
i
106
1:
123% July
59
common
Industries
Dunhill
47% July 13
28
163/4
58%
$4 preferred series A
Dresser
21
5
16%
No par
_
$3.25 2nd preferred
21
19% July 26 v
Chemical
29%
28%
—No par
Douglas Aircraft
July 13
86% Jan
,
-6
Corp
Dome Mines Ltd
^
I per thare
103/4
Pepper Co
300
15%
1,100
11,100
Friday
:>V July 28
July 27
Dr.
11%
"
15%
400
63/4
Thursday
Wednesday
t per thare
i
63/4
6%
6% '
15%
153/4
DOB SALE PRICES
Tuesday
I per thare
f
15%
July 26
26%
14
Jun
thare
6%
15%
:
48
24 ye
14
15% Jun
38% Jun
Jun
16%
Dec
5% Jan
89% not
.
92%
Mar
!
/
July 25
26%
50% Jan
;
13
13<
■'
33% Dec
19% May
-
Deo
fV
Jan
Jun
9% Jun
46% May
Sep,
14
22%
Feb
97% Jan
112
Jan
25% May
'
Feb
30% Dec
r
rr.
.
Jun
15%
Dee
12% Dec
*
.119
Jun
99%
116;
Dec
18% Oct
13
Jun
124%
Feb
111% Aug
10% Dee
Monday
rv -fU.
—l
Corp
Du Pont de Nem
43% Jun
t per
,,
VX x
48 :
:
17% Apr 20
63% Mar 31
17% July 28
/July
20
29
t.
July 23
48
108 y4 Jan
Apr
Divco
8
15%
26%
101% Apr 22
v
15%
-i'i%
101
*
15%
11/
Oct
Deo
10% V
47%
Jun
Jan ;
413/4
10
263/4
Jun
12
413/4
10%
No par
31%
83
42%
*10
No par
106%
i
*41
10 Va
6%
Dixie Cup Co common
a Class
A
106
U 106%
42%
*10
7
33
7
90
*41
10%
*6%
7
14% Mar 29
3
48% Feb
*18% not
41%
10%
15%
Satarday
Paf
18
13
Jun
Feb
41
10%
LOW AND
STOCK
I per thare
:
9% Feb 24
;
19
97
42
;;:7v://
9
EXCHANGE
24% Feb 14
.
67%. Apr
32% Feb
!
NEW YORK
V 45% Jun
40
Feb
2
STOCKS
11% not w
not.
*41
*10%
28
60®
Corp
Distill Corp-Seagrams Ltd
Highest
47
-
Stores
Bange Since Jan. 1
t v/f'^are
46% Deo
6%
par tic preferred
Diamond T Motor Car Co
Diana
15% July 25
Lowest
Highest
# per thare ;
5
7% Mar 12
•
/
Year 194*
'n
1
12 Ve Apr
14
13
12% Jun
219% May
45% Feb
1
9% Jun
6% Jun
700
.
'
1,700
1,500
700
.
THE
Number 4825
170
Volume
COMMERCIAL
NEW
*
% RanSince Jan. 1
'
;
Year 1848
Lowest
Highest
Leweet
.■
I per share
$ per share
I pershare
NEW
Bifhift
S
*
■
per
YORK
YORK
(409)
CHRONICLE
STOCK
Monday
PRICE*
LOW AND HIGH SALE
.*
•
July 23
,
share
Par
I
;
per share'7 -
Wednesday
Tuesday
Friday
Thursday
July 2d
4
54%
Jun
34
<Jun
13
'33y*
Oct
19
i
Feb
28
5
Feb
Jun
16
Oct
11 Va Mar
Jun
32
-
% Jun
;
8
Jun
7% Jan
\
14% Jun
-20 y4 May
15
14
12% May
7
Feb
31% May
24% Feb
90 '
Feb
99%
19%
Dec
24% Sep
14 Vn Jun
13
20% Jan
5
17 y.
Dec
26% Jun
12% Jun
14
17% Jan
;6
53%
'
Feb
42
Dec
3% Jun
Jun
43
Jun
105
49% Mar
-59% July
53
14%
:20% AOS
42% Jun
21% Jun
103%
107%
Nov
Feb
28% Nov
96
xl04
Dee
26
Dec
Dec
7
102
28
84 preferred
14
May 26
x9% Jun
8% Feb 24
Mo par
157/a
66%
66%
67
68
47
47%,
47%
471/4.
*103^%- 106%
106%
7
Fo liana bee
Steel
Corp__
12% July 29
-
8
-
Food
90% Jan
18
95
261
CLOSED
64%
11%
11%
11%
*11%
26 y4^
26%-
26%
*99 Vs-
100
13%
15%
11%
11%
24
loo
24%
241/4-"-
♦88
12
24
12
Corp__lo
12%
Dec
-47%
Jun
20% Apr
79
Dec
105•
Jun
78
May
82 y4
Nov
Dec
89
July 18
24 Va
Dec
22
.,".92%
*
i
10
25% Feb
26
13
Feb
26
11% July 15 •'
10% May 13 ti
50% July 23
11% Jan
19
>
May
Oct
x38
*
Dec
16 Vs Jun
6
84
■
70
Jun
22
Aug
3
16 y4 May 27
20% Jan 12
7-
78% Feb
Corp
11%
4/%
Fruehauf
4%
*"
ir%
11%
700
26%
26%
7,100
-
•99%
22
»
3,500
>11%
Trailer Co
17
74
iqq
■'
*72%
i-
49
14
'
■
14
:
*14
3,900
-
23
400
2,400
:
<74%
300
>
4,200
18 '/a
173/4
173/4
733/4
500
-
501/2
49
173/4
'
•
8%
*14'*: -141/a
14'/a
550
.
11
>
8%
491/4
*
'"
ioy2
9
-
483/a
I \
♦
11
*8%
50
330
-
•
251/4'
>
>
22%
23 V,
'
-
*ic3/4
.
25
.
94-
93 i'
■■ v>
253/4'-.
2,900-
2,700
88%
*88
74
*72%
74
9%
V
•
231/4
23%
• "
17%
17%
17'/4
17 y8
74
141/4
9
'49
1
48%
141/4
.141/8*
*133/4
1
common
48
/
23
11
*8%
;
2,600
VllVa .-"
1-1
-V'
-
24'/8
88%
251/4
24
103/4
1
'
*93-
25%
*231/4
-
':
8%
*8%
48
*47s/8
23%
881/2
000
13% :?r ■
1
113/a >11%
11%
113/4
-
800
22
*13%
13% '
11 y4
:
-
15 Va
M'5%
15%
*i3%-
v,vt
loO
*21
94%
251/4
600
,
11%
■
12
V
93
-
10%
10%
8%
*8%
II10
preferred
24
11
/
25
Froedtert Grain k Malting Co Inc.l
•
*23i/4
23 3%
11
25
25
23%
93
243/4
91
24%
No par
Freeport Sulphur Co
*91%
3
90 y2
1,300
t/4-%
27%
90
*88
1,500
63
ti
64-
-
241/4
24%
•
90
1,200
♦105% 106%
1067/«
*99%. 100
-
13%
♦11%
♦88
90
10
common
Franklin 8tores Corp
2
-
ioo
8% prior preferred
Francisco Sugar Co
17
Feb
Jun
9
8
12% May
24% Jan
17% Mar
68%
—
21% Jun
Jan
47%
•
Feb
pfd
Foster-Wheeler
-16% May
10
conv
preferred
26% Mar 17
19% Feb
25%
Dec
3%%
3% ft
7
Chera
11
38% May
Mar
9%
8% Aug
35% Feb
Jan
Machinery k
90
;■
300
68
Va
4 V
'
27
.
.
64'»/2 -
15%
137*
-
11%
12%
.12
.•*
""
11%
15%
14
:>i3y*
.
72
263/,
•"
21
21
99
,4
*21
*^9y» 100
'*
21% --
15%
15%
133%
100'
21%
223/a
1,000
2J%
11%
273/*
-
:
i
"
64
11%
26%--
64 %
15 y*
•
-—10
Food Fair Stores Inc
29 y2 Jan
2
•:•
:
68
1
•105%
64-
•63
-
29%
V-
29%
68
46»/2
22
EXCHANGE
No par
>
*15V«. •'15%
15 %>
•
■
*99 y8
<
STOCK
7%
Fiorshelm Shoo class A__.
-
29
••"
;
No par
Power Corp
•i5y4
15%
rl5%
15J/4
'
July 26
24% Jan
15
Florida
16
46VI
♦63
300
157/*
66 Va-
64%
;
No par
Florence Stove Co
*15%
11%
No par
Carpet Co
*90
16
*15%
26%
No par
(The)
99*/a
*i5y»
-
"A'
'
29%
46 y4
*•105%
200!
1,100;
4.
*99 '/4
15'/2
106%
4 '»
4
♦
16
99%
15%
*105
100
;
3,600
■
:.
.
1.
991/4
99%
-
/'
>
17% >' 17%
*
99>/4
291/4
15%
4
'•
15%
r'
•
4%
99 Va
29%i
5,800
:
-
14'/*
3o%i
29%
66
:
10
First Notional Stores
16%- May 19
>
preferred
1
♦
17%
%
;
14%
*35 y2
4%
99 Va
'
«
7
*
•
•
.
29%
15%
J
*171/4
•
.
2,o00
.
4%
4
--
17%
3C
38
%
■
; 14%.--
143/4
700
,.6,900
25'.
1
37%
it
-*35V2
29%
•28%
ioQ
com
4V8
-4
:_5
;
FHntkote CO (The) common
6^-
*17'A
'
35%
•
; - -
24%
-
•38%
%
15
35%
18
25
May 13
-Jan
353/4
•
Firth
•
*35^.1
17% "-
%
14%
Shares
37i/4
37
-24%.-
37%
37
%
-
the Week
t per share
37%,"
24%
♦171/4
36
17%
24%
36 y4
%
♦37
37%
243/a
*
147/8 X,
:"*35%
.
<
36
%
%
143/4
_5
Firestone Tire k Rubber
7
12
*12% May
9% Mar
; 31% Jan
13% Jan -'3
Jan
•40%
Dec
7
com
243/4
15
_5
4% ft
641/2 July 22
17% Jan
3
18% May 25
21% Jan
22%
3
v,
37%
371/4
35%
35 % ,!l
%
-5
preferred
-
: v' 14%
No par
Dept Stores
25
."'•35%
Ulg Co.
Ferro Enamel Corp
:
Fidelity Pben Fire Ins N. Y__
107% Mar 17
i-May 16
t Jan
4 Va%
371/4
24%,
37
24%
:
•
—1
Felt ft Tarrant
68% Apr
6 ■'
50 y« Mar 31
6
98% Jan
May
12% Dec
13
July
11% July 13
'36% May
15% Jun
•
*
37
-2o
„
Federated
-July 14
100 % May
3'
63% July 13 '
69%. Oct
•
Federal Motor Truck
10'"
30
95y4 Mar 23
Jun
53
6% Jan
•
9
v
No par
i
Brewing Corp;
Liquidating Corp •
:..
Fedders-Qulgan Corp _i:—_
Federal Mining & Smelting Co
Federal-Mogul Corp
:
26 *
Dec
5
Co
Falataff
•
28®
-
&
FAR
7
July 21
17y2 Jan
17
Morse
Fajardo Sugar Co
38 y4.Jan
-
20%
'
Fairbanks
•
38% July 28 K
6
.
43
Mar
7
3'
9
.
35 y* Feb
16
Nov
11%
Nov
*
II
23% Feb, 15
28%
Apr
20
41% Jan
25 Va May
-
•alee for
:
July 20
*
I per share
f per share
$ per share
$ per share
-
July 27
July 26
July 25 1
'
Not
Xl9% Nov
37
Jj
17
RECORD
Saturday
STOCK
EXCHANGE
•
FINANCIAL
STOCKS
Previous
Range for
v
&
230
74
♦73
G
£$ £eC
*£$ 5ec
16%
Dec
12%
14% Jun
30
17% Jan
8
6 % Jun
1
9% Jan
10
23%
,y
—■
w
99% Mar
Pec
15
13y2 Jan
103% Jan
«,.£
11 y« July
*??$ Dec
wPr
9% Mar
3
25
July
107
46% Jan
Jan
26
*35%
14%
14%
$4.25 pfd series A
11% Mar 31
c
*4%
•
;
5%,/'
17%
11%
11%
11%
1,000
4%
4 Vb
4V4
•24%
245/8
*23%
18%
18%
4
*4%
24%
16%
16%
16%
*1053/4
106 Va
;, 46
46
*102
104
154
10
10
:
155
8o
•
9%
10 /
♦93/4
900
3,200
10%
10%
*153%
153
153
154
1Q
4,500
104
*102 *
10 Va
10 Vb
10%
10%
10%
155
16%
46
46
104 '
*102
10
2,166
106 y2
*106
46
46
*
1,700
■
13
•
16%
16%
106 y4
45%
Va
24%
'
13
19
•105%
104
10%
10%
11%
4%
♦154
155
*9%
400
18%
16%
*102
10%
10 V\
•154
«
500
17%
*24%
106
45%
r;.
104
153/4
113/4
11%
200
153/4
*17%
18
4%
18%
46
♦45%
♦102
,r
18%
♦105%
106
7%
35%
24%
16%
16%
16
7%
353/4
15%
15%
11%
18%
18 %
*353/4
700
1,600
7%
:
*17%
17%'
4%
4,800
55/B
15
36 y4
V/a
15%
11%
♦24
500
'.,5%
5%
16
16 Va
♦16
36%
*14%
17%
24%
♦105%
5
"
*35%
36%
14%
'
No par
General Bronze Corp..,,
7%
18
4%
41/4
General Baking Co common
5
88 preferred
No par
'
16%
*7%
12
*24
100
Transportation
General Amer
%
17%
17%
8
i 10% Jan 24
163% Jan 19
9% Feb 24
36%
♦11%
11
16%
7%
14%
No par
84.50 preferred
17
5%
•*
16%
*35%
Garrett Corp (The)
2
Wood Industries Inc com
II
4%% conv preferred,.
50
Gaylord Container Corp
1.66%
General American Investors com. l
25
3
4
7
4%
4%
5%
5%
"
No par
Co
4%
-
4%
7%
7%
7%
50
(The)
v
♦15%
.16
16
5
com
-
5%
5%
5%
*4%
5%
20
Gardner-Denver
26
Jun
106
6
9% Jun 14
153
July 15
14% May
Apr
5%
5%
1
preferred
Gamewell Co
>5%
1
5% conv preferred
Apr 18
13'/a Apr
Feb
32y2 Feb
23V2 Jan
16% July
Feb 15
42
99
May
17
19
21% Jun 13
15% Jun 14
Jun
106
,,;•••
15
Jun
6%
Gamble-Skogmo Inc
41% Jan 12
25
10V4 Jun 13
3% Jun 14
---
May
53% May
Jan
Feb
13
May
May
May
105%
Jun 15
34
Jun
9%
45„
26%
18%
5®c
~J/* *?ec
lf$ Dec
Oabrlel Co (The)
:
• Gair Co Inc (Robert) com
Jan
17y4July
—-
100%
478 Jun 14
fnYf
Nov
--
7% Apr 4
7V4 Jan 10
Aug
12
Feb
16Va
May
20
Dec
9
4% Jun 15
??$
400
:■/ 9%
'
72%
•15
82
Jun
28 y*
Nov
44% July
:?ec
-i!
xl25
?4
Nov
Mar
*•
9
Feb
Jun
93% Jan
1-23% Jan
4
Oct
53
97!
General Cigar Co Inc
•
2
preferred.
7%
t per share
;
?
'6
Jan
"May 17
11
52 % Jan
.
4
13
128% Jun
15
7.
"7
General Mills
6%
107y2 Jan 13
;
oar
27 V*
26 %
26%
^
"97% •"
,
7 *,) t
7
•
43%
,.
Range Since Jan. 1
.
^
t per share
'
'
$ per share
119
51% Jun
'
:
.
^
Monday
Satarday
'
July 23
Par
:
123 Va Jan
5
Feb
99%
Jun
17y4
Jun
Jan i 6
x97
12% Mar
13
16%
Feb
12%
Nov
2%
Feb
10%
Dec
■
18%
26
25
27y4July29
17
11% July 19
2% Jun
23
16V4 Mar
3% Jan
8
7
15y«
11% Jan
3
14% May
5
Jun
29
Sep
7
July 25
4% Feb
10
Feb
30%
Jun
20% Jun
22
24% Jan
31%
Jan
24
132%
Oct
99>/8 July 18
4% Mar
110%
Dec
21%
Dec
18%
30y# May
Dec
Jan
—
♦125V2
126 %
104%
*102 '
V—
87
l
17
Dec
25
12>/4Jun
14
75
Dec
85%
May
—
19%
Nov
4
Mar
113
Mar
14%
122 '
Oct
5% Jan
x95'/2 Jun
24% May
47y4 Mar
64%
94y4 Mar
Oct
52% Jun
103 y4 Aug
50%
<
96% Mar-
?
Jun
10
Oct
23%
Jun
Dec
5%
Jan
5%
Feb
8%
Apr
Oct'
5% Feb
16% Jan
19
18
16% Jun
14
.
15y4 Aug
iy8Mayl2
Feb
;
35
Oct
23
Nov
i
31
May *
89
Nov
;
99
18
v
29
Mar
*12
Dec
36%
;
Dec
132
Feb
60
Apr
29%
Feb
13%
Dec
,10
Feb
90%
23%
145%
.
.1.77
;
12%
57%
■vc
•
Dec
6
33.% Jun
;
Jun
133% July
.
Jan
? Jun
33% Mar
66
Jun >
;
,
=
-
»
?
Feb v24
5
92 ? Jan ; 4
.12;. July 20
100
July 27
20% Apr. 6
-
9% Jun 13
58% Jua >
Feb
81
Jan
18% July
footnotes
•
4
4
15% Jun 15
20% Jun
-
14y4 Mar 29
93% Jan
July
97
.
see
—
page
■
11
41
Jun.14
t
1 50.
Jan;
71% Jan
20
-46% Jan-._3
2%
13%
13%
13%
13%
16 »/4
16%
17
.
8
.
.
7
Apr lft
*
■
-
•
16%
No par
5%
5%
No par
1
22%
22 V2
27
27
No par
20
No par
101%
♦119
100
10c
24%
♦20%
*99
100
18%
5
Inc
par
par
5
-
.•
...
23/4
13%
*1'.,%
*23 Va
24%
24%
24%
20%
21
21
102
*99
102
•99
68%
68 y2
*68%
69%
71
*65
71
♦69
CLOSED
*74%
14'/,"
74%
74%
743/4
743/4
*74%
743/4
743/8
74%
25%
26
253/4
26»/,
26
26
26 Va
26 Vb
19%
20
19%
20 Vs
19%
19%
19%
50
50
49%
49'/2
*49%
513/4
8%
8%
8%
8%
"'"14
1
100
10
*97%
16
59
par
101'/,
40
'
1031/4
11%
1%
C
8%
99%
*97%
16'/,
IS3/,
16
60%
"
14%
14%
H
99%
15%,
*101
41
41 >/4
1031/4
1033/8
1033/s
103
103%
11%
ll3/.
*11 y4
113/4
1%
1%
1%
1%
6%
6%
11%,
1%
6%
7
7
22
>
*21%
7Vb
22
'
700
97
97
13%
♦13%
13%
♦33
35
12%
12%
35%. 36 •
12 %
363/a
♦1343/4
>
:
17
17
v
17 Vs
*123/8
r -
•
13
*
11%
•93%
17
5%
-
11%
99
17 y4
5%:
♦93%
17%
5%
11%
*i2y»
i23/4
i
f'36y*
36%
-,/*
16%
163/4
135
135 y2
*64
68-
12%
12%..
99
100
17%
-
5%
*1^4-
13
-
♦12 V,
•
173/4
113/4
-11%
993/4
99%
♦38%
•17%
17 Va
17
,
5%
*5%
5V2
98
99
99
99
99
97
10 Va
10%
10 V4
11
10%'
10%
10%
47%
47
47%
■
,
•
10 y2
.
5%
♦96
r io%
.
,4,300
4,100
100
136
68
2,000
38%
13
-
^
•
11%
100
•;
-
5%
46%
*
64%
44 y4
44%
44%
45
64
64%
64
*
64%
64
64%
64 Vb
64 Va
18 Va
18%
18 y4
18%
18%
18%'-.* 13%
183/,,
18%
18
2,700
90
r
8,900
1,200
46%
45%
90
2,800
•
99
10%
100
35,000
7
.
17%
63 y2
»
600
•
•
b
99
r99
38%
38 y»
11%
11%
11%
17%
f.
•
•134%
♦64
68
-
38'/♦
38%
383/4
135%
200
v
17
„
>
90
900
a
,
33
123/4
99
5%
'13%
36%
12%
36%
?
•64
11%
33
16%
38%
13
r
123/4
68
*12'/,
<13%
35
*33
36 V2>
135
38%
'
13 %
13%
^
17
36
*
134%
68
39
97 %
17
*123/4
*64
135
383/4
24% '25
♦96
•
135
*
•64
800
24%
34%
16%
900
1,000
96%
123/a
6,000
1%
7%
:
243A
;:: 35%
7%
-•
.
24%
97%
*33%
1%
7
:
*96
t
1%
21%
*24%
i.
113/4
1%
*7
400
300
11% ^
*11%
*11 Va
;
'*
21%
97
34%
3,800
40%
104
21%
24%
<v 13
100
102%
40%
*103%
104
*103
•20%
24%
:
60%
*101%
21 y8
24%
98
3,000
21%
r
12%
34%
10
900
15%
61
21 VB
20%
97
98%
21%
*20'/,
12%
98%
r
20%
20%
20%
&
500
11,200
-
.
*21% 'ti 22 Vb
i' *20'/,
*241/4
2,500
2,100
20%
513/4
•15%
403/4
40%
300
'
83/4
61 %
•101
102%
40%
100
4,100
i
>
,
8%
•:
V4
4,400
26
20%
102%
60%
61'/8
60%
1021/2
401/,
♦101
75
253/4
99%
J.5
"
•
14%"
•50
8%
*97%
15%
27%
-85%
19%
8%
15%
27%
•82%
51%
.51 '
*97%
40 3/4
IOV/a
*21%
r
59%
59 Vb
99%
85%
*82%
1,300
6%
"-?!'I4%
83,
..
130
71
83
141/4
273/4
27
v.
70%
6%
27%
27%
*82% : 85%
14 Va
14%
6%
6%
6%
14%
2,200
18%
♦65
63/a
28
>
400
>
102
18%
69%
>
6V4
6%
"
2,700
21%'
71
69 Va
♦65
271/4
V
420
:
-
6%
84
400
V /
243/4
*99
27%
*82
EXCHANGE
1,100
27%
♦20%
18%
18%
18%
18%
2,i66
23%
24%
21
700
-
109
109
24%
20%
1,700
10,900
5%*
21 Va
Va
IOO3/,
<
127
,,
23%
23%
;
27 Va O 27
1093/4
2%
5%
5%
5%
23%
•119
122
•119
18%
3,400
17
17
27%
2,800
14
6%
8%
Ot Northern Iron Ore Prep—Na par
Gt Northern Ry 6% pfd_._—Napar
Great Western Sugar com—No par
7% preferred
100
Green Bay ft Western RR
100
Green (H L) Co Inc
1
Greenfield Tap ft Die Corp—No par
Greyhound Corp (The)—
v
Common
__3
>
4y4% preferred
100
Grumman Aircraft Corp.—______1
Guantanamo Sugar common1
$5 conv preferred—
No par
Gulf Mobile ft Ohio RR com_No par
$5 preferred-^No par
Gulf Oil Oorp
—23
Gulf States Utilities Co — „ No oar-
23/4
13%
111
1,800
v.:
..
13
12%
133/s
23/4
27%
STOCK
50
5
16
27%
25
102
*65
16
27%
16%
18%
68%
par
10
20%
♦99
102
18%
71
par
__1
24%
25
20%
600
16
5%
23%
500
>■: *
♦13V4
122
•27
41,800
102
27
13%:
5%
109
110
105
*101%
17%
*119
5%
23
27%
*27
104
*67 V4
2.50
par
par
par
par
5%
22%
•
Shares
*1243/4, 125
102
13%:
13%
*16%
122
♦119
122
•65
100
,_100
24.
■■
1
' 7% July 13
July 11
14.' Jan 1
•>
* 99.>
56% Jun 13
Jun
13%
2%
No par
__5
100
v Grayson-Roblnson Stores com____l '
'
$2.25 conv pfdi
No par
Jan .13'
13. " 43% Jan
7:
3
"
18% Jan 10
8 b 144% Mar 3
3
66
Jun
3 19 >r 39
July 25 '
13%
2%
27
1243/4
16
27
13 VB
2%'
the Week
26%
>16
16
Salee fer
62
61%
62 Vb
I243/,
v
16
12%
Graham-Paige Motors
' Granby Consol M 8 ft P
: Grand Union Co (The)
,
Granite City Steel
' Grant (W T) Co common.
*
3% % preferred
13
10% Jan
t
Jutt
9-
r
.
~
ll%\Jun 22
,
25% July
.
Nov
■■■
Jan
Jun ^.16% Jan
Jun
;~98
Feb
For
32
13y4 May
-
Feb
44
-14
14
Jan
16
26%
Goodrich Co (BP) com
No
$5 preferred
No
Goodyear Tire ft Rub com—No
$5 preferred
No
Gotham Hosiery
No
3
5
7
Apr 23
>
July 13
Jan
7
J
Mav 31
98
July 25
16V4 Apr-: 9
' 36
Apr 11
3%
8%
22%
28 V2
25.
16 Va
Gen Railway Signal com
8$ preferred
Gen Realty k Utilities
Goodall-Sanford
Mar 24
104% Feb
16% Mar
11% Jun. 13 '
17% May
;
5% Mar
85
■»
40%
18% Nov
(
jun
July'
50%-May
>
4
H
15% May
Feb
16
Jun
40
',
'
'
20% Mar 5
93% Apr 26
-
14% Sep '
9% Mar
t
10
-
7
64
20
Jun
105%
Dec
2%
15
12
103
Feb 17
45% Jan 26
14
34
Jan
17% Jan
14
98% Jun
Oct
5
116
Jun 24
100
13
8% May 16
3
13
15%
Georgia-Pac Plywood & Lumb Co_l
7
21% Jan
7
53y2Mar25
14V8Jun29
101
5
Gen Steel Castings $6 pfd
General Telephone Corp
General Time Corp com
'
4V4 % preferred
76
Jan 31
26y2 May 13
17
17% Jun 17
48
July 6
Nov
6%
-
Dec
38% Mar
21V4Jun
May
55% July
7
17y4Jan
72>/2 July 11
—
28
Feb
48%
Jun
4
11
Jan
91
101
100%
share
150
'
•.
S per share
102
124%
102
2%
Gillette 8afety Razor com—No
85 conv preference—
No
Gimbel Brothers common
$4.50 preferred
No
Gleaner Harvester Corp
Glldden Co (The) com
No
4y2% conv preferred
Goebel Brewing Co
Gold & Stock Telegraph Co
79% Jun
124%
102
12%
33% Jan
Dec
124%
26%
14
24
124%
2%
Jun
5J/4Jun
—.
39% May
96% Jun
124%
12%
Gen Tire & Rubber Co com
preferred
8%% preferred
Jun
61%
26 V4
21% Jan
5
77% Apr 11
73
Mar 3
12y8Feb
7
July 19
70
60%
100%
1.
613/4
62
61%
\
Friday"
f July 29
July 28
900
•;
126
,
;;
Thursday
9 per
1,200
104%
'/■' i..
$ per share
r
600
:-
'
7
433/4-
'125%
*101%
.
4,200
'
104%
26%
9
15
13
67
May
82% May
Feb
3
i5'/2 Jun
Jun
|
90
—
27%
Dec
Jan
•
122
Jan 27
26Va Apr
4
22V2 Apr
4
102% Jan
4
18'/2 Jun 23
99% Apr
4
30
*
28
Mar 14
22% Jan
102%
Dec
72%
May 19
29% May
98% 'Apr
76
120
6% May
Feb
22%
Jan
43%
126%
$-per share v
100
19,800
43%,-X.
i>-
*6%
49%
*101%
•
500
V
-
98%
6%
*
*125%
-.1
100
T;
37%
v*96
: 98'
-
104%
60 y2
c»>
43 ■>
126
No par
10c
Gen Precision Equip Corp
Gen Public Service
Gen Public Utilities Corp
433/8
48%
,
LOW AND mGW •ALE PRICES;
?
Wednesday4
Tuesday
July 27
July 26
*
General Refractories
General Shoe Corp
6
24% Nov
128%
-
20y4Jan
15y4Jun 14
May
123
Jan
5% May
22V2
Preferred $3.75 series
No par
Gen Outdoor Advertising
No par
General Portland Cement Co
1
102
July 27
16y»Apr 28
6%
49
"124%
No par
37 v
6% /
'
60 Vo
10
85 preferred
125% Jan 17
18% May
4% May
'
Dec
120
Feb
22V2 Jun
Nov
;
98
.! 98
6%
49
'
37%
•>
42%,
43%
98
,,
6%
*101%
8 per share
$ per share
98
•
:37%
:
*48%
104%
General Motors Corp com
62% Feb ' 2
14
125^ Jun
Oct
93%
Nov
66
37% '37%
43%
'
140
13T
♦135-:
135
49
'
50% Mar
37 %
43%
3
,;,!v6%
126
*101%
: NEW YORK STOCK :'" '*
18%
125%
•125%
100
EXCHANGE
8 per share
'
■
37 Va
:
48%
100
conv preferred
Higluet
Leweet
y V
•
*
.
*i8y«
'
*
43% '
27%
18 Va
134
134
134
'
43%
' :;a
37%
"
43
{v»r
*
37
'
"
134
•♦133
72
*26%
6%
18 y4
6,000
: i
■7
*69y4
27 Va
70
♦26
18%
18%
18%
18%
13
1 134%
18
par
No'par
__I
27 y*
*26
*133
1
common—
preferred
3
70
r
iqo
General Instrument Corp
40
44
70
STOCKS;
Year 1948
r
Leweet
Highest
:
v
com.._lNo"paT
General Electric Co
II_No
General Foods Corp com—
No
83.50 preferred
"
ma
=
/
3
Apr
1
71%
6%
70
6%
7
6%
7
*70
•26 y4
50
98 Ya July 20
14
Jun 28
39y4 Jan
4ft
6%
6%
68 Va
••
100
13% Jan
4
x6y4 Jun
44% Jun
34
APr
139% Apr
1st
BaageferFrevleae
,
(
.
3un
128% Jun
108
Jun
Feb,
97
May
20
:
17
13% Dec
Feb
118%
Jun
96
Mar
'40%
Jun .28
17
129
Jan
preferred
conv 2nd preferred-.—
4ft
6%
63 %
Jan > 7 ; General Cable Corp.com—_Nobar
-
79Va Jan 20
31
Jan
7
14
4*
87% Nov
,
24V4 Jun
43
*
10
65% Apr 25
Jan
144
31% Mar '
•i
6 - Jun 13 :
July
Sep
/
>
16,300
8,400
•
18
THE COMMERCIAL &
(410)'
YORK
NEW
Range Since Jan. 1
Highest
Year 1948
$ per share
RECORD
$ per share
Par
v
Monday
July 23
EXCHANGE
t per share
t per share
HIGH SALE PRICES
AND
LOW
Saturday
STOCK
NEW YORK
Lowest
Highest
Lowest
STOCK
STOCKS
Bang* for Previous
Monday, August 1, ,1949
FINANCIAL CHRONICLE
July 25
Tuesday
July 26
$ per share
Thursday
t per share
Friday
Sale* for
July 28
July 29
the Week
S per share
Wednesday
July 27
f per share
I per share
.ft:
$ per share
Shares
H
Oct
31
Jan
4
Sep
16% Jun
7
81
Feb
15%
Nov
22 %
12%
Dec
16% May
12%
35%
12
Mar
89
107
Jun
Feb
27%
21%
150%
Jan
20%
Dec
59
8
79
4% Jan
Jan
61
Hamilton Watch Co com
No par
,
Mar 29
Jan
6
2
4%
6%
4
19
v
5% Jan
6%
Feb
11%
Jun
6% Jun 28
Feb
11%
Jun
5% Jun
9% Jan
Mar
26%
Jan
19% Feb
3
27% July
20% Jan
13
x20
20%
Oct
7
24
Hazel-Atlas
July 20
23% Feb
4
Jan 17
93% July 13
3
36
May
98% Jan
14
Hecht Co
Jan
91
Jun
84
29 %
Dec
42
Jan
30
95%
Jan
103
,
3%%
Mar 30
100% Mar
1
24%
Nov
23% Jan
4
Dec
35%
Oct
34% Jan
6
40% July 28
13 %
Dec
13% Jan
4
15
41%
Dec
22% May
57% Apr
40
Jun
1
122% Feb
15
Nov
120%
Dec
128%
Feb
Oct
25%
30%
■
Apr
*114
Mar
17
Nov
26% Mar
123% July
27%
17% Nov
Apr
46% Jan
18
127% Jan
27
32 % Apr
5
<
1
122
113% Jun
14
14% Jun
14
14
21% Jan
7
79% Jan
3
84% May
6
78
Oct
9
Dec
14%
*
8% May 20
Jan
10
,
21%
25%
Feb
ft 29%
Dec
30%
25
Dec
•,
29% NOV
30
Dec
11
Dec
Jun
24% Jan
16
29
20
,
,
34% Jan
-
Jan
Apr 29
100
Jun
1
108
Apr
30
99
13
9% Jun
46%
Jan
30
34%
Jan
28% Jan
6
94%
Jun
86% Jan
49
Oct
42% Jun
29
-6
Feb
,
38%
Jun
29% Feb
23
Jun
12% Jun
14
Jan
47
Jun
31% Jun
28
Dec
4% Jun
7
8% Jun
29
33% Jun
7
8% Sep
14% May
34%
Jan
12%
Dec
22%
Jun
9
Feb
Dec
19
Apr
8% Feb
28
5
May
2
Dec
12% Sep
Nov
14%
1% May 23
10% Jun
6
Jun
$ per thare
6'A
5,3uO
23 %
237/a
23%
23%
23%
2,000
23
*22%
23%
*23
23%
*23
231%
600
94%
*93
94Va
*93
94%
♦S3
94'%
36V2
3 51/2
*35
36%
99%
99%
*99%
35%
*99%
100
*40
41
*40
40%
*40
401/2
40%
14%
*13%
14%
*13%
141%
*13%
45%
44%
45
44%
123
45
45
44%
*126%
127
127
17%
17%
18
♦12%
*12%
13%
13%
13%
*13
13%
18
*83
84
9%
14V4
*13%
14%
141/4
20%
20%
21%
2IV2
21%
213/4
21%
101/2
10%
171/2
17 '/a
171/2
*171%
18
300
251/2
24%
243/4
*24%
25%
300
42%
41%
41%
41%
42
28
27%
27%
27%
27%
*27%
105%
105 »/a
*27%
*104%
105%
105 Va
♦105
*97%
98%
96 Va
97 Va
96
11
11%
11%
11%
$2.25
♦104%
98%
com—4—No par
♦10%
10%
preferred
i
50
Household Finance com
No par
conv
.Houston Light & Power—.—No par
r45
4
•
—
Stores
Corp
35%
36
36%
35%
15%
IS3/*
*15%
153/3
35%
Hupp
Corp
:•
44%
35 Va
35%
ft"
*15 %
15%
*35
36
1,100
2,000
73/3
1UJ
700
7.0./J
7%
7%
-10%
11
1,700
10%
10% ft 10%
39 Va
39%
39%
39Va
39V4
39%
2,300
1378
13%
13 %
'13%
12%
13%
21,400
10
10
*9%
9 5/a
*9%
10
*9%
10
1%
1%,
1%
1%
ft''
1%
12
-
1%
2,oU0
12
Thursday
July 28
$ per share
2,400
July 21)
f per share
f per share
July 20
t per share
300
1%
1%
12
12
July 21
Tuesday
$ per thare
1%
SALE PRICES
Wednesday
LOW AND HIGH
July 25
•
12V4
12
12
12
12
Monday
I perthare
35'/a
73/4
ft'7%
10 %
13%
July 23
Par
2,300
45
40%
10
Saturday
$ per share
"/.ft'':*
10%
13%
1%
EXCHANGE
34-%
92'/a
39%
12%
11%
STOCK
YORK
♦10 '
10
_1
NEW
7%
13%
No par
Hussman Refrigerator Co
7%
38% *39%
6.66%
35%
36
*35
35%
7
■•
■
11
♦10
—12.50
—
4,400
!"
'
preferred
—100
Ltd—No par
Inc
•
35% •ft 353/2
25%
15%
30
100
11%
!
35%
♦14%
7%
Hudson Bay Min & Sm
Hudson Motor Car
Jan
44%
15%
36%
Foods
44%
35%
7%
Hunt
443/4
35%
•35%
non-cum
44%
♦14%
.5
Howe Sound Co—
5%
44%
•ft,
97%
*91'%
92%
i
300
105%;
*33%
34
*91
25
t c
Hudson & Manhattan common__100
5
92 Va
5,700.
28
96%
34% 534%
34%
41 %|
*11 Va
,11%
*33
34
*91
41
96
—1
Houston Oil of Texas v
Howard
ft
'34%
92%
44%
45
-r
*33
34%
*91
92%
'105
34
34%
34%
34%
♦91
preferred
*32%
34
*32%
100
3%%
10%
•
-j
25
25
105 %
93%
600
10%
*10%
17%
ft 42 ft
No par
*10
1,600
*24%
*10%
28%
No par
100
500
22
42%
A
1,500
14»/4
41%
—
9%
13%
14%
-*♦27%
ser
2,200
84
*91/2
*13Va
14
5
pfd
70'
300
18
*83
13
12.50
2nd
17%
9%
13
10%
com
700
16%
18
13%
•
31%
*16%
4,4uU
10"
118%
18%
9%
128
31%
16%
18
Mining-.
*127
*1181/4
14
21
20%
9%
9%
9%
150
45
313/4
16%
84
*83
84
*83
9%
9%
18 Va
1,000
14
113%
*118
16%
*16
4OV2
45
128
*31%
31%
113%
16
,
84
♦83
118
16
16'.
17%
*126%
31%
•118%
31%
113
118
16
128
31%
31%
31%
lo0
231/4
401/2
*13%
45%
♦126%
28V4
14%
23%
28%
28%
28%
200
101
*99%
283/4
40%
28%
—30
23%
10U
*28
23%
*13%
—5
20
23%
100%
5
600
62
23
♦99%
-1
*61 %
23%
25
Highest
$ per share
*6 Va
•35%
'
t per share
61/4
25
Houdaille-Hershey
2% Jan
Lowest
6%
*17%
Range Since Jan. 1
Highest
100
6%
5
5
*93
STOCKS
Year 1948
7%
*10%
Bangs for Previous
Lowest
*71/2
10%
$4.25 preferred
14% Jan
,11% Jan
,14
7%
17%
$4.50
11% Mar
47% Jan
,
26
10%
50
7%
10%
3
8V« Jan
8
17%
May
37% May 17.
15% July 27
46% Jan 20
,
62
36%
4.—100
1,300
23%
*61%
*35%
STOCK
23
62
35%
CLOSED
145
*1431/2
23%
5
10
Mar 28
48% May
7
Dec
145
23 Va
*4%
35%
5
Co..
*143%
23 Va
1,100
94%
23%
.
22%
No par
—
20%
22%
23%
♦93
118
1
,
145
+5
95% Mar 14
20
Feb
14
8%
6%
—100
Hooker Electrochemical Co.
13
33% May 20
35% July 29
11
20%
Sep
6'/4
No par
Heyden Chemical Corp
3%% preferred ter A—
Hilton Hotels Corp
»Home&take
12% Mar 30
18% jun
Oct
,
*7%
6%
EXCHANGE
30
20%
20%
Holly Sugar Corp
5% conv preferred—
42%4qly <6-
3
X24
Nov
3%
7%
6%
No par
common
20y4
20%
74
5
*7%
•7%
10
200
1071/4
6%
8
25
*73%
*10o%
62
62
No par
74
107
Hollander (A) & Sons—
,
1
Jun
29% Dec
33
*61 %
^
*73
*106
5
_100
preferred—
Furnace
23 Va
25
5% preferred
Hershey Chocolate com
$4 conv preference
Holland
7
27% Apr
81
Mar
62
_
18
10% Jan
24% Mar 10
27
38
♦61%
»Hinde & Dauch Paper Co (new)—10 i'
Hires Co (Charles
—_1
22% Jan 21'
<
Deo
103
(
4
96
99
"
5
••
Oct
35%
>
♦143%
23
"4%
74
'
20%
,
145 ,rvi
23
5
100
Inc
*143%
21
*4%
5
Motors
Hewitt-Robins
2
May
8% Jun
Jun
ft 42% Feb
24% Nov
May
15
16% Jun
16% May
Feb
15
3
20
May
9%
15%
16
12% Jan
Jan
■»
July 12
11% Jun
Dec
non-cum
20%
22%
*106
107
12
107
*73
72%
72%
*106
1
15
Co common
Hercules Powder
21% Jan 26
14% Jun
Co.
preferred
Hercules
;
15
Jan
Jan
28% May
86 % Jun
12%
1%
4
v
*11%
1
3.65% preferred
<Helme (G W) common
29% July 21
34 %
22%
11%
2
common-
Heinz^HJ)
2,100
11%
*11%
100
1
Glass
1,500
131/4
12
11%
145
22%
common—
preferred
173/4
13%
11%
20%
*143%
10
17%
131/4
17%
13V4
13%
73%
20%
.100
—
Marx—.
Hayes Industries Inc..
Hayes Mfg Corp
7
Jan
78
&
Corp of America
4%%
8% Mar 14
6%
—;
Schaffner
Hat
14
67% Mar 21
5
preferred
Hart
17%
13%
107
♦106
(M A)
*34%
18
13 J/4
13%
12
♦72%
100
Co $4.25 pfd—No par
Harbison-Walk Refrac com—No par
13
Feb
24% Jan
preferred—1
conv
Hanna
35%
35%
13
♦34
ft
'
13%
♦11%
(W F)
*34
35%
18
17%
17%
13%
149
20
Jan
17%
35
*34
35
♦34%
-5
23% Jan
20
May 12
20% Jan
3
Jun
Dec
4%
Well
Printing Co
81
142
34% May
Dec
28
Cementing__5
Water
Oil
Hall
106% Feb
4
18% Jun
Jun
146% July
104% Apr
Hackensack
Halliburton
13
27
72% July 28
Jan
Feb
34% July 19
19% Jan
7
14% May 19
3
11% Jun
xl4% May
Dec
79
Xl01%
Jan
'«■.
Friday
Sales
for
the Week
Shares
I
30%
Apr
27% Mar
62%
Feb
95
Sep
24%
kr
Jan
26% Aug
35%
Jun
31% Jun
7
42% July
22% Feb
24
90
Jan
7
6%
95
..'Jun
29
96
Jan
4
Leased lines
"Jun
13
28% Jan 2i
25% Jan
4
31% May 14
; 54
July 29
20
51% Jun 28
12%
Jun
7% Jun
Nov
25%
Jun
21% Jan
7%
15%
Jan
Dec
56
Jun
150
Feb
76%
4
Jun
33 % Mar
Jun
55
Jun
160
155
Nov
30
-/10%
15
26
4
3
11% Jun
6%
Feb
Jan
12% Apr
86% Jan
1%
Dec
11%
Feb
103
8
Jan
3% May
16% May
1
May 31
Jun
14
11
8
•ft
<
*.
Mar
Mar
8%
8%
Nov
4%%
Interlake
7
Nov
17% Mar
22% Mar
29
Nov
137% Jan
4%
*.
18
13
Deo
'39%
preferred
Int'l Hydro-Electric Sys class A—25
Int'l Minerals & Chemical com—5
24
8
•
4% preferred
International Mining
Preferred.
7
International
Paper
Feb
9
61,
Feb
17
45
Jan
41
Jan
5
44
Jan
27
14
57% Jan
13
International Silver
16%
Jun
International
7% Jun
39% May
145
May
10
May
14
11% Apr
July 28
24
Jan
3
29
Feb
1
Jun
14
32
Jan
21
July 29
148
Feb
2
2% Jun
13
11% Jun
14
23 Va
81
Jan
48
44
Jan
24
95 % Jan
17
30% Jun
6
5% Jan
3
May
May
89%
Oct
^33%
Sep
42%
Jun
Feb
113T/a
Jun
99
101
Jun
6
20%
Feb
35
Oct
99
Dec
106
May
102
Feb
145
Jan
158
Jun
155
May 23
29% Jun 30
29% Mar
39%
Oct
21
83%
Feb
93 %
Apr
73
Jun
30%
Nov
43 %
Jun
31 Va Jun
Jun
15
14
8
Jun
30
40% Jan
7
110% Feb
36/
Jan
104% Apr„
160
23
7
86.
3
40% Mar 16
Jan,
12,500
136V2
*135V2
136V2
*135%
136 %
50%
501/4
505/a
50'/a
95%
96%
96%
*96%
No par
*95%
EXCHANGE
53%
56 %
56 %
No par
*5%
5%
5%
55
CLOSED
5%
*5%
55
57
.42%
53
58
*54
42%
43%
42%
44%
42%
43%
55
♦54
55'/4
55%
*54
45%
46 V
46%
42%
43%
33
*301/2
33
*30%
33
*30%
8%
9
8%
9
8%
9
8%
'
1
Foreign
share
ctfs
No par
International Utilities
Interstate
<
Dept
Corp..
Stores.
Intertype Corp
(F L)
26%
9
26%
26%
♦138
27%
ft,
142
26%
♦138
ftftftftft'
13
*12
13
*86
553/4
Johnson
....
100
common
12 Va
2nd preferred series A
100
&
Manufacturing
Co.—
___l
♦101 %
*55
553/4
102
*101%
'
38 Va
38%
106%
106%
333/4
333/4
1033/4
1033/4
170
♦155
ft,.
38%
-
*105
4 /
•
':
:•
ft: 'ft -•ft
1,600
33
8%
12,900
8%
8%
8%
900
*14%
14%
2,300
19%
19%
20
2,200
56%
*55"
102
38%
38%
*105
108 %
34%
34%
104 Va
170
13
*87
102
104%
v
♦155
lt/J
1,000
14%
4
87%
100
46%
'
19%
♦138
142
87»/a
No par
42%
14
28
♦86
preferred
740
-
91/4
ft;..'
27
♦12
No par
400
5
53%
57
20
28
/ft *4
com
200
.
14%
27
—1
4
8%
8%
15,500
98%
14V4.
27%
No par
4i/4
431/2
*31
33
50%~
*8 7/8
ft
27
i
42%
170
137
20
«
14%
20 ft
pfd—100
Chicago RR stamped
100
Jones & Laughlin Steel com—No par
5% preferred series A
.100
Joy
20
25%
Co
Johns Manville Corp com
3% % preferred
Johnson &
20%
9
11%
1
Jewel Tea Co Inc
3%%
14%
50c
preferred..
Jacobs
9%
14%
♦20
No par
Island Creek Coal common
$6
*8%
5
No par
53V4
*53
42%
43%
common
*5%
5%
54%
58
42%
42%
4%
14
28V4
♦30%
Joliet
28
27%
28
25
9
7
281/4
49%
Salt
preferred
Apr 26
33% Jan
2,100
135%
5%
100
77%
4%
49V4
96%
500
*41/4
135%
5%
2,800
•76 Va
50%
96%
350
6%
43/s
136%
STOCK
19,200
77%
136%
50
1,300
167%
25%
177
4%
4%
*95'/2
3,200
*76%
28%
97
10
77%
4%
49
700
1%
27
28 V4
.15
120
89
*26%
4%
Jersey Cent Pwr & Lt 4%
103
»
27
6
6%
•
27
28%
Jaeger Machine Co
July 20
6
26%
27 Va
18% Jan 24
56'
24%
176%
ftftft 4%
86Va Jun
7
6%
25%
176V4
.25
7%
14% July 14
21% May 17'
24
137
92% Jan
Jun
11
*76%
78
166%
167
24%
176%
25%
177
International Telep & Teleg—No par
Jan 27
11% Apr.; 4
18% Feb. 17
27
26V2
26%
9%
4%
International Shoe
38% Jun
26% May
35% Jun
6%
167
167
10%
28%
'
Jun
176V4
6%
*76
77%
25
25%
178
6%
26%
167
167
1%
*4%
——No par
71
34
176V2
10
1%
27%
Int'l Rys of Cent Amer com—No par
5% preferred
100
20
31% July 7
7% Jun 13
10%
10 Va
*1%
1
Cq. com
preferred
$4
•
8
89
—.4..*».100
8
7% Feb
131/2
90%
com—No par
Corp
Int'l Nickel of Canada
Mar 26
14
*89
10 Va
25%
9%
9%
*13%
10V4
6
77%
*9
9
*157V'4
158
14
1%
166
158
901/2
*1%
177%
♦26
100
:
89
•
1%
25%
6
14
*89
158
1%
165
176
9
9
89
1%
10%
10
25%
60%
*157'/4
13%
13%
90%
164
100
Jun
16%
64 '/2
3,800
158
*8%
9
♦1%
No par
*157%
13%
*89
No par
common
52% July 22
100%
'
7%
Machine
50
Dec
Feb
Harvester
Jun
Mar
1,800
64
60%
60 V2
60%
158
*8%
100
64
Dec
179%
Business
Feb
99
60%
♦157%
Rubber——No par
No par
Iron
Int'l
Int'l
■'
53% Jan
5
14
f
143
Jan
preferred
Intercontinental
July 26
7% Jan
'?
Rayon
Jan
35
43
64
400
13% Jan
135% July 7
41% Jun 13
65% July
42V4
64«/2
300
7
43
♦51/2
42%
64%
9V4
10
30
-
5%
42
13%
4% Jan
Nov
5%
421/4
*13%
31% Jan
Jan
*5
42
Inspiration Consol Copper..—.—20
14
52%
100
5%
5%
42%
; Insuranshares Ctfs Inc——
.1
Interchemical Corp common—.—5
26
39%
i
5%
900
25%
100
25% Jun
5% Jun
251/4
2,200
Oct
May
7%
25%
2,400
34%
14
7%
251/8
42%
*5
5%
41%
7%
8
25%
13%
24% Mar
107%
*5
8
*25
35
29
Deo
41%
I
25%
25%
25%
25%
8
8
'
158
81% Mar 11
Dec
*53%
8%
13%
17
5%
-
35
14
65
1,300
8%
53%
53%
5
13%
Jun
Jan
600
8
50
•7,600
35%
3% Feb
94
53%
54
13%
73% Jan
July
303/4
53%
35 Va
Jun
99
30%
53%
13%
May
139% July
64% Jun
30%
*533/3
13%
5 %
Feb
30%
53%
13%
3% Mar
Jan
30%
13%
24
86
30%
*53%
13%
5% Feb
42% Mar
22%
30%
13%
178.
135
22%
8
3
93
22%
30%
25
164% Jan
Dec
130
22%
30 Va
,
35
Jun
.
22
35%
174%
71
100
98
*21%
30%
No par
——
167% July 29
28% Jan
7
24
*94
22
35
1
Jun
98
22
35%
5
Jun
*94
35
22% Jun
9%
98
Inland Steel Co————No par
xl45% Jan
38%
*94
3
Dec
Feb
79»/2
98
*94
*78%
8
Jun
Nov
3,500
7,500
80
♦21%
A——1000
—:
34
25
*771/2
25
x34%
5%
4.70% preferred
33%
24%
79%
22%
Indianapolis Power & Light—No par
Industria Electrica De Mex, S A—
93% Apr 20
•'.2% Jan
8
9% Jun 29
23%
98,
Industrial
10
July 29
125% Feb
26% Dec
156
♦94
Illinois Terminal RR Co
7
160
Oct
4%i.__.*-4...——100
33%
251/4
79'%
79%
79%
33%
25
*78%
9% July 29
15% Jan 26
30
Dec
25%
18% Jan
3
23% May
Dec
33%
25%
Illinois Power Co. common.
Mar 30
765
21% May
8% May
33%
25%
Jan
67
11
Feb
33%
24%
Apr
41% Jan
7
Jan
15%
32%
25%
*77
ctfs-series
stock
33%
24%
pfd ser A—100
non-cum conv
RR
32%
—
——_1
Ingersoll-Rand common
No par
6% preferred
100
Jun
47%
13
Jan
8% Jan
43
4
34% Mar
86
Co
84
Feb
Nov
Power
20
common-100
Illinois Central RR Co
13
20%
Nov
Idaho
7
Jun
~9%
38%
7
35
73
July
97% May
37% July
30
May
58%
Jan
30% Jan
*34
•
ft
104
*155
142
4%
8%
28
*26V2
138 ft
4
29
*27i/4
27%
*261%
137
138
*33/4
4
28
700
27%
600
20
137
600»:
4
13
*12
13
*13%
*87
87%
*87
88'
54 Va
54
100
14
87%
55%
102
39
108 %
35
104 Va
170
54%
*101
38%
*105
*101
102
505
543/4
10
102
38 3/4
38%
38%
4,500
108 %
*106%
108 %
100
34%
300
*34r%
*34
35
104
104
*104
105
*155
170
*155
170
2434
25%
24%
25V4
25
253/a
24 34
75
75
75
75 Va
75%
76
75%
34%
32%
34
33
33%
32
■
76
900
31%
323/4
243/4
76
753/4
341/4
60
24%
24%
32
7,300
7.100
'-"'P \
K
11% Dec
X89
Nov
21
May
98
May
98%
Dec
101%
Dec
23%
Feb
48%
Oct
48% Mar
60 Va
»% Dec
18
Jun
8 Va Jun
94 % Jan
100% Feb
x34% Feb
52
Jan
30
20%
Feb
15%
Dec
For
footnotes
see
page
100
July 18
11
104
July 21
24
3
43% Apr
12
57
Kalamazoo Stove & Furniture
4%
cum
Kansas
preferred
.
com„No par
preferred
100
23
21% Jan
8
Kelsey Hayes Wheel
13
17 Va Jan
7
17 Va Jun
xl3 % Jun
4%
non-cum
Kayser
Class
100
City Southern
Kansas Power & Light
1
ftlO
Kansas City Power & Lt Co—
3.80% preferred
.100
Jun 23
14% July 22
14% Jan
7
10 Va Jun
24.
8
12
14% July 25
May
26% July
22% July
12% Jan
(Julius)
B
&
Co com_8.75
Co
conv
5
9%
9%
100
100
*103%
ft
105
8%
*99
*103%
9%
101
105
9
9
*99
101
*99
105
*103%
38%
39%
38%
39%
54%
54%
54V4
54%
14%
14%
14%
143/4
14%
12
12
12
12%
'12V4
39
*9
101
*54
9Va
*99
9%
1,400
101
10Q
103%
103%
*103%
1043/4
.10
39 Va
38%
38%
38%
383/4
2.800
54%
54
54
14 7/8
14%
14%
14 Va
14%
8,800
12%
12
12
12V4
12V4
3,400
*19%
19%
class A_1
19%
19%
*19%
19%
*19'/4
193/4
19%
19%
1
15%
15%
15%
15%
15%
16 Va
15%
16
*53
1
IS
300
54 7/8
16
900
*>
P<>O
Number 4825
Volume 170
Ran re for Previou
Year 1948
Lowest
$ per
42 %
40
Oct
NEW YORK STOCK
$ per share
Jun
56% Jan
6
12
\
Apr
39
Jun
20
46% Jan
7
12%
Dec
16%
Oct
11% Feb
25
13% Jan
7
19
Feb
24
May
17% Jun
15
92
Oct
104% July
14% Jun
90
Jun
14
10% Jun
14
75
Jan
62
37%
Oct
25% Jun
95% July
Jun
X90% Jun
9
x35% Feb
16
40% Nov
11%
63
51
Feb
Mar
29 %
Dec
89
Nov
32
Feb
LOW AND HIGH SALE PRICES
1
Wednesday
Tuesday
July 27
July 26
Monday
July 23
July 25
J
22% Jan 11
100
May
;
v"
y
*
*'
''
,
Kennecott Copper
4%
46%
47%
41%
41%
12
12%
12y8
No par
19%
19%
19%
93%
93%
19%
93%
100
47
58% July
48% Feb
49
43
Oct
14% July 26
1
Mar 18
67% July 22
31% Jan
7
20
98
Jan
26
Kinney (G R) Co common..'
$5 prior preferred
No
Koppers Co Inc common
40% July 28
59% July 27
14
4%
preferred
Kresge (S S) Co..
Kress (S H) & Co
*91
Jan
3
55
July 14
5
7
May 17
Laclede
*13%
14
14
*67%
69
28%
46%
41%
47%
41%
12
12
12 %
121%
700
19%
19%
*19%
19%
3,400
94
*92
94
92
*13%
*67%
59
54%
1,300
69
28%
92
40%
40%
58%
28%
28%
92
40%
59%
54%
59
11,300
14%
69
93
40%
54%
59
*54i/a
54%
54%
14%
*67%
28%
28%
*92
40
60
*59
*13%
*67%
92
39%
*92
69
14%
Shares,
Sper share
94
14%
*92
29
92
39%
No par
41%
19%
69
40
,92
No par
47
41
•12
141/4
*67%
28%
28%
10
10
Kroger Co (The)
4% Jan
1
par
100
"
1
46%
19%
41 %
41
tb« Week
share
share
46%
12
2nd Dreferred
conv
46%
41
Bales for
S per
12%
share
5
Friday
July 29
19
41%
$ per
share
No par
County Land Co
Keystone Steel & Wire Co
Kimberly-Clark Corp com
Thursday
July 28
.
$ per
46%
No par
Kern
5
t per share
Par
$ per
(411)
'
39%
45% Feb
40% Nov
Saturday
EXCHANGE
Highest
$ per shard
share
60%
Feb
CHRONICLE
STOCKS
Range Since Jan. 1
Lowest
Hifhest
$ per share
COMMERCIAL & FINANCIAL
THE
58%
54%
54%
20
300
28%
2,500
93
*92
401/a
30
40%
58%
800
6%
54%
4,100
54%
*58
6,400
800
L
4%
6% May
Feb
4%
Dec
12
Apr
3% Jun
10
Dec
17
24
Mar
17% Jan
4
9% Mar
14 % May
Oct
25% Aug
53% May
29% May
35
47
42
Mar
21%
Dec
90
Feb
99
14
Jan
7
14
37
Jun
Jan
90% Jan
4% Mar
' 6
98
May 24
11% Jan 10
13
40% Jan
24
19% Mar
3% Jun
13
5% Jan
7
27
3% Jun
27
4% July
26% July
Jan
Jun
3% Jun
~1%
8%
19
" Mar 21
1% Jun
3
Jan
8
24% Jan
Lambert
8% Jan
12
Jun
13
5%
Jan
10% May
4% Jun
15
V
41%
Feb
56
May
x41% Jun
15
;■
8%
Dec
12
May
8% Feb
21
16%
Feb
26%
Jun
20% Feb
25
11% May 16
x24% Mar 30
48
July 27
Dec
56%
Jun
44% Jan
4
i 53% Apr 18
Nov
10%
Apr
14
8% Mar 30
31% Mar
38%
Jan
6% Jun
34% Jun
72% Apr
13
8
Mar
82
157
Jan
91
Oct
33
Nov
174% Mar
47
8% Nov
70% May
15%
Dec
23%
14
Jun
15
41
x6% Jun
13
10 % Jan
Jan
68%
Dec
85
Jun
13%
Jan
24%
Lane-Wells
Lee
(James)
Jun
14%
Dec
20 Va May
Feb
68%
Nov
57%
Lerner
18
Feb
138
Nov
158
23
Nov
25
Dec
50
Feb
66% Jan 10
Link
14
23
May
9
17
Jan
7
14
78
Jan
27
5
Dec
24%
5
3
18% May 13
Loew's
8
67% Jan 21
Lone
6
23
Jan
20
3
23% May 16
Jan
28
160% July 14
23% Jan
4
19% Jan
Inc
..
EXCHANGE
par
*5
Lousville
20% Jun
14
25
95
Jan
14
98% May 4
15
Jun
13
21% Mar 30
11
July 22
TV*
*3%
3'/8
4
23%
23%
23%
52
52%
6Y8
37%
67/8
7
*3%
17/8
1%
16%
*16%
'
16%
5%
16%
*5
51/8
,47%
9 per share
I per share
500
.
...
1,400;
1%
16%
*97/8
400
«
23%
23%
52 y2
51%
400'J
3,200 i
97/8
600
233/4
1,100
51%
10
24
5%
47%
D'/B
23%
52%
•5
48
10
52%
83%
177%
177%
.No par
*37%
38%
5
8%
25
,.
;
•
38%
38%
20%
20%
20%?
14'/4
14
14%
69
*67
100
1
20%.
22%
10
.
23
22%
V
(Ky): No par
29%
29%
—.50
341/2
34%
34%
& Sons Incxomu.l
24%
24%
24%
25
*96%
-97
97
10
STOCKS
NEW YORK
29%
:
68
*66%
18%
-
29%
23
28%
17
.
1
c
9,400''*
18%
63%
18,000 (
2,100 ; :
20
29
3,700
100
162
,
900
29%
*28%
V
300
23
22 Va
*161
Saturday
X34
34
34
34
24%
25
X237/a
23'/a
23%
23%
*96%
98
♦961/a
98
*96%
98
17%
X171/4
17%
*i7ye
17%
*17%
17%
35
i
5,
LOW AND HIGH BALI PRIORS
i
Wednesday
Tuesday
Monday
July 23
35»/8
98
17%
17%
.
STOCK
EXCHANGE
Par
9 per share
.
900
14
*19%
163
.}
20%
68
18%
19%
22%
56
18%
18%
63
19%
,
,
4,200 e
1,800 *
4,100
63%
18%
♦160%
23
163
7%
18%
18%
63
v
:
100
200
40%
557/8
:
4,100
177
7%
1
)
'
>.100
1
Co......
29
20
29
:
34%
:
201/4
137/8
is y2
*160%
/
14
631/2
22
23
163
*160%
20%
191/a
*19%
;
557/8
20%
*67%
is y®
1
55%
.
68
63%
18%
7%
14
181/2
20
7%
83%
'
•
200
83%
*38
55'/8
20'%
♦67 y4
:
63
20
160%
160
100
18 %
62
<61%
...
18%
177/.
r
18%
17%
61
*20
68
*67%
18%
17%
.No par
A__No par
*55
20%
14
55%
141/4
177
40%
14
55%
55%
55%
20%
83%
177%
77/8
7%
8
8
8%'
83%
177%
39
1,400
4,000
37%
*36%
,
*37%
84
39
37
7
6'/a
71/8
7
*36%
.
178 »/2
*176%
177%
176
37%
> 83%
84
831/4
'83 '/a
100
com
7y8
7
37%
37%
July 25
July 26
Thursday
9 per
I per share
July 28
tper share
I per share
share
3,000
2,000-
k
10
Friday
July 29
t per share
„
800
Bales for
t per share
July 27
'
'
S per share
3,100
1,400
47%
48
237/ij
,
"
7
*37%
37%
Nashville
\
4»/e
.
*97/8
,
..
95%
*1%
•
47%
52%
52
7
Gas & Elec Co
-
*3%
19
52%
9%
23%
1
41/8
1%
5y»
'47%
9%
tNo par
Steel
•
16%
5%
46%
5
Corp
(M)
4
#3%
"•
9%
400
391/4
37/8
...
17
No par
'.'4%% pfd series A
Range Since Jan. 1
Highest'
Lowest
Highest
7%
•38%
3%
—
V
•
Lowensteln
Lukens
*94
7%
391/4
7y8
39'/4
1%
9%
.No par;
&
500
7%
38'/a
1%
No par
Cement Corp
Louisville
,
4%
*5
100
19
95%
*37/8
*16%
40 3/4
*94
7
1%
sy8
*39%
95%
38%
*3%
47
22%
19
4
16%
16%
CLOSED
45%
*94
*3%
1%
*44%
*22%
40%
7
4
*3%
1%
STOCK
300
45%
221/2
*18
38
5
-
29% July 22
41% Jan
Year 1948
■<•<;
*
.1
10%
,
*39%
7
3%
3%
1,200 <
*10%
10%
18%
'
37%
3%
21%
401/a
38
7%
7
37%
*3%
21%
401%
95%
*94
95%
*94
3'/a
22
*177/8
46 %
Lopg Bell Lumber (Md)
(P) Co common...,
<7% preferred
Range for Previous
Lowest
18%
50
Lorillgrd
31% May 31
Jan
42
22%
'
p
Co
Star
22%
22%
*18
10
3% %
conv
preferred
Lockheed Aircraft Corp
Jun
153
35% May
98% July
Nov
22 % Apr '
Belt
*44%
22 »/4
*40
Oil Co new
—^Nopar
Liquid Carbonic Corp com__.No par
15 V* Jun
Sep
17
i
45%
221/4
18
Lion
14
*441/2
*45
1
t
Lima-Hamilton
Jun
x60
Jun
•91
7
,
45%
10%
10%
41
No par
Corp
;
14% Jan
..
May
20
<8
pfd
Libbey Owens Ford Glass
Libby
McNeill
&
Libby
Life
Savers CorpLiggett ,& Myers Tobacco
r 7%
preferred
Lily Tu)ip Cup Corp
16% Feb
Nov
37
21%
■
Apr
♦10%
*40%
25
(The)
Stores
10%
*22%
100
preferred_.No
2nd
Corp
Lehn & Fink Products
65% Jun
.
30% July
Jun
22
177% July 22
1st
non-cum
10%
*10%
45%
.
50c
21%
*3%1
6%
6%
*3%
211/a
23 %
3
& Sons Co com
$3 non-cum
37/8
211/a
1
Additional com when Issued
Lehigh Valley Coal com.
y
3%
21%
*44Va
18
6%
6%
6%
6%
*3%
21%
4
5
3.85% cumulative preferred
Lehigh Coal & Navigation Co
Lehigh
Portland
Cement
Lehigh Valley RR
Lehman
6%
6%
21%
10 Va
—No par
1
50
Tire
&
6%
*3%
21%
No par
Co_
Rubber
Lees
13% Jun
52% Jun 17
,
19
Xl8
88% Jan
Feb
33
Jun
55 % Mar
37% July. 27
;
170
May
13%
14
(The)
Bryant common
4% % preferred
i
43%
Co
Lane
12
15
3
•
Light Co
4
Consolid 6% pfd—75 Pesos Mex
La
May 18
43
3
33% Jun
21
22% Jan
20
6% Jun
Dec
39
Jan
26% Jan
29
13% May
30% Mar
46
4
16% Jun
May
26% May
Dec
10
9% Jun
19% Jun
43
1
6
22% May 6
11% Jan 26
Gas
the Week
Shares
'
•
'
•
*
5
:
r.;
<
•;
x35% Dec
129
Oct
142
13% Dec
30% Mar
Feb
27%
131
Jun
,
39% May
94%
Dec
103%
Jun
10
Nov
15%
Feb
24% May
9% Feb
490
95% Jan
14% Mar
36% Jan
138
6
10% Jun
23
Dec
5
Jun
100% Apr
Jun
13
10%
Sep
13%
Jun
Dec
26
Jan
6% Feb
7
.
.20
Jan
10
19% Jan
500
14%
Jun
25~%
May
17% Jun
May
6% Jan
13
32
6%
Dec
15
Feb
22%
Dec
92%
8
Dec
17% Sep
29% May
103% Jun
9% Nov
11%
22%
Co Inc com
series A
Garden
Magma Copper —
Magna vox
Co
(The)
,
Mahoning Coal RR Co
Manati
Bros
12
7
10% Apr 29
hi July 15
8
Marathon
16% Mar 18
17% Jan 20
24
Marshall Field
95% Jan
5
7% Jun
14
May 14
Jan
103% Feb
12
7
14
Apr
12
(Glenn
10% Feb
11
13% Jan
7
Feb
69% July
39% Jun
13
57% Jan
7
Dec
27% May
11% Jun
13
19% Jan
7
Master
42
2
Mathieson
27% Feb
X165
45
Oct
176
Nov
Jan
170
Feb
34% July 12
.
15
176
Feb
July 19
7%
Electric
Chemical
38
Jun
1
43% July 29
May
Jun
89
Jan
4
95
No
$3.75 cum pfd 1947 series__No
$3.40 cum pfd
No
Maytag Co common
No
$3
preferred
No
33
Dec
25
Jan
:
30
,
5
112
Jan
19% Mar 22
25
Jan
10
McCall
30% Mar 23
33% Feb
17
90
97% Mar
McCrory Stores Corp com...
,3%% conv preferred
Jan
42%
110
Jan
Jan
4
Dec
r
4
3
Jan
Dec
23% May
96% Jun
80% Mar
19% Feb
Xl3
Jun
July 20
11
22% Mar 30
16
17% Mar 11
12% July 14
17% Jan
15
70% May 25
28% Jun 13
82
Jan
13
46% May
341
Jan
12
25
20% Jan
14
23% July 19 !
13% Jan
8
30
49
,
31%
Dec
20%
Dec
11%
Dec
19% May
7% Jun
47
,
55% May 14
36% July 25
100
Dec
34% Jun
12%
Jan
62% May
18% Jun
12% Jun
14
"
8% Nov
7
f
Jun
50%'May
■
.
3
7% Mar 21
Jan
22
15% July 25
;
"8% Jan 20
73/a
*7%
77/e
4,400
'
7'/a
is
(i3«
203%
11%
361/4
21%
:
1,400
73/a
5,200
430
17
23%
233/4
<233/4
233/4
99
*97%
99
30
8'/a
9
6,800
*9l'/2
163/4
,
8%
8Va
83%
•
-
17
3,200
11%
12
123/a
12%
12
12
1,000
46%
47
46 3/4
47
457/8
46%
113/4
113/4
13
13 y8
13%
13
131/B
1,400
2,300
363/4
3,500-
*175
37 :
363/4
42%
■
1
*12
•;
36%
*175
175
175
178
42%
423/4
:
37
36%
36 3/4
•
427/a
42%
42%
36 3%
363/4
178
♦175
42%
43
43%
95
*94%
96
*94
95%
*94
95%
*94
95%
par
94%
♦94
96
*94
96
*94
96
*94
♦83
84%
*83
84%
*83
84%
*83
8'/e
34
8
2,700/
20
80 ?
96
841/2!
*83
par
STOCK
par
EXCHANGE
8
8
21%
32
313/4
112
*110%
22
*21%
*32
112
22
21%
32%
33%
33
1
100
*313/4
*110%
112
8i/a
8
8
8
32
32%
*31
*110%
CLOSED
8
-~
*21%
*95
♦30%
31%
*30%
31%
*30%
31%
8
54%
54%
54'/4
54%
54%
54%
18
36%
No par
1
*99%
36%
*98%
36
20%
*13%
20%
20%
20%
13
13
13
13
13%
<13%
12%
12%
12%
12%
12%
76%
76%
76%
12%
common
'
97
35%
31%
*30%
X54
54%
•'
76%
32%
23%
23
23'/+
23%
23%
23%
7%
8%
/•■.r 8
8%
8%
8%
*8%
38
*8
•;
*8
8%
14%
•
39
*37%
39
14%.
15%
rz 15
:
*37%
39
8%
-
14% .-'14%
,
14%.
8
8
8
34
;>./
1,700 i
60 !
78
32
23%
23%
8%
•
8%
<*37%
14%
14%
8
800;
12%
32
38
*37%
*32
*.
1,500
13%
♦77
23%
8%
34
*32
100
21%
12%
76%
76%
32%
36
99%
13%
13%
12%
22%
...
36
99%
21
*75%
>'/ * 32 %
1,800;
1,700 \
*20%
100%
34
76%
pfd
700
31%
54%
2,400
35%
12%
'
300
,
32%
*95
36%
<*98%
21%
400
22
♦32%
54%
100%
21
1,100
112
32%
35%
*30%
36
35%
100%
20%
10
4%" 2nd pfd (1st
Melville Shoe Corp
36%
*99%
36%
101
*32%
22
35%
-
8
97
32%
33
35%
}
84%
35
•110%
22
97
*95
1
*95
\
•
112
22%
32%
33
*110%
,.
,
10?
178
95
par
,
46
*11%
12
178
42 'A
7%
11 %
46'/8
*175
hh
21%
7%
2,200
8,000
17
99
81/4
v
iff
J1
21
<
,
■
*
200 {
3,000
2,600
••
y
10
39
14%
$
1,500
8%
8%
500
33%
33%
5,200
•-
'
27
85%
Nov
95%
Jun
,00
Apr 28
34
Jan
96% Jun
3
105% May 25
17%
Feb
27% Jun
35%
Dec
44% Jun
104% May
106% Dec
92
Nov
101% Nov'
13
Feb
38% Feb
V
18
Jun
11
Nov
16
May
9% Mar
Nov
56%
Nov
98
98%
Oct
10% Mar
July 20
23% Jan 20
38% Jan
26
110% Feb
24
14% Jan
8
Metropolitan Edison 3.90%
4.35%; preferred: series
Miami
Copper
14
47% Jan
7
Mid-Continent
3
14% Jun
6
18% Jun
14
124% July 14
11
Feb
23
102
Mar 14
16% July 12
4
preferred
Mlnneap & St Louis Ry
12% Jan 25
12
15
12
Jan
10
53
July 29
May
78
May
105% Jun
104
66% Jun
Jan
94% May 10
10
77
Mar 11
4
106
May 12
footnotes
see page
13
14% Jan 15
15
80
16% Jun
For
10% Jun
67% Jun
18% July
16
19% July 11
24.
10
Midland Steel
3
7% Jun
7
pfd.100
—100
8
Middle South -Utilities Inc.—No par
Prod com new—.-__5
May
23
43 % Feb
Mar
Petroleum
139% Mar
Apr
87
50c
preferred t—.—___Nopar
$4 conv 2nd preferred.—No par
Merrltt-Chapman & Scott—No par
Mesta Machine Co—:—-——3
$3.50
14
July
14
12%
87
54% Mar
111
Merck & Co Inc common
37% Jun
,
140
7
8% Jun
97% Jan
•
Deb
20
106% Jan .*3
19% May
69% May
128
July 27
30% Jun
July 27
Feb 25
8%
1st
Minn St P
&
S3 Marie
_____100
No par
__No par
Minn-Honeywell Regul com
3
3.20% conv pfd series A
100
Minn Min & Mfg common—Nopar
$4 preferred
No par
Minneapolis-Moline Co common—1
$5.50 1st preferred
—
100
$1.50 2nd conv preferred——25
—
32%
33%
95%
96%
110%
110%.
/
33%
*95
*109%
33%
36%
111
-
33%
96%
<
'34
96%
111
111
-x
"
19%
19%
18%
18%
18
18%
32%
32%
32%
32%
32
33%
101%
*10%
41
15%
20
101 %
*101
101%
*101
110
*108%
110
*108%
*95
97
111
*18
18%
32
101
•108%
101%
110
110
140
'900
1,900
14,500
*108% 110
10%
10%
10%
♦10%
10%
600
41%
41%
41%
41%
41%
41%
15%
16
15%
15%
41%
15%
41%
15%
*41%
15%
2,100
19,300
20
<
*20%
*11
7%
7%
73%
32
*100% 101%
«
500
10%
11%
105
*17%
100%
,
10%
11%
52
97
10%
*125
♦93
18%
32%
*94
♦110% 111%
10%
125%
125
'
33%
111
32%
*108%
52
94%
73%
105
:
«,
200
7%
46
113/4
457/8
*ll3/4
8% '
*73/8
23%
*97«/2
,99
t
17'/4
23%
23%
8%
8%
8
203/4
7%
•
100
8
17
1%
7%
7%
15%
20%
126
11%
7%
52
52%
*93
94%
73
105
11%
11%
12
71%
71%
♦71%
*18%
19%
18%
73%
105
20%
20%
20%
16
20%
700
20
20
125
125
♦125
126
125
125
100
11
11
11
11
11
11
8
8
1,700
1,100
7%
52%
*93
73%
*105
8%
52%
94%
73%
105%
12
11%
11 %
72%
18%
72%
73
18 Va
18%
+
52%
*93
73%
*105
11%
*72
18%
52%
94%
73%
8%
52%
*93
*72%
8%
53
1,100
94%
73%
900
105%
160
11%
73%
11%
11%
4,400
71%
71%:
170
18%
*18%
18%
300
105%
*105
,
;
1,500
8
♦73/a
20%
23%
8
!
40
*163/4
7'A
*17
1,900
r
450
8
7%
*97%
77/8
>
8
7'A
"17
:*435
17
20%
17
v
73/4
2C/4
17%
*17
7'/a
77/e.
8
450
941/4
-No par
(1st series)
100
series)-^
50
1
Mengel Co (The) common
1
5% conv 1st preferred
50
Mercantile
Stores
Co
Inc3%
Merch & Mln Transp Co—-Nopar
4%%
2,000
*7%
Publishing—-No par
Norris Mfg Co
3,800
ll'/a
*16%
35%
Co
200
8%
11%
•
73/4
35%
Mines
993/4
8%
117/8
77/8
;
98
—
993%
83/4
*99%
8%
ll'/a
.
8
7%
Si
8
30%
17
17
73/4.
i«
r
*96
$4 preferred
McLellan-Stores
Mead. Corp
7%
'
hh
*75/a
*l3/n
8
17
17
73/4
r
♦34%
McKesson & Robbins Inc com
McQuay
77/8
5,900
*99%
•
♦415
35%
Porcupine
Mclntyre
•
103/4
30%
/
97
McGraw-Hill
Apr 21
7%
:
43^
35%
McGraw Electric Co
Feb
73/8
8
8 /.*.
30
10%
*
,30%
93/8
430
430
400
133%
*131
30%
11%
20%
*20
No par
36% Mar 30
3
Jun
73/4
•
8
*410
17
8%
113/4
93/4
ny8 *
100
34
*33%
'333/4
par
No par
Corp
34
92% May
24%
preference
cum
14
30% Jan
24%
1st
24
41% Jan
Jun
Feb
9
$6
24
98%
15% Dec
11
Mar 31
29% Jun
31
May
52% May
35% May
■
Jan
15
35% Jan
May 25
Jan
Dec
18%
r;
83% May 25
9% Jan
7
7% Jun 27
$3.75 preferred
36% May
101% Jun
23% Mar
29%
94% July 22
23
41%
Jan
87
11
Feb
43%
Nov
41
Jan
80
112
Feb
88
29
89
Jan
12% May
Apr
21
Jun
85
Dec
110
July 25
93
!
77% Aug
8% Dec
73/a
♦163/a
100
5
preferred
Dept Stores common
Apr
93
99%
99%
7%
7'/a
430
77/e
Corp—No par
47%
Feb
77/8
*400
1
84% Mar
84
99%
'11%
100
±—1
No par
No par
35% Mar
307/8
307/s
30%
97
Co
11%
307/e
X33%
133% 133%
103/4
11
133%
11
*99
"
23 y8
Martin-Parry Corp
Corp
*131
ll'/a
11%
97
Co
133%
U
*9%
22 3/4
Masonite
18
-
Jan
47%
L)
♦131
9%
No par
preferred
4%%
Martin
>
103/4
*10%
Xl0% .10%
333/4
'
Corp
& Co com
11
*33%
"99%
1*6
19% Apr 29
.
8
10
*103/4
34
11%
1
Oil Exploration...
Maracaibo
21% Jan
10
11
*33
9%
No par
5
<
*10%
/
991/2
10
1
50
—-1
Shirt
Manhattan
'V
30%
.
No pary
Co
Sugar
Mandel
Mar
u-
11%
30%
11
No par
100
.
Square
11
•4,33'/4"l
♦131 -i 133% J.
331
—6.25
Marine Midland Corp
5
Market St Ry 6% prior pfd—100
Apr
19%
Dec
July
3
12
5
pfd
4%%
*103/4.
5
10
100
...
(R H)
Macy
Madison
8% July 11
18
13
6% Feb
,
Jan
com
Inc.-
Trucks
Mack
8% Jan
14
Feb
6
22
24
18% Mar
6
Jan
Mar 25
15% Jun
10
Folbes
&
preferred
6%
'
Working Co._.
M & M Wood
MacAndrews
13
24
430
9
3
Apr 26
15% Jan
33% Jan
8% July 27
Apr
Dec
5%
10
21
6% Nov
7
6
30
525
Dec
15%
Jan
»'
9% Jun 14
27% Jun 22
Apr
xl6%
9% Jun
31% Apr
Jan
40
lvl«v
.
.
,
COMMERCIAL
THE
(412)
20
Bl|h«t
$ per
thare
73%
38% Jun
Jun
4
Feb
13 Ye
3 % Jun
6
13
15% Jun
14
9% July
Feb
34
July
44
Jan
25
Jun
15%
Jun
9
Jun
13
Feb
22%
Dec
45 Ye
Nov
09% Dec
9%
122
47% Mar
65
7%
Mojud
8
Carpet
Hosiery
Machine
Monarch
55% Mar 30
Monsanto
Oct
6
Moore-McCormack
Jan
7
Morrell
17% May
10% Jan
3
27
Jan
16% Jun
29
11%
Jan
21%
Dec
14
Jun
6
20% Jan 20
Motorola
25% Jan
7
19% Mar 30
Motor
Motor
Wheel
17% Jan
8
Mueller
7
Jan
29% May
16% Jun
6
19
Dec
23
May
15'A Jun
14
15%
Dec
24
Jun
11% Jun
1
13%
Nov
10
Dec
16%
14%
45
33% Feb
14% Jan
13
x9'A Jun
Oct
11
Jan
17
45
July 29
38% FeO
112% Mar 17
May 17
107%
Jan
Jun
109
12%
Sep
17
Jan
10
34
Dec
43
Jun
30% Mar 22
41
60
112
61
66%
Jan
14% Mar
21%
Jun
10% Jun
14
15% Jan
7
Feb
32%
Sep
22
13
28
Jan
21
20
8%
23% Apr
9% Apr
Brass
National
4
12% July 14
National Automotive
13% Apr
37
24
23%
23%
23 %
23%
*23
23%
*237»
237a
53
53
53
52%
52%
*106
112
*106
*109
Feb
32%
175%
170% Mar 15
Jun
4% Jun 13
Dec
Jun
10% Mar
82
7%
112
*107
112
*108
112
110%
110%
110%
110%
110%
*109
1U
*109
111
12%
11%
11%
11%
11%
11%
11%
113%
11%
No par
52%
53 %
52%
53%
53%
53%
53%
53%
52
53
11%
11%
11%
11%
11%
113%
n%
*17%
18%
♦17%
18%
18%
18%
*18%
185%
200
16%
16%
16%
19
16%
185%
16%
167a
167a
1,700
20%
20%
20%
20%
207a
20%
1,100
173/4
17
17%
17%
17%
173/8
173/8
173/4
13%
13%
13%
14
13%
13%
*133/8
13%
*13%
13%
700
1
10%
10%
10%
10%
10%
10%
10%
103/8
103%
10%
1,700
10
*93%
10
600
45
3,100
17
•110%
*7%
12%
12%
12%
12%
12%
12 %
12%
12%
127a
12%
36
36
36
333/4
34%
34
34
33 7%
347a
182%
182
182
33%
34%
182%
34%
182
182
182
*53/a
5%
5%
32%
32%
6%
5%
6%
5%
33%
7
5%
5%
323/4
5%
32%
5%
33
12%
*35%
7
5%
5%
/
5%
5%
34%
*33 7a
3474
'
67/8
7
5%
*5%
58%
53/4
5%
.33%
7;^:.
7
300
7,900
260
182%
182
7
1,000
1,900
6,300
12,700
•■<
*10%
10%
10%
103/s
10%
10%
900
31%
31%
31
31%
31
31%
5,500
16%
16%.
16%
16%
167a
167«
2,600
Distillers
No;par
18%
19
18%
163/8
19%
18%
19
18%
19
18 7%
19
13.60
1
7%
7%
8
7%
13%
14%
7%
13%
No par
92%
92'/a
*92%
10
31%
32
88
95
86% May 13
25% Apr 14
Jun
7
Feb
15
Oct
177
Jun
169% Jan
4
178% July 29
130
Nov
147%
Apr
135
4
148% Mar
Feb
Jun
Jan
7%
13
15
?
May
19% Jan
21
22
114%
Oct
73% Jun
13
ii
National
91% Jan
7
National
Steel
July
19 % May 16
86
94
Jan
x80 % Jun
15
Nov
4
Dec
9% Nov
80% May
16% May
12% Jan
21% Jan
10%
9
19%
24
Jan
29% July 20
Natl
13
12 % Apr
9% Jun
20
11% Apr
2
13% Mar 30
Natoraas
3
14% Mar 17
Neisner
9 % Jan /
May
12% Jun
10
xl01% Jan
12
Jan
May
103
93% Jan
May
Fibre
3%%
2
130
32%
323/8
32%
32%
32
32 7a
2,400
147
146%
147%
65/a
1467a
146 3%
110
65/e
6 3%
1,000
16%
*1674
6%
163/4
*16%
6%
is
21
203/4
203/4
78%
79
79
79%
79%
79%
1,800
tV
%
4,000
♦207a
21%
300
80
V*79%
He
'iV
16 3/4
%
♦20%
iV
*7974
80
♦235%
24 X
1,000
1674
16%
6,000
vy
24%
24%
24%
24%
23%
23%
23%
24
16%
16'%
17
17%
16%
17
16 %
16%
81
81
81%
813/g
81%
29%
29%
291/4
29%
29%
11
11%
813/8
29%
.
♦10%
11%
11%
11%
10%
10%
10%
♦10%
103/4
11
11
11
10%
13%
10%
13%
13%
13%
10%
10%
1
13%
100
81
29%
80%
*29%
*102
.
*102
103%
common_No par
*32
32%
*98
99%
150
29
700
Xl03%
103%
700
107a
♦105%
10%
1074
500
133%
133%
600
29
103/4
13%
*102
82
*81 Va
1
700
*102
103%
700
33%
98%
103%
34
34
*34
35
300
*98
99
30
Friday
July 29
Sales for
t per thare
99
99
$ per thare.
33%
99%
*98
July 28
33
*98
•
11
*13%
13%
103%
♦102
103%
33
100
10%
*10%
11
70
21%
16%
17%
%
21
♦10%
preferred
1787a
21
:V"
is
No par
common
1787s
6%
6%
16%
178
147
*146%
178
21
1
Co
177
177
178
No par
Inc
13%
927a
6%
16%
Co
Bros
137a
92%
*176%
6%
Corp
4% % preferred
Newberry Co (J J)
July 28
100
3
Netai
Jan 27
34
Mar 28
29
Jan
20
13%
92%
*146%
16%
Corp
Vulcanized
9% Jun
Jan
13%
92
178
No par
20
5,300
13%
93%
147
1
Corp
4,700
13%
*92%
177
No par
14,100
7%
7%
77a
93%
14
147
Cast-No par
Corp
5%
32%
65/a
ex-dist
,
8
10o
National Sugar Ref Co
No par
National Supply (The) Pa com
lo
4% % preferred
100
National Tea Co
10
24% July 25
77/a
10©
Steel
Shares
11
common
Lt
&
10
28
80% Nov
&
Power
Jan
15% Feb
21
Malleable
Natl
4
21% Feb
com
Service
Jan
Jan
Co
preferred A
preferred B
Nati
19% Jan 21
Jun
x% Jun
Prod
Gypsum
National Linen
6% July 27
5% Mar 10
14
Jan
Co.
Enameling & Stamping
6%
9
Co
Gas
$4.50 preferred
National Lead Co
33% Jan 21
162
Feb
12%
35
31%
Jan
98%
12%
35
10%
29%
88
12%
36
16%
National
104
*12%
*34
10%
16% Jan
Feb
12%
33%
—No Pat
12%
580
36
12%
_10
8
31%
14
*27% Mar
700
8%
16 %
*11% Jun
19
5,500
8%
10 %
Jun
12% Nov
1274
8%
32%
96% May
Nov
127s
8%
10%
20%
25 %
1,300
8%
16
Oct
25%
73/4
22
31%
Sep
Nov
800
774
25%
22
Dairy Products. —No Par
Department Stores..
85
Nov
22%
24%
22
Cylinder
15
16%
247a
13
26
22
National
National
20
133%
24 74
*215%
133/a
13%
25%
22%
National
Nat
81% Mar
54,300
13%
255/8
21%
13
127/a
26
National
11
Jan
14% Feb 25
25
100
32 % July 20
19% Mar 30
Nov
200
437a
21%
12%
25%
21%
*34
common
3,600
377a
♦417»
12
13
19%
Co
12 5/8
*36 5%
125/a
*24%
13%
12%
EXCHANGE
,«
1278
38
42%
10
7% Jun
1
42%
13
Dec
7%
*36%
97s Jun
14%
24%
38%
42%
12%
6%
Dec
Feb
12%
*36%
♦41%
12%
*41
42%
*41
5%
12%
Dec
12%
36%
12%
36%
1117a
Container
14
A
12%
37
443/4
*11074
112
City Lines Inc..
13
15%
112
♦110%
42%
12%
37
44%
44%
112
National
13% Feb
Dec
♦110%
112
44%
44 %
*110%
900
27% Feb
Jun
21
10
44%
*9%
10
*9%
*9%
44
44
1
10Q
44%
9%
S%
S
17%
National
8
17% Jun
87
20%
7% Mar 11
May
100
20%
2,100
9% Jan
22% May
T.
20'/a
1,500
14,100
13
17% Nov
5%
16%
20 %
300
,
13
16% July 27
Dec
11%
',.':T17aV 11%
*16%
Fibres Inc.
Can Corp
Cash Register—
National
*106
112
16%
preferred
National
3
2C0
6,800
54
12%
182 %
Biscuit
537s
53
Jun
5
Jan
14% Aug
24% Mar
National
52%
5% Jun
9% May
13%
Jan
35
6
30% Jun
4
35
May 18
182% July 25
7% M&r 29
3
30% Jan
Oct
0% May
48
Feb
9%
14 %
52%
9
National Aviation Corp
National Battery Co
Oct
\
900
*23
8%
14
6
/
200
10%
CLOSED
13
Deo
•
287a
107a
Co
Acme
13
Nov
r;
*2874
10%
STOCK
Jun
5%
i
18%
29
*10%
Corp
9% Jun
32%
,
18%
283/4
10%
18%
*29
1
28
162%
;
19
29%
10%
National Airlines
25
10,600
19%
5
10% Jun
Jan
18 3%
18
1,400
10%
Co
17% Mar
July
87a
33/4
2,200
33/4
29%
Nashville Chatt & St Louis
11
3
1,800
87a
33/4
3
46
Nov
Mar
26%
;•*.
14
Jan
5
437a
8%
No par
10% May
18% July
Feb
9%
29
■TV
17% Jun
4374
*8%
334
5
Corp
Corp
29
Jan
44%
4
18%
Inc
Sep
4%
44%
8%
4
T
*10
No par
No par
Co
Dec
18
/
Jun
44%
8%
4
*28%
Nash-Kelvinator
Dec
43%
8%
3%
10
8
Jan
43%
*8%
19%
Murray Corp of America com
10
4%
preferred
50
Myers (F E) & Bros
No par
37% July 12
1
July
6
13% Jan
14
Jun
43%
8%
3%
28%
Mfg Corp
Munslngwear inc
Murphy Co. (G C) common
4%%
preferred
7
9% May 31
Oct
May
43%
10
Mullins
20%
for
Shares
$ per thare
8%
Lines
&
(John)
■'•)'
18%
Co
Products
23
Sales
the Week
July 29
July 28
28%
com
Montgomery Ward & Co
13% Apr
Dec
Nov
Friday
Thursday
$ perthare
thare
No par
59% Mar 29
10
20
.
Co
pfd series B
Utilities
conv
I per
f per share
1.25
Montana-Dakota
12% July 22
13
47% Jun
May
$1
13
111% Jan
4
Jan
10
.,
No par
$3.25 conv pfd series A
lim Mar 29
14
103% Jun 16
;
July 27
.«
3%
43%
;v
.100
20
Tool
Chemical
g per thare
No par
com
July 26
6 per thare
10
5
series A
Mills
Co Inc
preferred
Mohawk
24% May 16
101% Jun
Apr
10%
11% Jan
RR
Mo-Kan-Texas
20
45% Jan.*4
May
112%
Dec
Jan
35
1
Corp
Development Co
21% Jan M
29% July
61% May
105% Mar
Mission
25% Mar 30
6
9
Mission
9% May
13
*33% Dec
6
5
Jan ^7
54% Jan
14
7% Jun
Par
J per thare
t perthare
t per share
Feb
,
Wednesday
Tuesday
July ;;5
■
July 23
EXCHANGE
Highest
Leweat
PRICES
LOW AND HIGH SALE
Monday
Saturday
STOCK
YORK
NEW
r
Range Slnee Jan. 1
Year 1948
42%
RECORD
STOCKS
Bu|< far Pwku -■
Monday, August 1, 1949
CHRONICLE
FINANCIAL
STOCK
YORK
NEW
Lewest
&
,
'V
Range for Prevfeu
KTOf'KR
Year 1948
Leweet
Highest
I per share
Nov
18%
99 7
94
64
42
Jan
8 % Jan
Aug
July
26% May
Feb
12%
Deo
9% Feb
13% Jan
25
90%
Jun
65
30
Oct
23% Jun
14
35
81
Nov
48%
Jun
Apr 12
33% Jan 12
Dee
18% July
24'A Jun
[ 9% Jun
14
12%
13
13% Jan
89
Feb
93
,
.
•;
200
Jan
27
V
269
"t
20% Feb
86
Feb
*
81
Jan
140
Feb
14
Feb
A
13
21
,Jun
Jun
191% Jan:-.4
19%
Oct
\
•I
Jan
88
Feb
26
-
-Aug
14% Mar
8
Jan
6
49% Jun
15
26
>
•
Mar
,
Aug
103% Oct
90
.109%
Jan
.
-8% Nov
,
,16
Nov
83% Jan
8% Dec
,
v
10% Mar
40%
N Y
7 '£
18% Deo
93% Jan
.36% Feb
34%
108
93
Feb
Mar
.95%
'177*
6% Deo
Jun
Jan
100
20
27
Jan
Jun
144% Nov
164
Jan
15% Nov
28
Dec
89
Dec
78% Jan
Feb
15% May
preferred
100
,—
Industries
i
2g
STOCK
x
:
:
<
Co
4
preferred
American
North
am.
■
Co
American
Central
Ry
Gas
Co
109% Mar 22
♦4.80
,11% July 22
19% July 25
36
Jan
4
4% Jan
11
-
EXCHANGE
-
CLOSED
I
'
33
Ohio
May 18
28
July 26
104% Mar 25
33% Jan
7
V
'
*24.
Jan
15
11% Jun
1
64% July
49% Jan
8
56
30
24
Co
So
en
common
32% Mar 30
158% Jun
2
16% Jan 24
4%%
.
•
-
.26%:
267a
8%
Oppenhelm
6%
79
Jan
28
Outlet
68% Jan
24
Owens-Illinois
Jan
7
Pacific
Amer
6
10% Jan
18
Pacific
Coast
7
71
Apr
4
16
40
Jan
17
1st
Mfg
Co
July
137a
Co
Fisheries
£58
'•
*230
-245
6%
25
-
X
1
TO
•
1,700
1,200
•
70
?
96
-
i
1774
*17%
-
'
'
•
25%
'
*95
25%
;96-
7
6%
6%i
>
9
900
>.*108
:
I
r
..
Inc
common
non-cum
-
'*34
>
2nd preferred non-cum
77a
-
.
i?
507a
*
263/4
-
Xl6%
974
33%
'13%
*-13W- a3%
!
t
i
33Ye
i : 13 Ye
16%
333%
*-
;
vi3%.
33%
:
28,400
12,500
4
4
240
333%
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;
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80
i
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50%
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20
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7
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<: 333/8- 6337a
t
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67
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83
297a
277/a
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1974
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57
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93
32
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i
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280
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103
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v
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92
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108
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273/4
25 7a
243/4
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V
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33%
92
•
1087a
<7 383/,
19 %
12%
—
927a
10%
<•
} 10
10%
92%
8
No par
7:
-2-7 i
i*78
10%.
?
3434fr
1%
10o
xO
'
'.*26%
:
9
A—100
No par
T'%
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79
*108
11V4'
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•
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=
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1374
-
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( A*77a
120
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94-
7.50%
337»
7
;
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27
19%
r*
:7%
783/4
•
Co
it
100
*52
•J:
5074
87a
107a
No par
preferred
600
-193/4.
:
24
.♦265/a.
20
92%
:
'507a
>'
10
A91%;.
.
X 237/s
ioo
Glass
800
117a
233/4
'
i
.1/
No par
preferred
&
1,000
*20 7a
17% ...17%
197a
24
<
.:
121:
193/4
6
•33 s/e
-
20
lo
common
Outboard Marine
7
14
preferred
Collins
Otis Elevator
33 %
No par
preferred
(The) common
Corp
'■
51
<
<
*7%'
77e
25
'
87/e
777a
13%-
'■
i
273/4
No par
pfd
common
convertible
187a-
27
.;
20%
-7-7-%'
.....
ioo
convertible
Omnibus
92%.
503/4
8
;
Oliver
7
923/4
18%
*
Oklahoma Gas & Elec 4%
Jan
;
f 7%
;
distributed"
7
99
g,SQ
,
7
Corp
:
17%
"=*24
v
t
5074
No par
4.40%.' preferred
Ohio Oil Co.
Jun
Jun
,
"when
3
11% Mar 29
A or
Edison
:96v.
95 % l
17%'
:
*11
245
i:: 25%
18%
<
.73/8
.25
<50%..
•
Rubber.
&
Pharmacal
Common
...
.
.
20
10
.
No par
Telegraph
Tire
253/4
923/4
<
".8%.
i
—No par
r
19% Mar
7
148
Co
31% Jan
3
13
INorwalk
Norwich
10
Jun
Northwestern
*129
58.
.
*230
■J/- 6% t'
95%
.95%
17
via.
V?...7.%..
v
t.v
1
Northwest Airlines Inc common—10
4.6%
preferred —
2S
12% Apr 23
8% Jun
28
preferred
preferred
6%v
.
i
16,800
.
69
130%
687a
:
300
-
23%
-
*52
~
245i -c
: 700
•,
11*
*21
17%
*943/4
92%
<
18%
SO
.
Ry
100
Northern States Pwr Co (Minn)—
Common
£
.No par
83.60
i
253/4
v
26
=
'
6%
•
'
i
lo
Aviation...
Northern
67a
2534
~
Chemical
0 North
m%,
.
1.80
Norfolk & Western. Ry com
Adjustment
ti
58
;
'245*
'
245
t
'.*52
v58
*
7.-V 63/4
6%.
.
237s
10
1
30
27%, '
97%
693/4
11
."11%
,
4,500
67%
27%
.
1303/4
*129
/
113%
'
Corp—
Electric Corp
Nopco
92% July 26
22% Jan
May
page
14
10% May 13
90% Jan
78
footnote*
* 3
7
11
15
43% May
Jun
6% Feb
Jan
For
15
:
79% July 13
19% Jun 13
Jun
80
14
91% July 26
Jan
21
"47%
Jun
6
23% May 31
17% Jan
8
86% July
Z109% July
12% Apr
37%
•
1% May 21
11% Mar 2
;
.v
Jan
83.75
Noblltt-8parks
.13074
•11
10
3,600
273%-
<
69 3/4
'
Pacific
27% July 26
99 % Jan < 3
Dec
A
Elec & Gas
273/4
10 v. 10
.*22
'
23
•
*52
♦230
1
*17%-
Northern
27% Jan
30
7
18
58
245
-
*943%
17% Jan
Jun
88
Feb
•230
pfd
100
Shipbldg Corp partlc stock
1
-Noma
-
20
20% July 19
.*52-.
50
"
Mar 24
11%
♦22
25%
13
Jun
48
10
.11% Jan
-85 !
Co
series
Natural
32
Apr
18%
*
18% Apr
33%
i
f
129%
11%
1074
<
*27%:
-70-
69%
129
129%
253/8
5%
»
2774
>
*
11,300
27%
*66
67 %
27%
.
-7
11%
66%
j
10%
:io
<
•
N Y Power & Light 3.90%
22
129%
*128
100
Preferred
Northern
>7% May
•
<14% Jun
697/a
6%
36% Mar 17
7 : Jun
13% Jun
27% May
f
10%
69
Co.100
14
Apr 29
107 % Feb 15
17% Mar
■>
'
RR
Jan
84
Dec
10
,
.
•
N Y New Haven Ac Hart RR
11% Jun
I Mar
10%
-
'
9
11 %
273/4
70
97/8-
preferred——No par
non-cum
27 %
2774
70
100
common
dfc Harlem
27%
*27%
27%
$5
N Y
26%
26%
273/4
Apr 23
9
11%
68 %
26%
113/4
Mar
11%
♦67 %
273/4
23%
9% Jan 21
33% Jan 21
11%
68%
♦67%
*26%
No par
;
11%
Dock
87s-
9%
11
23%
28%-Jan
14
h 8% Feb 28
-78
11
68%
No par
28
*
-27% Jun
52
No par
.14 V Jan * 3
,75% July 22
31?
997a
52
York
>;59%Jan 10
3
8'A Jun
997a
51%
preferred series A
City Omnibus Corp
21,) Jan
7
15% Jan
98
:
>16% Deo
Jun
13% May
Jun
86% Jun
■
Feb
Jan
99%
50%
New
92% July 19
8
21% Jun
*97%
50 %
N Y
19% Apr
4
16% May
6% Jun 16
17%
Jan
82% Mar
26%
86
<
36% Jan
62% Nov
•j
Dec
56
Jun
28%
18% Deo
28
a
Shares
87%
99 %
50 3/e
6
96
15% Feb 25
38% Jun
17% July
?
83/4
*97%
483/4
8
'
Deo
87a
99%
473/4
21
59 :
,
14
96
11
*67%
No par
N Y Chic & St Louis Co com.
100 *
6%
9%
*97%
Jan
250
10
5% Jun
Brake
;A>:9 T'
50
14% Jan
5
225
Air
Central
N Y State
20
the Week
9%
49
26% May
20
48:
,
York
York
I per share
99%
9%
New
21
13
$ per thare
*97%
New
7
6
Jun
Jun
89% July
Nov
14%
■
10
.Mar
14%
-
20% Jun
<
Jun
6% Mar
Jun
117% Jun
Jun
61
,
Apr
56
July
144
•
July
: 23% Apr
20 V Mar
%
Thursday
July 27
July 26
i per thare
f per thare
England Elec System
l
Jersey Pr & Lt Co 4% pfd—100
Mining Corp
10
Newport Industries common
1
4%% preferred
100
Newport News Ship & Dry Dock
1
72% Jan 27
94%
49% Jan
July 25
New
10
Nov
Feb
LOW AND HIGH SALE PRICES
Wednesday
Tuesday
Monday
July 23
Newmont
8
Feb
11% Mar
Saturday
New
99% July 29
59% Jan
14
70
121
'
Par
,10% May 17
3
Mar 21
Jun
20%
v
'*
-
EXCHANGE
6 per thare
I per share
00% Mar
38
■
NEW YORK STOCK
'
f per thare
8
Range Since Jan. 1
HifkMt
Lowest
-
-
100
v
Number 4825
Volume 170
THE
COMMERCIAL
NEW
Bail* far Previous
Range 81nee Jan. 1
Highest
"
t per share
t per share
15% Mar
21%
Jun
18
Feb
24
29%
36%
Jan
30% Jan
3
Nov
29%
f per share
50
55% July
44% July
Dec
NEW YORK
Leweet
Highest
47 Yt Mar
Jun
27% Jun
21
Dec
104%
Jun
89
Feb
147 •
Mar
135
Jan
5
2% Jun
Jan
6
34 Ye July 20
97 % July 29
1
146
39%
Nov
4
Dec
Apr
62% May
5% May
.
6*
8% Nov
29% Jun
13
43% Jan
10
3% Jun
13
4% Jan
5
Packard
10% Apr
5
Pan
16
Jan
3
Pan-American
11% May
21% Jun
13% Mar
8
Jan
3
12
Jun
10
Feb
66
Oct
49% Jan
5
59% Apr
14
92
Oct
100
May
95% Jun
23
102% Jan
27
8% Apr
16
6%
Feb
11%
Jun
5% Jun
13
18%
Dec
28
May
15% Jun
14
97
Jan
105
Jun
102% Feb
8
18%
Feb
26% May
18% Jun
14
19% Jun
6
Feb
34%
2
51"
Nov
8
3
30
Jun
23% Mar
2
26% Jan
37
Feb
15
7% Jan
1
14% Jan
Jan
42% Jan
3
Dec
15%
Jan
7% Jun
Feb
21%
Nov
Dec
34% May
17% Feb
23% Jun
6
10% Feb
Oct
Jun
16
111
18%
Dec
20% July
167/a Jun
29
20
16%
Dec
22 % May
48
Apr
14% Jun
13
32
13
35%
Dec
103
Feb
28
Dec
Apr
45% Jan
86%
Feb
99
106
9%
120
Nov
Dec
98%
9%
14%
44%
30%
Oct
17% Jun
Dec
Feb
20% Deo
11% Jan
Jan
5
Jan
Sep
Jan
115%
Jun
110% Apr
91
Jan
103% Jun
28
111
Sep
25% Mar
105
Apr
8
22% Jun
40% Jan;
97% Jun
93% Jan
3
88%
88
6
Nov
11'
Deo
13% Sep
10% Feb 10
87% Jan
92% Aug
87% May 11
51% Jun 14
90
Feb
64
Apr
11
Mar 30
Jan
10
Deo
77% Jun
14% May
;
Jan
101
July 22
'
91% Mar 30
8 per share
:
30
Dec
34%
Jan
Jun
13
98%
Apr
103%
Jan
100% Jan
5
Jun
113
Sep
100% Jun
22
110
%
10%
80%
26
Dec
15% Jun
138
Dec
Jan
3
Coal
preferred
July
156% Jun
28
Jun
28% Jun
13
Oct
11%
Dec
12%
Jan
5%
Nov
22%
Nov
62
% Feb
18
Feb
July
46% July
60% July 18
Jun
STOCK
>
9%
9%
9%
175
253/8
7 1
10%
21%
21%
21%
25
24
24
*22%
108
'
39
108
-
105%
—100
9
par
1
i
1053/4
♦102
11
<
11
;
42%
54
100%
100%
21%
21%
%
30%
24%
24%
49%
54
99%
21%
213/4
%
3*3
114%
<
993/4
213/4
:/ 29%
43 1
53%
24%
114%
103%
*102%
*107
108%
♦107
108
'24
24% 114% ■:?
1033/4 " ;
-
13%
13%
26
£
*83
"
13%
45%
84 :•••>•
46%
*100
V
102
46
:
21%
■
♦
108
113%
25%
'
v
*83
46%.:;
14
26%
100
*
463/a
v: 453/4
-
93
*91%
•91%
93
11%
*11%
11%
•11%
IV/2
;*n%
89%
*873/4
•873/4
89%
*873/4
"55%
55%
553/4
89%
55%
55%
56 %
10
*8%
•8%
10
No par
'
9
*8%
•:
10
V
;
;
Saturday
July 25
tper share
:vt
-
29
Sper share
28%
27%
27%
♦27%
27%
103
103
103
100
*90
105
*90
105
;
12
12
12
12
1
83
/
RR
*80%
1
B
83
•!
*80%
28%
28%
28%
13
13
13
*142
146
*142
165
*160/
;*80%
165
r
34%
34
fa-i-'T.
34%
7%
9%.
*62%
:
9%
150
•
9%
63%
7%
7%
9%
a
9%
*9%
•62%
42
35%
11
11
107/a
11
14
14
137/a
14% Jun
14
22;
85
Jan
14
90% Mar 17
38
;
Jan
3
43% May 18
23% Apr 13
30% May
25% Jun
Nov
53
J an
30 % Feb
25
Feb
42
May
108% Sep
24% Jun
14
107
B
*10
No par
Jan
6
25% Jun
17
Feb
2
Co—
Pressed Steel Car Co Inc
103/4
com
1
28% Feb 21
Apr 30
32% Apr
4
37
109
July 11
29% May
9
$4.75
Public
Co
of
Gas
(The)
5%
20
No par
No par
preferred
100
Purity Bakeries Corp
No par
conv
•
♦15 Vt
7% Feb
03% Feb
15
Jun
9% Jun 23
1,300
v
' -J
16
•"
1
210
90
-
300
•
'140» '•
*19%
(20%
'
11
•10%
11
♦10%
-
11
20
♦10%
413/4
36
11
11%
14%
*
41 Ya
36
•
1
>
300
14%
20% Jan 14
Quaker State Oil Refining Corp_JO
14% Jan
Radio Corp of America com—No par
$3.50 1st preferred
No par
11%
40%
41
*36
3,100
37
11%'
'
6Y4
6%
24
24
243A
243A
67%
66 3A
67%
67 V*
67%
16%
16%
163A
16%
16%
5%
•
86
39%
a-.
40
23
53/4
•
6% ;
85%*
403/a
23
•85 V*
700
1
11%
1,000
-
40 /
23'A
«
23 V*
28%
33%
*.
67%
16%
/
*85%
24 Ya
'
'
1
400
66i/a
-
40
67
t
3,200
16%
2,500
'
86 Ya
*85%
397/a. 397/a '' '
;
23%
23
■
6%
-
7,400
11,800
161/a
86%
*393/a
*24
!
23%
273A
63/a
24 Ya
667/a
16
-if 14%
14
6%
6%
*24%
'
86%
♦393/4
85 y2
39Ya
/
'
A;.'
23
•
'
-27%
27%
273A
28'/8
33
33'A
33
333/a
27%
28
273/4
'
.;
; 33%
:• :
277/a
277/a
333/a
*
28
33 Ya
28
333/a
90
1,600
23 V*
333A
"
7,600
7,500
9,900
•
•
,
-
,'v
•107%
109 5/a
♦1073/4
>; 263A
26%
*263A
28% *
109
28
.
*108
26 Ya
27% *
'.28 Va"
27
283/a
28%
;
109
*108
'•
273/4;
109
'
*108
'*
27%
*263A
I'/y
:
26 Ya
28%
■ <
v
—
-•
500
..
<>•
U
.12,400
fV 109 *"
: 26%
'
.
••
A.
'
^
;
'
K
■>'>■
15% Jun 15
1,300
145
-
r *130
140
*19%
.
35% May
7%
62%
.
17% Dee
10
7,200
9%
9
*140
,
10
34%
'*7%Y
♦15%' ;16
23
23
23
.V'Y-
com—No par
common..
-
85%
.•-t'
No par
Inc
Pure Oil
33%
62%
♦130
16'A
No par
Colorado
com
dlv preference
Pullman
'•
,.
'
155
vv
163
62% '■■•.63%
20%
67%
4 '■■ '.
9
com
preferred
cum
Service
Pub Serv El 6c
$1.40
Inc
14
5%
'
■„
No par
Industries
103A
14
lo
preferred series A—50
Procter 6c Gamble
Publlcker
700
;
^
'
'
20 % Jan
.
*161
'
145
'
Electric Power
conv
♦10
1,200
rl2%" 12%
*138
'
71%
14%
11
20%
28%
*70%
16
140
'
^1,400
.
83
283/a
71%
421/4
16
•130
,
20% ; :
♦80%
;
35 y4
153/4
140
*19%
*12% : 12%
-
•
20
105
71%
63
35
15%
♦130
20%
;f
500
104%
*
*90
/
Shares
28%
0
>
42
16
140
20%
*102
9%
•140
35
*15
*130
100
Balee fer
the Week
28%
V
34%
7%
7%
:'V 72
63%
163
34
155
72
■
Friday
13-
',
'/■; 145
*161%
41%
4%%
8,000
1
July 29
28%
*12%
*140
34%
•140
72
!
164
>
155
72
63
-a
28%
13
142
34%
7%
12
:
42
24
55%
10
S per share
;*80%' 83.'
1
142
34%
9%
*140
71%
: 12%
83
28%
164
7%
,
*28%
'
35
24
'
%"
11
54%
28%
■
12%
"41%
8% Jan
93
.'■'300
89%
*8%
104%
♦345/8
67% July 19
*91%
'■*
105;
12%
CLOSED
28 V Jan
"7,700
{
99
*873/4
$ per share
«
1
13
5,800
50
45%"«
'
*11%
-
-
*90
105
12%
;
28%
13
146
♦161
*90
Pond Creek Pocahontas
Mar 22
10
♦28
STOCK
4% Jun
.55%
*102
EXCHANGE
57% Feb 26
t
28%
9
21
'
•
*
11%;
104%
•102
9
Potomac
99
Thursday
July 28
$ per share
103
71
6
84-'
-1
-
$ per share
•140
14% Jan
3,500
26%"
45%
89%
'55%
*8%
LOW AND HIGH BALE PRICES
Tuesday
Wednesday
a
July 20
July 27
Monday
July 23
-
100
Co class
120
-J*
common
class
700
13%'
i
84
•
93
,*91%
;
Plough Inc
Plymouth Oil Co
12% Apr 21
101
-
*87%
-
13%
26%
46%
i
1
'
>1 *99 -
100
*11%
93 '
1
f
24
330
27,600
305,600
v 103%'
1073/4'
•107
•f
-
'i
114%-
J
*
v
1,000
5
32
24
*114
64
5,600
'
22%'"
'*102
1G3
84- ":
*91%
No par
preferred
Poor 6c
'
par
'
:
v
'
13%; '13%
t 26% - 26%
:
84
46%
102
24
114%
-
1
14
(
■>'.
3,700
1,400
-'
,
533/4
x\
'
„
.
101%'
22
-
.
f'-* 103%
*107
-
'
ft
114
43
42%
21%
&
24
-
Pitts ton Co (The)
87/a Jun
*100%
♦102
84
♦100
100%
-
;!
a!
48%
533/4
•107
253/4 ^
•83
48%
53%
103%
13% /
25%
26
.
•
293/4
43
100
800
-
29%
■
v
11
*10%
49%
•102
/:
-
423/4
■:P
200
.
*1033/4. 1043/4
30:
'
20,100
233/4-
53%'
.1100
1100
93/4
♦23
100
900
-
93/a
-
49
/
;
24
*8%
23
30
106%
9%
104%
10%
10%
•
42%
114':,-
:■
500
A
37
106 %
9%'
9,300
15,400
-
108%
♦36
9
23
;
11
483/4
,
:
9%
14%
39
108%
104%
100%'-
114
IO61/4
103%
54
32
*
1,200
17%:
♦373A
363/4
'
30%
%
33%
9
48% V
21%
14%
109%
9
30%
114
preferred class A
100
6%% 1st ser conv prior pfd—100
Pittsburgh 6c West Virginia
100
Apr
5
12% Mar 30
900
'4,600
,
109%-
173A
363/4
„
9%
431/4
?:•
*107
17%
106%
Pittsburgh Young 6c Ash pfd
39
9
25
15
*107%
107
30% "'V
100%
m
-11
WCV
109%
363/4
233/4
103%
*102'
-
STOCK
Pitts C C 6c St Louis
100
21%
38
'
*23
108
100
preferred
27
400
-
.
Pillsbury Mills Ino
$4
9
*24
173/4
100
No
7
14%
'
•
100
preferred
11"
♦481/4
No par
■
9%
:
: 103 %
53%
■
•106 i
*8%
9%
103%
42%
...
/
233/4
48%
-
♦36
'
"
•
39
•107%
-
9
9%
53%
par
107
*8
42
fr
*38
363/4
47%
25
.
preferred
109%
♦36
31%
r,
com
38%
30%
50
No par
common
15
♦23
11
Par
71% Jan
18
1,800
17%
21%
25
,
♦107
17%
143/4
23%
*102
108
173/4
15
105%
*22%
*107
108
17%
9%
No
♦6y2
9
*24
143/4
9%
5%
50% Apr
3,900
10%
♦163/4
21%
21%
25
♦107%
9%
preferred
7%
10% Apr 19
7
10%
63/4
9
22%
*
24
24
200
25%
*63/4
-
17%
,
*17
9%
21%
*24
I-/
17%
■>.'
*8%
-J,
.
37
100
No
*9
....
X63/4
38%
33 %c
Brewing Co
(Chas) 6c Co Inc
-
*107%
\
108
*35%
No par
Phillips Jones Corp com
5% preferred
Phillips Petroleum
Phoenix Hosiery—
Jan
21% Jan
'
25%
..
"
CLOSED !
*38%
May 18
88
1,500
5,700
*10%
7
1
Dec
July
7
13/4
29%
*25
17%
•17
9%
21%
EXCHANGE
15
Co common
7
7
4
32%
33
,
Feb
25
Feb
67/a
Apr
x25%
Feb
7
500
1%
29%
7
29
3
13
101%
8% Jan
15% Jan
i
39
1%
29%
7
10%
147
11% May
35% May
71% Jan
24%
26
67/a
10%
39
500
1%
253/a
♦25
1
16% May
14% July
Dec
Jan
35% Jan 21
:
••
7
10%
39
21
293/4
15
Jun
Jan
170
253/a
6Va
10%
♦20 y*
21
39
l7/a
30
14% Jun
8% Feb 24
46
*24%
7
♦20%
137% Jun
36 % Feb 11
32
Mar
3
20
x25
14 % Mar 14
1%
293/4
20%
2p%
40
1%
297/8
10%
20%
♦38
13/4
25%
6%
10%
103%,
21
29%
30
*247/a
20%
*20 Ye
40
40
1%
*102%
.
xl9%Jun 14
12% July
32%
Mar
Apr
7
65% Jun 21
70% May
28% May
94
Apr
39% July
81
135
82% May
26% Oct
161
42
17%
28
Jan
Dec
;
15,700
14%
144% Feb
142
96
Feb
10
20%
21%
17%
26
Apr
170
29%
103 >/2
20 Yt
^
Pittsburgh Forgings Co
1
Pitts Ft Wayne 6c Chic Ry com—100
7% gtd preferred
100
Pittsburgh Plate Glass Co
lo
Pittsburgh Screw 6c Bolt
No par
Pittsburgh Steel Co com
No par
Jan
Jan
*102%
203/4
*107%
Pitts Consolidation Coal Co
73% Feb
9% May
102%
103%
20%
*20%
50
2
14
33
102%
*102%
20%
20%
—100
—
7
13
Dec
103%
No par
Light Co
7
6% Jun
Feb
1,800
20%
7
-
Feb
7% Jun
Jan
6,600
17%
*102%
10
Co
Jan
Jan
15
Corp
85
Jun
26%
Coke
6c
16% Jan
10
145
6%
17%
4,800
32
39%
Dec
6ya
17%
49%
7
Jun
20
70%
6%
17%
49'A
15
79
Jun
Feb
140
6%
17%
49%
10Ya Jun
169
77/a Nov
10%
6%
17%
6
49 %
24% Jun 13
July
155
Feb
30
6y8
17%
*40
36% July
Dec
6%
17%
Pitts Coke 6c Chem Co com—No par
$5 convertible preferred
No par
93
Feb
157
11
60
6%
49%
EXCHANGE
4
22
100
1,600
100%
49
NEW YORK
32% Jan 24
105% Apr
100% Jun
♦99%
17%
20%
23%
Dec
Mar
12%
26
100%
49%
I per share
■
99%
483/4
Highest
I per share
;
6%
STOCKS
# per share
100
54
,
49%
3.60%
12% May 14
Leweet
*991/4
U.700
54
-
49
Range BInee Jan. 1
Highest
543/4
No par
Range fer Previous
Year 1948
ti'
17,500
9%
14%
1,200
-4%
.
Leweet
55
55
3%
9%
9%
17%
100
preferred
100
4.3% preferred—
100
Phlla 6c Reading Coal 6c Iron!
1
Fhllco Corp common
i
,
3
3%% preferred series A__—_100
Philip Morris 6c Co Ltd common
3
19
8% July 13
54%
Oct
.,
14
54%
100
3%
*133/4
3%
9%
14
33
$1 conv preference
11
•
3%
;
9%
700
32%
4.4%
46% July 22
Jan
82%
33/4
141/4
33%
33
3.8%
8
87
*32%
33
Rights
7
88% Feb
28
80% July 11
37% Jan
4
33
33
$6 preferred
Phlla Electrio Co
7
45% July
91 ? July
39% Dec
-
19% Jan
32%
33%;
32%
pfeiffer
103% July 15
109
Jun 21
11% Jun 28
1,000
17%
preferred
Petroleum Corp of America
114% July 23
21% Nov
Jan,
81
Jun
6
3
32%
4%%
July 29
7
♦99%
*2%
*6%
Pet Milk
May 17
Jan
100
99%
.4
50
3
31%
Pepsi-Cola Co
26 »/4 May 16
98
551/4
9%
260
2%
*17%
Peoria Ac Eastern Ry Co
;
100% July 14
33
543/4
3%
•
•14
1,800
.;
146
6%
'
24
54%
Pennsylvania Salt Mfg Co com—10
3%% conv series A pfd
_100
Peoples Drug Stores Inc—
5
Peoples Gas Light 6c Coke
—100
54% Mar 18
/'/
3%
33%
31
97%
♦144%
17%
5%
7
8
33%
31
96%
„
146
33
Pennsylvania- RR
31 Vi July 25
3
3
•
97
♦142%
17%
Pfizer
104
Jan
common
Phelps-Dodge Corp
Philadelphia Co 6* preferred
July 12
3
31%
31%
96
1441%
3
33
32%
953/4.
94
144%
*
5
5
19
jg
3
.
31%
f
,
,
93%
:*
No par
Enterprises
21
20% Jan
323/4
146
9%
2.50
53% Jan
23% Jun
Sep
Co
51% Jan
j, v
5,200
1,100
33/4
1%
7
25%
53
32 %
3%
29%
6
90% Mar 24
53
14%
1
prior preferred
Penn Power 6c
11
12
12% Jan
3
523%
9%
1
36% Jun
.<
.
Apr
Apr
523/4
32%
1
105% May 16
x48% Mar 30
Nov
14
241
52%/
*20
25
conv
Penn
7
5
19
52%
♦13%
1
40% Jun
59
22
103%
Apr
12
3
9% Jun 14
55
Dec
108
Mar 11
17
July
May
104% May
24% Jun
v
9
523/4
9%
Penn Gl»dS Sand Corp com—No par
May 16
8% Jan
102
20% May
64% July
Dec
36
323/4
14%
No par
Penn-Dixie Cement
38% July 20
110
Feb
7
3
32%
20%
Penney (J C) Co
May 18
7% May 31
•
21
Feb
40 %
Jan
96% Feb
May
104
Mar 28
29
Jan
Feb;
48%
93
104
Oct
20% May
24% Jan
7% Nov
22
Jun
Mar
32%
•20
No par
5%
3
17% Jan
Jan
32%
203/a
Penlck 6c Ford
23% May 14
28% Jan 21
5
Ac
323/4'
9%
100
Inc
Transportation
Mines
300
323/4
*13%
54 %
1
Peabody Coal Co
July 20
109%
112
Patlno
20%
32 3/4
144 %
33%
3%
Shares
20%
*93%
*
,
3
*33
No par
com
Rust Proof
Parmelee
49% July 20
14
15%
27
33
Inc
Cos
34
*2%
the Week
$ per share
52%
145
...
Bale* fw
32%
.
93%
92%
145
Friday
July 29
♦19%
9
convertible preferred
Parker
10
8
1
33
,
I
$ per share
20
2%
Transp
Parke Davis 6c Co
4
19% Jan
2
31
52%
No par
Corp
6c
Park Utah Consolidated Mines
18
Jun
*52%
10
Park 6c Tilford Inc
7
Jun
32%
1
When issued
22
Jun
27% Jan
Jun
4%
28
10
Car
Petrol
Paramount Pictures
July 19
x6
Jan
49%
2% Feb
9
6% Jun
9%
3
24% Jan
116
Deo
38%
7
24% Feb
Motor
Paraffine
21% July 7
42 % Mar 30
38"% July
1% Jun
10
May
16% Jun
Feb
27
104% Jan
32%
:$ per share
Sper share
20
Thursday
July 28
July 27
July 26
20
100
American Airways
21
PRICES
Wednesday
Tuesday
S per share
Panhandle East Pipe L com—No par
4% preferred
100
Panhandle Prod 6c Refining
1
7
30%
„
6% Mar
9
Jan
Jan
May
3% May
Dee
24%
"20
33%
Mar
23%
:
preferred—
Pacific Tin Consolidated Corp
Pacific Western Oil Corp
8
46
S per share
Pacific Telep 6c Teleg common—100
July 22
4% Jan
Monday
July 25
July 23
Pacific Finance Corp of Calif
lo
Pacific Gas & Electric
29
Pacific Lighting Corp
No par
Pacific Mills
No par
3
(413)
RECORD
Saturday
'
6%
CHRONICLE
LOW AND HIGH 0ALS
STOCK
Par
14
54
7
Nov
Apr
33% Feb
14
89
Dec
STOCK
EXCHANGE
.
I per share
6
130 *
3%
FINANCIAL
STOCKS
Year 1948
Lair «st
YORK
&
'
.AM'
/ a;
'
•17
18
•17
♦17
18
18
*17
.18
*17
,
'A
18
R
89
75% May
66 3A Jun
14
Oct
11% May
x7
15
NOV
6%
98 V2
Jun
92% Jan
Jun
7
74% Jan 22
9Yi Apr
4
97
July 12
Jan
Dec
Jun
23% Jun
14
29
22%
Feb
X36
July
213/a Jun
14
30% Feb
31
Jan
35
May
26% Jun
17
163/4
Feb
27% July
173/4 Jun
14
343/4 Feb
23% Jan
36%
Feb
45
Apr
36
13
43
Jan
4%
non-cum
31
Feb
39
Jun
28% Jun 29
36
Jan
4%
non-cum
10
Dec
15% May
10'A Jan
11%
Dec
18
3
Jun
14
13% Apr
23Y8 Jan
11% Jan
14
14
18
May
Jun
19
$2
8
Dec
14%
Dec
25Y4 May
8y4
Dec
13 Ya
52
Jan
May
Dec
66
8%
Dec
15% May
78%
D?c
99
Aug
10%
Dec
29%
Jan
63A
Feb
Aug
4% Jun 29
183A Jan
4
6% Jun
14
50% Mar 21
Apr
common
1st preferred
2nd preferred
16
Real
Reed Roller Bit CO
2
9% Jan 24
543/4 Feb
Co
25
July 26
8% Jan 27
22
Silk
Reeves
Hosiery Mills com
Bros
Inc
dlv
prior preference
Stores
Corp
18%
*39
40% v
*39
50
30
30
*29%
18%
70
8 A
8
;*26%
-
98%
27
X243A
30%
6% May 31
Reo
12% Jan
8
8% Jan
7
Republic Aviation Corp
3% Apr
6
Republic Pictures
5%
11% May
5% Jan
4
9% May
2
$1
*26
..
!:
24%
;
18%
70%
: 900
'8%
8%
12,200
*97 V*
98%
27
*26'A
26%
243/4
247/a
30%
30 %
'
18%
'
10%
♦69%
8%
98%
*97
.
103/a
70.
10%
30%
>
24%
30: ;
5
No par
40%
303/a
30%
*18ya
*18%
19
41
*39:,
30%
*29
30%
*11%
11%
*11%.
*18%
41".
30%
*11%
IP/4
*11%
11%
19
19
♦187/a
19
'♦18%
13%
13%
137/a
14
133/4
*11%
,
19
18%
18%
13%
13 %.
13%
'
113A
t
1
19*
137/a
13%
r
200
1,400
•;
800
41
*29
;
19
*39
183/a
*39
*29
/
18,100
24%
:
;
'
10
No par
*5%
*19
6%
20 3/4
51:%
Conv pfd 3%% series
Remington-Rand common
$4.50 preferred
3
*18%
50
*5iy8
3
24.
50
100
10 % July 29
6
page
30%
7%
2% Jan
see
25 V*
30%
7%
43/4 Jun
footnotes
26%*
25%
30
5
13% May
5% May
For
26%
25 Ya
*297/a
; 10%
70%
*97
98,%
*247/a
Reliance Mfg Co common
2ya Dec
Nov
*97
103/4
69%
8
4
$1.25
Reliable
83% Feb
3
*97
/
y-
500
200
113A
:
A
300
1,000
(Robt) 6c Co—
17
Jun
8%
1
50c
26
8 Vo Apr
73
693A
*7%
10%
10%
69%
: .7%
98%
25
preferred
Reading
Re is
17%
10%
69 %
73/4
10%
*257/a' 27
253/4
34Ya
103/4
69 %
Radio-Kelth-Orpheum Corp
1
Ralston Purina Co 3%% pfd
100
Raybestos-Manhattan
No par
Rayonier Inc common
4
Motors
25
9%
♦81
97/a
82%
73/a
51 %
97/a
*81
''
♦5%
6
'
100
5%
*5%
5%
*5%
203/4
*19%
203/4
*19%
20Y4
*19%
20%
73/a
7%
7%
*7%
7%
73/a
7Ya
51%
51%
51 Vk
51%
40
10 y«
10,800
513/4
10
83
*51%
97/a
•81
52
'
10
9%
*81
82%
6
10
82%
10
;
*81
600
82%
1
Inc
convertible
50c
5%
*19
8%
9
8Ya
87/a
8 3A
8Ya
*83/4
87/B
8%
1,800
1
5 %
5%
53/a
5%
55/a
53/4
5%
53/a
5%
5%
5,500
*27/a
3
2fYa
27/a
23A
23/4
2%
2Y4
1,800
*7%
73A
75/a
7%
7»/a
27/a
7%
2Y4
7%
7%
7%
7%
600
common
50c
preferred
...10
'
.
.
83A
22
$ per
share
Feb
share
33%
I per
22%
Oct
•'
103
15
Dec
Feb
May
5
99% Jan
5
Nov
29%
Apr
18% Jun 28
Mar
:
104%
Jan
99
5%
Dec
Dec
41%
43
Dec
80
Oct
Feb 25
103% Feb
3
14
6% Jan
6
34% Jan
103%
3
17%
42% Mar
1
47
July 13
93
July 18
Preferred
3.60%
107
Mar 25
Preferred
4.50%
series
19% Jan
38% May
Jun
28
Dec
13% Jun 13
24% Jan
15% Jun 21
Sep
Feb
12
19%
Feb
29% July
July
5% Jan
5
Roan Antelope Copper
10% Jan
7
Jun
28
25% Jan
Jun
15
13
13
18% Feb
4%
133/a
92
92
133%
94
8
3
12% Mar 12
Jan
16% Jan
3
Jun
109% Apr
24% July 29
113% Feb 16
19%
./;U:
19%
99%
*99%
*46
47 Va
♦93
93%
93%
1053/4
106%
17
*46
94
106%
17
17%
17
36
36%
16%
*16
16%
4%
4%
4%
47%
94%
♦17
17%
36%
■i
107%
21%
Dec
Sep
Feb
39%
113
61%
27
35% May 11 r
Jun
7% Jun
16% July
48% Jan
12% Jan
13
8%
Feb
32%
Feb
48% May
31
Jun
13
67
Jan
139% May
87
Jun
13
58
Jan
101;
Jun
78
Jun
8
Feb
79
Feb
13% May
;
>•
■.
26
Jan
25
91
Jan
19<
9% Jan
1
July
25
122
9>
6% Jun
77
91% May
42% Jan
3
4
——
4'/a
1,800
8%
<
-
1,900
87
8
7
May
5
Feb
15% Aug
9% Jun
14
12% Jan
7
25% Mar
35% May
22% Jun
14
30% Jan
12
8%
51
Nor
88
87% Nov
x96
Jan
104
July 12
46% Jan
Jan
90
83% Apr
.
6
Jun 17
xi03% July 13
78
Jun 29
May
95
39% Mar
58
July 29
13
91% Mar
8
97% July 29
94% Jun 30
5%
25
20
413/s
100
f
98%
preferred series A„
8%
8%
8%
8 3/8
22%
♦22
22
22
223/8
*22
23
400
*41%
42
1,300
*97%
98 3/8
42%
42%
42%
41%
*97%
98 3/a
*97%
9 8 3/a
•973/4
98%
12%
12%
17
17
17
17
17
16%
48
47
47
*46%
42
17
47
8%
22%
42%
12%
12%
47
1
.
8%
8%
41%
♦97%
12%
12%
12%
123/4
12%
12%
16%
163/4
3,100
17
900
—
"
;.
No par
*46%
9%
9%
9%
9%
5
10%
9%
:
*46%
47
9%
■
22%
22%
22%
23%
23%
23%
200
47
9%
2,600
24%
16,200
9%
9%
23%
111%
111%
111%
111%
111%
111%
111%
40%
41%
41%
41%
8%
8%
8%
STOCK
5
100
preferred
Lead
EXCHANGE
CLOSED
Co
10
St L-San F Ry Co com v t c—No par
Preferred series A 5% v t c—100
Joseph
♦34%
Scott Paper
8% a: 8%.
8,100
33%
34%
333/4
2,400
*91
98
*91
98
*92
98
*78%
83
*78%
83
*78%
83
79%-
*78
•
,••6%
6%
6%
6%
6%
*78'V,:
.79%
*78
10%
10%
10%
10%
10%
-
26%
26
55%
56
*94
27
26 3/s
•
94%
94%
94%
103%
103%
*103%
103%
*103%
*81%
82%
*81 %
82%
96%
*81 %
82%
96%
96%
95%
*941/8
104
97
97
13
■13
13%
12%
,'84%
*83%
85
85
85
15%
i 15 %
15%
13
26
26%
58
800
*94%
95
50
104
100
.
963/4
*81 %
82%
97%
82%
97%
310
12%
1,600
96%
127/a
3,700
15,000
♦103%
95
*81%
13
84
11%
57
104
104
8,700
79%
11%
■:
26%
57'
563/4
95
95
v'll.-;-.
6%
6%
*78
79%
10%
57
26%
55%
26%
*56%
25%
No par
:
83/4
83
*55%
preferred
No par
Scovill Mfg Co 3.65% pfd
100
4.30%
preferred.
—100
Scranton Elec Co (The) common—5
2,100
8%
98
'
$4
42 3/s
83/4
333/4
220
112
42
*78%
79
10%
24
111%
42
8%
34%
-34%
34%
23%
112
42
*93
v
6%
6%
*78
42%
42
9
No par
Co common
$3.40 preferred
83
•
34%
96
*78%
preferred
non-cum
34%
♦91
Co—-100
100
St Regis Paper Co common
5
1st pfd 4.40% series A
100
Savage Arms Corp.
5
Schenley Industries Inc
1.75
St Louis Southwestern Ry
5%
12%
12%
12
Dec
15%
Jun
12%
Jan
3
14
79
Oct
87
Apr
,83
Jan
5
86
13%
Feb
26% July
13 % Jun
28
44
Feb
62%
Jun
47% Jun
*50%
51%
*50%
Jun
16% Jan
4
19% Mar 18
Seaboard Finance Co—
1
18%
18%
T8%
18%
18%
Feb
20 %
♦18%
15%
18%
18%
36% Feb
7
47% May 5
8 % Apr 18
40% July 29
Seaboard Oil Co of Del
No par
42%
43%
43%
43%
43 %
433/4
Feb
59% May
43%
44%
*44-
35%
5
8%
8%
8%
8%
*7%
8%
*7%
8%
8
No par
39%
40%
39%
40%
40%
40%
40
40%
40
40%
22,700
11%
11%
11%
11%
11%
11%
113/8
113/s
11%
11%
*4%
S 5%
*4%
;/•■ 5%
3,200
700
I
31%
*43%
Feb
9%
Dec
5%
'
Dec
9% Dec
104
Feb
94
,
6% Jun
24% Jun
30
Feb
46%
Feb
-27%
Jun
68
Feb
79
*23
Oct
17%
Dec
12
Mar
46% Jun
28% Feb
4%
Oct
14
5
7% Jan
Dec
Jun
Bange for Previous
3%
May
36
Dec
25
34
Dec
44
15
Feb
y
22
Roebuck
Co
&
Servel Inc
I
10
14% Feb 10
39% Jan
21
6% July 26
8
No par
I
80
26
26
26
26
;
No par
25
25%
24%
25
Sharp & Dohme common
No par
$3.50 conv pref series A—No par
29%
29%
*79
80%
80%
preferred
Oil
Steel
Sharon
Shattuck
Gas
&
Corp.
(Frank
Sheaffer
(W A)
Sheraton
♦13
13%
34% "34%
15
5%
1
STOCK
I
tper share
May 31
Par,
m".
Simonds Saw & Steel
No par
♦31%
Sinclair Oil Corp
No par
20%
21% Jan
Sloss-Sheffleld Steel & Iron
25
Smith
Skelly Oil Co
Jan
27%
Dec
39%
Jun
22% July 29
31% Jan
24
80
Dec
90
Apr
88% Feb
3
91
Sep
98
July
83% May 21
95% Jan
3
15y8
Dec
26
Jun
14%
Feb
23
Jun
100% Mar 25
17% Jan
JunT7>:
8
,13%
13%
13%
34%
34%
:j
35
20
6 %
;
3% Jan
7
24
3
4% Apr 16
*
8% May
7% Jan 13
Oct
8%
5% Mar
17% Jan
100% Jan
14% Jun 14
97% July 7
May
5
Mar
1
53% Mar
3
5
46% Jun 13
39
.
Feb
Jun
45% Aug
60
Oct
40
52
11% Nov
;
16% Jan
11% Jun 14
14 % Apr
26
Aug
26% Feb
26
39% Jan
10
Jan
36% Jan
7
41% July 13
30% July
29% Jan
5
32% May
r 44
36% Mar
42%
Dec
36
25 % Mar
20%
Feb
43%
Feb
Feb
Feb
70
65%
Dec
Dec
59
Jun 27
10% Jun 20
4
Feb
20% May
7% Jun
'4
Dec
8% May
3% May 23
6% Jan
'
3.% July 19
63
Aug
73
Jan
68
Jan
24
22
Dec
29%
Jan
24
Feb
7
20%
Feb
7%
Dec
14
61% Mar
;:74
Feb
64 f: Jan
13% Jun
104
Nov
95
19%
Dec'
79%
Oct
17% Nov
Jan
V
•
13
82
"71% Apr 28
16% Apr
Feb
103% Jun 22
21% Jan
97%
Oct
Feb
121
73
53
3
3
89% May 12
28% Apr 18
121% May 11
136
24%
*31%
32%
30%
31%
400
20%
21%
20%
15,300
108%
20
20%
4
-
22%
85%
841/4
84%
*98%
99
97%
99
100
*13
13%
*13
13%
13
13
500
13%
V 13%
13%
.
South Carolina
15%
Oct
16% Jan
18
Feb
32% Mar
41% May
15% May
39% Jun
88
Feb
97
23%
Dec
36% May
12% Feb
16% May
Dec
18
15
Dec
20
11%
Jan
16% Mar
18% July
29% Jun
6% Nov
11% Jan
Jun
7
X27
Jun
15
43% May
36% Nov
38
11% Mar
9%
jun
■"
10
35% Jan
94
91%
Dec
113%
Jan
3
Jan
v
+
6
41
100
Jan
24
7
18
July 25
Jan
27
4
4%
8%
8%
8%
8%
8%
8
*46
57 Zi
.
♦41%
42
^
Edison—,—25
California
5%
48
*56%
57%
500
12%
12%
12%
12%
1,500
33%
33%
333%
333/4
*33
33%
700
42
*413/4
$4
$3.50
30%
30%
30%
37%
37%
38%
37%
29%
30%
30'A
303/4
48%
50%
28%
STOCK
49.
60
60
EXCHANGE
11%
♦11%
■-
CLOSED
■
.
■
•
4
*59
i
11%
4
3%
4%
a-.:
*4
$7
*68
72
23%
*22%
24%
24%
24%
8%
8%
8%
67. i
15
15
1
28%
28%
28%
15%
*102%
103%
19%
19%
19%
88%
88%
24%
25%
"*
,88
25%
29
preferred series A—.—100
Standard Steel Spring common—1
3%%
67%
!?.
4%
convertible
Stores
7
90
Jan
52% Feb
;
94% July 20
8
!
10
61
120
Apr
13
88
881/4
88%
.*873/4
8 8 3/3
*87%
26%
26%
27%
263/4
27%
..
1163/4
24%
*132%
1331/2
64
63%
64%
8,100
40
39%
40%
19,900
673/a
661/4
67
16,000
66%
*42
-'
42%
*42
15%
24%
5,800
100
100
16%
15%
16
17,100
42%
42
42
100
*98
100
100
-
16%
24
24%
24
100
16
3,100
♦28%
30
♦28
30
*28
30%
*28
30%
28
28
1
5
—100
15
5
10%
10%
•10
10%
*10%
103/a
*10%
103/a
10
10%
600
403/4
40%
40 3/4
407/s
403/4
40%
4,500
'
•
-
40%
*98
41
99
40%
*98
40%
♦98
99
99
*98
/
99
*98
99
100
4,200
11
2,100
Stokley-Van Camp Inc common—1
5% prior preference
20
12%
12%
12
12%
12%
12%
12%
12%
12%
12%
4,200
17
17
16%
16%
17
17%
*16%
17%
17%
171/2
No par
15%
16%
15%
15%
15%
15%
153/4
16%
16
16%
6,200
1
No par
21%
23
22%
23%
A 22%
23%
22%
22%
22%
223/4
53,900
35%
35%
35%
351/4
*35%
1
7%
7%
7%
7%
Sunbeam
—
—
Corp
Corp
Sun Chemical
Corp common.
$4.50 series A preferred
Sun Oil Co common
Class A 4%%
pfd
4%%
preferred
49% July 13
■:
133
..39%
29%
7
14
,
10%
19% Jan
36% Feb
*98%
16%
90
700
29%
13
24.
24
243/8
f
22,300
117%
11%
preferred
16% Jun
67%
-
29%
4%%
Jura
67%
100
•42
40%
.
117%
62%
62%
39%
27
:
132%
133
62
88%
26%
117%
117%
117%
131%
.
30
8,400
19%
11%
8
26%
193/4
29%
13
Dec
20
2,800
1,400
104
11%
11% Jan
18%
*102%
30%
17% Jan
6
29%
104
11%
8
July
153/a
291%
15%
15%
29%
*102%
10,900
510
29%
17
July
15%
.
11%
14
15
8%
8%
66% 167 v
?
83/4
671/4
291/4
3,600
25
243/4
24%
8%
500
11%
Jan
Jun
243/B
900
?
11%
Jun
21%
24
11%
Corp
9
15% May
Dec
72
♦23% ;
30
(J P)
117
Feb
*68
23%
29%
17% May 17
33% July .7
7% July 27
13
72
4%
•*3%
29%
Studebaker
10
4
29%
Stone & Webster
6% Feb
3%
67
15%
600
1,000
4
*3%
3%
-
58
& Co Inc
17% July 29
16% Feb
12%
No par
Inc
preferred-
4
•
*40%
*113/4
42
Sterling Drug Inc common
3%%
16
12%
*40%
preferred
Starrett Co (The) L S
Sterchl Bros
24%
*12
19%
131
♦98
60
20%
130
16%
15
1,300
10
*59
19%
116%
100
7,400
50
49%
50%
20
116%
24%
24
*98
30%
29%
30%
60
23%
291/4
103
15,100
*68
83/4
103
37%
4
•'
67%
15%
•
15% *
28%
103%
;
243/4
8%
5,900
6,500
37%
50
233/8
671/2
30%
33
32%
♦59
72
24%
•
8%
129%
129%
Indiana
4
31
303/4
30
■
4%
233/a
67
117
*115
,
24% "
<
3%
•68
23%
Inc com—No par
of
Oil
30%
51%
12%
32%
37%
60
4
4%
71
67
No par
No par
12
v;
4
»
23%
♦68
66%
—No par
51%
*59
11% i
4%
No par
—-
*
60
•
102%
preferred
preferred
prior
prior
29%
♦48%
100
i
42
323/8
32%
38%
Standard G & E Co $4 pref—No par
$6
*4l3/4
„
32%
30%
common—No par
preferred
42
32'A
36%
preferred
Standard Brands
*41%
42
32%
30%
& Sons common
12% Feb 25
*46
57%
12%
32%
5
Squibb (E R)
15% Jan
page
46
57%
*121/8
7.50
Squar- D Co
12% Apr 13
23% July 26
July
46
57%
12%
1—No par
Co
Mobile & Ohio stock tr,ctfs
100
.Spalding (AG) & Pros Inc.1
Sparks-Withington Co
No par
Spear & Co common
;
I
$5.5o preferred—
No par
Spencer Kellogg & Sons
1
Sperry Corp (The)
I
Spiegel Inc common
2
Conv $4.50 preferred
No par
3
see
46
57%
31
preferred!
non-cum
32%
32
200
46
*41%
preferred
13,300
33%
25
8%
200
3,200
Si/4
8%
57
*33
Southern
38,400
4%
48
.57
12%
34
9% Jan
July
-
*46
.
33%
Jan
120
8
8
48
*55%
12%
Jan
?7
15%
4%
,
;20
98 3/a
4
12%
Stewart-Warner
3
15%
98%
4%
Greyhound Lines
5
South Porto Rico Sugar com.No par
14% Jan
•,
153/a
983/4
98%
4%
Southeastern
9% Jun 17
9%
For footnotes
13
15%
*97%
15%
*97%
4%
'
Stevens
24% Jan
17%
34% Mar
Jan
38% Jan
15%
98%
15%
98%
.—50
50
5%
preferred
5%% conv preferred
30% July 27
98% May
70% Nov
43
44
July 12
28% Jun
50% Mar
15%
981/a
15%
4%
-
40
22 «/2
23%
15%
& G" Co com_4.50
E
23%
♦97%
Socony Vacuum Oil Co Inc
—.15
Solvay American Corp 4$ pfd—100
South Amer Gold & Platinum^
1
67%
Feb
1,700
*84%
99
24%
66%
11%
23
25
85%
*98%
66%
7
1,600
*84%
,
40%
7
22%
85%
61%
Mar 10
20
223/4
99.
39%
26% Jan '
20
223/4
26
61%
100
20%
223/4
♦98%
61%
'74% Jan
400
*20%
99
40%
'
700
101
*98%
-
.
40
13
*99
101%
preferred
100
Smith & Corona Typewriters-No par
4.20%
,■
61%
Jun
20%
211/B
20%
♦98
110%
20%
22"%
*20%
20%
1
21%
21
109%
109
25
Standard Oil of New Jersey
25
Standard Oil of Ohio common—10
96% May ;,9
Jun 14
12
1,600
1,700
24%
32%
Standard
60% Jun 13
Shares
23/4
24%
Standard Oil of California—No par
20
2%
2%
2'/4
3 *
24%
42% Mar 14
Jun
the Week
*2%
*313/4
May 11
67% Jan
8
97% jun
Sales for
24%
4
35
Friday
July 29
$ per share
32%
14
92% Jun
Thursday
July 28
$ per share
24%
13
Oct
Feb
4,600
5%
*31%
Jan
89
69%
6
34
4
6
24%
Jun
23% Nov
6
24%
55
*
3,800
2%
36% Jun
.Jun
.34%
35%
2%
109
Jun
36%
13
98% Jan
Oct
54% Jan
10
Jun
18% Jan
Jun
109%
6
29% July 29
17% Apr 25
91%
27% May
86
Feb
Apr
29% Jun
<
10% Mar 31
5
100
May
29% Mar 30
28
23% Feb
29% Jan
5
Jan
24 % Jan
6% Jun 13
May
May
"23% May
15%
73
22% Jun 13
30% Jun
21% Aug
.
5
»--■
200
23
Railway
9
13%
*84%
Southern
66% Feb
900
13%
*25
7
13% Jan
100
13%
*22%
26
61
7,100
9%
85%
Jan
41
30
82
9%
26%
Jan
14
13
29%
*79%
22%
Pacific
-
5,100
22%
10
1
Southern
May
241/4
*25%
2
Corp
preferred
Southern Natural Gas Co
49% Jan
25% Jun
Jan
73
12%
5
40
1,900
24
*84%
3%%
3
13
45% Jun
July
5
5,700
25%
100
O)
(A
Smith (A) & Sons Carpet Co com—20
7
3
32% Jun
50% Jun
58%
34
28% Jan
30% July
62% July
33%
.58% May
r
7%
9%
34%
$ per share
$ per share
*
104% Jun
,96
NOV
3% Nov
5
v
■f 80
253/4
-
29%
*13
July 27
July 26
21
19%
i
73/4
82
9%
Wednesday
Tuesday
108
108
15
-
29%
*79
82
700
PRICES
24%
32%
24%
24
14
30%
29%
*79
900
8
5
24%
6%
3
3
No par
127% Jan
Jun
24
6
$ per share
$ per share
Mines——.5
14
Jun
24%-
$ 9%
6
V6
July 25
36% Jan
Jan
26
9%
34%
Monday
Saturday
July 23
EXCHANGE
Silver King Coalition
Simmons Co
25%
LOW AND HIGH SALE
Corp of America
NEW YORK
26
1,700
44%-
*78
25%
400
18%
18%
80
40
1,200
50
*49%
7%
7%
15%
15%
50%
*78
•9%
*13
15%
-
87
*86
24%
30%
.80%
9%
9%
1
16% Jun 20
10%
r
*9
Co
Pen
19
97
29
No pat
G)
Shell Union Oil Corp
Bange Since Jan,l
Highest
4% Jan 12
27% Jan
7
:■/
.
8
*78
7%
7%
7%
'STOCKS
6
5
5
8
$4.50
Mar 11
15%
50
80
Shamrock
May 18
.51 %
15%
51
*78
5
37% Jan
7
30% July 26
83
15%
78
5
31% May
5%
♦4%
87
*86
,
51
78
common.
Jun
35%
Dec
23
Sears
OCt
Jun
25%
Feb
18
Jan
160
92% Feb
Seagrave Corp
Seiberling Rubber Co
7
101% Feb
29
July 1
18% Jun 14
32% Jun
—100
A
series
preferred
5
1
3
2% Jun
7% May
Dec
5%
Seeger Refrigerator Co
tper share
t per share
$ per share
*15%
Seaboard Air Line com v t c—No par
Lowest
Highest
.
100
preferred
■
*
Year 1948
Lowest
Jan 11
3.35%
11% Jan
13
15
Jan
/
7
3
?
22% Jan
4
77
Feb 10
8% Jun 13
11% Apr
8
30
Jun .13
15% Jan
Dec
9
:
7
11% May 19
6% Jan
7
Jun 13
77
Jan
36% Jun
24% Nov
Feb
55
10
33% Jun 13
9% Jun 14
4% Jun 14
Nov
12% July
8% May
14% Jun
Jan 20
18% Jan
5% Jan 27
8% Oct
Mar
5
,
Sunray Oil Corp common—
Sunshine
Biscuits
series A
series B
Inc
■
J
"
8%
22%
Safeway Stores common
St
1
'
S
16%
:•*
25,800
16%
>
.:
700
36%
-(
i
ii
100
*15%
4%
*4
'■
610
'
17%
37%
36%
1
1!
•\
i.—■
16%
.'17%
*16
4 Va
4
"
20
106% 106%
1061/4
!
S i
3,900
*46
:
94
106%
17%
36%
*16
16%
f
*
1,100
5%
38
37
*93
47
*93
106%
353/4
17%*
36%
35%
*16
47
/
\\
1,900
5%
5%
37%
*46
93%
y'
*5%
36%
1
5
14,300
100
*993/8
100
•99%
5%
367/a
47%
106%
*93
105%
193/8
!
4%
19%
/■}
'
5%
363/4
53%
37
*46
£
100
19%
i
10
92
4%
i
H
2,100
133/a
*91
■1 .'
.
100
98
133/a
4%
19%
"
"
5%
19%
*96
92
4%
;
19%
19%
99%
19%
4%
•' 4%
.
*91
92
*91
vv'
4%
36%
8%
Ruppert (Jacob)
8% Jan
4%
5%
*21%
preferred
conv
<
373/8
53/8
com—1
Royal Typewriter
Ruber old Co (The)—
3
-
4%
37
Ronson Art Metal Wks Inc new—.1
May 17
55% Jan
13%
13%
Mines
Rohm & Haas Co common
Jan
18%
8% Deo
13
Jun
39% Apr 23
May
72
3
98% May 17
10% Jun
Dec
4%%
42% July 26
16
96
133/a
*4
Robertshaw-Fulton Controls
96% Apr 21
54
Co
Corp
Rltter Company
23
21
27% May
Mar
Oil
Richfield
5
12
36
17
Rheem Manufacturing
13
Jan
21
7% Jun 13
X3% Jun
7% May
4%
6%
3
96
13%
*92
-—10
100
100
1
No par
No par
series
4
Jun
19%
97%
13%
1
10
Common
3
49
19%
♦95%
13%
100%
85 V* Jan
14,800
20
97%
*99%
102% Jan
19%
19%
*95 %
19%
Jan
A
193/4
19%
Jun
Shares
97%
20
!
Sales for
the Week
July 29
$ per share
19 Ve
4%
Reynolds Spring Co
Reynolds (R J J Tob class B
38% July 20
$ per share ;.
share
$ per share
*95%
2.50
94
Jan
$ per
$per share
com—No par
100
preferred
Rexall Drug Inc
50
Dec
15%
V
Par
103% Dec
24% May
•
Dec '
17
Jan
'
■
Reynolds Metals Co com
No par
5%% convertible preferred
100
26
4% Jun
11% May
33%
Jan
23
■
.
5%%
5% Apr 18:
4% July 23
.
Revere Copper & Brass
12
,
Dec
19 V*
92
31
15
Jan
16% Jan
110
'
,
;
July 28
9 per share
July 27
July 2d
Friday
Thursday
Wednesday
Tuesday
July 25
Republic Steel Corp com
No par
6% conv prior pfd series A—100
7
91% July
Oct
8
$ per share
,
27% Jan
13
Jun
10% Jun
21% May
102
f per share
91% Jun 13
111% July
Jan
82 %
.
17
SALE PRICES
LOW AND HIGH
Monday
July 23
EXCHANGE
Highest
Lowest
Highest
Monday, August 1, 1949
FINANCIAL CHRONICLE
Saturday
STOCK
NEW YORK
Bange Since Jan. 1
Year 1948
Lowest
&
STOCKS
Banc* far Previous
4%
COMMERCIAL
THE
(414)
No par
94
94
*94
94%
'
.
7%
94
36
7%
94
*35%
7%
94
36
*35%
36
*7%
73/4
*933/4
94
:
73/4
94
No par
55%
56%
54%
543/4
*54%
55%
*54%
55%
54%
54%
100
—1
25
25
*118 %
119%
*118%
119%
*118%
119%
*118%
119%
*118%
10%
10
10%
10
10 %
15%
15%
15%
15%
15%
*15%
*18%
400
3,500
50
119%
9%
500
12.50
15
18 %
18%
18%
18%
18%
18%
47
47%
*47%
48%
47%
48
10
47%
10
1,300
10%
9%
15%
*15 %
15%
18%
183/8
18%
1,200
48
48%
1,400
#
47% '
6,900
900
•
;
'
i
Volume
Number' 4825
170
THE
COMMERCIAL
NEW
Range for Previous
9
140
Range Since Jan. 1
Lowest
Highest
I per share
11% Mar
Mar
7% Mar 25
235
Jun
■
13%
Dec
19%
Jun
31
Dec
44 y2
Jun
16%
127
Jan
Jun
10% Apr
168
9% July 11'
8%
Nov
28%
Dec
36%
Jan
Dec
22
Jan
8y2 Jun
17%
Feb
26
Jun
17 y4 Jun
79
Dec
14
14% Jan
12 •
Jan
9% Mar
Swift
24% Jan
30
7
Mar
89
$4
7
preferred—.
9% Jun
6
4% Jan
13% Jun
14
17% Jan
Tennessee
52
67
48% Jun
13
55% May
17% Jan
Texas
15%
Nov
Jun
25 V2
14
May
■
com
Talcott Inc
10% Mar
Co
14
Jun
14
65% Mar 11
Texas Gulf Producing Co
Texas Gulf Sulphur
14
23% Jan
Texas
33% Feb
36
xl4%
Dec
5%
Dec
-14%
25 "A
Dec
46%
12%
Apr
Dec
13%
Apr
Apr
24
Jun
39%
)
10%
Feb
Feb
Textron
4% Jun
35
17
Mar
6% Jan.
2
1% Jun 20
14% Jun
Jan
34% Jun
84% Apr
1% Mar
19 y8
Feb
95%
45% Jan
90
Jan
,4%
Jan
2% May 23
Nov
23 y2 May 19
32 y2
Jun
104%
19% Jun
July
Mar
23% May
13 % Jun
40
Dec
55
37% Jun
10
Dec
13 y2
May
Jan
9%
Nov
Nov
23%
5%
Apr
19
13
19
4
11% Jun
Mar
13
lb% Feb
10% May
98% Feb
10
12% Mar
9"% Jun
13
17% July
25% Mar
19% Jan
3
24% May 16
Dec
36%
Jan
32% Jan
6
Jan
100%
Jun
98% Jan
13
8% May
4% Jan
3
36
July 18
101% May 31
7% Mar 14
Twin
Jun
20
29% Mar 14
5%
4% Jun
13
31%
92
4%
Dec
24
Jun
32%
Jan
Dec
5%
14 y4
Jan
24
7% Mar 30
103
Jun
15% Jan
13
6% Jan
$6
1,800
11
*10%
500
*3%
33/8
•3%
153/4
15%
16
2,900
55%
55
55 %
553/a
55%
55 %
55%
55
55%
8,100
-
14%
143/4
14%
14%
14
%
14%
14%
14%
63 %
17%
63%
63%
633A
64%
63%
64
17%
173/4
18%
17%
18
18
18%
403A
41
40%
40%
40
*38 %
300
14%
63%
17 %
40
39
39%
/
2,000
2,300
10,000
41
40
41%
*38
40
-
9
9%
9%
9%
9%
6,200
13%
13%
13%
14
14%
14%
*14%
14%
900
7%
5,500
*31
*12%
EXCHANGE
>/-■
5
39%
*37%
CLOSED
5
31%
*12%
131/4
5
39%
3%
3%
3%
17%
173/8
7%
*7%
39%
38%
39
90
893/4
*38%
8
39%
90-
90
3%
33/8
■
7%
31%
13%
5%
39%
"'3%
'
:>■: 7%
5
6%
31%
'
\'16% '•17%
3%
17%
*3
4%
6%
63%
♦38%
-
♦16%
W;
31
31
10
3%
7%
39
3%
1043/4
:"
32
22%
IO43/4
*30
*73/4
3%
223/8
105
1043/4
/
22%,
22%
104%
16%
*1043/4
22
104%
■
v.;,-
16%
16%
16%
42 N
42
41%
41%
41%
42
10%
103%
10%
; 103/4
10%
10%
5
14%
15
15%
153/„
No par
12%
15%
13%
-r-
,;13'.;,'•*.'
1
7%
12% \
7%
100%
1003/4
5
10%
11%:;
22%
22% ;
No par
*35%
No par
*99'
;
prior preferred.
Co
163/4
16%
163/4
40 3/4
41%
10%
10 3/4
103/4
2,600
15%
15%
15%
15%
13,600
*12%
13%
12%
12%
•«
7%
;r
73/8 v
101
X7%
101
7%
1,400
11%
11%
11%
11
V
22%
22
22
*35%
101
6%
27
♦35%
37
*99% •101
„
6%
6%
26
26
5%
5%
37
*99%
■
6%
5%
;
8,300
r
100
6%
6%
1,500
*26%
27%
170
5%
26%
5%
4,700
V;
37
101
*100
5%
7
26%
5'A
*35%
•
600
22,800
540
11%
22
37
:*■
-.
73/8
22%
27
5%
2,100
'
101%
101
11%
100
280
411/4
22%
6%
\
-
11%
100
273A
100
5,300
•'
105
103/4
'
101
101
1,600
22%
*1043/4
22%
*35%
7
5%
1
163A
41
510
'
33/4
22%
22%
105
2,600
V:
31%
11
36%
*27
.—50
'7% V
101
3%
22%
:*/'
100
*6%
par
*12%
7% •
'
1003/4
16%
.
12% r
•<
"vvr 7%.
com_No par
preferred
'
^ 14%
—No par
Corp common—
16%
91%
*303/4
32
200
39%
3%
*30
600
8%
39
*90
.
20
300
3
17%
*73A
8 "A
90%
1,900
39%
3
39i/4
40
•*»—.«+
5
17%
39
3%
13%
*38%
3%
17%
*90
32
')
31%
5
39
*3
90%
■
31%
*12%
5%
*17%
73/4
7
'
393%
39%
*90
3%
*30%
v
99
'"-21%
com.
100
\
8%
6%
*4%
2,700
40
8%
6%
•STOCK
*38
<«8%
133/4
6 3/4
40%
*38%
v
9
13%
—No par
__2
preferred
33/8
623/4
31%
5
conv
Coach
80
4%
15%
63/4
City Rap Transit com—No
conv
11
7,200
80%
4%
3%
No par
Century Fox Film
Twin
*10%
18
17%
*79
43/a
15%
*30%
—No par
$4.50 prior
7
10%
♦12%
Truax-Traer Coal Co.—
$1.50
103/b
13%
com—No par
preferred
■> 20th
10%
31
15
Bearing
Corp t
Tri-Continental
13
183/a
80%
4%
*12%
100
TransUe 8s Williams Steel
107% July
19 % Aug
6% Feb 11
Roller
Transamerica
Nov
18 %
*79
4%
*30%
Transcont'l 8s Western Air Inc
4
18 3A
80
4%
3%
»
5
s
preference
Timken
*
•"
15%
8%
No par
com—
preferred
;
Timken-Detroit' Axle.i
Feb
96
common
$3.75
15% July 27
18%
80
,,
No par
1
1
Tide Water Associated Oil
*
1,800
'
$3.50
9
9%
No par
preference
_
.
Jan 10
12
9%
3%
'-13%
No par
preferred
j
ThompsdnrStarrett Co
1
9%
15%
39
4 %
43% Mar 30
1
Jan
10 V Jan
22% Mar
15 %
10
105% Jun
3
*9%
3%
40
Thompson (J R)
Thompson Products
7
July 25
3% July 14'
33
July 13
25% Jan 21
14
102% May
17
9
15
9%
15%
k
$2.50 conv preferred
50
i Third Avenue Transit Corp-No par
Thomas Steel Co
(Tbe)_:
___1
6
2,300
14%
__50c
preferred
Co
201/4
3%
'
conv
29 Vs
4%
Trust—
common:
Fair
Thermoid
8
Jan
Mar
9
4
14
31%
$2.4o
293/8
17%
ctfs
cony
29 %
62 3/e
Pacific'Ry Co
Inc
500
29%
t
Thatcher Glass Mfg Co common
The
19
7 % Jan
20
7
7% July 27
59% May
95% Jun
share
&
$1.25
x39% July 18
•
19% Mar
Sub
8%
15%
'
7% July 28
31% May 21
13% Mar 16
Jan
85
Texas
7
4% Mar 21
47%
'
:
3
25'% Apr 19
12% Jun 23
Dec
Oct
Jan
11% Jan
Jail
Dec
7%
Apr 25
46
Jan
5%
6%
48
16
13
15% Jan 22
15% May
10% May
19
7
Jun
Jun
-
13 % July 12
34%
-
8
10
No par
—10
Pacific Coal 8s Oil
Texas Pacific Land
48% May
*7%
543/4
25
11 y4 Jun
65% May
20% May
24
May
18%
73/4
9%
80
*10
900
73/4
3%
16% Jun
Dec
18%
10%
2,900
31%
'
8%
293/a
9%
4%
*31
4,200
■
9%
93/4
8%
29
80
4%
32
Shares
145
10
*31%
32
*142
144
9%
the Week
9
S%
*140
10%
31%
J
8%
9
galea fc*
14%
56
7
■
144
10
*
18%
/>
Friday
July 29
$ per share
93/8
9%
*140
10%.
32
80%
4
*10%
71% July
Dec
9%
18%
(James).
25
10%
9%
*79
Corp
Corp
Feb
45%
28%
Telautograph
Nov
Feb
28%
___i
19
29
*73/4
No par
47
Oct
8%
28%
No par
,.
«
Symington Gould Corp
11% May
5% Jun
Nov
8%
9
144
31%
July 28
$ per share
9%
'10%
Ltd
Sylvania Elec Prod Inc
2
5% Jan
10%
32%
*32
.
International
9%
♦140
Thursday
$ per share
July 27
$per share
9%
25
Feb
23
PRICES
Wednesday
July 26
144
10%
__10
21
14
2% Jun
*140
HIGH BALK
Tuesday
9%
9%
1-50
12
19% May
Dec
$ per share
—25
32% Jan
14 % Mar
3%
$ per share
_10c
14'
3% Jun
Monday
July 25
Sweets Co of America (The)..4.16%
Swift & Co
I
—25
77 % July 13
Aug
7% May
July 23
14
(415)
RECORD
Saturday
Superior Steel 'Corp.:
Sutherland Paper Co
7
9% Apr 26
7V4 Feb 25
91
,
CHRONICLE
LOW AND
STOCK
Sunshine Mining Co
■_
Superior Oil of California
11
Jan
36
17
27% Jun
8%
YORK
Par
-
4% Mar
STOCK
EXCHANGE
t per share
15
30% Jun
V NEW
.
Highest
t per share
Dec
YORK
FINANCIAL
STOCKS
Year 1948
Lowest
S per share'
&
51/8'
1,500
;
U
9%
Dec
12
Jan
8i/s Jun
14
10% Mar 17
Udylite Corp
Dec
59%
Jun
39% Jun
17
46
Underwood
9% Mar
16%
Jun
10 3A Feb
8
39% May
43% Nov"
19% Jun
17
333/4 Juii
13
39
27%
371/b
4
Feb
Nov
103
Oct
110
Jun
107
Jan
Feb
98
Jun
94
Jan
13
80
Nov
90
Jan
86% Jan
7
21%
8%
8%
43%
43%
433/4
12
12
12
12
No par
223/4
23
223/4
22%
Carbon.—No par
38%
39
38%
39
Un El Co of Mo pfd $4.50 ser—No par
110%
111
*lll3/4
Asbestos
7
Union
Bag & Paper Corp
7
Union
Carbide
Apr
4
94
Jan
13
Preferred
$3.70
series
No par
*94
98
July 29
Preferred
$3.50
series
No par
*92%
93%
25
293/4
Feb
38% July
25% Jun
13
96% July
513/4 July
73% Jun
14
31% Apr
5
89% Jan 21
Sep
48
Apr
16
513A Feb
15
3PA
Jan
41%
31
Mar 28
363A Jan
5
Union
Oil
Union
California
of
Lowest
Union Tank Car Co
22%
Deo
Range Since Jan. 1
Highest
Sjler
Lowest
30% May
Nov
1103A
Jun
104% Jun
Nov
19%
Apr
10 % Jun
13
57%
Nov
90% Mar
61% Jan
3
19
Jan
231/4
Oct"*1
19% Feb
103
Jun
109
75
,
4% Jun 28
73/8 Jan
12
United
38% Jan
18
United
Jan
27%
Feb
38%
Dec
293A Jun
July
5% July
29% Jan
3
2% Jun
13
36
13
$4 50
333A Mar 17
Carbon
United-Carr
1,300
35
35
35%
343/4
343/4
34%
343/4
34
34
1,000
39% Jan
20
United
Engineering & FdUndry.—5
Feb
58% May
x44% Jun
18% Dec
23
11%
21% May
Dec
May
18% Feb
19
Feb
89
Feb
32% May
101
Jun
24
21% Apr
93/4 Mar 23
19% Jun
16 3/4
17% July 25
V
13
Jun
20
183/4 Feb
11
94
Mar
16
23% Apr 18
23 5/s May 16
7
100
Feb
12"% Jun
28
173/4 Jan
Certificates
1133/4
Jun
x89% Jun
13
104% Jan
20
166%
Nov
179
Jun
175
Jan
10
183% May 12
8
Dec
6% Jun
6
54%
Dec
24% May
17% May
*76
Jun
8% Jan
43
May 25
17% Apr 28
19%
Dec
423%
Jan
4%
Dec
8%
Jan
3% Jun
13
17.%
Dec
36
Jan
15% Jun
13
11%
Sep
21%
Jan
113% Jan
3
73A
Dec
57
39%
Feb
49
Jan
22%
Dec
86
Dec
37%
Dec
9SA May
53% July
( 58
July
7% Jan
38
13
12
94
82
49% May
Apr
U
Jan
8% Apr
U S
U
14
59% Feb
;;
8
88% Feb
29
4
253A Mar
1
Jun
13
43
Jan
26
112% Jun
13
133
Jan
•
37%
Nov
58%
Jun
36 % Jun
28
63%
Dec
72
Apr
33
46% Apr 18
643A Jan
13
72
20% Jun
13
24% May 14
1293/4 Jun
8
140% Jan
26
Feb
19%
Jan
18 % Jan
4
21% May 19
Nov
42% May
6% May
383A Jan
3
433/4 Feb
4% Feb
24
8 s/8
Dec
12% May
Dec
98%
2%
Dec
Jun
61/4
Jun
8% Jun
80
Apr
i6
14
5% Apr 28
10% Mar 30
29
85% Jan
7
Jan
8
23A Jun 29
22
Dec
34
Jan
21
Feb
8
16
Feb
20
Jun
12% Jun
14
4
4
25
Mar 29
17% Jan
7
Mar
10%
Jun
33A Feb
25
7% July 28
19
Feb
23%
Jun
193/4 Jan
17
23% July 11
150
Feb
170
42
Dec
May
15% May
Dec
7%
70
May
14%
Feb
273%
9%
Dec
21%
Feb
15% May
26% May
For
footnotes
sea
Oct
page
Co
conv
Co
Rubber
S
8%
U 8
S
common
No par
No par
preferred
213/B
213/s
21%
21%
2,000
12%
14,800
*193/4
21%
21%
*20
21%
*19%
21
233/a
23%
**96%
'
97
177
177
-
*7%
43 V
:%
'
89.
*85
90
40%
223/4
23
133%
182
*180
182
*45
21%
2iy2
156
Mar
5
Feb
10
43% Jan
3
Jun
28
7
17
8% July 26
20 Ye Jun
14
170
Jun
14
10% May 18
56
July 29
25% Apr 25
11% May 13
24
Jan
27
U S Tobacco Co
1%
21%
4
3%
18
v
4%
United Wall Paper Inc common
4% conv preferred
2
50
*22%
Universal-Cyclops Steel Corp
1
14%
Universal Laboratories Inc
1
8%
com.No par
preferred
Universal Pictures Co Inc
4%%
preferred
100
com
1
100
Vanadium Corp of America_.No par
Van Norman Cn
2.60
Van Raalte Co Inc
10
21
21
600
4
4,100
*33/4
4
*17%
183/4
*17%
18%
700
15%
153/4
15 5/a
153/4
6,800
73/4
433/4
7%
7%
*7%
7%
200
43%
1,800
59%
*85
43
43
43%
58
23%
.
90
;
-
58
23%
;
*85
90
i
*57%
23 3/e
23%
',*85
353/4
35%
35%
34%
117=/4
1173/4
118%
117%
40%
40%
40%
40%
*40
69%
*67%
*67
*67
69%
'
-V.
233/a
133%
"
23%
1333/8
:
23%
132%
20%
21%
*42 s/8
*4%
43%
4%
213/a
43/4
1,500
90
5,000
35
118%
1,850
40%
1,200
100
69%
23%
13P/4
20%
20%
43%
*42%
43/a
*4%
43/4
73,100
V
1,500
1,400
43%
'45/8
21
43 %
*4 3/8
1313/4
23%
*423/8
21%
*423/8
>
23
233/a
X1313/4
23%
134
100
58 %.
21
"
V
*82
Tobacco
21%
353/a
4%
*42
25
1
United Stores $4.20 non-c 2d pfd—5
$6
conv
preferred
No par
Universal Leaf
46
117%
43%
50
*45
15%
17%
22%
68%
;
133%
60
1,500
7.
46%
*58
'
-
v'v.
20%
20 3/8
No par
com
preferred
Stockyards Corp
non-cum
United
7
7
7
40 3/4
68%
23%
133%
*179
35%
40 3/4
69%
*68
600
117%
35%
117
•
100
99
43
59%
23%
35%
14
99
*13%
14
*7%
43%
*23
80
97
99
*15 y4
•
7%
*58
97
97%
6,900
99
4
173/4—17% >■
15 ,? 15%
43%
117
'
.
4
*13%
700
23
23
23%
99%
177%
7
*45
213/s •
4
H-,
6%
.
*97
14
123/e
123/8
46%
177
,
.
.
46%
22%
97
.;
99%
-
*77% :
*20%
23%
*13%
88%
*45
59%
V:: 97
■
4
14%
98%
23
40%
*20
L: :23%
*13%
-
4%
35%
400
21
21%
*85
A/:
46,900
*19%
46
116%
50
10,100
17%
21
No par
common
49 5/a
17%
123/B
_10o
Corp
preferred
49 3/a
17%
*19%
/ 73/4
<
49B/s
17%
12%
14
43%
100
49%
17%
96%
23
10
common
1st
49%,
20%
*7%
'•i,
',A-.
38
«-
23%
*57%
100
38
12%
17%
1
38
21%
v
12%
15%
10
1,200
38
203/4
14%
20
730
143/4
V:
21%
13
t-v:
*16 3/4
Vi
47%
143/4
*47
21%
21
:V
178
7%
class A
53/4
53/4
2,500
15
47%
20%
*4
preferred
Steel
7%
213/a
7%
v;rV
*5%
47
*14%
*193/4
21%
46
Smelting Ref & Min com—5o
1%
U
Co
173/8"
►176%
m
common
non-cum
49%
173/4
47
'
17%
85%
U
Mar 17
37
4% Mar
Lines
49%
*203/4
4%% preferred
U S Pipe & Foundry Co
U S Playing Card Co
U S Plywood Corp common
33A% pfd series A.
21
Jun
Leather
S
S
53/4
57/8
47%
17%
No par
Industrial Chemicals
90
48%
993/4
5
100
32
1,000
173/4
14
1,500
106,400
49
22%
100
*31%
t
33%
33/4
•
38%
96%
100
com
33%
32
50
900
5
33/4
*37%
*983/4
"
Jan
140%
Maclf-nery
preferred
Partic 8s
U
18
137%
129% Mar
Hoffman
S
4% %
33%
103%
33/4
37%
*20
No par
4%
3%
33/4
37%
123/6
■■
2,900
23
103%
2%
38
203/4
»•'>■'(
•31%
15
203/4
CLOSED
23
76
1033/4
43%
*143/4
12%
,/IJ •.•
300
23/4
14%
21%
'•:
75
*423/4
14%
•
75
2%
5%
47
9,000
43%
47
-
100
133/8
*423/4
3%
-
1053/s
13%
5
33%
7,900
22
*105%
105%
13%
43%
V
15
STOCK
—20
21
Dec
121
1st preferred
Freight Co
Gypsum Co common
7% preferred
53/4
21%
22
for
Shares
2%
47
EXCHANGE
1
No par
33/4'
V-'V 5
gales
the Week
2%
17%
No par
27
49% Jan 28
3
1
S
U
24
16% May 18
"
19
Jun
19% May
May
5% Jan
w
3%
*5%
Friday
July 29
$ per share
23%
*103%
32
23/4
43
48%
1
U S
213A July 14
21
interest
of
*31%
3
a
*23
33%
38
Inc——1
'
52% Jan
373/8 May
Jan
Mfrs
$4.50
8
Feb
8s
US & Foreign Securities
May 17
15%
Merch
United Paramount Theatres wi
13
92%
i-
United
July 26
24% Apr
6
33%
5 3/8
14%
United Fruit Co
i
—No par
United Gas Corp
————10
United Gas Improvement Co—13%
7
*74
1033/4
47
.5
Cos
■'
23%
23
423/4 v.-
42% :
53/4
76
v
*103%
V.T «5%
2%
*42%- 43%
3%
3%
5%
*74
13%
323/8
32 3/e
3
2%
21%
105%
14
333/4
*33%
*31%;- 32%
.
Stores
22%
105 Vu
13%
*103% 1033/4
.///:•; 4% •
5%
33
34% Jun
543A Mar
23%
1033/4
33
Jun
7
23%
23%
23
*103%
$ per share
22%
75
No par
46 3A
6
75
5
Electric
July
75
Thursday
July 28
$ per share
*105
14
75
Fastener
v
22%
13%
5
Co
•
105 5/a
14%
Corp..i_10
United
16
21%
*105
133/4
—100
7
22
$ per share
,
105 %
*105
No par
Coal
'
21%
203/4
5
100
;
Wednesday
: July 27
A
July 26
$ per share
$ per share
..No par
Carton
Tuesday
July 25
July 23
,
Par
;
3
48
*
Monday
Saturday
.':.v
-
Jan
65
6,700
*34%
223/s Jan
22
30%
'2,200
143/4 July 29
Jun
29%
30 i/a
79
45
6% July 13
293/4
30%
"lO
•
93
50
Apr
33/4 July 20
29%
98
'
93
79
Jun
3
24
30%
29%
40
111%
*94
49%
28%
2% Jan
33/4 Jun
7
93%
80
82%
3% May
9
May
13
98
*92
50
Dec
40% Jun
y
*94
93%
79
common—10
Inc
Cig-Whelan
*110%
98
50
Jan
Feb
Unite
6
110%
*94
*92
80%
Feb
Feb
4%
3% Apr
453A Apr
Jan
110%
111%
98
50%
16 3A
2%
55
18,400
80%
60
Dec
38%
50
37%
Nov
38%
81
Corp..No par
com—30c
$3.50 convertible preferred
I0o
United Corp (The)
1
United Dyewood Corp common
1
7%
preferred
100
2%
41.
38 3/a
39
50%
preferred
8s
38%
38%
800
80%'
preferred
Board
";;5,300
50%
Corp common
preferred
Lines
22%
81
United Biscuit of Amer
10
•.151/4
Feb
' July 25
104% Jun
Dec
<
Air
21%
50%
convertible
4%%
23% July 25
16
Aircraft
5%
United
22%
80%
'
-
.
United
Mar 24
143/8 Mar 29-
27
6%
29
;
600
22
50%
STOCK
-
26% Mar 30
14
9%
YORK
12V8
LOW AND HIGH SALE PRICES
EXCHANGE '
;.
$ per share
20% July 15
103%
fi
NEW
Highest
$ per share,
ehare
43%
12
:
93%
30%
700
43%
12%
22%
*110%
8%;
*8 3/e
8%
44
*12
50
STOCKS
Year 1948
8%
44
12%
22%
112%
>94
8%
44
43%
*12
.50
com.L
preferred
non-cum
*8%
8%
...No par
Pacific RR Co
1%
Range for Previous
S per share
&
5
Co
93
Nov
Jun
Rubber
8s
111
■
793A
-
8%
43%
;
Union
45%
*
V;
1
No par
Corp
6
12% Apr
31% Jan
42
Jan
6
91
12
Jan
(The)..
9%
.
9%
9%
85 -V,
*32
•v
9%
95/0
9%
*80%
85
*80%
i
1
6%
/■
*22
*164
V-
8%
*54%
18
9
22
/■
33/4
3%
35/8
24%
*23%
24y»
*23%
24%
*
14%
*14%
15%
*14%
15%
*14
7%
35/a
553/4
18%
9%
22
7%
7
22%
•22%
9
3%
3%
14%':
166
10
33/4
.
*164
■
9
*22%
166
.
*54%
183/a
*164
9
553/4
18%
8%
"
*54%
18%
7%
73/8
6%.
223/4
*22%
23
165%
•
8%
553/4
18%
♦164
;
7%
23
165%
23 %
7
*22%
*164
8%
8%
8%
*54%
5,5 a/4
553/4
■
18%
83/4
8%
83/4
8%
8%
22 3/4
223/4
223/4
22%
223/4
183/4
83/4,
223/4
300
85
14%
'
24
9%
*81%
93%
85
*23%
33/4
3%
9%
85
.(•'
18
'*8%
*22%
3%
9,700
3,600
24
15%
500
7%
23,300
23
100
165%
8%
56
18
8%
23
2,300
40
1,600
3,500
400
24.
St
24
NEW
Uwwt
Hlfbwrt
I per
I per thare
15% May
10
Feb
29% Jan
20
Jan
3
85%
Dec
86
Feb
32%
Dec
85-
Oct
13% Jan
16
Dec
1
85% Mar
,
May
Jun
85% Jan
89
5
48%
Jun
33% Jun
17
96%
Apr
91
7% Mar
14% July
Jun
124% July
82% Jun
17
Not
18% May
15% Jan
3
117%
Jan
5
5%
Feb
27
July 18
32% Jan
29% July 27
33 % Apr
6%
Not
Dec
39%
Apr
25% Jun
Dec
32%
Jan
23 % Mar
29
Mar
31
14
9
7%
Apr 26
32%
Jan
30
Mar 15
32
66
Apr
Jan
45
Jun
60% Jan 28
14% Apr
9"
preferred
*84
86%
♦84
•86
88
36%
36%
36%
*36%
96%
*95%
96%
*95%
37
97
7%
6%
7
*86
88
88
7%
7%
7%
7%
92
92%
92%
93%
17
16%
17
16%
115
115%
114%
23%
*22%
27%
27%
27%
*30 %
30%
*114%
114%
1143/4
500
115
115
..
.
7.9G0
110
18
19
*17
27%
27%
*27%
30%
29%
30
60
*!
*17
19
28
28
28
30
23 %
28
*30
16 3/4
;
3,000
93
16%
93
17
114%
1,200
-
94
16%
115%
2,000
86 Va
36%
92
*22%
1,000
22%
■
•95%
16%
16%
share
11
22%
94
*90%
25
,
11
22%
'♦86
,
96%
7%
7%
25
25
5
20
20
pf<1
10%
22%
86%
for
Shares
11
11%
22%
'
10
100
preferred
$5
*95%
100
partlc preferred
Virginian Ry Co common
6% preferred
Vlsklng Corp (The)
Vulcan Detinnlng Co common
30% Apr 30-
5
dlv
Va Iron Coal & Coke 4%
6
24"%
7%
Virginia Elec & Pwr Co com
12
29%
96%
14
23
38% May
25%
*95%
Va-Carolina Chemical com—No par
23% July 14
Dec
Dec
36
100
preferred
share
22%
*84
88
36
35%
21
15%
*86
35%
3%%
.
86%
88
*86
♦84
$ per
Week
the
July 29
July 28
$ per share
11%
22%
86%
*84
$ per
share
11%
•
22
22
5
21
28%
34% May
non-cum
Jan
118
3
21%
Victor Chemical Works common
17% May 16
29
14% Jan
Jun
1
$ per
♦11
11%
.11%
Bales
Friday
Thursday
July 27
July 26
$ per share
$ per share
Pacific Ry com-100
preferred
100
Vicks Shreve &
10
Feb
118
113% Jun
Jun
Feb
i;
6%
11% Jan
6
Feb
14%
Par
July 25
2.50
38% Jan 26
96% Mar 16
7
Jan
93
109
LOW AND HIGH RALE TRICKS
Wednesday
Tuesday
Monday
July 23
Vertlen tea-Cam aguey Sugar Co
Vlck
Chemical
Co__
6
22% July 28
90
5
94
95
,
Saturday
STOCK
YORK
EXCHANGE
,
I perthare
t per thare
share
July
19%
,
NEW
Range Since Jan. 1
V
Hlfkect
Year 1948
12 %
RECORD
STOCK
STOCKS
Iu|i(«r rmtmi
Ltwttt
YORK
Monday, August 1, 1949
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
(416)
30%
30%
700
27%
400
IS
-
30
27 %
,
1,000
26%
*26%
27
*26%
27%
*27
28%
*27
28%
*27
28%
*27
28%
*27
28'/a
*32
34
*32
34
♦32
34
*32
34
♦32
34
*46%
48
♦46%
48
46%
46%
♦45
48
100
13%
*13'/a
13%
*13%
13 V*
*13%
13%
200
29 %
291/4
26%
27
27
W
57% Aug
12%
28
15%
Dec
Dec
100 %
35%
8% Feb
V
9% Not
14
25% July 27
9% Jan
7
Walworth
14
15% Jan 21
Ward
14
94% Feb
12% May
3
4
9% Jan
3
183/4 Jun
;•
Not
32
22
25% Feb
Not
34% May
14
Jun
14
22% Jan
20%
Jan
27% Aug
23% Jun
27
25
Jan
20% May
113/4 Jun
14
14
Jan
/
16%
i
leys Feb
6% May
3% Jan
xl9% Jun
13%
.
Jun
108 V2 Mar 22
115
113% Feb
25
103% Feb
Not
113
Jun
Oct
107
Jun
105
8
16%
Apr
22%
51%
110%
Jun
13
12%
12%
13%
13%
Knitting Mills
$4
1
Inc__
Tobacco
Webster
_
38% July
21% Jun
14
293/4 Apr
8
36% May
20
Jun
13
30
Jan
24
25%
Not
58%
Dec
74% July
533/4 Jun
15
Dec
26
13
May
Not
39%
Jun
21% Jun
23%
Deo
33%
Jun
Feb
95%
Apr
903/4 Jun
91%
Feb
101%
Jun
34»/4 Jan
Z 98% Feb 15 /
'
25
<
40%
Dec
115
213/4 Jun
Jun
Jan
37
Mar
57%
19%
19%
19//'
21%
22 %
22
22%
*112%
113%
113
113
113
113
113%
113%
116%
116%
117
117
117
117
116%
117
Mar
92
Jan
23
Feb
27%
Jan
8
11
7%
34%
10%
CLOSED
13
18 Va Jan
3
25% Apr
11
Nov
28% Feb
8
30 3/4 Apr
Feb
19%
Jun
7% May 31
11% Jan
20
12
4% Jun
7% Jan
56% Jan
24%
25%
24%
95%
101%
101%
101%
24%
*23%
13
Machine
OH
Wilcox
24%
14%
59%
14%
14%
14%
''3,400
25%
25%
25%
257/a
3,900
96
96%
25
*23%
107%
1073/4
343/4
353/4
76%
76%
25%
*24%
•107%
25%
14%
20%
*30
35
77
25%
.
300
77 %
77%
300
26
•25
14%
14%
1,500
15,800
14%
14% v.
21
21 %
21%
22%
31 %
*30 3%
31%
100
93%
9%
1,500
5
7.300
14%
14%
14%
21
203/4
21%
30%
303/4
303/4
*30%
/ 9%
x9%
9%
9%
93/8
9%
Willys-Overland Motors com
1
$4.50 cenv pfd series A
No par
5%
5%
5%
5%
5%
43%
43%
43%
43%
433/4
44%
44%
44%
No par
10
10
10
10%
10
10%
10%
10%
No par
*74
76%
*74
76%
♦74
76%
74
10
*10%
11%
10%
10%
*10%
10
17%
17%
17%
17%
173/4
9%
1,300
34%
'
:
•
10
200
~30
110
..
34%
35 V4
77
25%
,
*105
220
25
*23%
110%
.
1013%
♦101%
25
*23%
16.800
24%
97
97
97
1013/4
1013/4
600
6
24 %
24%
24%
24%
1013/4
76%
20%
30%
x59%
14
14%
76 V4
14%
20%
*30
200
'900
*59%
96
:
2,000
24%
24%
*24%
76
4,600
10 3/8
23%
24%
26
24%
107
34%
34%
36%
10%
X24 %
♦101%
*103
34%
24%
20
Co
107
76
I
com
36%
r
24%
25%
25
5,900
*23
14
,
6%
*22%
61
*60
24%
95%
110
63/4
25%
25%
60
10
24%
*23
25%
95%
preference
7%
1034
24%
Sewing
67/a
36%
26
Prior
7%
320
108
108
107%
10%
95%
White
12% Jun
22% July
31%
1,700
Xl07%
353/4
24%
*34%
40%
40%
41
40%
41
107%
11
24 %
12
3,000
35%
,23%
*23%
13%
10%
23%
*103
13%
6%
13%
12.50
13%
13%
41
26
Instrument
130
13%
35
13%
Elec
104%
113
113
11
60
Weston
*103%
34%
23%
♦101
107
104 V*
10%
24%
100
♦105%
♦103%
34%
13%.
pfd series B
107
104%
10%
60
3.80%
113
y<
105 %
34%
23%
No par
_12%
100
110%
10
*110
♦106
7%
80
*
13%
41
117%
1101/4
113
♦112%
104
107%
13%
25%
A
27
Feb
-
59%
series
89 ¥4 Jan
Dec
40%
•106
90
117
*110
110%
•105%
107
113%
;
107
113
113.
104% 104%
13%
13%
40
7
EXCHANGE
10
48% Jan
Feb
14
107%
STOCK
100
100
27% Apr 26
16% Mar 30
9%
24% May
39%
*106
100
2
13%
13%
■■
No par
Westinghouse Air Brake
Westinghouse Electric com
3%% pfd series A
107% July 27
13
104%
par
5
71
♦105%
1,300
19,200
113
*110
:110%
112%
107
104%
100
July
293/4 Jun
*
10%
113
107
,'v
1
com
110%
113
100
Inc
RR
*109%
100
"
200
26
27%
9
Pacific
160
19
21%
23% Mar
Oct
83
7
Mar 30
2,900
81
5
19%
■
Wheeling & Lake Erie Ry
100
Wheeling Steel Corp com
No par
$5 conv prior pref
—No par
White Dental Mfg (The 88)
20
White
Motor
Co__'
1
102
July
80
101% Jan
1,800
23%
81
;
22%
Supply Co
Maryland Ry com
non-cum 2nd pfd
Preferred
7
7
27
3
5 %
23
81
21%
-
Western Union Teleg class A_No par
28
263/4 Jan
13
Jan
97% Jan
20% May 31
85%
5%
23%
81
19%
Auto
Western
68% Jan 26
17
Mar 30
6
May 31
29%
4%
5%
22%
80%
19%
Western
22% Mar
5%
22%
19%
—
Western
5%
22%
80
5%
100
100
Lines
700
200
1,200
22%
5
.
No par
Air
400
,•
22%
5%
81%
21%
25
11
*12%
81
24
20.
13%
12%
19%
20
41% Mar 12
12%/;
18%
12%
18
12%
21%
17% Jan
12% Jan
18 %
*17%
19%
41% Jan
Feb
12%
21%
A
24
5
46% May
*5,200
12%
12% //.
1
No pax
preferred
preferred
32% May 23
8% Feb 24
10% May;
■>.«
18
12%
22%
16%
23%
No par
4.20%
>
17%
12%
22%
16%
*20
v
com
West Penn Power 4%%
26
5%
17%
*80%
20%
800
*17%
17%
12,500
♦23%
16%
23%
12%
10%
10%
20%
16%
50
91
*90%
1.
1,100
13%
13%
13
11
Corp
preferred
Indies Sugar
Class
14
8
_
1,900
*23 %
:
12%
,
7%
81
West Penn Elec Co
6%
_
12%
.
Oil & Snowdrift com—2.50
conv
7%
*17%
5
*7%
90%
20%
16%
23 %'
20%
:7%:
13
20%
16
20%
3,900
10%
/
23%
16% July
Dec
:
11
15%.
20%
24%
90 %
,90%
23%
7% Mar
Not
10%
15
Western
5%
13
90%
11%
23%
73/4 Apr
34%
13%
91%
1C%
30
25%
24%
7%
13%
*13%
*90%
,
700
105
103
105
25
P
23%
West
*
104% July 19
4
353/4 Jun
104
7%
14%
108% Jan
,,
11%
7%
20%
No par
Corp
14
133/8 Mar
Jun
Feb
Jun
108% Jan
113
18
Apr 25
2
Oct
Feb
91
11%
pfd
preferred series B
4.10% preferred series C
West Virginia Coal & Coke
West Va Pulp & Paper com_No
4%%
preferred
Apr
1
101% May
38%
13%
*90%
May 12
107
100%
100%
*13%
_5
_
25%
7%
14%
117% July 11
110% Jan 13
Oct
7%
*23%
*12%
14
Jun
Jun
111%
24%
7%
29
*103%
25 %
*20%
*
21'
22% July 28
114
103% Mar
24%
7%
105
♦103%
3
Petroleum
Warren
Wesson
84% Jan 24
3
143/4 Jan
>
7
23% Jan
14
25
29
28%
28%
105
24%
Wayne Pump Co
25-
27% Jan
*103%
1
100
Pictures—
Bros
28%
28%
;
No par
Baking Co common
preferred
Wayne
July 27
119%
Apr
105 %
<
<
July 13
16% Jun
19% July
Feb
,104% Mar
*113%
78
Jan
26% May
s
5% July 15
13
86 %
1
7
15% Jan
3
34% Aug
Not
*80
18
113/4 Apr 21
Dec
> 19% Mar
*
Bep
Jan
Bep
3%
26
>.
10
22
'...
Dec
13
;
-
30%
Dec
29
105
Washington Gas Light Co—No par
Waukesha Motor Co
—8
24
Deo
*28%
*103%
13%
No par
Co
Warren Foundry <fc Pipe
11
12%
common
5%%
Warner
May
Jan
13%
100
(Hiram) G & W
Walker
*19%
22
48
*13%
preferred
preferred
Jun
xl2
Jun
101
4%
x87% Jun
16% July
10% Mar
Co
Walgreen
8
*46
No par
No par
IOO
RR 4%%
Wabash
Waldorf System
8
Jan
105
21% Jun
1
6% Jun 29
13% May
*83 % Mar
29% Jan
13
May 19
101
27% May
118*% Mar
30
Jun
253/4 Jun
Jun
Aug
105
Apr
12
Jan
6
'
:
12
6% Mar
May
Mar
;10% Not
17% May
Dec
Dec
Dec
Jan
18
70
Jun
10
Jun
Jun
19
14%
8% Jun
Jan
88%
12%
69
6
x42% Jun 22
65% May
51
14% Jan
8
79
Apr
6
13% Jan
17
14
18% May
$4.25 preferred
2
Jun
133
21
10
128
Jan
4
28 ;
Feb
37%
Oct
22
Jun
2
34% Jan
Not
49%
Jun
44% Jan
3
6%
49% July 29
Dec
*138
Jan
Co
Wilson-Jones
Wisconsin Elec Power Co com
5
41%
125
■l
Wilson & Co Inc common
12% Mar 10
15
21
preferred
100
Woodward
Iron
Woolworth
(F
Co
W)
13%
14
24
May
96% July
Jun
10
68
Feb
25
72% Apr
79
Jan
69
66
Feb
9
8% Feb
25
19% Jun
15
24
Jun
94
f 58
Jan
60% Mar
>
8
Mar
11%
22
Deo
Feb
July
Jun
34%
Jan
10%
Feb
16% May
37
Deo
48
May
15%
Feb
24
65%
Dec
89%
13%
Deo
%
.
74
v
Apr
9% Jan
7
Jan
20
13
12% Jan
39% Jan
Oct
53% Jun
13
74
Jan
10% Jun
28
14% Jan
6
8
..
24%
24%
25
&
Tnwne
Mfg Co
.
...
49
•48%
49
76%
100
18
4,000
*132%
135
25
49
*24'A
13%
13%
*13%
133/4 *
66
66
*64%
25
900
49%
6,500
13%
49
.49%
13%
*65%
13%
70
13%
1,700
66
*64%
66
66%
€6%
220
66
663/4
*65%
60%
66
67
*71
723/4
*71
723/4
*71
72
67
*66%
66%
72
*70%
72%.
70%
70%
*71%
713/4
71%
9%
9%
*9%
9%
9%
22%
22%
66
*70%
22%
X
23
9%
13%
,
727%
723%
l,l6o
9%
9%
9%
93/a
1,000
*21%
22%
9%
*34%
9%
36
20%
20%
€2%
9% >
22%
227/a
9%
10
93%
343%
35
35
*34%
20
20
20%
20%'
20%
63%
62%
63 3/8
€2%
623%
62%
11
11
11 %
11%
11%
11%
*11%
22
Young (L A) Spring & Wire_No Par
Youngstown Sheet & Tube
No par
Youngstown Steel Door
No pat
22%
22%
22%
22%
223%
22%
19%
.
,62%
200
72%
*333%
,
.
;
71%
713/4
9%
50
13%
9%
36
21%
21%
'
1,000
■
3,700
93%
0%
'
35
200
20
20
62%
63
1,200
8,100
35
-
'
20 3/a July 28
200
11
l77/a
.
ip
.
Corp common
4%% conv preferred
3,500
*74 '
*103%
24%
48%
25
2,200
10 %
134
*131%
25
York
28
*19% May
Vale
18
Oct
*
7
30% May 13
163/4 Jun 17
134
*131%
44%
10
11
13
48%
common
No par
pfd 4%% series
100
pfd 4% % conv Berles—100
Wright Aeronautical
Nopai
Wrigley (Wm) Jr (Del)
No pax
Wyandotte Worsted Co
I
9
134
44%
'
18
*10%
48%
Prior
10
*131
11
17%
4%
5
74
25
Prior
7
134
4%
10
Machinery
67% May 17
64
81%
Not
58%
15% Mar 30
113/4 Jun
x59% Feb
25% May
Dec
Deo
*62
;
*131%
,
10
Co
Worthington Pump &
*
5
■
700
*11%
11%
v«
22%
223/s
;
2,000
37A
3 3%
.3 3/*
%
1,900
11%'
"
19%
Feb
3%
Dec
•Bid
X
35
July
20% July 12
6% May
and
asked
Ex-dividend,
y
3% Feb
prices;
no
sales
9
on
32
Jan
15
Zenith
7
4% Jan
this
day.
Ex-rights.
tin
-
Radio Corp
Products Corp
Zonite
receivership,
>
No par
)
petition
or
has
been
filed
4
for
company's
4
/ 4 /•
reorganization,
a
Exchange
Saturday
Monday
Tuesday
Wednesday
Thursday
Friday
Railroad
Int'l
Number of and Mlscel.
Shares
Bonds
Foreign
Bonds
■
Bank
Bonds
Bond
(Number
Bonds
Sales
Week Ended July 29,1949
Closed
2,114,000
337,000
1,026,693
2,666,000
308,500
789.330
2,700,000
175,000
635,780
1,810,000
259,000
2,075,000
$8,000
$2,763,000
U. 8.
4,617,203
Government
International
Bank
—
Railroad & Industrial
Total
//
Domestic
distributed.
$8,000
1948
4,490,350
1949
174,245
$114,000
$18,000
193,860
127,000
5,000
Wednesday
Thursday
Friday
190,465
138,000
199,985
103,000
$13,138,000
Jan. 1 to
131,152,999
Total
Closed
Tuesday
978,750
Stocks—No. of shares.
133,000
142,000
~9~6~6oO
20,000
219,000
46,000
11,000
3,000
60,000
$528,000
$130,000
$28,000
$686,000
Jan. 1 to
Week Ended July 29
1948
192,900,617
$132,000
$1,000
4,000
220,195
Total
July 29
1949
1948
July 29
1948
978,750
1,079,985
31,698,424
48,177,939
$528,000
$770,000
$20,175,000
$33,141,000
130,000
196,000
6,202,000
5,747,000
28,000
7,000
1,079,000
1,215,000
$686,000
$973,000
$27,456,000
$40,103,000
Bonds
$348,000
$10,000
Exchange
Bonds (Par Value)
Foreign
Corporate
2,875.000
$8,000
;
wd When
Foreign Government
Saturday
Monday
Bonds
Foreign
of
Shares)
1949
shares
sales,
2,974,500
$1,453,500
1949
of
Special
2,451,000
Week Ended July 29
Stocks—No.
s
Stocks
Government
$374,000
$11,677,GOO
sale,
Daily, Weekly and Yearly
$2,381,000
4,617,203
Cash
Total
1.307,730
Total
r
United States
857,670
.
delivery,
Transactions at the New York Curb
Daily, Weekly and Yearly
Week Ended July 29, 1949
Deferred
CS)
33%
4
33%
•.
*
Transactions at the New York Stock
Stocks
4
$749,500
831,000
3,387,000
1,453" 500
1,057,000
53,856,670
54,159 180
11,677,000
13,468,800
403,572,100
611,482,900
$13,138,500
$14,535,800
$458,607,770
$669,778,580
Domestic
Foreign
Foreign
Total
governmentcorporate
-
Number 4825
Volume 170
THE
COMMERCIAL
Bond Record
Italic
letters
In
the
column
FINANCIAL
WEEKLY
-
Period"
'Interest
headed
(417)
in
eacn
or
one
25
Exchange
YEARLY
-
Indicate
Figures after decimal point represent
.
CHRONICLE
New York Stock
ecu
FRIDAY
The
&
more
the
case
32d
of
bonds
the
month when
a
mature.
'
point.
LOW AND HIGH SALE PRICES
Range for Previous
GOVERNMENT
Year 1948
Lowest
Range Since Jan. 1
/Lowest
Highest //
Highest
101.11 May
105.1
Sep
Sep
108.28 May
9
108.13 Jan 26
/ 101.11 May
110.23 Mar 11
101.18
Dec
102.22
102.23
Sep
102.23 Sep
108.13 Jan
9
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
26
110.23 Mar 11
Feb
102.31 Jan
104.9
14
Feb
3
102.31 Jan
104.9
Feb
3
Sep
101.11
Jan
101.19
Jun
101.19
Jun
102 1
MarTf
102.9
jun-27
100.24 Mar
100.25
Jan
103.8
July 25
103.8
July 25
100.23
Jan
100.26
Apr
100.23
Sep
100.24
Sep
101.12 Feb
9
100.16
Sep
101.12
Jun
101.7
Feb
7
100.7
100.18 Jan
6
Oct
100.27 May
102.26 May
100.23
101.7
24
Feb
7
/101.28 Jun
30
Oct
101.14
100.28 Jun
Jun
14
Sep
102.13 July
102.30 Feb
9
100
Mar
100.4
May
100.13 Jan
20
100
Mar
100.2
Feb
100.17 Feb
9
100.21
102.22 July 18
Oct
100.21
Oct
100.21 Feb
100.31
Sep
Dec
101.26 May
9
102.10 July
Jun
100.21 Feb
9
101.8
Jan
26
100.31
Sep
100.30
Sep
101.18 July
101.19 July
100.7
Oct
Jan
98.30 May
98.24 Jan
10
94.14
Jan
99.30 May
99.11 Jan
5
Jan
101.18 Feb
9
101.18 Feb
9
Low
1951-1955.
1955-1960
2%s
1951-1954
Low
High
2%s
; .v;.''.; '.V
V,i,
..
High
Fridav
Sales for
July 22
the Week
Bonds (8)
High
101
♦100.30
101
♦100.30
101
♦100.29
100.31
104.17
*104.14
104.17
*104.14
104.17
*104.13
104.16
109.12
•109.8
109.12
*109.8
109.12
*109.8
109.12
103.18
*103.14
103.17
♦103.14
103.17
*103.14
103.17
*103.13
103.16
•110.16
v.".;
110.20
*110.16
110.20
*110.16
110.20
*110.16
110.20
*110.14
110.18
1958-1963
STOCK
*111.16
111.20
*111.16
111.20
1960-1965
EXCHANGE
*112.26
112.30
*112.26
112.30
2%*
1949-1953
CLOSED
*100.23
100.25
*100.23
100.25
•101.29
101.31
j.
•
Low
*109.8
2%sl-
_1950-1952
'
Thursday
July 21
High
Low
*104.14
109.12
*103.15
' 7
r
Low
*100.31
101
*104.15 104.18
_
•109.8
1956-1959
t
High
*100.31
'/
r
Wednesday
July 20
Tuesday'
July 19
Low
High
July 18
1949-1952
*111.16
111-20
*111.16
111.20
*111.14
*112.28
113
♦112.28
113
*112.26
112.30
*100.22
100.24
•100.22
100.24
*100.22
110.24
101.29
>
111.18
«
2%s
2%s
1962-1967
2%S
1063-1968
r
ft
'
,
'
1
*101.29
101.31
*101.29
101.31
*101.28
101.30
♦101.27
103.10
*103.6
103.8
*103.6
103.8
*103.6
103.8
*103.5
*106.1
106.3
*106.3
106.5
*106.2
106.4
*106.1
106.3
•104.6
1956-1958
■
.
106.4
104.8
*104.4
104.6
*104.7
104.9
*104.6
104.8
*104.4
104.6
♦103.22
1952-1954'
*103.8
*106.2
2%e
103.24
*103.20
103.22
*103.23
103.25
*103.22
103.24
♦103.20
103.22
103.7
2%S
Jun 1964-1969
103.8
103.8
*103.8
103.10
*103.11
103.13
*103.10
103.12
*103.8
103.10
2%g
—Dec 1964-1969
♦103.5
103.7
*103.3
103.5
*103.6
103.8
*103.6
103.8
♦103.3
103.5
2%S
1965-1970
•103.3
103.5
*103.1 >103.3
♦103.4
103.6
*103.4
103.6
*103.1
103.3
103.3
*103.2
103.4
2%S
1966-1971
—
2%S
77// Z/77 r
\
7/./;
Jun 1967-1972
2%S
2%s
/
Sep 1967-1972
—Dec 1967-1972
,;j
*103.2
103.4
*102.15
102.17
*102.13
102.15
*105.5
105.7
*105.3
105.5
102.12
*102.15
102.17
*102.13
103.1
102.14
*102.10
102.12
105.6
*105.1 / 105.3
•102.12
i
*102.31
*102.12
♦105.4
102.14
*102.10
*103.1
'
,/
<
,.
*103
8,000
;
103.2
*102.11
102.13
*105
105.2
102.15
*102.11
102.13
>
'
:
.
;
" '.V
2VaK
1951-195.1
*103.6
103.9
*103.5
103.8
*103.5
103.8
*103.5
103.8
*103.5
103.8
2%S
1952-1955
*102.26
102.23
*102.24
102.26
♦102.25
102.27
*102.24
102.26
*102.23
102 25
2%s
1954-1956
*105.22
105.26
*105.22
105.26
*105.22
105.26
*105.24
105.28
♦105.24
105.28
1956-1959
*104.23
104.25
♦104.23
International
v
-
104.25
*104.23
104.25
*104.23
104.25
*104.22
104.24 1
Jun 1959-1962
*102.4
102.5
*102.3
102.5
*102.6
102.8
*102.5
102.7
*102.4
102 6
Dec 1959-1962
•102.3
102.5
*102.2
102.4
*102.5
102.7
♦102.4
102.6
*102.3
102.5
Sep 1949-1951
•100.4
100.5
*100.4
100.5
*100.4
100.5
♦100.4
100.5
*100.3
Dec 1949-1951
*100.15
100.16
.*100.15
100.16
*100.14
100.15
*100.14
100.15
*100.14
100.15
Mar 1950-1952
2s_
Treasury
Treasury 2s.
Treasury 2s
Treasury
2s
Treasury 2s
Treasury 2s—
Treasury l%a.
2g
100.16 Apr
94.10
101.8
Monday
;
July 16
2%«
Treasury 2%S
Treasury 2%S
2y«S
Treasury
^Treasury 2s__
Treasury
2s
Treasury 2s
6
14
101.13 Mar
101.7
9
102.30 Feb
101.3
Saturday.
3s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
102.26 May
100.7
101.13 Jun
BONDS
STOCK
3%S
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
14
101.7
YORK
EXCHANGE
105.28 Mar
107.4
NEW
*100.19
100.21
*100.19
100.21
*100.19
100.21
♦100.19
100.21
*100.19
100.21,
—Sep 1950-1952
100.4
*101
101.2
*101
101.2
*101
101.2
*101
101.2
*101
1951-1953
*101.23
101.25
*101.22
101.24
♦101.22
101.24
*101.22
101.24
*101.22
1951-1955
*101.28
101.31
*101.27
101.30
*101.28
101.31
*101.28
101.31
*101.28
101.31
„Jun 1952-1954
•102.4
102.6
*102 2
102.4
*102.4
102.6
*102.3
102.5
*102.2
102.4
-Dec 1952-1954
*102.12
102.14
*102.10
102.12
*102.12
102.14
*102.11
102.13
•102.10
102.12
*104
104.4
*104
104.4
*103.30
104.2
*103.30
104.2
*103.30
104.2
♦100.17
100.19
*100.17
100.19
*100.17
100.19
♦100.17
100.19
♦100.17
100.19
♦101.1
101.4
*100.30
101.2
♦100.30
101.2
*100.28
101.2
*100.28
101.2
*102.3
102.7
*102.3
102.6
"102.2
102.6
*102
102.2
*102
102.6
1953-1955
1950
Bank
.
101.2
-
101.24
for
Reconstruction & Development
•Bid and asked price.
101.2
July 14
102.8 July 12
No sales transacted this day.
10-year
12%
1957
25-year 3s
1972
due June 1949-51 called June 15 at par, 2%
RANGE
Friday
BONDS
Interest
New York Stock
Exchange
Period
-
Week's
Last
or
Sale Price
WEEK
ENDED
Friday's
High
Range Since
Sold
Jan. 1
No.
Low
"
BONDS
'
New York Stock
.1M0
/-D
106%
j
106 y\ 106%
Week's
32
—
.
104
e
7
Last
Feriod
or
.
107%
1061H
106
Range
„
3%s Series No. 16
:
IS
/> 3%s Series No. 18
H 3%s Series
:?
"
*
No. 19—
:
—
*61
65
59%
— —
60%
25
•
65
65
65
55%
65
60
60%',"
64'A
66
56 Vt
65
60%
65
59
5
,f:
70
57
— —
*61
J-D
65%
58%
55 %
•
'
60%
60%
65 '
65%
60%
64
60%
60%
J-D
J-D
—
'
*60
3%s Series No. 24
3%s Series No. 26
1
.
62
*60
65
56
-
61
High
'58
62
*61
J-D
>
*
*59%
"60
// \
__
61
J-D
3%s Series No. 25
Foreign Securities
:
J-D
; 3%s Series No. 23
•/>■'
*60
"/ J-D
Series No. 21_
3%s Series No. 22
Jan. 1
Low
.
64%
♦60'-
/J-D
3%s Series No. 20
/ 3%s
Range Since
Sold
No.
'..7*61,/
" J-D
" J-D,
—
Bonds
High
♦61%
J-D
-7.
f 3%s Series No. -17
J-D
—
;
-
Friday's
Bid & Asked
e
Low
3%a Series No. 15
Corporate Stock—
Interest
Exchange
High
4
Registered
r Registered bond transaction,
29
Friday
Bonds
New York City
Transit Unification Issue—
3%
JULY
15 at par. a Odd lot transaction,
Range
Bid & Asked
Low
FOR
due September 1949-51 called Sept.
64%
./
"
3%s Series No. 27
J-D
♦60
/ 3%s Series No. 28
J-D
*60
'
•
7.
•V.
:
"
J-D
REctor
Brisbane (City)
Members New York Stock Exchange
2-2300
Teletype
120_ BroadwayyNew York
NY
i,
1-1693
f 5s
s
Canada
—,.—1958
&
lAChtle
Municipal
lAGtd sink fund
6s
AGtd
6s
sink
fund
_1950
lAExternal
f
s
7s
F-A
1948
A-O
*61
at-a
•83%
1945
series B
1945
■
3'J
43
J-J
42%
42'A
42%
*42%
1945
D
1945
J-J
42'A
1st series
42'A
42'A
1957
A-O
43
42
43
1957
A-0
42%
42
42%
AExternal sec
Antwerp
(City)
s
7s
2d
f 7s 3rd
external
series
series—1957
5s
1958
Australia
A-O
J-D
41'A
rl05
37%
42%
AExtl
AExternal sinking fund
rl05
AExtl
»A
ARy external
37
15
37'A
43
6
37'/a
42%
42
103%
93'/a
94
17
90
1957
J-D
94
94'A
34
89
95%
—1967
J-D
90
90'A
17
85'A
92%
91'A
91'A
5
90 »A
A 6s
97%
10-year 3'As
20-year 3'As
15-year 3%s
Belgium external 6'As
External
s
External
8
lABrazil
(U
f
7s
S of)
s
J-D
A-O
1957
84'A
100 &
102%
106'A 106'A
2
102 'A
112
118
118
9
115
120
1957
A-O
Stamped pursuant to Plan A
(Int reduced to 3.375%)—1979
A-O
AExternal
A7s
s
f 6'As of 1927
(Central
:
*66
49
45%
54
62
74
7
69
60 %
43
54%
61
51'A
46%
49
42%
62%
57%
69
J-D
♦63 ■"*
J-D
Sep 1961
1962
37%
26
29%
34%
37
A-O
■
■
./ 5
.,
*34
—-
26%
26'/a
/•:.
i
26%
7 77
2
Munlc
Cons
♦34
25%
34%
63
63
'
?
26%
26%
3
26
29
J-D
25%
25%
3d
25
29%
J-D
J-D
J-D
26
.7
26
*34
A-O
A-O
Jf-N
26
'
5
"
r
26%:/
'-
7/
i
•
——
~7
.
v
26
~2
1960
(Hukuang Ry)
—1951
5s
* ~
M-S
"J-D
*34
26
4%
4%
For Financial Inttitutions
59
62%
57%
69i
3%s Series No. 5_.—1—
J-D
58'A
69/."
J-D
♦61
73
,
69
80
73
J-D
*61
70
62%
•61
70
58%
—r
25
'
■■
35%
-j
'r
/
77'
4%
•
7
4
,
«.
5
J-D
♦61
71%
60%
73 )
J-D
♦60
64
58%
65,
:
/
SECURITIES
FIRM TRADING MARKETS
f;
73
"
3%s Series No.
10
i
3%s Series No.
11
3%s Series No.
12
J-D
*61%
58
65
3%s Series No. 13__
J-D
*60
59
65
3%s Series No.
J-D
*60
55%
66
64%
-
FOREIGN SECURITIES SPECIALISTS
50
Broad St.,
New York 4, N. Y.
*•
Telephone HAnover 2-0050
29
Teletype NY 1-971
36 V*
29
35%
.
—
73
J-D
3%s Series No. 9
29
37%
26%
*34
*26
Af-N
M-S
37%
37
26
; 4'
26%
..
!
29
34
26
-
34%
26
36
40
26%
*34
J-D
"
mmmm
*34
1957
1961
-
r*ARL MARKS & r.O. INC.
66 %
36%
Af-N
I960
7s
.
i 62%
*62'A
29
M-N
■
♦62
29
36%
25%
1963
1962
B)—
J-D
29
35%
26%
A-O
r
FOREIGN
J-D
34%
*34
sink fund 6s——1962
/
3%s Series No. 4
29.
1
...
71
3%s Series No. 1—
For footnotes see page
34%'/
2O'/4
: /
7 M-S
-M-S
1961
53%
3%s Series No. 2
14
37%
26%
26%
1961
6s
assented
53%
*46%
3%s Series No. 8
29%
34
J-J
26%
71
A-O
/ 3%s Series No. 7.
25%
1
2
34%
1957
assented
1951
63
6
26%
1
71%
49'A
'43'A
:
37'A
26%
34%
J-J
—1961
6'As
6%s
assented
AChlnese
*43'A
J-D
3%s Series No. 3
/
♦65
1978
(Plan
34%
.
55
J-D
1979
37
28%
'•
72
A Chilean
46
1952
External $ bonds of 1944
A6a
71'A
49%
49%
Ry)
(Int reduced to 3.375% )_
59
35%
25%
.
— —
26%
F-A
1993
bonds 2-3s
AGuaranteed sink fund
A6s
60%
'
Stamped pursuant to Plan A
(Int reduced to 3.5%)
funding bonds of 1931 due
Stamped pursuant to Plan A
f $
Sinking fund
A7«
'48%
s
AGuaranteed
80
J-D
(Int reduced to 3.375% U
104%
54 y8
30
/;
107%
'
1963
A6%s assented
93%
1
118
6s
assented
Mortgage Bank
A6%s assented
A
93%
6
A-O
1979
Stamped pursuant to Plan A
85
90'A
49
102'/a
104%
4
26%
F-A
1962
A Chile
100 3*2 100 3^
J-D
1978
.
Extl
100 &
J-J
1955
1941
f 6'As of 1926
91'A
F-A
M-S
1955
external 8s
Stamped pursuant to Plan A
(Int reduced to 3.5%)
AExternal
J-D
1949
6s
f
1966
1962
93'/8
// :
34'A
26%
A-O
Sep 1961
6s
A6s assented
103'A
20-year 3'As
74
sinking fund
AExternal sinking fund 6s
95
99%
2
100'A 101'/a
f 6s
A 6s assented
42
37'A
19
rl05
F-A
—
100'A
s
A6s assented
41'A
42'A
n
sinking fund 6s
A 6s assented
(Commonw'lth) 5s of '25-1955
10-year 3'As
1956
J-J
101%
101%
102%
101
34%
Jan 1961
43
37%
series C
series
f
98%
"99%
2
34%
'
Jan 1961
37'A
45
f 7s
s
65
63%
.
5
*63
1960
3
42%
f
sec
A-O
;
•
*34
*26%
.
38
106% 106%
Feb 1961
62
93
15
43
s
J-J
M-N
M-N
/7' /
102% 103
!
Feb 1961
assented
62
81
„
s
AExternal
f 7s
assented
A6s
—
lAExternal
AExternal s f 7s
s
106%
J-J
H/
& i
*
'
*61
lAExternal
7s
External
102%
J-J
1954
1942
1960
1
AExternal sinking fund 6s
1968
(King of Norway) 4s
fAAntioquia (Dept) coll 7s A
101A 101
J-D
A-O
—I960
4s
101
*100% 101
1942
of)
(City) 8s
(Rep)
IA 7s
1947
Akershus
68
60%
*
— —
F-A
.
1961
(Dominion
25-year 3%s
Agricultural Mtge Bank (Colombia)—
101
M-S
1957
Sinking fund gold 5s
Sinking fund gold 6s__
A Carlsbad
Foreign Govt.
64
♦60
('■
Wertheim & Co.
Telephone
;
*61%
J-D
3%s Series No. 29
3%s Series No. 30
37%
i;
26
29
V
4%
7%
26
(418)
THE
COMMERCIAL
NEW
Interest
BONDS
Exchange
Period
Last
or
Sale Price
Low
Colombia
A 6s
Bonds
Friday's
Bid & Asked
Low
A-0
J-J
f
bonds
1970
1947
a-o
{ASinking fund 7s of
SASinking fund 7s of
Copenhagen (City) 5s
1926
1946
m-n
1927
1947
f- a
25-year gold
ACosta Rica
$
High
1952
(Rep of)
m-n
1977
(Republic of) 4%s extl
Czechoslovakia (State)—
J-D
118
4G
82
78%
35%
2
18
68%
63%
15
8
12%
104'/a
1960
a-o
1942
j-j
*55
59%
5%$
1955
f-A
89%
881/2
4J/2s
1962
A-O
79%
78%
79%
Salvador
extl
(Republic of)
s
f
s
f $
3s
f
$_
extl
s
J-J
921/4
92%
97%
90'A
83%
fund
6s
sink
fund
6s
AExternal
64%
sink
33/4-4-4 Vis
893/4
88%
F-A
88 V2
J-J
*45
50
3%s
J-J
1967
J-J
*13%
15
1949
MS
M-tf
1968
f
s
extl
f
l-3s
"7%
a-o
I960
8%
8 i/s
f-a
I960
5s
s
m-n
73/8
73/4
63%
63%
9
1977
J-J
36%
1977
J-J
32'/4
M-9
51/4
53
5
34%
363/4
90
31%
33%
139
*32
33
J
1001/4
— —
18
1977
J-3
32%
31%
J-J
^Jugoslavia (State
~1951
7s
Mtge Bk) 7s
1957
a-o
1954
——'
54%
-
393/4
Alabama
Power
40%
J-D
161/4
<83/4
50
60
11
37%
11
41
42%
Airlines
debs
6%s_
.Metropolitan Water Sewerage St
Drainage Board 5%s
1950
Mexican Irrigation—
8A4,/2s assented to 1922 agree_>1943
A4V2s small
ANew assented
agree )„1968
ASmall
Mexico
-
6 6 3/4
99%
87%"
983/4
991/2
75 V
87'/4
M-S
86
82
98
973/8
98 V*
983/4
99 Va
94
ALarge
Asman
1945
95
11%
2%s
deductions
1975
A-O
42%
2%s
debentures
1986
J-J
conv
1961
J-D
debentures.
1982
A-O
2%s
102
M-N
—
—
"5
"4%
"4%
J-J
~4i/4
4%
——
"5
agree)~~1953
(1942
if
"9
*8
agreement)
1954
A4s new ass'td (1942
agree)_1968
1922
1910
(assented
8 1/4
J-D
_
__
J-J
1945
1922
*4
—
1933
J-J
(1942~agree)~IIi963
6'A
~6%
—
1958
2008
M-S
1959
M-S
M
..
-(In<; reduced to 2.125%)
2008
Netherlands (Kingdom) 3 3/*
1957
Norway (Kingdom of) 4%s
I„1956
MS
reduced
external
to
f
s
8
9%
—-
'
963/8
a-o
J-D
m-s
38
1
1
25%
reduced
§A8s extl loan
Stamped
'1947
(Int
25%
"5
—
J-J
39 %
41
21
37
1966
J-J
57
.
*100% 101%
19 V*
a-o
83%
971/4
9
80%.
83%
83%
CO
24
80
83
5% ser B (47* fixed
contingent int)—July 1975
gen mtge 5%
(2% fixed
A-O
88
87%
88%
13
83%
&
95%
3%
(2%7o
91%
11
80
1
83
94
10
81%
95
—.
35
*26 Va
19%
27
19%
4s
5
income
-Feb 12010
A
1980
fxd & IV2V0
lien
1st
Con
ref
4s
ser
19
17%
17 V*
11
*15
10%
11%
6
5%
15
j-J
12 V2
12%
6
9%
19
1950
"II196I
J-j
11
11
*38
J-3
6%
15
10%
J-D
10
6
1
*30
,38
2008
J-J
♦28
1946
a-o
a-o
1953
f-a
'< *36%
2012
•f-A
26 V*
27%
♦38
2001
6Va
39
Plan A
30
4s
M
ser
15
14
40
31
29%
39
40
29
29
27%
27
33%
24%
Extension
Creek
to
to
A-O
1999
A-O
1968
J-D
2012
J-D
1966
1st
45
1st mtge
1st mtge
70%
J-J
31V*
29
36 y2
35
38 *
25%
25%
24%
28%
__
8s
to
25%
39%
85%
'"—W
*28 V*
J-D
to
-
Gen
2.5 7c
page
29
1976
-
1st
Bush Terminal Bldgs
5s
Power
1st
J-J
63
Guaranteed
gold
t
Guaranteed
gold
43/4s-
gold
100
102%
87
83
101%
101
90
74%
13
74
83%
45%
17
45%
59%
35%
351/2
103%
104%
100%
102
F-A
*31
a-o
*104
F-A
*100
M-S
103
~4
973/4
115
901/4
22
98 3/8
103
98%
1013% 102
101%
M-N
"
'•
98
98''8
J-J
> 104%
103%
98%
102
:
M-N
V'i'Cr-
a-o
.:,\£ *;
J-J
A-O
;
563/4
14 :•
563/4
50%
100%
'
*102
1
93
93
91%
61%
102
99
5
41
63%
66
72%
63 V*
12
41
633/4
13
95%
113%
102
103 i/s
104%
115%
26
13
1051/4
107%
106'/a 1063/4
3
106%
108%
1955
J-D
112 V*
113%
%
u_195o
M-S
Carolina Clinchfield. Si Ohio 4s_—1965
1121/4 1121/4
F-A
gold •4%s_--_.——1951
* ,' %
•
r *
conv deb stock (perpetual)———
*112% 113%
M-S
Guaranteed
105%
12
112
113%
105'/3 105%
35
105
106%
Canadian' Pacific Ry—1
&
1st mtge
J-J
79
93%
1011/4
5
1063/4
1083/4
1031/4
41
102%
1031/4
100% 100%
94%
!l
991/4
101%
ioiya
101%
93%
943/4
'
107y2 107%
Adirondack Ry—
JACent Branch U P 1st gold 4s^
63
J-J
102
97%
1051/4 105 %
Central
66
97
113% 1141/4
54
47
*103'/4
A-O
99%
*101% 102
M-N
1962
105%
105%
44
55 V*
J-D
-1974
105
106%
46
33%
'
114%
34%
44
V.';>
4
105% 105%
'
F-A
4%s__.i_-__
;
53
60
100
97%
A-O
5s
43%
*60
63 V*
97%
101
1970
5s
gold
-1981
gtd 4s
—1965
3s debs
*52%
J-D
A-O
103%
—I960
1960
F-A
1948
J-D
1995
J-J
61%
Jan 1 2020
May
May
42
1966
A-O
103
59%
53%
*iooy2101
F-A
*75
'
62
75
793/4
751/4
551/8
67%
of
Georgia Ry—
mtge 4s ser A
.Gen
mtge 4%s ser A
Gen
mtge 4%s ser B
Illinois Light
;
Jan 12020
3%s
JACentral of N J gen gold 5s
A 5s registered
—
A4s
*61 y4
J-J
58
Q-J
57%
4s
1987
—1987
registered
—1987
Q-J
.
J-J
60%
42
*108%
1987
—
A General
J-J
7
10
'
'
1957
gold
Guaranteed
Celanese Corp
29%
A
1999
26
Oct 1969
4%s.i.
Guaranteed
Celotex Corp 3y4S debs
3%s debs (1947 issue)
62%
99'/4
104%
451/4
M-N
1976
3s
Calif Oregon Power 3%s
.
Canada Southern, cons gtd 5s A
Canadian National Ry—
Central
J-J
943/4
1023/4
74'%
74%
J-J
1960
gtd
54 y4
*60
—1999
121%
5
82%
*75
*833%
1955
55%
*40%
1193/4
35
99
*1013/4
1952
4s
5s
53
m-n
7
100
'
Terminal
Consolidated
25%
J-J
95
80%
100
102% 102%
—
95
80
10
;;
99% 100
M-N
J-J
1957
Stamped modified 4%3
Bush
27%
.,
a-o
Buffalo Niagara El 1st mtge 23/4S—1975
Buffalo Rochester Si Pgh Ry—
■ <
1st
1950
(Int reduced to 2.5 %)
mtge 2%s
51
53
M-N
(Ernesto) Co 7s
Bristol-Myers Co 3s Debs
1968
Bklyn Union El 1st gold 5s
—1950
Bklyn Union Gas 4s debentures—1969
29%
*403/4
m-n
85%
-
993/4100
100
M-S
July 1970
.1954
*22
1936
external
29%
to Plan A
Stamped pursuant to Plan
see
39%
27
—
*52
2012
8s_
4s
*47
.
73
104% 104%
__
3-1
1961
1960
;
98%
M-N
1955
AC
series JJ
series RR
AInc mtge 4%s ser A
Carthage
a-o
66
1203/s 120%
120%
A-O
F-A
1967
series II
43/4S
4%
J-D
A
2%)
(State)
series
5s
Guaranteed
Plan A
1926
5s
mtge
1st mtge
34 V*
-36%
•
17
87%
*86
a-o
1970
1976
1979
ABieda
46
31V*
-
74%
70%
.70%
J-J
J-J
3%s—1951
f debentures—-—-_——1964
1st
29%
m-n
*43
85%
60 'A
Boston & Maine RR—
v
2%)
of
s
California Elec
1946
75%
2
64%
38%
27
12
64%
793/4-
:/
32
40
80%
793/4
/
M-N
1985
D
mtge 2%s ser J
Cons mtge 3s ser K
(State of)—
Stamped pursuant
For footnotes
14 y*
52%
44%
1951
ref
Cons
A
2%)
Stamped pursuant to Plan
reduced
9%
73
39%
66%
43%
1951
&
4s
Bethlehem Steel Corp—
Cons mtge 2%s ser I
21 Va
8
59%
€534
43%
J-J
Bell Telephone of Pa 5s series C__1960
Beneficial Indus Loan 2%s debs—1961
21 Va
11
33
66%
May
A
cont int) —1980
stamped
Beech
21
19 V*
—
62%
63
153
J-D
Bangor & Aroostook RR—
30%
17%
19 V*
V*
*10V2
m-n
reduced
40
a-o
Stamped pursuant to Plan A
(Int reduced to 2.375%)____2001
A6Vis extl secured s f
1957
Paulo
94
49%
493%
fixed
due Dec 11995
series
(3% %
103
a-o
1963
loan
(City)
110
25%
19%
19 Va
19
89
82
1023/4
a-o
m-n
(Int
35
__
1958
1952
(Int
2
89%
56%
Toledo Cincinnati division
991/2
973/4
55%
contingent interest)—
J
conv
Ref
933/4
973/4
63%
•
7
64
56%
55%
--
49%
36
57
56%
56%
J-D
Pgh Lake Erie & West Va—
963/4
88
7s_.._-_l947
f
of 1921
reduced
571/2
441/2
1011/4
A-O
Series
■
HZ" 1963
to
99%
July 1975
ser A
4s
17*
and
963/8
27
—
19 V*
a-o
Stamped pursuant to Plan A
(Int reduced to 2.25 7c)
2004
7a 1967 stmp pursuant to Plan A
(Int reduced to 2.25%)
2004
a Rome
(City of) 6 Vis
1952
A 8s
1948
mtge
Ref
30
93
pursuant to Plan A
external
Paulo
m-s
1940
s
Stamped pursuant
lAfian
1st
39
30
89
1961
(Int reduced to 2.5%)
A6s external sink fund gold
a Sao
^
30
37
101% 101%
2d ser
2.25%)
de Janeiro (City of) 8s„
Stamped pursuant to Plan A
A7s
1st mtge
38
963/4
*102%
J-D
(City of) 8s
Rio Grande do Sul
•
47 Va
M-S
97
—
m-s
reduced to 2.375%)
AExternal sec 6 Vis
Stamped pursuant to Plan
,
28
M-S
95i/a
—
m-s
JInfc redu°ed to
(Int
r
57 V*
due Mar 1 2000
96 3/a
93%
—
I960
tIARio
'
56 y8
due Mar 11996
573/4
973/4
M-N
(Int reduced to
2.375%)
2001
.1V2S 1966 stmp pursuant to
Plan A
1
1033/4
1st 4s__1948
J-J
K
91
j-d
6s
Stamped pursuant to
*
93%
M
961/4
1959
assented
.APorto Alegre
/■
105 Va
70
Series
95
95
2008
A4 Vis assented
«
104%
101%
98
Series
29
96 3/a
a-o
1967
,
AExternal sink fund gold 8s_-
*
102%
40
94%
S'western div 1st mtge 5%
96%
f-a
1994
(State of) 7s._
Stamped pursuant to Plan A
reduced to 2.125%)
APeru (Rep of)
external 7s
A Nat loan
extl s f 6s 1st ser
:
103
1281/4
117%
m-s
11%
—
a-o
1963
ref 3%s series B
A4%s
122 %
109
5
J-D
'
f 6s
34
102%
3%s
lAPernambuco
■'*
103
102
,
;_1964
11%
—
m-s
1963
(Republic)—
Stamped assented 5s
Stamp mod 3 '/4s ext to
s
92
July 1952
4s
cons
4%s A
54 V*
29
*27
'S v
*27
M-N
1957
A4yas assented
8 A Stabilization loan
81%'-'1
70
102%
1st
8%
A
ANat loan extl
'TV:
79%
M-N
^9%
Panama
i
1995
4s
263/8
—:
.
_1965
extl loan
f external
lAPoland (Rep of) gold
105
79%
70
127
128
116% 116%
A4%s
Municipal Bank extl s f 5sIIIIIIl97o
Oslo (City) sink fund
4%s
-1955
sec
110%
V 104% v
70
-
A-O ;
3/8
10%
50%
"
Plan A
External sink fund 4%s
sink fund
*
116%
A
6%s
to
1043/a
Q-J
106%
Topeka & Santa Fe—
and 3%7p
2.125%)
Stamped pursuant
\
1023/4
104%
A-O
1966
Ref & gen mtge 6%
f 6%s
s
Stamped pursuant to Plan
,
15
gold 4s_i_i
contingent interest) —
Series VG
due Dec 11995
9
M-S
Ext
104 Va 104%
A-O
1969
July 1995
debentures
127
(State)—
ASec external
s
103
50%
*9 '/a
Mlnas Geraes
4s
104%
17
J-D
A-O
1'/4
6
__
*9'/8
— —
a~-o
3/2s
752
104
1959
1962
106%
Baltimore St Ohio RR—
'
-
;E~-
—
J-J
IIZIIZIZZI1952
ASec
109% 1103/a
and
agreement)
(City of) 6 5/2s
(Int
110%
debentures
Atlantic Refining 2%s debs—
—
~8%
*61/2
*6
ASmall
conv
1031/4
84/
1063/a
110%
5%
"
Milan
106
.
B
J-J
ASmall
A
106%
M-N
7%
4
4%
(ass'ld
6s of 1913
A6s New ass'td
J-D
J-J
agree)~iir963
(1942
ASmall
1973
-
SAAtlantic & Danville Ry
§ ASecond mortgage 4s
11
63/4
__
__
—
to
debentures
General unified
ASmall
SATreasury
94
103
to
agreement)
a4as„new ass'td
30
157
July 11995
11
to
1922
99%
99%
Atlantic Coast
11
9
93/4
—
8A4s of
"7%
93/4
«
(assented
981/4
92
;
105'% 105%
Stamped
15%
—
7-J
*81/4
1904
17
Atlanta & Charlotte Air Line Ry—
1st mortgage 3%s
1963
i5ya
.
—
Asman
of
95'A
1033/4
105 V*
General 4s
ALarge
A4s
881/4
101 Va
J-D
Atchison
—
993/8
941%
43
J-D
—
—
Q-J
—
ass'td
52
98
99%
93% /
1987
A P W Products Co 5s
Asmau
New
973/8
98
92
92
157
103'% 103%
103%
76
66
1957
3s
4%
Q-J
ALarge
A5s
98%
,95
140
debentures
Amer Tobacco Co deb 3s
mmmt
::::::::::::::::
1922 agreelll945
8 A5s Assented to
15
86
F-A
•
3%s
100
—
80 '/8
68
993/8
87%
„
Ann Arbor 1st
due
101'/2
68
99%
33/as
*1001/8 100%
—
1968
1899
1001/4
68
M-S
J-D
debentures
108%
A-O
1966
3s
Amer
(Republic of)—
8A5s of
■
.
—
1043/4
104%
30
2%s conv debentures
A-O
1943
(1942
7
"
57
104%
__
106%
*101V* 102%
106
106
A-O
2%s
42%
36%
*1043/8
—
J-J
23/4s
^AMedellin (Colombia)
9%
INDUSTRIAL COMPANIES
AND
M-N
& Foreign Pow deb 5s
2030
American Telephone & Telegraph Co—
23/4S debentures
;
1980
37
281/*
3 Vis
mtge 3Vis—-1972
Albany & Susquehanna RR 4y2s„1975
Alleghany Si Western 1st gtd 4s__1998
Allis-Chalmers Mfg 2s debs
1956
37
7
193
14
53%
7%
*7
A-O
196?
1st
American
•,
1952
Adriatic Electric Co 7s
Southern
26
-
56
F-A
81
6
,7'-
89%
70
12
—
RAILROAD
A
Great
27%
33%
*35
J-D
:
88
81%
1
90
»
,
*75
F-A
1958
assented
Alabama
'
1% to 3%
1958
7s
10%
65
Utility—
7s
readjustment——_1984
101%
16%
—
A4%s
102%
87
79
12%
6
20
♦101
1947
(Kingdom of)
-
——
J-D
101%
86%
82
—-.•
83 Va
1978
B
External
*83
4-4%-4%s extl readjustment-—1973
--
81
37
m-N
—
83 %
3%-4%-4/5s extl conv__
ext 6%s
extl
; ; Credit Institute
A
83%
1979
external
130%
*121
M-N
M-N
61%
(City)
93
130
1979
conversion
extl
11
1937) —
readjustment-
77
AWarsaw
15%
90%
8
*130'%
71
52%
11%
6
...
55
14
5%
'126
M-N
11
11
1
1964
bond of
(S
F-A
56
Italian Credit Consortium
for
Public Works 1% to 3%
•
1960
8
75%
1964
(Republic)
Italian Public
7s
*53'/8
—
23
%
5%
10
extl
♦65
paid
Irish Free State
5 A 7s series
8%
13
extl
sec
of)
J-J
*104 &
14
8
—Jan l, 1976
Helsingfors (City)
Italian
8%
(Kingdom)—
J-J
—
60
13
743/8
10
38
*71/2
81%
45
10
J-D
AExternal
'
68%
601/2
59%
*83%
A 7s part paid
part
60%
2012
J-D
External
(Republic of) 7s
French Republic extl 7s
Greek Government—
A6s
A-O
27c)
to
Jan 1,1976
Jan 1, 1973
AEstonia
55
M-N
—
$
—
1958
b
External
3%s extl
■/;
.
61
—
*60
1962
24
90
gold
4s
—
external
(Prov
26
931/4
gold
El
J-J
assented—/
1958
Sydney County Council 3%s——1957
SAUruguay (Republic) extl 8s
1946
series
26
93'/4
93'/8
External
External
61
J-J
M-N
ASilesia
63
52
66
48
1962
secured
A7s
113%
Stamped assented (int reduced
6%) extended to
JADenmark 20-year extl 6s
58
4
—
60
2004
A4%s
to
i
High
61
•61
US
__19G8
2.257c)
to
reduced
A8s
15%
3
1950
Serbs Croats <fc Slovenes
79
109% 109%
reduced
(Int
84
U
14%
—
833/4
76%
Jan.1
Low
Stamped pursuant to Plan A
47
75%
Range Since
Sold
No.
High
(continued)—
loan
A6s extl dollar loan
47
82
109%
-(Int
44
41%
extl water
Bonds
Friday's
Stamped pursuant to Plan A
47%
41%
v.
..
A7s
78%
42%
46
M-N
1951
7s
Cuba
423/4
*41
—.
*41
j-d
1953
4%s
'•
70
70
__
411/8
42%
•-
80
*73%
—-
a-o
lAColombia Mtge Bank 6%s
*73%
'■
or
Bid & Asked
Sale Price
Period
Low
San Paulo (State)
Oct 1981
Jan 1961
Last
Interest
BONDS
New York Stock Exchange
(Republic of)—
of 1928
A6s of 1927
3s external
s
RECORD
week ended july 29
Jan. 1
No.
Monday, August 1, 1949
CHRONICLE
Range Since
Sold
High
for
FINANCIAL
BOND
YORK
range
New York Stock
&
56 V*
56%
*48 ya
613/4
40
65
62%
42'%
/43
58
234
67%
189
53
40
108
—
49%
72
52
108'/a
78%
491/4
78
48
70
49%
49%
!
Volume 170
Number 4825
THE
COMMERCIAL &
FINANCIAL CHRONICLE
NEW YORK BOND RECORD
RANGE
Friday
BONDS
Interest
New York Stock
Exchange^
»'
•
,
Central
New
Central
York
Pacific
Power
1st ref
'
'
'
3s
Period
'1;'f ^
,
1974
gtd gold 4s_1949
Last
or
Sale Price
Low
103%
to Aug
1 1949)
F-A
1974
General
Ref
101%
103
J-J
/-J
49
1977
F-A
—
128
102%
Ed El 111
97
1973
J-D
102%
106%
1st
cons
gold
gold
4s
1989
J-J
*121
1989
4s
4'As
series
B
J-J
*109%
inc
mtge
F-A
1970
inc
F-A
1997
J-J
1985
M-N
5s
B
mtge 4'As
&
Louisville
&
*99% 100
—
48
46
8
100
102
mtge 4s
A
ser
mtge
4'As inc
conv
inc
Jan 2003
1956
32%
72
72
72
59
9
56%
77%.
47%
47%
5
45%
65%'
35'A
*78
Apr
48%
47%
48%
j-j
88%
88%
88%
21
96
j-j
Apr
1951
90'/a
J-D
J-J
_1963
103%
1st
101
103
J-J
102
102
J-J
103%
103
103%
1962
MS
103'A
103
103'A
1975
A-O
102
101% 102
J-J
F-A
1993
coll trust 4s
Series D 3'As gtd
Cleve Short Line 1st
Cleveland
Union
Gas
104%
102%
102% 102%
*
102'A '
106%
*110
106%
102
111
99
>
Consolidated
1st &
ref
1st &
ref
Edison
94'A
94%
3
93
97
J-J
93
93
1
92'/a
94
mtge
2%s
ser
P
1982
J-J
88%
88%
5
86%
mtge
2%s
ser
Q
2010
J-J
1961
J-J
&
mtge 2%s
ser
96
79,
65%
ser
conv
Continental
Steel
3s
2%s
B
Jan 2044
gold—
Apr
ser
Collateral trust 3%s
States Util 1st M
1968
Gulf
2%s
1976
60
2
95%
67
48 V*
56%
J-J
<•'
97
3
*98
1978
debentures
A-O
*104
103
103%
1969
3s
J-J
*102% 103%
101
103 %
mtge 3s series A
Dayton Union Ry 3'As
&
Delaware & Hudson 4s extended
Delaware Lack & West RR Co—
; * N
M-a
j-j
1970
J-J
1970
j-j
106% 106%
98%
104%
106%
Hudson Coal
1982
1962
J-D
J-D
88
86%
88
104'A
105'A
Hudson & Manhattan
1957
F-A
61'/a
60%
61%
Feb 1957
A-O
26
25%
26 %
994
*106%
__
AAdj
*102%
*__
101%
„
97
96%
Finance
1st
Corp 2%s
105% 106
104%
f 5s
s
series A
1st 5s
A
income 5s
108
104%
103% 104%
102
106%
100'A
99% 100%
98'/a
98%
125
103%
I
Illinois Bell Telep 2%s series A
1st mtge 3s series B
Central
RR—
1981
44%
<39%
100%
98
102% 103'A
101%
A-O
*104% 105'A
*100% 101'/2
Af-S
1970
M-S
1955
F-A
103%
1978
,
J-D
103%
105%
100%
100 %
108
101
gold
4s
1
1951
3'As
1951
J-J
mrnrnm
1st
gold 3%s
1st gold 3s sterling
Collateral trust gold 4s—
Refunding 4s
;
1951
A-O
1951
M-S
1952
A-O
1955
M-N
1952
J-J
Purchased
Collateral
Refunding
lines
trust
3'As
gold 4s
Bridge gold 4s
1950
3'As
1st
gold
106%
Springfield Div
101
104%
J-D
M-N
98
j-j
— —
A-O
103
1966
M-N
1942
J-D
103%
1st
gold
.
*»•>
J-D
mm
27%
*79
25%
J-D
1946
mm mm
27%
18
80%
2
30
*28
;j
.
30
84%
♦102%
F-A
*99%
J-J
*
J-J
100
A
A-O
1978
j-j
"101% 101%
J-D
*104%
1965
J-D
95%
47
52
27
25%
36
80
<30%
29
35
35
2
1963
M-N
98%
101%
102%
91'A
104
*101% 102%
.
'::
&
ref
M
5s
Income mtge
Morris
35
101%
Essex
90%
96%
Ref
♦—.
78
73%
:
87%
1993
M-N
*49%
63%
48
68%
Delaware
Power
division
May 1 2042
&
Light 3s
1973
1st mtge & coll tr 3'As
1977
Denver & Rio Grande West RR—
1st
mtge ser A
1%
(3%
1993
mtge ser A
contingent int)
&
Income
1%
Salt Lake
contingent
Detroit Edison 3'As
Gen
& ref 3s
Gen
&
3s
conv
ref
*__
__
39
<•
J-J
89%
103
69%
104%
106
„
106
89%
Apr
€C
60
60%
int)
1993
M-S
J-D
1982
I
J-J
1966
1970
G
M-S
79
79%
106
102
101%
103
*100%
100
101%
5s
4'As
series A
series
mtge 4s ser
Terminal
Ry
1963
4s
J-D
94%
95%
88 %
88%
1063
ser
J-D
J-D
♦80
100'A 100%
108% 103%
15
96
1970
J-J
*95
1950
Jhl
♦99% 100%
J-D
*90
104%
105'A
109y4
73'A
J-D
*—
67
66
J-D
*65
70
64%
29.
M-S
99%
98%
*89%
£9%
„
99%
93%:
87
78
—
93%
100%:
A
1st
6s
series
A
1952
AAdjustment 6s series A
A 1st
5s
series
98%
100%
!
gold 5s series C
JAInternat Hydro-Elec deb 6s
Int Rys Cent Amer 1st 5s B—
—
—
J-J
71%
72%
27
59
20%
Jersey Central Pow & Lt 2%s
Kanawha & Mich
1st
26
A-O
24 %
25
56
1956
J-J
66'/a
66%
16
53%
67
J-J
66
66%
15
53%
67
1944
A-O
61%
61%
35
60%
71
•'
1972
M-N
97%
100
-f
77
-
♦97% 103
J-D
Kansas
1st
1976
1st gtd gold 4s_._1990
M-a
A-O
67
100% 100%
♦75
2
64 %
1
96%
82
96
100'4
96
J-D
*101% 102%
100%
101 %
-1978
J-D
*102% 103%
102%
102%
Ry 1st 3s -1950
A-O
100II 100 hi
1
100II
_1975
A-O
104% 104%
14
103%
105%
_1968
J-D
104% 104%
2
99%
104%
102% 102%
8
City Southern
mtge 4s ser A
1st mtge
3%s series B
Kansas City Terminal Ry 2%s___ -1974
_1987
Kentucky Central gold 4s
Kentucky & Indiana Term 4%s— _1961
_1961
Stamped
A-O
*114%
J-J
•30
*99
100
99%
102%
114%
50
J-J
J-J
—
J-J
1961
1997
101%
114%
J-J
_1961
unguaranteed
98
100%
108
*97%
108
—
A-O
*178
-1964
A-O
M-a
185
Laclede Gas Light 4%s conv debs—1963
Lakefront Dock & RR Terminal—
M-a
II
*102% 103
1959
173
180
101%
103%
1
%
2
114% 114%
4
107%
116
83%
"2
1
14
96%
88
71
105%
89%
1st
mtge sf
37/es
ser
A
Lake Sh & Mich Sou gold 3%s
3'As registered
1968
1997
1997
1
J-D
J-D
J-D
83%
*80
*
1
■
67
—
City Power & Light 2%s_ -1976
mortgage 2%s
:
74%
1956
July 1952
B
A 1st
—
93
100%
64
J-D
M-N
86
106%
98%
1995
Detroit Term & Tunnel 4'As
1961
Det Tol & Ironton RR 2%s ser B—1976
4
■
110
9
1995
108%
92%
•
82
43
1
page
77%
1958
—
Detroit & Mack 1st lien gold 4s
A Second gold 4s
45
81%
A
Kings County El L & P 6s.
Koppers Co 1st mtge 3s
JAKreuger & Toll 5s ctfs—
19
107%
105% 106
„
_„1963
C
D
Plain
2
*108
105%
100%
*101% 102%
Imp 2'As ser C
1986
^International Great Northern RR—
4'As
2018
series
For footnotes see
52%
fixed
series H
2%s
♦104%
J-D
56%
—
series
debentures
A-O
55%
(4%%
(3%
mtge
56%
fixed
contingent int)
Alncome
Denver
M-N
100%
F-A
1951
&
Kansas
M-N
4-6s
102 %
99%
100
102%
9
.
1973
due
&
Tr
Coll
100%
—
100%
102
J
C
ser
100%
104'A
102
92
88%
100
105%
__
102% 102%
107%
103%
Indianapolis Union Ry Co—
101%
26
*102
A-O
103
103 Va
„
100
—
.
101%
Indiana 111 & Iowa 1st gold 4s
V
105% 105%
77
100%
Jamestown Frank] & Clear 1st 4s—1959
1975
85'A
101'A
103%
31
mmtrn
105%
101%
/
93%
"
J-D
85
103
103%
*100
103
79
25%
*28%
—
'mm
101%
100
__
♦100% 101%
108
99
96
Illinois
ref
♦100%
J-J
101%
T.
44
42
&
ref
70
—
Chic~St""iT& N~0—
1st ref
1st
1st
101%
J-J
100 %
15
*40
Joint
103
101%
3%s„_1951
*
—
105%
:
*94
—
j-j
1946
103
102% 103%
—
—
J-D
J-J
104
*101% ioi"%
98%
98% 101%
102% 105
102% 104%
10
103
J-J
\ 94%
4
107% 107%
107%
M-S
6
15
104% 105
104'A 104%
J-D
1975
98%
101% 101 %
'mm —
105
and
*35
104% 104%
1951
Western Lines 1st gold 4s
111 Cent
— —
--
♦101%
104%
303
•
F-A
104'/a
106
100
104%
1951
103%
—
96
103
1951
3s
gold 3s
—
11
*__
♦101%'—
J-J
Rppicfprprl
A-O
1968
Gold
7
J-J
104%
St Louis Div & Term
Div
102
100%
Omaha
99% 100
97
102%
104% 104%
102%
M-S
8
3
101% 101%
106'A
104%
-101%
104% 104%
104%
106%
*—
26%
1011/4
104
A-O
67'A
19'/a
M-N
104
1965
96
55
F-A
101%
*106'A
79
M-N
102% 102%
*102%
99
16
107
1953
106'A 106'A
F-A
125%
95
1955
J-D
J-J
98%
121 %
1966
5s
A-O
105% 106'A
96%
1
6
98%
rnmmm
Debenture 4%s
*106
105%
V-98%
:
--
gold
Extended
Div 1st gold 3s
1951
Louisville Div & Term gold 3'As_1953
F-A
2
98%
125
„.
1st
50%
100
106
107% 107%
;
J-J
1st
43%
*98
M-S
"M
I
106
A-O
x-O
M-N
/.i
101%
A-O
A-O
99
K
101%-
Y Lack & Western div
1st
95%
r
1999
1965
B
ser
2%s debs
Co
99
Household
A-O
61
mm-m
-mm mm
>•:*__
Hocking Valley Ry 1st 4%s—_
1978
1st
■
74
101'/a
M-N
..
Dayton Pr & Lt 1st mtge 2%s
1st mortgage 3s
57%
Hackensack Water 1st mtge 2%s„1970
1961
103%
101%
2
69'A
6 9'A
62'A
1952
§ A Deposit receipts
§A7'As series A deposit rets
5 A 6s series B deposit
receipts
100% 100%
101'/a 101%
A-O
87'A
1965
debs
1st
1st 5s
1969
68%
1963
mtge 3'/8s
§ A Cuba Northern Ry 1st 5'As
§ ADeposit receipts
ACuba RR
.J-J
D
50
1979
1st mtge
Baking
J-J
A—July 2015
ser
seris
1975
78%
1972
Consolidated Natural Gas 2%s
Consumers Power
B
61'/4
F-A
100%
—
70 %
10%
7
10%
*101% 102%
79'A
1972
mtge 3s ser E
debentures
62%
*75
1977
C
7%
,
M-N
1982
D
A-O
'"mm'mm
■
—
86%
54%
*
Feb
1959
80%
96%
——
83%;
68
*65
94%
'
95%
RR—
series
,Gen mtge inc 4s
Feb
—.
90
75
11
80
95%
1990
1951
B
mtge 2%s
3s
1st & ref
Ohio
4s
ref
1st mortgage
92
York—
1st & ref
series
A
*__
99
1961
A
1st &
ref
ctfs
1999
New
118%
J-J
Litchfield
ser
123%
1990
1978
of
110%
120
2000
54
1971
108%
116
—
60%
1977
mtge 2%s
123
*117%
N
3s
Commonwealth Edison Co—
Cigar Corp 3'As
_
O
Cairo
Consolidated
J-J
53%
1974
:
11
J-J
1976
101
ser
102%
83%
1973
Conn Ry & L 1st & ref
4'As
Conn River Pwr s f 3%s A
10
123'/a
J-J
1973
87
99%
ser
1st & ref 3%s
96
System, Inc—
1st mtge 3s series L
1st mtge 3s series N
3s s f debentures
108% 108 Va
.1952
.
i
82
j-j
198O
debentures
11
84%
3'As
;Gen mtge inc 5s
101%
Corp—
Columbus & Sou Ohio El 3'As
Columbus & Toledo 1st extl 4s
100% 100%
3'As
Illinois
debentures
*83%
Jf-N
mtge
1st
100
1973
Columbia Gas & Electric
Corp—
3'As debentures
M-S
J-J
1964
Fuel & Iron
1st mtge & coll tr 4s
65'A
59
104%
mtge
Gulf Mobile &
?
1977
(stamped modified)
Colorado
Columbia
102%
Co—
1st mtge 5'As series A
1st mtge 5s series B
1st mtge 4'As series C___
Colorado & Southern Ry—
B
4'As series D
Greyhound Corp 3s debs
102'A
j.jj
'*
1972
Terminals
1969
1991
1959
gtd 4'As
102%
45%
-
Gen mtge 2'As ser R
AGreen Bay & West deb
.ADebentures ctfs B
106%
68
Cleveland Electric Ilium 3s
1st mortgage 3s
Cleveland & Pittsburgh RR—
45%
Gen
102
102%
103% 103%
J-D
Div
101 '/a
72%
1952
1977
104%
103
47%
Gen
103%
65%
1993
4s
102%
101%
—
Gen
'<
6
*81
1st
General
'
66
J-D
B
45%
104% 104%
Co 1st mtge 2%s_1965
Ry Co— '
General 5'As series
General 5s series C
98%
65%
1961
Louis
102'A
Louis Ry—
Div
:
80
City Investing Co
Mich
102% 103%
*102%
47%
Realty & Utilities Corp—
(B F)
Great Northern
107%
88%
74%
95
series
106
4
F-A
&
91%'>
79
J-D
5s
86%
—
1969
impt 4'As series E
103
ref 5s series A
Goodrich
76%
—
1974
Wab
59%
mm-m
*101%
—
1966
&
General
47
,:,V
1973
debs
1953
65
54
19
*99% 101%
Cincinnati Union Terminal—
1st mtge gtd 3%s series
E
1st mtge 2%s ser G
City Ice & Fuel 2%s debs
gold 4s
2000
3'As
103%
48%
38%
4
91%'
1963
4s
1st mortgage 2%s
Cin
mtge
'«
ACertificates of deposit
Francisco Sugar coll trust 6s
45
Station—
4s
1st
1990
Gen
J-D
j-j
1st & ref 4'As series D__
Cine Gas & Elec 1st
mtge 2%s
Ref
11
&
27
/
*102% 104
J-J
1st mtge 3'As series F
1st mtge 2%s ser G
General
96%
107% 107'A
__
J-D
..1994
St
1971
Div
A 1st
94%
Ry—
A_Jan 2019
___1994
&
1964
A4s conv inc debs
1989
conv
Jan 2015
Firestone Tire & Rub 3s debs_.
^Florida East Coast 1st 4'/as
51
96
130
Jan 1 1999
1951
Chic
33
82
l
..w.:
53%
2%-4%s
Cin
35'A
81%
43%
1994
Wqst'n Indiana
A
ser
87
52%
ser
inc 4%s
120%.
75%
43
& Pacific
4%s
mtge
75
118
'
57'%
—
105'A
106'A
1st 5s
1965
46%
14
j.j
Memphis Div 1st gold 4s
1951
Chic Terre Haute & S'eastern
Ry—
1st & ref M 2%-4'As
General
W-mm
98%
79
«...
J-J
101%
& Southwestern
stamped
1st cons mtge 3'As ser E
1st cons mtge 3y8s ser F
1st cons mtge 3y8s ser G
1st cons mtge 2s ser H
78%
59
1965
Paso
Erie Railroad Co—
101
71
2
*120'% 125
52%
& New Orleans 5s
Chicago Union
23
43
Gold 3'As
Income
34%
Apr
mtge 4s series A
Chicago St L
33%
Apr
mtge conv inc 4'As
1st mtge 3s ser B
conv
33%
—Jan 1 2044
2nd
AGen mtge
94%
J-J
"
Chicago & North Western Ry—
Chicago Rock Island
98%
J-J
112%
105
Ohio
1
11
J-J
111'/a
1970
Gen
1994
A__Jan 1 2019
ser
B
ser
111%
96
Af-N
Jan 1983
Southern 4s
Gen
111%
95
—
--
49%
1995
5s
110%
109
4
99%
49
101% 102
El
122%
109%
109% 109%
98%
98%
High
97%
30
(NY) 1st cons gold 5s
Elgin Joliet & Eastern Ry 3'As
106%
109%
—
Ry—
Chic Milw St Paul & Pac RR—
4'As
1041/4
118
127
*110%
109%
J-J
Jan 1 2038
mtge 4s inc ser A
A2d mtge 4'As inc ser A_
Chicago Indiana
30
RR—
conv
ser
F-A
—1985
111
—
r
J-J
1977
A 1st
Deere
Jan. 1
Low
East Tenn Va & Ga Div 1st 58—1950
97
ref
Crucible
Range Since
Sold
No.
1011/4
122%
3
Chicago Ind
3s
1961
1937
Bonds
High
1051/4
100
*128% 130
Chemical 2.35s debs
$§ADul So Shore & Atl gold 5s
Duquesne Light Co 2%s
102% 102%
106 % 106%
Div
AGen
3s
Dow
101%
99%
1
or Friday's
Bid & Asked
Low
102%
E
Chicago & Erie 1st gold 5s
1982
Chicago Gt West 1st 4s series A___1988
3 'As
99%
Week's Range
Last
Sale Price
■
F-A
1st mtge 3%s
4'As
104
,*
.
.
1996
series
imp M 3%s series H
AGen
St
High
Period
impt M 3'As
Chicago & Eastern
Cleve
:
Interest
^
New York Stock Exchange
38
consol
&
102%
BONDS
-
102%
ref mtge 3'/aS
& ref mtge 2%s
Chic
15
^
102
1st &
1st
Low
*101% 102
..
1st
No.
103% 103%
Friday
1
Jan. 1
102
&
1st
...
—
M-S
Chicago Burlington & Quincy RR—
General 4s
—1958
1st
*101%
J-J
'
29
M-N
A
&
2d
1965
JULY
1996
&
Ref &
R
F-A
1992
ENDED
Impt M 3%s series D
&
Ref
3s
gold 4'/2s
WEEK
Range Since
Sold
High
—
F-A
1968
1st mtge 3%s ser B
Champion Paper & Fibre deb
Chesapeake & Ohio Ry—
Bonds
103% 1037/8
*99 §2
1st & ref-series A
(4%%
Friday's
Bid & Asked
•
A-O
FOR
Week's Range
82
81
96%
74%
90%
28
COMMERCIAL
THE
(420)
&
FINANCIAL
Monday, August' 1, 1949
CHRONICLE
NEW YORK BOND RECORD
RANGE
Friday
Period
Exchange
or
Sale Price
Nitrate
Aist
mtge
income
4s
4 Vis
C
A 4s series
Miami
85
P-A
65
65 Va
32 Ve
33
M-N
32%
Jf-N
32
M-N
Jf-N
Jf-N
41%
30
40
84
32
46%
5
41%
—
—
mm mm
*26%
— —
56
A-O
106 Vi
M-N
•
-mm mm
74
'103
'
123%
106%
J -D
106%
106% 106%
4
106%
108 Va
104
104
104 Va
3
102%
104%
1966
U-8
108 Va 108%
19
106%
108 Va
1971
M-a
A-O
*79%
80
A-O
97%
98
.1980
Jf-fl
8t
Louis Dlv
Atl Knox A
2d
H__
ser
gold 3s
Cine Dlv 4s_
A-O
89%
87%
94
76%
83%
97%
99%
92%
93%
92%
M-M
.1956
15
~6
89%
88%
"e
108% 108%
70
1954
J-D
*85
S2
92
M-N
*83
85
85
61
61
101% 101%
M-N
1973
debentures
100% 100%
102 Ve 102 Va
M-N
*102%
—
A-O
106%
4a
100
106% 106%
M-fl
108%
M-fl
•
99%
66
107% 108%
15
08%
*105
A-O
A-O
93%
*102
J-J
100%
102%
'
mmrnm
108%
101%
mm —
42%
20
41
70%
22
66%
/-J
76
J-J
/-J
64%
an.
66
60
64%
68
i
76%
64%
€0
A-O
73
1974
*100
P-A
100 %
80
7
83
87%
12
81
96%
41
95%
mortgage
1978
'
—mm
•
•
♦..
M-a
.1878
3s
♦101%
'
101
987/a
H
98 Va
M-N
■■
~
85
85
86
45%
45%
46 Vi
M-N
85%
85
85%
86%
24%
24%
25
85%
86%
85
86
M-M
M-M
1980
A-O
H
1981
85
1991
1M
1959
m-m
101%
97
mm—
—
—
—
107
~
2000
J-D
195*
3^s
M-M
75
*53
1
107
105%
P-A
1978
3%s
75%
29
75%
75%
88%
56
104
50%
54%
1970
73%
73%
70
1986
96%
1979
A-O
series P_
J-D
.1980
2%s
ref
ref
&
M
Tel
3 Vas
Tel
&
J-D
A-O
A-O
debentures
debentures
A3 %s
3s
Cons
Conv
103%
105%
98%
100%
"l
101%
89%
101% 101%
*98% 100
.1961
3s debentures
~
M-N
.1982
S-O
104%
Af-S
103%
j
.1974
Telephone" 3 %sl~~"
117% 117%
J-J
1988
N J Junction RR
gtd 1st 4s
.1986
New Jersey Power
A Light 3s_~~" .1974
New Orleans Great
Nor 5s A
.1983
8
103% 104%
7
103% 103%
5
*106%
P-A
117
99%
105
J-J
*100
102
98
*104%
A-O
62%
11
953/4
7
100%
1043/4
1
106 Va
104%
104 %
104 Va
—
62%
103
100%
__
61%
81
52
J-D
103
A
102'/a 102%
102%
A-O
P-A
J-D
J-D
A-O
J-J
89
A-O
1003/4
102%
116
99%
.1980
10
89%
.1984
99%
J-J
A
4 Vis
J-J
A-O
ipm
deposit
——
'
103% 103%
'
4s
1963
1960
aer
1980
113%
83
95%
16
96%
M-N
Certificates
A 1st
5 Vis
of
series
93
92%
36
85%
101%
89
89%
43
84%
101%
99 Ve
99%
82
98%
102
76
3
109% 110
33
,
52%
75
106%
51%
*11
Apr
*103%
6
50
14
10
103%
—
101 % 101%
25
96
P-A
1954
series
B
.1977
J-J
.1961
J-J
.1971
114
3 Vis
93
J-D
♦._
1st mtge 3s ser P
N Y Connecting RR 2%s ser B
N Y Dock 1st gold 4s
A-O
1999
P-A
53%
52%
92
106%
110
104%
106 %
99%
101%
M-M
102% 103
3
100%
103%
M-N
101% 101%
7
99%
102%
118
1st A
ref
2%s
.1981
J-D
101% 101%
12
99
101%
104%
1st &
ref
2%s.
.1970
P-A
103% 103 %
20
101%
.1937
J-J
48
7%
32
7%
5
101%
i
ISAPhilipplne Ry 1st
A
Certificates
a f 4
of
deposit.
Phillips Petroleum 2%s dobs
Pittsburg Bessemer A L Erie 2%s
Pgh Cine Chic A St Louis Ry—
,
75
103%
101 Va
♦101%
10 Va
8
10%
9
1964
P-A
1990
J-D
1953
J-D
103
103
Mtge
Mtfi*
4s
4s
series
aerW
B
4Vis series B
100%
104
105
107%
.1957
M-N
*105%
105%
105%
Cons gtd 4s series H
.1960
P-A
*103%
103%
gtd 4%s series L
.1963
P-A
*108% 111
108%
113%
Cons
-
gtd 4%s series J.
.1964
M-M
*109%
110
114%
*102% 108
88
'v
.
95%'
89%
93
For footnotes
see
page 29.
—
103%
Pgh Cine Chic & St Louis RR—
12
88%
95
Gen
mtge
5s
series A
1970
96%
107
mtge
5s
series B
1970
A-O
98%
98%
3
97
108
88%
1
85 Va
92
Gen
mtge
3%s
1970
A-O
76
76%
9
75
96
96
4
92
97%:
—
:
__
_
;
93
50
61%
115
52
66%
59%
73
~
56 Va
56
56%
62%
62%
63%
J-J
71
71
71
78
,
3%s
J-J
67%
67%
54%
—
54%
P-A
P-A
Il990
P-A
—
*52
P-A
--
*50Va
55
J-D
68%
»
52
..
11
64%
52
61:
50
56%
,50%
49 Va
—
60%
58
.—I960
1st
1980
A-O
1951
P-A
J -J
.
—
w
M-N
81
92
92
1902
P-A
•107%
107%
109
1974
1st gen 4%s series D_
1977
Pittston Co 5 Vas lnc debt
1964
Potomac Elec Pwr 1st mtge 3Y48—1988
J-D
1st
1
,
gen 5s series B
1st gen 5s series C
M-M
90%
93%
1st
100 Va
9
99%
86%
Public
3s
Service
♦100%
J-J
*106
&
Gas
65%
66 Va
106%
108
102
102%
Af-N
1956
M-N
M-N
*__
104%
104% 104%
—
71%
71%
7
..
100
1st & ref mtge. 3%s—
.1968
J-J
*107% 109
100
lst
A
.2037
J-J
*147%
'72%
1st
A
J2037
J-D
*217
M-N
*104% 106%
71
81
1st
A
ref
ref
mtge 3s
mtge
mtee
8s
3s
99%
99%
99%
101%
104%
Co—
debentures
ref
107 Va
*102% 103 %
62%
„
100%
106
*102% 103%
108
100
-
27
99%
—
108
J-J
.1903
Elec
92%
106%
P-A
1984
Providence Terminal 4e
101
J-J
1983
mtge 2%s_
100
—
1977
.
81%
J-D
95
—.
95
66%
103
80%
11
*
*83
103
99%
10
41
#_
J-D
100%
100
12
93%
•91%
102% 102%
100
83%
88%
99%
J-J
A-O
83%
88
85%
1950
83%
98%
100
101%
83%
94%
♦100
99%
A-O
43
100
100
*99% 102
A-O
92%
Jf-N
89
r
M-N
1950
mortgage 3%s
1st mortgage 3s
88%
A-O
_1975
14
1959
1st
97
98 Va
mtge 4%s series A
98
98
98%
1st mtge 4%s series B
75
3
—mm
•
1st mtge 4%s series C
1960
Pitts Youngstown A Ashtabula Ry—
81%
53%
1980
5
debentures
Pittsburgh Steel 1st mtge 4%s
Pittsburgh A West Virginia Ry—
.
*
J-D
Pittsburgh Consolidation Coal—
95
85
54%
series K
Plttsb Coke A Chem 1st mtge 3%8-1964
.
1999
1973
99 %
92%
A-O
1997
1973
10
97
88%
ZZl990
__
N Y Lack A West 4$ series 9
10%
103%
Cons gtd 4s series P
Cons gtd 4s series G
105%
10
A-O
2043
A
103 %
91%
__
V—
2000
N Y A Harlem gold 3 Vis
116%
107
104% 105
104%
.1974
103 Va
——
1999
registered
101%
Gen
Ref A Impt 4 Vis series A
2013
Ref A Impt 5s series C
2013
N Y Central A Hudson River
RR—
General mtge 3Vis
1997
New York Chicago A St Louie—
Ref mtge 3 Vis ser K
%
16
.1907
deposit
3Vis registered
Lake 8hore coll gold 3 Vis
3 Vis registered
Mich Cent coll gold 3 Vis
61
104%
2%s
11
—
M
A Certificates
of deposit
Mew York Central RR Co—
Cons 4s series A
87
111
A Wash RR Cfc—
5s
'
v—.
£909
A
110
89 %
W-A
D
106%
89 Va
76
110
P-A
1974
Rv
12
99'A
98%
A-O
Apr 1990
1974
ext
4s
Marquett*
J-D
114% 114%
,.100% 101 Va
99
101 Va
2%s__
1
101% 102
—
1950
series D
103
2%s
Certificates of deposit
A 1st
103%
26
ref
nj—
C
104%
102 Va 103
■
series
69%
102
104
♦100
—
A-O
.1981
series D.
Eastern
A
*103
M-N
Cons
J-J
.1953
5s
101
ref
'
ma
series B
98%
37
ref
tuv
mlcijuu
101%
105 3/8
93%
A
106
103%
98%
103%
59
*103% 104 Va
—
100
1st A
1st
103%
75
♦104% 105
95
1st A
103%
*75
M-N
106% 106%
mmmm
mmmm
.1960
General gold 4%s series C—
Philadelphia Co coll tr 4%i
Philadelphia Electric Co—
102
103
__
104%
M-N
.1960
debentures
conv
General
-
3~~"
104
J-J
.1960
A
B
3%s
deb
Phila Bait
101%
103 %
101%
J-D
M-N
j,
104% 104%
98%
100% 101
«...
.1952
series
series
Gen mtge 3VaS series P.
Peoples Gas Light A Coke Co—
104 Va
16
*103
98%
immm
1960
mtge 4%s series M_
A Income
104%
23
•104% 105
98%
M-N
1902
sinking fund 4%s.
75%
A-O
100% 101%
;•
104 Va
RR—
96 Va
A-O
101 Va
.1950
debentures
f
s
Grn
103 Va
—mm
.1988
f gold 4%s_
s
income debentures—1900
81%
1
104
.1970
1st
conv
Pennsylvania
per*
.1954
A 111
105
99% 100
-
J-D
1985
debs
2%s
J-D
.1982
R.
ser
.1987
4%s
104% 104'%
104
.1981
A
General
J-D
101%
104
58%
99%
104%
1
■■'rnmm
5s
83
101 Va
J-D
4%s
6
101%
20
.1977
3s
Peoria A Pekin Union By 5%s
89%
25
series N
& ref
General
101% 101%
103% 104%
104% 104%
J-D
J-D
General
♦83%
104%
104
1974
.1979
..1980
62%
J-D
106%
105
102%
series
104%
P-A
106
102 3/„
205
'
series
102%
100 V4
1
1
im
3s
91
5
'104% 105
93%
105
3
—
104%
ref
65
5
70
96%
103%
134%
J-D
&
70
1
95
99
104% 104%
106% 106%
J-D
.1971
series K.
50%
42
1
10
3s
103%
54%
98%
ref
101
53%
__
J-D
debentures
88%
94
98%
104% 104%
--
A-O
&
Pennsylvania Glass Sand 3%s
1960
Pennsylvania Power A Light Co—
1st mtge 3s
1970
27%
29
104%
96
J-D
.I960
Gtd 4s series E trust etfs
88 Va
%
163/4
100%
10
14
Pennsylvania Co—
88%
75%
20
10 Va
14
98%
13%
A-O
1975
Electric 2%s
A
mortgage
15
104%
98 %
104%
M-N
debentures
46%
'101%
M-N
1st
A 1st
--
107
Pennsylvania-Central Airlines—
88%
37%
82
/'
Jf-N
2%s
75%
145
I1955
goia *s
& Tel Co—
of
^80
97
104 Va
J-J
3Vas
80 Va
59
-•
293
86%
104
P-A
.1967
A Certificates
99%
r-4 O O
•
Bell Telephone—
debentures
Paducan
A 8t Louis
oc
95
95
103%
'
3%s
U 72
.1965
; v —v—
A 1st 5s
88
8
100 % 100%
A-O
Pacific
69 Va
1
69
P-A
1949
& Nuruneaaiem
Ref A Imp 4 Vis series A
87
61%
72%
20
Power Co—
1977
1st
85%
64
8'.
U>
V
M4
~197i
New Orleans
87
64%
54
——.
78%
1st A ref 2%s series Q—
74%
79
.1974
Jersey Bell
87
96%
1st mtge 2%s—
1st
53%
69%
.1970
New
87%
96%
58
78
1st & ref 3s
87
84%
42%
69%
1975
gtd 4Vis series B
3s debentures
56%
1st
102%
1970
ist
943/4
22
1st
105
1986
xvxv
4
60%
*57
A-O
Peoria
.
106%
101 Va
95%
60%
M-N
1st A ref 3s series J.
N
England Tel
107 Va
97
95%
•
78
J-J
3s
New
51
P
62
49
•
1905
Constr M 4 Via series B_
Uo"D
Chattanooga
129%
112 Va
105
—
99% 100%
J-J
1st A ref 3%s series I
100
98
105%
1977
Mohawk A Malone 1st
gtd 4s
Monongahela R> jy4s series a
Morrell (John) & Co 3s
debs
Nashville
85
128
112
Pacific Gas A Electric Co—
:
gf &*** Tel A Tel
debentures
_2
112%
--
-1970
3VsS
Jan 1967
hist A ref 5s series G
Conv gold 5 Vis ser A
3 Vis
—
100%
-2047
100
102
*79%
J-J
J-D
logo
A
109 %
72
'
'
1870
1st
1970
D
A
£££!??* series
*!?
Constr M 5s
104 Va
108 %
75
129 Va 129 Va
*__
J-J
•27/8s
Alat A ref 5s series P
&
'
101%
•
106%
0
-
81
105%
2
*45
series B
ref gold 5s series
ref 5fl series I
129%
.2047
106%
10
M-N
1st A ref 5s series A
A General
4s
A
*73%
Q-A
95
A
A 1st
-
103 Va
17
108% 109 %
J-J
Oregon-Washington RR 3s ser A—1960
"4
1940
1902
IMlssourl Pacific RR Co—
— *»
2047
mtge 2%s
1st
(Wise)
RR—
4Via aeries
75
101
2047
Oklahoma Gas
72%
72%
"i960
A
adjust 5s aeries A
22
97%
60 Va
102%
103 Va
8
100
100
J-J
Minnesota Mining A Mfg 2%s
1967
Minn 8t Paul A Sault Ste
Marie—
1st mtge 4Via lnc aer A
Jan 1971
A Gen
mtge 4s lnc aer A
Jan 1991
Mo Kansas A Texas 1st 4s
1999
lien
35
16
*104 Va 105%
mm'—
103
100
M-N
1st mtge 3% 8
18 A Midland of N J 1st ext 5s
—
M-a
4Vis series C
~1979
Michigan Cons Gas 1st mtge 3Via.l969
1st mtge 27/8s
1988
A Cum
46%
14
'
69 Va
—
Q-P
1975
1st
impt
40-year
67
35%
28
mm—
mmmm.
■mm—
*105% 106%
Q.J
.Jan 1 2047
3s;
tOgdensburg A Lake Champlaln Ry—
SAlst guaranteed 4s
1940
1974
Ohio Edison 1st mtge 3s
1st mtge 2%s
1975
97
5
—1951
Jack Lans A
Sag 3Via
1st gold 3 Via
Prior
16%
100% 100%
—mtm
Q-J
100 Ve
8
J-D
Michigan Central-
1
35%
97%
107%
—
100%
M-N
100'/a
J-J
igng
Prior lien 5s aeries
;
63%
106
35
*__
1974
1st
917/a
61
4a sink fund__Feb 11957
(Southern Lines) 4a
1959
Missouri-Kansas-Texas
*__
•__
A-O
71%
70
Corp 1st mtge 3s
i960
Metropolitan Edison 1st mtge 2%a 1974
Michigan Bell Telephone Co—
%
50
54
101%
67%
J-D
Mead
A
100%
1
M-N
i960
May Dept Stores 2%a debs
Ref
4
1979
Manatl Sugar
3Vis
4
11%
A
Macy (R H) A Co 2%a debs
Maine Central RR 4Vis ser A
1st mtge A con 4a aer B
RR
101
*12%
—-m
1997
.
States
Northwestern
Manila
E
2%s
mtge 3s—
1st
98%
96
J-J
1st mtge
3VaS
5
4
'
105% 105%
J-J
P-A
4%s
trust
(Minn)
M
2%
J-J
1997
4s
lien
Northern
109%
107%
6%
53
A-O
1971
impt 4%s series
Impt 5s series C.
impt 5s series D.
Ref A
Coll
62
21
100% 101
J-J
registered
Ref A
Ref A
.2003
3%s
J-D
1982
registered
jS
101%
7%
3%
Pacific Railway—
lien
4s
P-A
7%
M-a
5s—
4%s series A
ref
A
Prior
General
A-O
.2003
M
103%
2
7%
3Va
101% 101%
M-N
M-N
M-N
50%
1963
.2003
ref
48%
A-O
Louisville A Nashville RR—
&
33%
ser D—
Falls
Northern
1951
1st A ref M 3%s aeries P.
1st A ref M 2%s aeries G
316
J-J
103
26%
1st
39
M-N
108%
103
„
36 Va
I960
Gen
120
14
106% 106 %
37%
M-N
AGen
32
61
67
122
69%
May
1943
—-
32
56
P-A
3s
mtge
Niagara
High
244
mtge 5s conv lnc
;
2014
Norfolk & Western Ry 1st gold 4s_1990
Northern Central gen A ref 5s—_1974
.
Low
60
P-A
series P
Power 3%s—
Norfolk Southern Ry Co—
27
Jan. 1
Sold
58
1981
Ref
56
27
—
67
►
A-O
A-O
•
—mm
*32
1st
Y Telephone 2%s
Ref mtge 3VeS ser
Range Since
No.
59 Va
..1940
5s_.
gold
High
J-J
1937
4%s
gold
gold
mm mm
— —
•25
—
—
4s
5 A Terminal
N
*48
..
{A2d
49%
35
15
1954
J A General
42 Va
31
*55
1959
Lorillard (P) Co deb 5a
3s debentures
Louisville Gas A Elec 3Via
1st A ref mtge 3a
41%
34
—
1963
A
72%
30
32
40
—
60
35%
34
34
70%
8
7
32
A.2022
4s
General
Asked
Chester—
Port
A
1950
2%s__1975
N Y A Putnam 1st cons gtd 4s
1993
N Y State Elec A Gas 2%s
1977
N Y Steam Corp 1st 3%s
1863
IN Y Susquehanna & Western RR—
{A 1st refunding 5s
•
1937
A
93
189
34%
River
N Y Power A Light 1st mtge
56%
mm'
2007
mtge 4s ser A
mtge conv lnc 4%s ser
|AN Y Ont A West rel 4s—June i»«2
06%
75
23
62
65 Ve
2003
7a aeries
mm
J-J
2003
4a aeries A
gen
ref
A
A Gen
101%
78
mm''
—
Bonds
Friday's
RR—
A Hartford
Haven
Harlem
97
91%
Y New
1st
93 Va
99%
75
•70
2003
Electric
V
P-A
Lehigh Valley Terminal Ry ext 68.1951
Lexington & Eastern Ry 1st 5a
1965
Liggett & Myers Tobacco 5s
1951
A Lombard
*81
2003
A5s series P wl
—
■mi
'6
100
2003
1
w
D w 1
A4Vis series E wl
Little
*98
or
Sale Price
High
88
33
95
*92%
—
2003
series B wl
series
5s
1
91%
/-A
2003
w
91 Va
Period
Bid &
low
let
.2003
mtge 4s ser A
cons
A-O
2003
modified
stamped
Gen
Low
No.
High
P-A
.2003
registered
4Vis stamped modifled4Vis registered
6s
9) Ve
DM
.1970
reg.
Week's Range
Last
Interest
BONDS
New York Stock Exchange
Jan. 1
M
Lehigh Coal A Navigation Co—
8 F mtge 3 Via aer A
.1970
Lehigh Valley Coal Co—
5s 8tamped
.1954
5s stamped
.1964
5a stamped
.1974
Lehigh Vai Harbor Term gtd 5a
1954
Lehigh Valley Ry Co NY 4 Via ext_1950
Lehigh Valley RR—
4s stamped modified
2003
29
Range Since
Sold
Ltd-
Co
JULY
Friday
Bonds
Friday's
Bid A Asked
Low
Lautaro
ENDED
Week's Range
Last
Interest
BONDS
New York Stock
WEEK
FOR
:
..197 J
__
225
28
107%
109 %
146%
148
215
220
104
105 Va
't.
Volume 170
Number 4825
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(421)
NEW YORK BOND RECORD
RANGE
!/ t
Friday
.
BONDS
Interest
New York Stock
Last
Period
Exchange
FOR
WEEK
ENDED
JULY
29
Week's Range
or
Sale Price
Friday
Friday's
Bonds
Bid & Asked
Low
Range Since
Sold
High
BONDS
Jan. 1
No.
Low
Last
Period
Sale Price
2%s
.1964
deb.
J-J
High
Low
100%
__
J-D
—
Tri-Continental Corp 2%s debs
*102%
1961
M-S
—
—1971
M-N
—1975
A-O
Reynolds (R J) Tobacco 3s debs__1973
Rocnester
Gen
Gas
4%s
mtge
Gen
Elec
ft
3%s
M-N
88 %
87 %
47
105 % 105 y4
A-O
89 y4
5
85
series
1st
93%
102%
Corp—
series
mtge & coll trust 2%s
debentures
3s
105 y4
Union
D
.1977
M-S
*118 Ve
117
—
Oil
2%s
118
—
Calif
of
MS
1967
MS
3V4S series J
t ARut-Canaoian *s ntmpn
1969
MS
1949
J-J
8%
tSARutland
8Va
9%
4
?y2
10
United Biscuit Co of Amer 2%s.„
1941
J-J
9 Vb
SVa
9%
12
8%
12 y4
U
4 %a
stamped
Union
Pacific
2%s
*106
Bt
Lawr
2d
ft
gold
3s
series
gold 5s.
1st
.1971
.1996
J-J
.1996
Adir
A
A-O
.1955
J-J
6s
Bt L Rocky Mt & P 5s
stamped
Bt Louis-San Francisco
MS
♦lOOVa 101%
*~
97%
68%
F-A
.
1991
C
series
—
2%s debs
mtge 4s series A.
A2nd mtge inc 4%a ser A
St
Louis-Southwestern
1st
bond
4s
2d
inc
4s
Bt Paul &
St
Scioto V &
Seaboard
Nov 1989
N E
1990
(JosE)
Union
&
Vandalia RR
3s
Oil
2%s
debs
.1971
Bell
gtd 5s
Southern
—1978
MS
1963
A-O
108% 108%
2003
J-J
*-•-
103%
1958
ref mtge 3s
A-O
*84%
1995
—1973
series F
M-N
101
debentures...
conv
5s
cons
106
98%
101%
102%
27
58%
Virginian Ry 3s series B
1st lien & ref M 3%s ser C
A-O
103%
107%
103%
110
104
79
98
96
85%
101
*106%
101
Wabash
RR Co—
94%
96
Gen mtge 4s inc series A
Jan 1981
Apr
96
98
Gen mtge inc 4%s series B__Jan 1991
Apr
67
4
25
54%
Apr
*95
101% 101%
1
100
101%
52
95
97%
1st mtge 3%s series B
1971
Walker (Hiram) G & W 2%s debs_1966
Walworth Co conv debentures 3%s_1976
'
97%
106%
•
77
.
103%
—
W
69%
98
97
106
100% 101%
46%
97%
_
__
107%
78
80 %
67%
64 V2
96
*76
94%
99%
98%
101 Va
..
*101%
M-N
*__
M-N
83
76 %
92
87%
88
123
123'%
Ward
1970
A-O
103%
103% 103%
1
100%
103%
Warren
F-A
*42
100
4
94%
100 VA
RR 1st ref gtd gold 3V2s—2000
Washington Terminal 2%s ser A
1970
F-A
100
F-A
*^
101%
99%
99%
97
101%
Westchester Ltg
1950
J-D
*104
104%
104%
106%
*122%
J-J
J-J
MS
.1969
—
—
'
T
J.,)"
100
;.j
*71
73 %
97%
97
97%
60
89
87%
87%
83%
34
74%
95%
86%
85%
86%
32
75
92%
Gen
71% •77%
debs
M-N
J-D
300'% 100%
5
100
87
87%
28
84
61%
gen
6s
82
21
77
5
110
Devel
ft
gen
J-J
-1956
6y2s series A
J-J
-1994
series A
J-J
-1961
&
J-J
.1996
A-O
94
West
29
99% 100%
19
101% 102%
11
87
-1956
A-O
-1950
A-O
J-J
St Louis Div 1st gold 48
-1951
Southwestern Bell Tel 2%s debs__ -1985
*103
J-J
.1983
Spokane Internat 1st gold 4%s_ -2013
102%
A-O
Apr
*41
J-J
Sunray Oil Corp 2%s debs
J-J
J-J
-1972
debentures
-1973
57
49 ya
99 y4
99%
66
97%
Jan 2014
2%s_—1951
Mfg
debentures
93
£6
101%
Wheeling Steel 3 V^s series C
—1970
39
86%
208
64%
24
100%
101 y2
3
98 Va
100%
180
100
101 ya
100 3Sa
101 il
J-D
104
■
75%
101% 101%
101%
J-J
M-N
100%
1st
106%
Wilson
mtge 3%s series
Co
ft
1st
Weston-Salem
52
^Wisconsin
D
B
S
1960
§ Alst general 4s_.
A Certificates
of
§ ASu & Du div ft term 1st 4s
•>'«
—
—
J-
97
97
—
97%
99%
—
101%
102%
A Certificates
Wisconsin
J-J
M-N
102%
97%
24
99%
4
96%
100
7
102%
104
112 Va
113
71%
78
♦113
•
:
—
Ry—
of
Electric
J-J
1936
4s
96%
99%
96%
96%
99%
A-O
1949
1st
Central
103%
—
102% 103 %
96%
J-.I
1958
93%
♦100333
M-S
1967
mortgage 3s
102%
—-
♦102%
101
102
99% 100%
101%
J-J
1992
41
99%
99%
95%
73j/2
M-S
TP7!
1949
83
*101% 101%
1
9
•
101% 101%
74%
j-j
1973
96
4
101
100
91 ya
M-S
Gen & ref M 2%s series A
103%
96%
63%
62
101%
99 Ei
101
9931
M-N
1951
&
debentures
2.65s conv
:
May
1950
4yas
Wheeling ft Lake Erie RR 4s
..
M-N
55
101%
♦97
96
107
53%
A-O
—1960
Westinghouse El
2%s
MS
110
43
• GO
-1966
96
inc A
estate
30-year 5s
98
109%
52 y4
w
105% 106%
557/a
Telegraph Co—
real
gold 5s
ft
25-year
•v
95%
107%
106%
MS
108
26
103% 103%
F-A
84%
99 y»
*106 % 107%
M-N
Union
Funding
106%
5
36
J-J
1st mtge 4s_i__ 1952
Maryland
55"
57%
*107
J-D
1966
2361
4s
106%
45
49
55%
1967
series I
guaranteed
2361
1st
Western Pacific 4%s
116 %
95%
gtd
104%
105% 105%
..
104
108
100 y4 100 %
M-N
Standard Oil of Calif 2%s debs. ..1966
Standard Oil (N J) deb 2%s
-1971
2%s debentures—
-1974
debs
stpd
3%s
mtge
Shore
Western
87%
79%
*101% 102%
debentures
5s
Registered
101
92%
110% 110%
87
86%
-1996
Memphis Div 1st gold 5s
(subordinated)
West Penn Power 3J/2s
101%
Western
L' -el
25/aS
Baking Co—
5%s
*101 Vb 101 %
M-N
.1986
DeveL4s
27/as
MS
97%
.1977
2%s series E
Co
1975
46%
Co—
(Oregon Lin'es) A
Ry
&
*100
98
-1994
Ry 2%s
1st cons gold 5s
gen 4s series A
Swift
*100
M-N
102%
13
96%
•
1st mtge 23/4S series F
1st mtge 2%s series G
A
F-A
—1957
40%
J-D
10
J-J
4y2s
.1981
San Fr Term 1st mtg 3%s ser A
-1975
Southern Pacific RR Co—
3Vbs
80
A-O
kGold
Southern
80
F-A
J-J
Co—
4y2s
mtge
*95%
96
75%
100%
79%
A-O
-1987
Pacific
1st
64%
94%
96
*96
— a.
.1985
Tel
ft
Indiana
1st 4%s
J-J
101 Vb
93%
128
102% 102%
64 %
€4%
J-D
94%
B9V2
12
102 %
100
91%
23
93%
.1963
debentures
Gold
100%
29
93%
2
-1979
Tel
Southern
,
RR
debentures
2%s
106 %
103%
106%
*126
J-J
.1966
1st
127
M-N
Jan 2016
2%s
debentures
2%s
101
4s series A. —1955
g
series B
Va & Southwest 1st gtd 5s
92
—
*102%
1st &
3VaS
109 ya
—
*106%
A-O
.1989
Sons
61%
85%
103%
94%
94%
93%
MS
Virginia Electric & Power Co—
1st ft ref mtge 2%s series E
88%
105
90%
cons
f 4s
Cons s
46%
197
101 Va 101 Vo
.1990
gtd 4s
&
Nor Ala
Southern
50%
101%
OO
''
....
V
86
100
83
110
90%
J-D
t§ASilesian-Amer Corp coll tr 7s_.-1941
Skelly Oil 2%s debs
-1965
Socony-Vacuum Oil 2%s
-1976
South
50
Line RR Co—
1st mtge 4s series A
;
A Gen
mtge 4y2s series A
Seagram
84
49%
♦107%
J-J
1st cons
1st
497/a
J-J
gold 5s series A
Air
83%
M-N
gold 4s. 1968
Union Dept 3148 B
.1971
Paul
Shell
May
.1989
84
Ry—
ctfs
Duluth
J-J
Jan 2022
certificates
bond
Gen ft ref
.1997
99%
__
100% 100%
A-O
1959
103%
104%
103% 103%
M-N
.
101
103
—
100%
A-O
—1967
debentures
'
•
.
110
103%
MS
1966
—1976
'
99%
100%
„
*100% 101%
76
73
97
101
Ry Co—
1st
100 Va
108%
1
3
—
J-D
101%
68 y2
73%
*98
101
*103%
—w
RR—
2%s
mtge
Rubber
S
2%s
Power
102
98%
»103'/4 103%
Universal Pictures 3%s debs
Saguenay
High
94
110
101
'
J-J
debentures
Ref
106%
105%
110
-
M-N
1968
—1976
1967
RR
Low
*98% 100%
—1970
debentures
I
3%s .series
mtge
jmtsre
Jan. 1
No.
95%
—1967
deb
3s
H
mtge
Gen
*94
Range Since
Sold
High
U
Union Electric Co of Mo 3%s
D__ 1993
aer
Bonds
102%
R
Reading Co 1st ft ref 3%a
Friday's
or
Bid & Asked
,
Tol & Ohio Cent ref ft impt 3%s__1960
Quaker Oats
Week's Range
Interest
,
.
New York Stock Exchange
deposit
71%
72%
Power
101
36%
14
36%
•26 T
36
-
:
25/aS
—
.
i-D
,.1976
49'/a
35%
46%
95%
98%
101%
3%s
1971
J-J
106% 106%
Elec Lt & Power 2%s
1976
J-J
♦96%
101%
104%
M-S
1979
74%
V<71%
J-J
deposit
1st mortgage 2%s
Wisconsin Public Service
72%
106%
Terminal RR Assn of Bt Louis—
Ref
ft
Ref
ft
imp M 4s series C
Texas
Texas
&
New
series
Orleans
2019
D
RR—
J-J
1985
A-O
1965
imp 27/8s
Corp 3s deb
M-N
118%
117% 118%
9
115%
101% 101%
5
16
118%
99%
105% 105 7/a
1C5%
104%
Yonkers
101 %
106
1st &
ref
M
3 Vis
series B
1970
A-O
1st
94%
ref
M
94%
3%s series C
3
94%
99
1990
A-O
*89%
91%
—
88'/a
97%
&
Texas
&
Pacific
1st
gold
5s
2000
J-D
Gen & ref M 3%s series E
1985
J-J;
Texas
Pacific-Missouri
Term
RR
of New
125
99%
125
99%
1
Orleans 3%s—1974
1960
Jan 19t>u
J-D
118%
28
97%
4
99%
Pacific—
J Third Ave Ry 1st ref 4s
A Ad J income 5s
Deferred
a
<
100%
101% 101%
delivery sale not
in the year's
Included
§Negotiability
127
101%
range
Included in the year's
not
n
Included In the yeart range,
d Ex-interest, e Odd-lot sale not
Under-tbe-rule sale not Included In the year*a range. rCatb sale
range,
Impaired
by
96%
94
—
Ex-coupon.
y
~
;■
maturity.
tCompanies reported as being in bankruptcy, receivership, or reorganised under Section TT of
the Bankruptcy Act, or securities assumed by such companies. , .
102
J-J
47
45%
47
64
41
71%
♦Friday's bid and asked prices; no sales being transacted during current week.
A-O
18%
17%
18%
83
16%
45%
A Bonds
*r
selling flat.
i
„
NEW YORK CURB EXCHANGE
WEEKLY
YEARLY
AND
RECORD
In the
following extensive list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning on Saturday, July 23
ending the current Friday, July 29.
It is compiled from the reports of the Curb Exchange itself, and is intended to include every security, whether stock
bond, in which any dealings have occurred during the current year.
:
'
and
or
Y.f''.3"
.
'
~
v
Friday
STOCKS—
New York Curb
Motors
Acme
Wire
Adam
Aero
Hat
Co
Air
Stores
Mfg
Associates
1
Low
Inc
1
1
*
Stores
5
common
Inc
(N
J)
1
Appliance
Electric
t
Shares
Great
Alabama
Power
Alaska
Alles
Fisher
Southern
4.20%
Airlines
&
2
.300
.
1
21%
4%
150
100
1%
—
1%
1,300
—
8%
8%
8%
5%
5%
'..6%
6%
-
—
6%
__
400
'
High
.
% May
400
4%
4%
.;—
Friday
l'/2
20
-
IVb
Jun
Jan
American
3%
Jan
American .: Book
32%
!
Jun
Jan
American
3% May
1% Mar
5
Jun
Class
1%
Jan
Jan
7%
Jan
4%%
8%
Jun
Beverage
Internat
Allied
Products
;
10% Mar
100
4%
Jun
6%
5%
Feb
7
-
Investing Corp—
(Mich)
common
Altes Brewing Co
Bros
common
96%
5%
1
1
*
95%
5
5
1
5
v
—
100
1
Altofer
96%
'
"
5%
5%
78% July
475
,
6,90o
92 Vb
91
96% July
Jan
3%
Feb
200
3%
Jan
6
Jan
Apr
5 %
July
$3.75
Co
of
America
cumulative
Aluminum
Goods
preferred
Mfg
Aluminum
Industries
Aluminum
Ltd
American
common—•
$2
Car
*
•
common
Bantam
100
Co
class A
For footnotes see page 33.
1
&
5%
Hard
American
Feb
3%
Apr
American
Jun
17%
Jan
American
Meter
5%
6
1,400
5 Vb
Feb
6 %
Natural
9%
May
Jan
American
Mar
5,500
45%
Jun
54
Mar
98%
98%
99
550
93%
Jan
99
Low
1
; * 100
61
"
150
C%
44
100
44%
6%
44%
I
l
Jun
58
July
9,000
6
Mar
'37% Jan
111
10c
1
1
~2%
25
High
V/a
66
Jan
Jan
~2%
"2%
1,400
Jan
Jun
2
6% July
46% July
114% May
2% July
31%
31%
100
27%
Feb
31%
Apr
33
33%
100
32%
Jan
34 %
Apr
10%
10%
10%
50
9%
Jun
13%
Jan
„20
20%
20%
21%
850
20%
Jun
25%
Apr
-25
preferred
14%
14%
14%
100
13
Jun
7%
Jun
10 %
Jan
Feb
41
Jan
Jan
25% July
Co
6%>
Mach
Maracaibo
American
2%
51
10
com
Mfg Co common
13'/8
50%
Range Since January 1
Light—
Corp common
prefersed
Laundry
American
350
50%
Shares
31%
<
15
6
V
58
Sales
for Week
-100
Rubber
—
—
Electric
convertible
14%
—
61
1
Gas
convertible
$2.50
&
preferred
__
—
1
Co
•
Gas
:
Co__
Potash
&
Chem
class
A.
15 % Mar
5%
Jan
3%
3%
2,800
25%
24%
25%
12,200
34
36
36
36
100
30
Jun
23%
24%
120
22%
Jun
28% Mar
23%
24%
1,000
22%
Jun
28% Mar
17%
•
I25
preferred
July
3%
Metal Products common- —2
Co
.
3
.
""
«
31% July
July
•
common
Power
American General
Apr
Mar
—100
B
American
Aluminum
.
High,'* ■"
1:
1
common—
Range
of Prices
Low
Par
•
Co
Cities
American
7%
500
-
.
Sale Price
Exchange
r\
v
Week's
.Last
STOCKS—
..
Low
l
21
50
pfd
Inc
common-.
Allied
T
*
New York Curb
American
Alabama
.
JULY 29
Range Since January 1
High
1%
—
10
common
Supply Mfg
Surpass Shoe
Air-Way
Par
WEEK ENDED
for Week
Prices*
1
Alloys
Agnew
Ainsworth
•
warrants
Aluminum
Acme
;
of
FOR
Sales
Range
Sale Price
J
RANGE
Week's
Last
,
Exchange
<"•
ACF-Brill
-
:
42
41%
12
11
24
-10
22 %
22%
2
3%
3%
Superpower Corp common— _10e
u
%
B
20% July
4% Jun
26%
Jan
American
Republics
6%
Jan
American
Seal-Kap
2,300
35 %
Jun
51%
Jan
Amer
3,900
%
Jun
1%
Jan
"
—
—i*
Class
42%
1
$6
series
common
preferred
a
95
93
1,400
20% Jun
3%
100
2% Jan
%
65,000
% Mar
22%
'
95
1,450
58
Jan
25 Va
Jan
3% Mar
%
95
Jan
July
29
THE
(422)
COMMERCIAL
NEW
YORK
RANGE
Week'a
Range
Friday
STOCKS—
Last
New York Curb Exchange
Sale Pries
Low
Par
American
Thread
preferred-
I
American
Writing Paper common
S
5%
Anchor Poet Products
I
CURB
£1
Friday
100
5%
1,500
Feb
200
5Ve
4%
47/a
6%
:V
14%
Jun
5%
100
7%
Feb
8
1
300
14%
12% Jun
~5Ve "5%
107
107
10c
Jan
Mar
5
800
108
120
Jun
3% May
8% Jan
109% July
103% Apr
1% Jun
2%
21/4
9
8%
9
9
O/*
10,800
5%
Jan
Jan
114% 114%
20
10%
113%
Jan
6
Jun
9 Va
Common class A non-voting-—
.—10
6% preferred
*
Arkansas Power ft Light $7 pfdAro Equipment Corp
—
17% Feb
Feb
2%
1
——
Arkansas Natural Gas common—
400
4,600
5%
3%
9% May
6%
6%
10%
Jan
6%
900
15%
157/s
2,600
14%
Jun
200
2iy4
Jun
23 Va
8%
7%
200
6% Jun
Associated Electric IndustriesAmerican dep rets reg
Apr
A
A
21
20
2%
2y8
125
16%
Feb
2%
2,700
1 %
May
19,700
2,100
3V4
1%
"5% ~5%
14%
14 y2
Corp warrants
Plywood Corp
Automatic Steel Products Inc
Automatic Voting Machine
Avery (B F) ft Sons common
6% preferred
Ayrshire Collieries Corp com
"7%
147/a
7%
"7%
9y4
Jun
10%
S2Va
Locomotive—
preferred
common
51%
6
11
11%
July
Jun
10 '/a
common
—
Jun
10%
200
1%
400
36 Va
500
4% May
8% Mar
3Ve
6%
32 Va
Jan
38
Jan
x45
13%
100
6%
200
11 <■'
13
3%
5,600
6%
6%
100
31
32 Va
66
425
*
16%
17
5
100
15
15
50
Capital City products
Carey Baxter
Catalln Corp of America
8.50% preferred
7
Conv pfd opt dlv ser 1929
Century Electric Co common
Century Investors Inc
Conv preference
Cessna Aircraft Co
common
300
1%
100
5
1
10%
n
55
8%
9%
f
Apr
15
Jun
10%
10%
1,000
15%
16 %
600
6V2
"•fir
—
2
"A
2
3%
13,800
2%
3Ve
1%
100
"3%
~3% "4%
4,000
ft
I
—1
"*7 Va "*7%
Jan
1% July
3% Jun
3% Jun
1
•
Jun
2% Jun
II
7%
500:
Feb
>6% May
19 Va Jun
I
Jan
5%
Apr
4
Jun
7%
4%
800
3%
Jun
Apr
Apr
1?
%
1,500
%
Jun
4%
4%
650
33%
Jun
40%
Feb
5% Mar
32 % Apr
2
I
■
24%
24%
250
2%
?
11
51/4
9%
V'/'V
Jan
20%
,
Jan
5
May
113/8 Mar
22 Va
Jan
12% Feb
5/a
Jan
2% May
4% Jan
2%
Jun
7% July
148 %
July
1%
1%
5,400
1
Jun
14%
14 %
150
12
May
8%
5
8%
100
7%
Jun
2%
Jun
40%
8% July
7% Mar
22
Mar
24 %
Jan
July
2%
2%
75
109
1,400
2
Jan
•
12%
2s 8d
2
1
21
Feb
13% Mar
Mar
2
Mar
5
Feb
24%
150
1
9%
100
100
10
1
-1
__
113
11%
11
Feb
83%
2%
82
I
Petrol
Cork Internet 1
v*.w-
z8
106
18
May
70% Jun
2% Jun
103%
3%
Jan
700
1
600
% May
1%
Jan
12%
I,800
10%
9%
5%
5%,
A
1/64
'
3,900
II,500
2,700
7%
4%
Jan
100
14%
Jan
30%
200
3
31%
!»
3% Feb
•fir
2,200
Jun
Jun
'500
3%
42
2% July
28%
10,000
11
16% Mar
6% Apr
Jan
4% Feb
31
Jun
375
41%
1
5%
5%
100
5
Jun
6%
6%
900
5%
Feb.-
•
11%
HVa
2%
200
11%
3,200
1%
Jun
1%
Jan
20O
2
*
10
1
Cuban Atlantic Sugar common
5% preferred
61
16%
I
16%
61 "J,
16%
30
10
14%
3,600
100
102
Jan
Feb'
7% Jan
3% July
1
Drug Co common.
—
Mar
Jan
A Jan
1/64 July
10% July
5% Mar
Jun
2,000
36
Jan
28 %
5%
1,600
2%
31
Jun
A Jun
1/128 July
10%
6%
35
14
15%
5%
5%
Jun
20
200
12%
•fir
1/128
(Mn)
partlc
May
2%
3%
A
July
12% Mar
Jan
1
1
i/.UB
Tobacco
200
9%
2%
dep receipt# (ord reg)—Z1
Petroleum
a
9%
83%
Apr
67% Apr
114% May
Jan
100
2,100
8
Jan
Jan
109
60
U V*
9%
6% Jun
58%
120
113%
105% 106
106
80
Cent
600
3,800
15%
6%
Apr
8%
Apr
13%
Jun
Jan
2% Jan
4% May
65
Jan
May
17% Jan
Apr
106
Mar
5% Mar
May
8% Mar
4%
Jun
6
10%
common.
common
28%
1
lOo
Jun
Jan
14%
Jan
I 50
29
33% Jan
27% July
■
6%
6%
5%
Jun
2"
2 Va
300
1%
Jun
3
26%
10
22%
Jun
32
Feb
6%
Feb
8
Jan
9% May
11
% Jan
Jan
139
26%
■
debenture..
10%
100
10
10%
600
10
10%
1,700
100
Detroit Gray Iron Foundry
Detroit Steel Product#
Devoe ft Raynolds class B—
1
lft
1%
1%
200
18%
19%
700
10
6Va July
Jun
1%
Jan
Jun
15%
9%
Jun
7
1
_
>
132
8
common
Gasket ft Manufacturing-
2%
Jun
Apr
Jan
Jan
18
Jun
23 Va
Jan
9
19%
*
Jun
12
Jan
Distillers Co Ltd—
Amer
dep rets ord reg—
1
Dobeckmun Co common
-fl
Draper
Corp
Power
Feb
"9%
1.200
6%
Jan
10%
Jan
3%
3%
3%
2,700
2'A Jan
30 Va
75
13%
14 Vs
4,000
81
•
•
Dunlop Rubber Co Ltd—
Amer dep rets ord reg
Duraloy (The) Co
Durham Hosiery class B common
Duro Test Corp common
Duval Texas Sulphur
Jan
11%
Jun
33
May
14%
Jan
22 %
9% Mar
Apr
10 % May
Feb
61
59
61
85
57
23
Jun
32%
75
78
78
25
74
Feb
79
"21/4
"2%
lft
Co
26 %
3% May
20% Mar
•
—•
—
Driver Harris Co
Duke
14%
8%
30%
Dominion Steel ft Coal das# B
Dominion Tar ft Chem Co Ltd
Dominion Textile Co Ltd oommon
Jun
~9%
1
Domestic Credit Corp class,
Dominion Bridge Co Ltd—
10%
—1
.
-II
Jun
6%
—1
1.000
•
Jan
3
*
Jan
May
7%
Apr
1%
65
Feb
2% Mar
11%
Jun
Jan
5%
9% July
1
Feb
12% Jan
10% Mar
Eastern Gas ft Fuel Assn
3%
KVi% prior preferred—
0% preferred-
10ft
.100
Eastern Malleable Iron.
Eastern States Corp
68 %
700
75
600
4%
Jun
Jan
Jun
77
Feb
61%
Jun
75
Apr
37 % Mar
July
"2 Va
"2
~2Va
1,900
Jun
-2%
Jan
50
Jun
63
Jan
49 %
51%
500
39
Jun
54%
Jan
12%
12%
100
11% Mar
1%
60
Electrographic Corp common
Empire District Electric 1% pfd
Empire Mfflwork Corp
Emsco Derrick ft Equipment
Equity Oorp common
-.7 V
1
14%
:"5% ~7%
800
14 Va
14%
32,100
10%
—1
10%
'300
10ft
1
—I
10c
preferred
Esquire Inc
2%
62
30
-
Easy Washing Machine dais B.
Electric Bond ft Share common
convertible
69
66%
51%
|7 preferred series A.
f«
$8 preferred series B
Eastern Sugar Associates—
Com shares of beneficial
$5 pfd shares of beneficial
$3
3%
68
66%
-IB
1
6
11%
iya
37
Corp Ltd
Eureka Pipe Line
1
5%
11%
1%.
6
"•fir
15 %
500
.
11%
1,000
1%
3,100
36 %
Mar
9%
Jan
11
1%
Mar
800
15%
15%
50
17%
18
13%
Apr
1% Mar
Feb
4
fir
13% May
Apr
7% Apr
101%
Feb
Jun
Jan
15% May
92 % July
5
Jun
31
-fir
10
Feb
1,000
5
»'
13% May
66% May
5% May
10%
75
37
4%
—1
.
Eureka
'
37
July
5
.% May
Jun
1
14
Feb
18
Jan
Feb
Jun
4% Jan
36
Jan
1,300
3%' Jun
4% Jan
80%
80%
10
74% May
9% Mar
85% Jan
80% July
Fanated
15
Jan
88%
Apr
Fire Association (Phlla)
10
First York Corp common
10c
$2 dlv cum preferred——1
Falrehlld Camera ft Instrument——1
Engine ft 41 Tie"*
1
Fair child
9%
9%
500
2,800
63%
65%
5%
6%
5%
210
5%
5 %
310
55
Feb
Feb
5 %
7%
67
7%
Jan
May
1
Metallurgical
Fishman
(MH) Co—
II Stores.
July
5% July
5
May
125
10
2
27% July
•
3%
"5% ~6
65%
100
113
V/2
63 %
7%
62
Bo
3%
80%
50
Jan
Feb
3%
X25% X26
Jan
8% Apr
3% Apr
•
1
Jan
148% July
1% Jan
x4% Mar
100
lft
Jan
48
Apr
111% Mar
4% Mar
Mar
.
10%
9%
Feb
•
110% 110%
29 Va
4
8% Mar
5% Jan
r2% July
Feb
7% Jun
13/a
600
Jun
22
24 %
200
7%
63%
1
8%
Jan ;■
"
7%
4%
28%
10%
—
7%
37
4%
1/64
Derby Oil Co
July
—•
100
Gas
Davidson-Brothers Ino
Apr
Jan
'
—•
36%
4%
•
Day Mines Inc..
Dayton Rubber Co das#
Dejay Stores common
Dennlson Mfg das# A eommon
Jan
23%
r2% July
—II
37
.21
Inc
Detroit
20%
*
Jan
3%
1,400
D
Feb
•fir Jun
600
12
2,100
Davenport Hosiery Mm#——l.lft
Jan
11%
Jun
10% July
12% Jun
1
Jun
4%
Lighting Inc oommon_.
Curtis Mfg Co (Mo).
Jun
11%
Feb
71/4
—•
Apr
Jan
5%
Curtis
V / 21% May
Jun
4%
900
Feb
5%
4%
preferred class A
Cuban
Jan
33
>1
f
Apr
July
8V2
1,700
'
22% Feb
Jun
14% July
4Va Jan
12%S
J
Crystal Oil Refining oonunon
$6 preferred
Jan
1% July
1.700
Jan
8
34 %
Apr
6
1%
10%
2
Mar
22
5
Jan
18
21% Mar
pfd
-100
I Central States Elec 6%
preferred—100
7% preferred
Conv pfd opt div ser
2,700
Jan
Jun
Central Maine Power Co—
Central Ohio Steel Products
Central Power & Light 4 1r
lVa
24%
3% Jan
Feb
21%
8
1%
-28
.
1
Crown
l/IUWU
Jan
74
10
ft
Kennedy Inc
1
Carman ft Co
2.80
Carnation Co common
•
Carolina Power ft
Light $5 pfd
•
Oarr-Consolidated Biscuit Co——1
Carreras Ltd—
Amer dep rets A
ord-—
£1
Carter (J W) Co common
Casco Products common
Castle (AM) ft Co
~1V*
23 %
-1
Crown
7 % Mar
Mar
19% Mar
I.BO
——1
Amer dep rets B ord
1%
"ll
Inc
uruwu
Crown
Jan
33
;
—10ft
common.
Mar
Jan
4%
Brewing Co
Crosley Motors Inc__
Crowley Milner ft O®-—
Jan
May
3Va
13% Feb
.
——•
Marconi
Jun
17
May
1% Jun
5% Jun
10
Croft
7% Jan
33
21%
—lft
*
14%
15% Jan
3% May
1,100
5
•
preferred
14
Jun
100
100
American
Apr
4% July
167/a
1
Cable Electric
Products common—804
Cables ft Wireless—
non-voting
Canadian Industries Ltd—
Jan
14%
Utilities
Creole
Jan
62
80
2.8ft
Class A voting
Class B
10 Va
5% convertible preferred
Courtaulds Ltd—
Mar
23% Apr
13 Va
.1
Canadian Canners Ltd
common.
Convertible
preferred
Canadian Industrial Alcohol-
500
150
Cosden Petroleum common
Apr
Apr
12
2% Feb
5% Jun
•
common
Jun
6 Vs May
9
Mar
25
3
$1
Jan
9
35 Va
*
Canada Bread Co Ltd
Canada Cement Co Ltd
6%% preference
37 Ye
26 %
65%
10s
American dep rets
6% pfd
Calamba Sugar Estate
Calgary & Edmonton
Corp Ltd
Calif Cotton Mills
Co
California Electric
Power
Camden Fire Insurance
Feb
Jun
20
—•
Ring Co
Burma Corp Amer
dep rets
Burry Biscuit Corp
5 %
30
£1
—£1
Bunker Hill ft
Sullivan
Burd Piston
13%
15%
series B preferred
preferred seriee O
Coro
10% July
39%
——•
Buckeye Pipe Line
13
15'A
1%
4%
Corroon ft Reynolds common
lVa Jan
33%
6'/a
■
Junior pfd
Brown Rubber Co
common
Bruce (EH Co
common
Bruck Mills Ltd
class B
14% July
Rights: w 1
7 Va May
14
37
11
—*
cum
Jan
4% July
Cornucopia Gold Mines—
Jun
Feb
10'/a
—*
Distillers
12%
Liquidating Corp
•
Consolidated Mining ft Smelt Ltd
1
Consolidated Royalty OH
lft
Continental Car-Na-Var Corp
1
Continental Fdy ft Machine Co—.—Z
16% Jan
5%
50
II
British Columbia
Power class A
900
Consol
Jan
300
10%
1%
13%
100
Co
14%
II
4%%
Kit
8% Mar
4% July
3
Jun
700
6%
•
Ltd—
Amer dep rets
ord reg
7%
6%
11
5 Va
11
•
"
Canadian
4,600
13'/a
Brazilian Traction
•
Light ft Power—*
Breeze Corp common
Oil
14%
lao
1956
Consolidated
36% Jan
Feb
39%
1
British American
Tobacco—
Amer dep rets ord
bearer
Amer dep rets ord
reg
British Celanese
14%
9% Mar
5 %
Hotel
Vtc ext to
55% Mar
37
1
Borne, Scrymser Co—
Bourjols Inc
4%
50
5Va
,
II
pfd
Jun
7
—.—1
Co common
Class B
Brown Forman
200
35%
1
,
British-American
8Va
4%
6%
~5 %
1
common
Bridgeport Gas Light Co
Brillo Mfg Co
common
48 % May
l,(n
Consol Q E L P Bait common
15% Jan
13% Feb
1
Corp
cum
Jun
Feb
Jan
6
Mxg.
Cook Paint ft Varnish Co
3%
11
1
Ridge Corp common
Blumenthal (8) ft Co common
prior
%
38 Va
Alrllnes.
Commodore
Feb
41
2,200
3%
~6%
1
Blue
(HC)
52Va
■
Benson ft Hedges
common
—•
Convertible preferred
•,
Blckford's Inc common
1
Blrdsboro Steel
Fdry ft Mach Co com-*
Blauner's common
5%%
A
Manufacturing Co
Colt's
Apr
25
10
600
4%
ft Co common
Beau-Brummel Ties common
Beck (AS) Shoe
Bohack
8%
1%
——*
(L)
Canada
900
16,700
Colorado Fuel ft Iron warrants.
Jan
Mar
32% Mar
American shares
Barium Steel
Tel of
50%
8Va
1
Banco de los Andes—
Bell
%
47%
Development ordinary-
Colon
Colonial
5% May
8 Va Jan
8
•*
Benrus Watch Co Inc
%
21% Jan
20
11
500
8%
46%
Compo, Shoe Machinery—
Jun
4% Jan
6% July
400
;
8%
Jan
8%
.
'
Jan
July
4
600
9%
Babcock ft Wilcox Co
Bellanca Aircraft
17% Feb
10 % Mar
Jan
2
& Lambert
V/Ulyn im
B
Baumann
Jun
6
47%
.lft
Community Public Servl'
11
—
Barlow ft
$1.20 convertible A
common
Basic Refractories Inc
11%
300
15%
Jan
35
Atlas
Atlas
Corp
Beellg Mfg—
175
9%
Cockshutt Plow Co
Feb
7% Feb
% Jan
22 Va Jan
A Mar
1,200
21
Atlantic Coast Line Co
Baldwin Rubber Co
14%
8%
Aluminum Product# 00—
Club
8% Apr
6% July
Associated Laundries of America-
7%
64%
Colonial Sand ft Stone Co
Associated Tel ft Tel class A
Atlantic Coast Fisheries
Baldwin
Jun
Co
Clinchfield Coal Corp common.
19% Jan
22
1%
1
8%
57 %
1
Claude Neon Inc common.
11W»
Clayton
13% Jan
100
14%
~z
Jun
63%
1
VJHUUO
Feb
114% Mar
21%
157/s
III
Mfg
High
10
63
•
Controller Co
Clarostat
-
Ashland Oil ft Refining Co
"III
Clark
Low
100
—lft
City Auto Stamping
City ft Suburban Homes—
Jan
Range Since January 1
High
10%
*
Cities Service common
9% May
Shares
10%
—lft
-4
for Week
of Prices
Low
I
Cherry-Burrell
common—
Chesebrough Mfg common
Chicago Rivet ft Mach
Chicago ft Southern Air Lines
Voting trust ctfs
Chief Consolidated Mining ——
-
_
$1.20 conv preferred
Asplnook (The) Corp
2%
gale Price
Par
Jan
Apr
Sales
Week's
Range
Last
New York Curb Exchange
High
4%May
I
Apex-Elec Manufacturing Co
Appalachian Elec Pwr 4%% pfd_.
Argus Inc
—
EXCHANGE
Range Since January 1
Low
4%
Monday, August 1, 1949
WEEK ENDED JDLV 29
FOR
Ltd—
Amer dep rets ord reg
Angostura-Wupperman
CHRONICLE
STOCKS—
Shares
5
5
88
5
__
FINANCIAL
Sales
for Week
High
4%
5%
-
1
common
Anglo-Iranian Oil Co
•
*
—
a
Angerman Co Inc
of Prices
&
•
7 % May
9% Jan
3
Ford Motor
60
3 Va
800
12%
Feb
4%
9,8C«
3%
Feb
19% Jun
5% Mar
10%
1,000
8 Va
Feb
13%
59
60
25
57%
Jun
65 %
2,000
2Va
Jun
2%
3%
29 %
30
*
75
13%
14%
100
25
Apr
Jan
3% July
Jun
33
Jan
13% July
16
May
Ford Motor Co Ltd—
3
4%
4%
10 %
18
•
35%
Jan
Jan
36%
Apr
Jan
Apr
So
to
Amer
Class
dep rets ord reg.
of
*
4%
4%
19%
19%
Canada—
A non-voting—
4
Jun
5%
Feb
THE
Number 4825
170
Volume
COMMEKCIAL
NEW
YORK
RANGE
Week's
Friday
STOCKS—
Last
New York Curb Exchange
Sale Frice
tox
pre!erred—
1,500
8%
700
8
800
25
100
825
•
Oo
(Geo A)
Low
10%
8
1
50
Simon ft Oo Inc common
conv
Fuller
1.25
Brewing
vPeter;
Franklin
—
JULY
4
f'r
8*4 May
"4
10 y8
July
9%
Jun
Jun
8
Jan
8% Mar
23% Mar
25% July
7%
—
Jun
9%
Apr
wG
.100
prelerred.
1%
14% Mar
__
V,
—
.
•—
88 y8
Jun
4%
4%
100
1*4
1%
900
1
Jun
3
common—
4%
1%
1
General Alloys Oo
*
General Builders Supply Corp com—1
B% conv preferred
25
Gellman Mlg Oo
Apr
92 ya Feb
15%
July
4%
__
v
Low
3
3'/a
800
2%
Jun
3%
22%
Feb
23%
6%
11,000
3%
Jan
6% July
34%
1,150
34% July
1
157/a
26%
Jan
15%
15%
100
15
Feb
—1
2%
2%
600
2
Jun
—1
9%
9%
800
9%
Feb
12%
1
1%
1%
900
1
Jun
1%
£1
dep rets ord reg
7%
Jun
8%
Jan
General Finance Corp common
5%
Jun
6% Mar
1
7%
Jun
General Fireprooflng common
General Outdoor Adv 6% pfd
33%
Public Service
1
50o
preferred—*
$6
3%
1
3%
.1
\ 5%
Yellowkmie Gold Mines
unaih
(AC)
May
Mar
Jun
116
Jun
106%
Jun
1,900
50
Jan
5%
12%
July
18%
Jan
4
Feb
37/a July
9%
17
1
Inc
5
17%
3,300
10*4
17*4
Olenmore Distilleries class B
Globe-Union
Feb
Jan
3%
—
10%
300
14
14
—
16
10
22%
Krueger
.1
22
12%
.1
12%
.1
Co
"
Jan
12
Mar
18%
225
7%
23
400
23
7%
10
13
100
Apr
Jan
21%
11%
Jan
14% May
Jan
Class
B
——
1
•
1%
1st
ft Padfio
May
80
Feb
mm
55%
V
•
53 %
Jan
Jun
5%
Jan
)
62 Ya
11%
49% Mar
100
:
6
*Y 5
■■
-
«...
——
10%
—
10%
•
'Jun
8
7 "' Feb
900
116*4 118*4
•
100
25
preferred
138
36
138
11%
Lake Shore Mines Ltd...
Grocery Stores Products common—25o
54.40
pfd
Feb
119
July
135%
Jun
142
Feb
32
110
102
38% Mar
Jun
8%
Feb
106% Mar
Feb
13%
—
—
—
Jun
7%
——
105% 106%
105%
100
*
Gypsum Lime ft Alabastine
Paper common
Hartford
Rayon
Harvard
Brewing Oo
Hathaway Bakeries Inc
Feb
13%
4 %
common
25c
preferred
preferred
w
(R)
ft Co class A_
Horn
ft
Co
(Harvey)
Oil
H\y
12*/a May
10% July
100
9y4
&
Inc
a.
91
Jun
96
68
Mar
74
5%
&
stock
'
400
39%
Jun
48 y2
Jan
7%
Jun
11
Apr
3
Jan
—
41
50
'
■
'
177/a
76
32% May
68%
—
'
47%
Apr
.
Jan
4
Jan
4
■'
Jan
79%
Jun
43
100
x47
21
2% Jan
■
X47
Jan
109% May
'
warrants
Jan
42% May
144
Feb
2,400
5
Jan
17%
Jun
Jun
30%
200
74%
31
Jun
106% May
17% Jun
__
.
18
3% May
May
40%
150
32%
31*4
—
•
May
8% May
Feb
2,100
--
133
76
Jan
20
14
•
May
8%
•
41
5
common
Refining
11
Jan
100
'A
")
•
Mfg Oo
Hussman Refrigerator $2.25
pfd
Huyler's
8%
10*4 Mkr
100
150
,
41%
8%
100
Humble
Oommon
Feb
25%
•
preferred
Lock
Apr
93
40
15
Baking Co
Hubbell
Hurd
8%
12%
•
A)
Hardart common
ft
»«.
Jun
Jun
•
Inc
(Geo
Horn ft Hardart
Feb
8%
71%
—
<15%
6
10%
8%
__
Jan
1,100
10*4
—■
40
io
10% July
8*/a Mar
1,000
...
10%
93
1
Hormel
7'4
'•
1% July
11
1,400
10%
71*4
""!
n
Border's
July
9%
71%
1
Holllnger Consolidated G M
2 */a
10%
—
100
Holly 8tores Inc
Holophane Co common
Jan
200
7*4
100
w
w
Jan
2%
400
10
2
w
x50 *4
Jun
10%
•
common
Jun
iy8
9%
10*4
•
oommon
Jun
44%
2
7%
17% Mar
12
60
12%
2
10
6% Jan
9ya May
Apr
7%,Mar
700
9%
"
12%
6
Apr
Feb
Jan
i
Hydro-Electric Securities
Hygrade Food Products
1%
1%
300
1%
Jun
3*4
Jan
i
common
1st conv preferred
11%
12%
300
10%
Jun
22%
Jan
12%
12%
200
11%
'
12%
■'
Feb
2
•
|
Jun
2% Mar
18
Jan
Zinc
Co
•
oommon
Amer
dep
rets registered
450
ft Ireland
5
Feb
15%
14%
Feb
17% May
11%
—
21%
21%
22%
3,200
13%
13%
14%
1,600
Co
Lit Brothers
class
12
500
11%
Jan
12%
8%
International
.
11%
11%
11%'
11
Jan
88*4
120
;4'
54%
50
International Petroleum coupon
*
shs
shares
r
:
54
..
„
A
55%
,
V-
Jan
98
July
34
Ty %
Public
Service
Mangel Stores
Irving Air Chute..
■ ■
Marconi
•
100
100
1
•
1
47
Jan
58
20%
——
Feb
22
May
Feb
6y8 Jun
6%, Jun
11
%
400
700
14*4
300
4%
200
%
600
:
2%
1
% May
1%
,
Feb
14 y4
4
Jun
3% Mar
%
McOcrd
Corp
McKee
5%
5%
100
Jan
Kansas Gas ft Electric 1%
Kldde
pfd
Mead
Inc.
(Walter)
90
21%
•
_
Mfg
Merritt
4
—J
6%%
10
4%
10 4
'
7
Iff
33.
Feb
90
July
66%
Feb
80
July
11,500
16*4
Feb
21% July
11%
11%
500
14*4
Feb
Jan
Feb
113
111 % July
6%
6
1,500
200
-
12%
11% July
1%
Co
•
It
1
common
Corp
Corp
pfd
•
•
10
Co
•
Midwest Piping & Supply common
1
50o
common
50
Mining Corp of Canada
•
Minnesota Power & Light 5% pfd—10#
convertible preferred
"8%
~8%
400
14 y8
14%
1,600
25% July
7*4 Mar
13*4 Jun
1%
1%
1,300
J
4%
153/4
500
4%
6
Jan
108%
Feb
110%
Jun
3% Mar
5%
Apr
>
Mar
*
4%
Jun
5%
Feb
Jun
934
Jan
800,
% May
5% May
1%
7%.
7%
6%
1,700
"7%
~8
300
7% July
5,200
3,400
-
2%
2
6% July
8%
Feb
Jun
32 Vs
Apr
6%
Feb
8Va
Apr
2%
Jan
Jun
1%
9
3%
25
Apr
"425
9
Jun
16*4
3%
100
3%
Jan
4%
Jan
300
16%
Jun
19*4
Jan
Feb
22% May
May
19
'
'•
July
11%
17
17
—
10% May
18
10%
10%
Mar
3ya Mar
I
os
~8%
Feb
6%
Jun
7%
Jan
Jun
32*4
Jan
7%
Jun
10%
Jan
Jan
98
July
24
Feb
30
7%
Apr
1%
1,800
27%
J?
27
~2%
2%
2,700
93%
7
700
7*4
2%
7 4;y;
"2%
29%
"2%
100
7*4
200
4
2%
2%
90*4
25
2%
2%
100
1,400
6%
180
180
95
July
3%
Jun
1,200
10%
Jun
450
29%
Jun
95
19%
150
19%
Mar
14%
Jan
33 Ya Feb
103% Jan
July
17
Jan
July
37% Jan
4% Feb
180
167% Mar
30% Jun
31%
Apr
2%
A*"-
11%
Mar
101%
M«v
2%
11%
19%
3% Mar
Jun
2%
86
98
540
8% Mar
Jun
31%
Mills
——t
Co
*
Muskegon Piston Ring common
2.50
Muskogee Co common
—W
1% May
29%
6%
—100
Tel & Tel
Mar
6%
7
1
7%
6
48
100
5%
7
<
22%
Jan
Apr
28% May
Jun
10 %
Jan
10% July
13 %
Jan
24
"9
"8
1
11
11
4
common..
"9
4
4
31
14,600
2% Mar
110
29*4 Mar
400
<
?
-7%
Jun
12% Jan
ID
Jun
13
3
Mar
200
'
7
17
100
300
N
Jan
1% Apr
Jan
6%
Apr
1%
Jan
Nachman
Inc
N&mm's
-It
Corp
*
common
National Bellas
—1
•
Hess common
National Breweries common
3®
preferred
Fuel
Gas
1
-
4%
Feb
6%
Jan
National Rubber
Jun
5%
Jan
National Steel Car
4%
Jan
20%
Jan
13,400
4%
Jun
(Herman)
7
10*4
Mur
May
New
Ne"
350
9%
Jun
13
150
6% July
9% Feb
127
Jan
9% Mar
12% Mar
4 4%
New
103
Mar
103
Mar
100
Co—_—1
Zinc—
Mexico
Park
Vpt
froeesR
20
23
Co
6%
100
6
10*4
6*4
10*4
6%
2,100
6%
'6%
100
7%
100
7%
7%
15%
15%
16
225
5%
33% Apr
34
Jan
9%
Feb
Jun
10%
Jan
Jun
Jun
7*4 May
14%
Jan
Jan
July
Jun
May
6%
4
Jun
10% July
10%
9
Jan
Jan
8% Mar
18%
Apr
3% Mar
2%
1,200
2%
Jun
4%
8*4
200
6%
Feb
9
13%
14
200
—-
3
12% July
5% July
78% May
Jan
May
16*4 Mar
5% July
87%
Jan
82%
80%
82*4
980
1%
U
IVb
900
3%
100
3
2,000
51
Jun
67
2,000
6
Feb
11%
Apr
1
Jun
1%
Apr
65
Apr
3%
57%
3%
57
6%
1
Co
common...—
Apr
2%
500
1
ft Arizona Land
Mining
100
6%
14
convertible preferred
New Jersey
13,900
7%
1
common—
England Tel & Tel
Haven Clock & Watch
9*4
6%
Corp
common
Co
8%
5%
8*4
9% Jan
13% Mar
500
Meter
Le
Jan
8%
7%
9%
--1
——30o
common
National Union Radio
Feb
July
Machinery
Ltd
National Transit
a
-4
It
"
Co
3%
30%
34
1
ft Stores common
National Radiator
3%
-
1%
59
7*4
1%
200
(
J An
Jan
1,400
5%
11%
Mt Vernon-Woodborry
Apr
2%
July
3%
1%
>
Jan
1% Mar
45
Mountain States Power common.
Company
25
110% 110%
of America.
Producers
>
Jan
Feb
32% Jan
9% Jan
2%
90%
—1
Mar
37
pfd series B
Plan Corp
Muter
2
Feb
17%
ltt
Monroe Loan Society com class A
1
Montgomery Ward ft Co class A——*
Moody Investors partlc pfd
-•
Morris
6% May
Jun
pfd
cum
cum
Jun
Jun
•
Missouri Public Service common
4.40%
5%
11%
6O0
Abrasive
Mid-West Refineries—
4%%
Jan
3% May
34
5
•
common...
•<
Jan
19%
100
—1
Co
8%
Jun
Feb
1,900
1
2AO
common
Wohl
Jun
2,700
25e
If
52 non-cum dividend shares
Miller
150
"
Feb
1%
100
t c
OH
4%
Apr
2%
1%
Midland Oil Corp $1 conv
Midland Steel Products—
Midwest
38
Feb
35%
Middle States Petroleum class A v t c—1
Mid-West
Jun
Apr
Jan
15%
1
Micromatic Hone
Midvale Co
25
14%
Co
West
Apr
Apr
& Scott Corp—
Michigan Bumper Corp
Michigan Steel Tube
Middle
14%
I"
Participating preferred
v
13%
15
1%
Metal Textile Corp common
Class B
700
5%
6%
6
15
Co
&
Michigan Sugar
fl %
preferred
8%
Jan
Feb
6
2%
5%
5%
6
preferred
Iron
July
10%
•
2%
-
A
Mesabl
Nestle
10
77%
1,250
21%
II
Co.
Chapman
New
Kimberly-Clark Corp—
4% % preferred
For footnotes see page
10
700
80
20%
13%
.10
Warrants
12%
— —
_
\i May
78
& Ce class B
3% Jan
119
1
_
ft Oo
Feb
31
Dredging
Johnson
Menasco
Neotune
•
Co
Jan
%
31,700
34
Jun
18% July
4%
9*4
12
il
common
(A G)
McWllllams
Nelson
Kennedy's
87%
80
52.50 preferred
1%
700
Oo
4%
Jan
May
Jun
Jan
j
K
Key Co common
89%
12% July
Preference
1
It#
24%
7%
*
Jan
11%
8% Mar
600
Jim Brown Stores common.
Kalser-Frazer Corp
200
,
24 %
Marine
McClanahan OH Co common.
3%
-'
25% May
Jun
25
Mfg Co common
3% May
5%
Jan
Jan
13
National Pressure Cooker common
Kawneer
%
12%
convertible preferred
National Mfg
Jefferson Lake Sulphur Oo.
8
common
Mountain States
2%
..
7%
26%
20%
2,800
22
%
6%
National Mallinson Fabrics
Kokenge
8
Co
International
National
Jeannette Glass Co common.
21%
21%
1
Communication Co Ltd
7%
ft
It
Murray Ohio Mfg
%
1
6% Mar
400
common.
Apr
4ya
4'/a
~7%
(The B) Co
Mapes Consolidated Mfg Co.
Apr
Feb
1%
Italian Superpower Corp com cl A
Julian
~7'/a
Manlachewltz
12%
14%
Mfg vtc.
Mar
M
Maine
110%
100
7
*
26
21*4 Mar
Island Lighting Co—
of dep
7% preferred A ctfs of dep
6% preferred B ctfs of dep
Louisiana Land As Exploration
Louisiana Power As light 56 pfd
Lynch Corp
Jun
1%
B
14*4 July
Jun
24% May
23% Jen
Common ctfs
Jan
1,100
6%
7
11%
23*4
Feb
Long
98 V2
12%
6%
*1
11%
Jun
Jun
10%
Class B_.
10%
2,500
'-■/
-•.W
10
International Safety Razor
Investors Royalty.
Fireman
*
'
•
International Products.
Iron
*.«•»
Jan
Apr
13 % May
18%
A.
Lone Star Gas Co. (Texas)
700
5
Registered
Jun
Hydro-Electric—
Preferred 53.50 series
International Metal Industries A
6%
10%
9% Mar
Locke Steel Chain.
700
95%
94%
104% 105%
105%
•
Feb
Jun
24%
•
common
Groceterias
Apr
6%
I
Mountain
10
Cigar Machinery
17% May
13%
700
^
Indianapolis Pwr ft Light 4% pfd—100
International
Feb
4,400
£i
Insurance Co of North America
Jan
4%
15%
15%
•
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
10 y2
15%
15%
•
Apr
6% Mar
23
Jun
9
Lionel
4.80%
£1
Imperial OH (Canada) coupon
Registered
v
5% July
4% Mar
:v6;;|y
5Vz
Imperial Chemical Industries—
8%
Jan
Corp common
1
Llpton (Thos J) Inc 6% preferred...11
Line Material
Molybdenum Corp
Monogram Pictures common
Monongahela Power Co—
I
Illinois
Jun
5%
Jun
19
1,300
Apr
1%
12%
—
<«.—
5
Henry Holt ft Oo common
Hoe
—
l
A
6% %
4%
•
800
14%
47
1*4
•
Rubinstein
Heller Oo
12%
l
Mining Oo
Class
'
v
-
47
1
Haseltlne Corp
—
—
47
25
common
Hearn Dept Stores
1
——
5
Electric Light
Hartford
Helena
200
4%
■
Hammermill
Hecla
41/2
•
6*/a
200
300
12
5%
I
800
5%
11%
Realty common
Tourneau (RG)
Inc
McAleer
Bridge Oo Ltd
7%
20%
11%
Le
H
Lamp Co
Apr
1
1
1
Lefcourt
Massey Harris
Hall
Jan
5%
Marlon Power Shovel.
Hamilton
5%
13%
20%
20%
Lanston Monotype MachineLa Salle Extension University
Jan
103%
570
>
Jun
Jan
Jan
40
37
y
3%
8%
6%
7
Lakey Foundry ft Machine.
Corp of Delaware—
Lamson
Apr
225
138
36
.,
100
900
10
Mackintosh-HemphlU Co
~
Jan
4%
12%
Jan
Jun-
3%
—.
.
;;;
Jun
4"
57
„y.
it Jan
% Jun
'&»? 48
> :
{
mm"
Tea—
stock
common
Utilities
28
Jan
—
,
13%
4%
~
Great Northern Paper
Gulf States
Mar
; ,6,100 •yfM
iV
—
\u\
I
I
Non-voting
21
..
■
—
1
Gray Mfg Co
Jan
74%
——
10
common
Graham-Paige Motors 1% conv pfd—2ff>
43
«...'
■
.
Grand Rapids Varnish
Jun
„
«...
%
16
50
:
class A_
Great Atlantic
Jan
35
■'
•
——
Mfg Oo
Gorham Mfg
2%
—
——
$4.50 prior preferred—
Gorham Inc
Jun
"
Goldfleld Consolidated Mines
Goodman
1%
700
1%
1%
1%
——
Jan
July
13
12%
12%
Longlnes-Wlttnauer Watch Co
Gobel (Adolf) Inc common.
Oodchaux Sugars class A—
July
7*4
Feb
May
L
Lsclede-Ohrlsty
Company
L'Aiglon Apparel Inc
Jan
Jun
13%
Apr
6%
12
400
July
-Jun
9*4
Jan
9% Feb
Knott Corp common—
Kobacker Stores
Lobl&w
Coal
Alden
5%
12%
12%
—
5%
4
100
xll2%
..
800
5*/b
'
,
Jan
Jan
105 y4
„
3%
Jan
Jun
1*4 July
95
—.
3%
Feb
8%
35%
—25
Gladding McBean As Co—
Glen
800
——
•
—
3%
700
2
—.-
•
■
•
common
Co
3%
Jan
Apr
103
Jun
Jan
3
; Mar
1%
Jun
100
_
•
•
Gilchrist
29%
20
1%
Georgia Power $6 preferred
55 preferred
Gilbert
50
2,800
3*4
Gerlty-Mich
Corp
8
33%
31%
xl01% xl02%
'
—
600
5%
8
•
100
General Phoenix Corp
General Plywood Corp common
General
"5%
——
10
preferred series A
6%
__
Mar
11
10% Mar
.11
General Electric Oo Ltd—
Amer
High
5%
32%
Feb
23%
—
Low
6%
Jan
23%
25
8
Range Since January 1
High
34%
(DEmll) Co common—
(IB) Rubber Co..
Brewing
Shares
•
Klelnert
„mm
of Prices
150
Kings County Lighting common.
4 %
cumulative preferred
King Seeley Corp
Kingston Products
Kir by Petroleum
Klrkland Lake G M Co Ltd
•
for Week
Range
Par
6%
Sales
Week's
Last
Sale Price
High
Klein
Gatlneeu Power Oo common.
29
New York Curb Exchange
Range Since January 1
High
31
EXCHANGE
ENDED
Friday
8*4
.8%
WEEK
(423)
STOCKS—
Shares
V 9%
10
1
Brewing Oo.
Pitt
Fort
CURB
FOR
CHRONICLE
for Week
Range
Low
FINANCIAL
Sales
of Prices
Par
&
\i
Jun
3%
Jan
Mar
7%
Jan
75
Jan
Jan
32
THE
(424)
COMMERCIAL
NEW
YORK
KANGE
Friday
Week's
STOCKS—
Last
New York Curb Exchange
Sale Price
Y
N
Y
Auction
Low
Co
common—
Honduras
<jt
Y
Shipbuilding
■*
5%
5%
2d
common—.—1
12 Va
11 %
12 Vs
100%
96%
96%
"iVA
10
5
—
NHeo-Bemeuc-Pona
9
9
Northeast
North
Utility
»/8
Feb
7,100
9'A
Jan
9 Vs
1,100
7%
Jan
10% July
9'/2 Mar
10%
600
8%
Apr
11% May
9
io y8
10%
%
500
%
Apr
100
28%
Apr
30%
31
200
*
2%
2%
10%
10J/2
23A
2%
83
50
Northrop Aircraft Inc
Novadel-Ageae Corp.
28
300
1
Co
Northern Indiana Pub 8erv 5%
St
Lawrence
6%
6%
14-
14
flchulte
(D
Bcoviii
Scullin
Securities Corp
Steel
Co
37
Beeman
oegal Lock et Hardware
Inc
Bros
Corp
SOfl
common
Co
ciass
B common
•
Ohio Power 4%%
preferred
100
Oklahoma Natural Gas——.—15
Old
Pomdexter
Distillery—_
35
35
109%
29 Va
Bemler
Sentinel
13% May
15%
Jan
8entry
Pacific
1st pfd—
Power & Light
Service
Pacific Public
1st
*
Pen
102%
Jan
98
Mar
Feb
19
May
Jan
26
July
6%
Jun
11 Va
Jan
14%
Apr
17
Jan
50
19
100
42%
15%
Jan
Jun
80
Jan
7'? 3
Jan
41
103% 104
4%
"34
33%
4%:
34
'
55
54%
25%
29% Mar
Jan
4
9%
Jun
50%
I,*00
7%
Jan
4% Mar
59% Apr
Jun
8% Jun
,
11%
7%
900
200
"218
1%
2%
11
10
15%
15%
16%
3%
Mar
6%
3'/a
5%
Jan
Jan
3A
Apr
Jun
23/B
Apr
10%
Jun
Feb
553/4
Jun
14
Jun
3%
■
Jun
11%
—■
12
July
39.
7
Jan
Mar
Va
Feb
25%
Jan
69
4%
Jan
13 3A May
200,7
4%
Jun],
300
6%
Apr
8%
Jan
36%
100
5%
13%
24'%
Jun
1%
700
/.
Jan
2%
1,030
..
5%
?"
'■
5
•
5%
Jun
53/4
Jan
.8%
,
Jan
114 %
Apr
•
-
__
11
•.
Jun
■
91% July
•
29%
2.50
8%
1
30
8%
Jun
500
83/4
Jun
Jan
l'/a
Jun;/,'
11%
1%
7
Jun
93A
Jan
25
953A
25:
94 Va
3,500
73A
100
73A
7
--
98%
Jan
Feb
1%
—•
Jan
7%
10%
~
of
98%
38
Jun
800
1%
.—*
95 Va
26
150
8%
10%
"l%
•
com
100
98'A
7,;
12
I
100
12
12%
'
1,100
Ilia
9%
9%
53A
53A
11%
50
-10
Jan
8%
Jan
10'A
common
200
•
preferred.
90%
Jan
100%
4%
89-
100% July
21% Jan
Jun
9
Mar
5
Jun
90%
230
85%
Jan
90
143%
Apr
150
13%
Feb
•
.
12'A
Jan
7 % May
13%
13'/a
92%
150
Jan
July
14% May
R
10
10%
275
15%
Jan
1
7/b
'/a
100
%
Jun
1
22%
23
19%
175
21% July
16 Va Jun
26
Jan
20
Apr
10
•
preferred
common
A
Co
dep rets for ord
(The)
~4%
3%
3%
—
b
Jun
4%
Sick's
2%
2%
20%
Jun
Jun
2%
Jun
3 Va
Apr
19% Jan
10% Jun
2,900
13%
13%
1.800
58%
x56 %
58%
400
22%
14%
Apr
Jan
60
Mar
53
.100
J an
105% Mar
Canada
18
12%
Ltd
12%
300
3%
3%
100
27%
27%
Mar
Amer
3.90%
Smith
Jun
15
Jun
Pa
29%
Apr
Jun
7%
Jan
70
220%
July
236% Jan
2% Mar
9%
~3
2%
3% Feb
03
Jan
%
Jun
28% Mar
8%
Jan
12%
1,700
1,500
A
7%
1
10%
3
7
Va May
1,100
7%
3%
3%
3%
26%
27'A
2%
1,500
Jun
Jun
3% Jdiy
Jun
36% Jan
600
26%
Apt
1% Jan
2%
6%
800
1
12.50
Pipe Line
Apr
25%
10%
1
common
California
original
May
5%
88%
1
Manufacturing
6%
27
1,100
232
225
1
South Coast Corp common
South Penn Oil common
8outhwest
50
May
4% Jan
6
5%
•
Co
Jan
13% May
£ I
Corp
Southern
20
3%
100
Manufacturing
Sonotone
5%
100
Paper Mills
Feb
109% July
& Elec Co—
(Howard)
ISolar
11%
*
All craft Co
00mi
Boss
1
preferred
Jan
14%
•
dep rets ord regis
8ioux City Gas
il Apr
Jan
Publications—
S3 convertible preferred
Simplicity Pattern common
Simpson's Ltd class B
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
13
11%
•
•
common
8immons-Boardman
Jan
Jun
1,500
19%
13%
1125
common
Breweries
Bilex Co
Feo
Jan
8%
2%
19%
••
25
3:* tth
Jun
8
Jan
10
14
May
18
Jaa
25
37
Jan
45
May
Edison—
preferred—
4.««>
cum
pi eierred
26
28%
400
4.56%
Apr
29% Feb
conv
preference
25
29%
29%
29%
1,200
28
Mar
25
28%
28
28%
1,100
26% Mar
30
May
29% J*»
25
26
25 %
23% May
26% Ju<y
28%
27,,
4.48%
conv
4.22 >
preference
cum
preferred
Southern Pipe Line
Southland Royalty Co
28%
Spencer Shoe Corp
•
27%
400
4%
300
4
July
28%'
700
26
Jun
•
Btahl-Meyer Inc
26
4
1
6
Standard
Standard
Dredging Corp
—
Forg-:ngs Corp
(Ky)
•
50
16
Jun
3%
100
17%
1
•
6%
3
2'/a
/' 7.
'■'■mm
3%
corn-
■
Jun
May
10% Jaa
Feb
31'A May
13/4
2,400
1%
Feb
6s/a
3%
4,700'
7'
...
—
■
•"•V-'aJ— •'
Jan
2%
Jan
Jan
so
19 Va
Jun
1
1%
l'/a
14%
113/4
12%
4%
4%
16%
2%
2%
7%
8
nn-- ;-;*v'
7
7%
7
;7>"
Apr
Apr
7% Jaa
3%
Fao
2% Mar
4 V4 May
75
Apr
24% Jaa
15
Jan
7V4 July
1%
Jaa
4%
Jan
% Mar
10%
100
Feb
10 V8
400
:
Apr
% Mar
150
16 Va
Jan
2%
2%
139
2% May
9% July
7
400
14%
'/a May
5%
700
1,100
■
„
—15
500
1 Va
2%
•
14%
nil
9
\y>
•
Swan Finch Oil Corp
2
600
10
7%
if
I250 v
;
Drug common
Superior Portland Cement, Inc
Superior Tool & Die Co
5% July
23/4 Jan
67%
'mmm.
77
3%
••
2%
/•
*
common
Sun Ray
»
—-
7*
"
.1
Ills'• "I- ;; 1%
—
Feb
Jan
100
20% 7
l'/a
—1,
■:»
1%
112%
140
•
7%
—1
■■
J
72
»+■■■■
19
8
">
—1
Co common—.
(Hugo) Corp
Stop & Shop Inc
Hi
Jun
Apt
21% Feb
4% Mar
28%
203/4
Stein (A) & Co common
1
Sterling Aluminum Products
Sterling Brewers Inc
ISterling Engine Co
Sterling Inc
16 Va
Jan
% M»f
8%
600
72
7
Stlnnes
150
— ~
3%
1;."'
4% Jaa
Jun
200
in*
7/*;:
133'/a 136 3A
76%
2'/a
J«a
3% Apr
%
30
1%
I.'
'
.
nil
Co
173/4
9'A
9
7;;
Steel Co of Canada
Co
17%
,30%
1
&
17%
17%
1
(S)
Jun
1
Standard Tube class B
Starrett (The) Corp
Stroock
5
30%
..
Standard-Thomson Corp
Stetson (J B)
3%
%
6% Jan
31
Jun
700
300
3%
-20
•
200
%
7%
s
—10
preferred
3%
A
7%
1:
Oil
Products
3%
717%
common. —1
Standard Power & Light com—
Common class B
$7
3%
—
—1
$1.60 convertible preferred
Standard
2 Va Mar
.2178
Brewing Co
Standard Cap & Seal common
Convertible preferred
Tampa Electric Co
Technicolor
Texas
Inc
Power
&
•
common
Co
Jan
4%
Jun
r
14
500
Apr
12%
Jaa
2la
Apr
14% July
13V. Jaa
5%
Jaa
17% Jua
500
2% Jun
3
Jan
150
V7
;7;7 7Va Jun
11
Mar
&
Jun
20%.;,
1,100
.
1%
2
Mar
Apr
—"
x30
July
—5
143A
...5
5Va
Inc
40
14 Va
14%
Jan
10%
120
SOO
Jan
May
8%
100
7%
7%
io5
1
11%
11%
100
13%
12% Mar
dep rets ord regis
dep rets
Royalty
— -
£1
Feb
7% July
10 % Jun
Jan
■
46%
_70c
Tonopah Mining of Nevada
True
Temper
Trunz
80c
3 Va
warrants
400
13A
Feb
775
91 Va
Jan
%
1
%
%
x39
1,400
com
Jan
2% Mar
98
Jan
Jaa
A Jun
1,200
3 Va
Apr
4 V«
2Va
Feb
2% Mar
15%
Jun
24
Jan
18%
400
V4
9
v'
Jan
18% July
Jan
100
4%
9
3%
Jun
24%
7Va
Jan
100
-
4
•
preferred
Feb
\\ Jaa
60
3,000
•
HIi
*
6%
Jun
Jun
3%
13
——
convertible
Jan
2%
•
Works
Jan
13%
63% May
2%
*
Corp
Lamn
10%
3Va
2%
Inc
Tu^i-Sol
l'/a
95 Va
1%
"%
1
Corp
100
200
94
1
Lux
Tri-Continental
V2
46%
13A
.100
pfd
Jun
V2
46%
■
—
20
334
"'V
.-«.«•
5s
regis
common
Corp
Toledo Edison 4 'A %
Jan
:
52
Amer
def
17% Jan
•
Stocks
Corp
Apr
Feb
14% July
8% July
Tobacco Security Trust Co Ltd—
Shipyard
15%
128
11
8%
;
_25c
Construction-
&
26
1,200
8%
Jun
11%
Jan
——.
Jan
4y8 Mar
1% Jan
May
19%
1%
1%
1,300
900
14%
—i
Allied
Jan
2% July
1
1
56
May
7%
%. Mar
20%
19
14%
122 % 122%
IIoo
common
Markets
Roofing Inc
Tlshman
Realty
Tobacco
29% x30
14%
pfd
common
new
Corporation
x30
a.
common
Light 7%
Trans
xl7% July
20%
Jan
3
300
21%
U
Jan
Jun
25%
Jan
Jun
2%
Jan
Ulen Realization
Corp
———10o
Corp
e
-5"
2y8
Jan
of
1
Chemical
Union Gas
Apr
Unexcelled
Canada
—*
Union Investment Co
2%
2%
4
2%
700
—
—
Jan
Apr
1%
1,000
10%
10
..
Jun
7%
Jan
6%
Jan
92%
Jan
98
July
53% May
57
Jan
3%
Jan
10% July
6% Apr
Union Oil Co of California—
94%
91%
94%
490
19-
*19
8%
19
100
-•8%
4%
~2h
common
Ltd.
—-
21
89
Jan
18'A Jun
'
94 V\
27
July
Jan
$3.75 pfd series A
Union Stock Yards of Omaha
United Aircraft
9\
500
4%
•100
22
••
5%
5
4
.
4
4%
20%
Jun
x6%
Feb
1,200
5
4%
4%
Jan
200
5%
5% Mar
6%
-
4'/a
Havnos common.
page 33.
8% May
1
1,100
7-7
"5%
common:
.
St
4%
iuo:
3%
—
For footnotes see
78%
Jan
98
-100
400
—
—
reg__
Ryan Aeronautical Co.
Ryan Consolidated Petroleum.
Ryenton
1,400
3%
*
common....
Inc..
Corp
~4'/a
*'
Rotary Electric 8teel Co
Royalite Oil Co
700
1
Engineering
Rome Cable Corn
Rowe
Va July
52 V2 Mar
5
pM P.— .100
Roeser & Pendleton Inc
common—
Russeks Fifth Ave
17
1
Rochester Gas & Elec
Field
18%
5,000
6.25
Rolls Royce Ltd—
Roosevelt
18%
a
_•
—
Amer
May
2
8%
Shoe Corp of America class A
Toklan
y8
Railway St Light Securities—
Voting common
Railway St Utility Investment A
Rath
Packing Co common
:
Raymond Concrete Pile common
St
'
%
preferred
Todd
option warrant*.
Rice-Stlx Inc
Richmond Radiator—.
Rio Grande
Valley Gas Co-(Texas Corp) v t c
79% July
•
Amer
Reliance Electric
Jan
IiVa May
Jan
Jan
148 »/8 149%
100
Regal Shoe Co
Reis
(Robert) St
200
19%
Jan
'
Quebes Power Co
Manufacturing
Reading Tube Corp class
2%
J»n
Jun
15
3'«
76
common
8herwin-WiIliams of
Thorofare
$3 convertible
Raytheon
2%
2%
common—
Tlio
Aadlo-Kelth-Orpheum
50
Feb
Jun
;
preferred
Oats
79%
Bheller Mfg Co
Thor
6%
79%
Jan
Control
Sherwin-Williams
Thew Shovel
Quaker
1,450
1%
16%
class B
Leather
Standard
1.000
593A
3%
Feb
57s July
18
3,700
11%
57%
'I—
>/
2,700
•
__
57%
1
11
1,700
18%
23/4
V
z% July
2,100
7%
"2%
18%
Jun
'/a
2%
3
Corp
Safety
Standard
'•
1
12%
18%
50
100
41'A
Jan
.
%
Light—
.
.
100
Puget Sound Pulp & Timber
Pyle-National Co common
Pyrene Manufacturing
5'A Mar
32% Mar
650
9%,
2% Mar
106% May
Jan
100
Apr
8% Mar
1% Jun
200
,
56%
50
Colorado—
4%% cumulative
preferred
Puget Sound Power St
Mar
Apr -
3
12%
1
47
Jun
100%
550
•'
2.50
5% Apr
Jan
300
2
.,
7
1%
10
Co class B
24% Jan
May
Jun
200
1%
25c
"Providence Gas
Jan
23%
27%
—1
Producers Corp of Nevada..
.
11'A
100
1%
1
Lambert Co
4
1% Jun
:
.
9,500
shares——]
Inc common
Metals of America
Apr
25
8%
'
Prentice-Hall
38 %
11,400
7%
•
1st preferred
July
22,700
12
41%
1
Amer
103
7%
21/
500
common.
Jun
2%
1G
8%
/
8% Jan
37% July'
50
■
;?5% 1%
—2.50
common
prior
37%
12
42%
21
Polaris Mining Co
$5
100'%
'
Powdrell St Alexander
commorl
Power Corp of Canada
8ervice
380
1
Pleasant Valley Wine Co
Pneumatic Scale common
Public
6% July
50
•
Pltney-Bowes Ino
Pittsburgh Bess & Lake Erie RR
Pittsburgh St Lake Erie
Pittsburgh Metallurgical common
Prosperity
Jan
21
2-50
Pioneer Gold Mines
Ltd—.
Piper Aircraft Corp common
&
Jan
32%
IVa
100
Phillips Packing Co
Pressed
36
Apr
•
-
Ltd
Apr
29Va
I
Pharls Tlfe St Rubber
common
Philadelphia Co common
Pierce Governor
Pinchin Johnson
32%
2%
■
,
100
: 200
15
2
—.
Jan
8% July
1,700
25
Peppercll Mfg Co (Mass)
Perfect Circle
Corp...
Jan
22%
6%
16
-•
pfd
14
Jun
Jun
32'%
25
Light 4%%
Apr
35%
*
$1.32 cum preferred
Pennroad Corp common
Feb
94
12
17%
Jan
Mar
6%
400
102% 102'%
I—J
Penn Gas & Elec class A
common
Penn Power &
9%
6%
7%
.—
Penn Traffic Co
Penn Water St Power Co
Pep Boys (The)
14
Jun
Apr
32 Va
2%
common
Jan
31%
23%
—l
Ltd
40% Mar
112
34%
34%
37%
Co—
Co
8%
•
$1 cumulative preferred
'Pratt
200:
•
preferred
Peninsular Telephone
6%
Feb
27% July
8% Jun
:i5o
pfd—.
com
Parkersburg Rig 8t Reei
Patchogue Plymouth Mills
Patican
Jun
106 %
Jan
12%
—23
Page-Hersey Tubes common
Pancoastal Oil (CA) v t c—
Pantapec Oil (CA) Amer sh—.
Paramount Motors Corp
Parker
32%
70
11
23
5%
2%
Feb
100
1,700
8%
7%
„
Elec 6%
preferred
1st
$1.30
35
shares
Lighting $4.50 preferred..
Pacific
2
11%
1
Pacific Gas &
18%
17%
Inc—
Br
Radio
Jan
Apr
12% July
certificates
(R
Jun
Jan
2
July
15
..25
Jan
19%
Jun
1 Va
Jan
2% July
10
2,300
5,200
common-
3%
Jun
28%
21,900
stock
prior
Inc
2% Mar
2% Jan
20% July
900
2
1%
Allotment
2,200
30
8%
Pacific Can Co common
11%
l'/a
2%
$5.50
Jun
*
Securities
11%
l'/a
1
1,800
2%
Feb
105
200
13,800
25
"2%
Apr
Jan
2%
2%
1%
1
3'/.
11%
109% 110%
30
1% July
1% Jun
2% Jun
11%
5
300
2%
900
"l%
stock
Industries
5% May
1
O'okiep Copper Co Ltd Amer
5Va %
2%
1%
•
M'.mng
Bhawinigan Water & Power
.
Jan
l'/a
2%
Shattucx Denn
1
Oliver United Filters class B
Omar Inc
Overseas
2%
Jan
11%
14 %
Co—
Shoe
Seton
Brass
Jan
19%
1
Convertible
0
Ohio
8%
Jun
22
1
Beloy
July
3% May
4% Jun
16% '** *:"600
22%
*'
common
General
Selected
89
600
7,400
2
1
Jan
Jan
4%
l'/a
...25
Jan
Berrick Corp
Ogden
High
6%
16
»
1
common
Jun
101%
70
14
Inc
A)
Manuiactunng
3,100
6%
Low
._25c
Jan
82
Range Since January 1
5%
IIIr
Bamson United Corp common
Savoy Oil Inc (Del)
Bayre St Fisher Brick Co
2%
2'/s
50
Snares
High
4%
16
.49
15 ya
1,000
103% 104%
pfd.100
1
—-—
2%
85
1
common.
Feb
1%
for Week
6%
Apr
1
37%
Mar
Corp Ltd
preferred
conv
10% July
100
•
Securities
Low
Apr
96% July
% Jan
Jan
400
11%
31%
Oil—
Texas
RR
92%
A
vs
%
Airlines
Penn
Apr
31%
common
Central
July
*
class
Rayon
American
North
12 Va
100 ya
A——•
Mines
Class B
North
Jan
A
*
Nineteen Hundred Corp common
American
7%
20
100:
—
North
20
94'% Mar
325
96%
preferred
optional warrants
Wipissing
Jun
96,100
100
100
;—
Niagara Share Corp common
B
Jun
30% Apr
13 ya Feb
15%
100
Sales
Range
01 prices
Par
1st
17%
Sale Price
8% Jan
Feb
10
17%
Week's
Last
New York euro Exchange
High
8Va May
,
2#%
17%
1st preferred
Class
100
1
Power
rtuason
Low
8%
"
Founders shares
Niagara
Friday
ao
Corp—
EXCHANGE
WEEK ENDED JULY 29
Range Since January 1
High
8%
.
Monday, August 1, 1949
STOCKS—
Shares
.10
Rosarlo
Mercnaauise
Y
£*
N
—
CURB
CHRONICLE
for Week
of Prices
»
FOE
FINANCIAL
Sales
Range
Par
N
&
1,300
*
200
10
5%
37
7%
Feb
United Chemicals
Apr
Feb
Apr
6% May
Jun
10 y8
Feb
6%
Jan
Jun
50e
com
United Corp warrants
United Elastic Corp
4% July
3% Feb
3%
Products
5% Jan
5V» Mar
United
Light St
United Milk
.
•
III7
Railways—
Amer
37%
100
A
x3.
5,000
26,500
*
28
28
28
27%
27-
27%
1,000
100
common—
—
75c participating preferred
United Molasser Co Ltd—
Untt<»d
.14
2%
37%
•
common
Products
2Va
—
7
—
—
dep rets ord regis
N.T
RR
Sr
Canal
l'/a
32
May
Va
.100
241%
10
'3%
39
Jan
Jan
A
Jun
Jan
25%
Jun
30% May
21
Feb
30 V4 May
7% M&7
15% Jun
4%
—
Jun
241
Jan
July
10%
Jan
21
Mar
4% Feb
246%
Feb
Volume
THE' COMMERCIAL
Number 4825
170
NEW
&
YORK
CURB
RANGE FOR
Friday
Last
STOCKS—
New York
,
...
-
1
Brewing Oo
Friday
Low
10 %
1,500
8%
700
8
8 C
,
25
29
8% May
6%
800
25
:
8
10% July
9y8 Jun
Jun
Jan
8% Mar
25% July
7%
Jun
9%
Apr
(DSmil)
Klelnert
Power Oo oommon.
100
preferred.
—1
Qehman Mfg Co oommon
General Alloys Oo
General Builders Supply Oorp com—1
6% conv preferred
28
General Electric Oo Ltd—
14% Mar
a mar
dep rets ord reg
«' 4%
4%
1%
4%
100
1%
25
Apr
Feb
8
1
5%
33%
5%
8
-
—
*
100
1
8
33%
317/a
50
2,800
7%
3%
3%
800
5 Va
5%
1,900
12%
12%
-50
Jun
6%
Feb
4
Jan
Jan
100
May
Jun
116
Mar
105% Jun
3%
3%
106%
■<
Feb
3% July
Apr
18% Jan
Jun
4
Jan
5%
12% July
9% Jan
17
Inc
.8
Inc common
•1%
1
Godchaux Sugars class A
14 ->•
,
1%
1%
Jun
2%
Jan
Mar
28
74%
Jan
80
May
Feb
48
57
Mfg common.—
10- v^t'iv;v^r55V2
Graham-Paige Motors 8% conv pfd.-28 ■}&.
■"
—
\
Grand Rapids Varnish
7n
10%
Gray Mfg Co.
Gorham
Great Atlantic A Pacific Tea—
% Jun
6,100
X'Zf
.
.i--
,100
>
..
Great Northern Paper
53%
6
Jan
6%
Jan
62%
Jun
Jun
900
'7
Feb
225
103%
Feb
119
July
135%
Jun
142
Feb
28
1
Jun
138 e:
-40
.
36
"
36 V.
,
37
570
•
•
32
pfd
100
7%
•
105% 106%
105%
110
Gypsum Lime ft
8
'
4% 1;:-
'
38% Mar
Jun
102
8%
Feb
Feb
106% Mar
Helena
Rubinstein
Class
28
Jun
x50y4
Jan
(700
1V«
Jun
2%
Jan
2*'t
400
1% July
9%
93/4
200
8% Mar.
12%
12%
1,400
;
12%
6
Jun
8%
Apr
1,000
8%
Jun
12%
Feb
10%
100
8% July
%
10%
150
10 % Mar
10%
100
93
93-
71%
71%
9%
10%
Feb
15%
1,100
10%
*
oommon
10
12 y8
10 %
May
July
Jan
9%
11
Jan
20
91
Jun
96
100
68
Mar
Feb
74
May
8% May
413/4
400
39%
Jun
48%
Jan
8%
2,100
7%
Jun
11
Apr
Jan
3% May
31
Jan
*
40
40
,
8%
8%
,,,
5%
'
25%
41
41
50
40%
Refining
Mfg Oo
Huesman Refrigerator
82.28 pfd
Common stock warrants
Feb
32% May
106% May
109% May
32%
150
30 y8
18
200
I 17%
Jun
21
Jan
74%
76
•
76
2,400
68%
Jun
79%
Jan
100
x47
x47
*
•
s4
Apr
47% Feb
7%
7%
300
1%
Jun
I
11%
12%
300
10%
Jun
12%
12%
200
11%
Hydro-Electric Securities
•
Hygrade Food Products
8
3%
22%
Jan
Jan
2% Mar
Feb
2
12%
Jan
6
Apr
1
common
4
2% Jan
43
Jan
8
,
let conv preferred
Jan
144
17%
8
ft
Jun
T,Jun
31%
*
100
ft
17% Jan
42% May
May
133
•
common
Jun
14
*
15
Illinois Zinc Co
oommon
Amer
dep rets registered
-
"
.
Jan
18
Jun
Pwr ft Light 4%
■
15%
15%,
12
4%
4% Mar
-
Jan
Feb
700
14%
Feb
17% May
17% May
500
15%
11%
,11%
Jan
12%
8%
Jan
11
88%
Jan
98
98%
Jun
110%
;; 10%'Jan
12%
13%
4,400
.
...
1
48
*
'■
-
104% 105%'i
-11%
'
mmm*'
120
953/4
94%
105%
11%
v
•:
113/4
700
„;i;- 700
Feb
Jun
-
July
Preferred 83.60 series-—
88
,54%
International Metal Industries A.
*
International Petroleum coupon shs—*
2,500
47 <'
20%
600
Investors Royalty.
Iron Fireman
Mfg v-t c
-
11
11%
4%
Chute
Superpower Oorp
com
8% Mar
700
1%
Feb
14%
300
14%
Jun
4%
200
%
■v! 600
-
ol
Jeannette Glass Oo
Jefferson Lake Sulphur Co.
Jim Brown
Stores common
Preference
Julian ft
2%
■
2%
700
100
•
% May
3% Mar
%
1%
Jan
Jun
5%
<4%
Feb
3%
5%
Jun
3% May
18% July
6a
•
■
-
1
Kansas Gas ft Electric
1% pfd
Kawneer
Co
——
vv..,
Kennedy's
Inc.
Key Co common.
rij,
4%
13,400
10
10
350
7
150
10
500
ft Co—
Kimberly-Clark Oorp—
4%%
preferred
mm
14V4
~7%
common
Lipton (Thos J) Inc 8% preferred—JIB
common
,
—
..
Jan
Apr
13 Mi May
23 Va
Jun
Jun
10%
Feb
14% July
24%
Jun
26
Mar
6% Mar
7%
Jan
24% May
237/a Jan
26%
Jan
21 % Mar
24%
2,800
20%
Jun
24% May
200
73/4
Jun
18
31,700
%
Feb
400
1
Groceterias class A.
mm
Chain
mm
Lone Star Gas Co. (Texas)
Longinee-Wlttnauer Watch Co—
.18
22
21%
21%
8
8
Long Island Lighting CoCommon ctfs of dep
7% preferred A ctfs of dep..
100
6% preferred B ctfs of dep.. —100
Louisiana Land, ft; Exploration.
Louisiana Power ft light 46 pfd——*
Lynch Corp
1
V
25% May
Jan
Jan
9%
If May
3/4
%
89%
873/4
90
700
77%
Feb
90
July
80
78
80
1,250
66%
Feb
80
July
21%
20%
21%
11,500
16%
Feb
21% July
ll3/a
11%
500
6%
1,500
12%
200
-113
111% July
14%
ll3/a July
Feb
Jan
M
Maine Public
Manlsohewltz
(The B) Co..
Mapes Consolidated Mfg Co
Marconi International Marine
Jil
Corp
Mead
~6
.10
,6%%
100
Jan
Jun
3% May
i-
2
Jun
17%
Jan
Jun
37
Feb
Jan
25 % July
7% Mar
0%
Jan
Jun
15%
Jan
1% Mar
2%
Apr
2% July
6
14%
1,600
1%
13/4
1,300
13%
*
110% 110%
Jan
Feb
110 y8
Jun
3% Mar
5%
Apr
1083/4
25
4%
500
4%
.1
Mar
11%
34
mm
14 Vb
.100
Co—
6% May
400
~8%
~
preferred
Iron
Jan
19 Va
32%
143/4
—
A
Mesabl
8%
Jun
ft Scott Oorp—
Warrants
Feb
Feb
H Feb
1,900
35 Vb
1%
,
—
Jan
2%
Jun
2,700
15%
34
1%
Co
Merrltt Chapman
.,;
1%
15
—
"8%
Co
Apr
38
5%
150
6 Va
1%
ft
25
2%
6
Dredging
Mfg
Apr
Apr
Jun
4%
700
15
_1
common..
common
Johnson
Menasco
Apr
14%
13%
"53/4
1
l
82.50 preferred
McKee (A G) & Co class B
McWUliams
Feb
13%
Feb
2% Feb
1Oi
t 1l
"5%
.10
common
Co common
convertible preferred
McCcrd
8%
Jan
31
Communication Co Ltd
Harris
July
6
-1
common.
•-
25
12%
.10
10%
13
6
63/4
Service Co
Mangel Stores
.280
Metal Textile Corp common..
Jan
6
Mar
Jan
3%
—
—
:—
45
-18
Participating preferred
Michigan Bumper Corp
1
2.60
•
10
1
Steel Tube
Michigan Sugar Co common
9% preferred
Mlcromatic Hone Corp
Michigan
5%
5 3/4
7
7
1,400
48
Mar
6%
1
lVs
800
73/4
1,700
67/b
300
Class B
t
v
53/4 May
67/a July
pfd
5
•
82 non-cum dividend shares
"73/4
common
2
Midland Oil Corp $1 conv
Midland
Steel
Mldvale Co
Midwest
•
common
Oil
■
Refineries
Miller Wohl
Co
common
•
——1
BOo
80
convertible preferred
4%%
Mining Corp of Canada
•
Minnesota Power & Light 5% pfd—100
•
Missouri Public Service common
Corp
Monogram Pictures common
Monongahela Power Co—
-1M
4.40% cum pfd
4.80% cum pfd series B——.—100
Monroe Loan Society com class A
1
Montgomery Ward ft Co class A—*
Moody Investors partic pfd
*
Morris Plan Corp of America
10c
10
*
100
•
Producers
Mountain States Power oommon
Mt
Vernon-Woodborry Mills..—
•
2.60
10
Muskegon Piston Ring -common
Muskogee Co common
8y8
Apr
2%
Jan
Jun
9
—
Mar
10% May
25
18
July
II7/8
425
9
Jun
3%
3%
100
3%
Jan
«M«M
BOo
-10
Co
Apr
Feb
103/4
10%
4%
Jan
19 Ya
Jan
22% May
May
19
..
.
Apr
16%. Feb
16% Jun
300
17
17
•
Midwest Piping ft Supply common
Mid-West
,
Feb
32 y8
1%
3,400
Products—
Abrasive
Mid-West
—
Va
—
83/4
Jun
6y8
5,200
8
2
2
—'•
Corp
73/4 July
•'
29 %
~8
—1
c
West
Middle
Jan
1% May
% May
7%
7%
Feb
9%
Jun
67/a
l'/a
5%
4% Jun
,
100
Middle States Petroleum class A v t
3% Mar
2%
2%
2%
700
2%
Feb
7
7
7%
2,700
6%
Jun
Jun
7%
Jan
32 %
Jan
7% Jun
10%
i
•7%
1
1
29 y2
1
oo
co
1,800
ct"
24
100
27%
7%
7%
200
6%
27/a
1,400
2%
90%
25
~2%
"23/4
86
180
—
167 */2 Mar
30 %
—
11%
11.3/4..
31%
n%
313/a
1,200
...
•
...
< '
——
'
150
193/4
19Va
19%
,9;
-
"■
.
;
-
9
,
2%
*
Jan
July
Jan
4% Feb
180
37%
14%
Jan
33% Feb
.103% Jan
Jun
July
17
Mar.
22% Jan
Apr
28% May
24 '
mm
...
3% Jun
10% Jun
29%
'
mmrn
Jun
Mar
101% Apr
95
'450
■
M*v
P—
2%
190
540
180
—
—
*
3 Va Mar
95
July
98-
—
Jan
July
Apr
8% Mar
Jun
90%
;
30
Jun
23/4
"23/4
98
Jan
Feb
93 y2
mm'
27
—
7%
400
Jun
10 y2 July
mm,
6% Apr
1% Jan
Jun
Jan
Namm's Inc
National Rubber Machinery
Jan
National Steel Car Ltd..
Jan
National Transit common—
National Union Radio
^ Jun
10 Va
Jan
137/a Jan
,12 %
Jan
"England Tel ft Tel
Haven Clock ft Watch Co
4 fa % convertible preferred
New Jersey Zinc
New Mexico & Arizona Land
New Park Mining Co
New
Ne"
9%
Jun
13
Jan
9% Mar
12% Mar
Vpw
Process
Co common.
31
110
29 y4 Mar
13
5%
Jan
Jan
8%
Jun
9%
Feb
100
6%
Jun
10%
Jan
100
6
May
10 %
July
Jun
10%
10%
6%
63/4
2,100
6%
7%
7%
7%
100
153/4
153/4
10%
100
225
16
3
3
1
-
500
6%
53/4
Jun
7y4 May
14 %
Jun
4%
9
8%
200
6%
Feb
200
12 3/4
July
14
5% July
82 %
86%
82%
980
78% May
II
1 Vb
U
1%
900
3%
"3%
3%
100
3
57%
57
6%
1%
Apr
3% Mar
Jun
2%
13 %
18%
Apr
8%
14
Jan
Jan
8% Mar
2%
1,200
1
9
3
23/a
30o
*
34
13,900
7%
6%
100
1
20
28
1
1
July
33% Apr
9%
6 3/4
—18
•
Jan
Jan
4
8%
6%
8
common
Mar
23/4 Mar
34
1
®
Co
Jun
3
I
Corp
Mur
ID
300
14,800
4
Meter common
(Herman)
Le
100
4
4
7%
9%
.1
Jan
May
6% July
Feb
.
3%
.28
National Mfg ft Stores commonNational Pressure Cooker common.
National Radiator Co
Jan
127
7
30%
3%
National Bellas Hess common.
National Breweries common—
7% preferred
National Fuel Gas
National Malllnson Fabrics—
13% Mar
July
ii
,
u
4
common.
5%
4% Jan
9%
200
N
JO
Nachman Corp
6%
20%
8
ii
;
Cot
8
Jan
1% Apr
17
Jan
3%
Muter
Feb
9%
6T/a
10%
183/4
mm
•
•
Apr
Feb
Jun
9 Vb Mar
1,600
7%
Corp
6% Mar
23
Jun
9
133/4
Lionel
Lit Brothers
12%
*
.
KJdds (Walter)
4%
119
10#
Apr
19
3,200
Nestle
4%
8%
Jan
22 Va
Neotune
4%
Jun
5%
200
300
21%
Nelson
1
6V8
5%
20%
6%
Jan
K
KaUer-Praser Oorp
800
5%
12% July
100
400
4Va
.
7 V*
63/4
Jun
Jan
1,100
L
%
Apr
mm
Mountain States Tel ft Tel
22
%
1%
7
11%
11%
„
Jan
13%
mm
Murray Ohio Mfg Co
Feb
12%
v7
*
•
5%
Jan
21%
133/4
Apr
May
Feb
6% Jun
6% Jun
6%
6%
.
10
58
Jan
14%
_
Kokenge
55% V
.1%
Registered Shares
International Products
International Safety Raaor B—
{rvlng Air
Italian
'"54
Jun
Line Material Co—
Apr
Feb,
'
•
Jan
37/a
83/4
10
1,300
Mountain
'
pfd—100
Co of North America
International Cigar Machinery.
International Bydro-Sleotrlc—
7
13%
100
900
20%
203/a
'
81
Indianapolis
:i
10%
5% July
-
15%
15%
...•
—i
ft Ireland
Insurance
,
-fl
Imperial Oil (Canada) coupon—
Registered
Imperial Tobacco of Canada—
Imperial Tobacco of Great Britain
«v(wwi CM
*
450
6 ;■■■(
5%
.
-
Jan
July
13
43/a
6
Molybdenum
Imperial Chemical Industries—
July
7'%
Feb
May
May
-
3
.71%
A) & Co
Horn ft Hardart Baking Oo
Horn ft Hardart common
Inc
Jan
7%
10
10
11
10%
7%
7%
8
25c
.
S<*,
preferred
Hubbell (Harvey)
2ya July
10 y4 July
-
•
Inc
Huyler's
44%
1
(Geo
Oil
60
*
2
•
Hurd Lock
Jun
1
ft Co class A.
Humble
12
1%
Bollinger Consolidated G ML
Holly Stores Inc
Holophane Co common
Hormel
47
800
1%
B%% preferred w w_
4% preferred w w
Henry Holt ft Oo common.
Border's
9% May
17% Mar
1
A
Heller Co common
Hoe (R)
47'
47
14%
6% Jan
v
7Va Mar
12%
12
400
12
13% Apr
-
•4% Apr
Hamilton
5
23
Apr
6%
400
11%
MoClanahan Oil Co
200
-
7%
13
11%
Tourneau
8%
p ...
Mar
12%
7
.1
Apr
H
4%
Jan
12
18%
225
10
mm
McAleer Mfg
,
23
(RQ)
Le
Masaey
Co
Jan
Feb
4%
Jan
11%
»
-13% Feb
Bridge Co Ltd.
Hammermill Paper common
Hartford Electrlo Light
Hartford Rayon common
Harvard Brewing Oo
Hathaway Bakeries Inc
Haxeltine Corp
Hearn Dept Stores oommon
Hecla Mining Oo
Jan
Jan
12%
12%
1
Marlon Power Shovel.
Hall Lamp
1%
3
11% Jan
5
10%
138
133
12%
Jun
,.1
■
Macklntosh-HemphlU Co
100
Feb
1
Jan
--
49% Mar
.•
Grocery Stores Products common—25o
84.40
•
Jun
116% 118%
.»
'
Gulf States Utilities
Jan
v
Jun
3"%
-
Non-voting common stock—
1% 1st preferred
9%
900
—8
La Salle Extension University
Lefcourt Realty common
14% May
21
,
800
i%
7%
Lakey Foundry ft Machine—
Jan
700
^
9%
1%
Class B
Jan
x\
9%
Oo
Lamson Corp of Delaware
Lanston Monotype Machine
Locke Steel
43
80
34% July
17
Mar
Jun
10% Mar
Lake Shore Mines Ltd
Jan
Jun
—.1
Mfg Oo.
Feb
2
L
Jan
35
Gorham Inc class A
15
600
1
Laclede-Christy Company
L'Aiglon Apparel Inc
11%
•
Goldfleld Consolidated litaies-—
Jan
100
2%
12%
21%
•
l.
26%
15%
2%
22
Jun
*
B
$4.80 prior preferred
.1,150
15%
12%
Jun
16
'
100
1%
6yB July
22%
Brewing
13%
—300
Jan
Knott Corp common.
Kobacker
Stores
9%
3,300
10%
14
%
17%
10%
17
1
3%
Krueger
Lohlaw
•
11,000
15%
10% July
28
Glenmore Distilleries class B
Goodman
Jan
xll2%
5%:
Class
103
1% July
95
—•
•
8% Feb
35% Jan
Jun
800
3%
Gobel (Adolf)
Jun
100
700
1
Globe-Union
6% Mar
2
1
Co
Jun
3%
Yellowkniie Gold Mines
Gilbert (A C) common—.
Gilchrist
8% Jan
1%
Gerity-Mich Corp
6%
34%
Feb
Jun
3%
3%
5%
323/4
Oo oommon
Rubber Oo.
(IB)
High
Low
6%
34%
1% Apr
3% Jan
23%
29% Jun
.20
General Public Service 86 preferred—*
Georgia Power $8 preferred
•
88 preferred
—
•
Gladding McBean As Co
Glen Alden Coal
Jun
5y8
600
■>•
xlOI % xl02%
—
50c
Giant
Jun
2%
22% Feb
7%
1
10
General Phoenix Oorp
General Plywood Oorp common
July
4% Jun
-
£1
General Finance Oorp common
i% preferred series A
General Fireprooflng common
General Outdoor Adv 6% pfd
Range Since January 1
High
Mar
800
3
23 y2
-
92%
900
3Va
23 %
1%
■
3
15%
88 Vb
8*
Shares
9%
Kirkland Lake G M Oo Ltd
Gatlneau
Low
Kings County Lighting common
•
4%
cumulative preferred
80
King Seeley Oorp
—1
Kingston Products
——1
Klrby Petroleum
— 1
Klein
for Week
of Prices
Par
23% Mar
,100
,
Bale Prloe
High
Sales
Week's
Range
Last
New York Curb Exchange
Range Since January 1
High
81/4
;8
JULY
STOCKS—
Shares
9%
8%
Brewing
1.28
Franklin Simon lit Oo Xne common
1
4 V* *
conv preferred—
80
Fuller (Geo A)
Oo
1.
iPewri
Fox
Low
f
(423)
EXCHANGE
ENDED
for Week
of Prices
10
WEEK
CHRONICLE
Sales
Range
Sale Price
Curb Exchange
Par
Fort Pitt
Week's
FINANCIAL
Jan
May
16 % Mar
53/4 July
87%
Jan
Jun
3%
Jan
Mar
7%
Jan
Jan
2,000
51
Jun
67
7%
2,000
6
Feb
11%
Apr
1%
200
1
Jun
1%
Apr
65
Apr
59
75
Jan
31
32
COMMERCIAL
THE
(424)
FOR
RANGE
Friday
Exchange
New York Curb
Low
N
Y
N
Y
Co
Auction
JX
Sf' Mercnauuise
N
Y
8%
2d
28%
Feb
10
Jun
15%
Jun
20
IIV2
12 Va
96,100
7%
Jan
12 Va
"
100%
94 Va Mar
96%
10/a
10'A
10 Va
class A
-—*,
31
200
28
2V4
2%
100
10%
10%
300
2%
2%
1,000
RR
Co.*.,
Northern Indiana Pub Serv 5 %
Northrop Aircraft. Inc.
Novadel-Ageae Corp.
83
50
i
*
_——
6%
6%
Jan
-9% Mar
.
Scullin
Apr
Ohio
common
Brass Co class B
Jan
Seiny
2%
Jun
Selected
Jan
Convertible
3%
Apr
$5.50
stock—
July
89
Feb
Allotment
Jan
105
Ohio
Power 4%%
Oklahoma
Old
Natural
Pomdexter
•
common
preferred
100
Gas
15
Distillery
Oliver United Filters
35
35
Sentry Safety Control—
Berrick Corp class B——
Seton Leather common.——
2
2%
Feb
32%
Jun
70
106 V4
Feb
200
Radio
Corp
31%
9 Va
Pacific
6%
14
Shoe Corp
Jan
22%
Jan
—
*
Power &
Sick's
Patican
Pennroad
Apr
32%
Jan
380
100 Va
Jun
103
98
23%
Jan
26
July
37%
37%
2%
22,700
7%
37% July
1% Jun
50
2%
38%
Jan
11,400
6%
11%
Jan
16
16
25
14%
17
Jan
21
50
19
May
24%
Jan
12
12
100
11
% Jun
15%
Jan
1
Mills
7Va
12
•
—3
;
Telephone
•
common
Corp
Jun
3%
3%
100
3
Jan
41%
42%
200
41
Jun
1
42%
—25
preferredcommon
Light 4Va% pfd-
8»/4
7%
8V»
1%
1%
1%
100
—I
——-If
—
—
Mar
29% Mar
300
103% 104
34
>
4%
4 V4
2.50
Pep Boys (The)-——
Peppercll Mfg Co (Mass)
Perfect Circle
Corp—
47
Apr
25%
9,500
.*
-•
5Va
27% Apr
1
Penn Traffic Co
Penn Water & Power
Co
Jan
80
23% Jan
23
Penn Gas & Elec class A
common
Penn Power &
Jun
Apr
50
'
—
33%
Jan
4
Jun
106% May
5% Mar
32% Mar
3
;
650
9%
8% Mar
2% Mar
100%
200
56»/4
Jan
7
550
9%
100
2.50
Apr
IV4 Jun
100
34-
54%
55
50%
*
41 Va
Jan
4% Mar
Jan
Jun
59%
8% Jun
10
„
Apr
Mar
*
Pilaris Tire A Rubber
common^.—50o
Philadelphia
Co
common
Phillips Packing Co
Piper Aircraft Corp
Pltney-Bowes Inc
1
common1—
Pittsburgh Bess A Lake Erie RR
Pittsburgh A Lake Erie—
Pittsburgh Metallurgical common.
2
Power Corp of Canada
common..
6% 1st preferred——
Pratt
Metals
7%
7%
200
"ll%
2Va Jan>
1%
Jun
1,000
10 Va
Jun
11%
36 Va
57%
59%
1,080
15%
15 Va
16%
700
37/a
3%
—
6%
—
—
—
•
29%
—
69 Vr Feb
Jun
Jan
Jun
5%
Jun
11
7%
10%
500
83A
1%
3,500
lVs
7%
100
98%
—•
——
II""*
12
98%
prtor
preferred
Pyle-Natlonal
Pyrene
Co
com
II-5
common
Manufacturing
—10
8%
100
98%
Jan
Jan
38
8%
Jun
11%
Jan
1%
Jan
Jun
8%
Jan
10%
94 Va
11%
1,100H
Sonotone
Boss
1
9%
—
9%
5%
-
5%
89
100
Jan,,
Jan
90%
13%
Jan
'
9
option warrants.
Railway A Light Securities—
200
5
Jun
Rets
13%
(Robert)
%
13%
%
22%
18%
Corp
Co
Southwest
Pa
Southern
230
85%
Jan
90
143%
Apr
150
13%
Feb
A
5%
17
275
'Va
23
\
15%
92%
150
Jan
July
14% May
Jun
1
19
>•
May
1
21% July
16 Va Jun
.
Mar
26
Jan
19%
700
"4%
1,400
3%
3 %
100
2% July
5%
Rolls Royce Ltd—
r
3%
300
3
4 Va
—
20Va
20%
Apr
7%
May
% Mar
Apr
56
Jun
Ryan Aeronautical Co.—
Ryan Consolidated Petroleum
20%
1,100
;
1%
—
1%
2
1,300
Jan
8%
Jun
8%
2%
Jun
2ya
19%
Jun
3V4
19% Jan
10% Jun
1,500
2%
20%
2%
19%
13%
58%
x56 %
2,900
13%,
1,800
58%
.
400
.
""22V4
53
105% Mar
18.
12%
12%
3%
3%
300
.
Jl Apr
-T.3V4
Apr
Jan
60
Mar
109% July
>
20
Jan
Jun
3 V»
Apr
14 Va
Mar
.
11%
Jan
"11% Feb
Jan
.100
Jun
Jan
13% May
:
16
May
4%
27%
5%
50
27%
Jan
2 9'A
Apr
7%
Jan
'
27
May
6
-
1,100
5Va
Jun
232
*
70
220%
July
5%
225
236% ,Jan
2% Mar
3%
Feb
88%
25'/a
10%
9%
~3
10%
%
Jun
26 Va Mar
8%
1,700
A
Apr
Jan
12%
Apr
I Va
Jan
1,500
3
2%
•
93
Va May
1,100
7%
7
7%
800
2%
6 Va
1
3%
3%
3%
600
2%
12.50
26%
26%
27 Va
1,500
Jun
Jan
■'
3"/B
FeQ
Jun
8
Jan
Jun
3% July
f
25
Jun
—10
14
May
18
Jan
23
37
Jan
45
May
36%
Jan
Edison—
•_
cum
pieierred—
25
28%
28%
400
27
%
preference
25
29%
29 Va
29%
1,200
28
-
25
28%
28
28 Va
1,100
26% Mar
29%
25
26
25%
26
400
23% May
26% July
conv
4.82 7o
cum
preference
preierred
Southern Pipe Line
Southland Royalty Co
5
Spencer Shoe Corp
•
4
1
Common
$7
class
B
300
4
July
28 Va
700
26
Feb
30
Jun
May
Jan
6%
Jan
3J
Jua
2Va Mar
3%
3%
6
A
3%
<
300
17 %
17 %
7%
17%
3%
100
17%
•17%
9
;
17%
30 Va
1%
1%
16
8
600
-
2,400
,
^
Jun
*
'
Feb
4% Mar
19
May
'10%
Jun
1V4
Apr
21%
,
Jan
28% Feb
1% Feb
31% May
2V4
Apr
2%
Feb
112%
140
133% 136%
Jan
% Mar
8%
2% Jan
''l6Va Jun
>^-200
30%
-
,150
9%
30%
4 Va
Jun r
5
50
3%
>
-
3Va Apr
3V4 Jun
Va Jun
200
700
%
1
7%
•
Jan
139
Apr
.
Apr
'
Products
Co
—J
(The)
Co
100
4,700
5% July
;
.*"3%
"3%
*.
com
common
72
•
—
20%
1
10
«
<
V.
20%
600
"7
"7%
1%
41/4 May
2%
Jan
Jan
Jun
-
75
Apr
24%
Jan
15
% May
Jan
7'A July
5% Jan
% Mar
lVa
Jan
1,100
2% May
9% July
% Mar
4%
Jan
12%
Jan
2%
Apr
TI% 1%
14%
14
Va
11%
400
14% July
14%
150
10%
Feb
10 Va
Jan
Va
Jun
5%
Apr
17V4
Jan
100
4
500
14
2%
500
2%
Jun
3
Jan
7%
7%
400
4%
16%
2%
19
12%
4%
16%
-
Swan Finch Oil Corp
2% Mar
700
1%
(Hugo)-.Corp—
——fl.
Stop & Shop Inc
1
Stroock (S) & Co common
•
Sun Ray Drug common
25o
Superior Portland Cement, Inc
•
Superior Tool & Die Co
1
Feb
Jan
19%
500
it
.1
Stinnes
3%
67%
,
50
——*
—
Jan
Jan
9
7%
—I
-
72
■
'
1
-
-
~3%
7%
2%
2
_1
Sterling Aluminum Products
Sterling Brewers Inc
ISterling Engine Co
Sterling Inc
Stetson (J B)
6%
3%
1
& Co common—
(A)
6%
2%
■
3
1
Corp—
Steel Co of Canada
6%
.1
Standard-Thomson Corp
Standard Tube, class B
Stein
•
29%
Apr
Mar
4%
-•
preferred
Btarrett
27
28%
Stahl-Meyer Inc
•
Standard Brewing Co—
2.78
Standard Cap & Seal common—
1
Convertible preferred
10
Standard. Dredging Corp common—-1
$1.60 convertible preferred———20
Standard Forgings COrp
:1
Standard Oil (Ky)
——
10
Standard Power & Light com—.
1
Texas
Inc
Power &
x30
•
common
91%
94%
19
19
19
490
100
21
:
8%
9
4%
4%
21
-
.
22
'7
*5%
—
4 Va
pfd
8
150
7Va
Jun
II
Mar
Jan
x30
July
29 Va x30
900
common
new
Corporation
9
common
26
Tobacco
Realty
&
1,200
40
14-%
—
14 Va
14%
5
—
Inc
&
Allied
10%
120
oOO
14%'
8%
8%
13 Vs
~7%
"7%
Jan
Jun
100
1
11%
11%
100
Stocks
11
Apr
Feb
128
17%. Jan
13% Jan
July
8% July
25c
Construction
15 Va
Jan
May
14 Va
100
1
Markets
Roofing Inc
Tishman
14%
122% 122%
14'A
100
12V4 Mar
Feb
10 Va
Jun
'10% Jan
13% Jan
52
Jan
63% May
7% July'
•
Tobacco Security Trust Co Ltd—
Amer
dep rets ord regis
Amer dep rets def
regis
Todd Shipyard Corp common
^
5a
Royalty Corp
Tri-Contlnenta!
Temper
Trunz
3%
%
20
100
■-
1
'
1
200
1%
■
•
3 Va
-•2%
*
Jun
18
X39
Feb
u Jan
Jan
60
Jun
2% Mar
1%
400
1%
Feb
95 Va
775
91%
Jan
%
1,400
A
Jun
il Jan
4%. Jan
%
%
-
2%
1;
46%
Va
6V4
Jun
100
94
__
3Va
warrants—.
Corp
%
46 Va
46%
1%
—70o
pfd—
Tonopah Mining of Nevada.:
Trans Lux Corp
i
True
£1
*
3%
1,200
3 Va
Apr
2%
3,000
2 Va
Feb
18%
400
15%
Jan
98
Jun
"
2% Mar
18% July
'
Inc
•
~4% "4%
100
3%
Jun
24% Jan
7% Jan
*9
100
8%
Jun
11% Jan
24 " " Jan
Tn«<r-Sol
80c
Lamn
Works
convertible
Jan
2%
Jan
com
1
preferred
*
7
*5%
5%
500
"100
1,100
"5
1%
Jun
1%
-
9
;
U
Ulen Realization
Corp
10c
Corp————5
Unexcelled
2Va
Jan
of
89
Jan
94% July
1
Chemical
Union Gas
Apr
Canada
2%
>•
Union Investment Co.:
4
2%
2%
10
97%
98
Jun
27
Jan
8% May,
4
20%
Jan
Jun
200
x6% Feb
5% Mar
Jun
10
5%
37
2%
•
37%
37%
United Chemicals
Feb
com--
common,
United
Corp
Light & Railways
Milk
4% July
6%
Jan
4%
1,300
3%
Feb
5%
Jan
4%
4 V»
200
3%
Jun
5 % Mar
75c
Pre ducts
-
400
6%
Apr
Jan
Jan
98
July
57
Jam
-
1%
.3%
Jan
39
Jun
Jan
•
32
100
28
28
27%
27
27%
.
100
26,500
Common.-
-
Va
5,000
28
—
-
1,000
.-A
Elastic
United
Uhited
4
•
Corp warrants-
Apr
Apr
Jan
53% May
2%
United
3%
10% July
6%
Me
Feb.
Jan
92%
.
lOd
Apr
1%
Jun
.
$3.75 pfd series A—I
Union Stock Yards of Omaha-
6% May
10 Va Feb
.7%
700-
Jan
1%
7%
1,000
10'A
United Aircraft Products
18%
1,200
5
—
Jan
25%
v
8%
*
common—
Light 7%
Uiilon Oil Co of California—
94%
—_
For footnotes see
page 33.
Jan
Jun
Jan
21%
19%, Jun
6%
Ryerson A Havnen common
b
4%
:•
Jun
Va
.
„
Feo
co-nv
4.48%
Jan
xl7% July
__
*
...
—
-.'Wan
2
Jan
76-/4
Mar
4Va
>
Rotary Electric Steel Co
Rowe (The) Corp common
Royalite Oil Co Ltd^
Russeks Fifth Ave common—
3
19%
79% July
Jan
3Va
20
52 % Mar
.
3%
1
Amer dep rets for ord -r
eg—
Rome Cable Corn
common—i—„.
Roosevelt Field Inc
May
1
Toledo Edison 4% %
il Jan
Jan
%
100
1/5
1
pfd F.i
Jan
% May
k
4.58 %
,
common.
rtz
200
2%
Jan-
16% Feb
Jun
•
2%
Jan
*.8U7c
Technicolor
I
Rochester Gas A Elec 4%
Roeser & Pendleton Inc
50
2'A
1
1
original preferred
Tampa Electric Co
Va July
5,000
—1
Richmond Radiator.—
1
Rio Grande Valley Gas Co—
(Texas Corp) v t c
1%
15
•
Pipe Line
California
Jan
"4%
5
6.25
*
17 Va
.12% July
2% Jun
£ 1
-
Jan
18%
1
A
79%
Jun
-
—
100
Manufacturing common
Toklan
Va
—•
Reliance Electric A
Engineering
Rice-Stix Inc
i
5,200
1,450
79%
1
21 %
7% May
-
■/.
Regal Shoe Co
2%
18%
1
*
100
ord regis
12 V4
'
Mar
R
Aadio-Kelth-Orpheum
Manufacturing common
Reading Tube Corp class A
2%
17%
Apr
100% July
Jun
50
148% 149%
*
$3 convertible- preferred—
Raytheon
"2%
18%
Jan
2
% Jun
21,900
,
Jan
19%
July
■
90%
Voting common __—1—
.——10
Railway A Utility Investment A—:—-_l
Rath Packing Co
common
10
Raymond Concrete Pile common
•
1%
——*
South Coast Corp common
South Penn Oil common
Tllo
6%
preferred
Quebee Power Co
Jun
1 Va
14 Va
Manufacturing Co
Thorofare
common
'
15
1%
*
(Howard) Paper Mills--
SSolar
Thor
Oats
10
2,300
Publications—
preferred
Thew Shovel Co
Quaker
900
2
28 %
Jan
953A
25
12%
20% July-
Jan
100 Va
25
>
100
12
Jan
Apr
93A
Light—
$5
Puget Sound Pulp & Timber
Jan
7
—
Service
-100
Jan
14%
95 Va
Jun
,
5%
'
Feb
Jun
<7%
—
;/■
Jun
26
800
11%
lVa
*
—
-
Jun
1%
•
4%
Jan
13% May
(
,
91% July
■
150
8%
Mar
39
25%
10%
—
—
■
30
8 V4
*
.
July
Jun
4%
\
—
1
■
Apr
Jun>
3%
300
—
Feb
11%
200
>57/8
6%
12
Apr
55%
100
5%
3A
2%
14
—
5%
—
11%
lVa
1,800
*
•
of Canada
& Elec Co—
preferred
Standard
2,700
1%
of Colorado—
cumulative preferred—
Puget Sound Power A
Jan
3,700
11-
—
4%%
Jan
24%
2 Va
—
Public
8%
Jun
18
~2]g-
57%
Producers Corp of Nevada
Prosperity Co class B
Providence Gas
Apr
1%
—2.30
.—
13%
Feb
"2%
0
III100
Jan
5% July
900
18%
3%
11
1,700
50
common- —*-2.50
America
1
of
12%
18%
~2%
"z% July
2,100
>50
Pleasant Valley Wine Co
t
*—1
Pneumatic Scale
-10
common——,
Polaris Mining
Co——
—250
Powdjell A Alexander common...
A Lambert Co
Prentice-Hall Inc
7%
.1
-
1
12%
•
Pierce Governor common
1
Pinchin Johnson Ltd Amer
'shares—
Pioneer Gold Mines Ltd
Pressed
%
•
11%
25
A11 craft Co
Binar
Apr
4
21
7'/a
25
Jan
City Gas
Smith
May
2%
22
Ltd
Amer dep rets
3.90 %
Mar
19
.
22 Va
—*•„•
of America class A
Breweries
Sioux
July
Jan
Feb
—1
Reel——
Ltd—
cum
29 Va
94
*
$1 cumulative preferred
$1.32
200
102% 102%
.
Peninsular
32%
15
—
Corp
Plymouth
Co
32%
102%
July
Singer Manufacturing Co Ltd— 5
Jan
.—■—*
Co
Parkersburg Rig &
Patchogue
36
8
Motors
Pen
Apr
6% July
•
Page-Hersey Tubes common
Pancoastal Oil (CA) v t C
Pantapec Oil (CA) Amer sh
Paramount
32%
100
Pacific Public Service com
$1.30 1st preferred
Parker
100
1,700
,
Jan
2 Va
100
Simmons-Boardman
Jan
6%
35%
23
-
8%
6%
,
3%
Jun
.
Silex Co common
8% July
Jun
34%
34%
Jun
1
1
preferred—
$3 convertible
*
Lighting $4.50 preferred
Light 5 % pfd-
Pacific
:
J
2%
13,800
1
Singer Manufacturing Co
—23
2%
200
2 Va
—1
Simplicity Pattern common
Simpson's Ltd class B
Pacific Can Co common
Pacific Gas & Elec 6% 1st
pfd
5% %
1st preferred-
Jun
2%
1%
i——J
common:
common
Sherwin-Williams
Feb
Jun
12%
400
4%
Apr
Apr
11
8%,.
2% Mar
,
Mar
Jun
7%
July
13%
Sherwin-Williams
Jan
14
11%
1
1 Va
„
Mfg Co
Sheller
Jan
40% Mar
112
27% July
8% Jun
1,700
1
Securities
Inc-—-.——
Sentinel
Jan
O'okiep Copper Co Ltd Amer shares
Overseas
B)
(R
Semier
Jan
8%
900
76
Jun
100
30
8 Va
1%
certificates
15%
•
class
prior
11%
351
29 Va
30
1
Omar Inc
—
Industries Inc common
5% May
109% 110%
109%
Shoe Co,
13% May
101%
2,200
Jan
1%
11% Jan
...
1%
1
—*
1
*—-5
23
stock—
•
300
2%
19%
Jun
2%
——
Shawinigan Water & Power..
2%
Jan
Jun
4%
2
Shattucx Dehn Mining———
•
2%
50fl
8%
14 Va
16%
—
Hardware
eegai ijocx al
15 Va
37
Feb
3% May
600
7,400
lVa
Steel Co common
*
Corp General——-.———1
Bros Inc.
*
0
Corp
Ogden
25
Manutacturing
600
6.%
1
BcovUi
4%
5%
25t
—1
(Del)—~—
82
70
High
16—
1
10% July
Mar
1%
Low
6%
mm——.
—
3,100
6%
14
14
14
.
common
10% JUly
2Va- Jan
50
103% 104%
pfd_100
1
-
85
-
Inc
.
Bayre & Fisher Brick Co
Schulte (D A) Inc common
Seem an
30%
2%
Oil
Savoy
Jan
1
Apr
37% Jan
•
1
.......
United Corp
Samson
July
% Apr
28%
Range Since January 1
16.;
Securities
100
-
v.
11% May
500
Airlines—
cdnv
•
Apr
%
.
Central'Texas Oil
Penn
7%
600
%
91/4 Jan
1,100
Utility Securities——*
———.—J
American
North
7,100
Va
9
31%
Class B common—
Northeast
Feb
%
Rayon
1st
Apr
Apr
96% July
Jan
Va
31%
Mines
American
North
HV4
92%
10 y«
9
9
.9
•
20
400
1*8
11 %
-5
325
,
96%
ft
Snares
High
4%
Corp Ltd common
1
preferred—49'»■
St Lawrence
100 Va
100
—*
Nineteen Hundred Corp common
Worth
100
•
Niagara Share Corp common
North
Feb
17%
96%
Low
Apr
13 Va
17%
-
Niles-Bement-Pona
Nipissing
30 Va
-
.12 Va
.1
100
100
for Week
ot Prices
8% Jan
17%
preferred
optional warrants.——
B
8Va May
,
Niagara Hudson Power common
S% 1st preferred-;
Class
100
8%
Sales
Range
Par
High
v
(
Founders shares-
5%
Low
High
Week's
Last
Sale Price
Exchange
New York CurD
Range Since January 1
—10
—
Corp—
Shipbuilding
Shares
-10
Rosario.
Honduras
dc
♦
common
Friday
STOCKS—
for Week
Range
of Prices
Par
EXCHANGE
WEEK ENDED JULY 29
Sales
Week's
Last
Sale Price
Monday, August 1, 1949
CHRONICLE
FINANCIAL
CURB
YORK
NEW
STOCKS—
&
May
Jun
..—A jAn
26%
Jun
30% May
21
--
Feb
30 V4 May
10%
participating preferred-
Jan
21
7% May
15 Va Jun
Mar
United Molasser Co Ltd—
Amer
dep refs ord regis
TTtdtwl N.r RR
&
Canal—..
4%
.100
241% 241%
10
241
Jan
July
,
4%
Feb
246% Feb
,
THE COMMERCIAL &
Number 4825
170
Volume
NEW
YORK
FINANCIAL
CURB
STOCKS—
Range
Sale Price
>
Par
United Profit Sharing com
Low
..10
preferred.;——
.
United Shoe Machinery common--, ..25
Range Since January 1
High
%
Low
n
200
•49J/e
40 J/4
40%
:
2,1215
40%
80
50
IV»
8
8
%
14
Apr
Jan
3%
U
175
3%
iy8
300
2
2 J/a
3 J/4
47 J/a
23
23
Jun
6%
1%
23%
35 J/4
Feb
350
1,000
2
1,400
21
Extended
at
130.
J-J ;
J-D
1966
—1969
Jan
200
4
Jun
63
Jun
71
250
25 Va
Jun
1,100
3%
Jun
*
29
::_i
27
41/4
29
4 J/4
4
2%
-20C
Syndicate. Inc—
Vogt Manuafcturing—.
—_.
Venezuela
2%
J/a
M-N
1st mtge 3s-z——
.1968
z—
106
—
11
A-O
100
Aircraft; Co
•
Wagner-Baking voting trust Jctfs ext.'* ;
7 %
preferred——
.....100
Waitt fir Bond Inc.-—s.—*—zz
.1 n"
3
11
50-year 6% debs—
Queens Borough Gas & Electric
12%
1% Jun
7%
200
j'
1998
$2 cum preferredzz.———z_z—..30
Waltham Watch Co—-1—:——
..1
Voting trust ctfs w ;i_.
1
.....
%
:i%
;
Ward Baking Co " warrants.™—
Warner
-
Aircraft
...1 ?
Tablefc
fit
preferred
Stationery
Westmoreland Coal——i.
Westmoreland Inc
/
Wilson
—
I
—
Willson Products Inc..
29
10
:
...
1
.!
—.
:
1
23/4
153/4
73/4
36
27 J/e
2
29%
10%
103/4
10%
10%
...u;
10%
July
Feb
8
Jan
Jun
Qfi
106%
105% 106%
.
1
26
51
148 J/a
159
5
101%
104
:
160% 101
—
111
3
109%
7
103%
•z.-
105 »/4
106
104
104
105% 105%
rll04
106 J/4
•U04
106
*
—
7
105% 105%
,
114
105%
103% .106%,;
,;
'U00% 103 %
F-A
»■
-99%- 101%
106
106
77
6
<U20
130
—
164
70
104 J/a 106%
5
77
—
'
M-N
A-O
A-O
"
,;
:
77
95%;
123
127
63
72
18%
52
18
>
7
53
59
39
40
55
39%
39'/a
36%
J-J t
58
30
50
28% ' 50 J/4
'•;
►
58
—
130
1953
•:
*
50
1940 coupon
1956
coupon—.—1956
130
—
Hotel—
income debs
A 5s
12
.
86%
West Penn Electric 5s
—_-——J2030
J-D
Western Newspaper Union—
6s conv s f debentures
—1959
e
A-O
.—I960
;
F-A
82%
86'/a
106% 108
;
2
85%
107%
J-D
.
"
7
107% 107%
M-S
1954
—
West Penn Traction 5s
Jan
14
Jun
A-O
.1946
Washington Water Power 3%s_:—1964
Apr
107/e
8% Jun
10%
>
UK3/, Mar
Jun
98
1947
1
Waldorf-Astoria
15 J/a Mar
33
1
A 7s ex Dec
Jan
5
300
700
106%
105%
—
J-J
1946
A7-4s :,'2nd stamped-
A7s with Dec
Apr
10
13
—
10%
103
II
Corp—■
A6J/2S ex Aug 1 1947 coupon
United Electric Service Co—
'
Jan
23% Feb
300
105%. 108
6
111
*
A-O
.
Ternl Hydro-Electric Co—
A 6 J/aS With Aug 1194r0 coupon—1953
May
9
83/4 July
2'/e Apr
«...
29
2 3/4
19
—
—
29%
.
Jan
Jun
7
250
-
■
(Hugo)
A7-4s 3rd stamped—.
...
Stinnes (Hugo) Industries—
Mar
153/4 July
5%
9%
9%
25
'
"
111
1966
—
——
:
Jun
15
May
100
-
22
'
Jun
400
—
106.
Feb
Jun
collateral trust
Stlnnes
Apr
im*.
»:
105%
104J%
i
158%
*100%
*
1989
1950 ,(
—
—
5s
Feb
155
: 26
.
__
~
r?) 115 J/a
20%-Mar
200
7%
65
57
103%
r
.
Cf?
F-A
——1973
Spalding (A G) 5s.
AStarrett Corp; inc 5s_.
1% Apr
7% Jan
Jun
14
15%
B
—
2%-Jaa
Jan
—
3
.
—
J-J
;
Southwestern Gas fit Elec 3 Vis——1970
21 J/4 Jun
75
-•
.
Southern
..Vk July.
4% Jan
138
,
ser
—1973
z
Jan
Jun
112
100
29
—
5% preferred w w.
25
Winnipeg Elec common...
u
;
.*
Wisconsin Pwr;&Lt 4%% pfd
100
Wpodall Industries Inez
4,
2
Woodley Petroleum common.
8
Woolworth (F W) Ltd—
r
r
■
American deposit receipts-;
5s
6 %
preference—z—
z—-——£1 *
Wright. Hargreaves Ltd——z
*
V'
1:
23/4
;
.
-
—J
,
„■
—
1 7
...
29
__
•
r'
-
241/4
A——-1
Jan
July
% July
6% May
700
__
:
i—
M-S
103/4
Jun
2% Feb
,
100
•..
—
—
10
—5
Brothers common——
7%
24I/4
20
M-S
2%
%
;
200
%
—
1952
3s—1965
Lt'fit Pow 6s B—
Southern California .Gas 3 Vis—>u—1970
Counties Gas (Calif)—
1st mtge 3s.z—
1971
Jan
"Mar
111
1 J/e
9,800
-4,
106
102% 103%
103 J/4
M-N
A—
1st fit ref M 3s
'
*
Weyenberg Shoe Mfg—
Whitman (Wm) "fit Co
Wichita River Oil Corp——z_—
Wickes (The) Corp.—.—
Williams (R C), fir Co_z_
6%
v
6,500
33/e
-6%
;
com...*
—
A
1%...
3%
6%
Western* Maryland By 1% 1st pfd_.100
Western
400
:
—'
Wentworth Manufacturing—-....-..1.25
West Texas Utilities' $6
.%
1%
3%
Corp——.
9
8%
1
*
1
51
158
J-J
.
A-O
Apr
9%
Mar
llMay
'
.
51
t
"
'V
■
——
l7/e
•
;
7% July
109
100% 102'
58 J/a
130
Jan
'
7%
—
102% 105
108% 109%
„„
1106 Vi 106 »/a
J-J
1952
6V4s series
Jan
3J/8S series
m-mrn
40%
78%
Co—
Southern California Edison
—
.
i 1105% 106'A
—
1940 coupon- .1960
1 1947 coupons- .1960
Elec & Gas Co—^
Public Service
Apr
W
Waco -
105
195 J/i
J-D
.1970
Hydro-Electric
—
J-J
AO J/as ex Oct
6%. Jan
1% May
July
100
11"
50%
21
~2
39
105% 106%
-1104%.105
A-O
,1971
.1964
Lexington 1st mtge 3s—
Pennsylvania Water fit Power 3 Vis .1964
San Joaquin
11
27%
103% 104
,
Safe Harbor Water Power Corp Ss.1981
#
—
—
58 J/a
M-S
—1961
Park
34% Mar
,5% Jan
5
Petroleum.
Venezuelan
4%
62
1100 J/4 103%
A6J/2S with Oct 1
4%
High
29
1109'4 109%
-
—1967
Ohio Power 1st mtge SVtS-—
Jan
2% Apr
241/4 May
Piedmont
.—1
;
1103.
.
A-O
3 Vis
Valspar Corp common.
f—
$4
convertible preferred.
Vanadium-Alloys Steel Co.—...
;
55
.39
—
F-A
—1963
.
J-J
—1956
to.
4%
150%
—1963
—
Milwaukee Gas Light 4%s—z.
New England Power 3 y4S—
Jan
July
26
Feb
23%
75%
Jan. 1
Low
X25% Feb
21% Jun
2%
23
2 J/a
50 y2
Feb
24 J/4
2%
Superpower
Kansas Electriq Power 3J/2S
Kansas Power 'fit Light 3 %s
McCord Corp deb 4yas—
Midland Valley RR—
Jan
1% Jun
400
-...
A7s eXT Nov 1
Jan
Jun
75>/4
Range Since
No.
High
75%
J-J
1940 coupon.. —1952
1947 couponi-— —1952
Altalian
79'/a Mar
,
ctfs
escrow
A 7s with Nov l
16% May
3 J/4 Jan
Jun
.
Sold
Isarco Hydro-Electric.Co—
Jan
1
500
46%
:i%
Feb
73
1,000
1J/8
1%
Jun
12 % Mar
..
...
ADebenture
40% July
8% Feb
% July
1,800
.79
Jan
6%
400
3 J/4
3J/o
77 J/8
.•
300
1,000
.
14 %
3 J/a
77%
-
J/4
1
37 J/a
Bonds
Bid & Asked
Last
Sale Price
Interstate Power Co—
Jan
52 Va
May
42 Va May
~
Period
Exchange
Low
7%
5 J/4
49%
New Fork Curb
High
% Jun
10 % '
-25
Preferred —;——>—*
1
United Specialities common
U S Air Conditioning Corp—— .100
-.1
U S Foil Co class B__.
—
•
U S and International Securities..
•
$5 1st preferred, with warrants.,
III
U S Radiator common
U S Rubber Reclaiming Co.—,;—4 —1
United Stores Corp com—— .50c
-10
Universal Consolidated Oil.—
-10
Universal Insurance.
Universal Products Co common.— -10
—5
Utah-Idaho Sugar-—;
*
Utah Power & Light common-
Week's Range
or Friday's
Friday
Interest
BONDS
Shares
33
£9
for Week
of Prices
.250
—
JULY
Sales
Last
Exchange
New York Curb
Week's
(425)
EXCHANGE
RANGE FOR WEEK ENDED
Friday
CHRONICLE
1106 J/4
1119Vi
105
—
'
103
1101
109
118% 119 »/4
—
—
100% 103'
;
—
Jan
,
—
—.i
—
lye
1,800
Friday
•
C, BON O S
Interest
v/v'
New York Curb Exchange
Period
J-D
Bonds
Sold
Bethlehem
Boston
Steel
Edison
f
6s
1998
102%
6
J-D"
Jan. 1
<
Low
High
105%
107%
Friday
45
.1948
—_—1954
(20% redeemed)
A5%s (20% redeemed)
Cities Service 5s_4-.—4
Agricultural Mortgage Bank (Col)—
A 20-year 7s
April 1946
A20-year 7s~!
-Jan 1947
Bogota (see Mortgage .Bank of)
ACauca Valley 7s
1;
1948
Danish Cons Municipal Loan—
External 5%s
—1955
100% 102%
Debenture
5s___
Debenture
3szz
;
891/a
31
921/4. 102-4
107
107
A-O
1041/2
1041/4 1041/2
M-S
;
—
J-J
90%
;
7
105
9
102% 1-04%
107;
107
90%
-
99 J/a
1071/2
90%
', '5
125
1071/4
106
91%
ALlma
J-D
1st ref 2%s series ILz—..—I———1981
A-O
1061/2 106%
—
J-J
104% 106%
"99% 101%
1102% 103J/2
—
A-O
111% 112%
111% 111%
—
n
Lackawanna iof N Jt Division—
541/4
■*
„
May
Eastern Gas fit Fuel 3(4s
4——1965
Elmira; Water. Lt- fit JRR 5s„t——1956
Ercole Marelii Blec Mfg C©-*"
J-J
—
150%
A6%s with'Nov 1 1946 coupon—1953
1 Ae%s
ex Now I 1947 coupon——1953
Finland -Residential ? Mtge Eank-—
6s 'ser-A
(coupon ,on)
Ex-coupon
Indianapolis
-
1391/2
-
-52%
1
G5
99%
100%
4
40'/a
58
'■■■''•C*
51%,. 57%
44
31%
57%
56
571/a
3
24
32%
31%
56
52
56
56
4
37
56
53 y2
57J/2
9
32
571/a
the daily closing averages of representative stocks and
bonds
1955
1957
__
:.
56J/a
J-J
1952
56
.
57
56,
F-A
1957
1941 coupon)
A78 series P
.
(July 1941 coupon)———1952
.
'
56
.
57%
Stock and Bond Averages
Below
\
listed
on
ore
the New. York Stock Exchange as compiled by Dow, Jones & Co.
....
10
30
July
.
20
15
Indus-
Rail-
UtU-
trials
July 27...
July 281
July 29:
65
Stocks
1952
.
First
Second
Grade
Grade
Util¬
Rails
Rails
ities
Bonds
M-N
J-D
M-N
A-O
J-D
J-D '
—
•No par
Odd-lot
value,
a
transaction
;
.
Bonds
83%
8p.
70
,
6V4
12%
15%
24%
37 Ve
29
—
41%
45 J/a'
"7
61%
80
;
31.
|
15%
18%
24%
^
—
27%
42 »/a
4
*46%
*46%
*30
74 »/a
74 Va
;
3
42
42%
—
—
—
75
'
J-J
.
J-J
16% !
." ;
J-D
2%
M-S
16%
*27
2%
2%
J-J '
being
8
16%
'
?%
68
2
29
3%
2%'
10
2
3%
28
Deferred delivery transaction (not Included in year s
(not Included in year's range). - f Ex-distribution.
principal.
nUnder-the-rule transaction (not included in year
(not Included in year's range),
x Ex-dlvldend.
y Ex-rlghts. z
A
42%
13%
9
16
;
27
42%
rauge).
d Ex-lnterest.>
g®t-stock.div.^hlS-
r Transaction for cash
s Tange)4
Ex-liquidating dividend.
transacted during current week,
^
being traded flat.
'
'■ z
:
*!
certificates of^^ deposit; /'cons,'' consolidated;^ Mcim/.[, cumuIAmortgage; "n-v," non-voting; stock;
vtc, voting trust certificate#,
i," when issued; "w w," with warrants; "x w," <wltbout warrants.
J.
S Reported
!•
in receivership.
Abbreviations used above—yeoA,"
tive; "conv," convertible; "M,"
"w
Over-the-Counter Industrial Stock Average
(35 Stocks)
-
r
10
Total
■
Inc.
July
Closed
23,-,
July
—Closed—
Range for 1949
Closing
Date—
25—
——~
High
33.26 Jan 24
30.80
Low
27.79 Jun 15
30.91
45.22
35.48
62.30
102.18
102.71
84.64
104.83
98.59
July
26
.175.12
...
'
26%.
* 12 %
40
trials
37%
70%
18
•
82
J *7%'
J-J
M-S
6%s stamped-1958
—-————1921
—
High
10
10
Indus-
Closed
23.
July 25
July 26.
ities
roads
Total
z
-
83
Compiled by National Quotation Bureau,
-Bonds—
-Stocks-
Date—
A5J/fcs
57
56J/4
*
JFriday's bid and asked prices; no sales
32%
J-D
(Peru)
*80
*76%
..
.
e
-
103% 1061/4
16
103% 105
103%
M-N
>
102 >/4 103%
41J/4
City
Low
-
42'/a
41%
F-A
1953
—
Jan. 1
«
No.
—
*67
J/a
Range SInee
Sold
,
High
"
M-N
A)
2%s—,——2008 AMedellin 7s stamped.
1951
Mortgage Bank of Bogota—
A7s (issue of May 1927)-n
1947
A7s (issue Of Oct 1927)—
1947
A Mortgage Bank of Chile 6s_—1931
Mortgage Bank of Denmark 5s—.1972
Parana stamped (Plan A)
" r
Interest reduced to 2%s
..2008 ,.
Peru (Republic of)—
'
Is to 2'/aS (ser ,A BCD E)—
1997
Rio de Janeiro stamped (Plan A)
„1 •
Interest reduced to 2%
2012
ARUssian Government 6%s.
1919
<65
102%
2
...
A7s
41
—
.
A6.%s (Dec. 1.1941 coup)
A7s series. E
(Aug
117%
33
103-103%
103
—
'
A 7s
S6% iooy4
116
54
65
1100
J-D
Power & Lt 3%8—.-1970
International Power Sec— * ■'
A6%s series* C——i—
——1955
•
/
„
J-J
1958
l..
market
M-S
48%
130
—
5s stamped—
-4
1.961
Grand Trunk Western Ry es—
1950
Green Mountain, Power 3%sil-——1963
Guantanamo & .Western RRr-—
^
11
99%
B3%
32%
20
1117% 118%
__
49
9
a7J/a
99%
-
M-S
54%
36
M-N
1st mtge 4s.ser.A4-ZZ—4——1993
A 1st
mtge 4s ser -B—
1993
5s„
v;
•42
J-D
Bonds
Friday's
*67
A-O
J-J
Interest reduced to
102J/4 106%
105%106%
or
Bid & Asked
Maranhao stamped (Plan
99% 102
102
102
—
M-N
2V*s conv debs——„
z——1962
Consolidated Gas. (Bait City)—
Gen mtge 4%sz-——
1954
Delaware Lack {fit Western- RR—
'-
External
Danzig Port fit Waterways—
AExternal 6Vas stamped—
107'/a
87
'
(Bailt)—
1st ref mtge 3s ser P—
1969
1st ref mtge 2%s ;ser Q—-4——1976
'
27
M-S
1—1977
_—
99 Ve
101 J/2 102 »/4
1958
-1969
4
Consol Gas El Lt &» Pwr
971/2
102 J/4
M-S
1966
—Jan
Debenture 5s——...
'
J-J
Sale Price
Low
{Central States Electric Corp—.
A 5s
Last
Period
106%
106% 108%
160% 162%
1162 J/a 165
102% V 102 J/2 102%
Week's Range
Interest
BONDS
New York Curb Exchange
100% 103
106'
t,: 106 J/a 106 J/a
z—
Q-F
1970
——
2%S—
7
tl06y8 106%
J-D'
—
107 Vb
102
J.J
Range Since
No.
High
107
—
Apr
Foreign Governments & Municipalities
Week's Range
or Friday's
*
107 Va
M-N
8% May
2~ft
1H J»n
Bid & Asked
Last
Sale Fries
Low
Appalachian Elec Power 3J/4S—_—1970
Assoc Tel fie Tel deb 5Vis A
1955
Atlantic City Electric 3 y4S
4—1964
Bell Telephone1 of Canada— ."
*
5s series C
...I960
x6% Jun
—
"■.
~l7/a ~2
62.73
102.09
102.68
85.03
104.85
98.66
27
45.58
35.67
July
176.37
45.31
62.68
102.13
102.70
85.04
104.91
98.69
July
28-
J—
31.07
High
35.72
102.18
102.66
85.05
105.01
98.72
31.05
176.26
62.54
29———
Low
35.72
July
45.00
175.92
44.77
35.72
62.40
102.18
102.66
85.04
105.00
98.72
176.46
•
Range for 1948
31.01
—
37.83 Jun 10
—
32.37 Dec 29
—
■
-=a
■
THE
34 ' (426)
COMMERCIAL
&
-■•
FINANCIAL CHRONICLE
Monday, August 1, 1949
OTHER STOCK EXCHANGES
range
for
week ended july 29
Friday
Boston Stock
Last
stocks—
Sale Price
American
Low
Refining
Sugar
Share*
,
tow
50
142%
100
39%
36%
35
141% 142 %
_
2,810
High
36%
Jun
-10
Jan
Jan
Pneum
l—1
•
-
—
Anaconda Copper
.50
—
26 Va
—
28%
120
22%
Jun
38%
.100
27%
20
25%
Jun
35
100
1,592
40
July
16%
596
Jan
Boston
Railroad—
St Maine
1%
class
a
Personal
Boston
rr
566
200
43
4
July
Mass
Mar
prior preferred
Minneapolis Brewing
30
14% July
17
Apr
Modine
Mfg
68
68
40
65
80
Feb
Monroe
46%
47%
279
38%
Feb
10
10%
500
8%
Jun
.100
1st preferred series a.
6%
*
Stores
First National
12%
Jan
37.%
.
-
,
57
Jun
29
Jun
68% Jan
35% Mar
64%
195
53%
Jan
65% July
9
42.20
Jun
44.96 July
37
37%,
..
1,361
430
27%
26%
27%
•
Razor co—
Gillette Safety
10
35
63%
__
Electric
60%
31%
44.96 44.96
—
"l
General Capital Corp
General
60%
—
233/4 July
25 %
July
100
23
27%
Jan
Jun
250
150
10
Jun
85
900
85
300
10
'
33% Jun
40 %
Jan
Jun
33%
Jan
23%
10%
6%
23%
«
common
National Standard
6%
Feb
7%
Jan
15%
feb
July
88
Feb
July
13
'
,
'
400
50
23%
10
10
.
.'2
pfd
Jan
Apr
Apr
24
9% July
13/4 Jun
Jan
12
:
Mar
6%
11
Jan
12%
100
12
Apr
14 va
Jan
15%
15%
300
14
Apr
15%
22%
23
250
21%
Apr
36%
36%
lo
27
27%
300
19
19%
200
—20
25
25
•
100
24%
common
Northwest Bancorp common_i—
Bush Shoe common
24%
150
16
16
36%
.
16
1
1
Manufacturing common
7%
7
5
prior preferred—
Pennsylvania rr capital
j—i
53/4 July
50
'•••■
\
7%
4
25
'
7
22%
17%
14%
15
Jan
6 Va
18
,
16%
Jun
14%
rr common
Corp
Mergenthaler
-1
Narragansett Racing* Assn.
Service
Cos
New
—
-
20
England Electric System
New
England Tel St Tel
Jun
56%
10
Jan
34% July
14% May
41% Feb
Potter
25
100
46
51
Process
160
8% July
10% Jun
51'51
8%
r,
■
9
■'
12%. 13%
13%
—5
1
Nash-Kelvinator
National
40
25
36%
46%
—
-*
Linotype
485
13%
36%
—
—*
;
47%
13%.
*
100
Kennecott Copper
15c
—
171
-
1,000
16c
Jun
July
Co
Pressed
11% may
St
Jun
Jan
Sears
Jan
Serrick
Jan
10% May
Apr
8%
15%
87% Jan
9%
1,899
80%
81%
510
6%
»6%
25
96%
96%
26
14%
15
517
14
Jun
4
200
4
July
*
Roebuck
n
Northern
rr
.
100
Hartford
y New Haven
—
—.100
96%
50
h)
(n
14%
Pennsylvania rr
.
79
51/4
Jun
96% July
9%
108
Jan
Mar
17%
-25
4
2.50
Mining
Quincy
4
—
4%
30
15
14%
15%
4%
Jun
33
13%
Jun
40
40%
1,200
40%
10
9%
.
23
Society Brand Clothes common
8 7' Jan
19%
._5
Bend Lathe Works capital-
.20
Jan
Standard
14%
-.2
Standard Dredging common—_—
-1
15%
17% May
34%
Jan
Jan
Forgiags common
Standard Oil
t
>
•
——
o£lnd capital
('v
*
*
30
30%
50
27%
Jun
35 %
49%
48%
49%
2,076
44%
Jun
54"% Mar
25
49%
49
49%
42% May
52%
35%
10
32%
Jun
43%
Jan
13%
13%
40
12%
Jun
14%
Apr
Union Carbide & Carb
26%
Jan
United
„
10
Co
8%
3%
—*
12.50
System Inc—
Westinghouse Electric Corp
—
375
■
—
24v4
423
24%
20% May
ft Co
-1
6%
..5
8%
Co
■
6%
8
(Theyicommon
South La Salle
St Corp..
14%
8%
Jan
43/4 July;
.....
250-v
600
-
!
21%
6%
Jun
10:; Mar
Jan
43/4 Mar
8%
Jun
36%
Feb
-
300
1,550
-
Jan
7
2%
100
40%
6 vs Jan
;
13% July
-
400
10
5
Feb
41%
Apr
'
/
May
6% Mar
Wisconsin
Friday
Week'*
Last
stocks-
Sale Price
Abbott
Laboratories
Steel
Co
Corp
Advanced
common
Range Since January 1
Low
42%
100
37%
Radiator
18% July
19% July
American
10
13% Mar
14% July
Armco
17%
17%
600
15%
Feb
Bethlehem
43/4
43/4
100
4%
Jun
20% May
5% Mar
Canadian
7%
7%
350
7
Jun
10%
Jan
14
23%,
24%
24%
75
75
_*
10%
2
10%
10
18%
18%
19
Jan
Continental
5%
5%
500
5
Jun
7%
Jan
2,050
1
Apr
1%
*
18%
•V. 1
100
Bendix
St
Bruce
w)
!
150
12%
13
100
(e j)
xi Secur
303/4
1
30%
100
5%
1
17% May
5%
100
10%
9%
11
9%
100
1%
Jun
2%
Jan
May
7%
Jan
25%
Jun
36%
Towel
Convertible
Co
Coleman
Co
(The)
Commonwealth Edison
Consumers
ii
Jun
15%
Feb
Cum
Dodge Mfg Corp
(new)
Finance
General
Motors
Lakes
Hammond
Dr
Ry Co
...
Corp
Corp
common
h)
&
Motors
300
10
Jun
143/4
200
19%
Jun
26"%
27%
28
300
23%
Jun
10%
Jun
14%
Jan
9%
Jun
13%
Jan
-1,
... -
5%
Jun
7%
Jan
Jun
13%
Jan
Pan
Feb
27
10%
Jan
Pepsi-Cola
Jan
Pure
Jun
4%
10
34% Mar
-
American Airways
53%
July
Co
Oil Co
37%
1,000
13%
133/4
300
1%
1%
100
Hupp Corp common
_t
cap
6%
500
123/4
13%
1,000
9%
10 Va
3%
33/4
550
% Mar
1%
Jan
13 %
c
•-
9%
_
..
•
33/4
2%
11% Jan
14%
Feb
Standard Oil of n j
11%
113/4
800
10%
Jun
12%
10%
10%
10%
Jun
13%
Jan
500
Feb
11% May
503%
85
,
85
115
115
10
9
s
10
66%
iii
Jan
85
39Ya
Jan
10 3/4
300
9%
Jan
53/4
Apr
15%
..
Jan
13%
Junr
Jan
4%
Jun
3%
3%
<
Jun
1,600
-
14 Va May
Jan
Jan
300
283/b
1,700
10%
500
9%
Jun
193/4
19%
200
17%
Jun
27%
Jan
>4%
....15
9%
*9%
10%.
28
9%
9%
27%
'ft,1
,;
,•
11%
4%
600
4% July
53/4
Apr
8%
.
Jun
10%
Apr
8%
100
Jan
12.
Apr
Jun
32
Apr
25
14% Jan
\
15%
15%
1,100
14%
Jun
17%
Jan
67%
673/8
300
60%
Jun
73%
Jan
1
16
15%,
16 r
500
12
Jun
16%
Jan
Studebaker
l
22%
22
23%
_1
9%
25
Sunray
Jan
115
Corp common
Oil
Corp
3%
51
700
45%
Jun
57%
47
400
39%
Feb
550
16% July
28 %
Jan
3,400
25
Jan
27%
Jan
25
25
210
22
Jun
38
Jan
26
26
100
22%
Jun
31%
Jan
534
50
5%
Jun
7%
Jan
American
26%
Jun
Feb
Balcrank
53/4
350
43/4
43/4
61%
60%
5%
6%
27
stocks—
Week's
Last
43/4
5%
62
100
100
1,300
7%
250
273/4
300
2%
4
Jan
Jun
5% Jun
52
g
24%
Jun
30
1,800
Jan
.23% July
Feb
t
Jan
11%
33/4 July
6
Jan
6% Mar
Cincinnati
Gas &
Feb
9%
Jan
12
Mar
n
1,400
143/4
14%
14%
600
10% July
14% Jun
11%
10%
11%
300
8% Mar
100
8%
7
55
3%
200
12%
12%
32
22%
223/4
125
19
1,350
8%
400
40%
40%
15
1%
1%
1%
300
15%
6
Jan
Feb
Apr
40 Va July
1%
Fibre.i
—
-»
Electric
common. -8%
common
..20
17
Jan
Jun
5Va
53/8
52
293/4
30%
362
78
78
&
Sub
Cincinnati
Bell
Union
Dow
Drug
20Jun
3%
12
18%
Jan
25%
5
Feb
Feb
Mar
15%
Jan
Jun
23%
Jan
5
July
26 Va
Apr
8
Apr
30% July
Feb
76
Jun
90%
61
4
Jun
7%
Jan
63
Jun
76%
11% Mar
12%
Jan
Jan
37
t
"
Street
-25
Tel
Stock
-50
4%
72%
4%
71
common
73
435
12
Yard
Jan
15%
5%
30%
—
High
Low
213/B
3%
.yyr-
12
25
11% May
19
9%
44
2%
July
Gibson
6
6
8%
Jan
5
6
243/4
25
16
23
Jan
27
Apr
51 %
52
136
44
Jan
53
July
54%
54%
54%
39
43 Va
Jan
55
july
—
Formica
40%
&
Range Since January 1
High
20%
Corp
o & t p
Cincinnati
Cine
11%
Low
l
Jan
32%
c
Shares
—8
Paper
62%
Sales
for Week
of Prices
-20
Baldwin
Champion
Churngold
Jun
12
18
Laundry Mach
3% July
Jun
11%
8
Jun
2%
Range
Sale Price
...
11%
19
9%
Cincinnati Stock Exchange
19%
26%
11%
163/4
500
Jan
26%
•
33/4
47% July
26%
1
10
2,700
Mar
50%
18 3/4
—
.
9vb
Corp
19
—
.
..
July
46%
100
1
1
34% Jun
Jan
Apr
Apr
100
10
9%
33*
•
*•
V
33%
*
Socony Vacuum Oil Co Inc
200
283/4
3
--
4% July
Radio
1%
14
3%
__1
8%
>•
1% May
6%
•
-
50
co—
Hellman (g) Brew Co new
Hein Werner Corp
Hormel
(Geo ai & Co__
Jan
9%
Jun
7%
37
5
common
100
283/4
1
5%
v
133/4
4
Corp.—_
—
(The)
7%
14
—
115
*
2,200
Standard Steel Spring
14
85
Dk
100
8 3/8
1%
:
8
—1
Jan
10
5%
8
8%
•
Co
Public Utility Corp—...
Graham-Paige Motor*
Laclede Gas Light
General
17%
Vl%
Jan
100
Jan
1%
Jan
33%
200
12
*
Jan
12%
«
Electric
123/4
23%
11 %
22
•
.
May
12v4
Jun
•
common
3
10% July
11%
6% July
common
Instrument
Common
Jan
1
7%
-17%
common....._l
.
10% July
13
12%
•
14%
10
common
93/4 July
Jun
23
Corp of America common
•
Republic Steel Corp commonRexall Drug Inc.:
__2%
5
Auto
150
Apr
10% May
Jun
25
......
17%
—l
_
10%
79%
12%
Par
Refrigerator Co common
Gillette Safety Razor common
(w
Pacific
new
50
10
Gibson
Bros
common
Mar
50
common
Drive
Co
Steel
40
25
..
9
Jan
26
\
23
10
50
25
Corp class a
General
Gossard
*
com
49
5
Corp
Domestic Credit
Goldblatt
10%
Friday
preferred
Four-Wheel
San
Nash-Kelvinator Corp
New York Central RR capitalPackard Motor Car.
-
co—
Doehler-Jarvis
St
ft
49
•
Crane Co common
10%
150
24% May
Jun
49
10
common
650
10%
Jan
14% Mar
,
Feb
Apr
2%
Inc
Co
10%
2%
9
•
common
Jun
73% July
7%
43
5
preferred
Service
20%
110
500
50
5
1
Chrysler Corp (new)
Cities
300
1,900
100
•
common
Jun
Jan
5
United
Chicago
Jun
20%
~
2%
47
1
common
10 3%
200
1,900
10%
47
1
Cherry Burrell Corp common
Chicago Corp common
413/4
2%
47
2%
Corp common
44 % Mar
Jun
-
10 %
v
capital
Jun
34
300
1
5
preferred
Central St 8 w
82 s?
1
common
(el) common
Burd Piston Ring common..
Convertible
29
—
Corp———10
Co
Central
27%
5
Corp
Sons
700
...1
Binks Mfg Co capital
Brach
50
5%
10
Aviation
(George
1%
5%
*
Berghoff Brewing Corp
Borg-Warner
1%
3
Bastian-Blessing Co common
Belden Mfg Co common—.
5
Steel Corp
General
3
common
40
42%
—
Jan
'
Corp
common
Curtiss-Wright
1 Va
.
1
Washer
•
Certain-teed Products
—
5
Mfg
Jan
13%
Inc
Lines
200
Armour St Co common
Avco
25
May
1
Air
19%
Asbestos
Automatic
20
22%
Corp
American
133/4
*
Mfg Co common
150
42% July
193/8
——5
common
23
Stocks—
Alleghany
High
Jun
Jan
•
23%
capital
133/4
—1
—
Castings
Bearing common
Allied Laboratories
42%
—
Machine
•
common—,
Alum
Ball
Shares
High
Jan
32%
39
common
10
(new)
Mfg Co (j d)
Admiral
(new)__5
common
of Prices
Low
Unlisted
11%
Jun
43 >•
10
Bankshares
Indust
Yates-Amer
for Week
Jun
27%
42%
preferred
Sales
Range
Par
Woodall
6"%
400
Inc—
Stores
Cumulative*lprfdjr
Chicago Stock Exchange
1,950
29%
38%
(new).
common
8%
;
38%
capital (new). _•
Line&Lnc
Air
s Steel
Wieboldt
Great
24:
29
.25
.——
Westinghouse Elec & Mfg com—12%
'OS
Borg
Apr
Jun
i
9
39%
Jan
13%
19
23
capital stock
Trane
u
Aetna
■
28 v4
Jun'
100
3%
9.
39%
'
t.
Apr
10%
.
200
,
Jan
13% Jan
: ;
'•i;
Sundstrand
Swift
208
Waldorf
Acme
4%
Jan
40% July
Jun
t
Apr.
Jan
.
22
50
:
"
8
v33
Jun
8 3/4
10 / mar
Jan
35%
8%
-25
Container Corp common.—
Mach Tool common...
5
—•
34
'
4
30% July
•••
800
.
■/.
2% May«
300
-
'•*
,1
'v 6
Jun
*
•
»
f.
Drill
Rubber
Adams
21 u
•
Spiegel Inc .ddmmon
Feb
May
5
Jan
t73/4 Jan
4% Feb
-
300
11/
4%
Feb
Jun
500
.
23%
:
20%
Apr
12%
•
-
10 %
'-5-'
7
29 %
....
i
11.
Co__
United Shoe Machinery common
s
--50
common—...
Fruit
United
u
32 t-
Sinclair Oil Corp.——
Stone
'
31%
9
"100
,•>*
common——
Strap
Twist
Union
2%
5%
155
•
2%
•
Jan
150
16
33
33
•
.
%
13%
*
—*
Stone St Webster Inc
Torrington Co
—
6%
capital.—
capital——
^'..v
i->-20
-
6
6
common
co
St
p(6d Corp
Steel
Signode
South
Co—
Rexall Drug co —
Shawmut Association
-
class b
Corp
11
'
9
-
5%
1
cdnynon.—a.
Stockyds
9-
10,
common-—_i.
(The)
Nat
common.. .2%
Co
common—_i__.
Car
Corp
Louis
25c
(The)
Steel
Shellmar
100
(The)
Perfect Circle
Jan
13c
8%
8%
-
-
Jan
;
Jan
>.
9% Jan
Jun
200
Jan
25% Mar1
•
6% Jun
100
---
Jan
20%
July
200
.
31%
*31
Feb
16
250-
"
Jun
17% July'
24% Jun
.
Maine Central
Feb
Jan
41% Feb
1
Mathieson Chemical
Jan
•25
36% July
20
17%
1—25
50
5%
2%
*
4'
—2%
Peabody Coal Co common
'
19%
8%
64 %
6%
l——^—;•
Nunn
Oak
600
,,.50
.
2%
Feb
Jun
July
12%
6%
1
Inc.
Car
American
6%
39
1,700
1,350
common..
Ind
-
7
23%
w-*
2 /
•
39
48 % May
.
31 %
—
*
jan
200
5
Co
Chemical'Co
July
North
Employers Group Assoc—.
18%
7%
10%
10
comon—.1.1
—*
$1
15%
ry—
Street
11% jan
Jun
13%
39
--1
5
Products—
Miller St Hart Inc common vtc
Jan
6
29% July
Noblitt-Sparks
Eastern
High
Jun
7%
85
•
common..
Food
Mickdlberry's
Jan
15%
—*
Co
Range
4
*
100
10
Prop Trust
Cities Service
Copper
29%
100
35
4
100
rrovidence
&
Boston
19%
Jun
.
stamped
pfd
1st
15%
Middle West Corp capital—
prior preferred
5%
-
25
7%
13%
7
•
Libby McNeill St Libby common
Marshall Field ft Co
-100
25%
7%
100
Lindsay Lt St Chem common—t
120
Boston Elevated Railway-
Stamped
13
25
25
10%
43% Mar
Apr
41%
15%
16%
129
41
41%
-
150
Jan
102% 104%
104%
.25
Boston Edison
200
-*
Leath St Co common
Boston ft Albany rr.
10%
14%
25%
—
—1
Drtig
5%
Feb
27%
26 ya
Low
10%
—
*
Co common:
Switchboard
common—
preferred
j
International Harvester
Katz
Kellogg
American Woolen
Range Since January l
High
14%
10%
l. —' •
Share*
Jan
150%
32% Mar
138
—
for Week
*
Low
,
Tool common
Indianapolis Pr St Lt Co common. —•
Indep
^0%
34% Mar
capital
Brick Co
Illinois
Range Since January 1
High
391/4
35%
•
100
American Tel & Tel
for Week
of Prieee
Par
Chemical
American Agricultural
Par
Sale*
Week's
Range
Friday
•
Range
of Price*
1
Sale Price
.•>
Sale*
Week's
Last
STOCKS—
Exchange
15%
15%
50
15% July
21
Mar
7%
7%
50
7%
Jun
17%
66%
67%
567
57%
Feb
67% July
Insulation
Art
Kroger Co
common.
Jan
Magnavox
'
Lunkenheimer
Jan
Jan
Co
Procter ft Gamble
1
Feb
:
__
^
1
"»
—
66%
Jan
r
THE
170 - Number 4825
Volume
COMMERCIAL
&
FINANCIAL
CHRONICLE
(427}
35
OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDED JULY 29 Y
1
Friday
Week's
Last
^STOCKS—
„
of
Par
6—
Randall series
Rapid
U
High
9%
Low
*.
,9%
10%
200
7% Jen
10% Apr
235
9%
11%
-3iya
153
47
'
48
28
20
Jun
July
Jan
39
Jan
48May
40% Jan
1
Range Since January 1
450
4% Jun
Jun
1
"<
230
15 %
18%
150
18%
2%
2%
1
—
19
18%
Prankenmuth Brewing common.-
High
Low
5%
18
19
10
Ale
Shares
High
5%
.
Friars
—
Low
1
Detroit-Michigan Stove
Detroit Steel Corp
Detroit Steel Products, com——
for Week
ef Prices
'
Par
High
Sales
Week's
Range
Sale Price
Range Since January 1
io
.
10%
Friday
Last
STOCKS—
Shares
30
—
Electrotype
Preferred
for Week
Prices,
Low
Printing common—
S
Sales
Range*-
Sale Price
9%
Jan
Jan
23%
Jan
3%
2% July
500
60c
54c
Jun
24%
50c
2,625
Apr
95c
Jan
Mar
Unlisted Stocksf
Allied Stores
-r-T
•;
American, Airlines ,— —■—»
American Rolling Mill—
American Tel & Tel—
; ;
31%
23
142%
Chesapeake & Ohio——
Cities Service ■ —
City Products —
Columbia Gas
20
31%
io y8
75
26% Feb
7% Jan
23%
340
19% Jun
142%
235
31%
46%
50
28%.
5r**25%
»142
V
—
io y4
23*
—
31%
"■
46%
28%
26%
10%
10%
31% July
10 y4 July
27% Jan
Jun
150%
Jan
Jun
** 29%
34%
Jan
Gar Wood Industries common-
Goebel
Paige
jS
29
Apr
12
10%
4%
General
4%
8%
28
Apr
4% July
Jan
3
8%
27%
10
7% Jan
26% Jan
28
Hoover Ball & Bearing
Hoskins Manufacturing common
Apr
30% May
Howell
37%
JQL.
27%
14%.
*'
.50
62
27%
.10
37%
60
Electric
14%
Hudson
Jun
39%
Jan
5-50% July
62%
Feb
40
24 y4
Jun
31%
Jan
64
14
Jun
I
:
34%
10%
10%
100-
15%
15%
51
14%
Jun
19%
Vacuum. Oil—
Standard: Brands
Standard Oil (N J.) —.
Socony
19%
20 (
64
17y4
Apr
66%
67%
24
243/CT*
66%
:
24
Standard- Oil (Ohio)
U S Steel (new)—
Westinghouse Electric
.
"
9%
Jan
17 y8 Jan
21% Jan
14
Jun
60% Jun
78
26%
Jan
80
23%
23Vws^l45
24%
"
24%^
common
Friday
Last
—
Lansing Stamping common
Masco. Screw Prpd CQinmon_
24% May
26% Jan
20% Jun
20% May
90
McClanahan Oil
Murray
—
Par
Akron Brass Mfg
(Un>
A; Tel (Un)
American Tel
Low
"
-50c
——
Home Products
American
:
31
1
—
Cleveland Graphite Bronze (Up)
1>
ColUrhbia Gas System
i———i*Consolidated Natural Qas (Un)——.15
Dow
Firestone
Tire
Electric
General
Motors
Glidden
Co
Jan
50
36% Mar
42%
1
Packard Motor Car
Parke,
Davis
142
38%,
Jun
43
Apr
,J0$b
*
75
74%
460
46%
43 y4
25
21%
8$
95
80
9%
im
11
; 46%
\tk
46%
20
36%
61%
37%
226
,51%
19%
80
,
Jun
Jun
July
9% Jun
Metal
Halle
;
common
Preferred
Industrlal
50 y4 Mar
40
Jan
62%
Feb
4%
50
17%
Jan
61%. *61%
50
'52%
Jun
64
2
<84
Jun
45%
Jan
110
•10
Jun
14%
Jan
100
25
Feb
29
Apr
9% Mar
13
Products.
5f27
V.
V10%
1,412
,_5
15% fl5 %
100
15
-50
40
#4flL."
50
36
10%
L.
(Un)
J1
—
42%
int'erlake Steamship
.
41'/8
;4|%
5
—*:
~i%
13
32%
21
13
600
4%
SO
Jan
46
Jan
42% July
Jun
11% .Jan.
32 Va Jun
3% Jun
578
_
Jan
Mar
Jun
J344»#uly
13 y« July
454
,.13l/4
32%:; 33a :■
.
21%
Jun
^
3FbbMar
> ~
383
12%
25%
13%
!24%
-
14
571
32%-'31%
32%
Jaeger Machine
'Jones &'Laughiin' (Un)'———
Kelley Island L^n,e & Trans..
Medusa Portland Cement—_
Metropolitan Brick inc
1%
1%
6,750
Jan
Mar
12
400
Mar
2%
13% Mar
3%
29%
July
3% Jun
472
24% Jan
1,600
1% Jan
18% Jan
2% July
5% Mar
1% Jun
29 Va
1%
5%
1%
—1
—r
;
11
13 Va
"
315
200
t
"
10%
-10
—
390
30%
2%
1%
—5
common
2
2%
2%
3% July
Jan,
4% Jan
3% July
2
515
,„t5%
_*
—
—
—
200
200
1%
600
v
2%
?9% July
3"% Jan
30% July
•'
12% Jan
14
11% Jun
550
Feb
4
6% Jan
1% May
10% Jun
375
13%
Jan
Jun
10%
2.00 Mar
3%
1%
29*/a
.1
—
Jan
1%
Feb
95c
100
%
2% Feb
40
July
.
2% July
1% Apr
2%
3%
—1
Manufacturing
Udylite
Corp
Walker & Co
—1
—
class A
Common
8%
8%
Jan
common
39
39
100
39
13
13
13
100
13
80c
500
72c
Wayne Screw Products
1
900
1
July
13
July
1% Apf
July
1
39
July
.July
80C
May
1
—
10% Mar
8% Jun
200
8%
39
III
——
Warner Aircraft
—1
Los
1%
Jan
Apr
13% July
35
33%
14
*
37
Jan
May
Mar
4% Jan
Angeles Stock Exchange
Friday
Last
SalePrioa
STOCKS—
Alaska Juneau Gold Mining Co-
Allis-Chalmers Mfg CO
American Airlines
Lac
•
a2%
10
2%
2%
100
a28% a29%
90
27% Jun
10
10%
1,520
10%
600
12%
12%
679
10% Jun
142% 142%
a26% a 28%
1,490
138% Jun
10
Copper Mining Co (Un)—30
10
Corp (Un)
Co (111)
(Un)
—5
Atchison Topeka & Santa Fe (Un) —100
Atlantic Refining Co (Un)
25
12%
"
142%
—
Jun
Jan
37^ m
35% Jan
261
25%
308
20% Jun
5%
265
100
53
82% Jun
33% Feb
9%
150
8% Jun
8%
210
600
7% Jun
2.50 Apr
15% Jun
4% Apr
21
Jap
250
Jun
75c
40
Jun
48% July
18% Jan
20
300
69
11%
925
145
Jap
12
Apr
10%
27% Jun
10%
Jan
39 f
10% July
a30% a307/s
a8%
a8%
10%
Jan
7%
95% Mar
Jan
"
31c
31c
a3Q%
27%
Jun
5
a46% a47%
-20o
.
14% Jan
Jup
3*%
a 15%, a 15%
—
Bendix Aviation, Corp (Un)—.. —5
.33%c
Bendix Home Appliances Inc
——
23
23%
3
*——5
(Un)
140
9%
—
Go
10% July
150
8%
8%
Corp common.,—T— 1—10
1
Barnhart-Morrow Consolidated
Oil
10% July
8% jan
5%
(Un). .—13
Barker Bros
Barnsdall
28% Jan,
Jan
86% 86%
a34%a34%
Baltimore & OhiQ RR Co (Ujn)— .—100
Bandini Petroleum Co ——_—
Basin Oil Co_———,
3 V1
a28 a28%
5%
&
Baldwin Locomotive Works
7
3% Apt
22%
a28%
Steel
Armour
High
2% Jun
2% Jpn
a29%
American Power & Light (Un)•
Ameircan Radiator & St San (Un)—*
American Tel & Tel Co (Un)—100
American Woolen Co (Un)..
•
Armco
Low
a2%
—
-1
Anaconda
Rapge Since January l
High
—
1
(Un)—.
(Un)—
Sales
for Week
Sbarea
_
10%
10,
Alleghany Corp (Un)—_
Week's
Range
ef Prices
Low
Par
Jan
■'i. 27
-100
—
-J™'——-'
Raybn
Jan
40%ii40%
12%,£12%
Cooperage class A
Bros
14%
43,#^July
'
Greif Bros
47% July
32% Jan
94
Feb
*
Gfeat Lakes- Towing com——.
200
29%
II2
Apr
34*wJun
51%t*Jun
^
565
,
12
*
——
-——
36
2%
29%
46% Mar 50% Jan
t
Gray Drug Stores
300
8%
17
Jun
3%
.
common.—.
25% Jan
471
20% Jun
9%t Jun
*
(Un)
Goodrich (B F) Co
—
Goodyear Tire & Rubber
2
2%
3%
im—
—-———j—
Jan
22
.22m
10%
61%
200
40
12 y8
2
Stamping
Jan
a27 y4 a2m
V
202
2%
Jan
76
40% 4lJT
a47% a48%-
—
16%
Jan
-16
47%
(Un)--——— -1Q.
29%
10% July
63%*Jun
.10
(Un)
com
100
_25
(Un)
Rubber
&
General
25
„•
140
•
—.
(Un)_—-_————20
Eaton Manufadturing •,
2
Electric .Controller
Ij^fg—--■*
Erie Railroad (tJn)
•
Jun
2,330
\
22%
10%
^
duEont, (E I)
Jun
29%
3% Feb
May
150% Jan
34% Jan
29
Jan
138
143
High
f
.
a38% a38%
~
15
—i
Chemical
% Jan
11%
11%
67
—
4% Jun
15
Jan
*
Xmk
11%
:
3
24 y4
50
67
1
100
Cleveland Electric. IUuipln common—:•
15% July
9% Mar
-
27
—*
City Products Corp —-.
—
Cleveland Cliffs Iron common.
$4.50 preferred
<
Mar
210
1%
—10
National
Scotteh-Dillon
90
,
.7
Mar
6
1%
1%
1
Sheller Manufacturing
L0Vf~~
IfkW
141%
-
Chesapeake & Ohip RR (Un)__—r~25
Jan
12
3% July'
Range Stn«e January 1
98
2|W,
14
9% Jun
100
2%
—1
Rudy
Hi#h~~:
3%
27 y8
1
10O
10% .Jun
100
3%
3C0
40
2%
Pfeiffer Brewing common
(H W) & Co commonRiver Raisin Paper common—
Eifiaange
Range -V for Week
of PricCA^ Shares
Sale Price
410
11%
4%.
2%
-•-f
1
—
Corporation
"m
National Electric Welding corn-
Jun
Week's^S^ales
*
11%
13%
16
1
King-Seeley common
:
Kingstos Products common—. —10
—10
Kresge Co. (S S) Common.—
Jan
19% Jan
13%
'
2%
1% May.
11% July
.
4%
—wi
Jan
July-
5% Jan
8% May
206
12
3% ;
1
T—
_
-
"3%
12%
Rickel
stocks—
5% Jan
100
11%
1
common—
Motor Car
Peninsular
Cleveland Stock
480
1%
Jun
Jan
20%
165
!
—
3
62
17 Va Mar
*•
15%
—
—.
200
11V*
*
common
—
Radio Corp
3%
8%
11%
*/
W-*
9%
Mar
8
52% Jun
1%
-10
2%
common
Electric Motors
Kaiser-FTazer
General Motors'-———-—
Ohio Oil I———
—
Pennsylvania RR
:
100
1,628
48% May
Houdaille-Hershey
Commonwealth & Southern
Curtiss-Wright —:—
Dayton Power ,# Light.,—
pfd.-
6% Feb
3% Jun
100
8
3%
8%
~8%
1
25
commpn—
Motors
4%
60%
62
—.—,——1
Corp
Brewing
Graham
-
62
8
_1
10
B
—
Gerity-Michigan
4%
—1
Gemmer Manufacturing class
General Motors common
25
7
Jan
34% Mar
8% Jun
Apr
'
■N
Y
Central
RR
..*
—
Bros.
27%
15
ii>.%
234b>oJun
178
17 &■ -Jun
37"
•
,
24%
.Standard Oil of QhiQ cpmmop—
Thompson Products Inje
"Union Carbide '& Carbon-U s
S^ieef
'
.
„
8%
& tube.
.
23%
%%
683
v 8 ;
a62%
v>J%
150
Jan
Jan
Jan
Mar
27%
5%
27%
515
6
1,010
Jun
33% Jan
6% Jad
al9
al9
al9
30
18% Jun
25% Mar
7%
*
Bethlehem Steel
5%
7%
5,895
6% July
a42% a42%
a47%
a48
147
280
6%
6%
1,555
9%
9%
970
38% Feb
46% Feb
6% July
7% Jun
10
32% May
27%
Corp (Un)7-,.—
Diamond Corp___,—— :i—a
Boeing Airplane Co (Un)_—. .-—5
Bolsa Chlca Oil Corp
——
Blue
—
'
,
26 Va Jan
34*% Jul)
45%, Jan
33% Jun
42
24% May
Jan
Jun
9
74
3an
Borden
Co
(Un)
Borg-Warner Cprp (Un)
Broadway Dept Store—
Budd Co (Un) 1—
,
—
—.—
*
—
—
6
-
—*
-25
California Packing Corp comCanadian Pacific Ry Co (Un),Case ( J I) Co (^n)rs
.iWW
—
ft-*
•J
■
- ■
%
.
'<
i
:
.*•
.<
New York Stock Exchange
Detroit Stock Exchange
.
fi "
^
Sale Price
Allen Electric
:zl
—
'-vw*
for Week
Range
of Prices
Curtis
.
Range Since January 1
Shares
Low
High
2% Feb
5%
5%
Feb
7% Jun
7% Mar
.
I
Brown-McLaren
Consolidated Paper
Consumers Power
Bros
10
common
Cunningham Drug Stores
Davidson
common
com—
—
-
page
42.
Jun
3% Jun
6% May
10%-Jan
8V2 Jun
1%- Jan
20%
Jan
19% July
Curtiss-Wright Corp common
Class. A (Up)
Douglas Aircraft Co Inc
Dresser Industries Inc
412
600
21%
21,058
1,700
a9%
a9%
30
8%
Jun
a.5%
05%
a5%
10
5%
Jim
8.57
a56%
a57
85
13%
9
13%
MOO
200
95c
11% Apr
17% Apr
26% Jan
247
9
a24
13%
9
4% July
1.80
July
Apr
23
Apr
14% May
17% May
V% May
12 %
Apr
8%
Jan
~
10
10 V4
24%
—•
6%
24%
6V8
#7%
a8%
4,574
Feb
'*±~°*5 /a Jun
5>
4% Jun
.
(Un) —•
a8%
-1
a20
.
54% Max
8% Feb
300
350
82
Jun
150
5
Feb
289
7% Jan
55% Jan
10% July
27
Jan
7
Jan
9%
Feb
&
•
50%
18%
18%
234
18% Jun
59% July
21% Jan
14%
14%
Feb
15% May
Equip
•
*
General Motors Corp common
10
General Public Util Corp (Un) ^——15
Goodyear Tire & Rubber Co common—*
20% Jan
6%
Feb
5%
Jan
22% Apr
General
Electric
Foods
Co
Corp
(Un)
(Un)
Feb
25
142
Co com
5
Exeter Oil Co Ltd class A————1
FAR
Liquidating Corp—
1
Garrett Corporation
——,
—2
Derrick
23
a20
59%
Electric Bond & Share Co (Un)——5
Emsco
21
a20
59%
50c
^
,—
General
5
100
4%
115
-3
35% May
16%
—1
-20
July
High
31% July
1-2%
,
see
17
18
*.
Detroit & Cleveland NavigationDetroit Edison "
'
"
For footnotes
75c
—1
common
26%
a9%
Zellerbaclj Cprp (Un)—
Publishing Co (Un).
19% Jan
-
jun
4%
.
'r.rr
56% Jan
48
w*y
13% Jun
85% Jan
3
Jan
26%
—
4%
,
29% July
13% Jan
JW.es.
3%
l
Altes Brewing
common
American Metal Prod
Baldwin Rubber
Week'e
Low
Par
10
10
a23%,
Crown
«v-..
WVt 380
15% Jun
369
a23%
(Un) -——5
Creameries of America Inc___,
—1
Detroit Slock Exmige
STOCKS—
250
(Un)—•
Edison of N Y
Continental Oil Co (Del)
Last
15%
10%
J.OQ
Consolidated
Telephone: WOodw**d
Friday
15%
10%
—
Cons Cljollar Qpuld $ Sav Mb®
T
DETROIT
FnrdBsrilding
?
Sou Corp. (Un)—•
85
32% May
10
May
44% Jun
38% m
884
319
Consolidated Engineering Cprp—
.1
Consolidated Liquidating Corp
•
Consolidated Vultee Aircraft (Un)—1
Continental Motors Cprp (Un)--——1
^
^
Commonwealth
Stook,rZ
90
50%
46%
al5% al5%
—
10
Jan
9% July
Jun
46%
1.5%
42% July
53 Ya Jap
028
Jan
10
10% JW
50%
__
a
0
90
a 32%
"
•
23% Jun
65
al'lVa all%
—
pfd—-20
Corp (Un)-:
•
Commonwealth Edison Co (Un)
—25
York Curb .Exchanga
V
Iron Corp
Commercial Splyents
1 a31%
—
10
(Un)-
Columbia Gas System Inc (Un)
-v,
-
a32%
'.-7 75 '
a36% a37%
p3.6Vs
Colorado Fuel
,•
Member#
f
2,5>
Cities Service Co
;'■^^WAtLING^& CO."
&32% a32%
al2% al2%
—
Caterpillar Tractor Co (new) (Un)-16
Certain,-teed Products Corp---—
1
Chrysler Corp 1,——————
-25
1
-
5%
—-—
Jan
53% 3un
100
a6|%
13%
33%
27%
43%
20%, Jun
20
495
-
(Un)—-T—
Vsn Dora Iron Wprbf
Jun
20, *- Jun
321
'4»7a
38%..38%
-•
Steel
Youngstown
■
a39% a39%
!
.
—
9%paJun
;
589
40.
40
-——
50
19%r
II*'
.Ohio, Oil (Un)_——:
Republic Steel !(Un)
Richman
10%'.10%
27%
_»
(Un)_.
—
120
700
U
11%
1,000
37
37
310
11
a42% a43%
164
61
61%
1,498
al3%
a 13%
120
a39% a41%
99
Feb
11% Jun
12%
Apr
40c
65o
Jan
300
11%
a43%
32
41c
%
37
all*/4 all V4
40c
all%
May
July
% July
10
Feb
7% Jan
13
34% Jun
39%
41% Mar
Mar
Jan
52%
Jun
43% May
62% Feb
11%
Jan
13% Majr
34% Jun
45
Jan
COMMERCIAL
THE
&
FINANCIAL CHRONICLE
Monday, August 1, 1949
OTHER STOCK EXCHANGES
RANGE
Friday
Sale Price
Great
(Un)
Greyhound Corp
Oil
Hancock
(Un)
Calif
of
Co
class
110
IVi
11%
11%
*
A
36%
.
220
11%
.1
Feb
39%
United
United
8%
Jun
Jun
13
13 Mi
—-•r-1
al%
al%
>100
Hupp Corporation
24%
24%:
125
;
2,479
Ulinois Central RR Co' (Un)
;
9 Mb
9%
13 Ma July
Feb
-i
Jan
Woolworth
(Un)--—.
.10
Feb
20
33MaO
14
12%
14%
—10
1.15
1.10
1.15
700
95c
•
—15
(Un)—•
—:
a27% a27%
125
a50 Mi a50%
95
27% July
42 Mb Jun
31
'
a8%
a8%
a8%
65
8
Jun
11
Apr
1
4%
4 Mi
4%
785
4%
Jun
9
Jan
•
8
a47
a46%
a47
72
43
May
56 Ma
39
Jun
46 Mi
Jan
(Un)
International Nickel of Can
International
(Un).
Co
Paper
International Tel & Tel Corp
„
7%
Corp
Kennecott Copper Corp
Kern County Land Co
—
(Un)
41 %
41 Mi
41
Lt
Gas
Co
4
(Un)
Lane-Wells
5
100
1
•
Los
Inc
(Un)
STOCKS—
90c
Angeles Biltmore Hotel Co_
1.45
July
& Robbins Inc
570
16 Mi
Jan
22
18 Mb
305
14 Mi
Jan
2IV4
Jun
26%
4%
Jun
-a48% a49%
*245
7%- Jail
47% Jan
24 Mi"
5y8
__
20%
Jun
18
25Mi*
1,005
-
Manufacturing
(Un)
a36Mei a36Ms.
—
1%
1
Co
31,
Baltimore
5%
Petroleum
Jun
1.90
& Co Inc (Un)—•
Mining & Dev
1
Oil
Diablo
Nash-Kelvinator
(Un)
Corp
Lines Inc,
Distillers Prod Corp
National
National
Mallinson
New York Central
Fabrics
RR
American
North
Oceanic
Ohio
Oil
7
100
19
500
a7%
a7%"
•••""75"
10
330
9%
Jun
13 Mi
Co
2,000
8c
Jun
20c
8%
8%
1,725
8
11 Ma
Jan
19% 1
10
20
1
Corp
27c
•
1.60
28
,
900
Finance Corp of Calif
10
5%
■■
28
600
red
preferred
25
32%
American
20M»
20M8
2OM2
•
40Ma
39%
40Mb
—10
61Ma
61%
61Ma
61%'
60Ma
62Ma
14Ma
14Ma
Gimbel
Motors
13%
Corp
*v
_
10
Brothers
6
1
;
5
Penn Water & Power Co
Mar
Philadelphia Electric
-
Jan
2.65
July
28
July
Power
Co
Corp—
& Light com-
$1
July
"'
10
:
180
Philco
20% May-.
33% Feb
18% Mar
u
Corp
32%
Apr
35Mi
Jan
-30%
Feb"*
32%
Jan
'28
330
26 Ma
Apr
28%
'■
-
277/B
28
-
.
a55Mi a55 Ma
,
■'
'
—.
a 52%
102 Ma
*
.r,
v30Va Jan.
102 Ma 102 Ma
3 Mi
Scott
9 Mi
-
-
—
25
101 Mi
•
235
July
12
(Un)
Jun
8M4
Jan
Jun
10%* Apr"""
24 ■-•Uan
14%
325
•'J 14Ma
Jun
17%
70
-n-
12 '
O
4%
-
Jan
'10%
53
Jun
32
9%
Jun
14
3,017
"6%
4,174
16%
Jun
14%
15%
38
33%
38%
1,296_._14
.Jun
156
32% Jun
21Vi
22 Mi
Orig
Co
Jan
26%
25Ma
26%
7^. 625
23
'*
227/a
23%
28
oommotk.
*
27%
28
—
•
Gas
■
18%
18%
.
55%
56%
54%
54%
—1
.
54%'
>.
,3%,'
3Ma
" 21% '
20
T
567/b
v
—13%
207/a
29
—
*
..
cl A
Southern Pacific
Company
Calif
common
(Un)
Air
Lines
United Corp
TT'o*
Inc
(Un)
26%
'570
22%
Jun
27%
18Ma
595
16%
Jan
19 Mi Mar
4c
4
Mountain
8 Ma Mar
System
1,299
34%
17
Feb
45
63
4c
50 V8
23% July
Jan
25% Jun
-.
28Ma Feb
^
2j%: Jan
46Mi
429
52
"
-
17%. Jun:,>v
,
3%
•'"t
(.
"2"
765
56% July
607/b Apr
Feb " " "
'
21% "" r 695 ""
29 . " "
20
*
•
Jan
"752"
'
.
1
*
**-.
27 Mi
"
.
3% July
Feb
1H% Feb
38%
Jan
10c
Renner
.
-
Co
Standard
Feb
33
July
18%
Jun
24
Apr
14 Mi
Jun
17 Ma
Jan
a9%
a9%
9%
Feb
12 Ma
22
37 Ma
Jun
Apf
Jan
1
>
Jan
32 Va
10 Ma
9%
10
Range Slpce January 1
Low
200
19%
17%
11
High
Feb
Jan
26%
12%
30
Jun
14% Mar
10%
115
9%
Jun
12 Ms
Apr
1,702
8%
Jun
10
Jan
10
'
10 Ma': "
802
Mi
Jun
10 Mb
Jaft
20%
20%;-;
100
18%
Jua
23 Mb
Jail
32
32
34%
100
31%
Jun
39% Mar
627
15
Jun
23%
Jan
2Mb July
3%
Feb
3
July
9%
1
.
16
'.
3%
16 Ma
'
2%
3
"100 "
34%
7
—
8
2,575 \
3
34
——
*
—
3%
7%
2%
Apr
28%
Jun
35 Mb
6% July
91
8%
105 "
Jan
Jan
"
pfd
51
100
51
51
_
_
15
'
70c
Spring
Shares
20%
70c
15%
_
Steel
...
for Week
*
16
51
"
300
50c
210'
70c
12% Jun
Jan
—
_1
Mi
Feb
57
May
16%
July
Jan
-
*
Alloys Steel.
Westinghouse Air Brake
Westinghouse Electric Corp„
34% Feb
Apr
29 y2
12%
12%
10%
..
*
common..
Vanadium
20%
1
5
Bolt Corp
&
Feb
874
1
Sales
«
High
18%
10
Pittsburgh Steel Foundry 5%
Feb
Feb
July
.1
JL—
Fuel Supply.
Fireproofing Corp
Pitts Screw
40% July
Jun
3 1Mb
2,000
....
Pittsburgh Plate Glass
"
4c
4...M
Co
Pittsburgh Brewing
Jan
762
*
32 Mi
__
_I
„
*
•
__
a30
•
al9%
63 Ma
♦
40
a66%
__
__
„
—
a64Ma
32%
3,712
44
44
245
39 Ma Mar
45
28%
28%
245
27 Mb
l
__
a29Ma a29Ma
Feb
50
28 Mb Mar
28%
731
26 Ma Mar
25%
637
23 Mi
Apr
26Mi Mar
35 Ma
268
33 Mb
Apr
35%
Jan
100 "
28%
28 Ma July
1,147
21%
Jun
347/b
Jan
181
26
20%
Jun
26%
Jan
24%
38 Mi
Exchange
29% May
-
-
29
Jan
38 Mi
240
32%
Jun
49 Va
245
27% July
37 Ma
Feb
al9% al97/8
157
17%
21 Ma
Jan
Friday
STOCKS—
Last
Apr
S.
Aloe
Co
61 Ma
64
1,404
56 y8
Jun
67 Ma
40%
410
37%
Feb
41%
Apr
Bank
205
Jan
Brown
Shares
16
142Ma
16
13%
♦'
_
Range Since January 1
£
18%
*
16
62%
Jun
72%
16
120
13 Ma
Feb
16
22
23Ma
1,511
16%
Feb
10
10
23 Ma July
462
9 Va
Jun
18 Mi
11M4
18 Mi
320
17%
Jun
a29 a29 Ma
87
28%
Jan
a55M8 a55Ma
Feb
138 Ma
Jun
a627/8 a64Mb
49
Feb
Feb
281
58
21%
22 Ma
470
19% Jun
10%
10%
1,436
15 Ma
487
75/.
100
22Mi
22%
150
38%
38%
680
29%
30Ma
2,079
a79Ma a80%
174
5
20%
20%
150
13Va
14
500
35/a
33/j
1,475
Shoe
50
9
July
Jun
Jun
76 Mr Jun
11
2%
Jun
Jan
*:
9
! :
31
~~
1
9% May
109
20
28Ma
28%
-
28%
-
29Ma Mar
31 Ma
May
240
3i7/a
17%
__
1
Jan
1
16
Jun
20
July
24%
Jun
1
Jan
General
375/3
Electric
3534
3Rya
170
23%
Feb
common
Feb
(Un)
•
General
37 Mb
37
37 Ma
315
34 Mb
Jun
40 Mb
Motors
common
(Un)
10
61%
60
62M4
291
52 Vb
Jun
62%
2
26%
24%
27
2,242
19 Ma
Jan
27
jan
Feb
July
Mar
Griesedieck-Western
Brewing
55% May
64
25 Ma
Mar
Jan
Hydraulic
Key
41 Mb
May
Jan
31% Mar
86
Brick
Shoe
261/2
14
preferred
50
i—
•
common
common
42
Jan
Laclede-Christy
Laclede
Gas
Laclede
Steel
Apr
Mar
3% July
common
Missouri Portland Cement
;
North American common
(Un)
St
Louis
Public
Service
class
common
Sterling Aluminum cymmon,
Stix-Baer
Wagner
&
Fuller
Electric
common
common
17%
A
16
Jun
28
40%
Jan
44 Va
77
265
7
6 Ma
50
July
14
Mar
May
1134
|p/4
100
10
Jun
g.y4
280
5
Jan
7
25
25
23
July
34
16
Jan
18
Jan
20 Mb
july
5%
Jan
'17%
17 V2
400
193/4
II.
20Ma
100
4M2
45/3
300
•
4034
*303/,
4n%
260
34
Jun
,_i
i0Ma
10 Ma
10 Va
50
10
May
,3
60
35
36
123
50c
1
__5
15
Jan
8% Mar
25
25.
25
—_10
"
42 Mi
'
7
4
"20
common
-
17Mi
5
common
60
42
*
Mar
7% July
24
P
International
Sears Roebuck
20% July
15
common
9
-
19%
12
25
common
Mfg
•'
30
15 Ma July
35 Mb
3
30V2 Jan
38 Mb july
Jan
Feb
common
Clinton Industries common
Falctaff Brew common
Feb,
Mar
150%
Jan
10
6%
Eqpt
July
10 Ma
20
&
Mar
18% July
'-I
Bldg
Burkart
48
19
July
16
302'
1417/a 142Ma
High
Loto
'■
100
255
Jan
40
a66% a67%
for Week
Lowy High
common.
.—————5 '
American Investment common
l
American Tel & Tel' (Un)
100
Range
of Prices
'
1
Par
A.
Sales
Week's
Sale Price
Jan
a29% a30%
30
3%
24%
St. Louis Slock
July
27%
38%
a79Ma
"25%
Apr
29 Mb
Apr
7%
__
25%
'
15
__
5
•
32 Mi
35 :~"
16
,
22%
28 Ma
«
12.50
"
35 Mi
„
25
.
25%
__
28Mi
1
Jun
10
(JCTn)
"Aft
6 Mi
1,530
10
(Un)
Co
Manufacturing
National
21
50
United
50
Joy
July
a34Ma a35Ms
—
*
Brewing —„—
Fort Pitt Brewlilg'
Harbison Walker Refractbries com:
Jan
23 Mb
33
2
(Un)„
6%
Jan
15%
Union Carbide & Carbon
Corp (Un)__*
Union Oil of California
common—_25
Union Pacific RR Co
(Un)
Corp
Jun
15Mi
23
(Un).:
Corporation
Aircraft
4 Ma
17 Ve
/•
20%
23
Trancontinental & Western Air
Tri-Continental Corp
(Un)
United
25% Feb
20
455
' "I.
.
Range
18%
Duquesne
38% May
30Ma
25
Century-Fox Film
Jan
33
1
Company (Un)
Twentieth
Jun
40% Jan
.160
of Prices
Low
*
Columbia Gas
72Mac Mar
15%
l
preferred class B
& Co
(Un)
Transamerica
930
Jun
25
100
a6%
July
20%
•
Co
5
23 Ma
•
•
25
4Ma%
Oil
4,361
47
25
Stone & Webster Inc (Un)
Studebaker Corporation (Un)
Assoc
of
16
50c
15
•
Standard Oil Co (Ind) (Un)
Standard Oil Co (N J) (Un)
Tidewater
f
22%^Jun
.
,
869
-
Week's
Par
Jan
ia
__
•
Co
19 Mi
27
700
47
25
Sulphur
A
23",;. Jun
a11
Last
Alleghany Ludlum Steel
Apr
40%
'
com—25
preferred
Gulf
36Mi- Apr
" ' 24 Ma May
• ,.37a July(
1
Sale Price
Jan
5%
*0
1
Southern Railway
Company (Un)
Standard Brands Inc (Un)
Texas
5 Ma
47
25
Texas
Jun
4% July
40%
25
Swift
3 Mi
*
preferred
Sunray Oil Corp
Apr
225,149
STOCKS—
Jan
688
26
__
25
of
27%
Jun
940
23 Mb
—
25
Co
17%
41/3
a6%
preferred
Oil
747
*
;
—
pfd
"
5
15
preferred
Standard
33
May
17%. Jan
38% July
*
" 20 Mi Jan
18,739
} ~ 660
*
common
Mar
4%
35%
—
25c
Southern Calif Gas 6%
20
al7 al7%
SB*4/*
4.48%.
4.32%
38
&
>
8Mi May
•,
O; 20'
,
.
"
24%
Blaw-Knox
50c52MiC
4.56%
.
Jan
Pittsburgh Stock Exchange
3% May
4%
—
30
Edison Co Ltd
;
33/4
__
•
preferred
4.88%
33%
332
-
Apr
6
Jun
2%
l
Signal Oil & Gas Co class A
Sinclair Oil Corp
Socony-Vacuum Oil Co Ino (Un)
•
4Mb
100
1.75
Security Company
Shell Union Oil
Corp.
Sierra Trading Corp
/
4,275
5
.
9
Jun
43^
5
(Un)
7 Mi
2%
4%
Safeway Stores Inc
Seaboard Finance Co
3^0
4%
1
(Un)
308
8
2%
I
Southern Calif
17Ma
11% Jan
,
Jan
18
—3
„
Corp
Jan
July
—
1
Co
8Mi
6%. Jun
Apr
10%
20
Ryan Aeronautical Company
Aircraft
Jan
62% Feb
22 Mi
:•
Jan
25 Mi
43/3
-
*
Solar
5iy«
75Mi Mar
-497' V
237/b
;
Jan
20%
240
73/4
1
Co
&
Jun
51% Jun
J
39% May
12
10%
.
2.50
Manufacturing. Co
Roebuck
-
24Mb
commoh
Co
i
"
Richfield Oil Corp common
Sears
20Ya July.
Jan
200
a27Ma a28Ma
•
;
Ir.c
Schenley Industries Inc
Jan
19% July
-
110,0-12% Jun
*
-
*
—-
Improvement—
Westmoreland Coal
!_
3 V4
9%
Oil
United
19%
12
•
Co
Regis Paper Co
7%
:
*56% July
:•
7%
Friday
St
34%
285
1,549
•
50
Uhited
32
3%
a20Ml a20%
—
Radio Corp of America (Un);
•
Radio-Keith-Orpheum Corp (Un)—1
Republic Petroleum Co—
„_1
Republic Pictures Corp (Un)
,50c
Ranch Oil
190
»'•
17%
>
"
:'
;
'
•
Rice
Feb
57% Jan
'0
.*>
167/a Jan
33%
,
•
Apr
102 Ma
Jun
:
preference
Paper
Sun
Mar
53%
370
..
9 Ma ~
-
-
14%
*
61,
Jan
50'%, Jun
a417/a a42%
-
;
I
51%
...
.
124
""
•
(Un.)«.——2 Mi
50
a52"% "
■
(Un)
-
%
f'
25
Rheem
Jan
.9% Jan
;
Jun
833
,
.
.
;
Jun
4%
3.25
.
Jan
Jan
16
.
•
16% Mar i
..,
Jan
14V2
12%
..
Jan
-—25'
Phelps Dodge Corp (Un)
Puget Sound Pulp & Timber Co
ReXall Drug
44%
.
110
14%
10
*
com
Reading Co
—
Gas
164
395
8Mi
50
common-
$1.40 div
140
50
&
Jun
7Ma Jun
..
17%
1
common.
Public Service El & Gas
312
Pennsylvania RR Co (Un)
Oil
,.,.
6
*6%,' 7Mi
—
• "
Rights
,_x
M
div preference common^
1,817
10
Reserve
Jun
9
..
.
.
.
<.
32Mb
..
Republic Steel Corp
Jun
1%
200
150%
Jun
8%
505
26% July
Jun
.
11%
23
...
19%
35 Mi
*
Airways
Co
19Mb
32%
Packard Motor Car CO (Un)
Oil
,19Ma
32Mb
Paramount Pictures Inc (Un):,
Pure
.'
25 Mi
i
$4.50 preferred
Pan
....
28
51%
1
32 M2
—
Indemnity Co
Lighting Corp
Pacific
20
.;y.
1%
6
•
138
100
..
.
97/b
505/b'
..
21V4 Jan
.....
9%
93/a:
"
25 i
V
Pacific
20
1.50
539
? •'
1%
9%
9%
>
,
' ;
'i._——_1_25";
preferred
■
-
"
preferred
5Va%-
••>*
Feb
1%
9%
100
—
Jan
41c
:
*
c
Pennsylvania
RR
Pennsylvania Salt Mfg common
July
11 Mi
May,
25c
-
20
Jan
6
t
v
t c
v
*
.
1.60
28
8
Mi Jun
16 Ma
150
-30c
—.—*—1
Company
586.
6 Mi
1
:
6Ms
v
-
com
Lehigh Coal & Navigation—
Pennroad Corp
___£
Pennsylvania Power & Light
Jan
(Un)—
Co..—
4
Jan
8c
(Un)—1
Inc
9%
141% 142%
2Mi
General
Feb
10
IV* July
9%
475
.1,510
1,095
Mar
19
8c
Pacific Gas & Elec common
'6%
Jun
9%
*
Range Since January 1
Low
■...■■High
,
13%
13
Storage Battery
Fidelity & Deposit Co
7 Mi Mar
Jun
10"
\
Pacific
6%
17 Ma
""
12%
Electric
Jan
1
Petroleum
Edison
7
14%
Jun
11
Jan
Mar
2.10 Mar
•
Northrop Aircraft Inc.
Occidental
-
18%
July
;
13M2
Publishing
Curtis
Jan
59
Jun
1.25
420
1
:
(Un)—
Aviation
American
13%
48%
400
142Ma
—•
*
Corp
Shares '
26%
Davison Chemical
Jan
Delaware
323
1.25
13
(Un)—*
Corp
1
Nordon Corp Ltd
North
53%
13%
5
National City
53%
—
85c
2,200
1.25
Montgomery Ward
Mt
1
90c
1
Co
14%* Mar
♦5% Mar-'
High
26
-T
100
-
Company
Ohrysler
2Mb
-•
Merchants
Transit
*
—
Jun
lMi
Tel
&
1st preferred
Budd
Jan
a—
a__
460
1%.
Feb
Sales
for Week
Range
of Prices
Low
*
—
Baldwin Locomotive Works
Apr
-26 Ma
;
Arundel Corporation
"
McKesson
Menasco
200
Week's
Last
4
Stores
American Tel
18% July
25
Apr
606
Par
American
Jan
19
18 Mb
20
May
7Va
24 Va
5 Mi
.
Sale Price
8 Ma Mar
Jun
18 Mb
„
18 Mb
12 M2
May -
Philadelphia-Baltimore Stock Exchange
„
Jan "
26 Mi
'
Lockheed Aircraft Corp.
Loew's
Feb
5 Mi
13 Mi
....
Jan
67/a May
Jun
6%
2,525
95c
"
9%
pet,
July
July
49% Mar
Jan
20
50
a6%
92M2C
10«
Lincoln Petroleum Co
••
22%
a67/8
—
200
6%
22%
1
7
Company
Libby McNeil & Libby (Un)
6%
'
„
24 Mb May
51
1.50 Mar
Jun
-
Laclede
Jun
Feb
10
7
13%
Friday
Ralset-Frazer
20 Mi
35
795;
391/2
800
;
—
a49 Mb-
Jan
800
Co
*■.
17% July
Jun
210
7
29%
W)
50.
13%*
Westinghouse Elec Corp <Unr——.
Willys-Overland Motors Inc (Un).
IhterCoAst Petroleum Corp—
1,300
"23%
*
al0% al0%
Jan
independent Exploration Co
,
47
(Un)
Union Tel CO
(F
35 Va
22%
Feb
22%
16% July
135
50
2 Mi
1% May
75
322
»
Inc—
Western Air Lines
Western
High
*
23 Ml
Warner Bros Pictures Inc (Un)
Jan
4%* Jap
-
Low
17%
10
Universal consolidated Oil Co-
1.70
17%
_•
Corp.—
United
250
13
Steel
States
July
May
Range Since January 1
High
a34% a35%
17%
a34%
(Uri)—
12
995
—-—12.5Cr
Shares
——
Rubber Co
119
1,400
9%'
1.70
1.70
—
Corp
Feb
"
Development CoHudson Motor Car Co*
Holly
Gas
States
Feb
100
1.75
9 Mi
—3
Hotels Corp
Hilton
for Week
Low
Jan
8V4
Feb
10 Ma
150
STOCKS—
High
lMiMay
■
10
al07 al09Vs
__
Range Since January 1
Low
a36% a36%
*
,
Sales
Range
of Prices
Friday
Shares
High
1%
1
*
3
(Un)
Motors Corp
Northern Ry Co pfd
Graham-Paige
Low
Week's
Last
Sale Price
for Week
of Prices
7
\
WEEK ENDED JULY 29
Sales
Week's
Range
Last
STOCKS—
FOR
3q
15%
.
3% Jun
12 Mb May
33 y8
Jun
Jan
J"n
40% July
THE
170 Number 4825
Volume
COMMERCIAL & FINANCIAL
^
CHRONICLE
(429)
37
OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDED JULY 29
San Francisco Stock
Friday
IZZz'
stocks—
Week's
Last
.
Z '
'
!
■
Par
Reduction Co (Un)———
♦
Juneau Gold Mln Co—.
10
American Airlines Inc lUnu
1
American Power & Light (Un)—'
Shares
Low
High
3
Range Since January 1
Low
High
20% Feb
10
Navigation
2%
Apr
Jan
Feb
(Un)
Smelting & Refining (Un)-*
Tel & Tel Co (Un)
100
Viscose Corp com (Un)
14
Woolen Co (Un)—
Anaconda Copper Mining (Un)
-50
Anglo Calif Natl Bank
——.20
Aransas Nat Gas Corp cl A (Un)__*
Armour & Co (111)
(Un)——-—.—5
Atchison Top & Sanita Fe (Un).—100
20
loy4
Jun
14%
Jan
Montgomery Ward
a46% a46J/4
85
45 Ye
53%
Feb
Morrison-Khudsen
138%
Apr
Jun
149%
American
61%
Jan
142%:
50
142 V4 142%
1,738
a58% a58%
Atlas
Atlas
Atoi
Avco
(Un)
*
Imperial Diesel. Engine
Big Wedge Mining Co
Manufacturing Corp
•'
20
a257/a a28%
130
22% Jun
37%
Feb
28
400
25%
34%
29% '29Y2
983
28% July
6% Jan
51
(Un)
5
Jun
30
102
Jan
a23
a23
20
6
26c
14,000
5%
5%
a9Y2
—
a8%
257
257
257
Auto
City Lines
Jun
6
National
New
22c
Jun
32c
152
5
Jun
Linen
290
31c
16c
23c
7,700
11,900
23c
Jan
22c
Jan
35c
Jan
15c
July
23c
July
a3Ya
■
4% Feb
a3%
a6%
4
a6Ya52
52
402
48
3% Apr
6 Ye May
Jun
57 Ya Mar
20%
20%
20%
150
19% Mar
22Y4 Apr
5
13 Ya
8
Feb
8
13%
300
10%
Jun
15%' Jan
—1
12
12 y4
1,450
9%
Jun
12 y4 July
a6%
a6%
50
18 Ya
19
800
—...
—
—
Products
Service
a9%
90
9
Jun
a8%
40
: 8
Jun
10
Jan
355
American
North
(Un)..
12 Ya
18 Y«
*
7% Mar
6% Jun
17%
19% Mar
Feb
1
6%
6%
383
1.25
1.25
100
1.25 July
10
10
125
9%
128
17%
6%
6Y4 Mar
————.—1
Corp_
Jan
(Un)l
Co
American
North
'
7%
Jan
10
(Un)
——
Investment
American
Northern
250
Jun
42
Mar
43%
25
13
May
13
a30y4 a30%
150
a8y8
26%
121
a28
175
July
1.50 Jan
com.
-10
al6y4 al9Y4
al6%
12
.100
12
Jun
12 Y4 Jan
Feb
19
May
Mar
12
July
Jun
60
Jan
13% July
Jun
157/a
33
Feb
Jan
10
Jun
13 Ma
Jan
6% July
8%
Feb
10
70
7%
8%
1,000
2.00
1.95
2.00
3,400
al9
al9
al9
I
—
a42y8 a427/8
u>:
a467/a
a467/a a47%
;
:
jun
10
-10
Finance
Corp
(Un)
150
6%
179
4Ya
5
—a
Pac
Jan
;;
44% May
Feb
5%
4Ya
37%
100
23 Y4
100
5y8
6
50
2,900
1,515
Apr
33%
18%
Jan
21
3%' Apr
Jun
5,329
a20ya a20ya
.
50% Jan
1st preferred-—...
Lighting Corp
.
$4.50
Pacific
!
25
32%
32%
32 Y4
.25
common.
preferred
35
34%
35%
.25
32
32
32
Feb
28%
28 y8
28 y*
1,366
a52% a53Va
102 y2
103
114
a53%
common..
preferred
103
Portland; Cement
30%
(Un).
-10
common.
...•
Apr
35 Mi July
May
32Ya Jan
30
26%
Apr
28 Ya
50
Jun
54
Jan
100% Jun
103
July
58
July
Jan
*
105
47
45
Jan
33
656
-25
...
red preferred _2
Pacific
24
Mar
41% May
.
1st
5 % %
Jan
19% July
Gas & Electric
6%
Jan
2.60
40%
Co
13%
27%
lOYa
6%
B.
Pacific Coast Aggregates
Feb
33 Ya
.
14 y4
63
class
252
13%
27y8
,
.1—
United Filters
43
43
.100
(Un)—
Ry
(Un)
41
10 Ya
Cons...—. -10
Pacific
May
Jun
'75
Pacific
Co
Pacific Can
Feb
1.95 Mar
; 7
1
Oliver
Oil
,
34% Mar
Jun
8y8 May
23 y4
Ohio Oil
11% Apr
■
5
¥
a8Ya
Corp' (Un)__—__—__5
—
Apr
2.10
Jun
1.35
Mar
a27%
5
1,450
52
—
Park Mining Co
North
Mar
4%
al0% al07/8
a30y2
1.75
1
(Un)
Fibres
National Distillers
20Ya Mar
50
/
alQ7/a
1.60
Jan
a473/2 a47 Ya
;■
High
Low
*
—10
(Un)—
Co
National
93/4May
77/a Jan
102
20% Mar
1,150
—
Co:.(Uri)—15.
Borg-Warner
25
75
:-r'.
20c
Bendix Aviation Corp (Un) —
_5
Bendix Home Appliances
—33 ¥30
Bethlehem Steel (Un)
——
*
Bishop Oil Co.—
———
2
Blair Holdings' Corp (Un) ——
1
Borden
a9
a5Y4
25c
—
Boeing Airplane Co
a9
5%
Locomotive (Un)_
33 y4 May
10
N Y Central RR
3
17%
33% May
..
com
Co
&
Nash-Kelvinator Corp
31 y2 Mar
a5%
—
Baltimore St
Basin Oil Co
Jun
a85y8 a85Y4
—
...
———13
Ohio RR (Un)
—100
Bank of California N A
100
Barnsdall Oil Co
(Un)—,———5;
Baldwin
.
a5Y4
l—5
2.50
—10P
Corp
11Y4 Feb
37
Jan
28
—
29%
300
1.60
1
(Un)
National
American
13%
Jan
May
,a25%
American
13%
(Un)-"
al2%al2%
a46Ya
American
—1
Monolith Portland Cement
10% July
1,480
Range Since January 1
High
a35%a36ya
B35y4
,._P10
ioy8
10%
al0% al0%
10%
—'
——-
—;
330
—
•
Co
Shares
10% July
7%
Mfg
Preferred
Radiator & Stan San
Amer
ZIIl8
Mindanao Mother Lode Mines..
M J is M & M Cons Un)—
23% May,
3% Apr
7
Menasco
for Week
of Prices
Low
13%
(Un)_—
(Un).
Co
McKesson & Robbins Inc
3 Ye
AinsKu.
a
Matsoh
>
a22% a22%
—
Air
Par
of Prices
>
Sale Price
for Week
Sales
Week's
Range
Last
STOCKS—
Sales
Range
Sale Price
Friday
Exchange
102
44
.
Jan
*
Bunker Hill St Sullivan
Byron Jackson
(Un)__
al5%
50
13%
Jun
22
21%
21%
150
21 y*
Jun.
25%, Jan
7%
Cement Co
California Art Tile class A
Caliiornia Cotton Mills
Calaveras
■>v 7
7%
1,525
:
-
'■:% 5
5
f"'... 70
8%
8y8
250
44
44
10
41
Jun
33
33
234 ;
30
Feb
12%
12%
10%
Jun V
•
-25
.25
Caterpillar Tractor new common.
.10
Celanese
America
Corp of
Milw St
Paul
Chemical
%175
■;S
55
1,128
32 %,
27%
27%
1.05
36%
2,000
24
Jun
30%
31
828
30%
a20%
a21
105
18 y4
Jun
_10
a47V*
a46% a47 V*
3 Y3
A--
50%
;
20
System common (Un)_'^»
Commonwealth & Southern (Un)
.*
alOYa
;
44%
25%
310
6,430
!
20
9%
19
2%
Jan
25%
Consolidated
Ind
Chemical
Jun
4%
26 Ye
34%
34%
250
'3
3
120
34% July
2% Jun
II
23%
23%
440
21% Mar
41% Apr
43 Ya
1" a9%
8
Jun
12 %
Apr
5%
5%
5%
Jun
A—*
Conoolidated Coppermin.es
Coiisojjaated Edison CO of JJ Y
iUn)..*
Consolidated
Natural
(Ufl).15-
Consolidated
Vultee
:
Continental
Oil
Creameries
—.
(Un)
Co
(Del)
Amer
of
Co
Aircraft
Motors
Continental
Gas
5
(Un)
Inc
j,
^
5%
130
10
27 Ya May
Z
v
152
Jan
10
Jun
27%
58
94
Mar
28 >
90
93
9?
u 351
9%
103
j' 9
;
55%
-9%
55.%
512
3%
3%
410
30
765
24%
43%
Mfg Co.—
Lominguez Oil5 Fields' Co (Uh)
29%
.....
Low .Chemical 'Co common.J
'
29>/4
'.h
-8%
40
I-I 27
*a47% a47%
.
Jun
Feb
,
,.3.'Z
12%
60
,30
cpmmon
Oil Wnrks-
lis
F A R
Liquidating Corp
Machinery &' Chemical
'General:ElectrJcCo-
364
t% July
%
U
243
23% ,23%
_•
-
i.:
37 *
Maurico
General Poods
Corp (Un)—
;;
General Motors Corp^J—_1J__
General Paint Corp common
:
„
16%
.i
89
-
...
7%
-
39%
.
***206
,
62ya
:
;
Jun"!
Great North
Greyhound
non-cum
pfd
(Un)i*
14%
._
i7y4
Standard
.
Ht^aiiau .Plneapple-CQ.
Development
*
A
,
850
10% Feb
170
12
'445
: 17 ^
Hudson Motor
Hunt Foods
47 "
2.25
2.25.
2.25.
.
25
13*' 13 V*
^__6%
10
10
IJjJ® Maryland Mines Corp -(Un) ..1
independent Exploration
.....33%o
2.05
2.10.
"
100
■ilT- ,v;;
car* Co—~—212.50
Inc
—
,
11%
,
'
Jan
July
4%
Jan
Jap
Union
■
j
.
.
12%
13%
international Nickel Co Canada (Un)_*
"iternational Tel & Tel (Un)
*
.14 %.
.2.75 Jan
•7
lOya. Feb
7%
a27% a28y»
100
26
-8%
150
8
4%,
2,298
8%
13% July
•
Feb
10% Mar
;•
'
:
-
^
-
County Land
Company
4;%
4%
47y8
Co
Magnavox
(R H)
Co'
common—.
*
(Glenn).....
4. -X
A
_
l
"41%
39
29
a6%
2.20 Jan
*!
Apr
9v.Jan
Jun
55%
Jun
27% May
6% Jun
16% Jan
18%
a8
".
,
18%-
250
a30% a30%
-
320
30
a7%
a8y®
35
a21
a21
50
a8%
a8y4
25
14%
r
Jan
Jun
32% Mar
8%
Jan
21%
,
Jun
57
21 Ya
Jun
49
144
207
28
4%
4%
19 y4
a36% a37%
al6Ya al67/a
Z
;
26%
35% Jan
37% July
27
,
;
5Ya Mar -:<«
14
Jun
19 Ya Jan
Jan
38 Ya May
37
1,275
25
23%
1,540
21% Feb
27
*28
27:
Jan
6
23%
23%
Feb-
17% Jun
35%
36%
28%, Jan
34%
July
4% July
94
20
a37%
23%
25%
Jun
23
7c.
453
8c
22%
7c,
13,800
Jan
29
...
V
15 ya
460
24%
25 y»
Apr
32 Ya
334
„„
11c
I
Jan
18 Ya
j
?
Feb
23% July
.
Jun
v
.
;
{
Jan
,
s
July
-
Apr
17Ya Jan
24
-'
Jun
.21
38%
32
14M4Jun
.
Mar
40Ya July
Feb
20%
1,047
32%
;
207/ir
15%
25%
34%
31
-
;f.".'3o
,
20Ye
:
16Ye Jan
6c
Feb
Z 466.
\m:
a32%Z32%;
a32%
32%
a26Ya
28Y»
•
Apr
10
28%
28%
28Ya
377/a
•
-
24
r
.
27 Ya
467
....
26% July
Jan
May
i
r 29%
.156%Mar:
200
37%
32%.May
29Y4 Jan
1,357
! .220
a25% a26y8»
,A277/a a277/a<
Calif.
of
24 ya
28 Ya
Apr
19 Y»
426
July
61%
63%
'
;
•
Jan
17%
Apr
Jan
;
'
<
l,
55Mi Jun
i.——25
23 Mr
61%
10
a54 Ya a55%r
16Ya
1,395
a29
a547/b
.;»243
22%
10%
22 Mr
lOYa
15%
110
15%
11
a38%
29 Ya
a38M»
-
:
1x369
a39-
29%
30%
13%
22 Ma
13%
13%
.
100
•
258
Mar.
12
r
33%: Jun
'*41% Jan
31% Mar
l37/e Jan
;rliy4 Mar
Jun
21
24 Y4 Mar
;
•
-14% Mar
10% Jan,
;
'■•;
15 Ya July
.
.
Jan
-Mar
25%. Jun
-
Zv
55 y4 May
25%
,
i
1QY4 Jan
423
Z
July
30 '
-
,
Jan
-10
886.
13 Ye
21
13%
19 Ya. Jun
,4,355
>f
Jan
23 Ya
Feb "
48% Jun *
330
10%
72%
Jun
Mar
30
United
8
3%
Corp-of Del (Un)———1
(new) common
•
Consolidated*. Oil—...—10
Equipment Co.-—-*—--1
Steef Corp
Universal
540
3%'
f
23%
23
23%
49%
47 y4
*49 M*
7 Ye
7 Ya
•10%
lOYa
Warner Bros Pictures
275
275
275*
I;
2,159
500
.
20
1.05
6%
6 Mr
.1,896
1,468
a7%*
50
15
100
15
100
20
(F
W)
10
(Un)
24%
100
5
5
"100
49 Ya
49%
442
24Ye
Elec Corp (Un)— -12%
Willys-Overland Motors (Un)_^—-1
49%
51
270
*
85c
-Apr *
/
Jan
281
*
.Jan
1.20 May
Feb
13% Mar
July
12% May
7Y4
5% Jun; :
6Y4. Feb
;
9%
9% Jan
a60 Ve a60y»
(Un)--4——1
Stores,
—-50c
^Pacific RR Co; pfd—
Feb
*
7% Jun
a7%
Lines Inc
Western? Department
Western
Jun
35
100
150
...;
1.00
6%
20%
3% July'
23 Ya July
2%,Jan
*
Jatt
7%. Apr
*16
JaQ
a—,:
Jun
26Y4 Jan
.4% Jun
44% Jan
49 Ya July
21
7%
Jan
.Jan
23%
■
"
313/4May
18
July
,'18,
404
22%
a29
—.1
(Un)
Westinghouse
Jun
■
Z 1,929
a67 a67%
*
.\;i
Wool worth
Jun
24
■
Z
•^49Ya Jan
27 Ya Apr
20% Jan
67Ya Jan
33 V* Jun
100
19%
Apr
7% Jun
5%
18
:
Apr
Jan
200
?
4%
:19%
1
482
a30 a30%
63%
(Un)——.•
Oil Oo of Calif -common
25
18% July
Jan
28
42%
49%
46%,,. Jan
105
9
100
24%
(Un)——_—.5
Wells Fargo Bank St U T——
100
Westates Petroleum common (Un) —1
Preferred (Un)
—-———_—1,
180
9
100
8
.
Jan
Apr
Jun
7 Me Mar
8
19%
11
a718%
7%
8
37%
Jun
30*
18%
14Ya
a30%
_.r-i-
.(Un
Western Air
29
Z.Z.—.11 •
fehaflt Calculating MachlneZIIIIIO
Martin. Co
865
Jun
49%
Oo-.----«-.--
Jun
}
4% Jun
235
31%
a67/a
—...
&
47y8 ^
31 y8
47y8
5
Leslie Salt Co
Z10
Liaby McNeill *& Uhhy
____7
i^ockheed
Aircraft
Corp.——II—1
Loews Inc
(Un)
•
Macy
r
9%
&24Ya a25%
"
Victor
Feb
Apr
209
10%
"
——25
19% July
31 y« Jan
*
Keiser-prazer Corp —i.
1
f^necott Copper Corp (Un) .—LIZ* *
n
-—*25
Union Sugar common ——12%
United Aircraft Corp *(Un)^__
5
United Air Lines Inc.——.———10
U
-
32 Ya
Jun
32% July
.
8
(Un)—
'■'■
66%
Jun
1.70 Jun
4,100
2,019,
Feb
40%"40%
a34% f a35,.
Union Oafbide, ft. Carbon
J9 %>" May ';■>
.
2.05, July
8%
Apr
25%
i
Texas -Company - (Un) —.-—-.——28
Tide ; Water Ass'd Oil ^common—?l0
Transamerlca Corp
i.-——-j——2
Transcontinental St West Air...
5
14% July
-
42% Jun
.
35
75
.
!39 %- Apr
:
Jun
1.65
215
20
*
—1•"
"
? 405
.
-
16% Feb
200
1.75
1.65
,1,825
a28 a28y8
Co^
Oil Co
Studebaker Corp
•..f-r-'r
44
Jun -
14 y»
•:Z; 47
...1...
......
34% .-Jun
11%
1.65
1
37%
14 ya
16%.
Ltd.1..-.----.-* *
Corp
;Honolulu Plantation. Co
205
«
;Co—
k-'-v
:
100
'
.Honondq: Oil
*
11%
'
—
Pacific
Swift Si ,Co
a—'
"
a36% a36>%
Hale* •"yooivie5'juic:;_i.;
Brips * Storesinc_;i——
.w:
60
"
12%
10 Ya
11%
21% Jan
a327/e a33Va
Standard Oil Co of N J (Un) —..—.25
Feb
.7;.:i4%Ijuh
Feb
10
994
14%
13%
a59% a59%
;
40%
40%
Jan
Jun
4
;
:
Feb
"
11%
Corp "
'
,
r.
-
I:
..
7
-
Sperry Corp
Standard Brands InCf <Un)
-
""
Golden State Co .Ltdrcomhibn..
l*
Goodrich- (B F) Co ' (Un)-.J—
*
Goodyear Tire -& ^Rubber, (Uri)—<■,
ZZ; 30
-1
preferred-4.88 fc
Boiithern 1
:Jati
; 16% Jan
! /;
16% May
.
4%
12"
12
a33%
.4.32%. preferred
.Cony .pfd4.48 % u..U.—
Oonv
43%. May
.
.
53 %r Jun
*10
415
4%
Feb
Jan
28y2. Jan
-
Jun
41% Jan-
963
61%62%
11%
11%
16%
16%
.
•
♦
a42% a43%
.
61%
10
...
.Cumulative preferred*
—
34%
Max*
Inc..—......
—5
Mining..........——P10
Roebuck &
r,
,V: 15% May
22% May
t
421
*37 -37%
.
60
Corp—
•
Co qlass A (Un)..*
-i.-—.—i_l
Union Oil,
'
%
52% Feb
Signal Oil ds Gas Co, class ^Au^i.-.*..^-*
..s..—•
Socony-Vacuum Qil (Un)—
—15
Soundview Pulp C'o...————5
,
; 14%
12% Mar
500
.10
161
'
.47% Mar
Jan
.
.
Jun
1,330 ?-
-
(Un),
9%
56
*48 % Mar
Jun
40
14%. 14%.
14 y2.
,_i
-
430
41%
.19%* 11%.
.10%
,
Electric Bond St Share Co (Un)
Eocd
'41%
(Un). -10
Feb
Jan
56
II20
(Un)
Southern Calif Edison CO com
Eastman Kodak Qo
•El Dorado
Jan
24%
17 Ya
*
Sinclair .Oil Corp; (Un)
;
20
Jun
49 %
Cement
Shell
Jan
July
6,
,
Jun
19
14% July
Jun
.10
San
Jan
j
v
15 Ya
37
Safeway- Stores
Jan
Jun.,
750
125
'
Jan
*
17%
205/a
245
-1
Brothers
Jan
10% Mar
225
.25
Riverside
-Mar
: 12'/4
Jun
8%
Feb
147/a
....Z——100
Oil
Feb
4%
Jun
8%
.
42 Y4
(Un)——•
Sears
-
3%
145'
39
Feb
39
50
297
9Ya
14Ya
(Un)
Co
Preferred
Robs
9% Feb
Apr
Doernbecher
Inc
Oil
Richfield
July
95
v
-
Apr
5
9%
w
;
99
May
7% Jan;
8%
-Z
3Ya
,
42 Yx
Reynolds Tobacco class B (Un)
Rheem Manufacturing Co
Jan
98
.97% July
-25
...
Apr
20
8%:
26 M» May
Feb
-50
Republio Petroleum Co
Republic Steel Corp tUn)_.
Jun
1,728
..
com. -5
55%
10
87/a
Feb
89
17%
Preferred
8%, Jan
Jun
54
15%
24%
20%
1—1
Co
Ltd
Co
3Ya
3%.
9%
Rayonier Incorp common
Feb
24%
987/a
•—
Class B common—... -5
>$.>. cum preferred
yLj.
4y4
'■.»
; ;
Jan
10
8%:
1
44%
24%
X
;*
Di< Giorgio Fruit Corp* class A
:y
51
24%
1-—i._.—„'*
Corp«, (Un)..—
alO
a56% a56%
5
Preferred—
37
.a41% h41%,
1
:
2nd -preferred-
—
5
Crown Zellerbach Corp common...
Cui tiss-Wright.
.
-
V "
a32% a32Ya
;;
Corp of America (Un)
;
*
Radio Keith Orpheum (Un) ..i.„—1
Railway Equip St Realty com
•
Jan
a9%
325
.
-10
_
(Un)__.
Radio
23 Ya Mar
....1
class
Pure
Jan
4%
*
Mill
Pullman
11% Apr :;
4Y4 July
Jun
26%
4%
26%
..25
—
-
—
(Un).—
Puget Sound Pulp & Timber (Un)_.
Apr
1
Edison
Pioneer
Jan
29
17% May
86
Corp
com
Airways
Phillips Petroleum
48 y8 May
Jan
19% May
Feb
235
97%
203
225
18
25%
93%
97%
Jan
57%
Jun
42% Mar
-
116
:
28% 28%
al5% a 15%
al0y2al0%
28V2
Columbia Gas
450
50%
32 %
■
•
American
Pennsylvania RR Co (Un)
Phelps Dodge Corp (Un)
I 34 y2 Jan
Jun
a20%
50Ya
17 Ya
25%
*
.100
com
Paraffine Companies common.
Paramount Pictures (Un)
32% July
/, 30 y2 Jan
:
! 1.80 Jan
Jun
90c
Western Oil
Pan
a—
Jun
17 Ya
"II ♦
Tel
&
Pacxard Motor Co
;
Jan
14% Jan
;
:
Service
Tel
Pacific
;
,
V', 46% Jan
r:
27 y4
,,
8% July
,
Public
preferred
Mar
9
Jun;
Jun
a—
389
1.00
1.00
25
Colorado Fuel St Iron pfd
Commonwealth
5
6%
(Un)—100
—..25
RR pfd
CO
31%
32%
—_l
Chrysler Corp——Cities Service Co (Uu)
Clorox
a37% a37y8
•
Co
Chesapeake & Ohio Ry (Un)
Chi
1st
Apr
'
& Co common (Un) —!
Central Eureka Mining
85/a
:
5
——
(J I)
5% Jun
;
*
Ink Co
Caliiornia Packing Corp common
Canadian Pacific By (Un)«——_
Case
Pacific
Pacific
■
„*
————
Caliiornia
Jan
a 15%
21%
2Y2
,CO'—_
Yellow Cab Co common
Preferred
..—i.
—.—.—.
J
—:
—1
5
5%
400
25
18 Y4
18%
200
July
7%
Apr
18 y4 July
20%
Jan
5
Exchange
Sale Price
Friday
Range
Par
Shares
Low
High
*
12V4
11%
121/4
1,924
$1.50 preferred
20
18
17%
18
910
16
$2.50
20
37.45
37.45 37.50
199
Abitibi
Power
&
Paper common
preferred
Acadia-Atlantic
Sugar
class
A„
21
5%
preferred
Algoma Steel
.100
Low
21
Jun
20%
Jan
Jun
38
Feb
19%
Jun
24%
Jan
Powell
15
102%
Jan
Power Corp of
56
Jan
Price Bros
ft Co Ltd common-
613/4
Jan
Provincial
.25
pfd—
39%
475
48%
Aluminum Co of Can 4%
39 %
99/2 July
30
May
47%
49
969
41
26
Argus Corp Ltd common
Asbestos Corp
45
5%
350
23
24
26%
5%
26 Mi
24
226
Jun
Jan
Jun
6%
Jan
Bell
Power
ft
Paper
class
A
Telephone
Brazilian
•
25
Light
•
*
25
Trac
ft Power
Rolland
183/4
19
310
17%
Jun
42%
41%
42%
4,447
38 3%
Jan
19%
19%
19%
874
17% May
20%
Apr
24%
24%
24%
655
22
Feb
24%
Jan
24%
24%
24%
a99
a99
25
2%
2%
450
Jan
23
Preferred
British
Elec
Columbia
Class
Brack
4%%
pfd__100
Power
Corp
*
cl
2%
26
A__•
B
26
26
80
*
Mills
Ltd
B
2%
2%
2%
212
*
4%
4%
4%
150
•
class
Building Products
Iron
Canada
2,131
90
102% 102%
168% July
203%
173% Apr
Jan
14
101
65
37
Jan
38
205
34% Jun
12 %
Jun
45/2
26% July
102% jan
Apr
43%
Jun
37
,
13%
13%
14
380
50%
49%
50%
1,530
10%
10%
318
45
60
10% Mar
-
>
•
16
16%
202
6%
6%
25
a70
a70
7
6.45
6.60
2,250
24%
30
293/4
30
460
-
Apr
25%
«
common
—
I
IlOO
Oil Ltd
16
Jan
Apr
101/2
St
Lawrence
Jan
Corp
17%
70
Jun
5%
1
5%
158
4
183/4
565
17
Jan
7.10 May
May
May
11
430
9
St
Jun
10
Jan
22% Jan
14% Jan
2
4%
27
Jan
Sherwin Williams
Foundries
Corp____
25
25%
975
21%
Jun
Jun
42% Jan
2,456
22V2
Jun
25
47
47
47
165
45%
15
15
15
50
17
17
17
240
15% Mar
16%
16%
16%
165
16
330
27
Jun
30
Feb
a95
a95
15
94%
Jun
a20
19 3/4
a20
10
97/2 Apr
17
Feb
20
17
Jun
18% Mar
5
Jun
Canadian Breweries
Canadian Bronze 5%
certificates
preferred
trust
4%%
Simpsons
Feb
18
100
9
9
27
120
18
22V4
July
8%
•
Apr
48% Jan
Jun
July
25
Southam
Press
—
Co
a
18
Jan
Southern Canada
*
Power
12
12%
35%
35%
27
27
20%
18
17%
17%
346
12
Jun
14%
33
Jun
37%
Feb
27
10
27
July
1,112
5%
Jan
75,
27
7 %
July
20%
20%
105
105
15
•
11
11
290
20
14
14
230
13
Jun
21%
213/a
22
1,410
19
Jun
35%
35%
35%
70
34% July
39
21
21
60
20
22% Mar
10
10
100
8
Jun
13
130
18
130
July
133
Feb
•
common
25
$1.00 Series
25
Canadian
6%
iioo
—:
—
preferred
18%
100,
21% July
Jun
105
Feb
Fairbanks
class
A pfd
pfd
Investment
20
6%
Foreign
Class
B
•
Tooke
350
a78
10
83%
235
-'84
85
35
82%
7V4 Jan
Feb
82% Feb
*
_—25
—
6%
a78
83%
*
common
Brothers
84%
•
1.
Jan
Tuckett Tobacco
Jan
14%
Jun
Twin
> 5
■,
■/
'
5
6
■
160
00
pfd
1%
17
t
Rapid
United Steel Corp
—'
v,<-
Transit-
Wabasso
Jan
City
a27
14%
•
a24 a24%
45
243/4
Jun
8%
330
8/0
Jun
8%
8%
225
8
a27
a28
240
24
14%
14%
3,715
11%
12%
96
94%
22
5
*
class
A
•
I*
78% Mar
80
85%
Jun
11%
-
500
'
160
7
4% Jun
10
158
*75
7
.
.
&
36%
~6
Jan
•'•'•••7
.Jan
5%
6
14
130
14
May
28%
Stores
Dominion
Textile
27%
283/4
1,095
24
Jun
22
22
22
100
160
11
May
143/a
96
1,735
81
Jun
22
125
20
Feb
Dryden Paper
30
300
'
5% Jun
7% Jan
110
3,385
35%
590
31%
Jan
17%
17%
17%
455
16
Jun
a7%
a7%
15
7
Jun
al9
al9
5
20
Apr
25
50
223/s
Jun
27
38
40
3534
Feb
39%
16%
1,850
13/2
Jun
11%
Eddy Paper Co class
A
preferred
23
1.85
-1
4% %
common..
Gatlneau
Power
Steel
Wares
Gypsum
Lime
Hamilton
$2.00
common
Smith
Paper
Hudson Bay
:
*
preferred
•
25
—
Indust Acceptance
Corp common
4%% preferred
•
preferred
-100
Intercolonial Coal common
International Bronze
6%
—100
International Nickel of CanadaInternational Paper common
International Petroleum Co Ltd.
International Utilities
Corp
Lake
of the Woods
Lewis
Bros
IIII25
•
IB
•
—ib
common
(John
Ltd—
•
A).——
—
—
MacMlllan
5%
Export class A—
Corp Ltd common—,
preferred
Molson
37%
213/4 Mar
footnotes
Corp
page
.25
-5
450
28%
Feb
29 Va
26%
1,275,
25
Jun
26'/a
Jan
34%
385
34
Mar
36 V*
Apr
253/4
1,796
26%
Apr
24%
•:>
Jun
Jun
Montreal Curb Market
Canadian
Feb
12
Jun
25/4
Range
Jan
Par
Anglo-Nfld
Develop
5
Ltd—
Co
tor Week
of Prices
Sale Price
Jan
11%
Shares
Low
•
"
Sales
Week's
Last
July
103/4
Funds
Friday
stocks—
27
20
Range Since January 1
Low.
High
15
—
575 >
15
625
15
10 %
-
High
:
18
Jan
12% Jan
July
103%
I03/4
Bathurst Pr &
Paper Co Ltd class B—*
•a4
a4
10
14/2
Jan
16
Apr
Belding-Corticelli Ltd
common
100
Belgium Glove & Hosiery common—*
al65
al65
9
165
Mar
165
Mar
8
8%
50
8
July
11
Jan
10
10
5
10
Jun
14
Jan
al3% al3%
15
13
Jun
15
Jan
1.00 Mar
1.85 July
Jan
Atlas
Steels
Ltd
*
—*
14%
13%
Jun
26%
75
24
Jan
27
—*—
20%
450
19
Jun
28% Jan
Brewers & Distillers of Vancouver
5
a97
a97
10
97
Apr
98ya
British
16%
58
16
103
July
200
60
14%
100
100
15
51
51
300
15%
15%
175
•
9%
201
100%
Jun
153/4
Jan
Jan
17s/8' Jan
106
a30
*
Feb
Brandram-Henderson
Columbia
Brown
Packers
Jun
15%
Jun
102%
Jan
Canada
ft
503/4 May
14% May
52%
Jan
Canada
Packers
17
Dominion
25
6 3A
'
2
2Va
3,200
2
May
72
72 %
140
71
6%
Jan
10%
6% Jan
Jun
72
1
8
Jun
Sugar..—.
Ltd
10%
5% Mar
25
10%
class
*
20%
20%
20 3%
*
A—^
31%
31%
313/4
4
•
'
Jan
Jan
103
12% Mar
Jun
9
Prod
105/a May
Canadian
General
25
July
25
July
Canadian
Gen
Mar
31
4%%
red pfd-100
70%
703/4
183/4
175
23
313/4 July
25
68
5uly
•5
230
Jun
.
703/4
Jan
32%
Jun
65
.
27
Feb
70 3/4 July
Apr
Electric
115
43% July
46%
Jan
Canadian Industries
46
690
38%
Jun
563/4
Jan
Canadian
17%
3,163
16%
Feb
13%
14
1,173
25%
25%
535
19%
14%
Jan
253/4
Apr
a237
•
15%
•
common
preferred
■
15%
378
20
20%
1,533
al71
al71
20
100
a237
—
.
■
17% Jan
Rand
Co—
-*
64
€4
'
64
170
178% Feb
81
Jan
Jun
64
23%
23%
Jan
22
19% Mar
18
60
July
"
Ingersol
Jun
230
15% Mar
Jan
13% Mar
243/4
.-50
Ltd
Investments
44
14
22%
575
19%
Feb
23% Jun
84
70
83%
Jan
86
a99
10
97
Jan
97
Jan
25
May
30
Lt
Canadian
Marconi
Power
&
Pr
Co
———100
—
:
.
—
.
25
33%
23% July
:—1
Paper
1
1.45
Ipv. com—*
i
1.45
1.25
1.25
100
1.15
77
Jan
2.00 Jan
~
Co
&
Jun
a99
Canadian
Canadian
Jan
84
Jun
2.00 Jan
1.25 Mar
Jan
25
25
125
a4
——.
Jun
3% Jun
63/4
2%
Jan
1
—
31%
10
Apr
99%
-
*
1
Butterfly Hosiery Co Ltd
13
7%
25
B
10
100
17%
—
class
Preferred
144
22
Ltd
Company common
45%
22%
-
Jan
25
25
a29%
45%
17%
10%
*
20
25
a4
20
al5% al5%
31%
32
52%
51%
7%
8
15
14%
15%
5
1,075
52%
8
4%
Jun
153/4 July
Jun
29
5%
preferred
10
125
•
21
21
•
67%
71
160
Jan
Canadian Western Lumber Co
3
22
Jan
36
Jan
Cassidy's Limited common
7%
preferred —:
83/4
44
Jun
58
Jan
Chateau-Gai Wines Ltd
7
Jun
12%
Jan
Claude Neon General
13% May
15% July
3%
-
3%'
—1
3%
10
100
Advt
!
110
110
*
•
com_i
Preferred
8
:
100
—
*
8
a20c
" 60%
„
.
a20q
50
8
3
60c
Jun
100
Jan
54
Feb
Mar
9%
July
20c
-
Apr
12
"116
1
100
Mar
4
3% May
July
110" July
25
8
60%
84 •;
Jun
10
175
*
J.
-
Jan
1 Feb
62
875
\
10
11
24
9
^
-
—
Jun
19% Jun
50
—
.—
2,335
1,305
9%
Canadian Silk Products class A
Canadian Vickers Ltd common.
3,430
-
..
...
Feb
Jan
Jan
r
24
24
243/4
160
22%
Jun
29
jan
18%
18%
Commercial
25
16%
Feb
common
•
19%
Jan
11
11
25
11
Consolidated Bkkeries of Can Ltd
*
July
11
15 "
Feb
8%
9
140
Jun
•
93/i
Jan
14'%
15
15
50
14% July
193/4
Jan
91%
92
108
91% July
95
Jan
16%
16%
163/4
570
15%
12
22%
Jan
ll3/4
12
979
10% May
15
Jan
May
7%
--
36%
42%
—
Ltd
Consolidated
5 r!o
Textile
Mills
37
37
165
33
Feb
37
20%
240
19
Jun
23%
51
51
3
353/4
36%
830
42%
42%
80
10%
10%
500
183A
605
50%
Jun
Jan
52%
Apr
Fanny
343/4 Mar
38%
Feb
Fleet
40
42% July
11% Jan
Jan
10% May
16%
Jun
23%
Jan
Steel
Products
Aircraft
Farmer
6
Jan
11
500
7 3/4
Jun
11
July
14%
15%
1,790
%
8/4
100
8
18
100
18
Ltd
Ltd
Co
a54
10
15
15%
150
*
5%
5%
Inc
com
31
•
10
400
18% Apr
-,'.13% Jun
19
.
Jan
53
Jun
'13%
Jun
5% July
28
,
60c
May
Apr
32
75
1.45
1.45
1.50
6,625
1.25
Jun
__
22%
22%
460
20 3/4
Feb
10
10%
10%
10%
100
31
4
July
Jun
9/4 Jun
Jan
Feb
70
July
*
31
'
100
•
25
1.00
99c
1
•
5%
a35 % a35%
5
]
Ltd
a54
100
!
Candy Shops
Paper
•
'
Manufacturing Ltd
Lakes
Jun
•
Ford Motor Co of Canada class
A
Foreign Power Sec 6% red pfd
Great
2%
-*
Kootenay Pr 7% pfd
Fairchild
615
10%
\
23/4.
20
Square Corp
Donnacona Paper Co Ltd
East
2%
2%
Ltd.com—*
preferred
Dominion
Jun
20%
18%
Alcohol
Consolidated Paper Corp Ltd
*
18%
42.
29/2
;•
Eastern
common
25%
243/4 May
253A Jun
Feb
1,028
9%
—
*
.40
see
25%
.10
Canadian Food
20%
7%
preferred
National Drug & Chemical
pfd.
For
34%
.1
..
Apr•
r
8% Mar
al5
100
Ltd
Car
Scotia
Royal
25
Jan
—
•
•
Telegraph
National Steel
Nova
195
14%
—
*
Locomotive
Breweries
253/4
203/4 Jan
Feb
Apr
■
21
11%
14%
-Ml —
National
29%
26
.1
103
*
•
Oil
Breweries
Montreal
Montreal
29%
-10
■—
16%
100
r
Massey-Harris
McColl-Frontenao
25%
*
22%
17
—
—
Mailman
25%
10
19% Mar
."
Feb
•
—-
preferred
Lang & Sons Ltd
813
Jun
100
—
5%
305
113/4
—50
—
ft Smelling
Imperial Oil Ltd
*
Imperial Tobacco of Canada coramon_5
4%
<20
23V2
13%
100
common-.;
—
Mining
20
23%
75
*
preferred
28% Jan
60
II60
pfd inc 1927— -50
«
Alabastine Ltd.
Apr
12%
—•
Bridge
Holt Renfrew
Howard
ft
27%
15%
\
common
495
12%
.100
preferred
Goodyear Tire 4%
a29
20
26
100
5%
Jan
a28
a 14% a 14%
t*!1
General
43
301
20
common
Feb
Feb
1.85
*
_.....
5% preferred
100
39
23%
14%
-
97% Jun
60
15%
—
preferred
12
42
.10
-
Imperial
Jan
>)
Fraser 'Co
Apr
a99
1.50
12%
Products
Famous Players Canada
Corp
Foundation Co of Canada
Jan'
37
42
.10
-—
—
Dominion
Jan
18/2
.
11%
.20
Corp
Heating
213/4 July
14% Jun
al5
*
19
Feb
&28
173/4 Jan
„——
.
Apr
27
25
627
25
a99
Apr
16
100
Jan
21Apr
17% July
42
IZ25
preferred
Feb
38
27
343%
»
22% Mar
25
27
17%,
33%
*100
common
Montreal
18%
16
17%
34
16%
28% July
Banks—
Jan
213/4
•
Power
Ltd
Commerce
122% Jan
35
•
common
17%
•
preferred
6%
Jan
173/4
25
Ltd
common—
_»
Canadienne
213/4
—
Kootenay
(George)
Ltd
5%
17% Jan
35
_•
Jab
170
Jun
14
Worts.
;
Jan
11% Jun
*
SteeL-
'7
Jun
5%
Jan
Jun
■
common
Dominion
&
May
33
Foundries
Apr
853/4 Feb
*
_«
—
Winnipeg Electric common.
Jan
18
•
Dominion Steel & Coal class B
Enamel
113/4
25
preferred
Glass
Weston
Jan
•
Dominion Coal 8% preferred
Dominion Dairies common
Electrolux
28%
Cotton
Walker Gooderhami'ft
Jan
*
Distillers Seagrams
Dominion Bridge
East
May
117/B
25
Mining ft Smelting
Davis Leather Co Ltd
Dominion
8%
•
Consumers Glass
5%
8%
*'
Canadian Pacific Railway
Cockshutt Plow
Dominion
22% Mar
Zellers
Locomotive
Consolidated
a24%
*
____
Canadian
10
100
Canadian Ind Alcohol class A
Jan
'
9%
Wilsils
Converters
Canadian
May
Feb
130
preferred
Steel Co of Canada
,
Celanese
Series
Jan
18% May
9% Jan
Apr
100
preferred
Canadian Car ft Foundry common
Class A
Jan
'
18
12
15
86
v
26% Jan
28 3/4
18
363%
24%
Sicks Breweries common
Jan
33
28%
*
782
23%
5% May
Jun
25
10
common
Power
Canada com
of
421*
23%
*
Jun
3/4
Jun
40
•
50
•
•
100
26%
71
41
*
Feb
May
1,395
72
.1
Paper 1st preferred.
preferred
Shawinlgan Water ft Power com
Series A 4%
preferred
Jun
24%
72%
72
.99
Lawrence
2nd
Standard Chemical common
Canadian
Jan
94
5.90 Feb
18%
18 3/a
49
Jan
9%
6% Jun
10%
common.
preferred
preferred
2nd
Jan
3
2% May
28%
Canada Steamship common
•
5% preferred
50
Canada Wire & Cable Co Ltd class B_*
$1.75
Jan
H% Feb
Jan
97%
•
*.
Northern
Canadian
May
42% Jan
16% Apr
42% July
20
common
$1.30 preferred
Canada
26%
k
preferred
Voting
Canada Cement
Jan
•
Columbia
British Columbia Forest Products
British
120
jan
23
16
Paper
Royalite
1st
British American Oil common
Feb
59
Feb
38
Quebec Power
4%
Bathurst
23
May
20
Jan
26%
Jan
5%
21
26 %
Jun
25%
Jun
49
850
43%
Canada
1
1,870
26
__
Co
River
20
56
Transport
39 %
Aluminium Ltd
__
Heat ft Power com—*
5% preferred
:
1
=100
Page-Hersey Tubes
Ottawa Light,
January
High
60
26%
Jan
▼
Low
21
55/8
213/4
35
50
a99 % a99%
1%
High
Range Since
High
213/4
23
168% 168%
56
•
—_—•
_-__l00
common
17%
93/4 May
Shares
21
——*
Ltd
Flour Mills
preferred
Ogilvle
Bange Since January 1
Weaving—
Mines
Noranda
lor Week
of Prices
Wire
Niagara
Sales
Week's
Last
Sale Price
lor Week
Low
Par
OsaftdlM Fonda
STOCKS—
Range
of Prices
Last
STOCKS-
Sales
Week's
Friday
Montreal Stock
May
12%
'
20% Jan
71/4 Jan
35
Jun
1.25 Jan
36% Feb
2% Jan
26
6
16
Jan
Apr
Jan
Number 4825
Volume 170
THE
COMMERCIAL & FINANCIAL
CANADIAN
RANGE
Friday
STOCKS*
Week's
Last
Par
Shares
Low
a8%
8%
30
8%
49'A
—
49 'A
(Walter M)
•
-10
& Tel Co Ltd com_
14%
14%
18
6lA% conv pfd__20
Distilleries Ltd 6% pfd
10
24
Canada Ltd————10
Minnesota & Ontario Paper Co
5
Moore Corporation Ltd —
•
75c
Massey-Harris Co
Melchers
Jan
Jan
13 %
340
17% Feb4
Jun
100
24
100
11
75c
100
50c
12%
13
165
12%
68
69 V2
185
65
16%
ie%
505
15 ya
16%
Apr
July
May
Abltlbl Power
75c
69 %
10
*
__
Feb
1.10
Jan
Jun
22%
Jan
Mar
73 Ya
Acme
16
Alberta
July
\ 18%
18%
18
18%
350
15
Jun
20%
17
150
15
Jun
18%
Jan
17
108
Jun
100
109
110
43c
20%
&
Oil
Pacific
Aluminium
Jan
43c
44c
9,636
10%
10%
11
875
113
American
Anacon
Apr
Ltd.
•-
class A
30c
:
41c
Jan
46c
8
Jan
11
July
5,300
28
25
28
20
:
35c
28
20
"60
19
25c
July
65c
Mines Ltd
*
Lake Gold Mines Ltd
Bordulac Mines Ltd
Bouscadiilac
Gold
Central
Consol
2,500
July
July
29
4c
Feb
4,500
4c
Jan
a2c
3c
7c
.
3%c
VAv.
3,500
'"v5c
'
Mar :
5c
Jun
6c
3'Ac July
4%c Jun
1,000
2,000
11 %c
8c
8,800
5%c Jun
2,000
;3%c'Mar'"
13c
13c
1,000
13c
a
—
18%
18%
a
10c
10
-
58c
*
-
__
62c
16c
500
2.18
69c
——~1
1.65
1
4c
1
5.95
5c%
6.35
29,500
9c
Jun
20c
Jan
13,800
16c
Jun
68c
Jan
10,460
9.00
1,200
2,500
;
200
4c
9.90
4c
Jack
Lake
Joliet-Quebec Mines Ltd
Kerr-Addison Gold Mines
Lake
Shore
Mines
1
1%C
July
2%c
2'Ac
1
Macdonald Mines Ltd—.'
Malartic Gold Fields Ltd
-I
21 %C
July
'
Mar
Mines
(1937)
.1
Oil
Atlas Steels
—
Jan
Aumaque
.
1
Bagamac Mines
of
-
—
16 %o
Bank
Bank
3.60
.—
Nova
18c
Apr
July
Feb
Base
Co
Metals
Bathhurst
Jan
Bell
Mining
Mar
Blue
6.35 July
Corp
<
Rock
:
.
.
Boycon
26c
-
53c
Jun
Jan
July
Brand
July
Brantford
3c
Jun
6%c Jan
8c
May
45c Jan
2.50
2.50
1,500
5
62%
63
275
—
V
7.000
19c
2.12
-
70c
May
Jan
51
2.64
Jan
63
&
20c
Jun
55
295
41%
42%
4,923
25c
5%C
14 %C
Ltd
1
——
75c
77c
1
21C
2.40
2.43
72c
1
I
500
•
Apr
18c
2,400
21c
*
Jun
1.72
1,650
American
1
1.62
1.62
75c
1;
>—
•
80c
3,000
b
Oil
British
8c
May
9c
Jan
9
Feb
12
12
July
25c
May
35
4,500
500
18c
34,100
8c
May
3c
1,500
2c
Jun
5%c
Jan
36c
1,649
26c
Feb
45c
Apr
9.85
550
y;.^i,ooo
4c
4c
■'
Mar
1,000
Jun
British
19%
915
24%
545
22
Mar
24%
Jan
5
24
Jun
25%
Jan
86%
20
86
145
97
May
2%
600
Packers
class
,8,000
2c
July
8c
Jan
Building
3c
a—
—
6%
7
•
25%
25%
5
25
400
2
Jun
19 %C
20c
4,100
150
Oil
*
—
13 %
C
May
7c
Mines
Ltd
50c
1.20
1.20
300
1
i
2.05
2.20
22,650
48c
Jan
2.00
2,100
6%c
6'/aC
2,000
29%
3'/eC
30%
3%c
2,500
15%
15%
1
10c
*
*
Lake
Red
Products
•
1.12
July"
Jun
Bunker
2.57
Hill
&
(1944)
Iron
1
—
23c
23c
1,500
20c
May
45c
700
25c
Mar
44c
1,068
41c
Jun
1.66
1
Ltd
:
45c
1.81
2,100
1.50
45c
Ltd
Mines
Mines
—.
1
1.60
500
-
,
1.35
Tlblemont Goldfields
Torbrit Mines
Ltd
Trebor Mines
»'
lie
United Asbestos
Corp
Vinray Malartic Mines
•
2c
10,300
1.05
15c 17'Ac
1
1,500
12c
93C
*
Ltd
42c1
,
Jan
class
Flin
B
—.—
Flon
—
July
Canada
53c
Jan
Class
1.86 July
1.90
74c
8,500
15c
May
Jun
July
Ltd
43'Ac
2c
46c
1
48c
2%c
42c
May
2c
32,100
15,500
Jun
Bread
B
Preferred
Ltd
Ltd—.
—
Mines
9.20
9.20
4c
4c
July
1.34 May
73c
Jan
1.28
—*
Ltd
2.25
2.25
200
Jun
37c
Jan
17
Jan
10c
24c
Jan
Jun
Jan
Jun
3.05
May
9%c
Jan
33
Jan
115
May
3%c July
12% Jun
10c
900
5%c
Jun
14c
4.75
1,375
3.75
Jun
6.60
Jan
7c
7,150
4%c Jun
8%c
Jan
54c
Jan
765'
1.60
5c
27
5c
17%
May
Feb
July
Northern
3.15
84
84
10
84
Jun
40
40
45
40
July
190
50*
——*
31c;
i 3,525
•
1,900
30c
2.70
Jun
Jan
3.75 Mar
87%
Feb
53
Jan
26 Va
Jan
25
*"
25%
28%
28%
20
27
Jun
30
Feb
44%
20
—.—
Canada
31c
45
70
43
Mar
60
Jan
Mar
22
Jun
Power
B
9%
9%
100
31%
31%
100
*
15%
15%
50
12%
———
•
*
——
Canada Packers class A
12 Ye
Jun
10
Jun
33%
14% July
16'/a
Apr
345
12
14%
Jan
33'/a Jun
24%- Jan
8%
29
Jan
Jan
4y4c Jan
Jun
15
Feb
Feb
10c
Canada SS Lines
Jun
2.50
Apr
common
—J—i——.
".50
35%
35
35'%
118
28%
27
28%
105
6
6
250
Jun
37% Mar
Jan
2.12
6,500
30c
Feb
14 %c
3c
125
1
—
—
Jan
37c
14% July
3.05
100!
Malting
V;.-. Preferred
Amulet Mines
westviile Mines
preferred
preferred
Canada
Waite
Wright Hargreaves
May
1
4%%
Canada Cement common
Jan
Class
1
18c
1
Campbell Red Lake
50c
,,
1
—
Jan
Jan
•
.
f
Apr
1.30 May
'
3%
7c
3%C
—
Co
Calder Bousquet
1.57 Jan
1.25 May
44c 1
—1-
July
26%
..
4.45
30%
-
Calmont Oils
Ltd—.—
Mines Ltd
7
5'/a May
Jan
Jan
35c
2.00
1
Callinan
Feb
14c
—1
Burns
Mines Ltd
Jan
3
Mar
2%
Buffalo Ankerlte
—
5%c Jun
<
90%
Apr
101% Jan
Jun
B—_*
A
6,100
4C
•
2%
2%
class
14 % C
Buffalo
2.000
20%
July
99%
2%
Jan
: 25% July
Jun
98%
1
Jan
35'Ac 35'Ac
Feb
86%
75
67c
3,000
17%
1.25
July
100
5,000
Jun
a—
45,400
25
Products—1*
24%
35C
17c
3%c
45c
24
pfd
July
19%
14%
100
7'Ac
10
8.25 Mar
75
34c
1,000
6c
July
100
14%
22c
3'Ac
19c
45c
*
a22c
6%c
Apr
25%
1
22c
50c
:
-
Apr
4c
6.90
Canada
Wire
Canadian
&
Cable
class
B__.
*
Bakeries
6
July
29
6 Ya
May
Feb
Canadian Bank of Commerce;—
Anglo-Canadian
Oil Co Ltd
British Dom
Oil &
Calgary
Cons
&
Dev
*
Oil
Co Ltd
class
20c
100
7c
7c
1.36
1,900
79c
79c
500
5c
500
1.30
3.85
„
10 Va
11'Ac
12c
—90c
1.35
1.40
9 50
22%
Feb
24% May
20%
19
Jun
21% July
17%
18
300
13 '/a
Jun
18
23%
23%
30
23
Apr
25
Mar
17%
17%
35
13%
Jun
18
July
11
355
Canadian
July
Feb
s'
Jun
6.60
Jan
Jun
12c
Jan
2.00 May
Jun
88c
Apr
1st
8.50
Jun
13%
8c
Jun
14c
Jan
1.20
Feb
2.60
Apr
Ltd
——
*
Jun
6c
Canadian
Class
A
Canadian
—
preferred
Petroleums
For
footnotes
Ltd
1
-
Ltd
see
*
page
42.
2.50
2.50
14C 15 %C
17%
Car common
11
10%
Jan
14%
Jan
14
14
30
13
Jun
17
Jan
21%
21%
435
19
Jun
22%
Jan
35%
35%
30
35
Jun
39
5%
9%
5%
9%
100
70%
70%
50
225
230
•
8%
8%
*
27
27
——
Celanese common-
21%
————
•
9%. Jun
May
Jan
Canadian
Food
A
Products
2.10
Feb
9%c May
3.00
25c
common
*
*
-
Preferred
Canadian
Western Oils
common¬
Jan
4,000
—
preferred
Convertible
Class
Omnitrans Exploration
Canners
Preferred
5,216'
3%c
9.25
*
1,265
1.220
Jan
P
*
23%
20%
5.30
89'Ac Feb
76c
23%
20»/4
36'Ac
2.90 Jun
20c
5,000
4.70
*
Okalta Oils
Ltd
Pacific
20c
*
*
A
Home Oil Co
Ltd
New
Pacalta Oils Co Ltd
Ban
100
-1
Caspe Oil
Ventures Ltd.
General
Petroleums
3.25
4.70
Corp.—:*;
Edmonton Corp Ltd
Homestead
3.25
23%
Canadian Breweries
Oil Stocks—
General
Jan
Canadian
Indus
Apr
Canadian
Electric
Alco
Locomotive
"A"
—
voting
;
-
1
Broulan Porcupine
Bruck Mills class A
a22c
.
22c
11c
100
Power
Dominion
1
"
May
2%c July
25%
25%
B
—1*
4C
10 %c Mar
'
Buffadlson Gold
1
V
Jun
3,000
Jan
1.45
1
Ltd
9%
Jan
Jan
Feb
16c
24%
4%
Forest
Columbia
1.03
33c
•
common
Elec
Columbia
July
May
3%c May
6% July
55
18c
45c
25
preferred
Columbia
British
1.95
18c
5,000
15c
Jan
Jun
5,300
6'/a
25
Mar
75c
100
Jan
42% July
2%C
9.70
A——
—
Columbia
i/4%%
Class
Jan
23
14% May
35c
—*
class
Cordage preferred
3.70 Jan
'
65c
17% Jun
July
387/a Feb
12
16c
i:
31c
.
1.06 May
2%c
18c
—
84c
Jun
37% Mar
3c
—
Millen
Preferred
British
Apr
9,200
Jan
Apr
36 %
37c
Brazilian Traction Light & Pwr com—"
July
34% July
35% Jan
12%
12
Bralorne Mines
17
British
490
187/a
X
15
3,000
1,000
Jan
35c
Pershing
Feb '.
4c
Jan
525
26%
12%
_
Jan
lie
Jun
5c
common
27c
Jun
Jun
6'/a
Jan
4%c Jun
84c
Gold
Boymar
Jan
34%
14c
Feb
3.65
25
Calgary & Edmonton
Gold
Sullivan Cons
3%c Mar
4'Ac
Jan
1
Siscoe Gold
Mines
Steep
l'Ac Jun
3,500
100
U
■
.
10,825
38c
Jun
5,200
common
Gold
14%
1
Ltd
Ltd
Mines
Jan
19c
5%C
26'/4
3.00
U%c Jan
16C
"Bonville
British
Santiago Mines Ltd
Stadacona
12%
,
800
24c
Hats
11%
12c
Quebec Manganese
Mines Ltd——.
1
Quebec Yellowknife
Gold Mines Ltd—1
Sladen-Malartic
0%c Feb
.
3.60
37
Mines
2'Ac Jun
12,100
42c
Quebec Gold
Mining Corp
Quebec Labrador
Develop Co Ltd
Sherritt-Gordon
V
40c
Pandora Cadallic Gold
Mines Ltd
Sheep Creek
Jun
May
89c
Gold
Kirkland
Ribbon
Bobjo
May
42 %
Telephone
Biltmore
6c
10c,
187/a
Jan
Bidgood
Feb
1,500
6,000
•
37
A.
Jan
Jan
87c
35c
class
Apr
15c
12%
Power
.
«
Jun
34%
Bros
18c
94c
i
8c
2,500
37
—
Jan
9%c Jan
May
May
10
87C
—
Ltd
13 y4
12%
4%C
——
Scotia
Toronto
8c
9c
May
14%c Jan
Jun
50c
,
Jan
Jan
30c
Jan
3c
Jan
July
6%
Jan
8c
7%c
Jun
26
Consolidated
of
lie
8o
July
4%c July
10% Mar
885'
3.30
Montreal
of
6,000
24,300'
16c 16 %c
Jan'
Jan
10c
1
Gold
Bankfield
24'Ac July.
11 %c Jan
Jan
1' :
Gold
13c
77c
10%
8c
1
—
Jan;',
Jan ~ :'
12C
"
__
10%
65c
10 %
lie
I*
Yellowknife
Aubelle Mines
Janp
89c
12 %C
„•
,—u
—
Teh
150
4c
400
5c
350
12c
23c
5%,
Jan
13q
May
5% Jun
I
17
1
Jun
10c
1,000
A; 14'/a14%
yr
May
5c
1,000
4%c
78c
8.75 Mayr
500
Jan
44c
Feb
2%c July
4c
'
3,000
•'*
—1
O'Brien Gold Mines Ltd
Osisko Lake Mines Ltd
Senator-Rouyn
43c
-
1
Corp' Ltd
Pitt Gold
Mining Co
16% 1
3c
16,500
13c
22 %c
174,833
-X
(
Mines
Nechi Cons
Dredging
New Goldvue Mines
Normetal Mining
45c
17
——1
Lingside Gold Mines Ltd-.—_—
Louvicourt Goldfields Ltd——
Mclntyre-Porcupine
45c
1
Ltd—..
Ltd
<3c
400
1%C
——-—-1
Ltd
3,000
13c
5%
common
Bordulac
Gold Mines Ltd
Mines
4'/aC
9,100
;
Athona
3.45
May
5.60
500
,
J-M Consolidated
44c
4%o
5c
—
4C
9.70
---
10%
41c
Ashley Gold & OU—
19%
July
5c
;
5.30
8.65 Mar
50
25c
,
Jun
4c
'
Jun
3%c
13c
Bonetal Gold
*
Ltd——5
2.85
4,500
62c
-
Jun
20c
500
Jan
32c
56,800
Bevcourt
'
18c
3.40
12
18c
Jun
42c
2,500
1
Jan
May
3.10
10c
7%c Apr
May
16c
16.000
Jan
61 Va
12c
23c
'-16c
•
Jan
39c
> -
3,000
66c
Ltd
40%
12
Beatty
2.10
El
>:
May
15'A
6,000
16c
—1
Mines
16c
795
1,000
11'%C 13 %C
—-—
Barymin
*
49
15c
27 %c
Mines
Arjon Gold
37%c Feb
4%c
—1
Gold
Jan
19c
10c
-
July
7%c
1
Cons
103
8%c
I3c
4%c
____1
Mines Ltd
27 %c
Jun
Jun
99
_1
3c
1
Ltd
Goldora
Jun
Jan
8.90
Jan
25c
-
v
Ltd__l
Eldona Gold Mines
"Hollinger
2,500
25
3.15
-—
Corp
Bank
Formaque Gold Mines Ltd
Giant
Yellowknife
Gold
17c
Jun
.10
•;.v
l'Ac July
iv 1,000
3%c
6c"
13 %c 13 %c
Ltd——1
SI Sol Gold Mines Ltd—
Apr
19%
13 %C
Oil
Mines
Aunor
1
Ltd
85c
Feb
195
28'/4C
Lead
Atlantic
300'
1,000
—i
Jun
38%
19c
Jan
7c
22,000
Mines. Ltd
55c
Jun
9%c May.
Jun
1%C
Mines
2,600
Jan
35 V*
Armistice
5c
July
10c
1%C
Mines
Feb
69c
15c
Apex Consol Resources——
Porcupine
15%c Mar
Jan
4,500
1%C
—;—
Mines
4c
4c
Mines Ltd——1
Donalda Mines Ltd
Pen-Rey
65c
12'Ac July
&2c
7c
———_i—1
Mines
17%C Jun
-
17c
8c
Cadillac
8c
Jan
21
17c
7c
Ltd!
July
Jan
20%
75
Ashdown Hardware class A
-7c
Dome Mines Ltd
East Sullivan
4c
—.—;—•
Explorations Ltd —
Coufnor
Mining Co Ltd
Gold
4c
———.1
Cortez
Dulama
1,500
Ltd-—_ri_l
Mines
5c
47'/a
1
Atlas
Gold
Gold
14,200
13c
—1
Mines
Cheskirk Mines Ltd
Consolidated Astoria
31c
12 %c
_•—1
Candego Gold Mines—
Centremaque
28 %c
1
—
Bouzan Gold Mines Ltd
Cartier-Malartic
29c
12%c
1
Beatrice Red Lake Gold Mines Ltd
Bob's
;
.—
J
2,000
17C
•
Mines—
Yellowknife
Rouyn
Argus
r
50
5c
68C
1
Larder
Ansley Gold
May
*
Athona
100
5c
Anglo-Huronian
Area
Lead Mines
99%
1
Ltd
Aquarius
Anacon
22
High
17
Jun
Mar
30c
-
28
—
Stocks—
21%
*
Cons
f
Canadian
Anglo
■'
Mining
37
Low
9% May
16
Jan
17
—
B
Class
700
37
100
Gas
Anglo
Trans-Television
United Corporations
512
18
Jan
*
pfd
12%
17%
17%
•
'Preferred
Amalgamated
Southmont Invest Co Ltd
Standard Paving & Materials
Range Since January I
High
Jan
*
,
Paul Service
Shares
11%
2o
20
$2.50 preferred
for Week
Low
•
common
Akaitcho Yellowknife
Newfoundland Lt & Pr Co
Nova Scotia Lt & Pr common
Stores Ltd
Russell Industries Ltd—
Southern Canada Pr 6%
Paper
$1.50 preferred
Jan
12'A
&
Sales
Range
of Prices
Par
Jan
27%
Week's
Last
Sale Price
18% July
May
1
16%
Friday
STOCKS—
Acadia-Atlantic class A
of
Mica
8%
51'/a
Exchange
Canadian Funds
Jan
Apr
49%
10'A
310
.
Toronto Stock
Jun
8
47
18
Maritime Teleg
29
High
8% May
127
•
14%
18
Co Ltd
Lowney
JULY
Range Since January 1
High
—a8%
39
MARKETS
FOR WEEK ENDED
for Week
Low
Co
10
investment Foundation Ltd com—*
6% convertible preferred —
50
Halifax Insurance
(431)
Sales
Range
of Prices
Sale Price
LISTED
CHRONICLE
4%
8%
Jun
8%
Jan
Jun
13%
Jan
67'/a July
210
8%
24
Jan
77
Feb
245
Apr
Jun
11%
Jan
Jun
36 V*
Jan
s
-
Monday, August 1, i949
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
(432)
40
—
RANGE
Friday
Last
STOCKS—
Week's
Tire Corp
14 y4
Oil
*
15%
2,819
11%
Jun
27
-i
—
(new)
a
-
22
.
70c:
76c
*
..4.400
81c
f.
6,200
65c
27c
28 c
9
common
.
Chemical
Wihes
.__I—
_
8
.
Harricana
Chesklrk Mines
Chesterville
11^4—-—•—-—■—1
Gold
—
1
Mines
5U0
41c
May
98c
5c
0c
,,2.500
..4c
May
10c
2.30
12c 12 VaC
12C
2,000
1.50
—1
2 V4C
.
3c
*
Colomac Yellowknife
2.45
2.65
11%
12 72
24C
Petroleum
Consolidated
Beattie
* 14%
&
,
Homer
Consolidated Lebel
July
7c
Hosco
Gold
36c
Conwest
64c
Jun
1.24
85c
Jun
1.15
Hugh
Jan
July
1.01
400
1,000
;
147ac
12c
15c
10%
10%
_
280
53%c
»■
6c
.i,
55c
6c
r
Jun
«.
Craig
Bit
8c
»
Jun
64c
96
,
12c
preferred
u,
1.01
1.10
14
15
;
17%C
Feb
Crow's
Pershing
Nest
Crowshore
Coal
5%
572
*
90
7,200
1.45
Jun
.14
Jan
574
■:
Davies
Class
:
class
16c
Jun
30c
40c
Feb
65c
Ltd
48
00 S? O
2,000
7c
Metals
Red
Dexter
Lake
5%c
Jun
Feb
15c
Red
Lake
____:
Dlstillers Seagrams
Dome
Mines
Jun
43c
t
—
21
Jun
23
Feb
7
100
7
July
10c
Jun
7c "
28,500
19c f
2,000
12c r
11c
Uc
Nickel
*
5,500
-
1.20
500
27c
20c
Kelore
Dominion Coal preferred
Electfohome *.
Dominion
Foundry
&
Gold
Ken-Addison
Kirkland
Feb
1.69
Gate
1,935
14% -Jun
18%
Jan
18%
19
1,695
15 y4
Jan
19%
25%
145
24%
Feb
26 U Jan,
Lake
Diifault
Mines
Fortune
Crest
Jun
20 % Mar
Lake
Ling man
17%
18
•
3
24%
65
.
3
24%
46c
Mar
Jun*
32c
2%
50
315
*
May
Kirkland-Hudson
Jan.
-
37a
Apr
2272 sJun
260
10
.
25
167a
16
167a
277a
27
27%
11%
56c
167ac
16c
Labatt
East
Leduc
6c
6c
13%
1,195
674c
7%c
7c
5%c
5%c
Oil
20c
2172 Feb /
11%
•
360
63c
Jan
17%
Jun
10%
35c
126,850
9,500
Eldona
9,500
7c
Jun
July
22c
1,500
3,000
19c
Jun
-
\
15,415
5,410
LUZ
Lapa
Mar
10%c
38c
1.83 May
1.62 Jun
2.70
Feb
class
7%
Francoeur
Jan
Lunward
8,950
30c
Jun
41c
Jan
Lynx
64C
70C
118,225
41c
Jun
77c
21c
7,463
18 %c
July
25c
July
40c
6,020
27c
May
60c
Jan
3.60
147a
400
137a
31
32
510
31
tr>r'
6%
672
400
105
1
105
20
Power
Products
Preferred
General
___
Steel
Wares
class
A—
Orl
God's
Lake
Goldale
20 7a
7c
116
Jun
May
16 7a
4c
45
1027a 103 y4
50
19%
19 7a
100
Golden
Mines
r
i—1
;
-
•>
^
:i3cl
•
class
_i
—-—I
Macho
Mines
For
Gold
u-i.
_
footnotes
July
Jan
48c
see-
page-42.
14c
Jan
July
23c
7c
Jani
" " "5,650
14%
Jan
5,800
3c
Jun
10c
Jan
2,000
41c
Jan
95c
Apr.
65c*"
26
•
Feb
1.19
19
.
850
.v
30
17
;
.: 23% Jan/:
;
-
2%c. Jun
.
July
1.57 Jan
Jun
July
:2.85 May
..
.5,100
July
6.50
5c
Jan
Apr)
83c' "8,120 - 65c May
1.45 Jan.
3%c - — 2,000
3%c Feb :5»/ac Mayv
43c3,550 ,„.30cl.Jun
.r.
64c
Jan-
40c
8c
8c"
1,000
1,350
141/*
14%
38c
39c
i
2.20
2.25
:
6.65
6.65;
1,600
207
4%c,4%c"
1,000
.
6.65
4%c
.6c
1,500
;
6c
...
6Vic
14
14
14 V4
1.08
;
1.08
»
__
60c-
vlOVa
■»
34c
_
Jan
*
5.80 Mar
3c
FebApr
126
;
Jan/
Jan
15
48c
.
2.00 Jun
9,500
„
"
-
Feb(
V—2.45 Jan
6.75 July
.
July
'5%c Jan
12c
Jan
'
-5%cMar
13
255
64c
3,200
1.13f
3,300
61c
59c
27%
28 7a
62c
28
53c
„
•
*
Jun
15% Mar
1 -;86c
Jun'-.
95c
May
55c
4,200
12c
1172c
27%"
27%
'
Jan
1.20 Jan
May
' ^
420
27
1.08 Jan
3172 Jan
Jan
Jun*-
315
,,,
28 7a
21V*
Jun
8c
Jun
Gold
Jun
May
7,690
4.75
Magnet
1,100
2,000
,
.
preferred
Gold"
Feb
29
45c
16C
15o
15,700/
16c
13c ;
6c
Manitoba
Feb
&
6c
Massey-Harns
•
102
6.40
Jan
11c
747ac
July
;
35
19
•■__>
19
70
56c
1,700
40c
2,100v
20c
20c
McKenzie
Mar
500
1,200
5,242
20c
1,000
9172
30
19c
__
9172
__
2.50
2.45
2.52
2Vac
__
272C
9
1
34c
Jan
1-20 Jan
Jan
Jun
Jun
Jun
Jun
2.40
Jan
16c
/
"
'
10
772 Jan
3.10 Apr
30c Jan
95
APr
Jun
>
9172 July
.•
common
•__*
24
12
____5
—
62 7a
____1
48c
25
J,.
24
.
.
-
8
-
3c
230
150
12
15%
23•
-
-
2.69 Apr
4%c May
•
May
HV4 Jan
Jun
Jun
6c
Feb
22% Jan
570
27% Feb
-
15% Jan
July
Jun
5072
:.
'
July
10%
1,689
62%*.:.....
Jan
274cJuly
7,000
16%* .:
11%
2.02
1,500
3c
16%
24:
'
■ -
4,700
.
9
3c
__
>
Red
Gold
McMarmac
Apr
Jaii
v ' 63
Lake
Red
47c
1
1
'
__
53c
4c
5%c
14c
-
1
Lake
14c
4c
4,000-"
..
.
July
53c
Jun
July
-8c
May
30c
12,500
-.
..,-5,590
12c Apr
21%c Jan
Apr
1
Mercury MUls
MidrContinent Oil
Jan
&
56c
Jan
Milton
Feb
Mining
Cprp
16c
9c
Jan
6%
330
67s
4c
472c
14,000
3%c
1674
1674
1674
70
100
.1.00*
9.75
Iff
674
.
16
Jun
Jun
„.
July
7% Jan
7%c Mar
17% Feo
1.55 Jan.
*12
Jan
> "
Apr
Jun
*
47ac
*
Grain
Brick
19% c
674
•
Pacific
Jun
•
•
v
Jun
.
T
3.15
12 %c
Jun
Moneta
\
Jan
Jun,
20
9y4 Jun
July
Corp
,
r-
45c
May
'
,35c
Jun
16c
Jun
%.
common
*
>
'
1
C-*
1
•
vi*
_.
;20"207a*
•
9%c. I
8.25
4
187/a
.-200-
Jun
5% Feb
July
Jun
Jun
60c
Jan
2372 Jan
>•
\
t
68
:25% '
:•/.
390
420"---1,100-t37c
42c
..
69
i___l_^_25
——1
"
C_
651
4
4
*:
625-- •* 95c' July
—
.
64%
Apr
73 Vi Jan
Jun
25%: 25%%-~.-.~6Q...-25%
69
9%c
10U-
160
—
-
2,400
,
3,129
-
-
•
v
8c-Mar
2lV* ^
.
•
Apr-
80c
..
10..*,
,
'
•
Mosher Long Lac_^
Jan
40
i__l
:
—
1
;
:
„
Porcupine.__a—
;
May
10,
♦
U
Feb
Moore
K '
l__
Montreal Locomotive*
■
9%c Feb
34
;
-__4——a.—_i
Modern Tool Works
Mylamaque Mines
Jau
65c
Jan
25c
Jan
7c
1
—
Drug preferred
National Grocers
^
.
672
2.90
„.
8
6
200
672
___*
:
Porcupine
Jun;
-17%
>
800
15c
77c
4,150
2.86
2.88
20
Jun I
3c
50....
iQ% .'iiy<
12,500
,
Jan
3y2c Mar
4%o Jun
6,500
20c
97a
1
Preferred
9c
1.55
1,500
-
4y8Q
Jun
1.05
__
2.58 Apr
74c
Jan
1372C Jan
May
5c
17c
^
«
Mclntyre
15%
July
May
c ••
3,300"
1.75
21c
Jan
July
Jan
45c
18c
16c
.
Jun
7,100
8,00j
8%
common
McColl-Frontenac
5c
5,000
1.90
42c
'6c
1.00
„
100
:
Fields
Martin-McNeely
29o
.
3,100
.
Jan
Jun
6c
17c
1
Eastern
14c
3,000
4,000
..
8c
Jan
2c
40c
2.20
1072c
39c
1.05
1
Corp
Malprttc
8c
v,
4,400.
...
2.15
__
*
Consol
Jan
Jan
53c
2,000
5,700
1
Mines..
class A
2,500
17c
13c
'
__
*
100
Jan
13
12c
16c
11c
__
1
Export
v197? July
9872
9c
:
40.C
55c
—
Jan
..4Vic Jun
Feb
110% May
;
7? Mar
99 7a
39c
u
Jun
54c
•
77c"
2.20
*
27c
Jun
17
" 4c
__
I
Macisen Red Lake Gold Mines..—
National
Lead Mines—.,
Gunnar
16
20
35
'
A
July
5c
;
3%c
14%
__1
River
Preferred
Paper - common.i
preferred
Jan f:
Jan
1067a Mar
30
2%c ;3%c
,4c
A
Grtaf Lakes
Guayana
;4yac
,
Jau •/
260
3.55
38c
26c
5,500
2.20
17%
Jun
100
;5c ;5 %o
^
& Co
Jan
'
3Vic Apr!,-
15%cMar
<
1L" 1.195
;
1
2.90
July
108 V*
"
Goldora
IVic July
;
1
Mines
11c
6.35
,9c
III
:
1,70
Poroupine-
1,500
*
"
••
Lake
McLellan
Manitou
A
A__^
Mines
Red
26
14
:
5.90
6.35
k
Grafton
Class
16
5
100
__
8c
3%c
I27ac
MacDonald
" Jan
7c
Jun
100%
131
14
14
-!——v,
3%c May
1.37
.
-
•
Midland
■
52c
19%
*3.80
'
l
Macfie
Jan
2 7a
May
1.75
10
'
19%
100
Gold—
Mines
Goidhawk
Gulf
7%
May
898
108% 108%
*
;
-13
1.32
;
^_1
Goldfields
Macneoa-Cockshutt
23
s
l
5
2,500
-100
»
t
Jun
Jun
19%
*
3%c
Gold
MacMillan
98% July
3,600
41c
——;
Goldcrest Goldt—
Golden
Arrow
u
■
4.50
Jun
11c
103%
Giant Yellowknife Gold Mines.
—1
Gillies Lake
;'i„_
—t
Glenora Gold
——III";
1
Globe
Feb
30
4%c
80%c
Yellowknife
Jan
1.35
2.15
-100
—
Jan
7
11,000
•
Jan
200
1.90
:I__— :iioo
common
25%
101%
V
22c
•
j. 4,500
16%
^
•
class
Maple Leaf Milling
—
Mfg
'
Jan
36
6c ;
V
37
5,000
16%
-100
Feb
54c
16,500
;
2c
29
3.80
•.
3
iUiJi:
—
16
1.45
8%c
—...
Preferred
r
Jun
4 72c
2.15
I
I.III
29
452
46,100
8 *
2c
1.37
lr-
;
Jun
22%
22%
common
Jan
9
Jun
8V2CIOV4CK
19%
_1
-
—
July
4c
4%c
10C
preferred
5%%
preferred
General
I*
3.10
2,280
1.45
5%
•
3.40
31
ExDloratlon
Gatineau
7%c
Jan
18 %C
Gold
Frobisher
July
Jan
69c
1
99% Mar
2,175
25%c
64c
♦
B
37c
—
A
Jan
25 V2
t
21% July
25
6c 10Vic
__
l
—
Groceterias
Class
36C
30 %c
1
24 Vic
16%."
.1
—
Long Lac
Loblaw
Apr
3.45
Mailman
Motor
Jan
14%
Jan
17
.100
Manufacturing
7%
"
30
;
Secord
472 July
common
Ford
Apr ;
,19%
.
Jun
60
c
31%
31%
-8V2C
.
Gold
Leitch Gold
13V2 July
1474
Fleet
22%
4%c
Leduc-West
Jan
210
3.50
III
Jan
Jan
29%
May
7% July
30c
3,900
1
Lapaska Mines
^360
—1
„—
'
3c
.
74,375
1-
Cadillac
5 7a
__
Kirkland
10,600
24c
i
Class B
Grain
Preferred
Federal
35c
48c
Mines
15 72
Players
Federal
1
-
Mines
Macassa
Nickel
Jan
6c
Feb
24%
23c
1
—
Mining-—
34c
Falconbridge
16%
.
.
100
.
42c
*\
Rowan
4%
Corp
Famous
Apr
57
Jan
12c
'-I'
5c
2.19
-1
Fanny Farmer Candy Shops.
3oc
13% Mar
23%c
I
s
Wasa
15%
El Pen-Rey Mines
Eureka
;
Shore
18 Vic
Gold
'
Feb
115
43%c
1
La
Feb
17c
*
2.50
47a
-1
_.27Vb
,
100
-
i
Ltd—
Lake
Feb
25c
Jun
2.10
20
—.
5,358
.
.
295
„
22 %
8
/;
lr
Louvlcourt
Elder Mines
A_
,
«
3,000
May
65 %c
May
Jun
2.40
*
»
100% 100%
—'
•
Gold
Jan
12
Jun
5c
45,400
2.15
'
-1
Jan
32c", Feb-
Jun
31c
31%
Mining & Exploratioii_
Lake
277a July
;
15c
-
2.45
-1
Steel
Eddy Paper class
"
Laguerre
Little
Eastern
Lake
(John)
Lamaque
7%c
5%c
East Malartic Mlnes.
East Sullivan Mines-
2c
7%
32c
i-aorador
%
Jan
14 y4
Jun
8
2,371
17c
__—_1
.
1914 jan
12% Jan
ll%c Feb-
Jun
5Vic
Apr*
27 V*
„
Kirkland
Jan-
'
Oil
65c
Jun
38%
5c
—1
Lake
9%
>10
11%
—
Feb
-'lOT'acJulv
"15c
Jan
Jun
7%
5c
—
Gold
17
.
July
15c
•
Amphi
East
25 %
__
_1
Apr*
v-
Laura
East
25 %
•
1"
Golden
17%: 18 y4
18
—
4c
27u
14
*
29c
25'/a
Ltd_
Jdly
830
1,500
17%
137/8
•
Co
35c
59c
Duvay Gold Mines
17%
___i
28c
19
common
Mar
6,100"""
1
35c
'
I
July
7tf
*l
2,500
1
400
•
Mines
Jan
X3%c Jan "
43,000 * 7l3%c'July
29%
__
•
l.
—
3,000
l
____
Steel
Dominion Stores
Dularaa
29%
17%
•
common
Mines
7c
is y8
.25
Dominion Magnesium—'
L„
Dominion Steel & Coal: class B-
Dominion Textile
Dtmalda Mines :
Co
Mines
Keivinator
Jan
33c
Jun
24,150
9%
Jan
5c
-
Gold
Quebec
1.58
IlO
Dominion
29%
*
1
28c
■
'
31c
2%c
22 Vi
Consolidated
35c
—2
__
,
Aor
sc
5Sc
,
125"
15 Vi July
1,179
" 8.75 May
,
.
46
2%c
6%c
6c
*''■
..I'
L
Dominion Banic
Jan
.
'~8%c
,
Jun
50c
3,000
17c
■
30c"
45 %
2%c
•
1.58
—L-
——
14%c
46
_100
i
Kayrand Mining
Jan
150
7
*
1
L-
Ltd-^
16c
25c
Joliet
Jan
16c
21 ya
6c
18c
_—1
Discovery Yellowknife
6c
class A
Lake
Detta
'
Jun*
.
~ *6c
98,400'
16
1
Joburke
Jan
14c
Jun
21
7c
IIIi
:
52
45% Mar
150
8c
—
m
;
Delnlte Mines
10c
bjc '- Jan
>
May
"18c
—1.
iqc ; pPh '
Jun
2lc
1,000
"
•
9.90
J-M
Jan
2,600
•
.1
a..
Oils
1,500
53c
•
__l
A
B
Decalta
20c
—1
Petroleum
Leather
"
Feb
6
1
19c
48
—1
D'Aragon Mines
Davis
16
9.80
__1
International Petroleum-.
International Uranium
Jan
15%
*
Jun
52c
.100
^
*
July
.
6c
(
"'" 700
1
7c
-
5%c
6
Preferred
53c
—1
^
July
5c
35c
2,^00'-bt May
57c
7c
6c
Jacknife Gold
Patricia
jan
Jan
'
a.,.-,
Jan
12*
""SViCMay
1,500
.
„
10c 10%c
30V4c
'
25
—
& Co
International
Jan
Jun
76c
250
—
56%c
9.90
1
(John)
1527a
Jun
148% Mar
19c
Croinor
- " 6c
2,500 —
4,405,
8c
,
•
——1
Lake
Inglis
123
July
81
55
14
-
*
'#•
4
jJ? *
-24%c
*
Jan
5c
1,518
1.09
♦
____
..
7%c'
-
J
1
Malartic
47c
Jan
5%c Jun
40c
9,000
96
152
5c
"
;
•
_!
common
8c
23c
—.
-
1
-.
Inspiration Mining
94%
*
■
.100
_a_
,3C
-
Jun
10% July
7%
13,850
7,000
'
7c
151
4 —1
Exploration
4,000*
"
.
"—1,000
4V2C
-
16
5
Imperial Bank
__10
Imperial
Oil
*
Imperial Tobacco of Canada ordinary_5
Feb
38c
9 72C May
49,000
10%
Smelting..^ —_b
Imperial Mills..--
Maf
9%
Apr
1.00
55c
■
.1
Mines
International
Cosmos
23c
--
:—*
:
Hbwey Gold
Feb
July
1.01
•
a
-
*
—;—
Hudson Bay Mining <fc Smelting
4c
66c
—2
a.
Consolidated Mining &
Consumers Gas
•" 15c
Apr
Jan
35c
66c
-—
Dauch
Yellowknife
Indian
Mines—
-
—
.
Jan
30c
May
2,000
66c
,
J
3,000
35c
•
Consolidated Homestead Oil—
;
46c
4Vae
7c
--J.
—
1
1 —
—.—10V4c
—:
—
Hcilmger COnsoJ-
Jan
2.00
11
474C
III1
Bakeries
...274C
Hinde
5%c Jan
2.75 July
17C
4c
•
Consolidated Astoria
Jan
Jan
Jun
800
35c
*
:
Mines
Consolidated
^
7c
.
45c
*
—1
Hlghwood Sarcee
1.75 Mar
270
r
18%c
July
6,050
...
<s
Commonwealth
Coniaurum
.
1
Ltd
Commoil
2.6^
11%
—1
:
___.
—
1
1
—I
Highland-Bell
Feb
1.25
11,000
;
2.85
May
10c
340
1.50
-23 c
Willaus
Plow
I
17
4c July
l%c Apr
4 /5
,
,
6c
6c
6c
7c
'
—^——1
1—:
Highridge Mining
Jun
2.18
3,000
2.25
2.30
:
1.50
Cockshutt
,
^*-9,100
10
■
.
Jan
Chlmo Gold
Cochenour
-17Vac Mar
Mar
1
Malartic
10
.
2,800
.
lac 21%c
*
.
,
,
1
J—
4
Gold
Mascot JHeva Gold Mmes__—
*
.
"
"
;—.——1"„
,
Gold
Headway Red Lake
Heath
Jan
10
"48c
Chromium
Citralam
July
48c
.
I
Jun
2,000
f
2c
2C
*
2uc "
-
.
Jan
11
-50C
Research
250" *'.14'
High
Jun
July
27% July
Jun
8%
8,
....25
;
*
'
—
Hedley
Chateau-Gai
1
—i
L——
Gold^Minss^-*—-1
Harker Gold
Jan \
1.45 Jan
32c
Jun
27% July
125
9
1.65
May;
May
14c
,
6c
.
1.74 Apr
Hbsaga
20,200
40
27%. 27%
-20
-a,—
29c
Hard* Rock
1.50 Jan
Jun
56c
77c
- 4,000 "'
^
4c. 4.%c
,
Harding Carpets
1.40
Law
I
15-15%
:
Range Since January 1
High
8c *9 Vic
'
1
Swayze
HftHiweii Gold
28% May \
Jan
.
~L„
Alabastine—•——♦
&
Shares
17 y4 Jan
Jl.14 Jun
200
1.50
Lime
for Week
Low
—-1
—
Halcrow
140
^1,000
<
,
Lake
Gypsum
Fen
81c
,—__
Porcupine
Trust
Jan*
74c-
Patricia;Gold Mines...—.
Steel
12%
GWillim
Jan
160
1.15
1.50
Leduc
Chatco
26
27
—
Central
Chartered
79c
14%
14 y8"
1
Central
CCdtral
y
13
1.15
„
—:—■*-->-
Gold—*
Castle-Trethewey
Jun
2,000
12 %
5iv
Canadian Pacific Railway.*.———
Cariboo
55c
;66c
Sales
Range
of Prices
Par
High
Low
Week's
Last
Sale Price
1
Range Since January
High
66c
Oil Cos common—ir—
Canadian
Shares
Low
Canadian Malartic
Canadian
Friday
STOCKS—
for Week
of Prices
Sale Frlce
Par
JULY 29
FOR WEEK ENDED
Sales
Range
•
MARKETS
LISTED
CANADIAN
Isi
l
common
12
7c
V
IV2C
12%
National Hosiery class B—ia%
National
Petroleum
_—I
1
*.__25c
.
:135c
33e
574c
11%(—-II" 1751L:
11%
12
-
16%*
-
36c"
125
'
Jun
10
Mar
12
July
.
.
*
^
,
1-115— -15"% Mar
8,000
27c
Jun
•*
13° Juiy
12c .Jan
il% Feb
14
■
-
IT
47c
A
Way
Jftn
THE
Number 4825
170
Volume
COMMERCIAL
&
CANADIAN
RANGE
FINANCIAL
LISTED
FOR
WEEK
CHRONICLE
(433)
4J,
MARKETS
ENDED
JULY
22
; *
Friday
STOCKS—
Week's
Last
;
.Range
Sale Price
Par
Sewer Pipe class
Steel Car
National
National
,A-
—
Low
T
—
Friday
for Week
of Prices
<?';
"
Sales
STOCKS—
Shares
29
Low
25
27 y2
Jan
34
Mar
Siscoe
135
16%
Jun
23%
Jan
Slaaen
Gold
Neilson
2.32
Mines —————„
(Vi/ra) preferred
2.11
'
100
2.32
12,300
102% 102%
8c
Alger-;—;
New
8c
"
9c
1.95 May
10
100
13,000
T 2.63
Mar
6y8c
(
N)
Southam
Feb
South
Feb
15c
New
New
Jason
New
Marlon
New
Nor zone
.1
Bidlamaque
——
Calumet Mines
L.
Goldvue ———
T
New
1,500
3c
July
9c
1.16
1.25
16,700
84c
Jun
2.35
Jan
1.24
—1
Co common
21c
Co
21c
Merger
17,700
29
90
21c
600
21c
July
31c
Mar
62c
3,133
47c
May
75c
Standard
Feb
Chemical
Preferred
Standard
common
20
Jun
23c
Jan
3c
Jun
18c
Jan
20
25
17
Mar
20
5,000
10c
July
23c
Jan
»■
2,000
41c
July
54c
Jan
<
63/4
100
5
Jun
7
Feb
60,700
7c
May '
14c
Jan
Stedman
10 %c
13c
5%c
Mines
Nicholson
6c
2,000
4%c
66C
-
5%c July
11c
9c
Jun
26c
May
8c
V
Pratferred
••Steel
Jan
4c
81
81
81
10
79
July
83
Mar
*
10%
10%
10%
1,060
(7
Jan
11
July
2lVa
21%
22
100
65c
67c
2,500
15
15
60
—
—
__
Bros
of
___»
15
63c
t.
67c
,96c
Jan
Co
Canada
May
1.03
Apr
90c
500
Jun
1.15
Jan
58%
•
83%
82%
84
1
1.72
1.65
1.83
33,875
1
18%c
18%c
21c
1,500
Sullivan
Gold
Jun
1.90
Jan
1
Jan
1.72
Apr
{
•
2lc
20c
21c
1,500
Feb
i
26 %
26 %
7 Vac
July
20c
Jan
Taku
2y2c July
6c
Feb
Tamblyn Ltd
Taylor (Pearson)
15c
May
40c
Feb
11c
500
10c
19c
19 c
21c
23,000
19c
July
July
•
Jan
River
,vTech-Hughes
5c
4%c
9%
9%
9%
5%
';
:'5%.
5c
3%
9,000
545
Gold "Mines-
3.25
T3.20
3.30
10Vic
10%c
11c
Apr
tJuly
10
May
•
Torbrit Silver Mines—;
1.68
:; 7,i8o
1.42
Jun
1.95 Jan
Toronto
y •: 3,300
1.11
Feb
2.60
Towagmac
18c
22c
Jun
12c
15,500
500
;.
3%c *%cv
Apr
24c
3 c yJun \
,
1,000
"3c
•
'
Jan
6%c
Jun
124
121% July
5
5
5
385
sc
8c
9y2c
6,500
6c
..-.■7c
2,000
,_1
83c
65c
85c
147,400
_1
10c
9%c
10c
8,300
7c
Jun
5c
July
__
Osulake .Mines
111-
i.____
3ya
Jun
6c
jun
5c
45c
..■I
,
5c
5c
3,208
2.50
14,500
43%
43%
*0' v40
1.20
1.25
43%
Mines
Ltd
Union
6% Mar
20c
1.25
i
_—
9c
May
May
1.06
18c
9c
Jan
36%
96 c
1.40
United
•
1,000
4c
Apr
"8c
Jun
24 %c
B
preferred
2%c
500
4c
1,000
33c
33c i
60c
64c
Piccadilly Porcupine
8 V2 c
8 J/2 c
1.95
3.20
3.20
3.20
Mines"
Gold
32c
•
Powell Rouyn Gold v t c
Hill—_._
1
30 %c
.
21,100
5,400
y,;
37%
38
Waite
Jun
42 %c
Jan
55c
Jun
89c
Jan
7c
.
1
25c
Jun
30c
40c
3,400
11 Vi
12
7,488
8% ,Jan
10c
10c
1,200
8%c May
50%
50%
19
2.34
Jun
3.00 Mar
■
3.65
Jan
Weston
y
(George)
1.85
Jan
30c
Jun
44c
Jan
33%
Jun
42%
57c
240
Jun
90c
t
6,400
2.94
1.2? Jun
8%c July
Jan
!
7
30c
500
25c
Jun
50c
1.37
5,150
4.50
4.60
1,496
4 00
Jun
6.40 iJan
•
7c
7c
1.000
6c
Jun
9V2C Mar
;
20c
20c
1,000
20c
July
26c
Jan
\
15%
Feb
1
1,320
5%
•(;• 375
;
;;"
17c
Jan
Jun
7%
1.10 May
1.82
Jan
27c
11,700
17c
Jun
67c
-Jan
Ymir
Yankee
58c
4,000
46c
Jun
Jan
York
Knitting
45c
45c
y 500
40c
May
62c
1
T
L..
•
6.50 May
9.15
" 8.70
9.20
7,845
28 %
27%
8c
28%
4,480
23%
Jun
8c
1,000
7c
Jun
24
24%
__
i
••••.'1
■
•-'■
22
95
35
9c 10%c
—
38,200
Apr
21
125
22
95
•
100
••'
22
135
,
Mar
28% July
13y2c Jan
90%
25
i
May
25
•
Apr
!
100%
Jan
!
37c
A
Jun
Jan
t
;
*.:*
_1
9c
.
5%c
6c
33%
34%
1.570
5c
.
5c
30,000
"
.May
July
11c
Jan
5c
2,000
5c
7c
May
17
6c
May
11 Vic
Jan
Jan
Jan
12%
Electric
Jan
5,440
1.30 May
1.73
6% May
9%
Jan
•
34
„
27
Feb
97
May
100
98
98
98
25
♦
2.25
".2.20
2.25
450
1
42c
32c
43c
55,800
18c
1
91c
80c
92c
74,120
*
4c
4c
4 Vic
3,000
6%
6%
37%
Apr
100
July
Apr
50
common
Preferred
Jan
Jun
9%
-
14%
15
4,390
11
T 1.05
1.10
6,300
70c
2.25
-
II:
A
4c
28%
III
.
:
12.26
-
4c
28%
•
600
Wright-Hargreaves
Yellorex
Mines
Yellowknife
1.04
Bear
Mines
Girl
class
A
,
*
♦
2.00 May
2.52
Apr
;
Jan
48c
May
'
61c
Jun
92c
July
;
4c
July
6c
Feb
[
7%
Jun
6%
50
Feb
.
.
1
Jun
3.75
Feb
3c
May
8c
July
30%
Feb
9c
Mar
Toronto Stock
Jan
28 %
75
V
1.18 May
Apr
1.45
-
1,000
11c 12 %c
.
Co__
6,300
24c
-10
__
Roybar Chibougamau
Rupununi Mines.
Russell Industries common
■
"
23 %c
24c
;25%
25%
Exchange-Curb Section
Canadian
18%c May
6.40
6.60
—1.1
18 %C
—1
5c
4c
»•
16%
16%
24%
5.85
4,500
9c
17,500«
Jun
5%c
•
135,«
16%
14%
'
St Lawrence
Corp common
1st preferred
5%.
„1
18%
.49
Asbestos
18%
Jun
Brown
Jan
Co
5%
yy:'^25
4V2
18%
100
17%
Jun
22
-9%
Jun
-14
Jun '
9%
1
—
—
Canada and Dominion Sugar
Jan
Jan
'
preferred
-
__1
-1
41%
Senator. Rouyn
Ltd—
165
37
Jun
43
1,311
7%c
37 %c
35c
4.50 Feb
Jun
23%
24%
12
/ 1.17
50C
—_I—_III .—1
2.15
i
1.95
7c
Mar
17,700
38c
23%
_
3.50
35,200
11c
8c
com-
Winnipeg Brewing class. A-.
Sheep Creek Gold
Vickers
.Canadian
Western
20c
Jun
.;;
-12.%
,
400
139,767
1.01
f
Jun
2.59
common
17
17 Vb
16%
16%
,.,-17
-
16%
_
_
—
'
V-
Miller Mines
RUverwood Dairies class A—
Silverwood 'Western Dairies
:
.
14
v
18% May
Feb
18
31c
Jun
65c
66
:
*
11% .Apr
May
Apr
—*
pfd__. TOO
86
32c
9,300
86
,
Jun
48 Vic Mar
114
Jan
2%
525
2
55
"4
103
Jan
73
■
20%
20'%
20%.
1.55
3%
3%
54
•14%
—
15%
29c
35%
19
19%
"250
400
'.
1.15
60
225
•
"
'
Feb
Jun
July
Jun
3% May
3,100
49
Jun
13%
45
i,1-445
Jun
Jan
2,000
1,700
2.35
July
43%
Jun
58
13%
Jun
Jun
22%. iJan
895
20
f-.f 55
20
22%
22%
22%"
1
365
20% Mar
Selections
3%c
'3%c
3%c
5,500
3%c July
Oreille
4.85
-4.85
5.65
•
—-
;■ 135
'
12%
July
3.65
Jan
;
600"
'•15
8%
86
Apr
July
-9%
95
Jan
Feb
Pend
——
Southmount ' Investment
Ltd class. A.
24%
;24%
;
22%
TOO
page
24.
j
22
Jan
26 %
Jan
i
Jan
|
•5c
'
OlgSjr B
see
.
Jan
42c
42c"
42c
3,710
A
—
3.35 May
6.70
Jan
54
40c
Mar
45c
May
1,600
2,600
25c
July
35c
May
6c
Jun
8c
Apr
*
Preferred
-
15% July
13
PaperY
Apr
;
Apr
20
& Ontario
Niagara Wire Weaving—_
18%
45c
12%
/Minnesota
—_—.
Apr
July
37 V*
15
Utilities
4
54
Jun
53
'
-i
Jan
May
Jan
2.51
__
2.00
26c
15
52%
,
Jan
22
85
31%
'
2.35
—
*
Feb
22% Jan
185
5,000
29c
35
35
May;.
70%. Jun
190
,
71
_•
OH
International
?011
Jun
1.50
————
15,. May
,
Jan
75
68%
71
._-
Bridge
■Ogilvie Flour common
35c,
■k
15% Mar
.15%
*•'
8%
35c
1
.60
14
'
8%
"
475
8,100
34c
"
:'r
40c
y:
—5
..
38c
1
—_
:;Bilver
Lumber-
International Paper common.
Jan
<26
40
51%
Foothills
1.60 Jan
v
1.25 Jun
J
.Voting trust certificates
Silanco Mining- ■
Silknit Ltd "common
—
12%. May
11% Mar
'
1.20
2.22
Jun
76
20%
•
<
Dalhousie Oil
21
53
common—
Consolidated Paper
Jan
Apr
"Dominion
95
.
49c
High
30
73
May
25
-
22% Jun
390
.
17c
Low
23
2
2Va
IIIIIl
Apr
4.30
.Canadian
"
100
Canadian Westinghouse
Shea's
I Sherrltt Gordon
41%
..1
-
Water & Power
common
Canadian Marconi
Jan
__1
.
_
Canadian Industries
Jan
86
39%
.
-
71% July
;
72%
-1
135
:
600
71%
72%
-
11
4.15
1st preferred— .99
Bannorm Mines
11
•
Range Since January 1
High
78
_—
common
Shares
23
Preferred
t'kli
for Week
Low
British Columbia Pulp & Paper com__*
Jan
10c
Corp
Sales
Range
Par
;;
26 %c May
Week's
of Prices
Sale Price
A
7.10 May
Feb
3c
Apr
Funds
1
Last
STOCKS'—
Mar
'..26
Feb
■
19c
50c
Jun
4,091;
■?
;
23 %c July
525
6.45
"
8,800
25%
v
•
'
i
For footnotes
■
Jan
Jan
22c
'.i"
2.26
—1
•'
Simpson's
.,
•
class
s. Brewerles
5
\
•' 4 •'
Jan
16%
12% Jun
1.07
-Royal Bank
Royalite Oil
S1«
July
•
'
;
Friday
,
\
Feb
19
; 1.30
__
1
1.57
—1
St Lawrence
Paper
2nd
preferred s
San Antonio
Gold
52
1.36
1
1.53
1,000
;
14%
„_
Shav/inigan
Mar
4.C5
Wingait Gold
805
26c
Roche Long Lac
•
Jun
17
' 6
Winchester Larder
Jan
6,150
:v
11%
\
Reeves MacDonald
2nd
- -
8Vic
*
common—.
11
7
Mming
Quesabe Mines Ltd
'•
1.77
——!
_______
185
Queenston Gold
Oils
1,000
■
Preferred
68c
Quebec Manitou
Roxana
47
15
•
•
& W)-_.
common
•>* 'l
■y
Quemont
14c
T
6
1
T Western Grocers
15%c Mar
Apr
1.71
(G
Wekusko Consol
•
14%
Quebec Gold
Regcourt
Riverside Silk
90c
•
(Hiram)
68c
1.57
_
!
47c
Feb
1
Amulet
Walker
-13%
common..... ____10
Quebec Labrador
f
Jan
May
6
.^_i___l
68c
.
July
29c
55c
__
1
57c
Mills
12
i
6,000
24,900
_•
:
—
30c
Flour
|
4 65c '
May
Apr
May
•'.<
;
.36c
8V4c
Oils
Winnipeg
Preston East Dome
.1
59c €4 Vic
19
•
Mines
Vulcan
-
Jan
Apr
500
.
32c
-38
Pressed Metals
Purity
•'?
Feb
34c
—
•
14%
.
Mar
!
Oils
.-10%
Corp
-
10c
"
25
Wlltsey-Coghlan
—,
103
•
61c
.
:
'
Jun
Jan
5c
3c
30c
3,200
2.64
Gold
8c
2%c July
•
3,650
,
9%c
2.04
Power
"7c
10c
•
50
preferred
Keno
Vicour
Apr
Pickle
Pioneer Gold
Reef
15
500
"6c
Jan
9c
62c
River
8c
12
_•
1
Canada Mines
Upper
Apr
24,700
••33 c
Gold
Powell
;
Jun
30c
>
J,
■J United Steel
45% May
.
May
4c
_
.
A
166
34c
-
^—
t Ventures Ltd
12,425
2%c
_.
1.35 May
156 % Mar
TOO
July
10
Jan
17c
_
Paymaster Consol
Porcupine
100,
*
,
■".
Jan
3.05
V
Feb
4%c
Mines^
Crow
.100
1
Mining
Class
-
Perron
165
—
Resources
United Fuel class A
Jan
14 %c
16c
—
69c
;
Jun
4%c
Oil
Parbec Malartic
Jun
'
Pandora Cadillac
Paramaque
May
May
Feb
May
2.02
'
Western
50c
69c
22.400
t 165
:_50
-_—___l
Petroleums
Union Gas
'
"2.40'
2.45
Tubes.
Exploration-
Transvision-Television
Jan
July
"
Pan
60c
1;06
f
■
-4•
Jan
f
22c
'
T
—_b.
Porcupine
JL
100
1_—
Mortgage
Transcontinental
•United
(Eastern)
Pamour
60c
"90c
8%c Jan
•
Tower
>
1
-_1
Mines.
Hershey
Jan
Apr
3.30 Apr
July
6c
•
123% 123%
Petroieum
2.54
3,765
9,100
5,000 "
'
5%
.
1.48
*
Paciiic
'
•■
__
1.03
1
—
Toronto General Trusts
1.60
___;
Pacific"
28 V4 May
Jun
5% July
Jun
1.33
22c
Lake
Lake
36c
Jun
4%
~
Gold
Red
Osisko
Jan
26%
170
"
5%
1.65
Omnitrans Exploration
Orlac
,
18c
50
4%
1
1.35
—
Crush
; 4%
Thompson-Lundmark Gold Mines
•
! Toburn Gold
____^_i
7%
Feb
6
■'
300
,
;
common——„
*
•
Orange
i
1.27
1.27
10,425
Malartic
Orenada
'
July
1,700
"117,500
J—b—L
Loan
21c
4,200
2.44
Omega. Gold i——JL
Ontario
Mar
1.60
9%c
Gold Mines—.
O'Leary
1.83
1.60
2.35
-'■v
.—
16c
85
Jun
1.55
Jun
•
O'Brien
Mar
1.26
1.55
4u>/2
North. Star Oil common
Okalia- Oils
J
78
1.6O
-
t
Preferred
July
Apr
July
15
,
1.55
3,1-85
-
Northland Mines
T
Feb
l
56 %
11c
1
Feb
Apr
1
55
___
—,
common
Cons Mines
"7%c
'2.44"
—
22
80c
Sylvanite Gold Mines
,
56%
Normetal Mining
Northern Extension
Jun
Jun
13%
65
Steep Rock Iron Mines—
•8%c
Malartic
Inca
47c
34,300
18%
50c
Jan
12,000
12,500
5 y2C
96c
Mines
Noianda
Norbenite
North
io %c ny2c
Mines
Nipising
July
100
Btarratt Ol6en, Gold
5%c
39 % May
•
5c
8,000
ioy2C
July
Feb
45c
Sturgeon River Gold
—-
Jan
50c
Feb
26
6%
—
5,000
1
—
Yellowknife
24c
High
; 44c
,
41c
—
Paving common—..
8%c
1
ThurDois
New
Nib
18%c .Jun
12%cl4,/4c
__
45c
4%c
1
—•
46c
29
14V4c
4c
Oils—
44c
—
;
.♦
,8c
12c
3,175
—20
—
8C
*
25c
Mines
4%c
—
—
;
23c
45 %c
Jan
58c
Gold
Rouyn
New
3%c
.—.—
Pacalta
New
3%c
1
Range Since January 1
Low
25c
1
-
Brazeau
Stadacona
New
Shares
High
Apr
104
Jun
for Week
Low
1
Malartic
Slater
Negus
Range
of Prices
Sale Trice
JPar
i8%
is y4
Sales
'
'
High '•
29
.
Last
>
Range Since January 1
High
Week's
•
84%
25
190,
-22
22%
1,175
94%
94%
30
.
Jan
Jun
30..
21%
Jun *
26%
Jan
Southwest
93
Jun
99%
Jan
Temiskaming Mining
24 V4
Petroleum
25c
26c
7c
7j/2C
(
42
THE
(434)
COMMERCIAL
&
CHRONICLE
FINANCIAL
Monday, August 1, 1949
OVER-THE-COUNTER SECURITIES
Quotation for Friday, July 29
Obligations Of Government Agencies
Investing Gompanies
Mutual Funds—
Put
Aeronautical Securities
Bid
1
*
4.60
Automobile
3.93
Federal
2.98
3.29
3.35
3.70
3.61
3.96
8%
Home Furnishings
6.59
7.12
Non-Ferrous Metals
13.45
14.62
Industries
General
5%
Petroleum
lVe
2%
Steel
3.45
3.03
3.34
3.26
1
lc
3.26
3.98
93.89
Manhattan Bond Fund Inc_10c
20.68
Mass
7.74
7.75
5
1
14.67
15.86
Mass
Bullock Fund Ltd
16.09
17.63
Mutual Invest Fund Inc
Century Shares Trust
1
31.73
34.12
Chemical
Investors
138
2nd
Inc.l
10.94
11.83
1
Fund
Investors
National
Security
13.30
14.53
12.98
13.93
1
Corp
8.12
8.78
5.32
5.78
13.90
1.36
1.50
1
3.93
24.43
26.12
Speculative Series
1
2.64
1
X4.27
Series—
series
Bond
Low
1
Priced Bond
Stock
Preferred
7.10
5.72
6.25
1
Series
6.50
1
Series
Series
Income
Baton & Howard—
X5.97
16.20
17.32
Stock Series
1
3.59
-3.78
Industrial Stock Series.
1
5.17
24.69
3.17
Treasury Notes—
tApril l, 1950—
1.70
1.87
10
First Mutual Trust Fund
1
Franklin Custodian Funds Inc—
24%-
First Boston Corp
4-91
Building supply-
.4.83
Chemical
Bid
9-
,9-
1-49
1-
Ask
Bid
Ask
4-
1-49
1-
3-50
bl.30
1.20%
1.50%
7-
1-49
1-
3-50
bl.30
*1.20%
bl.40 y 1.25%
bl.40i
1.25%
3-49
bl.25
1.15%
1.55%
5-
2-49
2-
1-50
11-
1-49
bl.30
1.15%
1.55%
6-1-49
3-
1-50
11-
1-49
bl.30
1.15%
1.55%
7-
1-49
4-
3-50
10.81
1.55%
3-
1-49
12-
1-49
bl.30. -1.15%
1.35%
hB-
1-49
8.12
1.50%
5-
2-49
12-
1-49
bl.30
1.15%
3.93
10.30
6.76
7.41
Insurance
10.93
11.98
1 ;*
1
9.09
9.96
9.81
10.75
1
7.63.
stock
1
6.92
Pacific Coast Invest Fund—1
9.31
Public
7.26
7.96
Railroad
5.04
5.53
Railroad
lc
lc
7.18
7.87
4.96
5.45
lc
lc
7.05
2.54
Petroleum
shares
lc
3.29
3.62
Putnam
shares
lc
3.67
4.04
Republic
lc
4.15
4.56
Russell
lc
4.35
4.78
Scudder, Stevens & Clark
lc
5.37
5.89
United States
,!r
•
(Geo)
Fund
Investors
Insurance Group shares
47.90
19.21
20.77
lc
1
of Boston—1
Investors Management Fund
1
1.07
97c
12.11
1*
10.56
^19%
5.89
83c
93c
45.25
48.25
Trusteed
Union
Industry Shares
25c
Bond Fund series
1
A
Series B
1
Series C
X8.52
62c
9.29
69c
20.57
17.33
7.76
1
1
6.57
28.21
1
8.71
18.44
17.98
1
15.18
24.37
23.34
8.86
16.57
n
9.67
X14.43
15.75
18.84
13.24
14.45
Stks)_l
10.00
com
0.90%
Oct.
6,
bl.03
0.90%
Oct.
13,
bl.03
0.93%
Oct. .20,
bl.03
0.93%
Oct.
bl.03
Par
New
of the
Bank
of
&
9.51
18.36
15.42
16.58
1
3.34
3.63
Type Trusts—
Diversified
Series
Trustee
New
York
/
Fifth Avenue
Bankers
Shares—
^
4.38
Chase
North
Mutual Fund—*
Second Fund—10
92.63
94.52
45.13
46.05
Amer Trust
Series
116
8 6 V2
89 y2
15
337/8
41%
44
46
Co
20
Trust
Federation
52
&
13 y4
29
266
lo
Par
Bid
79
-lo
—25
16
42 V'
Co
20
49
Co Inc
100
222
12%
-10
—
25
+
American Alliance
10
American Automobile
4
Par
Home
58
Insur Co of North America
10.
59
61
Jersey insurance of N Y
20
60,,
y.
22%
23%
43%.
American Casualty
——5
American Equitable Assur
5
11%
American Fidelity Ac
American of Newark
13
197/8
.
.
Maryland Casualty common
$2.10 Prior preferred
46%
Massachusetts
21%
Merchant Fire
Bonding.
American Surety
National
31%
56%
57%
44
Boston
Shippers
—25
10
.
Camden
Fire.
Conecticut
General
B
Life
Continental Casualty
Crum 8c Forster Inc
10
lo
10
25
87
62
20
98
52%
33
15%
48
51
21%
23
28%
12
7
8
5
21%
102
53%
33%
35
42%
14y8
Pacific
25
26%
5
X96
10
_.
-12%
48
66
63
.20
52%
%<
San Francisco
7y8
42%
40%
7'/a
.•
630
Recent
Bonds—
Security Issues
"*P»f
Bid
Ask
Bell Telephone of Pa 3s
1974
Delaware Pow & Ltg 27/fes__1979
104
104%
Caterpillar Tractor $4.50 pfd 100
100%
101%
102%
103 *
Cen Ariz
Duke
.1979
103%
103%
Central Hudson Gas & Elec—
1979
Bid
Stocks—-
Ask
Power
2%s
Pow
&
Lt
27%s
102%
103 V*
Kentucky & W Va Pow 3s_1979
102
Louisiana
103%
104%
Lt & Pwr $2.50
pfd-50
51
50%
.
104%
103
102%
4.75%
Conn
N
Pow
&
Lt 3%s__1978
104 y4
*'
Y
Lt
Elec
3s
1978
104%
104 y4
&
Pow
State-Elec
4%%, pfd
New
Narragansett
preferred
—100
$2.20 pfd——*
&
Gas—
(series
1949)
Okla Gas & El 5V*%
Pacific Gas~& Elec—
5%
red
1st
pfd
New
109
114
North States Pow
54
15 %
84
100
106%
105-
100
108%
110,
25. X28VS*
pfd
.
23%
87
pfd—100
104
105,
57
13%
* A
"
Potomac Edison 4.70%
101
*54%
54%
105
England Power 3s
1978
104
105
Pub
25
Indemnity Co
Peerless
Casualty Co__
Bank.
90 V
7
Fire
Pacific
,
16%
-2.50
Northern
J
55
35
National
Bank of Amer N T * S A—12%
45
5
—
;
34%
40 y8
35%
33
.12.50
Northeastern
295-
32%
Trust-
United States Natl Bank
85,:
y
600
Michigan Cons Gas 37/8s___1967
New York Fire.
North River
&
Portland
27%
51%
-10
91
64%
25%
—2
Casualty
82
,
29%
lo
Hampshire Fire
275
First
;
417%
82
49%*-
14%
27%
Casualty (Detroit )_10
New Amsterdam
34%
32%
Ask
-26%
4
National Union Fire
42
of
31%
5..
National Fire
Bank
290
7/a
51%
38 y8
Kansas
19%
29%
New
8c
5
45%
32
108
14%
18%
lo
25
10
Automobile
lo
104
_5..
Assurance
2%
American Re-Insurance
1.
$1.05 Convertible preferred
12%
Merchants 8c Mfrs
Casualty-5
Bid
29%
26
*
228
,
York Trust
25
Public Nat'l Bank 8s Trustwl7%
63
b
;
\30
100
Bank
44
397/8
.
New
United States Trust
83
>
,24
16
First National
30:
Title Guarantee & Trust
Ask
56
20
Bank
100
1,305
Sterling National
-10
515
.10
Peopled
275
157/8
Insurance Gompanies
495
Farmers Deposit Natl Bank
31
1,220:
.100 Xl,265
Trust
315
100
Co
182
295
Pittsburgh
14 y2
%
—100 1,160
27
&
77
175
100
Detroit.
93 -
—100
Manufacturers
Trust
74'%
100
341/2
90
Irving Trust
Kings County Trust.
Lawyers Trust
2.09
Trust__33%
Savings
Mellon Natl Bank & Trust
32%
10
Trust
Bank
&
Bank
&
City Bank
National
16
10
Bank
National
Ask
187
Detroit
50
;
Bid
177
ioy2
54
;
Co
(White Plains, N Y)
Empire Trust
100
Illinois
Bank
National
National
9%
National City Bank
Surety-
0.95%
•
Trust
Central
Trust—■*
&
Industrial Bank of Commerce.lo
v.
8c
0.98%
Cleveland
Commercial National Bank &
2.41
1
bl.04
National
Northern
357/8
29%
7.55
Series 1956
0.97%
1949.
27,
Harris
10
Trust
2.13
3.34
First
121
6.51
Shares—
1
bl.03
National
&
Guaranty Trust
1955
bl.03
1949—
Continental
'
Aetna Insurance
0.95%
1949
City Natl Bank & Trust
41%
Bank.
Bank
Morgan (J P)
,
bl.03
1949
Par
24%
320
39 %
100
National
,
305
10
1
Independence Trust Shares
4.66
0.95%
>
i-100
Trust
2.50
E
4.00
0.95%
bl.03
Ask
223/4
Central Hanover Bank & Trust 20
First
X4.25
bl.03
1949—
29,
1949.
Chicago
Manhattan Co_10
Fiduciary Trust
Unit
Bid
York
Bank
County
9.32
16.82
1
Wisconsin Investment Co
22,
Banks & Trust Gompanies
Stamped
1
Inc
Ask
0.93%
Corn Exchange Bank & Trust_20
1
Fund
1
Fund
bl.03
9.47
Whitehall
10.92
S-4 (Low Priced com Stks)„1
Aug. 18, 1949
Aug. 25, 1949
Sept. 1, 1949
Sept. 8, 1949
Sept. v15,
1949
Trust
Wall Street Investing Corp
Wellington Fund
28.02
Stocks)—1
Sept.
Continental Bank
20.55
25.68
0.85%
Chemical
5.71
Union Preferred Stock Fund
Union Common Stock Fund
United Income Fund Shares
26.99
bl.03
Brooklyn Trust
1
12.93
1
(Appreciation
10c
Corp.*
5.38
7.08
Bds)—1
Bonds)
Inc
Investment
9.76
18%
12.65
Bonds)
1
K-l (Income pfd Stocks)
1
K-2 (Appreciation pfd StksH
B-l (Quality common Stks)_l
Grade
(Speculative
Street
1
Television Fund Inc
25.42
23.38
Keystone Custodian Funds—
Bonds)
Investors
Invest Co
2%
8.18
xll.05
Sent.
47.90
Shareholders Trust Of Boston—l
8lc
0.85%
27.61
Selected
7.46
bl.03
2.25
25.68
Sovereign
Bid
Aug. 4, 1949..
Aug. 11, 1949
15.30
2.06
1
1.75
lc
14.23
1
Amer Shares
Ask
11.39
4.53
73c
Bid
15
1.61
lc
lc
Stock and Bond Group
Investment Co of America
com
10.39
(new asset value) _•
Fund Inc
State
Group shares
shares
Priced
7.82
4.19
Ltd—
Group
B-l (Investment
6.31
1
Fund
Berg Fund Inc
Standard
Investment Trust
5.76
5
Trading
4.76
1
&
7.33
4.34
7.14
Tobacco
11.11
6.69
1
equipment
10.14
1
5
Investors
Shares
16.22
_1
Utility
1
Income Foundation Fund
8.36
14.80
10c
Howe Plan Fund Inc
Bankers
Treasury Bills
7.73
2.30
-
-•
1.25 %
11.02
9.40
bl.40
1-50
5-
"
1.25%
10.58
10.06
bl.40
"•
11.34
8.99
8.87
Utility shares
AetnaLlfe
Doe
1.55%
1.10%
10-
6.26
6.31
shares
Agricultural
Dated
1.10%
bl.25.
•
1-49
7.28
7.74
shares
Attn* Casualty
Rate
bl.25
1-49
1-49
1-49
3.59
7.06
shares
Loomla Sayles
Loomls Sayles
Doe
1-48
6-
3-49
Diversified preferred stock—1-.
Electrical equipment
1
Metals
Railroad Bond shares
Knickerbocker
Dated
12-
2-
Diversified Investment Fund_l
7.36
Mining shares
S-3
1716
.1893
Federal Intermediate Credit Bank Debentures
Bate
4-
5.84
6.71
Merchandising shares
(Income
100.1384
100.1530
1.60%
9.65
4.64
Investing Company shares—lq
Low Priced shares
lc
S-2
.1013
1.50%
10.69
4.22
shares
Fully Administered shares—lc
General bond shares
lc
Industrial Machinery shares lc
Institutional bond shares—lc
B-4
.1273
1.55%
5.63
shares lo
lc
B-3 (Low
.
Machinery
Merchandising
Electrical Equipment
•B-2 (Medium
1 625
6.12
6.82
8.20
Aviation
'135s
100.1359
9.78
5.32
5.70
Bank
122?
100.1122
6.93
5.13
6-22
6.64
Institutional
.0500
100.0898
100.1020
1950
*1%S Apr. 1, 1950
fl%s June 1, 1950
tl%s July 1, 1950
6.32
Corporate bond seriesDiversified Industry.
lc
'-Incorporated
100.0332
100.0844
1950
9.86
.4.50
lc
Tobacco
Ask
Ask
(cont)—
1.
.7.41
„
Bank stock.
6.49
48.72
Chemical
Steel
Bid
Bid
indebt
of
tl%s Feb.
5.58
—
5.62
lo
lo
shares
14.78
8.92
Aviation
45.31
lo
shares
RR Equipment
Railroad stock
.2345
Indebtedness—
of
1.45%
Automobile
J*
^
shares
Petroleum
Maturity—
100.2079
*iy<8 Oct. 1, 1949
U%S Dec. 15, 1949
»%S Jan. 1, 1950
3.34
13.78
1
England Fund
Agriculture
14.18
Building shares—
Food
Price
Ask
Certificates
1%%
1.60%
5.74
4.48
12.94
2
Fundamental Trust shares A—2
General Capital Corp
1
General Investors Trust
1
Automobile
New
.
3.06
5.27
5.24
series
.
Bid
4.67
New York Stocks Inc—
Fundamental Investors Inc
Aviation
26%
4.74
Common stock series
Group Securities—
Agricultural shares
102.26
tl%s Mar. 1,
Certificates
3.46
Inc_l
Selected Group Series
1
Low Priced Com Stock Ser£es 1
stock
119%
Dollar
Int. Bate
Maturity—
5.65
5
22.84
Preferred
100.16
102.18
99.28
6.52
.20c
Stock Fund
Financial Industrial Fund
100.8
1955-1953.
100.7
99.20
2.89
Dividend Shares
Equity Fund Inc.
Fidelity Fund Inc
Ask
1953-1951.
4.30
._1
Delaware Fund
Fund
118%
Bid
100.3
U. S. Certificates of Indebtedness
7.55
1
National
-1961;
26.36
12.72
Investment
Commonwealth
Balanced
,
24.38
Fund
Balanced
,330
133
1°°
1
1
25c
Preferred
6.89
interest—1
Nation-Wide Securities—
14.13
13.06
1
Fund
Christiana Securities com—100 3 ,180
'
Panama Canal 3s
Trust—
beneficial
of
100.7
point
a
Bonds—
1950-1949.
1952-1950.
1,
l%s May 1,
1%S Jan. 1,
2%s Feb. 1,
Other Issues
3.82
19.13
Investors
l%s Oct.
4.39
3.46
90.13
Ctfs
1950
Federal Land Bank
Ask
100.4
3.60
lc
lc
shares
shares
•
1
Inc
Bowling Green Fund Inc
Broad Street Invest Corp
-
3.22
lc
10c
Boston Fund
Bid
100.2
100.5
1949
3.60
2.92
Banks—
Loan
Home
l%s Sept. 15,
l%s Jan. 20,
3.81
shares_lc
shares—lc
shares
Paper
5
Figures after decimal point represent one or more 82nds of
Ask
lc
shares
77s
1
Corp
Bond Inv Tr of America
Bid
Business Equipment shares-lc
Electrical Equipment shares-lc
3iy«
29%
Holding Corp
American Business Shares
Holdings
Par
Managed Funds—
5.05
3.59
1%
10
1
Associated Standard Oilstocks
Shares series A
2
Axe-Houghton Fund Inc—
1
Axe-Houghton Fund B
5
Beneficial Corp
1
Affiliated Fund Inc
Amerex
Blair
Mutual Funds—
Employees Group Assoc
Employers Reinsurance-
.10
Federal
.10
56%
60%
Preferred
Fidelity & Deposit of Md_.
-10
60%
64%
10
2
5%
6
10
29%
(Wise)
Ser
(Colorado)
4.40%—100
3s 1979
103%
104%
Pub Sexv of Okla
.1978
104%
105%
1983
102%
108
109
102%
104
106
107%
Rochester Gas & Elec—
103
pfd_100
4.65%
31
31%
58%
33%'
61%
5
Phoenix
10
Accident
5
Fire Asm of Phila
-10
59
62
Fireman's Fund of Frisco.
Piremen's of Newark
Providence-Washington
Reinsurance Corp (NY).
.10
82%
85%
Republic
-5
16%
General Reinsurance Corp..
-10
26%
28%
Seaboard
Glens
-5
48
50
27/8
3%
17%
„
85
47
50
-10
33%
-10
44%
33
35
100
685
710
32
33
Standard
-15
85
88
Great
American
-5
33
34%
Accident
Travelers
.10
.10
126%
130%
-10
37%
39%
31
33
102%
103%
100%
100%
Westchester
103%
Fidelity 8c Guaranty Co__2
53
55
U
Fire
58%
61%
73
20%
22
Westchester Fire
20
20%
20%
Staten Island Edison—
4.90%
a
Odd
Lighting
lot
in
change.
n
sale
year's
4
10
2
liquidating
issued,
•No
x
3s
to
dividend.
value,
100
preferred
105
(not Included in year's range). b
Big yield price, d Deferred delivery
eEx-interest,
f Flat price,
k Admitted to listing on N. Y.
trading
(Un)
Ex-dividend.
par
—1979
range),
Admitted
77
S
U S Guarantee
100
Elec—
104
included
U S
Hartford Steamboller
Public Serv of Indiana 3s__1979
Diego Gas &
4%% preferred
46 %
-10
10%
.15
Hanover Fire
Hartford Fire
San
35%
preferred
9%
$4.75 preferred series G
Pacific Gas & Elec 3s
88
-10
2nd
-5
3s
35
-12%
Surety
Security (New Haven)
Springfield Fire 8c Marine-
Globe 8s Republic
II
]
Globe 8s Rutgers Fire corn..
Power
Tenn Gas Transmission 3s__1963
(Texas)
St Paul Fire & Marine
Falls
33
Ohio
N.
Y.
Admitted
y-Ex-rights.
tin default,
z
Curb,
to
r
t These bonds
sales (not
Stock Ex¬
range). tE*Trading privileges, wd When delivered.
wiWnen
Cash
Unlisted
Ex-stock
106
sales
(not
included
in
year's
dividend.
are
subject to all Federal taxes.
Number 4825
170
Volume
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(435)
fHE COURSE OF BANK CLEARXNCS
clearings this week will show a decrease compared with a year ago.
p-eliininary figures compiled by us, based upon telegraphic advices from the chief
ities of the country, indicate that for the week ended Saturday, July 30, clearings
for all cities of the United States from which it i& possible to obtain weekly clear¬
ings will be 0.8% below those of the corresponding week last year.
Our preliminary
total stands at $12,910,673,960 against $13,009,027,866 for the san$& week in 1948. At
/
ic
cfnin fnr thp wpaIc pnHo/4
this center there is a gain for the week ended Friday of 0.8%& Our comparative
summary for the week follows:
Week Ended
1946
6
Bank
ibara
a
—
Third Federal Reserve
Bethlehem
3,060,261
1949
1048
Chicago,--*
567,723,638
837,000,000
8.71*000,000
Boston-
,
519,866,821
Philadelphia.
387,555,053
1,371
City.
Kansas
242,216,840
Pittsburgh
+3«fc90Q,000
292,314,000
Francisco
San
1,756
264,800,000
St. Louis—
307,538,000
293,495,159
,*H.4,343,473
Cleveland
271,529,254
*4321,156,908
Baltimore
207,227,308
v;203,179,326
—r——
+
—
—
0.8
8.4
$9,717,313,186
days
$•^94,898,558
2,485,401,035
;083,552,715
,202,714,221JjJ,278,451,273
707,959,7397, J+730,576,593
All cities, one day
•
+
4.9
$12,910,673,960 $13,009,027,866
issue of next week.
Total
+
Accordingly, in the above the last day of the week in all
—
+
1.8
West
4.3
—
—
—
0.6
that week there
ings for the whole country having amounted to
in
appear
the week
press.
the week
—
against $14,473,875,580
Outside of this city thef^ Was a loss of 4.5%, the bank
in 1948.
the same week
clearings at this center having recorded a loss of
that in the New York District (including this city) the totals show
SO.8%
falling off of 7.2%, in the Boston Reserve District
Reserve District of 4.2%.
The Cleveland Reserve
the Richmond Reserve District of 4.4%
record
a
and in the Philadelphia
Difj£ict registers
decline of 12.3%,
a
In
smallerpy 7.5%, in the, St. Louis Reserve
by 2.1% and in the Minneapolis Reserve ^District by 1.6%.
the totals show
Reserve District
District the totals show
a
16.2%|4out
gain of
in the Kansas City Reserve
->;'':7>!iz7":77:Z7;.:;7-r
of6.1%.
In the Dallas
loss of 10.9% and in the San Francisco
a
following
furnish
we
Jteserve District
...4.77;.7,,-•
■
Federal Reserve ^Districts:
by
a summary
Week Ended
July 23
Federal Reserve Districts
fad New York™
Ird Philadelphia
M1
-11
Cleveland
7
—L—7——
Ith Richmond
7,025,340,323
7,567,974,993
\
935,333,503
976,244,727
Z:'*"799,522,679
M
,911,251,682
427,122,752
446,569,883
—
—
X.
455,869,354
7.2
^482,452,344
7,464,631,373
4.2
811,540,566.
"
16
M
Ith St. Louis
4
"
487,513,003
497,877,^3,
Ith Minneapolis
7
"
380,528,562
386,648,697,
-TV
530,320,071*
—10.9
,,
llth Kansas City—-1.
11th Dallas
'
7
605,129,072
"4)
4———
6
•
10
932,071,075
862,164,650
10
«th San Francisco--^
629,958,700
y
472,494,250
M
,
293,157,457
252,332,
735,213,363
'
^
Z 783,715,192
—
651,174,501
A 355,901,178
4.4
"
770,61?,157
742,532,672
—12.3
—
x.y
•<*.*
482,974,188
«
.
Ith Chicago—™
5,738,141
158,705,973
138,136,880
238,217,118
41,140,200
—19.0
21,473,000
23,540,700
6,467,547
—28.5
6,440,502
8.5
4,176,412
6,082,621
312.054,707
—12.2
259,509,491
3,259,755
4,937,432
238,727,311
911,250,682
—12.3
742,532,672
651,174,501
2,178,061
3,169,748
3,006,468
226,151,933
73i552,913
72,435,390
427,122,752
(6 cities)
Sixth Federal Reserve
111 cities
3.9
;i
332,246,593
15,246,980
Outside New York City———
6,776,315,690
We
add
now
836,531,304
762,535,708
400,654,586
356,142,998
1.6
,i 310,130,926 *
260,674,566
7.5
399,829,085
479,336,656
+ 16.2
—
week ended
v
Z/-- /" ZyZZ'yyZ
l>4<
XL--*-.
Fortlarid™--!---':::. y'v
.
-
■;
.
Fall
River,——,..,
Hew Bedford
XX
':+v.
*
'
<■.
Worcester
•
5,425,357,305
for each city for the
jures
.
1946
1»47
•
0.9
V
y
•
1,283,728
1,539,931
3,703,895
—
3,789,413
:
386,431,942
2.0 •«- .408,390,318
Louisiana—New
'
;;;v
■" ■
Islands-Providence™
,
*
■
-
*>tal(ia
j
-
.
1.$^^
567,727
-r-
l.r
4.906,340
5,216,388
—
22,121,219
!
4.7 V'1T.*,1,567,974
'
5.9
+
3,737,995
£3,233,767
.19,371,476
8.4
;
27,209,800
1,229,222
1,602,040
^798,976
8,898,827
3.3
j$$57,700
21,707,800
—23.3
^654,737
1,149,092
-+■
Seventh Federal Reserve
-
558,911,966
548,751,717 S
—
+
—
4.3
13,995,628
12,356,561
0.7
57,039,764
186,100,000
167,800,000
8.2
48,261,012
+ 14.0
3,182,061
—17.8
2,827.320
62,299,474
93,601,880
8.6
70,641,170
75,045,922
6,413,069
—10.8
5,187,156
364,601
—12.8
314,883
277,705
122,366,603
4.4
104,705,076
113,403,651
629,958,700
3.9
518,747,304
(tAa;
2,816,373
2.1
District—Chicago—
Michigan—Ann Arbor—
Grand Rapids
Lansing
Indiana—Fort Wayne
Indianapolis
—
—
+
2,890,385
3,050,110
63,077,228
4,821,302
"
478,163,416
South Bend
—
9,970,811'
7,183,740
5,642,915
v
5,427,705
49,588,000
1
——
52,744,000
7,059,621
6,636,648
12,495,423
1,089,771
893,234
8.9
8,103,243
7,288,364
5,235,776
5,934,462
!
y
60,137,129
3,523,096
1—
Chicago——
23,886,802
1,053,975"
723,601,051
'7658,490,424
;
3,181,562
4,266,089
11,958,123
5,556,894
3,439,011
L
3,473,048
11,064,165
—
+
4.0
4,747,592
4,324,638
—
6.0
41,274,000
43,400,000
+
6.4
1.8
74,188
4,764,017
3,973,218
t
T.4
2.4
2,929,739
+ 13.6
3,774,156
862,164,650
25,774,631
12,016,293
—
+
7.1
39,322,952
! 2,663,811
20,650,175
11,657,822
+11.4
912,962
999,747
9.0
660,293,606
9.2
2,519,258
605,177,181
2,561,022
7.5
11,161,767
—
+
—
—23.2
4,308,441
8.9
4,337,557
7,878,827
3,430,452
2,379,803
836,531,304
762,535,708
—
> 932,071,075
y
t
47,062,652
—
12,190,903
'1,174,579
,t
Decatur
27,139,312
13,058,034
—
—
—
t
3,439,334
Illinois—Bloomington
Peoria
9.6
—32.7
—
'
59,282,227
Des Moines
City
1,244,480
'
9,085,382
4,837,917
;
Wisconsin—Milwaukee
Iowa—Cedar Rapids
Sioux
.
1,124,592
—
7.5
"
Eighth Federal Reserve District—St.
Missouri—St.
|.
Louis-
289,300,000
Total (4 cities)
297,500,000
117,393,268
79,055,862
1,763,873
Kentucky—Louisville
Tennessee—Memphis
Illinois—Quincy
121,509,869
77,045,029
1,822,355
487,513,003
Ninth Federal Reserve
,
—
—
+
—
497,877,253
2.8
250,200,000
212,300,000
3.4
90,780,266
85,172,857
2.6
63,955,446
57,455,423
3.2
1,718,874
1,214,718
Z 400,654,586
356,142,998
2.1
District—Miiweayclls—
Minnesota—Duluth
6,516,683
265,022,822
92,850,778
St. Paul
6,008,608
257,940,686
—
Minneapolis
89,468,921
7,073,349
8,379,160
4,092,639
3,255,968
9,601,233
9,912,504
380,528,562
-
3,523,153
3,530,755
—
Total (7 cities)
386,648,697
—
—
+
3.1
V
5,238,877
213,872,947
71,417,341
6,011,929
3,042,050
3,099,940
7,447,242
1.6
310,130,926
7.8
2.7
3.8
—15.6
—13.9
—
—
8.7
y
—
5,635,877'
178,359,803
60,674,632
4,709,515
2,727,855
2,345,871
6,221,013
*
-
260,674,566
;
Tenth Federal Reserve District—Kansas
City-
460,290
Omaha
7,068,388
123,841,215
113,310,943
Kansas—Topeka
7,119,324
—24.6
425,122
347,124
—27.2
484,766
6.6
5,954,386
454,930
5,888,584
8.5
107^56»119
1.9
6,181,847
12,881,602
331,672,223
11,323.770
—
—
96,765,412
5,979,620
9,457,396
1,879,854
7,258,600
14,024,116
360,815,874
11,735,808
2,005,508
2,293,713
—18.0
1,483,464
1,578,991
1,450,667
472,494,250
530,320,071
—10.9
479,336,656
399,829,085
5,486,958
206,227,099
23,154,523
+ 33.7
+ 18.3
5,744,374
204,767,000
23,286,202
5,144,000
4,400,000
11,805,206
Missouri—Kansas
City
St. Joseph
Colorado—Colorado Springs
Total
666,689
6,599,299
i,
610,160
485,359
Hastings
Lincoln—
318,028,206
10,868,743
l.
—
(10 cities).
1,937,026
—
—15.8
+ 11.9
—
—
7.4
3.4
~
268,804,262
9,102,099
-
1,673,357
Eleventh Federal Reserve District—Dallas—
Texas—Austin—
7,335,635
243,918,146
4,399,074
455,869,354
Total
(6 cities)
+
8.3
9,000,342
+
0.8
3,001,704
7.223.606
4,106,994
145,248,000
17,649,741
3,514,000
1,733,127
6,562,022
293,157,457
Galveston
Wichita Falls
4,063,419
9,074,400
Dallas—™.,
Fort Worth
Louisiana—Shreveport
•>
cities)
332,246,593
1,886,866
5,613,292
"^ ^4,405,157
5.6
—
*+**6,570,344
'
ill,660,851
26,302,256
Hampshire—Manchester—
i
•
872,738
538,189
—
s
355,901,178
605,129,072
1,460,734
1,786,003
10,683,672!-
169,374,527
58,819,084
127,730,857
Orleans
Total (10 cities).
Pueblo
1>583'662
+13-3
i
7,683,552
■
4
7,536,034
57,069,069
318,096
Nebraska—Fremont
r
Dec.J&;
—
v
1,702,750 :
'■ ■■
■■
Hew Havenl-^y
y
y /;
:
•
.
2,388,130
186,043,229
1.5
12,709,083,518
23,358,987
•
'
.;
1,710,186
•
887,139
2,631,903
2.6
3,666,145
Mobile..,
Montana—Billings
4,003)461
: 473,358,695
1,937,779.
y
Z-.v.
°»hoecticut—Hartford—
•*
lAV
+
5.4
4.4
+
—
5,721,569
Alabama—Birmingham
178,813,884
1
Springfield
■
•
8,432,762
81,880,881
Mississippi—Vicksburg
598,389,883
12,322,106,509
infc'Sr.
1,687,033
$
463,829-462
Icwell—'
H^ode
1,671,466
4,706,610
91,514,355
2,616,573
Wichita
r
'
-
Massachusetts—Bpston
•
$
ir-i'S
First Federal Reserve District—Bosten—
Maine—Bangor
1,717,735
9,319,000
98,808,541
80,158,808
85,528,433
Florida—Jacksonville
642,647,780
Week Ended'July 23
Clearings alt—
2,029,436
3.7
—10.6
-
4,180,460
—
252,717,005
.
y
6.1
July 23 for four years:
1949
67,253,953
235,300,000
213,900,000
North Dakota—Fargo
South Dakota—Aberdeen
5.4 y. 6,046,467,591
7,159,815,lO^
detailed statement showing the
our
15,929,507
67,727,296
Georgia—Atlanta
Augusta
—21.4
—
478,163,416
518,747,304
2.1
—
14,473,875,580--.^ 6.2
13,572,271,331
T
+
4,355,305
District—Atlanta-
Nashville
Helena
1
—
446,569,883
Tennessee—Knoxville
y
2,769,749
11,671,000
130,535,343
220,264,115
-
Columbia—Washington
•
Total
770,612,157
1946
V
1.8
,10
Ith Atlanta
811,540,566
286,847,034
11,240,000
Springfield—
.-*«•
Dec. %
7 548,751,717,, ;; 558,9ir|,966
"
12
v.-.
v.
^047
Inc. or
$
12 Cities
4,675,742
8.4
191,428,768
116,717,915
BANK CLEARINGS
1949
*
'
'lit Boston
4th
7
.
5,375,659
—13.3
Virginia—Huntington
Total (16 Cities)
OF
SUMMARY
5,492,494
0.3
—
1,893,342
799,522,679
(7 cities)
Rockford
In the
t
6,333,146
273,948,161
Terre Haute
District
2,912,925
2.6
—10.8
—
—30.5
——
and the Atlanta Reserve District of 3.9%.
the Chicago Reserve District the totals are
3,487,694
1,870,775
3,629,824
We group the cities accord¬
ing to the Federal Reserve Districts in which they are located and from this it
appears
3,738,715
5.4
8,008,293
0.8
has to be estimated.
cases
$13,572jPlfl,331
2,012,724
3.3
+
6,988,853
~
Carolina—Charleston
Maryland—Baltimore
decrease of 6.2%, the aggregate of clear¬
was a
2,900,903
—
2,428,096
345,710,665
_Z
South
3.1
as
able to give final and complete results of the jWeek previous
ending July 23. For
—14.5
4.2
Macon
we are
745,000,000
976,244,727
Virginia—Norfoik
detailed statement, however, whicfTwe present further below
In the elaborate
2,754,038
782,000,000
2.0
not available*^' time of going to
are
4.2
—
3.2
—15.5
We cannot furnish them tocf&y, inasmuch
the Saturday figures
ends Saturday and
653,856
4.0
—
835,852
1,219,432
33,308,600
4,622,690
-.ZI
_Z_„_
Pennsylvania—Pittsburgh
Complete and exact details for the week covered by the foregoing will
our
947,477
9,689,400
7,167,276
5,569,474
175,398,801
299,686,100
Youngstown—
Total
in
1,108,637
881,392
935,333,503
(11 cities)-.
District of
Total all cities for week.
6.7
5.8
—
7,147,360
Richmond
Total all cities, five days.
r
+
—13.7
Fifth Federal Reserve
District—Richmond—
five days
Ten cities,
4,709,187
2,732,933
4,137,486
8,644,150
Jersey—Trenton
Columbus
Mansfield
0.9
uiil
Other cities, five
3,237,679
4,030,005
Ohio—Canton—-—..
Cincinnati
™——J
Cleveland
I'
3.9
—15.6
—
6
Fourth Federal
Reserve District—Cleveland—
—U.O
—
1946
6
%
$6,350^168,086
$6,401,308,751
938,000,000
4,553,397
2,879,207
Delaware—Wilmington™
•'.a**.-
Week Ended July 30
New York
1947
1
2,766,686
—IT—————
Wilkes-Barre
Total
3,186,415
899,000,000
~ ™
York
New
1,097,232
1,081,333
1,018,663
Philadelphia-.'— -"
Scranton
1,205,786
947,448
.--1™.————"
Reading
—
July 23
Inc.or
Dec. %
1.286,326
""
Chester
Lancaster
6
District—Philadelphia—
Pennsylvania—Aitoona
w
Clearings—Returns by Telegraph
1948
43
252,332,341
+16.2
252,717,005
178,813,884
134,099,159
—10.5
103,160,261
89.176.128
3.0
—12.4
3,334,774
104,167,568
43,994,659
9,073,139
6,170,836
350,147,330
11,112,217
3,118,432
8,368,564
6.1
642,647,780
+
0.6
+ 16.9
27,135.321
4,845,000
,
;
]
l«cond
Federal Reserve District—New Yeck—
etYork—Aibany
11,895,723
B,nghamton_:
:
.
Buffalo
■'
Hbhlra,
I—
8yracuse__^_
-
*"
- -
86,^83,699
1,532,391
1,8'§4,746
7,3106^476
21,06^*1-74
■
•
13,915,6^2
13,962,466
14,492,342
730,336
Jersey—Montclair
Newark
18,403,696
12,887,240
®°nnecticut—Stamford————JZ!
(12
3,p24,960
6,795,955,641
""
^Chester
Total
3,396,175
81,891,094
-
-■
—
York..;;:T
Horthern
Twelfth Federal Reserve District—San Francises—
14,372,892
2,026,993
_
-
—17.2
+
—
12.3.
5.5
9j-225,721
I
8,715,325
; 2,517,463
1,915,620
77,9.9^)140
64,455,835
"
Jamestown__l_
Hew
:
■
; * 1,552,066
-I—IT—
.
855,865
cities)
■
1,807,002
1,313,012
7.1
6,275,698,918
7,283,726,213
—12.6
15,862,'811
13,737,984
7.4
9,799,966
7,813,984
—
3,458,600
9,048,118
California—Long Beach
Pasadena
*
San Francisco
San Jose
3.7
11,038,811
544,900
485,601
7,399,409
394,125,627
11,411,424
9,957,436
—
—
8.1
+ 21.1
+ 25.3
+ 22.3
—
—
8.3
9.5
Santa Barbara
3,913,570
3,925,953
Stockton
8,191,650
9,352,773
735,213,363
783,715,192
13,572,271,331
6,776,315,690
14,473,875,580
6.2
12,322,166,509
7,159,815,104
5.4
6,046,467,591
—
0.3
10,038,814
—14.7
163,467,650
46,411,555
361,287,976
City
3,564,206
150,296,463
56,199,763
12,475,533
10,330,189
Utah—Salt Lake
—
(10 cities).
34,174,383
30,835,858
Grand Total
42,426,714
40,580,074
Outside New York
7,567^74,993~— 7.2
6,482,452,344
7,464,631,373
—
3,061,660
85,809,016
33.424.129
8,994,330
6,425,137
351,644,182
9,474,437
3,117,799
7,263,065
'•T
Total
9.1
53,608,461
7,025,340,323
1,3§SJ515
1,013,053
120,007,501
Yakima
Oregon—Portland
—18.0
42,561,355
43,966,317
Jerse^"
1.3
+ 12.3
—
•
38,672,576
New
+
Washington—Seattle
tNot
(111 cities)
included
—*.
in
totals*,
tNot
available.
—
598,389,883;
12,709,083,518
5,425,357,305
I]
COMMERCIAL
THE
CHRONICLE
FINANCIAL
&
Monday, August 1, 1949
Company and Issue—
Foreign Exchange Rates
the
CERTIFIED
RATES
EXCHANGE
foreign
1st
of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies
22,
BANK
TO
TARIFF
UNDER
TREASURY
1930
OF
ACT
1949
1949,
JULY 28,
TO
INCLUSIVE
Value in United States
Money
July 22
July 23
$
4
1st
"
.297733*
.200000*
.29 7733*
ref.
.251247*;
.251247*
3.212150
3.211150
.022750
.022750
.022750
.021762
.021825
.021975
.022025
.054406
.054406
.054406
.
.054406
:
.301166
Czechoslovakia, koruna—
.020060
;
Raynolds
mortgage
1st
.301166
.301166
.301166
.020060
.020060
.020060
.208535
.208535
.208535
.208535
•
.004671*
.004671*
.004671*
.003021*
.003021*
.301678
.301678
.301678-
.301678
.115603
.115603
.115603
.115603
V
.376157
,
.376185
.376114
.376162
Stores,
"
3.991336
3.991336
3.990090
.201580
,
.201580
.497400
1.497400
.497400
.040328
.497400
.040328
.040328
.201580
.040328 "
.471733
—
.471733
.471733
.278228
.278228
.233629,
.—
.233629
4.007500
...
4.007500
Closed
4.0075004.031250
United Kingdom, pound sterling.
■
3 Va %
ref.
.233629 :
? Application, depends upon
4.007500
"4.029843
4.031093
-
'■
.588223*?
,561799*t
.561799*?
.561799*?
.561799*?
,531909*t
•531909*t
.531909*?
.531909*?
>
for
F.
.
929,761
R.
570,829
Reserves
13,664
—
•-
23,285,260
3,666
+
+
7,522
4-
416,655
advances
loans
41,304
—
307,475
cash—
+
56,389
519
+
1
—
888,457
;
27,940
89,924
270
U. S, Govt. see..rities:
Bills
3,735,695
Certificates
6,620,500
66,500
*2428
income debentures,
Joplin
Botes
+1,663,093
353,600
Total U. S. Govt.
+
16,000
Fireproofing
18,907,169
Due from foreign banks
P. R. Notes of other banks—
■
+
72,388
2~720
349,077
premises
32,634
assets
110,412
'
..
—
—
28
+
+
5,904
—
July 20,
V
44,998,923
—
269,677
7*549
Assets—v
179,524
Loans
151
and
—1,929,530
Investments—Total
:
to
chasing
481,987
Deposits :
U.
acct.
17,485,926
acct.
446,736
467,197
—
Other
409,365
:
+
70,742
—
2,020
—
—
58,953
+
+
90,026
88,315
liabilities
2,062,791
11,187
44,126,563
Capital paid in
Surplus (Section 7)
Surplus (Section 13b)
Other capital accounts
+
—
+
—
15,081
—1,421,006
256,091
—
2,009
—
161,773'
U.
3,431
:
744
+
27,543
171,371
'
44,998,923
combined—
on
4,145
+
—
269,677
—1,929,530
-
688
+
correspondents
-
make
664
2,926
161
—
2,276
+
17
+
—
4.4%
—
♦July
—
Condition Statement of Member Banks
statement of weekly
reporting member
banks of the Federal Reserve
System in leading cities
shows the following
principal changes for the week
ended July 20: Increases of
$253,000,000 in holdings of
United States Government
securities, $437,000,000 in de¬
mand deposits
adjusted, and $274,000,000 in borrowings,
and
a
decrease
of
$515',000,000 in demand
7%
Co.
105
1
'
t
preferred
*2643
4%%
this issue,
tin Volume
306
...»$
103
:
112
49
169,
deposits
industrial, and agricultural loans de¬
$118,000,000 in six districts and increased
$21,000,000 in the other six districts; the
principal decrease
was $101,000,000 in New York
City.
Holdings of Treasury bills increased in most of the
districts and a/total of $143,000,000 at all
reporting mem-
7.-7
8
Brewing
: >
•
Co.
Arch
Bank
6%
Co
(quar.)—w
4~'7"
Meter
Pulley
Co
455
Corp.,
137
755
71
37
227
60
—
-i-*-
(quar.)//
American
—
46,472
254
Extra
8-18
7-29
8-15
.
nA
9-24
-
9- 2
-
9-1
8-25
(quar.)—
30c
8-16
8- 5
12Vic
8-31
8-12
25c
8-30
8- 9
8-30
8- 9
$1.75
.
U.
S.
(quar.)
'
Anglo-Canadian Telephone Co., cl. A
(quar.)
Tobacco
Arkansas
515
240
2
18
420
274
Armco
191
Western
Steel
Co.
(quar.)
.
Gas
Corp.,
Co.
(quar.)—
(quar.)_
preferred (quar.)
Cork Co., common
preferred (quar.)—
$4
Art
preferred
District).
Metal
—*
and
common
called
stocks
called
current volume
were
.
bonds, notes,
for
redemption,
sinking fund
provisions.
$4.50
preferred
Babcock
the
1
$1
9-15
9-
1
8-25
8-3
NOTICES OF TENDER
Date
Consolidated Gas Electric Light & Power Co. of Bait.—
1st ref. mortgage bonds, series P, Q, R and
-Aug
&
7%
Fine
Steel
7-15
8-15
10-
1
4c
11- 1
12-1
Corp.
Corp
4c
Spinning
Corp.
4c
5-1-50
8- 1
Y.)
7-15
10-15
1-15
$1.12
$1.12
$1
2-1-50
10"
(quar.)
8-1
5c
—
8-22
12Y2C
$1.06V4
Associates
9-
*
8- 8
8-15
8-15
9- 1
99-
1
8-19
1
60c
—.
7-22
1
35c
Z
9
7-26
9-
\
8"
50c
(quar.)_
10- 1
12-15
1-15
2-15
3-15
4-15
4c
'
—
,
common
(quar.)
Z
2-1-50
4c, 3-1-50
$1.12
(N.
9-15
10-15
11-15
"4c
^
Co.
Co., common
preferred (quar.)
preferred
1
8-
15c
Terminal
Berkshire
9-
4c
r
——
Inc.
Commercial
Bethlehem
104
8- 1
4c
.
(quar.)—
Howell
4V4%
Page
Wilcox
8-15
4c
4c
—
7- 8
9- 1
$1
monthly)—_
^
1
25c
-
Bayway
"Chronicle."
&
Balcrank,
Bell
Company and Issue—
9-
50c
(quar.)
preferred
Bankers
in
9-15
'
(quar.)
$4.50
9-15
8- 8
9-1
—
preferred
9-15
933,4c
-
$4.50
"
40c
—
Mills, com. (reduced
Common (monthly)
Common
(monthly)
Common
(monthly)
Common
(monthly)
Common
(monthly)
Common
(monthly)
Common
(monthly) ;
Common
(monthly)
Common
(monthly)
number gives the location in
given
62Vic
Co._:
Avondale
(except where indicated) in which
page
-
,
City Electric 4% pfd.
(quar.)^—
Automatic Canteen Co. of America
(quar.)—
The date indicates the redemption or last date for mak¬
ing tenders, and the
9-15
8-15
Atlantic
list of corporate
under
8-10
9-30
$1.12Va —10-15
(quar.)
Construction
9-1
20c
4conv.
$3.75
8-10
9- 1
*15c
—
common
*
-
75c
.
Armstrong
21,353
a
25c
-
—*
American
accounts,
(Atlanta
Co.
384
8,521
Govt,
Seating
—
532
1,351
including those
•
8-26*
8-31
(quar.)———
Y.)
Corp.
13
deposit accounts, except
figures revised
details
8- 5
9- 9
9-18
o
25c
8-15
9-10
^
20c
•
8-31
9- 1
9- 1,
35c
^
•'
98
\
—
and
437
Notices
the
9-2
9- 2
9-12
*
$2.40
^
830
—
:
,
Below will be found
the
9-15*
9-15
-
10c
"i
,
Sanitary
15,324
deposits.
—
preferred
•
'•
75c
;
1
9- 1
9-15-
40c
$1.25
•
$1
Standard
Safety Razor
9- 1
9-15 ;
1Qw *
$1.75
(quar.)
1%
preferred
(quar.);—*
American Re-Insurance
<N.
8-19
/
1
9-
15c
—,——
common
American
9- 1
10-
30c
&
7-22
.T750
Co.
Radiator
8-12
8- 1
75c
Co
American
8-22
1
9-
$1-25
——
preferred
American
8-22
,.9-1
40c
Co.,' 7% pfd. (quar.)
Chain & Cable Co. 0omr
American
8- 8
(quar.)——-
Can
convertible
8-15
9-1
12VaC
_i.—.—
common
Line
369
2,174
—
9-30
15c
—-
(quar.)
1,128
1,486
43
1
n
35c
:
pfd.
;
17
73
8- 8
8-15
$1.25
——-—
conv.
Note,
61
•,
8-15
25c
*
.-a
(quar.)
$3
Holiert
Payable of Itec.
20c
v,
-/•
Home
Products
(monthly)——_
Indemnity Co. (s-a)_
American Laundry
Machinery Co, (reduced)American* Machine &
Foundry Co
628
4,773
banks
—'
-l
American
617
32
(quar.)_
Share
American
79
143
V-
■/.«
,
When
per
r
•
,»
-5%
preferred
(quar.)—American Hide & Leather Co.— "
274
253
„
(quar.)—:
Brothers,
American
291
26
v:,..
t.
—
preferred
American Barge
70
*4'
-
.
—
creased
104
1
V
t
(quar.)——————— ;•37.%e \
Co.
American
45
-
Redemption Galls and Sinking Fund
The condition
Commercial,
••
104
:
<
demand
13
4,022
•
12,785
during week
4,143
2
11
5,575
Banks
Borrowings
1,350
Altes
119
2,614
——
Reserve
domestic
Government
to
Co.
998
deposits adjusted
Time deposits, except Government-S.
Kid
(Louis)
Extra
.
credited to domestic banks.
!•
' '■
26,320
Demand
U.
All is
208
35,507
Liabilities—
^
Allied
American
227
i
—
Federal
with
interbank
—
Co.,
Co. (reduced)
Aetna-Standard Engineering
Co.—•_
5% preferred (quar.)
1
1,627
10
4,134
—
vault
in
Balances
Debits
indus¬
trial loans
1
A
•
——_
2
">
Aug
1952—
r
-
Acme Wire
929
165
249
notes
Foreign banks
55.4%
in
■
American
430
—;—
Interbank demand deposits:
Domestic banks
:
foreign
we
Altorfer
—
bondswith
112,450
accept¬
purchased for
to
S.
Cash
18,522
'
gold certificate re■erves, to deposit and F, R.
Commitments
obligations——
———
Reserve
•
+
•
103
are
6%
Government securities—Total-
Treasury
7,695
+
466,711
due
•••'•*
Gas
Company
ABC Vending Corp.
pur-
loans
loans
Other securities
+
A,
Name of
994
*97
for
bills
—:
Teraeury certificates «f indebtedness
.,
—2,068,197
of
liabilities
S.
U.
206,740
•
3
1
1
.
The dividends announced this week
are:,,
89
+
83
*
dealers
Treasury
J
274,566
*2745
grouped in two separate tables. In the
bring together all the dividends announced the
declared.'-'
•
Government
estate
Other
.
note
and
carrying:
or
23,289
Loans to banks
18,809,224
..
week.
Then we follow with a second table in
which we show the dividends
previously announced, but
which have not yet been
paid. Further details and rec¬
ord of past dividend
payments in many cases are given
under the
company name in our "General Corporation
and Investment News
Department" in the week when
agricultural
Other securities
Capital Accounts—
Contingent liability
1
brokers
83
—
Real
—
Deferred availability items
Other liab., incl. accrued divs.
..
current
1948
409
Other securities »
Other loans for purchasing or carrying:
U. S. Government obligations
7
—1,375,048
and
7
47,669
—
5,312
S.
1949
63,264
—
industrial,
loans
Loans
35,565
first
inc. (+) or ,/
Dec. (—) Since
July 13,
July 21,
22,984
——
Commercial,
'
23,243,361
*
DIVIDENDS
(in millions of dollars)
Loans—net
29,345
Liabilities—
notes
CALLED
12
148
bonds, series A, due 1957
Service
Dividends
■,
1949
Loans—gross———
assets
5%
Public
•Announcement
,
'\
'
124,926
ISSUE
preferred stock—.———Sep
7%
pfd. stock—*—.——iJan
Co.—
...
•..
—2,629,660
r
2,231,003
Items
.%*''•
•'
v
49
—
deposits—
.
due 1952———
series
Co.
Water Works
member banks follows:
—2,719,314
•
Foreign
"■
—
Borrowings increased $151,000,000 in New York City
$44,000,000 in the Chicago District.
r
A summary of the assets and liabilities of
reporting
+1,216,279
18,489,995
gen.
1971——
Aug 22
stock
Aug
1
,pfd.. stock—
Aug
8
Mickelberrys Food Products Co.,'$2.40 pfd. stock—Oct 1
New Process Co.,- 7%
preferred stock——
Aug 1
Scullin Steel Co., mortgage bonds, due 1951
Oct
1
White Sewing Machine
Corp., $4 preferred stock—Aug 1
and
—1,599,700
7,780,200
Bonds
—
due
5%
Michigan.Consolidated
smaller amounts in all of the other districts.
—3,998,986
50,500
+
'
bank—reserve
bonds due
11
5%
Holdings of Treasury certificates of indebted¬
ness increased
$61,000,000 in New York City and de¬
creased $34,000,00(1 in the Minneapolis District; the net
increase at all reporting member banks was $32,000,000.
Holdings of United States Government bonds increased
$61,000,000.
Holdings of "other securities" increased
$73,000,000.
:
: ;•
Demand deposits adjusted increased $279,000,000 in
New York City, $52,000^000 in the Cleveland District,
and $47,000,000 in the Kansas City District. United States
Government deposits decreased $61,000,000 in New York
City and by a net total of $98,000,000 at all reporting
member banks. In the Minneapolis District, such deposits
increased $42,000,000, reflecting principally sales of tax
savings notes. Demand deposits credited to domestic
banks decreased $171,000,000 in New York City and by
*
9,998
*
*2647
v
1948
;
$
7
*2754
mortgage ZV*%
1st mortgage bonds,
Frontier Refining Co.,
ber banks.
July 28,
1949
■
22,714,431
Total gold ct.
ances
107
Co.—
bonds,
-
-
(—) since
July 20,
I
certificates
Batio
1
1st mortgage income series B
bonds, due 1957——Sep
Chicago Grain Corp., 1st mtge. 5 % bonds, due 1952
Aug
County Gas Co.,-Atlantic Highlands, N. J.—
rv
.
.588223*?
dollars)
1949
Assets—
Total
105
Aug
,
4.031210
.588223*t
crease
-
l
,
type of merchandise.
July 27,
Total
303
Aug
1975
..
4.007500
.588223*t
Increase (+) or de¬
:
fund
due
ENTIRE
.233629
.561799*t
(in thousands of
Treasurer
204
stock_Aug 16
1959
Company and Issue—v
^V:....
'
i
Date
& Paper Co., Ltd., prior preferred
stock.Aug t
Aetna-Standard Engineering Co. 5%
pfd. stock——Sep 30
Broadway-Cooper Corp.—
;
•'y'v .
, .
1st mortgage 4% series A bonds, due 1952_
—Sep. 1
.658300*?
Reserve Banks Combined
S.
due
1
Abltibi Power
.278228
.233629
.658300*t
Statement of Condition of the 12 Federal
Member
N. J., .$4 pfd.
debentures,
series B 3l/s%
Gas
3%
1st mortgage
U.
1
Sep
.
,531909*t
Reserve
—Sep
1970
1
Kewanee
Federal
4
1
General
Total
of Newark,
bonds,
mortgage
Counties
mortgage
1st
.471733
.278228
.658300*?
:
•Nominal rate.
Other
1965
due
3l/2 %
Inc.,
.497400
•
,588223*t
,
Uruguay, peso..
Bank
series A,
.040328
.471733
>658300*t~
Uruguay, peso.
Uncollected
«
i
Inc.—
Southwestern Gas & Electric Co.—
.201580
.278228
.l
4.031093
:
.658300* t
.
Uruguay, peso...:
and
103
203
Aug
1st
3.991336
.201580
—
Uruguay, peso.—
&
Southern
.376066
3.991336
:
—
Borway, krone
Philippine Islands, peso
—
Portugal, escudo——
•traits Settlement, dollar
Sweden, krona
Switzerland, franc
—
Colon of South Africa, pound————
Discounts
1962—Aug
,
;
Bear Zealand, pound
Industrial
1
Aug 31
Aug 15
1971—Oct
.003021*
.115636
Cther
Oct
A
*2418
bonds, series A, due 1970—
Aug l
Sun Ray Drug Co., 3Vi% debentures, due 1961—
Aug", 1
Textile Crafts Building, Inc., 3Vi%
bonds, due 1954—Aug 1
.004671*
.003025*
.301678
Bedemptlon
series
194
1
Paul Union Depot Co.—
1st
.004671*
India, Dominion of, rupee—
.
1962_Sep
.
,
Mexico, peso
Wetherlands, guilder
•
D, due
ser.
.1
McCord Corp., 10-yr. 4 V2% debentures, due 1956
Aug
l
Monongahcla Ry», 1st mtge. 3Vis, ser. B, due 1966—_Aug
l
Riverside Mills 1st mtge. 5 Vis due 1963
Aug 15
'Safeway Stores, Inc., 5% preferred stock
Oct
1
.301168
.020060
.003025*
.
,
Co.,
3 Vis,
mortgage
Saint
France (Metropolitan), franc—
Official
Cold
bonds,
Co.—
bonds,
Firemen's Insurance Co.
>Food Fair
.948125
.946875
.948125
.950000
.
,
'
.208535
Denmark, krone—
•
Sep
Foil
&
1st
1.000000
1.000000
1.000000
LOOOOOO
.949687
Free
■v
1965
Kings County Lighting Co.—
1.000000
Ceylon, rupee
'
Terminals
5Vi%
1
Ry.—
due
20-year 27/a%
debentures due
Elgin, Joliet & Eastern Ry.—
.022750
tO54406
.021725
——Oct
Ohio
Paga
l
'
3.212150
.022750
Sep
River
Devoe
.200000*
.200000*
.200000*
.200000*
3,212150
Closed
1954
&
series A,
mortgage 4 lA %
Union
23
Aug H
1963—
Co., Inc. 5% preferred stock
Mills, Inc., preferred stock—
Deerfield Packing Corp., 3%% debentures, due
Dan
.297733*
.251247*
.251247*
3,212150
4s,
mortgage
Cochran
t
$
$
.251247*
Official
itQ
:
Date
due
Clinchfield
and
1st
July 28
July 27
July 26
$
.297733*
Canada, dollar—
Free
1963
Chicago & Western Indiana RR.—
July 25
.297733*
.
due
PARTIAL REDEMPTION
5s
mortgage
mortgage
Cleveland
Belgium, franc—
.
Foreign "bank notes" account
Brazil, cruzeiro—
bonds
income
Light Co. 1st mtge. 3s due
Foundry & Machine Co.—
Carolina,
Noon Buying Rate for Cable Transfers in New York
:
stock—__—Sep
Gas
Bethlehem
1st
Australia, pcund
preferred
Corp.—
iv
:
1st
Argentina, peso—
For "regular" products
For "non regular" products
For certain industrial products
Date
5Vi%
Co.
6%
mortgage
Atlanta
RESERVE
BY FEDERAL
JULY
E.)
Sherman
Company and Issue—
the week just passed:
give below a record for
(Walter
Witherbee
daily
Treasury the buying rate for cable transfers in the different countries of the world. We
Pursuant to the requirements
to the Secretary of
Heller
,
t
8-
9-
8
170
Volume
THE
Number 4825
-
'
•
Per
When
COMMERCIAL
&
FINANCIAL
Holden
Sanford Carpet Co., Inc.—
&
n'ffpinw
General
60c
(quar.) —
Spreferred (quar.)
Common
2ai
B
Rros
Bc?
(quar.)__
25c
8-13
8- 8
Goebel
(quar.)
___
$1.50
60c
__
(interim)
bearing Co
.__
Co
Ltd., class A (quar.)—
K,vn Union Gas Co: (increased)
25 Mills, Ltd. class A (quar.)
9-1
9-15
9- 6
7-30
8-8
8-15
87%c
9-1
8-8
9-1
9-1
8-8
8-3
Low
9-15
9- 1
7-25
8- 1
7-25
.
$1.12%
25c
4%%, preferred (quar.)
M.) Company (quar.)
Pacific Title Insurance Co.—
Special
50c
t20c
t25c
preferred (quar.)____
preferred
(quar.)—
_______
Canadian Tire Corp., Ltd. (quar.)—___;__
Carpenter Paper Co., common (quar.).
_
4% preferred
(quar.)Carpenter Steel Co. (quar.)
_________
Central Detroit Warehouse Co. (quar.)_____
Central Louisiana .Electric Co. (quar.)
40c
Central Soya Co. (quar.)
.____.—
.40c.
Extra——
________—40C
Champion Paper & Fibre common——___
50c
$4.50', preferred
(quar;)— ____"
1—__ $1.12»/a.'
Chapman Valve Mfg.
(special)—$r
Chesapeake Corp. ;of Virginia (reduced)—
25c
Chile Copper Co., (reduced)50c
Cincinnati Fund, Inc.—
__________—_
10c
City Auto Stamping , Co.__—
;___
40c
City Baking Co. (Baltimore)—
•
7% preferred (quar.)l
$1.75
Cleveland & Pittsburgh RR. Co.—
4% special guaranteed stock (quar.)..
50c
■,■1% regular guaranteed stock (quar.)
87%c
Coal
Consolidated
Co.. of. Baltimore,
preferred
preferred
Consolidated Theatres,
Continental
Del.
(quar.)
Can
Co.,
$5
preferred
preferred
4%%,
Class
CO.
Class
Duquesne
Brewing
6%
9- 1
9- 1
g_ 1
,luafanfceed
?
.
9-1
M
(quar.)__.
9-301
9-30
9-30
8-20
Inland1 Steel
4%
_
9-27
;
8-8
9-1
8-15
8-15-
———
,
10c
$1.50
* V30c
•.
...
-/v :,
*■
Co- :;<quar. )_•—
:
!
Gas W°rks. (quar.)-______
,.
50c
500
9-1
8- 1.
,
H ■
$1
,
——,
: ,
t25c
t25c
*77--
(qqar,)I
»~rr——
ge .Works (quar-)
Ration Investment Co;— -
$2.50
.
/
f
$1
(quar.)__
ClL It1, Co" class A
25c
r^^\/iqUar")—
$1
Gair mlh?
Go-^quar..)^_____a__
25c
Gearko t rt) "ComPany. (quar.)__—
—10b
Genersi
' Preferred
(initial s-a)
15c
5%
s Supply Corp., common
10c
General nT;Preferred <quar31 %c
7% mS
C°.» common (quar.)
T
25c"
(quar.)l_________
m
7%
Gene
m"8" ('uar-»-—
nrofirep^00fing c°..
^fferred (quar.)—
ferred (quar.)
com*
$1
$1.75
(irreg.)_
1
preferred (quar.)u.
conv. pfd. (quar.)
Jy700d CorP-5%
Refractories
Co.
(quar.).
'
7-20
7-20
7-19
9-10
9-1
9-15
9-30
9-15
8-19
"8-8
9- 1
1
9-12'
10- 1
9* 1
9- 1
50c
9-28
9-15
8-15
8"15
8-18
9-16
1-1-50
84%c
25c
Massachusetts Bonding
/
.
,
!
-
9- 7
& Insurance Co.—
redeemable
pref.
40c/.'
125c"/
Now-on'
basis
J/.,-.
162%c
' 50c
—
'
'
Michaels Brothers
,
Extra
4%%
_____r—__.4—■
Knitting
—
National
Acme
National. Cylinder Gas Co.,
com.
(quar.)_
4%%
preferred * (initial)
National Gypsum Co. $4.50 pfd.
4y4 %
National
7%
—.
(quar.)
Lead
Co., com. (quar.)
A'(quar.),
preferred B (quar.)
preferred
Company-(quar;)—
National Vulcanized Fibre Co. (quar.)
National
Tea
9-30
9V 1
30c
(quar.).
pfd.
9-
$1.25
9-
1
1
8-19
9-
2
9-26
35c
9-
1
8-15
9-
1
8-15
1 9-
1
8-22
15c
9-
1
8-19
50c
10-
3
9-20
40c
9-
1
8-15
87 %C
9-
1
8-15
8-15
7-29
25c
8-15
8-
1
25C
9-
1
8-
5
25c
9-
1
8-
5
$1.25
10-
1
9-> 9
7-25
7-12
Inc.
Co. of Indiana,
Y.)—
(N.
preferred
com.
(quar.)_
(quar.)
preferred
Oil
(quar.)—
New Mexico-
(quar.)
common
•
84c
of
Co.
Co.,
:
—
preferred* (quar.)
Fund,
20c
Inc
(quar.)
(quar.)
R0ckwood "& Company, common
...
•
preferred
*
9-15
8-21
50c
9-
8
8-18
25c
10-
1
$1.12%
10-
1
9-9
$1
9-
1
8-45
40C
9-
$1.18%
—
1
9-
9
8-15
8-15
8-1
9-
1
8-15
$1.23
10-
1
9-15
$1.25
5% preferred
(quar.)
$1.25
5% prior preferred (quar.)_____
—
90c
Rogers.Corp., class A (accum.)
25c
Rohm &* Haase Co:, common (quar )
$1
4% preferred A (qut^r.)
Rolland Paper Co.; Ltd. 4%% pfd. (quar.)— *$1.06%
ROlls-Royce Ltd.fr'
, .
7
American deposit receiptsJ (final) 1
—
$0,433
Ronsoir Art Metal Works (quar.)
I—,25c
10-
1
9-15
Gas
Co.
42 %c
„
30c-
(quar.)_—
preferred, (quar.)
.Extra.
Roos Brothers,
—
-
10-
1
1
9-15
8-1
7-21
9-
1
8-12
9-
1
8-12
9-15
9-1
„
7-29
9-15
.8*31
,
8-31
.v
9-15.
9- J,
,9- 1,., 8-10
12- 1
11-10
9-1
8-10
9-15
9- 1
,
84 9
8-10
8-10
8-10
8-18
25c
9-30
9- 9
$1.75
$1.50
9-15
11- 1
'8-26
10*14
50c
25c
9- 1
8-15
8-16
8-2
——
(quar.)
—_"
!_
;
.
Manufacturing'-(quarr)
:Sagamore
Stockyards
Savage Arms Corp
i
Scott Paper Co., common, (quar.)
,——
$3.40 preferred (quar.)_
—
$4 preferred* (quar.)
Seaboard Surety * Co.
(quar.) _——_—:—
Second Canadian International Investment
St.
Paul Union
Co., :common
4%
partic. pref—
Sheller- Mfg.
5%
Corp.,
1st preferred
Sherwin-Williams
'
6- 2
25c
Extra
4.20%
preferred
10-1
,9-10
8-
1'
9*
1
7-27
8-25
8-10
8-2
7-26
7-30
7-22
8-24
8-10
9-12
8-31*4
11-
1
10-18*
11-
1
10*18*
8-8
"——:
X 10c
common/
——25c
9-
1
$1.25
62 %c
10-
tlOc
(quar.)
Co.,
;
common
—
(quar.)
—;
50c
:
(quar.)
(quar.)_
$1
25c
62%c
56%c
t30c
t$1.25
8-12
9-14
8-22
1
9-28
8-15
7-29
8-15
7-29
9-
1
8-15
9-
1
8-18
9-
1
8-18
9-
1
8-15
2
9-
1
8-
9-
1
8* 2
,9-15
8-15
XU
Carpet
9-15
8-15
t$1.12%
—
(quar.)
(Alexander)" & Sons
Common
(reduced quar.)
preferred
9> 1
8*12
Smith
3% %
;
9- 9 r
1
B
preferred
.
2
9-10
9
9-
■
9> 2
9-20 1
9-
preferred (quar.)—;——
Signode Steel Strapping, com. (quar.)
5% preferred (quar.)_:
—
Simon (Franklin) & Co.—
"
4%% convertible preferred (quar.)
Simon.(H.) Sons, Ltd., com. (quar.)
5% redeemable pfd. (quar;)_
Simpson's, Ltd., class A
Class
.
$2
25c
25c
62%c
85c
$1
50c
'
9-
8-15
4%
4%%
,
„
"
9-12
9*12
20c»
50C
25c
—
(quar,)—/
Inc.
Extra
9-15'
10- 1
10-1
10- 1
1
RUppert' (Jacob) v4%% pfd.; (quar;)$1.12y2
Russell-Miller Milling Co. (resumed);-——
t
30cSaco Lowell Shops
(quar.)-/—
—
50c
!
8-16.
—.
Industries .Corp.
Ross
-
7-29
11* 4
-*
9-10.
9- 1
9- 1
9- 1
$1.06
$1.42%
$1.12%--
9-1
$1.25
9* 1
__
.
',8-1 7 7-27
20c
(quar.)
preferred
3
3
(quar.).
National Bank & Trust Co.
4%%
„
"11-15
9-11
8-23
9-21
1010-
$1.37%
Rockland
*
8-17
50c
Co
(quar.)
1
$1.50
__
common
10-14
$1.50
(quar.)—_,
preferred
9-
„
8-20
.
8-15
56C
(quar. )-
Quaker State Oil Refining;
Reading Company, 4% 1st pfd. (quar.)—
Remington Rand, Inc., common
$4.50 preferred4 (quar.)_
—Rochester Gas & Electric 4% pfd. (quar.)_
.
10* 1
J25c
■
8-12
1
'
8-19
5%
-
8-1
Co.,
9-
8-25
25C
(initial quar.)—
Corp.
8-19
Puritan
'•
8-12
8-15;
preference
9-15
1
5%
8-15
Ltd,' com. (quar.)—
J25c
(quar.) ______—
l$1.121/2c Monarch
Life-insurance
Co.' Springfield (Mass.)
(s-a)
I
$1.25,,.
Monsanto Chemical Co.; com. (quar.).
50c
$3.25 conv. pref. A (s-a)
1
— ;
$1.62%
$4 conv. pfd. series B"(quar.)—
$1
MOore-McCormack
Lined* (quar.)
37,/2cl
Monarch
7-29
$1
—.
1
Extra
31 '
'
8-15
9-30
3.35%
8-22
9- 1
15c
7-29
$0.2882
(initial)
pfd.
9-
Pure
30c
35c
(resumed)
Michigan Sugar Co. 6%"pfd; (accum.)
Michigan Public Service Co. (quar.)_
Mitchell
(J. S.) Co., Ltd.—
7-29
8-15
9-
Public Service
8-10
8-15"'
/.;
—
7-29
8-15
3iy4c
25c
3%%
8-19
8>.31
9-30 :
10c
Quarterly
'
30c
Merritt-Chapman & Scott 6%% pfd. (quar.) $1.62%c
Metropolitan Storage Warehouse.
75c
Extra;
8-15
7-29
8-15
9-
Public Service Co; of New Hampshire—
'
'
1
8-15
Quarterly,
.
Y))'*
------7
Economic
Public Service
8-10
8-15 :
quarterly
8-15
$2.50
8-15' 78- 3'
9-15
8-20
?0c
a
8-5
9-10
8-
50c
Public
.
9-15/*
62'%c "
8-25
90c
(quar.)
Prentice-Hall,
....
(s-a)__—
corporation, common • (quar,)
-$2.50 preferred.;'(quar:)_—1*
Merchants
Fire -Assurance
Corp;" (N;
6%
8-10*
8-16
25c
8-25
-
9
8-40
9-10
8-24,
.25c. "'
...
5
50c
37 %c
—
.
45c
8-10
.
10'/2c
Harris, Ltd/common;.(quar.)__!
conv.
8*15'
14c" ""'8-15','
8-15
:
.
—
8-9
8—5
1
50c
;
-
8-. 9
9-10
9-
35c
Mml
9-15
9- 1
7-15
/
9-10
8-15
Mills, Inc. (quar.)
Pittsburgh Steel, 5%% prior
5%
preferred A (accum.)
8-8
8-15
9-10
8-19
8-10
9-10
9-10
10-15
9-15
8- 1"
" 12y2c
———
McCord
?
.-
7',
.
Quarterly;
$1,25
*
,,
8-16
8-1:.
$1.75
,
General
General
cra»
8- 1
— -
-—
Massey
'
9- 1,
(quar.)_—_preferred
(quar4_—
.
15c:
125c
15c
62%c
,
(quar.)__
class^A
8-20
preferred' (quar.)
$1
8-20
8- 5
8-8
8-15.
8*; 3
8-3
8-19
7-15 /,
..9-. 1*
9-..1*
$2
25c
,
(Wi M.) Co., Ltd:
1
Pillsbury
'8-15
30c
_____
Mallory (P. R.) ,& Co. "(quar.).—_1
Martlh'-Parry Corp,
(extra).
:
8-5
• 8- 1"
(quar.)i
2nd pfd; (quar.)—
(quar.)—
56c
8-15
8-15 i
Co.,
8%
50c
8-5
8- 5
9-1
Gas
redeemable
new
$5 .preferred
9-1
87%c
t25c
t25c
—*
——
8-15
9-
25c
Philadelphia Electric Co,,
9-15
8-19
8-31
9- 1
9- 1..
9-1
9-12
8- 3L
9-15
9-15
65c
15c
Inc.—
Convertible/preferred (quar.)/—
'42c
«
'
Franff o?1"- Preferred ' (s-a)ir__
^eepor? q^°? & Co'(see Stooh. (Franklin]}
Star
(quar.)_
1
Co., com. (quar.).
(quar.)
Philadelphia Co.> $6
40c
(quar.)
Lyons Finance Service,
8- 5
8-26
B,
1
9-
$1.12%
Telephone, $2.25 pfd.
Peoples Gas, Light & Coke Co.——
35c
(quar.)_
(quar.)____
Lyon Metal Products com; (quar.)_
5% preferred (quar.)——:—I
;
1
8-5
8-26
25c
———
"
.
8-26"
.
J25C
J25c
^undatL rT
1%
8-26-
25c
62V2c
3 % % pfd. (quar.)—
Groceteries Co., Ltd. class A (quar.)
Extra
8, 1
-
37'/2c
Louisiana Land & Exploration Co;
9- 5
8- 1
:
.
:
(quar.)
Carbonic Corp.
Lowney
8-19 -
8-15,
$1.22% /
,
50c
(quar.)
—
common
8-15
9-
55c
(qua
Pennsylvania
9-16
10- 3
8-20
9- 1
10- 1
8-31
8-31
10- 1
10- 1
25c
t25c
—
&,,Sons Co.
Co.
Lord & Taylor
9-10
.
9-
5c
25c
preferred
Palestine
8-10
9- 3
Corporation' (quar.).
Lone
9-20;'
8-15
50c /
30c:..
Salt
Class
8- 9
8-31
(James)
Loblawr
8-19'■
7-25
9-26
8-25
9-14
(reduced)—'
(quar.)
Sons, Ltd. (quar.)—.—__
Machine- (quar.)
Lionel
8-26
,
5c
(quar.)
Power
Pacific' Mills
8-25
8-15
8-16
9- 9
$1.25
10c
(quar.)_
Creamery Co. of California
Liquid
7-23
9-10, /
25c
4,
1
9-15
9- 1
9- 1
9-26
10c
1
preferred
8-
20c
$1.183/4
(quar.)______
1
31 %c
9-10
;
Gas
'
9-15
9-12,
9-30
15c
;
(initial)—
com.
Lindsay Light & Chemical Co.
*
9-30
10c
1
Light Co. (quar.)
Foundry & Machine Co.
Leslie
;■ ;■ f
'/ 40c
■(s-a)™_r-ll______.'" f'
common. (quar.)—__
Lees
9-15 v.
-
Inc.
Bryant, Inc.
Lang (John A.) &
Lanston Monotype
Lea Fabrics, Inc.
Leath & Company,
$2.50 preferred
" 8-17
9-16
-8-198-12
10--1
R.),
new
8-31
9-
!*•«-
9-2
9-2
7-18
8-30
7-21
9-10
15c
8-31
37 %c
8- 5
$1.25
9-20
50c
Tail
$3.60
7-25
8-17
10- 1
10- 1
7-28
9-10
65c
,
'
(quar.)
__:
7-28
$1.25
25c
.
_______
5
,
20c
—_____—
8-22
343/aC
35c
(quar.)
com.
(quar.) '
8-31
1
9-
8-10
(quar.)—
—1
4%%
preferred
Corporation (quar.)
5%
—
9-10
5
9-20
Extra
Co.,
—
8-
20c
8-31
9-10
8— 5
8-25
9-12
9-29
10c
8-
8-25
25c
7-25
35c
(s-a).
Co.
Power
Otter
7-29
"
Insurance-
'
(G.
Oil
Extra
8-11
8-15
(La.)—
—
Lane
9-15
$1 :1; 9-1'.
"
Cal
C.
1
8-22
35c
'_
County Lighting
Lakey
8-319-30
25c
K? °f "«Canadav;Ltd^ ■
<
N.
9-
16c
;
Life-
Company
prior
Ohio
'Ohio
8-31
$1.50
common
8-< 5
8-25
8-25
5
$1.50
.)
8-31
9-10
8t» 5
8-25
$1.31 V*
8-17
8-31
8-
8-25
$1.12%
8-8
9-1
20c
Vegetable Parchment Co. (quar.)
City Stockyards 5% pfd. (quar.)—
Laclede
9-1
2y2c
Corp.
Extra
$5
9-
8-25
$1.37%
—
Bancorporation
(quar.)
Northwestern Public Service, common-
8-17
____.
(s-a)
Brothers
Knudsen
8-16
,9-30':
1
30c
8T? 5
Corp.—
(accum.)
(accum.)__
Northwest
Oliver
Co.
Investment
preferred
8-11
$2
(quar.)
Extra
8-19
9-10
9-15*
9-10
Inc.
Sulphur
American
8*» 5
8-25
$1
A. (quar.)
ser
8-10
$1
5
8-25
25c
:
pfd.
8-10
1
50c
(quar.)';
Standard
Kawneer
8-4
'.
1
Kalamazoo
8- 4
10-17
45c
J25c
—
^5 BnSlpJUr CP-
Lake
Corp
Chemical Co. 4%
8-19
9-
8-
14c
9-1
9-
8—5
8-25
7c
Series
6%
37V2c
8-
8-25
10c
-
5%%: preferred
$1.06J/4
5
8-25
10c
—
Series
North
9-16
;
5
15c
Fund
—
8-26
1
(quar.)
Corp.
Jones & Laughlin Steel Corp.,
5%
preferred A
(quar.)_l
8* 1
8-15
8-15
^ 8- 2
10c
25c
$1.25
•.
;
PSv.
Fort pS?
Co.,
Steel'Series
7-20
10-
8-5
4c
Nopco
7-26
•
8-^5
8-25
5c
Investment
1
8-
8-
8-25
15c
Nineteen Hundred
<
•
56y4c
(s-a)—
Fund,
Estate
Kable
8-15
Coast
31c
:
Silver
Gas
preferred
Jones
Inc.
Cigar Machinery
Stock
Jefferson
7-30
8* 9
8- 1
v
490%^(quar.)-____________j-_-__:
ClaS
7%
Co.,
8-15
/'
-
8->5
8-25
9c
9-10
(increased)
Co.
Bank Group Shares
Jefferson
1
Shares, Ltd;—
International
9-15
15c
15c
Telegraph co:— ■
(quar.);
P^er ."P0*Pr.; ■
Water
Co.
Institutional
9-10
9-10
9-10
8- 6
.
;
i-~-V
•
&
9-
8-5
8-25
12c
—,
Utility- Series
Tobacco
8-5
8-25
25c
50c
Corp.,
Ingersoll-Rand
8-29
(Pghr.)
«oSd?agJ stook, Corp,
Gas
8-15
75c
preferred
Indiana
8-10
9-20
100
common
Ftif r?vaS ^0rse
Peder»
Stores
1
$1.25
com.
(quar.)
(quar.)
Humble Oil & Refining Co;__
8-10
person Kectric1 Mfg. CO., common (quar.)^ :
25c
i ^rre^^uar-)1----—; * $1.75
fttrK
;
preferred B (quar.)
Houdaille-Hershey Corp., $2.25 pfd; .'(quar.)_
8-20
8-10
XmmrA
Fur
preferred (accum.)
5%
4y4%
9-
■-
8-25
4c
Series
Railroad; Equipment
8-15
,
•
5% pfd. (quar.)
Heywood-Wakefield Co., common
9-16
9- 1
9- 7
37%c
15c
.
_
1st
8-15
25c
.
9-1
Utilities Co.—
&
Hays Corp.
9-20
9-16
25c
S ® Ferries' common
EWM*PSor Purred (quar.)
Snl/ivRubber-c0;;(quar;)_-;___—.
4%
;
Electric
9-1
50c
(quar.)
Extra
8-25
9-18
»
W65"?c°., 5^Ust pfdr (quar.)—
&ewP„1Cher C(J- (QUar.)
F6*-" Ltd-r class A (<iuar.)______
'
50c
8-5
5c
Railroad .Series
*.
25c
B
Havana
7-25
75C
(interim).
Preferred (quar.)
Public
(quar.)
Kinney
(quar.)_
iwJV;;—'——
urackett
Pacific
9-10
Extra-.
8- 3
quar.)
CO.
9-10
1
...
Kings
Houses, Inc. (quar;)
Company,
A
1
10-
8-5
8-25
14c
——
Series
10-
8-
8-25
15c
—
Fund
Series
$1.12y2
8-25
7c
Series
Machinery Series
-$1.06y4
(quar.)
of California—
Kentucky Utilities Co., com; (quar.)
43/4%
preferred (quar.)
Corp; (quar.)_
(KansasY (reduced)
Dewey & Almy; Chemical
Match
preferred
Oil Co.
9- 1
Derby Gas & Electric
Derby Oil Co.
preferred
4%%*
Hancock
5
8c
Series
Stock
Oil
1
50c
Insurance
5
8c
Bond
Metals
1
$1.50
25c
Government
8-19
9-15
8-
3-10
8-16
9-15
(quar.)
(initial
8—5
Food; Series
9-10
8-15
$1
92yac
$1.07
35c
8-5
10c
12- 8
9-15
(quar.)__
Co., common
(quar.)
9- 1
9-15
$1-
8-
8-25
Series
25c
Co.
Paper
CO
»
8-25
Series
Investment- Fund—:
25c
Watch
Hammermill
CO
10c
Bond
Diversified
'
H
8-25
Series
Corporate
Hamilton
10- 1
35c
Chemical
6-12
1
8-5
Series
Merchandising
J15c
933/4c
;
Series
12-28
$1.25 6-30-50
Corp
93%c
(quar.)—___
8-16
(quar.)
Oil
2
8-25
Building Supply Series
" 8-16
8-31
$1.25 3-30-50
9-15
Delaware & Hudson, Co. (quar.)_______•
Delaware Power & Light; 4% pfd. (quar.)__
8-16
8-31
$1.25
7-30
-
8-31
8c
■.
HO
$1.12%
Series
Stock
8-15
9-15
8-12,
10- 1
10- 1
' 10- 1
9-18
8-15
8c
Bank
8-15
8-12
'
9-
I
6c
Automobile
Aviation
8-16
1
10- 7
<
1
9-
10c
8-16
9-10
8-20
9- 1
10-
$2
pfd
IOC
8-16
9-
8-15
1
50 >
$1.50
(quar.)
8-31
—
2
8x5
Series
8-31
$1.25
2
8-
1
Stocks, Inc.—
7c
25c
(quar.)
preferred
York
Agricultural
8-31
(quar.)__
8-
9-
Gas—•
&
3c
—
45c
Dempster Mill Manufacturing ( quar.)__
Deere &
Company, common (quar.)
Special
$4.50
New
$5' non-cum.
7c
(quar.)
Kansas
(quar.)
;___
Publishing Co., $7 pfd. (accum.)-.
(quar.)_;
Curtiss-Wright Corp., common (quar,)
Co.
Electric
75c
9-15
preferred
'
Dock
50c
7-26
10-1
$1.50
$1.50
$1.75
75c
25c
8-16
$5 preferred
T 8-15
(quar.)—
8-16
8-16
8-31
YOrk
York State
Hajoca Corporation, (reduced)
8-22
9-15
11-1.
$13c
8-31
8-31
preferred
Gulf
8-12
7-26
9-1
prior preferred
7%. preferred
New
Electrical
10- 1
Curtis
A.
New
8-16
9-12
10-1
Company, 3%% preferred (quar.)
Crompton & Kpowles Loom Works, com
class
8-16
8-31
9-30-
25c
,
;—
A
8-3L
9c
Gulf, Mobile & Ohio RR., $5 pfd.
$5 preferred (quar.)—
Greensboro,
Crane
non-cum.
10c
' 12c
8c
8-10
Industry Shares;
Jacksonville
common" (interim)
$3.75 preferred .(quar.)
Cooksville Co., Ltd., class
8-16
Preferred Stock
Investors
Ltd., 50c class A
Life
Insurance, Wil¬
American
mington,
Continental
8-16
10c
1
8-15
8-15.
Newport News Shipbuilding & Dry Dock—_
York, Chicago & St. Louis RR. Co.—
6% "preferred A
(accum.)
8-31
8-31
;
9-
20c
New
5c
9c
■;
7
8-19
Extra
Diversified
$1.12ya
$1
;
8-16
9-
9
8-10
Ltd.—
Co.,
(quar.)
Diversified
Power '.
(quar.)
Corp.
8-31
1
9-
}25c
Power
10c
Common
.(quar.)
8-16
&
8-16
8-15
90c
8-31
Light
Manufacturing Co.
1
10-
40c
(quar.)
Quarterly
Newmarket
8-16
8-15
(quar.)__
8-16
8-
$1
75c
Gas Light (quar.)
Power & Light 4% pfd.
Zinc Co. (quar.)
Jersey
Newfoundland
8-16
8-31
Britain
Jersey
New
8-16
8-31
14c
Machinery
International
(quar.)____„___
B
C
common
Laundries
Consolidated
4%
8-31
New
8-16
9- 1
9- 1
40c
$1.25,
7-23
8-31
9-14
■*'
1
8-31
Consolidated Edison Co. XN." Y.)—
(quar.)__—
(quar.)__—
:.
Consolidated
Gas
Electric
Light &
8-
8-31
10-1
preferred
50c
7c
d$1.25
Common
Bedford
7c
6c
9-
New
19c
7-25
$1
8-5
7c
Stock
8- 1
9- 1
(quar.)
Co.
9-1
Casualty Co. (N. Y.) (inc.)
Storage Warehouse (resumed)
Utilities
Howard
56y4c
8- .5
12c
Bond
45c
—_—:—
(quar.)______
Co.
1
7-20
,
Equipment
20c
(quar.)_l
preferred
Connecticut Power
9-
(quar.)
9c
9-
(quar.)________
Co. (Del.)
Commonwealth Telephone Co. (Wise.)—
•70c
8-16
;
Company
8-10
8-10
Power
Amsterdam
7-28
Priced
9-15.
Investment
Commonwealth
New
8-31
Bond
9- 1
9- 1
(resumed)—_______
Wire
Collyer Insulated
Colorado Central
1
(quar.)_
common
*
New
;
15c
(quar.)——
Co.
Foil
1
9-
Co.,
preferred
Tobacco
8-15
8- 5
8- 1
8
8-
9-15
Meter
Extra
$2.40
Steel
*' 9-13
9- 1
8
8-
8-15
8-23
Railroard
3-1
8- 5
8-5
8-12
8-31
" 7-30
8-
8-15
8-23
$1.25
Petroleum
8-31
9-1
9-1
9-1
8-20
8-20
10-20
9-1
8-1
8-15
8-15
8-15
9-1
10-1
9- 1
8-15
8-15
8-20
8- 1
8-1
10- 1
9-1
9-6
11- 1
9-13
9-1
25c
1
8-31
8-31
10- 1
io- 1
10- 1
50c
$1
t$1.25
J$2
$30c
50c
N
$1
50c
2c
8%
Diamond
(quar.)___
Fully Administered
Railroad
7-27
9-12
8-31
9-15
9-15
10- 1
8-22
8-22
$1
t50c
—•;
5%
Dobbs
pfd.
Electrical Equipment
Investing
8-10
9-12
7c
Railroad
Canadian Foreign. Investment" Corp., Ltd—
Reduced
W—r
———
Canadian Oil Cos., Ltd. 4% pfd (quar.)i__
4.28%
conv.
;
General
J40c
Ltd._—
25c
_____
Food
1
8-
8-31
25c
Canada,
8-15
9-15
60c
Western
—
$1
Co.
Chemical
States Life Insurance
Breweries, Ltd: (quar.)—
Co., com. (quar.)
3.70%
Neptune
Mining
SI
43%c
—
Canadian Car & Foundry
Class A (quar.)—
$2
9-
Products of
8-17
8-26
50c
(quar.)
$1.06 %
20c
preferred
(quar.)
Brothers, Inc.
10c
Merchandising
8-1
(quar.)
(semi-annual)
$4
37'/2c
(quar.)___
Institutional Bond
$1
California-Western
6%
Neon
12c
Industrial
—
____
(quar.)—
preferred (quar.)
4%
9-2
Automobile
8-8
(quar.)
Neisner
9c
37V2c
87%c
20c
$1'
Neiman/Marcus. 414%
1
(reduced)-
5%
8-16
8-16
8-15
8-20
8- 8
___
Naumkeag Steam Cotton (quar.)
8-15
Securities, Inc.—
9-6
9- 1
9- l
9- 1
9- 1
9-1
common
9-20
10-
Payable of Rec.
Share
9-2
1
Agricultural
8-19
—
Common
,
Hydraulics.
Group
prelerred
Co.
9-15
-
Bros.,
$5
S.)
Line
conv. 2nd preferred
preferred (quar.)____
$5
(H.
1
8-31
56y4c
Building
iil%
Cochran
Gossard
1010-
(quar.)
Aviation
Spreferred (quar.)_.
Canadian
$3
10c
40c
(quar.).
Manufacturing
8-15
Fund, Ltd
Mfg. Co
Kington Mills, common
(A.
(accum.)
Holdcre
When
Per
Name of Company
10c
8"15
Juock
Co.
Gorham
Greer
6%
Co.
9-15
(quar.)
preferred (quar.)
ralifornia
pfd.
,
9"15
Shart
n
C.)
tlVzC
PiPe
prior
«vers
(H.
Brewing
Extra
47%C
20c
15c
$1.25
Company,
tier
preferred
(«uar;)
B
nnrkeye
«
9-20
8-15
conv.
Godman
8-11
tl2%c
40c
$30c
Extra
Sd
9-1
4y2%
9-26
Roller
riass
VC
9-30
75c
(quar.)__
preferred
unrden Company
PLpr
25c
25c
8-12
8- 1
8-8
.$1.50
—
common
$6
Glidden
—__
Co. (quar.)
Tobacco Co.,
Knox
v,
Share'
_
Gerity-Michigan Corp. (quar.)
Company, common (quar.)
8-12
9- 1
8-15
9-7
_
common
(Phila.)
mipr's
,
9-1
Company
Steel Castings,
45
(437)
When
Holder1
Payable of Rec.
Per
...
Name of
Share Payable o) Rec.
of Company
Name
CHRONICLE
9-15
8-15
30c
9-10
8-19
9-
1
8-12
9-
1
8-12
Co.—
87%c
$1.05
.
46
THE
(438)
8-15
8-15
9-10
quar.)
25c
"•
Fuel
Supply
30c
9-10
Class
9-
1
8-20
1
1
Coal
Oil
St
Thatcher Glass Mfg. Co.
Thrifty
9-
t
8-13
9-1
945.
6-3
6-
50c
Truax-Traer
Union
Oil
Coal
Co.
U.
Co.
S.
preferred
9- 9
Special
9-10
8-19
8-16
convertible
preferred
Chemical
Co.
Electric
Wagner
Warehouse
8-26
12-16
9-
8-31*
9-28
Warren
Petroleum
Warren
(S.
1
9-15
10-1
9-15
Aunor
9-15
9-
Austin
8-15
8- 1
9-
1
(quar.)
9-10
8-
8-
1
8-25
8-10
$1
8-25
9-15
9-
22 %c
Corp.
9-
9-
2
8-12
30c-
—
9-
6
8-19
75c
(quar.)_—.—.—
9
(quar.)
preferred, (quar.)
-3.60%
preferred
(quar.)
Barcalo
9-
1
8-15
Bathurst
8-13
Class
1
8-13
9-
d27%c
7
d90c
common—
Extra
;—
Beck
8-15
8
J
*40c
)*9-23
9-16
8-31
Class
1
8-20
Best
1
8-20
Blrtman
9-20
St
Bliss
10-20
Co.
(Phila.)
W.)
Edison
dends
Boston
Fund,
preceding table.
'
Per
Name of Company
y.
A
T
F,
y
St Paper
i
Akron
Canton
&
Alpha
&
Aluminum Co.
American
Cement
of
(s-a)
Can
Co.
$4.50
8-
1
3
9-
1
8-
9-
1
8-2
8-1
7-15
,
Clorox
2
9-12
8-
J
1
Class
7-20
8-
7-20
Inc.
preference
(accum.)—
A
*$1.75
10-1
8-15
8-
2
*62V2c
8-
1
7-21
9-1
8-17
15c
8-
25c
1
7-20
8-
1
7-20
8-
1
7-11
8-25
7-29
9-
2
8-25
8-
2
7-15
8-1
6-30
8- 1
*15c
7-15
Interim
1',
10c
*
8-
>
Class
Consolidated
-
1
St
1
Temper
10-
1
7-30
8-
St
Co.
8-15
9-1
8-3
*50c
.9-3
12V2c
8-1
87%c
9-
1
8-16
Byers
$1
8-
1
7-22
8-15
$1.25
8-
8-15
10- 3
9-15*
10-
9-15*
$1.75
50c
l
9-10
changed
8-
30c
v
to
9-15
'
*
8-15
9.15
8-
1
7-14*
45C
jq.
1
9.
8-
1
Packing Corp.,
preferred (quar.)—
Natural
Gas,
(quar.)
Bottle
7%
Co.
Smelting,
$5 prior preferred (quar.)
$5 prior preferred
(quar.)
Anchor Post Products. Inc.
8-22
Canada
1
7-15
Class
I
7-15
Canada
9-20
9-10
8-31
8-
Canada Southern
Railway
$1.25
common
75c
60c
(quar.)
$1.75'
25c
(quar.)...
75c
$1.25
common—
10c
$125
'
9-15
10-
6
$i,25
$1 50
*1'50
"co. —"~~
"
Dearborn
8-1
7-20
8-1
h-
'
7-20
8-
8-
i
Canadian
10- 6
8_
t
1U 1
2n
8-1
11
10"22
v
1-21
4%
n
i-™
Class
Class
!
$3
1
7-12
8-19
pfd.
(s-a)
10-28
10-
7
10-28
10-
7
20c
9-10
8-
5
*25c
9-15
8-15
$1.75
Corp.
(irreg.)
B
(irreg.)
A' (quar.)
preferred
7-15
8-25
8- 6
8-
1
7- 1
8-15
8- 1
8-15
7-30
8-
8- 2
8
9- 1
9-15
1
9- 6
$1.50
(quar.).
9-
1
8-11
8-
Cornell
8-
1
7-15
Coro,
8-
1
7-15
Corporate
*20*
8-
1
.7-15
15c
9-
1
75c
8-
Wood
Products
(quar.)
Inc.
8-10
5%
1
7-15
(quar.)
7-30
8-15
27V2c
8-15
33yao
8-15
Investors,
preferred
American
8-
1
7-15
(final)
Craig Bit Co.,
1
7-15
Crown
35c
8-
1
7-15
$2
8-
1
f.;
7-15
9-30
Cork
Co.
8-19
9-20
9-
9-
*25c
Crum
1
&
50c
*$1.50
8-
1
6-22
t3ic
8-
1
7-11
Culver
75c
8-
1
7-11
Dallas
Power
2
7-8
,
10- 6
Trust,
*$2.50
*6c
9-1
8-12
8-
7-15
1
*ioe
8-
1
7-11
*20c
8-15
7- 1
'
Davis
(s-a)
1
..
for
Co.,
$0.0896
75c
8-
1
8-1
10-
1
7-22
7-22
9-23
Deposited
8-
1
7-22
9-10
8-22
8-22
f-22
1
7-19
8-
8- 3
8-15
8-26
8-12
8-15
7-30
t37%c
9- 1
9- 1
8-12
$1.66 V2
9-12
9- 2
8-15
7-29
5%
(s-a)
*25c
(quar.)_
com.
25c
8-
4
8-
1
8-27
50c
9-15
*50c
(quar.)
8-15
8-12
6-23
7-18
8-
9*
,8-23*
.7-15
$1
7%
9-
1
8-12
$1.05
9-
1
..8-12
pfd.
$2
(quar.
-.
pfd.
com.
(quar.)__
(quar.)__
Insurance
9-30
9-17
9-30
9-16
$1.75
$1.25
10-
1
25c
8-
1
7-22
87y2c
,
4%%
8-15
$1.12ya
10c
10-1
,8- 1
9-15
11-15
11-
„
$1.13
35c
$1.75
25c
9-16
5
1
7-21
8-
1
7-20
8-
1
7-20
8-15
8- 1
8-
(quar.)
7-11
common
A
8-
1
*37y2c
9-
1
8-
*
*17 y2c
Ltd., class A
9-
1
8-
1
$1.25
25c
25c
stock
Denver Union Stock
35c
8-16
ordinary
(quar.)
$6 debenture
1
J
common__
Voting common
(s-a)
9-
*8y2c
common.
Leather Co.,
Mfg.
8-19
8-16
*20c
Railway & Terminal,
(quar.)___
Dennison
1
1
!
A
preferred
B
9-
25c
Ltd.,
common
Light,
Corporation,
Class
8- 5
8-19
9-
—
Davenport Water, 5% preferred (quar.)
:
*;
7-15
8-
7%
Dana
1- «
9- 9
10c
___
8-2
1
6%c
5% pfd. (quar.)_
Inc., common
3%% preferred (quar.)
Our lee Clothing, 4% %1
preferred ' (quar.)
Dallas
9- 9
75c
Press,
St
8- 8
1
$1
(quar.)
Corporation
*$1.25
7-29
8-20
10-
25c
(quar.)___
Forster, 8% preferred (quar.)
8-12
11-
8-20
8-31
8-31
Corp.—
preferred
1
2-2-50*
1
9-15
Ltd
Seal, Ltd.
9-
7- 8
1
9-
.
(quar.)„ *$1.12V2
'"7-15
*$1.25
Co.,
Cuban-American Sugar Co.,
Cuneo
7-13
:
$5
Cuban Atlantic Sugar Co.,
.
1
8-
$1.12%
class
Co., Inc.,
(quar.)*
8-29
*8-
*37 %c
preferred
St
8-
70c
Seal
Zellerbach
2nd
$4.20
7-12
1 i
25c
(quar.)
(N. Y.)
receipts
Ltd.,
&
preferred
Crown
9-16
9-20
1
25c
.
Crown Cork
$2.50
8;
$1.25
(quar.)
deposit
8-
50c
9-20
'
III
'
Pa.)
(initial)
Ltd.
Imperial Mills,
Courtaulds, Ltd.—
7-30
1
25e
Cosmos
7-30
10-
20C
Petroleum Corp., 5% conv.
pfd
The above payment clears all
arrears.
7-30
A
7- 5
;i'37%c
i-
Cosden
8-15
7- 5
1
10c
(quar.)
Corrugated Paper Box
62'/2c
1
8-
10-
Exchange Bank Trust
Quarterly
7-15
7- 5
1
8-
55C
(quar.)
Corn
7-30
t25c
preference
Administration Ltd.—.
8-12
1
50c
preferred
8-10
Investment
8-
10-
&
non-cum.
1
$250
A
8-
5%
8-15
J25c
International
9-10
preferred
Paint
1
:
8- 1
America, common
(quar.)
Varnish, common (quar.)
$3 prior preferred
(quar.)
Coon (W. B.) Co.
(quar.)
;
Copeland Refrigeration
Corp
Copper Range RR. Co.—
4%
Cook
9-15
—
non-cumulative
Capital
i
8-
*37%c
Ltd./ 5% preferred (accum.)
Canadian Investment Fund—
Canadian Investors Corp., Ltd.
(quar.)—
Canadian Oil Cos., Ltd.
(quar.)
Canadian Pacific Railway Co. —
7_22
7-20
*15c
Common
7- r
n. 1
7-20
1
$4
'
1
1
1
8-
*32%c
(quar.)
8- 8
7-20
47 %C
pfd.
Glass
25c
Safeway, Ltd., 4Va%
Common
Common
7-20
1
9-15
Foundries &
A
9-13
1
75c
(Reading,
30c
(quar.)
com.
Bronze,. Ltd., common
5% preferred (quar.)
Canadian Dredge & Dock Co., Ltd.—
9-6
11,50 1"Sl"50 >
*5«%c
'
(quar.)
—
Canadian
8-25
3
•
nreffirred
pfd.
Sugar, Ltd
Forgings, Ltd.—
1
8-
(quar.).
preferred[(quar.)
"Buy1
Dominion
98-
„
(quar.)-
&
30c
pfd.
—
preferred
37'/2c
(extra)
American Viscose
Corp., common
5%
preferred (quar.)
American Zinc, Lead St
Anglo-CanadJan Telephone
convertible
$1.12%
American president Lines. 5%
pfd.
American Smelting &
Refining Co.,
American Steel Foundries
Refining,
7-20
9-
8-
62'/2c
(quar.)—
9-
8-15
preferred
(quar.)
Container Corp. of
*38c
$1.30
Canada
common
common
7-26
75c
$4.52
*20c
Cement Co., Ltd.—
preference (quar.)
Canada Crushed Stone, Ltd
1
8-19
50c
^
Canada
Metal
Co., Ltd.
preferred (quar.)
Company,
(quar.)
Linen
(quar.)
Camden Refrigerating St Terminals Co.—
5%
preferred
(s-a)
-
(quar.)
M.)
(quar.)
com.
(quar.)
7% pfd. (quar.)—
preferred
(quar.)—
$1.20 preferred (quar.)
q.i6
10c
25c
•
...
preferred
(A.
$1.40
1
*30c
$1
6-5
9-
$1
Co.
California Water Service 4.40%
1
5.30%
preferred (quar.)
California Water &
8-31
75c
Products
Sugar
7-22
,
8-18
*30c
Telephone,
5c
Electric Co.—
American Thermos
1
,
1
25c
(participating)
California
J
(quar.)
pref.
9-30
37 %c
Co., Ltd.__
Consumers Power Co., common
$4.50 preferred
(quar.)
8-10
9-
$1.50
(quar.)
5%
9-. 1
25c
28Vic
80c
2nd partic.
preferred (quar.)_
California Electric Power
Co., com. (quar.)_
$3 preferred
(quar.)
8-26
1
12'/2c
(quar.)
Mills, Ltd., commcn
$1.50 1st preferred (quar.)
7-21*
$3
A
B
Caldwell
5
$1.50
7-23
Co. Ltd.—
Burroughs Adding Machine
Butterfly Hosiery Co., Ltd.,
7~16
8-20
(annual)
,.
preferred
&
Class
8-8
'
4c
was
common
Byron Jackson Co.
8-31
Burns
Class
quarterly
Home
Co.,
preferred (quar.)
Buckeye Steel Castings, common
6%
preferred (quar.)
Bullock's Inc., 4% pfd. (quar.)
9-8
8-15
Mfg.
4»/2%
7-21
common.....
name
Brunner
1
1
Corp.
Furniture
9-15
8-
75c
Hoe Co.,
July
Gas
1
8-15
1
8-15
*25c
Consolidatcd Edison Co. of N. Y.—
$5 preferred
(quar.)
7-15
Consumers
10-
7-30
7-30
8- 1
37 %C
'•
7-22
—
8-15
8-15
9-
Industries—
8-
(accum.)—
(quar.)
1
50c
(quar.)__
20c
preferred
7-14
""«<* 25C
Chemical
A
Consolidated Paper Co.
Consumers Gas Co.
Co.
8-25
8-
$1.06
l
Consolidated
K.
,
7-23
Rubber
9-10
8-15
quar.)
Connohlo, Inc., 40c preferred (quar.
Consolidated Bakeries of
Canada, Ltd.—
7-26
Co., 6%
9-16
18%c
preferred (quar.) _:
$2.20 preferred (initial
Trust
Brown
1
*
$2
Bronxville
7-20
8-16
10-
9- 9
*
$1
it."
(quar.)_
7-16
1
*5c
7-29
Y.)
1
$1.06 Va
(accum.)
Congoleum-Nairn (quar.)
Connecticut
Light & Power
Connecticut River Power, 6%
Connecticut Pcwer &
Light—
$1.90 preferred
(quar.)
7-12
1
8-
9-
'
7% preferred
Conduits National Co., Ltd
1
1
'
(quar.)_
Increased
.8-
10-
%c
Concord Gas,
25c
7-20
25c
Edison Co.
(quar.)
Commonwealth International
Corp., Ltd.—
1
8-15
'
Commonwealth
7-25
7- 6
12-15
50c
Commoil, Ltd.
7-15
7- 6
I
87 %c
8-
8-
1
8-
*
9-
8-
(quar.)
50c
8-15
8-
9-20
55c
Columbus St Southern Ohio Electric—
4%% preferred (quar.)
1
9-10
(quar.)
common
7-15
8-15
1
12-31
*20c
7-15
7-29
10-
8- 1
*20c
7-15
7-29
8-3
*6c
1
7-12
8- 1
8-15
20c
1
1
8- 1
8-20
4%
com.
1
8-15
8-15
30c
8-
8-15
1
8-20
8-20
30c
8-
8-
9-
35c
dividend)—
8-
1
8-10
8-10
s-a)
preferred
*25c
7-20
1
1
$1.37%
(quar.)
Columbia Gas System, Inc.
(quar.)
Columbia Pictures Corp., $4.25
pfd,
Columbian Carbon Co.
(quar.)
1
1
9-
9-
*30c
1
8-31
9-15
Ry.
:
10-
conv.
7-15
1
8-
$2
(quar.)
Colgate-Palmolive-Peet,
5%
8-15
8-15
35c
$3.50 preferred (quar.)
Colorado Fuel St Iron Corp.—
8-31,
9-14
10-
50c
8-15
1
8-20
15c
(quar.)
$1.20 preference (quar.)
Cockshutt Plow Co., Ltd.
1
(N.
8- 5
(quar.)
8-
Co.
8-15
$1.12%
7-26
*$1.50
(reduced)
9- 8
(monthly)
7-25
Telephone Co.-
Co
7-22
10-14
20c
Co.
8-
Class B
1
20c
Inc.
1
*$1.75
2nd preferred
7- 8
1
8-
(quar.)
5
50c
(s-a)
1
9-
50c
25c
8-
*50c
Ltd.
8-
25c
$1.25
8-
16c
(quar.)
7- 7
common
(increased
9-
70c
(quar.)
8-16
1
$1
25c
50c
—
1
8-
Breweries, Ltd. (quar.)
Cochrane-Dunlop Hardware, Ltd.—
25c
(quar.)
9-
Coast
8-26
75c
Chemical
7- 1
15c
(quar.)
Industries,
Monthly
Monthly
8-17
9-15
*25c
35C
Illuminating Co.,
Clinton
7-25
9-
Electric
preferred
8-16
50c
Fork
Increased
4%%
Cleveland
r
9-
9-15
1
8^1
$1.25
Co.,
common
10c
Shares
American-Marietta Co.
8%
3
10-
7-20
10-1
20c
5%%
preferred
(quar.)_.
City Stores Co., com. (quar.)
Class A (quar.)
Clary Multiplier Corp. (stock
12-13
7-15
1
67% c
(s-a)
City Investing Co.
8-
1
50c
37V'2c
Corp. (monthly).
American Insurance Co.
(Newark, N. J.)—
6%
Co.
J25c
Co
Chicle Co. (quar.)
Equitable Assurance Co. (N. Y.)—
Increased
American
preferred
8- 1
*
25c
& Texas Pacific
com
(reduced)
$3
Canada, Ltd.—
(quar.)
Business
True
■
1-2-50
50c
7-29
8- I
3%
Co.,
Motor
25c
Ltd.
Effective
4%%
American
8%c
7-15
7-15
18-3L
40c
dividend
Brockway
30c
____
Semi-annual
American
Stock
7-15
_—
(quar.)
__
American
83Ac
9-
-Citizens Utilities
75c
(quar.).r
preferred
(quar.)
Brown
(quar.)—___.
American Car St Foundry
Co., com.
7%
preferred (quar.)
American
8-19
1
15c
.
(quar.)
American Airlines Inc., 3'/2%
pfd. (quar.)_
American Book Co. (quar.)
American Bosch Corp., 5% pfd.
(quar.)
American
5>-19
8-10
1
25c
preferred (quar.)
*15c
_
(quar.)
Amalgamated Sugar. 5% pfd.
American
9-15
9-15
5%
1
50c
Co
preferred
Aluminium,
American
9-20
8-
$2.50
Company
Portland
American
Milling Machine
(quar.)
8-
Youngstown RR. Co.—
Steel
S.)
American
1
1
8-
25c
preferred
50c
Vlcksburg Ry.
Cast
(A.
4%
*21c
6%
preferred (s-a)
Alberton Corporation
Alabama
8-
1
./
_.
$3
Co.
British Columbia
$-"
•
8-10
*5c
(quar.)
(quar.)
Broadway Department Stores, com.
Corp.-
Agnew-Surpass Shoe Stores, Ltd
Air-Way Electric Appliance Corp
6%
i
1
10-
Co., Ltd.—
7%
9-
9-
56 %C.
Inter-Terminal RR. Co.—
preferred (s-a)
4%
7-11
$1
50c
British Columbia Forest Products,
British Columbia Pulp St Paper
.7-29
6%
dend!
4%
8-15
Co., Ltd.—
preferred (called for rederanAug. 1 at $37.50 plus this divi¬
on
Adams-Millis
Alloy
Holdert
Payable of Reo.
,25c
prior
tlon
Aloe
When
.Share
.
.
Abltibl Pov/er
$2.50
*
Inc
Cincinnati
1
—
Cincinnati
7-15
8-
,20c
(Mass.)
20c
Boston.Real Estate Trust (quar.)
Brantford Roofing Co., Ltd
.
5
2
8-15
$1
common
30c
1
Ribbon
Boston
announced this
Electric,
(quar.)
8-10
1
8-31
85c
—-
*$1.50
(quar.)
(quar.)—
Electric
weeks and not yet paid.
The list does not include divi¬
week, these being given In the
7-
8-
9-
9- 1
13c
(N.
St
preferred
8-15
8-25
25c
(quar.)
(quar.)
25c
Corp., Ltd., 5% pfd. (quar.L.
(Sidney) St Co. (quar.)
I
Booth Fisheries Corp., common
(quar.)
4%
preferred (quar.)
give the dividends announced In previous
we
4%
7-30
9-15
$1.25
pfd. A (quar.)
conv.
Bank
Cincinnati Gas
8-12
-
Blumenthal
Below
B
1
$1.05
Chilton
8-1
$1.05
Co.
Company
(E.
Blue
5%
7-20
8-15
9-30
8-15
8-31
75c
$1.18%
(quar.)——
Blauner's
1
7-20
1
Corp.
Sons^ Ltd., cl. A (quar.)
B
9-
11-
7-21
1
$1.50
(quar.)
com.
preferred
National
Trust
11-15
7-11
8-10
50c
50c
9-
25c
<
Shoe Corp.,
Watch
10-1
25c
25c
1
8-
20c
(quar.).
Benson & Hedges, $2 conv.
pref.
Bertram (John) &
•
10-10
-
$1.25
(monthly)
——
8-
9-
(quar.)
preferred
Aircraft
Benrus
5
56y4c
Extra
8
Ltd.—
_—
3
9-
S.)
7-
1
._
(quar.)
(quar.)
Belding-Corticelli, Ltd., common
7%
preferred (quar.)
Belding Heminway Co. (quar.)
Belmont Iron Works (quar.)
Beech
10-17
9-
(A.
4%%'
Inc.,
:
I
Cotton Oil (quar.)
Company (quar.)
Chrysler Corporation
;.
5
8-1
40c
9-19
9
7-
8-
(quar.)—.
8-9
1
8
8-15
8-1
J12y2c
*12'/a C
Corporation
8-
9-28
7-
Paper Co.—
1
9-28
7-25
1
quar.)___,
Chickasha
15c
(quar.)
1
9-
1
8-
*37'/2c
Power &
A
Bayuk Cigars,
$1.25
7-15
7-29
$1
Beaux-Arts Apartments, $3 prior pfd.
$6 1st preferred (quar.)
8-
1
9.
50c
Y.)
(quar.)
Chatco Steel Products,
Ltd., 5% pref (s-a)_
Chesapeake St Ohio Railway Co.—
3%% conv. preferred (quar.)
Chicago- Corporation (quar.)
;
Chicago Yellow Cab Co
Chicago, Wilmington St Franklin Coal (quar.)
7-15
75c
8-9
50c-
—
—
(monthly)
8-
30c
*10c
(quar.)
8-15
1
5%
Chase
0-1
Estate
1
50c
Investment
Cincinnati, New Orleans
(quar.)
9-15
10-31
8-12
8-1
1
1
10-15
$1.12%
Corp. (quar.)
Corp.—
convertible preferred (quar.)
Store
Quarterly,
Chase Candy Co.,
8-12
9-1
*5c
1
9-
d$1.50
_—
1
8-
9-
50c
7-38f
9-
9-
25c
50c
West
4% %
Chain Store Real
8
8-12
9-12
Ltd
South
&
Chain
$1
9-
95c
Central
8-15
1
l
(quar.)
Central Power St Light (Texas)—
4%
preferred (quar.)
7-29
8-15
8-
preferred
9-
$1
10- 1
87 %c
3.40%
9-39
.__
1
9-
9-15
5
9-
1
$1
common—
Central Hudson Gas St
Electric, com.
Central N. Y. Power Corp.—
7-29
1
8-
Corp.
9-1
50c
9-1
10-
1
(quar.)
RR;__
Mfg. Co., $4 pfd.
9-1
50c
Common
pfd.
1
9-
•-
Barnsdall Oil Co.
$1
("monthly)
Common
9-
10 ^
$1.50
__
-
9-
25c
—
6%
t Quarterly
Wright Aeronautical Corp
Wrigley (William) common
4%
(quar.)
—
1
8-
Foundry Co., 5% preferred (quar.)
Central Hollywood
Building___________
._u
8- 5
9-1
*25c
RR
this dividend)
Wisconsin Electric Power Co.—
Lothrop
5
9-
—
7-20
50c
—
St
8-
12.
50c
Central
Diced
Locomotive
Baystate
preferred (quar.)—_
Wool Combing Co. of Canada,
of
Service Co., Ltd., common
(quar.)
Corp., $2.25 conv. pfd. (quar.)-
A
Mfg.
1
$1.12
_
5%
1
common)-
Electric
9-20
—
Woodward
5
9a
a-
37%c
St
common
(Initial)
4,20% preferred (initial
Central Cold Storage Co
&
20c
common
Oil St Snowdrift $4 pfd.
(quar.)
Westinghouse Electric common
(quar.)—
31/2%
preferred A (quar.)
3.80%
preferred B
(quar.)
Whitaker Paper Co.
.
Mines
8-
3c
Wesson
Common
Point
Line
35c
__;
(quar.)
Weeden St Company—
4%
convertible preferred
8-
12 %c
share
Works, 7% pfd. (quar.)
Baltimore
Porcelain Steel Corp.—
7% preferred
(quar.)
7%
preferred (quar.)
Baltimore Radio Show, 6% pfd. (called for
redemption Sept. 1 at $11 per share, plus
8-15
1
9-
9-20
Corp
D.)
1
75c
Co., Inc.—
convertible prior preference
Baldwin
1
10c
(quar.)
9-
Co.)__—
When
PayabU
37V2c
New
stock
com.
(quar.)
(Vath
Electric,
Nichols
Class
Avco
8-10
25c
(quar.).
Auto
5
8-20
50c
—
Gold
$1.20
8-18
1
50c
$1.75
(initial)—
(quar.)
Company
preferred (quar.)
$4.50
10-
75c
Corp.
West
Coast
15c
(reduced)-
Terminal
&
Ac
City
55c
common.—
Van Norman Company
Vanadium-Alloys Steel
8-5
___
—
Winding Co.,
1
Refining Co.—
4% conv. preferred A (quar.)
$1
3.75% preferred B (quar.)
93 %c
Atlas Plywood
Corp
37 %c
Atlas Powder Co., 4% conv. pfd. (quar.)—
$1
Atlas Steels, Ltd.—
*25C
Ault & Wiborg Proprietary, Ltd.—
5y2%
pref. (quar.)
*$1,37%
5
8-
9
1-3-50
50c
22 %C
56'Ac
Co.
9-
(quai*.)
Caterpillar Tractor Co.—
Atlantic
5
8-
of
America
;
dividend
Atlantic
7-20
1
8-
8-16
$1.75
,
(resumed)
com.
12-19
—
.
_
Universal
share
of
•5% preferred <quar.)__
Atlanta
8-30
75c
(quar.)
Oil
(%
Atchison; Topeka ft Santa Fe Ry.
50c
Corp., new common
preferred (quar.)
Universal Consolidated
Vick
6-2tt
25c
Steel
90c
6-1(1
8-31
$1.25
(Mass.)
(increased)
12-19
12-23
50c
common
dividend
Atlantic
Co. (extra)
(quar.)
Spring & Bumper Co.,
7%
6- 6
8-31
93 %c
A
Card
Potash
4%%
U.
«-IS
50c
Playing
S.
6-11
35c
(quar.)
Extra
S.
6-M
9- 2
of California—
Co.
preferred
U. S. Pipe St Foundry
U.
9* 2
60C
Engineering St Foundry common
7%
preferred (quar.)
U. S. Lines Co., common (quar.)
4%% preferred (s-a)
S.
7-29
25c
—
United
U.
8-13
12 %c
(accum)
(quar.)
Union Street Railway, New Bedford
$3.75
7-26
25c
(quar.)—
1
6c
$2.40 pfd.
9-30
12-23
pfd.
4% ■ preferred
(quar.)_;—
Carson, Pirie, Scott & Co., 4%% pfd.
(quar.)
Castle (A. M.) & Co. (quar.)
9-23
$1
—
Power
Carrier
7-22
$3
(quar.)
common
*
6%
Light, common (quar.)__
Carpenter Paper Co., 4% pfd. (quar.)
7-12
1
8-
—
6-15
50c
20c
;---
Inc. (resumed)
(St. Louis) (quar.)
Stores.
Corp.
Drug
Insurance
Title
Co.,
Carolina
7-12
1
8- 1
Argus Corpcration, Ltd., commcn.
*15C"
*%%-' convertible preferred (quar.)
$$1.12 y2
Arizona Edison Co.r $5 preferred (quar.)
$1.25
Artloom
Carpet Co.
(quar.)——
25c
Asbesfoe Corp., Ltd. (quar.
*30c
Associated Chain Stores Realty Co. (initial) :
l©c
Associated Dry Goods Corp., commons (quar.)
4«c
6% 1st preferred (quar;)
$1.50"
7% 2nd preferred (quar.)
$1.75
Associated Telephone Co., Ltd.—
4%% preferred (quar;)
*22%C
8-13
15c
Pacific
8-
$1.12 y2
$1.12 V2
$1
Co.,
Diced Cream
Stock
7-29
50c
—
"
Texas
7-18
(s-a)
Participating
B-15
99-
18C
(reduced)—
Talon, Inc.
Tampa Electric Co.——
—
Taylor & Fenn C®. (quar.)—
Television Fund, Inc. (irreg.).—
1
50c
$3 participating preferred
5
8-
6-15
*20c
Gas
Propane
of
6-20
1
9-
8-15
*60c
.Syracuse Transit Corp.
8-
Per
share
„
Name of Company
Capwell, Sullivan & Furth,
6% preferred (qua*;.)
7-18
62y2c
„
Cream ofvAmerica Co.
(quar.)
partic preferred
A
Stock
Ltd.—
Extra
Suburban
Farms
8-19
25c
(quar.)^
Corp.
Mills
1
(quar.)
preferred
Arden
8-19
9-10
20c
Co._i
Oil Co.,
(D. A.)
i2y2c
8-
'
60c
Weils
Btruthers
yStuart
6%
8-18"
25c
State
Cotton
Common
1
8-ld
I
9-
Arcade
9-
9-15
$1
3
Holdera
When
Power—
7-20
9-15
87 %C
Railway Equip. Mfg. Co.- (quar.)
Steel Spring- (increased quar.)—
Standard
Appalachian Electric
Monday, August 1, 1949
Payable of Reo.
Inc.—
preferred (quar.)
$4.50 preferred (quar.)
Appleton Company
9-
1
8-
CHRONICLE
Share
Trap Co. of America,
Common, (quar.)
B% preferred (quar.)
8-15
9-15
30c
(quar.)
comon
of California.(
Co.
Oil
Standard
iStandard
8-31
8-15
$1.10-
(quar.)
preferred
$3.50
6-5
20c
Inc.
Brands,
Standard
9- 8"
of Company
Animal
4y2 %
(quar.)—
preferred
$4.4%
8-
25C
(quar.)
Common
1
8-12
$1.
FINANCIAL
Per
Name
Payable of Rec.
25c
75C
&
Holdere
When
rer
Share
Name of Company
Sivyer Steel Castings
——
Socony-Vacuum Oil Co., Inc.
(quar.)__
Soundview
Pulp Co.
(quar.)
—
Southern
Railway Co.
(quar.)
Southwestern Electric Service—
COMMERCIAL
(quar.)
Yard
Co.
$2
(quar.)
Shares, series A
Detroit-Michigan Stove, 5% pfd. (quar.)
5% preferred (quar.)
8-15
8-15
8-15
7-25
8-15
7- 1
8-10
11-15
11-10
8-
1
60c
9-
1
5c
8-
1
50c
50c
7-25
7-25
•
THE
Number 4825
170
Volume
When
Per
Share
of Company
Name
COMMERCIAL
75c
75c
75c
9c
-
9-
8-
1
9
S-l-50
&
Godman
25c
8-
1
7-14
8-
2
7-15
8-
(R. C.)
Goodall
Rubber Co.
-
(quar.)
Co., common
Cup
e
—
7-25
7-15
9-10
Manufacturing Co. (quar.)
Credit Corp., 5% pfd. (quar.)
KSiSez Oil Fields (monthly)
Dominicn & Anglo Investment Corp., Ltd.—
9-10
Grace
8-
Grafton &
10-
8-31
Coal Co., Ltd.
prefeired (accum.)
7-15
8-
7-15
Great Lakes Dredge 6s Dock (quar.)
Great Lakes Engineering Works
7-15,
Great
8-
10-
Great
West
Coal
Co.,
Great
West
Felt
Co.,
8-15
8-
7-
9-15
8-15
Griess-Pfleger
1
7-
Guantanamo
8-
1
7-15
$1.25
.—
J15c
+t5c
15c
..
8-15
12-
1
11-15
9-
1
8-19
8-
8-15
Hal!'}
1
1
6-30
8-
1
7-15
9-
9
8-19
9-30
9-20
8-15
8-
9-
1
12-
1
Hartz
Hat
8-
1
7-15
11-
1
10-14
10-
1
9-
2
1
9-
2
7-14
8-
1
7-15
8-
1
7-15
8-
1
7-
8
9-21
9-
1
8-12
8-
1
8-
9-
$1.25
8-15
8-15
20c
8-15
8-15
7-29
1
$1.25
9-
1
8-13
$1.25
12-
1
11-15
$25c
8-
1
7-
8
$25c
11-
1
10-
7
Faber, Coe 6s Gregg, Inc., 7ft
$1.75
pfd. (quar.).
$1.50
(quar.)
50c
Falstaff Brewing Corp., common (quar.)
4,/a% preferred (quar.)
$0.185625
8-
1
7-15
Fairbanks"Co., 6%
8-
1
7-18
8-29
8-13
•
Farmers &
:
(quar.)
preferred
N.
Common
Life
Insurance
(accum.)
(quar.)
8-16
&
Light
preferred
Howe
8-11
8-18
$$4.12
—
7-18
10-
1
pfd.
8-
1
9-15
9-
6
$2.50
9-15
9-
6
9-
1
8*15
9-
1
"
7-16
$2.50
$1.12 ft
(quar.)
$1.50
$1.50
;
Co.—
*"
-
;12- 1
{
-
9-
$1.12ft
(quar.)..—;
3%ft
preferred
&
Machine,
Extra
93 %c
com.
8-
1
8-
1
7-20
(quar.).
8-
15c
1
Corp,
6% prior preferred
(quar.)
Freiman (A. J.)
Ltd.,- common
4ft %
Gabriel
Company,
steel
Gair
5%
$$1.12ft
prelecred
6ft
preferred
(quar.)
7-15
12ftc
—
8-
1
7-15
(reduced)
Corp., common
A
1
9-19
8-
1
; 7-22
Pcods
C
Corp.,
preferred
25c
11-10
8-15
7-25*
1
7-11*
87ftO
Outdoor Advertising
Preferred (quar.)—
Corp.
8-
8-15
7-30
8-
1
7-
$1.25
8-
1
7-11
8-
1
7-11
9-10
8-20
35c
Co., common—
8*
8-
1
37ftc
8-15
8-
1
$1.50
8-
1
6-30
$1.37 ft
8-
1
6-30
$1
8-
1
6-30
$1.50
(quar.)
Public. Service, $6
preferred
$5.50 preferred
(quar.)
(quar.)
_
(ouar.)
8-15
20c
preferred
7-18
8-
1
7-
10c
9-
1
8-22
$1.25
'
"
Ficicneu
oings &
Gw
7-15
8-15
$ $1.25
5%
r-.
8-15
120c
"o
vquar.j
a,
A-) Go-. 5% preferred (s-a)_—
Lewis Machine Tool Co.—-
Preferred
(quar.)
.
7-20
1
50c
50c
93%C
.!
(quar.)
$3.50
8-
8-
1
8
7-20
$1.27 ft
8- 1
7-20
25c
11-30
11-25
•
8-
1
25c
8-
2
.
7-
1
7-21
1
1
7-25
9-30
1
10-31
7 ft
8-
1
8-
1
8-
a-
3
1
7-15
8-15
7-25
8-15
7-25
8-16
8-26
9-30
9-20
10-28
10-18
1
7-15
8-
9-
8-19
9-
8-19
8-
7-
1
6ftft
8-26
8-
2
Link
9-27
9-
2
Little
9-27
9-
2
8-
6
8-
1
8-
1
7-15
.
8-10
1
10-
1
1.75
8-
7-15
"7-2?
8-10
7-20
8-15
8-
1
9-
1
8-
1
290
8-
1
7-20
112c
10-
1
8-17
8-
1
7-15
9-15
8-25
preferred (s-a)
(quar.)
(initial)
6ft
—
Co. .(quar.)
1
8-
6
9-
1
8-
6
Loew's Boston
8-
1
7-20
8-
1
1
-
8-
Telephone Co.—
a quarterly basis
Investors Trust Co. of Rhode Island (special)
(quar.)
-—-—-
(increased quar.)
■
1
..
7-15
9-
8-
8-
7-11
(quar.)—
8-
-7-11
,
7-11
8-
9-10
8- 1
8-10
9-10
9-1
1
7-15
6-30
9-10
.30c
$1.12y2
$1
8-22
12-31
9- 1
8-15
30c
$1.75
$60c
7-29
7-20
7-20
'« 10-31
8-
5
5
7-
5
8- 1
8- 1
7-
8- 1
9-1
9-15
7-15
10-15
"8-12*
9-
1
9-ia
9-29
9-20
$5
8- 1
7-13
8- 1
8- 1
7-19
25c
30c
7-19
8-15
-8-10
9- 1
9- 1
12- 1
9-10
8-25
20c
8-1
8-31
8- 1
8- 1
7-15
8-25
8- 1
8- 1
,8- 1
7-11
7-18
7-11
Ltd.
J25c
Jersey Central Power & Light Co.—
•
4ft
preferred (quar.)
;
$1
Jewel Tea Co., 334ft preferred (quar.)
933/4C
Johns-Manvllle, 3y2% preferred (quar.)—.87y2c
B
(quar.)
1
8-
quar.)
2-21
9-10
8-23
12-10
11-24
8-10-50
2-21
7-30
7-20
<
8-31
(quar.)
(quar.)
10-
8-20
9-20
0-21
1-2-50
$2
1
12-27
1
$1
8-
150
8-
1
7-18
lOo
:
8-
1
7-18
10-
1
9-20
1-1-50
12-20
7-15
Dock
62ftC
(quar.)
Baltimore
Hotel
2nd
non-cum.
C2ftc
—
62ftc
—*
common
*
preferred
5%
non-cum.
Louisville
6s
preferred
Nashville
7-25
8-1
7-22
$1.Q0
8-
1
7-11
«
Woodworking
MacKinnon
11-10
7-25
7-15
9-12
11-15
«
8-1
8- 1
•
<t
8-25
18-25
8-1
8-1
8-15
Co.
Structural Steel
V
8-
1
$2.50
8-15
8-
i
88c
9-12
8-1
50o
(quar.)
8-15
$1.06
10-
8-1
1
9-15
12fto
8-15
8-
100
4!4%
preferred (quar.)
Lynch Corporation (reduced)
Lytton's (Henry C.) Co
M
1
(quar.)
(M.) 6s Sons, Inc., com.
414% preferred series A (quar.)
Lucky Stores, Inc. (quar.)
Lukens Steel Co. (quar.)
Luzerne County Gas 6s Electric—
6s
7-25
8-
$3.50
—i-J'
(s-a)
RR.
3-20
$1.75
$4
Lowenstein
M
4-1-50,
8- V
$1
—
(quar.)
(s-a)
8-15
7-29
$1.86 ft
8-
1
5
7-15
20c
8-15
8-
5
200
8-15
8-
1
25c
8-15
8-
1
$$1.25
9-15
8-31
(quar.)
Co., Ltd.—
preferred (quar.)
Macy (R. H.) 6c Co., Inc.—
4 ft ft
preferred A (quar.)*.
Magor Car Corporation (quar.)
$1.06 ft
8-
1
7-
7
9-30
Maltine
*
9-15
8-15
23c
Company, common (increased)
Manitoba Sugar, oft preferred (accum.)
Marine Bancorporation (Seattle)—
Initial stock (quar.)
Fully participating
(quar.)
Marshal Field 6s Co. (quar.)
Mastawippi • Valley RR. (s-a)
May Department Stores, Co., com. (quar.)
$3.75 preferred (quar.)
$3.75 preferred (series 1947) (quar.)
$3.46 preferred (quar.).
Mayfair Investment Co. (Los Ang.) (quar,)
Maytag Co., $3 preferred (quar.)
$0 1st preferred (quar.)
McArthur Chemical Co., Ltd.—
5ft -preferred
(quar.)
McCabe Grain Co., Ltd., class A (quar.)—.
8-
5
$$3
1
0-18
8-
1
7-20
40c
8-
1
50c
—
10-
40c
—
7-31
7-20
7-15
1
$3
8-
1
7-
75c
0-
1
8-15
93 %o
9-
1
8-15
93 %C
9-
1
8-15
85c
9-
1
8-15
—
$1
8-
1
7-28
75c
8-
1
7-15
$1.50
8-
1
7-15
1
7-
$25c
8-
8
$ 15c
8-
1
7-15
HOC
Class B
8-
1
7-15
7-15
50C
8-
1
43ftc
Corporation
(quar.)
McClatchy Newspapers
7% preferred (quar.)
—
7% preferred (quar.)
McCcimick 6s Company, 5ft preferred (s-a)
McGraw Electric Co. (quar.)
Mclntyre Porcupine Mines, Ltd. (quar.)
McLellen Stores Co. (quar.)——
Mead Corporation, common (reduced)
4 ft %
preferred
(quar.)
9-
1
43 %c
12- 1
^
_tl-T
$2.50
3-
1
7-
75c
8-
1
7-16
$50ftO
9-
1
8-
37ftc
1
2
8-
1
7-12
25c
9-
1
8-
5
$1.06 ft
9-
1
8-
5
(quar.)
50c
9-
1
8-
5
Meadville Telephone (quar.)
Meier
6s
Frank
Co
37ftc
$2
2nd
preferred
Melville
30c
5ft
87y2c
$4
8-23
11-24
•4
McCall
on
„
75c
Canada,
dividend
7-
9-
$2
5ft
7-31
' 8-31
8-1
8- 1
$1-06'A
4 Va ft
preferred series
preferred (o-a)
1
-
preferred. (quar.)
preferred (quar.)
Common
9
30c
(increased
7-14
8-
Louisiana Power & Light, $6 pfd. (quar.)*
Louisville, Henderson 6s St. Louis Ry Co.—
7-11
8-
30c
30c
(quar.)
Quarterly
com.
1
...
Louisiana 6s Missouri River RR.—
7% gtd. preferred (s-a)
1
37Vfec
on
preferred A (quar.)
preferred B
Knitting Mills of
7%
7-25
8-20
8-
Investors
Jantzen
7-14
8-
9-30
Theatres
5%, preferred
Lord
6-30
+75c
(quar.)
common
10-24
1
1
*
Lorain Coal &
6-30
8-
7V2c
25c
40c
Ltd.—
preference (quar.)
■Mfg. Co.
7-23
1
$2
Extra —"
12-20
t$l 75
t83/4C
Corp.
Investment Foundation,
Jaeger Machine Co
Jantzen Knitting Mills,
1
8-
'
.
Co.—
(quar.)
Participating
811-
50o *
*
9-
12-30
1
8-
8-10
600
preferred
5ft
1
,
(quar.)
Lock wood-Dutchess, Inc.
25c
X
9-
500
monthly)—*:
8ft
5ft
8-25
500
Co.—
8-12
1
7-20
6-SO
9-10
t$4
(monthly)
(monthly)
2
1
7-31
9-10
$1.10
12-10
$1.10
$1.10 3-10-50
9-12
3o
—
8-
9
7-23
8% preferred (quar.)
9-20
7-29
$1
Common
8-
8-10
Co.
7-15
9-
7-
8-15
1
(quar.)
RR.
8-26
"
preferred
Iowa Southern Utilities Co.
Co.
Miami
1
17c
2c
Group
preferred
Belt
(increased
8-15
7-15
1
1
(accum.)
9-10
Corp.—
convertible preferred
preferred
Common
9-30
1
8- 3
9-
*
-
8-
8-
-
preferred
(quar.)
(C. W.) & Company—
Lock Joint Pipe
9-12
7-15*
87ft0
common.—
guaranteed
8-12
1
9-
30O
*
Original capital
Original capital
Original capital
7-22
8-15
8-
30o
Co.,
(quar.)
Extra
Quarterly
Printing
Special
8-
8-15
30c
Insurance
7-12
1
7-29
1
(quar.)
(quar.).
1
8-10
9-
(quar.)—
8-
7-19
8-31
35c
Y.)—»
(quar,)*.*.
Life
Lincoln
$3.50
1
8-
$$1.75
guaranteed
9-
9-15
1
8-10
$5o
(quar.)
guaranteed
1
45c
$1
10c
$3
50c
66 7/12c
20c
Intcrtype
2nd
12-21
9-
Co., Ltd.—
Special
Special
8-15
—-
International Utilities Corp.
8ft
9-21
12-28
60c
50c
25c
56y«c
50o
$1-25
$1.25
20c
J25c
common
Johnson,
9-27
$1.12 ft
31ftc
7-30
8-
$1
Corp., common
(quar.)
preferred (quar.)
Business Machines (quar.)—'
&
8-10
7-11
$1.12ft
—
(quar.)
7-30
7-20
Johnson
1
1
10c
8-15
8- 1
5ft
98-
1.50
8-15
-
8- 1
Fireman
50C
—
Laboratories, $1.16 pfd.
Lindsay
10c
Iron
8-23
J40o
Common
—
7-
Participating
7-U
-—
(quar.).
Woods Milling
National
8
-7-20
Now
1
9-12
*
Lincoln
8
(quar.)_
common
Railroad
convertible
8-
50c
56ftC
(quar.)
$1
B'eachery & Dye Works—
Lansing Company (quar.):
30o
Laura Secord (see Secord Laura
Candy Shops)
Lee Rubber & Tire Corp.
50o
(quar.)
Lees (James) Sons, 3.85% pfd. (quar.) —
96fto
Legare Co., Ltd., 6ft pfd. (accum.)
t$2
50C
Lehigh Portland Cement Co. (quar.)
Leitch Gold Mines, Ltd
$2C
Lerner Stores Corp.
4ftft
preferred (quar.)
$1.12ft
Lewis
*36o
Brothers,
Ltd
*
Libby-Owens-Ford Glass Co. (quar.)
75c
Life Savers Corp
40o
Liggett 6s Myers Tobacco Co. (quar.)
$1
7-15
8-15
7-15
6ft
7-15
$1.60
Lamaque Gold Mines, Ltd
Lane Bryant, Inc., 4ftft
pfd,
7-14
8- 1
9- 1
10- 1
-
8-15
1
(quar.)
preferred
Lakeside
7-20
6-21
6 ft
8-25
8-
(quar.)
preferred
the
Common
7-27
11-11
7-29
26c
34%c
Semi-annual
Lake of
7-J5
8-15
8-20
COO
Co.
(quar.)
Lafayette National Bank (Brooklyn, N.
8-10
8-
8- 1
Stock
$1.25
9-
10-15
$1.25
25c
7ft-preferred ($100 par) (quar.)
7 ft * pefcrred ($5 par)
(quar.)—
11-10
11-25
*(quar.)
_
*4. prefeired
11-25
$1
50C
(s-a)
common
r,^a} lron Works, 7% pfd. (accum.)
General Metals
Corp.
General Mills, Inc.
(quar.)_™H
General Motors
Corp.
$5
preferred (quar.)
Paint
1
3-22
8c
Laclede-Christy
International Resistance Co.—
~
(quar.)
rJS35, Prefei'red
neral
8-
8-15
9-15
.<*£500
(accum.)—
pfd. (quar.)
International Holdings, Ltd,——
International Nickel Co. of Canada, Ltd.—
7-18
10-
9-15
1
7-
International Harvester 7ft
6-28
1
•
7 Vac
(quar.)
(s-a)
rlf c,onv- Preferred
General
Genera
1
8-
IOC
common
PoI!era} £able CorP-
$3.50
8-
15c
12-22
4-1-50
Mines, Ltd. (resumed)
Mfg. Co., Inc.—
7-
(quar.)—
International Educational Publishing
.
$1,06 ft
1
10-
$25c
4y2ft
7-20
1
$2
Co.,
(quar.)
Co.,
com.
common
Silica
1-2-50
(quar.)
preferred
25c
(quar.)
(quar.)
pieferred
$3.50
8-
$1
10-
preferred
Apparel
conv.
8-
(quar.)
Co.
Terminal
9-21
Plant-Choate
5ft
8-
Interchemical
5
8- 1
8-15
56 ftc
'■
preferred
8-
Brick
1
Co.,
50c
t$l
25o
shares
Stock & Bond Group shares
7-20
8-15
Co.
Door
preferred
Insurance
7-20
1
La
8-10
25c
6 '/2 ft? preferred (accum.)
Inglewood Gasoline Co
Institutional Shares, Ltd.—
1
1
9-15
1
37yac
70c
30c
$1.06'A
$1.12yi
30c
30c
62VaC
$1.50
International
(quar.)
Baking
General Finance
5% preferred
12-
8-
25c
e.n.e^al American Transportation—
$8
12-20
8-
(quar.)
A
8-19
37 ftc
—
Sash &
Industrial
8-13
15c
series
preferred
1
9-10
30c
Garwood Industries, Inc.—
4/2% preferred
(quar.)__
Gardner-Denver Co.
$4.25
9-
Car
Extra
1
30c
common—
i„
A (quar.)
uamewell
Company (quar.).:
General
8-
t$l
(quar.)
pfd.
r& ComPany,
preferred
8-15
9-30
9-
$2 preferred (quar.)
50c
Indianapolis Water Co., class A (quar.)—20c
5ft. preferred
A (quar.)
$1.25
Industrial Brownhoist
(quar.)
——
15c
7-15
1
La Luz
2nd
7-20
„
7-15
8-
(quar.)
(quar.)
$1.50 preferred
4%
1
8-1
5c
preferred
6ft
8-
7-25
1st
7ft
7-21
-—
Imperial Tobacco Co. of Canada, Ltd.—
4ft
preferred (quar.)
Indiana Associated Telephone Corp.—
9-15
87ftc
Co
Co. of
Canada, Ltd., 4%
(Robert) Co.
Gair
1
U2ftc
(quar.)
preferredt(quar.)_—.
Fulton Industrial Securities
Corp.—
$3.50 preferred
(quar.)—
Gabriel
10-
37ftc
1
6%
8-15
preferred (quar.)
4.70%
Foster-Wheeler
8-
Mfg.
L'Aiglon
8-
—:
Illinois
1
8-15
8-
(quar.)
Illinois Power Co.,
7-20
8-
8-15
12ftC
Co.
Illinois Central RR.,
7-20
1
8-
10c
j_
60c conv. preferred
(quar.)
Foster & Klel6er Co.
(quar.)
1
9-
Bay Mining & Smelting Co., Ltd
Illinois
7-15
15c
•
(quar.)
Gear
X
9-
20c
(quar.)
Refrigerator Co.,
preferred (quar.)
4%
1
11-
115c
—
Idaho Power Co.,
8-11
1
8-
I
31 Vic
preferred quar
Hydro-Electric Securities Corp., common
5% preferred (s-a)
a—
Hydro Radio & Electronics Corp.—
Stock div. -(.one share for each 20 held)-
11-20
1
50c
5%
8-20
9-
$1 25
25c
(quar.)
(quar.)
(quar.)
Extra
5%
Machinery 6s Chemical Corp.—
Foote Bros.
Sound
Huttig
7-22
20c
class A (quar.)
pfd. (quar.)
Hussmann
■
.
conv.
Corp., common
Hudson Motor
9-20
40c
—
1st preferred (quar.)
1st preferred
(quar.)
4ya%
10-15
$2.25
Firestone Tire & Rubber, ,4ft ft
Fitzsimmons Stores, Ltd.—
Food
7-15
1
$1.50
Class B
Power
1
Co.
Ltd.,
5%
7-25
10-
—
12-
$1
-
$$1
pfd.
J.
Baltimore, cl. A.
Florida
811-
4ft ft
preferred A (quar.)
4ftft
preferred A (quar.)
Kroger Company, common (quar.)
35c
37y2C
(quar.)
convertible
Hudson
Fibreboard Products, Inc.—
6ft prior preferred (quar.)
Finance Co. of America at
6ft
9-15
(s-a)
Semi-annual
Federal Grain, Ltd., 6ft ft
Federal Insurance Co. (N.
6%
9-10
1
50c
Canada
Co. of
1
10-
$2.50
(quar.)
—
(quar.)
Horaer's,
Inc.
(quar.)—
—
Hormel (George A.)
& Company
—
6% preferred A (quar.)_
u—
—
Horn & Hardart Co. (N. Y.), common
—
5ft?
preferred (quar.)
Home
(Joseph) Company
——
Houston Lighting & Power Co.—
$4 preferred (quar.)
Co.—
Insurance
Y.
(quarterly)
Fashion Park, Inc., common (quar.)
Federal Fire
10-
50C
Traders
Syracuse,
E.)
Co.,
1
series
7-15
$1.12!4
15c
$1.25
preferred (quar.)
Home Insurance
(N. Y.)
(Increased s-a)
Hooker Electrochemical, common (quar.)
$4.25 preferred (quar.)
$4.50 conv. preferred A (quar.)
Hooper Chemical Corp
7-25
Co.
Sugar
5%
8-
preferred A (quar.)
$5 preferred A (quar.)
Esmond Mills, Ltd., 5%
pfd.
5% preferred
(quar.)
Mfg.
Holly
7-29
37 ftc
(quar.)
(s-a)
$5
preferred
common
(Charles
Interest
Kroehler
20c
preference
Stores,
7-38
8-
37ftO
7-15
20c
Holly
8-25
1
37 Vic
7-15
1
9-23
1
8-
37 ftc
8- 1
8-
1
9-
$20
(quar.)
8-
8-
1
10-
$1
(quar.)
Knudsen Creamery Co., 60c pfd
(quar.) —
Kobacker Stores, Inc., $1.37ft pfd. (quar.)Kokomo Water Works, 6ft prefened (quar.)
Kresge (S. S.). Company (quar,)—
Kress (S. H.) & Company (quar.)
7-29
1
8- 1
8-1
8-
$1.50
Lanett
——
Corp.,
2.
$1.50
9-^0
10-
112yiC
monthly
Hotels
Hires
Beneficial
Steel Products Co.—
conv.
2
9-
2!>ftC
—
(quar.)—
1
(quar.)
class A
preferred
Holden
7
America
Hilton
7-29
8-23
dividend)
(stock
Higbee Company, 5%
7-29
25c
9-21
35c
33yaft>
Monthly
8-15'
25c
(quar.)
(quar.)
Co
Monthly
1
9-
122 Vac
$1.37Vi?
$1.12^4
68%o
Sftift? pfd. (quar.)—
pfd. (quar.)
Co., Ltd.,
of
—
7% preferred A (quar.)
Hershey Chocolate Corp., common (quar.)—
$4 conv.
pref.
(quar.)
Hibbard, Spencer, Bartlett & Co.—
9-15
1
;
Ltd
Insurance
F.)
Reduced
$2
Erie Railroad
(J.
4%
A
Empire
Hercules
7-22
1
1
(quar.)-
(quar.)—
Hayes Manufacturing Corp
Hercules Powder Co., 5% preferred
8-19
C-12
Co.,
Company,
4Vift
Gas,
Corp.
4V4%
8-
10-
Ltd.
Hartford Electric Light Co.
9-15
50c
Co.,
Cotton
(A.)
Hartford
9-15
ll2!4c
(quar).-
9-
9-30
this
plus
pfd.
prefened (quar.)
preferred (quar.)
$1.50
$12Mic
(irreg.)
9-30
50c
Knickerbocker Fund—
25c
25c
37ftc
Ltd
Bridge
Harrisburg
1
7-29*
8-15
share
per
preierred
$25o
t
(quar,)-
-
Harris
8-22
Ltd.
1
Extra
12-15
10-
Co.
Mines,
Hamilton
8-22
1
$1
Inc.
$53
at
$1.50
1
8-15
50c
(quar.)
8-15
Company—
17c
Stores,
l
Corp, 6ft prior
preferred (accum.)
125c
Brothers
Hamilton
9-21
8-
25c
—
Eppens Smith Company
Co,
Aug.
Fibre
Extra
Co
;
Brothers
Hallnur
10-
25c
series
Tanning
Sugar
8-15.
1
<
75c
—
1
9-
25C
.
Co.,
50c
Company, Inc. (quar.)
Light—
preferred (quar.)
6
9-
preferred (final dividend).
All out¬
shares called for redemption
Kirsch
9-
jSOc
_
HaU&urton Oil Well Cementing Co.
5
15c
preferred (quar.)——
prior preferred
Hale
1
9-
$75c
(irreg.)
Quarterly
3
15c
65c
class B
prefened
8-
1
$1.50
$1.50
$1.50
$1.50
$1.75
$1.50
$1.25
30c
$1.12ft
Empire District Electric Co.—
57o preferred (quar.)
Employees Credit Coip., class A
$1.50
Ltd.
Ltd
Lime & Alabastine of Canada,
Hartford Fire
Elgin National Watch Co. (quar.)
Emerson Drug Co., class A—
...
•
S-
35c
50c
t30c
17c
30c
$1.12 ft
$1
—
"
-
8-31
8-
$1
...
8-
$1
95o
Kingan & Co., 4ft preferred (quar.)
Kings County Trust Co. (N. Y.) (quar.)
25c
Quarterly
7-15
8-15
f$U2M.
preferred (quar.)—
Elastic Stop Nut Corp. of America
Electric Furnace, class A (quar.)
80c
L.)
8-
Gypsum
8
15c
non-cum.
$25c
—
B
(H.
Greenfield Gas
2
8-
8-15
30c
...
«
,
8
6ft?
8-26
$6
Railway Co.—
preferred
8
Green
11-25
Service
$1.50
—
7-
8
12-15
Public
dividend.
Keyes
White
(s-a)
Northern
Non-cum
t37ftc
$25c
_
4(4ft
Class
Y.
9-
■r
8ft
9-15
8-26
8-25
10c
N.
7-
Ltd
Co.,
Extra
t25c
Co. (quar.)
Dravo Corporation,
common
4ft
preference (quar.)
—
Dryden Paper Co., Ltd. (quar.)
Duccmmun Metals & Supply Co. (quar.)—
Dun 6s Bradstreet, common
(quar.)
4(4 ft preferred (quar.)
Dwight Mfg. Co.™
;—
Eastern Massachusetts Ry.—
6ft preferred A (quar.)
6ft preferred A (quar.)
6ft preferred B (accum.).
6ft preferred B (accum.)
Eastern States Corp., $7 pfd. A (accum.)..
$6 preferred B (accum.)
Eastern Sugar Associates, $5 pfd. (accum.).
Ekco Products Co., common (quar.).——
v
Insurance
8-
Drug
------
Fire
8-
(quar.)
Industries
Quarterly
Dow
8
1
9-15
9-
56ftc
(quar.)
+$1.25
■—
4ft%convertible preferred (quar.)
Douglas Aircraft Co., Inc. (quar.)—.
Dover
Eastern
Plains,
tSl
preferred (accum.)
*.
Dominion Steel & Coal, Ltd., class B (quar.)
Dominion Woollens & Worsteds,
nonnacona Paper Co.,
Ltd.
preferred
Great
7ft
Stores—
7-
«5o
Stores, Ltd. (quar.)
Chemical Co., Ltd. (quar.
(quar.)
8-
5ft
Tar 6s
Co.
7-29
$2.25
on
8-15
standing
7-15
25c
(quar.)
Union
8-15
$2
(quar.)
8-15
Dominion-Scottish Investments. Ltd.-
nominion
youilinc"
Grand
8-15
Holder*
5o
-
Kewanee
$25c
(s-a)
1
$37ftc
Malting Co.. Ltd., common
Dominion
A
9-15
9-15
8- 1
40c
Special
8-15
$25c
Y.)
(N.
8-
?75c
*20c
$75c
Fabrics, Ltd., common
Pi, 1st redeemable preference (quar.)—
9nd convertible
preference (quar.)
Dominion Gas & Electric, 4%
pfd. (quar.)
(quar.)
Class
Bank
Company, Ltd., class A
8-25
*30c
rviirinion
preferred
8-17
9-
Dominion
5%
7-23
National
Grayson-Robinson
"preferred (quar.)
Eiidee Ltd iquar.!
gStolon
1
1
8-
25c
Dominion
6ft
1
8-15
31ftc
nSrnestic
$1
Goodyear Tire 6s Rubber, common (quar.)
$5 convertible preferred (quar.)—
Gotham
Hosiery (quar.)
20C
rwize
5%
4
1
8-15
99-
$1
9-26
8-
.»
1
1
47
Payable of Rec.
Share
Battery Co.
$1.25
(quar.)
8-1
62ftc
(quar.)
Class A
e2 50
preferred
7-20
8-15
W
(quar.)
Kansas City Power & Light, 4ft pfd. \quar.)
3.80ft preferred (quar.)
Kennecott Copper Corp. (quar.)
-
'7-22
1
37ftc
(quar.)
common
2c
Inc.™——
■Dividend Shares,
4ft.
1
8-
15c
(quar.)
25c
40c
Corporation (quar.)
Divco
J
$37ftc
8-
15c
Company
When
Per
Name of Company
Payable of Rec.
K
Semi-annual
2-8-50
(439)
Holder$
When
Share
Republic Insurance Co. of America
Goodall-Sanford, Inc.,
SteelConstruction Co., Ltd.—
convertible class A prefererce (quax.)
CHRONICLE
Per
Name of Company
rv
Kr
B
FINANCIAL
Bolder»
Payable of Reo.
Globe
Di^°DarUcipating'preferred (s-a)
H Participating preferred (s-a) —
Xsan Investment Trust Shares, pfd
&
4%
Shoe Corp., common
preferred (quar.)
5ft -preferred
(quar.)
Mercantile Stores,
7ft
1
8-
1
8-
1
7-22
$1
8-
1
7-22
California—
25c '
*
*
—
preferred (qua'f.)-:—
Merchants 81 Manufacturers Insurance
Semi-annual
8-
8-15
45c
(quar.)
Mercantile Acceptance Corp. of
8-15
15c
:
$1.75
,
8- 1
7-29
8-15
7-30
1
;• 7-22
Co.-—
:
<:20c
8-
THE
(440)
48
&
Company,
(quar.)
common
-87 %c
preferred (quar.)
$4 conv.'2nd preferred (quar;)
Mercury Messenger Corp. (quar.)___
Mercury Mills Ltd. (quar.)
Merrltt-Chapman & Scott ,s-a)
Meyercord Company (quar.)
Michaels Stern & Co., preferred (quar.)
10-
1
'10-
1
9-12
,
4c
_
Miles
8-19
Northern
11-17
$1.50
Modine
(quar.)
Manufacturing
9-20
to- a
9-20
1 $1.06%
preferred
-■8-10
.8-15
<7-25
$1.37%
18*15
.7-25
,37 %c
>8*15
7-25
25c
1
A-l
8-1
($1.10
Co.
Corp.
National Automotive Fibres,
National
Battery
Co.
y
7%
;
7-18
:
Pacific Public-Service
-7-15
:
$1.30 1st preferred (quar.)
Panhandle tEastern i Pipe Line, com.
4% preferred (quar.)
1
7-15
8- 1
7-11
8-
•
^
8*15
10-
8-
,
1
8-31
r
10-
1
10-
1
10-
1
8-31
9*15
"8-31
$25c
"» $2.50
.
■' 7
5c
*8-
•8-1
62 %c
j
50c
.8-31
7-
8
7- 8
,
1
(7-15
8-15
37%c
7-20
9-
-
1
1
,8-12
9-
25c
8-
8-
,
25c
t
8-
8-31
,
-
1
56'Ac
1
8-16
5
9—28
9-15
12-28
12-15
12o
9-12
8-23
12-12
11-23
a
75c
8-
1
7-20
66 %C
(quar.)
8-
1
7-15
30c
8-
3
7-26
25c
8-
1
7-15
8c
B
8-
1
7-15
30c
(increased)
8-15
-40c
7-30
9-1
8-10
8-
•75c
7-18
1
Container
4%%
conv.
10-14
9-
9
8-31
8-
9
50c
10-15
<
Corp.,
preferred
(quar.)
15c
common.
(quar.)_
8-15
7-21
8-12
$15c
9-
8-12
2c
8-
1
7-22
8-
1
7-22
8-
1
7-22
1
7-11*
Welding Machine Co.—
3c
2o
"*
2c
10-29
$2.50
<12-15
12-
5
$1.50
lst-pfd. (s-a)
preferred (s-a)
Mills, Ltd.
2nd
(quar.)
1.2-15
12-
5
10-19
$15c
——
10- 1
9- 2
$15c
_
preferred
1
f.* series
s.
,20c
8-15
20c
8-15
1-1-50
12- 2
(quar.)
B
$30c
10-
1
9-
2
;-,u8-l
75c
,<8-15
9-1
t
&
Bureau Valley rr.
Company (quar.)__
Philadelphia Company
1
7*15
-
7-15
;
t
7*20 '
,
Electric,
preferred
7%
Gas
&
.20c
5c
$1.50
"8-
150
10*
9-15
$1.12%
10-
9-15
10-
9-15
—
5%
preferred (quar.)__
8.8%
4%%
preferred
(quar.)
preferred
7-15
50c
8-15
7-30
$1.25
8-15
7-31
t
National Steel As Shipbuilding—
6% ^preferred (quar.)
National Supply Co. (Pa.) common
4%%
preferred
(quar.)
National Tea Co.,
$1.25
.*
—
National Paper & TypeCommon (increased s-a)—
5% preferred (s-a)_—
•
.
15c
<quai\.)_
1
7-25
.40c
.
«810-
1
9-19
10*
1
9-19
$1;12%
(quar.)__
53 %o
•
National Trust; Funds—
^ The following amounts are estimates
the Aug. 15 distributions—
Balanced series
i
47%0
8*15
8-
8-15
8-
5
5
of
9-n
88-
1
8-10
9-
7
8
8-
7-
8
9-
8-11
g-
8-11
series
groups
shares
8-
7-12
convertible
New
on
preferred
pfd.
issue
8-
1
8-
&
(J.
J.)
(quar.)
Co., 3%%
preferred
5% 2nd preferred
Noranda Mines, Ltd.
Norfolk Si Western
7-20
7-20
adjustment preferred
tquar.)
Normetal Mining Corp., Ltd
North
American
$2 conv.
Car
—
common
Stores, Inc.
preferred A
9-
1
8-15
8-
1
7-26
$2
8-
1
7-20
8-
85c
(quar.)
—
1
7-15
7-29
1
9-
93%c
8-
1
7-15
9
1
7-15
8-
1
7-15
$$1
9-15
a-i*
75C
9-
9
8-10
25c
8-10
7-13
$10c
9-30
9-
9-10
10-
1
Fire
2
$2.10
Renold
(quar.)
1
8-12
8-
1
7-
8
8-31
8-
1
$1.50
6%
9-21
6%
50c
12c
$25c
8-
1
7-14
8-15
7-30
,8-25
7-15
'
$15c
8-
2
25c
,.
8-
1
7-22
8-
1
7-22
93%c
7-22'
10-
1
9-
15c
'
8-
1
7-20
50c
8-
1
7-20
2
75c
50c
8-
1
7-20
8-15
10-
1
7-29
,
9-
9
8-11
7-14
10c
8-15
8-
10-
1
1
8-29
8-
1
50c
8-
1
8-
1
c-c-
$40C
9-
1
$40c
12-
1
11-15
Electric
A
1
1
**
Co.
(quar.)
$25c
8-
CO
1
7-15
7-26
1
Engineering Co.—
52%c
8-
1
preferred B (quar.)
7-20
$27c
:—
Fund,
preferred A (quar.)
9-15
8-18
7-15
50c
8-
$1.37%
10-
25c
87%c
;
7-18
7-15
7-15:
•,
8-25
•
$75c-
7-19 •
9-20:
8-
; 8-
,
$30c
10-
3
9-
2
common
(quar.)
8-15
7-307
$25c
8-15
7-307
8-15
.
7-30
10c
7-15
50c
-
7-18
Ltd.—
$20c
preferred
(quar.)
(quar.)
7-
4 '
$25c
7-13
$6c
7:13
40c
7-18
$1.50
7-18
,
50c
8-26
50c
8-15
7-15
8-24
8-
$30c
8-
7-97
1
1
50c
Corp.
9-20
9-10
12-20
12-10
40c
8-
1
$1
8-
1
$1.50
Agricultural
Southern California
Edison, common
4.48% convertible ,preference
8-
1
•
convertible
preferred
preference
(quar.)—
Southern Canada Power
Co.,
(quar.)
8-15
7-30
40c
8-31
8-15
8-15
7-15
7-31'
50c
28C
28 %c
7-31
1
30 %c
8-31
Ltd. (quar.)—
Indiana Gas & Electric Co.
4.8% preferred (quar.)—.!
Southern Natural Gas
$30c
(quar.)
Life
Insur.
(Dallas)
.
7-20:
50c
7-15
1
8-
8-29
9-12
'
I
'
"7-15
(quar.)_
10-12
preferred
(quar.)—_———;
(quar.)
preferred
■
9-
—
preferred
(quar.)
r
8-
(quar.)
8-
-7-15
9-15
.9-
9-15
7-15
8-17
8-
(quar.)
Standard Gap &
Seal, $1.60 pfd. (quar.)—_
Standard Chemical
Co., Ltd., common—;;—
5% preferred (quar.)—
;
:—
Standard Dredging
Corp.—
ibi.bU
conv.
preierred (quar.)
Standard Fuel
Ltd., 4%% pfd. (quar.)_i__
7-15
1
8-
1
8-15
9-
1
9-
r
■
.
7-29
7.29
8-19
7-15
Standard Oil Co. of Indiana
(quar.)——1—
Standard Power &
Light, $7 pfd. (accum.)
Standard Silica Corp.
(quar.)
Standard Steel Spring—
8-10
7-15
8- 5
8-15
preferred
8-
(quar.)__
Stanley Brock, Ltd., class A (quar.)
Class B '(quar.)
7-15
8-
—
7-11
7-11
8-
—
Edison
1
8-15
9-
—
—
Island
8
8-12
"9-10
—
Co.
7-15
10-
—
Corp.—
preferred (initial quar.)
8-
7-1$
1
Stecher-Traung Lithograph Corp.—
preferred
(quar.)
5%
preferred
(quar.)—
9-30
9-15
12-31
:
12-15
8-
Stein
10-
1
$5c
10-
1
9-15
15c
CO
lH
7-15
9-15
Inc.—
15c
CO
t
1
—H
7-15
1
7-
7
1
7-
7
1
7-
7
8-
(A.)
&
Company (quar.)
Stores, Inc. (quar.)
Sterr. & Stern
Textiles, Inc.
4 % %
preferred
(quar.)
Stonega Coke & Coal Co.
25c
class
A
preferred
(quar.)
8-15
7-29
9-12
8-29
56c
(quar.)
Briquet, $2 conv. preferred
Strawbridge & Clothier, common
Stroock (S.) &
Company, Inc
Struthers Wells Corp.***
$1.25
preferred
(quar.)
$1.25 preferred
(quar.)
Sun Oil
Co., common (quar.)___
4%%
50c
Brothers
10-
1
.
9-16
8-15
$1
—._
9-
1
50c
8-
1
7-21
25c
8-
1
7-20
50c
(quar.)—
*8-
9
7-15
31%c
8-15
8-
5
31 %C
—-
——
11-15
11-
*
35c
9-15
8-25
1
7-11
$1.12%
;
;'7*15
8-
—
Staten
]
'7*15
8-
'
5%
preferred (quar.)
Sovereign Investors
Spalding (A. G.) & Brothers (quar.)—1—
Spencer, Kellogg & Sons Inc. Cquar. )_____
Squibb & Sons, $4 preferred
(quar.)——
convertible
*
8-15
.10-14
<
3.90%
Water
5
8- 5 :
—
4:15%
Stamford
5
7-
'
;
3.70%
$4 preferred A
7•;
8-15
,$1 20
___
Southwestern Public Service* Co.—
Common (quar.)
5 7
7-
7-31
(quar.)
Southwestern Associated
Telephone—
$2.20 preferred
(quar.)
1
7-21
7-217
•
$25c
Southern
Southwestern
7-
22 %c
(quar.)
4.56%
•„
10%
—
Stott
—
(quar.)
Investors
8-
»-«
Ohio)
35c
&
9-
8-
(quar.)
(quar.)
(Dayton,
9-10;
50C
Sterchi
preferred
9-10
<
10-
35c
8-15
7-15
Ltd.—
Insurance
!
$50c
(stock
(A., O.)
Smith
4%
»- i :
10-
_
Ltd.
Extra
8-29
5
9-
$1.18%
(quar.)—.
preferred
Class
8-17
8-
Coventry Ltd.,
Republic
.
8-22
$1.25
A
preferred
redeemable
Reliance
7-22
9-10
n
-
8-10
1
.
(quar.)
dividend)—
Slater (N.)
Company, Ltd., common (quar.)«
Sloss-Sheffield Steel & Iron
4.90%
preferred
Canada,
America,
5%
Mills,
non-cum.
Reitman's
5%
8-15
Co.—
non-cum.
Reliable
1
50c
common
(quar.)
Quarterly
8-
50c
A.)
Knitting
$1.60
8-15
1
9-
25C
(C.
$1.60
9-
9-30
50c
,—
participating clans
Regent
10-
50c
Reed
9-30
'
Class B
$1.25
-
Cquar.)
Corporation (Mass.)
preferred (quar.)
5%
$1.25
Corp., common (quar.)
preferred (quar.)
Owl
4%%
Reece
97 %c
(quar.)_
(quar.)—
Ry., common (quar.)
4%
Inc.,
50c
(quar.)
40c
50c
$2
Red
1
1
A
pfd. (quar.)
Company, class B (quar.)
Raymond Concrete Pile Co., com. (increased)
$3 preferred
(quar.)—,—
7-15
93 %c
pfd.
8-15
(quar.)—_
Randall
20c
(quar.)
1
'
com.
preferred (quar.)
Reading Co. (quar.)
8-
(quar.)
9-
$87 %C
(quar.)
Ralston Purina Co., 33A%
40c
:
$1.10
preferred
Rayonicr,
7-15
8-
•
1st
8-10
50c
Gas—
Niagara Hudson Power
5%
7-29
:
$1.75
preferred
Newberry
1
for
Fire Insurance
(s-a)
York Merchandise
Co., Inc
New York Power &
Light Corp.—
3.90% preferred (quar.)
New York State Electric
3.75%
7-29
8-15
1
New
Common
8-15
•
9-
Co
8-15
(quar.)—
Railway & Light Securities,
redemp¬
Aug. 1 at $105 per share.
Brake
.7-15
1
t25c
7-29
25c
called
1
50c
7-29
$1.18%
(quar.)
89-
$1.50
8-15
7-29
7-29
7-20*
;
10-
Corp.
Co.
9-9
'12-9^
$27%c
of
(quar.)
Sherwin Williams Go. of
Canada,
Common (quar.)
Oil
,9-
"25c
(s-a)
Sheraton,
Oil
1
12-9
9-10
}
12 Vic
—
7-22*'
.
55c
20c
8-15
8-15
8-15
35c
Quinte Milk
class
7-20
8-15
$1.06Y4
(quar.)_
Ltd.,
8-
$1
"
7-15
7-15
$30c,,
(quar.)
Puget Sound Power & Light (quar.)
Pullman, Inc.. (quar.)
Punta Alegre Sugar Corp
Purity Flour Mills, Ltd., ..common
Products,
11-10
-
88-
'75c
7-29
$$1.25
York
Air
12-
.
'
8-10
„
8-
9- 9 •'
r
.
(s-a)
4.88%
9-
>12-31
50c
Chemical, common.
6% preference (quar.)
1
Solar Aircraft
Co., 90c conv. pfd. (quar.)—
South Bend Lathe Works
(quar.)
Southam Company, Ltd
7-12
8-
common
pfd.
"
,7-20
90c
—
9-30
Quarterly
7-20
8-
9-30
,12-31
,$20c
;
A
Smith
7-15
**8-
$1.17%
(quar.)
.
,8-15
jf9"
75c
'25c
,
••
8*15;
$1.25
____—
Extra
Sinclair
5
88c
8-15
5c
—
(quar.)
Jersey Worsted Mills--.
New Process
Co., common
7%
preferred
(quar.)
tion
9-
al7%%
(resumed)—
Co. of Colorado, com.
(quar.)
preferred (quar.)__——
preferred
(quar.)
Public. Service Electric &
Gas, common
4%
A" (quar.)—
Winnipeg Brewing, class B
.8-12*
'8-15
25c
preferred
-8-12-
9- 1
7 25c
(irreg.)—
'.
*7*29
9-1
t
,
27 Vic
(irreg.)
Sharp & Dohme, $3.50 preferred
(quar.)
Shav/inigan Water & Power Co., com. (quar.)
4%
7-20
8*15
(
31'Ac
common
7-15-
.7-12
w8- 1
$1.25
(quar.)—
Co.,
(quar.)
1"
8-10
50c
',
—,
Co. (New Haven)
(quar.)
Selected Industries,
$1.5'0T)fd. (accum)——
$5.50 prior preferred
(quar.)—
Seton Leather Co.
Skelly
7-14
8-
8-1
,25c
,
1—'
Banknote
preferred
5-
8-15
7-15 '
73l'Ac
(quar.)—
(quar.)—
A
1"-
.-8-1
,25c
—
preferred
preferred (quar.)_
Simmons
Company
7-20
9-
$75c
•
7-29
4c
1
pfd.
New
York
'
$lOc
1
•2-
j
.
6%
7-14
75c
<8-15
6c
Retail trade shares
Neilson .Wm.), Ltd., 5%
Neisner Bros., Tnc—
New
8-
V
90c
•
participating class A
Sierra Pacific Power, common
(quar.)
8
$1.25
4c
series
Railroad shares
Railroad equipment
7%
$
-
8-
•11- 1"
1
..50c
-
•9- 2"
9- 9 •
1
8-
1
8- 5
10-1
^91'Ac
Container, 5 % % "pfd.
Shirriff's, Ltd.t 5%
8-10
7-
(quar.)
Co., Ltd.—
Products, Inc., 6%
.
7
8-
9- 1
v13-
1
-9-
.
.
_;
non-cum
Sheraton Corp.
Inc.
7-22
9^15
$$2
preference
8-31
20c
vtc
preferred
Class
7-12 1
95c
4.40%
Purolator
7-15
75c
5%
Shea's
.
7-15
8^1
30c
.87 Vic
91'Ac
9c
stock
Stock series
Entire
s'f4
945
20c
4%%
Redeemable
:
1
9-t1
$1
preference
6-30
$1.10
$1.06 y4
(N. J.) Water Co.* (quar j
div.
.
2- 3
r
9-15
;7c
—
7-15
,.$1.10
10c
—
4%%
8-
6-30
,$20c
__——
Security Insurance
11-5
8-15
92 Vic
Public, Service
$1.40
5
2-15-W
.$$1.50
—
lie
-
Selected
?11-1$
33c
Co., Ltd
Transport
8-
33c
t75c
(quar.)____
Procter & Gamble Co.
3
8-15
•
$1
5
2-
7-15
6-30
,9-
$1.10
Sears, Roebuck & Co.
SOcord (Laura)
Candy Shops—-1
Securities Acceptance
Corp., common
Security
5
11-
2-15-5CF
33c
Quaker City Fire & Marine Insurance.,
Quarterly Distribution Shares, Inc. (reduced)
Quebec Power ,Co. (quar.)
.
Preferred
25C
25c
Provincial
12-15
8-
25c
Seaboard
1
9-15 :
f.
:25c
Common
Princeton
7*26 :
.1-1-50
$50c
—
8-15*t
:62%C
National Lead'Co.
6% class. B ,preferred (quar.)
National Linem Service Corp., com.
(quar.)—
4%% preferred (quar.)
9-
10-1
25C
&
.8-1
;
7-15 *
*
12-15
15c
5%, scries A non-cum.
preferred————-
9-_l
62 %C
Common
Bros.
Common:
'5%, series -A
.
9-14
.
•25c
common
3.60% preferred
4.70% preferred .(quar.l
Pressed Metals of America
Price
:
8-31
31%c
•'
$1.25
Manufacturing ;Co.
preferred (quar.)___—________
Seaboard Air Line "RR. Co.—
Common' vtc
(irreg.)
8-1
$1.07%
Potomac Edison,
$1^5
Company,;:Ltd., class A (quar.)—_
24c
Coke,
pfd.
(resumed)—
preferred
:
.8-31
9--1
25c
Phillips-Jones, 5% preferred..(quar.)
Phillips Petroleum Co. (quar.)
Photo Engravers &
Electrotypers, Ltd
Pinchin, Johnson & Associates, Ltd.—
Ordinary
(final)
8-
7-31
•
preferred
'(quar.)__l____!___—___—",$1.07%
SCytes & Co., Ltd. common
(quar.)__——_—
25c
5%
preferred (quarC)-__i
,
7*25
$2.50
(quar.)
$$1,75
4.30%
9-16
"9-15
t
pfd.
8-
Dillon
^.65%
7*22
$35c
„
8-15
.
$40c
Screnton Electric Co. (quar'.)_l—:
Schenley Industries, Inc.————_____—
Scott Paper, $4 preferred
(initial)
i
i'9-16
•:
9-15
•
•'
7-31
B
scotten
1
9*26
$20c
preferred (quar.)
Portland
1
,.8-1.
20c
(quar.)
preferred
\
1
7*15
,9-
,
.8-5
.10c
(s-a)
4.40% preferred (quar.)
Philadelphia Suburban Water,
$3.65 preferred (quar.)——
Philip Morris & Co., Ltd.
4%
i'10*
75c.
(s-a)
3.30%
>
.
9-15
1$1
.
,
6-28
25c
_
,.7-20
1
8-1
v
7-20
1
<50c
______———
75c
8-19
1
Ry;
Sayre & Fisher Brick Co. (quar.)
Bcovill
32 %o
6
8-
:,$1.05
—-
1
7-11
8-
.
_
!—
Francisco
9-
12-1
1
9-
,T 25c
f$2.25
conv. preferred A:vtc
(quar.)
conv. preferred A "vtc
(quar.)
Regis Paper Co., common (quar.)——
4.40% 1st pfd. series A (quar.)———"
Class
:
1
Permutit
4.30%
25c
Inc.' (quar.)
_5%
Scerfe &
.
;-8*15
A8-
8-
Saguenay Power Co., Ltd.; 4%% pfd. (quar.) " $$1.07
10- 1
Transit"(quar0——_:——__ 7.. 12%c
»8-15
'.Quarterly .:
12 %c
11-15
Quarterly
—:
12%c. 2-15*50
Quarterly
___I_.
;___
' 12 %c 5-15*50
,
'
.
'
'
<■'
8*10
i8-
(quar.)_
$1.32 cum. preferred (quar.)
Penmans, Ltd., common (quar.)
6 % ; preferred
(quar.)
Pennsylvania Electric, 3..70% pfd. 0 (quar.)
4.40 %
preferred ;B (quar.)
!
Pennsylvania Power, 4.25% pfd. (quar.)
Pennsylvania-Salt Mfg. Co., common
3%% preferred A (quar.)
Peoples National Bank (Brooklyn, N. Y.)(s-a)
Philadelphia
7*20
,' 7*30
:
<8-
75c
$1.25
Co.—
preferred
2 ;
8-
,
$1.25
.
9-15
12-15
13c
San Antonio
_$1.25
i
—--
—
non-cum.
7-30
9-15
4
40c
:'
—
5%
1
8-25
,,
Tillord, Inc. (quar.)
Parker (S.fC.) Company, 40c
pfd. (quar.)—
Parmelee Transportation Co. (quar.)
Pa ton Mfg. Co., Ltd., common
7 % ^preferred (quar.)
Peabody Coal Co.,; common _(quar.)
5%
preferred (quar.)
Peerless Cement Corp.__
Peninsular t Grinding :Wheel_
Peninsular Telephone
Common/ (quar.)
Common (quar.)
$1 cum. ^preferred (quar.)
$1 cum.xpreferred' (quar.)
$1 cum.'preferred (quar.)
$1,32 cum. preferred (quar.)
$1.32 cum. preferred (quar.)
Peoria
.
-7*30
5j$lw25
.
—
'
v
35c
,
(quar.)
(quar.)
5% pfd. (quar.)—
Corp.
Power & Light,
10-
.$U2%
7- 1"
',25c
St.
7-15
(quar.)
preferred
Lighting
3.60%
'
non-cum.
Class
;
1
8-
—
National Hosiery
Class A
9-10
8-
8
9-
'■
Class A
7-
50c
>
National Erie Corp.; 5%
3%
7-15
1
$12%c
Extra
Quarterly
Quarterly
1
8-
$0.296875
(quar.)
preferred (quar.)
National Electric
Quarterly
8-
10c
•-
common
Convertible
9-30
80c
•
National Distillers Products
Corp. (quar.)—..
National Drug & Chemical jCo. ,of
Canada,
Ltd.,
•
$1.75
preferred
National
.
1
f$1.75
(quar.)
(quar.)l
Register Co
National Chemical & Mfg. Co.
National City Bank (N. Y.)
5 %
5%
,
9-20
17*15
^8*15
■
7-28
*
'
8-15
j.
7-15
25c
(quar.)—
Louis-San
7-30
1
1
,
7%, preferred (qiiar.)__
St.
17-15
Co..
8«"8
8-, 1
7*13
8-15
88-
—
(s-a)
(quar.)——
Whitehall RR.
Common
7-13
8-15
Corp.,<:-common.(quar,)—_,—
•<*8* *9
w
1
4$1.75
—
Finance
&r
9-15
,8-25
•
<$1.25
-5%.
—;
Pacific
Pacific
75c
40c
Cash
_
(quar.)——
Russell-Miller;Milling, 4%% pfd.
'8-10
"10- 2
<
$25c
Osgood Co. class A (quar.)
Class
B
(quar.)—
Oswego Falls Corp.;>4%% pfd. (quar.)
Outboard Marine & Manufacturing Co
Outlet
Company ■«.
Owens-Illinois Glass
*t$l;75
.(quar,)
National
(quar.)
Pacific
,
8-20
8-1
$25c
7-20
50c
5c
,
Quarterly
1
-60c
1
8-16
-8-18
$J0c
Rockland Light & Power Co
Rockwell Manufacturing Co
Rose's 5c, *10c Si 25c
Stores,!
1
8-
8-
7-20
—
•8-
8-15
50c
1
8-
^—
S.*&.W. Fane, Foods,,Inc., common
(quar.)
'4%
convertible preferred (quar.)—
St., Lawrence /Flour7 Mills
Co., Ltd.—
8-15
.
1
National Biscuit Co.
Common
preferred
>
11-15
a
«
: 8-
50C
$25c
>8-15
r
s€0c
1
3-
,
Rutland
'59%c
»50c
preferred
10-
93%c
7-21
9-
<
Cement, * $5
8-10
7-151
10-
18%c
7-27
$$i.75
r
?>8-15
,'475c
,—
Inc.
8-25
.Extra,.—
9-
.$1.50
(Colo.) Series
(quar.)—
0-15
!10-
Park &
(quar.)____
Securities
Aluminate
;
—
Strauss-Duparquet, Inc.
10-
$25c
1
,?$1.60
Nathan
'5c
(qu-ar.)__
common
1
$1.50
pfd
7-25
Co
9-1
-
12c
4%%
7-15
1
:
Corp.'(quar.).—
9-21
'8-
"8-
12-16
:r 9-v
$1.20
(irreg.)
Nation-Wide
7-15
9-16
<9-16
50c
Narragansett Racing Association
National
v
^$1.25
4$50c
1
">t»8-
25c
A
Electric,
10-
t$l
1
$1.75
Robinson Cotton Mills, Ltd
Rock of Ages
(irreg.)
Beauty Supply C.o., Ltd.—
Participating convertible preferred <quar.)
Ontario Steel >Products, Ltd., com. (quar.).
7%
.7-15
>*•8-
Oil
6%
Ohio Casualty Insurance Co: (increased-s-a)
Oklahoma Natural Gas, common (quar.)—4%% preferred A (quar.)—
—Old Ben Coal Corp
Oliver UnitedJ Filters, Inc., class A (quar.)
.
7-15
..$1.25
<$1.25
i
7-22
^$1.50
■
7-15
Class B
"•7-25
30c
.
8-
Ontario
7-15
-
20c
—
(quar.)
Myles Standish Co.__.___
Narrag8nsett
8-1
•
..
7-21
7-30
'$1
>.
Riverside
8-24
1
8-
common
7-15
50c
Oceanic
(Charles F.),
9-
50c
7-25"
7-25
*81.75
preferred
7-20
9-15
$1.12%
(quar.);:
8-
22%c
Ogilvie Flour Mills, Ltd.,
7 %
preferred (quar.)
J10- 2
Inc.,
"3%%
8-15
40c
:___—
8-15
45c
(quar.)___
(quar.)
(quar.)
2nd preferred
8-10
w.
8-
'45c
...—
common
preferred
9-
$1.31'a
—
com.
8-
_
8-19
7-20
1st
Holder,
Payable oj Red
25c
'. *
(quar.)
(quar.) _"—
Richfield Oil .Corp., (quar.)——
Rio Grande Valley Gas Co.
9-21
1
pfd. (quar.)
preferred (quar.)_
—
7-15
.
(quar.)
Rice-Stix,'Inc.,
Cement—
1
9-
250
_
A
Portland
8-1
7-20
*
preferred
States
Noyes
-7-31
(quar.)
preferred (quar.)
preferred (quar.)
Mutual Telephone Co. (Hawaii)
.7%
Northwestern Utilities, Ltd.,-4%
America—
6 %
1
Co.,
(quar.)
preferred
25c
8-15
'7-31
—
of
8-
Manufacturing
4%%
28%C
(quar.)
8-5
33%%
Mutual Chemical Co.
9-12
10-
(quar.)
Tobacco—
50c
* preference
Engineering (quar.)
8-15
7-13
_
$6 preferred
Investors Service—
"7%
Extra
37 %c
...
4.8%
9-12
25C
Moody's
$3 partic. preferred (quar.)
Moore Corp., Ltd., .common (quar.)
4% redeemable preferred (quar.)
7% * preferred A ;(quar.)_____
7% ^preferred B « (quar.)
Morgan (J. P) & Co., Inc
Morris Plan Corp of America, common
$2.25 preferred A , (quar.)
Morrison-Knudsen, 5% preferred (quar.)—
Motor Products Corp
Muni ping Paper, 5 % pfd. (quar.)
Munson Line, Inc., .new com. (initial)
Murphy (G. C.) Co. (quar.)
4.8%
Northwest
8- 1
Monongahela power, 4.40% (pfd. (quar.)
.4.80% preferred B - (quar,)
6%
8-18
$25c
—
Power,
7-20
Rheem
Rich's,
"9-15
T
(extra)
7-20
93%C
—
convertible
7-15
Quarterly
—
Co.
88-
-60c
20c
—
common *
-7-20
(s-a)_
75C
il%c
Co.,
Stock dividend
Montana
4.6 %
1
9-12
Northwestern
-
(quar.)
(Robert), Ltd._
7-25
8-
20c
Greyhound Linos—
preferred • (quar.)
Northwest Airlines, Inc.—
•20c
preferred
<
'
60c
(ouar.)
Missouri Utilities
Gas
8-
-
.
3%%
8
$1.18%
_
Corp., common
preferred (quar.)
Liberties
8-2
$1
37 %c
(s-a)
1
preferred
When
Share
Reynolds (R.'J.)
Common
(quar. interim)
Class B
(quar. interim)—.
$3.50
(quar.)—
guaranteed
Illinois
conv.
10-1
15c
_
5%
88-
$1.10
,
—
Mitchell
'
Inc.
—
7%
9-
held)
common
Consolidated
RR..
Company
Copper & Brass, Inc., common
".5%.%
Northland
89c
—
*
Carolina
25c
prior preferred (quar.)
Miller. & Rhoades, t4'A% pfd. (quar.)
Mine Hill & Schuylkill Haven- RR. (s-a)
Minneapolis Gas Co. (quar.)
_
Minneapolis-.Moline Co.,
common—
$5.50 1st preferred (quar.)—
$1.50 conv. 2nd preferred (quar
Minneapolis & St. Louis Ry.
Mississippi Power & Light, $6 pfd. (quar.)
Mississippi Valley Public Service—
Common
(quar.)
5%
preferred (quar.)
Missouri Kansas Pipe Line, common (quar.)
B
American Oil
North
8-31
(quar.)
(quar.)
American
North
•11-30
$1
Class
North
1
7-20
Northern
4%%
Common
7-15
8-
8-1
$1.12%
(quar.)
share
(one
common, $8.50, par value, of Kansas
& Light for each four shares of
8-15
5c
Shoes, Inc., common
preferred (quar.)
•
Power
20C
Co
Reclaiming
Per
Name of
Payable of Rec.
Revere
distribution
-
Monday,. August 1, 1949
Holdert
When
Share
Company—
liquidating
new
$1.12%
Abrasive
Illller St Hart.
2
8-
Partial
1
8-
American
>80c
(quar.)
Rubber
Midwest
8-20
:$15c
__
Michigan Consolidated Gas Co., 4%% pfd.—
Pinal dividend (This issue being called for
redemption on Aug. 8 at $108 per share)
Michigan Gas. & Electric Co.
4.40% preferred (quar.)
Mickelberry's Pood Products common____—
$2.40 preferred
(quar.)$2.40 conv. preferred, called for redemption
on Oct. 1 at $45 per share.
Mid-Continent Laundries, Inc. (s-a)
Mid-Continental Petroleum Corp. (quar.) —
Midland & Pacific (Grain, Ltd. (quar.)
Mid-West
North
9-12
$1
$3.50
Preferred
19-12
1
10-
•
CHRONICLE
Per
Name of Company
Payable of Rec.
37%c
_
FINANCIAL
Holder$
s>When
Per
Share
Name of Company
Merck
COMMERCIAL &
8-
4
THE
Number 4825
170
Volume
Per
When
Shart
of Company
yame
gift
8-
1
10-
1
9-
Wisconsin
1
6%
preferred
&
d$1.50
Light
Co.,
9-
1
8-20
4Vi%
preferred
10-
1
8-17
$4.80
preferred
7-29
Wisconsin
6c
Inc.
8-15
.
30c
GuH
Extra
9-
8
Wooa
9-15
8-23
7%
50c
pre!erred (quar..
Flour Mills
rrex.O-Kan
r__.
8-23
i
7-11
5%
8-
1
7-11
Woodall
8-31
31 'Ac
10-
62VaC
tt-
5%
8-17
Woolworth
Woolworth
8-15
8-
1
9-15
9-
1
$1
9-15
9-
1
15c
8-15
7-29
Company fVirn
(quar.
-"-/.iKil
-
9-
8
8- 3
$i.06y«
9-
1
8-10
10c
8-
2
7-20
208
1
Corp.
1
7-15
5%
preferred
7-30
92 %c
8-15
7-30
87VaC
8-15
8-10
$1.12'/a
9-
1
9-
1
1
9-
1
50C
25C
10c
.
Leaf
1
9
8-
55c/
1
prior
1
7-io
9-
9-1
8-19
8
8-19
1
(quar.)
'
—
such plan could be presented at any reasonable time in the future. The
minority stockholders of the Wheeling share that view.
9-
1
8-15
Commission's duty is to determine whether the lease prooosed
sistent with the public interest and the terms and conditions
10-
1
9-28
Nickel
10- 1
9-28
holders,
1
.7-22
,
8-
1
sure
1-3-50
1
7-21
8-
1
7-15
«i
,
25
•9-10
tl'25 *
•
12-
.
9-
9-15
(quar.K---—---,
•
**jl.
■
"
1
>
I.
t
•
•
/
-
8-
9 Months Bnded May
Net
•7-15
7-15
1-.
(reduced)—^& Stationery Corp.
preferred
-y-i#
1
;
8-11
7-20
>
9-1.
8-
1
1
r7-15,\
:8-i5
7-18
.
7-18
8-15
1
^
t
9-12
,8-31
;
'8-
'
'
'
*/'■«?"• '
'
Corp*—Contract WJth Teco Approved—
on July 26 approved a contract between this cor¬
and Teco," Inc. (Television Entertainment
is granted exclusive rights to
Phonevision broadcasting.
of which Teco
terms
8-
'
!/
1948 J "
$8,745,000
•
-
...
1947
$7,611,000
• v
7,663,000
-
Teco will act as a booking
entertainment for television
6,557,000'
nation's
$1,054,000
42,000
4,000
agent to procure and provide Phonevision
stations and networks. Teco will also
coordinating agency for the Phonevision activities of the
different telephone companies; for motion picture producers,
function as a
6,000
Phonevision
and other
and other producers of entertainment suitable for „
and for television broadcasters, networks,
'
• •; . •.. . 1
.; :
<
broadcasting;
entities.
development of subscription or "pay-as-youtelevision stations to "code" .certain broadr
may be enjoyed only on television receivers
equipped for and receiving t.he Phonevision decoding service. '
I
Commander 6. F. McDonald, Jr., Zenith President, told the stock¬
Net income
;
$284,000
$658,000 - -$642,000
holders that.sintfe subscribers would be charged for the Phonevision
Earned surplus, beg., of fiscal year1,556,000 f 1,273^000
771,000
programs they saw on their televis or! receivers television broadcaster
would be able to present during portions
broadcast
Total
J —i.i_— ^1,840,000 $1^3.1,000 «$1,413,0001 / features as pew Hollywood'movies, major of their events, andsuch costly
sports
Broadway
Dividends,, * 368,000 ,1,. 461,000
> 395,000 r. plays/which are not otherwise available for television. .*• , .
Mr. McDonald said that presentation of such program features would
Earned surp: sirice Aug.1 31, 1932/
$1,472,000 $1,470,000 $1,018,000
bring profitable operation tp television stations; enable the producers
Capital. surplus
;
:
1,509,000 ' 1,509,000 ' 1,492,000
of movies and other costly entertainment to present their features
Total capital surplus and earned
profitably to a vast and growing television audience; cause the sale of
•
surplus at end of year——— .' $2,981,000
$2,979,000- $2,510,000 ' millions of .television receivers;- greatly increase the audience for ad¬
vertising sponsored "free" television programs; and build television into
Number of shares outstanding--^
294,830
294,830
263,5^0
$492,000 •
- 15,000
193,000
Phonevision is Zenith's
television. It enables!
$1,086,d00 - $1,060,000
|
.
see"
9,000 „1,000
419,000 - - 417,000
. casts
50
that the programs
_
.
-
•
per-share
8-
1
8-1
.8-15
1
1
8-
$1.75
* •
7-25
1
25C
$1
50c
1
9-ift
9-15
8-15
7-31
7-
7-31
7-
10-
25
$1.25
"
9
9
1
9-15
9-15
8-31
9-
:
•—
'
9
'
■ -
$2.23-
$0.96
(Stated in Round Thousands)
*.
-$2.44s:
/
'//
CONSOLIDATED BALANCE SHEET
"
.
*
•
■
•
reaerve
-
Inventories"—I
refund
for
income
Officers'
years'
prior
—
1,239,000"
3,275,000
1,225,000
3,131,000
^
173,000
plant and equip,
Deferred charges
5,000
notes
35,000
39,000
—2,164,000
86,000
,
2,000
2,076,000
2,000
2,054.000
73,000
2,000
$7,580,000
$7,352,000
$250,000
552,000
2,948,000
1,509,000
1,472,000
$500,000
- 476,000
.591,000
2,948,000
1,509,000
1,556,000
$7;U57yOOO
$7,580,000
and
————————
(net)
——
amortization
less
173,000
28,000
-
,
employees'
———————————
Prop
Patents,
979,000
2,919,000
62,000
greatest
entertainment and
McDonald
because
'
$7,057,000
taxes
and
accounts
—
on
advertising medium in history.
. >
entered into the Teco contract
felt that the booking and promotion
of theatrical entertainment did not fall properly within the ecope of
Zenith's business of manufacturing and selling radio and television
equipment. "Zenith is not in the entertainment business," he said.
Under the terms of the contract Teco acquires no rights to manufac¬
ture or license Phonevision or television receivers. Zenith retains all
such rights and will, McDonald said,
license all qualified manufac¬
turers of television receivers to include Phonevision in their sots.
Mr. McDonald stated that all Zenith
receivers that have been sold
to the public are equipped to accommodate a s'mple Phonevision attach¬
ment. He said that any make of television receiver now in service can
be modified to receive Phonevis'on by the addit-on of a simnle assembly
of tubes which, if added at the time of manufacture, will add only
the
Mr,
/ ''
.
ASSETS—May 31,'49 Aug. 31,'48 May 31/48
Cash on hand and demand deposits
$074,000
• $718,000
6655,000
Accounts and notes receivable, less
.
8-23
10-
-
'
■
7-15
1
8-15
$12'/ac
the
stated that Zenith
Zenith management
about $10 to the
retail price of a
television set.
McDonald disclosed that the company is
a
number of receiver manufacturers who wish
tion of Phonevision equipped television sets.
Mr.
$1
37'/a C
T-
•8-
7,?2
1
7-29
"8-13
Total
LIABILITIES—
(quar.)——
payable—bank
—
——
payable and accruals
for Federal income taxes.—
Capital stock (par $10 per shr.)
Capital surplus
Earned surplus since Aug. 31, 1932-
12 %c
(quar.)—--
8-
1
7-20
Note
8-
1
7-20
Accounts
P-
50c
:: 50c
—
1
7-20
8-
8-15
;
$1.25
—
*
.8-
1
'
1
7-20
—-
P?S?
326,000
$300,000
538,000
^
8J 5
2,948,000
1,509,000
1,470,000
7-29
8-1?
8-
15c
8-15
7-25
.1OC;
25c *
"8-15
'
1
7-25
Total
-V.
169,
—1—
-
p.
2037.
/
-
.
of
Its
continue and
showed them
spite
and
"75." "The new instrument is now
be marketed at the same low price
operating economy of the famous
production,"- he saidfl "and will
of $75 as ita outstandingly successful
-in
In discussing,
$7,352,000
to
negotiation w'th
licenses for the produc¬
production model of the company's new "Miniature." In
tiny size the "Miniature" has the same high performance
the first
•
now in
told stockholders that Zenith exnects to
leadership in the hearing aid industry, and
Mr! McDonald
expand its
587,000
*
$2.50
(quar.)—--*-——
Corp.) under the
the promotion and
licensing of
$1,082,000
-
-—----■—«-
,
-
i
2-
.
The^ shareholders
•
r
$450,000
1———11-
Earnings
7-20
11-
(quar.V———
i_
1.
7-15
11-15
•
Chocolate Co.—— %-
1
;
2-15-50
—
prior;, preferred (quar.)
1
8-
$2'/aC
(quar.)
;
sold and expenses-.-.*. 7,370,000
income
Claims
j
1949
$7^20,000
'
..
,
8-
8-15
fl,
.$1.25
.
:_u__
common
r
"
Zenith Radio
"
>
,7-15
"8-
50c
■
170, p. 249.
•'
'
■
re-
^
7-15
1
;
-
::
*
deductions —
/
Proy^ for Fed. income taxes <esst..
r : "
8-
u
w-
^Other
;
8-17 ;
.
8-20
~
Lines, 5% 1st pfd. (s-a)—
&
Crampton. Corp. (quar.)
'
(& Subs.)—Earnings—
31—
-
I '[ Total
•
$1;50
Brake
Wnite (S. S.)
Dental Mfg. (quar.)—
White
Sewing Machine, wwuiiuvru--'-"'-—
common.
Extra
'
(Pa.) Gas
Stock for
sports promoters,
Other
10-1
•
8-16
.17'Ac
Weston Electrlo
Instrument (quar.)
& Lake Erie
Ry.—
"inters
propsed transactions—V.
/Net profit ifrom operations—
:
*
Wheeling
Wilson.
transaction
'
6-1
8-
sales
Cost of goods
,
7-25
'
$1.25
Paper Co., Ltd., class A (quar.)
Wilcox O'l
Co.;
—To Offer
v7-25
,
8-10
ID-
-
*
;
Alabama
——
the
*
10-15 *
12
,
-
8-10
~
h
(quar.)———rr
(quar.)_.
in
Worcester County,
Co.—To Sell Bonds Privately
Subscription—
The company has requested SEC authorization
to sell $400,000 of
first mortgage bonds to institutional investors, and to offer an addi¬
tional 6,000 shares of common- stock for subscription by stockholders.
Proceeds of the financing would be used, together with funds derived
from operations, to provide a portion of the funds reauired for the
construction or acquisition of permanent improvements, extensions and
additions to property (or to reimburse its treasury for past exDenditures or pay off bank loans incurred for such purposes).
Construction
expenditures by the company are estimated at $332,500 for 1949,
$275,500 for 1950, and $280,000 for 1951.-^V. 166, p. 1298. .7;
York County
*-
* •
the
from
(Stated in Round Thousands)
'
8-10
8-1 1
f
—-
preferred
charges- resulting
.
^inconsistent with the public interest. No other railroad has
-
■■
;
preferred A (quar.)
5% .—'•
preferred A
$5
fixed
total
Wilson Jones Co.
:
7-30
8-18
--
—
wubur-Suchard
in
be included
9
10-10
.
1*
-_-—.—1---—-—4"'
White's Auto
Stores, Inc.
of
An
poration
9-
■
preferred
systems.
■
.
-
con"ertible
other
..
>.
————
$4
and
to the public will be promoted thereby.
increase
8-15
1
.•
9-20
*
42
lines
-
'
9-
these
conducted largely within
as¬
up
7-1 ft
8
<8-
.
4% prior lien
made
not
8
9-
9- 1
j
i
^
routes
will
8-19
9-
1
,
(s-a)—-—*-
-
Coal Co..
important
of
by the •
stock-*'1
their
thereunder
would not be contrary' to the public interest, and the guaranty or
assumption by the Nickel Plate of the payment of dividends on the
Wheeling's stock and all of the other fixed charges of that carrier is.
1
•
*'
Westmoreland
use
carriers,
.
(quar.>*-J—»—•h*—--*H
Inc.
fullest
to
operation
subject to the cond'tlons and modifications
tion service
10-
*
preferred • (quar.)
—4-T $1.75,
Wfest Point
75c
Mfg. 'Co..' (quar.)-^—-—-——4—
West Virginia Coal &
50c
Cok0 (quar.)-—-—4-'
West Vlrg nia
Pulp .& Paper,
m
1 '
r 4 '/a
% •• .preferred
$1.12 Ya
(quar:)
Westchester Fire Iiisuranoe co.'
25c
(quar.)—4Western Insurance
Securities Co.-r
< (
$2.50 class A
62 'Ac
(accutn.)——
Western. Light & Telephone Co.—
4
5% preferred
31 %C
(quan)————■——
Western Pacific*
RR., common (quar.).—h~
7
75c
5% preferred A
$1.25
(quar.)
Westmoreland,
and
Wheeling
of :the
benefit
which
1
10,
v.
Mills
__i
preservation
properties
Unified
the
The
514% preferred (quar.)-J
i——-—\
West Michigan. Steel
Foundry. ^
t
7% prior preferred
(quar:) ———.
b
the
of
substantial
of
rental to be paid thereunder,
7-15
1
.
principally, that of the generation, purchase and sale of
electricity for light, heat, power, resale and other purposes, and to a
minor extent, the manufacture and sale of artificial gas for general,
use.—V. 170, p. 345,
.
'
.
,
,
valuation
and
$140,562
is
Mass.,
•
herein stated, are shown to be just and reasonable. Adequate transporta-
1
~
—
,
company's business,
The
is con¬
thereof
ultimately will inure to the benefit of the-stockholders
public. Considering the recorded investment of the Wheeling,
for rate-making purposes, the market value of its stock,
its earning power, as set forth herein the propsed lease and the—^
and
its
9-1
■
12-10
8-
—-------r-r
Wesley Mason Mills/Ltd.-*'
Class
Lease
be
general public.
between
thereof
$2
Falls. & Northern RR._-'-*-
Air
should
and the
the
1
100%.
to
100.62%
Accordingly the
improved transportat'on services will be rendered at less expense for the performance
12-22
8-
62^
.
(quar.)-i_i-,-.:i—-'rH'tV Si
**—
reasonable.
Plate
petition
9-20
10-
(irreg.)—_—LLJ.—:—-i- «». Wellman. Engineering Co,—
Wentworth Mfg. Co» (quar.)
—
f"'-'
5%
of
account
7-14
,
Westlnghouse
the
for
7-14
,
Westm'"^—
ninster
quarterly
dismissed*
8-15
Company..-————— -;
f°°
Warren Brothers Co., $2.50 class B (quar,) \
62wj
Washington Gas Light Co., common .(quar.) ' 7 37ybCj~ .
; ■ $4.50 pieferred
Western Ry. q!
Western Tablet
was
CONCLUSIONS
1
&
7%
rental payments
8-
and
—
70,051
—
a
lines of the two carriers and their connections and will strengthen com-
■;
CO;
lease,
7-1 ft
$1.31 %
(quar.)
*.
(quar:)
the
of
1
56V4C
19,876
—'
;
Electric Co.—Bonds Offered—Halsey,
offered to the public July 29 $5,500,000
first mortgage bonds, Series A, 2%%, due July 1, 1979
at 100%% and accrued interest.
The issue was awarded July 27 on a bid of 100.31.
Other bids for
2%% coupon rate were: Merrill Lynch, Pierce, Fenner & Beane,
100.1701; Lee Higginson Corp., 100.153; Kidder, Peabody <te Co. and
White, Weld & Co. (jointly) 100.1409; The First Boston Corp., 100.14,
Otis
& Co.,
Inc., 100.09 Carl M. Loeb, Rhoades & Co. and the
Equitable Securities Corp., (jointly) bid 102.30 for 2%s.
Net proceeds will be applied to the payment
of notes issued and
to be Issued and to additional construction expenditures or
to re¬
imburse the treasury for construction expenditures previously made.
The bonds will be redeemable at general redemption prices ranging
from 103.75%
to 100% and at special redemption prices . sealed from
part of the application which requests authority under section
the New York, Chicago & St. Louis RR. to make, during the
1
75c
$50,635
-
—
-
—
Worcester County
carriers
Just
..
liabilities
Stuart & Co. Inc.
RR., and with the authority of the Commission was denied.
submit
two
(. '
Total
1
40c
preferred
•
9-
"1% preferred •;(quar.).—- ,10-20
9-10
Waite Amulet Mines, Ltd
—-—---
6%
connection
♦
worth
Net
may
for
$140,562
term debt
Long
8-
3
$1.06%
(quar.).
.
,West Ptnn Electtfc
,
,
$107,554
33,009
—
w—
—
——,——
■.
Current
12)
It
3/
8-
8-15
62 Vic
Wayne Knitting-''Mills (quar.)
Wellington Fire Insurance Co.
page
5Cc
—
business, Dahlberg in
and sales,
...
(net)
LIABILITIES—
30c
8-
7-29
8-
;
experience in the seed
Laird in administration
of the company
assets
Total
25c
$1.50
.Common
Wellington
Fixed
might conceivably be preferable for the applicants to evolve and
a
plan for the consolidation cr merger of the properties of the
involved, but no such plan has been presented for con¬
sideration, and upon the present record it does not appear that any
62%c
and sales,
assets
Current
Corporation and
GENERAL
8-19
(s-a)-—:—
Cedar
.
.
years
many
growth
interest
7-20
8-
25 c
Virginian Ry., 6% preferred (quar.)i—-i-.,
Vogt Manufacturing Corp.; (quar.)—;—^uc
Vulcan Detinning Co.; V 1
" / f
\
•
Waterloo,
v
1
'
tax.
Woodruff family and
during the past four years has been
steady, and the additional working capital acquired from the sales
of debentures will permit further expansion.
A condensed statement of the company, as of May 31,
1949, is as
The
tax.
income
had
production
Non¬
11-30*
....
preferred,
tax.
source.
dividend tax.
Jamaica
the Wheeling & Lake Erie Railway
8-31*
12-20
75c
Valf.pai Corporation,
(s-a)_—
Vapor Heating Corp.
5% preferred (quar.)
5% preferred (quar.)——
———
Vertientes-Camaguey Sugar (quar.)
Viceroy Mfg.;Co., Ltd
.—
Vicksburg Shreveport & Pacific Ry, Co.—
$4.25
the
at
established in 1865 by the
was
company
regarded in the industry.
The principal stockholders are
Laird and Eric Dahlberg, who have been actively managing
the company since November, 1944.
Both Mr. Laird and Mr. Dahlberg
highly
have
Canadian non-residents'
deductible
notes
Hugh
dividend.
this
of the Wheeling & Lake Erie Railway, in
proposed lease of the properties of that company.
existence
9-20
75c
pfd.
$4 preferred
.Walker
a
20a
75c
,(quar.)
(quar.)
preferred (s-a)—
Virginia Coal & Iron Co.
The
is
to issue
Co.
5%
7-12
resident tax 7%.
Wisconsin
assume
as
9-30
Vacuum Foods $2 conv.
Common
7-12
request by the New York, Chicago & St. Louis RR. for authority
bonds, notes, br other obligations and evidences of indebtedness
be necessary to acquire shares of stock of the Wheeling &
Lake Erie Ry. tendered by dissenting stockholders was likewise denied.
9-12
8-
(quar,)..;
.L-vL
(quar.)
Upper Peninsular Power, 5%% pfd.
preferred
preferred
1
The
7-30
1
60C
^
6%, preferred A (quar.)
4l/st% scries B preferred
prior
8-
series A,
That
Upper Michigan Power & Light Co.—
Utica Knitting
3%
30%
& St. Louis
$1.06%
preferred
4%%
9
10-
$$1
v;
Eytra
Pictures
7-12
$31'/4c
the New York, Chicago & St. Louis RR. for authority
and
principal payments
maturingduring the
existence of the lease on such obligations as the Wheeling & Lake Erie
Ry. may hereafter incur, upon written request of the New York Chicago
8-24
9-
-
Universal
7-13
The request by
to
3
(quar,)_
common
8-12
(quar.)
(Continued from
with
7-12
V. 7-12
9-
(quar.)—
Tobacco,
7-15
8-1
Investment News
10-
•
Universal
1
9-15
5
eoc
preferred
5%
Co.,
8-
to
ASSETS—
25c
(quar.)—.—__
pfd.
$6
Corp.,
Transit
demand
1
General
$75c
'+1
Universal Insurance Co.
gage
follows:
7-30
1
Extra
United
7-20
9-9
5c
of
proceds will be used to pay off a note secured by a mort¬
the Tradesmens National Bank of New Haven and certain
held by the Tradesmens National Bank of New Haven
and the Second National Bank
of New Haven, the total principal
of
the
above being
$14,226, and the balance of the proceeds will
be used to increase the company s cash working balance.
1
1
Inc.;
for
debentures,
net
8-
10-
8-
British income
Less
x
bonds,
*.
88-
15c
—
United Specialties Co.
United Stores
Less
d Less
7-15
—
6% pfd.
1
9- 1
f37V2c
7-15
1
8-31
25c
,
—
U. S. Radiator Corp.,
1
9-
9-15
9-20
(quar.)
8-17
10-
8-15
38c
—
Quarterly
Quarterly
9-
9-15
$1.12'/a
$1.25
closed
'
• $1.12ya
The
S. Funds, less
Canadian funds,
1, 1964, at par
due May
'
each in the amount of $5,000 have been sold to
the company, who, in consideration for
the
debentures,
have surrendered their notes aggregating $13,376,
and
paid the balance in cash.
25c
Fields,
company,
debentures,
5%
noteholders
former
1
;
8-
87 '/a C
(quar.):
United Grain Growers, Ltd.—
. .
5% non-cum. preferred A (annual)....—
Co
,
U. S. Flie insurance Co. (quar.)
U. S. Guarantee Co.
(N. Y.)__
U. S. Hoffman Machinery Corp.
4Vilo partic. preferred (quar.)
U. 8. Pipe u Foundry Co.
interest.
8-
7-18
10-15
$1.12'/a
A preferred
Illuminating
$35,000
1
Three
—
tax
a
Tool Corp., class A (quar.)
ing
7-
8-22
25c
8-15
8-
b-lu
al5%
(quar.)
15%
8-18
$1 25
8-12
1
'9-
7-11
8-
unpaid interest and
Wall St., New York,
Aug. 11, 1949.—V. 168,
14
'9-1
50c
$50c
15%;
on
Orange, Conn.—Deben¬
through its agents, Day,
Stoddard & Williams, Inc., New Haven, Conn., is offer¬
Offered—The
tures
7-30
62 V2O
(quar.)
fPayable
resident tax
(EDST)
31'Ac
;
preferred
not
accumulated
corporation,
the
a.m.
(S. D.) Woodruff & Sons, Inc.,
8-19
75c
books
10
8-12
common
in
than
8-19
1
(quar.)
Ltd.—
Co.,
tPayable in U.
9-10
7- 7
iquar.)
United Electric Coal Cos. (quar.)—...
United Fuei investments, Ltd.—
United
8
8-
3
2
(quar.)..
class
•Transfer
9-20
1
8-15
10-
8-15
B
Class
10-
$12 Vac
preferred (quar.)
Cigai-Whelan Stores—
convertible preferred (quar.)
iCorporations, Ltd., class A (quar.).
B
8-
the
later
and
(quar.)
Gold
and
fixed
of
hands
1946.
in
1
9-
25c
Consolidated
Ltd.,
p.
Jr., Company—
preferred
$1.12%
Canada, Ltd.—...—
Co. of
United Drill &
6%
6%
25c
preferred (quar.)
$3.50 prelerred <quar.)_
Union Oil Co. of California (quar.)
:
United Air Lines, Inc., 4%% pfd. (quar.).
United Aircraft Corp.—
5% convertible preferred (quar.)
United Artists Theatre Circuit, Inc
United Biscuit Co. of America, com. (quar.)
Class
11-10
62&C
$3.70
$3.50
United
11-15
$1.0fa'/4
Union Electric Co. of Missouri—
$4.50 preferred (quar.)
$4.50
Zellers,
20c
Co., $4.25 preferred (quar.)—
Asbestos & Rubber Co. (quar.)
United
b-10
not
8-31
9-
Gas
b-15
Works, Inc., 80c pref. (quar.)
Salle St
South La
Union Gas
;
County
Y.,
25c
25c
Youngstowr Sheet & Tube
Yuba
be
N.
7-15
31V4C
common-
(quar.)__
Mfg. Co
9-16
should
all
includes
which
price
of first
sufficient
at a flat
7-15
8-
$3.50
(monthly)
Tcwne
&
250
TyerURubber
Union
Common
York
7-25
8-
(Win,),
1
8- 2
d$1.25
Company
preferred
1
——
(quar.)__
common
&
prior
25c
•
8-31
(quar.)
Inc.,
W.)
prior
Wngley
•
8-12
10-
pfd.
W.)
conv.
Yale
8-15
20c
$1.50
ruiAvj
Quarterly
Tuns-Sol Lamp
8-31
(quar.)
4'A%
5%
(quar.
preferred
$6
Common
4Vfc%
(irreg.)
common
7-30
9-15
9-15
Ordinary (interim)
Wortlungton Pump & Machinery Corp.—
Power Co. (quar.)
Tobacco
Trane
(F.
(F.
has invited tenders for the sale to it
mortgage 6% income bonds due May 1, 1963, to an amount
to exhaust
the sum of $165,000.
Tenders should be made
fcorporation
—
Machinery Corp.,
preferred
conv.
9-12
7-20
50c
securities Trust Co., Ltd.—
Amer. dep. receipts ordinary (interim)...
Toledo EUiton. 4%% preferred (quar.)....
Trade Bank & Trust Co. (N. Y..) (quar.)
8-15
(accum.)
Industries,
1
5%
James)
preferred
conv.
1
10c
4% preiencu
&
preferred
Wood Newspaper
9-15
8-
$1.12'/a
(quar.).
pfd.
s%
4'/a
$1.25 conv. pfd. (quar.)
$2.50 preferred (quar.)_
Textron, Inc.,
rr^rmoid Company,
Tidewater
1st
$1.50
— — ^
PubJc Service,
(Alexander
$1.75
—---
Texas jtvww.
6%
9-23
75c
Texas
d28c
Iquar.)
Corp.—Tenders Sought—
Witherbee Sherman
7-15
d$1.12'/2
common
(quar.)—
t5c
Hughes
7-31
d$1.20
U2'/aC
Tec*
Holders
Payable of Rec.
The
(quar.i
Power
When
Share
Power
49
(441)
CHRONICLE
Per
Company
Electric
Wisconsin
Ltd.-
conv. F
5 <j0
FINANCIAL
_
Name of
7-18
40C
Company (quar.
&
&
Holders
Payable of Rec.
$1
Biscuits, Inc. (i
cmshine
COMMERCIAL
maintain
a
predecessor."
the business outlook McDonald said that Zenith
substantial business volume.—V. 170, p. 249.
v
expects
*
50
(442)
■
THE
COMMERCIAL
STATE AND
FINANCIAL
&
CHRONICLE
Monday, August 1, 1949
DEPARTMENT
CITY
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
Los Angeles
County Sch. Dists.
(P. O. Los Angeles), Calif.
Conecuh
County (P. O.
Evergreen), Ala.
Warrants
Sold
—
An
issue
of
$60,000 school warrants has been
sold
to the Trust Co. of Georgia,
Atlanta, and George M. Wood
.& Co. of Montgomery, jointly, as
2s, at a price of 100.66, a basis
of about 1.87%.
Due $6,000 on
July 1 from 1950 to 1959 inclu¬
of
sive.
Bond Offering—Harold J.
Ostly,
County Clerk, will receive sealed
oids until 9 a.m. (PST) on Aug. 2
.or
the purchase of $991,000 not
to
exceed
5%
bonds, divided
interest
school
follows:
as
$266,000 Downey Union Sch. Dist.
bonds. Due on Aug. 1, as fol¬
lows:
$11,000 in 1950, and
$15,000 from 1951 to 1967 in¬
clusive.
725,000
CALIFORNIA
San Gabriel Sch. Dist.
bonds.
Due on Aug. 1, as
follows: $25,000 from 1950 to
.
Canada
Sch.
Dist.,
Angeles
County (P. O. Los Angeles), Calif.
Bond Sale—The
Los
National
Bank
of
Los
Angeles,
and R. H. Moulton &
Co., both of Los Angeles, jointly,
as
2y4s, at a price of 101.09, a
basis of about 2.10%.
1, 1949.
Due Aug. 1 from 1950 to
1965 inclusive.
bidder
a
The second
Weeden
was
2y4s, at
East
Dated Aug.
&
highest
Co.,
for
Bond
Union
Sale
The
—
$1,200,000
bonds offered July 25—v.
170, p. 346—were awarded to a
syndicate composed of the Bank
of America National Trust & Sav¬
ings Association, Blyth &
Co.
of
San Francisco,
Harris, Trust &
Savings Bank, of Chicago, Heller,
Bruce & Co., of San
Francisco,
Paine, Webber, Jackson & Curtis,
of Chicago, J. Barth &
Co., Kaiser
& Co., Lawson, Levy & Williams
Schwabacher
and
&
Co.,
all of
-San Francisco, Blair &
Co., Inc.,
^JStone & Youngberg, of San Fran¬
cisco, C. N. White & Co., of Oak¬
land, and Hannaford & Talbot, of
.
San
Francisco, at
basis of about
a
$250,000
as
price of 100.15,
2.12%, as follows:'
a
3y4s.
Due
Aug. 1
on
from 1950 to 1954 inclusive.
,
260,000
as l%s.
Due on Aug.
from 1955 to 1958 inclusive.
365,000
2s.
as
Due
Aug.
on
1
as
2y4s.
Due
Aug.
on
1
from 1964 to 1967 inclusive.
Dated
rate
of
interest,
lA of 1%. Principal
(A-O) payable at the
County Treasurer's office. A cer¬
tified check for 3% of the amount
of
the bonds
of each issue,
pay¬
able to the Chairman of the Board
of
Supervisors, is required.
Memorial Union High
School District, Ventura County
(P. O. Ventura), Calif.
Bond
Sale—The
$75,000 school
3onds offered July 26—v. 170, p.
346—were awarded to Weeden &
about
1950
1953
The
1949.
a
June 15 from
on
1952 inclusive.
to
50,000 iy2s. Due
June 15 from
1957 inclusive.
to
bonds
on
dated
are
June
15,
Second high bid, based on
cost of 1.46%, was
net interest
made by
the Bank of America
National Trust & Savings Associa¬
tion, of San Francisco.
Ramona Sanitation Dist., San Diego
County (P. Or San Diego), Calif.
'Bond Sale—The $70,000 sanita¬
tion bonds offered July 25—v. 170,
p. 249—were awarded to the Wil¬
liam R. Staats Co., of Los
Angeles,
Redfield & Co., of Pasadena,
jointly, as 3y2s, at a price of
101.37, a basis of about 3.35%.
Dated July 1, 1949.
Due July
Francisco
at
(City and County)
Bond
Offering —John
for
10
(PST)
purchase of
a.m.
the
to exceed
divided
6%
$2,000,000
Series
1968
to
1980
1954
inclusive,
July 1 from
July 1 from
are
to
and
1964
were
election
$139,000
inclusive
authorized
held
Nov
on
4, 1947. A certified check for
$2,000, payable to the Treas¬
of the
urer
City and County
J-J.
1969
1950
$1,000
and
inclusive.
A certified check
dated July
on
2.82%, was made by
Co., Paine, Webber,
Curtis, and Schwa-
1,500,000
municipal railway
re¬
habilitation
1947
Series
bonds.
Aug.
1,
Due
D
fol
as
&
Jackson
&
Helm
School
Dist.
COLORADO
linsoil,
City1 Clerk,
receive
(MST)
purchase of
Bond
Offering—Helen C. Tom-
linson,
Clerk,
City
will
receive
(MST)
Aug. 3 for the purchase of $17,500 sidewalk and paving district
No. 14 bonds. Dated Sept. 1, 1949.
Due Sept. 1, 1960. The approving
opinion of Myles P. Tallmadge, of
Denver, will be furnished to the
purchaser by the City.
Fresno
County
(P. O. Fresno), Calif.
Offering—E. Dusenberry,
Bond
County Clerk, will receive
bids
until
10:30
a.m.
sealec
(PST)
on
Aug. 9 for the purchase of $40,000
not
to
exceed 5%
interest schoo
bonds. Dated Sept.
1, 1949. De¬
nomination $1,000. Due
$4,000 on
Sept. 1 from 1950 to 1959 inclu¬
sive. Principal and interest
(M-S)
payable at the County Treasurer'
office. A certified check for
$1,
000, payable to the Board of Su
pervisors, is required.
were
authorized
tion held
payable
the
elec
the
Nov. 4, 1947. A
for
$1,500,
on
certified
at
check
to
the
City and
Treasurer
County,
is
quired.
7,550,000 sewage treatment
of
re
Series A bonds. Due Aug. 1
follows: $189,000 in 1950
as
$526,000
from
inclusive,
1962 to
bonds
and
1951
to
196_
$525,000
from
1964 inclusive.
These
authorized at the
election held on June
1, 1948.
A
were
certified
check
for
1969.
»
receive
a.m.
to
1969,
City
May 1,1959,
on
on
any
interest payment
thereafter at a redemption
of par and accrued
or
interest to date
of the bonds if
value
in the following years;
1960; iy2% in 1961
1962; 1% in 1963 or 1964; %%
or
in
1965
Connecticut (State
Bona
v/iiering
of)
1966.
On
and
ceive
sealed
(DST)
A.
until
clusive.
office,
at
or
necticut
at
the
the
at
and
interest
State Treasurer's
the
Trust
Hartford
Co.,
Con¬
Hartford,
Manufacturers
Trust
or
Co.,
multiple of V8 of 1%.
The ap¬
proving opinion of Storey, Thorndike, Palmer & Dodge, of Boston,
will be furnished to the purchaser
at the expense of the State.
A
certified
able
to
25—v. 170, p. 346—were awarded
to R. L. Day & Co., and Coffin &
Burr, both of New York, jointly,
as
1.70s, at a price of 100.61, a
basis of about 1.63%.
1,
$7,550, 1950
1949.
to
of
Cleveland, Ballman
&.'Main|
Sills, Fairman & Harris, both
of Chicago, as 23/4s, at a
price of
100.12, a basis of about 2.74%.
Dated Aug. 1, 1949. Due on
May
1 from 1953 to 1979 inclusive.
The
second highest bidder was
Harris,
Hall &vCo., and
Associates, for
$70,000 as 3s, and $280,000 as 2%s.
and
Williamson
County
Community
Sch. Dist. No. 207 (P. O. Herrin),
Illinois
Due
on
Dated Aug
Aug.
1969 inclusive.
1
Sold—An issue of
Bonds
from
$460,-
000 school
building bonds has been
Benjamin Lewis & Co., of
sold to
Chicago,
follows:
as
$172,000
3V4s.
as
Due
from 1951 to 1957
168,000
3y2s.
as
on
Feb.!
inclusive./
Due
on
Feb. 1
from 1958 to 1964 inclusive.
120,000
....
3%s;
as
Due
from 1965 to 1969
on
,
Feb. ,1
inclusive./)
Dated June
1, 1949. Denomina¬
tion $1,000. Principal and interest
(F-A) payable at the Harris Trust
& Savings Bank, Chicago. Legal¬
ity approved by Charles & Trau¬
ernicht, of St. Louis.
INDIANA
Hammond ' Sch.
Bond
Offering
City, Ind.
—
N.
Charles
the Treasurer of
syndicate composed of RobinsonHumphrey Co., Trust Company of
the Board of Trustees.
Georgia/ Brooke,
Tindall & Co.,
J. H. Hilsman & Co., and Wyatt,
Neal & Waggoner & Co., all of At¬
lanta, at a price of 106.82, a basis
of about 2.467%. Dated July 1,
name
at the expense
on
Jan. 1 from 1950
to 1979 inclusive.
office
the
at
the
pressed in
y8%. The
Chapman
of
rate
approving opinion of
Cutler, of Chicago,
&
will
purchaser
value of said
the
bonds, payable
School
of
the
O.
Cannelton)t
Treasurer
City, is required.
Bond Offering—Fred. R. Bagley,
Clerk,
ex-1
multiple of 1/10 or
a
of the School City.
A certified check for V-h.% of the
to
Boise, Ida.
City
Bidders to,
interest,
of
will be furnished to the
par
IDAHO
receive
•
Perry County
sealed
bids until Aug. 17 for the purchase
of $315,000 not to exceed 4% in¬
(P.
Indiana
Bond
$25,000
Sale —The
hos¬
pital, 1949 bonds offered July 25
—v. 170, p. 347—were awarded to
$105,000 bridge bonds.'
a syndicate composed of the Flet¬
210,000 fire station bonds.
cher Trust
Co., City Securities
These bonds were authorized at Corp., Indianapolis Bond & Share
the election held on June 28.
Corp., and Raffensperger, Hughes
& Co., all of Indianapolis, as 2%s,
Latah County, Moscow Sch. Dist..
at a price of 100.06, a basis ;ot
(P. O. Moscow), Ida.
about 2.49%. Due on July 1 from
Bond Sale
The $50,000 con¬
1950 to 1968 inclusive.
struction bonds offered July 25
terest
bonds, divided
follows:
as
—
were
&
awarded
to
the
First
Trust
IOWA
Savings Bank, of Moscow.
for $40,000, pay¬
State, is required.
Bond Sale—The $484,000
school,
Issue of 1949 bonds offered
July
July
a
Council Bluffs, la.
check
the
sew¬
—
re¬
Principal
L
Scott, President of the Board of
Trustees,
will
receive
sealed
bids until 7:30
p.m.
(CST) on
Aug
15
for
the
purchase of
$525,000 not to exceed 5% interest
GEORGIA
school improvement of 1948 bonds.
Pierce County, County School Dist. Dated Aug. 15, 1949.
Denomina¬
tion $1,000.
(P. O. Blackshear), Ga.
Due on June 1, as
Bond Sale
The $200,000 3%
follows: $55,000 in 1953; $350,000
building bonds offered July 25— in 1954, and $120,000 in 1955. Prin¬
v. 170, p. 250—were awarded to a
cipal and interest (J-D) payable
noon
Aug. 4 for the purchase
of $2,000,000 World War II
bonus,
Series III coupon or registered
bonds. Dated Aug. 15, 1949. De¬
nomination $1,000.
Due $200,000
on Aug. 15 from 1950 to 1959 in¬
St
170, p. 347—were awarded
syndicate composed of
Dempsey & Co., of Chicago, Otis & Co.
to
after
on
bids
$350,000
.
Joseph
Adorno, State Treasurer, will
—
of
25—v.
or
and
Sale—The
date
redemption, plus a premium
equal to the following percentages
par
approved by
Trauernicht,
erage revenue bonds offered
price
of
the
\
Riverside, III.
Bond
sealed
Bonds
1960
Legality
&
•
McDowell,
(EST) on Aug.
10 for the purchase of $125,000
not to exceed 5% interest airport
revenue
coupon
or
registered
bonds.
Dated May 1, 1949.
De-r
nomination $1,000.
Due May 1, as
follows: $4,000 in 1950 to 1952,
$5,000 in 1953 to 1958, $6,000 in
ILLINOIS
Bond
:
Herrin, III.
Bonds Sold—An issue of $265,-
Orange, Conn.
1948
will
bids until 11
Jan
on
special election
1.
1949 and due
CONNECTICUT
a
to
bonds
Clerk,
order
author-1
held
the
at
June
maturing in
callable in in
are
Principal
and
interest
(J-J)
payable at thq Northern
Trust Co., Chicago.
Aug. 3 for the
May 1, 1967, said bonds shall be
$100,000 water revenue, Series of redeemable
without '
premium.
1949 coupon bonds. Dated July 1,
Principal and interest (M-N) pay¬
1949.
Denomination $1,000.
Due able at the Guaranty Trust Co.,
$10,000 on July 1 from 1950 to New York City, or at the holder's
1959 inclusive. Bonds maturing in
option, at the First National Bank
1955 to 1959, shall be redeemable
of Orlando. Bidders to name the
at the option of the City in in¬ rate of
interest, expressed in a
verse numerical order on July
1, multiple of 1/10 or y4 or 1%. The
1954, or on any interest payment approving opinion of Caldwell,
date thereafter. Principal and in¬
Marshall, Trimble & Mitchell, of
terest payable at the office of the New York
City, will be furnished
City Treasurer.
The approving to the purchaser without cost.
A
opinion of Myles P. Tallmadge, certified check for 2% of the par
of Denver, will be furnished.
A value of the bonds bid for, pay¬
certified check for $2,000 is re¬ able to the
City, is required.
quired.
on
ized
on
Bonds
1969
numerical
Louis.
Offering—Ed.
2% in 1959
will
inclusive.
1957
City
$1,000.
1968 and
verse
Orlando, Fla.
Bond
redeemed
sealed bids until 7:30 p.m.
$104,000
These
June 1 from 1950 to
on
FLORIDA
of
Grand Junction, Colo.
Bond Offering—Helen C. Tom-
New York City. Bidders to name
the rate of
interest, expressed in
from
Charles
Due
1969 inclusive.
tion of the
amount of the
bonds, pay¬
able to the Chairman of the Board
of Supervisors, is required.
and
bacher & Co.
1949.
to
1968, and $10,000
maturing in the
are redeem¬
able prior to maturity at the op¬
of
lows: $38,000 in 1950; $105,000
from 1951 to 1956
inclusive,
1959, or any interest payment
date
thereafter at par and
accrued in.
terest. These bonds were
awarded
were
—
years
from
1964
Weeden
Halsey,
Eastman, Dillon
& Co., of New York, jointly, as
1.60s, at a price of 100.52, a basis
of about 1.54%.
Dated July 25,
in
Interest
for 5%
346
Stuart & Co., and
000 in 1967 and
to
the
payable
is required.
1, 1949. Second high bid, based
net cost of
1955
the
at
inclusive.
All of the bonds
Due
of
July 1 from
on
bonds.
cost
1967 inclusive.
194,000 2%s. Due
inclusive,
to
from
tion
to
1961, $7,000 in 1962 to
1964, $8,000 in 1965 and 1966, $9,-
building
1, 1949. De¬
Due on July 1,
$11,050,000
Aug. 1, as follows: $50,000 in
1950; $140,000 from 1951 to
inclusive.
on
8
of
These bonds
1958 to
July
Simsbury, Conn.
$600,000 school
bonds offered July 26—v. 170, p.
Bond Sale—The
1959
interest
5%
Dated
nomination $1,000.
as
follows: $2,000
improvement
B
$83,000 2%s. Due
121,000 2^s. Due
Aug.
on
price
a
interest
on
exceed
;o
bonds.
interest bonds
street
1947
from
1957
County Clerk, will receive sealed
sids until 10 a.m. (PST) on Aug.
for the purchase of $27,000 not
1
follows:
as
about 2.679%, as follows:
to
Mc-
pervisors, will receive sealed bids
-
1950
R.
Grath, Clerk of the Board of Su¬
not
net
Smith,
sealed bids until 7:30 p.m.
California
ciation, Dean Witter & Co., Lawson, Levy & Williams, and Stone
& Youngberg, all of San Franisco; C. N. White & Co., of Oak¬
land, and Hannaford & Talbot, of
a
Bond Offering—Waldo J.
1.4507%ras follows:
$25,000 iy4s. Due
until
100.208,
Siskiyou County, Butteville Union
Elementary Sch. Dist. (P. O.
Yreka), Calif.
Co., of San Francisco, on a bid
reflecting a net interest cost of
composed of the Bank of America
National Trust & Savings Asso¬
Francisco,
County, in New York City. Bid¬
ders to name the rate of interest,
expressed in a multiple of V\ of
1%.
The approving
opinion of
Orrick, Dahlquist, Neff & Herrington, of San Francisco, will be
furnished to the purchaser.
1956
Moorpark
Valley, Calif.
July 26—v. 170, p.
346—were awarded to a syndicate
San
1, 1949. Denomina¬
tion $1,000. Principal and interest
(F-A) payable at the office of the
Treasurer of the City and County,
or, at the holders' option, at the
fiscal
agency
of said City and
on
Bond Sale—The
$398,000 sewer
-
a
from 1950 to 1972 inclusive.
bonds offered
a
in
expressed
Aug.'l, 1949.
Grass
of
inclusive.
multiple of
San
"
1969
and interest
and
1
from 1959 to 1963 inclusive.
325,000
to
$40,000
Dated Aug.
1957
High Sch. Dist.,
Santa Clara County (P. O.
San Jose), Calif.
school
1955
and
Dated Aug. 1, 1949. Denomina¬
tion $1,000. Bidders to name the
price of 100.62.
Side
inclusive,
from
$239,000 school
bonds offered July 26—v. 170, p.
346—were awarded to the Secu¬
rity-First
1954
payable to the Treasurer of
the City and County, is re¬
quired.
000
sewage disposal plant
has been sold to Benjamin
&
Co., of Chicago,
$69,000
as
as
3V4s>- Due
bonds
Lewis
follows:
on
Jan.
1
from 1951 to 1955 inclusive.
98,000
as
3%sT
Due
on
Jan.
1
from 1956 to 1969 inclusive.
Dated June
15,1949. Denomina¬
terson,
sealed
Offering
City
—
"
Albert E. Pe"
Clerk,
will receive
(CbD
bids until 7:30 p.m.
Aug. 3 for the purchase of
$310,000 sewer bonds. Dated Jim
1, 1949.
Due $15,000 on Dec. *
from 1950 to 1959 inclusive;
$RV|
on
000
on
Dec.
1
from
1963 to
19b
inclusive, and $16,000 on June ?
1969. Principal and interest payahU at thP Citv Treasurer's office.
!
furnished by the City.
check for 2% of the
1, 1949. Denomina¬
$1,000.
Legality to be ap¬
proved by Charles & Trauernicht,
Sale—The $160,000 street
improvement bonds offered July
Cameron Parish School Dist. No. IS
exceed
170, p. 347—were awarded
Bond Sale—The $115,000 build¬
tn Halsey,
Stuart & Co., as IV2S,
It a price of 101.16, a basis of ing and equipment bonds offered
July
26—v.
170,
p.
51—were
129%
Dated July 1,,1949. Due
awarded to Weil & Arnold, of
I 0n Dec 1 from 1950 to 1958 inclu¬
New Orleans, on a bid reflecting
sive and June 1, 1959. Legality a net interest cost of about
2.89%,
approved by Chapman & Cutler, as
follows:
'of
Bank, jointly,
$22,000 4s. Due
1950
bonds
interest
July
1,
$436,000 coupon bonds, divided
second
highest
follows:
chants
National
1950 to 1958 inclusive.
1949
Cutler,
Chicago,
of
nished
be fur¬
purchaser without
the
to
will
cost. A certified
check for $5,000
payable to the Police Jury,
quired.
15
is re¬
30,000
'
'
from
—J. M. Grimes,
Bond Offering
2%s.
Treasurer,
will
receive
oral bids until 11 a.m. (CST) on
Aug. 17 for the purchase of $8,750,000 not to exceed 2M>% inter¬
est service compensation
bonds.
1958
34,000 3s.
from
State
Due
to
2%s.
14,000
March
1967
inclusive.
Due
15
'
March
on
.
15
The
bonds
are
Second
1949.
Bond Offering—Horace P. Phil¬
for
10
dated
Sept.
not to
15,
the purchase
divided
high bid, based on
as
Fitchburg, Mass.
offered
1964 inclusive.
July 26—v.
to
awarded
were
bonds
Sale—The $295,000
Bond
170, p. 348—
the First Na¬
Sept. 1, 1949.
Trust &
Banking Co., Bangor.
to 1954 inclusive.
Legality to be approved by Eaton
& Peabody, of Bangor.
60,000 youths' library bonds. Due
On Aug. 1 from 1950 to 1959
MASSACHUSETTS
100,000 water mains bonds. Due
on Aug. 1 from 1950 to 1964
inclusive.
of $4,500,000
Bond
interest bonds,
4%
exceed
on
Denomina¬ tional Bank, of Boston, as 1V2S, at
tion $1,000.
Bidders to name the a price of 100.81, a basis of about
rate of interest, expressed in a
1.33%, as follows:
multiple of Ya of 1%.
Principal $35,000 fire department equipment
and interest payable at the East¬
bonds. Due Aug. 1 from 1950
lips, Secretary of the Board of
Liquidation, will receive sealed
bids until 11 a.m. (CST) on Aug.
in 1968 and 1969.
$17,000
Rugg, of Boston.
1950 to
Dated
ern
on
construction
Due
clusive.
New Orleans, La.
15
inclusive.,
1962
to
Due
1963
March
on
1.02% discount.
Notes'are dated July 27,
1949.
Denominations
$50,000,
$25,000,
90,000
permanent
public im¬
provement
of
1949 bonds.
Due $6,000 on Sept. 1 from
an
approving opinion of Chapman &
at
bidder was Mer¬
Bank, of Boston,
of $10,000 and $5,000. Due on Nov.
30, 1949.
Legality approved by
Sept. 1 from 1950 to 1963 in¬ Ropes, Gray, Best, Coolidge &
school
bonds.
238,000
April 4, 1949. The
on
1949 bonds.
$12,000 on Sept. 1 from
Due
De¬
at
hospital of
$108,000
drainage
1949.
authorized
were
election held
1954
inclusive
Due on March
Living¬
nomination $1,000. Due on July 1
from 1950 to 1969 inclusive. These
March 15 from
on
O.
of
as
(P.
from 1955 to 1957 inclusive.
(State of)
Iowa
to
15,000 2y2s.
for l%s, at a
101.16.
| price of
Dated
The second highest
Chicago.
bidder was First National Bank,
Chicago, and Council Bluffs Sav¬
ings
4%
bonds.
(P. O. Cameron), La.
25_1v.
Parish
51
(443)
CHRONICLE
Bond Offering — Josephine S.
Slocum, Secretary of the Police
Jury, will receive sealed bids un¬
til 10 a.m. (CST) on Aug. 27 for
the purchase of $350,OOu not to
of St. Louis.
Bond
FINANCIAL
ston), La.
tion
,
Bluffs, la.'
Council
.
Livingston
Dated July
amount of
| the bonds is required.
COMMERCIAL &
$1,000, payable to the School
Board, is required.
will be
A certified
Cutlet, of Chicago,
&
man
THE
Number 4825
170
Volume
Ashland, Mass.
—
Ida M. Potts,
Town
follows:
inclusive.
Offering
will receive
sealed bids until 1 p.m. (DST) on
Treasurer,
100,000 street construction bonds.
Due on Aug. 1 from 1950 to
1964 inclusive.
2, 1948. Denomina¬ a net interest cost of 2.912%, was $1,500,000 Street Imp. Series C. Aug. 2 for the purchase of $120,Dated Aug. 1, 1949.
bonds.
Due Oct. 1, 1951 to 000 school addition coupon bonds.
tion $1,000. Due $1,750,000 on Dec. made by a group
composed of
Denomina¬
1989.
The
amount
of the Dated Aug. 15, 1949.
1 from
1949 to 1953 inclusive. Equitable Securities Corp., Scharff
Haverhill, Mass.
bonds maturing in
Bidders to name the rate of inter¬ & Jones, and Glas & Co... •
each of tion $1,000. Due $6,000 on Aug. 15
Bond Sale—The $315,000 bonds
;
such years to be named by from 1950 to 1969 inclusive. Bid¬
est, expressed in a multiple of Ya
offered July 28 were awarded to
[ of 1%. Principal and 'interest Cameron Parish Road Dist. No. 7
the bidder in his bid in such ders to name the rate of interest,
(P. O. Cameron), La.
!
expressed in a multiple of Ya of the Harris Trust & Savings Bank,
manner that when the annual
(J-D) payable at the State Treas¬
Bonds Publicly Offered—White,
Principal and interest pay¬ of New York, as l%s, at a price
interest is added thereto, the 1%.
urer's office. The approving opin¬
Hattier & Sanford, of New Or¬
of 100.172, a basis of about 1.185%.
ion of
Chapman & Cutler, of
several annual total amounts able at the Second National Bank
Second high bid of 100.52 for lYzS
leans, ..are publicly offering an
of principal and interest to be of Boston. The approving opinion
Chicago, will be furnished at the
issue of $300,000 bonds, divided as
of Ropes, Gray, Best, Coolidge & was made by Salomon Bros. &
expense of the purchaser. A cer¬
paid, shall be as nearly
Hutzler.
follows:
tified check Tor 2% of the par
equal as practicable; provided Rugg, of Boston, will be furnished
to the purchaser.
Sale consisted of:
value of the bonds, passable to the $61,06$ 2%%iroad bonds. Due on
that in no case shall the an¬
r:*'Aug. 1, as follows: $12,000
nual
State Trea8urer,i£-fequiredv I.
charges
for
principal
$200,000 municipal relief loan, Act
Canton, Mass.
from 1950 to 1953 inclusive}
of
1949, 153rd Issue bonds.
nv;
tihd interest vary more than
Note Sale—The $60,000 notes of¬
!. „.Traer, la.
and $13,000 in 1954.
Due $50,000 from 1950 to 1953
r'i*any two years
fered July 27—v.
Bonds Sold—An issue of $70,000
170, p. 347—
inclusive.
/ '
•
68,000 21/2% road bonds. Due-on #77* throughout the life of the
were awarded to Robert Hawkins
[ electric light plant bonds has been
Aug. 1, as follows: $13,000 in
bonds.
150,000 Macadam pavement and
& Co., of Boston, as lyzs, at a
sold to the Carleton D. Beh Co.,
1955
and
1956, and $14,000
sidewalk 154th Issue bonds.
3,000,000 grade separation, Series
of Des Moines, as 3s.
from 1957 to 1959 inclusive.
B bonds. Due Oct. 1, 1951 to price of 100.31, a basis of about
Due $21,000 on July 1 from
1.42%, as follows:
1950 to 1954 inclusive.
1989.
The
amount
of
the
171,000 2%% road bonds.
Due
Waterloo, la.
on Aug. 1, as follows: $15,000
bonds maturing in
each of $15,000 additional water supply
Bond Sale—The $115,000 bridge
10,000
surface
drainage
and
notes. Due on Aug. 15 from
in 1960 and 1961; $16,000 in
such years to be named by
sewer, 155th Issue bonds. Due
bonds offered July 26—v. 170, p.
1950 to 1952 inclusive.
1962 and 1963; $17,000 in 1964
the bidder in his bid in such
$1,000 on July 1 from 1950 to
251
were
awarded to
Halsey,
and 1965; $18,000 in 1966 and
45,000 sewer bonds. Due on Aug.
1959 inclusive.
manner that when the annual
Stuart & Co., as l%s, at a price
15 from 1950 to 1958 inclu¬
interest is added thereto, the
1967; $19,000 in * 1968, and
of 100.12, a basis of about 1.48%.
Bonds are dated July 1, 1949.
Dec.
Dated
,
•...
-
*
,,
,
,
•
,
—
Due Nov. 1 from
1950 to
Harris Trust &
was
Iowa
Chicago,
bidder
Savings Bank,
Moines,
and
jointly,
for
io2.25.
Na¬
Co.,
Des
Trust
&
Bank
tional
Moines
Des
White-Phillips Co.,
l%s, at a price of
„
.
.
..
$20,000 in 1969. ;r.
1967 in¬
clusive. The second highest
.
/,;
tion
of $135
000 building bonds has been sold
to the City National Bank & Trust
Co.,
of Kansas City,
and the
Small-Millburn Co., of Wichita,
jointly.
(P. O. De Ridder), La.
B°nd Offering—K. L. Hanchey,
Secretary of the Parish School
Board, will receive sealed bids
'
until 10
(CST) on Aug. 19 for
the purchase of
$365,000 not to
exceed 4% interest school
bonds,
a.m.
divided
as
follows:
$150,000 Sch.
Dist.
No.
2
bonds
:
Due $8,000 from 1950 to 1953
;
inclusive; $9,000 from 1954 to
1956 inclusive;
$10,000 in 1957
and 1958; $11,000 in 1959 and
1960; $12;000 from 1961 tb
1963 inclusive; and $13,000
1
,
JP 1964. A certified check for
■
.$3,000, payable to the School
Board, is required.
'
v
•'
100^00 Sch. Dist.
Due
No.
6 bonds.
$5,000 from 1950 to 1952
inclusive; $6,000 from 1953 to
inclusive; $7,000 from
*1956
r
^57 to 1960 inclusive; $8,000
from
and
-
.
Pe-
se
Due
of
■f
.
July
ec.
.
1968
t
$2,000, payable to
Board, is required
Dist;
No.
29
bonds.
inclusive; $5,000 from 1955 to
1959 inclusive, and $6,000
for
$1,500
required.
*0,000 Sch.
:
check
payable to the School Board
is
pa r
hap-
inclusive,
$4,000 from 19'50 to 1954
certified
1>
ffice.
,
1963
from 1960 to 1964 inclusive. A
1
$16ne
for
d>,000 Sch.
J.
CST)
to
$9,000 in 1964. A certified
check
t"e School
'
ceive
1961
Dist.
No.
8
bonds.
Due $2,000 from 1950 to 1955
inclusive; $3,000 from 1956 to
1963 inclusive, and $4,000 in
1964.
A
certified
check
for
5
L. P.
—
Terre¬
Secretary of the Parish
School Board, will receive sealed
bids until 2 p.m. (CST) on Sept. 1
for the
purchase of $1,725,000 not
4%
interest
school
exceed
1949. De¬
Due on Sept.
Sept. 1,
Dated
nomination $1,000.
•
No.
bonne,
bonds.
LOUISIANA
Offering
Bond
Dist.
Sch.
Plaquenine), La.
(P. O.
to.
Beauregard Parish Sch. Dists.
,
no
in 1951 and
1955
and
1957; $85,000 in 1958 and 1959;
$90,000 in 1960 $95,000 from 1961
1, as follows: $70,000
1952; $75,000 from 1953 to
inclusive;
$80,000 in 1956
to
inclusive; $105,000 from
inclusive; $110,000 in
1963
1964 to 1966
1968 and
1969. The approving opinion
of
Chapman & Cutler, of Chicago,
$115,000-in
and
1967,
the pur¬
chaser without cost. Interest M-N.
A certified check for $34,500, pay¬
able
to
the
Treasurer
of the
will
furnished
be
School Board,
No. 2
Dist4
Sewerage
—
Frank J.
Secretary of the
Police
sealed bids un¬
til 1 p.m. (CST) on Aug. 22 fdf
the purchase of $800;000 "riot to
Jury, will receive
exceed 4%
interest sewer bonds.
1949. Denomina¬
tion $1,000.
Due Sept. 1, as fol¬
lows: $32,000 in 1950 and 1951,
Dated
Sept.
1,
in 1952, $34,000 in 1953
1954, $35,000 in 1955 and 1956,
$33,000
and
shall
the
$36,000 in 1957 and 1958, $37,000
in 1959, $39,000 in 1960, $40,000 in
1961, $42,000 in 1962 and 1963,
$44,000 in 1964, $46,000 in 1965,
$48,000 in 1966, $50,000 in 1967,
$52,000 in 1968, and $53,000 in
1969.
The approving opinion of
Chapman & Cutler, of Chicago,
will be furnished to the purchaser
without cost. A certified check for
terest vary
more
between
any
than $5,000
two
years
life of the
Massachusetts
Dalton Housing
Note
Authority, Mass.
Postponed
Sale
—
The
Offering
Note
bids
sealed
—
Cudihy
J.
ward
will
Chairman Ed¬
that
announces
at
received
be
to be
the office of the State Housing
bonds.
sold on July 28—v. 170, p. 347—
Board, 18 Tremont St., Boston,
were withdrawn from the market.
Dated Oct. 1, 1949. Denomina¬
until 11 a.m.
(DST) on Aug. 4
tion $1,000. Principal and interest
East Bridgewater, Mass.
for the purchase of $195,000 notes.
(A-O) payable at such paying
Bond Sale—The $400,000 bonds Dated Aug. 15, 1949, and payable
agencies in New Orleans, or New
on April 14, 1950.
Legality to be
offered July 28 were awarded to
York City. The approving opin¬
approved by Sullivan, Donovan &
ion of Wood, King & Dawson, of Paine, Webber, Jackson & Curtis,
and Robert Hawkins & Co., both Heenehan, of New York City.
New York City, will be provided
of Boston, jointly, as 2s, at a price
New Bedford Housing Authority,
by the Board of Liquidation, City
of 101.837, a basis of about 1.798%.
Mass.
Dept. A certified check for 3% of
Second high bid of 101.267 for 2s
Bond Offering—Daniel S. Lowthe face value of the bonds bid
was made by Harriman Ripley &
for of each issue, payable to the
ney, Chairman, will receive sealed
of the State
Board of Liquidation, City Dept., Co., Inc., and Halsey, Stuart & Co. bids at the office
is
the
required.
Clay, City
receive sealed bids
(CST) on Aug. 16
for the purchase of $600,000 not to
exceed
5%
interest water and
electric
revenue
bonds.
Dated
will
1,
000
000 in 1951,
1969
1, as follows: $32,-
$33,000 in 1952, $34,-
1953, $35,000 in 1954, $36,in 1955, $38,000 in 1956, $39,in
1957,
$40,000
in
1958,
Bond
mouth,
1,
1949.
Legality ap¬
proved by Storey, Thorndike,
Norfolk
purchase
&
will
Trimble
Marshall,
by the Authority.
->
(P. O. Dedham),
County
Massac h usetts
Sale —The $450,000
Note
notes
July 26—v. 170, p. 348—
awarded to the Granite Trust
Offered
were
Dodge, of Boston.
Bond
Co., of Quincy, as follows:
Essex, Mass.
Palmer &
$300,000 notes at 0.72% discount.
Due on Nov. 10, 1949.
i
Sale—The $150,000 water
Act of 1934 bonds offered
July 27 were awarded to the Lee
Higginson Corp., as 2Yis* at a
price of 101.91, a basis of about
2.09%.
Bonds
are
Denomination
dated July 1, 1949.
$1,000. Due $5,000
July 1 from 1950 to 1979, inclu¬
Principal and interest pay¬
able at the Second National Bank
on
sive.
of
Boston.
Ropes,
Legality approved by
Gray,
Coolidge &
Best,
Rugg, of Boston.
offered
the
Sale—The
$500,000
July 27 were
National
Boston,
Mass.
maintenance
at
Due
discount.
on
0.74%
April 10,
at
1950.
;
July 26, 1949. The sec¬
ond highest bidder was Norfolk
County Trust Co., Dedham, for
$300,000 at 0.72% discount, and
$150,000 at 0.75% discount.
>■
Dated
North
Bond
Mass.
Cancelled — The
Reading,
Sale
bonds, orig¬
sold on July
have been withdrawn from the
$270,000 water mains
inally scheduled to be
awarded to
Bapk, of Cahill,
discount. The
'
Peabody, Mass.
Bond
Offering — Patrick
Shawmut
0.95%
notes
market.
notes
'
tuberculosis hospital
150,000
loan,
Note
Treasurer, will re¬
sealed bids until 11
a.m.
(DST) on Aug. 3 for the
Caldwell,
Mitchell, of New York City,
27,
City
ceive
Aug.
$1,000.
Principal
payable at the Day
Fall River,
Offering—Ralph L. Way-
$16,000, payable to the Treasurer
1950.
Boston,
Co.,
MAINE
Bangor, Me.
15, 1949. Due on July 18,
The approving opinion of
Aug.
be furnished
dated
are
interest
Trust
1959, $42,000 in 1960,
1961, $45,000 in 1962,
1963, $47,000 in 1964,
in 1965. The bonds are
callable in the inverse numerical
order for redemption on Sept. 1,
1954, and on any interest payment
date thereafter at
premiums of
3 % to and including Sept. 1, 1958,
2% to and including Sept. 1* 1962,
and 1% thereafter.
Interest M-S.
The approving opinion of Chap¬
man
& Cutler, of Chicago, will
be furnished to the purchaser at
the expense of the City. A certi¬
fied check for $12,000, payable to
the City Treasurer, is required.
1950 to
^
Housing Board, 18 Tremont Street,
Boston, until 11 a.m. (DST) on
Aug. 4 for the purchase of $975,000
Second Series notes.
Dated
Denomination
and
$41,000 in
$44,000 in
$46,000 in
and $48,000
from
inclusive.
Bonds
000 in
000
Aug. 1
inclusive.
on
200,000 school bonds. Due $10,000
on Aug.
1 from 1950 to 1969
Denomination $1,-
1949.
000. Due Sept.
of:
$200,000 East Bridgewater School,
Act of 1947 bonds. Due $10,-
until 7:30 p.m.
Sept.
scheduled
notes
Sale consisted
Opelousas, La.
Bond Offering—C. L.
Clerk,
$160,000
Inc., jointly.
Police Jury,
is required.
annual
tt
Denomination $1,000; Legality apAug. 15^1949. The second proved by Storey, Thorndike,
highest bidder was Day Trust Co., Palmer & Dodge, of Boston.
Boston, for IY2S, at a price of
Marblehead Housing Authority,
100.19,
,
000
(P. O. Gretna), La.
Offering
Deemer,
to
is required.
Parish
Jefferson
Bond
case
sive,
Dated
charges for principal and in¬
throughout
Parish
Iberville
Hope Sch. Dist., Kans.
Sold—An issue
in
$1,000. Principal and interest
payable at the National Bank of
Commerce, New Orleans. Legality
approved by Chapman & Cutler,
of Chicago. These bonds were au¬
thorized at the election held on
be
KANSAS
Bonds
as
principal and interest to
paid, shall be nearly equal
practicable; provided that
of
March 14.
1
annual total amounts
several
1, 1949. Denomina¬
Dated Aug.
ceive
City
sealed
Treasurer,
bids
until
M.
will re¬
11
a.m.
^
'
52
TTTE
(444)
Aug. 2 for the purchase
water of 1949 coupon
bonds.
Dated Aug. 1, 1949.
De¬
nomination $1,000. Due on Aug. 1,
as
follows: $4,000 from 1950 to
1954 inclusive,
and $3,000 from
1955 to 1964 inclusive. Bidders to
(DST)
Of
on
$50,000
the
name
of
rate
interest,
nished
to the
COMMERCIAL
purchaser. A certi¬
$635,000 as lyzs. Due on April 1
$160, payable to the
District Treasurer, is required.
Sch.
Dist.
No.
4
Dated
1949.
Due on
April 1 from 1950 to 1966 inclu¬
sive. The second highest bidder
Michigan
ex¬
Offering—La
Vere
Bol-
A
,
a
-
1.82%.
\
in,n
Bonds Not Sold
_
Marysville Sch, Dist., Mich.
The $25,000
—
Bond Sale Postponed—The sale
,
building loan, Act of 1949, coupon not to exceed 4% interest buildoffered July 26—v. 170, p. j
jng bonds offered July 25 were
348
were
awarded to the Lee not
The bonds are being reHiggmson Corp., as l%s, at a price offered on Aug. 4.
of 101.17, a basis of about 1.54%.
Dated Aug. 1,1949! Due on Aug.
Detroit, Mich.
1 from 1950 to 1961 inclusive. The
Bond Offering—John N. Daley,
second highest bidder was R. L.
City Controller, will receive
Day & Co. for l3As.
sealed bids until 10 a.m. (EST)
of
$425,000 construction bonds of¬
July 25—v. 170, p. 348—
was postponed
until Aug. 3.
notes
fered
—
(P. O. Dollar Bay),
Michigan
Bond Offering—Howard Rogan,
Osceola Twp.
'
Sale —The $35,000
Note
additional
house
school
notes
loan
will receive
sealed bids until 7 p.m. (EST) on
Aug. 5 for the purchase of $125,000
Aug. 3 for the purchase of $4,500,000 not to exceed 4% interest
of¬ public utility
street railway,
ries I bonds.
fered July 27 were
awarded to the
Merchants National Bank, of Bos¬
15,
highest bidder was First National
Bank, of Boston, for l%s, at a
follows:
as
and
Se¬
$100,000
in
Bonds
;
1968.
are
ceive sealed bids at the First Na¬
check
of the City. A certified
expense
tional
for
$90,000, payable to the
City Treasurer, is- required. :•
of Yarmouth, Yar¬
Port, Mass., until 1 p.m.
(DST) on Aug. 2 for the purchase
of $350,000 coupon bonds, divided
Bank
mouth
Grosse
Bond
No.
follows:
as
Sale
60
Aug. 15 from 1950 to 1969
Woods, Michigan
The $33,000 Imp.
—
Spec. Assmt. Rolls bonds
offered
$300,000 school bonds. Due $15,000
on
Pointe
July 19
—were
awarded
tley
Co.,
&
170,
v.
—
to
H.
252
p.
V.
Sat-
of
Detroit, as 23/4s.
July 1, 1949. Denomination
50,000 school, Act of 1948 bonds.
Due $5,000 on Aug. 15 from $1,000. Due on July l.from 1950
inclusive.
-
Dated
*
•
1950 to
to 1953 inclusive.
1959 inclusive.
Dated Aug. 15, 1949, Denomina¬
tion $1,000. Bidders to name the
of
rate
multiple
interest, expressed in a
of Ya of 1%. ' Principal
and
interest
ond
National Bank of
payable at the Sec¬
Boston, or
the holder's option at the First
at
National Bank of Yarmouth, Yar¬
mouth Port. The approving opin¬
ion of
Storey, Thorndike, Palmer
Dodge, of Boston, will be fur¬
&
nished to the purchaser.
Anchor
Bay
Rural
Agricultural
(P. O. New Britain),
Michigan
Bond Sale—The $400,000 school
bonds offered July 20—v. 170, p.
■s
i
252—were
awarded
to
the
First
of
Michigan Corp., of Detroit, and
Associates, on a bid reflecting a
net
interest cost of about 3.22%.
Dated July 1, 1949. Due on July 1
from 1950 to 1964 inclusive.
T wp.
Sch. Dist.
No.
(P. O. 648 Haggerty Hwy.
R. No. 1,
6
Wayne), Mich.
Offering—Norma
Trues-
purchase of $24,000 not to exceed
4%
are
the
were
,
;h
bonds
received
for which
on
(These
no
Steele,
on
Aug. 1 for the purchase of
$8,000 not to exceed 4% interest
the rate of
a
Bidders
to
name
interest, expressed in
multiple of Ya of 1%. Principal
(A-O) payable at the
and interest
American
National
1960
to
1964.
Bonds
maturing
Bank,
Kala¬
$2,000
1975
and
1979
to
accrued
callable
are
at
interest, plus
par.
pre¬
a
in the amount of $50.00 on
mium
July
1,
1953, at
interest to the
demption,
$20.00
(EST)
on
bids until 7:30 p.m.
Aug. 2 for the purchase
of $82,000 not to exceed 4% inter¬
school
est
bonds.
coupon
Dated
turing in 1960 to 1964 shall be
subject to redemption at the op¬
tion
of the
School
numerical
verse
District in
order
interest payment date
in¬
on
on
any
or
afier
redeemed
as
prior
to
Julv
1,
on
called
re¬
1956.
re¬
for
called for redemption
1962.
on
on
or
after
1960, but prior to July 1,
No
premium shall be paid
bonds called for
redemption on
after July 1, 1962.
Bidders to
name
the
rate
in
a
of
interest,
multiple of Ya
ex¬
of
Principal and interest pay¬
able
at
a
bank
or
trust
company
designated by the purchaser. The
approving opinion of Miller, Canfield, Paddock & Stone, of Detroit
will be furnished to the
purchaser.
A certified check for
$1,600, pay¬
able to
the
District
Treasurer, is
required.
Jackson Union Sch. Dist., Mich.
Bond Sale
The
$1,000,000
building bonds offered July 21—
v. 170, p. 152—were
awarded to a
syndicate composed of Glore, Forgan
—
& Co., Bacon,. Whipple & Co.,
of
,
T
each
to
but
redemption
or after July
1, 1958, but prior
July 1,1960. $5.00 on each bond
July 1,
As
plus
premimum
a
bond
as
for
follows:
called
for
re¬
demption
demption on or after July 1, 1956,
but prior to July 1, 1958. $10.00 on
bond
demption,
re¬
follows:
each bond called for
on
par and accrued
the date fixed for re¬
interest to
for
for
premium
a
each bond called for
on
demption
$15.00
so
accrued
date fixed
plus
each bond
and
par
after
8
As
on or after April 1, 1954,
prior to April 1, 1956, $15 00.
each
to
bond
called
for
re¬
demption on or after April 1, 1956,
but prior to April
1, 1S53, $10.00.
As
to
each
bond
called
for
nomination $1,000. Due
1950
from
1
1964
to
maturing in
Bonds
on or after April 1, 1958,
1, 1960, $5.00. No
premium shall be paid on bonds
called for redemption on or after
April 1, 1960. Bidders to name
but before April
the rate of
interest, expressed in
multiple of Ya of 1%. The ap¬
proving opinion of M.l'er, Canfield, Paddock & Stone, of Detroit,
a
will be furnished to the purchaser.
A certified check for
$5,000, pay¬
able
to
the
District
Treasurer, is
required.
man,
tJ
certified check for
to
$3,000 July
inclusive.
1955
1964
to
ical
order,
July 1, 1954,
and accrued interest, to the
date fixed for redemption, plus a
July 1, 1958, but on or prior to
July 1, 1960; $10.00 on each bond
called for redemtpion after% July
.
.
1, 1960, but on or prior to July 1,
ceive
without premium on
bonds called for redemption after
(CST)
of
July 1, 1962. Bidders to name the
and
of
rate
multiple
interest, expressed in a
of Ya of 1%. Principal
(J-J) payable at the
and interest
Detroit
Trust
bank
a
Co., Detroit, or at
trust
or
company
located
sealed
*
1958
to
1952
as
Due
to
2s<
Due
July 1
inclusive.
on
1957
on
.July 1
from 1958 to 1964 inclusive.
Ypsilanti
and
Van
Buren
Twps.
Frac.. Sch. Dist. No. 12 (P. O.
Route No. 3, Ypsilanti), Mich.
Bond Offering
yer,
District
Paul R. Bow-
Secretary,
will
re¬
p m
to
exceed
4%
1961
1962.
Bidders
to
multiple of Ya or 1/10 of
Principal and interest (J-J)
opinion of Miller, Canfield, Pad¬
dock & Stone, of Detroit, will be
furnished
out
the
to
cost.
A
purchaser with¬
certified
check
for
The
approving
opinion
of
some
market
attorney, together with
printed bonds, will be fur¬
nished by the purchaser at his
own
expense.
A certified check
the
able
interest,
expressed
such bank
at
tution, in
the
in
a
1%.
pay¬
fiscal insti¬
or
State
shall
as
be
designated by the purchaser. The
approving
opinion' of
Gillette,
Nye, Montague, Sullivan & AtDuluth,
of
more,
nished
the
to
for
2%
the
of
will
be
purchaser
School District.
fur¬
by the
A certified check
amount
of
bonds
bid for is required.
MISSOURI
,
-
Kirkwood School District,
Bond
.
bonds
Mo.\
Sale—The $330,000 school
offered
July
27
were
Paine, Webber, Jack¬
son & Curtis of Chicago, and the
Milwaukee
Co.,. of Milwaukee,
jointly, at a price of 100.001, a net
interest cost of about 1.8068%, as
awarded
to
follows:
$26,000
1
_
4s.
Due
1
-55,000
2s.. Due
Feb.
on
.
from
1
Feb.
on
1950 to 1954 inclusive.
from
•
1955 to 1964 inclusive. ; <
249,000 13/4s. Due
for
2% of the par value of the
bonds, payable to the Village, is
required.
of
the
name
by the purchaser.
The approving
in-
inclusive; $2,000 from
inclusive, and $1,000
rate
Feb. 1 from
on
1965 to 1969 inclusive.
The bonds have been approved
to
legality by Charles &
Trauernicht, of St. Louis. Second
high bid of 100.017 for $71,000 l%s
as
..
Fair mount, Minn.,
Certificate Sale—The $100,000
1
water
cates
and
light
offered
252—were
awarded
to
and
170,
cost of about
the
p.
Mil¬
waukee
Co., of Milwaukee, as
1V2S, at a price of 100.80, a basis
Halsey, Stuart & Co., and George
Co., jointly.
K. Baum &
Springfield Sch. Dist., Mo.
of about 1.29%. Dated
Due
on
July 1, 1949.
July 1 from 1950 to 1959
inclusive.
The
second
highest
bidder was C. S. Ashmun Co., and
Shaughnessy & Co., jointly, for
l%s, at a price of 100.28.
Litchfield,
Bond Sale
—
Minn.
The
July 25—v.
170, p. 252—were awarded to the
Litchfield
100.38,
a
as
National
1.40s, at
basis
of
a
Bank," of
price of
about
1.31%.
Dated July 1, 1949. Due on July 1
from 1952 to 1956 inclusive. The
second
highest
bidder
was
the
First National Bank,
Minneapolis,
and First National Bank, St.
Paul,
jointly,
for- 1.40s,
at
a
Bond
Offering—A.
R.
Stewart,
Secretary of the Board of Educa¬
tion, will receive sealed bids un¬
til 7:30 p.m. (CST) on Aug.
the purchase of $1,000,000
school bonds.
Dated Aug.
15 for
1%%
1, 1949.
Denomination
$45 000 road
repair bonds offered
Northwestern
$259,000 2s, or a net interest
1.952%, was made by
certifi¬
revenue
July 21—v.
price
of
100.06.
1,
$1,000.
Due Aug.
follows:
$50,000
from
as
1951
in
to
1957
1958;
1961
and
$100,000
1959 to
$50,000 in 1962;
1963 and 1964.
inclusive;
$150,000 1 from
inclusive;
$25,000 in
Principal and interest (A-O) pay¬
able
at
a
bank
to
be
designated
by the purchaser. The approving
opinion of Charles & Trauernicht,
of St.
Louis, will be furnished
the District. A certified check
by
for
$10,000, payable to the District, is
required.
into
505,000
follows:
8
in the State and to be designated
accrued interest. Bidders to
from
as
not
1952 to 1957
in
Town
l3As.
until
building bonds. Dated July
1, 1949. Denomination $1,000. Due
on July 1, as follows:
$1,000 from
bids until 2 p.m.
(CST) on Aug. 2
for the purchase of $60,000 school
as
bids
Aug. 3 for the purchase
on
$15,000
District Clerk, will receive sealed
1.92%,
M
re¬
terest
1962;
awarded to
$395,000
CS
Bend
ing bonds offered July 21—were
about
M;n~
Dcduth), Minn.
Offering — Joanna
Erickson, District Clerk, will
,
County Indep. Sch. Dist.
(P. O. Hendrun), Minn.
Bond Offering—Peter
Stennes,
the First of
Michigan
Detroit, Braun, BosInc., and the North¬
ern Trust
Co., of Chicago, jointly,
at a price of 100.08, a-basis of
District
& Co., of
Minneapolis'
jointly, as. 1.60s, at a price of
premium for each bond so re¬
100.573, a basis of about 1513 7
deemed as follows: $25.00 on each
Dated July 1, 1949 and due
on Jan'
bond called for redemption on or
1 from 1951 to 1961 inclusive
Sec'
prior to July 1, 1956; $20.00 on ond
high bid of 100.14 for 160s
each bond called for redemption
was made by J. M. Dain
& Co.
after July 1, 1956, but on or prior
to July 1, 1958; $15.00 on each St. Louis County Com. Sch.
Dist.
No. 30 (P. O. Route 4, Box
bond called for redemption after
602
Norman
of
School
r,
Sale—The
Ashmun
Sch. Dist., Mich.
Bond Sale—The $900,000 build¬
worth & Co.,
is
•
$80,000 build
ing bonds offered July 26—v
170"
p. 253—were, awarded to
Shaueh'
nessy & Co., of St.
Paul, and
at par
MONTANA
No. 1
Ypsilanti
Cofp.,
pavab£
$1,200,
Treasurer,
.
Bond
.
interest pay¬
any
on
ment date on or after
District
Northfield
be redeemed at the option
District, in inverse numer¬
may
the
quired.,
of the
re¬
demption
approving opinion of Dorsey Pni
Barker, Scott & Baro'er nf
Minneapolis, will be
furnished
the purchaser without
cost
a
p.m.
(EST) on Aug. 1 for the purcnase
of $45,000 not to exceed 4% in¬
terest
building addition coupon
bonds.
Dated July 1, 1949.
De¬
on - any
each bond so redeemed
or
until
bids
sealed
ceive
in
bond,
interest payment date
on
Monday, August 1, 1949
the District
inverse numerical $1,200, payable to
interest payment Treasurer, is required.
date on or after April 1, 1964. Bid¬
MINNESOTA
ders to name the rate of interest,
expressed in a multiple of Ya of
Cleveland. Minn.
1%. Principal and interest (A-O)
Bond
Offering—C. C. Meyer,
payable at the Detroit Trust Co.,
Village Clerk, will receive sealed
of Detroit. The approving opinion
bids until 8 p.m. (CST) on Aug. 5
of Miller,
Canfield, Paddock &
for the purchase of $30,000 not to
Stone, of Detroit, will be paid for
exceed 2 Ya%, sewer and improve¬
by
the
Township.
A
certified ment
bonds.
Dated Aug. 5, 1949.
check for 2%
of the total par
Denomination
$1,000.
Due
on
value of the bonds, payable to the
Aug. 5, as follows:'$3,000 from
Township Treasurer, is required.
1951 to 1955 inclusive; $4,000 in
1956; $3,000 in 1957, and $4,000
Park Twp. Frac. Sch. Dist. No. 8
in 1958 and 1959.
Principal and
(P. O. Holland), Mich. .
interest
(A-O)
Bond Offering—Norman L. Rut¬
payable at the
Peoples State Bank of Cleveland.
gers, District Secretary, will re¬
each
order,
April 1, 1954, at
Chicago, Coffin & Burr, of New
The approving opinion of
Miller,
Canfield,
Paddock * & York, and Stern Bros. & Co., of
Stone, of Detroit, will be fur- Kansas City, at a
price of 100.006,
mazoo.
1949. De¬
April 1,
in 1952 and
1,
1954 to 1964 may be redeemed
at the option of the School District
in inverse numerical order on
any
Dated Aug.
1, 1949. Denomination $1,600. Due
$1,600 on April 1, from 1950 to
inclusive.
July 1, 1949. Denomination
$1,060.
Due July 1, as follows:
$5,000 in 1950 to 1959, and $6,000
1%.
School Director, will receive
jsealed bids until 7:30 p.m. (EST)
4954
Dated
pressed
Michigan
Bond Offering—Howard
school coupon bonds.
interest school coupon bonds.
bids
July 25.)
Cooper Twp. Sch. Dist. No. 2
(P. O. Route 1, Kalamazoo),
\
4%
or
interest school bonds.
Aug.
coupon
■
Secretary of the Board of Educa¬ April 1, 1949. Denomination $1,000.
tion, will receive sealed bids until Due April 1, as follows: $5 000 in
8 p.m. (EST) on
Aug. 4 for the 1950 to 1960, $6,000 in 1961, and
purchase of $80,000 not to exceed $7,000 in 1962 to 1964. Bonds ma¬
to
dell, School Director, will receive
sealed bids until Aug. 8 for the
*1
Bond Offering—Lucille U. Acha,
each
Canton
Bond
Agricultural School
District, Mich.
in
Sch. Dist.
revenue
1953; $3,000 from 1954 to 1959 in¬
clusive; $4,000 from 1960 to 1965
inclusive; $5,000 from 1966 to 1970
inclusive and $6,000 from 1971 to
1979 inclusive. Bonds maturing in
ceived sealed
Honor Rural
in
MICHIGAN
follows:
j as
lool
1967
Knowles, Town Treasurer, will re-
Dated
bonds.
Principal
and
interest
(F-A) payable at the current of¬
dated Aug. 1, 1949.:
ficial bank of the City in Chicago,
Denomination $1,000.
Due $5,000
New York City, or Detroit. Bid¬
On Aug.! from 1950 to 1956 inclu¬
ders to name the rate of interest,
sive. Principal and interest pay¬
expressed in a multiple of Ya of
able at the Second National Bank
1%.
The approving opinion of
of Boston.
Miller,
Canfield,
Paddock
&
Stone, of Detroit, will be fur¬
Yarmouth, Mass.
to the purchaser, at the
Bond Offering — Allen H. nished
priceofl00.ll.
system
nomination $1,000. Due on
1952; $200,000 from ,1953 to
inclusive; $300,000 from 1957
inclusive, and $200,000 in
1956
to
supply
interest water
4%
exceed
to
not
Dated Aug. 15, 1949.
Denomination $1,000. Due on Aug.
ton, as iy4s, at a price of 100.17,
a basis of about 1.20%. The second
Clerk,
Township
on
Weymouth, Mass.
>
as
Michigan
$60,000 school
<.
3s, and $700,000 as l%s, at
price of 100.008, a basis of about
000
Sch. Dist. No. 4
(P. O. 232 Bard Road, Muskegon),
.
1,
Halsey, Stuart & Co., North¬
ern
Trust Co., Chicago, Watling,
Lerchen
&
Co., and Jones B.
Shannon & Co., jointly, for $300,-
Thorndike, Palmer & terest M-N.
Dodge, of Boston, will be fur¬
Dalton
Twp.
nished to the purchaser.
Sale —The
Aug.
was
Storey,
Pembroke, Mass.
Due on April 1
l%s.
as
from 1960 to 1966 inclusive.
(P. O. 232 Bard Road, Muskegon),
Bond
1950 to 1959 inclusive.
from
365,000
Twp.
pressed in a multiple of Ya of 1%. lenbacher, Director, will receive
Principal and interest payable at sealed bids until Aug. 4, for the
the National Shawmut Bank
of • puicnase of $25,000 not to exceed
Boston. The approving opinion of|4% interest building bonds. Iri-
Note
basis of about 1.66%, as follows:
a
fied check for
Dalton
FINANCIAL CHRONICLE
&
v
-
Denton, Mont.
Bond Offering — Jos. H.
Clerk,
will
•"
Koch,
receive sealed
(MST) Aug. 1*
coupon bonds. Dated Aug. 1, 1949. for purchase of $65,000 not to ex¬
Denomination $1000. Due $4,000 ceed 6%/interest water supply
on Aug. 1 from
1952 to 1966 in¬ bonds. Dated July 1, 1949. Amor¬
clusive.
All bonds
maturing af¬ tization bonds will be the first
ter Aug. 1, 1962, will be
subject choice and serial bonds will be tne
to redemption and
prepayment on second choice of the Council. 1
Aug. 1,1961, and any interest pay¬ amortization" bonds are sold ana
ment date
thereafter, at; par and issued the entire issue may be pa
the rate of
a
name
interest, expressed in
multiple of 1/10-or Ya of 1%,
Principal and interest payable at
any suitable banking institution
designated by the. purchaser.* The
bids until
one
several
sale,
be
p.m.
single bond or
bonds,
determine
to
8
as
upon
divided int
the Council may
at the time 0
principal and interes
payable in equal semi-an¬
both
nual installments during a
Volume
THE
Number 4825
170
from the date of issue,
bonds are issued and sold,
111 will be in denominations of
/
on
vears
cprial
2 000
and $250, the sum of $3,250
# said
serial bonds will become
1 and Payable °n *%}'• 1950>
a like
amount on the same
5S pach year until all such bonds
J paid The bonds, whether
j
Amortization
170,
v.k
349—were awarded to
Saffin & Co., of New
3y4s, at a price of 100.286,
p.
Boland,
York,
as
basis*of
a
COMMERCIAL &
about
June
1,
from
1950 to
3.20%.
1949 and due
other bid of
1961
Dated
June
on
1
inclusive. Only
100.072 for
3%s
was
made
by J. B. Hanauer & Co., and
J. Van Ingen &
Co., jointly.
B.
serial bonds, will Mercer County (P. O. Trenton),
hp redeemable
at the option of
New Jersey
51 Town in whole or in part five
Bond Offering
John
Sars from the date of issue or on Clerk of the Board of Dawson,
Chosen
W interest paying date thereafFreeholders, will receive sealed
Lr Interest J-J. A certified bids until Ang. 2 for the
purchase
rheck for $3,000, payable to the of
$560,000 not to exceed 6% in¬
Town Clerk, is required.
terest improvement coupon or reg¬
or
—
State
Montana
istered bonds.
of)
Offering—W. L. Fitzsim-
Bond
Dated Aug.
1, 1949.
Denomination $1,000. Due Aug. 1,
as
follows: $50,000 from 195J to
FINANCIAL
Brushton, N. Y.
Bond
Sale
—
The
Sept. 1, 1949 and consist of $19,000.000 Marble Hill Houses bonds,
interest/ expressed in a multiple project No. NYC-15; $14,570,000
of y4 or 1/10 of 1%. Principal and Boulevard Houses
bonds, project
interest payable at the Baldwins No.
NYC-16; $5,300,000 Arverne
Bank of Penn Yan. A certified Houses
bonds, project No. NYCcheck for $100, payable to the Fire
18; $6,715,000 General Charles W.
District is required.*
Berry Houses bonds, pibjeet No»
offered
July
Trust Co., of
Buffalo, as 2s, at a
100.09, a basis of about
Dated Aug. 1, 1949.
Due
price of
1.98%.
sive.
was
from
The
1950
to
second
1959
inclu¬
Mount
highest bidder
for 2y4s,
100.29.
at
price
a
Pleasant, North Castle and
Greenburgh
Union
Dist. No. 5
the First National Bank, Cha-
teaugay,
(P. O.
of
Sch.
Free
Valhalla),
New York
,
,
-
Bond
—
Benedict
sealed
(DST)
bids
Clerk,
will receive
(DST) on
until
3
Aug. 3 for the purchase of $60,000
T.
Holtz, Town Supervisor, will
ceive
Dist.
Albert E.
—
sealed bids until 3 p.m.
Buffalo), N. Y.
Offering
Offering
Saake,
Cheektowaga Sewer District (P. O.
Bond
not
re¬
to
exceed
interest school
5%
coupon or registered bonds. Dated
Aug. 1, 1949. Denomination $1,000.
Due
$12,000 Aug. 1 from 1950
p.m.
Aug. 1 for the purchase
of $118,000 not to exceed 5% in¬
on
Clerk, announces that the
cfatp'Board of Examiners will re¬ 1959 inclusive, ai\d $60,000 in 1960. terest sewer coupon or registered to 1954 inclusive. Principal and
interest
Principal and interest (F-A) pay¬
(F-A)
payable at the
ceive sealed bids in the Capitol
bonds, divided as follows:
able at the First-Mechanics Na¬
County Trust Co., White Plains.
Bl(lg
at Helena, until 10 a.m.
tional Bank of Trenton.
Bidders $20,000 Sewer Dist. No. 3 bor.ds. Bidders to name the rate of inter¬
on
Aug.
15 for the purchase to
Due $1,000 on July 1 from
name the rate of
est, expressed in a multiple, of y4
interest, ex¬
of $5,000,000 not to exceed 4%
1950 to 1969 inclusive.
or
mons
University of Montana
bonds. Dated Sept. 1,
1949. Due $250,000 annually on
Sept. 1 from 1950 to 1969 inclu¬
sive. Bonds maturing after Sept.
1 1959, are callable in whole or
jn part, in inverse numerical or¬
der, on any interest payment date
interest
building
not'earlier than Sept: 1, 1959, at
par and accrued interest. Denom¬
in
pressed
multiple
a
of
%
1/20 of 1%.
The approving opin¬
Hawkins, Delafield & Wood,
of New York City, will be fur¬
nished to the purchaser.
A cer¬
tified check for $11,200, payable
to the County, is required.
Pilesgrove
(P.
O.
Twp.
School
..
District1,
Woodstown), N. J.
98,000
Sewer Dist. No. 5 bonds.
Due
•
are
issuing the bonds.
Omaha, Neb.
$276,000 school
July
25
were
Bond Sale—The
Bond Offering—Franklin E. Din-
City Comptroller, will receive
(CST) on
Aug. 8 for the purchase of $200,000
offered
bonds
ges,
awarded to R. H. Johnson
sealed bids until 10 a.m.
and
not to
exceed
3%
interest
street
and boulevard bonds.
Dated Sept.
1,1949. Denomination $1,000. Due
on Sept.
1, 1956. The approving
opinion of Chapman & Cutler, of
Herbert
of New
J.
& Co.
Sims & Co., both
York, jointly, as 2.35s, at
price of 100.26, a basis of about
2.31%. The second highest bidder
a
approving
Vandewater,
Sykes,
Galloway, of New York
City, will be furnished to the pur¬
chaser
1979 inclusive.
Traders
Bidders to
Trust
will
furnished.
be
check
name
A
ceive
of
divided
to
Central Sch. Dist. No.
ceive
District
sealed
(DST)
bids
,
$3,174,000 5s.
Due
serially
6n
Sept. 1 from 1951 to 1956 in¬
clusive.
10,149,000 2V4s.
Due serially on
Sept. 1 from 1957 to 1970 in¬
clusive.
5,438,000 2y2s.
Due serially on
Sept. 1 from 1971 to 1976 in¬
clusive.
15,305,000 2.90s. Due serially on
Sept. 1 from 1977 to 1989 in¬
.
clusive.
16,234,000 2.80s. Due serially on
Sept. 1 from 1990 to 1999 in¬
clusive.
until
1954
registered bonds,
follows:
1
367,000 school 1949 bonds. Due
;
Aug. 1, as follows: $27,000 in
1950; $25,000 in 1951 and 1952;
$30,000 in 1953 and 1954; $35,from
000
re¬
on
inclusive; $18,000 from 1955
om
1955
to
1959
inclu¬
sive; $15,000 jfrom 1960 to 1962
inclusive, and $10,000 in 1963.
F.
p.m.
inclusive, and $20,000 f
!
.
on
■
and
after
Sept. 1,1957 are redeemable prior
maturity at the option of the
Authority on Sept. 1, 1956, or on
any interest payment date there¬
after,. as a whole or in part,, in
inverse order of their numbers, at
a redemption price of par and ac^
crued interest to date of redemp¬
tion plus a premium of 5%
of
their par value if redeemed on or
before Sept.
1, 1961; or a pre¬
to
mium
'
<
will
1:30
/
maturing
of
after,
1966;
but
or
4%
a
if
redeemed
there¬
before Sept. 1,
premium of 3% if re¬
on
or
deemed
,
Aug. 2 for the purchase
of $360,000 not to exceed 5% in¬
terest school coupon or registered
bonds.
Dated July 1, 1949.
De¬
nomination $1,000. Due on July 1,
as
follows: $14,000 from 1950 to
to 1959
as
Bonds
thereafter, but on or be¬
fore Sept. 1, 1971; or a premium
of 2y2% if redeemed thereafter,
from 1954 to 1956" inclusive;! but on or before Sept. 1, 1976; or
$20,000 in 1957 and 1958; $15,-1 a premium of 2% if redeemed
000 in 1959, and $10,000 from thereafter, but on or before Sept.
1960 to 1963 inclusive.
1, 1986; or a premium of 1% if re¬
Co., of
N'orqaan
Clerk,
a.m.
land acquisition, sewer
and equipment
1949 bonds.
Due Aug. I, as follows: $37,000
in 1950; $70,000 in 1951; $75,000 in 1952 and 1953; $25,000
(P. O. Lake Luzerne), N. Y.
—
11
$457,000
the
2y2s.
Offering
until
on
terest coupon or
Hadley, Day, Edinburg, Luzerne,
Warreniburg and Caldwell
Bond
bids
Aug. 3 for the purchase
$824,000 not to exceed 4% in¬
National
Commercial Bank & Trust
as
sealed
(DST)
improvement bonds offered July I
Albany,
,
Rochelle, N. Y.
Offering—Walter J. Bren-
Director of Finance, will re¬
nan,
Colonie, New York
the
$1,200, payable to the
District, is required.
Bond
Co.^
Bond Sale—The $30,000 general
to
certified
certified
for
awarded
A
New
the
$2,360, payable
Town, is required.
were
cost.
for
School
July 1, 1949. Denomina¬
tion $1,000. Principal and inter¬
est (J-J) payable at the Maruand
without
check
Dated
Powers,
Readington, Twp. Sch. Dist. (P. O.
Three Bridges), New Jersey
nebraska
The
of
elusive, and $4,000 from 1972
to
Buffalo.
general obligations of coupon or registered bonds. Dated
June 1, 1949. Denomination $1,000.
the State, payable from an annual
Due on June 1, as follows; $10,000
tax not exceeding V-k
mills on
from 1950 to 1956 inclusive, and
the dollar on all of the State's
taxable
property.
A
certified $15,000 from 1957 to 1969 inclu¬
sive. Principal and interest (J-D)
check for $100,000, payable to or¬
payable
at. the
First
National
der of the State Treasurer, is re¬
Bank, Woodstown. Bidders to
quired.
Legality approved by
name
the
rate
of interest,
ex¬
Mitchell & Pershing, of New York
pressed in a multiple of Vs or 1/20
City. The offering represents the
of 1%, The approving opinion of
full amount of bonds authorized
Delafield & Wood, of
and the State Supreme Court on Hawkins,
New York City, will be furnished
June 24, 1949, held no merit in
to the purchaser. A certified check
any objections urged to restrain
for $5,300, payable to the Board of
the Board
of
Examiners
from
Education, is required.
bonds
1%..
NYC-19, and $4,715,000 Lexingtcfri
Houses bonds, project No. NYC21.
The bonds are divided, ac¬
cording to coupon rate and ma¬
turity, as follows:
Heckler &
facturers
;
opinion
July 1, as follows:
$3,000 from 1950 to 1971 inon
rate
Bond-Offering—Lois: M. DolePrincipal and in¬
shal, District Clerk, will receive of interest/expressed in a mul¬
terest (M-S) payable at the State
sealed bids until 8 p.m. (DST) on tiple of
y4 or 1/10 of 1%. The
Treasurer's office, or, at holders'
Aug. 8 for the purchase of $265,000 approving opinion of Reed, Hoyl;
option, at the fiscal agent of the
& Washburn, of New York City,
not to exceed 6% interest school
State in New
York City.
The
ination $1,000.
of
1/10
or
ion of
53
1950 to 1959 inclu¬
sive., Bidders to name the rate of
strset
25—v. 170, p. 350—were awarded
to the Manufacturers and Traders
Aug. 1
(445)
May 15 from
'
$9,500
improvement bonds
CHRONICLE
Dated
deemed
thereafter.
In the opin¬
counsel, the bonds to¬
gether with the interest thereon,
are
exempt from all taxation by
the United States by the existing
provisions of the United States
Housing Act of 1937, as amended
and
supplemented, and the In¬
ion of bond
Aug. 1, 1949. Denomina¬
ternal Revenue Code of the United
The entire issue will
mature Aug. 1, as follows: $94,000 States, as amended and supple¬
in 1950; $95,000 in 1951; $100,000 mented and are exempt from all
taxation
by the State of New
in 1952; $105,000 in 1953; $55,000
in 1954; $60,000 in 1955 and 1956; York, or any political subdivision
$55,000 in 1957 and 1958; $59,000 thereof, under provisions of the
Public Housing Law, Chapter 44A
in 1959; $25,000 from 1960 to 1962
of the Consolidated Laws of the
inclusive, and $20,000 in 1963.
State of New York. Legal invest¬
Bidders to name the rate of inter¬
tion
$1,000.
to 1969 inclusive.
Principal
Union Trust Co.,
ment in the State of New York, in
Newark, B. J. Van Ingen & Co., and interest (J-J) payable at the est, expressed in a multiple of y4 the
opinion of bond counsel for
or 1/10 of 1%.
Principal and in¬
and Rogers; Gordon & Co., jointly, Luzerne-Hadley Bank, Lake Lu¬
Banks
and
all
other
Chicago, will be furnished to the for $275,000 as 2.40s, at a price zerne. Bidders to name the rate terest (F-A) payable at the City Savings
Banks, Trust Funds and Fiduci¬
purchaser. Principal and interest
of interest, expressed in a multiple Treasurer's office. The approving
of 100.37.
aries, Insurance Companies and
(M-S) payable at the
of 1/4 or 1/10 of 1%. The approv¬ opinion of Hawkins, Delafield &
County
all public bodies and public of¬
Treasurer's office. A certified
ing opinion of Reed, Hoyt & Wood, of New York City, will be
new york
ficers.
furnished
by the purchaser.
A
Washburn, of New York City, will
a?ec? *or 2% of the par value of
the
Bonds Publicly Offered—Leh¬
Carrollton,
Humphrey be furnished the successful bidder. certified check for $16,480, pay¬
bonds, payable to the City, is Allegany,
and
Olean
Central
School
man Bros, and Blyth & Co., Inc.
required.
A certified check for $7,200, pay¬ able to the City, is required.
Dist. No. J (P. O. Allegany)
and associated underwriters made
able to the District, is required.
Sheridan County Sch. Dist. No. 3
New York City Housing Authority,
New York
public re-offering of the bonds
New York
1
(P, O. Hay Springs), Neb.
Hempstead, Levittown Water Dist.
at prices to yield 0.85% for the
Bond Offering—Joseph L. SedBonds Sold—An issue
Bond Sale
The $50,300,000
of $21,000
(P. O. Hempstead), iIV. Y.
1951 maturity to 2.85% for those
tending bonds has been sold to the lock, will receive sealed bids un¬
Bond Sale—The $500,000 water Housing Authority bonds offered
maturing from 1990 to 1999. As
til 2 p.m. (DST) on Aug. 10 for
Kirkpatrick-Pettis Co., of Omaha,
1949
bonds offered July 26—v., at public sale on July 26—v. 170, less than
$20,000,000 bonds of the
the purchase of $24,000 not to ex¬
wnnn4S; Dated July
1949- Due ceed 5% interest school coupon or 170, p. 350—were awarded to Kid-, p. 154—were awarded to a syndi¬ $50^300,000 flotation was left in
«pJ,000 from 1950 to 1959 inclusive.
cate of 102 firms, headed by Leh¬
der, Peabody & Co., and White,.
syndicate account at the close of
registered bonds. Dated June 1,
Weld & Co., both of New York, man Bros, and Blyth & Co., Inc., business on the day of the award,
1949.
Denominations $1,000 and
Tecumseh, Neb.
both
of New
York
City.
The the bankers had
jointly, as 2y>s, at a price of
ample reason to
nnn °n^s
—^n issue of $175,- $500. Due on Dec. 1, as follows: 100.71, a basis of about 2.46%.! bonds, unconditionally guaran¬ conclude that the
undertaking
$2,000 from 1950 to 1955 inclu¬
teed as to payment of both princi-:
Dated Aug. 1, 1949.
Due Aug. 1
would be highly successful.
bonds has sive; $2,500 from 1956 to 1958 in¬
pal and interest by the City of
from 1950 to 1989 inclusive.
In
addition to Lehman Bros,
clusive, and $1,500 from 1959 to
New York, were sold to the group
new hampshire
1961 inclusive.
Bidders to name Hempstead Union Free Sch. Dist.
and Blyth & Co., Inc., the prin¬
at a price of 100.03 for a combi¬
the rate of interest, expressed in a
No. 2 (P. O. East Hempstead),
nation of coupon rates ranging cipal members of the underwrit¬
Dover, N. H.
multiple of ?4 or 1/10 of 1%. Prin¬
New York
Sale
The $66,000 imfrom 5% to 2.80%, representing a ing group include the following:
cipal and interest (J-D) payable
Bond
Sale
The
$1,543,000 net interest cost to the Housing Smith, Barney & Co.; Harriman
nffZ. ?e? and equipment bonds at the First National Bank, Al¬ school 1949 bonds offered
July 26 Authority of 2.7748%. Two tenders Ripley & Co. Inc.; The First Bos¬
W pe<tr
were awarded to
ton Corp.; Phelps, Fenn & Co.;
legany. The approving opinion of —v. 170, p. 253—were awarded to were submitted for the
issue, the
a ' r*o,
ton & Co., of New York, Vandewater, > Sykes, Heckler & a
Goldman, Sachs & Co.; R. W.
syndicate composed of Kidder, unsuccessful
offer having
been,
Soi. J
a Price of 100.891, a Galloway, of New York City, will
Pressprich & Co.; Kidder, Peabody
Peabody & Co., Union Securities made
by
a
syndicate
headed
be
furnished
to
the purchaser Corp., Equitable Securities Corp.,
& Co.; Shields & Co.; Drexel &
Second hiSh
jointly by the National City Bank;
hv 4u 1U9:84? for 13/4s was made
without cost. A certified check for
Kean, Taylor & Co., and Wood, and the Chase National Bank.! Co.; Blair & Co., Inc.; Manufac¬
Boston
National Bank of $480, payable to the School Dis¬ Gundy & Co., all of New York, The latter offer was based on the. turers Trust Co.; Merrill Lynch,
trict, is required.
Pierce, Fenner & Beane; F. S.
as
2y2s, at a price of 100.33, a identical
net
interest
cost
of
are dated July 1, 1949.
Moseley & Co.; Stone & Webster
basis of about 2.22%. Dated Aug.
2.7748% called for under the win¬
1
°mi?atlon $1000. Due July Babylon and Oyster Bay Union 1, 1949. Due Aug. 1 from 1950 to
Securities Corp.; A. C. Allyn &
ning Lehman-Blyth offer, a re¬
Free Sch. Dist. No. 6 (P. O.
ana L *ollows:
$6,000 in 1951,
Co., Inc.; Alex. Brown & Sons;
1979 inclusive.
markable coincidence in light of
Amityville), N. Y.
from i952 to 1963 inEastman, Dillion & Co.; Equitable
the size of the issue and the vaKeuka Park Fire Dist., N. Y.
Bond Sale—The $100,000 school
Davah?' Principal and interest
Securities Corp.; Estabrook & Co.;
1960
Fidelity
was
.
,
,
—
1
,
beeiTsold WOr^"s systein
..
—
—
^ofionw,?28^
,pBands
clu,.^'009
of
pr! ?
First National Bank
Storev
Dorw'
Th
Le§ality aPProved by
^borndike,
of
Palmer
&
Boston.
R(\nA^sr¥ate
A Wafpr
water
350—were awarded to
Chas. E. Weigold & Co., and Geo.
B,
new jersey
n* A
^bonds offered
TThe $48'000 series
July 28—
1949 bonds offered July 27—
site
v.
170,
p.
& Co., Inc., both of
York, jointly, as iy2s, at a
Gibbons
New
price of 100.28, a basis of about
1.44%.
Dated Aug. 1, 1949.
Due
on
Aug.
clusive.
1 from
1950 to 1959 in¬
Bond
Offering
—
Earl
Earsm-
variety
of
coupons
specified
in
The Lehman-Blyth bid,
stadt, Secretary of the Board of
Commissioners, will receive sealed
bids
at
the Baldwins Bank of
each bid.
until 2 p.m. (DST) on
Aug. 15 for the purchase of $5,000
not to exceed 2y2% interest fire
house bonds. Dated June 1, 1949.
against $44,185,287 for the unsuc¬
cessful offer.
This Was due to
Penn Yan,
Denomination
$500. Due $500 on
produced a lower in¬
terest cost in dollars—$43,506,627
however,
arrangement of the interest
rates in the successful bid.
Paine, Webber, Jackson & Curtis;
E. H. Rollins & Sons, Inc.; L. F.
Rothschild & Co.; B.
J. Van Ingen
&
Stevenson St
CO.,
Also
the
The
$50,300,000 bonds are dated
Co., Inc.; Bacon,
Bosworth
Inc.; Coffin & Burr, Inc.;
&
Co.,
•*
r
Braun,
Inc.;
First
of
&
Co.,
Eldredge
Michigan
54
THE
(446)
Corp.; Geo. B. Gibbons
Inc.; Hallgarten & Co.;
&
Aug.; 15, 1949. Denomination, $1,000. Due $5,000 on Aug. 15 from
1950 to. 1959: inclusive. Bidder to
Co.,
Harris,
Hall & Co., Inc.; Hemphill, Noyes
&*Co.; Hornblower & Weeks; W.
E.
single rate of interest, ex¬
pressed in a multiple of lk or
1./10 of 1%. Principal and interest
(F-A)
payable at the Citizens
name a
Hutton & Cd.; Kean, Taylor &
Co.; Lee, Higginson Corp.; Rey¬
& Co.; Roosevelt & Cross,
Inc.; Schoellkopf, Hutton & Pomeroy,
Inc.; Stroud & Co., Inc.;
Tucker, Anthony & Co.; Chas. E.
Weigold & Co., Inc.; Wm. E. Pol¬
lock & Co., Inc.; American Securi¬
ties Corp.; Bramhall, Barbour &
Co., Inc.; Francis I. duPont & Co.;
Graham^ Parsons & Co.; Greg¬
ory & Son, Inc;; Ira Haupt & Co.;
Hirsch & Co.; Laidlaw & Co.; W.
C. Langley & Co.; McDonald &
Co., and G. H. Walker & Co.
nolds
New York City Housing
Net# York
Trust
check for $1,000, payable to order
July
I,
1950
to
about
Portville, Olean, Hinsdale, Clarksville
1949.
1959
Due
as 1.90s, at
price of 100.94, a basis of about
1.80%. Dated July 15, 1949. Due
July 15 from 1950 to 1969 in¬
a
clusive.
•
Rome, N. Y.
Bond Offering—John W. Huges,
City Treasurer, will receive sealed
bids until
July
sec¬
:ered bonds.
Dated July 15, 1949.
Denomination $1,000. Due July 15,
follows:
as
$25,000 from 1950 to
$28,000 in 1953;
$27,000, in 1954; $19,000 from 1955
gq> 1958
.inclusive, and $10,000 in
1959. Principal and interest
(J-J)
1952
to
Vandewater, v Sykes, Heckler &
Galloway, of New York City, will
furnished
registered
divided
(P.
:rom
Bidders to
at
will be furnished to the purchaser..
A certified check for $3,940, pay¬
District,
is required.
North Hempstead Union Free Sch.
Dist No. 7 (P. O% Great Neck),
p.
253—were awarded to
the Bessemer Trust Co., of Jersey
City, at 0.85% interest.
Dated
July 25, 1949. Due Dec. 30, 1949.
Nyack, N. Y.
Bond SaleThe $56,000 street
improvement bonds offered July
22—v. 170, p. 253—were awarded
to
the
straw,
a
Due Aug. 1 from 1950 to
1956 inclusive.
*
a
price
to
p.
350
—were
1974
inclusive.
The
of
100.30.
$49,500 public
improvement 1949 bonds offered
July 27 — v. 170, p. 350 — were
awarded
to R. D. White
Co., of
New York, as 1.10s, at a
price of
100.05, a basis of about 1.08%.
Dated June 15, 1949. Due June 15
from 1950 to 1954 inclusive.
Pomfret
Union Free School Dist.
No. 8 (P.O.
Fredonia), N. Y.
Bond Offering—Viola A.
Supervisor,
sealed
(DST)
on
bids
Aug.
will
until
12
re¬
p.m.
the
for
1
pur¬
chase of $22,150 not to exceed
5%
interest general improvement 1949
coupon or registered bonds. Dated
June 1, 1949.
Denomination
$1,000, > except one for $150.
Due
June 1, as follows:
$3,150 in 1950;
$3,000 from 1951 to 1954 inclu¬
to
exceed
registered
5%
interest coupon or
school
bonds.
Dated
'
-
'
'
1950
from
and
170,
—v.
interest,
tional Bank of Old Forge.
basis
of about
$50,000
5,000
to
New York
to
23/4s.
as
Williamsville, N. Y.
Bond Sale Details—The
$80,000
water bonds awarded to the Nia¬
previously noted in—v. 170,
—are
further described
Bonds
are
as
p.
53
follows:
dated
July 1, 1949.
Denomination $1,000. Due
$4,000
on
July 1 from 1950 to 1969 in¬
clusive.
Principal
by
Hawkins, Delafield
City.
&
New York
Wood,
of
Charlotte, N. C.
Note
Offering
—
W.
E.
Easter-
ling, Secretary of the Local Gov¬
ernment
Commission, will
receive
of
of
about 2.12%.
Nov>
1
until
noon
(EST)
on
of
rate
interest,
-
the
expressed
in
a
from
Due
1950
scaled bids until
May 1 and
on
receive
noon
(EST)
1969 inclu-. Aug. 10 for the purchase
to
760.28,
on
of $69-
sewer
improvement, special
highest bidder,
assessment bonds.
Dated Aug.
Richards & Co., for
i,
1949.
Denomination $1,000, ex¬
2y4s, at a price of 100.98.
; cept, one for $1,760.28,
Due on
Columbiana County (P. O. Lisbon), Nov. lr as follows: $6,760.28
in
1950, and $7,000 from 1951 to 1959
,;■*< v. Ohio
sive.
The
second
Field,
was
•
i
Due June 1 from
100.07,
-
,
Davie
basis of about 2.67%;
a
County (P. O. Mocksville),
North Carolina
Bond Sale—The $500,000 school
building, Series A, bonds offered
July
26—v.
170,
p.
250—were
awarded
the
to
Equitable Secu¬
rities Corp., Trust Co. of Georgia,
of Atlanta, and F. W.
Craigie &
Co., of Richmond, jointly, at a
price of par, a basis of about
2.25%,
6s.
as
1951
72,000
to
2V4S.
as
1958
258,000
to
as
1962
80,000
as
A
1979
certified
amount of the bonds
able to the County
is required.
from
ley,
offered,
Bond
County
700
1
from
inclusive.
not
ceive sealed bids until
pay¬
on
'Aug.
15
Bru-
noon
re¬
(EST)
the purchase Of
storm and sanitary
bonds.
sewer
Dated
Aug. 1, 1949.
Columbus), Denomination $1,000. Due $10,000
on
will
exceed
L.
for
Commissioners, $150,000 iy2%
Clerk,
to
Offering—Clara
eggemyerj, Village Clerk, will
the
3%
Jan. 1 from 1951 to 1965 inclu¬
sive.
Bidders to
name
the rate of
interest,
expressed in a multiple
of V4 of 1%. A certified check for
receive
a.m. (EST) on
Aug. 5 for the production of $321,-
$1,500, payable to the Village, is
required.
1
interest
.
sewer
bonds, divided as follows: ;
$309,000 Sewer Dist.,. Marion No<
tile-Commerce Bank & Trust
Co.,
St. Louis, Wachovia Bank & Trust
follows:
Co.,
1958
Lewis
from
Asheville,
and
McDaniel
& Co., jointly, for
$74,000
as 6s; $286,000 as
2V2s; $100,000 as
2s, and $40,000 as Is, at a price
inclusive
and
1974
sealed
$1,000,
Due
for
until
Stin-
noon
000 3% water works bonds/These
$12,000
bonds
inclusive.
except/one
bids
(EST)-on
Aug. 17 for the purchase of $40,-
originally, scheduled
July 26.
' /
'
/
were
for sale
12,700 Sfewer Dist., Franklin No.
4, Imp.'No. 237 bonds. Dated
Sept., X, 1949. Denomination
basis of about 2.27%.
E.
chomb, Village Clerk, will receive
$13,000 from 1950 to
1959 to
Perry, Ohio
Offering — G.
Bond
3, Imp. No. 205 bonds. Dated
Aug. 1, 1949.
Denomination
$1,000.; s Due on Sept. 1, as
Aug. 1, 1949. The sec¬
ond highest bidder was Mercan¬
Lexington, N. C.
Offering—W. E.
of
sealed bids until 10
inclusive.
Feb.
1%
Ohio
Dated
of par, a
check for
Bond Offering—Ella A. McCar-
1
inclusive.
Due
'.'"VV'Y: Lyndhurst, Ohio '•/<
cipal and interest (M-S) payable
at the Peoples State
Bank, Lisbon.
from
1
Due Feb. 1 from
1975
to
Feb.
Due Feb.
1961
Is.
>
from 1951 to 1975 inclusive. Prin¬
inclusive.
2y2s.
to
1976
Due
1957
to exceed 4% interest
bridge re-1 furnished to/the purchaser 'with¬
pair
and. reconstruction bonds,. out cost. /A certified check fpr
Dated Sept. 1,.. 1949. Denomina¬ 1%, payable to the City, is re¬
tion $.1,000.; Due $4,000. on Sept. 1; quired.
,
.
'7 /
Franklin County (P. O.
follows:
as
on
Toledo, Ohio
Bond
;
Sale—The $168,000 street
improvement bonds offered July
$700.
26—v. 170, p.
154^-were awarded
Stranahan, Harris & Co., Inc.,
Ryan, Sutherland & Co., both of
ernment Commission, will receive
1953 to 1959 inclusive.
Toledo, and Braun, Bosworth &
sealed bids until 11 a.m.
(EST)
Bidders to name the rate of in¬ Co., Inc., jointly, as 1%%, at a
on
Aug. 2 for the purchase of
terest,^ expressed in a multiple of price ofvl00;96j a basis of about
$112,000 not to exceed 6% interest Vi-M
1%.
Principal and interest 1.58%; Due on March Tfrom 1951
refunding coupon bonds, divided,
(M-S) .payable at the County to 1960 inclusive.
as follows:
Treasurer's * office.
A / certified
Additional Sale
The $71,000
$58,000 water and
light
bonds. check for $1% of the par value street improvement bonds offered
Bond
Easter-
Sept.
on
1,
as
follows:
to
$1,700 in 1950;, $2,000 in 1951;
and
1952, and $1,000 from
ling, Secretary of the Local Gov¬
<
Due
Feb.
on
1,
1965,
in
1966
to
as
follows::
and
$5,000;
1976 inclusive;
36,000 general bonds. Due on Feb.
1, as follows: $2,000 from 1965
to 1968 inclusive; $3,000 from
.
1969
to
1974
inclusive^
and,
$5,000 in 1975 and 1976:,
18,000 school bonds. Due $2,000
on
Feb.
1
from
1966
to
1974
inclusive.
Dated Aug.
tion $1,000.
of all
of
bids, payable to the Board
County Commissioners, is re¬
ing
bonds
awarded
offered
to
the
$75,700 build-i
July 26 were
.
First
Cleveland
2y2s, at a
Corp., of Cleveland, as
of 102.21, a basis of about
2.291%. Second high bid of 101/89
were
awarded to
Dated Sept, 1, 1949. Due on March
1 from 1951 to/1-955 inclusive.
Twp. Local Sh.
(P. O. Alliance),. Ohio
Washington
Did,
$40,000 build¬
was made by
Braun, Bos-t ing and improvement bonds of¬
worth & Co., Inc., Toledo.
j fered July 21—y.. 170, p. 154-
1, 1949. Denomina¬
Principal and interest
Bond
were
Hamilton
County, (P. O.
Cincinnati), Ohio
land
,
Bond Offering-LS: F. Hutchin¬
Clerk of the Board of County
Commissioners will receive
terest, expressed in
/
V4
son,
a
multiple of
approving opinion
Mitchell &
Pershing, of New
York City, will be
furnished by
the purchaser. A
certified check
of 1%. The
of
$2,240, payable
to
the
State
Treasurer, is required.
sealed
OHIO
Campbell, Ohio
Offering—William Glass,
City Auditor, will receive sealed
noon
(DST)
until
10
a.m.
(EST)
Aug. 15 for the purchase of
$1,000,000 not to exceed 4% in¬
terest
Emergency
•
Poor
Dated Sept. 1,
nomination $1,000. Due
-
Relief
1949. \ De¬
Sept. 1,
1950; $87,-!
000 in 1951; $90,000 in
1952; $93,-!
000 in 1953; $97,000 in
1954; $101,-'
000 in 1955; $106,000 in
1956; $110,as
Bond
bids
on
bonds.
bids until
date
same
price
(F-A) payable in New York
City.
Bidders to name the rate of in¬
for
on"
Fahey, Clark & Co., and McDon¬
quired.
/ - / ':/• ,V.
ald
&
•
'V •'*"vWr
Co., both of Cleveland,
Galena Local School District, Ohio jointly, as 1 %s, at a,, price of
100.47, a basis; of about 1.39%.
Bond Sale—The
Sale—The
for 21/ks
follows: $83,000 in
on
awarded
to
Ryan,
Suther¬
& Co., of Toledo,
at a price
of
101.59.. Dated / Aug. .10, 1949.
Due on June 1 and Dec. 1 from
1950
to
ond
highest
1965
-
Clark & Co.,
J
inclusive.: The
bidder
sec¬
was
at a price of
101.44.
Xenia, " Ohio * V Bond Offering — A. V. Perrul
City Auditor, will receive sealed
noon (EST) on Aug. I
for the purchase of $67,000 2/2%
sewer improvement bonds. -Ddte"
Aug. 1, '1949. Denomination $I>
bids until
000.
Due
on
Dec.
1,
as
on Aug. 18;
000 in 1957; $114,000 in
1958, and $13,000 in 1950; $14,000 in 1951,
$38,000 2y>%
improvement bonds, divided as $119,000 in 1959. Principal and $13,000, in 1952; $14,000 in 195£
interest
(M-S)
payable
at
the and $13,000 in- 1954. Bidders to
follows:
County Treasurer's office. Bidders name the., rate .of interest, ex¬
$19,000 sanitary sewer bonds. Due to name
the rate of interest, ex-i
pressed in a multiple of xk of 1 '°on Oct.
1, as follows: $1,000 pressed in a
multiple of % of 1%.; The approving opinion of
in 1950, and $2,000 from
pecjT'
1951 The
approving opinion of Squire, Shaffer & Williamsr of Cincinnati,
to 1959 inclusive.
Sanders & Dempsey, of
will be furnished to- the purchase
Cleveland,
for the purchase of
NORTH CAROLINA
bids
:
of
and
interest
(J-J) payable at the Manufac¬
turers and Traders Trust
Co., of
Buffalo.
Legality approved
sealed
Aug. 13 for the purchase of
$10 060
not to, exceed 3%
interest water
main extension bonds.
Dated Sect
1, 1949. Denomination $1,000 Dm
$2,000 on Sept. 1 from 1950 to
1954
inclusive. Bidders to name
15, 1949. Bidders to
,v |
Bond Offering—Esther H. Sex¬ inclusive.
Bidders to name the
The second ton, Clerk of the Board of County rate of interest/ expressed in a
highest bidder was First Securi¬ Commissioners, will receive sealed. multiple of y4 of 1%J The.
ap¬
ties Corp., Durham, for $75,000 as bids until noon
(EST), on Aug. 19. proving: opinion of Peck, Shaffer
2V2S, and $25,000 as 3s, at a price for the; purchase of $100,000 not ; & Williams, of Cincinnati, will be
A
check for $443,
payable
Town, is required.
'
multiple of % of 1%.Principal
Carrollton Exempted Village Sch. and interest (M-S) payable at
the
Hicksville Bank, Hicksville. A
Dist., Ohio
cer¬
..Bond Sale—The $210,000 build¬ tified Check for $250, payable
to
ing and improvement bonds of¬ the Village Treasurer, is required.
fered July 24—v. 169, p. 2695—r
Lima, Ohio
'
were awarded to
Braun, Bosworth
Bond Offerings-George A.
& Co;, Inc., of Toledo, as
Bur2y4S,
at a price of. 101.12, a basis of goon, City Auditor, will
Due June 1 from
inclusive.:
inclusive,
interest, ex¬
multiple of % of 1%.
a
;
;
Offering—Ethel Frv Ha*
key,; Village Clerk, will
receive
The
approving
Squire,
Sanders
&
Dempsey, of Cleveland, will be
furnished by the City.
Due June 1 from
inclusive.
1967
1952
Hicksville, Ohio
,
Dated June 1, 1949.
certified
to the
to
require^
Bond
A-O.
opinion
follows;
as
•''»/. 1968 to 1977 inclusive.
City, will be furnished
to the purchaser without
cost.
<
1961
2%s.
as
1962
50,000
2.65%,
2%s.
as
1952
The ap¬
proving - opinion of Vandewater,
Sykes, Heckler & Galloway, of
interest
350—were awarded to
p.
to
rate
pressed in
the Interstate Securities Corp., of
Charlotte, at a price of 100.16, a
ders to
the rate of
$10,000, payable
County Treasurer, is
the
\
$1,500 in 1953; and 1954.
the
name
$100,000 sani¬
tary sewer bonds offered July 26
$3,000
name
1956; inclusive,
,
1950
Dated Feb.
Sale—The
from
expressed in a multiple of
or
1/10 of 1%. Principal and inter¬
est (J-D) payable at the First
Narf
to
$2,000 from 1957 to 1959
6,000 street grading bonds. Due
on
Oct. 1, as follows: $1,000
•
Conover, N. C.
Bond
sive; $2,000 from 1955 to 1957 in¬
clusive, and $1,000 in 1958. Bid¬
Patton,
District Clerk, will receive sealed
bids until 2 p.m.
(DST) on Aug.
10 for, the purchase of
$50,000 not
1
City, will be furnished to the pur¬
chaser. A certified check for $8,550, payable to the State Treas¬
urer, is required.
Offering—Philip W. Bur-
Permanent Savings & Loan
Association, of Williamsville, as
Oneida, N. Y.
'
.
approving opinion of Mit-r
chell & Pershing, of New York
offered
gara
Bond. Sale—The
and
inclusive.
The
1
(P. O. Old Forge), N. Y.
Town
ceive
Bank, of Haver1.40s, at a price of 100.17,
basis of about 1.34%. Dated Aug.
1, 1949.
3. bonds
170,
—v.
Bond
Peoples
as
No.
1950
dick,
New York
Note Sale—The $500,000 tax an¬
ticipation notes offered July 21
170,
26
Werh
tional Bank, New York City.
V.
No.
ex¬
pressed in a multiple of yi or 1/10
of
1%.
Principal and
interest
(F-A) payable at the Chase Na¬
V
Dist.
Vinewood
second highest bidder was Geo. B.
Gibbons & Co., Inc., and Chas. E.
Weigold & Co., jointly, for 2.20s,
inclusive,
the
check
E. H. Rollins &
Sons,
York, as 2.10s, at a price
af 100.46, a basis of about
2.06%.
Dated Aug. 1, 1949.
Due Aug,
$1,000 in 1959.
the order of
purchaser
af New
37,000 fire apparatus bonds. Due
Aug.
1, as follows:
$4,000
The
approving opinion of Reed, Hoyt
& Washburn, of New York
City,
from
>
$565,000 water notes.
500,000 sanitary sewer notes.
495,000 recreational facilities
awarded to
1969 inclusive.
able to
Water
O.
extension
as
$160,000 fire house bonds.
Due
$8,000 Aug. 1 from 1950 to
interest,
the
certified
Avenue,
Schenectady), N. Y.
Bond Sale—The $65,000
water,
July
of
'
$90,000
Rotterdam
follows:
1949.
to
A
cost.
$4,440, payable to the City, is
required.
interest coupon
Dated Aug. 1,
name
the rate
a multiple of % or 1/10
The approving opinion of
af 1%.
on
not to exceed 5%
and
ex¬
pressed in
Aug. 1 for the purchase of $197,000
1958
interest,
Jor
rig, District Secretary, will receive
to
the rate of
name
will be furnished
by the purcha*
at his, own
expense.
A certi
fied check for
er
^
lows:
at
the Chase National
Bank of New York City. Bidders
without
Manhasset), N. Y..
Offering—George L. Geh¬
1950
inclusive;
Monday, August 1, 1949
13,000 storm sewer bonds, r Due
on Oct.
1, as follows: $1,000
(EST) on Aug.;; 2 fo~
the purchase of $1,710,000 not to
exceed 6% interest bond anticipa¬
tion coupon notes, divided as iolam.
payable
oe
sealed bids until 4 p.m. (DST)
Aug. 4
on
the purchase of $222,000 not
to exceed 5% interest public im¬
provement 1949 coupon or regis-
l'from
The
(DST)
noon
for
Dated
North• Hempstead, ManhassetLakeville Water Dist. (P. O.
from
Sch.
Central
(P. O. Olean),
Halsey, Stuart & Co.,
inclusive.
bonds,
1
Bond Sale—The $366,000 build¬
ing 1949 bonds offered July 27—
v.
170, p. 350—were awarded to
highest bidder was Schenec¬
tady Trust Co., Schenectady, for
2V2s, at a price of par.
or
Genesee
New York
ond
Bond
and
Dist. No.
Authority,
2.37%.
11
.
Niskayuna
Water
Dist.
No.
S
(P.O. Schenectady), N.Y.
Bond Sale—The $8,300 water,
Ext. No. 15, 1949 bonds offered
July 25 —v. 170, p. 253—were
awarded to John L. Bame, of Nas¬
sau, as 2.40s, at: a price of 100.20,
of
at
notes.
District, is required. Legal¬
ity
approved
by
Vandewater,
150,000 fire alarm system notes.
Sykes, Heckler & Galloway, of
Dated Aug. 15, 1949. Denomina¬
New York City.
tion $10,000.
Due Feb. 15, 1950.
rell, Chairman, will receive sealed
bids until noon (DST) on Aug. 4
for the purchase of $23,500,000 Se¬
ries L notes; Dated Aug. 16, 1949.
Due Feb; 16, 1950. Payable at the
Chemical Bank & Trust Co., New
York City. The approving opinion
of Caldwell, Marshall, Trimble &
Mitchell, of New York City, will
be furnished to the purchaser at
the expense of the Authority.
basis
Fredonia. A certified
sealed bids at his office in Raleigh
of the
Note Offering—Thomas F. Far-
a
Co.,
FINANCIAL CHRONICLE
COMMERCIAL &
THE
Number 4825
170
Volume
certified
A
check
Salem, Oregon
without cost
Fnr 1% of the bonds bid for, payor i%
j5Ie to the City, is required
Bond Offering
8 for the purchase of
to exceed 3% interest
Okla.
Mundt,
$215,000
not
sewage sys¬
tem, Series A bonds.
Details—The $20,000
Bond Sale
Alfred
—
City Recorder, will receive sealed
bids until 7:30 p.m. (PST) on
Aug.
OKLAHOMA
Weather ford,
COMMERCIAL
Dated July
! 1949. Denomination $1,000. Due
&
FINANCIAL
CHRONICLE
provement bonds offered July 27
•v. 170, p. 254—were awarded to
he Citizens Bank of Parsons, as
2M>s. Dated Aug. 1, 1949 arid due
on Aug.
1 from 1950 to 1955 in¬
clusive. The First National Bank
of
Dallas,
named
second
high
rate of 3%.
a
bidder,
works system bonds pur- on July 1, as follows:- $8,000 in
phased
by the- Security State 1954; $9,000 from 1955 to 1959 in¬ Sranklin Twp. Sch. Dist. (P. O.
R. D. No. 7, Pittsburgh 29), Pa.
Rank
of Weatherford, as previ¬ clusive; $10,000 from 1960 to 1962
Bond Sale—The $14,000 build¬
ously noted in v,
169, , p." 2470, inclusive; $11,000 from 1963 to
1966 inclusive; $12,000 from 1967 ing bonds offered July 26—v. 170,
were sold as 21/4s, at a price of
water
basis of about 2.24%.
100.05, a
to 1969
....
inclusive, an<±:$13,000 from
1970 to 1973 inclusive. Bonds
I";:
OREGON
t:
Dallas Cityt Ore.
,
-
merit of the face value
Sale—The $160,000 water
bonds offered July 22—v.; 170, p.
Bond
ma¬
turing on or after July 1, 1955,
may be redeemed :,upon the payaccrued
thereof, with
July 1, 1954,
interest, on
or any interest pdffng date there¬
after. Principal and interest (J-J)
payable at the office of the City
awarded to • Blyth v &
Co
and the United States Na¬
tional Bank, both of Portland, Treasurer.; Biddefs to name the
jointly, as 23/4s: Dated Aug. 1, rate of interest, expressed in a
1949. Due on Aug. 1 from 1950 to multiple of y4 Gfr 1%.
The ap¬
were
254
inclusive.
1974
•
-
:
•
vEcho, Ore.
H.
Nona
Offering—Mrs.
Bond
McFaul, City Recorder, will re¬
ceive
sealed bids until 5 pun.
(pst) on Aug. 42 for . the purr
chase of $6,000 not to exceed 4%
interest city bonds.
Dated Sept.
Denomination $500. Due
$1,000 on Sept. 1, from 1952 to
1, 1949.
opinion
Winfree,
of
approving
The
inclusive.
1957
Portland; will
certified check
Shuler & Sayre, of
A
be
furnished.
for
$400 is required.
:
.
2% of the par v^Tue of the bonds,
awarded
to
$.
interest, expressed in
of V& of 1%.
2s, at
as
of
price of 100.16,
a
about
1.96%.
The
v
•
Yamhill
v.^'32?1
County
1'
bonds
Sch.
second
are
inclusive,
Twp.
(P.
2y4s,
re¬
awarded
Butcher
to
|
No.
(P. O. Eugene), Ore.
;
J
Water Dist.
Bethel
County,
Lane
Aug. 1 from 1950 to 1961
Offering
Bond
Ray,
Harry
—
will receive
sealed bids until 8 p.m. (PST) on
District
Secretary,
Aug. 1 for the purchase of $185,Dated July 1,
000 water bonds.
Due
1949.
July 1, as follows:
on
$9,000 from 195! to 1970 inclusive,
$5,000 > in 1971.
A certified
check for 2% of the bid is; re¬
and
/:
quired.
!
•
•
McMinnville, Ore*
!
4
Bond Sale—The $150,000 street
improvement bonds offered July
22—v.
170, p. 254—were awarded
Blyth & Co., of Portland. Dated
Aug. 1, 1949. Due on Aug. 1 from
to
County
School
District
(P. Q. Yamhill), Ore.
Offering — Helen Stump,
Houston, Pa.
Offering — J.
16
Bond
District Clerk, will receive sealed
Bond
Borough
Secretary,
C.
King,
receive
p.m. (EST)
will
sealed bids until 7:30
p.m.. (Pacific Stand¬
Time) on Aug. 15 for the pur¬ on Aug. 2 for the purchase
chase of $125,000 not to exceed 4% $20,000 borough bonds.
bids until 8
interest school bonds. Dated Aug
bonds
in
callable
are
numerical
and accrued interest
on or after Aug. 1, 1954. Principa"
and interest (F-A) payable at the
County Treasurer's office. A cer¬
tified check for 5% of the bonds,
order, at
par
Lestrange & Klima, of Pittsburgh,
as
2s, at a price of 100.88. >
Marshall
Twp.
R. D. No. 7,
Bond
Sch.
Dist.
(P.
O.
Pittsburgh 29), Pa.
$10,000 school
July 26—v. 170, p.
payable to order of the District
Legality approved by 254—were awarded to S. K. Cun¬
Winfree,
McCulloch,
Shuler
& ningham & Co., of Pittsburgh, as
Multnomah County Sch. Dist. No. 4 Sayre* of Portland.
2s, at a price of 100.24. The sec¬
:
ond highest bidder was Fauset,
(P. O. Gresham), Ore.
Bond Offering — Melvin J.
PENNSYLVANIA
Steele & Co., for 2J/2s, at a price
1950 to 1964 inclusive.
;
.
ceive
sealed
>
until
bids
8
re¬
p.m.
on Aug. 5 for the purchase
$472,000 not to exceed 6% in¬
terest
school bonds.
! 1949. Due
on
Dated
Aug.
Aug. 1, as follows:
$47,000 from 1950
inclu¬
1957
to
sive and $48,000 in 1958 and 1959.
These bonds were authorized at
an
of
election held
Principal
and
on
Jan.
interest.;
;
1949.
4,
Bond
Offering—John
D.
Mt.
Zim¬
merman, District Secretary, wil
receive sealed bids until Aug. 8
for
the
purchase of $30,000 gen¬
obligation coupon bonds. A
certified check Tor $600 is re¬
eral
York
opinion: of
Aug. 15 for the purchase of $50,-
Shuler
000
general
;•
obligation
coupon
Sayre, of Portland, will be fur¬
bonds.
nished. A certified check for
$2,000 is required.
nomination $1,000. Dqe $5,000 on
Dated Sept.
L 1949.
De-
Sept. 1 from 1950 to 1959 inclu¬
Bidders to
sive.
namejthe rate o"
County Schqol Dist. No. 13-C,
interest, expressed in^ multiple
C• O. Independence) Ore.)
of (% of 1%.
The approving opin¬
Bond
Offering—George CorWin, ion of
Burgwin, Churchill, Ruffin
District
Clerk, will receive sealed &
Hazlett, of Pittsburgh, will be
bids until 8
Polk
(PST);
p.im
for
the
tQ
exceed;
bonds.
purchase
on Aug. 3
$400,000 pot
of
6%'.
interest
school
Dated Sept. 1, 1949.
Due
March 1, as follows: $15,000 in
and 1952i $16,000 in 1953 and
1954; $17,000 in 1955 and 1956;
$18,000 in 1957 and 1958; $19,000
Si1?59 and I960;
$^!000 in 1962
$20,000 in 1961;
and
1963; $22,000
i" 1964 and 1965; $23,000 in 1966;
W00 in;
1967? $25,000 in 1968'
and
$26,000
in
1969
and
1970.
™cipal and interest (M-S) pay¬
able
at
the
office
of
"Jj^asurer or at the
?l eIne State in New
the
County
fiscal agency
York City, at
option of the purchaser.
'
Rockaway, Ore.
^nd ®ale Postponed—Sale of
be
$700,000 not to exceed 6% fo¬
i»
♦u
rest
water system
nally scheduled
bonds, origi¬
for Aug.- 1—v.
AugusPt'8351~WaS postponed t0
lands,
Township
Secretary,
bids
the
furnished to
out
cost.
A
purchaser with¬
certified
check
for
$1,000, payable to the School Dis
trict, is required.
Bradford
Woods Sch. Dist. (P. O
R. D. No. 7,
Bond
bonds
Pittsburgh 29), Pa.
offered
July
26
were
S. K. Cunningham
7
p.m.
(EST) on Aug. 8 for the purchase
$150,000 not to exceed 6% in¬
terest coupon general obligation
bonds.
Dated Aug. 1, 1949.
De¬
nomination $1,000. Due on Aug. 1,
as
follows: $8,000 from 1950 to
1959
inclusive, and $7,000 from
1969 inclusive.
1960 to
the
rate
Bidders to
of
interest, ex¬
pressed in a multiple of V\ of 1%.
The approving opinion of Burg¬
win, Churchill, Ruffin & Hazlett,
of Pittsburgh, will be furnished
to the purchaser without cost. A
certified check for $3,000, payable
to the Township, is required.
name
Middlesex
Sale,—^The $4,500 schoo
awarded to
sealed
until
will
of
New
&
Twp. (P. O.
Pittsburgh), Pa.
receive
City.
Winfree,: McCulloch,
will
Mt. Lebanon
District
the School District in
approving
J.
Fincato,
receive
sealed bids until 8 p.m. (DST) on
Aug. 2 for the purchase of $13,000
borough bonds.
~
Secretary,
Bond Offering—David D. Row¬
Muir
Offering—Mildred
Carmel, Pa.
Offering —E.
Borough
Blairsville Sch. Dist., Pa*
Bond
Secretary, twill receive
sealed bids until 8 p.m. (DST) on
The
Bond
quired.
(F-A)
payable at the County Treasurer's
office or at the fiscal
agency of
on
ioo.3o.
Allegheny Twp. Sch. Dist. (P.
R. D. 2, Leechburg), Pa.
..
(PST)
1 of
Sale—The
&
Twp. Sch. Dist. (P. O.
R. D. No. 1, Valencia), Pa.
Bond Sale Detailsy-The $20,000
school bonds
purchased by Butler
Co., of Pittsburgh, as 2V4s, at a
price of 100.21. The second high
bidder was Fauset, Steele &
Savings & Trust Co.,' of Butler, as
est
previously noted in v. 170, p. 351,
were
sold as 2s, at a price of
Co., for 3s, at a price of 100.13.
I
sewer bonds purchased by
Cunningham & Co., of Pitts
burgh,
as
previously noted in
v. 170, p. 54—were sold as 2%s, at
a price of 100.63, a basis of abou
storm
S. K.
1.92%.
Bond
Easton), Pa.
Offering — Charles
Unangst, County
receive
sealed
(DST)
on
chase
bids
Aug.
of $250,000
H.
until
11
a.m.
5 for the pur¬
voting machine
and general improvement coupon
bonds.. Dated Aug. 1, 1949.
Due
Township (P. O.
on Aug. 1 from 1950 to 1959 incluMountain Top), Pa.
Bond Sale—The $6,500 road irn-1 sive.
Bidders to name the rate of
Fairview
$75,000
Sept.
check
lnt
vmlnf Hatt
onv
y interest payment
date
for the purchase of $32,000 not to
exceed 5% interest bonds, divided
as follows:
heat-
$21,500 water works bonds.
Due
on
Jan. 1, as follows: $1,000
from 1951 to 1967 inclusive;
$2,000 in 1968, and $2,500 in
1969.
SOUTH CAROLINA
Greenville, S. C.
Bond
Offering—B.
Dated
Dillard
F.
A
certified
check
for
$400 is required.
10,500 fire prevention bonds. Due
on
Jan.
1, as follows: $500
from 1951 to 1964 inclusive;
$1,000 in 1965 and 1966, and
$1,500 in 1967.
A certified
check for $200 is required.
optional in 1955.
The
second
highest bidder was Fauset, Steele
& Co., for 3s, at a price of 101.54.
!
Sept. 1, 1949. Denomina-
tion $500.
All bonds maturing
ceive sealed bids until 12:30 p.m
after Jan. 1, 1960 are to be sub-*
(EST) on Aug. 8 for the purchase ject to prepayment on said date,
of $175,000 not to exceed 6% inand any interest payment date
terest curb market and
parking thereafter at par and accrued inarea revenue bonds.
Dated Aug. 1
terest. The approving opinion of
1949.
Denomination $1,000.
Due Faetre & Benson, of Minneapolis,
on Aug.
1, as follows: $5,000 it will be furnished to the purchasCity Clerk and Treasurer* will re-
er without cost.
1951; $6,000 in 1952 and 1953; $8,
1954, and $10,000 from 1955
to 1959 inclusive.
TENNESSEE
Principal and
interest
(F-A)
payable
at the
Brownsville, Tenn.
Chemical Bank & Trust Co., New
Bond
Sale—The $50,000 water
York City
Bidders to name the and sewer bonds offered
Juiy 21—
rate of interest, expressed in f
v
55—were awarded to M.
multiple of /4 or l/10th oLl%.
Saunders & Co., of Memphis
The approving opinion of Reed
and the Memphis Securities Co.,
Hoyt & Washburn, of New York 0£ Memphis, on a bid reflecting a
000 in
,
CltyJ
be tonished the sue?ess£i1^dder* £ certified check
for $3,500,
required.
net interest cost of about 2.48%.
Dated July 1? 1949> Denomination
payable to the city, is $i}000. Due on July 1 from 195!
i9g9 inclusive. The second high-
Spartanburg County
est bidder was Herman Bensdorf
(P. O. Spartanburg), S. C.
& Co., on a bid reflecting a net
$400,000 series interest cost of about 2.62%.
K road improvement bonds of-'
Centerville. Tenn.
fered July 28—v.
170, p. 351
Bond Sale Details—The $50,000
were awarded to Lehman Bros., of
4% hospital revenue bonds pur~
Bond Sale —The
t
New
York, and the Interstate Se¬
Corp., of Charlotte, joint
ly, as 2s, at a price of 100.554, a
curities
basis of about 1.936%. Dated Aug.
1, 1949 and due
on
Aug.
1
1950 to 1963 inclusive. Second
bid
a
of 100.37 for 2s
group
was
&
Southern
National
Bank of
Atlanta, and Clement A
Evans & Co.
SOUTH DAKOTA
Clerk of the Board
will
receive
sealed
of Education
bids
until
8
(MST) on Aug. 10 for the
purchase of $75,000 not to exceed
3%
interest
building coupon
bonds.
Dated July 1, 1949.
De¬
nomination $1,000.
Due July 1,
as
follows: $4,000 from 1950 to
1956 inclusive; $5,000 from 1957
p.m.
by C. A. Thompson, of
Centerville, as previously noted
v
170, p. i55_Were sold at a
price 0f par
in
.
Bond
made by
composed of Courts & Co.
Citizens
chased
from
high
Beresford Indep. Sch. Dist., S. Dak.
Bond Offering — Victor Jansen,
Controller, will
certified
thereafter at par and accrued in¬
terest.
The approving opinion of
100.57, a basis of
about 2.37%. Due $3,000 on July
1
from
1951 to 1975 inclusive;
:
Northampton County (P. O.
A
1, 1949.
Denomi¬
All bonds maturing
!
at a Price of
iOl.ie.
Corry, Pa.
Bond Sale Details—The $74,000
1969 in¬
nation $1,000.
ing system bonds offered July 2(
v.
170, p. 255—were awarded to
E. H. Rollins & Sons, of Philadelphia, and R. C. Schmertz &
Co., of Pittsburgh, jointly, as 2%Sj
is required.
•
| Burgger, District Clerk, will
inclusive.
Sale—The
bonds offered
1964 to
A certified check for
for $400 is required.
Dated
Sewage System bonds has
sold to Straub Brothers, ol
inclusive; $2,000 from
1963
inclusive, and
_
McCandless Twp. Sch. Dist.
R. D. No. 7, Pittsburgh),
(P. O.
1, 1949. Denomination $1,000. Due
Pa.
Feb. 1, as follows: $10,000 from
Bond Sale—The $57,000 school
1951 to 1960 inclusive; $12,000 in
bonds offered July 26—v. 170, p.
aA
,
A.ikn,,
1961, and $13,000 in 1962. The
a
price of 101.17.
The
highest bidder was Fauset,
Co., for 2y2S, at a price
Bond
of
ard
to
Upper St. Clair Twp. (P. O. R. D Faegre & Benson, of Minneapolis,
No. 9, Pittsburgh), Pa.
'■ will be furnished without cost to
Bond Offering—E. C. Nordsiek, the purchaser.
Bidders to name
Township Secretary, will receive the rate of interest expressed in a
sealed bids until Aug. 11 for the multiple of l/10th or y4 of 1%.
purchase of $126,000 general ob¬
New Underwood, S. Dak.
ligation coupon bonds. A certified
Bond Offering — Wm. Johnson,
check for $2,620 is required.
Town Clerk, will receive sealed
bids until 8 p.m. (MST) on Aug. 9
Wesleyville Sch. Dist., Pa.
Sherrerd, of Philadelphia, as 2s,
a
price of 100.07, a basis of
about 1.98%.
Dated Aug. 1, 1949.
on
1956
$800 is required.
19,000 fire prevention bonds. Due
$1,000 on Jan. 1, 1951 to 1969
St. Marys.
&
bonds. Due on Jan.
follows: $1,000 from 1951
clusive.
100.57.
been
interest bonds, di¬
$3,000 from
at
2y4%
July 25—v. 170, p. 254—
5%
sewer
as
1957
St. Marys, Pa.
Bonds Sold—An issue of $10,000
improvement bonds
will
follows:
as
to
Steele &
inclusive.
Yamhill
exceed
vided
$38,000
second
at
a
to
Twp. Sch. Dist. (P. O. R. D
7, Pittsburgh 29), Pa.
Sale—The $16,000 school
bonds offered July 26—v. 170, p.
255—were awarded to~S. K. Cun¬
ningham & Co., of Pittsburgh; as
O.
—
T—were
Due
Dist.
Wilkes-Barre), Pa.
Sale
The $144,000
Bond
funding and
Bank, of
Portland, as
price d par. Dated Aug.
1; 1949. Due ori Aug. 1 from 1950
Sch.
Clerk,
)
Brickner,
receive sealed
(MST) on Aug.
10 for the purchase of $57,000 not
No.
and
Offering—L. J.
District.
bids until 8 p.m.
Bond
$2,000 from
Principal
and interest payable at Ambridge
National Bank, Ambridge. Legal¬
ity approved by B u r g w i n,
Churchill, Ruffin & Hazlett, of
pittsburgh.
offered
National
2V4s, at
Town
Singer,
Pine
inclusive.
1960
to
awarded to the First
155—were
to
1,
,
July 15—v. 170~~'p.
sold
dated
Aug. 1, 1949.
Denomination $1,000. Due on Aug.
as follows: $1,000 from 1951 to
Dist.
No. S-J (P. Of Amity), Ore.
Sale—The $15,000 school
been
Hoven, S. Dak.
Bond
system
burgh.
Bonds
of
Bond
Donds offered
has
distribution
Scribner, of Pittsburgh.
Dated April 1, 1949. Legality ap¬
proved by Kirkpatrick, Pomeroy,
Lockhart
&
Johnson, of Pitts¬
00.30.
Hanover
■"
High
water
A certified check for
$1,500, payable to the
Treasurer, is required.
Deane &
payable to the City, is required.
"n"'
the District.
Municipal Authority,
(P. O. North Warren), Pa.
Bonds Sold—An issue of $95,000
3y4%
1969
ignated by the purchaser. The ap¬
proving opinion of Dorsey, Colman, Barker, Scott & Barber, of
Minneapolis, will be furnished by
face amount of the bonds,
North Warren
K.
inclusive.
Principal
(J-J) payable at any
banking institution des¬
to
suitable
payable to the County Treasurer,
is required.
lighest bidder was Fauset, Steele
Co., for 2i/2s, at a price of
1956
1964
and interest
Mun-
of Philadelphia, will be fur¬
to the purchaser free of
charge. A certified check for 2%
of the
55
to 1963 inclusive, and $2,000 from
nished
&
1957
multiple
son,
basis
a
a
The approving opin¬
ion of Townsend, Elliott &
Cunningham & Co., of Pittsburgh,
to 1969 inclusive.
McCulloch,
-
proving opinion of Winfree, Mc¬
Culloch, Shuler J^Sayre, of Port¬
land, will be furnished to the
purchaser. A certified check for
254—were
p.
(447)
*
Gainesboro, Tenn.
Offering — J. M. Draper,
will receive sealed bids
until 10 a.m. (CST) on Aug. 16 for
the
purchase of $25,000 water
works improvement bonds. Dated
July 1, 1949. Due on July 1, 1964.
Mayor,
Subject to redemption on any in¬
terest payment date on or after
July 1, 1959.
The legal opinion
will be furnished to the purchas¬
er
without cost.
TEXAS
Crosby County Road Dist. No. il
(P. O. Crosbyton), Tex.
Bonds Sold—An issue of $104,000 road bonds has been sold to
the
Central
Investment Co. of
56
THE
(448)
Texas, of Dallas,
COMMERCIAL
sive, shall be callable for redemp¬
tion on May 1, 1959, and on any
interest payment date thereafter;
&
Cutler,
Chicago, will
purchasei
of
2%s, and 3V4S,
Dated July 15,
1949.
Legality approved by Du¬
mas,
Huguenin & Boothman, of
bonds numbered 675 to 759 inclu¬
for 5%
Dallas.
sive, shall be callable for redemp¬
bonds, payable to the City Treas¬
tion
urer,
at
price of
a
Goose
as
par.
Creek Junior
College Dist.,
Texas
Bond Sale—The $450,000 build¬
ing bonds offered July 25—v. 170,
p. 352—were awarded to Rotan,
Mosle & Moreland, of Houston,
at a price of par, a basis of about
1.93%, as follows: '
¥■
ii*
'
....
$225,500
l%s.
from
Due
to 1954 inclusive.
,
*
Sept. 1, 1949. The sec¬
highest bidder was Under¬
wood, Neuhaus & Co., for $405,000
b)
at
11- A
■|V 4<
2s, and $45,000 as l%s,
price of 100.002, a basis of
as
a
about
*'
£
'
1
h
in >
a
Indep. Sch. Dist., Tex.
Bond Sale—The $341,000 school
.
house
*
4
fe;
-
ii
y'
r
p.
interest
re¬
selected by lot,
date fixed
V!*'
V
V>
the
First
of
10
from
Bonds
I
„
redeemed
thereafter
redeemed
bond
on
-
on
or
l'if
bond
thereafter
redeemed
on
or
prior to May 1, 1974; $10 for each
redeemed
bond
1955
to
1980
to
redemption and
on
a
or
on
from
20
on
on
than
all
their
of
pay¬
matu¬
rities with the bonds- within any
maturity to be selected by lot.
Bonds Nos. 521 to
850, both inclu¬
Aug. * 10, 1964. Legality
by Chapman & Cutler sive, shall be callable >for prior
redemption as outlined in Pro¬
of Chicago.
posal No. 1. Said bonds are pay¬
Van Vleck Indep. Sch.
Dist., Tex. able, both as to principal and
Bonds Sold—An issue of
$400,- interest, solely from the net reve¬
callable
operation of the municipal water
and
Houston,
price
a
of
100.01,
basis
a
of
as 2V2S.
Due on Sept.
from 1950 to 1954 inclusive.
f
r
as
2y4S.
from 1955 to
Due
I'
'
on
Denomina¬
Principal and interest
(M-S)
payable at the City Na¬
Bank of Houston.
Legality
approved by Chapman &
Cutier,
>i?
sewer
City.
1
Sept. 1
1961 inclusive/
Dated Sept. 1, 1949.
tion $1,000.
be
constitute
'
$130,000
270,000
to
nues
Trust
These
an
and
order of number upon
bonds
Bank,
1979 to 1982
in
1983.
1978; $13,000 from
inclusive, and $14,000
Principal
interest
and
*
Jit)
if
of
Chicago.
All other
Factory
4l
approving
Chicago
at
opinion
of
New
York, will
be
furnished
In
purchaser.
2%
for
A certified
face
of
bonds bid
the
Aug. 3 for the purchase
V' *
000
not
water
to
and
exceed
sewer
of
4%
Lft;
tlij
I
}
A-D:
Durable
Freight
value
t
Series
D-1940
!
$31,000 in
$33,000 in
$35,000 in
$38,000 in
JJJJ, $41,000 in
1967,
1969,
1971,
1973,
$32,000
$34,000
$36,000
$39,000
1975, $42,000
1977, $45,000
in
to
purchase
the
bonds
of
the
II
f
may
U
*
"v*T
redeemed
as
follows•'
These bonds shall be
callable for
redemption prior to
maturity at
the option of the
City as follows:
Bonds numbered 521 to
594, inclu¬
sive, shall be callable for redemp¬
tion
on
May 1, 1969, and
on
184.0
1166.0
tl29.2
138.9
1127.3
Series
A-D
"
Series
E-1941
Series
*
*
*
♦
124
139
•: 119
125
144
284
| 292
307
,267
287
289
'274
277
278
Series
$73
Series
in
1,002
436
/: *
,j
•
.,
...
.
Adjustment;
•,
$2,910
$2,000
Iron and steel__„_.
■
E-1948
*
182
'
Open hearth
-
Electric
293
t226
Lumber
and
and
Stone,
and
F
and
F
and
204
Series
F
and
and
Series
F
and
209
196
218
236
187
181
167
187
181"
F
and
G-1949
and
glass
438
-
~
Unclassified
F
sales
and
and
Series—Total
Total
135
t210
184
185
194
tl35
145
193
194
*
200
193
"
200
126
129
148
120
129
tl25
124
141
139
161
t!42
139
161 :
tl31
140
tl85
189
209
*
206
203
156
175
tl74
177
238
tl79
180
243
tl89
190
249
1T89
190
249
tl26
123
174
tl26
123
105
103
140
105
103
140
216
213
313
216
213
313
118
176
118
176
Abrasive a,nd asbestos products *
Textiles
and
*
products
Cotton consumption
Rayon deliveries
Wool
•
textiles
Leather
207
products
174
101
109
101
108
95
107
96
104
109
121
109
116
76
81
*
Cattle hide leathers
and
kip
leathers.
r
kid
leathers
lamb
■i.
leatherstl64
1. -
flour
93
110
105
110
90
163
105
137
172
1164
156
163
138
1108
101
132
152
162
tl37
138
151
tl64
156
160
1T26
*
•
169
159
102
144
165
144
165
162
187
164
162
187
99
and
156
*
fruits
122
164
100
98
100
101
99
tl51
156
157
tl50
159
156
tl63
veg—
production
and
publishing
156
coal
products
Gasoline
146
155
168
144
t207
t220
U99
1207
1220
177
173
ti.79
177,,
173
tl56
consumption—.
and
161
U99
tl79
Newsprint
Petroleum
75
tl73
*
foods
Paperboard
Printing
78
94
1113
Paper and products
Newsprint
73
89
1139
,T
manufactured
Processed
80
79
69
.105
and
166
194
tl56
166
194
*
„
175
175
•
169
»
175
168
175
By-product
*
169
168'
t210
39.47
1,229
2,871
29.97
852
3,362
1,829
$33,191
42.18
394
234
256
t228
233
253
135
154
tl38
139
158
130
124
tl27
126
122
5.92
$24,212
t210
1130
20.22
115
407
tl34
48.95
394
407
t231
Beehive
Chemicals
2,679
V
4.101
4,213
1,943
'
.
"
$57,404
'
50.38
Rubber
$62,314
$27,123
$35,192
309
t258
259
309
449
t395
406
449
173
205
tl79
178
205
149
164
1136
149
164
144
157
1104
144
t78
105
105
178
105
155
173
1154
155
125
128
t258
chemicals
'•'*
t395;
—.
products
tl79
,
'
Fuels
43.53
259
1104
_J_
Industrial
406
1136
Rayon
Bituminous
_
coal
Anthracite
-
268
658
2,557
20.47
3,388
729
650
2,659
3,067 *
21.52
3,717
x..——
JL—
...
3,160
>
2,590
-
-
892
2,717
2 970
2 11
4
(1935-39 average
G_
$21,174
107
redemptions
$3,364
139
matured——..C.—
—33
•
*
$1,992
$1,919
84,967
.
28,707
13.71
Livestock
$86,959
+T«nh'dfs
$30,626
96.34
56,260
dtcvMrnt'
+niirf«-s*
■'
35.22
values
in
=
130
100)
98
130
153
98
173
1188
147
171
150
144
159
132
86
54
66
150
127
128
215
1188
282
267
122
"
l.c.l
73
123
182
Miscellaneous
Merchandise,
■""•'^tnption
llncludes matured bonds which have, not
fcfifin presented for payment.
331
64
33.79
$56,333
302
122
Forest products.
$73
-
♦
156
Coke
891
$24,538
153
150
-
126
126
127
57
59
140>
'
58
59
167
NOTE—To convert coal and
miscellaneous Indexes to points In total lnaex'
Federal Reserve Chart
Book, multiply coal by .213 and miscellaneous by
♦Data not yet
.available,
.
tPreliminary,
1 Revised,
173
141
FREIGHT CARLOADINGS
Coal
157
105
*
■
7 99
•
:
ore-
11 47
2,383
*
,
Iron
*
__
14.05
2,656
207
64
*
Metals
17 49
344
.
•
3,034
months)
17.38
444
2,999
II
1,274
•
'
1154
SiSOO.nno.
222
184
145
tl53
5,172
Grand Total
than
277
220
.r.
190
6,454
,•
i
630
232
t239
176
1.747
unmatured
♦Less
438.
t226
222
v
196
Ore
All
293
277
,
220
184
Grain
Total Series
630 :
232
157
Fuel oil
1,542
(6
.
tl83
4,959
,
G-1948
Series
208
189
182
tl24
Soap_
•
G-1947
204
; 177
196
236
tl54
49.03
G-1946
Series F
208 *
218
-
21.90
,3,215
and G-1945
1948
June
products
5,677
G-1944
Series F
,
tll5
clay
6,553
:—
G-1943
Series
'
May,,.
Clay products
Gypsum and plaster products
5,460
G-1942
Series
June
tl42
1
Cement
,13,008,,
G-1941.
F
•——1949
Juner
209
«■
products
Furniture
.11,136
'
-
F
Without I ..."
Seasonal Adjustment
t
t210
Paints
*
Series
V-'vi;
'
1948
tl35
■
Lumber
41.58
E
Series
)
,
t239
....
Nomerrous metals and products
Smelting and refining
27.83
months).
Series F and G:
100)
"
167
•_
....
Machinery
Transportation equipment
Automobiles (lncl. parts)
4,025
—
Total Series A-E
compiled
'
MINERALS
Total Series
«=
May
-
;
189
...
Steel
1,123
i
(6
Index
r
seasonal Variation
177
Pig iron
55.01
■<
and. payrolls
■
Adjusted for
June
433
——_
E-1949
(
MANUFACTURES
59.27
11489
-
•
-1949'—-
20.44
E-1946
Series
.
total
(1935-39 average
2,864
E-1947
Series
••
INDUSTRIAL PRODUCTION
1,556
E-1945
Series
Series
•
*
-
durable
points
'Employment Index-, without-seasonal
by Bureau of Labor Statistics.
6,888
—.
——
287
*
-
317.6
carloadings,
convert
I
Other
96.34%
112
—
1
—
I
available.
.
401.3
contract indexes based on 3-month moving
averages, centered at
month, of F. W. Dodge data' for 37 Eastern States.' To convert indexes to
figures, shown in Federal Reserve Chart Book, multiply total by $410,269,000,
residential by $184,137,000 and all other
by $226,132,000.
4.426
E-1944
—
value
"
—
I
*
•
second
—10,131
E-1943
137.5
#..
and department store sales indexes based on
manufactures, nondurable manufactures, and
index, shown in Federal Reserve Chart
Book,
multiply durable by .379, nondurable by .469, and minerals by .152.
-
$1,919
281
—
E-1942
Series
'
—
.
*Data not yet
NOTE—Production,
Amt. Issued
$4,910
_
'i
184.5
..114
.
averages.
To
minerals indexes to
Wheat
Redeemed of
Outstdg.
598
_
:
158.2
*
carloadings
Meatpacking
any
Interest payment date
thereafter;
bonds numbered 595 to
674, inclu¬
tl66.1
*
1144.3
—
daily
totals)
1,08-7.
1,283
*
—_,
Series E:
in
be
♦
—■
Manufactured food products
in
con¬
goods
tPreliminary.
i
check
548
—
—
194
265
158.8
.
Department store stocks, value..
-
in
sidering two proposals: Proposal
No.
1 —Only
bonds numbered
from 521 to
850, both inclusive
243
.
Coke
Total
in
1976, $43,000 in
in
1978, and $46,000 in 1979. The
City wishes bidders to make of
fers
$1,992
—— — —
D-1941
1966,
1968,
1970,
1972,
to
tAmount
Redeemed
,
D-1939
233
185
t251
:.
Department store sales, value__«
.
Series A-1935 to C-1938 (matured)
Series
Series
in 1962, $27,000 in
1963, $28,000 in
1964, $29,000 in 1965, $30,000 in
*
■
1195
220
payrolls—
Goat
tAmount
Issued
bonds.
revenue
$21,000 in 1956, $22,000 in
1957,
$23,000 in 1958 and 1959, $24,000
in
1960, $25,000 in 1961, $26,000
l
;4
tAmount
May 1, 1949. Denomina¬
tion $1,000.
Due May 1, as fol¬
lows: $18,000 in
1952, $19,000 in
1953, $20,000 in 1954 and
1955,
Dated
j
177
199
Nondurable goods
Percent
Series
$850,-
interest
163
359.0
'
on
sealed bids until 2
p.m. (MST)
179
U45.5
Calf
■
*»
157
1209
,
for, payable to the city,
millions—rounded and will not necessarily add
liams, City Recorder, will receive
217
1177
_
Tanning
amounts
148
223
employment—
Factory
to
United States
(Dollar
160
1226
199
202
1138
,
201
180
Shoes
Bountiful, Utah
('*
—
Durable goods
Caldwell,
Marshall* Trimble & Mitchell, of
the
May 17, 1949,
on
1195
1161
*
J
_—•——
Sheep and
Bond Offering—Wilford H.
Wil¬
V'4
159
Nondurable goods
approving opinion of Chap¬ is required.
UTAH
h
145
Total
The
Savings Bonds issued and
Redeemed Through June 30,1949
\
222
179
1195
_
Residential
tional
I-
201
161
value—
contracts,
Total
(F-A) payable at the State Treas¬
urer's office, or at the Chase Na¬
Harris
authorized
were
193
1
any
from 1973 to 1976 inclusive; $12,000 in 1977 and
tional Bank, New York City.
interest
the
at
Savings
election held
The
the
and do not
indebtedness of the
payable
&
from
systems
Princinal
(M-N)
an
derived
179
1134
Minerals
Construction
as
Dated Aug. 1,
1949.
Denomination $1,000.
Due
on Aug. 1, as fallows:
$6,000 from
1951 to 1959 inclusive; $7,000 in
1960 and 1961; $8,000 from 1962 to
1965 inclusive; $9,000 from 1966
to
1969
inclusive; $10,000 from
1970
to
1972
inclusive; $11,000
called for redemp¬
shalL be redeemed : in
inverse order
174
1176
June
Construction
bonds
interest
any
tl70
U94
prior to May 1, 2V4% park bonds.
less
192
198
years
WEST VIRGINIA
or
174
179
1161
_
Nondurable
to
two
May
1175
Durable
from
or
on
they
the
1980,
about 2.28%, as follows:
v t
j
in
mature
verse
pre¬
at
|r
i
59
Washington
interest payment date on or after
for each bond re¬
five years from the date of issue.
or
prior to May 1,
school house bonds has been
sold to Beissner &
Co., of
!,,
Ill
,
No.
Dist.
1949
June
.
Total
$50
Where
tion
inclusive.
maturing in 1965
thereafter
ment date are
as,
000
>
Sch.
(P. O. Cusick),
Con.
June
May
Adjustment
1949
1169
.
Manufactures—
County
Without
Seasonal
1948
•
production-
Total
WASHINGTON
Oreille
prior to May 1, 1964; $30 for each for the purchase of $84,241.40 not
bond redeemed, thereafter on or to exceed 4% interest general ob¬
prior to May 1, 1969; $20 for each ligation bonds. These bonds are to
.
I
Industrial
re¬
approved
■i? r
'
June
prior to May 1,-1959;-$40 for each
bond
redeemable
Texas
Antonio, jointly,
VN.
Adjusted for
-1949-
bonds.
Pend
payrolls;
100 for construction contracts;
100 for all other series.
==
average =
Seasonal Variation '
Bond Offering—Lillian Berendt,
1979.
Corp. of San
3s and 3y2s.
Dated Aug. 10, 1949. Due on
Aug.
V
1935-39
on
of
and
for
1923-25 average
District Clerk, will receive sealed
bids until noon (PST) on Aug. 10
each
thereafter
the Columbian Securities Corp. of
Texas, of San Antonio; R. J, EdWards, Inc., of Oklahoma City, and
»; «•
•
purchase
100 for factory employment and
=
Aug. 29 for the
$70,000 building
(EST)
p.m.
premium of $50
a
BUSINESS INDEXES
1939 average
Vinton, Va.
Bond Offering—The Town Clerk
will receive sealed bids until 8
prior to May 1,
1964; $30 for each bond redeemed
Williamson, W. Va.
thereafter on or prior to May 1,
Bond
Offering — B. C. Roach,
1969; $20 for each bond redeemed City Clerk, will receive sealed
thereafter on or prior to May 1, bids until 11 a.m.
(EST) on Aug.
1974;. $10, for each bond redeemed 16 for the purchase of $300,000
refunding bonds has been sold
to John Nuveen & Co., of
Chicago,
(4,
v.
is required.
or
for
thereafter
•
h
of the face amount of the
1959; $40 for each bond redeemed
of Dallas.
'
v
check
certified-
A
VIRGINIA
to be called in the
to the
deemed
3^s, at a price of par. Dated
June 15, 1949. Legality
approved
Ity Dumas, Huguenin & Boothman,
Federal Reserve June Business Index
the
to
cost.
850
for
called
bonds
are
demption .and
of
©00
,
to
prin¬
cipal amount thereof, plus accrued
for
$750,-
/
without
to be redeemable at the
are
fixed
Son Antonio Indep. Sch. Dist., Tex.
Bonds Sold—An issue of
■
760
inverse order of their maturities,
with the bonds within any ma¬
and
:H'» \
»;
All
demption
mium
.
f|.
f'f'l
bonds numbered
inclusive, shall be callable for re¬
demption on May 1, 1954, and on
any interest payment date there¬
after.
furnished
be
payment date thereafter,
sold
to the Central Investment
Co. of Texas, of Dallas, as 2 Ms
s, 3s,
'■
•"*
and
1, 1959, and on any
man
the date of issue, as nearly
practicable, in such amounts
Proposal annually as will, together with in¬
3s, at a price of 100.02, a basis of prior to May 1, 1979.
terest on outstanding
bonds, be
about 2.99%. Denomination $1,000. No. 2—Bonds Nos. 58 to 520, both
met by equal annual tax levies for
Due on Aug. 15 from 1949 to 1973 inclusive, shall be callable for re¬
demption on May 1, 1954, and on the payment of principal and in¬
inclusive.
terest. To be redeemed, any part
any interest payment date there¬
Sabinal Indep. Sch. Dist., Tex.
or all of them, by the District at
after, and are to be redeemable
Bonds Sold—An issue of
$150,- at the principal amount thereof, par and accrued interest, at the
000 school house bonds has been plus accrued interest to the date option of the District and in in¬
Si
iV.
bonds
offered July 20—v.
155—were awarded to McRoberts & Co., of San Antonio, as
170,
£
1.95%.
Huntsville
-
?
{iiN|V»"
1955
ond
c,|
4 '<
from
Dated
1
Maq
on
interest
turity to be
Due
1959 inclusive.
to
/
i
2s.
as
1950
'
■H
<
as
225,000
^
(•
Monday, August 1,
i94}
CHRONICLE
FINANCIAL
&
@FedFRASER