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Mli
ASM
UB"ARV
2 5
BUS.
V
Volume
170
Number 4829
New York, N. Y.,
General
RAILROAD
Acme
Net
1,793,032
income
905,584
$1,111,680
figures for this period.
"Chronicle"
tOn
$0.75
of
basis
$2,393,528
1,986,648
shares
in
V.
Stock and Bond
Paul, Minn.,
making the announcement, L. H. D. Baker, Vice-President in
charge of refrigeration, stated that Seeger would produce approxi¬
mately 50%
of
the
Admiral
refrigerator
cabinets
with American
other
division
50%
Baker,
is
makes
Avco
addition
"due to the
this
The
expansion
Corp.
the
of
Ind.,
Connorsville,
of
new
supplier,
as
retaining
announced
by
Exchange
York
Curb
Exchange
Stock
(Bonds)
24
29
Los Angeles
Mr.
necessary."
acceptance^, In spite of the refrigeration industry drop in the
appliance business for the first half of 1949. Admiral sales have sub¬
Exchange
Over-the-Counter
Markets
—J-*-
Transactions New York Stock Exchange
Gros",
Income
277,685
272,805
3,390,136
$338,701
$7,751,073
105,000
1,260,000
$233,701
$6,491,073
$4,704,813
—V.
170,
over
This
The
the
It
flew
terms
$2,777,496,
year,
%
right
to
Rights expire Aug. 15.
sion j
in
connection
the
holders of its
outstanding shares.
Such portion of the 90,000 shares as
the underwriters for
purchased by the underwriters are offered by
their own account at $11 per share.
are
transportation of natural gas to be purchased by the
Tennessee Gas Transmission Co. pursuant to a contract
company from
with Tennessee
Gas dated March 16, 1948, such natural
gas to be sold by the company
to certain
municipalities and retail distribution companies in southern
Tennessee, northern Mississippi, and northern Alabama.
Company also
proposes
to
sell
natural
gas
directly to Reynolds Alloys Co. and
Tennessee Valley Authority, for use in industrial plant*; located near
Muscle Shoals, Ala., and may sell gas directly to other industries along
Its line.
The company is authorized by the Federal Power Commission
in
170,
and
It
PIPELINE—Company's proposed main transmission line
approximately 142 miles long, will commence at a point on the
be
main
transmission
line
of
Gas
Tennessee
Selmer, Tenn,, passing
Mississippi,
and
through
the
through
near
the
northeastern
corner
of
Tennessee Valley area in the northern portion
45
company
45
System
New
terms
of
Mutual
(4)
to
not
purchase
bond
a
point
a
near
line from
the
to
Decatur, Ala,; approximately 26.5 miles of 6%-inch pipe¬
8%-inch line to a point near Huntsville, Ala.;
miles of lateral lines ranging in diameter from 8
inches; and the necessary metering and regulating equip¬
3
ment.
No compressor stations are contemplated at this time, since the
operating pressure of the line of Tennessee Gas at the
point at which
_
the company
proposes
ficient to allow the
to take its gas supply Is estimated to be suf¬
company's system to meet its estimated demands.
,
FINANCING AND
to
finance
PROPOSED
CAPITALIZATION—Company proposes
the cost
of its facilities
through a program which involves:
The offer for sale to its
existing stockholders of 90,000 shares of
common stock
at $9.60 per share on the basis of three shares of
(1)
its
additional
Tecord
'
*
or
iV
the
on
common
Aug. 4,
stock
for
*
ine
of
1969,
sale
at
of
S1'700-000
102%,
an
common
stock
held
common
the
per
share of that portion
bonds,
mortgage pipeline
series, due 1969
3%
stock
Common
•Additional
mortgage
Authorized
Outstanding
*$3,000,000
t$3,000,000 ;
4%
*
225,000
($1
par)___
bonds
in
one
or
the bonds,
securing
-
__
225,000
150,000 shs.
notes
serial
120,000 shs.
plus interest, ana, subject to certain conditions,
additional $1,500,000 of such bonds; pursuant to the
standings,
,v::-
10
280,000
of
for
$580,945.
announced
last
April
with
that
receipts
the
made
has
of
Bemberg
sale
year
of
of
was
$330,755.
-r
business
its
shares
common
of
the
will
convertible
cumulative
common
distribution
for
Bemberg
assumed
Bemberg
dividend
$1.25
share
American
Mills
outstanding
Beaunit
each
being
are
of
entire
they
own.
stock
new
Ar¬
and
Corp.
list
all
the
the
new
obligations
will
be
Exchange
Beaunit
liabilities
and
filed
preferred
the
in
near
stock
on
of
the
future.
outstanding
issue
of
the
preferred
itock—classes
A
Bemberg Corp., was on Aug. 10 called for redemp¬
The
Central
appointed
York
Hanover
Bank
to
may be issued under the
restrictions contained therein.
&
Trust
Co.,
American
much
so
of
the
has been
of New
at
$9.60
thereof
company's
as
or
to
the under¬
construction
will be derived from the sale of
be necessary to complete the
may
proposed
its stockholders'
share to
per
facilities)
to
OFFERING
consent
themselves
ttock.
of
BY
of
UNDERWRITERS—The
the
with
The
stock
aggregate net proceeds from the sale of securities will
costs of construction of the line.
the estimated
pay
regard
of
with
to
underwriters, and the respective percentages
by the existing stockholders which each has
are
as
follows:
Marx
Weld
&
Co.—
—
of
shares
corporation
The
company
of
on
Aug.
11
reported
an
Chesapeake & Ohio Ry.
of
Chicago
private
further
a
Aug.
stock,
1.
on
Aug. 10.—
dividend
10, 1950,
this issue
Jan.
payment on
Corp.—Resumes Common Div.—
declared
10
payable
of
to
60
the
this
week
or
170, p. 485.
Gordon Grand,
reduced
tender
thus
' • ;
.
by
for
"The
record
Nov.
Aug. 30,
on
10,
share
per
class
1949.
Aug.
of
The
Rock
:
Corp.—Buys Own Stock-
in the open market, and by an invitation to
109,000.4 shares to 87,700.4 shares.
The shares
from
were
cancelled
management
intends
and
to
are
to
continue
be
retired.
the
acquisition
as
by
purchase
suitable oppor¬
tunities present themselves."
The $6 cumulative preference
stock, having a stated value of $1 per
the extent of $100 per share plus accrued divi-
has priority to
St. Louis Listed and Unlisted Securities
said
the
exchange
was
exchange during July
stock for 64,700
stock.
at
the
also
disclosed
York,
St.
market price
Louis
Stock
Chicago Stock Exch.
it sold, earlier
Chicago
<fe
St.
last
Louts
week
RR.
the
last of its
common
stock
of
Co.
Members
New York Stock Exchange
common
made
&
1871
300 North 4th St., St. Louis 2, Missouri
common
Island & Pacific RR.
New
last
1948.—V. 169, p. 2633,
exchange of additional shares of preference stock
share,
19,
stock,
Co.—Weekly Input—
Established
individual.
New
same
on July 28 announced that "Since Dec.
31,
preference stock of the corporation has been
purchases
cash,
cents
record
the
President,
outstanding
acquired
10
of
on
Aug. 4, 1949, the System inputs of subsidiaries
amounted
to
251,912.000
kwh.,
an
increase
of
13.56%-, over the corresponding week of last year.
American Superpower
the
of
holders
to
ended
company
30,074,000 kwh.,
1948
of
cents
American Power & Light
of
10
amount
holders
was
dividend
a
Oct.
like
Edward D.Jones
corporation
63,446
holdings
below.—V. 170, p.
14
Alleghany Corp.—Change in Portfolio—
a
dividends.—
3
Co
&
White,
________
with
accrued
5
C. F. Cassell ii Company—_
170, p. 297.
shares
plus
the
purchased
severally agreed to purchase,
of
share
a
have entered into an agreement among
the underwriting and distribution of the
Scott, Horner & Mason, Inc._ 50%
Johnston. Lemon & Co
14
Mason-Hagan, Inc.
14
—V.
$110
company,
names
not
underwriters,
several
on
common
payable
or
The estimated
the
at
General
directors
the
on
—V.
terial notes.
be used
1949,
Export Lines, Inc.—Coverdale Dies—
American
The
For
York, N. Y.,
New
Chase National
expenses) to
$3,000,000 of
bonds and $225,000 serial notes will be approximately $4,156,500.
Of
this amount $864,000 will be derived from the sale of 90,000 shares of
(or
14,
485.
p.
William Hugh Coverdale, Chairman And
President* died
169, p. 2309.
with certain
Bank of the City
agent for the common stock, $1 par.
and The
registrar
transfer
as
Oct.
on
and
series
more
subject
in the event the company cannot comply
conta'ned in the bond purchase aereement.
condition-
The
first mortgage pipeline bonds, 4% series,
were
—V.
First
of
stock which is not purchased
for* Airfreight to date
month
revenue
See Hooker Electrochemical Co.
Upon completion of the company's proposed financing plan, the capi¬
talization of the company will be Indicated below:
This
«™alt to the under,vriters at $9.60
90,000 shares of additional
sale
share
in
American Brake Shoe Co.—To Sell Niagara Falls Plant
The borrowing front Chase National Bank, New York, of a sum
exceed $225,000, but rot in excess of the amount necessary to
standing.
1949.
by its present stockholders.
aue
each
period
Northwestern
construction of the company's proposed facilities.
The present capitalization of the company consists of 150.000 shares
of common itock (par $1), cf which 30,000 shares are issued and out¬
the end of the
approximately 39
inche;
the
chare
stock
York Stock
170,
Co..
Insurance
Life
with
made
agreement
$3,067,500 will be derived from the sale of bonds and $225,000
Ala.
Peak
receipts
monthly
Aug.
on
Bemberg.
application
to
tion
V.
stock
Decatur,
system will conskt of approximately 80 miles
of 10%-inch
pipeline, extending from the main gas transmission line
of Tennessee Gas to a
point near Muscle Shoals, Ala.; approximately
35.5 miles of 8%-inch pipeline extending from the 10%-inch line to
of
one
Beaunit
writers.
The
than
more
same
property to its parent, Beaunit Mills, Inc., has been consummated.
recently authorized by stockholders cf both corporations.
An
common
Huntsville, Ala.
tne
American
between Muscle Shoals and
The proposed pipeline
near
44%.
when
first-half
297.
p.
dissolution
PURPOSE—The aggregate proceeds (before deducting
the company from the sale of additional common stock,
point
a
operations
with
revenue
of
1949,
rangements
of Alabama, terminating
capacity of the line is approxi¬
mately 31,000.000 cu. ft, of natural gas per day, as presently author¬
ized, and approximately 35,000,000 cu. ft. of natural gas per day, if, as
proposed, 8% -inch pipe is substituted for the authorized 6%-inch pipe
at
compared
a-;
the
increase
in
Airfreight operation
was
Airfreight receipts m 1949 through June 30 were
compared with* $1,927,725 in the comparable period last
the
Holders
Statement of Member Banks of
tOr $1,700,000
PROPOSED
will
Airfreight
Us
1949
was
The
to construct and operate such a line.
-
of
and B—of American
complete
COMPANY—Company was incorporated in Delaware on Oct. 9, 1944.
Company propose; to construct and operate a pipeline system for the
Airfreight Operations Up
American Bemberg: Corp.—Sale Consummated—
no
Concurrently with this offer, the underwriters plan to offer to the
public, subject to prior sale to the company's stockholders, the 90,000
chares being registered.
The underwriters have agreed to purchase such
portion of the 90,000 shares so offered as are not purchased by the
prin¬
revenue,
increase
an
The
-
underwriting discounts or commis¬
offering to existing shareholders.
There are
with
increased
half
of
April,
was
43
Banks
the
great.
as
receive
Federal Reserve
first
14,991,643
preferred
Condition
purchased
,
In
almost
45
a
recently
H. Wiggin in Amerex Holding Corp..
the shares of American Express Co.—V. 170,
Albert
of
Airfreight ton miles prior to mid-year
this year, as against 9,922,298 in the period, January
through June,
1948, an increase of 5,069,345 Airfreight ton miles, or 51.3%.
45
Reserve
offering 90.000 shares of common stock (par $1) to
30,000 outstanding shares of its common stock of
price of $9.60 per share, each stockholder having a
subscribe to three additional shares for each share owned.
Aug. 4 at
Corp.
Airlines, Inc.
corporation
Rates
Combined Condition Statement of Federal
company i-,
holders of the
record
directors.
,
in
—v.
Exchange
Foreign
Stockholders'
of
99%
President of Union Securities Corp.
King.,
elected
Securities
1948.
fourth
—
Union
297.
Redemption Calls and Sinking Fund Notices—45
Rights, Etc.—
the
its
President of Equitable Securities Corp. of Nash¬
have been
holdings
owns
Dividends Declared and Payable
Co.
Gas
for
agreement between this corporation and
America, CIO, when was to have expired
extended
and will remain in
full
force
15, 1949.—V. 170, p. 297.
>.
and Joseph H.
and
50%
State and City Bond Offerings—
101.
p.
Alabama-Tennessee Natural
stock
been
O. Currey,
York,
50%—
Investment News—Cover
51
General Corporation &
The Course of Bank Clearings
Balance
-
New
American
Miscellaneous Features
1,260,000
preferred stock
on
Brownlee
p.
Averages_33
"A '''-AA A>vA:;V
r'">:
$5,564,813
105,000
Net income
prelerred
of
preferred,
bonds.
Holding Corp.—King & Currey Directors—
which
(Dow-Jones).^—33
National Quotation Industrial Stock
3.238,497
(net)
A
shares
RR.
5%
of
Oct.
a.m.
Equitable
cipal stock
24
$9,203,310
$615,952
Int. & cth. deduc.
Divs.
1949—12 Mos.—1948
$611,506 $11,141,209
$893,637
,
of
24
$3,553,138 $45,642,107 $41,437,699
2,941,632
34,500.393
32,284,389
2,880,378
12:01
ville, Tenn.,
38
38
33
41
—42
Exchange—Curb Section
Stock
Toronto
Stock and Bond Averages
1949—Month—1943
$3,574,015
taxes
&
100,000
Line
Air
mortgage
bargaining
has
1949,
Amerex
—35
Transactions New York Curb Exchange
End. June 30—
series
its
July
in
first
Ry.
:
485.
Steelworkers
16,
until
______—35
Exchange
Stock Exchange—_—
Toronto Stock
Alabama Power Co—Earnings—
expenses
Coast
of
sold
-
Montreal Curb Exchange
stantially increased; with this in mind, it is imperative for Admiral to
facilities for next year, it ^ was stated.
Mr. Baker gave credit for the increase in sales for the first half of
1949 because of the outstanding merchandise, significant price advan¬
tages throughout the line and aggressive advertising and sales promo¬
tion policies.—V. 170, p. 485.
Period
shares
800
collective
Aug.
34
~34
—:—-35:
-.. -
Montreal Stock Exchange
Increase production
Oper.
The
—
sumer
170,-p.
United
Philadelphia-Baltimore Stock Exchange
36
Pittsburgh Stock Exchange—J—
—-—36
St. Louis Stock Exchange
__36
San Francicso Stock Exchange
—37
Appliance Division was formed immediately after the
since its inception, its products have met with ready con¬
Gross revenue
East
50%.
at
it
Seaboard
of
Allegheny Ludlum Steel Corp.—Pact Extended—
34
Exchange..
Detroit Stock
the
the refrigeration business which
rapid growth of
shares
13
Cleveland Stock Exchange
Admiral
and
war,
The
.
of
Stock
—V.
(Stocks)
Chicago Stock Exchange
Cincinnati Stock Exchange
to pro¬
refrigerator cabinets for the Admiral line.
a
York
Boston
In
Central,
Stock Exchange
New
Step Up Refrigerator Production—
corporation,
manufacturers of elevision, radio,
phonographs,
refrigerators and electric ranges, announced on ^ug. 6 they completed
Seeger Refrigerator Co., St.
in Florida
of
said
corporation
13,000
and had purchased 18,800 shares
Nickel Plate common was sold at
The
purchased
was
account also was reported
by the corporation.
As of July 31,
said, there were outstanding 360,891 shares of series A preferred
having a net asset value of $84.81 per snare and 47,838 shares of
prior preferred stock having a net asset value of $727.75 per share.
Page
New York
This
negotiations with the
$100,000
market
open
preferred.
it
Quotations
170,
New
duce
the
common,
Purchase
_
Admiral Corp.—To
O.
A
preferred
own
this column in
See
its
addition,
&
and
$1.73
outstanding.
now
C.
This Issue
In
$3,442,000
$1.20
^
given
Figures
5,551,613
2,109,613
the
on
series
own
and
In
•
shares
its
70%
1849 were for the quarter ended March 31,
1,
Aug.
of
393
p.
of
MISCELLANEOUS
-
12,905
3.868,594
1,470,066
$1,477,533
$0.55
share___
per
•Corrected
1949.
2,383,117
681,352
income
taxes
tEarnings
the
INSURANCE
-
$14,078,176 $14,698,956 $28,650,652 $29,613,548
Operating
Federal
INDUSTRIAL
-
1949—6 Mos.—1948
1949—3 Mos—*1948
sales
Copy
a
Corporation and Investment News
PUBLIC UTILITY
-
Price 75 Cents
Monday, August 15, 1949
Steel Co.—Earnings Correction—
Period End. June 30—
Net
J34s
MONDAY
York
Exchange
Chicago Bd. of Trad*
Curb Exchange Associate
Phono
CEntral 7600
Bell Teletype
SL 583
2
THE
(590)
dends of $103.50
portfolio
pany s
divs.
transf.
of
The
1946
1948
1947
$86,405
7,439
10,966
29,466
25,512
23,467
25,825
23,134
1,482
2,424
10,451
6,028
{$25,888
{$8,259
$23,353
♦Balance
dividends
Preferred
1949,
$205,755
{Loss.—V. 169,
_—
Aug.
on
&
Reaunit Mills,
See
American
(A. S.)
Uncollectible
cper,
55,123
rev—
18,400,465
13,802,037
2,252.240
Operating revenues
___
—
•
299.'
operating
Net
after
19,060,391 110,596,272 114,768,103
13,319,099
83,619,628 78,813,919
2,910,261
13,943,207
17,450,183
Net
—V.
170,
4
•
of
As
The
See
directors
declared
have
stock,
common
payable
dividend
a
Sept.
of
cents
50
share
per
June
Central
both
corporation
of
Shreveport,
Commission
Louisiana
The
be
to
are
evidenced
bank
of
loans
Net
to be
are
used
York
New
the company's con¬
in
It is estimated
that the initial borrowing of
plus funds obtained from internal sources will be suf¬
completion of the
1949 construction program.—V.
169,
program.
$9,500,000
for
Artloom Carpet Co., Inc.—Makes Small
Herbert
year
result of liquidation of inventories and abandonment of
of its Wilminster line, the company will show a small
the period.
Loss due to liquidation of the Wilminster
as
line,
estimated by
against operations,
Adair
Mr.
sheet of
the
surplus,
to
the
the
that
said
$362,000,
at
company
was
reviewing
after
directors,
charged
"This
balance
company at mid-year, declared the regular dividend from
which has been added a portion of profits set aside in a
contingency reservef over the past 10 years.
,<
directly
the
4
taxes were paid over the past 10 years
extra dividends, but the management deemed
it advisable to prepare for abnormal situations or contingencies which,
reserve
which
on
could have been paid
times like
in
in connection
as
these, would affect the thinking of the board of directors
with dividend disbursements," he said.—V, 170, P. 102.
Automotive Parts Co., Columbus, O.—Debentures
fered—The Ohio Co., Columbus, O., are offering
1, 1949; due Aug. 1, 1964.
bus, Columbus, O., trustee.
Aug.
of each
l
Interest payable semi-annually Feb.
and
1
greater
through
was
vehicles.
other
The
which
it
of
the company's business is
sells
above-mentioned
the
that of warehousing
items to 106 jobbers of
automotive parts on
a
basis competitive with direct factory sales,
quality and other factors considered.
The company also operates as a jobber in Cleveland and Columbus,
Ohio, and in Charleston, W. Va.. where it sells direct to garages, car
dealers, service station operators, fleet and business operators and
some industrial organizations.
The company owns all of the outstanding common stock of Automo¬
tive Management, Inc., and owns a minority interest in the voting
stock of Allied Motor Parts Company and The Balkamp Manufacturing
Corporation. The company intends to purchase all of the common stock
to be issued by The Automotive Parts Company of Lakewood,
inc.,
which was recently organized with a view to acquiring the inventory
6f and taking over the jobbing operations of The Fischer Parti Company of Cleveland, Ohio.
CAPITALIZATION—Authorized
of
6%
issued
(stated
outstanding;
value
$5
the
to be
by
-
which 874
of
of
common
into
March
and
28,
is
a
1947,
shares
stock
(no
issued
are
the
are
a
certain
which
to
to
the
his
upon
death,
in the event
Such
company.
'Company presently has outstanding $249,000 4% sinking fund de¬
bentures dated April l, 1947 and due April
1, 1962.
As a result of this
financing the company will also have outstanding $300,000 4 »/2% sink¬
ing fund debentures dated Aug. 1. 1949, due Aug. 1, 1964.
PURPOSE—Net proceeds
face
amount
working
$120,000
capital.—V.
Avco
Six
of
170,
will
be
and
to
p.
used
retire
notes
payable
in
the
486.
the
company
with
additional
Net sales
May 31—
1949
_—______________
Net income
after all
per
the
__________
charges and Federal taxes
common
share__
•
3,141.607
$0.35
$0.43
•After preferred dividend requirements.
year
amounted
to
21 cents per share,
which is the same amount as in the second
quarter of 194e. For the first quarter of the 1949 year earnings totaled
14 cents per share.—V. 169, p. 2206.
(The) Baldwin Locomotive Works—New Contract—
Authority to
turbine
has received
build the fourth
company
for
an
and
order
last
from
42,000
the
621,218
$2.36
$2.01
$3.75
has filed
horsepower
each
are
is registered
as
these
under
Investment
the
Company
Act
April
on
Frank
1949.
30,
Co.
Russell
is
(Tacoma)
election
of
W.
J.
Primeau
Valley
hydraulic
Smith,
M.
Gammage of
ritton,
Brothers
Co—_____ 22,000
Co.—
Service
has
has been
Merritton
Parts,
14,000
&
Co
Adams
&
14,000
&
Hill
8,000
Inc._
1,500
1,500
1,500
William
Lester
4,500
Sutro
4,000
Whiting, Weeks & Stubbs_
Bailey & Davidson
1,000
3,500
James
D.
&
&
Co
1,500
1,500
Co.—
1,500
1,500
—
3,500
Foettcher and Company
William J. Collins & Co.—
1,000
1,000
3,000
Conrad,
Bruce
Weedon & Co
1,000
1,000
Co
3,000
Crowell,
Co.—
2,500
McAndrew
&
Co
2,500
Stephenson,
&
Paine-Rice &
2,500
&
Co
2,003
Mejia
&
&
Co
Waldo
1,000
&
&
Durst,
Inc.
1,000
Weeden .& Co..
1,000
1,000
Holmes
Sandman
&
500
2,000
Co
1,000
Hemphill & Co
H.
2,000
Pacific Coast Securities Co.
Co
&
1,000
Co
Wilson, Johnson & Higgins
&
2,000
Miller &
Inc
Leydecker
Wagenseller
2,000
Son
Co.
1,000
2,000
&
Co.—
Co.
2,000
Marshall—
Harper
Co
—j.
California—
Richards
1,500
Robbins
&
Parsons
P.
&
Hall & Co
Co.——
Eichler
&
Campbell
1,500
&
5,000
Staats
Tully
&
Blankenship, Gould
Blakely, Inc
2,000
Handel, Lundborg & Patten,
Inc.
Co
Slocumb
of
2 000
Wesley
—;
Co.
2 000
Co
5,000
Northwest
R.
2,000
_
8,000
(Inc.)
Co
—
William
&
Co
_
8,000
Co
&
Miller
&
_
Raggio Reed & Co.—_____
Akinson, Jones & Co.—
:
Co.
;
Irving
Bids for Purchase of $7,000,000
Lee
Co
&
500
500
First Mortgage Bonds—
The
company is inviting bids for the purchase from it of $7,000,000
mortgage bonds, series due Aug. 1, 1S79.
Ail bids shall be sub¬
mitted to the company at the office of American Trust Co., 464 Cali¬
named
first
fornia
Street,
Aug
.
formed to
been
has
been
and
Ltd.,
Revel
14,000
—__
Barney
win
Francisco
San
Calif.,
20,
prior
to
8
(PST)
a.m.
on
16.-
distribute
com¬
a
L.
General Manager
Easterbrook, also of Mer¬
The
newly elected board of directors will consist of Messrs. Primeau,
Gammage and McGavin, and R. W. Dose, of Chicago, who is
Secretary and Assistant Treasurer of Borg-Warner Corp.B-W-H Service
Parts, Ltd., is arranging to take over the BorgWarner parts inventory of Acton Machine Co. of Toronto, Canada.
DeLind,
|
Net
income
1948.—V.
1948
1949
$2,109,581
share
550,000 common shares
on
for
the
months
six
increase
an
170,
of
$1,829,254
S3.08
ending June 30, 1949, amounted to
over
that of the same period of
15.70%
48C.
p.
California Water Service Corp.—Registers Stock—
The
registration statement with the San
SEC proposing the sale of 60,000
preferred stock, series E ($25 par).
underwritten by a syndicate headed by Witter &
corporation
filed
Office of
has
Francisco
Regional
shares
named Sales Manager.
STATEMENT
income
$1,059,414,
appointed
J.
EARNINGS
COMPARATIVE
12 Months Ended June 30—
.
E.
Lundborg
Wulff, Hansen & Co,
Merritton, and Mr. DeLind is President of Borg-Warner International
Corp.■■
':
B-W-H
ol
No. of Shs
Irving
Mason
Byllesby & Co. (Inc.)
Wm.
plete range of Borg-Warner automotive replacement parts throughout
Canada.
Mr, Primeau, chief executive of the new company, is also
Vice-President and General Manager of Hays Steel Products, Ltd., of
J.
&
Name—
30,000
______
Beane
Earned per
Ltd.,
mortgage and deed
expressed amount.
in
of
_
Parts,
,
800,000 shs
first
unlimited
Lynch, Pierce, Fen&
ner
Secretary-Treasurer.
of
is
Kidder, Peabody & Co.— 14,000
Merrill
Net
Service
None
'
2,500,000 shs.
the
Corp.___ 30,000
Dillon .&
Merritton, Ont., Canada, as Pres¬
ident of the newly established B-W-H Service
Parts, Ltd., has been
announced.
Other newly elected officers are J. W. DeLind, Jr., of
Chicago and Detroit, Vice-President, and E. P. McGavin, of Merritton,
B-W-H
75,834 shs.
j
under
boxids
Inc
Witter
Graham,
of
7,793 shs.
42,000 shs
as
determine
may
non-diversified closed-end management investment company.
a
series
authorized
Boston
Eastman.
Davies
the continuous distribution of its common
offering price will vary as its market price
The
24,373 shs.
7,793 shs.
in
No. of Shs.
First
Foster
proposing
24,373 shs.
follows:
as
Mitchum,
registration statement
a
7 000 000
42,000 shs.
issuable
(par $20)
securing
Brush,
Registered—
Wash.)
(Tacoma,
4,500,000
4
._.
o£ direc.
stock
Hayden,
The
cumulative
The
of
stock
is
be
to
a
the
convertible
Co.
Assistant
Chain
Co.,
division
a
of
given
bores
dimension
on
with
offering
the proceeds from the sale in part
construction expenditures already made
purchase, improvement, or construction
of waterworks facilities during the year.—V. 170, p. 486.
and
to
use
for
the balance to pay for the
Canadian Pacific
Line
Ry.
Period End. June 30—
data,
horsepower ratings, stock and maximum
illustrations and useful descriptive matter.—V. 170,
many
offering price to the public, the interest rate of the stock, and
are to be
added by amendment.
company proposes
reimburse its treasury
to
is now
flexible chain couplings.
Borg-Warner Corp.,
new
16-page catalog (C 45-49) on
Subjects covered are:-roller chain stock couplings; silent chain stock
couplings; heavy duty, made-to-order silent chain couplings, and steel
and plastic covers for the two stock couplings.
Complete information
is
The
the rate of conversion
The
Morse Issues New CatalogMorse
28,557,873
(The) Budd Go.—Employment Rises 8.3%—
Net
production
in
the
company's
automotive
plants
has
employment by 1,571 persons, or approximately 8.3%
over
last year's figure, according to H. A, Coward, Vice-President.
Budd's
four plants in Philadelphia and in Detroit employed a total of 20,442
on Aug.
1, Mr. Coward stated.
Production
customers.
monthly
V.
170,
in
the
as
the
automotive
result
Deliveries
plants is
increased
of
of
auto
now
running at capacity, he
from
orders
two
of
the
company's
$21,742,507
parts
compared with $14,638,384
299.
are averaging about
monthly at this time last
year.—
3
p.m.
directors
Aug.
on
decided
8
to
omit
the
ordinarily
payable
on or, about Aug. 26 on the common stock, par $1. On May
26, last, a distribution of two cents per share was paid, compared
with three cents on Feb. 25, 1949, and five cents per share in each
quarter during 1948. An extra of five
Nov. 25, last year.—V. 158, p. 1728.
cents
disbursed
also
was
$2,983,543
*$163,603
on
on
Aug. 8 declared a dividend of 2%
(50 cents per
the ordinary capital stock, in respect of the year 1949,
Canadian funds on Oct. 1 to shareholders of record at
made
was
follows:
Oct.
On
1,
50
heavy
still
cents
(in
the
75 cents (in
respect
attention
aoplication
that
and
for
relief
no
increase
an
of the
the
of
has
in
a distribution of 75 cents
1948.
Payments last year
1948);
year 1947).
respect of the year
shareholders
railway
between
interim dividend is paid wholly
V.
of the year
respect
disproportion
continues
the
On March 31, last,
in
March 31,
call
directors
the
1949.
Aug. 22,
on
as
The
dividend
in
share
per
that
The
on
payable
Buell Die & Machine Co.—Omits Dividend—
.
''$4,106,939
directors
share)
and
*
$511,033
s
Declares 50-Cent Dividend—
The
were
p.
$
27,546,064 175.235,795 160,829,880
31,653,003 172,247,252 160,393,483
'Deficit,
boosted
said,
expenses
earnings
Increased
1949—6 Mos.—1943
$
$
29,068.906
Working
•
Earnings Off—
j 549—Month—1948
Gross earnings
194.
p.
yet
freight
given
The
rates.
the
to
fact
and
expenses
been
in
revenues
respect of
Oct.
1,
1949,
out of other income of the company.—.
170, p. 299.
on
Capital City Telephone Co., Jefferson City, Mo.—Stock
Offered—
California Electric Power Co.—Definitive Ctfs.—
Definitive
available
of
certificates of
convertible
5.6%
preference
stock
The
are
now
for
exchange for outstanding temporary certificates at eitli°r
the following transfer agents for this stock: The International Trust
Co.,
17th
and
National
California
Trust
and
Sts., Denver 2,
Savings Association,
Angeles 54, Calif.—V. 169,
(The)
California
Offering
p.
Colo., or Bank of
660 South Spring
America
St., Los
2747.
Oregon Power Co.—Common
Oversubscribed—Blyth
&
Stock
Co., Inc. and The
investment banking
which offered publicly on Aug. 10 an issue of
250,000 shares of common stock (par $20) at $23.25 per
group
The
offering
oversubscribed and the syndi¬
was
the
on
same
PURPOSE—The
date.
*
has presently outstanding under its credit
promissory notes, the proceeds of which
were
used in part to finance
its construction program and in part
for reimbursing its treasury for other debt retired.
Prior to Sept. 1, 1949, the company expects to have sold (in addi¬
tion
first
the
to
the
will
cipal
use
of
its
common
stock)
$7,000,000
of
of
aforesaid
promissory
notes;
and
(2)
to
ofr
believes
internal
t,hf>
ample
company
has
(principally
sources
Armiioi
rato
construction
:
not
nf
or
dealers
accorded
provisions
determined
for
depreciation
will
provide
approximately Jan. 1,
the nature or amount
1950.
of any
anmnximatelv
funds until
$860,000).
for
the
the company
resale.
on
cumulative pre¬
This stock will
to an underwriter
of this stock was
stockholders; such prefer¬
will not be sold
in the purchase
and
Preference
company's
terminating
ence
$100)
(par
only by
present
July 31,
preferred
1949.
unsubscribed as of Aug. 1, 1949, was offered
to
the company's
telephone subscribers and the general public re¬
siding in Missouri.
The subscription price is $100 per share.
The net proceeds will be used to retire the outstanding 6%
and
7%
stock
remaining
preferred stock.
Sale of Bonds
Privately—On May 1, 1949 the company
sold
privately $820,000 first mortgage 3%% series A
bonds, due May 1, 1969. Proceeds will be used in cur¬
rent expansion program.
INCOME
COMPARATIVE
STATEMENT
FOR CALENDAR YEARS
1947
1948
Operating
Operating
;
revenue
expense
$414,120
355,862
$306,903
273,416
53,258
33,487
Drl08
-
(including taxes)
Net
operating
Other
income
Total
interest
income
(net)
deductions
247
4
-
finance
construction program.
that funds available from the sale of se'd
stock and bonds of 1979 series, together with amounts avail¬
from
The
not less than $12,000,000.
The company
such net proceeds: (1) to refund the $9,000,000 prin¬
company
the
sold
its
that
1979
the company's said
company
ourfo-tltr
with
the
net
to
common
able
its
shares
250,000
amount
part
The
it
of
mortgage bonds, series due Aug. 1, 1979.
It is expected
proceeds from the sale of said common stock and bonds of
series
in
company
$9,000,000
agreement
stock
be
offered 3,000 shares 4J/2%
to
residents of Missouri.
recently
company
ferred
Any
First Boston Corp. jointly headed an
Tennessee
the Chickamauga
Dam on the Tennessee River above
Delivery is scheduled for August, 1951.
/The company has built or has on order a total of 27
turbines for the
TVA hydroelectric development, including all units
at five of the dams
Chattanooga.
2,407,314
621,213
•
*
UNDERWRITERS—The names of the several underwriters and the
respective number of shares of common stock to be purchased by
Pacific
par).
company
proposes
The
1,329,175
621,218
V
2,566,640
Earnings In the second quarter of the current fiscal
1,504,928
$0.73
cate books closed
1948
.
$71,054,898 $62,257,080
_
SEC
($1
share.
Manufacturing Corp. (& Subs.)—Earnings—
Months Ended
•Earnings
to
provide
trust
and
amount
Pacific
495,532
621,218
1,
(callable)
serie.s
board
Outstanding
$13,500,000
(par $100):
Davis, Skaggs & Co
Walston, Hoffman & Good-
Ended
underwriter.
company's
party to
pursuant
4.70%
Its capital structure consists, in part, of 300,000 shares of the common
stock being registered, of which 11,500 shares were issued and out¬
and
among other things,
to. purchase at a
by formula the common stock of the company
principal stockholder
6 Months
part
contracted,
determined
its
dated
agreement
stock is offered
common
$100 >,
shares
has entered
company
has
company
price
(par
50,000
per
retirement
owned
and
share), of which 37,010Va shares
including 975 shares which are held in
Outstanding,
treasury.
The
stock
capital stock consists of 1,509 sharps
cumulative preferred stock
and
stock
Schwabacher
Ended
PROPOSED
1,
(non-callable)
E.
6 Month
Nov.
(non-callable)
Elworthy
Fed-
corporation
standing
-
part
Ended
a
Ohio National Bank of Colum¬
incorporated in Ohio, July
9, 1921, as Automotive Supply Co. but name was changed to Automotive
farts Co. in December of that year.
Business consist, of the whole¬
sale buying
and selling and the warehousing of replacement parts,
accessories and supplies used in connection with automobiles, trucks
and
2414.
p.
3 Months
per share
169, p. 2634.
1940
at par
year.
HISTORY AND BUSINESS—Company
.
169,
Carpet Co., Inc—Earnings—
shares.
connection
AND
4
Central Republic Co.
California Co
below.—V.
in
Authorized
series due
—
First
varies.
Of¬
$300,000 15-year 4^% sinking fund debentures.
Dated Aug.
7%
H. M.
Borg-Warner Corp.—President of Unit Elected—
Adair, President, in announcing the declaration of the
regular dividend of 25 cents (payable Sept. 1 to holders of record
Aug. 15), said that despite the losses incurred in the first half of
this
after
common
stock
Profit—
J.
production
profit for
Inc.,
taxes
of
with
as
1770.
p.
about
July 2,'49
July 2,'48
July 2,'49
July 2,'43
$14,697,927 $22,057,302 $34,525,386 $42,760,156
The
loans
Airlines,
Bondstock Corp.—Stock
The
notes.
Preferred
$2.17
corporation had a backlog of
Beech, Secretary-Treasurer.-
Ended
income
The
:
the
A.
PRESENT
bonds, series due Aug, 1, 1979
Bateman,
Arkansas
by
the
from
loans
O.
to
Sales
—V.
$3,500,000
$12,500,000
400,000
and Exchange
New York.
2%%
promissory
by
Co.,
immediate loan of $9,500,000 and a possible
in the next year.
The company
an
outstanding
proceeds from
struction
of
$13,000,000
for
the
1949,
Earned
Gas
Louisiana
requested the Securities
Guaranty Trust Co. of
additional
Arkansas
subsidiary,
have
La.,
contemplates
an
presently has
bank.>.-> ■
ficient
its
authorization
from
loans
company
loan
of
The
and
868,800
599,865
r_
3 Months
eral
This
30,
according
Period—
No.
Arkansas Natural Gas Corp.—Unit to Borrow—
756,051
$1.26
on
to
15
3Vb%
1st mtge.
Dean
$15,845,938 $13,184,626
TO
,
The
1948
1949
share—
Bigelow-Sanford
Co.—Again Reduces Common Div.—
holders of record Sept. 1.
This compares with $1 paid on June 15 and $1,50 on March 15, 1949.
Last year, the company distributed four quarterly dividends of $1.50
per share, plus an extra of $2 on Sept. 15.—V. 169, p. 2206.
the
EFFECT
mortgage bonds, series due April
1978, 3 Va %
"The
Sells Eight Beechcrafts—
394.
p,
American Woolen
GIVING
mortgage bonds,
1974
Blyth & Co.,
capital shares——;
per
required
V
1st
'\:vv
profit after income taxes
of
be
may
FINANCING
Common
Corp.—Earnings—
—
Earnings
which
program.
.
486.
p.
1949—4 Wks.—1943
1949—30 Wks.—1948
$2,013,463
$2,364,616 $22,604,556 $23,870,824
sales
Number
50,807,253 107,909,414 100,575,419
55,830,032
170,
Months Ended June 30—
9
18,504,002
13,033,437
2.831,031
2,345,588
income
charges
above.—V.
Corp.
•
Beech Aircraft
$10,000,000
Net
securities
construction
CAPITALIZATION
the
Inc.—Acquisition Completed—
Bemberg
Beck Shoe Corp.—Current Sales Off 1.4.6%—
170, p.
Net
Operating expen es
Operating taxes
of
Name—
1949—6 Mos.—1948
19,138,836 111,077.707 115,169,201
78,445
481,435
401,092
18,455,593
Operating revenues
the
Unallotted
—v.
Co.—Earnings-
1949—Month—1948
controls
Southwestern
Ohio
_________________
American Telephone & Telegraph
Period End. June 30—
ICC authority to absorb two sub¬
through stock ownership. They
RR. which has 937 miles of
asked
8
which B. & O.
Baltimore
Period End. July 30—
Sales
1878.
p.
present 27 major
at
trackage in Ohio, Indiana and Illinois, and the Baltimore & Ohio
Chicago RR., which has 278 miles of track in Illinois and Ohio.
The road proposes to dissolve the two subsidiary companies.—V. 170,
p. 486.
securities sold or exchanged amounting to $298,601
in 1948, $597,514 in 1947 and $937,982 in 1946.
♦Before profit on
in
are
&
$146,507
354,260
Taxes
the
are
18,286
company
sidiary lines,
$196,333
legal
stks.,
There
states.
1st
Expenses in issuing and
expenses, etc.
All other expenses—
Southern
seven
with
issue
1933, TVA embraces 40,600
in May,
Baltimore & Ohio RR.—To Dissolve Two Subsidiaries
$30,956
1949
interest
and
in
Monday, August 15, 1949
additional
_
$6,500
6 Mos. End. June 30—
Cash
the fourth Chickamauga
dams in the system on the 630-mile-long Tennessee River and its five
major tributaries.—V. 170, p. 298.
&
INCOME ACCOUNT
COMPARATIVE
miles
square
CHRONICLE
unit, the last tur¬
under construction in the Baldwin shops.
Besides
«
$2,000,000 American
almost
increased
has
securities
Superpower Corp, holds 1,925,000 common shares of Commonwealth
Southern Corp. and 39,000 shares of United Corp. common stock.
powerhouses.
FINANCIAL
&
bine for Wheeler Dam is now
Created by an Act of Congress
on
$83.13
to
stock.
common
On that basis the net
share from April 1, 1932.
per
and
closing bid prices on June 30, 1949 of $7,290,910,
per preference share, leaving no net assets for the
Since that time, however, the market price of the com¬
based
assets,
amounted
COMMERCIAL
Net
—V.
income
Central Airlines, Inc.—Buys
The
eight
$53,146
$33,734
170, p. 299.
Eight Planes—
corporation on Aug. 9 announced the purchase of a fleet of
Beechcraft Bonanzas for its system of certificated feeder
new
170
Volume
routes
air
Number 4829
THE
in
COMMERCIAL
Texas, Oklahoma and Kansas.
official date for the inauguration of service yet to be
Keith
Kahle, Pres.dent and General Manager, is now
completing arrangements for schedules.
*
Following delivery of the f.rst three Central Bonanza- this week,
Beech Aircraft's production schedule calls for
the completion of the
next
five Central
airplanes within a month.
With a total of eight
four-place, single-engine aircraft, Central Airlines will be making a
accompanied
bid
to
With
the
the
of
record
stock
5
announced
that
the
offer.ng of 25,240
approximately 43.4%.
oversubscribed
wa».
sented
exercise
be
holders
than
and
6,949
sto kholders.
sub criptions
available
—v.
for
17c
The
allocation
supplemental
af
available
shares
averaged'"58.3%.
stockholder.?
by
subscriptions
by
of
r>n
r*c
xt
all
sub-
the
full
such
on
deemed
tax
pay-
other
principal amount thereof.—v.
be
computed
108,
the
on
2o40i-
p.
a
*
w
f
«•
—~~ti—.
.—:
—~—
$199,245
$411,824
$361,532
174,360
$221,176
200,111
'
419,053
—
assets
as
Net
value
asset
""d-dcit.
)
...
$24,885
22,575
In
bankruptcy since July 1, 1939, the road once again is headed
to corporate management as the
result of a plan of financial
napproved recently by its security holders.
All classes of security holders approved the plan which was formulated
by the railroad's board of directors under terms of the
share
per
-$7,223
46,882
*$3,053
Crl4,759
25,683,934
1,824,515
30
or
1,783,863
$12.37
$14.39
_____;
loss
sales of investment.—v.
on
enacted last
by the icc's
The
the
on
required by
nanciaily-troubied
out
under
the
the
pinssps
snmp
the
various
classes
Federal
is
laws
for
of
01
new
New
often
be
the
railroad
first
„
modify its financial structure under terms of the Mahaffie Act
eliminating any class of security
railroad was forced into bankruptcy in 1939 because of its inability during the depression years to pay in full the heavy taxes
levied annually by the State of New Jersey on railroads.
It has since
no
of
epttled
th
w
(he
bankruptcy
In
State
and
npnaltips
that
Officer
developments
e.
Moore
t.
the
on
said
that
will
be
board
railroad's
charter
the
to
documents
and
its
will
meet
to
amendments
approve
general mortgage together with
the
effect
to
necessary
directors
of
plan
modification.
of
sv,
rr
o
.
.
beard
directors
of
dplive-v
nf
certain
will
meet
dnpumentc
again
the
authorize
to
pnmn'ptp
tn
npppssarv
spcurities
Present
of
af provided
special
meeting
enrocration
of
w:ll
to?plan
thp
for in
stockholders
the
be
will
for
exchanged
be
held
elect
to
p
new
b°RHefiv ^hf pmn of modi.icai.ion approved by thf ^rnritv' holders
nanfpmorimea^?nnillnnroverinhvf the security
Briefly the
mhf1«rtnfftnci
principal
The
?f,rhed
turbed
but
3 !\ %.
to
will
in
be
the
The
stock
share
will
be
entire
in
a
in
the
stock.
of
$10,739,925
represent
from
274,368 shares to
being set at
$50
compensation for
toe
approximately
year's delinquent interest
will
retain
the
1945,
of
out
earnings,
the
to
general
on
July
and
application
1949.
1,
50%
uon lo ouosiaidry
(3)
is
of
in
made
available
will
be
Co.,
have
plan
of
to
of
existing
the
securities
bondholders
and
for
toe
under
new
stockholders
$1,000
each
4%
bond
due
1.72 shares of
share
toe
of
the
Holders
(a)
toe
general
July
of
mortgage
1987;
1,
class a
stock;
bond:
$180
gen-
3v4%
$1,000
a
face
in
value
share
One
interest
class
of
b
stock
of
will
rank
period
of
class
of
six
will
stock
a
of
directors,
five
elect
to
(b)
be
following
years
entitled
to
elect
of
date
which
on
four
plan
the
members
stock
b
will
during
serve
is
be
the
into
put
If,
following the expiration of the six-year period, any interest
remain outstanding, holders of class a stock w 11 be enfive
elect
class b stock will
members
of
board
toe
of
directors
be
treated
holders
and
Harris
preferred
Central
c
i
1
as
class.—v.
single
a
Pursuant
District
i
170,
the
order
an
Such
be made
at
Virginia
accrued
the
retirement
of
of
ljl>_
.
^
latter
'48
July 30
'49 July 23
834*606
$95 378 047
'
the
has
unpaid
u.
of
been
s.
District
Court
the
for
16,
1949,
Bank
upon
&
to
The
Seaboard
and
Corp.
Gas
Amere
Co.,
legend
New
that
the
and
5%
5¥2,%
York,
evidencing
of
n.
such
has
include:
il)
of
given
interested
The
subsidiaries.
Seaboard's capital
of Seaboard's
increase
of
persons
until
19
Aug.
income
to
request
q.q
1q4n
rm
1949—6 Mos.—1948
be
The
amount
Commercial
William
Dana
offices:
135
as
$300
per
Financial
debenture
Chronicle
d.
111.
s.
Union,
On
La
President:
(Reg.
William
*ote:
Seibert,
$1,000
Chicago 3,
second-class matter February 25, 1942,
American
,.
and
of
Salle
$35 00
account
of
St.,
per
toe
year;
in
at
u.
In
Miscell,
for
_
of
,
j.389,172
1,296,322
2,818,197
789,978
,
1,636>095
r
or7ft
H'qck
deducs,
,
60,855
„ir,,
Patent
expenses
Federal & ether taxesl
Int. & other fixed chgs.
n1_
$3,951,015
223,445
121,084
3,463,846
4,624,411
j,674,101
,70,n,c
3,516,594
l,581,42o
4.4
16,462,626
4-742,181
co1
aao
noi
105,772
w
3,396,036
nxa
nao
nn'?oi
v
80,181
242,815
(10
„0q
$4,392,249 $12,^53,577 $12,799,670
j
'
,
274,920
204,845
•
.
513,011
287,563
1,053,692
.$2,381,155
$2,858,792
571,833
380,290
v;■
.
1,220,331
(net)
22,012,083
3,706,616
'■
.
Administrative
"ex"
must
of
2,279,612
-
1,764,851
——'
Consolidated
be
Office)
$38.00
common
will
be
,
.
,
stock
applied
No
program
,
,
and
additional
,
debentures
toward
financing.
financing
is
492
p.
of
Tr
Wlliara,
Jr.,
Npw
Of
vork-
New
hoc
York,
announcement
an
has
servpd
York
for
a
short-term
in
the
number
notes
169
has
by a.
hoon
oiapfp^
been
e.
v(pp
o
elected
Duncan,
Vice-
a
Chairman
of
rmrmnnv'c
of
the
years
tionk
primarily
t?p1ph„t,c,
in
o?
charge
banks®
with
company
plactog
insurance
commercial
com-
markS
paper
2640
p.
^
~
,
Commonwealth LdlSOn Co.—Weekly Output—
Eloetricity output of Commonwealth Edison Company and associated
excluding
sales
to
other
electric
utilities,
for
the
week
em°d_""
o„
l^fnoo
week
past
% + 1.5
c!'an8e
July
30
212,157,000
221,479,000
July
23
216,364,000
217',132',000
—0~.4
July
16
206,198,000
212,089,000
-2.8
208,969,000
214 710 000
-■
.tv+ 3
2
consolidated income account
1949 6 Mos.—1948
1949—12 Mos.—1948
j
$
$
j
$
Period End. June 30
-
_
n
Operating revenues
126,128,933 119,457,820 244,783,393 228,290,715
Operation
Electric production fuel
r 1 ^ operation
23,409,842
Federal income
22,992,022
47,810,189' 43 634.583
35,669,637
34,969,924
-7.3.473,316
7,868,448
17,362,854
15,886,477
14.478,119
30.402,396
27,713.378
8,182,542
69,258,829
misc.
Federal taxes
15,509,893
taxes
10,770,100
9,512,200
18,002,500
17.076.000
11,771,949
Frov. for depreciation..
Amort, of addit. cost of
utility plant
11,117,278
22,658,116
21,678,900
239,048
239,048
478.095
20,814,970
454,520
18,280,781
34,834,974
32,564.448
521,182
1,478,905
1^595,428
21,269,490
18,801,963
34,159.876
4,980,532
4,514,061
36,313,879
10,093,560
income..
16,288,958
14,237,902
26,220,319
24,788.960
common..
$1.19
$1.04
$1.91
:
net oper
jncome
income
Gross income
Consol.
William
per
—v.
net
share
170,
on
p.
net
inc.
$9,173,391 $10,082,696
per
year.
exchange, remittance
9,370,916
'
$1.81
492.
-
,
&
Southern
,
.
,
.a,
,
401, as compared with 306,^42,678 for toe corresponding week in 1948,
an increase of 6,943,723. or 2.21 ,o.
■:; t'v'+tftt-t;;!"/
Pnmrnnn
<ltnnlrhnl/w<s
ftoaakra
nhia
'rx
v^ujuinuxi oiucKXiuiaers iteceive ulllo uiqlson l,0. l»ata
Walter h. Sammis, President of Ohio Edison Co., on Aug. 8 sent
a circular letter to the 130,000 common stockholders of The Commonwealth & Southern Corp., which is designed to acquaint the
stockholders with the property and business of Ohio Edison, whose
common stock will be distributed to the common stockholders of
Commonwealth oil Oct. 1 as part of the Commonwealth plan of
dissolution.
.
.
For each share of Commonwealth & Southern common stock, each
common stockholder is to receive 6/lOOths of a share of Ohio Edison
common stock and 35/100ths of a share of common stock of The
Southern Co.
v
•
,.
i lVH. Sammis^in his letter states in. part:
:
"Dividends have been paid on Ohio Edison's common stock during
each year since organization of the company 19 years ago.
Since
June, 4946, quarterly dividends of 50 cents per share, or at the
annual rate of $2, have been paid on the last day of March, June,
September and December. The common stock of the company: is
listed on the New York and Cleveland Stock Exchanges.
During
£ .jl
seven months of 1949 the price has ranged from $27.50
f3 ipe^ s ?re'
a return of from 7.27% to 6.06% at the
$2 dividend rate.
.
•
.
"Ohio
and
Edison
Co.
does
business
in
Akron,
Youngstown,
Springfield,
surrounding
Pennsylvania
business'in
areas,
and owns all of the common stock of the
Power Co., an operating electric utility company doing
western Pennsylvania.
The properties of the two com-
panies are adjacent and are interconnected at the State line and
constitute what is commonly known as the Ohio Edison System,
,
»net income of the system for the 12 months ended June 30,
available for common stock dividends^ was $6,648,835,
Fhare,
compared
with
$6,404,5^4,
or
$2.80
for
the
or
year
1949,
$2.91
1948,
per
based
on the 2,283,990 shares of common stock presently outstanding,
About 96/<> of the gross revenue came from the electric business,
from steamheat and miscellaneous business,-
and 4%
"Our business
tricity
increased
continues to
4.5/i.',
grow.
number' of
Kilowatt-hour
electric
customers
sales
3%
of
elec-
and
gross
5.87. for the.first.si. months of 1949 as compared with
the similar_ period of 1948. The year 1948 was an all-time high year.
:
'To ..meet the increased demands for service and to provide for
future needs, the system has a construction program under way
calling for expenditures; of $17,750,000 in Ohio and $2,680,000 in
Pennsylvania during 1949.
These 1949 requirements have been financed.
Since last November 67,000 kilowatts of new generating
revenues
Company,
for foreign
•
,
^
Publishers, 25 Park Place, New York 8, n. y.,1 REctor 2-9570.
Herbert d. Seibert, Editor and Publisher;
week [every Thursday (general news and advertising issue)
with a statistical issue on MonaayJ.
Other
London, rE. c-, England, c/o Edwards & Smith.
Copyright 1949 by William b Dana Company
Reentered
Act of March 3. 1879.
Subscriptions in United States, U. S. Possessions, Territories and Members of Pan*
Other Countries, $42.00 per year.
; •
v
t,
% '
"
a
b.' Dana
,
Corp.—Weekly Output—
tbf weekly kilowatt-hour output of electric energy of tob3idiaries
.'jb's corporation adjusted to show general business conditions of
^rr:ttory served for the week enden Aug. 4, 1949, amounted to 313,2o6 -
Manager.
Published twice a
State 0613);
1 Drapers' Gardens,
office at New York, N. Y.. under the
Canada,
rates
?ncome
income
Bal. ^pplic. to corp n,
Business
the post
the
>•-_
7,378j214
w32.060
8,706,529
2,00o.331 ' 1,957.851
~~*7m
(Telephone
Dominion
fluctuations
s.
-----—
25,412,618
15,045,496
IheColumbi^ gax System, Inc.
and
Riggs,
7,394.783
—:
_
per
$1,000 principal amount of debentures) on Aug. 17,
that the debentures shall continue to be dealt in "flat"; and
to be a delivery in settlement of transactions made beginning
Wednesday, Aug. 17, 1949, must be stamped with legends evidencing paythe
9,720,314
purchased
income
Davment
quoted
*
.
Federal income taxes__
ot.her taxes than Fed.
te ^
debentures
a
account
"
1949—3 Mos.—1948
\°\ depr- f depl.
($100
in
Willard
according to
contribution to Seaboard
3'/4% installment promis$12,325,000 would be avail-
programs
,
Maintenance
Eastern
y.,
the
„
Wil'ard
New
a™™"!
Aug.
6
three
Utilities
Virginia
$6,000,000 of
proceeds
.
Gas
presentation of the debentures
Trust
s-DDrouriatc
ai
.
r ^ ??uf!lcom*
^
w' f
sales of
th„
from
construction
Deductions (net)i
Gross revs. & other inc. $27,491,431 $27,307,534 $67,575,460 $66,675,588
in
DIStriDUllOn
1949;
ments
frnm
...
,
„
196? debentures due au^ust- 1974- at
ended Aug. 6 showed a 1.5% increase over toe corresponding
a year as°- Following are toe kilowatthour output totals of the
four weeks and percentage comparisons with 1948:
Capital Distribu-
company,
capital
cash
a
consolidated
!
designated
as
being applicable to
due on such debentures, and will
interest
Hanover
thereon
ruled
s
.
Other
par),
in-
stock
"nictrihntinn
1u /o
z?w tb.^ccsm p«e^^pon 'lses
10,%
'48
NTntnc
and
Corp.,
construction
Period End. June 30—
1(1%
Gorp.
of
^
■
nnrri
.
30 Weeks Ended
July 23
Atlantic
the
make
to
latter.
the
proposals
sec
Operation
of
beginning Aug.
Exchange
plant
Maintenance
state, local and
.
all
of
series
two
dated
payment
and
Central
stamr>in<y
.
—v.
pur-
,
July 20, 1s49, the trustees of this corporation will pay to the holdefs of the 5%
debentures, due Jan. 1, 1948
and
the
holders
to
of
the
optional
5v2%
debentures,
series
due
Sept. 15, 1954
$100 for each $1,000 principal amount of said debentures.
cost
the Board
toe
a
registrar
491.
p.
Corn
*-ieciric
j
Holders—
to
of
Electrin
sta+e*
tt
-
As
were
Subsidiary companies:
Debenture
ni.nf,pp,i<.
.
Commercial Credit Co.—new Vice-President—
22,871
hearing.
;
The Guaranty Trust Co. of New York is trustee, paying agent and
for $13,000,000 oi 3% debentures due August, 1974, which
were issued on Aug. 2,
1949 ( ee v. 170, p. 395).
of
be entitled to elect four members of the board.
Upon expiration of the six-year period or the
certificates, whichever occurs later, the
terest
will
of
pnrnhncn
to purchase
of the
finance
($25
The
certificates
to
for
Bronze.
and the exchange by Seaboard of 5 shares of Amere's
capital stock for 46.800 shares of the new,
contribution of $986,000 by Seaboard to distribution by surrender of distribution's 6%
income demand loans and
the purchase of $150,000 of distribution's 3'/4% installment promissory
notes; (5) the increase of distribution's capital stock to 60,000 shares
of common stock ($25 par) and the exchange by Seaboard of 10 shares,
of distribution's presently outstanding common stock for 44,000 shares
of the new stock; and (6) the purchase by Seaboard of $3,750,000
of 3y4% notes of Transmission.
stock
:
effect.
titled
exchange
in
Graphite
presently outstanding
stoqk;
(4)
a
capital
com-
equally in all respects
and holders of class
the new board to
members
*7no
cn1,
s
iLercs't
comnleted
by Seaboard to Amere of $721,000 by surrender of Amere's 6% income
demand notes and purchase of $300,000 of Amere's 3'a% notes; (3)
toe increase of. Amerd's capital stock to
100,000 shares of common
cer-
stock, and $40 in cash.
common
common
classes
two
board
new
entitled
was
stock to 800,000 shares of common stock ($25 par), and the exchange
by Columbia of 50,000 shares of Seaboard's present ($10 par) common
stock for 520,000 shares of the new stock; (2) % capital contribution
plan
except^
of
w®
„nrn
me net proceeds
LeBaron
as of
May 1.
80%- of the pre-
v. 170, p. j9o.
Distribution
proposes
of $6,325,000 and
receive:
will
general mortgage bond: a $1,000 3j/4%
bond due July 1, 1987; $225 in face value intreest
four shares of class a common stock, and $50 in cash.
mortgage
Shares
is
Commonwealth
Columbia
stock.
mon
toe
in
Gas Transmission
requested sec authorization for various transactions by toe
Further
each
npt
-
^
'
companies.
income
the
net
ex
.
w ruiciidbe i\oie5
Virginia Gas
each $1,000 5%
For
impact
sever
194
d
'49
subsidiary,
Co.,
certificates
These
its
company,
notes
For
board,
occurred
Co
and
'
Tn
toe
for
mortgage
(2)
,,
contemplated this year.—v. 170
the company had in operation 37o stores, com-
wholly-owned subsidiaries
bonds
asS! areof^liwe vs
whose
.
annual^
thp
consolidated
,
toe
for
issued
mortgage
provision
of
be
Amer-
l_
to
exchange
general
shares
v- il{j>
qnhcirlii™
The plan also provides a sinking fund for retirement of
bonds after all interest certificates have been rewhich will gradually reduce the annual fixed charges of
certificates;
Products
Columbia Gas System, Inc.—To Make
able
tificates;
this
jjt"*
companies,
a
softening
shares)
(2,4c0
170
'
sory
(1) For
eral
of the
manufacturers,"-
car
$11 719 357 $12 288 418 $94
The
will
include
not
financing
il mmlth?/ in?asf?
1° p+er
nhmit
n?
i^<s
v,°
° stock¬
%
1-345,300 shares offered for sub¬
-
scrintfon
total of 666,711 common shares issued and
a
30—v
pared with 385 a year earlier.
present
v.
durintmlanrt
fvl0
ChSlrman
were acquired
of Cleveland
remaining
June
i i'i:
step
modification
The
"
mortgage
Upon
shares
10 du11k -3u-
z
railroad.
of
marked
Harris
the
stock
shares)
sa]ec
•
certificates
interest
1,
for
purpose.
h-
04()___
holders
$1.73
4 Weeks Ended
toe
of
40%
do
The corporate charter of
repe^led and lts former assets
Federal Bankruptcy Act. Trustees
321.920
$3.15
„.0_
Hopkins,
a
Julv 30
general mortgage bonds,
on
will be paid in cash.
interest
delinquent
Jan.
only
of
stock
stockholders
Present
643 840
10.0
Colonial btores, Inc.—Current bales Declined 4.oo%—
from
statements
hivl ok! hl
Stock
bearing
of
modification
the
will
620,095
.
As
-
in
,
$1.61
tvlq
time
common
commofi
Drior to
c"abea
represent
Non-interest
this
chased
$802,892
of
fn_
fame
(1,437
outstanding.
bonds
general mortgage bonds, holders cf the bends
shares of stock which will be designated
which
amounting to $2,386,650,
general
tired, a
$100.
reduction
a
the
^sult, the latter now has
and
the
183 547 new
the company, one
payable
present
d
4
on
stock
income
z"1*
hankrimtpv
mr
1946
2,080,116
$2.36
_rnfu
durthase
issued
which will be classi.ied as class,b stock and
approximately 60% of the entire Issue of stock.
time existing securities are exchanged for new securities ol
will
period
par
the
and
of
shares
which
toe
of
interest
stock
issue
274,368
At
with
given the
class
as
be increased
value of all
company
frnm
from
charges
interest
to
tvlp
harrjs
forred
consolidated
Kentucky Drilling Co
of
1,089,888
643,840
666,711
share__
«at
the
.
h
_
1947
al1 of our customers except the motor
newly
b°nds
mortgage
shall
annual
ol
hnnric
mnrtfrciop
general
$1,583,758,
charges of the railroad.
instead
reduction
frnnprci
in
,ahnqns be reduced
hi redfpeprt
them
on
in
nnn
$48,731,000
$2.386 650
the
of
711
the
aggregate
from
shares
457,915
per
of
mt^re..t
toe
Tnus
reduced
annual fixed
the
nf
amount
outstdg.
nf
'firm-s
jhi
~~~~
,
panies and other corporate investors in the
during May, the Harris accounts being
holders
,
'
c°" °£ itsl subsidiaries.
$^,41,152
first quarter to
$6,651,368 in the second quarter.
Under these circumstances it has
been necessary t0 make proportionate reductions in our working forces
°,^her areas of expsnse in order to preserve our sound financial
new
a
was
™adrkshi°r'mmous' bf'the
and 0ther revenues declined from $9,040,968 in the
rporean-
modification.
of
1948
James l. Myers, President.
,.ln the second quarter the recession began to have
certain documents necessary to comp.ete toe reo ga
securities
1949
1,621,447
com.
on nearly
they s,ai(j
execution
thp
.
note—The
.
share for tlic
$15,567,655 $13,497,171 $18,159,490 $12,349,630
r-,,
$1 17
share
common
^
and
^.
which has had jurisdiction
rmirt
otatinn
a
,
,
zichcour*' at
257,165
$1.44
*»
IM quarter, aecordtag to Ben P
tinn-^irrimr
nrnnprti^^frnm
nnnntntlff^rfitst^p
transferring^ all rai.read properties from couit-appointed Trust
The'
and
amendments.
ni
p
tia
•
$1.94
i_«i.
shares
ahnnt
»£!?'J? '°r the PUrP°Se 01 approVln8 the Charter
nrripr
order
j
Earns, per
$1 00
3 168 480'
i
ar><,
taxes
Common
other
stock-
The
257,165
$0.43
profit after charges
and
railroad's
257,165
,
sales
Net
taken:
The
..
6 Mcs. End. June 30—
net
per
the. current
$370,686
Cleveland Graphite Bronze Co.—Earnings—
officially ended and the plan put into effect, it is anticipated the
following steps-all of whicn are expected to be completed by fall-
earnings
f
President,
is
$14,352,259
'
amounted to about $22,972,000 and
.
plan of modification,
before toe bankruptcy
$13,060,698
$502,054
income ior the six months endec. June 30, 1949
?.r
p/nr.u
,rrc
$158,942 or 62 cents per
first half of 1948.—v. 170, p. igo.
caused
1
the latest
Executive
claims
tax
ior dack tax claims and penalties tnat caiioea
action.
announcing
Chief
hack
for
4.376 493
!
.
1949—12 Mos.—1948
s?09 948
$0.56
shares.
c
„
86l|oi3
(net)
;
income—:
„
'
1949—3 Mos.—1s48
.hare
per
1,085,750
0 ,silares. of common stock outstanding
(^elusive of 1,040,302 shares sold during May and June, 1949).
^net
$143 885
257,165
*—
common
Earned
The
1,016,243
634,316
t»uti4^slm
.
,
net income
without
^etiiea w.tn ine
the
$7,500,000 purchase
a
Citizens Utilities Co.—Earnings—
Jersey will be Lhe first railroad in bank.up.cy
to
_
?erlod end" june 30~
bank-un*cv
in
on
'
;
jventuuiy urmmg 00, wnose assets are of little value.
The proceeds will be used in connection with
of freight equipment.-v. 170, p. 492.
to
,
will
jer*ev
rr.—Bids
1964.-
each
permit fifinancial structures withlaws.
Reorganizations efmeant
the
wiping out of
bankruptcy
bankruptcy
75%
the
designed
Pacific
&
,
,
.
Paul
.equipment issue
.the company will receive bids up to noon (cdt) Aug. 24 at its
office in Chicago for the purchase from it of $5,640,000 equipment
trust certificates due $188,000 seme-annually March. 1, 1950—Sept. 1,
stock
and
bond
of
above
far
was
.
cpn.ritip«
nf
the^ Central
Centra?
The
by
modification
the Mahaffie Act, which
railroads to modify their
to
recourse
fected
_
year,
approval
plan of
class
'Consolidated
h",h
St.
net
$19,467,502
System, Inc.:
'
:
Chicago Milwaukee
Gas
expenses
Consolidated
377i57o
cr27h093
—
,
toy corporat:on_„„l.__.. $19,087,750
Interest and other fined charges
1776.
p.
and the plan has been made effective
authorization entered on July 27, 1949.
order of
for
vote
holders
The Columbia
Administrative
169,
back
modificatio
$19 845 072
Federal and other taxes
Cr86,504
22,583,823
June
tExclusive of gain
Balance applicable
'
'
June 30
at
6,210,554
$18 816 657
income
370,585
_—
$21,065
6,587,448
,
1949—6 Mos.—1948
$494,538
$428,453
82,714
76,921
Number of capital shares outstanding
Keaay to It-merge irom
.
net
5.619,173
l^arnin^s
1949—3 Mos.—1948
*$257,907
$242,048
36,731
42,803
income
™
8,140,332
2'tnhi9
Miscellaneous incom7ye¥uvtionszz-iri"zi~"r
pomirfle
—
30,495,960
_______________
in^nl
tovptthpn
Gross
fntifh
29,426,897
———
er taxes than Federal income
•
months
muninb ended
foroo-s'?22
depletion
8,274,175
provisioa
transfer
to
12
$121,042,305 $115,677,2o0
—^5,939,689
38,954,471
—
mnintpnvnrp"
Federal
are
for
inrome
ot"er income
operation
and
debentures
other
revenues
ri<=
fpfwni
such
account
tttotT™
June jo
®
rmrjhacpri
gr0
Commission
the
income
cllhclat.pV
pur-
Dividends
Surplus
consolidated
v
tax
were
stockholders.
than
Bankruptcy—-
Mahaffie Act
'
v-vy
,.n
others
r,
and
transfer
Loss on sales of invests.
»i>
kil. l^o. ol isew jersey
1942,
Federal
—
Total
i
l^enirai
15,
.
and
'
395
n.
.
commission
Period End. June 30—
Total income
Expenses
Total
shares
no
for
in
shares
supplemental
to
and
redeemed
20%
rhp,«inoi
shares, of which 19,529 shares reprtpreemptive lights by stockholders and employee
represented supplemental ouscriptions of stockrepresented supplemental subscriptions of otners
of
9,714
March
,
poses, and hereafter
able on transactions
subscriptions aggregated*26,192
subscript.ons;
and
being on account of the accrued and unpaid interest due
debentures.
Accordingly, such debentures will no longer be
current.y operating thr largest fleet of such type
use
by scheduled certificated air feeder iines in
Aug.
company
common
1942
as
Central Ohio Light & Power Co.—Stk. Oversubscribed
The
1,
has been directed to the fact that the two payments of
10%
each, previously distributed to holders of the above debentures
and previously provisionally designated as being on account of the
principal amount of such debentures, have now been redesignated
basis
of
July
Attention
of
in
eou.pment
u. s.
the
the
sequent coupons.
determined,
lor
by
£ FINANCIAL CHRONICLE
subscriptions and advertisements must be made in New York funds.
4
COMMERCIAL
THE
(592)
more are scheduled
an additional 85,000
capacity have been installed, 120,000 kilowatts
to
go into use within the next six months, and
kilowatts in the fall of 1951."-
Consolidated
In
Maryland
of
The
wealth
Southern
&
dissolution,
order
and
to
business
Georgia
Co.,
Aug. 10, said, in part:
the common stocks of Alabama Power
Co. owns all of
"The Southern
Mississippi Power Co.,
Ca., Gull Power Co., and
electric operating companies.
Power
all of which are
power
generating facilities include a substantial amount of
generating caparity.
Steam plants in Florida and Mississippi
gas supplied under long-term contracts and natural gas
is purchased on an hue. ruptiblc fca-ns for several large steam plants
in
Alabama
and
Georgia.
Coal from owned coal mines supplies a
natural
of other steam plants.
four operating subsidiaries of The Southern Co. supply electric
throughout an area ui
about 94,000 square miles to some
direct customers and serve indirectly, through other distribut¬
*
"The
service
840,000
ing
Operating
"The
output
e!e tricity of this system for the year 1948 was
1940 output.
The number of customers served
of
the
double
than
more
aaditiunal 350,00j customers.
an
at
June
30,
of
1940.
In
exceeded
1949,
order to
keep
the number served at the end
the rapidly growing demand for
90$
by
with
pi^e
ol modern steam generating capacity
The Southern Co, during the period
1941-1948 and an sddili-nal (.00,000 kilowatts is in process of installa¬
tion and is expected to be completed by the end of 1951.
Furthermore,
additions to two ol the existing hydro plunts and the construction of
a new hydro plant are now in progress.
electric power, 570,000 kiiow aits
was
installed on the system of
"The consolidated earnings
for
the
share
months ended
12
Co. and its subsidiaries
1949, were equivalent to $1.13 per
The Southern
ol
30,
J..ne
12,020,600 shares ol
the
on
of
$72,058,310 $67,306,640
10,<>u6,720
48,304,485
45,376,55d
1,210,568
5,223,597
5,304,164
2,439,767
9,996,680
8,691,791
stock.
common
$2,386,896
139,564
181,433
income
Gross
5o5,204
634,8.3
per
"Based
stock
$9,116,752
1,986,709
$8,544,161
2,090,505
$1,917,985
income
'Earns,
$2,568,329
636,984
$1,931,345
£7,130.043
$4.44
$1.38
$1.21
share-
com.
on
shares outstanding
average
dividends,—V. 170,
providing
after
preferred
lor
authority
The
to consolidate its tnrte routes into one.
consolidation makes pos .b e improved service and
this
to
Board
corporat.on
said
economies.—V.
167,
Counsel
this
of
thereafter
corporation
devote
his
time
to
of
the
New
on
Oct.
1,
succeed
his
to
James
duties
revenue
22,479,347
—
10,944,2*5
Operating expenses——
Prov.
for
depreciation
of
Amortiz. of plant
adjustments
)
Federal
Income
4,253,909
(21,501,288
4 455,609
20 341,152
(27,019,374
4,310,.21
{
Burney Braly, foimerly General Attorney for Continental, with offices
at Fort Worth, Texas, has been appointed Associate General Counsel,
also
effective
Oct.
$3,723,175 $56,391,550 $53,097,304
$4,631,011
debt
long-term
1,
1949.—V.
1,222,999
15,283,092
14,603,085
(Cr)—
62,579
126,571
67,599
108,464
755,496
1,517,463
771,690
638,479
on
pfd. stosk
of subsidiaries *
744,353
703,377
9,138,090
8,441,596
Other
.i.e.
The
Pittsburgh, Pa.—Awarded
Contract—
new
deductions
>
pneumatic system.
Minor,
__
—
Dividend
o NOTE— (li
>the
154,521
158,979
1,964,669
1,631,685
30,767,665
27,883,913
at June
arrears
of $17
1949,
30,
share or.
Series
per
outstanding shares of the corporation's preferred stock $6.
(not
W.
on
amount to $23,497,187.
including fractional scrip)
(21 Consolidated net i:.co.ne ior the 12 months ended June 30, 1949
includes $721,023 representing t e net income of Southern Indiana Gas
& Electric Co, for the six
no ;t is ended Dec.
31, 1943.
Consolidated
net income for the 12 month
ended June 30, 1948 includes $586,996
t'v Carolina Power Co. for the 10 months
representing net income of So
ended
20,510,000
49,380,000
33,250,000
30,565,532
29,736.910
61,545.385
57,447,173
12,590,000
7,500.000
25,000,000
15,000,000
82,294
82,294
82,294
£2,294
2,021,660
(net)__
Gen.
Motors
common
_____
batch,
Glass
well
as
all
as
materi¬
raw
all
on
President
Aug.
announced
8
Inc.,
of
Chicago,
the
wholly
owned____
to
companies'
of
Mibcell. other income___
2,278,216
710,000
2,100,000
1,440,000
43,225,170
37,615,756
86,806,495
73,111,127
for
excess,
handle
products.
corporation
and oi Fresh'nd-Aire
appointment
of
Dancer-Fitzgeraldthe trade and consumer advertising
These
include
fans,
coffee
became
circulators,
air
lock
production
under the
Chairman
made
policies
instituted
the
as
chief
by
Paul
V.
fartielus
officer
executive
the
of
Wright Corp. last April,
30,
the
1949,
Curtiss
Wright
Corp.
had
backlog
a
of
At the present time the company
is
reported to be producing more than half of the military and com¬
mercial requirements for aircraft
propellers, including the giant blades
for
the huge B36 bombers and many of the big commercial transports
operating in domestic and international services.
for
some
collateral
resources
for
means
bringing greater stability of earnings into aviation manufac¬
of
June
Carolina
in
Power
Southern
1949.—V.
Co.
170, p.
d
was
Indiana
s
Gas
cd
o
&
in
of
Electric
May,
Co.
and
1948,
disposed
v/as
the investment
of
in
January,
$
52,000,000
32,500,000
8,261,055
5,732,480
the
production
non-aviation
of
products
as
a
Although no
information
in
this
respect
has
been
made
the selection of Mr. Hurley to head up the manufacturing
divisions of the Curtiss Wright organization would indicate an im¬
portant step forward in this direction.—V.
170,
stock
fered—The
Alexandria,
Va.—Stock
Of¬
Guardian
Securities Corp., New York,
Co., Martinsville, Va., are offering
6% cumulative convertible preferred
First
and John W. Yeaman
100,000 shares of
stock at par
Convertible
issued
to
share
one
aft-r
d^te
o*
i
to common stock of par
sue
be '<? of two shares
on
preferred stock.
and Transfer A'ent
Registrar
.
months
share
of
stock
common
for
each
of
States
Corporation
160
Co.,
Broadway, New York 7, New York.
HISTORY
and
AND
company was domesticated hi the
been doing business in sa d Slate.
State
of Virginia
June
wholly-owned
subsidiary
of
fiscal
agreement
with
agency
$25,000
rate
to
the
of 6%
from June
company,
per
of
denced
by
the
whereby
company
to
loan
be
repaid
it
with
:n two equal installments, 60 days and 90 days
As rdditiorsl consideration for the loan the com¬
pay
the payment of th® <"e shall be repaid out of the
first proceeds
the public sale of sto"k should the same be received
prior to the
due dates of the loan and fee.
of
CAPITALIZATION—Company 's authorized to
of
tock
common
$3).
(par
PURPOSE—The
100.090
shares of
1,250,000
shares
preferred stock
the
use
working
proceeds
may
from
will
time
used
he
time
to
in
such
determine
manner
to
be
for
as
the
the
best
Among the purposes generally contemplated
proceeds ire as fellows; (a) To provide additional
for
exran-fon
expansion
of
additional
capital
of
product'on
fer
sales
sale
the
company's products.
company's products,
(c) To
the
of
the
of
and
marketing
of
any
Sales
s_
V.
company
Au-
on
announced
that
electricity for the week ended Aug. 7, 1949,
kwh., compared with 188.190.000 kwh. for
stock
of
last
Local
cubic
of
an
increase
distribution of
the
of
year,
feet,
compared
($1,125
preceding
year,
Consolidated
'
a
,v>-
quarterly)
stock
Common
at
.875
ASSETS—Cash,
decrease
3.8%.—V.
170,
p.
.:
692,700.000
same
week
492,
Gas
tors
due
1968,
will
be
iuery in e*:
-e for tomP°rary
fVZ' J
'""^au-es ^iU be made at
--Inco.pc rated, New York.—V.
1
'
169;
p.
2^17.
ready
on
and
after
debentures of the $30
J. P. Mcrgan & Co.
another
Elmira
in
the
which
New
will
Corp.
awarded
Calvin
the
latest
an
in
$417,175;
cash,
in
On
30,
Total
net
market
at
assets
of
quotations
funds
held
and
140;
June
30,
This
two
have
directors
third
on
Aug.
quarter
record
of
the
1949,
30,
the
the
to
capital
June
cor¬
stock
from
1949,
there
increase in
than
during
was
was
made
1949,
20,
1894.
now
are
Its
shares
owned
accoranig
on
Dec.
disbursed.—V.
a
dividend
payable
1949.
10,
166,
Sept.
The
10
Gross
f :
from
from
ry.
railway.—.
railway
oper.
income...
1949
of
10,
pievious
1947,
are
issued
over
by
*
from
from
Net
ry.
—V.
railway
railway
oper.
170,
p.
income
104.
of
provision
lor
$421,227,890;
taxe-
on
$24,979,180
$5,367,336;
pension trusts.
total,
class
in¬
bonus
bonus
B
pensions, exclusive
$35,442,653; reserve
reserve
for
excessive
$1,680,342,334,
will
consolidate
its
single industrial unit,
a
plastics and
effective
being
are
Oct.
combined
ammonia
depart¬
1.
because
their
activities
and more inter-related and inter-dependent.
For
of, important products
offered by
the plastics
manufactured wholly or in part by the ammonia de¬
the company said.—V. 170, p. 493.
more
number
a
are
Duluth South Shore & Atlantic
Ry.—Earnings—
1949
Net
ry.
*28,964
*24,431
82,333
45,776
*60,894
2,739,862
3,094,980
2,537,143
1,932,986
railway,-.
from
ry.
$291,336
76.716
income
146,985
568,806
339,048
437,077
88,502
207,496
*97,629
Jan.
from
Net
1946
$426,250
98,267
railway
oper.
From
1947
$518,581
7,369
railway
railway
1948
$449,204
from
from
1—
income
oper.
170,
*98,796
104.
p.
Duluth Winnipeg & Pacific Ry.—Earnings—
June—
1946
1949
from
from
Gross
1648
1947
$248,000
$303,000
$253,300
"9.526
45.133
40,493
*10,585
♦52,440
5,466
*9,709
*46,292
1,639,700
2,281,800
1,756,100
1,282,100
120,584
609,268
438,624
138,953
*196,173
134,890
88,564
*137,025
railway
railway—:—
income.
oper.
from
Net
from
Net
ry.
15
cents
1S49
$173,600
income—
170, p. 104.
Eastern States Corp.—Will Offer St. Regis
The
St.
($5 par) common stock of
stockholders in exchange for outstand¬
also St. Regis Paper Co. below.—
corporation will offer 860,000 shares
Regis Paper Co.
Eastern
ing
Paper Com¬
Stock—
for Own
mon
States
to
its
own
securities.
See
V.
170,
302.
p.
Co.—New Mexican Quarters Ready—
Eastman Kodak
Kodak Mexicena Ltd., a subsidiary,
building in Mexico City this month.
new
will move into a new two-story
ft. It war, built to meet specific
Frank Zierer, Assistant Manager of
structure contains 35,000 sq.
needs of the company, according to
the subsidiary.—V. 170, p. 493.
share
per
to
all
pavment
stock¬
also
during which year
a
one
total
Economy Forms Corp.—Preferred Stock Offered—T. C.
Henderson & Co., Des
Moines, la., recently offered 6,000
(par $15) at $25
share to yield 6%.
shares $1.50 cumulative preferred stock
per
Ry.—Earnings—
1948
railway
railway
oper.
"Deficit.—V.
re¬
1947
In
1946
and
addition
$6,343,443
$5,260,009
3.479.648
3.750 453
3 254,752
2,542,335
1,785,391
2,108,515
1,790,434
2,216,650
19.238 005":
17,487,254*
13,627.948
8,994.377
of
6,286.895
6,166,505
4,704.337
1,216.491
others
2,943.077
2,899,245
2,152,834
$4,388,755
HISTORY
on
March
.
.
410,498
As
of
April
3,
was
1936,
it
for
sale
to
incorporated
acquired
officers
in
the
Iowa
assets,
goodwill,
of
the Economy Forms Co.
The
the corporation is the manufacture and rental
and
of
trademarked "Economy Forms," to contractors and
the
forming of concrete.
The Economy Forms
composed of a series of reinforced steel plates of various
forms,
for
System
sizes
business
reserved
BUSINESS—Corporation
1936.
patents
principal
steel
AND
30.
including
shares have been
the corporation.
1,500
employees of
$6,257,000
From January 1—
Gross
Net
trustee
Federal
liabiht'es.
year,
46,000
statement
a
1785.
p.
Duluth Missabe & Iron Range
June—
one
obsolescence,
June—
Gross
the
Shares, Inc., with securities valued
1949, exceeded $60,000,000 —V 170
declared
3
of
Aug.
by
I departments
department
Net ry.
Drewry's Ltd., U. S. A, Inc.—Resumes Dividend—
the
$33,563,521;
accrued
beyond
$598,814,973;
become
example,
The
for
total.
$20,900,000; reserve for insurance and contingen¬
preferred stock, S68.885.000; common stock $224,168,-
corporation
into
838,000
p. 493.
holders
$343,500,000;
costs,
surplus,
ments
,
Dividend
on
in
and
invesiors,
cently issued by the company.
other
payable
depreciation
certain
for
1948
amendment
increase
shares.
basis
individual
stock),
From Jan. 1—
approved
established
offering
and
common
payable,
Earnings—
Inc.—Capitalization Increased—
Bullock,
continuous
a
institutional
shares
furid, unawarded balance, $15,075,953;
of
be
number
of
shares
outstanding was 96%
greater
the
corresponding period oi last year," according to a statement issued
by
the
corporation.
"Stockholders
representing over
72%
oi
the
outstanding
stock
voted
favorably on the amendment which was
made necessary by
the substantial increase in demand for the com¬
pany's shares."
This corporation
was
organized in 1932 and is sponsored by the
of
1349
3C,
receivable,
(10,000,000
(net),
come
Net
providing
1949
an
JUNE
on
and
of stream¬
group
cars
*
100,000,000
SHEET,
$142,242,721;
notes
LIABILITIES—Accounts
be¬
operated
placed
lounge
passengers,
46,303,180 shares outstanding.
the eight months ended June
Net
Co.—Definitive Debentures
64
"For
Net
Natural
debentures,
^m'inn
of
to
the
been
service
into
170, p. 493.
authorizing
to
593,814,973 488,087,712
BALANCE
$1,680,342,334.
Gross
shares
cents
in
put
647,000
cents,
feet
accommodates
charter
were
15
amounted
still
obseration
9
1,750,000
marketable securities, $46,000,000: ac¬
$81,813,489;
inventories,
$149,404,747;
plants and properties (at approximate cost), $833,521,917; securit^s
of controlled companies not wholly owned,
$13,503,323; other securi¬
ties and investments, $18,381,315:
goodwill, patents, trademarks, etc.,
$40,571,910; deferred charges, $4,402,912; investment in General Mo¬
and
counts
Gross
Aug.
30
June
3.793.913
44,561,222
Lackawanna's
on
1.
on
3,799,913
1,750,000
55,915,565
r
dividends
CONSOLIDATED
$12,782,000 $12,842,000
50,000,000
50
week
been
has
cars
Manufacturing Co
poration's
of
cubic
have
includes
service.—V.
stockholders
of
,.
*pme
720.000.000
installed
The sleeping cars are being
York and Binghamton,
and
bonus
quarterly)
($
Net
Dividend Shares,
The
of
6.9%.
i-
with
coaches
sleeping
cars
the
dividend.---
series
series
Net
new
distribution
on
1692.
p.
amounted to 201,200,000
the
corresponding Week
local
been
__
168,
The
The
has
Net earnings
product the company may undertake to
manufacture.—V. 170, p. 396.
Consolidated Edison Co. of New York,
Inc.—Output—
unnouncecd
was
New
program
•
GG0,2SC,451 538,198,847
"Deficit.—V.
Dennison
firm
company.
the
capital
For
provide
of
(par
com¬
the
dining
coach
new
'ihe
Buffalo.
between
6 Months Ended June 30—
on
net
directors
of
interests of the
<b)
and
issue
The total issued and outstanding stock consists
only of the
stock of the company as held by the officers set forth
above.
board
for
10")
coaches,
Each
agreed to lend
interest at the
and
mon
trains,
and
basis
delivered after Sept.
1949, North Inve'tors, Inc., A
underwriter, entered into a loan and
North Investors, Inc., a $2,500 fee, the payment
be made in equal installments bi-weekly, to be evi¬
reries of promissory notes.
The repayment of the loan
a
York
modernization
lined
10,
annum
10, 1949.
agreed to
which is, to
pany
the
>a'd
through
New
assigned
features of luxury
,
AGREEMENT—On
equipment
passenger
A
group of
York-Chicago service.
and has ever since
Company was organized to manufacture, distribute and sell air con¬
ditioning units of every type and nature, and has specialized particu¬
larly in a portable, indiv'dual room cooling unit.
As of June
20, 1949, the corporation has a backlog of orders for
1,025 air conditioning units. c
LOAN
an
The
BUSINESS—Corporation was originally organized
in Delaware, Feb. 3, 1948.
Shortly thereafter the
incorporated
tween
under
$4.50
partment,
new
Buffalo.
United
has been completed, it
Aug. 4.
of
employees
In-
common
1
The
program,
of
value of
par
surplus
Preferred
■;>
modernization
fleet
over
1943
To Consolidate Two Units—
Delivery of the new streamlined coaches and sleeping cars contain¬
ing rooms and roomettes, ordered by this company as part of its post¬
The
($3).
six
rvalue of 10c a
Road—
war
year
plan
492.
p.
Delaware, Lackawanna & Western RR.- -Modernizing
Corp.,
of
respiting from revaluation
,in General Motors Corp._
vestment
492.
Conditioned-Aire
CONSOLIDATED SURPLUS
months
cies, $31,500,458;
South
in
1S4S,
OF
€2,611,127
six
construction
Corp.
15,
86,806,495
income
available,
Southern
&
$1.23
437.355,240
turing.
Commonwealth
of
$1.82
513,212,901
1948.:
investment
$0.06
com¬
1949
April 30, 1948 a. d £1,354,219 representing the net income of
Southern Indiana Gas & Elscir c Co. for the 12 months ended June 30,
The
44,584,412
$0.90
each
Excess of issue price
the
present
time the corporation has in
production some 30
military and commercial aviation.
It has been known
time, however, that plans of the new management involve
capitalizing the corporation's extensive engineering and manuiacturing
for
57,061,214
44,766,021
at beginning
company's leading experts in
further emphasis to the shift to
gives
unfilled orders totaling $137,500,000.
products
01,256,582
44,631,256
of the
one
production,
was
At
29,640,799
44,332,659
effective
Surplus
Mr. Hurley,
of
industrial
increased
June
40.450,213
$3.50
Hurley, Director of Manufacturing Engineering for the Ford
Co., has been elected President and a director of the Curtiss
of
5,549,913
out¬
.
Adjustment
Wright Corp.
As
5,549,913
6 Months Endc-d June 30—
humidi¬
T.
he
2,774,957
10,500,000
to
STATEMENT
brewers,
Cory
Curtiss Wright Corp.—New President—Has Backlog of
Curtiss
62,611.127
"Including in 1949 accelerated depreciation of $3,996,536 and $8.332,314, respectively, in the three and six month periods.
1 Present
share
($5
par
value)
basis, i.e., after 4 for 1 stock split which
$137,500,000—
election
-86.806.495
shares
mon
Total
low-cost
32.415,756
2,774,957
shares
standing
lApplic.
to
43.225,170
pencd
aoplicable
tCommcn
vv
5,200,000
stock
pid.
:
______
for
income
on
%%%.-
con-
costs
struction
Divs.
,
taxes
income
oper.
Net
1,006,552
1,040,600
& other inc.
other
Prov.
1,117,344
iBr)
Federal
for
Prov,
Net
tins
the
'
$
electric knife sharpeners, Fresh nd-Aire
fiers, and heater fans.—V. 170, p. 492.
Roy
'
'
1
industries.
Aisdorf,
Sample,
2,030,497
2,473,148
stkhldrs, interest
Net income
J.
Co.,
when
Dividends
£
not
als going into it, will be handled by low pressure air.
Convair Corp. plans also to negotiate licenses lor British manufac¬
turers to make the new Convair pneumatic conveying system for the
The
expense—
6,946,600
24,950,000
oper¬
in controlled companies
170, p. 203.
Brothers, Ltd., major botne manuiacturers,
have named
Convair Corp. as chief designers ana engineers oi a new grass plant at
Knottingly, England.
disc t,
debt
of
&
prem.
20.058.44J
10,276,700
on
common
Convair Corp.,
Motor
1,307,980
subsidiaries
Amortiz.
34,802.715
3.752,900
income
Balance
Jackson
25, 591,646
taxes—j
income——
on
358,059
3,598,435
350,859
taxes™
Gross
24 551,624
acqau.
—
General
Int.
25,839,291
38,592,351
10,613,974
5,396,500
Oper.
board.
the
Cory Corp., Chicago—New Advertising Agency—
2,069,259
2,2*2,
—
41.606,488
17,504,429
taxes
Surplus
$
$
$
21,847,653 279,896,211 272 257,644
,220,307
12,095,723 144,890,797 144
$
Gross
19,586,203
obsolete-
income
from
154,397,844 304,431,379 293,449,281
20,892,042
ating
1949, become General
J.. Cosgrove, who will
Chairman
as
of
$
ad¬
bonus
Federal
Net
firm
law
York
$
expenses
and
B
151,241,610
___
and
gen,
'Deprec.
on
Lloyd F. Thanhouser, a partner
Satterlee, Warfield & Stephens, will
1949—6 Mos.—1943
sold, etc.,
charges
ministrative
Continental Can Co., Inc.—New General Counsel—
1949—12 Mos.- -1948
1.4a—Month—1948
Period End. June 3o—
Selling,
Divs.
companies)
$
250.250,113 239,097,331 502,043,267 461,344,351
operating
2360.
p.
ACCOUNT
INCOME
Total
Class
$
Income from investment
English ceramic and coal
CONSOLIDATED
revenues..
oper.
'
248,853,244 236.946,499 498,337,831 457.061,350
1,396,669
2,151,332
3,705,436
4,283,301
.2
Cost of goods
Continental Air Lines, Inc.—To Consolidate Its Lines
The Civil Aeronautics Boaru on Aug. i0 announced it has granted
any other
an
stock of The Southern
"Application is being made to list the common
Co. on the New York ctock Exchange."
sales
otner
Corp.
of the company will ai its September meeting give consideration to
increase in the dividend in view of the upward trend of earnings.
dividends at
paid
has
Net
subsidiary
|p43—3 Mos.—1948
i
•
104.
p.
wholly' $wned
Period End. June 30—
$6,453,659
$4.43
£2,552,793
deduct.ons—_
inc.
$7,934,129
610,035
$3,531,548
plant,, which will cost about $500,000, will utilize a low
pressure air conveying system
developed by convair four years ago.
This system is claimed to move a greater ratio of product to air than
Ci,
Southern
du Font de Nemours & Co.—Earnings—
1949—12 Mos.—1948
the rate of 15 cents per
share quarterly since Much, 1948, the company having begun opera¬
tion in the Fall ol 1947.
"Ii is anticipated that the board of directors
"The
(E. L)
Subsidiary)
Wholly Owned
a
$2,413,214
income—.
income
Total
portion ol the iuel requirements
agencies,
Co.,
11,269,665
1,257,502
2,598,637
Taxes
Net
"The
substantial
Co.
$17,539,213 $16,843,951
Operating expense.
Deprec. and amortiz
hydro
burn
Gas
1949—3 Mos—1948
revenues
oper.
Other
Co.
his letter dated
in
Total
stockholders with the property
prospective
the
The Southern
of
Power
&
by E.
acquaint
Mr. Yates,
,
pursuant
to the Commonwealth plan of
levter is also being mailed to Commonwealth s
A. Yates, President of The Southern Co.,
Coip.
circular
a
the
to
stockholders
common
in
Co,
Southern
of the 12,020,000 common shares
common
stockholders of The Common¬
Light
Monday, August 15, 1949
(Inch
Counties
Period End. June 30—
the distribution
with
connection
Southern Co. Also Issued—
on
Electric
&
CHRONICLE
Baltimore—Earnings—
(Including
Circular Letter
Gas
FINANCIAL
&
is
that
use
may
in
be
interlocked
and
set
up
for
forming
most
types
Volume 170
THE
Number 4829
COMMERCIAL
of
concrete
construction.
construction
The
down
to
Forms,
monthly
or
1948765
form
work
corporation
employee
at
the
of
rate
taken
lurnishes
whom
assigned
the contractor.
of
OF
;
THE
each
to
>. •
•
become
and
Net
EFFECT
Class
A
stock
Class
B
stock
(75c
Class
C
stock
(50c
$148,000
250,000
250,000
9,693 shs.
7,500 shs.
30,000 shs.
ration
has
ceeds
embarked
from
earnings,
the
15,000 shs.
15,000 shs.
7,500 shs.
7,500 shs.
will be
available
for
for
another
of
used
rental
_■
demand
on
sale
this
to
"Economy
expansion
issue
of
the
Forms,"
The
program.
Cash
and
preferred
for
corpo¬
net
increasing
Income
Depreciation
$37,238
the capacity of
Federal
Taxes
$29,915
32,355
10,005
50,743
52,863
10,020
35,694
market
10,962
80,233
21,521
35,379
84,434
value
74,686,478
$33,515,274 $76,217,225
10,488
2,568
stocks
of
and
declared
1,499,996
(mkt.
30
quotations)
1,499,997
$77,845,711 $82,245,279
Months
Ended
June
figures
1949
1,522
12
are
EARNINGS
4
Six
Months
Interest
Ended
received
accruals
after
earned
and
PARENT
OF
June
from
estimated
for
sold
about
(Chicago)—To
313
construction,
with
First
National
$3,873,250 cash
estate,
certain
furniture,
Chicago as
of
inventory
prorations
shall
be
for such
taxes
based
other
ONLY
bid
items
the
received
is
at
auction)
rights,
if
any,
and
costs
pertaining
89,879
78,947
seller's
as
book
value
of
only
contract
on
Sept.
15,
the
to
that
without
seller
broker's
1949, at 32 W
for
158,300
133,800
128,400
$1,530,767
$1,403,460
$1,351,685
taxes
earnings
or
of
Preferred Stock
Aug. 10 declared
stock, payable Oct.
common
1949.
The previous
Aug. 21,
is
It
in
of
200.000
first
a
139, p. 4125.
program
a
The
Stockholders
—
to Vote
on
closed
of
65,000
shares
4.25%
Sept.
the
of
new
would
be
would
be
used
for
the
CONSOLIDATED
Period End. May 31—
expenses
Exploration
opment
and
costs
15,512,381
$682,290
33,111
ended
year
168,
Federal
265,017
tax
113,848
income
Net
Pfd.
(net)__
income
stock
per
30,
June
$409,649
$5,350,504
for
dends
—V.
169,
and
in
interim
which
34,479
413,750
New
with
ends
units
in
York
with 100
a
year
a
to
retail
Florida
ago.—V.
year
$4,936,754
Electric Auto-Lite Co.—New
Lvman A.
has been
Wine
will
and
Wine
This is
As
Appointment—
SEC
in
as
a
Net
ry.
railway
$3,861,810
The
1,154.230
oper.
1,199,599
1,029,560
income
474,111
food
170,
from
Net
from
Net
ry.
oper.
♦Deficit,—V. 170,
p.
6
&
11,113,857
7,315,519
966,259
4,331,900
3,653,457
2,841,536
*568,341
The
share
Aug.
the
on
19,
and
on
previous
169,
Aug.
V.
p.
of
dividend
a
holders of
cemmon
stock
1950,
10,
on
declared
7%
believed
its
Fall
River
the
to
was
170,
exps.
and
132.524
137.403
taxes..
income
*•
from
1
1,774,655
1,074,831
$6,223
$154,436
$97,352
4.443
63,441
69,225
$10,677
$217,327
$167,177
3,725
53,149
17,693
$12,768
»
gross
1
•
income
$7,620
share
capital
stock
$6,9pl
$154,773
$149,484
$2.49
$2.23
442,00C
452,000
398,000
$624,496
$596,899
$503,745
600,000
$0.77
.*
w
outstdg.__
Gy3.100
593, IL'O
$1.08
$0.98
the appointment of
Boston, Mass.,
as
its
that
the:
continuing
in effect, placing this
now
open-end
an
basis.
Co.—Earning:—
1949
1948
*1947
$8.7->6.900
$6,447.5°0
allow¬
$10,385,^0
6,274,400
5,743,500
4,666,300
$4,111,990
$2,993,400
5,900
$1,781,200
Dr2D0
$4,110,800
I,o6.»0e0
$2,999,300
1,140,000
$1,717,500
$2,547,800
operations
(net)
before
Inc.,
organized in
and in the
was
the
SEC
large
A
proceeds
covering
of
group
from
was
Boston
is
of this
month
offering of
June
same
the
underwriters,
this
filed
sale.
with the
authorization
received
closed-end
Act
the
that
for
investment
SEC
in
July.
the
from
SEC
1940 to change
company
to
that
of
The company thereupon effected the
taxes
as
a
this
completion
the
profit
of
$1,859,300
$1,058,500
enactment
the
since
its
of
initial
investments
its
shares
common
Earnings per
♦The
the
it
was
N.
public
of
and
Trinity
Portland
19, 1947, the date
Hallicrafte-rs
for
General
In
ducer
field
his
of
of
formerly
Hershey,
Co.,
Hazeltine
Plant
Cement
and
of com¬
natural
gas.—
Completed—
component
between
G.
E.
are
Assistant
prior
to
Hershey
television
parts.
General
manufacturers who
Mr.
and
period
the
icr
from
Jan.
1
to
>
v
profit for the three months ended June 30, 1949, totaled $1,403,$1.38 a share, compared with $1,044,400 or $1.02 a share for
corresponding three months of 1948.
Net
sales for the current
or
the
months
were
169,
$5,472,800
with
compared
1990, 2103.
pp.
$4,735,400
preceding
the
.4,,
.
General
Corp.—Acquisition—Financing-
Telephone
Earnings—
1
*
'■
General Telephone System has just acquired Oxnard Home Telephone
Co. and plans soon to acquire Santa Paula Heme Telephone
Co., both
from Francis H. Crosby and both in Southern California.
The parent
which has acquired the Oxnard company, plans to transfer
to Associated Telephone Co., Ltd., its subsidiary in that
Telephone
Co.,
Ltd., has contracted,
subject
to
approval of the P. U. Commission of California, to acquire the Santa
company
Associated
area.
property directly.
The
6,835
corporation
issued
4,784
shares
($20
par)
common
stock
and
shares
4.40% preferred stock ($50 par) in exchange for all of
outstanding shares ($10o par> capital stock.
The contract
with Mr. Crosby provides for an adjustment to reflect any changes in
surplus from March 31, 1949, to the closing date, Aug. 2, 1949, but
such
adjustment could be only minor.
Transfer of the property to
Associated,
also
consummated
stock
to
subject
shares
In
issuance
VL
$100
01
the
of
additional
sold
capital
par
construction.
June
shares
to be
with
securities
not
of
more
pians
within
the
last
•
-
Commission, will
Associated
acquire
the
of
5%
of
be
common
all
the
of
Paula
Santa
preferred stock, 1947
preferred
stock
be
to
12,000.
v
announced,
iety weeks
in
two
subsidiaries
order
to
finatfee
'
.
issue
an
than
U.
will
stock
own
Associated
previously
Telephone Co., which operates in
privately with two insurance
$1,000,000 3V4%
first murtgage bonds due in
1949,
Interstate
Idaho and Montana,
30,
Washington,
companies
of
number
P.
Associated
in exchange for shares of its
The
accordance
have
approval
corporation.
parent
outstanding
to
the
through
the
placed
1979.
On
July
Michigan Associated Telephone Co. placed pri¬
vately an issue of $2,500,000 314% lirst mortgage bends due in 1979.
At the same time, the Michigan subsidiary delivered
10,000 shares of
its cumulative preferred stock and 10,000 shares of its common stock
1949,
8,
the parent corporation.
The stock was issued in exchange for notes
totaling $2,000,000 issued by Michigan Associated to the parent cor¬
poration in order to finance its construction program temporarily.
t
As a result of negotiations now being completed, it is expected that,
on
or
about Sept. 1, Ohio Associated Telephone Co. will place pri¬
vately an issue of $1,750,000 3 ¥4% fhst mortgage bonds,
to
.
CONDENSED CONSOLIDATED STATEMENTS OF
INCOME
6 Mos. Ended June 30
1949
Operating
revenues
taxes
income
taxes
5,570,063
2,934,618
6,637,297
12,401,767
exps
.'
Federal
June 30,'49
6,088,823
and
other oper.
V:,/
12 Mos. End.
3,504,851
——
amortization
commercial, general oifice
Depreciation
v
1948
$29,221,172 $25,563,182 $56,845,434
—
Maintenance
Net
Misc.
operating
10,972,856
24,172,553
4,021,225
11,722,440
2,113,877
1,711,241
1,539,075
1,296,810
3,174,030
$3,572,779
'
income
deductions
(net)
earnings
and
Interest
Insulating
of
Fabricators, Inc. of East
Textolite plastics surfacing
to
that
in
the
Chief
Net
$3,077,594
$7,117,889
He
will
parts
aiso
Instrument
customers of
will
and
108,692
117.870
263,549
$3,464,087
1,772,147
$2,959,724
$6,854,340
1,456,884
3,382,584
$1,691,940
—
other
—
deductions
income
Income
Shares
charge
of
of
development
Director of
Research
concentrate on the develop¬
for the nation's largest pro¬
coordinate
leadmg
—V.
Engineer
Corp.
capacity,
radio
Co.)
which they we re consolidated into General
results of operations of General Portland
as of
$1,502,840
$3,471,756
10.
Corp., has been appointed
Instrument
new
new
$1.06
?
the
Net
Dividends
M.
999,993
$1.85
of
Cement Co. from Feb. 19 to June 30, 1947,
the
offering.
securities
in
particularly
on
Aug.
on
appointed
distributor
a
operations
former' TO-acre
announced
has
J.,
1,004,362
$2.50
results cf
the
of
659,000
predecessor com¬
panies (Florida Portland Cement Co., Signal Mountain Portland Cement
Traffic,
of
1,019,243
share
common
aggregate
organized
industry,
gas
taxes
inc.
Dr63,7C0
Federal
investment company
closed-end investment company
size and then converted to an
newly
a
concentrate
with
time
first
for
prov.
issued is estimated
registration statement
shares of its common
Associates,
statement
a
upon
will
company
Lloyd
of
289,000
$0.92
from
company
493.
Co.,
research
■
244,345
,
600,000
sh._
of
on
-
pfd.
stock
corp.—
220,000
220,000
440,000
outstdg.__
$1,471,940
1,191,164
$1,282,840
1,191.150
$3,031,756
1,191,164
$1.24
$1.08
$2.55
of
balance
common
stock
Earnings per share
2,949
5,143
per
No.
Paula
1949,
General Instrument Corp.—Director of Research—
ment
Earnings
23,
H. D. Randall, for 21 years with the General Electric Co., will be in
charge of sales of the plastics surfacing materials for the New Jersey
firm.—V. 170, p. 493.
$1,772,843
$9,819
income
Net
July
material y> r'
C-1,929,141
the
Gross
on
the
New Distributor Appointed—
1949—12 Mos.—1948
X143.631
258,040
2103.
income
Net
Co—Earnings—
1949—Month—194?
$142,344
Net operating income
Non-oper. income
(net)
Deduction,
was
company
stock.
in
be
to
company
p.
This
Gas Works
revenues
293,250
etc.
Income
On
with
capital
underwriting of
identified
Electric
Nov. 10, 1949.
The
25 cents on Aug. 31,
record
2750.
Period End. June 30—
Oper.
further
company
initial
firm
a
Rutherford,
Operat ng
Other
which
Remington-Rand plant in
Johnson City, N. Y., has just been completed by the Wigton-Abbott
Corp., engineers and contractors of Plainfield, N., J., for the General
per
16,317
$1,037,090
Oxnard's
Street,
Colonial
company
of
Company
Reconstruction
cents
62,026
$1,252,940
$682,85
General
10
124,009
$1,369,746
inc. taxes
salaries and
stock, payable Oct. 10 to holders of record
dividend of like amount on the same class of
further
payment
1948.—V.
110
chain
a
204.
common
a
stock, payable Jan.
of
303.
p.
on
General Electric Co.—Work
directors
because
supermarket
of the Investment Company Act of
that
company
panies
Equity Corp.—Resumes Common Dividend—
The
$0.54
Co. (New York) acted as representative, pur¬
offered 400,000 of such shares. The company
the
(c)
from
is
open-end
19,143,511
8,874.631
income---
the
registration
obtained
through
22,670.391
102,670
$1,450,984
common
Income
stock.
investment
$6,000,000
thereafter
status
This
24,395.370
8.961,678
railway
railway
1,032,629
announced
Fund
open-end investment company.
has
From January 1—
Gross
over
second
Investment
44,348
$1,020,773
Costs and expenses
17Wks. End.
change.
245,177
1,952,012
434,619
railway
the
common
Weld
under Section
$2,016,511
$1,190,914
General Portland Cement
this
available
5 that the second
distribution of 340,000
for
publicly
Shortly
1946
$3,183,715
$4,194,081
of
and
received
an
1917
1948
1949
from
from
4,188,106
$1,2«5,7?8
Sales—
1,845,456
numbered
officially
statement
White,
chased
its
June—
shares
whom
Detroit,
$5,208,879
4,610,195
326,127
p.
year.—V.
719,959
1,846,622
Aug.
closed-end
a
registration
660,000
Elgin Joliet & Eastern Ry.- -Earnings—
Gross
announced
previously reported,
filed
Toledo and Cincinnati.
Since joining this company in
1942, he has been Sales Manager of
the Lamp Division at Cincinnati, Ohio. Previously, he was Sales Man¬
ager of the C. M.
Hall Lamp Co., Detroit, where he had been em¬
ployed for 23 years.—V. 170, p. 302.
Net
Company
distributor
as
year
appointed to the executive post of Assistant
$5,801,109
4,953,7.4
corporation,
stated
Industries
covering the continuous
stock,
has
become
effective.
a
offices
maintain
net
a
Registration Statement Effective—
$4,291,585
$6,199,441
5.C47.659
____
6 Mos. Ended June 30—
series.
newly created responsibility in the company
both organization and customer contact duties. Mr.
concern
will
Orr
Mr.
Gas
on
Investment
named
to the President.
had
company
Apr. 30, '48
is
ago
H.
group
The
$375,170
1946
advertising
shs.
per
169,
900
periods resulting from the change in
on
the Saturday nearest April 30.
the
distributor.
374,344
$302,057
•
1947
Portland Cement Co., plus the
$0.38
Orr, President, on Aug. 8
Associates,
Inc.,
49 Federal
new
surplus.
—V.
Feb.
$50,307,556
outstanding
iiscal
now
from
selling
2750.
p.
on
Gas Industries Fund, Inc.—National Distributor—
divi¬
common
the
1943,
share
comparison
of
James
$4,665,929
34,479
of
Common
three
Golonial
re¬
quirements
Bal.
19,
successful
year
in
Preseott, President,
financially
charges and taxes__-____
common
number
compared
$7,260,834
719,403
1,875,502
1,965,354
2,481,006
$336,536
dividend
Aug.
share
2324.
p.
shares
common
year
The
$7,163,206
97,628
$9,796,864
4,444
$753,111
112,956
230,506
after all
of
difference
7,657
$9,665,236
131,627
$748,667
$715,401
____
income
deducts.
share
per
per
for the first time," he stated.
national
Income
record
12Wks. End.
NOTE—No
I 7,816,149
16,770
264
10,269
income
cents
of
cents
•After preferred dividend requirements.
fiscal
Balance
Gross
30
July 23, '49
♦Earnings
devel¬
Inc.—Earnings—
1°48
profit.
Net
$35,578,237
Number
ACCOUNT
928,091
1,617,755
"first
«
extends
Other
of
to holders
issue was 50
10
Sales
1949—Month—1948
1949—12 Mos.—1948
$2,310,314
$1,677,022 $25,194,387 $14,987,012
revenues
Operating
INCOME
fiscal
its
little money
a
$349,263.—V.
Net income
.
,
Operating
dividend
a
this
on
Food Fair Stores, Inc.—Reports Record
issued
company's expansion
the
1949-
plant
ances,
12
stock
lines
the
$6,395,973
Sales, less freight, discounts,
ended June 30. Robert W.
year
"We've made
For
will vote on the
,second preferred stock (no par).
meeting
shares
.
payment
corporation
said.
loss of
special
Proceeds
Net
9,769
Flying Tiger Line, Inc.—Shows Profit—
Of
this total,
50.000 shares would be offered to
company's convertible debentures in the amount of
remaining
15.000
shares
would
be
sold»at about
the
share.
per
Co.
country,
the
General Manager, announced that list prices
models w.L range from $1,695 to $1,795.—
(net)
for Fed.
Prov.
$1,361,454
1948 —V. 170, p. 5.
series.
of
$5,000,000.
$100
at
under tcod
holders
Gas
assembly
new
of
series
income
display
Co.
sale.—V.
Issue—
stockholders
issuance
4,325
$1,407,785
'
on
business," with the
The
10,842
$1,541,609
directors
The
Paso Natural
income
income
the
on
be
139, p. 4125.
El
securities
directors
The
more,
shall
and
parts
vareu:
eharge-offs, and net
sa.es
on
Randolph St., Chicago, III.
The beneficiaries of the trust have approved a
—V.
commission
in
$1,348,314
Prov. for Fed.
other successful bidder shall execute a written
designated form.
The auction will be held at 2 p.m.,
a
Misc.
First York Corp.—Declares 30-Cent Common Div.—
any
Buick
special
Profit
700.
p.
inventory
machinery,
and
located
the
or
bi^ds net
and
credit
a
compaiunc.it.
the
said.-
expenses
$1,480,035
on
July 20 declared a dividend of 50 cents per share
corporation's capital stock payable Sept. 10, 1943, to stock¬
of record Aug.
19.
This will be the corporation's 4,th con¬
secutive dividend. A dividend of like amount was paid to stockholders
March 10, 1949, making the total payment to stockholders
during 1949
$1 per share,
which compares with 80 cents paid in 1943.—V. 169,
the
the
revenues
holders
receive
.
,
year.
tools,:1 dies
plants
Wiles,
new
amort,
$1,437,207
42,878
$1,537,260
Pay 50-Cent Dividend—
The
011
refunds,
The buyer will be entitled to
amount
of
to
such
to
in
L.
the
optional
as
body styles and three models—
a six-passenger twu-door sedan, and
with added utility space in addition
170, p. 493.
1947
$1,458,313
$1,639,067
earnings
income
To
$16,350.
The present contract contains no
other preference over bidders at the auction, but
bidders at
the
auction must
deposit $200,000
to
be
that
accepted
Net
Dearborn
South
38
eligible, that all bids must increaes the previous bid by 10,000
that
profit
(without commissions)
sale
new
announcement
on
available
Dyna-
line, Buick plans expanded production
DurLng tne current month, of August,
greatest output
in Bulck's 46-year history.
Special many- .millions in dollars have been
the
for
in
used
be
is
its
fundamental
dress.
new
two
coupe
the
in
the
of
for
preparation
invested
brand
Prov. for retirements and
1948
1949
$1,599,188
than
less
right to meet bids
requires
trustee,
for the
higher
a
tax
the
item?
Recoveries less
with
than $9,000,000.
agreement
an
(unless
refunds, subject to
which the buyer agrees to pay.
on
contains
rooms
is 19 stories in height, of fireproof
cubic content of 7,500,000 feet and a
more
Bank
St., Chicago, 111,, has
real
guest
16
operating
It
estimated
an
probable replacement cost of
The
apartments,
15,
Sept.
on
6
and other recreational facilities.
at
auction
at
call
in
back
remainder
schedules
will
SeiueJ—w.th
in
transmission,
in
sedan,
two-door
room
Special
Operating
1948
$1.14
COMPANY
30—
affiliates^.
earnings
Oper. exps. and provision
interior shops, and a
175-car
capacity garage.
also swimming pool, gardens, tennis courts, beach promenade
stores,
the
tid
.•
passenger
Earns,
will'be
into
divided
rooms
bath,
There
which
for
Roaumastef
prese
converter
presented
is
ample luggage
the
its
$3,223,296
$1.03
■■
are
the
income.
Net
building,
three
a
to
is
v
series
new
on
innova¬
three inches
whee.base virtually tie same as
prcdu-t on last December.
same
solid, substantial appeaiance of
Super and
design
torque
s
^peciM
new
to
new
introduced
was
engineering
many
of
Qtr. End. June 30—
$3,102,218
:
5
a
on
Buick
of
Operating
Be Sold at Auction—
This
mates—the
Series
tae
entirely
des gn
grme
General Outdoor Advertising: Co.,
(& Subs.)—Earnings—
20—
earnings..
share__
retains
car
appearance,
out
six-passenger four-door
a
V.
Gross
Apartments
89,569
.
went
radiator
Buick s Special
styling and
length
which
Buick
The
In
Cr7,620,188
1,365,345
._
(Including Bank Affiliated)
170, p. 105.
Beach
bonds
2,793,734
tax
surplus June
Dividends
136,036
over-all
new
llow,
%
and
new
sleek in
and
in
Total
129,809
Edgewater
Dr23,928
:;*;-
>1
(market
__
income
NOTE—These
on
53,703
75,712
94,438
in
_____
operating
Earnings per
After Taxes
$56,072
$7,086
534,014
(The)
13,654
reserves
v'%V.
Net Profit
381.887
1,161,655
(net)™
1947
First Bank Stock Corp.
some
870,375
—V.
bonds
anu
special
Net
Expense
Long
characteristics
pro¬
stock,
Interest
$347,411
__
tions.
Ivan
STATEMENT
Gross
March 31:
1948
♦Underwriting loss.—V. 169, p. 601.
Six
EARNINGS
Years Ended
2,307,140
$1,554,675
77,701,124
dividends
Net
the plants.
of
51,
in
Federal
together with
the number of square feet of forms
increase
purposes
Dec.
__________
(net)
r
26,772 shs.
the
sales of stocks and
on
surplus
Decrease
10,000 shs.
25,000 shs.
par;
par i
to
2,555,242
:
bumper
a
industry,
completely
witn
8
equipment.
Increase
par)
pari
PURPOSE—Due
income_______
by
automobile
running
*$752,465
$5,800,496
Total
par)_____
($1.66%
the
Aug.
With
•
($15
$t.^>0 preferred stock ($15
Featured
The
1948
$3,245,254
(593)
,,
General Motors Corp.—New Buick Featured—
on
predecessor
1949
'
quotations)
TO
3200,000
1957___.
preference stock
investment
Profit
Outstanding
1954__.
debentures due
$1.50
•..
•
•
OFFERING
Authorized
4%%
'
Total
an
Net
GIVING
,*
Adjourned
scheduled to be held
was
Underwriting profit
\
debentures due
•■.
of
purpose
Six Months Ended June 30—
.
CORPORATION
PRESENT
which
<
shorter
which schedules
project
••-
Fidelity-Phenix Fire Insurance Co.—Earnings—
blueprints for detailed guidance.
The
pool of skilled construction foremen,
a
are
engineering service
w.
.
rental
of
payment
CHRONICLE
p-
i
I. -
voting upon an increase in the authorized
common stock from
4,000,000 shares to 7,000,000 shares, par $5, has
again been adjourned until Sept, 8.
See V. 170, p. 204,
They are
price.
sold.
not
are
specified
a
for
extensive
maintains
of
CAPITALIZATION
5%
others
provides
an
and
also
more
or
and
adjourned annual meeting,
July 28 for the
such rentals in
other instalments as construction progresses.
As a result,
losses of the corporation have
been nominal.
The cor¬
credit
one
and
contract
poration maintains
the
for
except
contractors
labor.
special forms,
FINANCIAL
fi*"
••
Federated Department Stores, Inc.—Meeting
The
in
savings
facility, saving time and
standard
the
adaptability to
broad
possesses
"Economy Forms" results
in substantial
forming costs.
They can bet set up in series
with
rented
System
requirements.
Economy
The
The
of
use
concrete
&
""
.
activities in this
and television
170, p. 5.
rad 0
General Instrument.—V.
170, p. 494.
General Public Utilities
Corp.—Rights to Be Offered—
month common stockholders of this corporation will be
offered the right to subscribe for the 835,000 common shares of the
Rochester Gas & Electric Corp.,
a
subsidiary, on the basis of one
;hare for each ten shares cf GPU common stoc*k held, it was learned
Early
on
next
10. The offering price is expected to be announced shortly.
proceeds from the sale are expected to be used by GPU to
$32,000,000 of 0'to bunas oi its su«a.~.ar.,, tne Assoc.ated
Aug.
The
retire
about
«
,T
In
Co.
bonds were
Associated's \xk','o
of
$20,000,000
June,
part of
as
Earlier
this
sidiaries
electric
amounted
0.7%,
to
General
General Time Corp.
4,000
48,000
f 435,700
43,000
393,285
70,806
(551,661
7o5,664
$116,542
$81,169
$1,202,132
$1,319,700
25,349
1 6,570
231,471
174,008
taxes..)
long-term
on
dfebt.
debt
d.sc.,
Amortiz.
of
operating
Other
37,031
71,425
Cr7,664
453
Cr22,462
27,710
$98,892
$64,293
$994,263
$1,120,310
5,513
5,513
66,156
66,156
$928,107
$1,054,154
pfd. stock
on
$1,306,328
516,286
$565,614
366,378
$790,042
$442,156
333,243
$1.44
$2.23
333,243
$1.18
June 14,'47
income taxes—
Federal & Canadian
170,
income
of
Number
——
shares—-——
common
share.———
Earnings per common
24 Weeks Ended—
Consolidated
—V.
170,
Georgia
/
The
stock
$1,401,167
Act,
Fed.
6,472
59,828
38,832
'
609
4,294
73,608
12,309
16,834
17,459
Dr>
1,751
2.018
11,585
Gross
$7,667
$1,484
♦$224,585
2,255
11,733
$8,980
$3,739
♦$212,852
Net
No.
220
227
1,394
1,352
*
—V.
Jan. 1 to
1948
$1,603,247
$5,682,667
Oper. exp. & oth. deduc.
Gross
Int.
J
<
deduc.
on
3,884,710
$8,293,520
$5,815,944
223,005
2,676,064
2,676,064
$644,870
170,
$447,533
223,005
.
$224,527
$5,617,456
1 $3,139,380
J:'
,
Balance
&
Co., Boston, Mass.—Issues
$2,200,000 Notes—
Life Insurance Co. of New
Mutual
Co., it
announced
was
add to net
the
York has made
$1.32
Shoe
requirements.
REDUCED
Grand Union Co.—Current
July 30—
Sales
Aug.
plans
169,
BY
$600,000
on
Aug.
transier
to
operations
the
due Sept.
that
1,
1954,
recoid
cf
at
the
the
Securities
on
said
the
cf
debentures
debenture,
corporation
Oct.
4,
basis
and
its
shuil
Aug.
on
Exchange
be
New
quoted
continue
York
been
Group Securities, Inc—3rd Quarter Dividends—
The
directors
several
have
31,
Aug.
classes
payments
of
low-priced
shares
third
shares,
shares,
Regular
the
last
12%;
The
44%
up
railroad
from
stock,
net
Aug.
the
10
filed
no
building,
;
For
;
Automobile
Chemical
to
dealt
be
Fully
General
Bond
Industrial
Bond
share.
a
on
No
on
to
consolidated
a
underwriter
has
to
are
be
used
working
as
170,
p.
capital
in
5.
^25
had
last
31
been
payment
that
the
011
paying
at
the
dividend
quarterly
would
stock
common
quarterly cash dividends of
rate having been disbursed
that
and
the
that
therefore
the
on
common
quarterly dividend
stocks
expects
company
the
net operating
board has decided
stock
cents
declared, payable Aug.
1582.
was
168, p.
to
pay
no
31
per
share
on
to holders of
the
pre¬
record Aug.
Toronto,
on
Dated
July
and
1949;
1,
to
mature
July
.07
23
^25
.29
]o9
CAPITALIZATION
Railroad
Bond
Railroad
Equipment
Railroad
.Stock
.03
HI
—
!o7
[08
.09
20
!o7
—
"regular
dividend"
"Extra"
undistributed
is
]l5
5y2%
dividends
net
profits
dividends
the
net
distribution
represent
from
from
sale
of
convertible
Common
•
'
meant
in¬
from
in
■
to
the
shares
United
above
of
active
been
will
duty
a
of Donald
Lee
1946,
Bock
of
Director
continue
The
to
position
C.
will
has
has
Bock,
be
been
act
of
G.
in
an
of
the
because
the
voluntary
retirement
ill-health
Mr.
companies
since
of
Gulf
*
from
Clark
1939
has
He
advisory capacity.
of
Purchases
of
Gulf for
purchases
some
38
is
being discontinued
Purchasing Agent since Aug
has been General
charges
with
Clark
Purchases
Director
who
in
announced
for
all
years.—V.
Gulf
170
companies
p
398
part
$2,250,000
FINANCING
Outstanding
$2,250,000
3,000,000 shr>.
____
tank
in
,
The
American
the shares cf
bonds
the
Lloydminster
V Gulf OH Corp.—Director of Purchases Resigns—
sinking fund bonds—
($1
States.
$1,000,000 in
The
assets
corporation
PROPOSED
Authorized
1,090,846 shs.
Husky Oil & Refining Ltd. is an established subsidiary of
the
Husky Refining Co. of Wyoming, one of the largest and best known
producers and distributors of heavy crude oil and asphaltic products
securities.—
170, p. 5.
The
OF
,
cent per share extra dividend.
income.
accumulated,
V.
111111111
—
By
1,744,541
14,183,588
129,282,674
93,471,303
15,441,954
Cr27,993
Drl65,227
Dr836,238
Drl,804,384
1,431,636
2,981,592
11,395.375
140,451
129,926
7,196
7,768
833,069
48,982
13,564,533
748,090
49,381
1,615.091
882,462
3,103,750
378,631
12,179,462
5,251.547
14,263,242
5,181,977
732,629
2,225,059
6,927,915
9,081,265
Net
income
ry.
oper.
income
Other
deductions
Miscell.
Fixed
available
for
charges
charges
Net
income
-V.
170,
106.
p.
Illinois Terminal RR.Gross
1947
1946
$1 039.302
$ 893.054
$759,413
207,277
315,234
264,395
185,181
Net
Net
ry.
railway
railway—
from
185,424
118,333
76,046
6.297.345
5,638,816
4.351,355
1,269,362
1,324,026
1,774,949
870,173
605,534
907,902
807,430
319,002
January 1—
from
Net
from
Net
ry.
—V.
97,203
5,331.275
income
oper.
From
1943
1949
from
Gross
Earnings—
$987,232
June—
railway
railway
income
oper.
169,
2753.
p.
Indian Motocycle Co.—Holders Vote Debentures—
The
stockholders
have
convertible
Sales
Indian
sales
two
and
will
be
wheeled
supplied
interests
will
debentures
handle
vehicles
hold!
and
shares
15,000
a complete line of
Indian dealers. The vehicles
British manufacturers. British
preferred stock of the sales
through
States
United
by
subsidiary.
distribution of
wholly-owned
will
company
three
approval of an issue of $1,500,000 sub¬
to Atlas Corp. and the formation
voted
4%
Corp., a
of
company.
States
of
two
and
three
wheeled
made
scooters
in
the
United
sales are reported to be
sales of bicycles following
successful
test
marketing by several Indian dealers last Christmas.
However, bicycle sales at the present time are "not too good" while
motorcycle sales are not up to the volume usually expected for this
begun
was
good.
very
about
and
ago,
to push
also plans
spokesman said.—V.
company
a
month
a
The company
170,
p.
205.
Indiana Harbor Belt RR.—Income Account1949 —6 Mos.—1948
Month—1943
$2;038,331 $11,815 531 $11,260,187
9,654,464
9,212 ,577
1.538,032
1949
Period End. June 30—
revenues.
$1,821 ,616
expenses.
1.333 .714
Net rev. from ry. opers.
$437,902
$550,299
Ry.
operating
Ry.
operating
Ry.
Net
ry.
1,205,877
1,438,260
income-
$143,016
$369,272
♦$420,743
♦$394,161
4,174
5,076
$839,258
28,758
$147,190
oper.
income
fixed
538,211
557,819
210.315
$374,243
$363,016
2G.587
17,703
13,187
2.269
2,986
deductions
Net
$1,605,723
Cr29.283
149,856
fac.
income
Total
$2,602,954
145,930
rents
accruals
tax
51,140
42.473
291,664
261,27s
$93,664
$329,606
$563,165
♦$673,142
charges
income
"Deficit.—V.
170, p. 305
Insurance Co. of North America—New Director—
A.
Ingersoll
caused
Diemand,
as
President, has announced the election of C. Jared
of the board of directors to fill the vacancy
member
a
by the recent death of Philip C. Staples.
Ingersoll since 1932 has been Chairman
of
the
board
of the
Valley RR.
He also serves as Chairman of the board of the
Kansas, Oklahoma & Gulf RR. and the Oklahoma City-Adai-Atoka Ry.
Co.
He is President of the Muskogee Co.,
Sebastian County Coal &
are
its
secured
Canadian
in
has
subsidiary, junior to
invested
the
bond
close
issue.
by a first mortgage on all of the fixed
enterprise, including a modern refinery at.
.
a
capacity of up to 10,000 barrels daily, storage
plants, and more than 500.000 acres of oil lands
the surrounding
$2,000,000
corporation
with
treating
area.
In addition, the
working capital. -
Idaho Power
company
has approximately
1,
and
RR.,
a
over
Bank
director
&
of
Trust
Phelps Dodge Corp.
Co.
Y.—V.
of N.
and
169, p.
a
trustee of Central Han¬
2643.
Inter
County Telephone
&
Telegraph Co., Ft. Myers,
Securities Corp.,
Fla.—Preferred Stock Offered—Florida
Petersburg, Fla., on July 6 offered 4,500 shares of
cumulative preferred stock series B, at par ($25).
Proceeds
will be
used for property improvements—5%
V. 170, p. 106.
Trusts
the award Aug.
10 of $1,710,000 2%% serial equipment trust certificates,
series CC, maturing $114,000 annually Aug. 15, 1950 to
1964, inclusive. The certificates, issued under the Phila¬
delphia plan, were immediately reoffered by the group,
subject to ICC authorization, at prices to yield from
1.30% to 2.675%, according to maturity.
International
The issue
Co.—Charged With Trespass—
of
a
$3,000,000,
138
kilovolt
was
awarded
Pressprich & Co.,
tives,
construction
transmission
Great
Northern RR.—Equipment
Offered—Halsey, Stuart & Co. Inc. won
domain
the
Mutual
the
Hall
in
of
managers
restraining order was issued Aug. 9 in Federal Court at Boise,
Idaho,
in
an
injunct'on suit brought bv Secretary of the Interior
J. A. Krug charging the company with willful trespass on the
public
A
Mr.
Garland Coal & Mining Co., and serves on the board of
the Girard Trust Co., Western Savings Fund Association
Assurance Co.
He is a director of the Pennsylvania
Mining Co.,
St.
COMPLETION
■
[25
'25
Tobacco
UPON
.22
»
07
Steel
NOTE
99,527,950
1,
.10
vestment
16,868.391
Mr.
.'09
l
16,801,092
2,102,380
John
during 1949.
12 Vz
of
loss in the
a
Petroleum
♦Includes
Railway oper. expenses
Railway tax accruals—
Equipment and joint fa¬
cility rents (net)
be
1961. Principal and interest
(Jan. 1
July 1)
and redemption premium,
if any, payable in
lawful money of Canada at any branch of the company's bankers in
Canada (Yukon territory excepted).
Trustee, Montreal Trust Co.
Utilities
21,753,751 125,943,151
Misc.
Aug.
— Bonds
Offered—Milner,
July 21 offered in the Canadian
convertible sinking fund bonds
at 100 and interest
(carrying a bonus of 40 common
shares with each $1,000 bonds).
.30
.08
$
$
$
$
20,357.315
oper.
Total
Husky Oil & Refining Ltd.
.27
.10
1949—6 Mo .—1948
1949—Month—1943
revenues
Railway
Other
Common Dividend—
Merchandising
Mining
^
Illinois Central RR.—Earnings—
season,
with the
of 60,000
per share,
at $23 a share.
stock
common
announced
9
about
that
Ross & Co.,
.34
.09
Priced
over
stipulation to be
Department of the
statement
market $2,250,000 5. % %
♦.30
Investing Company
7
a
Midland
.28
Low
„
the
$19.92
was
sale
Aug.
on
the
stated
year,
19.—V.
.18
.12
1__
_
"flat."*—V.
in
.21
.10
Machinery
Institutional
V
of
the
1949.
usual
ferred
.40
.09
Administered
the
company
each,
was
The
[34
.05
Food
The
current
.21
.07
30,
proposing the sale
value, stated value $10
the company's business.—V.
of
payable
cents
.30
.14
_
Equipment
of
value
1949,
from
further dividends
$0.27
.12
Building
Electrical
and
having jurisdiction
by
Equip, and jt.
directors
May 31,
It
.07
30;
course
25
,12
Aviation
usual
on
for 9 Months
$0.09
__"i
book
The
June
proceeds
omitted.
16% ;
follow:
Total
3rd Quarter
Agricultural
of
ordinarily
1
income
Aug.
on
named.
The
regular
up
25%.
investment
on
"ex-interest"
registration
a
par
Hunt Foods, Inc.—Omits
included
increases
up
the
third quarter
1949.
On
16,
than
larger
are
year.
aviation,
and
declared
the
for
record
of
dividends
quarter
25%;
up
up
dividends
regular dividends
shareholders
to
the
for
automobile
declared
1949,
Exchange
Curb
Commission
stock,
common
1949.
as
The
payable
filed
was
by
the government lands involved."
written into the permission to be
Interior for erection of the Idaho,
company's power lines on the public lands, wen di cussed in Wash¬
ington
last
November,
and
a
suitable arrangement
was
thought
to have been
devised which would adequately protect the company
irorn both an engineering and a financial viewpoint, and at the same
time
meet
the
legal requirement for government power sale.
The
stipulation, however, was never signed by the company.—V. 169, p. 2419.
given
Distr.bution
c.ertain employees, executives, and other persons,
company
intends to make an allotment of the
shares
Sept.
17,
1949, and to give options exercisable
from
Sept.
19
1949—7 Mos.—1948
1949—Month—1943
.
on
The
$15,686,225 $16,542,103 $115,542,312 $115,241,593
——
business
of
close
2419.
p.
Securities
304.
p.
withdrawn
merely
the
risk
own
The
Corp.—Interest Payment—
to
170,
prejudice
its
ordinated
1949.
shares of
Period End. July 31—
electr.c transmit -on line r.gnt of way
District Land Office in December.
stated that pre-i.een e
construction would
application, if the company constructed the line
"subject to the requirements of the agency or
Commission
not
Niagara Fails
its
of
2419.
p.
Waldorf-Astoria
ruled that
The
170, p. 304.
—V.
an
Boise
of the project, the company applied for pie-license permission
the line from Bliss to American Falls and Bliss to Boise.
part
Income
Household Finance Corp.—Files With SEC—
1949—22 Wks.—1943
$8,894,691 $55,436,692 $46,502,989
(W. T.) Grant Co.—July Dollar Volume Off 5.17%—
Sales
for
Bureau's
Management for
and transmission
and much correspondence,
construct
-
8
amounting to 2%'r ($25 per $1,000 debenture) will be paid
15, 1949 to registered holders of 5% sinking fund income
Committee
5
and
Sales Increased 15V2%—
1949—4 Wks.—1948
$10,279,552
.
1,
The
2148.
p.
on
application was
fixed
made
was
Co.
debentures,
Sept.
on
working capital.—V. 162,
Period End.
dividend
purchase
Sept.
on
169,
—V.
SI.03
"we had
clearly demonstrate: the willful nature of
the public lands, and the need for injunc¬
case
1918, and/after conferences
9,
appl.cation
the
as
the quarter ended May
$600,000 on its unsecured
of
Interest
3%% notes to Ginn
Aug. 11. The proceeds will
be used to refund certain outstanding indebtedness and
&
the
of
loan of $2,200,000 against 15-year
a
$0.59
preferred
Hotel
The
804,204
share
$1,560,900
804,204
$1.80
$1,285,000
804,204
com.
per
operations.—V.
205.
p.
Ginn
$883,800
804.204
Y.,
recently announced (see American Brake Shoe Co. in V. 170. p. 1).
property involved is about three acres of land and buildings
with a floor space of about 100,000 square feet.
The Ramapo Ajax
Division is planning to move most of its own equipment to Tonawanda,
but
the
purchase
includes
several
electrically
operated
traveling
cranes, office space, heating boiler and other miscellaneous facilities.
Officials of the Hooker Electrochemical Co, stated that as soon as it
acquires possession of the premises it plans to utilize the property
partly for certain manufacturing operations and partly for office
space; also for the storage of raw materials, spare parts and finished
products.
In this way a substantial poition of its present plant, which
is located directly across Buffalo Ave. from the Ramapa Ajak property,
will be made available for the necessary expansion of other production
3,660,402
307,198
$867,875
stock
pfd.
Vf 'S;/,.'; '•
•
—V.
$589,100
The
$9,476,346
340,528
(net)
income
Divs.
$754,731 $12,178,230
$1,214,403
income
& oth.
Net
4,468,263
in
company first applied to the Bureau of Laud
advance construction
permit for electric plants
The
as
1949—12 Mos.—194.8
$5,198,070 $67,352,800 $61,382,788
4,443.339
55,174,570
52,406,442
194S- -Month—1348
revenue
explained,
Krug
the company on April 11, 1949,
and on A^ril 20, it applied to the Federal Power Commission for a
license
to
construct
this very line as part of 'its hydro project on
Snake River {the Bliss project).
Before the Commission ha.
oppor¬
tunity to determine whether the line could property
be regarded
plant to its newly acquired location in the town of Tonawanda, N.
Georgia Power Co.—Earnings—
Gross
record
lines on July
970,000
of conclusion of arrangements
by this company of the plant and property of the
Ramapo Ajax Division of American Brake Shoe Co. in Niagara Falls,
N. Y.
Actual transfer of title
is expected
to be consummated the
latter part of this
year or early
in 1950, at which time American
1948
$1,603,047
$122,785
Secretary
relief."
an
2,530,900
790,000
Acquires Additional Niagara Falls Plant—
for
170, p. 494.
Period End. June 30—
$12,133,200
2,075,000
550.000
31, 1949, the company prepaid the
notes payable and at May 31, 1949
the balance outstanding was $2,400,000.
The next instalment thereon
of $600,000 will be due June 1, 1951.
July 31
1949
statutes,"
but
During
♦$80,574
♦$214,246
End. July 31
$71,098
revenue
1949—6 Mos.—1943
$1,433,800
shares-
common
Brake
/
due
Not stated $11,028,600
360,000
taxes__
Announcement
10 Days
1949
Operating
bonds
3%-4%
mortgage
Co.—Earnings—
$949,109
profit
of
turn
Deficit.-
Period—
first
1949—3 Mos.—1948
NOTES
$3,511
$8,760
to int.
fiurplu; applic.
$2,000,000
for
charges
income
''After
♦$79,222
Deductions from Income
Federal
Company's trespass
Details
York, N. Y., has been
New
13,015
income
the
accordingly
Period End. June 30-
♦$92,237
1,313
income.
income-
oper.
ry.
Trust Co.,
&
Not stated
after
♦Earns,
'Net
Hanover Bank
18,511
(net Dri
Non-operating
the
tive
at
sales
Federal
81,906
(net
rents
fac.
1883.
trustee
Net
41,313
51,720
Unemploy717
I
to
Hooker Electrochemical
7,002
8,611
Equipm't rents
169, p.
Net
ment Ins. Act. of '38
Jt.
was
Period End. May 31—
Taxing
1937
RR.
to $2,
total
1,218,855
misc.
&
Railroad
Fed.
Two
previously declared this
the same as for the cor¬
July 1, 1950-69.
$1,311,192
1,436,420
6,638
expenses.
nine-month
the
share on
dividend of $1.20 per
a
to holders of record Sept. 2.
each have been
40 cents
quarterly dividend of $1.06'A a share on $4.25 preferred
also declared, payable Sept. 1 to holders of record Aug. 15.
appointed
1949—6 Mos.—1948
$247,512
212,468
no
to stop the trespass by
means of an injunction,
wrote to Attorney General Clark on July 26, re¬
questing that such a step be taken in the D.strict Court.
and
agencies
Ry. Tax Accruals:
Advalorem
of
regular
The Central
$274,871
232,653
revenues.
has
government.
alternative
This
(G. F.) Ileublein and Brother, Inc.—Trustee—
1549—Month—1948
Period End. June 30—
1948.—V,
April 27,
on
responding period in 1948.
(Including Statesboro Northern Ry.)
Ry. operating
Ry. operating
bringing
year,
Aug. 5 declared
payable Sept. 12
on
stock,
dividends
common
RR—Earnings—
Florida
sold
were
Iianna Co.—$1.20 Common Dividend—
directors
common
—V.
&
the
"Under
en
(M. A.)
the
106.
p.
flagrant
in
$940,816
$1,591,121
$1,138,641
income
net
properties
gas
106
p.
The
Net
desire to deny the bene¬
who seeks to obtain that
said. "It cannot, however,
occupancy and use of the Federal
domain through such a
in tance of willful trespass as has occurred in this con¬
of a transmission line on public land without the consent
Interior
public lands to anyone
manner," Secretary Krug
lawful
a
condone
of
Icaho,
via de Bliss Dam.
Federal Discrict Court at Bo.se.
Falls,
American
The
$58,780
$93,379
NOTE—Company's
$746,197
304,041
taxes—
to
the
of
use
in
use
The
Divs.
25,491
$931,800
366,186
expense;—-
before income
ficial
6,066,359
*0*
June 18/49 June 12, '48
of
(net
income
income
Net
income
Cr2,327
Crl,141
income
Net
Balance
Net
Crl47
Cr35
and expense
Boise
line on the public lands.
"The Department of the
no
deductions
Otner
6,914,932
6,477,955
Operating costs and expenses
2,560,486
396,33J
from
struction
Int.
12,'48 June 14,'47
$8,149,835 $6,787,0o5
$7,372,724
-
2,298,733
448,998
94,717
income
June 18,'49 June
sales
Net
205,637
34,833
\
Gross
Subs.)—Earnings—
(&
40,000
taxes
income
prem.
12 Weeks Ended—
$396,446
185,525
adjustments
week ended Aug. 5,
of 819,053 kun., or
week of last year,—V. 170, p.
corresponding
the
from
$440,784
Amortiz. of plant'acquis.
this corporation for the
113,981,088 kwh., a decrease
output of
1949—12 Mos.—1948
$4,985,224
$5,483,473
1949—Month—1943
——
Federal
1949,
jf
A
hearing was :et for Aug. 3 5 in
The
injunction sought would also prohibit further construction until tne
company
receives
permission
from
the
Depaitmenl to
place the
line
;
4,000
revenue
Weekly Output Slightly Lower—
The
Co—Earnings—
Operating expenses
Prov; for depreciation
still under its control a
meaning of the r
in
Power
Period End. June 30—
Gross
year
Pennsylvania and New Jersey
an
integrated
electric
sy.tem
within the
Utility Holding Company Act.'
■■
1949
Monday, August 15,
——•
Gulf
GPU's refinancing and divestment program.
the company outlined proposals to ,sell oir cu tribute the common stock of the Stater. Island Edison Corp, ana
•its subsidiaries in the Philippine Islands, leaving
tne operating sub¬
retired
FINANCIAL CHRONICLE
&
I'1
1
"
Electric
COMMERCIAL
THE
(594)
&
Co.,
Proceeds
railroad
Inc.,
of
the
equipment
estimated
on
bid of 99.482.
a
Bids for 2J/2S were: R. W.
99.824;. Salomon Bros. & Hutzler, 99.434, and Harris,
99.32.
issue will be used to provide for new standard-gauge
to
consisting
cost
not
of
less
six
Diesel-Electric Freight Locomo¬
170, p. 494. ;
than $2,150,624.—V.
record
distribution
cash
deliverable
United
in
cents
39
of
States
Bermuda,
Hamilton,
payable and
for can¬
currency,
of each voting trust certificates
surrender
upon
Instruction to forward certificates to the
cellation.
at
declared a liquidation dividend to stockholders of
three class B shares of Swedish Match Co. and a
company has
of July 30 of
being
are
mailed
John
170,
Executive
168,
Vice-Presidnt.
p.
..
Vice-President,
Barnhart,
2326.
F.
Henry
V.
has
.
been
elected
director
a
The taking on of new space heating customers stems
.
E..
comes
(595)
—
predictions
able to
Line Material Co.—Consolidation
Interstate
Department Stores, Inc.—July Sales Off—
170,
399.
p.
Interstate
*
The
Telephone
June
30
ance
companies
due in
Bernard
As
bonds
has
to
step
President
early date.
taking over his
an
Iowa
of
this
position,
new
and
company
Power
he
has
re¬
p. 2104.
Iowa Public
Service
Co—Earnings—
Operation
Maintenance
Net
-
„
r_
operations
from
$2,118,561
(net)
19,854
$2,136,663
$1,732,183
617,097
647,942
deductions
income
$1,519,566
$1,084,246
159,382
159,382
$1,360,184
Dividends accrued
$924,864
preferred stock
on
Balance
170,
$1,712,334
18,102
income
income
—V.
613,032
laxwj
income
Net
819,193
taxes
earnings
Total
1,261,405
738,932
1,019,646
854,903
income
Gross
206.
p.
Period End. July 16—
sales
1949—4 Wks.—1948
Retail
170,
$89,183,410
Standard
5%
series, $100 par value.—V. 170,
is
The
the
S.
announced
District
Aug.
for
Court
the filing of an
8
the
Northern
of
Illinois, Eastern
Division, on two plans of reorganization involving Keeshin Freight
Lines, Inc., debtor, and Keeshin Motor Express Co., Inc., Seaboard
Freight Lines, Inc., and National Freight Lines, Inc., subsidiary debtors.
The two reorganization plans are known as the trustees' alternate
plan (also known as the Walker plan) and the Keeshin-Ratner plan.
The Commission
creditors
to
debtors
"it
that
in
at
that
the value
the
proposes
price
upset
an
estimate of
concluded
trustees'
cash
a
alternate plan
purchase
substantially
of the debtors'
less
assets".
the
of
than
is unfair
assets
the
of the
Commission's
No question
of feasibility
is presented.
As
to
Keeshin-Ratner
the
plan is
parent
company
of
Commission's
also
the
The
unfair
385,308
adequate
Commission
compensation
estimate
also
is
of
of
the
the
for
value
opinion
that
their
of
claims
the
this
to
of
the
debt.—V.
capital
structure
and
reduction
in
on
the
7.01% ;
of
stock
the
of
stock
enterprise;"
although feasi¬
amount
funded
of
163, p. 781.
County
voting
partial
Co.
—
Secondary Offering—Dean
Witter & Co., made a secondary distribution
10,000
shares
share
Aug. 10 of
at $43% per
of common stock (par $5)
Dealers discount $1.—V. 170,
(net).
Gas
its
confirmed
"This
of
the
well
gas
of
presence
a
large gas distillate
new
these
do
not
a
July 18, while testing on a 16/64-inchchock, the well pro¬
999,700 cubic feet of gas per day with the tubing pressure of
1,650 pounds and a separator pressure of 400 pounds.
"The total
depth of this re-drilled hole is 13,975 feet where mechan¬
were
encountered /making
it impossible to complete
14,000-foot sand drilled in the original hole.
difficulties
this
well
respectively,
are,
and
of
550,041
the
the
the
will
33(26%
number
and
has
been
drilling will
established
in
undoubtedly follow
possibilities."—V.
170,
p.
a
this, prospect a
of
to
feet
Additional
thoroughly exploit
6.
the
net
of
21.16%.
to
of
the
receive
of
Sales
$
of
output
this
32,665,000
week
from
of
notes
promissory
—V.
Inc.—July Sales Decreased 18.6%—
sales
$2,797,165
EARNINGS FOR
Sales
for
contract
by
Louisville
both
and
$3,437,061 $29,377,402
MONTHS
APRIL
30,
Provision
Net
after
income
and
interest
taxes—
shares
♦Earnings
per
outstanding
common
share
♦After payment of dividends
NOTE—Due
income
figures
V.
p.
to
170,
a
for
$478,600
576,081
.___
the 4 V2 %
a
,
no
of
comparative
last year.—
|
306.
of
share,
a
was
over¬
than
Written
shares
the
Co.—Merger Ratified—
this
of
two-thirds
holders
170,
of
Material Co. voted
approved the plan by
Line
groups
9% of the 528,838 Line Material
terms of the merger contract,
Under
to discard
the
plan if
more
of Line
than 2%
dissent.
McGraw Electric
consummation
V.
Both
aoout
filed.
were
Electric can elect
The
and
company
majority necessary.
dissents representing
outstanding
of
the
Co.
advised
is
merger
the
now
New
to
up
York
its
Curb
1949
Pennsylvania
Chestnut
receive
mortgage
sum
p.
of
399.
Sts.,
sealed
bonds,
$200,000,
Company
Philadelphia,
A.
to
prices not
:
an
amount
to exceed
sufficient
102 »/2
'■
and
to
2,545,563
74,234
$2,190,969
485,549
344,170
$2,535,139
2,005,771
1,485,729
$4,914,990
awarded Aug.
were
crude
$1,049,410
8
pipeline
by William C.
combination 20 and 22-inch
pipeline
diameter
the country
will
be
one
of
as
an
be operated
and will
carrier.
common
will
>'■,
\
by the company for construction of
from Texas to Ohio, according to
Kinsolving, President.
oil
in the neighborhood of Longview, Texas, and be
northeasterly direction to Lima, Ohio.
*
pipeline, which will require an investment of approxi¬
mately $56,000,000, will be financed through purchase of Mid-Valley
stock by The Standard Oil Co. (Ohio) and Sun Oil Co. and by addi¬
in
laid
originate
a
The
new
funds borrowed from banks and insurance
Middle South Utilities,
ended Ayg.
the week
For
this
of
corporation
239,000
kwh.,
companies.
V.
p.
170,
495.
Inc.—Weekly Input—
4,
amounted
14.2%,
or
that
directors.—
of
board
the System input of subsidiaries
kwh., an increase of 11,week of last year.—
1949,
89,982,000
to
the
over
corresponding
■
..
Middle States Petroleum Corp.—Unit Names Officers
The
Midstates
Oil
Corp.,
subsidiary,
a
Aug.
10
of Houston, Tex.,
appointment of Philip C. Dixon
as
President, and George M. Vanderveer,
Vice-Presidents,—V. 170, p. 306.
directors
the
on
on
Jr.
and
W.
announced the
Executive Vice- !
Blackburn as
H.
Co.—$1 Common Dividend—
Aug. 8 declared
stock, payable Sept.
on
dividend
a
of
70
cents
share
per
15 to holders of record Aug. 26.
with 60 cents paid on March 12 and June 12, last.
Payments during 1948 were as follows: March 12, June 12 and Sept. 13,
50 cents each; and Dec. 11, 60 cents.—V. 170, p. 495.
*
This
common
compares
Missouri-Pacific
RR.—Equipment
Trusts
Offered—A
certificates,
series MM issued under the Philadelphia plan, was of¬
fered Aug. 9 by Salomon Bros, & Hutzler, Drexel & Co.,
Union Securities Corp. and Stroud & Company, Inc. The
certificates, dated Aug. 15, 1949, and maturing $335,000
each Aug. 15 from 1950 to 1964, inclusive, are priced to
yield from 1.35 to .2.65%, according to maturity.
issue of $5,025,000 2%% equipment trust
The
2%s
issue
was
awarded
Aug.
9
on
bid
a
of
99.57.
Halsey,
were:
(Inc.)
Stuart & Co. Inc., 99.509;
Lehman Brothers; Bear, Stearns &
99.39;
ber, Jackson & Curtis
1.
in
the
force
lOO'.h year of continuous business
its
entire 99
York
New
P.
(Jointly),
99.169.—V.
170,
p.
bids
Other
Harris,
and
Co.
Hall
&
Paine,
for
Co.,
Web¬
496.
the company
years,
has maintained its home
has headed the company since
Under his leadership, The Manhattan Life's insurance
more
than
doubled.—V.
168, p.
745.
exhaust
the
170,
the
of
licensed
recent
offering of 49,500 shares by this corporation,
holders of warrants which expired Aug. 9 subscribed for 45,220 shares,
of
91%
or
The
at
$5
the
an
stockholders
for each eight
shares
4,280
additional
will
216,448 shares
warrants.—V.
was
which
the
in
shares
allotted
be
held
ratio of one new share
of record July 13.
The
rata on subscriptions for
made by persons not holding
pro
were
170, p. 306.
Melville Shoe Corp.—July Sales Declines
Period End.
Retail
July 31—
sales
170,
p.
$4,831,560
—
changes
June
4,500, the highest number of
over
hi;:tory
into
of
the
firm,
Paul
On
$1,798,140
205,464
183,036
207,940
195,000
195,000
$1.05
commenced
on
the
740
workers, bringing the total
radio and television employees in
Galvin, President, announced on
seem
of
,
$33,822,368,
or
nearly
$0.94
$1.06
July
11
company's
Earnings,
Motorola opened
These
over-all
the facilities
are
$7,000,000 greater than the correspond¬
too, achieved a new peacetime high.
a
new
television
which
television
production
at
Detroit
Ann St.,
Stock Exchange
N.
W.,
par
value
July 29,
on
Grand Rapids, Mich.,
as transfer agent, and the Michigan Trust Co., Grand Rapids,
registrar for the stock.—V. 170, p. 8.
to
its
as
Consolidated
Gas Co.—Adding Large Num¬
Heating Gas Customers—
announced that this company is receiving a tremendous response
announcement
that it is
in a
"
•
position to add
/'.
new
space
heating
the Michigan Public Service Commission lifted the ban
space heating customer additions which it imposed on the com¬
July
new
29
April 12, 1946.
Between
Aug.
l
and
the
close
"
of business
'
on
(G. C.)
of 30%
at
the
for 9,170 gas space heating application. This
the 109,522 total space heating customers
over
1948
year-end.
increase
In
40%.
over
Murphy Co.—July Sales Off 3.88%—
Sales
keep
170,
p.
206.
,
1949— Month—1948
3,
the
is
on
a
:
;
1949—7 Mos.—1948
$10,361,130 $10,779,895 $72,855,707 $68,343,021
There were 211 stores In operation at the close of July, 1949, as com¬
pared to 210 stores in operation at the close of July, 1948.—V. lip,
p. 109.
Daniel
P.
at Purdue
Cahill,
director
Univcr ity,
of
the
Life
York—Appointment
Insurance
Marketing Institute
has been appointed Supervisor of Schools for this
is announced by Roger Hull, Vice-President and Manager
The appointment Is eifective Sept. 15.
Mr. Cahill, who has had more than 20 years' experience in the life
insurance field,
will organize and conduct regional training schools
under the company's three-year training program for field representa¬
company, it
of Agencies.
tives.—V.
.
Aug.
170,
p.
400.
company
accepted space heating applications from 24,449 customers, of whom
21,994 are located in
the city of Detroit.
In addition, it received
requests
of
production.—V.
Mutual Life Insurance Co. of New
It is
an
full-scale
Period End. July 31—
acts
Michigan
plant,
facilities
the newly-hired workers will help to
195,000
charges and Federal taxes.
The company's office,
V.
latter part of this year and
very favorable indeed," Mr. Galvin stated.
corporation recently announced a hew six-month peacetime sales
1950
The
the
$2,039,533
$2,835,596
capital shares
stock
waste
"Prospects for business throughout the
1947
1948
1949
Trading in the 195,000 shares of issued and outstanding $1
1949.
less
>■-'
8.
Aug.
$8,304,600 $51,570,900 $54,429,300
Earned per share
common
and
This corporation is hiring 1,000 additional
-Earnings—Listing—
30—
profit
of
speed
Motorola Inc.—Attains Peak Employment—
1949—6 Mos.—1948
1949—Month—1948
i—
Number
machine
appointment of Walter L. Campbell of Canton, Mass., as Assist¬
company's Merrimac Divi ion, has been
by Edmund Greene, Division Advertising Manager,
Prior to joining Monsanto, Mr. Campbell was employed by the Pitts¬
burgh Ordnance District, Gulf Oil Corp. and the air conditioning divi¬
sion of Westinghouse Electric Corp.—V. 170, p. 307.
record
Ended
in
The
ing figure for 1948.
Months
and
pre-
new
announced
to
Michigan Bumper Corp.
Six
States
a
ant Advertising Manager of the
$6,051,155 $39,503,073 $41,839,982
108.
p.
United
Mertone,
20.2%—
495.
$7,142,500
170,
the
of
,
1949—7 Mos.—1948
1943—Month—1948
Period End. July 31—
—V.
in
application
New Appointment—
to
share
remaining
printing' speeds, fewer
through over-exposure.
total.
offering
per
blueprinters
for
the blueprint pre-coating product include greater latitude
for
in
the
Under
pany on
sinking fund
interest.—V.
been
have
coating for blueprint paper, the company announced on Aug. 4.
Produced and developed by Monsanto's Merrimac Division, Mertone
produces prints with uniform deep blue backgrounds without burning
out the faint lines of tracings, the company reports.
Other claims by
Monsanto
Maracaibo Oil Exploration Co.—Stock Sold—
40%
Approximately
Canada
City.
assets have
and
Monsanto Chemical Co.—Licenses New Product—
Aug.
on
Fordyce, eighth President,
1939.
December,
in
entered
company
During
on
Banking and Trusts, trustee, 15th
Pa., will until 3 p.m. on Aug. 23,
proposals for the sale to it of 3V2%
series
at
for
1,829,219
306.
p.
interstate
Exchange
306.
p.
customers.: .T/
Lehigh Coal & Navigation Co.—Tenders Sought—
The
2,912,895
$6,920,761
largest crude oil lines in
The
a
their companies.
to merge
5
more
On
and
54,677
3,220,895
taxes
deductions
This
Co.—Secondary Offer¬
Wis.,
ber of Space
preferred stock.
change in fiscal year, there are
the corresponding three months
68,619
$6,435,212
announcement
compared
as
construction
stockholders
The
Aug.
$0 81
on
2,402,619
2,964,366
adjusts—
acqui.
(net)
1,000-mile
new
1949
772,000
293,400
.
profit
Common
$30,642,339
$13,947,841
depreciation
Federal
for
plant
&
Contracts
its
tional
year,
McGraw Electric
♦After
ENDED
1948
2,085,850
.
utility
income
170,
It
$1,000,000 steam power plant at
has been awarded to this company, an engineering
ond construction firm, by Dairyland Power Co-operative of Lacrosse,
Wis., according to Donald W. Neville, Vice-President.
The
18,000-kilowatt plant, located on the Mississippi River,
will
furnish power for farms in Wisconsin and Iowa.—V. 169, p. 2421.
♦Net
1949—7 Mo*:.—1948
—
income
Net
THREE
1949
Mid-Valley Pipeline Co., St. Louis, Mo.—To Construct
the
,
secondary offering of 4,853 shares of common
(no par) by Lee Higginson Corp., was announced
Sales
Net
space
$42,481,596 $39,393,762
9,021,364
8,838,522
16,139,727
21,090,627
,
income
Net
company
kwh.,
last
Sales
61,433,477 441,499,528 436,203,602
1949—Month—1948
potential
—
of
income
Income
and
in these companies.-
Cassville,
The average number of stores in operation during the four weeks
July
16, 1949, was 2,265, compared with 2,452 in the cor¬
responding period of last year.—V. 170, p. 306.
Lane Bryant,
of
believes
ACCOUNT
—
Minnesota Mining & Mfg.
ended
Period End. July 31—
INCOME
Operating income
Other
Co.
1,000-Mile Crude Oil Pipeline—
sale
the pro¬
the sale in
of
Mercantile Stores Co., Inc.—July Sales Off 14%—
$
from
—_—
miscel. Federal
income tax payable
local,
Federal
(F. H.) McGraw & Co.—New Contract—
A
1949—28 Wks.—1948
$
60,536,117
applications
Operation
such
shares
part
proceeds
The stock, offered at $33.25
subscribed.—V. 167, p. 1366.
Kroger Co.—Current Sales 1% Lower—
$
all
accept
Gas
prospective demand is such that the pipe line
its application to the FPC to add enough
to boost annual delivery capacity to the 75,000,000,000
year figure requested in its original application
Depreciation
Sale
proposed
any
$9,800,000
Aug. 9.
—V.
1949—4 Wks.—1948
to
pux*chased for resale
State,
to
feet
renew
Operating revenues—gas
Gas
the
capacity
cubic
the
to
CONSOLIDATED
the
Period End. July 16—
a
may
approval of
compressor
12 Months Ended June 30—
would
companies has been informed, and the registration statements
when Standard will dispose of the remainder of its
stock
zones.
this structure
on
cubic
able
have
.
ing—A
large gas distillate
multiplicity
on
compressors
received
56,575,000,000
to
shares
stock
by the SEC oh Aug. 8, 1941 to dispose of all
Oklahoma and Louisville companies. Neither
the
in
of
parts
such
outstanding.
from
proceeds
apply
to
total
aggregate
an
from
issued
presently
all
companies
ordered
was
of
Louisville
the
in
"From the seismic information
its
Sale
company
affect
not
of
Louisville
for the week ended Aug. 6, 1949,
with 43,881,000 kwh.
for the
decrease of 25.3%. After excluding
sales to other utilities, local sales increased 4.1% in the corresponding
period.—V. 170, p. 495.
"On
ical
be
customers,
will
recently
sufficient
line
be
1951,
Weekly Output Decreased 25.3%—
on
on
will
Co.
add
new
would
now
or
year,
which
designate
state,
holdings
reserve.
duced
reserve
will
Gulf
July 14, 1949, flowed at the rate of 1,200,000 cubic
17-hour test against 600-pound separator back pres¬
sure
with
750-pound tubing pressure.
During this period the well
produced 17 barrels of water white condensate at a ratio of 63,000-1.
feet
bids,
percentage in that company from 19.97%
Oklahoma stock would reduce Standard's
proposes
holdings
James
publication, "Kermac News," says:
completion of well A-la, State Lease 750, Block 28. Oyster
of Mexico, Kerr-McGee, Phillips and Stanolind have
the
Area,
it
affiliate
to
its
of
It
1950 and
estimates
155,000,000 cubic feet a day.
management of Michigan Consolidated
a
the
heating
the
issuing
liquidation
Standard
of
office
corporation's
"With
that
Commission
that
the years
(The) Manhattan Life Insurance Co.—Enters 100th Yr.
Kerr-McGee Oil Industries, Inc.—Confirms New
Distillate Producing Area in the Gulf of Mexico—
The
of
6, 1948 and due Dec. 3, 1949.
Registration statements have been filed
Oklahoma covering their respective stocks.
107.
p.
of these blocks of stock
one
dated Nov.
This
Lite
only
application
of
that
receive
the
Standard
ceeds.
of
in
McGraw
Land
While
Gross
the
Material
Kern
gas
Amortization
made
receipt
Standard.
company
will
of
by
shares
would
either
Standard
neither
the
to
by
sale
and
percentage
basis
entire
plan,
the
such
owned
voting
ble, "is only narrowly so", and that it could be improved by simplifica¬
tion
of
Standard's
reduce
plan, the Commission concluded that this
"it does not accord the creditors of the
because
has
Ludlow Manufacturing & Sales
Advisory Report in the
District
Co.
from the expec¬
sold.
covered
corresponding
Keeshin Freight Lines, Inc.—Corporate Reorganization
SEC
Electric
prior
time
be
to
shares
Oklahoma
of
494.
p.
and
Standard proposes to sell
some
block
Electric
The Central Hanover ,Bank & Trust
Co., New York, N. Y., has been
appointed co-registrar for the common stock, $8.75 par value and pre¬
ferred stock,
Gas
(Ky.)—Stock Registered
application to the SEC
for authorization to sell at competitive bidding either 250,000 shares
of
common
stock
(no par)
of Louisville Gas and Electric Co. or
200,000 shares of common stock
($20 par)
of Oklahoma Gas and
$79,504,588
107.
p.
Louisville Gas & Electric Co.
totaled
U.
to
Commission
Management
was
deliverability
natural
part of this year's program will be financed through
bank
loans.
The
company
recently sold $16,000,000 of
privately to four insurance companies.
In addition, it
expects to raise an addition $6,000,000 to carry forward its construction
program.
The Nassau & Suffolk Lighting Co. (subsidiary) earlier this
year borrowed $3,800,000 in short-term bank loans in order to retire
$2,820,000
outstanding first mortgage bonds and $700,000 in bank
loans, with the remainder added to working capital.—V. 169, J). 2529.
1949—28 Wks.—1948
$12,305,715 $11,122,461
Kansas Power & Light Co.—Co-Registrar—
The
expect
Power
operating.
have been conservative.
Power
increase
short-term
of
Jewel Tea Co., Inc—Current Sales Gained 10.6%—
—V.
two subsidiaries
its
line
Michigan-Wisconsin Pipe Line
107 and 7.
although
say,
and,
1948
1949
$12,072,053 $10,172,442
6,231,509
5,391,534
786,481
696,965
revenues
Depreciation
Other
and
company
Electric Co.
12 Months Ended June 30—
Operating
to
the Federal
to
45,000 such customers in each of
new
Maintenance
Light Co. is a subsidiary of United Light & Rail¬
Co., which also had controlled San Antonio prior to divesting it
under
requirements of the Utility Holding Company Act.—V.
169,
General
prove
Approved—
pp.
spend $14,000,000
on their expansion programs this year and $26,000,000 in
the following
two years in order to meet the growing demand for electric and gas
service.
No new public financing will be necessary in 1949, officials
&
ways
Federal
170,
debentures
elected
been
at
below.—V.
operating head of San Antonio Public Service Co.
as
The
mortgage
Light Co.—Elects Gussett President—
duties
preliminary
a
signed
Privately—On
170, p. 6.
Gussett
his
assume
first
$1,000,000
1979.—V.
Iowa Power &
N.
Co.—Sells Bonds
last company placed privately with two insur¬
Co.
Long Island Lighting Co.—To Borrow from-Banks—
$4,363,248
—V.
Electric
McGraw
the
Federal
1949—Month—1948
1946—6 Mos.—1948
$5,055,610 $26,599,072 $30,867,297
31—
Bales
will
See
made
add
after
Period End. July
7
tation that the affiliate, Michigan-Wisconsin Pipe Line Co., will com¬
plete its natural gas pipe line from Hugoton, Kansas, to Detroit and
other Michigan and Wisconsin communities by Dec. 1, or by the start
of the heavy gas consuming winter heating season.
The heavy
respone for gas
for space heating bears out company
106.
p.
"<
CHRONICLE
Dixon, President, has been elected Chairman of the Board
to succeed Samuel G. Allen, resigned. Dan S. Ellis, Vice-President, has
been elected President, and Walter A.
Rentschler, Vice-President, be¬
Bank of Bermuda,
stockholders.—V.
to
^ FINANCIAL
Lima-Hamilton Corp.—Changes in Personnel—
International Match Realization Co., Ltd.—Dividend—
This
COMMERCIAL
THE
Number 4829
170
Volume
total
gain
system lines
National Airlines, Inc.—New Vice-President—
Walter
Sternberg has been appointed Vice-President—Sales, effective
He is now an Assistant Vice-President of American Air¬
Sept.
6.
lines,
Inc.—V.
170, p.
400.
%
THE
(596)
Fibres, Inc.—Merger Effective—
National Automotive
R. Millar, President, en Aug. 10 announced that the merger with
corporation of the 66-year-old California Cotton Mills Co., which
became effective Aug. 1, has extended National's operations into two
shares
additional
should
cities,
result
The
in
greater
diversification
stable earning record.
mere
California
company
1883 and its plants in
incorporated in
was
and
product
of
provided
a
three cities have approximately 350,(00 square feet of floor space.
It
produces a variety of textile products which are marketed nationWide
through wholesalers, Jobbers and by direct sale to manufactUfCrS
•.
v
•
-'*■
{ •'
^
of
In
been
and
CHRONICLE
with
compares
net
per share,
reported on March 31,
these net asset values, the report stales,
made
for
Federal
income
tax
unrealized
on
assets
that
such
proiits
di.tributed
are
appreciation
as
,
in
in
year
which
Net
Its plant in Uniontown, Ala., consists of a modern cotton
village.
This mill manufactures carded yarns, wrapping
dye plant.
mill
mill
and
169,
1949, were distributed approxi¬
slocks, 66.8%; preferred stocks, 6.5%, and
common
twines, seine twined; mops, trot line and staging, and operates a dye
plant for dyeing twines and yarns.
The plant in Salem, Ore., pro¬
duces linen floor coverings and ilax rugs, which are sold under the
banks, U. 8. Government obligations,
also manufactures cotton mops.
been affiliated since 1928 when National
organized and acquired
some of Cotton's patents and
assets,
Which helped National put the manufacture of automobile upholstery
and interior textile trim products on a mass production basis for the
first time.
Explaining how a more stable earning record should result
from the merger. Mr. Millar said that, historically, earnings of both
companies have shown wide variations between the more successful
ihd the less successful years of their operations, yet the more Success¬
ful years have not always been identical for both companies.
This merger, in the opinion of the management, will place National
Jh a very favorable position to increase its textile operations on the
Pacific
Coast,
when
the
textile
machinery market justifies such
This
"Flaxtex."
heme
The
companies
two
plant
have
ekpansion.
;•
1
and
union
.
.
,
.
.
cotton producing states in
Pacific Coast, which has so
is how one of the largest raw
California
the
of
population
the
the
presents a large potential
riapidly increased during the past ten years,
textiles.
iharket for
large block of stock
jh National and National
of stock in California
Cotton.
The additional stock that had to be issued by National to
take over Cotton was a very small number of shares.
The manage¬
ment considered it much more economical to operate both companies
California
previously owned
owned a large block
Mills
Cotton
Co.
The merger will also result in
dividends.—V. 170, p. 496.
than separately.
inter-company
one,
rather
Saving of taxes
as
a
on
a
SEC
has
shire
Electric
Power
Worcester
loans
and
from
Aug.
&
These
1,
be
1949
to
companies,
hearing be held on applications filed
Co.,
Beverly Gas & Electric Co.,
a
Co., Granite States Electric Co., North¬
Salem Gas Light Co., Southern Berk¬
Worcester County
Electric Co.,
and
Co,
made
Sept.
to
1949,
all
to
from
obtain
30,
time
1949
time
would
during
to
make
be
the
period
evidenced
by
the
week
unsecured
promissory
Association—Output—
month
000 cu.
of
e
ft.
30—
ended
31,742,000
——!
Net sales
Cost
of
$16,508,292 $27,936,411 $31,896,306
12,179,117
20,474,288 23,686,667
$12,8x0.699
9,566,455
goods sold—
fefelling, admin, and
gen-
the
on
1,607,868
$1,636."76
3,243,155
$4,218,968
70,254
112,084
2,664,821
$5,544,828
1,358,014
$2,971,161
28,611
eral expenses
—
the
basis
The
Operating
profit-
Other income
157,830
The
of
one
and
No
shares
privilege
share
new
other
and
the
for
sale
new
offered
share
purchasing
each
of
be
to
are
one
of
for
details
underwriter is
proceeds from
$1,250,000
the
the basis of
on
share
the
for
to
each
Total
$1,6'*4,('87
—
$3,083,245
168,641
370,760
Prov. for income
shares
shares
taxes.
555,000
1,099,000
1,504,000
2,030,000
00.133
$1,815,604
$2,414,462
$3,337,537
2,112,336
2,112,336
2,112,336
2,112,336
$0.81
$1.05
$1.49
_
$
profit
Common
teams,
shares outstdg.
be
to
are
to
are
be
used
to
stock
common
share.
com.
per
NOTE
Provision
—
deprec.,
amortiz.
above
incl.
EARNINGS
investments
$998,827
$1,189,647
$525,695
$329,041
*-V. 169, p. 2316.
(COMPANY
Other
long-term
by
notes
in
1943
debt
1948
$2,739,615
215,141
805,636
Bearing
Co.,
Wholly-Owned
(&
Inc.
8^816
return)
income
taxes
(on
2,388
117,477
premium—
1,458
10,207
Cr200
less
expense
Federal
(Inclu.
of
1949—6 Mos.—1948
1949—3 Mos.—1548
$2,053 077
100,084
tflofit —-i---
2,269,677
1,170,188
$1,002 357
2,155,087
$2,030,829^ $1,564,046
$781,421
600,478
494,905
"
Ekpepses
Operating
Income
profit
deduct.
Federal
and
962,297
$286,516
$850,931
to
Preferred
50,283
13,649
66,054
22,923
(neti__
in¬
profit
•Based
115,848
329,373
242,122
$207,624
—
$157,019
$455,504
$336,704
$1.07
$0.82
$2.38
$1.76
'
—
191,780
on
14.240.192
52,784,473
54,854,175
8,643,390
10,751,589
35,038,983
38,700,490
203,337
278,789
812,429
1,441,443
3,846,727
11,030,378
35,851,412
40,141,933
3,135.834
2,138,930
11,604,643
6,966,491
5,710,893
8,891,448
24,246,769
33,175,442
3,426,000
8,426,000
33,704,000
33,704,000
465,448
$9,457,231
shares.—V.
__
the
effect
of
interim
170,
available
$2,003,356
sinking
Earns,
Bal.
fund
{Jan.
to
1
June
$Deficit.—V.
170,
Automatic
announced
was
dividends
to
$2.42
the
for
On
June
Which
$2..52
Merchandise
Dec.
we
expected
of
requirements!
before sink,
shr.
com.
shares
common
the
time
same
market.
the
of
The
sink,
after
company
mark .fcs,
$1,654,043
Whirlpool
31.
and
1948
to
supply
to
had
at
the
some
in
preferred
compared with
number
operation
as
of
658
with
compared
$1.33
$0.91
shares.
stores,
have
June
letter
682,
of
abroad
operating
1949
revenues
Operating expenses
Power, gas and steam
1948
$28,834,666 $27,082,977
15,637.274
15,655,195
1,877,094
1,711,085
purchased
Maintenance
la t
half
this
of
retire,
for
taxes other
of
plant,
prop.,
than
Fed.
& equipment—
income
$3,603,983
135,294
1,607,295
2,485,359
income
income
_
from
various
Wiles
part
of
New
deductions,
England Gas
322,074
Electric
313,662
843,580
subsidiaries—
and
$3,739,277
733,579
$3,490,952
Other
A
d snosal
on
sale
of
of
f 'xed
»:
s»t.-
_
routes
wagon
1,259,266
$1,799,647
Credit
tax
Total
sales
and
sales
and
of
Provision
for
Interest
otner
9,408
June 14,'47
92,437,911
13.914
—
income—
expenses
.
depreciat'on—
for
Federal
_
_
80,807
resulting
from
filing
of
consol.
125.204,307
124,004.604
Malartic
Mines,
120,411,339
89,312,333
438,142
302,095
20.842
26,714
1,200,000
910,000
2,004,712
1,934,281
Preferred
9,107,104
6,544,903
Total
—_„_——13,628,956
Preferred dividends paid or declared
65.800
dividends
paid
declared
or
^Balance end of period—_
♦Earnings
♦Based
—V.
per
170,
p.
of
shares
769,380
12,793.776
—
share'.——
common
number
on
dividend
sinking
Earnings
349,312
special stockholders'
Aug.
fund
p.
meeting
11,041.385
8,012.479
72.319
40,163
318,138
480,871
10,488,195
$2.52
outstanding
at
7,654,178
$2.91
end
of
$2.23
each
period.
Int.
1649
income
—.
Divs. declared from
plus
Bal.
—
surplus
on
1948
$179,170
$188,074
$176,147
7.053
6,374
8.469
$187,639
$195,127
$182,521
13,231
22,705
20,818
19,185
$171,705
for
common
shares
$1,897,286
$164,934
will
changes
$163,336
108,000
108,000
108,000
$1.52
share
after
$2,953,750 $12,095,252 $14,029,883
260,781
255.451
912,680
938,883
135,000
120,000
578,000
630,000
19,138
16,926
75,235
114,252
5,961
9,341
29,011
45,953
tax
notes
loan
per
$2,497,210
share—
com.
$63,775
$56,934
$66,309
$55,336
98.228
109,058
229,642
1,200,036
The, corporation reports
for the six months ended June 30
°- ?r
i61 based on market quotations on that
fc? iofier^?uc
? the dividend of 15 cents per share payable
July 15, 1949. This is equivalent to $25.03
*
per
share
on
the
360,000
$2,552,032 $10,500,326 $12,300,796
$0.29
$0.30
$1.22
$1.43
ENDED JUNE
30,
12 MONTHS
1S43
Light & Power Co.
and Subsidiaries)
Total
operating revenues
Operating expenses
$12* 005 201
61,553,608
Definitive
able
at
51.06
fund
i
Provision
first
Trust
Co.
of
series
New
due
York,
Net
1978
are
avail¬
now
140' Broadway,
New
p. 401.
declared the following dividends, from investment
special stock of this corporation, payable
Aug. 25 to
holders of record Aug. 5 (see first column below-with three previous
payments shown as comparison):
Industrial Series—
8-25-49
5-25-49
2-25-49
11-25-48
_.
supply
A-:
$0.10
$0.14
.10
.09
.04
.07
.08
.07
.12
.09
.10
.20
.10
Insurance
.18
.08
.10
.10
.07
.11
.10
.12
.25
.21
.13
.13
Metals
.09
.10
.12
Oil
.25
.18
.17
.32
.04
.04
.02
forma
forma
The
.07
.05
.06
.10
.10
Diversified
.09
.09
.10
Steel
.10
.10
.14
Inv.
-
$26,580,668
(net)
net
4,843,591
2,475,345
:
185,458
income
earnings
American
reduction
with
ance
$18,976,274
share
per
of
stock
common
of
The
Co
$2.21
in
ana
this
year's corporate net income is due entirely to
investments by North American in compli¬
sales
of
requirements
the
Public Utility
ended June
30
$2,560,000
last
in
year,
of the Securities and Exchange Commission
Holding Company Act. During the 12 months
North American received dividends amounting
of
excess
the
received
amount
period from investments which have been
stockholders
can
sold.
or
current
the
In
ment securities,
of
1948,
main,
The
North
during
distributed
such
to
dividend
the
North
current
Ameri¬
has been
income
to its stockholders.
American
Co.
June
on
30,
1949
consisting almost entirely of cash and U. S. Govern¬
while current liabilities totaled $2,795,000. At the end
current
$4,477,000,
of
assets
$13,620,000,
were
assets
$15,618,000
Were
bank
including
liabilities
current
and
of $1,561,000
loans
which
have
since
were
been
retired.
Three
The
1949 and 1948 on the common stocks of
quarter earnings for
the operating companies
Union
Months
Electric
Ended
were
June
of
Missouri
Power
Kansas
follows:
as
1949
1948
subsidiaries
$2,705,575
$1,955,621
and subsidiiary
912,502
865,461
30—
Co.
and
&
Light Co.
Missouri
West
Power & Light Co.____
Kentucky Coal Co. and subsidiaries
219,265
177,221
—
992,779
926,865
—
$4,830,121
$3,825,168
—.—-
Total
.17
'
•
.13
.17
.14
.12
.18
.15
-15
.18
.19
.04
o
.05
.04
.05
.03
*.04
.18
.07
.07
.07
.08
.14
.15
.15
.22
.15
.13
.15
.23
170, p. 207.
—
__
The expansion program of our operating utilities is progressing on
schedule to meet the increasing demands for service which are ex¬
pected in line with the long-term trend as well as to supplement the
existing reserve capacity which is still too low in soite of tne accelera¬
.06
Railroad
1,314,145
__—
dividends of subsidiaries
North
.20
.07
.12
utility
_
.12
.05
stock
Machinery
.0,J
.08
.10
Food
.09
.08
equipment
$25,266,523
deductions
Pro
.15
.04
.08
stock
$0.10
.03
__
$0.10
.03
Aviation
revenues
charges
Preferred
Second
.10
-
——4.
10,634,461
reserves
revenues
income
Gross
Total
the
Agricultural
10,384,147
—
transferred from The North American Co.
The directors have
Automobile
9,027,775
taxes
depreciation
for
operating
Nonoperating
New York Stocks, Inc.—Distributions—
on
income
Appropriations
to
mortgage bonds, 3%
Guaranty
for
distributions
496.
the
,ot>/
Taxes, other than income taxes—
$1.27
$1.25
sinking
___.
Tobacco
sold
1949—6 Mos.—1948
$2,926,526 $11,951,685 $13,906,998
27,224
143,567
122,906
Herbert C. Freeman,-President, on Aug. 8 said in part:
York, N. Y., in exchange for temporary bonds.—V. 170,
Public
$174,309
income-
capital
PRO FORMA CONSOLIDATED INCOME STATEMENT FOR
$1,579,274
.04
ro^PT^ff
the
$2,918,090
income
bank
Earns,
Pro
(before
requirements)—
share before sinking fund
.15
1046
$194,975
103,000
ecur.
consider
$2,879,584
income
under
Electrical
1947
sur¬
income
Net prof,
$194 091
10 844
Total income
-1.—
Operating expenses, etc.
+Net
•
bonds.—
on
and creaton
of
The authorized
38,506
income
on
Net
common
Chemical
Corp.—Earnings—
____
Interest
to
1949—3 Mos.—1948
dividends.
income
taxes
Other
New Jersey Power & Light Co.—Definitive
Bonds-
Building
National Shares
available
per
170,
Bank
6 Mos. End. June 30—
Dividends received
Canada—
23..
from
Total
349,312
_______
income
8.
„
Toronto,
exchange
of
outstanding .'hares
shares is planned by this company.
new
held
$1,928,586
requirements-
requirements
Balance per comnion
1,467,576
11.624,244
31
15 629
_
Cbmmon
Ltd.,
will be 4,000,000 shares.
Interest
495,817
$2,246,593
surplus
92,518,713
121,400.866
1.249.C00
-
taxes
Net income
fealnnce surplus at Dec.
trans¬
voltages common in foreign countries.
the Automatic has been received from
foreign order for
Expenses
income
446,951
to
requirements
94,167
534,100
—
x.-
—
Ptoviion
the
for
new
North American Co.—Income Statement—
$1,432,769
return
Balance
—V.
Cost
a
169, p. 2212.
Period End. June 30--
$2,692,035
Association
normally
Balance
June 19,'48
125,213,715 123,896,523
on
of
Maintenance
$4,656,607
$18,156,725
but can
this year.
1949,
June ?8,'49
Prof t
available
_.
1,691,305
declined
18,
J ear.
Jan. 1 to—
Profit
became
development
2,020.057
134,231
for
2,259,357
1,824,975
2,713,588
$4,522,376
Prov.
of
the
first six periods
of 1949, $1,033,000 has been added to
company's investment ;n ;->ore and other equipment. The company
plans to continue Its modernization prograih in effect for the past
few years, and expects to av ac .ass the same amount to
its invest¬
the
Ironer
follows
one-for-four
3,161,666
Other
which
For
for
fct
.
the
for
Norbenite
Federal
EARNINGS
the
ment
available
now
Split-Up—
$1.11
$1.11
1948.
inventories
$16,9°9 251
increase
is
in charge of export
manufacturer of home
Sparks,
largest
$1,377,739
require.
12-Months Ended June 30—
Other
like
19,
June
on
machine
D.
world's
1
units
two
initial
France. —V.
Interest
require—.
fund
fund
CONSOLIDATED
Operating
common,
on
at
m
Jack
corporation,
equipment.
former suitable
349,312
(before
equivalent after
outstanding
the
1949
included
§69 included meat markets
-At
$2 004,712,
cor""s^onding
18,
580
tc
share
per
$528,558
$26,000,-
at
401.
p.
washing
by
this
of
the
At
be
for the first tlx periods of 1949
company
amounted
13)
estimated
increases,
basis, authorized by the Public Service Commission,
York, effective June 9, 1949.1 Such interim rates expire
1949.
laundry
$1,727,051
349,312
shr.
com.
per
per
for
Prov.
307.
p.
Chicago—Earnings—
kThe net profit of this
.
rate
annual
(Including North American
National Tea Co.,
288,814,152
36,242
requirements
_
Net
13,922,068
$2,715,107
it
Income
Balance
Total
147,961
Earns, per share
74,890,616 330,692,164
Whirlpool
export,
$1,690,809
filing of consolidated tax
surplus
dividend
$601,749
taxes
come
1,179,898
$401,879
state
$1,972,168
31,187
$3,719,133
$4,300,506
$1,951,609
1 050,720
sales
Gro S
<_
resulting from
Balance
Cost
$
85,446,098
99.382,397*418,515,620 382,368,317
and Arrowhead Rubber Co.)
Seal Co.
National
sales
S
*108,011,556
Nineteen Hundred Corp.—Whirlpool Automatic Enters
A
return
Period End. June 30—
Net
1949—12 Mos.—1948
$
Export Market—
basis
income
Credit
11,566,817 ; 17,550,462
1949—3 Mos.—1943
719,524
_
for
Net
Motor
National
3.032,926
New
31,
capital
Subs.) —Earnings—
2,764,084
167,996,580 147,389,125
expenses
an
of
Dec.
sub-
29,400
debt
of
separate
of
on
Sale
245,121
interest
Provision
20,978,294
678,380
revenues
*Includes
ONLY)
$3,178,421
Miscellaneous
and
deplet.
OF
income
Amortization
lor
17,204,981
Balance
The
added
short-term
pay
Expenses and taxes other than federal incl taxes
on
28,674,025
3.460,145
deductions
activities
12 Months Ended June 30—
Interest
23,079,684
3,509,164
income
charges—.
Dividends
presently held.
offering
named.
additional
SUMMARY
Total
Net
4,708.667
income
Net
foreign
$5,702,658
335,121
$4,289,222
209,854
income
deductions
20,489,182
5,104,174
income
Interest
present
10
unsubscribed
sidi^rics
Other
Total
State
additional
of
terms
amendment.
33,657,994 213,281,245 197,041,444
28,690,356
operating income
income
(net)
Other
000
reported,
stockholders
with
37,303,694
_
operating
Net
ft., or 6.53% below production of 436,036,corresponding month a year ago.—V. 170, p. 496.
for the
previously
common
held,
608,535
revenues—
expenses
95,238
$
cu.
Association
on
Aug.
10
filed
a
registration statement with
Securities and Exchange Commission proposing the sale of
124,601
shares of its common stock, $8 par value.
As
197,049,979
129,488
Period End. June 30—
July 31,
the
1949—6 Mos.—1948
1943—3 Mos.—1948
$
$
33,753,232 213,959,625
rev.
taxes
after
1949—6 Mos.—1948
$
37,433,182
Operating taxes
Aug. 5, this Association reports electric output
This i XU decrease ol 213,760 kwn., or 1.35 % below
This
Period End. June
Net
:■'■■■
s
oper.
Operating
Operating
Operating
Co.—Earnings—
1949—Month—1948
v:
ended
the Association reports electric output
62,375,210 kwh. This is a decrease of 519,349 kwh., or 0.83% below
production of 62,894,559 kwh. ior the corresponding month a year ago.
Gas output for July, 1949, is reported at
454,294,000 cu. ft. This is
decrea
109.
revenues
Uncollectible
of
a
176,920
notes.—
Files With SEC—
(& Subs.)—Earnings—
National Gypsum Co.
Operating
Net
short-term
production of 15,891,851 kwh. for the corresponding »eek a year age.
Gas output lor the Aug, 5 week is reported at
105,263,000 cu. ft. This
is a decrease of 11,427,000 cu. It,, or 9.79% below
production of 116,690,000 cu, ft. for the corresponding week a year ago.the
170, p.
■
Operating
Operating
15,678,091 kwh.
Fcr
567,800
177,766
2,002,336
551,673
7,386
2,043,132
757,705
New York Telephone
part of tne New England Electric System
had previously received authority expiring
issue
2212.
p.
income—
♦Deficit.—V.
un¬
1951.
New England Gas & Electric
For
of
authorization
to
and
due May 31,
system,
company
31,
169,
2,608,560
490,459
132,873
railway
oper.
Electric
Electric
would
promissory notes
holding
July
42,421
income
Period End. June 30—
that
&
Lighting Co.,
Electric
Co.,
Suburban
loans
secured
66,971
railway—2,334,249
from
from
ry.
receivables, 26.7%.
aggregating $2,290,000.
The
V.
ordered
Steam
Massachusetts Electric
hampton
Kfas
52,588
$335,307
80,914
*9,280
108,436
500.
p.
Attleboro
Central
1947
$347,682
129,115
oper.
Net
New England Electric System—Subsidiaries to Borrow
The
with
V 1946
1948
114,547
railway—
From Jan. 1—
Gross
produces
^paper
ry.
Net
_
the corporation on June 30,
follows:
as
—V.
the
m
railway
from
Net
$420,479
■
from
Gross
1949
$402,002
June—
allowance
,
Assets of
mately
stockholders
to
New York Susquehanna & Western RfL—Earnings—
1949.
no
corporation has elected to be taxed under the Internal Revenue
Code as a "regulated Investment company."
As such, it will be re¬
lieved of Federal income tax on iutuic security proiits to the extent
realized..
Monday, August 15, 1949
of
the
cash
■
plant at Oakland, Calif, (where National also has a plant),
carded yarns, wrapping twines, rope, mops, dryer felts for
mills and several other cotton products, and also operates a
Cotton's
FINANCIAL
$25.52
or
computing
has
&
outstanding capital stock,
$9,188,103,
J.
this
COMMERCIAL
tion
of
To
Co.
construction since the
assist
in
shares
of
Union
&
end
of the
war
period.
financing of plant expansion, The North American
purchased
Union Electric
Power
the
in
June
for
Electric
common
$5,000,000
stock.
common
stock
an
total
now
additional
North
issue
American's
10,150,000
shares.
of
307,500
holdings of
The
Kansas
Light
Co., whose equity, capital was increased in
1948 by
through the sale of additional common stock to North
American Light, & Power Co.. recently raised $10,082,000 senior capital
through the public sale of $10,000,000 30-year 2%% mortgage bonds.
$8,500,000
It
is
will
expected
and
that
both
Union
Electric
require additional senior capital over
Fower
&
Light
Union
requiring
Electric
$5,000,000
approximately
and
Kansas
Power
the next 12
probablv
$15,000,000
before
by
months,
the
that
end
time.
&
Light
Kansas
of
1943
Missouri
Volume
Power
170
Number 4829
THE
&
Light will also, it is expected, issue a small amount of, addi¬
tional senior capital later this .year. */'■'•*
'
" •
" *V
: '/•
■
COMMERCIAL
boards
of
funds
the. respective
invested,
are
.
problems
To Distribute Stock of West Kentucky Coal—
-
,
The
directors
The
been
part
1949,
of
part
coal
of the
of
Co.
System since
1905.
Such
holdings
transfer
of
the
has been
total
approved
common
which represents its entire capitalization,
1 to North American stockholders of record
Coal,
Nov.
share
of one
West
will
return
3,
the
that
distributions
have
included
& Electric Co.,
Gas
&
The latter's
Light Co.
American
308-.
p:
The
Detroit
Edison
Oct.
1
is
being
distributed
to
declared
;
cash
a
stockholders
of
dividend
record
of
Sept.
Court
25
accomplished
;
investments
not
was
sufficient
to
install
its
'C■
;v
1,600
suit against this corporation in the U. S.
District)
Wilmington, Del., averring that the plan of reorganization,
a
year ago with the Securities and Exchange Commission,.
over
the
preferred
investment
failure
a
to
H.
J.
of
the
The
primary
dominates
Jr.,
corporation
be
based
this
related
and
dissolved,
companies,
ask"
and
or,
in the alternative, that the
unpaid accumulated dividends on the pre¬
ferred stock.
The complaint is very vague as to
any specific instances
ih
which the corporation is charged
with
failure to carry out its
primary corporate purposes, and*, in the opinion of counsel, does not
cents
170,
•
direct.-it to
customers
the
and
Pennsylvania
169, p, 2317. -
to
right
improve
;
The
corporation this month
manufacturing chemists.
as
Today,
-
this
producer
of
the
company
service
increase
and
to
to
' :
.
corporation
of
celebrating
its
100th
anniversary
:
world-renowned
reputation
fine
and
of
group
antibiotics
of
-
large
a
is
has'a
which
chemicals
include
penicillin
and
is
basic
as
the
largest
streptomycin.
>■
Manufacturing facilities' have expanded continuously over the years'
and
today Pfizer has four large modern plants in Brooklyn, N. Y.;
Groton, Conn.; Terre Haute, Ind.; and Maywood, N. J.
the
of
products
manufactured
-
others,.
.
the
pay
Utility
litigation.'
this
.
that'1
assert
purpose,
in
during the company's first
decade included santonin, iodine preparations,
mercurials, borax, boric
acid,' refined camphor, and the tartars',
j Today, the extensive list of
Pfizer
chemicals
includes, as well as some of the early products,
antibiotics, vitamin':, citrates, Bismuth salts, Oxalates, gluconates and
present values of
that there has been'
aver
corporate
intervene
to
he said, is that "the outcome has a direct im¬
the contractual relations between the
company"
(Chas.) Pfizer & Co., Inc.—Marks 100th Aninversary—
,
Some
the
on
complainants
corporation's
Hillman,
that
stockholders
portfolio.
the
in
customers."—V.
producers
stock, without having made any demand upon they,
submitting any proposal to
the directors or
stock¬
or
upon
Pennsylvania
facilities
permission
9
of
payment
/
requested
this,
effect
its
and
on. the preferred stock.
Since that' time,^
preferred-stock have been' declared and paid con¬
opinion of the board of directors, with the earnings V
,
reason
portant
without
entered
unfair
was
for
told Stockholders that the Pennsylvania Public
has
The
/ »
permit
Walls'also
Commission
was
the
on
at
filed
North
9.—V.
Mr.
management,
registered
this was' stated to be its*
be
(597)
the
in
corporation
//•<;. '. z.\ /■■' .,./, ■ ■
/Z:
Z.
July 8, 1949, certain stockholders, holding approximately
Court
also
to
•"
*
stock
common
possible,
as
the
which
of
annual.;,.dividend
holders,
Pacific
Co.,
full
our
corporation:
;/.'///:.;':
Sept. 1.
on
directors
a'share, payable
of
far
so
companies.'. When
securities
shares'of preferred
basis
The Cleveland Electric Illuminating Co., Wisconsin
Potomac Electric Power Co. and The Kansas Power
American stockholders
North
stock
on
"On
.
Kentucky will be the seventh company whose stock has been
distributed to the stockholders of The North American Co.
Previous
Electric Power Co.,
assist,
the
Company Act of 1940,
change in that policy could
the stockholders.* /
no
in the
results achieved.
American.
West
to
in
from
sistent,
North
the
on
and
dividends
distributed
be
Oct.
companies
CHRONICLE
During the generally depressed economic conditions in the early 30sA
due to the low level of business
activity at that time, the dividend
Kentucky
of West Kentucky on every 10 shares of North
distributed in lieu of fractional shares. /,
will be
Scrip
of
and
such
FINANCIAL
Investment
authorization
Electric
the SEC.
by
jstocck
of
of
the
objective
of
As
Kentucky's properties, including
operations which accounted for about 11%
income in 1948 will be transferred to Union
Missouri.
in
Sept. 1,
about 25% of its
West
net
American's
North American
and
reserves
company's
partial liquidation
and Exchange Com-'
Holding Company Act.
..•/
West Kentucky Coal Co., which has
the
Public Utility
distribution involves
new
a
Aug. 10 authorized a further
requirements of the Securities
on
with
compliance
mission under
under
,
&
A
comprehensive
tributed,
—V.
which
100th
Anniversary
book
significant parts of
the
covers
being
is
the
widely dis¬
history.
company's
169, p. 2423.
establish
-
Northern States Power Co.
Electric
•
totaled
output
of
59,869,000
this
for
compared
kwh.,
as
corresponding week last year,
*
mon
has
company
stock,
through
no
par
initial
an
■holders. Z-
kwh.
for
/
*
have
1949,
stockholders
i'
■»'.
Exchange Commission
1,584,238 shares of its comintends
to
make
the
in
Ohio Associated
sale
on
before
or
Dec.
30,
1949.—V.
'./,
telephone
Ohio Edison Co.—President
.
.
&
no
Approp.
4,254,948
1.184,574
1,015,891
8,864 467
2,277 282
170
1,911,782
8,365,141
1,899,175
res._
1,098,739
982,807
Amort.'z. of limited-term
electric investments-
11,298
11,491
23, 425
1,101,858
982,721
2,120, 834
1,903,746
Taxes (oth. than
for Fed.
on
inc.)
1,061,700
_
1,044,600
■
apply
'C
-
Kentucky
ulti- v
Any
pro
West
Virginia stock.
Philadelphia already owns
the
re¬
60,000 outstanding shares of this common stock and 51,250
outstanding 54,075 shares of Kentucky's 7% cumulative second
preferred stock.-—V. 170, p. 207. ' V:Z' ■' "■
-V.T
''
maining
of
all stockholders
to those who brought the suit.
would accrue
rata
merit,
to
-v
had
company
dividends
'
,
of
Securities' and *
designed to
and elemiriate the.'
corporation
the
on
Philadelphia Electric Co.—Weekly Output—
preferred
stock.—V.
/
kwh.,
Other
-
oper.
revenue;
Gross
Total
$2,456,068
$5,564,717
-
-
♦
will
added to
be
the
.
The
company' estimates
and sale of securities.
The
140
191
Steam
$2,654,500
$2,456,208
$5,564,908
$5,165,119
663,386
1,330,438
1,364,610
Net
$1,792,822
$4,234,470
deductions-
x
3%
Old Poindexter
,2%.%
the end of
Distillery, Inc.—Assets 11c
$3,800,509
have
asked
from
strike
to
registration
value common stock.
The stockholders
the company.—V.
170, p. 401.
(J. C.)
voted
and
late
listing the $1
in
1948
1949—Month—1948
series
170,
1978
4.60%
generalh
■Income
/
'
4y%%
308.
p.
(The)
'*Addition
Total
__i
income
$1,148,874
_„_
Interest" paid _I
other
than
1947
$1,149,616
6,697
Income
3,179
3,019
153,336
109,324
112,160
41,910
11,086
25,798
51.223
•
55.315
52,198
income
•Exlu ive
$919,388
39,094
;
$905,528
of gain or loss on ihvestments.*
realized gain on investments
30,
The
1949,
net
1948,
.The
value
asset
30,
$642,122 (1948,
share of common
per
E.
&
to 31.2
1949,
of
,
cents
$1,561,C00
share
a
compared
With
on
26 9
for
the
the
the
for
and
six
first
the
six
stock
,
v-
■--—
June
of
•
ended
t
2
'
•
i(. Total
income
•
Expenses
Prov.
_
1949
$208,71(1
...
.:.
^
-
Clark
W.
H.
&
&
$208 822
______
i—i——1—11——i_ '
for Fed. taxes on income
>
8,237
1947
2,000
&
2,000
—
$183,401
18,489
*44.750
11,100
:
:
•
—
Income
before
realized
investments
Realized loss
on
Net income
,
8,000
"on
$179,233
investments.!—:•/
———
$131,151
'15,918
30^204
$149,029
—
$137,456
$115,234'
Co.,
in
with
which
a
the
the
the
have
suit
annual
to
received
reeking
United
give
stated
was
inquiries
dissolution
District
made
in
the
of
from
the
Court
letter
stockholders
corporation
of
included
asking
which
Delaware.
in
has
Although
the"
about
been
the
filed
in
reference
to
corporation's
semi¬
report for. the period ended June 30.
1949, we think it advisable
the stockholders further
information.
From
funds
&
States
its
organization
policy
in
of
your
securities
Pennsylvania
in
1927,
corporation
of
to
to
the present time,
invest
industries located in
industrial area, to secure
large
a
or
it has
been
percentage
of
the
its
servicing the Pittsburgh
proper
representation
on
the
802,990
11,671,488
11,671,488
$4,093,666
$1.78
$1.62
.
,
^
*
Mills, Inc.- -Annual Report1948
-
sales
of products
1949
r
Interest
and other
1947
•
$
$
V
.
200,438,933 226,944,725 188,270,196
inoome.
208,586
94,74J'
437,845
and'services--
miscell.
.
&,
&
.
—V,
170, p. 497.
I'.
for
,
*
1,000
*
•
:
—,.
Inc
J
of
for
—
"
«
"
'
:
-
r
*''
'
:
effective.
They
exclude
:
t
-
•
''
'
160
160'
>-
.
*
/
160
■;-;,
,160
• y • ..
'
'
-
'
'
;
-
—-
—.
.
,$1.23,
.
v
the
the
ASSETS—
Inv.
Trade
U. 6,
Sept.
20.
share.
77,271.
3,736,522
368,399
4,634,227
1,098,448
349.007
1,098,448 1
'
$3.51
;
accounts
securities
receivable
Miscell.
accounts
1949 Z
.
on
ham
(at
cost)
<net>
$8,351,618
3,872,645
9,773,639
—
$7.73.
receivable
and
office
equipmentequipment,
to
2,121,319
1,230,825
Goodwill, •' trade-marks, trade names, etc.,
„
V
;r
806,082
1,491,220
552,283"
18,746,694
16,544,068
1,520,206
1,340,386
459,603
460,036
290,926
286,224
$2,991,931
$4,280,875
695.995
1,031,684
136,686
less deprecwholly-owned
rubsid., representing equity in office bldg.__
Miscell. asset's. ■^
.
10,824,038
20,955,045
1,737,309
(net)
advances
$6,852,471
1,268,493
613,483
inland
1948
•
11,424,555
expenses
and
hydraulic rights
Total
:
•-
"LIABILITIES—
.
;
accounts
payable_i__
salaries, wages, and other compensat'n
Employees' 'withholdings accrued'—
Property taxes accrued.—_____——
Accrued
\
1948
338,334 :
$6.13
MAY 31
Bill of lading drafts under collectionInventories, (net)
Advances on grain purchases.
Investment
,
160 .
160
160 ■'■
160
160
SHEET,
J
•
deposit and
Govt,
Automotive and
'
>
$1,232,413
1,081,511
Miscell.
accrued
expense";
,
/ 138,760
$2.39 ;
Terminated
Pending
period included earnings for Janeffect prior to Feb. 1, the date the
.
Federal
employment
claims
and
Long-term debt
"reducing rates" was stated to ben
portions of the-company s
segregated
to
insurance,
t$4 cumulative
Common
stock
,
allowances
361,472" >
284,363
'
363,999
381,647
50,000
taxes
income
on
(unsecured
3V4,%
136,100
1,101,030
2,754,309
note payable
.-1
Total
12,000,000
12,000,000
8,686,000
13,730,600
8,938,700
13,730,600
18,461,245
company)——_______
preferred stock (no par value).
value $25 per share)—_—
(par
Earned" surplus
55After
payable.—
i
«tate
561,225
507,593
——
payable
278,775
281,013
•
Dividends
1949
Walls, President, in a statement to stockholders, called atten¬
tion to the.suit filed by the company on June 30 against Consolidated
to recover $1,204,300 billed for "electric. services
rendered" but not
paid.
Hearings are scheduled to begin in the U. S. District Court for
Maryland
"'
•
demand
on
in
.
A,
33,263
—-i—
common
*Property,- plant
,
160
160
' 160
\
dividends
Prepaid
160
.
.
.
for February through June, V
,
•It was noted also that operating income excludes certain amounts
billed Consolidated Gas Electric Light & Power Co. but not paid.
J.
4,000,000
Net
Cash
x
160
1949
*
-
this
revenues
2,100,000
-income- /
accounts-
expense——-—
BALANCE
160
160
160
,
$729,877
taxes_^___—586,363
year at rates in
Federal, Power Commission's order
uary
630,000
or.
doubtful
'
'
_
160;
•'
Earnings per
160
_
•
for
pltliit'
160
v
1,000,
1,000.
1,000
1,000
1,000
—.
160
160
'i'r
w
^
charges and
figures
taxes
1,098,448
Inactive
♦After preferred dividend requirements.
NOTE—The
460,000
Common
1,000
•Earnings per common, share
::
Federal
Provision
,
160
160
Inc._i—^1,000
operating income
after
165,424 ;
150.000
t
,
,
1,000
y
.... •
Six Months Ended June 30—
Net income
250,876
72,000
187,039
334,515
2,274,155
Pennsylvania Water &, Power Co.-—Earnings—.
Total
141,356
income/—
on
earnings for year.Preferred: dividends1^-/—l-i.1--.—;
-
Co.—.
i
Prov.
taxes
.
;///_//_//
deductions
State
^
;
—
Lynch
Co.
for
188,708,041
1,059,607
320
1,000
1,000
York1 &
Miscellaneous
227,039,466
1,223,043
553,203
*\ i
—
Singer, Deane
Scribner
Suplee, Yeatman & Co., Inc
Thayer, Baker & C0.i_'i__"
W.
;
•
200,647,519
176,414,104 200,084,293 163,535,540
25,000
Cr875,000
19,298,653
20,214,658
15,615,277
expense
Prov;
„
:__
—
inventory valuation-
320
1,000
Dulles &
for
320
320
Co:'1—* 1,000.
&
&
income
Interest
.
...
320
W.
Total
Sell., gen. & admin, expenses--—_
Deprec; of prop/ plant & equipment
\
320
'
Co
Leonard
r
,
640
320
'
i-. .
.
Cost of products sold
Provision
640
.
1,000
1,000
—
Co..
$137,456
connection
2,588,853
802,990
,
Years Ended May 31—
Trade
Abandons Plan of Reorganization—Stockholders
Seek Dissolution—
.T. W. Kirkpatrick, Vice-President and
Secretary, in a letter to the
stockholders, on July 27 said in part:
[
suit
Masten
Warren
"Includes $26,605 of legal fees and expenses in
suit brought
by a stockholder of Pittsburgh Steel
company was one of many defendants.
:y"-.///
We
E.
Wurts,
loss
1
.
2,000
•
;
;
;
Schmidt, Poole & Co..:
Sheridan Bogan.Paul & Co.i
18,154
*
19,156,997
2,993,775
common" stock
2,000
_-
Co
Parrish
$163,610
7,500 //Z'
share Of
per
2,000
2,000
—
Inc
Sons
Inc
Co.
&
Newburger
$155,889^
''/■' 7J21
'
6,871,596
21,093,022
$5,624,769
shareholders."—V. 170, p. 308.
y
720
720
2,000
Co
&
,
4,000
4;000 *
—
Co.—
Rollins
Moore,
'
for stockholders.
26,028,593
>
Philadelphia Transportation Co.—Stockholders' Com*,
Net
1,600
1,600
•
4,500
———
Green, Ellis & Anderson
A.
'
1948
"$175,164
112'
9,523,215
•
•
10,000
Janney &
"—
30,616,237
—
r
558,364
It is announced that Paul W. Hicks (as Chairman) and. Joseph N. ■
(as Secretary-Treasurer)
of 1500 Walnut St., Philadelphia 2, i
Pa., have agreed to serve a committee of seven, the members of which
own
directly and/or.t through beneficial interest in excess of 50,000
shares of the company's preferred and common stock. Samuel
Gordon,/
620-622 Widener
Building, /Philadelphia
7, Pa., will act as Counsel
for the committee. //V:'..;,//; ,://?
//
" /'
Its object, according to a letter to the stockholders, is to help protect >
their interest in properties in view of the many court actions, Public
the:
and
.
4,500
-
'Pennsylvania Industries, Inc.—Earnings—
Interest
—
purchased
•
10,000
—
-
net
Dividends—Cash .and; securities--
25,470,229
616,700
debt and other income charges
Pills bury
be
' *
1,000
1,000
' 1,000
.1,000
Theron D, Conrad & Co., Inc
1,000
DeHaven & Townsend, Crouter & Bodine__—1,000
J, H. Drass & Co., Inc.—
1,000
Elkins, Morris & Co
:___
" 1,000
Graham, Parsons & Co
:
1,000
asset value per share of common
stock'out-'
standing June 30, 1949, is approximately. $11.40,
compared with $11.<39
Dee- 31,' 1948, and fll.37
June 30, 1948.**-V. 169, p. 2317.
■■Vv 6 Mos. Ended June 30—
mortgage
—Number of Shares—
-
Auchincloss, Parker & Redpath
Boennihg &
Booker Brothers,' Inc
;
;
Buckley Securities Corp.;
^
Butcher ;&
Sherrerd
i
Blair F. Claybaugh & Cov—
.
>
.■/•,; :;/~.I
*
to
.
„
.
Brothers
Yarnall
ended
months
months
other
underwriters
several
preferred
new
29,999,537
services—
:
;
;
.
W. H. Newbold's Son & Co.—
E.
5,000,000 chares outstanding
cents
;:Z,z;
,
of
.
Co.——
Reynolds
""
earnings
June 30, 1948..
The estimated
months
six
$440,755).
stock outstanding
12,000 shs..
3,327,868shs.
'
—
$440,511
...
.
the
for
to
$11.37.
was
aggregate
amount
June
amounted
$693,740
...
NOTES—Net
June
of
names
shares
".
.
,
Stroud
"Net
'
Merrill Lynch,
Pierce, Fenner & Beane———Eastman, Dillon & Co
Biddle, Whelen & Co..
_:
$629,433
134,113
exp.
taxes
of
follows:,
as
earnings
property,
•
numbers
are
Lehman
1945
$1,009,214
4,890
3,437
169,915
Extraordinary legal
Federal
by
4,470,273
4y2% Pfd. 4%% Series
Fed.
income.;
limited
-
Kidder, Peabody & Co
€76
„
General expenses
issues
4,806,092
•
Utility Commission hearings on far^ increases and -the "various con¬
flicting factions which are inimical to the best interestes of P.T.C.
63,000 shs.
The First Boston Corp.-
1948
515,000 shs.;
;
5,000,000shs,
s
Pennroad Corp.—Earnings—
Taxes
14,500,000
75,000 shs.
65,938,874 437,295,758 428,709,679
.1949
vi
.
'
.
;
2,012,433
Janr.ey
10,000,000
.r'CVl*
(no par)
11,746,952
11,329,794
.
utility
.
9,824,502 :
2,238,813
on
preferred stock—Dividends on. $1 dividend preference com. stock
Dividends on common stock
Earnings
27,000,000;
1,144,000
515,000 shs.
-
16,975,286
2,154,178 '
14,412,831
Dividends
,
*7'
13,121,400
—V. 170, p. 497.
*
.
1948"
10,861,440
Balance
20,000,000: X
'
-
16,000,000
UNDERWRITERS—The
by each
'•
6 Mos. End. June 30—
.; ;$93,000,000
due Sept, 30,
cum.-
; J-,
income
on
->',
•
:.
7,169,567
2,167,106
taxes
Amount remaining
■
$27,000,000
.1,144,000
series
respective
$
Gross
Interest
1
—$133,953,389 $123,279,816
58,513,276
58,425,633
taxes
from
\
17,344,415
—
.Other income. (net)
.
•
;
,
-
Vh%,
feet)
pounds)
utility services—
from
:
year.
7,425,600
State' and local
FINANCING
series
Common stock
par
1949—7 Mos.—1948
s
60,829,550
x——
'
Drexel
1949
due
.
•
—■
—V.
30,
1977___«_-
provisions.
$
Sales
-
due
cubic
(thousand
Federal, income
■
Penney Co.—July Sales Declined 7.75%—
Period End. July 31—
;
series
-
-
last
1949
kilowatt-hours)
■,
Outstanding
'■"/:■ //v
.
-
pfdi stock-($100 par),
Series pfd. ($100 par), cum
dissolve
to
j
4%%
1948
the SEC
PRESENT
TO
1975
Promissory notes,
J1949
Share—
a
due
3%' sinking fund debs., due 1965
1 % '!<■ serial notes, due Oct. 10, 1950
the remaining assets of this corporation were
equal to 11 cents per share for each of the 476,776 Shares of 'stock
outstanding.
Therefore, the New York Curb Exchange said; the shares
have a "very limited
selling price."
The Exchange added that they
.
series
3 '/4 %
$1,950,323
EFFECT
of
,
Authorized
*First mortgage bonds—
704,177
income
GIVING
week
INCOME ACCOUNT
Operating expenses
Maintenance
Provision- for- depreciation
treasury
funds', cash
retained earnings-and from other internal sources.
CAPITALIZATION,
(thousand
(thousand
Gas
balance, it is expected, will be
generated
from reserves
and
333
corresponding
12 Months Ended June 30—
on
from
the
over
CONSOLIDATED
Other Federal
.
PURPOSE—Net "proceeds'- ($8,787,000)
$5,164,786
108
income
inc.
At
$2,654,392
income
or'0.02%,
Revenues
oversubscribed.
;
ended
170,
'
*
"
The electric output of this
company and its subsidiaries for the week
Aug. 6, 1949 amounted to 137,577,000 kwh., an increase of 34,000
the
reorganization,
J
•
»
with
filed
proposed plan
structure of the
a
*
Net
a
the
Sales—Electric
obtained
2,249,600
2,319,100
without
be
the directors have decided that it is inadvisable
proposed reorganization plan which was filed about a,
it has ^accordingly- been;abandoned;*'
.'
'/(•;'
and
-
the issuance
and State
income taxes
would
to
the. basis of present: conditions that; to z
complete the construction program,
$17,500,000 in addition to the
proceeds from the recent offering-of 415,983 shares of common stock
and the sale of the new preferred stock, will have to be raised from *
23,042
2,116,
found
Securities and Exchange Commission on
Aug. 11 approved the
by this company of. 40,000 shares of no par value common
stock of. Kentucky West Virginia Gas Co., Pittsburgh, Pa. The Phila¬
delphia Co. will pay Louisville Gas & Electric Co. $2,500,000 for the
•
-
Prov.
last
funds of the company.
An amount equivalent to such net proceeds,
together with other funds of the company, will be used for company's
construction program.
SUch- proceeds?, as well as present cash; and *
other resources and cash to be generated from reserves and retained
earnings, will, it is estimated, be sufficient to provide for the com¬
pany's construction expenditures as now contemplated to the middle
Of 1950.
"
"
ACCOUNT
4,452,693
retire.
the
purchase
the
;
,1949- -12 Mos;—1948
$10,748,526 $23,285, 995 $21,517,272
$11,565,254
The
The complaining Z
however,
-
for
within
stock
Philadelphia Co.—Stock Acquisition Approved—
„
asset,
Corp. and Drexel & Co. on Aug. 10 offered 75,000
shares 4^% preferred stock ($100 par, cumulative); and
12,Q00 shares .4 Vz % .series preferred stock ($100 par, cu-mulative). Both issues, offered at 103.75 and dividends,;
1949—6 Mos.—1948
,
today..
net
Pennsylvania Power & Light Co. — Preferred Stocks
Offered—A banking syndicate headed by The First Bos¬
Oklahoma Gas & Electrie Co.—Stock Registered—See
Louisville Gas & Electric Co. above '
—
preferred
Court
special advantage
continue
were
Operating revenues
Operating expenses
Maintenance ,._C—
unusual
its
ton
Southern
INCOME
the
simplify the corporate
accumulated arrearage of
Corp. stockholders.--—See latter company above.—V. 170, p. 497.
Period End. June 30—
of
P. 207."
/;
.
decision
In June,
1948, the
Exchange. Commission
issites Descriptive Circti-J
Commonwealth
COMPARATIVE
their
at all
complaint will be
-
Co.—Negotiating Financ¬
t
the
year -ago,
170,
.:,.z/.;). oz/z/
,..
A
not
with
heard
court,
to
place privately $1,750,000 first mortgage bonds.—V. 170,
p- 308.
<
;
•
;
to
acquired
Meanwhile,
a
Letter
situation
a
commensurate
years,
and
result of negotiations now being completed,
it is expected that, on or about Sept. 1,
company will,
lar
anywhere
two
mate
:
-
due
value
many of the averments of their complaint are inaccurate.
believe that when an answer is filed and the case
fully
and
and
rata offering to its present common stock-,
.• v/Z
'■././/./,
>'y
the .sale are to •be used to retire $15,000,000
proceeds from
of 2%
promissory notes
p. 497.'''
/:/• :///.: ■
market
a
value—which is
the
pro
The
ing—As
5,
.•"We
Securities
from. 1,357,918 to
value.
The company
:/;Z"
■.
Aug.
58,474,000
with
ended
'
requested
sell
to
week
increase of 2.4%.
an
Plans Stock Offering—
The
authorization
the
company
any legal or practical cause for dissolution of the corporation.
principal complaint seems to be that the preferred stock does not
The
(Minn.)—Weekly Output—
17,638,573
$59,290,002 $62,233,173
deducting,
$16,394,952
in
1949
reserve,
depreciation
and
amortization of
in 1948.
(Represented by 86.S60
in 1948.-
for
and $15,411,576
shares in 1949 and 89,387 shares
;
THE
(598)
10
Partial
On
Redemption—
will
be
paid to holders
1, 1949.—V. 163, p. 543.
record
of
the
at
Walter H.
close
of
business
of 20.41
announced
was
Vice-President.
•
The
cents
According
to Dr. J.
H.
Shorts,
Product
Teleglas is the first practically colorless glass
manufactured
detrimental
of light
effects
Radio
Teleglas
of
light.
especially
It
acts
light and
room
the
in
Glass
Plate
Creighton
where
Co.
"Glare-
production-line
the metal-cone picture
a
class
The
Plate
television
developments
holders
implosion
include
v
suit
A
holders
against this
The
the payment of
demanding
the
to
Court
District
beh'df
on
of
Pittsburgh,
at
Adelaide
Mrs;
Neuwirth
the
5%•
between
The
in
$1.25
"a
preferred
"through
of
that
the
directors
sacrifice
to
have
been
said
these
capital and
dividend
K. Rudd, President.
of $5 per class A
within
stock¬
15 days to
the
on
Aug.
$5
and
common
1948.
11,
There
ation
resources
"at
time
a
added
this
that
plan
for the
opportune
would
achieved
be
of
of
by
income
82,992,378
would
as
impede
.
,
.
operations."—V.
170,
bid
its present and reason¬
p.
nearly
1949
at
July
16,
Issue
the
1949
and
50,180,619
44,537,630
Canadian stores
136
and
r
.
139,
in
respectively,
awarded
2%s,
for
75,626
43,870
40,972
sale
23,424
22,342
($5
46,814
18,619
93,471
____
taxes
income
n-i
taxcs„__
Ry, —Equipment
& Mexico
on
bid
a
Salomon
(Inc.)
of
99.643.
Bros.
99.32 for
:
$162,217
2,505
$85,098
4,784
$164,723
$89,882
31,520
25,827
(net)
registration statement
by Eastern States
of St. Regis.
shares
its
Series
Preferred
plus
W.
R.
Hutzler
&
Pressprich
99.714
Co.
&
2Vfes
for
income
deductions
of
share
$133,202
-
and
itr u
x.
Public Service Co. of Indiana, Inc.~-Plans
Acquisition
SfVaS.
shares
860,000
v
of
the
stock
common
St.
basis
for
each
Regis
of
issued
and
Series
St.
of
the
B
Dividend
$6
Regis common stock
A
stock; and 8V3
Series
plus $4.43 in cash for each
addition,
stockholders of Eastern
for
exchange prior to Sept. 2, 1949, will re¬
of $1.75 for each Series A share turned in
B
the amounts representing a pre¬
shares
payable Oct.
1, 1949 to
share,
"
outstanding
an
40,000
and
60,000 shares of Series B stock.
On
1,000,000
shares of the
common
stock
19.3% of such
Service
Co.
stock, to be issued to make the exchange.
will be to exchange
shares
Series
of
stock
A
shares
4»/2
for
common
Public
of
each
Service
share of
Common
Southeastern
for
of
date
ment,—V.
preferred.
Since
Southeastern
has
40,000
shares
of
outstanding
and
4,817
shares
preferred,
a
full
exchange
would mean issuance by Public Service of
81,676 common shares.
The
agreemeht states that an 80% exchange will be
necessary to make the
of
St.
July
2,
being
Eastern
1949
offered,
owned
representing
issued
Regis.
Regis will receive
The
Southeastern
common
securities
and St.
IV2
com¬
share
each
stock
and outstanding, and the 860,000
shares being offered are part of this stock. Eastern does not own
any
other
offer, expected to be made in October,
shares of Public Service
when
the
no
offer
offer
The
is
be
to
made
by
transaction
Public
effective.
Service
dividends,
eastern
r
'
V
1
currently
at
or
Is
an
paying
shareholders
thus
is
annual
$1
-.
paying
rate
receive
40
cents
$1.60
of
share
per
would
.V
per
on
a
its
Southeastern
be
made
is
be
to
has
operates
in
8.354'customers.
in
the
11.
counties
same
Public
territory.-
Period. End. June 30—
Southeastern
year
in
the
against
as
$1
purchased
Other
Prov.
Federal
Net
Int.
&
Net
—V.
other
170,
p.
of
Public
taxeu
izi
income"
Months
3,131,203
Balance
169,
1890.
p.
'•>
31—
(& Wholly-Owned
1949—Month—1948
$3,086,042
in
were
operation, compared with
;•
v.: v;,; -
'~-v;•
170, p. 344.
3,685,000
2,739,000
Ended June 30—
:J
1949
163,099
116,574
126,836
_______
$510,961
3,139,923
$3,991,437
$9,309,099
$7,726,821
264,531
340,145
543,194
>2,279,370
266,645
353,574
income
°
Net
$4,255,968
$9,649,244
$8,270,015
1,161,001
1,126,493
2,212,696
668,806
551,532
498,365
$1,258,170
operations
$1,199,785
(net)_____
489,773
Gross
income
4,461
$515,655
$423,008
108,028
—V.
170,
available
deductions
$3,129,475
$7,436,548
ia District
ACJief ,of Patent suits against the
The suit,
100,343
$407,627
35,627
stock______;
stock-
common
"
>
208.
p.
for
$322,660
35,626
$372,000
$287,033
272,129
269,966
$1,475,814
income
Dividends
accrued
on
$1,356,568
than
by
this
cated
their, finest
company
that,
—V.
148,205
—V.
170, p. 245.
'
148,205
$1,327,608
$1,208,362
I--'..
I
Slick Airways, Inc.—Receives Permanent
The
Civil
tentative
States
field
Aeronautics
decision
five
without
years
three
companies
Aug.
on
the
affirmed
cargo
are
licensed
local
one
to
the
air
Ctf.—
in
business
from
subsidy
and
2
air
three airlines that
among
for
The
Boar
splitting
final
line
its
United
fly exclusively
Government.
transport
*
,
form
the
over
in
this
in Texas,
subject to
been
operating since June 24 on a tentative basis
revision or reallocation of routes.
By its order of
review,
Aug. 2
also closed off from further consideration
the applications
freight certificates filed by several other companies, although ruled
out of the national freight "air pattern."
the
CAB
for
,
Companies
receiving permanent certificates are the Flying
Tiger
Line, Inc. the Slick Airways, Jnc., and the U. S. Airlines,
Inc., in
the national field, and the
Airnews, Inc., operating in Texas.
By
terms
of
their
charters
transcontinental
coastal
cities
field
and
New
Flying
Tiger
between
York
Los
and
Slick
and
Angeles
Boston.
will
and
compete
other
their
In
ir>
Pacific
cross-country
services, however,
Flying
and
they will share major cities such as Chicago with
generally running the northerly route across the United
Tiger
States
The
Slick
erally
of
North-South
U.
S.
axis
Southwest.
Airlines
east
of
S -vvr:'
provides
for
the
operation on a gen¬
with terminals
Mississippi River,
Miami, New York and Minneapolis-St. Paul, Minn.
at
The
ous
"pattern" thus set
cross-routes
The
putting
for the three companies involves
tip
them
in
competition
with
numer¬
another.
one
•!:;
CAB- added
Birmingham, Aid.",': add Richmond, Va.) 'td?:'H! S.
routes, with Richmond also in Slick's territory. ("New York
Airlines'
Times").r
the
across
certificate
•
:''-v
,
American: Airlines
Appeals
for
the
Inc.
'
District
Columbia
of
to
-
.
Aug. 9 asked the V.
on
stay
Circuit
S.
the
Court of
Board's
decision
granting five-year certificates to four freight airlines.—V. 166,
Years End. April 30—
sales
(& Subs.)—Earnings—
* 1949
*'1948
*1947
$17,376,199
before
taxes__.__
income
2,278,287
Net
taxes__
1724.
p.
(
1946
$14,472,336 $11,223,621 $22,775,833
1,341,978
+2,341,389
1,235,782
81,075,000
income
541,011 Crl,785,522
v
Preferred
$1,203,287
dividends
Avail,
$800,967
765,450
t$555,867
72,167
75,315
$1,131,120
$725,652
+$635,127
outstdg. at
period________
452,650
452,650
452,650
$2.50
$1.60
$470,332
79,260
stock
Com.
Nil
for
com.
89,455
$380,877
,
shares
end "of
retroactive
increase
in
441,502
of
stock
'Includes
lated
share
per
adjustment
Federal, income
of
tax
a
sales
credit.
contract
tDeficit.
$0.86
price
tSaies
and
are
re¬
stated
before deducting provisions for refund under
renegotiation of contracts
for war material.
^Including refunds under government contracts.—
V. 169, p. 538. .;;
::v. .'V..;,->
Soss
The
Manufacturing. Co.—Listing Authorized—Earns.
Detroit
of
Cubject
$1
Stock: Exchange has .approved -the- listing -of
195,000
value common stock, it was announced on Aug. 9.
registration with the Securities and Exchange
par
effective
to
trading
Wilmington,
Del.,
170,
in
are
p.
was
by
the
Aug.
like the action filed Feb.
6,
Western Electric,
8
in
Inc.,
Amer-
Inc.,
14' 1946t na"ies only RCA, General Electric
as defendants.
^The action filed Aug. 8 seeks
of inva Hdity, non-infringement and unenforce-
reSpect to ab°ut 170 radio and television patents.
Aug.
on
softer,
6.
to
more
towel,
towel
three
for
Exhaustive
being
to
use,
when
announced
have
wet,
when
and
stronger
was
tests
consumer
use
.M;''
Net
times
home
stronger
comfortable
these
indi-
Net
at
commence
Earnings
—V.
S.
Darr,
acquired
Darr
which
said
an
early
date.
President,
on
Aug.
Bissell-Weisert
the
company
to
The
Henry
Bissell-Weisert
C.
remain
Weisert,
ta'ke
an
Weisert.
Co.
The
unchanged,
and
Treasurer,
will
active
interest
in
was
name
John
9
Co.,
and
its
that
retail
rapid
to
changes
$2.61
*•
See Admifal Corp.
$2.07
and
in
1912
personnel
Weisert,
American
Gold
in
being
Platinum
V
Co.
continue
to
Scott Radio
operate
the
above.—V. 169,
p.
2319.
!'
f
-
51,066
$0.26
$436,600
$693,938
*1947
$409,272
42.132-
44,548
20.900
20,600
16.400
taxes.
131,400
68,550
54,930
taxei__
65,700
22,550
33^250
$433,806
$230,352
$252,608
made
Prov.
for
Colombian
income
Consol.
will
"Excluding minority interest.—V.
Robert
business
169,
•
*1948
Depletion
and
and
Subs.)—
Depreciation
Eissell
Arthur
(&
Chicago.
Provision
Laboratories.—V.
-
•
1949
income
Bissell-Weisert
by
of
$1,894,731
company
laboratory
a
&
'/v:
-
in
President,
1945^
$0.19
3 Months Ended March 31—
for
U.
net
profit
S.
income
and
will
382.
p.
*
for
the
period
169.
p.
52,634
11.
H.
Seeger Refrigerator Co.—To Produce Admiral Cabinets
)
38,089
114.'
169, p.
Consolidated
this
outlet
acquire
" ■
$1,870,234
403,905
radio-phonograph sets.
founded
C.
announced
anxious
was
19471946
$3,326,720
absorbent.
more
Laboratories, Inc.—Acquisition—
that
*
1948
$4,673,803
share
per
CALENDAR YEARS
508.778
*
South
the
FOR
r.'
sales
profit after taxes__
new
11.
study the constant
merchandising of television and
1948, named
Co>. Beh Telephone Laboratories,
paper
previous
addition
Scott Radio
has
corporation
will
RESULTS
Earnings—
Mr.
i«r,"?wllrfSlSUlivflle«d Dec"
preferred stock
Balance
Commission,
-
Anjniproved. household
.
$6,040,147
Corp.
Western Electric
Net
Scott Paper Co.—New Improved Product—
-
^ ^ General Electric,
426,749
"
$1",626,534
$1,747,944
'
2,229,866
Court,
318,851
758,954
taxes
earnings from
Other income
.
on' preferred
ScotTowels
$4,693 811
208.
-
$5,231,823
2,412,446
340,302
Federal
$418,547
4,694
income
Balance
2,181,441 :
$4,768,612
$3,732,810
1948
$5,674,981
~
taxes
shares
wet
_—_____
Subs.)'-*
1949—7 Mos.—1948
$3,289,154 $19,039,098 $18,640,571^
114,580
134,996'
209,679
__
depreciation
before deductions________________
Dividends
12,746,323
125,199
498v
income
on
427,050
99,373
168,348
Deductions—total
3,029,663
1,495,000
deductions
stations
Elk
revenues
General
$1,374,847
467,192
—
_
1949—12 Mos.—1948
1,910,000
Federal
p
the
pipe line
ago.—V.
year
common
Net
1,545,998
„
:
pump
additional
ultimate
ACCOUNT
2,446,799
3,438,773
tc®.n Westinghouse Electric
&le?raph
and *2? ?? Z
170
_
.
.___
for
ca¬
The
line will tie in with the recently completed 1,009
system, which carries oil from Jal, N. M„
new
111.—V.
-
taxesj_
1
________
operating income.
Non-operating income
the
"1,692,167
Zenith Radio Corp.
.
after
>•
,
initial
an
1948
r,
$1,582,389
Net
Hal
file(i
day
a
Corp. of America
Earnings
Service
Radio Corp. of America—Third
Suit Filed—
,■
have
Depreciation
now.
midst
1,058,967
1,619,913
income
income
_lu~_
__
Federal
now,
1.611.400
income
Gross
River,
Federal
1949
__
taxes
stockholders
14,535,480
1.228.399
taxes
income
Works—Earnings—
_______
.
General
Provision
preferred
6,819,736
•___
operating
Other
serves
INCOME
7.584,673
depreciation..
local
and
misc.
Federal
revenue
"
Service
1949—6 Mos.—1948
for
State,
and
Sioux City Gas & Electric
Co.—Earnings—
12
amend¬
___
operationi
Maintenance
Jose Water
Maintenance
common
revenues—J $20,079,035 $17,519,780 $39,445,540 $33,390,647
1.083,783
988,729
2,899,185
1,827,476
oper.
Power
barrels
July, this year, 329 retail units
a
Profit
San
larger towns and;
—r':;*•
COMPARATIVE
Elec.
$4,000,000
future.
Solar Aircraft Co.
supplied by
12 Months Ended June 30—
territory, southeast of Indianapolis.
It serves 57 communities
and
adjacent rural areas, no community being larger than
1,500 persons.
cities
In
170, p. 402.
Operating
Operation
'while South¬
common,
'
•
.
,
bring oil from
Period End. July
sales
+Net
-V£•
share quarterly in
per
annum.
$2.40
presuming the rates remain unchanged.
Under the exchange
proposal Southeastern's
wouhf-get $7.20 annually compared with $5.50
It
Expansion-^
wholly owned subsidiary, plans to build
City, Okla., to Cushing, Okla., T. E.
about
cost
Retail
proceeds from their sale.
will
was
Eastern
common
-
will
Cushing the
....
'
'
the
Basin-Ozark
stock
In
dividend on
such
oh Sept. 2, 1949.
record
Stock
shares
9
share
common
payment
for each Series
has
of
stock.
B
shares
declared
Preferred
the
Series
by Eastern States Corp to the holders
change
and
management
daily, according to Mr. Swigart.
50,000
in
have
the
mon,
be
the
added
an
Eastern
'An agreement has been reached whereby this corporation will
acquire
Southeastern Indiana
Power
Co.
of Rushville,
Ind., by an ex-:
of stock,
The deal is subject to approval by the Indiana
Public Service Commission, the SEC, and upon effective
registration of
of
offered
Dividend
on
their
$1.50
viously
$7
cash
the
tendering
$64,055
*
A
in
the
of
ceive
income
169,' p. 2647.
Public
will
barrels
will
line
Wood
and
filed Aug. 8 with the SEC proposing the
was
Corp.
be
to
are
Stock
$4.79
shares
The
a
Elk
.
par)
The
of
the
from
installed
Total
will be used to provide for new rtandard-gauge
equipment consisting of four Diesel-Electric Freight Locomo¬
estimated to cost not less than $1,285,276.—V. 170, p. 498.
holders of
•
line
At
a
•
>
St. Regis Paper Co.—Stock Registered—
439,873
A
■>
Utility operating income
"
that
were
,
$682,534
:V
'"
Net
far
so
oper¬
1948
fo
$791,162
_
Depreciation
•—V.
indications
line
mile
Street,
Proceeds of the issue
tives,
M 421,364
Maintenance
Gross
pipe
10-inch
Operating
1949, compared with 2,151
170, p. 498.
(
Brownsville
was
99.533
annual
an
City oil field, discovered at the
close of 1947 by Shell with the
completion of its J. G. Walters No. 1
well, to Cushing, Mr. Swigart stated.
it is
next
year,
Howard
N.
6,948,327
2,060 domestic stores
were
Harris, Hall & Co.
■
,
Income
following
3,
89,950,095 601.825.593 643,650,374
7,767,032
Louis
The
company has sufficient surplus and earn¬
dividends without "diminution of its working
Operation. *', ______ ____—_ ~
!.
The
322
this
50% in
products
Trusts Offered—Halsey, Stuart & Co. Inc. was awarded
Aug. 10 $1,020,000 2%% serial equipment trust certifi¬
cates, series CC maturing $68,000 annually Aug. 15, 1950
to 1964, inclusive. The certificates, issued under the Phi¬
ladelphia plan, were immediately reoffered, subject to
ICC authorization, at prices to yield from 1.30% to 2.65%,
according to maturity.
recapitalization plan which will
rights" of the 5%
class A
a
12 Months Ended June 30—
Operating,revenues
income
said
Pipe Line Corp.,
160-mile
a
Shoe
1949-^-4 Wks.—1948
1949—28 Wks.—1948
'
ft
$
'.S- "V.; ■', f'. • g
.
g
-
before.—V.
St.
Porto Rico Gas & Coke Co.—Earnings—
Other
Aug.
m.,
the
on
railroad
Puerto Rico
p.
Shell Union Oil Corp.—Unit Plans
the prime factors
"are among
important
new
gross
sales
at
year
the
back
anticipated future
General
Segal
The Shell
'
dividends.
the
up
per
"
-
,
Neuwirth
pay
cents
three
of
sales
Canadian
contractual
She
dividends."
to
5
.
Mr.
to
reveals Mr. Rudd,
increased
will
$1.75
of
annual
regular
Lloyd
dividend
payable
are
dividend
frozen coffee product, and new equipment,
operators,
and the vast expansion of our
our
new
force,"
the
Domestic
conducting the
continuation of the policy of 'tiring out' the holders
class A preferred stock by the continued withholding
a
5%
Mrs..
intend
propose
the
of
stockholders.
said
ably
directors
sales
75
v
1947).
a share on the 5%
class A preferred stock
first two quarters.
It has also declared another
same stock, payable Sept.
1.
earnings to expand operations and facilities, Mrs.
stockholders"
involve
ings
the
of
introduction
will
meeting was recessed because
had completed tallying only 25% of the
11
Maintenance
said, has increased the equity of the common stock.
asserted
common
the
that
Aug.
company.
paid $2.50
retention
She
inspectors reported they
Balloting closed at
of stockholders.
are
Safeway Stores, Inc.—Domestic Sales Show Decline—
this year's
share on this
Neuwirth
166, p. 706.
1949.
of
of
the
to
reports
annual
dividends
made on
were
sales
addition
share,"
Period End. July 16—
1937 and December,
of
a
The
charges
the
the
to
this
of
11,
been
according
running "somewhat ahead" of opponents.—V. 170, p. 498.
share.
a
-
,
said
proxy
fight for control
announced
on
Aug.
have
31,
Operation
the
company
each
$1.0541
to
New
company "wholly In the interest of the holders of the
stock."
She said only $5.62'/a has been paid in dividends on
class A preferred since 1937 ($5 last year and 62'/2 cents
common
paid
annual
corporation's office, is located
Philadelphia 22, Pa.—V. 168, p. 550.
asks the Court to direct the company's board
of directors to
the arrearages on the 5% class A preferred stock, which amount
to $51,875 a share, and to enjoin the directors from making any
improvements or acquisitions until these dividends are paid.
of
barred
are
1."
residents.—V.
The
It
Mrs.
27
fiscal year."
pay
affairs
total
extra
an
in
July 31,
establishment
reflecting
Pa.
"all other stockholders,"
Jersey and
July
was
York
regular
a
All
record
estimated,
of
Neuwirth
share
distributions
national
$5,055,841 in back dividends
preferred stock has been filed
A
to
Principals in the three-way fight are Louis Segal, President of the
company,
and
groups
he
headed;
Joseph
D.
McGoldrick,
former
Comptroller of New York City, and C. S. Bresnick, New York shoe
manufacturer.
:;?:-S./*1 ^' •
"
share.
which
New
common
share.
"Increased
the
the
class
5%
Federal
in
filed
was
the
of
company
suit
the
$1 a
was
voted
voted
preferred stock
Pittsburgh Steel Co.—Sued for Back Dividends—
owed
per
also
of
/Initial
the
for
have
(common)
cents
board
"The
'
brings
company,
Western
directors
B
75
of
large
protect
and
used
announcement
The
"The
he. "iewer against the rare possibility, of tube
tube itself against
accidental
breakage;
Neutral
partition windows between television studios and
their adjoining control rooms to provide vision with minimum light
transmissions; a variety of mirrors, faces and filters for specialized
applications.—V. 165, p. 3288.
collapse
Duplate
before
.
the stock
were
(preferred)
Pittsburgh
which
plates
claims
file
to
Rudd-Melikan, Inc.—Extra Annual Dividend—
glass
tubes in
three-way
Aug,
pacity of 24,600
face
as
the
were
until
Swigart, President announced.
of
laboratories
Research
first
the
practicable.
Other
failed
the
for
the
in
which
known
stockholders
easing
fusing to metal which maae
sizes
be
not
organized at Hornell, N. Y.,
in 1917, are Thomas R. Baker, Vice-President of the Lincoln-Rochester
Trust Co., of Rochester, N. Y., disbursing officer for the receivership,
and Rolland 8. Marvin, former Mayor of Syracuse, N. Y.
Most of the
market
Pittsburgh
for
,
of
participation, t 1 '
final distribution
Receivers
the tube face itself.
cathode ray tubes were announced last December
the scrim;' bottleneck in tube production.'
Plate alro developed the first controlled expansion
for
of
Liquidation
—
results
corporation,
capacity
developed
was
plates
Mosher.—V.
final
who
Original par on
halation—the halos
major manufacturer to
glass is featured in the new
been elected Chair¬
169, p. 1997.
has
Y.,
1
'
\
"
payment, signed by State Supreme Court
Canandaigua, N. Y., was filed Aug. 3 in the
County (N. Y.) Court House.
the
The
the company has ever
provide less than a
filter to reduce the
first
The
from
Director,
a
to minimize
Segal Lock & Hardware Co., Inc.—Proxy Fight—
Final
proxies.
Cribb
W.
Shareholders
to
as
N.
Gilbert
line.
Zenith
Pittsburgh
means
the
is
Corp.
receiving sets.
in
Teleglas
the
designed
was
transmitted-
formed from internal reflections within
Zenith
Ban"
which
of
maximum
Development
i
meeting
share.
for
Fred
Monroe
Aug. 6 by D. C. Burn-
on
the late
v'i
a
order
Justice
'
•
,,
Rochester,
Liquidation of this company has been completed with a distribution
important development in
artificially lighted rooms,
Co.,
Development Co., Butte, Mont.
Royal
first
ham,
&
to succeed
Completed—■'
television glass that will provide, for
time,
sharp
black and white contrast pictures,
without
dazzling brightness, and which may be viewed equally well in daylight
or
Monday, August 15, 1949
An
'
,
CHRONICLE
Oct.
on
*
An
FINANCIAL
member of the New York Stock Exchange firm
a
Perkins
of the Board
man
Pittsburgh Plate Glass Co.—New Television Develop¬
the
Baumer,
Erickson
of
;
ment—
&
Rochester Transit Corp.—Baumer Elected Chairman—
1
there will be drawn for redemption on Oct. 15, next, ;
2,321 shares of S4 cumulative preferred stock at $100.50 per share.
The regular quarterly dividend of $1 per share, payable Oct. 15, 1949,
7
Sept.
COMMERCIAL
•>
Southern
California
Petroleum
Corp.,
Los
Angeles,
Calif.—Recapitalization Plan Ratified—
The
posed
class
plan
reclassified
A
of
as
and
class
B
stockholders
recapitalization
6%
cumulative
under
on
which
preferred
Aug.
the
stock
2
approved the pro¬
class A stock will be
(par
$10)
and
the
■
Volume
stock will be designated
class
B
issue
to
The
class
stock
B
to
stock
common
two shares
plan is subject
the
on
three shares
share,
share,
of
following
new
the
preferred
basis:
Sterling Drug, Inc.
stock.
..
according
FINANCIAL
CHRONICLE
Hilton-Davis Enlarges Dyestuffs
—
\
'
Nelson
to
Standardization
Knaggs,'
S.
the
of
tested
are
Richard
controlled
and
Vice-President
dyestuffs
.
approval of the California Corporation
in
charge
manufactured
line
the
in
VanVyven.—V. 170,
W,"'• .Y ;"./v/YY
Commission.
&
laboratory
Mr.
under
from
June,
pointed
ago
year
out
that
1948.—V.
Eleatric
output of
this
for
company
the
week
ended
3, 1949,
for the
Aug.
kwh., as compared with 3,348,000 kwh.
corresponding week last year, an increase of 0.3%.—V. 170, p.
totaled
4"'"
3,358,000
Federal
Judge
Manly Fleischmann said that
ship makes it
engines."
Y;
Southern Co.—Information Circular Issued—
(The)
See' Commonwealth & Southern Corp. above.—V.
170, p. 498.',
:
^
difficult
/"■ ";C,
very
Fleischmann
Mr.
of this
months
Buffalo
at
has
advised
been
reported
and
year
that
the
Into receivership
for
orders
new
State
for
-
for
the
'-
six
first
profit of $370,688 since the firm went
in-February,- 1948.—V.
Net
Period—
11
168, p. 2692.
Gross
5,875,664
earnings
—V.
170,
——Jan. 1 to July 31—
1949'" ' ■ "i 1948 -
$9,699,416 $21,720,183 $27,390,181
The
498.
p.
the
Period End. June 30—
1949—Month—1948
s
Operating
Uncollectible
rev.
oper.
The
$
s
the
18,828,876 128,799,717
21,667,013
108,889,266
493,029
400,490
81,502
-66,259
,
__
21,585,511
18,762,617
17,581,318
15,715,121
105,279,974
I
2,313,908
1,814,309
13,609,686
in
1,690,285
1,233,187
9,417,028
8,196,437
855,030
6,662,893
6,028,633
expenses
Operating
taxes
Net
operating
1,211,307
A'• 0i]
' //;<'
__
—V.
170, p. 345.
,
The
The
and
Pa.—V.
Electronics,
166,
with
Inc.,
plants
Dubois
at
and
—V.
Kentucky
Brands, Inc.—New Vice-President—
Speirs has been elected
International.
in
is
He
Vice-President of Standard Brands
advertising for all Standard Brands
Securities
and
Y.;
Electric
&
Standard
Health
Co.—Hearings Aug. 24—
Sale
its
"
stock
Louisville
of
7.01%
to
reduce
would
sale
and
32.26%
from
Standard's
Oklahoma
the
of
The
21.16%.
to
voting
stock
SEC
1949
6 Mos. End. June 30—
\
1947
$
$
earnings (est.)
137,100,000 210,000,000 140,000,000
per
share (est.)
■. Y *$4.54
\ t$7.50
$5.12
•Based
30,183,394 rhares outstanding as
28,045,839 shares then outstanding.
earnings
rates and
operating
balance
of
oil products,
Some
affiliatesis expected
for
company's
period
prices.
year
on
Aug.
is for a somewhat increased
Jersey company have not loaded any other cargoes
of crude oil in the Middle East for importation into the United States
since
this cargo.
There
are
no
plans for
present
tion of Middle East crude by Standard
Oil Co.
further
any
importa¬
(New Jersey)
affiliates.
Receipts of Middle East crude by Jersey affiliates reached a peak of
88,377 barrels daily in February this year. These imports, which were
loaded
in
December,
1948
and
January,
1949,
were
Edison
the
at
Oper.
a
severe
expenses
$5,102,324
2,840,517
2,926,733
275,000
Federal
Other
income
178,200
taxes
411,923
.
__Y-
tion
Operating
300
487,500
127,100
276,600
177,200
329,301
806,729
647,246
$375,262
$269,691
$617,407
,3,455
1,849
5,260
$271,540
$622,667
of
37,637
63,347
be
income
Income
Net
—V.
$233,903
$559,310
$520,341
deductions
income
$354,833
_________
„
cars
tion
Period End. July
sales
C.
LaRue,
S.
3,925
publicized
"It
over
is
expected
within 35 to
approach
obtained
net
nnt
in
that
40%
and
August
Colnon
required
and
to
John
The
to
normal
"
trend
1948,
for
and
"It
is
expected
will
reflect
that
on
a
would
total
car
would
at the
capital
working
$71,206,283.
This
and
expense
$49,-
*'
'
gradually
f [
not be produced
Until
assemble an
to
up
the
17th
month,
when
sales
for
substantial
year."—V. 170, p. 345.
history of the
the
Sales
in these
company,*
...
months of October through Feb¬
over
the same months last
increases
163,124
337,848
265,035
$1,345,063
$1,139,990
$2,271,461
widely
the
for
months.
many
most
It would put the car in
models of General Motors Corp.,
expensive
:;Y/
...
to The
Co
income
i
.*
•
$2,107,714
762,761
1,490,229
2,216,381
$2,097,612
$3,761,690
$4,324,095
439,022
taxes
257,622
$2,107,824
The
471,998
903,925
969,426
$1,668,732
$1,625,614
$2,852,765
$3,354 669
$1.07
$1.04
$1.82
$2.14
& other
to
share—
per
income,
Securities
cation
of
this
Shreveport,
on
ton
capital stocks of subsidiaries, interest and
l,566,3r"2 shares of capital stock outstand¬
t
1273.
*
and
Commission
has granted the appli¬
and its parent. United Gas Corp., both of
authorization for the subsidiary to borrow from
for
amount
an
loans
will
be
aggregating not
made
proceeds
of
and
the
the
over
3% promissory notes of
from the date of issue.
The
Co.—Borrowing Approved—
Exchange
company
La.,
parent
Pipe
loans
of
a
be
on
used
development program.—V.
and
be
Pipe
-
;
evidenced
before
or
by
170,
'0
$8,000,000.
year
payable
to
are
than
more
course
Line,
six
Line
years
for
its
403,
p.
United States Gypsum Co.—President
Resigns—
William L.
•/
ferences
Keady,
with
President,
Sewell
L.
Avery has decided to
company."—V. 170, p. 12.
//
■
Aug. io
Chairman
on
Avery,
"Mr.
■
re-enter
the
resigned
of
active
V
because
the
dif¬
of
board.
He- said
jbf
management
the
™
'YY'v/'Y-Y
■
':\Y".
.,
».
•
,■
,(i '
.
v.'-
United States Plywood
Corp.—Opens New Warehouse
•
The
of
27th-warehouse
this
corporation
In
the
warehouse
and
the
offices.
There
simultaneously
cars
storage and merchandising program
Aug. 1 in East Hartford, Conn. The
feet of floor space which includes both
on
square
sales
trucks
freight
new
opened
was
building contains 20,000
at the front
handled at the
be
can
of
facilities
are
the
building
for
and
loading
four
railroad
two
rear.
1
Other
recently opened warehousing units of the chain include:
Hyde Park, N. Y.; Milwaukee, Wis.; St.
Paul, Minn.; Richmond,
and Glendale, Calif,—V. 170, p. 404.
United States Rubber
The
the
directors
common
have
stock
to
were
net
earnings
mad£
during
the
on
Va„
'
Co.—Smaller Common pividend
a
dividend of 50 cents per share on
regular quarterly dividend of $2 per share
first preferred stock, both payable
the
The
from
from
New
declared
and
the 8% non-cumulative
holders of record Aug. 22, 1949.
earned surplus as of Dec. 21,
on
list price of $3,289 for the car that would
$1,000 more than the price the corpora¬
a
is about
the
and
io
is
preferred
Distributions
March
on
the
ana
JP49.
year
stocs
common
dividend
comma?
1948
y. 170; p. 536.
Sept. 10
payable
dividend
of
$1
each
10,- last.—
June
I
In
the report is. to guide the trustees In deciding
reorganization of the company.
This decision is
be withheld, however, until another report, by an
Twin
United States Steel
auditing
Mack C. Lake,
has
been
Corp.—Consulting Engineer—:
V
Internationally known mining pn<rlneer and geologist,
appointed
Iron
Mining Co.
Elstad, President
his
Consulting
and
of
other
the
Engin»er
United
Oliver
exclusively
States
Steel
for
the
Oliver
subsidiaries,
announced
company,
R.
T
Aug. 11. -In
the company's
on
capacity, Mr. Lake will deal largely jvith
developments in foreign fields.—V. 170, p. 404.
new
ore
(& Subs.)—Earnings—
City Rapid Transit Co.
Months' Ended
June
Universal Atlas Cement Co.-—Officials' Promoted—
1948
1949
30—
$9,627,919
$9,227,969
8,978,863
Henry
created
.
$49,068
12,444
t.
debt
funded
on
Amortization
of
Miscellaneous
$40,525
discount
funded
on
*$261,549
125,194
__
120,483
debt.
debits
taxes
on
5,054
5,052
Net
loss
$173,646
168,
p.
Engine-v
Attorney
both
Wiggins,
and
effective
and
changes
are
effective
also
"
:
.
Region,
General
Sales
>
Chicago,
Manager,
Manager.
Metropolitan Chicago
Manager, Chicago. These
Sales
15—V.
Aug.
newly
Baker,
B,
appointed Assist¬
'
.•
..
the
to
Charles
been
Western
Asvistant
York, and George S. Neel. Sales
Territory, has been appointed Western
p'ecl'pd
and
has
Vice-President-Sales,
Vice-President
elected
h»«n
Director,
Aug. 15.
New
96,183
Y.
__________—_________—______
T,
been
Chief
Vice-President-Engineering,
168,
p.
89.
5,283
2,873
income________—_—
of
General
President,
Fred
has
loss
Interest
to
•$249,105
8,543
'Operating' loss
Nonoperating income
Reid,
P.
office
Secretary,
ant
•$34,545
Upper Peninsula Power Co.—Sale of Stock Exempted
from
2036.
Competitive Bidding—
Middle
The
West
Corp.
and
ConseVd-ted
Electric
Gas
Co.
were
5 granted an exemption by the SFC from competitive bidding in
connection with the proposed sale of their common stock holdings in
YAug.
Twin Coach Co.—-Receives Large OrdersTwo
new
orders
order
in
totaling $1,625,100 have boosted this company's
backlog to approximately $2,500,000, H. C. Arnot, Vicecharge of sales, announced.
One was from the Detroit
Railwav
valued
at
$600,000
Arnot
Mr.
Commission
for
order.—V.
was
for
60
48-passenger
for
40
the
standard
states
that
Detroit
fourth
quarter completion
Upper
38-passenger
and
Puerto
Rico
coaches
are
Freight Mileage
estimated 138,217,500 revenue passenger
in July, 10%% above the same month a year ago and only 5'/2%
record-breaking June of this year, it was reported bv Harold
an
Vice-President traffic and sales. Load factor
July versus 66% in July, 1948 and 81%% in June.
In
addition
in
the
to
passengers.
month,
up
...
15%%
was
72%%
in
flew 1.739.500 air freight ton
from July of last year but off 6%%
United
.lYY;
;-j
34.000
shares
stock
common
>0
0y
ing—
The
to
(17%)
($9
and
par).—
\'r
stock
stock
''y'/Y;' Y
declaration
a
with
the
would
to offer to
The
a
.:
Financ¬
■"
SEC of its proposal
bonds due Oct. I,
shares of its
be
offered
to
its stockholders the
common
the
right
stock.
stockholders
of
the
the basis of one new share for each eight shares of com¬
by the stockholder. Prior to the offer to stockholders
held
the company will solicit bids for the underwriting
the
purchase by the underwriters of shares not
'company's stockholders.
:
that
on
amount of f1rst mortgage
bidding, and
148,155 additional
common
company on
filed
principal
competitive
purchase
mon
■/
has
company
at
The
Flown Exceeds July, 1948—
miles
536.
to sell $3,000,000
United Air Lines, Inc.—Passenger and
below
p.
Utah Power & Light Co.—Files Declaration
along with other coaches now
170, p. 248.
corporation-flew
shares
170,
1979
This
Power Co. consist'ng of
(60%), respectively, of the
Peninsula
120,000
V.
trolley coaches costing
motor coaches
from the Puerto Rico transportation authority.
and the other
Crary
ruary
based
firm, is submitted.—V. 170, p. 345.
miles
the
in
231,577
United Gas Pipe Line
trustees
production
the
pre-production
the first
that
increased
The
purpose of
whether to approve
expected to
scheduled
r
•
respectively.
358,622
$2,372,749
ing June 30, 1949.—.V. 169, p.
from
increased
August or September sales volume will
the volume of $1,916,305 and $2,038,413
September,
sales
Chatz,
They suggested the possibility that a new one may
Borg-Warner Corp. or that arrangements might be
made with General Motors for purchase of its hydramatic drive..
$1,025,100
Aug. 9 said:
seasonal
I.
miscellaneous
transmission.
the
monthly
H.
report,
get into
year,
a
production
projected
with
obtained
be
tw(o months resulting from special promotions and intensive sales
efforts, just preceding the re-instater.ient of Regulation W produced
highest
\
The major change recommended by the engineers for the car Is
the
Street
Sales Up—
Vice-President and Treasurer, on
sales contrary
June net sales.
1949.
448,054
$2,609,309
,
on
"July,
slightly
199,003
$1,303,184
_____
$468,726
Y
1949—Month—1948 Y" 1949—5 Mos.—1943
$1,087,374
$1,072,249
$5,202,224 $6,322,120
31—
__
243,551
by
*
this
This
competition
President
Net
693,908
$2,731,371
util.
of
applic.
tEarnings
and
day would be assembled, the report said.
a
,
Sterchi Bros. Stores, Inc.—July
666,183
$3,057,363
and
Chrysler Corp,, Ford Motor Co., Packard Motor Car Co. and others,
transit
170, p. 12.
361,550
$1,502,187
„
applicable
capital stock
the
■
proceedings.
$21,653,283
be
could
produced.
47,639
________
15,745,760
$2,037,463
$71,206,283—
>
60,000
or
such
estimated
♦Profit.—V.
y Gross
three
$472,652
23,884
_—
present
>
Aaron
cash
day,
a
maintain
The engineers
.Gross
562,500
,
$378,717
income
income
the
—New Director—
"
to
the
said
month,
then
Federal
Other
of
agreement, approximately 94%
by union contract until Sep¬
covered
394,867
■•00}
•'
taxes
Y
_
465,097
211,890
287,500
plant__.—
16,405,818
$2,391,180
333,667
•Dividends, other than
1949—12 Mos.—1948
$5,568,851
depreciation
the
9,676,988
1,443,955
232,840
for
utility
of
.
G. I. Co.:
Expenses,
.
$2,656,937
Maintenance
Prov.
Companies)
194?—12 Mos.—1948
$18,796,998 $17,783,223
8,271,004
interests—.
earns,
G.
The
car.
report
cars
report
ninth
Six
1,421,334
—_
Subsidiary
$9,411,641
$1,140,637
;;
Total
period of time being required to
organization, complete all necessary engineering and purchases, receive
and install additional machinery, tools, dies, jigs and fixtures.
Produc¬
winter,
$2,907,060
(electric)
revenue
Operating
-
$1.75
$1,820,191
Balance
of
employees
expiration
Corp.—Earnings—
1949—6 Mos.—1948
Period End. June 30—
of
•Other
111., plants.
Operating revenue
Island
•
the purpose of
for
supplying a high level of heating oil sales in case of
which, however, did not materialize.—V, 170, p. 535,
Staten
former
one-year
a
grants these miscellaneous workers
reorganization
consist
The
the
8
•
$1.43
pfd. stocks, other
on
The U.
Wage Agreement—
553,000 of working capital.
increase in operating rates of the
to result, the company announced.
Affiliates of the
300
to
would
announced the end of its contract for
Middle East crude oil importations into the United States.
The last
shipment was carried by the tanker Apache Canyon, which loaded on
June 30 in the Persian Gulf and was cleared through United States
Customs in New York, Aug. 3.
This tanker discharged about 110,000
barrels of Kuwait crude oil purchased from the Anglo-Iranian Oil Co.
This cargo completes the contract made early last year when crude oil
production worldwide was somewhat short of demand* The contract
was made in order to
assure adequate supplies of oil products regard¬
less of the severity of last winter's weather.
company
Div.
Stevenson, Jordan & Harrison, Inc., submitted these
a
report
of
needed
Contract for Middle East Crude Imports Ends—
This
in
Tucker
The
reduced
and
-
.
$1,576,640
>'
company;
the
rate
.
the
(net)____
deductions
U.
two-month
survey
authorized by Federal District Judge Michael L.
Igoe, was filed, in court Aug. 9.
Notices of the filing were served on
attorneys in the case Aug. 8.
1949.
30,
both
reflect
1949
lower average
The outlook for the
demand
the
for
in
88,000,000
$3.22
June
of
on
on
NOTE—The
iif
1949 and
1,
Tucker
of the
The
$
$
Earns,
J Based
Income
®
conclusions
1946
.
.
8,367,203
income
subs,
More than $71,000,000 would be required to put the corporation in
to produce automobiles on a commercial scale, a management
engineering concern said, Aug. 8.
The project would take 17 to 18
months and would involve various major and minor changes in the
(& Subs.)—Earnings—
1948
\
income
Gross
&
condition
to
,-t
.
$0.80
prior deduct. & minor.
in which all Thatcher plants will cease production,
to the present comprehensive Life; Accident
Thatcher
design
Standard Oil Co. (New Jersey)
Other
construction
reduce
Standard
'
'
and
George Gund, President of the Cleveland Trust Co., has been elected
director to succeed the late William R. Timken.—V.
169, p. 210.-
a
percentage
would
ordered
$2,743,178
$1,486,524
170,
coverage
Timken-Detroit Axle
dispose of its holdings in both companies in 1941.—V. 170, p. 246.
Net
effective
Vk/YY:^
Co.
$2,244,912
1949—6 Mos.—1948
& tax,
lines;
lateral
miscellaneous
1,600
Tucker Corp.-—Needs Put at
19.97
(Company
1,153
maint.,
depr.
horsepower.—V.
of
79,800
and Streator,
employees are
tember, 1950.—V. 170, p. 12.
plans to
interest
for
*
"
$9,853,727
revenues
'
.
.
miles
325
the signing of this contractual
all
of
Y.,
becomes
Sept.
on
N.
Program.
With
Exchange
bids.
from
of
End. June 30—
expenses,
prov.
by
aggregating
approximately
agreement
contract
sell either 250,000 shares of the 385,308 shares
of Louisville no par common stock owned by it or 200,000 shares of the
550,041 shares of $20 par value Oklahoma common stock.
The sale
will be made under competitive bidding and Standard will
designate
which of the blocks it will actually offer for sale before the receipt
of
units
Olean,
paid holidays
Commission on Aug. 11
set Aug. 24
for hearings on a proposal by this company to sell part of its com¬
mon stockholdings in either Louisville Gas & Electric Co. or Oklahoma
Gas
Period
1,209
•*
"
$1,257,806
$0.72
EARNINGS
1
*
'
•
stock
cap.
'
$1,122,477
other
to
which
Mississippi,
Arkansas,
Y.
Va.
'Y.
system
and the G. B. B. A.-A. F. of L. have signed
effecting
additional
Standard Gas & Electric
aggregate
an
$2,744,331
532
*1
v
1,566,372
on
of
Operating
in
consumers
available
pipeline
Louisiana,
W.
25,870
$2,246,121
$1,258,388
611
■
than
more
sinking fund debentures due April 1, 1973, with
due Oct. 1, 1949, and all subsequently maturing coupons
3
N.
The
subsidiary operations outside of the United States.—V. 169, p. 2148.
The
through
to Cornwell,
266,604
to
fnv
ilnhlp
COMBINED
3V)»%
company
Elmira,
a
charge of
to
to
gas
gas
Tennessee's
authorized
now
217,950
deductions
contract
John C.
as
compressor
No.
This
Standard
natural
Thatcher Glass Mfg. Co.—New
498.
p.
system
attached, are now available at Guaranty Trust Co. of New York, 140
Broadway, New York, N. Y., for delivery against surrender of out¬
standing temporary debentures.—V. 170, p. 535.
$6,749,395
170,
along
675,800
122,147
$1,123,088
_—______
n vq
shares
Texas Electric Service Co.—Definitive Debentures—
1949—Month—1948
1949—7 Mos.—1948
$8,524,354 $62,214,096 $68,238,556
,
sales
cities
Texas
Buffalo;
Definitive
Driftwood,
coupon
Period End. July 31—
make
$3,712,605
689,504
fund reserve__
share
Per
Bal.
Spiegel, Inc. (& Subs.)—July Sales Declined 20.83%—
Net
pipeline
additional natural
bring
and
$3,153,837
;34j,269
535.
p.
2147.
p.
of
additional
on
Aug. 10 announced it has acquired ownership
Register Corp. of St. Marys, Pa., and Angelica, N. Y.(
Speer
Jeffers
;
•
Oper.
will
from
program
south
company
both
and
transmission
gas
194J—12 Mos.—1948
$1,729,804
.103,610
capital stock __"
company to carry out
increase the capacity of
will
the Commission, in addition to
portions previously approved, involves construction of: (1) approxi¬
mately 450 miles of additional main line loops along the company's
system; a 395-mile 26-inch new main pipeline extending from north¬
eastern
Kentucky through Ohio, western Pennsylvania to a
point
Speer Carbon Co.—Acquisitions—
of
which
program
area,
small
extends
now
11,574,056
income
Het after charges.
facilities
new
Appalachian
consumers
88,718,283
natural
128,306,688 108,488,776
___
expansion
cubic feet per day and extend its main pipeline from north¬
Kentucky to the vicinity of Buffalo, N. Y.
Tennessee
Operating revenues
Operating
Natural
Extend
has1 authorized
Commission
Power
company's
eastern
1949—6 Mos.—1948
$
___
revenues
Co.—To
billion
a
Co.—Earnings—
Federal
$90,000,000
a
Southwestern Bell Telephone
,
Transmission
Gas
Gas Transmission System to Buffalo, N. Y.—
C, Y:
1948
—
Tennessee
Only)
262
appropriated
special
RaIatipa
Days End. duly 31
1941)
income
Income
Southern Ry.—Gross Earnings—
y<
(Company
deductions
Other
gains
plane miles
&
__1—
taxes
impressive
revenue
334,871
/
____•
Federal
its
up
fewer
Y ;'Y. •</'•'. y'YY:"v" Yy/V/'
earnings pf $124,493
net
expenses
July, 1948, but
miles, down 12%
Co.—Earnings—
$1,561,569
Ordinary
possible.
as
large
any
f
total
a
soon
"the continuation of receiver¬
obtain
to
as
chalked
9>/2%
1949—6 Mos.—1»48
income
Provision
Receiver
498.
Knight
John
should be taken out of receivership
company
it flew
ACCOUNT
Period End. June 30—
Total
from
ton
express
170, p. 536.
United Gas Improvement
Sterling Engine Co.—End of Receivership Asked—
Southern Colorado Power Co.—-Weekly Output—
a.r
United
though
even
miles, up 9%%
462,700
11
from June. "
INCOME
;
ton
and
1948 and 9%
Crary
a
air mail
845,600
June;
6%%
off
than in July,
by the company
the direction of
^
403.
p.
from
over
sales.
of
(599)
from July,
An enlarged Dyestuffs Application
Laboratory will be completed at
Cincinnati,
Ohio,
in the
near
future
by Hilton-Davis,
Cincinnati,
pre¬
and for each
of 193,265
'
j:.
A total
V
f
.
Laboratory—
and
each
For
stock;
common
of
to the
COMMERCIAL
•
new common
will be issued.
shares of common stock
The
stock, the total authorized
common
as
provides for the exchange of both
also
stock
B
ferred
THE
750,000 shares of no par value.
be
plan
class
Number 4829
170
SEC has
given interested persons
hearing be held.—V.
170. p. 536.
of the-stock and
subscribed by the
until Aug. 25. 1949 to request
has required Ridge Citrus Concentrate, Inc., at
Davenport, Fla., for the processing of its Minute Maid frozen orange
juice, John M. Fox, President, announced.
...
The
transaction
involved
approximately
$750,000, including^ the
..
,
and land of Holly Hill Fruit Products,
Inc., at Davenport, and the construction of new buildings and processing equipment.
:
;■
;•
,7
#«Jf
The new facilities are expected to be in operation by the first oi
next
year.—V. 170, p. 345.
.V;">
'•
purchase
of
buildings
some
u
„
,u.
.
union
new
one
additional
corporation
inls
share for each five shares held.
The balance of
shares—388,274—are to be offered in exchange for
the
out¬
standing shares of 6%
preferred stock, 7% preferred stock and $7
«class A stock. - Since the shares of common stock to be offered in
exchange for the preferred and class A stocks will be sufficient to
effect exchange of only a portion of such stocks, exchanges will be
Y accepted by
the company in order of their receipt.
All shares of
preferred and class A stocks not accepted for exchange are to be
called for redemption.
The offering price of the additional shares,
the rates of the exchange offer, and the date on which such offerings
will be made will be announced later.
It is expected that both offer¬
ings of common stock will be underwritten, the company said.
The sinking fund collateral trust bonds, which will be sold at com¬
petitive bidding, will mature in 1974 and will bear interest at a rate
to be determined by the bidding.
They will be secured by pledge of
vail of the system-owned common stocks of the company's three prin¬
cipal
electric
subsidiaries,
Monongahela Power Co., The Potomac
Edison Co. and West Penn Power Co.
Approximately 26.6% of such
shares' of common stock of West Penn Power Co. are and will con¬
tinue
to be subject
to the existing prior pledge thereof to secure
$4,372,500 of West Penn Traction Co. first mortgage 5%
gold bonds
due June 1, 1960, which are to be assumed by The West Penn Electric
Co. as part of the corporate simplification plan recently approved by
of
Corp.—Acquisition—
Vacuum foods
Monday, August 15, 1949
& FINANCIAL CHRONICLE
THE COMMERCIAL
(600)
12
bonds;
'eliminate
since
net
also
the
results
profit
deduction
estate is restated to
income tax thereori,
of real
Federal
sale
from
estimated
for
the
for
liability for
§Net profit
year 1948 indicated no liability.
tNo
Federal income tax for either period is indicated.
^Deficit.
•
'from sale
of real
estate
above).
(see
•
,
DEBT
1950
the
and
1951,
reduction
of
total
a
company's
funded
reduction
debt
bond
annual
$16,875,000
of
since
early
interest
of
of bonds of
effected in
resulted in a
acquisitions
continuing
REDUCTION—Through
v
has
This
1947.
been
has
outstanding
Still
$805,000.
over
in
the
hands
of
the
public are $8,193,000 of the bonds of 1950,
$15,705,000 of the bonds of 1951, and $35,000,000 of the bond., of 1960.
—V. 170, p. 404.
«
Chicago—Acquisition—
Vapor Heating Corp.,
Car Heating & Lighting Co. has
control of Texsteam Corp.,
Houston, Texas.
The Vapor Heating Corp., manufacturer of steam
generator's used to heat diesel trains, plans to have Texsteam manu¬
facture a new generator for the oil industry.
Vapor Heating Corp. also manufactures railroad car heating sys¬
tems and temperature controls.
Texsteam Corp. manufactures a line
of safety relief valves and liquid injector pumps.-—". 168, p. 25b.,,
This
Safety
which
in
company,
acquired
has
interest,
substantial
a
•
218 612
Federal
218,biz
with
$49,235
t
income
Number, of
common,
shares—
Named
common
share
'■ —V.
per
222,739
$0.22
$0.26
169, p. 2216.
;■ :
T; ;
.
v
Co.—Stockholders to Meet Aug. 15—
this
of
trustees
of
simplification plan will further
corporate
the
common
stated, the Commission found in 1937 that the
properties of the system constitute a single integrated system
the meaning of the Act.
Aug
15 to effect consummation of the
stockholders will be asked to vote
The voting trustees have been
Court.
trict
addition
In
the
to
trustees,
voting
John
approved by the RFC.
Hagerty, present General
'
President
Hagerty
stock
Issued
$1
and
and
to
the
plan.
will
set
and
terms
shares
common
It
is
"old"
basis of one share for each $4
debentures, one share for each ten present
be issued on
shares
new
a
claims
to half of all unsecured
equal
after
+
share
closed
dealing; in the voting trust certificates for the "new"
continue pending the consummation of the plan,
stock
will
revenues
3,007,574
ry. oper.
$711,162
Net
All
"12
Months Ended
June
Co.
(&
Operation
1949
30—
„
—_
of
Depreciation
natural
•General
44,431
1,142,443
22,216
266,438
Net operating
Other income
740,500
1,074,304
Cr69,800
—
$1,995,612
—
,
Net
.*
1,304,261
on
;
outstdg.
$727,710"!
stock
common
$592,336
outstand-
-
;
.
$637,080
255,594
238,406
28,424
254,830
deductions
$381,486
$347,588
$330,563
67,504
$431,133
107,504
pref. stock
on
64,903
63,003
$323,629
$313,983
$282,684
$267,560
shares-
220,000
220,000
220,000
110,000
share—
$1.47
$1.43
$1.28
$2.43
equivalent to estimated reduction of Federal income
taxes resulting from refunding long-term debt in
and excess
1945.
stock
of
No.
common
Earns.
per
•tor
pense
profits
com
portion
169, P.
01
unamoruzea
ueuu
2037.
uwwum,
Bars Plan to
Transmit
Canadian
Y
;
'
Wholesale
(Mo.)—July Sales-
&
1949—7 Mos.—1948
$63,990,000 $67,704,000
retail sales $11,215,000 $12,405,000
Retail units
264 com¬
July wholesale accounts this year were
year ago.—V. 170, p. 345.
at the end of July this year were
operation
in
a
trtion
-
with
Northwest
cheap
has
^ruction of
■,,
-Canada
'
to
would
electric
been
an
bring
natural
gas
from
S.
Canada
in
and
to California.
1949—12 Mos.—1948
1949—6 Mos.—1948
delay which
due to' recent
years at least, is
Government, in barring exports of natural gas
until a survey is made of the extent
of Canadian reserves.
Interest
in
the
project in financial circles here was centered on
financing
*"»ch would have been involved and which it was estimated -would
.
Alberta
fave..counted to about S175^0.000.
the
'
financing would
be
undertaken
Originally it
before
£?i oaS,« b® ha?dled by Eastman, Dillon
"
the
end
was expected that
of the year
The
$6,447,999
$5,861,512
2,708,665
2,459,490
5,339,792
Alberta,
«»uth
west and then
through
Washington
Action
of
follows
adoption at
measure
south
the
Alberta
setting
a
up
Commission here.
a
to
$1,033,127
$548,477
$490,855
$1,108,207
—
1,108
1,169
3,307
2,536
1—.
$549,585
$492,024
$1,111,514
$1,035,663
income
: /•
and
into
Oregon
in
curbing
northern
natural
California.
gas
exports
special session of the provincial legislature of a
regulatory body similar to the Federal Power
(Journal
of
Commerce.)
income
Int.
216,113
254,624
115,849
deductions
other
&
144,598
aiv.
$404,987
$376,175
$856,890
$819,550
stock
100,971
100,971
201,943
.
V,
and
'
JJ?® dl„reSt®ffi of
of a,
SEC
-:Y.
Y
.
Refinancing Plan—
company Aug. 9 authorized the filing with the
refinancing plan providing for the retirement of
«°^ann * outstanding senior securities through the issuance
collateral trust
all
of the
a
letter sent to stockholders by
Itakfnf' -fSJSn25?rV Pl!esider^t, provides
for the issue of $31,000,000 of
ZrfLa
or
-
"Ytb®
*re.
«£Jcollateral trust bonds and 856,895 additional shares of
fin(?rnf
retirement of $5,000,000 of 5% debentures
QM
'
c
$11,960,600 of 6% cumulative preferred stock; $16 883 600
Preferred stock and $5,478,800 of $7 class A stock -
°^6'895-addltlonal Shares
to be offered to
common
of common
stockholders for
stock,
$2,115,549
249,214
985,893
45.264
286,939
271,580
$431,739
$1,038,702
$358,076
available for contingent
other
general
on
Towne
&
charges, i.
4 V2 %
mortgage
purposes.—V.
corporate
170,
468,621
capital fund,
e.,
income
bonds,
pfd.
on
Fred
p.
404.
$654,947
$275,204
$304,016
taxes
income
and
$621,774
.
V.
depreciation
170,
;
will
also
continue
Executive Vice-President,
as
Vice-President
as
Chapman had been President of
Yale & Towne,
became
he
of
charge
the American
in June,
member
a
in
1948,
the
production!
Water
Works
Vice-President.
as
board
and Otto G.
of
of
Yancey-Harris Co., Inc., Dallas, Tex.—Stock Offered—
&
Co., New York, on Aug. 3 offered 298,500
stock (par 50c) at $1 per share (with
to purchase 149,250 shares of class A
These shares are offered as a speculation.
option
warrants
Transfer
agent and
Broadway,
June
AND
1949.
24,
warrant
Chemical Bank & Trust Co.,
agent,
.
•
BUSINESS—Company
Corporation
interests
lands
and
is
in
the
which
and
is
continuation
a
engaged
developing
production
the
of
business
on
1949.
1,
and
crude
carried
Aug.
on
in
prospective
sale
that
of
dissolved
was
and
incorporated in Delaware
was
of
exploring,
•
; •
'"1948
1949
and
Earnings from operations
and
depreciation
Employees' benefits
Social
security
tOther
taxes-:
taxes
As
of
leases
and
Aug.
1949,
1,
located
by Yancey-Harris
The corporation is
the corporation owned interests in 13 producing
County, Texas; Eddy County, New Mexico,
29
wells,
oil
and Cotton
The
80
and
45
in
acres
Counties,
Oklahoma,
which
on
before
(chiefly
Deficit
from
Extraordinary
interest
on
-
charges
long-term
current
—
bonds)
27,374
325,975
income
$$2,004,941
■
1,667,300
$3,672,241
operations
Eddy
Oklahoma
Mexico,
250
in
in Oklahoma and
(aggregating 965
80 acres
acres)
as
in
Texas
and
2,440
611.7
in
acres
Texas
as
90
producing;
in
acres)
acres
proven;
Oklahoma
acres
in
New
Mexico,
shares
*1948
subscription, at the rate
interest
transferable to
—
period
restated
charged to
surplus
to
conform
construction
$$3,672,241
.-
and
with
reclassification
discount
on
105
(aggregating 3,156.7 acres)
nonproducing and nonproven.
as
SECURITIES
GIVING
Long-term
EFFECT
debt
TO
PRESENT
A
stock
(par
B
stock
(par
$650,000
tl,000,000 shs.
50c)_
Class
$526,497
None
50c l
Option
*
OFFERING
Outstanding
1,000,000 shs.
Class
Warrants
298,500 shs.
$
$
;
Notes
payable to The Equitable Life Assurance Society of the United
States.
Notes are dated May 1, 1948 and Jan. 1, 1949, respectively, in
the principal sums of $570,000 and $45,000,
respectively, each bearing
interest at the fate of
ity
of
May
has been
to
class
of
of
sell
the
said
stock
A
OPTION
to
1956.
1,
number
at
the
holders
75c
A
thereof
to
of
the
termination
share.
1950
5,
the
purchase
to
corporation
date
in
149,250
has
of
The
option
the
merger
its assets,
the
event
corporation.
the
stock
A
not
are
(EDTi
rights
Aug.'5,
of
the
consolidation
or
and
provide
the
of
agreed
entitling
warrants
defining
of
event
of all
stock
A
149,250 shares
until Aug. 5. 1952.
option warrants
149,250 shares of class
said
the
in
class
option warrants
purohase
warrants
provisions
the sale
final matur¬
a
of
such
and are void after 3 p.m.
certain
or
Sept.
issue
an
per
1950,
warrants
corporation
the
75c
5,
$To
which
50c)
are
with
149,250 shares
exercise of
shares.
purchase
at
until Sept.
of
the
option
(par
underwriter
corporation
erating
of
and both
annum,
on
share from
per
stock
They'contain
the
per
issuance
WARRANTS—The
class
to
the
4'/2%
tA maximum
reserved for
purchase
dissolution
for
accel¬
of
the
of
the
.
PURPOSE—In
the
corporation,
any
refund
discretion
sole
of
the
board
of
directors
balance
the
proceeds received by the corporation may be used to
due
or
a
part
thereof, together with interest
thereon, of either or both of the outstanding notes payable to The
Equitable Life Assurance Society of the United States or may be added
to
the
working
capital
the
of
170,
York County Gas
The
$1,756,294
1,576,672
SEC
-
$220,378
§4,115,937
hearing
$400,000
offer
p.
corporation,
available
for
general
cor¬
V." I"'; -'
537.
has
$3,895,559
in
reacquired
1949 of
Western
an
on
the
of
given
Co.—Hearing
interested
application
first
additional
mortgage
6.000
of
persons
company
bonds
to
on
Bond Sale—
until
Aug.
for SEC
institutional
shares of its common
29
to
request
authorization
stock
investors
($20
to
of
to
to its
.
previously reported, proceeds
payment
a
sell
and
par)
stockholders.
As
Balance
were
corporation
located
in
acres
New
(aggregating
acres
j
leases,
905,640
,
——
Income
Co.
cur¬
Andrews
in
Seminole, Lincoln
Texas
—
J $2,695,162
Miscell. income
(incl. divs. and interest)
591,523
Discount on reacquired Western Union bonds—
•
246
Interest charged to construction
98,452
Interest
and
Such
gas.
$497,304
for
oil
proven
oil
rently producing crude oil in the States of Oklahoma, New Mexico and
Texas.
It sells all of its crude oil production to crude oil
purchasing
companies.
It does not own or operate any refineries, natural gas
plants, pipe lines or marketing facilities.
of
$90,568,067 $96,279,008
general exps.___
67,215,287" 69,986,619
1
13,143,319
12,588,379
omortization—1__
- 7,139,634
7,553,293
:
2,492,581
2,237,040
1,459,401
1,492,373
1,833,007
1,924,000
Prov.
165
New York.
acquiring
-holders
Western Union Telegraph Co.—Earnings—
Repairs and maintenance-^.
169
shares of class A
1952.
operating revenues-Operating, a'dministrativc and
Co.
Last
directors.—V.
2758.
p.
exercisable
Gross
fund
Manufacturing Co.—New President-
Dunning will continue
shares
for
interest
sinking
536.
p.
W.
of sinking
bonds and additional shares of
common stock.
JeS£ancing pI«n' accordin8 to
$1,574,855
100,598
$229,969
porate purposes.—V.
West Penn Electric Co.—Files
$577,601
37,073
inc.
Chapman, who has been serving as Vice-President in
charge of finance, has been elected President, to succeed Calvert Carey,
who resigned because of ill health.
197,776
'•
Net inc. avail, for
Dividends
6 Months Ended June 30—
of
Vancouver, British Columbia, thehce
authorities
454,710
49,560
from
income
'-Amount
4,828,385
& Co., which is associated
Zi Pacific Petroleum, Ltd., and Sunray Oil Corp. in the project.
-—J"® Projected line, when built, will run from the northern part
.
$2,950,345
—
income
operating
Gross
from
gas
The
beheyed "jay last for several
of the
action
.
Net
Nonoperating
compe-
projects in the Pacific
The project involves con-
indefnitely postponed.
$316,602
income
requirements
*
Action
Gas to U.
international pipeline to transport natural
the Pacific Northwest
315,967
Authorized
Co., Inc.—Earnings—
$3.01
public
power
from
$1,7.99,582
348,618
charges
CAPITAL
Light & Telephone
Western
'
project which
$1,226,237
48,721
$2,254,292
v
also owned interests in eight
County, New Mexico, and East¬
land and Wise Counties, Texas. Said leases total 4,371.7 acres of which
the valuation report classifies 720 acres in New Mexico, 200 acres-in
pared with 262 a year earlier.
*
Northwest—
A
$528,830
51,629
deduct,
located
* 1949—Month—1948
Period End. July 31—
2,258 compared with 1,993
Alberta
Natural
$264,973
income-
oper.
nonproducing
■"Operating expenses
.
452,345
—
-
Period End. June 30—
—
$1,678,582
65,957
510,000
$1,19
Co., Ltd.
$594,337
facil.
Dr)
(Texas),
for
available
common
'
Coast Transmission
Total
Fixed
gas
$3,257,142
West
574,782
income
Misc.
$568,969
244,749
36,006
$540,545
$1,536,546
612,000
149,
p.
440,030
end of period
at
$565,864
26,472
$607,074
$685,963
income
Surplus
$1,976,576
440,031
'
stook
com,
170,
915,588
$1,167,741
—
of
ry.
Other
104.481
v
-
920,02j0
preferred stock
Earnings per share of
ing jit -end of period
—V.
•
381,969
610,998
1,088,797
$2,892,164
_
!
Balance
..
deductions
income
^-Shares
,
,
$2,087,761
other
and
Dividends
■'
1,436,639
$659,226
Western Auto Supply Co.
income
520,729
105,631
$1,733,823
26,703
.
Gross
Interest
-
$1,870,125
$2,865,461
92,149
revenues—
621,818
270,054
100,364
joint
(net
business
1,027,309
Cr59,000
taxes
$3,832,861
$365,337
income
oper.
and
rents
Luckhurst
income
Divs.
—V.
f,
1946
$2,043,713
26,737
124,403
.
$376,193 ' $3,424,989
139,000
November
1947
1948
1949
income
Net
1,419,772
——
17,142,953
614,681
before joining
Service Co.—Earnings-
$2,200,260
1,541,034
—
earnings-
Gross
985,953
Proyislon for Federal Income taxes—
Special provision for conversion to natural gas
.
revenues
exps. and taxes—
■"Special charge
1948
"1,114,606
—
acquisition adjustments
Property losses chargeable to operations—
17,819,212
99,516
Railway
Equip,
Schwenk
Oper.
260,600
Amortization of plant
3,175,035
Cr94,329
tax
HISTORY
411,625
costs—
conversion
gas
1949—6 Mos.—1948
$4,051;228 $21,244,201 $20,975,819
accruals—
other
stock).
1,498,305
Amortization
.
170, P. 536.
Years Ended June 30—
Operating
Other
$18,420,210 $17,979,114
10,987,921
10,546,225
Maintenance
,
of
Subs.)—Earnings—
revenues
STATEMENT
107,309
Income
Mr.
Interest
Light
tax
Payroll
Gilbert
the electric properties of this company for the
week
ended
Aug.
6,
1949, totaled 96,776,800
kwh., a decrease of
8.36%
over the output of 105,578,000 kwh. for the corresponding week
output
Power
company has sold $150,000 $4 preferred stock at par to customers.
Proceeds will be used to finance the cost of new facilities.
Gas
from
rev.
Railway
Yale
8.36%—
Weekly Output Decreased
The
Operating
cents per
of record
share paid on June 30,
quarter from March 25,
This compares with 37»/2 cents per
last, and with 25 cents per share paid each
1948 to and including March 31, 1949.
9.
Net
VY
Washington
INCOME
$3,718,736
Declared—
pp. 404 and 345.
' "
SYSTEM
1949—Month—1943
expenses
'-Net
declared a quarterly dividend of 45
common stock,
payable Sept. 30 to holders
the
on
Sept.
Curb
books
Warwick Valley Telephone Co.—Sells Preferred—
?Y
- '
among other
have
directors
West Virginia Water
stock, par value $1, was suspended from dealings
Exchange on Aug. 3 In view of the fact that
at the
close of business on Aug. 5, 1949.
common
Co.—Earnings—
•
Larger Distribution
The
1949.
15,
RR.
oper.
Net
carrying-out of the refinancing plan is subject,
to the obtaining of all necessary authorizations
under the Public Utility Holding Company Act
of 1948—V.
Aug.
Pacific
oper.
other funds of the
plan and carry out
time.-
the
RFC
the
secure
shortly
p See also V. 170,
■
to
104,126
Railway
within
the plan of reorganization will be consummated
trust certificate., for the "new" common stock
issued"
common
K;
needeO
instruments
of
present
and
New York
transfer
"When
they will vote to authorized issu¬
Also,
146,071
electric
of the Com¬
of 1935 and
other
regulatory authorities, the registration of the new securities
under the Securities Act of 1933, and final approval by the board of
directors in
the light of market and other conditions prevailing at
President of the company by the
canceling presently authorized and
on
the creation of 5,000,000 shares
voting
the
issued
the
the
and
35,534
Mr.
directors.
of
The
things
mission
on.
will
expected that
be
The
on
slate
been approved.
and" that
v.
the
on
to provisions of the reorganization plan,
authorized issuance of stock not issued under
Authorization
that have
on
stock.
also be voted
new stock
valuation of
lace
vote
warrants
The
will
are
Vice-
McMenimen,
C.
stock according
new
Joan
-
Co.,
elected
be
will
capital
new
par
of
ance
„
t0
expected
is
stockholders
The
of
Edison
Boston
of
Albert
and
Co.,
'
directors.
new
:
Watch
Waltham
of
Manager
proceeds from the financing, together with
company, will be used to complete the simplification
the refinancing plan.
Net
The
.
316,873
63,913
168, p. 2332.
Period End. June 30—
and the present variance from the provisions of the so-called
grandfather clause" contained in Section 11 of the Act will be
As
the
stockholders have
been previously advised
Mr.
Thompson
called
have
company
367,478
CONSOLIDATED
District Court for enforcement
Act since the company will then own directly all of the systemstock of each of its three major subsidiary electric com¬
pany
panies
a stockholders' meeting
company's reorganization.
for five directors, three of
whom will be the voting trustees who will control the company until
"a Reconstruction Finance Corp. loan to the company is repaid.
The
voting trustees are J. Edson Andrews,. Vice-President of Gale Shoe
Co., Inc., chosen by the debenture holders;
John G. Daley, General
Plant
Manager of New England
Telephone & Telegraph Co., and
James F. Fitzgerald, General Contractor, chosen by the Federal Dis¬
The
for
.
$1,178,866
130,303
taxes
Railway
consummation
"great
Waltham Watch
$1,284,843
(Including Sacramento Northern Ry. and Tidewater Southern Ry. Co.)
removed.
"
$577,504
before
income
—V.
substantially the compliance of the company's heading company system
with the provisions of Section 11 of the Public Utility Holding Com¬
held
.
followed approval by the SEC
plan.
The
.
Net
-
has applied to a U. S.
company,
the
30,176
$57,271
222.739
—
the
of
217,183
35.102
—
taxes-.———
income
217 183
—
program
of the corporate simplifaction plan filed by the company
the Commission last February.
The Commission, at the request
July 28
on
1948
$835,008
of
goods sold
Operating expenses
Of
Net
1949—12 Mos.—1948
$641,543
173,808
inc.
income
Co.—Earnings—
1949—6 Mos.—1943
revenues
Western
the refinancing
Adoption of
sales
Net
Cost
Operating
Operating
Commission.
the
1949
*922,691
Period End. June 30—
_
Victor Equipment Co—EarningsQuarter Ended June 30—
Western New York Water
•
construction
1949 through 1951,
costs,
of the sale would be used towards
estimated
at
$888,000
for
the
years
and to retire a $100,000 bank loan.—V. 170, p. 441,
Volume 170
Number 4829
THE
<
.
COMMERCIAL
&
FINANCIAL
CHRONICLE
(601)
13
Stock Record «» New York Stock
Exchange
DAILY RANGE OF PRICES
WEEKLY VOLUME OF TMOING
YEARLY RANGE OF SALE
Range for Previous
Year 1948
Leweet
STOCKS
v
Range Since Jan. 1
g; Highest
9 per share
FOR EVERY USe ISSUE
Uwwt
9 per share
f per share
37
Jun
70
May
'
NEW
Highest
YORK
Dec
14%
100
Dec
2%
1
Feb
Abbott
35
Dec
7 Ya
Feb
13
21% May 26
Acme Steel Co r.ew
14
20% Aug 11
Adams
Adams-Millls
1% Jun
23% May
46% Jan
Dec
27 Yb
16
45 • Aug
8
102 Ya July
7
3 Va Jan *7
Jan
35
14
2
Jan
7
34
2
14% Feb
5
20% May 17
5% Jun
22%
4iy2Apr
27% Mar 28
41% July
Dec
'
20
8% Apr 19
47% July 13
:
5
'
46 ./
xl8%
Dec
99
27% May
May
Nov
May 25
18% Jan
3
97% Mar
108
9
2 %
Nov
4% May
2% Jun
Dec
21% May
80% Jun
13% Feb
15
65
Nov
>2%
Dec
37
Feb
65 Ya
70
Apr
14
25
25
May
64% Jan
24
75
14
Dec
34
May
17 Vs Jun
Dec
109
May
90
Mar
Apr
83
96
Dec
11%
Mar
July
6
Jun
Jun
Express Co
l
Corp
No par
7
Mar 12
50
W—
w
Inc
4%%
preferred
Allegheny Corp
28% May 19
25 Yb Feb
25
32% July 27
Allied Stores
91
Jun
83% Jan
8
25 % Feb
25
30% May 12
76
22
83
*25
Nov
V
3% Nov
Jun
31%
Oct
26% Jan
Nov
50
14
31% May 10
3% Jan
0
29
43
Feb
121
89% Feb
7
2% Jun
Jan
83%
May
37
3
34 Yt
Dec
52%
Jun
34% Jan
Oct
10
Mar
6% Jan
3
68
Mar
51
Jan
29% July
20
Jun
Nov
18% Mar
58 Yt
Feb
31%
70
Dec
103
43% May
Nov
6%
111
Sep
3
3%
.....100
*66 %
68
68
68 Va
68%
76 Yt
Feb
163%
Nov
74
177
104
17
*27%
28%
*27%
common__No par
31%
32 Va
31%
28%
31%
18% Mar
3% Jan
7
Amer Cable & Radio Corp
93% Aug 12
185
33% Jan
7
Jan
60
Jun
1
82
Jan
11
May
19% July
110
Aug
106% May
51
May
39% Feb
22% Mar 30
1
109
6
Dec
20% Jun
15% Feb
Dec
22%
14
Jun
14
Jun
Dec
94
Jun
43
Oct
35% Feb
Feb
Feb
49% May
American Chicle
4
Mar 11
87
Jan
3
14
36% Mar 31
8
non-cum
9 per share
5
9 per share
Jan
4% Feb
6% Aug 10
18
19
Apr
13% Jan
5
Sep
1% Jun
7
Dec
4% May
89% Jan
Dec
14%
Jun
44
Jan
6% Jan
Apr
8
2% Jan
10
58
3
Apr
9% Apr
3
4
6
37
Nov
77%
Jan
37
Jun
17
51
Jan
31
35%
Dec
43 % May
34
Jun
13
37% Feb
4
3%
Dec
7%
Jun
20%
Feb
5%
3 % Jun
Jan
53
Jan
6
Jun
3
46
26% May
Dec
24% Jan
8% May
5% Jan
79
Dec
92
Jan *
73
10%
13%
Feb
15%
Jun
Jan
19
Jun
11% Feb
15% Mar
16%
Dec
95%
Feb
26%
12% Nov
72% Dec
6
Dec
Dec
93
5%
11% Jun
80%
69% Nov
12% Feb
Dec
12%
70% Feb
28
Oct
Sep
46
Apr
68
May
46%
Feb
Mar
31
Mar
125
Nov
163%
6% Mar
23% Jan
37
8
4
Dec
24%
Feb
41
115%
Nov
6%
Dec
*33%
Nov
90
Dec
76% Mar
x5 %
Dec
130
5
34%
5
American
Aug
8
American
28
Jun
14
60% Jan
Jun
3
138
Jan
135
Apr
3
6% Jan
21% Jun " 6
83
112% July
8% Jun
Mar 31
59% Jun
2
4% Jun
6
120
9
Jan
7
May 16
8% Mar 30
38% Feb
17
91% Mar 11
80
Jan
4
6% Jan
7
67
May
41% May
48% Jun
1
25% Jun
14
35% Jan
7
Feb
45%
22% Jun
14
35% Jan
8
Jun
Jan
25% Jan
Jun
8
Feb
Mar
4
Dec
For
36%
Jun
14
Apr
6% May
footnotes
see
page
62
Aug
1
35% July 26
105 •
Mai
2
48% Jun
20
55% Jan 27
15% Jun
:
18%
3
99% Mar 29
Jun
60%
15%
13
23% Jan
7
8% July
7
10% Jan
12
2% Aug
4
4% Jan
5
24.
6%
.% 18%.
18%
18%
48%
*r 1,000
15%
15%
15%
77
*74%
75
75
75
44%
45%
45
45%
108%
108%
*107%
108%
108
108%
31%
31%
*74%
31%
400
108%
32
77
76
>76
45%
45
31%
Monday
I per share
Tuesday
Aug. 8
I per share
5%
6%
♦18%
18%
*16%
STOCK
16%
1%
51%
8%
*45
27%
8%
44%
44%
7,200
108%
108%
108%
1,400
31%
31%
1,000
32
*12%
Thursday
Aug. 10
6Vu
*18
50
6%
6%
9 per
6%
6%
19
19%
16%
16%
16%
1%
1%
1%
52%
51%
1%
51'/2
16%
1%
51%
53%
53
8%
8%
45
28%
9%
*8%
*98
13
12%
*18
16%
16%
600
1%
1%
1%
1%
4,000
8
8%
8%
45
46%
46%
47
♦45%
36%
37%
37%
*36%
37%
4
48
28%
9%
104
12%
*3%
28%
4
4
4
4
48
*45
*45
48
*45
28%
x28%
28%
9%
*9
♦98
104
•98
13%
13
13
13
18
♦17%
14%
78
78
80
78
78
13%
13%
13%
13 Va
*78
13'A
*80
83
"
♦80
5%
5%
5%
273/4
27%
6%
*6
6%
•34
35%
34'/a
34%
600
11%
12
11%
11%
58,400
99
833/4
99%
84%
983/4
84
84%
4,700
3,600
13%
13 3/a
13 Va
13%
14,200
176 va
*104
83%
833/4
84%
13%
13% .13%
par
178
176
38%
178
7%
7%
36
343/4
383/4
38%
par
46
43
48
100
155
156
155
25
com
preferred
100
Foundries—_No par
Co
No par
176 Va
73/4
35
38%
48%
156
41
41
*141%
40%
40%
143
143%
143%
233/4
24%
27
27
24
24%
26%
26%
900
3 5 3/4
105
13 Va
7%
—-
300
-
*
83
35
~
5%
27 V//.*'
i.
13%
*176
83
5% V
*6
84
5
4,400
35%
13 Va
loo
13 V
*80
27
200
79
*104
*
83%
No par
17,600
12%
27 3/a
6%
1,700
14%
*77%
5%
27%
700
17%
14%
83
5%
1,300
.
♦17%
13%
273/4
9%
9%
14%
105
io,ioo
13
13
18%
*6
500
104
14%
*103
1,100
2,100
,
28%
28
9
104
18%
83
2,700
48
9
14%
13%
V
4%
♦98
18
83
8%
8%
8%
14%
105
1,100
47
36%
8%
14%
*103
53
53
37%
18
*80
400
1
531%
14%
83
3,500
16%
18%
*80
19
r;; '
*18%
18%
13%
Shares
6%
*8
6%
19%
16%
13%
*78
Sals* for
ths Wssk
4 per share
share
45
*3%
28%
■
Friday
Aug. 12
Aug. 11
9 per share
19
104 %
*98
Wednesday
Aug. 9
S per share
No par
x7%
343/4
,*38'/a
176%
40%
*143
383/4
,
/"
6%
_
100
176%
7%
73/4
5,300
34%
35%
4,500
48
48%
383/4
48%
155 Va
27
41
40
143
143
142
23%
•26 3/a
<
7,300
280
40
600
142%
40
24
23%
233/4
3,900
26 3/4
26 Va
263/a
500
*9%
9%
9 Va
9Va
9 Va
9 Va
9%
9%
93/a
9 3/a
36 3/a
36%
3 6 3/a
36%
,*363/8
363/4
363/4
363/4
363/4
363/4
500
123%
123%
Tobacco
common
Tobacco
5
100
common
143%
25
X703/4
*1483/4
Co Inc
14
59
100
common
120
5
*
7%
common..No par
26%
100
*84%
preferred
$4 conv prior preference
Lead is Smelt
No par
com
1
123
65
6%
144 Va
123
1233/4
1233/4
18
18
18
.100
„
Woolen
»
800
100
—100
Su*»atra
No par
;
Refg
<
220
383/4
47 3/4
155%
*40
f
'•
30
73/4
35%
383/4
180
155% 156
40%
*26%
105
383/4
•
146
24
*6
/.
7%
1553/4
23%
•104
105
35 Va
*176%
7%
35
48%
48
155%
....
'
preferred
prior
1,700
18%
16
*5 Va
Amer Zinc
$5
46%
San'y com—.No par
Water Works
7%
22
109
273/4
preferred
American
18%
,*15%
31
1,100
*21%
*107'A
46%
45%
31
400
47%
993/4
American Viscose Corp
5% preferred
Am
•*,
160
5,000
69
22
5%
American Tel At Tel Co
63
Jun
38%
18%
15%
3,400
:,U
v
28%
47
99
American
49% May 10
X117% Apr 18
56% July
107
*17%
16
184
109
*107%
99
5
Feb
Sep
18
29
22%
109
93%
93
183%
47%
47
98%
5
Aug
*107'A
47%
273/4
Ship Building Co
No
At Refg common__No
American
22 V*
22%
109
47
99
71% Aug
150
22%
93
184
*5Va
com
150% Jan
3
Jan
*68%
93%
17
Mar
69%
No par
126% Jan
18% July 20
*67%
12%
10
6
68 %
92%
27%
;
American Stove Co
July
68%
11%
American Sugar
7%
preferred
Jun
68 %
113/4
10
5,600
28%
11 Va
13
3%
29%
113/a
Stores
3%
28%
11%
American
3%
*183%
No par
2
3,200
29%
92%
35%
27% Aug
200
6%
No par
Co
8nuff Co
99%
6%
3%
183
*35%
non-cum
1,500
99%
29
17%
45
33%
91
*107%
28,600
6%
183
6%
Steel
Nov
Oct
6%
1,600
8%
99%
com.No par
Safety Razor.
Seating Co-
American
2,100
6%
29 %
36%
American
51
98
22%
109
147%
*73%
8%
91%
*6 Va
7
37,700
68
182 %
36%
37% Jan
16
100
100
12% Jan
120
1
No par
Smelt
7%
•66
8%
6%
3%
1
Jan
30%
46% Mar
50
preferred
May
68
90%
Aug. 0
common—1
Light
23%
Y/IO^'-O
182%
*15%
Saturday
preferred
8
41
July 26
143% Aug
9
&
$5
7%
36
»
30
25%
91
8%
No par
17
8%
*47
20
Metals
Co
News
65
*23%
LOW AND HIGH SALE PRICES
Co Ltd
25
131% July
20'/a May
104
21%
•107%
100
7% Jun
Jun
68%
100
com—
31% Feb
120
69
Products
Jan
71% July
69
preferred..
Molasses
33%
100
29
STOCK
Leather
May
144
29 %
preferred
Amer Rad At St
Amer
10%
Feb
7
Am
6
46%
84% Aug 10
14% Jan
176% Aug 10
3
34% Jan
Jan
158%
68%
3%
No par
preferred
3
21% Jan
Oct
3%
182 %
preferred
$6
7
Apr
54% Mar
Aug 12
41% Feb
27
147% Mar
100
56% Jan
Dec
131
3%
Fdy Co com—_No par
preferred
100
Amer Power
156% Aug
3
Deo
4%%
17
14
16%
3%
28%
preferred
American
10
x65
♦99
6%
Amer Mach As
American
10%
*34
6%
*45
22
2,200
23%
99%
6%
33%
*99
48
11
Jan
116% Mar
July 22
6% Jan
300
4,000
40
66 %
34%
6%
3%
3.90%
40
66
*99
99%
com——1
American Metal
500
•
10
'
34
34
6%
3%
*36%
Amer Machine At
1,800
2%
111%
109%
8%
34%
99%
45
13
Feb
19% Jun
21
19
8%
9
33
36%
3%
7%
*66
1
No par
Locomotive
68
8%
45
Jun
142
35% May
•
8%
8
36%
Co
800
'
CLOSED
36% Aug
8
12% Aug 10
6
Jun
Nov
*66
10%
*66
lo
39% Jun
Jun
140
Jun
Mar 31
35%
25 %
104
10
169
Jan
Feb
11
10
Jan
6 %
139
3
83% Feb
16% May
176
16%
38
4
5% Jan
7% Mar 14
30% Jan
32
Feb
8
7% Feb 25
95% May
86% May
162% Nov
7
96% Jan
Jun
Nov
3
13
Jan
Dec
11%
Jan
4% Jun
Dec
8%
35
Feb
6%
76
22% Jun
July
Feb
68
68
No par
non-cum
200
9,700
-
41
*37
40%
*66%
American
20
40
*23%
18% July 25
14% Apr 12
81% Apr 20
OQ3/t
•2% ;
109
10%
18% Jan 20
13
30%
108
23%
No par
American Home
Jan
108%
107
66%
100
preferred
Ice
30%
2%
41
10
$7 2nd preferred A
6%
30%
96
*93%
31
*2%
*37
66 %
$6
American
82%
23%
90%
American Hawaiian SS Co
is
L
30'/a
66 %
EXCHANGE
conv
7,500
82%
23%
No par
6%
100
31%
29%
10
American International Corp.No pa*
American Investment Co of 111
1
102
39%
182%
;
28%
31%
82%
x30%
3
41
*37
107%
39%
39%
*2%
2%
39
106%
25
preferred
Aug
5
2%
39
100
Co
*28%
*
17
'
2%
No par
preferred
400
2,400
■*
♦16%
94
23%
American Encaustic Tiling.,
1
American European Secur____No par
American Export Lines Inc
40c
Amer it Foreign Power com—No par
American Hide
31%
■
■
7%
30%
66%
Par
$7
30%
30 %
—
87
82%
10%
1
common
YORK
May 17
Aug
5
13% Aug 10
1
22
98
Dec
29
9 %
14
Jun
10% May
35
29
100
7
12% Jun
24
27
5
5
73
Jun
47% Jan
5
23
Jun
21% May
94% Jun
24% Mar
Feb
Jun
108
Inc
t per share
19% Aug 10
Dec
46
30%
/■'■
180
180
94
23%
EXCHANGE
28
1%
6%
NEW
15% Feb 24
19%
13%
42
31
32
6:600
j-
30 Va
'30%
83
100
Co
Distilling Co
Highest
9 per share
7% May
Oct
14% Mar
30 Va
83
67%
Colortype Co
10
Crystal Sugar com
10
4% % prior preferred
100
American Cyanamld Co com
lo
3%% conv preferred series A_100
Range Since Jan. 1
Leweet
Highest
96
♦94
823/4
STOCKS
Year 1948
96
10%
American
American
28%
3P/4
23%
American
5%
Kaage for Previous
Lowest
Co
5
45% Aug 11
1087/a July 27
99
Can
*28
32
66%
com.. No par
7%
preferred
American Car & Pdry com
7%
preferred
American Chain & Cable
1
25% Jun
107% Jun
25
American
July
17% Mar 21
71% July 29
Feb
94 Yu
Co
preferred—
Broadcasting
18% May
8
14 %
Shoe
conv
47% Aug
15
15
81
33 %
July 21
6
Jan
38
3
28
30%
39
2
13
Dec
104%
Corp
American
Jan
28
31%
200
19
91%
•
*6%
7%
1813/a
21,200
72
V
*82%
17
1
common
3
81
*16%
50
Bosch
Brake
17
10
preferred
11
4%
*16Va
*6%
100
common
conv
10
21% Jun
27
cum
Jan
100 Ya
Nov
Airlines
preferred
Amer
*94
108
87
180%
29%
107%
*82%
7%
180
82%
Petroleum Corp
No par
Agricultural ChemicaLNo par
87
19
♦90
49,800
533/4
♦69%
:v.
19%
60
'•
3Va
3
92
7
30%
Amerada
70 3/4
19
179 Va
82%
41
*52%
*90,
2,300
693/4
*68%
7
30%
2%
com
70
3%
533/4
179%
82%
*37%
Jan
172% Mar 17
96
19%
5,300
16
703/4
71
92
29%
,__No par
Co
preferred
2% Jun
Jun
*93
1
6%
*82%
*16%
50
American
87
*82%
17
10% Jan
Jun
87
7
19%
*90
20
3%
3 Va
16
53
3
53
*69%
19%
16%
1
49%
*82
gtd__100
51
94
7
Alpha Portland Cement
Amalgamated Leather
3%%
69 Va
19%
*90
179
5% Jun
92% May
Oct
28%
35
96% July 11
69%
71
19%
94
7
American Bank Note
14
19
*92
-3 CD
24 Va Mar 31
10% Mar 29
50%
•
16%
*68%
2%
2%
51%
179%
4
66% Feb
*69%
No par
preferred
100
Allls-Chalmers Mfg common.No pat
3%%
conv
preferred
lOfl
Amer
2%
'
1
13
*
68
•ZV?: 4,200
106
•102%
3%
3%
16
22%
22 Va
22%
106
100
48
*46
48
22 Va
*102
16 Va
5
convertible
*46
22%
103
3Va
4%
6%
48
22'/a
102
16 V*
No par
American
30% Mar 23
Jun
10% Dec
6% Jun
Dec
31
3,400
3%
Co
Corp
7%
16 Va
Dye
10% July 22
67% July 26
61% July 6
x7% Jun 29
May
Jan
111% Aug 12
40 Va Jan 25
3
6%
47
Aug 11
May 17
Apr
6% May
44
Jun
Kid
7 Va
3Va
Allied Mills
Allied
73/a
*46-
22%
No par
14
7%
16%
Industries Inc
&
10,200
7%
3%
preferred
Chemical
1,300
183/4
7%
16%
2%
Allied
33%
18%
3%
50%
conv
33%
19 Va
16%
2%
$4.50
33%
183/a
5
w w_
40
33%
19 Va
10
common
*38
40
33%
18%
104
v.
*38
333/8
48
22
*102
40
•38
,
7%
*46
22%
50%
15
98
46 Va
104
1
15% Jun
42% May
V2
preferred A
100
12.50 prior conv preferred_No par
Allegheny Ludlum Steel Corp.No par
24% Jun
Dec
*38
*102
5%%
Jan
Dec
5,100
22%
100
common
34% May
37% May
73
3,500
20 Va
46
No par
As
21%
26%
19%
20
7%
Allegheny & West Ry 6%
94
19%
20 %
7%
Dec
Feb
19%
17%
7%
Dec
Mar
19%
20
1
16%
25
19%
20%
19
preferred
1,300
19%
19%
34
Reduction
2%
20
40
$3
6,000
44%,
*2%
19%
18%
Alabama
Shares
102 %
♦98
23%
-
the Week
19%
34
Air
44%
45
102%
*2%
Sales her
■
share
19%
*38
com
44%
*98
2%
Aug. 12
s
nhnre
19%
18%
25%
81
2%
vr
19%
34
Equipment
45
102 %
*98
Friday
Aug. 11
20
40
Allen
1
44%
,
2%
17%
10
18% Feb
*2%
33%
17
188% Jan 24
2%
Thursday
S
1 per share
44%
102%
l
8% Jan
16
CLOSED
44»/a
*98
Addreessgraph-Multigraph Corp__lo
Inc
May 13
EXCHANGE
45
'
Wednesday.
Aug. 10
Aug. 9
$ per share
102%
2%
STOCK
'//:;■
Admiral Corp
Affiliated Gas
93% Feb
13
165
lo
Alaska
4
44%
*98
2.50
Aldens
11
27% Jan
7
Jun
May
198
Mar
104
Co...
Vicksburg Ry
Juneau Gold Mining
3% Aug 11
July 12
Motors
# per share
No par
9
53% Aug
75
ACF-Brlll
Tuesday
Aug. H
I per share
__5
new
2
3% Apr
16V2 Aug
2% Feb
90
7%
Aug 10
40% Feb
100
*171
;
Oct
4% May
58%
Dec
23%
64
Aug
23% May 16
103
21
13%
<
Laboratories
Abraham is Straus
Monday
Aug. 6
Par
xl7% Jun
May
6%
Saturday
>
.
J per share
<
18% Jun
76
STOCK
V; v:; EXCHANGE
18
18%
18%
144%
71%
70%
150
150
58%
59%
120
*119%
7%
7%
26
27
*84
87 Va
65%
65
6%
6%
144%
70%
150
59%
1203/4
7%
144 Va
70%
1493/4
144%
71
1493/4
*123
144%
144'/a
144%
300
127
18 Va
144'/a
900
.
32,100
71
70 %
70 3/4
*149% 150
149 Va
149%
120
58 3/4
583/4
3,400
70 Va
59%
593/a
593/a
119%
119%
*119%
120 7/8
7%
•18
18%
58%
7%
*124
127
18 Va
♦
1197/a
7%
4,400
270
120
7%
263/4
24
73/4
243/4
89
*84%
87 Va
84
84
*81
65%
♦63
66
65%
*61 Va
2,500
28,700
86'/a
65
26 3/a
6%
26
•
6%
6%.
7%
*61
6%
6%
24%
6%
24 Va
100
200
6%
3,400
25
61
61
62
61 Va
61%
617/a
61 '/a
60
50
29 Va
29%
29%
29%
29 3/8
293/4
293/a
29%
29 Va
293/8
13,600
No par
27
28
27 Va
27%
27%
27%
27 Va
27%
27 Yb
273/4
830
Anchor Hock Glass Corp com__12.50
$4 preferred
No par
35
35
105
105
conv
preferred.
Anaconda Copper Mining
Anaconda Wire & Cable
Anderson,
Clayton & Co
Anderson-Prichard Oil Corp
Andes Copper Mining
A P
W
Products
Co Inc
*60
*34
;«
*104%
62
♦61
*333/4
700
343/4
35
*333/4
106
104%
104 3/a
106
104%
51%
51%
52
52
51 Va
51 Va
800
21 %
21%
23
22 3/a
23
22 3/8
22 Va
23,600
9%
2%
9%
93/4
10%
10%
*9%
10 %
400
2%
2%
23/4
23/4
*2 3/4
2'/a
1,400
21%
51%
51%
*51%
52%
lo
203/4
21%
21%
20
*9%
93/4
9%
5
*2%
23/4
2%
35
*34%
*104%
34 7/a
104
%
(
70
■
COMMERCIAL
THE
(602)
14
YORK
NEW
89
Dec
6%
26% May
35% Aug 10
Archer-Daniels-Midland
Oct
19% Jun
14
27% Jan
26
Armco
Jun
77
Jun
15
95
Feb
3
5
Jun
13
7% Jan
8
49% Jun
7
77% Jan
10
13
4.9% Jan
21
32%
101%
Dec
68%
Dec
106
Jan
41%
Feb
56%
Jun
Jan
99 %
Jun
94
2
38% Jun
88
103
Dec
g9% Feb
15
16% Jun
13% Jan
12% Mar
19
May
7% July 18
11% Feb 28
Dec
111
May
95
11%
17% Aug
Dec
98-
Illinois
$6 conv prior preferred
Armstrong Cork Co com
14
38% Aug
102
Feb
114
May
91
Feb
99
Jun
Nov
25% May
xl9%
64%
48% Aug
99
Oct
7
Jun
1
110
Aug
2
93% Jun
24
24%
*
20
Apr
99% Aug 11
24% Aug 11
67%
67%
67%
67
*65%
67
85%
*83%
85%
*83%
85%
25%
35%
35%
35%
85%
35%
*83%
35%
109%
109 %
109%
109%
"109%
109%
*109%
1093/4
3
Atlas
7
Dec
19
Jan
4% Jun
19%
Jan
11% Jun
4%
Feb
Oct
4% Jun
14
35%
Jan
46
Jun
13%
Feb
16%
Jun
Jun
Dec
17%
Jun
8% Jun
16% July
7% Jun
Mar 24
8
20
7%
15
14
Nov
6%
*109%
*98 %
23 Va
Jan
.
24
7% Jan
7
44% Jan
10
8
14% Jan
13
13
12% Jan
7
Baldwin
13
11% Jan
7
Baltimore
"
109%
88
88%
67
87%
83%
100%
100%
100%
700
11%
11%
2,000
36
36%
3,700
35%
500
100
36
4,300
120
99
98%
99
98%
99%
98%
99%
99 %
99%
280
23%
22%
23
23%
24 Va
23%
24 %
23%
23%
7,900
50%
860
49%
104%
105%
17
17
*17
50
50
104%
104%
18
*17%
50%
50
50
104%
105
105
*105
106
*17
18
*17
18
13
50%
190
100
6%
6%
6%
6%
6%
6%
6%
63/4
6%
6%
5,000
*14%
14%
*14%
14%
14%
14%
14-%
14%
143/4
14%
400
5%
*5 Va
4%
—
17% Mar 10
34% Jun 14
105%
conv
87%
100
100%
49%
49
No par
Powder common
4%
Atlas Tack
6% Aug 10
11
xll
<
88%
87
100%
preferred—
—100
Corp
No par
Austin Nichols common
No par
Conv prior pref. ($1.20)—No par
Autocar Co
5c
Automatic Canteen Co of Amer—5
Avco Mfg Corp (The) common—3
$2.25 conv preferred
No par
13% Feb
6,700
*83%
4
16% May
10
2,000
*67
Jan
Nov
70
38%
36
Jan
12%
38%
84
20% Jan
25
38
96%
68
*58
4% Feb
37%
4,900
99%
'
35%
106
9% May
37%
37%
14%
14%
99%
*95
84
7
Dec
33%
37%
14%
99%
96%
63
10
4%
37%
37%
14%
99
36%
4
July 20
*94%
x36
Feb
16
07 %
33
RR
Jun
100
Jan
14%
100%
*94%
37%
Line
Jan
42
-
Jan
114
Sep
20
Mar 18
106
Xl4%
*100%
97%
Atl G & W I SS Lines common—1
5% non-cum preferred
100
Atlantic Refining common
_25
4% conv preferred series A_.10d
1
Preferred $3.75 series B
100
Atlas Corp —.—
;
5
70% July 13
13
15 Va
101 Va
96%
97%
600
37%
Atlantic Coast
50% July
14%
101 Va
97%
9%
37%
7
30
15
102
14%
*100
50
9%
33
Jan
Jan
9%
36
47
94
x9%
600
No par
13
39
8%
14%
12
32% Jun
7
8%
*14%
*11%
July
14
8%
110
99%
110%
100%
62
Feb
14%
1,800
2,400
46%
99%
*110
12%
Dec
Feb
14%
*110
88%
44%
30% Jun
*14%
8%
9
14 %
110
100%
A T F Inc—
53
14%
14%
46%
99%
110%
14%
110
340
27,600
62
87%
7
77
99 %
60%
11%
Jan
Dec
46%
99%
63%
46%
8,400
6%
100%
24
15
Dec
46%
6%
88 Va
7
103% Jan
4
64%
*99%
63
6%
11%
105% Jan
14
81
99
110
63%
2,200
23%
86
100%
14
10% Aug
Jan
*14%
46
45%
99
110
6%
Shares
34%
22%
86
11%
Jun
97% Jun
Sep
Feb
45%
98%
110%
98%
6%
34%
23%
11%
80
Jun
25%
45%
45
62%
6%
*62%
34%
86
86
11
Sep
Jun
19%
66
62%
64
7%
34%
x23
the Week
S per share
-—-10
120%
107%
Dec
96
CLOSED
Atch Topeka & Santa Fe com__100
5% non-cum preferred
!—100
Feb
Mar
13%
84
61%
EXCHANGE
6%
7%
7
Associated Dry Goods common—1
6% 1st preferred
100
7% 2nd preferred
100
Associates Investment Co
10
2
35
24%
87
9
30% Feb
Jan
23%
86
for
Sales
Aug. l i
# per share
35%
23%
86
No par
Jun
23
35
23%
85%
Artloom Carpet
15'A July 15
Jan 21
35
34%
86
11
Co Inc
24%
Friday
Aug. 11
Sper share
23%
30
27
87
July
STOCK
No par
—
share
34%
*110
98% Jan
106
No par
No par
$ per
85
No par
—5
12
Dec
5
com
Thursday
Aug. 10
23%
$4 conv preferred
Arnold Constable Corp
Apr
87%
of
preferred
$3.75
103
Apr 27
Co
&
PRICES
Wednesday
Aug. 9
$ per share
I per share
HIGH SALE
AND
Tuesday
Aug. 8
No par
10
100
com
preferred
conv
Armour
3
1
13% Mar
Steel Corp
4%%
,
4
110% Jan
Jun 22
105% Jun
115% July
18% Jun
Nov
13%
Far
Jun
15% May
Nov
Monday
Monday, August 15, 1949
RECORD
LOW
$ per share
$ per chare
$ per share
34%
Nov
STOCK
Aug. 6
EXCHANGE
.'•>/ Lowest
Higheat
t per share
23%
CHRONICLE
Saturday
NEW YORK STOCK
Range Since Jan. 1
Highest
Year 194#
24
FINANCIAL
STOCK9
Bug* far Prevteo*
Loweit
•
&
11%
5%
5
5%
11%
5%
5%
5%
35%
25%
*35%
5%
11%
5%
12
12
5%
5%
5%
12
*11%
12
12
5%
1,500
12 %
1,400
5%
5%
5%
5%
5%
9,300
35%
35%
35%
7C0
36
*35%
36
35%
B
11%
Mar
10
xl3
14% Jun
Babbitt
28% Jun
36
45%
Dec
39% Mar
Nov
16% Mar
Jun
15%
Dec
23%
30%
Dec
43% May
80%
Sep
90
6
Mar
4%%
,
Barnsdall
12
Bath
18
1854
9,100
18%
13%
13V4
1,200
*69%
*40%
41%
41%
42%
42%
70%
42%
42%
421%
900
16%
*16%
16%
16 J/2
16%
16%
16%
*16%
16%
700
*36 Va
37%
*36%
37J/2
*361%
371%
*36%
371%
48%
47%
47%
47%
50
*36%
49%
371%
47%
50%
49
4974
-I
12%
12%
12%
12%
12%
13
12 3/s
12%
13
3
20
Bayuk
Jan
4
47% Aug 10
87% Feb
25
11% Jun
13
4,600
No par
common.25
12%
13%
13%
13%
13%
13%
13%
13%
13%
13%
32
2,600
46%
47
47
47
473/8
47%
47
47
47
47%
Jan
22% May
96
Cigars
Beatrice
3%%
May 14
94
94
*931%
941/2
*93%
94%
15
16
16
16 J/8
16
16
xl5%
15%
*77
80
5
20% Jan
5
78% Aug 10
.
6
10 % Jan
21
Beech
Aircraft
4
Beech
Creek
Apr
27% Jun
30
32% Feb
30% Jun
14
37
Mar 30
11% Jun
16
16
Feb
1
10%
Nov
19% Mar
10% Feb
14
16% Jun
30
Beech-Nut Packing
Belding-Heminway
Bell Aircraft Corp
14%
Dec
24%
Jan
11% Jun
14
18
Bell
26
9%
Dec
103%
Jun
89% July
"Feb
90%
-38%
Jun
26
Dec
21%
Jan
21
Dec
21% Feb 24
73% Jan
102
y.*•:«
2P/2 Feb
30%
Dec
5
.
5
> Jun 28
7
Bendix
8
Beneficial
2% July
; May 10
25
Jan
26% Jan
11
30% Jan
Home
26%
xl 3
Dec
13
Dec
29
31% Mar 21
preferred
Bigelow-Sanford
9% May 31
11% Mar 11
Birmingham Electric Co
Foods
.
Steel
I per share
Par
25%
25%
*79%
251/4
81
*99
991/2
*80
99'%
25%
81
*80
81
99%
*99
100
15,500
25%
25%
25%
81
100
9'/4
2574
1,500
*80
81
993/4
993/4
200
37,700
1,200
2%
2%
2%
2%
2%
2%
23/8
2%
23/8
2%
25%
•
25%
25%
25%
25%
253/8
25%
253/8
25%
255/a
29%
28
♦
—
28%
29 J/4
28%
co CO
27%
29
203/4
281/4
273/4
29%
28 5/a
28
273/8
287/a
283/4
28
134
*133%
23%
24
24%
24%
X24
24
24
10%
10%
10%
*10%
10%
10%
273/8
24
10%
10%
135
*1331/4
134%
133%
*133%
133%
29
3,500
27%
20,700
100
134
24»/3
24%
1,900
*10%
101/2
600
f per
Monday
Tuesday
Aug. 8
share
Wednesday
Aug. 10
$ per share
Thursday
| per share
Aug. 9
f per share
S per share
Friday
Aug. 11
for
Sales
the Week
Aug. 12
S per share
Shares
1,600
10%
11%
11%
11%
11
11%
10%
10%
5,900
Bliss
9% Jun
15
13% Jan
8
26
42
7
13
25% Mar 30
& Laughlin Inc—
Bloomingdale Brothers.
Boeing Airplane Co—:—
27
Jan
18
Bohn
64
Jan
12
32% Jan
5
22
JUly 28
8
,
Jun
.
Bon
10% May
Dec
71
26
Nov
25%
Nov
Oct
101%
15% Mar
'
17
16
14
20% Jun
8% Mar 30
32
Jan
Jan
10
33
Jan
6
103
Feb
16
14
26% Jun 27
98
Sep
Jan
14
18% Jan
3
Jan
3
29% Mar 14
95
24% May
Jan
32% Aug
6
120
Feb
21
Apr
124
Mar 19
10% Aug
8
70% Aug 10
40
Dec
7% Jun 13
61% July 6
26% Jun
27
34
Apr 20
78% Aug
12% Dec
90% Jun
i.
21% May
•
29%
43%
Feb
86
-
12% Feb
Jun
29% Jun
Jan
15
;> 24%
Jun >
13% Apr 19
18% Jan
Mar
97
JUn :)
77
Dec
100
88
Apr
Nov
Mar
114
Deo
.>•
Jan
6
77
Feb
10
14
,16% Jan
14
9
x97% Jun
13
121
13
60
-
4% May
3
27% July
17
'
Jun
35%
Feb
7
Jun
13
July
105
98% Jun
10
Jun
20% Jun
13
i
30
.
26
'
May
2
\
Jun
2
3
31% May
15% May
9
Nov
101%
Nov
119
Jnn
37%
Dec
44
1
3% Jun
27
16% Jun
7
9% Jap
100
Jun
24
May
*19% May
19% May
47% Dec
footnotes
see
Feb
page
3
2
4% Mar 30
Jan
■
v
18
7
5% Jan
6
22% Jan
lo
12"% Feb
4
109% Mar 21
35% Jun 27
41
16% Jan
8
18% Apr
11
10% Jun
13
14% Jan
7
40% Jan
24.
5
'
May
46% Aug
6
i2
23%
23%
23%
2,200
54%
50
51%
50%
53
53
54
52
55
18
183/4
183/,
19%
18%
191/2
19%
20%
20%
20%
2,300
19
18%
19
18 3/4
18%
18%
183/t
18%
18%
x433/4
49
98
2
2
*1%
2
32
32
313/4
5
.2.50
15
8%
25
Byers
Bros
30%
__1
9%
30% f
16%
15%'
Ry
16%
8%
8%
38
37
7%
8%
37
253/4
25%
2574
283/4
105
7%
24%
25
28'A
*103
24%
-■
26
25%
x273/4
28%
*31%
*10334
_
200
2
16
8
8
40
6,900
220
7%
25
25%
7%
3,500
24%
7%
24%
1,900
1,600
25%
27i%
28%
*103%
105
25%
28%
.
293/4
30%
30%
303/4
30%
31%
9%
9%
9%
9%
95/8
9%
9%
*32
3234
32%
32%
*98
99
93
98
17%
17%
17%
15%
*32
32%
100
32%
99%
16
9974
16%
163/4
17
15%
17%
•
16
.
100
120
1,500
15%
15%
15%
16%
122%
*121%
122%
*121%
123%
10
10%
10
10%
10
10%
9%
10%
x9%
9%
33,700
67%
69%
69%
70
69%
70%
70
x69 %
69%
960
32%
*122%
123%
122%
-
70
*31%
32%
*31%
32%
32%
*31%
93%
*92%
93%
*92%
93 %
92
92%
*93
14%
14%
14%
15%
15
151/8
*14%
15
33%
33%
33%
33 %
33%
33%
*33
9,300
33%
32%
1
100
_i
•
17%
17%
17%
18%
17%
18%
17%
*86%
87%
*86%
87%
*86%
87%
*86%
871/2
*86%
*81
86
*81
83
*81%
85
*82
83%
*72%
80
*72%
80
72%
80
*72%
80
14%
15
14%
14%
14%
14%
"
*7%
102
7
100
64
5
*31%
-
,17%
15
Nopar
—4—.
4,600
6,600
123%
32
.
2,500
105
9%
5
■
800
32%
39
8%
38
7%
105
4%
19
100
8%
103
7%
64
,
17
73/4
8
8%
101%
101%
*101%
7%
7%
7%
*63%
64%
64
14%
8%
8%
103
*101%
7%
64
7%
*63%
i
4%
4%
4%
4%
41/4
19%
18%
18%
18%
19%
100
*100%
22%
22%
33
33
53%
53%
*53%
IV*
1%
1%
4
4Va
4
101
*100
22%
22%
33
*
101
4%
*72%
14%
14%
8
8%
103
*101%
2,100
„
1,500
18
21,100
87%
100
82
80
,
14%
5,700
8
1,300
60
103
7%
7%
7%
64%
*63%
64%
4%
41/4
19
*"■
82
205
93%
18%
19
99
100
'*100
41/4
19
,
101
*21%
22%
33
32%
32%
54
*53%
4,500
.
'60.
3,100
5,100
50
1,000
22%
23%
22%
22%
33%
33
33%
32%
54%
53%
53%
54
1%
1%
1%
1%
1%
1%
1%
4,100
4%
4
4
4
4
4
4
3,200
;
—1
18
11%
Nopar
'103%
18%
12%
105
17%
18
11%
12
*103%
17%
/>
105
11%
105
18
»■•■■ 17%
12'4
U& 12
105
100
*36 3/8
37%
Canadian Breweries Ltd
Canadian Pacific Ry
No par
*173/4
18%
25
12%
12%
12%
13%
131/8
Cannon
13%
Nopar
45%
453/8
*45%
46%
451,4
46
Mills
8%
37
7%
*1%
32
32
32%
2
30%
16%
14
;
Co
32
*1%.
33
Calumet & Hecla Cons Copper
„5
-Campbell W & C Fdy
Nopar
Can Dry Ginger Ale com
1.66%
Southern
31%
2
♦121%
preferred—100
preferred
5,700
98
9%
9%
14
California Packing common—No par
5%
preferred :•
_50
conv
43%
*96
*31%
common
Zinc-Lead
43%
"48%
98
♦92%
—
•
43%
4874
*96
1
—
C
*1%
98
100
pfd
common
49%
4334
48%
44
33%
*96
29%
*98
—100
M)
283/4
*32
common
(A
25%
*103
33
preferred
7%
'
2874
100
!
Corp
2nd
25
*98
—
$4.25
Canada
25
*32
7%
Callahan
7%
_15
No par
participating preferred
100
"Byron Jackson Co
—„No pax
;■>
8%
*36%
71/8
105
Nopar
preferred
Cbpper 8s Zinc——_i
Co
8%
253/a
28%
103
109
43%
43%
44%
830
2,800
3,200
'
39%
38
2.50
4%%
.Butte
/,
■
Apr
l7/s Jan
23%
No par
Inc
Bush Terminal
36% Jan 26
58
23%
48%
3 %*% preferred
100
Burroughs Adding Machine—No par
,
27
25
23%
*96%
_—
Mills
conv
Bush Term Bldg
Feb
23%
99
preferred
3%%
Butler
26% Jan 24
52
54%
4%
7
'
23
49
'
Co
4
24"% Jan
Jun
40%
52
Burlington
;
May 14
104
Sep
May
8% May
27% Mar
Watch
Feb
82
23
Nopar
9% Jan
1
9,000
45
Co
Bulova
7
Jun
6% Jun
Deo"
89
Apr
10
20'A
48 5/B
common
Buff NiagEl Corp 3.60%
Aug 12
7
15% Jun
'
Feb
82
13% Jun
10% July
92
6
Inc
Buffalo Forge Co
Bullard
7
7
73
Jan
17% Jun
■
13
May
70% Jun
Jun
20
18 5/a
Bucytus-Erle Co common
S
7% preferred
—10Q
Budd (The) Co commoh_—No par
,
$5 preferred i
Nopar
July 28
15% Aug 10
36
Jan 11
15
20%
24%
Co
—-
19%
53
(assented)_100
preferred
200
11%
40
19%
44 5/a
—
11%
*38%
19%
*96%
Brunswick-Balke-Collender
93
Jun
Maine RR
Shoe
40
19%
7%
$3.60
11%
*381/2
19%
No par
Brown
5
*11%
40
22%
15
——
4
17% Mar 14
.
16
'
11% May
75
July
=
Mar
i
11%
*38
_5
i
99% Aug 10
22
13% Jun 14
124% July
10% Jan
v
*11 %
40
——100
common
Bristol-Myers Co common
3%% preferred
Brooklyn Union Gas
Brown & Bigelow
31% July 27
15% Jun 27
9
11%
*38
19%
Briggs Manufacturing Cdrp__No par
Briggs & Stratton
No par
7
29
S
*11%
900
19%
1
!
11%
40
*38
No par
Bearing Co_
Braniff Airways Inc—
Brewing Corp of America
Bridgeport Brass Co
10
9% Apr
11%
•
CLOSED
No par
—
Roller
47% Jan
99
Aug
23% NOV
1
Feb
&
STOCK
EXCHANGE
5
A
preferred
Bower
5
,
5
Brass:
Inc
Boston
13
12% July
33% Aug
Feb
3%%
.2.50
Nopar
a
Stores
13
13
Apr
23%
Dec
35% Feb
21% Jun
34% May
> 37% Jun
92%
2% Jan
.
17
6% Jun
11% May
36% Jun
25
9
Jun
25 Va Jan
6% Jun
Feb
7% Dec
x27% Mar
.
class
Co
B
Borden Co (The)
Borg-Warner Corp
Nov
1% Mar
Jun
Ami
Class
»
&
Bond
6'A
5% May
Aluminum
19% July 28
42
May
-
1
(E W) Co
33% Apr
17% Jun
Apr
1% Aug
Dec
-
32%
For
25%
9 »/a
11
5
Mar
9%
10%
7
38
91/2
Bliss
8
Mar
9J/4
3,000
12% Mar 18
Mar
10
93/8
303/4
6
Jan
14% Mar
9%
92%
303/4
8% Jun
Aug
Dec
9 J/4
700
*88%
92%
30%
9%
13%
96
21%
303/4
26
45
Dec
30%
13%
54
5
30%
26
* 7
Dec
*88%
30%
1374
38% Mar
Jun
93
30%
2634
91% May 11
1%
*90
30%
13%
42% Apr 21
Feb
93
*90
93
*25%
66% July
23%
14
13%
96
Jan
*135/8
.
26
Feb
Mar
X13 3/4
13%
Nov
2% Mar
14
26
42%
16
*13%
13%
87%
98%
131/2
26
Nov
Dec
13%
13
37%
8%
14%
9
Saturday
Aug. 6
STOCK
EXCHANGE
30% Jan 12
,
9
73
*13%
13 J/4
14%
13%
30%
100
No par
-Nopar
Sper share
2
79
*13%
26
Aug
Feb
14
13%
50
7%
*13%
26%
18
Aug
16% May
12%
•14%
13%
Jan
■
500
*13 J/4
26%
Jan
77
400
13%
14 J/4
29
Black & Decker Mfg Co__.
No par
Blaw-Knox Co
—.—No par
96
Dec
3534
13%
*283/8
14% Mar 30
27% May
44% Jun
16%
353/8
12%
29
13
51
72%
36
12%
*90
com__Nopar
Carpdt
NEW YORK
Highest
Dec
81
(Del)
7%
Since Jan. 1
Lowest
Dec
30%
*233/8
*35%
12%
12%
1
Best
Bethlehem
Dec
Dec
29
3534
123/4
*13%
1
——
7
16%
Sep
28 3/8
353/4
12 J/2
Best & Co—
7
57%
7%
*
353/4
12 J/2
6
2
30%
65
29
35%
7
33% Jan
37% May
120
*28'A
12%
25%
1
2,100
29
*99
com
50
75/a
36
f 79%
Loan
75/8
12%
10
Indus
7%
140
80
30
Dec
fcor
10
*77
2,400
22% Jun
22%
15
*35%
pfd $3.25 ser of 1946-No par
div ser of l948_No par
Bengiiet Consol Mining Co_18 peso3
22% Jun
17% May
44% July
Feb
*28 V*
7%
1,100
15 %
15
94%
10% Jun
29 %
17%
7%
21,400
36% July
Dec
90%
7%
50
197/8 May
14% Sep
Nov
27
7%
*93%
70
STOCKS
19%
8%
7%
Cum pfd $4
136% Feb
Range
32% Mar
26
7%
Appliances-.—_33%c
3
t per share
Feb
9%
7%
5
13
Highest
•
78%
100
23% Jun
Year 1948
t per share
78J/4
Cum
3
Bang e for Previous
Lowest
77 J/2
4%% preferred
Bendix Aviation
25% Aug
79
Aug
99% Aug
,
'4
Jan
77%
common
129% Jun
139% July
37% May
14% Jan
Nov
9
2
v
23% Feb
37% May
39% Oct
Feb
Mar
26%
jV July
30% May
•
Feb
25
125
93
Mar 21
11
6% Apr 13
87 % Mar
Dec
86%
98
77%
Co
Co
34% Mar 30
5
13
26% July
Nov
68
Jun
'
94 J/2
10
—1
—1
RR
Howell
*93 J/2
*75%
pfd
Corp—
37% July
207/a May
&
41%
18%
1
4%%
34%
Feb
*69
100
2.50
100
Mills, Inc
Feb
,17
18%
•
—-50
Beck Shoe (AS)
Mar
—
pfd
conv
Beaunit
Corp
Co
Foods
69
Jan
50
Inc
12% Apr 27
8
16%
Feb
32%
]
18%
18%
*67%
common——_10
14% Feb
30
-1
18%
181/2
69%
41%
Works
6% Jun
.
18 J/4
18%
70
Co
Oil
Iron
18,100
691/4
18%
70
preferred
50% Aug 11
15
1,000
15,400
9%
*181/4
non-cum
13% Apr
17% Jan
4
97/a Feb
9%
18%
3
Jun
Feb
9
13
18%
9%
18%
41
45
31
Jan
17%
9%
69 %
Brothers
38
May
100
10
Barker
Conv
Dec
13%
10
7
Bangor
69
135/a
10%
21 % Jan
7
July 27
16% Mar
1334
10
9%
13
Jan
72
36% Nov
13%
10%
9%
Barber
25
Dec
13%
10'/a
9%
3
13
13
x20
*131%
10%
9
47% Jan
4%
14% Jun
60% Jun
59
13%
10
9%
28
7
Jun
Nov
13%
10%
8%
Jun
22% Jan
31%
80% May
40%
13%
9%
preferred
100
&.Aroostook common—50
5%
preferred—
—100
Oil Corp
(Delaware)—-10
14
Feb
Feb
Feb
13%
'
Works
Ohio
&
15% Jun
29% July
13%
60
15%
1
13
common—.100
T) Inc
Locomotive
(B
"*36%
*18
37%
18%
35%
*18
L
105
17%
17%
12%
105
;
11%
55
1,100
40
17%
3,000
12
8,200
*105
1061/4
90
20
35%
*36
37%
*36
371/2
18%
*18
18%
*18%
18%
13%
13%
13%
13%
48.700
46%
46 %
46%
46%
700
Volume
170
Number 4829
THE
COMMERCIAL
NEW
Range for Previous
Range Since
Highest
Feb
18
48%
Apr
56
3%
Sep
Feb
110% Nov
-
12% Mar 23
15
4
55% May 11
23
8% July 26
Mar
5 % Feb
100
July
26% Jan
17
29% Mar 29
Jan
25% Jun
14
35 % Jan
Dec
32
Dec
41%
Dec
19% May
12% Jun
30
Nov
43%
30% Mar
35'/a
9
130
Feb
97
Feb
123
Jun
30
Jun
131
Jan
11
Feb
24
26% Jun
391/2
105
140
14 5/B
*323/4
34%
*7%
7%
7%
7%
700
Case
25
38
38
1%
preferred
Caterpillar Tractor
38%
38%
38%
38 3/a
373/4
38%
38 %
38%
5,400
100
*135
136%
*135
136%
12
-
Mar
7
7
7
(J I)
7%
5%
74
Oct
83
Jan
71/2
39%
6% Mar
4
15
11
Dec
-28%
Aug
4
13
9% Feb
28
6% July
12% Apr
11% Jun
12%
Nov
•20
May
9 % Jun
241/2
Feb
33
Jan
22% July
Feb
26%
Jun
18% Jun
13
Feb
100%
Jan
91
14
7%
Dec
15%
251/4 Mar
30
Dec
76V2
Dec
7%
Feb
Jan
12
Jan
71/2
Jan
7% Mar
13%
7
7
7
Dec
10
13
Jan
7
3% Jun
13
79
8
Jun
9
Feb
85
5% Jan
13
12
3
21
May 16
Feb
11
11% Mar 30
7% Feb
24
10% Apr
12% Jun
14
18% Jan
5% Jun
28
Jun
13
4% Jun
13
9
8% Jan
13
33% Jan
3
131/4 July
41% July
Apr
24% Aug 11
97% Mar 4
1
8% Jan
15% July
9% Jun
4 % Mar
30
Jan
12% July
22% July
•
6
18
34% Jan
July
17% July
14% May
Nov
6
Jan
28% Jan
9
9
11
17% July 18
Jan
90
Feb
4
5% Jun
6
29% Jun
Jun
May
f451/4
Jun
20
13% Jan
27
8
17%
5
20
21% Jan
14
90
-31%
7
8 % Mar 29
8
14% July 13
Apr
5
Mar
86% Aug
Jun
18%
110
35% Jan
May
Dec
7
8
7% Apr
3
10% Jun
Dec
Jan
13
Nov
7%
6
79% May 24
May
10%
11% Mar 14
17
Jun
10
Jan
15
33%
Dec
23% July
49% July
27
Jun
28
36% Jan'
Dec
40
21% Jun
14
29% Mar 30
9% Jun
14
49% Mar
57
Jun
49 % Jun 28
25%
Sep
25% Jun
Jan
42%
72%
Oct
56% Jun
July
15%
Oct
10
Feb
45%
10
'
Jan
74
Celotex
Corp
Jan
20
4
$ per share
14%
Feb
19 3A
2%
Nov
$ per
Sugar
Co
6
16% Jan
5 % Jan
Apr
7
19
44 %
Oct
Jun
1
60
Jan
7
Feb
63 % May
42,
Jun
35
31
31
Jun
16
36
Jan
8
50 3/8
Nov
653A
Jun
44% Jun
14
58
Jan
7
23 %
Feb
293A
Jun
26% Apr
25
30% July 29
90
Nov
97% Jan
4
19%
Nov
27
May
36%
Jan
48 %
July
104% Aug
5
25% July 27
53% Aug
3
101% May
Feb
11
42 % Jan
3
x20
5%
*35/8
*14
14%
7%
14%
143/4
7%
7%
109%
109%
14%
7%
7%
100
*109'/8
Central NY Pr Corp 3.40%
pfd—100
tCentral RR of New Jersey
100
*85%
87%
*85
14%
15%
15
15%
11%
Central & South West
Corp
Central Violeta Sugar Co
com_5
Cerro
de Pasco Copper
Certain-teed
Chain
Belt
11%
No par
Corp—
;
Co
12'A
No par
preferred
6%
*81%
3%
'134%
Dec
60%
Dec
Co
4%
Gas
6%
3%
6%
6%
*11%
t per share
*133/4
6.50
com
3%
City Investing Co common—
5% %
preferred—
City Products Corp__
City Stores Co
64
25
152
Jan
12
July 25
Jan
31
Dec
453A
Jan
29% Feb
Sep
Jan
8
*13% Feb
17
Mar 22
5
193/4 Feb
89
15
Nov
96
Apr
25% May
16
Feb
263A May
123/4
Feb
223/8
Oct
12% Jun
Feb
223A
Oct
15
Jun
2nd
Coca-Cola Co (The)
Class
183A
Dec
18 3A July
Nov
11
7% Jun
Jun
10
Jan
7
!
8% Jun
13% Jan
15
'
.«
8
9%
Dec
17% July
7% Jun
7
ll3/4 Jan
10
Dec
17% Jun
6
243/a Jan
10
20
Nov
32% May
31% May
163/s Jun
22
10%
Feb
14%
Jun
9% Jun
7
Sep
13 % May
7% Feb
10
73/a
$3.50
preferred
2
Jun
48% Mar
265/8 Jun
13
32% Jan
18% Jun
29
21%
18%
Feb
21% Feb
11
3 6 3/8
Jan
28% Jun
53% July
46% Feb
25
58
3%
Feb
2%
106
Jan
12
13% Jun
22
95
Jan
3
89% Jan
25% Jan
3
3
Oct
90
Dec
25
Nov
29% May
Apr
<
3
8%
Dec
.11% May
7% Jun
7
27%
Dec
36% July
'24% Jun
30
X24 %
Dec
4
Mar
25% July
Feb
108%
11% Mar
10334
8%
37%
May
6% May
Sep
21
■
32 v
25% Feb
11
2% Jun
21% Feb
25
Dec
X106
Apr
14
6
xl8%
Jun
11
Jun
14
Dec
12%
Jun
8
Feb
23
Dec
51
Jan
38% Jun
13
Sep
11% Feb
**
7
*120
*65
223A
64%
*37
38%
103% Apr
27
105% Apr
20
For
14% Jan
11
21
9
9
8
July 15
46% Mar
5
36
May
30% Aug
4
4
110% Aug 10
108% Aug
5
37% Jan 22
99
Aug
8
15% Jan
21
Jan
5
93% Aug
11
6
363/4 Mar 30
Jun
15
100% July 28
6% Jun
2
56% Feb
24
30% Jun
95
Aug
3
July
ouge
4% Jan
25% Aug
108 %
13
May
see
May 10
Jun
99
footnotes
29
13% Jan
40
Oct
70
40%
39%
111
111
111%
111%
111
243/8
23%
108
108
Commercial
*64%
24
23%
*37%
38%
*37
*107
66
38%
130
23%
2,600
109
64%
*37
10
65
80
38%
123/s
12%
12%
123A
6,500
>
30%
30
30%
x29 %
293A
7,700
.
3%
3%
2,200
24%
138
138
342
142 *
*138
76%
'
70
76J/a
140
100
140
63
63%
1,300
140
'
76 VB
142
63
>•
24
63
1,300
420
*1075
*1075
393/4
39%
39%
95%
3 <3/8
39%
3,200
94%
94 %
95%
94%
94%
40
14%
143/4
10%
24
140
"39%
393/4
*94%
15
17%
*138
140
l
*1075'
35%
24%
*75
63%
63
4
24%
142%
*141
63%
4
76%
*75
76%
63%
4
233/4
23%
*14%'
145/8
143/8
143/4
14'A
143/a
1,900
17%
18
18%
18%
*17%
18%
15%
96
'
9%
10
15%
15%
17%
*163/4
19%
11
11
15%
155/8
17
165/8
163/4
10
10%
10
10%
1,160
11
'
-10%
10 3/4
10%
11
.
11%
10%
*10
.1,080
"I4
160
10%
*9%
11%
900.
10%
15%
*16%
.
11%
19%
*10
*
10%
19%
10,200'
/>
19%
500
;
'
.
11%
11%
31%
32
19 5/a
19%
1,500.
19
193/a
19'/8
19%
900
11%
11%
11%
11%
11%
-42,300
•11%
11%
113/8
11%
11%
11%
*543/8
'
19%
11
56
32
195/8-
*193/8
113/a
*54
32
59
31%
"/X31 ..f:
*19
*54%
59
*54%
31
31%
2,800.;
59
* 2,300'
31%
31%
21
1,900
25%
2,200:
53
2,800
20%
20 3A
20%
20%
<-20%
20%
203A
21
21
25%
25%
25% "25%
25%
25%
25
25
*25
10
53%
53%
52%
53%
52%
53
53
—100
100%
100%
*100%
101
101
^No par
16%
16%
.
"40
4*00
12%
3%
193/e
Co
70
40
111%
12%
10%
Credit
.
i
common
.
Commonw'lth & South
com__No par
preferred series
"f
4%
_Nopar
1043/4
_25
27%
Commonwealth Edison Co
Publishing Inc
Congoleum-Nairn Inc
_No par
101
101
<
16%
4%
4%
5
1055/a
27
i
27%
27%
8%
*8%
27%
Cigar—
—No
Consolidated Coppermines Corp
Consol Edison of N Y com
par
5
preferred—
No par
Consolidated Grocers Corp.
1.33%
Consolidated Laundries Corp
5
Consolidated Natural Gas„
.
Aircraft
Vultee
Consumers Power Co
"when
pfd—.
com
3%
3%
4%
5
4%
5
104
103%
104
8%
*85/8
•27%
2734
-28%
28%
11%
108%
12%
12%
12%
103/s
10%
43 3/e
-
17%
*11%
*163A
11%
17
7%
-
44";<>
17%
43%
7%
93/8
9%
9 3/a
313A
313A
*31%
30%
30%
30%
;
f
$4.50
109 %
109 5/s
109'/a
110
$4.52
*103%
108%
108 3/e
Continental
Baking Co com—No par
$5.50 preferred
No par
Continental Can Inc
7
Continental
Diamond
633/4 May
9
Continental
Insurance
35%
99
14
14%
*92
92%
r
Fibre
16%
•16%
11%
11%
*11%$
8%
10%
10%
31%
31%
30%
30%
31%
110%
110
108%
108%
308%
*8
10%
r31%
30
•
1,500
16%
11%
3,200;
1,000;.
>>>
400
8Vs
1,700
10 5/3
28,100
313A
800
30%
21,700
110%
109%
110 %
710
108%
108 Vb
108%
310 1
35%
*93%
100
36
353A
35%
99
99
14%
143/a
14%
14%
14%
5,300
92%
92%
93%
93%
93%
93%
*93%
94%
100
33%
34%
7,100
*101%
102%
333/8
36
-
61
33%
103
7%
*7
•
62
Z
33%
335/8
33%
**•1013/8
1023/4
*1013/8
1C23/4
"7-%
7%
7%
7%
61%
'
62%
62
1
300
10 3A
43-
99
*101%
61
163/4
*8
12
i
300
35%
34
60%
;
4,500
22,800 i
25
108%
14%
103
10
43
200
*98%
33%
7%
*10%
'
31%
11 '30%
30%
*11%
10%
43%
1,300
:>;,
3
243/4
*108Vb
12
42 3/4
28 3/4
3
3%
24%
*10%
800,
275/a
*28
108
11,300
9
*27
27%
283A
143/a
*1013/8
7
12
9
9
141,600
>12,800;
273A
14
3534
20
5
103/8
3%
243/a
*1073A
27%
;
380;
4,800.
*98%'100%
No par
common
preferred
9% Jan
35 %
99
17%
11%
*:1 8%
8
*28
>109%
i
1083A
preferred
_No par
preferred—
No par
Container Corp of America com—20
4% preferred
100
43%
93/4
31%
30%
No par
v
11
*43
*11%
8
93/4
12%
*10s/8
'
".*16%
113/4 .,n3/4
8
108 VB
*12
-
*105A ",i 10%
44
3%
25
X24 3A
108 VB
:
100
distributed";
7 Vn
-■
1
253/a
108%
16%
27%
273A
^
101%
16%
16%
103%
83A
3%
25%
108%
100%
101
* 4%
27%
28% "28%
28%
25%
25
*107%
15
1
3%
-
_No par
$5
Consolidated
*273A
53
53%
275/a
27%
27%
16%
,
104 %
:
,3104
:
8%
27%
'••4%
•
104%
104
16%
16 Vs
16 3/8
27%
8%
No par
.
Consolidated
$3.75
23%
109
66
'
400
€00
170
*65%
No par
Elec
Inc
3.60% preferred
Commercial Solvents
Common
*120
1
Engineering
Superheater
Conde Nast
23%
*107
*64%
2.50
5
20'A
170
4
142
393A
58%
17%
26
300
29%
96
11%
*17
;
12%
143/4
*55
17%
26%
70*
>11
29%
17%
$4.25 cum preferred w w_„No par
Carbon Co
—No par
*17
*26
40
No par
Inc
06
,
'6,800
28%
*65
*1075
9
*81
*27%
160
t
12%
633A
93/4
7%
86
23
28 I
38%
*75
142%
63
17%
7%
*81
*120
23%
*138
76%
*1075
common—No par
40
103
103
70
195/e
195/8
B
60
29%
142
142
28%
104
66
*37
'
7%
'86
*17
105/a
27
85
64%
6,200
40
10%
30% Apr
92%
48% Mar
295/a
170
19%
13
84 Vb Mar
13% May
29%
70
195/a
12% Apr
17
:
29 5/a
393A
10%
6
275/a Jun
Oct
29%
*120
193/8
Jun
93
Nov
?9%
*25% ;'26 %
26
108
64 %
23%
10c
42%
Nov
23%
••
23
..1
99% May
17% July
8%
43,100
*28 %
f
111%
*106%
22%
Consolidated Textile Co Inc
Dec
92
5 3 3/8
40
*3%
Consol RR of Cuba 6%
Oct
29 V8
23 3/s
108
4
Consolidated Retail Stores Inc
10 3/4 Mar
-
50%
70
12%
7
29% July 26
Sep
52
*81
<•
170
29%
8
£>ec
Jan
t
111%
X64 %
7
29%
33%
x53 %
>>7%
'86
283/8
17%
*65
*106%
93/b Jan
8
90
34
7%
7%
,
203/s
*120
50
12% Mar
16% Mar
106% May
106% Dec
41
*31
7%
'
*81
111%
15%
40
3.?:
53%
393/4
*95
42
*31
25%
*7
\
5,40o
*41
34
52%
111%
No par
No par
3%
41%
25
70
39'A
3%
3%
t
100
14
52%
40%
*743/4
3%
Shares
S per share
14
tor
the Week
Aug. 12
14
*133A
Sales
Friday
Aug. 11
25%
170
*138
3%
Thursday
S per share
52%
39%
1st
Ohio
<
100
1,100
113A
25%
*17%
21% Jan
Nov
Sep
1
*11
11%
*103%
*253/8
14
7%
July
Feb
*11
523A
17%
16
10
98 %
30
64%
25%
253/8
23
15% May
15% July
100
7
86
28%
28%
preferred
100
4% non-cum 2nd preferred—100
Columbia Broad Sys Inc cl A—2.50
$6
64 %
1033/4
173/s
Jun
29%
Dec
Dec
Jun
5
Aug
5
105% Aug
5
273/4 Aug 11
9'A Jan
8
63%
800!
10,500 1
25%
253/s
7% Jun
Dec
8%
35%
7
63%
*
10%
19
17% Jan
31
52
10%
So
303/4
103%
9%
&
31%
52%
10
Columbus
30%
25%
"8%
Apr 21
513/a
52%
525/8.;§3
*81
Columbian
26% May 13
'535/e Aug
3
101 % Aug 12
51%
25%
Colorado & Southern Ry com—100
May 16
13
52%.
26
•29%
17 3/a
Combustion
July
104
3%
T-,
System
*50%
8,400
53% -533/4
16%
Pictures
2.900
25%
*
6,700
30%
253/4
14
41 %
15%
Gas
11%
30%
per share
*31
17%
Class
22 3/a
11%
30%
*25%
In
11%
31%
3
3%
15%
Columbia
Apr
29% May
3%
163A
non-cum
1,100
•>>
22
22 3/a
22%
52 %
*133/4
17
4%
.
/30 %
Aug. 10
$
14
15%
Columbia
78%
'
—
104%
20
preferred
10
37%
104
22%
Wednesday
29%
Iron Corp com—No par
conv
13
Apr
Dec
Jan
Tuesday
Aug. 9
*163A
5%
115/8 Aug 11
Dec
Nov
12
20
Colo Fuel &
23% Jan
49
90
22
23
29%
100
—
12
283/8
Xl6
9,300
'
20%
'
1,100 i
6
12%
Colonial Mills Inc
12
3%
5%
30
*
9%
*3%
6%
293A
100
Collins & Aikman Corp_
2
24
37/o
6
CLOSED
No par
7
24
3%
6%
533/8
Corp
No par
Colgate-Palmolive-Peet com—No par
5
Jan
3%
6%
£23A
common_Nopar
Aug
19
3 5/8
6'A
535/8
Internat
3
193/8 Jan
3%
No par
A
Coca-Cola
173/4 Jan
'
2,100
29 3/s
preferred
96
6
6%
1
39 % Aug
13
16
6 3/8
No par
'
15
£3/8
523A
1
gtd-
cum
1075
6%
1
i
7%
5
6%
EXCHANGE
100
Inc
4%
July
6%
34
_50
28
Jan
•
2,300
6%
41
100
stock
13
6
1075
RR Co 7%
Apr
13
July
Cluett
19,900
9%
16%
20
preferred
Climax Molybdenum
3,300
:: v 5,000;
16%
5
82% Jan
60% Jan
9%
10%
♦9%
34
5
Peabody & Co com
preferred
Xl24% Jun
33/8
1C0
2
Jun
%
10%
9%
41
100
Graph Bronze Co com
305/a Feb
Jan
9%
10%
163/a
34
—_No par
Clark Equipment Co
C C C & St Louis Ry Co com
5% non-cum preferred—
Clinton Industries
141
9%
10%
9%
41%
25%
Special gtd 4%
.
16%
34
1043A
Clopay Corp
26
9%
10%
9
700
11,800
83
16%
*133/4
1043A
Pitts
»>"
4%
.4
>> 2,000
6%
19
21%
16%
$ per share
14%
*40
STOCK
25
Elec
*
I per share
x253/a
&
100
*93/8 :i '9%
223/a
Monday
ICQ
5%
4%
4%
3,300
6%
Aug. 8
25
preferred
Cleve
*81%
83
700
243A
3%
22%
Cincinnati Milling Machine Co
10
C I T Financial Corp
No par
12
July 19
9%
31%
32%
26%
97
•
„1C0
&
20
1332
X87%
6%
22
>;
..10%
16%
*3%
1
common
55/b Jan
1332
16%
6%
10
preferred
15'A Jan ' 19
633A
9%
16%
Aug. C
Copper Go—
Chrysler Corp
30 3/4 Jan
Apr
:
10%
*9
4%
8%
>: 9
30%
9%
Saturday
Chile
Cincinnati
13,000
V
LOW AND HIGH SALE PRICES
STOCK
Chickasha Cotton Oil
22
183
8%
3%
4
15%
No par
Par
3% July 11
71
f'
12
11% July 28
133
*81%
*11 J/2
24 % Jun
July
92% May
'83
*11%
26
147
Dec
31%
*81%
12
Jan
15
*13%
-64
43
21% Jun
6%
18%
63 %
6
36% May
Feb
9
6%
18%
64%
37% Jun
Jan
753/4
'■3%
6%
lo%
32
64%
Cleve
137
3%
6%
18%
31%
64
17
Dec
*81%
100
26
27%
83%
10%
•6%
24%
*96 %
83%
32
8%
26%
243/4
64
5%%
26
v
323%
*18
10%
■
97
303/8
Chiids
26
10,100
12%
24%
30%
YORK
11%
18%
18%
32%
No par
A_
100
ma:
S6%
301%
preferred series
500
8
12%
24%
30%
Feb
Jan
6 3%
6%
26%
29%
Conv
1,900
14,100
19%
97
*50%
Chicago Yellow Cab
14%
183A
*96%
52%
Pac RR Co
*73A
8
87
19%
X24%
97
*50%
73
105/8
'24%
52%
103
35%
6%
26%
26
18%
preference—No par
11
Nov
96%
*50%
&
14
Dec
24%
26
Jan
Dec
25
96%
*25%
62% Jun
4%
25
26%
convertible
14%
19
*12%
*25%
253% Jan
12%
if11%
26
78% May
23 3a
•
*85%
87
*73/4
19%
25%
16
47% May
185/8 Mar
12%
.
A 8
18
11%
112% Jun
Dec
12
31%
Cleve Elec Illuminating corn—No par
$4.50 preferred
No par
39
*73/4
30%.
3
Aug 10
8>
11%
9
16
ll3/8
'29%
85
205/8 Jun
11%
*11%
11%
42% Jan
105
113/4
11%
29%
Aug 10
26% Mar M
Jun
11%
*11 %
11%
8
Apr
11%
11%
29%
30% Jan
34%
11%
12
14
108%
113/4
11%
29%
20% Jun
16
12
11%
May
38% Aug
Feb
14%
29%
7
109
14%
corn—No par
18 3/a Jan
Jun
*85%
15
preferred
ICQ
Chicago Pneumat Tool com__No par
Chic Rock Is
60
87
17
24%
———
500
109
109
109
4,900
7%
143/4
■
15%
23%
Chicago Corp (The)
l
Chicago Great West Ry Co com—50
5%
preferred
50
109
300
3%
14
7%
7%
1,700
4,600
9
11%
96%
Chic & East 111 RR Co com__No
par
Class A
40
14
14%
*73/8
400
'
X25
100
*14
8%
*85%
87
8
11%
6
Oct
7%
15%
Jun
Nov
7%
v;
110
*11
11%
15%
16
Nov
12%
'
1
Products—
convertible
*109%
5
Champion Paper & Fib com—No par
$4.50 preferred
No par
Checker Cab Mfg
1.25
Chesapeake Corp of Virginia
5
Chesapeake & Ohio Ry common
25
3%%
7%v
110
11%
9.50
Century Ribbon Mills
21
Mar
15%
14%
Jan
69%
15%
par
15%
70
15%
*15%
5
Dec
16%
3%
27
Jun
16%
15%
8%
Apr
July
17%
8%
29% Jan
16
5,900
*33/4
3
8% Apr
180
17
3%
17
22%
15%
124
17
8%
25
105
*16%
123
15%
Jan
111%
17
123
83/4
6% Feb
Jan
16 3/a
123
15%
25
105%
17
123
*3%
79% Jun
43
*161/4
400
100 5/a
8%
Jan
88
17%
1005/e
3%
Apr
176
16%
101
8%
Jun
Feb
17
101
3%
10
Jan
16%
9,600
102 %
3%
33
July
123
16%
29,100
8%
84%
34%
1241/a
16 %
600
26 V4
15%
Dec
80
123%
16%
313/4
101%
26
26 3/a
3%
Dec
176
126%
•
26%
8%
Dec
27% Mar
*101
263/4
25%
27
15%
75%
83
136%
5
No
100
31%
32%
101%
16%
24%
7%
*135
136%
x31%
101%
16%
EXCHANGE
20
*135
102%
*101
Ga
Central Hudson G & E Corp
Central 111 Light 4%% pfd
$3
'
1
of
NEW
Jun
32%
25%
15%
$ per share
share
136%
31%
31%
27%
*124%
Co
:
Ry Co vtc
No par
preferred series B vtc
100
Central
Highest
2 % Jun
xl3
May
43/a
27%
20
Central Foundry
Range Since Jan. 1
Lowest
Highest
*135
*33
101%
100
preferred
Aguirre
31%
STOCKS
Year 1948
$ per share
32%
No par
common
Range for Previous
Lowest
31%
5%
12% Feb
14
May 11
_10
—
:
—100
Chicago & Northwest
55 % May 4
34% Jan 21
17
new
4.20%
143/a
14s/8
'
Chic Ind & Louis Ry Co class A__25
Class B
;
No par
Chic Milw St Paul & P vtc__No
par
Series A preferred vtc
ICQ
5% Jan
26
1 May
common—
2nd preferred
Central
24 % Jan
—
Celanese Corp of Amer com—No par
$4.75 1st preferred
No par
11
Jan
common—
Co
Preferred
21
104% Jan
2,800
14%
34%
Aug 12
7%
18% Jan
Jun
x
14%
33%
7%
17
108
300
14%
17
Dec
3,600
29%
*101
i 33%
29
Nov
29
29%
29%
7%
15% Jun
67/a
110
29
30%
28%
14%
14% Jun
100%
?ri
34%
"6
17
2y %
*>n
*7
32% Jan
105
14
102
29%
*29%
'
29
29%
14%
26% Jan
Jun
101
29%
?n
*100V2
29%
29%
*32%
32% July 28
7% May 31
101
101%
4,000
7%
131% Jan
3
102
300
7%
14%
17
12% Jun
55
7%
34%
15
Sep
14%
*54
8
7%
Jun
Jun
*13%
56
8
•14%
Feb
11%
lOr
14%
*54
73/4
*32%
Jan
12%
103
29
CLOSED
*14
8
Shares
1
13% Jun
*38% July
8% Mar
*102
7%
the Week
Sver share
56
14% .14%
*64
56
7%
for
Sales
Aug. 12
shrrrt>
ner
10
18%
Dec
STOCK
EXCHANGE
1 a i/4
i/4
*54
7%
Friday
Aug. 11
t
$ per share
share
50
Corp
20%
Feb
__5
1 a
55
7%
Thursday
Aug. 10
Conv preferred 4% series
Carriers & General Corp
Dec
Dec
100
No par
S per
14%
*54
1
_
15
PRICES
Wednesday
Aug. 9
Carrier
16
6%
14%
___10
Carolina Clinch & Ohio Ry
Carolina Power & Light
Carpenter Steel Co
Dec
51/4
Sper share
'
Feb
22 !/a
I per share
Capital Admin class A common—l
$3 preferred A
Capital Airlines Inc
HIGH BALK
Tuesday
Aug. 8
5
17
101 % Aug
22
Monday
Aug. 6
Mar 12
140
Apr 23
X114
Saturday
Par
17%
Jun
LOW AND
STOCK
(603)
RECORD
"
22%
34%
STOCK
CHRONICLE
9
May
38 %
7
97
7
29
7% Jan
12
23% Apr
Jun
July
May
Feb"
37
10
Feb
108
16% May
4
6
101 % Aug
•
*
14
May
521%
Feb
22
Jan
*
147% July
Dec
17
7
12%
61/4 Mar
Jan
Jun
30
YORK
EXCHANGE
$ per share
50
May
Aug
26V4
.
NEW
Highest
$ per share
8% Mar
100%
Jan. 1
Lowest
'
$ per share
11
.
FINANCIAL
STOCKS
Year 1948
Lowest
$ per share
YORK
&
34
62%
*7
*61%
355/8
2,400
50 !
73/8
1,100
62%
2,300
,
16
COMMERCIAL
THE
(604)
NEW
I per thare
46%
14
10%
Jun
Feb
69%
Jim
14
11
5% Jun
47% Feb
Mar
19"%
Apr
14
23
11V4 Jun
19% Jun
X49% Mar
July
66
51% July 19
9
Juu
13
Feb
21%
Oct
12
Jun
20
42% Mar
60%
Nor
49 % Jan
0% Nor
15%
Jun
4
13
13
>!
Jun
7
3
49% Mar
60
Feb
18
Nor
67% July
23% Oct
20
Apr 26
88
C
Not
97% July
94
Jan
July
Oct
98
56%
Deo
66% Mar
164%
3%
Deo
86
Oct
Mar
177
5%
t per
f per thare
hare
I per
10
92% Jan
3
Jan
6
171% Jan
6
57
3% Mar 25
Jan
13
Continental
Oil
3
Continental
Steel
23% July 28
12% Feb
17
19 % Jan
52
6
7
12
26% July 19
99% Jan
25
July 21
101
64% May
185
9
13
Jun
27
100% Aug
8% Jan
3
11
23
Feb
7
1
17% Nor
26 Va May
14
Jun
16
19% Jan
36%
Deo
46% Mar
367/e Jan
42% Apr
13
23%
Deo
34%
Jun
20
Jun
3
14
27 Vs Jan
8
91%
Feb
103'A July
94
Mar 17
95
Deo
129
20%
Deo
May 24
90
7
100% Aug 12
'
Jan
4
Jan
*6
7
Jun
15% Jun
14
24
65% Dec
78 V*
Jun
b;>
30
72% Jan 24
25
34
Jan
21
Dec
12%
155
Feb
Apr
7%
67%
Deo
Deo
17% Aug
177
Jun
13% May
88
July
74
j un
J"lv
12'A Feb
160
6
May
5% Jun
60
7
24
Jun
27
13
Apr 21
31
157/b Aug
160
8
6
May
8% Mar 29
73
Jan
27
series
Cora
Products
Refining
preferred
Co
Cuneo
8
Curtis
Jun
14
129
Jan
19
43% Jun 28
50
Jan
19
9% Apr
4
7
Feb
Feb
Jan
21% Mar
28% Sep
July
x31% May
137
18% Jun
14
133
Mar 14
20% July
1
24% Jan
137
Jan
21
26% Jan
7
15% Mar 18
9
Jun
13
85
Oct
94 %
Jun
87
Jan
4
94
Jun
20
13%
Deo
20%
Jan
11% July
5
14
Jan
24
Jan
14%
Deo
17%
18%
Feb
28% July
Jan
13
xl6% Mar
8
15
26% Jan
3
17% May 2
20% Aug 11
31
1,900
50
49%
49%
*49%
50
*49%
50
*49%
62%
Inc
Press
Publishing
Prior
*
Class
1,400
410
26
25%
*98%
99%
*98%
*100%
101%
100%
99
*100%
lOlVa
*100%
62%
62%
62 Va
63
63
63
62%
184
184
63%
101%
4,300
*183%
184
*183%
185
210
37/B
3%
*3%
4
3%
3%
3%
4
1,400
1%
17/B
1%
*1%
1%
1%
1%
*1%
2
400
28
9,600
184
183%
27%
2 7'/a
28%
28%
28%
27%
100%
*98%
100%
*98%
100'/a
*98%
27%
10%
10%
10%
10%
10%
10%
10%
10%
*26%
27%
27
27
26%
26%
26%
26%
*26%
15%
42
15%
*40
27%
100
100
15%
15 Va
*40
15%
41
15%
15%
41
15%
41
41
*40%
300
100%
11
1,900
26%
500
*15VB
15%
3,900
*40%
42
100
25%
26
26%
26%
26%
26%
25%
26 Vb
4,000
*99%
;f
101
x99%
99%
99%
99%
99'A
100 Va
130
97
*93
97
*93
97
*93
*93
97
94
_
17%
17%
17%
17%
17%
17%
17%
17%
17 Vb
17%
3,000
58%
58%
58%
58 Va
58%
58%
58%
59 Vb
58%
58%
9,900
22%
15%
*160
7%
*64%
7%
11
11
23%
23%
*22Vb
t>%
6 Va
0%
12%
12
22
125
124
48%
8%
20
20 Ve
*132%
21
20%
11%
Dana
Corp common
1
3%% pfd series A
100
Davega Stores Corp common__2.80
5% conv preferred
20
Davison Chemical Corp (The)
1
Dayton Pwr & Light common
-7
*92%
11%
49
20%
*132%
22%
22
22%
49
8%
20%
20
135
190
500
8%
19,900
20
*132%
22%
500
11,800
124
49
8%
—
1,400
6%
124
48%
8%
20 %
140
*132%
21 Va
6%
124
48%
8%
20 Vb
20 Vb
140
*121
7
—
4,600
12
22
8Va
140
7%
22%
48 %
19%
—
70
6%
*48
20%
7%
*66
12
49
*132%
2,700
22%
*48
1
190
15%
7
124%
100
7%
70
22%
180
12 Vb
124
8%
15%
*160
23
125
8%
15%
b78
11%
23
*124
£ %
*66
*21%
22%
180
*21%
11 Va
11 Vb
7%
70
*66
70
*66
15%
*160
7%
*7%
7Va
7%
68
*21%
15%
180
*160
180
*160
22
15%
15%
15%
15%
21%
22 Va
*21 %
22%
180
No par
pfd
Inc
10
130
63%
37/a
185
*10%
1
A
Cushman's Sons Inc 7%
9,100
26
99%
101
1 %
27%
2.80
common
Cutler-Hammer
8%
52%
*98 %
No par
No par
preferred
Curtiss-Wright
*8%
52%
3%
184
No par
com—
preferred
$7
110
8%
52%
25%
26
99
99
*98
49%
8%
52%
9
52%
25%
25%
25%
26%
99
■
Cunningham Drug Stores Inc
7
4%
1,500
14%
101
8
1
7% Jan
18%
10%
14%
*93
13% Feb
133
*10%
14%
26
10o
Cuba RR 6%
non-cum
pfd
100
Cuban-American Sugar common„10
7%
preferred
100
Cudahy Packing Co common
10
4%% preferred
__100
23% Aug
3
10%
14%
100
preferred
14
7 % Jan
*10%
14%
$4 2nd preferred
No par
Crucible Steel of Amer com_No par
24
Aug
10%
14%
25%
4% Feb
July
10%
15 Va
99
13% July
10
54
10%
*98
2.80
com
2,100
*52%
14%
99
Corp
300
22'A
54
10%
25%
conv
22 V8
22%
11,500
10.000
13%
10%
No par
5%
57%
*13
13%
1
preferred
Sharet
6
58 Vb
15%
*49%
No par
Zellerbach
$4.20
58%
2
America
preferred
Crown
*13
5%
6
28
Cream of Wheat Corp (The)
Crown Cork & Seal com
$2
the Week
100
common
of
Sales for
$ perthare
14%
1
preferred
Creameries
Friday
11
JOV,
1
Inc
Feb
May
*52%
CLOSED
28
100
com
28
12 %
22%
52%
8%
Feb
61
22 VB
52 Va
52 V*
16
Feb
21%
52'/a
8%
10% Jun
Deo
21%
*52
52 Va
17% May
47%
"21%
52%
8%
24%
122%
22%
52%
Deo
109
22
*52
8TOCK
EXCHANGE
8%
Deo
150
13%
52%
11%
7
58%
*12%
8%
15%
Jan
57%
13%
52%
3%%
Aug 12
57%
13%
1
Crane
27 Va Aug
57 Va
13%
Exchange Bank & Tr Co—20
Corning Glass Works common
•
3%% preferred
100
Cum pfd 3 % % ser of 1947—100
7%
32% Jan
Jun
Jun
pref 5%
58%
Corn
Coty International Corp
1% Jun
28%
Convertible
Cornell Dubiller Electric Corp
6
57%
13
■
§0
common
Coty
96
Mar
No par
No par
Copper Range Co„
Copperweld Steel Co
Aug
21 % Jun
Dec
new
2% Jan
Feb
Jan
Corp
$3 prior preferred
4% May
Jun
13
14
-5
6
5%
5%
5%
5%
57%
8
Delaware
Corp™
Cooper-B'issemer
f Feb 15
11% Jan
54% Jan
of
9 per thare
Aug
1 per thare
1 per share
9 per thare
Aug. 12
Thursday
Aug. 10
Aug. !>
9 per thare
5%
Wednesday
Tuesday
Aug. 8
1
Continental Motors™.
55% May 13
3%
24"%
Monday
LOW AND HIGH SALE PRICES
Par
18
58% Apr
15% Jan
89%
98%
x21
7
8% Jan
Dec
92% Sep
8% Deo
RECORD
Aug. «
thare
Feb
1%
29
STOCK
Saturday
STOCK
YORK
EXCHANGE
Highest
Lswest
HirfaMt
Feb
6
NEW
Range Since Jan. 1
Year 194 X
Monday, August 15, 1949
FINANCIAL CHRONICLE
STOCKS
lui« for Pwl«w
LlWMt
YORK
■
&
22
1,200
135
22 Vb
3,200
11%
1,700
11%
*11'A
11%
*11%
11%
94
*92%
94
*92 Va
94
*92%
94
*92%
94
11%
*11%
12
11%
11%
*11%
12
*11%
12
11%
11%
11%
200
16%
17 Va
*16
17
16%
16%
*16%
17%
*16%
17%
800
20%
20%
20
20%
20 Vb
20%
20%
20%
20%
20%
2,200
28%
28%
28%
28%
28%
28%
28%
28%
28%
28%
8,600
24%
Feb
31% Aug
82%
Nor
94
Jun
92
Jan
4
97%
*98
99
*98
99
*98
99
*98
99
Sep
94
Jun
92% Jan
11
97
100
100
97%
84
96%
96%
*96%
97%
*96%
97%
*96%
97%
*96%
97%
IX)
Nor
15%
Jan
7% Jun
30
10% Jan
8
Dayton Rubber Co
60c
8Vb
8%
8 Vb
8%
8%
8%
8%
8%
8%
8%
1,400
Sep
13%
Jan
4% May 31
9% Jan
7
Decca
BOe
6%
7
7
7
6%
6%
6%
7%
7
7%
5,300
Deo
42
Jun
17
Jun
14
29
Jan
12
20%
21Va
46%
Jan
30% Jun
13
38
Aug
5
35%
8%
8%
27
31% Deo
29%
Feb
38% Jan
34% May
31
Mar 29
50 %
26
Jun
Jun
13
May 12
97% Aug
8
July 29
X36
Aug
8
40% Jan
21
Preferred
3.75%
series A
Preferred
3.75%
series B
Records
Inc
v_—1
21
21
21
21
21
No par
X37
38
35%
37
36
36%
3b %
35%
35%
20
x35%
36
35
35
35
35
*35%
35%
*35%
35%
600
100
31%
31%
31%
31%
31%
32
32%
32%
32%
32%
2,600
7%
7'A
7%
7'/a
Deep Rock Oil Corp.
Deere
Co
St
7%
common
preferred
Delaware St Hudson
13
9% Jan
7
19
Jun
20
20% Aug
1
Delaware Power & Light
39% July
19
Jun
13
27% Jan
7
32% Mar
68
34% Jun
14
50% Jan 24
20
Apr
21% May
20
Jan
3
22% Apr 20
Detroit Edison
56
Dec
60%
50
Jun
7
58
7
Dec
13% May
4% Jun
13% July
5% Jun
Western
St
7%
7
21%
7
*20%
7
7%
21
1.300
7,500
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
24%
23%
24%
24 Vb
24%
24
24
23%
24
6,900
40
41%
41%
42
41%
42
41%
41%
41%
41%
2,500
21%
Co_™13.50
7,500
2,800
23%
Detroit Hillsdale & S W RR Co_100
Feb
Lack
80
Delaware
7%
-
100
22
21%
22
22
22 Vb
22
2'>
22
22%
5,100
55
*51
*51
55
*51
Denver & Rio Grande West RR
14%
.18%
Feb
22% Mar
July
Jan
26%
Oct
15
ctfs
for
Escrow
ctfs
for
100
com
—100
pfd
20
.
Jan
10
29
9% Jan
7
Detroit-Michigan stove Co
24% Mar
2
Detroit
1
Steel
Corp
11
Dec
16%
Jan
Mar 29
De
19%
Deo
28%
Jun
16% Jun
13
22
Jan
26
Jun
32% Jun
22
40
Jan
7
45% Feb
1
20
38
Feb
46% July
39% July
11
Deo
19%'May
9% Jun
14
6% Jun
12% Jun
13
Mar
xl9% May
1
13
6%
partic
13
16% Aug 11
Distill Corp-Seagrams
Stores
$ per thare
Range Since Jan. 1
Lowest
Highest
t per ">>n.re
.8 per share
Dec
20%
Oct
17
Jan
8
41
Jun
24 % Feb
14
30
Jan
18
46%
Deo
66
Apr
45% Jun
13
53
Apr
26
10
Deo
23
Jan
10
Jun
12
14% Mar 29
Dr.
29
Feb
<10
Jun
25
July
1
33
Doehler-Jarvis
3
17% Apr 20
Dome Mines
63% Mar 31
Dow
11% Nor
19
Feb
47
Nor
67%
Apr
48% Feb
32%
Feb
50%
Oct
43
97
.
12%
12%
1,000
18%
*18%
19
13%
19
2,000
35%
35%
35%
35%
35%
1,700
42
42
*42%
42%
*42 Va
42%
42%
42%
43
43
11
10%
10%
11
11
11%
*11
7
7%
7%
16
15%
15%
*10%
7
60c
9
Ltd
15%
Feb
106%
Jun
Feb
106%
Oct
12% Jan
Apr
7
29
Jan
24
21
LOW
f per
16 %
HIGH SALE
AND
16
700
7%
7%
7%
1,400
16%
16%
16%
11,000
Thursday
*11%
11%
11%
*11%
11%
No par
28%
*28'A
29
No par
*49%
51
49%
50
11
11
11
11
IIVb
29%
30%
30%
30%
the Week
$ per share
11
11%
*49 Va
Sales for
Aug. 12
9 per thare
t per thare
Friday
Aug. 11
Aug. 10
t per share
300
11%
PRICKS
Wednesday
28%
—No par
1
7Vb
7%
16
1
Corp
11%
Shares
:
11%
11
1,000
29
*28%
29%
*28%
29'A
51
*49%
50%
*49%
50%
590
11%
11%
11%
11%
1,200
30 %
30%
30%
11%
30%
30%
30%
3,500
29
.
500
1
1
STOCK
EXCHANGE
17
17%
17
17%
16%
17
17
13%
60
60%
59%
59%
59%
60
59%
59%
59%
59%
1,900
48'A
48%
48%
48%
48
48'A
48
4o %
47%
48%
8,800
No par
No par
105%
105 Va
105'A
105%
*105
106%
106%
106
106%
60c
17%
18
17%
18
.18
100
*81%
88
*82%
86
*80
_1
Ltd
17%
18
No par
CLOSED
No par
Co
7%
Aug. 9
f per thare
thare
11
Tuesday
Aug. 8
Aug. 6
,
Pepper Co
Chemical
*12'A
Monday
Saturday
STOCK
Divco Corp
Dixie Cup Co common
Class A
*12%
12%
18%
35%
2
Douglas Aircraft
50 % Jan
9% Feb 24
12%
100
17%
Pat
Nov
*12%
—
1,700
19%
35 Va
9,per thare
13%
12%
*18%
17%
28
12%
—
6
6
5%
19
35
EXCHANGE
2b
*18%
17%
Corp
NEW YORK
Highest
5%
19%
35%
preferred
Diana
5%
*18%
5%
19
17%
Diamond T Motor Car Col
13
5%
19
*5%
55
34%
STOCKS
Year 1948
-
common
12% Apr
5
7% Mar 12
Bange for Prevtou*
Lowest
*12%
B
Match
5%
19
55
12.80
Vllbiss Co
Diamond
5%
19
*51
No par
Devoe & Raynolds class A
46
35% Mar
55
*50
1
14
Jun
11 % Jun
Escrow
18
common.
..
16%
16%
8,800
-
90
Xl8%
Nor
101% Apr 22
101
Apr 29
31% Jun
17
80
% July 28
106
July 13
108% Jan
24% May
$4 preferred series A
21
4
$3.25 2nd
Dresser
preferred
Industries
common
106
105%
*106
106
106.
19%
19%
105%
*104
105%
107
106
106
19%
19%
'
83
Jan
98
12
Deo
20
12% Deo
18
:
July
May
Apr 27
11% Mar 8
86 Va Jan
21
3%%
19% July 26
Dunhill
conv
preferred
International
18
84
*80
84
18%
*17%
19
*18
12
12%
50%
51%
121%
121%
31,900
84
*80
18%
18
300
1,700
19%
18%
600
-
8% Jun
May
13
13
Jan
5
Duplan
43% Jun
113%
94
Jan
124%
Fob
>99% Jun
111% Aug
10% DM
18
116
Jun
Jun
15%
119
Feb
97% Jan
14
28
3
9% Jun
Jan
13
12% Jan
10
Deo
25% May
15% Jun
14
Oct
20% Mar
19% Nor
13
14
13% Deo
88% Fob
22% Jan
7 v4 Jun
46% May
38% Jun
14
Deo
82
Mar
10%
Deo
82
Deo
5% Jan
89% Nor
11
175
Jun
Jun
164
8%
56
95
Jun
Jun
■
10
'10 Vb
10 %
10 Va
It
19
/19%
19
15%
*8%
16% Oct
12% Feb 25
32% Mar 18
10
4%%
1
Elastic
7
15% Apr 14
35% Aug 10
Stop
Nut
Auto-Lite
96%
6%
6%
6%
8
Co
(The)
39 Vb
39%
39
3
common
Convertible preferred
No par
Elec <fc Mus Ind Amer shares
Nor
27%
Jun
17% Jun
13
22
Elliott Co
10
Deo
74%
Jim
48
Jun
15
58
Deo
49
Oct
42% Jan
14
47
Feb
23% Aug
2
8% Jun 14
29
May 16
2 % Jan
Jan
12
10
Aug 11
Electric storage Battery
No par
common
5%%
Aug 11
28
5%
El
conv preferred
preference
Natural
Paso
Gas
80
50
16% Mar 31
12% Jan
Electric Mfg Co
Emerson Radio St Phonograph
14% Jan
6
29%
Deo
84
17% May 26
Empire District Electric Co
Jen
x29% Jun
16
33% Mar 25
97
Feb
104
Jun
100% Jan
24
4% Jan
6% Nor
4 Vs Jun
6
Feb
9 % Jun
13
80% Feb
16% July
65% July
5% Aug 10
5% Aug
3
14% Jan 21
Endlcott Johnson Corp common
4% preferred
48% Jun
i
69
Sep
68%
55
4
Deo
,9% Deo
7% Mar
Apr
July 12
3% Feb
20% May
25
4% Jan
0
7
13
10 % Jan
9% Aug 12
45% July 28
36
Jan
4
3%
Dec
7%Mar
3
Jun
15
31
28
49% May
page
Jan
6V« Jun
Deo
see
61% Jan 24
68
6% Jun
11% Jan
34%
For footnotes
7
24.
5% Apr
6
Emerson
Office Bldg
Equltqole
Erie
5%
Erie
RR
common
preferred series A
St
Pittsburgh RR Co
41
12
12
21%
21%
%
39 Va
21%
21%
r
95%
7
7
200
94
180
11
600
95%
40
800
7
39%
39%
3,400
15%
3,200
37
39%
•
35%
1%
400
39%
39%
39%
39%
1,600
12%
12%
600
20C
12%
12 Va
12 Vt
12%
21%
21%
21%
22
21'A
21 Ve
2,300
59%
58
58
56%
56'A
200
*45
47
59%
45%
*44
45%
45
25% '
25
*31%
15
40
*44
9%
•
39%
*57
5
10
2§
.100
1
2.80
*10%
2,400
16%
*1%
1%
39%
9%
3
94 .;
11
96
26%
14%
1%
1%
*57
9 Vb
1
93
20
182
35%
15%
*35 Va
11%
9%
100
80
*16%
7
1%
15%
35%
11%
4
No par
;
26
-
1JA
14%
60
16%
39%
35%
*57
13%
6%
39%
15
25%
Eversharp
Exchange Buffet Corp
39 Va
1
25%
8
8
Inc
Corp
1%
i
36 Vb
*35
24%
Eureka Williams Corp
Evans Products Co
Ex-Cell-O
*1%
39
39%
14%
14%
36 Ve
S
new
20% July
16% Deo
16% Aug
13% Jan
14%
*35
6%
6%
6%
11
*95%
1,500
10,000
'
'
Electric Boat
.■
9%
42%
*178
26%
.16%
93
11V4
*95 V2
9%
180%
16%
300
9
42%
10
42%
26%
•
94-
11'A
100
1
preferred
Electric
*93-
11%
19%
Jan
180
180
182
96%
If
9
*180
"
42%
180%
43
94
Elgin National Watch Co
9%
10
10 Ve
42%
*92%
13% Mar 24
17
10
*95%
2
12% Jun
10»A
43%
*11%
10 Va Jun
Feb
9% Mar
10
43 VB
11%
17
41%
10%
43%
96%
51
15%
10,600
93%
7
*55
3,100
15 V*
*8%
11%
34 % Jun
Jan
19%
15%
8%
*95%
48% Deo
13
18%
15%
2.80
2% May
56% Jan
1% Jun
19
8%
*91 %
2
800
15%
26%
Jan
300
18%
<16 Ve
7% Apr
10%
8 Vb
16 Ve
100
*10%
15%
26%
:
150
10%
18%
16%
common
1,300
101%
113%
8Ve
27 Va
preferred
122
101%
*112%
18%
42%
182
121%
102%
113%
15%
10
/
313
8%
26 3A
43
57,700
15%
*16%
4%%
50%
19 VB
16%
Co
12% Deo
•
8
27%
Ekco Products Co
900
50%
\
*10%
*16
5
12%
10%
x26 %
preferred
Manufacturing
12%
*10%
*180
6%
Aug 12
37% Jun
8
..,10
8
*101%
113%
*113
100
2
Apr
May
Feb
15% -15%
1
Inc
102
Edison Bros Stores Inc common—1
10
94
82% Feb
1% Nor
Co
Airlines
*101
Eaton
Jan
14
1
102
113%
102
18
101
29
122%
102
113%
*122'A
July 20
32% Jan
7
4
Jun
6
122
113%
Eastern
185
July 25
33% Apr
122 V*
*112%
7
10 % Feb
Jan
122%
123
101%
100
13% Jan
16% Jan
106 ~
51%
No par
47% Mar 29
5
50
No par
14
7
50%
series
13
Jan
49%
series
Eagle-Plcher
21% Jun
50%
$3.50
Eastern Corp common
Eastern Stainless Steel Corp
Eastman Kodak Co common
14% Apr 13
88
Jan 12
12 Vb
$4.50
7
19% Ma/
92% Jun
12 Vb
Preferred
Duquesne Light 5% 1st pfd
DWG Cigar Corp
20% Mar 30
16'/« Mar 29
33% Deo
12%
49%
8
13% Jan
7% July 11
12%
& Co-
Preferred
8
12
(E I)
New
5
Aug
115% Jan
Deo
Sep
80% Dec
102
20
13%
167
123% July
Jun
112
13
-
51% Aug 11
12
No par
Corp
Du Pont de Nem
12 Vb
9
45
25%
v4
24%
9%
9%
25
9%
•45
24%
9%
47
100
25
5,100
9%
3,900
14%
13%
14'A
13%
13%
5,900
16%
16%
16%
16%
16%
*16'A
16%
*16%
16%
1,400
32
32
32
32
32
*31%
32
31 >A
31%
14
13%
14%
14VB
4CC
*102%
103%
102%
102 Va
102 Vb
102%
103%
103%
*102%
104 Va
40
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
39,500
10%
11%
11%
19,400
10%
11
52%
53
53
63
*60
*60
4Vb
7%
8Vb
44
3%
4%
7%
8%
45
3%
4%
7%
8%
45
*3%
11
11%
53
*53
54%
*51%
53
63
*60
63
*60
63
4%
7%
8%
45
4%
4
%
7%
8V4
*45
4%
4JA
8
8%
45%
4%
11
4'A
8Vb
8%
45
4%
11%
4%
8Va
11
51%
*60
4%
8%
51%
700
63
4
Vb
1,200
8 Vb
1,900
9
9%
9%
14,700
45
*45'A
45%
1,300
*4%
4%
700
4%>
Number 4829
Volume 170
THE
COMMERCIAL
NEW
>*age for Frerloiu
Year 1948
Lowest
9 per share
37
54%
Jun
Nov
33 %
Oct
Apr
20
28% Nov
NEW
Highest
f per share
t per share
Not
xl9y«
Lowest
34
Jun
Feb
28
15
41% Jan
,
7
25% May
3
12% Aug
1
% Jun
8
9
15
Nov
11%
Jun
11
Feb
16
Oct
ll%Mar
43
Jun
32
35 %
Feb
Jun
6
No par
20
Corp_
1
Family Finance Corp common
l
FAR
Liquidating Corp
1
Fedders-Qulgan Corp
ZZZZZl
July 21
38 % Jan .26
Federal Mining A
-
20 Vt May
14% Jun
17
17 % Jan
26
Dec
12% May
31% May
3% Jun
14
6% Jan
Federal-Mogul Corp
10
24% Feb
9
Federal Motor Truck
Federated Dept Stores
90
Feb
Jun
99%
95% Mar 23
Dec
24%
Sep
Dec
26 ya
Jun
Feb
69 %■ Oct
42
Dec
14% Jun
13
12%Jun
14
63% July 13
Jun
107%
43
Jun
53
103% Nov
105
July
14%
20% Aug
11% July 13
21% Jun
7
Feb
28% Nov
13
42%
Dec
xl04
Jun
98% Jan
May
3
66
Aug
9
17% Jan
4%%
3
31% Jan
Y.JUZlO
Fire Ins N.
Firestone Tire
&
Rubber
7
FUntkote^Co (The)
7
Follansbee Steel
12% May
47% Jun
8% Feb
24
1
20% Apr 29
12% Aug
29% Jan
8
78
90% Jan
18
3%%
95
26
3%%
22
Mar
Dec
89
"
11
21% Jun
17
25% Feb
9
Feb
26
May
8
Jun
13
x38
Feb
26
53
47%
17% Mar
12% May
24% Jan
68%
84
Dec
11% Jan
19
16% Jun
20% Jan
W
78% Feb
1,600
14%
14%
14 Va
14%
14%
7,200
ii
%
%
3,400
65
11%
16
*21 Va
14%
4 Va
4
29%
1,000
18
4
23
,
y
100
' c.Vv
3,200
5,800
23%
29%
99%
♦99
15
*14%
15%..
*14%.
15%
800
15%
♦15%
16
*15%
15%
1,000
68%
48
68%
*
65
100
68%
1,300
47%
47
47
2,200
105
105
80
64%
64
64
500
11%
11%
900
11%
11%
27%
6,800
11%
Xll%
21%',
21%
16%
15
15%
15 Va
*13%
13%
13%.
13%
13%
11%
11
11%
11 Va
102%
22
*21 Vb
14* '
.
14
11%
11%
50
12 Va
C
100
16
3,000
14
16
22
16
16
13%
11%
27%
*101%
283.
*21 Va
15Va
jo
27%
102
27%
102
22
68 Va
68'/a
64%
♦100%. 102
20
100
*99
105%
'
47%
♦105
65
27%
27%
102
♦68
48%
106 Va
par
ZZZZZ_1
;■
♦4
2,100
3,800
36%/=
*17%
18
29%
4Va V
♦105 %
11%
22 %
*17%
ii,/..;
14%,
36%
37 Va
37
18
?.<;■ %v5'"
15%
66
11%
27%
14%
*14%
•
37
%
•
14%
''A
69%
HOO£
15
Vb
4%
48%
14
Z:
,':=,V
1,300
11%
*11%
Corp
8,200
12%
12%
ll7/a
12%
11%
12
12
12 Va
11%
12
,
2,800
10
24
24%
24%
24%
24%
25
24%
25%
24%
24%
5,500
100
Chem
pfd__.
preferred
*84
83 Va
*84
86
♦84
86
91%
92
*91
commonZZ_10
Corp
86
ZZZZlOO
92
91
92
25%
26%
25%
23
23
23
23
11%
11%
11%
25
ZZZZNo
par
<
11%
*83
*°o
1
*8%
51%
52%
52 Va
92
16
16
15%
26%
25
26
"25%
23
23
23
22 78
11%
15 Va
3,300
23
11%
70
-
26
11%
52%
100
85%
92
*22%
10
Froedtert Grain A
Malting Co~Inc_i
Fruetaauf Trailer Co common
84
♦90
*26
26%
Preeport Sulphur Co
2
3i#
29 %
106%
Franklin Stores
Corp
12
1,700
,
23%
33
•
99%
66
*21%
A__ZZZZno
,
23%
39%
14
100
47%
27%
Corp
37
%37
23%
39
.37 A.
.
29%
*68
101%
714
prior preferred
Francisco Sugar Co
16 % May 27
69% Aug 12
Aug
?■£
Z 4%
*105
27%
6%
Aug 11
6
69
*100 Va
conv
Foster-Wheeler
3
11%
Corp
Machinery A
11% Aug
5
10% May 13
Oct
10
Feb
Power
Florshelm Shoe class
26% Mar 17
25% Jan
8% Aug
Feb
Jan
19% Feb
16% May
10
Florida
July 26
38% May
9% Dec
35%
July 18
4%
29%
,
48%
Nopar
Food Fair Stores Inc
Food
FlorenceJJtove Co
16% May 19
*65%
No par
preferred
'
Shares
39%
*17 %
105
—No par
No par
No
24% Jan
$4
6
105
No par
common
15
Jan
48%
„ioo
First National Stores
Firth (The):
Carpet Co
May 13
68%
25
com
preferred
x9% Jun
92%
29
4%
29%
36%
15%
Fidelity Phen
37%
37
X23%
the Week
share
ii
15%
1
24%
far
Balm
-
Aug. 12
S per
13%
;■/
♦17%
-
15%
2
37
24%
*39
14 va
36%
17%
15
Jan
82% Nov
24% Dec
""
4Va
♦14%
•
36%
17%
*99
40 ya
2
15
14%
36%
15%
22%
May
36%
Z
Friday
Aug. 11
'
15%
14
Jun
ik
99%
12
105
ii
15%
21% Jan
Dec
li
99%
12% Dec
Dec
13%
*15%
Dec
79
13 %
1
28
27
36%
39%
g
Aug
Thursday
f per share
I per share
24%
39%
:
100
102
9% Mar
36%
24%
13%
; 13%
5
Mfg Co.
Corp
7
Dec
39%:
Nopar
preferred
18% May 25
13% Jan
3
May 26
36 "v";.
24%
39 Va
Felt & Tarrant
36% May
15% Jun
-
35%
24%
CLOSED
Ferro Enamel
50 % Mar 31
Jan
8TOCK
EXCHANGE
5
com
S per share
6
107% Mar 17
53
• per share
Aug. 10
5
6
59% July
Dec
4%%
9 per share
Aug. 9
17% Jan
69 %
17
PRICE*
Wednesday
Tuesday
20% Jan
May 16
49% Mar
96
July 14
100% May 3
"
19%
17 V»
53 y3
26
30
Monday
Aug. 8
;
Smelting ~CoZZ__2
Mar
5
Feb
(605)
RECORD
Saturday
Aug. C
Fairbanks Morse A Co
Fajardo Sugar Co
Falstaff Brewing
16
20%
STOCK
CHRONICLE
LOW AND HIGH SALE
STOCK
Par
39% Aug
5
14% Aug 10
7% Jan
7
5
YORK
EXCHANGE
s per share
13
19
23% Feb
FINANCIAL
STOCKS
Range Since Jan. 1
Highest
YORK
&
1,400
11%
11%
11%
210
-
9
*8%
9
8%
*8%
9
52 %
53
300
8%
8 Va
52 Va
8%
x3u-a
'
52
*
15%
15%
15%
50
15 Va
15%
13%
2,600
Va
700
>
•
1
4%
13%
19
18%
18%
18%
18%
18%
18%
13%
18%
5.400
Z_l6o
preferred
70%
71%
70%
71%
*69%
70%
*69%
70 Vis
60
09%
100
- 4
G
6%
Dec
10% May
4% Jun
15
6%
Dec
10% May
4% Jun
14
7% Apr
7% Jan
10
16%
Dec
20
14% Jun
30
17% Jan
6
9
Jan
Dec
38%
12%
12
Dec
48% Aug
Feb
17% July
13
Feb
25
17
15
Jun
15
19
27%
6 % Jun
34
Jun
Dec
16%
Dec
Feb
99% Mar
Dec
1
9% Jan
10
15
41% Jan
12
13
14
13% Apr
6% Feb
M&y
26% May
21% Jun
13
32% Feb
14
23% Jan
3
17% Aug
103% Jan
53% May
Jan
106
8%
Feb
42
99
11% July
159% Dec
Apr
May
Feb
25
July
9% Jun
153
15
6
14
July 15
107
Jun
106
Gar
General
2
11
19
9% Mar
14 y4
May
9% Feb
24
15
July
6
13
10
Nov
Jun
72% Sep
28% Nov
82
44% July
24% Jun
14
31
Jan
24
17
Jun
28
20
Apr
1
Jan
129
Jun
17
May
34
Jun
28
39% Jan
3
General
7
18
Dec
X125
Nov
31% Mar
34
Jun
144
43
Mar
41
87% Nov
96
9
Mar
40%
118%
Feb
Jun
79% Jan 20
139% Apr
40
! Jan
4%
2
8
Jun
93% Jan
4
13% Dec
x6% Jun
14
53
44% Jun
15
52% Jan
Oct
Feb
128%
Jun
108
Jun
123% Jan
97
4
4
vApr
107% Jan
Cable
1st
Year 1948
Lowest
50% Mar
119
Oct
93% Feb
12% Mar
16%
Feb
12% Nov
2% Feb
10%
18%
120
Dec
Dec
Sep
4% Mar
22%
Feb
24% Nov
110% Feb
22%
Dec
21%
98%
Apr
Dec
*
General
17%
11%
11%
11 Va
11%
11%
11%
!%%
4%
4%
4%
24%
*23%
24%
*24
24%
200
20%
20%
20 7/a
20
20%
11,400
'
16%
17 Va
167/a
17
16%
17
16%
16%
13%
17
4,000
!
5
45
*103
5
Jun
x97
Jan
6
17 y4
Jun
13
Feb
25
102% Aug
16% Aug
26
Nov
22% Jun
17
28 % Aug
General
18% May
4% May
11% July 19
2% Jun 28
16 % Mar
Gen Precision
15 %
11% Jan
3
14% Aug
Gen
15% Jun
14
20% Jan
10
,6%
*69 ye
72
120
May 19
4% Feb
10
20% Jun
22
123
72%
♦70
71%
27%
27%
*26%
27%
18%
18%
18%
18%
18%
19 %
•19%
19%
*137%
138%
♦137%
138%
•137%
1383/4
37%
38%
37%
38 %
43%
44-
43%
*98%
43%
100 Va
1
6%
49%
Utilities
127
♦102%
104%
126
103
103
104%
Tuesday
Monday
Aug. 8
9 per share
9 per share
*50%
♦126
104 Va
105
27% Feb
Dec
39% May
96 % Jun
17
Dec
25
75
Dec
85%
May
Jun
*126
102%
102%
101%
102%
102
102%
•101"%
102%
102
102 %
16%
16%
16%
16%
1
par
5
EXCHANGE
28
28 %
27%
27%
27%
CLOSED
14
14%
13%
14
14
3%
3 Vb
3%
14%
14%
14%
•16%
1
20
No par
100
28%
105
26%
20%
♦99
28%
106
26%
20%
102
17%
121
28
26
13%
13%
3'/8
14%
14%
•17%
110
5%
5,100
♦23%
23%
23%
23%
800
20
600
109
270
28
101
26
28
55% July
4
Feb
Mar
113
Mar
14%
Dec
47% Mar
2
94% Mar
May
6%
20 %
99
5
11
4%%
preferred
100
♦71%
72
♦71%
72
•71%
72
♦71%
72
3
8% %
preferred
100
♦65
71
♦65
71
•65
71
•65
71
15
12% Feb
14
33% Jan
1
14
72% July 11
91
Georgia-Pac Plywood
Gillette
7
Jan
13
17% Jan
5
76
Jan
& Lumb
com
Safety Razor
No par
$5 conv preference
Gimbel Brothers
31
$4.50
Co.l
Nopar
5
common
preferred
Nopar
17
27% Aug 11
Gleaner Harvester
Corp
17% Jun
17
21% Jan
Glidden Co
com
No par
preferred
Goebel Brewing Co
50
48
July
5% Jan
6
3
x95% Jun
13
Jan
12
14% Jun
29
17% Jan
7
52% Jun
14
64
103 % Aug
100
v
Jun
24
50%
Oct
34
Jun
14
105%
Oct
98% Jun
20
Dec
23%
Jun
10
10
Dec
5%
Jan
5%
Feb
8%
Apr
Jun
1% May 12
5% Feb 19
15% Aug
18
Oct
16% Jan
4
18
Feb
35
Oct
16% Jun
14
23
Nov
31
May
89
Nov
9% Mar
29
Mar
xl2
20% Mar
116
104
26%
20%
20%
51%
27%
20%
26%
27%
20%
20%
20%
50%
50%
*49%=;
50 %
4,300
.vr 300
9%
9%
9%
9%
'12,300
9%
*97%
99%
*97%
S9%
99%
♦1G2
103%
103%
104
42%
43
3% Jan
7
8% Apr
23
22% July 13
28% Jan
7
93% Apr 26
98
July 25
14% Sep
11
Jun
14
16% Apr
40
32
Jan
6
Apr
9
11
Grand
,
Union
5
Co (The)
10
City Steel
(W T) Co common
3%%
preferred
conv
1%
7%
22
106
11%
1%
104%
11%
1
%
104%
12
1%
7%
7%
22%
22%
22%
24%
24%
93
S3
*97
98
•13%
13%
♦13%
13%
*33
35
*33
35
♦22
24%
97%
13%
♦33
4,600
♦102%
103
•V^V' 700
41%
105
11%
12
1%
39%
1%
7%
7%
22%
22%
22%
22%
*24%
24%
*97
98
24%
"24%
-
*97
14%
*33
98
14%
14%
1,400
2,700
:£
;
14%
,
110
•;
u
1,500
)
35
35
15% May
11% Jun
13
13Vs Aug
50% May
23% Jun
33% Jun
13
43% Jan
7
Dec
16% Jan
3
18% Jan
10
132
Feb
133% July
8
144% Mar
60
Apr
77
Jan
66
29%
Feb
40%
Jun
33% Mar 19
13%
Dec
17% May
11% Jun
10
Feb
13% May
10% Jan
Dec
98
Jun
93% Jan
25% July
15% Jun
15
5
Feb
24
92
Jan
145%
Jun
Jun
3
22
8
3
Gt Northern Iron Ore Prop
Gt Northern Ry 6% pfdGreat
Western Sugar
7%
preferred
3
Green
39% Aug
8
14 % Mar 29
Jun
Bay A Western RR
(H L) Co Inc
Greenfield Tap A Die Corp
Greyhound Corp
9
Jun
97
July
85
Feb
12%
Nov
20%
Jun
44
Feb
58%
Jun
41
57%
Feb
81
14
Jan
4
12
4
100
4
July 20
July 27
20% Apr
6
7% July 13
99
July 11
4%%
14
Jan
7
50
Jan
8
$5
Jun
56% Jun
13
71% Jan
7
Gulf
18% July
16% Jan
3
footnotes
see
page
24.
16
preferred
Oil
12,100
13
13%
13
13
13
13%
38%
38%
38%
38%
33%
38%
39%
38%
38"%
5,000
17%
17%
17%
17%
17%
17%
17%
17%
17%
18
7,900
135
136
135
135
100
♦64
68
*64
68
♦135%
*64
136
135
63
♦64
135%'
68
,
135
*
135
39%
250
66
39
38%
64 %
2,800
39
39%
39
39%
39%
38%
No par
12%
12%
*12%
12%
12 %
12%
12%
12%
*12%
12%
300
3
11%
11%
11%
11%
11 VB
11%
11%
11%
11%
11%
55,700
98%
98%
98%
98%
98%
30
17%
16%
17%
17 %
17%
6,900
5%
5%
1,800
1
39
100
*93
98%
*98
98%
_l
17
17%
17
173/s
1
$5 conv preferred
No par
Gulf Mobile A Ohio RR com.No par
13
14
Apr
preferred
Grumman Aircraft Corp
Guantanamo Sugar common
Jun
13
13%
37%
—
Common
9% Jun
20
(The)
13
13
100
Green
66
No par
No par
com—No par
Corp
Gulf States Utilities Co..
No par
25
No par
5%
*97
6
6
99
*97
6
99
17%
♦5%
♦97
6
99
5%
♦97
5%
99
■,
*97
99
11%
9,300
11%
11%
11%
11%
10%
*48%
49%
49%
49%
*48 Va
49 %
600
66 3/4
66%
67%
x66 Va
67 %
67
67%
13,900
18 VB
18%
19
19
18%
18%
6,500
11%
11
11%
43%
49
49
49
65%
66%
66%
13%
13%
18%
11%
*98
18%
j
1,900
'
'
Dec
t
15,100
1,600
7%
22%
:
600
1,100
1%
7%
22%
14%
4,400
12%
1%
24%
97%
39%
•11%
22%
22%
35
:v;..
105
105
22%
7%
22%
22%
1
*
61
102%, 102%
12%
1%
22%
24%
100
1%
15%-
59%
xl04%
7%
21%
No par
♦11%
1,500
15%
x40%
43 %
106
-
60
100
*98
15%
6i;;
103%
22%
24%
com
„.
42%
>104%
100
9%
•
62%
xl5%
16
63%
7%
5
pfd
103
*
100
100
t
22%
No par
___
Grayson-Roblnson Stores
$2.25
11%
1
Granite
Grant
♦1041/4
No par
Hosiery
Graham-Paige Motors
Granby Con sol M S & P
5,900
27%
51%
No par
Gotham
300
27%
$5 preferred
Goodyear Tire A Rub
5
75
20%
9%
43
*74%
51
9%
42%
75
26%
9%
No par
No par
*74%
20%
-
51%
Aug
com
5,100
21
16
preferred
100
15
14%
26%
63
$5
2,600
29
84%
26%
16
9
40
6,500
■
20%
*51
63%
26
23%
6%
*11%
14%
15%
Aug 11
6 %7
♦83
75
9%
10
'
84%
14%
62%
com
!>-
14%
75
157/a
(B F)
G%
71%
71
28%
14%
1
Goodall-Sanford
«
71%
*65
♦83%
75
63%
Feb
For
26%
14%
*74%
15%
16
16% Nov
5% Mar
14%
75
6
2,600
19
19
19%
28%
♦83
63
16% Mar
36
14%
•
102
84%
28%
28%
83%
___100
May 31
July
28%
83%
No par
25
Jun
29
6%
6%
6%
85 %
75
•51
6%
19
19%
19%
19%
Goodrich Co
5
99
2.50
28%
♦83
6%
19%
Gold A Stock Telegraph Co
Inc
45% Jan
X105
(The)
conv
6%
19%
Mar 24
36%
90%
4%%
8
64%
96% Mar
2%
9% Aug
24% May
38% Mar
15
7
53% Mar 25
19
2,400
400
26%
21%
•21
*99
73
Oct
Oct
2u Va
21
102
21% Jan
Nov
122
27%
*107
2C %
26%
•
4
21%
102
*120
23
108
77% Apr
5
1,200
122%
5%
120
9
com
3,900
26,600
17%-.
17
17%
8,200
3
14%
5%
28
•99
2%i
14%
5%
120
107%
♦20%
21
102
13%
3%
24
26
26%
21
♦99
27%
13%
27%
5%
28
107
106%
28
28
122%
♦120
28
106%
1,900
3,200
17%
17%
17%
121
900
16%
14%
14%
♦23%
17%
*16%
16%
3%
v
3
5%
No par
16%
14
3
121
300
'
'
16%.
27%
14%
62
13
Jun
35,500
126%
61%
July 19
12% Jun
Shares
61%
126%
21% Jun
19% Nov
48%
61%
♦126
61%
61%
Jun
79% Jun
Bale* for
share
126
STOCK
410
the Week
t
126
62 Va
23%
Gen Tire A Rubber Co
-
-
126
-x61 %
70
24
105
125%
«..■
%
100
Friday
Aug. 11
I vr thare
67
>
>.
63%
Co
com
__
4,000
2,200
>
125%
Nopar
$6 pfd
•
?,
7
51
62%
Telephone Corp
7
.
♦125%
5%
Time Corp
preferred
Mar
101
*4,200
Aug. 12
Thursday
Aug. 10
9 per share
23%
General
87
105
.
126%
♦126
105
r.
PRICE*
Wednesday
Aug. 1)
I per share
7:>
V >"50%
126%
5% Jun
72% Jan
>♦98%
7%
51
No par
Refractories
4%%
7%
126%
5%
General Shoe Corp
Gen Steel Castings
101.
,-*98%
7%
51
50%
♦126
23 %
General
15% Jun
101
7%
5%
4
Jun
126
18,100
44 %
23%
8
90
May
82% May
37%
43%
No par
4
4
37%
5%
26% Aug
23
99% Apr
38%
44
16%
22% Apr
102% Jan
18% Jun
Dec
37%
43%
♦98 Va
7%
50%
50
1383/4
►-* CO OO
38 %
♦120%
8
"900
43%
10c
122
27
500
19%
37%
100
General
27%
19%
43%
:
No par
7
70
27 Va
10
Corp
24
29% May
30% May
7%
50 %
50%
*126
Aug. 6
10c
99% July 18
22% Jan
3
Jan
♦98%
7
80
70
/
■
Saturday
Equip Corp____No
Oct
28% Aug
*70
27 Va
♦137%
Cement
Jan
Mar 14
7%
7%
70
1,300
12,100
10%
7
100
Advertising
31%
24% Jan
*10
7%
*26 Va
100%.
40
10%
7 Va
preferred
6%
*153
155
103/a
27%
138
6,000
155
10%
27%
70
100
lOVa
9%
7
10%
Gen Realty A Utilities
Jan
5% Aug 11
*153
155
155
10%
6%
100
IC6V2
*103.
10 %
:
1,700
45%
*44%
45%
104
10
10 %
•y >.
107
*103
ice
7
10%
No par
series
132%
30
10 Va
10 Va
.
443/4
104
105
*103
10%
155
155
•
44%
44%
44%
105
10
106
50
Gen Public Service
Public
44%
*103
10%
107
*106
2,300
4%
4%
Nopar
Jun
Dec
45 Va
105
155
107
*106
7
com
30%
Dec
•106
No par
Gen Railway Signal com
May
6% May
18%
10 Va
*153
STOCK
99%
76
106
LOW AND HIGH •ALE
126
102%
l
Zl00
5
3% Jan
2,700
4%
__100
14
Jun
'
i
11%
U1
24%
preferred
Portland
11%
900
V.V
20%
No par
51% Jun
Outdoor
11 V0
4
100
300
17%
4%
___No par
123% Jan
Gen
17
17%
20%
No par
$3.75
*16
18%
24%
No par
com
Jun
Preferred
17
*17%
4%
g
General Motors Corp
$5 preferred
*lo Va
18
;
,
19
Par
8
17
600
1,100
7%
35'/a
*23%
EXCHANGE
Aug
7%
*34%
4%
t per share
63% Aug
7%
35 Va
19
ioo
NEW YORK
Lewest
f per share
7%
*34 Va
24%
Nopar
Electric Co
conv
7%
35%
4%
100
$3.50 preferred
13
17%
*7%
*34%
7%
13%
General Instrument
Corp
7
7,800
24%
com
com
Corp
1,000
6%
17 %
1
common
Nov
Jan
17
17%
5%
6%
17%
*5%
50
125%
29
17
*17%
7 Va
5%
6 Va
*17
1.66%
General Mills common
5% preferred ;
Range Sinee Jan. 1
Highest
Highest
128%
*16
17%
7%
STOCKS
fper share
66
.17
17%
preferred
Kange for Previous
9 per share
*15%
No par
Co
Corp.
General Foods
13
128% Jun
35
com
4% conv 2nd preferred
General Cigar Co Inc com
7% preferred
44% Aug 12
98% Aug
1
13 % Jan 11
■
Feb
97
65% Apr 25
Jan
35
___2
preferred
General Bronze Corp
7
Jan
36
No par
$8
11% Mar 31
9
6%
17%
7%
Transportation
Baking
6 */4
*17
Nopar
Inc
5%
e%
5%
5%
>
6%
17
*35%
preferred
Amer
5%
6 Va
17
5
$4.25 pfd series A
General
*4%
6%
17
50
_
General American Investors
$4.50 preferred
24
163% Jan
com
(The)
Industries
conv
5
6
17
Corp
4% %
17
Jan
Inc
preferred
Wood
5
1
__20
Gaylord Container Corp.
8
10% Jan
conv
Garrett
3
46% Aug
com
Gamewell Co (The)
Gardner-Denver Co
7
13% Jan
1
(Robert)
preferred
5%
4
15% Jun
18% May
105% Jun
45
(The)
Gamble-Skogmo
25
3% Jun
9% May
100%
146
Jun
10% Jun
Dec
11%
42
6%
Apr 26
Aug
Co
Galr Co Inc
Apr 18
23%
16% Nov
~5%
Gabriel
4
COMMERCIAL' &
THE
18 " (606)
YORK
NEW
9 pershare
NEW YORK
Range Since Jan.1
Year 1948
Lowest
STOCK
Highest
Lowest
Highest
RECORD
LOW AND HIGH SALE PRICES
Saturday
Par
Tuesday
Aug. i)
Monday
Aug. 6
STOCK
EXCHANGE
Sper share
g per share
9 per share
Monday, August 15, 1949
CHRONICLE,
STOCKS
lUf« Jer Previous
'
FINANCIAL
Aug. 8
9 per
9 per thare
share
.
S per share
f per share
Sales for
the Week
Thursday
$ per share
Friday
Aug. 12
Wednesday
Aug. 10
Aug. 11
t per
share
Shares
H
Feb
31
15% Nov
12 %
12%
Dec
Dec
Oct
35%
22%
Sep
16% May
xl4% May
Jan
4
16% Jun
7
34% Aug 11
19% Jan
7
12
3
14% May 19
31
Jan
11% Jun 27
13
Jan
X101%
Feb
Jun
21%
Feb
27%
Jun
18% Jun 20
148% July
20 % Dec
150%
Jan
Mar
4%
Dec
Jan
89
107
34% May
Jun
8
Dec
59
6%
79
Jan
Feb
11%
Jun
Hamilton Watch Co
Feb
149
6%
4
19
14
Hat
5
67% Mar 21
6% Jun 28
8% Mar 14
61
Jan
6% Feb
11%
Jun
7
9% Jan
Mar
26%
Jan
19% Feb
3
20% Jan
13
20%
Oct
78
Jan
91
5% Jun
Jun
84
Jan
30
Jan
Dec
42
Jan
95%
Jan
103
May
98% Jan
14
22%
Nov
Nov
23% Jan
4
29%
24%
34%
Dec
35%
Oct
34% Jan
Dec
22% May
13% Jan
41% Dec
57%
Apr
Dec
128%
Feb
25% Oct
30%
Apr
120%
Jun
15
40
non-cum
5%
preferred
preferred
147/s Jun
14
21% Jan
7
79% Jan
84% May
6
Heyden Chemical -Corp
3%% preferred ser A
Jun
14%
Jan
3
12%
V
Dec
25%
21%
Feb
29% May
9%
Dec
15% Feb
Jan
16% May
30%
Jun
10
16
15
May
2
12% Jan
3
15
May
4
7
8% May 20
16
24% Jan
8% Jun
29
16% Jun
20
11% Aug 12
22% Jan 21
20
Jun
27% Apr
43% Aug
Holland
Oct
24% MarlO
29% Nov
42%
Feb
34% Jan
24% Nov
35%
Jun
X24
Apr 29
Deo
100
Jun
1
108
96
Apr
30
99
9% Jun
13
5%
12% Mar 30
Dec
99
Deo
11
Dec
29% Dec
27
Nov
81
Oct
38
Mar
103
18%
Jun
3
Feb
11
6
35% July 29
Jun
49
Oct
86% Jan
6
42% Jun 20
Jun
29% Feb
7
23
Jun
12% Jun
47
Jun
31% Jun
Dec
4% Jun
8% Jun
29
8%
Sep
14% May
34%
Jan
50
12%
Dec
22% Jun
Dec
Dec
$2.25
8%
Nov
19
Apr
5
May
14%
Jun
10
3%%
Howard
28
46% Jan
20
8% Jan
5
11% Mar
5%
5,300
6%
6%
22%
*2
22%
24%
25
25%
24%
*24%
25%
*93
94%
*93
94%
*93
94%
*93
94%
*93
94%
4
37
*35%
37
*35%
37
*35%
37
*35%
37%
35%
101
*100
28%
28%
22%
22
101
'TOO
*100
'
29
23%
23%
*39%
40
*39%
40%
*15%
16
2,100
47
47
2.700
*125
128
40%
14%
14%
14%
14%
15%
15%
16%
46%
47
47
47
46%
47%
128
*126
128
47%
128
31%
*126
31%
*31%
118%
31%
118%
119%
*118
*118
16%
16
16
13
17%
17%
84
9%
14
14
23%
24%
9%
9%
13%
*13
13%
14%
24%
24%
10
10
*18%
84
*83
9%
13%
18%
10%
*10
*18
100
*28%
40%
40%
46%
101
29
40
*31%
600
28%
*126
32
128
32
32%
33%
119
31%
118%
113%
*14%
15%
600
17%
17%
2,400
113%
119
16
16%
15
15%
17%
13
13
18
84
*83
84
*83
9%
9%
9%
.
9%
*13
13%
*13
14%
14%
*13%
14%
14
24%
24%
24%
24%
10%
10%
11
*10
1,300
120
84
*83
9%
13%
*13
150
2,600
9%
13%
14
*24%
11%
700
25
1,000
11%
800
18%
*18%
13%
18%
13%
*13%
18%
300
25%
*24%
25%
*25%
25%
*25,%
25%
700
42%
42%
42%
42
42%
42
42%
42
42 Va
4 800
com—5
27%
27%
27%
28%
28%
28%
23
28%
27%
27%
1,000
No par
*105%
107%
106%
106 %
*106%
107%
*97%
98%
*97%
98%
*97%
98%
*97%
98%
*97%
98%
No par
11%
12%
12
12%
12%
12%
12%
12%
50
*34%
34%
34
34%
*33%
34%
*33%
No par
35%
35%
34%
34%
34%
34%
34%
34%
93
93
93
93%
94
com
com
*34%
100
*91%
92%
No par
t
v
45%
45%
*45 %
__25
35%
35%
c
34%
35
35
*91%
93
45%
45%
45%
*45%
37%
37
37%
36%
15%
15%
*14%
37%
138
7%
7%
8
*10%
10%
11
Foods
Hupp
Corp
41%
42%
x40%
13%
12%
12%
12%
10%
10%
*10%
1
1%
1%
12%
No par
12%
STOCKS
STOCK
YORK
Saturday
EXCHANGE
Monday
Aug. 6
Par
$ per share
9 per share
10%
1,100
7%
8,500
11%
11%
11%
41
40%
40%
39
39%
?,r03
12%
12%
12%
12%
12%
10.000
8%
9%
4.300
1%
5,000
12%
1,400
9
9%
1%
1%
1%
*11%
12%
AND HIGH
Tuesday
share
33%
1%
1%
*12
12
Friday
Thursday
Wednesday
Aug. 12
Aug. 3!
Aug. 10
$ per
*9
9
1%
12
500
SALE PRICES
Aug. 9
Aug. 8
•
9 per share
37%
*7%
12%
1%
12
LOW
15%
*37%
11%
42
—
*15
7%
11%
6.66%
Inc____
15%
11%
12%
1.400
9,700
38%
7%
41%
60
45%
37
7%
*10%
7%
12.50
1,000
37%
38
38
,00
<35
*14%
15%
*15
150
5,000
12%
36%
37%
Hussman Refrigerator Co
12
45%
7%
Hunt
*92
103
45%
37%
Corp
107
108
*107
36%
36
*14%
NEW
24%
28%
1
Highest
101
*100
22%
25%
39%
*125
non-cum
Range Since Jan.1
22%
25%
11% Jan
Lowest
101
28%
22%
25%
40%
17%
28
$ per share
*100
23
14%
4
*15%
8% Feb
Jan
210
62
62
22%
Hudson Motor Car
2% Jan
62
6%
14% Jan
14
61%
800
5%
24
47% Jan
1% May 23
6
10% Jun
62
62
5%
22%
7
Highest
35%
1.000
6%
26
$ per share
30 %
7%
6%
Feb
9
Year 1948
Lowest
7%
6%
5
Bang* for Previous
9 per share
7%
6%
preferred
100
Hudson Bay Min & Sm Ltd_.No par
33% Jun
20
400
23
*7%
Manhattan common—1.00
&
143%
23
42%
A
Texas
Stores
Hudson
143%
5%
25%
Howe Sound Co
7
14s
23%
5%
30
preferred
14
*23
5V3
12.50
Houston Light & Power
Houston Oil of
*143%
7%
62
5%
25%
;
ser
Household Finance
48% May 4
37% Aug 10
15% July 27
143%
23
23
6%
.5
preferred.:
conv
143%
7%
5'/a
*5
No par
pfd
2nd
23%
320
1,600
20%
6%
10
Houdaille-Hershey
95% Mar 14
Sep
2
34% Aug
30
3%
10%
$4.50
145
20%
7%
5
$4.25 preferred
28% Jan
94%
Co
Hooker Electrochemical Co.
3
23%
21
6%
_l
Mining
May
Jan
38%
E)
& Sons—:
Mar 28
Jan
Feb
12% Sep
13
46%
Dec
14
33
Jan
*143%
120
75%
106
106
7%
1
preferred
Homestake
4
•34%
Jan
20%
29
(A)
conv
21
*72%
61%
5
Holly Sugar Corp
1
30
25
Furnace
21
xl2
76
105,
7%
*83
Hollander
20%
21%
x21
*73%
700
12
12%
X106
62%
No par
Inc
(Charles
107
7%
*13
Co
*12
75
106%
461%
100
Hires
12
12
*72%
5%
Hilton Hotels Corp__
.5
Hinde & Dauch Paper Co (new)—10
July 12
11% Jun
145
12
74
108
23%
100
28% May
21%
11%
74'
*107
5%
No par
Nov
12%
74
108
23%
No par
17% Nov
86%
4
25
Motors-
Hewitt-Robins
Oct
4143%
;_10Q
21% Jan 26
Dec
21
__-10*
Hershey Chocolate com
$4 conv preference
15
72%
4107
25
common
14
9
12%
4
2
common
14% Jun
78
5
2,000
100
14
17
1.900
13 %
Hercules Powder common—No par
27
Jan
Co
(G W)
7%
33% Aug 12
122
13%
13%
15
113% Jun
Mar
18%
13%
34%
5
Co——
123% July
27% Jan
114
18%
13%
1
.
preferred
Hercules
127% Jan
1
26% Mar
18'%
13 %
34%
_1
common
common—
3.65%
Helme
16% Aug 11
47% Aug
8
1
122% Feb
1
35 %
13%
13%
10
—
preferred-
29% July 21
40% July 28
4
Glass
Heinz (H J)
3%%
Mar 30
100% Mar
6
13%
Hazel-Atlas
Hecht Co
36
3
*34%
13%
13%
*34%
100
Marx__
Corp of America
preferred
1
25% Aug
9
93% July 13
17
&
4% Vo
7
34%
13%
13%
—100
:i—
Schaffner
Hayes Industries Inc.—:
Hayes Mfg Corp„
24 % Aug
27% July
x20
34%
18'/a
13 %
Refrac com—No par
preferred
Hart
5% Jan
*34%
18%
13%
4
STOCK
preferred
100
(M A) Co $4.25 pfd—No par
Harbison-Walk
24% Jan
20
34%
18%
CLOSED
No par
conu
100
34%
EXCHANGE
conv
Honna
4
23% Jan 13
May 12
20% Jan
3
4% Jan
4%
6
107% Aug
142
Well
Cementing
Printing Co
(W F)
5
25
Water
Oil
-Hall
Mar 29
81
72% July 26
104 % Apr
4
79
Hackensack
Halliburton
$ per share
S per share
$ per share
Sales
for
the Week
Shares
I
Apr
Jun
31% Jun
7
7
Idaho
Illinois Central RR Co
Power
27% Mar
/•I.
42% July
22% Feb
24
30% Jan
7
62%
9.0
July
97% May
37% July
73
Jun
13
84
Jan
7
6%
95
Jun
29
96
Jan
4
Leased
20
Jun
13
28% Jan 21
31% Aug 11
*05
24%
Feb
Sep
Jan
26% Aug
30
May
25% Jan
4
28
Feb
12%
Jun
7% Jun
25 %
Jun
21% Jan
4
15%
Jan
54% Aug
10% Jan
15
20% Nov
7%
Nov
38%
Dec
58% Nov
150
Feb
34% Mar
15%
Feb
6%
Feb
13
Dec
86
Dec
4
Jun
8% Jan
3
33% Mar
4
43
Jun
7
67
Jan
Jun
155
Jan
11
765
30
Apr
41% Jan
May 31
11% Jun
Jan
3
23% May
103
Jan
12% Apr
86% Jan
30
15% Jan
11
3% May
8
1
Jun
18% Jan
14
Intercontinental
7
Interlake
xl45% Jan
5
x34%
Jun
22% Jun
1
174%
Jun
164% Jan
3
9%
Jun
5% Feb
24
38%
Jun
86
Jan
156
Dec
93
Jun
5% May
34%
Oct
139% July
64% Jun
Feb
5%
99
July
Dec
14
May
24
Jun
180
July 26
29
73% Jan
17
81% Mar 11
3% Feb
26
25% Jun
14
135% July 7
41% Jun 13
94
Jan
5
5% Jun
Jan
4% Jan
31% Jan
143
Feb
8
100
Aug
8
$4 preferred
61
Feb
17
International
44
Jan
27
International
Shoe
43
Mar
65% July
38% Jun
14
57% Jan
13
30
Mar
A/H-A July 28
5 %
9
7%
preferred
International
International
17
23
Aug 10
Jan
3
29
Feb
•A' 39% May
24
Jun
14
32
Jan
21
136 % Aug
12
148
Feb
2
4% Deo
10
May
2% Jun
13
Dec
23%
Jun
11% Jun
14
Dec
92%
Jan
81
Jan
3
39%
Feb
48
44
89%
Oct
99
33%
Sep
100%
Feb
20%
May
May
42% Jun
113%
Jun
29% Jun
30
$6
30
Feb
35
Oct
Dec
106
May
102
Feb
15
105% Aug
8
4%
158
Jun
155
May 23
160 V Apr
26
Joliet
39%
Oct
21
Jun
14
33% Jan
7
93%
Apr
73
Jun
28
Jan
3
31% Jun
14
30% Nov
43% Jun
86
.1%
1 %
1 %
800
10%
10 %
10%
5,000
178 %
179 %
178%
1
Co.
25%
177%
177%
6%
.
4%
29%
100
7
27%
77
4%
30
137%
53
100
99
6 %
6%
55
*55%
56
____100
No par
com
100
2nd preferred series A
100
&
Chicago.RR stamped
100
Laughlin Steel com—No par
5% preferred series A
100
Joy Manufacturing Co_
1
._
43%
56
43%
7%
7%
*75
4%
29%
3"%
*13
27%
4
14
91%
..
91%
55%
55%
*101
38%
108
*36%
105%
*155
102%
39%
103
33
105%
170
29%
137%
*136%
53%
*99%
*5%
53%
*53
53
137%
*136%
137%
cn
53%
53%
53%
25.700
*99%
53%
.54
53
56
*54
5%
43%
47%
*46
47%
33
33
100
9%
8%
9
19,600
9%
8%
9
8%
9
5.3C0
15%
*14%
14%
15
2.400
22%
22%
1.900
15
23
22%
22%
23
28
23
91
*54%
*101
39%
*107
37
*105
*155
27%
27%
*135
133
4 1/4
*27%
4%
4%
*12%
13%
*12%
90
90
*89%
54%
54%
55
102%
*101
102%
*101
39%
39%
108%
108%
37
105%
170
39%
40
103 %
109
37%
*36 %
1051/2
*155
170
13%
90
100
56
700
55
39%
*108
37%
37%
105%
4%
12 %
101%
40
109
105%
.
3,700
4%
55
37%
170
100
*
102%
105%
*155
136 %
90
4%.
13%
54%
1,200
136%
91
.
27%
27%
4%
100
28
27%
138
13%
91
1.200
*32%
9 %
21%
4
1,700
43%
8%
*27%
*12%
770
56
46%
*32%
33
15
27%
1.400
5%
53 %
43%
28%
*136
300
102
43%
47%
100
77
3,000
21%
27%
2,700
15,200
14%
138
13,100
4%
6
*53
56
320
7 %
27%
29%
21%
27%
29,900
4%
*27%
*136
4 500
25%
176%
23%
4%
30
102
54%
47
*14%
*75
77
57/a
6 Va
43%
*31%
26%
*99%
102
43%
9%
138
4%
4%
30
52%
9%
27%
*75
77
137%
9%
*136
7
27%
9
15%
25%
176
7%
27%
9%
28%
177%
174
26%
176
27%
Q
21
8
176
6%
9%
20%
25 7
26%
177
27%
9
15
180
.
25%
176
q
1
com—
*53
177
8%
No par
Jones &
.40% Mar 16
179%
25%
6%
*27%
20
91
10%
99
.
rrif)
3.0C0
*1%
6
par
—50c
*89%
91
1
9%
14%
9
1%
51%
par
%
14 %
10%
*136%
.-5
l_No
No
14%
2.700
1%
51%
56
4 800
14%
10%
47%
Johnson & Johnson common—12 %
Aug 12
30
35
1%
33
Stores
preferred—
Johns Manville Corp
3% % preferred
Jan
*83% Feb
(F L)
4%
70
153
10%
*31%
3%%
99
29% Mar
25%
177
803
1 %
x47
preferred
Jacobs
5
145
38
179
1,000
10%
*
30%
Island Creek Coal common
40% Jan
7
110% Feb 23
6
*89%
49
—No par
6
90 %
137%
pfd__lQ0
30% Jun
Jun
1
July 20
Jun
90%
30%
Jewel Tea Co Inc
103
89%
48
Jersey Cent Pwr & Lt 4%
56
17
89%
50%
—_25
Jaeger Machine Co
24
90%
1,860
65%
35
14%
9
42%
■157%
9%
14%
9
1.300
2.POO
6%
*64
14%
*8%
25
common—.
14%
14%
14%
*136%
55
14%
*14%
9
43%
5% Jan
8
18% Jan 24
Jan
101
29%
1'4%
14%
9
43
91% Aug
95% Jan
14%
35%
14%
9
*53
Intertype Corp
18
14%
35
14%
No par
—No par
;
1
Interstate. Dept
24
79%
4%
No par
Utilities Corp—
18% Feb
Jun
May
*77%
Telep & Teleg—No par
.No par
35%
145
25%
Foreign share ctfs_—
■;
26% May
137% Jan
179
—100
International Silver
Jan 27
17% Mar
Nov
*89
15
preferred
22% Mar
29
9
100
1
com:
Salt
5
14
14%
14%
-_No par
-
20
7% Jun
5
—100
Int'l Rys of Cent Amer com__No par
Jan
Jun
20
*157%
8%
25%
42 %
35%
Corp
Paper Co
41
16%
157%
35%
34%
77
Jan
8% Nov
157%
157%
34%
78
Mining
45
-
153
34%
preferred.!
39% Nov
34
64'%
*157%
4~0
%
6
66%
157%
8,600
*3
42
65 %
27
Jun
11% Apr
4
11% Apr 11
15% Aug
5
42
66
7 %
52% July 22
30% Aug
3
7% Jun 13
42
65
27%
50
Jun
41%
65
7
Jun
Mar
42%
35%
31%
54
25%
8%
6%
158
560
31%
25%
*6%
27
Jan
35
8%
25%
6%
100
64
16%
8%
25%
6%
6'/a
,
Jan
8% Nov
8%
25%
2G0
54
54
41%
1
common
Dec
Feb
31 %
*53%
8%
1%
52%
71
54
25%
10%
65
107%
31%
54
*63%
common
preferred—
International
9
7% Feb
31%
54%
16,300
23%
23
6%
Int'l Nickel of Canada com__No par
Preferred
—100
7
8
53%. Aug 10
13
31%
177
4 %
93
23%
31%
8 %
1%
Harvester
International
10
*94
31%
Int'l Hydro-Electric Sys class A—25
Int'l Minerals & Chemical com—5
7% Aug 10
14
93
23%
25%
10%
Business
7%
*94
23 %
8%
:__—No par
Machine
No par
Int'l
7
93
22%
25%
Rubber—-..No par
Int'l
Aug 10
28 % Jan
178
*94
23
42%
Ctfs Inc
Corp
preferred
Iron
80
No par
common
Interchemical
4%%
*78%
6%
preferred
Insuranshares
26
80
42%
Inspiration Consol Copper—
8
9% July 29
*78%
6%
64
25%
80
22%
*54
1.600
33
26%
27%
27 Va
——1
No par
Inland Steel Co___
33
33 %
26%
33%
26 %
S A—
De Mex,
Rayon
Ingersoll-Rand
6%
8
33%
33%
100
Industria Electrica
Industrial
8
Oct
42% Mar
25%
2% Jan
Feb
135 *'■
jRR Co
5
Indianapolis Power & Light—No par
Illinois Terminal
13% Jan
Dec
Dec
54%
_
series
preferred
8
26%
3 % Mar
31%
54%
ctfs
9% Jun 29
125%
24% Mar
31%
50
93% Apr 20
16% May
71
No par
8
21% May
8% May
Dec
Feb
Illinois Power Co common
25
Nov
47%
*94
23%
4.70%
4%
98
23
3
160
A—100
ser
*94
July 29
55
lines
7q
100
10
Jun
Jun
Feb
5% Nov
.26%
80
1000
7
56
1%
23%
33%
27
*78%
98
34
*78
CLOSED
26%
79%
34
20%
STOCK
EXCHANGE
A
Mar 30
26
pfd
non-cum conv
stock
RR
8
76%
11%
160
20
.
common.100
'
51 % Jun
~9%
Co
Jan
35
*
105 %
*155
101%
10
39%
14,300
300
109
1.000
33
270
105 %
170
.
,
11.200
26
25 %
25%
78%
79
*78 %
79%
270
33%
34%
33%
33%
3 509
9%
2,800
25%
26%
25%
26%
25%
26%
25%
77
78%
79
79
79%
79%
33%
34%
33%
34%
33%
34%
K
11% Dec
21
May
8% Jun 30
12%,Jan
Kalamazoo Stove & Furniture
8
10
9%
9
9%
9
9Vb
91/4
9%
91/2
Kansas
XB9
Nov
98
■■
May
98% Dec
101%
Dec
23% Feb
48% Mar
48%
Oct
60%
Jun
——-
94% Jan
100% Feb
x34% Feb
12
11
24
52
Jan
14 %
July 25
3
Jun
23
4%
Kansas
4%
City Southern com—No
preferred
non-cum
Kansas Power
Kayser
23
21% Jan
8
Kelsey Hayes Wheel
13
17% Jan
*7
10% Jun
1
17 % Jun
xl3% Jun
57
«"■
7
May
page- 24.
43% Apr 12
City Power & Lt Co—
preferred
100
cum
preferred—
—100
3.80%
3
18
26% July
22% July
see.
104
>-
Aug 5
July 21
15% Aug
14% Jan
13% Dec
20% Feb
15% Dec
For. footnotes
101
Class
& Light
(Julius)
B
par
100
Co com_8.75
& Co
conv
*100%
104
40%
104
41
*100%
104
40%
102
*100%
102
*99%
102
*99%
102
104
*103%
104
*102%
104
*1021/2
104
41%
41
41%
40%
41%
40%
*56%
411/4
___
80
6.600
57
900
15
17.8^0
55%
55%
55%
56
56 %
56
56%
15
15 Va
14%
14%
14%
15
15
15
14%
11%
12%
19%
12%
12%
12
12
121/4
121/4
11%
12
19%
19%
20
*19%
19%
19%
20%
2,100
16 y8
16%
16%
16%
2,700
5
class A_1
19%
1
102
16%
16%
16%
16%
*55%
*19%
*16%
16%
1.600
Volume
Number 4829
170
THE
COMMERCIAL
NEW
Kftvre for Previous
Range Since Jan. 1
Lowest
Highest
$ per share
t.per share
42 %
607/s
Feb
40 %
Nov
12%
Dec
19
Feb
92
Oct
11%
Feb
Mar
63
29%
:Jun
39
6
19
RECORD
Monday
(607)
•56% Jan
12
Jun
20
25
13 % Jan
7
15
22% Jan
11
104% July
14% Jun
90
14
Jan
62
Oct
25% Jun
20
90% Aug
11
Dec
37%
89
Nov
Feb
10 y2 Jun
95% July
32
Jun
Jun
'
14
Mar 18
X35% Feb
16
58% July
48% Feb
14
49
43
Oct
Jan
3
46% Jan
7
Par
Kennecott Copper
Kern County Land Co
Keystone Steel & Wire Co
Kimberly-Clark
No par
100
May 5
14% July 26
69% Aug 12
Kinney
31% Jan
Koppers Co Inc
98
7
Jan
26
41% Aug 11
59 y2 Aug
2
x55% Aug
8
I per share
9 per share
S per
share
49%
49%
49%
49%
44
44
12%
12%
4%
5
No par
com
2nd preferred
conv
(G R)
Co
100
1
common
$5 prior preferred
STOCK
CLOSED
:•
'43%
121/4
20%
20%
50
14%
V
95
*93V2
14%
*67
211/s
95
Weelj
Sktiresr
49%
11,700
1,100
43%
x42%
42%
*42%
42%
12%
*12%
12%
*12%
12%
1,100
21%
21%
21%
21%
2IV4
3,300
93'/2
*93%
95
94%
94%
141/s
*14
14
14%
*67%
69%
28%
28%
28%
91 "
91-
10
40%
41%
/ 41%
57%
57%
57%
X55%
55"%
54%
54%
*131/2
69%
29%
29
90%
41%
41%
54%
57%
55
5,600
91%
90
x41%
41%
3,400
58%
58V2
1,700
541/2
55
1,400
58
54%
10
29Va
*90%
41%
571/4
54%
;57%
300
69%
29
90%
5
60
14
69%
29%
91%
28%.
41%
x57%
14
*67%
*90%
'
■
No par
:
41,1/4
28%
91
-
th*
48V2
93
V
69%
14%
69%
Bales for
$ per share
12%
43%
12%
Nopar
Kress (S H) & Co——,
Kroger Co (The)
491/4
50
share
21
44
91
100
;
*93%
*67
10
common
preferred /———
Kresge (S S) Co_
•
49%.
Friday
Aug. 12
Aug. II
9 per
$ per share
'
EXCHANGE
No par
4%
20%
>
Thursday
Aug. 10
Aug. 9
:
PRICES
Wednesday
Tuesday
v
Aug. 8
No par
Corp
AND HIGH BALK
LOW
Aug. 6
share
11% Feb
39%
STOCK
Saturday
NEW YORK STOCK
EXCHANGE
17% Jun
;
75
45% Feb
40% Nov
S per
Oct
Apr
24
c
40
Oct
]■
Highest
9 per share
.
May
51
*16%
FINANCIAL CHRONICLE
RTnrKd
Year 1948
Lowest
YORK
&
,
L
4%
Feb
Dec
Dec
4%
17
6% May
12
Apr
24
93/4 Mar
42
4% Jan
3% Jun
4
9% Jun
14
14 % May
533A May
257/a Aug
35
Jan
7
29% May
193/4 Jun
14
47
Mar
43
37
May
7% Aug 12
Laclede
6
La
10
17% Jan
Mar
Oct
5
4
Jan
Jan. 21
22% May
6
11% Jan 26
26 3A May
16% Jun
29
22% Jan
Dec
99
Jun
90 % Jan
20
98
10
Feb
13 % May
6 3A Jun
3
113/b Jan
10
Dec
33% Jun
13
40% Jan
24
Jun
3% Jun
13
5% Jan
7
39
8%
„
——
1%
Jan
19% Mar.
5%
.
3% Aug
Feb
56
8%
Dec
12
16'A
Feb
26%
43%
Dec
56%
8
3
Jan
8
13
24% Jan
12
$3 non-cum
15
8% Jan
12
50c
x413A Jun
15
8% Feb
21
Jun
20 % Feb
25
Jun
44% Jan
4
May
May
50'A Aug 11
11% May 16
x24% Mar 30
10%
Apr
6% Jun
14
38%
Jan
34% Jun
14
373/4 July 27
91
Jan
723/4 Apr
13
883A Jan
157
Oct
33
NOV
47
Nov
13%
8 3A
1743A Mar
14
33
15
13
Apr
10% Jan
8
x6% Jun
52% Jun
19
7
45%
*441/2
45%
233/4
233/4
23%
453/8
24
*44%
23%
41
40%
40%
39
39
*38%
*18%
183A
*93%
95
10
73/8
25
X39%
33/4
7%
__No par
24
No par
54
4'/8
4'A
43/8
43/8
*4%
2%
17%
pretfired
'
5%
5%
48%
491/4
24
533/4
7%
71/4
363/4
Belt
No par
56 3/4
58%
*57%
No par
22%
23
22%
23%
14%
143/4
143/8
14%
65 % Jun
14
Dec
85
Jun
Jan
24%
Jun
16 % Feb
5
Dec
20 % May
14% Jan
3
Jan
78
27
Lockheed Aircraft Corp
5
Loew's
Feb
68%
67% Jan
21
Nov
30% July
15% Jun
6
23
Jan
20
Feb
21%
19 % Jan
3
23% Aug
8
138
Nov
158
Jun
23
Nov
25
Nov
37
Dec
50
May
Feb
91
Jun
8
Jan
28
163
4
30
Aug 12
31% May 31
20% Jun
98% July
Jan
Nov
95
Jan
14
15
Jun
13
24%
Lone
14
41% Jan
25
11
July 22
983/4 May 4
21J/4 Mar 30
Cement
7%
&
Lowenstein
4%%
(M)
Range Since Jan. 1
Lowest
Highest
$ per share
$ per share
S per
9per share
58%
58%
581/2
23%
233/8
14%
14%
X14%
23%
14%
14%
*681/4
83/8
5,400
1,000
58
58
23%
22,200
14%
4,600
*681/4-
69%
69%
*68V4
19%
19%
19
193/a
183A
183A
10,900
17 5/8
18
17%
17%
17%
17%
31,100
65K
19%
23%
23%
23%
161%
161%
(Ky) No par
29%
29%
34%
35
V"
19%
233/8
-
653A
193/8
50
1
24%
100
*96%
10
NEW YORK
Highest
;
58%
.
400
40
23
:
30
178%
8%
83/8
181/8
65%
19'A
com
40
39
8%
68%
19%
& Sons Inc
39
19%
65
1
1
8%
17%
162-
*291/2
162
653/4
65%
65%
20%
20%
20%
*201/4
20%
3,000
V: 1,600
233/8
233/s
163
23%
23%
233/a
4,000
163
*293A
30
29%
30
343/4
35%
2,000
241/4
24%
2,900
97%
*183A
971/2
50
19%
1,800
162
162
•
29%
35%
24%
34%
•
;
29%
35%
35
19
*162
35
241/8
24%
24%
24%
98
971/2
97'/2
963A
96%
193A
*96 %
19 3/4
65%
193/4
•
24%
243A
98
100
69%}
23%
*65%.
•
30
343/4
,
STOCKS
Year 194H
178%
39
18%
10
Co
Range for Previous
Lowest
178%
*178
178%
•
400
3,500
68%
—No par
series A_
Steel
86%-'
19%
A—No par
Nashville
pfd
Lukens
73/8
36%
853/4
18%
(Md)
common
Gas & Elec Co
Lousville
71/4
36%
86%
69
—100
Co
preferred
Louisville
7%
363/4
85 3A
19
Corp
Lumber
(P)
7 3/8
*36%
18%
No par
Star
Long Bell
*68
_1
Inc
Lorillard
Aug 11
23% Jan
153
35% May
Dec
17
x60
Sep
new_
5
18
Jun
Co
22'A Apr
18 3/4 Aug
xl8
73/8
36%
85%
8%
58%
Oil
13%
4,600
73/8
1,000
36%.
*
4,400.!
"
10
10
85%
v
*38
Liquid Carbonic Corp com—No par
3%%
conv
preferred
100
Co
2,600
3,700
*178
Lion
7
24% *
543/8
8%
Link
Jan
400
24%
39
10
.
5%
50%
53%
178
17
5%
/«:• 49%
17%
24%
178-
23% Aug 10
5%
501/4
10%
*17%
.
54%
*37.
66% Jan
!
17%
53%
39
14
)
700
17%
24%
178
17
1,300
4,300
541/4
8
14
3,400
4%
2
24%
39
Jun
4%
4%
2
10
177
13 % Jun
——
*4%
■'
2%
50%
5
8
2,000
5%
100
•
39%
54
853A
81/4
39 3A
10
—No par
Lily Tulip Cup Corp
Lima-Hamilton
Corp
j
7,800
24%
}'■
36 3A
843/4
500
8%
8
49%
73/8
37
86
300
94%
491/8
>
54%
*36
..
10
24%
543A
•
1,200
40
*5%
•<
101/8
24%
17
17
-
2
)
43,800
19%
19
4%
2
73/8
24
*93%
4%
3%
2%
x85%
5
25
com
39%
3%
*10
7%
7
Savers Corp
Liggett & Myers Tobacco
39%
33/4
53/a
.
393A
*17
10
Corp
391/2
33/4
49 %
10
8%
2
17%
*5%
8%
3%
1
48%
18%
8%
24
94%
73/8
■.-A.'
39%
3%,
1
Corp
*18%
*93%
19
*93
7%
3 s/8
2
19
94'/2
183/4
94%
39%
1%
17
'
73/8
40
3%
1
preferred—No par
pfd_
No par
18%
*93
"
,
Jan
14%
20
*44%
453/8
*40'A
23 3/8
— «.
57%
41
Jun
Jun
May
1
*23 %
5
7%
900
*44%
(The)
178% Aug 12
10%
Dec
—
68%
Feb
70% May
55% Mar
15%
170
22
10%
23%
3
Life
Nov
Mar
10%
41
Issued
Libbey Owens Ford Glass
Libby
McNeill
&
Libby
82
Xl0%
453/8
100
com
54% Aug
8
83/4 Mar 30
31% Mar
10%
41
2nd
Stores
10%
'
3%
-
23
Lehn & Fink Products
Lerner
I !
*44%
No par
when
1st
non-cum
Lehman
1
600
7
1
com
Jun
600
21%
*3%
22
5
Lehigh Valley Coal
4% Jun
3%
21 %
11
Tire
Valley RR
Additional
3%
213A
3%
213/4
*10%
(James) & Sons Co com
3.85% cumulative preferred
Lehigh Coal & Navigation Co
Lehigh
Portland
Cement
Lehigh
7%
3%
22'A
10%
Lees
43/8 Aug 10
3
15
10% May
41%
4
1% Jun
—
43A July
26% July
Jan
6
May 24
7%
*3%
*213/4
7
103/4
Co
&
7
7%
3%
22%
6%
33/8
22%
preferred
Rubber
7%
33/8
22%
50
common
Lane-Wells
Lee
Mar 21
7
No par
No par
(The)
Bryant
4 % %
43
213/s
4% Mar
Lane
Co
May 18
26% Jan 19
90
30% Mar
Light Co
4
Consolid 6% pfd—75 Pesos Mex
Lambert
46
Dec
'
Gas
191/4
19%
19
19
.
•;
66
160
164
'
400
1
LOW AND HIGH SALE PRICES
STOCK
Saturday
Monday
Aug. 6
share
Far
Aug. 8
I per share
9 per share
Aug. 9
Thursday
Aug. 11
i
t per share
f per share
Friday
8ales for
Aug. 12
the Week
9 per share
Wednesday
Aug. 10
Tuesday
"
EXCHANGE
9 per share
Shares
M
9 % Jun
x35 %
Dec
40
Oct
142
31% Apr
Jan
129
Feb
133/8
Dec
27%
6
30
131
Jan
9% Jun
Jun
10
14
14% Mar
36% Jan
138
M
3
MacAndrews
Apr 26
15% Jan
& M Wood
9
10
Working Co
Forbes
&
preferred
G%
Mack
Trucks
5
—10
com
100
—;
5
Inc
STOCK
10%
10%
*10%
103/8
IO1/4
EXCHANGE
*33%
34%
34%
133%
133%
*132%
10%
1331/2
10%
11
*132%
103/4
10%
10%
*10%
35
*34
34%
CLOSED
103/4
*34
133i/2
10%
10%
35
*132%
103/4
132%
10%
10%
•
30% Mar
27% Jun
Dec
103%
Jun
10
Nov
153/a
22
33% Jan
95% Jan
39% May
943/a
6
100% Apr
Apr
8% July 27
6
6
13
Jan
22
xl63/8
Feb
24% May
23
20
Jan
10
9%
Feb
21
Dec
5
Jun
24
19% Jan
3
Dec
525
Apr
430
Jun
13
490
6%
103A
Nov
7
10% Jun
6% Feb
Sep
24
Dec
133/8
15%
Dec
26
Jan
15% Jun
14
5%
Feb
14%
Jun
6% Feb
10
7
Jun
Mar 25
32
18% Mar
6%
25% May
Dec
15
Dec
92%
Dec
9%
Nov
173/a
.
8
17% Jun
13
6 % Jan
13
May
8
Feb
22%
July
5001
Jan
8% Aug
8% Jan
18
Mar
8
.
12
7
17% Jan
29
24 y8
95l/2 Jan
5
Square
—
Mandel
Bros
103% Feb
Marathon
Marine
Midland
St
223/8
Apr
7y8 Jun
14
193/4
Jan
10% Feb
11
12
Apr
13% Jan
Martin
Dec
693A July
39 % Jun
13
57% Jan
Masonite
18
Dec
27% May
11 % Jun
13
19% Jan
Master
27%
Feb
45
Oct
42
Mathieson
Nov
176
Jan
170
Feb
Apr
July 19
Aug 12
353/4 Mar
473/4
38
Jun
1
46
84% Mar
93
Jun
89
Jan
4
95'/2 Aug
4
84
93
Jun
89
Jan
11
97
9
Feb
77% Aug
83/4 Dec
33
Dec
110
Apr
Jan
85
Feb
23
7% Jun
27
80
12% May
Jan
30
Jan
43%
112
110
May 25
Jan
5
Aug
83% May 25
9% Jan
7
7 %
Co
&
(Glenn
L)
$3.40
Co
Aug 12
$3
Mar 31
$6
8
*7%
17
xl6%
163/4
8%
8%
hi
6.25
5
pfd—100
X22%
22%
7%
7%
7%
7%
*16%
17%
*16%
171/8
*16%
17%
No par
23%
24%
23%
23%
23%
*99%
100%
*99%
100%
100%
Xl2%
12%
12
12%
47%
48%
49
49
10
McCall
17
29
Nov
42 3/4
29% Jun
14
24
Feb
24
41% Jan
3
35% May
98 % Jun
SO'AJan
24%
19% Feb
15
Dec
Dec
92% May
Jun
243/8
Jan
Xl3
4
37
3
100
11
16
Aug
17% Mar 11
McQuay
17% Jan
46% May
28% Jun
13
34
Jan
Jun
20 y2 Jan
3
24
Dec
20%
Dec
25
Jun
11%
Dec
19% May
7% Jun
14
Aug
13% Jan
Dec
62% May
34% Jun
30
49
12%
Jan
18%
12% Jun
14
Jun
50% May
7% Mar 21
27
95%
Jun
* Apr
28
90
Jan
3
105% May 25
17% 'Feb
27%
Jun
18
35%
Dec
44%
Jun
30% Jun
92
Nov
104% May
Nov
106%
101%
Feb
13
38%
Feb
July 27
20
11
Nov
9% Mar
42
%
Nov
Nov
87
54% Mar
Aug
36%
140
Jun
124% July 14
$3.50
$4
Mar 14
47% Jan
24
8
7
139% Mar
3
12% Jan
25
12
10% Aug
2
July
Apr
7% Jun
15
*2
43% Feb
10
53% Aug 10
98
May
87
Oct
18% July
10
Jan
4
10 % Jun
13
104
preferred
Mrci-Continent
Jan
96 % Aug
10
77% Aug 12
106
May 12
14% Jan 15
8%
Steel
3.20%
Minn
$4
conv
Min
25
$5.50
1st
19% July 11
$1.50
2nd
Feb
8%
8%
*84%
9%;
9%
35
35%
35%
112
111%
1113/4
22
22%
33
33
98
*96%
*30%
36
35%
31%
54 Vt
*30%
22%
22
36
*22
223/8
33
20
v *
36%
36
36
1,300
*
31%
*30%
31%
55
363/4
55
31%
600
55%
55%
1,700
36 %
36'%
*36%
98%
*97
983/4
96%
98
97%
200
*203/4
21V8
21
21%
20%
21 %
20%
20 3/,
1,200
t]
13%
*133/8
13%
13%
*13%
13%
400
»
13%
131/4
*13'A
133/fl
24
8%
8%
123A
233A
36%
♦95
*38
15%
*143/4
15%
*8
8
34%
34%
*95%
97
112
.
*
9
8%
37%
38
*37%
14%
*14%
34%
34%
8%
343/4
97
*95
97
113
113
113
*8
83/4:
34%
*95
112%
9
8%
:
.
120
300
100
34%
5,800
34%
34%
*95
*111%
18%
18%
18%
18
18 -
18
19%
343/4
35%
35%
35%
35%
35%
pfd.lOO
1GO
8
IOOV4
IOOV4
100'/4
100%
100 %
100%
*100%
*108%
109%
*108%
109 %
1083/4
108 3/4
*108%
12%
12%
12%
12%
12%
12%
12%
12%
12
44%
44%
X43 %
44%
41%
:
15%
*21%
129%
*127
129%
10%
No par
8%
*95%
75
No par
*105%
1
11%
common
100
25
10%
11
8%
8%
52
52%
*95%
97
75%
106
12%
-
75%
*1051/4
12%
*127
10%
8%
83/4
15%
22
129%
11,%
8%
153/4
*21%
*127
113/8
8 3/4
19
1003/4
*100%
1003/4
109%
*108%
109 %
50
12%
7,200
43%
5,300
16'/a
21,300
-16
16%
22 V :
22
129%
11%
9
*127
!
11%
8%
53
53%
53
53
52
96
96%
96
96
*96
75%
75%
♦105%
106
76%
106
750
2,100
19
35%
97
77
97
1123/4
*343/4
52%
106%
2,200
8%
35
16
8%
*8%
18
44%
300
2,900
14%
34%
43%
30
24
38%
^——5
44%
4,400
333/4
14%
*37
97
113
13
83
24
15
*8
8%
13
83
*33
38%
143/4
41%
77
106
77
*10534
22
900
280
1,500
129%
11 %
8%
2,100
2,900
2,600
53
96%
180
77%
2,100
107
''
50
6,300
12%
12%
12%
12%
12%
12%
123/a
703/4
71%
70%
71
70%
71
420
18%
18%
18%
183/4
19%
500
*70%
71%
*70 %
71%
*18%
19%
*18%
19%
■
•
~
83
8%
8%
38
111
10%
600
37
*96%
21%
*95
52
36%
*36%
98%'
111
*127
2,000
"-•"31%
55
23%
34%
22%
*
*36%
24
8
<
600
36
24
*14%
10
98
24
8%
.V?
112%
323/4
24
38
700
36
\
98
33%
100
,
-4
2,700
33
33%
23%
,
98
33%
12%
a
*111%
9%
32%
*33
pfd series A
•
'
.
87
*96%
33%
3
' v
90
33
33%
com
30
98
55
54%
21%
preferred
9
34 3A
15%
conv
83/4
87
*84%
•'IIO1/2
21
preferred
87
34
16%
Minneapolis-Moline Co
80
21
*84%
85
20%
Mfg common
preferred
15
97
16
&
16
•4
46
96
20%
Marie
)'i
45
*94
*95
43%
SS
4,700
45%
97
33%
—100
A
96
*32%
;
:•
10
*95
13
50o
1.200
7,200
*94
*80 :
No par
I
133/B
38%
x45 %
13
3%
'
'
176
176
i
<
500
97
83
1
1,900
1,900
45%
*80
No par
&
383/8
8%
12%
48 Va
95%
123/4
1
V
.
13%
13%
383/4
81
No par
P
48
179
12%
Minn
St
*123/8
45
10
Minn-Honeywell 'Regul
13%
38%
*176
79
preferred—
Minneap & St Louis Ry_—
16 % Jun
>-
Petroleum
8%
9
'
!
30
100
100
95%
*96
97
Utilities Inc„..No par
Prod com new
5
1st
67 y2 Jun
footnote*
3.90%
series
Copper
Middle South
May
66% Jun
4.35%
Miami
9
12%
&' Scott—No par
Co_—
102
79
common
Metropolitan Edison
Midland
4
14
78
Machine
*100
13%
Inc
Transp Co
4,900
*77%
No par
preferred
2nd preferred——No par
16% July 12
May
Co
40
233/4
—10
—50
i
17%
23%
No par
ICO
50
Co__
conv
23
56%
7
Min
Merck & Co Inc
7
9
16'
Mar
&
Merritt-Chapman
14% Jan
6
Merch
Stores
Mesta
110% Feb
14
8
Mercantile
20
102
14
20
Mfg
26
3
37% Jun
8
8
22
Norris
13%
3,900
7%
*17%
123/4
381/2
7%
7%
48%
178%
ji
17%
48%
38
1,600
233/4
*12%
*176
35 3/8
37
*97%
Corp common—
pfd (1st series).:
4% 2nd pfd (1st series)
Melville Shoe Corp
Mengel Co (The)
common
5% conv 1st preferred
38% Jan
3
10% Mar
•
18
—.—1
r
21%
17%
12%
*13
13%
32%
55%
4%%
23% Jan
14
May,
105% Jun
98%
34% Aug
96% Jun
113
8% Jun
18 % Jun
Dec
8% Jan
106 y2 Jan
97% Jan
12
15% July 25
Dec
14 y» Jun
128
Jan
19% May
69% May
15
'
47
Nov
30%
Co____
5,800
23%
48%
373/4
*96%
98
55
9
•/ *7%
i;
112
22%
22
32%
31
Mead
Aug 12
Jun
22
32%
—Np par
preferred
83
31%
85%
No par
9%
21%
22%
*33%
35%
Mines
7%
22%
*110%
34%
351/4
McKesson & Robbins Inc com
$4
8%
112
—1
Publishing
Porcupine
*83%
8%
*96%
Electric Co
McLellan-Stores
12% July 14
96 %
*33'/4
*110%
8%
85
No par
1
ICO
Corp
70% May 25
23% May
80 % Mar
8% NOV
8
July 20
22 % Mar 30
*83%
No par
McCrory Stores Corp com
3 % % conv preferred
8
'
No par
No par
No par
-
v
22%
178%
45%
97
8%
12%
96%
97
8%
X48%
45%
Jan
Feb
13%
37%
*176
9
8%
*94%
33% Feb
Dec
13%
37%
178
100%
45%
98
Jan
8%
8%
18,800
24
95%
4
18%
153/4
22%
44%
Jan
29%
13%
9
22%
95%
19% Mar 22
87
8%
22%
*95'/a
90
Mclntyre
7%
8%
hi
8%
hi
5
No par
common
—;
30% Mar 23
34
Apr 21
55% May 14
%
*7%
8
1947 series—No par
Jan
May
52% May
500
5,200
8%
*16%
37
36% May
Jun
Dec
'
8%
8
*175
101%
41
8%
>3,700 n
100 '
'
450
17
preference
McGraw-Hill
»
1,200
*430
*7%
1
Jan
31
*8 3/„
600
13,900
*16%
1C0
Dec
233/4 Mar
8%
8%
450
93/8
8
Corp—_No par
Feb
McGraw
r
8%
*430
12%
83/4
17
^
88
36% Mar 30
8%
450
*430
12%
8%
Co
25
Jan
"
:
83/4
*7%
common
cum
9%
1
i.
9,000
4.
31%
*16%
Co
preferred
1st
8%
\
99%
8%
pfd—
cum
123/4
8%
450
*430
8%
123/4
8%
v
30
.
83>4
16%
com
Chemical
$3.75 cum pfd
36
Aug 12
8%
123/4
83/4
i
31%
*98%
8%
preferred
Maytag
450
*430
12%
8%
123/4
*7%
Corp
Electric
May Dept Stores
$3.75 preferred
112
25
8%
99%
No par
No par
prior
21
41 %
12%
8%
31%
8%
*99
100
1
Corp
6%
Ry
Martin-Parry Corp
176
12%
8
31%
*98 %
8%
30%
.
9
16%
preferred
Feb
15
*12%
31%
99%
8%
31
99%
hi
Corp
11%
X165
8%
1
4%%
Feb
30%
99%
8%
5
Rights
47%
34% July 12
30%
99%
10%,
1
Oil Exploration
Marshall Field
Aug
30%
*98%
8%
1.000
200
133%
No par
—
Shirt
Manhattan
Maracaibo
Market
May 14
16% Mar 18
29% May
103% Jun
8
10% Apr 29
hi July 15
x22% Aug
8
19% Apr
Sep
12
No par
—100
Garden——No par
Magma Copper
10
Magnavox
Co
(The)
1'
Mahoning Coal RR Co
50
Manati Sugar Co
>
1
Macy (R H) Co Inc com
4%% pfd series A
Madison
10%
35
*34
133%
,
*18%
THE
(608)
20
COMMERCIAL
york
new
STOCKS
luft for Pmi#u
Renfe Since Jan. 1
Ye»r 1848
Lowest
9 per thare
73%
Feb
54% Jan
8
4
13%
14
13
9% May
3% Jun
13
6
July
15% Jun
14
Jan
25% Mar 30
■%/
Par
1%
34
Dec
44
j
Jan
25
Jun
8
15%
Jun
9
Jun
13
22%
Dec
21% Jan
4
45 %
not
29% July
61% May
45% Jan
4
24% May 16
65% Mar 30
May
101% Jun
14
111% Mar 29
Apr
103% Jun
16
111% Jan
Jan
4
12% July 22
pfd series A
61 conv pfd series B
Montana-Dakota Utilities
47% Jun 13
69% Mar 29
Montgomery Ward Si Co
"
98% Dec
..
122
105% Mar
9%
112%
Dec
10%
10
Oct
preferred
Mohawk
8
series
Carpet
A
$3.25
13
10
Dec
17% May
10% Jan
3
20
Not
27
Jan
16% Jun
29
Dec
14
Jun
6
20% Jan 20
Motorola
16% Jun
6
25 % Jan
15% Jun
14
11% Jan
21%
20%
Jan
29% May
19
13% Apr
6
23
7
Jan
Moore-McCormack
Morreil
7
Dec
23
May
19% Mar 30
Motor
Deo
24
Jun
11% Jun
1
17% Jan
8
Mueller
13%
Not
16%
Oct
x9% Jun
13
14% Jan
7
Jan
7
45% Aug
1
10
Dec
14%
9% May 31
Oct
33%
Feb
45
May
107%
Jan
112
Jun
109
38% Feb
17
13% Jan
6
12%
Sep
17
Jan
10
34
Dec
43
Jun
30% Mar 22
37% July 12
50
Deo
55%
Jan
41
51
14% Mar
21%
Jun
10% jun 14
14
Jun
July
10%
24
9 per thare
9
9
9
4%
4%
4%
43/8
4
4%
3,600
4,600
7,600
45%
44%
45
19%
20
19%
20%
18,600
29%
30
30
20%
30%
19%
29%
29%
29%
800
10%
10%
*10%
1034
10%
10%
10%
10%
*23%
23%
*233/8
23%
♦23
23%
543/4
543/8
54%
54
54%
19
19%
*29
100
54%
4,100
109%
109%
*110
112
*110
112
♦110
111
*110
112
111
111
*110
111
111
111
111
111
*108
111
54%
S
12%
12%
12%
12%
12%
12%
12%
12%
*123/8
No pax
53%
54
53%
54 Va
53%
54
53%
53%
52%
•
12
12
600
12%
11%
12 Va
12%
12%
12%
12%
12%
18%
18%,,
*18%
19%
*18%
19%
♦18%
19
173/«
17%
17%
18
18%
18%
19%
18%
*18%
16%
18%
18
No par
20%
20%
20
20
19%
19%
19%
19%
*19%
20
■
17%
18%
181/4
18%
*18%
1
13%
133/s
lj*/4
13%
*1378
1
10%
10%
10%
10%
10%
Corp
Brass
Co
5
10
10
"9%
45%
45 Va
45%
453/8
110%
110%
*110%
111%
10
13
13%
13
13 Va
*37
38%
37
37
Myers
No pa*
7
Kash-Kelvlnator
6c Bros
*42
43%
42%
42%
2,500
1,100
18%
18%
18%
18%
13',8
13%
14
13%
13%
1,700
10%
10%
10%
10%
4,100
*9%
45%
110 %
10
*9%
10
1,800
400
45%
X44%
44%
*110%
111%
*110%
110%
60
13%
45
13%
37%
*37
13%
37%
*42
43%
43
123/4
2,500
100
43
*37
43
1,600
37%
12%
13
*37
43
1,900
200
%
10%
10
45
110%
12%
4,000
10,800
18%
.
*9%
-
1
50
8
(F E)
93/4
\
100
preferred
Jan
100
53
No par
Co
400
23%
•23
No par
No par
Co
Sharee
8%
54
Lines
Si
15% Jan
1
193/4
29
10%
>
9
45%
53%
Inc
Wheel
4%
19 %
29
24
CLOSED
45
8%
45
5
x53%
Mfg Corp
Munslngwear Inc
Murphy Co. (G C) common
4%% preferred
Murray Corp of America com
112% Mar 17
May 17
STOCK
EXCHANGE
Bales for
the Week
5
Mullins
11
4%
Aug. 11
9 per thare
3
(John)
15%
4
com
Motor Products Corp
May
4
No par
conv
65
8%
4
9 per thare
4534
8%
1.25
Co
47% Mar
45%
8%
20
Hosiery Co Inc
Monarch Machine Tool
Chemical
I per thare
46
8%
100
Mills
Mojud
Monsanto
9 per share
45%
No par
Feb
20
vv
Friday
Aug. 12
Thursday
Aug. 10
Aug. 9
5
Feb
Jan
9 per thare
Wednesday
Tuesday
Aug. 8
10
9
11% Jan
Monday v
Aug. 6
*33%
35
Monday, August 15, 1949
record
Saturday
Corp
Mission Development Co
Mo-Kan-Texas RR com
7
Jun
■
stock
CHRONICLE
LOW AND HIGH SALE PRICES
STOCK
Mission
5
9% July
Feb
38% Jun
7% Jun
'
:■ ;v
FINANCIAL
?
EXCHANGE
9 per thare
9 per ihare
9 per share
42%
NEW YORK
Highest
Lowest
High eat
&
500
14,800
n
20
Feb
32%
Sep
22
Jun
13
28
18
Dec
29
Jan
17% Jun
14
23% Apr 11
9% Apr
4
4%
Sep
8%
10% May
13% July
Jan
3
9 Va Jun
13
17% Mar
103/sJun
13
45
28
Jun
14
30% Jan
3
Feb
9%
not
29
Mar
5
July
26%
Feb
82%
Oct
162%
Oct
176%
Jun
5% Not
32%
9% May
Dec
6
48
Feb
9%
170 % Mar 15
Dec
4% Jun
13
30% Jun
Jun
5% Jun
National
1%
National
Container
National
National
Dairy
National
Department
Distillers
14%
21
May
13% Feb
14
17% Not
22% May
12%
14%
7
Jun
169% Jan
4
179
Not
147%
Apr
135
4
Dec
7%
Feb
148% Mar 9
6% July 27
15%
Feb
24%
A
19%
Dec
1
Jan
x3/a Jun
15
Not
25
May
19% Jan
21
22
13
Jan
5% Mar 10
14
jun
Jun
13
15
4
16%
17
17
17
17
No par
19%
19%
19 5/e
19%
193/4
20
20
7%
7%
7%
7%
7%
7
Natl
Power
National
&
Lt
ex-dist
21% Feb 28
24 3/a
153/b Feb
11
July 25
19'A May 16
15
86
National Supply (The)
4%%
preferred
30% May
15% May
21 Vb Jan
4
9% Jun
13
93/4 Jun
20
Jan
9 Va Jan
3
13% Mar 30
Nehi
19
May
123/4 Jun
10
14 % Mar 17
Nelsner
104
Jan
xlOl % Jan
12
8%
Not
12%
Not
19%
100
Feb
*27% Mar
87
.
-
Feb
24
30% Aug 10
12% Apr 20
11% Apr
2
9
12% Not
85
Jan
29
May
38% Jan
.
Mar 28
93% Jan
3
103% Aug
34 % Aug
National
Natl
2
\
8
38
Jan
99
Aug
94
Jury
26% May
Deo
70
f nrr
12%
Feb
12%
42
64
Not
90%
Jun
sthare
Jun
14
69% Jan
9'/a Feb
25
13% Jan
65
Apr 30
Oct
23% Jun
14
24% Jun
14
12%
Dec
18% July
9% Jun
13
72% Jan 27
Apr 12
33% Jan 12
13% Jan
7
July
July
Jun
6
81
13
140
Apr
10 v- Jun
20
27
Jun
20 % Jun
5
56
Mar
49% Jan
61
Jun
48
Feb
14
59
255
Mar
225
Feb
10
250
6% Mar
14%
jun
5% Jun
20%
Feb
39% July
21
88
Not
96
14%
Feb
19%
Oct
88
Jun
86
20
Dec
25%
Jun
83%
Jan
3%
Dec
Apr
7% May
10% Mar
14%
15,000
83%
83%
83%
70
83%
*83%
24%
30
30Va
30%
30
30
30
30
X29 %
29 Va
2,400
10%
10%
10%
10%
10%
10%
103/4
10%
*10%
11 Va
500
11
11 Va
10%
11
10%
10%
*10%
10%
10%
1,400
10%
103/4
10%
10%
10%
10%
10%
10%
10%
1,600
13%
133/4
133/8
13%
*13%
13%
13%
13%
*13%
133/4
900
100
*102%
104%
*102%
104 %
*102%
104 Va
*102%
104%
102%
102 Va
20
34%
34%
34%
34%
34%
34
34%
*33%
34%
700
99%
99%
*99%
100%
10
common.Nopar
100
34
♦98%
100
*98%
100
*98%
100
11
"
98
9%
STOCK
EXCHANGE
CLOSED
99%
53
52%
533/4
52%
523/,
523/4
10 Va
11%
11
11 Va
11
11%
11%
54%
11%
67%
*67
♦67
99%
28%
29
27
27 %
10%
11%
69%
71%
129 %
129%
28%
*27
10%
70%
130
67%
$3.75
3
10
28%
28
28
2,100
27%
27
27
800
11
25,000
74
18,700
10%
11
76
10%
11
73%
131
74%
132
*130
74%
*130
11
74%
132
3
Noma
Norfolk
North
7
Central
Natural
Northern
Pacific
98
97
97%
96%
96%
97
17%
18
18
18
18
18
18
*92%
933/4
l.So
*19%
20
i
7%
If
7%
233/i
233/4
20
Gas
27 %
17
173/b
1
Co
Co
50%
*27
lo
Ry
X50
38
com
9
9Va
80
10
Ry
100
*77 Va
Common
19%
7%
73/4
73/4
233/8
23%
*23
933/4
*19V4
*92'A
933/4
19%
19%
*73/4
1,000
7%
2,400
20
7%
23
23
7%
*23
50%
30
23%
700
50 3/a
3,700
50%
50%
50 %
50
50%
27 Va
27%
27%
*27
273/4
17
17%
17%
17%
17%
17%
17%
17 Va
16,900
9
9 Va
9Va
9 3/a
9%
9%
9%
9%
21,200
50
*27%
*27
273/4
100
79
79
79
35%
35 Va
35Va
6,100
143/4
14%
14%
14V4
14%
12,200
10 3/a
10%
10%
10%
10 3/8
10 Va
10
10%
10
10 Va
28,200
94
108
*34 Va
2.80
20
14%
80
No par
Co
933/4
*92%
20
35%
18%
Rubber
7%
23
93%
14%
2V
preferred
Northwestern Telegraph
193/4
35%
11
common
*92%
78
10%
&
93%
470
1,300
14 3/a
10
Tire
18
78
1073/4
Pharmacal
*17%
34%
No par
INorwalk
18
35%
preferred
Norwich
2,600
97%
14 3/a
—.No par
No par
4.6%
3
4,700
*96%
35
79
preferred
Northwest Airlines Inc
4% Jan 11
7%
27%
97
7%
35%
$4.80
11% July 22
19% July 25
36
Jan
4
245
27%
14Va
35
$3.60
109 Va Mar 22
Aug
*96%
Northern States Pwr Co cMinn)—
10% May 13
94% Aug 11
13
pfd_100
Aviation
Northern
*230
7%
27%
Co
Northern
7
245
27%
preferred
18
56%
7%
100
American
*51
12
Corp—
Western Ry
American
800
59
27%
Industries
Adjustment
North
Feb
&
900
200
7%
7
130%
25
27%
Electric Corp..
Chemical Co
Nopco
.
10%
72%
130%
*21%
273/4
7
*67
12
27
preferred
Noblltt-Sparks
50
67%
♦230
Jan
67%
67%
X28%
x27%
245
93% Aug
5,800
27%
*230
Elec & Gas
11%
29
27
.1
3,100
11%
27%
6%
Shipbldg Corp partic stock
10
53%
29
245
Light 3.90%
6,600
53%
*67
26%
6%
Sharee
27%
100
6%
10
98%
67"%
Co.100
A
9%
*97
28%
*230
series
17% Jan
15
98
10
245
5%
36 % Mar 17
Jun
99%
*230
85
1% May 21
11% Mar 2
9%
10
52%
100
Co
Haven & Hart RR
Preferred
13
32
9%
10%
*97%
50
N Y New
RR
14
Jun
the Week
*97%
100
preferred
Harlem
Jan
6
Sale* for
9 perthare
*51
75% July 22
14
Friday
Aug. 12
I per thare
58
6b
11% Jan
Jun
No par
com
common
11% Jun
7
No par
10%
9 per thare
*55
non-cum
Y
20% July 19
13% Jun
9%
♦97%
Aug. JO
Aug. 9
Thursday
Aug. 11
Wednesday
Tuesday
I per share
58
$5
N
9
N Y
15
9 per share
*55
21
107% Feb
$ per thare
58
Mar
7
Apr 29
Aug. 8
♦52
31
84
Monday
Aug. 6
No par
Apr 23
19% Apr
3
i LOW AND HIGH SALE PRICES
Saturday
24%
N Y Power &
8% Jun
40%
500
18
*83%
*21
9
15% Jan
27% May
24
17%
24%
97% Aug
Mar
jun
17% Mar
Not
82%
23%
*223/4
21
8% Feb 28
16
81%
18%
10%
...
Brake
Dock
21
25
Jan
13% May
Dec
82%
23%
18
23%
20
109%
82%
23%
18%
23%
28 % Jan
Oct
82%
23
26
8% Nov
1,300
3,100
23%
23
Jan
103%
6,500
17%
No par
28%
Mar
600
%
21
82
12
10
90
17%
iV
23%
*11%
Mar 24
Aug
17%
*20%
173/4
11%
Jan
78
1,800
82
11%
28
36% Jun
27% Jun
80
6%
24
11%
14/
Feb
10
146%
81%
11%
59% Jan
Deo
4,200
*23 V2
11%
21% Jun
16%
30
32%
180
*6%
%
11%
49% Jun
25%
17%
21
No par
Jan
Jun
83
6,900
146%
634
York
Nov
17%
148
City Omnibus Corp
86%
93
83
32%
*179
New
62%
Jan
32%
N Y
Dec
8
14%
94
6
Feb
82% Mar
14%
94
%
*20%
2,300
14%
8
23
Aug
%
20%
8
94
14 % Jan
55
14% Mar
39,700
26% May
9% Jan
16% May
6% Jun
17% July
20%
*7%
No par
1
common
York Central...;
N Y Chic & St Louis Co
6% preferred series A
N Y State
Dec
20%
8
10
Inc
Air
33% Jan
4
15% Feb
Jan
25
York
13
Jun
81
13%
3,900
No par
14
91% Jan
jun
17 Va
_1
New
Jan 21
23%
New
Jan 21
117'/8 Jun
20
Jan
i7*
20%
83
England Elec System
1
Jersey Pr& Lt Co 4% pfd_100
Newmont Mining Corp
10
Newport Industries common
1
4%% preferred
100
Newport News Ship & Dry Dock_.l
35
11% Mar
200
*17%
%
20%
17
New
10
Jun
92
8,700
17
6%
i7*
16%
*82
34%
*10
179
*146%
6%
17%
17%
32%
20%
823/4
New
8
34%
144
17%
17%
14%
179
147
6%
1,500
34%
20 %
%
24
Par
99% July 29
43%
Feb
17%
146 3/4
6 3/a
10 Va
*734
20%
•?«
16%
9 per thare
Mar 21
Feb
Feb
173/4
179
7%
6%
17%
*92%
32 3/a
32%
♦178
6%
82
EXCHANGE
10% May 17
Not
'
148
6%
24
NEW YORK STOCK
3
8% Jan
31
39
*1463/4
63/4
20^/8
lo
Co
Co
Bros
Highest
20%
121
179
146%
14%
94
*92%
32%
*178
63/4
—100
STOCKS
Lowest
I per' hrtre
90% Mar
32 Vb
179
7%
14%
14%
94
28
Fibre
preferred
Newberry Co (J J)
3%% preferred
Range SInee Jan. 1
Highest
Not
32%
6%
V"
Year 1848
9 per share
*92%
No par
Pa com
Corp
y*anf® for Prerloua
Lowest
14 Va
14%
94
146%
No par
Co
43A%
8
May
Tea
Vulcanized
Natomas
4
100
*178
No par
Shares
73 Va Jun
Dec
32%
lOo
Oct
not
*92%
10
common
preferred A
Jan
10%
14%
No par
July
21
X6%
16%
25 %
Jan
73/4
7%
6%
163/4
25%
X80 % Jun
14,100
7%
7 3/8
1
Not
Jan
6%
73/a
34 Va
not
94
8 Va
1,200
15,700
33%
16%
not
7,700
34%
6% preferred B
100
National Linen Service Corp
—1
Nati Malleable & Steel Cast.Nopar
10
91% Jan
5%
34 %
34
20
114%
5%
34 Va
34%
Corp
National Steel Corp
National Sugar Ref Co
80 %
5%
34%
333/4
7%
19% Jan 21
Jan
5%
34%
34%
Prod
80
5%
33 %
Stores
184
34%
No par
Products
35 Va
5%
10
4
M Jan
12,000
12%
*181%
10
$4.50 preferred
National Lead Co
33% Jan 21
Aug
700
35%
353/8
184
10
14
177
3,100
10
xll% Jun
Oct
12%
37%
6%
Jun
Feb
5,000
12%
37%
Enameling & Stamping_„_12.5G
National Gypsum Co com
1
25
16% Jan
34%
*181%
12%
13%
10%
National
95
123/4
190
343/a
5%
35
7%
7%
37
6%
Nat
86% May 13
25% Apr 14
*34%
35%
3,600
37
*12%
184
*181 Va
7%
10%
14% Feb
Jun
5 Va
5%
343/4
35%
182
123/4
1,10C
*7%
6%
20% Aug 11
96% May
13
37%
213/s
7%
21%
10 %
13
38
12%
37
26
21%
6 Va
13
Oct
12%
12%
37
14
25%
X9%
7% Jun
Jan
12%
12%
7%
12 Va
181%
35
7%
__
Co
8
8
13%
25 Va
1
17% Jun
85
81% Mar
35
21%
8
34%
35%
5%
No par
1
*25%
21%
12%
182
14%
25%
21%
37
,
14
253/4
21%
1
Deo
29%
5%
343/4
*181 %
Cylinder Oas Co
34% Aug 12
17% Aug 11
130
12%
37 %
14'/a
26%
7%
12%
12%
10
8
Jan
14
8
37 %
10
Corp:
Register
National City Lines Inc..
11
9% Jan
10
162
Cash
12
27% Feb
20%
Can
Xl2 %
100
common
13
Jun
Sep
Co
13
82
15
1
Inc
8
1
Jun
5
24% Mar
Dec
Biscuit
National
213/a
21%
.4
9'/a Jun
Jan
14% Aug
Dec
Fibres
preferred
National
35% Aug >5
8% Aug 12
*25%
21
1
Airlines
National
143/8
253/4
1
14
14 Va
14
25%
100
National Aviation Corp
National Battery Co
182% July 25
7% Mar 29
13
g
Louis
National Automotive
4
13% Apr
4
37% Aug
8
353/a Aug8
'6
9% May
13%
10% Mar
12% Aug
,
Corp
Nashville Chatt & St
National Acme Co
21
Jan
93
1%
*77%
79
-
94
*77%
93%
94
80
960
93%
93
93
93%
108i/4
108
108
108 3/a
108 3/a
107%
94%
10734
10%
11
10%
11%
10 3/4
11 Va
10%
10%
7,400
19 Va
18%
19
18 3/a
19
18%
18%
18%
18%
3,500
35%
*34%
35 %
*34%
1%
35%
•1%
20
13/4
35%
1%
351/4
1%
2 Va
300
12%
♦12%
13
13
12%
12%
35%
*34%
*
1%
1%
13
13
1V8
12%
108
13
300
900
o
88% Dee
$4%
Jun
92%
Jan
103
26%
Feb
43
Jun
16%
Apr
18%
Jan
22%
Feb
92
Jun
36% July
*109% July
Mar
6%
97% .few
Dec
12%
Apr
1
33
May 18
273/4 July 26
29
Aug 11
,
J
da -,4
23% May 31
17% Jan
8
20
Jun
14
91% July 26
6% Feb 11
88
Dec
100
Jan
20
Jan
25
Jun
37%
Jun
28
Jun
13
Jan
148
Jan
15
27
Jan
144%
Not
15%
154
Nov
80
Deo
23
11%
Jan
Feb
2
1
16% Jan
28
15% May
11% Mar 29
May
.."3
adt
52
.
43% May
footnote*
30
74
28%
27%
.*18%
18%
18%
1834
18%
18%
*18%
25%
24%
24%
24%
243/4
24%
24%
24 %
92
92
92%
92%
92%
93%
93%
Jan
58% Jan
14
24
preferred
(The) common
Collins
Elevator
.
-'Outlet
Co
common
:
Owens-Illinois
:
Jan
7
T
Pacific
<;
10% Jan
18
Pacific
Aug
9
71
Apr
4
Jun
16
40
Jan
17
1st
rV-,
Glass
,....
Co
Amer Fisheries Inc
Coast Co common
preferred
2nd preferred
100
28
*18%
25
*91
8
7%
A_100
*81%
10
preferred
6%
preferred
Outboard Marine & Mfg
24
79
15
For
Oppenhelm
Otis
Aug 11
7
in
27%
18%
20
No par
convertible
34
158% Jun
64% July
Dec
103%
28%
7
Corp
13,SCO
103%
No par
pfd
common
convertible
28%
28%
103%
Jan
8%
220
28%
99
Omnibus
59,600
30%
2 8 3/8
103%
Co
8% Jun
3
90% Jan 10
22% Jan
7
9C0
28%
1041/4
*29%
30
28%
Oliver
Corp
20%
28%
*103%
30%
28%
103 %
Oklahoma Oas & Elec 4%
11% Jun
Sep
Oil
30%
30
.—100
7
4%%
a
distributed"....
7
49 Va Jan
8%
Feb
Ohio
common.
preferred
Jan
Feb
3
4.40%
19% Mar
Jan
60%
84%
'
Co
"when
31%
89
-
Edison
Common
104% Mar 25
33% Jan
7
73%
Dec
47%
79% July 13
18% Aug 10
Ohio
*18%
No par
32%
__ioo
*150
7%
83
19
32%
152%
7%
83
7%
83
303/a
*29%
28%
104
28 3/8
7%
7%
84
*82 %
*29%
28%
*103%
28
7%
84
29
104%
28%
7%
,84
*18%
19 %
18%
19
19%
19%
323/4
33%
333/8
33%
33%
34
151%
151%
152%
150
150
152%
2.50
*13%
14%
*13%
14%
14%
*13%
14%
wo par
*64%
67
*64%
67
67
67
*67
70
12.10
57%
57%
57%
57%
5
10
12%
8%
57%
12%
8%
57
12%
8%
12%
8%
*13%
12%
*8%
,
12%
8%
56%
12%
*8%
57%
12%
8%
28
*93
7%
84
19
2434
300
2,800
94%
130
7%
1,800
84
80
•18%
19%
600
33%
33%
6,500
152%
152%
140
13 Va
300
13%
*67
56%
13
*8%
70
10
57
3,800
13
1,500
8%
non-cum
No par
*51
54
52
52
*51
53
*51
53
*51
53
non-cum
No par
*29
30
*29
30
*29%
30
*29 Va
297/a
*29 Va
297/a
40
10
Volume
170
Number 4829
THE
COMMERCIAL
NEW
B»b|* for Previous
Lowest
8 per share
21% ju&
36ft Jan
Nov
47ft Mar
Lowest
I per share
55% July
f 44 ft July
18
30% Jan
50
21
Jun
14
Deo
104ft
Jun
89
Feb
147
Mar
135;
Jan
S
6ft
Nov
Nov
Apr
62% May
5% May
Dec
8ft
f lift May
21ft Jun
3 ft Jun
8
Jan
3
12 *
Jun
Oct
49 ft Jan
S
92
Oct
100
May
95ft Jun
I per share
11%
Jun
4
Packard
10% Apr
5 ;
Pan
16
-
5
3
59 ft Apr
5ft Jun 13
1
;lo
Motor
Car
Corp
27
8ft Apr 16
Dec
28
May
15 ft Jun
14
Jan
105
Jun
102 ft Feb
8
104 ft Jan
7
18ft
Feb
18 ft Jun
14
24% Feb
3
Paramount
2
26% May
19% Aug. 11
Feb
51
24 ft
May
37
7
21ft July
Nov
42 ft Mar 30
9
2% Feb 28
24 ft Jan
30%
Jun
3
2
23% Mar
30
10
May
16%
Jun
Feb
Parker
15
26% Aug
7% Jan
3
Jun
7
Parmelee
3
14 ft Jan
18
2
Jan
4
10
16'
Jun
8
1
19% Jan
27
Deo
37
Jan
27% Jan 31
38 ft
49%
Jun
42 ft Jan
9%
Dec
Jan
7ft Jun
14
15 ft
Feb
21% Nov
27
Deo
34 ft
17% Feb
23% Jun
6
109 ft
Oct
16%
Dec
16 ft
Dec
35 ft
15%
Dec
112
May
Jan
20 ft
July
22 ft May
48
Apr
106,
Jun
16
111;
20'
17% Jan
13
Apr
104
Dec
45%
Jan
29
Feb
99
Oct
Nov
Nov
22
Deo
98 ft
20ft May
24ft Jan
Oct
30ft
104
Jan
May
Mar 28
Jan
111
96 ft Feb
7
9% Jun
14
Feb
17% Jun
Feb
20 ft
Dec
64% July
40 ft Jun
6
40 ft
Feb
59
36ftJun
7
48 ft
Deo
93
55
Dec
20ft
Deo
May
104% May
24% Jun
22
Nov
104
Jan
25% Sep
115ft Jun
91
Jan
103%
Jun
HI
Jun
103%
Sep
3
*48% Mar 30
90 ft Mar 24
54""
103ft
Jan
113
Sep
80 ft
15ft
Dec
93
Jun
22 3/s
213/s
25 ft
25 ft
*24%
July 11
lo
j,..
7,100
15 ft
15
15 ft
15
153/8
14%
15'A
15%
153/s
ft;
20,200
41%
*41ft
41
41%
41
37
*
87% May 11
51% Jun 14
8 ft
July 13
92 ft
*9
10ft
24 ft
112 ft
112%
*8ft
10
93/4 f 10
t
24 fix 24'
104
5
9%
24 f " :24
♦1033/4
104 ft
•
9ft
*83/4
ft
23%
*104
105
104 ft
lift
11%
11ft
11%
11%
11%
11%
31
31ft
31ft
31ft
31%
31ft
31
48
48 ft
483/4
49
483/4
49
49
49
48
483/4
44%
453/8
44'/b
45%
44
44%
44%
443/8
443/4
55 ft
55 ft
55 ft
55 ft
101ft
1023/g
102%
1013/4
1013/4
22%
22 ft
22%
22 %
55
55
101ft
No par
No par
com
223/4
♦24%
24%
108%
♦109
14 ft
14
14
13%
141/4
141/b
143/a
14%
14%
28%
28 ft
283/4
283/a
28%
283/a
29
273/4
♦82ft
*82 ft
85
*82 »/2
5
85
46 ft
*82 Mi
100
*92
93 ft
No par
*103/4
lift
100
*873/4
57 ft
♦8 ft
85
♦82ft
453/a
447b
45
*101
104
•101
104
44 ft
45%
102
;• 103
*92ft
94 ft
♦92ft
94 ft
*92 ft
lift it ll ft
♦lift
12
*11'A
113/4
•11
89
*87%
89
♦873/4
9ft
*873/4
57
*873/4
89
'
ft
573/8
573/4
93/8
*8%
9ft
57
*8 ft
57
*8%
57%
*8%
9%
f per share
26
Jun
NEW YORK
Highest
32ft Jan 24
1003/4 Jan
5
100 ft Jun
22
105 ft Apr
4
100ft Jun 22
3
14 ft Mar 14
79
Jan
Saturday
Par
Plllsbury Mills Ino
$4
$ per share
preferred
29 ft
No par
RR
Pitts Coke 8c Chem Co
100
No par
EXCHANGE
No par
com
CLOSED
$ per share
*30%
31
31%
104 ft
*90
123/4
104
104
105
104'/2
*90
13%
13%
133/a
13
30 ft
31ft
103
*90
105
13
13
13
*82
84
*102 ft
103
105
*103
*90
*30 ft
;
83
83
83
Pitts Consolidation Coal Co
1
29
29
28 3/4'
28%
28%
29
28%
28%
28 ft
13
13
13%
13%
13%
133/a
13%
13%
13
2
155
26
145
Aug 10
169
Apr
July
Jan
Feb
156 ft Jun
28
170
Jan
28
Dec
39ft
Jun
283/4 Jun
13
35 Ys Jan
21
Nov
10
Jan
6 3/4 Jun
13
8% Jan
7
26 ft
161
Deo
Oct
July
46 ft July
9% May
12 ft
142
7% Jun
135
14
7
175
21
88
60 ft Aug
4
141/2 Jun
15
136
Aug 12
Xl9% Jun 14
July
8% Feb
24
33
Jan
70% May
36 ft Feb
11
29 ft
Feb
46
32
lift
Dec
12ft
Jan
Jun
16% May
14 ft July
15ft Jan
Apr
65 ft Jun
Mar
3
8% Jun 14
12% Apr 21
7
$5
convertible
7ft
gtd
preferred
7ft
Jan
71% Jan 27
preferred
class
160
34 ft
343A
34%
34 ft
No par
7%
7ft
7%
73/a
7%
71/4
No par
9
100
*140
Pittsburgh Young A Ash pfd
Pitts ton Co (The)
Apr
4
Pond Creek Pocahontas
12% Mar 30
Poor A Co class B
14 ft Jan
Potomac
...
8
Electric
5%
Nov
11% May
Nov
35 ft
621%
Feb
71% Jan
57 ft Feb
26
683/a Aug 12
18
Feb
14 ft Jun
14
22
Publlcker
81
Mar
28% May
94
Apr
85
Jan
14
90 ft Mar 17
39% July
24% Jun
38 >
Jan
3
43 ft May 18
Public Service
20ft Jan
3
24
Pub Serv El A Gas
May
25% Jun
13
28% Aug
Jan
30 ft Feb
25
37
May
108ft Sep
24% Jun
14
32 ft Apr.
32ft
Jan
20
Dec
25
Dec
30 ft
32 ft
Nov
53
*25 ft
Feb
42
101ft
Feb
*25
Feb
33
17%
Deo
15% May
July
107
13
Mar 22
Jan
6
25 ft Jun
17
15% Jun 15
7%
Feb
15
633/4
Feb
67/g
Oct
753/4 May
11% May
89
Nov
98ft
Jun
92% Jan
253/4
Deo
34%
Jun
233/4 Jun
14
22 ft
Feb
14
Jun
X36
9% Jun 28
8ft Jan 24
Jan
28
Feb
24
2
Aug
Dec
293/a
Jan
Feb
2y8 Dec
5ft
Nov
For
13 % May
5% May
11% May
footnotes
im
page
73
Jun
18%
ft-
87
100
'
28%
28%
28%
28
28 ft
28
28%
28%
28%
33 ft
333/4
333/8
33%
33 ft
33%
333A
34'A
34
34%'
28 3/s
29
28%
28 ft
281/4
28%
28%
28 ft
28
283/o
100
107 %
107%
107%
107%
No par
28%
28 Va
*28
20% Jan 14
Quaker State Oil Refining Corp—10
♦173/4
133/4
18
14% Jan
Radio Corp of America com..No par
10%
109
July 11
29% May
9
7
29
Jan
4
9
19
30 ft Feb
13 ft Apr
Pure
conv
2
3
10% July 29
19%
99ft
99 ft
99%
99%
90
27 ft
*263/4
28
*263A
27%
iff; 300
243A
243/8
24%
•243/s
24%
1,700
99%
263/4
27 ft
24 ft
24 ft
Real
1
non-cum
non-cum
Silk
25
50
1st preferred
2nd preferred
Hosiery Mills
com
Reed Roller Bit Co
Reeves
Bros
Inc:
303A
31
31
303/4
30 ft
30 ft
$1.25
dlv
Corp
Reliance Mfg Co common
Conv pfd 3%% series
Remington-Rand common
Reo
7
3% Apr
8
Republic Aviation Corp
Republic Pictures common
$4.50
preferred
Motors
303/4
J
*30%
20 ft
303/4
21
20
20%
20
20 ft
*40
43
*40
42 ft
*40
41ft
♦40
31ft
*30
Sift
45,800
600
f
20,500
200
42%
193/4
19 ft
193/4
*29 ft
31ft
*29 ft
31ft
*29 ft
*11%
113/g
11%
11%
lift
lift
*11%
12%
*11%
12%
*18%
18 ft
18 ft
18 ft
*18%
18%
*18 ft
19
*18%
19
14
13 ft
133/4
13%
13%
*13%
133/4
3,100
31%
5
50
*30
/
13%
10
♦7%
*193/4
7%
20 ft
100
50c
73/8
*50
93/4
•81
8
51
9%
83
•"
7%
7ft
7ft
*7 ft
193/4
73A
No par
5
25
193/4
19%
19%
7ft
73/4
7%
50%
51
51
9%
10
9%
•81
83
*81
21
*7%
8
51
*50%
51
83
9%
*81
133/4
r200
100
1,000
*7 ft
7%
♦193/4
21%
200
7%
1,900
IVs
*193/4
8
10
133/4
:"Vf :ff
9%
83
7%
♦503A
9%
*81
51
9%
200
180
6,500
83
9
2,700
1
Inc
convertible
*30
lift
70
No par
50c
prior preference
Stores
11%
*69 ft
43
19%
*40
(Robt) A Co—
Reliable
$1
50
*243/4
200
*98 ft
99
common
19 Va
8ft
*26
Co
♦18%
500
iff: 1,000
693A
♦98ft
preferred
18 ft
28
11%
"
233A
18 ft
28
83/s
70
8%
25
28%
7,300
8,300
it
11%
lift
70
8%
25
28
108
12,600
*
*69%
11%
70%
8%
98 ft ~
*107%
108
410
8%
11%
693/4
9
25 ft
108
5,600
8 3/a
11%
71
98 ft
|
.
8%
11%
83A
preferred
8
2
•18ft
18
*693A
1st
3
9% May
f 1081/2
28%
28%
•108
No par
4%
16
28%
f
Corp
1
Ralston Purina Co 3%% pfd
100
Raybestos-Manhattan
No par
$3.50
Radio-Keith-Orpheum
4%
9% Jan 24
54% Feb
common.
preferred
Purity Bakeries Corp
$2
July 26
Apr
(The)
Reading
8ft Jan 27
22
com
dlv preference
Inc
Oil
6ft
No par
Rayonler Inc common
233/8 Jan 25
14
$1.40
Pullman
8
com
Colorado
8% Jan
24.
t 3,900
28 y8
4
of
12% Jan
4
f
6
No par
No par
8
Apr 30
Co
83% Feb
5% Jan
683/8
6
com__No par
•
Inc
preferred
17
3
4,000
243A
61%
6,100
Industries
cum
6% May 31
43/4 Jun
6
2% Jan
r
*24f
67%
17,300
$4.75
Rels
63A
6%
24 ft
673/8
23%
8
Jan
10 %
6
*24
671/4
23%
36
Aug
3
8% Apr 26
66 3A
6Va
243A
6%
♦24
23%
29
50
663A
23%
28 % Jun
Aug
15% May
6%
241/4
663/a
23%
Jun
99
6V8
24%
;, 8,000
23%
15% May
66
6'A
300
1,000
'
233A
39
Dec
14%
23 ft
Dec
Dee
113/4
14%
24
Feb
8%
♦11%
14%
233A
10
78'/2
12
14%
No par
Aug
31
Dec
♦lift
141/4
14%
41%
Jan
52
121/8
14%
12
41ft
43
4
*113/4
11%
14%
373/4
87
13
6ft Jun 14
*37
17%
Jun
4% Jun 29
373/4
41%
36
183/4 Jan
423A *
*37'A
11
87 ft
Apr
May
500
3,800
42%
37 ft
41ft
45
13% May
11%
41%
11
42 ft
37 ft
•10%
11
87 ft
Feb
14ft Jan
11%
41%
11
41%
37%
163/4
34% Feb
25 %
20
2,900
41ft
23% Jan
Dec
800
22%
881/4
14
Dec
163/8
136
21%
163/4
17
Dec
136
21%
88
173/4 Jun
8y4
163/o
17 ft
140
10
41%
26% Jun
8
61%
163/4
July
May
173A
61ft
1,300
.
ffff 470
ft :f? 20
41%
35
14
62 ft;
:-•/
:ffff
88
27% July
11% Jan
20%
73
16 3/s
Jan
May
17
*130
21%
723/4
40%
Feb
18
*613/8
9%
140
140
733A
87 ft
36 ft
•
62%
93/8
9%
155
17
31
Deo
73 ft
41
16%
11%
9ft
♦140
86%
21% Jun
3
3,100
16%
9% Apr
99% Aug
14
73/a
86 ft
74 ft Jan 22
Jun
73/a
17
67
66%
100
3,900
73/a
140
24%
6 %
*24
ff.t..f 10"
40%
14
10% Jan
No par
41
*363/4
600
162
41%
*10%
1,800
20
15
18
l
com
•142 f- 149
♦160
20
if
13
343/4
17
12
14%
28%
34%
•130
20 ft
:f84fff:;
34%
17
20%
14%
'11%
preferred series A—50
20%
f
34%
743/a
*61%
,
84 if
3,600
17%
663/4 Jun
4
conv
37
149
162
20
/■/
'16%
-
X7
Jun
Pressed Steel Car Co Inc
4ftft
413A
io
Co
Procter A Gamble
4% Jun
21
11
37
No par
Power
22 ft
May
11
41%
93/8
155
74
f..f;
700
t;
104
7%
f
140
*16%
20 ft
1
Plymouth Oil Co
20
*140
73%
62%
*130
140
*130
5
Plough Inc
5
*61
16 ft
16
100
93/8
9
150
62%
*61
o
lift Aug 12
503/4 Apr 18
9
73%
73
70%
1603A
*140
9%
150
1
39
Apr
162
*142
34%
B
21% Jan 24
Feb
1
*142
*160 "
145
*160
145
162
34 ft
preferred class A
100
5ftft 1st ser conv prior pfd__100
Pittsburgh A West Virginia..
100
29
147
145
145
*139
*160 ft
lo
5ft
24
*81
83
100
preferred
Pittsburgh Plate Glass Co
Pittsburgh Screw A Bolt
Pittsburgh Steel Co com
May 18
*80 Va
Shares
30%
13
Pittsburgh Forglngs Co..
l
Pitts Ft Wayne A Chic Ry com__l0O
Feb
100
8,200
if 9ft
12%
7
Jan
'
•
105
7
Dec
26 ft
300
f ;
89
.
*90
Feb
145
12,500
94 ft
$ per share
$ per share
31ft
Jan
May
45%
Sals* for
85
15
8,700
ths Weak
163/4 Jan
82 ft
20
2,800
Friday
32
Dec
if
Aug. 12
,
Aug. 11
$ per share
*30%
105
♦104
STOCK
Aug. 10
Aug. 9
$ per share
t, Thursday
Wednesday
Tuesday
*
Aug. 8
25
common
Pitts C C 8c St Louis
Monday
Aug. 6
> per share
13
11
STOCK
EXCHANGE
7
70%
40'
300.
STOCKS
Lowest
15
Oct
t
57ft
57
13
Dec
100
■if ft
85
'•it 12
Jun
Jun
160;
13,000
102
94 ft
*92 ft
573/8
5
46
*101
89 ft
No par
•
85
45
46 ft
102
730'
t
28'A
10% Jun
96
f'-f/:
ft t
13%
101
Phoenix Hosiery
10,000
103 %
110
24% Jun
20
1,900
j
24%
115ft
103%
.100
...
Mar 30
1083/4
♦115
263/4
0
11
1041%
•108 :,f 1083/4
.
*24%
115ft
♦103 ft
1
common—
com
24%
*115
Jun
170
1,300
'
r
>22%
3
preferred series A
preferred
'
55%
101ft
22%
104 ft
r..
*103 ft
108
*24%
55
♦101
23
115
115
1153/4
-103
•
243/4
243/4
*243/8
55%
223/4
July
July
Feb
VfV f 70
4,100
1013/4
553/a
*101
23
36 ft
Feb
900
.
: 44%
25
23ft
Jan
:);
31
preferred
Feb
30
10ft
1043/4
11%
lift
Feb
73 ft
100
28,500
'
♦233/4 f:24ftc
31%
;
Apr 19
138
140
100
900
93/4
9%
23%
11%
_No par
90 i
157
7%
260
"
,
10%
93/8
9ft
x9%
;
: 105
*104
105
9ft
1
common
64'
.
Ulft
31
_
Phillips Jones Corp
6ft preferred
Phillips Petroleum
11
37 ft
600
111 t
♦110
112
111ft
42 ft
111
ft
'
Philip Morris 8c Co Ltd
12 ft May 14
37
•36
112
*36
No par
.
3.60%
413/4
*110
37 ft
1123/4
*36
10 ft
112 ft
10
9%
Phlla 8c Reading Coal 8c Iron
Pbllco Corp common.:
Aug
413/4
112
•110
37 ft
*36
1123/4
*41
41ft
112
♦110
108 ft
37
100
$1 conv preference
3%ft
20
18%
23%
(Chas) 8c Co Inc
4ft
...
18%
33ftc
preferred
Aug
100
107
18 3/«
No par
Co common
$6 preferred
Electric Co
Aug
107
107 ft
18%
108ft
Philadelphia Co 6ft preferred—50
88% Feb
46 ft
102'
*107
18%
108
80 ft
600
5,700
,
28
'
Phlla
7
107 %
*107
108 ft
*107
*107 /
19% Jan
9%
22%
15
..5
Ry Co
Phelps-Dodge Corp
40% Jan
*93/8;
9%
Mar
26
12
Dec
223/8'
25»/2
700
7,200
18/8
*8%
Banfe Since Jan. 1
Apr
10 ft
9%
22%
——__100
Hlghast
Jun
110
9%
22%
*25%
preferred
Year 1948
Jan
10
25 ft
♦93/8
%
32 ft
503/b
18%
100
1..
32 ft
50
223/4
4.3 ft
Jun 21
17%
*165/8
iff
300
/
18ft
112ft
3
50
7%
18ft
100
Huge for Previous
34%
107
100
Milk
49%
4,000
18 ft
50
com
♦16% / 17%
32%
32%
700
11
*6%>
7%
500
1%
10 V/.
109
10
Dec
107
No par
RR
TVs
♦103/4
3,100
1
100
Light Co
17%
26%
7
*63/4
:
3,900
293/a
26%
200
*
•'
1%
29%
22%
25 ft
Apr
.
7ft,"
"
11
10%
1,200
"
39%
1%
*24%
23
*25
*103%
105
11
800
26,000
20%
39%
-
2
7
7ft
*63/4
•115
10% Feb
98 ft
63/4
49 ft
9ft
22%
com_.No par
preferred
*18 »/2
39%
26 ft
6ft
7
9ft
20 Va
26 ft
115 ft
«
30
.7
20%
26 ft
7ft
10 3/4
104
Jan
# per share
10
Co
103ft
20 "/s
26ft
7
lift
115
88
• per share
Corp
•102ft
20%
26%
7
104
88 ft
Lowest
Coke
Cement
6ft
181/2
26ft
10 ft
10 ft
170
16,700
6%
.
;
29 ft
joo
3
14% May
,v
ft 7
400
1,700
1001/2
1031/2
1%
19,900
,
♦17%
6%
29 ft
100
4
Deo
8t
looft
18 3/8 '
•39
*
55
29 ft
preferred
93 ft Jan
10
Coal
GkcS Sand Corp
Pfizer
May 17
Aug
2
49%
Petroleum Corp of America
pfelffer Brewing Co
553/a Aug 11
<
20
40ft
,
54%
29 ft
preferred
37% Jan
Jun
19%
19 ft
44,200
9%
14
:■/:
293/8
4.4ft
Dec
92ft Aug
20 %
2
3.8ft
97ft Jun
77ft
•102 ft
20 ft
*39
8
39%
Jan
103ft
20
2
8
87
Jan
*16%
•102ft
20%
104
25 ft Mar
87ft
25
6ft
18 3/s
38
115ft Aug
28
54%
*6 ft
6ft
2,700
y
4
9%
14 •
1001/2
♦100
18 ft
2
7
lift Jun
13ft Sep
5
y
100
2,700
,
36'A
54 y8
54 ya
30
31/8
3%>
t;
9ft
280
"■'■r
'
36 %
4
15
29 ft
26 ft
7
10
: ;
5%
19%
29%
*26 ft
5
91/4
18 ft
6
18ft"
38
•
2
6
22% Jun
Deo
20 ft
Jan
98.
July
July
11
103ft
20 ft
110 ft Apr
45 ft
Oct
*102%
203/4
26 ft May 16
21% Nov
Nov
103 ft
20 ft
8
Jan
82 ft
*102 ft
23ft Jun
Jan
91
57/B
18ft
24
14
Jan
6'ft
18%
33/4
1,600
f
98 •
145
"
3
;
100
33
,
♦144
:36ft
;
•14
54%
100
5%
3%
98
"
3 "',//•
3
36
15
v
54 ft
100
3
28
Sep
*99
■
9ft
9ft
♦14
32 ft
98
146
36
32 ft
4ftft
1
102 ft Aug
100
35ft
3% ;
-
54%
18%
2.50
-
9%.
54
54ft
*99
3%
14% y-
20% Jan
8 ■
28!
81
12% Jan
9ft
14 ft
—.
98
49%
Pet
53ft Jan 21
July
Jan
3%
9ft
V
49%
"
17
334
14%
3ftft conv series A pfd
Peoples Drug Stores Inc
Peoples Gas Light 8C Coke__.
31% Aug
3
51ft Jan 19
May
r
v-'-'
33 ft
33 ft
146
,
f,
3%
35%
*32 ft
May 16
9ft
44%
'
35ft
3
36
9ft
No par
Pennsylvania Salt Mfg Co
8
14%
97ft
146 ft
3
29 ft
Pepsi-Cola Co
Aug
97ft
♦16%
11
Apr
24 ft
*33 ft
*145ft
•••3%
No par
333/4
33 ft
98
146 ft
17%
Pennsylvania
Aug 12
105 ft
2,300
32i/2
8ft Jan
3
53
*32 ft
Peoria 8c Eastern
3
53
*16%
19
Mar 11
52%
173/B
11% Jan
Jan
52'A
.:
32 ft
12
2U
6,300
52%
52'/4
„
50
7ft May 31
102
33%
32 ft
5ft
May 16
1133/8 Aug
5
9
33%
493/4
Penn Power 8C
36
3
203/4
33%
No par
Penn
41% Aug 11
Feb
•20%
33'/4
97 ft
38 ft
preferred
20%
333/4
No par
1
13
Jun
33
203/4
„
Shares
20%
33 ft
'•'♦145 ft
1%
Co
the Week
20%
98ft
*37ft
common
prior
Penn-Dix<e
May 18
14 ft Jun
86%
7ft
Mar
conv
Penn
3
32
28
9ft
10% Feb
16% Jun 29
103
120
5%
33
*20
Enterprises
Sales for
$ per share
33 ft
Penney (J C) Co
23% May 14
28ft Jan 21
5
8t
Friday
Aug. 12
.
203/4
Penlck 8s Ford
3
50% Aug 12
3
Proof
Aug. II
$ per share
*20%
146ft
1
;
Transportation
Mines
53
1
Peabody Coal Co
33 ft Aug
Feb
Rust
Patlno
52 ft
Mlnes___l
Consolidated
Parke Davis 8c Co
July 19
52%
*14
1
Park 8c Tllford Inc
9% Aug
*6"
Inc
Park Utah
6% Jun
6ft Mar
9
Pictures
When issued
7
4
1% Jun
33% Jan
Deo
Aug
3 ft May
Mar
23%
Jan
33 ft
2%
•
Panhandle Prod 8s Refining..
_l
Paraffine Cos Inc com
No par
4ft convertible preferred..
100
20
33 ft
35ft
2ft
18ft
*20 ft
98
146ft
i
CLOSED
Tranap___5
Panhandle East Pipe L com
No par
4ft
preferred
100
14
203/4
32%
STOCK
EXCHANGE
No par
American Airways
Thursday
S per share
share
523/4
Pan-American Petrol 8s
Jan
102 ft Jan
'
;
97
34 ft
$ per share
20ft
No par
10
$ per
Aug. 10
-
33 ft
Pacific Tin Consolidated Corp.
Pacific Western Oil Corp
'
Aug. 9
'
No par
4ft Jan
23
Feb
Corp
21
;
Wednesday
Tuesday
Aug. 8
-10
Pacific Telep 8c Teleg common__100
6ft
preferred
;
;
100
8
8
Lighting
Pacific Mills
43 ft Jan
10
66
,
4ft Jan
13
Feb
Pacific
14
98 ft Aug
146ft Aug
2% Jun
l >
29 ft Jun 13 ^
46
6%
Monday
Aug. «
Par
Jan
8
34% July 20
7
Nov
13 ft Mar
Saturday
Pacific Finance Corp of Calif
Pacific Gas A Electric
Apr
(609)
RECORD
"
54
6
27 ft Jun
89
Dec
CHRONICLE
LOW AND HIGH BALK PRICE!
STOCK
333/1 Aug !0
3
130
4
YORK
EXCHANGE
s per share
Feb 24
Dec
39 ft
NEW
Highest
29 ft
3ft
STOCK
,
15 ft Mar
29ft
Banga Since Ian. 1
Highest
9 per share
YORK
FINANCIAL
STOCKS
Year 1948
,■
&
preferred
8%
9%
9
9%
*8%
5%
5 3/8
5%
5%
5%
5%
5%
6%
5%
6%
1
8,500
50c
2%
3%
3%
3%
3%
3%
3%
3 %
3%
3%
28,500
8%
8ft
8%
8%
8%
8%
8%
8%
700
10
*8
if
9
tifi
9
9%
9
*8
,
22
COMMERCIAL
THE
(610)
NEW
Range Since Jad. 1
Year 1948
Lowest
Highest
33%
17'
Oct
Jun
Jan
111 Vi July
91V2 Jun
27% Jan
Dec
21% May
10% Jun
15
102
Dec
92
43
18
Jan
26
25
103% Feb
3
4% Jun
14
6% Jan
6
34% Jan
3
Reynolds Spring Co——
Reynolds (ft J) Tob class B
38% July 20
20%
STOCK
EXCHANGE
CLOSED
100%
99%
99%
13%
13%
14%
13%
94
94
94%
94%
94
4%
4%
4%
4%
4%
4%
12,500
19%
19%
20%
20%
20%
20
20%
5,200
♦98%
99%
*98%
99%
99%
99%
99%
99%
99%
99%
30
5%
5%
5%
5%
5%
5%
5%
*5%
5%
2,400
38%
37%
38%
38%
38 %
383/8
38%
2,600
48%
*46%
49%
*47%
97
*96%
97%
97
*97
106
106%
106%
38
48
Aug 10
97
Aug 10
Preferred
3.60%
series
10
100
*95
Mar 25
Preferred
4.50%
series
100
105%
24% May
17%
Dec
4%
Sep
19% Jan
13
38% May
Rheem Manufacturing Co
Richfield
5
12
Jan
21
Oil
*47
33
38%
48
43
48
6
96%
97
106%
106
*47%
97
106
17%
17%
17%
17%
17%
17%
17%
36%
37%
36%
37%
x36%
37%
17
16%
16%
16
16
*16
16%
10
49%
600
99
1063/8
17%
37%
♦16%
——No par
43/8
106%
37
1
No par
Corp—
Ritter Company...
100
4%
107
3
100
3,900
19%
4
13
*94
94%
17.800
13%
95%
13%
14%
Shares
100%
*99
101
20
4%
3
15% Jun 21
19%
19%
7
13% Jun
*99
20 %
share
4%
42% Mar
24% Jan
*93
94
Sales for
the Week
$ per
share
19%
85'/* Jan
Jun
19%
13%
"102% Jan
Jun
Aug. 11
*99%
Dec
23
20%
Friday
Aug. 12
Thursday
$ per
13%
Jun
49
20
20%
20
20%
$ per share
share
100%
—1
10
Common
Aug. 10
*99
Jan
>
$ per
PRICES
Wednesday
Aug. 0
xl3
Jan
103%
Dec
Dec
310
105%
17%
17%
1,500
36
36%
28,300
300
*15%
'
x3% Jun
6%
Feb
19%
Feb
29% July
23
5% Jan
5
Roan Antelope Copper Mines—.
_
4%
4%
4%
4%
4
%
4%
4%
4%
45/3
«*4%
2,300
7'A Jun
7% May
July
12
13
10% Jan
7
Robertshaw-Fulton Controls com..1
8%
8%
8%
8%
8%
8%
8%
8%
8%
\3%
2,600
25% Jan
3
25
20
22%
*22%
23 %
*22%
23%
8
4%% conv preferred
Rohm & Haas Co common
22%
42% Aug
42%
42%
42%
42%
x42
4% preferred series A—
100
Ronson Art Metal Wks Inc new—1
*97%
98%
*97%
98%
21
Jun
28
36
Jun
15
96% Apr 21
10% Jun 13
Dec
72
Dec
18%
Dec
107%
Sep
98% May 17
13% Aug 11
13
23
23
*22%
23%
200
42%
42%
42%
42%
42%
1,500
98%
98%
*97%
98%
*97%
98%
50
13%
13%
13%
13%
13%
13%
2,400
13
17%
17%
400
13
13
13
17%
17%
*17%
18
'*17%
1
3
Ruberoid Co (The)
Ruppert
3
25% Aug
8
27
35% May 11
7% Jun 13
113% Feb
16
Safeway Stores common
5% preferred
(Jacob)
17%
47%
48%
43%
48%
49
*48
50
10%
10%
*10%
10%
10%
10%
*10%
10%
3
100
10
Royal Typewriter
8
12% Mar 12
47%
5
18% Feb
55% Jan
17%
No par
13
16% Jan
Jan
ley*
/
39% Apr 25
8% Jan
3
May
8%
Jun
16
27% May
Mar
17
5
5% Apr
23
Feb
99
15% Jan
54
12
$ per share
com
94
Oct
17
31
Steel Corp
AND HIGH SALE
Tuesday
•
$ per share
50
Dec
80
Jan
99% Jan
1
Par
Republic
s". ?
Aug. 8
41%
Dec
103%
Apr
11% May
5% Dec
Aug
4% Aug
2
18% Jun 28
May
Vi
104% Jan
Mar
33 Vs
91
Oct
8
29
4%
Monday
Monday, August 15, 1949
RECORD
LOW
No par
6% conv prior pfd series A—100
.Revere Copper ds Brass com—No par
5%% preferred
100
Rexall Drug Inc
-2.50
Reynolds Metals Co com
No par
5%% convertible preferred
100
7
16% Jan
110
13
15
19% Nov
STOCK
Aug. G
EXCHANGE
$ per share
13
103
82% Feb
CHRONICLE
Saturday
STOCK
NEW YOKK
Highest
I per share
$ per share
t per share
22% Feb
FINANCIAL
STOCKS
luift tor Preriou
Lowest
v
YORK
&
112%
112%
43%
44%
43%
9%
9%
9%
*49
51
10%
500
10%
900
8,700
S
21% Jan
113
39%
>•»!
109% Apr
Jun
Feb
61%
8 Vi
Feb
16% July
Jun
St
48% Jan
3
12% Jan 25
..
'
Feb
48% May
31
Jun
13
67
•Jan
139 % May
87
Jun
13
122
Jan
Jan
Jun
78
Jun
9
91
Jan
19
101
6% Jun
8
Feb
13% May
79
Feb
77
Feb
91% May
15% Aug
9% Jun
14
25% Mar
35% May
22% Jun
14
39% Mar
51
May
46% Jan
6
Nov
95
Jan
42% Jan
8%
1
July
90
Jun
5
12% Jan
7
30% Jan
12
58% Aug 11
17
x96
Jan
xlOJVa July 13
88
105
Aug 10
15% Jun
Dec
29
30
100
3
14
78
93% Apr
12
Jun
94% Jun
87% NOV
12%
Jan
13
91% Mar
5
13% Jun 28
18% Jan
Feb
62%
Jun
47% Jun
55
Feb
20%
Jun
16% Jan
Feb
59% May
87
Oct
15%
35%
5
Mar
8%
Jan
10
4
36% Feb
5% Jan
27
47% May
Feb
43% Nov
33% Jun
13
9%
Dec
9 % Jun
14
13
5% Dec
12% July
8% May
4% Jun
14
14% Jun
6% Jun
3
Feb
94
104
Jan
Jun
13
13
38% Jun
24 % Jun
30
Feb
46%
Oct
21% Aug
17%
Feb
27%
Jun
22% Jan
68
Feb
79
Dec
77
9
Dec
15% Jan
12
Mar
24% Nov
14
4%
3%
34
Dec
15
Feb
92%
Feb
Roebuck
Oil
Steel
29
c-
4% Jan
18% Jun
Jun
Silver King
Simmons
14
127% Jan
21% Jan
17% Jan
7
7
100% Jan
24
4% Apr
16
Feb
.Jun
Oct
7% Jan
45% Aug
13
9
16% Jan
36% Mar
36
20%
Feb
Dec
Aug
22
v
Dec
5
Oct
■
26%
25%
26%
26%
233/a
23%
23%
23%
23%
30%
31
82
82
Co..
7
25
13
6% Jun
13
Jan
Jan
5
13% Jun 28
23% Feb
100
5
Apr 13
82
Oct
Jun
13
18 % Jan
3
98% Jan
109
Jan
21% Jan
14
2%
274
274
1.100
2574
25%
2574
2,800
*30
31%
*30%
31%
31%
31%
3074
3074
21%
21%
21%
.10
Co com_4.50
74%
Jan
' 7
20
13
26% Jan
97% Jun
Jun
96% May
9
Oct
12
Jun
40
Jun
7
x27'
Jun
15
15% May
10
100
14
43% May
41% May
jun
35% Jan
94
6
13
3
Jun.
Jan
38% Jan
July 12
Jan
41% AUg
2
Feb
Dec
36% May
24% Jan
3
12%
Feb
16% May
9% Jun
17
14% Jan
7
9% Jan
3
13% Aug
2
18
:
Jan
20
Dec
Jan
18% July
Nov
11% Jan
113% Jan
98% May
70% Nov
120
July
9% Feb
15% May
6% Feb
90
7
Jan
27
30% Aug 10
15% Jan
4
12% Feb 25
16% Feb 10
28% Jun 13
29% Jun
91% Dec
100
17% July 29
17% May 17
24
V
Aug
8
36% Aug
2
7% July 27
Jan
8
52 % Feb
117
Jan
10
61
17
120
9
21%
Jun
14
94% July 20
Apr 13
July
11% Jan
6
8
*12%
13
233/4
24
*23%
24%
24%
24%
*24
*12%
200
24%
*83%
86
*83%
86
*33%
36
99%
*98'%
9934
*98%
99%
10
*12 %
12%
1274
1274
*1174
12%
100
27,600
12%
1574
15%
1574
99
99
1574
1574
1574
*99
15%
15%
1574
99%
99%
99%
*99
9914
*4
4%
4%
41/a
4
4
87a
874
8%
874
3%
4%
4%
874
9
200
3,600
*98%
99
474
800
1974
24 %
86'%
15%
874
1974
24
*1974
99
99
99
4%
20%
23%
9
874
48
*47
43
*4774
300
4,400
28,100
43
200
61
1,700
1274
2,500
34
34
34%
3474
34%
*42
43
4174
421/4
*41%
3274
3274
3274
3274
32 54
3274
3274
32%
32%
32%
33
40%
41%
40
——-25
preferred
Edison—
California
25
xl274
3374
*42
32%
*47
33%
43
32%
3274
32
321/4
31%
321/4
32%
3274
Co..—.—No par
3974
41
4074
4074
40%
41
common—No par
preferred———100
non-cum
32%
33%
32%
33%
3374
3474
X32%
52
531/4
52
*5174
& Bros Inc.-——1
(AG)
.
Brands Inc
com—No par
preferred
—No par
pref—No. par
—No par
*59
11%
4
4
53
53
63
*59
63
11
11%
53
*59
63
11
4
4
474
4%
41/a
4i/a
:
.
,
24%
2474
2274
26
25%
26
2574
2574
2674
25%
26
5,300
774
8
8
13,100
774
6674
1474
103
20%
.
67
67
6774
67%
1574
15%
1574
151/8
1574
15
1574
2,600
2974
15'/a
77s
67%
1574
2974
2974
2974
30
291/2
30
29%
2974
3,700
103
104
*103%
21
2074
103
.
103
Inc
103
IO31/4
2174
21
2074
88
88
88
8874
2774
28%
28%
291/4
2074
88
88
2774
28%
*103
x20%
8874
2874
12374
12374
*124%
126
126%
126%
128
137
13774
137%
138
138
139
139%
6574
100
100
89
29%
29
'
700
140%
144
4,000
66 74
6574
6674
4074
41
10,300
67
671/2
21,000
25%
12,900
4074
40 %
407s
4074
41
6774
68
6774
6874
26
2674
2574
26%
25%
10074
100%
100%
100%
*100%
16 3/8
16%
16%
16%
1674
16%
*4174
42%
42
42
3074
311/4
*31%
32%
32
32%
32%
10%
1074
*10%
11%
1074
11
11
*41
230
44,100
140
6874
4274
89 74
3074
130
6574
1674
13,900
127%
6674
66%
80
104
2074
80
128
65%
*4174
.
3374
-
*100
1674
16%
9,300
101
16%
500
5,600
*42 "
42%
100
32%
*3174
33
500
11
*1074
11%
500
42 74
40%
4074
4iy2
40%
41%
4074
4074
4074
40%
99%
*98%
99%
*98i/a
991/4
9974
9974
*98%
15
3074
3074
30%
30%
3074
30%
3074
30%
,30%
3074
4,300
-5
11%
Hi/2
11%
11%
1174
11%
111%
1174
11%
1174
1,400
13
13
1274
13
12%
13
1274
13
1274
12%*
4,300
17%
1774
17%
17%
17%
17
17
1674
23%
———No par
common
:.l
A preferred
No par
series A
series B
8
774
*6674
2074
*99 %
3
40
700
40%
Corp
Biscuits
774
71
*661/2
8%
67
1
2974
2574
*69%
*98%
Corp
preferred
preferred
500
474
71
~5
——
4%%
*4%
10
5,100
100
Stokley-Van Camp Inc common—1
5% prior preference.—,
—.20
Stone & Webster———,—No par
Studebaker Corp
1
4%%
4%
4
2474
26%
Sunshine
4
*69%
25%
19% Jan ' 7
4%
*24
26'%
pfd
4
24%
25%
Class A 4%%
4'/a
800
500
1174
73
40%
Sunray Oil Corp common
62
11%
*70
67%
$4,50 series
53 72
*60
x24 74
68%
Sun Oil Co common
*52%
1174
25
41 »/4
Sunbeam
5274
59
71
67%
Sun Chemical
10,800
25
68 %
4 Stewart-Warner Corp.
18,600
32'/a
71
x66%
Sterling Drug Inc common—
3%% preferred
Stevens (J P) & Co Inc.—-
8,300
40%
*11
*474
200
■3174
33
Hi/4
474
1,400
7,300
25
X40%
3%%. preferred series A——100
Standard Steel Spring common—1
4% convertible preferred—
50
Starrett Co (The) L S_.—^No par
Sterchl Bros Stores Inc————1
,
*4%
34%
43
72
Indiana——25
of
Oil
4
59
341/4
*41%
43
24%
Standard Oil of New Jersey.
25
Standard Oil of Ohio common...10
Standard
,
11%
3474
72
prior preferred
prior preferred
No par
Standard Oil of California—No par
17% Jan
*84%
99
20%
23%
12%
49% July 13
24.
86%
*98%
*19%
61
36% Feb 14
page
*84%
24%
29,500
12%
July 8
16% Jun 13
tee
*23%
200
2174
104
6174
43
Tor-footnote*
24
2174
*102%
1274
15
13
23%
24
223/3
10174
60 34
Jun
26% Jun
July
23%
21%
10174
123/4
$7
18
23%
20%
23
23
22'%
102
61%
$6
24
7
102
102
*19%
21%
101%
31%
1274
$3.50
8
88
Jan
21%
*31
6174
Standard G & E Co $4
Mar 10
16% Aug
44
STOCK
3
3
3
*46%
Standard
7
Jun
3
60
—
8
67% Jan
42% Mar 14
13
Shares
274
*25%
,
Aug 12
13
Jun
$ per share
2%
25%
._
10
144
$ per share
2%
25%
No par
—..—„1
$5.5o preferred
.—.No par
Spencer Kellogg & Sons———1
Sperry Corp (The)
;——1
Spiegel Inc common———.—2
Conv $4.50 preferred——No par
Squar* D Co
—
-5
Squibb (E R) & Sons common—1
$4 preferred
No par
89% May 12
30% Aug 12
130
Aug 12
4
Sale* for
the Week
25%
,
28
3
Friday
Aug. 12
25%
Mobile & Ohio stock'tr ctfs—100
16% Apr
6
30 " Aug lo
104
Aug 3
17% Apr 25
91% Jun>
27% May
Thursday
Aug. 11
12%
Spalding
10% Mar 31
71% Apr
share
4,300
49
5%
.
29% Mar 30
•
$ per
3,500
6%
1274
8%
Aug ' 8
22% Jun
share
3474
6
13
Sparks-Withington Co
Feb
$ per
6%
600
26%
Spear & Co comjmon
64
$ per share
34%
35
13
60%
7
; Jan
2i
X
t per share
Aug. 10
Aug. 9
4
13
.
62
5
Jan
May
Monday
Aug. 8
LOW AND HIGH SALE PRICES
Wednesday
Tuesday
100
2,000
47
7
60% Jun
9% Dec
6%
9%
61
Southern
May" 7/
39%
X 97
34%
6%
7,300
84
47
6% Jan
55
36% Nov
34%
6
3074
*3%
5%
7
73 ;
15%
34%
6
5,200
25
preferred
9
36% Jun
f
35%
6
4,900
23%
5
No pur
:
S6
Jun
!
343/4
6
10
26%
*81
13%
35'%
5%
7,900
30%
'
9%
Xl3%
300
8 3/4
No par
Corp
Jan
Jan 24
9%
13%
20%
66% Feb
68;
9%
*13%
102%
13% Jan
Jan
9'/a
13%
*19%
3% May 23
3% July 19
8% May
.
13%
Saturday
—No par
& G
*81
133/a
Aug. 6
Steel.!
E
9%
9
9'/a
30
30 %
82
35
1
61
13
*81
13 3%
,.15
STOCK <
20
Jun
Oct
9
Nopal
1
29%
30%
82
47'B
81%
23
31%
82
29%
*81
1,200
26%
23 %
.No par
G)_.
4%
8%
*79
26 3/8
233/4
59'
Jun 27
4%
8%
80
25%
45% Jun
10% Jun
8%
23%
Pacific
Jan
*4%
80
26%
102%
3%%
4-'%
8%
80
3,500
5%%
7
73
Dec
i
Coalition Mines
O)
*78%
80
25%
Railway
.
*77%
8%
83/a
8%
8 3/8
4%
4%
*4%
4%
80
*77%
Southern
*35
*4%
CLOSED
r
.
92% Jun,
18%
sy8
Southern
34
v
53
?4% Mar
2,300
Socony Vacuum Oil Co'Inc
15
Solvay American Corp 4% pfd—100
South Amer Gold & Platinum
_1
10
Feb
17% Dec
127s
4.20%
42% Aug 10
32% May 5
Jan
50% Mar
12%
26
Feb
"«%
13
preferred ——
50
conv preferred
'
50
Southeastern Greyhound Lines—5
South Porto Riqo Sugar com.No par
54%
Jan
12%
South Carolina
36%
69%
11%
13
Southern Natural Gas Co——WO
121
16% Mar
12%
Jan
109% Oct
15
12%
May 3
49% Jan " 7
Feb
11% Mar
32% Mar
12%
12%
41 ;
Feb
Feb
13
x41
,5
1
3
97%
Feb
19,500
14
86
89
403/4
13
29% Jun
Nov
11%
40%
25% Jun
104
Dec
38
41%
32% Jun
29% Jan
Nov
23% Nov
40%
28% Jan
74
May
23% May
Feb
21% Aug
79%
7
29% Jan
14
Dec
17%
26
36% Jan
30% Jun
15%
19%
41%
8
29%
61% Mar
95
40%
8
73-
•
20% Feb
7%
26% Feb
Jan
20% May
7% Jun
'
.
41
73
65% Dec
12% Dec
4
40%
30% July
62% July
'
63
900
41%
50% Jun
70«
July
Feb
33% Feb
58% Feb
4
Aug
30% July
Feb
43%
87a
14% Apr
39% Jan
14
44
.
Dec
25% Mar
11% Jun
42%
11% Nov
19
EXCHANGE
(A
800
45%
8
,
10
7,000
8%
15
,
8
Aug
47
62
83%
133/4
Aug
1
3
*86%
45%
Aug
Mar
53% Mar
40
Oct
60
1
88
8%
100
preferred
100
Smith & Corona Typewriters-No par
3
1,300
19
88% Feb
14
190
13
46
100% Mar 25
97% July
3% Jan
99
13
*8%
Smith (A) & Sons Carpet Co com—20
14% Jun
May
99
13
.19
31% Jan 24
3
10
100
46
20
Smith
Jun
104% Jun
*86
40
210
82
8%
Sloss-Sheffield Steel & Iron..
Jan
12%
96
106%
*81%
19 %
3
17%
88
*86
*98
*34%
*105
82
45'%
Skelly Oil Co
Jan
7
87%
13
96
106
33a
14
10% Jun
87%
12%
*81%
19%
Jun
Jun
13
87%
100
*98
100
13
13%
*94%
*105
45 3/4
83% May 21
95% Jan
3
,
*99
100
82
8%
22 % Aug
Jun
83%
1
Sinclair Oil Corp
25
*82%
81%
1,200
19 %
No par
Co
Jan
26
5% Mar
13%
82%
96
105
105
22,000
53%
46%
19
.(■
52
82%
*94%
95 %
104%
104
1,000
23%
8%
EXCHANGE
24
14
Dec
39
*94%
11%
28%
18%
Corp of America—.
Simonds Saw &
15%
8%
95
104
*11%
*58
46%
Gas
Pen
Jan
Apr
July
5
95
104
1
Corp
36%
98
23
58%
8%
Par
7
90
Feb
&
(W A)
Sheraton
12
27% Jan
Dec
Nov
28%
58%
18%
$ per share
6
May 31
July 1
Sep
3% Nov
28'%
57%
No par
(Frank
,
80
14%
Co—
NEW YORK
91
96
11%
28%
57%
46%
Shell Union Oil Corp..
16% Jun 20
39 %
*11%
28
58%
8%
Sheaffer
t per share
35% Jun
Dec
11%
28
*57%
11%
13%
14% Feb 10
Oct
Dec
&
preferred
Range Since Jan. 1
Highest
v
27%
11%
27%
58
46%
8
97
23
11 %
28
57
1
Shattuck
Jun
25%
11 %
27%
_
5
—
Mar 11
2% Jun
*79%
No par
Finance Co—
10
22
80
80
16
Lowest
32% Jun
Feb
18
90
79%
STOCKS
May
160
81
79%
50
50%
13
t per share
Jaa
*7.9%
xll%
Sharp & Dohme common——No par
$3.50 conv pref series A—No par
6% July 26
44
:
27,700
81
80%
15%
31% Aug 11
39% Jan 21
36
7
50%
11% Apr
7% May
Dec
Dec
6%
16%
May 18
Highest
8 per share t
7
50%
83:
Year 1948*
25
7
6%
7%
15%
Banre for Previous
Lowest
7
6%
100
50%
10
3
91
73/s
35%
16%
Feb
13
*37%
*.95'
50%
Shamrock
Jan
91
16
Sharon
Jun
100
*87
50%
$4.50
5
3,900
36 %
*95
91
16
Servel Inc common
30
36'4
36
97
*37
50%
Seeger Refrigerator Co—
Seiberling Rubber Co
Aug
7% Jan
Dec
3578
*95
15%
Sears
2
46% Jun
28% Feb
35%
10
91
35%
50%
8% Jun
Oct
13,800
16
37% Jan '
,
9 34
51
31% May
4
9%
15%
101% Feb
4
9%
50%
A
Seaboard Oil Co of Del
11% Jan
77.
9%
97
*86
Seagrave Corp
6% Jan
9% Dec
9%
35%
100
series
preferred
Seaboard
5
41% Aug
1,900
9%
100
5%
8% Aug 12
31%
43%
97
100
:
43%
35%
80%
100
100
preferred
2434
113%
43%
Seaboard Air Line com v t c—No par
7
11
19% Mar 18
7
Oct
3.35%
9
Jan
pfd
24%
*112%
43%
*86
preferred—.:
Elec Co (The) common__5
4.30%
Scranton
20
87% Aug
Feb
Apr
26% July
83
13%
79
Mfg Co 3.65%
25
113%
43%
113
91
7
No par
No par
i
preferred—
Scovill
8
Jan
44
$4
8
Aug
$3.40 preferred
,
24%
*112%
43 %
*112
44
98
34%
preferred
non-cum
25%
25
25%
113
*112
*95
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
Scott Paper Co common
No par
5%
24%
25%
*86
t c—100
v
St Louis Southwestern- Ry
.
7
May
9
t c—No par
series A 5%
Preferred
26
9% Jan
87
8
Co—.
St L-San F Ry Co com v
25
58
32%
Lead
Joseph
25
*17
16
161/4
15%
16
161/s
16%
16%
23%
24
23 %
2374
23%
23%
2274
35%
36
*3574
36
36
7%
774
*94
95
No par
55
55
—100
1
25
25
*118
119
12,50
4,800
•
774
*94
5574
118
37
774
774
774
95
*94
95
56
*56
56%
118
118
118
36 '/4
7%
*17
100
17%
100
300
16%
1674
6,100
23'/a
.
2374
44,100
3674
2,600
7%
2,700
36
3674
774
774
*94
95
*94
95
56
56
56
56
*118%
119
*118%
119
1,200
30
10
10%
10
10%
10%
107s
10%
10%
10%
1074
15,400
1574
151/2
15%
1574
15 74
1574
1574
1574
15%
1574
2,800
19%
2,400
43%
600
18%
19 %
19
19%
1374
48%
4874
48%
4874
*48%
19%
19%
19'/4
49
48
48%
*18
*
48 74
Number 4829
170
"Volume
THE
COMMERCIAL
Range for Previous
!
$ per share
9
Dec
140
Mar
Range Since
$ per share
11% Mar
7% Mar 25
135/o
Dec
19%
jun
31
Dec
44Va
Jun
127
Jun
NEW
-
Highest
$ per share
Jun
Jan. 1
Lowest
Highest
235
15
17
Saturday
10% Apr
168
Jan
14
Sunshine Mining Co
11
Superior Oil
14% Jan 12
'36
Jan
7
of
Nov
16%
Jan
7% Feb
25
Dec
36%
Jan
27% Jun
14
32% Jan
25
California
22
Jan
8% Jun
14
12
Feb
21
Swift
Feb
26
Dec
SI
43A Mar
9V4 Mar
Jun
Aug
7% May
17% Aug,
9% Apr 26
10
24% Jan
3% Jun
14
11% May
5% Jun
97a Jun
Dec
23% Jun
6
19% May
133/4 Jun
14
52
48 5% Jun
3%
2
Mar
5% Jan
14
14% Mar
7
89
5
77 % July 13
11
7
Aug 10
4% Jan
7
17% Aug 11
Nov
67
15%
Nov
25 % May
11% Jun
14
177% Jan
47
Feb
71% July
56
Jun
14
65s% Aug
9
19
Nov
25
16% Jun
14
237% Jan
7
Jun
Oct
13
Sweets Co of America (The)
& Co
International
9%
150
4.16%
25
STOCK
EXCHANGE
*77%
CLOSED
29%
9%
preferred
$4
Talcott Inc
Tennessee
Corp
*80%
$ per share
v.
9
155
158
*8%
155
10%
10!/4
10%
32%
*7%
8%
17%
17%
10%
10
33
32%
32%
*32%
81/4
*7%
81/4
29%
29%
29%
29%
29%
2,000
9%
9%
9%
91/2
9%
7
181/4
18%
718'/4
18%
18
18%
4,100
9,300
81
V
81
81
81j/4
78%
80
4%
*4%
4%
*10 3A
11%
4%
*10%
5
*3'/8
33%
3%
3%
*3%
33%
16%
16 3A
163/4
163/4
163/4
17'%
17
58'%
57%
58 Vs
573%
Co
4%
4%
11
11
11
'
11
11
3%
8
'
58'%
25
Texas
Texas Gulf Producing
8
17%
4%
*103/4
500
9i%
—5
11
900
2,000
33
*7%
—9
—
4%
4%
2,500
10%
29%
18V2
81
Shares
9
155
101/8
9%<
*801%
81
9
"151
155
10%
29%
9%
.
9%
155
158
the Week
*321%
•
8V4 /
29%
9%
*9
Sales fp*
$ per share
*10%
32%
30
9%
9
Friday
Aug. 12
Aug. 11
$ per share
4%
Corp
Corp
7
3%
3%
100
210
2,400
300
3'%
17
563A
3,200
58
575%
577%
15,600
14%
147%
14%
1474
145/a
15 3%
153%
157%
153%
15%
11,900
€4 %
65%
65
655/a
643/4
65
65
65
64 7%
65
3,300
18'%
19
18 7%"
187%
19%
19'%
193%
19 y8
19%
7,200
—1
40%
413%
407%
407%
41%
41%
41%
41
41
4,300
—100
*4P/8
50c
9%
No par
*14'%
57
_10
Sulphur
Texas Pacific Coal & Oil
'•
400
17
No par
10
Co
Gulf
Texas
$ per share
9%
Thursday
Aug. *10
l
(James)—
Telautograph
17%
No par
Gould
Wednesday
32
32
Sylvania Elec Prod Inc com__No par
Symington
HIGH BALK PRICES
AND
Aug. J)
156
10%
Ltd
9
58'% Aug
$ per share
50
Swift
Dec
$ per share
(611) : 23
Tuesday
Aug. 8
10c
25
Superior Steel Corp
Sutherland Paper Co
83A
Monday
Aug. 6
Par
8V4
17'%
CHRONICLE
LOW
STOCK
$ per share
9% July 11
30% Jun
YORK
EXCHANGE
28'%
79
FINANCIAL
STOCKS
Year 1948
Lowest
&
Xl8 %
Texas Pacific Land Trust—
29
Feb
453%
Dec
10%
Dec
20 3%
May
X14%
Dec
24
May
5%
Dec
14'%
Jan
25%
Dec
46'%
Jan
123%
Apr
15% May
5%
Dec
10 3% May
34%
Dec
48% May
65% May
7
33% Feb
48
Apr 25
46
Jan
3
Texas
11% Jan
7
Textron
36
Jun
16
8
Jun
13
13% July 12
43% Mar 21
35
17
Mar
2
47%
Jan
Dec
13%
Apr
15% Jun
20
Apr
6%
19
734 Aug
24
Jun
145% Jun
7
4
32'% Aug
6 5/s Jan
19
,
preferred
Co
v
Oct
10%
393/4
Feb
85
Feb
59'% May
95% Jun
774 July 27
Jan
34% Jun
7
90'% Aug
2
13% Mar
4%
Jan
31%
Nov
19'%
Feb
32'%
Jun
195% Jun
95%
Jan
July
1023/4 May
Mar
14
3
Dec
23 7% May
55
May
Dec
13%
Jan
10
Jan
19
Nov
223% Mar
10
Jan
4
23 3%
11% Jun
13
40
10
9%
15%
Nov
Apr
1314 Jun
9
4554 Jan
19% Mar
17
Mar
15
84'% Apr 14
2% May 23
23% May 19
1047b
9
13
373% Jun
1
4
Aug 12
351% Aug 12
25% Jan 21
93/4
97%
14%;
*14%
15%
*14%
7%
7
1053%Jun
Steel
Co
15
*7
19
Jan
10
4
1,600
3,100
31
*31
31%
*13'%
13%
*13'%
13%
*13'%
13%
13'%
13%
53%
53/8
5'%
5%
55%
5%
5%
2,100
*38'%
37%
393/4
38 %
3874
*37%
38 3A
210
32
37a
*17 3%
4
17 5%
•
*73%
39'%
38
17%:
33/,
3%
3%
17%
17%
17%
39%
;
*89
*90
91%
*73/4
;
40
40
40
39%
8
*7%
33%
3%
33%
35/3
3 5%
31%
31%
*31%
32'%
32'%
22%
225%
22 7%
23
23%
No par
1043/4
104 7%
1045%
104%
_5
16 5%
17 %
165%
17%
No par
393/4
40%
39
39%
Bearing
2
11
11%
11'%
11'%
5
153%
16
155%
No par
Transue & Williams Steel
*12%
13%
13%
13%
1045%
.
*39%
900
403%
*90
91%
8
,-V
1,100
3%
33A
4,800
1
33%
335/8
35%
2,100
i
223/4
23
8,500
!
105
*1043/4
4
,
105'%
17'%
163/4
163/4
163A
17
39%
40
39%
40
39%
113%
113%
113%
11%
113%
15 5%
16%
153%
16'%
16
16%
*12%
13'%
13
13
240
39%
11'%
.•
300
;
23%
.
23
*104%
*73/4
91%'
*3%
*33
105
163/4
153/4.;
Corp
800
17% V
40
*90
33
x22%
Transcont'l & Western Air Inc:
3%
173%
8
40
91%
■7 33/4
No par
10
:
*3
50
T
7%
73/4
8
com__No par
com
31%
*31
38
3%
17'%
37%
17%
91%
*89
100
Timken-Detroit Axle
Roller
_15
31
32
31%
39
39
■
No par
com
*12%
,7/.
4,400
3,300
5,100
A
11,200
13'%
.200
'
5%
Feb
107% May
6% Feb
11
8
Aug
8
Nov
98 % Feb
10
103
Jun
13
12% Mar
107% July
19'% Aug
97% Jun
13
15'% Jan
13
173/4 juiy
25% Mar
19% Jan
3
96
313%
Dec
36%
Jan
32% Jan
6
92
Jan
100%
Jun
98% Jan
13
47% Jan
3
Jun
8% May
32% Jan
Dec
14%
Dec
12
4%
24
5%
Dec
24
24% May 16
36% Aug
8
IO21/4 Aug 12
73% Mar 14
$6
Truax-Traei
8
774
102
101%
Century Fox Film com„No
$1.50 conv preferred
No
102
11%
113/4
11%
22'%
223%
21%
22
par
36%
363%
36
36
7%
102
102
115%
11%
11%
par
8
73/4
77%
102
5
Coal Co
20th
11%
36%
11%
217%
102'%
102
102
101
101
*100
7
7
7
7
7
Jan
.8% Jun
14
10% Mar 17
Udylite Corp
17
46
Underwood
7
6%
200
400
-•
7
1,700
277%
27
27 7%
5%
5%
5
27%
27%.
273/4
5%
5%
27
27%
53%
55/8
27
55%
27
5%
220
5%
5,000
U
9%
39
Dec
59%
Jun
39% Jun
97a Mar
16%
Jun
10% Feb
8
397% May
43 % Nov
19% Jun
33% Jun
2778
Feb
37'%
Nov
103
1
874
8 5%
83/4
83/4
J.—
—No par
& Rubber Co_
5
431%
44
43%
43'%
43%
44
433/4
44
44
44
123%
12%
121/4
12%
12%
12%
12%
12%
12%
12%
23%
233/4
237a
24%''
24%
243/4
243%
243/4
395%
403%
395%
403%
39 7%
40'/a
39 5%
40
pfd $4.50 ser__No par
series
No par
No par
Union Oil
25
Union Pacific RR Co com—.
50
111%
111%
111%
1113%
1113%
1107%
*93'%
81
82%
50
50%
503/4
No par
*33%
34%
*33%
Jan
12
6
17
123/4 Apr
31% Jan
13
42
7
Union
8
Un El Co of Mo
7
Jan
Oct
110
Jun
107
Jan
6
91
Feb
98
Jun
94
Jan
13
94
Jan
13
80
Nov
90
Jan
86% Jan
7
94
Aug
5
13
111% Aug
21%
Feb
387e July
25% Jun
79%
Nov
96 % July
73% Jun.14
457s
Sep
513% July
48
Apr
16
513/4 Feb
Jan
417%
31
Mar 28
363/4 Jan
5
Union
31% Apr
5
89% Jan 21
Corp
Asbestos
Union Bag & Paper Corp.—No par
Carbide & Carbon
No par
Preferred
4%
Range Since Jan. 1
Lowest
Highest
$ per share
$ per share
22%
Dec
Nov
110%
9%
Nov
19%
Apr
10% Jun
13
57%
Nov
90% Mar
61% Jan
3
19
Jan
23'%
19% Feb
16
Jun
Oct
20% July 15
104% Jun
103
"6%
Dec
27 5%
15'%
2%
Feb
38%
Feb
29
36
Nov
Dec
41
Feb
2%
Feb
4'%
12
Dec
293/4 Jun
29% Jan
3
2V4 Jun
13
3% Apr
6
Jan
40% Jun
13
453/8 Apr
7
37% May
2% Jan
3
33/4 Jun
24
Apr
45
Jun
14% Aug
37%
Jan
463/4
Jun
34% Jun
48
Feb
58'% May
x44% Jun
16
18 3/4
Dec
23
11%
Dec
21% May
May
Jun
July
18% Feb
191/e Jun
32% May
Jun
24% May
Jun
183/4 Feb
94
Mar
12% Jun
38% Jan
18
333/4 Mar 17
4
Aug
3
7% Aug 12
65
Jan
223/8 Jan
3
22
39% Jan
20
6
20
24% Apr
13
23% Apr
11
25
7
100
28
Aug
8
8
13
104% Jan
Jan
10
183% May 12
6% Jun
6
43
May 25
17% Apr 28
3% Jun
13
17%
Dec
36
Jan
15% Jun
13
11%
Sep
21%
Jan
H3/4 Jan
3
7%
Dec
9% May
7% Jan
19
39%
Feb
53 % July
38
Jun
13
49
Jan
58
52% Jan
12
July
22%
Dec
37% May
19% May
86
Dec
94
82
37"%
Dec
49% May
May
3
20
8% Jan
24
Jan
23% Aug 10
5% Jan
21
Jan
14
8% Apr 18
49% Jan 28
61% Aug 10
253/4 Mar 8
92
Aug 11
31% Aug 12
43
Jan
26
133
Dec
137%
Jan
1121/4 Jun
13
Jan
& Fotmdry.—5
No par
58%
Jun
36% Jun
28
46% Apr
18
63%
Dec
72
Apr
643/4 Jan
13
72
20% Jun
13
24% May 14
140%
Jun
129% Jun
8
Certificates of interest
U S & Foreign
$4.50
U
26
w
i
Securities
1st preferred
No par
No par
U
S
Hoffman
S
4%%
Machinery com
preferred
Industrial Chemicals
No par
U
Leather
Co
No par
S
Partic &
U
S
Lines
conv
Co
common
class A
No par
1
common
preferred
;
—10
Pipe & Foundry Co——.
20
Playing Card Co_—
10
U S Plywood Corp common
1
33/4% pfd series A
100
U S Rubber Co common
10
4%%
U S
U S
8%
1st
non-cum
7%
U
S
7%
100
preferred
U S Smelting Ref &
50
50
Min com
preferred
Steel
Corp
common
preferred—
No par
100
.
No par
17%
Feb
19%
Jan
18.% Jan
4
21% May 19
U S Tobacco
Nov
42% May
383/4 jan
3
433/4 Feb
preferred
United Stockyards Corp
4% Mar
6% May
Dec
Dec
98%
Jun
2%
Dec
6%
Jun
8%
24
8% Jun
12% May
85%
4% Feb
14
80
Apr 29
23/4 Jun 29
22
Dec
34
Jan
21
Feb
8
16
Feb
20
Jun
12% Jun
14
4
Mar
10%
Jun
33/4 Feb
25
19
Feb
150
Feb
23%
170
Jun
May
Dec
15% May
42
Dec
70
14%
Feb
27%
9%
Dec
15% May
26% May
193/4 Jan
156
7%
21%
For
Feb
footnotes
May
«ee
Oct
page
Mar
17
5
Feb
10
43% Jan
3
7
17
Jun
8% Aug
20% Jun
24
28
8
14
5% Aug 12
10% Mar 30
87
Aug
5
4
Jan
8
25
Mar 29
17% Jan
7
73/4 Aug 12
23% July 11
170
Jun
14
10% May 18
56
July 29
5
100
U S
37
16
1
1
Freight Co
No par
U S Gypsum Co common
20
7% preferred—1__
———100
Mar 17
140% Jan
Co
United Paramount Theatres wi
21
Nov
129% Mar
Fruit
5
Cos
United Gas Corp——;
21
16% May 18
37%
121
100
Coal
United Engineering
27
57
29
Apr
Electric
May 17
173/4 Jan
175
Jan
preferred
18
x89% Jun
Jan
7%
United
9
July 26
Jun
85%
Corp—No par
22% Aug
Jun
42%
No par
Co;
Fastener
Cig-Whelan Stores com—30c
$3.50 convertible preferred
100
United Corp (The)
—1
United Dyewood Corp common
1
Unite
24
179
Dec
Carbon
United-Carr
Corp
10
United Gas Improvement Co—13 %
United Merch & Mfrs Inc.
1
113%
Dec
:
Carton
United
Dec
4%
United
—No par
10
preferred
Board &
8
Feb
19%
$4.50
United
7
Nov
Jun
United Biscuit of Amer——No par
18% Aug
8
76.
—;—1C0
preferred
543/4 Mar
92%
17% May
4%%
7
166%
54% Dec
933%
933/4
30%
81
50%
7%
Co com
25
1
non-cum
United Stores $4.20 non-c 2d
$6
preferred
conv
pfd—5
No par
United Wall Paper Inc
4% conv preferred
common—2
50
Universal-Cyclops Steel Corp—._—1
Universal Laboratories Inc
Universal
8%
Leaf Tobacco
4%%
1
com_No par
100
preferred
Universal
Pictures Co
preferred
Inc com
27
Raalte
Co
Inc
31
31%
82
82%
83
50%
51%
513%
34%
343%
35
2.50
10
21%
85%
STOCK
EXCHANGE
CLOSED
1,700
2,600
1,100
20,700
*110'%
111%
98
*93%
98
933%
31%
6,200
39 7%
111
93%
24%
395%
*93%
94
-24
j,.
H
160
270
313/a
3D
31%
83
84
83%
83%*
50 3%
,,,
51
x343%
*3§'%
343%
«
51
10,200
<
2,900
'■■■Vl 1,100
343%
400
HIGH BALE PRICES
Wednesday
Thursday
Aug. 10
21%
22
*105%
Friday
Aug. 11
108
$ per
213/4
213/«
*105
106
the Week
Shares
share
21%
108
21%
7,400
106
300
13%
13%
14%
13%
14
133/e
13%
76%
77
76'%
76 %
76%
76%
*75%
79
*75%
76%
24
103%
24%
24
*103
103'%
24
24%
103%
103%
243/a
243/a
24%
103%
*1033/4
104 3/8
43/4
5%
5%
53/4
5%
53/4
5%
33%
33%
33%
33%
33%
333/8
333%
32
32 %
323/4
323/4
32
2%
43%
*31%
32
32
3
3
4
3%
6%
6%
.
110
5%
5,100
33%
33%
700
*32
500
34%
2%
3
45
443/4
45
*44 %
45
760
4
3%
4
3%
4
110,600
65/8
65/e
7
7
7%
4
3%
400
1,600
3%
44
6 %
24
104%
3%
3
3%
3
-
44 3%
3
433/4
43%
16,400
*53/8.
53%
*33%
24
*1033/4
for
Sales
Aug. 12
$ per share
$ per share
21%
106
106
8 5%
133/8
*6%
6%
15,800
3,500
53
53
53
55
56
54
55
55
55
220
15
15%
153/8
15%
153/4
16
16
16%
15%
16
4,200
37%
38
*37%
38 %
38
38
38
38
38 %>
38%
49%
49%
49%
50
49%
49%
49%
50
49%
49%
11,900
18
18 %
17%
18%
18
18%
17%
18%
17%
18%
37,500
213/4
21%
213/4
22%
21%.
22
21%
21%
*54
213/4
900
21%
12%
12%
12%
12%
12%
12%
12%
123/4
12%
21%
21
21%
203/4
20 3/4
21%
21%
*20%
22 %
*20%
21%
*20%
21%
*20%
22
*20%
233/4
243/a
23%
245/s
24%
4,700
123/4
*30%
*20%
24%
*96
21%
25
*96
97
15
14%
102
*102
102%
101 %
*181
182
*181
183%
8
8
14%
97
14%
14%
14%
101%
24%
*96
97
97
97
*14%
14%
23%
*96
*
13,500
boo
;
213/4
24
97
15,100
20
'
14%
14%
96%
98
400
*
*45%
213/e
8%
"
4'
4
153/4
15"%
15%
153/4
15%.
19
16
153/4
15%
83/8
*7%
8 3/a
441/4
44%
44%
443/4
45
61%
61%
*603/2,
62
24%
2 4 s/8
24%
92
91
433/4
44 a
603/4,
60%
*60%
61%
23%
24%
24%
24%
*87
*88%
90
34%
35
4%
183/4
*7%
433/4
343/s
23%
*4
183/4
83/8
*7%
8%
90
47
233/4
4
343/8.
35
117%
118%
118%
118%
40%
403A
40%
118%
40%
32 3/a
35
118%
119%
181
8%
*45
23%
4
*18%
183%
8%
8%
223/a
*7 %
*87
7.
102
*181
183 J/2
46 %
4
183/4
*12%
98%
102
46
22
'
18%
8%
.
47
22
21%
'
3%
•181.
8%
*45%
47
*18%
24%
.
92
33%
119
,,
5,300
?
181 ♦'
50
8%
8%
800
*44%
46%
120
23%
23%
2,500
*4
4%
19
19%
1,400
15%
16 %
7,800
*
7%
45
1,100
8 3/8
"■
45%
3,100
*60%
613/4
200
243/a
243/a
3,700
*91
93
110
313/4
32%
16,000
118%
118%
1,100
393/4,
*39%
393/4
70
70
*70
71%
*70
72
2 3 3/8
233/4
23%
23%
23%
223%
23
23%
223/4
1333/8
1333/4
133%
133%
133-%
133%
133
133%
1323/4
20%
2034
20-%
20%
20 3/4
207%
20 3%
20 7%
20 7%
433/s
433/s
♦42'%
43%
*42%
43%
*42%
43%
*42%
43%
10
5%
5%
5%
5 3%
5%
1,200
974
93/4
1,600
*70
5
97a
72
J
5 %
10
88%
*
303/4
*70
'
5%
97s
*85
5%.
97s
*5
*93/4
*85
395%
40
71%
10
88%
V
97%
*84 VO
10
88'%
*84
1,300
100
::
23
67,500
1323/4
21
1,800
1,400
v
88'%
5
33/4
3%
88%'
33/4
3 5%
37%
241/4
24%
24%
24%
24%
*247%
25%
*24%
25%
*14%
7%
143/4
*14%
15
14%
14%
14%
14%
*14
143%
600
67%
63/4
73%
73%
10,400
*22%
23
165 * '
165
*85-
3%
24
*541/2
Van
Jan
31
83/4
13%
100
24
Co
93%
Aug. 9
21%
98
93'%
$ per share
106%
8 5%
13%
1
Vanadium Corp of America—No par
Norman
*106
87s
25% Apr 25
11% May 13
Van
98
Tuesday
Aug. 8
$ per share
21%
Corp common
5
preferred
100
United Air Lines Inc common—10
6
13
share
convertible
7
2
22
93/4 Mar 23
19
101
13
S per
Aircraft
5%
10
28%
Feb
24% Aug 11
July
May
Par
United
8
73/8 Jan
82'%
Feb
Aug
104% Jun
Feb
15%
77
27
Dec
89
14% Mar 29
28
163%
Feb
Mar 24
5'% July
9
*93'%
94
31
83%
*93'%
98
Monday
Aug. 6
$ per share
26% Mar 30
109
Jun
60
16%
14
Saturday
EXCHANGE
43/b Jun
Jan
55
*111
LOW AND
STOCK
NEW YORK
Highest
103'%
30 5% May
preferred
non-cum
Union Tank Car Co
303%
87%
STOCKS
Year 1948
$ per share
94
$3.50 series
of California-
Range for Previous
Lowest
*93%
$3.70
Preferred
15
31%
Jun
(The)
>
"
1
Co
2,900
14,300 .'I.
102'%
*99
7
Coach
11%
213/4
36%
101
Twin
11%
21%
;
37,700
280
*36
7
13
8 '■ vr
102
36%
101
4'% Jun
73/4
102
*36
No par
prior preferred
Jan
293% Mar 14
8
102'%
213/4
213/4
21%
*36-
City Rap Transit com—No par
5% ennv prior preferred-.
50
$4.50
Twin
20
7
73/4
101 3/4
common
preferred
Jun
67% Jan
Corp
1
No par
Tri-Continental
:
200
53%
preferred
Transamerica
lb7% Feb
300
67%
5%
»
preference
Timken
9
145%
63/4
13%
50
Tide Water Associated Oil
12
Mar
14%
7
5'%
Corp.No par
1
preferred
Thompson-Starrett Co
43% Mar 30
.16% Aug 10
95%
13'%
4 %
$3.75
43
9%
15
7
7'%
*41%
97%
*31%
(The)
Thompson (J R)__
Thompson Products
1
43
9%
1
_
Transit
Avenue
$3.50
*41%
.
97%-
'
77s
44
*41.
42%
7 93/4
143/4
97%
No par
common
$2.50 conv preferred
1 Third
Thomas
*41
43
7'%
7
5
403/4
No par
preference
conv
8
Jan
Ry Co
common
Fair
Thermoid
6
7% Jan
Inc
conv
$2.40
The
x395% July 18
20
Pacific
&
Thatcher Glass Mfg Co common
5
131% Aug 12
/
ctfs
share
$1.25
153/4 Jan 22
25% Apr 19
125% Jun 23
43% Jun
Sub
7%
87s
=,
3%
7%
63/4
22%
7
22'%
*22'%
166
"165
*165
8 3%
83/4
8%
-
18%
8%
23
553/4
♦54%
18%
*18%.
87s
23%
*87%
233/4.
553/4
18%
9
23%-
r
56
18%
9
23%
4
4
4
23
23
*223A
166
165%
165%
83%
87%
85%
56
19%
9
23%
*54%
19
56
19'%
P'/e
P%
237s
237s
7%
23
23
*165
166
8 5%
*55
18%
9 V*
24
87%
11,000
-
800
300
20
3,400
56
70
19
2,600
9Va
24
800
600
S
;
24
COMMERCIAL
THE
(612)
NEW
I per share
I per <hare
15% May
10
Feb
29%
20
Jan
3
Dec
94
f per
Jan
nhare
85% Mar
May
86
Peb
95
Jun
85% Jan
Deo
48%
Jun
33% Jun
96%
03
Feb
15 V*
Jun
6
82% Jun
14% Jan
3
July 18
29%
Not
34% May
29% July 27
Deo
39%
25% Jun
Dec
38% May
Apr
9
30% Apr
Dec
32%
Jan
23% Mar
Apr
32%
Jan
30
Mar 15
32
57% Aug
66
Jan
45
Jun
6
12%
15%
Jan
12
Jun
30
60% Jan 28
14% Apr
9
5
23 Vs
*84
86%
37%
98
36%
7%
7%
94%
11%
1,600
22%
900
*85
89*
91
*87
92
95%
*93%
115
*17
18
*16%
18
*16%
18
*16%
25
2®
*28
29
*28
28%
*28
29
28 Vs
*30 y2
30%
30%
0
pfd
10o
10
100
25
preferred
28
28 y2
28%
30%
28%
Apr 26
95
18
*16%
18
28 Ve
*28%
28%
100
30%
1,500
30%
30%
29
30%
28%
16,400
115%
*115
115
115
700
17%
17%
17%
17%
17%
115'/a
115
115
115
115 y2
17 '/a
17%
17'/8
17%
17%
40
2,900
94
92%
94
94
7%
7%
7'A
1,000
99
*97
98
7%
37%
37
37%
37%
*97
7%
*94
95
95
11%
*22%
86%
*87
37%
99
7%
11%
23
*85
89
*97
Shares
11 %
23
37%
98
for
Week
Sale*
the
share
23
11%
86%
*87
36%
97%
6%
6%
11%
22%
*84
88%
*86
86
98
*36%
CLOSED
share
$ per
$ per share
*30%
31
29%
*28 %
29
28
*27%
28
31%
31%
45%
29%
20
20
*27%
28
*27%
28
*27%
28
*27%
31%
31%
*31%
33
*31%
33
*31%
33
Wabash RR 4%ft preferred
100
Waldorf System
No par
Walgreen Co common—
No par
4ft
preferred
100
Walker (Hiram) G & W
No par
30
25%
29
STOCK
EXCHANGE
No par
Virginian Ry Co common
6ft
preferred
VlBking Corp (The)
Vulcan Detinnlng Co common
7ft preferred
6
Mar
31
14
100
com
Va Iron Coal & Coke 4%
12
33% Apr
24%
28 Y«
$5
23% July 14
32% Jan
27
preferred
dlT partlc preferred
Virginia Elec & Pwr Co com
14
11%
23
86%
6%
21
Feb
118
11%
*84
preferred-.—100
Va-Carollna Chemical
17% May 16
3
29
11%
23'/a
11%
23
com_100
Pacific Ry
non-cum
3%%
8
Jan
118
17
15% Jan
113% Jun
Aug
share
$ per
2.50
Victor Chemical Works common—5
11% Jan 21
Jun
23
Dec
98
Jun
117%
5%
1
26
7
5
18% May
Jan
Feb
90
Jan
Co
Vicks Shreve &
10
91
Apr
14% July
124% July
14% Not
109
Feb
38 % Jan
17
Oct
Vlck
% per share
Vertientes-Camaguey Sugar Co—6%
89
5
32%
Par
6
3
Aug. 12
Aug. 11
Aug. 10
$ per share
$ per
Friday
Thursday
Wednesday
Aug. 9
Aug. 8
Aug. 6
13 V* Jan
Chemical
HIGH tALi rmiCES
Tuesday
Monday
Saturday
23% Aug
5
85
7% Mar
RECORD
LOW AND
STOCK
I per share
10
19 Mi
YORK
EXCHANGE
Lewect
Hifhect
12 V* July
85%
NEW
Range Since Jan. 1
Highcet
Year 194#
Deo
STOCK
STOCKS
IU|«fU Pr»Ti*u
Ltwect
;
YORK
Monday, August 15, 1949
CHRONICLE
FINANCIAL
&
*46%
47%
47
46%
46%
*46%
47%
700
~20
W
Dec
35%
Dec
28
100 V*
105
Apr
101
;
27% May
Xl8% Mar
13
31
May 19
105
257a Jun
Jun
Aug
21V* Jun
.67a Jun
Aug 11
Jan
8
257a Aug
1
97a Jan
14
15 Va Jan
21
101
Jun
x87% Jun
14
94Va Feb
3
9V* Not
14
May
9% Jan
3
12% May
4
13% May
8% Feb
xl2
167a July
22
187a Jun
1
7
14
25 % Feb
22% Jan
27 %
Aug
23 Va Jun
27
25
Jan
11
12%
Deo
2074 May
117a Jun
14
14
Jan
24
16%
'
Sep
16 Va Feb
10
18 % Aug
Jan
117a Apr
21
674 May
26
Sep
34%
Not
86%
37a Jan
3
13
277s Jan
7
July 13
84% Jan
24
Jan
78
23 Vs Jan
26% May
167a Jun
14
13%
1974 July
147a Jan
3
114
Jun
108% Mar 22
11674 Aug 10
119%
104% Mar
*113% Apr
Jun
113% Feb
103% Mar
111%
105% Not
113
100%
107
Oct
103% Feb
Oct
Jun
107
Jun
105
8
Apr
18
Apr 25
111% Aug 10
Jun
14
1087s Jan
26
113
1017a May
105% Aug
8
4
177a Jan
20
Oct
517a
Jun
110%
Jun
104
10% May
5
16% Apr
38% Feb
100%
2
13% Mar
2274
Feb
5% Nor
14
41% Jan
24
May 12
108% Jan
24
7% Apr
11
Feb
Deo
46 V* May
22% Mar
16% July
38 7e July
32% May 23
8% Feb 24
417s Mar 12
7% Mar
21% Jun
14
29% Apr
8
25%
36% May
20
Jun
13
30
Jan
24
537a Jun
6
68% Jan
26
34%
Not
58 Va
Dec
74% July
15
Dec
26
397a
29% Nor
13
May
May 31
21 Va Jun
Jun
13
127/s Jan
20
Mar 30
17
347a Jan
7
23%
Dec
33 Va
Jun
207a May 31
27
Jan
71
85%
Feb
957a
Apr
907a Jun
3
97% Aug
4
91%
Feb
101%
Jun
98% Feb
15
217a Jun
7
40%
Jun
25
Dec
80
Jan
37
Mar
83
Mar
23
Feb
Dec
247a May
13%
115
102
July
Mar 30
Oct
92
Jan
71
27%
Jan
July
23% Mar
12% Jun
26% Jan
11
10774 July 27
487s Jan
27
5
12
2
27 Vs Apr
26
13
Feb
22% July
18 % Jan
3
Feb
9
Aug 11
89 Va Jan
31%
Nov
28% Feb
8
Feb
19%
Jun
9%
27%
104
13
297a Jun
57%
7% May 31
167s Mar 30
257s Apr
11
3274 Aug 10
11 Vs Jan
12
8
13
May
4Va Jun
6
7% Jan
Mar
65% May
X427a Jun
22
56% Jan
Not
8% Jun
15
12% Mar 10
Dec
17% May
88 Va Jan
70
Jun
21
Dec
19
10
Jun
6
6% Mar
51
10%
•> 69
12%
14%
12
Jan
Dec
18
Dec
X138
Feb
14% Jan
Jun
125
■ii 28
13%
Deo
14
79
Apr
17
187a May
134
5
Aug 11
Jan
4
22
Jun
2
34 Va Jan
49%
58% Deo
128
Oct
Jun
44% Jan
3
497a
25% May
::
Jan
11% Jun
14
15% Mar 30
x59 % Feb
24
68
81%
Feb
10
July 29
Aug 12
*62
Not
94
May
64
Jun
10
72% Apr
7
58
Jan
9674 July
68
Feb
25
79
Jan
10
60% Mar
8
22
Feb
9
8% Feb
25
747/a Aug 11
69
July
11% Jun
Dec
66
347a
Mar
19% Jun
15
24
Jan
20
Jun
13
12% Jan
7
Jan
10% Feb
16% May
37
Dec
48
8
30% May 13
May
97a Jan
7
39% Jan
24
Oct
167a Jun
17
22
Aug 12
Deo
89%
Oct
53% Jun
13
74
Jan
28
13%
Deo
X19% May
10% Jun
28
147a Jan
6
Feb
3%
Dec
•Bid
x
35
207a July 12
July
67a May
and
asked
Ex-dividend,
y
3% Feb
prices;
no
sales
9
600
1,000
18%
18%
*18%
18%
*18%
1834
*18%
I8V4
15
143/4
15
14%
Instrument
on
14%
*14%
14%
14%
14%
1,100
5 Vs
53/8
53/a
53/a
5%
53/a
2,500
233/4
23 %
23%
23
23 Vs
22%
23
80%
81
80%
80%
80
81
19%
19 Va
193/8
19 %
19%
19%
19%
2,600
23%
114%
24%
24%
24 Vs
24%
24 Vs
243/a
45,400
115%
116%
1163/4
116%
116
116%
840
115%
81%
115%
116
116%
116 %
1163/4
116
116Vs
660
110%
111
111%
111
111%
110%
111
850
111%
111%
111%
150
*81
19
19%
19%
23%
24%
23%
*114
114
114
115 Vs
115%
109%
110
—
*111%
111%
111%
111%
*111%
107
107
107
*
107
*105%
105%
105 V*
*104%
105 V*
*1043/4
105 V*
*1043/4
14%
143/B
14%
14%
14%
14%
14%
14%
39%
39%
*39%
40%
107'%
107%
108%
108%
7%
63/4
6%
6%
37V4
373/8
*36%
37%
4,300
10%
11 Vs
10 3/4
10%
*23%
243/4
*23%
24%
*23%
243/4
100
25%
25%
25%
25%
253/4
25%
*25 %
253/4
1,200
60 V*
60 V*
61%
61%
63 %
*
63
65
*60
13%
27%
26%
27
24%
24%
97
97
14%
14
14 Va
27%
27%
27%
28
24%
243/4
25 Vs
24%
25%
243/4
97
97%
96%
96 %
98
97
97
103%
103%
103 %
104
104
104
*103 %
*97
*103%
24
24
24
*106
115
108
6,900
210
200
200
24
111
220
35 V*
34%
35
3,300
*108
36
37
36%
36%
36%
36%
35 Vs
79%
79%
79
79%
79%
793/a
79
79
78
78%
25 %
25%
25%
25%
26
26
26
26
*26
26%
500
14
14 Vs
14
14 Vs
13%
14
14
14
13%
133/4
4,600
22%
21%
22
21%
22
21%
213/4
6,900
33
21%
22%
32%
32 3/s
*32%
323/4
32%
32%
323/4
*323/8
9%
9%
9%
9%
93%
9%
*9%
9%
9%
5
5!/e
5
5 Vs
5
5 Vs
5 Vs
5
380
9%
5
5
'
44%
45
44%
11%
11%
11 3/8
*74
*74
76%
10%
25%
X48 %
II
*134
135%
25%
X10%
76%
11
11
11
17%
17%
17%
*134
*25%
26
14
*67%
6,200
300
11%
173/4
800
„
4,900
*135
137
10
26
26
500
49 Vs
48%
48 3/4
48%
49 Vs
49
49%
49
49%
7,600
143/a
14
14%
14 Vs
14 %
14%
14%
14%
14%
3,800
•
Machinery common
No pa*
Prior pfd 4'Aft series
-100
Prior pfd 4% ft conv series—100
Wright Aeronautical
.—Nopal
700
11
76%
26%
134
134
135%
25%
800
10,300
44%
17%
17%
26
44%
*74
*10%
11
17%
135%
*25%
.
300
33
11
11%
*76
10%
173/4
*134
10
44%
44%
11%
74
11V4
74
76 %
10%
17%
10
100
11
18
44%
44 %
44%
11
10
Co
Iron
7,100
14,300
104%
*23%
111
*108
108
*103%
24 V*
24 Vs
243/8
*24
115
,
X26%
200
14 Vs
143/a
14
27%
25 V*
14
60 V*
25
14
14%
27 %
*67%
69
.
30
*68%
69
*68 Va '
69 Va
68
68
"*67%
69
68
*67%
68
69
69
*71
7234
72%
72%
240
76
600
20
67%
*67%
*71 %
723/4
*71
72%
*71
72%
No par
———I
Wrigley (Wm) Jr (Del)
Wyandotte Worsted Co
67 %
68
73 Vs
73 %
73%
74%
*74%
74%
74%
74%
*743/a
9%
9 %
*9%
9%
9%
9%
9%
9%
*9%
9%
21
1
21%
21%
22 Vs
22%
22 Vs
22%
1,800
9%
9%
93/4
9%
9%
9%
93/4
9%
9%
10
3,700
353/8
*35%
35%
35%
35%
*35%
35%
*35 V*
Mfg Co—
common
21%
22
22
22
500
200
35%
50
353/8
Young (L A) Spring & WIre.No Pa*
Youngstown Sheet & Tube—No pax
21
21 Va
21%
21%
21
21%
213/a
21%
22
22
2,800
64 Vs
64%
64
64%
X63%
64 %
63%
64%
63 Vs
63%
8,300
Youngstown Steel Door
11%
11%
11%
11%
11%
11%
11%
11%
11%
11%
1,400
253/4
26%
26
26%
25%
25%
4,900
3%
3%
3%
3,400
4% %
preferred
conv
No pas
Zenith
Zonlte
Radio
receivership,
Corp
petition
or
23%
No pa*
1
Corp
Products
has
been
filed
3%
for
25
24%
3%
4
a
reorganization,
company's
■
25%
4
Deferred
delivery,
3%
4
3%
sale,
Cash
r
s
Special sales,
wd When distributed.
Ex-rights.
Exchange
Transactions at the New York Curb Exchange
Daily,| Weekly and Yearly
Daily, Weekly and Yearly
Stocks
Railroad
Shares
United States
Bonds
Bank
Foreign
Bonds
Bonds
Saturday
Stocks
Total
Government
Int'l
Number of and Miseel,
Week Ended Aug. 12,1940
Bond
Bonds
Monday
■\ Tuesday
1,656,600
$4,012,000
$340,500
252,000
Saturday
Foreign
Foreign
of
Domestic
Shares)
Week Ended Aug. 12,1949
Closed
Bonds (Par Value)
(Number
Sales
—
-
,
1,200
11
11
11%
23%
25%
25%
No pa*
Co
Transactions at the New York Stock
1
36%
36%
10%
23%
•
I
3,900
11%
*59 %
*23%
70
7
24%
10%
*23
*106
500
40%
108%
6%
37%
37
36%
60
2,400
14
*39 %
6%
6%
7
10
104%
*107%
40%
109
460
14%
104%
105 V*
2,900
107%
*106
107
1
20
com
Woolworth (F W) Co
Worthlngton Pump &
7
tin
105 %
22 Vs
Co
Wisconsin Elec Power Co com
6% preferred
15
day.
111%
112%
*105%
36%
100
143/4
82
23%
23%
81
1
$4.25 preferred
Jan
this
*24
*109%
23%
12.00
Co
Vs;
5%
5%
5%
5%
1
__j.
Sewing Machine
preference
4,500
18%
*18
Willys-Overland Motors com
1
$4.50 canv pfd series A
No pa*
Wilson & Co Inc common
No pa*
4% Jan
32
18
13%
|.
19%
17%
18
Xl7%
18
24
24%
Wheeling & Lake Erie Ry
100
Wheeling Steel Corp com
No pa*
$5 conv prior pref
No par
White Dental Mfg (The 68)
20
18
157a Feb
65%
17%
*23%
900
20%
*20 V*
13%
2nd pfd
No par
series A
100
Western Union Teleg class A_No par
Westinghouse Air Brake
No par
Westinghouse Electric com
12%
3%% pfd series A
100
3.80ft pfd series B
100
Towne
20%
13%
Pacific RR com
Corp
203/8
24 Vs
non-cum
ft
20 Va
13%
Preferred
York
20 Vs
1,300
24 Vs
6%
Yale
13,100
13%
133/8
-1
10
100
100
Woodward
11
13%
13 Vs
Western Air Lines Inc
Western Auto Supply Co__
Western Maryland Ry com
Wilson-Jones
10%
20%
40%
Oil
10
11
13%
18%
*107%
White
93
10%
13 Vs
40%
Prior
Wilcox
*92 %
11
24
107 %
Motor
93
10%
13%
17%
40%
White
*92 V*
13 Vs
107%
Elec
93
24
100
Weston
13%
*92%
18%
preferred
4%
7%
*13%
13
pfd
100
preferred series B
100
4.10% preferred series C
-100
West Virginia Coal & Coke
5
West Va Pulp ft Paper com_No par
Western
4,500
24
4.20 ft
4% ft
8Vs
8
13
West Penn Power 4% ft
2
13% Jan
377a
41% Not
6ft
25
357a Jun
preferred
preferred
2,900
"
17%
No par
No par
-100
100
7ft
7%
7%
120
253/a
253/a
8 Vs
500
105
*103
253/a
23%
No par
117% July 11
25
105
253/8
25 %
3
West Penn Elec Co com
Class A
247s Aug 10
*104
104
No par
•
$4 conv preferred
West Indies 8ugar Corp
21
19% Mar
Feb
20%
20%
1,100
29%
11 Vs
20%
No par
14%
x29%
7%
10%
Wayne Knitting Mills
•
Wayne Pump Co
1
Webster Tobacco Inc
5
Wesson Oil & Snowdrift com—2.50
9
xl9 Va Jun
Aug
x80
HVs
*13%
13%
13%
*92 V*
11
14
31
93
7%
13%
92%
0
Petroleum Corp
Washington Gas Light Co
Waukesha Motor Co
157a Jan 25
57a July 15
•
•
7%
IV*
13 Va
92%
13%
31
25%
253/8
25 Vs
900
14
30%
104
104 %
104
25%
'
j
22
Dec
3% Dec
14
,
30%
Dec
13
Jan
32
3474 May
30%
105
25%
l
Warren
Jun
Jan
Not
30%
*104
46%
133/4
30%
14
303/4
*30%
100
5%%
preferred
Warner Bros Pictures
Warren Foundry ft Pipe
20 Vi
22
14
No par
Co
Ward Baking Co common
'
xl9% Not
•
Walworth
7
Jun
x83% Mar
10% Mar
29
8
46
13%
14
:
$5,000
$4,357,500
~4"66o
2,819,800
Tuesday
2,864,000
Wednesday
2,703,000
Thursday
227,195
Government
Corporate
Total
Closed
2,714,000
1,278.560
2,454,000
358,800
1,031,180
2,582,000
282,000
770,790
Total
5,876,030
2,383,000
$14,145,000
~5~666
315,000
$1,548,300
$8,000
1949
of
1948
$9,000
$15,710,300
Jan. 1 to Aug. 12
1949
3,949,448
142.309.099
200,712,570
$101,000
$10,000
$316,000
234,000
56,000
1,000
291,000
136.000
15,000
112,000
55,000
~5,O6O
174,000
10,000
2,000
186,000
$861,000
$237,000
$18,000
$1,116,000
.
Week Ended Aug. 12
1948
shares
5,876,030
Total
I——
$205,000
1,373,990
—
265,355
306,150
2,966,000
$3,000
Week Ended Aug. 12
Stocks—No.
366,330
208,960
1.138,900
Wednesday
Thursday
Friday
1949
Stocks—No. of share a.
1948
151,000
Jan. 1 to
1949
172,000
Aug. 12
1948
1,373,990
966,736
34,278,041
$861,000
$661,000
$21,698,000
$34,337,000
237,000
152,000
-6,627.000
6,270,000
18,000
22,000
1,136,000
1,276,000
$29,461,000
$41,883,000
49,942,804
Bonds
U.
8. Government
International
Bank
Railroad
r
$9,000
$3,000
$395,000
$753,500
& Industrial
Total
8,000
32,000
840,000
3,448,000
1,548,300
Foreign
726,500
56,716,970
55,942,180
14,145,000
12,732,000
433.437.100
$13,493,500
$491,389,070
$697,699,580
Bonds
.
637,555,900
$15,710,300
Domestic
Foreign
government.
Foreign
corporate.
Total
$1,116,000
$835,000
Number 4829
Volume 170
THE
COMMERCIAL &
Bond Record
italic
letters
In
the
column
headed
WEEKLY
-
"Interest
Period"
Range for Previous
GOVERNMENT
Year 1948
Range Since Jan. 1
Lowest
llighest
101.11 May
105.1
Sep
Sep
108.28 May
108.13
9
Jan~26
101.11 May
110.23 Mar 11
101.18
Dec
102.22
Feb
108.13
9
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Jan~26
110.23 Mar 11
_
102.23
Sep
102.23
Sep
101.7
Sep
101.11
101.19
Jun
101.19
Jun
102.1
Mar'll
104.6
100.24 Mar
Agu~10>
100.25
Jan
103.8
July 25
103.8
July 25
100.23
Jan
100.26
Apr
100.23
Sep
100.24
Sep
104.9
100.16
Sep
100.7
Jun
Oct
100.27
102.26 May
Oct
100.7
102.26
May
May
100.23
Jun
100
3
9
Feb
102.31 Jan
104.9
101.13 Jun
103.2
100.18 Jan
6
101.28 Jun
100.28 Jun
14
102.30 Feb
9
May
100.13 Jan
20
100.17 Feb
9
100.2
Feb
100.21
Oct
100.21
Sep
105.4
3
24
Aug
2
30
Aug
8
July
101.3
Jun
6
101.13 Mar
100.21 Feb
101.7
100.31
100.30
100.7
Dec
Sep
Sep
July
July
101.19
Oct
101.8
100.16
Jan
26
14
100.21 Feb
101.18 Feb
9
101.8
Jan
9
Jan
98.30
May
98.24 Jan
101.2
94.14
Jan
99.30 May
99.11 Jan
102.10 Aug
Low
High
Period
100.29 /
•100.27
100.29
100.29
*100.27
100.29
*100.27
*104.13
104.16
*104.13
104.16
*104.13
104.16
*104.13
104.16
*104.13
*109.18
109.22
*109.18
109.22
*109.21
109.25
*109.22
109.26
*109.22
109.26
103.16
♦
Low
High
100.27
103.16
*103.13
103.16
*103.13
103.16
*103.13
EXCHANGE
*110.24
110.28
*110.22
110.26
♦110.26
110.30
♦110.26
110.30
♦110.26
110.30
1958-1963
CLOSED
*111.24
111.28
*111.22
111.26
♦111.26
111.30
♦111.26
111.30
*111.26
111.30
*113.6
113.10
*113.4
113.8
*113.6
113.10
*113.6
113.10
*113.6
113.10
*100.20
100.22
♦100.20
100.22
*100.20
100.22
♦100.20
100.22
1960-1965
1949-1953
2%a.
*lO0.2O 100.22
-1950-1952
*101.27
*101.27
*101.27
101.30
*101.27
101.30
*101.27
101.30
103.11
*103.10
103.12
*103.10
103.12
*103.10
103.12
*103.9
103.11
106.18
*106.15
106.17
*106.15
106.17
*106.15
106.17
♦106.15
106.17
*104.25
104.27
*104.22
104.24
*104.20
104.22
*104.22
104.24
*104.22
104.24
*104.8
104.10
*104.5
104.7
104.6
*104.5
104.7
*104.5
104.7
*103.28
103.30
♦103.26
103.28
*103.23
103.25
*103.26
103.28
*103.25
103.27
1952-1954
1956-1958
101.29
*103.9
*106.16
2 Vis
2%e
2 Via
1962-1967
2 Via
1963-1968
.
2 Vis
Jun 1964-1969
101.29
104.6
2 Via
Dec 1964-1969
*103.24
103.26
2 Via
*103.22
103.24
*103.20
103.22
*103.22
103.24
*103.22
103.24
1965-1970
*103.21
103.23
*103.19
103.21
*103.17
103.19
*103.18
103.20
*103.17
103.19
2%s
1966-1971
103.19
*103.15
2Vis
*103.19
103.21
*103.17
103.17
*103.17
103.19
*103.16
103.18
*103.2
103.4
*103
103.2
*102.28
102.30
*102.29
102.31
*102.30
103
*105.24
105.26
*105.21
105.23
*105.18
105.20
*105.20
105.22
*105.22
103
*102.28
102.30
*102.29
102.31
*102.30
103
-Jun 1967-1972
—
2Via
-Sep 1967-1972
2Vis
-Dec 1967-1972
2 Vis
103
—1951-1953
103:
103
.
103.8
*103.5
103.8
*103.5
103.8
*102.29
102.31
*102.29
102.31
*102.29
102.31
2Via
*102.29
102.31
*102.28
102.30
1954-1956
*105.30
106.2
*106
106.4
•106.2
108.6
•106.2
106.6
*106.2
103.6
1956-1959
*105.6
105.3
*105.5
105.7
105.4
105.4
*105.5
105.7
*105.5
105.7
*102.28
102.28
*102.24
102.26
*102.22
102.24
—Dec 1959-1962
*102.24
102.26
*102.24
102.26
*102.25
102.27
•102.23 102^25
*102.21
102.23
*102.23
102.25
*102.23
102.25
100.4
-Sep 1949-1951
*100.3
*100.3
100.4
100.4
—Dec 1949-1951
•100.3
100.14
*100.13
100.14
*100.13
100.14
*100.13
100.4
100.14
*100.3
*100.13
-Mar 1950-1952
*100.13
100.14
*100.19
100.20
*100.19
100.21
*100.19
100.21
*100.19
100.21
*100.18
100.20
101.2
2a-
-Sep 1950-1952
100.4
*100.3
*101
101.2
*101
*101
2a
101.2
*101-
1951-1953
*101
101.2
*101.23
101.25
*101.23
101.25
*101.23
2s
Treasury
Treasury
101.25
1951-1955
*101.23
101.25
*101.23
101.25
*101.30
102.1
*101.30
102.1
*101.31
102.2
*102
*102
102.3
Jun 1952-1954
102.3
*102.7
102.9
*102.7
102.9
*102.7
102.9
Dec 1952-1954
*102.7
102.9
*102.6
102.8
*102.15
102.17
*102.14
102.16
*102.15
102.17
*102.15
102.17
*102.14
102.16
Treasury
28^
Treasury 2»__
Treasury 2s
IVis
Treasury
1953-1955
v
'101.2
104.10
*104.4
104.8
*104.4
104.8
*104.4
104.8
•1C4.4
1048
*100.19
100.21
•100fl8
100.20
*100.13
100.20
*100.18
100.20
*100.18
100.20
1957
*101
101.4
*101
101.4
*101
1972
*102.4
102.8
*102.4
102.8
for
July 14
10-year 2%b
12
.
25-year 3s
12%
due June 1949-51 called
June
15
at par,
FOR
2%
WEEK
101.4
*101.2
101.6
*101.4
102.2
*102.5
102.10
102.10
ENDED
AUGUST
a
Odd lot transaction,
or
Sale Price
Friday's
Bonds
Bid & Asked
Friday
Range Since
Sold
No.
High
BONDS
Jan. 1
Low
1067s 1077a
r
Interest
New York Stock
Last
Week's Range
Bonds
Friday's
or
Period
Sale Price
Bid & Asked
High
Low
15
J-D
—.
*61%
106}$
58
J-D
61%
m
,
lainii
mi
1-11''
—
--r-n
-mm-"
|,
"inn
-
*61 %
*61%
63
*61%
*61 %
J-D
*61%
Series No. 25
(Dominion
25-year
3 Vis
-
.
m
;
|
t
-r
mm>
||
J-D
1-nil
mi
J-D
(King of Norway) 4s
iAAntioquia (Dept) coll 7s A
1968
*61
J-J
fAExternal
s
series B
1945
s
f
7s series C
1945
J-J
fAExternal
s
f
7s series D
1945
J-J
f 7s 1st series
1957
A-O
series__1957
s
AExternal
sec
AExternal
sec
Antwerp
(City)
7s
s
s
f
7s
2d
f 7s 3rd series—1957
external
5s_
_1958
Australia
(Commonw'lth) 5s of '25-1955
10-year 3%s
1956
J-J
1957
20-year 3 7zS
1967
J-D
20-year 372S
1966
J-D
1962
s
External
s
fABrazll
(U
f
6s
f
7s
S of)
F-A
1949
Belgium external 672s
External
J-D
——
J-J
37 %
44%
4
37%
45
45%
3
37%
45%
45
2
43%
5
45 %
s
~1
43%
37%
99
99
100%
195
99
103%
93%
93%
941/a
20
90
97%
94
93%
94
31
89
957/s
89
89%
45
85%
92%
90%
90%
90%
25
85
93%
89
89
90%
71
84%
93%
—
_
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s
1979
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1952
External $
bunds of 1944
(Plan
3%s Series No. 1
1979
B)
-
3 Vis Series No. 4-
50
52
74
—
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7
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70
6
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43
i
.
3%s Series No. 7
*63
~
--
46%
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49
49
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64
1
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106
10
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1960
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——
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J-D
61 i/i
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7
-
SECURITIES
FOREIGN SECURITIES SPECIALISTS
Broad
St., New York 4,
58
3
65
59
__
61%
65
55%
66
Telephone HAnover 2-0050
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2
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50
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3
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__
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1961
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34
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__
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„
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— —
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64
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_____
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13
_Jan 1961
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11-
page
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1013/4
•,
55
2
10
see
46
50
3Vis Series No.
footnotes
54
J-D
14
101
72
50
3Vis Series No.
For
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101
71
6
J-D
3%s Series No. 8
J-D
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9
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61
V
38
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f $ bonds
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63%
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1960
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-
58
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-
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J-D
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71%
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59
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1960
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3%s Series No. 3
3 Vis Series
120
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1951
3%s Series No. 2
•
112
115
80
68
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1950
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1958
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70
65
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63
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3Vis Series No. 26
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17
3Vis Series No. 30
F-A
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NY
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No.
3 Vis Series No.
1077a
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Broadway, New York
Range Sinee
*
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*
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3Vi8 Series No. 16
104
Members New York Stock
Exchange
102.10
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12
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102.2
due September 1949-51 called Sept. .15 at par.
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'
*104.6
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3
—Jun 1959-1962
3 Vis Series No. 22
sink
•*10
*103.5
3Via Series No. 23
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103.8
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1947
104.16
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|AGtd sink fund 6s
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103.16
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Agricultural Mtge Bank
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120
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10612
2-2300
the Week
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1956-1959
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Aug. 11
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Aug. 10
High
3 Via Series No.
Telephone
Sales for
"
■
Low
Transit Unification Issue—
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'
•■vf,/ Friday
Thursday
Wednesday
Tuesday
Aug. 9 ■"
Aug. 8
1951-1954
City
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the
*103.5
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f
v
1951-1955
RANGE
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when
point.
103.S
Friday
Interest
Exchange
month
a
*103.5
9
No sales transacted this day.
New York Stock
of
Reconstruction & Development
94.10
|
Aug. 6
1949-1952
International
BONDS
the
case
32d
more
1952-1955
26
101.18 Feb
or
2Vis—
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-
3a
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101.26 May
101.18
9
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one
1955-1960
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Treasury
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Oct
100.31
103
14
Feb
7
100.4
Mar
100
101.7
102.13 July
Mar
14
Feb
101.12 Feb
101.12
101.14 Sep
.
in
Saturday
STOCK
3 Mi8
,
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Jan
102.31 Jan
YORK
EXCHANGE
105.28 Mar
107.4
NEW
'25
LOW AND HIGH SALE PRICES
BONDS
'
Highest
(613)
YEARLY
-
Indicate
Figures after decimal point represent
Lowest
CHRONICLE
New York Stock Exchange
«»
FRIDAY
The
FINANCIAL
29
43/4
7Vi
;
26
Monday, August 15, 1949
COMMERCIAL & FINANCIAL CHRONICLE
THE
(614)
YORK
NEW
range
RECORD
BOND
week ended august 12
for
Friday
Friday
Interest
BONDS
Period
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or
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Oct 1961
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.
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104%
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1955
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76
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43
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17
1958
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1937)
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1968
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1960
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1977
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1978
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1984
1958
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1958
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37
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33
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1
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60
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debentures
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Mexico
56%
7
*100% 100%
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100
102
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1945
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1922
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12
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,___
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1952
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1959
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1957
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38
—
—
38
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s
__
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96
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93
88
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—
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102%
1
—
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__
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13
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21
42
17%
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14
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1940
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s
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1947
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1963
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J-J
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15
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2001
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;_1999
26%
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1
—
—
29
1
40
—
26%
1
*43
A-0
1968
92
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109
113
102%
4
122%
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103%
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54
101 %
105%
98 Vi
98 Vi
93%
14
93%
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1st 4s__1948
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59
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72
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27
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1966
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2
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59
441/2
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84
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71
80
83
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91
56
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fixed
due Dec 1 1995
49 %
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53
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70
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63
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17
59 Vi
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44
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39 %
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7
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43
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74%
73
due Dec 1 1995
J_
income
conv
series
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Feb 1 2010
A
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For footnotes see page
29
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s
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95
95
100
__
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12
1
—
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119%
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1979
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1955
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101
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83
83
87
101
—
101%
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74
75
18
74
45
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102
1969
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1976
:
J-J
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5
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1
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27
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102
48
*100%
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—
94
94
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106
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3
91 Vi
105
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102
99
105
29%
45
57
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53
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32
33%
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1957
1955
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Caniornia
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37
34%
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35
38
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27%
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Power 3 Vis
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cons
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28%
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99 Vi
102
—
96%
13
95 %
114% 114%
13
113%
102%
103%
104%
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4%s
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gold 5s
gold
24%
J-J
A-O
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Oct 1969
_1970
115%
105 is
105 Ji
105 &
34
105%
107%
106%
106% 106%
1
106%
103%
112% 113%
12
112%
113%
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2004
J-D
A-0
28%
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1
27
29%
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49%
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*52
29%
27%
_2
49%
—
v
—
29%
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54 %
53
55%
.
2001
M-N
43%
1957
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*52%
44
2
—
—
.
1
34%
44
46
54
gold
gold
43/4S
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112% 112%
6
112
113%
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2004
gold
4%s
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105% 105%
3
105
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44
93%
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27
106%
103%
Canadian
4%
2012
M-N
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1999
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44
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—
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47
55%
66
41
1
—
65
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79
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66
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69
69
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2
41
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&
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gtd 4s
Corp
1st
of
1965
M-S
103% 108%
J-D
*53%
_
*103
1960
1960
debs__.—
(1947 issue)
F-A
*100
J-D
77
77
60%
61%
J-J
Jan 1 2020
Jan 1 2020
A-O
*63
rMay
1966
61%
May
43%
42%
*108 Vi
37
—
101%
75
77
55%
67%
64
€5
43%
101%
IOIV2
2
1031/4
991/4
101
1948
62
102%
*100% 101
Georgia Ry—
Gen mtge 4%s ser A
Gen mtge 4Vis ser B
Illinois Light 3%s
59%
59%
103 %
A-O
F-A
_1965
mtge 4s ser A__——.—___.—1995
Central
94%
J-J
1981
3s debs
Corp 3%s
debs
96 %
-
Ry—
5 A Cent Branch U P 1st gold 4s
Central
1999
Pacific
conv
Celotex
1950
Stamped pursuant to Plan A
(Int reduced to 2.5%)
J-J
1951
4s
M
stamped
Creek
29
33
—
1938
8s
Stamped pursuant to Plan A
(Int reduced to 2,5%
CO.
65%
64%
Buffalo Niagara El 1st mtge 2%s__1975
Rochester & Pgh Ry—
A
1952
Stamped pursuant to Plan A
(Int reduced to 2%)
83
1951
ref
&
Guaranteed
1952
2.25%)
__
Buffalo
27%
39
M-N
1980
1st
mtge 5% ser A
fxd & 1%% cont int)
1980
Guaranteed
2.25%)
8s
(State)
113
14
J-D
2%s
2012
(Int reduced to 2.375%)
A6Vis extl secured s f
Paulo
128%
56
Gen
27%
38
Stamped pursuant to Plan A
lASan
--
128
contingent interest)—
Calif Oregon
1926
6Vis
(City)
81%
C I T Financial Corp—
2%)
of
to
70
—
J-D
Bklyn Union Gas 4s debentures
14
40
(State of)—
to
72
118
128
M-N
1st
.
J-J
2013
1967 stmp pursuant to Plan
(Int
A-0
80
*69
--
M-S
Bristol-Myers Co 3s Debs
Bklyn Union El 1st gold 5s
A
reduced to 2.5%)
external sink fund gold
(Int
A-O
Telephone of Pa 5s series C—1960
1st
9%
141/4
Stamped pursuant to Plan A
7s
79Vi
Q-J
Boston & Maine RR—
21
19%
Stamped pursuant to Plan A
■
105
79%
M-S
Cons
20 Vi
(lnt
.,
B
ser
Cons
40
20%
loan
102%
5
July 1975
Cons
94
20%
reduced
12
104%
M-S
4s
103
J-D
(City of)
external
104 Vi
104% 104%
A-O
due Mar 1 2000
Bethlehem
Stamped pursuant to Plan A
(Int
103
due Mar 1 1996
3%s
M-S
|A8s extl loan of 1921
A7s
12
K
1st
110
1961
Stamped pursuant to Plan A
f
1041/a 104%
A-O
110%
M
Beech
I960
(lnt reduced to 2.375%)
AExternal sec 6Vis
A6s
112%
Series
Con
97%
89
2
102% 102%
m-S
(lnt reduced to 2.375%)
—2001
7Vis 1966 stmp pursuant to Plan A
V:
dnt reduced to 2.25%)
2006
lARio de Janeiro (City of) 8s
1946
Stamped pursuant to Plan A
V
107 Vi
106%
Bangor & Aroostook RR—
93%
83
91
*96
J-D
A-0
1959
1st
fund
Rio Grande do Sul
101 Vi
1,195
103
Toledo Cincinnati division
97%
95%
ser
to
3%
(3%%
96%
f 6s 2d ser
f 6s
reduced
,94
97
luu
IIIV2 112%
1964
S'western
'
(lnt
47,.a
92
112%
July 1952
30
95
1967
Stamped pursuant to Plan
,
27
100 %
105 Vi
1031/4
J-D
4%s A
A4%s
35
96
1947
7s
A 4 Vis assented
APorto Alegre
100% 101%
88%
101 Va
Pgh Lake Erie & West Va—
2
95%
1994
assented
AExternal sink
100
941/2
72
33
M-N
Beneficial Indus Loan 2%s debs
lAPoland (Rep of) gold 6s„
A4 Vis
99
57
253
283
1963
30
95%
1963
2.125%)
SAStabilization loan
:
A4%s assented
97 ~
107 %
July 1 1995
39
95%
1970
external 7s__
ANat loan extl
101%
96%
Air Line Ry—
37
Stamped pursuant to Plan A
to
99 Vi
99% 100 Vi
104 Va 1051/2
106
1966
25%
--
F-A
1955
ref 3Vis series B
reduced
105
Series
1
1
Bell
(lnt
92
100%
106% 107%
July 1995
25%
29%
A-O
1957
f 5s
s
(Republic)—
AStamped assented 5s
Stamp mod 3 Vis ext to
sec
92
mtge, 6% (2%% fixed
and 3%% contingent interest) —
Panama
Ext
5%
Series
11%
26%
4
1953
(City) sink fund 4Vis
SAPernambuco
274
991/2100%
107%
contingent int) __July 1975
gen mtge 5%
(2% fixed
&
and
-1965
extl loan
f external—
s
M-3
*28
M-N
1956
•
sink fund
76
107 Vi
1%
Ref
2.125%)
Netherlands
3 Vis
96 Vi
J-D
1962
;
4s ser A
Series
2.125%)
to
39
J-D
1995
mtge
Ref
__
Stamped pursuant to Plan A
(lnt
86
Ref & gen
f 6Vis
reduced
100 V8
«
A-O
1969
unified
1st mtge
Stamped pursuant to Plan A
(lnt
84V2
Baltimore & Ohio RR—
(State)—
A Sec external
:
75
Topeka & Santa Fe—
and
A6s New ass'td (1942 agree)—1963
83
17
J-D
Atlantic Refining 2%s debs
(ass'td
1933
99%
83
B
______
5 A Treasury 6s of 1913
;V' to 1922 agreement)
99%
J-J
1945
80Vi
98%
5%
4%
J-J
J-D
1959
JAAtlantic & Danville Ry
§ASecond mortgage 4s
6%
*4%
J-D
A4s New ass'td (1942 agree)—1963
ASmall
AMilan
debentures
debentures
General
11
8%
--
—
101%
66%
1973
Stamped 4s
Atlanta & Charlotte
11
100%
3
1957
1st mortgage 3%s
Atlantic Coast 1st cons 4s
to
agreement)
A4s
5A4s of 1910
conv
J-J
debentures
General 4s
Q-J
69
103%
871/4
A-O
debentures
Atchison
__
69
—
57
104%
1041/2
*99V4 100
F-A
_196i
Ann Arbor 1st gold 4s
—
106 Va 106%
M-S
1986
;
debentures
A P W Products Co 5s
1899—
ASmall
..
9%
104 Vi
10
*101V'4 102 Vi
J-D
1975
deductions
conv
3s
4%
36%
M-S
1980
Amer Tobacco Co deb 3s
—
8 A 5s Assented to 1922 agree—1945
A Large
A 5s
*
5%
*104%
A-O
2030
debentures
3%s
ALarge
>
14
8%
Telephone & Telegraph Co—
2%'s
M-N
1943
ASmall
Foreign Pow deb 5s
3%s
—
(Republic of)—
8 A5s
Oslo
6
INDUSTRIAL COMPANIES
A-0
1987
<
56%
&
AND
J-J
l'.'l
12
1954
37
27%
J-J
16%
83
33%
1957
small
ASmall
4s
81
12
*7
M-N
3%s
mtge 3Vis
1972
Albany & Susquehanna RR 4%s__1975
Alleghany & Western 1st gtd 4s—1998
Allis-Chalmers Mfg 2s debs
1956
American
J-D
ANew assented (1942 agree)—1968
j
83%
70
A-O
196?
1st
26
—
1951
Metropolitan Water Sewerage &
Drainage Board 5 Vis
1950
Irrigation—
8A4Vis assented to 1922 agree—1943
:
83
90
*__
J-J
F-A
F-A
1952
AAdriatic Electric Co 7s
Alabama
Mexican
;
87
81%
23
*75
RAILROAD
10%
65
18
75
*31
1952
Italy (Kingdom of) 7s
AJugoslavia (State Mtge Bk) 7s
AMedellin (Colombia) 6Vis
•
83%
86 %
79
50
89%
2%s
to 3%
A
v
84
81
82
83 %
*83
*83%
extl
93
130%
*121
M-N
M-N
——_
101%
Utility-
Credit Institute 1%
A External
7s
c
M-N
M-N
130
—
J-D
conversion
12%
16%
102
37%
1977
to 3%
6
21
10%
7%
*64
1947
1%
8 A 7s series B—
Italian
8%
P-A
1960
! Irish Free State extl s f 5s
Italian (Republic) extl s f l-3s
Italian Credit Consortium for
;
*130%
1979
3%s
102%
90 %.
93
11%
11
Government—
Helsingfors (City) ext 6 Vis
:/;%%
*92 %
6
11%
15%
*126
1978
AWarsaw
14
5%
11
—
—1979
readjustment—.
5%
9%
*7%
4-4%-4%s extl readjustment
52%
f
s
s
sink
3%-4-4 Vis
61 Va
extl
6s
*—
3%-4%-4fts extl conv
*65
3s
fund
:
J-J
extl
sink
External
Jan 1,1976
Jan 1, 1970
3Vis
extl 7s
AExternal
(Republic of)—
f $
s
——1962
extl
sec
of;
assented
External
Salvador
" 4s extl
b
(Prov
*65
—
—1962
AExternal
83%
71
,
series
A4 Vis
90 V*
64%
A7s
(Kingdom)
external
secured
ASllesia
97%
52
80
'
dollar loan
Barbs Croats <fc Slovenes
84
28
92%
89
91%
78%
52
59%
*55
P-A
1962
75
*14
A-O
5Vis
82%
80
75
m-N
4 Vis
r
58
2
15%
M-N
gold
,#..
2
64 Vi
79
gold
;/•
77%
47
External
El
20-year
77%
64%
47%
External
i
M-S
extl water loan
Stamped pursuant to Plan A
(Int reduced to 2.25%)
47%
80
High
(continued)—
Sydney County Council 3%s——1957
lAUruguay (Republic) extl 8s
1946
*47
j-d
Jan. 1
Low
No.
J-J
45
A-O
Stamped assented (lnt reduced
to 6%)
extended to
1960
•
59
45
High
Range Since
1959
78%
..1946
-1947
1952
1953
1951
1977
Cuba
fADenmark
43%
44 Vi
Sold
2004
80
35%
1947
lAColombia Mtge Bank 6Vis
SASinklng fund 7s of 1926
{ASinking fund 7s of 1927
Copenhagen (City) 5s
25-year gold 4%S
Bonds
Bid & Asked
Low
A 7s
70
*77
Week's Range
or Friday's
Last
Sale Price
High
70
7
80
80
A-0
Jan 1961
of
A 6s of
3s
No.
High
New York Stock Exchange
Jan. 1
Low
Interest
Period
BONDS
Range Since
San Paulo (State)
Colombia
A 6S
Bonds
Sold
Friday's
44
40
108
72
52
108%
Volume
170
Number 4829
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(615)
27
NEW YORK BOND RECORD
,
Friday
BONDS
Interest
New York Stock
Exchange
Period
Last
or
Sale Price
Friday's
Bid & Asked
Low
{ A Central of N J gen gold 5s
Central
J-J
61 Vi
€0%
62 >/a
61%
60 3/a
623 8
263
1987
J-J
56
55 %
56 Vi
1987
57
Q-J
New
1914
a-O
1974
F-A
York
1st
3%s
mtge
1968
Power
F-A
*103%
1965
J -J
*102%
3s
Ry Co—
%s ser A
3
B
ser
Champion Paper <fe Fiore
Chesapeake & Ohio Ry—
General
deo 3s
gold 4J/aS
„1992
104 y4 105 Vi
102
M-S
Impt M 3 Vis
D
1996
M-N
Ref
impt M 3 Vis series E
1996
102
F-A
imp M 3%s series H
A Div 1st cons
gold 4s
.1973
J-D
1989
J-J
1989
J-J
&
series
Ref &
R
;
&
2d
consol
gold
4s._
Chicago Burlington
&
1st
&
&
ref
1st
&
ref
AGen
1st
102
2
Low
49%
High
78
48
70
49%
102 Vb
105 Vb
99%
102
,
4V2S
Det Tol & Ironton RR 2%s
Kpow Chemical
Eastern
inc
mtge
mtge 3%s
111
103 y2
H
Ed El 111
19
104%
107 y2
118
122%
109%
1950
(NY) 1st cons gold 5s
Elgin Joliet & Eastern
Ry 3V4s__
M-N
F-A
100% 101%
33
98%
5
94%
98%
1st
cons
1st
cons
7
32%
46%
Ohio
2
71
1985
72
£f~N
1982
Af-N
72
•*120y8
b;
118
—
102%
110%
112%
—
*105
A-O
A-O
2013
J-J
A-O
J-J
-
75
33%
100
49
%
"
*146
MS
101%
F-A
32%
46
28
102%
*110%
J-J
111%
33 y4
89%
100
*8
■
.1995
1964
111%
109
J-J
102
1990
Erie Railroad Co—
Gen mtge inc 4y2s
109%
1
1997
1027/a
105%
88
97%
49
104
to.—
——
103
a.
105
...
104
29
mtge
Div
A.
ser
3Vis
ser
G_.
2000
*101
63%
T-
61%
102
83
—
22
63%
*98
57
72
95%
99%
83
to.-*
J-J
if
.1953
MS
M-S
—
1
89 y4
79%
82%
87 y2
99
*100
__
—
80
*99
.1971
mtge 2s ser H
1st mtge 3y4s
—
«•'
105 y4
106 y4
101%
'
8
5s
1
.1965
109% 108%
98
89 %
73 %
71
96%
*99% 100
.1970
noy2
111% 111%
98
~3
48%
High
65
64%
89%
J-J
Low
1
98 %
.1965
F-A
111%
yy
98%
M-S
l1961
East Tenn Va & Ga Div
1st 5s
103 y4
106% 107 Vi
—
;• M-N
Jan. 1
No.
129%
97
__
67
F-A
97
RR—
A
1961
*—
Range Since
Sold
65
J-D
-
65
1977
J-J
B
Chicago & Erie 1st gold 5s
Chicago Gt West 1st 4s series
1995
Bonds
101 y«
100
2
*i09y2
J-D
Duquesne Light Co 2%s
~9
*122'% 124
Friday's
High
J..T
103 y4 103 %
106 y2
or
Bid & Asked
Low
1995
„
Week's Range
Last
Sale Price
•
B__1976
ser
2.35s debs
102% 103%
103'/8
V
a\
Period
1937
1970
conv
ser
'
Interest
{§ ADul So Shore & Atl
gold 5s
1977
B
mtge 3 V8s
mtge 2%s
/
V.
Detroit & Mack 1st lien gold 4s
ASecond gold 4s
Detroit Term & Tunnel 4»/2s
1985
series
«'•-*
•'
•
•
105 %
-
122%
—
u)
78%
49 y4
103
„
„
Friday
1958
ref
Chicago &
"8
Quincy RR—
General 4s
1st
107
*129% 130
Ref &
12
BONDS
New York Stock Exchange
Jan. 1
49%
Pacific
1st & ref
No.
Q-J
registered
FOB WEEK ENDED AUGUST
Range Since
Sold
1987
registered
A General 4s
Central
High
Bonds
1987
A 5s
A4s
RANGE
Week's Range
99
,
105%
_
,
120%
1988
J-J
79 Ve
79>/8
~4
75%
87
Jan 1 2038
Louisville Ry—
A 1st
mtge 4s inc ser A
Jan 1983
A2d mtge 4 Vis inc ser A
Jan 2003
J-J
61
62
6
56%
77%
J-J
47%
47%
3
45%
65%
33
51
81%
94%
AGen
inc
mtge 4%s
Chicago Ind
Chicago Indiana
&
Chic Milw St Paxil
1st
mtge 4s
Southern
&
Pac
A
ser
conv
mtge
1st
inc
1956
mtge 3s
1989
1st mtge 4s series A
AGen mtge conv 4%s
1994
ser
1st gold 4s
Chic Terre Haute &
S'eastern Ry—
1st
&
ref
M
2%-4y4S
2%-4y4s
1951
1994
Chic
&
1st
ref
4s
conv
&
Apr
44
43
Apr
48%
47%
87
96
44
54
38%
179
47
59%
87
15
86%
91%
j-j
107% 107%
Apr
92 y4
J-D
91%
92 %
*102% 104
J-D
*99%
J-D
*101 %
J-J
74 y2
3
28
—
--
J-J
M-S
103 Vi
A-O
mtge 5 Vis series
—
74%
65 Va
72%
102%
106%
14
101
103
13
102%
104%
9
101%
106%
102
104
102% 102%
5
—
F-A
*100% 111
F-A
J-D
83
83
70
71%
102% 102%
6
J-D
J-D
J-J
J-J
M-N
*
62%
77%
J-J
99
62%
A-O
A-O
79
"5
29
96%
—
States
3s
45 Va
100%
103% 103%
mtge 3s
A-O
105% 105 %
1974
M-S
*101% 102 Vb
1970
M-S
107% 107%
1st extl 4s
1955
F-A
series
Consolidated Edison
1st
of
106%
J-D
105 %
1999
A-O
1951
J-J
108
106%
98
Illinois
101%
Bell
1st
gold
—
3
103%
Purchased
105%
100%
Collateral
100%
106
108
104
M-N
1979
J-J
1st & ref
mtge 3s ser E
debentures
Consolidated Natural Gas 2%s
Consumers Power 1st mtge 27/es
conv
1963
Baking 3s debs
Crucible Steel 1st mtge 3Vis
§ACuba Northern Ry 1st 5Vis
1968
98%
101%
__
105 Vi
23
102%
105 y2
109
109%
172
105%
109%
*103
103%
103 Vi
103 y4 103%
101%. 103
18
*101%
J-D
*40%
1952
28
J-J
*79
101%
47
42%
29%
14
bo y2
J-J
27
26%
27
J-D
29%
29
29%
1946
J-D
1973
A-O
95%
52
27
36
79
22
80
30
25%
30%
29
35
31
3
1978
&
J-D
1965
J-D
1965
A-O
1963
Af-N
1973
M-N
1993
Af-N
May 12042
Af-N
2%s debs
& Western
ref
M
5s
Coll
Tr
1st
4-6s
Power
mtge &
&
coll
Light 3s
tr
II
mtge ser A
1973
(3%
&
Income
102% 102%
92 Vi
15
(3%
Gen
&
conv
"*
ref
2%s series
see
&
1st
ref
Illinois
ref
ref
&
N
series
Terminal
Ry
4s
32
90%
96%
78
78
1
73%
871/2
57%
57
105
57%
105
5
3
90
89%
90
Apr
61%
61
61%
97 VB
I__
1982
-—1958
r>*oc
20
80%
M-S
100%
101%
102'%
100%
100%
100 VB
102
101%
101%
101%
__
.
—
103
100 :
—
95%
98%
90
__
92
85%
101%
146
Indiana 111 & Iowa 1st gold 4s
1950
J-J
1986
J-D
—
J-J
73%
73
26
25%
68%
*94%
95
78
93%
87
93%
——
*100% 101
__
99%
86
9
26 %
68
J-J
•
92%
45
1970
r-
—
100%
98 Va
100%
Indianapolis Union Ry Co—
Ref
&
Imp 2%s
{International
ser
Great
C
Northern
-
A
A
1st
6s
series
1952
Adjustment 6s series A
A 1st
A 1st
5s
series
gold
5s
A-O
July 1952
B
series
*90
93
—
—
20
59
74%
52
20%
26%
6
53%
68%
—
RR—
A
_1956
J-J
1956
C
fAInternat Hydro-Elec deb 6s__.
Int Rys Cent Amer 1st 5s B__
J-J
1944
A-O
1972
M-N
.....
__
73%
68%
62%
.
68 Va
62
■'
..
♦97% 103
Jf-fl
1st gtd gold 4s__1990
a...
J-D
1970
A-O
16
687/a
53%
60%
66 Va
102
■:f„ 22
™
66%
i
71
100
97
12
64%
77
12
100% 102
96%
102
K
Kanawha & Mich
Kansas
City Power & Light 2%s__1976
1st mortgage 27/8s
1978
105
106
69%
£
,__1961
unguaranteed
91%
25
58
65%
tAKreuger & Toll 5s ctfs
105
102%
100J2 100JZ
101 Va
102 %
3
100 hi
101%
37
103%
105%
99%
104%
99%
105%
102%
'
J-D
*1037/a 104%
A-O
— —
*102'/2
J-J
—
*114%
J-J
j
J-J
^
1964
MS
100
98
——
__
*97 VB
104
—
114%
—
100%
■
*178
A-O
_1958
114%
-to.
50
'
J-J
A-O
——
__
*99
——
"
I}.;'
„
*30
„
J-J
1997
;
*103% 104%
105
96
100%
--
11011
A-O
A-O
1961
Kings County El L & P 6s
Koppers Co 1st mtge 3s—
\ v*
96
*102% 103
J-D
—
87
'
*75
J-D
Stamped ——,__>„i._«^».1961
52%
68%
1st
3
—
—
'
185
'
108
108
__
——
173
180
104 VB
5
101%
1
2
%
220
107%
1
104y8
2
IX
79%
80%
77%
106
106
M-S
101%
101% 101%
J-D
109
109
109%
3
82
107%
>108
J-D
100%
99 VB
82
J-D
fixed
J-J
12
103%
100
— —
100
*iooy4
J-D
103
(4Vi%
2018
88%
103%
—
A
4%s
J-J
103
107 %
77
__
*101%
__
100%
90
*100
—
to.—
II
104%
*99
*101
—
•
J-D
_1063
—___1963
City Southern Ry 1st 3s__1950
mtge 4s ser A
1975
1st mtge 3%s series B_—.
i.^_1968
Kansas City Terminal Ry 2%s
1974
Kentucky Central gold 4s
„_1987
Kentucky & Indiana Term 4y2s___ 1961
48
—
101%
-
104%
*99%
J-J
106
*50%
100^
7
102% 102 y2
a* —
J-J
1963
C
ser
105%
O—
5s series A
4%s
mtge 4s ser D
Plain
1993
debentures.
fOOtnntP«
102%
93
J-D
1% contingent int)__
_1993
Detroit Edison 3 Vis series G_
1966
Gen & ref 3s series H_;
——1970
3s
1st
1st
L
103
103 7/a
23
—
*100
•M.
F-A
Chic St
101%
*
I"
86%
*102%
to.—
J-J
F-A
":-i
3
16
105 y4105 y2
84%
——
J-J
1951
101%
102
101%
92 %
Salt Lake —"
mtge
Joint
85%
F-A
1951
101%
70
104%
100% 100%
J-D
1951
103
vi-'
*102 VB 102 y2
v
J-J
1041/4
102
fixed
1%
Denver
3%s
*35
F-A
1951
—
105%
104
II
*102
A-O
1977
3Vis
contingent int)
A income
mtge ser A
contingent int)
gold 3s
—
104 %
M-N
1950
104%
103
101% 101%
104%
M-N
1966
102
....
J-J
1953
1955
"97
102%
103
*101%
—
39
101%
102%
*105
Denver & Rio Grande West RR~—
1st
_1952
Kansas
C
AIncome r*tge due
Morris & Essex division
Delaware
98%
div
ser
M-N
Jamestown Frankl & Clear 1st 4s__1959
101% 101%
J-J
1978
Delaware & Hudson 4s extended
Delaware Lack & West RR Co—
Lack
A-O
Jersey Central Pow & Lt 2%s
101%
26%
35
D
1st
3'/2s
gold 4s__
5s
Div & Term
111 Cent and
103%
93%
1946
*29 Vi
100 Vb
99
*94
J-D
Dayton Pr & Lt 1st mtge 23/4s
1st mortgage 3s
1st mtge 3s series A
Dayton Union Ry 3V4s ser B
N Y
Gold
101%
1942
§A6s series B deposit
receipts
Co
lines
M-S
1955
Springfield Div 1st gold 3'/2s
Western Lines 1st gold 4s
105%
105
1
67%
n^9%
—
*—
J-J
1952
Bridge goid 4s
St Louis
98%
98%
102%
M-N
;
1st 5s gold
94%
1
6
109'/a
M-S
J-J
4
105 Vi
A-O
1975
98%
11
96
■Vi 55
106
%
101% 102
"10578
A-O
Div 1st gold 3s
1951
Louisville Div & Term gold 3y2s_1953
Omaha Div 1st gold 3s
1951
102%
101% 101%
1966
§ A Deposit receipts
§A7Vis series A deposit rets
&
1951
1951
Debenture 4%s
106%
105% 105 %
J-D
1965
Continental
Deere
J-J
Registered
J-D
IA Deposit receipts
J-J
1951
4s
trust
Refunding
106%
104
101 Vi
100%
A-O
RR
2
—
96
1977
A Cuba
19
105% 105 y4
99
79
;
'
J-D
1951
4s
gold 3 y2s
Extended 1st gold 3y2s._^
1st gold 3s sterling
Collateral trust gold 4s
1981
1978
1st
103%
100'4 100%
1972
3s
Telep 2%s series A
1st mtge 3s series B
Illinois Central RR—
100
Af-S
1972
98%
125%
95
101%
1982
C
96%
26%
50%
10
103 y4
121%
__
25%
39%
—
103 y2
v
,<
1
,
99%
26
15
13
•:
-.99
2
93%
125
A-O
York—
B
98%
1957
AAdj income 5s
104 y4
ser
101
101%
103%
—
6i
—
103
■
—
73
104 Va
ser
—
26
106%
D
"1_
;*
74
101 y8
95%
*103% 104 y4
„
61
101
mtge 23/4s
series
J-J
88
106
mtge 2%s
ref
*__1969
*V;'
'
1
60
103%
A
*104
A-O
99
87%
104%
ser
ref 3s
1978
— «•
99
60 VB
106 V4 106%
mtge 23/4s
*98
M-N
88
98%
106 % 106%
*102%
106 %
ref
&
J-J
1976
F-A
A-O
ref
&
:__1968
2%s
J-D
F-A
&
1st
48%
.1962
103
*103%
1st &
1st
14
58
.1957
1965
3V4s
New
57%
105 y4
L.1961
f 33/4s A
s
Cigar Corp
F-A
1978
Ry & L 1st & ref 4 Vis
Consolidated
Apr
Litchfield
1977
1st mtge 3s series N_^
s
f debentures
Conn River Pwr
Jan 2044
107
Co—
L
3s
Conn
95%
71%
104%
96%
101%
60
16
debentures
Refunding
3 Vis
97
"2
98% 100
mortgage 3s
Cairo
1st
M
103 y4
H
System, Inc—
!
1st
101%
71%
A-O
*98%
1980
Commonwealth Edison
Util
*100
10%
100%
3
J-J
125
18
Corp—
Columbus & Toledo
J-J
70%
7
1969
w
J-J
4Vis (stamped modified)
Colorado Fuel & Iron
1973
A
J-J
102
El
1975
__JUly 2015
B
ser
3%s seris D
1970
104%
Ohio
inc 5s
ref
87%
11
3s debentures
Columbus & Sou
series
101% 101%
77%
11
—
4s
101%
"3
8
8
A-O
98
94%
25
62%
M-B
105%
M-S
ref
1959
,80%
75
•"—«»'
•
Feb
_
•v,
97
93
v
*64
:
.1999
106%
*98
98
84
Feb
.1970
106
--
A_J
62%
101% 102
A-O
90
68%
105
44
95
86%
24
104%
—
*—
45'/a
92%
12
97%
J-J
b
90
J-J
_„1961
95
89%
90
54%
105%
Af-N
—_2010
96
86%
101%
—
Q
110%
•
93%
J-J
ser
108
11..
95%
J-J
mtge
1st
%
1961
118 y4
J-J
1982
&
Gulf
123 %
116
50
45
59
F-A
1971
102%
120
3
2000
Gen mtge inc 4s ser B
Collateral trust 3%s
111
2
117% 117%
P
&
1st
103
123 % 123%
O
2%s
87
102
J-J
ser
Greyhound Corp 3s debs____
Gulf Mobile & Ohio RR—
Gen
108 VB
82
99%
J-J
ser
Debentures ctfs B
1st
4
1990
Gen mtge 2%s ser R__
AGreen Bay & West deb ctfs
A
30
96
106%
Gas
104 %
J-J
mtge
Gen
85
102
83%
101 Va
debentures
59
1976
mtge 3 Vis
mtge 2%s
Gen
85
79
A-O
3V4s
.
65 y4
102%
101
102
65%
5
a-O
Columbia
45%
104 Vi 104 Va
92
106'/2 107
*106%
1950
1964
II
M-N
99
61
*55
J-D
Gen
102%
1973
1st mtge & coll tr 4s
104%
103
34
1973
General 5s series C
General 4'/2s series D
Gen mtge 3Vis ser N
102 V*
106%
*94
102%
100
102%
1977
Columbia Gas & Electric
Corp—
3Vis debentures
49%
.45%
M-S
Goodrich (B F) Co 1st
mtge 2%s_1965
Great Northern Ry Co—
General 5 >/2s series B
.1952
80
mtge 5s series B
mtge 4 Vis series C
Colorado & Southern Ry—
1st
102%
101%
—
48%
M-S
General Realty & Utilities
Corp—
A4s conv inc-debs
„__:.__..1969
102
9
J-D
1972
101%
10
103 Vi 103%
102%
1990
A
98%
66
J-J
1993
1st
49%
M-N
103%
5
104
1991
Series D 3 Vis gtd
Cleve Short Line 1st
gtd 4Vis
Cleveland Union Terminals Co—
88%
102 y4
75
102
1982
107%
74%
J-J
1970
106
61 Vb
1977
Cleveland Electric Ilium 3s
1st mortgage 3s_
Cleveland & Pittsburgh RR^-
102% 103
*103%
M-S
—1956
__
1961
series B
Ref & impt 4Vis series E
Cin Wab & Mich Div
1st 4s
St Louis Div 1st
coll trust 4s
ACertificates of deposit
Francisco Sugar coll trust 6s
103
J-D
*
J-J
104% 104%
1993
M-N
Coast 1st 4%s____„1959
1st & ref 5s series A:
_^_»__1974
54
49
Louis Ry—
St
A
65
48%
1966
gold 4s
1961
{Florida East
103%
101
1974
General 5s
1st
53%
j-j
1969
City Ice & Fuel 23/4s debs
City Investing Co 4s debs
Chic
99
52 Vi
1952
mtge gtd 3%s series E
1st mtge 23/4s ser G
Cin
*97
53 Vi
1962
4V»s series D
1st
General
7
J-J
Cine Gas & Elec 1st
mtge 2%s____1975
1st
mortgage 2%s
.1978
Cincinnati Union Terminal—
Cleve
83
1963
G
ser
Wgst'n Indiana
&
82
1994
Station—
1st mtge 3 Vis series F__
mtge 27/8s
83
1963
Chicago Union
1st
J-J
Ry—
A_Jan2019
Chicago St L & New Orleans 5s
1951
Gold 3Vis
1951
Income
22
J-J
Island & Pacific
Memphis Div
36
Apr
B
ser
35%
A__Jan 1 2019
ser
North Western Ry—
conv inc 4 Vis
Jan 1 1999
Chicago Rock
353/4
RR—
B
ser
4s
Firestone Tire & Rub 3s debs
J-J
Jan 1 2044
mtge 4Vis inc
2nd
.
'
——___1994
Gen
4Vis
Chicago &
79 %
&
110
1041/a
106%
65
98 %
101%
105
1051/4
109%
Laclede Gas Light 4%s conv debs__1863 •
Lakefront Dock & RR Terminal—
1st
mtge
sf 3%s s-»r A
-1908
•
JT4I
J-D
117%
115% 117%
117%
Monday, August 15, 1949
THE COMMERCIAL _& FINANCIAL-CHRONICLE
(616)
NEW YORK BOND RECORD
RANGE
FOR
WEEK ENDED AUGUST 12
Friday
Friday
Interest
BONDS
New York Stock
FerieA
Exchange
'
Last
or
Sale Price
Friday's
Bid 6c Asked
Low
Lake 8h 6c Mich 8ou gold 3%a
3 %s registered
Lauuro
A 1st
Nitrate
mtge
6c
mmmm
dm
89
89
4
81
96%
83
83
3
747/a
reg
91%
91%
2
88
93%
Navigation Co—
8 F mtge 3 Via ser A
1970
A-O
——1954
—1964
p-a
—1974
p-a
Lehigh Vai Harbor Terra gtd 5s—1954
Lehigh Valley Ry Co NY 4%s ext. 1950
Lehigh Valley RR—•
4s stamped modified
2003
F-A
gold 3%>.
Mtge 4s series A.
Mtge 4s series B
stamped
5s stamped
—
95
*92%
91%
-97
98
5s
stamped
4s registered
4%8 stamped modified
4Vis registered
5s
4
mtge 4s ser A wl
cons
Vis series B
5s
series C
1__
w
A5s series F
72
56%
70%
35 Vi
30
41%
34%
34%
16
30
40
38%
37%
38%
45
32
46%
Jf-N
M-N
Jf-N
2
350
37%
38
23
31
42%
42
41 Vi
42 Vi
22
35
52%
10
50
55 Vi
55 Vi
13
54%
100
96%
95
100
1973
M-m
68%
68%
62%
72%
4Vis series B—.—
.—-—-—1973
N k New Haven ec Hartford RR—
M.-M
75
71
81
N Y Lack & West 4s series A
1st 6c ref mtge 4s
56
29
16
27
29%
31%
31 Vi
45
30%
32%
32
32
31%
•33
Lehigh Valley Terminal Ry ext Os.1951
Lexington 61 Eastern Ry 1st 5a
^1965
Liggett 6c Myers Tobacco 5s
1951
A-O
122
122
A-O
106 Vi
106%
Little Miami gen 4s series
ALombard
3s
F-l
A-O
104
1966
M-fl
61
1
120
123%
106%
108%
103
31
106% 106%
1971
mtge 3s
M-N
1963
Louisville Gas 6c Elec 3 Vis
1
70
74
Jf-N
•100
3-D
26%
50%
_I
106%
108%
104
102%
104%
106%
108%
•100%
1st
N Y
N Y
State
N
S A 1st
Y
Niagara
_3
101 %
105%
1
108 Vi
109%
9
67%
71%
87%
M-M
*63%
3-J
68
100% 101%
P-A
*106
62%
10
75
97%
101%
103 %
106%
106 %
105
107%
Q-J
102
102%
1997
Q-J
*—
100
Jan 1 2047
Q-P
Q-A
4s
registered
General
lien
77
3s
Ref 6c impt
Ref 6c Impt
registered
4%a series A
5s series C
2047
2047
2047
2047
62
M-N
1974
102%
3-J
1971
P-A
impt 5s series D
trust
Northern
4Vis
mtge 2%S
1st
mtge 2%s
mtge
62
62%
58%
77%
80
3-J
*87%
89
69
85
97
106%
—«
94%
101%
62
56%
58%
J-J
1975
88
100%
87%
1
15
——
88%
98% 101
1st mtge 2%s
*100
A-O
1971
3s
3-J
1977
5
64%
54
61%
72%
88
83
81
54
95%
27
98%
95
95
103%
M-N
98%
99%
101
.j.
__
M-a
1979
101Vi
100% 101
*101%
A-O
..1979
mortgage 3s
Northwestern Bell Telephone—
debentures
3 Vis
77
Power Co—
States
(Minn)
75
*—
*105
101%
107
97
~
—
105%
97
107
95
85
22
Railway—
4s
1st
68%
46%
35
14
75
M-A
Pacific
lien
Prior
(Wise)
87
33
28
15%
1997
Northern
gen
1st
92%
36
35
P-A
1974
lnc
conv
1st
63
36
*-_
P-A
112%
93%
*85
97%
107%
129%
109%
(Southern Lines) 4s
105% 105%
108% 108%
J-3
104%
72
92%
91%
1959
M-m
1973
May Dept Stores 2%s debs
J-J
M-N
96
104% 105
111
107%
Manila RR
J-3
128
92%
*87%
5
63%
5
108% 103%
m-n
50
5
Jf-H
3-D
1
15
1951
3-D
55 Vi
111
1980
•
55%
11%
101%
129% 129%
4s
ser A
1960
1st mtge 6c con 4s ser B
1954
Manati Sugar 4s sink fund__Peb
11957
98%
111
3s_
Maine Central RR 4Vis
23
101 % 101%
M-f
Coll
101%
2%
A-O
5s
Central
Ref 6c
100%
A-O
6%
16
A-O
99%
1
101%
76
3-J
6c ref 5a
Gen 6c ref 4Vis series A
83%
101% 101%
M-a
9%
4
1974
mtge
76%
m-n
103%
8%
3%
2014
AGen
97%
1973
101%
*101% 104
8%
Northern
84
Macy (R H) 6c Co 2T/«s debs
48%
Norfolk 6c Western Ry 1st gold 4s_l&95
99%
M
5s
Power 3%s
Ry Co—
Falls
92%
gold
69%
33%
Southern
99%
Atl Knox 6c Cine Dlv
1st
mtge 3 Vis ser E
Ref mtge 3s series P
•81 %
H
ser
5a
gold
Telephone 2%s ser D
A-O
2d
gold
Ref
Jf-N
3 Vis
4%8
SATerminal
N
A-O
M
Dlv
56
504
1977
1st 3%s
refunding 5a
gold
5A2d
2003
ref
94
217
1963
RR—
1937
1937
1940
1943
1983
1975
1981
IMP
Gas 2%a
6c
Corp
8 A General
2003
A
87%
•90% 100
Elec
Y Steam
1st
St Louis
A-O
62 %
40 Vi
J-D
4s
IN Y Susquehanna 6c Western
6c ref M 3%s series P
1st 6c ref M 2"%s series G__
2003
61
39%
M-N
Ont & West ref 4s—June
Y
General
oS
Louisville 6c Nashville RR—
61
39%
M-m
1®54
48
1M2
1955
Power 6c Light 1st mtge 2%a—1975
6c Putnam 1st cons gtd 4s
1993
A
Norfolk
103
70
1963
1953
debentures
1st & ref
A-O
1951
A—
Electric 7s series A
1st
JAN
60
28 Vi
•58
3-J
May
2007
aer A
mtge conv inc 4%a aer A-2022
River 6c Port Cheater—
A Gen
*74
Harlem
56
28 Vi
100
*94%
52%
55 %
High
100
3-J
49%
51 Vi
Jan. 1
Low
No.
2043
N Y
51 Vi
Jf-H
High
'*100
100
72%
35
2003
LorlUard (P) Co deb 5s
60
66%
—
99%
93
3
35 %
H-N
..2003
i_
w
4
66%
66%
2003
—
72
66%
M-m
Range Since
•__
96 %
*72
.—.2003
A4 Vis series E w
83 7/a
—
66%
2003
wi—
A4s series D wi______
:
—
3-J
2003
2003
2003
2003
.2003
modified
stamped
Gen
p-a
1
Sold
3-J
101%
78
-
—
98
98
Bonds
Bid 6c Asked
-2043
Lehigh Valley Coal Co—
5s
'<
.2000
N Y 6c Harlem
90%
—
Week's Range
or Friday's
Last
Sale Price
low
High
—
j-d
1971
Low
Period
New York Stock Exchange
Jan. 1
No.
Interest
BONDS
Range Since
Sold
Ltd—
Co
Income
Lehigh Coal
j-d
lfl»7
1997
High
Bonds
3-J
61
61
*__
100
100%
*102
—
97
102%
17
61
100%
JOgdensburg 6c Lake Champlain Ry—
Mead
Corp 1st mtge 3s—1960
Metropolitan Edison 1st mtge 2%s_1974
Michigan Bell Telephone Co—
3Vis
debentures
j-d
h-n
103%
102% 103 %
100%
103
100%
6
103 Vi
1st
198|
a-o
1951
m-n
—
*106%
__
Ref
&
1—195*2
impt 4Vis series C
1979
Michigan Cons Gas 1st mtge 3Vis.l969
1st
mtge
2%s
1st mtge
Oklahoma Gas 6c
1975
1st
mortgage 3 Vis
1978
Oregon-Washington RR 3a aer A—1980
J-D
AhO
Prior
5s
lien
ACum
4Vis
105 % 105%
5s
D
series
RR
A
A 1st &
ref
44%
101%
84%
46
62
102%
79
12
87
41
53%
09
12
66%
74%
3-3
77%
77%
78%
11
73
85%
J-J
64%
65
10
64
69 %
70%
9
59
67 Vi
59
59
80%
87%
22
75%
88%
1973
r M-a
47%
46% .48%
7 h-n
87%
87
series G
1971
m-n
87%
87%
87%
—1949
m-rn
25%
25%
26
87%
A
ser
series
H
88%
75%
88%
27%
87%
99
75%
88%
87%
148
75%
88%
1
50%
62%
87%
87%
87 %
m-n
56
56
56
p-a
ivoA
j-d
1955
m-n
1955
m-n
1986
h-n
1973
*104% 105 Vi
„
as-/*
2000
Constr M 4Vis series B_
Mountain States Tel <fe Tel 2%a
3 Vis debentures
;
48%
75%
20%
p-a
B__IIl966
detoa
37%
31
1991
Morris <fc Essex 1st
gtd 3 Vis
Constr M 5s series A_
343
202
265
A-O
1981
gtd 4s
3s
Co
88
1980
I
1st
a-o
—
—
*101%
106% 106%
3
106
106%
1970
J-D
105% 105%
32
102%
105 Vi
1971
J-D
105% 105 Vi
1
102%
105%
ref
series
L
1974
J-D
104% 104%
41
101%
1st & ref 3s
series M
1979
3-D
104% 105 %
11
101 %
105 %
1st
6c
ref
3s
series
N
1977
J-D
*104% 105%
101%
104%
1st
&
ref
2%s
1981
J-D
1st 6c ref 3s series J
&
3s
103 %
104%
101
—
ref
&
Pacific
M
Tel
series P
3%s
Tel
&
102 %
1987
A-O
*104% 105 %
3%s
debentures
debentures
Paducan
& 111
1971
A3Vis conv
Gtd
1st mtge
3s
50%
58%
Cons
6
70
81%
General
4%s
2
65
75%
General
5s
91
96%
General
4%s
Gen
3 Vis
3s
series
3 Vis
mtge
P
Peoria
Eastern
&
ext
4s
104
104
Phila Bait
40
103%
105%
General
1
98%
100 i/a
General gold
A
4 Vis
A
117%
Certificates
3-3
*106%
89%
102
4s
Ref 6c
P-A
__
*75
3Vis
H-N
•104%
3-J
100
4s
a-o
J-J
114%
99%
102
100 %
114% 114%
11
113%
116
99%
46
95%
42
96%
90%
36
85%
101%
90%
44
84%
101%
99% 100%
61
98%
102
77%
99%
101% 102
76
78
7
75
106%
110
111
Apr
H-N
52%
52%
*11
8
12
103%
103
106%
50
10
13%
103 %
*103% 107%
P-A
1980
112%
111
87
99
103%
113%
61%
16
104%
103 %
Wash RR Co-
&
1974
P-A
4%s seriea C
1977
3-J
coll tr 4Vis
1961
J-J
1971
3-D
series
5s
Philadelphia
3-D
a-o
Ry 3%s aer D
Marquette
*
Apr 1990
1974
Co
b
114
116%
106%
104% 104%
110
104%
*107
106 Vi
3-3
101%
1967
m-n
103% 103 %
11
100%
103%
2%s
1974
m-n
102
102
1
99 Vi
102%
103%
1st
&
ref
2%s
1981
J-D
101% 102
2
99
102
106 Vi
1st
&
ref
2%s
1975
P-A
101% 102
75
l§APhilippine Ry
93
92
93
P-A
II
90%
91
1st • f 4a
1937
5
103%
101%
Phillips Petroleum
105%
Pittsburg Bessemer 6c L Erie 2%a
Pgh Cine Chic & St Louia Ry—
1001/4
104
A
Certificates
Cons gtd
Cons
A-O
.
103%
*103% 104%
3-J
99%
2%s
98
100
26
"4
of
3-3
*102% 103
10%
10%
7%
1964
*99%
1953
4s series P
gtd 4s series G
P-A
3-D
3-D
99%
P-A
*103%
93
1983
P-A
109 %
95
Cons
1984
H-N
1970
gtd 4%s series J
10%
10
103%
97
99 %
105
107%
105%
103%
—
103%
108%
—
113%
110
109%
*109%
101V*
103%
105%
105% 105%
H-N
Cons
itc
*102% 108
105%
1957
881/2
6
1995
I960
95%
7%
102% 103
gtd 4s series H
Cons gtd 4%s series I
88
19
9%
10
9%
depoalt
2%s debs
101%
*103% 104%
114%
Pgh Cine Chic & St Louia RR—
P-A
II
8i
88%
5
A-O
II
96%
96%
25
85%
92
Gen
5s
mtge
5s
series
92
97%
Gen
mtge
3%s
93
95
mtge
E
100%
100%
15
96%
107
a-o
99%
99%
99%
io
97
108
1976
b
series
J-D
1975
seriea A
Gen
deposit
A-O
77
76%
77
12
75
m-n
99%
99%
99%
Pittsb Coke & Chem 1st mtge 3%a_1964
100
89
99%
101 Vi
1
OO £
103
2
99
103
1
Pittsburgh Consolidation Coal—
3%s
3 Via
P-A
55%
54-
55%
146
50
61%
2013
A-O
57%
56%
58%
197
52
66%
A-O
64%
62%
64%
148
59%
73
6
68%
81%
64%
75
52
61
1998
75
3-J
70
73Vi
41
P-A
54%
55Vi
8
1
-75
P-A
53
53%
P-A
52
1980
J-D
99
1986
N Y Connecting RR 2%s series B—WS
N Y Dock 1st gold 4s
__1951
A-O
94%
941/4
10
90%
94%
89
90
32
85%
91%
32
99%
101%
New York Chicago 6c St Louie—
Ref mtge 3 Vis ser E
P
2Q
debentures
1965
Pittsburgh Steel 1st mtge 4Vis
Pittsburgh <te West Virginia Ry—•
1st mtge 4%s series A
P-A
•49%
53%
55
l-o
P-J
90
99
99
<
1955
seriea b
1959
1st mtge 4%s series C
I960
Pitts Youngstown 6c Ashtabula Ry—
1st gen 5s series b
1963
81%
92%
84%
81
92
85 %
80%
92
107%
109
*84%
86%
a-o
84%
a-o
*84%
3-D
*107%
P-A
50
56%
1st
gen
5s series C
1974
J-D
64
50%
60%
1st
gen
4%s series D
1977
J-D
52
1
491/4
58
99
10
94Vi
99
Pittston
Potomac
A-O
102% 102%
J-J
1955
1st mtge 4%s
3-3
1999
page
102%
2%s
199s
«ee
89%
100%
ref
1999
footnote®
90%
104
3
ref
1998
For
103%
99%
ref
registered
ser
A Income
103%
__
1956
series A
3f
103
7
&
Mich Cent coll gold 3 Via
3Via registered
1st mtge
J-3
—
103% 104
102% 102%
103%
6c
deposit
A
gold
104%
6s
75
.1954
D
coll
69%
102
1st
deposit
impt 4Vis series A
impt 5s series C
Shore
1041/4
52
1st
89%
Ref 6c
2013
N Y Central 6c Hudson River
RR—
General mtge 3 Via
1997
3Vis registered
1997
Lake
105%
104%
99%
New York Central RR Co—
Cons
106%
104 Vi
118
117
Ry—
1956
of
103
100%
103%
56
deposit
of
104%
103
2
104% 104%
*104
1986
C
series
101%
117% 117%
M-a
1954
series
5Vis
H-N
A-O
3%sIIIIl988
B
Certificates
A 1st
*101% 102%
1974
~~~
1st 4s
of
40
100 Vi
101%
100%
1st
196I
1953
A 1st
100% 100%
m-m
83
__
104% 105
~~1982
Jersey Power & Light 3s
1974
New Orleans Great Nor 5s
A__„__„i983
New Orleans & Northeaacem
j*xv~
Ref <fc Imp 4Vis series A
1953
New Orleans Term 1st
gtd 4a
series
*104 %
104%
J-D
89%
Co—
New
5s
105%
Philadelphia Electric Co—
3s debentures
Certificates
—
19
64%
90
1960
A-O
A
90%
.1963
3%s debs.1974
National Steel
Corp 1st mtge 3s
1965
National Supply 2%s debs
1967
Naugatuck RR 1st gold 4s
1954
A 1st
A-O
1988
debentures
conv
Pere
of
102 J/4
93%
Peoples Gas Light 6c Cok# Co—
105V4
Certificates
3-D
.—1952
103 %
series
J-D
1984
seriea 1
4 Vis
15
5s
F-A
1981
D
series
104% 105 %
A
A-O
1961
b
3-D
A 1st
—
—
__
*100
1965
A
series
series
mtge
deb
J-D
A-O
I960
sinking fund 4%«
1970
Mexico
98%
103%
RR—
Peoria & Pekin Union Ry 5%s
INew Orleans Texas 6c
—
*103% 104
1961
debentures
f
s
Pennsylvania
101%
gtd
100
95%
54
__
63%
1971
3s
93%
a
64%
H-N
Pennsylvania Glass Sand 3%a
1960
Pennsylvania Power 6c Light Co—
16
3s debentures
A-O
1953
E trust ctfe
4s series
101% 101%
New Jersey Bell
Telephone
N J Junction RR
104% 105 Vi
*104%
95
Pennsylvania Co—
*83%
New England Tel & Tel
1st gtd 4Vis series B
*106% 107
J-J
income debentures—1960
3-D
A-O
m-s
f gold 4%a—1951
a
P-A
Products
H-N
1981
1st
2%'s debs'1970
debentures
5
——
104%
Pennsylvania-Central Airlines—
Gen
3s
99% 100%
debentures
29
N
Nat'l Distillers
*105% 106
3 Vis
69%
104%
3
*101% 102%
73
100%
J-D
J-D
A-O
55%
~2
1.00
1988
55
104% 104%
— —
102% 102 Vi
J-D
1982
__1985
debs
100
debentures
—
98
1980
R
ser
2%a
104%
2%s
Conv
Nashville Chattanooga & St
Louis—
1st mtge 3s series B
,
1986
National Dairy Products
105
series K
J-n
__
*97
100
ref 3s
1985
72%
— —
106%
95
1035/a
1st &
1st & ref 3%s series I
69 %
55%
14
3%s
62
66%
87
p-a
67%
1
104% 105
Pacific Gas 6c Electric Oo—
1st
59%
a-o
1977
ec
105%
68 %
J-J
100
99%
P
108%
100
69
1965
Monongahela Ry 3 Vis series
(John)
49
3
—
P
Mohawk & Malone
Morreil
45%
100
104%
96
1st
49
*102
*79%
J-3
Jan 1967
gold 5s series
ref 5s
J-3
98
Co—
series
1st 6c ref 5s
1st 6c
__
102%
16%
104%
3
81
3-D
1978
A
1st & ref 5s series A
AConv'gold 5Vis
A
49
A-O
105%
—
10 Va
100%
99%
102
1st & ref 2%s series Q
A
General 4s
A 1st 6c ref 5s
a-o
4
~1
103% 108%
*98%
M-a
66
1933
A
B
series
IMlssouri Pacific
A
108%
"3
RR—
series
series
adjust
M-a
71
Electric 2%s
10
20
13%
99%
P-A
100
99%
102%
71
A-O
13%
104 Vi 104%
M-A
106%
1903
Missouri-Kansas-Texas
4s
*101
M-a
1990
lien
——
1969
Minn St Paul 6c Sault Ste
Marie—
1st mtge 4Vis Inc ser A
Jan 1971
A Gen
mtge 4s lnc ser A
Jan 1991
Mo Kansas & Texas 1st 4s
40-year
h-n
j-j
13%
J-3
1974
4a
1st mtge 3a
2%s
100
—
IW9
—
3%s_
flAMidland of N J 1st ext 5s
1940
Minnesota Mining & Mfg 2%g___ 1967
Prior
*99 Vi
1941
1975
guaranteed
mtge
103%
—
Michigan CentralJack Lans & Sag 3Vis
1st gold 3 Vis
8 A 1st
Ohio Edison
100% lOlVi
1st
Co
5 %s
Elec
lnc
Pwr
debt
1st mtge
1964
3%a_1986
J-J
100
100
100
*106
*108
103 %
M-N
*103
V-9
*__
1st
mortgage 3s
1983
mtge 2%s
1984
1956
.
—
J-J
1st
Terminal
4s
100%
107%
106%
108
103%
104
1977
Providence
99%
106
102
J-J
P-A
mortgage 3 Via
99%
99%
99%
Volume 170
Number 4829
THE
COMMERCIAL
&
FINANCIAL
29
(617)
CHRONICLE
NEW YORK BOND RECORD
RANGE
riday
BONDS
Interest
New York Stock
Exchange
Last
Period
or
»Ie Price
Low
.
debentures
1st &
rel mtge
1st &
ref
let
3%s
19ba
8s
mtge
M-N
J-D
1st
&
ref
mtge 3s
1973
&
ref
mtge 2%s
1979
J-D.
2%s deb
.1964
2
101%
*105%
109 Va
146%
220'
104
106
103%
104'/a
100%
__
14
J-J
48 y2
50
20
207/8
112
33/»s—1960
debs
1961
*94
102%
Toi
Ohio Cent ref
61
95%
MS
*99
& impt
102
41
116
20
48 %
High
100%
—
A-O
Tri-Continental Corp 2%a
Jan. 1
Low
No.
J-D
.
income
<uauj
Range Since
Sold
High
*101%
J-D
Bonds
Friday's
or
Bid & Asked
1960
JThird Ave Ry 1st ref 4s
148
215
104% 104%
—
Pacific-Missouri Pacific—
RR of New Orleans 3%s— 1°74
Term
''
—
Sale Price
Low
105
107 %
'I v
—
1
Last
Period
High
Texas
*217
MS
1st
Low
No.
105
*147%
—
Week's Range
Interest
BONDS
New York Stock Exchange
Jan. 1
*108% 109
J-/
2037
;
12
Range Since
Sold
High
105
m.—
J-J
2037
mtge 3s
ref
<fc
1963
—
WEEK ENDED AUGUST
Friday
Bonds
Friday's
Bid & Asked
Public Service Elec & Gas Co—
as
FOR
Week's Range
71%
16%
45%
94
102
100 %
98%
100'/a
109% 109%
108'A
U
Quaker
Oats
J-J
*101%
«
-
—
R
Reading Co 1st A ref 3%s ser D_.-1998
Reynolds (R J) Tobacco 3s deb6_ -1973
Rochester
Gas
&
Elec
MS
90
90%
*105
105 %
90%
A-O
85
47
93%
102%
—
2%s
105%
mtge
4 Vis
series
D
_1977
mtge
3%s series
H
-1967
u-s
Gen
mtge
3%s
I
-1967
u-s
-1969
u-s
-1949
J-J
1941
J -J
1971
u-s
1996
J-J
1996
A-O
1955
J -J
G-^n
pnt.tre
series
3%s
$ A Rut-Canadian
series
%s
f$ARutland RR 4%a
Saguenay
Lawr
St
2d
Power
&
eold
3s
Adir
J
nampra
stamped
series
A
1st gold 5s
6s
St L
Rocky Mt & P 5s stamped
St Louis-San Francisco
Ry Co—
1st
a
St
mtge 4s series A
2nd mtge inc 4 Vis ser A
Louis-Southwestern
1st
4s
2d
bond
4s
inc
1997
Jan 2022
1989
ctfs
Nov 1989
Gen & ref gold 5s series A—.
1990
St Paul & Duluth 1st cons
gold 4s_1968
St Paul Union Dept 3Vis B
1971
Scioto V & N E 1st gtd 4s
1.1989
Seaboard
Air
<Jos
E)
&
&
3s
2 Vis
97%
101
*99
—
97
—
109
91%
102
—
11
110
91%
—
103
*102%
5
106%
99
94 %
J-D
J-J
104%
10
100'/a
87
94%
101 %
1
97
102%
104
101
J-J
70 %
70 %
70%
4
71
1977
M-8
99%
99% 101 Va
MS
90 %
90
92
45
88%
90
41
75
7
100
All975
J-D
100% 100%
—
89
1994
J-J
110
111
gold 5s
A
A
-
Il956
A-O
May
101%
Funding
25-year
84
90
22
77
84 %
2%s
25
92%
95%
28
109%
116'%
19
79%
87%
8G%
—
11
95%
107
26
J-J
*103
108
99 '/a
104'"
108
Wheeling Steel 3%s series C
1st mtge 3 Vis .series D
Wilson & Co 1st mortgage 3s
104
Winston-Salem
101%
tWisconsin
4%sll2013
101% 101%
Apr
Standard Oil of Calif 2%s debs
1966
Standard Oil (N J) deb 2%s
IIIl97l
2%s debentures
1974
debs_IIIIH1966
J-J
1972
J-J
debs
debentures
IIII1973
46
5
43
J-J
Sumay Oil Corp 2%s
"G
100% 101%
107% 107 %
M-N
43
98
41
98
72
93%
43
101%
103
97
1
97
104%
97
U-N
*103%
2019
J-J
>119
1985
A-O
1965
U-N
1970
A-O
—
1st
&
imp 2%s
Corp 3s deb
&
New
series
Orleans
D
118 %
37
99%
105% 106%
16
ref
M
3%s
1st &
ref
M
3%s series C
series B
*95%
1990
A-O
5s
2000
J-D
124
124
1985
J-J
102
gold
Public
Elec
Included
102
62
99 3i
99 U
99 31
23
95'/a
92
90%
92
14
86
76%
74%
77
129
64%
86%
5
100'/2
101%
98'/2
IOOV2
101%
101% 101%
100'/2 100'/2
8
101% 102 y4
151
;i%
102 y4
100
lOlil
s
97
98
8
100
100
5
96'/2
100
6
102'/2
104
112'/a
113
97%
102%
1960
4s—
100
102% 102%
*115%
J-J
J-J
96 %
—
99'/2
deposit
75%
74'/4
76
41
37%
41
71%
103
79
Af-N
74%
36
49 %
■35%
46%
95%
98 %
101%
101%
104%
107
*98 y4100
2%s
1976
J-D
1979
M-S
3 y4s
1971
J-J
*106%
Power 2%s
1976
J-J
*95%
Power
78
.71'/a
J-J
,.
1st 4s___1936
Service
Lt &
II
96%
94
98%
not included
in
in the year's range, y Ex-coupon.
gNegotlability Impaired by maturity.
^Companies reported as being in bankruptcy,
99
the Bankruptcy Act,
92%
1
88 '/a
2
118%
127
•Friday
25
97%
102
A Bonos
102
101
delivery sale not Included In the year's range,
d Ex-Interest,
e Odd-lot sale not
the year's range
n Under-the-rule sale not Included In the year's range,
r Cash sale
1-125 Va
92%
99%
Deferred
106%
94%
97
101
1st
2
100% 100 »/2
63%
Ry—
of
Electric
103
104%
Gen & ref M 3%s series E
Pacific
&
a
RR—
1st &
Texas
101 %
102%
1021/4 103
103
97%
A-O
.„
1958
mortgage 2%s
Wisconsin
Yonkers
Terminal RR Assn of St Louis—
Ref & imp M 4s series C
156
Certificates of deposit
Wisconsin
99%
101%
„
A
97
97%
115'A
*99%
1967
1949,
1st
B
§ ASu & Du div & term
98
103
102
S
Central
A Certificates
52
102%
99% 100
M-S
J-J
1970
§ Alst general 4s„—
107%
1
96%
102%
96
103%
1
104% 104%
F-A
101%
49'/2
J-D
1995
101 %
19
102
1992
103
J-J
54%
99%
J-J
102
A-O
53%
Af-N
100% 101
MS
109%
52 '/4
53%
M-N
U-S
J-J
J-J
U-S
Gen & ref M 2%s series A
110
107%
106%
28
M-S
A-O
1973
100%
—
106%
57'/2
56%
1949
102%
—
1
6
56
M-S
Wheeling & Lake Erie RR 4s
A-O
1st gold 4s
~~1951
Southwestern Bell Tel 2%s debs_I..1985
3 Vis debentures
1983A Spokane
Internat 1st gold
Ref
El & Mfg
debentures
debentures
A-O
St Louis Div
Texas
2yas
2.65s conv
Westinghouse
98
107
106% 106%
J-J
1950
1951
—1960
1951
IP'7!
—
1956
gen 6Vis series A
Memphis Div 1st gold 5s
Texas
Telegraph Co—
£5 real estate 4%s
gold 5s—
99%
106%
Union
Western
95%
92%
101
55
45
104
105
107
92
106 J/2
99%
99%
*104
99'%
104%
49
49
*„
7 6 '/2
102
87%
86%
*105% 106
Jan2014
Western Pacific 4%s inc A
83
'/2
64
94%
98%
*__
A-O
F-A
F-A
J-D
J-D
1956
.
ptvel &
106'/2
75
67%
*101
Af-N
Co—
(subordinated)
debs
30-year 5s
35
102Vi
103 Va
75
M-N
.
77%
74%
MS
143
95
2%s
96
98 %
67%
*96
1970
Warren RR 1st ref gtd gold 3%s—2000
Washington Terminal 2%s ser A—1970
Westchester Ltg 5s stpd gtd
1950
Gen
mtge 3 %s
1967
West Penn Power 3'/is series I
1966
West Shore 1st 4s guaranteed
2361
Registered
2361
Western Maryland 1st mtge 4s
1952
104%
100% 101%
102% 102%
F-A
J-J
Baking
5%s
98'%
83%
2%s
Ward
123 Va
90
Co
79
—
—
75
75
Apr
Apr
Apr
Jan 1981
Vis series B—Jan 1991
1st mtge 3'/4s series B
1971
Walker (Hiram) G & W 2%s debs_1966
inc series A
Gen mtge 4s
Gen mtge inc 4
Walworth Co conv debentures 3V4s_iy (6
95
83%
series
*105%
104
,v 98
2
11
102% 102 %
—
HO
w
99%
123
89%
6s
A-O
—
86
86
86
101'/2
104 '/2
107%
—
103%
*__
A-O
54%
1
95
gen
24
*102% 103%
——
M-N
101%
96
25
J-J
&
'
98 '/4
103%
—
109 % 110
J-J
1973
98
98%
97%
J-J
L
A-O
1995
100%
123% 123%
—
1986
4s series
*104%
1979
G.
ser
25
1995
&
2%s
M
100
151
99%
54 %
*47
*102
106
106
102%
101% 101 %
101%
M-S
...
2003
69%
100%
IIl96l
Swift
ref
&
1st
102%
58%
5
1st mtge 2%s series F
1st mtge 2 Vis series G
gen
—
55
128
12
98
100% 100%
98%
F-A
"
A
98
100%
J-J
1994
"
98
99
J-J
-el
1978
102 Va
100
85
65 %
G4%
2%s series E
&
107 Vi
107%
100%
—
80
V' jt \ ■
—
.
*100
—
M-S
-1975
Co—
Devel
Jl-N
96
75%
80
*100
F-A
>
Virginia Electric & Power Co—
92
127
„
102% 102%
64%
A-O
94%
96
100%
103%
101
198i
cons
101'/a
93'/a
80
110
85%
33
103
107% 107%
A-O
105,
3
*126
J-D
1987
1st mtg 3%s ser
1st
96%
99'/a
4
♦96
1958
U-N
—1969
Ry
91 '/a
2
US
—1957
88%
igo*
V/?s
RR
11
A-O
Universal Pictures 3%s debs
61%
A-O
1979
Pacific
103 %
94%
94 %
1959
-1963
83
46%
U-N
101%
100%
96%
96 %
—1967
debentures
100
177
J-D
1963
4Vis
Southern
2%s
86
260
—
13
100% 100%
96 ye
A-O
MS
._1955
86%
J-J
103%
103
76
71%
"I
73 %
73%
,
j-j
104%
99%
>101% 102
—1976
2%s debs
Rubber
S
MS
2%S— —1966
101%
68%
53'%
1965
I
(Oregon Lines)
San Fr Term
C
series
2y2S
mtge
101%
103'/2
103
104
104
12%
*101% 102
*—
68%
J-D
IIl976
debentures
1st mtge
8%
~4 K
84%
1941
_
Ala RR gtd 5s
Tel & Tel Co—
Bell
Southern
10
51
1971
debs
debentures
Southern Indiana Ry 2%sl
Southern Pacific Co—
Gold
10
106%
£4%
1974
Oil
Nor
4Vis
7%
£3
I960
2%s
1st
105%
10
10
J-J
debentures
2%s
II
*8
J-J
t&ASilesian-Amer Corp coll tr 7s
Southern
U
*100%
__
J-J
Jan 2016
2Vis
Skelly Oil 2%s debs___
Socony-Vacuum Oil 2Vis
South
Ref
r-a
—1991
debentures
United Biscuit Co of Amer
—
May
1990
Sons
Debentures 3s
Union
118
—1978
99 '/2
100%
Wabash RR Co-
AGen mtge 4Vis series A
Shell
117
„
Line RR Co—
1st mtge 4s series A
Seagram
—
J-D
Ry—
certificates
bond
*119'/a
—
—
J-J
110
101% 101%
*103% 104%
101%
RR—
Pacific
2%s
11-3
Gen
—1967
deb
3s
M-N
—1970
Calif
of
debentures
Union
Corp—
Gen
Oil
A-O
—1968
debentures
3s
Union
M-N
—1975
coll trust 2%s
'1st mtge &
.
—1971
Electric Co of Mo 3%s__
Union
97%
receivership, or reorganized under Section 77 of
securities assumed by such companies.
or
bid and asked prices; no sales being transacted during current week.
s
selling
■
,
Hat.
NEW YORK CURB EXCHANGE
WEEKLY
In the
following extensive list
we
furnish
a
AND
RECORD
YEARLY
comnlete record of the transactions
New York Curb Exchange for the week beginning on Saturday, Aug. 6
on
and
intended to include every security, whether stock
ending the current Friday, Aug. 12. It is compiled from the reports of the Curb Exchange itself, and is
bond, in which any dealings have occurred during the current year.
or
RANGE
Week's
Friday
STOCKS—
Last
New York Curb Exchange
Sale Price
Range
of Prices
FOR WEEK
ENDED
AUGUST
12
Week's
Friday
Sales
STOCKS—
Last
New York Curb Exchange
Sale Price
for Week
Shares
Range Since January 1
Sales
for Week
Range
of Prices
Shares
Range Since January 1
*
Low
Par
LOW
High
LOW
Par
High
•
ACF-Brill
Acme
Aluminum
Acme
Wire
Adam
Aero
Co
—
1
Alloys—
1
•
5
Surpass Shoe Stores
Mfg
common
Inc
Associates
J)
S
COO
% May
1% Jun
20
■
Jun
1 Va
Jan
American
Jan
5% Aug
1%
Jan
American
7%
Jan
5%
1%
400
3% May
1% Mar
7%
Jan
8%
8%
600
8'/a
Jun
5%
5%
200
4%
Jun
6%
6%
8%
—
6%
300
5%
Feb
7
10% Mar
Apr
Mar
Great
Power
4.20%
78%
50
Southern
Alabama
80
160
'
Alaska
Airlines
Alles
Fisher
&
pfd
1
Internat
Investing
Allied
Products
(Mich)
Corp
common—
Bros
$3.75
Co
America
cumulative
Aluminum
Aluminum
Goods
common
preferred
Mfg
Industries
For footnotes
see
4%
common
paee
33
*
—100
•
•
4%
~
—
78% Aug
91
Jan
92'/a
Jun
97% Aug
700
,
'
rr
Trr
•
„
common
—
Power
Electric
&
Corp common... _10c
.—I
$2.50
prefer*ed_
convertible
preferred
Hard
3%
Feb
6
Apr
American
3%
Jan
5Va July
American
Feb
3%
Apr
American
17%
Jan
Rubber
e%
7%
-
6
16
16
100
13'/a
Jun
6
6
coa
5'/a
Feb
6%
51
51
6%
50
51%
4,500
6
45%
Mar
Jun
S9%
99%
150
93%
Jan
21%
21%
100
20 %
July
5%
5%
200
4%
Jun
American
Meter
Jan
American
Natural
9%
54
Mar
99% Aug
26%
6%
6%
25
common-
American
Class
Jan
American
Potash
&
Chem
Jan
class
A_
75
7%
Aug
Jan
46% July
111
Jan
114% May
2
Jun
37%
2% July
2%
2,700
33%
150
27%
Feb
33%
Aug
75
32%
Jan
34%
Apr
10%
250
9%
Jun
13%
Jan
20%
20%
1,150
20 %
Aug
25 %
Apr
20 Va
13
'
'
—
—
3%
4
—'
9%
'
4%
10
37,500
800
3
Jun
7%
15% Mar
July
34
•5%
Jan
Jun
10 %
Jan
Feb
41
Jan
25%
26%
31 %
31 %
125
36%
36 %
200
30
Jun
24
26
24%
150
22%
Jun
28 % Mar
24
25
1,500
22%
Jun
28 % Mar
22%
23%
3,100
20%
Jun
25 '/a
14,100
'
'
36%
—
-10
1,100
10,200
34%
*
•
.>•••
2%
-
-25
7%
45%
113%
33%
—_
w———
Republics
Mar
Jan
Jan
9%
2
*
Co
—
B
6
66
31
*
preferred
Jan
July
'•
2%
1
Co
Gas
58
'
Jan
34%
•
__20
Co
American Metal Products
6% May
1%
113
'
—
Jun
X44
x44 %
—25
Co
common
Maracaibo
H
1%
'
1
Mach
Laundry
Mfe Co
51%
Jun
—-
1
10
com
American General
American
Jun
%
It
100
convertible
High
35 %
500
1
preferred
4%%
Low
2,500
Light—
&
————
Gas
43%
n
.
100
Co
Class' B
2%
4%
•
— _.
•
common
of
1
6
1
Brewing Co_:
Aitoler
Aluminum
— —
1
Inc
common
Allied
Altes
100
Cities
American
$2
Alabama
Book
American
class A_
Car Co
Beverage
1
44%
1
43%
common
Bantam
American
700
_
Ltd
Aluminum
3%
1%
__
Jan
32%
4%
1
—
Appliance
Electric
Air-Way
(N
2
1%
__
1
Inc
Mfg
Ainsworth
Air
—
10
common
Stores
Hat
Supply
Agnew
warrants
Motors
High
—
24»/a
••
17%
Jan
26% Aug
31% July
Jan
THE
(618)
30
COMMERCIAL
RANGE
Exchange
New York Curb
Week's
Friday
List
Low
Par
American
Amer
Seal-Kap
preferred
series
3%
0
100
100
%
1,200
__ir»
4%
4%
500
8
5%
6
600
Anchor Post Products
2
7%
8
400
pre!erred-.
Thread
7%
-lie
preferred
Equipment Corp
2%
pfd—
—
2%
2'/e
4% May
Feb
4%
Jan
6%
Jun
5%
Apr
Jan
7%
Feb
8
Mar
Jun
17% Feb
Feb
3% May
Clark
Jun
8%
Clarostat
103%
Apr
800
1%
Jun
.—4
Jan
10% Aug
10%
10%
1,400
10%
Jan
114% 114%
10
113%
Jan
6
Jun
8%
Apr
Colon
Jun
19"%
23%
Jan
Feb
Colonial
Colonial
Sand St Stone Co
1,700
—III
8%
8%
800
—£1
American dep rets reg
Associated Laundries of America-
%
%
21%
22%
275
2%
2%
3,600
14%
100
3,900
21% Jun
6% Jun
10%
•
Fisheries
—
—
2%
1
"5%
to
1
Atlas Plywood Corp
Automatic Steel Products Inc
Automatic Voting Machine
Avery (B F) A Sons common
8% preferred
1%
8% Aug
I—Is
14%
1,500
1%
1,500
8
—
Colt's Manufacturing Oo
Hotel Inc
21
Feb
22%
Jan
3%
Jan
51 %
1 % May
July
Jun
Jun
Jan
6% July
Jan
6
21%
Jan
5% May
8%
Vtc ext
Consol G E L P Bait common
•
series B preferred—
preferred series O
100
100
4% %
4%
Consolidated
Apr
900
8
Mar
11%
20
July
25
Feb
IV/2
400
10
Jun
15%
Jan
Gas
1
Utilities
Liquidating Corp
•
Consolidated Mining ft Smelt Ltd
1
Consolidated Royalty Oil
—10
Continental Car-Na-Var Corp
1
Baldwin
7%
|
"8%
1%
1%
100
1
Co
American
"4
"3%
1%
8,900
14%
15
Corp
Baumann
(L) A Co
Beau-Brummel Ties
|
~6%
1
common
is
I
T.
■
,
_II
(H C)
prior
j
Co
Bourjols
300
4% May
100
8% Mar
300
1%
Jan
36%
36%
36%
300
33%
6%
Feb
Jun
37%
9
Apr
Jan
700
46
110
26%
Jan
46
Aug
44
46
780
35%
Jan
46
Aug
13%
14
14
250
13
Jun
14%
Jan
6%
6%
__
400
9
Mar
7%
Jan
May
12
1%
1%
6,300
2%
Feb
3 %
6%
.7%
1,500
5%
Jun
35%
35%
37
225
23%
Apr
68
72
180
62
Mar
Jun
4% July
Light'ft
17
17%
5
5%
3,000
600
Aug
Jan
7
Jan
Jan
18
Apr
3% May
6
Jan
15%
21%-Apr
23
Aug
16
100
13%
Feb
16
Aug
33
oil
Jun
33
Jun
21%
Tobacco-I
Co"
21%
100
19% Mar
g1
10
si
reg,
reS-
^jj^nmbia Power class
23%
A.
23%
2
2
100
July
1% July
21% Mar
21% May
11%
11%
Jan
Feb
Jan
2
23%
Apr
200
1%
Jun
2%
Jan
12%
10%
12%
7,800
8%
Jun
12%
Aug
5%
5%
5%
3,900
4%
Feb
5%
Jan
7%
Jun
— ~r
Forman~DdstlliersII
Junior pfd
Brown Rubber Co
'common
Apr
8
10s
cum
"
11%
class B
10%
12
17%
common
Buckeye Pipe Line
17%
17%
8,900
n
11
11%
15%
Bunker Hill a Sulllvln""."""."
Burd Piston
Ring Co
15%
16%
8
—
Burma Corp Amer
dep rets
Burry Biscuit Corp
8
100
1,400
800
300
{'<!
i7ff
2%
2%
6,900
Aug
20%
12%
6%
5
Jan
May
11% Mar
Canada
" "a
Canada Cement Co Ltd
6% %
1
~4%
Class A
1%
Jan
2% May
2%
3%
3%
Jun
7%
Feb
1
~7%
c- rr*
t
v^>-
5,200
Jun
6% May
19%
1
Jun
Jun
4% Jan
j
Carnation Co common—
Carolina Power A Light $5
Carr-Consolldated
Carreras
8% July
7% Aug
22
Mar
r2% July
r2% July
Feb
22
24%
Jun
24% July
Jan
pfdIIIII
dep rets A ord
Amer dep rets B ord
Carter (J W) Co
Casco Products
common
common
Castle (AM) A Co
Catalln Corp of America
Central Maine Power Go—
CT
1
Conv pfd opt div ser
Conv pfd opt dlv ser 1929
Century Electric Co common
Century Investors Inc
preference
Cessna Aircraft Co common
America
Charts Corp common.
For footnotes
«*•-
200
iM
1
1
"oC
1
7%
Jun
7% July
% July
1%
~1%
12,400
1
Jun
13%
13%
650
12
May
—
10%
9%
Jan
Jan
148% July
1% Jan
21
Jan
~2% "2%
7%
Jun
8%
Apr
300
2%
Jun
3%
Apr
47
405
40 %
~3
~2%
3
2,400
"5%
100
'
•
4
25%
__i
1%
81%
1
3%
81
9%.
13
83
4
26
4% Mar
Feb
Mar
x4% Mar
400
3%
150
24%
Jun
1,900
3%
Jun
3%
81%
200
Crosley Motors Inc
Crowley Mtlner ft Co.
Crown Cent Petrol (Md)
__Il
Jun
3%
Jan
5%
3,700
4
Jun
7%
4%
4%
4%
700
3%
Jun
4%
Apr
1 %
29,900
4%
Jan
37
37%
750
4%
4%
1,700
30%
30%
30%
200
66%
€5%
8
8
113
H Aug
114
105
105
11%
33%
4
Jun
Feb
27% July
500
66%
113
11%
6%
Jun
5,500
58%
Jan
12
;Jan
Apr
Apr
8
Apr
Apr
67%
Apr
109
Jan
114% May
100
Jan
106
86%
2,600
2%
2%
2,000
2%
Feb
5% Mar
40
1,000
84 %
85
40%
32%
250
11%
9%
Jan
z8
May
70% Jun
2%
July
12% Mar
18
May
103%
Jan
12%
12
1/64
10%
5%
5%
15%
15%
15%
12%
Jun
3%
Jan
% May
1%
Jan
10%
Jun
14
20
1,300
Mar
l7tf
12
Jun
28 %
1,100
A Jun
A
Jan
7,400
%
1/128 July
32
AUg
5,400
12
Jan
36%
Jun
1,500
4%
Jan
200
14%
Jan
1,800
6
7%
4%
Feb
16% Mar
6% Apr
Jun
42
25
31
2% July
Aug
5%
Aug
Jan
32%
4,800
it
1%
14,300
3%
3%
1,400
3%
125c
—
Crystal Oil Refining common
$6 preferred
—
Cuban Atlantic Sugar oommon
6% preferred
3%
Feb
41%
Jan
A Jun
1%
Aug
3% July
7%
Jan
28%
Jun
5%
5%
6%
Apr
900
5%
Feb
8%
Apr
13%
partic.
Crown Drug Co common
Cuban Tobacco
31 %
11%
11%
200
11%
Aug
13%
Jan
2%
2%
2%
600
1%
Jun
2%
Jan
3%
3%
200
1 %
Jan
4% May
17%
17%
4,700
6
6 %
5
Crown Cork Internat'l "A"
*
—
700
7
10
—
.1
Jun
5
30
17%
-100
Jan
14%
102
'
~7%
"7%
Apr
Mar
65
May
17% Aug
106
_
*
7%
250
2.50
May
5% Mar
8% Mar
4%
Jun
6
10%
common
Curtis Lighting Inc common..
Curtis Mfg Co (Mo)
Jun
14%
Jan
27% July
33%
Jan
Jan
D
1
Davidson-Brothers Ino common—
...10C
Hay Minp.s Tnn
—38
Dayton Rubber Oo class A.
-BOC
Dejay Stores common
1
Dennlson Mfg class A common—
debenture
8%
.
Devoe ft
—8
_
_
Detroit Gasket ft Manufacturing
Detroit Gray Iron Foundry
-
1
-1
-
10
-
30%
75
5%
6 Va
1,300
5%
Jun
2
2
600
1%
Jun
27
27
5%
—
—
6%
10
10%
140
22%
Jun
300
7
67/8
10
10
-100
—
Derby OH Co common
Detroit Steel Products.
29%
.1.8$
Davenport Hosiery Mills
6%
Feb
600
9% May
32
Feb
8
Jan
11%
140
Jan
Aug
20
132
10%
11%
1,600
10
Jun
15%
Apr
7%
100
7
Jun
9%
Jan
1%
1%
1,300
1%
Jun
2%
18%
19%
18
Jun
23 Vb
Jan
9
Jun
12
Jan
Feb
—
19
140
1,000
w—.
_
Jan
6% July
3
Jan
7%
11%
—
0
Raynolds class B
Jan
Distillers Oo Ltd—
Amer
dep rets ord reg
Dobeckmun Co
Jun
14%
9%
500
6%
Jan
10%
Jan
3%
3,700
2%
Jan
3%
Aug
26%
Jan
11%
Jun
14%
Jan
20% Mar
22%
Apr
——
9%
Domestic Credit Corp class A.
Dominion Bridge Oo Ltd.
10%
9%
3%
fl
common.—
1
—
—
•
—
_
Dominion Steel ft Coal Class B
-21
Dominion Tar ft Ohem Co Ltd
Dominion Textile Co Ltd common
•
_
—
—
_
•
Drapsr
14%
14%
—
14%
500
—
97
•
Corp
Power
8
~9%
500
62
77
77%
6%
Apr
~2
"2%
500
1%
Jan
11%
12%
325
9% July
50
—1
100
—£1
Co.
_____
57
Jun
33
May
10% May
Feb
65
23
•
Dunlop Rubber Co Ltd—
Amer dep rets ord reg
9% Mar
62
—10
On
Duval
"2
•
I—1
3%
0
Texas Hulphnr
•
Eastern Gas & Fuel Assn com
4%*
prior preferred
preferred
8%
101
..100
_
Eastern M&lle&hle tmn
.
3%
300
Feb
13% Mar
2
9%
100
"7%
14%
8,125
76%
83
2,160
100
13%
7%
14
830
13
7
14
1,125
10
74% May
9% Mar
85% Jan
5%
Jun
32%
74
Feb
79
3
Jun
Jan
May
7%
Feb
2% Mar
13
Aug
36
4%
5%
Feb
Jan
81% Aug
shares of beneficial lnt
3
Jan
14
66
62% Aug
——
69,000
1
11
10%
11
Emsco Derrick ft Equipment.
Equity Corp
$8
common
10c
convertible preferred.
-
Esquire Ins
Eureka
Eureka
Corp
~i%
Ltd
Pipe Line
common—
.
1%
38
1
66% May
9%
5%
1,000
Jan
1,100
11
1%
6,800
Jun
5
Feb
1%
75
400
%
-j'd
11
—
15% Aug
13% May
101 %
Apr
Apr
1% Mar
Aug
38
5
Jun
i9e
% May
Jan
Feb
Feb
14
Apr
7%
13%
Jun
4
7,600
Feb
Jan
10
Mar
31
'4%
38
4%
%
13% May
Mar
5% May
10% Feb
13%
12
-1
1
400
11% Mar
60
92% July
5%
..-I
—
100
__
1
Jan
Aug
69
Jun
18
Palrehlld Camera ft Instrument
Engine ft Airplane
Metallurgical.——
Association (Phila)
Fansteel
4%
19%
—10
18%
900
12%
Feb
4%
8,700
3%
Feb
11%
3,300
8%
Feb
€3%
18%
4%
10%
1
1
-~*
64
18%
90
57%
Jun
2%
Jun
3
3%
2,000
30
30%
250
25
14%
14%
100
13%
4%
3%
4%
500
Jun
5% Mar
13%
Apr
65% Jan
3% July
Jan
Jun
33
July
16
May
Ford Motor of Canada—
July
7%
Jan
7% Mar
10%
Jan
6
65%
10«
2%
Jun
39
15%
—
Jun
50
2,250
14%
common
1%
37% Mar
Ford Motor Co Ltd—
Jan
400
1,200
July
750
62%
15 %
Aug
9% Jan
Jan
6%
"2%
69
55
—1
Apr
6%
"2%
61 %
1
-10C
4
6%
"2%
Electric Bond ft Share
$2 dlv cum preferred
Fishman (M H) Co—
6c to tl Stores
3
Jun
30
1,000
Fire
36%
2%
Apr
7%
First Tork Corp common—
Aug
35% Jan
Feb
70
75
7 %
Apr
Aug
600
77
Jun
"7%
Jan
14
3
Jun
61%
*
Empire District Electric tft pfd
Jan
62
550
1
Empire Mlllwork Corp
4%
125
70
1
Electrographlc Corp
Jun
70
69
(8 pfd shares of beneficial lnt
Easy Washing Machine class B
common
27/a
69
•
15
83
2%
3%
4
70
.•
88%
Feb
3
2,300
Aug
13
Jan
5% July
5% July
May
4
10% Mar
Mar
14% Aug
5
I_g
Iiq
200
5% Aug
4% Jan
Feb
55
13
13
28
•
Eastern States Corp
»7
preferred series *
$6 preferred series B
Eastern Sugar Associates—
Fair child
100
Haloo
48
Apr
111% Mar
Feb
2
"5"%
IHjf
1
Mar
2
12%
j
Jan
109
2s 8d
19
oho*
400
7%
£1
Central Power A Light 4 %
pfd
1.100
fCentral States Elec 6% preferred
100
7%
preferred
100
Chamberlln Co of
8
7%
148
109
preferred
Central Ohio 8tee) Products
Conv
7%
1
Ltd—
Amer
3.80 %
1
•
__
10
200
9,200
1
_•
—
45%
jj.jjq
Biscuit Co—.
Jan
Jun
20 %
•
Capital City Products common. HIIIII5
Carey Baxter A Kennedy Inc
_i
.
5%
8% Mar
5% Jan
109
.
Aug
5%
—1
Brewing Co..
Com
__m
Canadian Industries Ltd—
7 %
preferred
Canadian
Marconi
Carman A Co
Croft
Duka
Alcohol—""
II
Feb
Apr
4
5%
32
Drlvar Harris fin
33,700
•
voting
Jan
8
34%
Jun
10%
I
Creole Petroleum
Jan
1%
I_IIl2g
Class B
non-voting
2
Mar
4%
36%
Jan
Canadian Canners Ltd
common——*
Convertible
preferred
•
Canadian Industrial
Jun
Jan
22
dep receipts (ord reg)—£1
Duro Test Corp common
--"""""III*
preference
1%
3%
5%
50
American
Feb
1% July
1CJ
I
"7%
common
May
900
27
10%
convertible preferred
5 %
%
2%
1
1
Bread Co Ltd
2,400
2
Courtaulds Ltd—
12 %
300
t
•
—
1%
14%
5%
25%
5%
22%
3%
1
Cailf Cotton Mills Co
California Electric Power
Camden Fire Insurance
1,600
1%
„
27
1
Durham Hosiery class B common—
3%
«i
Ltd_I~~~
•
Duraloy (The)
—888
pfd
Mar
1
Reynolds common
preferred class A_
$1
Jun
1
Calgary & Edmonton Corp
17
Cosden Petroleum common
Jun
c
American d^p rets 5
%
Calamba Sugar Estate
Jun
Jun
10 y8
450
2%
11%
Inc.
Coro
& Jun
12,500
2%
12
14% July
4% Jan
10% July
^
A
Cable Electrlo Products
common
Cables A Wireless—
14
16
2
Feb
74
21%
16
dep rets ord bearer
Amer dep rets ord
reg
British Celanese Ltd—
Jan
16
36
37% Aug
69
•
Amer
Aug
14% Aug
Jun
7% Aug
13%
British American
Co
6% May
*
British-American
Bruck Mills Ltd
Jan
Apr
7%
"inn
Dfd
°rd
uru
2
42
—-
Class A
*m.o
5%
10% July
~3%
„
5ruc?
7
6%
Breeze Corp commonBridgeport Oas Light Coll
Brillo Mfg Co common
_
Mar
•
common
Inc
7 % May
14
1%
fln
Brazilian Traction
Feb
Jun
Jan
10%
■
common
cum
5%
16%
~5%
7
\
A Co common
Borne, Scrymser
500
Feb
10%
•
Blauner s
common
Blue Ridge
Corp
6%
13%
1%
Blrdsboro Steel Fdry A Mach Co
com-*
Class
Jan
*5
——
IIIi
Benson A Hedges common
Convertible preferred
Bickford's Inc common
Brown
Jun
Jun
3
10 %
II
common
Bell Tel of Canada common
Benrus Watch Co Inc
Blumenthal (S)
6%
100
1
Beck (A S) Shoe
Corp
Bellanca Aircraft common
5%%
Jan
8% Aug
7
Seellg Mfg—
$1.20 convertible A common
Basic Refractories Inc
Bohack
36%
Feb
4% July
shares
Steel
A
Jan
51%
Jan
•
Corroon St
common
Banco de los Andes—
Barlow
Jun
32% Mar
n
Rubber
Barium
41
55% Mar
Locomotive—
preferred
Baldwin
1%
Feb
12%
Oo
Rights w 1
2,300
%
38%
700
1/64
1
Cornucopia Gold Mines
54%
1,300
34,600
14%
Consol
10%
53
9% Mar
51%
1
to 1950—
Jan
9%
53
10 % Mar
Jan
16%
B
e
1
11
Jan
6
14
J
Continental Fdy, ft Machine Oo
Cook Paint & Varnish Oo
Babcock A Wilcox Co
500
48%
14
21
Commodore
Community Public Service
Compo Shoe Machinery—
11%
10
—
300
8%
1 %
Colorado Fuel ft Iron warrants
Feb
4%
28
—
Ayrshire Collieries Corp com
1
Jan
11
14%
8
Feb
8%
■
5%
%
4
~8
—
17%
5%
Development ordinary-
7%
16,900
1
•
11% Jun
la "* Jan
1
50%
10%
Cockshutt Plow Co common-
■fn Mar
35
I
175
Aluminum Products Co
Club
6% July
1
—80
Jan
16
Feb
114% Mar
Associated Electric Industries-
Associated Tel A Tel class
—20
Airlines
7%
Jan
64%
100
Aug
5%
600
Atlantic Coast Line Co
Atlas Corp warrants
1
46,400
7
13%
Jun
4
Lambert Mfg
Clayton St
Clinchfleld Coal Corp common
10%
10%
Jun
57%
1
Claude Neon Inc common
Jan
9%
22%
preferred
Corp
3%
1
—
Jan
22%
(The)
109"% July
10
125
8%
10
Controller Co
Co
200
15
— —
1
High
Low
11%
62
8%
City St Suburban Homes
Mfg
Range Since January 1
High
10%
.
5%
10
•
1
Jan
Shares
61%
,
8%
B
10,600
22%
Coast
11%
62
10
10
17
Atlantic
—0
—
Cities Service common
5
16%
conv
100% Aug
Low
_1#
Cherry-Burrell
common
Chesebrough Mfg common
Chicago Rivet St Mach
Chicago ft Southern Air Lines
Voting trust ctfs
Chief Consolidated Mining
2%
17
SI.2o
Jan
of Prices
"v
■
9%
-2~80
Ashland Oil A Refining Co
Aspinook
V
10
9%
0
Common class A non-voting
Aro
' '
Sales
for Week
Range
■
Par
450
5%
107% 109
109
•
Arkansas Natural Gas common- 2
6 %
3% Mar
% Jan
Jan
5%
'
.
12%
55/8
5%
1
——
Arkansas Power A Light $7
% Mar
58
•f
High
500
I
Inc
2%
Bale Price
700
£1
Week's
Last
New York Curb Exchange
City Auto Stamping
Angostura-Wupperman
1
Apex-Elec Manufacturing Co
Appalachian Elec Pwr 4 % % pfd__ -100
Argus
12
Friday
4%
1
Angerman Co Inc common
Anglo-Iranian Oil Co Ltd—
Amer dep rets ord reg
AUGUST
STOCKS—
46,000
American Writing Paper common.
American
EXCHANGE
ENDED
Range Since January 1
Low
100 %
%
U
10c
Superpower Corp common..
$6
Shares
High
3%
2
common
WEEK
Sales
for Week
Range
of Prices
Sale Prlee
FOR
Monday, August 15, 4949
CHRONICLE
FINANCIAL
CURB
YORK
NEW
STOCKS—
&
Amer
dep rets ord reg..
-*1
800
Class A non-voting
19%
20
Class
20%
20%
25
ii;
ii
25.000
Ford
B voting
Motor
Amor
of
Jun
4
Feb
21
Jan
Mar
17%
20
5% Feb
23
Feb
France—
d*t> rets b**rer
%
A July
%
Jan
THE
Number 4829
Volume 170
COMMERCIAL
NEW
YORK
RANGE
Week's
Fuller
10
8
50
Jun
10%
Jan
23% Mar
Aug
8% Mar
26
Aug
Kings County Lighting common
4 %
cumulative preferred
King Seeley Corp
Kingston Products—.—
Kirby Petroleum
"
9
8%
600
7%
Jun
9%
Apr
35
35%
16%
16%
1
2%
2%
1
•
5
4%
•
400
15%
92 Va
Apr
Feb
8
1%
100
1
Jun
1%
3%
2,200
2%
Jun
3%
23%
23%
23%
125
22%
Feb
7%
Jun
8%
5V'8
Jun
6% Mar
£1
-.1
'
__
5%
__
~6
1,300
7%
10
•
100
Phoenix Oorp
-1
Plywood Oorp common*.
50o
Public Service $6 preferred—*
Power $6 preferred
•
preferred series A
35%
General Fireprooflng common
General Outdoor Adv 6% pfd
General
Georgia
15
preferred
Gerity-Mich
Gilbert
29 V*
1ft
IS
300
15
Feb
17
Mar
2%
800
2
Jun
3
Jan
9%
Feb
2,200
700
1%
1
Feb
8%
Jun
36
Aug
103
Jun
3%
3%
1,300
3%
2
2 Va
1,600
1% July
Jan
5%
Feb
4
Jan
95
Jan
100
May
Xll2%
—
Jun
116
Mar
Jun
106%
Feb
3%
Jun
4'/a
Aug
4
Jan
105%
4%
4
4%
600
5%
6 Va
4,300
*
Jun
Jan
14
—
14
100
10%
__
10%
100
12% July
9% Jan
6y8 Aug
18% Jan
Jan I
12 Va
Aug
18%
23
July
8
Aug
22
22%
8 T"
400
14
14%
300
13%
Jan
~4 Va
100
3%
Jun
5%
Jan
13 Va
12%
13%
5,100
8%
Jan
13%
Apr
6Va
Jun
8%
Apr
5%
5%
5%
Jan
20%
20 Va
20%
500
19
6%
Feb
6%
"9%
"9%
200
9
Jun
10%
22%
7%
1
—
75
•
18
17%
13 Va
3,000
Jun
21%
Jan
1
10 %
10
10%
1,500
9'%
Jun
11%
Jan
Globe-Union
B
15
16
700
13%
Jan
16
Ino
6 Va
12
—
16
•
Lake Shore Mines Ltd
1%
1%
—1
>
40%
41
Goldfleld Consolidated Mines
—
400
1%
41
28%
.—*
B
$4.30 prior preferred
30%
1%
75
35
Jun
21
Mar
74%
.—I
Lanston Monotype Machine
La Salle Extension University—
Lefcourt
Le
Realty
Tourneau
Line
•';f
Inc
Material Co
400
11 Va
Corp common
—I
Lipton (Thos J) Inc 6% preferred
IB
*
common
11%
22%
3,100
13%
13%
1,300
"7%
~7%
'
"7%
Aug
Groceterias class
18%
Jun
10 V2
Feb
1
1
Mfg common.
Graham-Paige Motors 6*
conv
7%
—X
Gray Mfg
.—I
Co
1st
A Pacific
—If
(T$xas)
300
-28
$4.40 pfd
Gypsum Lime A Alabastlne
1,100
xl35% 136%
36%
7%
Jan
26 Va
Jan
7%
6%
93%
90
24% May
Jun
9%
%
Feb
lVa Aug
Feb
95
100
83%
80%
84%
5%
Jan
Lynch Corp
10%
62%
Jun
5
Jun
Feb
11%
8
11%
I
8%
1,450.'
100
122
Aug
Jun
142
Feb
32
Jun
7%
Jun
Feb
13 V*
__
Feb
38% Mar
8%
Feb
106% Mar
13%
Apr
Maine
Public
H
Manlschewltz
Hammermill
Paper common
1
Rubinstein
Class
8% %
4%
common
•
Henry Holt & Oo
Hoe
(R)
25c
'"""2
Inc
8 %
&
Oil
Lock
Common
Huyler's
Jun-
8% July
10% Mar
10%
10%
10%
100
—
8
12% May
10% July
11
40 %
42
0%
Jan
May
Feb
39V*
Jun
7%
Jun
3
Jan
2,000
3%
3%
4
800
26%
27
300
26%
12 %
12%
12%
200
12% Aug
5
40%
8% May
48 Va
133
*
Jan
11
Apr
4
Aug
31
Jan
32% May
111% Aug
300
17%
Jun
21
75%
75%
77
4,400
68 V*
Jun
79 Va
30 Va
106% May
2% Jan
47
47
4
Jan
Jan
Apr
4
Apr
6
Jan
500
1%
Jun
3%
Jan
14'%
875
10%
Jun
22%
Jan
2%
•
....
Jan
100
2 V*
11%
14
43
4%
2
%
150
4%
—1
1
Feb
650
20
2
Hygrade Food Products
144
32
__
Jan
Jun
20
~
..
171/4 Jan
42% May
30 %
-1
...
Jun
20
•
....
common
Jun
30%
3
2%
100
13%
13
13 %
500
2
Feb
11%
Jun
47%
Feb
2% Aug
18
Zinc
Co
•
common
Imperial Chemical
Jan
5V2 July
10 Va
Jan
A Ireland
3%
3%
100
•
16
15%
16 %
9,500
3% Aug
Feo
15%
15%
16 %
1,500
13%
14%
17 y4 May
•
Feb
17 Va May
11%
12 %
800
11%
Jan
12%
8V2
Jan
11
£1
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
3
Marconi
—
4%
International Cigar Machinery
•
94%
95
Power
Feb
Jun
100
July
8%
100
10%
Jan
13%
Apr
100
13
Feb
14 Va
Apr
25
Apr
25
Apr
31
Jun
38
Jad
McCcrd
Jil
McWilllams
Mead
Menasco
Merrltt
International Metal Industries A
1
Warrants
0V*%
1%
2,700
15%
3,400
IVa
15
31%
"3%
~3%
1
2.50
*
If
1
Michigan Sugar
6 % preferred
Co
Mlcromatic Hone
common
4
Corp
Class B
v
t
common
Midland
pfd
7%
common
7%
Oil
Midwest
Miller
Wohl
Co
common
convertible preferred
4%%
Mining Corp of Canada—
Minnesota Power & Light 5%
—
*
Murray
States
Tel A Tel
Muskogee
Muter
Feb
22
Feb
Jun
11
Jun
UVa
8% Mar
600
Kldde
1
1%
Apr
17
1%
1,000
14%
400
13% Aug
4%
200
3% Mar
%
100
Co
common
%
Jan
Jan
6%
Apr
1%
Jan
Inc
Namm's
1
National
Bellas Hess common
National
Breweries common
preferred
Fuel
Gas...
Mfg A Stores common—
1%
Jun
3%
Jan
National Radiator
Feb
6%
Jan
3%
200
3%
Jun
5%
Jan
4%
Jan
National Transit common
25
18%
20 Va
Jan
National Union Radio—
3Va May
July
4%
13,000
13%
300
1214
414
119
10%
10%
11 v
300
914
11%
200
914
103
10414
20
Jun
914
For footnotes see
(Herman)
Le
Mur
33.
103
Co
Jun
3%
Jan
100
16%
19
31%
4%
Jan
19 Va
Jun
Jan
22% May
May
2%
Apr
16% Feb
3% Mar
2%
2,000
7%
2,700
6%
Jun
7%
Jan
32%
325
29%
Jun
32%
Jan
10
3,000
7%
Jun
10 %
100
125
93 Va
Jan
Feb
24
Feb
Jan
100
Aug
30
Apr
—
7
800
6%
Jun
8% Mar
2%
2,300
2%
Jun
3% Mar
95
Mar
86
1C2
2%
181
181%
2%
80
May
102% Aug
2% Apr
167% Mar
1,000
183
July
98
100
102
2% Aug
183
Aug
Jan
30%
"3%
41/8
4%
Jun
37%
3%
Jun
10%
Jun
4% Feb
14% Jan
2,700
33 %
Feb
31
31%
650
99%
99%
30
95
103%
Jan
19%
19%
100
17
Mar
22%
Jan
29%
29%
50
24
Apr
9
2.50
11%
10
29% Jun
July
29 V*
Aug
Jun
10 Va
Jan
10% July
13%
Jan
Jun
12%
Jan
7%
400
9% '
200
12
8%
500
8%
11%
7
300
10
Jun
4
100
3
3%
4
13,700
2% Mar
32%
32%
32%
170
29 % Mar
10 V*
97/a
10%
common-
England Tel A Tel
Haven Clock A Watch Co
% % convertible preferred—
NeT'
Jun
13
Feb
Jan
914 Mar
1214 Mar
4
8
.
8%
8,500
6%
300
8%
6
:.
6%
7%
6%
7%
6%
5%
200
7%
7%
15%
200
~2%
2%
2%
7,500
16%
New
Mexico
Mar
105
Mar
Park
New
Process
A Arizona Land—
Mining
5%
Co
Co common
16%
200
5%
5%
14%
Apr
Jan
Jun
10%
Jun
Jun
Jun
3
Apr
2%
Jun
6% Feb
12% July
200
Jan
33%
10% Aug
7% May
200
15 Va
Jan
July
34
May
6%
^
4
Jun
'
600
5%
v
Jan
34
■
5%
Aug
Jan
10% July
10%
9
Jan
Jan
8% Mar
18 Va
Apr
3% Mar
4%
9
Jan
May
16% Aug
5% July
87%
Jan
Jun
3%
Jan
Mar
7%
Jan
78% May
86%
810
3%
86%
3%
100
3
58%
59%
300
51
Jun
67
Jan
7%
3,500
6
Feb
11%
Apr
1,500
1
Jun
1%
Apr
65
Apr
CO CO
/
59%
New Jersey Zinc
13
Mar
3%
Corp
New
1314 Mar
127
New
.lit
page
9
100
2%
Co
Jan
May
Feb
July
6% July
preferred
250
3%
—
National* Rubber
Nestle
11
I
A Oo
25
July
11%
6%
67/a
Neptune Meter common—
4%
'Jan
10 % May
100
99
100
Machinery
National Steel Car Ltd—
13
4%
2 3/a
Jun
Mar
4
4%
Kimberly-Clark Oorp—
4 %%
1%
..
_•
Feb
8% Aug
17%
9%
common——
1,700
1W
8%
32% Aug
Feb
N
1,500
19
Aug
Jun
21
7
Corp
Ifachman
5%
19
8%
6 V8
11,300
2%
7 Va
31%:'
common
3%
__
19
Jan
1% May
6% July
7,400
2%
11%
Company
5%
•
Inc
1,500
17%
Jan
common
(Walter)
7%
~8%
21
12% July
Nelson
Kennedy's
5% May
9%
Jan
1,000
K
Key Co
2,600
18
•
3%
3 Va
~
Oo
pfd
3%
>
Jan
6%
Jun
% May
3%
Ohio Mfg Co
Aug
6'%
%
1
Aug
Jun'
6%
700
11
11%
—100
Mills
3%
1
6
4%
1 Va
-
9
10
•
Producers
Mountain States Power common..
Apr
Va May
1 Va Feb
%
Mar
300
•
Corp
1
Monogram Pictures common
1
Monongahela Power Co—
4.40% cum pfd
1H
4.80% cum pfd series B
10$
Monroe Loan Society com class A
1
Montgomery Ward & Co class A——*
Moody Investors partlc pfd
•
Morris Plan Corp of America
lOo
60 V*
4%
-
Mar
400
2
•
pfd—10B
Missouri Public Service common
12%
13%
14 Va
Apr
6
29Va
2
1
COo
50
common
Jan
600
Jan
48
G
~8
10
Co
Midwest Piping A Supply
Mid-West Refineries
Jan
%
%
sya
Jan
7Ve
7 Va
7%
8O0
Abrasive
Mid-West
47
12%
12
s
vllOVs Jtfn
Jan
3%
200
5%
x8
8%
•
*
$2 non-cum dividend shares—
Mldvale Co
10 Va
1,700
Feb
3% Mar
2,200
4
6
2% July
100
4
"4%
Steel Products—
Mt Vernon-Woodborry
20%
7%
Apr
-.*
1%
1
Corp
Oil Corp $1 conv
Mountain
200
Jan
2Y»
7
5%-
5
•
c
West
Middle
Midland
Feb
2,300
153/4
45
Middle States Petroleum class A v t C—.1
National Pressure Cooker common-
Calser-Prazer Oorp
Kansas Gas A Electric 1%
Kawneer Co
1,900
—II
Michigan Bumper Corp
Michigan Steel Tube
National
Kokenge
1%
Jan
Jun
1% Mar
13%
108%
National Mallinson Fabrics
A
800
2,400
1%
,_2Bo
common-
Participating preferred
National
Preference
8
15
Feb
Jan
9%
7% Mar
Jan
32 Va
34
Jun
25% July
7V4
1%
17%
37
Jun
125
31%
14%
15
4
1
Co
Metal Textile Corp
7%
Julian
31%
Mar
2
Feb
11%
100
preferred
Iron
Apr
1%
1
„
6% May
~6Va
...
A
Mesabl
110%
12 Va
7%
„
Jefferson Lake Sulphur Co—
Jim Brown Stores common
3% May
Jun
"5%
1%
1
Mfg Co
Jun
60%
•
—>
Jeannette Glass Co common
Jan
Feb
5%
200
Chapman & Scott Corp—
Jan
*
Italian Superpower Corp com cl A
Jan
19%
1,300
•
Co
A
98%
12%
59%
International Petroleum coupon shs_*
Registered shares
•
International Products
10
Irving Air Chute
;8%
Jun
6 Va
15%
•
Muskegon Piston Ring common
50
Fireman Mfg v t c
Jun
—•
Dredging
Johnson
4%
13%
16%
I
(A G) A Co class B
Feb
400
~5%
15 Va
1
common
common
2%
2%
"5%
16%
1
10
$2.50 preferred
McKee
2% Feb
—
.10
common.
Corp
6
—
Mfg Co common
convertible preferred
88 Va
Ol 00
—
July
Hydro-Electric—
Preferred $3.50 series
Feb
7%
12%
Marine
Shovel.
1,150
98
Jan
14
—
Communication Co Ltd
110
109%
106
109%
Feb
14%
11% July
900
-
£1
International Safety Razor B
Investors Royalty
Va
12%
(The B) Co
International
Mountain
i
Indianapolis Pwr A Light A% pfd—100
Insurance Co of North America
10
Iron
600
Industries—
Amer dep rets registered
Imperial Oil (Canada) coupon
Registered
International
6 V*
6
—
11
14
Molybdenum
Illinois
Aug
113
May
96
74
26%
•
_
Feb
Jun
5%
,100
&
Hydro-Electric Securities
Apr
Mar
300
_
&
1st conv preferred.
Jan
Feb
8%
12%
91
100
8%
Va
•
warrants.
9 V*
15%
68
—
8%
•
Inc common-
stock
Jun
8%
.11—15
Co
Refining
Mfg Co
Hussman Refrigerator $2.2B pfd
Hurd
Jan
6
900
B
.
Humble
11
500
1
preferred
(Harvey)
300
7 V*
10%
2% July
10 V* July
'
Horn At Hardart Baking Co
Horn At Hardart common
Hubbell
12%
7 Va
10%
•
...
;
A)
12%
10%
10
...
(Geo
1% July
12%
1
common.
Holllnger Consolidated GIL
Holly Stores Ino.
Holopbane Co common
Hormel
Jan
1%
800
100
w
& Co class A
Horder's
2%
800
2 Va
100
w
w
w
Jun
"l%
"•
_
preferred
Jan
8% Mar
I——B
—
preferred
xso%
■
„
Jan
9Va May
17% Mar
Jun
%
1
eommon
A
Heller Co
1%
1
_
6%
Jun
1%
"l%
1
Brewing Co..
Hathaway Bakeries Inc
Haseltlne Corp
Hearn Dept Stores common
Hecla Mining Co
Apr
7y8 Mar
44%
25
Harvard
4%
12
5
Hartford Electric Light
Hartford Rayon common.
Helena
10%
7%
Mapes Consolidated Mfg Co
5%
700
5%
4%
5 V8
•
..
Aug
23%
_1
common.
McClanahan Oil Co
B
_
Bridge Oo Ltd
84 Va
Feb
.10
Service Co
Mangel Stores
McAleer
Lamp Co.
Feb
16 %
M
Massey Harris
Hamilton
66 Va
13,700
23%
77%
lliy8 July
Jan
Feb
102
.100
Aug
95
950
2,050
Jan
Marlon
Hall
22%
Apr
103%
...
Jan
Jan
H Jan
135 V*
..
Aug
26
Jun
5,400
IVa
•
100
preferred A ctfs of dep
preferred B ctfs of dep
Jun
7
■>
25% May
Jan
20 %
76,100
22%
ie
1%
23
6
f
110
38%
8%
38%
common.. .250
Utilities
122
xl20
122
.100
Great Northern Paper
Gulf States
100
Mar
26
7%
21%
22%
Macklntosh-Hemphlll Co
preferred
Grocery Stores Products
100
5%
10 Va
ctfs of dep
Common
Feb
Tea—
stock
common
10%
7%
5%
10 %
pfd -28
Grand Rapids Varnish
Jan
.,14 V* July
Long Island Lighting Co—
30% Aug
bo
Jun
21 % Mar
Lone Star Gas Co.
49% Mar
250
57%
Jan
Apr
13% May
23 V*
Jun
23%
Chain
Louisiana Land A Exploration
X
Louisiana Power A Light $6 pfd—*
3%
56%
43
Jun
Jun
48
-10
Jan
2%
Apr
Jan
<
24 Va May
ot 01
A.
6% Mar
23
6% Max
to
Class B
Locke Steel
Jun
24%
13%
Jan
%
3,900
—60
Mfg Oo
Gorham
7*
14% Aug
Jun
9% Mar
2,400
21%
22
Lionel
Lit Brothers
.700
■
mmmm
common
(R G)
7%
7
Lakey Foundry A Machine.
Corp of Delaware
Lamson
53'%
-
Va
1(5
Jun
350
-
Gorham Inc class A
Non-voting
Feb
May
10
Longlnes-Wlttnauer Watch Co—I
Gobel (Adolf) Ino common
Godchaux Sugars class A
Great Atlantic
Apr
L
Laclede-Chrtsty
Company
L'Alglon Apparel Inc
Loblaw
25
Coal
Goodman
Jan ;
10% Mar
100
10% July
Glenmore Distilleries class B
Class
Jan
1%
12 Va
—X
Co
<
10
~4%
1
Stores
Brewing
12%
Jun
Feb
12 Va
23% Aug
Jun
100
5%
•
Co
Alden
700
1
Gladding McBean & Co_
Glen
36
—
1
.
(AC) common
Gilchrist
—
•
Corp
Yellowknlie Gold Mines
Giant
16%
Oo common.
Jan
23
General Finance Oorp common
General
Aug
Apr
3%
Amer dep rets ord reg
General
Aug
35%
Mar
1%
3%
General Electric Co Ltd—
5%
Kobacker
Krueger
6%
Jan
9%
1ft
.*■
Jan
26%
"
11
10
■
High
3Va
300
3,900
'
preferred
conv
4%
Supply Oorp com—1
General Builders
8%
if—*
I
Gellman Mlg Oo common
General Alloys Oo
14 V* Mar
88% July
IV* Jun
„
.100
preferred.
11
1
Range Since January 1
Low
6%
35%
(IB) Rubber Oo
Knott Corp common
8 <U\
Shares
High
x6ya
Klelnert
Qatlneau Power Oo eommon.
Low
•
B0
—1
Klrkland Lake G M Co Ltd.
(D Km 11)
for Week
of Prices
6
"
Klein
Sales
Range
Par //'v
8
900
26
Week's
Last
Sale Price
High
11V* Aug
6%
2,200
»
Oo
(Geo A)
Low
8
M
preferred—
conv
12
Friday
26
(Peterj
AUGUST
New York Curb Exchange
8ya May
31
EXCHANGE
ENDED
Range Since January 1
300
11%
9%
30
Brewing
.1.28
Franklin Simon b Oo Ino common——1
Pox
(619)
STOCKS—
Shares
High
11
Brewing Oo
Pitt
Fort
of Prices
Low
Par
CURB
WEEK
FOR
CHRONICLE
for Week
Last
Sale Price
Exchange
FINANCIAL
Sales
Range
Friday
STOCKS—
New York Curb
&
7%.
1%
7
1%
1%
11
75
Jan
32
COMMERCIAL
THE
(620)
NEW
YORK
Exchange
New York Curb
Last
•
Low
Par
N
N
Y
Auction
Y
Co
Rosarlo
Honduras
&
a
Y
Y
Shipbuilding
Corp—
5%
1st
5%
2d
prelerred—
preferred—.
Class B optional warrants
Niagara Share Corp common—
Nilea-Bement-Pond
North
class
Rayon
American
North
Central
Northeast
12%
12
96%
Airlines
94
^0:7
114
114
Jan
12%
200
94 4 Mar
110
98
92%
Penn
RR
Northern Indiana Pub Serv 5%
Northrop Aircraft
Novadel-Agene
Schulte
Feb
Jan
114 Aug
Scullin
1,000
%
84
Apr
Selected
Jan
Convertible
Apr
prior stock
Allotment certificates—ir—
Jan
3 '/a
3
2,200
2%
82
—■
July
101%
Bros
64
5,300
5% May
11%
Jan
Semler
13%
14%
500
13 % May
154
Jan
Sentmel
14%
•
Jan
July
1%
Jun
2%
Jan
Jan
Corp
Ohio
Power
Oklahoma
Old
class
44%
Poindexter
Oliver
B
-15
..
Distillery
.
9
324
Jun
270
30'4
106 4
Feb
27(4 July
1,300
200
9
84
Jun
11
11
13 Vs
13 Va
lAc
common
6
Pacific
1st pfd
Lighting $4.50 preferred—
Pacific Power <Ss Light 5%
31%
9 %
14
*
103
14
Jun
22"% Jan
Jun
Aug
32%
350
1004
Apr
Jun
94 V2
50
Paramount
Motors
Parker
Plymouth
Mills
22,900
5,500
Mar
19
26
May
July
SSolar
Apr
Sonotone
4
Jan
Boss
Jun
114
Jan
794
794
80
--
1
4
17
Jan
South
350
19
May
244
Jan
Southwest
500
10 4 Aug
15%
Jan
Southern
54
30
50
Jun
BO
Jan
5%
700
3
Jan
Apr
4%
5%
Pennroad Corp common
Penn Gas & Elec class A
Penn Power &
Pep Boys (The)
Pepperell Mfg Co
common
"-V.
-v4-
——
(Mass)
Jan
14
Jun
8% Aug
2% Mar
100%
Jan
Jun
2%
2%
100
103(4 105(4
200
34 4
•
50%
Jun
8%
Jun
306
1
7
—
13%
7
184
z% July
Pressed
Inc
Metals
184
400
1%
44
Jan
May
294
Apr
54
w
—
May
7%
Jun
4
3%
Jan
Feb
Jan
93
Aug
254
-
236%
24 Mar
87
Jan
'
—
-
2204 July
264 Mar
Jun
10%
10%
16
•
2,000
8%. Jan
12%
Apr
*iV
1,100
1%
Jan
3%
Feb
Jan
3%
1,600
Va May
2% Jun
7%
<7%
1,500
64
Jun
8
34
3%
800
24
Jun
3% July
2,100
25
Jun
10
14
May
37
Jan
3
»-—
7%
——
27%
'
44
44
10
25
29
29
600
274
29%
29%
bdd
28
,_..25
28 Va
23%
36Va
18
Jan
Jan
May
45
2y%
Apr
30
Mar
Feb
May
28%
1,000
200
26% Mar
29%
234 May
26% July
25
26%
26%
1
4%
4%
100
4
July
3
29 4
200
26
Jun
Standard
Royalty Co
Apr
29
•
--
—
—
—
"%
~"%
1
74
—10
preferred
1
Dredging Corp common
convertible preferred
.—20
~1
Convertible
Jan
Standard
Forgings
Apr
Standard
Oil
8%
Jan
Standard Power &
Jun
244
Jan
Jan
"3"A
Apr
Standard
Apr
B
Products
Co
—
360
55%
Jun
69 Va
14
Jun
25%
Jan
Steel Co of Canada—
3%
3%
200
Jun
4%
Jan
Sterling
12%
12%
25
11%
Jan
5%
54
400
4%
Jun
5%
Jan
6
64
800
5%
Jun
8%
Jan
Aug
Apr
16
Jun
214
Feb
2%
4% Mar
Jan
mm
16%
May
19
Jun
Jan
9%
700
8
Jun
10%
3,000
284
Feb
314 May
24
19,100
14
Feb
2
600
14
590
112%
24
Feb
138% 143
2 4
Jan
1%
6 4
300
3%
64
3,600
r
143
Apr
Apr
7%
Aug
Jan
3%
5% July
2% Jan
Feb
Feb
200
Jan
1
8%
31'A
1%
1
164
44
Jun
Jun
9
2 4
614
Jun
4
31
9
314
•
Standard-Thomson
class
Common
—
mm —
.1
com
900
mm
10
Light
Apr
'
1
Corp
(Ky)
Jan
Jan
3'A
5
3,000
7%
Standard
34
64
3d
2% Mar
Jan
34
•
-2.78
Co
Brewing
Standard Cap 61 Seal common
Mar
10
preference
preferred
16%
2.50
34
•
2%
84
xlO%
14
84
Stetson (J B)
95 Va
Jan
Stinnes
38
Jan
300
74
Feb
8%
Jun
8%
Jun
114
Jan
Jun
1%
Jan
10•
100
*
(S)
Jan
Swan Finch
Jan
25
95%
Jan
101
Jan
94 Va
114
Jun
214
Jan
175
9
Mar
124
Jan
5%
5%
400
5
Jun
Oil Corp
994
430
13%
854
110
151
Inc
Texas
Power
Shovel
143%
Jan
Apr
134 Aug
100
4
16,400
99 Va
—
15%
19
•
54
54
54
1
-
i\
1
Tishman
Tobacco
14% May
%
19
Realty
Apr
15
100
104
Feb
124
250
10V«
Jan
44
Jun
5%
164
125
14
Apr
174
2%
400
24
Jun
3
"Jan
8'A
50
7%
Jun
11
Mar
26
Jan
x30
July
10%
Jan
V
dep
def
rets
regis
Shipyard Corp common
Toklan Royalty Corp
Toledo Edison 44% pfd
Tonopah Mining of Nevada.
Trans Lux Corp
3%
1
'"-t
524 Mar
56
Apr
Tung-Sol Lamp Works
4 Va
54
15
Aug
13% Jan
Jan
Jun
19%
425
214
300
2%
2%
May
1%
Temper
21%
Jan
2%
Jan
1%
2,900
CO CO
100
144
144
200
9%
104
400
124 •124
100
8 Va
900
11%
12%
600
64
25c
67
8
8
12%
.
120
15 Va
14%
Apr
Feb
128
May
Aug
174
Jan
8% July
13%
Jan
11
124 Aug
Feb
7% July
10(a
Jan
104
Jun
134
Jan
52
—
%
Jan
67
Aug
350
1%
—
1%
800
450
93
98
—
"24
ft
Jun
300
3 Va
Apr
24
2%
5,600
184
150
21
50
2% Mar
Feb
4,200
2 Va
Feb
Jan
60
Jan
%
21
IIIi
1%
914
Feb
41 Jan
Jun
Jun
3'A
184
64
Jun
%
1
_
com
4
x39
34
%
1
warrants—......
Corp
Inc
3%
200
454
44
44
-700
-100
'
%
5s
—20
Jan
98
f.
u
Jan
4 V8
Jan
-
2% Mar
154
Jun
18 4
21
Aug
244
July
Jan
4%.
500
3%
Jun
7%
Jan
9Va
200
8%
Jun
114
Jan
1
Jan
2%
•
5 Va
9Va
~5Va
convertible
preferred
—
Jan
25%
80c
Jun
2%
FOT
1%
Jun
3%
Jai
Jan
11%
Au
6%
Ap
U
Ulen Realization
7
.100
Unexcelled
—5
Union
2
—
Jan
xl7y8 July
19% Jun
700
500
2,100
Jan
Jun
% Mar
:
14%
_
4Ve Mar
200
184
Trl-Continentai
Jan
3
1,000
7%
2% July
•
30
14 Va
_
*
Trunz
'
29%
144
•
True
17,200
•'
30
•
•
Stocks
Apr
1%
Apr
*2 Va
Jan
Corp
Chemical Corp
of
Gas
1%
11%
5,800
64
300
64
Jan
92%
Jan
57
Ap
99
53% May
114
10%
64
Canada
Union Investment Co
7 4
Union Oil Co of California—
994
—
89
Jan
99 4 Aug
184
—
Jun
27
Jan
•
$3.75 pfd series A—...—_.
Yards of Omaha—
Union Stock
Products
United
8%
8%
200
8 4
4%
4%
100
4
Rotary Electric Steel Co——
—10
204
22 %
22%
May
Jan
10
5%
Aircraft
Feb
United
Chemicals
Apr
United
Corp
Feb
United
1,900
20%
Aug
74
7%
400
x6%
Feb
7% Aug
United
Light &
5%
2,000
54 Aug
6% May
United
Milk
Jun
10%
Feb
4%
4%
400
4% July
3% Aug
6%
Jan
5%
Jan
34
54 Mar
.1.25
6%
1
3%
' 3%
4%
4
44
1,700
300
.
Jun
37
75c
corn-
common
99
Elastic
Railways
participating
common
preferred
150
99
2%
50C
800
100
40
40
•
24
V4
A
Corp—
Products
"i
100
warrants
X54
1
Royalite Oil Co Ltd
33.
2%
•
Construction- ___1
&
Allied
&
Jan
5
Petroleum
% Mar
84
104
Mar
5
common
1,300
24
24
—
5
1
—_
Co
Jan
24
Ltd—
Amer dep rets ord regis—— —£1
May
—£1
common
Jan
124
% Mar
Tobacco Security Trust Co
IS Jan
Co—
common
4%
9% July
16
--I
20
214
1%
Aug
2% May
75
114
144
26
19-
1
14
700
__
9
Jun
2142%
Jan
■
75
6
—
34
2,300
2
■
common
new
90
20
*34
Co
21% July
16 Va Jun
— —
23 4
20
54
14
2%
15
pfd
Light 7%
900
■„
234
•
5%
July
104
1
——
.100
Roofing Inc
Aug
Aug
151
% July
——
1
&
common—
Todd
A
10
7 4
2%
2%
"~"l
——16
Thor Corporation common—
Thorofare Markets Inc —
134
10
•
Jan
Jan
104
-250
Tampa Electric Co common—
Technicolor
74 May
Tilo
93
2%
Apr
244
15.
1004 Aug
75
1,300
9%
150
~I%
75
9% May
54 Jan
Aug
12%
96
•
•
Jan
9%
94
JLOO
Jun
it, Co common
84
100
124
124
Jan
194
300
1
10 4
10
1004 1004
—
•
67%
150
11
Corp
Jun
——8
-.
150
22 4
3
Ray Drug common
Superior Portland Cement, Inc
Superior Tool & Die Co
101
101
724
10%
1
7
■
2% Mar
44 May
21'A
1
Sun
1 Va
•
Jan
Jan
714
Co common
(Hugo)
Stroock
500
1%
2
2%
*
com
Stop & Shop Inc..
5,000
11
100
900
1
Apr
Jun
2%
3%
_•
Products
•
144
26
2%
3%
3%
—III
common
Sterling Brewers Inc
{Sterling Engine Co
Sterling Inc
*
1%
—....——•
com.
& Co
Aluminum
914 July
2.50
—
13% May
(A)
3
1
Corp
Corp
(The)
Jun
11
option warrant*.
16
Jun
25
58%
—
oage
—
__
23
60'A
•
see
—
2oJ
__
1
rets for ord reg
Corp common
footbofen
Jun
■
1
Royce Ltd—
Per
1,660
—
233%
225
16
Starrett
Rochester Gas & Elec 4%
pfd F„. -100
Roeser & Pendleton Inc common•
Havnp*
6
5%
5%
226
27%
Standard Tube class B
Richmond
Ar
13 4 May
27
——
16
Mar
•
Consolidated
Jan
34
1,200
27
July
—
Ryan
"4
11%
600
.—10
39
Rice-Stix Inc
Ryerson
13
3%
12.50
12
preferred
Ave
Jan
20
Edison—
Feb
II
Aeronautical
1094 July
Mar
144
12%
1
Jun
Reliance Electric &
Engineering;.——5
Rvan
Mar
.1
...
Jun
Manufacturing common
5
Reading Tube Corp class A
6.25
Regal Shoe Co————_——
———1
Reis
(Robert) & Co
1
Russeks Fifth
60
Jan
53
105% Mar
18
10%
14
...I
Corn
600
_1
104
Railway & Light Securities—
Voting common :—_.
Railway & Utility Investment A—
Rath Packing Co
common
Raymond Concrete Pile common
(The!
60
—
Btahl-Meyer Inc
Jan
R
Rowe
59%
•
._
——25o
Inc_
Aug
£ 1
364
common
Field
Apr
15 Vt
——
.—
Spencer Shoe Corp.
4% Mar
59"%
cum
Amer
Roosevelt
224
Jun
Southland
5(4 Mar
41(4
conv
4.32%
Q
Amer dep
Rome Cable
Aug
10%
Southern Pipe Line
Thew
Rolls
194
900
——
preference
4.48%
Apr
-—10
Radiator
Rio Grande
Valley Gas
(Texas Corp) v t c
—
100
Manufacturing
$3 convertible
Raytheon
700
154
—
common
2'/a
•
Aadio-Kelth-Orpheum
Apr
20
14%
•
600
common
Quebec Power Co
Feb
3'A
19%
1
1,000
Colorado—
cumulative preferred
Puget Sound Power & Light—
Oats
Jan
11%
Jun
59 Va
1-100
Pipe Line
13%
18
1,000
———100
preferred
...
1%
44%
6%
134
Jun
2%
143
1™
1
Quaker
Jun
84
20
1
Feb
11
100
~2!» 1
1
Pyrene
8%
300
5,900
mm—
11%
America
Co
200
3%
_
10
$5
prior preferred——
Puget Sound Pulp & Timber
-
Jan
94
*
preferred
38
Producers Corp of Nevada.
Pyle-Natlonal
Jan
Apr
Jun
2%
•
California
conv
11
4
•
114
common
class B—
Providence Gas
iA—
Public Service of
Pa
2
200
Publications—
374
common
Prosperity Co
4%
Jan
8%
_•
H'4
common
of
5
Jun
3
100
—
Ltd
5% July
2,700
■
Prentice-Hall
Mar
Stein
a.
Jan
300
%
«
1
Mining Co..
Aug
3%
11
--
2,
80
Feb
2%
25
original preferred
cum preferred
$1.60
1
48/2
May
24
.100
37 4
common
1st preferred& Lambert Co
700
100
134
2
Pleasant Valley Wine Co
Alexander
56
10
47
"
•
•
Corp of Canada
Jan
554
50o
Co
32% Mar
3
554
1
common
common
450
35 4
Jun
10
M
Aug
34
Jun
106 Va May
8,000
—
Pittsburgh Bess & Lake Erie RR_—50
Pittsburgh & Lake Erie—.
50
Pittsburgh Metallurgical common
8
6%
Pratt
7
8%
—2.50
Pitney-Bowes Inc.——
&
29 Va Mar
—2.50
.
—
Governor common——.
—1
Johnson Ltd Amer shares—Pioneer Gold Mines Ltd
1
Piper Aircraft Corp common
1
Powdrell
Apr
8(4
103/a
Plnchln
Polaris
27%
--
Pierce
Power
254
100
4
•
1
Scale
Jan
29
8/4
-1
Pharis Tire & Rubber
Pneumatic
41
29
--
-100
Perfect Circle Corp
Philadelphia Co
Phillips Packing
250
234
23
1
Traffic Co..
Penn Water <fc Power Co
444
23
Light 44% pfd
Penn
43%
441/2
•
Jan
80
76
200
19%
72 4 May
4,000
8%
•
—
Oil
Penn
4.56%
Peninsular Telephone common
$1 cumulative preferred
$1.32 cum
preferred
Jan
14 Aug
164
%
1
4.88%
3%
/tt
174
Jun
Jan
Jan
Apr
15
13,400
;
-V
%
•
Corp
52
•
2
%
34
— -
IIIIb
Manufacturing common
Coast Corp common
11(4
Apr
2
12% July
2 4 Jun
24
3%
1
,
South
144
,
194
Jun
15
.
Manufacturing Co
21 % x22 (4
21-,4
50
284
Aug
'
1
Solar Ail craft Co^.—
384
6%
--
1
Ltd..
2%
7(4
98
Feb
10(4
1
5
Parkersburg Rig & Reel——
Co
7/4
,
Corp
214
7(4
2 fa
—-
Co
Pen
Jan
37% July
1% Jun
--
5,300
„
14
—
Sfnger Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Sioux City Gas & Elec Co—
3.90% preferred
Smith (Howard) Paper Mills
1034 Aug
Jan
Jan
14
13%
20% July
10
Jun
1
•'
3
common
Simmons-Boardman
8% Jan
15
94
14
13%
'
14%
Breweries
Slck's
364 Aug
294
23%
—
Patican
32 4
100
—
Pantapec Oil (CA) Amer sh
Patchogue
600
1,800
94(4
preferred
*
Page-Hersey Tubes common..———•
Pancoastal Oil (CA) v t C
2,400
19
Silex Co common
Aug
9
74
•
1st
200
1%
2%
of America class A
Shoe Corp
Jan
Apr
6%
36(4
103
,2
1,300
124
1
184
common
preferred
4%
Feb
12%
64 July
25%
12
1%
2%
Sherwin-Williams of Canada
Mar
32V.2
103 V2
7
/4
24'A
24%
18%
Control
Safety
Sherwin-Williams
Apr
3-24
—
10O
piu
Pacific Public Service com
$1.30
Jo
23
2% July
Sheller Mfg Co
Jan
112
35%
J
23
--
Jun
—25
Simplicity Pattern common
Simpson's Ltd class B—
Pacific Can Co
3%
1
1
——
Corp
Radio
$3 convertible
Pacific Gas & Elec 6%
5 '/a %
1st preferred
Jun
1,000
5
Shawinigan Water & Power
Jan
300
15%
9
9
1
Aug
24
40% Mar
1,100
1
.
Securities
Feb
50
•
O'oklep Copper Co Ltd Amer shares
Overseas
2
2,600
110
29(4
29 4
1
United Filters class B
Omar Inc
110
110
100
Gas
2V2
37
•
common
preferred
Natural
2%
37
2%
1%
—
Shattuck Denn Mining
2%
50o
common
Co
Brass
1,300
1%
•
stock
B)
(R
Sentry
O
Ohio
2% Mar
X2%
1
Serrlck Corp class B
Seton Leather common
Ogden
x3
34 May
106 4 Aug
30
5%
4
1 Va
600
Industries Inc common—
105% 1064
6
—1
700
1%
"III
$5.50
Feb
89
14
1%
Inc
Jun
July
1%
1%
•
24
Feb
10 4
14
_
15 Va
14
800
2%
Corp General
Segal Lock & Hardware
Selby Shoe Co
700
Jan
i
*
Seeman
24
Apr
Jan
11%
25
Jan
11%
2%
Apr
Mar
19%
Jun
...
Jan
28
Jun
4%
1
Apr
1
28 %
100
144
3,300
1,300
1
37
%
300
1,000
64
common
374
600
Jan
184
5%
Brick Co—
Manufacturing
Steel Co common
Securities
114 Aug
324
84
164
6
—25c
(Del)
Inc
A)
5
5
5
18
1
Corp common
Inc
(D
Scovill
94 Mar
32
pfd_100
Corp
Oil
Savoy
%
%
11
United
Sayre & Fisher
Aug
Jan
7% Jan
324
2%
Samson
9'A
31%
11%
Aug
500
114
High
1
-
Salt Dome Oil Co
900
%
1
Inc
4
"
1
prelerred
conv
Apr
101% Aug
98
Low
49
Corp Ltd common—
Lawrence
2,300
%
——50
Co—
St
94
'
North
Jan
31%
'—i
——
74
Range Since January 1
High
d
114
11
11%
•
Securities
Oil
20
101% 101%
5
8
•
A
Jun
52.2U0
12%
154
18
101%
*
200
18
•
Utility
Texas
13 Va
%
Class B common
North
30 Va
Jun
5
Mines—
American
Feb
10
-*
—
—
Nineteen Hundred Corp common
Nipisamg
26%
100
Shares
C
Apr
Feb
150.
10%
of Prices
Low
Jan
30
18
1
100
100
common
84
Sales
for Week
Range
Par
1st
1
Niagara Huasou Power
7% Aug
100
«
Founders shares
Sale Price
High
Low
10%
—
Last
New York Curb Exchange
Range Since January 1
High
7%
Week's
Friday
STOCKS—
Shares
294
10
Merchandise
N
7%
•
10
common
AUGUST 12
for Week
Range
of Prices
Bale Price
EXCHANGE
CURB
Sales
Week's
Friday
/
stocks—
Monday, August 15, 1949
FINANCIAL CHRONICLE
FOE WEEK ENDED
KANGE
■
&
•
32
Jun
May
Va
25,900
Ja:
3%
Jan
Aug
40
/a
Jun
Jan
25%
•
7
14
294
29 %
30
21,600
7%
3
400
Jun
30% May
21
Feb
30 4 May
7% May
154
•
Jun
10 Va
Jan
21
Mar
United Molasser Co Ltd—
Amer
United
dep
N.T
34
rets ord regis
RR
&
Canal
100
34
100
34 Aug
4%
Feb
July
246%
Feb
241
>:
Volume
Number 4829
170
THE
COMMERCIAL
NEW
YORK
RANGE
Friday
STOCKS—
Last
New York Curb Exchange
Sale Price
Profit Sharing com
10%
preferred—-
United
Shoe
U S
25
common
U
S
and
45
1st
10c.
S
Radiator
Securities
U S Rubber Reclaiming Co_
United Stores Corp com
Universal
Consolidated
Universal
Utah
Jan
52%
Jan
6%
Jun
413/4 Aug
83/4 Fen
% July
12% Mar'
2,200
2%
43/8
1%
6%
Jan
Jun
l3/4
Jan
2%
Jan
l3/4
Jun
Feb
10
24
50% July
x25%
Aug
23%
100
Jun
2%
2%
2,100
2
Feb
2
23%
23%
233/4
400
21
Jan
21%
Debenture
ctfs——
escrow
J-J
A 7s
with Nov
A7s
ex
Nov
Altalian
1
1940
Superpower
convertible
$4
preferred
5
Vanadium-Alloys Steel Co
Venezuelan
Venezuela
Petroleum
Syndicate
€00
at
4%
28%
28%
Milwaukee Gas
1966
24% May
71
34 V* Mar
25%
3%
6%
Jun
1,600
Jun
Jan
Apr
5%
Jan
3
1% May
J-J
1956
F-A
to
1963
_
A-O
1967
78%
54
273/4
52%
39
21
40 %
105
*109
102%
105
108%
100 %
1093/4
100
109%
100
100
58
102
3
6
57
59
104
M-S
M-N
1st mtge 3s
Park Lexington
Jun
4%
4%
—
20c
High
62
*103
J-D
1969
—1961
Ohio
63
50
43
f38
J- J
Light 4%s
Jan
Jun
28%
Low
*30
1963
New England Power 3%s—
Apr
3/4
4
''''
1
Inc
5
—
•
.
4%
Jan. 1
No.
Valley RR—
Extended
Power
A 6
5
Range Since
Sold
78%
}49
1952
•%-,
Kansas
1st
3%s
mtge
104
1
* 106 V* 106%
65
1033/4
105%
104%
—
106
&
1968
Jan
106%
106 V* 106%
15
105%
108
A-O
1043/4
104% 104%
13
103
106 3/a
1964
3s
A-O
1971
1st mtge
J-J
3
93
3%s_1964
Power
Hydro-Electric
%s with Oct
A6%s
Oct
ex
1947
96V*
*105% 106%;
J-J
*106'/8 107 y2
96 %
1053/B
106 %
105 V*
—
1063/4
Co—
1940
1
1
96 V*
J-D
1970
Piedmont
1
common
Bonds
High
77%
78%
1952
coupon
1947 coupon
l
3%s
Corp
Friday's
Isarco Hydro-Electric Co—
Pennsylvania Water
Valspar
or
Bid & Asked
Feb
26
25/8
•
Light common
23%
5
•A
Midland
Jun
1
10
Week's Range
Last
Sale Price
Interstate Power Co—>
Electric Power 3%s
Kansas Power & Light 3%s
McCord Corp deb 4%s
Jan
83
3%
1,600
Period
Low
Aug
3%
Jun
35%
common
Jan
16 % May
Feb
73
200
10
Sugar
&
Apr
a an
37%
1,900
3%
83
3%
1%
7 */4
50c
Insurance
Power
4%
Jun
42% May
8,200
Interest
High
100
15
3%
80
12
New York Curb Exchange
600
1
Oil
Universal Products Co
Utah-Idaho
14%
3%
81
1
1,475
8
1%
14%
•
common
41%
b
1%
*
warrants
with
%
200
50
40%
l
International
preferred
49%
~8
1
U S Foil Co class
U
4 b5,'8
25
———
Specialities common
Conditioning Corp
Air
Low
%
/4
AUGUST
Friday
High
33
EXCHANGE
ENDED
Range Since January 1
43a Aug
/8
(621)
BONDS
Shares
10
—
Machinery
Preferred
United
25c
CURB
WEEK
CHRONICLE
for Week
of Prices
Low
FOR
FINANCIAL
Sales
Range
Par
United
Week's
&
coupon..1960
*49
1960
*30
coupon
/public Service Elec & Gas Co—
50-year 6% debs.*
....1998
J-J
54
26
51
„
—
158
158
8
148%
159
101%
104
100%
101
109%
114
1033/4
106
Queens Borough Gas & Electric—
Manuafcturing.
•
10% Aug
400
123/4
Aircraft
Co
•
1%
„
"Wagner Baking voting trust ctfs ext_*
7%
preferred
100
Waitt & Bond Inc
$2
Watch
i
1,000
10
i
w
$6
preferred
(The)
Williams
Willson
Products
Wilson
Inc
Brothers
5%
w
Winnipeg Elec common—...
Wisconsin
Woodall
Pwr
Woodley
4%%
Lt
&
Industries
(F
Jan
105
1
104
105
1970
A-O
*106
103%
106'A
J-J
*100% 103%
1%
Apr
7%
Jan
112
Jan
138
36
Jan
22
15 3^ Mar
500
Jun
9%
9%
4%
—
—
—
19
May
9
Jan
8
10
July
2%
800
225
July
Feb
8 3/4
175
4%
14
Jun
2 3/4
Jun
7
5%
13%
Apr
Jan
'
5
Apr
13
Jan
Jun
15% Mar
23%
Feb
98
Jun
33
Apr
1043/4 Mar
—
-4.
—
8 3/4
11'/a
10%
11%
1,000
Jun
10%
Jan
lo%
—
104%
—
(Calif)
collateral
100 V*
—
F-A
M-N
inc 5s.
1950
A-O
1966
A-O
06
1946
J-J
42 %
1946
A-O
3%s
trust
993/4
101%
104%
"7
106 y2106 3/4
1970
1989
&
105
% 106%
—
.....107I/
Elec
*99
5s
AStarrett Corp
5s
M-N
1063/4
77
77
>125
131
06
67
5
63
72
42%
44
7
18%
52
44
44
4
18
62
6
77
95%
123
127
Stinnes
(Hugo) Corp—
3rd stamped
Stinnes (Hugo)
Industries—
A 7-4s
Feb
Jun
May
153/4 July
100
8
Apr
26
2
__
16
Feb
155
Jun
14
350
115%
Jun
27'/a
100
15
16
—
Jan
20% Mar
293/4
__
4%
1% July
4%
21%
14%
14
I
Feb
3%s
Gas
Gas
1st mtge 3s
Spalding (AG)
% July
7%
8
common
F-A
Southwestern Gas
6% May
—
2
1973
3s
1st & ref M 3s ser B
Jan
100
— -
—
100
105
Jan
100
__
*
pfd
Inc
Petroleum
Woolworth
2%
7
—
1
12
2%
l'/a July
—
—
25
w
106 V* 106 3/a
10%
23/4
__
1
common
preferred
J-J
Jun
750
29
•
1973
Aug
27,700
—
5
& Co
A
series
6%
—
7
—
10
Corp
(R C)
38
Counties
1
—
I
(Wm) & Co
River Oil Corp
105% 106
Edison
California
1%
—
I
Whitman
105%
Southern
3%
10
Weyenberg Shoe Mfg
M-S
Southern
1%
20
Westmoreland Inc
1965
Jan
1
—
•
"2
California
*103
4
V4
—
1.25
110% 110%
Mar
111
3%
Westmoreland Coal
Wickes
Apr
9%
Mar
IS May
200
—
1%
1
Western Maryland Rv 7% 1st pfd__100
Western Tablet & Stationery com—*
Wichita
1%
7% July
109
—
1
Wentworth Manufacturing.
Utilities
1%
—
1
Ward Baking Co warrants
Warner
Aircraft
Corp__
Texas
cy8
1 %
30
Co
Voting trust ctfs
West
8
109% 109%
1
preferred
cum
Waltham
8
Jun
110%
;5%s series A
Jan
W
Waco
M-S
3%s
11
A-O
Southern
11
—
1952
Safe Harbor Water Power Corp 3s_1981
San Joaquin Lt & Pow 6s B______1952
Vogt
__
Aug
14
A7-4s
Terni
2nd
stamped
Hydro-Electric Co—
A6%s with Aug 1
A6%s
ex
Aug 1
United Electric
1940 coupon
1947 coupon
Service
A7s with Dec
1
A7s
1947
ex
Dec
1
Waldorf-Astoria
*56%
1953
—1953
1940
1956
*49
1956
coupon
coupon
*30
1954
J-D
A-O
1960
J-D
1959
92%
M-S
1964
2030
F-A
income
30
V.
59
—:
54
28%
50%
—
Hotel—
West
Penn
58
*30
Co—
Washington Water Power 3%s
A5s
t
'
'
debs
*
Electric
5s
West Penn Traction 5s__
Western Newspaper
90
92 %
!
12
*107% 1073/4
105%
*119 y«
82%
92%
1063/4
105% 106 %
109
1183/4
119 %
100%
—
—
108
105
5
103
Union—
6s conv s f debentures
101
101 %
2
Jan
Ltd—
W)
American deposit receipts.
6%
preference
;
Wright Hargreaves Ltd
5s
—
—
Jun
8% May
"lH
—
*
"2
2
"2%
2,300
Friday
BONDS
New York Curb
xC3/4
—
Jan
2V0
£1
Interest
Exchange
Period
Apr
Foreign Governments & Municipalities
Week's Range
Last
or
Friday's
Sale Price
Bid & Asked
'
Bonds
Range Since
*107% 107%
Sold
Jan. 1
•
Low
Appalachian Elec Power 3%s
Assoc Tel
Bell
5s
Telephone
series
Boston
J-J
—
102%
Low
1960
J-D
100%
fl06% 108
103
1998
Q-F
1970
J-D
1948
J- J
1003/4
100% 101%
1954
1966
M-S
104%
1033/4 104%
164
103
165
1083/4
3
160 %
165
22
100%
103%
51
89%
101%
97
1023/4 103%
•92%
104%
gCentral States Electric Corp—
A5s
redeemed)
(20%
A5%s
redeemed)
(20%
Cities Service
Jan
5s
M-S
107
107%
Debenture 5s
1958
A-O
104
104
Debenture
5s
1969
M-S
106%
3s
1977
J-J
Gas El
Lt
(Bait)
Pwr
&
1st ref 2%s series R
Gen
106
87
107%
92
*102
A-O
M-N
104%
102
103
1013/4
99%
6
*105% 106%
~
106%
993/4
103 %
102%
103
106%
—
1954
A-O
M-N
4s ser B
1993
1993
Eastern Gas & Fuel 3%s
1965
J-J
1956
MS
4%s
mtge
8
* 106% 107%
1962
City)
.107%
102% 1043/4
52.
335
92
J-J
1981
(Bait
104%
91%
J-D
1969
—1976
2%s conv debs
Gas
1111% 112%
—
111%
—
112%
Delaware Lack & Western RR—
Lackawanna
1st
mfcge
Water Lt
Ercole
N
RR
&
5s
54%
May
*37
«...
100
1
54%
38%
*117%
*30
5s
Nov 1 1947 coupon
Residential Mtge Eank—
ex
1961
100%
116
117%
54
33
41
—
ser
A
(coupon
Indianapolis
J-J
J-D
64
—
64
*100
—
;
65
99%
A6%s
A7s
10
1
(Aug
(July
1941
58
41%
41%
103% 103%
1
103%
106 %
J-J
Exchange
20
15
Rail-
Utll-
trials
roads
lties
1953
ALlma
City
Maranhao
*71%
*43%
443/4
79%
J-J
*76
i,
82
17
__
*7%
43%
70%
83%
70
.
80,
!~t:
1
'■
9
6%
;
|
')
'
12%
M-S
as
M-N
2008
2%s
Total
65
43
43
13%
15%
24%
29
37%
43%
41%
45%
61%
80
26%
31
--
1951
J-D
1947
M-N
1947
1931
1972
A-O
*483/4
J-D
*70
75
2008
J-J
*30
31
(ser A B C D E)——1997
Rio de Janeiro stamped (Plan A)
J-J
1
*30
J-D
AMedellin
7s
A7s
stamped
of Bogota—
(issue of May 1927)
A7s
(issue of Oct
——
Mortgage Bank
1927)
Mortgage Bank of Denmark 5s
Parana
stamped
Peru
*483/4
—
(Plan A)
Interest reduced
(Republic of)
2'As
to
—
—
reduced
to
Government
16%
18%
*27%
28%
18%
MS
2%
2%
46
3%
J-J
2 3/4
2 3A
29
3 3/a
120
15%
18%
24%
29
•No
eOdd-lot
1921
__
par
value,
a
transaction
Deferred delivery transaction (not Included in year's range),
d Ex-lntereat.
(not included in year's range),
f Ex-distribution,
g Ex-stock div.
h Ex-
Under-the-rule transaction (not included in year's range),
r Transaction
(not included in year's range),
x Ex-dividend,
y Ex-rights,
z Ex-liquidating dividend.
principal
n
58 %
—.
-31%
57%
58%
2
37
58%
tive;
32
57%
"wl," when issued;
ABonds
for caan
transacted during current week.
58%
—
being traded flat.
^Reported
in
Abbreviations
receivership.
used
,
above—"cod," certificates of deposit;
with warrants; "x w," without warrants.
Qver-the-Gounter Industrial Stock Average
compiled by Dow, Jones & Co.
(35 Stocks)
Compiled by National Quotation Bureau, Inc.
10
10
First
Second
Indus¬
Grade
Grade
Util¬
Rails
ities
Rails
-
10
Total
Closing
Date—
40
Closed—
Aug.
6
Aug.
Bonds
8—
—
,
->
"cons," consolidated; "cum," cumula¬
"vtc," voting trust certificates;
"conv," convertible; "M," mortgage; "n-v," non-voting stock;
"w w,"
jj
'
J-D
2012
6%s>_1919
2%
A5%s
58'/a
Averages
trials
16
28
573/8
-Bonds
Stocks
*13%
*27
—
(Plan A)
to
Range for 1949
Closed
High
33.26 Jan 24
31.63
Low
27.79 Jun 15
180.54
47.07
36.80
64.45
102.30
103.90
85.44
105.23
99.22
Aug.
9
31.66
47.31
36.69
64.27
102.29
103.95
85.60
105.26
99.28
Aug.
10
31.66
Aug. 10
180.60
47.72
36.78
64.65
102.38
103.94
85.56
105.34
99.31
Aug.
11—.
31.72
High
37.83 Jun 10
Aug.
11——
160.02
47.38
36.65
64.38
102.35
104.13
85.78
105.41
99.42
Aug.
12
31.63
Low
32.37 Dec 29
Aug.
12——
179.29
47.05
36.65
64.13
102.44
104.11
85.73
105.41
99.42
—
37%
1
179.52
——_
|
High
—
—
Aug. 9
Aug. 8
Low
—
79%
—
F-A
stamped.1958
6%s
(Peru)
stamped
Interest reduced
32%
Closed
——
i
Jan.1
No.
*71%
M-N
1952
5s
AExternal 6%s stamped
58%
*57
Indus¬
6
1948
.1955
—
32%
10
Aug.
External
5%s
31%
-Stocks30
Sold
High
Danzig Port & Waterways—
'
daily closing averages of representative stocks and bonds
the New York Stock
Date—
—
J-D
Valley 7s
Municipal Loan—
4
58%
58%
58%
1952
coupon)
5
58'/a
58
Stock ami Bond
on
40
1
*57
..1952
Below are the
listed
4
41%
58%
F-A
1957
coupon)
series F__
A 7s
40
41%
*57
1955
coup)
1957
1941
103%
J-D
1955
1941
A-O
^Friday's bid and asked prices; no sales being
C
(Dec
Bid & Asked
Range Since
Cons
External
103%
'
M-N
3%s_—1970
Lt
Friday's
—
April 1946
ACauca
Sec—
series E
A7s
A 7s
41%
&
Power
series
A6%S
«
Sale Price
J-J
Danish
*
Bonds
102%
102 %
__
40
1958
on).
Power
(Col)
Mortgage Bank
20-year 7s__
A20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
—
52%
1
100%
103% 103%
—
market
International
A
Interest
—
"
6s
Agricultural
RR—
Western
&
M-S
1950
1963
stamped
Ex-coupon
or
Low
ARussian
Grand Trunk Western Ry 4s
Green Mountain Power 33/4S
Guantanamo
48%
96%
—
-
*49
1953
Finland
Period
Is to 2%s
Mfg Co—
A6%s with Nov 1 1940 coupon„1953
A6%s
63%
323/4
15
99% 100%
—
49
Elec
Marelli
New York Curb Exchange
AMortgage Bank of Chile 6s__.
Division—
J
mtge 4s ser A
A 1st
Elmira
of
Last
—
1st ref mtge 3s ser P
1st ref mtge 23/4s ser Q
Consolidated
92
105
15
106% 107
Debenture
Consol
Interest
1063/4
106%
6s
^
Week's Range
Friday
BONDS
107%
106
102% 102%
irV*
•
-
High
105%
*105% 107
23As
Steel
Edison
No.i*
High
Canada—
of
C
Bethlehem
M-N
1964
Atlantic City Electric 3%s
J-D
1955
5%s A
deb
& Tel
1970
Range for 1948
|
COMMERCIAL &
THE
(622)
34
STOCK
OTHER
RANGE
FOR
Monday, August 15, 1949
FINANCIAL CHRONICLE
EXCHANCES
WEEK ENDED AUGUST
12
Week's
Friday
Boston Slock
Week's
Friday
stocks—
of Pricee
Sale Price
Low
Par
Tel & Tel—
—
American Woolen
Anaconda Copper
36%
144%
Eoston
no
42%
32% Mar
76
36%
Jan
Jun
150%
3,347
24
26%
423
22%
Jun
38%
432
25%
Jun
35
Jan
242
100
41%
2,583
40
July
16%
941
Jan
120
Apr
42%
111
103
43% Mar
19%
Jun
Jan
Hecla
Cities Service
35%
75
29% July
43
Marshall
300
3% Aug
6
Mar
16%
16%
193
4%
4%
51%
451
61
61
17
14% July
25
48%
16%
19%
*
Copper
RR common
Central
Maine
Mathieson Chemical Corp
Preferred
.
Northern
Feb
5
19%
1,050
57
Jun
68%
England Tel & Tel
66% Aug
Jun
40 Va
Rexall Drug Co
111
28%
29%
327
23%
33%
Jan
49%
50
505
40
Jun
Jun
56%
Jan
Sangamo
13%
Jan
15
Aug
Sears
& Webster
Stone
10
Jan
14% May
Serrick
34% July
41%
Feb
Shellmar
Jun
52 %
15
200
11
85
37%
38%
145
51%
52%
35
Louis
St
Union
0
0
13%
14%
65
195
9%
10%
2,235
86%
440
27c
28c
14%
15%
1514
14 Va
3%
4
4
1,100
371
165
4%
4%
175
14%
14%
761
•
United
S
Rubber
46
11% May
8
Aug
10% Jun
•
15%
Jan
25
225
32%
10
120
120
100
*
—12.50
355
10
13%
13%
35
24%
25%
306
Range
of Pricea
Admiral
Corp
Ball
Aetna
Castings—
Bearing
Low
Asbestos Mfg
23%
12%
Aviation
Bendix
W)
(George
Borg
(E
Bruce Co
Burd Piston
Butler
L)
Ring common
Bros
Secur
II
Convertible
Central
&
Corp
capital
preferred
W
S
common
8%
Chicago Corp common....—
Convertible preferred
.
Chrysler
Apr
•
5
21%
22 Va
1,400
19
Jun
14%
16
350
Spiegel Inc common
Standard Dredging common
2
20
7%
8
400
3%
capital
25
5
1
10
5
Sinclair Oil
Corp
Lathe Works capital
Bend
South
Corp
Furniture
Thor
common
Tool common
—
Corp
Co
__
.
Trane
208
43%
Jan
_
United
Jun
14%
Apr
20% May
26%
common
Cum
(new).
U S
Steel
Bankshares
Indus
Woodall
Alleghany
Range Since January 1
45
Jun
18% July
7
10%
Jun
Jan
Atchison
Steel
Bethlehem
of
Fox
America
1%
Apr
4%
5%
Jun
5
Jan
Jun
2%
Jan
7%
Jan
36%
100
35o
25%
Jun
11
Jun
15%
27
Jun
12
30 %
100
6%
550
4%
Jun
10o
Pacific
General
Candy
General
Finance
General
Motors
General
class
Outdoor
A
Corp
Corp
Adv
Co
Inc
*
Inc
Electric
Public Utility Corp
Jan
Feb
Great
Bros
Co
New
Jan
Packard
53%
17%
18
150
14%
Lakes
Heilman
Dr
(G)
&
Brew
Heln Werner
Corp
common
••
Dk
*
Co
Corp
common
new
50
3
!
;
Illinois Brick
1
Co
capital
Illinois Central RR common
Indep
Pneum
Tool
Indiana Steel Prod
International
For
10
—100
Jan
«»>«-
oae*
42
40
33%
14
22
23%
25
75
75
10%
10%
20
7%
700
3
900
2
1%
150
200
11%
9%
Oil
Co
__
__
Co
(The)
of
Corp
Jun
10%
Jun
14% Mar
20%
Jun
24% May
100
20%
Republic
15
Aug
11%
12%
2,300
10%
Jun
12%
10%
1,800
9
Feb
63
100
61
Jun
11% May
65% Jan
90
400
26%
Jun
31% Aug
39
66%
Jan
90
Steel
Corp
——
common
Schenley Distillers Corp—;
Jun
11
Aug
9% July
13
Jan
3
3%
10%
13%
2%
500
13
700
53%
800
45%
Jun
57%
Jan
Studebaker
450
16% July
28%
Jan
Sunray
500
25%
Jun
€00
19%
Jun
26%
Jan
May
103%
500
23%
33%
Jan
Corp
27%
27%
27%
4,300
25
27% Aug
Jan
6
__
28
27%
6
Jun
38
22%
Jun
31%
5%
Jun
7%
Jan
3%
1,100
11"%
500
10
.
10%
350
4%
4%
50
9%
9%
13
450
60
6
100
12%
6
61% x63%
__
'
2,500
16%
16%
50
7%
8%
1,350
13
__
15%
13
12%
13%-
15
15%
20%
20%
__
8
8
43
13
__
__
26%
*
__
"
25%
12%
13%
640
10%
Jun
14%
12%
800
9%
Jun
13%
11%
11%
500
Jun
11%
common
—
3% Aug
11% Aug
9% Jun
13
Apr
10
Jan
Jun
6
6
500
5%
Jun
8%
Jan
8%
8%
200
7%
Jan
9%
Apr
May
■7%
37%
38%
1,300
34 %
Jun
39%
Jan
14%
14%
100
1114
Jan
14%
Aug
1 %
1%
300
1% May
3%
Jan
7
7%
2,800
4% July
7% Aug
14
14
14%
1,100
10%
Jun
15%
11
10%
11%
1,000
9%
Jun
13%
Jan
3%
3%
1,600
3%
Jun
4%
Jan
*
8%
Jun
10%
Apr
'!
20%
20%
100
19%
Jun
21%
Feb
10
700
8%
Jan
12
Apr
i
Jun
32
Apr
4
1
37%
3%
9%
25
45
13,
13
200
250
1,250
1,000
300
6%
Jun
Jun
14%
10
5%
52
Jun
X63% Aug
9%
Jun
14%
Jan
7%
Jun
9%
Apr
17%
Jun
27%
Jan
!' t
4%
600
414 Aug
5%
Apr
-
1,300
16% Aug
6
Jun
16% Aug
9% Jan
8%
Jan
13
15%
6
17
Aug
Jan
15% Aug
2014 Aug
Feb
Apr
9%
Jan
4%
Jan
17%
Jan
73 %
Jan
1,300
14%
Jun
400
6014
Jun
Jun
16%
23%
24
Jan
900
16%
Feb
24
Aug
;
10%
3%
4
!
500
9%
Jun
11%
Jan
)
(
400
2%
Jan
Jan
11
*
C N
Gas &
O &
Cine
-
4
Aug
11%
Jan
Cincinnati
Bell
53
Jan
Crosley Motors
Jan
300
26%
27%
300
15
15%
500
59
1,100
11%
Jan
Formica
24
Feb
30%
Jan
Hobart
13
Jun
18%
Jan
Kahn
Shares
Rsnge Since January 1
Low
High
24%
29%
170
20
Aug
25 %
24%
410
18%
Jun
24% Aug
29%
176
26 Va
Apr
104
25
100
Jan
20
78
80
45
76
Jun
*
Yard
—
Feb
30% Aug
104
Aug
12
90%
Feb
%
4%
320
4
Jun
7%
Jan
741/j
4%
74%
139
63
Jun
76%
Jan
12
103
11% Mar
12%
Jan
100
3% Aug
7%
Jan
4
12
3%
*
10
_x—_—
High
20%
20
3%
80
18%
19 Va
25
29
1,095
160
15%
Jun
23
Jan
19 % Mar
Jan
Jun
24%
50
Stock
Eagle-Picher
2%
for Week
104
—25
■—_x
Tel
Union
17
20
Sales
Range
..100
Street
Sub
&
Week's
of Prices
LOW
Electric common_8%
T P common.
Cincinnati
Aug
10%
20
*
preferred
43
10%
35/3
10% July
14% Jun
12% July
1% Jun
200
26
15%
68%
10
23%
Far
50
1%
35/8
30
Apr
12
Last
Laundry Mach
Champion Paper & Fibre——
7%
2%
23
'
Insulation
Mfg Co
(E)
Sons
•
5%
Jun
4%
Jan
27%
Jan
Lunkenheimer
pfd——
Kroger Co common
Jun
29
.10
common
.
—
i
100
9
25%
Friday
American
1
4 %
Sale Price
614 Mar
i
Jan
1,000
11%
9
Jan
Jun
t
1
20%
11
15%
10% Aug
84
1%
25%
Jan
19%
67%
Jan
!'j
5%
Cincinnati Stock Exchange
Jan
12%
4
%
Jan
15%
1
1
;
;
'■ f
Jan
12
Jan
2%
3%
10
__
33%
Jan
50
20
22
Co
Jun
Jan
200
11%
3%
__
__
86
•
Corp
&
a
%
Jan
28%
—1
Corp common
Oil
United
Jan
35
29%
24
6714
Aug
19
10% July
14% Jan
Jun
29%
15
Steel Spring
19
3% Aug
Jun
10
23%
—
25
Oil of N J
51%
__
„
Feb
7%
600
10
13%
1%
x
Socony Vacuum Oil Co Inc
Standard
Apr
10% May
9
Apr
io%
79%
Jun
10 %
350
1
•
2%
Rexall Drug Inc
Jan
Jan
26
Jun
73% July
25
1,600
350
common..—•
America
Radio-Keith-Orpheum
Jan
11%
31%
Jan
34
400
11
—33%
•
—
1%
% Mar
1,600
29%
41%
800
4,800
11
Jan
15
89%
44% Mar
10%
2%
1
Corp
common
4% Mar
Feb
15
__
Jan
25
May
42% Jun
xlO%
—
7%
•
Pictures common
Pepsi-Cola
Pure
63
__
1
common
39%
22
1%
5
*
RR capital
Airwavs
American
Paramount
Jan
1%
•
common..
Harvester
footnoted
*
30
Jan
July
12
7%
2%
25
common
common
150
4
Car
Motor
22
2%
8
Central
York
Jun
6% July
6% Jun
8
__
1
cap
—
Hibb Spencer Bartlett
Horder's Inc common
Hupp
*
common...
(W H)
23%
43%
5
1
Nash-Kelvinator Corp
Jan
Apr
__
Co—
Graham-Paige Motors
Laclede Gas Light
Cincinnati
Goldblatt
Gossard
23%
23%
8% July
1
*
General
Jan
7%
Mar
1
350
Aug
13% Jan
11%
1
Radio—
Farnsworth Tele &
10%
40
*
10%
9%
12
-25
Curtiss-Wright
14
43
.10
Gibson Refrigerator Co common
Jan
11%
58
—
Feb
100
1
common..,
Jan
Jun
Feb
*
Jun
500
—
5
common
32%
9
—1
9
47%
9%
1%
Jun
49%
3
STOCKS—
(Peter) Brewing common
Jan
27%
28
Motors
9 %
47%
11%
Mar
25
1
*
com
Co
Ry
50
48%
—
•
30
34% Mar
11%
__
10
—
11%
Jan
May
1%
6%
11%
9%
48%
1
Inc
Auto
15
Jun
100
new.
common
1
10
Drive
Jun
6%
400
Mining
Copper
1,000
Dodge Mfg Corp
Mills
13%
900
400
9%
10%
Steel Corp
1%
27
Four-Wheel
50
14
75
capita]—__50
10
Topeka & Santa Fe
100
Anaconda
Armco
1
27%
Flour
Jan
714 Aug
39%
1
Inc
Lines
American Radiator & St San
Continental
20
17% May
30 %
__
15
14%
May
43
5
Corp
Air
American
High
Columbia Gas System
__
class A
Jun
5
Stocks—
Unlisted
Jan
27%
Credit Corp
9%
800
4% Mar
58
2
capital
Jan
50
Elgin National Watch.—.
Apr
400
7%
9%
*
common
common
Machine
Yates-Amer
Aug
25
Domestic
4i%
58
*
(new)
common
7%
Crane Co common...;
common
Jan
Feb
Jan
12%
Co—
preferred
2%
9
—
10
Inc
Lines
Air
150%
31"%
Jan
Mar
10
36%
14
14
•
St Corp
La Salle
Jun
31%
Jun
7
Jan
21%
100
6%
7%
Uniop Carbide & Carb capital (new)
Apr
128
Jun
(The)
Co
South
Jun
100
24
13% July
1,000
9%
Jan
5
__
25
8%
3%
25
dep—
25
of
—
Wilson
Commonwealth Edison common
Consumers
200
.
40% X41
11%
11%
__
40%
5
2
stock
ctfs
capital
Co
138%
50
5
...
25
29%
54% Mar
32% Aug
120
common
Corp common
Container
500
200
2%
Corp (new)——...
(The) Co Inc.
Coleman
22% Aug
Jan
1,900
100
33% Aug
13%
7%
20
5%
*
—
Jun
Jun
6%
20
2%
•
R I & Pac Ry common
Towel Co common
Chicago
14%
30% July
10%
Standard
Chicago
20
Jan
50
*
common
143% 144%
4%
1
*
1,300
33%
24
*
1
Certain-teed Products
5%
5
—
Jan
15%
33%
5% Mar
2%
•
17%
10%
15%
•
52%
Jun
1
common
Jan
9
11%
Radio
Central
13%
250
Jan
8
11%
Texas
Feb
4%
1
Jan
Jun
10%
9%
•
International
Co (The)
4%
2%
1
common..
19%
100
15
10
capital.—_j
Strap
Steel
&
15%
5%
10
common.
Biscuit
Car-Consol
Jun
16%
Jan
Swift
2%
1
common—
16%
16%
2814
Swift
Aug
900
100
5
capital
Jun
Apr
35% Aug
35% Jan
1,500
10
common
(E J)
Sons
&
Jun
6%
22
Pan
Brach
6%
500
1,150
15
•
common
25% Mar
950
7
24%
Feb
5
__
.1
2%
Feb
22%
8
24
17% May
19
——5
—
Corp
Corp
Borg-Warner
;
x--—
700
24%
7%
6%
50
General
Berghoff Brewing Corp
Bliss &
Laughlin Inc
"Aug
Jan
Storkline
4%
8%
__
—•
10
Jan
10
Jan
Low
3
Bastian-Blessing Co common
Belden Mfg Co common
31
Jun
8
13%
Apr
Aug
20% Aug
20% May
__
4
common.
2414 Aug
50
200
Jun
5%
37%
6%
Corp—
Mfg
Jan
200
15%
42% May
High
3
Washer
Avco
Feb
Mar
10%
Jun
4% Aug
13%
400
2,800
144%
Athey Products Corp capital—
Automatic
10
41%
10%
Stone
20
__
1
24%
X23
8
class B common.
— 1
Prod Corp common—_—
Stewart-Warner
45
100
Co common
24%
TO
Corp
Feb
19%
——5
Armour & Co common——
31%
Jan
Jan
18%
•
capital
American Tel & Tel Co
59
Jun
36% July
11%
Canadian
Allied Laboratories common.
Jun
25
50
41% Aug
7
44%
5
*
common
47%
100
29%
17%
20
5
200
28%
4% Mar
May
Jun
Jun
3% Aug
44%
1
common
Advanced Alum
Shares
Last
(new)—5
10
54
3
Jun
14
Sales
for Week
Week'a
Sale Price
Par
common
37%
50
9
Standard Oil of Ind
Jun
2,501
49%
35%
(new)
Jan
3%
34
Jan
44%
50%
49%
Co
25
250
45c
Jun
49%
Laboratories
Apr
21%
23%
300
Jun
27%
49 %
Friday
Steel
Aug
11%
27c
Chicago Stock Exchange
Acme
Jan
16
53%
24%
Jan
11
Apr
200
'
Jun
14
41
Wisconsin
Abbott
1%
5% July
708
Jan
75
49%
stocks—
Mar
2%
28%
Westinghouse Elec & Mfg com—12%
Wiebolt Stores Inc
cum
pr
pfd
*
i
Jan
12
11
87%
Jan
*
Corp
24
40%
Apr
Jun
12
Westinghouse
Apr
9% July
37%
__
•
class A
Co
&
Jan
8%
11
35%
Co:
Aug
3%
3%
1
5
25
Electric Co common
Cummins capital
Roebuck
79
29%
50
i?
Systeni Inc
Electric
Waldorf
401
34%
Co.—
53
:
23
*
common
10% May
222
*
Mass Ry
&
15
Cot
Fruit
Vermont
16%
15
5
United Shoe Machinery common
U
15%
1
Drill
Twist
-Apr
19%
2,700
23%
20
common
common
Stockyds
Nat
Signode
83%
—
Feb
51
50
16
Jan
16
Aug
15
11
15
9%
Inc.
Stop & Shop Inc—
Torrington Co
8%
Jun
Xl4% July
1,000
7%
;
7
10
Pennsylvania RR capital
Schwitzer
8614
—
9%
2
15%
—*
Co
Car
Corp
9%
2
——_——*
&
Sundstrand Mach
Association
Shawmut
1,100
July
6%
Feb
13
Jan
*
Co
Mining
24
9%
*
common
Electric Switch
Jan
33%
50
25
-2.50
Pennsylvania RR
40
2
1
prior preferred
5%
53%
2.50
North Butte Mining
b3
♦23%
23%
•
common
Manufacturing
185
20
England Electric System
New
500
100
51
1
Peabody Coal Co common
May
23
19% Aug.
Jan
1,252
100
New
7%
14%
7% Mar
Jun
10
Feb
15»4
Jun
6%
51% Aug
€6%
38%
5
Nash-Kel vina tor
10
50
7%
—
5
vtc
common
___i.
American
North
Jan
38%
Co
Standard
Apr
.
5%
3% Jun
common
Ward
Montgomery
37%
.—1
Narragansett Racing Assn
Quincy
Chemical
64
*
Linotype
Mergenthaler
100
14%
—1
capital—
Hart Inc
37 Va
—25
100
—*
Theatre
Boston
Loew's
Co
Razor
Safety
Kennecott
750
6%
11
11
7%
•
common
Products
Minneapolis Brewing Co
Modine
Mfg common
Penn
Gillette
common
Co
Field &
Miller &
64 >/a
*
*
•
*
Electric
common
Northwest Bancorp common
100
Stores-
National
First
General
Co
West Corp
Middle
Oak
Eastern SS Lines Inc—
Libby
preferred
div
$314
Jan
4%
Ry—
series A
1st preferred
&
Printing
Lincoln
National
x*
5
10
—
Street
Mass
34%
100
&
Eastern
15%
15%
4%
35%
100
stamped
*
7
1
*
31
High
Low
14%
%
6
*
Range Since January 1
High
14
14
common
Shares
Feb
29%
Co
&
McNeill
LibDv
Monroe
Personal Prop Trust—
Calumet
Leath
Jan
138
Maine Railroad—
&
Boston
15%
100
prior preferred
class A 1st pfd
6%
Jan
Mickelberry's Food
RR
—100
x—.—-——25
Stamped
5%
143% 145
40%
Elevated Railway—•
Boston
7%
36%
High
Low
34% Mar
106
La Salle Ext
29%
24%
Boston ti Albany
Boston Edison
40
•
—5
Switchboard common
Univ common
Kellogg
Range Since January 1
High
39%
•
100
100
-*
50
Agricultural Chemical
American Sugar Refining.,
American
American
Shares
for Week
Low
Par
for Week
Sales
Range
of Prices
Sale Price
Sale*
Range
Last
Last
stocks—
Exchange
1914
19%
20
50
45%
45%
45%
•
*
54%
54%
55%
16
16
29
Aug
19% July
21%
Jan
45%
Jun
47%
HOt
43 Va
Jan
55% Aug
100
15% July
8
21
Jan
Mar
*
;>
Volume
Number 4829
170
THE
COMMERCIAL
&
FINANCIAL
OTHER STOCK
RANGE FOR
Friday
STOCKS—
Week's
Last
Par
Procter
Gamble
&
Randall
series
B—
68'A
*
Rapid Electrotype
U. S. Printing common
AUGUST
STOCKS—
High
Low
High
Par
68 %
407
57%
Feb
68% Aug
General Finance
loVa
10%
100
7%
Jan
10%
Apr
General
346
9%
Jun
11%
Jan
39
Jan
Gerity-Michigan
Goebel
Brewing
11
ioy2
11%
,50
33
33
33
20
28
July
Allied
Stores
American
*
Rolling
American
Tel
Mill
Columbia
Dayton
Federated
Southern
8c
Power
Dept
Motors
Ohio
Radio
29%
Jun
34%
419
37%
Feb
51% Aug
55
25%
Jun
29
Apr
King-Seeley
9%
Jun
12
Apr
Kingston
5%
70
3
Jan
28%
28%
345
5% Aug
30% May
29%
29%
38
33%
61%
62
29%
50
15%
29% Aug
34%
Jun
39%
Jan
62%
Feb
24%
14
32
Jun
Jun
31%
Jan
17 Va Mar
10
__
10
5
8%
Feb
12
Apr
23%
125
25%
Jun
31%
Apr
10%
28%
*
24% Mar
50% July
50
15%
15
Jan
23%
__
*
51
69
136
23%
28%
__
26%
10%
301
9%
Jun
14
Jan
Screw
Vacuum
Oil
15
15%
15%
15%
88
143/e
Jun
20%
20%
20%
29
17%
Apr
17%
21%
Jan
*
25
67%
67%
66%
327
60%
Jun
78
Jan
23%
23%
100
20%
Jun
U
Oil
Steel
S
(N
J)
(new)
•
__
.
Jan
Cleveland Slock
Peninsular
Last
Alleghany Corp (Un)
&
Body
Pfeiffer
12%
1C2
11% July
100
10%
14
3%
115
12
12%
Vp
Jun
fcJJ
655
13
3% July
9% Mar
4%
4%
4%
16%
16%
100
15
2%
2%
500
2
1%
1 %
100
10
41%
41%
196
1
2%
1
1%
Jun
2%
2%
1%
906
1%
1%
1,700
,50c
3%
3%
150
3%
10%
Jun
300
13 Va
310
3%
3%
2
2'/b
*
3%
2y4
3%
2% July
1V4
1,850
1
com
common..
Products
13
3%
2%
2
July
3%
Jan
1%
Feb
Jan
2.00 Mar
3%
Jun
13 % Mar
3Va July
200
Apr
Apr
95c
125
10
Car
Metal
13
-
Feb
1%
41% Aug
Feb
common
Jan
Mar
2%
Mar
1%
common
—
8%
17
Feb
1%
36
Mar
13% July
Jun
4%
Jan
/ Jan
■
6
Jan
1
common
Jan
19%
11%
3%
,
3% July
Jan
2%
r:
Jun
4%
Jan
1
2
2%
10)
1 %
Jan
3%
Jan
»
Brewing
commoi^ _
Manufacturing fcommon
Rudy
31
31%
613
18%
Jan
31%
Aug
1%
2o0
1%
Jun
Shares
12%
100
-
3%
2%
130
12%.
„
Low
225
143% a 144%
a
Corp
Union
Range Since January 1
.
■
Feb
12
July
Jun
Die common
Jan
15
Aug
2%
2%
234
8%
8%
1,703
8%
4
—
2% July
2% Jun
200
16%
6%
"4%
1
common
6%
15
15
1
85c
93c
common
6%
2%
Jan
18%
Jan
Jun
8%
500
'
2% Mar
Jun
14
300
4%
4
1
Aug
150%
12%
Jun
16%
common
Aircraft
Jun
11%
200
1
1
common
10 Va
300
21/4
5
coinmon
—.
Co
575
14 7 8
2%
2%
11%
14%
1
common
1% May
V
11
1
B
Axle
Investment
Walker &
Warner
3 Va
138
320
class
United States Radiator
High
10
.
Tube
1%
1
Manufacturing
Udylite
High
3%
3%
5
.
(Un)__
Sales
Range
Low
1
Tel
&
12%
1
Timken-Detroit
for Week
of Prices
Sale Price
Par
Tel
9% Aug
2% Jan
11%
Oil
Motor
5ya
1
common
Superior Tool &
Exchange
Week's
Friday
STOCKS—
Coach
1% May
Jun
Jan
1
Welding
Stamping
Standard
American
100
1
Electric
National
Sheller
American
1%
:
Scotten-Dillon
as
j
1%
1%
Aug
3
5%
24% May
Standard Brands
Standard
100
6% Mar
63
10
Corporation
National
Jun
1,112
common
Abrasive
High
Jun
52%
2%
common
Prod
McClanahan
Murray
5%
1,152
63
1
(S S)
Mid-West
700
4%
common
Lansing Stamping
Masco
Low
-'6 r
9%
Kinsel Drug
Kresge Co
•.
9%
common
common
Products
Packard
Socony
Car
6
4%
1
Motors
Motor
Kaiser-Frazer
360
62
Corp
Hudson
11%
__
.
Jan
260
51%
YY
Range Since January 1
High
1
Motors
& Bearing common
Manufacturing common
4%
33%c
Oil
Pure
Jan
Loto
__1
——;
—
common
Electric
Shares
6i%
Ball
Hoskins
__
*
Pennsylvania RR
Pepsi-Cola
i
150%
Hoover
Howell
27%
*
Oil
Jan
10%
*
—
Aug
27%
.10
Electric
General
32
27%
Jun
11%
7
Stores
General
Feb
19% Jun
32%
.*
-.
Light
&
26%
138
49%
__
•
Commonwealth
70
499
205
31%
50%
•
Gas
32
24%
14314 144%
__
1Q
Products
City
144%
25
Service
31%
22%
23
100
Chesapeake & Ohio
Cities
31%
10
Tel
&
Corp
for Week
of Prices
10
common
Paige
Stocks-
———1
common
Motors
Sales
Range
Sale Priee
66 %
__
Week's
Last
Range Since January 1
Graham
Unlisted
12
Friday
Shares
—*
.
EXCHANGES
ENDED
for Week
Low
•
(623)
Sales
Range
of Prices
Sale Price
WEEK
CHRONICLE
10% Mar
Feb
3%
6%
Jun
610
13
82q
72c
Aug
6%
July
July
Jan
15
Aug
1%
Apr
I6V4 Jan
Jan
*
Chesapeake & Ohio RR
Products
City
Clark
(Un)
25
Cleveland
$4.50
29%
Jun
34%
a28% a28%
13
25
Jan
29%
1
Cliffs
Iron
a
16% al6ya
25
14%
Jun
17
Mar
16
Jan
30
10% July
63% Jun
76
Jan
150
36% Mar
42%
Jan
Feb
112%
Jun
Jun
25%
Jan
1
common
preferred
Cleveland
4%%
16'#/
a31% a32
•
Corp
Controller
11%
11%
100
70
Electric Ulumln common—*
preferred
11%
•
1,160
70
a39% a40%
*
Cleveland
Graphite Bronze
Columbia
Gas
alll%alll%
5
1
a23% a23%
130
(Un)
109
20%
Jan
Jan
Los
Friday
STOCKS—
(E
duPont
System
I)
•
all'/a all %
20
(Un)
a50ya a51%
Manufacturing
Erie Railroad
Faultless
(Un)
1
Electric
General
Motors
9%
Jun
12
43 V\
Jun
10
21%
Jun
51% Aug
32% Jan
9%
...
all
1
18%
a33'/4
*
a42% a42%
Goodyear Tire & Rubber
Drug Stores
Towing com
Greif Bros Cooperage class
Hanna (M A) 4% preferred
Industrial Rayon
(Un)
Jan
Jun
63% Aug
Jun
45%
Jan
11%
12
129
10
Jun
14% Jan
31
10
25
Feb
31
11%
100
*
*
1
A
Jan
34
14
Jan
40
31
*
Lakes
14%
23 %
Jun
51%
185
Jun
17% July
62
a61% a63 %
Apr
34
r'125
a38
10
(Un)
com
13%
16
140
a27
10
(Un)
Gray
Great
all
•
Rubber
General
a27
2
12
606
al05%al05%
42%
125
32%
32%
9% Mar
4
42%
42%
104%
Apr
33% Mar
Aug
13
Jan
106%
Feb
43
July
35
Apr
American
Steamship
*
Sessions
Lamson &
McKee
10
(A. G)
class Bj_._
Portland cement
Medusa
31% July
11% Jan
9%
13%
250
10
300
8%
"4%
11%
Jan
Jan
32%
Jun
37
Mar
3%
Jun
25
26
33%
47
120
4%
4%
4
4
4
37
May
33
31%
33 %
*
Jun
14
July
31%
31%
*
Brick Inc
Metropolitan
13%
*
Tile
Ohio
Oil
Mfg
1
class B__
Brass
Ohio
*
Co
Patterson
&
37
3%
4%
Jan
Apr
32%
Jun
50
Bros
a28% a28%
20
20%
125
20
al5
al5%
120
14%
Jan
ib
:
a20%
^
23% Jun
May
Jun
40% Mar
33%
Jan
Jan
323
17
Jun
27%
40
791
37
Jun
43% Mar
a41
a41
100
33%
Jun
40
*
28%
Jan
Jan
10% July
12 ya Aug
1,140
12%
345
13 %
13%
48
48
180
143% 144%
1,436
San
(Un)__*
(Un)_,
*
(Un)
American
Woolen
Anaconda
Copper Mining
Corp (Un)
Corp
100
(Un)—i.—14
(Un)
Co
a58 %
a22"%
(Ill)?*(Un)
__5
Atchison Topeka & Santa
Fe (Un)_-.100
(Un)
66
a59
10%
14%
Jun
42
Jun
138%
Jan
Jan
Feb
54
150
Jun
54"% Mar
Jan
57 ya
Feb
25
'
"
26
961
23
Jun
29 %
29%
665
2S%
Jun
35%
105
20%
Jun
27% Jan
3
6% '
37% Jan
Jan
7%
7%
590
a87% a88%
150
82%
Jun
95 y2 Mar
a357/a a35%
a87%
25
(Un)
649
7
a22% a23%
(Un)__30
10
Manufacturing Corp
a58%
•
Co
Steel
Co
a29% a30%
50
33%
Feb
39
Jun
5
Jan
Jan
Baldwin
5%
5%
500
5
Jun
10
10
300
8%
Jun
12
100
a9%
a9%
142
7%
Jun
10%
1
Works
Locomotive
Baltimore
Bandini
& Ohio
RR Co
Petroleum
Barker
Bros
3%
3%
500
2.50
Apr
10
Barnsdall
16 %
16%
210
13
(Un)
Co
Corp
Oil
Oil
(Un)
common
Co
'
(Un)
Co
5
20c
Bendix
Aviation
Bendix
Home
(Un)
Corp
Appliances
__
7% Jan
a47%
„
10%
5
33 %c
Inc
a50
195
10%
10%
1,450
35
a30% a30%
__
9
9
Apr
Jan
4% Apr
15%
Jun
21
40
Jun
48% July
Jan
18%
10% July
Jun
Jan
347/a Mar
27%
100
7
Apr
>
23%
Jun
33% Jan
9
Aug
Jan
24
17%
40
a
•
Sears Roebuck & Co(Un)
20
4%
-
*
50
*
(Un)
Sargent
Pennsylvania RR (Un)
Republic Steel (Un)
Richman
37
Jun
1
8%
10 %
Viscose
Refining
137
10
11%
American
Atlantic
Jun
•
St
&
High
3% May
2%
27 Va
1
(Un)
Smelting & Ref
Co
Low
175
3%
(Un)
Inc
Radiator
8:
3%
Range Since January 1
High
• ■> a29%
American Tel & Tel Co
Armour
Low
1
American
Armco
Shares
(Un)
Ameircan
Basin
National
Airlines
for Week
ef Prices
1
250
'
Kelley Island Lime & Trans
(Un)
Mfg Co
American Power & Light
Avco
*
Interlake
Range
Par
Allis-Chalmers
Sales
Week's
Last
Sale Prlee
Alleghany Corp
Eaton
Angeles Slock Exchange
Jan
Co (Un)
15
al5% al5%
90
14%
Jun
41% Aug
17% Jan
Standard Oil Co of N J (Un)
25
a€7% a68%
108
60%
Jun
74%
Standard Oil of Ohio common
10
26%
606
20
Jun
26%
Jan
Union Carbide & Carbon
_•
a40%
125
33%
Jun
42
248
20%
Jun
24% May
Blue
Diamond
(Un)
Corp
*
2
Corp
Eoeing Airplane
(Un)
Co
5
28%
6%
—
28%
587
6%
6%
1,873
al9% al9%
60
s
Jun
18%
6% Jan
25% Mar
Jun
'
Chica Oil Corp
Borden Co (Un)
Bolsa
Borg-W'arner
1
15
(Un)
Corp
5%
5%
5%
1,190
Jan
43% Aug
46%
53 ya
a43%
a45
35
48%
48%
235
6%
9%
7
10%
1,922
a22% a22%
20
24
a33% a33%
5
10
5% July
38% Feb
50
32% May
Feb
Jan
Jan
a23% a23%
Steel
Bethlehem
Socony-Vacuum
U
S
Steel
Dorn
Iron
25%
25%
a40
*
(Un)
Van
Oil
Jan
*
7%
7%
100
6
Jun
9
Jan
*
Works
Youngstown Sheet & Tube
64%
64%
160
53%
Jun
74
Jan
Budd
Broadway Dept Store
Co (Un)
•
•
Byron Jackson Co
*
California
Packing
Canadian Pacific
Case
Corp
(Un)-
Ry Co
(new)
Certain-teed
Products
Aircraft
Corp
Watling, Lerchen & Co.
Colorado
25
(Un)
10
.4
,,
New York Curb
Detroit Stock Exchange
Chicago Stock Exchange
Exchange
Consolidated
Consolidated
Telephone:
Consolidated
WOodward 2-5525
Detroit Slock
Friday
Alum
&
2
5
comihon
Brass
DWG
•
Power common
Cigar
Davidson
—25
Bros
&
Detroit
Edison
—20
1
Detroit-Michigan Stove
Steel
Detroit
Detroit
Friars
Gar
Steel
Corp
Ale
Wood
Gemmer
For
High
3%
Sales
Industries
common
Manufacturing
footnotes
see
class
page
_
B
42.
_
_
114
38%
Feb
48% Aug
35
12%
Jun
20
15%
Jun
19%
Jan
10
Jun
11%
Apr
jun
17%
Apr
760
al6% al6%
75
14%
25%
Corp.——1
13%
13%
13%
1/530
9
9
9%
a57%
10%
9
200
10%
a58
1,100
11
260
a26a26%
a6% a6%
138
100
__
3
11%
10"%
Liquidating Corp
*
Vultee Aircraft (Un)—1
for
11
a6%
5%
5%
Range SInee January
•»
425
10
400
23%
200
Low
Products
Electrical
1
High
.__*
Emsfco
Derrick
Oil
2%
Feb
Aug
Exeter
7%
Jun
10%
Jan
FAR
26%
Jan
Fitzsimmons
16
325
50c
Jan
Equip
&
__
—
—
—
Jan
Jan
27% Aug
Jan
3
5
Aug
25% Aug
14 % May
21% Mar
6%
Jan
7% May
17% May
Jun
12 ya
Apr
54% Mar
55%
Jan
8%
Feb
11
22
Jun
27
Jan
5
Feb
7
Jan
8%
Aug
9% Feb
8%
8%
189
7V«
Jan
20%
20%
130
20%
Aug
23
a59%
a60
36
50%
Feb
59% July
18
18
15 15%
150
17% Aug
Feb
21%
Feb
Jan
i); 15% May
325
11
4
12%
12%
12%
2S5
12% July
13 y2
Jan
5
—
12
12
100
11%
12%
Apr
31c
33c
600
31c
-5
.
Co
—
60
19
com
—
Jun
Jan
57
Corp
3%
Co Ltd
—1
class A—
Liquidating
1
Corp
15
263
23% Aug
.13% Jun
53%
470
46
30%
30%
110
30% Aug
35% May
10%
263
10 y4
Aug
11
6
1.370
51/2
Jun
6%
Feb
6
General Public Util Corp
9,430
4%
Jun
5%
Jan
Goodrich
22
3,168
20%
Jan
22%
33c
—
a^alO/lG
250
Aug
% July
75
7%
65c
Jan
7%
Jan
8
Jan
13
Mar
Apr
5%
5
21%
'
„
1
—
Inc
io y4
—
(Un)—•
common
Co
Industries Inc
Electric Bond & Share Co (Un)
Week'
Shares
„
(Un)__—.—5
(Un)
*
Corp
Aircraft
10%
1
Dresser
Jun
5%
13
5%
19
Jan
Garrett
—iL~.
Corporation
Electric
General
Foods
General
Motors
(B
F)
(Un)——
Co
Corp
-2
*
(Un)
a60
1%
4%
Jun
9%
Jan
Goodyear Tire & Rubber Co common—*
Graham-Paige Motors Corp (Un)——1
Jun
24%
Jan
Great Northern Ry
19%
200
18%
Jun
23%
Jan
53c
52c
54c
600
50c
Jan
95c
Mar
Co pfd (Un)
Greyhound Corp
(Un)!—i
Hancock
of
Oil
Co
Calif
1
4%
4','4
4%
30o
3%
Jun
6%
Feb
Hilton
1
7%
7%
8
300
7% Aug
9%
Jan
Holly Development Co
Hotels Corp
—
—*
common
(Un)
15%
191/4
11%
a43%
100
19%
—
—•
_10
5
(Un):
Corp
Co
1
Ltd class A
Stores
100
10
com.
a51
357
Class A
Douglas
_1
Products
a48%
5,216
General
30%
1
common
Jan
5
25%
15
5
Navigation—
Feb
66%
—
53%
—
1
common—
Cleveland
Detroit
9%
23%
—5
common_i
Range
of Prices
3%
——
—i
*
Burroughs Adding Machine—
Chrysler Corp
Consumers
Week's
Low
1
Electric
3%
Jun
27%
Curtiss-Wright
Exchange
Last
Sale Price
Par
Bohn
—
Jun
44%
•
Corp
Jan
50
861
27%
Publishing Co
13%
53 %
4%
25%
Zellerbach
Crown
Curtis
Y ••.—
29% July
a2%
al6% al6%
—5
a—
52%
al5% al5%
(Del) (Un)
Creameries of America Inc.,—.
American Metal Prod
—
32% May
14% Jan
a2%
—
11%
Continental Oil Co
Allen
May
al6%
(Un)
Jun
DETROIT
Building
STOCKS—
10
al5%
Consolidated Engineering
**
250
*
Corp
N Y
10%
Jun
4%
of
Apr
28
27%
Sou
24
a__
25
8c
Edison
Apr
94
(Un)—•
(Un)___•
Commonwealth
Aug
50
•
Commonwealth Edison Co
New York Stock Exchange
Jan
10 %
485
20
(Un)Commercial Solvents Corp (Un)
10
Jun
13%
—
—
-----
6% July
7%
a31% a31%
all% al2%
common
Iron
&
Columbia Gas System Inc
Members
Ford
Fuel
Preferred
all7/8
890
a38%a38%
13%
__
a31%
1
Co
Chrysler Corp
Cities Service Co
—
*
—25
25
(Un)_10
1
Co (Un)
(J I)
Caterpillar Tractor Co
Cessna
com—
j_
9%
*
3
class
A—*
—
—
—
__
11%
__
3
1
—
7
11% 11%
37% 38%
a43% a43%
61%
63
14% 14%
a60a63%
-
9%
1.75
v
34%
Feb
Jun
39%
Jan
*i% Mar
43% May
727
52%
Jun
63
11%
Jan
585
120
■
225
^
50
715
119
9%
1.70
10
Aug
220
40 ./ 40
1%
1%
a38% a38%
11% 11%
119
652
1,318
7
257
x
300
500
a—
14% Aug
a__
,;
34%
Aug
Jun
1% May
45
Jan
3%
Jan
36%
Feb
39%
10%
Feb
12
July
Feb
119
May
100
Feb
8%
Jun
9%
Jan
1.70
Jun
4
Jap
%
35
36
COMMERCIAL
THE
(624)
&
FINANCIAL CHRONICLE
Monday, August 15, 1949
OTHER STOCK EXCHANGES
RANGE
Lwt
STOCKS—
Bale Price
Hudson
Hunt
Car Co
Motor
Foods,
6.66%
Inc.
Central
Illinois
RR
Co
Intercoast Petroleum
Interlake
Iron
Corp
Nickel
of Can
International
Paper
Co
(Un)
Kern
Corp
(Un)
Lt
Gas
Lane-Wells
Co
Locaheed Aircralt Corp
Los
Los
1
Oil
Menasco
Co
Petroleum
Diablo Oil Mining
National
New
100
10% Aug
13% Jan
105
27% July
31
162
Jun
49% Mar
Jun
42%
11
8
195
221
15
43
May
Jun
39
360
44
•
56% Jan
46%
Jan
600
5
20
7% Aug
Jan
290
Jun
7%
1.15
7,100
19%
18
24 %
300
589
16%
Jan
820
14%
Jan
6%
295
90c
Jun
Jan
8% Mar
1.45
July
20%
250
25%
Jun
Jan
22
Apr
26%
Jan
6%
164
200
75c
300
17%
Jun
Feb
1.10 Mar
July
1%
Aug
2%
Jan
2%
53%
100
2%
Jan
3
Feb
429
48%
Jun
59
Mar
1.10
1,500
14
7%
14
7%
20%
264
15% July
Transit
American
Northern
Northrop
Oil
(Un)
Jun
14% Jan
150
6%
Jun
7% Aug
17%
Jun
9%
Jun
13%
Jan
8c
Jun
20c
Jan
8%
Jun
11%
Jan
410
8
Power
Finance
Corp of Calif
Pacific Gas & Elec
5%
red
Pacific
Lighting
Pacific
Western
Packard
Motor
Corp
Oil
Corp
Par
value
to
Paramount Pictures Inc
Pennsylvania RR Co
(Un)
Martin
Pepsi-Cola Co (Un)
Phelps Dodge Corp (Un)
25
Penn
$1
div
Pullman
Pure
Incorporated
Oil
Co
(Un)
»
(Un)__
Radio
Corp of America (Un)
Radio-Keith-Orpheum Corp (Un)
Republic Petroleum Co___
Republic Pictures Corp (Un)
24%
Edison
Rexall
Oil
&
Drug Ir.c_—
Rheem
50
27%
Apr
28% Mar
26%
Apr
28% Aug
53
320
50%
Jun
53%
36%
37/u
200
32% July
3% Jun
41
8%
Jan
10%
19%
Jun
24
1,530
14%
Jun
17%
106
Jan
12
110
39% May
53
200
12
26%
33%
255
32%
Feb
325
25%
Jun
32
3,174
4%
Jun
732
2%
Jan
19%
20%
573
17%
Jun
Aeronautical
Co
St
Regis
Schenley
Industries
Seaboard
Finance
Seaboard
Oil Co of Del
Paper
Roebuck
Sears
Sierra
Co
Apr
9%
Jun
14
7%
"
Jun
9
Apr
6
Mar
Jan
(Un)
Co
&
(Un)
Co
•
Corp
Trading
25c
Blaw-Knox
*
Signal Petroleum Co of Calif
1
Sinclair
Oil Corp
Socony-Vacuum Oil Co Inc (Un)
Southern
Calif Edison Co Ltd
•
Jun
5%
Jan
5%
Apr
Joy
16
July
50c
2,500
48c
Aug
4,430
25
Jan
38% May
4%
125
4%
Jun
25
1,024
17%
Jan
7%
100
6%
Jan
23%
110
18%
530
25
64
19 %
Jan
6%
Jan
4.56%
preferred
4.32%
Southern
Oil
6%
of
Texas
&
Gulf
a20%
(Un)—
*
(Un)
1
25
25
Sulphur
a29%
25
United
Gas
Corp
Unifpd
States
30
Elec
W)
footnotes
see
22%
23%
7,223
Jan
24% May
23
Jun
25%
Feb
22%
Jun
40%
Jan
8
84
Aug
85%
Jun
357
20
Jan
23%
Aug
25%
Jun
28%
Feb
1,463
17%
Jun
23%
Jan
354
46%
Jan
58% Aug
216
52
Feb
60%
1,373
2
Feb
24%
60
29'/a
675
84
84
23%
23%
28
23%
1,740
21
19%
21
57%
58%
56%
54%
56%
3%
3%
21%
21%
22%
10
20%
21
23
1975
40%
41
$13,500
1975
45
45
"
Inc
4s
Co
——
5
Apr
Aug
5
Feb
22 %
Aug
20% Mar
22%
Jun
37
Apr
54%
Feb
43
Apr
61%
Feb
13%
1,403
1,000...
McKinney
National
Low
10%
11%
352
2%
2%
600
10%
11%
899
11
11
650
35
21% x21%
San
Mfg
Flreproofing
2
Feb
Jun
8 Va
Jun
11% Aug
Jun
23%
Apr
2% Aug
11% Aug
Jan
34
34
25
31%
Jun
39% Mar
21%
22%
51
20%
Jun
24% May
1
5
*
Corp
3%
3%
3%
575
2%
Jun
3 %
3%
200
2% July
1
•
12.50
Spring
Brake
Electric Corp
Air
3%
100
2%
Apr
3% Aug
41
164
27% May
41
34%
10
*
1
—1
Co
Steel
3%
3% Aug
Feb
3%
40
*
& Bolt Corp
Screw
Westinghouse
12 %
22%
1
Toy Mining
Standard
Jun
10
Co
Pittsburgh Plate Glass—
Renner
Jan
14"% Mar
8%
40
1
26%
18%
155
13%
Jun
9%
19%
13%
Feb
11
19'/a
13%
com—*
High
Low
17%
19%
5
Refractories
Range Since January 1
High
1
Corp
Commercial
Gas
Pittsburgh
Shares
•
Brewing common
preferred
$3.50
for Week
*
Brewing
Star
Sales
Range
•
Manufacturing
Lone
Week's
of Prices
Last
Co
Westinghouse
35
293
28%
35%
7%
7%
6
Jun
6% July
Aug
8%
Jan
Jan
70c
70c
300
50c
Jan
70c
July
&c
8c
2,000
6c
Feb
16c
Mar
135
12%
Jun
95
21 %
Jun
34%
Jan
Jun
26%
Jan
16%
161/4
16%
26%
26%
27%
25
25
123
16% Aug
20%
Si. Louis Stock Exchange
Friday
26% July
35%
248
33%
Apr
41
905
32%
Jun
49%
68
27% July
37%
Feb
60
Sale Price
Jan
a20% a20%
17%
Apr
21%
———5
Co common
Jan
American
66%
1,003
56%
Jun
67%
Jan
American
40%
41
368
37%
Feb
41%
__
Sales
Range
for Week
Shares
Low
Par
A S Aloe
Week's
of Prices
Last
STOCKS—
35% Aug
40%
Range Since Jannary 1
Low
High
17% Aug
Feb
26
Jan
18% July
138%
Jun
150% Jan
9
Aug
9% May
29% Mar
32% Aug
High
17%
17 %
17% 17 %
143% 144%
13
100
16
Apr
Bank
(Un)
1
100
Bldg & Eqpt common
3
Investment common
Tel
Tel
&
67%
324
62%
Jun
72%
al6al6%
86
13%
Feb
16
22"%
23%
932
16%
Feb
10
10%
761
9%
Jun
23% Aug
11% Jan
Clinton Industries common
19%
Coca-Cola
191/n
150
a29% a29%
144
19«/B
17%
28%
Jun
Jan
30
Jan
July
Jan
Feb
Brown
Shoe
Burkart
Falstaff
15
common
Mfg
1
common
Bottling
Brew
common—*
common™
General
Feb
55% May
Feb
64
11
Jan
Electric
common
General
Motors
common
(Un)
(Un)
1
1
-1
*
10
17%
144%
__
9
9
32%
32%
32%
22
22
23
29%
23 %
39%
37%
61%
30 %
23%
39%
38Ya
—
__
s—
—
580
40
25
16
Jun
23
Aug
24%
Jun
30%
Jan
100
22%
Jun
25%
472
23%
Feb
39% Aug
95
34%
Jun
40%
52 %
130
33
Feb
Jan
Mar
8% May
19% Jun
10
22%
2
11%
5
'
.1
:
(Un)
734
•
a21%
——5
10
„—__10
10
•
_
IIIIlO
(Un)
5
i
page
22%
22%
n
113/
375
31
465
10%
Feb
734
3
650
6%
Feb
8
Aug
Mar
24
May
3,094
a21%a22%
108
20
397,^
315
35%
30
31%
1,713
280
--
a21% a21%
96
14%
14%
405
37/.
4
600
177/
a32%
00
177/_
177/
a32% a32%
97s/_
16% Aug
Jun
31% Mar
86
Jan
26%
Apr
11
2%
July
Jun
14% July
Jan
4
17% Aug
35%
39%
Jun
Jun
24 % May
35
Feb
51
47%
300
11%
441
9% Feb
es/0
ml
7
510
5%
o=
9=
25
182
1
"
I
I
100
H
a48%
a49
62
Feb
20%
10%
July
12% May
7% Apr
Feb
13% May
21% Jun
International
Shoe
common
28 % 28%
26%. 27%
25
1
—
43%
.1
Shoe common
Laclede-Christy
„
25
2%
2'%
42%
2%
43%
2%
19%
27% Aug
135
23
12
12
7%
Jan
July
50
1%
Jan
308
40%
Jan
100
2% May
:
common
5
__
7%
39%
Feb
2% Mar
44%
Jan
2% Aug
100
10
Jun
July
34
Jan
40
15
Aug
18
Jan
19 V*
Jun
16
Jan
Meyer Blanke common
*
—
15
15
*
__
21%
21%
17%
17%
17%
17%
434
160
15% Jan
21
21 Vi
125
125
5%
5%
223
40%
40%
139
10_
11
36
Midwest Piping &
Supply com
Missouri Portland Cement—_____;
North
American
Rice-Stix
2nd
common
common
preferred
St Louis
(Un)
———
—
Public Service class A
25
10
*
17%
—
100
—
50c
—
26
26 %
Jan
Sears Roebuck
Jun
7%
Jan
Sterling
47%
Jan
Wagner
common
Aluminum common
Electric common
*
1
15
40%
10
__
35%
Mar
Jan
23
7
26
4
common
7% Aug
5
380
26
Steel
14
2,340
20
Gas
14% Mar
1
405
common
Laclede
Laclede
45 Ve Mar
4%
27%
•
Hydraulic Pressed Brick common
Feb
Aug
50
__
_•_
62%
28 ¥4
295
5
Brewing
Jun
24% July
63%
2
1
common
Huttig S & D common
Aug
16% July
112
1,688
Shoe
Grlesedieck-Western
61%
Jan
20%
■;
General
Johansen
41%
76% Jun
47%
al4al4%
Mar
343
H0
42.
25
12
Jun
-
__
Jan
Jan
16%
a8l%a83%
__
25%
10
l53/a
a83%
~~
(Un)
a9%
39%
•
(Un,
Apr
28%
Jan
58
_—
Co
36%
Aug
29
aS%
1
Corp
Apr
-13%
Improvement™
July
49
Willys-Overland Motors Inc (Un)
For
28% Mar
20
(Un)
Co
33
27
•
Feb
52.5
32
W«?pernBAr,0STPiCtUrf IllC (Un)
Air Lines
(F
29%
30
243
R«S?b?r J?° (Un'
Steel
Corp
Tel
205
May
32% Aug
45
Apr
a57a58%
Western
Woolworth
Jan
27 %
39% Mar
a64% a65%
Universal Consolidated Oil Co
WPKtinahouse
29%
25
260
a57
50c
common
(Un)
Union
3,362
45
29%
(Un)—.—_
Co
Oil Co (Un)
Corporation
Corp
__
~
~~
1
class B
Sfflf IC^ft C?rp
United Air Lines Inc
Western
32%
67%
al6%
Aug
35%
23%
*
*
_
Walker
66%
"
25
(Unl_„_
Carbide & Carbon Corp (Un)__•
Oil of California
common___25
Pacific
RR
Co
(Un)
50
United
17%
a32% a34%
•
•
Corp (Un)
Twentieth Century-Fox Film
United
24
Jun
35s/,,
__
40%
23
Tri-Continental
Union1
25
•
Trancontinental & Western Air
Union
Jun
14%
45
•
Tidewacer Assoc
Union
18%
760
29%
«
(Un)
Incorporated
Transamerlca
1,725
23% Apr
cl A
Jan
42
20%
20
Apr
Jan
22
15%
834
Co v(Un)
Textron
Jan
25%
Cbmpany (Un)
Texas
28c
25%
common..
4%% preferred
Swift
Jun
25%
__
Feb
12c
26% Mar
pfd
6tudebaker Corporation
10c
33% Aug
616
Calif
Standard Oil Co (N J)
Stone & Webster Inc
41% Aug
Feb
23%
(Un)
(Ind)
Sunray Oil Corp
Feb
July
28%
Company
Co
4c
28%
Railway Company (Un)
Standard
34%
Apr
20%
_________25
Standard Brands Inc
Standard Oil Co
41
25
—
Calif Gas
Southern Pacific
Apr
Aug
28%
—
25
preferred
Southern
45
25
2
19% Mar
32%
25
preferred
4.48%
2,000
28 %
Jan
41
200
Jun
16%
2,000
17c
8% Mar
22%
,
1,151
4c
33 %
Aug
21%
com—25
Orig preferred
4.88%
preferred
41%
25
15%
__
17%
362
24%
72 %c Mar
37%
nc
21%
15
Apr
8% Aug
Jun
27%
100
_
common.
common
Brewing
Pitt
Aug
4c
__
12
Jun
1
Continental
4%
33%
__
23
*
-
Jun
34%
Columbia Gas System
3%
40%
40%
Signal Oil & Gas Co class A
7
Jan
14
40%
.
5%
16%
2,062
Alleghany Ludlum Steel
100
ia%
♦
Jan
32%
2,543
15%
Par
1,888
7%
__
Jan
Friday
3%
a45% a45%
1
Jun
6"%
Sale Price
4%
25
1.75
7%
1,509
13%
stocks—
Fort
48c
_I
(Un)——L__5
Inc
Aug
Pittsburgh Stock Exchange
Jan
27%
36%
43/4
__
50
3%
3% May
27%
5
8%
8%
42
Pittsburgh
Safeway Stores Inc_____
8%
—
,
Jun
3%
8%
1
14%
common
5s series A
Harbison
al7% al7%
__
36
18%
com
& Gas
Transit
Baltimore
3%
48c
75% Mar
BONDS
4%
36%
3%
15
36% May
28%
4%
1
3%
Jan
July
3%
1
Co
11%
m
Co
Jan
12%
3
Ryan
Oil
Jun
Apr
8
4%
•
Ranch
6%
51%
Jun
Jan
10
41/2
Richfield Oil Corp common
Rice
650
3
Jan
15%
422
~~
8%
56% July
Apr
702
1,051
__
8%
34 %
173
Jan
590
750
9
3%
8%
Jan
-63%
235
Apr
4%
9%
20%
11 %
1
Jun
64
Apr
8%
Co
51%
40%
•
Paper
Oil
Gas
500
10%
2.50
Manufacturing
1,579
-50
United
Jan
28%
19%
20% Aug
Co—
33 % Aug
8%
1
Jan
16%
20% Aug
20% May
Jan
11%
•
i
63%
62%
18%
common..
preference
32%
18% Mar
1
Co
16% Mar
u
255
42
Corp
30%
30
1
(Un)
Gas
20%
'
39%
•
preferred
Duquesne
Republic Steel Corp
Reserve
Jan
20 %
10
common
United
33</2
__
Jan
7%
540
442
""~50
Electric common,.
28% Aug
Jun
•
50c
57%
Jun
933
•
61%
1
RR
Corp
3.60%
Bun
a44 a 4.4%
__
Jun
4%
20%
61%
_____
-
Public Service El
Scott
12%
__
•
1_
preference common
Potomac
Jan
10
12%
44%
53%
10
L)
& Power Co
Water
Phi'co
Jan
15
a44
*
Puget Sound Pulp & Timber Co
Aug
•.
Pennsylvania Salt Mfg
2.65
28%
9%
__
Feb
10 %
39%
Corp
Pennsylvania
11%
20%
™33%c
16
Jun
10
Pennsylvania Power & Light
May
6
1,163
3%
15%
20%
10
Co
Corp
(Glenn
Pennroad
1.50 July
28
July
61
36 %
50
Jun
7%
20%
..13%
.
Reading Co
1,448
—
1
(Un)—
com
changed from
par effective Aug
no
Jan
28%
3%
__
9
220
July
100
*
2%
(Un)
160
10%
Lehigh Valley RR—
20
2,o00
10
(Un)
Airways
1
Lehigh Coal & Navigation
17
53
*
Jan
3.25
1% Jun
10
6% V7'-
--v;—-
_
Battery
Motors
Jan
28%
__
Jan
"
General
Jun
6
a28% a28%
__
,25
~
Car Co
American
33%
25
preferred
__
Light
Deposit
16%
a20% a20%
33% 33%
__
25
preferred
5%
Pan
10
common
2
Jan
12%
9%
51
51
•
Co
&
Storage
Fidelity &
Westmoreland
Pacific
-
Jan
Jun
8%
14%
jta
Electric
12%
1.60
28%
__
1%
150%
Jun..
11%
480
Aug
—27
Jun
301
9%
9%
-2%
Corp
Publishing
Curtis
190
a27% a28%
28%
*
(Un)
1%
__
"100
__
Chrysler
215
1.50
1.50
10%
-
20 % Aug
705
800
3,000
6
1
Company
Co
14%
__
—
13%
Jan
138
1,942
13%
•
21%
156
143% 145
.
Davison Chemical Corp
Philadelphia
17%
14%
17%
__
1
Inc
Co
Edison
Ohio
10
100
(Un)
Ry Co
Aircraft
Oil
Oceanic
Ohio
Co
Pacific
o-~
c
26%
10
*
Company
$1.40 div
North
t
v
t
v
com
1st preferred
5%
13%
*
2.10 Mar
1.10 Aug
11
10c
9%
8c
9%
9%
1
Jun
,15% July
11%
19%
10%
__
85c
Range Since Jannary 1
Low
High
High
26%
13
Jan
1.90
Jun
2%
53%
1.10
__
Baltimore
Budd
144%
•
—
Baldwin Locomotive Works
$50
Jan
290
17
8%
100
Tel
<fc
26%
18% Aug
72
20%
•
Tel
American
Delaware
23%
7%
Shares
Jan
15% Aug
Aug
197
Apr
9
Jun
4%
895
V.:
for Week
Low
•
Stores
Jan
1,840
1,900
__
•
(Un)
10%
29%
4%
15
49%
Par
American
Arundel Corporation
1%
14
1
Inc
1.50 Mar
Jun
al6
—
1
(Un)
95c
1.25
1
(Un)
100
1%
5
Distillers Prod Corp
York Central RR
Nordon Corp Ltd
North American Aviation
1.15
Sales
Range
Jan
July
al6
(Un)—•
Corp (Un)
National City Lines Inc
11%
20
1.20
—1
Nash-Kelvinator
29%
Feb
1%
__
& Dev—
Feb
7%
Week's
of Prices
8ale Price
Jan
1.25
1
1
Co
Co
22%
P7%c87%c
—
Utilities
South
Monogram Pictures Corp
Montgomery Ward & Co Inc
Mt
24%
1
■—:
Manufacturing
Merchants
Middle
__
1
Co———
Magnavox
400
7,880
19
17%
24%
300
__
Inc
Mascot
1,300
27
95c
1.15
(Uni——————*
Angeles Biltmore Hotel Co
20
Angeles Investment Co
100
Loew's
9%
6%
—
„
10c
Co—
11%
*
13% July
Feb
23%
7%
7%
1
7
——
(Un)
Feb
8%
4
(Un)
Company
Petroleum
Lincoln
15
5
Libby McNeil & Libby
9%
8%
4%
15
49%
44
4%
_—--
County Land Co
Laclede
—
1
5
Corp
Copper
stocks—
300
13
a51% a53%
9
9
a53%
(Un)15
(Un)—•
Kansas Power & Light Co
Kennecott
Friday
High
29%
__
International Tel & Tel Corp
Kaiser-Frazer
Low
10%
*
•
(Un)
Corp
International
—
Philadelphia-Baltimore Stock Exchange
Range Since January 1
8%
10%
33)60
10
Independent Exploration Co
Shares
26%
10%
1.15
__
26%
—100
(Un)
12
for Week
High
12%
12.50
-
Range
of Prices
Low
Par
;
AUGUST
ENDED
Sales
Week'a
Friday
~
WEEK
FOR
1G9
1
430
19%
125
3%
Jun
Aug
Jun
22 y« Mar
18
Jun
20% July
25%
127
5%
Feb
Apr
Jan
4l% Aug
34
Jun
746
10
May
15
Jan
224
33%
Jun
46
Jan
Volume 170
Number 4829
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(625)
37
OTHER STOCK EXCHANGES
FOR WEEK ENDED
RANGE
San Francisco Stock
Friday
STOCKS—
Par
\j
Range
Air
Reduction Co
Alaska
Juneau
Allegahny
(Un)
Gold
Corp
American
&
American
Factors
American
Power
Ltd
&
<Un)
Tel
*
al%
•
__
(Un)
"
•
Co
(Un)__,
100
(Un)
Anaconda Copper
Mining
Anglo Calif Natl Bank
Atchison
Co
'
20%
High
Feb
M
23% May
■
3%
100
2%
Apr
3%
800
2%
Feb
3% Aug
10
170
7
iJan
10% July
J & M
&
Corp
Atlas
(Un)
__
50
20
(Un)____;
& Santa Fe (Un)
al%
al%
55
17
237
ny4
n%
35o
13ye
13%
250
46
46
137
45 %
144 y8 144%
2,283
138%
2
7%
22
11% Aug
24 V2
26'A
794
Apr
53%
__
H
61%
Jan
37%
Fen
570
25%
Jun
29
29 %
810
28 y8
July
67/b
7y
National
Jan
29%
230
5
102
Jan
34%
7%
5
Avco
Manufacturing
N
Y
Co
Central
Bethlehem
13
5 % r/o
'■
__
&
Jun
7%
Jan
9
Jun
11V*
Apr
251
256
41
250
Jun
355
50
50
210
42
Mar
50
•
__
27%
a30% a30%
63
91/4
9'/4
27%
28%
575
(Un)
Sullivan
7%
7%
g
2.00
2.05
5
a20%
Pr
I.
*
6%
•
pfd
I_
33"%
Jun
14%
a20% a20%
10
a43% a45%
7%
18 % Aug
220
40%
Feb
30
44'/a
May
al5% al5%
50
13%
Jun
50
21V* Jun
II
71/,
77/3
434
•
<Un)_____100
43^
30
111
111
11,109
1,350
Pac
Packing Corp
common
•
Canada
Ginger Ale
Pacific
Ry
Caterpillar Tractor
Ceianese
Central
Corp
of
(Un)
1%
(Un)
new
25
common
10
America
1
Mil
St
__
13%
31%
22
8%
Apr
9
Mar
Paul
RR
pfd
1 10
100
25
50%
10
a50%
Chemical
Colorado
Fuel
Columbia
Co
&
31/3
Iron
Broadcast
pfd
Sys
Columbia Gas System
Commercial
Solvents
20
class
A
common
&
__
Aircraft
Creameries
Crocker
Crown
First
Natl
Zellerbach
"I
Bank
Eastman
El
Dorado Oil
Electric
&
State
State
Co
Goodrich
Goodyear
Greyhound
Hale
Bros
__
II
n
99"
Hudson
Hunt
II
a48
10
—5
(Un)__10
Idaho
__
10%
1
__
37%
Power
common
100
(Un)
._
II
20%
(Un)
pfd
II
Independent
•
•
Co
Mines
Corp
County
Salt
Libby
McNeill
Lockheed
Loew's
20
33%c
Corp
(Un)_*
(Un)
*
Land
For
_•
5
—10
&■
Libby
;_7
Corp—
1
(Un)
1
Machine
(Glenn)
footnotes,
__
__
2.05
__
__
a29%
__
4%
__
42%
__
__
__
see
.
5
1
page
42.
11%
Apr
14%
17
Jan
July
20
5
Aug
27% Aug
4 % Feb
21% Mar
25
41%
Jan
Apr
43%
10%
800
8
Jun
12%
6
162
5%
Jun
"8%
10 y4
11
498
8%
Jan
11
87%
Jun
90
Jun
20
Jun
27%
Jan
Jan
192
94
Mar
100
94
12
90
May
95
a6%
a6%
30
g%
8%
806
7%
Jan
9%
300
3
Jun
6
29%
29%
655
24%
Apr
30
a48 a48%
12
43%
Apr
48% Mar
202
10%
11
153/3
300
Feb
5
Pacific
7
40
Jun
47 % Mar
Jun
14%
Public
Tel
31
39
a%
53
% July
7%
22 % May
28%
Jan
Jan
3gy8
842
34%
Jun
39"%
a43% a44%
439
41 %
Jan
13% Aug
53%
62%
13V2
100
61%
1,101
20%
21
525
20
July
1434
948
10
Feb
63%
60
56
30
a._
Jun
25
42%
241
37%
1%
100
39%
44
—
Jan
a38% a38%
55
1% May
34% Jun
55
10%
Feb
11% July
200
12
Jun
14% July
19% May
14
__
—
__
76
Jan
Jun
60
Jan
Co
1,032
14%
37%
480
10
13% July
200
27c
•400
9
23c
a28%
a3%
12%
265
3%
Apr
'28%
28%
28%
3,150
26%
28%
275
28 %
52 %
52 %
448
103
102%
103
225
100%
53
46
53
590
44 •
18
165
.
18
t
__
__
;
*
3%
9%
•
18%
—
__
15%
Jan
144%
Jun
3%
4
588
3%
Jun
4%
Jan
9%
9%
359
8%
18%
832
15%
Jun
20%
170
19
Jun
15
15%
556
14% July
9%
9%
300
a44%
a45
121
1,330
33%
33%
150
a28% a28%
127
25%
Feb
1,291
9%
Jun
*
-J-
8%
8%
59%
a24% a24%
»>__•
10
—
17%
•
36 %
(Un)—*
25
—
7c
(Un)i.50
—
30%
4%
21 %
100
20%
17%
Jun
35%
Jan
38 %
Aug
14
Jun
19%
Jan
36%
37%
Jan
38% May
25% Jan
904
25
25
25
854
21%
25
920
16%
2% Mar
Jan
7c
8c
a29
/■;
;
a29
7,300
6c
^
Apr
16%
17
765
16%
Feb
175
175
1,242
1.65
Jun
50
50
350
42%
12%
12%
218
10%
Feb
34%
Feb
41%
31
Feb
38%
Jan
420
20%
Jan
34
Aug
21%
15%
22%
15%
1,006
663
14%
Jun
17%
Jan
25%
26%
630
21
Jun
28%
Apr
32%
32%
1,312
29%
Jan
32%
Aug
May
26% July
29% Jan
18%
24
29%
29%
150
28
35%
35%
350
33%
*
40
39%
40%
1,133
a28c
a28c
a28c
25
20%
20%
—
•
—
a65% a67.%
9%
850
8%
Feb
11
Carbide
Union
Oil
Mar
29% May
Jun
35%
33 %
Jun
49%
32c
150
Jan
35c
18
Jan
55%
Apr
Jun
Aug
Jan
Mar
20% Aug
Jan
*
a66
a40%
a40%
a41
215
39"% Aug
40% July
25
(Un)
a67%
a67% a68%
458
61%
Jun
72%
23%
24
17% 17 /z
a29 A a29 A
765
16%
Feb
24
Aug
296
16%
Feb
18
Mar
30
Mar
.
—
—
—
25
common.
Carbon
(Un)
--
57%
10
22%
22%
—2
(Un)
&
24
-25
Corp
Union
Jun
26% Mar
35%
1
10
—25
Oil
Aug
613
385
34
*
(Un).
Ass'd
Water
Mar
Mar
1,451
H%
11
39%
39%
•
57%
23
35
30
378
48%
973
19%
Mar
Jun
57%
Jun
25%
Jan
7,602
11
67%
12
Jan
Aug
Jan
Mar
40%
1,023
33%
Jun
41%
__
30%
31
1,291
25%
Jun
31% Mar
—
21 A
21 A
205
21
Jun
24% Mar
13%
13%
13%
634
10%
Jan
14% Mar
--
3%
3%
400
2%
Jan
23
23%
48 %
894
48%
240
7%
11
240
8
11
Jan
13% Aug
9%
Tide
Transamerica
Aug
11c
32
35%
—
25
Indiana
Company
25
Feb
Jan
30
9
Jan
40%
—
—25
Super Mold Corp cap
Swift & Co (Un)_
Texas
26%
Feb
24 %
50
Corp
Jan
Feb
5% Mar
135
125
N J
28%
34%
4% July
352
a28% a28%
1
Jun
July
28
1,200
a26% a26%
(Un)
May
59% Aug
40%
21%
(Un)„*
Calif
9
Jun
17%
—
of
Jan
a38 a38%
a28%
Co
Apr
14%
;
17%
25
Oil
Apr
32%
33%
25%
5
Oil
Jan
35
34%
—
"
——
21%
—
15
cap
Jan
Jun
yJan
33%
•
*
(Un)-_
ftlar
7
7% Mar
42%
150
4%
60
Jun
32% July
50
30%
20%
__
15
Feb
11%
i
270
—
May
4
550
57
11%
25
Studebaker
*
Apr
Feb
12%
15
Co of
11%
12%
10%
Jan
49 %
11
—,
Feb
17%
Jun
52 %
a28%
Jan
24 %
Jan
50
1
-
10% Mar
20
■
>
235
__
Aug
8%
37
330
I
com
98
Feb
18%
15
1
com
19% May
135%
4.48%
Oil
Feb
97
101
4%
& Co
of
Feb
89
98
57 %
common
Pacific Co
Jan
144%
*
Oil
pfd
July
58
4%
common.
Co
Jan
103
13%
-
Edison
54
Jun
57%
*
Jan
Aug
Jun
*
A
28%
28%
.
July
20
—
Aug
97%
preferred
Standard
Feb
Jan
144%
__
P10O
(UnK
class
50
20%
1
25
Co
Co
Co
Feb
8%
Aug
__
Port Cement
Valley
Jan
6
Apr
28%
common
6%
13 Va
Apr
6% July
200
1,693
Jan
Jan
5
12
7
28%
lUn)__:
cap
Corp
Gas
Jun
35% Aug
32% Jan
Manufacturing Co
Calif
3%
33%
•
„
pfd
13%
Apr
*
Petroleum
Roebuck
33
Jun
Apr
.—50
Realty
Cement
Aug
28%
Jun
4%
100
Oil
Jan
Jan
25
America
Incorp
2.65
10
4%
33%
Mar
30
(Un)
&
41c
28% Aug
8
Feb
Jan
14
23%
730
a3%
15%
,
1.50 July
2
12
/ May
Feb
Jan
May
33
(Un)
Co
Preferred
Calif
70
30%
____33%c
Ltd
Inc
Union
44
»
23
530
*
(Un)
Standard Brands Inc
63 %■ Aug
a—
Jun
Mar
72
669
(Un)__
Standard
Jun
19
Feb
14%
4234
131%
Mill
Southern
Feb
11%
Feb
4,487
100
Standard
Jun
Jun
17%
7
•
Preferred
Spring
8%
165
35%
common
com
4.56%
43% May
15% Jan
500
33%
(Un)
(Un)
Corp of
Railway Equip
So
Jan
9%
32%
Puget Sound Pulp & Timber (Un)
Jan
12%
12%
:
Philippine Long Dist Tel Co
Fhiliips Petroleum Co
4.32%
Jun
9%
10
A
Phelps Dodge Corp (Un)
Conv
Jan
145
Jun
class
com
Pennsylvania RR Co
Southern
210
35%
Pan
15% Aug
Apr
11%
32%
American
Airways (Un)
Paraffine Companies, common
Paramount Pictures (Un)„
Rayonier
Aug
11%
..11%
__
100
Pepsi Cola Co
.
__
33%
common
Service
Oil
20
Jun
*
Tel
Pure
Feb
10
1.60
28%
25
Preferred
Puilman
17%
10
__
.25
Pacific
Pioneer
450
430
25
Cement
Motor Co
Aug;
.7% Aug
25
preferred
&
13
20
14%
4%
common
Pacific
Jan
12% Mar
a%
61%
Jan
'
6% Jun
11%
5
Sinclair Oil Corp (Un)
Socony-Vacuum Oil (Un)
Soundview Pulp Co
Aug
37 y4
13%
15%
Jun
27c
__5
Signal Oil & Gas Co class A—
July
36 >/2
1,011
Apr
Jun
9%
100
10
5
com
preferred
Portland
Packard
10%
l;445
7%
43 %
„
^
preferred
Lighting Corp
$4.50
Sears
July
51 %
9%
Feb
57%. Mar
22%
9
•„
120
Jan
47% Aug
510
15
7%
B
common...
1st
Shell
637
63%
Fisheries
Electric
Santa Cruz
Jan
Feb
class
preferred
Pacific
150
12%
72
1
Aggregates—
Riverside
Feb
35/a
1,377
8
Jun
al7% al7%
__
Safeway Stores; Inc———J>
San Maurico Mining
P10
Mar
7
6% May
7%
9%
1
(Un)
red
Rheem
Aug
51%
19% Mar
10%
.
20
cap
Republic Steel Corp (Un)
Reynolds Tobacco class B (Un)
Apr
100
37%
Co
red
Aug
99
50 %
48
485
2,084
Richfield
5%
Jan
10%
.
„100
(Un)
Corp
preferred
1st
Republic
Aug
2.00
2.10
a33% a34%
10%
6,000
130
11%
3,425
a29% a29%
150
a39% a39%
4%
56
4%
1,850
a49% a49%
180
42%
43%
727
Jun
1.70 Jun
4%
66%
Jan
Jan
Aug
Jan
32%
Jun
7%
Feb
32% May
19% July
Jun
31 %
26
33%
Jun
4% Jun
39%
9
Jan
Jan
Jun
55%
Jan
39
Jun
46%
Jan
29%
45
27% May
6% Jun
32% Mar
125
100
16%
21%
8%
18%
510
14%
Jan
8%
8 %
176
5%
Jun
18
22%
22'%
151
a9
a9
50
7%
(new)
common
Oil
Utah-Idaho
—10
Sugar common (Un)
Equipment Co.
Pictures (Un)—...
Victor
Weill
&
Wells
1
•
23
—
5
1
—
5
—
101
101
,
3%
20%
Jun
23%
35
:
Feb
51
2.05
Feb
200
7%
9%
Jan
2.70
Jun
680
Aug
Aug
July
v
-
Apr
9%
Jan
12% May
130
Feb
150
270
Apr
281
Aug
common—,
100
150
150
15(J
Bank & U T—
Fargo
100
280
280
280
10
—
97c
1
2,288
6
6k
2,150
5%
Jun
7%
al9% al9%
41
17%
Jun
22%
Jan
a7
20
5%
Feb
7%
Apr
15/2
15%
,143
14
125
(R)
Co
Westates
Petroleum
West
common
Indies
(Un)—1
1
(Un)
Sugar common
6%
1
—
Jan
Apr
18% July
18
Corp
Consolidated
Preferred
a7%
Jan
10
Del (Un)
;
Jan
41%
29%
10
Steel
Universal
25
5
(Un)
Lines Inc
Air
United Corp of
S
common
Corp
Warner Bros
a7%
19
United
Calif
of
Co
Aircraft
United
U
2.20
17%
•
i
...
Marchant Calculating
Co
(Un)_..
Company
Aircraft
Magnavox Co
Martin
_i
Corp
Co
Inc
__
(Un)__l
common—
Copper
Leslie
„
12.50
Kaiser-Frazer Corp—
Kennecott
16%
1
•
Exploration
Kern
Jun
10%
a42% a43%
&
1st
Jan
all% all%
_I
*
Ltd
Jan
1%
__
.1
(Un)_*
International Nickel Co Canada
Johns-Manville
9%
a62% a62%
3
Co
a42% a43%
10
397
28%
Radio
175
1334
*
(Un)___
com
a44
•
pfd
6%
Co
i6y2
19
22%
a24% a24%
__
10
2%
Inc
Maryland
Idaho
16% Aug
18'/a Apr
6%
50%
__5
*
Inc
Car
CO
3%
__
J5
Corp
Motor
Foods
150
94
"
•
•
Development Co
Oil
16%
lG
~~
Rubber
Hawaiian Pineapple
Honolulu
16%
al9% al9%
2,234
__
Holly
Apr
Jan
6
10%
1
—
Stores
29
25%
Jun
•
non-cum
Corp
Jan
200
90
(Un)
com
&
Jan
57%
Jun
28%
11%
6%
53%
20%
28%
Co
48% May
18%
2%
10
Motors
32%
44% Jun
42% Mar
50
25
Co
Ry
Jan
Jan
28%
26%
Corp
4%
Tire
1.80
180
common
F)
North
37
Jan
34%
25
*
Ltd
Graham-Paige
Great
955
30 %
Jun
90c
a3
(Un)
Co
Co
<B
600
53%
32% July
30% Jun
25
(Un)
common
Ltd
22%
50%
a47% a51%
90
common
Share
Co
420
25%
Gladding McBean & Co
G»<iden
3,500
32
5
General Electric Co (Un»
General Foods Corn (Un)
General Metals Corp cap
Golden
1 20
com_25
Liquidating Corp common
Machinery & Chemical
Motors
1 10
Jun
a3
FAR
General
24
Jan
«
Emporium Capwell Co
Food
877
Jun
Works
Bond
27
2%
Co
Co
27% Jun
25%
*
Kodak
915
100
l
Bridge (Un)
(E I) de Nemours
Pont
32%
330
1
Dumbarton
du
31 %
(Un)____i
new
Publishing Co com
Curiiss-Wright Corp (Unt
Co
Jan
2,029
preferred
Chemical
Jan
14%
5
common
Curtis
Dow
10%
Jun
16%
Inc—
Dominguez Oil Fields
Jan
10%
27%
common
Corp
Mfg
10%
755
4%
•
Doernbecher
155
13%
27%
Preferred
2nd
al2
13%
4%
5
common
Amer
of
Apr
27%
Coppermines
Vultee
58
*
(Un)
Consolidated Edison Co of N Y (Un).._*
Consolidated Natural Gas Co
(Un)_15
Cons
Feb
all%
IV/t
*
Southern
Continental Motors
52%
25
Edison
Consolidated
16%
*
(Un)
Commonwealth
Commonwealth
__
2%
(Un)
3
22%
Chrysier Coip
Cities Service Co (Uu)
Clorox
Jan
32
25
lUn)
36 %
a53% a53%
Apr
2.10
20
(when distributed)-18
5%
Aug
Feb
100
17%
Jun
12%
:
10%
10
cap
5%
Jan
111
Gas
0%
Jan
25%
30
331/,.
25%
•
Mining Co
Eureka
Chesapeake & Ohio Ry (Un)
Chi
"
50
Dry
Canadian
33
July
A.■■■■:,)
(Un)__
cap
Filters
Sugar
5%%
"**
Preferred
23c
(Uri)—&28%
Can
•
California
July
al3% al4%
__
10
Cons
Ry
com
Amer
Mar
24
4% Aug
Feb
Jan
41% May
50% Jan
5% Jun
109
15c
100
Pacific Coast
Jan
a49
a49
1,200
1.60
United
Pacific
Jan
2.60
a22% a22%
__
2%
Co
Jun
7
Oil
Co
Pacific
Feb
10
1.95 Mar
23 %
3.7U
Jan
20c
6%
—
(Un)___,__l
(Un)
Petroleum
Oil
Onomea
34% Mar
Jun
8 % May
440
2.00
(Un)__._5
(Un)
26%
230
35c
100
Pacific
Ohio Edison
Ohio Oil Co
Aug
__
Co
Sugar Co Ltd
Oliver
Jan
1
common
Cement
Oregon
5
139
251
3
California Art Tile class A
Calif
220
100
33 %c
•
•
Oceanic
Jan
Byron Jackson Co
Calaveras
53/8
a9% alOVa
__
(Un)
Aviation
American
■
Oahu
Mar
10
(Un,
Hill
32c
18,600
Jun
__
Bunker
Jun
25c
2
Corp
22c
25c
8
(Un)
Boeing Airplane Co
6
205
5
Jan
High
Feb
1.35
52%
al3%
*
preferred
Occidental
Mar
Jun
4%
22c
(Un)____*
*
.
20% Mar
20% Mar
9%
Co
Borden Co
19
350
9%
Holdings Corp (Un)
Borg-Warner
5%
RR
American
North
Products
Jan
9%
(Un)
Corp (Un)
Appliances
Steel
Oil
51/2
5,850
Low
.
20%
*
1
_
American
North
Jan
100
Aviation
Blair
a23y4 a235/8
33
18c
__
*./,
^1
cap.,,
North
sy4
_
3
Locomotive (Un)
Baltimore & Ohio RR
(Un)
Bank of California N A
Larnsdall Oil Co common
Eirhop
5'/2
10P
Corp
Baldwin
Home
__
2.50
31
—
—5
Fibres
Distillers
Natomis
Jan
102
Auto
National
31 % Mar
Jun
45
a87% a88%
' 700
2,150
11%
185
V
..
lfr
—
National City Lines
Feb
149%
Jun
22%
'
1
Nash-Kelvinator Corp (Un)..
Jan
Jun
51
14%
May
140
iPIO
Cons Un)
14%
155
Monolith Portland Cement pfd
(Un)_10
Montgomery Ward & Co (Un)
•'
Jan
Feb
10 V* J un
591/2
29%
5
Imperial Diesel Engine
Big Wedge Mining Co.
Bendix
M
High
13%
...
1
;
Range Since January 1
Low
•
...
Share*
Mar
Jun
1%/Jun
15
29V2
100
(Un)_„_
Atok
Bendix
(Un)
for Week
of Prices
3% Apr
j.
Northern
Atlas
Co
Mindanao Mother Lode Mines
2%
591/2
•
(111)
Top
Low
50
1/
3%
__
144%
14
(Un)__
&
High
16%
20
(Un)
8an
American Viscose
Corp com
American Woolen Co
Armour
"3
<Un)__l
(Un)_.
(Un)
cap
Light
Tel
Sang* Since January
Navigation
Menasco Mfg Co
Sales
Range
J
Par
Matson
.Morrison-Knudsen Co
com
Stan
&
Sale*
Share*
Week'*
Last
Sale Price
10
_
l
Smelting & Refining (Un)._*
American
Friday
STOCKS—
for Week
a22% a225/8
10
common
Foreign Pr
Radiator &
American
Co
common
American Airlines Inc
Axner
*
Min
of Prices
Low
12
Exchange
Week's
Last
Sale Price
AUGUST
Jan
Western
Western
Western
Air
Lines
Department
Union
Jun
23%
.Jan
Westinghouse
Jun
17%
Apr
Woolworth
(F
Teleg
Elec
W)
(Un)
1
Stores
50c
(Un).._
*
12%
—
'4
25
10
49
49
Inc
Corp
(Un)
(Un)
—
--
25
,4
1,420
49
527
85c
Feb
13% Mar
13 Va May
Jan
1.20 May
16
Jan
Jan
16% Mar
21
Jun
26%
44%
Jan
49% July
Jan
"
38
&
COMMERCIAL
THE
(628)
LISTED
CANADIAN
FOR
RANGE
FINANCIAL CHRONICLE
Monday, August 15, 1949
MARKETS
WEEK ENDEI) AUGUST 12
Friday
Montreal Stock Exchange
STOCKS—
Last
STOCKS—
Low
Par
Abitlbl
Power
&
4
20
common
Sugar
class A
5%
preferred
Algoraa Steel
14
18%
4
22%
100
Paper
$1.50 preferred
Acadia-Atlantic
—
12%
18
22
99%
High
Low
Hiah
14%
18%
22%
99%
Steel
Car
Niagara
Range Since January 1
Shares
Prices
Drug & Chemical pfd
National
for Week
Range
Sale Price
National
Sales
Week's
Wire
Weaving
Noranda
9% May
17%
Jan
Ogilvie
16
Jun
20%
Jan
Ontario
Steel
120
19%
Jun
24 %
Jan
Ottawa
Light,
145
99% July
102%
Jan
5%
56
Corp
•
•
Mills
Flour
•
Ltd
Mines
740
6,837
\
•
common
Products
Heat Si
4
Power
•
41
39%
41%
1,870
30
May
51
51
52%
1,975
41
Jun
61%
Jan
pfd__—25
—
26
7
280
25%
Jan
26 %
Jan
435
6%
Jun
9%
—
Aluminum Co of Canada
4%
*
Argus
Corp Ltd common
4%%
preferred
Warrants
Asbestos
___
7
50
Amalgamated Electric Corp
Anglo Can Tel Co 4%% pfd
26
7
43%
43%
43%
70
5%
5%
425
65
65
25
15c
15c
1,000
24
490
4
—
100
__
——_—15c
_
—•
Corp
__
23%
43% Aug
5%
62
11c
21
Jun
Jun
July
Jun
47
6%
76
Apr
Pcnmans
6%
Ltd
Placer
*
100
—
Development
Ltd
1
Jan
Powell
Power Corp of Canada
•
Price
•
20c
Jan
26%
Jan
Si
Paper
A
Brazilian
Jan
Trac
Light &
British American
Power
Bank
Note Co
19
19
160
17%
Jun
23
42%
42%
2,331
38%
Jan
20
19%
20
2,916
17% May
__
•
J.
__
25
River
Bros
4%
Co
&
4
Co
Ltd
common
preferred
Provincial
;
"
Class
a25
•
A—4
Z.
B
100
Transport
__
26%
*
Mills
Class
Ltd
class
A
—
*
B
Building Products
Burrard
Dry
4%
4
Dock
Canada Cement
__
*
-
Co
Ltd
class
20%
14%
Apr
Apr
al2% al2%
5
12
Jan
24%
24%
940
22
Feb
24%
23
4
common
$1.80 preferred
25%
20
Canada Northern Power
Corp_
__
4
4
Safeway 4%% pfd—
Canada Steamship common
9%
100
a25
120
24%
Apr
25%
Jan
214
2%
1,850
26%
26 %
210
•2
2%
2%
100
2
15%
15%
3
4%
14
200
31
31
8%
4%
280
190
25%
27
6%
21%
478
28%
25%
28%
800
9%
9%
15
Jun
4%
Aug
Jun
3%
•
Canadian Bronze
27
Jun
Jan
May
Jun
Jun
Jun
8% Apr
17
Jan
5% May
33
Canadian
$1.75
Celanese
8% Aug
26%
30
9%
Jan
__
6%
5%
33
Jun
37%
Feb
4,473
18%
Jun
21%
Aug
20%
19%
191/2
101
12
11 %
12
14%
14%
425
21%
36%
__
__
261/2
•
25
•
__
*
May
680
20
Feb
18
Jan
20
20 3/8
Jan
26% July V
__
25
21%
22
2,874
36
36%
115
201/2
20%
100
a45% a45%
9%
13
10
26%
19
Jan
Jun
14%
5
928
102% 102%
45
44
17
Jan
Jun
34% July
20
May
39
44
275
56
50
56
Aug
5
144
July
147
al4% al4%
20
13%
Jun
Lawrence Paper
May
48
26
Aug
27%
Feb
24
Aug
28%
Jan
Jun
11%
Jan
36%
Jan
25
25
25
9%
1,300
8%
1st preferred
26
1,195
24
Jun
101
101
20
101
Jan
5,573
101
Jan
63
al44
19%
37
Jan
45
Jan
39
590
34%
Jun
423/a
Jan
14
14
75
12%
Jun
I63/4
Apr
45%
Jun
60
Jan
95
Jun
50%
52
3,730
95
95
200
98
Apr
10 %
10%
595
10% Mar
113/4
Feb
16
16%
400
16
17%
Jan t
6.60
6,260
5.90
103 103%
85
100%
—
__
6.50
5%
Jan
Feb.
7.10 May
Jan
103%
A
5%
475
4
May
10
Jan
18%
__
21
485
17
May
22%
Jah'.
11 %
275
9
Jun
14%
Jan 4
Jan
72
72
72
100
71
Jun
86
41%
40'A
41%
240
363A
Jun
42%
Jan
•
Sicks
com
preferred
23%
23
23%
3,007
22%
Jun
25
47
47%
205
45 3A
Jun
48%
William's
Breweries
of
Can
77o
common
Southern
Jan
pfd—100
__
130
130
130
5
18%
;
•
Canada
Power
•
Standard Chemical common
Steel Co of Canada common
7%
17%
18%
500
19%
19%
75
17
Feb
20
17"%
17%
50
17
Jun
18% Mar
5
__
Stores
Steel
5%
Ltd
6%
2,195
Jun
7%
355
78% Mar
85'A
Apr
330
80
Jun
853A
Feb
13% Aug
16%
•
82
82%
13%
13%
75
5
5
201
4%
Jun
7
Jan
e
6%
575
5%
Jun
7%
Jan
__
__
6%
common
14
15
1,500
14
29
29%
1,190
24
Jun
10
21
Apr
25
25
Apr
33%
230
27
Feb
37
Apr
99
99
50
97%
Jun
100
28
28
55
27%
Apr
20
20%
170
23%
24
220
i>
29% Aug
a23
33%
__
33%
100
Feb
a23
__
29 "A
*
preferred
/
Jan
84
•
;
6%
Jan
83
__
preferred
i
Apr
6%
4
Corp
V
*
183/s May.: ?.
6%
*
.
Winnipeg Electric
145
83 %
25
Ltd
Wabasso Cotton
Walker Gooderham & Worts
Weston (George) common
Zellers
Aug
15% Mar
•
Brothers
United
__
130
4
preferred
Thrift
i'l
Apr
50
Southam Press Co
I.
10%
__
1
4%
i
Apr
-T
Series
i
Jan
AprV
99
preferred
;
May:;;
38%
52
'
Mar
102 Va
Apr
(
Jan
23
__
__
16%
May
Jan
Feb
;
28 %
Jan
^
19SA Mar
203/4
Jan
22 %
243/4 May
Banks—
Jan
22 % Mar
45% July
8%
1
Shawinlgan Water & Power
22% Mar
450
26%
__49
preferred
59% Aug
56
5%
2nd
St
101
High
al44
103
Jan
Jun
23
a21
26%
39
100
Jan
23%
July
25
preferred
Canadian Pacific
Railway
Cockshutt Plow
19
690
14%
25
___
Cos
340
21%
35%
4
—
Oil
35%
—
25
common
Canadian
Foreign
Investment
Canadian Ind Alcohol class A
Canadian Locomotive
Canadian
14%
21%
25
,
preferred
Jun
4
Series
Cottons
1,101
12
13
•
$1.00 Series
Canadian
r
49
__
___4
Feb
Jan
93% July
30
20
common
Feb
2,525
59%
a21
Jan
Jun
12%
13
*
Canadian Car Si Foundry common
Class A
23
44
pfd
St Lawrence Corp
1st preferred
Jan
96%
a99
50
Breweries
Jun
__
common
Saguenay Power 4%%
Jan
2% Aug
25
4%
a98%
4
5% preferred
Canadian
,
20
22%
6.55
Ltd
Tooke
Canada
Jan
20
Low
25%
__
•
Jan
a25
8%
__
4
A
23 Va
•
Oil
Sherwin
Bruck
Jun
58
__
Royalite
2nd
British Columbia Forest Products
British Columbia Power Corp cl
Jan
1,355
42% Aug
4
British American Oil common
Preferred
19
42%
4
class
4
25
Power
Telephone
11%
18%
a21a21%
__
Quebec Power
Bathurst
Bell
10% May
18
58%
102%
Jan
Mar
55
18%
25%
•
common
preferred
Range Since January 1
High
11%
ih
Page-Hersey Tubes
Aluminium Ltd
Shares
Low
100
preferred
for Week
of Prices
11%
__
4
com
Jan
-•
5
Sales
Range
Par
OwdlMi Fund*
Friday
Week's
Last
Sale Price
Canadlenne
10
Commerce
__io
Montreal
Nova
10
Scotia
10
Royal
_io
Toronto
10
23%
Feb
26
26%
363
25
Jun
26%
Jan
35%
35%
55
34
Mar
36 %
Apr
25%
25%
1,265
243A
Jun
26 Va
Apr
37%
37%
25
35%
Feb
37 Va
Aug
__
__
__
__
Jan
14%
15%
17%
Jan
•
12%
12
12%
500
11
May
14%
Jan
Consolidated Mining & Smelting
5
98%
98%
100
2,922
81
Jun
122"%
Consumers Glass
•
24
23
24
155
20
Feb
7
Aug
Davis
Leather
Co
Ltd
class
B
15%
11%
Jun
30
*
7
7
7
150
•
18%
18%
18%
3,955
14%
Jun
18%
30%
35%
36%
1,242
31 %
Jan
37%
Canadian Fnnds
Aug
•
Distillers Seagrams
Dominion Bridge
Montreal Curb Market
Jan
Jan
Apr
8% Mar
Friday
stocks—
•
Dominion Coal 6%
Dominion
preferred—
Foundries
Dominion
&
•
25
Dominion Steel & Coal
Stores
Dominion
Tar
17%
140
16
Jun
21
Feb
24
24
25
22%
Jun
27
Feb
Acme
Glove
40 %
40
40 %
470
35%
Feb
40%
Aug
Atlas
Steels
class B
16%
16%
16%
4,197
13%
Jun
17%
Jan
Auto
Fabrics
Ltd
&
*
Chem
red
27%
27%
27%
Aug
22
21
__
Textile
Donnacona Paper
common
4%%
Bathurst Pr & Paper Co Ltd class B__4
*
__
14%
19%
100
preferred
Power
97
loo
*
__
•
common
5%
100
4
40c
45c
300
5
al4
al4
15
13
Jun
15
Jan
Aug
95
Mar
British
4
78
a73
10
77
Jun
106
Feb
Jun
25%
May
4
Jan
Jun
103
Jan
5% preferred
5%% preferred
General
100
Steel
Howard
87
11%
&
•
common
Columbia
Jan
12%
12%
175
11%
Feb
14%
Pulp
14
14'/a
1,255
28
420
&
&
Company
-19%
19%
1,485
B
Utilities
97
97
a91% a91%
5
97
Apr
98%
5
85
Jan
92
25
16
July
Jan
Sugar
Co Ltd
Co Ltd
l'/o
preferred
Canadian
Dredge &
Fairbanks-Morse
Canadian
Food
141/2
14%
106
Feb
4%%
Jan
Canadian
Jan
Canadian Industries
30
2%
13
Jun
15%
Jun
102 %
Apr
July
46%
Jan
20
Dock
Products
110
Jun
43 %
red
cum
Gen
99%
Power
1,055
18%
Jun
23
Jan
i
15
423/4
Feb
50
Jan
:
7
100
95
25
90
Jan
5%
&
Paper
Westinghouse
Limited
985
38%
Jun
56%
Jan
16%
Feb
19%
Jan
Cassidy's
Cassidy's
__
13%
14%
475
13% Mar
14%
Jan
Claude
25 %
25%
540
24%
25%
22%
__
22 %
22%
620
a98
a98
10
19%
97
Feb
23 %
Jun
Jan
97
Jan
8%
1%
20
Aug
28 %
50
30
Mar
33
Apr
5%
150
5
Jun
9
Feb
68
July
Neon
70% July
a70
10
15%
15%
315
15% Mar
17 Va
Jan
J
20
525
19 % Mar
22
1.75
2.00
2,375
al.00
15
a9
Jan
'
Jun
2.00
Jan
j
1.25 Mar
2.00
Jan
1.15
Gen
a9%
24
9
Jun
11
Jan
a70 a723/8
50
62
Jun
84
Mar
i;|
3
3 Va
2,200
3
Aug
52%
536
47
May
11
11
100
10
July
12
Feb
110
a70
2
Co
3 Va
4
Consolidated
110
10
110
July
116
Mai
B
Bakeries
100
18
56%
53
56%
7,075
•
8%
8%
8%
472
7
Jun
12%
Jan
David
44
43
45
150
43
Aug
59%
Jan
Dominion
Oilcloth
16 Va
16
16 %
1,512
13% May
16 %
Aug
Dominion
Woollens
19
_4
__
19
19
150
24%
65
146
146
18%
18%
90
9
__100
9
1,600
6'A
6%
105
a92
5
17
19
1,445
12
12
12%
995
18%
18
44
Jun
58
5%
-
4
Apr H
Mills
19
Jun
23
22 %
Jun
29
Jan
Aug
160
Jan
146
7%
6
Feb
&
Jun
July
Eastern
East
Frere
Limitee
^
Jan
1<
5
Jun
7%
Jan
73A
Jun
24
11% Aug
30
Feb
24
75
15
16%
8,303
Jun
18%
Apr
8%
500
8
July
12%
18
50
18
Jan
19
Feb
K:
Jan
13
13%
July
i
:
i
8
Apr
8%
Feb
8
8
25
37
37%
375
Mar
>
11%
11%
80
11 %
Aug
13%
Jan
:'
15
15
275
13%
Jun
20'A
Jan
*
Ltd
5
5%
250
5
Aug
7%
Jan
28
May
37
36 % July
40
Ltd
50
1.40
90c
1.40
2,695
1.06
1.06
1.06
7
al.50
al.50
al.50
3,070
1.25
Jun
23
23%
680
203A
Feb
26
11%
10 Va
12
930
9%
Jun
16
;10
aB%
a8%
10
Paper Co Ltd———4
15
15
25
•
*
Jan
Halifax
15
Jan
Hinde
Mar
Aircraft
Co
Lakes
Paper
Insurance
&
Ltd
6%%
Dauch
cum
Co
red
Ltd
com
Co
Jlydro-Electric Securities Corp
3,305
17
Aug
23%
50
38
100
Great
22%
100%
Lowney Co
MacLaren
Ltd
&
3
—4
3
100
60c
99
Apr
July
j
«»■
Aug
8% May
15
Aug
2% July
1.40 Aug
105
2%
May
Jan
Jan
10'A
Jan
15
Aug 7:'..
3
Aug
14 %
14%
25
13 %
Jun
16%
Jan
4
34%
343/4
100
34
Jun
39%
Jan
Ltd—.
4
8 3/4
9
400
8
May
11
Jan
18%
18%
50
17 Va
24
24
25
24
July
7%
7%
90
6
Jan
a92 % a92%
10
96
Feb
M)
_.
__•
14%
Jan
Leaf
Milling
Co
52%
Apr
Jun
101 %
Aug
Teleg & Tel. 7% pfd
—10
Massey-Harris Co 6%% conv pfd_J20
Aug
Maxwell
520
34% Mar
39
100
40
42% July
Maritime
Ltd
McColl-Frontenac
_*
—
Oil
4%
pfd_j.
100
7%
Jan
;
4
:
Jan
Paper Co!
(Walter
Power
•
Aug
Jan
40
33
5
pfd_100
pfd—-.
Jan
15%
Jun
Products
Jan
is %
39
—
4
Ltd-—4
Jan
17
42
Jan
6
4
B
Worsteds
&
7%
20
42
60c
Jun
4
class
Linoleum
&
9%
37% Aug
38%
Jun
24
16%
com—4
<
2%
20c
8%
4
_•
Ltd
20
Kootenay Pr 7%
95
10% May
Steel
Grain
91% July
Feb
42
240
Fleet Manufacturing Ltd—.
Ford Motor Co of Canada class A
Feb
38%
11%
Fairchild
17
15
11
Fed
33
43
•
Feb
430
-
50
Jan
270
.
5
15
18%
50
5
19%
37y2
al01% al01%
400
20c
i
Jan
18
•
200
2 3A
__
'
52% Aug
Jan
371/2
50
_
'
Textile
preferred
Maple
40
pfd__100
Consolidated
16%
19
4
Consolidated Litho Mfg Col.
Consolidated Paper Corp Ltd
Jan
10% Aug
«
•
Jan
36
150
a92
_
22
Jun
385
9
Ltd—
Can
15% July
Donnacona Paper Co
iq7/8
*
Jan
common
29
•••,-
24%
_
146
8%
of
20C
2 %
5
2,130
Jun-
11
4
4
com
Ltd
preferred
34
4%
_1
___100
Adv
a4
.
j
({
\\
52%
--
•
common
Alcohols
15%
105
• ■
al.00
2.00
com__4
pfd
a4
25
Jan
Ltd
32%
—
*
42
Inv
Lumber' Co
15%
•
"f-
Ltd
32%
•
4%%
25
Apr
25%
100
common
Jan
20
32%
a70
15%
•
4
Western
7,786
________
Telegraph
(Henry) & Co
4
1
Canadian
18%
*
Ltd
Aug
19%
100
Ltd
Co
Vickers
49 %
5
Locomotive
95
53/4
4
com
preferred
cum
18%
4
I
Feb
20
*
common—
Canadian
46 %
I25
pfd__
Ltd
Jan
32%
4
Ltd
8%
6% May
10% May
13%
4
A)
Ltd
Co
preferred
Canadian
46%
25
common
Co
Investments
Marconi
*
•
footnotes
20%
44%
H
12% Mar
Jun
~T
Jun
1.75
150
Corp
(John
Breweries
20'4
44 %
100
108 Va July
100%
325
43%
100
—
preferred
For
10
2%
43%
__
Morgan
125
alio
Jan
Apr
common
(Robt)
National
103 103%
al09
17%
31
Ltd
Breweries
Montreal
16%
Jun
__
Montreal
9
—
May
Mar
(John)
Corp Ltd 5%
Massey-Harrls
McColl-Frontenac Oil
Molson
71
250
95
Jan
8
_*
Mailman
Mitchell
2
565
10%
7
28 %
27
MacMillan Export class A—
Class
10,000
79
10
7
17% Aug
100
___—
Bros
3
75
20%
Commercial
_____
Woods
2%
44%
Canada Malting
Canada Starch
730
__—
i
79
4
Jan
Aug
30
Smelling
Jan
Jan
2%
5
15%
28
100
43%
6%
1.Id
Jun
Aug
1
♦
Dominion
&
Jun
Jan
g.y8
International Paper common
International Petroleum Co Ltd
International Power
the
a
1
13%
30
Canada common_5
—
T7P preferred
Lang-& Sons Ltd
—
3%
40c
100
common
Preferred
4
of
__—_.—
of
Paper
5%
Butterfly Hosiery Co Ltd
24
100
Bronze
International
A
Jan
gy8
50
6%
preferred
International Nickel of Canada
1%
17
100
Ltd
preferred
Lewis
Jun
gi/8
—
Mining
International
Lake
class
Canadian
Oil
Ltd
__
_4
common
Acceptance Corp
Labatt
13%
_•
Paper
preferred
5%
2.00 Aug
210
—100
Imperial Tobacco
4%
1.00 Mar
5
Ltd
Jan
15
2%
4
Bridge
Smith
Hudson Bay
Indust
15
Millen
Canadian
Wares
$2.00 preferred
Imperial
alio
Ltd
preferred
Hamilton
103%
100
—
Bakeries
General
5%
a2%ca2%c
16%
_
I
Feb
Brand
Canadian
___
i
Jan
5 3/8
Brewers & Distillers of Vancouver
'
common
Mar
Aug
Jan
27
4
4
Jan
Canada
1
Fr??/el 00
4%%
Co
100
12%
12
5
•
Gatineau
4
High
15
Jun
21%
210
Famous Players Canada
Corp
Foundation Co of Canada—.
Gair
4
—
10%
27%
15
Corp
preferred
435
Feb
Brown
Electrolux
*
B
10%
o
Aug
Apr
87
15
class
10%
7
19%
87
__
Co
350
10%
14%
*
Low
7%
21% Mar
50
15
20
Products
Range Since January 1
High
7
10%
!
Ltd
Low
.7
300
87
East Kootenay Power—,—
Eddy Paper Co class A preferred
4
Shares
2,056
100
pfd
Ltd
for Week
22
n%
Dryden Paper
Range
of Prices
ny2
pid—23%
£_•
*
Dominion
Works
Sales
Week's
Last
Sale Price
>
Par
17%
__
___•
common—
Glass
Dominion
28
;
Steel
'ttf1
'
18% Aug
27%
8
97%
Jan
May
Feb
Volume
170
Number 4829
THE
COMMERCIAL &
CANADIAN
RANGE
Friday
STOCKS'
Week's
Last
Range
*
Minnesota
&
Ontario
Paper Co—
5
Moore Corporation Ltd L—
Royal Rice
Newfoundland
*Nova
Scotia
Lt
Lt
Mills
&
14%
1,985
71
71'A
200
8%
40
Pr
&
♦
8%
_io
common
Orange
Crush
6 %
Reitmans
Russell
Ltd
-
part
2nd
(Can)
preferred.
Ltd
Industries
5Vo
Soutnern
red
*
,
Canada
United
of
6%
Co
Ltd.
pid
43c
♦
A
Distillers of Canada
Westeel
Products
Ltd
i
Wilson Ltd (J C)
/■=
,
Ltd
Cheskirk
13%
Gold
50
9% Aug
10 %
Jan
110a 110'A
10
43c
108
Jun
113
Jan
46c
Mar
30c
4,000
25c
July
65c
13
27c
13%
1,029
25
27%
20
35
19
23
25
13
27c
7c
10
9
Jan
29
21
Gold
Mines
Mines
21
Apr
25
35'A
Feb
40
May
Jun
12%
Jan
16
9'Ac May
Mar
25c
Gold
Rowan
Gold
(1945)
Mines
Mines
Macdonald
Madsen
Red
Malartic
Jan
6c
2.78
500
67c
10,000
43c
Jun
67c
Aug
Atlas
9c
31,500
5'Ac Jun
16c
Jan
Atlas
11,000
4%c
16c
15,000
2,200
20%
335
1,500
4'Ac
Jun
2.35
10c
Jun
Mclntyre-Porcupine
(1937)
2.78 Aug
Atlantic
Cons
New Jason
Normetal
O'Brien
Oil
7Vic Apr
Lake
Mines
Pioneer
Gold
Aumaque
15'A
Jan
39c
Jan
Gold
Gold
20'A Aug
62c
May
Aunor
Auto
Juty
Aug
Bank
of
Nova
78c
Jan
Bank
of
Jan
Bankfield
2.68
Apr
Bank
3.45
20c 22'Ac
21,200
19c
Aug
4c
July
6c
3,000
6.85
7.10
800
49c
3,000
33c
7c
7c
500
5c
1,500
3c
5.60
Base
Mar
Beatty
May
49c
Bell
Jun
lie
Jun
9'Ac
Aug
6c
52c
2,000
38c
May
52c
8c
Aug
6c
3,000
8c
Aug
12c
Jan
10%
35c
500
15c
5,000
330
Preston
Mines
of
8.75 May
Feb
East
Dome
Labrador
Mines
.
Scotia
10
Blue
Tiblemont
Westville
Mines
»
*
_
1
&
Calmont
Oils
Gold
20c
Jun
13%
13
13'A
575
42%
42%
5,020
6.50
6.50
30c
12,700
<1
6c
6%c
8,300
12
12
12
12
25
1.06 May
65c
1
Feb
5.00
Jan
18c
7.50
Apr
33C
3%c May
•
Jun
Feb
16c
May
9%
Jan
14% May
42% Aug
July
38%
200
27c
—
1
common...
Jan
12% July
May
22c.
May
19c
July
1
35c
24,197
26c
Feb
45c
Apr
10'A
Aug
Aug
Jun
Feb
1.50
600
1.23
Bobjo
Mines
^
3'Ac Mar
42c
-
6,854
1.35
Feb
3l'Ac May
6'Ac Jan
11%
Jan
Aug
Bralorne Mines
18
Aug
Brand
1.50
55c
Jan
British
Apr
Aug
class
700
94c
1,000
3c
Jun
6'Ac
May
45c
Jan
2.45
100
2.00 May
2.45
American
Oil
4,500
2.99
3.10
700
2*75
Jan
2.70
2.75
5,600
2.12
Jan
63%
2,450
45c
100
20
2,470
•
common
Preferred
20
I
Elec 4%%
British
Columbia
Forest
British
Columbia
Packers
Columbia
Power
pfd—_100
24'A
19'A
24'/8
•■•••' •
'
8.25 Mar
45c
Aug
17%
1.25
Jan
Jun
20'A
Apr
24'A
560
24%
25
90
24
Jun
25%
Jan
99%
99
99%
65
97
May
101%
Jan
2%
Aug
3
Jan
Jun
13
.—25
British Columbia
Aug
43c
10'A
45c
Apr
22
Me*r
24'A
Jan
Jan
8c
10%
*>
A
Brazilian Traction Light & Pwr com—•
Jan
10c
15%
*
:
Millen
&
i/l&y
25c
10'Ac Mar
■
55c
.
1
200
May
19c
May
51
Jan
1.45 Mar
70c
Aug
11%
11%
1,300
Jun
12'A
class
2'A
2,650
11
11
30
•
A
B•
2%
*
A
26'A
26'A
335
25
Mar
26'A
Jan
2'A
2'A
200
2
Jun
3'/b
Jan
2,500
72c
Apr
84c
Jan
2,500
51c
Jun
75c
Feb
British
Dominion
Broulan
Bruck
Oil
•
Class
8.50
A__.
38c
59c
60c
2.55
2,900
1.72
Jun
3.70
3,700
1.45
Jun
1.95
Jan
*
-
July
1.03
Jan
Buffalo Ankerite
500
2.25
75c
500
1.85
3.15
Buffalo
Red
Building
2.25
3.50 Aug
9c
Jan
Burns
1.47 July
1.70 Aug
Burrard
Jan
1.70
1.70
100
22c
3,000
17c
Jun
67c
Jan
3c
4c
10,000
2c
July
8c
Jan
4c
4c
10,000
3c
May
7c
16%
1,275
11'A
Jun
163A
Jan
2.28
2.65
40,280
24c
24c
1,000
20c
May
42c
53c
4,000
25c
Mar
53c
11,043
41c
Jun
53o
47c
50c
1.68
1.71
650
*
5'/ac
35c
Jun
July
1.25 May
1.35
&
14c
48c
Jan
Jan
2.65 Aug
Jan
4'A
4'A
4'A
10
19'Ac
23c
58,500
5.50
Flon
Calmont Oils
—-—1
_—
Bread
1
4'Arh
Jan
1.81
July
1.90
Jan
1.78
5,500
1,30 May
12c
2,500
2c
May
1.01
1.07
preferred
74c
Jun
21,500
10c
Aug
1.34 May
73c
Jan
•
19,600
42c
May
1.28
*
Northern
2c
2c
500
2c
Jun
4'Ac
Jan
4%c
6c
39,000
3c
Feb
10c
Jan
23c
3.55
3,200
25c
4,000
5.45
1,800
2.90
20c
3.85
12,200
7'Ac
7%c
2,000
31
10,915
13
125
12% July
14'A
Jan
24
100
24
Aug
29'A
Jan
Feb
Preferred
Jun
5.30
36'Ac
Feb
1st
Jun
6.60
Jan
Conv
Jan
Wire
1
31c
31c
31c
1,000
31c
Aug
43c
•
6c
6c
7c
Dalhousie
3,500
5c
Jun
12c
*
Jan
36'Ac
36'Ac 37'Ac
1
1.35
Jan
Feb
5c
May
9'Ac
Jan
May
33
Jan
27
14
14'A
254
12'A
Jun
17%
8
290
6%
Jun
8%
Jan
4.30
5.50
13,675
3.75
Jun
6.60
Jan
8'Ac
6,000
30'Ac 3'2'Ac
10,000
4'Ac
30c
9%c Aug
Jun
Jun
54c
Aug
14c
Jan
9c
500
3.30
8,750
85
85
15
84
July
87'A
Feb
25 A
25%
25'A
"295
22
Jun
26'A
Jan
28
28
25
27
Jun
30
Feb
44%
44%
15
43
Mar
50
Jan
Jun
10
Mar
Jun
44%
9c
May
3.75 Mar
2,70 Jan
Canners
preferred
preferred
29
33'A
Jan
230
14% July %
16'A
Apr
12'A
14
"1,355
12
Jun
14%
—
175
8%
35'A
35%
310
33'A
Jun
31
29
31
125
24%
Jan
45
5'A
23%
23%
24
1,050
22'A
Feb
21%
Cable class B.
Bakeries
160;
15'A
—5
—:
&
32%
14
common
9%
32
15'A
20%
21'A
3,365
19
Jun
6
...
10
—
6
17'A
20
17
17%
465
23%
23
23%
250
17
common
...———-
17
17'A
685
.
,
31.
13'A
Aug """7
Jun
Aug
8
Apr
Jun.
24% May
21'A Aug
18
13% Jun
7 23
Jan
37% Mar
"V
Jan
25
Mar
18
July
May
Cons Homestead Oil Co Ltd
Canadian
3.05
20c
Jun
9%
Canadian Bank of Commerce
July
Jun
8c
32%
Jan
Canadian
1.60
15'A
Canada SS Lines
Canada
42'Ac
3.30
5,620
14c
9c
Power
Canada Packers class A
Class B
42 Vic
4.45,
2.30
3.00
20
Malting
Canadian
Jan
Jan
3.20
100
common
14'Ac July
5,500
Canada
24c
Jun
2.20
Aug
Apr
10c
45c
30'Ac
*
——
Campbell Red Lake
Canada
5%
Aug
8c
__
Calgary & Edmonton.—.
Canada Cement
Jan
7%
—
A
Flin
Aug
24
A.
Class B
Callinan
4'A
10c
Feb
38c
13
class
class
37c
17
14% July
31
7'Ac
.
Preferred
1.65
10c 11 %c
Jan
12'Ac
Lake.
Steel
Co
Calnorth
2,000
5.45
Jun
Feb
16
4c
24,500
•
May
30c
75
Products
Burlington
Jun
300
10,300
6c
*
18c
9,250
Canadian
Jun
3.50
5 Ac
38c
Ltd.
59,600
38c
15%
2.25
__
Buffalo
Jun
3.45
38c
—
26c
36c
Jan
1.84
19 %c
15%
J*
Buffadison Gold
1.75
S3'Ac 93 Ac
2'A
10
19'Ac
class
B
23'Ac
1
Porcupine
Mills
Jan
83c
5 Ac
1.71
•
*
class
Jan
3.10
2.75 Aug
64
Aug
5'Ac
Ltd
Class
Products
Canadian Breweries
Ltd
20,000
8c
10,100
4c
*
37c
11c
4c
—
Ltd
34c
Jan
7,500
18C
3c
Corp
34c
Apr
37% Mar
Aug
35'A
12,500
50c
Corp
80c
17c
4c
~
Dev
36%
65
4,500
19c
5c
&
34% July
37
92c
15C
14c
10c
Oil
Jan
16c 173Ac
1.07
Edmonton
Jan
80c
28c
Gold
Corp
Jan
11c
26%
37
*
Kirkland
27c
Jun
18c
Oil Stocks-
Domon
105
Jun
Jun
25
15c
2.35
Anglo-Canadian Oil Co Ltd-
35'A
14c
4'Ac
16c
lc
'
Ltd
860
18c
10c
Asbestos Corp
Malartic Mines
4,900
1
22c
Torbrit Mines Ltd
Trebor Mines Ltd
10,100
26%
1
14'A
750
—
Goldfields
20c
6'Ac
26
Feb
1
38c
(1944)
18'Ac
Feb
10
53A July
Bonetal Gold
26c
1,000
Develop Co Ltd
Mines
50
4.00 Aug
Jun
92c
_
Mining
Ribbon
38c
3.00
42%
_
Bros
Bldgood
11'Ac
35'A
26%
Jan
Jun
May
5,000
Bordulac
5 Ac
Rock Iron Mines
Sullivan Cons Mines Ltd
-10
Feb
6c
9,200
12,000
4.00
6
-
Jan
15c
lOr.
18c
3.60
Jan
12%
3,300
9c
5'Ac
1
—
.—
Telephone
Bevcourt
7'Ac
94c
Jun
Jun
8c
Jan
370
2,497
Sladen-Malartic Mines Ltd
Stadacona
May
10
Apr
11,300
46c
3.45
Steep
50c
1,466
Aug
is
15%
Ltd
Sherritt-Gordon Mines Ltd
Siscoe Gold Mines Ltd.!
5,200
35c
55c
2.25
50c
70c
10'A
12'Ac 13'Ac
Boymar
8 Ac
Ltd
Ltd
68c
10'A
68c
10%
23c
2.42
Ltd
Senator-Rouyn
Apr
12»A
O
Santiago
18c
Feb
57
8 %C
59c
Quebec Manganese Mines Ltd
Quebec Yellowknife Gold Mines LtdQuemont Mining Corp Ltd
May
Jun
ale
15%
1.75
Mines
9c
9'Ac
17%
--
C
26,900
31c
81c
B
15c
Belleterre Quebec
May
5c
52c
14% c
Jan
Jan
12'Ac
Ltd
Metals
7.10 Aug
May
9'Ac
13c
Jan
10c
Jan
Mar
30c
24'Ac July
Jan
Jan
6'A
74
Jun
14%c
18'Ac
Consolidated
Co
23c
Jun
60
Jun
6
Montreal
Barymln
Aug
Jan
Bagamac Mines
of
15c
May
5'A
Jan
Jun
Jan
A.
Toronto
Feb
163Ac
Aug
3c
1
class
43c
25c
Jun
21c 22'Ac
16'Ac
Jun
Jun
6c
1.85 May
1.65 Jun
20
Aug
7c
7%c
8c
3.75
May
10,800
16c
64
46c
Feb
2'Ac July
8c
Gold
Fabric
64/
22'Ac
3,500
8c
42c
Ltd
Mining Co
Jan
16,000
Gold
35c
Ltd.
Mines
10%
13,600
•
4,500
~
Crow
Jan
8.65 Mar
12c
Aubelle Mines
18c
May
63%
Ltd
5.30
4'Ac
•
10c
2.99
_
Corp
Mines
300
Jun
2.85
4c
.1
12,000
Ltd
Mirtes Ltd
Mining
9.70
10,000:
11c
Yellowknife
69c
Dredging Ltd
Gold
Jan
17,000
1
,
Steels
3 Vic Mar
2.75
Mines
68c
3.60
4c
Jan
43c
4c
Mining Corp of Canada Ltd—
Calgary
Mines
'65c
—
Mines.
Jun
30c
3.20
1
1
2.55
8 %C
Ltd
21c
Arjon Gold
Athona
15 %
Gold
64
Ashley Gold St Oil
40c
Fields
5%
Armistice
Jan
*
100
1
3c
13c
6,000
17,000
2.31
Ltd
Lake
Gold
Jan
16c
27c
■
10c
1
....
...
100
Ltd
Mines
20c
425
l'Ac July
3'Ac July
2c
6Vic
46c
Ltd-i
Jun
2,600
.....
Jan
2.45
Goldfields
9c
15c
1
British
Macassa
British
•
common.
39c
50c
Ltd__T
Louvicourt
Jan
17,600
12c
Mines
Corp
Preferred
Jun
1.23
Aug
38c
5%,;. 5%
Area
5c
10
Minov Ltd
Gold Mines
25c
Aug
5c
7,000
35c
Ltd
May
25c
6,500
7'Ac
ale
Mines
26'A July
12c
1,000
9.55
3.50
4ug
44c
Ltd
25% May
17,050
25c
12c 13 %c
500
Co Ltd_
1,135
25c
13 %c 14%c
13'Ac
Porcupine
4c
52c
Mining
26%
May
July
1.45
26
3c
4,000
1.45
Jan
18c
4,600
lc
5c
Co
Jan
61'A
25c
47,300
7c
Gold
Lingside
26
21c
24,700
65c
Mining
56
Jun
46c
18c
17%
40%
5'Ac
2.35
Joliet-Quebec Mines Ltd—
Kerr-Addison Gold Mines Ltd
710
4%c
2.43
Ltd
52
Jan
4c
Aquarius
Feb
5c
Mines
51
27%c
May
41c
2.43
14 %c
35
4y2c
3,000
58'Ac 59'Ac
a.
225
4c
2.48
Ltd.
1,000
45c
Argus
4%c
Ltd.
17c
41'A
Apr
Jun
17c
40'/a
27c
7c
Mines
Jan
85c
5'Ac
8c
6.90
Jan
;<
Jun
51
1
Oil
4c
15c
Gold—..
Jan
Jan
9'A
Jun
1
65c
20c
16c
7%
40'A
*
Lead
Canadian
8c
18c
55c
1
2.78
.
2,100
103
•
5'Ac
4'Ac
280
75c
Jun
99
Jan
"'.25
Apex Consol Resources.
Jan
July
Ltd
Consol Gold
Shore
65c
5q
8c
9'A
74c
25
Feb
4c
—
Lake
9c
2,000
....
Hollinger Cons Gold Mines Ltd
Howey Gold Mines Ltd
Hudson-Rand Gold Mines Ltd
1
Lake
43Ac May
20'Ac Jun
11,000
Heva Gold Mines Ltd
Vinray
Anacon
Anglo
Jan
37c
Ltd.
Ltd
Lingman
65c
4'Ac
IVic
Ltd..
Mines
Lake
4,000
173Ac Jun
33c
—
Kirkland
5,200
1,000
5 Vic
Ltd.
8%
5
,yY-r-,
Jun
Jan
12'A May
4'Ac
Ltd
Ltd
Yellowknife
Gold
pfd
Mines
—-
Yellowknife
42C
Mines
Canada
6Vic
Pen-Rey Mines Ltd
Formaque Gold Mines Ltd—
Mines
of
Larder
Nepheline
American
May
11
American
7c
Mines Ltd.
Gold
7c
20'/4
Mines
Lake
Co.
•
3c
Ltd
Mines
100
"19%
Feb
33c
El
Goldbeam
Ltd
Aluminum
Jan
July
Aluminium
13 % Aug
Aug
4 Vic
,
200
20%
Jun
Ansley Gold
30c
'
22'A
High
17
9%,May
16
May
27%
13
Ltd
Gold
«
1,440
100
—1
Steel
2,145
22
1
Cons
Low
14%
18'A
'
—
Pacific
Algoma
Apr
41c
225
Ltd
Cadillac
Mines
Mines
United
Alberta
Range Since January I
High
18
22'A
100
Yellowknife
Shares
12%
'
—
1,509
24o
Ltd
Mines
Sullivan
Quebec
9%
11
East Malartic Mines Ltd.
Pitt
Akaitcho
40
•
Willans
Duvay Gold
Pickle
Agnew-Surpass
Jan
11
—
Osisko
Jan
18%
23
-
Donalda Mines Ltd
Nechi
18
Jun
39
.
Leitch
Apr
15
11
Explorations Ltd
Cournor Mining Co Ltd.
Lake
16%
970
40
Cortez
J-M
460
20
«...
Dome Mines Ltd
Goldora
17%
12%
Ltd-
Mines
Mines
Central
Hasaga
Feb
18'A
Anglo-Huronian
Anglo Rouyn Mines
Consolidated Beattie
Gcd's
54,
14%
2o
•
for Week
of Priees
Low
•
common
Acadia-Atlantic class A
Preferred
16%
27%
__
Giant
Jun
*
s
Mines
Gold
Cochenour
Elder
Mar
Apr
51
43c
Cartier-Malartic Gold Mines Ltd—
Centremaque Gold Mines Ltd—
Eidona
111
104
10
Paper
$1.50 preferred
Mar
32
°
Bouzan Gold Mines Ltd
Brazil Gold & Diamond M
Corp
Candego Gold Mines
;
East
7
111
30c
—
Mining Corp Ltd
Lake
Dulama
Jun
a51
a
*
Ltd
Gold
Metals
Consol
4
Stocks—
Band-Ore
Bob's
50
'
to —1
Anacon Lead Mines
Base
5%
&
Sales
Range
Par
Jan
Amalgamated
class
United
Mining
20%
Week's
Last
Sale Price
9%
allG'A
Ltd
■■■;
Hotel
Apr
Friday
STOCKS—
17%
16%
•
B
Windsor
16'A
Jan
16 % Aug
16%
--
100
•
Canada
Corporations
Class
50
111
7
Pr
Invest
Gas
18%
Jan
9%
May
Exchange
Canadian Fanda
Jan
73 V*
Mar
15 'A
5%
Oil
Co
.
Ltd
Gaspe Oil Ventures Ltd
General
Home
New
Co
Pacalta
Okalta
Pan
Petroleums
Oil
Oils
class
A
Oils
Ltd
*
Co
Ltd
*
Oils Ltd
Brazeau Petroleums
For
footnotes
see
33c
Jun
1.39
3,950
89yac
Feb
80c
80c
500
76c
Jun
88c
10'Ac
10c 10'Ac
Apr
2,843
Jun
13%
Jan
11 %c
11c 11 %c
8c
Jun
14c
1.20
Feb
Class A
Canadian
Canadian
3,000
8.50
Canadian
Ltd
Dredge
Food
'
Class "A
12
850
14'A
Jan
14%
14'A
680
13
Jun
17 7
Jan
21
21%
595
19
Jun
22'A
Jan
21
100
18'A
Jun
28'A
6
6
50
4%
Jun
8%
Jan
10
9%
10
500
8%
Jun
13'A
Jan
Canadian
Ice
1.51
400
17c
Apr
Canadian
Indus
18c
1,500
9V4C May
25c
Apr
Class
3,500
10'Ac Jun
22c
Jan
Canadian
14%c
15c
2.60
5
Aug
——
Products
common
A———7_—...————..
1.45
*
11'A
21
Celanese common
*
page
12
20
14%
21'A
common
—
9%
Jun
Jau
37'Ac Aug
2.00 May
90c
_—
Western
South
Canadian Car
4,000
1.15
*
Ltd
39
■
Toronto Stock
22 V*
8'A Mar
3o
a51
pid—20
Trans-Television
Union
65
72
111
~
13
High
Jun
It)
5%
50
Ltd
Sangamo Co Ltd
Southmont
let pfd—100
(627)
MARKETS
AUGUST
Abitlbl Power
of Canada 6%
C
N
12%
18%
—
Power Corp
LOW
16'A
*
ENDED
Range Since January 1
High
•
Ltd
Co
rr
Shares
Low
—
Mount
WEEK
for Week
13%
14'A
LISTED
FOR
CHRONICLE
Sales
of Prices
Sale Price
Par
FINANCIAL
Machine
5
Jan
5
100
9%
625
8%
Jun
11%
Jan
9
Alco
8%
9
175
8%
Aug
11%
Jan
25%
24%
25%
502
Jun
36'A
Jan
common——
"A"
9%
voting
B
Locomotive
42.
1
9 ;
24
5%
Feb
ix
FOR WEEK ENDED
RANGE
Friday
Canadian
5%
Oil
C03 8%
100
pfd
preferred
_
Canadian
Corp
100
60
14%
15%
7,350
11%
Jun
17%
26
15%
5
26
100
22
Jan
28 % May
99
Aug
Central
-
-
Gold
Central
Patricia
Central
Porcupine
Centreinaque
Chemical
1
Gold
50c
Research
3.000
56c
11,050
65c
85c
Citralam Malartic
Dunlop
Ccckshutt
May
Colomac
Yellowkniie
Commoil
May
98c
Mar
6c
19,300
4c
May
10c
Coniagas
—
Mines
Coniaururn
Consolidated
5,347
9,500
Feb
I8%c
Jan
Jun
5%c
Jan
Jun
3c
10,000
2Vic
2.79
8,275
2.00
10c
2.81 Aug
Jan
Aug
3
Mar
6
14%
May
11
Consolidated
Consolidated
Cons
class
Consumers Gas
Con west
Cosmos
Crestaurum
Croinor
Aug
64c
Jun
1.24
5
Jun
6%
Jan
1.32
1.25
1.10
900
1.32 Aug
1.60
Jun
8,500
12%c 14 %c
19,220
11%
32g
1.33
1.00
1,09
13c
10%
62c
70c
8 Vic
7%
Feb
38c
9%c May
11% Aug
Jun
40c
Jun
70c
6c
1,000
57c
Jun
8%c Aug
Rock
Harding
Harker
195
150 152%
Dominion
814
Jan
Jun
1.45
Jan
76c
7,762
19
100
18% May
13% Aug
14
100
15c
1,583
5%
5%
200
22c
22c
500
Carpets
55c
53c
5,200
Hasaga
Heath
Gold
6%c
.
Gold
51
Heva
Gold Mines
11c
21
Hinde
&
6
Homer
'
Dauch
1.67
1.67
S
Consol
Yellowknife
__
6%c
7c
Hosco
Gold
18%
&
19%
26%
26%
Hudson
Hugh
*
Bay Mining & Smelting
Malartic
Huron
1
_
Erie
&
100
common
in
♦
Imperial Tobacco of Canada ordinary-,1?
Apr
4%
Indian
_
Lake
Jun
Jan
Inglis
6
Feb
25
..
1
Inspiration Mining
30c
65c
May
(John)
&
9%
Dominion
16 %
16%
27%
27
Bronze
International
Coal
Powders
.
International
Jun
43c
Jan
International
Nickel
1
Petroleum
10c
International
Jacknife
Gold
Jan
1.76 Aug
Jun
15c
Jan
20c
Jun
32 %c Aug
14%
Jun
18% Aug
Jack
Waite
Jacola
East
Crest
Jellicoe
Mines
Joburke
20 %
< 1939»
26% Aug
27%
Kelore
Jan
Jan
Aug
25
17%
Jan
21%
Feb
27% Aug
19%
Apr
22
Jun
12
May
755
21
50
11%
455
10%
11%
525
11 % May
60,000
5c
8%c
Kirkland
Golden
Gate
Eldona
Kirkland-Hudson
_
13%
Jan
Kirkland
Townsite
■
,1
Labatt
(John)
Gold
65 %c
25c
Feb
Lake
Dufault
Jan
Lake
Fortune
Gold
Fanny Farmer Candy Shops-
12c
10 %c
Jan
Lake
Jun
38c
Jan
Lake
Shore
5%
50
15
15%
85
41c
45c
30,650
13,650
1.83 May
2.70
27,250
,
1.62
Rowan
Motor
,
19%
63c
'69c
19%
7 Vic
3.45
Feb
La
7%
Jan
Lamaque
5
Francoeur
Frobisher
July
Luz
89,425
13% July
•
17
Jan
Lapaska
45c
Aug
Larder
77c
5%
41c
Jun
110,528
25c
July
9c
5,000
4c
Jun
12c
Jan
3,713
27c
May
60c
3.80
1,800
14%
480
3.10
13%
Jun
4.50
Jan
Jun
16
Jan
33
830
30% Aug
37
5%
6
600
108% 108%
5
5
May
98% July
116
5%c
5c
6 Vic
2,617
4c
May
55c
55c
500
55c
Aug
7%
Steel
Leitch
Giunt
7c
90cf
Globe
Goldale
Apr
26
9%c
2,700
7c
May
2.35
103
Golden
Goldora
/
3,040
200
103
103
15
2%
300
20
14%
14%
6.90
<•'
1.75
Jun
11c
Feb
2.90
Jan
16
July
100%
Jun
1.55
Jun
17%
Feb
45C
2%
12c
Jan
Jan
Feb
20
Aug
Feb
19%
Jan
13% Mar
14 '/a
7
—
4%C
4,501
Jan
7%
Apr
7
7
10
6%
Jan
25%
25%
550
24%
Jan
4,000
4c
5c
22 %
22%
50
7%
260
7% July
37c 39 Vac
7,300
7%c
3c
May
20'/a Mar
7%
25% Aug
38c
4%
50
21c
22c
2,000
22%
4 %
_
—
30c
23
Jan
Feb
54c
Jun
Jan
7%
4% Aug
21c
Jan
Jan
22%
245
21% July
25%
10
99% Mar
110%
2,915
7%c
6,009
Feb
33c
Aug
100'/a 100 %
6VsC
July
9
Feb
Jun
36
Jan
7
Jun
13
Jan
22c
Jun
52c
Jan
3%c May
8c
July
Jan
29
15c
17c
5,500
6c
July
19c
2%c
2 VaC
2,133
2c
May
3%c May
4%c
—
500
60,914
5c
7c
4 Vic Mar
26c
July
27c
Jun
Jun
55c
15%cMar
Aug
.1
4 VaC
14c
Jun
Jan
8%c
11,000
9%c
9%c LO'/aC
8,000
7c
July
17%
17'/a
18
7.050
14%
Jan
4%c
4%c
2,500
3c
Jun
10c
Jan
68c
69c
1,000
41c
Jan
95c
Apr
23c
18
Jan
Aug
—
1.43
1.50
9,000
14%c
13c
14 %c
3,100
19
17
20
525
3.95
4.15
2,975
5c
4%c
5 Vac
9,500
25,700
1.19
1.67
Jun
Jan
11c
May
17c
Jan
19
July
23%
Jan
6.50
Jan
?.85 May
2%c
5%c Aug
Jun
85c
85c
92c
3 VaC
1,500
46c
1,350
30c
1.45
3 Vac Aug
45c
65c
May
Jan
5%c May
64c
Jun
Jan
Feb
10c
Jan
12c
5,035
10%
Jan
15% Aug
53c
9,700
34c
Jan
53c
2.50
2.45
2.52
11,452
6.75
6.75
1,174
4%c
5c
2,300
3,000
6c
Aug
2.00
2.52
Jun
Aug
6.80 Aug
5.80 Mar
5%c
Jan
7 Vac
7%c
1,000
5%c Mar
12c
Jan
2%c
3c
2,000
2%c July
4%c
Jan
15
7%c
—
15
80
3c
July
.
3
13
Jun
15% Mar
*
86c
•
class
•
A
_
63c
1.15
63c
63c
500
53c
Jun
1.15
1.22
9,950
95c
May
65c
1,391
55c
May
63c
Jan
1.25 Aug
—,
_
■
1.08
Jan
28%
27%
28%
85
27
Jun
31%
Jan
28
28
28%
60
27%
Jun
29
Jan
Goldfields
1
_
13c
16c
19c
14 %c
1
_
•
22,500
8c
10 % c
Jun
45c
Jan
Jan
19c
Aug
Jun
16c
19c
1,000
14 %c 15 %c
13,500'
2.36
2.42
7,690
39c
39c
41c
May
74c
Jan
6 Vac
7c
9,900
1,500
21c
6%c
5c
Jun
13 %C
Jan
17 %c 17 VaC
3,500
15c
Jun
34c
Jan
1.17
8,700
77c
Jun
14%c
8c
Jan
r.
1
Mines
I
Lake
1
2.42
Export
Gold
class
Mines
___l
1.10
•
A
1.90
2.58
Jun
Apr
_
_
1.07
1.20
10
Jan
Jan
9
*
Class B
20
Aug
Magnet
15%
Jan
Manitoba
Jun
—1
MucLeod-Cockshutt
13
10,000
8c
Aug
50c
5,700
40c
May
50c
56.600
29c
Jun
56c
Jan
Jun
19 %c
—
9
50
8
Jun
6%
6%
310
6
Jun
7%
Lake Gold
Mines
1
1
Consol
Gold
&
2.98
Jan
2.92
3.10
13,300
Jan
3.10
Apr
30c
Jan
23c
6,500
1
2.72
2.67
2.76
29,250
«
Fields
Eastern
2%c
2%c
2 Vac
2,000
15c
11,600
3c
3c
1,000
18%
17%
18%
380
24
24 %
25
7
7
375
23c
2.40
16c
Jun
Jan
2.76 Aug
2%c July
4%c May
2.02
Feb
41c
(
11,034
y
4.75
Jan
7.05 Aug
lie
Apr
Marcus
Gold
;
—
Martin-McNeely
17c
2,000
14c
12c
5,100
9c
Jun
4%c
10,500
3c
July
6 Vic
4,100
5c
Jun
1.80
5c
6c
5c
5%c
1.90
6,800
■
;
1.55
74 Vic Jan
Jun
Preferred
16c
Apr
5%c Feb
9c
Jan
corrynon
_
9,693
4%c
Jun
12%c Feb
3,500
3c
Jun
9%c Feb
12c
20
__
class
McColl-Frontenac
Jan
15c
Apr
Jun
6c
Feb
Jun
22%
Jan
July
27%
Feb
23
7% May
«
7
12
B
12
12 %
533
10 %
15 Va
Jan
93
92%
93
10
90%
Jun
93
Jan
63 %
64%
440
50%
Jan
64% Aug
49c
common
Preferred
64
McKenzie
Red
McLellan
Red
%.
6%
Aug
Jun
Lake
Lake
_
16,600
30c
5c
5c
5c
-500
4c
July
1
13c
.13c
13c
500
8c
May
49c
_
53c
Jun
53c
—1
Gold
McMarmac
8c
3c
15%
-100
Grain
Jan
3.15
1
___1
•
Massey-Harrls
McCabe
-T '•
11 %c
5c
16V2
13,700
•
Madsen Red
7.05
1.82
42.
14,223
14%
6c
117
15%
Mines
16% Mar
6 Vic
page
18%
9
Geld
190
4%c
___
see
Jan
Jun
Jun
Jun
15
Yellowknife
121
;r;
--V's
footnotes,
57
55c
___1
_
Apr
9 Vic
15 %c
Porcupine
38%
106% Mar
6.80
48c
Mines
1,375
47c
__
B
Malartic
Manitou
For
16%
:: 20
Arrow
Goldhawk
48%
Jan
8c
Mines
46
4%c
___
River
8
Jun
A_
Gold
Eagle
Golden
Apr
Jan
14
„_1
__
Groceterias
Class
Macho
Feb
Mines
Goldcrest
1,000
39c
8 VaC
Long Lac
Loblaw
Red
7%
20%
common__
Gold
38c
Jun
21c 25 V2c
—1
Macfie
100
1,025
______
Lake
Jun
50c
:
Macassa
8%
Lake
God's
27C
23 VaC
18%
»
Mines
Feb
23%
2
Oil
Feb
7,450
23c
Jan
8%
16%
Yellowknife Gold Mines__
Gillies
32c
13 %C July
35c
26c
14
1
Gold
Lynx
22%
_____
class
19,200
32c
•
Leduc-West
Lunward
2.15,
,Mfg
15 %c 17 %c
15
Secord
Jan
9c
._100
Wares
Feb
—1
_____
Mines
"U"
Jan
8%
_
Products
General
Jan
4 %c
Jun
Jan
31%
Bakeries
General
12%
4c
Jan
18 %c July
23
preferred
General
Gold
.10
A
common
875 May
500
Jan
Jun
22%
3.70
Exploration
Power
475
5c
3'/8c
Gold
MacMillan
Gatineau
10 V9
5c
18%
-
Mines
30c
55c
1
'
Gold
Jan
9.85
5% Aug
40c 43 %c
5%
preferred
class
19%
Apr
Jun
4% Aug
MacDonald
Products
Ford
Jan
15% July
Mar
Louvicourt
Fibre
13c
325
45c
—1
_
Mining
5%
-100
L
1,000
22c
Mines
Wasa
855
32%
common
Federated Petroleum
Aug
7c
27%
__
Jun
Little
Federal Kirkland
7c
Jan
16
48c
Lingman
July
14
preferred
Aug
370
1
Mines
17c
5c
5%
,
Grain
Jan
11c
600*
Feb
May
7c
2.60
Nickel
Grain
65c
Mar
32,000
1,970
1
i__
19c
2.58
Players
Federal
July
6c
11c
17,400
__
_
Mining & Exploration
6,000
5,200
5
40c
Federal
50c
55c
10 %c
8%
*
Ltd
Labrador
3,000
2.30
1
Corp
Falconbridge
'Famous
13 %c
1.45
6c
2.45
66c
;■
May
23c 25 %C
1
_
9c
2.50
41c
El Pen-Rey Mines
El Sol Gold
6c
30
1
___.
_
6c
.20
,
Gold
"Eureka
32,600
8'/8
Lake
Laura
.
Feb
8c ll%c
24c
1
Lapa Cadillac
Elder Mines
Jan
59c
8%
1
20c 22 %c
5%
new_
Eddy Paper class A
9c
Jun
34
•
8%c
5
Machine
Jun
21c
33%
i
Jun
15c
7c
2.40
-_1
Steel
Washing
Jan
6c
3,500
29%
1
...
Mines
Jun
35c
21c
133,050
6,600
6c
Mines
L'a. y
83c
1,000
26c
Feb
27%
17c
Mines
Sullivan
Jun'
53c
6%c
Aug
Jun
13%
6%c
*
Malartic
Eastern
35c
Jan
Aug
14%
11%
11%
•
East
8,600
12
Jun
51c
1
Kayrand Mining
Jun
25
17 %c
l
East
Jan
1
_
„_
Mines
Feb
25
•
Oil
10c
30
-__1
Gold
Quebec
24%
1,880
60c
Oil
Leduc
July
2c
-__1
Lake
East
5c
33%
—1
Mining
22%
25
52c
Amphi
East
2,766
•
common..
Mines
351
16%
53c
Ltd_.
7c
110
ti*
V
Jun
,,,....■.,,,.4
Mines
Feb
6 Vac
10
•
Jan
10%
1
Duvay Gold Mines
10c
7,500
_
100
Gold
Lake
Dulama
July
9 %
114
.100
International Uranium
Feb
33c
11%
*
*
Mines
6c
*
Co
Feb
9%
Jun
preferred-
Jan
23
July
Metals
Milling preferred
Laguerre
Donaida
335
4,400
3%c
«
corn-
Coke
&
Jan
8
21
23.50
Woollens
10
3c
_
_
1
Jan
760
25
B—__25
Dominion Textile common
Jan
7c
114
—6
15c
7
1,915
3c
--
*
common
Co
15%
24
10%
pfd
Jan
24Vic
Mar
Jan
Industrial Accept
1,145
20
___
_
__
15%
20% Aug
1,900
46
£i
preferred
16c
39,750
26%
23
■»
Chemical
15c
'
52
5c
35c
—
Jun
1.20
10
15 %c
Kirkland
Tar
16,200
7c
—
-1
_
5%c
1,700
18%
19%
1
-
Mines
Howey Gold
Hoyle
Mining
International
3,500
.
30c 32%c
30c
18%
_
45% Mar
10,200
1.75
7c
•
Dominion Stores
Dominion
Apr
4.50
15%
_
18% c
Jun
5%
45
11 %c 13 %c
1
class
21c 23 %c
55c
10 %c
:
Feb
10c
100
•
Coal
&
Jan
20
23c
Mascot
International
•
Steel
17
Apr
2.50 Mar
6%c
51c
Gold
Ktn-Addison
Dominion
Jun
20
14a
7c
Jun
40c
58c
2
Dominion Magnesium
Dominion Malting
14
20
-
10
Jan
16c
1
Steel
21c
Preferred
13c
1
&
435
20
4.10
Jan
152 %
1.14
10
Foundry
17 %c Mar
Aug
148% Mar
1.08
1.12
1
Dominion Bank
Mines.
Oil
July
152%
13%C
_
20
4.10
Gold
Imperial
Jun
6
13%
__
Ltd
Gold
Harricana
Jolic-t
Mines
20
4.10
Jan
81
50
July
■
Dcme
Alabastine.
&
preferred
Mines
123
7,466
20%
Discovery Yellowknife
Distillers Seagrams
15%
Brass
Hallnor
Bank
2,612
20%
__________
15%
Lime
Gypsum
Hahn
Imperial
100
*
Lake
Jun
Feb
6%
*
Red
6c
17 %c
6%
6,000
Delnite Mines
1,500
Jun
98 %
99
19c
Detta
9c
Jun
5c
17c
Ltd
8c
Jan
10c
10c
*
Oils
8c
65c
5%c
7c
Davies
Decalta
Lake
12c
6,000
6%c
155
,
Jan
Gwillim
Apr
42c
4,317
60c
25,000
A-
Jan
25c
1.15 July
Jun
85c
100,536
8%c
65c
51
class
Jan
65c
Jun
Hclbnger
8 Vic
B
80c
Jun
16c
Jan
200
7%c
Leather
May
35c
Apr
36c
35c
1,000
48%
Class
Jan
Jan
45c
35c
I
Davis
Id
18
4,320
Highridge Mining
High wood Sarcee
22,000
_____100
Petroleum
Jan
Jun
Aug
5,400
Highland-Bell
6
I
Coal
Nest
aVi
16
11,650
Feb
D'/.ragon Mines
Crow's
25
33c
7c
l
Pershing
1,730
65c
July
*
.
17 %c
12
16
20c
4c
*
__
Mines
Jun
10%
35c
7,000
]
Mining
Bit common
Craig
14c
12
19c
4%c
66c
•
Imperial Mills
1,000
14c
common-
58c
4%c
common—
Cournor
14c 14 Vic
Feb
Jan
63c
4 %c
19
Exploration
16%c Aug
20c
Apr
35c
100
Corrugated Paper Box
Feb
_
30c
6
5
___
10%c
Mines.
Jan
—*
A
Mines
Lead
17c
1
Mining & Smelting
Press
1,000
High
53
10%
<
Gold
Gulf
768
*
Consolidated Lebel
16 %c 16 Vic
Low
16
3,500
1
Homestead Oil
Jan
*
Paper
30c
I
Duquesne
9%
Jan
'
Consolidated
1,615
Gunnar
Hedley
66c
2
Mines
Cadillac
Apr
10
Coal
12%
1
Beattie
Central
Cons
Lakes
West
12
•
—-
50%
10
10
16 %c
Mines
Great
25c
•
Mines
Bakeries
2.85
May
2.18
2.50
35c
5
Consolidated Astoria
Consolidated
127
Bousquet
Great
Hard
*
Petroleum
National
High
51%
Jan
1
-—_*
„
t
Commonwealth
Conduits
1
_—
July
32c
13%c Jan
3%c July
41c
2.71
1
-
Jan
23,500
3c
12%
:
1.45
33,300
600
;
.___
Jan
7c
2,37
2.79
Graham
Guayana
1.65
65c
common
Plow
Lake
Coin
1
Willans
Cochenour
Cochrane
1.74 Apr
5 %c
2.40
Range Since January 1
Low
51%
Jan
1.50
Jun
Shares
5
Goodyear Tire preferred
Gordon Mackay class A__
Grandoro
Feb
102
May
14c
for Week
Jan
45c
.
1
.
Feb
Jun
1.40
15c 16 %C
1
Mines
Chesterville
101
Jun
1.14
25,100
24c
Feb
5%c
57c
1
Chetkirk Mines
3,600
79c
22c
23c
—1
——
1.60
82c
82c
Mines
1,200
75c
•
Oil
Leduc
1.24
1.51
1
Castle-Trethewey
99
5
150
Jun
97%
99
99
Apr
141
1.17
__100
Canadian Utilities preferred
Jan
79c
1,050
98%
—
_
__
Jun
55c
70c
147
Sales
Range
of Prices
Pa
High
Low
High
Week's
Last
Sale Price
1
Range Since January
70c
»
Tire
Shares
147
100
25
Canadian Pacific Railway
STOCKS—
for Week
Low
•
Canadian Malartic
Friday
Range
Par
MARKETS
AUGUST 12
Sales
Week's
of Prices
Last
Bale Price
Monday, August 15, 1949
FINANCIAL CHRONICLE
LISTED
CANADIAN
STOCKS—
&
COMMERCIAL
THE
(628)
40
.
,
July
12c
Apr
21 VaC
Jan
Volume 170
Number 4829
THE
COMMERCIAL
&
CANADIAN
RANGE
FOR
FINANCIAL
LISTED
WEEK
ENDED
CHRONICLE
(629)
41
MARKETS
AUGUST
12
■
v
.
Friday
STOCKS—
Week's
-
Last
Par
Milton
Brick
Mining
Low
1,000
6'/2
6%
Oils
390
•
4c
95c
11%
1,330
31c
500
•
18
common
Drug
9,300
17'A
Jan
Sheep
Sherritt
SIck's
Jan
12
Jan
48c
Jan
6% Mar
Jan
Silver
17'A
Aug
23%
Jan
Silverwood Dairies
275
64%
Jun
73%
Jan
Simpson's Ltd
3,500
Jun
12c
Jan
8
230
6
Feb
8
July
195
10
Mar
12'A
10
28
16%
t>
5'Ac
16%
.
30
,
Petroleum
National
25c
:______
Sladen
27% Apr
15% Mar
Jan
Slater
(Ni
17
May
South
Car.
—
Jun
18'A
18
18'A
1,060
16%
Jun
23%
2.35
2.46
7,800
1.95
May
2.63
Apr
—
Mines
class
A,
New
Alger
New
Calumet
Goldvue
New
Co
Gold
47c
Jan
Standard
275
8'A
Apr
24%
25
1,010
24'A
Jun
30
23
22%
23
235
21'A
Jun
26'A
__
94%
96
140
93
Jun
99%
Jan
24c 24 V2C
1,820
Jun
44c
Jan
Feb
Feb
24%
5,067
6'/eC
Jun
15c
Feb
13,000
84c
Jun
2.35
Jan
Stanley
27c
4,625
20c
58c
59c
9c
9c
Brock
May
5,633
May
75c
Feb
Stedman
1,500
5c
Jun
23c
Jan
Steel
Starratt
—
4c
4c
4 %c
--
class
Olsen
1,000
2,500
4'Ac
3c
3c
Jun
6c
Jan
Jun
18c
Jan
11'Ac
11'Ac 11%C
28,300
7c
May
14c
12'Ac 13'Ac
6,025
9c
Jun
26c
Jan
5c
4'Ac
_
—
11,500
4c
May
8c
Jan
of
Malartic
62c
65c
20,250
58%
„**
58
58%
2,855
9'Ac
7c
10c
519,840
2.50
_
2.45
2.50
5,430
Northland
5c
_
Mines
_
—
47c
May
7
1.03
Apr
Jun
48%
58%
20c
Jan
Aug
5c
4%c
5%c
15,000
1,000
4%6>
1.70
Jun
4c
Jun
3.75
Jan
13'Ac Jan
3'Ac May
12C
40c
Feb
24c
4,700
4c
3 %c
4%c
14,000
9
8%
9%
665
1.75
1.72
1.84
17,600
1.42
Jun
1.95
54c
Aug
Aug
Jan
49c
46c
50c
41c
July
54c
Jan
6c
6%
25,313
1,185
11
1,020
6%
•
11
10%
*
22
21%
1
—*
A
Gold____
1
1.39
1.54
40,100
1.11
Feb
2.60
Anr
20c 27 %C
20,500
—
Mines
Malartic
20 %C
Gold
July
3'Ac Aug
6
May
7%
common
15
•
Press
prefered
—
July
12c
Jun
24c
July
4c
7,100
3c
Jun
6c
Lake
3'Ac
1,000
3c
Jun
6%c
Jan
Sudbury Contact
435
•
10,200
3'/e
Jun
6c
Jun
6% Mar
20c
Feb
6%c
8'Ac
6,000
5c
May
9c
84c
1.02
115,300
16,000
45c
May
1.0G
11 %C 12 %c
2.45
2.36
2.53
19,271
44
44
44%
510
Tubes
Porcupine
5c
1.71
Mines
7c
Jun
2.02
36%
Feb
Jan
Cons
_
Ltd—
1.30
1.26
1.35
7,950
96c
May
6c
6c
2,500
4c
Apr
16 %c
19c
26,500
9c
Jun
3%c
4c
2,500
2,000
2'Ac July
4c
__
9,250
30c
,
Oil
__
Mines
_
Malartic
Gold
_
__
_
Consol
Paymaster
Perron
_
__
36c
-
_
.
35c
38c
3c
70c
—
74c
1,500
55c
8'Ac
9c
8,500
7c
2.15
_
Piccadilly Porcupine
2.25
10,737
•rj"
Pickle
Gold
Crow
Mines
Pioneer Gold
1
Peninsular
Porcupine
Reef
Powell
River
3.40
3.60
1,500
5c
5c
6,000
39c
35c
39c
37,700
38%
39
920
_
Gold—
___.
Rouyn Gold common.
Voting
.
3.45
38%
Porcupine
Powell
Power
Corp
May
18c
Jun
Jan
3.05
45% May
Mines
__1
Taku
(Pearson)
common
80c
74c
78c
1.71
Apr
Jun
Jun
Apr
Jun
3.00 Mar
6,200
4,000
May
6c
Jan
22c
May
69c
Jan
Torbrit Silver Mines
May
1
1.08
1.01
1.08
11,400
69c
Jun
Towagmac
1
Exploration
Petroleums
Traders
Finance
1
class
A
10c
37c
0
United
B
:
class
Upper
17
Jun
20
55c
Feb
90c
Apr
25c
Jun
65c
May
13'A
12Ma
13%
11,960
Jan
13% Aug
12c 12'/2c
4,500
__
*
A
preferred—
100
2.18
14,500
6
5%
6
805
1
Mines
1.47
1.45
1.55
8,026
__—L.
Dare
5.25
5.15
5.25
8'Ac
8'Ac
10c
19
19
1
preferred
25
.
__
Weston
(George)
Wiltsey-Coghlan
Winchester
8c
Jan
Winnipeg
Jan
Winora
Jan
Yellorex
10,200
36c
1,000
25c
64c
65c
1.20 May
1.73
Ymir
Jun
50c
3,700
17c
Jun
67c
Jan
6,900
<46c
Jun
May
May
54c
2,903
40C
15%
16%
5,530
11
1.14
1.17
2,300
70c
Apr
1.04
62c
17
1
Mines
11 %c
Gold
Girl
12'Ac
1.45
Jun
3.75
18'Ac May
.8c
500
6c
23c
25c
7,800
23c
Aug
13c
50c
25
25%
1,800
24%
Jun
6.50
6.60
17,370
5.85
Feb
1
18c
18c 18'Ac
9,800
9c
Feb
26'Ac May
5c
5c
1,100
16%
16%
450
8c
8c
5,000
11'A
11%
225
4.40
National
Corp
Co
4.30
4.55
5,100
3.50
9c
10c
15,000
-
-
38c
37c
42c
23%
16,900
1,650
47J/4
145
5c
23%
23
47%
33%
4'Ac
500
2.50
t 2,950
23,000
32j
;
37c
Jan
5c
July
11c
Jan
5c
May
27
Apr
»
11'Ac Jan
Feb
4c
37'A
Apr
Jun
6'Ac
Jan
2.00 May
{,
2.54 Aug
46c
15,000
18c
Jan
1.10
83,149
61c
Jun
1.10
3c
3%c
6,000
2c
Aug
6c
48c
f
May ,':
Aug1
Feb
Exchange-Curb Section
Funds
Preferred
_100
—-——
for Week
Shares
5
5
24
'79
*
™26
5c
1,000
Low
100
24
20
21
4,795
2
High
Jun
3
May
74
20%
20'A
Apr
Canadian Industries
*
common
Canadian Marconi
Western
4% Aug
79
390
880
19
7'A
Jun
10c
Jan
4
Jan
103
Feb
18%
Jan
Consolidated
6c
Jun
8c
Aug
Lumber
20
75
1.80
2.00
1,830
3'A
3'A
3'A
600
53%
52%
54
150
16'A
15
16'A
2,925
Jun
__
>•
—•
.
Dalhousie Oil
9%
Jun
Mar
Jan
22
19% Jun
1.15
Jan
2.00
July
3'A May
30c
22%
<46
Jun
*
Paper
-
*
36c
28c
37c
60,875
—*
Bridge
36'A
35%
36'A
320
Jan
4
>
Apr
July
49
Jun
54
13'A
Jun
18'A
Apr
26c
Jun
45c
Jan
31% Jan
% 37%
Apr
Jan
4.60 Aug
17c
Feb
22%
Jan
Jun
7c
Jan
26
■
70'A Jun
20%
20
—1
Canadian Westinghouse
3c
14%
14
•T;,.
Range Since January 1
High
2%
—
____„———*—^24
———1
2%
and Dominion Sugar
Range
of Prices
•
Low
*
Sales
Week's
Last
common
May
Foothills
Oil
International
*
——
Paper common
Internationa] Utilities
42.
2,000
25
May
33c
Sale Price
Canadian
16%
page
v
7'Ac
7.10 May
9%C
see
7'Ac.
Aug
Mar
7C
Apr
Mar
6.60
—
footnotes
May
1.00
1.01
'
,
Dominion
Fcr
21
Friday
Jan
25%
^j.__
l,61o
26.000
2.36
Canadian
Canada
8c
-25c
Mine6
22%
11c
*
STOCKS—
1.18 May
_•
(1945)
40
25
4'Ac
„
1
Jan
Jun
Shawkey
Feb
Apr
33%
2.40
Toronto Stock
Mar
com
35%
22
6%c
__
•
_
Jan
9c
Power
400
Jan
3,600
12c
&
13'Ac Jan
Apr
25c
Brown
—
Feb
29% Aug
Jun
510
7c
33'A
___1
Bear
Yankee
Asbestos
Water
15'A
Jun
7c
40
9'Ac
__
•
common
Mines
Andian
Rouyn Ltd
6.50 May
23%
Jan
36c
Mar
25
__
1
_
—
Yellowknife
1.70
Jan
Aug
21
22%
__
1
4
Wright-Hargreaves
Jan
1.60
6.40
10c
Jun
40
22%
1
_
Electric
Gold
*
common—*..
Larder
Jan
Jan
Jun
Jun
24
*
common
Jan
16%
Jan
Jan
"t
44c
90c
Jan
1.82
6c
500
40
7%
17
35
Grocers
Jun
4.00
2,800
Western
2.94
1.10 May
7,105
(G & W)
Jun
5%
4,465
(Hiram)
20% Aug
1.22
2,875
r
*
Feb
Preferred
Mar
20'A
1.97
Products
Jan
Bhawinigan
Feb
17
20'A
2.00
Westeel
Jan
Senator
52
9.40
8c
Gold
Jun
51
29%
-8c
Mines
47
50'A
__
9%c
Aug
Antonio
Jan
175
160
9.00
May
San
Jan
24%
j
Jan
30%
25
22
•
Amulet
4c
Bannorm
14c
July
18% July
27'/2
20
—
•
Mines
3c
-
8'Ac May
27%
22
50
8%
Mar
27
27'A
_25
Hill
Canada
700
1
349
5,300
>8,000
Steel
1,500
__
20
-•
61%c 65%c
<
•
Keno
7,900
-
Feb
May
35c
__
,_i
preferred
United
6c
—
10c
47c
18 %
__
*
Fuel
Class
"5c
pfd
Jun
May
25c
B
2.45
2nd
7c
29c
35c
•
Corp class A
4c
Lawrence
1,500
4,000
—•
Mining
Class
2.25
Ryanor Mining
10c
37c
•
Resources
Unjon Gas
United
1.35 May
36c
__
1
Transcontinental
5%c
:
3.60 Aug
9%c
12%
_
common
5% Aug
Jan
29%
1.02
Feb
36c
Jun
9.25
3.65
Jan
4'A
2.54
9%c
Jun
—
Mines
18c
500
29'A
Jun
_
Industries
2,000
•
Jan
Jan
1.79 Aug
'(8,835
•
2.34
Feb
1.90
5'/2
1
Jan
11'Ac
Jun
3.60
Walker
89c
May
50c
42'A
54c
______
5c
1.27
5%
Wekusko Consol
15%c Mar
Apr
July
3.40
__
3.40
Jan
42'Ac Jan
5%
21c
1.27 Jan
11,100
26c
Jun
Mar
1,000
1.79
25c
4%
16c
v-S6,025'
-1.75
Jan
23c
Royfcar Chibougamau
6c
;
1.68
8c
9'A
_-
Royal Bank
Royalite Oil
1.83 July
5c
12%
—
Co
Jun
8'Ac
Regcourt
Oils
1.26
-8,600
Jun
Jun
20,750
12,500
Jun
57c
8'Ac Jan
68c
30c
Jun
Feb
Jun
12c 13'Ac
33%
65c
Apr
3'Ac
65c
Vicour
70
__
Rocne Long Lac
*
July
300
1.60
Par
Gold
1.74
15
86
13c
Wingalt Gold
3c
13'A
78
65c
Reeves MacDonald
.
Apr
1
Virginia
745
Quesabe Mines Ltd
St
Apr
80c
•
Apr
12
15%
Russell
Jun
1,600
Apr
13%
Queenston Gold
Rupununi
Api
9%
■50c
5,000
__r
1
Gold
Jan
11%
—
Quebec Manitou
Roxana
Feb
5
Feb
85
5
1.70
"
Mines
Gold
Thompson-Lundmark Gold Mines
8c
13%
—
Dome
Gold-
Rochettc
22
Jun
Feb
21c
•
River
Tech-Hughes
1.40
24'Ac
1.67
—
Quebec Labrador
Reno
Jun
Mar
5
'
■
Jan
12
—
—
East
74c
Metals
Preston
75c
certificates
trust
Pressed
Quebec
July
78'A Mar
20'Ac
.
___1
___
Ventures Ltd
3'Ac
_
6c
1.65
__
l
Waite
Paramaque
Parbec
11
7'A
85
5c
1
Sylvanite Gold Mines
United
Petroleum
Western
10c
8c
—
Hershey
Pamour
6
8c
85c
__
_
Mines
Pandora Cadillac
Pan
5%
—
Mines
Pacific
Feb
Jan
4
143
82
Jan
3'AC
_
Lake
Red
Page
7
18%
75
83%
82
•••>
10
Sturgeon River Gold
Union
5%
_
_
Gold
15
83%
83%
25
Apr
10
3'Ac
Crush
Osulake
Jun
7
10,600
*
Canada
Transvision-Television
Omnitrans Exploration
Orlac
5
50
75c
26
565
70c
24c
580
4%
7%
__
1
Tower
Osisko
22
4%
__
18'Ac
38,000
7%
__
»
Jan
1.46
Gold
Orange
Jan
23c
Jap
19c
21c
common
Oils
Orenada
Jan
30
Jan
21c
Mines
North Star Oil
Omega
Jan
July
Steep Rock Iron Mines
Toburn
Gold
Inca
O'Leary
9%
10c
*
Taylor
Mining
Norseman
O'Brien
48'Ac Mar
25
Steeloy Mining
Sullivan
•
62c
-r»——
Gold
Okalta
Jun
22,700
.
North
32c
Apr
May
30
54c
Jan
12'Ac
—
Mines
Norpick
15
15c
Bros
Co
Stovel
Oils
Mines
Nicholson
Normetal
Apr
30
«
Standard Radio class A
1.30
31c
11%
May
50c
;
8'Ac
Aug
65c
14'Ac
•
Standard Paving common
47c
18
15c
;
24c
—
Thurbois
Norbenite
8%
18% May
Feb
Jun
52c
common
Preferred
Yellowknife
Noranda
15,500
8%
20
Mines
Chemical
1.29
1
Pacalta
New
25
39c
15% Mar
15%
31c
'
Nor zone
New
15
35c
__
»
58c
Marlon
Nib
13,550
1
common
8'Ac
Newnorth Gold
New
305
40c
24 %c
Malartic
27c
_
Jason
New
17%
Jan
1
1.29
_
17
37c
15
•
Gold
8'Ac
Mines
__
2.65 Aug
•
A
Preferred
New
Jun
Jan
2.40
Steel
27c
1.25
401
38c
Brazeau
9,500
211,090
18
•
Jan
37c
2.65
17%
100
14
33'Ac
2.26
18
1
B
July
33'Ac
1.60
2.43
__
Preferred
Stadacona
National
Jun
5
class
Siscoe
28%
1.01
39c
Mines
11% July
12
355
Class
1,600
•
common
875
18
28
class
Ltd
60c
Miller
610
1.25
1
Jun
High
12% May
12 %
1
37c
Low
11'A Mar
12
certificates
trust
Range Since January 1
High
1.20
1.20
Mining
Silknit
11'A
_
Voting
Shares
Low
50c
common
for Week
ot Prices
♦
Gordon
Silanco
Aug
class A
Gold
Breweries
7
8'Ac
12'A
Creek
1.55
7%
10%
8
_______
Winnipeg Brewing
7'Ac Mar
8c
common
Hosiery
Jun
Jun
7%
Shea's
Sales
Range
Par
Jan
71
I
—
Preferred
8.25
29c
30
45c
Jun
July
High
12c
Week's
Last
Sale Trice
70%
common
National Grocers
6%
44c
Preferred
Negus
3'Ac
1,400
11
____
Mylamaque Mines
National
7,000
6%
Montreal Locomotive
National
Jun
5c
31c
_
Corp
6%
1.25
11
_
Mortgage & Inv
Porcupine
Moore
Jun
4C
Monarch
Moneta
Low
8c
1.15
__
_
STOCKS—
Range Since January 1
High
9%c
6%
_
Corp
Model
Shares
9%c
Mills
Mid-Continent Oil
Friday
for Week
9%c
McWatters Gold
Mercury
Sales
Range
of Prices
Sale Price
'49c
Jan
Jun
25
*48
Jan
Pend
Jan
Temiskaming Mining
2.30
2.32
200
56'A
53%
56%
4,585
43%
Jun
16'A
16
16'A
■-425
13%
Jun
.—•
14%
13%
14'A
2,215
12'A
Jun
1
4.90
4.90
5.15
2,255
3.35 May
8c
8c
1,100
6c
•
.
—
:
2.30 Aug
3.65
,■
■
58
Jan
Jan
16'A Aug
22'A Jan
Apr
May
—
10'AcMay
20c
Minnesota &
Oreille
Ontario Paper
____
1
—
Jun
6.70
Jan
8'Ac Aug
COMMERCIAL
THE
(630)
42
&
FINANCIAL
CHRONICLE
Monday, August 15, 1949
OVER-THE-COUNTER SECURITIES
Quotations for Friday, August 12
Obligaiions Of Government Agencies
Investing Companies
Affiliated
Amerex
1
4.67
3.70
4.05
—
Fund Inc.
American
Beneficial Corp
Blair Holdings Corp.;
Bond
Inv
shares—lc
3.98
6,76
7.31
13.78
14.98
4%
5%
Petroleum
1%
2%
Steel
Industries
3.50
3.40
3.31
3.00
3.43
4.13
6.98
Inc.l
11.23
12.21
k—1
13.55
14.80
10c
5
—1
15.03
16.25
Mass
16.54
18.13
Mutual Invest Fund Inc
1
32.45
34.89
Investors
2nd
Fund
Balanced
1
National
Security
Corp
Income
& Howard—
9.03
1
Stock
5.79
6.33
1
Series
7.19
1
Series
Series
6.53
6.15
2%s Feb.
4.01
1(0-7
99.24
100
100.10
100.18
102.22
103
Dollar
Int. Bate
Bid
1,
100.2024
Price
Ask
.2149
Maturity—j
Certificates
1%%
1950
tl%s
Ask
Bid
of
Feb.
indebt
(cont)
—
Indebtedness—
of
Bid
Ask
1949
100.0333
.0463
U%s Dec. 15, 1949
U%s Jan. 1, 1950
100.0973
.1309
100.0304
1950
100.0987
.1128
tl%s Mar. 1,
Certificates
1.
1950
100.1100
.1209
.0880
tl%s Oct.
1,
tl%s Apr.
1, 1950
H%s June 1, 1950
tl%S July 1, 1950
100.1341
.1592
100.1396
,1554
100.1549
,1723
4.38
1
1
24.91
26.64
Speculative Series
1
2.73
2.98
16.65
17.80
Stock Series
1
4.36
4.77
Equity Fund Inc————20c
Fidelity Fund Inc
—5
Industrial Fund Inc-1
3.65
3.84
Industrial Stock Series
1
5.30
5.79
23.63
25.55
Selected
I
1.71
1.88
Fund
Balanced
.—
Stock Fund
Financial
Boston
Corp.
Group Series
5.91
-1
Agriculture
5.06
8.95
Automobile
9.81
5.59
6.13
6.38
Aviation
14.58
Bate
Dated
Bid
Due
Ask
Rate
Dated
6.99
2
Fundamental Trust shares A—2
13.30
5.78
6.67
Bank stock
1
1
46.33
49.82
Building supply
1
7.47
8.19
1
4.63
4.97
Chemical
1
9.80
Bid
Ask
1.60%
—1
Inc—
Stocks
Federal Intermediate Credit Bank Debentures
3.55
3.48
15.14
12-
1-48
b-
1-49
bl.25
1.10%
1.55%
4-
1-49
1-
3-50
bl.30
1.15%
1.45%
England Fund
York
4.61
Common rtock series
3.25
3.18
14.12
5.36
5.50
series
stock
Preferred
29%
4.82
First Mutual Trust
„
Low Priced Com Stock Series 1
New
New
27%
—10
Fund.—.—1
Franklin Custodian Funds Inc—
First
6-
1-49
9-
1-49
bl.25
1.10%
1.50%
7-
1-49
1-
Due
3-50
bl.30
1.60%
1.15%
1-
3-49
10-
3-49
bl.25
1.10%
1.55%
5-
2-49
2- 1-50
bl.35
1.55%
2-
1-49
11-
1-49
bl.30
1.20%
1.10%
1.55%
6-
1-49
3-
1-50
bl.35
1.50%
4-
1-49
11-
1-49
bl.30
1.20%
1.10%
1.55%
7-
1-49
4-
3-50
bl.35
1.55%
3-
1-49
12-
1.20%
1-49
bl.30
1.10%
1.25%
8-
1-49
bl.35
1.50%
5-
2-49
12-
1-49
bl.30
1.20%
1.10%
10.74
Fundamental Investors Inc
General
Capital Corp—
Investors Trust
General
Automobile
Diversified
3.61
3.96
—lc
lc
shares
5.88
Diversified Investment Fund-1
10.11
11.08
5.20
5.71
Diversified
9.45
10.36
Industry
6.95
7.62
1
11.17
12.24
1
_1
9.27
10.16
9.82
10.76
7.53
Electrical
5.80
6.36
Insurance stock
Equipment shares lc
shares
lc
8.38
9.18
Machinery
Merchandising
shares
—
6.87
Electrical
4.85
4.41
—
„
shares—lc
6.82
7.48
Metals
1
7.70
8.44
—lc
lc
shares—lc
7.17
7.86
Oils
1
15.11
6.45
7.08
Pacific Coast Invest Fund
1
10.16
11.13
8.97
9.42
Public
1
6.92
7.58
General bond shares
Industrial Machinery shares
bond
Utility
Railroad
—1
7.61
8.34
5.21
5.72
Railroad
1
5.81
lc
lc
7.27
7.97
Steel
1
X7.16
7.85
5.09
5.59
Tobacco
1
10.44
5
lc
lc
7.31
2:58
Petroleum
3.37
3.71
Putnam
3.91
4.30
Republic
_lc
—lc
4.24
4.66
Russell
4.44
4.88
Sept.
1,
1949
Sept.
8,
1949
Oct.
6,
0.85%
Oct.
13,
1949
Oct.
20,
1949
1949
bl.00
0.93%
bl.01
0.93 %
Oct.
1949
bl'.Ol
0.95%
Nov.
3.
Sept, 22, 1949
Sept, 29, 1949
bl.01
0.95%
Nov.
10,
bl.02
Ask
0.95%
bl.02
0.95%
0.95%
Sept.
15,
lc
5.57
6.11
6.37
Scudder, Stevens & Clark
shares
shares
Bond
RR
shares—.;
Steel
Tobacco
shares
Utility shares
1
Howe Plan Fund Inc
Incorporated
10c
Fund
Income Foundation
5
Investors.—,
Institutional
21.44
27,
bl.02
1949
___
0.95%
0.97%
__
1949
bl.02
0.98%
1949
0.98%
Insurance Group
lc
shares
Stock and Bond Group——lc
Investment
Co
Investment
Trust of
of
1
America
Inc—
5.53
23.83
Industry Shares
25.91
Fund
series
1
Series B
1
Series C
95c
48.75
8.71
9.49
7.19
64
13.31
17.51
1
1
1
1
27.14
28.36
Bds)—1
22.64
24.70
1
15.43
16.84
Wall Street Investing Corp
Wellington Fund
Bonds)
1
9.05
9.88
pfd Stocks).—1
(Appreciation pfd Stks)_l
14.68
28.64
8-1
9.54
9.70
9.73,
1
17.13
18.70
15.62
16.80
1
3.44
3.73
14.84
Stks)_l
10.31
11.26
S-4 (Low Priced com Stks)__l
4.15
4.54
North
(Appreciation
Knickerbocker
com
Fund
Diversified
Trustee
Shares—
Series E_
2. 50
6.72
7.75
1
2.18
2.43
1
Loomis Sayles Mutual
Loomis Sayles Second
York
4.37
4.79
Fund—*
Fund—10
94.18
96.10
Series 1955
1
3.43
45.89
46.83
Series 1956
1
2.13
Amer
Trust Shares—
311
10
100
Bank
15
34%
40%
47
49
9%
52 %
Trust
54%
16
32%
89 %
92%
...
<fe Trust- —10
_100
29%
.100
269
278
Industrial Bank of Commerce-10
27
_100
1,320
—25
42
Trust
Co
Bid
& Co Inc
_100
(J
P)
York
Par
58 %
Insur Co
60
62
25
Agricultural
56%
,.10
Aetna Life
Home
10
64
v
r
10
23
4
Jersey Insurance
45
24%
$2.10
American Automobile
Assur
_5
5
_20
Y
46
__
12%
20%
Prior
137/a
Casualty_5
13 %
2%
19%
20%
48
51
23%
10
30 %
5
28
28%
30%
7%
American Re-Insurance
(American Surety
-Automobile
32%
25
—
.
60
62%
10
43%
45%
40%
.
Bankers
&
Shippers
25
10
Boston
.
„
Camden
86%
38 %
64%
<
67%
5
General
Life
North
20%
21%
Fire
Northern
36%
43
54
56%
Crum & Forster Inc
10
34 %
36 %
Pacific Fire
Pacific Indemnity Co
Peerless Casualty Co
•
10
32%
34%
Phoenix
58%
61%
15%
_
±—10
59%
63%
Fidelity & Deposit of Md—10
63%
63%
66%
82
85
17%
,
25'/4
27
x96
110
56
59
5
5
14%
88
31/4
—10
Frisco
Firemen's of Newark
10
—5
''
General Reinsurance Corp
Glens
2nd
Great
Republic
Rutgers Fire
preferred
&
com
American
29%
49
51
.10
Delaware Pow
103%
33%
Seaboard
43%
35%
27/8S—1979
103%
Kentucky & W Va Pow 3s_1979
102%
103
Ask
101%
50%
51%
Central Hudson Gas & Elec—
1979
Pow
&
Lt
N
Y
103%
104%
:
•
54%
55%
f
(series 1949)—100
pfd
-100
105%
106%
108%
110
preferredsi---ii.-ii.100
4.75%
Lt
Conn
Kansas
&
$2.20
Pow
State Elec
4%%
pfd
&
pfd
Gas—
Okla Gas & El 5%%
105%
105%
Pacific
-New
Narragansett
Elec
3s
1978
Gas
5%
&
red
1st
—25
28%
pfd—100
104%
1978
3s 1979
105%
108
109
104%
106
Ohio
Power
3s
1978
—.1983
106 %
108%
20
20%
20%
100
105%
106 %
Edison 4.70%
(Colorado) 4.40%—100
104 %
105
Pub Serv of Okla
105
105%
Rochester Gas & Elec—
103 %
104
Ser
4.65% pfd_100
102%
103%
101%
101%
Westchester
104%
Diego
4%%
Gas
&
Elec—
preferred
105
29%
12%
87%
10
49%
52%
Security (New Haven)
Springfield Fire & Marine
10
34%
H3/a
10
45
34
Standard
10
34%
36%
15
86
89
331/2
35
Lighting
3s
—1979
preferred
47
33
Staten Island Edison—
4.90%
90%
Surety
5
'
Accident
100
US Fidelity & Guaranty Co„2
10
33%
35%
10
130%
134%
—10
38
40
36%
bBig yield price, d Deferred delivery sales (not
price, k Admitted to listing on N. Y. Stock Ex¬
Cash sales (not included in year's range),
t Exliquidating dividend.
(Un) Admitted to Unlisted Trading privileges, wd When delivered, wi When
Issued,
x Ex-dividend.
y-Ex-rights. z Ex-stock dividend.
a
Odd
lot
included
Travelers
U S Fire
U S Guarantee
Westchester Fire
7.20
54%
7.45
56%
4
60%
10
74%
21 %
23
n
sale
year's
(not
included
in
year's range).
range).1- e Ex-interest,
Admitted
to
trading
N.
Y.
f Flat
Curb,
r
78%
2
in
change.
63%
•No
par
value,
tin default.
:
!
105%
104
3s__1979
Indiana
\
106
105
<*$4.75 preferred series G—100
Pacific Gas & Elec 3s
<
;
28%
pfd
Pub
England Power 3s
North States Pow (Wise)
i
Elec—
Potomac
Public Serv of
5%
Bid
101
104
Ltg 2%s__1979
San
2
10
Par
Stocks—
104%
&
2%s
Tenn Gas Transmission 3s__1963
Reinsurance Corp (N Y)_
(Texas)
Republic
41%
Francisco
San
103%
104
Power
'
10%
Hartford Fire
<•
Bank cf Amer N T & S A—12%
Cen
4
15
Hanover Fire
Hartford Steamboller
:
St Paul Fire <fe Marine—
27%
5
Globe &
Globe
lo
5
Falls
Providence-Washington
52%
12 %
Bank
States Natl Bank—
Caterpillar Tractor $4.50 pfd 100
Ariz Lt & Pwr $2.50 pld_50
105
104 %
15%
85
18%
Fireman's Fund of
1374
3s
116
10
10
66
49%
Ask
Bid
Bell Telephone of Pa
New
;
63
20
National
United
iiv Issues
Recent
Bonds—
101
25
"
67%
Fire Assn of Phila
"
34
Portland
655
16%
Preferred Accident
101
295
32
Trust
8%
7%
625
45%
12.50
97
lo
275
20
&
86
36
34%
2.50
River
_10
Employees Group Assoc
Employers Reinsurance
56
34
_5
Continental Casualty
Federal
100
Michigan Cons Gas 37/bS—_1967
"New York
35%
.10
40%
80
29%
95
.
Fire
Conecticut
90
54
33%
Detroit—
290
42%
83 Va
—12
Duke
•
51%
8%
27%
of
229
30
5
.4
National Casualty (Detroit)—10
National Fire
10
National Union Fire
5
New Amsterdam Casualty
2
New Hampshire Fire
10
Bank
100
First
44
223
—25
50
.15%
14%
American of Newark
32
Ask
22
Merchants & Mfrs
-
American Fidelity &
27
30
31%
10
Massachusetts Bonding
' Merchant Fire Assurance
22 %
:v
preferred
14%
25
10
112
$1.05 Convertible preferred—5
'
American Casualty
American Equitable
of N
108
Maryland Casualty common—1
,
'American Alliance
Bid
30 >/4
10
20
Bank
City Bank
Pittsburgh
Bank
12 %
67
5
Ame~rica
of North
515
Peoples First National
—25
Bank-
Trust
United States Trust.
Ask
86
495
1,360
49%
20
Title Guarantee & Trust
83
315
100
Co
187
295
Detroit
17%
Sterling National
10
78
180
100
30
16%
—10
Irving Trust
Kings County Trust
Lawyers Trust
Public Nat'l Bank & Trust. 17%
Par
185
Mellon Natl Bank & Trust
1,248
National City
Surety
75%
Farmers Deposit Natl Bank—100
31
1,128
New
Aetna Casualty &
Aetna Insurance
18
16%
10
Bank
175
100
Savings
Trust
National
National
Bank
National
Bank
&
National
Central
Co
(White Plains, N Y)
Empire Trust
100
Trust—33 Va
34%
—50
Trust
&
Cleveland
Trust—
&
Corn Exchange Bank & Trust_20
Federation
Ask
10%
Co
Bank
National
Northern
48
Commercial National Bank &
County
Bid
Illinois
Bank
36%
10
Trust
&
First
Harris
91%
20
Bank
Manufacturers
Companies
135
130
Chase
National
41%
88%
National
City Natl Bank & Trust
326
39%
Central Hanover Bank & Trust 20
Morgan
Insurance
Par
Continental
100
Trust
Guaranty Trust
Independence Trust Shares
8-3
com
New
Co—10
Fifth Avenue
Bankers
First
Type Trusts—
13.60
(Income
of
Manhattan
Fiduciary Trust
Unit
Stocks)—1
6-2
Bank
&
25%
Chicago
the
Stamped
1
Inc
23%
Companies
Ask
York
of
Continental
21.31
(Quality common Stks)_l
Fund
1
.
Wisconsin Investment Co
16.01
19.53
26.25
Whitehall
Shares
New
Bank
Trust
6.70
8.92
18.63
18.36
Bid
Par
Chemical
5.82
1
Bonds)
K-l (Income
71
20.93
Union Preferred Stock Fund
7.88
13.01
Banks & Trust
Brooklyn Trust
\
25c
A
6.06
86c
:
Union Bond
10.80
20'/8
45.75
10c
Investment Corp_*
(Speculative
B-4
9.98
19%
Union Common Stock Fund
1
Bonds)
Grade
48.54
1
Invest Co
Priced
B-2 (Medium
B-3 (Low
48.54
2%
United Income Fund
B-l (Investment
L*
..i*
..
Trusteed
12.45
Funds—
Keystone Custodian
(new asset value)
.
.
.
.
1.10
99c
2.35
1
28.01
Television Fund Inc
8.35
82c
11.36
Boston—1
Investors Management Fund
K-2
7.62
74c
2.15
26.05
Berg Fund Inc
Street
15.63
1
Sovereign Investors
Ltd—
Shares
14.54
1
Fund—;
Shareholders Trust of Boston—1
State
Aviation Group shares——lc
Bank Group shares
i
lc
Fund
Selected Amer Shares
178
19.83
Trading—
Investors
Fund Inc
4.61
4.26
164
&
(Geo)
Standard
_
Bid
0.70%
bl.00
8.01
2.34
Railroad
_
Treasury Bills
Ask
bl.00
15
equipment
Equipment shares——lc
Railroad stock shares—lc
Petroleum
*
Bid
Aug. 18, 1949
11.44
Merchandising shares
Mining shares.
:
._
4.81
4.94
Investing Company shares—lc
Low Priced shares
—lc
*:
United Slates
16.56
Fully Administered
Institutional
'
—
preferred stock—1
equipment
1
lc
lc
Building shares
Food
1-50
5-
11.32
6.94
1
1
10.67
6.33
Corporate bond series
shares
Chemical
10.92
5.36
Agricultural shares
Aviation
9.96
lc
Group Securities—
,
Ask
100.3
6.72
1
Low Priced Bond
Preferred
14.18
8.35
Series—
Bond series
v
13.21
1
Fund
Investors
119%
May
1%S Jan.
1961
Maturity-
Nation-Wide Securities—
National
—
118%
Bid
1, 1952-1950
1, 1953-1951
1, 1955-1953—
Treasury Notes—
tApril
Securities
point
1950-1949
U. S. Certificates of Indebtedness
Trust—
beneficial
of
l%s
27.07
Inc
Investors
Gtfs
a
100.7
Issues
7.65
25.04
Mass
of
1,
100.5
Canal 3s
Panama
3.89
10c
Manhattan Bond Fund Inc
7.96
32nds
more
Land Bank Bonds—
4.55
3.53
interest—1
94.75
21.14
or
1%S Oct.
3.78
lc
lc
shares
shares
one
Fecerai
103.3
3.31
lc
Paper shares.
Ask
1C0.1
—
3.65
lc
Other
3.86
3.03
lc
Home Furnishings shares
Non-Ferrous Metals
14.42
13.34
——1
3,450
com—100 3 ,300
139
134
.—100
5.42
5.89
Commonwealth Investment—1
14.30
13.08
Delaware Fund
1
1.53
1.39
Dividend Shares
25o
Eaton
1950
9
Fund
Preferred
20,
7.95
Century Shares Trust—
Chemical
l%s Jan.
19.55
Bullock Fund Ltd
Christiana
3.69
Corp
Invest
Street
3.34
Business
90.96
—,——;—
Bowling Green Fund
Broad
Equipment shares.lc
Electrical Equipment shares-lc
Bid
1949
shares
*
1
of America
Tr
Fund Inc
Boston
15,
3.63
1
5
1
1
Fund Inc..1
Axe-Houghton Fund B
Banks—
Loan
Home
1%'s Sept.
General
Axe-Houghton
Federal
3.33
8%
A__—— -—2
Figures after decimal point represent
Ask
3.02
Oilstocks
Standard
series
Shares
1
Shares
Business
Associated
Bid
lc
Automobile
32%
31
10
Holding Corp
Par
Managed Funds—
5.13
-IV*
Aeronautical Securities
Mutual Funds—
Ask
Rid
Par
Mutual Funds—
tThese bonds are subject to all Federal taxes.
.
1
'
;j
Volume 170
Number 4829
THE
THE
Bank
with
clearings this week show
a
the
compared
Preliminary figures compiled by
ago.
year
based upon
COURSE
decrease
a
us,
We
be
7.6%
below
Our
year.
those
the
for
preliminary
totals
stand
4.3%.
at
in
1948.
loss for the week ended
a
Saturday and the Saturday figures
going to
the
as
not avail¬
are
has to be estimated.
cases
which
are able to give the final
complete results for the week previous — the week
ended -Aug. 6. For that week there was a
decrease of
5.3%, the aggregate of clearings for the whole
country
having amounted to $12,671,508,539, against $13,380,622,-
At
Friday of
we
061 in the
same week in 1948.
Outside of this city there
decrease of 7.2%, the bank clearings at this center
having recorded a decrease of 3.4%. We group the
Jr..
TELEGRAPH
43
cities according to the Federal
Reserve Districts in which
they are located and from this it appears
that in the
New York District
(including this city) the totals regis¬
ter a falling off of
3.6%, in the Boston Reserve District
of 7.4% and in the
Philadelphia Reserve District of 3.9%.
The Cleveland Reserve District suffers
a loss of
10.6%,
but the Richmond Reserve
District enjoys a gain of
6.6%
and the Atlanta Reserve District
of 1.9%.
The Chicago
Reserve District suffers a
decline of 21.5% and the
Minneapolis Reserve District of 5.2% but the St.
Louis
Reserve District enjoys an
improvement of 2.4%. In the
Kansas City Reserve District the
totals record a decrease
of 8.1%, in the Dallas
Reserve District fo 8.7% and
in
the San Francisco Reserve
District of 9.3%.
week
Accordingly, in the above
press.
present further below
was
BY
today, inasmuch
and
Our comparative summary for the week follows:
CLEARINGS—RETURNS
them
(631)
CLEARINGS
statement, however,
we
$12,319,054,963
week
BANK
the last day of the week in all
In the elaborate detailed
weekly clearings will
same
furnish
able at time of
States
corresponding week last
against $13,333,929,550 for the
this center there is
United
FINANCIAL CHRONICLE
OF
cannot
ends
country, indicate that for the week ended Saturday,
Aug.. 13, clearings from all cities of the
&
Complete and exact details for the week covered by
the foregoing will
appear in our issue of next week.
telegraphic advices from the chief cities of
from which it is possible to obtain
COMMERCIAL
a
..'Per
Week Ended Aug. 13
York
New
"
1949
1948
In the
Cent
$6,225,685,590
$6,503,938,253
Chicago
623,317,856
611,288,045
Philadelphia
799,000,000
374,414,743
220,095,533
423,834,868
—11.7
280,456,065
—21.5
,
Boston
Kansas City
St. Louis
San
302,930,036
196,226,865
Baltimore
269,480,679
239,773,933
Cleveland
301,331,000
242,846,886
199,685,593
Week Ended August
6.3
—
253.600,000
286,249,000
2.0
Federal
1st
$9,430,310,406
Reserve
day
one
565,848,182
6—
"
7
.
"
822,770,527
714,722,732
428,282,714
580,498,832
730,533,372
420,637,183
"
6
,
1.7
8th
St.-Louis
10th
Kansas
«•
361,401,565
"
804,928,218
757,799,997
7.0
12,671,508,539
13,380,622,061
6,115,393,934
6,590,958,489
10
"
all
cities
Our usual
the
on
for
week-
York
Stock
Exchange
is
Description—
Stocks—
of
Month of
•
July——■
1949
1
shs._
1948 and
1949
City.
and the 1948 aggregate
-Seven Months-
1948
York
today a summary of the clearings for
the month of
July. For that month there was a de¬
crease for the entire
body of clearing houses of 8.5%, the
1949 aggregate of
clearings having been $60,118,171,391
1947
1948
24,585,115
131,152,999
192,900,617
Railroad & misc.
$58,778,500
$69,137,900
$403,572,100
$611,482,900
Internat'l Bank-
45,000
5,166,300
189,000
831,000
3,387,000
6,193,500
53,856,670
54,159,180
31,000
306,000
348,000
$65,667,968,751. In the New
Reserve District the totals show a loss of
Boston Reserve District of 10.9% and in the
,
18,751,895
749,500
Bonds—
Foreign
govt.
U. S. government
Total bonds
$64,020,800
—
$75,831,400
1946 to 1949 is indicated in the
$458,607,770
Month of
Federal
1st
$669,778,580
1st
16
"
Cleveland
1J?
"
5th
Richmond
8
"
Atlanta
707,607,968
339,030,926
285,199,944
366,255,103
305,619,342
8.1
464,263,443
8.7
216,561*355
9.3
'635,780,432
373,636,499
136,694,855'
591,737,421
5.3
12,015,920,581
11,317,967,833
7.2
—
—
"
7th
Chicago
30
"
8th
St.
7
"
5,722,150,029
5,350,839,683
9th
Minneapolis
16
"
"
11
"
2,116,172,000
3,205,718,351
51,510,197
10th Kansas
23,757,877
34.092,745
11th
22,992,575
19,336,900
25,663,765
57,140,389
60,011,467
66,651,580
Dallas
111,266,707
April
19,313,984
34,612,565
20,619,550
18,179,374
17,767,357
42,769,258
30,922,212
20,615,786
17,482,740
58,718,076
San
t
™
Francisco
19
Total
"
:_183 cities
1947
June
2nd
Quarter
2,242,919,840
32,190,735,799
3,754,228,555
3,409,766,814
5.5
—
—10.8
—15.2
—
5.4
—
7.9
5,432,938,603
1,776,709,689
1,431,009,569
2,564,093,873
1,955,138,084
3.011,164,872
—15.0
—13.9
2,328,763,334
3,628,640,758
v
9.1
—
—11.7
65,667,968,751
34,837,902,344
Months
112,401,104 168,315,502 125,369,656 194,820,103
8.5
61,862,363,364
61,780,683,263
30,729,764,771
27,962,671,050
July
18,751,895
The
24,585,115
25,472,787
Federal Reserve Districts
20,595,100
1st
of bank
course
clearings at leading cities for the
of July and the seven months ended with July
month
2nd New
BANK
CLEARINGS
AT
-Month of
1949
LEADING
CITIES
York
Chicago
__
Boston
Phila.
St.
Louis
_
PittsburghSan
Fran._
Baltimore
1946
1949
1948
1947
$
$
$
$
$
$
_
Cincinnati-
639
Kansas City
1.2C5
Cleveland
755
683
628
4,962
5,299
15,734,206,964
216,318,933,455
27,515,424,227
16,478,386,678
226,687,654,140
28,839,383,328
26,546,010,864
12,681,308.755
19,090,831,962
41,392,333,945
14,466,118,291
11,512,529,468
18,684,966,837
15,578,176,652
24,228,910,512
436,672,872,318
456,186,616,432
228,302,753,516
237,530,918,715
"
"
25,593,531,885
8
"
—.16
"
12,639,640,360
19,112,740,154
.30
"
7
"
Minneapolis
16
"
Kansas
15
"
11
"
19
"
—
;
Atlanta
Chicago
9th
10th
11th
Louis
City
Dallas
12th
San
,
Francisco
-
Total
39,304,078,592
14,058,258,767
10,923,393,289
133 cities
Outside New York City™
1,519
1,384
1,198
1,148
1,411
1,249
1,089
8,945
9,567
8,342
6,360
979
1,171
945
804
7,738
6,489
New
462
493
450
478
7,126
3,678
3,475
3,284
5,458
3,068
11,256
11,548
9,924
8,406
3,485
3,509
3,107
2,620
Orl'ns
Detroit
8.772
9,827
8,596
The
7,106
.
—
1,493
1,735
1,452
1,238
Louisville-
457
511
431
401
Omaha
472
535
487
416
3,340
3,556
3,282
98
743
800
734
98
112
101
Milwaukee-
240
270
228
195
1,544
328
355
346
305
2,349
2,494
2,315
389
316
281
2,545
2,514
448
380
339
Denver
f
1.773
1,790
3,023
2,878
January
224
240
207
184
1,582
1,572
1,394
522
455
401
3,534
3,245
319
274
261
2,556
2,271
1,819
__
Seattle
468
521
434
394
3,278
3,513
2,918
2.628
Salt Lake C.
211
242
192
165
1,593
1,589
1,313
66,698,329,329
56,098,307,779
67,473,571,160
57,470,663,632
69,179,885,164
188,491,145,224
193,348,878,125
60,467,523,722
65,683,182,576
62,064,219,618
101
__
Tot.27cities
Out.
all
—
118
51,938 56,781
Other cities
Total
108
8,130
763
95
.
753
61,328,509,588
June
•
66,267,522,393
54,327 55,278 377,664 396,332 367,739 356,3a?
6,502
59,008
59,854
50,728
42,74$
Total,
6
Months—
N.Y.C. 30,963 34,837
Jilly
376,554,700,927
399,053^
30,729 27,962 223,302 237,530 209,680 182,713^
'?
—
—
—
—
—
65,667,968,751
436,672,872,318
Total 7 Months—
—
390,518,647,681
60,118,171,391
-
—
197,169,769,556
456,186,616,432
8,886 ' 7,535
60,118 65,667 61,862 61,780 436,672 456,186 413,467
—
69,422,367,362
188,063,555,703
Total, 2nd Quarter
6<fc
699
—
April
1,060
Hartford
—
4.6
215,920,989,418
26,017,740,543
23,175,338,171
11,517,374,798
4.6
3.6
—
0.3
+
0.1
—
2.8
—
5.1
—
—
—
—
—
14,522,937,553
222,359,649,177
23,922,918,335
20,070,873,128
10,298,724,643
15,293,901,137
17,478,533,596
37,031,253,373
12,697,341,952
9,760,300,281
5.0
—
or
7.6
31,586,471,789
10,774,096,982
8,119,762,756
13,458,618,108
10,430,395,031
18,215,437,823
16,378,660,127 '
12,539,531,014
20,512,403,021
1-3
5.7
4.3
418,467,475,047
399,053.786,462
3.9
209,680,126,256
182,718,303,165
1949
Dec. %
64,919,266,285
.
Total, 1st Quarter.
2,749
311
3,511
2,500
Inc.
$
March
17140
474
Memphis
—
$
15,438,008,753
Clearings Outside New York
1948
February
2;303
Indian'polis
Richmond
-
1946
4.5
the clearings by m onths since Jan. 1, 1949 and 1948.
$
1,776
388
2,165
2.680
—
covers
1949
1,377
339
following compilation
Months-
1,328
Buffalo
Paul.—
—
—
MONTHLY CLEARINGS
657
Providence-
St.
Seven Month3
1947
Clearings, Total All
2,615
___
,
months for four years:
3,985
4,725
Minneapolis
_
or
Dec. %
17,260,611,941
15,369,422,424
22,842,630,260
"
—17
8th St.
1946
Inc.
$
.=.—16
7th
1947
29,155 30,830 31,132 33,818 208,370 218,655 208,787 216,335
2,863
3,251
3,022
2,740
20,884
22,517
20,626
17,916
1,742
1,957
1,861
12,303
1,825
12,945
13,708
13,078
3,509
3,945
3,576
3,577
27,430
22,871
26,113
24,768
1,077
958
1,182
1,049
8,299
6,226
7,183
7,863
1,130
1,274
1,132
1,089
8,882
7,747
8,855
7,259
1,550
1,766
1,596
11,179
10,977
10,108
1,543
11,978
865
827
920
758
6,137
5,244
6,312
5.679
_
Richmond
6th
JULY
1948
$
New
Cleveland
5th
IN
Philadelphia
4th
-Jan. 1 to July 31-
July
_14
3rd
in each of the four years is shown below.
(000,000
omitted)
14 cities
York
seven
Seven Months
1948
$
Boston
in the
Seven Months
1949
j
_
—11.1
—
showing clearings by Federal Reserve Districts
Seven Months
Six
2,170,362,331
34,748,975,452
3,735,343,868
3,115,521,538
1,511,911,896
2,182,377,803
4,806,132,307
1,638,484,724
1,228,086,039
V 2,198,6*78,826
1,632,027,958
2,812,780,521
1,674,372,982
2,419,284,684
8.2
—
2,857,843,259
-
30,963,112,703
We append another table
1946
$
—10.9
1,761,455,316
60,118,171,391
Outside New York City.
83,553,396
„
30,409,809
21,716,872
55,260,715 108,304,035
12th
31,426,715
May
City
or
—11.8
2,460,407,140
No. Shares
23,556,803
Louis
11.7%
Inc.
Dec. %
1,497,441,768
15
No. Shares
City Reserve District the decrease is
13.9%, in the
6,093,800,273
2,036,477,035
2,490,740,727
5,377,241,024
1,868,527,991
1946
—
—.
$
2,359,142,585
31,979,746,389
4,146,682,543
3,906,227,942
1,863,711,519
2,705,477,748
1,763,137,117
16
20,217,606
16,801,286
—
783,384,751
2.4
5.2
+
—
1948
2,102,958,149
30,224,865,833
3,697,257,859
3,313,703,432
"
4th
following:
21,135,600
Quarter
14
Philadelphia
No. Shares
17,179,755
_14 cities
.
3rd
1948
„—
488,213,505
—
Reserve District
$
6th
1947
sas
,
York
18,825,034
__
York
1949
Districts
Boston
2nd New
1949
March
328,009,203
500,136,314
trict records a decline of
15.2%, the Richmond Reserve
District of 5.4% and the Atlanta Reserve
District of 7.9%.
Chicago Reserve District the totals are smaller
by
11.8%, in the St. Louis Reserve District by 8.2% and in
the Minneapolis Reserve District
by 15.0%. In the Kan¬
5.5%, in the
Philadelphia
July—
Reserve
No. Shares
January
February
688,106,734
359,271,051
1.9
In the
Reserve Dis-
The volume of transactions In share
properties on the
New York Stock Exchange for the first seven months of
Months—
410,368.962
We also furnish
The
appended.
results for July and the seven months of
follow:
Number
Outside New
monthly deatiled statement of transactions
New
656,300,197
+
266,886.774
687,586,316
Francisco
769,635,044
-29.7
$12,319,054,963 $13,333,929,550
San
6,497,087,217
6.6
—21.5
472,375,348
243,733,167
Dallas
12th
6.2
-
6,149,733,577
737,793,542
3.6
+
381.229,934
434,596,120
442,073,659
—3.9
569,402,447
"
1946
451,566,332
—10.6
—
930,481,221
4
._
City
1947
••.,.$
7.4
—
401,613,220
7
8.2
—
or
Dec. %
._10
5.7
—
Inc.
$
503,855,029
7,030,173,769
856,275,254
799,060,106
6,780,378,281
11
,
—20.8
—
1948
$
466,367,730
.111 cities
Total
Federal Reserve Districts:
1949
_12 cities
„
9.9
—
cities, five days- $11,753,206,781 $12,529,001,334
Cities,
summary by
Districts
Boston
11th
Total all
All
a
SUMMARY OF BANK CLEARINGS
5.0
—
$9,999,594,544
2,529,406,790
2,322,896,375
furnish
we
—12.2
p
Ten cities five days
cities, five days
;
Other
following
4.3
+
853,000,000
222,700,000
Francisco
Pittsburgh
-r-
—
—
—
1948
S
2.4
29,710,132,467
35,559,789,797
,
2.5
2.5
Inc.
$
34,301,881,876
2.7
35.547,131,527
29,923,848,922
35,336,817,667
99,571,804,140
32,597,114,173
33,626,823,708
35,448,835,893
97,767,836,673
101,885,218,255
3.6
197,339,640,813
202,693,016,371
8.5
30,963,112,703
34,837,002,344
4.3
228,302,753,516
237,530,918,715
—
—
33,839,268,189
31,894,721,808
—
100,807,798,116
32,246,291,157
7.9
;
1.2
4.5
4.S
or
Dec. %
—
—
<
—
3.5
0.7
0.6
1.2
4.4
2.2
—
5.1
—
4.0
—
2.6
—11.1
—
3.9
XL
We
now
add
our
detailed statement showing the
figure^ .JEor each City for the month of July and the week ended Aug.
-Month of July-
Clearings at—
Federal
1949
i
Reserve
Me.—Bangor.
Conn.—HartfordNew Haven—
1943
$
$
—18.0
19,447,503
—11.2
1,742,583, 459
1,957,115,942
7,501,646
—11.0
7,052, 916
6.0
51,265,301
56,557,200
4,059, 189
i.-__3,308, 075
3,438,520
7,424, 548
30,891, 937
33,867,990
.
__
_
Springfield-—
Worcester
1949
17,270, 459
Lowell-—^
New Bedford—
Inc. or
Dec. 1o
8.448.622
6,926, 380
——_—
Mass.—Boston—
Holyoke.—
$
Inc. or
1949
1948
$
Dec. %
$
District—Boston—
Portland
Fall River
1948
$
First
*
—
49,414,194
55,937,224
—11.7
118,923,042
133,421,372
—10.9
4,064,587
5,030,075
13,078,626,373
13,708,659,683
4.6
381,580.015
413,272,958
9.4
1,550,771
1,706,841
826,576
782,353
—11.8
4,604,412
8,547,604
-
—
3.8
—13.1
—
8.3
28,597,075
'
-
24,985,573
30,391,263
i
-
v
24,941,247
52.008,286
57.379,916
222,833,730
232.169,008
?
21,013, 373
23,821,516
155,602,771
164,324,831
101,452, 728
—46.272, 138
108.120,437
6.2
763,833,121
753,174,931
52,620,491
—12.1
321.671,406
334,146,342
10,727, ,700
11,801,100
—
9.1
83,637,400
84,217,300
98,623 ,600
112.469.100
—12.3
743.567,200
800,204,500
5,351. 649
7.337,702
—27.0
39,241,492
42,861,811
2,102,958,149
2,359,142,585
—10.9
15,734,206,964
16,478,386,678
Waterbury—
R.I.—Providence—
N. H.—Manchester
Total 14 cities)
6 for four years:
-Jan. 1 to July 31-
—16.0
—
—
—
1,453,228
2,037,411
—
0.2
—
9.4
1,813,393
2,045,058
—
4.0
7,523,903
7,289,558
1947
Dec. %
$
—28.7
1,678,215
—19.2
4,173,909
7.7
381,889,868
9.1
1,625,468
—
—
5.9
+
-Week Ended August 6Inc. or
—
+
—
—
—
—
—
'
5.3
4,507,145
5,320,644
1.4
25.810,111
23,632,147
3.7
12,311,491
13,075,121
7.1
22,654,300
27,730,600
8.4
1,272,210
1,932,263
4.5
466,367,730
503,855,029
+
5.7
703,792
1946
$
1,546,859
4,382,504
371,263,091
1,334,776
732,267
—11.3
1,556,600
1,806,878
3.2
6,407,777
5,874,907
—15.3
4.384,198
9.2
20,483,338
3,972,435
21,548,778
5.8
10.466,702
8,666,947
—18.3
27,080,300
19,936,300
+
+
—
0.7
—34.2
1,116,165
1,007,917
7.4
461,566,332
442,073,659
—
COMMERCIAL
THE
(632)
44
-Jan. 1 to July
Month of July—
1949
Clearings at—
Federal
Second
District—New
Reserve
1948
$
*
$
12,656,436
Bingha mton
Buffalo
328,164,335
...
6,692,648
Elmira,
7,502,696
Jamestown____
29,155,058,688
Hew York
78,826,381
Rochester
Syracuse.
186.986,097
224,680,393
7,632,243
30,224,86(5,833
Harrisburg
—
2.8
47,871,404
48,998,743
—i
York
—
3,357,193
2.3
1,712,111
80,393,578
1,583,195
52,768,069
59,263,192
—11.0
1,809,424
5.4
218,655,697,717
592,136,192
—
208,370,118,802
575,364,931
4.7
—
2.8
6,556,114,605
19,777,448
404,207,592
—
7.4
381,226,521
3.9
79,675,408
80,311,425
9.9
389,051,039
388,126,738
5.7
20,060,885
•
-
■
■
-
-
2.5
11,053,805
2,559,921
1.991,027
9.5
70,005,796
8.1
1,154,270
60,253,662
1,031,759
4.7
1,327,942
1,464,724
3.4
6,293,770,552
5,967,128,150
1.4
15,364,588
15,010,485
9,439,275
13,002,966
14,221,498
8.6
11,110,083
11^537^945
13,160^151
-12.3
10~9~94~949
-
10,050,341
4.6
0.8
—
+
0.2
8,975~456
—
5.0
934,617
1,104,030
-15.3
725,670
725,039
—
3.4
43,379,393
46,790,543
-7.3
39,910,320
34,100,190
—16.3
5.5
43,307,814
45,265,948
4.3
39,099,316
39,513,469
3.2
51,552,637
6,780,378,281
7,030,173,769
3.6
6,497,087,217
6,149,733,577
5.2
1,032,647
—
—
5.5
216,318,933,455
.
1,568,235,156
51,253,612
•
226,687,654,140
—
-
'
-
"
0.6
+
4.6
—
1.6
13,489,935
-
12,804,790
4,256,455
6,092,524
4.556,769
-
-
4,395,733
33.507,466
34,251,535
2.2
1,190,008
1,255,603
0.7
33,262,187
31,060,654
7.1
1,243,677
1,320,999
5.9
962,921
1,171.560
32,284,688
35.068,824
7.9
1,251,357
1,053,644
+ 13.2
983,091
1,112,422
9.5
149,743,826
158,110,189
5.3
5.1
96,498,599
3,141.904
3,495,208
—10.1
2,748,625
2,4*07^142
817,000,000
4.2
-20.7
5.291,000
-
98,245,522
1.8
6.6
28,080,044
28,238,936
7,149,876
41,708,738
-11.1
13,103,839
-
21.794,478
-
11,462,416
-
17,253,960
-
1,438,642
6,052,973
-
38,123.306
-
29,471,073
29,508,798
-
—
1,028,164
3.1
3,945,000,000
43,045,494
27,430,000,000
—
0.6
-14.8
4.8
783,000,000
739,000,000
705,000,000
7.4
85,162,435
89,501,378
4.8
2,583,703
2,781,001
7.1
2,769,339
2,169,179
9.0
151,945,862
154,696,933
1.8
5,347,345
4,743,630
+ 12.7
3,856,738
9.5
73,790.874
72,222,154
2.2
3,229,572
3,786,053
—14.7
2,341,638
2,115.591
7.5
119,273,319
126,331,076
5.6
3,506,880
4,243,202
—17.5
4,161,256
3.135,959
-14.8
8,738,748
9,129,909
4.3
7,475,376
26,113,000,000
—
—
3,843,528
1.4
8.7
41,894.609'
41,322,598
5.4
266,077,29 6
265,861,366
0.1
8,606,035
9,088,316
5.3
6,941,609
240,455,536
222,301,760
8.2
9,670,046
7,497,598
+ 29.0
4,397,130
8,336,621
27,515,424,227
28,839,388,328
4.6
822,770,527
856,275,254
3.9
769,695,044
737,793,542
6,421,697
-13.3
0.1
4,146,682,543
—10.8
34,965,538
—21.3
755,074,453
—15.2
1,411,219,214
—18.6
184,863,400
5,967.783
4,491,605
-
4,537,001
1,148,906,520
-
Columbus
Hamilton—
;
Mansfield
—
7,164,627
210,158,786
5,299,290,502
—
8,945,699.557
9,567,015,170
—
—23.2
980,403,000
1,004,386,100
—
—16.7
48,829,770
31,102,689
48,370,847
+
—
0.9
1.0
28,361,654
+
9.7
—21.9
134,337,178
—
18,235,317
Toledo
23,355,153
30,996,491
31,360,544
—
19,613,115
—
73,887.629
-
^
71,292,858
2,765,305
Pa.—Beaver County.—
2,734,652
1.7
206,680,638
4,962,239,242
18,034,401
Youngstown
+
—
.
142,968,238
1.2
216,827,396
186,798,507
8.1
124,833,741
131,337,007
3.6
509,216,913
488,486,499
1.1
17,883.240
18,286,562
—
144,181,727
156,140,264-
276,328,385
281,100,342
2.4
33,902,300
6.0
+ 16.1
—
—10.5
13,591,566
12,932,934
+
8,882,961,881
8,855,868,304
+
0.3
24,228.224
—13.2
145,218,194
150,715,855
22.068.011
—19.2
127,467,299
143,978,436
17.592.012
—18.0
131,732,957
132,179,612
19,099,802
—18.9
114,103,302
125,279,173
3,313,703,432
Total (17 cities)
226.855.361
43,352,500
-29.9
26,455,600
21,686,500
4,165,755
4,568,764
8.3
4,003,129
3,156,687
6,445.653
7,045,862
3.5
5,486,925
5,126,580
244,131,595
295,430,677
—17.4
240,637,213
299,783,395
714,722,732
799,060,100
—10.6
656,300,197
688,106,734
5.1
—11.3
15,485,629
W. Va.—Wheeling
126,604.180
246.329,755
2.3
+
2,029,036
1,274,999,649
14,428,943
——
4,894,031
127,262,031
1.7
-
4.2
+
17,835,991
Erie——.—
6,125,544
7.7
-
4.9
—
1,815,888
—
5,567,317
6.4
6.5
1,130,346,127
21,027,158
3,906,227,942
—15.2
25,593,531,885
26,546,010,864
—
13,314,622
—21.0
84,743,028
—
_
—
1,723,602
6,789,663,572
-
District—Cleveland—
Cincinnati-.
CityKf.—Lexington
$
22,961,709
142,013,900
Reserve
Ohio—Canton
Pittsburgh
1946
$
1,277,902,613
27,532.461
—.
Total (16 cities)-
Oil
—
3,511,846
72,766,726
9.4
639,962,937
N. J.—Trenton
Greensburg
1947
21,806,348
20,891,131
—'
Del.—Wilmington
Newark—
12,844,569
August 6
or
1,234,08^,970
1,482,219.457
23,090,602
—
Cleveland
12,523,386
Inc.
Dec. %
5.8
3,697,257,859
—
Hazleton
$
4.7
+
36.080,066
Reading-
Federal
+ 24.6
—
1,225,434
5,524,283
Philadelphia——
:V
87,389,010
2,494,272,568
15,957,605
Norrlstown
;
91,488,692
2,349,616,404
19,834,382
10,377,668
—
———
Lorain
31,979,746,389
956,897,873
1,192,090,773
4.0
3,509,000,000
12,128,134
Lancaster
Du Bois
1948
$
9.4
—
4,970,216
—
—
Wilkes-Barre
1949
7.4
—
5.049,434
4,366,929
4,197,951
—
Bethlehem———
8cranton_
-Week Ended
Inc or
Dec %
District—Philadelphia—
Reserve
Fa.—Altoona
Lebanon
—
—
188,043,143
Total 14 cities)
%
7.0
—11.7
—
54,301,332
3,474,291
7,389,358
Chester
—
—
11,702,041
Oranges——,
Federal
—
56,095,824
3.217,303
Northern N. J.——
Fourth
89,255,928
160,932,933
Newark
Third
8,284,885
30,830,066,407
+
11,241,044
„
1948
$
+ 23.5
—
48,927,244
ii
N. J.—Montclair
t
132,977,139
12,170,756
355,231,628
6,887,425
51,953.242
—_—„
Utica,
Coon.—Stamford
31-
1949
Inc. or
Dec. %
Monday, August 15, 1949
York—
164.260,382
V. Y.—Albany„___*_..__—
FINANCIAL CHRONICLE
&
3.6
—
—11.5
0.3
—
8.9
—
3.6
Fifth Federal Reserve District—RichmondW. Va.—Huntington__
10,520,321
Va.—Norfolk
50,072,000
—
522,493,226
—
14,098,161
S. C.—Charleston__..___
52,166,000
474,711,004
_
14,372,375
—
0.5
14,502,000
10,929,000
+
0.7
108,205,044
114,968,100
1.9
103,419,542
101,660,522
+
1.7
3,098,915
3,271,612
+
224,894,125
202,114,077
+
6.3
224,639.322
205,006,761
—
6.0
6,137,586,003
4,752,432
—
8.7
30,638,249
6,312,777,419
30,842,332
306,997,015
2,191,410,999
2,097,001,867
1,763,137,117
1,863,711,519
Federal
+
—
—
8.9
2,393,462
2,223,313
9.6
28,667,535
920,948,314
313,135,645
Total (8 cities)
2,998,894
+
3,511,396,826
4,337,893
D. C.—Washington
2,731,976
337,880,000
3,534,341,548
30,466,367
Frederick
8.0
339.627,000
9.1
865,795,726
Columbia
Md.—Baltimore
Sixth
77,977,697
4.0
2.0
5.4
1
12,639,640,360
12,681,308,755
2.8
—
+ 32.7
9,961,000
7,695.000
5.9
96.084,825
93,589,485
5.3
2,854,223
2,724,679
+ 11.3
185,723,573
165,971,875
—
—
-
0.7
—
«
4.5
+
—
74,850,654
67,331,537
0.3
428,282,714
401,613,220
+ 11.2
+
6.6
62,248,968
55,804,846
359,271,051
323,009,203
Reserve District—Atlanta—
Tenn.—Knoxville
73,636,960
833,400.000
Augusta
Columbus
Macon—
289,009,788
939,500,000
16,901,183
-
Ga.—Atlanta—_—
73,675,176
257,080,085
17,616,576
16,068,113
Nashville——
—
1.3
68,775,436
61,157,162
6,664,500,000
2.4
211.000,000
222,100,000
4.9
3,899,376
3,879,032
3.0
3^337,463
3,27~"f,447
0.2
67,904,927
69,683,428
4.1
125,707.706
119,812,729
+
18,217,741
—11.8
112,961,134
122,773,454
—
—17.1
101,159,641
104,304,121
—
—
5.5
2,518,327,701
5.0
199,933,144
2,524,062,900
177,518,558
—
+
—
3.3
2,738,484,292
2,675,786,227
—11.1
185,721,632
214,943,400
2.4
99,073,156
102,069,527
4.5
111,356.000
107,980,000
—
Montgomery—
—
Miss.—Hattiesburg
Jackson
23,182,808
395,692,603
28,556,906
14,904,852
14.550,577
+
15,553,000
Mobile
15,462,300
336,440,773
25,390,882
Ala.—Birmingham
12,811,398
382,714,088
Tampa—.—
13,914,537
13,898,963
1,992,869,216
6,503,100,000
24,345,434
Fia.—Jacksonville—
4.6
508,662,335
485,207,220
1,966,434,734
—11.3
317,788,385
—
0.1
—11.0
16,288,000
—
—
0.1
15,122,958
13,489,763
+ 12.5
62,898,381
49,340.164
5.0
187,300,000
182,200,000
+
0.5
3,064,820
3,234,722
+
1.8
37206,995
2~929,~J32
—
8.0
+
+
2.3
89^499,238
80,314,475
—13.6
6,040,902
6,590,568
2.6
60,683,580
63,494,807
+11.4
7078~2T,454
65764L898
8.3
5,625,804
5,230,880
—
12.6
—
+
—
2.9
3.1
3.2
31,120,030
36,015,720
—13.6
238,154,553
246,085,337
Meridian
4,796,483
6,252,594
—23.3
36,468,516
40,845,915
Vtcksburg
3.4
12,537,673
13,128,904
4.5
472,985
364.447
394,865
3,678,113,052
3,475,489,339
+
5.8
115,669,542
422,383
108,062,515
+ 12.0
6.2
+
7.0
91,047,875
102,856,469
7.9
19,112,740,154
19,090,831,962
+
0.1
580,498,832
569,402,447
+
1.9
500,136,314
488,213,505
—13.3
2,317,090
1,399,493
+ 65.6
1,514,122
1,102,812
10,107,011
11,013,145
—~8.2
37337,253
7,374,298
5~304,027
67303,475
—15.9
678~12r,390
4.539^685
„—
1,744,974
Seventh
Federal
Reserve
2,705,477,748
—
—
5,911,632
Flint
7,175,574
—17.6
1,493,364.454
Detroit
1,735,386,680
—13.9
15,943,935
Jackson
—
Lansing
16,417,297
40,472,095
Grand Rapids
—10.7
—
45,831,584
6,781,176
6,880,332
39,403,3G8
45,455,953
11,256,456,156
11,548,464,502
2.9
108,685,029
115,031,432
—11.7
284,876,042
310,444,941
—
1.4
41,850,329
43,372,929
—
161.866,383
170.823,171
—
—
22,278,824
26,638,274
—16.4
8,768,611
Muskegon
Bay City
10,436,500
—16.0
3.5
5.2
—12.3
49,508,515
+ 13.5
187,987,503
—13.7
3.8
353,194,787
333,489,144
+
5.9
6.8
1,582,712,096
+
0.6
7.9
203,082,600
1,572.504.873
197,772,113
t80,537,594
X
52,741,129
—
240,982,664
—
34,238,628
til,270,026
8.2
56,207,144
31,524,520
South Bend
Terre Haute
5.5
162,177,799
224,671,737
Indianapolis
75,158,518
—
2.5
4.2
8,284,203
28,976,889
50,711,704
Gary
65,915,894
I
—
—
—23.7
7,936,925
22,120,265
Wayne
—
—
t
+
2.7
+
18,725,633
130,740,511
270,626,202
—11.2
1,773,440,569
1,790,249,777
4,552,878
—10.0
30.692,014
7,344,516
8,211,826
—10.6
54.237,787
32,041,819
53,844,579
1,181,021
1,410.007
3,918,957
—16.2
8.858,055
9,972,796
Oshkosh
Sheboygan
Watertown
Manitowoc
—28.8
18,194,290
25,752,997
8.7
105,930,159
114,049,479
0.5
820,712.899
853.908,290
4.0
399,844.448
413*627,259
14,550.520
J7
20,145,417
—
—
—
8.0
16.032.811
14,172,895
—28.8
39,746,726
42,000,813
5.2
33,434,839
36,941,498
3,251,867,553
—12.0
20.884.534,923
22,517,621,386
15,080,938
+ 33.6
94,944.094
92,506,889
9.9
317,748.966
341,421.060
7.0
145,181,296
152,520,217
+
—
17,536,092
6.1
101,086,154
108,055,137
1,766,602
1.983,001
—10.9
12,245,033
12,892,949
5,377,241.024
cities)
54,015,742
23.790,367
16,471,164
Springfield
Sterling
48,643,281
22,128,154
Rockford
(30
5,189,035
2,863,181,100
Peoria
7,250,015
4.921,531
Decatur
2,020,043
5,488,834
Bloomington
Chicago
59,677,065
2,181,347
Ames
118,022,375
57,288,860
III.—Aurora
15,932,790
117,402,775
Sioux City
4*450*071
4,046,155
475
43/712^000
41/776^000
6,001,291
,
X
—11.1
5,142,792
4,219,530
X
■
X
—29.3
2,791.886
Iowa—Cedar Rapids
Des Moines
6,748,435
—25.0
—
—11.2
240,428,391
:
6,139,856
53,209,000
t3,126,028
130,785,902
16,744,351
Milwaukee
4,604,369
50^83^000
0.1
—10~6
4,095,396
Wis.—Madison
Total
—
District—Chicago-
Mich.—Ann Arbor
Ind.—Ft.
493,209,180
2,490,740.727
i
t Total (16 cities)
1,807,006
462,484,860
La.—New Orleans—
—
6,093,800,273
—11.8
39,304,078,592
41,392,333,945
8.9
7,863,798,200
8,299.095.831
1.1
75,910.331
75.165,540
—
—
—
—
—
+
—
—
—
0.9
567288,010
'
547422,636
+
7.4
5o7l21,528
4075727017
4.2
0.7
7.1
3,444,242
3,673,554
3.9
31,534,050
29,339,097
3.3
13.433,700
13,454.368
—
+
—
6.2
3,446,441
3.033,134
7.5
25,843,903
0.2
12,681,381
22.842,847
11.030,417
+ 13.1
—
—
—
+
—
—
—
—
—
5.4
9.5
1,097,402
1,196,440
8.3
1,070,405
896,816
7,3
527,079,500
720,260,913
—26.8
599,816,720
549,318,264
2.6
2,889,787
3,214,247
—10.1
2,567,187
2,284,012
6.9
8,188,963
11,759,252
—30.4
4.8
4,236.492
4,222,399
—
+
0.3
9,849,368
4.259,501
8,033,639
3,259,689
2,699,044
3.339,298
3,169,438
4,124,911
—23.2
5.0
730,533,372
930,481,221
—21.5
783,384,751
707,607,968
5.2
250,200,000
258,400,000
3.1
216,000.000
199,800,000
6.5
5.0
Louis—
Mo.—St Louis
Cape Girardeau
Independence
Ky.—Louisville
Tenn.—Memphis
-7".. r7"
71
7777—7771"
-777-7177
111.—Jacksonville
Quincy—
L
Total (7 cities).
1,077,405.464
11.184.766
1,182,503,668
11.059,592
—
+
1,671,363
1,865,997
—10.4
10.896,961
10,975.086
457.555,088
511.422,258
—10.5
3,485,747,284
3,509.529,264
311.381,960
319.248.739
2.5
2,556,265,796
2,500,494,862
1.844,759
2,149,984
—14.2
11,500,456
12,263,317
7,484,591
8,226,847
9.0
54,139,739
58,594,391
8.2
14,058,258,767
1,868,527,991
2,036,477,085
—
—
14,466,118,291
—
+
—
—
+
—
—
—
1.0
0.7
0.7
101,915,943
89,179,571
+ 14.3
87,611,879
85,327,680
2.2
66,703,667
61,399,430
+
8.5
60,866.938
52,694,256
—
378
1,7767286
1,2387981
2.4
366,255,103
339,060,923
6.2
7.6
1^817^573
178897961
2.8
420,637,183
410,868,962
+
rVolume 170
Ntimber 4829
THE
Clearings at—
1949
COMMERCIAL & FINANCIAL CHRONICLE
Inc. or
1948
Dec. %
Ninth Federal
Reserve
25,194,105
Minneapolis-
29,412,413
979,911,789
:
•
1,171,474,016
Rochester-
6,812,311
Winona
1
3,435,430
1,021,785
27,132,164
Fergus Falls
Grand
389,989,718
3,839,717
1,082,160
T
XTd.—Fargo
Forks
Huron
Mont.—Billings
Great
Falls
Total
Tenth
31.366,399
160,439,631
7.4
1,761,455,316
19,953,850
0.5
—
100,089,926
85,953,561
6/779,297
—
6.1
—
1.3
67,351,365
8,198,036
—17.3
6,156,233
3,655,152
—
9.1
3,079,689
2,519,499
1.7
•
2.7
—
—
4.0
0.1
84,402,144
80,337,397
+
273,006,258
249,142,588
+
9.6
+
3,914,527
3,853,076
8,859,576
9,057,013
2.1
9,390,935
—15.0
10,923,393,289
11,512,529,468
—
.-
5.1
361,401,565
1.9
589,425
6,355,518
16
37011,oil
2^602^822
2.2
6,511,858
7,989,507
—
5.2
305,619,342
285,199,944
+
4.9
T
381,229,934
2.2
+
—
'/
5.1
1.8
9,584,118
64,273,877
——
3,320,878
9.5
1.8
1.8
5,745.334
197,345,031
—;
3.6
+
—
$
6,037,330
213,471,783
3.6
20,792,895
100,206,248
2,400.253
2,843,268
32,103,769
32,323^325
472,943,513
535,941,789
—15.6
16,205,145
~0~7
202,~6~52~257
—11.8
16,511,790
s_;
Omaha____
1
Kans.—Manhattan
Parsons—
561,690
741,789
7,232,688
119,136,229
533,519
0.1
3,340,926,594
17,491,002
1,863,529
—21.7
9,686,855
11,664,019
29,017,915
+ 13.9
211,847,269
193,998,545
2,625,917
1,459,123
,
33,051,637
Wichita—
—
207.268,318
3,556,388,363
17,116,088
2,622.372
;
i
Topeka
52,988,788
—
St. Joseph
—20.0
6,492,471
—16.5
40,432,791
42,428,220
—16.7
8,772,752,013
9,827,843,465
—11.5
303,098,067
334,074,167
0.1
11,583,269
11,919,686
983,127,342
44,034,543
—
49,758,567
/
340,006,979
398,602,933
•
1,576,075
1,573,842
139,023,635
140,871,900
Colo.—Colorado Springs-
10,614,616
9,798,378
388,054.293
8,939,934
Denver
Total
——
(15 cities)
Eleventh
1.3 •
<—28.1
487,191
786,488
471,617
—12.1
6,670,700
5,612,621
4.6
109,954,196
93,702,289
—
413,630
—
9.2
7,531,491
12,362,505
6,801,529
14,376,291
2787459,133
3097954,241
9.3
10,486,763
9,701,880
—
—
8.3
68,879,305
—13.6
2,878,348,542
3,023,357,506
10,360,585
—13.7
63,574,511
60,990,307
2,857,843,259
—13.9
17,260,611,941
—
922,108,562
60,694,868
18,684,966,837
+
113,650,507
—14.7
448,971,463
2,460,407,140
+ 10.7
7,695,058
5,615,103
—14.0
12,284,446
8,917,422
—10.2
31I7335",188
246^801^747
8.1
10,928,397
8,920,324
+ 10.9
•
2,292,934
1,740,301
~4~.I
178287845
55135
8.1
464,263,443
373,686,499
4.7
+
2.8
6.6
+
+ 13.5
+
—
2,279,979
4.2
—
2,528,827
27098,432
57189,032
7.6
434,596,120
472,975,348
4.8
—
—
Federal Reserve District—Dallas—
Texas—Austin—
32,496,199
£ Beaumont.
31,291,469
15,350,420
.101,943,436
92,749,878
117,137,949
22,347,000
23,638,000
—819,469,952
906,093,162
208,818,059
210,364,004
115,965,972
9.4
7,010,412,146
122,596,395
7,128,449,150
6.2
670,109,568
648,607,275
—13.0
1,069,870,946
87,034,987
3.9
+
—11.4
17,318.721
969,074,237
_
....
687,837,758
762,064,502
5.5
171,620,000
168,695,000
'
Dallas—
El Paso
Worth
Galveston——;
Houston
a,
Port Arthur——
—
9.6
—
29,877,597
277,619,927
15,369,422,424
+
+
275,605,995
15,578,176,652
7,645,248
2157122,917
9.7
227744,906
25,943^321
5,494,000
5,789,000
6.4
6,666,935
5,697,668
~9~.2
174,394,000
147,906,000
—1275
2o789l7670
20,875,544
5.1
4,153,915
3,579,000
2,033,894
—
5.4
1.7
—
3.3
—
29.973,603
7,156,824
1957294,066
1.7
—
116,230,994
1.3
2,328,763,334
La.—Shreveport-
—
0.7
—
■
6,071,100,825
9.8
—
44,027,739
121,075,648
9.1
39,170,500
..
—
6,032,058,010
7.8
3.4
—
4,669,329
2,116,172,000
—
7,146,216
—.
(11 cities)
—
19,677,164
38,653,932
Texarkana—
6,591,810
*19,000,000
4,210,027
Wichita Falls—
Total
+
—
6.1
2.2
+
—10.7
66,225,081
1,519,175,229
*Carthage_3._—
;
Okla/r^Tulsa—u—-.
Pueblo—
—
+
5,424,236
Kansas City
—
—17.0
1,265,170,353
Mo.—Joplin
.»
—
0.7
44,488,909
—
1.0
i7oY7~,065
3,613,017
+
lT5
2,742,206
0.7
97026,306
57773",271
+
7.9
77712,629
6,602,749
1.3
243,733,167
266,886,774
8.7
216,561,355
186,694,855
6.7
108,808,872
1.4
3,454,883
112,139,324
3,865,818
4.2
+
—
+
—
0.3
—
Twelfth Federal Reserve District—San Francisco-
,
6.0
37,193,150
39,516,789
468,997,870
521,269,374
—10.0
3,278,876,130
3,513,601,286
14,355,226
16,141,249
—11.1
102,860,689
25,684,807
22,434,768
+ 14.5
187,063,744
104,276,800
149,547,242
8,007,000
10,020,000
—20.1
595,578,712
9,600,886
211,476,770
687,215,125
—13.3
54,334,000
4,068,612,286
5,261,183
Wash.—Bellingham
Seattle—:
—
K;Yakima—
—
—
Ida.—Boise
Ore.—Eugene
Portland—
!
*
Salt Lake City—
—
—
—
Calif.—Bakersfield
—23.0
66,272,096
—12.9
1,593,516,126
73,894,654
437,481,479
483,042,090
167,002,545
201,702,750
22,218,496
24,854,555
4.6
168,271,882
47,864,732
+19.H
385.318,143
Modesto
#;
15,152,090
20,032,585
—24.4
lHf.248,224
114,876,731
+ 12.1
287,698,505
247,145,375
2.4
Pasadena-
.
;
San
41,760,559
—
Riverside—
—
64,369,768
——-
—12.2
11,179,018,491
—20.1
305,135,990
18,420,707
39,084,220
—10.9
116,889,769
—11.7
232,467,243
3,628,640,758
—11.7
22,842,630,260
24,228,910,512
34,499,780
(19 cities)
Grand total
3,205,718.351
(183 cities)
60,118,171,391
>
*Estimated
tNot included
65,667,968,751
8.5
436,672,872,318
34,837,902,344
-11.1
228,302,753,516
107961,153
9,045,361
7,838,439
—
;-Y.
5.8
8l7l9~3,i36
1
41,578,272
97240",223
+ 21.1
—
—
—
—
+ r'
<
.
+15.4
7,187,322
8.4
362,245,527
397,967,926
4.0
10,387,169
11,657,203
5.6
3,660,549
7.5
7,933,480
4,370,824
7,775,140
5.7
687,586,316
757,799,997
12,671,508,539
13,380,622,061
3.9
6,115,393,934
6,590,950,489
8,1237346
;7
4.0
4.3
—
36,~2~997il9
K
■V
6.7
—
—
237,530,918,715
in totals.
3,495,6131
997678,121
—19.6
.
—
456,186,616,432
30,963,112,703
Outside New York
O7443_, 140
50,701,030
137277,956
+ 16.4
251,435,185
Stockton
Total
—
123,775,987
Barbara—
82,884,133,
2.1
+ 21.0
317.936,264
—
15
47,844,120
9.4
—
11,978,592,300
51,296,749
,
96,037,646
3,524,535
—17.2
70,286,733
1,766.535,356
16,406,835
San Jose
Santa
9,332,661
1,550,529,503
40,997,848
I
Francisco
37,250,347
9,109,512
,.
———-
0.2
—
318,528,484
9.7
1207928,399
7.8
+
171,880,344
57,229,041
—
3.0
—10.6
„
4,412,148,138
78,823,562
1,589,898,452
—28.3
—
—
+ 25.1
—15.9
12,473,357
242,707,669
24,366,307
—
5.9
—12.2
23,716,280
Berkeley
i
—
—
61,896,000
Long Beach
+
:T
5,594,154
'
52,994,142
Utah—Ogden
»Ariz.—Phoenix—
•
84,876,003
1946
$
Federal Reserve District—Kansas City—
Hastings
:
246,899,139
1947
%;
—11.5
.
b
.
6.5
—
,
puded August
Dec.
7,629,753
262,883,343
1.3
+
102,908,713
177,190,191
—
6,752,145
3.6
29,309,000
1i48
$
$
6.7
+
32,246,637
99,240,942
—14.8
*
•
1,481,754
1,497,441,768
(16 cities)
28,822,000
7.8
11,791,475
Lincoln
Ft.
1949
'
•
7.9
+
195,763,047
—11.1
—
38,494,758
1,454,729
7,632,401
188,665,459
—16.1
:;
3,193,863
37,798,364
.
.
Neb.—Fremont
-Vv
or
5.3
—
42,695,830
2,514,006,651 '
26,004,205
7,167,997 *
25,067,602
5.6
—23.7
15,132,957
12,008,131
!
Helena
Lewistown
I
26,954,031
45,567,289
—
5,537,189
15,049.131
:
•
186,950,333
7,738,416,801
2,545,759,432
—
—10.0
17,069,891
22,202,143
2,959,066
„
0.6
—13.1
4,499,000
5,104,460
177,054,792
7,126,741,046
—16.3
35,550,667
14,323,861
Sioux Falls
f-;
;
4,001,000
Minot
S. D.—Aberdeen—
-
—14.3
.
6,851,707
339,033,299
St. Paul
\.
Inc
Dec %
District—Minneapolis
Minn.—Duluth
/
Week
1
:
$
\778?8797i
9.0
355,941,431
351,9767412
—10.9
10,567,025
3,874,922
9,597,576
—16.3
2.0
8,150,935
7,303,317
9.3
635,780,432
591,787,421
5.3
12,015,920,581
11,317,967,833
7.2
5,722,150,029
5,350,839,683
—
•
+
—
—
—
3,065,295
INot available.
Foreign Exchange Rates
Pursuant to the requirements of Section 522 of the Tariff Act of
1930, the Federal Reserve Bank certifies daily
to the Secretary of the Treasury the buying rate for cable transfers in the different
countries of the world. We
Redemption Galls and Sinking Fund
.
give below
a
Notices
Below will
record for the week just passed:
preferred
r :
FOREIGN
EXCHANGE
RATES
CERTIFIED
BY
AUG.
5,
FEDERAL
1949
RESERVE
TO AUG.
11,
BANK
TO
TREASURY
UNDER
TARIFF
ACT
OF
Aug. 5
1949, INCLUSIVE
For "non
Aug. 6
S
For "regular" products.
$
„
Australia, pound
Aug. 9
Aug. 10
$
$
Aug. 11
$
.297733*
.297733*
.297733*
.297733*
.251247*
.251247*
.251247*
.251247*
.251247*
.200000*
.200000*
.200000*
.200000*
3.209600
Belgium, franc
Closed
3.209986
3.209160
3.209493
3.210660
.022750
!
.022000
.021950
.021887
.021875
.054406
_
.022750
.022012
<.
Foreign "bank notes"account
.054406
.054406
.054406
.054406
.022750
.022750
Ceylon,
'•
1.000000
rupee
1.000000
1.000000
1.000000
1.000000
.951250
—
.952500
.950859
.950312
.951406
.301166
.301166
.301166
.301166
.020060
.020060
.020060
.020060
.208535
.208535
.208535
.208535
.301166
Czechoslovakia, koruna.
.020060
:
j..
Denmark, krone
.208535
.004671*
—
:
.-
.004671*
.003025*
-
.
..
.
'
.
.004671*
.004671*
.004671*
.003021*
.003024*
.003026*
.003026*
.301678
India, Dominion of, rupee
J
.301678
.301678
.301678
.301678
Mexico, peso
:
Netherlands, guilder
.115625
.115700
.115700
.115700
.115700
.376050
.376100
.376100
.376100
.376066
New Zealand, pound
;
<
Norway, krone..
Philippine Islands,
Portugal, escudo
:
3.988200
Closed
3.988654
3.987620
3.988033
3.989480
.201580
.201580
.201580
.201580
.201580
.497400
*,
peso
.497400
.497400
.497400
.497400
.
.040325
.040200
.040200
Btraits Settlement, dollar
.469500
.469500
.469500
.469500
.469500
Sweden, krona
t
.278228
.278228
.278228
.278228
.278228
.233629
.233629
.233629
.233629
.233629
4.007500
4.007500
Switzerland, franc
.
Union of South Africa, pound
'
i
4.007500
United Kingdom, pound sterling
4.028046
Uruguay,
Uruguay,
Uruguay,
Uruguay,
Closed
4.007500
redemption,
NOTICES OF TENDER
£>ate
(Walter E.) Co., 5Va% preferred stock
Sep 26
Lehigh Coal & Navigation Co., 3 Va % ser. A mtge.
bds.-Aug 23
Long Beach Gas Co., Inc., 1st mortgage 5s
j—
Melville
.040165
4.027500
Shoe
Corp.,
4%
preferred
Company and Issue—
~
Date
Atlanta Gas Light Co.,
1st mtge. 3s, due 1963
Sep
Foundry & Machine Co.—
1st mortgage 5s, due 1954
Oct
Bingham-Herbrand Corp., 5% conv. pfd. stock-1.—Isep
Carolina, Clinchfield & Ohio Ry.—
1
.561799*1
.561799*1"
.561799*1
.531909»t
.531909* t
.531909* t
.531909*1
fApplicatlon depends upon type of merchandise.
and
j
l.il lli, J
—
ref. mortgage 4Vi%
bonds, ser.
Union Terminals Co.—
D, due
1st mortgage 5Va%
bonds, series A
Cochran Foil Co., Inc., 5% preferred stock
Columbus & Southern Ohio Electric Co.
1st mortgage 3»/»s, due 1970
Dan
1962_6ep
1X94
491
1
1
103
Aug
31
TOS
Sep
1
492
Aug
—
Mills, Inc., preferred stock
Raynolds Co., Inc.—
20-year 2%% debentures, due 1965,
Elgin, Joliet & Eastern Ry.—
15
.203
&
1st
mortgage 3 Vis, series A,
Empire District Electric Co.—
due
Sep
1970—
1st mortgage 3Va% bonds, due 1969
Firemen's Insurance Co. of
Newark, N.
/
Paul
Union
1st & ref.
29th
4%
$2416
Oct
River
Devoe
Sep
~Sep
Sen
P
Sep
1
1
1
Saint
.531909*t
-
peso
1st
-
„■
1394
486
4.029375
•561799*t
,
peso
1st mortgage 4s, series
A, due 1965
Central Soya Co., Inc., 3% debentures
Chicago & Western Indiana RR.—
Paga
394
_
,588223*t
,588223*t
,
PARTIAL REDEMPTION
.658300*1"
.658300*t
10
495
.588223*f
.658300*t
.588223*t
.561799*t
'
v495
.658300*t
.658300*t
.588223*t
;SB8
Aug 22
stock
pfd." stocklAug 16
Pillsbury Mills, Inc., $4 preferred stock——:
Oct 15
Riverside Mills, 1st mtge. 5Vfcs, due
1963—— I~Aug 18
Safeway Stores, Inc., 5% preferred stock—
—Oct
1
peso
Paga
.Aug 22
4.027773
4.007500
4.028359
.040178
peso
•Nominal rate.
for
Company and Issue—
Cleveland
France (Metropolitan), franc—
OfficialFree
called
Bethlehem
Official
;
list of corporate bonds, notes,
stocks
Heller
.022750
Canada, dollar—
Free
a
ing tenders, and the page number gives the location in
the current volume (except where
indicated) in which
the details were given in the "Chronicle."
.200000*
regular" products
For certain industrial products
Brazil, cruzeiro.
Aug. 8
I
.297733*
common
those called under sinkiug fund provisions.
The date indicates the redemption or last
date for mak¬
Noon Buying Rate for Cable Transfers in New York
Argentina, peso—
and
including
1930
Value in United States Money
Country and Monetary Unit
be found
J., $4
396
,204
493
303
■
402
498
Depot Co.—
mortgage series B 3Yb%
bonds, due 1971
Oct
~l
Oct
1
536
—Sep
1
539
4Q2
Street Towers
2nd
(now
Corp.—
1st) mtge. bonds,
United Securities Ltd.—
3% collat. trust bonds, series
B,
due
due
1952—
1952
46
Inc. (+)
CALLED
ISSUE
ENTIRE
393
30
_Sep
5% pfd. stock
Aetna-Standard Engineering Co..
Name of Company
Aug. 4,
July 27,
Aug. 3,
1948
1949
1949
Del
Monte
Bound
&
Delaware
Payable of Rec.
Share
Properties
8-15
1
/ 8-20
lc
9-15
9-
9-10
8-15
25c
RR.
,
9-
50c
(quar.)
35c
50c
Co.
Brook
Holders
When
Per
or
Dec. (—) Since
Page
Date
Company and Issue—
Monday, August 15, 1949
FINANCIAL CHRONICLE
COMMERCIAL &
THE
(634)
9-
1
8-19
-
(quar.)
8-12
'
W
;
bonds, due 1952_—
series B bonds, due 1957
Broadway-Cooper Corp.—
1st mortgage 4% series A
1st
income
mortgage
5%
National Ry. Co.,
Canadian
"
.
Sep
bonds, due 1969-
guar
2
.Oct
1
1:491
mortgage
Frontier
Joplin
mortgage
Aug. 22
Scullin Steel Co., mortgage
1
1
1112
Other loans
U.
Real
Combined
4,143
14
22
4,046
2
282
Empire
Equity Corporation,
Common
(irreg.)
5,716
111
1,060
57
——-
.—
26,394
•—
.
-
22
4,864
U
1949/
.
Assets—
fund
Redemption
notes
,
96
720
68
F.
for
:
t
U.
;// $Z ;■
945,753
+
R.
4,146
—
568,273
40,189
—
S.
+
23,325,702
291,165
137,894
advances
and
Discounts
loans
Industrial
_—
14
Bills
------———-
———
—
+
Notes of
Uncollected
Bank
325
233
352
1st
+
6
other banks
Items
—3,115.213
6,187
32,694
+
202
+
97
+
233,747
—
12,088
—
15~n3
—
3,847
—
34.401
;
—2,463,611
263,669
44,862,588
assets
are
acct.
17,346,662
272,576
acct.
369,506
41,680
Foreign
494,422
859
Other
461,399
36.946
Deposits:
bank—reserve
Member
S.
U.
Treasurer
—
gen.
487,514
—
Name
Abitlbi Power
$1.50
—1,386,752
109,030
+
—
18,587
-
Steel
Acme
Aeolian
6%
—1,783,823
276,451
18,671,989
2,058,506
Other liab., incl. accrued divs.
9,552
Total
deposits
29,365
+
Items
—
595
+
4%
preferred
Box
4,228
American
44.029,185
liabilities
Total
Surplus (Section
Other
—
13b)——
27,543
——_
(Section 7)
Surplus
30
+
206.803
466,711
paid
American
18,522
American
Potash
Capital accounts
+
Class
4",625
+
132,346
—
65,421
+
,
$4
Total liabilities St cap. accts.
Ratio
of
*
serves,
—2.463,611
263,669
—
7 Vc
correspondents
Commitments
to
make
471
3,272
-
1,503
V.
4,203
206
2,049
Belknap
Bell
Light Co.,
Condition Statement of Member Banks
statement of weekly reporting member
The condition
banks of
the
Federal
System in leading cities
Reserve
week
Aug. 3: Increases of $183,000,000 in holdings of
shows
the
ended
following
principal
changes
for
the
in
United States Government deposits, and $233,000,000 in
United
States
Government
securities,
$671,000,000
deposits credited to domestic banks, and a de¬
crease of $401,000,000 in demand deposits adjusted.
Commercial, industrial, and agricultural loans de¬
creased in most of the districts and a total of $60,000,000
demand
at
reporting member banks; the principal decreases
all
were
000
$18,000,000 in the San Francisco District, $13,000,the Dallas District, $12,000,000 in the St. Louis
in
$10,000,000 in Chicago. Loans to brokers
'and dealers for purchasing or carrying United States
'.Government and other- securities increased $171,000,000,
^District,
•
and
largely in New York City.
Holdings of Treasury bills decreased $99,000,000 in
New York City and increased, $31,000,000 in the Chicago
District
the net
and
$24,000,000 in the San Francisco District;
decrease at all reporting member banks was $7,-
Holdings of Treasury certificates of indebted¬
000,000.
ness
increased
$64,000,000 in New York City,
$26,000,-
Bibb
Black
Common
B
6%
Common
Koehring
Lamston
1
9-
1
7%.
Canada
5%
non-cum
Carman
Case
&
Central
Central
000 in the Cleveland
District, and
a
lat all reporting member banks.
total of $111,000,000
Holdings of Treasury
/notes increased $57,000,000.
■\
Demand
New York
deposits
adjusted
1
decreased
.
'
$272,000,000
)&■
in
City, $53,000,000 in the Chicago District, and
$43,000,000 in the Cleveland District.
United States Gov¬
Electric
Store
5%
preferred
of
Paris,
ernment
deposits increased
$399,000,000
in
New
York
-City, $153,000,000 in the Chicago District, $59,000,000 in
the Cleveland
District, and $54,000,000 in the San Fran¬
series
7%
Metal
8-20
9-1
8-20
preferred (quar.i
Minnesota Mining & Mfg.
Common (increased)
9-
8-20
pfd.
International^
$4
Nast
Mills
Insurance
1
9-
6
Missouri
Public
10-
1
9-6
Mohawk
Carpet
Molson's
9-15
8-25
9-15
8-25
8-22
Monroe
8-31
7-31
9-
1
8-15
5 %
9-
1
8-15
Publications,
Inc.
Life
9-
9-
1
25c
10-
,
1
Mills,
8-20
8-11
8-20
8-11
8-20
8-11
9-15
Muskegon
Nachman
9-23
A
8-18
1
10-31
37'4c
9-
3
8-20
15c
10-
1 Z/
9-15
30c
9-
_____
65c
.
Z
9-
1
8-15
1
9-
9
1
9-
9
10-
1
9-
9
10-
1
9-
9
National
10-
1
9-
9
Nesbett
10-
1
8-22
Newberry
9-
1
8-15
Newmont
10-
1
9-12
Niagara
10-
1
9-12
North
1
National
5%
50c
8-15
8-
9-10
8-25
9- 1
8-15
,
—
(Tenn.)
9-20
70c
9-15
8-26
Northern
4'4%
North
75c
9-
1
8-15
75c
9-30
9-15
9-30
9-15
8-15
8-10
Oak
Ohio
9-12
9-27
9-
6
9-27
9-
6
9-
1
8-25
9-J
1
8-15
9-
common
20c
'
$1.25
1
8-15
20c
8-31
8-17
9-10
8-17
50c
9-
1
8-19
9-27
9-15
50c
8-15
8-
9-
1
8-15
30c
9-10
8-31
$1.25
•
(quar.)
Paper
Co
Milling
&
9-10
62'4c
—
Corp.,
common
iquar.)_
Insurance
Co
District.
cisco
banks
Demand
increased
in
all
credited
deposits
districts.
to
domestic
Continental
Crown
-
Class
Borrowings
of
reporting
member
banks' decreased
summary
A
z 10-
Preferred
9-15
9-15
8-26
50c
(quar.)
Co.
9-10
8-31
10-
1
9-
9
11-
25c
—
1
10-
3
30c
Service
Co.,
8-23
9-20
9-
22'4c
com._
(quar.)
9-10
30c
(quar.)
preference
9-30
9-15
Package
Inc.
9-15
9-
9-
1
8-16
9-15
9-10
Parker
9-
1
8-15
Perkins
8-30
8-23
Pen
common
10c
Co.
40c
(quar.)—
(quar.)
Zellerbach
/member banks follows:-
334%
3%%
De
Ccrp
_
Power & Light, common
preferred A (quar.)
preferred B
Wait,
Inc.
(quar.)
(quar.)
1
9-
40c
'
Companies
10-
10-
1
9-13
20c
9-
1
8-15
45c'
9-
1
7%
>
(quar.)
9334c
9-
1
8-17
9334c
9-
1
8-17
Metals
20c
9-10
8-26
Pittsburgh
$5
8-
7-18
1
1
9-30
9-
,3
9-
8-20
1
9
9-23
9-
8-29
8-15
9-
8-19
8-31
8-19
40c
(quar.)_
1
30c
(quar.)
Corp.
Chemical Co.—
(quar.)—;___
2
•>'
8-20
8-10
50c
9-
6
8-23
9-30
9-15
87'4C
Coke &
preferred
Pittsburgh
1
9-
50c
$1.75
Corp.
(quar.)
Pfizer (Chariest
& Company, com.
3'4%
preferred (quar.)
Pettibone-Mulliken
1
9-
50c
Inc.
preferred (quar.)
8-17
9*
8-19
9-
9-15
10c
Pictures,
9
9-15
$1
(quar.)
Machine & Gear Co.—
Permanente
25c
3
9-15
Z
50c
_j
Co.
9-
20c
(quar.)
(quar.)
Machinery
Paramount
Is 6d
(quar.)
Co.
Co.,
Company
Omar,
$10
"
1
75c
(interim)
Confection
15c
:
8-22
8-31
10c
50c
,
Public
Indiana
Manufacturing
8-31
Corp.—
9-13
'
'
(quar.)
i
Insurance
convertible
Ordinary
40c
Mills
8-19
O'Okiep Copper Co., Ltd.—
$$2
(quar.)
(quar.)_„
Crown
Dayton
of the assets and liabilities of reporting
Mills
Cork International
Curtis
$104,000,000.
A
Textile
Z
1
9-23
50c
iquar.)
Bridge
Arch
9-
12'4c
(quar.)
Company
Corp
J.)
8-31
Co.
^—
Co.
Inc.
8
Co.
■
Consolidated
9
40c
Accident
Mining
River
9-15
2
8-25
_
8-15
1
9-
$25c
(quar.)
liquidating dividend
(One share
of
West
Kentucky Coal
Co.
common
stock for each
10 shares held)
9-
10-
8-25
Partial
8-19
9-12
8-15
9-15
34 %c
pfd.
(quar.)
American
9-14
1
1
$25c
(quar.)
5'4%
(quar.)
Lower
15c
10-
8-26
9-
40c
•
9-16
2
9-15 :,<■
55c
50c
Coated
Standard
(J.
1
9-30
$1
(quar.)
&
Fund,
ZZ 9-
9-10
35c
4
$1.75
Corp
Dehydrating
Discount
Life
8-12
25c
preferred
National
9-2
,
6
$12'4c
.
—.—.—
preference
&
Alfalfa
10-
8-23
1
9-15
9-
:15C
•
Corp.
10-
8-15
1
Specialties—
preferred
5%
8-13
9-15
/
8-31
9-
(quar.)
conv.
Gummed
Nashua
9-30
Ltd.
Corp.
Motor
class
$2
8-13
11-
Inc
Society,
Wheel
"
7'4c
(quar.)_
Hardware Co.,
preferred
(quar.)
Paper Mills
Motor
8-15
Z
1
30c
"
Co.
Moore-Handley
25c
(Toronto)
6'/4C
—
15c
;
Asociation
9* 6
8-15
6
Co.—
Service
Brewery,
Loan
Okonite
(quar.)
Corp
9-
Mosinee
—
___
_
5
75c
:___
Extra
9-13
$7.50
(Ky.)
9-15
8-
Z 9- 1
common
(quar.)
Power & Light
10-
$1.25
Co.
Corp.,
preferred
$1.75
Corp.—
8-31
1
25c
*
d$1.75
(quar.)—
9-15
9-15
10-
'
$1
Life
Quarterly
Confederation
Thermit
&
7%
d40c
<quar.)_
A
1st
Coca-Cola
Cone
9-20
1
9-15
9-30
;
8-19
9-15
(quar.)__
<—_—
8-22
$1.06'/4
Company
Conde
ZZ.
^
1
10-
X
1
8-15
(quar.)
1
10c
Coca-Cola
Commonwealth
Co.
1
$1.12'4
9-
9-
13 34 c
(s-a)
9^
$50c
Co
9-15
9-30
12'4C
(quar.)
common
9-
$10c
Corp. (irreg.)
Chicago Corp., $3 preferred (quar.)
;
Chicago, Rock Island & Pacific RR., corn.—
City
Ltd.
Maxwell,
$15c
Investment
2
9-1,
8-22
$3
Inc.,
H.),
10-
9-
9-
9-15
37'4c
Electric
Master
10-20
9-30
2
9-29
i
5c
—___
conv.^pfd.
$1.25
25c
Z, 9-
$1
(quar.)__
5%
8-15
$25c
;
9-29
25c
—
(quar.)__
com.
8-22
$20c
Light Co.—
preferred (quar.)
4(4%
Chain
Industries,
8-15
$31'4c
(quar.)
8-
5
8-15
9-12
$1
—___
1
$50c
ordinary.—
Z- 9-15
1
25c
(quar.)
1
Illinois
Century
Co.
9-15
31 (4c
(quar.)
8-19
8-31
10-
$1.25
9-
9
National
Building
Hollywood
8-19
12'4c
Inc. (quar.) _—
^
Ludlow Mfg. & Sales Co. (quar.)_____—__
Macwhyte Company (quar.)_
——
Marlon
Manufacturing Co.__
37'4c
Company, common
preferred (quar.)
7%
8-31
Stores,
35c
(quar.)
1
8-12
12'4c
D.)
$1.50
pfd.
A
5'9-
$$3.50
9-
1
8-27
Co.
(H.
25c
:
4(4%
Company,
pfd.
$5
15c
$37 (4c
8-26
10-
5c
933/4C
9-
1
8-8
9-15
31'/4c
$12'4c
;
1
1
5
9-9
8-15
$1
(quar.)
10-
11-
8-
1
10-
50c
•
Lincoln
-
8-30
8-31
8-12
50c
Corp.,
Minnesota
(quar.)
Co.,
9-16
12'4c
(quar.)
$1.35
.
Ry.
1
9-15
(reduced (_
Co.
$1.05
—
I.)
(J.
Supply,
Land
(M.
$5c
Pacific
(quar.)
B
preferred
$6
Lee
& Distributing Co.—
1
9-16
10-
34%c
———
30c
(quar.)
;
preference
conv.
1
75c
common
50c
(quar.)
Participating
Canadian
8-19
8-20
50c
Participating
60c
8-13*
2
10-
(quar.)
8-19
v
common
8-25
25C
(quarj___
Co.
8-19
—
Ltd., class A (s-a)
Ltd.,
preference
8-31
—...
15c
Ltd.
Canners,
1st
8-15
9-14
__
(quar.)
1
$10c
(quar.)
-
Ltd.—
Vinegars,
Canadian
1
8-22
1
».
9-
•
preferred—
non-cum.
9-
—
Engraving
Oil
King-Seeley
37'4c
Co.,
9-
25c
(irreg.)__
30c
(quar.)
Starch
9-12
____
Company (quar.)
Lima-Hamilton
Corp. :+quar;)_ji_.
12'4 c
preferred (quar.)
$1.25 prior preferred
(quar.)_.
Canada Malting Co., Ltd
Canada
8-22
$1.20
S1.06'/4
$1.12 >4
participating
$1.50
9-15
.
class A
(quar.)
Co.,
preferred
$1.20
1
10c
Cold Storage
9-
25C
8-19
—
California
9-15
30c
$$2.50
Service
Kerr-McGee
'
9-30
1
9-
8-19
10c
60c
_
5'4% pfd. (quar.)
5% pfd. A <quar.),__
Peanut
County
8-19
40c
(quar.)
7
Company
$25c
Co.
9-
$1.12'4
9-
(s-a)
Drug
1
$25c
W.),
$23,^0
Bigelow, common
preferred
(quar.)
Extra
-8-5
1
(quar.)
&
Brunswig
1
9-
(quar.)
British-Columbia Packers,
10-
(irreg.)Z
Corp
+25c
preferred
7
(quar.)^
9-15
(quar.)
preferred (quar.)
preferred
(quar.)
British-American Oil Co., Ltd.—
8
9-
Co., common (quar.)____;
$4.50
preferred
(quar.)
Kent Restaurant & Baking, 5'4%
preferred
50c
5%
Hills
8-
1
Drug
$1.75
(quar.)——
Co.
Ltd.
Co.,
Gas,
preferred
$5
••
Katz
1
5.40%
Class
9-
9-
8
8-
10-
1
_
Co.
&
Water
Jamaica
9-
.
4.20%
Brown
8-17
9-
(quar.)_
preferred (quar.)
Power & Light, com.
Son,
33/4%
-8-17
1
—
Quebec Mines, Ltd
& Hedges, $2 conv. pref.
&
1
9-
30c
Zv8-15
8-15
8-15
$1.25
$1
(quar.)-.
Works
Gear
Manufacturing
Bird
9-
$1.12(4
9-15
(
—
(quar.),
(reduced)
Co.
preferred
9-15
(quar.)
8-15
93 %c
(s-a)
Oilier
&
9-15
Belleterre
Benson
-8-17
—
Co.
9
9-15
25c
(quar.)
Company,
(Tom)
3.75%
■
Jahn
1
$1
_
_,
common
8-25
9-
(quar.)
Oil
10-14
(reduced)
———
1
1
5c
Paper Products, Ltd.—
Oil
50c
————.
common
(quar,)
(quar.)
Gossett
&
-8-19
11-10
9-
40c
__.__.j_—Z
Co.,
8-25
9-
12'4c
___
common
Co.
Pineapple
Public
Kern
(quar.)—
Company,
preferred
1
prior
Babbitt
10-10
1-10-50
75c
Corporation, common (quar.)--—_
preferred (quar.)
IB.
T.)y: Inc. (quar.)———_
Hardware & Mfg.—
D.
Iowa
9-
preferred
%
indus¬
trial loans
B.
$4
8-15
9-15
Gas
Automotive
purchased for foreign
ances
8-19
8-31
37 (4 c
A
9-1
10-
(quar.)
common
(quar.)„_
(Frank
Kerite
preferred
4'4%
Contingent liability on accept¬
9-1
1
Woolen
8-25
5c
(interim)
Industrial Rayon Corp. (quar.i
International Paper Coy common
9-
preferred
Atlanta
9-15
9-15
Archer-Daniels-Midland
5.0%
0.4%
55.6%
combined
3
8-16
37 (4c
preferred
American
$4
certificate reto deposit and F. R.
gold
liabilities
note
44.862,588
1
$2.50
Inc., 5% pref. (quar,)__^__
preference series A (quar.i
Corp. (London, Ont.)
(quar.)
B
1
9-
$2.50
______
Foods,
(quar.)„_--Z———
A
'Class
Hunt
Chemical—
&
Ltd.
Ltd.,
Plan Fund, Inc
Howe
10-20
62 (4 c
7,614
+
j
1
9-
$$1.25
10c
^—
2
9-
9-20
$2
(D. H.) Company, Ltd; (quar.)
Holyoke Street Ry. Co., preferred (quar.)
5%
50c
preferred (quar.)
Indemnity (Baltimore)
(extra)--—
12-
9-20
Huron & Erie Mortgage
10c
preferred (quar.)
preferred
(quar.)
1-3-50
/>•//;•/
Co.—
Holmes
15c
convertible
$3
Co.,
<C. J.)
Huston
(irreg.)
com.
8-19
$12'4c
Chemical
Hiawatha
$1
Corp.,
Insurance
Mines,
preferred
5%
75c
(irreg.)
10-10
$1
8-19
8-
8-22
50c
Company, common
preferred (quar.)
Hendry
-9- 1
-
2
9-
1
30c
,
10-
'
$1.50
(irreg.)
Co.
(irreg.)
A.)
(M.
Common
n
(quar.)—^
convertible
$2.50
Xajpitat Accounts—
Capital
Board
convertible
$2
9-12
(irreg.)
A
common
General
—2,555,168
40c
—
-
8-18
1
9-20
$1
(quar,)_
Utilities
States
Hawaiian
1
9-
1
2
8-17
75c
(s-a)
T.t
Hendershot
Holderi
10- 1
(quar.)
American
Common,
-
.
preferred
Corp.,
(initial)
com.
Company—
Stores
209,612
—
268,324
—
new
10-
1
12-
1
9-
31'4c
(quar.)
.
$4.25
Payable of Rec.
$37'4c
—
9-
$25c
Honolulu
$25c
common—
(quar.)
Company,
non-cum
Allied
Deferred availability
Paper Co., Ltd.,
&
preferred
1-3-50
Co
(quar.)
(W.
Horner
Share
of Company
11-10
10c
B
Harshaw
in our "General Corporation
and Investment News Department" in the week when
declared..
'
—557,505
21,833
1-10-15
Inc
common
preferred
Gulf
dividend payments in many cases are given
When
8-19
!s-ai
Stores
Hanna
The dividends announced this week are:
23,289,138
notes
Reserve
preferred
'
Per
8-15
9-
75c
preferred (s-a)__
preferred (s-a)_____
A
Grand
under the company name
±z
9-15
9-15
10-10
40c
(quar.)
preferred (quar.)
Great American Indemnity Co. (N. Y.)
Quarterly
Great Northern Paper Co.
(increased)
LiabilitiesFederal
2nd
Junior
Class
■
20.853
.
Total
9-15'
10- 1
•
7'4c
"
Rutgers Fire
Class
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
$$1
Mackay Stores, Ltd.—
current week.
247,564
—
119,565
—
assets
—2,960,232
20c
.'■r:-
(quar.)
< irreg.
31c
Gordon
grouped in two separate tables. In the
bring together all the dividends announced the
we
8-15
/
8-23
(irreg.)
Manitou
250
104
—
$5
DIVIDENDS
first
8-15
9-15
9-15
^
Golden
Grant
Dividends
Corp.,
preferred
5%
559,792
8-19
2
9-15
Co
preferred
Harvester
St
5%
-
228,593
+
87,100
—
49
110,496
2,238,502
premises
Other
671
109
+ 1
5,000
—:
18,744,415
foreign banks
from
F. R.
securities—
and
loans
Total
Due
1,711
Globe
—1,512,500
1,000
—
Total U. S. Govt, securities- 18,605,995
*«•;'
237,500
—
9-
50c
deposit accounts, except
U.
S.
Govt,
accounts,
—3,236,117
156.400
—
4,089,195
6,389,000
352,600
7,775,200
-
8-31
40c
pfd.
(s-ai
Stores,
preferred
3% %
Notes
Bonds
407
York
154,872
—
U. s. Govt, securities:
Certificates
12
First
$2
380
and
1
9-10
7'4c
495
8,533
during week z
1
9-
25c
conv.
Ltd.
& Smelting
National
_r
interbank
29,092
+
—
160,450
—
526
,
7,628
—
905,569
+
5,854
—
reserves——
cash————---—
Total gold ct.
23
177
—
1,364
demand
10-
1
-
Mining
First
401
banks
to
1
10-
10c
Inc.
Trust,
common
convertible
Federal
21
Gleaner
Borrowings
11-
Enterprises, Inc.—
$1.25
523
2,063
Interbank demand deposits:
Domestic banks
Debits
Other
-
+
46,282
15,297
deposits,
Foreign
—
503
+
—
1
banks
deposits adjusted
except Government
Government deposits
—
Time
$4
_
preferred
Federal
Liabilities-
1948
10,000
+
————»
domestic
with
1
$25c
$25c
*
50c
Electric
convertible
$3
1,479
+
27
13,034
Banks
Reserve
vault—;
Demand
Aug. 11,
V,
.
$
22,757,429
■
certificates
Gold
in
Balances
(—) since
1949
Federal
with
Co.,
Corp.
District
20c
1,426
+
—<
Investment
Economic
Electrolux
Terasury certificates of indebtedness
securities—Total
bonds
10-
(quar.)
Chemicals,
68
270
—
—
1
preferred
&
2
750
S.
Plastics
2
300
U.
convertible
$5
Durez
7
bills
1
'
1Z
...—
Co.
Natural Gas
Duquesne
183
Cash
Aug. 3,
Aug. 10,
,
30
Treasury notes
Increase ( + ) or de¬
crease
Dunn
2,603
Reserve
dollars)
thousands of
(In
173
2
226
Other securities
Reserve Banks
566
52
+
9-
11-
Ltd.—
Co.,
c
Products
8-19
$1
Chemical
(quar.)
Steel
/
1
$25c
(quar.)
St
trust certificates (quar.)__
preferred
(quar.)
Duncan
Electric Mfg.
(quar.)
35,773
Treasury
of the 12 Federal
Tar
264
Government
S.
preferred
435
———
(quar.i
common
119
+
837
banks
loans
Co.
'
(quar./
Voting
683
loans———
estate
Realty
Corp.,
Common
1,796
60
—
&
$1
purchasing or carrying:
obligations
for
4%
Alkali
Dominion
pur-
Government
S.
Other
(J.
Statement of Condition
/ 581
Other securities
tin Volume 169.
Announcement in this issue,
129
obligations-——.
Government
S.
Loans to
*
128
Other securities
"".'•;/•••
400
Oct
$2.40
-399
Oct
+
+
:zZZ/ZZZ;Z/<'z/Z:
chasing or carrying:
U.
pfd. stock—
bonds, due 1951Co.,
Products
Food
Mlckelberry's
397
/'"■•
"
Z-3:3
due 1957—:——
Works Co.—
5% bonds, series A,
Water
1st
Jan
Dictaphone
23,159
:
12,831
for
dealers
and
brokers
to
Diamond
645
and agricultural
loans'.
Loans
628
23,465
*
—.
Mortgage
338
+
63,796
,
-
industrial,
Commercial,
los
—
preferred stock——.
Fireproofing Co., 7%
General
Sep
;•//•-.
;
Investments—Total
and
Loans—net
104
preferred stock—
5%
Co.,
Refining
Loans
//V/.:'/.
'■/'//':/•■
'■
Loans—gross.'-
Highlands, N. J.—
bonds, series A. due 1952
County Gas Co., Atlantic
1st
Assets—
2
1
1
-Sep
Detroit
(In millions of dollars)
Plate
Glass
Co
—,
$1.25
9-
1
8-19*
25c
10-
1
9-10
Volume
170
Number 4829
THE
Share
preferred iquar.)
Plywood,
Inc.
(reduced)
Portsmouth
Rath
Steel
Packing
Reeves
Co.__
35C
25c
iquar.)
Pictures
4.50%
Ross
Gear
&
9-10
10-
9-
Tool
25c
10-
1
9-
90c
10-
1
1
1
30c
Rudd
Melikan,
Class
St.
B
Inc.,
class
Security
Company
Shattuck
(Los
(Frank
Sheaffer
1
8-15
American
9-
1
£-15
American
American
8-
1
8-15
8-
L
9-10
8-19
10-31
9-23.
American
Re-Insurance
9-15
9-
1
American
Safety
$1.30
8-22
8-15
American
10c
9-22
9-
(W. A.)
Pen
Co.
_
(quar.)
10c
Corp; of
America,
Silknit,
Ltd.,
5%
preferred
Southwestern
Staley
Telephone
(A.
$3.75
E.) Mfg.
preference
Accident
Standard Forgings
Bros.,
Baer
&
Storkline
Tilo
Ltd.
Fuller
Sugar
Tobacco
9-15
9-
1
American
Vitrified
9-
8-15
American
Zinc,
(quar.)
40c
(quar.)
(quar.)
Corp.
(quar.)
Treesweet
Stock
9- 2
9-15
(quar.f-
8-25
31J/4C
!
10-15
.dividend
.
share
for
of
5%
United
National
Non-.cum.
[■y% 7%preferred
U;
8.
.8%
Van
1
9
8-16
20c
(quar.)
common
$1.75
10-1
10-
Products
Virginian
Railway,- common
preferred
(quar.)
>
6%
preferred
preferred
(quar.)
8-29
8-18
9-
11-
37 (4c
$5
Disinfecting
preferred
37 %C
8-1-50
9-15
Co.,
Electric
West
Penn
Power
Westeel
Co.
Willson
45c-
(quar.)
pfd.
Inc
9-15
8-
Co.
9-10
':,g,9-
$1.06(4
10-
1
Refining
9-
1
Atlas
25c
9-
7
8-24
Corrugating
Below
Co.
(quar.)
25c
9-24
dends
this
.
Name of Company
.
ABC
Vending
T
:
-
share
,
Inc—
A
F.
Abstract
Acme
Title
Wire
Corp.
Co.
20c
Akron
Shoe
Radio
&
Products, Inc.
Alberton
Ltd.:
8c
.___.
Finance
Allied
Gas
$2.50
']
Allied
Allied
All is
preferred
Corp.
Co.
common
preferred
(quar.)
Arch
America
Inc.,
Business
Chain
.American
(quar.)_
True
Temper
Furniture
American Gas
&
Electric
6%
convertible
''American
American
Home
1
8-19
3
8-15
,
v
8-20
8-
8-15
7-21»
1
5
10-
1
9-15*
10-
3
9-15*
10-
$1.75
1
9-15*
40c
9-15
9-
9-15
9-2
9-10
8-26
(quar.)__
12V2c
8-31
8-20
12%c
8-31
30c
9-15
Y"
2
8-20
,
8-31
changed * to v'V*V- • V\>v:
5c
(quar.)
(monthly)
8-
5
;V;'
..
4%
9-15
10-
'
75c
Limestone
Cement
&
;
1
!
8-16
9-2
k
preferred
8-31*
Tobacco
Bros.
preferred
Moon
Blumenthal
10c
9-
1
8-15*
$2.40
9-
1
8-5
N.
Real
&
Co.
Club
Bourjois,
Inc.,
$2.75
1
8-15
9-
1
,8-19
8-15
7-29
8-15
>:? 7-29
8-20
..8-12
50c
10-
9-20
1
:
8-15
9-
1
10-
1
—
!
7-25
8-
8
9-
2
9-
1
8-12
9-
1
8-12
25c
8-15
8-
1
75c
;
8-15
Central
Co.
Co
A
(quar.)
—
Bristol-Myers Co. common
3%%
preferred
(quar.)
Co.
——
preferred
Cherokee
8-24
8-10
5%
Citizens
15c
9-
1
8-17
10-
1
1
8-11
8-25
16c
8-25
7-29
9-
2
8-25
50c
8-25
8-15
\ 8-15
8-
1
9-20
9-
6
8-15
7-30
8-15
10-
1
8-15
}>
1
9-
6
11-
1
11-15
i"
8-20
10-20
9-13
9-
1
1
8-15
10-15
25c
9-30
9-
9-
8-15
1
8-31
8-15
8-25
8-10
17 %c
9-
1
8-10
9-
1
8-10
9-
1
$1.05
com._i
27 %c
;
2c
(quar.)
$1.25
(quar.)
8-10
9-
9-15
1
1
8-1
9-
.
9-
1
; 8-15
25c
—_________
8-31
30c
common——
v-
Co.
>'
50c
—
Co.
Service
8-31
8-15
9-30 '
9-17
8-15
8-
9-
8-10
$1
40c
(quar.)—
'
Y
8-
1
1
Corp.—
Public
85c
(quar.) ____—"
—
Products.
9-30
20c
8-31
40c
8-15
9-20
1
7-29
8-
5
40c
Co.
8-
8-15
8-
1
17c
Corp...
8-15
50c
(quar.)
Service
Fibre
1
15c
(quar.)
8-15
8-
5
9-
1
T5C
9-15
40c
8-25
50c
(quar.)__—__—
common—
9'
10-
1
5
8-10
»
8-12
Ltd., 5%
pref (s-a)_
1
9-13
9-
1
8-15
10-
1
25c
(quar.)
B
3"
9-
12-
V
Co
common
&
1
$1.12 Vu
10-
1
9-15
$25c
9-
1
8-16
9-
1
il.12%
$1
25c
$1
Mills.——
-
9-15
8-23
4%
4%
preferred
8-15
8-
9-
1
8-20
25c
10-14
9- 8
50c
8-31
8-12
5
20c
8-15
9-14
8-15
35C
8-15
7-15
8-
5
$1
10-
1
9-15
35c
9-
1
8-10
$1
9-
1
8-10
$1.25
(quar.)
—
Machine Co., common—_
(quar.)————
—
Milling
preferred
25c
25c
$1.25
9-
1
B-l»
Cincinnati. New Orleans & Texas Pacific Ry.
preferred (auar.)—
8-11
1
8-13
50c
Corp.
(quar.)—
Textile
Cincinnati
9-16
9-
9-
9-23
8-13
8-25
50c
Chrysler Corporation
Cincinnati Gas & Electric, oommon__,
9-26
40-15
1
8-25
*
9-30
40c
10-
12(4c
$1
Chesapeake Corp. of Virginia (reduced)—
Chicago Yellow Cab Co
—
Chickasha Cotton Oil (quar.)—
Chile Copper Co,
(reduced)
Chilton Company (quar.)
8
93%C
8-15
50c
•4quar.),
Paper
Chatco Steel
8
75c
—
7-29
1
50c
$4.50
preferred
(quar.)_____
——
Chapman Valve Mfg. (special)--——
Chase Candy Co., 5%
conv. pfd. A (quar.)
1
25c
S8-20
9-
—
West
Vermont
Chain' Belt
8-
U2V2C
(quar.)
(quar.)
1
62 %c
Century Ribbon Mills,. Inc.
8-
6834c
9-
8-15
37 (4c
(quar.)
•———.—
Champion
8-
50c
—
1
37 (4 c
Central Surety & Insurance
7
50c
—
—_
9-
(quar.)
(quar.)
Co.
Co.
Soya
8-13
9-
1
1.—________—
Electric
South
Extra
25c
60c
(quar.)
Rubber
0%, pfd.
——
(quar.)—
1
1
10-
75c
'
__—
—
99-
t30c
__.
(quar.)___
preference
Eearing
Ltd., class
8-
:? 8-15
60C
Estate Trust (quar.)
Roller
Co.,
8-17
$1.50
(quar.)——
&
9-1
1
12J/2C
Hose
&
$1.50
Company (interim)—
Manufacturing Co
Boston Woven
Paper
Central
$1.75
(quar.)
Inc.
Central
8-15
1
50c
Foods-
Fund.
8-15
>60c
1
1
$$1.25
(quar.)
(quar.)
Power
1
9-
,25c
common
Y.
1
8-15
7-15
8-15
10-
10-
(quar.)_______
Public
preferred
9-
5%
—
Co.,
(Sidney)
3.40%
9-
t5c
(quar.)
Book-of-the-Month
Bowes
Louisiana
Co.—
(quar.)_
Co.
Bloch
Bower
9-12
Central
Central
9-
<llr25
t$l
lquar.)__
Illinois
4%:-preferred
8
12'/2c
8-25
12-15
Co., Ltd.—
Foundry Co., 5% preferred
Hollywood Building
2
8-31
>•
$20c
pfd.
Central
8-
1
8-12
9-15
720c
<quar.)_____—_________
8-26
10-
9-14
V
I
t$2
Gas
Warehouse
8-
t$1.75
CO
$15c
—
(quar.)
Co.
Storage
8-22
>
9-15
9-28
$$1
$15c
preferred
$1.10
Central
•/
1
—
(quar.)
8-16
35c
8-31
10-
Trust,
preferred
1
J25c
1
$$2.50
preferred (initial quar.)
Light & Paper Co.
9-12
(quar.)
8-31
10-
'
$20c
Ltd._
Arizona
9-
75c
cl, A
1
1$1.25
5%
common
9-1
(increased)
Blaw-Knox
Boston
Corp.
8-17
—_——
8-31
10-
preferred
8-2
Associates,-
Sons, Ltd.,
fquar.)
Bigelow & Sanford Carpet Co., Inc.—;
Common (quar.)
67c
preferred (quar.)—
Blauner's (Phila.)
common
(quar.)
Blue
Products
Cold
30c
8-15
8-31
1
Administration Ltd.—
A
(quar.)
i
.
1
1
preferred
Capital City
Detroit
$1.06%
(quar.)
9-
(quar.)
3
•
preferred (quar.)
Company (^quar.)
Steel Corp. common—
67o
preferred
Central
8-31
6
1- A
10-
:
Ltd.
Corp.,
9-
—
7%-preferred
$3
9-10
1
10-
2
10-
—.—
Ltd.
$2.50
10-
11-
2-2-50
Ltd—
_i_-.w_.__
Natural
Central
20c
1
1
$18%c
common
—
Western
9-10
>
8-
8-
'
Ltd.—
Co.,
Utilities,
4.20%
t$l.50
&
Boston
75c
:
&
8-C2
Investment
Tire
Central
Borden
8-15
$1.1834
Spinning
8-22
(quar.)
8-16
25c
(quar.)__i-___-,-*_—
(quar.)—
Common
Boss
' IS
common
$20c
(quar.)__
(quar.)____
V:i 9- 1
$1.18%
Bethlehem
4c
$3
__
(s-a)
Bessemer
Best
1*
_______
Co.—
Fine
(John)
B
9-
50c
was
Class
9-
75c
common
Bertram
'•<%
9-1*
8-15
$1.75-
(quar.)
•
Co.,
preferred
(quar.)
(quar.)_.
Carson. Pirie, Scott & Co., 4(4 % pfd. (quar.)
„„v
^
8-31
Corp.,
(quar.)
9-
—
Corp.
8-12
1
Cos., Ltd.—
5c
Inc._—
Shoe
Howell
&
414%
Oil
8-29
1
10-
(accum.)—
Lamp Co., Ltd.—
20c
—
9-15
V 9-
_____
preferred
preferred
Central
1
1
'•8-10
Co., Ltd.—
preferred
1
10-
9-
1
9-
$50c
preferred
4%
9-10
10- 1
8-19
9-20
$25c
1 $1.12%
(quar.)
10- 1
1
9-20
:—
Central
(quar.
Manufacturing Co.
10-1
8-31
•"
S.)
10-1
;:,J 9-15
(quar.)
preferred
Indemnity Co.
9-
9- 1
75c
(annual)
Leather Co.—
Products
8-16
$1.25
i.
quarterly
preferred (quar.)
American Hide &
8-
1
15c
______________
com.
1
9;
-40c
-
iquar.)_
Increased
4%%
Bell
Machine
75C
:iv;
preferred
Berkshire
9-
fi
..V V
Corp.
Co.
8-19
9-9
40c
(ouar.)
name
9-
9-
;
(quar.)__ 1 $1.12%
com.
Investment
(quar.)
$37%C
—
Belden
(reduced)
Belding-Cortlcelll, Ltd., common (quar.)
7 7«
preferred (quar.)
Belding Heminway Co. (quar.)_—
8- 8
9
10-1
$1.25
(quar.)____
;
American
87J/2c
$1.25
American Fork & Hoe Co.,
1
8-12
50c
__________
Co.
Extra
July
9-1
9- 3
03%c
(quar.)
(quar.)
Forgings & Sockett Co.
Effective
12 %c
Ice
A
Carrier
:
,
$32 %C
$25c
Capwell, Sullivan & Furth,
6%
preferred (quar.)
3
10-
$1
9-16
;
50c
15c
k
8-31
9-30
.$i
.
$2.50
(quar.)
Foreign
$12'/2c
Mills.
(A.
9-16
$1.06!
common—-
.
Caterpillar Tractor Co.—New
common;. (initial)—
10-20
$1.75
Clears, Inc.
Terminal Corp.—
4%%
8-15
J50c
(quar.)
Co.
Seelig Manufacturing
class A. (quar.)-—.-.
Beaunit
Beck
7-30
Cor
pfd.
Cable
Bayway
)
Shares
&
preferred
American Chicle
8-15
9-10
—t25c
pfd.
American Car & Foundry
Co., com.
7%
preferred
(quar.)
5%
Bayuk
8*
30c
Co._____^____________
Can Co., common
preferred (quar.)__.
American
25c
40C
(quar.)
'It.;Extra
8-19*
.
(quar.)___
American
.
q.22
9-
■___
Corp.. 5%
i
9-5
:V
Bosch
9_
9-30
.
3%%~
Line
American
/*
8-22
common......
Barge
American
-
9-14
I
d40c
Co
preferred
American
7%
1
9-
87 %c
American Automobile Insurance
American Bank Note, common
6%
10-
9-
9-15
7-30
$25c
Carpenter Paper Co., common
4%
preferred (quar.)
9- '1
15C
8-31
,'
Ltd.—
Ltd.,
Products,
preferred
30c
&
Class A (quar.)_—
9-13
....
preferred, j(qUar.)_
American
;■•■,
8-15
9-15
25c
'
_
Bathurst Power & Paper Co.—
dSl'Ac
(quar.)___
Aluminum Co.-of
Canada, Ltd.—
4%
preferred (quar.)
t
Airlines
5c
(quar.).—
common
33y8c
$15c
(quar.):
$3
8-15
Show
7-30
7-30
7-30
(quar.)
Carpenter Steel Co.
1
Radio
preferred (called for redemption Sept.
$11 per share, plus this dividend)
A
5%
Capital
(
12-13
9-
8-15
8-15
•
Co.,
Ingersoll-Rand
4%
8-16
10- 1
8-10
;v 8-15
'_
Co.,
Canadian
8-12
1-2-50
at
62 %c
1
Food
International
8%
1-15
8-31
1
7-30
:
1
Insurance
Dock Co.,
St
Canadian
•9-9
V
8%c
Barnsdall Oil Co
35c
1
8%C
$1.20
8
1
9-
(quar.)
8-
10-
2-1-50
.18- 1.
(quar.)
Barlow
1
-40c
'(quar.)
Mfg. Co.,
of
8
25c
il-,1
9-
62 %c
10-15
preferred
8-18
■?
4-15
Foundry
Canadian
2-15
$1.12
8-15
$25c
Common
3-15
preferred
8-10
■
3-1-50
3
27 %c
Ltd
:
Forgings, Ltd.—
4%
1-15
5.1-50;;
9-
(quar.) >;
pfd.
Life
5%
12-15
4-1-50
8-
8-1&
'
$25c
&
Common
11-15
4C
1
9-15
;
15c
(quar.)
Dredge
Canadian
10-15
1
9-
,
8-18
,
9-15
.V
50c
''*•
Sugar,
&
Common
Corp.—
8-15
(quar.)
Alloy Cast Steel Co.: (guar,)
Alpha; Portland Cement Co_
Altes Brewing Co. (ouar.)
Aluminium; Ltd. (qu"ari)_.
Co.
Steel
9-1
(quar.)
convertible
American
8-25
8-
1
2-1-50
preferred .(guar.)
preferred
$1.12
(quar.)
&. Wilcox • Co.
Locomotive Works, 7% pfd. (quar.) ;■; $1.05
Building, Inc. (quar.) ____________
1
$1.50
25c
15c
Allis-Chalmers
$3.75
9-
11-
12-
1-1-50
5
$37%C
Canadian Motor
9-15
4c
..
Car
Class
Ltd.,
8-15
4c
7
8-
50c
States
Canadian
8-15
4c
;—
Bancroft (Joseph)
& Sons Co
Bangor Hydro-Electric Co. common
7%
preferred (quar.)——
4% preferred (quar.)
4(47o preferred (quar.)
0-18
1
> 8-15
25c
___
Aluminum
10- 1
4c
10-
9-lf
8-31
——
Canadian
8-16
>
10-28
25c,
(quar.)
A
Class
»-19
4c
]
37%c
J.
Products
(Louis)
3(4%
(quar.)
Co
Co.,.<quar.)
Laboratories, Inc.
Extra
'■■■■.
1
1
10- 1
4c
-t.,
V.
Porcelain
9-
9-
7
?25c
(quar.)—
common
4.40%
Safeway, Ltd., 4>/2% pfd.
Breweries, Ltd. (quar.)
Canadian
8-19
9-1
;r
i 4c
(monthly)
6 7c
5
10-
$3
50c
Kid
5%
8-
4c
v
—
"
&-15
25c
■;
(monthly)
Baltimore
7-29
8-15
8-10
25c
(quar.)—
(increased)
.
(s-a)
Vicksburg Ry. (s-a)
Allied
6
8-1
1
8-15
1
9-
7%
Co.—
Corporation
Allied
9-
8-30
7%
9-30
$15c
8-25
tlOc
(monthly)
(monthly)
Balfour
8
9-10
10-
Reduced
8-26
$12(4c
of America
Co.
(monthly)
Baltimore
7-29
8-
9-20
10-28
$1.12%
—
:
A
4(4%
8-22
40c
(quar.)
8
(quar.)_____—_____——
Dominion
Canadian
8-15
9-15
8-
(quar.)_
Co., com.
Service
Foundries
$1
8-15
9-10
1
20c
(quar.)__
Quarterly
7-29
9-12
Power
&
Canadian
8-12
50c.
(monthly)
1
Youngstown RR.
preferred
Alabama &
8-15
$1.25
Stores,
Corp
Canton
25c
/
8-
1
8
9-
$25c
8-12
9-
8
8-
Common
7-30
;
8
8-
1
'
Canadian-Fairbanks-Morse
8-12
1
$1.50
Electric Service Co., Ltd., common..
A (quar.)—.
———
$4.50
Engineering Co.—
preferred (quar.)
Aircraft
8-15
8-15
-8-16
1
9-
15c
Baldwin
Holders
Payable of Ree.
25c
Mortgage Corp. Class A
(reduced)
Agnew-8urpass
5%
(quar.)
25c
&
Aetna-Standard
;V5%
When
9-
1
8-
1
9-
30c
Refrigerating & Terminals Co.—
(s-a)—___—
Class
1
$1.75
50c
$4.50
9-
8-15
9-
Ltd..
Babcock
Per
9-15
1
9-
$30c
preferred
Canadian
8-29
40C
9-
(quar.).
Co.
preferred
preferred
Canadian
8-29
$1.50
Common
(monthly)
Common .(monthly)
week, these being given in the
9-15
IOC.
.
Water
8
>'9-15
,
5%
Class
1
30c
(quar.)
Common
::preceding table.
Vv:,.'
30c
(quar.)
(quar.)
t
$30c
Canadian
8- 3
9-
8-20
(semi-annual)
Canada
8-15
1
9-30
$30c
—
9-
8-25
9-
;
1
—
Machine
Adding
Canada
9- 1
9-15
50c
9-
•
8-8
9-
$1
'
9
87 %c
(quar.)__
Canada
9-15
1
9-15
25c;
Corp.
Common
.
10-15
:.
$1
:
Co.
Common
we
announced
40c
93 %c
8-
(participating)
Cement Co., Ltd.—,
preference (quar.)
Canada
Crushed Stone, Ltd
8-15
$1.12%
8-15
1
$1
$1.30
9-15
$1
Mills, common
Common (monthly)
give the dividends announced In previous
weeks and not yet paid. The list does not include divi¬
.,
I
9-15
10-
1
9-
Canada
7-29
9-30
Mines
Common
V
20c
$1.25
(quar.)..'
-
7-29
I
62y8C
(quar.)
common
Avondale
9-15
9-
9- 1
9-
25c
(quar.)
preferred
Camden
T 9-15
(quar.)'
Common
$1
$15c
$$1.12%
8-15
—
.Special
8-15
8-16
8-15
Ltd.—
Bros,,
5.30%
18-5
9-15
;
1
1
9-
87 %c
preferred
California-Western
-Co.
1
Concen¬
(quar.)
Packing Corp.,
(quar.)_:
5
8-16
6
9-
—
California
5
8-19
9-
8-25
(quar.)
Electric
5
8-
8-
.1
9-..1
Class
8-24
9- 7
(quar.)
8-
1
9-1
10c
Automatic Canteen
8-19
1
V 9-
9-15
37 %c
&
:
California
5%
8-
.
37 %c
_________—
Mining
4(4%
5
8-15
20c
Corp. .(quar.) _____1——
Diced
Gold
Allied
8-
?!9-
Tack
Avon
1
50c
Powder
Auto
9-
~75c
RR
Co.
Corporation
Aunor
.
■Extra'. _'
York
12-19
Corp.
Atlas
8-20
30c
12-23
(quar.).
Line
Atlas
8-31
(s-a)
S3
(quar.)
preferred
Oil
9-12
9-1
(quar.
1st preferred
Atlantic
8-31
9-15
9-23
1
9-20
20c
Butler
12-19
(quar.)
preferred
2nd
Atlantic
I"' ,8-15
35c
9-30
12-23
8-19
1
45c
Butterfly Hosiery Co., Ltd., com. (quar.)
Byers (A. M.) .Company (quar.)__.
Byron Jackson Co. (quar.)
—
1
25C
Coast
5
$15c
8-
10-
$1.25
(quar.)
A pref.
B
8-19
9-
9-15
,
$1.25
Burton-Dixie
-7-26
1
(quar.)_.
convertible
Atlantic
8-25
8-15
_____
___
(J. C.),
Ltd.
___™_.
Winter & Hirsch, 7% preferred
(quar.)
Wisconsin National Life Insurance Co.
Governor
25c
2
Co.
&
Burroughs
1-21*
9-
~15c
Atchison, Topeka & Santa Fe Ry.
8-25
25c
Wilson
Woodward
9-15
;
Co.
7%
9
20C
Company, common
preferred (quar.)
Refining
9
9-
15c
(quar.)_
&
$4.25
9-
9-23
+50C
+
6%
9-30
50c
_
Co.
Oil .&
8-20
'■
9-
12 (4c
common
6%
8-20
1
,
Ltd.
Utilities,
Products,
1
9-
.
_______
Western
9-
(increased)
Co
Products,
Extra
25c
$1.25
lquar.)___
common
Gas
Corp.,
25c
1.
common
2nd
preferred
.Class
8-10
/.
of
1
15c
Co
Mills,
conv.
Burns
; 10-22
1
Aspinook Corp.
8-15
I
9-
Co.)
share
9-
15c
(quar.)
Mfg.
California
(quar.)
preferred (quar.)
$5
Ltd.
8-15
11-
1-31-50
Co. common)
Corp.,
7-17
$1
$1.50
;$1
Associated Chain Stores Realty Co. (initial)
Associated Pry Goods Corp., common (quar.)
4-17
6
1
25c
preferred
Co.,
Western
Steel
$1.20
1-16
5-1-50
s-a)
(quar.)
Penn
convertible
Ashland
10-17
2-1-50
37 y2c
9-15
West
Wilson
1
37 (4c
___________
___________
(Vith
Carpet
9
10-
11-
$15c
(quar.)
1
(quar.);.—
Sullivan
&
preferred
4%
stock
com.
America
of America
Asbestos
8-15
9-
of
of
8-15
9-
____
(reduced)-^
Inc.
3'/2%
1
50c
share
Artloom
8-18
.
62V4C;,
Extra
v,
1
8-29
9-23
10c
6%
preferred
(quar.)___.
Wacker-Wells Building (Increased
"West
1
8-
y'i 25%
—
8-15
9-15
(quar.)
common
3V2%
Class
$4 preferred
(quar.)__
Art Metal Construction Co
8-22
9-
,
$31 (4c,
<quar.)_
(quar.)
(quar.)-
6%
9-10
50c
9-15
•;$i.5o1:
(quar.)
9-15
iquar.7_______
Line
Co.
Burlington
9
10c
4Va% conv. preferred (quar.)
Armstrong Cork Co., common
$3.75 preferred (quar.)—
9-15
8-22
'9-9
$2
50c
_______
1
9-10
50c
9-
Co.
preferred
Hill
Burkhart
6*
9-27
prior
trating
8-10
•
C/2
dividend
Arkansas
9-15
$1.75
(quar.)
9-
1
Pipe
Company,
Bunker
8-25
3
common
Cream
Edison
9-15
$1.25
common
$7%c
<quar.)_—________________
Falls
Bullock's,
5
9-
common—
V
Co.,
8-
8-31
10-
(reduced)
Corporation, Ltd., common
Armco
9-15
9
Corp.
41/t %
7-28
5
1
Raalte
6%
10-
$1
Co., common (reduced).preferred (quar,)_
1st
8-
9
8-
$1
Co.,
Diced
Oil
Argus
8-20
9-
preference..
Co., Inc.™
Virginia Dare, Ltd., 5% preferred
Virginia Dare Stores,-class A—
/
9-
75c
Mills
$5
8-12
8-
8-30
$1
(quar.)
dividend
..Cream
$1.25
8-31
8-30
(quar.)
(quar.)
8-15
(quar.)
com.
Ltd J
(quar.)
Stock
Rubber
Universal
.
of
"
Corp.—
Cotton
Arizona
participating
U, S. Gypsum Co.,
1
Extra
pfd
8-15
10-14
9-15
Co.______—
Fund,
75c
Smelting,
participating preferred
Participating
shares
J
&
$3
Argo
preferred, (quar.)
Elastic Corp; <quar.):
United
Forge
Bullock
Buckeye
5
$1.75
(quar.)
Products, Inc.
(quar.)
Farms
5
8-20
,
Midland
eachv five
Post
Stock
8-24
1
Buffalo
8-
60c
pfd,
7%
Products
Lead
preferred
preferred
Arden
-held),
■
:i*
-(One
common
9-
10-
9-10
20c
8-25
1
8-16
75c
6% .preferred (8-a)
8-25
9-10
9-
Hills
Budd
(quar.)
preferred
Common
8-19
15c
common
Co.
Arcade
9
25c
Corp
'
Foundries
8-19
8-
>
preferred
Buck
2
12 %c
Anglo-Canadian Telephone Co., cl. A (quar.)
Anglo-Iranian Oil Co., Ltd. ordinary (final)
Anbeuser Eusch. Inc
9-15
8-15
7-29
25c
8-31
IV
75c
System/
Industries
8-19
15c
Producing
Gas
6%
25c
Underwood Corp.
TJnion
6%
8-22
>: 9-10
V 8-29
Corp.__
Co.
(quar.)
Williams Steel Forgings
Products Co., $1.25 pfd.
&
Anchor
9-10
25c
Chemical
&
8-26
.
2
10-
25c
._
>
prior
8-30
$20c
Co.
5
9-20
9-
20C
Roofing
Transue
9-
94c
______
8-25
$5
Co.
9-
(quar.)_L__
Refining,
1
10-31
28ysc
—._—
9-24
30c
Steel
American
(quar.)
preferred
9-10
$5
8
12 %c
(quar.)
common
8-15
(quar.)_
American
9-
30c
•
Co.,
25c
(quar.)______
8-18
90c
(quar.)
Mfg.
9-20
25c
Corp.
1
$7V2c
B
30c
Smelting & Refining Co., common
American
36 (4c
Y.)
8-10
9-
—
(quar.)__
Brunswick-Balke-Collender
Sanitary
American
1
9-15
11-21
8-
1
$30c
___
A
8-18
-
9-
17 (4c
1
1
9-
—
(quar.)
class
9-15
$1.75
(N.
Co.
8-31
1
12-
'
9-
25c
Extra
4%%
7-26
40c
common—
Ltd.
$1.25
pfd.
Standard
Razor
Seating
8-15
20c
(quar.)
&
Extra
9-15
_
5%
(quar.)
9-15
_
Co.
preferred
8-25
<quar.)__
common
Corp.
Products
Gulf
iquar.)
(quar.)
Furniture
Tennessee
Texas
Co.,
Insurance
7%
$50c
_
Standard
Stix,
Co.
Co.
8-22
;
25c
____
1
$1.12%
common
$15c
1
9-
Holders
8-16
$1.50
(quar.)
preferred
Brunner
'
8-15
(quar.)__
.1
(quar.)
States
Carbon
Stedman
A
common
Speer
-
class
8-25
.
Radiator
Corp.,
2
20c
___■
$1.12%
Lines,
$1.12%
(special)
8-22
Co.
Mills,
Class
8-31
1
(increased)-,
47
Payable of Recf
■*
50c
(accum.)
$1
8-15
(quar.)
9-10
Co.
preferred
Co.
Shoe
$3.60
Bruck
8-26*
9-
(quar.)_
Co._,____________^____^__
Pulley
Brown
*
:
Gas
Rubber
When
Share
Co
Union
Co., 67o
Brown
9-15
20c
Co._
President
9-15
t
25c
(quar.)_____^___________
Meter
15c
iquar.)
Angeles)
Company
G.)
A
(quar.)
preferred
9-
Extra
Shoe
4xh%
American
Brooklyn
9-15
9
8-20
Ltd
preferred
1
9-
$5
Syndicate,
4y2%
10-
35c
class
Laundry
75c
Mining
Farms,
31 (4 c
1
preferred
1
8-15
1
preference
$2.50
Arabian
1
10-
4V2 %
8-19
A__
9-
10-
12V4c
_
Seabrook
1
9-15
37 (4c
:
28 VeC
+6(4c
Joseph Lead Co
Saudi
9-
20c
Corporation Hquar.)
Royal Crown Bottling (quar.)
Royalite Oil Co., Ltd. (irreg.)
9-
Motor
Brown
31 (4c
8-20
Rowe
1
Machinery Co. (reduced)
American Machine & Foundry Co
American Metal Co., Ltd., common___„_____
9-10
9-
10-
(quar.)____
American
9-10
10-
(quar.)
conv
Per
Name of Company
Illinois—
of
preference (quar.)
4V27o preference (quar.)
9
30c
Holders
Brockway
5%
6*
$1.12 V2
iquar.)
Co.
(635)
Payable of Rec.
(Newark, N. J.)—
45c
Investment
Common
8-18
3
When
Share
,
Co.
Increased
American
$1.25
preferred-; (accum.),
;
(R. J.) Tobacco, 3.60% pfd. iquar.)
preferred
iquar.)
r
Reynolds
8-15
1
Corp.—
convertible
$1
8-19
9-
37 (4c
—
Inc.
Bros..
Republic
iquar.)
8-20
8-31
$1.75
5c
Corp.
1
9-
CHRONICLE
Per
American Insurance
—,
FINANCIAL
Name of Company
Payable of Rec.
Pittsburgh, Youngstown & Ashtabula Ry. Co.
7%
&
Holdera
When
rer
Name of Company
COMMERCIAL
Utilities
Stock
50c
City
preferred
Auto
Co.,
dividend
Stamping
Multiplier Corp.
Clearing
Machine
(stock dividend)
1
9-
4%'
1
8-22
8-
8-15
10-
1
12-31
3
'
9-20
12-15
„
15C
9-
1
8-15
50c
9-
1
,8-10
87%c
9-
i
8-10
Co.—
stock
4%
special
7%
regular guaranteed stock
guaranteed
1
8-
51.37%
(reduced)
Cleveland & Pittsburgh RR.
1
8-
8-20
15c
City Investing Co. common (quar.)_
5(4%
preferred
(quar.)—
Clary
8-
8-20
40c
Co
8-20
25c
(s-a)_
35c
3%
(increased s-a)—
com
——
(quar.)——
(quar.)——
,
Electric Illuminating
54.50
preferred
Cleveland
9-
9
Dominion
9-
1
9- X
8-i6
;;
1
9-16
:
50c
9-10
8-25
15c
9-15
9-
5%
20c
10-
20c
Chemical
Clorox
Cochran
(quar.)_
Co.
Foil
(quar.)
Co.
—______—
Cochrane-Dunlop Hardware, Ltd.—
Class A (quar.)
——
$1.20 preference (quar.)——
Cocksbutt Plow Co., Ltd. (quar.)
*20c
4%
Inc.
Stores,
preferred
preferred
5%
B
(quar.)
Columbia
Pictures Corp.,
Carbon
2\lw'
9
9*
1
8-20
1
8-20
9-
1
8-20
9-
1
8-15
9-
1
8-
4%
Co.
Corp.
8-15
8-19
Dun
8-19
8-15
7-20
$1.06'A
8-15
8-
50c
(quar.)_
9-10
8-12
25c
9-24
9-
Mic
8-25
8-
1
354%
:
Freres, Ltd. (quar.)*—
Duquesne Light Co., 5% 1st pfd.
Dwlght Mfg. Co......
...
Eagle Picher Co. (quar.)
1
9
6
8-
8-15
1
9-14
ft o
H
;9- 9
$6
:
,
8-15
Eaton
75c
8-15
7-30
Eddy Paper Co., Ltd.,
9-15
9-
9-
10-
75c
1
9-
1
1
El
6
£
of
Co.
iVu%
4%
Baltimore,
preferred B
preferred
9-
1
8-15
9-
1
8-1*
10c
10-
1
9-20
Electric
Boat
8-20
Electric
Ferries
4'A %
Consolidated
Laundries
Consolidated
Paper
Glass
Consumers
Power
1
7-29
'
8-20
8- 8
"
Cornell-Dubilier
preferred
$5.25
Wood
Cornell
Coro,
Electric
A
Corporate
Petroleum
10-
9-
31V4C
9-
1
9-
$5
loc
9-12
Federal
25c
8-15
3
1
8-12
0-
1
8-12
9-12
9- 2
$1.66 Mi
pfd
conv.
Crane
Imperial
Petroleum
Crompton
6%
Knowles
Cork
Crown
$2
Seal
&
preferred
Cork
Loom
$4 .20
Co.,
8-27.
8-
9-15.
Irregular
Culver
9-
1
8-12
9-
1
8-12
9-30
9-17
$1.05
$2
9-30
$1.75
pfd.
5%
(quar.)_
1
10c
class
Cushman's
Sons, Inc.,
Dahlstrom
Metallic
Dana
Davis
Corporation,
7%
preferred
Door
Co., Ltd.,
(quar.)—
B
&
Company,
(quar.)
——.
1
class A
10-
1
50c
$1.75
(quar.)
4.28%
.
preferred
Dempster Mill Manufacturing (
Dennison Mfg. Co., common A
Voting common —*
quar.)
8tock
Union
Yard
preferred
—
9%
Disston
Match
shares
Distillers
Dixie
9-
1
8-10
9-20
8-29
$1
9-30
9-10
9-30
9-10
$1.07
9-30
A
Houses,
Dr.
Pepper
Dodge
8-159-
Co.
(Robert)
v
7-25
1
;
;
>
8-15
»
v
8-10
.
11-15
11-10
•
50c
8-
6
_
75C
r
8-
9- 1
6%
0%
of
1
11-15
1
10-
8-
9-
1
8-15
1
8-15
Low
8-29
8-13
Gearko, Inc.,
General
10-1
11-1
10-15
1
8-25
9-
8-18
1
$5
9-15
9-
6
Gulf
3c
8-20
8-10
9-
9-
1
8-
9-
2
8-i9
9-
7%
(final)
each
(quar.)
—
10-17
20%
1
two
for
conv.
*25c
25c
62MiC
15c
,
9-10
9-26
10-
1
9-10
8-15
8-
1
1
8-15
8-
15c
Company
9-
8-20
1
-
Bonus
General
5%
4%
(quar.)—
20c
8-15
25c
8-31
*$1.25
9-1
8-
1
8-17
7%
General
,
8-15
iU
:
preferred
Oil
—
(quar.)
—_.—
Fcods
Corp.,
Metals
8-20
Hamilton
9-
1
8-20
Hamilton
Cotton
Co.,
11-20
Hamilton
Watch
Co.
9c
8-31
8-16
8-31
8-16
8-16
8-31
•8-16
8-31
8-16
8-31
8-16
8-31
8-16
8-31
8-16
8-31
8-16
8-31
8-31
8-16
3-16
8-31
8-16
10-
Hamilton
'$1
9-15
9-
1
Hammermill
9-20
9-
5
4'A%
8-15
8-
1
4M2%
8-
1
Bridge
Cementing Co.
,
.
t
;
9-12
/
9-30
$1.25
3-30-50
$1.25
:V 75c
6-30-50
6-12
9-10
8-15
12-
8
3-10 *
9-
1
8-
1
12-
1
12-
1
9-
1
8-15
25c
9-
1
8-15
,
.
•-
9-15
9-30
37',4 c
(quar)._
'8-10 V
9-
1
tI2Mic
10-
1
9-15
tl2'/2c
Ltd.
10-
1
9-15
t22 v2c
(quar.)
-
*
Water, 4%
,t7c
9-
1
8-10
V
•
:•••;
Co.,
—
.
9-16
1
$1.25
Ltd..
.
;
8-16
8-31
8-31
12-28
-—
Oil Well
Mines.
l
8-16
$1.25
(reduced)
Brothers Stores, Inc. (quar.)—
Hall&drton
.
8-16
8-31
;
8-16
8-31
50c
(quar.).
8-26
conv,
—
25c
pfd.
(quar.)..—
9-15
8-16
$i
—..
9-15
-
-
.8-16
9-10
Oil
9-
8-26
$25c
8-26
8-
5
$25c
8-
-
9-10
•
50c
9-1
8-15
9-1
8-15
50c
9-
1
8-15
V
9-
1
8-15
-
9-
1
8-11
VV
—
8-
Refractories Co.—
(quar.) ...I..........
6% preferred (quar.)
Harrisburg - Gas, 4Mi% pfd., (quar.)
5
Hartford
Empire
Hartford Fire
8-19
9-1
V 8-
8-15
V
—
.
hn
Hazel-Atlas
Glass
$1.50
10-20
$1.12 Mi
10-15
9-30
35c
8-15
7-27
11-11
10-31
,
Vv-;;v"'"jv 1"
-
Insurance
Hathaway Bakeries,
1
•
^
33y3%
(stock dividend)—
U
(quar.)_*___.___
:V.
;
i
37M2c
10-
10c
......
.
•
>
(quar.)__—_
9-
pfd.
(quar.)
$4
9-
8-18
8-18
8- 1
9-
1
8-13
9-10
8-19
8-19
9-10
12-
12-20
common
9-15
:;8-i5
8-15
7-25
•
8-15
7-25
V
9-
1
8-17
9-
1
common
v-
conv.
preference
9-
1
8-
8
Hobart
Manufacturing
75c
9-
1
8-15
Hooker
Electrochemical,, common
preferred (quar.)
10-
1
$4.50
conv.
25c
9-
9-30
;
$1.75
—
9-15
6%
9-15
8-15
Horn &
9-
8-15
1
•"
ord
7%c
(quar.)
1..
25c
$1
(irreg.)™-
$1
$1.75
9-7
10-14
-
9-
7
9-
7
(quar.)___
preferred
Houston
Co.
A.)
&
A
8-18
Humble
9-16
Hussmann
9- IV
9-20
10-28
10-18
•
,
9-
50c
9-1
8-19
9-
1
8-15
-
9-
1
8-15
•
1
8-19
8-26
8-
9-27
9-
30c
9-27
V9- 2
8-15
7-30
$1.50
I 8-15
7-30
$1.25
t 9- 1
\
2
$1.12y2
-
2
$1.06'4
;
(quar.)
(quar.
T
62 '/2c
Company
(quar,)____
(N. Y.)"'
(quar.)
*
•
*
.
-
Oil
(quar.)l_i.j.
Kuttig Sash & Door Co.,
5%-preferred (quar.);
5% preferred quar
8-20
37'/2c
9-
1
8-10
*
$1.06'4
9-
1
8-10
,«
8-28
-
:
55c
9-10
50c
t$l
9-12
*
8-12
*
25c
$1
56 '4c
;
common
>
V 9-16
;
& Refining Co.__
Refrigerator Co.
preferred
8-12
1
9-10
10-
56y4c
.
9-
50c
(quar.)_
;
•
-
:
1
9-
25c
$2.25
7-30
9-30
20c
30C-
(quar.)___
11-10
1
7-25*
•
20c
V
:
(quar.),,__.
Stores Corp., com.
(quar.)
4(4% preferred (quar.)
■
Howe .Sound Co. (quar.)
:
Hudson Bay Mining & Smelting Co., Ltd..
Hudson Motor Car Go. (quar.)
9-12
8-10*
8-16
20C
Lighting & Power Co._
11-25
8-15
8-15
•
8-26
.
Hardart Co.
11-10
50c
84%c
5 %
Co.
preferred
preferred A
; 8- 1
1-1-50
50c
E.)
(George
8-15
$1.75
(quar.)
Hormel
11-25
10-
8-19
20c
Howard
—
10-14
8-26
9-1
25C
Houdaille-Hershey Corp.j $2.25 pfd. (quar.)_
6
10-
10%
7M»%
reg..
(Charles
9-15
3l'Ac
(quar.).
1
9-10
'
—
.
Hires
10c
'•
8-17
50C
,
.
(quar.)
(quar.)
-commojn
1
9-19
-
.,316,
V
(Corp.,
V 8-
V
-
3
*
1
'
■■
.
Hotels
$2
;
-
87MiC
'
.Monthly.
Hilton.
$4.25
(quar.)_.
8-20
8-
?
■
8-15
15c
25c
______
Hibbard, Spepcer, Bartlett & Co.—
Reduced monthly
4%
(initial s-a)
.9-16* 1
'
1
8-5
8-15
•
8-19
1
25c
■
Corp.-
•
$1
3Mi% preferred A (quar.)____
Hey wood-Wakefield. Co., .'common
5% .preferred B (quar.) —
1
Chemical
-
$1.25
(quar.)
Heyden
8-15
t$l
10c
30c
30c
25c
pref.
conv.
8-16
1
9-1
50c
,
f
,
$1
8-12
>
10-
30c
6
37MiC
Hecla Mining Co.
(quar.)___
Hercules Powder Co., 5 % preferred (quar.)
Hershey Chocolate Corp., common .(quar.)_~
9-15
1
8-22
10-
1
25c
Inez. (quar.).
Co.
•
„
Common
8-15
8-26
______—
Harbison-Tyafker
5
8-26
9- 1
.
25c
9-10
1
of California—
Co.
(quarj
8- 5
...
f25c
-
1
10-
50c
—
(quar.)
'V'- Class B
8-24
(quar.)j>
8-11
1
25c
—
(quar.
preferred
Hancock
common*
10-
$1.12 Mi
25c
9-1
Co.,
8-19
$1.06'4
25C
Paper
preferred
Class A
56V4C
preferred
8-31
$1.25
—.—
Ltd..-_->,.
12-1
9-10
25c
Corp...
3%%
8-16
'8-16
t25c
8-15
.
common
8-31
$25c
1
...
General Mills,
8-31
Canada, Ltd,
1
$1.12^
com.
8-16
8-31
7c
—
Corp
Hallnor
/
'
9c
9-
—._
Co.,
\
8c
$1.22Mr;8-15
A (s-a)
preferred C (s-a).
Fireproofing
8-16
7c
—
30c
preferred (quar.)
preferred (quar.)_.___!
General
Dominion
& Anglo Investment
Corp., Ltd.—
preferred (quar.)
conv.
;
8-16
3c
Equipment
Stock
Gypsum Lime & Alabastine of
1
common
8-16
8-31
7c
9-
Inc.—
Corp.,
8-31
ioc
-
Hale
;
for
,
>
8-31
10c
;
L
V,
8-15*
(quar.)
receipt
.
Finance
4
7c
1
(quar.)
preferred
General
7%
deposit
^
8c
9-
alO%
—a7M2%
American
8-23
9-15
;
7-29
9-20
1
12c
Hajoca Corporation
Ltd.—■ ■'
registered
(annual)
Bonus
Ltd.
8-23
8-15
10-
ioc
25c
...
Cigar Co., common
preferred (quar.)
Ordinary
9-21
$i
J75c
9c
8-15*
General Electric Co.,
5%
9-15
^
1
$ 1:
General
9
9-15
9-15
9-30
'
i__
9-
(quar.)
75 c
!
9-30
9-30
*30c
:
'
$1.50
50c
Supply Corp.,
preferred (quar.)
-
425C
8-19
Co.—
.
7
*62MiC
Ai
Extra
Builders
9-
;
8-15
[Franklin])
(quar.).....^__
Corp.
Co. (quar.)
7-29*
9-15
"
$1.50
4%
8-22
8-22
14c
25c
Dock
&
1
8-15
12c
1
$D25
'
8-19
9c
9-10
(reduced)
8-19
9-1
-
130c
50c
•
9-
r*
1
...
Sugar Co., $5 preferred (quar.)
Gulf, Mobile & Ohio RR., $5 pfd. (quar.)__
$5 preferred (quar.)
$5 preferred (quar.).
6
$1.12Mi
1
15C
Guantanamo
5
(quar.)
37MiC
(quar.)
(quar.)
Bond
Utilities
9-
(quar.)
l
9-
.
25c
vV'
Co.,
Steel
9-20
~
8-11
9-
,
8-11
9-1
;
30c
...l*
Company
Railroard
7-18
10-
1
:
30c
Priced
Railroad
8-11
Baking
preferred
General
(s-a)
Machinery
Petroleum
9-15
8-16
(see Simon
American
$8
9-
8
White
9-29
9-10
1
9-
preferred
8-
Sir
Merchandising
9-10
(quar.)
6%
8-26
'
9-15
common
Industries,
25C
Institutional Bond
9-10
(quar.)
preferred
,
,
7c
Investing
9-
10-14
,
8-25
11-25
(s-a)____
Co.,
8-26
9-15
12c
Industrial
9
$1
Ltd.,
1
;
12-15
9c
8-26 :
$2.50
(quar.)
Company
General
v
9
Co.
Insurance
Bond
1
...—
:
•
•
$1
.i—5c
Canada,
9-
V
$2
'
5
*25c
7c
9-12
(quar.)
Company
Wood
4Ma%
Co.
8-
*25c
—__
Co.
1
25c
$1.75
Fully Administered
General
Baltimore, cl. A.
(quar.)
Co.
9- 1
9-
r?
8-15
..."
9-
10-
8-15
5c
7
.....
Co.
preferred
preferred
Gamewell
Gar
:
2-6-50
3-1-50
75C
Steel
Gair
,.v
share
Co.
12-
V
9-15
8-13
11-
9-15
9-15
$1
(s-a
Insurance
Fire
Building
Corp.
preferred
Gair
7-25.:
8-15
60c
Ys)
8-15
$25c
Electrical Equipment
$25c
Sulphur
V
8-20
1
9-15
Dominguez Oil Fields (monthly)
5%
4%
V
,
8-15
9-15
*12M2c
(quar.)
Chemical
8-31
....
Brothers Si
Fruehauf Trailer
8-15
common (quar.)
(quar.)
Inc. (quar.)
Manufacturing
1
1
t$4.12
40c
40c
(accum.)
(quar.)__._
preferred
prior
Freeport
Ltd., class A
Tobacco
.1—-
Gabriel
held)
Cup Co.,
pfd.
(quar.)
v
9-10
9-
<
10c
.
(
>
(One
8-
'
(s-a)
(quar.)
Franklin Simon & Co.
8-20
(quar.)_
Corp.-Seagrams,
$2.50 class
Dobbs
8-10
6%
Fownes
,9-27
deposit receipts ordinary
dividend
Canada
Bridge Works (quar.)
Foster-Wheeler
•
1
,
1
9-15 ;
-
$1.25
Automobile
8-
,
Wayne & Jacksdn RR.- Co.—
546%
preferred
(s-a)
$2.75
Foster fe Kleiser CcK (quar.)12V6C
v
50c
—
Co., Ltd.—
American'
Stock
1
B
8-15
Agricultural
Fort
v
8-10
(quar.)—.
pfd.
(Henry) & Sons, Inc.
Distillers
9-
U
25C
(s-a)
preferred
(s-a)
Co.
1
1
35c
(quar.)
participating
i
Fire
Felt
7-30
$2.50
(quar.)
Pitt
:
9-
Ltd
Group Securities, Inc.—
7-29
8-15
$1.50
of
-
8-15
$1
(quar.)
Works.
7-29
8-15
Light.: Co.—
-
8-
9- 1
V
$1
Dredge & Dock
West
Non-cum
Railroad
common
Extra
1
8-
1
9t
A
Class
Fort
_
Dewey & Almy Chemical Co.
6% participating preferred
Diamond
8-
9-
.
v
1
25C
„
Co.
Detroit-Michigan Stove, 5%
8-
92MiC
$1.50
(quar.)
Derby Gas & Electric Corp. (quar.)
Derby Oil Co. (Kansas) (reduced)
5%
Great
100%
preferred
Extra
8-15
9-1
f!
Class
8-17
.,
8-15
■
25C
_
Denver
1
$1
pfd. (quar.)—
(quar.)—
(initial quar.)——
preferred
7-29
1
Company (quar.)
preferred
9-12
8-15
15c
37MiC
Railway Co.—
preferred
:
Coal Co., Ltd. (irreg.)
West
3-15
$0.185625
(quar.)..-,
&
9-30
t$l
(quar.)
25c
Power
8-23
Northern
Great
50c
Dredge
9-12
(quar.)
(N.
preference
7-29
Co;—
Wallach Class B (quar.)
Ford Motor Co. of Canada, Ltd.—
1
B
8-15
50c
...
.....
common
Connell
CO.
4J/2%
9- 7
9-1
15c
35c
Delaware Power & Light, 4%
3.70%
9-
9-
V:
25c
preferred (quar.)__
Delaware & Hudson Co.
Class
50c
Forbes &
9-16
,
9-18
9-18
t
*37(40
*17 Mac
(quar.)
_
(quar.)—
Florida
pfd.
Engineering
Great Lakes Paper Co., Ltd., commmon
Class A preferred (quar.)
1
9-
(quar.)____
Insurance
at
4%
Lakes
50c
Rubber, 4Mi% pfd.
Corp. (s-a)_.
H.)
&
1st
9-16
75c
7%
Great
25c
preferred (quar.)
4.90% preferred (quar.)
8-15
1
25c
—
common
9-
75c
common
Leather
Class
Deere
9-15
?
2*
10c
9-30
8-15
2*
9-
8-23
(quar.).
Plains, N. Y.
Great Lakes
8-15
9-
9-12
....
10c
8-15
4%
1
10-
25c
„
Eastern
Great
...
(quar.)
(quar.)
$4 preferred
(quar.)_„_
Florida Power Corp., common
8-15
$1.75
(quar.)
(quar.)
A.
8-
1
12MiC,
preferred A (quar.)—
Co., $7 pfd. (accum.)
$4 prior preferred
(quar.)
Curtiss-Wright Corp., common
non-cum..
8-15
10-
Eastern
9-15
*25c
Fund
preferred
1st
6%
11- 5
87V2C
$1.12 Mi
Publishing
&
Co.,
(M.
Flintkote
9-16
11-15
10-
$1.25
(s-a)
Press, Inc., 3Mi% preferred (quar.)_
Clothing, 4'/,% preferred (ouar.)—
Curtis (Helene)
Industries. Inc.—
convertible
Great
Great
8-12
!
8-20
8-12*
8-15
7-29
1
(quar.).
preferred
preferred
1
$1.25
Co.
Co.
National Bank
>
8-15
11-25
8-15
•
10c
(quar.)
(quar.)
Ltd.
Co.,
Rubber
1
910-
9-
(quar.)
(quar.)
America
preferred
6%
12-19
Curlee
Curtis
8-19
8-19
Quarterly
9-16
1-3-50
State
convertible
7%
8-31
11-30
1
8-17
$1.25
Ltd., 6Mi%
Stock
FitzSimons
9-16
9-30
25c
Cuneo
$2
9*
$1.25
(irreg.)
com.
:
—
Corporation
1
8-22
9-1
".V-
Fitzsimmons Stores, Ltd.—
Co.,
Atlantic Sugar Co.,
Cuban
9-
t$l
Tire
Fishman
7-15
$1V
(quar.)
Forster, 8% preferred (quar.)_
preferred (quar.)
Sugar
8-18
8-19
1
10-
Company, Ltd., class A (quar.)..
(quar.):..V V.:,...-.. ■■■V
Grand. Union Co. (quar.).._..-_-.-___™«.
Great Atlantic & Pacific Tea Co., common.
9-15
(quar.)
Co.
Industrial
Carpet
5%
8-23*
8-15
150C
8-18
9-15
9-
10-
Class A
'
9-14 v,
1
8-31
40c
Grafton &
9-16
■
50c
(quarterly)—....
Inc.,
of
Bank
First
9-20
50c
;
preferred
Cuban-American
50c
1
25c
(quar.)_
(quar.)
8-16
9-20
10-
56M4C
V
9-16
50c
B
Firestone
1
8-19
9
Works
Inc., com.
(quar.)
Ltd.
9-
10-
8-10
.
7-18
37MsC
Grace
5
$2.50
Co.
Financial
Firth
&
7%
9-15
$1.50
& Seal,
7-29
9-
75c
Corp.
preferred (quar.)
2nd
Crura
8-15
93 %c
(quar.)
8-
7
9-20
8-15
10c
Gorham Manufacturing Co.*
Gossard (H. S.) Co.
(reduced)
__
Zellerbach
Crown
$4
preferred
Corp
preferred (quar.)
Crown
*$-}
&
t20c
Y.
Co.
Gordon Mackay Stores,
Class B
7-22
1
.
...
Insurance
Grain,
Class
Ltd
3%%
Company,
Creole
Mills,
2
9- 2
7-15 -V
9-
1
10-
25c
Aviation;
(quar,)
Chemical
Fire
Finance
The above payment clears all arrears.
Cosmos
9-
*
8-25
?
8-15
10c
9- 1.
$5
1
9-28
$1
preferred
-
10c
Brewing
Golden
10-14
9-15
55c
Goodall-Sanford, Inc., common (quar.)
4% preferred (quar.)
Goodyear Tire & Rubber, common (quar.)
1
8-16
25c
Goodall
12-
9-
50c
(quar.)_
(quar.).*
8-19
1
;
Life
6%
5
$20c
Manufacturing
C.)
8-
$3
Extra
1
9-
Semi-annual
7-30
9-
9-15
8-
9-30
8-19
20c
Federal Insurance Co. (N. J.
(quar.)...
Federal Mogul Corp. (quar.)..
...
Feiiton United Cleaning & Dyeing (quar.)
8-15
t$l.25
common—
Goebel
(H.
8-15
50c
(accum.)
Company, common (quar.)
convertible preferred
(quar.)
Ms %
7-30
8-31
37MiC;.
Federal
$37MiC
A
4
Godman
25c
8-12
8-26
$8'/2C
8-
Glidden
9-20
9-- 8
$1.25
(quar.)
Co.
Park,
Federal
$1.31'4
8-20
8-19
Bennett
&
5
20c
Waterworks
Gilbert
>
Co.
Traders
&
Fashion
8-26
1
■'
(quar.)
dividend
9-23
(quar.)
Ltd.,
Sugar
&
preferred
9-10
9-21
8-
25c
'•
Corp., common
Gerity-Michigan Corp.
(quar.)
Gerrard (S. A.) Co., 5% preferred (s-a)
9-1
10-
—
Morse
4 Mi %
10-15
General
1
8-15
25c
(quar.)
(quar.)
Telephone Corp., common
preferred (quar.).....
4.40%
1
8-
25c
—
(quar.)
Stock
7-22
8-22
$5
5
General
8-
8-15
8-15
common
8-
$1
(quar.)___—
Brewing Corp., common
/ Farmers
20C
Genejal Steel Wares, Ltd.,
'
37V2C
pfd.
General Tire & Rubber Co.
$1.75
(:-a)
pfd.
$6
4
V
el;; :
Ltd., 5%
Castings,
8-20
9-10
35c
(quar.)
4
9-
10-10
(quar.)
Corp.
Co.
8-
;
25c
■
Extra
8-22
1
50c
Fajardo
8-ir
I:;;;
(quar.).
(qiiar.)
Syracuse,;';'N.
———
5%
Mills,
(The)
Falstaff
8-15
9-10
20c
C.
A
preferred
8-16
Steel
Co.,
A
Esmond
Fair
General
Utilities
8-
SOc"
preferred
8-16
..
Corp.
Insurance
Co.
$5
8-io
1
.,415c
common—
class
Fire
Railroad
8-13
1
r-
50c
)
Extra
9-15*
1
9-
25c.
25c
(quar.)_
....
Reinsurance
Charleston, S.
Erie
8-25*
1
25c
75C V
(initial),.
Ltd.
preferred (quar.)
prior preferred series A
Fairbanks
——_
Corp.,
Corp.,
<
1
9- 1
50c
/ 1
5
Refractories
25c
Equitable
9-15
9-15
25c
93%C
(quar.)
$1.50
8-19
9-30
30c
80c
"'V;.'"
Corrugated Paper Box Co.,
5%
prefeired (quar.)
Cosden
9- 1
Co.
8%
B
Employers
9
9- 9
8-
V 8-19
$1
25c
(quar.)
Investors,
Inc.
1
75c
A (quar.)—.
(quar.)
Products
9-
1
10-
$1.13
Corp——
___
10-
$1.12 Mi
8-31
;
Co.,
District Electric Co.—?
5%
preferred (quar.)—
;—
Employees Credit Corp., class A.
Class
:8-31
—.
Ltd., class
8-10
8-26
Rubber
&
Drug
Public
General
8-19
12-15
11-1
10- 1
10- 1
10c
Walker Dry Goods
&
General
1
v
10-10
1
$1.50
(quar.).__
10-
# 9-15
$1.50
30c
Empire
V;
1
V 9-15
Can Co., common
(interim) —
preferred
(quar.)———-——*~V
Continental Casualty Co. (quar.)__
Continental Copper & Steel mdu tries, Inc.—
5% preferred (quar.)_
Cook Paint & Varnish, common (quar.)
$3 prior preferred (quar.)
Co.,
8-
50c
$3.75
Refrigeration
8-15
8-20
25c
;
Continental
Range Co.—
Copper Range RR. Co.—
5% non-cum. preferred
1
1
$37MiC
—
preferred (quar.)__.
—
$4.52
preferred (quar.)—
Container Corp. of America, common
4%
preferred (quar.)——
Continental Assurance Co.
(quar.)—
Copeland
9-
9-
40c
(quar.)
Hose
...
(quar.)
Empire & Bay State Telegraph Co.—
4%
guaranteed (quar.)
8-18
9- 1
fl3c
i
Co., Ltd—
Co., common
Copper
9-15
25c
—
50c class A
$4.50
Cook8Ville
:■
9-15
-
,
common
(quar.)
preferred
Emerson Electric Mfg. Co., common
7%:; preferred
(quar.)___
9-15
1
10-
15C
(quar.)
Ltd.,
Consolidated Water, Power & Paper Co
Consumers Gas Co.
(Reading, Pa.)
Consumers
10-
•:: $1
25C
(quar.)
Corp.
Co.
Consolidated Theatres,
$1.12 Mi
—
(quar.)—.
Corp.
Co
preferred
prior
'
Electric
Ely
9-15
10- 1
90C
(quar.)——__*______
Utilities
10- 7
11- 1
(quar.)—
preferred (quar.j__
Watch Co. (quar.)
Emetrson
(quar.)
common
%
8-12
9-15.
'40C
Power
&
—
(quar.)
preferred
10-
9-15
1
11-
37MiC
General Plywood Corp. 5% conv.
pfd.
General Precision Equipment Corp
8-15
11-
Co., common
preferred
10-
$1.50
$1.25
8-19
50c
8-15/
50c8-25
*25c
9-15
30c
9-30
$1.02Mi
9- 1
$1.06'A
9- 1
15c
9-21
Elgin National
6%
$1.25
Light
Co.—
class A
Gas, common
preferred (quar.)
4.10%
'
—
(accum.).
(quar,)^-.-.—&
Natural
$1.50
—
(quar.)——
C
Consolidated Gas
Manufacturing
Paso
56'4c
(quar.).
Common
Electric
Utilities Associates
37MiC
d$1.25
—-
Inc., 40c preferred (quar—
Coal Co.
(quar.)-————
Co. (N. Y.)—
Gas
B (accum.)..—
Sugar Associates, $5 pfd,
$1
11-15
9-15
9-10
9- 9
9-30
8-15
10-17
8-15
9-10
$1.50
$1.50
$1.50
$1.75
Phoenix
$1.50
.
(accum.)..
A
preferred
Eastern
Eastern
1
Consolidated
(quar.)—
preferred
(quar.)
1
preferred A (quar.)
preferred A (quar.)
6% preferred B (accum.)
Eastern States Corp., $7 pfd.
1
10-
6c
7%
pfd.
......—
Ry.—
General
8-3
10- 1
$1.25
$1
45c
(quar.)—
Advertising
(quar.)
Corp. (quar.)
Paint
8-11
9-10
93%c
;
preferred
8-15
*30c
...
6%
Consolidated Edison
$5
Massachusetts
Eastern
(Del.)—
(quar.)—,
preferred (accum.)
(quar.)
common
Outdoor
Payable of Rec.
'V $1.25
$1.25
(quar.)
preferred (quar.)____
9- 1
8-15
8-15
50c
6%
Congoleura-Nairn (quar.
Connecticut
Light <fe Power-.
Connecticut Power Co. (quar.)
Consolidated
Brudstreet,
8-31
9- 1
50c1
preferred (quar.)
Dupuis
Ltd.—
preferred
6%
&
6%
8-15
*
common
preferred
General
7-15
Share
Corp.
General
8-15
9-1
93%c
15c
30c
$1.12Mi
______
4Mi %
Commonwealth Telephone Co. (Wise.)—
Connohio,
—
...—...
2
$1.50
Power,
(quar.)...
2
(Del.)
Investment
River
preference
9-
9-
8
8-15
'
J5cV
10c
25c
35c
(quar.)_—...
common (quar.).
preferred (quar.)
Dravo Corporation,
common..,——
4%
9-
t5c
& southern
Connecticut
(quar.)
35C
—-—.
preferred
Dow
A
35C
37 '/a C
————————
Commonwealth
$5
preferred
Drug Co.
(quar.)—T—...
Industries, Inc., com. (quar.)
preferred (quar.)____
Drewrys, Ltd. U. S. A., Inc. (resumed)
■
Concord Gas,
preferred
Drackett Company,
& Stamping Co.—
Commonwealth
$6
$4
25c
:——
Commonwealth International Corp.,
Increased
9-13
2nd
$5
8-15
9-15
10-15
j. 10-15
9-30
9-
9- li
*$1.62Mi
81'Ac
—$1
S3.25
9-
—
12- 1
.10-15
7-26
9-
.
Stores, Ltd. (quar.)..
—....
$3746c
Paper Co., Ltd. —
4Mi % convertible preferred (quar.)——— *$l,12Mt
Donohue Brothers, Ltd.
(quar.)
?25c
Douglas Aircraft Co,, Inc. (quar.)—
...
$1.25
Dover
Industries
(quar.)———-*l5c
Quarterly
i
—
*15c
Dow Chemical Co., common
>
40c
18 %C
—
$4.25 pfd.
(quar.)
Co.
Commercial Shearing
preferred
8-15
45c
—
(quar.)
Inc.
Gas System,
Quarterly ■
Commoil, Ltd.
1
$1
—
10- 1
Dre.ser
——
Columbia
Columbian
8-
1
Corp.—
preferred (quar.)—;
Colorado Milling & Elevator Co. (quar.)
Columbia Broadcasting, class A
conv.
Class
7-30
9-
62'/2C
Power
Colorado Fuel & Iron
5%
7-30
8-15
50c
(quar.)
Central
Colorado
8-15
*20c
50c
(quar.).—————-
*$1
Motors
Holder•
When
Per
Name of Company
Genera]
7-29 »
9-15
:
$3.75
Investments, Ltd.—
(accum.)—.—;
.
Donnacona
87'/a C
(quar.)—
common
Holder!
8-25
Dominion
50c
Colgate-Palmolive-Peet, common (quar.)
$3.50 preferred (quar.)—
Colonial Life Insurance Co. of America-,—
Colonial
1
J30c
V
o $30c
Dominion-Scottish
Inc.
Industries,
Clinton
1
25c
(reduced)
Monday, August-15, 1949
Payable of Reo.
Share
;
,
Bridge, Ltd. (quar.)...-,—;
Gas & Electric, 4%
pfd. (quar.)
9-14
10-
$1.12%
(quar.)
Quarries
Dominion
When
Per
;-,v; <
7-20
8-15
55c
Co., com
CHRONICLE
FINANCIAL
&
Name of Company
Payable o/ Ree.
Share
of Company
.
Holdere
When
Per
Name
Cleveland
COMMERCIAL
THE
(636)
48-
1
8-
6
8-
6
9-10
8-11
8-15
8-
1
9-
2
9-12
$1.25
9-30
$1.25
12-30
"
9-20
12-20
V
Volume 170
Number 4829
(637)
Per
Name o/
Company
When
Share
Holder*
Payable of Ree.
Hydro Radio & Electronics Corp.—
Stock
div.
share
(one
for
each
held).
20
8-15
~45c
Idaho Power Co., common_;_____^____™_:___
Illinois Central RR.. 6% preferred (s-a)
Imperial Tobacco Co.
Ordinary
4%
of
;
Indiana
registered
Gas
&
7-25
8- 9
9-30
$12MiC
_
:
____
&
9-30
$3%
8-16
al3 V2 %
__
9- 9
8-
8
4JA%
Co., Inc.
9-
1
30c
9-
1
8-17
Lyon
20c
9-
1
8-10
Lyons
$1.25
10-
I
9-10
(quar.)____
Indianapolis Water Co., class A (quar.)
5%
preferred A
(quar.)
Silica Corp.—
6 V2 %
preferred (accum.)
Ingersoli-Rand Co. (increased)
Steel
17c
&
Bond
Group
Cigar
International
Educational
International
Nickel
International
Products
International
Silver
International
Co.,
8-17
8-31
8-31
7-29
9-10
8-31
30c
12-31
$1.75
9-
10-31
1
5
8-
Foundation,
Fund,
_:
1
Common
7%
Sulphur
10-15
Johnson
&
Johnson,
Stock
dividend
Jones
8-22
7-29
9-29
9-20
9-
1
8-15
9-
1
8-10
12-
1
11-10
8-15
7-25
9-10
8-25
(s-a>
Special
Kentucky Utilities Co.,
preferred
Fibre Corp.
preferred
McCord
$2.50
6%
prior
Mead
9-
2
8-
6
pfd.
(quar.)
preferred
Company—
$1.50
preierred
$1.50
prefer:ed
10-
1
9-23
9-
1
8-25
Beneficial
interest
Creamery
Common
60c
Co.
of
(quar.)
California—
9-
9
9-26
9-
9
8-25
8-10
10-
1
9-21
1-2-50
12-22
4-1-50
3-22
4V2%
preferred
Company,
Kroger
6%
La
A
A
Gas
Laclede
preferred
Co.
(quar.)
Light Co.
Steel
the
7%
9-21
12-21
Lake
Superior
preferred
convertible
Lea
Leslie
Salt
Mines,
Co.
Savers
Liggett &
Lincoln
Tobacco
Life
Co.
Co.
RR.
9-
1
8-15
9-15
8-24
9-15
8-25
10-
1
8-15
New
York
9-
1
8-15
New
9-15
8-17*
Common
9-30
9-15*
3.75%
2
Agricultural
8-
5
Automobile
9-
1
8-
5
Aviation
9-
1
8-
5
Bank
8-15
8-
1
8-15
8-
1
'25c
9-15
$3.25
$4
Moore
4%
redeemable
8-31
8-19
7%
preferred
A
8-31
8-10
7%
preferred
B
10-
1
9-10
10-
Corp., Ltd.,
9-10
Morgan
8-15
Morris
1
8-10
9-
5
Insurance
9-12
8-15
7-29
9-15
8-20
Munson
Line,
9-
9-
7
Murphy
(G.
9
9-10
9-
1
9-1
8-25
(J.
8-
1
11-
1
8-10
10-24
8-19
8-
5
9-
I
8-
4
<te
P)
Products
6%
1
8-15
8-18
10-
1
9-12
8-
5
4c
8-25
8-
5
7c
8-25
8-
Series
Equipment
Series
Noriolk
8-19
Normetal
9-
1
8-19
North
9-15
9-
1
Noranda
$2
Shipbuilding &
Mines,
&
Ltd.
Western
Mining
American
Car
American
Partial
8-20
2
9-20
new
9-10
8-25
Power
&
North
37>/2C
8-15
7-25
25c
9-16
9-
1
North
American
9-16
9-
1
North
Pennsylvania
American
5Mi%
preferred
RR.
Illinois
Liberties
10-
1
9-15
12-15
11-15
9-15
9-
50c
9-
1
8-18
50c
9-
1
8-10
$1.62 y2
12-
1
11-10
$1
9-
1
8-10
Co.,
Co.
4M»%
10-
1
8-31
Oceanic
t$1.75
10-
1
8-31
Ogilvie Floui Mills, Lid., common
7% preferred
(quar.)
9-
I
9-15
8-31
35c
9-10
8-27
593/8 c
9-30
9-16
50c
8-15
8-
25c
9-
1
37MiC
—
9-
1
i
(initial)
—
$1.50
Ohio
Seamless
preferred
A
(quar.)
12c
12-12
11-23
Acme
Co.——™.—.—
8-
8
National
Aluminate
1
8-15
National
Automotive Fibres,
9-
1
8-15
National
8-23
Corp.
50c
8-23
8-
9
30c
(increased)
8-10
1
11-24
National
Cash
2-21
National
9-10
8-23
National
Container
Corp.,
Cylinder Gas Co.,
12-10
11-24
3-10-50
2-21
Register
10-14
50c
Co
4M»%
Tube
preferred
434%
preferred
(initial)
Dairy Products (increased
(quar.)—.—._
Chemical
Co.
Gas,
10-15
9-30
preferred
10-
1
10-
1
8-25
9-
1
7-2<
55c
9-1
8-20
25c
9-10
8- 9
9-10
8-
9-
1
8-
5
9-15
9-
2
50c
8-15
8-
1
8-15
8-1
8-20
8-10
(quar.)
$1.12V2
(quar.)_„
593/8c
>
50c
;50c
8-25
9-15
8-5
'8-25
8-
10c
9-30
9-9
$1.50
:
<quar.)_____—
9-30
9-9
-50c
'
5
Ontario
Beauty Supply Co., Ltd.—
Participating convertible preferred (quar.)
Steel Products, Ltd., com. (quar.)_
$25c
Class
B
9-
1
8-10
$3.60
9-
1
8-10
Outboard
9-10
8-19
Owens-Illinois
Oxford
7-30
20c
$1.06
8-15
7-30
10-1
9-15
37M?c
9-10
90c
9-1
8-15
35c
8-25
8-
—75c
8-15
7-30
$1.25
9- 1
8-15
(quar.)
Marine
7-15
8-15
10-
$1.12V2
pfd. (quar.)
Co., com. (quar.)
preferred
7-15
8-15
20c
Oswego Falls Corp., 4y2%
Otter
Power
7-15
8-15
$$1.75
(quar.)—
8-15
Tail
9-20
8-15
J25c
7% preferred (quar.)
Osgood Co. class A (quar.)
2
t25c
Ontario
8-10
50C
8- 8
$25c
v-';
9-10
quar.)_
8-6
8- 8
J$1.75
(quar.)
common
9-10
Canada,
1
9-1
(quar.)
(quar.)
common
$1.42 y2
—___
of
9
1
9-
Co
10c
(quar.)
4j/4%
9
8-
9-21
8-16
50c
preferred
Natural
Inc.,
6%
i£
9-
$$1,12
pieferred A (quar.)
Old Ben Coal Corp
Oliver
Corporation (quar.)
Omar,
10-
M 9-10
8-15
5c
20c
common——
com.
9-
8-31
$1.75
12-10
&
7-30
9-
40c
(quar.)
3-10-50
Drug
(quar.)_^_-™.,™___.;
Extra
(quar.)
preferred
8-15
40c
(quar.)
Inc.
50c
Extra
Biscuit Co.
9-10
12-15
"
8-J5
35c
8-16
—
1
Extra
Oklahoma
9-15
8-15
9-
(quar.)
Ohio Associated Telephone $2.20 pfd.
Oil Co. (quar.)-—
8-12
9-28
1
20c
4*4%
(quar.)
1
9-
Ohio
Power
America—
8-10
9-
Co
Ohio
5
8-25
1
f$i
4%
8-31
9-15
9-21
$$1.50
8-31
37MiC
10-1
$1.31'/4
(quar.)
1
1
preferred
8-26
8-
Ltd.—
Co.,
10-
preferred
9-10
9-12
20c
(increased)
Power
t$1.75
com.
9-
preferred
Co.
&
8-18
$1.12V2
common
10-
$2.50
8-31
Light
8-25
25c
(quar.)
Service,
(quar.)
5V4%
preferred (quarj^
Northwestern States Portland CementQuarterly
Pharmacal
8-31
9-26
93'/4C
$25c
Inc
of
Public
8-31
9^20
10-15
60c
(s-a)_
preferred
Oil
8-2
25c
Gas
$75c
(quar.)
Co.
Coal
Bancorporation
Northwestern
6%
1
9-20
15c
(quar.)
(quar.)
Northern
(quar.)
(quar.)
2
9-21
share
Northland Greyhound Llnok—
3*4% preferred
(quar.)
1
8-29
1
$1
Co.
Northern
8-
9-10
$1.50
Refractories
8-15
8-15
8-J*
8-10
9-
9-
(one
(accum.)
8-15
75c
9
10-
$1.37Mi
9-15
Scotia
9-15
9-
Corp.—
1
Nova
i5
8-31
8-22
1
9-30
held)
common
1
Norwich
8
1
9-10
50c
(accum.)
1
(quar.)
9-
9-
$1
50c
9-
4'/2%
2
2
75c
(quar.)
common
Investment
preferred
Northwest
88-
f$i
9-
1
5
8-15 «
8-15
$lOc
10-
Springfield
(quar.)
^
Ltd
Corp.,
American
7-25
7-25
25c
8-
$8.50 par value, of Kansas
for each four shares of
9-
(quar.)
8-25
Light
8-15
6%
5
507
(quar.)
(quar.)
common
liquidating distribution
common,
8-15
North
A
(quar.)
Company—
80c
(quar.)
(quar.)
Dock
Dry
ser
preferred
conv.
8-20
5
8-
20c
(quar.)
Ry.,
2
1
8-
8-25
25c
pfd.
Corp.,
30c
—
(quar.)
Lines
(quar.)
8-25
14c
10-
50c
com._
5
10c
Series
News
25c
—
5
10c
I
Hundred Corp.
Chemical Co. 4%
8-15
4.8%
National
Newport
1
8-23
3
8-
8-25
Fund
60c
9-
9-12
8-
5
8-25
15c
Investment
Extra
9-15
12-28
1
5
8-
Newmarket Manufacturing Co.
75c
—
5
12c
9-
5
8-
8-25
Series
8-
$1.50
National
Coast
Utility
8-15
(quar.)
3
8-
8-25
9c
Railroad Series
20c
A
8-
8-25
15c
Nineteen
preferred
1
12c
'
Series
Nopco
Co
(quar.)
Telephone Co. (Hawaii)
9-
5
8-16
4.8%
7%
8-
J 50c
Inc., new
C.)
Chemical
National
8-25
t$l
Corp
preferred
preferred
6%
5
5
5c
9-
9-
5
Series
Stock
Pacific
9-12
8-
5
Oil
T
8-25
8-
1
35c
4c
8-25
1
Tobacco
5
5
5c
8-
8-12
88-
Series
Bond
8-
8-22
5
8-
8-25
5
8-20
30c
8-25
8-25
8-
8-15
Steel
5
8-
Series
Railroad
8-
8-
80c
8-19
8-25
5
8-25
—
11-17
5
8-25
Metals
8-31
5
8-
8-25
Machinery Series
Merchandising Series
11-30
8-
8-25
8c
9-12
$1.12 y2
Mills, common (quar,).._
preferred (quar.)——
Mutual
Fund
:.
9-12
Public
8- 5
8-
8-25
25c
9
1
8-25
8-25
6c
10c
9-
Paper
43/4%
Stock
Series
Government
8-
9-9
14c
-
Series
1
(quar.)
Moore-McCormack
Motor
Electrical
5
1
9-9
7-29
7c
7-29
8-15
1
15c
Fund
Industry Shares
Food
8-15
10-
10c
Series
Preferred
4
1
8c
Diversified
11-
10-
8c
$1.25
common
preferred
8-15
$2
933/4c
Diversified
9-
Ltd
partic. preferred
9-1
pfd
$1.12 V2
Investment
9
pfd.
8-15
9-2
Gas—
7-29
8-15
Investors
8-15
1
lOc
1
pref.
series B (quar.)
Service—
conv.
10-
ioc
Bond
$1.37'/2
Co., com.
A (s-a)
8-15
$1.50
Series
9-
common
Tool
1
Series
Diversified
•
250
Co.
9-
■vM'';
1
Ltd
8-19
Inc.—
10-
(quar
9-7
9
Series
10-
(quar.)
Insurance
Chemical
conv.
Chemical
7-30
8-10
1
9-
Series
Stock
1
10-
50c
Series
Corporate
8-25
8-15
9-
$1
Building Supply Series
Stocks,
iy<ic
Machine
Moody's
York
8-
1
10-
(s-a)
Monsanto
New
8-31
1
75c
common
Ltd.—
(quar.)
«5C
9-
1
75c
non-cum.
&
9-
(quar.)
common
5
(quar.)
4c
(quar.)
8-
(quar.)
$1
common
A
Co.,
(quar.)
9-13
(accum.)
preferred
1
9-
.___
$5
Electric
preferred
37MiC
Co.,
8-
Y.)—
pfd.
Co
Co.
State
preferred
8-31
(quar.)
Co.,
Power
$1.25
Life
Monarch
Dock
York
$4.50
$1.75
(quar.)
Regulator
8
8-15
(quar.)
Brake
Air
York
New
1
:
Co.,
&
.__
(quar.)
8
8-
York, Chicago & St. Louis RR. Co.—
preferred A
(accum.)
6%
1
North
Co.,
2
$2
j
8-31
8-20
$2
—
9-30
9-20
$2
10-
1
y-21
$2
1-2-50
12-23
30c
(quar.)
5%
preferred
preferred
(quar.)
,
preferred
<quar.)__
,
9-12
8-19
62,/2C
(quar.)
&
9-
20c
pfd.
8-
8-15
$25c
10-
(Robert),
(Mass.)
$25c
5%
Land
Co.
Y.)
(quar.)
S.)
1
50c
5%
Louisiana
Zinc
35c
i
+25c
(quar.)_
1st
Jersey
5c
50c
(quar—
6%
New
15c
conv.
(N.
Light 4%
25c
(s-a)
Co.
$25c
(J.
8-15
Lorain Coal & Dock
Taylor,
8-15
Light
$50'/4C
(quar.)
7-27
8-15
25c
y
1
&
Manuiacturing
Glass
Co.___________
Paper, $5 preferred
Co.
(quar.)
8-15
2
'
(monthly)
&
1
30c
preferred
Utilities
Ltd.,
(monthly)—.
Lord
9-
37M2c
Co.
Pipe Line,
preferred
Mitchell
1
$1.10
—
&
(auar.)
9-
Pipe Co.—
Common
Co.
Missouri
5%
2nd
Kansas
B
9-
$1.10
(quar.)
I
Power
50c
<N.
8-10
25c
60c
(quar.)
Quarterly
50c
pfd.
50c
___.
Common
Gas
conv.
Missouri
Common
(quar.)
$1
preferred
9-
$1.10
Co., Ltd. class A
Jersey
$1.62 y2
25c
_
New
Co.—
convertible
1st
Newfoundland
8-15
933/4C
(quar.)
i
$40c
Canada, Ltd
Casualty
8-20
1
8-12
(s-a)
8-20
Inc.
$3
Co.
(quar.)—
preferred
3.20%
Amsterdam
1
9-
8-
8-31
8-25
(quar.)
9-
12-
8-15
9-15
15C
$1.06V4
Corp.
Products
Minneapolis-Moiine
$5.50
preferred
Increased
8-17
8-10
1
$1.06y4
,.;■■■
87MiC
87>/2C
guaranteed
preferred
Hart,
$2.40
3
9-
(quar.)
2
8-26
9-
20c
common
9-15
(quar.)
common
(quar.)
9-10
1
8-
Co.,
85C
(quar.)
15c
Special
Star
8-17
$1
(quar.)
8%
8
1
65c
—._
8-15
preferred
8-
50c
(quar.)
Western
of
Meter
7-29
7-29
8-15
t$l.25
Extra
9-15
class A
6%
Minneapolis-Honeywell
Mutual
guaranteed
Lone
8-
10-
$1
.
8-13
$1.12 M,
Corp.,
prior
Monarch
75c
(quar.)
8-27
Products
8-15
8-15
25c
(quar.)
Corp
75C
basis
Service
Water
Oil
50c
(quar.)
Neon
Neptune
1
Co.
70c
(Herman)
8-10
60c
Mitchell
8-20
4'/4%
Neisner Brothers, Inc.
Nelson
9-20
$25c
(quar.)_.
Laundries, Inc. (s-a)
Mid-Ccntinental Petroleum Corp. (quar.)
8-15
-
9-16
8-10
8-10
$62MiC
(quar.)
__
8-15
$12c
1
conv.
8-15
1
1
10-
15c
&
4c
5c
Fibre
8-31
40c
Mid-Continent
Miller
shares
shares
Vulcanized
933/4C
Co., preferred
Middlesex
series
.9-
8-20
;
Midland
series
Neiman-Marcus
New
(quar.)
Abrasive
of
._
10-
Oct.
on
trade
8-24
preferred
(quar.)
preferred called for redemption
1 at $45 per share.
$2.40
1
Insurance
Special
8%
8-15
8-16
Retail
50c
(reduced)
common
Food
stock
20c
Sugar Co.
estimates
are
series
25c
(resumed)
Public
Preferred
1%C
(quar.)
Mickelberry's
1
35c
(quar.)
Groceteries
Preferred
Michigan
Michigan
5
'
d$1.25
(quar.)
Michaels Stern &
40c
Original capital
Original capital —
Original capital —
Special guaranteed (quar.)
Lock Joint
9-
62M2c
(quar.)
equipment
15c
preferred
preferred
9-
25c
(quar.)
Corp., common
preferred (quar.)
M.ami
6M>%
9-
5c
Carbonic
B
1
9-15
37Mic
(quar.)
Corporation
Class
1
8-
30c
Lionel
Loblaw
8-
1
40c
Liquid
Little
1
9-
50c
_
7-29
_
Mercury Messenger Corp. (quar.)
Merritt-Chapman & Scott, common
'
Lindsay Light & Chemical Co.
3 V2 %
7-29
5c
Corp
Myers
Belt
8-15
30c
Quarterly
Link
9-16
9-14
$25c
(quar.)
(quar.)___
National
2nd
8-10
3
9-30
$1
Ltd
Lessing's, Inc.
(quar.).
Libby-Owens-Ford Glass Co.
Life
Company,
preferred
conv.
?2c
Lehigh Portland Cement Co.
8-15
*—
,
&
8-31
10-
40c
Inc.———
Company, common (quar.)
$2.50
preferred
(quar.)
Lees (James) & Sons Co. <quar.)_
Gold
B
:s
9-24
25c
&
6c
t$3
Co., Inc
Ltd. (quar.)
Refrigeration,
9-30
25c
Stamping Co. (quar.)_
Monotype Machine (quar.)
shares
Railroad
(quar.)
40c
Fabrics,
Leitch
Cla
Merck
25c
.
Leath
Merchants
$1.25
(quar.)_.
Railroad
8-15
Extra
Lanett B.eachery & Dye Works
Lang (John A.) & Soqs, Ltd. (quar.)
Lansing Company (quar.)
6
8-10
amounts
15 distributions—
series
62 V2c
Inc.,
preferred
9-
-
7-29
8-
8-15
11-15
$1
$ 18c
(reduced)
8-31
10c
Common
8
140c
(quar.)
8-15
._
common
Assurance
9-15
$$1.75
preferred
4c
43 %c
quarterly
9-
Power Co.—
2nd
groups
30c
Class
(quar.)
Co.
Fire
a
$1.50
.
7-29
Selected
43 %C
Co.,
9-14
Co., Ltd.—
Lakey Foundry & Machine Co.
Lamaque Gold Mines, Ltd
Lane Bryant, Inc.
(quar.)
Lanston
1
8-10
(Brooklyn, N. Y.)—
(increased)
5%
Lansing
10-
5c
Ltd
District
5%
Lane-Wells
1
50c
(quar.)
Mines,
Common
9-
35c
T__
8-15
8-15
____,
(quar.)
20c
(quar.)
7-29
9c
8-25
d35c
Mines,
15c
(quar.)
Shore
8-10
1
50c
preierred
Lake
9-
$1.50
—
Woods Milling
Common
8-23
12-28
Semi-annual
of
9-12
60c
(quar.)
Co.—
Lafayette National Bank
Lake
3
$1.12 Mi
(quar.)
Industries, common
Laclede-Christy
Laclede
9-
$1.12M2
convertible
7-29
8-15
Stock
following
the Aug.
*
Extra
8-15
9-27
(quar.)
8-15
10c
8-15
The
New
common
Mid-West
(quar.)
common
9-14
8-25
50c
1st preferred
France
4%
7-29
50c
(quar.)
11c
8-25
Quarterly
$2.40
(S. S.) Company (quar.)
Kress (S. H.) & Company (quar.)
Kroehler Mfg. Co.,
preferred
8-20
10c
Kresge
1
8-31
Co.
Stores
on
$4
15c
(quar.)
4 Va %
Now
$3.50
9-26
Frank
Merchants
7-31
8c
8-
9-15
.
Publishing
preferred
8-16
1
37MiC
(quar.)
preferred
7r/o
8-15
37 V2C
series
8-15
(accum.)
preferred
&
9-
Knickerbocker Fund-—
Knudsen
1
25c
(quar.)
Michaels Brothers
—
8-
quar.)
com.
2
•
(quar.)
8-15
National Trust Funds—
25c
Co.,
2
25c
(quar.)
$1.50 preferred
5
8-10
& Insurance Co.—
9-
37 '/2C
8-
8-15
(quar.)
Porcupine
AV\%
10c
(quar.)
8-15
20c
—
9-10
$1.25
5
47VaC
25c
(quar.)
Corporation,
47c
(quar.)
8-
(quar.)
20c
(quar.)_
9-30
$1.50
8-16
preferred
50c
Naumkeag Steam Cotton (quar.)
Neilsor
.Win.), Ltd., 5% pfd. (quar.)__
9-30
$1.50
—
(accum.)
9-19
1
3.8%
8-
Mercantile
9-
1
9-
8-15
8-19
8-15
8-15
10-
53'/ec
8-15
9-10
8-25
$1.12 Mi
(quar.)___
9-10
1
1
9-19
(quar.)
(quar.)
Company, common
Tea
2oc
9-
9-30
1
8-10
preferred
25c
9-30
9-
10-
8-15
(increased)
Meier
9-15
40c
preferred
4 y2 %
National
(quar.)
8-15
50c
7-31
9-15
4%%
1
Newspapers
Hill
Mclntyre
2
5c
prior
McGraw
5
20c
7-30
8-15
9-29
(quar.)_
National
8-30
$1,183/4
common
9-15
25c
—_—__
(Pa.)
8-13
10c
(quar.)
Supply Co.
6
25c
(quar.)
National
9-30
95c
'
8-19*
25c
<quar.)_.
9-
1
$J
8-15
$1.25
Rubber Machinery Co.
25c
9-
15c
preferred (s-a)
25c
9-10
(quar.)
5%
National
Balanced
(quar.)—
$2 2nd preferred (quar.)
Meadville Telephone (quar.)
8-15
50c
____.
8-10
'
Corporation,
9-
1
vquar.)
(quar.)
com.
10-
9-10
25c
common (quar.)—
redeemable
pref.
(s-a)
preferred
8-
'
Extra
Kirsch
3
8-25
10-25
i
Ltd.—
preferred
pfd.
Exploration Co.
Extra
'
1
9-20
1-1-50
12-20
62'/2C
4-1-50
3-20
$1.50
(quar.)
(quar.)
10-
62V2C
:
9-
8-15
preferred
(quar.!
Welding Machine Co.—
$12'/2c
9-
1
8-12
Pacific
Finance
$ 15c
9-
1
8-12
Pacific
Gas
Electric
5V2%
2C
Quarterly;':—
National
Erie
Corp.,
1st pfd. (s-a)
preferred (s-a
National Gypsum Co. $4.50 pfd. (quar.)
National Hosiery Mills, Ltd.
3 %
non-cum.
5%
2nd
Class
A
<quar.)
Class
A
(quar.)
Class
1
(quar.)—
common
Convertible
National
National
Lead
5%
1st
12-15
12-
5
5%
12-
5
f 5%
(quar.)—
(quar.)_____
6%
pfd.
40c
1
8-10
(quar.)____
37'/2c
8-15
7-29
34%c
common
8-15
7-29
8-15
7-29
(quar.
redeemable
12-15
$1.12 y2
9-
1
8-18
10-
1
9-
2
1-1-50
12-
2
1
15c
:i5c
com.
10-19
Corp.,
Electric,
$2.50
t?oc
Co.,
10-29
&
preferred
$1.50
♦
B
,
-
4Cc
.__
9-
———
preferred (quar.)
preferred (quar.)
8-
1
Castings Co.—
i
Paper & Type—
Common (increased s-a)
(quar.)
6%
Company
9-12
8-17
9-15
9-15
$50c
(reduced
preferred
8-17
5c
Keystone Cu todian Fund Series K-I
Kings County Lighting new com. (initial)
Kinney (G. R.), Inc. (quar.)
$5
7%
$1.25
,
1
Kennecott Copper Corp.
4%%
7%
11-15
9-15
1
IOMIC
j,
preferred
Maytag
9-12
10-
Steel
1
10-
8-15
(quar.)
(quar.)
$3.75 preferred (series 1947)
8-31
65c
____—
$6
8-25
&
10-
$1.25
1
National
5
5
Malleable
Increased
10-
$1.12 V2
preferred
preferred (quar.)—
National
Holder*
Payable of Itee.
15c
9-15
Co
Co.
Sugar,
conv.
$3.75
9-29
20 c
(quar.)
com.
Kalamazoo Vegetable Parchment Co.
Kansas City Power &
Light, 4% pfd.
3.80% preferred (quar.)
Kawneer Company (quar.)
Keyes
$1.25
9-10
5%
Corp.
Laughlin Steel Corp.,
5%
preferred A
(quar.)_.
K W Battery Co.
(quar.)
_;
15c
(quar.;_
Nlay Department Stores,
30c
quar.)
8-
12M,c~
Quarterly
Massey Harris, Ltd.
$1
(increased
com.
-i
&
Extra
8-31
(quar.)__
(quar.)—__—_—
com.
14c
common
common
Shirt
McClatchy
Estate
Jones
5%
35c
Y.)
7-29
8-15
—
Company, common
preferred
(quar.)
$3.40
(N.
8-
8-15
.
Magnesium Products—
Martin-Parry Corp.
(extra)
Masonite
Corp.
(quar.)
10c
Co.
Paper
Company
Manitoba
(La.)—
(s-a)_
Insurance
8-15
20c
(quar.)—
Marathon
$1.25
—
Co.
(quar.)
preferred
&
Company,
8-12»
30c
Knitting Mills
5% preferred A (quar.)_
Jersey
Mallory
9-
9-15
9-15
10c
(quar.)
Corporation
(P. R.)" & Co.
8-11
1
9-15
10-15
$25c
1
When
Share
Service Corp.,
$$1.25
Co.
Car
9-1
Jantzen
Lake
Magor
9-
35c
Jaeger Machine Co
Jefferson
Macwhyte
9-15
30c
(quar.)-
(quar.)
1
10-
12M2c
Steel vCo.,
Company,
Maltine
30c
quar.)
1
8-
J
Structural
Manhattan
30C
(increased
8-
8-15
50c
(quar.)—1
(quar.)
Power
9-
75c
Co.
9-12
88C
(quar.)
Inc.—
Massachusetts Bonding
Quarterly
Jacksonville Gas
MacLaren
8-22
16c
5%
Linen
4Vi%
1
1
Marine
Inc.
Iowa Southern Utilities
Iron Fireman Mfg. Co.
A
Mackintosh-Hemphill
$75c
(quar.)
1
8-
com.
preierred
Woodworking
9-20
Ltd.—
preference
8-
8-15
$1.06,
—
preferred (quar.)—
25c
quarterly basis
a
M
9-20
Investors Telephone Co.—
on
&
5%
40c
convertible
Now
M
7-15
$1.50
(quar.)
8-15
________
Inc., com. (quar.)
(quar.)__
A
preferred
(quar.)
Lytton's (Henry C.) Co———
25c
common
$4
42c
8-15
1
Name of Company
49
20c
class
t40c
Ltd.___
(quar.)
Corp.
Products
Finance Service,
I60c
Canada,
Payaole of Rtc.
$2.50
>.
Per
■
National
8-22
9-10
r
Sons,
series
convertible
Macmillian
...
Stock
1
9-30
Co.—
a
Corp.
Utilities
6%
of
9-
20c
(quar.)
Ltd
Co.
8-
$1
<o.uar.)___
$3.50 preierred
(accum.)
International Harvester 7% pfd.
Holdings,
1
25c
Publishing
Metal
MacKinnon
Machinery Corp.
International
Investors
8
9-
2MiC
Machines
International
Investment
1
'
shares
Business
Intcrtype Corp.
9-
50c
Co.
International
9-10
$2
Institutional Shares, Ltd.—
Bank Group Snares (s-a)
Stock
&
50c
Industrial
Inland
(M.)
preferred
56c
„
Snare
Lowney tW. M.) Co., Ltd. (quar.)
Lucky Stores, Inc. (quar.)
Lukens Steel Co. (quar.)
Lynch Corporation (reduced)
13 y2 %
7-26
Company
Common-. ;(s-a
5% non-cum. preferred (s-a)
Louisville & Nashville RR.
(quar.)
8-16
Ireland,
(interim
Water
'
9- 1 ;
Name of
Holder*
Louisville, Henderson & St. Louis Ry Co.—•
Lowenstein
;—____
(s-a)
Imperal Tobacco of Great Britain
Ltd., ordinary (interim)
Ordinary
8-20
$3
Canada, Ltd.—
(interim)-
preference
1
8-
When
Per
25c
25c
9-15
9-
1*
7%
preierred
A
(quar.)
$1.75
15c
9-15
9-
1*
C7c
preferred
B
(quar.)
$1.50
10-
1
9-20
9-15
11-
1
9-
2
9-
9
8-26
10-14
preferred
new
(quar.)
Pacific
Lighting
Pacific
Lumber
Corp.
Manufacturing
Panhandle
4%
Eastern
7-29
75c
8-15
7-29
(quar.)
Corp.
Pipe
(quar.)
________
(initial quar.)
Line,
com.
(quar.).
9-1
7-20
8-15
$1
(quar.)
preferred
8-15
8-15
v
Mills
Pacolet
Economic
31V4C
$0.2882
(quar.)_—________
Co
Pacific
Palestine
31'4c
1st preferred (quar.)
redeemable pfd. (initial).
9-
9-15
9- 1
75c,
25c
8-I0
8-25
8- 6
8-12
9-15
10- 1
9- 1
9-16
$1
75c
$1
Rust-Proof
Parker
Co
62 /iC
—
& Reel Co.—
Common (reduced)
$4.25
preferred (quar.)—.
Parkview Drugs
(Kansas City)—
Rig
,
pic
*7-26
8"1&
62 /*°
(quar.)
cum.
$1
-
2.
__
(quar.)—
Penmans. Ltd., common
(quar.)-.-—Pennsylvania Electric, 3..70% pfd. C (quar.)
4.40% preferred B (quar.)
Pennsylvania Water & Power Co., c.mmon$5
preferred
(quar.)——————
Pennsylvania Salt Mig. C
•
^
Pennsylvania Telephone, $2.25 pfd. (quar.)Peoples Drug Stores. Inc. <4 :ar
Peoples Gas, Light & Coke Co
Peoples
4'/2%
Peoria
preferred
cum.
Jj»C
92 Ac
2- 3
51.10
y-io
$2.50
Quarterly
Quarterly
Quarterly
[
9 15
915
8 Ji
8 15
9
9 21
»
a- a
a-ib
8-ib
9-15
Perfex
30c
(quar.)(quar.)
Inc.
Paul,
Pfaudler
Brewing
—
—
—
____
Suburban Water, common$3.65
preferred
(quar.)
—
Phillips Petroleum Co. (quar.)
—
Photo Engravers & Electrotypers,
Ltd
Pillsbury Mills,
Inc.,
common
(quar.)
$4 preferred
(quar.)——.
Pinchin, Johnson & Associates, Liu.—
Ordinary
(final)———
Pitney-Bowes, Inc., common (quar.)
414%
preferred (quar.)
—
Pittsburgh Steel, 5'/2%» prior pfd. (quar.)—
5% preferred A (accum.)——
—
Philadelphia
Pleasant
Wine
Valley
Poor
&
$1.50
preferred
Potash
Extra
v-
-
(resumed)
Common
_
—
(
Co. of
preferred
$1.06%
Indiana,
Co.
3.35%,preferred
8-15
8-15
9- 1
84c
Mexico
New
Electric
8-15
9- 1
87'Ac
7-29
8-15
8- 1
40c
—
8-15
25c
(quar.)
of
Co.
Public Service
New
of
8-15
9- 1
9-1
40c
(quar.)_
com.
4,
Hampshire—
preferred (quar.)
Service
9-20
$1.10
(quar.)
of
Co.
7-22*
7-29
9- 1
9-1
7-22
8-17
8-5
(quar.)—
35c
Puget Sound Power & Light (quar.)_.—____
Pullman, Inc. (quar.)
Punta Alegre Sugar Corp
20c
50c
$1.50
25c
9-30
9-30
8-15
9-10
8-22
9-1
25c
9-1
Public
Service
div.
$1.40
&
preference
Gas,
common
common
___
Pure
Oil
Co.,
(quar.)
common
Extra
5%
_______
preferred
(quar.)
Bakeries Corp.
(quar.i
Flour Mills, Ltd., common.—
Inc., 6% pfd. (quar.)___
Purity
Purity
Purolator Products,
Oil Refining-..
Quaker State
—
Quarterly Distribution Shares, Inc. «reduced)
Quebec Power Co. (quar.)——.
Ralston
Purina
Rayonier,
3%%
Co.,
Inc.,
pfd.
(quar.)
(quar.)
common
—-
$2 preferred (quar.)
Ray-O-Vac Company (quar.i
Reading Co.; common (quar.)
4%
1st preferred
(quar.)_____
Real Silk Hosiery Mills, Inc., com
5%
Red
preferred
Owl
A
Stores,
434%
preferred
$1.60
A
Mfg.
$4.50
3y2%
Rand,
Remington
Inc.,
A
Republic
6%
(quar.)
pfd.
87y2c
(quar.)
Investors
Fund,
8- 1
1
8-29
9- 1
12- 1
8-18
11-18
10- 1
9-8
10- 1
9-9
10- 1
9-9
10- 1
9-18
10-
1
9-15
8-25
8-10
preferred
Common
Class
B
(quar.)_____.
B
1st
common
45c
45c
interim)
(quar.
interim)
(quar.
Manufacturing Co.,
4'A% preferred (quar.)
Rice-Stix,
15c
15c
25c
(quar.i
A
30c
Inc.
Rheem
com.
(quar.)
40c
$1.12'A
(quar.)
$1.75
(quar.)
$1.75
Oil
Grande
Robinson
Corp.
Little
%:
&
Ages
i
Co
Co., Ltd., class A
Electric, 4%
preferred
of
(quar.)
Valley Gas
Rochester Gas
4%%
G
pfd. F
(quar.)
(quar.)
(quar.)
Corp.
Rockwell
Rockwood
11- 1
9- 1
10-15
10-15
8-10
Co.
B
Simon
5%
Co
&
Steel
Ltd.,
class
Saw
Simpson's,
Class
Company, common
preferred (quar.)___
preferred A (quar.)
prior preferred (quar.)
(quar.)
A
—
B
4(A%
preferred
Sinclair
Oil
Corp.
City Gas & Electric Co., com.
preferred
(quar.)
Skelly Oil Co. (stock dividend)
3.90%
Steel
Sloss-Sheffield
Quarterly
Quarterly
(J. Hungerford)
(Alexander)
Aircraft Co., 90c conv.
Soundview
Paper
-—
Southern
Natural
Southern
Ltd,
(quar.)__
Power
Gas
(quar.)—
Co.,
Railway Co.
(quar.)
Spring Bed—
Southern
Southwestern
Common
Electric
(quar.)
Southwestern
Life
_—
(quar.)
Sovereign Investors
Spalding (A. G.) &
Brothers
Spear & Co., $5.50 1st pfd.
2nd
preferred
Standard
(quar.)
Inc.
Brands,
Timken
9
Title
1
Tobacco
8
Oil
Co.
Truax-Traer
preferred
8-15
8-25
7-30
Standard
$25c
9- 1
8-15
StandardJSjlica
9- 1
8-15
208
8-15
A
Extra
Co.
$1.25
10-
1
9-15
Stein
9-20
Tyer Rubber Co.,
Union
Asbestos
9-15
8-25
Union
Electric
Spring
Supply
—i—
Union
Tank Car
Union
Terminal
7-29
United
8-15
7-29
United
9- 1
8-15
(A.)
1
9-15
Sterehi
$1.25
10-
1
9-15
Sterling
&
5%
1
9-
1
9-
1
preferred
(quar.)———
(quar.)
Corp.—
convertible preferred
Brothers
Stores,
Inc.
(quar.)
Inc.
(quar.)
(quar.)_—
7-30
9-10
8-19
9-
1
8-15
8-26
1
8-25
9-
1
8-18
9-
1
Artists
5%
Theatre
8-15
$1.25
9-15
Biscuit
Co.
preferred
United
25C
(quar.)
$1.12'A
(quar.)
Ltd.,
Corporations,
B
(quar.)
Class
Circuit—
(quar.)__
—
of America, com.
preferred
$4 50
(quar.)
class
A
38c
(quar.)_
2
2
United
8-17
United
8-
t$l
9-15
9-15
8-15
9-15
8-15
9- 1
9- 1
8-24
8-15
8-15
U.
1
9-10
Shares,
Power
U.
Hoffman
Lines
S.
S.
Co.,
U.
S.
(quar.)
8-
$30c
50c
$1
50c
8-15
9-12
9-15
8-15
7-20
United
8-29
Universal
9-15
9-15
9-1
9- 1
9-10
9-15
8-30
9-12
8-15
11- 1
10-17
11-
10-17
8
8-15
8-12
9-
1
A
Steel
United
Steel
9-20
8-31*
12-20
11-30*
1
10-
1
Stores
1
8-16
10-
1
9-19
Corp..
Winding
scries B
Walton
8-13
$15c
pfd.
$6
9-30
9-15
9-
50c
Co.
'
9-10
8-
5
8-20
8-
1
$1.50
8-15
7-29
50c
—
(quar.)
Co.
8-25
8-10
8-25
(quar.)_
preferred
(quar.)_
9-
1
8-15
9-
1
8-15
25c
Co., common
preferred
22'Ac
(quar.)
—
9-
1
8-15
75c
10-
1
9-28
10-
1
9-28
1
9-12
50c
9-
8
8-29
62'AC
10-
1
9-20
1-3-50
12-22
—
62'Ac
9-
10c
9-20
9-
75c
Vanadium-Alloys Steel
8-25
9-
15c
Kniting Co
5%
prior preferred (quar.)
5%
prior preferred (quar.)
Van Norman Company
(reduced)
8-15
1
9-15
56'AC
(quar.)
(quar.)_
Utica
8-10
25c
$1.06 'A
(quar.)
preferred
Co.
3
1
1
Upper Michigan Fower & Light Co.—
6% preferred A (quar.)
4'A%
88-
$1.75
(initial)
common
4%%
convertible
8- 3
8-19
56'/4c
:
Universal Insurance
Universal
8-19
8-15
$1
new
Pictures
1
9-
9-
25c
(quar.)
!
9-15
9-15
25c
Consolidated Oil
Special
9-15
15c
Ltd
Corp.,
Corp.,
preferred
Upson
8-31*
10-
(resumed)
9-
'
8-12
9
Vapor Heating Corp.
1
5%
9-10
8-10
9- 9
8-10
50c
9- 1
8-18
10-14
9-23
(quar.) *
25c
—12 Ac
9-1
8-15
8-18
Verney Corp. of Canada, Ltd.—
4JA %
preferred
(quar.)—
Vicrov Mfg. Co.. Ltd.
Chemical
5
—,
8-17
8-19
40C
9-20
35C
10-20
Corp.
75c
9-20
9-
$30c
9-10
8-10
40c
9-12
8-16
25c
9-12
8-16
$1
9-15
8-16
25c
8-18
7-30
$50c
9-15
8-19
$4
9- 1
8-20
Walgreen Company,
9-
8-20
Electric
(quar.)
Mines, Ltd
—
common
(quar.)
———
__
preferred
8-15
Co.
20c
<quar.)
(Hiram 1
Company
Gooderham &
7-29
Warner
Brothers
8-29
Warren
(Northami,
Warren
8
8-15
1
Wagner
8-18
9-
1
Waite Amulet
12-31
9- 8
1
8-25
1
8-19
&
1
10-
9-
8-19
Walker
10-
15c
1
9-
9-10
Walker
8-19
9-
9-10
9-15
9-
6
$1
30c
12-15
9-15
9-
(quar.)
preferred
9-30
9-15
$2.50
;—
—
1
20c
Detinning
Extra
10-
$2.50
—
Inc.
Common
4%
1
56C
30c
Virginia Coal & Iron Co. (quar.)-.
Vogt Manufacturing Corp. (quar.)
7%
1
12-
$15c
(quar.)——
Virginia-Carolina Chemical—
6% participating preferred
(accum.)
Products,
9-
12-10
+
(quar.)
preferred (s-a)
Vulcan
8-
Co.
9-10
$1.25
.___
Victor
1
2
$1.25
preferred (quar.)_
preferred (quar.)
5%
8-19
8-15
9-12
9- 1
8-26
12-16
75c
(quar.)
9- 1
1
9
9-20
—
8-31
9-
9-
1-3-50
Specialties Co
8-12
90c
8
8-19
55c
—
common—
Spring & Bumper Co., com.
A'A %
preferred
(quar.)
S.
1
62 'Ac
(increased)
Co.
S.
7%
9-
50c
Extra
U.
8-10
8-10
9-
75c
Card
preferred
United
9-1
8-15
1
9-30
5Qc
$1.12(A
9- 1
10- 1
10-
75c
Playing
5'A
7-15
10-12
8-10
1
50c
Extra
8-15
9-15
7-30
1
25c
Quarterly
Quarterly
Potash
10-14
8-15
9-
10-
22'Ac
(extra)
Printing & Lithographing,
40c
8-16
$1
(s-a)
S.
3
9-12
3c
(quar.)
common
preferred
Pipe & Foundry Co.
S.
9-
1
8-28
$1.06 'A
(quar.)
preferred
U.
5
10-
60c
U.
8-15
9-
$1.75
5
5
9
3
40c
Y.)
(N.
Co.
7-30
8-10
5
10-
Machinery Corp.—
partic.
4]A%
U.
8-12
8-15
8-
Inc.
(quar.i
Guarantee
S.
8-19
8-12
&
5
8-16
$5
preferred
U.
12-10
8-10
Light
7-30
8-
(quar.)
$7
S.
7-15
8-31
55c
Co.
series B
Finishing Co., common (reduced quar.)
convertible preferred
(quar.)
U
8-15
$75c
$4
8-12
1 <-■
5
$1.75
Co._.
Insurance
Electric
S.
9-
8-17
10-
8-16
Del.,
U. S.
7-15
8-12
Illuminating
Pacific
1
25c
8-15
9- 1
9-
10-15
75c
United
9- 1
9- 1
9-15
50c
25c
50c
9-
—
Engineering & Foundry common
7%
preferred (quar.)__
United Fuel Investments, Ltd.—
6
class A preferred (quar.)
8-
$1.25
$1.25
$2
$1.12%
$1 25
(s-a)
(quar.)_
40c
$1
50c
;—
7-30
8-15
Co.—
Vicksburg Shreveport & Pacific Ry. Co.—
Common
(s-a)_—
—
7-30
8-15
65c
(quar.)__
Storage
Cold
7-29
quar.)
8-15
Aircraft
United
8-18
8
9-10
93 %c
participating prior preferred
Air Lines, Inc., 4>A%
pfd.
United
8-18
10-
8-
3
(quar.)
A
60c
(increased
Co.
Company
Drug,
$3.75
4%
1
9-20
8-15
87 Ac
7-30
9-
1
92'Ac
8-22
9-
8-30
10-
Oil Co. of California
Union
9-28
9
Missouri—
of
9-14
10- 1
8-15
8-
8-10
9-
25c
(quar.)
9- 1
9- 1
———
preferred
preferred
10-
Co.
Co.
7-30
8-
9-16
11-1Q
$1.12'A
Rubber
8-15
8-15
7-30
8-
1
8-15
$1.06'/4
(quar.)
$4.25 preferred
&
(quar.)
(quar.)
9-
10-
11-15
Corp.
$10c
t$1.25
—
Fuel
$1.25
St
25c
Steel
7-25
35c
93%c
Equip. Mfg.
Corp. (quar.)
6-18
(quarj
Co.
Salle
La
8-25
Stecher-Traung Lithograph Corp.—
8-15
Coal
Vick
(quar.)
8-
1
25c
7-29
(quar.)_
common
8
62 AC
South
5%
Railway
Standard
1
Ohio,
3
9-
8-18
Corp.—
of
8-20
8-15
$1.50
9-
Standard
8-19
9-
(quar.)
Co.
8-15
9-18
7-29
3
5%
9-15
preferred
conv.
8-15
8-31
9-
50c
9- 1
(quar.)
Dredging
8-10
25c
9-15
1
1
9-
$1.06 'A
(quar.)_
$1.05
25c
22(Ac
75c
8-10
15c
(quar.)__
$6 preferred
(quar.)
Trinity Universal Insurance
1
9-10
9-10
9- 1
9- 1
9- 9
8-15
8-31
8-31
8-15
9- 1
1
8-31
75c
9-10
9-20
12-20
8-19
1
9-
Tri-Continental Corp.
8-
9-15
9- 1
9- 1
9- 9
1
9-15
Co., Ltd.—
8-12
9-15
9-15
9-15
89-
25c
(quar.)__
ordinary (interim)
preferred (quar.)
8-12
9-15
1
8-15
9-15
40c
Co
(St. Louis)
Trust
4:/4%
Company
(resumed)
(quar.)
(quar.)
receipts
dep.
Edison,
9-
9-15
12'Ac
40c
9-18
1
Securities
Amer.
Toledo
8
8-16
$1
8-15
10- 1
1
9-
Co.
Corp.
8-
1
10c
Oil
Bearing
8-15
50c
9-15
(quar.)_„
Standard Oil Co. of California ( quar.)
Standard Oil Co. of Indiana (quar.)
30c
Roller
Insurance
8
9-12
1
9-
$1.75
Inc.
Associated
Tide Water Power
9
9-
10- 1
8-11
8-17
10-
25c
30c
87'Ac
(quar.)— ____
comon
$1.60
5%
Stores,
Drug
Water
8 ,-
10- 1
9- 1
10- 1
8-11
2
60c
(quar.)
common
8-
(quar.)
preferred
preferred
5%
Co.,
8-15
8-10
8-19
Inc.,
Shovel
9-
10- 1
2
9-
8-31
31'Ac
12-
8L10
9-
$1.25 conv. pfd. (quar.)
Thatcher Glass Mfg. Co. $2.40 pfd. (accum)
Tide
12- 9
8-23
$1.12'A
45c
1
9- 6
9- 9
8-23
9-15
(quar.)_
Thompson Products, common
4% preferred (quar.)
8-15
$1
tquar.)
Standard Cap & Seal, $1.60 pfd. (quar.)
Standard Chemical Co., Ltd., common
Extra
8-12
9- 1
9- 1
9- 1
pfd.
preferred (quar.)___
Thompson (John R.) Co
8-15
9-
9-15
25c
(quar.)
4'A%
7%
$1
(quar.)
Spencer, Kellogg & Sons Inc. (quar.)
Spiegel, Inc., $4.50 conv. pfd. (quar.)
Spotless Company (reduced)
Squibb (E. R.) & Sons, common (quar.)
$4
preferred
(quar.)—
i
$4 preferred series A (quar.)
Stamford Water Co. (quar.)
State
8-12
50c
10c
25c
$1.37(A
$1.37(A
50c
$1.12%
40c
25c
(quar.)_
Standard
1
7-29
20c
—
(Dallas)
Insur.
8-24
1
Oil
&
Mills
Flour
Universal
7-25
9-
Textron,
Public Service Co.—
Southwestern
8-
10-18*
Service-
7-25
12- 1
Coal
7-29
9-23
15c
Tex-O-Kan
U.
(quar.)
Canada
8-15
Pacific
Texas
30(Ac
(quar.)
preferred
Southern
9-15
1
8-31*
10-18*
California Edison
4.88%
12-15
9-
(quar.)
Extra
8-17
8-15
75c
Ltd
(Irreg.)
Mines,
Inc.
1
6c
30c
50c
Fund,
Corp.
Gulf
Sulphur
Texas
8-15
Co.—
9-15
9-
8-10
Hughes Gold
preferred
preferred
30c
Lines
&
Bag
preferred
Southern
3%%
Tennessee
preferred
40c
8-15
10-
Television
1
$3.50
$25c
Ltd
Greyhound
Advance
Southern
(quar.)
pfd. (quar.)—_
8-15
9-
10-
Teck
1
$3.70
87(Ac
—
Lathe
Company,
Southeastern
5%
$5c
1
Co.—
Co.
(quar.)
Works (quar.)
Pulp
Bend
Southam
$3.50
8-20
5-
30c
Carpet
Sons
preferred (quar.)
4.20% preferred
(quar.)
Socony-Vacuum Oil Co., Inc.
$5.50
1
2-
50c
50c
50c
quar.)
3(A%
4(A.%
9-
(quar.)__
—
4%%
(extra)
Co.
&
(reduced
Common
South
1
$12'Ac
1
Iron
&
Smith
Solar
9*
9
$4.50
$$1.12%
50c
(quar.)
50c
97 (Ac
10%
(quar.)
(quar.)
Sioux
Smith
3
40c
Ltd., com.
pfd. (quar.)
Co.
(reduced)
Sons,
redeemable
Slmonds
8-15
9-
t$l
(H.)
1
8-
2
56'/4C
730c
}$1.25
(quar.)
(quar.)
8-15
8-
7-15
50c
1
9-15
8-25
,
9-
27c
2
'
preferred
convertible
9-15
25c
f—
& Co.—
(Franklin)
4JA%
Simon
(quar.)
com.
Company
50c
5c
$1
$1.18%
(quar.)
(quar.)
Simmons
25c
(quar.)_
Manufacturing
&
Class
25c
Gas
(quar.)
Signode Steel Strapping,
5% preferred (quar.)
42y2c
(quar.i
Quarterly
Rockland
11- 1
Inc.—
preferred
2nd preferred
Richfield
5%
•
8-25
9-15
25c
$5c
Copper & Brass, Inc.,
Reynolds (R. J.) Tobacco—
5%
10-
7-15
9-2
7-29
9-9
8-15
7-14
8-18
$1,12 'A
common
(quar.)
Revere
5%
8-15
8-31
7-30
B
(quar.)
Royalties, class A
Signal
Common
(quar.)
preferred
6%
Rock
10c
$40c
$40c
Extra
Rio
8-31
9-15
8-15
8-25
10- 1
8-15
10- 1
9-1
8-11
9-8
9-15
10- 1
$1.183/4
(quar.)
Republic Insurance Co. of Texas (quar.)
7%
$1.50
40c
12c
125c
93 %c
50c
50c
37'Ac
50c
50c
15c
$1.25
9-9
8-17
8-12
8-1
Coventry Ltd.,
Class
7%
i
10- 1
9- 1
9- 1
$27c
preferred
Renold
$1.25
60c
125c
Ltd.
preferred
Co.,
(quar.)
(quar.)___
preferred
non-cum.
Reliance
common
Mills.
non-cum.
$1.60
(quar.)__
(quar.)
Inc.
Knitting
Regent
—
I
8-5
8-5
(quar.)
Oil & Gas, class A
Class
Colorado
(quar.)
preferred
Public Service
10-3
preferred
Signal
Y.)—
•Quarterly
Public Service
4%
8-12
50c
8-29
$1
25c
25c
25c
25c
25c
62(Ac
(quar.)
1
1
9-
25c
$1.25
62(Ac
(s-a)
9-
1
10-
8-15
9-15
Extra
11-10
8-15
8-15
A
Mfg. Corp., common
5% 1st preferred (quar.)
Sherwin-Williams Co., common
8-10
9- 1
12-1
75c
%20c
(quar.)—
Transport Co.. Ltd.-—
Public National Bank & Trust Co. (N.
3'/2%
8-15
8-15
8-22
8-19
50c
Procter & Gamble Co.
Public
9999-
25c
Provincial
4.40%
9-26
9- 1
9- 1
8-15
9- 2
8-15
8-15
25c
_
Common
4JA%
8-29
Class
8-16
8-26
10-
tl'Ac
35c
t25c
127'/2c
Sheller
8-15
1
50c
8-25
10- 3
8-15
(s-a)____
—
5c
9-
50c
50c
Extra
8-25
8-16:,
37'Ac
Electric Co.,
Inc.
(quar.)
Taylor & Fenn, 4.32% conv. pfd.
Taylor, Pearson & Carson, Ltd.—
5%
conv. preferred
(quar.)
15c
preferred A (quar.)
Shea's Winnipeg Brewing, class B
7-29
8-26
40c
t30c
t50c
175c
Extra
/
•
25c
(quar.)
4%
7-15
8-29
9-20
8-19
8-19
1
1
1
1
B
Shawinigan Water 61 Pov/er Co., com. (quar.)
9- 6
9-12
10- 1
9- 1
9- 1
35c
45e
$2.50
15c
(quar.)
Shops
i
Securities Acceptance Corp., common
5% preferred A (quar.)
l—
Security Banknote Co., common (irreg.)—
$1 preferred
(quar.)
Selected Industries, $5.50 prior pfd. (quar.)_
Serrick Corp., class A (quar.).
Class
50c
25c
37'Ac
B——
Inc.
Pressed'Metals of America
Prentice-Hall,
8-11
8- 5
8-15
8-9
10- 1
10c
—
—
Pratt Food Co.
•
8-11'
$1.25
(quar.)
A
America
of
Co.
9- 1
9-1
9-1
9- 1
9-1
10-15
al7'A%
15c
53'Ac
$1.37(4
Co.
class
Company,
9- 1
4-15
8-15
/
(quar.)—
Plymouth Oil Co.
9- 1
tlOc
8-15
9-15
(quar.)
Co.
(quar.)
Inc.
Trane
tlOc
t20c
12 (Ac
31(4c
25c
25c
$1.37V2
23c
1
8-15
Tampax,
11-
9-10
■*
9-
Talon,
Investment
Co., common
4% partic. pref
1
Secord (Laura)
Candy
8-15
Tampa
8-
9-15
8-15
50c
Roebuck & Co. (quar.)
Second
Canadian International
8-19
9- l
9- 1
20c
91'Ac
75c
$75c
50c
$1
—
40c
-50c
(quar.)
Co.
Surety
1
5c
Sylvanite Gold Mines, Ltd. (quar.)___
Syracuse Transit Corp. (reduced)
9-
9-30
12-31
Sears,
o-l®
9-12
9-30
9-30
25c
preferred (quar.)--—
———
Philadelphia Suburban Transportation Co.—
——
9-1
30c
25c
(quar.)—
Seaboard
o"i«
*
n
25c
25c
——
$1
Extra
9 "J®
«-l7
9- 1
9- »
10- 3
25c
Philadelphia Dairy Products Co._
Philadelphia Electric Co., common
•
9*28
9-
25c
1
8-
12-31
$1.25
$1.25
—
8-15;.
18c
(quar.)
Die
1
8-22
9-30
25c
5% series A non-cum preferred
5% scries A non-cum. preferred
Seaboard Oil Co, of Delaware
(quar.)
&
Company
9-
8-10
1
1
1
1
25c
(quar.)
Swift
Thrifty
vtc
Common
8 12
8-19
8-20
$1
$1.50
Dodge Corp.—
——
Philadelphia Co., $6 preferred (quar.)
$5 preferred (quar.)
—
5% non-cum. preferred (s-a>—
Phelps
Quarterly
9-10
9-1
9-10
25J*
(quar.)
Co.
y- <
9-ib
25c
50c
——-——
Dividend
Stock
^
40c
Company
Pfeiffer
8
*1.12%
(quar.)
Company
Permutit
Peter
preferred
4'A%
Corp.,
21'Ao
5
Gas
1
Thew
—
5
11-
9- 2
8-15
9999-
5
8-
11-15
$20c
12-
9- 7
91'/4C
tl.07*A
25c
8-
3iy4C
Ray Drug Co., common
6%
preferred (quar.)
8- 5
8-15
8-15
$60c
partic preferred
Propane
Co., common
&
9-16
1
25c
Sun
Oil
1
9-
31V4C
——
9-
Cc.
3.65%
9- 2
10- 1
9-10
9-12
11- 1
11-1
25c
preferred (quar.)
4.30% preferred (quar.)
Scytes & Co., Ltd. common (quar.)
5%
preferred (quar.)
Seaboard Air Line RR. Co.—
Common
vtc
(irreg.)
7 22
55c
Co
Manufacturing
Sun
10-
8-15
Extra
8-15
8-26
10- 1
62y2c
85c
$1
—
$1-
—
Oil Co., Ltd
A.)
Suburban
12(Ac
8-15
12%c
11-15
12'Ac 2-15-50
12'/2c 5-15-50
25c
8-24
7c
9- 1
(accum.)
56c
(quar.)
$60c
(D.
Class. A
8-15
8-25
8-31
25c
$2
t$1.07
—
Scovill
1
Stuart
Superior Tool
(quar.)
Dillon
Scotten
1
9-
9-15
12-15
9- 1
10- 1
50c
(quar.)
9-
8-15
$1.25
$1.25
15c
$1.10
—___—
Co., common
preferred (quar.)
preferred
$4
j
Pepper
20c
Corp.
Paper
$3.40
9-20
9- 1
preferred
Stonega Coke & Coal Co. (quar.)
Struthers Wells Corp.
(quar.)
$1.25
preferred
(quar.)
$1.25 preferred (quar.)
9-10
$1-05
———
Sayre & Fisher Brick Co. (quar.)
Schulte Real Estate, $6 preferred
Scott
9-12
Payable of Rec.
Textiles, Inc.
Stern
&
4 'A %
1
2
10-1
_________________——
Arms
Savage
8-12
9-
2
$1.12>A
pid. (quar.)
°„
8-10
75c
10c
(Dr.) Company (see Dr. Pepper)—
Pepperell Mfg. Co. (quar.)—--Pepsi-Cola Company
(resumed)-———
Perfect
Circle Corp.
(quar.)—
'
8 1
10- 1
10-1
9 lb
9- 1
10- l
10 14
**
-
7-15
»- l
50c
W.25
30c
56c
50c
W-50
Manufacturing Co
Sagueney Power Co., Ltd., 4'A%
San Antonio Transit (quar.)
Sterr.
Holdert
When
Per
Share
' Name of Company
;
8-12
9-
9- 1
conv.
Sagamore
1
9
$2
Telephone, common (quar.)preferred
—
& Bureau Valley RR.
t»-a<
^/g
25c 2
33c
8 15
li w
♦«?
a-1?
——
5%
Jig
.
(quar.)
preferred A vtc (quar.)
5% conv. preferred A vtc (quar.)
St. Regis Paper Co., common
(quar.)
4.40%
1st pfd. series A (quar.)
Saco Lowell Shops
(quar.)
Safway Steel Products, Inc. (quar.)
fl.15
1 J ™
25c
cum.
$1.32
1 ^
preferred
$1.50
Theater,
of Rec.
9-
9-12
25c
_
*
1
9-15
37'Ac
9-
i
Payable
9- 1
9-1
9- 9
9- 9
_
9-14
»
,
preferred (quar.)_
preferred (quar.)
$1 cum. preferred
(quar.i.
$1.32 cum. preferred
(quar.)
$1.32 cum. preferred
(quar.i
$1
Extra
Royal Crown Bottling (Louisville, Ky.)—
Quarterly
Ruppert (Jacob) 4%% pfd. (quar.)
Rutland & Whitehall RR. (quar.)
St. Louis-San Francisco Ry.
8_Ji
(quar.,
Common
50c
25c
Roxy
Telephone
Common
—'
«
9 15
20C
o\p
Wheel-
Grinding
Works
5c
Corp._——-——*
Cement
fl
_
Pfd. (quar.)__ $$1.06 Vi
(quar.)
25c
20d
Inc. (quar,)„
Ross Industries Corp.
(quar.).
g_31
9 w
*35c
7%
Peninsular
(quar.)_
common
(quar.)
Ltd. i'A%
Brothers,
Roos
8
}20c
Paton
Peninsular
Co.,
Extra
Parmelee
Peerless
Haase
&
preferred A
4%
Rolland Paper Co.,
Ronson Art Metal
o_]_q
_
Transportation Co. tquur.j——
Mfg. Co., Ltd., common
preferred (quar. » ——
Peabody Coal Co., common (quar.)—5%
preferred (quar.)
Rohm
8_ig
91
» Ac
(quar )
preference
participating
35c
1 2 /3!
W.06 A
t
.
g_
Share
25c
Company
Holdert
When
Per
Name of
Payable of Rec
9-16
Monday, August 15, 1949
FINANCIAL CHRONICLE
&
Holdert
When
Per
'
Name of Company
Parkersburg
COMMERCIAL
THE
50' (638)
Petroleum
Picture;,
$3
pfd.
(quar.)
9
10-10
(quar.)
—
9-
7
9
25c
Jnc
conv.
Corp.
Worts, Ltd—
9-
10-
5
75c
9-
1
8-16
20c
9-
1
8-15*
Volume 170
Number 4829
THE
Per
Name of
Warren
Company
(S.
$4.50
D.)
Share
Company
preferred
common
$1.12
Weed en & Company—
?
4%
convertible preferred
Fire
Insurance
RR
West
Oil
&
Perm
6%
Snowdrift
Electric
preferred
7%
(quar.)
Co.
50c
(s-a)
pfd.
20c
preferred
5%
Tablet
A
&
preferred
Westinghouse
Westinghouse
3 Vz%
8-15
7-18
Wisconsin
8-15
75c
9-
75c
______
8-
8-15
$1.25
1
6%
1
8-
1
8-15
8-
11-15
11-
preferred
2-15-50
2-
(F.
W.)
Woolaorth
(F.
W.)
10-
1
9-19
8-15
8-1
toe
8-15
7-29
Ordinary (interim)
Worthington Pump & Machinery Corp.—
Common (quar.)
10c
8-15
8-
8
4V2%
prior
15c
8-15
8-
3
4%%
conv.
25c
8-15
8-
3
Wright
1
Wrigley
(quar.)
Crampton
(s-a)
Corp.
1
Power
(quar.)
(quar.)
&
d$1.50
9-15
8-15
Woodall
Industries,; Inc.,
8-
9
5%
preferred
1
8-
9
87Vic
9-
95c
.____
9-
1
8-
Woodward
9
5%
&
7-
1
25c
9-20
9-
1
$1.12 >/2
9-15
9-
1
$1.12V2
9-15
9-
1
$1.25
9-16
8-31
9-
1
8-20
(monthly)
25c
50c
1
25c
10-
1
9-20
25c
11-
1
10-20
Worsted
Wyandotte
9-
(monthly)
(monthly)
10c
8-31
8-16
(quar.)
8-15
Yale
8-15
7-30
York
d$1.12'/2
9-15
8-31
Youngstowr. Sheet & Tube
r
9-15
8-20
8-31
d28c
d$1.20
9-
25c
9-
1
31 'Ac
9-
Extra
(quar.)
25c
31'Ac
common
1
8-12
1
8-12
9-
Tcwne
Corp.,
Mfg.
4V2%
Co.__,
preferred
books
not
resident
a
tax
Less
15%;
British
50c
9-28
9-
8
dLess
$1.25
9-28
9-
8
xLess 30%
3%
income
Wisconsin
8-16
10-
1
9-9
56'Ac
(quar.)
10-
1
9-16
9-15
8-12
$1.25
closed
resident
8-31
25c
for
tPayable in U. S. Funds, less
tPayable in Canadian funds,
8-19
8-31
10c
&
•Transfer
8-19
common-
CITY
8-10
8-22
Extra
Common
3
9-23
1
9-
al5%
,,
common
10-17
(quar.)
STATE AND
Corp
1
(quar.)___
Lothrop
preferred
common
8-
10-10
50c
preferred
(quar.)
preferred (quar.)
10-31
Light
9-15
1
9-
d90c
9-1
conv.
7-25
f40c
Company (quar.)
Co., Ltd.—
prior
(William)
Holdert
Payable of Rec.
&
Aeronautical
Common
d27y2c
.__
(quar.)______
preferred
(quar.)_
Power
7-25
8-15
?
50c
1
8-15
15c
.
8-
Co.—
Wood Newspaper Machinery Corp.,
5% conv. preferred (quar.)__
lo-
8-15
$2.50
25c
(quar.)____
(quar.)
Woolworth
8-15
T2%c
Co., common
4y2% preferred (quar.)____________
$4.80 preferred (quar.)_.
1
$1.25
B
8-23
preferred,
Wisconsin
1
$1.25
(quar.)
9-15
1
25c
3.60%
8-15
$1.25
common
1
Co
common
51
Ltd.—
9
50c
When
Share
-
Combing Co. of Canada,
Quarterly
9-
(quar.)__
1st ,pfd.
Electric
• *
Wool
9-
(quar.)
5%
Per
Name of Company
8-31
10-
Extra
8-31
Brake
A
&
Common
(quar.)
Electric
Lines,
Winters
7-18
Stationery Corp.
Air
preferred
5
9-15 ;
50c
(quar.)
Candle
Co.,
Holdera
Payable of Rec.
25c
(quar.»__
_■
common
B.)
(J.
9-12
$1.12%
,
(quar.)
preferred
3.80%
$1
Co..
When
(639)
t$1.12V2
.
Co.
Baumer
50c
(quar.)
(quar.)
A
preferred
&
$1.75
(quar.)
preferred A
5%
Williams
1
8-15
8-15
Paper
Oil
Wilson
$1.50
(quar.)
5%
8-17
Co.*
preferred
Western
Wilcox
Will
8-
1
Share
.
'!v /$1'-'
White's Auto Stores, Inc.
8-li
9-1
(quar.)
5%
9-
J
;
^
pfd.
9-15 -1
8-20
$1
(quar.)
Western Auto Supply Co.
(quar.)_
Western Pacific RR., common
;
1
8-16
12V2c
$4
Virginia Coal & Coke (quar.)
Virginia Pulp & Paper
4 '/2%
10-
$$1.75
!
(quar.)
preferred
West
West
1
9-16
Whitaker
Engineering Co
Wentworth Mfg. Co. (quar.)
Company
Westmoreland, Inc. (quar.)
Weston Electric Instrument (quar.)
Weston (George), Ltd., 4'/2%
10-
1
CHRONICLE
Per
Name of
Westmoretend Qoal ,Co._
8-13
1
10-15
10-
FINANCIAL
8-13
1
9-
12'/2c
35c
Wellman
Wesson
9-
&
Holder»
Payable of Rec
35c
(quar.)
Waterloo, Cedar Falls & Northern
Wajne Knitting Mills (quar.)_
Wellington
When
COMMERCIAL
tax
this
dividend.
15%
Canadian
non-residents'
deductible
tax
7%.
the
at
tax.
Non¬
source.
tax.
dividend
Jamaica income
tax.
tax.
DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
and
Montgomery, Ala.
Bond
Offering—Silas D. Cater,
Clerk, will receive sealed
City
bids until 11
for
23
the
to
not
(CST)
a.m.
purchase
exceed
4%
Aug.
$160,000
on
of
interest
street
improvement bonds. Dated Sept.
1, 1949.
Denomination
$1,000.
Due $16,000 on Sept. 1 from 1950
to 1959 inclusive.
Principal and
interest
(M-S)
payable
Chemical Bank & Trust
York
rate
City.
of
Bidders to
interest,
at
the
Co., New
name
expressed
the
in
a
multiple of % of 1%. The approv¬
ing, opinion of Reed, Hoyt &
Washburn, of New York City, will
be furnished
to
the
purchaser. A
jCertified check for $3,200,
able to the
pay¬
City, is required.
ARKANSAS
1967, $230,000 in 1968 and
1969, $250,000 in 1970 and 1971,
$260,000 in 1972, $290,000 in 1973,
$330,000 in 1974 and 1975, $360,000
in
1976,
$400,000 in 1977,
$440,000 in 1978, and $470,000 in
1979.
Bonds maturing on and af¬
July 1, 1957 are callable as a
whole, or in part, in inverse or¬
der of maturities (or by lot with¬
in
maturities) at the option of
ter
the
District
date
ment
on
any
and
on
interest
after
pay¬
Jan.
1,
at
the
principal amount
thereof and accrued interest to
1957,
date
of
mium
redemption,
of
amount if
3%
of
plus a pre¬
principal
such
redeemed
on
and after
Jan.
1, 1957 and prior to Jan. 1,
1962; 2% of such principal amount
if
redeemed
and
on
after
Jan.
1962 and prior to Jan. 1, 1967;
of such principal amount if
deemed
on
1,
1%
re¬
and after Jan.
1, 1967
and prior to Jan. 1, 1972, and call¬
able as a whole, or in part, by lot,
at the option of the District on
any interest payment date from
Portland, American Trust Co., of
San Francisco, Seattle-First Na¬
tional
Bank,
of
Seattle,
First
Boston Corp., R. H. Moulton &
Co., of San Francisco, SecurityFirst
National
Bank
of
Los
Philadelphia, Dean, Witter &
Co., J. Barth & Co., both of San
Francisco, Fidelity Union Trust
Co.,
of
Newark,
Dominick
&
Dominick, Estabrook & Co., Wm.
E.
Pollock & Co., Roosevelt &
Cross, all of New York, Trust Co.
of
Georgia, of
Atlanta,
F.
S.
Smithers & Co., Reynolds &
Co.,
both of New
York, Kaiser & Co.,
of San
Francisco, Provident Sav¬
ings Bank & Trust Co., of Cin¬
cinnati, R. D. White & Co., An¬
drews &
Wells, Inc., both of New
York, Ellis & Co., of Cincinnati,
Lawson, Levy & Williams, Stone
&
ings Association, of San Francisco.
Dated July 1, 1949. Due on July 1
fered
were
Waverly Sch. Dist., San Joaquin
County (P. O. Stockton), Calif.
Bond Offering—R. E. Graham,
County Clerk, will receive sealed
bids until 11
(PST) on Aug.
22 for the purchase of $26,000 not
a.m.
to exceed 5% interest school
pon
Oct.
registered
or
1,
1949.
bonds.
Due
,
the rate
of
interest, ex¬
pressed in a multiple of XA of 1%.
The approving opinion of Orrick,
interest to the date of redemption.
Principal and interest (J-J) pay¬
able at the office of the Treasurer
National
101.14.
of the
$85,000
improvement bonds has been sold
to
the
E.
L.
Southern
Securities Corp.,
Villareal
Crawford &
CALIFORNIA
'
Covina Union
High Sch. Dist., Los
Angeles County (P. O.
Los Angeles), Calif.
■
:
'
and after Jan. 1, 1972, at the prin¬
cipal amount thereof and accrued
District, or at the office of
the Fiscal Agent of the District in
New York City, at the holder's
Bidders to name the rate
option.
of
interest, expressed in a mul¬
tiple of
of 1%.
The approv¬
Bond Sale—The $560,000 school ing opinion of Harry W. Horton,
bonds offered Aug. 9—v. 170, p. of El Centro, Calif., attorney for
537—were awarded to the Cali¬ the District, and
Orrick, Dahlfornia Bank, of Los
Angeles; Har¬ quist, Neff & Herrington, of San
ris Trust & Savings Bank, of Chi¬ Francisco, will be furnished to the
cago, and Kaiser & Co., of San purchaser without cost.
Francisco, jointly, as 2V4S, at a
Palm Springs, Calif.
price of 100.23, a basis of about
Bond Offering—Louise McCarn,
2.22%. Dated Sept. 1, 1949. Due
City Clerk, will receive sealed
on Sept. 1 from 1951 to 1974 inclu¬
bids until 7:30 p.m. (PST) on Aug.
sive.
The second highest bidder
17 for the purchase of $950,000
was
Bank
of America
National
Trust & Savings Association, San not to exceed 5% interest munici¬
1949
bonds.
improvement
Francisco, for 2yis, at a price of pal
Dated Sept. 1, 1949. Denomina¬
100.21.
tion $1,000.
Due $50,000 on Sept.
Goleta Union Sch. Dist., Santa Bar- 1
from
1950
to
1968
inclusive.
bara County (P. O. Santa
Principal and interest (M-S) pay¬
able at the City Treasurer's office.
Barbara), Calif.
Bond Sale—The $85,000 school Bidders to name the rate of inj
bonds offered Aug. 8—v. 170, p. terest, expressed in a
multiple of
346—were awarded to the Bank of
National Trust & Sav¬
America
ings Association, of San Francisco.
July 1, 1949. Due on July 1
Dated
from
1950
to
1966
inclusive.
Imperial Irrigation Dist.
(P. O.
Centro), Calif.
Bond Offering—G. L.
Derrnody,
Secretary of the Board of Direc¬
tors, will receive sealed bids un¬
El
*4 of 1%.
The approving opinion
O'Melveny & Myers, of Los
Angeles, will be furnished to the
purchaser.
A certified check for
of
3%
of
the
principal amount
for. payable to the City, is
quired.
bid
re¬
Bank
& Trust Co.,
of
City, Magnus & Co.,
of Cincinnati, C. N. White & Co.,
of
Oakland,
Stern,
Frank
&
Meyer, of Los Angeles, and J. A.
Salt
Grand
Lake
Hogle & Co., of Salt Lake City, as
follows:
$2,000,000 street improvement1947, Series B bonds, at a price
of
101.08, a basis of about
1.42%, as follows: $470,000 as
4s, due on Aug. 1 from 1950
Bond
Junction, Colo.
Sale—The $100,000 water
revenue, Series of 1949 bonds of¬
fered Aug. 3—v. 170, p. 442—were
awarded
Boettcher
to
&
Co., of
price of 101.12,
a basis of about 2.04%. Dated July
1, 1949. Due on July 1 from 1950
Denver,
as
2y4s, at
The
second
highest
bidder
was
Bosworth,
Sullivan, & Co., and Associates,
for 2y4s, on a bid reflecting a net
to 1953
inclusive; $279,000, as interest cost of about 2.19%.
Is, due on Aug. 1 in 1954 and
Additional Sale — The $17,500
1955; $695,000 as IV4S, due on sidewalk and paving district No. 14
Aug. 1 from 1956 to 1960 in¬ bonds offered Aug. 3, p. 170, p.
clusive, and $556,000 as Ityfes, 442—were awarded to the United
due on Aug. 1 from 1961 to
States National Bank, of Grand
1964 inclusive.
Junction,
1,500,000 Municipal Railway Re¬
habilitation-1947,
Series
D
bonds, at a price of 101.09, a
basis of
lows:
Due
Is, due on
Aug. 1 in 1954 and 1955; $521,000 as IV4S, due on Aug. 1,
1956
$416,000
as
1 from 1961
to
as
1960
inclusive;
iv2s, due on Aug.
to
1964 inclusive.
7,550,000 sewage treatment 1948,
Series A bonds, at a price of
101.08, a basis of about 1.42%,
follows:
school
Sale
bonds
—
The
offered
$1,000,000
Aug. 9—v.
M-3 notes offered
revenue, Tenth Issue bonds. Dated
Oct. 1, 1949. Denomination
National
from 1961 to 1964 inclusive.
p.
Due
Trust &
11
(PST) on Aug. 23 for
the purchase of $6,000,000 not to
exceed
3y2%
interest
electric
a.m.
$1,000.
$100,000
in 1953 to 1955,
$110,000 in 1956
•and
1957.
$120,000 in 1958 and
1959, $140,000 in 1960 and 1961,
$160,000 in 1962 and 1963, $190,000
July
1,
as
follows:
•
in 1964 and 1965, $210,000 in 1966
(City and County),
California
Bond
bonds
Sale
—
offered
ciation,
Trust
&
Sayings Asso¬
of
San Francisco, Harris
Savings Bank of Chicago,
Chase
National
Bank, National
City Bank, Bankers Trust Co.,
Smith, Barney & Co., all of New
York, Northern Trust Co., of Chi¬
cago,
First
National
Bank,
of
Aug. 1 from 1950 to
on
clusive.
'• ./
1969 in¬
r ;
Greenwich Housing Authority,
Connecticut
Note
County
Special Tax
School District No. 1 (P. O.
Orlando), Fla.
Bond
Sale—The
Sale
school
The
—
bonds
-
<
$3,000,000
Aug, 5—v.
offered
170, p. 150—were awarded to a
syndicate composed of John Nu& Co., of Chicago, B. J.
yan
Ingen & Co., of New York, Trust
veen
Co.
of
Georgia, of Atlanta, Ket-
cham &
Co.,
Nongard, Welsh, Davis &
Chicago, Commerce
both of
Trust Co., of Kansas City, Thomas
M. Cook & Co., of West Palm
Beach, Maynard H. Murch & Co.,
of Cleveland* Andrews &
Wells,
Inc., Herbert J. Sims & Co., both
.
of
New
York,
the
and
First
Se¬
curities Co. of Kansas, of Wichita,
at a price of 100.04, a basis of
about 2.76%, as follows:
$453,000
as
5s.
1952 and
332,000
Due
2s.
as
July 1 in
on
1953.
Due
on
July
1
from 1954 to 1956 inclusive.
500,000
as
from
2V2s.
1957
1,715,000
from
as
Due
to
2%s.
1961
to
on
1960
July 1
inclusive.
Due
1971
on
July 1
inclusive.
Dated July 1, 1949. The second
highest
bidder
Clyde
was
C.
Pierce
Corp., Florida' National
Bank, Jacksonville, and Associ¬
ates, for $2,480,000 as 2%s, and
$520,000 as 2.85s, at a price of
100.01, a basis of about 2.77%.
Orlando,
Fla.
Bond Sale—The $125,000 airport
bonds offered Aug. 10—
revenue
442—were awarded to
Wheeler & Alleman, of
Orlando. Dated May 1, 1949. Due
on May 1 from 1950 to 1969 in¬
Co., of Buffalo, jointly, as 1.60s, at
a price of 100.58, a basis of about
1.53%.
Dated Aug. 1, 1949.
Due
The $11,050,000^
Aug. 8—v. 170, p.
442—were awarded to a syndicate
composed of the Bank of America
til
Francisco
FLORIDA
Orange
170,
Leedy,
170, p. 538—were awarded to the
Philadelphia National Bank, of
Philadelphia, Continental Illinois
National Bank & Trust Co., of
Chicago, and the Marine Trust
$1,767,000 as 4s,
due on Aug. 1 from 1950 to
1953 inclusive; $1,052,000 as Is,
due on Aug. 1 in 1954 and 1955,
$2,630,000 as 1 ^s, from 1956
to 1960 inclusive, and $2,101,000 as iy2s, due on Aug. 1
as
San
Aug. 1 from 1950 to 1969
on
inclusive.
v.
Bristol, Conn.
Bond
Due
5s. Dated July 1, 1949.
CONNECTICUT
1.42%, as fol¬
$353,000 as 4s, due on
clusive; $210,000
as
July 1 from 1950 to 1959
inclusive.
about
Aug. 1 from 1950 to 1953 in¬
from
on
as 1.60s,
price of 100.35, a basis of
1.56%. Dated Aug. 1, 1949.
a
a
inclusive.
1959
to
at
about
Denomination
(A-O)
payable at the
County Treasurer's office. Bidders
name
Williams, of New Haven,
on
interest
to
Aug. 10—v. 170, p. 538—•
awarded to Day, Stoddard &
cou¬
$1,Oct. 1, as follows:
$1,000 from 1950 to 1954 inclusive;
$2,000 from 1955 to 1963 inclusive,
and $3,000 in 1964.
Principal and
000.
Sale—The $430,000 Hunt¬
school addition bonds of¬
ington
Dated
& Co., and Hill,
Langford, all of Little
Rock, jointly, as 3s, at a price of
Arkansas
Bonds Sold—An issue of
Bond
from 1950 to 1969 inclusive,
Youngberg, both of San Fran¬
cisco, H. V. Sattley & Co., of De¬ "Dahlqufst;" Neff & Herrington, of
troit, Juran & Moody, of St. Paul, San Francisco, will be furnished
Robert Winthrop & Co., of New to the purchaser without cost.
A
York, Ginther & Co., of Cleve¬ certified check for $1,300, payable
land, Seasongood & Mayer, of to the County Treasurer, is re¬
Cincinnati, Hill, Richards & Co. of quired.
Los Angeles, Weil, Roth &
Irving
COLORADO
Co.,
of
Cincinnati,
Continental
Pope County Drainage and Levee
Diet. No. 2 (P. O. Russellville),
Shelton, Conn.
of America National Trust & Sav¬
An¬
geles, Philadelphia National Bank,
of
442—were awarded to the Bank
p.
$938,000 series
Aug. 10—v. 170,
p.
clusive.
.
GEORGIA
Athens, Ga.
Bond Sale—The $1,000,000 2V2%
school
bonds
170,
346—were awarded to the
p.
Citizens
Bank;
knd
offered
Aug.
Southern
Johhson,
Lane,
10—v.
National
Space
&
Co., Inc., and Milhous, Martin &
Co., all of Atlanta, jointly,
price of 105.91,
2.05%.
on
Dated
a
basis
July
1,
at
a
about
of
1949.
Due
July 1 from 1950 to 1979 inclu¬
1949.
Siskiyou County, Butteville Union
Elementary Sch. Dist. (P. O.
Bond
Yreka), Calif.
$27,000
Sale—The
build¬
ing bonds offered Aug. 1—v. 170,
sive.
0.75% interest, plus a premium of
Dated Aug. 1,
538—were awarded to the Put¬
nam
Trust Co., of Greenwich, at
was
Dated Aug. 15, 1949. Due on
15, 1950. The second highest
bidder was National City Bank,
New York, at 0.78% interest, plus
a premium of $11.
Harris Trust & Savings Bank, Chi¬
$60.
The
Feb.
cago;
&
second
highest
bidder
Trust Co. of Georgia, Atlanta;
Courts & Co., J. H. Hilsman
Co., and Tillman & Whittaker
Co., jointly, at
a
price of 105.38.
52
IDAHO
Falls
Twin
Bond
Clerk
of
until
bids
sealed
8
p.m. (MST) on Aug. 22 for the
purchase of $1,400,000 not to ex¬
ceed
4% interest school coupon
Dated
bonds.
July
and
due
be
Bond
offered June 28 were awarded to
the City Securities Corp., of In¬
dianapolis, at 2V2s, at a price of
101.59, a basis of about 2.32%.
payable
an
on
plan as provided by
Municipal Bond Law of the
State.
The first annual payment
amortization
the
principal shall be payable at
expiration of one year from
the date of the bonds and the last
of
the
payment of principal to be
expiration of 20 years from
bonds. The following
tentative amortization sched¬
Bond O tiering
>—
Mrs. Irma
Gehrt, District Secretary, will re¬
ceive
sealed
bids until 8 p.m.
Aug. 19 for the pur¬
chase
of
$6,000
school
bonds.
These bonds were originally of¬
fered for sale on Aug. 1.
(CST)
on
is
a
will be prepared
i
n
noon (DST) on Aug. 24
purchase of $800,000 not
5%
interest
county
the
to
exceed
setts.
cipal and interest payable at the
New
First
National
Bank
expressed in a multiple of V4 or
1/10 of 1%.
The approving opin¬
of
ion
Niles,
&
Morrow
Barton,
by the District.
for 5% of the
be furnished
will
check
certified
Ky.
City Clerk
will receive sealed bids until 8
Bond Offering—The
District
bonds,
payable to the
Treasurer, is required.
Feb. 1, as
to 1959
on
follows: $8,000 from
inclusive; $9,000 in
1.964
inclusive, and $10,to 1969 inclusive.
1950
to
1960
000
1965
from
Bonds
1969,
1960 to
maturing in
and after Feb. 1, 1959,
optional
East
Alton, III.
on
at 103.
ILLINOIS
Bidders to name the rate
&
interest, expressed in a mul¬
tiple of Vi of 1%. The approving
opinion of Peck, Shaffer & Wil¬
liams, of Cincinnati, will be fur¬
nished to the purchaser by the
Co., Barcus, Kindred & Co., and
the Municipal Bond Corp., all of
City. A certified check for $3,500
is required.
Sold—An
Bonds
000
3%%
extension
sold
been
to
&
has
bonds
Benjamin
Chicago, joinly.
1949.
Legality
Charles
improve¬
water wprks
and
ment
of
of $240,-
issue
Lewis
Dated June 1,
approved
by
Trauernicht,
Louis.
of
Spencer County (P. O. Taylors-
St.
ville), Ky.
?
Side
District
:•
and
Levee
*
'•
4
''tv
;
building
Sanitary
Illinois
Sold—An
Bonds
000
3%
bonds
1949
issue of $300,-
water drainage
storm
been
has
sold
of
the
to
bonds
revenue
Cynewski,
Board,
Tremont
18
$285,000 First Series notes. Dated
1949.
Due on July 18,
1950.
Principal and interest pay¬
able at such incorporated bank or
Aug. 29,
trust
company
notes offered
Series
on
on
interest payment
May 1, 1953, at
any
after
or
interest to the date
plus a pre¬
redeemed
accrued
4—170,
Aug.
tional
at
Dated Aug. 15, 1949.
York,
J.
P.
Due
Co.
Bank,
&
Morgan
and Second National
Boston, jointly, as 0.85 %.
Offering
Bond
,
<
-,
Preston
—
F.
Nichols, Town Treasurer, will re¬
ceive
sealed
bids
until
noon
(DST) on Aug. 17 for the pur¬
chase of $100,000 library coupon
bonds.
Dated Sept. 1, 1949.
nomination
on
Due
$1,000.
follows:
De¬
$10,000
Sept. 1 from 1950 to 1959 in¬
$20.00
on
called for redemption
each bond
in the years
1954; $15.00 on each
bond called for redemption in the
1953
and
1955 and 1956, and $10.00
bond, called for redemp¬
years
on
each
tion
in
the
year
and
all
shall
1957;
thereafter
called
bonds
be
Principal and
interest
(M-N)
payable at the
Charlevoix
County State Bank,
redeemed
at
Charlevoix,
par.
or
at a bank or trust
to be designated by the
company
Mass.
Reading,
mium for each bond so
as
443—were awarded to the Na¬
Shawmut Bank, of Boston,
0.81% interest, plus a premium
p.
purchaser
the
as
purchaser of the bonds.
Bidders
name the rate of interest, ex¬
to
a multiple of 14 of 1%.
approving opinion of Harry
Cook, of Alden, will be fur¬
pressed in
The
T.
the
pur¬
chaser. A certified check for
$900,
nished
without
cost
to
payable to the District Treasurer,
is
required.
-
clusive.
Principal
and interest
designates. The approving opin¬
payable at the Second National Curtis and Mikado Twps., Curtis
ion
of
Sullivan,
Donovan
&
Bank, of Boston. Bidders to name
Twp. Unit Sch. Dist* (P. O?
Heenehan, of New York City, will
the rate of Interest, expressed in
Glennie), Mich.
be furnished to the purchaser at
a multiple of 14 of 1%.
The ap¬
Bond Offering —Ernest Lilley,
the expense of the Authority.
proving opinion of Storey, ThornSecretary of the Board of Educa¬
Cambridge Housing Authority,
dike, Palmer & Dodge, of Boston,
tion, will receive sealed bids until
Massachusetts
will be furnished to the purchaser.
8 p.m. (EST) on Aug. 17 for the
Note Offering—J ohn J. Hagerty,
purchase of $75,000 not to exceed
Salem, Mass.
Chairman,
will
receiye
Sealed
3%%
interest
school
coupon
Bond Offering — Arthur T.
bids at the office of the State
bonds.
Dated Aug. 1, 1949.
De¬
Housing Board, 18 Tremont Street, Brennan, City Treasurer, will re¬ nomination $1,000. Due $15,000 on
Boston, until 11 a.m. (DST) on ceive sealed bids until 11 a.m. May 1 from 1950 to 1954 inclusive.
Aug. 18 for the purchase of $855,- (DST) on Aug. 16 for the pur¬ Principal and interest (M-N) pay¬
000
First
Series
notes.
Dated chase of $370,000 coupon bonds, able at such bank or trust com¬
29, 1949 and due Aug. 29, divided as follows:
pany in the State as shall be des¬
Principal and interest pay¬ $285,000 school bonds. Due $15,- ignated by the original purchaser
able at the Second National Bank
000 on Sept. 1 from 1950 to of the bonds. Bidders to name the
Aug.
price of 101.25,
of Louisville, at a
a
basis of about 3.10%, as follows:
Due on July 1 from
$8,000 as 3s.
The approving opin¬
Sullivan,
Donovan
&
Boston.
ion
of
offered Heenehan, of New York City, will
Aug. • 9—v.
170,... p.
539—were
awarded to the Bankers Bond Co.,
(P. O. East St. Louis),
Massachusetts
Note Sale—The $975,000 Second
Chairman,
will
receive
sealed
bids at the office of the State
of
\
$60,000 school
Sale—The
Bond
v
East
Note Sale—Frank N.
date
par
Authority,
Housing
Inc.,
Massachusetts
cal order
1950.
'
,■
;
redeemed
be
fixed for redemption,
New
Street, Boston, until 11 a.m. (DST)
on
Aug. 18 for the purchase of
KENTUCKY
p.m.
(CST) on Aug. 15 for the
payable at the Board of, Trustees' purchase of $175,000 school build¬
Dated Aug. 1,
office.
The approving opinion of ing revenue bonds.
1949.
Denomination $1,000.
Due
Chapman & Cutler, of Chicago,
A
Massachu¬
of
July 18, 1950. The second high¬
est bidder was Bankers Trust Co.,
Amesbury Housing Authority,
Housing
Thomas,
Taxation
Bedford
of $28.
MASSACHUSETTS
improvement bonds purchased by
Ravenscroft & Co., of Cedar Rap¬
Fort
and
Southern
of
Maryland, Upper Marlboro.
Bid¬
ders to name the rate of interest,
1957 to 1961,
at the option
District in inverse numeri¬
maturing in
Bonds
of the
tions
exceed
bonds.
Denomination
$1,000.
Due May 1, as follows:
$3,000 in 1950 to 1953, $4,000 in
1954 to 1960, and $5,000 in 1961.
ineness
by the Director of Ac¬
Department of Corpora¬
1949
1, 1949.
Dated May
may
counts,
000 in
$67,000 in 1958, $69,000 in 1959,
$70,000 in 1960, $72,000 in 1961,
$73,000 in 1962, $75,000 in 1963,
$77,000 in 1964, $78,000 in 1965,
$80,000 in 1966, $82,000 in 1967,
$84,000 in 1968, and $86,000 in
1969. Principal and interest (J-J)
under the super¬
purchase of $45,000 not to
4% interest school coupon
vision of and ceitified as to genu¬
on
1, as follows: $56,1950, $57,000 in 1951, $59,- ids, as previously noted in v. 170,
000
in
1952,
$60,000
in
1953, p. 539—were sold as 2%s, at a
rjrino 0f
100.11, a basis of about
$62,000 in 1954, $63,000 in 1955,
$64,000 in 1956, $66,000 in 1957, 2.72%. '
Due July
ule:
bids until
for
Details—The $26,000
Sale
Bond
of the
and
Co., Boston. Bidder to name a
single rate of interest, expressed
in a multiple of 14 of 1%.
Notes
e r
Home, la.
Van
at the
$1,000.
semi-annual
in¬
payable at the Day Trust
terest
g—The County
Commissioners will receive sealed
011
Yost, of Baltimore.
annual
date
O.
tion $1,000. Due $32,000 on Sept. 1,
from 1950 to 1974 inclusive. Prin¬
Mallard Cons. Sch. Dist., Iowa
bonds
The
Denomination
1,
1949.
Principal
r
County (P.
Upper Marlboro), Md.
George's
hospital of 1949 coupon bonds.
Dated
Sept. 1, 1949. Denomina¬
IOWA
De¬
1949.
1,
$1,000.
nomination
shall
Sale—The $123,500 bonds
Bond
E. Trail,
Trustees,
G.
—
Board
the
receive
will
O.
Prince
Falls), Idaho
Offering
of
(P.
411
No.
Twin
Newbury Twp. Sch. Twps. (P. O.
Shipshewana), Ind.
A
Monday, August 15,
CHRONICLE
FINANCIAL
&
MARYLAND
INDIANA
.
Class
County
Dist.
Sch.
COMMERCIAL
THE
(640)
be furnished
by the Authority.
1968 inclusive.
'
inclusive.
1954
..
expressed in a
% of 1%. The ap¬
opinion of Claude H.
Stevens, of Berry, Stevens, Barbier& Evely, of Detroit, wiU be
furnished. A certified check for
rate
85,000 paving bonds. Due $17,000 on Sept. 1 from 1950 to
v;
Dated Sept. 1, 1949. Denomina¬
Chelsea, Mass.
Principal and in¬
Bond Offering—George F. Hen¬ tion $1,000.
terest payable
at the National
derson, City Treasurer, will re¬
Shawmut Bank, of Boston, or at
ceive
sealed
bids until
11
a.m.
interest,
of
multiple
proving
of
$1,500, payable to the
Treasurer, is required.
District
(DST) on Aug. 16 for the purchase the City Treasurer's office, at the
Egleston Twp. Sch. Dist. No. 2,
$170,000 municipal relief loan, option of the holder. Bidders to
(P. O. Hall Road, R. No. 4,
Act of 1949 coupon bonds. Dated name a rate of interest, expressed
from 1954 to 1963 inclusive.
Muskegon), Mich.
in a multiple of 14 of 1%.
The
Denomination $1,Dated July 1, 1949. The second Aug. 1, 1949.
Bond Offering—Martin Larabee,
opinion
of
Storey,
000.
Due on Aug. 1, as follows: approving
highest
bidder
was
Almstedt
$45,000 in 1950 and 1951, and $40,- Thorndike, Palmer & Dodge, of Director, will receive sealed bids
Bro!?., and Russell, Long & Burk000 in 1952 and 1953.
Principal Boston, will be furnished to the until 8 p.m: (EST) on Aug. 15 for
holder, jointly, for $8,000 as 3s,
the purchase of $15,000 not to ex¬
Charles
&
Trauernicht, of St. and $52,000 as 314 s, at a price of and interest payable at the Na¬ purchaser.
ceed
4% interest school coupon
tional Shawmut Bank, of Boston.
Louis.
Taunton, Mass?
100.55.
bonds.
Dated July 1, 1949. De¬
Bidders to name the rate of in¬
Bond
Offering—- Howard
A.
EnfietJ,
nomination $1,000 and $500. Due
terest, expressed in a multiple of
Bonds Sold—An issue of $95,Briggs, City Treasurer, will re¬ on Nov. 15, as follows: $500 in
LOUISIANA
V4 of 1%. The approving opinion
ceive
sealed
bids until 4 p.m.
000
water
revenue
bonds
has
1950 and 1951, and $1,000 frOm
of Storey, Thorndike, Palmer &
New Orleans, La.
(DST) on Aug. 16 for the pur¬
been sold the Benjamin Lewis &
Dodge, of Boston, will be fur¬ chase of $200,000 sewage treat¬ 1952 to 1965 inclusive. Bonds ma¬
Bond Sale—The $4,500,000 bonds
Co., of Chicago.
turing in the years 1958 to 1965,
nished to the purchaser.
ment loan; Acts of 1948 coupon
offered Aug. 10—v. 170, p. 443—
Notes are dated Aug. 12, 1949.
may be redeemed at the option of
Massac County Sch. Dist. No. 35
1949. De¬
Municipal
Bond
Corp.,
of
St.
Louis, at a price of par. Dated
July 1, 1949.
Due on Dec. 1, as
follows: $15,000 in 1962 and 1963;
$40,000 from 1964 to 1966 inclu¬
sive, $45,000 in 1967; and $105,000
in
1968.Legality approved by
,
Secretary of the Board of Educa¬
tion, will receive sealed bids
til
7
the
purchase
exceed
Dated
1,
(CST)
p.m.
4%
of
on
Aug.
$275,000
un¬
for
17
not
to
interest school bonds.
Sept. 1, 1949. Due
on
Sept.
follows: $9,000 in 1950; $9,1951: $10,000 in 1952; $10,in 1953; $11,000 in 1954; $11,in 1955; $12,000 in 1956; $12,in 1957; $13,000 in 1958; $13;in 1959; $14,000 in 1960; $14,in 1961; $15,000 in 1962; $15,in 1963; $16,000 in 1964; $16,in 1965; $17,000 in 1966; $17,-
as
500 in
500
500
500
500
500
500
•500
500
.
in
1967;
in
opinion of
$18,500
shall
some
at
his
own
Philo,
Bond
foss,
1968, and
approving
market attorney,
printed bonds,
furnished
be
chaser
The
with the
together
:
$18,000 in
1969.
by
the
pur-
expense.
Village
Clerk,
will
receive
sealed bids until 5 p.m. (CST) on
Aug. 15 for the purchase of $20,000
3%
water
system
bonds.
Dated July
1. 1949.
Denomina¬
tion
$1,000.
follows:
Due on Dec. 1, as
$1,000 from 1950 to 1959
inclusive, and $2,000 from 1960 to
1964 inclusive.
authorized
on
Aug. 2.
at
These bonds
the
.
syndicate
com¬
Co., Inc., National Bank of Com¬
of New Orleans; W. H.
York; Weil
& Arnold, of New Orleans; Com¬
merce Trust Co., of Kansas City;
merce,
Morton & Co., of New
Pollock
E.
Wm.
&
Co.,
of
New
Wurts, Dulles & Co., of
Philadelphia;
Kohlmeyer, Newburger
&
Co.,
John
Dane,
Schweickhardt,
Landry
&
Co.,
Lamar & Kingston, and Woolfolk
York;
& Shober, all of
New Orleans, as
follows:
/'"..vv';":.
.
$1,500,000 street improvement, se¬
ries C bonds, at a price of
100.27, a basis of about 2.46%,
as follows:
$95,000 as 4s, due
Oct.
on
1
inclusive;
due
as
III.
a
posed of the Chase. National Bank,
of New York; Harriman Ripley '&
on
1987
Offering—Robert Loving-
Due on July 1
awarded to
were
(P. O. Metropolis), III.
Bond Offering — Mabel Elliott,
1953 inclusive.
1950 to
52,000 as 3 V4S.
from
1951
$1,285,000
Oct.
1
inclusive,
2V4S, due
on
from
2V2s,
to
1955
and $120,000
Oct. 1 in 1988
and 1989.
■
3,000,000 grade separation, series
B
a
bonds, at
a
price of 100.26,
basis of about 2.47%, as
lows:
$185,000
as
4s,
bonds.
fol¬
held
,
.
Mast.':,
Bond
Oct.
1
from
1955
to
clusive, and $235,000
bids
due
on
$120,000
as
follows:
Leveret\
School
The
$100,000 self-
notes.
Consolidated
Due
$6,000
on
Sept.
1
&
Unit
Co., Inc., of Toledo, at
price of
as
100.01, basis of about
follows:
$156,000 as 3V2s.
Due on July !
1950 to 1952 inclusive.
56,000 as 314s.
Due on July 1,
1953.
Dated
July 1, 1948.
The second
Secretary of the Board of Educa¬
highest bidder was H. V. Sattley
X* Co.. Bqr°"s, Kindred & Co., and
McDonald-Moore & Co., jointly,
tion, will receive sealed bids until
from
All of the notes
a
3.39%,
and Marion Twps.,
for
5
100.14,
Due $1,000
1950 to
1969
inclusive.
.
Arm
Banks Twp.
School District (P. O.
Banks, Central Lake, South
on
awarded to Stranahan,
540—were
Harris
from
Box 53, Ellsworth),
20,000 school notes.
214s,
i Bond Sale—The $212,000 school
bonds offered Aug. 8—v. 170, p.
3.74%.
Sept. 1 from 1950 to 1969 in¬
on
Oct. 1 in 1988 and 1989.
—
c/o
notes, divided
1987 in¬
as
Sale
liquidating water revenue bonds
Day Trust Co., offered Aug. 1 — were awarded
Ill Devonshire St., Boston 9, un¬ to the First of
Michigan Corpora¬
til 11 a.m. (DST) on Aug. 18 for.
tion, of Detroit, on a bid reflect¬
the purchase of $140,000 coupon
ing a net interest cost of about
sealed
due on
2V2s, due
1,
Auburn, Mich.
Note Offering—Fannie H. Tay¬
lor/Town Treasurer, will receive
were
election
everett.
clusive.
as
Jan.
.
1
Oct. 1 from 1951 to 1954 inclu¬
sive; $2,580,000
Dated
$50,000 and $25,- nomination $1,000. Due on Jan. 1, the District in inverse numerical
order on Nov. 15, 1953, or on any
000.
Due on Dec. 28, 1949. Le¬
as
follows:
$10,000 from 1950 to
gality approved by Storey, Thorn- 1959 inclusive, and $#)00 from interest payment date thereafter
dike, Palmer & Dodge, of Boston. 1960 to 1979 inclusive. Principal at par and accrued interest to the
date fixed for redemption.
Bid¬
and interest payable at the Mer¬
Grafton, Mass.
ders to name the rate of interest,
Note Offering—Philip H. Wing, chants National Bank, of Boston.
expressed in a multiple of 14 of
Town Treasurer, will receive seal¬ Bidders to name the rate of inter¬
1%. Principal and interest (M-N)
ed bids in care of the Day Trust est,
expressed in a multiple of
payable at the National Lumber¬
Co., Boston, until 11 a.m. (DST) 1/4 of 1%. The approving opinion man's Bank, Muskegon. The ap¬
on
Aug. 17 for the purchase of of Storey, Thorndike, Palmer &
proving opinion of Miller, Can$48,000 fire station loan coupon Dodge, of Boston, will be fur¬
field, Paddock & Stone, of De¬
notes.
Dated Sept. 1, 1949.
De¬ nished to the purchaser.
troit, will be furnished without
nomination $1,000. Due $3,000 on
expense to the purchaser.
A cer¬
MICHIGAN
Sept. 1 from 1950 to 1965 inclu¬
tified check for $300, payable to
sive.
Princioal and interest pay¬
Ann Arbor Sch. Dist., Mich.
the District Treasurer, is required.
able at the Day Trust Co., Boston. V Bond Sale Postponed—The sale
Bidders to name the rate of inter¬ of
Erin and Warren Twps. Frac.
the
$1,600,000 school bonds,
est, expressed in the multiple of originally scheduled for Aug. 10,
Sch. Dist. No. 2 (P. O.
y4 of 1%.
East Detroit), Mich.
has been postponed until Aug. 31.
Denominations
1954
to
as
of
are
dated Sept.
Mich.
Bond Offering—William Petter,
p.m.
(EST)
on
Aug. 19 for the
$212,000 as 314s, at a price of
a basis of about 3.44%.
*
Volume
v
Grand
170
THE
Number 4829
-
dock &
Township Frac.
5 (P. O.
Rapids
Orlando Avenue,
S. E.
Grand Rapids),
Michigan
Route
500, payable to the District Treas¬
3,
Norton
Director of School Board, will
son,
bids
sealed
receive
until
7
is required.
urer,
Bond Offering—Russell L. John¬
;
Stone, of Detroit, will be
furnished and paid for by the Dis¬
trict.
A certified check for $4,-
School District No.
884
and
ing bonds offered Aug. 1—v. 170,
p.
349—were
awarded
to
the
Hackley Union National Bank, of
Aug. 15, 1949. Denomination $500.
Due $1,500 on April 1 from 1950
to 1969 inclusive. Bonds maturing Muskegon,
1949. Due
in 1960 to 1969, to be redeemable
Prin¬
cipal and interest (A-O) payable
Bank, Grand Rap¬
Bidders
to
the
name
rate
of
2%s.
as
Dated July 11,
July 11 in 1950 and
on
1951.
at the Old Kent
ids.
Townships,
Frac. (P. O. Muskegon), Mich.
Bond Sale—The $47,000 build¬
,»
order.
Fruitport
Samuel G. Hile Sch. Dist. No. 2,
p.m.
(EST) on Aug. 17 for the purchase
of $30,000 not to exceed 4% inter¬
est school
coupon
bonds. Dated
in inverse numerical
COMMERCIAL
Watervliet, Mich.
Offering — Quentin
Aug.
on
Johnson, City Clerk, will receive
expressed in a multiple
of lk of 1%. The approving opin¬
sealed bids until 8 p.m.
ion of
market attorney shall
be furnished by the purchaser at
000 not to exceed 3% interest gen¬
eral
obligation
coupon
bonds.
his
from
1
clusive.
All
CHRONICLE
Due $5,000
1971 in¬
1952 to
Bidders
thereafter.
rate
to
the
name
interest, expressed in a
multiple of 1/10 or
of 1%.
of
Principal and interest payable at
any
suitable banking institution
designated by the successful bid¬
der. These bonds
election
the
authorized
were
held
Aug.
on
2.
approving opinion of Dorsey,
Colman, Barker, Scott & Barber,
of Minneapolis, will be furnished
without
cost
the
to
purchaser. A
own
A certified check
expense.
for 4600,
payable to
the
Treasurer, is required.
Rural
Honor
Sch.
Bond
•
bonds
Agricultural
Dist.,
Mich.
Sale—The
offered
District
.
Aug.
First National Bank of Watervliet.
$80,000 school
4—v. 170, p.
awarded to the Walter
444—were
J. Wade, Inc.,
of Grand Rapids, at
price of 100.02, a basis of about
3.68%, as follows:
a
as 3%s.
from 1950 to
Due on July 1
$68,000
12,000
1962 inclusive.
3^s.
as
Due
Aug. 1, 1949. Denomination
$500. Due on Aug. 1, as follows:
$1,500 from 1950 to 1971 inclusive,
and $2,000 in 1972. Principal and
interest
(F-A)
payable
at the
July
on
1
Bidders to
name
the rate of inter¬
est, expressed in a multiple of
y4 of 1%. The approving opinion
of
Miller, Canfield, Paddock &
Stone, of Detroit, will be fur¬
nished
without
expense
to the
purchaser. A certified check for
$2,000, payable to the City Treas¬
is required.
urer,
from 1963 and 1964.
Dated July 1,
1949. The second
highest bidder was McDonaldMoore & Co.. for $80,000 as 3%s,
at a price of 100.24.
Livonia
School District
r
(P' O. 15125 Farmington
f
Road, Plymouth), Michi
Bond Sale
The $1,175,000
Township
■
—
building bonds offered Aug. 10—
v.
170, p. 348—were awarded to
Welsh, Davis & Co., of Chicago,
at a price of 100.017, a net in¬
terest cost of about 3.067%, as fol¬
Wayne Twp. Sch. Dist., Mich.
Bond Offering — Ray Rieman,
Director, will receive sealed bids
until
Aug. 15
for the purchase of $20,000 not to
Due July 1, 1952 and
130,000 4s.
1953.
\
,
Due July 1, 1954.
930,000 3s.
Due on July 1 from
1955 to 1965 inclusive,
80,000 3%s.
The
bonds
July
dated
are
1,
maturing from
1955 to 1965 are optional, in in¬
verse
order, beginning July 1,
1954, at varying premiums de¬
pending on the date of redemp¬
1949
those
and
.
tion.
Genesee
and
Morris
Flint
interest building cou¬
bonds.
Dated Aug. 15, 1949.
pon
Denomination
April 1,
and
$3,000 from 1951 to 1956 in¬
clusive.
Principal
and
interest
(A-O) payable at the Dowagiac
National
of Cincinnati
$270,000
as
follows:
as
Due
3%s.
as 3V4S,
Due
from 1962 to 1964
Dated July
June 1
on
June 1
inclusive.
1, 1949.
Michigan
Offering-i-Joseph M. Fer-
rell, Secretary of the Board of
Education,
will
receive
sealed
bids until 8 p.m. (EST) on Aug.
the
for
coupon
4%
$225,000
of
purchase
exceed
to
interest school
bonds. Dated July 1, 1949.
$1,000. Due $15,000
Denomination
April 1 from 1950 to 1964 in¬
clusive.
Bonds
deemed
in
in
maturing
the
be re¬
at the option of the Dis¬
1960
years
to
1964,
may
numerical
inverse
of
Due on Aug.
1959 inclusive.
to
Minn. (P. O.
Route 265, White Bear
Lake, 10), Minn.
Bond Offering—Fletcher G.Driscoll,
NEW
called for
redemption on or prior to April 1,
1958; and a premium of $10 on
each bond called for redemption
each
bond
Bidders to
clusive.
8
p.m.
name
April
1,
Principal and interest (A-O)
to
be
chaser.
bank
or
designated
ple of 14 or 1/10th of 1%. The ap¬
proving opinion of Briggs, Gilbert,
Morton, Kyle & Macartney, of St.
Paul, will be furnished by the
Village without cost to the pur¬
chaser.
Principal
and
interest
payable at any
trust
company
suitable bank or
designated by the
purchaser. A certified check for
$500, payable to the Village, is re¬
quired.
Bidders to
the,
'•
Willmar), Minn.
Bond
Sale —The
construction
bonds
$83 000
&
ditch
and
offered
improvement
Aug. 3—v. 170, p.
349—were awarded to J.
M. Dain
Co., of Minneapolis, as 13/4S and
2s,
at
name
the rate
of
interest, expressed in a mul¬
tiple of 1/4- of 1%. The approving
opinion cf Miller, Canfield, Pad¬
July 29 — v. 170,
awarded to Piper,
Jaffra.y & Hopwood of Minneap¬
olis, as 2Vzs, at a price of 100.13, a
basis of about 2.483%. Dated July
1,
1949 and due
1950 to 1964
July 1 from
on
price of
a
Due
100.13.
on
H.
N.
Scanlofi, Minn.
Offering — Inar Sather,
Village Clerk, will receive sealed
bids until 8 p.m. (CST) on Aug.
24
for
the
purchase of $18,000
water main bonds. Dated Sept. 1,
B o
of
Boston.
rate
Bidders
to
Denomination
1949.
$1,000
Sept.
on
1
inclusive.
1969
$1,000.
from
Due
1952
to
approving
The
Faegre & Benson of
Minneapolis, will be furnished to
the purchaser. A certified check
for $100, payable to the Village, is
opinion
of
interest, expressed in a
multiple of !4 or l/10th of 1%.
O f f
e r
i
n
g—Clarence J.
pon
bonds.
Dated Aug.
1, 1949.
—were
to a group composed of
Co., Inc., B. J. Van Ingen
& Co., Inc., E. H. Rollins &
Sons,
George B. Gibbons & Co., Inc.,
all of New York, and MacBride,
Miller & Co. of Newark. The win¬
ning bid was for $1,230,000 bonds
as
l%s, at a price of 100.22, a
basis
of
mature
about
1.71%.
The
bonds
serially from 1950 to 1968
inclusive.
Pilesgrove Twp. Sch. Dist. (P. O.
Woodstown), N. J.
The
approving opinion of Storey,
Thorndike, Palmer & Dodge, of
Boston, will be furnished to the
bonds
purchaser.
Ingen & Co., New York, and Dol¬
Nashua, N. H.
Offering—Alfred
Note
lin,
O.
Pou-
Bond Sale—The
offered
444—were
$265,000 school
8—v. 170 p.
Aug.
awarded
to
J.
B.
Van
phin & Co., of Philadelphia, joint¬
ly, as 2.45s, at a price of 100.27,
basis of 2.42%.
a
Dated June
1,
will receive 1949. Due on June
1, 1950 to 1969
(DST) on inclusive. The second
highest bid¬
Aug. 16 for the purchase of $200,- der was Stroud &
Co., Rogers,
000 notes.
Dated Aug.
16, 1949. Gordon &
Co., and Campbell &
Denomination $50,000 and $25,000.
Co., jointly, for 2.45s, at a price of
Due on Dec. 30,
1949.
The ap¬
100.17.
;
/; /J;.
proving opinion of Storey, Thorndike, Palmer & Dodge, of Boston,
Point Pleasant, N. J.
*
City
Treasurer,
sealed bids until 11
a.m.
will be furnished,
V-V..";
Bond
NEW JERSEY
*
.
Audubon, N. J.
...V,
n g—Charles
,
O f f e r i
Bond
R.
Dietz, Jr., Borough Clerk, will re¬
ceive
bids
sealed
(DST)
Aug.
on
until
23
7:45
p.m.
the
for
pur-:
chase of
$40,000 not to exceed 6%
interest equipment and memorial,
1949 coupon or registered bonds.
Dated Sept. 1, 1949. Denomination
$1,000. Due on Sept. 1, as follows:
$6,000 in 1950; $7,000 in 1951, and
$9,000 from 1952 to 1954 inclu¬
sive. Principal and interest (M-S)
payable at the Audubon National
St. Louis County Com. Sch. Dist.
Bank, Audubon. Bidders to name
No. 30 (P. O. Route 4,
the rate of interest, expressed in
Box 602, Duluth), Minn.
a /multiple
of Vs or 1/20 of 1%.
Bond Sale — The $15,000 build¬
The approving opinion of Haw¬
ing bonds offered Aug. 3—v. 170,
kins, Delafield & Wood, of New
p. 444—were awarded to the First
York City, will be furnished to
and American National Bank, of
the purchaser. A certified check
Duluth, as 2V2s, at a price of for
$800, payable to the Borough,
100.50, a basis of about 2.43%. is
required.
1 Dated July 1, 1949. Due on July
1 from 1952 to 1962 inclusive. The
Belmar School District, N. J.
required;
'
/
'
.
,,
Bond
-
the
for
MISSISSIPPI
Corinth, Miss.
$400,000 public
sewer system bonds offered Aug.
10—v. 170, p. 541—were awarded
to M. A. Saunders & Co., of Mem¬
Dated Sept. 1, 1949 and
March 1 from 1950 to 1969
on
inclusive.
pon
Dated
bonds.
July 1, 1949. Denomination $1,000.
Due $10,000 on July 1 from 1950
to 1969 inclusive.
Principal an.d
interest
mar
(J-J) payable at the Bel-
National Bank, Belmar. Bid¬
ders to
the
name
rate of interest,
expressed in a multiple of
'
of
1/20
Ocean
Springs, Miss.
Bonds Sold—An issue of $15,000
fire
interest school cou¬
registered
or
25
purchase of $200,000 not
to exceed 6%
Bond Sale—The
due
Offering—Joseph H. Lyon,
District Clerk, will receive sealed
bids until 8 p.m. (DST) on Aug.
equipment
Offering—William I. Cur-
Borough Clerk, will receive
sealed bids until 8 p.m. (DST) on
Aug. 23 for the purchase of $30,-
opinion
Vs or
approving
The
1%.
Marshall,
York
Caldwell,
of
Trimble & Mitchell, of New
City, will be furnished to the pur¬
A
certified
check for 2% of the par
value of
without
chaser
cost.
Bond
Cascade, Mont.
$50,000
Sale—The
offered
sewer
Aug.
auer
&
at
price
a
(M-S)
National
Pleasant Beach.
3s, at a price of par.
1949.
to
21/2 s, as previous¬
ly noted in v. 170,p. 349—were sold
a price of par, and mature $1,500 on July 1 from 1950 to 1961
inclusive, redeemable in full on
at
any
interest payment date 6 years
from date.
.
NEBRASKA
Bond
Sale—The $200,000 street
Aug.
offered Aug.
Due on Sept. 1,
1956.
The second
highest
bidder
was
Continental
Illinois
National
Bank
&
$3,000
Bidders to
name
of
interest, expressed in.
a
multiple of Vs or 1/20 of 1%.
The approving opinion of Haw¬
kins, Delafield & Wood of New
York City, will be furnished to
the purchaser. A certified check
for $600, payable to the Borough,
is required.
f
J.
N.
Raritan,
Bond Offering—Vincent J. Min-
netti, Borough Treasurer, will re¬
ceive
until
bids
sealed
8
p.m.
for the pur¬
chase of $30,000 not to exceed 6%
interest improvement coupon or
registered bonds.
Dated Aug. 1,
1949. Denomination $1,000.
Due
(DST)
Aug. 1,
on
22
Aug.
on
follows: $4,000 from
and $6 000
as
1952 inclusive,
1950 to
from 1953 to 1955
inclusive.,.Prin¬
cipal and interest (F-A) payable
the Raritan State Bank, Rari¬
tan. Bidders to name the rate of
at
interest, expressed in
of
Vs
a
l/20th of 1%.
or
multiple
The ap¬
proving
opinion
of
Caldwell,
Marshall, Trimble & Mitchell of
New York City, will be furnished
to the purchaser without cost. A
of the
certified check for 2%
value of
the
bonds offered,
par
pay¬
is
;V.V'."
able to the Borough Treasurer,
required.
;
■
.
NEW YORK
of
100.06,
Dated
Due. on Aug.
1964
a
3.40s,
as
basis
of
15,
Aug.
15 from 1950
inclusive.
;;
Bond
Route
Bond
(P. O.
6A, Woodport), N. J. ./
Nicholas Church,
Sale
—
445—were awarded to the
Buffalo, as 1.70s, at
price of 100.19, a basis of about
Dated June 1, 1949 and
Trust Co., of
a
1.66%.
due
on
Dec.
18
until
for
not to
8
the
p.m.
purchase
exceed
coupon or
(DST)
6%
of
Aug.
$335,000
on
interest
&
1961
1950 to
from
bid; of
made by J. G^
high
Co., Inc., and Sherwood
'.
Co., jointly.
Hempstead, Lakeview Fire Dist.
(P. O. Lakeview), N.
Bond
school
registered bonds. Dated
1
Second
100.15 for 1.70s was
White &
District Clerk, will receive sealed
bids
10—v. 170, p.
Marine
bonds offered Aug.
inclusive.
Jefferson Twp. Sch. Dist.
Dist.
O. Allegany), N. Y.
■
Sale—The $24,000 school
No. 1 (P.
p.
to J. B. Han-
Co., of Newark,
Sch.
Central
Olean
and
170,
9—v.
Doughty,
Offering
—
Y.
Harold
District Secretary, will
Aug. 1, 1949. Denomination $1,000.
on Aug. 1, as follows: $10,000
from 1951 to 1970 inclusive, and
receive sealed bids until 2:30 p.m.
Due
(DST)
$15:000 from 1971 to 1979 inclusive.
Principal and interest (F-A) pay¬
able at the National Union Bank,
Dover.
Bidders to name the rate
interest
mul¬
The
8—v. 170. p. 445—were awarded tiple of Vs or l/20th of 1%.
opinion of Hawkins,
to Halsey, Stuart & Co., as 2.10s, approving
Delafield & Wood, of New York
at a price of 100.10, a basis of
about 1.08%.
Dated Sent. 1, 1949. City, will be furnished to the pur¬
and boulevard bonds
rate
the
1, 1949.
Due
1959 in¬
interest
at
the
Ocean.
Bank of Point
payable"
County
The $20,000 water
—
3.39%.
about
Powell County Sch* Dist. No. 29
(P. O. Avon), Mont.
Bond Sale Details—The $18:000
Sale
541—were awarded
fray & Hopwood, Minneapolis, as
of Deed Lodge, as
$1,000.
regis¬
or
1 from 1950 to
Principal
and
clusive.
offered, payable to the
Education, is required.
offered
bonds
5—v. 170, p.
349—were awarded to Piper, Jafbonds
Sept.
on
interest
6%
coupon
Dated Sept.
Denomination
Highlands, N. J.
Bond
exceed
to
bonds.
tered
the bonds
Board of
MONTANA
-
not
000
water, series E
Allegany, Carrollton, Humphrey
Omaha, Neb.
Griep, District Clerk, will receive
sealed bids until 1 p.m. (CST) on
Aug. 16 for the purchase of $100,000 building and equipment cou¬
offered
541
p.
the
name
of
d
n
Jan. 1 from
Cleveland), Minn.
Bond
170,
—v.
Blair &
Offering—Philip L. White,
City Manager, will receive sealed
bids until 3 p.m. (DST) on Aug. 17
for the purchase of $100,000 sewer
coupon bonds. Dated July 1, 1949.
Denomination $1,000. Due $10,000
on July 1 from 1950 to 1959 inclu¬
sive. Principal and interest pay¬
able at the First National Bank,
inclusive.
Dated
County, Cleveland Cons.
Sch. Dist. No. 2 (P. O.
bonds
ran,
1951 to 1970 inclusive.
pay¬
pur¬
were
—
improvement bonds purchased by
the Deed Lodge Bank & Trust Co.,
Kandiyohi County (P. O.
1961.
trust company
by
252
town
11
$1,232,000 vari¬
capital
<
awarded
Claremont,
Bond
the rate
Le Sueur
a
p.
interest, expressed in a multi¬
of
to April 1, 1961, and no premium
shall be paid on bonds called for
able at
offered
bonds
$20,000
Aug.
Sept. 1 from 1950 to 1959 in¬ Trauernicht, of St. Louis.
on
July 1, 1949.
after
Sale —The
Bond
bonds has been
(CST) on Aug. 24 for the pur¬ sold to White, Hattier & Sanford,
chase of $20,000 street improve¬ of New Orleans, as 3s, at a price
Dated July 1, 1949. Le¬
ment bonds.
Dated Sept. 1, 1949. of 100.38.
Denomination $1,000.
approved by Charles &
Due $2,000 gality
until
bids
sealed
after April 1, 1958, but on or prior
redemption
York Mills),
O. New
(P.
HAMPSHIRE
new
53
N,, J.
Bond Sale—The
ous
•. i.
Minnesota
Clerk, will
Village
Deputy
receive
any
on
5 from 1951
Dell wood,
after April
$20
re¬
,
Newton
—
4, 1949.
order
interest payment date on
1, 1954, at par and
accrued interest plus a premium
or
Cleveland, Minn.
The $30,000 sewer
and improvement bonds offered
Aug.
5r—-v.
170,
p.
444—were
awarded to Kalman & Co., of
Minneapolis, as 2% s. Dated Aug.
Bond Sale
,
on
is
Treasurer,
quired.
of 100.38.
Co.,
North Muskegon School District,
Bond
District
& Stone, of
be furnished with¬
out cost to the purchaser.
A cer¬
tified check for $400, payable to
the
District
Treasurer,
is re¬
quired.
second highest bidder was J. M.
Dain & Co., for 2 Vzs, at a price
MINNESOTA
Paddock
will
Detroit,
170, p.
July 25—v.
from 1950 to 1961 inclusive.
on
Bidder
approving opinion of Miller,
Canfield,
$360,000 school
90,000
trict
Bank, Dowagiac.
to name the rate of interest, ex¬
the
to
phis.
348—were awarded to Pohl &
on
as
$1,000.
Due
on
follows: $2,000 in 1950,
5), Mich.
Bond Sale—The
bonds offered
Twps.
(P. O.
Frac. Sch. Dist. No. 2
18
on
exceed 4%
The
$35,000 3V»s. Due July 1, 1951.
not
(EST)
p.m.
pressed in a multiple of Vi of 1%.
lows:
Mt.
4:30
certified check for $2,000, payable
Pater son,
Co., Chicago, for 1.20s, at a price
of 100.77.
Dated
some
(EST) on
Aug. 16 for the purchase of $35,-
(641)
bonds
having stated
maturity dates later than Aug. 1,
1965, will be subject to redemp¬
tion and prepayment, at par and
accrued interest, on said date and
on
any
interest payment date
The
L.
interest,
?
Denomination $1,000.
at
Bond
FINANCIAL
&
of
interest, expressed in
chaser.
a
A certified check for $6,-
700, payable to the Board of Edu¬
Trust cation, is required.
Aug.
on
16
for the pur¬
exceed 4%
chase of $15,000 not to
pon
Sept.
000.
fire
house
addition
cou¬
registered bonds.
Dated
1, 1949. Denomination $1,-
or
Due
on
Sept.
1,
as
follows:
$2,000 from 1950 to 1954 inclusive,
and $1,000 from 1955 to 1959 in¬
clusive.
Bidders to name the rate.
of
interest,
tiple of %
expressed
or
in
a
mul¬
1/10 of 1%. Prin¬
cipal and interest (M-S) payable
at
the Nassau
County National
Bank, Rockville Centre. The ap-
54
proving
&
Hawkins,
of
opinion
Delafield
Wood, of New York
City, will be furnished to the pur¬
chaser without cost.
A certified
the
to
payable
District, is required.
for
check
COMMERCIAL
THE
(642)
$300,
New
Park,
Hyde
as
1.20s,
at
a
price of par. Dated July 1, 1949.
Due on July 1 from 1950 to 1954
inclusive.
The
second
highest
bidder was Francis I. duPont &
Co., and Tilney & Co.,
jointly, for
Water District
New
will receive
(DST) on
Aug. 18 for the purchase of $130,000
not to exceed
4% interest
water 1949 coupon or registered
bonds.
Dated July 1, 1949.
De¬
nomination $1,000.
Due on Jan. 1,
as
follows: $3,000 from 1950 to
1959
inclusive, and $4,000 from
1960 to 1984 inclusive. Principal
and interest (J-J) payable at the
National Bank of Liberty.
Bid¬
ders to name the rate of interest,
Town
Supervisor,
sealed bids until 2 p.m.
expressed in a multiple of V4 or
1/10 of 1%.
The approving opin¬
ion
of
Hawkins,
Delafield &
furnished
be
the purchaser
certified check
to
cost.
A
without
the Town,
$2,600, payable to
is required.
for
Little Falls, N.
Offering
Bond
11
City, will be furnished to the pur¬
chaser without cost.
A certified
Road, Niagara Falls), N. Y.
Bond Offering—Norman Isher-
wood, Town Supervisor, will re¬
sealed
bids
until 2 p.m.
ceive
(DST) on Aug. 15 for the pur¬
chase of $46,000 not to exceed 5%
interest 1949 coupon or registered
due
Dated Aug.
bonds.
1, 1949.
City Trust Co.,
able at the Power
incinerator
1949.
15,
$'9,000
1950, and $10,000 from 1951 to
Due
in
Aug. 15, as follows:
on
Principal and in¬
1959 inclusive.
approving opinion of Vandewater,
Sykes, Heckler, & Galloway, of
City, will be furnished
to
the purchaser without cost.
A certified check for $920, pay¬
able to the Town, is required.
Feb.
on
1973
from
1
to
1970
$15,000 as Is,
1974 to
inclusive;
k from
Feb.
on
1976 inclusive.
bonds,
36,000 general
Nigara Falls. Bidders to name the
chase of
coupon
Peltier,
City Auditor, will receive sealed
bids until noon (EST) on Aug. 20
for
purchase of $18,416 2%
equipment and truck bonds.
the
street
Denomination
Due
on
Oct. 1, as follows:
$3,416 in
1951, and $3,000 from 1952 to 1956
Dated Aug. 1, 1949.
except one for $416.
$1,000,
$20,000 in 1968 and 1969, and
$15,000 from 1970 to 1975 in¬
2%s, due
on
$4,000 as
Feb. 1 in 1956 and
1966; $7,000 as 6s, due on Feb.
1 in 1967 and 1968; $3,000 as
6s, due
000
New York
on
Feb. 1 in 1969; $9,due on Feb. 1
l%s,
as
1970
from
to
1972
inclusive,
Is, due on Feb.
1 from 1973 to 1976 inclusive.
and
$16,000
as
works
construction
Aug.
5—v.
clusive.
$58,000 water and light bonds: $8,000 as 2J/2s, due on Feb. 1 in
1956 and 1966; $15,000 as 6s,
due on Feb. 1 from 1967 to
1969 inclusive; $20,000 as l%s,
due
Dated Aug.
Denomination $1,000.
ling, Secretary of the Local Gov¬
Commission, will receive
sealed bids at his office in Raleigh,
until 11 a.m. (EST) on Aug. 23 for
ernment
of
of about 2.53%, as
par, a basis
follows:
17 for the pur¬ rate of interest, expressed in a
$99,000 not to exceed 5%f multiple of lA or 1/10 of 1%. The
1949
Fremont, Ohio
Offering — Fred
Bond
Greensboro, jointly, at a price
(P. O. 2918 Lockport
District
inclusive.
J. Principal and interest (F-A) pay¬
registered bonds.
100.52.
.
—
Aug. 1 from 1950 to 1989
a.m.
$309,000 as 2s, at a price of 101.43,
$12,700 as l%s, at a price of
and
purchase
(DST) on Aug.
or
1/10 of 1%,
Securities
Rockingham County (P. O.
Wentworth), N. C.
Bond Offering — W. E. Easter-
multiple of
The approving
opinion of Vandewater,
Sykes,
Heckler & Galloway, of New York
or
First
the purchase of $1,025,000 not to
check for $12,000, payable to the
exceed 6% interest school build¬
inclusive.
Bidders to name the
of $1,250,000 District, is required,
ing coupon bonds, divided as fol¬ rate of
emergency
housing,
Issue
VII
interest, expressed in a
lows:
notes. Dated Sept. 1, 1949. Due on
multiple of J/4 of 1%. Principal
NORTH CAROLINA
$425,000 Series B bonds. Dated and interest (A-O) payable at the
March
1,
1950.
The approving
Dec. 1, 1948. Due on June 1, National Bank of Fremont. A cer¬
Lexington, N. C.
opinion
of
Caldwell,
Marshall,
Bond Sale
The $112,000 re¬
as follows: $5,000 from 1951 to
Trimble & Mitchell, of New York
tified check for 1% of the bonds,
1957 inclusive; $35,000 in 1958;
City, will be furnished to the pur¬ funding bonds offered Aug. 2—v.
payable to the city, is required.
170, p. 446—were awarded to J.
$5,000 in 1959; $30,000 from
chaser by the Authority.
Glenmont, Ohio
Lee Peeler & Co., of Durham, and
1960 to 1963 inclusive; $25,000
Bond Sale—The $10,500 water
the
Vance
Securities Corp.,
of
from 1964 to 1967 inclusive;
Niagara, Belden Center Water
the
for
interest
r-:,
Feb. 17, 1950.
(M-S) payable at the
First National Bank, Canajoharie.
Bidders to name the rate of in¬
De¬
Due $1,150 on
will re¬
until
bids
sealed
ceive
—-
rell, Chairman, will receive sealed
oids until noon (DST) on Aug. 18
nomination $1,150.
Y.
Herman
City Treasurer,
Misner,
will
City,
York
New
of
Wood,
York
Offering—Thomas J. Far-
Note
Hanofee,
Offering—F. A.
Bond
1975
the
to
Corp., of Durham, at 0.52% inter¬
est. Dated Aug. 17, 1949. Due on
and interest
J/4
City Housing Authority,
New York
York
New
1974
terest, expressed in a
1.40s, at a price of 100.11.
Sulphur Springs
(P. O. Liberty),
White
Liberty,
awarded
$20,000 from 1950 to
inclusive, and $25,000 from
to 1978 inclusive. Principal
follows:
as
Monday, August 15, 1949
FINANCIAL CHRONICLE
&
awarded to Fox, Reusch & Co., of
Cincinnati.
Dated Jan. 1, 1949.
Series
600,000
C
Dated
bonds.
1949. Due on June 1,
follows: $10,000 from 1951
June
as
1,
Due
on
170,
bonds offered
351—were
p.
Sept. 1 from 1950 to 1970
inclusive.
to 1955
inclusive; $15,000 from
1960 inclusive, and
$25,000 from 1961 to 1979 in¬
Jackson, German, Noble and Marys Twps., Joint Twp.
Hospital District (P. O.
clusive.
St. Marys), Ohio
'
Bond Offering—Fred Bockrath,
Denomination $1,000.
Principal
and interest (J-D) payable in New Secretary of the Hospital Board/
York City.
Bidders to name the will receive sealed bids until 7
rate
of interest, expressed
in a p. m. (EST) on Aug. 24 for'the
multiple of J/4 of 1%. The approv¬ purchase of $500,000 2Jk% hospi¬
ing opinion of Caldwell, Marshall, tal coupon bonds. Dated Jan. 1,
Denomination $1,000.
Trimble & Mitchell, of New York 1949.
Due
City, will be furnished to the $25,000 on Nov. 1 from 1950 to
purchaser. A certified check for 1969 inclusive. Principal and in¬
$20,500, payable to the State terest (M-N) payable at the Home
Banking Co., St. Marys. Bidders
Treasurer, is required.
1956
to
St.
.
.
to name the rate of interest, ex¬
school bonds: $2,000 as
Southern Pines Sch. Dist., N. C.
2J/2s, due On Feb. 1, 1966; $6,pressed in a multiple of V\ of 1%.
Bond Sale—The $90,000 school The
000 as 6s, due on Feb. 1 from
approving opinion of Squire,
1967 to 1969 inclusive; $6,000 building bonds offered Aug. 9— Sanders & Dempsey, of Cleveland,
Jr., Village Clerk, will receive
as
terest, expressed in a multiple of
l%s, due on Feb; 1 from v. 170, p. 542—were awarded to will be furnished to the purchaser.
sealed bids until 3:30 p.m. (DST)
1970
to
1972 inclusive,
and H. S. Dickson & Co., of Charlotte, A certified check for $5,000, pay¬
J/4 or l/10th of 1%.; The approv¬
on
Aug. 23 for the purchase of
ing opinion of Vandewater, Sykes,
$4,000 as Is, due on Feb. 1 at a price of par, a basis of about able to theT)istrict, is required.
$83,000 not to exceed 4% interest
Heckler
&
1973 and 1974.
Galloway,
of
New
2.85%, as follows:
water
system 1949
coupon
or
Liberty Twp. Local Sch. Dist.
York City, will be furnished to
Dated Aug. 1, 1949. The second $30,000 as 2J/2s. Due on March 1
registered bonds.
Dated Sept. 1,
(P. O. R. F. D. No. 3,
the purchaser without cost. 1 A
from 1951 to 1960 inclusive.
highest bidder was R. S. Dickson
1949.
Denomination $1,000.
Due
Jackson), Ohio
certified check for $1,980, payable
& Co., for $40,000 as 6s, $70,000 as
28,000 as 23/4s. Due on March 1
on Sept. 1, as follows: $3,000 from
Bond Offering—Evelyn D. Rhea,
to the City, is required.
.
from 1961 to 1968 inclusive.
1950 to 1966 inclusive, and $4,000 Is, and $2,000 as 2%s, at a price
Clerk of the Board of Education,
of 100.09.
32,000 as 3s. Due on March 1 will receive sealed bids until noon
Lysander (P. O. Baldwinsville),
from 1967 to 1974 inclusive. Prin¬
(F-A) payable at the8 Little
Falls National Bank, Little Falls.
Bidders to name the rate of in-
terest
v
York *
New
Co-
Offering—Luther B.
Bond
cipal and interest (M-S) payable
at the Nyack Bank & Trust Co.,
Supervisor, will re¬ Nyack. Bidders to name the rate
ceive
sealed
bids
until 3
p.m. of
interest, expressed in a mul¬
(EST) on Aug. 25 for the pur¬ tiple of 1/4 or 1/10 of 1%.
The
chase of $31,000 not to exceed 5%
approving opinion of Hawkins,
interest coupon or registered West Delafield &
Wood, of New York
ville,
Town
Dated
Aug.
bonds.
District
Water
Phoenix
Denomina¬
1949.
1,
tion $1,000. Due $1,000 on Aug. 1
from 1950 to 1980 inclusive. Bid¬
der to
single rate of inter¬
a
name
City, will be furnished to the
without cost.
chaser
for
check
$1,660,
to the
No.
Fredonia),
(P. O.
8
New
Bond
York
Sale—The
$50,000
school
bonds offered Aug. 10—v.
170, p.
446—were awarded to the Citizens
to order of the Town, is required;
Legality to be approved by Van¬ Trust Co., of Fredonia, as 1.40s,
dewater, Sykes, Heckler & Gallo¬ at a price of 100.202, a basis of
about
1.362%.
Dated
Aug.
15,
way of New York City.
Middlesex,
No.
2
(DST)
Clerk, will re¬
on
until
bids
1
p.m.
15 for the
Aug.
pur¬
chase of $36,000 not to exceed
interest
school
1949
5%
coupon
or
registered
bonds.
Dated
June
30,
1949.
Denomination
$1,000;
Due $3,000 on June 30 from 1950
to 1951 inclusive.
Principal and
interest
payable
(J-D)
the
at
Chase National
Bank, New York.
Bidders to name the rate of in¬
terest, expressed in a multiple of
Ya or 1/10th of 1%.
The approv¬
ing opinion of Vandewater; Sykes.
Heckler & Galloway, of New York
City, will be furnished to the pur¬
chaser
without
check for $720,
A
cost.
cert'fied
payable to the Dis¬
NelsonviVe, N.
Bonds Not Sold
offered
were
—
5%
as
,1
1
high bid
by
made
was
Trust
Co.,
Dun¬
"
no
170,
bids
Rochester, N. Y.
Offering — W. Raymond
furnished.
350—
re¬
Minden,
Ephratah and
No. 2
(P. O. St. Johns-
Sale—The
$104 500
Bond Offering—Charles H. Mc-
on
gen¬
Aug.
18
building 1949
fered
Aug.
bonds.
were
awarded
to
1^0,
o.
the
Bank
541—
of
(EST)
on
Aug. 23 for the pur¬
not to exceed 6%
bonds.
Dated
chase of $35,000
interest
9—v. 170, p.
to the First
OHIO
building
July 1, 1949. Denomination $1,500,
except one for $500. Due on Sept.
Alliance, Ohio
Offering — Karl
Ayers, 1, as follows: $1,500 from 1950 to
will receive sealed 1972 inclusive and $500 in 1973.
bids until 2 p.m. (EST) on Aug. 26 Bidders to name the rate of in¬
for the purchase of $34,000 3% terest, expressed in a multiple of
$40,000 as 6s.
Due on March 1 West Main Street
Improvement, J/4 of 1%. Principal and interest
from 1952 to 1959 inclusive.
Special Assessment bonds. Dated (M-S) payable at the First Na¬
67,000 as 3s.
Due on March 1
Aug. 15, 1949. Denomination $1,- tional Bank of Jackson. The (ap¬
from 1960 to 1971 inclusive.
000.
Due $1,000 June and $2,000 proving opinion of Peck, Shaffer
90,000 as 2J/2s.
Due on March 1 Dec.
15, 1950 and 1951, $2,000 June & Williams, of Cincinnati, will be
from 1972 to 1978 inclusive.
and Dec. 15, 1952, $1,000 June and furnished by the Board of Edu¬
48,000 as 1 J/is.
Due on March 1
A
certified
check
for
$2,000 Dec. 15, 1953, $2,000 June cation.
from 1979 to 1982 inclusive.
and Dec. 15, 1954, $1,000 June and $350,
payable to the Board of
Dated Sept. 1, 1949 The second $2,000 Dec. 15, 1955, $2,000 June Education, is required.
highest bidder was Kirchofer & and Dec. 15, 1956, $1,000 June and
Lima, Ohio
Arnold
Associates, Inc., J. Lee $2,000 Dec. 15, 1957, $2,000 June
Bond Sale—The $69,760.28 spe¬
Peeler & Co., and Vance Securi¬ and Dec. 15, 1958, and $1,000 June
cial assessment sewer improve¬
ties Corp., jointly, for $25,000 as and $2,000 Dec. 15, 1959. Bidders
ment bonds offered Aug. 10—v.
6s, $208,000 as 21/i>s, and $12,000 as to name the rate of interest, ex¬
170, p. 446 — were awarded to
2s, at a price of par.
pressed. in a multiple of J/4 of 1%. Ryan, Sutherland & Co., of Toledo
The approving opinion of Peck,
as
Mount Airy, N. C.
l%s, at a price of 100.85, a
Shaffer & Williams, of Cincinnati,
basis of about 1.58%. Dated Aug.
Bond
Byrne and Phelps, Inc./ of New
York, jointly, at a price of par, a
basis of about 2.40%, as follows:
Bond
City Auditor,
ernment
for
1:30 p.m.
the
Bidders
(DST)
purchase
coupon or
Dated Sept.
to
name
the
rate
of
in¬
a multiple of
The approving opinion
terest, expressed in
Mitchell
&
Pershing,
of
1, 1949.
De¬
nomination $1,000. Due on Sept. 1,
$15,000
Due
Sept. 1 from 1950 to 1974 in¬
$25,000
101.86,
Additional
Cleveland
Note
Carolina
(P. O.
Raleigh), N. C.
Sale—The $7,500,000 state
ports bonds anticination notes of¬
fered
Aug. 9—v. 170, p 542—were
basis of
clusive.
New
Treasurer, is required.
North
a
Dated Aug. 1, 1949.
I.82%.
on
No.
of
registered
about
price of
City, will be furnished to
the purchaser.
A certified check
for $1,100, payable to the State
$600,000 not to exceed 5% interest
eral improvement 1949 bonds of¬
10—v.
awarded
York
ville), N. Y.
sealed bids until
Hyde Park, N. Y.
Sept. 1, 1949.
Securities Corp., of Durham, and
of
Crone, District Clerk, will receive
New
offered Aug.
542-—were
J4 of 1%.
Manheim Central Sch. Dist.
bonds
p.
bonds
Dated
$245,000 water
(M-S) payable in New York City.
Oppenheim,
were
1969 to 1975 inclusive.
from
Mooresville, N. C.
Bond Sale—The
Offering — W. E. Easterwill be furnished to the purchaser.
1, 1949 and due on Nov. 1 from
ling, Secretary of the Local Gov¬
A certified check for 1% of the
1950
to
1959
inclusive.
Second
Commission, will receive
bonds bid for, payable to the city,
Whitley, City Comptroller, will sealed bids at his office in Raleigh,
high bid of 100.78 for l%s was
is required.
receive sealed bids until 3 p.m.
made by Stranahan, Harris & Co.,
until 11 a.m.
(EST) on Aug. 16
(DST) on Aug. 16 for the pur¬ for the
Inc.
purchase of $55,000 not to
chase of $340,000 not to exceed
Cincinnati, Ohio exceed 6% interest coupon bonds,
Muskingum
Watershed Con¬
Bond Offering—The Board will
5% interest notes, divided as fol¬
divided as follbws:
servancy District (P. O. New
receive sealed bids until 2.30 p.m.
lows:
Philadelphia), Ohio
"
$50,000 street improvement bonds. (EST) on Aug. 26 for the purchase
$140,000 capital reconstruction
Bond
Due on March 1, as follows:
Offering—Bryce C.
of $1,533,000 City bonds.
V ■
buildings notes.
Browning, Secretary-Treasurer of
$2,000 from 1950 to 1959 in¬
100,000 capital sewers notes.
the Board of Directors, will re¬
clusive and $5,000 from I960
Franklin County (P. O.
100,000 capital street improve¬
to 1965 inclusive.
ceive
sealed
bids
until
noon
Columbus), Ohio
ment notes.
Bond Sale.—The $309,000 Sewer
5,000 municipal building bonds.
(EST): on Aug. 26 for the pur¬
Dated Aug. 23, 1949.
Due $1,000 on March 1 from
Due on
Dist., Marion No. 3, improvement chase of $350,000 2% park and
1952 to 1956 inclusive.
'
recreation
bonds.
Dated
Aug.
23,
1950.
The
approving
No. 205 bonds offered Aug. 5— and
opinion of Reed, Hoyt & Wash¬
Dated Sept. 1, 1949. Denomina¬ v. 170, p. 446—were awarded to
Sept. 1, 1949. Denomination $1,/burn, of New York City, will be tion $1,000. Principal and interest Halsey, Stuart & Co., as 2s, at a 000.
Due on Sept. 1, as follows';
Note
Y.
ceived.
Bond
1.40s
Dunkirk
kirk.
The $11,300
interest
July 20—v.
not sold
for
St. Johnsville, Palatine,
trict, is required.
not to exceed
100.07
the
York
District
sealed
ceive
of
(P. O. Rushville),
New
1959 inclusive/Second
to
Dist.
Offerin g—William
Bond
Kuehne,
Sch.
1949 and due on Aug. 15 from 1950
and
Italy
Potter,
Central
Gorham
1
payable
Pomfret Union Free Sch. Dist*
terest
y<:
pur¬
certified
A
Village/is required.
est, expressed in a multiple of J/4
or 1/10 of 1%.
Principal and in¬
(F-A) payable at the First
Trust & Deposit Co., Syracuse. A
certified check for $620, payable
18,000
Nyack, N. Y.
Bond Offering — John Bartels,
Sale
—
The $12,700
Sewer Dist.. Franklin No.
237
date
l3/4s, at
of
bonds
a
about
offered
awarded
were
to
4, Imp.
on
same
the
First
Corp., of Cleveland, as
price of 100.57, a basis
1.63%.
Dated Sept. 1,
Sept. 1 from 1950 to
1959 inclusive. The second highest
1949.
bidder
Due
was
on
J. A. White &
Co., for
in 1951; $24,000 in 1952;
in 1953; $15,000 in 1954
and
1955; $25,000 in 1956; $30,000
from "1957 to 1961 inclusive, and
$81,000 in 1962.
Subject to call
or redemption, however, on Sept.
1, 1955, or on any interest pay¬
ment date thereafter, at not more
than
rate
par.
of
Bidders
interest,
to
multiple of J/4 of 1%.
check
the
for
1%
of
name
expressed
the
the
in a
A certified
amount
of
bid, payable to the District, is
required.
Mile,
Seven
Offering
Bond
THE
Number 4829
Volume 170
Ohio
Harry
—
Evans,
COMMERCIAL
Portland, will be furnished to the
purchaser. A certified check for
$5,000 is required.
Village Clerk, will receive sealed
bids until noon (EST) on Aug. 27
Malheur County Sch. Dist. No. 10
for the purchase of $12,000 4%
(P. O. Jamieson), Ore.
fire
department
coupon
bonds.
Bond Sale—The $32,000 school
Bated July 1, 1949. Denomination
$1,000. Due on Oct. 1, as follows: bonds offered Aug. 5 were award¬
$1,000 from 1950 to 1957 inclusive, ed to the United States National
arid $2,000 in 1958 and 1959. Bid¬ Bank, of Portland, as follows:
ders to name the rate of interest,
$22,000 as 314s. Due on Jan. 15
expressed in a multiple of
of
from 1951 to 1961 inclusive.
1%, Principal and interest (A-O)
10,000 as 3y2s.
Due on Jan. 15
payable at the Farmers National
from 1962 to 1966 inclusive.
Bank, Seven Mile. 'These bonds
were
authorized at the general
Multnomah County Sch. Dist.
ejection held on Nov. 2, 1948.
A
No. 4 (P. O. Gresham), Ore.
certified
check
for
payable to
required..
bonds,
1%
the
ment
July
and
Bond Sale—The $472,000 school
is bonds offered Aug. 5—v. 170, p.
notes
170,
Trust
offered
254—were
p.
awarded
to
the
First
National Bank of
Ohio
$9,000 improve¬
repair
22—v.
the
447—were
Springboro),
Note Sale—The
of
village,
Portland, Harris
Savings Bank, of Chi¬
&
cago, and
100.08,
as
Associates, at a price of
basis of about 1.82%,
a
follows:
awarded to the Franklin National
Bank, of Franklin,
July 1, 1949.
Due
1350 and 1951. Yp'Y
.
2%s. Dated
on April 1 in
as
$94,000
96,000
Bond
Offering
received
until
—
Bids will be
Aug.
16
for
Due
$10,000' from 1952 to 1958 in¬
clusive, and $5,000 in 1959. These
bonds
authorized
were
election held
at
the
Aug. 2.
A
cer¬
on
tified check for 2% of the bid is
required.
ixmds
sold
Not
offered
all
as
rejected.
Aug.
bids
10
were
received
.
sewage
end
sewer
not
were
(
(P.
bonds.
inclusive, and $8,000 in 1974.
fire
Due
Aug.
1
inclusive.
1957
on
fighting
Ambridge, Pa.
Bond Sale—The $75,000 general
basis of about 1.791%. Dated Sept.
1949 and due on Sept. 1 from
of
1,
1951
to
1965
inclusive.
Second
high bid of 101.66 for 2s was made
by the Economy Bank, of Am¬
bridge.
Bond
Offering
Borough
will
Vasil,
receive
sealed bids until 8 p.m.
(DST) on
Sept. 8 for the purchase of $40,000
general
improvement
coupon
bonds.
Dated
Sept.
nomination $1,000.
Sept.
sive.
1, 1949. .De¬
Due $5,000 on
1
from 1950 to 1957 inclu¬
Bidders to name the rate of
interest,
in
multiple
of y8 of 1%. The approving opin¬
ion of Townsend, Elliott & Munson, of Philadelphia, will be fur¬
nished to the purchaser free of
charge. A certified check for 2%
expressed
a
bid, payable to the
Borough Treasurer, is required.
1, 1949.
Bond
road
bonds
447
offered
•—
were
National
price of
2.62%,
awarded to the First
Bank, of Portland, at
a
100.11, a basis of about
follows:
as
2V2s. Due
1951
as
Details—The
chased
by
the
to
on
March 1
1963 inclusive.
2%s. Due
on
March 1
awarded
at
a
bonds
Citizens
$400,000 school Parsons, as 2y2s,
Aug. 3—v. 170, p. noted
in. v.
170,
as
$254,000
Sale
improvement
O.
pur¬
as
p.
447—were
of
100.46,
a
Twp. (P. O.
Pittsburgh), Pa.
Bond
Sale—The $150,000 gen¬
eral
obligation
bonds
offered
Aug.
8—v.
170,
p.
446—were
fered
bidder
was Arthurs, Lestrange
&
Klima, for 2s, at a price of 100.32.
$70,000 general
obligation water system bonds of¬
Aug. 8—v. 170, p. 351—were
Nanticoke Sch. Dist., Pa.
Bond Offering—William Dudeck,
equipment awarded to the Commercial
Bank,
$1,000 from 1952 of
Tillamook, as 4V2s. Dated July
/• <
1, 1949. Due on Jul^l from 1950
4,000 street equipm't bonds. Due to 1959 inclusive.
:
j *
$1,000 from 1954 to 1957 in-
of
due
The
remainder,
$4,200,000
1952-59
placed privately by
Serial
have
the
been
Govern¬
public sale.
authority, whose executive
is Sergio Cuevas, is an
instrumentality
of
the
Insular
Government and, under the Act
creating it, has all of the powers
to
necessary
water
and
Puerto
operate
sewer
Rico.
It
is
all
the
of
properties
in
authorized
to
charge rates for its services suf¬
ficient
and
of the
to
to
meet
issue
all
its
its
obligations
Revenue
Bonds
which will be payable from water
and sewer revenues. Organized in
the
1945,
Aqueduct and Sewer
Authority has had transferred to
it all of the water and
perties
on
sewer
pro¬
the Island and has
pro¬
with
consolidation
a
It
has
City Treasurer.
the rate
name
and
already vastly enlarged
and
has
extended
users
and
metering
both
services to
sewer
has
approving opinion of Huger
Sinkler, of Charleston, together
the printed bonds, will be
furnished to the purchaser. A cer¬
check for $20,000, payable
tified
to the
City Treasurer, is required.
Sheldon
program
which
a
mass
is
al¬
ready about 80% completed.
The proceeds of the
nancing
certain
Sewer
present fi¬
being used to refund
outstanding Water ;and
are
Revenue Bonds
of
several
municipalities (which bonds the
Authority has assumed), to retire
a
note
owned
by the Federal
Works Agency issued to
pay the
purchase price of certain water¬
works
the
facilities
constructed
Dist.
No.
3,
S.
C.
Co. of Georgia, of Atlanta, as fol¬
lows:
2V2% school bonds. Due
July 1, as follows: $2,000
in 1950; $3,000 in 1951; $4,000
in
1952; $5,000 in 1953 and
1954, and $2,000 in 1955.
44,500 214% school bonds. Due
on
July 1, as follows: $3,000
in 1955; $6,000 from 1956 to
1961 inclusive, and $5,500 in
$21,000
on
1962.
Dated
July 1, 1949. Denomina¬
$1,000, except one for $500.
Principal and interest (J-J) pay¬
tion
able at the Central Hanover Bank
&
Trust Co., New York.
approved
by Sinkler,
Simons, of Carleston.
Woodruff,
Bond
S.
Mayor,
Legality
Gibbs &
C.
Offering—Sam
moreland,
C.
will
West¬
receive
sealed bids until 2 p.m. (EST) on
Aug. 30 for the purchase of $250,000
Sewerage Extension Bonds.
Dated
tion
Aug.
$1,000.
15,
Due
1949.
Dec.
Denomina¬
15,
as
fol¬
lows:. $7,000 in 1950 to 1954, $8,000
in 1955 to 1957, $9,000 in 1958 to
1961, $10,000 in 1962 to 1965, $12,$13,000 in 1970
1972, and $14,000 in 1973 and
000 in 1968 to 1969,
to
1974.
Bonds
1974,
are
maturing in 1957 to
subject to redemption
option of the Town on Dec.
1956, or any subsequent in¬
by
at the
F.W.A., and to retire shortborrowings as well as to
terest
term
furnish
approximately $12,000,000
for continuation of
to
Sch.
Sold—An issue of $65,500
has been sold to the Trust
Montis
water
additional
instituted
Bidders to
rates of interest.
The
certain of the Island's water
sup¬
plies,
or
with
bonds
The
55
and the purchasers to act as
pay¬
ing agent for the bonds, or, at the
option ox the holder, at the office
Development Bank and will
director
Lebanon
awarded to Halsey, Stuart & Co.,
Sept. 1, 1949. The second as 2s, at a
price of 100.68, a basis
highest bidder was the State, for of about 1.92%.
Dated Aug.
1,
$254,000 as 23/4S, and $146,000 as 1949. Due on
Aug. 1 from 1950 to
3s, at a price of 2.83%.
1969 inclusive. The second highest
Rockaway, Ore.
interest.
Bonds
$6,500
Dated
Bond Sale—The
crued
consisting
operation of these properties.
basis of about 2.36%♦
Mt.
immediate public offering
$18,500,000 of 31/2% term bonds,
July 1, 1979, at par and ac¬
due
ceeded
Bank, of
previously
price
made
not be offered for
John
—
Secretary,
Corporation, and
Ingen and Co. Inc., had
purchased the issue. The group
B. J. Van
ment
Exeter, Pa.
Township (P.
Mountain Top), Pa.
County Sch, Dist* No. 13~C
O. Independence), Ore.
velopment Bank, who said that a
nationwide syndicate, headed by
The First Boston
of the amount
Aug. 1 in
(643)
obligation bonds offered Aug. 9—
v.
170, p. 351—were awarded to
George G. Applegate, of Pitts¬
burgh, as 2s, at a price of 101.68, a
Bond Sale—The
treatment plant
extension
Due $11,000 from 1952 to 1973
8,000
on
from 1954 to 1970 inclusive.
$262,000
Sale consisted of:
$250,000
Polk
146,000
Okla."'.
Sold—The
to
Due
CHRONICLE
1959.
Dated Aug.
from
S alii saw.
Bonds
and
1
FINANCIAL
Fairview
the
purchase of $75,000 not to exceed
3% interest improvement bonds.
2s.
as
1958
County Indep. Sch. Dist.
No. 6 (P. O. Elk City), Okla.
1952
Aug.
on
1961.
IV2S.
as
from
Beckham
Due
in 1950 and
282,000
OKLAHOMA
4V2s.
as
&
the
improvements
system throughout Puerto
15,
payment date, at par, plus
accrued interest
for
to the
redemption, and
a
date fixed
redemption
Secretary of the Board of School
premium as follows: 3% of the
Rico.
v-y
.v:,.;;
; - v.' '.
Directors, will receive sealed bids
face amount if redeemed... on an
until 5:30 p.m. (DST) on Sept. 1
interest date from Dec. 15, 1956 to
SOUTH CAROLINA
for the purchase of $31,000 re¬
June
15, 1961, 2% of the face
funding coupon bonds. Dated Oct.
Calhoun Falls School District
amount if redeemed on an inter¬
Union County Sch. Dist,:No. 23
'■%% elusive.
v;
1, 1949. Denomination $1,000. Due
est
date
No. 9, S. C.
from
Dec.
15,1961, to
on Oct. 1, as follows:
These bonds were authorized at
(P. O. ElginOie.
$3,000 from
June
15, 1967, 1% of the face
Bonds Sold—An issue of
$121,the election held on July 27.
Bond Offering^-Jpsephine Har¬ 1950 to 1958 inclusive, and $4,000
amount if redeemed on an interest
000 school bonds has been sold to
date from Dec. 15, 1967, to Dec.
ris, District Clerk," VhlT "receive in 1959. Bidders to name the rate R. S. Dickson &
Co., of Charlotte,
OREGON
sealed bids until Aug." T5 for the of interest expressed in a multiple and
15, 1972; or at par plus accrued
Associates, as follows:
of y8 of 1%. The approving opin¬
Benton County Sch. Dist. No. 4
purchase of $65,000 not to"exceed
interest to the date fixed for re¬
ion of Townsend, Elliott & Mun- $65,000 as 2%s. Due on March 1
3%
interest plant
YF. O. Route 4, Albany), Ore.
completion
demption, if called for payment
from 1950 to 1962 inclusive.'
Bond Offering—Marion L. Kim- bonds.
Dated Sept. 1, 1949. Due son, of Philadelphia, will be fur¬
on an interest date from June
15,
56,000 as 2y2s. Due on March 1
nished free of charge to the pur¬
tnal, District Clerk, will receive on March 1, as follows:., $4,000
1973, to June 15, 1974. Principal
from 1963 to 1969 inclusive.
chaser. A certified check for 2%
sealed bids until 8:30 p.m. (PDT) from 1951 to 1955 inclusive, and
and interest payable at the Chase
of the par amount, payable to the
Dated June 1, 1949. Denomina¬
Ort Aug.
National Bank, New York
22 for the purchase of $5,000 from 1956 to 1964 inclusive.
City.
District Treasurer, is required.
tion $1,000. Principal and interest
The approving opinion of
$7,000 not to exceed 3^% interest These bonds were authorized at
Huger
(M-S)
payable at the Central
an election held on June 20.
The
school bonds. Dated Sept. 1,1949.
Northampton County (P. O.
Sinkler, of Charleston, will be
Hanover Bank &
Trust Co., of
Due on March 1, as follows: $500 approving opinion of Winfree, Mc¬
furnished to the purchaser. A cer¬
Eastcn), Pa.
New York City. These bonds were
from 1.951 to 1959 inclusive; $1,- Culloch, Shuler & Sayre, of Port¬
Bond Sale—The $250,000 voting
tified check for $5,000,
payable to i'
authorized at the election held on
500 in 1960, and $1,000 in 1961. land, will be furnished to the pur¬ machine
the Town, is required.
and
general improve¬
April 4, 1949. Legality approved
chaser. A certified check for $4,- ment
bonds
offered
Principal and interest (M-S) pay¬
Aug. 5—v.
by Sinkler, Gibbs & Simons, of
000 is required.
able at the office of the
170, p. 447—were awarded to the
SOUTH DAKOTA
County
Charleston. :
Chase
National
Treasurer.
These bonds were au¬
Bank,
of New
Britton Indep. Sch. Dist., S. Dak.
Washington County, West Slope
thorized at the election held on
York, as iy8s, at a price of 100.02,
Greenville, S. C.
Water District, Ore.
Bond Offering —W.
a
H. Ward,
basis of about 1.12%.
Dated
Aug. 28,
1949.
The
Bond Offering—J.Kenneth
approving
Cass, District
Bond Offering—Claude A. LarClerk, will receive sealed
Aug. 1, 1949. Due on Aug. 1 from
opinion of * Winfree, McCulloch,
Mayor, will receive sealed bids
bids until 8 p.m. (CST) on Aug. 19
kin, Secretary of the Board of 1950 to 1959 inclusive. The second
Shuler & Sayre, of Portland, will
until 11 a.m.
(EST) on Aug. 31 for the
Commissioners, will receive seal¬ highest bidder was National State
purchase of $126,000 not
fee furnished to the purchaser.
A
for the purchase of $1,000,000 not
ed bids at the office of the Board,
Bank, Newark, and Buckley Secu¬ to exceed 6% interest water works to exceed 3% interest building,
certified
check for
$250 is re9025 S. W. Canyon Road, Portland, rities
Site Acquisition
and Equipment
Corp., Philadelphia, jointly, revenue, Series B bonds. Dated
quh d.
•
until 5 p.m. (PST) on Aug. 22 for for
coupon bonds. Dated Sept. 1,1949.
l*4s, at a price of 100.18.
Oct. 1, 1949. Denomination $1,000.
the purchase of $80,000 general
Elkton, Ore.
Denomination $1,000.
Due $7,000
Ross Twp. Sch. Dist. (P. O. West Due Oct. 1, as follows: $35,000 in on
Bend Offering — B. W. Cow- obligation
Jan. 1 from 1951 to 1968 inclu¬
water
bonds.
Dated
1952 to 1959, $50,000 in 1960 to
View, Pittsburgh 29), Pa.
sive.
Bonds
brough, City Recorder, will re¬ Sept. 1, 1949. Due on July 1, as
having stated ma¬
Bond Sale—The $15,000 school 1962, $60,000 in 1963 to 1967, $65,ceive sealed bids until 8 p. m. follows: $2,000 in 1951 and 1952;
turity dates later than Jan. 1,1960,
bonds offered Aug. 9—v. 170, p. 000 in 1968"to 1970, and $75,000 in will be
each subject to redemp¬
(PST) on Aug. 18 for the pur- $3,000 from 1953 to 1964 inclusive,
1971.
The bonds maturing subse¬
awarded
to
Chase of $15,000 4% water bonds. and $4,000 from 1965 to 1974 in¬ 542—were
Singer,
tion and prepayment, at
par, on
quent to Oct. 1, 1955, are subject said date
Bated Sept. 1, 1949. Redeemable clusive. All bonds maturing after Deane & Scribner, of Pittsburgh,
and on any interest pay¬
to redemption at the option of the
Dated Oct. 1, 1949. Due
after 1 year at any interest
ment date thereafter.
July 1, 1955, subject to call and as l%s.
Bidders to
pay¬
on
Oct. 1 from 1950 to 1954 in¬ City on Oct. 1, 1955, or any subse¬ name the rate of
ment period.
A certified check redemption at par plus accrued
interest, ex¬
quent interest payment date at
interest on or after July 1, 1955. clusive.
for $500 is required.
pressed in a multiple of
V\ or
par, plus accrued interest to the
The approving opinion of Winfree,
l/10th
of
1%.
The
approving
Linn County Sch.. Dist. No. 3
date fixed for redemption and a
PUERTO RICO
(P.O. McCulloch, Shuler & Sayre, of
opinion of Dorsey, Colman, Bar¬
redemption premium of Vz of 1%
Brownsville), Ore.
Puerto Rico Aqueduct and Sewer
Portland, will be furqished by the
ker, Scott & Barber, of Minneap¬
Bond Offering — R. L.
of the
principal amount of the
Winer, District.
A
certified
check
for
olis, will be furnished to the pur¬
Authority (P. O. San Juan),
bond redeemed for each year, or
District Clerk, will receive sealed
chaser
at
the
$1,600 is required.
Puerto Rico
expense
of
the
bids until 8 p.m. (PST) on
fraction thereof, from the date of
Aug.
District. A certified check for $2,Bond Sale
The Government
12 for the purchase of $92,000 not
PENNSYLVANIA
redemption to the date of matur¬
500, payable to the District Treas¬
Development
Bank
for
Puerto
to
exceed
ity;
such
3%
interest
redemption
premium
school
urer, is required.
Rico, the fiscal and issuing agent shall not exceed
Allegheny Township Sch. Dist.
bonds. Dated Aug. 15, 1949. Due
3V2% of the prin¬
for all Puerto Rico financing, an¬
(P. O. R. D. 2, Leechburg),
on
cipal amount of such bond re¬
Aug. 15, as follows: $15,000
Rapid City Independent
nounced Aug. 10 that the under¬
Pennsylvania
deemed.
If less than all of the
from 1950 to 1965 inclusive, and
School District, S. Dak.
Bond Sale—The issue of
$30,000 writing of $22,700,000 Puerto Rico outstanding bonds are to be re¬
Bond Sale—The $300,000 build¬
$2,000 in 1956.
Principal and in¬ general
obligation bonds offered Aqueduct and Sewer Authority deemed prior to their
terest (F-A) payable at the office
maturity, ing bonds offered Aug. 8—v. 170,
Aug. 8 — v. 170, p. 447 — were Revenue Bonds, Series 1949, has the bonds to be redeemed shall
d. 351—were awarded to the First
of tile County Treasurer. These
awarded
to
the, First National been consummated.
be redeemed in their inverse nu¬ National
bonds
were
authorized
at
the Bank of
Bank, of Chicago, as 2s,
The
announcement
Leechburg, as 21/2s, at a
regarding merical order. Principal and inter¬ at a
election held on May 12.
price of 100.81, a basis of
The price of 101.32. Second
high bid completion of the financing was est (A-O) payable at such bank about 1.93%. Dated
approving
opinion
of
Aug. 1, 1949.
Winfree, of 100.45 for 2V2s was made
by S. made by D. R. Bonniwell, Finance or trust company as may be Due on Jan. 1 from 1952
to 1969
KcCulloch, Shuler & Sayre,, of K.
Director of the Government De¬
Cunningham & Co, — I'm
agreed upon by the City Council inclusive.'
■
bonds.
Due
to 1959 inclusive.
.
4
,
.
v
-
—
56
COMMERCIAL
THE
(644)
Lincoln County
tennessee
Fayetteville),
Athena, Tenn.
Bond Offering—Cecil C. Owen-
Offering—A.
Bond
Cutler,
Elkins,
(P. O.
Tenn.
E.
Simms,
FINANCIAL
&
of Chicago,
Weems
&
CHRONICLE
and Vinson,
Francis,
of
Monday, August 15, 1949
for
2% of the bonds, payable to
Authority, is required.
Houston.
Texas
Pecos,
Inc., of
& Co., of Fort Worth.
Oklahoma
City, and the Texas
Additional Bonds Sold—An is¬
Bank
&
Trust
Co.,
of
Dallas,
sue of $75,000 street paving bonds
jointly, as 2y4s, and 2V2S, at a
has been sold to the Dallas Union
price of par. Dated July 1, 1949.
Trust Co., of Dallas.
:
Legality
approved
by
Dumas,
callable for redemption at the op¬
water works
City
Recorder,
will
Ennis
until 7:30 p.m.
bids
sealed
The bonds will
bear
interest due
Dist.,
Sold—An
school
000
Sch.
Indep.
Bonds
house
issue
bonds
Texas
of $175,-
been
has
sold to the R. J. Edwards,
Huguenin & Boothman, of Dallas.
Kyle,
cal
order
Bonds Sold—An issue of $30,000
system improvement
on
prior to maturity at par
ment date
accrued interest to the date
fixed for redemption plus a pre¬
mium of $25 for each bond so re¬
deemed on or prior to June 1,
plus
1954;
premium
a
if
$20
of
re¬
deemed thereafter and on or prior
1, 1955; a premium of $10
if redeemed thereafter and on or
to June
prior to June 1, 1956, and a pre¬
of$5 for each bond re¬
thereafter and prior to
fixed
maturity.
Principal and interest
(J-D)
payable at the Chemical
Bank & Trust Co., New York City.
Bidders to name the rate of inter¬
expressed in a multiple of
The approving opinion
est,
y4 of 1%.
*r2
Chapman & Cutler, of Chicago,
be furnished by the city.
A
of
will
certified
for
check
bonds, payable to the City Treas¬
urer,
is required.
V
Greenbrier,
Sale—The
Bond
Tenn.
$15,000
170,
5—v.
Aug.
A certified check
cost.
for $4,580,
payable to the County Treasurer,
is
required.;,;
County (P. O.
Blountville), Tenn.
Nashville,
from
1950
to
at
were
on
authorized at the elec¬
May 14.
Authority
highest bidder was Cum¬
berland
Securities
Corp., Nash¬
bonds
authorized
were
at
April 2.
on
I
Bonds Sold—An issue of
to
the
basis
Due
a
of
on
31/2%
interest
Dated
on
1954
to
tion
May 1, 1949. Denomina¬
$1,000. Due $242,000 Nov. 1,
1,
1950,
$250,000
Nov.
and
May
1949.
$249,000
May
1,-1951,
$263,000
and
$259,000
Nov.
1,
1952,
$268,000 May and $272,000 Nov. 1,
$279,000
1953, $274,000 May and
texas
Celeste,
$242,000 May and
Nov.
$256,000
Aug. 1, 1955.
Nov.
Texat ?
1,
1954,
$284,000
1955,
$297,000 Nov.
$288,000
Nov.
Bonds Sold—An issue of $6,000
street
improvement
1,
May and
$293,000
1, 1956,
bonds
First South¬
utah
Bountiful, Utah
sewer
proposal No. 1
revenue,
offered
Aug. 3—v.
170, p.
448—were awarded to a syndicate
composed of Otis & Co., of Cleve¬
land; Weeden & Co., of San Fran¬
cisco; Walter, Woody & Heimer-
dinger, of Cincinnati; M. B. Vick
Co., of Chicago; Peters, Writer
& Christensen, of Denver; E. J.
Prescott
&
Co., of Minneapolis,
Schwesser Co.,
the Robert E.
and
of Omaha,
3V4s.
Due
176,000
Dated
May
on
,
in
May 1 from
on
May 1,1949. Second high¬
was
Blyth & Co., and
bidder
est
Fordyce & Co., jointly, for $166,000
$159,000
3s;
as
$525,000
as
;::
3&s, at
3V4s, and
price of par.
as
a
washington
■
Bothell, Wash.
Offering
Bond
—
Ethel
Askren,
Town "Clerk,
will receive sealed
bids until 8 p.m. (PST) on Aug. 17
for the purchase of $55,000 water
denture,
on
interest payment
any
after May.l, 1949. The re¬
demption prices of the f>onds for
all purposes of such redemption
$99,000 in 1969.
PACIFIC
Due
Dated May 15, 1949. Denomina¬
tion
$1,000.
Principal and in¬
*
;
RAILWAY COMPANY
r
-
'
•
v
Dividend
terest
Notice
'
At
a
rectors
meeting of the Board of Di¬
a dividend of two
held today
(fifty cents per. share) on the
Ordinary Capital Stock in respect of
per cent
the year 1949 was declared
Canadian
on
October
Shareholders of record
to
1,
1949,
3
at
August 22, 1949.
on
A
funds
payable in
'
p.
shareholders
to
the fact
that
and that
relief has yet been given
of the application for an
increase in freight rates. This interim
i
no
respect
dividend
is
paid wholly
income of the
out
of other
Company.
Bramley,
Secretary.
Montreal, August 8, 1949.
Legality
approved
on
by
Sept. 1 from 1951 to
1957
inclusive, callable Sept. 1,
1956, in inverse numerical order.
Legality approved by Weter, Rob¬
erts & Shefelman, of Seattle.
King County, Lake City Sewer
District (P. O. Seattle),
3%
school
house
bonds
has
been sold to Rowles, Winston &
Co., of Houston, and the R. J. Ed¬
wards, -Inc., of Oklahoma City,
jointly. Dated April 10, 1949. Due
on
after
1,
1953,
on
or
and
amount thereof if redeemed
May
1,
on
or
1,
1958,
and
1963;
101%
from
1951
second
to
inclusive.
1969
The
Pacific
First Na¬
Foster &
Marshall, and Atkinson-Jones &
Co., jointly, for 2V2S, at a price
highest bidder
was
National Bank, Seattle;
tional Bank, Portland;
of
100.30.
west virginia
to
1965
inclusive; $11,000
in
in 1968, and
to
or
after May 1, 1963, and prior
May 1, 1968;
principal
deemed
and
amount
on
or
100%
thereof
after May
of the
if
re¬
1, 1968,
expressed in a multiple of Va
1%.
The approving opinion
Wood,
terest
York
of
the
Legality approved by Chapman &
the
of
of
King & Dawson, of New
City, will be furnished by
Authority at
purchaser.
the
expense
of
A certified check
Principal and in¬
payable at the City
(M-S)
Chicago, will be furnished to the
purchaser at the expense of the
city. A certified check for $10,000,
payable to the City Treasurer, is
required.
Wis.
Poynette,
Sale—The
Bond
$30,000 sewage
assessment
award¬
the Bank of Poynette, as 4s,
disposal
special
plant
bonds offered Aug. 3 were
ed to
at
a
price of
par.
;
,
Croix
County (P.
Hudson), Wis.
Bond
^k.'
.
O.
*
Offering—S. N. Swanson,
County Clerk, will receive sealed
bids until 10 a.m. (CST) on Aug.
24
the
for
purchase
of
$135,000
county hospital for the men¬
2%
and county home
bonds.
Dated Aug. 1, 1949.
De¬
nomination $1,000. Due on Aug. 1,
as
follows:
$14,000 from 1951 to
1959 inclusive, and $9,000 in I960.
Principal and interest (F-A) pay¬
able at the County Treasurer's of¬
tally:; insane
amount
the
of
check for 2%
A certified
fice.
bid,
payable
the
to
county, is required.
West
Bend,
Wis.
Bond Sale Details—The
street
improvement
$100,000'
bonds
pur¬
chased by
the First National Bank,
and the First State Bank, both of
West Bend, jointly, at a price of
101.38,
as
previously noted in.
v. 170, p. 544—were sold as l%s,
basis of about 1.24%.
wyoming
Albany County (P.O.
Laramie), Wyo.
Bond Sale—The
$350,000 memo¬
hospital bonds offered Aug. 4
—v. 170, p. 352—were awarded to
a syndicate composed of Boettcher
& Co., of Denver; Stern Bros. &
Co., of Kansas City; Bosworth,
Sullivan & Co., Peters, Writer &
Christensen, both of Denver, and
Kalman & Co., of St. Paul. Dated
July 1, 1949. Due on July 1 from.
rial
1950
State
Laramie
Teachers
Retirement
ized at the election held on May
16.
Applet on,
Wis.
school
Aug. 10—v. 170, p.
waukee
awarded
Co.,
to
the
Milwaukee,
of
Mil¬
1.12%.
due
Dated
July
1,
1949
on
100.43 for iy4s was made
&
by Hal-
Stuart & Co. Inc., and Blair
Co., Inc., jointly.
and
bonds
offered
Wis.
$1,100,000 school
Aug.
9—v.
170, p.
build¬
Bosworth, Sullivan
jointly, at a
Denver,
.
$460,000 as
1953
from
90,000
iVzS.
as
to
Due on July 1
1959 inclusive.
Due on July 1,
l%s.
1960/
Dated July 1, 1949. Due on
1,
1953
second
to
1960
highest
July
inclusive.
The
bidder was First
National Bank, Chicago, First
Se¬
curity Bank of Utah, N. A., Salt
Lake City, and
Madison,
Bond Sale—The
1
price of 100.20, a basis of about
1.53%, as follows:
V:
and
July 1 from 1950 to 1959
inclusive.
Second
high
bid
of
sey.
Sale—The $550,000
of
Co.,
and
Paine, Webber, Jackson & Curtis,
of Chicago, jointly, as iy4s, at a
price of 100.68, a basis of about
Dist. No.
Wyo.
ing bonds offered Aug. 9—v. 170,
p.
352—were
awarded
to
the
Harris Trust & Savings Bank, of
&
Bond Sale—The $460,000
352—were
Bond
Sch.
County
Chicago,
wisconsin
bonds offered
inclusive.
O. Cheyenne),
(P.
construction
These bonds were author¬
Board.
1969
to
W.
and im¬
provement bonds has been sold to
cipal amount thereof if redeemed
$15,000 in 1969.
Principal and in¬
(A-O) payable at the office
the
State
Treasurer, ' Austin.
O. Grants•
Va.
Sold—An issue of $409,County (P.
ville),
to
together in each case with accrued
interest to the redemption date.
Principal and interest (M-N)
on
April 10. as follows:
$1,000
from
1950
to
1952; $2,000 from payable at the Chemical Bank &
1953 to 1960 inclusive; $3,000 in Trust Co. of New York City. Bid¬
1961; $9,000 in 1962; $10,000 from ders to name the rate of interest,
1966 and 1967; $12,000
Calhoun
of the prin¬
prior
Denomination $1,000. Due
Sept. 1 from 1950 to
on
inclusive.
The approving
opinion of Chapman & Cutler, of
a
170, p. 352—were awarded to the
State, as 2.35s, at a price of par.
Dated July 1, 1949. Due on July 1
or
prior to
May 1, 1958; 102% of the principal
on
1, 1949.
$25,000
series A bonds offered Aug. 4—v.
the
May
sealed
receive
school building bonds. Dated Sept.
Sale—The $400,000 sewer,
Bonds
amount thereof if redeemed
May
000
principal
Post,
Arthur
—
will
Washington
Bond
Nov. 1, 1949, and prior to
000; school
May 1, 1953; 103% of the principal'
Dallas.
Indep. Sch. Dist., Texas
Sold—An issue of $110,-
the
after
after
Edna
of
104%
amount thereof if redeemed
Dumas, Huguenin & Boothman, of
1963
By order of the Board.
F.
7.
Bonds
the
were
authorized at the election held
m.
heavy disproportion between railway
expenses and revenues still continues
in
Corpus Christi. These bonds
,
The Directors call the attention of
the
(M-N)
payable
at
the
Corpus Christi Brank & Trust Co.,
May
be
date were
bids
until
7:30
p.m.
(CST)
on
Sept. 6 for the purchase of $500,000
not
to
exceed
2%
interest
on
date
shall
Offering
Clerk,
Denomination $1,-
bonds.
revenue
000.
.
CANADIAN
City
1
inclusive.
1979
revenue
same
Manitowoc, Wis.
Bond
1975 inclusive.
3s. Due
as
1976 to
on
a
by
St.
as
works
water
merged group head¬
Glore, Forgan & Co., and
Blair & Co., of Chicago,
at a price of
105.03, a basis of
about 1.82%.
Dated Aug. 1, 1949.
Due Aug. 1 from 1952 to 1972 in¬
ed
at a price of par, as
from 1952 to
$500,000
William
follows:
$674,000
,
The
—
Treasurer's office.
Bond Sale—The $850,000. water
-
1962; $83,000 in 1963; $85,in 1964; $88,000 in 1965;
$90,000 in
1966; $93,000 in
1967;
$96,000 in
1968, and
1949
Sale
bonds offered
terest
,
000
2V4%
awarded to
1969
bonds
1969 inclusive.
clusive.
May 27. Dated July 1, 1949. Le¬
gality approved by Dumas, Hugue¬
nin & Boothman, of Dallas.
,
DIVIDEND NOTICE
1951 to
Additional
&
1949,
Dated Aug. 1,
revenue
bonds.
200,000 road, 1949 series B bonds.
Due
exceed
from
$50,000
west
and
&
Co., of Philadelphia;
F. S. Moseley & Co., of New York,
and
Harley, Hayden & Co., of
Madison, as lVzs, at a price of
100.35,. a basis of about 1.47%.
Dated Aug. 1, 1949. Due on Aug. 1
system improvement bonds
Manager, will receive
May and
has $301,000 May and $306,000 Nov. 1,
been sold to the Greenville Na¬
1957, $309,000 May and $315,000
ville, for 3y4s, at a price of 100.03. tional Exchange Bank, of Green¬ Nov.
1, 1958, $319,000 May and
ville, 5s 3s, at a price of par. Dated $326,000 Nov.-1,
vj; Lawrence County (P.O.
1959, $326,000
July 15, 1949. Legality approved May and $327,000 Nov. 1, 1960,
Lawrenceburg), Tenn.
Bond -Sale—The $300,000 hospi¬ by Dumas, Huguenin & Booth$329,000 May and $331,000 Nov. 1,
tal bonds offered Aug. 8—v. 170, man, of Dallas.
) •
1961, $331,000 May and $334,000
-P*.
352—were awarded to C. H.
Nov. 1, 1962, $337,000 May and
Corpus Christi Junior
Little & Co., of Jackson, and the
$341,000 Nov. 1,
1963, $347,000
College Dist., Texas
Trust Co. of Georgia, of Atlanta,
May and $352,000 Nov. 1, 1964,
Bonds Sold—An issue of $1,300,jointly, as 2.40s, at a price of
$357,000, May and $366,000 Nov. 1,
000 bonds has been sold to Russ
100.06, a basis of about 2.38%.
1965, $366,000 May and $379,000
Bated Oct. 1, 1948. Due on Oct. 1 & Co., Rauscher, Pierce & Co.,
Nov.
1, 1966, $381,000 May and
from 1949 to 1968 inclusive.
The both of San Antonio, and F. Bert
$384,000 Nov.
1, 1967, $389,000
second highest bidder was J. C. Smith & Co., of Corpus Christie,
May and $398,000 Nov. 1, 1968,
Bradford
& Co., and First Na¬ jointly, at a price of par, a basis
$398,000 May and $407,000 Nov. 1,
tional Bank, Memphis, jointly, on of about 2.94%, as follows:
1969, $410,000 May 1, 1970 and $4,a bid reflecting a net interest cost
$160,000 2y4%
school
building,
218,000 May 1, 1975.
Said bonds
of about 2.39%.
Series 1949 bonds.; : Due on
will be redeemable by or on be¬
May 15, as follows: $34,000 in half of the
Authority prior to ma¬
Lexington, Tenn.
1950; $41,000 in 1951; $42,000
Bond Sale—The $15,000 sewer¬
turity. (a) as a whole, at the op¬
in 1952 and $43,000 in 1953.
tion of the Authority, but only
age extension bonds offered Aug.
293,000 23/4s. Due on May 15, as after the
10—v. 170, p. 352—were awarded
redemption of all of the
follows: $45,000 in 1954; $46,to W. N. Estes & Co., of Nashville,
bonds
heretofore
issued
under
000 in 1955; $48,000 1956; $50,as 2%s, at a price of 100.27, a basis
the Indenture after May 1, 1953;
000 in 1957; $51,000 in 1958,
of about 2.447%. Dated July 15,
and (b) in part in inverse order
and $53,000 in 1959.
1949
and due on July
15 from
of their maturities (that is to say,
847,000 3% school building, Se¬
1950
to
1959
inclusive.
Second
the bonds of the latest maturity
ries 1949 bonds.
Due on May
high bid of 100.18 for 2%s was
shall be first redeemed), out of
15, as follows: $55,000 in 1960;
made by the Cumberland Secur¬
moneys in the Debt Service Re¬
$78,000 in
1961;. $80,000 in serve established under the In¬
ities Corp., Nashville.
second
of
Van, Texas
8—v.
price of 100.02, a
about 1.49%, as follows:
The
inclusive.
bonds
tion held
$1,100,000 bonds
sealed bids until 1 p.m. (CST) on
170, p. 155—
Aug. 17 or, at the option of the
were awarded to a syndicate com¬
bidder, at the office of Wood, King
posed of the Harris Trust & Sav¬
& Dawson, Bond Counsel, Room
ings Bank, of Chicago; J. C. Brad¬
ford & Co., Cumberland Securities 2300, 48 Wall Street, New York
Corp., both of Nashville, and Dav¬ City, N. Y., at 3 p.m. (EST), for
idson & Co., of Knoxville, as V/2S, the purchase of $17,700,000 not to
Aug.
as
1964
Texas
District,
has
Sch. Dist., Texas
the election held
has been sold
School
$850,-
Edwards
$250,bonds has been sold.
'building
These
sewer
May 16.
General
Bond Sale—The
offered
3y4s, at a price
of 100.06, a basis of about 3.23%.
Bated July 1, 1949. Due on July 1
of
000
of
bonds
N.
Sold—An issue
(P. O. Austin), Texas
Bond Offering — Max Starcke,
.
'■
on
Stinnett Indep.
election
the
Lower Colorado River
Sullivan
awarded to J. C. Bradford
%
held
at
water
William
sold to
approving opinion of Chapman &
Co., of Dallas, as 3V4s, at a
Bonds Sold—An issue of $20,000
Cutler, of Chicago, will be fur¬
price of par. These bonds were
nished to the purchaser without school bonds has been sold. These authorized at the election held on
351—were
& Co.,
p.
authorized
were
Leander
inclusive.
water
works improvement bonds offered
t
are
$900,000 school bonds.
Aug.
1
from 1950
the
of
2%
bonds
sold, and are payable at the Union
National Bank, Fayetteville.
The
mium
deemed
the
time
the
at
and
sewer
been
Bonds
Jan. 15, 1950, and semi-annually revenue bonds has been sold to
inverse numeri¬
thereafter at a rate or rates not the Natural
Liberty Insurance Co.,
June
1, 1953, and
any
interest pay¬ greater than 4% per annum to be of Birmingham, Ala. These bonds
on
000
Texas
tion of the city in
thereafter
Sold—An issue
Bonds
syndicate
a
composed of Glore, Forgan & Co.,
Stroud
receive County Judge, will receive sealed
bids until 10 a.m. (CST) on Aug
(EST)
26 for the purchase
of $229,000
on
Aug. 29 for the purchase of
hospital bonds.
Dated July 15,
$200,000 not to exceed 4% interest
1949.
Denomination $1,000.
Due
electric system revenue, series B
$1,000 July .15, 1952, $7,000 Nov.
bonds.
Dated June 1, 1949.
De¬
nomination $1,000. Due June 1, as 15, 1953, $9,000 March 15, 1954,
follows: $20,000 in 1950, $21,000 in $2,000 May 15, 1954, $94,000 July
15, 1954, $5,000
Nov. 15, 1954,
1951 and 1952, $22,000 in 1953 and
$5,000
March 15, 1955, $86,000
1954, $23,000 in 1955 and 1956, and
April 15, 1955, $3,000 Jan. 15,1956,
$24,000 in 1957 and 1958. All of
the bonds which mature on June $10,000 July 15, 1956, $4,000 Dec.
15, 1956, and $3,000 June 15, 1957.
1, 1955, and thereafter, shall be
by,
352—were awarded to
& Co.,
at
a
Edward L. Burton
jointly, for $550,000 as l%s,
price of 101.43.
@FedFRASER