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Al

W •*

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MONDAY

2 2 1949

AUG

i5^'"
ubr«*y

BUS.

<L

an

Chronicle
Reg. U. S. Pat. Office

Volume

New York, N. Y.,

Number 4831

170

Price 75 Cents

Monday, August 22, 1949

General Corporation and Investment
RAILROAD

PUBLIC UTILITY

-

Adams Express Co.—Change in Scull Holdings—
company
and William S. Scull Co.
(Camden, N, J.) have
requested SEC authorization for: (1) The repurchase by Scull from
Adams at the principal amount of $75,000 of Scull 4. debentures
due Dec. 31, 1S56; (2) the repurchase by Scull from Adams of 10,000
shares
of
Scull
capital stock, $10 par value, and warrants for an
additional 10,000 shares for a total of $75,000; and (3)
the exchange

j.-

This

*

Adams

is

Such asset values

portfolio

tures

due

The

31,

Dec.

has

SEC

hearing.—V.

A

interested

Aug.

until

persons

to

26

request

a

of

television

has

in

more than a third
receivers—from 10,000 to

increase of

Yon Aug.
been

13,500

by

Natural

Alabama-Tennessee

group

holders

of the company on the basis of three
'"additional common for each common share
irecord

shares of
of

held

Aug. 4, 1949. Warrants for 24,579 shares were
during the ^ subscription period which ended

exercised

■

Aug. 12.

Jat noon,
./

Net

of

proceeds

from

sale

the

of

sale

future

the

common

additional

an

sale,

stock

proceeds

with

together

4%
bonds and the
bonds under certain

mortgage
$1,300,000 of such
of

$1,700,000

of

first

will be used to pay the
natural gas pipe line
system in southern Tennessee, northeastern Mississippi and northern
.Alabama.'
!:.Y;"VY.Y
■■■'■
The
company
will purchase natural gas from the Tennessee Gas
Transmission Co. for transportation and resale of certain industries,
municipalities
and distributors in
its territory. According to the
prospectus, the company has 20-year gas sales contracts with Rey¬
nolds Alloys Company and with the Tennessee Valley Authority which
it is estimated, will provide over 65% of the company's gross revenues
costs

estimated

for

five

first

the

of

construction

of

proposed

a

the

authorized,

approximately
Y'- 'f

company's line will have a capacity of

Upon completion of the proposed financing, the company will have
outstanding $3,000,000 of first mortgage pipe line bonds, 4%
series,

serial notes;

$225,000 of 3%

1969:

v.'W.;-

and

$1

■

-

■

Gas Co.—Partial Redemption—
on Sept. 1,
next, $39,000 of
first mortgage 3%%
(now 3%) bonds due 1965 at 104 and interest.
Payment will be made at the Fidelity-Philadelphia Trust Co., successor
trustee, 135 So. Broad St., Philadelphia, Pa.—V, 168, p. 2317.

Allentown-Bethlehem

There

the

have

been

called

redemption

for

168,

1948

$432,606
$1.66

2317.

p.

Interest

of
per

X

-

'

,

share

169, p.

1877.

v.,

■'

^

income

1940,

Invest,
All

in

other

and

Total

North

The

liabilities

net

assets

American

plus

invests.,

less

cash

other

before

loan

Total

income

Expenses
Int.

on

$188,912

assets

values per

Co

and receivables,
bank loan—._

250,416
$1.69

V

.•

'.

881

2,783

30,216

'

on

value,
of
♦At

2,128 Y

income

Fed.

$827,663

bank loan

$472,669

$377,543

$ 238,502

74,073

86,174

55,154

32,625

39,375

57,237
15,701

45,400

11,200

■Y, 16,000

23,600

$682,325

$107,903

$267,014

$376,131

tax

Ridge

income

.___•

♦Exclusive of net profit on sales of securities which was credited
directly to earned surplus of $137,593 in 1949, $157,192 in 1948, $486,945

in

1947 and

$3,361 in

30,

1949,

of common stock
—




At June 30,

17,452

+$199,166

$274,251
44,542

$253,947

42,797

20,222

20,111

20,111

$136,146

$209,598

$212,002

142,200

142,200

r

taxes-

$150,339
•

142.200

has been made for Federal

elected

has

to

be

taxed

as

21,834

62,120'

61,891

'

dividends
dividends

intends

/

income taxes,

the com¬

as

company'*

investment

"regulated

a

156,420

distribute

to

substantially all of its net investment in¬
tAfter adjuring for dividends received in 1947 from Central &

come.

West

South

dividends

Utilities

and

Corp.

later found

were

to

be

Electric

without regard

NOTE—Computed

Bond

of

return

Share

&

These

Co.

capital.

'

$111,775 realized on
for-the first six months of 1949, $520,032 in the corresponding period in 194P and $218,037 in the same period in 1947.
to

profits

of

At market quotations

pany amounted

1949

the

net

value

If

common

stock at $12.50

the

assets

net

all

June

of

as

to $7,070,403,

asset

warrants

would

equal

30, 1949, the net assets of the com¬
to $19.88 per chare.
At March 31,

$20.54

was

All

have

of

the

been

accrued

outstanding

called

for

dividends.

Company,

shares

40 Wall St.,

preferred stock, class A and B,
Oct. 14 at $110 per share, plus
at Bank of the Manhattan

of

redemption

Payment

on

will

at

and

share

per

entitling holders

to purchase
share had been exercised

per

have

amounted

to

$19.50

per

1948,

31,

Dec.

19,500 shares of
June 30, 1949
share.—V. 169,

on

p. 1661.

American Export Lines, Inc.—Changes
American Bemberg Corp.—Calls Preferred Stocks—,

be

made

New York, N.

Y.—V. 170,

p.

John

E.

Slater, Executive

have

been

elected

in Personnel-

Vice-President, has been elected President
Aug. 10. Joseph A. Thomas

to succeed William H. Coverdale, who died
has been elected to succeed Mr. Coverdale
John
F.
Gehan,
Vice-President,
and

directors.—V.

170,

589.

p.

Chairman

as

the Board.

of

Coverdale

Miles

Kennedy

589,

::

Steamship Co.

Quotations

78,009

_____________

investments

and

capital gains

Provision

for

$140,574

276,938

Federal

taxe.,

360,908

$286,456

Total income

Page

60,740

$9,518

_

profit

Income from

Stock and Bond

1948

$13,626,357 $17,205,931
13,538,830
17,004,617

...

expense

Depreciation
Gross

1949

revenue

v.

(& Subs.)—Earns.

6 Months Ended June 30—

Operating
Operating

In This Issue

''

•

American-Hawaiian

New York

Stock Exchange

New York

Stock

Exchange

New

Curb

Exchange

York

Stock

(Stocks)

13

Net

(Bonds)

24
29
34
34
34
35

Earned

Exchange

Chicago Stock

Exchange.

Cincinnati

Stock Exchange

Cleveland

Stock

Detroit Stock

Exchange

35

Exchange

35
36
_..36
36
37
—38
38
39
41

Exchange

St. Louis Stock
San Francicso

Stock

Exchange

Stock

Stock

Exchange

Exchange
Exchange
Exchange

Exchange—Curb Section

Over-the-Counter

$501,482

income_____;

96,420

115,000

$190,036

on

profit

surplus, Jan.

Total

$386,482

20,414,529
$20,801,011

Dividends paid

567,525

Earned surplus,

589,950

$19,238,055

30

June

$20,211,061

CONSOLIDATED BALANCE SHEET, JUNE 30,

1949

ASSET8—Cash, $2,338,606; United States Treasury obligations, at
cost, $2,715,000; accounts receivable, less reserves, $4,783,436; inventory
of

merchandise

of

other

Federal
of

the

serve,

and

companies
taxes

for

Internal

$1;

placement

supplies,
at

or

prior

at

cost, $123,408; investments in stocks
cost, $4,280,101; estimated refund of
principally under carry-back provisions

below

years,

Revenue Code,

assets
fund

allocated

as:ets,

in

$879,276;
Insurance

to

Joint

account

mixed

claims

Fund,
with

awards, less

$1,150,000;

United

vessel

States

LIABILITIES—Accounts
Federal

taxes

on

disbursements

on

vessel surveys and
vesse*

income,

payable

redelivery

replacement

and

estimated,

uncompleted

accrued

$279,753;

voyages,

expenses, $87,946;

fund,

liabilities,

excess

$488,010;

$2,428,372;

of

6,121,667

reserve for

reserve

for

News—Cover
50
The Course of Bank Clearings..—
.43
Redemption Calls and Sinking Fund Notices—44
Dividends Declared and Payable
44

19,885,292
2,300,000

$7.26

$7.02

and

Foreign

capital gains

contingencies,

$445,000;

reserve
for insurance,
$1,150,000; capital stock
($10 par),
$5,000,000; appropriated surplus for replacement of vessels,
$12,642,825;
unappropriated surplus, $6,595,230; Treasury stock (126,700 shares at

7.72

Bond

Exchange

Offerings.—

p.

2746.

44

Rates..

St. Louis Listed and Unlisted Securities
Edward D.Jones
*

Combined Condition Statement of Federal
Reserve

' v

8.19

City

Condition

44

Banks

Statement

of

Member Banks

Federal Reserve System

Establiahed

&

Co.

1871

300 North 4th St., St. Louis 2, Missouri
Members

of

44

over

for periodic

Miscellaneous Features
State

re¬

$2,153,823;

revenue

reserve

General Corporation & Investment

7.687,971

re¬

Maritime

Commission, $9,296,072; vessels, property and equipment, at cost less
depreciation, $1,876,652; unexpired insurance and other items, $657,756:
total, $28,100,308.

cost), Dr$3,170,651; total, $28,100,308.—V. 169,
Dec. 31,*48

19,615,544
$19,805,580

____

________—

24

(Dow-Jones)

1

surplus

42

Markets

as

1949 the closing market price
of the common stock of Blue Ridge Corp. was $2,875 per share and
the asset value was $3.62 per share, as compared with market price
of $3.00 per share and asset value of $3.56 per share at Dec. 31, 1948.
closing market prices.

3.184

30,930

securities

5,931

169, p. 17G9.

1946.—V.

33
National Quotation Industrial Stock Averages_33

applic. to class b stock— $18,179,123 $17,585,292

Corp

5,715

$191,325

In

$19.53.
Net

Stock and Bond Averages

share-

(2,504,110 shares outsanding)—
asset
value,
rather than market

of 3,116,000 shares

Blue

1946

$246,401
7,546

$178,339
12,143

$250,867

17,533

Income

Common

.

25,875

,

Transactions New York Curb Exchange...—. 24

>

20,479,122
2,300,000

than

Class B stock
Based

;

385,726

1___

Toronto Stock

*

Asset

♦Net

$56,727

185,847

;

>.____

bank loan

*$8,958,500 *$9,348,000
3,832,650
4,415,625

Corp

;

Balance—net

Bank

2093.

p.

1947

1948

1949

$168,077

accrued

or

10,056

Preferred

and

25,244

is summarized as follows:

affiliated co.—Blue Ridge

in

$1.45

169,

estate.—V.

real

of

sales of securities

Toronto

June 30.'49

Invests,

reed.

pany
1946

-

Transactions New York Stock Exchange
V'.v'

with Dec. 31,

$1.44

sale

Interest

ACCOUNT

$212,377

j

1948

Harry A. Arthur, President, on July 22 said in part:
The financial position of
the corporation as of June

i

INCOME

1947

•

$424,700

American Cities Power & Light Corp.—Report—

compared

$1.07

$0.99
on

received

divs.

Exps., incl. misc.

1948

quots.

Montreal Curb

/

.

$368,803

Total income

$793,287

._

1949

shares

common

$3*35,074

share-

com.

received

Divs.

1949

$295,570
250,416
$1.18

profit after charges and taxes

Earned

i

Corp.—Earnings—

6 Months Ended June 30—

Number

Int.

32,248

;

Montreal
Allied Products

per

♦No provision

dividends

$272,803

American European Securities Co.—-Earnings—
Cash

notice.

that

Pittsburgh Stock Exchange

1949

$543,891
$2.03

and taxes
261,290 shares

profit after all charges

Earnings per share on

'

in

Philadelphia-Baltimore Stock Exchange.

Allied Laboratories, Inc.—Earnings—
6 Months Ended June 30—

—V.

described

COMPARATIVE

market

248,000

$250,843

profit

6 Mos. Ended June 30—

for Fed¬

a hearing
of which notice was sent
report, the U. S. District Court
Virginia dismissed with prejudice all claims

6 Mos. End. June 30—

Cash

*616,803

244,000

last quarterly
of

Los Angeles Stock

Net

Company

*

Boston

■Y

Investment

Regulated

a

$8,921,915

609,074

149,000

120,000 shares of common

Y' '
v.
principal underwriters in the offering were
Johnston, Lemon & Co.; Mason-Hagan, Inc.; C. F. Cassell & Company, Inc. and Marx & Co. See further details in V. 170, p. 589.
par value.
Associated
with
the

stock,

—V.

Cash in lieu
rate of 41'Ac

of operation.

years

31,000,000 cubic feet per day.

Net

the

at

if such qualification should become desirable.

142 miles long, will tap the
-main
line of Tennessee Gas near Selmer,
Tenn., pass through the
northeast corner of Mississippi and through the Tennessee Valley area
in northern
Alabama, terminating near Huntsville, Ala. As presently

I

1949.

7,

paid

$8,515,451

*455,803
183,000

including $70,405 profit

stock held

company's main line, approximately

The

due

was

*4,901,161

399,843

tax

for income

Earn,

B

serial notes,

plus $225,000 of 3%

conditions,

as

stockholder's suit

the

March

on

stock

$4,696,273

Net

of The North

of one share
shares of class

1949—6 Mos.—1948

1949—3 Mos.—1948

♦

taxes.

before

earns,

Prov.

This distribution will facilitate the qualifi¬

District

in

Net

following

1949,

2,

stockholders with

Sold—

Co.—Stock

Gas

headed by Scott, Horner &
Mason, Inc., of Lynchburg, Va„ announced Aug. 12 the
completion of the sale of 65,421 shares of additional com¬
mon stock, $1 par value; at a price
of $11 per share to
investors. The shares represented the unsubscribed por",tion of 90,000 shares initially offered to common stock¬
underwriting

An

company

40

Co.—Earnings—

American Colortype

Sales

plan for the liquidation of the United Light & Railways Co. and
its subsidiary, Continental Gas & Electric Co.,
has been filed with
the Securities and Exchange Commission,
pursuant to which stocks
of subsidiary operating utility companies will be made available to
United
Light
stochkolders.
United
Light
has
indicated
that the
liquidation should be completed by June, 1950.
:

p. 589.

i

the

MISCELLANEOUS

-

Period End. June 30—

A

in Chicago, of the longest straight production line in the tele¬
vision industry, and by the installation at the Harvard, 111., plant of
facilities
to
manufacture 500 television receivers per
day.—V. 170,

.

such

asserted

announced

week—was

a

business

of
of

1949

30,

after

1949

each

for

for the Eastern

plant

-

close

shares

of

June

tOn
to

corporation's production

the

J. B. Huarisa, Executive Vice-President. The increase
made possible by the development, at the Cortland Street

11

of

June

:Y;\;Yv'v

March 25,

on

eral income tax purposes

Admiral Corp.—Increases TV Production Facilities—
An

the

at

ended

securities),

of

stock

common

share of class B stock.

cation

4

\

fractions

per

393.

p.

record

of

months

sales

on

paid

was

Co.

of

six

security profits.

from

dividend

American

or

1955.

given

170,

shares

10,000

owns

$137,598

of

paid

was

Dec. 31, 1955, now held by Adams.
diversified management investment company

closed-end,

a

presently

i

the

for

News

closing market prices or valuations of

on

securities.

income

profit

10.2% of the 97,325 shares of
Scull
capital stock outstanding, warrants to purchase an additional
10,000 shares, and the total issue of $175,000 of Scull 4V2% deben¬

and

based

are

INSURANCE

-

(excluding net
deducting expenses,
interest
and taxes,
was
$682,325, equivalent to 27.25c per share of
outstanding class B stock.
This amount of net income includes a
dividend of $623,200 from Blue Ridge Corp.
Based on the June 30,
1949 report of that company, it appears that $431,878 of this dividend
Net

debentures due

of Scull 4V2%
*

debentures due Feb. 1, 1955 for $100,000

Scull ±l/2%

'of $100,000 of new

INDUSTRIAL

-

Copy

a

New York Stock

St.

Louis Stock

Exchange

Exchange
Chicago Bd. of Trade
New York Curb Exchange Associate

Chicago Stock Exch.

Phone

OEntral 7600
Bell Teletype
8L 593
.

2

THE

(686)
American Home Products Corp. (&

'

Federal income

1948

1949

6 Mos. Ended June 30—

$9,793,166

taxes

3,516,103

—.—

Federal

taxes

Net

profit

—V.

share.,

per

—————

„

—.

$4,390,146
3,858,585
$1.14

$5,254,800
3,858,585

—

—

shares

of

Earned

$1.36

...

170, p. 297.

V

"

■/

Earns,

per

•Includes

1948

stock

-

net

"

1946

.-

each

to

1,531,334
$1.30

$1.73

$1,436,270

from

News

Co.

24

Rise—Earnings Drop—New Director Elected—
6 Months Ended June 30—

Net salej
Profii

before

taxes—

profit
Number capital
Earned

633,000

985,000

915,000

$950,836
842,872

$1,475,551
842,872
$1.75

$1,373,144
842,872

:

—

—

shares.————
share—
——-1—

per

2,460,551

$79,926,703
2,288,144

,

,

$1.13

Quarter Ended June 30—
Net

sales

Net

profit after

John

T.

also

is

Banks

director

a

Safe

Deposit

Co.—V.

Trust

659,959

170,

of

Trust

Manufacturers

New

York

City,

and

Co.,

the

Provision

this

ended Aug.

week

the

For

Earned

608,000

kwh.,
V. 170, p. 589.

to

11.78%,

or

over

corresponding

$160,990

>$186,480

53,316

■

—

per

non-current,

$11,031;

term

payable,

Net

sales

Net

income

•Earned

44,393,000
after

per

taxes.

17,

1949

$0.23

•Based on

$0.50

10,043,291 common shares.—V. 169,

$0.59

stocks

reacquired, Dr$ 15,085;

im¬
in

amortiza¬

process of

total, $1,935,741.—V. 169, p.

The

financial

position

the

of

corporation

Cleo
and

F.

& Telegraph Co.—New Director

Craig.

Vice-President in charge of operations,
requirements, has been elected a director. '

revenue

engineering

Deduct:

Mr. Craig is also a director of Citizens First National Bank & Trust
Co., of Ridgewood, N. J.—V. 170, p. 590.

Sales

1949—Month—1948

-

—V. 170, p.

$571,999

—

Bank

bank

before

deduction of dividend

of

During

$4,290,222

duced

102.

the six

to

months

$2,075,000,

in

ended

,

June

30,

1949,

the

as

The company

V

July 29 announced that pursuant to an $18,000,000
credit
agreement
which will expire May 1,
1950, an aggregate of
$8 ,000,000
had been borrowed on July 25
evidenced by two notes
for $4,000,000 each,
maturing May 1, 1950. One note bears interest
the

at

exceed

Divs.

$3.56

of

the

was

bank

-

Stock

L.

San

Daniels,

will

the

at

Francisco
the

on

stock

Exchange

T.

opening

Period End. June

Oper.

the

to

business

stated
as

169,

the
a

Expenses

list

Aug.

the San Francisco

29,

1949.

company
is listing on the
of Its expansion program

for

lease

Co—Earnings-

1949—Month—1948

$2,355,597

20,199,722

27,520

335,238

' 338,786

cost

(at

income

Gross

Int.

&

Net

„_

$469,J 23

$393,842

$5,078,378

1,024

728

35,860

12,705

$470,147

$394,570

$5,114,238

124.075

100,334

$4,553,642
1,314,795

income

Dividends

—

deduc.

(net)

—

„

applic.

$346,072

,

—

to

pfd.

stock

1,415,848

$288,536

■

the

for

29,672 f.
$581,925
210,000

$0.06

336,165

$0.06

sales

on

608,609

and

brokers

June

30,

1949

of

accounts

for

30,

United

market

$0.06

securities

1949

market

States

which

$0.04

•

amounted

and

—V. 170,

accrued, $120,151; due
investments, at average cost
$23,106,462)
$15,031,228; total,
:
-/••Vv1'
A-'/' v>

total,

..

•

$22,779,637.

298.

p.

■

Benguet Consolidated Mining Co.—Listed—

$2,630,237

'

The
San

Associates Investment Co.—Common Div.
Increased—

The
per

directors

share

holders
E.

on

of

M.

on

the

Increase of

Chairman
cents

12Ms

of

the

over

the

Board,

previous

per share

and places

compared

to the former rate of $2.50

the annual payment
per

said:

"This

a

represents

the
Baguio
properties, the

170,

an

Axe-Houghton Fund R, Inc.—Increases
Capitalization

The

(B. T.) Babbitt, Inc. (&
6 Months Ended June 30—

Net

salts

Subs.)—Earnings—
1949

...

—

Net

income
Earned per

-

1948

$9,230,407

share

—

—;

$8,225,159

792,747

1,109,124

$0.77

;

——

;

Barber Oil
after

Corp.—Earnings—
—$1,134,674

Provis

"

.

1949

charges——

1948

281,138

operations.—V.

170,

."$606,320
377,441

$2-03

.

The

$lc0

$453,234

Operating profit

>

and

for

leave costs

taxes

written off—

f

per

ftQ irn

p.

2094

*

,

5

4,238,290

$6,815,025

$6,731,060

$3.27

«•<*

1947

1

$6,720 999

Boston

i

r,evemlof fche comPany and its

posed

eight
To

$3,862,348

$^?|

$18.004,270).—V.

preferred

on

/

:

-V.

stock.

(&

income

170,

$0.21

2.

p.

Subs.)—Earnings

1949

1948

$10,895,559

1947

,

$12,055,377 $12,052,72$
4,442,736
3,853,365

3,987.955

3,857,338

3,784,003

3,385,403

$130,617

$658,733

$467,960

170,511

143,358

82,63';

$301,128

expenses

———>

income

(net)

Fed. income taxes

taxes

$302,091

$550,598

145,000

300,000

$156,128

$502,091

64,865

221,00(

,

225,000

$0.20

chare——/.—

$329,598

66,437

225,000

—
—-

common

$0.96

66,703

225,006
; "

•

$0.5b

Buckeye Pipe Line Co.—Earnings—
6 Months Ended June 30—

1945

Transportation and other oper. rev.
Operating expenses ^ other charges

1948

$4,256,765

$3,683,111

3,446,676

3,283,546

2,941,736

$879,145

for

Federal

income

/

tax—

•

$973,219

23,482

—

——

1947

$4,325,821

Balance

Interest, income, etc

/

Net

/.

$741,32).

27,441

$990,347

$902,627

17,128

$768,766
294,065

342,006

390,438

$560,621

$599, (ft)9

$0.51

income

Per

share

•—V.

163,

1,094,456
2100.

on

p.

Budd Co.-

shares-

$0.55

1949- -3 Mos.—1943

3

05,673,110

137,749,081

2,258,245

7,316,026

3,476,439

3

after

taxes—

70,334,643
3.499.438

No. of com. sh.

outstdg.

3.476.439

3,476,439

share_

$0.96

SO.GO

Net

prof,
per

$0.43

1949—6 Mos.-

$

£

Sales

$474,70*
.

-Earnings—

Period End. June 30—

com.

/

.

' '''

-1948
'1 3

:

■

108,986,714
5,115,943
3,476,43f)

$2.00

$1.37

for income taxes for the six months ended June
to
$5,194,000, against $3,865,000 for the*

30, 1940
corresponding

of last yea?.
\
Sales during the first quarter of 1949 totaled
$67,414,438 and net
$3,816,588
($1.04).
The slightly lower profits in the second
quarter of 1949 reflect the introduction of new automobile models

during

its

to

stock

of

own

Balatoc

the

quarter, resulting in temporarily higher unit costs.
backlog on June 30, 1949 was $130,000,000. Edward
Jr., President, reported there had been no curtailment of
delivery schedules. On the contrary, two of the company's automotive
customers have recently increased schedules.—V.
The

G.

company's

Budd,

170,

largest low-grade chrome-bearing iron

p.

5S0.

1

Burry Biscuit Corp.—To Buy Own Stock—

<

The directors
the

have

company's

voted to set aside $250,000 for the purchase pt

$1.25

convertible

price not exceeding $12

preferred

stock

from

holders

at

a

share, it was announced on Aug. 12.
•
meeting in the near future will be asked t'»
authorize
the' purchase
by amending the articles of incorporation.
Presently there are 97,500 shares of convertible preferred stock out"
standing.—V. 165, p. 1063.
<
«
The

stockholders

at

per

a

>

1949—Month—1948

$3,764,078

Period End.

$45,538,283

$42/698,254

—V.

Subs.)—July Sales Off 27.2%—

July 31—

1949—Month—1948

Sales

1949-*7 Mo'i.—1948

$4,281,613

&

Plan

Maine

to

Examiner

$9,890,675
170, p. 436.

$13,582,745

1949—7 Mos.—1948

-

$66,903,175 $85,936,23a

"

Butler Water Co.—Calls 7% Preferred Stock—
The company has called for redemption on Sept. 15, next, all of it3
outstanding shares of .7% cumulative first preferred stock at $105
per share and accrued dividends.
Holders' may receive immediate pay¬
ment
of the full redemption price
upon
presentation and surrender

stock

said

of

certificates

Broad Street,

Commerce

Commission

Examiner

The

at

the

Fidelity-Philadelphia

Trust

135

Co.,

Philadelphia, Pa.

Homer

H.

Kirby

on

of

stock.

this,

the
1

the

common

The

new

stocks

would

' Holders

exchange
for

each

All

stock

then

now

security

of

be

distributed

to

holders

of

the

eight

preference
stock
would
receive
in
preferred and one share of new common

held.

holders

would

receive

in

B—.84

of

a

share;

series E—.66

series C—.79 of
a sfiare.
The

of

issue

Bonds—
Co.,

New

York, N. Y., has been appointed
first mortgage bones

$400,000 series B 3V&%

of

1, 1974.—V. 152,

p.

3337.

/■;'\

California Oregon Power Co.—Bonds

Offered—Halsey,
group of under¬
publicly offered $7,000,000 first nwrtgags
bonds, 27/8% series, due Aug. 1, 1979, at 101 and accrued

writers

The
its

Aug. 17 headed

a

who

interest. *•;'
on

,;7^

,

group was awarded the bonds at competitive
bid of 100.42.
Other bids received for 2%s

and

E.

H.

Rollins

&

Pierce, Fenner & Beane

a

&

sale on Aug.. 13
were:

Shields

(jointly), 100.0513; Merrill Lynch,
and Kidder, Peabody & Co. (jointly), 100.031;
Sons,

Inc.

White, Weld & Co., 100.02.
Bids for 3s were: Smith, Barney
Co., 102.08; and Blyth & Co., Inc. and First Boston Corp. (jointly)

for' 101.5246.

The

exchange

new

common

follows:

share, and

new

and

prior

new

a

Stuart & Co. Inc., on

Co.

follows:

outstanding
shares

share

other
as

Series
a

of

1.2

as

due Aug.

stock

preferred

new

Series B

Manufacturers Trust

trustee for

by the railroad in the past year, would
reclassify all
classes of outstanding stock into two classes of new

accomplish

To Issue

Recommends

stock.

.

SSwH fcS STSHSrS

RR.—ICC

Reclassify Capitalization—

par $100.
An adidtional 481,769.4 shares of new
would be authorized to provide for the conversion of
the

169,

Beaunit Mills, Ltd.—Sole
Transfer Agent—




arrearages

$0.53

.

—V. 169, p. 2747.

So.

outstanding stocks

vertible preferred stock.—V.
170, p. 590.

addition

capital

stock,

subsidiaries

1949 amounted to $8,900,036 (1948,
5 S!X months t0 June 30, 1949, such gross operat-

(1948,

1,999,659

dividends

properties

gold-mining

In

the

capital stock would be reduced initially
from $104,347,300 to $82,443,178.
The
new
capitalization would consist of 275,296.6 shares of new
5% preferred stock, par $100, and 549,134.98 shares of new
common

e

amounted to $18,074,444

1,999,659

$0.92

profits

Aug. 17 recommended that the Commission
approve
the company's
voluntary refinancing program. This program, the second to be
pro¬

2,858,651

$3 03

share---..

o^th/erAtinh

InV £n,!»

4,128,039

1,999,659

$0.31

426 993

reserves

prof't from operations

Earnings

1943

$10,943,064 $10,969,350

$879,868

1,992,817

period

Bryson, Inc.—Meeting Adjourned—

'

Interstate

1949

after Federal

of

299.

p.

Corp.)

June 14/47 June 15/46

shr.

com.

per

12,

Stores, Inc.—July Sales Off 12.1%—

170,

Brown

June 12/48

outstdg.—__

Earnings

the

-

Period End. July 31—
—V.

subsidiary,

June 11/49

$1,524,004

Common

on

stockholders'

Bond

Co.—Earnings—

Deductions for additions to

the

Canadian

sales

Aug.

business

meeting originally called for July
18 for
the
purpose of considering
the purchase of the Climax
Engineering Co.
Division of Liberty Products
Manufacturing Co. was first adjourned
to July 27 and then to
Sept. 14 (see V. 170, p. 194)—V. 170, p. 299.

New

Barnsdall Oil

be

$2.81

Subs.)—Earnings—

its

Butler Brothers (&

.29,734

377.441

6 Months Ended June 30—

extensive

Philippines.
64>/2%

2.

p.

Black Si vails &

233,558

90,474

$767,917

shares—

of

Prior to the Japanese invasion, the company had an uninterrupted
of dividend payments from 1916
to 1941.
Based on the present
12,000.000 shares outstanding, the dividends
paid from 1933 (the year
in
which
the
statutory price of gold was established at $35
per
ounce)
to 1941 ranged between 19c and
42V2c per share per year.
The
earnings from which these dividends were paid came from
Benguet* s
own
operations and from the dividends received from
Balatoc
and
Heald Lumber, but did not include the
past earnings from the chrome

$716,526

2,237

-------

trading privileges

opening

record

Sales''
Net profit
Number of capital

the

1947

$977,932

364,520

on
for domestic taxesProvision for foreign taxes.,

to

(&

profit for the period
Preferred dividends

$1.03

June, 1949 quarter net income was $229,654, or 22c
per share
on net sales of
$4,157,983, compared with $483,291, or 47c
per share on
net sales of
$3,990,937 for the came 1948 period.—V.
169, p. 2094.

6 Months Ended June 30—

the

owns

$609,124

$1.01

^.Balance

j

For the

Profit

at

operates

of

deposit in the world.

ore

stockholders on July 4 voted to increase
the authorized capital
stock, par $5, from 250,000 shares to
1,000,000 shares.—V. 170, p. 394.

and

owns

District
company

what is believed

owns

394.

p.

Exchange

Mining Co. and a 75% stock interest in the Heald Lumber
Co., a
lumbering operation near Baguio,
Benguet also has a 50% profitsharing and operating contract with Consolidated
Mines, Inc. which

rate of 62»/2 cents
basis of $3 per share as

share.—V.

company

in

quarterly
on

admitted to unlisted

was

Stock

1948

$218,435

share.

Brunswick-Balke-Collender Co.

amounted

*

The

Aug. 15 declared a quarterly dividend of 75 cents
$10 par value common
stock, payable Sept.* 30 to
16.
,
,
,
,
>
;;

record Sept.

Morris,

capital stock

Francisco

1.949.

capital
2634.

p.

1949

taxes

6 Months Ended June 30—

Net

Earns,

AA

608,000

$3,039,781

————

sold, $67,269;

$2,303,335

per

Provision
Balanee

securities

$1,092,000

shrs.

Provision

$5,954,094;

interest

earned surplus, $9,378,589;
,

for

value

market

dividends

$278,086;

securities—at

$5,991,942),

$77,977;

quotations,

capital surplus, $2,164,258:
—V. 169, p. 1775.

receivable

banks,

1140, 2222. "

•Disregarding

to
On

1949

Government

quotations,

receivable

securities sold,

in

1949

market

securities—at

169,

profit

•Earnings

$661,986

—

profit

cash

other

applicable to 662,877
outstanding shares of
to $13.96 per share, $9,257,993.—V

common

163, pp.

Net

44,838

/ LIABILITIES—Note
payable to bank (2 %%), due Oct. 1, 1953, $2,075,000; accounts payable and accrued expenses. $39,426; due to brokers
for securities purchased, $114,331; dividend
payable Julys, 1949, $1,497.,397; provision for taxes, $20,653; common stock
(par $1), $7,489,483;

$3,698,390$3,238,846

period

125,788

$454,252

$22,779,637.

$4,540,93'/

(net)——

income

oth.

June

dividends
from

(at
Other

119,329

26,859

ASSETS—Cash, $1,546,187;

$21,481,799
16,602,076

plant

Operating income

$832,611

BALANCE SHEET, AT JUNE 30,

1949—12 Mos.—1948

$2,529,787 $25,613,338

2,108,425

(net)

—V.

Total'.

1,857,704

taxes—
of

135,351

,

1,497,896

net

securities—at

in

assets

after

per

Federal

143,201

$1,407,203 in 1949. $661,504 in 1948 and $1,985,671 in 1947.
tBased
7,489,483 common shares outstanding.
-V,
v///
A

28,770

and

/■Exclusive of

LIABILITIES, JUNE 30,
Govt,

investments

Net

45,185,,

120,297

tEarns. per com. share.-

part

S.

regulated

a

A ■/?;/./*'''"

capital stock sold, $31,312; special deposits for
dividends,

Balance before

$730,926

$460,128

dividends

Preferred dividends

.

net

income

Earned

$554,059

77.406

29,318

95,230

income

Common

AND

U.

as

liability lor Federal

no

?.//.'/"/

re¬

$601,408

-

24,047

loan—

In

•A'VA

Brockway Motor Co., Inc.—Earnings—

loan

1946

$608,334

90,262

$579,405

—

bank

on

•Net

of

2634.

p.

Light

30—

-evenues

exps.

Rent

of

Exchange

Coast.—V.

Arkansas Power &
Operating

admitted

be

President,

Stock

Pacific

6,930

—

have

.

46,152

Total

Archer-Daniels-Midland Co.—Listing—
common

—

should

30

1947

$481,828

(at
—

JUNE

1943

$,526,323

securities

Interest

Interest

The

ASSETS

profit on sales
Selling, general and admin,

1949.

bank loan

terms

ENDED

170,451

such

Gross

made

The

without

in

market)

per
annum,
and the other 2%.
Subsequent
at the then prime interest rate, but not to
borrowing may be repaid in whole or in part at
premium.—See V. 170, p. 298.
•
*

MONTHS

1G49

Cash dividends

2'/4%

be

may

2V*%.

time

any

on

of

rate

borrowings

SIX

203,433

$118,493
128,793

receivable, $45,047;

for

Miscellaneous
EARNINGS FOR

$151,302

2,200,000

agreement.

Appalachian Electric Power Co.—Bank Loans—

26,838

$192,972

6 Months Ended June 30—
Net

Com.

$3.62

,

1949 the

with

$145,332

26,210

$8,295,149), $8,521,165;

Brown Co.

Dec.-31,'43

$1,497,897 payable July 8,

compliance

$177,512

28,193

-

net income.

$508,906;

stocK, equivalent

Balance—net as.ets applicable to com. stock- $27,095,412
$26,644,314
(7.489,483
•After

$4,294,118

30,

2,075,000

—

$221,165

31,614

LIABILITIES—Accounts payable, $186,555; accrued
liabilities, $7,225;
payable
July
1,
1949,
and
unclaimed
dividend.;
payable,

•$29,170,412 $28,844,314

loan—

1949—6 Mos.—1948

$748,848

OF

(Incl.

June 30,'49

-

loan—

Asset values per share—common stock
shares outstanding)
„

Angerman Co., Inc.—July Sales Off 10.3%—
Period End. July 31—

assets

net

—

$145,332

as

respect of

28 Weeks Ended—

June

1946

7

—

total, $9,572,724.

$120,953;

1879.

follows:

as

<■

Total

of

as

1947

$3,650

dividend

Report—

compared with Dec. 31, 1943, is summarized

American Telephone

in

interest

$120,940;

current maturities long$149,738; provision for income

Blue Ridge Corp.—Semi-Annual

$0.98

1877.

p.

tax

receivable

$72,000; accrued expenses,
$133,233; reserve for contingencies, etc., $22,600; note payable,
monthly installments to Oct. 13, 1952, $166,000, class A common
Stock (par $10), $250,000; common stock
(par $1), $126,520; paid-in
surplus, $249,656; earned surplus, $552,449; cost of common and class A

$

/

$231,049

and

company

(cost

due iri

56,605,000
89,101,000 108,237,000
5,142.000 >, 6,101,000
10,053,000

2,359,000

share

com.

$

"A

$177,512

paid

value

$228,630;

debt,

of

as

217,515

*

period—

$0.92

-

investments

of

preferred

235,049

for

$504,609),

leasehold

and

excess

underlying book value thereof (in
total, $1,935,741.

LIABILITIES—Accounts

1948.—

and

1948

$8,587

254,076

etc.—

STATEMENT

SHEET, JUNE

equipment

leaseholds

first

$71,162,341

corporation has determined to elect to be taxed

income

and

BALANCE

property,

(net), $1,103,007;
over

tion), $144,084;

1949—6 Mos.—1948

$

3

Inc.

(cost

$477,567;
receivables, $8,314;
inventories of
food
cost, $161,135; prepayments, current, $30,503; prepay¬

supplies, at

subsidiaries

American Radiator & Standard Sanitary Corp.—Earns.
1949—3 Mos.—1948

1949

\

$262 663

$113,296

$0.60

«——_

and
to

•'

73,184

$79,629

share

preference
amounted.

—

expenses,

•The

taxes,

Period End. June 30—

income

Dividends

28,046

—-

-

common

prior

These

Investing Corp.—Earnings—

income

General

2,685

Income

on

_

provements

of

week

$183,795

ASSETS—Cash,

Co.—Weekly Input—

the

———i—

-

CONDENSED CONSOLIDATED

the

Savings

1949, the System inputs of subsidiaries
252,558,000 kwh., an increase of 26,-

11,

amounted

company

$151,955
9,035

—

taxes

for

profit

ments,

of

the

on

canceled.

ASSETS—Investments
Net

and

American Power & Light

1,779,469
-

....

Non-recurring expenses

297.

p.

1,458;116
1,878,969

v

expenses

Total

$3,520,879

1,237,189

.•

administrative

share, and the common
single common share for

a

June 18/48

$3,168,612

-

-i

and

Total income

550,152

the

of

Co.,

be

income—

investment

1947

196,277

June 17/49

.I-:
Profit from operations
Other income (net)

President and Trustee of the Emigrant
been elected a director of this corpo¬

Chairman,
Bank, has

to

Broad Street

Dividends

.

or

1948.—V. 170, p. 486.

the

•Net

39,401,883

taxes————

Savings

He

Manufacturers

1948

42,001,724

/'

sales

of

Operating

$1.63

43,441,021

-

Madden,

Industrial
ration.

1949

—■

...

Ended—

sales

Cost

1,583,886

——

Federal income taxes—
Net

Net

1947

1948

1949

$88,560,373 $85,829,519

-

_

Weeks

(& Subs.)—Earnings—

comomn

share,

;

arrearages

6 Mo:. End. June 30—

B/G Foods, Inc.

new

a
a

are

,

Wholly-Owned Subs.)—Sales

(&

of
of

Dc. 31,

$0.94

,

$189,860, resulting
sales of securities held by the company.—V. 169, p. 1879.

.07
.05

stocks

1,531,334

of

issued

receive

outstanding.

Interest

American

be

would
20

Dividend

$1,989,053

1,531,334

profit

is

stock

1947

$2,642,188

$1.18

non-recurring

Monday, August 22, 1949

,

$1,801,212
1,531,334

—

outstdg..
share———

CHRONICLE

Subs.)—Earnings—

<

Capital shares
Number

FINANCIAL

1949

Net profit after estimated

$7,906,249

4,538,366

after charges—v—

profit

&

Beech-Nut Packing Co. (&

Subs.)—Earnings—

6 Months Ended June 30—

Net

COMMERCIAL

share;

series

non-cumulative

D—.94

of

preferred

bonds

ranging from

*
may

,™; '
'
be redeemed by

104%

to

100%.

PROCEEDS—Proceeds
sale of

from

.

^

.

the company at any time at prices
:

the

250,000 shares of common

sale of the bonds and from the
stock are to be applied to the com

Volume

Number 4831

170

construction

pany's
"incurred

for

that

which

of

the

of

amount

bonds

of

series

in

V.

the

President

principal
follows:

as

Issues

t

stockholders

The

Commonwealth

&

Southern

Central Illinois Public
Period End. June 30—

250,000

Operating

250,000

Canada.

The

net

Power &
Other;'

working

to

$6,794,561

Mos. End. June 30—

Interest

_

—

Net

752,837

2,905,634
8,152,134

6,288,315

Total

income

$11,054

$3,879

161,349

146,220

126,763

4,461

$173,133

$161,734

expense

__

17,250

17,250
18.953

inc.

Preferred

period
dividends

Surplus
-

19,185
•

1,205
$124,326

65.100

65,100

65,100

65,100

$70,092

—$70,273

and

should* have

such

as

charter,

no

as

$59,226

dividends

the

on

class

possible Federal income tax
net

income for

The

$6,624,936

and

A

class

B

stocks,

a

June

and

$0.54

with

for

declara¬

for

($9,000) has been made in respect of the

class

of

of

class

funded

stock

B

June

on

debt, $129.15

per

30,

1949,

share

Operating

late

Straus

M.

Haber

170,

of

meeting

to

be

held

has

been

""

in

with

accordance

29

$15,811,348

Federal

Net

End. July 31—

1949—Month—1948
$22,386 ftfit
$19,780,172

per

■

■

"Based

$150,391,578

the

plan.—V.

>

effect

of

$0.25

$2.77

—

Subs.)—Earnings—

The

shares

of

$10

started

San Francisco

on

4.20%

cumulative

$14,949,874

Central Foundry Co.

Profit

from

•

April

8,

1948

and

income

operations

stock

18,412,883

1,421,632

6,231,515

32.801

131,202

possible

deficiency.—V.

to noon
equipment tru t

ended

May

(CDT)

170,

on

491.

p.

Equip¬

Sept. 8
certificates, series

up

and mature

::uburban

20

in 24

equal

for

on

semi-annual

coaches

passenger

/':':'/'r

W.

a

F,

to

installments

•

of

cost

to

70-ton

500

estimated

an

,/•"'.

•

Bourns, Secretary of the protective committee for the
4%- bonds of 1988 of the Chicago, Rock Islapd &

filed,

170,

final

a

depositary,

and

accounting

terminated

with

the

published

a

of

the

deposit

Bankers

deposit

notice

that

dated

the

com¬

Trust

Co., New
dated July-7,

agreement

492.,

p.

/: 1.418,083

1,290,177

5,448,200

5,031,573

plus

1,768,100

1,790,900

7,418,900 V.

7,136,400".

tion.

Net

and

rentals

1949

Units

operated

'

/

'

'

■

,

->

$3,770,332 ? $3,684,090 $15,777,388

-

from

■■'/ '

for

results

arising

from

Provision

on

i

5,077,052'
$9,131,798!

-

...

170,

$0.31

$0.32

Income
on

Divs. received

—

,

STATEMENTS

OF

INCOME

General

Taxes,

arid!" adm.nistrativfi,
than

other

Federal

12,

(COMPANY

reed,

Federal
taxe§_^..,

income

!T

ALONE)
1948

$6,163,367
248,945

expenses

income

7,314

—_

21,677

335,000

422,000

~

•

adjustments,to sur¬
to reorganiza¬

'

....

believed

tgxes

taken, in

be

t

to

be

computation

unnecessary

of

not

taxablp

'

Exps.
.

1949

.

»

v

other

1946

$9,318,435

3,130

than

8,547

$15,539,030 $12,344,725 $12,351,46.p

$9,323,982

Fed.

14,959

for

Net

1947

notes

taxes

Prov.

1948

.

S.

Total income

$7,531,710
188,417 j

;

U.

on

Treasury

' $1.26

1949

'

'."'

stock—$15,539,080 $12,344,725 $12,348,330

common

Interest

v.

$1.41

include

credits incidental

300.

p.

6 Mos. End. June 30—

.•

„

Federal

certaiij' deductions to

to

not

do
or

//
income

Christiana Securities Co.—-Earnings-

$14,208,850

of

stock

for

1948

charges

'

$2,273,077 $10,210,249

$2,371,263

52

-■'

5,567,139

1,411,013

' *92,637

52

r

income.—V.

gross

1,399,069

$10,412,002

___—

(1) The

account

due

$3,662,613 $15,634,97.2 $14,122,352;
21,477. v
02,416
£6,493

6,597

._

V

NOTES

$3,763,735

1948

$10,064,628

201,972

__—

.

loss

/:. "Profit.

159,303:

.

(& Subs.)—Earnings-

6 Months Ended June 30:

Sales

6,173,602.
5,346,281

" ////;:/

income" J

Total

Gross

Interest

Fed.

inc.

income

tax

14,714

13,191

13,417

885,000

'

703,000

703,OOP

531,000

$11,635,269

$8,782,565
"625,000
/ 8,100,000

$i4,630,121 $11,627,013

____

Preferred-dividends
Common

$230,641

Net

inc.

61,163

11,975
173,514

(est.)

tax

—V.

61,775

li-

income

profit

$6,794,81'8

$5,468,983

Century Electric Co.Months

Ended

June

'525,000

525,000

14,100,000

dividends

11,100,000

Cpst of .products sold-.
Selling, gen,, and admin, expenses—

1947

1943

$6,178,385 $11,310,493

—

$10,795,747

4,906,418

8,194,690

7,323,038

752,857

865,640

525,000

11,100,000

,

$994,107
135,652

■

$2,250,163
44,647

$2,716,013

31,422

profit

before

$550,532

$2,224,810

$2,742,100

deprec—

Other.- income

122,444

Total

income

—_—

—

25.472

324,310

299,389
$506,686

Provision

for

inventory

:

Provision

for

income taxes

$95,530

$307,704

$517,553

$0.14

$0.47

$0.79

—rV. 170, p. 299.

26,087

$953,991

"

16,592

-C-_

Interest expense
Other deductions

5-

34,998

.

$0.77

34,476

26,989

411,900

:

392,351

•312,201

100,000

200,000

conversion
to

been

Aug. .11

on

convertible

of

terms

Cash

applied

will

be

the SEC

to

debentures.

Details

to require

total

a

profit

-

capital.—V.

new

exps.

Gross
Income
Net

—

and

taxes—

deductions

Dividends

4 V2%

on

dividends

/"Based

337,030

'/ 535,191
$2,794,725

501,606

Notes

$2.52

v

$0.06

501,606

$2,293,119
$2.87

SHEET
.

deposits and. working funds——_—$584,995
505,104

$315,028
505,104

1,162,186

(net)

assets

::

1,541,881

2—

-

1—2

plants and

equipment

(net)—

charges

4,986,624

5,886,894

2

;

194,370

205,109

—

7,196,904

shares.

$2.34

;'!.

r; .•

■//;/

.■

" ./

CONDENSED

current

plant,

BALANCE

$62,275,701;

assets,

$2,836,737;

SHEET

JULY

investment

deferred

31,

LIABILITIES—Common

$11,146,400;

The

Commercial

VWilliam

Dana

offices:
as

long

135

payable to banks_^

i

$1,200,000
476,249

2—•

■

.

$1,200,009
1,046,966
24,852

Federal and State taxes on income—-—
L
458,446
Wcrkmen'js Compensation: claims and expense— / '
19,697
maturity of long-term note payable— *
50,000
Long-term note payable
—1,200,000
Debenture notes
496,300
Appropriated for inventory price decline—550,000

902,427

for 1949

Fed. and State taxes on inc.

Capital

stock

fund accounts,
$225,497;
total,

Earned

surplus

Paid-in

surplus

(est.)

(par

$10).

——5,393;150
______—

——~

30,000
50,000
1,200,000
403,400
.*
550,000

22,000

4,559,172.
287,676

HOTE:

Financial

surplus,

$16,835,870;

$16,754,300;
Chronicle

current

(Reg.

U.

S.

accrued

Patent

-V.

169, p. 2100.

5,393,150
4,644,092-

287,676

account

of

the

fluctuations In

the rates of

on

on

Dividend—
declared

Aug. 15

dividend of $8 per share

a

the

on

stock, payable Sept.' 15 to holders of record Aug. 22.* In
pf the two preceding quarters $7 per share was paid.
In 1948,

commpn
each

a

year-end dividend

of $71.70 per

Clark Equipment Co.
6 Mos. End. Jupe 30—

Gross

.

,

three

quarters and

in December.—V.

161, p. ,1312.

(& Subs.)—Earnings—
;

;

of the first

share

:•

•

1949

...

profit before depreciation-

1948

/
'

1947

$6,336,816

$7,457,205

99,093

93,091

91,285

$6,435,914

$7,550,296

$6/364,638

income

Depreciation

320.406

Admin. & sell. exps. & disct. allowed
Int. paid and sundry expense-

.Net

—!

reserve

Provision

for Federal

$6,573,353

Total
Preferred

29,495

297,031

v

•2,886,545
■
.

23,340

-

500.000

——

1,178,000

;——_

——

.1,314,000

$1,920,836

$2,443,1.93

$1,643,722

8,626,232

5,176,294

8,162,466

$10,547,118

$7,625,487
44,815

$9,806,188

44,815

31_

1,502,000

527,587

Dec.

——

Common

3,217,755

100,385
■

taxes.

profit' _1—— _______:

Earned' surplus,

351,853

2,91G,237

________

income

475,232

356,424

,$4,825,304

dividends

dividends

surplus,

June 30

—

$9,974,716

44,815

$7,105,440

outstanding-

527,587

475:232

Earnings per common share—

$3.56

Common

shares

ASSETS—Cash

securities,
accounts

in

banks

$1,000,000;

■

475.232

$5.06,

exchange, remittance for foreign subscriptions

c/a Edwards
Subscriptions

and

on

JUNE

$3.36

.

30,

1949

.

'

<

:

,

:

hand, $7,330,409; U. S. Government

short

receivable—net,

000;-laud,
ance

and

term marketable
securities,
$2,000,000;
$3,495,346;
inventories, $10,700,395; U. S.

securities segregated for new plant construction, $2,000,buildings, machinery,'etc. (net), $9,179,257; prepaid insur¬

taxes, etc., $129,605; total/ $35,835,012.

LIABILITIES—Accounts
—accrued,
for

$339,517;

sinking

fund

payable

reserve

for

and

payroll,

Federal

debentures—due June

taxes

1,

possible

$2,289,469;
on

income,

taxes, etc.
$3,099,515;

1963;

$6,000,000; reserve
$1,000,000; capital stock

future inventory price decline,
5%
cumulative preferred stock (par $100), $1,902,700;
(par $20), $10,940,620; capital surplus, $546,300; earned
surplus, $9,974,71G; capital stock purchased and held in treasury 1,101
shares preferred at cost.of $108,660 and 19,444 common at cost of
and

surplus,

common

stock

total,

$35,835,012.—V.

169,

p.

2748.

Herber. D. Seibert, Editor and Publisher;
a statistical issue on
MonaayJ.
Other
& Smith.Copyright 1949 by Will*am B Dana Company
Reentered
in United States, U. S. Possessions, Territories and Members of Pan-

William B, Dana Company, Publishers, 25 Park Place, New York 8, N. 'Y., REctor 2-9570.
Manager.Published twice a week [every Thursday
(general news and advertising Issue)
with

Office)

SHEET

Government

$147,725), Ur$257,825,

\

Salle




$55.05

1949

$100), $15,000,000; surplus (earned), $20,635,879; total, $51,043,384.

'.Declares $48

3*/4%

$14,738,470 $15,732,533

preferred

and

matter

Union,

On

and

debt,

President; William D. Rlggs, Business
St., Chicago 3, HI. (Telephone State 0613): I Drapers' Gardens, London,
E. C., England,
February 25, 1942, at the post office at New York, N. Y., uijder the Act «f March 3. 1879.
$35.00 per year; in Dominion of Canada, $38.00 per year.
Other Countries, $42.00 per year.

La

par

Earned

25,780

1949

Seibert,

S.

second-class

American

and

stock

term

$157,565

$74.07

30,

1

•;

$65,422,341.

stock,

JUNE

preferred stock,
payable July
1, 1949,
$262,500; Federal income tax. $145,005; 7% cumulative nonvoting pre¬
ferred stock, (par $100), $15,000,000; common stock
(150,000 shares,

BALANCE

,

and

debits,

7,145,814
132,732

—103,286
"1

—$14,738,470 $15,732,563

„

SHEET,

7"
'
$446,775; investment in E. I. du Ponf de Nemours
& Co. common stock
(12,199,200 shares), $44,659,257; investment in
Othc/ companies (at cost), $5,937,352; total, $51,043,384.
/
! /

Inventory

-

June 30/49 Dec. 31/48

<

Current

$1,873,174

$2.91

BALANCE

.

.

ASSETS—Utility
$84,406;

124,216
499,650

$10,269

.

$74.01

$1,260,787

Accounts payable
:———
—
/
Accrued interest7•

...

$2,324,233
•

r

$2,011 /-

$94.09

LIABILITIES-^.

$2,374,780

501,606

-

•

Total

Res.

INTERIM

915,000

$1.94

539,3i5
:»

;——

Patents, trade-tinarks and goodwill—:

571,326

,

$2,416,312
f $3.02

share__

800,000

on

/

130,205
528,201

,

Govt, obligations at cost and accrued int.

Deferred

$2,946,106

'

S.

Froperty,

1946

$3,329,916

501,606

common

E?rns. per ccm.

U.

pfd.

—

Net avail, for

70p,000

$1,026;993

121,347

COMPARATIVE

Other

1947

$2,825,839

;'

Demand

1664.

$3,162,899

$2,917,918

-r

Receivables
Inventories'

1943

346,645

—____

stock

170, p.

Calendar Years

$3,264,563

shares

ASSETS—

$17,579,200 $17,014,637 $15,792,009 $13,539,722
'14,314,637
13,851,738
12,462,153
10,593,616

income

income

t

$36,427

paid———outstanding

Earnings per shares—

Co.—Earnings—

July 31,'49
revenues

Oper.

22,000

interest,

'

12 Mos. End.

.

(est.)

j.

—

dividends

Capital

authority to teil
maturity

to

filed

of $27,000,000 in

Central Illinois Light

Gross

for

as

by amendment.
The net proceeds
applied to the payment of short-term borrowings which have
to finance f'rst strges of an expansion program estimated

be

used

______

■

.$14,121

..

BALANCE

Miscellaneous
.Net

company

reserve
,

surp.

27,123

36,872

,

Central Hudson Gas & Electric Corp.—To Issue Debs.
The

in

'

the company paid $37 per share in each

43,333

-

$6,000,000

increase

"

The directors

share.

per

'

.ASSETS—Cash,

756,696

$519,110

—

Operating

com.

Earned

Net

Earnings per com. share'

•LIABILITIES—Dividend

1949

30—

sales

Depreciation
Net

104,798

169, p. 2748.

"Six

Net

1949—6 Mos.—1948

$554,356

6.629

$6,899,616

lp3,I25

,

.

(

(& Sub.)—Earnings—

debt

$5,577,103

income. ^——
notes,payable

on

'

(par

66,707

long-term

on

Federal

v

bids

$3,552,000

"

Childs Co.

$1,321,756

income

"

•

•

1949—3 Mos.—1948

Depreciation
Int.

/

said

of

receive

1949

and

/

1933.—V.

$63,972,805 $57,786,150

20,397,683
7,309,499

12 Months Ended June 30—

par

Exchange—

preferred

Period End. June 20—

-

of

1,

,

$100) was admitted to
the list of the San Francisco Stock Exchange at the
opening of busi¬
ness
Aug. 12, 1949.
There are presently ■.-outstanding 250,000 shares
of this issue.
The dividend rate is $4.20 per year.
/.This company whose tractors and other earth-moving equipment are
distributed', throughout the world, has a manufacturing plant
at
San Leandro, Calif.
The main plant is located at Peoria, LI.—V. 170,
p. 395.
*
»
■ *
'^
: ■
' ■ '

;.

issue

cars

8

York

1949—12 Mos.—1943

$1,350,334

-

common

.

are

will

company

mittee. had

252,493

income
(net)

,

'

and

two-sevenths

~

Lsted

*

tDeficit.

mortgage

32,801

______

income

.

1948.

-

Pere

Ry., the predecessor company,
in
notified holders of the certificates

1,556,492

taxes—_

Earnings per jhare
7,259.606. shares'

$0.74

which

$2.06

and

outstanding after merger of Chesa-.
Marquette, and after allowing for preferred

Deposit Agreement Terminated—

Aug.

(&

2,800,986

$0.48

strike

a

16.476,471

$1.92

.

general

1,62b,542

income

Gross

value common stock now
outstanding, and after preferred dividend requirements.
NOTE—Operations for the seven months ended July 31, 1948 reflect
the

for

Edward

170,>

4,942,766

Income

$109,929 263

10,523,023

3,764,480

on

15,452,403

$0.31

/

shares

of

The company on Aug. 12 applied to the Interstate Commerce Com¬
mission for authority to issue the $3,552,000 of
equipment trust cer¬
tificates.
■:
'
::

308.313

'.'v;

.

.

959,915

—

2,471,911

Nil

requirements..

$4,738,000.

5,131,002

_

Deduction,

1949—7 Mos.—1948

1,883,171
""

com.

share

$152,525

share
number

on

$148,000 beginning April 1, 1950.
Dividend rate is to be determined
competitive bidding.
No bid for less than 99 will be considered.

1.762,772

_i

operating

Other

i

Caterpillar Tractor Co.—Sales & Earnings Rise—

Earns,

23,636,255

'

■

*

10,085,571

22,259,503

Ohio

&

(2)

has been elected Chairman of the Board and"
elected President to succeed his brother, the

Net

taxes.

9,981,083

4,293,082

*

in charge of sales and
and Mr. Haber is a former Vice-President in charge cf
The corporation,
world's largest producers of cashmere
has mills in Cleveland and offices in New York.

after

1,474,455

809,696

dated Oct.

.

Amort, of plant acquisi¬
tion adjustments
Taxes, other than Fed.

} Mr.
advertising

Profit

1,421,171

com.

.

187,031,574

of

will

for

Deprec.atjon

production.

Saloj

per

The

/v-//

1949—3 Mos.—1948

resale

Other

194.

p.

Haber, founder of the company.
Straus was formerly Vice-President

'Period

11,605,759

•

ment Trust Certificates—

Corporate

-

Aug.

on

,/v:;/:;./

Maintenance

preferred

Een

products,

certificates

purchase

income

W.

10,820,000

taxes

Chicago, Rock Island & Pacific RR.—Bids

•

common
stockholders in accordance with plan of
authorizing
the
issuance
of
$48,731,000
general
3V4% series due 1987 and $10,739,925 non-interest

revenues

Power

Cashmere Corp. of America—New
President, Etc.—
Lawrence

'.14,000 Cr2,084,279

$"""$'

Operation—.

$22.76

dividends, it is
planned,
to make such distributions
twice a year, and dividends of 35 cents
per share of class A stock and
8.96 cents per share of class B stock were
recently declared from avail¬
income.—V.

174,989,045

income" 1—1

by

Period End. June 30—

year's

M.

Proposed

—.

Central & South West Corp.

compared

as

of preferred,

1349—7 Mos.,—1948

$

28,653,516

be

Jersey

special

a

591.

taxe§_.__

oper.

accruals

to

(3)

bonds,

bearing interest
p. 591.//

30,

remaining after the payment
subject to charter restrictions,

investment

at

p.

19,794,773

Pacific

income

able

stock

B

mortgage

per share of class A, and $0.70 per
hare of class B on Dec. 31, 194H.
•'
>
While it has been the policy in recent
years near the end of the year
to pay in dividends on the class A and class B stocks all the
net

$4,567,987

were

the

170,

gondola

stockholders

modification;

share

per

587%

York.—V.

,

.

,

„

New

income-

railway

dividend

reports net

assets

per

$4,577,396

New

in

NOTE—July, 1948 net income includes net debit of $936,300 repre¬
senting accruals for. one-seventh of possible deficiency in income and
excess profits taxes years 1939-1945, and interest thereon to Dec. 31,
1947, less -potential income tax saving on such interest,
Period to
July 31, .1948 net income includes net debit of $1,872,600 representing

(1)
changing the presently authorized 300,000 shares 1 of
stock, $100 par value, to 460,00 shares, $50 par yalue, and
classifying such shares into 185,000 shares of class A stock and 275,000,
shares of class B stock; (2) authorizing the issuance of class A stock
and scrip certificates to general mortgage bondholders ■ and issuance

,

$126.15

1,672,320

$1,062,319

interest

5V? %

Bank

common

value of

provision

<.

of

T rust

consider

assets, before deducting funded debt, of
1949, as compared with $6,755,440 at Dec. 31,
equivalent to 576% for the 3% debenture
share of preferred stock, $22.13 per -share of class A stock

at

Net

1948.

$6,240,303

2,105,549

The

17.

Harris Trust & Savings Bank, Chicago, is trustee.
The net proceeds will be used to finance the purchase

The

1949.

corporation

$6,682,946

427,289

$1,091,728

..

RR.

Changes—

NOTE—Net profit on sale of securities for six months ended June 30,
1949 (after taxes applicable thereto) amounted to
$65,100, as against"
$248,000 in 1948 and $55,801 in 1947.
if

—

Central

the corporation

of Federal income tax thereon. Since as at June
30, 1949 the
the corporation's net assets were not sufficient to
permit the
of

$1,489,609

559,824

2.

p.

Aug.

on

applicable to accrued and unpaid
being made on the 5% debentures
Co. 'm New York and on the

inc.'

ry.

proposed

com¬

liability for Federal income tax in

income from dividends and interest, thereby relieving

tion

$1,651,553

profits

'-Calculated

$22,656

regulated investment

a

a

to

129,680

income

170,

announced

1949—Month—1948

31-

Canadian

exc.

"Earns,

Definitive first and refunding mortgage bonds, • series "R" 3% due
1, 1979,-are available in exchange for temporary bonds at the
Bankers Trust Co., New
York, N. Y., and at Old Colony Trust Co.,
Boston, Mass.—V. 170, p. 299.

net income,
tit has been the policy of the cor¬
regulated investment company and when permitted by its
pay out in dividends in each year substantially all its net

as

29,135

$6,129,695
110,612

deducs—_

&

National

Chase

at

Net

2,757,000

38,389

&

March

of the above

respect

poration,

2,898,000
$6,553,265

other

Bank

Hanover

Net

Central Maine Power Co.—Definitive Bonds
Ready—

.

$87,756

/

•

587,000
$1,460,473

and

Other

2,156,804

678,000

income..

&

—V.

1,534

$125,192

^Corporation has elected to be taxed

pany

.■

1,506

$135,373

for

2,501,091

13.033

19,741

.

til,089

Net

588,218

$1,613,163

._

Exchange

been designated as
debentures and is

income,——,¥Tr

S.

'<

26,213

'Taxes

■

U.

2,242,076

income-——
met)

Jan.
1, 1948, and optional 5J/2%,
are being quoted ex-interest in
$1,000 principal amount of debenture,

1954,

per

$

1,387,841

,_i

taxes

Gross
Int.

$133,642

17,250

Interest
General

1,817,990
2,700,997

Gross

,

$183,452

_______

649,290

Curb

due

15,

$100

Chesapeake & Ohio Ry.—July Earnings-

Fed,

tax

Sept.

or

the

Period End. July

3,229,224

1,758.455

————_

oper.

Net

t

York

series

due

10%

has
on

Central

peake

$11,784

______

•

ihcome

of

debentures

595,857

1946

167,'883

_

income

than

at

2,089,941

;

other

Other

1947

1348

New

payment

i'

purch._

gas

581,568

,■

$15,563

..

Dividends
Other

1949

103.

p.

$6,099,007 $27,529,113 $24,190,958

706,874

Federal

capital.

debentures
series

amount

1949—12 Mos.—1948

370,453

V' income

Capital Administration Co., Ltd.—Earnings—
6

5%

debentures

Service Co.- -Earnings—

461,435

Taxes,

-

proceeds will be added

The

170,

3

Central States Electric Corp.—Ex-Distribution—

-

Letter—Future

Corp. below.—V.

Depreciauon

approved the sale of $250,000 4% 10Cochran Murray & Co., Ltd., Toronto,

serial trust debentures to

year

'

(687)

depre¬

the

1949—3 Mos.—1948

revenues—

Operation :■•/' V" ■;/' '?■
/

Co., Ltd.-—Debentures Approved

July 28

on

•

Circular

Maintenance

(anadian Ice Machine

for

reserves

the

See

100,000

„,

590.

P.

CHRONICLE

interest

Thomas & Company

170,

FINANCIAL

Chris-

Company

.

&

Descriptive
Financing Planned—

Amount

Writer &

tensen, Inc.

150,000

data

purchasers,

are

COMMERCIAL

liabilities, $5,494,413; deferred credits, $237,844;
ciation, etc.-$14,953,509; total, $65,422,341.

The Robinson-Humphrey

250,000

Mullaney, Weils & Co
250,000
Otis & CO
-1—- 1,000,000
further

and

company,

Peters,

.$4,750,000

_

Dempsey & Company—.
& Marshall

principal

Name—

''

CP.'#'V -JX

Foster

also

indebtedness

of

purchased by each

Amount

Name—

Inc.

payment

several

the

with

1979

the

of

names

affiliated

is

Halsey,. Stuart &

See

the

program.

UNDERWRITERS—The
none

to

and

program

THE

and advertisements must be made In New York funds.

4

THE

(688)
Coleman Co., Inc.—Omits Common Dividend—
The

directors

on

Aug.

16

53 Ya cents per slmre on the
of record Aug. 26, but took
of

dividend

a

each

cents

laft.—V.

the

on

the

on

the

action

no

this

time

stock

common

income

Other

FINANCIAL

CHRONICLE

Engineering-Superheater, Inc.

from

income

operations

less

deductlons-

Income

Connecticut Railway & Lighting Co.—Earnings—

1949

Period End. June 30—

Operating

*$5,027,046

———

Monday, August 22, 1949

Subs.)

(&

for

Total

2311.

__J—

Provision

for

-

U.

S.

Federal,

State and

foreign taxes

inc.

on

Federal

$5,231,634

———

—

Other

2,296,776

Consolidated

Colgate-Palmolive-Peet Co.—Quarterly Report—
6 Months Ended June 30—

sales

Cost

"After

Gross
profit +,
Operating expenses,
for

•'

'

Net

income

40,060,017
32,698,939

etc.

Income

taxes

P

•

—;

from

domestic

33,873,711
28,652,306
1,939,041

2,827,417

.

-

'

'

'

' '

No.

Prov.

776,828

foreign subsidiaries...—.
'less

taxes

credits

721,208

12,025

inc.

25,000

was

foreign

for

paid)

Net Income

"Total

fron

in

for

res.

transferred

•Earned

per

^Earned

inventory
earned

to

World-wide

oales

the

for

first

with $151,957,927

compared

.-

.

half

the

in

1949

of

first

half

1948.

of

six

months

Domestic

sales

1949

of

6

July
July

the

—V.

170,

The

income

net

tories

and

the preceding year.

of

$5,298,464

commihnent;

is

cost

to

write

the

after

market

or

of all

down

lower

whichever

inven¬

pound

a

The

at

June

June

$

U.

Government

S.

Accounts

ecrities,

receivable,

Inventories

less

at

cost

7,200,000

15,109,500

1,699,029

7,521,845
595,304

7,383,965

32,736,709

30,628,584

2,812,500

3,000,000

4,000,000

subsidiaries

Miscellaneous

1

investments

Property, plant and equipment
Goodwill, trade-marks, etc...

(net)
—

the

be

373,143

shares

106,274,122

...

annual

liability

securities

to

1949,

$3,50

preferred

for

V

taxes—1948,

$4 001.900)

liabilities

Common

deducting U. S. Govt.

liability

and

Reserve for inventory

14,244,172

4,373,127

dccl'ne

2,100.000

stock
(125 000 shares, no
par)
(1,997.910 shrres, no par)..

12,500,000

12,500,000
24,973,950
3,002,993

45,087,721

•

—V.

169,

,

'

*

"

'

incl.

other

inc..,

Depreciation
notes

on

Other
Fed.

deductions

&

Com.

State

r

\

,

'

inc.

255,000

t?252.R56
562,800

$366,014
562,800

Nil

$0.65

share.

com.

182,000

*13,557
721^000 f

$243,646

$1,070,710
562,800

562,800
$0.43

*$1.85

Deferred

requirements

preferred

on

stock

then

outstanding.

May 28' 1949- the company's earned
surplus aggregated
$13553,331, as compared with
$13,946,887, at Feb. 26, 1949, the end
cf the
company's previous fiscal year.
Canadian

Subsidiary,

Collins

profIt after taxes of

A0a

May 28, 1949.—V. 170,

&

Aikman

of

Canada,

Ltd.,

$92,009 for the three months

Colon Development Co.,

Ltd.—Stockholders

$6 per Share—
New

York

re-

ended

with

informed

was

shares

at

today that the

Anglo-Saxon Petroleum

$6

mu°t

shares

execute

by

the

with

Colon

of

of

provisions

of Clauses

Clause

6.

6

if

and

at

Co.,

to

it

St.,

in

be

in

90%

of

give

notice

An8lo-Saxon

obligation

Athefeby be terminated

that Anglo-Saxon
to

the

will

shareholders,

company

S"ded

64,883

announces

I

does

not

shareholders

ordinary

within

shares

three

weeks

that the purchase

its

liability

acceptances

cost,

to

and

through

have

affected

affected,
by

public

of

shares

either
share

Irving

to

production

$494,988

for

party
certifi¬

Trust

five

Co.

weeks

compared
with
1949, and 347,945
p 103.

170,

'

etc..

July 23,'48

a

and

program

amounted




_•

1,932,104
64,597,681

_„l___„____L_:„$4b0,500,943

holders

will

assets,

has

and

its

the

the

receive

0.55

receiving

District
of

this

of

Corp.
to

of

Central

Illinois

share

of

quartely

through

public

stock

paid
the

Common¬

has heretofore been

and

the

the

shares

common

in

35,000

kilowatt
East

year

of

for

the

on

this

the

New

off

pay

time

Stock

1949

were

the

at

stock

annual

have

the

at

stock

common

of

outstanding

rate

been

rate
of

paid

had ^ operation

—v.

capacity

Peoria. this

on

that

in

temporary

$2.20

Conde Nast Publications

Net

before

earns,

sixth

a

order

bank

into

went

and

year,
unit

of

service

V.

.

to

finance

loans

which

its
at

construction

July 31

1949

Inc.—Earnings—
1948

1947

$2 825 OOo

939,936

1,475,033

l'595'ooo

J$0.86

t$0.93

*$1.47

*$1.59

1,005,894 shares outstanding on June 30.
tBased
outstanding.
iBased on 1,004,582 shares

July 23,'48

share
the

375 stores,

com¬

the

capital

held

as

transfer

is

will

of

vote

stock

issued

as

record

Sept.

from
a

on

Sept.

8

cn

to

dividend

17. .The

proposal

a

$3,000,000

stock

as

to

$6,000,000,
of

Increase

Oct.

improve,

June

to

30
■- v.+

■

,.

July 31—

1949—Month—1948

$1,619,329

1949—6 Mos.—1948

$2,049,049 $17,539,807 $18,256,706

Michigan
by

the

increase

of

p!an
the

pointed

of

of

and
in

has

Saginaw
July

on

$1,161,000

that

that

out

dissolution,

fact

denied

in

had

1

rehearing

a

rate

gas

of

case

the

granted

com¬

supplementing

revenues,

gas

this

because

rate

approximately
held

stock

common

Commission

Lansing

Commission

the

$1,800,000 granted earlier
in the year.
New rates
the $1,161,000 increase become effective immediately.

accomplish
was

Service

of

The

increase

an

It

Public

Cities

company.

by

Commonwealth

to

Southern

&

is significant in view of the
shares of Consumers Power Co.

increase

4,000.000

will

Commonwealth

stockholders

preferred

the

of

about

be

Oct.'

distributed

1

in

£0

Com¬

accordance

with

the

plan.
Consumers Power also has before the Michigan Commission
application for $6,600,000 in an electric rate increase.—V. 170, p. 492.

Container

Corp. of America

Period End. June 30—

Net

profit

income

taxes

Prov. for

Net

1949—6 Mos.—1948

inc.

$3,392,169

$5,822,367

$6,799,959

1,002,435

1,289,088

2.212,527

2,584,048

$1,635,527

Fed.

per

Subs.)—Earnings—

$2,637,962

$2,103,081

$3,609,840

$4,215,911

$1.56

$2.02

$3.45

$4.05

taxes

profit

Earns,

(&

1949—3 Mos.—1948

Federal

bef.

share_

com.

CONSOLIDATED

will

quarter,

BALANCE

'

ASSETS—

June 30,'49 Dec. 31,'48

Cash
U.

SHEET

$7,602,004

—

S.

securities—

Govt,

and

Inventories
Cash

—

U. S. Govt, securs.

&

Investments

and

$7,521,586

6,775,369

set

advances:

8,630,364

2,025,204

for improv.

aside

4,918,005

7,230,732

—

2,236,451

5,199,364

receivable

notes

4,350,000

;;

Foreign subsidiaries not consolidated

950,000

950,000

—_

323,932

4,164,877

4,050,794

55,571,056

52,725,650

24,902,036

23,728,028

1,196,996

1,188,846

1

-

182,206

.+

—

1

Land

Buildings,
Reserves

machinery,

for

and

depreciation

Deferred

and

(Cr)—

—

charges

Goodwill

equipment

patents

$65,995,773 $63,167,601

.Jl

LIABILITIES—

Accounts

payable

$1,376,579
2,025,731

-—

Accrued

wages and other liabilities————

Reserve

for

Dividends payable
Reserve

for

cline

Preferred

Common

other

841,046

98,900

future inventory price de¬
contingencies.

1,110,522

1,110,522"
10,000,000

stock

10,000,000
19,809,480

—

stock

______x———-x—++-

Paid-in

2,548,978

——-~i

possible

and

$1,910,061

2,026,327

adjustments

surplus

surplus

19,809,480

3,829,851
;

stock

in

treasury

(Br)

3,829,851

25,146,695

23,962,511

170,458

—

102,702

—

Total

$65,995,773 $63,167,601

NOTES—Sales

compared

1948,

decrease

a

Working

be

as compared

one

each

effected

with 50

the present outstanding stock.—V. 167, p. 2359.

An

since

months

$65,063,188

ended

for

the

June

30,

1949

corresponding

were

$55,-

period

ia

14.9%.

increased
first

the

of

six

with

of

capital

amount

the

for

of

$1,789,319
the

and

earned

surplus

increased

year

has been set up as a reserve for adjust¬
portion of this amount is represented by a reserve
for maintenance which will be expended in the last six months of
the
ments. A

$2,026,327

substantial

the

$10,

1949 for

of

rate of 25 cents per share each
on

$6 325,155

year

increase
par

3.

$3,000,000 from surplus to capital account.
anticipated that dividends on the increased stock will

quarterly

$5,353,739

1

$1,184,184

to be

436,486

104 and 301.

362,920

1,005 outstanding.—

'

1880.-

stockholders

$5,888,668

1946

863,489

share

$5,353,739

—

-

741,

p.

Preferred

Connecticut General Life Insurance
Co.—To Increase
Capitalization—To Pay Stock Dividend of 100%

r.ew

500,000

securities

kilowatt

earnings after taxes

369, p.

x

inventories

cf

construction

60,000

$2,240,033

on

3,655,000

at

$1,546,936

shares

value

in

profit

Earned

1949

share—

551,111

2,071,993

3,475,000

—

investment

of

capital

on

170, p.

this

miles, including

$1,465,489

com.

$12,666,773

2,142,568

Consumers Power Co.—Gas Rate Increased—

and

taxes

Earns, per

32,247

$11,472,573

Other

customers

be

6 Mos. Ended June 30—

1948

$11,470,701 $12,634,526
1,872

-

net

168,

The

regularly

is

Net

1949

payable

Accounts

$2,005,000, approximately $4,500,000 additional cash will
provided before the end of 1950.
To the extent neces¬
proposed
to
issue
additional
securities of
a
type
not
yet determined.
'.V
7
[See also Central Illinois
Light Co. above.]—V. 170, p. 591.
to

it

for

Under¬

1449.

1,282,707

dissolu¬

first
York

for operation in 1952.
Interconnections with other
operation
for
emergency
power,
and
for
supple¬
the DeKalb-Sycamore division.

estimates

p.

Subs.)—Earnings—

—

taxes

decline

held

fifth

at

covering

share

Delaware.

company

list

to

this

169,

11

per

company.

2,068,892

an

Illinois Light
Oct.
1
in

approved by the Securities and
enforcement
ordered
by the United

Southern

station

Y.—V.

N.

Aug.

on

$11.75
the

2,115,165

about

share

each

for

800,000

of

at

of

1,252,500

been

available

on

York,

New

Co.,

the SEC

offered

President

1,282,816

146,253,000
18,704,791

to

have

It

170, p. 591.

94,196,585
74.81G.782

dissolution

stock

later

in

supply

the

of

1,876,298

28,383,611
4,351,922

miscellaneous

plan

being

unit

company

The

July 30,'49

Balance

.$400,500,943

villages.

are

mental

week

Sinking fund requirements lor six months

11,924,556

—

—_

scheduled

systems

672,700,000

to

same

592.

501,266

sales

from

Period End.

generating
capacitv
totals
185.000
kilowatts
in
steam
Peoria,
East
Peoria, Springfield and DeKalb.
A

started

authorized
—30 Weeks Ended—

-

/M.1949' th0 r,?mpa"y
year earlier.—V.

pared with 485

be

elec¬

Consolidated Retail Stores, Inc.—July Sales—

--Ir'■*"-"%>"A'?■"
May#l2 said ifp part:

&

&

profit

Profit

the

barrels,

"$11,730359 $12,288,418-$94,845,198
$95,378,047
figure.

on

Wallace

"Based

the

4

5'—

S.

capacity,

582

weeks ended June
27,
weeks ended
May 31, 1949.—V.

July 30.'49
-j* Corrected

R.

will

announces that the purchase
buy and that of shareholders

4 Weeks Ended—-

r*r

Co.,

surplus

made

Fox

future

CONSUMERS POWER CO.
1949

other

made

are

turbine

The

Trust

Colonial Stores, Inc.—Corrected
Sales—

*

the

Higher Rate—

a

that

to

all

without

}' for tbe 'our
1943 amounted

barrels

barrels for the four

all

without

return

Production Reported at
The

the

,L°ndcn and New York

n-mla«UAe be provides, tbaA 5f
i!
not
completed its

-

number, of

steam

offer.

of

Irving

completed.

will

cates

notice

and

at

the

.p.

-

for

Net

will

at

on

Dividends

Electric

amounted

in

170,

with
be

to

Hirschfield,

income

30,

square

stations

week
ft.

cu.

file;d

was

stock

common

Norman

Prov.

applicable to the

Light
Co.
serves
92,710
electric
71,564 gas customers in an area of
nearly 2,000

to

deliver

share

1949,

quarterly

years."
Central
Illinois
cities

of

basis

to

for

being

dividends

share.

Inc.—-Output—-

distribution

Commonwealth

27

sary

•/.nglo-8axon Petroleum may
not

the

28,

being

share

per

per

and paying agent, One Wall

their

of

7

Sept.

acceptances from at least 75%
and together
holding at least

lUS?
except

W

Exchange on or about Oct. 1, 1949.
"Earnings for 12 months ending July 31,

for

nominee,

and

Court

is

717,700,000

for

of Central Illinois

paid

30, 1949,
$2.48 per share.

or

Storage

of

.

common

is

an

Development ^desiring
acceptance

Plan

Commonwealth

plan

Anglo-

certificates, according to
^ e» no,tic® states that the price payable for each share
transferred to Anglo-Saxon
under the offer is to be
paid through
Irving Trust Co. not later than Oct.
31, 1949, or within two weeks
acceptance of the offer, whichever
date is later, subject to the

will

being

are

ending June

preferred

Commission

of

The

tion

79

form

a

vJSS^f vrus.fc Co-» depositary
York, N.
together

its

or

share.

per

„of the ordinary
accept the offer
Y.,

Offered

Ltd.
has
mailed
from London,
England,
the ordinary shares
of The Colon Development

td-' B°t already held by

of

1'

addition

District

the same

in

gas

decrease of 6.3%.—V.

Sales

and

Commonwealth

Exchange

and

Exchange

Co-

holders of

acquire Colon

New

share

Co.,
the

on

liabilties

the

preferred..

States

that local

announced

depreciation

Dividend

_•

Longley's letter

$3.02

Curb

leum
offer to

Power

stockholders

each

assets

earned

Commonwealth

Application

The

for

of common stock

'

"The

of

for

approximately

Consumers

preferred

Stockholders Also Get Central Illinois
Light Co. Data

wealth

17

Provision

describing the

The preferred stockholders of Commonwealth are also
Information letter from J. A.
Longlry, President of Central

"All

492.

p.

and

accrued

in

$80,237

interest

pany

credits

common

$94,360

notification
of

F.

P.

monwealth

of

^

of

folder

dissolution,

of

stock

AT JUNE

Total

Mr.

**

plan

debt

accordance

$93,600

Provision

-

Michigan Gas

Rcserves^—depreciation

Co.

depletion of

Total
Bond

on Aug.
12
Commonwealth

Stock

Current and

"III—

loss.

The

months

$11,290,955,

accrued

stock

$32,600

Profit from operat'ons
Income
from
investments

asked

term

$177,300

Consolidated Paper Corp. Ltd. (&

Co.,

The

—_

J'

"I~_"

Crl35,000

per

Long

20,50a

$135,800

Expend,

12

were

in

24,100

6 Months Ended June 30—

share.

f

Sub.)—Earnings—

15.272^'.:

.i.—,

divIdend
tNet

of

of

shares

writer:

LIABILITIES—

May 28, '49 May 29, '48 May 31, '47 May 31, '46
01,655
$806,809
$573,014
$1,941,782
197.804
185,795
147,368
' 136,515
73,125
'

taxes

Earns,

stockholders

.1.

Preferred

(&

profit
shs.
outstdg..—

Net

Power

41,105,923

(Excluding Canadian Subsidiary)
Quarter Ended—

Int.

Consumers

debits

Common

1

m

"Collins & Aikman Corp.

Profit,

of

common

per

,

Current and

1,158,000

4,800

,

130,500

with

a

account of

$355,840,854

Investment

Deferred

compared

letter

1,600
the

—V.

2101.

p.

n»♦"..]!*"'

i

$2

ASSETS—

106,274,122 102,644,884

—

ft.,

A

Consumers Power Co. Data—

CONDENSED BALANCE SHEET

•

1,546,700

14,300

—0.4

common

AS
.

distribution

Local

217,132,000

Total

Tofcal

% Change

3.000,000

24,973.950

Capital surplus
Earned surplus

1948

+3.2

common

13,688,391

4,335,286

reserves

price

3,002,993

stock

stock

ccmmon

(affr

equal

$3,300,000;

-

Deferred

the

Earnings for the

LIABILITIES—
Current

1947

$1,235,200

107,000

Aug.

on

preceding year,

Commonwealth's

Consumers

of

1948

$1,859,200

taxes

company

cu.

preferred

Consumers

on

rate

1949

1,464,600

Consolidated Edison Co. of New York,

+1.5

preferred, in addition to 0.55 share
Light Co., and $1 in cash.

102,644,884

Corp.—Earnings—

169, p. 1880.

+4.5

Commonwealth

of

to

2.80 shares of

Dividends
Total

the

distributed

of

168,278
$451,657

—

208,969,000
214.710,000

President

16,000

to

53,530

$401,788

Consolidated Gas Utilities Corp.—Files With SEC—

Whiting,

Pursuant

Investments—

Foreign

to

23,967
$246,673

profit

216,098,000

Southern Corp. a "get-acquainted" letter and
property and business of Consumers Power Co.

28,773,243

2,037,933

;

income

i 12,157,000

&

12,148,473

20,978,809

reserve

__

Prepaid expenses

mailed

24,676

tricity for the week ended Aug. 14, 1949, amounted to 203,900,000
kwh., compared with 186,700,000 kwh. for the corresponding week of
last year, an increase of 9.2%.

591.

R.

$283,279

$1,721,700

216,364,000
p.

97,081
378,003

$230,731

221,473,000

Justin

11,438,447

6,500,000

_

$619,935

225,866,000
—

Stockholders Receive

$

17,931,522

$455,318

"Includes deprec. and

—V.

this

30, '49 Dec. 31, '48

ASSETS—

Net

2101.

p.

weekly kilowatt hour output of electric energy of subsidiaiies
corporation adjusted to show general business conditions of
territory served for the week ended Aug. 11, 1949, amounted to 319,335,123 as compared with 309,115,849 for the
corresponding week in
1948, an increase of 10.219,274 or 3.31%.

COMPARATIVE BALANCE SHEET

Cash

169,

Tne

of

$270,641

282,772

with provision

compares

Commonwealth & Southern Corp.—Weekly Output—

,

336,656

$255,408

-

deductions

Federal

corporation had net assets of $7,114,600 as at July 31, 1949.
outstanding were up 31% during the first seven months of
1949, with July the biggest month in sales in history.—V. 169, p. 1988.

for

reserve

338,888

and expenses
deductions 'net)

Other

This

10 cents a pound at December 31,
1948 and 6
30, 1949.
<
inventory price decline was reduced $900,000 at
June 30, 1949 through a transfer to earned surplus, leaving a balance
in the reserve of $2,100,000.
At June 30, 1948, the reserve for in¬
ventory price decline was reduced $1,250,000.
cents

$116,430

168,944

sales

"Costs

1949

Shares

approximately

was

of

quarter

Commonwealth Investment Co.—Net Assets—

to coat of sales.
In addition income has been
charged with a provision for payments in connection with the re¬
duction in soap selling prices announced July 16, 1949.
The market
price of tallow, the principal raw material used by the company,

$101,697

169,308

6 Months Ended June 30—

June

at

by a charge

1949

which

1949

23

share in

per

second

corresponding period of 1948.—V.

30

SI.88

the

for

taxes

$891,200,

was

13

20,

,

income

Week Ended—

Aug.

$86,100

net—

income

The

Aug.

195,239

273,734

169, p. 1983.

Net

Following are the kilowatt-hour output totals of the past four weeks
and percentage comparisons with 1948:
;

$103,640,582, or $8,157,715 lower than last year largely the result
selling price reductions. Foreign sales of $43,225,313 compare with
in 1343.
Net income for the six months was $5,298,464
$2.54 per
v
4
o* "cmmon
tork.
This compares with $3,978,572

or

i

$1.22

2,636,878

ago.

as

or

„

$3,213,582

$0.59

$2.51

were

/i

$1,563,757
2,636,878

$0.46

$1.83'

:

540,159,630

of

I

$1,200,101
2,636,878

$0.26

Commonwealth Edison Co.—Weekly Output—

5,228,572

182,021

Consolidated Cement

Electricity output of Commonwealth Edison Co. ana associated com¬
panies, excluding sales to other electric utilities for the week ended
Aug. 13, showed a 4.5% increase over tne corresponding week a year

$146,865,895

were

—V.

1949f-6 Mos.—1948

2,636,878

Federal

$2,140,800 for

1,250,000

6,198,464
$2.54
$2.99

surplus—'&—^

------—

Net

$446,800 which compares with provision of $791,000 for the corre¬
1948.
Provision for Federal income taxes for the

first

696,208
3,978,572

900,000

decline—

price

<mare

share

per

764,803
5,298,464

foreijn dividends.—
for period..

income

net

tTotal

$701,800

for

taxes

income

Income

2101.

p.

Corp.—Earnings—

share

per

51,912

4,828,865

;

chgs.

shares

com.

47,006

income,

Gross

$2.98

—

1949—3 Mos.—1948

taxes

taxes__

$2,873,496

sponding quarter of
of

Reduction

of

"Provision

income from

for

taxes

after

taxes

Earned

Foreign—
Dividend

profit

and

3,282,364

4,533,661

operation

Solvents

Period End. June 30—
"Net

shares net outstdg.R

(965,441

104,750

local

Net oper.

61,362

—-—

—.———

deducting depreciation provision of $399,571.—V. 169,

Commercial

Provision

stockholders

57,572

income

&

Other

—

sales

Of

minority

to

earnings
•;
Earnings per share

139,874

depreciation—

$2,934,858

———

Net

•*.-*!.
103,640,582 111,798,297
.L
63,580,565
77,924,586

■.*

applicable

—

:;

•-:r<-'--'V•/>

Domestic—

Net

Earnings

1948

1949

earnings

77,820

$5,744,042
4,832,522
201,280
81,762
93,239
368,807

$2,836,352

& maint

Federal

S,ate
-

$6,143,737

$3,090,639
2,497,166

revenue

exps.

Prov,

1949—12 Mos.—1948

1949—6 Mos.—1948

2,385,231

revenue

Oper.

204,588

35

June 3,

March 5 and

on

of

distributions

Quarterly

Net

the declaration

on

&

CONSOLIDATED INCOME STATEMENT 6 MOS. ENDED JUNE 30,

quarterly

usual

at

stock.

common

m~de

were

169, p.

Combustion

<

dividend of
preferred stock, payable Sept. 12 to holder?
declared

COMMERCIAL

by
.

be/at
cents

Unit Increases Facilities—
This

corporation

California
and

Jason

will

has

Container

equipment

of

continue

at its present

announced

Corp.,

the
to

has

that

leased

Bemis-Jason
manufacture

its

the

wholly owned subsidiary,
folding carton machinery

Co.,

San

Francisco,

its

line

of

location.—V. 169, p. 2641.

Calif.

corrugated

Bemis-

specialties

Continental Baking Co. (&

-

and

Net

70,061,249

73,018,653

68,833,594

$4,254,077

incl. degree.™

expenses,

profit

Other

$5,311,958

75,217

202,553

132,743

$4,329,294

income

$5,514,511

225,645

218,296

Interest, amort. & prem. on debs.__
Provision

Federal

for

Amortization

of

transf.

Balance

income

Common shares

Earnings

537,714

537,714

$2,539,643
697,331
537,714

1,075,429

,—_

share_______.

Loans

banks

and

Sundry
Plant

at

Dec. 25, '48

$8,368,165

1,450,832
211,456

cost

Total

(less

52,496

depreciation)

$1,566,053
deductions for

savings

$2,208,173

386,375
693,670

interest

sundry

taxes

10,403

payable

Dividend

and

preferred

on

stock-.--

within

one

3%

of

amount

guaranty deposits
20-year 3 'k sinking fund debentures
stock

(1,075,429

347,929
14,884,000

14,750,000

(253,575 shs.

shares

no

25,357,500
1,000,000
9,145,331

no par)

par)

Earned surplus

per

<

sidiaries.

1830.

p.

Steel Corp.

Disct.

1049—3 Mos.—1948

1949—12 Mos.—1948

other

\vtut.ci'

$1.68

i

for

taxes

$7,137,174 $29,859,246 $27,938,595

18,303

common

' 94,440

28,063

96,803

sales

Cost

sub¬

Total

sales of
W.

Total

of

revs,
credits

Special Offering—A
5% convertible pre¬

Other

and

6,441.743

Net

for

335.412

123,377

517,536

2i6,000

295,000

1,319,000

899,000

Fed.

tax

inc.

26,312,816

6.340,606

has

also

appointed

been

parent firm.

Trent

He

also

was

Tube

charge

of

Co.

Troy, Wis.,
in charge of

elected

-$304,492

•Before net
12

months

adjustment of $93,773 for three month-, and $385,050 for

to bring

inventories in line with Current market prices.

CONSOLIDATED

BALANCE

ASSETS—Cash in banks and

,

securities—at

ernment

receivable,
ment

of

director

the

ret

SHEET

accrued

inventories,

aside

for

30,

additions

United

equipment

of

deferred

States

ox

will

make

a.so

his

(less

reserve

charges,

The

stocknoiders

authorized

They

headquarters

in

Pittsburgh.—V.

169,

will

to

on

3b

Aug.

stock

capital

consider

also

repurchase

wi.i

from

vote

amending

capital

stock

shares

tne

at

proposal

a

on

300,000

Delaware & Hudson Co.
(Includes The

Hudson

Period End. June 30—

Total

stock

held

in

p.

earned surplus, $8,237,857; cost of common

2749.

169.

treasury

(253

shares),

Dr$3,835;

revenues

S.

income

cnarter

permit

to

higher

price

a

and

Co.

its

the

than

deductions

Earnings

per
p.

com¬

169,

Nut

y24,b59

622,528

7,807

letter

Net

sales

$16,100,413

costs,

and

$17,491,441 $13,011,100

sell., gen. &

admin,

/

-

619,969

1,115,783

664,401

1,286,222

1,316,323

877,515

1,551,064

1,773,430

—V.

1,188,265

for

Plans

14,001,191

14,828,477

Prov. for inc. taxes (est.)

840,000

1,085,000

730,000

charges

4,325.366
204.51P,

prov.

—

oper.

12 Mos.—1348

1949-

next

other

Gross

2,401,266

4,816 960

4,734,061

2,540,571

556.604

499,052

4,784 ,591
1,144 ,241

4,319,301
1,017,106

793,783

€83,508

1,537 309
1,856 ,296
335 ,778

1,326,147

492 ,411

456,866

1,017,511

150,968

243,715

taxes—

r

754,089 i

175.668

228,228

■

$1,932,190

income

■

$1,434,046

43,874

income

income

175,000

Balance surplus

.

per

$1,084,222

$1,402,964

$963,766

$2.59

$3.35

$2.20

share_

com.

preferred dividend jequ'.rements and ba.ed on

101,113

$3,768,699

BALANCE

JUNE

SHEET,

ASSETS—
Cash

$1,098,029

$2,971,223

p.

172,500

345,000

$925,529

$2,626,228

1,385.120

1,162,600

1,395,120

$0.80

$1.88

$0.13

1949—3 Mos.—1948

alter charges

:

per

1949

sales

and

of

'.'

186,029

Inventory

7,566,873

$0.64

V

$0.15

other

and

assets

457,849

430,799

4,120,340

3,385,246

92,155

equipment—less depreciation

insurance,

$6,610,935

$6,958,698 $15,222,669 $14,897,074
4,729,430

398,467

377,809

$20,274,411 $17,937,025

LIABILITIES—

'

Other

$1,067,379

$754,384

postwar adju ts.

&

other

1,987,000

1,445,692

contingencies

stock

preference

2,238.513

1,600,000

2,024,000

759,758

$3,165,237

11,219

67,752

195,436

$3,232,989

7,221

$1,862,678
10,083

$4,022,651
30,508

419,000

703,550

1,218,000

1,494,100

$698,€01

$1,149,045

$2,001,373

106,064

44,357

212,128

$2,498,042
88,714

$0.78

$1.28

$2.23

$2.79

1,975,775

790,311

3,254,419

.

1,866,608
5,598.538

6,781,614

(est.)

profit

$3,827,215

for

depreciation
share

per

Advancement
announced

sale3.
Earl

J.

Mills,
sales
of

affecting

W.

two

17

key

by

of

Manager

the

the

to

Other

from,

operation.

income

1949

: j

.

$9,562,143

.

1,318,852

_________

,

'

1943

.1947
$6,146,046 $16,124,972
,

,

.

1,714,686 >

1,765,163

•

-1946

$2,275,189

1,302,898

•

.

Total

Taxes,

income

excl.

of

,

Net

P-eferred
Common

Com.

of

•For

$3,578,086

480,557

369,823

taxes

■

3,188,000

1,680,000

7,536,000

.1,179,000

1,080,000

900,000

810.000

_

' $5,671,140
net

dividends

per

$4,600,492

'750,000

-

this

company

in

was

charge

of

2lh

for

has

years,

Southwest

sales

Diamond

at

its

appointed
as
which embraces

been

district,

and Kansas.

of Illinois,
Nebraska.

area

and

Diamond
the

company's

the

in' the

Indiana,

economic

branch

long-established

$14,500,000

and

in

be

used

Mr.

in

■

Mr.

operation

available

combine

ammonia.

100

.

1350.

it

late

from

with

the

nitrogen

described

Doan

production

the

ammonia

of

indicated

13

York

.

Kaufman

H.

other

American

it

would

City

Act

in

a

President

of

Dow

Export

alkali

worldwide

Co.,

American

manufacturers

has

our

to

said

were

that

over

Association has

a

within

period

the

of

United

20

regularly reported its

Congress
in

FTC

the

the

Doan

the

S.

U.

asso¬

States."

the U. S. Alkali
activities to the Federal
years

no

objection

to

the

U.

S.

association's

added.

of

Judge Kaufman is allowed to stand, we feel
Webb-Pomerene
Act
will
be
defeated."—

of

purpose

the

493.

p.

Export

Webb-Pom¬

;•

had

apparently

decision

the

170,

world

Alkali

the

expressly ... permitted by
not prohibited.
We have denied that

and

"./V.-"
by

compete

that

position

■

the

violated

statement

a

passed

was

always

activities

in

'■

-

Act

held

last

handlers

cartel.

Chemical

Trade

been

decision

anti-trust

of

before

week

enable

It

the

it

""

the

British

and

appeal

convicting

•'f'1'

Commission.

"If

V.

The

/

life-of

this

Laboratories,

DuMont

■;

Inc.—Writ

New

York

Against

i

State

removed a tem¬
porary
injunction barring Macy's, New York, from advertising and
selling DuMont television sets—pending a final decision on Aug. 24.
Until Aug. 24 Macy's will be prohibited from advertising that it is

•

"an

authorized

The

Supreme

DuMont

temporary

dealer

Court

on

Aug.

17

distributor."

or

restraining
Macy
from
merchandising the
originally granted by Justice Samuel Dickstein
on
Aug. 3.
At that time DuMont filed a complaint charging Macy's
with malicious
injury to its business by cutting prices on television
sets more than authorized by DuMont.
The firm then sought to bar
Macy's permanently from selling its line of television sets.
On Aug.
17, Justice Henry Clay Greenberg vacated Justice Dickstein's temporary order but
said his decision on the question of a
permanent injunction would not be given until Aug. 24. Either party
may

sets

had

bring the

Macy's

has

order

been

issue
filed

to trial after the decision on that date.
affidavits' charging DuMont with violation

Anti-Trust

Sherman

on

this

and

will

have

all

of

of

the

Donnelly New York State Anti-Trust Acts.
far
reaching effects on the
dealer and
industry.—V.

170,

204.

p.

('new

Cent Common Dividend—

Iowa,

Michigan,

frontier',

as

reflected

directors

;

:

of 65 cents
per share on the present outstanding common stock, payable Sept. 14
to holders of
record Aug. 22.
TM
is e irlvale t to $2.60 per share
on
the. old common stock outstanding prior to the four-for-one stock
split-up on June 15.
Interim payments of $2.50 each were made 'on
the old
stock
on
March
14
and June
14,
this year.
In 1948, the
company
paid three interim dividends of $2 each and a year-end
dividend of $3.75—V.
170, p. 592.
-

sales

on

Aug.

15

Eastern Gas & Fuel

declared

for income

Depreciation, and
Interest

and

v

/

*

1949

—

'
-

■

■

|
1948

-

$19,558,922
.—»—_—5,707,127
3,867,860

income.—_ $22,965,466

consolidated

Provision

interim dividend

Associates—Earnings—»

,12 Months Ended June 30—
Total

an

taxes-_____.

discount

——

-

5,738,655
1,951,287

5,327,424

$9,568,397

dep!etion____—_—...——;—_

debt

$8,516,078

1,847,560

by

chlorine — caustic soda plant
at Houston,-Texas, and has stepped-up sodium silicate output at the
Dallas plant," has prompted Diamond to "expand as well as unify its
-sales- activities
and
service- efforts
to
better
serve
Southwestern
industrial
users
of basic alkalies, silicates, chlorine,
and their spe¬
company's

will

hydrogen

there

process

New

Anti-Trust

Doan

The

of carload sales at Chicago since 1947,
complete charge of Diamond sales activities

seven-state

Wisconsin

plant

1,

Net

electrolytic

Divid.

income

requirements

Bal.

applic. to 6%
Earned per share of
*

-

on

':4Vz%i prior pref.'stock

preferred stock
6% preferred stock

1,108,727

1,108.729

$8,459 670

$7,407,349

$22.61

$19.80

900,000

inc._

•

$8,973,578
860,055

$1,219,257

860,055

860,055

4,545,871

.4,545,874r

3,783,231

3,233,133

outstandi-

2,525,487

2,525,487

2.525,487

2,525,487

share__i_

$1.43

$1.43

$3.21

$0.14

___

dividends

shares

Earnings

$17,890,135

500,240

__

profit

•Approp.

$7,860,731

621,855

Federal-

Federal income

Depreciation

$10,880,995

'! 1,400,000

_______

of

Vice-President

immediately.
less-carload sales

operations
at- Wichita.
Kans.; Oklahoma City, Ok la./ and Houston and Dallas.
Tex., creation of this Southwest sales district and Mr. Mills' appoint?
ment as Manager, together comprise a move designed to "expand and
coordinate
Diamond's- existing
sales activities
and
service facilities
throughout the Southwest/'- Mr. Frayley said.
He also
pointed out that "the steadily increasing participation by
Enlarging

(INCLUDING, SUBSIDIARY SALES COMPANIES)
6 Mos. End. June 30—

Fraley,

Manager
take

approximately
Jan.

(E. I.) du Pont de Nemours & Co. (Inc.)—Declares 65-

executives

W.

past

Texas, Oklahoma

Klaus,

of

about

Sales & Service Facil¬

effective

company's

named

Minnesota,

Refining Co.—Earnings—

sales

Fred

are

office

the

states of

Charles
been

of

changes

'

Profits

in

Samuel

15

Doan,

to

Act

Action

Aug.

on

These

Chicago
the

r,

Aug.

distributor structure

has

Corn Products

13,616

169, p. 2417.

Diamond Alkali Co.—Expands
ities—Advances Two Officials—

$20,274,441 .$17,937,025
396.

p.

—_

inc.

on

Manager

Dr25,7l6

;

Total

•

$1,124,823

deductions

Earnings

2,585,50o

stock

surplus

Earned surplus

♦

10,310,101

$1,450,573

3,884,219

_•

debt

Treasury stock

!4

11,263,858
793,573

$1,851,458

57,443

income.

Fed. taxes

—V.

Trade accounts payable
Other liabilities

170,

I.

DuMont

Total

Prov.

Total
'

'

1949—6 Mos.—1948

1949—3 Mos.—1948

commis¬

S4.576

etc

'

—V.

plant

anhydrous

Haber-Bosch

and

1918

that

;

profit

st?rt

to

§ Macy's Lifted—

5,145,088

Net

Capital

form

(Allen B.)

income

capacity

a

at Freeport,

Dsaii, President,
optimism toward

$1.31

sold—

6,999,041

Prior

the

practices," Mr.

1,265,160

exps._

Gross

plant

company's

.V'.'

Mr.-

1949—6 Mos.—1948

products

Other

ammonia

Leland 'I.

anticipated the
plant
wi.l
utilize

ciation's activities restrain trade

$4,410,359 $12,227,345
'y"

$6,173,081

-

$0.10

earned

$3.30

at

of the
Co., Los Angeles, Calif.

by

is

Webb-Pomerene

"The

4,537,624

Common

have

expected

chlorine

to

Association's

1TO, p. 203.

sions

1948

$2,489,739

Investments

in

$1.54

30

5,605,339

s.

for

it

Judge

firm

"The

1,162,600
•V

616,816

share-

com.

covering

ofiered

President

this

15
of

-

Leland

$1,792,718

110,825

Period End. June 30—
Net

shares

$2,431,855

Res.

will

is

company on
Federal
court

Export

taxes

Earns,

SEC

the

be

.

The

Sherman

the

203.

$2,175,586

and

to

Krieger,

Appeal Verdict in Alkali Cartel Case—

a

erene

$1.00

$5,000,000

Aug.

evidence

plant

huge
air

Federal

345,000

$1,392,945

Sales

G.

..

and

as

of

on

as

violations.

$2,137,718

172,500'-

Period End. Juhe 30—

$219,630

common

Receivables

Long-term

To

Shares of common stock

170,

with

12

stock

Woodrow

Dow's

This

643,267

outstanding
per share

$4.03

Michigan and California locations, and said it would employ
1,000 horsepower gas engines for compression of the air and hydrogen.

$2,780,985

797,471

Selling & admin.

Prepaid

at

245,787

178,346

437,130

$1,565,445

stocks

com.

Aug.

commcn

of

construction

project

year.

the

process

$2,535,198

$3,590,353

$1,535,159

dividends

for

$_.il

Shearson, Hammill &

announced

The

said,

from

290,077

410,719

;

$1.99

filed

was

value

par

account

construction

markets.

Cost

COMPARATIVE

and

$1.51

1,392,309

$1,976,164

deductions

income

Preferred

23.661

125;000

175,000

presently outstanding.

Plant

the

company's

$16,571,555

2,354,790

revenues—

$1

the

the

future.

Doan

Detroit Steel Corp.—Earnings—

•After

the

Dow

—V.

contingencies

•Earns,

for
were

Trade

$4,773,173

11,152,334

for

local

of

Underwriter;

cited

-Earnings—

$18,553, 439

depreciation

and

Subs.)

$8,691,726

V

Federal

(&

2,388.710

purchased

gas

1942—6 Mos.—1948

169, p. 2G41.

Texas,

$3,244,653

$97,383

1949—6 Mos.—1948

$9,46/,371

expenses

Net prolit

expenses.

Special

$1,786,366

Light Co.

&

revenue.

1949—3 Mos.—1943

notification

of

for

tons per day.

Power

■

Dow Chemical Co.—To Build New Plant—

Detroit-Michigan Stove Co.—Earnings—

*

$0.24

1381.

shares

company.

of

1946

1947

1948

$0.45

$16,702,224 $19,117,151 $36,070,285 $37,067,443
1,609,059
2,122,563
3,316,073
4,305,716
$.50
$.37Va
$1.00
» $.75-

per
share
1,007,642 shs. !

p.

share

per

35,300

$32,241

taxes

Cooper-Bessemer Corp.—-6emi-Annual Report—

Mfg.

&

Bel.

$78,189

1,113,218

816,052

taxes

•

47,922

$143,072

Douglas Oil Co. of California—Files With SEC—

1,790,607

650,125

Maintenance

Net

112,663

.y;:"',v

paid

169,

A

$5,714,819 $10,461,801

1,034,532

depletion

oper.

Total

90,747
87,689

1949—6 Mos.—1948

16,503

Period End. June 30—

Total

$238,774

share

______

Per shr. on

—V.

562,627

Delaware

Net

21,657

$321,508

$230,340

taxes—.

income

Divids.

169, p. 1989.

Prov.

1947

$217,118

31,176

$475,684
104,167
141,176

taxes

376.

salts

Net

376,733

income

Total

1943

$290,333

$0.72

income

Period End. June 30—

case

528,62.9

charges

—V.

$2.56

Doehler-Jarvis Corp.—Earnings—

liqui¬

the

Cr 10,000

_

and

102,27/

1949

__w_.

Federal

profit after

and old-

taxes

Deprec.

$436,527

*

26,299

for

—V.

subsidiaries)

$5,266,146

314,815

taxes

income

Other

—V.

1,949

$0.92

shares.

(& Subs.)—Earnings—

Coal

$2,894,489

.

taxes

Earned

6 Mos. Ended June 30—

76,u_.J

$0.99

income

10,000

taxes

$18,070,839.—

total,

$158,443

lo2,ol3

for

said;

($14 par), $7,022,680;

stock

383,521

$449,384

Other

$22,653,371 $26,294,*75 $48,733,995 s>53,0oi,z32
-19,758,882
21,028,329
38,019,176
42,539,491

revenues

Unemployment

LIABILITIES—Accounts

V.

150,426

112,0.3

$170,340

r

payable—trade,
$587,489;
accrued
wages,
salaries and commissions, $388,643; accrued State, local and other gen¬
eral
taxes, $270,624; reserve for Federal income taxes, $835,423;
re¬
serves, for
operating, compensation insurance, etc., $731,958; capital

197,o3 7

154,58o

share

per

Prov.

the

increase

to

1,000,000

to

1949—3 Mos.—1948

Expenses

de¬

total,

39,74i
$970,544

(est.)__—

profit
income

Other

$2,073,for

2*,970
$4o9,149

103,820
income

on

2749.

p.

dating value, but not higher than the asset value, and in no
less than the liquidation value as now provided.—V. 169, p. 2417.

State

$22,883;

34,570

168, p. 1480.

Net

Other

Govern¬

1947

$42o,746

Operating

Delaware Fund, Inc.—To Increase Capitalization—

accounts

betterments,

and

credits

Cummings

Federal income

1949

$1,351,834;

interest,

$4,393,154;

plant

buildings, machinery and
$8,091,566), $6,308,240;

preciation

$18,070,839.

JUNE

AT

$930,803

6 Mos. Ended June 30—

company,

hand, $2,300,196; United States Gov¬

on

plus

cost

$1,120,853;

securities

land,

679;

$1,275,091

"$1,804,334

$406,254

187,181

$439,179

194o

Dobeckmun Co.—Earnings—

the latter.

of

director

a

also announced that R. S.
a

all manuiacturing operations of Crucible.
of New York has been appoimed Assistant VicePresident
in
tne
operations department.
Mr.
Cummings had been
Assistant to the President since *945, concerned principally with opera¬
tions of
the Crucible plants in Syracuse,
N. Y., and Harrison/ N. J.

Power

income

l,200,33j

2io,o3j

________

provided

profit

—V.

East

Vice-President

as

Colvm, Jr., President of Crucibie,
Pittsburgh, Vice-fresident and

Operating
Net

1,392,3*2

233,993

_

profit

Dividends
Net

of

i.ico.ov.111

the

E.

M.

25,388,749
522,563

expen

5,972,387

1,391,2*9

$394,176

and

taxes

Field

depreciation-

for

Prov.

$7,165,237 $29,953,636 $28,085,403

es_

selling

Prov.

$7,097,647

$8,290,706

5,3j*,j56

deductions

Federal

*

of

is in

now

adminis.

sales,

$7,3*6,453

expenses

depreciation

income

Subs.)—Earnings—

4,o^9,499

and administrative
for

(&

sold

products

Other income

V

...

H.

Poister

Net

and

sales,

other

$5.37

1949
$6,548,937

Operating profit

who

Cost

Corp.

,

Provision

$2.73

foreign

of

Selling

$7,017,586

tAi'ter Federal income taxes.

—

$1,534,267

$5.65

169, p. 2102.

Net

1946

from

1948

$1,76* *45

9 Mo;. End. Mar. 31—

;

194/

received

scares.

taxes___

Dodge Manufacturing

1948

$2,029,854.74

of

—V.

1949

-

charges &

common

on

1949

Ifa9, p. 204.

Steel Co. of America

subsidiary,

a

Fixed

income

$0.87

fFederal

Changes in Personnel—

age

purchases, int.

on

and

$0.48
requirements,

by Spencer Trask & Co.

U.

(& Subs.)—Earnings—

$7,079,339

share

ferred stock at $58.25 per share was completed on Aug. 8

Sales, after deduct, cash

discts., returns & allow.

Per

$10,758,287 $13,891,308*$10,758,787
$4.34
$5.67
$*.32

share

tOn 2,;i*o,628

Canadian

Period End. June 30—

759,413

1949

dividends

Crucible

Net

Continental

386,943

;—V. lot), p. 15bJ.

25,357,500
1,000,000
7,008,553

$56,092,893 $57,200,036

—

169,

income after

(Incl. Domestic Subs.)—Earnings—

com.

•Including

Gross
Total

—V.

Not

—;—

4,271,143

_______

Salesmen's

Common

Warns.

pany

134,000

355,929

_____

taxes

$5.50 div. cutnul. pfd. stock

$8,599,399

u46,o22

(estimated), $151,000—V.

Wet profit

redeemable

2,076,099

year

Accrued Federal income

348,066
803,572

268,857

debentures

dividend

12 Mos. End. June 30—

10,408

348,666

___

payable on common stock

Principal

preferred

Crane Co.

He

.___

estate

period

345,740
611,352

bond

__

Accrued

35,815,731

$56,092,893 $57,200,036

payable
Employees' payroll
purchases, etc/

Div dend

1,040,026

38,224,223

Accounts

real

54,746

979,450

:

____

Accrued

394,067
30,563
9,333,831

7,650,356

stocks, etc., at cost___.

equipment

•After

5

Cup Co.—Earnings—

12 Mos. Ended June 3Q—

$6,553,942

special offering of 8,600 shares of

26,070

:■

___

1947

$6,905,872

earnings after taxes—
•Earnings per common share

2,162,846

:

charges

and

June 25, 49

SHEET

._

receivable
to employees

mortgages,

Deferred

hand_,__

on

(689)
Dixie

1948

1949

Net

$1.71

$7,498,010

BALANCE

advances

Inventories

$2.32

$1.71

*

receivable

accounts
and

697,331

-

Trade accounts

CHRONICLE

1,075,429

697,331

__________

CONSOLIDATED

Sundry

100,000

$3,199,615

$2,562,649

ASSETS—
in

1,595,615

1,075,429

surplus

outstanding

common

per

1,541,000

___________

dividends

Common

1,956,600

100,000

earned

to

dividends

Preferred

tax

goodwill—

FINANCIAL

6 Months Ended March 31—

$4,479,047
243,789

:—

.1

&

Sales

$4,346,304

operations

from

Total income

Cash

June 28, '47

$74,315,326 $78,330,616 $73,179,898

sales

Costs

June 26, '48

COMMERCIAL

Cornell-Dubilier Electric Corp.—Earnings—

Subs.)—Earnings—

June 25, '49

26 Weeks Ended—
Net

THE

Number 4831

Volume 170

„

.

replacement of facilities




at

current

cost.—V.

169, p.

cialized

derivative chemicals/'—V.

170,

p.-104.

•

>-

—V.
•

860,059

2417.

,

,Diana. Stores Corp.—July Sales Up 4.4%—
1949—Month—1948
1949—12 Mos.—1943
$1,180,361 $17,453,559 $15,318,403

Period End. July 31—

Sales

—V.

$1,232,847

_

170, p. 302.

u

•

170, p. 105.

'

,

:

-

Eastman Kodak Co.—Official Promoted—
W.lliam

Albert

K.

S. Vaughn, who since January, 1946 has been assistant to
Chapman, General Manager, has been elected an Assistant
■!
-

Vice-President.—V. 170, p. 592.

THE

CC90)

P

mrjj Malefnded JUnC 30~~
of

Number

—V.

Total

moms;.

1'78?^9«

share-—
1451, 2102.

&

Light

&
for

SJ1J

.

.

,

operating

limited-term

1949—Month—1948
S5.671.120 $42,637,832 $42,571,054

Total

Subs.)—Earnings—

—

5046

—

income

170,

$0'47

—•

Number

of

Mr:

Separate

a

of

time.

progressively

Each

in¬

Ended

of

1946

2,269
1,034

I

$256,092

$202,095

3,859

5,950

4,431

1,050

"9,238

1,133

$261,603

$273,069

$271,231

$207,659

28,744

34.134

35,018

12,424

12,285

receipt

received

as

///
income

lor

/

;

expenses

Prov.
and

5268,160

dividends

Total

7

'
1947

1943

•

12,109

date

stock

Total

"17 Weeks

J949

$258,300

&

Fed.

taxes

41,349

normal

surtax

■

719,959
1,846,622

$0.38

outstanding

Total

1.032,629
1,845,456

9,147

SJ.54

net inc. (excl. of

gains or losses real¬
'

share—

common

per

"Corrected

after

NOTE—No

gives Ekco a

lines to the Ekco family

autonomous division and that Ekco
stainless steel flatware at its new,

comparison

preferred
fiscal

interim

in

periods

*xtend3

will continue its
modern factory

ago

year

a

Franc.sco

of 5

dividend

extra

an

cents

Ry.

bonds since

the

in

$157,163

unaer

plan
ox
representing interest

date of

220,152

aggregate

acquisition by

market

rcoi^a.,niat.on
acciued

preatce sor

a

ox

and

158,602

value
bi.

of

unpaid

new

s-San

_,ou

original

on

company.

NOTE—Realized net profit on
securities sold
was
$77,900 for 1949
per.ed.
The net asset value per share at June 30, 1949 was
$43.33, as
compared with $43.22 at Dec. 31, 1948.—V. 163, p. 1882.

ago.

declared

have

directors

$223,977

.—■—

included

$8,389

received

share

per

the

regular quarterly dividend of 10 cents per share on the com¬
-stock, boih payable Sept. 15 to holders of record Aug. 39.
An
extra of like
amount
was
paid on June 15, last.
The company la t
and

Elgin National Watch Co.—Earnings—

$226,511
'

securities

Declares Extra Dividend—Pays $1,000,000 of Notes—
The

-

$220,750
:

;

"Includes

nearest April 30.
supermarket chain which
to Florida numbered 110 on July 23, Ia49,

York

New

from

compared with 100

unrealized

Dividends

is available because of a
resulting from the change in the

year

a

and

securities)

on

requirements.

dividend

with

ized

fiscal year which now ends on the Saturday
The number of units in the retail food

170, p. 302.

Byesville, Ohio.—V.

at

well

short
under

$.>5,578,237 $50,307,556

—

———

shares

common

tEarnings

well rounded line of flatware In all styles and price ranges,
Keating further stated that the Diamond Silver Co. will operate

manufacture

at

taxable

Record Sales—

all charges and taxes

income after

three
a

treatments

Corp.—Earnings—

dividends

Interest

Sc.Ies

complete,
as

$5,449,185

_

Ended

President,

the Diamond

of

Value

493.

p.

difference
addition

,3,565,630

—:

12 Weeks

announced Aug. 10 that this company
had purchased the Diamond Silver Co. of Lambertvil1c, N. J , a lead.n?
manufacturer
of
low
priced table flatware in silverp.ate
and, in
The

Cash

July 23,'49 Apr. 30,'43

Co.—Acquisition-

Ekco Products

(net)—

Food Fair Stores, Inc.—Reports

Net

Keating,

General Capital

$9,014,815

———

40«n°47

169, p. 2203.

Arthur

deductions

acid

more

the Gaspe

on

for the acidization of
scheduled to start in
or

Dow

$3,978,939

—35,876

——

$237,372

shares

& B common

share

per

$231,026

405k°?2

1

income

Earned
—V.

two

the

of

gallonages of acid, each treatment to be followed
by extensive swabbing operations.—V. 167, p. 1469.

of

-V.

.

class~A

—

—

—,.—

given

have been
Chemical Co.,
Peninsula.
we.ls and possibly

that arrangements

10

subsidiary

creased pressures and

4,249,895

J———

income

income

Net

$14,131,806 $14,401,714
448,012
496,335

~

nroflt" before"'taxes

Net

revenues

(net)

be

to

6 Mos. End. June 30—

Sal^0UthS End6d JUnC 20~~

Number of

income

Gross

(Thomas A.) Edison, Inc. (&

Nit

operating

Other

$4,C95,704

302.

P.

proiits taxesr„___

excess

is

3,374,115

plans call
work

fourth ,with

a

2,284

profits

Contract—

(Canada)—New

Aug.

acidizing of several of Gaspe's wells

the

Present

3,012,000

—

investments
excess

for

20.918,726

appropriations

of

than income and

Net

1707

Gaspe Oil Ventures Ltd.

$40,535,959

——

Amortization

Monday, August 22, 1949

This company announced on
concluded with Dowell Inc.,
a

1949

30,

Inc.—July Sales Off 17.2%

Period End. July 31—

—V.

June

—

Provision for Federal income and

.1.-1.-.--.-

Ended

revenues——

Taxes—other

.

CHRONICLE

Co.—Earnings—

Months

12

operating expenses
Property retirement reserve

'*711

r —

pp.

Edison Bros. Stores,
Sales

FINANCIAL

Total

<.wm™

-

shares.—-

common

per

169,

Power

Earnings

$54,6834040 SG2,7514860

-

£S^rSSftSS==—L-_

Earned

Florida

(& Subs.)—Earnings—

Manufacturing Co.

Eaton

COMMERCIAL

General Electric Co.—Announces New Motors—

mon

June 18, '49 June 19, '43
$10,735,409 $10,450,527

24 Weeks Ended—
Net

sales

—

"Sfit^!So7eiax;^::zL:-—975.501
353,000

376,000

income

Federal

.

taxes

profit

Net

—

——

—V.

$617,561
800,000
$0.77

—-----

-

-

Capital shares outstanding
Earnings per share

—

169, p. 2418.

,

■

.

and

billed

and

$0.<9

Ford Hotels Co.,
Sheraton

back

company's

$22,800,000.—V.

loom

America

/

below.—V.

169,

169,

log

orders

of

1948

1,703.184
$4.47

on

June

1949

30,

amounted

2102,

p.

"A", stock

of

to

writing.

...

Endicott Johnson

Corp.

(& Subs.)—Earnings—

6 Months Ended—

sale-/.

Cost of goods sold

;

52,770,590
8,506,999

.

Selling, general and admin, expenses

,

income

notification

Capital

94,435

63,134

$6,867,604

announced
their

desire

169,

-

Total

company,

Total

income

Interest & tnlscel. income deductions

134,610

Federal taxes

on

625,000

31,706
1,975,000

Provision

pen

Cr636,611

850,861

■>

T

,$1,046,748

$1,629,956
144,760

$1,778,735

144,760

_jTr.—972,864

1,053,936

628,303

for

Inventory

income—

ions
"A

T;

Net

J./.

profit

Preferred

-V-

•—

Surplus

period...—
outstanding

Earnings

2,760.000

per

share,.,

common

—

1

V '

-

ASSETS—Cash,

$5,331,892;

"Net

$1.83/:

V

*• ''

f

304.

p.

Texas Gas Stock—
This

corporation it

authcriaztion
of

Texas

Gas

'

_

;

;

shares
Corp.

collection), $10,024,496; other accounts

of

on

Aug.
shares

25,000

Federal

receivable

(less

stock

> LIABILITIES—Notes payable, including commercial
paper,
$11,500,000; trade accounts payable, $1,850,533; salaries, wages arid commis¬
sion:, $2,947,342; accrual for retirement
plan, $1,167,948; Federal taxes
on
income, $2,189,471; taxes, other than Federal tax on income,
$545,^
566; miscellaneous accounts payable and accrued
expenses, $1,610,906;
notes held by workers under
savings plan, $403,438; provision required

surplus, $14,630,43.1; total, $81,689,411.—V. 169,

1666.

p.

J

on

jto

-

added

interest

rate

of

the

redemption premium,
by amendment.

Engineers Waterworks Corp.,
Harrisburg, Pa. —Files
With SEC—
6EC

corporation

covering

offered

at

on

Aug.

$140,000

$990

of

unit.

per

filed

10

series

The

loan, invest In additional
capital. Underwriters are:

C

net

public
C.

letter

a

5%

of

notification

debentures

proceeds

utility

to

are

due

be

companies,

with

1971,

used

and

/

sale

the

3%

to

be

that

Collings & Co., E. H. Rollins & Sons,
Inc., arid Battles & Co., Inc., Philadelphia,
Pa., and Warren W York
•& Co.,,
Allentown, Pa.—V. 166, p. 1149.

notes

Eton

•

It

bonds,
and

The
Is

Sterling

-now

rate

announced

apartment

85/

this

month, that

tne

sale

of

the

to

of the

Bank

make

&

an

Trust

initial

principal amount

Co.,

their

other

rate

annual

details

the

of

are

due

164,

New

York

N

(&

Sub .) —Earnings—

1949—12 Mos

1948

Electricity

elec.

gen.

Prov.

for

depreciationincome taxes-

Operating income,
Other

income

(net)

-

&

Treasury

5,961,006

5,394,994

2,529,599

deducts.—

142,510

income—

'■<

815,575

1,099,280

688,350

557,251

800,600

746,000

620,100

1,101,330

680,064

$2,977,647

$2,035,480
1,314

2,646

sale

Balance
—'V.

169,

of

$2,036,795

$1,694,425

1,128,571

635,314

514,144

$1,884,859

properly

$1,401,481

$1,180,281

193,475

liabilities)




$2,078,335

$1,180,281

and

$17.40

170,

Mar. 31, '49

Dec. 31/48

$404,430

$215,025

■6,900,950

v7,000,157

1,845,675

Harris,

for

ether,

10,211,000

/ 9,150,500

6,825,750

7,433,750
3,437,500

-8,990,750

7,685,500

common—

State

and

appreciation,

muriicipai

if

:. ■/'•'.
66,000

SIX

MONTHS

1949

L

Z

83,000

of

all

Gas

to

to

$115,034

(after $77,000

1451.

p.

the

outstanding

filed

was

GPU

this

its

the

shares

of

common

stockholders.
of

no

SEC

stockholders

10

eacn

shares

own

shares

with

common

corporation

ENDED JUNE

30

■///•'/,■.

1943

1947

1946

$729,432

$/32.932

$619,810

on

cit

Aug.

the

GPU

of

value

par

15.

rate

of

stock held

for

the

week

ended

12,

Aug.

or

106 907

Gould

and

dividends

•

has

1948

$1,690,805

$1,690,307

recently

announced a 15%' increase in
period ended June 30, 1949, over sale3
ago,—V. 169, p. 602.

year

been

appointed

President,

elected

to

new

announced.

since

will

1935,
well

as

Director

a

of

post

Mr.

be

in

who

charge

Toni's

as

the

of

Director

Gould,

of

of

all

market

Toni

Sales,

has

sales

research

Co.,

R.

been

and

a

N.

with

W.
the

promo¬

program.—

169, p. 1883.

Grayson-Robinson Stores, Inc.—July Sales—

—V.

170, p.

>1949—Month—1948
$4,190,709

will

company

in

the

Great

The

is

company

its

use;

$41,784,250 $38,122,906

Line Co.—Plans Expansion—

kpend

Lakes

President, announced
firms

1949—7 Mos —1948

$4,723,319

304.

Great Lakes Pipe
The

>

$37,500,000
this

area

Aug.

on

owned
:

17.

to

boost

supplies of burning
winter, Harry Moreland,

coming

./.■::/;/////-;, ""
oil companies and ten other oil
>:;;;//;/^///Z ;//>•/■/■•/-"'' / '// %

eight

by

facilities.

/

The company now operates pipelines carrying oil products from
Oklahoma and Kansas refineries to 14 delivery terminal; in Kansas/
The

South

new

Mr

will

between

increase
170. "p.

built

Iowa, Minnesota and Illinois.
existing pipelines running front
areas northeast,
section
of
12-inch
pipeline will be

along

the consuming

to

stated

Des

the

North Dakota,

be

Kansas

Moreland

laid

V.

Dakota,

lines

Oklahoma and

the

Moines

first

and

Minneapolis

by

about

mid-December

capacity along this route by 200,000 barrels

304.

(II. L.)

a

day.

"

v

;

Green Co., Inc.—July Sales 8.6%

Period End. July
Sales
—v. 169, p..2642.

31—

1949—Month—1948

-

$7,299,201

'

Lower—

1949—6 Mos.-^-1948

$7,987,979 $43,980,839 $44,268,553

//// : /:.;//////:;; i////;:/-///"-///

,

.

94.067

.92,733

$626,025

$525,751

$479,434

139.500

139,500

139,500

327,780

Griesedieck Western Brewing Co.—Listing—
Board

'139,500

approved

of

this

of

/

of

Governors

of the New York Curb Exchange on Aug.
listing of 690,017 shares of the $2 par common stock
Of this stock, 640,017 shares are issued and out¬
standing and 50,000 are issuable against exercise of conversion rights
17

dividends

Jan. 1 L- Aug. 7—1943

$87,060

Co.—Quarterly Sales 15% Higher—»

President,

three-month

Period End. July 31—
1

$572,163

$592,479

soldt_

$87,758

Sales

77,000

$35,200,305 $34,714,682

327,780

securities

first

activities

$35,283,305 $34,791,682

profit

the

the

company.

5%

cumulative

convertible

preferred

stock.—V.

168,

p.

2431.

1—No

interest

and

2—Net

$1,088,988

1G66.

offered

Gerber,

the

concern

7,582,000

provision for Federal income tax has been made in view
of the company's election to be taxed as a
regulated investment com¬
pany and the intention to distribute substantially all the net income

p.

169,

15,576

amounted

//■

realized

interest

and

(excl.

Common

offer

Rochester

output

tional

The

on

1946.—V,

$34,267

29,243

watch

$190,121 in 1947 and $231,981

in

will

be

parent

1.853.250

10,059,000

136,953

inc.

1943,

Products

F.

for

Nebraska,

Expenses
Net

investments

on

p. 594.

subsidiary,

on

$290,932

——$33,971,311

divs.

from

$1,401,481

1949

6,205,404

:

Inc.

NOTE

$2,445,169

2313.

and

on

Preferred

$3,013,431

$2,445,169

surplus—^
p.

(less

securities

I

.

1,134,393

31,

1949, March 31, 1949/and Dec. 31,' 1948,
market, were as follows:
*.
*•• •.

EARNINGS FOR

$1,691,779

35,784

dividends

30;

June

Total

647,047

5,336

March

on

$24,037,311

673,943

1,285,733
1,304,700
1,211,401

Special credits resulting
from

share

Total
taxes

gain

<approx.)___

and

47,601

1,336,026

After

2,970.725

Deduction

$31,501

26,254

2,095

Gillette Safety Razor Co.—New Director—

oils

receivables

Industrial

NOTE

Net

per

Bonds

3,346,490

74,335

$3,579,562
income

S.

$47,191

24,274

for the comparable period a

President, "state

Other securities;

,

Total

of

as

U.

$9,241,473
1,657,259

$3,574,225

taxes—

sets

Cash

*

298,783
1,514,539

Maintenance
Federal

1,775,868

Linder,

June 30, '49

1946—6 Mos.—1948

$9,413,448

purchased for

resale

Other

;;" /

F.

$33,971,311.

were

v-

the

Oper. revenue—Electric. $18,568,318
$15, 973,694
Operating expenses
3,417,928
3,189,480
for

Harold

Stocks—Public utility, pfd. & com.
Oil, common
■

Florida/Power Corp.

used

with $17.69

31, 1948.
a

of

to

electric

Daniel

(

arid

assets

preferred

liquidating distribution' at'the

of

net

stock,

common

with securities valued at

Y.

826.

p.

Period End. June 30—

Fuel

compared

-Net

trustee,

1949.

the

on

as

Dec.

corpo¬

24,223

by amendment.

revs.

sales

of redemption,
offering will be

stock and $327,779 (20 cents per share)
the decrease for the six months was $743,371.
Net assets, after deducting $8,200,000 preferred stock, were
equal to
$16.94 per share of common stack on the 1,638,898 shares
outstanding,

first mortgage 6% income
bonds
The remaining cash will not be
distributed until after deter¬
mination of costs, expenses and
allowances by the Court
To receive
payment, bondholders must present bonds to the
trustee for stamping

—V.

$139,500
the

building has been effected.

National

prepared

of

earlier

is

Bernard

Chairman,

30,

June

on

Lodge Corp.—Sale Consummated—Distribution—

was

ration's

of

Altschul,
of

as

19,317

$90,883

Georgia & Florida RR.—Operating Revenues—

—V.

American Investors Co., Inc.—Report—

General
Frank

."•

C.

16,784

1,485
21,620

—Week End. Aug. 7
1949
1948

V.

repay

working

stock

be tiled

Oper.

the

to

to

for

30,299

1,401

Sept. 8. The subscription price and other details of the
otxering are

The

,

The

.

35,278

1949 amounted to 114,835,463 kwh., an increase
ot 2,508,O'i4
kwh.,
2.2%, over the corresponding week of last year.—V. 170, p. 593.

Mo.—Registers With SEC

to be used in part to repay $13,800,000
1950-1956, premiums on such loans aggre¬
gating $310,520, a $1,000,000 2% note due 1950, and the balance for
the company's construction program.—V. 166, p. 1050.

2V2%

1946

$89,884

___

net

taxes)

.

approximately
total: number .of

Proceeds from

of

1947

32,711

Weekly Output Increased 2.2%—

'

-

company

The

their

1943

$100,620

32,032

share of Rochester Gas stock fcr

one

15 has requested SEC
of the common stock

On Aug. 12 filed a registration statement with the;
SEC proposing the sale at competitive bidding of $18,000,000 of first
mortgage bonds series due 1974.
'.-//<■';*

'

at

$50,041

of

Gerber

to give effect to the normal base
stock method of inventory, $17,337,706; 4% series, cumulative preferred
stock, redemption price and liq¬
uidation ($100 par), $7,238,000; common stock
(par $25), $20,268,000;

17

Aug,

on

states that the 25,000 shares amount to

company

The

$0.61

//'

-

1,360

corporation

common

Corp. (Owensboro, Ky.). This is part of
offered on Aug. 17 (see Texas Gas Trans¬

publicly
below).

Gas Service Cd„ Kansas City,
■

$0.03

593.

p.

Corp.—Earnings—

1949

in Rochester Gas & Electric
Corp. to
registration statement covering 835,000

A

-

,

$81,689,4] 1.

170,

General Public Utilities Corp.—Rights—

/

of the total ta be offered or 1.1%
of the
shares outstanding and, assuming a price of. $12.00 a share, would
"represent an investment of approximately 4.93% of the company's
assets, as of Aug. 3, 1949.
1
■Interested persons had been given until Aug. 16 to request "a hearing.
—V, 170, p. 593/

$152,318; Inventories, $45,762,882; prepaid taxes, insurance
misbellaneous, $389,330; investments and other assets, $3,348,533;
property, plant and equipment (net), $16,679,959; goodwill, $1; total,
and

/

Nil

credit.—V.

tax

_1_

dividends
ive

income

This

■

.

*

'

i

,

announced

purchase

>11.8%

accounts

486,853

$100,217

1£49, $130,823 in

.

(Boston)—Seeks to Acquire
■

Transmission

218,625
provision

'

was

the

for

mission

SHEET, MAY 28. 1949

receivable,

earned

in

1949—Rfcnth—1943
1949—7 Mos.—1948
$10,966,000 $13,706,000 $70,829,000 $85,044,000

Gas Industries Fund, Inc.

$2.01

1947

So00 047

486,853

—

income

"Exclu

This stock

The

trade

of $600,000 for possible losses in

^

——-

—

170.

1943

$15,807

486,858

bank loan__

on

Preferred

under

$400,000

of

810,720

'-■//.////

CONSOLIDATED BALANCE

■■

f

Period End. July 31—
Sales

reduction of Federal income taxes result¬

to

*■

'

"After depreciation of $821,149 in 1949, $623,360 In 1948 and $465,305
in 1947.
tlncludes $2,061,257 transferred to inventory reserve,
tin¬

cludes $740,000 equivalent
ing therefrom.
fiLoss. •

'v

$1,005,667

810,720

payment

Gamble-Skogmo, Inc.—July Sales 20% Lowers—

'•(!

144,760

$431,260

first

Motor

^

i

„•

■

810,720
'
$1.11

,

its

.

■

$$70,876

shares

made

1

sinking fund provisions of its $15,000,000 of debentures, thus
reducing the outstanding amount of the issue to $14,600,000.—V. 159,
P- 2751,

—V.

for

Common

/

——

dividends

Aug.

on

company

Medium

$187,840

income

Interest

the

$2,280,000

i

dividends

Common

48,870

,

—

reserve
.

The

:

share

per

General expenses
Taxes (general*

Fruehauf Trailer Co.—Reduces Debentures—
1

and

1949

,

6 Mos. End. June 30—

of

1666.

p.

Small

(& Subs.)—Earnings—

outstanding

General Public Service
letter

9

thereunder.—V.

E.'s

specifically designed to improve
and increase loom speeds,—V. 170,

the age of 53.—V.

that no offering has been
withdraw Letter of Notification

to

offered

be

not

Aug.

on

G.

are

costs,

Roy E. Hammond, Comptroller, died in Detroit, Mich.,
170, p. 593.

...

1469.

p.

filing with the SEC on Aug. 8 of
8,600 shares of capital stock of this

Is

shares will

per unit.
No under¬
expand sales and to in-«.

to

by

motors
power

Geiieral Motors Corp.—Official
Dies-^

at $10

be used

new

"Net loss after carry-back

48,435

$4,487,523

said

as

167,

stock

"B"

to

shares

Earnings
V;

Co.—Offering Withdrawn—

Co.,

it

and

of

These

operation, reduce

Net protit after taxes

the

covering

Czarnlkow-Rionda

$6,819 169

$1,169,753

income

$4,424,389

with

connection

In

60,296,796 153,140,922
8,973,631
6,742,123

$1,075,318

proceeds are

working capital.—V.

commenced

"Operating

one

net

Francisco Sugar

May 23, '49 May 29, '48 May 30, '47
$62,352,907 $73,694,815 $66,702,214

—

share

and

The

flywheel loom motors, incorporating
characteristics of G-E cast frame loom

torque

announced

3 Months Ended May 31—

The company on Aug. 15 filed a letter of notification with the SEC
covering 10,000 shares of "A" capital stock (par $1) and 5,000 shares
of "B" capital stock (par 10 cents) to be offered in units of two shares

1,402.154
$3.72

and

General Instrument Corp.

.

2313.

p.

totally-enclosed

been

593,

p.

170, p. 593.

of

speed

has

Divisions.

Frailey Industries, Inc., N. Y. City—Files With SEC—

crease

Other

Inc.—Acquired—
of

Corp.

line

new

unique

motors,

President, announced that $1,000,000 of 3% notes
April 30, last, have been paid off, and that '/ales

on

earnings are running ahead of a year ago."—V.

800,000

$13,480,706 $12,587,315

after changes & taxes.——
Earned per common share—————-

Net

each,

cents

George Friedman,

outstanding

$635,985

1949

1

—

Net profit
The

10

,

*

Ended June 30—

saie3

of

Co.—Earnings—

Elliott
6 Mos.

dividends

Dec.

on

See

Net

four regular quarterly cash
29, also 5/ in stock.

paid

year

1,011,935

A

the

in

on

securities scld

$771,034

in

1947

profit

from

amounted

and

to

$1,305,561

sale

of

securities.

$170,344 in
in

1946.—V.

1949,

169,

Gulf Public Service
The

corporation

Co., Inc.—Files With SEC
filed

—

letter of notification with the
value common stock to
be
offered
at $11
per
share, the net proceeds to be used to pay for
improvements, etc. Underwriter: Rauscher, Pierce & Co., Inc., Dallas,
Texas.—V. 170, p. 398.
"
"
.

dividend"; and the net

profit

1S48,

1

SEC

covering

on

27,000

Aug.

shares

12

of

$4

a

par

Number 4831

170

Volume

THE COMMERCIAL

v:

•

-

Hudson & Manhattan

:Hajoca Corp.—Earnings—
prof. aft. tax.
shares

Common

Earns,

per

-

.

1948.

of

Gross

115,121

69,873

Oper.

expenses

$1.23

$4.55

less than the correspond¬

to 1 on June 30, 1948. Book value
of June 30, 1949, was $49.41 per share.—V. 169, p. 2103.

1,

compared with

as

of the stock as

1.8

the

$756,501

$791,135

$4,587,248

702,794

744,416

4,129,172

4,224,251

$53,707

$46,719

$458,076

$590,110

9,242

9,787

55,428

77,683

$62,949

$56,506

$513,504

$667,793

—_

129,822

131,536

780,562

789,649

bonds

85,295

90,641

511,775

543,850

$152,168

$165,671

$778,833

$665,706

&

taxes

__

pany

$3,000,000

income

•Income

Int.

...

charges

inc.

adj.

on

.

Deficit

Co.—Earnings—

______

•Exclusive of interest
earnings

Gross

467,333

913,541

net—

613

4,613

DT 186

taxes

453,360

545,248

905,787

for

The

891,572

state

1,

sion

of

the

"The

$274,360

$330,248

$547,787

Preferred

$7.86

$9.46

$15.69

$15.46

Common

$0.62

$0.76

$1.24

$1.21

income

Earnings

—V.

—:

share:

per

169,

with

shares

will

of

be

$4.25

1949 at $102 per

■

13,

Oct.

on

1949,

1

*

stockholders

Aug.

on

registration

finished

goods

Nov. 30,

on

paid

were

off

in

Mr.

June,

Simon

are approximately $10,000,000,
3948.—See V. 170, p. 594.

Company first
398.

p.

mortgage

due

amount

Period End. June 30—

Net

rents payable

$987,281
780,005
106,305

$5,831,275
4,561,913
641,626

29,887

22,202
$605,534

Trust

1,

3,682

2,327

14,626

$187,750
46,692

$620,160
9,338
282,076

No. of Shs.

Total

Income

Miscell.: deductions

$139,125

$328,746
78.23

A

at

171,563

Period End.

1

$907,901

■

1949—6 Mos.—1948

1949—3 Mos.—1948

July 31

1,933

Mandt

Mr.

79.01

J

depreciation

Bids
6 Mos. End. June 30—

1946 f

1947

1S48

1949

$47,393

Dividends

paid

$49,884

71.06.-

18,000

18,000

—

710

Each

•On

$0.04

$0.06

$0.05

stock outstanding

shares of capital

t$2,304

$14,232

$31,884

$29,393

share

900,000

par).

($1

cessful

LIABILITIES—Accounts

dividend payable on July
$900,000; earned surplus

$53,402;
stock
($1 par),
$823,523; total, $885,925.—V. 169, p. 2752.
1949,

payable,

capital

$9,000;

plant

profit
share

be

•After

785,000

$1,395,389
$1.51

_—

shares

common

Eugene
Bissinger

$3,906,686
V
6,408

$3,676,295

Total income deductions

$2,068,072
861,979

$1,586,451
911,568

$3,913,095
1,746,748

$3,691,602
1,841,717

$1,206,093

$674,882

$2,166,346

$1,849,884

$2,063,236

•Fed.

$566,742

$6,249,541

$5,752,035

13,447

220,461

45,785

Gross

$580,189

$6,470,002

$5,797,870

120,518

1,576,234

1,105,311

$562,746

-

$459,671

$4,393,768

$4,692,559

deductions

income

Dividends

applic.

Balance
—V.

$689,971
127.225

income

Income
Net

(netj—

170,

p.

for

the

389,583

(St. Louis DST)

noon,

bid- will

within

to

IRaw

of

the

1949,

1,

has

elected

Secretary

to

Net

e.'.rned

1947

1946

'

flncl.

at

secur.

(Harvey) Hubbell, Inc.—Earnings—
6 Months Ended June 30—

income, after Federal

$61,695
366,285

•.

-

Bal.. surp.

$57,538
352,373

-

taxes

1949 *

1948

$536,100

_

$539,500

$1.67

j

v

•After

;

all

'

$45,509
324,679

all

-

16,122

.

June 30

$409,912
40,000

$386,310
40,000

$338,308

'

$427,980
40,000

r~

1946

$7,591,950
. 2,757,973

$6,046,157

-$3,898,606

2,757,973

$2.49

$2.75

$2.19

,-2,575,973
; $1.41

share-J-i"
operating

costs,

depreciation,

including

<-

<

1947

1948

1949

2,757,973

outstdg-

the first half of 1949,

169, p.

*■

Gros-,

End. June 30—

income

*

depletion,

and

against 930,683 tons in the corresponding

2103.

$387,980

$369,912

$346,310

BALANCE SHEET JUNE 30,

Federal normal

1949—3 Mos.—1948

9,051,013

U.

S.

'

revenues

income

age

$339,516

-

taxes—.

Unemployment and
taxes
taxes

Fixed

■

1949—6 Mos.—1948

$10,903,643 $17,355,114 $22,953,948

9,762,309

16,738,571

.

and

$1,141,334

$616,543

20,231,717
$2,722,231
'207,500

•

Canada

J.

p.

114,685

156,734

184,259

—

and

N,

Hobart

1949

*

3,310,094

3,794,472

earnings

Feb.

had

Iron-Works

steel

Earnings
—V.

per

Machines

Business

Other

since

Net

Corp.

(&

1948

1949-

tax

rents
fac.

Joint

.1947




subsidiary,

a

Other

275,000

165,000

Dr>_

173,482

Cr2,023

$874,101

$664,713

-

LOUISIANA

OF

"Net

$7.91

»—V.

accruals
Dt)_

tax

rents

fac,

avail,

ry.

for

1949—6 MO .—1948 :

$1,068,881
140,564

$6,590,515

$7,066,134

1,151,201
807,142

1,168,656

302,874

67,720

626,107

•

(net

(net

rents

170,

Dt)

'

975,665

i,

$5,634,404

$5,235,377
RY.
'

•

22,064

108,282

118,464

$350,528

$243,708

$1,809,705

$2,039,814

/

'

^

•

...

.

1949—3 Mos.—1948

'■'."■The

new

$2,553,997
14,428

$2,571,681
9,988

$4,493,344
23,242

$4,257,834
26,881

$2,581,669

$4,516,587

$4,284,715

1,982,262
185,940

3,563,778
358,097

153,650

2,098,084
163,077
5,732
121,369

-

of

Fed.

Utilities

Co.

of

Delaware—Preferred

products

sold.

7,755

deductions

taxes

Net

inc.

on

stock

ning
Total
Cash

(est.)

is

convertible
conversion

stock

at

mon

for each

share

on

or

rate of

before June 1, 1959,
two shares of com¬

of preferred.

basic

/

scaling down to $30 per share after June 1, 1958. It also has
benefit of a purchase fund under which the company,
beginning

1960

3%

of

and

in

each

the

aggregate

thereafter, will set aside out of net profits
par
value of the shares of preferred stock

year

1959.

of these newly issued shares
will be applied in part toward the cost of the company's construction
PROCEEDS—The proceeds from the sale

paidend

profit per share.—
Net profit of subs, not
included above

of

Net

Net

parent

$363,742

635,767

998,399

698,514

$829,173
77,238

$1,362,142
154,476

$906,411
154,476

v

■<

-

$1,207,666
$0.78

$751,935
$0.62

$1,207,666
$1.18

$751,935
$0.67

41,266

20,122

81,729

45,293

$0.13
280,083

$0.07
213,528

$0.26
445,472

253,191

$0.91

$0.69

$1.44

$0.82

$188,345

$192,927

$319,640

$329,062

shr.

company-.

profit inclu. subs.
profit per share In¬

cluding

$207,897

$193,406

.

Subs, net profit per
*

6,75fc
125,655
.

$238,817

of

period
Net

The preferred stock is subject to redemption at any time at $30.75
share if redeemed on or before June 1, 1952 and thereafter at

prices

222,939

$1,284,904
"
77,238

surplus

at

,

1,046,087

-

-

period

surp.

3,619,023
325,380

8,028

begin¬

at

surp.

of

dividend

Bal.

common

a

profit

Earned

Corporation on Aug. 17
investment banking group which offered to

preferred

1949—6 Mos.—1948

;

Sell., adm. & gen. exps.
Other

305.

an

,

—

a

income

Total

Cost

.

the

,

plant

The

$2,568,426

sales

Other

dends.

f

any

■

subsidiary)

399.

P.

steel.

ARKANSAS

AND

J

17,304

/

income

oper.

ry.

Period End. June 30—

Net

/

fixed
~

o.

*

/

shares of 5!/2% series cumulative pre¬
ferred stock at par ($30 per share) plus accrued divi¬

in

845,246

to

sold

1,602,821

98,986

$1,141,887
193,282

opers.

income

170,

America—Earnings-

1949—Month—1948

revenues.

Iowa «Southern

403,983

$675,570

V

be

1949—Month—1948
1949—7 Mos.—1948
$1,383,762
$1,786,465 $10,543,683 $11,541,304
876,034
1,020,302
6,767,808
6,599,872
132,500
218,000
932,000
1,444,920
79,149
69,583
562,632
576,749
35,067
105,988
363,256
761,485

revenues

oper.
expenses
income
taxes,

ry.

Equip,

will

1949—7 Mos.—1948 $3,405,502 $22,936,868 $23,153,131
1,829,294
12,939,190
12,484,728
420,000
2,325,000
2,915,000
149,000
1,158,000
1,207,000
128,945
1,270,359
879,459
Z)r4,162
JDr8,942
Dr32,540

$3,047,810
1,771,638

income

oper.

oper.

Federal

.

Stock Offered—The First Boston

350,432

567,236

2753.

Ry.—Earnings—

(net)-

rents

ry.

Railway
Railway

Subs.)—

132,629

oper.
from

rev,

—v.

371.694

•$823,307

This

company.

p.

1949—Month—1948
.

accruals

(net

EARNINGS

$5.52

$6.16

.

charges

Net

have

would

170, p. 305.

Income
,v-

199,998
411,288

the

169,

produced mostly ingot
May.—V. 170, P. 107.

last

revenues

oper.

ry.

Equip,

._i $10,330,600 $13,836,161 $11,328,001
2,632,007
2,506,712-i 1,432,407

outstanding
share

Period End. June 30—

167,234

$248,129

period

Kelley Island Lime & Transport Co.—Earnings

239,500

319.895

169, p. 1991.

Corp.,

which

mill

closed

oper,
expenses
income
taxes—

Federal

charges——

shares

to

ended June 30.—V.

(Separately-operated

'Net- profit

Capital

according

quarter,

13

Period End. July 31—

Railway
Railway

$26,589,705 $22,696,961 $18,699,261
U. S. Fed. and Canadian inc. taxes
16,209,105
8,860,800
7,371,200
after

1949

the company's mines, mill and
not been curtailed by a strike

of

Canada,

second

the

for

oneration

elected Directors.

have been

Hare

Six Months Ended June 30—

Frofit

181,941
318,979

•$418,830

depletion..

income

•Deficit.—V.

2,105,489

Quebec,

494.

outstanding on Dec. 31,
Net

$1.89

Kansas City Southern

per

" 97,458

charges

Deprec.

$1.94

buyer
through H. H.
Buncher Co.,
a
Pittsburgh
(Pa.)
development,, who was given authority on Aug. 12' to sell

been

Net

170,

higher if

entire

small

the public 80,000

old-

„

Other

$1.12

and

sales

Phoenix

the

income tax

Into

"■

the

Institutional Shares, Ltd.—New Directors—

headed

n

$9,390,529

.

Expenses
Net

$3,444,980

*

(& Subs.)—Earnings—

Hudson Coal Co.
Period

*

$3,312,013

Ca--

which began

has

payable, $115; accrued corporate taxes, $4,and surtax—estimated, $4,143; capital
stock (par $10), $1,000,000; capital surplus, $424,140; earned surplus,
$338,308; total, $1,771,456.—V. 168, p. 1255.

Mining & Smelting Co., Ltd.—Earnings—

1948.—V.

$2,219,404

taxer_

Asbetos,

interested

LIABILITIES—Accounts

750;

NOTE—Ore milled from the company's property amounted to 923,820
tons in

period of

at

strike

-

taxes.

income

NOTE—Both

plant

$42,679; marketable securities, $1,713,275;
interest-\and dividends receivable, $15,502; total, $1,771,456.

$1.68

;

net. earnings—/ $6,854,688
per

S.. and

been, somewhat

ASSETS—Demand deposits,

";

"

,

share..

6 Mos. End. June 30—

Earnings

2,034,103

$1,555,375

1,060,732

:

costs, 1948, include $500,000 provided for contingencies in
quarter.
This provision was later cancelled when the lastin-first-out method of valuing inventories was adopted.

7,215
1,008

$378,308
40,000

surplus
paid

Railway

shares

U.

The

294,723

International Rys. of Central

Capital

2,324,850

Kaiser-Frazer Corp.—To Sell Iron Works—

prices in
amts.

International

$1,390,333 $14,769,901 $17,579,888

'

.•Est.

$5,765,600
128,737

1,017,069

first

Jt.

Hudson Bay

$3,300,861
64,388

$0.97

surplus

nadian

$53,732

7,202
1,691

.8,026

1949—7 Mos.—1948

1949—Month—1948

170, p. 305.

'V. 168, p.-1362.

$5,607,-913
128,830

64,369

___

Earnings per com. share

v:

i\

-

$66,432

$71,539.

$66,282
17,303

surplus

Dividends

.

capital

dividends

Period End. July 31—

$956,716

per

32,750,945
31,577,739
2,445,342
5,076,980

dividends

Balance

the

1,818

excess of carry,

Corp.—July Sales Decline 31.2%

Period End. July 31-

Earned

16,496,735
34,491,170
16,086,718
28,806,977
1,225,958
2,511,476
c 2,823,247 i
4,605,736

1,162,425

earnings

Preferred

;

succeed Frederick L.

1948

1949

$76,422
8,154

.

profit

William

8ales

Net

s.

depletion—
_2____
>___

Common

been

17,896,654
13,677,680
1,269,015
2,432,731

$2,882,169

expenses

salaries-.^-

£(Hd

•Taxes

which will
Sale Agree¬

Credit result'g from sale

494.

Howard Stores

•

and

and

Deprec.

1949—6 Mos.—1948
$76,180,959 $77,458,919

other

the. proposed
to

Conditional

said

and

Subs.)—Earnings—

1949—3 Mo ;—1948

$38,158,249 $39,933,519

•

materials,

Wages

suc¬

the
receipt of

after

deliver

and

of Sept.

as

the

to

the bids,

days

ten

execute

dated

sent

be

opening of

L.J

sales

during

-V.

—V.

Net

(&

Corp.

Period End. June 30—

-

,

______________

Previous

$4,302,971

period

income

15,306

170, p. 107.

Johns-Manville

f

Co.,

339,588

$4,504,180

.took

pfd.

to

—

_

the

faxes oh Inc. (estJ

Net

.

$2,351,583 $28,907,575 $25,610,222
1,784,841
22,658,034
19,858,137

-80

income

RR.

resigned

;

Net

Other

—V.

-

from that post.
Mr. Bissinger will, however,
Vice-President In charge of research.—V. 170, p. 494.

as

Total

1949—12 Mos.—1948

1949—Month—1948

1,964,339

Net

i

industrial

$689,891

and

income

tOther

of

$2,654,230

exps.

bid,,

be

counterpart
.

1,511,184
930,600
2,322,680

$1,581,319
5,131

Inland Investors, Inc.—Earnings—

and

operating revenue

Oper.

Ford

who

Income

electric
taxes-..

revenues,

executed

E.

continue

:

Houston Lighting & Power Co.—Earnings—
Period End. June 30—

attached

after

required,

his
to

1,579,110
1,030,500
2,668,855

1,369,840

—

4,835

Industrial Rayon Corp.—New Secretary-

.

Oper.

be

of

Agreement,

Expenses

$606,254
> $0.50

Federal taxes
p. 2314.

provision for depreciation, bad debts,
applicable to minority interests.—V. 169,

charges

will

acceptance

770,430
317,500
1,204,340

556,100

taxes

i

costs

ment.—-V. 170, p. 594.

*
1948

1949
—

on

Mo.

o'clock

12

Terminal

Iillinois

.

successful

hours

6 Mos. End. June 30—

6 Mos. End. June 30—

•Net

before

the

of

11,815,896
1,913,636

808,680

—-

income

taxes

income

.

Houdaille-Hershey Corp. (& Subs.)—Earnings—

Per

received

within 48

bidder

of

Assignment

ASSETS—Cash in banks,
$162,253; United States Treasury obliga¬
tions, at cost, $60,000; marketable securities, at cost, $12,500; accounts
receivable, $54,324; inventories, $18,648; investment in Wyoming-Cal¬
ifornia Petroleum Co., capital stock
(100% owned at cost), $98,000;
oil
leases, at cost
(less reserve
for depiction), $65,777;
wells and
equipment, at cost (less reserve for depreciation), $405,729; prepaid
expenses, $7,694; total, $885,925.

be

of. acceptance

bidder

successful

tDeficit.

1949

Ward,
President,
Boulevard, St. Louis 1,

must

10,338,820
1,845,160

5,441,745
1,043,878

876,942

Other

estimated cost of $283,500.
invitation must be -submitted in duplicate,

this

to

directors

of

at an

H.;;W.

12th

bid

Notice

.

$0.02

,

notice

BALANCE SHEET JUNE 30,

•25,

$54,268-

Aug. 31, 1949.

on

Balance

•Earnings per

to

North

board

the

deprec. of

Gross

$61,659

Agreement

pursuant

addressed

$15,696*
18,000

$32,232

18,000

profit

by

2210.

P.

5,714,854

expenses

for

'Utility
Other

eight electric motored PCC passenger • cars, for financing the
purchase of such cars by the company from St. Louis Car Co. under a
Sale

elected

be

169,

Jersey Central Power & Light Co.—Earnings
1949—6 Mos.—1948
1949—12 Mos.—1948
oper. revenues
$11,389,653 $10,359,213 $22,914,685 $20,624,741

Provision

of

Conditional

will

meeting.—V.

September

Maintenance

company has invited bids for the lowest interest rate at which
bidder will provide the lesser of $226,767 or 80%
of the purchase

price

Holly Development Co.—Earnings—
Jlet

1,750
1,750

Total

This

the

2528.

p.

1,750

Period End. June 30—

;

0,160

>

Request for Bids—

$19,197,793 $18,644,211 $37,855,426 $37,095,300
169,

4,000

Hanna-Kramer Company
Boenning & Co
Pacific Company, of Calif.__
J. S. Strauss & Co

69.93

$313,61$

to

successor

its

Operating income

(The) Hecht Co.—Quarterly Sales Show Gain—

—V.

6,500

Noyes & Co

company.

$630,21$

$365,064

17,

Federal

•Incl.

Sales

Hemphill,

^Jaeger, Chairman of the board, announces that due to
health, O. G. Mandt has resigned as President, effective
1949, after completion of over 23 years of service to the

impaired

$917,061
9,134
-277,711

income

.Operating ratio

Co., Hartford, Conn.—V. 169, p. 1561.

severally

have

below

Quail & Co
5,000
Wheelock & Cummins, Inc.- 5,000

v

Other

$52,078

Sept.

due

named

the respective numbers of shares

company

set forth below:

The Milwaukee Company— 5,000

$6,297,845
4,403,819 '
814,562

$185,423

Net income

debentures

underwriters

indenture

indentures
be issued

the
may

10,250

Sept.

3,764

.Fixed charges

3>/4%

80,000 shs.

mortgage

6,500
A. C. Allyn & Co., Inc
6,500
A. G. Becker & Co., Inc
6,500
Central Republic Co. (Inc.)_- 6,500
Glore, Forgan & Co
6,500
Harris, Hall & Co. (Inc.)
6,500
—"
170, p. 494.

;

$97,207

-

Net ,ry.<oper. Income.;

f

Payment will be made at The First National Bank of Boston, trustee,
45
Milk Street, Boston, Mass., or at the Hartford National Bank &

30-year

first

the

thereto,

C. Langley & Co

Operating

of

under

subject to the terms thereof and
additional bonds of any series

and,

Name

1949—6 Mos.—1948

-

$1,089,302
774,067
99.924

$300,889
1,774
47,037

on

issuable

319,331.1 shs.

1979.

0

1949—Month—1948

Railway, oper. revenues
•Railway oper. exps;___
Railway tax accruals

*

redemption

for

bonds

of

—

560,000 shs.

—'

;

.

______

Jaeger Machine Co.—President Resigns—

Sept. 1, next, $105,000
1971, at 100 and interest.

called

has

company

-

$15)

3,140,000

100.000 shs.

$30)___
pref. stock—__

Gebhard

Illinois Terminal RR.—Earnings—

is

Partial Redemption—
The

1,

(par

preferred stock

W.

been

27/6%

bonds,

Oct.

3,290,000

The First Boston Corp

compared

series

Power

170,

due

UNDERWRITERS—The

of

2,000,000

series due Jan.

agreed to purchase from the

said,

Illinois

31

statement

loans

—:

debs,

cumul.

(par

unlimited

.

appointed
and interest lor

Financing Planned—

expected to be filed in the near future
with the Securities and Exchange Commission and the financing com¬
pleted in the early fall. Issuance of the new securities is also subject to
the approval of the Connecticut Public Utilities Commission;
A

,

Guaranty Trust Co., of New York has also
co-registrar and New York paying agent for principal

construction costs.

pay

the recent omis¬

The

will vote on approving an authorized
icsue of 300,000 shares of preferred stock, par $50, of which it is planned
to issue initially
160,000 shares.
The net proceeds are to be used to
The

of

$22,584,445

—V.

Hartford Electric Light Co.—New

explaining

current year

Illinois Power Co.—Co-Registrar—

:

of not more than 2,000
cumulative preferred stock for redemption on Dec. 1,
share plus accrued dividend of $1.06Vi.—V. 170, p. 594.
drawn

stockholders

dividend.

entered the

company's bank

Tnventorie;

(M. A.) Hanna Co.—Partial Redemption—
There

.-The

2103.

p.

letter to

a

common

company

$9,550,000

series due Oct.

——

stock

series

supplemental

with unu ually large inven¬
tories," Mr. Simon stated.
"Prices were trending lower.
As a result
prices were cut and losses taken.
A substant.al portion of the inven¬
tory was sold in the first half of this year."

$539,572

Net

pref.

•The

is

fund
—:

——

stock

Com.

may

Outstanding

mo,ooo.ooo
•2,000,000

bonds 3y4%

sinking

Cumul.

Foods, Inc.—Cites Inventory Losses—

Chairman, said in
352,000

358,000

215,000

179,000

con¬

$2,900,000.

1978

1975

106.

p.

for

reimburse

to

made.
The com¬
at approximately

Authorized

corporation's inventory losses for the fiscal year ending Nov. 30,
be greater than was generally anticipated, Norton Simon,

1949,

Fed.

&

taxes

income

Hunt

6,225

inc.

beiore

170,

around

at

1975 —
First mtge. .bonds 3%%

5V2%

$1,798,889

879,070

& exp.,

Other inc.

Prov.

$1,785,045

425,776

Selling, adv. & atim. ex.
Profit

$1,007,968

$878,523

—_—

adjustment income bonds.—V.

on

1949—6 Mos.—1948

1049—3 Mos.—1948

Period End. June 30—

1950

i,

4%

Hamilton Watch

for

and

7

CAPITALIZATION AFTER GIVING EFFECT TO PRESENT FINANCING

First mtge.
Gross

incurred
used

construction expenditures already
estimates" construction expenditures for 1949
for

company

$4,814,361

Operating income
Nonoperating income

ratio of quick assets to quick liabilities

to

2.5

v

(691)
program and payment of $1,143,780 of bank loans
struction purposes. The- balance of proceeds will be

1949—6 Mos.—1948

$8.86

■

p'v, '■'/

'

CHRONICLE

RR.—Earnings—

1949—Month—1948

oper.vrevenue

sheet showed

a

End. June 30—

1947 *
$618,975

balance

The

to

share

Period

1948
$523,597

first half if 1949 were 15y2%

the

period

ing
o

& all other res._
outstanding

common

Sales for

.

1949
$165,458
134,010

30—

6 Months Ended June

s

Net

FINANCIAL

&

subsidiaries--

$0.15

NOTE—Prov. for deprec.
&

depl.

&

equip,

of

prop.

amt.

to

pit.

«

THE

(692)

hand

on

United

and

States

Trade

June 30, *49

$1,0784205

—

_______

Treasury

Bonds...—
account;, receivable (net)

&

notes

deposit

on

Dec. 31, '48

$718,105
325,843
1,047,089
1,075,211
171,471
5,597,439

"

ASSETS—
Cash

Inventories
Investments

and

other

(net)——

assets

Deferred

Years End. June 30—

Interest

75,062
906,716

Cash

999,284

Other

05,317

Accounts

payable

misc.

Capital

stock

Earned

surplus

(308,952

shrs.

432,749
7,723,800

7,723,800

par)———

no

V,

There

306.

170. p.

'

July 31-

The
€99

^
company

July 31,

on

year before.—V.

a

$2.36

$3,422,995 net realized profit on investment In
and $10,129,593 in 1947.
OF

AS

CLOSE

OF

JUNE 30,

BUSINESS,

in

banks,

other

realized

net

169,

2529.

p.

F.

ordinate

tions,

Watermulder

the

this

in

and

activities

been

of

Director

the

of

supervise

Personnel

co¬
Rela¬

Period End. June

Sales

stores in operation, compared

&

&

Period End. June 30—
Of

income

Net

income

before

$153,273

the

World
various

199,889

58,581

Total

321,161

647,88$

$94,692

$943,118

income

41,103

60,276

$384,228

$119,464

for

stockholders

2,324,515
1,010,847

$3,692,914

$8,822,182

125,284

229.564

264,055

net

$554,345

$984,221

Net

17,302

income

Earnings

$366 926

share....

per

•In

respect
and

of

prior

pensions

service

to

contributions

to

169,

Canadian

according

Co.,

to

President.
The

in

will

Calgary

have

radioactivity

well

Canadian

301,450

Higcs.

are

Jas.

Rodney

D.

other

Durkee,

C.

F.

W.

taries

Lsne-Wells

provides

A.

Manager,

the United

of

.It

Assistant

Sales

Co.

Slates

services

Miller

is

and
C.

L.

F.

services

50

through

Injgle,

H.

Ludwig,
In

in

in

sales

Net

profit

•Earns,

after

principal

oil

to

taxes__

fields

Despite

Tradesmens

National

2,

Pa.,

101 U

and

interest, of

.Dehteh

&

New

Bank

will

proposals for the sale to it,

'*UL^0V* lf 1975'

2,311,056

$2.76

$2.47

as

England

of

as

—V.

p.

370,

495.

trustee, 1530 Walnut
Sept. 16, receive sealed
*;

of

Oct.

10

the

as

v

5170,

the

for

asset

in

iSOth

annual
*

report

of

Robert

to

the

stockholders.

dividend of $2.95

Started

Sept. 24, 1929,
closed-end investment

value

Other

xy.

Eastern

-

" I

-

Net

"

—V.

the

revenues

of

company

the

business.

d*scloses that

the

Jftory. In the
A

special

ration,
in

largest

this

similar

any

oeriod

in

the

largest

A

ju~t

income

cut sLiat

a

stocbkolder

who

^ corporation when it

paid

was

$104

for

one

share

of

which

of

$129.90

meantime,
paid

from

and

has
the

profits realized

a

on

June

market

received

a

Stockholders of
31, 1929 to 13,732

30,

1949

had

of

$132.00.

total

of

$121.40

corporation's
on

on

of

Lumbermens

1919,

and

with

of

net

ordinary

a

total

This

net

dividends.
income and

asset

$53.74

have

1949,




increased

from

the report reveals.

on

earnings

input of

subsidiaries

1949—12 Mos.—1943

$2,464,173 $33,424,675

$28,042,388

SEC

authorization

September,
more

borrow

to

and

October

than 2%

$825,000

November,

interest.

until

persons

Aug.

25th

to

request

12,960

in

the

•Net

0rl66,O61y
156,329

Net

a

_

of

on

Drl90,ll6
./

184,324

$1,427,269

of

104,224,,

639,937.

'

..

.

$1,614,871

38,291

30,751

395,005

339,823

153

261

2,675

3,598

12,552

535

77,186

41,445

$117,227

$82,734

$1,289,547

$1,320,087

7,704

7,704

92,455

S3,813

$75,029

$1,197,091

$1,226,273

He

in

the

Vernon

retired
was

p.

(Cr)

pfd.

Seattle

State

of

also

is

and

•

$1,173,200
of

Marine

25

;

*

•

from

active

Vice-President and

1453.

a

after

member

23

••

with

years

the

of

board of

/

f

,

7,

1949

100,327

the

realized

V

$2,324,900

98,886

94,308

90,595

83,451

77,569

$2,723,803

period

in

loss
1948

on

and

sale of

$2,445,181

$2,153,025

2,488.514

investments of

net loss

realized

on

2,232,137

$496,153

sale

of

99,o50

1,716,448

1,629,292

150,033

95,639

1.471,337

1,106,276

110,000

95,417

1,305,215

1,037,085

8,767,869

limited-term

17,815
$177,311

$3,090,711

—

$2,571,272

1,420

1,731

5,4ia

$177,366

$3,092,442

$2,576,690

92,151

other

55

$195,510

income
and

17,815

$194,090

revenues

95,211

de-

(net)

$103,359

applicable

to

preferred

841,955

892,137

$2,250,487

$82,155

•

$1,684,553

•

stock

266,856

266,856

$1,983,631

-

Missouri Illinois
Gross

$1,417,597

property retirement reserve appropriations.

as

:r.;:

.r•■•/,

RR.—Earnings—

/

in 1949,

investments

:

1949

from

railway.
from railway______
ry. oper. income

1948

>

1947

"

1946

$347,130
117,216

$465,269

$325,348

$278,852

226,863

125,303

97,950

72,100

129,030

2,136,779
815,531

2,327,803

'

/■

53,764

46,13a

1,956,751

1,584,107

From Jan. 1—

from

Net

ry.

railway
railway^.

from

Net

—V.

oper.

income

«

1,035.025

478,025

865,761

*

535,505

,

575,437

423,209

■

"272,293

170, p. 8.

Missouri Pacific RR.—Reorganization Plan ^Approved
by ICC—Preferred Stockholders to Participate—
Interstate

Commerce

reorganization

for

931,952 for the system,
Those
mision

of

desiring

within

due
The

1947

.

$2,627,518
.

9,826,944

144.687

•Previously designated
170, p. 8. '
?

which

1948

$15,111,794

688,869

-V.

of

service

1949—12 Mw.—1948

$1,156,936 $17,428,470

769,808

income

Gross

banking offices
Washington.
The First
a
subsidiary of Marine
•

1949—Month—1948

$1,386,433

revenues

Income

Dividends

Net

4

-

1947

$1,126,986-/ $1,234,153
principal subsidiary

in

expenses

10

plan
was

Appeals

plan

the

60

days
will

this

modification

days from
later.
then

Eighth

latter

had

Commission

the

of

Aug.

2

a

Circuit

approved

in

2

approved

capitalization

of

plan

a

$611,-

12.

must petition the Comreplies to those petitions will

plan

and

to the Federal
September, 1947,

in

for

the

Aug.

on

with

go

directed

$559,890,000.
The

Commission
company,

it was announced on Aug.

to

District

the

by

return

1944
'

to

with

Court at St. Louis,
U. S. Circuit Court
the
a

Commission

capitalization

the
of

\

held the MOP common stock to be of no
value, but said the preferred stockholders, "in view of the amount
of
their
claim," are entitled to all the equity 4n the reorganized
again

remaining after satisfaction of creditors' claims.
In the
plan, the Commission found the preferred not to have any value,
the common and preferred stockholders took the plan into

company
1944
and

both

Court.

provision has been
a

stock

'•

Net

1648

$2,914,725

for

(Cr)

expenses

ductions

622,798
$786,44?

,v

1949

offices

5

Mount

169,

as

$1,604,690

debt_

June—

$787,332S

y.iyy-

-

Commerce,

has

has

$77,678 in 1947.

files

760,825

$112,687

$1,409,245

2.767,110

NOTE—No

110,796

2422.

oper.

Net

67,929

-

gain of $273,901

Company

822,326

853,415

disct.,

expense

of

Interest
.'

$1,341,316

$196,074

Dividends
net

(1.040,068

\

investments

10,586,895
1,294,37s

67,200-

'

communities

income

127,653

$142,813

taxes

Amort,

$13,597,029

9,685,902
1,658,457

.

$1,360,069.

; 105,959..

_

•Before

110,796

158,637

taxes

Gross

$300,298

-

$110,494

y/'yu

Bank

and

603,500

9,233

$109,522

&

169, p.

Other

first

$285,713
' 14,585

.

14,402

$4,535

now

Saberson

fees

3,579,150

695,500

taxe

debt

of

Federal

a

branch will be opened at
Northgate, the suburban development
north of Seattle, on Aug. 1.—V.
168, p.-1904.

L.

$7,584,053

3,542,926

53,416

acquis.

Period End. May 31—

1949—6 Mos.—1948

Dr30,093

$96,092

■/;

National

Bank

$7,754,806

331.230

62,500

of opera¬

year

$2,295,695 $13,026,818

—.

other

1949—12 Mos.—1948

$634,221

9,233

plant

long-term

Operating
Operating

year

with

new

Other

it

Dec

of

293,624

income

Other

Compensation of trust, and adv. bd.

from

4,614

—

agent

Mississippi Power & Light Co.—Earnings—

Earnings Lower—

25,428

(Dr)

current

$16,541,470

169,419

3 Months (Ended June 30—

of

corporation
June 30,

—V.

Mutual

compare

the first

.1,797,510

etc.—

170, p. 206.

Income

the

of

System

1949—Month—1943

.

Balance

the

Massachusetts Investors Trust—Earnings—

-

.

value

in

$67.66

transfer

1152.

kwh., an increase of 11,corresponding week of last year.

during

depreciation.^

Other deductions

be

capital stock

shareholder,

in

vote

This

88.337.000

the

interested

•Depreciation

the

and

1949—Month—1948

_____

directors.—V.

investments.
the

in

1,518,770

_______

this corporation.

originally

value

given

income

on

The

issued, Sept. 24, 1929, and,
kept ills investment continuously since
then, now holds three shares of
w

sales

Masonite Corp.—Official Retires—
E.

was

of
the report discloses that the
corpo¬
began operations with a paid-in
capital of $100,000,000
has disbursed quarterly dividends without
interruption since
1930 in the total amount of
$81,639,172.
The report points

to

requested
banks

taxes

prem.

excluding
corresponding

section

which

a

$666,807

inccme

Amort,

type

year was

1229,

June,

Int.

1335.

Bancorporation.
•

corporation's

year ended June 30, 1948, net ordinary

historical

General

After

the

in

premium

117,129
Or22,949

interest,

National

and

management

net ordinary income for the fiscal

of

2.4%

the first half
Haviland said,

p.

'

income

The

,

*.^^0
54.586,763.

22.1%.

of

(American)

as

$1,734,470

—

income,

oper.

income

serving

pay-

year

to

last Janu¬

v^.777

of

Federal

one

week ended Aug. 13, 1949,
with 43,166,000 kwh. for the

increased

Department,

rents

Bancorporation,

the

compared with

fiscal

which

on

Net

1949

in

share, after

1949,

preceding

date

30,

put

Bank

$10,000,000.

appointed

166, p.

the

1949,

11,

over

adjustments

The

equals

peso

Marine Bancorporation (& Subs.)—Earnings-^

Share—

June

been

1949—Month—1948

expenses

for

Amort,

the

for

income

1948.—V. 169,

income

Gross

■

announced

per

June 25,

on

of the

per

on

President,

This

share

a

on

Diwllicfl

corporation

Lehman,

«°,n,f!nc 30, 1943, the close
$33.33/3

with

acquisition.

Cuban

$60,158,341
.

share

per

$43.30.

of

time

one

production,

state

premium

facility rents

Net

ex¬

1949—Month—1948 ,1949—6 Mos.—1948
.

value

to

of

decrease

a

industrial

.*6 Months Ended June 30—

iNet

has

Balance

Corp.—July Sales 15.4%— Lower—

(The) Lehman Corp.—Asset Value
$43.30
Amounteo

Aug.

revenue

Prov.

this company and affiliated companies rose
$20,174,183 for the six months ended June 30,
Vice-President and Eastern Manager, announced

Taxes

Joint

date for

$9,125,212 $50,792,168 $60,265,860

SEC

Net

Period End. June 30—

Operating

'

306.

p.

year,

premium sales for
records, Mr.

$50,000

Rentals,

—-V.

the

at

par

compared

as

Operating expenses i*

v

Lerner Stores

the

Maine Central RR.—June

plan. -• The bondholders are being
exchange in advance of that date.

bonds for

Period End. Ju'y 31—

assets

at

previous

Equipment

forward

has

Milwaukee

Operating

American

company

York

New

six months of

Lehigh Valley RR.—Oct. 10
Exchange Date—■

to

be

of

of

of

Haviland,

in

all

total

1, 1949, at prices not exceeding
mortgage bonds, 3%
series B,
purchase, whether offered by the
by others.—V. 170, p. 495.

or

will

loan

hearing.

Gross

Casualty Co.

Co.,

p.m.,

fTbe company, it is stated,
expects to set
change of bonds under its adjustment
not

fixed

utilities, local sales

total

T.

J.

broke

Oct.

will

Co.

Trust

3

it

The World

169, p. 2421.

decreased
a

Insurance

V

first

many

RR.

&

.

requested

of

figured

are

Department
to

operates

306.

p.

has

value.—V.

amounted

15%,

Period End. June 30—

$3.11

.

15.
The Department, which celebrated its 30th anniversary
week, includes the states of Pennsylvania, New York, New Jersey,
Delaware,
Maryland,
Virginia
and
North
Carolina.
The
company

2,080,043

$2.21A;'

until

$95-°49

as

$4.46

Aug.

tion

-Philadelphia

South

*2,951,521

$4,226,877

last

Lehigh & New England RR.—Tenders Sought—The

value

other

Eastern

1947

•After deduction of preferred dividends
paid.—V. 170,
~-V.. 170, p. 495.

St.,

par

its promissory notes at not

Dividends

$25,717,417 $19,161,405

1,860,039

that

interim

an

425,000

Lumbermens Mutual Casualty Co.—Marks 30th Anni¬
versary With 21.9% Sales Gain—

1949,
1948

$21,441,192

__

stock....

com.

The

period.—V. 170, p. 595.

on

1949

__

estimated

share of

per

412,474

Coast

operations.

(James) Lees & Sons Co.—Earnings—
_______

the

of

output of this
totaled
33,625,000 kwh.,
corresponding week last

its

Six Months Ended June 30—

sales

'

250,000

results

results

21.9%

Net

528,817

a

Electric

Secre¬

Gulf

of

with

Bank

$1

ended

company

on

Gross

affiliate, Petro-Tech Service Co.,
Venezuela.—V, 170, p. 7.

in

236,385

due

Proceeds of
loan, together with $175,000 to be borrowed during
August, would be used to finance coal purchases and maintain work¬
ing capital through the first quarter of 1950.

Louisville Gas & Electric Co. (Ky.)—Weekly Output—

principal

Assistant

formerly
charge

branches

week

two

ex¬

rates

U. S. dollar.—V.

_

N. L. Dorn, Morton T.
Vine-Presidents; D. S. Jeppson,

Vice-President

maintains

and

foreign

dollar

Cuban

President;

Treasurers.

and

The

Lane-Wells

Ludwig,

Secretary-Treasurer;
Division

the

on

in
Edmonton, and a sales i
facilities in gun perforating,

maintain

and

S.

Hughes.

in

After

security holders.

S2.049.C24

1949,

278,903

"

subsidiary companies in¬
cluded above are figured at the average exchange rates but subject to
the special provision shown above.
Depreciation and depletion is based

fields.

oil

Officers

logging

499,184

to

mort¬

5s,

Milwaukee Solvay Coke Co.—Seeks Bank Loans—

headquarters

will

and

173,377

Co.

Mississippi Power Co.—Earnings—

Durkee,
,1:

unit

new

office

National

stock,

corporation

from

(do¬

foreign)__
charges
(includ.

NOTE—The

S.

288,699

Light

170, p. 108.

The

profit
$2,640,159
$2,0^7,785
profit per share—
'
$2.78
$2.15
•Based on 948,597
shareg'outstanding.

>

Rodney

1,509,748

Net

Entry of this company into the Canadian oil fields on a major scale
revealed on Aug. 18 with the formation of a
wholly-owned sub¬

Lane-Wells

2,206,981

•Net

was

sidiary,

990,180

surta*.

and

cline

Lane-Wells Co.—Enters Canadian Oil Fields—

1

674,835

1,352,356

$6,306,000 of first

Electric

un¬

due

are

400.

p.

kwh., or
170, p. 595.

—V.

income

normal

change

2105,

1,164,887

which

Miller-Wohl Co., Inc.—July Sales Off 16.8%—

for doubt, accts.

$0.71

Employees' Retirement
outside plan, less at¬

p.

380,471

the

Mexican

approval.

of

Period End. July 31—

Special prov. against de¬

$528,986

$1.26

v:a,

retired

taxes.—V.

the

—V.

$5,827,481

contingencies)

/

employees

Income

$942,494 •'/

$0.15

$9,051,746

643,667

prov.

25,409

41,727

$110,460

,

paid

tributable reduction in

V/' : 9,004

$0.49

•

;
.

Plan

.

$3,818,198

include

of

two of

World

maturity

(other

taxes

and

Misc.

■V"'

subsidiary

,

$5,476,331

and

of

Chase

this

$5,563,426

118,224

bonds,

the

by the long-term loan of $26,000,000.—"Wail Street

170,

569,000

925,615

$5,358,107

mortgage

of

is

It

program.

extension

an

sources.

the

Middle South Utilities, Inc.—Weekly Input—

2,208,898

505,563

Other inoame taxes
mestic

in

1,163,574

510,801

income)

Federal

Equity of minority
income

refunded

common

For

1,190,192

expansion

for

from

structure

Michaels Brothers, Brooklyn, N. Y.—Transfer Agent

15,378,280

exp.

income

than

$494,069

24,772

Prov.

tax
Net

for

company

Sales

20,085

res._

be

The

depletion.,
profit

first

expected

capital

company's
$26,000,000 loan

and

is

company

according to reliable

the

provide

These Issues

groups

the

Journal."—V.

■->

$364,143
from

admin,

will

$2,755,100

Bank

provided

would

of

Miscellaneous Income...

$815,230

$1,591,004

V.

:

profit

•Transferred

and

Operating

$564,032

.

state,
& forIncome taxes

Net

&

Deprec.

1949—6 Mos.—1948

the
729.

p.

rank on
equal terms with the three first mortgage
recapitalization plan, which is being drawn up by First
acting in an advisory capacity, will soon be submitted

the

the

16,984,730

was

York,

164,

will

The

„

9,119,463

9,432,243

vacancy

New

Corp.,

$4,927,913 $10,428,265 $10,888,580

in-

taxes

Federal,
reign

Selling

19*9—3 Mos.—1949

products..$4,552,067

>

sold

been

loan

$16,491,343 $14,481,514 $29,142,274 $24,076,219

shipping costs
of
purchased

cost

long-term

1949—6 Mos.—1948

1949—3 Mos.—1948

-

Mfg.

Lambert Co.—Earnings—

30—

of

7

Corp.,

have

and $1,977,132 of Pachtrcha Light & Power Co. first
mortgage
due 1967.
Under the proposed recapitaliaztion
plan, the World

ary

Lone Star Cement Corp.—Earnings—

DM9—Month—1848
1949—7 Mos.—1948
$11,605,214 $12,927,770 $83,580,348 $82,679,609

Aircraft

Co.,

One

Templeton

weexs,

construction

of

1950,

to

and

Public

and

directors.

M.

strengthen

a

plan

February.

due

of

Administrativer Vice-

will

post

The Treasurer, and the Secretary and General Counsel.
Watermulder, for the past seven years Treasurer of the Quaker
Co., Chicago, will begin his new duties Sept. 20.—V. 170, p. 495.

cement

Sales

In

its

the

issues

issues.

appoinied

created

of

John

five

or

to

for

finance
that
three

5s,

1950,

Cambridge, Mass.—New Official

has

board

of

Vultee

Aircraft

Solar

bonds

•

newly

of

Bank

investments and special dividends paid,
net ordinary income, $4,987,826;
total,

011

Lever Brothers Co.,
Louis
President

$144,816,646

Mr.

The company on July 31, 1049 had 253
with 247 a year before.—V. 170, p. 306.

to

of

four

designed

qualify

can

date

(6. H.) Kress & Co.—July Sales Declined 10.2%—
-

it

so

Bank

stock ($1 par value), $1,547,077; capital
less—300 shares held In treasury (at cost), Dr$9,-

profit

Menasco's

resignation

public in

is

Boston

170, p. 308.

-Period End. July 31—

made

plan

derstood

undistributed

of

the

Consolidated

of

director

a

long-awaited recapitalization plan for this

be

The

capital

surplus, $80,712,982;

Leigh,

members

by

director

a

T,

Mexican Light & Power Co., Ltd.—Plan Near—
to

$65,632,128.

$104,921;

$24,103,718

having been unfilled during the past two years.—V.

1943,

1949

dividends

$1,863,883;

$4,218,137 $23,607,883

Manufacturing Co.—Two New Directors—

Laddon,

created

$i.38

mature

taxes,

Oats

Bales

M.

Charles

elected

1,946,777

y

1948

SHEET

total,

799;

had 701 stores in operation, against

1949

Menasco
I.
and

1,940,7771,946,777
$1.93
$1.74

1,946,777

___

of

7

1949—6 Mos.—1948

170, p. 306.

*1

share

per

Z)r$22,247,757;

j

$20,724,769 $21,422,918 $145,950,031

2,628,149

'

-

4,341,313

1949—Month—1948

$4,055,601

—V.

gage

1949—7 Mos.—1943

1949—Month—1948

-

-

2,993,037

-v' s

ord.

outstdg.

$65,632,128.—V.

Period End.

$2,692,004

Co.—July Sales Decreased 3.8%—

Period End. July 31—

and

(S. S.) Kresge Co.—July Sales Decreased 3.2%—
Sale.;

$3,399,905

1670.

p.

Sales

LIABILITIES—Payable for securities purchased, $20,299; notes pay¬
able for securities purchased, $116,579;
reserve
for accrued expenses

1949—1948

•

169,

The

operation in July, 1949, against 309 a year

stores in

304

were

ago.—V.

481,C38

$3,762,392
:
3,815,633

par

McLellan Stores

receivable and in¬
terest accrued, $544,715;
U. S. Government obligations (at average
cost),
$12,751,072;
other
securities
(at
average
cost),
$49,114,974;
miscellaneous investments and advances, $1,357,483; real estate invest¬

$2,381,000 $17,530,000 $17,050,000

82,194,000

—

494,791

at

working
—V.

23,140

$4,588,763

on Aug. 12 filed a letter of notification with the SEC
shares of 5J/2%
series
first preferred
stock
to be
($100 per share), the net proceeds to be used for
capital.
Underwriter; Roy E.
Hawk & Co., Athens, Ohio.

2,000

offered

60,845
460,025

ASSETS—Cash

Declined 7.8%—

1949—Monih—1948

July 31—

23,551

66,004
448,471

income

stk.

par)

ment,

_

25,081

70,711

__

BALANCE

secondary distribution on Aug. 10 of 10,000 shares of common
stock
(par $5) at $43.62Vz per share (net) through Dean Witter &
Co. was heavily oversubscribed.—V. 170, p. 595.

Period End.

$3,236,014

72,420

net

$3,069,942 in

Tbe

Sales

$3,937,931

39,712

from

cap.

(no

$9,532,291

Co.—Offering Oversubscribed—

(G. R.) Kinney Co., Inc.—July Sales

$4,339,822

exps

•Exclusive

U, V;,' 'VrV'V-:->V

Kern County Land

98,008

Co.—Files With SEC—

The company

covering

45,222

fcxps._

ordinary

Earns,

$9,438,955

——-

169, p. 1885.

103,499

$5,195,686

-

oper.

Slirs.

998,399

1,207,666

Total

236,274

1946

stock &

cap.

income

•

—V.

273,250

etc.,

Divids.

45,849

179,901

income

on

3,546,241
54,733

2,879,378

386,940

3,707,612
113,715

taxes

•Net

331,493

80,118

taxes

$213,407

in secur.

trans.,

Other

$9,532,291

247,469

—————

taxes

Federal

1947

$228,458

4,282,277

income

Franchise,

LIABILITIES—
Accrued

McBee
>J.

1948

$253,221

income

Total

119,438

$9,438.955

———

Monday, August 22, 1949

ACCOUNT

1949

dividend

Reg.
—

INCOME

CHRONICLE

$253,219

earned

Taxable divids.

5,703,067
440,980

charges

Total

FINANCIAL

209,536

438,478

Pioperty, plant and equipment (net)-—*
Investments in and advances to subs,-

&

COMPARATIVE

SHEET

BALANCE

COMPARATIVE

COMMERCIAL

"remilateri

made

for

lnvestinerih

Federal

.r>nm..anv

income
,UV

taxes

Ifio

n

since

The capital structure of the reorganized company will consist of
$21,174,665 equipment obligations (undisturbed), $207,435,699 of first

Volume

and

$83,409,899,
would

bonds,

4%

mortgage
be

Number 4831

170

divided

C,

series

of $143,594,632 of series A

4Vi %

bonds,

income

$100,

class

jnto
be

be

834,447

A,

class B dividend,

$40,615,900,

total

"

"

consist

fixed

,*
of

series

interest

shares

shares

of

no-par

entitled

and

to

Commission

1944

plan

fixed-interest

said

The

$7,271,990

from

to

*

creditors

Senior

their

will

claims.

receive

allotted

over

face

in

$35,453,866,

sum,

MOP first and refunding mortgage bondholders.
of the system will receive cash and/or new securities
principal of their claims and unpaid interest to Jan.
The exceptions are holders of International-Great Northern

1948.-

reorganization,
will

receive

their

A

of

New

of

class

of

A

\

new

general

(at $100

common

mortgage

of

that

date

Jan.

their

Judge

H.

G.

the,

bonds

and

;

balance

reorganization

of

On

157,

996.

p.

....

to

International

of

made

was

^> V

nine

Louis,

■

from

put

sale

this month.—V.

179, p.

July

595.

-

15

and

'

.

Rand,, President,, cn

sidiary,

Aug.

1949.

is

tralian

of

Council

in

the

State

of

Victoria

for

to

Noting
since

the

These:

adopted, by

were

the

shareholders.

permits

This

the

it will

t

0.34%;

that

''
cu,

i
ft/

employment

had

that-

the

.The

declined
extra

no

employes

aroqpd the-clock

of

because

the Central's

be

in

in'a

expenses

v

Period End. July 31—

1949—Mont!: -1948

Sales——" $77,005,376 $97,832,706

108 and 307.-

7,7' 7' y *-'.*• o*

however,

//

*

and

charges

'After

after preferred

taxes.

tBaSed

dividends,—V. 169,

7

6 Months Ended July 2—

company

sale

Telephone
Public

'

refund

to

I-

Earned

Sales for
V.

earlier

-V.

$3,323,000

increase

over

bit Aug. *17

new

of

Purchases

tributors

for

on

15

Aug.

Mptorob/s

»

The

p. 595.

by

of

sets

a

dNct

'

television

1950

sets

authorized

'

•

*" •"

"

•

'

'

'

;

Jurie 30—

section

170,j

National Fuel Gas Co.—Dissolves Subsidiary— '

Sche¬

SEC




10,420,189-'

share..

loan

$0.79

during

to

the

$0.68

reduce

$16,000,000,

the

amount

Mr.

of

Earle

reducing

Machold,

J.

the out-'

President,

The corporation-

about

to

the cor¬

paid on

was

1949,

$40,000,000 in 1945.

outstanding

$1.09

$1.26

of $4,000,000

first half

$12,000,000

of

electricity

during

the

first

six

of

months

by

totaled*

1949

„

•'

*

..

1.

•

.

-

-

'

...

•«

u

^

Ended—

t:
June 30/47

$454,913

sharp—...,..

per

July 3/48
$467,816

593;750

593,750

$613,532
296,875

$0.77

$0.79

t$1.04

July 2/49

shares.

and

....

...

t Ad justed

charges.

to reflect

stock split in*

2-for-l

1947.

Earnings from Jan. 1, 1949 to July 2, 1949 amounted to $956,981?
$1,62 per share.
In the
corresponding
period a year
ago
net
profit was $1,069,832 or $1.80 per share.-r-V. 168, pp. 2327, 2435.

Norfolk

Western

&

oper.

Ry.

Co—Earnings1949—8 Mos.—1948

1949—Month—1948

■*

$85,073,448 $88;625,004
62,668,628
60,583,98$

$13,389,293 $17,621,362

10,357,751

11,032,478

$3,031,542

expenses.....

$6,588,884 $23,204,820 $28,041,015

*

Net

ry;

oper,

revenues

Ry„ tax accruals....... '

1,908,707

*

3,512,597

16;257,197

13,291,394

$9,913,426 $11,783,81s
Ur795,658 Crl,339,629 Cr4,559,241 Cr6,263,411
7>rl4,612 - Dr20,621
Dr92,248
Dr97,640

$1,122,835

facility rents'(net)

Net

,

$3,076,286

Interest

Net

288,201

-

•

-

152,989

$1,821,569

fund",

reserve

>

101.924
65,000"

*

625,845

573,503

390,000

96,918
166,666

1,000,000

income—/ $1,654,645
$4,116,794 $13,217,161 $16,302,953
!09.
:.y■'

170, p.

$10

Los

value

par

Consolidated—Listing of Stock;—

capital/ stock

Angeles, §tock

Exchange

has

admitted

been

15.—V.

Aug.

on

Northern Engineering Works, Detroit,
r"" /

EARNINGS

FOR

SIX

MONTHS

ENDED

to

168,

42,330^

share.-r-V.

the

167,

fiscal

ended

year

Oct,

31,

on

Mich.—Earnings

APRIL

1949'

30,

(approximately)
ll—
Profits/after all charges and Fed., inc. taxes——
Earns; per Share on 149,352 shares outstanding...
"Net earnings"for

dealing
1585v

p.

Sales

439,093-

$17,876,^58

'$4,380,377 $14,233,005

.

North American Oil

the

108,745.

111,720

debt

1___"

894,396

773,138

142,162

-

$4,537,456 $15,153,556 $18,843,976
157,079
920,551
967,520

Balance of

—V.

$1,847,779

$2,547,390

69,783

'

funded

on

$4,395,294 $14,380,418 $17,949,580
,

$1,974,558

income

'

*^67,799
:

..1

—appropriations/,;
Misc.-appropriations

'

$1,903,881
70,677

Total income

$1,671,235-

138,809.

incoineJ

oper.

Sinking &

1947

"

57,660

309,021..
.

ry.

income

Other

".

^

$2,449,065

"capital
on

'*

"

$1,350,000

v •

160,000
•» $1.07

/

r';

1948.equalled.$2:16

944.

p.

as

$2,147,469

$1,366,350,

Crl40,105"Crl,039,583

ets

/..•;

Cr271,798

134,-702

159.080

..

232,000

The

.

4"

tax-

nrofi't'' for. period-1—r

—V.

for

153660

"410,000

169/ p.

806.*

-

./ Niagara

Holders—r-*-.?
Securities

tentative
.

its
,

three

New

*

$1,483,148

1.063,290.

1,329,112

$1,238,864

-

.

share

The

231

and-

Corp.—SEC Tentatively Ap¬
Plan—No Participation to Warrant

•..*

y."

Exchange

Commission •'on

•

> - 7 /

Aug/16

^

tion,

after

company?

be

consolidated

which

/

-

Niagara

*•

Commission

-

•

into

an

Hudson

unnamed

would
*

••

§aid-final

new

:

^

announced

as

a

*

/'minor changes"
proposals and liquidation plans advanced bv the oarent.
approval

hinges,

on

Continental

So. La

of

the

held

National

Illinois

Salle Street,

shares

the

right

subscribe" at

to

common

stock

warrants

record

of

Bank

Chicago 90, 111,,

common

subscription

PURPOSE—The

construction

net

program

as

to

&

Trust

not

be

of

Co.

subscription

is

are

are

proceeds
in

which

estimates

that

its

1950

and

will

require

of

-

purchased

Chicago,

agent;

subscribed

for

.

*

througlv

the under¬

by

1951

which, $7,090,000

will
the

be

applied

company

construction-

to

is

the

cost

of

engaged.' The

for the
aggregate 'expenditures of
program

the.
com¬

1949,^
$46^00QrOOO,
'
/
years

expended to June 30, 1949.
required to carry out this program
present cash resources.
Depreciation accruals
and undistributed earnings over- the period will provide an estimated'
$10,500,000.. Approximately $4,642,086 will be provided* from the pro¬
ceeds of the sale of the additional shares of common stock, and the
;

was

,

About $11,530,000 of the funds

Will

holding-

,

offered

are

shares

seven

pany

operating, corpora¬

dissolved

be
*.*

each

writers.

approval of plans to dissolve this cornorafion and to merge
major subsidiaries, Buffalo Niagara Electric Corp., CentralPower Corp. -and
New York Power & Light Corp.
These

would

for.

ejcercise of

Power

....

shareholders

common-

•''

:

•

Co.—Rights—

stock at the rate of
Aug. 11/ 1949.. /The
right to subscribe for shares will be evidenced by transferable sub¬
scription warrants exercisable only as to full shares.
Rights eXpire
on Aug. 29;
1949.
/
""
r
,. r

$419,358

York

units

:

Hudson

Dissolution

proves

*

-r

$,15,375 per. share, for 311,654 shares of

'

"7

"

1,594,935
$627,533

...*

'

*

$2,617,977"

$2,222,468

paid__'i__j_:,
periods.

-«

•

.

Northern Indiana Public Service

foreign

be provided out of

r

has.'granted, an- exemption from certain of its rules under
ill.the merger
trie/ Holding Company Act to National Fuel Gas Co, and Hanover Gas.-1 A sDOkesman for ; the SEC predicted "Tittle of. no difficulty" in
Corp. for the dissolution of the latter company and the distribution of,
reaching agreement on the proposed modifications,
its. assets,-in the form of a'.liquidating dividend,' to the former. {
'•'•■..The principal .'objection of the SEC to the plan wa$ in connection
'^Hanover's remaining assets, -after the payment of .current liabilities,
with distribution; of class A common stock .in the proposed new com¬
consist /solely; of cash add government securities.—V, 169, p. £.754. *
pany to holders' of Niagara Hudson's new outstanding first and second
/■
The

2,424,025

12,046,166

'

Joint

:

•

$2,827,869

at source

dividends

The
.

2,424,025

6,564,262

profit.

I The

272,741

dividends

The

*

/

1,212,013

7,575,147

of this year..

October,

VAU

r

\

1,212,013

Ry. bperating income.
Equipment rents :.<net).

National

of

1949
""
1948
$2,495,263' $2,330,921

*

:

salft. of

rm

Surplus

company's dis-*

' ' /' .'J

'

qr

Ry.

•

rose 115% over the
period last year.—V. 170,-,;

"J-',.*/.,

on

period End. June 30—

this

Corp.—Earnings—

expenses

withheld

Net

purchased
same

12,844,214

The loan "was originally

After taxes

;

1949—7 MOs.—1948

59.865"

profit

Cash

Stellner,

purchased during the

2,876,020

14,470,191

Corp..

■

one

Vice-President in charge of mervv.- *
/•' /
•

Walter- H.

number' of

-

by the

2,876,020

7,776,275

4

.

Provision for Federal income

August and September delivery were up 103% over pur¬
in the same period last year, it. was announced

chandising.

number

television line

1950

1,438,010

8,787,160

Number-of capital

■.

:

,

"

delivery

chases. for

1,438,010

5,817,810:

15,7.20,234

pfd,

oper. .revenues....*,

of Bank of America

service- in

provides

Balance

radio receivers.,

17,346,211

'

.

>

9,214,285

,r

per

"

Television Sales Up 103%—

:

21,538,044

5,865,804

affected.*

-

th. t

television and

23,212,015

2,749,566

;

♦

Exploration

Pres./ said

of

11,963,851

.3,143,920

cos.__

principal

Quarters

esti¬

issue of equal-amount,—V.

for services.ff^-ii-fw—*-—-

Fees

Taxes

line

13,369,090

Noblitt^Sparks Industries, Inc.—Earnings—

.

$9,324,606 $10,705,290 $36,259,548 $65,152,975'

Net

its. hew "1950

21,552,232
Drl4,188

;

L

received
a

1943—Month--ll348"-

July 31—'

; 6 Months Ended
Dividends

that the figures 'amply supported" his:
Motorola's level of business would probably 1
the 1948 level. He noted that the high sales volume was,

of

support

Dr8,372

factured gas were 5,333,019,900 cubic feet, compared with
5,666,039,000
cubic feet.—V. 169, p. 2422.•

equipment .trust certificates.
The
from the Reconstruction Fi--

of

be

company

170, p. .307.

Interest

and

particularly, gratifying .at this time/ with Motorola set to launch the
greatest sales and merchandising campaign in the company's history

ip

1

Commission/

Newmont Mining

$33,822,368 $26,918,540
1,650,040
*
..
$2;06

the, 6 months set a peacetime record.

Galvin,

23,220,387

Dr44,920

^

Stpcks, Inc.—Transfer Agency Discontinued

Mariaville'

Period End.

___________4-_.-—$2.39

prediction

12,008,771

Dr48,476

kwh.* compared with 6,055,036,088 kwh. for the similar
1948.,. Sales of natural gas for the first six months totaled;
36,430,014 therms, compared with 36,545,379 therms; and sales of manu¬

''r'-r

(J. J.) Newberry €0.—July Sales Off 12.9%—

■

r___—1,908,256

...

share

per

18,739,375

period of

this,company of the Mariaville. & South Schenectady
system was approved on Aug. ^12 by the New York'
The purchase price will be $5,300.
"
I

Co.

Service

The

"

1948

9,445,668

19,649,428

LOAN REDUCED—A total

Sales-

an

.

r Total
income
Expenses and "taxes:

'

9,665,227

9,695,611

-1—_

on

Power

5,908,943,974

nectady County.
Its territory adjoins the Schenectady and Amster*-;-:
dam'exchahges of the purchasing firm.—V. 170, p. S96. T
"

1948

1949

5,388,457

13,417,566

—_

sub.

to

Dec. 31

New York Telephone Co.—Acquisition Approved— ' .y

•

'/v v"

$

$

&

The

-

v.i

capitalization

1949—12 Mos.—1948

1948

6,271,883

_

_

requirem'ts

reported.

annually,

public will be little

the

It it* announced that the appointment

;

7/ ^

1993.

»•

gales
Net earnings

P.

present

on

ACCOUNT

$

6,241,914

_

per com.

expects

Savings. Association, Los Angeles, Cailf, as transfer agent for
the $1 par special stock, all series; has been terminated.—V. 170, p.
586.;,

'■-*

Inc.—Earnings—

Motorola.

p.

-

/.

date of

effective

the

on

10,260,414

income

standing

position to "say definitely—
millions of dollars

by

Commission

Commerce

this-purpose 'Will

New York

s

Trust

*1947"
Net sales TZ————^—7.—— $12,905,529 $14,396,776 $12,713,636"
°Net profit
7-311,972
684,780
774.554;
1"Earned per common share—1—-•
$0.55','
$1.29 -,
$1.47
1949

-

.

1.
option
fully

is

10,225,170

income

of

BANK

Ontario & Western RR.—-To Refund Loans

Sales

6 Months Ended June 30

July

this

'

change

Moore-Handley Hardware Co., Inc.—Earnings—

last

indebtedness

69,920,259 139,443,902 134,102,572
63,814,026
61,374,852
31,291,097
10,756,131
11,413,629
5,425,417
12,234,314?
11,681,205
6,110,906

5,626,433

__

taxes

'—I:—

poration's bank

*

'

Corp,,: who will purchase
496. '
,

P.

1949—6 Mos.—rl948
$526,623,193 $605,866,092

.77:7^*'.

INCOME

29,384,882

-

require,

Earns,

$300,000,000

;

49G.

to

for

funds

cease

1949—6 MOS.

Balance

business

Commission
some

<

and large,

By

interstate

company

of

as

exercising

the

pfd. stocks of Niagara

operation.".

lessened

Commrce

would

cost

is

one.

pance

Montgomery Ward & Co., Inc.—July Sales Off 21.3%—

—V. 170, p.

will

71,203,092

___

—

inc.

inoome

Earned

cost—arid

the

p.

share

a

not

able

be

Hudson
$16,000,000 back

Hudson's

after

stock,

new

will

effect

his Niagara

:

deductions

Dividend

■

additional

the "Interstate

estimate,

month

increase

170,

in

the

warrants

:

stocks

v

.

>•

in

Balance

DiVr

of the new work week would
$450,000,000 a year, largely because,

necessity of hiring many
is essentially a 365-day,

New York

,

-

-

stock

desiring his
for

1950.

the

income

Gross

I

adoption

adidtional

an

board's

quirements.

its preferred or common stock on. .the stockexchange if at anytime it may choose to do so.
^
Monsanto' Chemical
Ltd.
(the British company)
and
Monsanto
Chemical Co... together hold approximately 94% of the common stock
of
the
Australian
company
which
has
its
headquarters
at
Mel-,
bourne.—V. 170, p. 595.
''''7"
77 ."/

:

in

revenues

Can-,

Income

year

a

To help reduce the financial impact, the Central, like other rail-r
roads, is making some changes in its services at freight and passenger
stations,
after- a
detailed
station-by-station
survey
of- traffic
re¬

—V.

the

common

.

taxes

Other

.

estimated

that
this

share

a

new

out¬

listing

for

apply

electric

reports

the1 approximately 83,700 non-operating employees
System v/ill switch from a six-day, 48-hour
five-day, 40-hour work week at virtually the same'
20% wage increase.
v' 7
•
;

a

the

Whatever

•

the

to

of

the

common

of

,

Operating

Association—Output—*„■

Association

nationally.

company..'-;..--.
7.. 17.'v
/ '•"."•7,
meeting, new Articles of Association were prepared
requirements of the Melbourne Stock Exchange.

same

this

Central

a

which

the

mated

the

of

name

conform

to

creates

receive

1,

railroads

industry

•

At

&

Other

Central RR.- -To Inaugurate Shorter Work

York

board

the

during

.77"*"

Centre! officials said.

^

consent

12,

Aug.

company's

new

one

.

out of every five railroad workers—results-from recommendations
presidential emergency board last Dec.-. 17. • ■/
■%'* ■

a

it

'.
7/7:7,7,*7
:;,,V;?/
which was formerly known as Monsanto (Australia)
Pty Ltd., was converted to a public company as a recent meeting
of shareholders.
At the same
time, it was decided to apply to the
in

holders

of

plan,-

Fed;

of 17,413,000 cu. ft., or 14.29%'below production
ft. for the corresponding week, a year ago.—V. 170,
' ::

cu.

Sept.

New

.The

company,

Governor

borrow

the

for

one

to

are

stockholders

common

Depreciation

decrease

a

week

cost

(Australia) Ltd.
The

late

Maintenance

y

,

Aug.

on

new

provision

no

Operating

applications 'of
$2,290,000.—See Vol. 170,* ' ~

*

ot

preference-

1.1 common shares during*

of

$

1848.'.

p.

department employees.
>•
/•„
~
•;
n
Inauguration of the shorter work week on" the nation's rail carriers
for' 'nearly
one
million non-operating employees—representing about*

12, announced that the name of its Aus¬
associated company had been changed to Monsanto Chemicals

company,

rate

of Niagara
about'$1.60

elected

157;

marine

,

"

thgir

Period End. June 30—

been

.

name
change, Mr. Rand said. The
company
manufactures alcohol
through fermentation of molasses which - is sold for use as antl*
freeze, solvents," and non-beverage purposes. Carbon dioxide is a by¬
product of the operation and is sold in liquid form as well as dry
ice*
As
in
the past, Monsanto will continue to serve as exclusive
selling agent for these products.
'
'
v* *
'7//

The

fhe

men, engine terminal service men, car inspectors and repairmen, train
dispatchers* telegraph" operators, signal- tower men, "signal-, maintainers,
station agents,
ticket clerks, baggagemen,, watchmen, cleaners, and

.

the

Name of Australian Unit Also Changed—

$1.19.

the

on

the

share

'

principal, classifications of. employees, affected include office1
employees,
maintenance-of-way • workers,
car
and
locomotive
shop¬

Trustees

make

to

his

portion
estimated to be

probably

rights

The

,

of
Central
Aguirre Sugar Co. of Puerto
change at a special meeting early Aug. 12:
Central Aguirre and Monsanto are partners in the ownership of New
England Alcohol Co.
7/7 /7,7.' ' '/V 1 f .■ vVV" ^
The products' of Nealco-Monsanto will be the same as before the
of

Board

The

ended

■

the

work

.

Rico voted

to
""

■

pay—in effect,

AJcohol Co. of Everett, Mass., a partially owned sub¬
be changed to Nealco-Monsanto Co. effective Aug.. 22,
7,7 ■
"V,. .
■
•:/ /."

would

authorty

hearing

a

into

share for

common

Hudson. common

f: Hudson

of

name

for

of

preferred

each

109,

System—Hearing Aug. 23—

23

-

121,889,000

Effective

the

Aug.

for

New York

-

announced

12,

170, p.

second

for

When the bank loan is paid and the
distributed, Niagara Hudson will dissolve.
plans for participation by holders of
outstanding class B stock" option warrants.
"■
Dealings in the class B option warrants have been suspended on
the New, York Curb Exchange,
it was announced on Aug. 17.
All*

Week—

deliveries

,

M.

$1.53

stock.—V.

.

four

England

$1.27

capital

exchange four
of preferred.

holders

dividend

annual

an

Any common stockholder
months after the plan
is

six

pays

receive

Net

i Monsanto Chemical Co.—Subsidiary to Change Name
William

set

week

596.

p.

Co. on a 15-year sinking fund note due
Sept." 1,* 1964 bearing interest at $%'. The proceeds in
part will be used to acquire new plant machinery, with
the balance added to general working funds.—V., 169,
p. 2105.
'

New

$1.41

of

of

of

dated

"• "•

the

This

Co.

is

789,718

below
ago,

to be payable in 24 quarterly instalments,
Mercantile-Commerce Bank & Trust Co., St. Louis,
Conditional

and

There is

-

$6,102,077
613,251

15,761,674, kwh.
This is a decrease of 53,030 kwh, or
production of 15,814,704 kwh, for the corresponding week
"7 77/7.77 >.
- /7.7V7/
77. '
;/7/:
Gas output for the AUg. 12 week is reported at 104,476,000

>///

to

Budd

652,652

of

stock

A

convertible

the

at

Hudson

basis.

first

Niagara
will

1946

724,862

New England Gas & Electric

Mo.,

company,

cars

SEC. has

For

recently authorized Guy A.
finance the purchase of four
This equipment will cost
of "which $105,124 is to be paid in cash and

the

the

indebtedness,

!

1947

$8,104,553

515,272 shares

subsidiaries

596. *

p.

V:/y//V'Mi?'/'

,

1948

$7,943,219

New England Electric
.The

1948,

/•,/;

'/■

//

,

rata

pro

paid,

Co.—Earnings—
7.

1949

be

class A

then

Operation

Great

1,

Jan.

'

$7,061,777

would

have

get it providing he accepts 0.78

share

.

.

,

a

within

of

Corp.—Redemption of Notes

above.—V.

would

of one

years,

three years,
Holders of Niagara

otherwise

extension

holders

class

to

next

continue

or

an

rate

three

that

,

Life Insurance

to

constitute

Walter,
Jr.,
formerly
Vice-President, .has
succeeding George W. Heywood, resigned.—V.

President,

$419,520,

by

Interest.

be made

to

St.

at

of

$524,644,

carried

be

the

Corp.

—*

on

Martin

new

Mojud Hosiery Co., Inc.—Places Loan Privately—This
corporation has borrowed $1,500,000 from the New York

to

not

will

exhausted

are

does

it

-It

per, share.
at the

first

to

share

9

'

stock

A

existing

distribution

a

new

CONSOLIDATED

of

7,

the

New Bedford Cordage Co.—New President—

;

V

capitalization

rejection

or

sleeping

approximately

2.1%

'Based

.

receive
of

$25

share).

a

new

the

of

Moore

trustee

steel

stainless

»•

Union

income

1,

acceptance

Thompson,

.

funds

this

that

and

$1.20

common

the

«

class

new

of

authority

each

such

specified

but

shares

asked

for

approved

preferred.

The

retirement

cash

that

sales-—:—

preferred stock will receive three shares of
class B, for each seven shares of preferred held.;

Equipment Purchase Approved—

„

second

June 6,

'Earnings per com.- sh._

1943, as in the previous plan. After consideration
by the District Court the plan will go to the affected security holders

are

the

stated

6 Mos. End. June 30—

MOP

stock,

effective

The

instead

the

National

Net

should
not
exceed, $57,000,000,
that of the New Orleans,
$83,700,000, and that the Missouri Pacific, considered as a separate
company,
should have new capitalization not exceeding $509,700,000.

will

until

was

Net

Northern

at

to

1948

3.9

stock

common

'
stock will

„

of

stock

found

ICC

$250

Orleans, Texas & Mexico

$150

the

common

The

and, in, addition,

bond.

common

Holders
new

claim

share

each

class

.

in

674

,

to

Hudson

securities

new

decision

remaining shares of

and holders of MOP secured serial 5V*% bonds who
general mortgage bonds and preferred stock equal

$1,000

Holders

for

It

and

National Vulvanized Fibre

-

new

total

each

for

from

Niagara

;

the

liiriited

be

1949 and that no assurance can be given
the price of 80 will be maintained to maturity.—V. 168, p. 2010.'

See

the

to

adjustment bonds, who will receive new securities equal to 110%r
the principal amount of their claim; general unsecured creditors
of I. G.
N.
not
entitled to
preference will not participate in the

to

decreased

596.

p.

National Union Mortgage

"

of

for

purchases

that

be

will

cancellation

the purchase offer of

the

to

operation

170,

stock.

of

SEC's

first. preferred, stock*

on

for

value

utilized.

in part satisfaction

cash

that

of

part

1949.—V.

16,

company

such

a

$41,096,210

major

July 17, '48

creditors

All

equal
1,

The

in

of

■

of

stores

Aug. 1 informed holders of. special'interest notes
that it still has cash on hand to purchase additional notes at 80% of

to

made into
$9,002,962; preferred

payments

any

of

National Union Corp.—Offers to Purchase Notes—
The

$8,720,921; contingent charges,* in¬
capital expenditures fund, from
stock dividend from $2;885,841 to
$5,005,395, and all annual charges prior to dividends on the-new
common
stock from $18,726,102 to $22,729,278.
cluding

$8,568,271

number

at July

660

would

increased

were

Shares
The

Sales____—$20,260,790 $20,050,579 $145,474,505 $143,947,102

before

Total stock issue

charges

July 16, '49

(693)

preferred

!■

,

—28 Weeks Ended—.

July 16, '49 July 17, '48

$213,634,107.
The

the

CHRONICLE

divided

dividend

$5

a

FINANCIAL

—-4 Weeks Ended—

t

and class B, 300,815 shares.

&

"

comprised

stock,

common

COMMERCIAL

National Tea Co.—Current Sales Increased 1%—

debt
•
■/■

1

$169,687,482,

B,

and $26,092,850 of series B general mortgage
a
total of all debt, $309,297,845.
$100,107,904
of
5%
preferred
stock,
par

1,135,262

and

The

"

'

would

A,

making

also

would

There
value

'

*

debt

interest

series

into

$83,409,899.

$228,610,363.

Contingent

THE

balance

of

$12,237,914 will be obtained

securities, of

the

through

the sale of

additional/

kind of additional securities,
which they will be offered for- sale* has
as
The nature of such financing will be deter¬
mined on the basis of conditions nfr the time such financing is under¬
taken.
It is believed that a substantial part if not all of such funds'*

nor

the

company.

time, or times,
yet been determined.

at

Neither the

THE

(694)

10

will

raised

be

by the Issuance and sale of bonds, notes,
having priority over the securities offered hereby,

securities

CAPITALIZATION

GIVING

EFFECT

First

mortgage

due

1,

Aug.

First

bonds,

1, 1978sinking
fund
April 15, 1968

Preferred

4Vi%

stock

cumul.

Common
•The

debentures,

amount

1272,694 shs.
3,000,000 shs,

2,493,230 shs.

issuable

under

indenture

first mortgage

the

unlimited,

fund

of

and,

debentures

have

An

issued,

been

its

of

the

for

respective

the

to purchase,

&

A.

C.

Allyn & Co.,

Whiting,
Blunt

3.60
3.60
3.^0
3.60

Harrison

Co.—

2.50

The

Blosser———

2.50
1.75

Robert W. Baird & Co.,

Inc.

G. Becker & Co., Inc.—

Hall & Co. (Inc.)—
S. Moseley & Co.—,
—'

Harris,
F.

California

First

&

Straus

Davis & Co.,

Paul H.

—

E.

&

&

Maynard H. M»rch & Co.—
—'V. 170, p. 497.

wi'l

office

5%

announced

proceeds

the

of

1.00

Co

Ohio

Net

&

Inc.

the week ended Aug.

170,

sales

bids

to

up

the

funds,

10:30

purchase

1.00

to

Balance
of

—v.

1949,

including

capital

stockholders

stock,

common

equivalent

is

The

170,

(CDT)

from

it

of

Aug.

23

changing

prior

$15,000,000

will

vote

and

stockholders

Holders

of

of

Co.

$2

per

recent

Sept.

21

on

(Wis.),

a

company

preferred

a

major

will

each

$62.50

new

Sept.
1
to holders
share on the old
four-for-one
stock

be

asked

the

close

to

for

vote

officers
of

$100

said
stock

par

it

expects to
the

on

6%

to

retire

York

Stock

169,

each

6%

preferred
preferred stock

a

on

of

the

$62.50

new

where

Balance

1948

1947

$57,553

$69,178

625

Gross

profit

''

from

of

$58,173
14,590

14,951

12,555

22,562

$31,032

&

adv.,

Income

jNOTE—No
the
p«

—

74,647

70,349

files

company

1887.

has

■

•

beer,
as

$40,028
maw

ior

reaerai

"regulated

a

8,213

$97,225

$94,444

income

investment

1 '

i

'

8,454

12 Months Ended June 30—

Gross operating revenues
Operating expenses

taxes

(incl.

Federal

taxes

on

income)

unit at

city

Texas;
in

income

and

other

to

shares

on

common

income

City refinery;

ammonium

new

sulphate

surplus-

$25,932,036

Co.

Finance

and

8,335

1,807

13,824

fertilizer

168,

Net

$894,072

first
the

Steel

$1,721,959

$1,313,813

$492,897

$838,299

$697,317

738,000

738,000

738,000

$0.66

$1.14

10,322,762
$25,451,936
8,430,857
14,074,310

$2,946,769

•9,448,260

share.

t$2.13

*This amount represents
dividends for 12 months
pre erred stock except the 5% 'redeemable

(& Subs.)- -Earns.
">'1948' %*}# 1947
r"
1946
'

$5£14;502:
,3,861,914

3,453.473

$1,192,866

funded

stock.—V.

.

f$2.42

preferred

May 1949.

tS1?* 5!" rede5?able Preferred stock,
this stock for
Dividends

rn

the

•sruld increase total dividends
$479,167.

outstanding
outstanding.

during
.

■

period'.

.




-

tUpon

tUpon
-

an

full

an

all

outstanding
stock issued rin

series A,

period

average

average

issued

outstanding
of

of

tax.

$435,498

due

1958, are
York, N. Y.,

New

now

for

(& Subs.)— -Earnings—

1949—3 Mos.—1948

1949—6 Mos.—1948

$14,396,493 $13,866,704 $32,562,961 $27,558,832
10,836,427
11,843,344
24,976,565
23,538,819
.

324,531

i

376,767

630,717

567,110
86,124

*1245,822

226,331

618,235

432,151

$2,919,787

$1,353,851

88,580

78,064

169,945

208,873

$3,008,367

$1,431,915

$6,362,589

1,153,000

527,000

2,464,000

$3,100,460
1,167,000

$1,855,3G7

$904,915

$3,898,589

$1,933,460

$1.40

$0.71

$2.94

$1.5*2

local

inc.

—

taxes

incl.

divids.

Inc. before Fed.

income

43.047

$6,192,644'

$2,891,582

Net

taxes

———

inc.

taxes on

—V.

(est.)

income

share

per

169,

1888.

p.

Potomac Edison Co.—To Increase Investments in Two
Firms—
The

l.'

company has received
stock investments in

burg,

Va.)

W.

their

and

the

of

South

SEC

reported,

no-par

authorization

Potomac

Penn

construction

previously

3,750 scares
$375,000.—V.

Light

Power

Co.

make

to

&

additional

Co.

Power

(Martins-

(Waynesboro,

Pa.)

to

programs.

Edison intends to purchase 48,000
stock of South Penn for $375,000 and

Potomac

common

of the $100
170, p. 308.

par

stock

common

/

Potomac

of

Light

for

,

V

123,833

48,377

14,876

$483,875

,

19,109

22,882

26,653

454,200

148,300

1948

$89,115,146

$85,996,376

.a

73,378,668

71,556,408

—

$15,736,478

$14,439,968

deductions

revenue

operating

—

Net

'1,031,205

deductions

—

126,145

$16,767,683

income

Income

-V.

income———_

$14,566,113

4,853,322

3,821,440

$11,914,361

$10,744,673

—

income

__

169, p. 2532.

•13,775

Pullman-Standard
$771,261

$308,922

525.976

525,965

525,402

Car Mfg. Co.—New Vice-President

$214,803

602,136
$1.24

Federal income

series

1949
—

revenues

income

Gross

30,425

1

$745,669

outstdg..

second

Utility
Other

$259,003

■

460,000

•

v

6 Months Ended June 30—

Operating
Operating

$244,127

1154,288

on

$1.46

tax

and

$0.59

surtax

$0.41

of

Richard

York

12,000

has

(subsidiary company),
169, p. 1995.

shares

of

New England

District Manager,

has been elected

170, p. 498.

stockholders

July

on

Mine

&

Sept.

will

9

consider

this

Hill

Navigation & RR. Co.—V.

170, p. 498.

.

of

agreements

providing for the merger into
Navigation & RR. Co. and

1949,

26,

Creek

Mill

appointed co-regis¬
4Vi% series preferred

Chase,

Reading Co.—Proposed Merger of Subsidiaries—
The
dated

been

V;

Vice-President.—V.

Fedtral tax refund.—V.

merger

^

,

of

company

Schuylkill

Valley

I

,

r.,

-

170, p. 597.

Reliable Stores Corp. (& Subs.)—Earnings—
Pennsylvania Salt Mfg. Co. (& Subs.)—Earnings—
Net

1949—6 Mos.-^-1948

profit

after taxes—
Common shares outstdg.
•Earns, per com. share-

$1,304,570

$984,633

$2,604,170

764,573

,

764,573

764,573
$1.61-

(Excl.

$1.18

$2,022,867
764,573

$3.20

$2.45

•After preferred dividend requirements
June 30, 1949).

Quarter Ended—
Net

($154,692 for 12 months ended

June 30, '49

sales

—$8,500,000

Consolidated

net

profits after taxes

See

South

Penn

Oil

Co.

srICS

common

>

stock

589,309

after

479,071

preferred
f

divi¬
1

J. •

•

•

•

1949—3 Mos.—1948

$5.771832

~

—

Net

profit after taxes—
Com. shares outstanding

—v.

Mar. 31, '49 June 30, *43
$7,500,000
$8,400,000

*715,261

Pennzoil Co.—Offer Made to Stockholders—
•

Net

Earned

•

company's share of earnings of Frank Corp.)

of

Period End. June 30—

1949—12 Mos.—1948

•

per

169,

share.

com.

-V.

825,811

334,321

343,105

$1.60

$1.33

$1.16

;■

$2.41

>

-

Inc.—Quarterly Sales Lower—
1949—3 Mos.—1948

$36,583,571

——-

—

$10,955,928

444,314

...

Rexall Drug,
Sales

$9,622,279

343,105

1889.

p.

1949—6 Mos.—1948

$6,362,915
549,055

338,327
334.321

..

Period End. June 30—

169, p. 807.

1949—6 Mos.—1948

$38,959,920 $76,013,542
,

$ 82,3 1 7,24$

-r.

r,."

"ly..

,

Reynolds Spring Co.—Earnings—

:

.

.

Six Months Ended March 31—

below.

1949

1948

$5,609,331
Cost

Peoples Drug Stores, Inc.—July Sales Off 1.3%—
1949—Month—1948

Sales

$3,960,937

The
a

corporation

in

July, 1949
170, p. 303.

ago.—V.

year

1949—7 Mos -^-1943

had

143

stores

in

operation

against

of

sales

Selling,

$3,909,159 $26,573,061 $25,880,884

Philadelphia Transportation Co.

(&

Subs.)—Earnings

6 Months Ended June 30—

Operating
Oper.

1949

revenues

&

expenses

Profit
Other

1943

from

(excl.

income

taxes)—

30,160,615

Gross

Rental

$2,381,202
213,263

income

261,635

income

of

Interest

$1,574,852

on

deductions

funded

$2,594,465

1,537,.743

Interest

-V.

before

170,

p.

42,197

1,310,21.1

1,308,882

$'1,314,497

$479,138

...

debt

income

597.'

^

$155,176

22,703

———

$177,882

expense

!

27,170

—

deductions

Net

•'

taxes

.1.1
-s

•••

of

plant.
lease.

$216,822
$404,385

30,070

56,000

43,000

$94,712

common

per

•Expenses

$187,563
f

•63,629

—

294,500

$267,686
295,100

$0.32

profit

Earnings

shares

common

and

^Includes
■,

,

share

losses

in

$162,786
»

connection

profit

from
_

with

closing

$0.90

assignment

of

Trenton, N. J.,
of Trenton, N. J.

,.

NOTE—Net profit for the six months ended March 31. 1949 included
$22,707 of non-recurring profit while net profit for the six months
a

Loss

operations.

Provision for Fed. & State inc. taxes—estimated

1,722,524

41,395

_

leased' lines.'—

Miscellaneous

4,814,297
436,934

342,172

expenses—

income

Other

31,092,123

$1,313,217

income

Non-operating

administrative

income

Number

Operating

5,111,983

—

and

general

$5,438,794

$31,473,832 $33,473,325

taxes

7 725 396

7,03*7/155

series

Co.,
598.

& adm. exps.

Other

2,396,690

,

$1,248,343

Guaranty Trust Co. of New
a

Trust

170, p.

$2,764,650

£j3,105,444
135,610

$1,094,055

debt

Inc.

$3,676,652

',158.533

Pennsylvania Power & Light Co.—Co-Registrar—
for

4V4%

&

39,490

gen.

-

on

bonds,

$0.94

"'181,391

tlncludes $114,126 interest

trar

&

of

105,310

As

1849^

profit""

The

Gas

169, p. 909.

23,386

finance

$1,224,778

for

director.

a

Department

43,024

178,784

31,912

Fed.

the

52,655

for

437,711

$4,827,730

Income

for

and

Standard

of

of

17,281

251,679

income

Prov.

Houston',

near

Public Service Electric & Gas Co.—Earnings—

profit

on

Vice-President

charge

connection.—V.

Bank

—

properties

631,980

$0.54

Si ordin. tax
antLdepletion—

Total

at

Adams

Treasurer

in

bonds.—V.

——

plant

Coal

88,753

738,000

exps.

Other

and
be

new

mortgage

Chemical

products sold—
Prov. for deprec. & depl.:

1888.

Operating

Port

at

elected

will

his

in

of

312,421

$394,391

sales. __I

Cost,

Deprec.

unit

Engineering Co.—New Vice-Pres.—

Knourek

Accounts

at

sales

Cost

260,370

share——

p.

as

cracking
producing capa¬
Etter, Texas-

ammonia

fertilizer

facilities

has been

exchange of temporary

•

outstdg

per

1949

Pittsburgh Steel Co.—Permanent Bonds Ready—

12,323

-

increased

nitrate

Vice-President

Mr.

Permanent
available

2,390,623
$1,301,484

3 Mos. Endfed June 30— • *•

138

15,450,793

stock

stock—.

common

2,653,563

—

of

year

.

$1,708,135

tax.

full

wells,

formerly

was

Total

Balance surplus
per

$3,692,107

Pennsylvania-Dixie Cement Corp.

$35,774,698

$1,032,983

Dividends

$4,361,698
v

$774,316
inc.

the

and

gathering pipe line system, and processing plant
County Texas, for making deliveries of gas to the new
of Michigan-Wisconsin Pipe Line Co.; crude oil pipe line

line

Earns,

$2,092,154

$892,264

Period End. July 31—

$35,333,851
440,847

11,802,509
transferred

preferred

1

1948

year

Kansas

a

gas

119,555

Fed.

year.
for

from
West
Texas
to
the
Phillips, Texas, refinery;
and
increased
capacity for manufacturing Philblack.—V. 169, pp. 2532, 2756.

1949—6 Mos.—1948

1,199,889

.-'.."1

last

$95,000,000,

Hansford

Fed.

%

204,411

on

"shares'

the

and

ammonium

^;;';

•

$37,734,545

income

interest and discount

..v.

;

$765,981

income

for

Net income

1945

$37,530,134

—

:

Dividends

in

be

Gross inc. from opers.

1,235,846

—; "

$3.14

106,775

which
is
$44,000 000 'less
$15,000,000 less than originally con¬
templated for
1949.
During the first six months, $51,000,000 has
been
spent for capital items.
Among the major projects completed
or
scheduled
for
completion
during 1949 are:
the
lubricating oil
processing facilities, vacuum distillation still, and
catalytic

Net

;

—

-.»•••

.

•

was

$2.10

——

expenses

•Equal to 89 cents per share of
dend requirements.—V. 170, p. 308.

$214,551,697 $194,464 557
140,747,041
124.56L190
36,274,522
34,569,516

;

__—

'deductions

,

the

for

shares

be¬

company."—

1949

operating revenues

Miscellaneous income

'

873,452

1949—12 Mos.—1948

_

Period End. June 30—

3,481

....

provision

$2,001,827

income—net

Total
Prov.

$69,822

Pacific Gas & Electric Co. (&
Subs.)— Earnings—

*

than

Saskatchewan.

and

1949—3 Mqs.—1948

Depreciation

securities,
;

provision for directors'
compensation based on operations
for the period

Earnings

$5,441,519

income

profit

4,916.987

$6.03

daily net production of
barrels, as compared with

$8,106,490 $31,270,545 $31,364,307
,

gen.,

6,045,106

average

expenditures

will

common

$32,308

8,153

——

cost.—

on

Alberta

.

operations

Selling,

644

9,918

_

:/

Earnings per share

$35,356

_

in

1949—3 Mos.—1948

Period End. June 30—

Net

.Contingent

Net

capital

estimated,

Inc.—Quarterly Sales Lower—
$6,762,602

6,003,000
15,459,699

$3.63
year,

foreign crude oil

company's

Prov.

the

$59,232
13,958

taxes——

expense

Gross

The

4,504,000.

$1,925,244
915,487

—

acres

12,942,400
36,481,282

6,047,139
this

of

109,945 barrels for the first half of

on

•Provision

1949

_

Net profit from sales

Rdnd

and

half

presently

2,000,000

Penick & Ford, Ltd., Inc.—Earnings—

110.

p.

750,000

;

Interest

Exchange,

170,

than

more

—V. 170, p. 110.

share.

625

_

Expenses and ordinary

Net

1,338,000

.

2532.

p.

8,786,400

11,945,519

Inc., a subsidiary, has acquired a large stock
Oils, Ltd., a Canadian oil firm, it was an¬
It was.said that Pan-Western's holdings included

17.

Paraffine Cos.,

—V.

$58,607
—

Total

Taxes

2,263,244

contingencies——.——

Period End. June 30—

the

plan for extra
employees.
Aug. 22 will be eligible

listed—V.

is

—

.Interest

I69|

$45,847,331 $56,958,617

Leases,

Sales

April 1 and
Oct. 31, 1949.

and

business

6 Months Ended June 30—

.Dividends

V#

domestic

first

Electric

on

the

apply for listing

New

preferred

of

dividend

$4

paying $165

managerial

at

share

par

in

Capital shares

cause

1948

on

Overseas Securities Co., Inc.—Earnings—

.

the

Sell.,

—V.

Gross

share

per

proposal

a

Oil

interest

*

cents

July 1, 40 cents
fiscal year ends

on

converting

a'so

record

-

Net

For

16,382,202

21,953,129

Portsmouth Steel Corp.

Aug.

admin,

payable
to

to vote.

based

income

on

profit

George W. Knourek

Pan-Western

bank loans

of

Power

of" 50

the

to

company's

at the option of the ho'der,

compensation

..

22,222,857

.

taxes

1,275,000

21,105,418

costs

outstanding
Net profit per share.—

110.

p.

93,184,315

2,000 000

devel.

Shares

He

$15,000,000

.

^

1949

,

—

Fed.

$

gen.

interest

deprec.,

Pioneer Service &

$6.23

on

No.

".stock into 1.6 shares of

Interest

by

mort¬

series
"A"
has been
Exchange on Aug. 15.

shares

in

an

65,000 Shares of 6% preferred stock outstanding. It is now noncallable.
The - proposal, which has been approved by the directors calls for
the retirement of the $100 par 6% preferred Issue by: J v
"
' ' 1
■

.

made

refunding

1947

$

i

132,304,216

contingencies

depl.,

for

'

212,106,252

•

*

profit—

nounced

rOtis Elevator Co.—To Reclassify Preferred Stocks

The

be

will

share

per

Earned

par

net

of

interest

a.m.

States

dividend

a

The old stock received $1

•present

stock,
Stock

;

———

for

reserve

Peninsula

"

outstanding

on Dec. 23,
last.
—V. 170, p. 308.

f

limited

is

Pancoastal Oil Co.,C. A.—Acquisition by Unit—

the

for

to sell at competitive
series due Aug. 1, 1979,

bonds,

Nbrthern

of

declared

>$2

The

—

Addition

increase of 12.7%

597.

p.

have

stock

split-up.

'or,

The offer

(& Subs.), Boston, Mass.- Earnings—

1.00

15.

stock

persent outstanding
Aug. 19.
This

Either

additional

an

the

191,445,759 139,577,152

&

oper.

retirements

Net

pipe

Net profit before taxes & contingencies——
Provision
for
income
taxes—
*

1.00
1.00

12,

kwh.

58,103,000

with

mortgage

Aug.

record

The

preferred

Los Angeles

the

6 Months Ended June 30—

1.00

Bonds due 1979—

from

first

of
on

common

directors

common

Jf.;

and

&

taxes

for

for

Prov.

Exchange—

•

Pacific Mills

1.00

Miscel.

of

them

Payments

issue.

9.

Ohio Leather Co.—Declares 50-Cent Dividend—

'.the

first

dealing on

170,

No.

receive

and general

subsidiary.—V.

The

redeemable

p.

.obtained in March, 1 49 and due December, 1949, the company expects
;tq be able to carry its program through 1949 and to purchase $1,500,000

Western

on

to

previously reported, proceeds from the sale of the bonds will
be used to provide part of the new capital required for the 1947-1951
cohstruction
program
of
the
company
and
its
subsidiaries.
With
such

expenses,

sold,

stock

and principal officers are excluded.
as that paid to the company by the

$37,500,000

admitted

As

"

the

for

—V.

first mortgage bonds, series due Aug. 1, 1979.
The company has received SEC authorization
wa3

to offer
instalment basis.

an

on

made

for

1948

$

Provision
Res.

and

Company
Raffensperger, Hughes

company for
as
compared

Chicaeo

in

bidding $15,000,000
it

been

employees.
Directors
per share is the same

1.00

Stifel, Nicolaus & Co., Inc.-

First Mortgage

on

company

its

preferred

1949

244,408,145

Cost of products

1951.

series

The

1.00

Rogers & Tracy, Inc
Sills. Fairman & Harris, Inc.

corresponding week last year, an

at

first

subsidiaries

Subs.)—Earnings—

,<•

Income

Period End. June 30—

output of this
65,456,000 kwh.,

The

have

stock

this

Stock Listed

Northern States Power Co. (Minn.)—Weekly Output—
Electric

Bids

in

(&

1

Gross

deliveries

early

deductions over a two-year period.
July, 1949 an issue of $80,000,000 of first and

Earned

totaled

'

to numerous requests by employees to purchase company

1.00

Austin, Inc

Masten

Co.,

first

The

an

1.00
*

Co

&

1.75

Corp.—

Mexico.

New

S 3% bonds due in 1983 was sold at competitive bidding
underwriting syndicate at a price slightly above par.
This
offering, which also was successfully marketed, will finance the com¬
pany's building program for several months.to

1.75

Simmons

&

Collins

1.75
1.75

Farwell, Chapman & Co.—_
The First Cleveland

Ellis

Indianapolis Bond
Share Corp.
A.

and

Texas

its

and

to
139,585,000 kwh., an Increase
corresponding week of last year.

the

over

6 Months Ended June 30—

these

for

funds fbr carrying on construction activities
syndicate of investment bankers at a premium over

arrangements

price

In

1.55

Weeks &

City Securities Corp.

&

in

company

amounted

'

and

regular

The

1.75

Jullen

Jackson

line

fields

a

underwriters

1,75

Stubbs—

6.60

Weeks———

Webber,

Curtis

A,

McGann

Doyle, O'Connor & Co., Inc.

6.60

Inc

to

response

gage

Co., Inc,
————
Pacific Northwest Co._——

6.60

&

Hornblower

Paine,

to

Securities

Albert

Fen-

Beane

Expenditures

served.

area

approximately
facilities to meet

year

and

additional

$2,500,000 of

Percent.

Name—

12.00

—

this

of

plants

new

payroll

12.00

(Inc.).

Blyth & Co., Inc
Merrill Lynch, Pierce,

In

of such

12.00

Central Republic Co.

in

broken on the company's 506-mile section
to transport gas 1,600 miles to northern

was

pipe

this

Phillips Petroleum Co.
middle

the

buyers.

follows:

as

Percent.

Name—

ner

are

hoped

been

ground

of

2.4%,

future.

to

value. The offering met with an excellent reception among
subscriptions being .received from several thousand indi¬
many large insurance companies and other institutional

par

stock,

stock (without par value) as are
exercise of subscription warrants and
the unsubscribed stock which each has

of

war

investors,

common

the

upon

percentages

agreed

severally

of

shares

311,654

subscribed

not

the principal underwriters

of

names

the

gas

from

sold

viduals

1,

UNDERWRITERS—The

June

provide

was

cumulative

Dec.

of

through this line are scheduled to begin
issue
of
$37,500,000 of 5%
redeemable

gas

to

preference stock is convertible into* common stock
1957 unless called for previous redemption.
The
272,694 shares authorized were issued, of which 26 shares have been
converted
into
common
stock, and 6,129 shares purchased for the
sinking fund and retired.
IThe

through

is

near

currently being made at the rate of more than $15,000,000

new

California

subject to the terms thereof and of the indentures
supplemental thereto, additional bonds of any series may be issued,
subject, however, to certain restrictions on the creation of additional
indebtedness coatained in the indenture under which the 3Vz% sinking
is

the

output

1949

.

in

Late
Of

electric

ended Aug. 13,
3,208,000 kwh., or
—V. 170, p. 597.
of

the

to

month.

a

266,539 shs.

Philadelphia Electric Co.—Weekly Output—
The

California Public
in rates charged for gas service
that the Commission will take

application

invested
demands of the

growing

Monday, August 22, 1949

Aug. 5, said in part:

on

increase

an

it

the

has

purposes are

211,380 shs.

(par

par

bonds

of

257,820 shs,

5%

stock

(without

series

$20)
value)—

$100),

prder.

the

9,000,000

9,000,000

for

and

CHRONICLE

week

in

end

$400,000,000

due

—

(par

stock

11,000,000

•

Nov.

closed,

action

the

FINANCIAL

continued to show substantial growth during

company's

the

Commission

From

&

Black, President,

on

been

favorable

3V*%»

;erl»s D,

3'/z%

have

$45,000,000

*

bonds,

Utilities

3'/b%,

1973

mortgage

due

series C,

Hearings

Outstanding

Authorized

-

James B.

The company's business
the first half of 1949.

FINANCING

ABOVE

TO

other

or

COMMERCIAL

year

earlier

Charles

G.

included $153,193 of non-recurring profit.
Munn, President, stated in his letter to stockholders that
of April, "1949,
thd 'company earned approximately

for -the- month

:

taxes, on sales representing less than 70% of capacity.
added, is an encouraging factor in favor of the company's
program, completion of which will place the company
in a strong competitive position.
Mr.
Munn
revealed
that the company has developed a new type
before

$48,000

This,

he

decentralization

which is receiving very favorable consideration in the
industry. Introduced under the trade name of «"Luxuride,"
the
new
product is a combination of the present type coil spring
construction supported by a helical spring suspended base and has

cushion

what

form

in

60%

features that are proving attractive to body engineers.
are being made to dispose of the company's main

plant in

Efforts

clared.

.

.

assets on
March
31, 1949,
$1,203,667.—V. 169, p. 2214.

Current
liabilities

current

and

$2,852,515

were

This

corporation

Hotels

Hotel

•Net

profit

Com.

shares outstanding

tEarns.

$23,313,000 $27,760,000
840,296
1,144,405
1,571,033
1,000,000
1,000,000
1,000,000
S0.81
$1.09
$1.51

$12,806,000 $13,670,000

580,905

•After

and

taxes

169,

$.56

and

dividend requirements.

tAfter preferred

charges.

1889

pp.

1,000,000

share.

com.

per

1996.

Co.—Registered With SEC—•

Rochester Gas & Electric
Aug.

First Boston
Lynch, Pierce,

Fenner & Beane.

■>.

Commission

Service

Public

York

Aug.

on

company's certificate of incorporation to increase
ized

15

amended the

the presently author¬

shares to 1,250,000 shares.
But none will be
"at present," the PSC said.—V. 170, p. 208.

825,000

it

assets

total

had

acquired

the

The

had

to

John

60 %
under

obtained

the

of

the

of

sales

Net

earnings

—

per

after

1,123,560
$1.00

taxes—.

dividends

alter pfd.

share

common

The company's
subsidiary, Sloane-Blabon
$84,008 for the period.—V. 169, pT 2425.

Corp.,

in

stepped

has

company

Dividends
Interest

of

second

a

President,

customers,

Total

showed

$1,257,444

The

filled a letter of
Commission covering
par value common stock to be offered
at
writer.
The net proceeds are to be used
mining ground contracts.
company

rities

and

'

24 Wks. End. 26 Wks. End.
June 12, '48
June 30, '47

24 Wks. End.

Period—
Net

20 %

production

its

up

169,

to

the

through

Common

2,570,645

chares

Earnings

per

$1.07

170,

Co.

Buy Up to 125,000

such

or

will

used

be

to

With SEC—

in the Southwest.

capital for expansion

increase

underwriting.

no

stock.

Seaboard Air Line RR.—June

to

asked

submit

offers

to

sell

Fed.

ry.

of

Bal.

income

if

„

inc.

of

Net

There

on

of

transferred

be

fund

charges

earned

to

to

\ 194^-3 Mos.—1948

per

—

maximum

and

$69,685,909
7,509,468

670,042

212,518

258,765 '

2,443,988
949,352

for

$411,276

$1,494,635

2,487,707

capital fund

minimum

against income

made

are

—

net

$1.38

$1.70

$0.31

1948
from

3%

p.

J/2

to
and

1%

of

effective

income

State

Jan.

of

taxes

1,

1948,

less resultant increase in

approximately

$245,000.—V.

170,

112.

Sears, Roebuck & Co.—July Sales Off 12.7%—
July 31—
1949— Month—1948
1949—6 Mos.—1948
—$163,120,948 $186,792,996 $1,041,829,665 $1,122,085,543

Period End.

Sales
—v.

170, p. 498.

per

.

New

■

Period End/June 30

$9,243,879

Sell.,

,

adm.

3.578,023

&

Operating

gen.

4,046,362

exps.

$1,521,494

profit

•Other

Income

tTrans.

from

244,776

(net)—
for

res.

..

contingencies
*

Balance

$1,866,270
107,752

Prov. for Fed.

Net

Inc. taxes

/

income

Com.

shares

Earns,

per

677,901

$1,080,617

oustanding

1,000.000

share-

$0.88

com.

749,724

t 045,143

costs

incident

to

$1,270,163
84,093
418,925

$767,145
791,627
$0.72

expansion

$6,358,023
334,233
2,245,125

$7,973,842
417,832
2,842,895
$4,713,115
1,000,000
$3.91

.

$3,778,665
791,627
$3.76

plans,

170,

the

12,060

the

■;

Co.

prices

on

July 22.

the

number more
of the year. The
split-up effected

now

company

at

start
stock

four-for-cne

(See

•

than 15,000,
increase was
last May.—

Net loss

105

sale of securities

on

$13,770

Cr9,993

N.

Y.,

p.
»

loss

realized

Feb.

Credit

arising

junior

599.

at

or
.

\

••

Southwestern Public Service Co.—Earnings—
Period End. June 30—

Oper. exps. & gen.

Income

1949—12 Mos.—1948
$1,232,238 $16,396,462 $14,319,927
767,193
9,963,054
8,715,254

843,674

taxes

Net operating income-

Gross

(net)—

Income

Interest
Federal

and

$517,547
3-679

,

<

$6,433,408
73,005

$465,045
80

$5,604,673
38,771

Deficit

May

from

169, p.

purchase

(incl.

income

$1,937

$11,977

Earnings

910,780

—V.

608.

Gains—
•R.

Union

Oil

Corp.—To Discuss Plans to Simplify

Capital Structure—
The

company,

a

a

/

held on Aug. 25 are expected to
plan for simplification of the corporate structure of this
member of the Royal Dutch-Shell Group. It is not known

directors

consider

at

a

meeting to be




applic.
per

cumulative preferred

$3,573,973

357,813

to

common

1,349.832
share

common

stock

3,577,339

shares

$2.65

.•

3,216,159
$2.33

148.

170, p.

Standard
$922,757

for

Shell

on

"

Cr79,800
$985,278

$2.49
169,

$734,071
$2.13

1998.

and

1880

p.

Secretary-Treasurer—

Assistant

formerly

this

Treasurer,

has

been

appointed
.

value,

Tripp,

unsettled

of

Higher—

amounted to $2,242,612 at July 29, with
compared with $1,243,890 six months

Fund,

market

reports to stockholders.
conditions," Mr. Tripp told
a * conservative
investment
approximately 32% of total
government securities."—V. 169,

President,

business

general

and

cash

short-term

Co.—Earnings Rise—Ac¬

cents

share

per

Through Sale of
equal
stock
1949 to
the same

second quarter of 1949 was $2,198,084,
on
the 3,333,333 shares of common

the

for

income

Oil Firm

in Sterling

.

the
second quarter
of 194.9
an
increase of 61% over the
Gardiner Symonds, President, pointed out in
an
The company, which operates a natural gas
pipeline system from South Texas to West Virginia, is now in the
midst of a major expansion program.
Additional
expansion
and
a
395-mile extension
of the pipeline
daily

to

deliveries
for
cubic feet,

gas

606,667,000

quarter

.

•

to

system

a

increase

temporary
in

terminous

near

Buffalo,

capacity

authorized

daily

the

of

N. Y., along with
229,000,000 cubic

daily capacity up to 1,060,000,000 cubic feet,
was
approved by the Federal Power Commission on July 29.
This was
an
important phase in the company's over-all program,
which
contemplates
the extension of natural gas service into New
feet

to

.England, Mr,
to

total

and the company followed

Symond's letter pointed out,

2 by filing an application with the FPC for authority
the system capacity to 1,260,000,000 cubic feet per day
extend
the service from Buffalo into eastern New York State
Aug.

on

up

the

bring

expand

and

New

and

The

England.

letter

'
Sterling Oil & Refining

•

reported

further

the

3aJe

to the

of all assets of the Coast Co., the who'ly-owned producing
and
drilling subsidiary of the Tennes-ee Gas Transmission Co., in
exchange for 40%
(53,333 shares), of Sterling's outstanding common
"stock.' Coas't Co. will be dissolved and the stock will be held directly
Corp.

investment.—V. 170, p. 599.

by Tennessee Gas as an
I

'

#

''

'

Engineering & Mfg. Co., Inc.—New Product—

buoys,

docks,

of a new type marine flasher for use on marker
obstructions, etc., in inland waters has been announced

by this company.
The new flasher,
high

H.

the

Accident Insurance

Co., Detroit

=•;

—

Reports

cell
*

give

continuous

batteries;

Platts, President, reports net written premiums of $18,411,815
first six
months of
1949, compared to $17,197,075 in the

period of

operations
Net

income

of

1948, an

the

from

6.8% 'during

the

company

all

six months' period.—V.

169,

p.

2534.

l„

as

operation

for

flash

Normal

higher or lower rate

"Temco

the

Aqualite," features a very

can

approximately six months on one set
is 50 cycles per minute, but a

sequence

be provided on special order.

Awarded New Contract—

•

.

corporation has been awarded an initial contract for the fabri¬
cation of 22 structural brackets for the Chase Avitruk.
These are of a
This

type for which forgings normally
Chance

mount

Vought
TEMCO

tubes.—V.

would be Used.-

Aircraft Division of the United Aircraft Corp." has
a
contract to
swage
and magnaflux 243 engine
170,

p.

535.

~
i

■

Texas Gas Transmission

'

Corp.

—

■

,

Common Stock Of¬

fered—An investment banking group

headed by Dillon,

Aug. 17 offered to investors 218,625
(par $5) at $12 per share. - The
stock is being purchased from certain stockholders of the
corporation and represents part of the 625,000 shares
sold privately by the corporation in July, 1948.

Read & Co., Inc., on
shares

the

stock

common

BUSINESS—The
for

•

increase of $1,214,740, or 7.1% .
The general
continued to produce profitable results.
operations including investment income and after
"current
Federal
Income
taxes
was
$1,720,244.
Surplus to policy¬
holders at June 30, 1949 was $19.470,583,. an increase of $1,347,053 or
same

known

Intensity gaseous discharge lamp with a fresnel lens, and an
type flashing mechanism.
It operates off two six-volt dry
batteries, and due to its extremely low current consumption,, will

induction

549,984

1,519,487

386,841

-1

-

Accrued dividends

983,341

$1,167,962

31

$5,643,443

868,980

$3,964,180

taxes

Crl,793

of

Interest)

'

1,673,253

deductions
income

State

$6,506,413

$464,965

$521,227

other

and

$13,622

period

—

t349,915
100,000

of 1948,
accompany
letter.'

of

-

1949—Month—1943

$1,361,222

Operating revenues

1,234,140

the
-

notes

—V.

in

28

$1,205,693
$3.50

$1,101,698
$3.20

$1,183,986

,

amounted

Co.—Definitive Debens.

avail¬
Chase
York,
the St. Louis Union Trust Co., St. Louis, Mo.—V. 170,
; '
»• .
. iv

!

Balance
Net
Deficit

$855,847

1946

1947

Development

Net

$11,930

of

in

Texas

14,40o

$13,517

deficiency

Spilka,

assets

awarded

1947
$11,655
11,025

1948.—V, 168,

$1,944,989
t649,096
90,000

t675,231

—-

Chester D.

60

345.

p.

;

of June 30, 1949

"ditectbrs
haves followed
maintaining, as of July "29, 1949,

same

—

o: '

Southwestern Bell Telephone

Other

Shawmut Bank Investment Trust—Earnings—
3 Months Ended May 31—
1949
1948
Income—divs. & int. on bonds$1,272
$13,452
Admin, exps. & int. on senior debt.
1,289
10,982
Int. on junior notes (paym't. def'rd)
13,500
14,400

with

to

various

at
.

30,

June

outstanding.
This brought earnings for the first half of
$1.17 per share as compared with 75 cents per share on
number of shares during the first half of 1948.

Stock Offered—In

/

Income

"

Definitive 35-year
debentures due May 1, 1983, are now
able for delivery In exchange for temporary debentures at The
National Bank of the City of Nc-w York, 43 Exchange Place, New

Cr288,734

etc.
tOf amounts
equivalent to co.ts incident to expansion plans, etc.—V. 169, p. 2214.
•Includes

attributed

Vol.

112).

stockholders' of

compared

as

$5,948,825
120,463

$7,178,970

$1,167,678
57,809
Cr44,676

-

Depreciation

The

$7,963,288 $37,682,468 $33,274,961
3,319,704
15,170,647
13,821,498
3,475,806
15,332,852
13,504,638

.

..

—

Telephone

England

market

also V. 170, p.

1949—12 Mos.—1948

1949—3 Mos.—1948

—

sales

Cost of sales

Co.

share, and offered by them on the Connecticut over-

the-counter

Sharp & Dohme, Inc. (& Subs.)—Earnings—
Net

Casualty

Financing
Completed—As reported in the "Chronicle" of July 25,
the offering of 400,000 shares of additional capital stock
(par $25) had been successfully completed. The stock¬
holders subscribed for 397,053 shares (99.3%) at par on
a one-for-six basis, and the remaining 2,947 shares were
sold to Chas. W. Scranton & Co. and associates at $28.50
Southern

as

'

$1,776,933

t524,551

2534.

an

$611,244 in payroll taxes referrable to the first five months of
due to reduction in Railroad Unemployment Insurance tax rate

1948

1949

$1,380,398

surtax

contingencies—

assets

Net

...

July, the company of feted 10,000 shares of no par value
capital stock at $8.50 per share (proceeds to the com¬
pany $8 per share);,' without underwriting. The proceeds
are to be used for 'expansion.—V. 169, p. 2757.

4,031,391

&

quires Interest
Subsidiary—

tReflects credit adjust¬

other deductions.

charges and

&

ended

compared with $42.26 at Dec. 31,

as

Tennessee Gas Transmission

..v'

months

six

the

in the same period last year.

share of the corporation

per

charges

tax

Average

3,253,767

securities. for

$1,840,699

$0.38

$333,381

-

Fire

year

and

on

$41.14

profit

policy

3,027,757
1,187,058,

3,230,000

Southern

permissible
1,663,568

to

"Because

7,955,226

5,853,078

the

gains

.

earlier,

1949—12 Mos.—1948

2425.

p.

income taxes on income or on
necessary since the corporation
investment company" and intends
approximately all its taxable income,
thereby incur no Federal income tax

Television Fund, Inc.—Net Assets

com.

1,085,636
169,

Federal

is believed

stockholders,

share
shares—

'

Secretary-Treasurer.—V. 170, p. 247.

$5,002,349 $20,957,884 $18,984,496

$4,990,208

taxes-

19,063
221,306

"regulated

a

during

investments, at

output of this company for" the' week ended Aug. 10, 1949,
kwh.,
as
compared with 3,140,000 kwh. for the'
corresponding week last year, an Increase of 2.9%.—Vi 170, p. 599.

of

Federal

$115,234

•

Tel Autograph Corp.—New

Electric

be

•After fixed
ment

*$10,336

gain

be

realized

Samuel

7'

545,900

income

totaled

surplus

charges are made against inc.
transferred to earned surplus

fund

sinking fund and

if

r..

-

to

inc.

$86,627

tAt the rate of 38%.—V.

Southern Colorado Power Co.—Weekly Output—

1949—6 Mos.—1943

income__

sinking

capital
Bal.

$652,568
537;334

Earnings per com. share

p.

Earned

to

taxable

after

Net

in¬

before

taxes

come

Earnings—

1949—Month—1948

revenues-

oper.

income

•Net

1,052,927

for

provision

unrealized

norm,

Res.

to

.

revenue

income

—V.

$9,415,337 $10,987,861 $66,290,828
763,999
11,617,036
5.694,^124
6,143,388
635,773
1,685,155
4,150,446
-A.V.
498,593
1,350,521

operating

Net

$1,042,591

1,128,136

6 Mos. End. June 30—

to

Ry.

$1,214,763

$169,794

1943

gain

Profit

the

1590.

Prov, for income

;

,

Period End. June 30—

Total

$1,245,870
18,200
185,079

$892,936

6,000
188,685

Sutherland Paper Co.—Earnings—

purchase of approximately 125,000

common

Securities

to be

$1,409,448

2014.

p.

owns

part

to

1946 *

$1,373,139

—

The net asset value

to

1947

-

r

been

have

Period End. June 30—

Operating

corporation on Aug. 5 filed a letter of notification with the
and Exchange Commis..ion covering 8,000 shares of $1 par
value common stock and 14,000 shares of $10 par value class A pref¬
erence stock
to be offered at par in each case.
The net proceeds are

company

1492.

4,500
174,631

distribute

Net

The

p.

$824,602
68,334

•

in

Net

throughout the nation." But, hp added, "their cash
justify paying any dividend for the first quarter."

not

168, p.

Net

the

169,

$1,015,763
230,106

1949, was $68,973, against $928,339

Southeastern Greyhound Lines—Earnings—

employees' retirement plan.

Scot-Signs, Inc., Dallas, Texas—Files

Offers

—

now

presented

did

—V.

598.

p.

be

situation

$1.66

deducting $520,000 contribution to

•After

-V.

$2.53

~

all

Oil

should

position

*$4,771,773
2,570,647

;

share-

common

$3,200,507
2,570,647

$6,943,147

assist

$1,301,048
108,400

...

including
liability.

114.

p.

authorized the

company

shareholders

business

de-

income taxes
outstanding-

and

prec.

v

;v

.

chgs.,

int.

after

inc.

June 18, '49

Penn

Penn

Offers

of

as

1,203,345

or

elected

-

their shares as "they may desire.
Bradford National Bank, Bradford,
Pa., before the close of business Aug. 22. The price range of Pennzoil
stock In recent months has ranged between $10 and $12 per share.
In
a
letter to
stockholders, George J. Hanks, President of South
Penn Oil,
said the results of Pennzoil's operations for the first six
months of 1949 "may be considered satisfactory in view of the general

South

its

of

$425,000

$1,552,270

income

73%, 1

Pennzoil

(& Subs.)—Earnings—

Safeway Stores, Inc.

Co.

Pennzoil

of

shares

South

about

200,000 shares of one-cent
50 cents each.
No under¬
for milling equipment and

balance

66,235

Income

Surplus

about 53% of the 634,532 out¬
standing common shares of Pennzoil and should it purchase all 125,000
additional
shares,
its ownership in
Pennzoil will be increased to

notification with the Secu¬

Aug. 5

on

Exchange

Oil

The directors have

Rotary Mills, Inc.—Files With SEC—

will

1948

1949

i $1,486,035

received.

.'•Deficit.

Aug,

on

said.—V.

Ross

Penn

additional
The

of

aircraft instruments.—V.

expense

Net

of

loss

a

Output 20%—

Pennzoil Common Shares—

170, p. 344.

devices

These

subassemblies.

Dividends

3,736,709
$3.87

eight-hour ihift

announced

Mr.

South

1949—7 Mos.—1948
$7,928,433 $7,859,583

1949—Month—1948
$1,280,066

31—

Sales

the

"

received

amounted

Period End. July

amount

State Street Investment Corp.—Earnings—

to daily operations, Charles J.
15.
The boost in
output of automouile hinges was necessary to keep
pace with increased production by seme of the company's automotive
addition

25-Cent Stores, Inc.—July Sales—

Rose's 5, 10 &

—V.

the

6 Mos. End. June 30—

realized

Soss,

year

the

in

company

rounding out its line of

NOTE—No

Soss Manufacturing Co.—Increases
This

Roosevelt Oil & Refining Corp.—New President—
C. L. Butler, formerly Chairman of the Board of this corporation,
has been
elected President,
and C. L. Maguire, formerly President
of Roosevelt Oil Co., a predecessor, has been elected a director, both
succeeding A. W. Winter, resigned.—V. 169, p. 2424. v

fi cal

the

oustanding

has also reduced its debenture bond
original issued amount of $1,750,000 to approxi¬

The

aircraft

other

in

Ford

' 1949
1948
$34,479,931 $41,078,574

6 Months Ended June 30—

Net

issued be¬

$2,065,000,

to

were

(Alexander) Smith & Sons Carpet Co.—Earnings—

Earned

$0.68

amounted

entered into a license agreement w:th Teddington
Controls Ltd. of Great Britain, under which it is exclusively licensed
to
manufacture
certain
precision
instruments
for electronic
cabin
temperature controL", and inching devices for control of flaps ana

402.

p.

883,363
$1.03

has

Company

offered $30 a share. This represents a purchase price
of approximately $3,000,000 of which 1,500,000 was paid immediately
with the agreement to deliver an equal amount in payment of whatever
stock
may
be tendered.
Officers of Sheraton corporation
expect
that well over 90%
of Ford stock will be acquired under this offer.
The
Sheraton
corporation
has approximately
10,000 stockholders
and its shares are listed on the New York Stock Exchange.—V.
170,
company,

$8,921,762

earlier.

year

during

off

were

1949

mately $1,450,000.

common

agreement

an

President

Udd,

C.

paid

which

1947.

indebtedness from

$64,575,924.

worth

be

approximately

been

and

stockholders

the

estimated

are

Hotels

31,

31,

May

of

as

$1,909,000 a

company

loans

May

338,453

—^

capital

with

bank

March,

1947

1948
$7,073,696

510,309
$1.02

—

499,687 shares of stock.

on

compared

the Lord Elgin Hotel in Ottawa.

transaction

latest
Ford

in

opened

hotel

room

and

;

tExpenses

by amendment.
Dealer managers are. as follows:
Corp., Wertheim & Co., Lehman Brothers, and Merrill

yond 835,000

which

11

Subs.)—Earnings—

1S49
$7,690,289

taxes

after

working

Tax

filed

New

•Based

Net

Commission

15,

Exchange

The

Its
of

1,000

Toronto;

profit

a

registration statement was filed with the Securities
covering 835,000 shares of no par value
common
stock, to be offered by its parent, General Public Utilities
Corp., to GPU common stockholders at the rate of one Rochester Gas
share for each 10 GPU shares held on Sept. 8.
Offering price to be
On

that

announced

16

Aug.

on

new

a

in

this

stock

(&

;

Earnings per share

1948; the
In addi¬
tion, Sheraton acquired extensive real estate in Buffalo, New York.
This gives the Sheraton Corp. a total of 28 hotels in 25 American
and Canadian cities.
The company also owns the Sheraton Whitehall
Building in New York City and two large office buildings in Boston,
Montreal,

In

1949—6 Mos.—1948

1949—3 Mos.—1948

sale.,

and

Net

Co., Inc., owners of three large Canadian hotels.
hotels acquired
in the transaction are The Laurentien

Principal
in

Ford

Mass.

—V.

Co.

Sheraton Corp. of America—Expansion—

Co.—Earnings—

Rheem Manufacturing
Perid End. June 30— 1

Net

Petroleum

Dutch

Sarles

Trading & Transport Co. Ltd.—V. 170, p. 598.

Ford

Thomson Corp.

Standard

Years Ended May 31—

The latter is owned
40%
by
the Shell

Co.
and

Petroleum

the Batavian

by

Royal

the

by

(695)

is

owned

spring

Jackson, Michigan, which is now too large for contemplated local
operations as result of the decentralization program, Mr. Munn de¬

.

is

turn

CHRONICLE

FINANCIAL

&

simplification may take. Over 65% of the company's
held by the Shell Caribbean Petroleum Co. which

the

stock

common

automotive

many

COMMERCIAL

THE

Number 4831

Volume 170

corporation

transportation

and

owns

sale

of

operates a pipe line system
natural gas at wholesale. As

and

presently constituted, the system is composed of a northern division
(formerly the properties of Kentucky Natural Gas Corp.) and a
southern division
(formerly the. properties of Memphis Natural Gas
Co.). These two companies, which began operations, in 1929 and 1928

31, 1948. -,
line approxi¬
northeast from the Carthage Gas
interconnect the southern and northern, divisions,

respectively, were merged into the corporation on March
The corporation is presently constructing a new pipe

mately

833

miles

long to

Field in east Texas,

extend

12

and

continue

mission
make

to

northward

Corp.

first

interconnect

of

Texas

Trans¬

Eastern

new

Period End. June 30—

Mail

approximately 660,000,000 cubic feet of natural
pipe line, estimated
to cost approximately
$73,500,000, is being financed by the proceeds of the common stock
sale in July, 1948, by the sale in December, 1948 of $60,000,000 first
mortgage bonds, from earnings and depreciation moneys derived from
operations during the period of construction, and from borrowings
up to $7,500,000 under a bank loan agreement.
Associated with Dillon, Read & Co. Inc. in the offering are: Blyth
& Co., Inc.;
The First Boston Corporation; W. C. Langley & Co.;
Bazard Freres & Co.; Stone & Webster Securities Corporation, Union
Securities Corporation and White, Weld & Co.
day.

The

.•First

pipe

intge.
in

issuable

due

1968

tPreferred

$100

(par
$5

100.000 shs.

series

more

or

None

4

$150,000,000.

.

STOCKHOLDERS—The

SELLING
chased

from

the

corporation

persons

aggregate

an

■shares

of

.sell

sold

from

*

213,240

Nil

Board

*'•

July

on

stated

mail

air

used

useful

or

rates

final

investment.
be fixed only

Hemphill,
South

Kuhn,

Co
______——.2————
Finance Corporation——

Shore

Loeb

J.

Starr

Co

&

—

Anderson

C9iarles

P.

Bdward

de

Rivera

Paul

.

F.

can

C.

Willard

A.

Mnwocd

"

6,200

United

5,800

Weld

Co

&

1,800

1,800
5,600

*26,250

...

___

_

—

UNDERWRITERS—The
and

stockholders

Profit

the

number

purchase from
Name

Dillon,

of

selling

Lazard
—V.

&

Freres

whom

to

offered

Net

the

hereby

Period End. June 30—

tNet

3.860,033

Net

ry,

Total
Misc.

2,473,131

l,948,9lo
: !- 61,063

'

$3,330,420
500,942

475,523

$704,115

$816,914

9,021

9,258

48,490

of

the

1,417,583

1,363,104

$457,760

company

announced

75-ton

a

week

end.

electric

This

$579,814

Aug.

on

furnace

action

of

capacity.
Forty idle
perhaps others later.—V.

representing

and

tAfter

transfer

a

based

from

"Reserve

for

outstanding
May

United
1,

have

4%

for

by

$2,941,555

$2,365,289

will

Operations—

12 that because
would

be

raise *the

employees

will

put

of

back

concern's

be

recalled

increase

an

into

in

operation

output

55%

to

immediately

and

169, p. 2321.

application to extend

31, 1949, was filed
*by Trans World Airline.

C.
*

Douglas Dillon, President,
"Calculating the investment

rities
,

•

Corporation

securities

ration,

on

TWA has
and

Los

tween

15

Service from Sept. 30 through
Civil Aeronautics Board

with the

New

345.

operating daily Skycoach flights between Kansas City
with four intermediate stops, since Feb. 7, and be¬
York and Chicago via
Pittsburgh since May 31.—V. 170,

-

Union Bag & Paper Corp.—Earnings—
Period End. June 30—

Wet

sales

Cost

of

products

Deliy., sell., admin,
general

1949—3 Mos.—1948

"On

June

United

market

at market

States

and

-

,

expenses

2,449,081

2,473,371

Operating profit

$1,723,066

$6,104,406

60,600

.

101,717

Other

income

.

value

based

prices

at

underlying

on

estimated

fair

quotations, the net assets of

Secu¬

assets,

value

5,049,175

4,848,706

$5,308,588 $12,156,430
168,787

corporation

purchased

Corp.

after

obtaining

for

cash

from

order

an

your corpo¬

at

ties

Securities

the

$6,206,123

$5,477,375

$12,470,971

92,386

114,911

219,359

267.604

640,000

2,270,000

1,970,000

Cr40,000

200,000

30,000

380,000

Depreciation
&

amort,

income

&

$1,091,280
1,488.498

$3,621,212

$3,258,016
1,488,498

1,438,298

$2.44

$2.19

$4.90

508,306

427,317

'995,043

831,794

the

second

aggregated $374,997.
directors have authorized

The
ment

in

shares

such

of

corporation's

amounts

H-511
araipany
Described

UBABOND,
makes

now
as

synthetic

a

possible

"magnetic'

'in

***»? be joined together at
point
-—V.

a

of

rubber

developed

by

and

at

officers

to

precementing of many materials.
behavior, the precemented surfaces
later time, on an .assembly line or even
its

use,

without

loss

of

adhesion

efficiency.

r

Union Electric Co. of
Missouri—Permanent Debens.—Trust

Co.,

may be exchange for permanent
16 Wall -Street

^17Trpr24VCa0Smi2rCe Bank & TrUSt




New

York

N

and

from

for

time

Realized

"Net

by

the

Land

&

Securities

U.

of

the

by

Profit

COMPARATIVE

INCOME

6 Months Ended June 30—

Cash dividends
Interest

1949

1948

1947

$754,269

i 925

2,125

$785,206and

other

$756,394

stock

capital

income

$668,985

Dividends

on

on second

first

pfd;

'Surplus
Common

for

Y

C°" trUStC®' St' Louis' M'a'—

244,997

to

qualify for tax

outstanding_

985,000

share

realized

"regulated

a

$264,675

provision

net

985,000'

$0.30

profit

to

obtain

exemptions

under

certain

issued

by

the

Commission

company,"
taxes

profit

on

on

the

$20,670,633;
at

investment
cost

first preferred

000,000;
50,000

$6

second

on

104,039

100,943
.24,391

taxes__T__

15,062

/

taxes_____^____^___

34,000

31,000

$608,576

$531,922

500,000

500,000

$108,576

$31,922

a

$658,008

first

of

net

pfd, stock__~___"

'

500,000

>

realized

realized

"regulated

a

provision

for

profit
sale

on
on

sale

investment

Federal

investments

and

of
of

investments

taxes

United

in

(indicated

value

ASSETS—Cash,

States

and

L

no

taxes
par

preferred

and

value
stock

in

In

1943

$147,000 in 1947.
the corporation has made
undistributed net ordinary

on

$8,018,415;

JUNE

receivable

30,

•"

1949

for

.

,

V

v:

securities

'

$30,654,947.

;

LIABILITIES—Accrued

taxes

and

,

^

accounts

payable, $82,069; $5 first
preferred stock (without par value, outstanding 200,000 shares), $20,000,000; $5 second preferred stock (without par value, outstanding
100,000 shares 1,
$500,000;
common
stock
(without par value,
outstanding 2,485",543 shares), $24,855; special reserve, $9,475,000; un¬
distributed net ordinary income, $165,598; net realized profit on investments, $407,425; total, $30,654,947.—V. 170, p. 2.

;
*

United States Lines Co.—Earnings—
Net profit
Number

common
on

,

P.

shares—

common

NOTE—Net

taxes

after

;'

v
1949

after charges &

of

Per share

has

International

$9,674,469;

$236,755

of

sold,
$1,078;
$104,581; securities,
at cost
(indicated value
$22,031,821), $17,735,435; investment in Devon Securities Corp., at
cost (indicated value $4,826,564), 4%
non-transferable note due June
30,
1951, $2,795,438; capital stock, 20,000 shares,- $2,000,000; total,

1948

$3,541,000
1,502,600

;

preferred

$1,548,000
1,502,600

$2.34

—

$1.01

divs

earnings for

are

both periods include operating differential
before provision for possible subsidy recapture.—V. 169,

!

2GC.9,

Universal Laboratories Inc.—Earnings—
CONSOLIDATED

$14,705,0001,

$5,649,414

of

of

investments

company"

income

——:—.

«

$158,008

realized

net

loss

profit

•

^

income
on

15,952

1

:'

ordi¬
-

Consolidated

EARNINGS .FOR

operating loss
and nonrecurring

QUARTER

ENDED

—

Nonoperating

JUNE

30,

1949
$750

—

expenses———

28,611

-

Se¬

total,

Consolidated

loss

:

—•—__

'

169,

p.

*

2535.

;

.

-

^

$29,361
^

J

accounts

payable, $47,100; $4.50
(outstanding 100,000 shares), $10,(without

par

value—outstanding

shares), $50,000; common stock (without par value—outstanding
985,000 shares), $98,500; general reserve, $4,950,000; capital surplus,
$650,422; undistributed net ordinary income, $748,212; net realized
profit

2,250
$638,261

126,008

net

—v.

stock,

1,875
$762,567

Dividends1 receivable,

ASSETS—Cash, $471,712; receivables for securities sold, $1,078; divi¬
$106,116;. securities, at cost (indicated value $30,765,-

Corp.,
$30,924,008.

1,897

~"t

BALANCE SHEET,

dends receivable,
curities

v.

-..

1947"
$686,011

$799,078

other

&

income

.

-.>■'
:

$760,692

'

.

$0.19

net

'

•

1948

income.

S85.000

corporation

undistributed

&

Invesfc-

1949,"

28,

$797,181

franchise

JAs
no

in 1949,

investments.

S.

invest¬

the

of

1949

;

•Exclusive
and

BALANCE SHEET, JUNE 30,-1949

385),

"regulated

a

sections

June

on

;

subsidy but

income

realized

'

U.

s

Federal

150,000

$0.27

to

v:

i-.

$191,861

investments of $303,104

on

investment

for Federal

on

224,997
'

as

purposes

6 Mos. Ended June 30—

$226,843 in 1948 and $767,468 in 1947.

or

150,000

$293,988

common

•Exclusive of net

nary income

244,997

150,000

pfd. stock

period

shares
per

stock

$566,858

delivered

and

'

20,829

$639,672 1

certain

of

carry
out the transactions with United States &
Securities
Corp.
and
with
Devon
Securities
Corp., it
was

'Surplus for period

102,887

20,250

prices

to

were

•Net

$690,574

96,472

16,090

taxes

included

two-year 4%
note in the amount of $2,795,438^
Corp., is a registered non-diversified investment com-

expects

order

■,

; 2,675

100,131

Expenses
State franchise

market

current

dividends

State
»

•'

$687,899
.

Investments"

on

Int.

&

at

/ Expenses

.

$783,281

— —

to

a

Total

time

ACCOUNT

discretion

more

to the United States & Foreign
Sec. Corp, It also Included

Co.,

S.

sale

issued

Corp,

Corp.

Securities

Dividends

owns
approximately 99% of the second preferred
approximately 80% of the common stock of United States &
International Securities Corp.

give

current' market prices on June 28,
Petroleum Corp., and 22,500 shares

at

Exploration

parent

realized

sale

Amerada

Interest—

retire¬
to

to

company."

Cash

such

LIABILITIES—Accrued

a«w^»0raryf "{u d®bePtures due 1963
debentures at the Bankers

restriction

in

shares of

Corp.,

and

1949,

purchase

preferred- stock

this

30,

*

■

.

the

first

of

Because

Company Act from the Securities and Exchange Commission.
Accordingly, applications were filed on May 24, 1949 and 'exemption

made

were

this

the

163, p. 356.

this

6 Months Ended June 30—

corporation

made no

Cambridge, Mass.

cement

of

$9,475,000:

90% of its net ordinary in¬
1948, and therefore could not take
being taxed as a "regulated investment

COMPARATIVE EARNINGS STATEMENT

stock and

NOTE—As

Union Bay State Chemical
Co., Inc.,
—New Product—

The

realized

17,500

''

prices as they may deem advisable. No
during the current period and future pur¬
chases, if any, will be reported to stockholders in the quarterly reports
of the corporation.
',
■

•Earnings

to

—V. 170, p. 345.

than

not pay

in

ment

31 and on June 30,
quarterly dividends were distributed
preferred stock 4n the amount of $1.123/2 per share and on
preferred stoclc in the amount of $1.50 per share.
These

$7,273,367

1,438,298

$0.73

_

June

on

March

the first

Dividends,

deplet.

charged

above

or

1

.

On
on

•Net

Net., income
-Capital shares outstdg.
Earnings per share

benefits

remove

directors

of

Sec.

orders

....

4,550,000

income

to

'

Ex¬

and

Corp.

314,541

$1,783,666

_.

less

could

1947

to Devon Securities Corp., which was incorporated on May
1949, and is a wholly owned subsidiary. In payment for such
securities, shown in this report as owned by Devon Securities Corp.
and having an aggregate market value of
$4,794,438 on June 28, 1949^

closing market

change Commission permitting the transaction. This
purchase^was a
part of the program adopted by United States & International Securi¬

Total

income

the

Of

A necessary

*

Gross

contains
in

18,

"In

::

has

securities

ment

and

July

on

years

in either of those years.

an

the

28

'

.

recent

corporation

dividends

of

Foreign

International

&

prices 17,500 shares of Amerada Petroleum Corp. and 22,500 shares of
Louisiana Land & Exploration Co, from United States &
International

The

1949—6 Mos.—1948

,

$13,047,215 $19,076,336 $28,831,195 $38,462,603
sold—
8,875,068
10,498,559
18,473,432
21,457,467

—

in

Louisiana

Int.

allowance

such purchases
•

•

22 said in part:
*
(
been prevented from paying
class of stock junior to its First Preferred Stock by
its charter which prohibits such dividends when its

Reserve"

board

Devon

for
state
and municipal taxes on unrealized
indicated value on June 30, 1949, of approximately
$45,896,191. No allowance has been made for federal capital gain tax
on
unrealized appreciation, as the corporation is a "regulated
invest¬
ment company" aiid
expects to be relieved of that tax on such future
realized investment profits as are distributed as
capital gain dividends.

dividends

been

Angeles

-

p.

Aug.

President,

in

any

order

Devon

July 22, said in part:

in

indicated

quoted

securities

after

its

at

without

other

Securities

its Skycoach

on

i

States & Foreign Securities Corp.—Earnings—

.

An

:•)

&

$19,977,658 $21,558,097

^

Dillon,

on

as

"In

of

on

1,299,932
2,205,677

;

;

■

Securities

-

gold

Power

6,959

/.

.

corporation

provision

1949,

wartime

trust

'■>

4,537,945

2321.

p.

Douglas

j! pany

United

J

•

stock

,

Transcontinental & Western Air, Inc.—Asks Skycoach
Service Extension—
:
A
Dec.

169,

Investments."

*:

United

redemption

inventories

——

$1,622,964

JNot

Called—/

collateral

(guaranteed

called

86.100

6,959*

regard-to the payment of dividends,
the
1949, increased its "Special Reserve from
$103,101 to $9,475,000, by crediting it with $1,000,000 of Undistributed
Net
Ordinary Income" and $8,371,899 of "Net Realized Profit on

•

Railways

1899

been

3,983,000

73,000

.

4,822,688

the

$0.18

169, p. 2036.

3,753,000

surplus

corporation
'

J$508,246

charges.

1,517,987

2,840,000

company"

2,303464 out¬

on

and

taxes

1,073,754

1,262,734

taxes

($100

advantage

Jan. 1, 1950
100 and interest.
Payment will be made at the Land Title Bank &
Trust Co., Philadelphia, Pa.—V.
134, p. 2722.

all

Timken Roller Bearing Co.—Increases
The

stock.

17,000

868,411

-

company——'-

preferred

cumul.

come

-

$0.11

Franchise

$3,500,000

225,000

accounts..—

mortgages___„__^.__

'

requirements,

-common

dated

appreciation, had

orders,

V

;

State

insurance

money

"Special

at

50,958

227,842

170, p. 248,

-this

$335,673'

__—$291,796

to

portion)

(current

accrued

York

restriction, the

15/47

1948.

.

&

200,000

a

,

Subs.)—Earns.

(&

1949"

share—$0.09

dividend

of

Transportation Co.)

$4,355,677

$3,831,362

237,334

income

12.

p.

'

credits

dividends

dividend

$3,880,154

90,680

charges

Net

—V.

71,073

9,807
$726,234

deductions

Fixed

shares

Stores Corp.

30—

taxes.—

common

preferred

certificates

3,502,851

1,227,070

80,620

'_

after

pgr

June

United Power & Transportation Co.—Ctfs.
All

28,709,553

24,699,925

284,281

304,246

-

income

1949—6 Mos.—194$

5,170,649

170,

New

$2,688,014

$623,495

Income

then outstanding.—V.

-

4•"•••":v. ":/■•:•.s:.
$2,700,000

&

"The

*$2.46

,

after

and

190,849

200,000

C.

468,283

^

$2.63

outstanding

267,044

185,181

»'•

company

moved

$2,079,790

936,56G<

1

3,451,024
,

United States & International Securities Corp.—Earn¬
ings for Second
Quarter—Dividend
Restrictions, Re¬

1946!

$2,463,907

$2.5.4

shares

and postwar contingencies."—V.

149,352

income-

oper.

*After

$6,495,217 $31,801,619 $38,102,536

10,927

$2.75

Operation-

'551,013

Jt. facil. rentals (net Dr)

Other

profit

Ended

including $106,250

\

/

common

preferred stock

on

Months

•Earnings

26,500

■f

$5,394,820

__

951,565

United Cigar-Whelan
Six

,-

1949—Month—1948

Operating revenues
Operating expenses
Ry. tax accruals
-Equip, rentals (net Dri-

$2,418,002

951,565
"

1

3,349,776
246,327

charges

for

—v.

■

$4,010,813' $3,385,126;
1,546,911
1,305,336

1,518,775

2.393,869

7,706,466

value

nom.

surplus—reserve

V;

Union

V

subs.—at

reserves)_______

Total

,

standing
■

(less

deferred-

payable

Boeing

1947

$2,657,907

—

share

936,566

on

requirements

170, p. 535.
1

1,665,804

outstdg...

per com.

*Based

Shares

Texas & Pacific Ry.—Results from

the

2,318,798

Earned

;
?■;

(& Subs.)—Earnings—
1948

$4,323,711 ' $3,936,777

taxes—,,

—

shares

Earnings

26,500

—

income

profit

Com.

severally agreed to
follows:

White,',Weld & Co

European

6,584,500

6,326,511

ppr)2,840,000
Common stock ($5 par)_____r_._.
1,299,932
Capi'y",l surplus ______—' 2,205,677

the company

from

!
$964,344

6,501,438

.

4%%

"

1949

charges.:.

>

Corp.
.1
26,500
Securities Corp.— 26,500

26,500

Co

;

'

Name

Corp
26,500
Langley & Co.—1 26,500

C.

'

has

as

are

after

Federal

Stone & Webster Securities

33,125

Blyth & Co., Inc
First Boston
W.

which each

Shares

& Co. Inc.—

,

common J stock

thereof

stockholders,

—

Read

"The

the

shares

selling

the

'

in

r

<

„

June 30,*49 Dec. 31,*48

reserve

Appropriated

■

sold privately

were

underwriters

the

of

names

are

order

on

SHEET
*•'

assets

payable

Purchase

218,625

250,750

—

•Of the shares originally acquired, 30,000 shares
by White, Weld & Co. In April, 1949..
" •

.selling

Stratocruisers

6 Mos. End. June 30—

13,125

V

BALANCE

reserve).

(less

payable:

Deferred

,

Mainliner

seven

United Biscuit Co. of America

•

5,600
62,500

(

Total

has

63^750

—$19,977,658 $21,558,097

Income

March,'

in

$632,689

•

.v

;

Insurance

!l

_____

(less

accounts

and

Accounts

Airplane Co.—V.170, p. 599.

•

White,

start

62,039

■

,

Banks

15,800

62,500

Jr
:
Corporation——:———_

Securities

jvill

Enabling

$231,492

'v",

■

LIABILITIES—

Notes

expand DC-6 service to additional 'cities along its coast-to-coast,
Pacific Coast and California-Honolulu route, Mr. Patterson said,- .
•
'
In addition to purchase of the new DC-6's from
Douglas Aircraft,

2,500

6,200

Ogg———a—————

Warren,

Union

Delivery

total of 44 DC-6's,

a

15,800

—

accounts

trade

property

-

'•

; \

•j

directors.

of

15,800

——t—
—,——*—

—

board

419,355

$1,049,626

other

'•f

to

-4.300

j

2,500

Unlted's

226,364

142,005

"

60,350
i;'

Total

of

They will give United

Crl08,827

'

Plant

{

approximately $4,329,800, It has been anA. Patterson, President, following approval of the pur¬

by W.

by

'1950.

4,300

4,300

;

chase

6,200

,

224,407

240,288

CONSOLIDATED

,

Prepaid

v

at

nounced

62,500
'

:

6,200

.

4,300 ;

_____

—

Langley
Lynch

C.

Henry P.

,

$1,278,408

'$224,393

*■ '

Total

after

fleet

cost

287,578

$597,904

dividends

Investments
-

Douglas DC-6 Mainllner 300's will be added to United Air
a

: 370,093

cents

more

Lines'

374,027

(estim.j

Inventories

,

Five

3,000

62,500

-----;—

—L

Hay

William

'

•

6,000

Jr.———————■_.

Goodman

H.

'

_____—

——

Berdell,

John

31,000

Noyes &

charges
foreign inc. takes

Instalment

The

-

comprehensive analyses.
Mail revenues in 1649 average 65
ton mile including lump sum payment of $199,938.

To Add Five Planes—

,

104,820
$1,565,986

prop.

income

Note

P
Presently

Being Sold
25,000

194,777
$967,997

•$92,932

physical

+

and

-Other

Shares

Shares
Owned

v

$1,461,166

Cash

purpose,; of establishing the temporary rate for 1948, the cost
grounding DC-6 aircraft late in 1947 and the early part of 1943 has
estimated to be $2,000,000, and this cost, capitalized as develop¬
ment costv
is to
be
amortized
over
a
five-year period commencing
June 1, 1943,
The'statements of income for 1948 have been restated to
reflect the capitalization of
$1,500,000 of this cost in that year.

'

2,187,271

$773,220

ASSETS—

For

'

1,936,637

$281,095

of

income

'

,

1947 with the Civil
compensation.
Mail

1,

of

i

'

1,928,793

*

-

•Loss.'

temporary rate, were established to provide
1948 oily on a break even basis for domestic
on

exp.

credits.240,439

amort,

&

Preferred

The

has

Aeronautics

1947

$40,656

general

income

Gross

Net

213,240

Nil

$0.43

'.been

,

Name—

income

Income

carry-back features of the tax law.

return

and

operations....-;

'

agreed to
1

have

1948,

tCr347,000

$1.47

tCredits result

in

Subs.)—

(&

1948

$9,940,775 $13,035,428
7,230,918
9,386,991

*$175,754 *$1,021,515

" 1 106,620

106,620
'

no

per

named below who pur¬
of 280,750 of the 625,000

privately in July,

tCrl77,108

$910,134

more

.

aggregate of 218,625 shares.

an

stock

common

share.

Civil

from

,

-

from

Gross

■:?

stock..

operations but including

:*■

.

.

pfd.

on
Feb, 21, 1949.
-mail-compensation

be issued by the Board of Directors
time to time, as provided in the Certificate
of Incorporation of the Corporation, as amended.
*
tAfter deducting 140% shares of common stock held in treasury.
the. Corporation

Other

Cr670,391

400,000

tCr89,044

$3,147,382,

....

sold

admin,

Profit

ance

tShares of preferred stock may

of

Selling,

revenues have been stated at a rate averaging 91 cents per ton mile for
the year 1948 (including a lump sum payment of $2,902,000i. in accordwith temporary rates established by the Civil Aeronautics Board

,

be

may

of goods

Corp.

1949

$7,352,228
.5,382,779

*$2,038,906

713,344

1

377,372

NOTE—The company filed a petition
Areonautics Board for an increase in

-

one

$365,482

12,506

$1,322,640

$3,435,710

(neti..

com.

per

"Deficit.

.

issued under the
mortgage securing the bonds, subject to the restrictions contained
thereiij. The total principal amount of bonds which may be out¬
standing
at
any
one
time under
such
mortgage
is limited to
in

'

requirements

-

4'/*%

on

i

\2,205.011 63/104 shs.

3.000,000

share)

per

bonds

•Additional

8,,971,136

.

26,096.535
23,,751,768
14,385, 814
15,636,150
$25,151, 562 $22,152,524 $42,808,852 $35,,797.497
42,443.370
37,,836,403
20,829,884
21,715, 852

income taxes—_

income

'Dividend

:

.

-

Xpar

$60,000,000

$60,000,000

Cost

Fed.
Net

Earns,

■

per

_

stk.

Federal

,

.

.

.

—

stock

:

deductions

Hoffman Machinery
^

3,,546,097

10,912.895

States

sales.

Deprec.
Other

.

ser.

—

share)

•

Com.

3%%

ser.

*

2,927,935

5,135,599

'

Net inc. from opers.—

,

Outstanding

bonds—

line

Net

4,,079,591

1,764,874

—

Freight ton miles
Revenue plane miles..
Operating revenues
Operating expenses

'

>

1949

Authorized

5,305,179

2,174.456-

5,715 ,244

•

miles

ton

2,709, 264
1,453, 489

miles

ton

Express

new

CAPITALIZATION AS OF MAY 31,

United

Six Months Ended June 30—

627,638,512 537 ,000,370
79.638,559
68,,260,949

—_

of

capacity

per

Monday, August 22, 1949

1949—6 Mos.--1943

3949 -3 Mos.—1943

Revenue passenger miles 375,281 ,543 339,011,011
Total ton miles-—.
41,703,152
46,021, 662

Upon completion the entire system will include approximately 2,870
pipe line with 18 compressor stations and will have a total

delivery

CHRONICLE

FINANCIAL

&

United Air Lines, Inc.— Earnings—

corporation expects to
line by the end of 1949.

The

through the

gas

with

Ohio.

Middletown,

near

deliveries

miles, of

gas

COMMERCIAL

THE

(696)

investments, $14,379,774; .total, $30,924,008.—V, 169,

p.

706,

Virginia Dare Stores Corp.—July Sales—
-

Period End. July 31—
Sales

—V.

—

169,

p.

1949—Month—1948

$462,589

1949—12 Mos.—1948

$524,538

$6,750,339

$5,670,272

2758.

(Continued

on page

49)

.

a

COMMERCIAL

THE

Number 4831

Volume 170'

&

FINANCIAL

CHRONICLE

(697)

Stock Record «» New York Stock
DAILY RANGE OF PRICES

i

Range Since Jan. Y

Tear 1448

9 per

Leweet

HlfhMt

Lowest

r,

I per

-

9 per share

share

37

76

100

Dec

2%

f per

18% Jun

13

*17% Jun

14

20 y* Aug

14% Feb

23% May

Dee

46%

27%

Dec

41% July

27% Mar 28

22%

14% Feb

5

5% Jun

20

7% Feb

:

35

Jan

Dec

Jan

46

Xl8% Dec
99

2% Not
13%

.

Not

2%

Feb

65 Ya

Dec

•

Dec

100

Mar

90

Apr 14

2% Feb £5

3% Aug 11
75 1

17 Yo Jun -14

27% Jan

May
Apr

83

July

Jun

6

May

165

Jun

15% Jun 14
25 y8 Feb

94,

83% Jan

8

25 y8 Feb

25

73

Dec

98

76

22

*25

Not

.

83%

Feb

34 ya

Dec

i

31%

Not

3% Not
44

50

2% < Jim:

37

May

62%

'

83% Aug 18
31% May 10
3% Jan. 6

•

43<

Apr 29

89% Feb;

3

6% Jan.

Mar

68

Mar

51

Jan

4

20

Jun

13

'

6

■

66 y8 Feb

J

35

70

May

61% July

43%

MaV

30% Mar 23

Jun

96% July 11

Feb

:

Not

111
10 y*

% 6% Sep
3

Dec
Jun

6%

Dec

5% Jun

177

<28% Not
<74

Not

21 ya Jun;

Jun

3

100 y«

V American

27

May

19% July

1

110

Aug

106% May

6

May

38

Dec

Dec

39% Feb

15% Feb

8

20%i

Jun

Dec

22%

Jun

14

81

Dec

94

Jun
Oct
Jun

99

33%

Feb

25

43

Feb

94%

Feb

107%

35 Ya Feb

3

5

13%

19%

Dec

89-%
14%

3

58

3

37

Nov

77%

Jan

37

Jun 17

Dec

43% May

34

Jun

13

3 % Jun

51

6

3%

7%

Dec

Jan

Jun

63

Feb

26% May

46

5%

>

Jun

3

47 V* Jan

5

29

5 Ya Jan

23

7

79

Dec

92

Jan

73

10%

Feb

15%

Jun

Jail

13%

16%

Feb

1

Jun

108

12%'Jun
73

21% May

11% Jun

94%

76

Jan

10% May

4% Jun

24% Mar

Jun

35

July

98

8%

Dec

f29

6%

11%

Feb

<80% Nov
.'69% Nov
f 12%
Feb

162% Nov

I'

.

13

96% Jan

-

Jan

5 %

8

70% Feb
10

169

;

Jun

6

V

;

•

14% Jan

>

Aug

46

Apr

37

41 Vsr Feb

13

7

125

Nov

25% Nov.

39 Ya Jun

May

163%

35%

Dec

27

10%

Deo

24%

34%

Feb

41

130

21V4 Jan

Apr

17

12% Jan

25

158%

120

Jun

68%

Jan

Feb

115%

NOT

6%

Dec

*33% Not
Dec

90

76% Mar

*5%

Dec

144

»

16

Jun

July

10

Jun

14

126% Jan

American

Jan

150% Jan
151
63

49% May 10
*117% Apr
6% Jan

3

56% July
Jun

21% Jun

104

83

112% July
8% Jun

593/4 Jun

Jan

6

6

6%

Am

6% Jan

32%

18%

36 Ya

Jun

14

Apr

8% July

6% May

2% Aug

page




15% Jun

55 % Jan

46%

46%

37%

363/4

36%

•36%

4%

4%

4%

4%

83/4

28

283/a

28%

28%

9%

93/8

9%

1

•17%

18

1

14 %

143/s

78

78

12%

5%
26 Ya

5%

143/4

*

».

>

26%

-

13

100

156

*39%
142

100

2,900

2%

19,600

2%

2%
55

54%

♦54

3,500
14,700

10

•36%

37%

363/4

363/4

4 3/8

9%

41/4-1

2,500
200

3,400

43/8

48

*46 «/2

28%

'27%
9%

100

28

93/4

U

48

8,800

9%

♦98

3,000

«

104

*13

104

,13%

13%

17%

147/8

15 Ya

14%

100

17%

i5y4

15

82

80

81

•5 Vs

; *51/4

5%

*27 y8

27 Ya

105

J

♦103%

♦103%

105

*6%

6%

6'%

6%

33%

33%

33%

*33

123/s

-

12%

12 y8

123/s

: 12

101

101%
85% H 86
13%
13 Vs

<•>'••

♦J. 76%

180

100

.

t

86

133/8

13%

*176%

180

6%
12%
100

♦176'A

73/4

8%

343/4

35

34%

351/4

33%

39

;

39

♦383/4

39

39

473/4

48

47%

48%

156%

1573/4

*30%

*393/8

40%

♦142

143%

*142

48

y8

157

48%

157%

/:

483/4
1573/4

.

77/8

157

'

40%

♦39%

403/4

*39%

143%

•142%

143%

♦142y4

157 »/a

23%

233/4

237/8

23%

24

237/8

420

\

26%

26 y,

26 YA

26%

26%

267/8

70%
•149%

58%
120

9%

9%

*124

127

18%

18%

145

145

70 7/8

70%

149%

150
-

58%

♦1197/a

120

7%
241/a

♦

387/s
126

126

18

18%

145%

145%
71

71

150

150

58%

58%

120

120%

9%
397/1,
126

18%
146

71%

1457/a
150%
59»/2

1201/4

♦1201/4

.

146%

59%

60

120 »/4

120%

1,100
35,000

6,000

151

150

150%

<

72%

72

2,200
4,000.
100

18%

1453/4

72

»

40

127

*18%

146%

71%

10

39%
*125

18%

59%

■J:>-

870

60

4,000
210

120%

7%

7%

7%

7%

7%

7%

7%

3,200

24%

24%

24%

257/8

25%

26%

25%

257/8

12,800

*81

86'/a

♦80

87

64%

*61%

64

*62

6%

*6'A

6%

61%

61%

61'/a

v

291/4

•V

29

29%

271/4

••<::.

27%

28

■

V

29

*27%
34%

34%

I

*62%

63%

6%

6%

*60%

61%

61%

627/a

29%

29%

29

281/4

273/4

34%

34%

34%

105%

♦104

105%

♦104

*50%

52%

*50

52'/a

52

52

Corp_—10

217/a

22%

22

22%

23

24%

20

10%

10%

*9%

10%
3

867/a

♦82

807/g

63%

6%

34%

3

*80

63%

6%

105%

3

10

9%

40%
127

18%

150%

867/8

3

93/8
40

•125

900

7%

7%

24%

58

••

9%

9%

38%

38%

37%

106
2,800.

237%

263/8

144%

.

220;

3,500

:

'

23%

25

y

3,700
•'

403/4

26%

♦18

■i r

8,000

144

23%

•123%

5

15,200

39

77/8

26%

9%

100
common—14
100

4.90Q

'

347%

38'%

23%

37

4,4§0

/

8%

7%

34%

157

~

/

180

463/4

40%

100

-s
900
i-.' 45,800

13%

38%

157%

'vlv"

85

13'A

.

200

1,000

..

"

85

.

110

'

;

105

34

99%

101%

85

5%

7% /•■ 7%

39

6,300

200

;

27%

27

.

♦32%

*6

V

81

5%
267/a

♦104%

*

7,700

'

34%
;

473/4

142

13

*5%

101% <

180

83

12'/g

26%
<

6%

♦793/4

13

80

82

'

83

127/a

•79

83

1,100
/

26%

3

9

173/a

177%

13 y8

105

♦176%

180

73/4

♦383/4

>

13%

34%

100

Mining

17

•17%

6%

Copper

500

17

♦13

13

5% / •"

*6

-

34%

if / 47%

25

W Products Co Inc

400

183/4

18%

13%

*611/4

A P

Shares

6

18%

17%

*78

26%

*104%

7%

-

:•>-

No par

Anderson-Prichard Oil

•5%

6

47%

♦9f

104

13
83

263/8

6%

♦176%

No par

Andes

1,000

47'/2

9%

78

<

*5%

105

'

•

;•/' <84'-

par
par

com..12.50
$4 preferred
No par
Anderson, Clayton A. Co
21%

33

*32

32%

14%

17%

*80

83

♦80

par

Anchor Hock Glass Corp
<

600

10 y«
483/4

28

*81

A

7,600

<

*17%

13%

78

12% ? 13

29%

3

*98

♦13

104

14%

100

v

'

5

preferred

447/8
108%

•

47 y»

♦46

28%
9%

27%

27

48

♦45

47

9%

110

45%
108%

*

45

109

4%

4%

47

17%

common..No par

9%

49 v;
37%

48

•46

54'A

9%

8%

46%.

•36%

common—100
100

10% Aug 15

1

8%

47

-4;

1

Foundries—No par

24% Aug 18

24.

55%

523/4

♦43%

133/8-

7

4

52%

8%

13%

13

4% Jan

523/4

1%
513/4

27 y8

<105% Aug 15

99% Mar 29

48% Jun 20

2y8,

29

35% July 26

Jun

2%

25
50

3

Jun

1%

No par

25% Jan

60%

1%

Cable

Jan

46% Mar

163/4.

85%

$5 prior conv preferred

62% Aug 18

35% Jan
35% Jan

16%

99%

Woolen

♦53/4

183/4

16%

84

Inc

53/4
18%

16%

1%

300

1,200

the Week

183%

8%

2.000

18 '/a

•alee fee

16

513%

,* 46%

46%

Friday

*18

STOCK

46 Yi

Aug. 19

16%

CLOSED

109

I per share

18%

EXCHANGE

*107%

Aug. 18

16%

1%

; >■

Thursday

♦173/4

84

Tobacco

32%

109

9 per share

•18

99%

Sumatra

44%
109

32%

5%

6

6

6%

46

Aug. 17

9 per share

Wire

38%

:

9 per share

•107 Ya

9 per share,

Aug. 16

Aug. 15

9 per share

6%

45

LOW AND HIGH BALI PRICES
Wednesday
Tuesday

Monday

Copper Mining

14

see

32 y*

Anaconda

1

14

22% Jun

footnotes

31%

32

31%

Anaconda

48% Jun
25% Jun

For

109

7

May

Dec

45

♦108%

8

67

Feb

44%

108%

*60%

41% May
45 Ya Jun

Mar

44%
108%

$4 conv prior preference—No par
Amer Zinc Lead A Smelt com
1

7

Feb

*

447/8
108%

99%

Stores Co..

46%

44%

12%

Water Works Co

7%

4

Feb

8

77

12

preferred

American

17

Jan

80

NOT

107

76%

12

American Viscose Corp
5% preferred

91% Mar 11

Mar 31

51

Sep

77 Y2

11%

American Tobacco common

7

30%

98

77 Y^

33%

American Tel A Tel Co

5

Aug 19

38% Feb

2

4% Jun

American

120 Ya Aug 17
8% Mar 30

18

Apr

17

30

;25% Oct

77

32%

American Sugar Refg
7% preferred

'

72% Aug 19

3

Jun

13

18% Aug 18

3

135

71% July
8%

-

6

60% Jan

138

Mar :<

120

77

/•77-Z;

34%

American Stove Co

40% Aug 18

1,000

*75

*6

preferred

Steel

22%

22

1,000

77%

109 i '

•

21c

4,400

16

♦104

Snuff Co com

non-cum

American

2

7% Jun

31% Feb

54% Mar
46%

7

27% Aug

6

6%

9

Jan

28

Jan

147% Mar
Oct

143% Aug

3

American

July 26

May

131% July
20% May

131

Jan

41

19% Jun 14'

Jun

,16% Deo

116% Mar

5

221/4

,,

70

*68%

%

16

1

Co

22%

69

*18

cora.No par

Razor

22

v

187/a

33%

Safety

69

.

16%

*46

—No par

Seating

2,100

287/8

28%

t

187/a

———.100

No
Amer Ship Building Co
No
Am Smelt A Refg common—No
7% preferred
American

157 3/4 Aug 15

11

142

Jan

M0

Feb

34% Jan

Jun

35% May

21

{.,

American

3

56% Jan

36

29

♦16 Ya

•

•107y4

lOSVi

•5 preferred
4.
^..No par
Amer Rad A St San'y com—No par
7% preferred
100

8

Sep

4
17?

3,900

134%

184

16%

^

Light com—No par
No par

A

$6 preferred

3%
94%

3

>1 94'/a

94%-,
185y4
29%

187/s

•75

*

8% Aug 18

8'

Power

Amer
.

30Q
'2,900

187/a

100

News Co

'

■

6%

16

No par

Co

22

3%

94%

185%

69

•68y8

<

;.

287/s

28%

„

3

94%
186

,*
V

63/s;

16

Fdy Co com—No par

Molasses

3%

3

93%
185

•

18%

100

preferred

American

176% Aug 10

Mar 31

38

,

4%%

American

7

6% Mar

-

6 V4

16

♦13

American Metal Co Ltd

6%

,6%

18 Ya

9%

3.90%. preferred

1,500
'

6%

,

'

45%

*98

Amer Machine A Metals

33,300

9%

33%
101

157%

13

Amer Msch A

<V

*99%

19

28%

preferred

,"33%

•:

46%

15%

1

common

;-;I-9%

101

46

50

Locomotive

9% :

33%;

9%
33 y2

♦99%

1,400
;

109

No par

preferred

69

22

10

com

s

100

*66y8

*107y4

104

Aug 17

23% Jan
-Jun

Co

1,100

24%

24»A

;

,

22

1

preferred

9%

337/8 ;

69

109 /

Export Lines

Ice

♦66

22

Aug. 13

A Leather com

65

19,700

♦io7y4

Saturday

STOCK

97/8

♦641/,

24%

4,900,

42%

"

1

9.

93%

22

700,

111

413/4
9%

<

66

24%

69

33%

3%'/

:. 600

40

111

10%

65

24%

100

185

185

1,000

23/4

♦37

413/4

6,800
i. 600

85

303/4

2%
1

;.

112

9%

:

65

<

233/4

997/s,,,

V
3%
■M 93 y8

13

12% Aug. 16
86

Oct

Mar

YORK

non-cum

7%

101% Aug 16

10

Jan

Mar

:i

-

♦98

8

12 yo

;

93

100

July 22
6% Jan 22

28

139

*

100

Encaustic Tiling.,

conv

6%

303/4 Jan.19

Feb

<31

preferred
Co

65

'V-.':6»/4 ■'! 6%

American International Corp.No par

104

83% Feb

16% May »■"
176
Jan

68

-

3%

3 Vu

& Cable—.No par

Chain

non-cum

6%

20

Dec

46% Feb

6%

45%

Aug 17
7% Mar 14

7% Feb 25*
11

Jun

95% May
86% May

•

6y4

..1

997/8

997/8

*99 Va

10

•66

87/»

American

36% Aug

iv

33«/2

*17%

82
*

v'

65

69

♦66

69

♦65

24 -\

23%

8%

American Investment Co of 111

Jan

•>

'

No par

5

6%

•

•64y8

67 Ya

American

10

16%

'

23%

<67%

14% Apr.12

3

Feb

Aug

102

4

32

Dec

35

Feb

22% Jun

5% Jan

Dec

*

Dec

5%

;

64%

233/4

•

•111

41

9%

30%

303/4

2%

12,800

96 <

29%

*83

40

■

,41

40%

10

33%

American Home Products

.

7 :

;93

9%
64%
.

111% 111%'

f

40%

93/4

8%

18% Jan 20

3:

Dec

;

40%

10

*37

32%

♦92%
v..

31

2%

40

287/8

32

83%

*30%

2%

2%

*28%

6Q0J
600)

17%

.

30%

83

1,300)

*16%

96

30

V

31

•37

111%

110

40%

*:

23/4
40

34%

18% July 25

13'

Dec

6

12% Nov

111%

40

23/4

68%

27

13 % Aug

22

Jun

<72%
:

;

♦37

8%

American Hawaiian SB Co

May 17

100
'

14

Jun

26%

Dec

95%

15% Mar

Jun

19

;

*92%

;

83%

;

*30%

31

68 Vs

American Hide

9?/4 Aug 18

5

Feb

11% Feb

8% May

Dec

J

24

24% Jan

46

Jan

'

20%

32%

30

29%
*83

83

.* 31

41

♦110%

No par
Inc...—40c
Amer A Foreign Power com__No par
$7 preferred
No par
$7 2nd preferred A
No par
$6 preferred
No par

4

Jun

5

283/4

96

*91%

,>

28%

American

31

37% Feb

-

293/4

823/4

2%

2%
♦37

Par

4

Jan

96

?>>; 29%

31

♦30%

Colortype Co
10
American Crystal Sugar com
10
4%% prior preferred
10b
American Cyanamld Co com
10
3%% conv preferred series A. 100
American Distilling Co
20

10% Aug 18

Apr

17%

283/4
32

200)

181

181

.

32

100;

,

*7% :V 7% ' ;

-7%
181

*16%

28%

k

American

8

Jan

v

•

*93%

;

83

♦82%

EXCHANGE

6% Jan

31% ,32%

,

28%

NEW

2% Aug 19

7

313/4

283/8

;

28%

American

35%
!

28%
;

-29%

29%

American European Secur

1% Jun

Jun

17

28%

*16% '17

*7%
181

181%

17

28 y8

18

44

Jan

Dec

6%

7%,

7%
180%

.100

American Chicle

1

Apr,

; :

73/8

180%'

1793/4

-•33%

common

6% Aug 10
19% Aug 10

5

;•

*6%

i

"■

96

♦93%

Inc.._1

Co

13% Jan

Apr

4% May

1% Sep
42

,

100

15% Feb 24

Oct

19

Dec

6%

No par

t per share

4% Feb 28

7% May

14% Mar

•

1803/4

2
com—

preferred

7%

-

American

!

36% Mar 31

f per share

9 per share

Jan

6%

STOCKS

Highest

f per share

87

184%

Hangs Sines Jan. 1
Lowest
Highest

Year 1948

<

*82%

92%

Co

Can

Rawge fir Previous
Lowest

87

183 Yi

v

Aug 18

109

25% Jun 14

49% May

5

45% Aug 11

8

Jan

*82%

American Car A Fdry com—No par
7%
preferred —
100

Mar 11

87

87

25

.

17% Mar 21

71% July 29

*82%

180

—50

Corp

Shoe Co

Broadcasting

American

18% Aug 17

14

14%

July

47% Aug

15

Jun

51

15

109?

87

1

10

Amer Cable A Radio Corp

11

82
,22% Mar 30

1

Jun

60

Jan

18% Mar

104% Jan

";&?82%-

.1

preferred.,

conv

7

Jan

87

100

:

Bosch

Amer Brake

Aug 17
33% Jan';7

6

preferred

American

186

172% Mar 17

Jun

49%

93

Allied Stores Corp common—No par
4% preferred
:
.100

IF'

-

♦90%

31%

94% Aug 18

3

Jan

81

v-

93

17%

6%

3% Jan

2% Jun 13

02% May

♦90 %

28%

preferred

5,700;

19%

19

94

313/4

common..,

500,

75

*72

19%

1,300

527/s

52%

*90%

♦82%

Mfg common-No pal
preferred
106

50

16,000

92

28%

conv

3

3

,

75

200
:

-

•90%

.16%

Airlines

3%

3,900

16»/s
70

19%

5

cum

16

91

No par

conv

:> 3%

♦69

53%

19%'

107

3%

71

♦72

19%

♦103

16%

,

5,800

22%

223/8

19%

1

:

2,300

47

*46

3%

52%

71%

19%

19%

19

71/4

7'/a

73/8

3

52%

71%

72

•70

3,700

3%\

3%

52%

53

18%

23%

♦69

3%

%

4,900

18%

91

No par

'

*■76% Feb
163% Oct

72

♦70

gtd__100
—

3
* 52

•>.

500

34»/2

107

♦16

69

3%

53%

-,.

2,400.

40%

18%

*103

16%

3

20%

34%

48

*15%

s

19%
40%

7%

107

69

3,000

34%

223/4

22 %

3%

3,;

3%%

10% Jan.

1

/ :3%

20

40

•46

48

20

1,100

20

20%.

3%

16%

52%

7%

7%
22%

6 9 3/4

10

Jan

104

18%

♦103

♦15%

American Bank Note common

'

103

183/,

18%

.

*68%

14

Jan

34%

3%

693/4

American

10% Mar 29

*7% Jun; 29
31% Deo

<

107

*103.
':

16%

i'

24 ya Mar 31

•

;

♦68%

-

10% July 22
67% July 26

10

3

40

34%

♦46

♦15%

common

Alpha Portland Cement.
-No par
Amalgamated Leather Co com.
1
8% convertible preferred..
50
Amerada Petroleum Corp
No par
Amer Agricultural Chemical-No par

'

111% Aug 17 •
42% Aug 19 :

7

20

40

22%

^_5

SV*%

31'

Jan

107

22%

3%"-3%

4Ya%

AlllSrChalmers

30% May 12

3

14

34 Ya Jan

Jun

\

'

29% July

Not

<18% Mar

58%

.x

Jan

121

:

Jun

26% Jan

Oct

6% May

,

6% Oct
47

Jun

•

20

'

Aug 11

,

•103

100
10

Ry_

Mining

Allied Mills

32% Aug 18 *

25

Jun

42% May

91

20

♦34

48

•46

22 %

Chemical A Dye
Allied Kid Co

28% Aug 18

Dec

Inc

Gold

Allied

"

26%

Vicksburg

Juneau

Allen Industries Inc
■

1

18% Feb

19%

7%

.7%

48

22%

No par

Allegheny A West Ry 6%

10

188% Jan 24

24% Jun 15

Feb

Mar 12

8% Jan

7

A

Inc

7%

7%
♦46

—50

w~.

w

Allegheny Ludlnm Steel Corp.No par
84.50 conv preferred
No par

17

13

Jun.16

Jan

Mar

preferred
Reduction

'

93% Feb

21%

•

.

7 *

*

1
Equipment com—1

preferred ww
100
Allegheny Corp common
l
6%% -preferred A
100
82.50 prior cony preferred-No par

May 13

104

July 12

90

34% May
37% May

25

$3

Aldeng

64% Jan 24

16% Dec

81

v

Alabama

53% Aug 11 '

25%

Dec

•

Air

4

.

19%

18%

9

May

11%

18%

2

.

Mar

May

198

Mar

18%

70

34

96

7% Dec
*171

18%

16 y2 Aug

•

15

40% Feb 25

.58%

109

34%

;

2%

2%

40

34%

CLOSED

2%

2%

20

♦38%

34%

"

64

75

Dec

23%

<

19%

39%

,

2%

3,700

102'/s

40

20

33%

1
No par

Shares

45%

102 7/g

Xl9%

19%

the Week

45

45%

20

19%

19%.

Alaska

2% Jun 2113 y« Feb

19

3% Apr

EXCHANGE-

20

•alee fee

S per share

102%

♦98

2%

,

39%

103-

4% May
Oct

Dec

37

.

193/4

STOCK

3/s

2

2%

102y8

*98

-

Admiral Corp
Affiliated Gas

23% May 16
Aug 10

9

4% May

:

21% May
80% Jun

Dec

65

3

97% Mar

May

2%

2%

—10

Co

Express Co

47% July 13 :

18% Jan

27% May
108-

Not

8% Apr

-

102 %

44%

44%

44%

44%

43%
♦98

Addresaegraph-Multlgraph Corp_lo

'

20 y» May 17

May 25

102%

Friday

Aug. 19

"

Aug. 18
9 v*r share

9 per share

t per share-

45%

♦98

Adams-Millls' Corp

7

34% Aug 18
-

44

No par
2.50

Thursday

Aug. 17

Aug. 161;

9 per share

9 per there,

Wednesday.,

Tuesday

...

Aug. 15 ;/

;

5

Co

Motor*

Steel

Acme

11

41% Apr -

5

Par

Laboratories

ACF-BrHl

21% May 26

35

-

Abraham A Straus

7

3 Va Jan

Monday

Aug. 13

:•

7

102% July

2
16

Saturday

'

there
Abbott

?

LOW AND HIGH SALE FHBCM

STOCK,

NEW YORK

EXCHANGE

45% Aug 18

14

May

1% Jun

Jan

'

.

Hlgfcee*

thare

Jun

70

May

6%

Dee

FOR EVERY LISTED ISSUE

k

<

STOCKS

luct for PntIms

Exchange

WEEKLY VOLUME OF TRAM

YEARLY RANGE OF SALE PRICES

r

13

*10%
3

105%

11%
3

*28

6%

200

65 Ya

6%

V

2,300

62 7/8
-

'

270

29 Y*

*61

9,000

28%
35

430

2.100

341/4

35

♦104

105 %

105

105

110

*51

52%

51

51

200

247/8

24

24%

23,200

11%

*9%

10 y2

100

*2 3%

3%

341/4

24%
♦10

27/g

3

50a

14,

THE

(698)

COMMERCIALr &

NEW

"24

Nov

89

Dec

6%

101%

Dec

Jun

35% Aug 18

Armco

Feb

95

Jun

15

5

Jun

13

7% Jan

8

7

77% Jan

10

41% Feb

56% Jun

38% Jun

13

Jan

99%

94

Jun

22

99% Feb

198

Nov

105% Jun

15

13%
11%

Jun

115% July

Dec

18%

13% Mar

Jun

19

May

Dec

111

87%

Dec

106

Jan

35

95
87

Jun

,

84"

13%

Dec

19%

Dec

40% Aug 18

Jun

14

105% Jan

14"

103% Jan 24 '

Jan

Jun

114

91

•

Feb

99

Nov

25% May
64% Apr

20

Jan

42

Jun

48% Aug

'.Jan

100

Oct

99''

24% Jan

16

Dec

9% May
16% May

114

Sep

20

4%

12% Nov

4%
4

•

Jan

Feb

7%

-

34% Jun

4%
Austin

Jan

Conv

24'

>:

7% Jan

14

7

44% Jan

*

Co

Automatic

47

*99%
110

V-

Av

lio

;

*

14%

V;

61 %

*60%

61%

500

48

48

48%

48%

900

99 %

*109%

.'14%

•:

99 Va
110%
14%

*14%

9 Va

*8%

9 V«

14%

14%

100

39%

86%

87

v'-

101

11%

*96%

98

96

97

40 Va

40%

40 %

40 %

4,300

87

88Va

88%

88%

87%

88%

*100

4,200

101 '/a

101 Va

300

/

101

*83%

85%

*83V2

35%, 35%
109% 109%

35%

35%

35%

109%

*109%

109%

99%

99%

12

12Va

35%

67

36 Va

*65%

85%

*12

83%

12

*83%

2.000

67

-

*83%

37

85%

36% ;

HO

1,400

25%

35%
*65%

85%

x36%
109 Va

100

12

36
67

*65%

83%

*101

12 Va

r

36

67

100
•

101 Va 101 Va

;

36%

*109%

*109%

100

37

10,000

109%

99%

99%

23%'

23

23 % >

23%

23%

23%

23%

23%

50%

50%

51

51

51

51

50%

190

23%

51

23%
*50%'

51

100

*105

106

*17

18

2

6%

•105

*14% >' 14%
*5

12%

Mfg Corp (The) common_r-3
$2.25 conv preferred
No par

5%

5%

35%

35%

5%

*17

106 %

*105

18

-

260

106%

18

,

18

6%

6%

6%

14%

*14%

15%

*14%

40
100

6%

.',71,500

,

15%

500

5%

12%

5%

5%

5%

5 3/a

5%

7,100

12 V,

12%

12%

12 %

12%

2,500

5%

9,300

35%

600

5%

5%

5%

5%

5%

35 Va

*35

510

3,200

>

12 Va

,5%.

12%

106%

18

14V

14%

5%

„

12%

99 V8

v-N 6%

63/

/

99

*

'

$%

*14%

5'/4

5

100"

99%

106

! 17

18

0%

.

106

.10$;

*17

-

0%

200

2,500

*101V2

12

5c

104

%

9!/a

40'/a

35% ".

($1.20)— LNo par

101%

600

15

96%

12

No par

15

9 Va

102%

35 V2

99

14%

39%

*65%

99

15

9Va
15

103,

35%

35%

*35%

35%

5%

,

;

35%

B
13%

16% Jun

11%

15%

<

Feb

1

13%

'

Feb

60

Feb

,

...

1

40% Nov
X20 7

Dec

36%

!

30

>10% Nov
'

Dec
Feb

9%
21

Jun

Baltimore

22% Jan

47% Jan

3

21 % Jan

7

6

41

4

Jan

4

49

87% Feb

25

96

86% Dec

12% Apr 27

Jan

69

Mar
6% Jun

25

:

Beck Shoe

21"

Beech

Aircraft

27 % Jun. 30

32 % Feb

4

Beech

Creek

30 % Jun

37

*

16 /

16"

10% Feb

14

ll%Jutl

14

26% Dec
9

Nov

•

*

1

Bell

18

98

13

6% Apr 13 4

26% July
87% Mar

21% Feb

24

25"

73% Jan. .4,
93

Jan

28

23% Feb

v

26% Jan.

,

7

Best

-

7%

2.

11% Mar 11

,

$ per share

'

13 ". Dec

4

.36% July
19% May
14% Sep
17% May

Feb

9% Dec

,

1

4

32%Mar

30%

Dec

-i 16%

Dec

96

42%
87%

4

•

Feb

Nov

32%

1

96

6% Nov
26'

4

1

Dec

25 -

5 15% Mar

,

-

■

8%

Dec
Feb

90%
1

27

4

7%- Dec
•

' Mar

65

30%
'

Dec

16%

98

Sep
July

9;

Aug

Dec

97

95

Apr
12% Feb

,

'

16

Jan

Feb

27% Mar

1 52

Jun

1% Dec
5

Dec

,

21% Dec
9

.

Nov

101% Nov
37%
f

Dec

14% Mar
10

Mar

38

Mar
For

.

.

"Vy..,

13

Jan

10,

Jan

6."

103

Fsb

Brown

&

Brown

Shoe

32% Aug
100

5

.

Co

'

4

Inc

34'

,

Jan

May

70% Jun

94% Aug 19-

,

36

Jan

73

7
6

Apr

Jun 14

9

x97% Jun 13

121

,

60

8% May
31% M$y

3

Feb

Jon

May
*19% May
19% May
47% Dec
page

82

7

Jun

13

98ViJun

20% Jun

1

13

2

16% Jun

9% Jan
100.

Jurt

3
24

t

35% Jun 27

16% Jan

8

10% Juri

13

40% Jan

5

24

Feb

2'

Jan

•

27

1

25

»

24

7

j

.100
.--100
No par
1

46% Aug 12

7%

Co

preferred

x

2—1

Copper_--__5

Campbell W & C Fdyl—_i_N0 par
Can Dry Girtger Ale fconi—_1.'66%
$4.25
Canada

conv

preferred——No"par
Ry Co
.TOO

Southern

Canadian Breweries Ltd.i
'

Canadian
Cannon

pacific Ry

Mills

__Nopar
__25
No par

*132%

25Va

253/a

133

133

24%

24%

24%.- :

10 Vj,/

10%

10 Va

:

11

39%
1934

23%

23 Va

54

55

22%

18% -;,18Va

43%

44

•

48%

*132%

25:

1,700

103i

1,400

Friday

*31%

;•

32 Va

8;'

8

r

,.>-59
24Va

.,24%

*25V4
27

.V

*103 Vt

105

30%

•r

27

31

i:

93a

V

31

9%

V

.*32%

323,ir

',*98%

99 Va

17

•; 17

16 V«
123

i"
i

f

123,/,

9%
9%
"69

*31V4

,

.

14%

33%

14%

f

4
19

;v

/

'

r

4 Va

;

•

*36

11%
37 Va

32.

32V.'..,

-

Va

8

8 Va

*38

39%

7Va

7%

24 Va

*8"

900

39%

7 Va

<■

24%

25

24Va

26 Va/.

263a

267a

27 Va

27%v

27 *

1,300

243a

26%

27%

273/a

.

103% v

*103%
31%

*

103%
31%

31

93/8

X9%

103 Va
31 Va

9%

2,700
2,000
<

31 Va

2,800

9Va'

"9%

32%

99%

99

TOO

17V'a

17

17

17%

163/a

16%

16 %

16%

6,900

17%
16%

'

:

*32 Va

32%,:
1

'32%
*98<

s

Va

123

9%
68

31Va

:

*121%

9%

*30%

9%

94

94

14%

15

7,900

1

30

123

13,300

68 Va

v

*31

,

»

31%

100

94 V4

600

15

1,100

18 Va

87 Va

86%

86 Va

86 Va

86 Va

*80

82

80%:

80 V2

*72 Va

80

14%

..

v'

,

14 3 a' ''

,

14%

._

'

'

14%

8

14%

8%

*102%:

*4

■

*64

23

11%

1%
.

4

11%

37Va

18%

*18

13 Va

13%

13

46 Va

46 Va

37%

4%

19%;«

<14%

14^a

101

32 Ta

11%

*100

23%

54

17%'
r

8*4

*102%
;

'

■y'"7

40

8Va

."5.500
1.800

103

23

101

32 3/a

33

*32

55

4

3%

4

17%
11%

1,800
30

"

32%
54

500

900
20

1 Va
,

.

1%

3,800

4'

4

2,700

-

17%

18%
'

11%

1,900

23Va

54.

1%

730

4Va

101

*100
*23

1%

11%

64

2,400

20%

43a '•
20

*53%

-

7%

64
''

7

23%

1 Va

17%

7%

-

20%

54

*3%

17Va
106'a4

22%

•1 Va

•

600

8,300

80

64 Va

4Va>

19%

32 Va

55"

Va

17Va

>

*64

''-.7%:

4 Va
1

100
4

32 1

*53Va'

19%

-7%

:

65

4

%■;

101

-

7 200

82

14 Va

8Va
8V«, "
♦102%- 103 V

103

.'7.%

7%-.

4 Va

•sl8Va>

*22

*105

*80%
*72%

■;

•

•

V:

65

-

so

>7

"

8:i:
103
7*
7 Vat
•

-7%

*72%"-

420

15T

•

34

V

5

94 Va

15 Va

a

700

'

10 >

68

31%

94

14%

i,

80

7
'

68 «/a'

4

100

32'/2
100

'

*121%- 123

9 7/8

69%;

>

17%

.

3,300

103 Va

34

80

170

' 7%

26

*93

82:.

V 300

.,v

8%

*38

7%

18 Va

32 '>■
:

300

7.

,

'

39 Va

*30%

,'4

300

1%

34

18%
46 Va

32%

5,700

98 Va
<

17%/:

4

106 V4

*31%

*1%

34

4

1134

483a

48Va
*96 Va

2

18

1

*105

49 Va

97%

2

33 3

101
-

54%
4y«

48%

;

3.000

I7T«

XV4.--.IV4V
*17%_. 17%

>

,

2,100

43 Va

33%;

18%

32 Va.. 32 Va
-*53Va

1

8

43 Va

44

97Va

,

,2.-'
32 Va

'

1,420

V

*86', a

*7%

S-

101

22 Va

44

97

7

f'570

/

"

49 3a

-

-

V

*64

19 Va

22 Va

18

*102
'•

7%-

V4

44

9%

33 Va

*80 %

65'

*100

18%

68%

V8

*72 "a

t

*73,a'i' -8%V
V *101% 103
+

I

14

17%

80

7%

18%

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•;

94 Va
-

33 Va

'83%

*64

22

:

*86Va e8?%

87%

1438

54

21Va

19

16

.31%

*93 •>.,

.17% :

*72%

-

31%

i

17%

->*80

53 Va

23

*32:/ff

69 Va

14%

*86%.

,

£

54%

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9%

69%

93%:

,*33

<

;-r 9%

32%

900

*98 Va

.

v

16 Va ;-1- 16% >121 Va 121,% »

69

23%

18%

"

16%

3,300

23 Va

/

20 Va

21%

9%

17%

■

-

V.

9%.

323'a
99%

*16%

20

19Va

54

30Va

*32Va

500

7
'

18%

>*103%

•

6,100
;

39

27%

31

*98

>

11V 8

*37

26''"
•

2,300

11%

23

24%
■>

Va

*103%. 103 %

9%

100

13%

55

1

24 Va

27

Va

24

39

V

25% »..'26

27%

24

*7%';

8Va

24%

"26

V,

24

38

,

Shares

26

11 Va

H

20

*1%

•?%

7%

20

32%

*37%

'■

7Va

*25%
13%
11

11%

38

20%

* 97

/
•,

32. VV'.;

•8Va

39

*7

*ll'/a

.

:

•

'

40

48%

•

'

•"

26

for

the Week

43%

2

32

•25%

g»lea

.

Aug. 19
t per share

"

18%

97'

*134

7 500

-

24 V a

54

44 Va

,*96

2

133

21,800

10 Va

22 Va

:

/

1,700
2,900

27 Va

24%

19%

0

48% / 49 Va

"98

*134

>

V

25%
29

10%

Thursday

26

*38 ;

26,500

28 Va

V 133

23%

24

18%

•

;

100
300

2Va

w

..25 Va

Aug. 18

•11%' 11%

S

11 Va

:

193/4

,

2 Va

7 .27

X per share

*25%

1,500
>7,7

,7

100%

24 %

X per share

-•

13,200

lOVa

-

Aug. 17

24

4838

50

j

Callahan Zinc-Lead
Calumet & Hefcla Cons

:

133%.

.7 -v

,

;

53%:-

*96
v,

(

No par

—;

28%
28

43

/

No par

participating preferred—100

5%

6.

18% Aug 17
14% Jan,
7

Copper & Zinc-x-i—
Byets Co (A M) common

California Backing
common—No'par
'

22% Jan 10:
12 % Feb
4
109% Mar 21
May

Butte

Byron Jackson

61

41

1
.-100

Bush Term Bldg 7% 'preferred—1-00
Butler Bros common—
->_15
4%% preferred
1
—100

«-

7'*

5% Jan

7..

—

Bush Terminal

4

1% Jan;

3% Jun 27

__5

;__

common

Burroughs Adding Machine

36% Jan 20
68
Apr' 18

2

Inc

Feb"

26% Jan

Feb 26

May

Co

28%

27Va

18%

93 Va

May 14;

24% Jan
104

Watch

28 V«

27%

22 %

;

-,,14%

preferred»
3%% conv 2nd preferred
3%% preferred
*

25'

27

23%

-51

•

—No par

4%

2%X7
25%:

28 Va

*38

20%

pfd-i-JOO

Co

Burlington Mills Corp
*

4% Mar 30

-

10-

Jun

7

Feb" 10

9% Jan

1

17

15% May
44

Jun

13

Bulova

-

AUg 12
77
Feb 10!
16% Jan* • 7*

6

7,

:

Bullard

11

82

14'

6% Jun

;

40

*233a

..

1

?.

Buff Niag El Corp 3.60%

15,% Aug 10;

15

13% Jun

11 Va

19%

common——15

Buffalo Forge Co

•

7

11%

*38 V2

v.*

13

2%

*99

28%t

4

80

80

100 Va

100%
v.y.
2Va

25 V'2

Aug. 1(5

»

27

7

273a

X per share

4,900

-

25%

•

-

101%

.2%

7777 70

lOVa

25%

81

/

200

200
7

30%,

,10

13%

1

$3.60 preferred __1
—No par
Brunswick-Balke-Collender
No par
17% Mar 14 ,' Bucytus-Erie Co common—1
5
124 - Mar 197% preferred
;
100
10% Aug
8Budd (l*he) Co' common——No par
70%. Aug 10 1
$5 preferred
:
No par

Apr

*80

,,

t

11%

Aug 18

22

,

*100

i

13'/2

—No par

Blgelow

81

14

89

,30

10

257/a

13%

v

10% Jan 21/

7; 25%

*80

v

30%

9V'a

11%

5

?_10O

30%

;•

9 V»
25 Va

*13%

STOCK

2.50

■___

30'/a

9 Va

20

600

1,400

•

13% —

:13%
*87

:v

1,000

29

»13Va

13%

.11%

f.

preferred
Brooklyn Union Gas!

89

11 Va

Bristol-Myers
3%%

14

88 Va

25 y2

Briggs Manufacturing Corp_-_No par
Briggs & Stratton
^._____Nolpar

161

13%
*13%

13 Va

.100

common

13Va

,

CLOSEx)

(assented )_100

31% July 27

3

-

Roller

Co

13

10%

—

Jan

13

25%"

Bearing Co__
i__5
Braniff-Airways Inc__
!
-2.50
Brewing. Corp. of America
T_i—15
Bridgeport Brass Co
No par

7-

92

30

see

14.

Bower

*

Jan

18% Jan,

52

footnotes

47% Jan* 10
9% Apr 16

13% Apr 19

May

119

17 >
8% Mar 30;

13 Va

13

EXCHANGE

;v

_15

1

13 Va

J

10%
11% ;

r

common.

RR

35%

10% '

NO par

preferred

35%

v

No par

/

Va"

8

.29

91

30%

2 V 2 7,7

V

8

8

29

253/a

•:
,

:

8

35%

24%

•

800

82

*28%

>.

26

70

15

15
*78 [7-

13% ;

—

Boston & Maine

,

A_

Co

3%%

,

353's Feb

77

54% Sep
4

7'

olass

Inc

15
82

13Va

—5

—

(The)
Borg-Warner Corp

33

r
Apr 26
12% Feb 15

4% May
27% July
105
July
35% Jun

3

Jan

Co

B

Stores

Borden

29

27'

86

40% Jun
*

8

3?

6

29% Jun

Deo

*

»

Ami

Brass

&

• per share

1,200

:"V''77: 50

95

*35%

LOW AND HIGH 8ALE PRICES
Tuesday
Wednesday

Monday

.

No par

5

13%

44

"

■

lOVa

Aug. 15

,900

49

48%
-95

'

v -

J.2.50

-

*14%
*78

13%

•

*89

> r

100Vas

133

:
•

7 700

12%

47%
95

9,300

13 Va

,12Va

13

36%
49 Va

13 Va

*

27 Va

%

10Va;

*25 Va

363/a
49

13%

28 Va

24%

Aug, 13

——1

-

Laughlin Inc.

Aluminum

Class
Bond

,

97% Aug 18
2 Va Jan 13

,

7 % Jun 13
61% July 6

Jan

1

Jan

26% Jurt



;.

9

Bon

.,

Aug

54

27

10% July

89
.

45

21

Jan

15% Jun

-Mar

98%

5

19% Jutf 28

7

&

*25

>'

134

Va

9 per share

Par

•

Jun

'

114

Dec

2%. Mar

23%

;

;

Mar

8% Dec
73 :

r

32% Jan

1207 Feb- 16

17% Jun

Nov

79
■<

88

•

7%

8

2,

13% Jun 14"

Jun
»

(E W) Co—

Bohn

12

15% Jun

Jun

100

:"V>

25%

lOVa

-No par
No-par

-

.

Bliss

18

Jan

29% Mar 14.

Aug

'21% May
43% Jun
24% Jun

Mar

Jan

Jan

64

,

18% Jan4' 3!

90% jun
.

72% Dec
77

9

Jun. 17 >

26% Jun

Apr

40

12% Dec
29% Feb
81

-

Aug

.

20% Juff 14

37% Jun

78% Aug
•

Aug

Jun

27

July 28

6% Jun
25% Jan

!24% May
124% July
11% May
75 - July

120'.Sep

.

Bliss

l%Mar

23% Nov

Nor

Black & Decker Mfg Co
Blaw-Knox Co
1

12

Bloomingdale Brothers—Boeing Airplane Co

26

'

15

" 24%

%

7-

81

>>7 2Vai!

„

37
50 Va

94

,

"13

■

*13 Va

v...

,W: 'H

9 Va

100%

2%

500

47%

!

8

13

25 ;%7

*80

-

-

16

29

35%

30%

8%

25%

'

Satarday

>

71

,5
13

99

•' ■ *

8

14

Feb

i._l

100

.

i 30%

'

16

35Va

*28%

»i

14

93

•

81

100 i
/.; 2%

f

•

13% Jan

6% Jun

17 %4 Feb

*80

>

STOCK

25% Mar 30 '

91% May 11,,

JUn

101%
23%
12%
33%

303/a

8

13

*13%

26. >

300

16 Va

13 Va

15

3
29 !

*89

;

7 9%-

8%

24

42"

21% Jun

„

Oct

30%
26

-

134

15

',34% May

Nov

92 «/a

28%

13

Feb
411% May
,36% Jun

25% Nov

14 '7

*88%

43'/a

13

80

35%

'13

.

*133a

27%

26

42% Apr

;71

7% Dec

92%

12% Mar 18

38% Mar

10% May

X27% Mar

133/a

r"

15

*77

40

43'/a

49 Va
7

473a

•;

•

1,500

43% 7:

*36%
;

•

94

123'a 713 -m-

r
'

12%

*4 .7

2,800

7

*

35%

/

28 Va

-

j

14% Mar 30

18

'

('

30% Jan

6;

16% May

May

42

13%

13 % f

*93%

15 7, •;

*28V'a

35%
13%

*137

—,.100

$ per share

13-

5% May

Dec

*

3a

50

Jan

-

t per share

22

"66% July

1% Aug

•

29

36 Va

49%

12%

j

7-

19 Va
71

•

16

-16%

13'/a

"

*69

.■

6.200
8.500

18

17%
18%

71

700

7.7

9%

9'/a

42%

36V2

>

18%

*69

49
•

80

,

27Va

9% Jun

27% May
44% Jun

; 37% Nov
-

«

,,/:S

1

Co_.18 pesos

33% Apr
17% Jun

Jan

51
*

*14%
*77
.'V 7%

^ ...

*7%

*28%

35%

EXCHANGE

8% Jun

Apr
37% May

:

14%
80
...

com„No par

(Del)

NEW YORK

22% Jun

29%

22% Dec
67% Dec

93%

1

Steel

preferred

Highest

10% Jun

44% July

19% Nov

47%

93

STOCKS
Lowest

Highest

26% Dec

X13

47%

94%

14Va

>._10

—

47

*77

33%c

corn-

13

'

—5

v

Loan

13

Bigeiow-Sanford Carpet——No par
Birmingham Electric Co
No par

Range Since Jan. 1

'

,

_

13%•>

V.

■

18%

9%,
18%

18%

42 Va

>

13%

:

•

18 Va

18%

*41%
*16'/a

9%

71

48%

13

.'7 94%

-

18

*69

37 %

48%

13

47

>.

*36%

493/a

14

10'/a

*18

16%

13 %

—1

—

,.

Foods

Bethlehem

31% Mar 21

Year 1948

9 per share

—

.

Bangs for Previous
Lowest

37%

v

14
10

.

a

13

UO

Benguet. Consol Mining

7 5

9% May 31

*36%
*48%

r

>—50

Co

Appliances—

Best At Co_

22% Juri 29

14% Jan

*16%

pfd $3.25 ser of 1946-Nd par
Cum pfd $4 dtv ser oM948_No par

7-

136% Feb'

16%

13%
lOVa

9%

v

13"»
18 3

•

13%
10

9%

42%

18V'a
*18

13%
10

9%

69 Va

Cflm

30% Jan"

.

3

69%

v

*10 Vi

—25v
—100*

a

Indus

33% Jan

25
May 10
23% Jun 13

Corp

Corp

Home

Beneficial

.

.Aug 19 >
100%,' Aug 16
2% July 6

11'

<

Aircraft

Bendix

Aug 15

69 Va

*41 Va

2.50
pfd_—XOO
—1

RR

Packing

Bendix Aviation

80

5

Jun

129% Jun

Mar 21

18%

69Va

42 Va

Co common!
'—10
4%%. preferred —J
—*-100

34% Mar 30
Hw Jan.-7

17Va

*41 Va

Bell; & Howeil

88% Aug
Jun

1

4%%

Belding-Heminway

26.

139% July
37% May

'

Feb"

(A S)

Beech-Nut

16% JUn 30
17
Feb'18

'

,37% May
'39% Oct

Feb
Mar

-

Mar 30 V

11% Jun

30% May

Feb

»

30%
125

Mills, Inc

78 % Aug 10

14

cbmmon

13%

"

,v

9%

I8V4

50

pfd

10% Jan

18

10

Va

,7

*~5

Co

9

,7.

Corp——
-.1
Inc
I
——Nd par

conv

Beaunit

1

13% 7

9%

10

Co

Foods

3%%

y

81

13%

9%

-10

common
;

10

9%

,,

-100

(Delaware)

13% 7

10

,.100

Works

Cigars

Beatrice

Aug 19

May 14

Oil

6

,

2

23% Feb

,

Corp

preferred

Iron

Bayuk

,

13%

Works——-13
common

preferred--—

Brothers

4%%
Bath

20

Oil

Barnsdall

.

12

20% Jan

5%

5.

102% July,

-

,

—I

Ohio

preitfred
100
Aroostook * common—50

&

Barker

3'

Mar

:

50% Aug 11 7

.

15

&

non-cunt

Barber
r

Inc

Locomotive

Conv

.

13 \

32

21% Jan
*

"

,

-July 27

3

Jan

4°Io

(B T)

Bangor

;

72

11% Jun

Jan

24% Jan

Dec

7 7

7'

Jan'

25

,

13% Apr
17% Jan

Jun
38% Jun

Nov

.

28'

9% Feb

*103%

Dec

(

68'

Baldwin

7 7

13

39% Mar

20% May
19% Mar

..

Dec

26

Jun

34% Apr
37% July
•

Feb

14%

7

11% Jan

13

15% Jun
36
Juri

'100

32% Feb

90%

12% Jan

13

90

Feb

„

13

14%Jun
38 '

'

Babbitt

60 % Jun

22% May

.

Dec

14%

14

23%

Dec

69

14% Jun

14% Jan 15

43% May

7

80%" Sep
16% Mar

1

7% Jun

45% Dec
16% Mar

Dec

30%

8% Jun

45

t

Nov

15%

Jun

May
28% Jun

Feb

9

8

59

,

Nov

31

Jun

17%

Dec
Mar

10

xl3

16% July
29% July
31% Jun
80% May

Feb

10 V a

18 Va

2,000

11%

8,900

*105

106%

*105

106 Va

T05

106%

*37

38 Va

*37

38%

*37

38%

"l6

18%
.

18%:

18%

*18%

19

*18V2

19 Va

13%

1,200

13 Va

13%

xl2%

13%

12%

13%

26,200

46 Va

46%

45%

46

* 46 Va "

*46

47

4

70

30

96%

87

,

100%

12%

99%

110%

96 %

39%

87%

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*101

*99%

40

*95 "

96%

38%

101

6,700

109 %

*

15

14%

100%

99 %
110%

9 %

14%

36%

Amer

v.

13,100

99%

67%

of

120

6V2

109 %

35%

—;—-

86 %

6%

14%

-—No par

Cd

23 Va

86%

6%

2.500

'

47%

65%

:.

22%

87%

61%

61

,

47%
:

99%

14%

'

*.61.

'

(.

23%

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Avco

10

'47

v'-'

15

*95

>__ ._r-5

—

Canteen

603>

_No par

common-,

prior pref

Autocar

/

6%

100%

common—_—No par

Nichols

*86%

6%

common—_1

RR_

Lines

preferred-!Corp

conv

Atlas Tack

4 1

86%

6V2

9%

v

>00

_*

Atlas

863i

6%

-

Shares

35%

14%

100-

conv

Atlas Corp
Powder

,

3

17% Mar 10

14

Jun

46

35% Jan

8

14

4% Jun

-

87%

for

the Week

35%

14%

preferred-series A—106
Preferred $3.73 series B__—xlOO

6% Aug 15
15
Mar-24

20,

Oct

Jan

20% Jan

11

4% Jun

11% Jun

Aug 18

4%

106% Aug 18

25

13Va Feb

19

19% Jan

2

58

July 26

Dec

7

Aug

W I SS

35%

23 Va

*8%

J—-——10

Line

Coast

G &

35 %

23%

ni 60%

110%

...

*14%
>

5% non-cum preferred-100
Atlantic Refining com'mon__——25

Mar 18
Jan

24% Aug' 11

4 '

4% Feb

Nov

6%
xll

1-

.93% Jun. 24-

Jun

Atlantic

100

7

Xl9%

•

Jun

7

94

10

Feb

Feb

Jan'

!

A T F Inc

Atl

*110

—10

Co

preferred-,

non-cum

7 '

110!

14

Feb

preferred—

Jan

70% July 13

99%

Topeka & Santa Fe ctim__100

5%

■

46%

99%

35%

22%

X35

Ssles

X per share

23

6 */2'

;

Friday
Aug. 19

S per share

86%

;

4fi%

ThursdayAug. 1H

t per share

per share

34%

6%

60%

CLOSED

*

22%

87

6%
60%

—100

:

Investment

47

13

77

100

Sep

'

Atch

7.

39

Feb

30% Jun

Dec

50% July
May

81

-

30

2nd

Assoclates

,

15

4

102

4:

i

32% Jun' 13
53
Feb
7-

: July
64% Dec

6%

98% Jan 27

14

10% Aug

62

25%
66

12

97% Jun

*86

STOCK

Wednesday
Aug. 17,

33%

23%

EXCHANGE

—No par

common—1

Dry Goods
1st preferred

,:

'

34

4

5

com

Carpet Co Inc

7%

Aug 19

104

Illinois

Associated

27

80

Jun

44%

4

Artloom

11

Apr

120% Sep

Mar

13% Jan

15% July 15

Apr

107%

Feb

96

V

30% Feb

May
July

26

98

1

I

22%

of

2.t

per share

*33%

Armstrong Cork Co com—No par
$3.75 preferred
—No par
$4 conv preferred—
No par;,
Arnold Constable Corp
5

4

9

No par

Co

&

Aug. 16

9 per share

$6 conv prior preferred-—No par

110% Jan' 3
16% Jun 30

7% July 18
11% Feb 28

17% Aug

Dec

12% Mar

conv

Armour

4.9% Jan 21

88

•

4%%

3

77

Jan

Tuesday

Aug. 15

Corp com
10
preferred-———100

Steel

HIGH SALE PRICES

Monday

Aug. 13

Archer-Danlels-Midland

27% Jan 26

49% Jun

15% May
106

2

19 %Jun

Oct

Dec

68%

32%

14

26% May

34% Jim

Nov

23%

AND

8atorday
par

Monday, August 22, 1949

RECORD
LOW

STOCK

$ per share

S per chare

share

YORK

EXCHANGE

Lowest

Highest
X per

NEW

Range Since Jan. 1
Highest

Year 1948

9 per share

STOCK

CHRONICLE

STOCKS

Bu|* fer PrerUus
Lowest

YORK

FINANCIAL

„

600

,

Volume

Number 4831

170

THE

COMMERCIAL

NEW
Range for Previous

Range Since Jan. 1

Highest

».

t per share

11

18

%

Apr

3%

Sep

100 y2

Feb

"26%

Dec

48
'

56.

,;

Sper share
12 y4 Mar 23

May

'50

Aug

j.

8% Mar

1103/4

Mar

5% Feb
100

NEW

Highest
15

Jan

8 y4

Jun

7

108

17

30

25% Jun

14

19% May

12% Jun

14

35 % Jan 29
16 % May 9

43%

30% Mar

•

6% Mar
130

Nov

Jan

4

'

May

: 6

Jun

30

Jun

10

147% July

131

Jan

11

4

Feb

9

v

/.

26% Jun

,

37

Feb 24

Y52%

.

Dec

7

May

Case

Mar 12

Feb

105

July

97

Apr

23

105

123

Feb

140

May

X114

Jun

15

131% Jan

Mar.

Feb

34%

Jun

17%

Dec

20%

Jan

15% Jun

17

Dec

18%

Feb

14% Jun

29

17

26% Jan

17

6%

Feb

11%

Sep

■.7% May 31

5%

Dec

'12%

Jun

"3

Dec

6%

Dec

100%

Nov'

,74

108

Oct

7%
10 Va

83

Jan

Dec

7

5%

4

,1V* Apr

5

4

35% Jan

13

12% Anr

28

12

Aug

-

28V2

12 Va

Nov

20

•

r
'

24%

Feb

17%

Feb

90

Feb *

7%

.33

Jan

15%

25 Va Mar

76%

Feb "

7%

Feb

•'»:>' Nov
6

7
7

34% Jan

7

13

July
July

Jan

13

'8

i

Jun

4V4 Mar

"7% Feb

10% Apr

24

12% Jun

14

9%

7% Mar

May 16
11% Mar 30
7
8

Jan

5% Jan

7

45%

Jan

10

72%

July

Oct

15%

v-

10

Oct

Jan

12% Feb

'May 11

Conv

Range for Frerionp
Year 19*8*

Lowest':

.

V

'

Hlfhckt

i

t -per share

v.

14%

Highest

per share

$ per share

Feb /

,

f

16% Jan

19

2 Vs Jun

20

5'/a Jan

7

Chiids Co

7

-744%

Oct

63% May

35

Jun

Feb

Nov

23'%

36Va

Jan

'7%

'

1

r

34%

Nov

Oct

-

\

7

17

3

8% Apr
83

5
27
8

Jun

6

20% Jun

14

30% Jan

16

:

—

70

Jun

Mar

85

Aug 10

7 '

5%

16

25% Jan

26

11

Jan

105

;

17

Cleve

431- Jail 26

Aug 15;

18% Mar
35%

4% Dec V
Dec

•

131Feb

Jan

11% July 28
Si 24% Jun 22

19

;

12

21% Jun 45

30% Feb

2

Apr

13

-,"133

92% May

71

141

July 19

Apr 26

&

Dec

60%

Dec

*87%
16

12%

Feb

16

Feb

22%

1075

25

96

8

Aug

17% Jan

Oct

11

.

22%

Dec

/

.12%-Jun

Nov

9 %

20 Va

Dec

20

,

Nov

10 %

Feb

7%

Jan 24

19

13

Jun

10

7.

V

Jan

12

8V« Jun

16

13% Jan

17% July

7% Jun

7

-

'

7

11% Jan

'

8'

32 Va May

17 Va Jun

6

24% Jan

4%

10

16% Jun

22

23% Jan

10

12

13

—14%

Jun

-:•>

9% Jun

7

7% Feb

10

Apr

78Va

Jun

48% Mar

37%

Apr

26% Jun

13

32% Jan

18% Jun

29

18%

Feb
Jan

28% Jun

2i% Feti 11

53% July
* July

95

90

Jan

J

-

'

May 16

*16

Nov

29% May

Feb

2%

:

^

26% May 13

25
12

lf7/a Jan

13% Jun 22

5

7

Aug

v: 105% Aug

>

5
5

90

Dec

80% Jan

3
3

25

:

*

101% Aug 12

Nov

29% May

25 Va Jan

3

27.% Aug 11

Dec

11% May

7% Jun

7

10

Aug 19
Feb

3

Jan;;

>

'

;

8y8
27%

Dec

36% July

24% Jun

30

30

x24%

Dec

32

May

25 Va Feb

11

29% Aug 18

;

Sep

'6% May

2% Jun

14

Mar

•-25% July

4

.

21

xl06

Apr

Feb

108%

Dec

xl8Va

Jun

12*4

Jun

Dec

51

Jan

Dec

29%

Sep

Dec

15% May

Dec

15% July

7% Jun

16% Mar

8

Juii

37%
19

1

•

Dec

■

6

ll

Jun

14

8

Feb

,

7.10%

23

1

8%
7%

1

Nov

29 %

Dec

35%

Jun

30 %

9 8%.

100

.

33%

'

non-cum

21%

-,,vy 41%

30%

•Y... *63

30 Va

"

.

11%

-

5034

'1

7

22 Va

11%

*11

63 Va

*14

.Monday

iperihvrg':-/?

t per

■>

14%

*32

4

3Va

50%

AND

14

34

STOCK

EXCHANGE'

HIGH

•

...
•

*63%

12

-

*32

29

a

104

<34

-

;• 51

28 3Y

41. >.

V4

*32

•

r,-

.51%

28%

28%

103

25 " "

*?%

7%

*81

No par
—5

'

*17

17.

25%

*65'2

70

"*107%

—1-100
gtd
50

*39

V ?

34

*32

,'*-.34,.

•29

29

No par'

26

2,600

53

5,700

,7%

;7%
*81

•-

•v

*24%

17%
*25 Va

25%:

*67
40 Va

111%

24

243a

*107

24
*107

109

25

70

*67

109

24 %

*65 ''

'67"'v

'65%

67

"

"65%

67

*65 Va

*37%

28%

*37%

*37%

38%

"12%

-

v

7,
-

va

.

23J/a.

4

....

•

12%

127/8-

12%

13

13 Va

12%

13 Va

4,800

29%

29% -':

29%

30 V4

30%

30%

30%

31

8.400

■

;• 4%
23%

4%

138

140

*75%

23%

*139

.77

..

3%

23%

23%

3%

4

140

■;*75%

4%

23 Va

76%

; 4Va
b%

23 V4
140

*139

75%

*74%

75%

139-

1st preferred

139%

62 %

'*1075

39%

,

141

140

62%'
*1076

39%

95

39%

95%

96

For

6% Jun

footnotes

see

page




24

100

15%

15%

16%

16%

10

10

10

*10 Va

10%

1'0%

10%

*io%

11

10

10

*9%

10

*9'/a

10

'„

19

191/4
19 Va

19

19 Va

1,300

*18%

18%

19

11%

1VU

,11 Va

11V4

23 9

11%

12%

*11%

ll'/a

1,800

59

*54%

59

.31 %

31 Va

1,200

,20%

20%

2,500

-10% .•'10%

10

19%

19%

,19 ^ 8

193a

X19%

19%

19%

19%

X19%

11%

"'11%

11%

Y'U%

11%

*5438

58

*54

10

*9%

.58

11%

31

31

31%

31

21

21%

21

25

24%.

Y

-'Vv

24%

53
101

16%

16%

4%

4%

4%

103%

103%

102%

103 V8

27%

27%

27%

27%

27%

9%

25

93a

9

27%

27%

28%

3%

*3

108%

25

5

103

5

108

3Va

3 Va

1,700

25

251/4

'24%

25 Va

x23,100

108

108%

10%

42%

43%

42%

;■

12%
10%

43%

42%

16%

1'7%

17

'

17%

*17%

18

11%

11%

11%

*11%'

8%

8%

8Va

109%

103%

35%

.

110%

*108 Via

35%

10%

•35%

30

8 Va

.

99% Aug 16
15 Va Jan

'21

•

"•

95% Aug 19 ;
36% Mar 30 '

*99

preferred
.——100
Continental Baking Ce com__No par
•.

4%

Can

14%

93%

.93%

33%

2AVa

-Ndpar

101%

101%

1434

102 % Aug

16

9ya Jan

7

Continental

Diamond Ptt>re_

63% Mav

O

o-^DtVppntnl

Insurance

$'j.75 preferred

07

5
K

61%

93 V«

23%

3334

101
*7

7%
62

,

15

$f3 Va

14%

No par

———

Inc

69%

common.—20

$5.50 preferred
Continental

100

8

31%
■

-

61%

102%
'7V4
62

.

30%

*108'Y
35%

35%

■*98%

100

100

8%

1,300

10%

25,200

30 Va

32,300

30 */4.
108 Va

700

109 Va

108%
.

1,200

31%

109

108 %

3534

2.200

8 Va

31%

31%

30%

11%

10%

Va

*109%- 109%

*98%'100

3,500

17%

*11%

11

108%

t*108Ve

43 Va

*17"

,,

109%

109 Va

"35

30%

800

42%

43%

10%

31%

'

1,300

10%
'

12

31%

*.

i

900

12%

10%

*

11%

8%

108 V4

12 Va

*108

12 %
10%

*11%

,

700

3%

25%

24%

3

22%

308% 108%

1,100

3%

3

108 Va

110

2,000

28

29%

12

35%

*27

29%

10%

•

11,700

10

29%

108

.

11,000

27%

28

10%

-

104%

28%

12%

,

9%

27%

108
■

330
4.500

417,000

'

28

12%

"when

27%

5

28%

*10%

U%

104

9%

12%

16%

16 Va

27%

9%

.10%
43

16%
5

27%

11%
43

2,800

5

9%

10%

.16%

3.200

53%

.16%

27%

5
l15
*100

*11%

,24%
100%

■

273,4

24%

80

400

53 Va

.24%

53%

28%

3Vs

-

90
100

100 Va

25%
101

1043'e 104%

103%
•

800
..

11

27%

24%

108%

16%

16%

4%

4,000

10

28 %

*28

3

100%

101

16%

5

9

*28

101

16%

25

53%

53%

53

53%
101

700

16%

»9Va

2,400

15%

16%

21 Va

16%

No par

15%

,

31

21%

531/2

15

18%

*10

31

101%

24%

*54%

j

,

21

53%

:

17

21%

101%

-*27,

1838
.15%

31

Grocers Corp—1.33%

preferred

$4.50 preferred
$4.52 preferred

-

11%
58

15

18

15 Vi

16%

11%

ll%

96
-

15%

19%

11.%. ....11%

15

18%

19%

*18%

9

180

16%

*95

Y

10

25%

95 Va

15%,-

10

:11%

*25%

'95%

18%

15%

-

3,700

15

*16%

31

40 Va

96

10

21%

no

40

40%

'

15%

11%

3,900

62 »/a

*1125

18

16%

*54%

Common

v

40

40

148

62

62

*1125

14%

*95

'

109%

2

20

76%

147

146

61%

63%

40

No par
——No par
Container Corp of America com—20

56% Feb 24

*74%

143i

1-6%

-

Oct

29

140

140

76%

4,500

24

18%

10

Coppermines Corp—5

141

142%
"

*1075

10%

4

108% Aug
5
37V2 Jan'22

64 %

23%

14%

15%

400

*62
%.-»/•

39%

96
-

*17% -18%

♦10%

»•'

30

13% M*y

4%

*17%

51434

14%

141

62%
'.-••'■•'J

31%-'"'

NOV

8%

;

i

140

*139

•

'

10%

-•

4

105% Apr 20
27% Jun 17

48% Mar

10

lo

V

31%

15,

50

P

.12%

29% .29%

29v8

May
30% Aug

Jan

Jun

?.

38%
13 V*

30%

95

<

1,600

,

67

38

31%

July

107

*36

30

99

24

107

,109

5,200
:•'«

111%

37

31%

Oct

92

41 Va

41

67

-No par
distributed"—

*

70'

23%

*107

7,300

26
170

*111%

,24%

#

1,100

18V4

'*25 Va
*120

140%
40%
♦•111% 111%

40%

*111%

28%

18

18 V0

26

*67

70

<40%

86

28%

170

300

7%

*81

28%

'120

170

*7%

7%
86

285e

17%

*17

"120

70

7 %
*81

.

28V2 *

28%

•

7%
86

.

37

1

510

«

25%

Consolidated Vultee Aircraft—;—l

5

12,800

103%

103%

103%

*65

50,

Consolidated Laundries Corp

.,13

36

Y

6

16,200

29%

103%

152%

Consumers Power Co com

3

52 Va

f

.

26%

8 Va

-

34

51%

•29%

29 V*

,

40%

*32

.•

52%

3,900

53%

25%

40

109

200
;

3 %

*39

^

52%

103%;

111%. 111%

23 7 a

23-4

'3

26

170

*652

111%" 111%

Shares

14%

"

3,,' '

52%

17

.

*120

39%, -40%

-

••"*"*13'%

13%

3

25%

28%

*24%

170

the Week

t per share

53''4

86

28%

18

*25

Sulci tor

Aug. 19

/V

1

52%

■

*81

28%

*120 '

100

7%

86

28%

Friday

Aug. 18

25 %

10%

Dec

Jan

200

25 %

,

52%

8%

Apr 27'

13% Jan

10%

5234

25%

153%

10%

42%

85

10%

.7/

Thursday

13%
•

.'52%

29

Consolidated Textile Co Inc—_l10c

30% Jun *

1,000

103%

7

106%

Sep

64%

103%

9% Jan

May

9,200

S per share
V

3

-

51%

12 % Apr

Dec

17% July

200

30%

*63%

....

41

"

52%

'

*39

6

92%'

400

52

30%

U

'

*39

51%

25

<

14%".

-3 •>,

Consolidated Natural Gas.
Consol RR Of Cuba 6% pfd*.
Consolidated Retail Stores lnc_.—1

40

2,000

*51

"

share,

*13%

8

Sep

10% Mar

4,300

29%
26 Va

11%
7

'

11

SALE PRICES

3 Ve

,

7

84% Mar-

11%

29%
26

29%

65

65

S per

5

29Nov

8,800

311/4

311/4 ;

Aug. 17

12% Mar

13

900

6,100

52

Wednesday

16

Jun

3%
6 Va

22%

3V2

26

*50%
31

-

14

<

3%

103%

CLOSED

12

-

$ per share

*41

..

7

Aug. 16

share

*13%

'

Tuesday

».

Aug. 15

.

.

Inc.L_No par

Consolidated

110% Aug 10

93

:

5%

12

*25 34

*10J/4

63 %

Y: 12

.

Pictures common—No par
$4.25 cum preferred w w—No par

$5

•

8

27

99% May

1,000

r

Consol Edison of N Y com—No par

9

103% Apr

Oct

400

1,100

6%

•

i-v

'

90

9%
16 Va

y: y." 221/4

,23

29%

30

64;

'30%

600
10,300

9%
*6 Va

3%

11%

127 >

,

100

,

9Va
10%

16'/a

6'/4

■30%

'vV,:' 303a

64 '- '•

4%

9Va
10%

6%

.3 Va

.

200

15,400

83

7Y V *4

91/4

.•.■"'■/ '6

900

18%

31%

*82

-

3%
,3%
J .■■j' "6
:: 6%
•21% —22 %•'

4,500

6

6

'7v18%

16

6%

1,000

24%

•

140

1,200

35%

36

98%

98%

150

8,500

14%

15

14 78

147a

,14%

15 Vs

*93%
33%

94

94

95

.95%

95 Va

60

34

33%

34

33%

33%

5.600

102 Va

400

*101
*7

62

102%

77%
63

•

97

31

4Vi

9 V4

51.3/4

YY'.V

7
.

:

27

.24%

J, 83

16

6%

*50%

2.50

Consolidated

July 15

106% May

July

~5%

46% Mar
--

29% July 26
'

3%

'5%
21 Va

21.Vb Jan

Jun. 14

v

"

3%

12

*39

Solvents—*
No par
Commonw'lth & South com—No par
$6 preferred series
No par
Commonwealth Edison Co
25
Conde Nast Publishing Inc—No par
! Congoleum-Nairn Inc.
No par
Consolidated Cigar
No par

9

14% Jan.-

11'

38% Juri 13
11% Feb 23
10

9%

6%

503 4

Commercial

21

25% Aug
108'% Aug

'

8%

1

4% Jan

21% Feb 25 •'

; 11% Mar

1103%

i

i

*9% ;■ '9 %
10 Va
10%

•

16

15%

6%

50%

Co__
v_Ne par
Columbus A So Ohio Elec Co.,—5
Combustion Engineering s ; .*
Superheater Inc
No par
Commercial Credit common^
10
3.60%
preferred _+
—-—100

53% Aug 18

Jan

3% Oct
106 .* Apr

,

7*9%

16

50%
.

Columbian Carbon

13

46 Va Feb

104

; 12
26%

8,200

-

26

Columbia

21% Apr 21*

58

2

(

v

9

10%

100

2,200

12%

*96

19

"4

.4'/4

8%*

10%

29 V2
*'25%

_1C0

•'

Columbia Gas System

11% Aug 11

13% May

Dec

y 36%

*4
v

257 8

:«^--5

Class B

Sep

^.1/28%

7

•:

6

*82

2,200

18%

31%

31

15,500

8%

18%

97

Y6

;

12

*7%

*

25i/4

*18 Va

83

29%

;■

Y)ec

49

'-'r.

,

29%

4% non-cum 2nd preferred—100
Columbia Broad Sys Inc cl A—2.50

10

31% May

v

*82

9 Va

15%

•

-

6

11%

11%

v"i

12'/a

%

*96

18%

*25%

Colonial Mills Inc__—————20
Colo Fuel & Iron Corp com—No par
5%
conv
preferred
20
Colorado & Southern Ry com—100

I

19% Jan 24

6

7 Va Jun

15

.

18% July

.

Dec

Jun

19

11%

26%

31%

25 7'a

;

For

Colgate-Palmolive-Peet com„No par
$3.50 preferred
>_Nnpar
Collins & Aikman Corp__
No par

2

Oct

18%

"

7

19% Feb

15 ;

6

.30%

Coca-Cola Co (The) oommon-No par
Class A—
No par
Interna t Corp
No par

.

5

17

Mar 22

;

11%

5 "• Coca-Cola

40% Aug 18

*

9 Va

12

July 25
Jan

Jan

89

'

—1
Cluett Peabody & Co .com—No par
7% preferred—!
4-IOO
4% cum 2nd preferred
!
—100
'

xl3% Feb

-

11%
81/4"

24

•

:

30Va

Illuminating com—No par

%

Jan

64

6

29% Feb

Apr

25% May
26% May

Feb

.

' 6

Jan

1075

Jan

93

i

Nov

152

60% Jan

Jun

July

45%

Sep

15
'

1332

.

11%

"

*124% Jim 13..

Jan-

63%

July

31
.

183

Dec

1332

6

97

.25%

—25
25

)

134%

2.200

*26
•

.

18%

8%

*6 Va

21%

3

i

1,700

13%

11 %

"

20

Pitts RR Co 1%

88%

*13%

18%

26%

'31 Va

4%

*9
7

■

3%

5%

Clopay Corp——

82% Jan 28
1

f

3%

-

*87

14

,12 7

25

24%

10%

260

88%

11%
•

12

'<96

83

900

111

*110

13%

*87

•18%.

11%

6

10

9%

6%

21 Va

—No par

preferred

:

3C0

2,300

•7%

*7%

'26%

.

31%

-

g.%

-

16 Vs

6V4

Elec com—:_8.50

Clinton Industries InjC

Aug 19

5% Jan

July

147 '

716*/* Dec ;

15V4 Jan
31

3% July 11

10% Jan
36% May

,

9%

—100

Special gtd 4% stock—
Climax Molybaenum_i

•

'

*16

No par
Cleve Graph Bronze Co com
1
5%

^■■7.

9Va
10%

fstorday

preferred,.

•

19

'i

03 7e

4 Va

*8%

$4.50 preferred.

Aug 10

73 v Feb

62% jun 44
37

i 108

*534
31

*81 Va

laVa

:_i

non-cum

Cleve Elec

'

11%

18 Va

97

*18 3 4

83

1

—

11%

7%

.

3,600

3%
14

13%

.

111

'

"

10

±

City Stores Co

3

112% Jun

Feb

109

97%

;;•/ *81%
:;V: 4%

i?

14'A

!.

7%

*109

'*7%

•

24%

24%
*96

31%

:

'7;

11%
•lr»

11%
26%

26%

lit)

87%

18%

11%

;

5%'
578
*18% •19 m 7'Y

CC-C&St Louis Ry Co com—.100

9

42% Jan

16

20% Jun 16

6

18%

■'t. v'.-Y-f

100

Clark Equipment Co_

)

*—j

2,000

8%

*3%

,

s

25

*.

City Products Corp__

36% Mar %

Dec

Jun

78% May

;

24%

Aug. 13

City Investing Co common
5%% preferred—

16

Apr

29% Jan
18% Jan

100

16

,8%

,

14

7%

»

.11%

8 %

18%

7%

13%

11%

LOW

7 C I T Financial Corp

'

27'/#

?

25

47% May

y

Nov

6% Feb

July

Jun

•

Dec

53% Aug 15

79% Jun

Apr

-

23%

77

26% Aug 18

3

;

f Mtfy

108%

Dec

11

1 25 V Jan

Jan

Jun

<34%
.

Feb

15%

3%

14

,

11%

11%

,

E87%

-,.r

<"7*7%

7

3%
13%

no

1:

'

11%

7%"

26%

•

preferred—
Copper Co
:—f

preferred

'

8%

8%
*3%

r

w3Va

!l'3 %
; -7%

.

13%

11%
*

*96

-100
Cincinnati Milling Machine Co_—10
4%

15%

8%

83i

.

-*

::

7

11%
■"

24%

common

Cincinnati. Gas &

5

87

13

26

'
.

Chrysler Corp

:k

30% July 29'
104% Aug

42% Jan

X20 >

May

111%'

39
12%

j-

4

43

7

Nov

..

IV'T

25

88

Feb

,105
69Vs

26% ■Apr

97% Jan

21

Jan

22%

Jun

Chile

7

*85'/a

'

'

t

110

14%

'

•

—No par

,

9

109%

87

12

Chickasha Cotton Oil

8

Jan

176 :

.

Jan

80

Jan

58

38% Aug

t

July

105%

36

33

15% Jan

"

16
14

";84% Apr

•

27% Mar

:

Jun

44 Va Jun

10 i"

Dec
Dec
Dec

7*. 176

31

Jun

27

75%

;

Jun

.48% July

*

24%

•

Jan

101 % May

i

'

r: :«

60

29%

Nov

19% Nov i

'

-

1

42

Feb

9(1

V

*13

65%

i'

-

s

11%

L100

5%%

Nov

50%

-'

<6

2%
31-

A

EXCHANGE

Jun

19% May
4% Apr

V

'j

\

$ per share

,

series

'/%/■NEW YORK STOCK

Range Since Jan. 1

.

Lowest

,

'

"7?b

stocks

-

■

7%

7%;

7%'

preferred vtc__—
_1C0
Northwest com.—No par

preferred

3%

13%

>

No par

:

Chicago Yellow Cab_

4

'>

13'%

1093/4

.

20

3,100

*8%

1

Products

74

56% Jun

'

17%

"17%

13%

18:,8

14

28

25% Jun

Feb

167/a
*16%

17

■

*3%

*103J2
*85%

;

$3 convertible preference—No par
Chfc Rock Is & Pac RR Co__No par

49 % Jun

'

25%

,

.!

8%

—5

55% "May 4
34% Jan 21

57 V Jun
42% Sep

49% Mar

Copper Corp

17

36% Jan

14

9% Jun 14

|

300

14

7%

9.50

Chicago &

28

21% Jun

500

122 Va

:

'

5%
preferred
_10G
Chicago Pneumat Tool com__No par

Jun

May

101'A

122%

3%

8%
*3%
*13%

100

8

27

40

23% July
•

pfd

29 % Mar 30

49% July

Dec

101%

122%

17%
15%

7,-'

Dec

100 Va

122 Va

17%

T5

26

100 Va

123
,

16%

7

33%

100 1/4

123

*16%

7

Jan

100 y4

123

15%,

8% Jan

Dec

100%

123

1.78

—No par

Co

A

'

100',4

17%

33% Jan

Series

1

•15%

Chic Ind & Louis Ry Co class A„25,
Class B
—No par
Chic Milv; St Paul & P vtc_.No pu

,

«

500

19,200

%-o %

13

Jun

4,500

27«/s

15 Va

13

17

.

32

100%

26%

32

ltta4

13

13%

.41% July

*135'/4

10

27%

17%

Jun

3

Apr

136

26%

26%"

25 34

'

^

15%

4% Jun

Jun

13 Va July

30

25%

16%

Chicago Corp (The)..
Chicago Great West Ry Co com—50
5% preferred
_50

9

18 % Jan

10

5% Jun 28

9,800

*100%

32

17

Chic & East 111 RR Co com.sNo par
Class
A—j
:_40

12

13

12% July

Jan

3

1,200

100 7/e

17%

Chesapeake & Ohio Ry common
2%r% convertible .preferred

21

85

Feb 11

9

Feb

5% Jan

7

3%. Jun

22% July
15% July

Jan

7Va

8% Jan
28% Jan

79

7

14% May

Jan

12

Jan

9 y
17 Vs

.

10

135V4

I

'—

7%
40

100%

731%
.

15%

Champion Paper 6s Fib com—No par
$4.50 preferred
No par
Checker Cab Mfg
;
1,25
Chesapeake Corp of Virginia
5

5% Jun

31%
101

101

4

17

Chain

Belt

135 Va

34

7%
39

40

15%

18
4-

*1351.4

136%

'31'/a

*33

7%

7%
39%

.

1634

1R

97% Mar

17% July 18

Jan

90

Dec'

,.'4 ■

Jan

25 % Aug

14

29% Jun

May

45%

-

27

R

13

Jun

30

Dec

6

Jun

100 3

25%

124

21%

13% Jan

18% Jun

34 Va

;

r78

-

100 3 8

11%

Cerro

91

7

'

'

•12334

V...

11

22% JUly

Jun

*33

34Va
39%

2,600

1

26

y

Certain-teed

15

*16%

Sugar Co

21 y4 Jan

14

!
1

291/4

141/8

,

'

Century Ribbon Mills
Pasco

'

300

291/4

15

38%

136%
31%

100%
■"

*100>4

1

Corp 3.40%

Violeta

4 730

29%

29%

•%7%

38%

313s

"

101

25%
•

:

31%

H O O cn"- Y**

30

,/• 29%

''93/n

*291/4

; 14%

5

'

Foundry Co

CS

9% Jun

Jan

26%

31%
*

30

14%

*33

7%;

*135

7

102

OO.7

14%

34

'

"7Va

10

*O O O

7%

*101

___20

.«% Max

May

-t

; 2y

7%

101

No par

Sugar Co

d
,

*33

136 Va

of Ga Ry Co Vtc
No par
preferred series B vtc
L_100

de

101

'

7%

38

Central

?n

Aug 19

29 V8

143i

38%

700

55

*54

•

,

Shares

14 Va

14%

t,

55

\7%

7VB

4

102

?o'Y

*14 %

*135

100

14% July 13

?

Apr

100%

Dec

31 Va

9% Feb
6% Jury

7%

*101

029IV

.

38

tCentral RR of New Jersey-100
Central & South West Corp com_5

'

Jun

7%

r

■<>!>.

'

100

common

Agulrre

Central NY Pr

20

2y

'

>•

34

»7Va'
•

Hudson G & E Corp__No par
Central 111 Light 4%% pfd
7.-100

7% Aug 19
86 % Aug
5=

14-%

*54

the Week

$ ner share

(

102

*101

14%

*33

:

Central

3

14 Va

5o

*54
>

7%

'

Central

8

10% Jun

Dec

Central

Jan

54

7%

for

Sales

Aug. 19

.

*hart>

*

l_1C

common

s

14'A.

14'%

Friday

Aug. 18

s per share

14%

54

30

14%

100

*

preferred.

Corp

29

.*29

-

50

preferred

24 y4 Jan

13
'

18%

5%

Central

17

May

11•

Celotex

-7
11

.21

79% May 24

Nov

15

v

Dec;

7%

2nd

14

104% Jan

May

,39%

7%

Jun

6% Mar

Jun

29

•'

Celanese Corp of Amer com—No par
$4.75 1st preferred—
No par

11% Mar 14
6

4.20%

CLOSED

25
—

Thursday

,

Aug. 17

share

*13%

7%

101

:

__1

Corp

-

101
■'

—10

common

Tractor

Preferred

STOCK

EXCHANGE

15

PRICES

Wednesday

'

55

7%

5

_

S per

14%

*54

No par v

preferred

12% Jun

38% July
8% Mar

General

Co

Caterpillar

-

6

-

Jan

&

(J I)

7%

7

«

18% Jan

16

22 Ye

,5

* per share

*13%

„1C0

Corp common
Conv preferred 4% series

32% July 28
101% Aug 12
321/4 Jan
7.

7:

Ohio Ry

8ALV

Aug. 16

1

Carrier

Aug 18

RIGH

Tuesday

Aug. 15

—10

Light
Carpenter Steel Co_

Carriers

140

100% Aug 18
23% Apr 22,

13% Jun

&

Power

AND

Monday

% Aug. 13
*
I per share

common—l

&

40' j

97

22%

Carolina -Clinch

,7% Aug 18

Feb

Jun

5

(609)

RECORD
LOW

class A

Carolina

Feb
7
Aug 19

22

39%

CHRONICLE

Saturday
%

S3 preferred A
Capital Airlines Inc

July 26

Dec

35 %

Capital Admir.

55% May 11

4

23

26% Jan

Dec

12 Mb

STOCK

STOCK

Per

17

32
July
41% Jan

>,

„

YORK

EXCHANGE

■S per share

Nov

30

.30
.

Lowest

»

S per share
Feb

YORK

FINANCIAL

STOCKS

Year 1948
Lowest

&

*101

102%,

7%

7%

63 y4

63%

*101
*7

63%

7%

200

63%

2,000

,

16

THE

(700)

COMMERCIAL

NEW
Year l»48
ltwml

9

Feb

I per thare

10%

.

*

'# per there

Jan

5% Jun

,

Continental

Steel

28

23% July 28

Cooper-Bessemer

51% July 19

55% May 13

14

19%

Apr

11% Jun
19% Jun

July

Jun

9

13

Feb

21%

Not

15%

12

Oct

50%

«•% Not

Jun

13

12% Feb

Jun

20

7

19% Jan

-50

Feb

67% July

3

54% Jan

12

23%

19

Not

Oct

20

Not

97% July

94

Jan

10

86

Oct

98

92% Jan

3

56%

July

57

66% Mar

Dee

177

171% Jan

Mar

185

Oct

3%

Dec

6% Jan

Deo

3%

1% Jun

z21

27

100% Aug 18

3

11% Aug 18

23

Feb

7

27% Aug

Jun

16

19% Jan

3

42% Apr

13

14

27% Jan

8

36% Jan

Jun

20

Jun

Feb

103% July

94

Mar 17

95

Dec

129

90

May 24

20%

Dec

91%

>'

Jun

15% Jun

28% Jun

65% Dec

78% Jun
34

21

Dec

12%
155

177

Jan

S

25 %

25%

25%

25%

*98%

99%

*100%

101%

62%

63 >/b

Refining

5%

16
160

26%

26%

*26%

26%

26%

26%

26%

15%
*40%
25%

No par

*99%

i'

16%

58%

58%

58"%

100

27

1

Cuneo

Dec

24%

16

Feb

28

23 % Aug

8

Feb

13% July

4% Feb

24

7% Jan

7

15%

Jan

19

14

Dec

47%

28

7 % Jan

3

9% Apr

4

28%

18% Jun

14

24% Jan

7

-Jan

21

26 % Jan

7

May
12% July
Sep

Feb

18%

Feb

133

129

Jun

43% Jun

109

137

Jan

20% July

137

1

preferred
Curtlss-Wright common
Class

22

6%
*121

Inc 7%
Inc

15%

15 %

15%

41

41

41

26%

26%

99%

*99%

97

*92

.48%

48%

8%

8%

pfd

*20

*130%

22%

135

•130%

591/2

59%

59%

60

23

*22 »/2

15%

15%

180

7%

*160

7%

*21%

7%
*66

*21%
'

6%

6%

121/122%

123

7%

*66

22

22

69 %

*12

200

22

100

7

12,800

6%
124

123

400

12%

22

7%

3,500

180

7%

12%

230

16

*160

7%
69%

*12

1,100
1,6(0

22%

15%

16

12%

6%
49

22%

23

180

70

12%

124

60

49%

49%

50%

49%

49%

1,300

8%

8%

8%

8%

8 %

13.800

8%
20%

20%

*130%

22%

10

60

*66

135

22

22%

40

17 %

...

8%
20%

20

20%

100
Nopar

17%

15%

48%

8%

300

7

97% ;

•92

97%

3,400

4,300

101

17%

*22%

124

48%
:

*99%

17

6%

124

:

101

17%

*160

22

6%

15%

17%

12%

*21%

124

*92

70

12%

600

591/4

7%

*66

6%

J
1

Cutler-Hammer

12%

*21 %

7%

v-V-

69%

No pax

A

Cushman's Sons

7%

*66

100

2,700

26%

*26 %

26%

.

180

4,100

11%

41

15%

*160'

15

28%

26

22%

15%

15%

*11%

S

Prior

50% Aug 18

Mar 14

133

July

x31% May

21% Mar

100

Inc

22

22%
180

7%

Cunningham Drug Stores Inc
24)0
Curtis Publishing com
No par
$7 preferred
No par

'A-* 4%
V

22%
*160

10

common

Jan

preferred—

103

11

42

58%

100

Cudahy Packing Co

28%
*99

Oo

25%

97%

16%

pfd

500

"99%

ioo

*93%

13% Feb

Aug

•99%

16%

73

61

100

14%

25%

93%

10©

non-cum

2

25%

*41

42

25%

93%

13

150

15%

*40%

16%

14

Feb

14%

15%
42

25%

No par

Jun

«'122%

100%

No par

com

4,900

*1%

26%

8

com

50

4

11%

*99

100%

4,000

185

4

100%

No par

Corp

63% "63%

*

2

11%

10% Jun

Jan

27%

1%

■■

185

4%

27%

88

7

28

99%
101%

187

4

100%

17% May

;; •

27%

28

♦183

11%

15%

1'

2

185

28%

Dec

Press

4%

1%

5,900
30

99%
•100%

'.

63%

2

preferred

4%%

4

1%

63%

lOOVz

Dec

60

185

4

:

1,120

24%

23%

99

101%

U

67%

July

25%

99

*99

11%

'

54%

'

11

Cuban-American Sugar common—10
7%

53%

i!'7 77: sco

7 9%,

*10%

Aug 18
6

184

4

190

50

*8%

11 %

Apr 21
May

6%

63%

■

14%

14%
50

53%

*100%

60U

•,7,0 600
7
1,200

10%

10%

J;

...

9%

11

Cuba

8% Mar 29

27,

27%
*98%

2.50

preferred

conv

63 i/s

4C0

21%

14%

1

preferred

RR

€3 %

8,960

54

50

9% I

'24%

99%

101%

*1%

.

*21%
*

10%

53

25%;

*98%
*100%

1%

28

2nd preferred

$4

25 %

99%
101%

4

1%

6

♦52%

21%
54

14%
•'

52%

*98%
63

6.000

13

*49%
"

9%

*100%

185

3%

100

America

preferred
Zellerbach

13

13

10%

14%

52%
•

-

Sharet

60 %

21%

49%

184

*183%

1

common

of

,

1

preferred

Crucible Steel of Amer

72% Jan 24

6

Co

$4.20

7

31

7

21

com

14V2
*9

v

■

59%

♦52%

49%

14%
49%
> 9

5%

•

100

Crown

4

Jan

24

May

5% Jun

13% May

Dec

July

160

Jun

96
24

30

12% Feb

17% Aug

Feb
Apr

7%

Jan

52%

preferred

$2
-

100% Aug 12

14

55% Jun

25

52%

Cream of Wheat Corp (The)
Crown Cork & Seal com

7

46% Mar

Dec

52%

Creameries

1

14

Dec

23%

52%

3%%

Dec

84%

36%
■

8%

7

32% Jan

13

Jun

24%

49%

Crane

26% May

Mar

*14%

8%

*

6%

12%

10%

14%

the Week

$ per there

\ 59%

59

13L

Xl0%

49%

Coty Inc
Coty International Corp

8% Jan

*12%

'

10%

10%

14%

Corp

59

21%

*8%

8

96

Jun
Jan

58%

54

*49%

Products

7%

V'v

*21 %

i
20

3

21 % Jun

13

Deo

17% Nor

Com

;

5%

*52%

preferred
—.100
pfd 3%% ser of 1947
100

Cum

Sale* fur

'

'

22 %

IS

common

pref 5% series

Exchange Bank & Tr Co
Corning Glass Works common
3%%

Friday r*
Aug. 19

I

I perthare

6

54

*52%

-SO

Convertible

9

98%

8ep

8%

10%

Aug

13

39% Jun

Feb

29

92%

Feb

*10%

Corn

9

22

22%

22%

CLOSED

2% Jan

3% Mar 25

1%

8TOCK

*12%

No par

'4% May

6

164%

5

com

13

54'.

July 21

64% May

6

Jan

13

.14

5%

58%
13

Aug. 18

9 per thare

.

6

58

58

*52%

99% Jan
101

57%

Corp

Cornell Dublller Electric

26% July 19
25

Apr 26

98

of Delaware-

6

EXCHANGE

<

7

Thursday

Aug. 17

f per there «

5%

No par

15

49% Mar

5%

Aug. 16

Copper Range Co
Copperweld Steel Co

6

Ffeb

ll%Jan

52

4

Jun

f jper than

8 per thare

$3 prior preferred

17

13

>9% Jan

Aug. 15

a

Corp

Wednesday

Tuesday'

Aug. 13

Continental Motors

7

Monday, August 22, 1949

RECORD
V.vi, Monday

Saturday
Fat

14

11

42% Mar

CHRONICLE

LOW AND DOE f ALB PRICES

STOCK

9 per there

Oil

47% Feb

68

STOCK

,

Continental

Jun

•

YORK

60% Aug 19
15% Jan
3

69%

z49% Mar

YORK

EXCHANGE

8% Jan

14

46% Feb
liet '

NEW

Range Since Jem. 1
Highest

UtmI

HlffaMt

9 per there

FINANCIAL

STOCKS

Raaga tmr PmtUm
•

&

'*

*

20%

135

221/4

*130%

22%

22%

19%

20

*130%

135

20%
135

22%

22%

2,300

22%

1,100

D
9

Jun

13

85

Oct

94%

Jun

87

Jan

4

96

Aug 18

13%
14%

Dec

20%

Jan

11% July

5

14

Jan

Dec

17%

Jan

15

18%

Feb

13

84

8%

17% May

2

Feb

28% July
31% Aug

3

31

Nov

94

Jun

92

Jan

4

94

Jun

92% Jan

11

15%

Jan

7 % Jun

98% Aug 18
97% Aug 18
10% Jan
8

Nov

8% Sep

27

Corp common
pfd series A__.
Davega Stores Corp common
5% conv preferred

xl6% Mar

8

21

Aug 17
May 12

26% Jan

30

13%

Jan

42

Jun

17

Jun

14

46%

Jan

30% Jun

*

Dec

31% Dec
29% Feb
38 % Jan

4% May 31

.34% May

50%

July

26

38

Aug
Aug

13

13

Jun

20

Jun

13

27% Jan

Inc

*11%

12

♦16'/4

17%

*16 %

17%

*16%

17%

1

20 %

20%

20%

20%

20%

Co

&

X28%

28%

28%

98 %

*97%

98%

97

*97

97%

39% July

32% Mar

58

20

21% May
60% Jan

Apr
Dec

56

July

34% Jun
20

14

Jan

50

50% Jan

3

Jun

24

29

58

Jan

14

24% Mar

2

20

13

26%

Oct

15

Jun

16%

Jan

11% Jun

28%

Jun

16% Jun

13

22

Jan

26

46

Jun

32% Jun

22

40

Jan

7

Dec

19% Deo
35% Mar

/

38

"

Feb

11
,

46% July
19% May

Dec

—

f

Mar

7% Mar 12

f

per thare

-13% Dec

I! 25

per

20%

Not

41

*hare

;

Oct

9% Feb

Jun

24% Feb

14'

Dec

56

Apr

Dec

23

Jan

10

Jun

Feb

40

Jun

19

Feb

12% Jan

67%

Apr

48% Feb

7

29

Not

32% Feb
97

Feb

90

50%

Jun

43
Apr
101% Apr

106%

•

Oct

106%

Peb

*18% Not

Oct

31 %

83
12

■

Jan

Dec

20

18

98

,

-,

80

•

Apr

8% Jun

24

19 % July 26
13
Jan
5

8

13

94 '

124% Jun

Feb

99%

111% Auf
10% Dm

-

18

116

Dm

Jun
Jun

15%

13%

Oct

19%

12% Dm
88%

Feb

Sep
88% Dm

;14
82

Mar

Doehler-Jarvis

*.

Chemical

-

3%%
Dunhlll

56

Jan

10% Feb
95

Jun

6

Jun

Oct

Deo

l5%

'

Feb
9% Mar

12% Jan
39% Dee
97

4%
f

Feb

1

Jan

10% Jun

14

47

Feb

2

29

20% July
16% Dec

May 16

8% Jun

14

12 % Jun

16% Aug
Jun

17

14% Jan

6

x29% Jun

16

100% Jan

24

Not

4

% Jun

_

6

l

59

68%

55

Deo

7% Mar
Deo

3%

Apr

9

Jan

49%

For footnotes

see

page

25

:

58

13% Jan

42%

600

*10%

11%

800

7%

7%

7%

7%

*7%

7%

16%

16%

16%

16%

16%

16%

7

16% Mar 31
17% May 26
33% Mar 25
104

Jan

13

5% Aug 17
14% Jan 21
61% Jan 24
68

15

24.




*28%

28%

28%

*49%

50%

11%

11 »/8

EXCHANGE

30Vz

30%

CLOSED

16%

163A

STOCK

59%

•1 -

•

■' *49

5%

100

5%
Erie

16 %

17%

59

59%

107

59 3%

59'%

48 3%

48%

48%

105

1053%

*105

18%

19%

*81

84

83%

83 %

*82

17

17

17a%

173/4

18

12

12

12

■'

106 %

106%

19%

11%

19
:

85%

17%

48%

7,200

593%

48%

1,000

48 3%

*59

60

600

1,000

6,500

*105%
♦106%

400

106

107

19 3%

18%
*82

85%

100

193%

7,600
100

85 %

18

18

18

18

12

><12

12

12

12%

1,500

;

50%

52%

51%

52%

48,400

52%

52%

122

122 r:",--

*121%

123

*122

101%

; v-v.

1013%

*101%

102

--101%

700

*112%

113%

*112%

*10%

10%

*10%

113%

*122

123

*101%

102

*112%

113%

113%

113%

*10%

103%

*10 %

103%

*18 3/4

19

18%

18%

1,100

14%

113%:

*112%

103%:

*10%

15

143%

14%

'5,600

10 3%

•

*9%

93%

9%

9%

It

423%

423%

42%

42%

100

*178

V

182

*178

8%
10
■'

182

26%

26%

'26%

16%

*16%

16%

16%

16%

95

♦92

95

100

*93

*92

11

11

11

*95

96

*95

*7

7%

6%

39%

39% "U

39 %

39% *7

15

15%

15

15

No p«x

*35

*35

37

.IS

37

-

■

;

:

39%

*

36%

-

40 3%

40%

40%

900

40%

15

*

15

15

15

r/V 36

36

*36

:

36%

*12

21%

21%

57

57

*57%

593%

*57

47

*45

47

*45

47

*45

2,900
1,100
100

59
47

47

*45

24%

24%

24%

24%

9%

93%

9%

93/4

9%

13%

16%

16%

163%

16%

31%

31% 1

31%

13%

31%

51

51

*50%

52

*51

50

*60

63

*60

63

*60%

*101%

4%
8%
9

4%

4%

4%

■

24%

24%

243%

24%

24%

10%

10%

10 34

3,300

2,700

1,200

313%

100

46

200

2,100

10%

8%

2,000

13%

103/4

45%

500

.

16%

10%

"

12%

22%

133%

11%

9%

12%

21%

*16%

10%

45%

1,300

14%

No pax

*7%

38%

-

16%

53%

7%

12%
223%

•38

1,500

16%

53%

7%

12%
22

1%

1%

13%

5%

S

383/4

■;

10%

*101%

4%

38 3%

,

16%

53%

4%

1%

14

102%

4%

12 %

1%

16%

.

5%

.8

39 %

/

10%

1

103

1%
*

13%

13%

10

4%

-

15%

12%

24%

.2.80

1,200

7

57

*45

9

11%

7

21%

-

45%

40

*1%

4

1

7

GOO

96

*95

12%
*56

3

7

1,700

95

11%

96

21%

12%
56

common—2s

common

*92

ll3/«

11%

39

21%

102

16

95

40

26%

39%

12 V*

100

182

16

39%

21%

13%

1

26%

16%

1%

56

S

181

26%

13%

3

Mfg Co

1,300
3,900

38 3%

50
Gas

10%
43 %

1%

—SO

10

900

10%
43

181

♦95

7%

*35

1%

10 %.-,

•

*92

11%

xl5

393/s

9

*8%

43 Vs

10

v

3

No pax

10'%

263/4

96

7%

0

Amer. shares

300
400

-■

*16

95

11

96

1

(The)

*10%
*95

8%

8%

*178

263%

16%

100

Bldg

181

:

263%

26

■

42%

42%

1

2.80

common

Battery

u

.10

423%

*178

V

8%'.,

2

common

513%

:

53
123

101%

"

Corp

Corp.

250

■

18

.

Co common

Inc
Corp

,"400

"

31

107
v

*82

15

Co

-.

^

11%

105

107

19

18 3%

19

preferred

Buffet

17i%

143%

Evans

Exchange

17

Xl8%

7

6

17%

83%

Pittsburgh RR Co

Eversharp

17

15

preferred series A

Ex-Cell-O

16%

19

Corp

5% Apr

'*30%

8 3%

common

Products

30%

14%

Eureka Williams

&

30n%

18%

4% preferred
Equitable Office
RR

30%

9

Emerson Radio & Phonograph
Empire District Electric Co

Erie

30%

*106

4,000

29%
50

^

30%

15

Endlcott Johnson Corp

50

-

50

11%

19%

Electric

11

'-'29%

-

11%

19%

common

Natural

Sharet

15-'11 f-

.

11%

1063/4

preference

Paso

Emerson

the Week

'■

11%

*105%

Sales for
V

& Co—

Convertible preferred

El

29% ?

50

Friday
Aug. 19

11%

No pax

*11%

&

t per thare

v

11%

*59

400

18,900

,

'

48%

100

:■

11;;-'

*28%

49%

14%

Auto-Lite

conv

29

49%

105%

preferred
Elastic Stop Nut Co

5% %

'29

47%

19

103%

103%

503% «<•»

105%

50c

■

f per thare

30%

59%

603

7%
16"%

Aug. 18

29

48%

preferred

Electric Storage

103%

*8%

Products Co

Elec & Mus Ind

11 •*

1053/4

4%%

Electric Boat

%

*11

7%
16%

7%
16%

Thursday

Aug. 17
1 per thare

1

6

9% Aug 12
46% Aug 18

4

Jun

10%

47"%

IS

31

28

Jan

103/4

163/4

Wednesday

« per thare ^

IS

Jan

6% Jun
3

1 perthgre

7%

"

500
900

'

'..

BALE PRICES

Tuesday
Aug. 16

105%

Inc

4% Jan

lOVeJan

1

Monday
Aug. 15

IS

Manufacturing Co

Electric

18%

a

preferred

4%%
Ekco

28

13

36
.

6%

Aug 11

6% Jun

May

7% Mar

July 12

3% Feb

20% May
11% Jan

Dec

42%

11

I

Elliott Co

15

6%

43

11

Elgin National Watch Co

13

Jun

42% Jan
23 % Aug

104

42%

11%

No pax

22% Aug 18

17% Jun
48

Jan

43

*103/4

10 3/4

13% Mar 24

Jun

48% Jun

34%

10

Oct

50% Feb

Sep

Jan

jun

13

Deo

Aug 19
2% Jan 12

49

9% Jun

4

Eastman Kodak

36

.51/

2

16% July
65% July

9%

7

15% Apr 14

13

7

Jan

74%

34

*42 3/4

—■

7

27%

Jan

9% Feb

1 % Jun

34% Jun

Jan

17

42%

Co

Airlines

200

10%

S8

Eastern Corp common
Eastern Stainless Steel

Eastern

1.5C0

10%

Cigar Corp

lagle-Plcher

6%
19%

42%

1st pfd

7

100

6%
19%

19

10%

5

Duquesne Light 5%

6%

19

43

503/4

43

*12%

*6%

19

55

10%

101%

Aug 12
Apr
5
May 2
7% Apr
1

12%

6%

*53

56

43

121%

14

6%
*18%

*53

363/4

50%

101

32% Mar 18

2% May

56%

•

12%

6%

*19%

,

'

56

18%

1213/4

D W Q

*53

55

5.5C0

123/4

IOI1/2

4

8,900

18%

Nopar

185

1

1,200

221/4

36%

No pax

July 25
Jun

41

22

*12%

series

13% Jan

33% Apr 29
12% Feb 25

Jun

19% Not

(E I)

94

Jan

41

223/8

,

36

No pax

12

8%

41%

22%

Saturday

Corp

88

Jan

41

22%

Aug. 13

Edison Bros Stores Inc

Jun

41

22 %

19

$3.50

10

40%

123/a

Preferred

Jan

40%
22%

35%

International

Duplan

Eaton

106

'

2,500

19

preferred

conv

20% Mar 30
16% Mar 29

5

23%

123/fe

:

$3.25 2nd preferred
Dresser Industries common

18

16%

41% Dee

Jan

203/4

233/g

13

common

July 20
32% Jan
7

37%

*55

t.

164

203/4

23%

36

series

47% Mar 29

20%

23%

18%

No pax

Co

7

Feb

1% Not
,48% Dec
12% Dm

Ltd

$4 preferred series A

13% Jan

13

20%

23%

600

2,300

*34 %

21

Douglas Aircraft

13

32% Feb

'

38% Jun

20%

23

7

19

No pax

14% Apr

16%

Dm

39% Not
11

14
14

Jun

7% July 11
7% Jun 14

20%

23%

700

<•'.

30%

35%

S

21% Jun

5% Jan
'•

13

6%

18%

$4.50

115% Jan
12% Jan 10

7%

35%

Corp

Deo

92%

10% Dm
92

Jun

*

12%

Preferred

8
12

31%

7%

19%

Common

Aug

31%

0%

.60«

19% May

33%

Deo

12%

102

3

20

31%

63/4

20%

*52

53
Aug 18
123% July 5

28

15% Jun

46% May
175

14

13

Not

22% Jan

157

Jun

9% Jun

25% May
20% May

Deo

Feb

97% Jan
112

Jan

13
?

119

31%

35%

No pax

Dow

21

2,500
4,800

35"%

19%

A

Du Pont de Nem

43% Jun

113% Jan

.

53

Pepper Co

Class

July 13

24% May 4
86% Jan 21

24

37%

35%
303/4

22%

51

No par
No pa*

50% Jan 21

108% Jan

233/4
36%

23
40%

23%
22%

«*2E

Dome Mines Ltd

106

27

11% Mar

May

Jan

24%
36

*35%

*35%

Co

Corp —
Dixie Cup Co common
Dr.

1,000

37%

*20%

20% <;

23

41%

DItoo

,

6%

23%

§ per thare

-

6%

12.BO

Corp

17% Apr 20
63% Mar 31

22

Apr 29
17% July 28

Jun

July
May

33

1

101

12% Deo

;

July

Jan-18

Apr 26'
14% Mar 29,

3

47

25

.

400

36%

6%

22

EXCHANGE

Jan'/8

8%

36

31%

41

NEW YORK STOCK

53

12

11% Not

:

30

45% Juri ''13.

10

-

17

70

*83/S

No pax

parfclc ^preferred

Distill Corp-Seagrams

97%

23%

6%

20%

V

»

Car

98%

97%

36

31%

-

7%

220

98%

36%

32 %

7

20

Corp

28%

.

21%

36

100

8 per thare

24

973/4

300

36%

36%

35%

6%

Hlghsst

-8 per thare

46%
29

pfd

21

35%

35%

321/4

V.

/

—100

com

20%

36

STOCKS

Lowest.

98%

973/4

20%

*35 %

^

*18%

Range Slnee Jan. 1

Highest

28%

98%

/

35%
* > '

6%

Eaage for Previous

10.000

28%

98%
97%

20%

50

Co

Stores

283/4

28%

28%

98%
*97

7

19%

Diana

1,900

6%

100

Devoe & Raynolds class A
Match common

16% Aug 18

203/4

7

Light Co—13.50

T Motor

20%

7

6%

6%

20%

7

*18%

Diamond

203/4

21

7

1

Diamond

5

17%

7%

1

1

12 % Apr

13

Year 1948

t".

45% Feb

14
13

12% Jun

xl9% May

Lowest

V

1'

9% Jun
6 % Jun

—

18
Wr

39% July

*16%

7%

1

Steel

Vilblss

17%

10%

8%

Detroit-Michigan Stove Co
De

*16%

8%

Detroit

Mar 29

390

12%

8%

Detroit Hillsdale & S W RR Co_ 100

7

11

13% May

3,300

96%

*113/4

8%

&

for

10%

*96

12

8%

Western

for

ctfs

11

96

12

8%

20

Detroit Edison

10

9% Jan

8% Dec
22% Mar

ctfs

Escrow

22% Aug 18

7

4% Jun

Escrow

1034

953/4

8%

&

Delaware Power

7

10%

V;r 953/i

95

8%

Denver & Rio Grande West RR

14% Feb

■

28%

*97

x97

v

No pax

common—

Lack

_7

10%
-

BOe

_

preferred

Delaware

20% Aug 18

19

12

BOe

Delaware & Hudson

7

19

_

Deep Rock Oil Corp

40% Jan 21
9% Jan

Records

7%

95

*11%

11%

100

series B

Deere

'*93%

12

11%

100

series A

3.75%

Dayton Rubber Co

8

Jun

3.75%

Preferred

5

x36

5% Jun

mmm

Preferred

12

13

11

94

*11%

20

Corp (The)
Dayton Pwr & Light common—

Decca

10%

*93

100

Chemical

Davison

7

Jan

Mar 29

31

Jun

13 %

7% Feb

9% Jan
29

1

2.50

3% %

24

'Sep

24%
82%

<

Jan

Dana

15% Mar 18

4

8
.

9

453%
4%

313%
103

31%
*102

31%
103

31 %
*102

31 %

900

103

100

5%

5%

5%

5%

25,500

11%

11%

11'%

11%

5,600

52%

*51%

52%

*51 Vs

53

62

*60 %

63

*60%

63

5%
11%

4%
8

9

46

4%

*4%
8%
9

4%
8 %

4%

.43%
8

100

„

700

8»/s

800

9%

e.ioo

46 %

1,400

9%

9%

46%

46%

46%

3%

3%

33%

3%

900

♦'

)■.

THE

Number 4831

Volume 170

COMMERCIAL

NEW
for Previous
Year 194*

.'r

:

*

37

64%

13,

41% Jan

Feb

28

15

19

Nov

3

NOT

11%

Jun

11

Feb

16

Oct

127/a Aug
% Jun
11% Mar

7% Jan

9

15

,

I Jun,,' 6

32

43
Jun
20y4May

•;

Mar

8

14% Jun

Dec

12% May

3% Jun

14

Peb

31% May

24% Feb

9

90

Feb

5

30

Jun

95 % Mar 23,
14 % Jun

13

100 % May
20% Jan

3

Sep
Jun

12% Jun

14

17% Jan

8

63%

Feb

69 7/,

Oct

63 y2 July 13

70

Dec

53

Jun

43

50 % Mar 31*

103 7/s

Jun

105

59% July

53

107%

Not

49% Mar

3

Firth

7

98% Jan

7

Dec

22%

Dec

i

40%

Dec

79

Dec

24%

97/,

Florida

Dec

89

July 18

i

12% Aug 19
29% Jan
0

Food

26

3%%

9

Feb

26

12% Aug 17

May

8

Jun

Oct

x38

10

Feb

47%

17 7/, Mar

13

10 % May 13

Feb

26

19
6

53
Aug 11
16% May 27
20% Jan 12

14%

*14 V2

14%

14%

14%

14%

14%

3,800

*36%

37%

36%

36%

37

37

«*367/a

37 y4

18

17%

17%

17%

18

18

18

18

?

28%

100 Va

99%

*99 y2

14%

*14%

14%

15V4
15%

is y8

15%
68 y4

67 ya

69%

70

70

47

47

47%

47%

48

'

11V2

11%

11%

11%

11%

nya

11%

27%

27%

27 y«

27%

28

28 ya.

102 »/2

*101%

102%

♦102

r

*21 y«

21%

22

'

16

16

22

16

10% May
10% May

4% Jun

7% Apr

4

Dec

4% Jun

14

7% Jan

10

Dec

20

Jan

14% Jun

30

17% Jan

8

Dec

12

Aug

l

9% Jan

10

Dec

34

15

41% Jan

13

Feb

25

17% Aug 18

Game well Co

15

Jun

15

19

Gardner-Denver

9

12%

Feb

16%

Nov

23 y4

6% Jun

48% Aug
17% July

38%

Jun

Jun

14%

14 y4

13%

14%

11%

11%

12

12 y8

12 y4

12

12'/a

24%

12 y8

25%

6%

Apr

26

Dec
Dec

45

16%

Dec

11%

Feb

13

14

13% Apr
6% Feb

25

3 '/a Jun

21% Jun

13

32% Feb

4

15'/a Jun

14

23% Jan

7

13 % Jan

3

103% Jan

25

May

26% May
18 y4 May

9% May

105%

99% Mar
Dec

42

100%

Jan

8 7/,

Feb

146

Jun

53% May

42

Feb

May

99

11% July
Dec

153

106

9% Mar

14 y4 May

•

46 % Aug

106

Jan

11
24

-

25%

10
•

11%

Nov

15

July

Jun

13

10

72%

Sep

82

Jun

65% Apr

24

11%

*11%

11%

*

8%
52%

51 %

15%

15%

*15%

15%

18%

xl7%

17%

17%

17%

Nov

44% July

24% Jun

25
14

9

18

Dec

X125

Nov

24

Jan

;;

34

+

-

9

;

Mar

40%

39% Jan
937/8 Jan

4

x6% Jun

14!

63

Jun

Oct

7

23

2

Jan

Jun

6

.*

13% Jan

11

52% Jan

13
>7

<

Co—

No par

4y4

4V4

43/a

4%

♦23%

24%

•*2J3/4

19%

19%

16%

16%

17

17

17 Va

17 Vs

17 y4

♦106

106 V*

I* 27%

27%

107% Jan

4

• per thare

Oct

93% Feb
12% Mar
16%
12%

'

125%
17 %
26

Nov

2%

Feb

9%

.

13

preferred

138%

1% % conv preferred

*99%

7

:.:i' 49%

-

•'

_100

-*105

,

"

Sep

24%

Feb

5

126 y4 Aug

x97

-

Jan

6

Feb

25

22% Jun

-

17

13}

Jun

28% Aug

t

Saturday

—.w.

15

15 V4 Jun

May

120

Jan

0% May
30% Jun

v

20% Jun

Jan

28% Aug

24 «; Mar 14

Oct

Gen Public Service

99% July 18

; Gen

'•iV;-.

*

•"

101%

102

v

*16y2

CLOSED

V

22%

Dec

'

21%

Dec

'

98%

Apr

'

18%

Dec

76

Dec

72%

22% Jan

29% May
30 % May

102%

Jan

Dec

90
May
82% May

*

,

26 y2

3

Jan

27

Aug ; 8 7
4*

23

99% Apr

4

102% Jan

4

15% Jun

13

21% Jan

5

67

July 19

77% Apr

70

Jun

73

9

8%%

16%?

leva.? 16 y2

*163/a

28 Va

28%

28 Vs

'

13%

133/4

13%

131/2

•120

5%

53/4

23%

23'/a

nv* 27%

27% ;

*27Va

*

26 %

No par
100

com

26%

26

21%

21%

♦21

2iya

♦99

102

100

*70

18%

♦65

71

*70

Dec

96 V*

79% Jun

1

83%

83%

14%

14%

Dec

85% Jun

72 y2 July 11
21 y4 Jun

17

28

17% Jun

17

48%

Feb

4

Mar

113

Mar

14%

122

52 y2 Jun
Jun

24

104 i, Aug

Jun

14

45% Jan

26

105% Oct

Dec

23%

Dec

5%
87/«

Feb

Jun
Jan

Apr

98% Jun
Jun

10

1 % May

5% Feb

16% Mar

5

12

3% Jan

7

Oct

16 Vs Jan

4

35

Oct

16% Jun

14

23

Nov

31

May

89

Nov

99

Jun

93 y2 Apr

26

14 %

8ep

11

14

Mar

Dec

20% Mar

,

Jun

8% Apr

19

18

Feb

5

i

23

Granite

36

Grant

May 31

93
July 25
16% Apr
9

(B F)

Feb

16

Apr

11

13 Vo Aug

8

Gt Northern Iron Ore Prop_i.No par

33'A.Jun

13

43% Jan

7

Gt Northern Ry •%

Jun

16% Jan

3

18% Jan

10

145%

Jun

133'/2 July

Dec

10

Feb

90%

Dec

Jan

77

,

66

Jun

8
3

144% Mar
68

3

Jun

3

39% Aug
8
14% Mar 29

Jun

33% Mar 19

17% May

11% Jun 22

13% May
98
Jun
25% July

10% Jan

4

12

July 20

93% Jan

4

100

July 27

407/,

Feb

13 %

^Nopar
c":

6

13

23%

Apr

29%

7%
22%
7 22%

Great Western

7%

•

...

iNo
Sugar com—No
pfd

preferred

Green

Bay A Western RR

Green

(H

L)

Co

(The)

81

Jun

56% Jun

13

Jan

18% July

16% Jan

3

For

footnotes

see




page

2*

71% Jan
20

ADr

7
16

Gulf

Oil

Corp

Gulf Stater ntuities Co—

*12

40 34

41

12%

*11%

.1%
7%

7%

22'/a

22%

1%

7%

7%

:7%

.7%

22%

22%

22%

22%

23 Va

*22%

24%
98

24%
*973/4

100
100

•135

*64%

136

*135

136

66

66

66

3i %

39%

•

23

23

24%

98

98%

14%

♦33%

34%

33%

33% V

12%

12"%

18%

18%

135%

135%

*65

39

*12%

12%

12%

11%

11%

11%

11%

11 Va

93%

98%

*98%

983/4

17 Va

17 y4

*97
•11

6

6

*97

,

;

69
39 y2

17

135%
*65
39

136
69

*65

12%

*12%
11%

11%

*98 Va

983/4

983/4

98%

17%

17%

17%

173/a

6

6

99

*98

6 Va

6

6y8

3,200

17 Va

8,200
100
.

.)

69

*12%

13y4

ny4

1,200

37% ' *."

10

2,100

39%

39

39%

,100

136

135

110

.2,000

15

34%

•12%

99

1

15%

*33%

3

5%

,1.P00
1,100
1,900

143/4

No par

17%

1,500

'

24%

98

'•

23

24%

100

23,100

14%

39%
12%

17 V4

■<

12

*14%

39%

.

1,000

l'/a

1%

98

3,500

41

104%

1%

24%

.

-

104 7/a

1043/4

18%

Gulf Mobile A Ohio RR com.No par

Feb

40%

18 Va

July 11

14

104%

103%
104%

17%

Jan

577/,

♦103%

,

18

preferred—

preferred-

103%

4

40%

17%

14

$5

63

60
^900
4,000
r400
:•

63%

102

200

,8,100

lr

-1534

62 3/4

par

99

8

.,#i5y4

16%

4

Jan

15%

63%

x?.7%

13

50

153/a'.
62 %

13

*12%

9

15%

39%

Feb

14

,

2,000
,

100

13

Jan

Jun

,

3,000

,

.'

52
'

„

,100

39

5

41

100

100

;

v

X9

9%
100.

28 y8

20%

*51 ,'

39

9% Jun

58% Jun

52

13

92

Feb

*33

20%

9%

9 Vs

28

20%

28%

♦493/4

100

.75

..

38%

Jun

44

,

273/i
20%

;■

20%
52

*74

;

12%

July

7

28

•

13

9

24

•i

75

*74

75

38%-

97

Jun

5,500

38 Va

20 7/,

..

10O

143/i

12%

Feb

20% Apr
6
7% July 13

35

14%
34%

14%

3,000

29 Va

13

Nov

5% Mar

15

14%

4,100

85 Ye

38%

12%

15% Jun

98

*97

93

•33

24%

24%

24%

♦H'A

V,

7%

14%

22%

7%

22%

•

29%

1%
■

60

71

7

•

7%

*

71 Va

*65

f

38 V4

85

Nov

>

22 Va

♦97

2,200

•19%

Va

71

par

100
Grumman Aircraft Corp,
—1
Guantanamo Sugar common
1
$5 conv preferred
No par

16%

393/4

—

Common

$y4%

102

lVa

7%

* 19

,

*83%

12

22%

102

*99

71 %
71
*

29%

1?

*22%

100

84%
15'/a

12

7%

21 Va

143/4

106

22%

*21 Va

29%

♦104

1%

2,000

84%

105

22%
.

603/4

,■

40 J/4

1

Inc

Greenfield Tap A Die Corp

Greyhound Corp

24%

"

15%

60 „t
103 '/a

*11%
i

100

15%

'(■.

104%

100

26%

14%

20%

100
•••

39 V*

12

3

87/a

*102

105

1

9y8

9

400

28

108

263/a

85 Va

*493/4

,59 Vs

/jr

1%

-2—100

.

59%

1%

20%
50%

100

39%

*11%

273/4

28

rj'ifi'; rl5V+

102%

par

Jan

32

59%

r

par

coral—1

Stores

,

»■'

29%

*74

>75

/.'

50 %

100

-,15%

102%

.

105

11% Jun

July

15%

.

39

-2—5

Co common

preferred

Grayson-Robinson
$2.25 conv pfd

♦98
t

par

50% May

.

Feb

60

par

15% May

40

Dec

132

9%

No par

/

36%

9%

;/

7

7

>.

/

♦65

71

14%

20%

50 V*

—10

City Steel

(W T)

3%%
'

*49%

No par

com

Union Co (The)

Grand

1

20%

28

193/4

19%
71 %

27%

27%

20%

Inc———-—10

Consol M S & P—

Granby

22% Aug 15
28 y2 Jan
25

Co

27

par

50
1
100

preferred

*74

747/a

2.50

No

com

$5 preferred
No
Goodyear Tire A Rub com_„No
$5 preferred
No
Gotham Hosiery
No
Granam-Palge Motors.

Aug 11

10

18

9% Mar

X105

20

15% Aug

29

Goodrich

9

34

conv

Goodall-Sanford

Mar 24

100

(The)

Gold A Stock Telegraph Co

7

64

14

4%%

12

Oct

50%

96 7/, Mar

xl2

Jan

17% Jan

Co

Goebel Brewing Co

8

103% Aug

38 7/, Mar

5%

116

29

Oct

Glidden

747/a

No par

preferred

$4.50

Gleaner Harvester Corp

7

9% Aug

13

14 y, Jun

31

53% Mar 25

3

x95 y2 Jun

Jan

28V4 Aug 18
21% Jan

6

Nov

64%

94% Mar

2%

July

5% Jan

24% May

Dec

'47% Mar

15

48

76

20

23%

108

t

102

193/a

71%:

283/4

'

Nov

May
55% July
6% Oct

5

Glmbel Brothers common

23%

21%

♦99

102

19 y»

*84

14%

14'/a

*21 y8

6%

86

*84

1,000
3,300
; 600

f

5%

*

29 Vs

28%

21%

*65

7

6%

7

53/4

.

Vt: 26«/a

71%

71

28%

/

'

107%

107%
♦26

*99

5%
23%
28%

♦28

28%
107

26%

*

71%

*65

.

23%

233/4

26

19'/a

.

30,300

122%

*120

121

5%

•21

>

102

*99

v:

.

71 »/4

_100

87

*

106v4

19 Va

♦18%

5

107

107»/a
26 y4

6%

19%

1,700

2%

2%

3.

121

V,-:

53/4-

♦23%

106%

:

122%

5%

28%

28

5%

23%

23%
106 y2
,

r,

♦120

122%

♦120

122%

5%

28%

75

2%

2,100
1,400

16%

-

300

;

1

15

com—No par
No par

5

•

16%

Gillette Safety Razor

17% Jan

2% V. 2%

I434

Georgia-Pac Plywood A Lumb Co_l

14

fit-

16%

7

12!/4 Jun

2%

15

7

May

13%

13%,

16%

12% Feb

25

f 800

283i

13%

209

A 5 500

16 3A

2d

13%

*16Va

143/»

33% Jail

Dec

1

102%:

14%

15

17

102%

IT

1

preference

102 ?/2

16%

14

$5 conv

♦1023/a

14%

Jun

13

126%

102 y2

17 V,

24

Jan

126V4

28

28

•..»

163/V

No par

preferred
preferred—

Shartt

r &

62%.

126%

17

39% May

91

61%
#1253/4

*16%

Feb

Jun

62%

14%- I

277/,

5% Jun

61%
♦125%

2%

10c

Refractories

4Vt%

3

,"j

62

14 Va

Gen Tire A Rubber Co com—

11

Mar

the Week

2%

—100

Time Corp
preferred—

Sale* for

I per thare

>

14%

Steel Castings $6 pfd—No par
General Telephone Corp_
—20

4y4%

126%

•

■

Friday
Aug. 19

i
?

Aug. 18
f per shara

.

2%

General Shoe Corp

General

{Thursday)

share

2,000

106

*105

-

14%

/„/

Gen

22 »/2 Apr

18% Jun
/

Jun

30

122

>.■

> 240

126%

3

'

1

I06

/' 61%

120»/4

27%

13%

13%

*105

126%

126%

4,500

51

;

*102

27%

r

*126

.

7%

51

,..*101% .102% A/
16%
16%

;

16%

27%

9 per

'

■

126%
10J

♦105

6i%

6iy8
126?

7

800
' 50

.

45%
100.

*99%

*

126%

:•

9 per share

126%

•,

v

300

14,400
5,100

37%

No par

preferred

General

8

.

STOCK

EXCHANGE

'50%

■

138'

37%

>-144%!;

7%
51

<

19%

138

101. v

7y8

180

V

28

I.

19'/a»

?

6,200

7%

,70

U28

3

Gen Realty A Utilities—

<

7
-

No par

Corp

Railway Signal com

6%

1

——_—lOo

Utilities

Public

Gen

6

24% Jan

22

31%
132%

Gen Precision Equip Corp

7-

VJan

No par
Co

Cement

7.

5% Aug 11

10

Portland

51

50%

106

61%

126%
5":

No par

series:

Outdoor Advertising

General

Aug 18

123

May 19

,

4%,Feb

Gen

.

61%

10

44%

♦99 Y»
■■■'

7

7

:> M

$ per share

$ per share

No par

8

20 y« Jan

14

$5 preferred
Preferred $3.75

18 ;

3% Jan

23

Par

'

,3/44%

'i-

101

LOW AND DOW SALE FRICM
Wednesday
Tuesday f
Aug. 17 f
Aug. 16 V ';

Monday
Aug. 15

.-''Aug. 13/7,,
«

General Motors Corp com

.

15

16% Mar

11% Jab/3

2% Jun

..*.',*,.4J*"

8

-

102% Aug 19
16% Aug 16

11%-July 19

Jun

128%

I

Nov

110%

63% Aug

123% Jan;

-Nov

20

.

22% Ffeb >

,

14

* "M?'

38 Va

38 Va

"

126 .'

*105

4-------.fr

STOCKS

'».• * EXCHANGE

•>

♦

-t-per thare

15%

Dec

4% Mar

;

^

.1$

i

50%

1.126

103

138 v2

■37%

441/4 .'44%

7

*49%

49%
123%

*137%

19

*99%

*

"

*126

138%

37%

37%
102

7

•1.

19%

19

138%

44%

44

44 y4
101

,r3

19%

10 3A

*70
•

3,200

lO'A

7

7%

287/a

■Ab"'

155

,

*10

70 Va

*28 '■:*

29

19

10 Va

10

r

3,000

45 Va
106 Va

*153

♦70

70 ya

•27%

*•

106

45

10%

S'

*70

138%

36%

37%

36%

43%
*93%

100

.

NEW YORK STOCK-'.

i Highest

18% May c:i
4% May

Dec

18%
120

Jun

99% Jun

,

'

51% Jun

NOT

66

<

Feb

107/,

4"

* per thare E*-i-|>,per thare

50% Mar
119

L*WMt

Highest.'

i:

-3'

frn 19

18%
138 y*

i

10 y4

7%

7%

70

28%

f)..": 70

3,400

106
■

155

*10

4,300

17 y8

*102

45 ya

♦153

10%

7%

7%:-

6%

7

70 Va

*1"0

10%

100

ly Va

17

106 ya

10 y8

10 y8

155

•153

155

*10

10%

10 Va

10 Va

10 Va

*153

106%

*102

106

*103

io%
155

45 y8
*102

24%

19 Va

*

106 V4

*106

45 y4

44%

45

*44%

'

Leweuft

106%

*106

45%

/V;;">~'6%

:
I
_No par

2,300

4%

'

i

3,000

19%

,

400

■

12%

24%

18%

«' •:

No par

12

19 y4

138%
'

;

No par

com

Range Slaee Jan. 1

*,

No par

12

'4%

27%

100

Foods Corp

A.- VV :5

:,£>

50

11 %

11%

♦23%

6%
k

**nVi

4%

70

*■■<1

100

18

19%

*10

No par

$3.50 preferred
General Instrument Corp
General Mills common

Baagefor Previous
Year 194*

•153

18

*17%

19'/a

9%

■

No par
3

; 200

17

7%

19 V*

106%-

•103

3

common

2*800

353/4

*16

24%

106 y2

44%

No par

Co

preferred.

General

16%

•106
3

11%

7%

*35

7%

4%

24

18%

—

11%

1,700

17%

17%
:

2,300

17

163/4

35%

*7%
*35

18

600

6'/4

%

b

6%

•' : 450

5Va

5 Va

5%

*23%

4%

*4%

1.66%

17

300

6,400

.71

69%

17%

17

17

«'

69%

63%

35%

♦17%

.;

'

7%

7%

*35

v

17

11%

11

11

ia%

5y3

18

*17%

18

17%

3' 6%

17

16%

18 %

5%

/:■■■.

1,600

15%

6%

7

2,500

51

17%

35%

8%

b */4

15%

X6%

7

*35

24

50

Transportation

General Electric

1

128% Jun

Apr-

16%
•17%

1

com

7%

35%

*

93% Aug

15

97

'"V

-2
Inc

2nd preferred

conv

7%

v

45% Aug 19
-

123% Jan.'} 4

44% Jun

(The)

17%

1,400

18%

69%

*5

20

12 Va

12 y4

8%

2,000

v2

24

,

50

xi7 y8

5%

253/4

*23 y2

.

50
90

253/a

•

91

15%

6%

6%
*17

5,000

83 Va

91

51%.

*15

17%

*5

/

6%

7'/a

35% ;

No par

preferred

Baking
preferred

4%

1

40

6%
'17

v,

„_No par

General Cigar Co Inc com

Apr

-

Jun

108

Feb

34

20

3

Jun

128%

Feb

s118% Feb
97

Jun

13% Dec

■

May

Jan

139% Apr

17

41

4

7

Jan

31

23

Jun

43

Mar

87% Nov

,

129

96

31% Mar

■i

,

17 V Jun

Jan

144

6

'55

26%

*82

•

:

,

51

52

63 7

71

X70

72

70

'

8Va

8%

8%

8 Va

*51%

15%

8%

3,000

12%

11%

51%

13%

5

General Bronze Corp
General Cable Corp. com
4%
1st preferred

79% Jan 20

28%

12%

*23

*23

8%
so

*15%

50

$4.25 pfd series A

11% Mar 31

24

12%

25%

25%

25%

25%
24

*23

20
com—

Industries

General

$8

24%

♦90

1

Co

$4.50 preferred

163% Jan 19

24

91%.

_

Amer

24

*90

General American Investors com__l

General

26%

90

1

Gaylord Container Corp

2

25%

26

2,700

12%

91

90

com

(The)

conv

90 Vs

*83

No par

(Robert)

Corp

Wood

4%%

10% Jan

6
14

July 15

9% Feb

Gar

17% Aug 18
107
Jun 17

15

July

97/8Jun

159%

Apr

Garrett

3

91%

12 %

26

82%

84

2,900

12 y8

12

•,

26 »/a

82%

t

12%

26

84

*83

preferred

conv

12 y4

26

84

—100

preferred

6%

12 y4

25%

12%

24%

I2y8

24%
•83

loo

Gamble-Skogmo Inc

12,

700

14%

(The)

Galr Co Inc

10% Jun

~5%
27%

Gabriel Co

133/4

14 Va

11%

'

15

16 Ye

*13%

.

400

22

16

11%

loo

*10

102%

22

16%

13%

'

Dec

2,900

22 y4

16 Va

16 Va

11%

preferred

1,900

28 Vr

*1021/4

102 ya

■

*21%

22

13%

i

6%

*102 -

102»/»

100

11%

277/»

*21 %

210

64

102%

25

2,300

*62

•

27%

•>"

Corp__10

2,200

48

106

27%

par

common

70

477/a
105

11 y4
*

io

4%

64

*62 ya

63%

63%

65%

500

11%

l

Chem

/

•

105%

•105

105

105

105%

105

*63%

66

100

16

'

70
i

'

Froedtert Grain A Malting Co Inc.l
Fruehauf Trailer Co common
1

2

.-.*15%

46%

105

50

100%

1.*14% i 14%

15%

15%

68 Vo

*63%

700

2,800

15 "i

*14%

*15 y.

*

15%

105

400

29

*100

100%

-*99%

100

100

15

47 %

•

„

2,900

4%

283/4

29V4

29

28%

68%

15%
68%
^47

900

2,800

18

4

4ye

4y«

4y»

'4

28%

28%

14%

T

1,700

'

4y8

:"'

*4

4%

28%

•„

■

Freeport Sulphur Co

6%

78% Feb

""

29

•

Franklin Stores Corp
»

16%

Aug It

14%

14%

'

-

10

Corp

Dec

69

4,500

14 y8

14

No par

prior preferred
Francisco Sugar Co

16% Jun

Aug

U

par

6%

68%

84

♦%

.

15%

pfd

Foster-Wheeler

3

11% Jan

12% May
24% Jan

%

38%

15%

preferred

Jan

26% Mar 17

Feb

%

24

24

*38%

—7%

Machinery &

95

25% Feb

10

{k

'-**■

•

Corp

conv

17

35%

Steel

3%%

11

16% May

U

par

Food Fair Stores Inc

19% Feb

Jan

%

99 y2

'
-/

No par

Corp

18

217/a Jun

8% Aug

Power

90% Jan

2

25'/a

Dec

Carpet Co
No
(The) common__No
preferred
No

Florence Stove Co

0

38% May

Dec
Mar

22

24

29

May

14

14%

%

'•

25

(The)

Follansbee

8 7/s Feb

92%

Jan

A',:.v:

100

Florshelni Shoe class A

78

14

14%

%

'

14% Aug 18 *

20% Apr

14 '/a

14%

%

No par

24v«jt»u

Jun

14

14%

4

l

l

com

—

12 /• May 26

Jun

47%
105

82% Nov

16% May 19

15

38

37

<

Rubber

ft

x9% Jun

Jan

12% May

9y, Mar
27

$4

28

13% Jan

21% Jan

,

102% Aug 15

18% May 25

,

24

38

*37

38%

14%

!l00

Fllntlcote Co

3

23%

33%

23% 1

38%

V;r;»17%

a

preferred

17% Jan

36% May
15% Jun

12%

4%%

May

xl04

Dec
Dec

24

38%

23%

•

3

First National Stores

9

31% Jan

Dec

13

Aug

7

96

26

Firestone Tire

11% July 13

20% Aug

42%

37%

24

37%

38%

2

1

300

37%

37%

37%

*37

37%

Shares

23%

Fidelity Phoenix Fire Ins N Y—_lo

21% Jun

Feb

Nor

;

Aug 18

66

*37

false for

tttWwk

9 per share

37

_i

Felt A Tarrant Mfg Co
Ferro Enamel Corp__

107% Mar 17

3

Jan

$ per share

Friday

Aug. 19

Aug. 18

38%-

No par

AV*%) preferred

V"

5

Jun

14%
28 Vs

>

May 16

f per share

23%

-

■

1_5

Federated Dept Stores com

24%

'

STOCK

•CLOSED

1

Federal Motor Truck

July 14

26%

6

t per share

•

■

1

Federal-Mogul Corp

Dec

July

'

EXCHANGE <

1

Federal Mining A Smelting Co

42

.

Aug. 16

$ per thare

20

Liquidating Corp
Fedders-Qulgan Corp

17%

99%

Thursday

9 per share

Tuesday

Aug. 15

No par

Co

FAR

19% Dec

\

Monday

Aug. 13

-

,7

July 21

v

PRICES
Wednesday
Aug. 17

LOW AND HIGH BALE

Fajardo Sugar Co
*
Fslstaff Brewing Corp
Family Finance Corp common

38% Jan <20
.l3: < Aug 17
6% Jan 10

.

17

207/,

'•<

Fairbanks Morse &

7

17

RECORD

Saturday
'

Par

2p y4 May 3
39% Aug >; 5
14 7/8 Aug 10

Oct

28%

16

STOCK

STOCK

s per thare

Jun

*

33 y4

Apr

TOBK

exchange

23% Feb

34

Jun

Not

20

i 35 y* Feb

NEW

High**}

I per thare

9 per share

Not

Range Since Jan. 1

Lowest

f per share

xlfl %

YORK

(701)

CHRONICLE

stocks

Highest

Lowest

FINANCIAL

&

200

13 y4 V,

24,000

11 Va

-

ll3/s

98
,

98 Va

110

17%

17 Vb

3,700

5%
*93

6

:_99

99

*98

99

10%

11

10%

11%

.■nya

11 Va

11

11 y8

7,700

11%

49%

48%

48%

49%

49 Va

*48 %

49%

,49

68%

69%

68%

49
69%

1,000
15,300

183/4

19

18%

18%—

(

No par
23

49 V*

66%

67

66% ,.C7y4

67 %

68 Va

No par

13%

19

18%

19 Y»

19 Va

19%

""

-

3,900

18

Bottle Since Jan. 1

Year 1#4»

Highest

Lowest

$ per

9 per share

# per share

NEW

,

CHRONICLE

Monday
Aug. 15

Aug. 16

f per share

8 per share

SALE

Tuesday

Aug. 15
Par

Monday, August 22, 1949

HIGH

AND

Saturday

S per share

share

FINANCIAL

LOW

STOCK

YORK

EXCHANGE

Highest

Lowest

&

STOCKS

,

Eanp for Prerloos

*

COMMERCIAL

THE

<7021

■

S per

PRICES

Wednesday

Thursday

Aug. 17

share

the Week

Aug. 19
S per

for

gales

Friday

Aug. 18
I per share

t per share

Shares

share

H
*:

31

Jan

4

34% Aug 11

Haclcensack

Water

Sep

16 % Jun

7

20% Aug 19

Halliburton

OH

Jan

3

14% May 19

Hal)

Printing Co

5

11% Jun

27

Hamilton Watch Co com

NOV

22 %

12 %

Dec

ley* May

Dec

xl4% May

12%

12

13

Mar

89

Jan

Feb

107

Jun

104 y2 Apr

4

1

Feb

27 y2

Jun

18% Jun

20

146% July

1501/2

i

20%
t

Dec

8
.

149

Jun

6% Jun

28

Jun

5% Jun

7

Mar

26 Va

Jan

19 y2 Feb

3

Oct

27 %

July

20% Jan

13

25

78

Jan

91

Jun

84

Jan

17

29 %

Dec

42

Jan

30

Jan

3

103

95 y2

Jan

May

98 % Jan

NOV

24%

Nov

23% Jan

Dec

35'%

Oct

34% Jan

6

13%

.

Dec

57%

128%

20%

20%

20%

143%

143%

*142%

30%

Apr

17%

Nov
Oct

9

10

*23
5

5

*61

62

61

—,

3.65%

17 Va

Hercules

Aug 19
19
27

Dec

1

35

14

122

21% Jan 26

14%. Jun

14

21% Jan

7

Heyden

84 »/4 May

6

79 % Jan

3

Aug 19
15

Jan

■r.

12%

\

3% %
Hilton

2

Hinde

12% Jan

3

15

May
May

4

Hires

Jun

16

26

Aug 13

Holland

Dec

13

Aug .15

Hollander

20

16% May
30% Jun

Feb

.18%

July 12

15

,8% Jun

29

16% Jun

20

Dec

34'% Jaft

43% Aug

Jun

X24

Apr 29

Deo

100

Jun

1

Apr

30

30
.

24% Nov
99

24 % Mar 10

Feb

35%

Feb
Nov

Oct

42%

96

15%
25

29%

22% Jan 21.
27% Apr
1

Dec

103

Dec

29%

15% Jun

Dec

V 11

46 Va

3

99

12% Mar 30

34%

Jan

28% Jan

6

81

Oct

94%

Jun

86% Jan

6

38

Mar

42 y2 Jun

20

49

Oct

20%

Feb

38%

Jun

29% Feb

Dec

23

Jun

28

Dec

4% Jun

7

8 % Jun

48% May

14

Jun

12% Jun
31% Jun

35% Aug 18
95% Mar 14 *

7

14

29

47

8%

Sep
Sep

14% May

34%

Jan

50

Nov

12%

Dec

22%

Jun

9

19

Apr

10y«
2

39

4;

Aug 18

8%

Dec

"

Dec

5

17% Sep '

i

8% JaU

5

(Charles
Furnace

14

6

$ per

share

Jun

31% Jun

7

35

Sep

95

Jun

29

96

Jan

4

20

Jun

13

28 % Jan

21

25% Jan

4

y

i

May

51% Jun

~9%

Feb

12%

Jun

Nov

25%

Jun

21% Jan

7%

Nov

15%

Jan

38%

Dec

56

Jun

33% Mar

§8%

Nov

76%

Jun

55

Jun

155

Nov

30

Feb

160

4

Jun

Jun

Jan

34% Mar

47%

15%

21% May
8% May

11% Jun

23% May

12% Apr
86% Jan

Feb

Feb

13

Dec

'

86

Dec

'

103

Dec-

3% May

Feb
,,

Dec

•

156

Nov

Dec

4

>

7

25%

26

42%

28

*18

28%

108

28%

28,%,

98%

11%

34%
45%
36%
15%

11%:

12

35

35
94

45 %

45%:

36%

37

11
14

3

765

x45%

9% July 29
15% Jan 26

11

93 % Apr

20

X145% Jan

.5

Jun

.1

164% Jan

3

10

Int'l

Business

7

Int'l

Harvester

July 26

24

7% Aug 16

24

14

29

73% Jan

17

81% Mar 11

3% Feb
25% Jun

26

5% May

-

Feb

34 %

139% July
64% Jun
99

Dec
.

41% Jun
94

May

107%
45

Jan

5% Jun

Jan

50

Jun

64
■

135% July

July

14

Jan

Oct

Jun

>60

Jan

41

5
13

8
9

20

Jan

5

14

30% Aug

8

18%

Jun

7% Jun

13

16%

Jun

7% Jun

14

14

7% Feb

17

38% Jun

..

8

9

Feb

35

«

Aug
Feb

65% July

17% Mar

Feb

55% Aug 18

61-

Mar

22% Mar

143

100

71

Mar

.

-5 Va Aug 19
31% Jan
7

Aug 18

30

Nov

7

13

X

8

Jun

43

Mar

14

Jan

July 28

7%

2% Jun

13

Jun

11% Jun

14

81

39%

Feb

48

May

44

Jan

24

56

88%

Oct

99

May

95% Jan

17

103

33%

Sep

42 %

Jun

100%

Feb

113"%

Jun

6

29% Jun

30

35

Oct

98

Dec

106

May

102

Feb

145

Jan

158

Jun

155

May 23

15

33 %

32%

33

7,900

54%

*54

54%

54%

54 %

54 %

54%

*53%
8%

par

5% Jan

8

18% Jan

24

91

%' Aug
5
V July 20
Jun

40% Jan

30

7

6%

1
••

•**157%

v;:J

♦

X

—_No par

i

i

■

39%

Oct

21

Jun

14

33% Jan

7

93%

Apr

73

Jun

28

86

30%

Nov

3

43 %

Jun

31% Jun

14

40% Mar 16

Jan

600

3,900

6%

6%

4274

43

63V2

65

64%

*157%

158

*157%

7

*6%
P

Dept

Stores.!

43%

$6

No

<3%

-

Va

1

14%

1 210

66

1,300

*157%

158

158

•

34%

34 Va

.

34%

14%

14%

14%

14%

■

-

9%

9%

9%

400

14%

14%

14%

14%

3,800

90

90:

90

90

1 Va

lVa

1%
10%

10%

*176

176

175

176

26%

26%

177

177

176

*173%

.

26%
177

177

.

1 Va

10%

*172

„

26 Va

178

*177

7 '/a

7%

7%

7%

17 %

7%

26%

26%

>. 26 Vs

26%

26%

26%

27

27%

*27

77 Va

•73

77 Va

77

•75

*74

77%

*73

77 Va

53 %
'

•

.

*99 %

•;

;

-

5%
53

53%
>:

i;

53%
*99 %

102

5%

54%

4%

5

55

*99%

6

*5%

28%

137%

54%
102

5

5

29 Va

*137

137%

53%
*99%

7%

7%

x29

29

*137

54%
102

7%

"

*137

55%

54%

102

*101 %

5%

5%

5%

54%

55%

54

55%

51

54%

54%

55

*5%

52%

56

55

:

5%

100

1%

10%

26%

26 Va

*9

*

1%

10%

175

1,000

9%

10%

25%

2,ioo

14%

1%

175

,y.

90

*89%

91

34%
.

10%

\
...

?;'■

*54

A."

/

*43% -'•'44
46

*

56

%

47

*32 Va

'■

33

*53

%

400

3,200
400

176
26 %

19,700
260

178

7%

840

27%

2.000
100

77

5Va

4 600

29 Va

8,900

137%

40

55 Va

13,000

103

5%

50

1,100

51

*53

.55

31,610

44%

45

44%

45

45%

1,000

47

47

46%

46%

46%

46%

*45

46 %

900

33

32 Va

32 V8

*31%

33

*31%

33

*32 Va

*44%

8%

8 Va

8%

8 Va

8%

8%

8%

8%

*8%

J.

—5

15

i_50c

i;.

15

22%
<

V.

22%

*27%
27

-

*136%

28

27%

138%

14%

8%

8%

8%

8%

8%

8%

8%

8%

15%

.

15 Va

15%

15
-

15 %

*22

22%

22 %

22%

22%

27%

27%

27%

28

28

300

*26%

27%

*26%

27 %

*25%

27 VV

27 %

27%

500

*136%

138 %

133%

*133

138%

141

*133

13%

*12%

13%

*12%

13%

13%

13%

90 %

90 %

*90

90%

£0

90

90

90

56

*55

56 •>;

55 %

55%

*101

102 %

4

No par

*55

.—100

*101

No par

39 Va

100

*107%

56

102 %

39%
109

*54%
'101

102 %

39 %

*107%

109

*107%

37%

37%

37%

37%

105 V*

*105 %

105 Va

*

■

4

*13 Vb

13%

4

170

25

25 Va

79

79%

*79%

33 %

33%

33%

^_100

1

170

*155
25

'

101
39 Va

40

103

109

101
40 Va

*37%
105 %

109 %

37 V2

37%

105%

*105 %

105 %

170

*155

Jones & Laughlin Steel com—No
par

preferred series A

39%

39%

105 %
*155

Manufacturing Co

4 Va

4Va

,

4

4 Va

600

10

•

700
100

"

pfd—100

,—

4

.

141

90%

*

1,700

22 %

22 %

*4 Va

preferred—;

1,100

*27 %

28

89%

Co Inc com

26.700
:

28

*22%

*12%

4%

100

8%

8 %,

15

15

45 %

1

i

200

44

& Chicago RR stamped-,_100

5%

400

43 -v

65 %

*42 %
*

*.___^__No par

.

Joy

42 %

65 %

1%

26

No par

Jersey'Cent Pwr & Lt 4%
3%%

7

*10%

174

176

19 %

*89%

1 Va

25%

9 %

14%

*8%

8%

l

Jaeger Machine Co
Jewel. Tea

*157%

14%

par

common

(F L) Go

64%

34%

14%

14%

10% '

*172%
••

v-

34

14%

No par

preferred

Jacobs

x42 %'

158

34%

14%

-

91

10%

No par

Island Creek Goal

*6%

64%

34

14%

'14%

1

:

25.'

—

Joliet

Feb

\

*89%

25

common

Johnson & Johnson common—12 %
4% 2nd preferred series A
100

83%

8 %

26%

■

No par

*.

38
Aug 12
105% Aug
8

26:

8Va
26%

42%

14 Va

_100

j.

160

Apr

8%
26%

42%

*8%
■

15

Johns Manville
Corp com
3% % preferred—!

29% Mar

8%

26%

7

34

14%

■I

v

1,400

8%

65

X34

No par

Corp

.

26%

*6%

158

54%-

100
•

*8

26

-

•

*

;?'

V-

-J

54%

i

26

8'%

25%

6%

*63%

'

*8

26

42%
'■

5

110% Feb 23
.

8%

25%

.

Jan

6

32%

i—No par

International Telep & Teleg
Foreign share ctfs
International Utilities Corp

21

Jun

33%

Int'l Rys .of Cent Amer com—No par

-Jan

30% Jun

32

137 %

32

101

32%

137 %

14

3

32

93

137%

Jun

Jan

32 Va

31%

f

*91

98

137%

24

May

98

1,070

—100

39% May

10

*94

800

14,500

24 Va

No par

Intertype Corp

23 %

98

33%

24 Va

No par

Interstate

92 %

*9-4

33%

24%

Paper Co com

1

Dec

31

33%

24%

No par

$4 preferred

Feb

Shares

24

Preferred

preferred

the Week

-28

*79%

4%

Aug 10

Dec

27%

80

80

28%

23

18

28

80

4%

29

79%

33%
27%

79 %

28%

3

2

*

33%

26% -•27 %

'26%

*80

4%

Shoe

Feb

33 %

33 %

26%

28%

International Silver

148

26%

4%

7%

for

Sales

Aug. 19
S per share

•'/

-

33%

29%

International

:>00

23 %

—100

preferred

l.uOi)

12

Friday

Aug. 18
t per share

$ per share

4%

5%

12

1,300

1%

1%

12

Thursday

Aug. 17

28%

International

n%

11,100

PRICES

Wednesday

1

17

136% Aug 12

SALE

1%
*11%

3.800
<v

9

23%..

20
L__l,

,

Mining

Jan

May

2

12

Int'l Nickel of Canada com—No
par

24

145

*1%

<

23%

preferred

26% May
35% Jun

18% Feb

9

*9

9%

*94

Int'l Hydro-Electric Sys class A—25
Int'l Minerals & Chemical com
5

57% Jan

Jan 27

9%

9%

v-;'

23%

—100

45 % Aug 19

11% Apr
4'
11% Apr 11
15% Aug
5'

12 V4

11

98

f_100

Salt

13

38%X:XV

12

*23

*No par

common

International

34

38%

12%

*94

-

Machine

International

*10%

38%

12 Va

*78%

preferred

4%

11V4

38%

80

common..^

i

178

3,000

*10%

12

HIGH

-100

1,200:

:

7% "

*78%

CLOSED

S A—

Mex,

Rubber—

Iron

180

Jun

,

Corp

Interlake

7%

-wlOOO

A

series

Intercontinental

38

7%

10,500
'

33

:

3,000
:' h

!

11%

I per share

33

26 V2

EXCHANGE

ser Aj_100

preferred--

7

15%

100

pfd

Insuranshares Ctfs Inc

4%%

38%

'

t

Eleetrica De

Interchemical

38%:

45%

33%

38%.

80

45%

15 V8

2,200

92 %

*14%

"

35%

92%

12%

Tuesday

33

STOCK

—

6%

*35%

v

38%

-

Aug. 16

9 per share

1.900

38%

12

AND

30

11%

34%

12

1%

1%
12

Monday

1 per share

_No par

30*

1%
12

700

210

98%

*10%

V

9 Va

Aug. 15

.

Illinois Power Co common——No 'par
4.70% preferred —
,_50
Illinois Terminal RR Co—5
Industria

11 %

9

■•if-

4%

clfs

8

,

1%

.—100

Jun

<

lines

stock

2VaJan

5% Feb

9Va

M

preferred

38%

3% Mar

Leased
RR

13% Jan

Jun

12

23%
109

11%

35%

15 %

b 7%

300

98%

39

:

500

9,900

28%

45%

7%

13 Va

25%

42%

*34

38

38

7%

600

42%

V

45%

15%

7%

18%

35

93

500

1,600

12%

*103

45%

37%

39

11%

Saturday
Aug. 13

Inland Steel Co

Aug
28% Jan

38%

12

Par

conv

29

22%

*10%

12%

9

V

Inspiration Consol Copper

8

93

24% Mar

non-cum

9% Jun

■

=

18% Jan

3

11%

39%

12

"•

35 Va
*92

300

23

25%
*

98%

37%;

37

37

39%
;•

LOW

STOCK

Apr 25
41% Jan
8

v

37

7%

—6.66%

Industrial Rayon
Ingersoll-Rand common

67 .' Jan

37%

93

15%

*10%

;12.50

—

*15%

353/8

93

7,500

14%

*12 Va

29%

12

12

*33%

10

13%

*14

109

*97%

35

35 %

■.

*108

12

*33%

35

.

*93

_

*28%

109%

7%

& Sm Ltd—No par

28%

109 %

*97%

2, .00

84

9%

25%

100

i,00

17%

13%

42%-

98

*33

93

7%

25 %

42%

109

11%

*37

5

25%

2,603

15%

25

42%

41%

108

35

15 Va

*25

*97

>

97%

36 %
*

——_1

43% Aug 17

Feb

Feb

14%

25%

45%

—25

c

Indianapolis Power & Light—No

Deo

20%

14

18

34%

Co—20

8

Jun

9y8

3

„

7

23%

Dec

14%

*.2

93

No par

t

v

26% Aug 18
8% Jan 10

71

4%

*14

*25

11%

preferred———100

Jun

Jun

174%

Jan

1

16% May

x34%

*■'

10 V8 Jan

4

May 31

8

Jan

15
■ -

,

33% Aug 17
54% Aug
8

28

7% Jun

20%

Jan

13%

17%

*33

Illinois Central RR Co common-100

97% May

137%

*13

C

35

*83

13%

42%

28

—No par

i

6%

84

*83

;.v: 9% ■M 9%

9%

*12%

25%

97%

—

YORK

Power

84

:

x9%

13%

17%

107 %

Idaho

37% July

Nov

*83

10

42

—No par

7

30

29

84

9%
*12%

25%

_—No par

Jan

Jan

Nov

*83

9%
13

2,900
2,700

119%

17%

::;T8%*

8 per share

■

Aug

8%

84

9%

EXCHANGE

V

26 %

8%

*83

l

NEW

Highest

;.

24%

Nov

17%

STOCKS

Range Since Jan. 1

•j 'Lowest

7

39 %

17%

*18 Va

Corp

7

Dec

17%

Hussman Refrigerator Co^___No par

Jan

5%

17%

18%:*

Hupp

30% Jan

62%

17%

*.-10
30
—12.50

7

.

34 %

*15

12%

Foods

84 J

65

17%

*12%

Hunt

13

86

17%

13

17 Va

128

118%

15%

Manhattan common—100

w

33%

15%

2.000

49%

49

113%v

15%

12%

6

Jan

118%

15%

12%

2% Jan

10 y4 Jun

32%

119%-

15%

12%

Corp

Inc

150

•

12%

11% Jan

'7;^

1.500

*126

13

Texas

non-cum

10

29 Va

40%

16%

49

12

Howe Sound Co

5%

32%

*118%

100%

*40%

128

15

preferred „————_100

&

48%
*126

25

Houston Light & Power

Hudson

15%

:%:

24%

28

24

42% Mar

32 Va

33%
119

36 %

29

24%

Hudson Bay Min

Jun

Jan

118 %

101

xl7%

com—--No par
preferred--:
—-50

Oil of

*32%

40%;'
16%

16

400

94 %

36%

29

40%

15

Houdaille-Hershey

Stores

33%

29

40%

16

*100

29

47% *'48
^126
128

128

*93

100%

101

:

24

Household Finance com

Houston

16 %

47%

36%.

24%

$4.50 2nd pfd ser A
$4.25 preferred

Howard

15%
47 %

*126

118%

15

Hooker Electrochemical Co. com—_5

3% "to

40

15%

32%

(A) •& Sons—.————5

conv

2.9

40%

*36

24%

Sugar Corp
conv preferred
Mining—-

$2.25

*110

29

47%
128

*118

i

101

29
*40

94%

5

Co—

Hudson Motor Car-——

22% Feb

135

15%
47

X"

*100

29

40%

*126

—

Homestake

5%

101

*93

37%

*35%

25

14%

7

73

5%

37%

21%

25

14%

7

July

Feb

*35%

21%

25

14%

3,

90

Oct

37%

22

25

94%

r

21%

24%

24%

*13%

14 Va Jan

42% July

26%

*93

Ej———1

11% Mar
47% Jan

.

35%

Feb

125%

94 %

28%

.

22 %

25

*93

*39%

100
5
10

—

22

22%

*24%

*100

-

—1

Co

22

24%

94%

*35%

100

A

7

27% Mar

160

24%
*93

—5

ser

22%

22%

,

^-25

Inc

1% May 23

Jun

-

15% July 27
46% Jan 20

62%

11%

'.

——*

26

$ per share

Apr j

1%

1,600

—5
—15

—No par

1

■6%

3.JD0

8% Feb

Highest

,

I per share

150

1,10 )

Feb

Year 1948

Lowest

95

7%

6%

33 % Jun

May

14%

Range for Previous

30%

7%

6Va

Va

'

Jan

3%

3

34% Aug 10

Nov

33

13

May

13

Feb

27

•s

Jan

109% Aug 17

11

9 % Jun

30

Jan

29

4

100

7%
6%

Hotels Corp
Dauch Paper

Holly

62

7%
6 Va

&

Co

*61

7%
6%

*

preferred

10

300

6 V8

Chemical Corp.—

16

8% May 20

Jan

25% Jan
29% May

Dec

21%

14%

400

5Va

7%

preferred

Hewitt-Robins

<

*

23%

7%

———100
Hershey Chocolate com—
No par
$4 conv preference—
No par

14

26% Mar

62

10

145

23%
5 Va

•

6%

Motors

14% Jun

*61

20
30
700

7%

'

preferred

113 Vz Jun

'

5 %

-300

-

,..v.

20%

*142%

23%

v

76 Va

20%

145

•12%
107

6

Hercules Powder common—No par
5%

20%

5%

62

•

*75

*105%

7%

common——10

W)

*61

1.800

*12

liVb

107

23%

X

5%

13%

6%

Co—

preferred

11% Jun

•

Glass

non-cum

61

*142%

•

22%

12 Va'
75

20 %

145

*5

<-

75

*105%

20%

22%

5 %

;

•

7,500

13%

•

20%

7%

common

(G

7%

23

*12

-

;

'•

35%

20

6 Va

preferred.--'
-100
(H J) Co common———25

Helme

23

12%

75%
107

*34 Va

•

—1

3% %
Heinz

23%

12%
*74

35%

X———,1—2

Hayes Industries Inc—
Hazel-Atlas

127 y2 Jan

&

Hayes Mfg Corp
Hecht Co

1

12%
75%

*5

28% May
86% Jun

Nov

78

*100

1

Mar 30

145

*143%

r

Marx——

Schaffner

123% July
27% Jan

Oct
Mar

17.

i.

preferred

Corp of America commorf—1
4%% preferred
—100

9

49 % Aug

1
15

40

Feb

25%

Jun

122% Feb

Apr

Dec

; 114
:

20%

29% July 21
40% July 28

4

13 Va Jan

22 % May

Dec

41%
120%

-

20%

Aug

100% Mar

4

34 Va

t

*105-%

■

-

13%

106%

y2 Aug

36

14

22%

V-

24 y4

7

13%

*12

93% July 13

9% Jan

13 %

105%

6%

8% Mar 14

11%

20

*74

Hart

11%

19%

12

<M A)

Hat

Feb

*34%

19%

75%

4

67% Mar 21

5-

Jan

12

13%

-

35%

19%
13%

19%

13%

.

*34%

35%

19

106%

14

Feb

20%

13%

CLOSED

*34%

*72%

19

6%
x20

18%

,

*105%

preferred

conv

Hanna

Feb

6%
>

35%

18%
13%

EXCHANGE:

Cementing—5

__10Q

A%
i

2,4 y2 Jan
5% Jan

20

61

Jan

4

(W Ft

WeH

Co §4.25 pfd__No par
Harbison-Walk Refre'c com—No par

6

Aug

23% Jan 13

3

4% Jan

J&tt

107 y4

May 12

20% Jan

Jun

79

Dec

59

142

Jan

34 % May

Dec

4%

•

Mar 29

81

72 y2 July 26

79

21 Va

*34%

No par

15%

Xl01%

•

STOCK

25

OCt

35%

Feb

31
■

*155

170

38

25 %

25%
79%

33%

100

*101

102 %

100

40

40%

1.872

109 %

202

109%
38

'105%
155

25%

30

79%

33%

33%

26

80

•79%:

33%

120*

55%

25^4

25%

80

*54%

34 Va

34

38

105%

800

10

170
26

5.000

79%

370

.34 %

2.100

9%

1.800

K
11 %
X89

Dec
Nov

98%

Dec

23%

21

May

30

May

98

8% Jun
94% Jan

12

101

Aug

11

104

July 21

101%

Feb

48%

Oct

60%

100% Feb

Jun

13%

Dec

18

Feb

26 %

Dec

22% July

52

For

footnotes

•**

Jan

24
3

14% July 25
10% Jun
1
17% Jun 23

July

15%

X34 % Feb

May

30%

8

Kalamazoo Stbve & Furnlture.l
Kansas

Dec

48% Mar

12% Jan

Xl3% Jun

page




13

5

3.80%
4%

12

Kansas

57

23

4%

Jun

16% Aug 18
14% Jan
7

21% Jan

8

17% Jan

7

preferred

cum

43% Apr

1

9%

9%

9%

9%

9 Va

9%

9%

9%

*9%

100%

100 Va

*100%

102

104%

*104

104%

150

41%

5,300

100

Kansas

Power

Kayser

(Julius)

&

B

1;

Co

*100V8

101

103

103 Va

*103%

104

104

104

40%

39%

40

40

41

40%

41 %

40%

56

'55%

conv

39%

*100%

100

*56%

57

56

56

56

com_8.75

15Va

15%

15%

15%

15

—5

12%

12%

12

12%

12

Co

Kelsey Hayes Wheel

101

com__No par

preferred

& Light

101

,100

preferred—.

City Southern

non-cum

Class

10

City Power & Lt Co—

class

A_1
l

20

16%

20

16%

*20

*15%

20%
16%

%

20

*15%

101

v

*104

40

56%

56 %

56%

700

15%

15 34

16%

15%

16 Va

16,500

12%

12 Va

12 Va

11%

11%

2.600

20

20%

20 Va

20%

20%

1,100

16

16 %

16%

16%,

16%

700

YORK

NEW
.VSTOCKS

Range (or Prs visas
Year 1V48

Lowest

h«.

;

Nt

:

Highest

,

$ per

t per share

share

r

Range Since Jan. 1;

Lowest

?,! ,tw$ per share

NEW

Highest

.

56% Jan vl2

Feb

60%

Oct

40

Jun

6

40 y«

Not

51

Apr

Z39

Jun

20

/46% Jan

7

127/a

Dec

11% Feb

25

13% Jan

,7

19*.'.

Feb

92

Oct

11%

Feb

42 %

16%

,

-\May
104% July
24

14%

Mar

63
29 Va

75

Dec
-

45%

Feb

,

4%

95 Vi

•49

»•

Oct

100

14

.,14% July 26

*

-'.48% Feb
43

Jan

<43
*

Feb

4% Mar

Dec

.

8%,

*

90% Jan
6% Jun

20

33V* Jun

13

3% Jun

*

19% Mar
5%

Jan

Feb

56

■8%

Dec

12

16%

Feb

43Va

Dec

26% Jun
56 y2 Jun

,8

NOT

10%

31% Mar

•

,38%

82

Mar

157

Oct

33

.Nov

8%

98

11% Jan
41

,

10

Aug 18

-

5% Jan

7

4% Aug 10
3

Jan

.

8

,

*24 % Jan

12

8% Jan 12

15

;50% Aug 18

..8% Feb 21

11% May 16

20 % Feb

14

6% Jun

14

Jan

34Vs Jun

*24% Aug 18

25

14

54% Aug
>

8

8% Mar 30

13

•37% July 27
*88% Jan 22

Feb

14

180

Jun

15

41

•x6% Jun

13

10% Jan!
7
66% Jan'JO

72% Apr

Jan

170 i
-

33

*52% Jun .17

70% May

Jun

Aug 15
Apr * 8

•24% Aug 18

14
14

17

Jan

7

65% Jun

14

78

Jan

27

Jan

24%

Jun

16% Feb

'

Dec

20% May

Feb

68%

Nov

307/e July

Feb

21%

14% Jan

Jun

138

Nov

158

23

Nov

25

15% Jun

Dec

50

20

Feb

-.35% May

Jan

4

153

Jan

20

23% Aug

28

23% Jan

May

Jun

68% Aug 18

8

23

6

:

MVs Jan I 3

Nov

37

3

x60 •<: Jun * 8

■

Sep

22% Apr ' 5
18% Aug >

5

Lambert
Lane

48%

48%

48%

48%

48%

11,700

42%

42%

42%

49%
42%

47%
42I/2

42V2

1,500

12%

12%

12%

.42%;
12%

12

12% >12%

12'/a

12%

1,300

21%

21%

21%

21%.

21%

21%

221/4

7,000

LNo par*

STOCK

12%
I, 21%
,

EXCHANGE

96

96

•

*96

«;

>4% %

14

*13%
*70

„10

29

29

29

91%

91%

91%

91%a

; 29 : *29%
:*91%' 92

_!

41%

42%

,f

__100

'i

*13%

!

71

'

29

.

3%

lNo par

21%

21%

*21%

21%

.No par

*10%

10%

10%

,10%

*10%

45%

(*44%

Aug 11

163.

Valley

* Additional

f

'

Lehigh Valley

Corp

98% July

95 /■ Jan

14

98% May

15

Jun

13

21% Mar 30

4

(The)

-

Savers

*7 7<?

Link

Belt

Lion

Corp
Co_____Z—

Oil

>

■

180

8%

L

No par

*58

Co

(P).

58%

23%

14

100

*68%

_1

18%

17%*

20%

23%

200

24%

f

24%

24%

«

24%

243/4

2,300

54%

54%

541/4

54%

3,600

,

>
-

23%

17%

23%
*162

164 i,

34%
24%>

*96%

97% :

164

34%

#24%

,

17%
68%

17%

.67%

68%

20%

20'/a

20%

1,600

23%

ft

23%

23%

23%

4,300

164

*162

v:

30

..

■r',
>

24%

30

30%

'•

35

24%

*

^

Lukens

Steel

'

f

Lowest

NEW

Range Since Jan. 1

:

Highest

Lowest

Highest

/

1,500
•

97%

*96%

97%

*96%

971/2

19%

19%

183%

193/4

*96%,

*

-

Tuesday

Monday

Saturday
Aug. 13

•

Far

$ per share

f petshare

$ per share

2,600

251/4

10

1,000

LOW AND HIGH BALI PRICES

YORK STOCK

EXCHANGE

$ per share

J per ihart

-

,per

,

Friday

Sales for

/ Aug. 19

Abe Week

Thursday
Aug. J8

Aug. 17

V

t per share

/'

Wednesday

••

Aug. 16

Aug. 15
-

£ per share

19

900

35
'

18% / 19%

97%:

18%

19%

10

STOCKS

Range for Freviona
Year 194H

Co

3,300

30

251/4
'

'

Jan

;

34%

25%

12,000

164

*162

J

.

34%

34%

v

•200

5,200

1173/4

17%
;

*29% !i 30

29%

24 %

97 V2

23%

,

1,200

'7.18% 4.19

68

20%

23%

17;800

13%"
•67%

20%

67%

23%

19

.

177/b

671/4

20%

17% v*'

34%

.

19%

24%

13%
67%

4,500
1,500

60

24'/4

X

300

834

59%

>;

68%
19%

U10

41

8%

.14

;

■?67

1,400

3,000

179

*40

■1.

24%

14

20% '

29%

r

24%

!

14

68%

,67;%/

24 y.

30

24%
■

18%

34%

& Sons Inc com..1
series :A
•
inn

;V.i 59%

8%
59%

68 % \

24%

(M)

40%

5,700
'

86%

179

8%

i

37

361/2

r:'. 86

'ft 182

-

40%

.

"162

164.

*180

;

4,800

7 5/8

7%

/
f.

86%

8%

■

13 %

•66

40%

.

59%

;t

7%

.36%

■

>

59V2

>40%

*34%

297/b

.182

7%

36%

i
:

85%

}>\t 8

•

*

7%

37

5'/a

o %:

a

54%

'.

20%

>,17%

23%

.

101/4

67

17%

.____.100
Gas & Elec Co (Ky) No par
&
Nashville...
50

*9%

,18%

67%

*162

503/4

v

,

.

is y2

600

53/4

50 Ve

10%

5%

85%

■*

69%

19

20 %

10

.

14

13%

1

5%

50

,,59 %>

*68%

>800

49%

233,i .,24
•!>-,

400

2,400

17%

17%

!

3,600

2

f9%

*180

?1

43/e

>>7 2

17%

17%

4%

43/8

.

J

8

4 3/8

2

3,000
2,220

10.%

!>36%

.40%'/
:

/

2

ft

20

8%

49%

>53%
7%

182

>

58%

69%

66^

common

>

7%/

■

24

14

No par

preferred

pfd

*40

40%

No par

Lumber

•160

,180

8

7% 'A
••86

<

•

24%

36%

85%

86%

Corp./
No par
(Md) A__Nopar

Cement

Bell

4% %

85%

■*f

200

41

--.40 3/4

4%
4%

4%

>

17%

5%

;

24%

36%

8%

400

95%

/

*9%

;
i.

'.54% >

7%

7%.
36%

r

*40

Inc

Star

Long

Lousville

/ 7%

»36%

Z—-No par.

Lone

7 %

•

>

__5

Co.

Lorillard

par

2

-

8

41

4%

4%
.

*04

-

19
'

,

1,200

40%

19

,49%

5% '
49% ?«

53%

8%

233/4

23%

94"

4* 94

4%

2

*17%

t

,10%

<24%

.No par

Lockheed Aircraft Corp
•Loew's

24%
54%

»

-t't

17%

*9%

24 %

...

Liquid Carbonic Corp com
3 %%
conv
preferred

2

49%
>

54

7

393/4

»

.19

40%

*4

4%
:

*5%

5%

io ;■>

>

40%

23%

8%

4%

4%

/
-

17%

17%

49%

100

Lily Tulip Cup Corp...
Lima-Hamilton

2

io

45%

.*

40%

8

40%

40%

*4
*4

.2.

5%

*44i/2

*

>95

;'*94

8%

40%

par

25

com.

_1___

preferred

*

5

Liggett & Myers Tobacco

8

49

45%
23%

*44%

-45%

*39%

"

17%

200

*18%

4%
:

10%

<19

4%

2

IO1/2

f*J8%

8

4%

800

ill

19
•

400

'*10%

11

2*%

if

23,000

3%
211/2

40

95

73/8

*3%
21%

40

-

1,000

1,200

22

23%

*94 •:

58

3%

3%

21%

21%

160

54%

73/8

7%

•

200

*21%

'

3%

23%

40%

*4

]

Z

Corp

.

94% >

8

5

—

Stores Corp..
.No
Libbey Owens Ford Gflassi—No
Libby
McNeill
&
Libby
Life

ft

3%

40

24

39%

—1

Lerner

Lowenstein

24 Va

Coal com——

Lehn & Fink Products

25%'Aug 18

Dec

100

*93%

issued—

when

7%

*18%

18%

1st preferred.iNo par
non-cum 2nd
pfd
No par

14

Nov

18%

non-cum

Louisville

17

__3

;

*38%

23%

38%

No par

RR___;

'

-

4

38%

Cement

com

*44%

45%

*23%

10

30% Aug 18
41% Jan 11

91

*44%

1

5

25

31% May 31
20% Jun

j.—50

—Z__

Tirer_li__,_

Portland

*500

-rt 7%

7% :

Lehigh

Lehman

7%

7%'

Lehigh Coal & Navigation Co

$3

54%

3%

(James) & Sons Co com^
3.85% cumulative preferred

Lehigh

54%

3%

Lees

..

*57%

J 54%

7%

Co

5,auu

X4i%

58%

54%

3%

&

42%

92

*92

54%

7%

preferred

1,400

93 ;
42%

Ligh£ Co
4
6%.pfd—75"Pesos Mex
common

29%
93

29%

58

54%

—

29%

42%

*

.

54%

50

29%

:

58 V*

54-je

;'54%

14%
71'A

42%'

42 %••

58%

58

*131/2
*70

*57%

41%

>58'

14
70%

/

.

41%

*130

100

100

14

71%

69

100

70%

14

71

14

.No par

(The)

Rubber

*97%

14

CLOSED

.

21%

i

98

69

1*

58%

Lane-Wells
Lee

%

22%

96%

96Va '

\

10

Bryant

Shares

47%
42%

Co

Co

-

tli* Week

share

42%

._100

(S H) .& Co__

Consolid

Bales for

S per

49%

No par
—No par

(S S)

Friday
Aug. 19

Aug. 18
t per share

$ per share

No par

com

Kroger Co (The)

May 24

;

-13% Jun

13%
14 Vs

18

?

15

19

•

>22% Jan / 6"

Jun

.

,'"*

share

42%

common

preferred

•

Kress

19

Mar 21

85

-

4%

Kresge

May 18

Dec

68%

57%

46

26% Jan
>43

13

7

May
13% Jun

>

11% Jan .26

Jan

Deo

x!8

6

23%

15%

>

22% May

Jun

>44% Jan

47

p

Laclede ; Gas

Jan

4% Jun

174% Mar

Nov

$ per

47%

CO; common.

Inc

La

3

Apr

*91

55% Mar

-

26

x41% Jun

May
May

Koppers Co

21

4

Jun/"'

*15

10% May

41%

Corp

fG R)

17

' 3

Aug

..'1%

26%, July

.

Aug. 17

Aug. 16

8 per share

share

per

Thursday

Tuesday
•

5

$5 prior preferred

6

13

Jun

4%. July

;

Kinney

7% Aug

-

7

?9

3 %

1%' Jan

Aug.-15

lNo par

2nd preferred

conv

8

14
> 4

16 % Jun

13% May
39

Jan

19% Jun

37/ Jan

Jun

4%

?

X55% Aug

14

99

Kimberly-Clark

-2

5

9% Jun

"

Par

.

County Land Co
Keystone Steel & Wire Co

59% Aug

,

4

53% May

30% Mar

■

Jan

?42% Aug 17

10

*17% Jan

'

■;t

3

3% Jun

26% May

' Dec.

10

98

14

4% Jan

"'47'*" May

Dec

v'v

■

Monday

Aug. 13

•

"

4

Apr

,29 V* May
..

♦

Kern

Aug: 16

t) 31% Jan : 7

90% Aug 11
X35 % Feb 16

*

>90

20

*

Mar

?1%

71

Mar 18

62

25% Jun

<

Mar

24

25% Aug
35

f

•>

HIGH SALE PRICE*
Wednesday

LOW AND

Saturday

\

/

,

RECORD

,

STOCK

Kennecott Copper

5

14

14% May

Dec

42

6% May

May

Jun

10% Jun

„

Oct

12

i

*•

STOCK

19

(703)'

1

Jun

'9% Mar

'

90

July

Dec

17

„>

,.22% Jan/11

17% jun: 15

July

i 58 %

Feb

4%

-

*

Jan

i

:39%

v

Feb

40% NOT

,

Jun

37% Oct

.

Not

89
32

Oct

.*'.*

■•*■>< per share

YORK

.

»EXCHANGE

/>

V

■

&:FINANCIAL CHRONICLE

COMMERCIAL

THE

■Volume 170 " Number 4831

.

I per share

f per share

share

Shares

M
9% Jun
*35%
129

Dec
Oct

13%

Feb

142

Dec

27%

30% Mar

31 % Apr

Jan

40

30

131

.

27% Jun

39% May

36% Jan

"8% July 27

xl6%
9%

21

Dec

525

Apr

6%

10%

Nov

7

Dec

15%

Feb

Dec

20

13

24

7

Jan

19% Jan

24

Jun

v

430

Jan

500

Jan

Mar 25

8% Jan

13%

Jun
Jan

15% Jun

14

18

6% Feb

10

10% Apr

17% Jun

13

X22% Aug

% Jan

13

25% May
." j- 8

May

6

6
10

Mar

12
7

8

103%

Jun

95% Jan

5

Nov

22%

Apr

7% Jun

14

No par

*

Oil

Marathon

Corp

prior

6.25
—5
pfd_i._100

com

& Co

Field

12

Apr

12

Dec

19%

Jan

10% Feb

11

13% Jan

7

47%

Feb

13

57% Jan

n

Dec

69% July
27% May

39% Jun

18

11% Jun

13

19% Jan

7

Master

2

Mathieson

11%

27%

Feb

X165

Nov

>45

,

Oct
Jan

170

Feb

15

47% Apr

38

Jun

1

176

35% Mar
84% Mar

93

Jun

84

Feb

93

Jun

89

77%

Aug

85

Jan

80

8%

Dec

12% May
43% Jan

33

Dec

110

Apr

42

34% July 12

112

Jan

Jan

89

30

?4

96

9

85% Aug

16

9% Aug 19

38% Aug 16

May 25
Jan

5

Jan

29% Jun

14

23% Mar

31
May
52% May

Dec

Dec
Jan

35% May
98% Jun

Feb

24%

Jun

15%

Dec

24%

Jan

15

Dec

23% May

80% Mar
Dec

20%

96%

Dec

Jun

24

Feb

39 V* Aug

19% Feb
xl3

Jun

28% Jun
20% Jan

3

Jan

24% Aug

12.

16

Dec

19% May

7% Jun

14

13% Jan

47

Dec

62 % May

34% Jun

30

49

12%

Jan

18 %

12V* Jun

14

15% July 25

11%

*8%

Nov

*

Jun

50% May

Jan

8% Jan

,7% Mar 21

8

22
20

7%

7%

73/4

16%

*16

8%

8

7%

7%

*17

17

23%

23%

102

9

100
ft;

9

9

17

17

*16%

173/4

200

9

8%

83/4

7,000

21%

213/4

i,700

7%

5,600

22

12%

12%

473/4

473/4

133/4

38%

38%

38%

38%

39%

179

176%

44%

45%

94%

94%

-i

*177

44%

45

*94%

•96

95%

101%

*48
-

<96

96

1,200
400

48%

47%

.•*13%
39%
*177

180

Stores Corp com
preferred

conv

McGraw Electric

$4

N<Tpar
Mines—^—..B
No par

•_

Norris

2nd

pfd

Shoe

Mengel

Co

5%
Mexch

13%

13%
13

(The)

1
5fc

common

preferred
Co

Transp

3%

Inc

Co

.No par

553/4

13 %

13 J/2

13

•88%

33

33%

84

32%

23%

24

23%

9

8%

323/4

•

*23%

24 %

'

8%

8%

•>0 6%
*37

*38

39

14%

./"> 14%

143/4

14%

8'/4

*8%

8%

8%

34%

*14%

34%

34%

343/8

1,100

1,700
300

57%

1,900

23%

•

56%

57
•'

36%

•

363/4

v

*95

21%

21%

*13%

13%

13%

*32%
8%
*38
15

600

%

1,700

33 %

600

23%

23%

5.700

8%

93/4

2,300

*38
"

;

39

*14'%

15%

1

8%

341/4

500

14

13 ye
88

•*32%
.

-39

15%

1,100

13%

9

*8%

1,700

21%

86

23%

8%

36%
99

'

33%

14%.

100

98

'

13%
86

39

Vs.

*96%

98%

23"%

-32%-

8

33

31 %

*83%

"

*8%

400

31%

13%

>

'

39 //::

*37

10

22%

31%

30 %

'203/4

84

*33

113%

39 %

1

*84

400

39

36%

13%

13

1,400

39

*95

20%

84

95/8

98

•56

36 %
99

13

13
84

50

87

41

33

*

55%

20%

33

96%

<383/4

38%'

36
*95

22%

70

323/4

31%

99

22

2,500

*9b%

*30%

>20%

*13%

13

Stores

Min

&

*95

99

Co...—:.—10
No par
..100
i 1st.series)
50
1

38

*112

112

22

98

30%

36

20%

Mfg

32%

112

20

180

453/4

*381/2

41

*38%

553/4

55%

.36%

20%

Corp

1st

conv

Mercantile

,55%

36%

'

*95

•323/4

*96%

31%

55

•

20 5 8

Corp common
414% pfd (1st series)..
4%

33

31%

31%

1

Co

McLellan-Stores

22%

38

*31

ft

113

*21%

37

38

36%

*11IV2

22%

33

*96%

41

98

*21%

33
<98

9%

*38%

112%

*111%

22%

22
33
98

Publishing

preferred

112%

1

Co

Robbins Inc com—18

Melville

*111%

38

700

6,700

40

96

93/8

9%

9%

9%

9%

38%

9%

9%
37%

No par
i
1
1C0

Corp

3 % %

9%
37%

1,300

13%

45%

"96

*85

*

48

96

46

44%

44%

40

8%

40

*177

180

1,600

23%
101

12%

13%

-

v.

39 %

-

250

17

*8%

123/4

>13%

500

8

*12%

9

8%

*13%

179

231/2

*100%

12%

13-%

123/4

*16%

23%

233/B

9%

47%

7%

.

17%

*100

100

223/8
-7%

V17

23%

13%

*123/8

;

7%

7%
17 %

47

12%

45

8%

22

13%

'

10

2,400

*7%

8%

47%

12%

176%

23%

100 '

100

9

*100

7%

7%

17

23%

23%

100
5

7%

17%

*17

8%
•22

21%

*21%

21%

*21%
>

*16%
,i

5,100

8 3/4

8

•

*95%

Mead

34

13

Jun

25

*7%

8%

9%

83/4

87

McQuay

88% Aug 19

70% May 25

,46% May

73/4

17

•

460

8%

96%

17% Mar 11
15

834

8

8%

17

8%

16%

>

*440

■••'•'.:

100

1,200
1,000

8

8%

7%

'/■•'

•

*95'/2

17% Jan

16

■

460

*85

&

22% Mar 30

11

12% July 14

:

8%

Corp—No par

Porcupine

July 20

:

'■'

9

8%;.
!

96%

McGraw-Hill

100

>>■;

8%

i

87

McKesson

3

*440?'

*85

Mclntyre

8

83/4

8%
460

*95%

19

Aug

:

*440

440

•

8 5/a

12%

12

85%

21

37

8%

8%

440

40

135

8%

83/4
12%

963/4

Apr

3

/4

8%
*12%

8%

>•'•■.<
ft.

450

*430

...

57% Aug

34

24

41% Jan
30% Jan
92% May

19

83/4

12%

8%

9%

8%

8%
12%

85%

McCrory

*42%

12%

12 %'

yi t.

99%

8%
12%

*95%

McCall

Nov

99%

*97%

99%";;

8%

87

17

29

*97%

*97%

98%
12%

9

97

10

Aug 12

(3,000

*95

Jan

25

32%

*84%

33% Feb

4

323/8

98%

.

V

cum

98

Jan

33

$3.40

19% Mar 22

Jun

32

,

$3.75 cum

90

101%

18,300

99%

,38%

No par
pfd 1947 series__No par
pfd—
—No par
Maytag Co common.
No par
$3
preferred
No par
$6 1st cum preference
No par

113/4

11%

13%

common

$3.75 preferred

30% Mar 23

Jan

Stores

11%

11%

31%

47%

preferred
Dept

36% May

Feb

31%

Mar 31-

112

7%

May

11%

IO3/,

1

Chemical

*33V2
*133%

31%

*8%

100

34%

34%

133%

107/8

('/ft-f

300

10 5/8

10%

103/4

10%

,

*33%

31%

No par
No par

Co

-

133%

10%

*8%

Corp

Electric

34%:

133%

31

—1

Co

Martin-Parry Corp
Masonite

41% Jan

Dec

18%

17

97 >, Aug

23

88

87

Aug

11

Feb

21

29%

16
12

Jan
-

25

41

Aug

46 > Aug

179

.7% Jun 27
110

Feb

L)

(Glenn

Martin

'■

1..100

preferred

4%%

'

ft

10 3/4

No par

Corp

6%

Ry

■

<

10%

34%
*132%

107/e

'

5 >

...

St

ft

ft

34%
133%

31%

10%

1

Exploration—

Midland

Marshall

.

Shirt

Manhattan

Maracaibo

Market

14

Dec

9%

Bros

Co

Marine

20

103% Feb

92%

Sugar

Mandel

10
—1
50
1

—

RR Co

Jan

8

29

Manati

..ft

V

•>■

*31

' ,;>..'

ICO

(The)

Co
Coal

May 14

8

24% Aug

Dec

Copper

Magma

Magnavox

17%

22%

No par

<10%

*333/4

*132%

*10%

.

34%

133%

*98%

v/ft ft-:.

y

No par

Garden

Square

Mahoning

19% Apr

Feb

Macy (R H) Co Inc com
414% pfd series A
Madison

*3

29

CLOSED

100
...5

*33%
*132%

EXCHANGE

10

10%

*10%

STOCK

ft

Co
com

Inc

Trucks

12

16% Mar 18

15

17% Sep
29% May

6
22

,8% Aug 17

26

18% Mar

6%

Sep

5

23

Jun

6% Feb

.

13

I 14% Jun

Dec

5%

10% Jun

24% May

Feb
Feb
Dec

■

Forbes

&

preferred

Mack

33% Jan

95% Jan

Apr

490

10

100% Apr

Jun

15%

MacAndrews

6%

6

103%

Nov

3

26

22

Dec

10

M

Apr

138

14

94%

& M Wood .Working

9

15% Jan

10

Jan

9% Jun

Jun

14 % Mar

6

1,200

*8% V'8%

34%

>

100

34%

3,600

t

27

Jan

34%

preferred
No par
2nd preferred.*—No par
Merritt-Chapman &. Scott
No par

*111%

23% Jan 20
38% Jan

Apr 28

90

__50c

Mesta

34% Aug

17%

Nov

Feb

95%

Jun

27%

Jun

44%

Jun

35%

Dec

92

Nov

104% May

Nov

106%

101%
13

Feb

38%

Feb

Dec

19% May
69% May

3

97

105% May 25

85%

113

18

July 27

30% Jun

:

20

97% Jan '< 3

11

Nov

9% Mar

140

Jun

7

Mra-Continent

May

4

Midland

139% Mar

3

8%

23

10% Aug

10

Nov

98
78

Oct

10% Mar

>

25

12

15

43% Feb

12% Jan

2

7% Jun

Apr

54% Mar
98 %

124% July 14

12

Jan

55% Aug

18

May

87

96% Aug

19

May

-

66 % Jun

10

80

19

106

Mar

7

Jun

104

Jan

■4

18% July

10

% Jun

13

105%

Aug
:

May 12

14% Jan
Feb

15
25

67 % Jun

r <»»

footnote*

«-

.tv




15

80

16% Jun

16

19% July 11

Steel

com

*111

112%

111%

112%

112%

18%

18%

*18

18%

18%

18%

.18%

18%

1,300

35

35

*35

35%

,400

>■' 35%

35%

35%

*100%

1003/4

lOOVz

100%

109%

109%

.*109%

110%

109%

5

*11%

12%

11%

12

121/8

11%

10

41%

41%

41%

41%

16

16%

16

16% 1

No par

5

new

*21%
*127

_10O
No par

Minn St

No par

3 %

*127

8%

Minn-Honeywell Regul com
3
3.20% conv pfd series A
100
Minn Min & Mfg common
No par
$4 preferred
—No par

52%

53%

&

SS

Marie

1
1st preferred
..100
2nd conv preferred ——25

Minneapolis-Moline Co common
$5.60

$1.50

11%

*96

77%
..106
12

35%;'

'

78

*127

11%
*8%

11%
55

106

12%

*96

"77
*105%
12%

16

129%
8%

f

96%

41%
.

22

54

11%

12

21%

21%

22

129%

preferred
Minneap & St Louis Ry
P

400

97

112%

18%

35%

Inc

97

96%

111%

100%

*35

96%

*95%

109%

'

Prod

96%

97

96%

*100%

Petroleum

1st

18%

*95%

34
1

112%

*108%

—ft

Utilities

/

—10O

3.90%

series

Copper

Middle South

*94

34%

pfd.100

Co

Edison

preferred

8

16% July 12

July

87

4.35%

14% Jan

May

56%

Machine

Metropolitan

>47% Jan

14

Nov

conv

8% Jun

16

42%

24

$4

37% Jun
18% Jun

Dec

26

$3.50

Mum!

14% Jun
128

9

Mar 14

102

110% Feb

106% Jan

8

Aug 19

Aug

Merck & Co Inc common

96%
77
107

11%

8%
55

*95%
77

*10534

'42%

16%
22

129%
11%
8 3%

55%
96%

731/2
107

.

*100%

42%

112

100%

101

109%

109 %

110

11%

11%

1.400

12%
16%
22

*8%
55

*95%

79%
*106

129%
11%

43%

4,800

16%

163/8

27,200

22

22

42%

43%

16%

11%

110

100%
110

22
*128

150

,

•
.

*128
11 3/8

*8%

834

55%

54%

55%

96%

96%

79%
107

1,900

11%

96%

8%

700

129%

79

80

*106

107

ft

700

2,900
70

2,500
10

12%

12%

12%

12%

12%

12%

123/4

4,600

70%

71

71

71%

70%

70%

120

19%

19

19 Va

300

*70%

71 %

70%

70%

*18%

19%

19%

19%

*19

19%

*19%

20

THE

(704)

-

COMMERCIAL; & 1 FINANCIAL

NEW
ter rmlm

YORK

Range glace- Jas. 1

.

NEW

■r

YORK

9 per share

v

42%

Feb

>EXCHANGE

I per thare

9 per there

•

4

Feb

13%

38% Jun

Jun

34

54% Jan

14
13

July

9% May

Dec

9

V

99% Deo
101% liar

Jun

Jun

11% Jan

13

21% Jan

4

4

122

Mohawk

8

56

Mojud

112

14

103'/e Jun

16

10%

Oct

Jan

4

l47% Jun

13

12% Aug 17
'89% Mar 29

10

May
17% May

10% Jan

Not

27

Jan

16 '/a Jun

29

11%

Jan

21%

Dee

14

Jun

13% Apr

3

20

6

23

Chemical

Moore-McCormaek
Morrell

20% Jan 20

(John)

Motorola

20%

Jan

29% May

I6V2 Jun

0

19

Dec

21

May

15% Jun

14

19% Mar 10

Dee

24

Jun

11% Jun

1

17%Jin

8

Mueller

;1J%

Not

10%

Oct

x9% Jun

13

14% Jan

7

11

7

10

r

Dee

14%

83%

Feb

107%

Jan

12%

Sep

>

84

Dec

;48

60

Dee

9% May 31

Oct

40

May

112

Jun

17

17

„

11*% Max 17
*,'i13% Jan
6

Jun

10

Jan

■■■

14

<

jun

30% Mar 22

37% July 12

08%

Jan

41

ftl

July

1

f

Jan

4%

8

55'%

56

112

112

*110

9%

3%

1,700

18%

19%

8,400

5'%

4%

28%

*112

12

—No par

12%

28'%

28'%

11

11

22%' 22%

56

55

2,000

1,200
V

113'%
110%

12%

12%

*112

114

"

200

55%

*112

113

*109%

5,500
;

200

110%

110%

110%

500

12%

12%

12%

12%

6,100

J

a

52%

53%

53%

53 y8

53%

53%

12'%

12'%

12'%

12%

12'%

12%

12%

1,500

18

18%

*18'%

19

17%

18

1,000

18'%

18'%

18'%

18'%

18%

18%

18%

1,800

*19%

*19%

20%

53

12%
*18%

18%

-

19

52'%

12
19

18 %

18

19%

19%

19%

19%

19

19%

19

19

19

19

14

14'%

14

14

13%

13%

13%

13%

10%

10%

10%

10%

10'%

10%

10%

11

19%

*18%

'

10

*9%

*9%

20'%

*9%

10

20%

.

10

20%

9%

18%

9%

1

•43%

44%

44'A

45'%

45'%

45'%

45%

110%

♦llO'A

110%

♦110%

110%

110'%

110'%

10

12%

12%

12%

13%

13%

13'%

_50

*37

No par

38%

*37

V 44

36

45

•

;,i3

37

45

45

38

43%

43%

900

18%

900

1,100

10%

*9%

45%

110%

9,200

•

14

3,30o

*13%

10%

100

preferred

30,500

11

55%

110%

110%

12%

52%

52

Co

Myers (F E) <fe Bros

5

23%

II

*22%

5,400

*

12%

*18%

Mfg Corp
Munsingwear Inc
Murphy Co. (O C) common
4%% preferred
Murray Corp of America com

45% Aug 18

May 17

38% Feb
109

Jan

..

55%

9

3%

19%

V 28'%

11

2,500

*

4

5

23%

110%

f

Brass

10%
23%

Shares

47

9%
■

18%

28%

10%

23%

55

12%

f

Motor Products Corp
Wheel Corp

7

5'%

•10'%

112

♦110

Mull ins

.

26% Jan

4%
28'%

*22%

55

*110

Motor

16%

19%

19%

10%

54%

No par

Inc

19'%

5'%

27%

8%
♦3%

23%

10%
*23

8

Llnea_

29%

28%

8%
4

28%

18%

46%

the Week

t per thare

47

'

No par

Co

&

19%

3%

CLOSED

8%
"

J

46%

J

3%

8%
4

EXCHANGE

No par
Co

8%

3'%

18%

com

Utilities

8%
4

Sales for

•<,

Aug. 19

I per thare

47

45%

Friday

Aug. 18

9 per thare

£,

45%

44%

.

Thursday

Aug. 17

iper thare

.

8%

No par

Montana-Dakota

.

4

STOCK

No par
9

Co

Wednesday

Tuesday
Aug. 16

44%

44%

1-25" *

Inc

Machine Tool

Montgomery Ward ti Co

6
7

Jan

Co

20

$3.25 conv pfd series A

'111% Jan 13

66

pfd_100

con

94 coftv pfd series B

Aug 16

101% Jun

Apr

Dee

100

«

f perthare

v

No par

A

Mills

Hosiery

Monsanto

Aug 17

$ par thare

0

com

series

Carpet

Monarch

24% May 16

May

Dee

RR

preferred

Missouri Pacific RR 5%

Jan 20

112%

47% Mar
10

9

35

6

"45% Jan

'

9%

Jun

29% July

not

7 %

16

5 % Aug

25

01% May

Dec

45%

.

Mo-Kan-Texas

'

Monday
Aug. 15

10

'

Jan

15%

Feb

22%

;

44

7

Jan

-

26% Mar SO

3% Aug 16

*33%

5

Corp
Mission Development Co

13
14

F«f <,

.

Mission

6

6

3Vi Jun
15% Jun

9% July

Feb

7 1

,

7% Jun

73%

^Saturday
Aug. 13

i perthare

,

mam KALE PRICKS

low and

STOCK

1

Lawaat

BlfhMt

■

Monday, August 22, 1949

RECORD

STOCKS

Year 1M8

Lawart

STOCK

CHRONICLE

10

45%

100

45%

110

2,200

110

150

13%

12%

37%

*35%

45

*45

45%

600

14 V«
*25% <'

14'A

15,800

26

*35%
45

*

13%

10,800

!

36

.

300

N
14% Mar

21%

Jun

20

Feb

12%

18

10% Jun

14

Sep

22

Jun

13

28

17% Jun

14

23% Apr 11

Dec

29

4%

Sep

8%

Feb

10% May
12% July

9%
29

Not

162%

Oct

6%

Not

82%

46

Feb

Deo

6

9%

9% Apr

4

National

4

National Automotive

13

Jun

14

41

3

4% Jun

13

30% Jun

6

5"% Jun

13

Jun

13

9% Jun

,

Jan

5

National
7%

7% Mar 29

:

35% Aug

Airlines
Ine

Biscuit

87/e Aug 19
9% Jan
8

Co

35

34%

35

343A

34%

182'A

Container

10

14%

21

13% Feb

14

34% Aug 12
17% Aug 18

Dairy Products
No par
Department Stores
§
Distillers Prod
No par

Deo

:14%

Deo

Sep

20%

17% Jun

Jun

13

14% Feb 25

Nat

14

16% Jan

7

Feb

15

Oct

96% May
29

162

Oct

177

Jun

25% Apr
169% Jan

130

Not

147%

Apr

135

86% May 13

Jun

Dec

7%

Feb

Feb

24%

Jun

A

Dec

1

Jan

26

19%

Not

81% Mar

95

4

179

Aug

4

1%

4

Jan

149

Aug 19

6%

6% July 27
19% Jan 21

5% Mar 10
14

13
15

May

114%

Jun

x% Jun

19% Jan

21

22

Oct

73% Jun

13

National Linen

10

National

National

Steel

26% Jan

21 % Feb

28

Not

25'A Aug 19

26% July

15% Feb

11

19 % May 16
86
Jan 24

Not

94

Jan

x80% Jun

15

not

20% May

21 % Jan

4

Dec

9% Jun

13

9%

1-5% May

Not

12%

9% Jun

20

9

Not

12%

Jan

19% Jan

Not

19

104

Jan

*27% Mar

26

%

May

Feb

May

100

87

Feb

98%

>%;an
12%
29

Jan

„

Nehi

Neisner

10

12

13% Mar 30
14% Mar 17

3

Jun

xlOl % Jan

National

103% Aug
34% Aug

Mar 28

93'/a Jan

3

101

Natl

Tea

4

8

Aug 19

3%%

Lowest

8

Not

12%

12%

Aug
July
26% May

Deo

70

Not

20%

Feb

8
94

64

Feb

jan

42

90%
84%

% Jan

Mar 21
Jun

14

9% Feb

25

-

Apr

30

23% Jun

Jun
Oct

14

35

81

Not

14

Dec

48% Jun
16% July

24 'A Jun

12%
39

9 'A Jun

Feb

13

92

56

121

July
144
July
23% Apr

Feb

11% Mar
20

13% Jan

Jun

6

81

117% Jun

13

140

10

Jun

27

Jun

20% Jun

61

Jun

48

Feb

Mar

225

Feb

13

jan

266

6% Mar
20% Feb
86

6

14

86% July
Jun

91% Jan
15% Feb

'

*

6%

1
_10
1

14

49'A Aug 16

Jan

8*"

Dec
Deo

28% Jun
17% July

16% May
4
6% Jun 16

36%

Jan

21'A Jun

6

62% Not
28% Jan

49% Jun

15

59% Jan

28% Jan

3

8% Jun

14

Feb

25

^ug

14% Mar
8

Jan

26

Jun

Mar

"21

Jan

14

,

28

-

3

Noma

Mar 24

82% Mar
25% Feb

93

13% May
Jun
36 % Jun

75% July 22

85

31

Jan

16%

14

11% Jun

13

17% Jan -7

'78

Dec

Jun

87/e Feb

Aug

90

Oct

109%

Dec

8%

Not

17% Mar

16

Not

83%

Jan

27% May
40% Apr

3%

Dec

-7% May

10% Mar

14% Jun

26%

Dec/
Jan

15

109% Mar 22

Jun

6

13% Jun

14

11% July 22
19% July 25

32

15

Feb

43

Jun
Jan

Apr

18%

Feb

36% July

Mar
Deo

Xl09% July
12% Apr

88

Dec

100

Jan

20

Jan

to

Jun

Jan

37%

144%

Not

Jun

2

Not

23

80

Dec
Dec

'

23% May 31
17% Jan
8
20

36.

■'">

11 '/a

11 Ye

v

10%

10%

•ftllftft

5"V

10%

10%

1*10%

10%

'ft

13%

13%

*13%

13%

102%'102'/a

*102%

104%

:

Jan

4

4% Jan

11

13

Aug

3

400

11

11

11%

700

3,400

Gas

11'/a

11'A

11%

113/a

10%

*10%

10%

13%

14

:*io2%

104%

33

•

*100

33

33'A

101

33%

33%

101

*100

-600

14

>102%

33%

♦100%

1,400

104%

10

33 V2

33 %

102

101

1,100

101

10

Friday

galea for

Aug. 19

Wednesday
Aug. 17

the Week

9%

Thursday

9 per share

'$ per thare

1 per thare

93/4

*97

98

52%

9%

%'ftft

*97

52%

11%

•11%
*67

67%

93/4

93/4

53

11 Va
*67

11%

11%

11%

*67

74%

130

131

130%

130

*72

130

*52

*230

•

ft

*63/4

73%
130 »A

129%
11%

56%

113/4

11%

*20%

•

23%

*20%

•50

245

56 %

*230

7

*63/4

7

97%

♦97

18

*17%

18

273A

98 »A

10

17%

♦173A

18'A

18

18 3/B

300

49%

49%

49%

49%

6,200

S3

93

9334

93%

*19% > 20

19%

19%

17%

49%

49%

49 3A

*92%

93%

193/4

7%

-

23%

20

7%

♦23

•

23%

y

■

20

77/e
23

7%

7

ft

.

50%

50%

50%

50 'A

273A...

273/4

273A

*27'A

28%

173/8

17'/2

17%

173/4

173/4

18 3/B

8%

9%

9%

93/4

93/4

10 '/8

yft;--14%
10

93%
:•

*108

10

10%

28

23%

50%

273A

18%

•

•

80

78

78

35%

35

35%

34%

14'A

14%

14 %

14%

ft

10'A-

10%

93'/a

93%

1083/e

♦108

10%

*78

10%
/

103/4

*

1%

18

10'A

10%

18%

23% ft
50%"

18 %

9%

300

18%
ft

19,600

10%'

13,500

80

*78%

10

35% ?

35%

35%

14% >14%:.
'

10*%

10'A
'94

4,200
10,400

108%

10

10,700
320

*

'

'11
ft

310

10% v

10%

18%

38%

ft

94
103

93%
108

11'

700

3,800

23%

15'/a

108

11

130
500

2,300

50
*27 'A

80
"

3 5'A

93%

r

ft

273A

10%

14%

93%
108

18

18%
35%

*1%

'

900

9

8=4

18 3/8

18'A
ft 10

1,500

27%

23%

50%
-

*78%

35'A
15 • ;

10%

*34%

18'A

93%
108

11

•

80

10%

933/4

1083/8

ft

"-ftft

23%

50%

'27%

:

.

6%

6%

27%

8%

8%

23

50%

35

—2.80

6%

50%

933A

7%-'

»

56%
245

*230

•'

1,000
y yfty'

*97

*19

♦78.

80

*50

56%
245

700

12'A
25

28'A

*923/4

10

No par

*50

*230

131%

11%
*20%

98'A

50 'A ft

80

common

*130'/a

11%
25

500

1,500

28

20

V *23
V

par
No par
-No par

130%

*

12,000

*97

933A

73A

1

—100

74

1,900

'

6 'A

19%

lo
;

73%

~

31

Co

10%

98%

933A

ag

27%

10%

74%

11%

26%
♦26%

273/4

♦97

493A
"

27

273/8

27%

*21

56%

2,300

67%

273A

98%

*17%

11%
25

1,100

11%

*67

6%

28

973A

27%

27'A

; 27

245

♦230

28

1

*50

245

.ft:'

4,400

54

11'A

67%

Shares

9%
98%

53%

54'A

74

_l.«o

Rubber

9%
*97

98%

53'A

67%

9 perthare

9%

*97

98%

53

11%

67%

Aug. 18

73

j

Co

14

•

72%

preferred
Northwestern Telegraph
Pharmacal

•

10%

y

72

4.6%

&

190

28%

11

Ry_.

preferred
$4.80 preferred
Northwest Airlines Inc

Tire

83 %

28%

10%

Western Ry com

INorwalk

17%
83

11

1

$3.60

Norwich

18

11

11

1,200

83%

273/b

Northern States Pwr Co
(Minn)—
Common
—No

14

79% July 13
18% Aug 10
28

Jun

13

148

33

May 18

29% Aug 17
104% Mar 25

Jan

•

3,800

ft

1,900

'-ft

18%

18%

"100

'

*34'/a

-

;

\-

*I3A

ft.:.'.

,

Oklahoma Gas & Elec 4%
Oliver

7
3

34

7

Aug 11

8%
Otis

Elevator

16% Jan 24

64 %

Outboard

7

79

Outlet

49 % Jan

11%
S%

Dec

16

May

8

Sep

18

Aor

52

14 %

Feb

16% May

43% May
paK'




3

11% Mar 29

29

Jan

68% Jan

14

Jan

28
24

Corp

No par

preferred

(The)

convertible

1

6%

100

Marine & Mfg

Co

12%-.

35'A "-ft"
2

.

12%

;

*123/4

.

13

Glass

~

>

35'A

*34% "35 V4
1 %:'
*1%
13
'
*12%

1%

-

■

35'A

'*34%

;

:

1%

*123A '13

ft

*1%

ft

12%

V

•

2.50

28%

:

30%
29

30%

28%

303/8

103

103'/a

28

28%

28%

29

19

18%

187/a

*18%
24

*92%
7%
83

*183A
33%
♦163

13%

103

24% /

-24

1033/4

30%

•35
"•

30
-

1%
13

400

7%
84

93%

24%

7%

*

;V

♦83

.19%

*185/8

333A

33%

170

13'A

♦160
:.

-13'A

93%
73%
84

19%
34

170

13%

*67

70

68

68

12.80

56

57

56%

57%

?

Pacific

Amer

Fisheries

10% Jan 18

Pacific

Coast

Co

71

Apr

4

40

Jan

17

Inc

common

non-cum

non-cum

5
10

No par
No oar

29

123A
*8'A
*51

29%

;

303A

20%
29

29'A

103%

103%

30%
29 >/8

28%

293/8

*18%
24 %

103%

>

28%

29'/a

*18%

19

1C3%
16%

24%

24%

.

ft 28 3/i

-30% '■ ft
29

ft

1,000

25,600

*103% 103%

-

-

250

29'/a

29'A

-*18'/a

18%

100

2,400

"

24%

24%

24%

94%

92%

92% •>

12,500

'

94%

Co

9

30%

29

"

No par

6

preferred

ft *30

-

-

Aug

2nd

8

100

No par

Jun

Aug 16

A

10

common

preferred

10o

common—

preferred

preferred

Owens-Illinois

1st

pffl—20

common

Oppenhelm Collins

15

July

No par

convertible

Jan

2

IOq

Co

Omnibus

Feb

-er

preferred

Corp

4Vt%

g

distributed"——

7

11% Jun

158% Jun

common

4.40%
Ohio Oil

90% Jan 10
22% Jan

Co

"when

7

19% Mar
31% Jan
8% Jun

Edison

Common

7

33% Jan

99

Ohio

Jan

*

78% Jan

focitDd".

Jun

91% July 26
6% Feb 11

80%

Feb

3

jan

89

47%

27% Jan

,273/4 July 26
99 Vi Jan
3

Jun

164

15%

For

,

1% May 21

11% Mar

11

3,200

29%

27%

4

—

Jun

16%

27

94% Aug 11

7

14% Jun
108

22%
6%

10% May 13

29

8,200

176

O

92%

92

28

Apr

84

18%

17%
83

♦28 3/i

10%

preferred
American Co

Pacific

1,400

27%

25

Natural

25'A

27%

u.

Northern

24%

10%

Industries—.,

Northern

25

Corp—

American Aviation
Northern Central Ry Co
'

1,800

24%

ft-*24ftft

2 7 3/8

North

Feb 18

107% Feb

Mar

103%

26%

.

;

82

27'A

Adjustment

36% Mar 17

27%

.

&

21%.

81%

ir.

10%

Corp
Chemical Co

North

21%

82'A

16

27%

Electric

Norfolk

213/4

82

27'A

No par

preferred

Nopco

21%

82

10%

State

Noblltt-Sparks

tV
21%

81%

:

4,000
2.000

27

Shlpbldg Corp partic stock

$3.75

10

Jan:

♦21%

17*

£2

6%

17%

27

Common

20% July 19
11% Jan
7

66

CLOSED

IOQ

Gas

20

•6%
173a

10%

N Y

20

15% Jan

Dec

3

149

6%
17%

..

27

& Harlem RR Co
80
N Y New Haven & Hart RR
Cb-100
Preferred 5% series A
-TOO
N Y Power <fe Light 3.90%
pfd_100

10

7

17%

23

*67

"NY

50'A Aug 15
93% Aug
3

149

6%
17%

11

/ft

12

13%

Jan

11'A

fXCHANG 5

cOm^—100

common

&

149

6%
17%

27

A

preferred—

Elec

*148

32%

6%

29%

23%

21

1,140

83%

53

*113A

•1

86

STOCK

53

*20%

20

Jun

1

^

No par

97% Aug 15
19% Apr ,r 7

5,500

178

17%

98%

NO par

•33% Jan

33

178

No par

N Y

,

*97

.

York

9

33'A

179%

147%

147%

21'A

9%

93/4

pfd_100

City Omnibus Corp

Mar

100

33
*178

Xl7%

Tuesday

$5

•

5,700

6%

Aug. 16

New

9% Jan 21

700

14%

93%

33%

*83'/a

9 per thare

:

N Y

250

14%
*91

17%

Monday

•;•}/

6

Dock

15

92%

No par

series

3,400
23,300

8

179%

♦178

148

14%

173/g
20%

7%

f

6%

-

Aug. 15

,•

/

8

non-cum

323A

33

173,8
20%

y

92

-■'•

.

'

*28 3A

100%

Saturday
Aug. 13

Brake

preferred

143/4
95

♦92%

29

'

Apr 23

,

25

Jun

Air

ft 14%

17%

LOW AND nai SALS PRICES

Central

N Y Chic & St Louis Co

Jan 21

59

4

19% Oct

Feb

21

96

Not

14%

14% Jun

York
York

s

83%

33%

100

New

21

7%

17%

8

29

11%

33%

,20 3 4

14%
95

179

*83 '/a

293A

*99%

:

20%

24%
17%

104%

preferred

"New

21

ft

17%

20%
*7%

82

83%

14% Jan

10

5% Jun

200

*11

163A

7%

20%

18

17%

29%5

"

:ftft:24>ft:24ftft!
.-•17%
17%

*102%

Newport News Ship & Dry Dock

7

Jan

5,700

24

26% May

20

Mar

49% Jan

4%%

34'A

ft/

10%

Mining Corp..
Newport Industries common

Apr 12

■33%

if

21

13%

Newmont

33% Jan 12

65

34%

'ft

34 '

;

17%

■

10 3A

New

13% Jan 10
72% Jan 27

34

81%

*83

common_Nopar
100

England Elec System
New Jersey Pr <fc Lt Co

*33%

Vi

,

ft"

23%

9 per thare

10% May 17
99% July 29
69% Jan
8

21

13%

9 per thare

3

7,000

19,600

"34%
16%

♦146%

6%

17%

10%

EXCHANGE

i

6%

10%

32%

148

V' 81%

8%

8%

6%

179

10%

NEW YORK STOCK

Highest

t per share

99

90% Mar
38

Range Since Jan. 1
Lewest

$ per rhare

32%

8TOCK8

-

8%

34'A

179

is

ft'

100

J)

preferred
<

Highest

# per share

(J

7%

10%

143/8

L

preferred

8

6%

*92%

No par

Newberry Co

1.900
31,900

10'A

14%

6%'

'ft

1

common

3,500

6%

95%

173/4

10

Inc

5%

34%

10'A

77/«

No par

Bros

***** far Prerlona
Year 1948

V

28

Corp

43A%

130

5'A
34 %

6%

16%

*146%
J

I

Co

183%

5%
34'A

10%

20% : 28%

32%

183

53/a

34'A

6%

8

178

No par

Fibre

183

400

4,300

-

10'A

20%

14%

Cast-No par
ex-dist
No pax

Co

183

£00

35

343i

6%

17

*93

Steel

Vulcanized

Natomas

35

10'A

20'A

IOq

Co

13

41%

343/4

/ v

*12%
♦40

6%

34%

♦7%

5,100

123/4
41

10'A

16 3/4

100

Corp
Corp

8

12%

12%

12%

34%

8

200
2,400

41

•

1833/4
53/6

34'A

1

Corp

5'A

34'A

7%

7%

12%

•

70

20% I 203A

8

"

National Sugar Ref Co
No par
National Supply (The) Pa com
lo
4%%
preferred
100

30% Aug 10
12 % Apr 20
11% Aprr2

i

&

53/s

34'A

7%

6%
10 %

10

Shares

7

16%

10%

Lt

Jan

Not

80%

&

Power

91% Jan

20

21,

Malleable

Natl

184%

5'A
34

9

6%

No par
common

Service

Nati

4

7%

10%

12.60

preferred A
preferred B__^

11 Jan

■

1

Enameling & 8tamping
Oypsum Co com

$4.50 preferred
National Lead Co

33% Jan 21

14

34%

1

National

'

Jan

5%

National

Aug 18

*

7 % Jun

xll% Jun

86

15%

21

13

'

29%

.

■

53/8

34%

1

Cylinder Gas

not

*182

5%

National

12%

182

182

"v

No par

Co

12%

12%

40%

343A

Co

7%

12%

12%
40%

National

17%

12%

12%
38

National

15

21%

12%

preferred

National

26

*20%

38

common.

14%

*25%

12%

11

May
22% May

7%

12 %

12%

14%

26

21%
8:

38

12

Dec

12%

12%

73A

7%

14%

<

123/8

13

Jan

73A

14

25%
•21

38

27% Feb

.

21

a

22

14% Aug
Jun

14

25'A

21

f

24% Mar

10% Mar

137/8
25%

21%

7%

1

.

National Can Corp
National Cash Register
National City Lines Inc

5

14

25'A

*21

l
Fibres

National Aviation Corp
National Battery Co

4

Aug 28
35% Aug
8
183% Aug 17

137/a
25'A

1

12% Aug
13% Apr

170% Mar 15

f

100

Co

3

May

13%

Acme

10% Jun

9% May
Jun

Dec

National

13

28

41

•%

Corp

NashTllle Chatt & St Louis

30% Jan

Oct

176% Jun

Feb

21

Jan

5

July

22%

.

Jan

Nash-Kelvlnator

7

9% Jun

17% Mar

Mar

20%

-Jan

18% Jan

13%
8%
53

29%

13

*8%
*51
29

13

8=4
53
29 %

*93

>

7%
84

*183/4
33'A
*161

♦93

'94%

7%

7%
84% ft

85
*

19%

33%
169

1.

18%
33'A

*161

7%
-.85

"■•ft.::

20%
333A
169

14

*13%

14

70

70

*70

72

56%

57

*13'A

13

*8'A
*51
29

13%
83A
53

29%

56%

*123/4
8 3/4

*51

29%

57'A

13

8%

7%
85

*18%

32%
*161

13%
*70

56%

20

8

2,000

85

100

20

33

'

8,600

169

133i
73

56%

127/s

300

20

3,200

500

*8%

70

53

*51

53

29%

*29

29%

100

THE

Number 4831

170

Volume

COMMERCIAL

NEW
Base*torPrevious
Year 1948

Lewes*

j

>;
v

Leweet

-

t per share ;

$ per share

15% Mar

21%

Jun

18

Feb

24

36%

Jan

30% Jan

3

50

6>

29%

Nov

•

47% Mar

-

•*.

129%

Dec

,t 89

Dec

v

130

Nov

3%
■

39%

Nov

8% Nov

••

13% Mar

6%

>
.

Feb
Dec
Jan

;

Feb

•

18%
—

34%

^

23%

2.

28

105

Feb
Deo

•

61

83%

',24% Nov
v.
6% Mar
9
—

—

38%

Jun

1.9% Deo
Feb
Dec

v

Oct

,112

109%

16%

Dec

103

f

Feb

28
Dec
86% Feb

.
,

Deo

.

14%
44%

,

Feb

:

40% Feb

!

48%

,

93

c

>

Dec

Dec

22-

NOV

;

,104

Jan

91

Jan

14

Jan

*

'

May

51% Aug 28
>

10% Feb

•

S

28

,

16

111

.

Mar

7

Jan

r

-

Aug 18
Aug 12
May 16

:

;

*
.

3

.

•

31% Aug

87
.

;

<

*48%Mar30

1

90% Mar 24 "
20% Jan

98

105

'

,21%

Nov

45 y*

July

3

110 y4 Apr

Jun

Jun

8 i

19

Jan

V

97y4

-

•

13% Sep

87 y4

Jan

54%

Jan

10

Dec

53

53

53%

1,000

32%

33%
98%

337/a

2,200

98

3

3

'

34%

'4

3%

4

Jan

88

Jan

10% Feb

3

;7>
7
8
*

1

8% July 13

103%

*102%

103 Vz

162%

102%

*102%

20%

20%

20%

21 %,

21%

21%

21%

20

20

20

20

20

20

Inc—

40

39%

39%

*40

41

7

•

*39%

1%
1

11

Mar 30

Phoenix

Hosiery

7

7y8

*16%

17%

>16%

32V2

32 V2

50%

50%

v

'

V

3,400

*26 y8
7%

26%

26ya

26ya

26 V2

26%

*7

7%
10%

7V4
10%

7

*6%

-

50%

*9%

9%

"21%

-

21%
28

42

••

.,112

-109%-110% >

H

*9y8

r

J.

'

>

24

-

105

•

30%

>

1

.

.

ioo%

5

48%

43%

431/2

54%

22%

115V2

,

I >

.

27

.

44%

'

tv

*92%
>.*ity4
*873/4

9%
21%
28

18%

la'A

14%

15

42

*3

43

43

43

111

111

111

110%

36
108% >

*25%

30

*35V4

36%

100

109 y4

109 y4

1,400

9%

,

.

23%, *,'

31

.

109%

109%
&%

9%

24%

120

11%

2,300

30%

3,100

48'

;

31

4b%

30%

54%

101%

55

24%
♦115

104

•102

104

109%

•109

109 >/2

»

26% "27
*84

:*102
*92%

12

45%
104 >

'•
•

No par

56%

57

B

•8%

10

27 Va

27%

85

83

94%'
12

*873/4
56%

89

45y4

'

— *92%

453/4
103%
94%
11%

*102

56%

*8%>

V

vll%

>

-*11%

89

267/8

■

14%

> f'85'-*84 *

44y2

94%

•

14%

9%

45%
*102

*8%

941/2
11%

87%
57

9%

.

83

*

'

i-Ha

27%

27 y8

„•

,84»,v.-84ya

>

45%'

46 V4

*102

103%

>92%.

94'/a

^ll^
:

12

:.

88'/a

56%'

57%

*87

V 573/s

*8%

103%

109%

14 y4

103 %

11%

57%

•

800

115%

103 %

453/4

*92 %

89

*873/4
56%

84'

130

10,500

24%

♦ii5ya

27%
•*

,

23

•109

14%

'

101

22%
*24%

115%

*102

27%

443/4

500
101

24%

14%

6,600

'

>109

14

1,100

44%

>

23

109

■-:> 14 >

47%

43%

101 «/4

22% '

103 %

14Va

.

x47% *

'44% ; 44%

54%

115%

600

24

11%

115

'

15,600

9%

23%.

105%

100%

24%
115y2

9%

'105 '/a

100%
24%

110

105%

30%

■

23

900
/

*11% -11%

'

48%

22%

10,200

111

gy8

24

5,800

18%

,

.

*8% 1,

9%

*23%

*104%

.

54%
<

18y4

-

>*8%

*8%>ioy4

*184%• 105%
11%
11%

*107 V108%

108%

109

104

•101

,j/
*:

*9%

1143/4

"84%./: 84%
>

5,300

103%

109
....

50%

15

48%

54%

109

soya

21%
*25

\43%44%

1003%

22%

>,103% 103% :/

;

v

483%

"

24%

100

51>/4

18%

X30y8

i

247/8

32%

*107

23%

•

31

100%

14

No par
100

30%

'

17 y4

*31%

'I5y4

9%
••

•

105y2
11 Vs

ioo%

*115
i

9%
24

100

900

♦16%

32%

108%
18%

36
108%

«■

22%..22%
24%.

I

ioy4

*23%

11%

*54%...55

.....

*8%

*104%

-

48%-

>

.

:

' 43y4

X43

)>'

80

...

31%

48%

■} ;

par

*

11% --U%

.

.

i"

109% '-5

9%~,V>.'V 9%

24
105

'

t

-

9%
28"

400

1,200

17%

50%

21%

42
*110%

37y4'

109-

ioy4

9%
>

•••.

*36

7

17%

500

7%

10%
6%6"%

14%

'

42

110-110

37%>r,

50%

"

18%'

147/a

*35%

.

*32

*107

18>/2

14%

•110
i

32%

*25

108V2

18%

15%

41%

'-

17

*32

21%

18%

>

7

*9%
'

14%

42

.

50

32ya

*25

-

7

40 Va

10%

*16%

17

*107

7y8

10% ; 10%

"

o

100

2,800

18%
'

♦38%

40%
1%

7

"50%

IO8I/2

400

29%

1

*107

31,600

l7/a

9%

•

10

21%
20

29 y4

28

'

103%

21 VB

♦19%

1%

21%

f

,V.

v

*38%

2,600

29%

10%

*32

•

*102%

10,400

19

1%

*9%
*25

103%

50

6%

6»/4
♦18%

29%

^

'

6%
19%

1%

,1%'

>.-21%

,

6%
19

100

29%

r

10%
*6%

-

100

Petroleum

800

101%

•1O0V2

267/a

26%

7y4 "
10%

*6%

.400

Phillips

26%

*7

100

preferred

11,000

*54% .,55%

29 Vt

1%

29

10%

No par

preferred

37,800

29%

1%

29%

*26%
"

No par

com

1%

.29

'

25

i

common

3%

20

'

2,300

9%
15»/2

*14

21%

20

No par

19

Apr

'

*102%

:

Phillips Jones Corp com
8*

101 •

101

6%

l10

preferred—

3.60%

101

140

1,600

38

9

.

55y4
55%
*100% 101%

18%

preferred
—100
4.3% preferred
100;
Phlla A Reading Coal A Iron—'
1

4%

*100

55%

350

3%

3%

9l/4

6y4

Corp common3
3%%: preferred series' AJ-100
Philip Morris A Co Ltd common
5

64

14% May

Pflaer 4Chas) A Co

Co

101

55%

54%u55y4

983/4

♦37%

14%

18%

100 1
Petroleum Corp ofAmertca—5.,
>>
Welffer Brewing Co
No par ».«'*■

Electric

'

,

Shares

146

3

4

9»/4
14%

6%

-

51% Jun

14

54y4

'5%

9y4
14%

9ys
*14

18 y2

PhUco

8
8

54%

.

38%

6%

3.8%

8<
21

Aug
92!/4 Aug

9V4

14%

»100N

33%c

Aug

87'A Aug 18

Jun

,!

v

38

18%

_

Pet Milk Co common
4%% preferred

Jun

102

6

9y8
,*13%

5

Co

109

40% Jan

10.

9%
14%

98 Va
145

3V8

6%

Coke Corp

$1 conv preference
4.4% preferred

12%Mayl4>
90
Feb 11

?•

Cement

V

.19% Jan
;

v

*3

18%

No par

115% Aug 17
-

9%

33%

,

*144% 145%

J7%
J 3%

39%

*13%
'

98

,

3y*

3

35

3%

,

32%
98

*144% 145%

145

35% \

3%

32%
98

32y4

145

3

'

No par <:

A

Phlla

May 17

77%
;

53

6%

Phlladelph'x Co 6% preferred
i $6 preferred
No

92 y2 Aug

;

32%
*97 V4

35%

preferred——25

Phelps-Dodge Corp—

55% Aug 11
102% Aug
3

80% July 11.88% Feb
37% Jan
4
< 46% Aug

>93%

Oct

Deo

.

Jun

88%

11

527/8

18%

common

104

7 '

8

22% Jun 28
:

Feabody Coal Co

Pepsi-Cola Co

-

26% May 16

6

Jan

Apr

,

51% Jan

24;

•

11% Jun 28-

Dec

82 Va Nov

32%
97%

3

——1

>

r

3

6

103%

39%

5,600

.527/s

53

32

Feorla & Eastern Ry Col——-100
'

.

7 O' 53% Jan 21

111

25 Y» Mar

33%

52%

*144 ya 145%

J

>

No par
Pennsylvania RB _•
—50
Pennsylvania Salt Mfg Co com—lo
3%% conv. series A pfd
—100
Peoples Drug Stores Inc—t——5
Peoples GaaLight A Coke——100

Aug 5 ■
ll%Janl!>:
12 i Apr 11 ?

36% Jun

116% Jun

July

32%

53%

Penn Power A Light Co—
-

-12%Ja* "7

'

.

33%

33 V*

97%

CLOSED

Penn Ql»^s Sand Corp com—No par
-6% preferred
—100

1

17% Jan

9% Jun-d4;

;

^ -91

400

33

33%

-y- EXCHANGE

Transportation ____Nd par
Patlno Mines A Enterprises
5

Perm Coal

^

20 < May 18

24% Aug 8
105% May 16

23% Jun

Jan

81. " Sep

20%

33%

33%

—1

;

Penn-Dix<e

:

'

f

20%

20%

100
!—1

convertible preferred

Penney (J C) Co

3:

23% May 14
28% Jan 21

"

6 >

Mar 11 '
5'

25% Sep

M

20%

20%

STOCK

-

the Week

S per share

20%
33%

20%

.—No par

com

6% conv prior
Penlck A Ford

3

40% Jun

July

"

10

Jan

17

> 104% May
*•' <•< 24% Jun

20%

:
,

;

55

• -

;

>103% Sep

21
102

17% 'Jun,..-'

69

.

t per share-

Friday
Aug. 19

•

$ per share

*20%

♦53

Parmelee
+.

4

>

33% Aug

7y4May3l
8% Jan
3

20% May
64% July

v

Dec

"

30% Jan
104 -May

,
.

19% Jan

..

^

43. v
104 ?; Mar 28 V; 111" ,f
29
Jan
3
,
36 *
96% Feb
9 V113%

,

Oct

Jun

.

7

€ ^ Jan

-16% Jun 29
14% Jun 13
32 v Jun 13

20% May
24% Jan

i

Dec

1

106

-

Apr

99

/ •

>8% Feb-

,

„

Jan

.j45% Jan

7% Nov
22

V 98% Oct

14

L7% Feb

,120

9% Not

/

7% Jun

• *

/ 23% Jun

Apr

Aug. 18

20%

i__No par

Park A TUferd ino.

*14% Jan 18

3

Nov

; 22%
;-48 v

'

'

Thursday

.*

Aug. 17

S per share

33 y4

Park Utah Ceneolldsted Mines
1
Parke Davis A Co
J—No par
Parker Rust Proof Co
2.50

3

7y§ Jan

•

l

•,?/ 42% Jan

20% July
May

Dec

35%

.

Jun

>34% May

16% Dec

_

i

/,21%

*.

26"% Aug

•

2

27% Jan 31

>15% Jan

15%
27

-

>

6% Jun
16

49%

2

Jun 15
9"% Aug
3

Jan

Feb

Wednesday

Tuesday
Aug. 16

S per share

share

♦20%

No par

Car_

When issued

2% Feb 28

x6

__

4*

30 <■ July 19

Jun

37

per

10
28

Paramount Picture# Ino—.

3

9

—

-

Motor

Parafflne Cos Ino

21% July 7
42% Mario

4

23% Mar

May

Deo

24% Feb

-

24% Jan >3

Jun

10:

16%

Aug. 15

t

Par

Pan American Airways Corp_—_2%
Pan-American Petrol A Transp.—5/ Panhandle East Pipe- L com—No par
419 preferred
i
100
Panhandle Prod A Refining—__—1

8% Apr 18
20
'Jan
7
; 104% Jan
7

8

37
Aug
l%Jun.

3

Jan

,

18% Jun 14
19% Aug. 11

Jan

30%
.

13

102% Feb

May

—

27

5% Jun

3% May

Feb

"

i

Lighting Corp

Packard

5

16

59% Apr 14
102% Jan 27

15% Jun 14

Jun

:

Monday

Aug. IX

1 Pacific Tin Consolidated Corp
1
Pacific Western Oil Corp„——10

8'

10% Apr
'

5

Jun

—

;

10

95% Jun 23

May

r

■■*,",

Pacific Mills
No par
Pacific Telep A Teleg common—100
6* preferred
__100

43% Jan 10

Jan <3
Jun

49 % Jan

Oct

May

;

Pacific

8

Jan

Saturday
'

"

8-

26% May

Mar

4% Jan

RECORD

.

-

Pacific Gas As Electric

34% July 20

STOCK

CHRONICLE

LOW AND mem MLR PRICE*

STOCK

Pacific pinance Corp of Calif

14

98% Aug 18
146% Aug
4 *

\,

1

12

11%

—

t

5

2% Jun

Apr

66

6%

Jan

-

29y4Jun 13
•
3% Jun 13 •;

.100

97

135

Apr

YORK

* EXCHANGE

,

■

333/4 Aug lo
54
Jan
6 '

11% May
21% Jun

v

18%

21

62% May
5% May

t

Feb
:

92

5

Mar

'

Jun

NEW YORK

-

"r

;

$ per share

27% Jun 14 V
89
Feb
7 J

Jun

147

Oct

i46
'

104%

Dec

4

i

44Vi July

»

.

Dec

!

t per share

55% July

-

Highest

FINANCIAL

STOCKS

•

Ranee Since Jaa. 1

«

Highest

&

9

*8%

9

'

lu|t fer Prevlena

STOCKS

Year 1048

Leweet
• per share
80

Apr

110

80 y4

26

84%

Dec
Dec

Feb:

30

5

Sep

100% Jun 22

93

Jun

July

11

Jan

Jun

15

36% July

Deo

10% Jun

155

Apr
July

169

"

39%

Jun

Feb

2

32
Jan
16% Jan

7
7

85

24% Jun 13

Jun

4

100% Jun 22
14% Mar 14

3

79

32% Jan 24
105% Apr

7

142
Jan 26
156% Jun 28

145

Aug Iff

170

Jan

20

28% Jun

13

10

Jan

6% Jun

13

35% Aug 18
8% Jan
7

Feb

20

Jun

7% Jun

14

15% Jan

Jan

170

Dec

96

Oct

7% Nov
10%
140

73 Ya

Feb

70%

Dec

15

82% May
26% Oct

Feb

145

'

Jan

26 y4

161

Deo

9% May

July

46% July

Apr

7

175

65 '/4 Jun

21

88

60% Aug

4

14% Jun

15

136

71% Jan 27
21% Jan 24

24

11

Dec

16% May
14% July

1

Apr

4

11 Va Aug 12
50% Apr la
40% Aug 18
12% Mar 30

8% Feb
36% Feb

Jun

Feb

32

Mar

3

8% Jun 14

12%

Jan

5%

Nov

22 y8

Nov

11% May
35% May

62%

Feb

71%

18

Feb

14

Mar

28% May
94
Apr

14% Jun

81

85

Jan

14

90% Mar 17

39% July
24% Jun

38

Jan

3

43y2Mayl8

20yaJan

3

24

30% May

25% Jun

53

Jan

30 Va Feb

42

May

24% Jun

14

32% Apr

32%

Jan

20

Deo

25

Dec

32% Nov
X25y8
101%

Feb

Feb

,

Feb

x25

;

1
;

108%
81

Jan

Sep

July

12% Apr 21
4% Jun

14% Aug 17
8 Va Jan 24

13

21
Mar 22
57% Feb 26

107

28

Jan 24

68% Aug 15
22

Feb

2

Aug

8

13.

28% Aug

8

25

37

Jan

6

25% Jun

17

15% Jun 19

109
r

Apr 30

4
July 11,

29% May

9

20% Jan 14

$ per share

$ per share

28

30%
*102%

RR

*90

Pitts Coke 6c Chem Co com—No par
(5 convertible preferred—No par

Pitts Consolidation Coal Co

30%
>■

9 per share
30%

'

104

*102%

105

preferred

class

11%

.

*90

30%

$

share

per

30%

*30%

"

'

Thursday

Friday

Salaa far

Aug. 18

Aug. 19

the Week

g per share

$ per share

30%

104

*103

104

105

*90

105

•90

105

31

800

103

10

\ *90

105

28%

149

Poor 6c

Co

Potomac

4%%

conv

14%

Industries

Inc

Pure Oil

5%

(The)

No par

oommon

preferred
Purity Bakeries Corp
conv

>

162

*160'

162

34%

35 Va-

35%

7%

7%

7y8

7ya

7%

7%

9%

9%

9%

9%

8%

*135

*71%

140

72%

*61% ' 63
♦16%
*134

22%
*11%

22%
11%

16%
140

22%
11%

34%

*130

35

140

X70%

71

62

x62

*16%
*134

17
140

140

•130

*71%
♦62

*11%

•11%

11%

42%

43 y4

'42%

43 y4

38%

38%

40

;

11%

11%

11%

;*n%

40%
11%

14%

14%

14%

5%

6Va

Y

11%

14%

14%
5%

14%

24%

24%

24

24

68%
18y8'

68%

68%

89

18%
87

41%

68%
'

18
*86%

18%
89/

28

—100

♦107%

108%

No par

27%

28 J/4

6 :

*86%

28 Va

28%

28

68%

33%

23%

28

5%

*24 !
68 Va
17%

41%
23%
28 y4
33%

23%
•

23

23%
113/8

*11%

87

41%
23%
28%
33%
28 Va

108% 108y2
27%

28

17
140

42%

23

14%

41%

63%

♦16%
♦134

23%
11%

38

68%

9%

22%
*11%
41%
38%
*11%

37%

*24

7%
150

63

16%
140

41%

5%

35%

•130

63

16%
*134

35%

,

71%

41

24%

*33%

13%

7%

9 y4

17%
•y

149

•160

*142

16ff

13%

*8%

6

68%

8

com

$4.75 cum preferred
No par
Public Service Co of Colorado
20
Pub Serv El 6s Gas com
No par
$1.40 div preference com—No par
Pullman Inc
No par

*143

13%

11%

*24

No par

149
162

29%

13%

37%

5%

preferred series A—80

85
29%

♦142

29

41

♦11%

1

Procter 6c Gamble

Publicker

♦11%

10

*82
♦29

♦160

149

13 V*
149

34%

16%

22%

No par

com

!

29%

13 Vs

7%

140

37%

class B

85

28%

13%

160

62%

*16
*134

8

Electric Power Co

♦82

12%

28%

*142

•

72%

41

Pressed Steel Car Co Inc

85

*11%

12%

*

135

62V4

1

*82

12

13

34 y*

7%
*9

8

11%

9%

34

>

11%

28%

162

1

—

85

♦142

♦71%

Pond Creek Pocahontas

*83

28%

•160,:

preferred class A
—100
8%% 1st ser conv prior pfd—100
Pittsburgh Ac West Virginia
100

100

13

13

135

Pittsburgh Young & Ash pfd
Pitts ton Co (The)
Plough Ino
Plymouth Oil Co
:

*12%

13

100

B

11%

28%
*107%

27%

40%
14%

6

*23%

;

24%

68%

68%

18
,

14%

5%

,

17%

89

*86 V2

42%
237/a

42%

42%

23%

24

28%

28%

28%

33%

33%

>

33%

29%

29%

17%

>89

28'/a

33%
29%
108'

41%
23%
28Va
33

17%
*86%

24%

'

27%

♦107%
•27

108

42%

42%

; 23%

23%

;

28%
33%
29%

29%

♦107%

108

28%

Quaker State Oil Refining Corp_10

10%

U

11%

70

70

Radio Corp of America com—No par

10%

11%

preferred

No par

69%

69%

1

8%

8%

8%

8%

8%

100

♦99 Va

99 Va

•99%

♦99 Va

100 Va

27

•27

$3.50

1st

Radlo-Keith-Orpheum Corp
Ralston Purina Co 3%%

pfd

Raybestos-Manhattan
Rayonler Inc common

No par

27

1

*24>/4

24%

25

•30%

30%

50

*20%

20%

4%

non-cum

1st preferred

50

*39%

42

4%

non-cum

2nd

50

*29%

"31%

5

•11%

12%

No par

18%

18%

50c

♦13%

13%

preferred

$2

Reading

Real

Co

Silk

common

preferred

Hosiery Mills com

Reed Roller Bit Co

Reeves
Re is

Bros

Ino

Reliable

dlv prior preference
Stores

Corp

Reliance Mfg Co common
Conv pfd 3%% series.
Remington-Rand common
$4.50 preferred

Reo

Motors Inc

$1
see

page




24.

convertible

10
No par
5
100
50c
25

24%

preferred

26,800
700

13,000
10

600

27%

28

24%

24%

1,100
500

30%

31%

32

20%

20%

20%

400

40

40

100

*30%

31%

31%

100

*11%

•11%

12 y4

18%

•19

19 Va

13%

14

14%

*39

7%

*7

*20%
7%
50%
9%
82

-

22

7%
51

9%
82

8%

8%

^—1

5%

5%

-50c

*2%

Id

8y4

1

Republic Aviation Corp
Republic Pictures common

footnotes

•70

(Robt) 6c Co—

$1.25

For

Shares

31
103

30%
104

*103

85

*83

1

Pittsburgh Forglngs Co
1
Pitts Ft Wayne As Chic Ry com—100
7% gtd preferred
10o
Pittsburgh Plate Glass Co
lo
Pittsburgh Screw 6c Bolt
No par
Pittsburgh Steel Co comNo par
6%

24

Monday
Aug. 15

'

Jan

29

12% July
46

Pitts C C & St Louis

Saturday
Aug. 13

No par
—100

common

preferred

7%

14

.70% May

Feb

$4

May 18

xl9y4Jun

:

Jan

29Va

7

147

Aug 12

-

33

11%

135

y

/;

Par :

PUlsbury Mills Ino

LOW AND HIOK SALE PRICES
Tuesday
Wednesday
Aug. 16
Aug. 17

f"

>>"■>■

STOCK

EXCHANGE

t per share

13

100% Jan

23%

Dee

157

Jun

Jan

15»/4

Feb

138

Jan

113

Mar

12%

I per share
26

NEW YORK

;

Iflgheet

103%

•

Jun

10%

Leweet

I per share

Dec

98%

Range Since Jan. 1

Highest

3
8%

33%

8 per

I per share

share

Jun

17

Oct

share

27% Jan

13

110

7

Jan

111% July

91% Jun

13

15

Dec

10% Jun

13

16 % Jan

12

82%

Feb

21% May
102
Oct

1

99% Jan

5

8

Nov

29%
104%

4% Aug

Jan

Dec

5% Apr

2

18% Jun

May
Apr

Mar

4%

19%
92

Aug

28

18

Jan

28

98% Aug 18

103% Feb

3

4'% Jun

14

6% Jan

6

34% Jan

3

23

5%

Dec

11% May

33%

Dec

41%

Jan

43

Dec

50

Jan

80

Oct

94

Jun

85% Jan

3

98

103% Dec

102% Jan

4

107

48

Aug 10

f

t

v

.

; t

19%

?

f

4%
19"%

20

19%

100

*99

..

20%

20%

101

*99%

Dec

13 %

13%

*94%

95%

*94%

95%

*94 %

4%

",

4%

4%

4%

4%

19%

19%

20

203/s

*98 %

99'A

98%

98%

*98%

5%
383A

5%

5%

5%

'

38%

38%

38%

38%

38%

38%

38%

49%

17

Jan

17%

Dec

3

49

Jun

24% Jan

28

(

Jun

.

*47%

Feb

Jun

15

10% Jun
72

May

8%

Dec

18%

Jan

6 % Jan

Dec

21% Jan

16% Jan

5

Roan

7

Robertshaw-Fulton

3

8

Antelope Copper Mines,—

4%%

27

com—1

Controls

*47%

47%

4%

Ronson

3

49%

*47%

Ruberoid Co

12% Mar 12'

Metal

Art

Inc

Wks

17%

17%

35%

36%

16

16

98;r

106%

17%

,

18%

36%

-A

*106%

38

'16

47%

20

2,500

6

38 %

4.100

38%

*47

98

1,900

99%

49

100

;;

*96%

97%

A' 600

106%

106%'

106 3A

270

18%

18%

18

18%

1,600

37%

16

38%

37%

39%

36,200

16%

16

16

*16

;

400

4%

8%

4%

4%

4%

4%

4%

4%

".4 3/8

1,900

8%

4%

8%

8%

8%

83/a

8%

8%

83/4

2,600

23%

.

23%

*22%

23

*22%

23

23

42 %

1

42%

41%

41%

*41%

42%

41%

42%

*41 %

23%
42%

98%

98

98%

*97%

98%

*97%

97 3A

98%

98%

9,000

13%

13%

13%

13%

17%

17%

50

49%

49%

9

*10%

10%

*10%

10%

5
100

24%

24%

24%

24%

*112%

113%

43%

43%

9%

9%

13%

18

*49

17%

1

(The)—'

No par

(Jacob) —:—

Ruppert

17%
16

98

106%

8,500

20

*97%

*

100

Royal Typewriter

8

•98

98

20

*22%

25

preferred——.

conv

preferred series Al

98

106%' 106%.

36

8%

Rohm & Haas Co common,——20
,

18% Feb

3

109% Apr

No par

13% Aug 18

?

16%

Ritter Company

55% Jan

13

Dec

*17%
35%
*15%
4%

98% May 17

16
Jun 13
39% Apr 25

27% May

Mar

1
—No par

*

42% Aug

28

Jun

17

Rheem Manufacturing Co
Richfield Oil Corp—

13

25% Jan

21

,

96% Apr 21

54

106%

5% Jan

13

12

98%

106%

10% Jan

23

7% Jun
36

19%

x3% Jun

July
29% July

Sep
Feb

*97%

,108

39% Aug 19
21
Jan 12

15% Jun 21

7% May

4%
6%

100

series

19% Jan

13% Jun 13

24% May

Dec

•15%

series

4.50%

2,400

4%

4%

20

100

5%

*47%

4%

*19%

5%

3.60%

200

95 %

*5%

Preferred

13.600

13%

5%

Preferred

Shares

20%

95%

*94

the Week

101

13%

*5%

—10

20%
*99%

13%

j

Aug 18

25,

20%
101

*98%

Mar

'

Sales for
f

$ per share

13%

"

103%

Aug. 19

S per share

13%

13%

■

Friday

Aug. 18

$ per share

'

100

*99

•

share

100

Thursday

Aug. 17

19%

95'%
4%
19%

*94

Wednesday

S per

19%
99%
13%

99%
*13%
STOCK
EXCHANGE
CLOSED
>'.■

PRICES

Aug. 16

$ per share

1
10

—

Tuesday

Aug. 15

,

SALE

HIGH

AND

Monday

Aug. 13

$ per share

Par

\

Reynolds Spring Co__
Reynolds (R J) Tob class B
Common
:—

38% Aug 18

42% Mar-7

A

Republic Steel Corp com
No par
6% conv prior pfd series A—,100
Revere Copper & Brass com—No par
5%% preferred
,100
Rexall Drug Inc
1
2.50
Reynolds Metals Co com
No par
5%% convertible preferred
100

31

Jan

103

91

Saturday
/

Monday, August 22, 1949

RECORD
LOW

STOCK

EXCHANGE

III theft

Lowest

Highest

Feb

22%

NEW YORK

Range Since Jan. 1

Tear 1948

t per

CHRONICLE

STOCKS

lui|« for Previous

t per share

FINANCIAL

STOCK

YORK

NEW

Lowest

&

COMMERCIAL

THE

(706)

22

*17%

23

13%

13%

*10%

18
51

10%

10%

■

13%

*13%

18

13
50

50

*

300

,.
'

'

21,000

13%

3,000

18 %

18 %

600

51

50%

50%

500

10%

10%

10%

200

5,500

,

S
107%

Sep

"39%

Feb

61%

8%

Feb

16% July

113

Feb

Jun

25% Aug
8
113% Feb 16

35% May 11

Jun

7% Jun

48% Jan

13

Safeway Stores common
5% preferred
St

3

St L-San

12% Jan 25

48% May

31

Jun

13

67

Jan

139% May

87

Jun

13

122

Jan

25

58

Jan

101

78

Jun

9

91

Jan

19

9% Jan

7

32%

Jun

42% Jan

Preferred

26

Feb

13% May

Feb

91% May
15% Aug

77

Feb

•9% Jun

14

25% Mar

35% May

22% Jun

14

39% Mar

51

May

46% Jan

6

59

88

95

Jan

Jun

17

x96

Jan

xl03% July 13
78
Jun 29

105

79

8%

6% Jun >1

July

Nov

87%

93% Apr

Nov

90

94% Jun
12

Dec

15% Jun

79

Oct

87

13%

12

Aug 19

91% Mar
100

Aug

3

14

Jan

20

5

30

Feb

26% July

13% Jun 28

44

Feb

62%

Jun

47% Jun

10

55

15%

Feb

20%

Jun

16% Jan

4

19% Mar 18

Feb

59% May
8% Oct

36% Feb

7

47% Aug 19

Mar

5% Jan

27

9% Aug 17

31%

Feb

43% NOV

33% Jun

13

9%

Dec

9% Jun

14

5%

Dec

12% July
8% May

4 % Jun

14

35%
5

-

9% Dec
94

14%

Feb

6% Jun

Jun

104

Jan

77

36% Jun

24% Jun

46%

Oct

21% Aug

17%

Feb

27%

Jun

22% Jan

68

Feb

79

Dec

77

9

Dec

15%

Jan

12

28%

31% May

5

Shamrock

37% Jan

7

Sharon

May 18

10

Mar 11

30

Jun

13

.Jan

3

6 % Aug 17

3%

(W A)

$ per share

Dec

36-

34

Dec

44

15

Feb

92%

Feb

18

Dec

80

Sep

4% Jan 12

Jan

29

July

>

'

19

25

39%

Jun

22% Aug

14

31% Jan 24
88% Feb
3
100% Mar 25

26

Jun

10% Jun

7

23

Jun

14% Jun

14

104%

Jun

97% July

7

5

May

3% Jan

3

8%

Feb

52

Jun

7 " 11%

Nov

36% Mar
36

Oct

7% Jan

45% Aug
60

40

Oct

Mar

53% Mar

16% Jan

*

11% Jun

44

26% Feb

Aug

17% Jan
17% Jan
.

9 ;

1

47
*

14

26

Aug

36% Jan

7

29% Jan

5

28% Jan

3

62% July

32% Jun

13

49% Jan

33%

Feb

58%

Feb

65%

Dec

12%

Dec

4'

Feb

4

Dec

631

Aug

50% Jun

25% Jun

14

July

45% Jun

13

-

•

7%

Dec

29%

7%

Dec

14

15%

*'

Feb
Nov

19%

Dec

104

5
28

23% Feb ' 5

Jan

100

Apr

30

Oct
Nov
Feb

27% May
109% Oct

97%

Feb

121

54 %

Jan

73

Jun

55

Jun

13

36%

Feb

53

Jun

36% Jun

14

69%

Feb

91%
,

Jun

82

Oct

Jun

13

3

109

Jan

4

145

92% Jun

60% Jun 13

23% NOV

35

20

89

26% Jan

97% Jun

Feb
Feb

36%

Nov

jun

15%

Jun

96% May

Oct

12

Jun

43% May

40

Jun

13
9

14
7

11% Mar

41% May
15% May

32% Mar

39% Jun

35% Jan

3

Feb

97

94

6

88

x27
10

Jun

23%

Dec

12%

Feb

36% May
16% May

9%

Dec

18

15

Dec

20

11%

Jan

16% Mar

Jun

15

July 12
Jan

24% Jan

3

9% Jun

17

Dec

99%

4%

4%

3,200

8%

8%

8%

8%

8%

8%

8%

8%

8%

12,000

49
62

35

35%

35%

36

36%

36%

36%

36%

37

44

44

44

44

32%

32% '

32%

32%

32%

33

32%

33

40

41

fa

preferred

25

California

Edison

43

Co

No par

j.

(AG)

& Bros Inc

33

323A

32%

40%

39%
52

62

11%

4

70 '

1

25%

2

8

par

*69

*28%

No par

•103%

Brands Inc com—No par

20 %

Jan

preferred

No par

prior

preferred

New

preferred series A

Standard

Stevens

(J P)

13 % Aug

Stone & Webster

24

Studebaker

6 % Feb

90

70% Nov
120

July

52% Feb
117

15% May
21% Jun

9

For footnotes

page

Jun

8

37

J

Aug 19

.

7% July 27
94% July 20

10

61

17

120

6

Sun Oil
(

Co




•

*88%

-

31%

31'A

'4%'

20%

20

20%

89%

..

89%
31%

32

.

25%

8%

15%'

28%

23%

l; 67%

89%

'31%

20%
88%
30 3/8

88%-

42%

42%
68%

68 %

26

25%

26%/

67%

x25%

25%

*100

t

101

*100 %

100%

42 %

42

42

*41

42

*31%

33%

*31

32%

*10%

5

40 %

*31%
11

x40

*98%

30%

n%

nya

.

12%

*

100

*98%

»•'.

32%

1043/4

130

20%

8,500

40%
100

v

67%

100

15%
-

11%

/

89

143%

141

68

42

*31%

:

32%

11%

11%
40

68%

25%

200

,

200

3,500

100

*99 %

100

99%

99%

100

30%
*

31

30%

31

2934

30%

3,600

11%

117/8

11%

12%

12

12

2,200

13

13

.

\

12%.

.AA 12%

12%

171/4

*17%
16%

17%

*17%

17%:

17%

17%

16%

16%

16%

16 34

16%

16%

22%

23%

22%

23%

22"%

23%

23%

22%

23%

No, par
1

36 %

36 %

36%

36%

36%

36%

*36%

23%
37 ; -

37

37

94

8

13

4%%

preferred

series

A

4%%

preferred

series

B

19

,1

12.50

*7%
*94

56 %

*118%

—25

49% July 13

7%
94

*56%

25

7

Inc

100

11%
40

16%

7%

56 %

*118%

7%
95

56%
119

700

3,700

12%

11% Jan

Biscuits

9,700
..

16

31

31

40

26,900

42

*11%

40%

12,400
A

101

15%
*41

>

11%

40%

8

25%

800
3,400

12,500

425/8

68 3

•100

16%

Av

68

42%
•

100 %

*41

67%

-

17

100

common

57,500

143%

16%

No par

pfd,:

/A< 40

32%
127

393/4
*99

-.1

30%

jp,

141

89

126

17%

*17

110

1,000

I6ya

,12%

'*

<

2,300

128

*10%

11

30%
.

3,800
.

28%

30%

42%

68%

25%

41%

66%

25%

*127

130

*42

?

r

31%'

67%

41

67%

"30%

67%
15%

20%

20%

41%

41

,100

,

104%

104

673/4

*128%

16

*

-13

400
2,100

28%

65%

11

30

.'"V

8%

8

67%

15%

66

65%

40%

2,200

25%

65%

A.

;

4%

25%

143%

101

10

24

143%

*100

200

72

24

145

25%

V

*4%
*69

144%
-

1,700

;

144%

-

4'/a

24%-

129%

""

v700

4

,

67%

104

104

11%

•*..

xl5%

19% Jan

34.

,

20%

16%

17% Jan

Sunshine

89%

t_

''

16%

14

14

•

'

104

104

104
jj'

20%

*10%

No par

common

Sunray Oil Corp

28%

.

r

60

1

Corp common

Class A 4%%

28%

66%

,_20

$4.50 series A preferred

Apr 13

July

Chemical

28

25%

5,400

*59

'

72

1

11,000

31%

6,900

52%

No par

prior preference,,,

Corp
Sunbeam Corp
Sun

15

16%

36% Feb

July
see

Jan

7

Aug

68

14%

"16%

Stokley-Van Camp Inc common—1
5%

♦67%

14%

27%

104

4%
*24

8

8%

8

8 %

67%

40%

—100

15
July 8
16% Jun 13

26% Jun
43

Jan

„

2

25%'

143/4

29%

5

Corp

17% July 29
17% May 17

25%

67%
'

15

& Co Inc

Stewart-Warner

v

•

41%

41

4

*69

24%

1

Inc

Sterling Drug inc common
3%%
preferred—i

27

4%:
72

■

11%"

4

24%

No par

Starrett Co (The) L S
Stores

4%
*69

25%

65%

Steel

Bros

'4%

60

5,500

31%

143

Spring common,—1
convertible preferred
50

Sterchl

3%

4

11%
4

*59 ,/

500

33%

A

*51

129

common.—10

of

'

11%

•i

52%

130%

Jersey,,—25

Oil

4

10

30

-

2,200

44

32%

32%

32%

*51

130

No par

Standard Oil of Ohio

3

16% Feb

*88%
;?

:

11%

'72

8
7

15

1

59

24%

8%

67%

15

59

.

500"
1,700

323a

%
41%

*10%

52%

25%

-

41

'

32 %

52%

»

*42%
;

32

.

31

24%

25%

67 %

5

'4%

"

•47%

•>

52

•

*3%

24%

49

62

11

414
70

*24

-A

30%
'

*59

-

4

4%

A

.

'

-

40

30%

*10%

1

preferred

-

52%

1

Conv $4.50 preferred
No
Squar- D Co
Squibb (E R) & Sons common

323A

31%

No par

t

45

32%

*59

—1

No par

45

*51

-

100

common,;

43

30%

'

.

32%

39%

l

32%
32%

l25
7.60

non-cum

4%

31
Aug 17
14% Jan
7

600

12%

34"%

25

11% Jan

17%

99%

4

'

49

9% Jan

98% May

18% Dec.
34% Mar

100

28,200

100

4

62

3%%

2

A

16

100

4

12 %

Standard

18

■;

100

4

*61

,

Standard Oil of California,,_No par
Standard Oil of Indiana
25

7

Jan

15%

100

*47%

12% Feb

Dec

Feb

13

'

16

10

800

4%

r-100

*61%

15% Jan

Nov

Jan

38% Jan
41% Aug

15%

15%

200

4

100

12%

$7

24

12 3%

49

Jan

"fl%

0%

Jan

12%

61%

18% July
29% Jun

91%

113%

44

12%

A:

24%

12

$3.50

8,

♦12

24%

61%

Jan

«

28% Jun 13

50% Mar

16% Aug

99%

12%

2,000

85

*98%

12%

Standard G & E Co $4 pref—No par
$6 prior preferred
No par

100 % Aug 18

*83%

99%-

61%

$4

7,

243A
85

*98%

12

Standard

68
Aug 18
42% Aug 17
74% Jan
7

♦23%
*83%

61%

5%

,

Aug 16

243A
99%-

♦47'A

Sperry Corp (The)——;—
Spiegel Inc common,

32% Aug 19
130% Aug 15

:v

400
400

24

12

Mobile & Ohio stock tr ctfs

89%. May 12

3

24

24%

30,400
"

20%

61

Spalding

98 % Jan

22%
105 3A

*19%

49

Pacific

18% Jan

24%

22%
*103

20 %-

12"

A',;

Railway common—No par
preferred
100

21% Jan 10

22%

106%

♦193A

4%

*47%

*,50

Southern

9

1,700
1,300

? 100

8%

,

50

preferred—,
Greyhound Lines

Southern

104% Aug 19

/

*47%
61
f

8

"Aug 10

22%
105%

223/a

84

15%

Shares

2%

12%

Southern

71% Apr 28
16% Apr
6

2%

3

12%

conv

Southern Natural Gas Co

10% Mar 31
<

the Week

5

5%%

7

13

17%

11%

Co com-4.50

7

17% Apr 25

Jun

79%

38

153/4

*23%
84

*

Sales for

4

ul

•...

29%

86

Oct

15%

••

Friday
Aug. 19
$ per share

South Porto Rico Sugar com.No par

29% Mar 30

13

*2%

24

12%

Southeastern

■>

100

25%

24

12%

$5.5o preferred
;
Spencer Kellogg & Sons

Jan

2,700

31

24

12%

Aug

6% Jun

5,000

6%

31

24'

12%

preferred—

36%

6%

25%

23%

12 %

& G

100

1,000
A

35%

6%v

25%

105

♦98%

May

13% Jun

21%
105

99 %

25

64

23% May
29% Jan

21% Aug
95

May
May

74

21%

86

E

A

36

31%

23%

15%

3,600

f;

13 %

Thursday

20% ' 20%

100

4,500

13%

'243/4

20

15%

6%

/

12,700

13%,

*30%

103

100

35%

31%

A

83

31%

20

;

'

9% A. 9%

$ per share

2%

103

24

5,500

A'"

'

Aug. 18

20%

243A

Carolina

35%:,,
:■ 6% a

*19 %

Socony Vacuum Oil Co Inc
—15
Solvay American Corp 4% pfd—100

♦13%

13%

30%
*81

9%

25

*98

73

7

25

*30%

*24 ': '

Sparks-Withington Co

24

2%

*83%

Spear & Co

Feb

21%

>

9

$ per share

99%

Jan

Jan

82

24

5

21

30%

82

86

6% Jan

22%'Jun 13

30%

9%

*

5%
1

13% Jan

68

Jan

21%
104

30% A

*98%

3% July 19

30% Jun

21%

600

8%A
82

82

*83%

26-

66% Feb

,

4%

8%

23

*13%

,

25%

*102%

4%
*79

28%

6%

31%

STOCK

A

8% A
82

22%

34%

2%

25%

CLOSED

8,800

27%

Aug. 17

*30%

EXCHANGE

18,100

13%

28%

Wednesday

25%

-

1,300

41%

HIGH SALE PRICES

31 %

Jan

27

2%

2%

2,100
2,500

9%

41%

•A

4%

18 3/4

47%

9'/a

18%

23%'

Aug. 16

25%

preferred

3% May 23:

8% May
73 * Jan

Feb

,

10% Jun 20

Jun

22

Jun

3

4

%y

*30%

Jan

61

Jan

May

41

70

73

20%

61% Mar

34

'

59

2%

200

28

;"9

$ per share

share

'

3,700

23

100

3%%

South

v

45
Aug 16
3278 May 5

1

20% May

,5

per

8%

10

15%

23% '

30%

6%

AND

*4%
*79

60

2,200

50%
<

27%

*82

No par

t

South Amer Gold & Platinum

8

30% July
30% July

Feb

■

62 , Aug
8
14% Apr 26
39% Jan 10*

42% Jan

43%

7

16
8

Dec

Feb

t

A

'.

Tuesday
1

-

15 %

*49 Va

27%

35 -;

6%

Monday
Aug. 15

4.20%

,.8

Aug

*.

25% Mar
20 %

34%

"A'

8%

100

-v:

22%

82

9%

4% A
82

preferred——
—100
Smith & Corona Typewriters_No par

.

100% Jan 24

4% Apr

13
3

Co

*—15
Sloss-Sheffield Steel & Iroq
20
Smith
(A O) Corp,
;
10
Smith (A) & Sons Carpet Co com—20

Jan

3

Feb

'5% Mar

Jan

83% May 21
95 % Jan
3

Apr
July

Simmons

Saturday

9 per share v~

■:

No par

Jun

Dec

Nov "
3% Nov

«

21% Jan

Jun

A/AAa./V Par

•

Silver King Coalition Mines

7

127% Jan

14%

96

6%

Aug. 13

Sinclair Oil Corp—
Skelly Oil Co,

14

14

16% Jun 20

Jun

i

V

V

'V

273A

LOW

STOCK r

83/8
*79

22 3/4

*13% -13

343A

6%

4%

%"

223A

*8%'

V

34%

a:

5

8

30

47%

'

13%

82

80

83%

13%

42%

30% >: 30%

*13% .13%

i

47%-;
9%:A

13%

'

-

•

'

18%

*9

41%

*81

9

'

46%

13%

26%
A

30%
,...

50%

413/4

8%

<

*

15%-

12%

*4%

82

A

*99

413/g

600
A

12%
12%
*87% '•89

88%

13

23,800

106%

*82%

13

1,600
1

96

95%

'

*105

100

41%)

*79

23 %

■A

"

83%

12%

26%

*81

95 A'

106 %1

18%

*

1,650

59

40%

''A

82

9

1

24

18% Jun
97

98

9%

303/8
'

Np par

Oct

90
-j.

46%

A

58%

15%

'19%

9%

22%

15

Simonds Saw & Steel

Jun

160

19%
453A

26

58%

♦49%

19%

*79

Nopal
1

36% Jan

1

15%

39

27% Jan

35%

Dec

91

May 31

25%

Dec

27%

22

f

:

'

153/4;
50

9,500

29%

*86%

15

9%

29

13 A

45% A

7

82%

"*81

11

100

13

50
'

*

10%

*82%

88%

9%

♦45/8 A- 5
8%
8%

1

No par

Co

•i

15%
503A

6%

■'

11%
29%

♦105 v-

100

19

12 3/4

A—No par

EXCHANGE

# per share

;

6

May

32% Jun

;

Feb

23

2% Jun

NEW YORK

Highest

t per share

7% May

Dec

Pen

15%

12%
*86%

7

82 A

91

58%

823A

45%

41

Shell Union Oil Corp
Sheraton Corp of America

Range Since Jan. 1
Lowest

Highest

25

;

Sheaffer

10

99%

13

6%
♦81

1,600

100

*88

95

9

123/4

No par

G)

100

*49

STOCKS

Year 1948

I per share

Gas

823A

•95%

7,200

36%

36

:

-

2,100

9%

29%

96

18%

40%

1

common

(Frank

Ksnre for Previous

Lowest

&

82%

■

106%:

46

83A

;

*105

18%

No par
:
1

—

*94%
A

A

<

46

5

Co

94%
106 %

87%

15%

Steel Corp,,

Shattuck

39% Jan 21

5

14% Feb

8

Oil

58%

13

50%

No par

$3.50 conv pref series

7% Jan

,

Oct

15%

common

Sharp & Dohme

83

'46% Jun

Dec

'

31% Aug 19

10

-

14 *

Feb

4%

,

$4.50

preferred

*58%

7

6%

87%

No par

Servel Inc

&

58%

'

5

Roebuck

293/4

*98%

100

♦49%

—1

5

8% Jun 13

*98%

100

Co of Del

7

Sears

29%

*81%

c__No par

A

Seagrave Corp

11% Apr

Mar

v t

com

series

Seaboard Finance Co
Seaboard Oil

293A

A

94%

13

11% Jan

4

Feb

preferred

11%

88

101% Feb

4

Feb

5%

11%

*105

82

12%

Seeger Refrigerator Co
Seiberling Rubber Co

13

30

Seaboard Air Line

11

81 %

103A

96

106%

*86%

36
91

50

44

'A'A: 9

100

*88

81

58%

100

353/4

*95%

,

91

7

58%

(The) common—5

Co

preferred

Aug 18
13% Aug 17
6% Jan
7

13

24% Nov

3.35%

42 %

3^

Jun

Jan

preferred—.—1

4.30%

Scranton Elec

87% Aug 16
18% Jan
7

83

36

100

H

29

82

24%
112%

43%

81

29%

,100
—100

pfd

353/4
*88

24%

112%

43%
9%

9%

9%

*95%

24%
113%

43

6%

283A

*94%

24%
*112%

.

43

*79%

A

80

•105

Co 3.65%

35 ?8

100

11

No par

24%
113

8%

91

11%

No par

preferred

Scovill Mfg

8

Jan
Jan

12%

Apr

*58

35%
*88

11%

No par

Paper Co common

9%

*95%

7

6%
80

$3.40 preferred

8

A

1123/4
x43

43

<

8%

91

$4

13

43

100

*873A

Scott

May 5
12% Jan : 7

*

30% Jan

*95 %

preferred

non-cum

24%

*112%, 113%

36

Co—100
100
St Regis Paper Co common
5
1st pfd 4.40% series A
100
Savage Arras Corp
5
Schenley Industries Inc
,1.75
5%

87

8

A 36

vtc—100

A 5%

series

St Louis Southwestern Ry

Aug 10

8 "

■,»

Lead Co,
10
F By Co com v t c—No par

Joseph

,

/

12%

7%
*94

56%

*118%

13

7%
95

56%
119

7%
*94
57

♦118%

7%

95%:
57

119

A

7%
*94
57

*11814

73A

7,500
V

400

•

7,600

25,600
500

1,600

95%

100

57

700

119

10%

10%

10%

10 34

10%

10%

10%

10%

10%

103/8

*15%

15%

*15%

1534

15%

16

16%

16%

16

16

191%

19%

19%

19%

19%

19%

19%

19%

19 %

1,100

48%

48%

48%

49%

49 %

49%

48%

49

3,500

•

;

19%

48%

48%

.

11,100
2,700

Volume

THE

Number 4831

170

COMMERCIAL

NEW
Range for Previous

Highest

•

i

S per share
9

Mar

135/o
31

Dec

8V4

>44%

NOV;

127

>16%

Jun

;

10% Apr

■.

LOW

14

Sunshine Mining Co

Jan

11

Superior

12

Superior Steel Corp_„

17

•Jan?

36

Oil

Sutherland

7

of

L—

Paper Co

;

7% Feb

25

9% Apr

26

Sweets Co of America

Jan

.27% Jun

14

32% Jan

25

Swift

Jan

8% Jun

14

12

21

Swift

Feb

26

Jun

,17'/8 Aug

Dec

91

Aug

;77% July 13-

17 V8
79

v.

"

43/4 Mar

7% May

3% Jun

Feb

24J/a Jan

5

7

Sylvanla Elec Prod Inc

2

$4 preferred
Symington Gould

9

*7 3%

18

73s

9%

17%.

:

79

4%

9% Mar

-

113/4 May
5% Jun

9% Jun
2% Jun

6

11'/a Aug 18
43/4 Jan
7

Talcott Inc

Dec

14% Mar

19% May

13% Jun

14

17% Aug 11

Tennessee

67

52

Nov

15%

Nov

14

Jun

48% Jun

13

593/4 Aug

18

Texas

253% May

113/4 Jun

14

17% Jan

7

71»/4 July

56

Jun

14

25

Oct

16% Jun

14

29

Feb:

333% Feb

7

48

Dec

483% May
653% May

Apr 25,

36

Jun

16

46

Jan

3

Texas

Dec1

20% May

8

Jun

13

11'% Jan

7

Textron

24

Dec

14%

Jan
Jan

25'% Apr 19
12% Jun 23

Apr'

Y 15% May

53/4

Dec-

103/4 May
47 % Jan

Dec

63/2

Dec?

13%
24

393/4

4% Jun
35

Apr

Apn-

Jun

Oct i

7%

10'%

Feb

Feb •
1% Mari

95>/4

19%

Feb'

;;17-Y Mar

Mar

14% Jun

7%
2o3't

2°%

29%

29%

2,100

9'%

93%

9%

9%

9%

3;300

18%

6,400

>

17%*

173%

18

78'%

793%

80

,41%

4%

4%

17%.

'.

,

Y 7% Jan
20

Jan

73% July 27
34»% Jun

Jan

2'% May 23

Nov

23% May 19

323%

Jun

19% Jun

July

10

Dec;

13Jan

10

Jan

223/8 Mar

10

Jan

11'% Jun

19

4

23%

105% Jun

19

Nov

15% Nov
Feb.

24

V

33/o

3%

3%

3%

*3%

33/4

500

163/4

16 3%

16%

16 3/2

16 3/2

58%

58 5/8,

593/4

583/4

59

17,400

16

16

163/4

16

161/2

*10%

573/2

57%

15%

.151/2

V

9% Jun

Jan

X153/4

.

12

Mar

65

601/2

65%

65%

643/4

19%

.193/8

20%

20

203%

20

203/a

10,000

40%

403%

:4034

42 3%

42%

423%

41i%

42%

5,400

431%

43%

*43%

44

43%

43i%

300

9%

10

10 y8

10'/a

3,900

14%

143/8

14'%

3,200
1,500

1

s

■

V

1 -

■

41

40'%

V
■■'■vY,/

v:

42% Y
9% ;

42'%
938

*42

'

V/V-'Y:

15

43

9%

,.

5% /' 5%

51%

51%

383%

37%

383%

:

•

*37'%

:

.

"

3

iV v

'

>>..•

Pnrp

13

.5

34
22%

Y-Y'"

Jan

32'% Jan

6

98 y2 Jan

13
' 3

7 3% Mar 14

Jun

20

293% Mar 14

5%

Dec/

14%

Jan

43/4 Jun

13

9%

Dec

12

Jan

8'/a Jun

14

10'/a Mar 17

Dec

593/4

Jun

391/2 Jun

17

46

9% Mar

16 3%

Jun

i0%-FeV

5%

•

6% Jan

Twin

7

prior

com

:

Coach

Co

■

;

'.yY-'1'; ll'/a

.11%

36

V

,

1

„

163%

401/8

113/8

15%,

800

23%

9,300

1051%

8

ll'/a

.ll'/a

22

40

";11%

11%

ll'/a

ll'/a

6,600

16i%

16

16'%

6,800

*123%

'.36
102

13%

13

133%

200

8'/a

32,300

7

27'%

*27%

5%

*5%

*5'%:

393%

f

.j

8'%

7Vb

1021%

♦101'%

4,100

1,900

102

140

103%

11

10%

103%

6,400

22%

22

22'%

13,400

;36'%
*100'%

7 3/a..
28

17

39%

17

22%

36i%
102

*1001%

7

*7

.

3 6'.4?

Y

273/8

8
102 y4

102 V

*1001%
\

:

221%

*35%

'

6%.

-

nya\

221/a

160

173%

x393%

1023%

101%

•

.j

6%

53%

34i%

23%

105'%

■

13%

7%-

;Y'v,';
*

34%

3,700

23%

16

••

'

4

1051%

ll'/a;?

16'/a,.

v

4

16.

11%

*12%

1,500

91'%

>17

40

13%

8VB
41%

Y

233%

,34%
•

171/a

X39 3%

300

1,000

*1043%

233%

36

Vi;

28

5 3%

.

34%

-

41

*90

41/a
353%

20

3i%

*73%

8'%

4

4'4

105'%

102

7

*27

..

:

102

*6%

.

*34

7%

;

.

,

17%

*3

41

YY 4

102

420

39

17'%

91% Y

,22%

.213/4

36

-

*100'%
■'

*73%

.'41

*1043%

u

-

3i%
173%

*90

4

73%:

213%

*3

8'/a

223%

Y 102

*38

38

91%

1043%,

!

21%

1,400

403/4

34

*12'%

7% Y

5i%

403/8

153%

.-S

5i%

*17%

11%
v;

102'%

r

17 Mr

393%

V:f

13%
■

"

*90

/

16% ::17V-.? >;

11%

16%

5%

38

22%

3934

11%

*12i%.
7%

V

J00

55/a

*73%

;

91%

4

14i%

*

1043%

Y": ' *101%

V

50

preferred

'■

v

common—
1
Nn par

Cpal Co_Y—r
5
Century Fox Film com—No par
$1.5Q oonv, preferred—J
No par
$4.50 prior preferred-—,. No pai
Twin City Rap Transit com
No pai

36% Aug
8
102% Aug 112

4'% Jan

,

16

No par

8'/a

6%

31'%

*133/8

,

.

3

;n%

40

;

34

Yi7V'v. v

"•::?:YyY 39%.

■

l

5

20th

Jun

YY

22%

17

2

*7%
*90.

105

.»

par

17%

/Y 40

91'%

104%

YYV

Truax-Traer

16'

.

"■

,

40
,

34

>Y,

\v

10

Nn par

7,V,

?

Tri-Continental Corp
<RK
preferred
;

8% May
323% Jan

8'/a

*7%

'

6'%
303%

13%

383%

3

3ya

*17

4'%

No par
com

t

,

3'/a

17%

17%

'

6%
31'%

"

"

is

,

3

"

YY

*6 3/2

13%

r

5%.

*371%

x643/8

313%

6%'

143%

53%

/

"■
■

Y

143%

31

31

*131/8,

,

14%

f 6%

141%

40

15 y8 Jan

3

6%

31'/a.'

*133%

*90

24'% May

13

*63/e
*31

14'%

-

9%

141%

14%

31%

No par

13

36%

24

v_

Transue & Williams' Steel

Aug 18

■: Y 9%-

9%

.

14'/a

63%

6'%

1

com

Jun

8 '/a

103

10

Y-

65

*13 VB

Transcont'l & Western Air Inc_

4 5

lb % Feb

13-

19y8 Jan'

Jun

yyy *141%

»
t
tftfl!
Co com—No par

preferred

Transamerlea

9

600

193/B

*31

TlmkenrDetroit Axle
'
Timken Roller
Bearing ^
Nn

16'% Aug 10

*11

ll'/a

65

par

common

preference ;
Water Associated Oil

*3 7R

11%

19% .-

v

No par

$3.50

10

100%

j

Co

preferred '

Tide

113%

16%
57%

TSTn

preference

Thompson-Siarrett

1

25% Mar

Dec-

cony

Fair?

4%

43% Mar 30

1

6'% Feb 11
98'% Feb

193/2 Aug

17% July:
3r% Dec/
Jan

Apr

1073/2 July

■12% Mar

4%

37% Jun

10% May

Nov

92

May

'

35% Aug 12
25'% Jan 21

14

55

5%

100

31/8
16 3/2

11 '%

65 %

50c

•

Thompson IJ'Ri
Thompson Products

9

*7

90'% Aug
2
4V« Aug 15

1023% May 3
13 VB Jun 13

23% May

Mar

9

459$ Jan

15

84% Apr 14

Dec!

96

113/4

3»/B
163/2

65

—

6

1,500

<

19

$2.50 conv preferred
50
1 Third Avenue Transit Corp_No par
Thomas Steel Co
(Tbe)j
1

8

Jan

290

4%

4%

14,200
5,400

—100

common

$2.40

X39% July 18

7

40

95/s

Pacific Ry Co
Inc

Thermoid

80

*79
:

15%

preferred
_No par
Thatcher Glass Mfg Co common
5

19

17 y8

v

4%

700

573/2 *

conv

The

8

8

7%

153/4

L

;

Jun

104%
?

6% Jan

2

43/4

Jan

f

-

900

33

.

57

No par
10

r.tfs

$1.25

4

1,700

33

7%

33

25

share

&

400

10

10

Pacific Coal & Oil-

Rnh

32'% Aug
5
13'% Aug 12

17

31%

19% Mar

•7% Aug

% 1% Jun 20

/ 59'/a May

85

95'/a

Texas

153% Jan 22

4% Mar 21

46%

Dec;

123/e

19

65% Aug 18
23% Jan
7

13 % July 12

May

253/4

.343/8

*10%

33/8 *
16%

"

Dec/

5'/4

*16 3/2

Co—_

Feb
'

'

3 3/8

5

Gulf Producing Co
Texas Gulf Sulphur

Nov;

X143/4

ll'/a

*10%

—5

Texas

19

10%

9

:

Corp

Corp

4,200

164

93%

29 3%

33

:78%

r

4%

"

47

,453/8

(James)___

Telautograph

9%

9'%

33

1

33/4

Shares

*156

10

the Week

share

7%.
29%
9%

18

79

Y

43/a

9%
155

9%

fe»

Sales

Aug. 19
$ per

33

29%

9%

-

18

9
155

9%

9%

7%.

-

29%,

793%

*4%

9
155

33

'

v

9'%.

*79

l

■

33

8

9

'

10%

Friday

Aug. 18

155

*93%

29%

93s

Thursday
$ ner shnr»

$ per share

155

29%

No par
No par

com

;—=

Corp

9

*151

9%
33

CLOSED

:

$ per share

9

33

EXCHANGE

25

>

51/4 JanK 7

STOCK

(The)—4.16%

Ltd

23

PRICES

Wednesday
Aug. 17

155

9%

10

i

International

Mar

89

14

Co

&
-

8%
*151

50

BALI

HIGH

Aug. 16

S per share

25
—_

(707)

Tuesday

Aug. 15

"

10c

California

AND

Monday

Aug. 13

$ per share

Par

Jan

Dec

CHRONICLE

RECORD

Saturday
.

.

'«

1 '

>

•

22

Dec

8%

STOCK

STOCK

143/4 Jan

168

15

30% Jun

YORK

36%

28 Va

YORK

EXCHANGE

t per share

93% July 11

Jun

NEW

Highest

7% Mar 25

Jun

19% Jun

■

Lowest
I per share

11% Mar

-

235

Dec

Range Since Jan. 1

.

«

Sper share

Dec

140

FINANCIAL

STOCKS
?'

Year 1948
Lowest

&

'■

■

Y

7

27'%

55/a

5%

Y

36'%

36i%

800

102

100

7i/a

•.-.*

=

400

27%

*273%

273%

30

5%

53%

5%

600

U
■

39

Jan

27%

Feb

39% May

19 % Jun

17

31% Jan

37%

Nov

433/4

333/4 Jun

13

42

103

Oct

110

Nov
Jun

107

Feb '.

98'

Jun

94

80

Nov

90

Jan

86% Jan

7

21 3/2

Feb ;

38% July
963/4 July

25'/8 Jun

13

73'/4 Jun

14

51% July
Jun

48 '

Apr

16

51%' Feb

31

Mar 28

41%

04

V

243/B

Union

Carbon—No;

39%

-40

Un El Co of Mo

pfd $4.50 ser__No
series—,—No
$3.50 series—:—No;

*110%

Year 1948

Y94Y; Aug,

Highest

f per share
22%

Dec

1033/4

Nov

$ per share

30% May

Oil

Union

i%

r,';

y.

share

i

.

'

Aircraft

5%

10 y4 Jun

13

14% Mar 2d

United

57% Nov

90% Mar

61% Jan

3

19

23>A Oct

19% Feb 16

77
Aug 8
24% Aug 11

United Biscuit of

103

*6%

Dec

27%

Feb

29

293/4 Jun

July
5% July

29% Jan

3

333/4 Mar 17

Uriited-Carr

21/4 Jun

13

Unite

403/4 Jun

13

31% Apr
6
45% Aug 19

2% Jan
3
33/4 Jun 24

vY 4'/b Aug 17
7% Aug 19

4% Jun 28

36

Nov
Dec
Feb

3% May

Feb

9

55

J an

May
82% Apr

38% Jan

13

Dec

•

16%

Feb

t

283/2

Jun

14% Aug

2

Jan

46 3/4

Jun

34% Jun

22

48

Feb

58% May

x44% Jun

7

45

Jun

65

18%

Dec

11%

Dec

.

23

May
213% May

July

19

163/4

Feb

89

Feb

153/2 Feb
92% Feb
166'/a Nov

101

Jun

3

United

Electric

United

■,

7

United* Fruit

8

24'A May

May 17

17% Jan

8

U

x89'% Jun

13

104i/aJan

20

U

175

10

183'/a May 12

Dec

173/4 May

Dec

76

Dec

6% Junr

Jun

42%

Dec
Dec

36

11%

Sep

21j/4

8%

8% Jan

6

43

Jan
Jan

3% Jun

Jan

13
3

21

V

U

8% Apr

18

491/2 Jan

28

U S

61% Aug

18

Dec

373% May

19% May

253/4 Mar

8

86

Dec

94

82

37%

Dec

43

46'% Apr

63%

72

Apr

643/4 Jan

13

72

20% Jun

13

140%

Jun

1293/4 Jun

' 8

Jan

1293/2 Mar

133

Jan

U

18

•

241/4 May 14

U

com

Co

com

Co

Feb

19%

18 % Jan > 4

21% May 19

42% May

383/4 Jan

3

433/4 Feb

6% May

4% Feb

24

8%

Dec

123/8 May

85%

Dec

98%

Jun

2% Dec

6%

■

Jun

Dec

34

16

Feb

20

8'/2 Jun
80

*•.,

Jan

21

Jun

14

87

Apr 29

2% Jun
Feb

4

29

Aug

Co

non-cum

Steel

S

U S

United

:

173/2 Jan

7

12 % Jun

14

4

Mar

10%

Jun

3% Feb

25

7% Aug 12

Feb

23%

JUn

193/4 Jan

17

233% July 11

150

Feb

170

Dec

1151/2 May

May

156

Mar

170

5

1

Jun

Sales

Aug. 19

Shares

.

223%

22
*106

for

the Week

V

6,300

107

133%

V

13%

5,200

,

76%

24

24%

*1043/4

105

74

:

200

74

23%

241/4

104%

104'%

2,200

5%'

5%

331/4

53%

34/

190

27%

45

221/s

■

<

75%

'■

127,200
3,300

.

V

513%

52

51'%

51%

13,800

17%

...

17%

16%

173%

17

17'%

70,200

223%

223%

22%

22%

22 '/a

'

*21%

12%

24'A

22'%
12%

55'%
16

"

141/2

60

16

.,160

16
40

900
700

8,400

123%

12%

12%

*21%

23'%

*21%

23

*21

*21'%

23'%

100

241%

243/4

9,100

973%

97%

110

24%

24%

23%
24%

97

*96

14'%
95

97

97

'

15

14%
96%

*181;

185

553%
*39

23

23%

95%,:.

94%

4%

71/4

517/8,.

23

*181

400

45%

4

7%,

39%.

*22

*14

96

181

5,400

50i%

.

97

-

i;900

I

55'%

12%

:

45%

4'%

7%

\

3934

22

*96

3

45%

4
.

35

2%

3

45

-

34

*333%

1,400

6

34'%

*33

2'/a

5%
*33'%

34%

33%

*15%

*8'/8

8'4

8%

185

8

461/2

*45

46V2

*44

23%

*233/2

24

Co

96
.

15

'4

97%

*181'%

185

14
96

*182

13

16,900
200

23'%

14

600

963%

10,000
•'

184

19
16%

16

16%

4

151%

10

31%

*70'/4

5o
50
r

22%-

*421/2 '

25
1

5 %

133

900

253%

24'%

25'%

4,400

92

21

40%

703/a

*69%

54,600
1,600

21

*423%

5'/8

5%

*

*23%

25%

*24i%

14

*13%

14%

*14

14

•

7 V*

-

-

7

'7%

23

*165:

166

:

21V

20'%

20%

*423%

433%

10

9% " 9%

*86

88%.

3%
25'%

23%

20%

43i%

4%

5%.

*84'/a

7

233/8

20%
*42%

'

431%

33/4

i

3%.

7%

23 3/8

23

100

23%
133'%

25V2

•;

70'%

22%

*23'/2
.

910

1,200

133%

2

,

*70

40%

23'%

50
1

11,800

120

133%

10 -*

1

33'%

'

40'%

233/4

88%

com_No par

333%

1193/4

132%

10

3%

40%
70'%

92

23'%

*84'

9%

*84

33%
120'%

1,000

1333/8

88%
3%

9%
•

x33-%,
Xll9%

40%

*91'%

8 3%
46

22%

43%
•

34%
12034

92

*7'%
46

132%

21

'•5%

*91

v

*69%

22%

*421/2

5%

46

39%

120

133

43%

-

5,400

24%

331/4

"

70 *';

-

500

16

16

25

33i

Universal Laboratories Inc

3%
*25

*14%

14i%

7%

IV*,.

*23

23%

5

1,900
■

*4%

5

10

10

10

88'%

86 3%

1.300

863%

4

25'%
14i%

3%
25

*14%

700
100

4

3,600

25'%

200

14'%

7%

73%

23%

23%

100

73%

23%

7,900
-

1,600

"
•

preferred

39%

221/2

-

21

21

No par

com

preferred
Stockyards Corp

23

333/8
1193/4

70

133'/+

133

100*

31%

72

16'%

1,000

*91

*391/2

39%

83/a

/■

4'%
19'%

25

*73%

92

118%

119

*39',4

16

900

4i%

*183%

613%

243/8

'118 «/2

16

4%

19

*60%

24%

100

19

8%

24%

*91.

24'%

400

61%

24'/8

..

*23'%

*4'%4

18%

•

46'%

*60%

92
32'4

24%

23%

4%

:

,

*7%

45%

613'8

*91;

8

46

613/4

8%
45%

61%

■

8
*44

*45%

*7%
45 V4

61%

■

8'%

46%

61%.

8 3'a

45'/2

'

*7%

United Stores $4.20 non-c 2d pfd
5
$6
conv
preferred
No par

8%

18 3

,

*8
*44

23%.

4%

183/4

45%

Universal-Cyclops Steel Corp

14

*23

4

18%

8

46%

*601/4

No par

common

Leaf Tobacco

4

4%

16

10

preferred

non-cum

Universal

8%

18%

,

1
100

United Wall Paper Inc common
4% conv preferred

19

19

Friday

.

$ per share

i6

10

common

1st

Corp

Tobacco

7%

8

25 '/4 Aug

8

133/4

.

55

*443/2

10

preferred

'
'

5

Jan

900
9C0

40

20

preferred

Rubber

s

'

16

51/2 Aug 12
IO1/2 Mar 30

3,400

51'%
35 3%

„

153%

5

I

common

Pipe & Foundry Co

7%

26

Nov

82'%

813%

39'%

,

22

24.

141/2

;

95

'

4% Mar

54%
-.

100

Machinery

U S Smelting Ref & Mln com
7%
preferred

Mar 17

1403/2 Jan

223%

*723%

243/4.

73%

54%--

*20%

97

181

J>

17%

73/4

*14

,

100

Playing Card Co
S Plywood Corp common
33A% pfd series A
8%

21

37

22

U

Jan 26

13

Dec

43/2%

Aug 11

28

24

.*96.

i>-

108

133%

~

21%

23%

,

No par
20

U S

22%

81

Lines

S

19

36 % Jun

-

21%

1

*4

12

112'A Jun

22%

4%

v/;

;

12%

22

..

231/8

13

Jan

*441%

7

22'

12%

22

No par

Jun

Jun

2%

45

*53»/4

22%

>

■

12%

No par

52'% Jan

58 Ye

22

,

No par

38

137%

■

common

9»/4 M&y

49% May

;

1

class A

58

Dec

3

7

453/2

■

1

Leather

53% July

37'/4 Nov

1

3% 2 4
-

Industrial Chemicals

S

Jan

92

Aug. 18

*105'%

76

*32'%

33%

v

*441/2

.

.

33

"

17%

preferred

Partlc

Feb

Apr 29
313/4 Aug 12

,?

4'

U

Dec

May

!v3

171/2

Co common

Hoffman

S

73/4

;

*313/4

-7'/a

7

U S

Jan 21

16'% May 18

3

'

*.

18

preferred

43/4%

49

73/4 Jan

22%'
.13%'

1043/4. 105.

.

5'/2.
331/4?

17%

Freight. Co

S Gypsum

393%

July

Thursday
t

;

$ per share

108

v5%

*5%
32%

.

5034

I

51%
35'/a

83'%

7,200

•

U

27

24'/2 Aug 18
51/4 Jan 14

13

153/2 Jun
11% Jan

*

S

7%

24

Jan

57

May 25
17% Apr 28

Jan

-

Jan

I

.

49%-

w

51'%
35

83%

"

Jun

12% Jun 28

45

3%

No par

100

interest

51
35

237/a
,

.

493/4

$4.50.1st preferred—

7

of

831/44

—

120

31%

31%

50'%

'

j

'

3

45

105

49%

No par

8

31%

*

Improvement Co—,-13%

Certificates

31'%

34%,

*72

24

•

N6 par

U 8 & Foreign Securities

25

Mar

3

1041/2

i5%-

Apr 13
18

23% Apr

11

333/4

*31%

23%

■:

391/2'

Aug

20

31%

50'%.
34'%

13%

74

,■

/,

15%

Inc

50

98

Vv

19,100

•

'/v,' X74
/

39

United Gas

Mfrs

900

4,600

94

21%

38%

United Paramount Theatres wi

&

*93i%
*93

*106

133/8.

15%

United

Merch

98

94

$ per share

107

38%

July 26

24 %

*93i%
*93

J

*104
104»/2
5% -,51/2
33 »«■* 331/4

1,

13

Jun

4'/2

(

76%

X23%**24'\

Y

1

225/a Aug 18

6

*105

5

:

1,100
,/

111%

:

94'-

Wednesdays
- Aug, 17

—10

Co_.

-

1,700
y

403/o

*111

111

40

98

;

5

Cos__

United Gas Corp—'

179-

19»/4

<■

.

■

Coal

/
■

share t7

-if'. 131/4

preferred.-.—.l.. ■■'iL.i.,. ■)... 100

,18 3/4 Aug

■

6

;

Engineering & Foundry

%%>

1133/4

173/a

•

CLOSED

lOo

(The)—
Corp common

7

Jun

94

Corp

Aug 17

?

183/4 Feb

32% May

543%

121

;Y/ *75%

STOCK

EXCHANGE ;/:■

Corp—No par
com—30c

United Dyewood

8 5/8

45

83

83i%
50'%

21% ' 21%

*•! V:

13%

Stores

$3.50 convertible preferred
United
•

106

13V4

No par

Co_—

Fastener

543/4 Mar

93/4 Mar 23

/ 19% Jun

8

*104%
v

10

Jan

40

18% Feb 24

,

Carbon

Cig-Whelan

,

111

112%;

30%

341%,,

$ per

21 %

213/4-

.I

--100
Jtdpar

22% Jan

22

'

16 V

V

18

United

40

8%

*93i%

Aug. 16

f

;

__NOpar

_i

25'%
40'%

,123% 412%
25 3/8
253/a

*93

/';/"?

Tuesday

Aug. 15

S per share

5
100

/ United Board & Carton Corp

-

-

'

$ per share

•

37%

i

preferred

$4.50

i—*

_a

Araer_!

83

■

Monday

v

Y,/'

common—10

Inc

preferred

Jan

4%

v

Lines

Dec

2%

Y

4?%%

105 4

Aug 16
Y/ 73/a Jan 12

Air

38%

41 /

60

27

<

15>/4
u

,

Feb

2%

Jun

Par

Corp common
preferred

Apr

.

.

convertible

19%

Mar 24

t.

i

United

26"% Mar 30

14

Jan

Aug. 13

4

'

1043/4 Jun

.

.

*111

>45

LOW AND HIGH SALE PRICES

Saturday

EXCHANGE ».'

•

•

,

,

40'%

-

.

85/8

12.1%

247Y

;

44%

12'Y

39%

30%

si'/*,;. Y- 50%
*33%

34'%.

:

,

'

Jun

9.% Nov

•

■

NEW .YORK STOCK

.

1103/4

109

y

stocks

,

$ per share

20'/s July 15

*50'%,
*33%

8%
443%

8%.
443%
25

98

30'%

83'%

82'%

com.

\

,..J2.

•24%

93'%.f ~94

30% ' ■'://

44%

*2

110%;,"

*93'%

;
'

8%'

,

.

40'/a

1103%

98 :

94

■

243%,/,

393%

111%

30%

Union..Tank par Co__—No

5s

Highest

Co

8%

443%;
12

a24%
: ■%:

*93%

preferred-.

non-cum

.

*93'%

of .California—-

Pacific RR

Union

15

&

$3.70

1

Lowest

$ per

Carbide

Preferred

5

31% Apr
5>
891/2 Jan 21

Range Since Jan. 1
Y,,

Asbestos & Rubber Co—-

Preferred

13

-

/

8%
44'%;.

.

Y-12./,-:

.24%

a

Jan

■

12'%-,

Union .Bag & Paper .Cofli—-.No j

Range for Previous
Lowest

*12'

Union

7

111%, Aug

.6
13

.

:

443%

*44

—No;

C6rp

7

36% Jan

793/4 Nov
Sep {

45%

313/4 Jan

Jan

?Jan

8%*:

-Y 8%

(The),

6/
i

Jan

91

Underwood

12

12% Apr

9.

Udylite Corp

,

'

100

*165

"•

'166

*165

166»

*165

165

20

9

9

9

3,800

56

56

56

50

166

165

1

7

Feb

10

Universal Pictures Co

10'A May 18

Inc

com

8%

1

8*'a

8%

8%

8%

8%

8%

~

42

Dec

70

14%

Feb

273/4

9%

Dec

15% May

2134

Feb

26% May

May

43% Jan

3

,56

4V*%

July 29

preferred

55

100

(

f

For

footnote*

Oct

«**

D»*e-




17

Jun

8% Aug
20% Jun

28

251/2 Apr 25

8

11% May 13

Vanadium Corp of America—No par
Van
Norman C<>—
2.50

14

24% Aug 19

Van

^

Raalte

Co

Inc

10

r

*55

'•

56

••

*55

56

-

56

-.

•

13%
*

55

,

9

23%

18%
9%

24

18'/4

18 %

*9'/8

93/a

x233/4

2334

18'%
*9
24 >/«

18%
93'„

24 Va

18%
9

*243%

18'%
9

25

19'%
*9

23'%

19%

1,100

9»%

800

24%..

500

'

24

THE

(708)

COMMERCIAL

NEW
luiefor Prerleaa
Year

LOW AND HIGH MALM MUCKS

STOCK

Saturday

Par

12 y« jui j

15% May

10

Feb

16

13% Jan

6

Vertlentes-Camaguey Sugar Co__6%

19 Mi

29%

20

Jan

3

23% Aug

3

Vick

Dec

Jan

85% Dec

94

May

85% Mar

5

89

Feb

95

Jun

85% Jan

5

90

Feb

32% Deo

48%

Jun

33% Jun

17

85

96%

Apr

91

Jan

7

98

14% July

5

Jun

6

11% Jan

Oct

7% Mar
93

Feb

Jan

15%

82% Jun

124% July
18% May

14% Not

109

117%

3
29

14% Jan

Jun

23

Deo

28% Dec

17

15% Jan
113% Jun

Jun

3

27

July 18

Not

38% May
34% May

24%

Dee

39%

Apr

25% Jun

25%

Deo

32%

Jan

23% Mar

29

Apr

32%

Jan

30

66

Jan

29%

29% July 27

14
5

Mar 15

38% Jan

Jan

11%

11%

11%

11%

113/4

113/g

12

6,200

22%

x22%

223/4

22%

22y8

22 J/2

223/a

1,400

90

*85

90

*85

90

preferred

—100

•87

92

*87

92

•87

92

*87

92'

*89

92

*37

373/4

*97

99

7

7

non-cum

3%*>

*37

37%

100

*97

99

No par

*7

preferred
com

6%

dlr partlc preferred
Virginia Elec ft Pwr Co com

$5

6

1%

preferred

37

•36
*97

98

7%

89

*88

17%

17%

17%

17%

1153/4

115%

115%

♦16%

18

•16%

*28%

29

28%

30%

30%

30%

*28%

29%

29%

29%

29%

27%

27%

27%

27%

27%

32

*31

500

37

98%

7

115%

17%

5

Vulcan Detinning Co common

Apr 26

89

89%

36 3/4

*97

7

116

17%
♦115%

20
20

pfd

37%
98%

6%

25
25
25

Ry Co common
6% preferred
Visking Corp (The)

9

37%
•97

10

Virginian

30% Apr 30

*88%

88

X88

106

'

7%

100

preferred

Va Iron Coal & Coke 4%

32

11%

*22%

•85

23% July 14

Mar

11%
22%

Victor Chemical Works common—5

12

Shares

11%

90

32% Jan
31

the Weok

•85

14

33% Apr

$ per share

22%

•

2.50

Va-Carolina Chemical

21

Feb

gales for

Aug. 19

Sper share

Thursday

Aug. 17

S per share

90

8
21

17% Aug 18
118

Friday

Aug. 18
$ per share

Wednesday

Aug. 16

$ .per share j. *">.i'

$ perthare

♦85

5%

26

Aug

118

Aug. 15

Pacific Ry com_100

1

Feb

Co

Vicks Shreve ft

10

86

Chemical

Tuesday

Moriday

Aug. 18

I per thare

f per share

I per thare

YORK

Monday, August 22, 1949

RECORD

STOCK

EXCHANGE

Lowest

aiffhMt

9 per thare

NEW

Range Slaee Jan. 1
■igkaat

1948

CHRONICLE

STAPlf ft

»

Ltvwt

YORK

FINANCIAL

&

f.

63/4

89

17%

88'A

173/4

*115

J/a

7

17%
115%

17%

17%

18

18

28%

*28%

29 %

28%

29%

31

*30%

30"%

303/4

30'/s

29%

*30%

30%

27%

27%

27 J/2

*271/4

32

*31

*46

80

32

48

8,400

28

473A

18

32

*31

400

89

17%
115 J/2

.

115%

3,000

•31

32

*31

*17 >/2

18 J/2

130

28%

281%

600

303/s

30 7/8

1,600

30 %

301/2

400
80

W
57% Aug

45

Jun

6

12% Dec

15%

Jan

12

Jun

30

Dec

35%

Jun

25% Jun

13

31

May 19

105

28

105

100% Apr

101

Aug

27% May

8% Feb

21% Jun

1

13% May
16% July

*18% Mar

6% Jun

29

Jun

101

Jun

x87% Jun

14

May

xl2

9% Jan

3

32

Jan

18% Jun

8

22

94% Feb

3

'

*19%

Not

34% May

14

Jun

14

20%

Jan

27% Aug

23% Jun

27

25

Jan

11

12%

Dec

20% May

11% Jun

14

14

Jan

24

16%

Dec

22

Sep

16% Feb

10

18% Aug

9

13

Dec

30%

Jan

lia/4 Apr

21

6% May

33/4 Jan

3

153/4 Jan 25
5% July 15

22

Not

1

Dec

26

Sep

34 J/a

Aug

*80

Nov

86'/a

Jan

xl9% Jun
78

27% Jan

13

26% May

16% Jun

13%

19% July

14% Jan

3

114

Jun

108% Mar 22

Apr

119 J/a

Jun

113% Feb

25

111%

Oct

103% Feb

8

22%

Jun

100%

110%

Feb

5%

NOT

34%

Dec

Jun

104

22% Mar

24

12% Jan

14

293/4 Apr

13%

13%

*13%

13%

13%

13%

14

14%

143/4

92%

92%

92%

93

94

94%

94%

94'A

170

11

10%

11

10%

10%

10%

11

10%

10%

12,900

20%

19%

20

20

20%

*19%

20%

900

20%

*20

13

30

Jan

24

6

68% Jan

26

15

26

13

Not
Dec

May

20

17%

17%

17%

18

17%

18

17%

18%

18

24%

24

24

24 3/8

24%

*24%

24%

24%

24%

13%

13%

13%

13%

13%

*13%

13%

13%

13%

18%

18%

*18'A

18%

18%

183/a

*18%

18%

18%

18 Va

14%

14%

,13%

14

13%

13%

13%

13%

*13%

5%

5%

5 Va

5%

5%

5%

29% Nov

39%

Jun

21% Jun

34% Jan

Dec

33 %

Jun

20% May 31

27

Jan

7

85% Feb

95%

Apr

903/4 Jun

3

98

98% Feb
213/4 Jun

15

104

Feb

101%

Jun

25

Dec

40%

Jun

80

Jan

37

Mar

83

Mar

23

115

>27%

Feb

M

Oct
Jan

293/4 Jun

11

13

48% Jan

July

5
2

27 %

80%

*80%

21%

21%

21%

20%

21%

10,900

No par
No par
108
100

23%

24%

23%

237/a

23%

23%

23%

23%

23%

23%

29,100

Nov

28% Feb

27%

31 Va

Feb

9

19%

Feb

6% Mar
Mar

51

Jun

Aug 18

4% Jun

x42% Jun

65% May
17% May

Dec

88 %

Jan

70

Jun

12%
-

Not

69

56% Jan

Dec

19

Jan

10

Jun

6

147/t Dec

18

Jun

14% Jan

14

22

8

Apr

100
100

116 Va

116 Va

116%

116%

116%

116%

116%

116%

116%

559

116%

116%

116%

116%

116%

116%

116%

115%

116 Va

1,370

110%

110%

110%

110%

110%

110%

110%

110%

1103/B

110%

660

111%

1113/4

111%

220

111% ■111%

107%

*106

100

105%

B

*106

105%

*104%

13% Jan

105%

Dec

128

Jan

4

28

Feb

37%

Oct

22

Jun

2

34% Jan

49%

Jun

44% Jan

3

49% July 29

*138

Jan

137

13%

25% May
81% Feb

Dec

58% Dec

11 % Jun

14

*59% Feb

39%

72% Apr ^ 7

68

Feb

25

79

66

Feb

9

Jun

8% Feb

Jan

May

<>* 64

58

Jan

96% July
69

8

Mar

Deo

100

*107%

34%

10% Feb

16% May

37

Dec

48

15% Feb

24

65%

89%

Dec

13% Dec

4

Jan

10

14%

14%

14%

40%-

40

40 •';■;

6%

700

37%

1,600

10%

10%

11

10%

10%

1,700

*22%

243A

*23%

24%

25%

26%

*26

26%

70

*63

70

*22%

Motor

257/a
66

14

14

26%
24 %

*97%

7

Oct

23

Aug 17

Oct

53% Jun

13

74

Jan

28

10% Jun

28

14% Jan

*19% May

Feb

35

3% Dee

asked P^ces;

M

*

Kx-dlvldend.

y

no

sales

25

97%

*97%

98

112

34

34%

77%

24%
f

77%

on

Saturday
Monday
Tuesday
Wednesday
Thursday
Friday

Shares

22%

23

223/4

23%

23%

23%

*32%

*32%

33

*32%

323/4

33

series A

*32%

9%

9%

9%

9%

5

4%

4% ;;

4%

No par

44%

*44

No par

common

10%

No par

44%

11

*10%

11%

*103/4

17%

17%

17%

17%

137

*135

1414

68%

*73

74%

31

22%

Zonlte

844,580

2,218,000

$14,692,000

1949

Stocks—No.

of

1948

3,075,852

Bonds
Bank

Foreign
Railroad ft Industrial
Total




76

76

76

9%

22%

97/a

$5,000

80

76

1,000

93/4

22%

*21%

400

93/4

22%

1,100

10

10%

IO'/a

10 Va

2,600

*35

35%

35

35

22

<

9%
35

35

30

73

9%

9%

9%

700

23

22%

23

64

63%

63%

11%

11%

Ci>12 /v.".:

12%

12

12%

12 Va

12%

12'A

12 Va

2,100

24%

25

24%

25

24%

25

24%

25%

24%

24%

2,500

*3%

4

*3%

4

3%

4

has

|

..

been

filed

for

1,500
%

6,000

■

;

company's

reorganization,

a

•v

Deferred

delivery.

'

4

4

*3%

4

•'

sale. ~s Special

rCash

sales.

Transactions at the New York Curb

wdWhen

1,800
distributed.

Exchange

Daily, Weekly and Yearly
Total

Bond

Stockt
1

(Number

Sales

'

$5,0b0

3,689,500

3,144,000

$5,000

$16,107,500

Saturday
Monday
Tuesday
Wednesday
Thursday
Friday

Bonds (Par Value)

'

Foreign •;

of
Shares)

Domestic

Government

1949

$29,000

$400,000

$782,500

5,000

89,000

845,000

3,537,000

1.405.500

900,000

58,122,470

56,842,180

14,692,000

11,107,000

448,129,100

648,662,900

$16,107,500

$12,125,000

$507,496,570

$709,824,580

$223,000

$213,000
204,000

$8,000

$2,000

42,000

5,000

251,000

341,230

108.000

6,000

335,260

117,000

48,000

2~000

,'167,000

284,815

112,000

1,000

3,000

116,000

1,356,975

$754,000

$105,000

$12,000

$871,000

166.500

Total

Week Ended Aug. 19

1948

203,788,422

Total

229,070

Jan. 1 to Aug. 19

147,329,029

Foreign
Corporate

Closed

1949

5,019,930

International

76

/_

63%

shares

U. S. Government

73

22%

2,455,000

Week Ended Aug. 19

73

23

3,352,000

$5,000

73

63%

$3,467,000

$1,405,500

120

75

1

237,000

5,019,930

3,100

69%

227/8

'

Total

143/4
69 %

69%

62%

'

j

143/4
*68%

70

No par

$4,000

1,000

143/4
69%

70

22%

293,000
272,000

143/4

69%

63'/a -yt

$326,000
277,500

500

22

Week Ended Aug. 19,1949

2,866,000

6,800

63

Bonds

3,408,000

26%
49

22

Government

1,182,250

26%
48%

63%

United States

1.443.050

26

49%

63

Z
Radio Corp
Products Corp

3,059,000

10

26
49

22%

22%

Zenith

138

♦135

137

7,300

14%

X75%

22%

22%

137

100

11

18%

71

74%

7

834,920

18%

69%

76%
9%

15

$3,141,000

*10%

183/a

6,200

26

'*69

76

Jan

715.130

11%

18

11

76%

14%

69

6

petition

*10%

900

44%

11

69%

14%

*21%

preferred

*73

44

49%

49%

*73

*9%

•-■

75%

137

*25%

*73

9%

*9

44

11

75%

18

*135

0

<

69%

69

76

7434

26

49%

14%
*68

71

No par
B

Mfg Co

49

14%

68%
*69

137

•25%

5,300

11

11%

11%

17%
*135

2,000

4%

44

*74

*10%

100

9%

11

76%

10

Co

300

9%

4%

76%

10%

*74

10

com

Closed

—

11

76%

*74

32%

9%

4%

44%

•44

44%

10%

4%

32%

9%

10

4%

4%

33

9%

1

Young (L A) Spring ft Wire_No Par
Youngstown Sheet & Tube
No par
Youngs town Steel Door
No pax

Bonds

200

450

8,000

22

9%

•;

26%

21%

35V4

Bonds

26%

5,200

9%

Bonds

27%

14%

'

21%

Daily, Weekly and Yearly
Week Ended Aug. 19,1949

78%

27%

•

14%

35%

Jnt'l

77%

'

14%

9%

Bank

773A

14%

I
com

2,900

35%

77%

■

14%

35%

Foreign

35

34%

34%

13%

9%

Railroad

112

500

13%

-

35%

of and Mitcel.

*108

26%
112

40

700

27

21%

Transactions at the New York Stock Exchange
Stockt

102%

*25

13%

Ex-rlghts.

Number

102%

20

Motors

common

or

103

5,000
19,800

25%
98%

13%

25%

tin receivership,

26

24%
*973/8

25%

27%

1

this day.

25%

98

5,300

*26%

50

32

*108

14%

13%

49%

conv

''

:„

26%

34%
78 ' '4

:,V" 77%

;•

102%

1081/2

34

77 %
*26% "27%

27

25%

Corp

*108

33 Va

-

800

68

14

26%

98

25%

25%

112

33%

26

•■/v.

26%

26%
•63

14%

/V/25'/';

102%

*101%

24%

*108

14%

24

*23 Va

1

com

Co

ft Towne

103

103

78'A

48%

4%%

14%

26%

24%

97%

4% Jan

20% July 12
3% Feb -9

July

6% May

26%
24%

26%

24%

13%

6%

I

.

19%

26'A

24%
98

10

York

*63

26%

24%

♦25%

6%

14

103%

♦108

>

*107%

109

13%

Woolworth (F W) Co
If
Worthington Pump &'
Machinery common
No pa*
Prior pfd 4%% series
.-..100
Prior pfd 4%% conv series—100
Wright Aeronautical
No par

18

♦107%

24

*25%
*61

103%

Co

6% preferred
Woodward Iron

•22%

25%

*23%

preference

Wilson-Jones

24

12.B0

Co__

109%

*6%

65

25%

100

Sewing Machine
Oil

*107%

fex;

*61

100

Instrument

Elec

Tale

20

IO9V2

10%

24

Jan

*107%

10%

15

39% Jan

2,400

10%

Jun

12% Jan

500

40%

■

10%

25

13

190

14V4

40%

40

10%

Wrigley (Wm) Jr (Del)
Wyandotte Worsted Co

8

105%

105%
*14%

109 %

14

39%

105'A
14%

40%

14

40

6%

76% Aug 16
9% Jan
7

30% May 13
16% Jun 17

May

107 Va

37%

19% Jun

July

11%

22

15% Mar'30
69% Aug 17

10

94

60% Mar

.

24

Not

*104%

111%
*106

38

Wisconsin Elec Power Co

10

Jun

*62

107%

37%

$4.50 canv pfd

Aug 18

;

■u u

112

37%

$4.25 preferred

5

41% Not

105%

*111%
*106

105%

*106

14%

*14

par

Lines Inc

Air

Wilson & Co Inc

17

125

111%
107%

111%

107%

6%

2

18% May

60

116

Auto

Willys-Overland

12 % Mar 10
79

1,000

37%

13

15

21

8% Jun

23%
82

67/a

Prior
Wilcox

12

7% Jan

6

10%

11

11% Jan

7% May 31

May

1*.

223/4

*80%

116

'

•

23
82

37%

323/4 Aug 10

18% Jan

22%

37

8

22% July

•V:

37%

White

9»/4 Feb

22%

109%
6%

25% Apr

13

■/:::/

6%

3

12% Jun

22%

;v

*36%

White

24% May

23

1

16% Mar 30

13% Dec

1,900

21

Wheeling & Lake Erie Ry
100
Wheeling Steel Corp com
No par
$5 conv prior pref
No par
White Dental Mfg (The SS)
20

12

23% Mar

Jan

5%

80%

Weston

27

89% Jan

71

500

1,400

80%

3%% pfd series A
3.80% pfd series B

1073/4 July 27

Mar 30

102

July

57%
92

1

26% Jan

7

600

14

21

Aug 11

91%

5% C 5

;

500

22%

Aug 18

13

5%

3,400
.<

20

22%

series A
100
Western Union Teleg class A_No par
Westinghouse Air Brake
No par
Westinghouse Electric com
12%

7

23%

2,000

„

18

24%
*13%

Preferred

Mar 30

17

May 31

*20

13%
*93%

Supply Co
10
Western Maryland Ry com
100
4% non-cum 2nd pfd
100
Western Pacific RR com
No par

8

Jun

533/4 Jun

36% May
74% July

20

58% Dec

25%

2,100

80%

Western

8% Feb

8%

8

8%

79%

Western

24

21% Jun

16% July
38% July

7% Mar

8

22%

25

24

7%

5,100

20%

4.20%

8
17% Jan 20

32% May 23

May

7%

700

25%

79%

11

Feb

5

iO'/a May

77/a

253/8

253/8

10%

"

46 %

7%

25%

19%

West Penn

14

105 Va Aug

2
4

25%

—. —

1

73/4 Apr

353/4 Jun

X24%

400

105

No par

413/8 Mar 12

13% Mar

Oct

51%

25%

*103

104%

West Penn Elec Co com
Class A
1% preferred
6% preferred

26

113

18

101% May

16% Apr
38% Feb

Jun

108% Jan

Apr-25

25%

*103

29%

B

108% Jan

Apr

104 Va

200

14

13%
*28%

1

May 12

107
105

*103

14

'29%

B

41% Jan

Jun

Jun

14

28%

; -

92%

No par

14

113

107

Oct

46%

14%
28%

1

Power 4%% pfd
preferred series B
4.10% preferred series C
West Virginia Coal ft Coke
West Va Pulp ft Paper com_No
4%% preferred

105% Not
100%

25%

463/4

28%

$4 conv preferred
Indies Sugar Corp

111% Aug 10

104% Mar

46%
*14

.

105

*103

8

8

Wesson Oil & Snowdrift com—2.B0

117'/a July 11

103% Mar

*113%

105

25%

14
29

0

West

21

24% Aug 10
116% Aug 10

Feb

*103

46%

14.

•28&

'

:

100

Webster Tobacco Inc

7

23% Jan

14

46%

14

29

No par

Wayne Knitting Mills
S Wayne Pump Co

84% Jan 24

July 13

19% Mar

47%

29

Warren Petroleum Corp
3
Washington Gas Light Co—No par
Waukesha Motor Co
S

7

"

3%

•13%

CLOSED

No par

5%%
preferred
Warner Bros Pictures
Warren Foundry & Pipe

4

12% May
25% Feb
22% Jan

♦45%

EXCHANGE

100

Ward Baking Co common

15% Jan 21

14

9% NOT

10% Mar

Jan

25% Aug 19
93/4 Jan
7

14

183% Mar

Aug 11

STOCK

No par

No par
100

Wabash RR 4Vs% preferred
Waldorf System
Walgreen Co common
4% preferred
Walker (Hiram) G ft W
Walworth Co

60% Jan 28
14% Apr
9

Btocks—No.

j^f

1948

114,000

Jan. 1 to Aug. 19
1949

1948

1,356,975

934,065

35,635,016

50,876,869

$754,000

shares.

$365,000

$22,452,800

$34,702,000

105,000

57,000

6,732,000

6,327,000

12,000

16,000

1,148,000

1,292,000

$871,000

$438,000

$30,332,000

$42,321,000

Bonds
Domestic

Foreign
Foreign

Total

governmentcorporate

'

.

-Number 4831

Volume 170

THE

COMMERCIAL &

Friday
italic

letters

In

the

column

headed

Figures

Range for Previous

*.

Range Since Jan. 1
""
Highest

NEW

Lowest

Highest

101.11 May

weekly

-

"Interest

decimal

Period"

9

•

i

a,

«

•,

Y1.M

(709)

•'

In
or

one

each
more

the month

case

32d

of

a

when the

bonds mature.

/

point.

LOW AND HIGH SALE PRICES
BONDS

YORK

Saturday

STOCK

tTreasury 3%s

Monday

;

1

Tuesday

Aug. 15

;

Aug. 13
Low
High

Aug. 16.

Low

High

Low

.

Wednesday

Thursday
Aug. 18 *

Aug. 17

-

.

Low

High

Low

High

Sales for

Friday

the Week

Aug. 19
Low

High

Bonds ($)

High

Sep

108.28 May

108.13

Jan~26

110.23 Mar 11

101.18

Dec

102.22

Feb

110.23 Mar 11

102.23 Sep

102.23 Sep

Sep

101.11

101.19

Jun

101.19

Jun

102.1

100.24 Mar

100.25

Jan

103.8

100.23

Jan

100.26

100.23

Sep

100.24

Sep

101.12 Feb

9

101.13 Jun

100.16

Sep

101.12

Jun

101.7

7

103.2

100.7

Oct

100.27

14

Feb

Mar'u
July 25

Feb

May

100.18 Jan

6

100.28 Jun

14

102.13 July

102.30 Feb

9

100

Mar

100.4

May

100.13 Jan

20

100

Mar

100.17 Feb

9

100.2

Feb

Oct

100.21

Sep

101.13 Mar

104.9

.

14

Feb

104.6

3

Agu 10
July 25

103.8

24

Aug

2

101.28 Jun

103

30

Aug

8

105.4

Aug 10

102.10

July

Dec

101.3

Jun

100.31
100.30

Sep

100.7

101.8

101.18 July
101.19 July

Sep

Oct

100.16

14

9

100.21 Feb

Jan 26

101.18 Feb

Apr

*100.26

100.28

•104.13

104.10

*104.13

104.16

*104.13

104.15

2%s

109.28

*109.22

109.26 Y

*109.22

109.26

*109.22

109.25

1951-1954

•103.13

103.16

*103.13

103.16

*103.13

103.16

*103.13

103.16

*103.13

103.15

ii%»

1956-1959

•110.26

110.30

"*110.26

110.30

•110.24

2v*

110.28

*110.24

110.28

*110.24

1958-1963

♦111.26

111.30

*111.26

111.30

•111.24

2%b

111.28

*111.24

111.28

*111.24

111.27

19BO-1965

•

113.6

113.10

*113.8

113.12

•113.6

113.10

*113.4

113.8

*113.4

113.7

1949-1953

•100.19

100.21

*100.19

100.21

*100.19

100.21

♦100.19.100.21

*100.19

100.21

-1950-1952

•101.27

101.30

*101.27

101.30

♦101.27

101.30

*101.27

101.30

*101.25

101.27

-1952-1954

*103.9

103.11

*103.9

103.11

*103.8

103.10

♦103.8

103.10

*103.8

103.10

-1956-1958

•106.15

106.17

*106.15

106.17

*106.14

106.16

*106.14

106.16

*106.13

106.15

—.1962-1967

•104.22

104.24

♦104.22

104.24

*104.22

104.24

*104.22

104.25

*104.20

•104.5

104.7

*104.5

104.7

*104.5

104.7

*104.4

104.6

*104.3

104.5

2%rS

2%a

1965-1970

2%l

1966-1971

2Vis

2Vis—
2%s_

Jan

9

101.8

Jan

26

94.14

Jan

♦Bid
2s

due

and

Sept.

asked

104.22

2Via

—Jun 1964-1969

*103.25

103.27

*103.25

103.27

♦103.25

103.27

♦103.24

103.25

—Dec 1964-1969

103.26

♦103.23

2Vis_

•103.22

103.24

*103.22

103.24

*103.22

103.24

♦103.21

103.23

*103.20

103.22

*103.17

Jun 1967-1972

CLOSED

2%s
2Vis
2 Vis
2Vis

Dec 1967-1972

*103.17

103.19

♦103.17

103.19

*103.16

103.18

*103.15

103.17

103.18

*103.16

103.18

*103.16

103.18

*103.15

103.17

*103.14

103.16

•

EXCHANGE

Sep 1967-1972

103.19

•103.16

STOCK

2%s

102.29

102.31

♦102.30

103

*102.30

103

*102.28

102.30

*102.28

102.30

♦105.23

105.25

*105.25

105.27

•

105.26

*105.22

105.24

*105.22

105.24

*102.29

102.31

*102.30

103

*102.30

103

102.29

102.29

*102.28

102.30

1951-1953

♦103.5

103.8

*103.5

103.8

*103.5

103.8

♦103.6

*103.6

103.9

1952-1955

♦102.28

102.30

*102.28

102.30

*102.26

102.28

*

105.24

103.9

-1.26

.35

*it

8

101.18 Feb

9

*106.2

106.6

*106.3

106.7

*106.3

106.7

*106.2

106.6

*106.2

1956-1959

*105.5

105.7

*105.5

105.7

*105.4

105.6

*105.4

105.6

*105.4

105.6

.Jun 1959-1962

106.5

*102.24 102.26

*102.24

102.26

*102.24

102.26

*102.24

102.26

*102.23

102.25

Dec 1959-1962

*102.23

*102.23

102.25

*102.23

102.25

*102.23

102.25

*102.22

102.24

Sep 1949-1951

102.25

*100.3

100.4

*100.2

100.3

*100.2

*100.2

100.3

*lu0.2

100.4

Dec 1949-1951

*100.13

100.14

*100.12

100.13

♦100.13

100.14

*100.12

10C.13

*100.12

100.14

*100.18

109.20

*100.18

100.20

♦100.18

100.20

*100.18

100.20

*100.18

100.20

-Sep 1950-1952

*101

101.2

*101

101.2

♦

♦100.31

101.1

*100.31

101.1

——-1951-1953

*101.23

101.25

*101.22

101.24

*101.22

101.24

*101.22

101.24

*101.21

1951-1955

*101.31

102.2

*102

102.2

*101.31

102.1

♦101.31

102.1

*101.30

110.2

Jun 1952-1954

♦102.6

102.8

*102.6

102.8

♦102.5

102.7

*102.5

102.7

*102.4

102.6

Dec 1952-1954

*102.14

102.16

*102.14

102.16

*102.13

102.15

*102.13

102.15

*1U2.12

102.14

104.3

99.11 Jan

5

sales

1949-51, called Sept.

101.2

at

July 14
Aug 17

102.12

transacted

15

1953-1955

IVis

101.2

101

101.23

*104.4

104.8

*104.4

104.8

*104.4

104.8

*104.2

104.6

*104

♦100.18

1950
Bank

100.3

100.20

*100.18

100.20

*100.18

100.20

*100.18

100.20

*100.17

100.19

•101.3

101.6

101.6

*101.3

101.6

102.12

*102.13

102.17

..

for

Reconstruction & Development
10

No

$5,000

2-7

1

1954-1956

Mar lyt>u-i952

Treasury

98.24 Jan

price.

110.27

1963-1968

Treasury
Treasury 2s
Treasury 2s__

_

98.30 May
99.30 May

100.27

*100.25

2Vis

International
94.10

*100.26

Treasury
Treasury
Treasury

9

_

101.26 May

100.28

104.16

•109.24

Treasury

100.21 Feb

101.7

•100.26

*104.13

109.26

Treasury 2Vis
Treasury
2Vis
Treasury
2Vis_.
tTreasury 2s___
tTreasury 2s

6

Oct

100.31

102.31 Jan

3

102.26 May
100.23 Jun

100.21

100.28

104.16

♦109.22

Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury

Apr

102.31 Jan
104.9

Sep

100.28

•104.13

1955-1960

Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury

Jan

101.14

•100.26

1961-1955

tTreasury 2%s

__

101.7

102.26 May
100.7
Oct

1949-1952

2%i

Treasury
Treasury

Jan~26

108.13

j*

Treasury
Treasury

105.28 Mar

Sep

,A*C4*6ury

Xro»»ury

105.1
107.4

100;

this

2s

10-year 2 Vis

day.

due

Dec.

1957

*101.4

101.8

*101.2

101.6

25-year 3s

1972

•102.10

103

*102.11

102.15

tThe following Treasury
15, 1949-51, called Dec.

bonds
15

being called

are

at

100.

Odd

a

lot

redemption:

for

transaction,

r

3Vis

due

1949-52,

Registered

bond

102.12

"101.2

102.12

called Dec. 15

at

102.12

100;

2%s

due

called

1949-53,

Dec.

$5,000
15

at

100;

transaction.:

'Y

RANGE

Friday
BONDS

Interest

New York Stock

Exchange

Last

Period

or

Sale Price

FOR WEEK ENDED

AUGUST

19

Week's Range

New York City
Transit Unification Issue—

Range Since

Sold

x

:

BONDS

Y

,v

New York Stock

Jan. 1

Low

No.

High

;

v

J-D

107%

1071? 107%

'

18

J-D

.

107%

„

3%s Series No. 17.

<

-

-

Foreign Securities

-

"*

3%s Series No. 21

J-D
.

3%s Series No. 24—

2-2300

120

Broadway, New York

NY

(City) s f 5s
Sinking fund gold 5s

Canada

lAChlle

(Colombia)—
1947
1948

IA 7s

F-A

AGtd

A-O

Akershus

fund

6s

(King of Norway) 4s
(Dept) coll 7s A

lAExternal

s

iAExternal
lAExternal
AExternal

f

*61
*61

91%
45%

4G

1945

j-j

s

f 7s series C

1945

j-j

s

f 7s series D

s

f

1945

7s 1st series

AExternal

sec

AExternal

sec

1957

'

Antwerp

(City) external 5s
Australia (Commonw'lth) 5s

1958
of

'25.1955

10-year 3 Vis

1950

10-year 3 Vis

1957

.

20-year 3 Vis

3

37%

46

2

37%

46

37

45%

j-d

45

17

;

102%

37%

5

37%

r2

37 %

45

15-year 3%s

102% 104

'

98%

99%

107

93%

93%

15

DO

97%

93

93%

44

89

95%

J-D

98%

103%

J-D

89%

83%

89%

14

85%

89%

89

90

34

85

93%

1962

f-a

89

28

1949

M-S

100

100

2

1955

j-j

External

s

f

7s

108% 109

1955

19

j-d

-1941

j-d

88%

.

Plan A

to

(Int reduced to 3.5%)
s f 6Vis of 1926

.1978

116

116

71

84%

..

a-o

52%

52%

14

74

(Int reduced to 3.375%)

.1979

a-o

(Central Ry)
Stamped pursuant to Plan A

.1952

J-D

(Int reduced to 3.5%)

.1978

45%

52%

52%

70

70

i;Y:

60%

1
M

''
'''

100% 101

A-O

102% 103%

J-J

106

J-J

*57

?':;y

__

*50%

—

♦35

1

09%
101
102 %

6
— —

—

A-O

—■

*51%

46

37

25%

28%

1

34%

37%

54

27%

27%

f-a

35

35

35

f- A

27%

3
'

'

Sep 1961
Sep 1961
1962

M-S

A-0

*27%

Af-N

35

27%
2b%

*35

40

ASlnklng fund 6%s—
A6%s assented

1961
1961

J-D

*27%

AGuaranteed sink fund 6s

1961

A-O
A-0

*27%

1962

M-N

sink fund 6s

—1962
7s—

M-N

i-1960

M-S

Jh

•w—

34%

2

I.

53 Va

(Hukuang Ry)

5s

M-S

J-D

*4%

...

;

»

49%

1

42%

53%

65

1

62%

J-D

64

2

57%

69

3%s Series No. 3

J-D

65

65

7

59

3%s Series No. 4

J-D

€4

65

2

57%

■

—

27%

'•

2

7

69

73

73

SECURITIES

69

58%

J-D

3%s Series No. 7_

J-D

3%s Series No. 8

J-D

3%s Series No. 9

J-D

*65

_

3%s Series No. 10

J-D

3%s Series No. 12
3%s Series No. 13

J-D

T%s

J-D

For

footnotes

see

page




29

1

—

—

*67

80
70

«...

62%

73

*67

70

M...

58%

73

71%

60%

65

58%

65

€3

63

62%

62%

3

59

65

62%

62%

7

55%

66

■

•

■

'

——

~

FOREIGN SECURITIES SPECIALISTS

73

*63

firm trading markets

f!ARL MARKS & HQ. Inc.

69

♦37
__

J-D

14

*.■;

*67

.

__

J-D

3%s Series No. 11.

65

'

—

'

1

58

65

,

50

Broad St., New York 4,

Telephone HAnover 2-0050

29

37%
29

36%

26%

1
'

71

3%s Series No. 2

34
35%

■

For Financial Inetitutiona

FOREIGN

37

26

27.%

•

29

'

26

"UV

27%

1951

37%

26

'

— we

1960

assented

29

29%

.*^4

'

36%

26
25

■

»',

27%
*33

29

61

•

2J

♦35
.

29

v36%

34%

*35

1961

•

"

"

'

—

34%

37%

1

:

27%

27%

27%

25%

25%

("

1

35

*35

Munic

37

2

■

28%

J-D

Cons

34%

'

27%

27%
26%

j-d

assented

'■

35%

j-d

A Chilean

i

•

27%

M-N
J-D

=

*35

M-S

1963

27%

27%

1957

assented

29%

*35

a-0

27%

1957

Y

29

26

*35

J-J

J-J

1993

6%s

29%
37%

26%
34%

5

.

-V

34

1

21 Vi

25%

4

27%

71

46%

__

:

A-0

1963

—

bonds 2-3s

54%

61

52

35

,35

35

55

49%

No.

59

35%
3

27%

27%

71%

65

Series

104 %

107%

54 %

■

'

M-N

m-n

101%
101%

102%

104%

10

106 %

1962

6s

fund 6s

Mortgage Bank
A6%s assented

AChlnese

43

*68

J-D

54

J-D

.

63%

98%

16

■'■■■

64%
65

60%

—

.

100

.

58

72

funding bonds of 1931 due- .1951
Stamped pursuant to Plan A

3%s Series No. 5—

65

59

,

J'5
(

99% 100 Y

100

Jan 1961

sinking fund 6s

assented
f $

AGuaranteed

60%

7

v": 1

0%

(Int reduced to 3.375%)
.1979
External $ bunds of 1944 (Plan B) —
3%s Series No. 1—

s

A 6s

71%

62

—

'v.''

Stamped pursuant to Plan A
A7s

64

64 b.lh

Jan 1961

f 6s

AChile
:•

A 7s

52
♦68

—

3-d

.1957

120

60%

s

assented

A6s

C'V.Y-X

A-O

.1979

112

115

1

102%

102%

Stamped pursuant to Plan A
(Int reduced to 3.375%)
AExternal s f 6Vis of 1927

93%

100

4

71

--

.3

A-O

.1957

AExternal

;x.

xi

j-d

a-o

65

'

65

P-A

1942

70
66

56%

V'

r
'

I960

sinking fund

A0s

Extl

92%

j-d

6s

Stamped pursuant

63
•

Feb 1961

6s

assented

AExternal

99%
93 y8

f

external 8s

64%

*63

.

Feb 1961

assented

A 6s

95 f;v 105

j-j

s

(U S of)

►

100

1960

f 7s

assented

AExternal sinking
Afls assented

V:x

F-A

External

6Vis

AExtl

45

45

1967

Belgium external

s

—

sinking fund

A 6s

45

45

44

—

12

44%

„

"'

>'

45%

assented

ARy external

1966

'

20-year 3Vis

lABrazil

A6s

AExtl
A 6s

46

45%

....

a-o

series

46

46

44

'

A-0

2d

93%

37%

45%

A-0

1957

7s

f

62 '

81

~3
:

46

J-j

f 7s 3rd series—1957

s
s

60

6

J-D

1942

External

65
65
65

■

57

1954

AExternal sinking fund 6s

t>2

91%

j-j

70

3

__

M-3

1945

series B

7s

70

1968

lAAntioquia

(Rep)

60%
55%

...55%

1

60

63

1960

4s

"

-

*63

1958

8s

65

'

iAQtd sink fund 6s
sink

(City)

65

'

J-D

Jf-8

65%

58%
59%

;

1961

(Dominion of)

A Carlsbad

65

*63

c.

»

''

'

-:r.!

63

1950

;

25-year 3Vis

Agricultural Mtge Bank

l-.V

J-D

1957

Sinking fund gold 6s

Foreign Govt. A Municipal

J-D
_

.

Brisbane

1-1693

;

.

v

63

56

1

4

63

*63%

—

65

65%

6

63%
63 %

*63

,,

J-D

—.

3%a Series No. 30

T eletype

-

■

'

""

'

••

65

58

'10

"

'

—«,

63

J-D

—

'

High

59%
60

-

62%

63%

Jan. 1
Low

No.

64%

64%

63% •-.Vi 62%

>

J-D

——

65

*63%

Range Since

S«ld

HighX

*63

l

Bonds

Friday's

Low

'4

J-D

—

3%« Series No, .29

REctor

1

3%s Series No. 26

>3%a Series No. 27

Wertheim & Co.

.

' V

J-D

.

3%s Series No. 23

3%s Series No. 28

.

'

-

J-D

3%« Series No. 25
•

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3%s Series No. 20.

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aw

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to

(Int reduced to 2%)__
2012
Serbs Croats <fc Slovenes (Kingdom) —

79

—

or

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84

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76

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—''

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1951

gold

s

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177

Week's Range

Last

Sale Price

(continued)—

water

(Int

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gold

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External

....

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NO.

82

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el

Friday

(State)—

Stamped assented

19

New York Stock Exchange

Jan. 1

J-J
45

Monday, August 22, 1949

RECORD

AUGUST

ENDED

Range Since

A-0

A-O

1952

A

.Czechoslovakia

CHRONICLE

San Paulo (State)

jAColombia Mtge Bank 6V28

•

BOND

WEEK

FOR

(Republic of)—

46s of 1927
3s

FINANCIAL

&

COMMERCIAL

1981

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1965

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103%

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9

99 %

101%

101 y2

101 %

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1995

62

103'/» 103%
100% 100%

F-A

1948

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101

79%

79%

7

61

61%

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75

79%

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ser

A

Gen mtge 4%s ser A
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Gen mtge 4%s ser B
Jan 1 2020
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40

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Number 4831

170

Volume

THE

COMMERCIAL

&

FINANCIAL CHRONICLE

(711)

27

NEW YORK BOND RECORD
RANGE

Friday
BONDS

Interest

Exchange ' "

New York Stock

Period

...

Last

;■ or

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Friday's

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New

Pacific

&

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56

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1965

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gold 4s

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1969

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1966

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14
v

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.1993
E

.1977

__

.1982

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.1950

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1969

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49

47%

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ref

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1975

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and
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1951

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1970

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1950

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1952

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B

1956

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;

35

30

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91

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12

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1963

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1951

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99

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103

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101%

J-J

1955

trust

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1950

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105%

97

102%

—

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A-O

1952

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1966

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1951-

47

94

J-D

.1952

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1955

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1978;

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1966

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.

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95

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1963

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.

1957

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97

4

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57

57%

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10

101

69'A
100

Illinois Central ;RB—

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income 5s

,

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10%

7

J-J

&

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103%

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107%

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104 %

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102 ;102

102

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98

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1976

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70

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102

1973

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111

102%

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1977

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45

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receipts

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1982

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79

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debs

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A

RR

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96

•

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ser

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107

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102%

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80

83

62 y2

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1955

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,

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{ J-J

1970

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ref

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98

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1973

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83

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62%

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1974

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ref

74

*__

j-j

A-O

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debentures
El

106%

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82 %5

74

A-O

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—1964
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I

92

82%

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5

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100

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J-D
,

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63%

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1964

deposit

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105

Realty & Utilities Corp—F)

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102%

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13

102% 102%

j-d

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ser

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mtge

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103%

36

__

a-o

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Southwestern

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1st cons mtge 3y8s ser F
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107%

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&

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&

stamped

—

1975

series

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91%

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j-d

1st mtge 2%s

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65

44

48%

I'

107%

1952

mortgage 27/8s

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49'A

100

103%

87%

J-J

1963

City Ice & Fuel 23/4s debs
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1965

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94%

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1962

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1965

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100'A

46

4

102'A

102

__

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cons

t

53 V

series D

Cine Gas & Elec

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89'A

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3

77%

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5

43%

;

1963
4s

conv

F-A

88
15

49

87

56%

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Wqst'n Indiana

89%
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49

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Goodrich

.,,1951"

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1994

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49

84

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1994
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100

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101%

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100

64%
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98%

99

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J-J

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&

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34%

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A
1988
inc mtge 4%s-__l__Jan 1 2038
Ind & Louisville Ry—

67

gold 5s

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109%

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107%

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65

Af-N

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1977

East Tenn Va & Ga Div

103%

97

109

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ser

4%s__

Duquesne Light Co 2%s,

105'A

97

111% 111%

1985

inc

67

J-D

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104%

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mtge

& Tunnel

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Dow Chemical 2;35s debsJ
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1961
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1937

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No.

122%' 129%

3

1977

1st mtge 3%s

2nd

J-J

6

107

3%s

Chicago & Erie 1st gold 5s
Chicago Gt West 1st 4s series

1st

107

ref mtge

A Gen

Chic

129% 129%

ref mtge

Chicago & Eastern

A

129%

"

100

—

High

Bonds

*

Detroit & Mack 1st lien gold 4s
A Second
gold 4s

105'/a

2

Friday's

Low

49%

102'/«

3

r

101 y2101 y2

or

Bid & Asked

"

48

7

Week's Range

Last

Sale Prioe

Period

High

49%

f-a

3s

,

61 y2

56

—

A-O

B

ser

60%

■>...

New York Stock Exchange

No.

Low

Interest

"

bonds

Jan. 1

High.

60%

V

Champion Paper & Fibre deb
Chesapeake & Ohio Ry—

Range Since

Sold

q-j

1974

Ry Co—

60%

q-j

1987

ref 3%s ser A

mtge 3%s

j -j

1987

registered

Central
1st

1987

AUGUST 19

Friday

Bonds

Bid & Asked

'

t A Central of N J gen gold 5s
a 5s
registered
:
A General 4s

ENDED

Week's Range

Low

Central

FOR WEEK

A 1st gold 5s-series C___
SAInternat Hydro-Elec deb 6s
Int Rys Cent Amer

35

1

1st 5s B

1956

J-J

1944

A-O

1972

M-N

1959

J-D

.

(

—

71%
71
100

97

*97'A 103

*

J

D
Dayton Pr & Lt 1st mtge 2%s
1st mortgage 3s
1st mtge 3s series A
Dayton Union Ry 3'As ser B
Deere

&

Co

A-O

1978

j-j

1978

j-d

-105%

1965

j-d

>102

1965

2%s debs—

1973

a-o

Delaware & Hudson 4s extended
.1963
Delaware Lack & West RR Co—
N

Y

Lack

1st
A

&

&

ref

Western
m

5s

Income mtge
Coll

Tr

Delaware

C

ser

M-N
Af-N

tr

1st

mtge &

cbll

tr

27/8s__

1973

3%s

(3%

A

1%
Detroit

Salt

& ref 3s

Gen

&

ennv

<i

ref

3y2s

1st gtd

gold 48—1990
City Power & Light 2%s__1976

2%s
—1978
Kansas City Southern Ry 1st 3s__1950

687/a

58

58'/a

11

105% 105%

3

52%

1st

mtge 4s ser A

1975

J-J

J-j

90

90

90

Apr

61

61

61%

3%s series B
1968
Kansas City Terminal Ry 2%s—_-1974;
Kentucky Central gold 4s__
1987
Kentucky & Indiana Term 4%8—1961

69%

103,

105

106

1979

67%

101 Va 102

5

64%

77

2

96'A

102

106

Stamped

*103% 103%

'

XI.

1961

Plain

4%s

1961

87

91%

27

58

65%

A-O

10011 10041

4

10044

A-O

105

105%

28

103'A

105%

J-D

104'A 104'A

10

99%

104%

99%

102%

A-O

*102'A 103'A
*114%
*30

J-J

*99

i 100

108

108

*97%

1964

A-O

*104'A

1959

M-a

*1

M-a

ctfs

114%

100%

98

J-J
*178

5s

101%

50

J-J

Toll

114%

J-J

A-O

1st mtge 3s—:

103

J-J

1997

&

102%

*103% 104%

1961

lAKreuger

101%

102%

*102%

J-D

Kings County El L & P 6s

unguaranteed

,

100%

J-ry

Koppers Co

4

96

96

*76

A-O

-L
173

185

180

101 %

—

%

1%

104%
2

—

fixed

int)

series

series

: '
1993

G

j-j

81%

I,

iootnotes see Da«e

1966

m-S

*108%

1970

J-D

*106

1982

29

m-S

1958

debentures




Kanawha & Mich

87%

48

2018

series H

2%s

73%

59%

(4%%

(3%

contingent

Edison

Gen

3*

Lake

mtge

84

*50%

1993

mtge ser A
contingent int)
&

58%

105%

101%

K

96%

fixed

A Income

Income

A-O

•

102%

90%

*78%
.

t -n

contingent int)

Denver

Af-N

Grande West RR—

mtge ser

"

67%

If-8

102

101%

93

1st mtge

May 12042
Light 3s

coll

1%

92%

Lt 2%s_—1978

104 %

102

102% 102%

&

105%

104

II

Jersey Central Pow

102

Kansas

1993

mtge &

1st

987/a

"

1st

Denver & Rio

49

102%

Af-N

1973

division

&

101 % 102

1st mortgage

4-6s

Power

102

div

due

Morris & Essex

•Jamestown Frankl & Clear 1st 4s

J-D

81%

101% 101%

109%

109

77%

109%

2

21

82

107%

110

104 y8

—

106%

106%

Laclede Gas Light 4%s conv debs„1963

%

101%

Lakefront Dock

105 y4

109%

98

lst

mtge si

&

RR Termlnal—

3%s

s?r A

1968

J-D

119'A' '

117% 119%

188

107%

119%

*

28

(712)

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

-

Monday, August 22, 1949

-

NEW YORK BOND RECORD
RANGE

Friday
Interest

BONDS

New York Stock Exchange

Last

Period

or

Sale Pries

Lautaro
A

Nitrate

1st

mtge

Co

.1907
.1007

IS

A Navigation
S P mtge 3%g ser A

—

-1970

Lehigh Coal

A-O

Low

No.

—

4s registered

100

.

98

77

66%

67

67

us

us

us

6s

2003

343%

35

N Y

A

72%
41%

17

5 A 1st refunding 5s

1937
1937

u

42

41

42

69

35

49%

JATerminal

50

52%

543%

56

59%

59%

6

56

60

28%

35

27

293%

31

31%

38

303%

323%

ALombard

7s

513%

mmm*

55%

543%

m

—2003

gen 4s series

Electric

•

<>n |M|.

29

'

—

34%

35

20

32

70

70

1

61

74

A-O

•122

>

Gen A

P-4
A-O

•104

104%

102 %

1043/8

•103% 106%

106%

108%

Prior

26%

1966

US

1976

us

1st A ref M 3%s series
P_—_3003
1st A ref M 2%s series G_
2003

A-O

108%

A-O

92%

93

87%

14

94

3s

84

6

2003

A-O

99%

99%

3

97%

99%

1980

US

92%

92%

1

923/b

1966

us

107%

109%

ret

M

3%s

ser

84

76%

♦108% 108%

84

1st

(Wise)
1st

M
Macy (R H) A Co 2%s debs
Maine Central RR 4Vis
ser A
1st mtge A con 4s ser

1973

3-D

B
1964
Manati Sugar 4s sink
fund„Pbb 11967

3Vis

K-JV

1960

3-D

Manila RR

(Southern Lines) 4s

May Dept Stores 2%s debs
Mead Corp 1st
mtge 3s

1959
1973
—.1966

Metropolitan Edison 1st mtge
2%s_1074
Michigan Bell Telephone Co—
3Vi8

debentures

iggg

Michigan Central—
1951

—1052

Ref A impt 4Vis series
C
Il979
Michigan Cons Gas 1st mtge
3Vif-1969
1st mtge 2%s
1959
1st mtge 33/b»
tlAMidland of N J 1st ext 5s
1940
Minnesota Mining &
Mfg 23%s
1987
Minn

St Paul A Sault
Ste
1st mtge 4Vis inc ser
A

Marie—

Missouri-Kansas-Texas
40-year
Prior

5s

4s

series

series

A

1st

A 1st

IS

100% 100%

3-D
US

*

97

•102

A-O

100%

•104%

—

103%

103%

103 Vi 103%

103

106%

US

•99%

us

100

„

•101

102 %

73

73%

12

108% 108%

7

IS

us

108%

us

•98%

us

•105%

A-O

98

A

-1;

49

*1023/4 103%

1053/4
62

101%

27

41

53%

693/4

70

28

66%

iggo

6

79

*

87'

J-D

70

J-J

78

J-J

1st mtge 2%s_

65

1st

__

1st

mortgage

•

B

US

1966

2000

——

' t

A

893%
56

US

__

US

i986
—1976

us

105%
55 3/8

__

A Tel 2%g

C.

23%s~debsll970
1965

1967

-II1954

4s,.

A

5Vis

iq«i

-""1074
...

1986

3s_IIIie74
1983

•'74

i

Certificates

57%

2

70

&

ref

Mexico

623/4
104%

102%

50%

15

583/4

70

A-O

—

104%

J-D
ir-H

89%

V/

81%

us
A-O

104 %

N Y

—

J-J
P-A

N Y

Mtge

4S

sw*.

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fr>-

<oofporp<.

♦98

1

A-O

15

-

2

105'%
105%

101%

104%

42

101%

105'%

2

1013%

„

J

■

US

*106% 107

1981

MS

*101% 105

1955

IS

*104%

3%s

debentures

Paducan & 111 1st s f gold 4%s_
Pennsylvania-Central Airlines—

A3%s

conv

income debentures—1960

A-O

93%

94%
91%

89%
1013%
105 %
104

Gtd

4s

series E trust Ctfs

1962

Pennsylvania Glass Sand 3 Vis
1960
Pennsylvania Power A Light Co—
1st
3s

mtge 3s

98

Cons

sinking fund 4%s_

91%

102

3s

3 Vis

89%

JS

8 9 5/8

A-O

1985

P

A-O

IS

1963

series

101%

1984

EL

983/8

J-D

1952

series

Peoria
A

debentures

conv

A

Eastern

4s ext

I-D

1960

Apr

1974

A-O

58

57%
63%

64 %

1980

IS
3 Vis

1993
1994

I

P-A

1999

P-A

1994

P-A

1980

A-O

series B__1975

A-O

1951

F-A

jqqq

Jf-N
J-J

2043

W

89%

—

•

101%

100 Vb

62

983%

102

773%

11

75

1113% nii/2

15

100

76%

773/4

110

Bait

A

52%
12

87

103

•_.

4

Wash RR Co-

5s

series

B

P-A

1977

IS

1961

IS

*107%

; 99
114

61%
16

1043%
103%

1163%

106 3%

__

101% 105%

10

13

110

104%

106%

303

103

S

99%

103

103%

36

1003%

102

102'%

7

1st

99'%

A

102%

ret

23/4S

1981

I-D

♦102

1023%

<*•«•

99

102

1st

&

ref

27/8s

1975

P-A

104% 104%

1

75

1033%
101%

ISAPhilippine Ry 1st

105%

Certificates of deposit
Phillips Pptroleum 2%s debs
Pittsburg Bessemer A L Erie 2%s

95%
3%

93
95

93

s

f 4s

1937

IS

1964

F-A

1995

I-D

1953

J-D

10%

Cons gtd 4s series P

92

98
95

52

61

56%

50%

60 3%

49%

7
4

4

100

90%

6

58

94%

—

95

85%
99%

•100

92

101%

100
'

'

100

100

100

95

100

99^

series

F-A

*109 Vi

M-H

♦109%

103Vi 103Vi

7%

91

104%
103%
10

103%
993%

105

~1

107%

103%

105 3%

103'%

— —

108%

113%

110

114%

—

1033%

993% 100%

11

96%

107

99% 100

14

97

108

5

75

1

99%

1970

J-D
A-O

1975

A-O

77%

77%

MS

99%

99Vi

Pittsburgh Steel 1st mtge 4%s
195S
Pittsburgh A West Virginia Ry—

101%

103

1033%

——

—

1975

Plttsb Coke & Chem 1st
mtge 3%s_1964
Pittsburgh Consolidation Coal—
3%s debentures
1965

7'%

9

99%

*103'%

P-A

1964

E

US

1963

101'%

16

*102% 308

1957

Pgh Cine Chic A St Louis RR—
'
Gen mtge 5s series A
Gen mtge 5s series B
3a/8s

10%

1023% 103

i960

Cons gtd 4s series H
Cons gtd 4 Vis series I
Cons gtd 4 Vis series J

mtge

10%

*9%
103

Pgh Cine Chic A St Louis Ry—
Cons gtd 4s series G

/

50

21

— —

116%

30

50

103%

102

61%

92

3

103

663%

101

103Vi

11

— —

us

50

92

12%

*103"% 197 %

113'%

US

52

101

533%

12%

Vi

106%

I-D

93

52 3%1

~

84%

1907

75

96%

8

1974

643/8

99%

903%

1971

21

*94%

101%

87%

106%

23/4S.

73

*

85%

2%s

92

—

95

—

101

8

23/4S

81%

95

90 3%

ref

59%

99% 100
—

96%

ref

85%

77

523%

95%

35

ref

683%

*51%

J-D

1988

--

116

98

&

73

5334

113%

993%

-

&

72

56%

31

104

&

47

53%

102%

1st

78%

*49%

1003%

1st

74%

56%
—

53%

1

103

1st

77%

P-A

99%

106%

74

773%
—

103%

7

98 Vi

US

1974

Gen

,

103

v

104 %

93

114

58%

64

104%

104%

88%

7

•?'

A-O

102

1013% 102%

100

P-A

Philadelphia Co coll tr 4Vis
Philadelphia Electric Co—

—

2013
River RR—

69%

1

114% 115

A-O

Apr 1990

income 4s

General

118

88

25

98

2013

52

103% 104

P-A

J-D

1981

D

Phila

89

28

56

12

103

1965

3%s

mtge

A-O

1965

100%

,.100%, 104

15

93

55%

101%

643%

*100

103%

1860

A.

B

series

4 Vis

mtge
deb

series

series

98

16

94%

96%

—

RR—

103%

95

88 3%

——

■

100 %

103% 103%

I-D

A-O

1865

debentures

f

s

Pennsylvania

105%

75

.

92%

——.

__

63%

MS

1875

Peoria A Pekln Union Ry 0%s
Pere Marquette Ry 3%s ser D

103%

-

——

93

IS

64%

953%

105

Pennsylvania Co—

4 Vis

993%

—

"

1997

105

103

—

101% 102

—

1053%

104%

1033%

3

102

55%




106%

102'%

*101% 102

A

P-A

1999

*105

1971

5s

117

——

P-A

pafirf

104% 105%

debentures

4Vis

1013%

—

*103% 104%

M

4

ee

104%

I-D

3%s

1037/e

__

•1043%

IS

deposit

B

24

1977

983%

104%

♦75

—

MS

A-O

N Y A Harlem
gold 3Vis

1043^ 104%

A-O

General

933%

7

•106%

—

?

IS

A

Connecting RR 2%s
Dock 1st gold 4s

104%

A-O

General

104

104%

104 %

_

US

1959

P

J-D

1986

75%

103'%

■

117% 117%

iwu

New York Chicago A St
Louis—
Ref mtge 3 Vis ser E
ser

1

1987

96%

83

—

30

*1013% 102%

■—

deposit

mtge 3 Vis

mtge 3s

105V4 105 %

*105% 1053%

Peoples Gas Light A Coke Co—

*104% 104%
1043% 104%

.

3Vi8

Is*

105%

1979

—

65

♦99% 100%

__

a,

D

Mich Cent coll gold 3
Vis
3 Vis registered

J-D

debentures

91

—-

A Hudson

J-D

1974

*lst & ref 3s series

100% 104%

98%

101% 1013%
*104% 105%

—

IS

1954

registered
Lake Shore coll
gold
3 Vis registered

J-D

1970

series K

3s

104%

103%

6

72%

; *84%

J-D

mat

lmpt 58 series C

Z Central

106

102%

1965
.1971

1st A ref 3s series J

Conv

P-A

195a

York Central RR Co—
4s series A
Ref A impt 4Vis series A

General

1

105

105'%

101

26

Cons

«

1063% 1063%

103%

104'%

-ii.:

•104%

—

deposit

of

"2

100%

:
■■

75

•97%

__

A-O

Rj£L

C

New

104% 1043%

A-O

General gold 4%s series C
1Qfl„

series

A—1960

106 3%

Qo—

Certificates of deposit

A 1st

100 3/s

Pacific Gas A Electric Co—

Gen

1986

—

of

95

100

103

89%

& St Louis—

series B_

series

18

J-D

3 Vis

80%

75%

•;

■

*l6I5/a

57%

1955

Supply 2%s debs

4 Vis

100 %

J-D

105

;•

169

,

89%

•

Il95fl

mtge 3s

Certificates

100'%

100 ■%

59

56

jv

i'

US

gtd 4s

A

16%
1043%

96

3

15

89 Vi

873%

87%

P-A

ST Junction RR
S? Be" ™ePhone 3V7Ci:i988

A 1st

10%
1003%

5

105 3%

67%

88

*5"

3-D

dens

Vis series B

series

1
3

103%

N

5s

3s ser

F-A

1978
1979

14%

93'%

893/4

Certificates of

1975

3 Via

mortgage 3s

14%

104% 104 %

100% 100%

100%

1033%

89%

P-A

1991

debentures
3s debentures

A

A-O

103%

75%
50%

A-O

1981
4s

3s

A 1st

us

1975

6

75%

1980

J-D

-

IS

1974

....

~5

284

ac

1941

mtge 23/4S
Oklahoma Gas A Electric 2%s

103% 103%

220

H

series I.

*New Orleans Texas
A 1st 5s
series B

107

100% 100%

27%

Northeastern

105'%

—

I-D

20%

Ref & Imp 4 Vis series
A
Orleans Term 1st

107

*105

I-D

539

New

97

J-D

26%

Jersey

97

—

1985

25

Orleans Great Nor 5s
A

us

101%

1983

70%

25%

New

1878

*__

1st mtge A rtf M 3s ser S
Pacific Tel & Tel 2%s debs
2%s debentures

69 %

59

US

*ew Orleans A

US

85%

64
6

87%

47%

_1940

gtd 1st 4s
Power & Light

A-O

1978

Telephone—

102'%

893/4

New

101%

100%

89 3/4

N J

99%

98%

——

98%

49%

Tel

1977

3s

Bell

101 %

*1013%

95

75%

gold

987/a
32

101%

101

101%

5

75%

&

♦100

IS

95

103%

1981

37%

gtd 4'%s

95'%

25

140

England Tel

P-A
A-O

1975

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A-O

1st

81

102% 102 Vi

*

MS

1970

New

1974

1975

95

29
66

100 Vi 100%

533

ist

88%
101

104% 104%

1,399

RR

87 Vi

100

J-D

893%

Naugatuck

88%
1003/4

I-D

62%

62

P-A

StiL^R?6? Corp 1st W8~s~debsll974
Steel Pr°ducts
National

IS

1975

I-D

893%

_

88

83

1981

49%

debentures

72%

6

2047

debentures

Gnn

3s

7

88

1980

87%

National Dairy
Products

61%

80

86%

series P_

873/4

Chattanooga

54

79

IS

series N

46%

mtge 3s series B_

59

IS¬

3s__.

General

1st

13

59

2047

2%s

88%

A

Con.t? M 5s seriesgt? 3V*8
Constr 5*leX l8f
A

Nashville

101%
643/8

3s

87%

?£?.^States Tel
3 Vis debentures

56%

A ref

US

4

69

A ref

US

Constr M

62

73

78

65

67

1975

series

106%

943%

62%

*98%* 99
62%

1st

663%

J-J
A-O

195*

jb

97

1st A ref 2%s series Q.
1st & ref M 3%s ser R

1971

Co

107 V2

99

74%

1977

a

102% 103

series M—

P

(Jonn)

103

1st A ref 3s

series

Monongahela Ry 3 Vis

105

—

85

1st
1902

gtd

112'%

2047

8 A 1st guaranteed 4s
Ohio Edison 1st mtge 3s.

1st

RR—

1st

Q-F
Q-A

41st & ref 3Vis series I

102%

series G

ref 5s

129%

111

108%

5s

Mohawk A Malone

128

100

102%

80%

1990

series

72

2

Power Co—

Oregon-Washington RR

5b

gold 5s

10

102

56

5s series A
4s

ret

77

113

81

105%

-

„

•45

A-O

100

99%
66

45%

A

ser

77

JOgdensburg A Lake Champlaln Ry—

100%

100%

80

B

gold 5Vis

A

Morren

61

ret

A

AConv

109 %

91%

61

ret

A

A 1st

85

61

J-J

ret

A 1st

105%

108%

95

87

•„

JS

4 Vis series D
197a
adjust 5s series A—Jan
1967
tMissouri Pacific RR Co—

General

87%

•86%

US

Jan 1991

lien

A 1st
A

89%

101%

1

71%

US

*■"

A Cum

A

88%

101%
106%

14

129% 129%

Q-J

2047

mortgage

75

97%
103 Vb

101%

673/4

69

Jan 1971

AGen mtge 4s inc ser A
Mo Kansas & Texas 1st
4s

lien

100%

„

•63

1st

Jack Lans A
Sag 3Vis
1st gold 3 Vis

Prior

♦101%

1997
Jan 1 2047

3s

23/4S

Northwestern

62%
10

r-

QS

mtge 2%s

1st mtge
1st mtge

67

*111

1974

registered

(Minn)

22

104 % 104%

A-O

1997

Ref A lmpt 4%s series A
Ref A impt 5s series C
Ref A impt 5s series D
Coll trust 4Vis

93%

A

lien

46%
35

14

Railway—

4s

registered

General

33
28

15%

108% 108%

4%s series A

Pacific

Northern States

84

H

St Louis Div 2d
gold 3s
Atl Knox A Cine Div 4s

1st

ret

lien

4s

50%

106%

106% 106%

104 7/s

Inc

conv

38

101 % 101%

A-O

Northern

3-D

1073%

25

,

*1053/4 106%

US

123%

1963

Lorlllard (P) Co deb 6s
3s debentures
Louisville Gas A Elec 3 Vis
1st A ref mtge 3s
Louisville A Nashville RR—

5s

2014

5s

mtge

108%

1983

A

AGen

103

•100

1951

series

gold

mtge 3s series P.

103

120

1st

Falls Power 3V4l
Norfolk Southern Ry Co—

106%

•106%

M-xr

97%

104%

*62%

5s_

Norfolk A Western Ry 1st gold 48.1995
Northern Central gen A ref 5s
1974

A-O

—

gold

Niagara
;

63 Vi

*10

4%s—

Telephone 2%s ser D.
mtge 3Vis ser E

Ref

1963

A

Y

gold

Ref

35

70

A-O

N

5

50

105%

*36

8 A 2d

8 A General

■

■12

96

♦105

46%

a

:•

IS
IS

58

11 Vb

1013%

Susquehanna A Western RR—

42%

28%

Miami

1977

1963

58

32

W»tmm

Little

98%

31

—m

Lehigh Valley Terminal Ry ext 6s_1951
Lexington A Eastern Ry 1st 5s
1966
Liggett A Myers Tobacco 5s
1951

7

101 Vi 1013/4

90

2003

A5s series F wi

2%

44

2003

1

w

A4Vis series E wi

6%

38%

40

103%

34
23

38%

30

1013%

8%
4 -; > ■

37%

2003

A 4s series D

Gas 2%A

1st 3%a

69%
48%

83/4

38

38%

2003

2003

State Elec

Y Steam Corp

IN Y

56

33%

33/4

A-O

60

72%
81

*1013/4 102

US

1st cons

cons mtge 4s ser A wi
4V2s series B wl

1

2%«—1975
gtd 4*
1993

N Y Power A Light 1st mtge

30

62%
71

8%

N Y A Putnam

2

High

70

74%

3%

J-D

93

5s

w

Jf-M

1955

4s

__

us

C

19®4

4s

70%

162

35

mtge 4s ser A

AGeneral

*68%

..

74%

IAN Y Ont A West ref 4s—June 1992
;;

N

2003

170

—

RR—

Hartlord

72

28

35%

96%

A

56%

3

343%

—

101%

78

•V.\ .'■££

83%
77

2003

Gen

100

64%

35

98

39%

AGen mtge conv inc 4%s ser A-2022
Harlem River A Port Chester—

65%

IS

61%

38%

97

77

US

60%

39

91 Vi

Haven

Jan. 1

Low

May

1st A ref

4 Vis series B

Range Since

Sold
No.

2007

93%

F-A

2003

modified

100

High

61

88

95

•

'■'•V

Bonds

IS

91 Vi

*93 VB

Friday's

low

MS

90 Vi

New

or

Bid & Asked

'

1973

74%

*

'

US

87%

91 Vi

Week's Range

Last

Sale Price

1973

96 Vi

F-A

4%s stamped modified.
4,/afi registered

series

N Y Lack & West 4s series A

81

16

Period

\

1st

F-A

Interest

High,

Co—

P-A

,

BONDS

N

Dei

Lehigh Valley Coal Co—
5s stamped
.1964
6s stamped
1964
5s stamped
1974
Lehigh Val Harbor Term gtd 6s
1954
Lehigh Valley Ry Co NY 4%s ext.I960
Lehigh Valley RR—
4s stamped modified
2003

stamped

90 Vi

*83

—

_107f

reg

19

New York Stock Exchange

Jan. 1

Ltd—

Income

AUGUST

Range Since

Sold

High

89 Vi

90

J-O

ENDED

Friday
Bonds

Friday's

Bid A Asked
Low

Lake Sh A Mich Sou gold 3%s.
3 %s registered

WEEK

FOR

Week's Range

100

*102Vi 103

IS
A-O

9734

99

89

101%

1003%
10

103

973%

103

1st mtge 4Vis

series A

1989

I-D

84%

1st mtge 4Vis

series B

1965

A-O

*84%

85%

81

92

1st mtge 4Vis series C
I960
Pitts Youngstown A Ashtabula
Ry—
1st gen 5s series B
1962
1st gen 5s series C
1974

A-O

83%

83%

803%

92

107 Vi 109%

107%

109

1st

gen

4Vis series D_

*

F-A

84 Vb

81%

92%

I-D

1977

I-D

FIttston Co 5Vis inc debs.
1964
Potomac Elec Pwr 1st mtge 3V«8_1966
1st mortgage 3 Vis
1977

JS

*106

106

107%

F-A

*108

108%

1063%

108

1983

IS

*103

1033/4

102

103%

1984

US

._1956

MS

1st mortgage 3s
1st mtge 2% s
Providence Terminal 4s.

IS

99%

99% 100

99%

14

99%

99%

100%

9934

Volume

Number 4831

170

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

(713)

29

NEW YORK BOND RECORD
RANGE FOR

Friday
BONDS

Interest

New York Stock

Exchange

Last

Period

or

Sale Price

Service

.1903

—

M-N

1st & ref

mtge 3y«».

lst

&

mtge 3s—

.2037

&

8a_

.2037

104%

J-J

1st

ref

mtge

.1968

J-J

Low

101 %

"108% 109
*141%

__

1st

&

ref

mtge

3s—

1973

MS

1st

&

ref

mtge 2%s.

1979

J-D

.1964

J-J

105

109%

107 Vi

146Vi

**104'A

104

106

103%

104 %

100%

102%

106 Vi

104'A 104'A

1

Low

Tol

J-D

Orleans 3%s._1974

Range Since

Sold

High

*101%

Jan. 1

No.

Low

High

100%

—

1960

J-J

47%

I960

A-O

183A

3%s__19b0

J-D

*94

95%

M-8

♦99

tThird Ave Ry 1st ref 4s
A Adj income 5s

148
220

—

Bonds

Bid & Asked

Pacific—

Pacific-Missouri

Term RR of New

215

—

*217

Sale Price

•]

'■

Texas
7

Last

Period

New York Stock Exchange

High

Week's Range
or
Friday's

Interest

BONDS

Jan. 1

No.

104% 104%

J-D

ref

AUGUST 19

Range Since

Sold

High

Elec & Gas Co—

debentures

3s

ENDED

Friday
Bonds

Friday's

Bid & Asked

Low

Public

WEEK

Week's Range

Jan

Ohio Cent rei & unpt

47%

48

48

18 %

19

116

102

41

71%

16%

45%

94

102

100%

98%

100%

109% 109%

108'A

Tri-Continental Corp 2%s debs

1961

Union Electric Co of Mo 3%s,

1971

M-N

1975

A-O

101% 101%

99%

1968

M-N

♦103% 104'/»

100%

103 '/a

1967

J-J

*103'A 104

103

104%

1970

JtD

.1976

F-A

U
Quaker

Oats

2%s

deb.

*

102 Vi

—

_

1st mtge & coil

R
Reading Co 1st & ref 3%« ser D..1995
Reynolds (R J) Tobacco 3s debs__1973
Rochester

Gas

&

Elec

Gen

mtge

Gen

mtge 3%o

Gen

mtge

3%s

Gan

mtare

3 Vis

JA
.

4%s series

-1977
.1967
-1967

2d

J

.1969

1st gold

5s

*8

10

7%

8%

*101% 103%

97%

67%

68'/a

*73

1953

J-J

*99

1989
Nov 1989

3s

Tel

& Tel

debentures

Gold

2%s series E

4s

series

92

M-N

&

ref

2"Vis

M

& Southwest

ser

1st

1st cons 5s
1st lien & ref M 3%s ser C

;

*102%

100%
127

128

100

102%

__

■

V

-

;-r~

102% 102%

■

6

'

65%

64%

65%

40

58%

97%

97%

97%

5

94%

*100% 1C0%

A-O

99%

98%

F-A

99%

48

J-D

96

103

98%

93%

A-0

47

48

*102

J-J

100%

100%

(Hiram)

Walworth Co'

Ward

103%

40

95

99%

_.

—

123

123 Va

Baking

103%
8

3%s

mtge

96

'105%

101'/a

97

102%

West

J-J

*102

102%

*68

73%

MS

99'A

m-n

89%

m-n

88

99

100

90%

59

87%

88%

54

J-J

83%

95

A-O

83%

Ref

95

86%

A-O

101

103%

101

2

92%

J-J

101%

101

■';:•■ :':-A

101%

Apr

44

44

F-A

97%

"i

J-J
J-J

M-N

97%

102%

96

103%
41

3

*103% 104%

—

98

102% 102%

35

8

*43

99

99%

104

J-J

2361

real

estate

4%s

*104'/a

Mfg

*103%

99%

M-N

42

49 Va

66

97%

101%

99'/a

101

99% 100

,

99%

99%
92

95

77%

1951

A

J-J

debentures

*

100'/a

1973

J-J

1949

M-N

1992

'

95 %

102

86

101%

64%

86%

10

100'/a, •

100 %

101'/a

"98'/a

100 Va

*1 •*%

100

&

New

series

2019
1985

D

101%

101% 102'/a
V'' A-

••

,

i-w.'

& ref

A-0
M-N

102%

M-S

97

*98
103

104

1960

J-J

J Wisconsin

100

102%
112'%

104

31

71%

.1

103

96%
96%

12

71'%

74%

36

49%
46%

100

A-O

~i

97

J-J

1958

§ A 1st

107%

Central

3s

103

A Certificates of

98

Wisconsin

Electric

~

75%

76

74%

74%

40

40

76

J-J

1949

deposit
§ ASu & Du div & term 1st 4s

104%

*115%

J-J
1936

A

M-N

-

—

101%

5

deposit

Power

2%s

1st mortgage 2%s
Wisconsin Public Service

97

99%

M

3%s series C

7

115'A

24

99 %

106'A

37

104%

96'/a

96%

•'••A 18

94%

92%

92%

2

88'%

124'A 124'A

2000

11

118%

92%

113

3'As

*5

78

J-D

1979

J-J

*106%

W

*96%

98'/a
101%

104%

98%

M-S

1971

95%
101%

90%

1976

107

102%

106

1990

& Pacific 1st
gold 5s
Gen & ref M 3%s series E

Texas

99%

V

Ry—

general

4s
A Certificates
of

52

102% 103

1970

101 J!

35%

1970

1967

97

119'% 119'%

Orleans RR—

1st & ref M 3 Vis series B
1st

J-J

102'A

100 3*2

99

J-D

conv

Wheeling Steel 3%s series C

97%

62

76

V

-

761/4
777/8
101% 101%

M-S

63%

52'A

.

27

19

99%

93%

J-J

1971

109%

12

54'/a

M-S

...

107 3A

106%

567/a

,,

2 Vis

105'A

~1

♦100'/a 101'/a

May

Gen & ref M 2%s series A

'

—

72

—

I960

&

106%

53'A

A-O

1951

104

53%

56%

M-S

1950 %

~2

107

107

M-S
_

55

99%

99'/a

105% 107%

J-D

M-N

106%

45

104

104

1st mtge 3'As series D
Wilson & Co 1st mortgage
Winston-Salem S B 1st 4s

3

9fJ%

99%
92

104%

101

Yonkers Elec Lt <fe Power 2%s____i976

*97

99%

76%
102

85

49

*_.

J-D

2361

fz

105'A

F-A

110

101%

37

105'A 106

'

33

107

102%
93%

-

85

F-A

Wheeling & Lake Erie RR 4s

98

108

101'A

5
——

guaranteed

debentures

2.65s

85

83

64%
94%

98%

101%

99%
104

*106% 107%

m-n

95%

7v>5

108

101% 101%

A-0

m-n

2%s

116%

79%

4s

Westinghouse El

95%

109%

18

103% 103%
*103

Funding

84%

15

1st

25-year gold 5s
30-year 5s —

90

40

88

101

)

J-J

J-J

:rr;

110% 110%
87

A-O

1974

92%

'

'

1965

& imp 2%s
Corp 3s deb

106%

75

2

~7

♦101

A-O
:

Western Maryland 1st mtge 4s
1952
Western Pacific 4%s inc A
Jan2014*
Western Union Telegraph Co—

95%

77

15

Shore

98

1968

Registered

101

84

83'/a

J-J-

1972

74%
75

90

77%
101%

100

*__

1966

89

*100

J-J

J-J

84

88%

J-D

70%

--

75
70

98

1979

Gen mtge 3s gtd—
West Penn Power 3 Vis series I

J-J

75

II
-

Texas

98

102'A

103 %

v*68

1967

104%

94%

1973

Texas

104

79

17

Co—

100%

1971

Terminal RR Assn of St Louis—
Ref & imp M 4s series C

110%

85%

85

M-N

.

5Vas
debs
(subordinated)
1970
Warren RR 1st ref gtd gold 3%s__2000
Washington Terminal 2%s ser A..1970
Westchester Ltg 5s stpd gtd
1950

101%

,

1

1985

debentures

104'/a

107%

101% 102%

101%

Apr
Apr
M-N

debentures 3%s_1976

conv

33

1983

debs

101%

102%

110% 110'/a

Apr

G & W 2%s debs.1966

54%

100

99%

*123%

Walker

104% 104%

1966

106

98%

*104%

A-O

1971

99%

25

1

1st mtge 3%s series B

101% 101%

1951

70

*102% 103%

Gen mtge 4s lnc series A.___Jan 1981
Gen mtge inc 4'As series B—Jan 1991

98

J-D

•

106

107%

101% 101%

W

F-A

4Vis__2013

2%s

80

Wabash RR Co—

69%

J-D

1956

Sunray Oil Corp 27/is debs

96

.100%

♦__

101%

M-S

102 %

*126

J-J

1956

Standard Oil of Calif 2%s
debs
Standard Oil (N J) deb
2%s
2%s debentures

27/ss

1995
1973

Va

J-J

1996

Louis Div 1st gold 4s
Southwestern Bell Tel 2%s debs
3 Vis debentures
A
Spokane Internat 1st gold

Co

A-O

94%

96

75%

J-J

1958

101'A

103%

1956

St

&

2003

97

99'/a
93'/a

F-A

107%

1994

>' Memphis Div 1st gold 5s

Swift

gtd 5s

91%

2

'•

1961
A

6Vis series A

gen

85%

w—.

106%

1996

gold 5s

&

A-O

G

1963
1979

Virginian Ry 3s series B

101

1986

l^~el & gen 6s series A
Devel

M-S

V

110

*107%

1981

,

'■1st mtge 23/4S series F
1st mtge 2 Vis series G
Southern Ry 1st cons

'

1975
1978

1st

61%

J-J

1st mtg 3%a ser
A.1975
Pacific RR Co—

gen

M-N

series A—1953

Virginia Electric & Power Co—
1st & ref mtge 2%s series E
1st & ref mtge 3s series F

88%

46%

A-O

1977

San Ft Term

&

,

*102% 103

1969

Gold 4Vis

Devel

gg

1994

(Oregon Lines) A

1st mtge

:

105

11987

4 Vis

Southern

1957

Gen

Indiana Ry 2%s
Southern Pacific Co—
4 Vis

Vandalia RR cons g 4s
Cons s f 4s series B

1985

;

Southern
1st

83

„

*109%

Co—

—

16

103%

10

93%

*96

1979

debentures

2%s

31
208

M-n

1963

debentures

2%s

85

53%

J-J

t§ASilesian-Amer Corp coll tr 7s__1941
Skelly Oil 23/4S debs
1965
Socony-Vacuum Oil 2Vis
1976

Southern Bell

102

1003A

*80

debentures

3Vis conv debentures

V-D

1998
AGen mtge 4Vis series A
Jan 2010
(Jos E) & Bona 2Vis
1960
Debentures 3s
1974
VShell Union Oil 2Vis debs
1971

RR gtd 5s

84 %

52%

J-J

1st mtge 4s series A

Ala

85

53

M-N

6eagram

Nor

A-O

M-S

100

97

May

:

&

101

J-J

Gen & ref gold 5s series A
1990
St Paul & Duluth 1st cons
gold 4s_1968
St Paul Union
Dept 3Vis B
1*71
Scioto V & N E 1st
gtd 4s
1989
Seaboard Air Line RR Co—

South

97

93%

1959

86

J-J
A-0

mtge 4s series A—I
1997
2nd mtge lnc 4 Vis ser
A—Jan 2022
Louis-Southwestern Ry—
inc

26

101% 101 %

1967

76

71%

96

A-O

M-N

101%

1996

certificates
bond ctfs

M-S

.1991

series C_.

2%s debs

Rubber

103%

99%

12%

MS

103

L

103

?

1976

S

102

101%

10

11

102

110'

RR—

2Vis

mtge

109 7%

Universal Pictures 3%s debs—

106%

*10

1998

bond

deb

debentures

2%s

105%

—

1971

A.

Pacific

2%s

U

*106'/a

Calif 3s

of

United Biscuit Co of Amer 2%s__ ..1966

J-J

A

4s

Union

118

;

debentures

Ref
117

—

J-J

1st

4s

93%
105%

1949

Rocky Mt & P 5s stamped
St Louis-San Francisco
Ry Co—

1st

85

102%

1941

.

stamped

gold 6s

2d

23

__

♦119'A

MS

Jiamptu.

St L

St

91%

MS

series

4Vis

Adlr

90 Vi

*105%

MS

I

Saguenay Power 3s series
St Lawr &

91 Vi

MS

H

Oil

2%s

A-0

series
as

!§ARutland RR

Jf-N

D

series

Rut-Canadian

Union

Corp—

trust 2%s

debentures

3s

119'%

Deferred

delivery

'

1

■

96%

96%

94

year's range, d Ex-interest.
• Odd-lot sale not
Included in the year's range
n Under-tbe-rule sale not Included in the year's range,
r Cash sale
not included in the year's range,
y Ex-coupon.
' v
SNegotlability impaired by maturity.
fCompanies reported as being in bankruptcy, receivership, or reorganised under Beetion 77 ot
the Bankruptcy Act, or securities assumed by such companies.
•Friday s bid and asked prices; no sales being transacted during current week.
a

103

106%

sale

not

Included

in

the

t,

99

97%

.

127

1985

A

UavxHo

ffllUntr

flat.

NEW YORK CURB EXCHANGE
WEEKLY
-A

AND

following extensive list we furnish a comDlete record of the transactions on New York Curb
Exchange for the week beginning on Saturday, Aug. 13
Friday. Aug. 19. It is compiled from the reports of the Curb Exchange itself, and is intended to include every security, whether stock
bond, in which any dealings have occurred
„lirrpnt VPar
during the current year.

and ending the current
or

,

_

.

RANGE

Friday
STOCKS—

New York Curb

Motors

Aluminum

Acme

Wire

Adam

Hat

Sale Price

Alloys

Mfg

Associates

Inc

6

Air-Way

Electric
Great

Alabama

Power

Alles

&

Allied

Fisher

pfd

100
-.1

$3.75

Bros

Co

common

of

97%
5%

America

Aluminum

Goods

;

Aluminum

Industries

Mfg
common




American

Jun

32%
6

Aug

American

1%

Jan

American

7%

Jan

Jan

500

8%

Jun

COO

4%

Jun

5%

Feb

:

6%

500

79'%

20

78% Aug

97'A

97'A

25

91

4%

5%

6,600

7

Apr
Mar

92 '%

Jun

97% Aug

Book
Cities

B

Power

&

&

Hard

American

Rubber

5% July

Feb

3'/a

Apr

American

13%

Jun

17%

Jan

5%

Feb

51

50

51%

3,900

45%

Jun

54

99%

93%

99%

100

93%

Jan

99% Aug

300

6

"5% ~6

600

Mar

20% July
4% Jun

6% May
9'/a Jan
Mar

American

Maracaibo

American Metal
American
American
6 %

25

Co

Jan

~6

.100
10c
1
1

preferred

Laundry Mach
American Mfg Co common

Apr

;

Natural

26'/a

Jan

Class

6%

Jan

American

Potash

Co

& Chem

B

Republics

High

35%

Jun

51%

1.700

%

Jun

1%

Jun

1"%

63

63

58

July

6

Mar

20

7%

7%

7%

700

45%

44%

45%

5,900

x2%

/

2

—V
25
class A

•
*

10

2%

1,300

34%

34%

325

Jan

Jan
Jan

Jan

66

37% Jan
Jan

2

Jun

7% Aug
46"% July
114% May
2% July

27%

Feb

33%

32%

Jan

34%

9%

—

—

.

111

Jun

13%

19% Aug

25'%

15%'Mar

.

4%
10%

19%

20%

14

19%

14

4

1,100

Aug

Apr
Jan
|

Apr

100

13

July

4%

34,000

3

Jun

400

7%

Jun

10% Aug

Feb

41

10%

10%

32

•

Co
Gas

20
1

preferred

American

%

—.

25

Co

Products common

Meter

/

10

com

preferred

convertible

Low

2,800

46

Light—

American General Corp common
$2 convertible preferred

$2.50

43%

%

1
Electric

Range Since January 1

High

1

45%

1

100

—

Gas

Shares

1

common
Co

Feb

6

class A

Beverage

American

4%%

Co

3%

"i

•
•

6%

American

Class

Car

■

*

common

Bantam

Sales

for Week

Range
of Prices

Low

Par

■

2%

•

100

Jan

10 % Mar

•'

3%

5

common—•

preferred

Aluminum Ltd

Jan
Jan

800

1
1

cumulative

Jan

l7% A

1.1

Brewing Co

Aitofer

1%

3% May
1% Mar

6'A

'I''!"I/''''

High

3%

600

"9%

Sale Price

Week's

Last

New York Curb Exchange

Jun

6%

Investing Corp
(Mich)
common

Products

l'/a

79%

50

common

Altes

Aluminum

% May
300

6

6

Appliance

4.20%

Allied

Friday

Low

"2

_9

J)

19

STOCKS—

High

Stores

(N

Inc

Internat

1%

AUGUST

Range Since January 1

7'/a

1%

Southern

Airlines

~5'A

ENDED

Sales

Shares

20

common

Inc

Alabama

Alaska

~2

FOR WEEK

tor Week

.10

Stores

Supply Mfg
Agnew Surpass Shoe
Alnsworth

Low

-1

Aero

Air

Range
of Prices

warrants

common

Co

Week's

Last

Exchange
Par

ACF-Brill
Acme

RECORD

YEARLY

In the

32

26

26%

25

34

5V4

Jan
Jan

24
24%

24

Jan

26'/a Aug

x37 % x37 %

26%

100

30

Jun

32

24

24%

550

22%

Jun

28 % Mar

24%

24%

300

22%

Jun

28 'A Mar

22%

24 %

3,700

20%

Jun

25 %

11,700

17%

Aug

Jan

4*-

J*

•••■

FOR

RANGE

Week's

Friday
Last

STOCKS—

Exchange

New York Curb

Range

•ale PrUe

ef Prices
Low

Par

American
Amer

$6

Seal-Kap

American

4%

4%

5%

6%

1,900

4%

4%

200

(7%

14%

-

Appalachian Elec Pwr 4% ft pfd- —IOC

109

Apex-Elec Manufacturing Co

1

Argus

Ino
Arkansas Natural Gas common-

If
I*

$7 pfd_.

Light

—2.5#

Equipment Corp

1

Ashland Oil A Refining Co

•

$1.20 cony preferred
Aspinook (The) Corp

2%

2%
9%
10

10%
10%

10%

10%

.-

•PMW

Feb
Jun

17% Feb

Feb

3% May

5

Jun

8% Jan

103%
1%

Apr
Jun

109% July

1,900

10%

Jan

10% Aug

10%

100

Jan

5%

Jan

6

400

16%

17%

10%

21%

22%

1,100

9%

8%

1,700

6%

Apr

Jan
23% Feb
19%

9% Aug

Jun

Industries-

Electric

American dep rets reg
Laundries of America.

X

■

•

%

0

21V*

V*

X
21

500

21 %

II—1

2%

2%

2,100

50

39%

39%

16%

100

Fisheries

Atlantic Coast Line Co
Atlas Corp warrants—

300

Associated Tel A Tel class A

5%

Plywood Corp

7%

6% July

CI

5%

15%

6

13,200

4

11

Feb

Mar

% Jan

Feb

22% Jan
51%

July

6

Jun

21%

Jun

Jan
Jan

15%

2,100

1

4'/a

4%

4%

1,000

•

8

8

8%

600

6% July

8%

Avery (B F)

common

1

800

8

Mar

11%

Oft preferred
Ayrshire Collieries Corp com

25

25

Feb

15 %

Jau

A Sons

1

11%

4%

10%

11%
22%

125

20

July

11%

11%

400

10

Jun

Mfg

10

Jun

137/e

Jan

62%

63%

100

57%

Jun

64%

Jan

16%

17

125

11%

Jun

17%

Feb

Jan

Apr

B
7ft

Wilcogc Co
Locomotive—

53

1,800

41

32

32

50

32

Aug

200

7

Feb

8% Aug

4% July

Baldwin Rubber Co common
Banco de los Andes-

Jun

Jun

Feb

16% Jan

8%

3%

——*

3

6,200

15%

•

1

7%

Beau-Brummel Ties common
(AS) Shoe Corp
Bellanca Aircraft common

1

1,300

13%
5%

Jun

10%

10%

200

7

1

common

7

11%

1

Blue

Ridge Corp common
Blumenthal (8) A Co common

1

3%

(HO)-Co commonprior cum pld

•

3%

3%

6,400

2%

8%

800

5%

Jun

1,225

23%

36

41*

100

69

69

140

SI

Borne, Scrymser Co
Bourjols Inc—

16

17

20

39%

62

•

Brazilian Traction
Light A Power
common

—

Bridgeport Gas Light Co
Brillo Mfg Co common

17%

17%

17%

5%

5%

5%

•

16

16

100

Oil Co

•

Tobacco—
Amer dep rets ord
bearer
Amer dep rets ord
reg
British Celanese Ltd—
Amer dep rets ord
reg
British Columbia
Power class A
Class B

21%

21%

100

series B preferred
preferred series O.

4% ft
4%

Consolidated

.100

•

Coro

$1

Cosden Petroleum common

convertible preferred

Jun

(EL) Co common
Bruck Mills Ltd class
B

3,500

4%

10%

11%

2,000

7%

2.50

Bunker Hill A Sullivan
Burd Piston
Ring Co
Burma Corp Amer
dep rets
Burry Biscuit Corp

11

11

2.60
1

XllVa

14%
10

8%

2%

%
2%

Internat'l "A" partlc

Cuban Tobacco

; ■■■

'

•

Davenport Hosiery

.4

American d^p rets 6%
Calamba Sugar Estate

pfd

fl<&

debenture

California

Electric

8

Jan

Devoe &

10

Dobeckmun Co

Domestlo Credit Corp class A

Aug

20 Va

11% Mar

5

Jan

May

Amer

Dominion

Tar & Chem Co Ltd

Feb

Draper

Jan

1%

Jan

2% May

Canada Cement Co Ltd

common

preference

I

Canadian Canners Ltd common
Convertible
preferred
Canadian Industrial Alcohol—
Class A voting

Canadian Industries Ltd—
7% preferred
Canadian
Marconi

Carr-Consolidated B'«cuit Co
rets

A

ord

22

July

Duke

Power

8%

Feb

22

Aug

24% July

8%
8%

300

7%

300

Jun

10%

7% July

9%

148% July
1%

B

1%
14

1%

4,100

1

200

12

May

1%
21

8%

8%

100

7%

Jun

8%

2%

2%

100

2%

Jun

•

3%

46%

Century Electric Co common
Century Investors Inc

109

Mar

48
Apr
111% Mar

2

Feb

4% Mar

ChamberIin Co

For iootnotes

1

see

.

--

page




3.BO
—

33.

10

13% Mar

Mar

3%

300

3%

2

50

24%

Jun

3%

600

3%

Jun

81%

110

81

79%

36

4%

9%,
12%

100

Jan

Jan

5%

Feb

81% Aug
15
'

Jan

88%

Apr

"

3,450

14% Aug
83
Aug

83

920

11

50

10%

11%

175

July
5% July

6%

400

5

May

9%

Jan

3

Jan

3

Jan

Jan

36%

Apr

55

3

6

6%

l,4t)0
500

Feb

5 %

35 V*

2%

Jan
Jan

11%

5%

5%

1,000

4%

Jan

5% Aug

15%

15%

500

14%

Jan

16V2 Mar

5%

6%

3,100

4%

Feb

36%

37

7%

31

375

Jun

Jun

12

6%

AUg
Aug

Apr
Jan

42

32%

31%
>

%

7,900
8,100
1,600

1

3%

5%

5%

6%

7

28%

Jun

is

Jun

3% July

3%

Feb

41% Jan
lVe Aug
7V2

Jan

5

Jun

6%

Apr

2,700

5%

Feb

8%

Apr

200

11%

11%

11%

650

11%

Aug

13 V*

Jan

2%

2%

2%

1,400

1%

Jun

2%

Jan

1% Jan
60 %

63 %

50

17%

19%

19%

13,300

30

Jan

14%
102

"7%

750

Apr
Mar

4% May

65
May
19% Aug
106

May

12%

13%

150

;.

8%

Aug

4%

Jun

6

Jan

10%

,

!

5% Mar
Jun

14%

Jan

27% July

8%

33%

Jan

•

__

;

4

300

1%

Jun

6 Vb July

1%

Jun

3

70

1%

5%

600

6

27%

6
-

5%

22%

Jun

32

Feb

6%

Feb

8

Jan

28%

-

1%

mi

mm

10

—

__

—

11%

11

9% May

900

12%

10

11%

'

■

2,400

Jan

132

-

Jan

11%
140

Jan

Aug

10

1%
19%

1%
19%

19

800

15%

Apr

Jun

9%

Jan

1%

500

Jun

7

Jun

2%

Jan

18

■

Jun

23%

Jan

9

'

Jun

12

Jan

Jun

14%

Feb

9%

400

6%

Jan

10%

Jan

3%

3%

3%

1,300

2%

Jan

100

26%

Jan

14%

11%

Jun

32

14%

1,000

20% Mar
-

250

62%

62

•

—

——

—

•

_

Sulphur

Jun

57

May

14%

Jan

Apr

10% May
Feb

65

Jun

32%

Feb

79

6%

Apr

1

2 Vb

2yB

100

1%

Jan

11%

11%

100

9% July

_1

33

22 %

23

*

£1

„

9% Mar

3% Aug

74

1|

.

■

32

14 Vb

•

„

Texas

10%
9%

—

—

'

3%

3%

13%

3%

„•

14%

;

300
800

Jan

May

7%

Feb

2% Mar
13

Aug

Jun

5%

Feb

10% Mar

14 Vb

Aug

3

Eastern Gas A Fuel Asan com

800

4%

4

•

2%

Jun

4%

2%

Jun

14

Aug

14

Aug

4

Jan

July

7%

Jan

7% Mar

10%

Jan

6

Jan

4% ft

10$

70

69%

70

300

62

Jun

77

Feb

Oft

100

69%

69%

70%

650

61%

Jun

75

Apr

30

30

50

prior preferred
preferred

Eastern Malleable Iron.—
Eastern States Corp

$7 preferred series

,,.

21

1%

Jun

37 y2 Mar

2%

Jan

2

400

65

300

50

Jun

69

Aug

60 %'

59%

60%

1,300

39

Jun

62%

Aug

13

13

13

66%

68

1%

Sugar Associates—
shares of beneficial lnt

1
1

*

8%

Electric Bond A Share eommoo

1

15%

Electrographic Corp common
Empire District Electric Bft pfd
Empire Millwork Corp

100
—1

96%

4%

1

13%

Derrick

Equity Corp
$3

July

65

1%

A.

$8 pfd shares of beneficial lnt
Easy Washing Machine elate B

Emsco

30

A

Equipment

convertible

preferred

Esquire Ine
Eureka

X

60

68

Aug

10

Jan

15%

46,900

11

9672

97%

30

5%

800

92% July
4"% Aug

101V*

4%

7%

Apr

12%

13%

900

11

Feb

13%

Apr

37%

37 Vb

4%

200

1%-

4,500

10%

Feb

9%

Jan

1%

100

4%

■X

%
15 V*

50

18%

Apr

l7/e Mar
38

Aug

5

Jun
Jan

% May

4,300

15 V*

13 V4 May

Jun

4

10

Feb

15% Aug

Mar

31

200

38

1

Ltd

Eureka Pipe Line common

13% May

Mar

5% May

15

1%

1

Corp

11% Mar

125

2,700

11

1

lOe

common

600

8%

7%

14

Feb

Feb

18

Jan

79%

6

A

Mar

10%

11%

28 y2

Fairchlld Camera A Instrument

12% Feb

21%

21%

3,600

Falrchlld

74% May
9% Mar

85%

"9%

Jun

X Jun

5% Aug
4% Jan

Feb

24%

9%
11

100

1

or America

common

Feb

3%

10
common

Jan

3%

2

preference

Cessna Aircraft Co

40%

100

10

Apr

50

24%

81%

100

Apr

500

2

3%

100

Conv pfd opt div ser
Conv pfd opt div ser 1929—

Jan
Jan

150

x4% Mar

•

preferred—100

Jan

46%

12%

100

ICentral States Elec 6%
7% preferred

Jan

110% 110%
2%
3

•

1

3.50% preferred

Jan

148% July

Jun

14%

1

10

Central Ohio 8teel Products
Central Power A Light 4% pfd

Duval

Com

8%

3*2

20

5,600
1,000

'

Go

(The) Co

Eastern

1

(A M) A Co
Catalin Corp of America
Central Maine Power Go—

Mar

•

—•

1/128 July

Jan
Jan
Mar

Jan

r2% July

x24

2s Od

Castle

Cnrv

200

£1

Carter (J W) Co common
Casco Products common

Chart*

x24

2,400

32

14

1%

$8 preferred series R

1

Amer dep rets B ord

Conv

8% July
7% Aug

•

Ltd—

dep

Feb

2.50

Carnation Co common
Carolina Power A Light $5
pfd

•

X24

100

%

1V2

Jun

Jun

5%

20%

20

24%

Vb May

10%

8% Mar

Jun

6% May
19% Jun

•

X

Carman A Co

Amer

2%

Jun

3%

r2 %

—.100

Capital City Products common
Carey Baxter A Kennedy Inc

4% Jan

7%

—•

Class B non-voting

Carreras

2% .Jun

•

700

*

Corp..

Driver Harrlx Go

Durham Hosiery class B common
Duro Test Corp common.

I

300

31

Bridge Co Ltd

%

1,400

1%

13%

1
•

Dominion Steel & Coal class B
Dominion

12 V*

"7% "7%

3V4

£1

common

Jun

1% July

1

103%

Jun

1

dep rets ord rtg

Jun

10,700

May
Jan

Jun

•

X

4%

V* Mar

2%

Z8

1

Reynolds class B

6%

4%

-i Aug

12

18

70 Vz

9%

Distillers Co Ltd—

37/s

414

108

May

700

l

_

8,000

•

Power

Camden Fire Insurance
Canada Bread Co Ltd

6%%

•

114 V* May

750

ion

r

Derby OH Co common
Detroit Gasket St Manufacturing

12

Jun

.

_

Dominion Textile Co Ltd common

I

Calif Cotton Mills Co

Apr

Jan

2%

D
I BS

Jan

11

Calgary & Edmonton Corp Ltd

Jan

vJan

85%

11%

;;

Mills

22 Va

200

Apr

Apr

T6

2.00
I

Lighting Inc common
Curtis llfg Co (Mo)

Jun

3%

169

100

8

67%

24%

*

common

Curtis

12%

3%

Jan

20

5%

*
10
1
100

Crystal Oil Refining common
$6 preferred
Cuban Atlantic Sugar common
5ft preferred

Duralov

B0«

Jun

58%

100

7

1
•
2flo

Dunlop Rubber Oo Ltd—
Amer dep rets ord reg

Cable Electric Products
common
Cables A Wireless—

6%

3,000

2'% July

1

1,600

2,000

800

3%

1,000

10

%

X
12 %•

15%

Feb

5% Mar
32 %

3,700

1

13

Detroit Gray Iron Foundry
Detroit Steel Products

10% July

600

40%

84%

31%

Crosley Motors Ino
Crowley Mllner A Co
Crown Cent Petrol (Md)

Feb

14% July
4% Jan

•
•

Feb

27% July

Apr
Jan

9%

1/64

Croft Brewing Co..

13% Aug
5% Aug

Feb

10%

4

Jun

Apr

4%
4%

1,000

9

37

Creole Petroleum.

23% Aug
2% Jan

Jun

5%

33%

dep receipts (ord reg)—£1

American

Jan

2

Jun

5%

Jun

tt Aug

11%

614

00

11%

July

5%

3%

Apr

Courtaulds Ltd—

11%

1% July
21% Mar

1

Bruce

Jun

33

21% May

Apr"

1%

8

66%
108

5%

1

Aug

8%

225

11%

15%.

Aug

250

4%

1,050
1,000

11%
-1

16

4,800

37%

V2

Inc

Reynolds common.
preferred class A——

23

13%

5,000

1/64

Feb

23%

500

l'/a

106

——

Be

Apr

12%

4%

12%

1

23

7%

——

—

10n
38
BOc
1

12%

5%

Jun

113

1

common

23%

Jan

4

2%

1

Feb

Jan

7

19% Mar

•

3%

1,800

7%

85%

1
10

Davidson-Brothers Ino

10

Buckeye Pipe Line

Aug

Jan

12

4,400

5%

21% Jan

Jun

1

Brown Forman
Distillers
4% cum Junior
pfd
Brown Rubber Co
common

Jun

~5%

9

Liquidating Corp.
Consolidated Mining A Smelt Ltd
Consolidated Royalty OO

_

10s

Jan

65%

108

Consol

Day WTlna* Tnrt
Dayton Rubber Oo class ADejay Stores common.
Dennlson Mfg class A common

8

5%

•

11%

Jan

SI

Aug

113

Utllltlea

Oas

Apr

10

4

4%

.100

6

fi

Apr

——

——

.

30% x31%

66

18

33

21%

34y2

Jun

1

8

1

1958

Vtc ext to

13%

300

•

British-American

"

74

Feb

Mar

5%

4%

37%

Consol QILP Bait common—

4% July
15% Jan
3% May

2,300

1

British American

41*

Apr

8

22

Compo Shoe Machinery—

21%

•

•

Class A

3% Aug
8% Aug

Mar

13%

Jan

May

12

Feb

X7%

•

7%

Mar

Jan

2

200

4%

Jan

9

Mar

37

X31V*

Aug

6% May

Jun

Jun

17

1,900

1

J

Aug

100

1%

14

iVt'.. 3% Jan

5

21

14%

500

12

Jun

6%

~5%

Community Public Sendee

46

350

1,800

Jan

May

31%

——

II

46

14%
7%

14%

1%

2

6

Colt's Manufacturing Co
Commodore Hotel Inc

Jun

13

•

Convertible preferred
•
Blckford's Inc common
1
Blrdsboro Steel
Fdry A Mach Co com-*

300

27

——

Colorado Fuel A Iron warrants

Jan

Jun

2%

9V2 Mar
'

10

Colonial Sand A Stone Co.

Jan

6%

14%

5

9

700

7

37%

10%

13%
16

2%

~i%

Crown Drug Co common

Feb

100

100

13%

— —

Airlines.

Apr
Jan

33%

14% Aug

1%

Development ordinary.

Crown Cork

100

Aug

Jan

12%

16

'

30%

Product# Co.

Apr

35%

7

36%

2

Jan

26%

1

—

36%

Jan

10% July

8% Mar

1%

II

Mar

5%

4% May
10%

SI

Canada common
Benrus Watch Co Inc
Benson A Hedges common

14

52%

Cockshutt Plow Co commonColon

Colonial

Jan

7 % May

Feb

10%

1

Bell Tel of

Breeze Corp

50

7%

1

Beck

Blauner's

15%

6%

1

Jan

Feb

100

6

Club Aluminum

Seellg Mfg—

$1.20 convertible A common
Basic Refractories Inc
Baumann (L) A Co common

5%%

4

1%

38%

10% Mar

Jan

14%

2%

Clayton A Lambert Mfg.

5%

shares
Barium Steel Corp

Bohack

36 %

Jun

Jan

52%

Claude Neon Inc common

Jan

8%

1

American

Barlow A

55% Mar

52%

32

Jun

%

13%

1

Corroon A
••

6

2,400
33,800

16

1

Cornucopia Gold Mines—

52%

■ ■■

6

500

1%

14%

Clinchfleld Coal Corp common-

Rights w i

preferred-

200

8%

49%

52%

1$
■—

8%

1

1%

1

Continental Fdy A Machine Co.
Cook Paint A Varnish Co.

Babcock h

8%
8'

Continental Car-Na-Var Corp

Baldwin

17

1
1$

Mining

Co

High

150

•

Controller Co

Clark

Low

11%

—4

City Auto Stamping
City A Suburban Homes
iClarostat

Range Since January 1

High

11%

.1$

Cities Service common

5% May

Jan

22%

ll3/*

•

Jan

14%

Automatic Steel Products Inc
Automatic Voting Machine

—1

Chief consolidated

3% Jan

1 % May

35

Low

Shares

Feb

114% Mar

Jun

14% Jun
21V* Jun

4,400

21%

Jan

10 V» Aug

113% Jan

7%

17%

9

3%

5%

15,600
43,800

#>-«»

7%

mmmm

9%

Associated

Atlas

Mar

8

12%

600

1,800

108% 109

2%
9%

preferred

6

5%

10%

Common class A non-voting—

Apr

5% Jan

150

14%

—

6

Atlantic Coast

6%

2%

«l

""l

Associated

47/e Jan

May

Ltd—

Co

Amer dep rets ord reg
Angostura-Wupperman ...

6 ft

4 %

tor Week

of Prices

—I

Cherry-Burrell common
Chesebrough Mfg commonChicago Rivet A Mach.
Chicago A Southern Air Lines
Voting trust etfs—

Jan

100 % Aug

Jan

5% Feb
4% Jun

l

Angerman Co Inc common

Arkansas Power A

58

550

98

%

Sales

Range

Par

3% Mar

Jan

Week's

Last

gale Price

High

V4 Mar

700

"6%

a

Aro

23,900

95%

6

Oil

2%

900

%

96'A

American Writing Paper common

Anglo-Iranian

3%

•

preferrett_

Thread

STOCKS—
New York Curb Exchange

Range Since January 1
Low

%

Anchor Pott Product#

,

Friday

Sale#
Shares

IOC

Superpower Corp cummonseries
preferred

WEEK ENDED AUGUST 19

for Week

High

3'A

2

common

EXCHANGE

CURB

YORK

NEW

Monday, August 22, 1949

& FINANCIAL CHRONICLE

COMMERCIAL

THE

(714)

30

1

4%

4%

4%

9,400

3%

Feb

Fansteel

•

10%

10%

10%

1,100

8%

Feb

13%

63%

65%

57%

Jun
Jun

Aug

65%

2 Vb

Engine A Airplane
Metallurgical
Fire Association (Phila)
First York Corp commoi

1

10

~2%

to

$1

x2%

32

32

32

16

$2 div cum preferred.
Fishman (MH) CoBe

20

16

Stores-

60

2,600

3%
'

5V* Mar
Apr

Jan
3% July

25

25

Jun

33

Jan

50

13% July

16

May

Ford Motor Co Ltd—
Amer

dep rets ord

reg—

4%

4%

2,300

20%

19%

20%

1,800

21

21

21-

-£1

4

Jun

5%

Feb

Ford Motor of Canada-

Class A non-voting.
Class B voting.
Ford
•

Motor

**»«■-

of

100

17% Feb
20

Jan

21

23

Mar

Feb

.

Franee—

"fltn h*>

%

%

13,500

X July

Vb

Jan

COMMERCIAL

THE

Number 4831

Volume 170

NEW

&

FINANCIAL

CURB

YORK

CHRONICLE

(715)

EXCHANGE

RANGE FOR WEEK ENDED AUGUST 19

Friday

Low

Par

Pitt

Fort
rox

1.28

Brewing

4%*

conv

preferred

—

>

.

.

High

May

10 %

9%

8 %

600

6%

Jun

11% Aug
10% Aug

Jan

8% Mar

23% Mar
9%

400

9%

Apr

~

~~

*

preferred
Gellman Mfg Oo common
General

Alloys

20

5

1%

92 Va

Apr
Feb

8

3%

500

~6

~6%

1

1,200

Jun

2%

500

23^4

1%

"3%

Jun

Amer dep rets ord reg

7%

1%

6% preferred series A_
General Flreprooflng common.

6%

.

_

•

_

7%

—

—

34

34

•

500

OV* Jan
6% Aug

Jun
Jun

Feb
Aug
Jun

8%

Jun

36

Jun

103

29%
'

Outdoor

Adv

pfd

6%

100

3%

4

1,100

3%

2

"2

2%

2,000

1% July

1

Gilbert (AC)
Gilchrist Co
Glen

Alden

4%

4%

100

May

Jun

116

Mar

105 %

Jun

106%

3%

Jun

4% Aug

4

Jan

6Va Aug
18% Jan

1,800

5%

-

5%

700

15

•

Gladding McBean & Co

Jan

'
——

"4%

:

300

10 %

100

17%

—

16

10%

•

.

Feb
Jan

95

•

1

common

5%
4

Jan

Xll2%

— —

•
•

uiant Yellowknne Gold Mines

—

_

General Phoenix Corp
1
General Plywood Corp common.;
50c
General Public Service $6 preferred..*

Georgia Power $6 preferred
10 preferred
Gerity-Mich Corp

100

-

18%

2,700

12% July
9% Jan

Feb

i

18%

Jun

21%

Jan

Jun

11%

Jan

Jan

16

16%

"

-.1

*

"V—

S

—

16%

16%

9%

—

13%

600

16%

(Adolf) Ino

Godchaux Sugars class A
Class B

•

Aug

Mfg

ft •V'%
47

10

common

Graham-Paige Motors 5%

conv

Feb

bo

Jun

H Jan
53%

Jan

Jun

57b

Jan

49% Mar

62%

-

7%

300

6

5

Jun

8

9%

10%

400

7

Feb

11%

11%

725

103%

Feb

124

Aug

1%

135 %

Jun

142

Feu

Jun

40

Aug

121% 124

100

135%

135% 135%

..25

39%

•

1st

preferred
Great Northern Paper

Grocery Stores Products
.

124

stock

common

Gulf States Utilities $4.40

pfd_____100

Gypsum Lime A Alabastlne

——

•

10

40

38%

25o

common

V

1,000

7%
90

—

—

.

32

__

105% 106%

105 %

—

....$

4%

4%

5

?

102

Bridge Oo Ltd
Hammermill Paper common

,8%

8%

8%

150

III5

Feb

106% Mar

Feb

Hartford Electric Light
Hartford Rayon common

13%

1

Brewing Oo
Hathaway Bakeries Ino

Helena Rubinstein
Class

•

Apr

w

10

10

•

0

125

8% July

100

10 Va Mar

300

94

•

27

27

96

•
——

Mar

27

.

150

2%

Laclede-Chrlaty
Company—.
L'Alglon Apparel Inc

12

12

12"

Lake Shore Mines Ltd.

13%

13

1
I

...

Co

International Cigar

Machinery
International Hydro-Electric—

Le

Tourneau

Preferred $3.50 series

shs

shares

500

2% Jan

*

2%
16

800

375

2%

100

13%

400

5%

6%
4

11%

1,000
500

International

Safety Razor B
Royalty
Mfg vtc

12

> 9%
96

108

12%

59%

"7%

*

200
-k

Irving Air Chute.

1

Italian Superpower Oorp com cl A

Jefferson Lake Sulphur Co
Jim Brown Stores common

4

It

,

Apr

Public

1

A

Manlsohewltz

11%

Marconi International

4,300

12%

Key Co

10%

."ft* 2

Jun

Feb

11%

Jun

5% July
3% Aug

11%

63

2% Aug
18

10%
4%

Jan

Jan
Feb

17 V* May
17% May

12%

Jun

11

Jan

98

98 V2

Jun

112

Aug

10%

Jan

1,500
2,900
100
——

47

Jan

12%

Apr

Jan

63

Aug

20% Feb

—

22

Feb

6ye

Jun

11

Kidde

(Walter)

Jun

11 ya

13%

15

2,800

10%

Feb

15

Aug

25%

25%

50

24%

Jun

26

Mar

7%

300

7%

1%

1%

3,000

14%

13%

14%

300

4%

5%
ft ■

1,600

1%

Feb

13% Aug
3% Mar

%

—

Jan

1

Apr

17

Jan

8%

Apr

1%

Jan

3

3%

500

1%

Jun

3%

Jan

5%

5%

5%

800

4%

Peb

6%

Jan

3%

3%

100

3%

Jun

5%

Jan

3% May

4%

Jan

20%

Jan

4%

29,300

4

Aug

.119

IN

July

9%

footnote*

*e»-

oage




33

125

25% May

21% Mar

26

23 %

22%

23%

3,800

20%

Jun

24% May

7%

Jun

9%

%

1% Aug

77%

Feb
Feb

96

Aug

66%

Feb

85

Aug

Feb

23% Aug

8%

8%

8%

700

1%

1

1%

109,800

96

94

83%

85

276~

96

84%

22%

23

23%

3,400
8,200

161/4

113

111% July
10% Aug

20

111% 111%

10%

10%

600

12%

Aug

Jan

Feb

12%

300

14 V*

Jan

Feb

11%

7%
12

1,800
800

July

8%

10%

Jan

13%

13

12%

Feb

14%

Apr

Apr

25

Apr

Jun

38

Jan

McKee

(AG)

1
10
1
S

A Co class B

4%
13%

1%

1%

15%

1,200

35%

25

_7%
15

15%

"7%
15%

1%

1%

1%

Mesabl

11%

300

.

"

500*

4%

4%

Middle States Petroleum class A v t o
Middle

v

Corp

common

Midland Oil Corp $1 conv

Midland Steel

pfd

common

Abrasive
Oil

300

1%

1%

8J/s

8%

400

Co

common

~8%

2 Va

2

"9%

30,300

2%

9,100

Producers

A Tel
Vernon-Woodborry Mills
Mfg Co
Muskegon Piston Ring common
Muskogee Co common

Mountain States Tel
Mt

Murray Ohio

Company

10
*
100
■

-*
2.60

W

Mar

■

Mar

4%

Jun

6

6%

-

Aug

9%

Aug
Jan

1% May

% May
5% May

8% Aug
32% Aug

Feb

6%

Jun

1%

8%

<

Feb

9% Aug
2%

Jan

Mar

10% May

18

July

25

-

11%

25

Apr

700

9

Jun

16%

Feb

3%

11%

Jan

4%

Jan

16%

Jun

19%

Jan

17%

18%

21%

21%
2%

800

2%

May
Feb

7%
32%

1,600
125

6%

Jun

7%

Jan

29%

Jun

32%

Jan

10

1,100

7V« Jun

10 V*

99% 100

•
BOo
60

6
48

9

BOo

1

Jan
Jan

6% July
Jun

.5
•

Molybdenum Corp
Monogram Pictures common—
Monongahela Power Co—
.IN
4.40% cum pfd
.10$
4.80% cum pfd series B
Monroe Loan Society com class A
1
Montgomery Ward & Co class A——*
Moody Investors partlc pfd
•
Morris Plan Corp of America
lOo
Mountain States Power common

Jan

Jun
Apr

29%

9%

*
•

Apr

6

1,200

1

Mining Corp of Canada
•
Minnesota Power & Light 5% pfd—IN
Missouri Public Service common
*

Muter

6%

1%

10

Co

convertible preferred

4%%

6%

Products—

(2 non-cum dividend shares

Midwest

6%

1

t c

West

57/s

1
2.60
•
10
1

Jan

2%

5%

3%

500

Jan

15%

110%

45

5%

Feb
Jan

9%

3% Mar

3,500

If
5%

Jan

32%

Feb

108%

1

Mar

37

1% Mar

3,900

25c

Participating preferred

Class B

2

17%

Jun

Jun
25% July
7% Mar
13% Jun

2% July

Metal Textile Corp common

Michigan Bumper Corp
Michigan Steel Tube
Michigan Sugar Co common
5% preferred
Mlcromatic Hone Corp

6% May

34

100

—

Co

Iron

3% May

Feb

2,200

15%

35%

1%
15%

.

preferred

Jan

Jun

300

,100

5%
16

Merrltt Chapman A Scott Corp—
Warrants
A

Jan

19%

Feb

•

*
1

8%

Jun
Feb

5%

•

Dredging
Mead,Johnson A Co
Menasco Mfg Co

Feb

Jun

2%

5%
16

McWllllams

6% %

Apr

2%

2%

100

2%

2%

7%

7%
32

50

19

22% May

3% Mar

9%

6%

7

300

2%

2%

900

93%

93%

93%

150

"2%

"2%

~27/a

800

93 %

Jan

100

Jan
Aug

24

"9%

Feb

30

Apr

6%
2%

Jun

Jun

181% 182

70

86

July

98

May

2%

Apr

167% Mar

33%

33%

100

30%

Jun

4%

4 Vs

4%

1,200

3%

Jun

12%

11%

12%

1,600

10%

Jun

30 V*

30%

31Va

250

29%

Jun

99%

99 %

99>/a

30

95

July

8% Mar
3% Mar
95

Mar

102 V*

Aug
2% Aug

183

37%

Aug

Jan

4% Aug

14%

Jan

33% Feb
103% Jan
22%

Jan

Apr

30

Aug

1,200

7%

Jun

10%

Jan

100

10 %

July

13%

Jun

12%

Jan
Jan

10

Jun

13

3

Mar

19%

20

250

17

Mar

30

20

30

100

24

7%

8

12

12

9%
12

7

common

N
.10

Nachman Corp
Namm's

Inc

4%

National Breweries common

-•

preferred
28
National Fuel Gas
'
National Maillnson Fabrics
1
National Mfg A Stores common—;—1
National Pressure Cooker common
2
National Radiator Co
-4
National Rubber Machinery
—10
National Steel Car Ltd
•
National Transit common
1
National Union Radio
30c
(Herman)

Corp...

127

Feb

May
13% Mar

Jun

13

6% July

9%

Feb

103

Mar

Jan

9% Mar
12% Mar
105

5

8

Mar

Ingland Tel A Tel
Clock A Watch Co
4/z% convertible preferredNew Jersey Zinc
New Mexico A Arizona Land—New Park Mining Co.
v»w

33%

320

35%

25

10%

10%

5,900

8%

9%

1,400

10%

10%

10%

100

7%

7%

7%

1,600

6%

6%

100

2% M»r
29% Mar

5%
4

33%

Jail

Jan
July
Apr

Jan

34
8%

6%

35% Aug

Jun

10% Aug

Jun

10%

Jan

May

6

6%
5%

10% July

Jun

10% Jan

Jun

9

Jan

IV* May

8% Mar

Jun

18% Apr
3% Mar

14%

"3%

15%

"3%

200

3

Apr

2%

2%

1,900

2%

Jun

4%

8%

2%

8%

100

6%

Feb

9

15%

16%

300

12% July

Jan

May

16% Aug

5% Aug

5% July

78% May

87% Jan

1
85

87

510

11

Jun

3%

Jan

1%

59%
8

1%

1%

500

3%

Haven

Process Co common.

3%

5,500

10%

New

Net/

100

3%

33

3%

National Bellas Hess common
nsuuuw
jB«IOO
—————

4%

35%

common

Jan

9%
7%

.IN

50

24% May
237/e Jan

Jan

26

.10

Massey Harris common
McAleer Mfg Co common..
5% convertible preferred
McClanahan Oil Co common
McCcrd Corp common
12.60 preferred

Neptune Meter common
Nestle Le Mur Co common

I

preferred..

Jan

26%

24%

Jan

1%

Kimberly-Clark Corp—
\u,«r

7%

Jan

% May

—*»'

— -

11%

6% Mar

25%

12% July

18% July

A Oo

24% Aug

Jan

6Vi

8% Mar

■

—

Jan

88 y2

7%

—

Jan

22%

200

'

common.

Apr

13 V* May

Jun

J1

Miller Wohl

12%

Inc

Apr
Jan

Marine

Jan

220

Co

Kennedy's

6%
10%

18%

—1

Communication Co Ltd

Mountain

7%

-1

pfd

Feb
Jun

9y8 Mar

1,700

24%

Mapes Consolidated Mfg Co

Nelson

Kansas Gas A Electric 7 %

6%
9

100

9%

(The B) Co

3y4

K

Kawneer

Apr

6% Mar
23

Jun

31

Mangel Stores common

Jun

•

Kalser-Prazer Corp

8%

Jan

25

.10

IV2

*

Kokenge Oo

Jun

5%

19

6

Service Co

Midwest Piping A Supply common
Mid-West Refineries

Feb

July
Apr

7%

1

Preference

Julian

6%

100

M
Maine

Jan

47%

3 %

I

800

11%

7%

jeannette Glass Oo common.

7y8

5%

25%

6

8 >/8

7%

5%

Apr

21%

7%

•

Jan

650

96%
112

—

•

Jan

14%

Apr

1.8C0

1%
v

Jan

■

9%

—

mm

5%

13%

Jun

25%

II

4

Feb

•

Jun
Jan

11%

Ino.

Long Island Lighting CoCommon ctfs of dep
;
•
1% preferred A ctfs of dep
100
6% preferred B ctfs of dep
100
Louisiana Land A Exploration
1
Louisiana Power A Light $6 pfd—*
Lynch Corp
I

Mid-West

Feb

10

Jan

3%
8%

«...

43

*

International Products

13%

300

23

(RG)

Lone Star Gas Co. (Texas)

Jan

13%

—

10

141/4 Aug

24%

79%

14%

—

100

Groceterias elass A.

Jun

400

50

International Metal Industries A

Feb

May

10,200

4

9%

Class B

68%

7,200

—

Aug

12

a

"9%

Locke Steel Chain.

5,700

76

16%

'

July

8

300

__

Lit Brothers common

Mldvale Co

15%

12%

23

Apr

6%

100

7%

5%

Corp common
Llpton (Thos J) Inc 6 % preferred

Jan

15%

112

Jan

12 y« Aug

6%

Lionel

21

15%

_•

.

Jan

42% May
144

32% May

15%

Indianapolis Pwr A Light i% pfd__100
Insurance Co of North America
10

17%

Jan

111% Aug

15%

£1

Jan

10

13%

4

Line Material Co

Jun

-

A Ireland—

:

Feb

•

11%

■7%

1

Lakey Foundry A Machine—..
Lamaon Corp of Delaware....
Lanston Monotype Machine.
La Balls Extension University.
Lefcourt Realty common

17%

30%

•
5

74
•:

106% May

2%

4

Feb

Jan

18%

250

22

14

125

4

5%

1%

9%

13%

200

3%

13

-

Jun

10% Mar

—

22

19%

•

14%

2%

Jan

3

12%

1

*

—

13%

Brewing

31
'

2%

•

15%

•

coupon

12% Aug*.,
Jun

— —

£1

31

Aug

3

3%

*

Jun

25%
40

-74%

75

I

-

Aug

133

30%

-

—

1

■,

Apr

4

10

.<

common

11

Jan

50

—-

I

Jun

40

•

_

Jun

7%
3

-

144

-

5

.50

12%

12%

19%

1
_

39%

May
8% May
48 ya Jan

Feb

40
:

.

Jun

9% Feb

'

Jan

144

40

mmmmmm—

Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain

Fireman

400

Z—

Imperial Chemical Industries—
Amer dep rets registered
Imperial oil (Canada) coupon

Iron

700

3%

5

warrants

International Petroleum

Jun

5%

50

9 Vs

3%

*

Hydro-Electric Securities
Hygrade Food Prod note

Investors

42%

8%

I100

Co

May

68
100

42%

__

common

Reglsteied

8%

3%

■

(Harvey) Inc common
Humble oil A Refining
Hurd Lock & Mfg Oo
Hussman Refrigerator $2.25 pf(1

zinc

May

10% July
11

91

10

**9%

ft.

II15

;

preferred

Illinois

12 y«

Jan

9%

■

*

Co

1st conv preferred-

Feb

10%

.

1

Hubbell

Huyler's

Apr

12%

10%

..

0%

Inc

stock

Feb

8%

Jun

'

Horn A Hardart Baking Oo
Horn A Hardart common

Common

8%

94

-10

0%

15%

Jun

Jan

;wll
'I' 6

10%

1

& Co class A

&

July
10% July

8% Mar

10%

10%

.100

w

Hoe (R)

A)

500

12%

800

Holllnger Consolidated G M
Holly Stores Ino
Holophane Co common
(Geo

2%

2,300

.100

Hormel

2%

,7%

4* preferred w w
Henry Holt & Co common

Horder's

Jun

10%

2

Jan

1%

6%

~

Jan

1% July

—

10%

__

x50%

300

7%

nMli

Jan

9% May
17% Mar

600

10%

.

preferred

Jun

-25c
»

_

common

44%

6%

1%

"

*

12%

12%

Jun

IIIB

common

A

fl % %

_«•

12 '

ft

1%

1%

v

1

Hazel tine Corp
Hsarn Dept Stores common
Heela Mining Co

Heller On

1%

1%

1%

1

Harvard

Apr-ft-

7% Mar

250

47

46%

46 %

-25

•4%

200

12% xl3%

-

1,900
4,500

Macklntosh-HemphlU Co

8%

Jun

13% Feb

200

•

Lamp Oo

2

1%

Jan

H
Hall

100

11%

1ft

1$

Marlon Power Shovel.

Hamilton

2%

10%

1%

Apr

Jun

Great Atlantic A Pacific Tea—

Non-voting

2%
11%

Jan

9%

l

__B

35% Aug
Mar
17

Jan

3%

7%

pfd—25

Gray Mfg Co

Jan

30% Aug

Jan

Aug

47

10

100

4%
—

%

26,600

47

4%

Mar

74%

'

43

Jun

21

150

Jan

2%

Jun

35

.

30

*.*•

%

l

•

Grand Rapids Varnish

—

—

1%

500

~

50

Gorham Inc class A

—

29.

•

Goldfleld Consolidated Mines
Goodman Mfg Oo
G or ham

—

•

$4.50 prior preferred

1%

1%

.1

common

Feb

1

—.

Longlnes-Wittnauer Watch Co
Gobel

6% Aug

Jan

15

22

Krueger

Loblaw

•

Distilleries class B
Globe-Union Inc

Jan

26%

600

10 % July

2ft

Coal

Glenmore

3%

150

17

Jan

1

General

2,100

35%

16%

Apr

3%

Jun

5%

£1
1
10

6%

35

6%

23% Aug

22% Feb

General Electric Co Ltd—
General Finance Corp common

5%

1

High

17

\

50
1

(D EmU) Co common
(IB) Rubber Oo.

Knott Oorp common.
Kobacker Stores

Low

Mar

July

4% Jun

500

3%

23%

•

General Builders Supply Oorp com—1
6% conv preferred
25

15%

400

4%

1

Oo

14% Mar
88 %

__

90

90

100

5%

Range Since January

High

1

I

Kleinert

Qatlneau Power Oo common

Shares

1

,—

.

Klrkland Lake G M Oo Ltd
Klein

of Prices

Low

•

Sales
for Week

Range

Par

■

Kings County Lighting common
4%
cumulative preferred
King Seeley Corp
Kingston Products
Klrby Petroleum—

Aug

26

7V« Jun

Last

Bale Price

Exchange

*

,

700

9%

»

Oo

(Geo A)

Low

New York Curb

11 %

1
80

Franklin Simon & Oo Ino common
Fuller

Range Since January 1

8

1

Oo

Brewing

(Peter)

STOCKS—

Sbares

High

'11

Week's

Friday

for Week

Range
oI Prices

Sale Price

Exchange

Sales

Week's

Last

STOCKS—
New York Curb

3%

150

3

Mar

51

Jun

67

Jan

0

*eO

11V*

Apr

1

Jun

1%

Apr

65

Apr

7%

8%

1,300
3,300

1%

1%

4,100

59%

61

7%

75

Jan

Jan

31

32

(716)

THE

COMMERCIAL

YORK

NEW
Week's

STOCKS—

Last

New York Curb Exchange

Bale Frice

Y

N

Auction

Co

N

&

Y

Y

Honduras

Rosarlo

Friday

High

Low

8%

Par

10%

10%

400

10

Jun

13 Va

Feb

18

18

18

500

15%

Jun

20

Apr

St Lawrence Corp Ltd
1st conv prelerred
Salt Dome Oil Co——

13 Va

141,700

7%

Jan

13 Va

Aug

Samson United

101 %

360

200

—

Power

5%

1st

2d

12%

preferred

5%

common

12%

preferred

Class

B

optional

warrants—

American

Rayon

class

12

•

A

Penn

Va

Feb

400

9%

Jan

11% Aug

7%

Jan

9 % Mar

500

8%

Apr

12

Aug

600

%

Apr

1

Apr

12

II

30%

31

300

28 Va

31

600

28

RR

3

~6

,_1

Noradel-Agene Corp

6

18 Va

6%

14%

37%

Jan

37

Schulte

(D

Inc

A)

Manufacturing
Steel

Co

Corp

common

Brass

Co

4%%

Oklahoma
Old

class

Natural

Poindexter

80e
B

common

Gas

15

—

O'okiep Copper
Overseas

1

5
25

Feb

Allotment

July

89

Jan

32 y2

Co

Shoe

Industries

Bemler

19

Feb

Sentinel

Aug

2

2%

Feb

Jan

40% Mar

Inc common

27% July
8% Jun

31%

Aug

14

Mar

11

Apr

14

Jan

8%

8%

Jun

22%

6%

Jun

100

9 Va

(R

B)

Inc

Radio

5%%

1st

Paciiic

8

Pacific

Power & Light

5%

Pacific Public Service
$1.30 1st preferred

7%

25

preferred

35%

com

Ltd

$1.32

cum

Pittsburgh Metallurgical

Prentice-Hall
Pressed

Metals

Jan
Jan

19

May

24 y2

4%

Aug

15%

Jan

50

Jun

3

Jan

Sick's

41

Jun

23%

Jan

27%

Apr

Mar

Apr
29% Mar
8% Aug

2%

2%

2%

2,000

1%

Jun

2% Aug

75

100%

Jan

4

Jun

106% May
5 y4 Mar

104%

4

i..

„

4%

'500

35%

CO

500

32% Mar
3

10

10

400

50e

1

♦

1

.

15-'

1

13%

11,800

50 Va

59%

Jun

10

z7/s July
11

1

18%

—-

~3%

1

1

3%

50

0

3~W

200

10 y2

Jun

12

July

25

36 y2

Feb

39

Mar

870

55%

Jun

69 Va

Feb

25%

Jan

4%

Jan

62%

18%

3%

--

3%

2,100

~5%

2.50

6%

.Jun

•

3%

Jun

11%

"5% ~5%
6

14

200

•

Jan

4%

Jun

5%

Jun

2,000

6%

'

900

•

8%

31%

32%

400

14 y2

Jan

Jun

2.50

7%

1

11%

Feb

.38

8%

Jan

Jun

11%

100

1%

1%

1%

2,700

7%

7

7%

200

9%

Jan

101%

100% 101%

700

95%

Jan

101%

100% 101%

Jan

101 y2

•

100

preferred

•

com

,

•

12 %

•

9%

10

Oats

8%

Jun

11%

Jan

l'/s

Jun

1%

Jan

7

Jun

8%

Jan

10%

Jan

100

94 %

12%

200

11%

Jun

21%

150

9

Mar

12 y4

Quebec Power Co

3%

500

3

2%

200

2

%

%

600

"9%

600

Sonotone Corp

1

Coast Corp common

South

Penn

5

Jun

12.50

Line

California

$3

convertible

option warrant!.

preferred

Manufacturing

Reading Tube Corp

common

class A

Regai Shoe Co
Re is

(Robert)

99

510

150% 150%

2,800

1,350

53

107% 107%

150

105% Mar

13%

4%

3%

15

Reliance Electric

Co
&

Rice-Stix Inc

30

85 y4

Jan

143%

Apr
13% Aug

IV* May

99 y2

Aug
151
Aug
14% May

(Thei

Corp

common

Royalite Oil Co Ltd
Russeks Fifth Ave
Rvan

Ryan

common

Aeronautical Co
Consolidated Petroleum

Vwrunn

Ar

19

Havne«

common

For footnotes see
page 33.




200

Va July
Jam

Jun

1

Mar

26

Jan

500

21% July
leys Jun

5%

20

Apr

10

54

5%

5%

52% Mar

56

Apr

4,600

6.28

~3%

4%

11

~3%
1

Jan

2%

1%

1%

500

3

4y8

4%

900

% Mar

1%

175

xl7y8 July
19% Jun

21%

.

2%
1%

94

95

20%

20%

500

200

27

28

6

1,200

230

228

230

3U0

90

90

10

5%

5%

7%

Jan

236%

Jan

2% Mar
87

10%

11%

%

12%

Apr

1 Va

Jan

3%

Feb

1,400

"5

3

7%

8%

% May

2%

600

3%

3%

30%

3,600

2%

Jun

May
Jan

28%

1,500

28%

28

25%

25%

25%

4%

4%

4%

29%

29%

1,700

2%

2%

300

•

•

4

«•«.

••

_■

•

Jun

4% Jan

Va

Jun

•r—

5

16

«...

3%

3%

Jun

100

27/a

Apr

x8%

1

9%

31 Va

32%

32 %

2%

144

1

1%

Feb

2%

200

1%

Feb

270

112%

Jan

146

6 Va

3%

1

16,200

2%

6V»

100

3%

3%

1

72

72

•

22%

22%

10 Va

10%

1

7

1

1%

1

2%

7

1%

27/a

100

1%

2%

•

Jan

2% Mar

Jan

4

Jan

19 Va

30

v;

:

1

Jun

0

5%

Feo

Apr

24%

Jan
Jan

15

Jan

Jan

% May

75

.

ff 97/a May

7% July
1% Aug

.

% Mar

3,600
:

Apr
Aug

67%

:200

1;

146

2%

50

1

2%

•

2

1,400

•

Jan

7%
3%

600

3%

3%

May

10%

.32% Aug
2% Apr

5% July
2% Jan

1,900

2 Vo

'■X 2

19

Jun

Feb

2%

2%

•

1

Apr

Feb

4% Mar

Jun

8

28%

2

•

400

3,800

.

Aug

8%
21%

:

Jan

16 Va

1

10

1

Jun

mm—

20

2% May

4%

Jan

9% July

12%

Jan

% Mar

2%

.800

.

5

2 Va

2%

300

1

(8) & Co common
Bun Ray Drug common
Superior Portland Cement, Inc
Superior Tool ti Die Co

Jan

Jail

;■

3%

3%

«...

1

Stop & Shop Inc

6%

39

2% Mar

300

*»•*

10

Stroock

Jan

26% July

Jun

■

%

1

Corp

Feb

"May

29V*

July

f

May

29%
30

■

2.76

Stetson (J B) Co common
Stlnnes (Hugo)

Jan

45

Apr
Mar

20

Jan

18

23% May

100

29%

36%

26% Mar

400

1
6

8% Aug
3% Jiuy

Jun

37

25

com

Jun
-

25
14

25

Co

Jun

6%

200

27%

30%

28 % Mar

Jan

1,500

3 Va

Jun

8%

4,700

%

27 Va

class B

Feb
Jan

25%

11%

28

common

3%
93

Aug

300

Corp

Apr

Jun

400

Co

Jan

29%

220% July

29%

preference

4%

May

29%

15%

15%

100

750

Bwan Finch Oil
Corp

*

12%

11%

13 Va

15

16 Va

18

250
•

10 Va

1

10%

4%

-

—

2%

2%

15

Tampa Electric Co
Technicolor

Tlio

Inc

common

Apr
15% Aug

Feb

650

2%

14

Corporation

Tlshman
Tobacco

common

Markets

Roofing

1%

1,600

1%

30%

•

14%

&

Allied

29%

.

5%

22

-

500

"9

3,400

23%

Jun

Apr

89

Jan

38%

Jun

8% May

1,100

20 Va

~4%

•

3%
—

Jan

Aug

7%

x8%

900

x6%

Feb

5%

57/a

2,600

5%

Aug

1.25
1

"4% ~4%
3%
—

5%
18

2%

Construction

1

14%'

800

Jun

3

Jun

ir"

26

2,300

Jan

Jan

Aug
Jan

Mar

11

12%

12%

8

8

13%

127/a

Stocks—————*

dep rets ord regis
dep rets def regis

Shipyard Corp
Toklan Royalty Corp

Toledo

Edison

4%%

common

Tri-Contlnental
True

Temper

Trunz

Corp

:

Inc

80c

~>a "%

Jan

12%

Aug

10%

150

100

43%

1%
08

98

'

2

13% Aug

Jan

67

7/a

3%
2%

Feb

-it Jau
Jan

1%

Feb

,2% Mar

Jan

98% Aug

t(s

Jun

II

Jan

3 Va

Apr

4l/a

Jan

2 Va

Feb

2% Mar

3%

900

2%

1,800

200

3%

100

87/a

15%

•

9%

9%

Jun

18 %

July

21

1

preferred

'

60

91 %

*

com

6%
«

125

~5% _5%

2%

Jun
Jun

300
■

%

1

Jun

%
x39

Aug

400

98%

1

Jan

Jun

200

43

*

convertible

13%

Feb

'

3%

5s

warrants,

Tung-Sol Lamp Works

Jan

52

£1

70o

pfd

Tonopah Mining of Nevada,
Trans Lux Corp

17%

10 Va

—

20

Apr
Feb

Aug

11

1,400

—

15 Va
128

7% Juiy

100
200

13%

,

8% July

100

8

30% Aug

Jan

May

14%

11

12%

Jan

10%
120

'

—.

5

25c

30%

14%
U*mm

5

1

Realty
&

Inc

25%

Aug

24Va

Jan

Jun

7%

Jan

Jun

11%

Jan

Jan

1%
3%

Apr

U

Jan

2%

2Va

Jan

Ulen

.100

.,,5

Realization Corp
Chemical Corp,,
Union Gas of Canada
Union

50

4

22%

13 Va

Jun

7Va

200
—.

100

Inc

99 Va Aug
Jan

27

Union

3%
—

6%

Jun

10

5%
37

Feb

United

Chemicals

United

Corp

United

United

Elastic Corp
■
Light & Railways

United

Milk

4% July

6%

Jan

5%

Jan

—

3%

Aug
Jun

5y4 Mar

Jan

800

1%

Jun

12%

6,000

7%

Jan

6%

Jan

92%

Jan

99

53% May

57

700

98%
.50C

Amer

Pre ducts

&

350
500

1%

Jan

12% Aug
6% Apr

Aug
Jan

3%
40

Jun

Jan

Aug

/a

Jan

25%
7

29

30 Va
7%

16%

29%

%

7%

common

Canal

Jun

May
Va

25,800

A

dep rets ord regis
NJ RR

99

*2%

32

75c participating preferred
United Molasser Co Ltd—
United

98%

"2%

.100

warrants

8% Aug
6% May
10 Va Feb

3%

1

2%

11%

common

Feb

300

1%

2%

12%

Oil Co of California—

$3.75 pfd series A
8tock Yards of Omaha
United Aircraft Products com

Apr

900

1%

2%

Investment Co—

Union

~8%

Jan

Apr

■

•

common

Power & Light 7% pfd
Shovel Co new common

Unexcelled

5

1

May

28

28

Jan

500

95

5

•

16

•3% Jun

Jan

19 Va

—

1

Jun

700

Mar

May

£1

10

Aug

29%

Jan

21

-

21

2%

•

7%

May

5%

'

19

Jun

19

2% July

'

1

100

Jan

15%

300

19%

54

•

Co—

Inc

.10,400

\

18%
24

1

Rotary Electric 8teel Co
Fowe

19

23

.

Rolls Royce Ltd—
Amer dep rets for
ord reg
Rome Cable Corp
common—
Field

24

•

—1

Rochester Gas & Elec
4% pfd F
Roeser & Pendleton
Inc common

Roosevelt

Va

%

10

•

Jau

15

29%

Todd

t,1

1

Engineering-——5

Richmond Radiator
Rio Grande
Valley Gas
(Texas Corp) v t c

July

20

Jan

700

25

conv

109 %

Mar

11%

14%

14%

25

4.48%

15% Aug
60% Aug

Jan

25

Amer

18%

1

&

Apr

100

15%
60%

10

preference

conv

Thorofare

.1

10

5

22 %

20%

original preferred
4.88% cum preferred

Amer

Raytheon

Apr

Edison—

5%

Thor
97

'•

—

.

—

Feb

3%

Jan

100

5%

R
Railway & Light Securities—
Votiag common
Railway & Utility
Investment A
Rath
Packing Co common
Raymond Concrete Pile common

11%

14%

1

common

Pipe

Jan

Jun

59

1

common

South

Oil

13 V*

15

1

Manufacturing Co

Manufacturing

Jan

Jun

60%

20%

Jan

II Apr

2% Jun
19% Aug
10% Jun

•

1

Boss

4%

8%

100

2%

19%

5

Jun
Jun

8%

"9% ~9%
2%

Jan

%

Tobacco Security Trust Co Ltd—

Aadio-Keith-Orpheum

Aug

Aug

Q
98%

.100

80

May

Jan

10

5%

common

preferred

Jan

Aug

£1

SSolar

Thew

6%

Jan

19%
80 Va

2%

100

Solar Alicraft Co

Texas

Quaker

3%

Jun

101% Aug

—».

1

B

regis

Steel Co of Canada
8t,ein (A) & Co common

Apr

95 Va

26

Amer dep rets ord

City Gas & Elec Co—
3.90% preferred
Smith (Howard; Paper Mills

Sterling Aluminum Products
Sterling Brewers Inc.,
{Sterling Engine Co
Sterling Inc

Jan

Jun

Jun

15

72% May

3%

1

Standard Tube class B
Starrett (The) Corp

Jan

91% July

Feb

*

100

Standard-Thomson Corp

13% May
5%

Aug

2%

100

1%
16 V*

4,700

8(1 Va

Jan

Jun

July

5,400

19%

17%

%

Sioux

$7 preferred
Standard Products

Apr

11%

•

Standard Power & Light com

Apr

2%

preferred

Simplicity Pattern common
Simpson's Ltd class B
Singer Manufacturing Co
Singer Manufacturing Co Ltd—

Common

Jan

Jun

Apr

*

convertible preferred
Standard Forgings Corp
Standard Oil (Ky)

Jan

Jun

16

—

1

24'/a

Jun

iy2

38

"2% "3

Publications—

$1.60

Jan

2%

60 Va

,61

18

convertible

Standard Dredging

Jan

400

11%

15

2

12%

18%

Va

•

Standard Brewing

Aug

8%

2,200

38

*'

3,300

18

Ltd

Standard Cap & Seal common
Convertible preferred—„

Apr

2%

2

11%

50

100

•*2% *3%
•

__

3

18%

100

178

•

•

Btahl-Meyer Inc

Jan

Mar

15

Feb

5% July

Canada

Southland Royalty Co
Spencer Shoe Corp

4% Mar

Jun

8%

900

15

41%

Jan

—25

4.32% cum preferred
Southern Pipe Line

25 V4

Jan

11

Manufacturing

47

7

104

16%

4.56%

Apr

100

•

common

5Va

5,100

—

Aug

80

100

Breweries

Southern

Jan

80

*

1
common

preferred

Southwest Pa

Jan

10 %
*

8%

10-

Public

Pyrene

11%
17

28%

100

Puget Sound Pulp &
Timber

Jan

4

Jun

Apr

8%

2.50

America
Nevada

Apr

28%

•

Co

500

550

common

38%

~8%

-

25o
common

Service of Colorado—
4%% cumulative
preferred
Puget Sound Power &
Light—
$5
prior

45

56

Gas

Pyle-National

May
July

300

44%

—

Producers Corp of
Prosperity Co class
Providence

10

4%

10

common

of

54%

4

55%

—

Co

Inc

100

55%

common

common

Alexander
Corp of Canada
6 ft
1st preferred
Pratt &
Lambert Co

Mar

26

6%

400

•

Pleasant Valley Wine
Co
Pneumatic Scale
&

22%
12

xl 1%

45

——28

Corp common—
Pitney-Bowes Inc
Pittsburgh Bess & Lake Erie
RR
Pittsburgh & Lake Erie

Powdrell

98
19

Jan

-1

Ptnchin Johnson
Ltd Amer shares
Pioneer Gold Mines
Ltd
Piper Aircraft

Power

Jan
Feb

23,700

54%

•

Phillips Packing Co
Pierce Governor
common

Mining

7%

—

.1

Pharl8 Tire <fe
Rubber common
Philadelphia Co common

Polaris

7%

-•

(Mass)

103% Aug

37% July
1% Jun

25,600

22%

100
—2.50

Traffic Co
Penn Water &
Power Co
Pep Boys (The)
Perfect Circle
Corp

Jun

■

29

common

Peppercll Mfg Co

"2%

29

preferred

Corp

*2%

12

•

Penn Gas &
Elec class A
common
Penn Power
& Light
4%% pid
Penn

Jan
Jan

14 y2

3
common

8%

36% Aug

94

t

M cr

Jun

1

B

Silex Co common

15

1

-—•

Shawinigan Water & Power
Sherwin-Williams

Simmons-Boardman

23%

•

——

Sheller Mfg Co

Jan

32%

Jan

10

2,100

~1%

1

Shoe Corp of America class A

Apr

50

»

& Reei__

$1 cumulative
preferred

Pennroad

94%

94%

I

7%

common

8herwin-Wiiliams of

100%

100

1

Patcliogue Plymouth Mills
Co

103% 103%

—

1

Co

Peninsular Telephone

6% July

*

—

Leather

Feb

32% Aug

*

I

Parkersburg Rig

200

1,500

•

Pantapec Oil (CA) Amer sh
Paramount Motors
Corp

Patican

103%

pid—-—100

Tubes common
Pancoastal Oil (CA) v t c

Pen

7%
36%

Jan

19 y2

4,100

.——1

Apr

29%

•

Page-Hersey

Parker

7

35%

25

Lighting $4.50 preferred

2Va July

28%

1%

1

Corp class B

$3

Pacific Can Co
common
Pacific Gas & Elec
6% 1st pfd

Jun

15%

1

Corp common
Control

AUg

9

Jun

1

20% July

certificates

Saiety

Jan

112

11

1

2%

Jan

2% Mar

76

prior

Aug
11% Jan

Jun

106 %

Co Ltd Amer shares

700

107

70
900

Jan

300

1 %

19%

stock

275

29%

3%

400

1%

1%

~3

stock

$5.50

1,900

29 V»

Jan

16%

Convertible

2%

29 %

2%

3

13

"lVa

Jun

5% May

.1

Securities

1

Apr

13'/a May

•

1% July
1% Jun

24%

24%

-*

Jan

1,200

1

United Filters class B
Omar Inc

24%

*

3 Va

12%

Distillery

Oliver

25

15 Va

37 %

2%
37

%

2%
1%

1

:

Feb

Jan

110% UIV2

2%

111

100

Jan

11%

: 200

Shattuck Denn Mining

•

preferred

19%

Jun

*

O
Power

Jan

Jun

4%

1,300

Securities Corp General
Bros Inc—

SetoD

Ohio

8%

14%

1%

Seeman

Serrick

Ohio

3% May

200

1%

common

Sentry

Ogden

500

1%

1

101%

High

3,400

,,

1%

1

common

Bcovili

Bcullin

5

18

5%

—25c

Savoy Oil Inc (Del)
Sayre Ac Fisher Brick Co

Segal Lock & Hardware

Apr

4,900

19

Low

1

common

Beiby

2 Va

90

Range Since January 1

6%

17%
5%

Selected

82

105% 107

Shares

High

5

49
—-——~—1

Jan

1,300

•

pfd. 100

Jan

Corp

1

common

10 % July

300

3

-50

Northern Indiana Pub Serv 5%
Northrop Aircraft Inc

11%

11%

—

—1

%

Mar

1%

z»

Oil

Co

Low

2 %

Utility Securities-

North Central Texas
Northeast
Airlines

Aug

800

30

30

98

700

18

u

101% Aug

Jan

9%

9

12

Class B common

North

A

94 '/a Mar

92%

>

11%

11%
-

9

Nineteen Hundred Corp common
Mines

American

50

A
11 %

Nipunsing
North

97

97

:

Niagara Share Corp common
Niles-Bement-Pond

North

101

101

for Week

30% Aug

Shipbuilding Corp—
.

Sales

Range
of Prices

Jan

29%

30%

Week's

Last

Sale Price

Exchange

High

7% Aug
26% Feb

30%

Founders shares

Niagara liuasou

19

New York Curb

Range Since January 1

__

Merchandise,

AUGUST

STOCKS—

Shares

common

Y

Monday, August 22, 1949

EXCHANGE

ENDED

for Week

Range
LOW

CURB

~

CHRONICLE

Sales

of Prices

Par
N

FINANCIAL

FOR WEEK

RANGE

Friday

&

17%

-

50

500

r

Jun

30% May

21

47,600

Feb

30 % May

7% May
35%

Jun

3% Aug
.100

241

July

10%
21

Jan
Mar

4%

Feb

246%

Feb

THE

Number 4831

170

.Volume

Week's

STOCKS—

Last

New York Curb Exchange

Sale Price

25c

United Profit Sharing com

preferred

10%
United

Machinery

Shoe

25

common-

—25

Preferred

Range Sinee January 1
Low

49%
V

49%

40%

40%

>

50%
41

2,675

Jan

37%

7V4
52 Vb

42% May

450

Apr
Jan

Interstate

Jan

41% Aug

a

Power

Debenture

8%

8%

8%

200

Jun

8%

FeD

U S Air Conditioning Corp

—10c

—V '

1%

1%

1,900

% July

1%

Jan

Altalian

U S Foil Co class B

—1

15

14 7%

15%

1,100

12'A Mar

3%

3'A

300

United

U

1st

S

preferred

Radiator

U S Rubber

1

common

•

Securities

International

and

S
85

U

Specialities

with

warrants

IIIII

common

Insurance

Oil

Utah

&

125

7

1,800

1%

200

48%

48%

100

-10

24%

100

2%

2,300

2

21

•

Light common

2%

24

23%

24

1966

3-D

1969

3-J

1956

F-A

to

1963

A-O

Light 4%s

1967
1961

M-N

3'/as'

Power

Jan
Jan

50% July
X25% Feb

Aug

21 Va

J- J

1%

Jan

2%

35'A
24

—

24

1963

Midland

Jun

Feb

Jun

Extended

2%

at

Milwaukee

Ohio

4%

Gas

Power

1st

Apr

1st

3%s

mtge

Lexington

Hydro-Electric

A6%s with Oct 1

$4
convertible
preferred
Vanadium-Alloys Steel Co

Venezuelan

Syndicate

5VB
67

7; 500

4%

Vogt Manuafcturing

•

Jun

71

Jun

100

—

3%

Oct

ex

Service

50-year

Jan

12%

10% Aug

105

1

57

/

•

7 %

preferred

Waitt & Bond

$2

100

Inc

Watch

Waltham

i

w

3-J

—

105'A

106%

A-O

15

159

—

1103% 104%

\v

Af-S

105% 105%

J-3

FA

1103

A-O

106

106

1971

West

Utilities

Texas

Tablet

Mar

Counties

111

2%

-1
1.25

3'/a

2,400

l'/a July
4%

~8VB

7Vb

BVa

1,600

6%

Apr

112

Jan

115%

Feb

138

Jun

155
26

21%

20

30

321/2

225

27'/a

Jun

36

Jan

Westmoreland Inc

10

21

21

100

20% Mar

22

J-3

Oil

River

Wichita

(The)

Williams

161/4

300

8

4%

4%

Woodall

Pwr

1

—...25

15

•

30

(F

American

15

15

1,100

10%

10%

10%

8

Apr

10

Terni

11%

11%

Jan

"2

"~2Vb

Feb
Jun

8%

Interest

1970

5%s A

Central

0H Sn-

States

j-d

Cities Service-'i5s

Low

13

100%
106

J-D

*106% 108

106%

108%

Q-F

1165

160 %

165

J-D

100%

103%

7

v.

•

103

180

102% 103%

10

d90% 101%

123

89%

101%

d94 % 104%

J-J

91%

M-S

150

92%

M-S

107%

107% 107% U

A-O

103%

103% 104%

M-S

Debenture

3s_:

1977

J. J

Jan 1968

-

(Bait)

& Pwr

102%

%

107%

104%

106

'107%

87

92%

178

92 %

J-D

*106% 107

104%

106%

J-J

*102% 104

99%

101%

1st ref 2%s series R

1981

A-O

1962

M-N

;77^7v:

*102% 104

—

105 Vz 106%

105%

99%
102 %

8

103

106%

A-O

1954

4%s

111% 111%

111%

Elec

1993
1993
1965
1956

5s

M-N

J-J

9

40

'

73 '7

99% 100%

M-S

63%
48%

96%

100%

116

117%

54

33

417:

64

52%

7*49

coupon__1953

1940

1

*30

—

1961

Grand Trunk Western Ry 4s

Mountain

Green

6s

ser

(coupon

A

Ex-coupon

Indianapolis

3%s

series

Lt

1970

(Aug

A7s

~2

41%

58

45

103%

777';,; ,7 7

58%

59

59

106%

32%

'

mW

-i -'-V;'

60

10

59

60

8

60

31%

listed

on

are

62

2

59%

15

Indus¬

Rail-

Util-

trials

Date—

Aug.

roads

lties

—

13

65

Stocks

BONDS

Indus¬

Grade

Grade

Util¬

7s

Danish

Cons

5%s

External

y

ities

Bonds

Closed

Week's Range
or Friday's

Bonds

Bid & Asked

Sold

Low

Total

A-O
J-3

5s_>

-i.-

63.90

102.45

104.48

85.76

105.48

99.54

15
16_

180.00

46.63

36.54

64.10

102.63

104.45

85.65

105.39

99.53

17__.—/.—

181.59

47.30

36.75

64.71

102.64

104.41

85.96

105.48

99.62

Aug.

18

182.02

47.40

36.74

64.83

102.60

104.93

86.05

105.44

99.75

Aug.

19

181.16

46.84

36.67

64.45

102.58

104.86

86.05

105.38

99.71

Range Sinoe

No.

Jan. 1

Low.- High

—

*71%

/f;:t7i%

—

—

:•/

—

44

10

45

70 %

83'A

704*

79%

37%

1

45

79%

7'

v— 7:

M-N
F-A

•7—

*76

80

7*80

'6%

7% ;

7%

3-J

12%

City (Peru) 6%s stamped_1958
Maranhao stamped (Plan A)

M-S

*13%

16%

13%

15%

2008

28

24%

29

1951

M-N
J-D

*27

47

37%

43'A

1947
1947
1931
1972

M-N
A-O
J-D
3-D

*48 3A

41%

45%

Interest

AMedellin

2%s

reduced to

7s

stamped

Bank of Bogota—
(issue of May 1927)
(issue of Oct 1927)

Mortgage
A7s

Mortgage Bank of
Parana

Denmark 5s

stamped (Plan A)

Interest reduced

to

/
2%s———2008

(Republic of)— '•
(ser A B C D E)

Peru

Is to 2%s

Rio de Janeiro stamped
Interest

A 5

reduced

to

Government

(Plan A)
2%
6%s

%S

♦No
e

Odd-lot

par

value,

.

*48 3A

ABonds

—

*30

„

75

31

31

61%
1

80

26%
1

,

31
/ V ""

17%

15%

18%

27%

2

24%

29

2%

2%

M-S
J-J

36

2%

40

2

3%

2%

3-D

18%

27%

J-J

2012
1919
1921

—

*72

„

1997

2%

10

2

33%

transaction (not included in year's range), d Ex-Interest,
year's range),
f Ex-distribution, g Ex-stock dlv. h Exs range). r Transaction for cash

Deferred delivery
(not included in

a

transaction

J-J

^

*44

principal.
n Under-the-rule transaction (not Included in year
(not included in year's range),
x Ex-dividend,
y Ex-rights, z

Ex-liquidating dividend.
week.

sales being transacted during current

being traded flat.

SReported

In receivership.

Abbreviations

used

,

.

■

above—"cod," certificates of

deposit; "cons," consolidated; "cum," cumula¬

convertible; "M," mortgage; "n-v," non-voting
i," when issued; "w w," with warrants; "x w," without

stock; "vtc," voting trust certificates;
warrants.

Over-ihe-Counter Industrial Stock Average

Date—

Aug.

Aug.

36.52

;

—

J-D

1955
1953

Danzig Port & Waterways—
AExternal 6%8 stamped----—1952

—

46.68

High

Municipal Loan—

External

40

Rails

10

Aug.




Friday

Bank

Mortgage

A20-year 7s
A20-year

Last

Sale Price

(35 Stocks)

Compiled by National

Aug.

-

1978

101

Period

(Col)—
April 1946
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948
Agricultural

10

-

1107% 107%

Interest

New York Curb Exchange

59%

32:

7

Second

Closed

92%

103

"w

First

Rails

82%

Q9

119%

tive; "conv,"

10

trials

Q9

100 %

60

178.97

Aug.

130

118%

62

-Bonds—

Total

50%

54

149

1956

101

37

10

20

28 Vz

1956

119% 119 Va

the New York Stock Exchange as compiled by Dow, Jones & Co.

30

59

F-A

f debentures

s

31 %

the daily closing averages of representative stocks and bonds

-Stocks-

30

J-D

60

.

Stock and Bond Averages
Below

2

Newspaper Union—

6s conv

60

7732%

12

53%
59

'--7

1952

56%

1959

Western

58%

2

59
J-J

1952

(July 1941 coupon)

56%

130

1953

tFriday's bid and asked prices; no

58%

1957

coupon)

A7s series F
«

F-A

52

1960

West Penn Traction 5s

103%

40

45

J-D

18

109

Sec—

1941 coup)

1941

43%

5

108

102%

"

$103% 105

M-N

1955
1957

3'As

50

■'7/7j-7:7

-

&

C

A6%s (Dec 1

„

*45%

1955

Power

99%
1

103% 103%

—

102 %

100%

*100

3-D

1958

on)

A7s series E

A7s

3-J

RR—

market

Power

International
A6%s

Power

& Western

44'A

105

ARussian

*60

M-S

1950
1963

stamped

44%

A-O

106%

Finland Residential

Guantanamo

52

105% 105 Va

65

117% 117%

117%.

49

32%

55

*37

1947 coupon
1953
Mtge Eank—

A6%s ex Nov 1

54%

£4%

May

Mfg Co—

A6%s with Nov 1

5s

72

18%

—

A-O

AMortgage Bank of Chile 6s

A

ser

Lt & RR

Ercole Marelll

45

jr-jr

M-S

111% 112%

5

Division—

N J

mlge

Water

143

95%

63

__

J-D

A 7s

4s ser B—
Eastern Gas & Fuel 3%s
Elmira

67

1964

—

Delaware Lack & Western RR—

A 1st

67

106%
127

1954

1

5s

ALima

1969
1976

City)

91

92%

2%s conv debs

(Bait

105!

3

29

106% 106%

—

3s ser P
2%s ser Q

1st mtge 4s

123

2030

104%

1958

•

of

2

West Penn Electric

106%

102% 103

1969

mtge

Hotel—

debs

income

A 5s

103

*105% 107

5s

Lackawanna

131

77

Washington Water Power 3%s

107%

M-N

Debenture

Gas

1125

A-O

1946

coupon

coupon

High

105%

No.

High

107% 107%

Debenture 5s

1st ref mtge

1940

Jan. 1

Corp—

'

1st ref mtge

Waldorf-Astoria

1

1947

Range Since

Sold

J-J

^i_------_J-i.>.»>1948
—1954

Gas El Lt

77

Foreign^ Governments & Municipalities
Bonds

Friday's

or

Bid & Asked

1970

.

Electric

debentures

1

Dec

Apr

1998

6s

debentures

5s

with Dec

A7s ex

8% May

~2~fff

1964

2%s

5s

1

1940 coupon—1953

Jan

Canada—

of

Edison

A 7s

Jan

14

1955

C
Steel

Boston

Gen

107/a

Jun

10% Aug

1960

deb

City Electric 3%s

Telephone

A6%s with Aug 1

Week's Range

Last

Sale Price

Low

Consolidated

Apr

33

104% Mar

xG% Jun
2 tV

Period

Appalachian Elec Power 31/4S

CoAsol

15% Mar

Jun

13

6,900

5s
£1
*

I

Friday

series

Apr

231/4

300

BONDS

Bethlehem

~1

77

Hydro-Electric Co—

Ltd—

W)

& Tel

101 %

106

77

A-O

-1946

Industries—
stamped

2nd

A6%s ex Aug 1 1947 coupon
United Electric Service Co—

Jan

5

300

11%

New York Curb Exchange

5s

Feb

98

40

8

deposit receipts

Wright Hargreaves Ltd

Atlantic

99%
104%

106

(Hugo)

A7-4s

Jan

27/a

325

30

102% 103%

2

common

preference

Assoc Tel

105

106%

Corp—

3rd stamped

Stinnes

May

9

500

28%

100

Inc

Petroleum

Woolworth

pfd

Lt 4%%

&

Industries

Woodley

Bell

19

Jun

IDS

—.1

-

common

Winnipeg Elec common
Wisconsin

2% July

May

7

8% July

16%

8

15% July

5%

8

(R C) & Co

Brothers

6%

16 »/4

5

preferred w w—

h%

2*

10

15% Mar

Jun

14

1

,

Corp

Corp

Willson Products Inc——!
Wilson

5s

Corp inc 5s

(Hugo)

A7-4s

104

103 7/b

1100% 103%

F-A
M-N

1966

3%s

1970

1989
1950

Elec

&

'

2

—

collateral trust

5s

Stinnes

Jun

1

Weyenberg Shoe Mfg
Whitman (Wm) & Co
Wickes

(Calif)

106%

Feb

&

Westmoreland Coal

;

AStarrett

Apr

Jun

Gas

Spalding (AG)

8% Aug

May

$6

3%s

Gas

Gas

mtge 3s

Southwestern

Jan

11/2

% July

preferred
•
1st pfd__100
Stationery com
•

Jan

2%
'

1% July
2% Feb

19,700

3'/8

Jan

1st

Jan

10%

Jun

Ry 7%

Western Maryland
Western

"1% "1%

3%

Co warrants

Corp
Wentworth Manufacturing

California

106

105%

105

1970

1053/4

21

114

103%

1105% 106%

1973

1st & ref m 3s ser B

Southern

Mar

101

109%

1110% 110%

M-S

1973

Southern

18 May

159

104

H

—

199

M-N

1965

3s

A

Apr

6%

00

101%
100%

158

159

3-J

1952

6s B

California Edison

series

3%s

Jan

250

51

26

54

Co—

1998

Joaquin Lt & Pow

17/b

700

81/4

96 %

1106% 107%

,

106 %

130

1952

9%

1/4 Aug

~1%

1

Aircraft

Warner

11/4

8

106%

93

105%

149

A

Jun

109

60

1 Va

1

Co

600

8

109i/2 109i/2

>4.

30

Voting trust ctfs
Ward Baking

109%

1

preferred

cum

7%

108

103

96'A

1105% 107

3-D

1960

debs

7% July

1%

ext_*

106

105%

106 % 107

96%

65

105%

104 Vz

'

Co

109%
102

103%

1134% 106%

coupon—1960

coupon

Gas

&

61

€0

103% 104
1106% I0b%

3-J

Safe Harbor Water Power Corp 3s_1981
Southern

Aircraft

105

108%
100

Jan

W
Wagner Baking voting trust ctfs

1

|

Co—

1940

1947

Elec

6%

series

5%s

San

Waco

:•

40%

-

102%

108% 109

;

—

Aug.

Aug.
Aug.

Aug.

Quotation Bureau, Inc.
Range for 1949

Closing

7

Closed

High

33.26 Jan

24

15_

31.63

Low

27.79 Jun

15

16—

31.61

13

*

—

Range for 1948

31.61
31.88
—

!?

52'/a

Queens Borough Gas & Electric—

Jan

3

1% May

7.77

Apr

■

5%

Jurr

6%s

Public

34 % Mar

2,500

2%

A

Jan

63

4%

20c

Inc

6%

25 Vz

•—>^ •

1

Jun

4

10

67

*

Petroleum

Venezuela

5%

1
5

common

,|
■

80

21

39

1100% 103%

A-O

1970

Piedmont

Corp

High
'■

62

—

1103
108%

A-O

1964
Pennsylvania Water & Power 3%s_1964
1st mtge 3s

3%s

Valspar

86

27%

38

39

M-S

1968
1971

mtge 3s

Park

24% May

Low

Valley RR—

New England Power 3%s

Jan

26

130

1952

«s—-

2%

Feb

700

—

—10

1%

Jan. 1

No.

54

*49

-1952

coupon

Kansas Electric

Range Since

Sold

80%

78%

80

1947

1

Jan

Jun

1

Nov

6 Vb

Jun

3%

J-J

Aug

83
-

4%

ctfs

Superpower

ex

Bonds

High

Co—

escrow

Kansas Power & Light 3%s
McCord Corp deb 4%s

Jan

3%

Jun

73

1%

——

Sugar

Power

82

4

1%

—10

Universal Products Co common
Utah-Idaho

82

v:.4

__50c

Consolidated

Universal

82

16% May

Feb

2%

1

Reclaiming Co

United Stores Corp com

Universal

3%

•

6%

Friday's

or

Bid & Asked

1

Isarco Hydro-Electric Co—
A 7s with Nov 1 1940 coupon
A 7s

•

Week's Range

Last

Sale Price

Low

lVs
>

4% Aug

'

„

Period

■1

New York Curb Exchange

,

High

Jun

%
—

Interest

BONDS

High

33

19

Friday

Shares

'

10

AUGUST

for Week

of Prices

Low

(717)

Sales

Range

Par

CHRONICLE

EXCHANGE

WEEK ENDED

FOR

RANGE

FINANCIAL

CURB

YORK

NEW
Friday

&

COMMERCIAL

High

37.83 Jun

10

31.84

Low

32.37 Dec

29

"1

&

COMMERCIAL

THE

(718)

34

FINANCIAL

STOCK

OTHER
RANGE

FOR

WEEK

CHRONICLE

Monday, August 22, 1949

EXCHANGES
AUGUST

ENDED

19

Friday

Week's

Last

STOCKS—
Week'*

Friday
STOCKS—

Last

A

A A',/ A

Sale Price
Par
»•

American Agricultural

American

Chemical
Refining

Sugar

American

Tel

Tel

&

of Prices
Low

A*

1453/4

•

A

"-50 ::Ar"~

Anaconda Copper

100

Boston & Albany RR

1503/4

38%

Modine

Feb

Jun

35

Jan

Montgomery

100

Apr

120

Jan

North

43

1,290

40

July

12%

15%

3,340

12% Aug

National

class

10%

cl

100

Oak

1st

Boston Personal

Calumet

Prop Trust-

Cities Service

—lis

39

19 Va

Fuel

&

Gas

5

8

16%
16%
*; 4-.u •,/4Ax

A';"-'''—.

49%

*

Street

1st preferred series A

preferred B

Eastern

3%
57

57

3%

&

General

38 Va

Feb

50

Gillette

Safety

A

preferred

,'Vy'

—

;,A/

:'l'

1

Assn

Nash-Kelvinator

New

57

Steel

Car

Roebuck

Co

&

Prod Corp

68%

13c

20

Brand

Standard

Clothes

Lathe

Bend

—100

Tel

North Butte Mining
Northern RR (N H)

85%

Stewart-Warner

corp

Stone

38%

Jun

40ya

Jan

Sundstrand

23

May

1,066

33%

29%

553

23%

49%

281

40

Jun
Jun

33% Jan
56% Jan

11

130

10

Jan

59
39%

60

65

58

Feb

14% May
68% Jun

«"

Container

,—100

8

50

190

10%

Jun

18c

150

13c

Jan

V;

;,v 1

1

Swift

&

Mining

25

Co——

Rexall Drug Co
Shawmut

—

..2.50

—

Association

— **

Union

United

Fruit

United

Shoe

U

S

"

:;--i

Air

Light & Rys Co

3% Aug

7

76c
4 Vb

J*.'.";'

160

16%

32%

33%

Mar

173/4

Wiebolt

Wisconsin

Feb

Woodall

Yates-Amer

1%

Jan

Aug

53/4

Apr

15%

12%

17 ys May

Feb

Jan

36

27 Va

Jun

443/fc

Jun

Aug

35'A

*

Jan

51%

491/4

52'/8

49%

50

200

42% May

52% Jan

31%

34

125

31%

Aug

43 Va

12Va

Jun

14% Apr
26% Jan

10
*

Waldorf

1*12.50

Corp

v

!^7!-

1
,>!

13%

243/4

14'/a

50

241/4

253/a

505

54% Mar

20 3/4 May

Jan

Elec

Stores

Jan

Jun

29% Jun

i4o.;:
2,946

;;

Inc

Chicago Slock Exchange
Last

Sale Price
Par

Steel

Acme

Admiral

Co

(Hew)

Corp

Aetna

&

Ball

Bearing

Shares

Inc

Indus

Machine

Range SInee January 1

21%

Jan

3%

200

13% July
2% Jan

42%

700

36%

42% Aug

11%

100

7%

•

A

High

14 %

Jun

5

May

28

Jun

7% Aug

9%

150

6%

Jun

11% Jan

27%

Jun

32% Jan

400

9%

300

58%

100

11

9

"350

400

25 Va

650

A-

10

*

23

22%

23%

12%

25

25

25.% "

11 Va

58 >A Aug

8% July
20
May

"

26%

Jun

Feb

49%

30

42%

11

26% Aug

Jun

44% Mar

34

Jun

41%

103A

r-

Jun

14/4 Mar

Jun

30

12*

n%

20%

Jun

24 y8 May

Jun

26

Copper Mining capital

Ry CO_

Aug

13

Jan

Apr

Radio

87%

•••''

27%

27%

.

25%
'-

— —

28

86

400

10% July
143/4 Jan

Jun

Jun

19%

■

,100 A

....

3% Aug

Jun

10

700
'

35

23%

Jun

33%

10%

Jun

200

■9%

Jun

11%

1

200

12%
11%

1,300

10

Jun;

5%

6

400

8%

600

ll

Jan

14%

Jan

*•'13% Jan
11%

5% Jun
7% Jan

v

Jan

103% Jan

12%; 13%

3%

Jan

26%

Jun

May

12%

—

Apr

8%

Jan

97/a

Apr

Jan A

May

A*7 %

•

37%

37

38

800

34%

Jun

397/a

Jan

5

—

Co

14%

14%

14%

800

11%

Jan

14%

Aug

1%

1%

300

3%

Jan

7%

7%

2,900

13%

14%
11

500

•

Graham-Paige Motors ——I.....——L
Laclede Gas Light—.
—4

600

4%

Jun

7

Jun

"7%

5

capital

—_•

Car

—...

.

10%

■

•

3%

1% May
4% July "

73/s Aug

Jun

15%

Jan

600

9%

Jun

13%

Jan

390

A

4

10 3%

3% Jtua

4% Jan

5% Mar

10%

17% May

11

7Vb

.200

mmrnmc.

—1

5%

138% Jun

Jun

2 % Feb

9G0

29%

87'A

1

Utility Corp

Motor

10% May

93A July

400

..

13%

25

8%

Electric

Jun

9

400

3%
10-

9%
13 %

25

Certain-teed Products

Packard

100

/

50
10
100

——

20% Aug

2,100

3

3.

9%
13%

Bethlehem Steel common new.-.-...-*

Public

79%

10%

50
'

Jan

73% July

[

1

Atchison Topeka & Santa Fe—

Pacific

45

550

12

Jan

May

20%

11,

5

Jan

"300

10%

11'

Jan

13%

1,400

,/

75..

103/a

com—*

San

Armco Steel Corp

Canadian

A.

'75

2

''*&'■

Feb

9%

103A

pfd—_*

pr

Jan

41

-

100

v

30

Anaconda

20% May
•

Jan

43/4 Mar

Feb

9%

700

36

293/4

L7

—

& St

Feb

100

1,300

100

Inc

Lines

18% July

,

Jan

163/4

200

Air

Farnsworth Tele &

Low

%

6%

Jun

\

13%

Radiator

15%

8

24

43A July

40%

American

200-*/

19

19

150

13JA

American

500

8%

2,700

4%

58 'A

Alleghany Corp .—...1

20

144»/8 146%

Apr

22%

A

18%)

145%

13%

40

.

"A

19%

19

100

10% Jun

29%

10

Stocks—

18 %

common-

100

(new) —•

capital-—

"V.-r

1V

18 %

common

American Tel & Tel Co capital

Jan

11%

••

common......*

common

Generai

High

5'/a

28 V*

43

common

cum

Nash-Kelvinator Corp
New York Central RR

5

41% Aug

Apr

26%

Mfg com

20

10

iw—1'

—...

Castings

Laboratories

Allied

—

common

Advanced Alum

-

Range
of Prices

Jan

Jun
Jun

22

■A 9%

,

Bankshares

General

Sales
for Week

Low

11%

9

34

T

Curtiss-Wright

STOCKS—

Jan

Jan

50

23%

Continental Motors

Week's

8

29%

500

11%

dep

Columbia Gas System Inc

Friday

Jan

1,400

A/

43

(new)

common

Westinghouse

493/4

-

S Steel

Lines

Jan

13% Jun

70

128

Jun

22% Aug

•

Union Carbide & Carb capital

*

Co_——

System Inc
Westinghouse Electric

14%
36

5

50

11

36

25-'

United

common.—25

Co

Machinery

Rubber

14%
351/4

36

5

Drill—

Twist

14%

18

•

of

La Salle St Corp

Unlisted

«'

Stone & Webster Inc.—

•

40

100

41%

3%;

25

—

ctfs

United

108

100

•A'.';; 50

stock
Co

Jan

Aug
Jua

4%

4%

capital

Jan

45c

14

4%

I;* As

6

24%

87% Jan

96

,

Jan

*

-

(The)_,

Texas.- Co

25c

Apr

10

99c

173/4

41%

5

;

153/4

Jun

587

99C

Jun

4%

*

208 South

79

151/a

•

14 ys

Jan

8

15%

Tbor Corp —AA-.
A~.
——5
Trane Co (The) common^,.w^.u...v2

27c

96%

4'/8

—10

Reece Folding Machine

i:

;

,

International

Co

10% May

8% Jan

143/4

14%

500

—1

common
Mach Tool common

41% Feb

,

Aug

14%

96

———

Pennsylvania RR-

Jan

15%

9%

21%

5

common—

Corp

113/a May

34% July

A;

19%

4%

■

300

Jun

11

,.5

Corp common

200

Jun
Jun

20

Sunbeam

27c

6%

40%

25

Aug

87

Jan

Jan

6 Va

6

—1

capital

353/4 Mar

27c
■

Mar

16%

Xl 1%

Dredging common

66 Va

85

2.50

59

313/4
31

Jan

Jun

19% Aug

1,128

Jun

24% Aug

100

25

capital

Jan

10

Jun

25

250

*24%

common

Works

29

9%

47%

400

.—.*'

53%

13c

Jan

4% Mar

8

—*'

common

20

—

25

May

7

22%

Steel, Strap

Society

Jan

88

Aug

10

3

17

-

243/i

•

75

20

Jan

14%

15

1

capital
common.—

131

8

8

634

*

63%

39%

Jan

14%

17

1

common

193/a

13%

1

—

England Electric System

Quincy

8

63/4

50

34%

8

5

England Tel

1

63%

—

Jan

11

Apr

21%

150

5

Sheiimar

3% Aug

Jun

75

20

2%

Aug

11

50

25

25

U
New

53%
28

24%

common-

Sears

10%

10%

—100

National Service Cos

53%
28

*

Apr

283/a

-29%'

—

—

Narragansett Racing

200

533%

10
20

363/4

■

*

—;

Mathieson Chemical Corp

90

common

Swift

5%

: 400

3%

Sangamo Electric Co common
Schwitzer Cummins capital

48 3/8

•

Co_—

RR common———.100

Maine Central

24%

3%

Co

333/4

...

37%

Razor

233i

—*

193/e
*

•

Copper

500

Jan

24

51% Aug

3% Aug

A'A^TSAA

75

•

Stores

Electric

Kennecott

53/4 July

12%

common

Jan

5Va

Jun

-

239

61

75

Lines Inc

SS

1,250

*

Jan

17

143/8 July

40

3%

—

100
—100

Employers Group Assoc——
National

7

11

common

Standard Oil of Ind

First

6%

prior preferred

South

6%

Jun

Mar

7%

Ry—

6%

Apr

13%

Sinclair Oil Corp

——

Mass

19%

1,000

10

common

Car

Manufacturing

Pressed

Jan

6

Aug

29% July

48

52%

43

Aug

4

100

4

Associates—

Common
Eastern

Ward

Standard

American

Signode
Eastern

Co

Peabody Coal Co

Jan

3%

110

5
4

—10

—j—

—

36

—

—

*

—

Hecla

&

37

100
pfd stampedpfd unstamped- —100

1st

A

D

1,100

2%

Pennsylvania RR capital—

prior preferred

5%

High

23%

2%

43% Mar

..

12%

Low

23%

1

vtc

common

common

Chemical

Monroe

& Maine Railroad—

1%

Mfg

23%

Range Since January 1

High

5

capital

Inc

Shares

Low

•

common

preferred—

prior

5%
Boston

Hart

for Week

Jan

Jun

25%

200

Jun

22%

262

29%

$1

40% Aug

32% Mar

A 138

3,075

Miller &

104

108

..

100

4J Va Aug

Co

&

West Corp

42%

Boston Elevated Railway—

Stamped

343/8 Mar

Field

110

28%

11'

■

43

-

High

405

-

26% A

24%

-110

25

Boston Edison

40%

144% 1463/8

25%

Par

Middle

Low
50

'

■

Marshall

Shares;; Range Since January 1

41'/a

37

100

AA; 'cAAA/v:,-;

High

40%

.r/.i

I—100

—

American Woolen

Bales

for Week

Range

Sales

Range
of Prices

Sale Price

Jan

20

Aug

150%

Jan

Pan

American

Airways Corp..

Paramount

Pictures

Pepsi-Cola

Co

Pure

9%

9%

20%

213/e

'9%

9%

A

*

28'A A 29%

•V;

•

10%

2%

.

1'

common

21 Va

Oil, Co (The). common—.;

Armour & Co common

6V2

6%

1,600

5

Jun

7%

1%

1%

700

1

Apr

1%

Jan

4%

4%,

400

4%

Jun

5%

Jan

Radio-Keith-Orpheum

Jun

2%

Jan

Mayv

7%

Jan

Republic Steel Corp common
Rexall Prog Inc—.....

200

8%

Jun

105/a

600

193/a

Jun

21% Aug

200

8y«
25

Jan

12

Apr

Jun

32

Apr

800

Apr

Jan

Asbestos

,

•9%

33 Va

—J

Mfg Co common

Athey Products Corp capital
Washer

Automatic
Ave©

4%

common-

Barber Co

(W H)

common—

Bastian-Blessing Co

Mfg

1%
5

6%

22

22

Aug

32

100

25%

Jun

11%

11%

100

11

Jun

20

6%

6%

107/e

^

300

10%

capital——

Co

150

300

32.

.

Mfg Co common
Berghoff Brewing Corp
Blnks

2%

5%

22

common

Belden

Corp

of America

common

11/A

500

9% Jun

8%

8%

100

7%

Jun

—*

20%

19%

-20%

600

17 y8

Jun

2%

4%

4%

4%

200

—1

i.

;

14% Jan

.

9%

Apr

27%

*

Jan

'

2%
5%,

Mlg Corp__T

Radio

250

4%
10

Jun
Jun

Schenley Distillers Corp.

Feb
Jan

Socony Vacuum Oil Co Inc

15%

Feb

Standard

73/4

Jan

Standard Steel Spring

13%

A

29%

j3A

26%
363/4
-

300

29%

5% Apr

4% Aug
25%

30

Apr

Jan

Jan

15%

15%

25

16

67

——15 ;

Oil of N J——:—

67

Studebaker

16%

300

10

10

10

500

9

Feb

10%

Jan

Sunray

48%

48%

49

400

43

53%

Jan

United

17%

17

150

14%

Jun

22

Jan

Wilson

&

200

6% July A
13% Jun

12

900

23%

10%

10%

800

•4%

*4 "

4%

3,800

Jun

9%

Jan

Feb A

24

Aug
liy* Jan

Jan

l3/4

Jan,

J6% Aug

;

Peb

% Mar

163%

23

10%

Jun

73%

Jan

173/4

12

1

Corp

Bruce

Apr

16%

60% Jun,

*•

Corp common————1

(George W) Corp.
Borg-Warner Corp common.

17% Jan

Jun

100

""

1

14 Ym

1,100

'

Borg

Co

(EL)

Burd Piston

common

Ring common

Burton-Dixie Corp

Butler

Bros

Central

H

—

*

Service

13—5

Inc

Doehler-Jarvis

Flour

Mills

Four-Wheel

600
300

15%

15%

50

11%

Jan

15%

11%

11%

1,000

10 Va

Jun

12%

10%

200

9

Feb

116%

16

111

Jan

116

A/.':

2'/a

51%

52%

600

453/4

Jun

57%

51%

300

39%

Feb

51%

Aug
Jan

Drive

15%

18%

950

27%

27%

3,200

28%

28%

28%

300
100

5%

30%

30%

30%

100

26%

Jun

3%

3%

3%

1,300

2%

Jan

3%

•

10%

Aug

10%

200

9%

Jun

12%

Jan

10

4%

4%

150

4

Jun

5

-

America

15%
27%

1"

Inc

Auto

6

6

15% Aug

28 %

25

Jan

273/4 Aug

22%

Jun

31%

Jan

7%

Jan

Jun

303/b Aug

6

American

Paper

Churngold Corp

Finance

General

Motors

Corp
Corp

1

common

Gillette
Gossard
Great

Safety
Co

Lakes

Hammond
Hellman

Razor

(W H)
Dr

&

Brew

Dk

•

15

153/b

750

common

new

11%

11%

350

20'/a

20%

600

45

20%

25

10

Katz Drug Co common
Kellogg Switchboard
common

Cine

&

Sub

45

85

Dow Drug

;

125
aa-aa10
: ; *'A 153.:

13

24%

25 A

19% Aug
12

.

Feb

15%

Jan

Aug

5%
28%

106

4 "A Av 4%

168

4

Jun

36

63

Jun

76%

Jan

11% Mar

12%

Jan

8 Va

Jan

„AA,„ 73

741/4

12

A, 12%

5

'8

July

26 ys

—*<

12%

7%

7%

,

:

277,

10

:*'AAis
V

19%, 19 Va

10

Apr

'

Apr

30% Aug
7Vz

Jan

6

Feb

15%

Jun

19 % Mar

Jan *

29% Aug

-

24%

"

Jun

10% July
14% Jun
8% Mar

32%

Jan

Formica

17

Jan

Hatfield-Campbell common
Kroger Co common-

Insulation

15% Aug

Procter

_•

-

_*

Rapid Electrotype

15%

Feb

113/a May
20% Aug

43

Aug

53

Jan

Jun

11%

Jan

Jun

18%

Jan

ft

23% July

26% Aug

263/4

200

23

27%

Jan

Chesapeake & Ohio
Citfes Service

Feb

73/4

Jan

Jun

City Products

15%

Feb

Columbia

7%
14

13%

7%
14

American

150
300

Line

5

22%

22%

100

7%

500

6%
10
6 3/4

Jun

Jun

xl4% July
213/4 Aug

7% Aug

American

63

11%

114

Jun

6

10

Jan

43 y8

553/8 Aug

Feb

9/4

Jun

68% Aug
11 % Jan

7%

Jan

19%

-

Jan

573/8

A 781

11 %

11 %

23

150
100

-:a;A 177

68%

A

68%
*

26%

American

54%

54%

Jun

27%

Jun

150%

Jan

Stocks—

400

7%
13

; :

6

0

6

"

Gamble..

Unlisted

29%

29%

29%
54%

Airlines

—

Rolling
Tel

&

—

Mill:

9%A

1
10

22%

100

.1453/4

25

31%

10

Tel

52 (

Feb

Jan

Dayton

Power

138-

10 Va

July
Jan

1

&

Light

—

7

115

29%

Jun

34%

Jan

52

27

37%

Feb

52

Aug

283/a

A 28%

8%

31%

50%

/

4%

287

28%

143

11

.*
Southern

Curtiss-Wright

23%

40
,67.

146%

31 Va

Gas

Commonwealth &

16

9%

23%

,22%

113/8

145

*

25%

Jun

171

93%

Jun

4%

149

3

Jan

8 Va

8 Vo

50

7%

Jan

28%

28%

25

26%

Jan

4%,

-

/

25

Jun

51/4

„

100

25%

Mar

18%

.

High

28%
4

—A—---.-A.*'

common

26%

300

42

_50
Yard

Eagle-Picher

26%

16

Co

-

Low

.

Jan

500

13%




Aug

93/4

300

1

oave

x63%

Jun

10%

7%

ape

6% Mar

Jun

6

Stock

17

7

footnotes

Tel

15%

Llbby McNeill & Libby common
Lincoln Printing Co common

For

Bell

Union

10%

1
•

25,

•

25

26%

common.

*

-

Electric common_8V2

Street

17

_

A

Gas &

26%

common

Lt

1

1

cap

common

L

-

Cincinnati
Cincinnati

20

13

-

Range Since January 1

High

19%

19%

8

preferred—9

Jan

'

200

common

Jun

Fibre

11%

Jan

52;

200

International Harvester

Material

5%

40a

12%

capital

&

300

2,650

29%

Co

Pr

8%

12%

Illinois Brick

Indianapolis

8%

28%

common

Co

Tool

6%

61%* 62%

♦

Bartlett

Pneum

8%

•

Hibb Spencer

Indep

62%

1

common

Instrument Co

(G)

6%

10

common

Gibson Refrigerator Co common

&

Shares

Low

__20
;

Champion

Jan

for Week

of Prices

par

Laundry Mach

Baldwin

Cincinnati
General

-A:-

AYs Aug,:.

.,

Sales

-Range A

Last

A VA;--

Jun
Jan

Exchange

Week's

Friday
STOCKS—

Jan

50%

Yt

11

Cincinnati Stock

113/a May
116% Aug

9

2%

—*

common

Sale Price

10

common

Co

Apr

10%

Corp

Aug

11%

6%

5

Corp class A

of

77/a

25

common

Corp

Credit

150

25

Commonwealth Edison

Domestic

16

10

j.

Crane Co common

Dodge Mfg Corp

o

1%

pfd——

common

Co

(The)

Xl5%

••'

7%

1

(new)—
Co

■}

1%

■

>_

common—

Chrysler Corp
Coleman

17%
.

1%

1

common

preferred
W

8

o

7%

Corp

Chicago Corp common
Chicago Towel Co con

Cities

16

..

common

Secur

Convertible
Central &

8

Oil

29
12
r

5 ye

Apr
Apr
Aug

10 -- -'Apr
30% May

THE

Number 4831

Volume 170

COMMERCIAL

&

FINANCIAL

CHRONICLE

(719)

35

OTHER STOCK EXCHANGES
FOR WEEK

RANGE

Friday

Par

Federated

Packard

14
127

1

75

10%

LaSalle

10

13%

Jan

McAller

4%

Jan

15%

9%

9%

•r' 47
•W 5

8%

29%

27%

29%

51

25%

10%

11%

91

9%

15%

15%

159

20%

20 %

20%

68%

66%

68%

25%

26%

22%

Corp

Oil-

22%

.15

J)_

Vacuum

25

Brands

Standard

Oil

(N

Standard

Oil

(Ohio)

Steel

Aug
Feb

14%

—33 %c

10

(new)_.

Kresge Co

62%

Jun

Low

American

Tel

Tel

&

£

.100

(Un)—

Chesapeake & Ohio RR (Un)

—•
•

Products

Cleveland
$4.50

Corp

Cliffs

Iron

Cleveland

Consolidated

Natural

3% May

5%

5%

12%

12%

13%

3%

3%

3%

7 od

3Va July

3% July

2

2%

6D0

2

July

2%

Jan

3%

4

565

3%

Jun

4%

Jan

2

Aug

3

Jan

12

Apr

Murray

Apr

National

Jun

14

Jan

Corporation
Electric Welding com.
National
Stamping _i
1

14%

Jun

17%

Jan

Packard

17%

Apr

21%

Jan

Park

60%

Jun

78

Jan

Parke

340

20%

Jun

26%

Jun

24% May

Bumper

Motor

Car

Chemical
Davis

42 %

Mar

95c

7

Aug

2.00 Mar

Feb

Sheller

Low

117
94

11%

11%

a43 % a43%

a5l% a51%

Jun

150%

34%

Jan

Jan

29%

Jan

3%

Jan

2%

737

1%

Jan

31%

410

18%

Jan

2%

300

2% July

4

Feb.

5%

550

5% Mar

6%

Jan

5%

31% Aug

1% May

Tube

class

Axle

1%

200

1%

Jun

11 %

11%

725

10 Vb

Jun

12%

1
B

1%
11%

15%

15

15 %

3,350

11%

Jun

15% Aug

1

common

2%

1

„

5

common

2%
17

17

„

Jan

18%

Jan

Jun

10% Mar

Jun,

14

182

2"%

Jun

2%

400

\

Jan

2% Mar

2% July

200

2%

2%

1

common

I V

Corp

1

4

1

15

15

&

Co

common

Aircraft

Warner

Wayne

Screw Products

common

1

>V.r V

42% Jan

36% Mar

Jan

Jan

Young

Spring

common..

*

__

38% Jun
43%

21%

30

77

72c

July

1

May

500

93c

1%

1%

700

221 %

22 %

100

17%

15

Jan

Aug

1%

Apr

1%

•

Jan

22% Aug

Jun

52% Aug

60

Wire

6%

Jun

July

46% Mar

75

&

3%
13

2,100

15

90c

1

common

16

300

4%

4

Walker

8%

820

8%

8%

8%

United States Radiator common

76

63%

47

Udylite

Jan

Jun

10% July
Jun

100

__

10

Timken-Detroit

25

440

71 r

29% July

Jan

High

29%

138

;r

24%

Aug

2%

2

__

5

common

Manufacturing

Standard

71

Paper

200

628

29%

13%

Jun

30%

2

»
2

Superior Tool & Die common

Range Since Jannary 1

91

1

_

Scotten-Dilion

High

V:Y

Manufacturing

29%

10%

515

,

5% Aug

5% Aug

200

2

2

*

Products
common

Raisin

3%

1

.1

& Co common..

W)

Y^Y1

YV-

•

common.

common

Brewing
(H

1%

10
1
2

common

Metal

Peninsular

Sales

a39% a39%

36

Jan

20%

Shares

15

(Un)

Gas

2% Mar

31%

Jun
Jun

for Week

•

common

100

1%

3%
1%

50

20

Electric Ulumin

3%

Feb

11%

100

1

common

Jun

71

1

common

preferred

2% May

1

a28% a28%

__

Feb

_,

1

a31%a31%

„

1%

Michigan

al44%al4G%

-

__

-25

City

400

McClanahan Oil,.

3%
14

Cleveland Stock Exchange
Par

High

160

1%

43

Week's
Range

Low

42%

1%

"■'•'.>24

of Prices

Range Since Jannary 1

42%

17 % Mar

50

Rudy

Last

Shares

High

Low

10

common

River

Friday

for Week

Range
ef Prices

2

(S S) common—

Manufacturing

Pfeiffer

Sale Price

Sales

Week's

Last
Sale Pries

Wines

Rickel

STOCKS—

i

,

..

Par

29%

11
3%

..

.

High

24% Mar "

3%

,

...

50% July

i4%

—50

Standard

S

28%

62%

Car

Pepsi-Cola
Pure Oil

U

28%

107/8

Motor

Socony

Low

:€1%

YY:—Vi

Pennsylvania RR

Radio

Range Since January 1

High

61%

__10

Central

York

New

Shares

28%

Stores-

Dept

Motors

General

stocks—

for Week

Low

i

19

Friday

Range
of Prices

Sale Price

AUGUST

Sales

Week's

Last

STOCKS—

ENDED

40
■

YY

duPont

(E I)

Eaton

(Un)

Controller

Erie Railroad

*

(Un)

General

Electric

General

Motors

Glidden

Co

a26% a26%

2

Manufacturing

Electric

•

:

80 .«

,

810% all %

Jan

40

Jafi

Los

Jun

51%

Jun

17%

Jun

21%

34

Jun

45%

Jan

25

Feb

35% Aug

Alleghany

Mar

77% May

Allis-Chalmers

a61% a62%

67

a20% a20% "

90

a39% a39»/8

30
20
5

75

U

Angeles Stock Exchange

Jan

.10

(Un)

Feb

14%

34

182

a36%

a38

Jan

94

9% Jun

51

»
1

32%

Jun

Aug

.10

(Un)
com

77

80

Jun

Sale Pries

'

(Un)„—V-,—-

Goodyear Tire
Lakes

Great

"

•

& Rubber

Towing

Too

com

i

-

V

*

Hanna

-

%

*

c

.

Rayon

35%

i

77

77

77

'

r

al05%al05%

2

1

(Un),.

a43 '/a a43 %

70

104%

•'AprV

107% Aug
43% Aug

33% Mar

32%

32%

32

7"*»

13%

13%

150

IIlO

m

9%

325

*
*

31%

Metropolitan Brick inc,,-,.,4

4%

Interlake

Steamship

Kelley Island Lime & Trans.
Sessions

Lamson &

32%

31% July
11% Jan

8%

(A

B
cement

Portland

G)

class

-

50

31%

26

Y

Central
Co

Oil

RR

Pennsylvania
Radio

(Un)—,

RR

Richman

&

__Vy

■f

Apr

American

Smelting & Ref

May

American

Tel & Tel Co

-25

Woolen

S

Warren

100

3%

Jun

Refining

52

9%

Jun

13% Jan

Atchison Topeka & Santa Fe

a23 Va a28%

50

23%

Jun

33%

Jan

Avco

14%

Jun

17%

Jun

14%

Jan

al5

27
21

19

Copper Mining
Steel Corp (Un)

;

26

Co

&

17%

Jun

21% Jan

Bandini

Jun

27%

Barker

40%

358

37

Jun

(111)

70

40

(Un)

common—

& Ohio

Co

Corp

33%

Jun

41% Aug

Barnhart-Morrow Consol
Barnsdall Oil Co (Un)

14 %

Jun

17%

Basin Oil

224

60 Yt

Jun

74y« Jan-

166

20

Jun

26%

Jan

Blue

a39V» a40

;

10

,

.

124

-.

34%

a63Va a63'/s

10

—

45%

Jan

Jun

42

Jan

20%

49:

Jun

33%

..<•

275

1%

Jan

Jun

1 % May

53%

-

24% May
1% Jan

•

Jun

74

Jan

Aviation Corp

Bendix

Diamond

Watling, Lerchen & Co.

Bolsa

(Un)

Chicago Stock Exchange

Exchange

&9%

alO

160

8%

9%

Allen

Week's
Range

200

2%

common

1 v

-V-U^

5%

Feb

7%

Jun

5%

$4.50

Power

common

—1
.

Bros

Davidson

common

Cleveland

Detroit

&

Detroit

—

Industries common
Manufacturing class

General

Goebel

B__

Finance common
Motors

Brewing

—

1

Hoskins Manufacturing common— -2%
Howell

Electric

Hurd Lock &

For

Motors

common—

..5

Mfg common

footnotes

see

page




1

42.

Jun

395

5%
7

.

6

30

Aug

10

106

Feb

100
240

5%

Y 22%

a50

130

40

3,125

10

5%

Apr

7%

•

y

Corp

Pacific Ry Co

3% Aug
.

;Y

6% May
11

Co

20%

Jan

3%

Jun

7% Aug

5
11 %

3%

3%

5

,

11%
3%

3%

•

2% July
17

July

520

5%

Jun

240

52%

Jun

100

110
400

200
210

1,665

25% Mar

Jun

10

310

38%

49

395

46%

7%

4,147

-

9%

9%

Y'

275

Y

Feb

Jan

44

Aug

53 Vb

5% July
Feb

44

49

Jan

10

Jan

10 Vb

Aug

24

6% July
7% Jun

Apr

a32% a32%

73

32% May

(Un)
(new)

13

13%

885

10%

Jun

14 %

(Un)_10

a31%

a31% a31%

180

28

Jun

29% July

10

13

Apr

105

a50% a52%

V210

44%

a52%

a49% a52 %

161

38%

Feb

Jan

56%

Jan

48% Aug

;

19

12%

100

15%

Jun

19%

Jan

11 Vb

360

10

Jun

11%

Apr

a27% a27%

197

25%

Jan

27% Aug

5

9,948

15%

15%

a27 %

11%

11%

25

4% 1

•Y

3

-

1.05

150

95c

25

25 Vb

270

10%

6%

1,797

14

•

9
•

1.80

21% Mar

13%

14

Y-5

Jan

July

1.05

25>/b

Liquidating Corp

9

8%

17% May
12%

Jun

1,324
21

11%

225

Feb

11% Aug

a26

138

22

Jun

27

Jan

a6%

75

5

Feb

7

Jan

7Vi

Jan

9%

Feb

a8%

91

a20

15

20% Aug

23

19

19%

400

17% Aug

21%

8% Aug
57

Jan

Industries

30
Aug
109% Aug
8

Inc

Co (Un)Electrical Products Corp
Electric Bond & Share

1

FAR

Fitzsimmons Stores Ltd

22% Aug

class A

——2
•
•

Corporation
Electric Co (Un)..
General Foods Corp
(Un)
—

Motors

Corp common—

3%

Apr

General

20%

Jan

General Public Util Corp

6%

Feb

Goodrich

9%

50c
5
4

1
1
1

Co Ltd class A
Liquidating Corp

Exeter Oil

Jan

10
5
•

;'pVY
al5%
12%

1

6%
63

Mar

Aug

(B

F)

Co

(Un)

Goodyear Tire & Rubber Co common—*
Graham-Paige Motors Corp (Un)
1
Great Northern Ry Co pfd (Un)
*

(Un)

5

Apr

Hilton

14

Jan

Development Co
Hudson Motor Car Co

3% July

6

3

4

Mar

Apr

(Un),

Hotels Corp

Holly

Hunt

Foods,

Inc.

3
5
1
—12.50

6.66%

13%

-

V

7%

V

38c

34c
v.-

52

al5al5%
12%

431
3,500

%

%

Y65% Jan

54% Mar

8%

7%

300

"(

12% July

13%

31c

65c

Aug

10

a38

448

34%

Jun

44%

163

41% Mar

61%

-■

14%

561

12

11%

,Y

52%

Jun

11%

Jan

,

Jan
Jan

13

Feb

a367/a

Mar

39%

~

mmm*

,_

63

62

752

14%

241

a59% a59%

10

1%

40%
1%

400

39%

100

36%

Feb

39%

all% all%

130

10%

Feb

12

40%
1%
all%

118

a—

34%

—

Jun

1 % May

Jan

43% May

39%

•

Jan

7%

Aug

44%

12

a37%

Jan
Jan

8

% July
7

Feb

15% May

Feb

11

200

7%

Jan

Jun

Jan

11

a25%

(Un)—•
—

Apr

5

10%

Apr

10%

a59% a59%

a20

common

Greyhound Corp

Jan

Apr

14% May

a8%

Corp

9% Aug

5%

Aug

25% Aug
1

Jan

7% May

600

10%

■

a 8%

Vultee

(Un)„
(Un)—

Jan

250

al6% al6%

•

Corp

Jan

13%

Jun

all%

♦
20

common

32% May

May
Jun

10

Iron

al2

a52%

1

General

100

9

5%

Jun

18%

*
25

com,,

(Un)

&

Garrett

200

Y

Aug

100

24

Class A

Feb

7%
6

Jan

6%

5

1,434

20

,

25

Curtiss-Wrlght

Aug

4%

61%

34% Mar
33%

30

Aug

6%

4%

Y

Jun
Jun

a6%

7

100
■

27%

6%

6%

Jan

a22% a22%

Products Corp

Fuel

18%

23%

44

'V

75c

48% July

93

5%

__

Jan

Jun

Aug

a6%

Jun

1,350

9

-

Jan
Jan

239

20

„

21

1
-5
•

Jun

2%

6

UV2

4%

!

27%

a30% a30%

a30%

Apr
Jun

Jun

25c

1.000

28c

15 %

.10%

1
15

Publishing Co

5%

18 %

61%
--

10%

Jun

Jan

Apr

*

Zellerbach

Crown

4%

y

25,575
4,791

.

Jun

7%

4%
~

5

Hall Lamp common

Mar

2%

1
1

common

7%
■;. 46-

18%

—

-

—10

common

30

6

22

.1

1

Gar Wood

General

_

140

,

6%

22%

1

Fruehauf Trailer common

51

5%

Y

6%

—20

Frankenmuth Brewing common

—

——

5

Navigation—

Edison

Gemmer

*

1

—

v

109% 109%

•rW-v

—

Continental Motors common

157

8%

30

*

wd

preferred

-

51

mmm.

Chrysler Corp
Consumers

8%

—

—

-25

12

High

Feb

177

1,300

3%

•>

Dresser

Rubber

Baldwin

7%

a59%

Curtis

Low

11

10 VB

11

496

10

—5

Creameries of America Inc

Range Since Jannary 1

High

5%

•

2

2.50

.

Aircraft (Un)—1
Continental Oil Co (Del) (Un),__
5

Shares

3%

—1

common

■■■■;

a49%

*

Packing

Consolidated

for Week

Low

l

Electric

27c

27c

Sales

of Prices

Last

16 %

400

3%

16

(Un)

Columbia'Gas System Inc (Un)
Commonwealth Edison Co (Un)

Detroit Stock Exchange

American Metal Prod

-7%

245

9%

3%

3%

6%

(Un)

Co

Consolidated

Altes Brewing

Jan

Jan

95%. Mar

Jun

WOodward 2-5525

Par

Jan

,

Jun 1

Commonwealth & Sou Corp (Un)—•
Cons Chollar Gould & Sav Mng
1
Consolidated Edison of N Y (Un)—•
Consolidated Engineering Corp,
—l

,

Jan

Jun Y

5

(Un)

Corp

Borg-Warner

Colorado

DETROIT

Building

Y- Y

.Jun

82%

900

6%

Preferred

Friday

5

300,,

,

156

2
5

(Un)

Co

Borden

Cities Service Co

New York Curb Exchange

; Y

Jun

35%
27%
7%

Jun

20%

27%

Jun

25%
1

5%

27%

Chrysler Corp

Detroit Stock

Sale Price

280

5

Corp

Caterpillar Tractor

New York Stock Exchange

.

Feb
Jan

23

140

398

20c
5

Chica Oil Corp

Certain-teed

Members

:

54
150

5%

•

27%

Eoeing Airplane Co

Canadian

Y

;

V-

6% jf

6%

6%

1

—

Co—

California

.

Jan

Jun

Jun

42

138%

a87%f! A87% a87%

.•V. •„«!'

Bethlehem Steel Corp (Un)

al6 "

.1%
,

*■'

29%

29 %

a22% a23%

10

RR Co

Petroleum
Bros

a66% a68%

;

(Un)

Byron Jackson Co

v

14%

■

Jan

Budd

i

Jun

a24% a25 %

29%

13
100
1

a25%a26%

,

•'"Y..y Y ;; ■(;. .X-'

10%

80

(Un)—.—3

1

al6

STOCKS—

310

1,691

5
(Un)—100

(Un)

Broadway Dept Store

j,,r

12% Aug

13%

43% Mar

a40% a42 \

;

Telephone:

Jan

144% 144%

a22%

Locomotive Works

Baldwin

17

,

a22% a22%

Ford

Jan

8%

a47% a48%

(Un)__30

Co

Manufacturing Corp

112

al9% a20%

-2

Chem

7

Jan

9%

■

;

&

100

100

4% Jan

y-

Youngstown Sheet & Tube

YV

V

13%

*

•

4%

a39% a39%

(Un)—

Steel

10% July

alO

&12

*

(Un)

Co

Anaconda

40% !

"» Y-

29% Aug

11% Jan

Armco

.10

Thompson Products Inc
Union Carbide & Carbon

3% May

Jun

al2

•

100

(Un)

Jan

.

„

Standard Oil of Ohio common

U

:>

"15

Co (Un)
Standard Oil Co of N J (Un),—

Oil

Socony-Vacuum

*

(Un)

(Un)

AUg'

19

'

„

Jun

27%

a9%

•

San

40

al0% all

•

Sears Roebuck & Co (Un)

St

&

33

40

;

al5

,VY

Bros

]

(Un)

Jun

-5

Eng.

(Un)

High

2%

325

July

*

(Un)

Republic Steel

29%

Inc

Radiator

Baltimore

Electric

Reliance

29%

32 %

.50

(Un)

29%

alO% all%

.50

Corp of Amer (Un)—

*

150

40

_*

-

(Un)

(Un)

14

Armour

N

Ohio

3%

'■

American

McKee
Medusa

3 Va

35

Jun

Low

3%

American Power & Light
Ameircan

•

Range Since January 1

High

1

Mfg Co

Airlines

Shares

225

(Un)

Corp

for Week

Low

Par

■

American
*

(MA) 4 % preferred,-

Industrial

34

.100

Preferred
'*

Range
ef Prices

Last

stocks—

Sales

Week's

Friday

63% Aug

,

Aug

14% Aug
a—

45

3%

9%
4%

Jan
Jan

Feb

July
Jan

9%

875

8%

1.95

1.75

2.05

4,900

1.70

Jun

12%

12

12%

764

9%

Feb

13% July

9

9

200

8%

Feb

11%

9%

Jun

Jap
Jan

"

36

THE

(720)

COMMERCIAL

&

FINANCIAL CHRONICLE

Monday, August 22, 1949

OTHER STOCK EXCHANGES
RANGE

Friday
STOCKS—

Lut

Range

Illinois

Central RR Co (Un)—;
Independent Exploration Co
Intercoast Petroleum Corp

Share*

i'

Low

27%

10%

10 %

10

1.25

1.10

11%
1.25

Philadelphia-Baltimore Stock Exchange
Friday

High

STOCKS—

530

27%

33 %o

—

22%

5,330
2,300

7%

"

95c

Feb

29%

Nickel

International

of

Paper

Can

Co

(Un)

(Un)

•

Feb

July
1.50 Mar

Par

42 Va

47

31

a8%

a8%

125

8

Jun

11

Apr

4

4

4%

2,930

4

Aug

9

—

15 a 15%

15

Aug

•"
9

47%

43
39

—;

47'/2

47'/a

256
385

42 'A

42%

1,245

a

Jun

Lt

Co

(Un)

Baltimore

May
Jun

46%

5%

Jan

Transit

Petroleum

Locxheed
Loew

Los

Aircraft

Inc

s

a7%

a7%

14

5

Jan

a23%

a23%
a7%

a24
a7%

50

20

Jun

a7%

10c

Co

1.05

1.05

1.25

3,112

Corp

__

1

(Un>

15

6%

7% Aug
26%

Jun

Budd

al8%

__

•

a

19%

90c

125

Merchants

Robbins

17%

360

14%

24%;,

345

20%

22

Jan

24 %

—

1.45

Jan

17%

20

Inc.——18

Petroleum

Co

Jun

(Un)

a36% a36%.

a36%

1

Montgomery Ward Si Co Inc

Chrysler

1.30

•

1.25

a53%

'

85c

National

Corp

(Un)

Nordon Corp Ltd
American Aviation

North

American

(Un)

•

11

Apr

1.90

8%

505

6%

17%

Jun

11

350

1

0c

9c

10

8% Aug
20 %

Aug

9% Jun

405

10
Cons———10

17%

20c

Jan

11%

Jan

Jun

4; 8% Jun

192

16% Jan

46%

130

46%

14%

335

12%

6

.

46%

14%

—

Ry Co (Un)....—100
Aircraft Inc
1.

17%

6%

995

6

Oceanic

Ohio

Petroleum

Oil

Pacific Gas

6%

Si

Elec

5%

5%

common

Publishing

Pacific

20

prefererd class A__25

div

$4.50

Pacific

Co

Corp
Oil

American

Finance

Co

•

Jun

Gimbel

(Un)

25c

July
Jan

17

Feb

Pennsylvania

25

(Un)

28

41c

Si

v

Corp

30%

Jan

•

com

32%

Apr

33% Aug
35% Aug

200

30%

Feb

32%

Sun

a29

;/Y:Y

*

«

1

28% Aug 4

28% Aug

Gas

51%

61

Westmoreland

398

50% Jun

25

101%

Jan

Mar

53%

Jun

103 % Aug

35%

200

37/«

710

J

a9

a9%

60

8%

21%

21%

1,377

19%

325

14 Va

Jun

17%

32 Va July
3% Jun

41

Apr

4%

Republic Steel Corp
Reserve

Rexall

Oil

&

(Un)

Jan

10%
24 /

(Un)

39% May

common..

Rheem

Manufacturing

12

20%

July

281

32%

Feb

Regis

Paper

300

25%

Jun

32

11

570

9%

Jun

14

Schenley Industries Inc
Seaboard Finance

a8%

4%

4%

2%

2%'

Roebuck

Security

(Un)

&

Oil

Trading

Co

17%

Jun

27%

Jan

3%

Jun

5%

Jan

5%

Apr

al7%

Corp

4%

319

17 Va

Jan

6%

Jan

Co

class A

29%

29%

365

22%

Jun

18%

19

738

16%

Jan

29% AUg
19% Mar

40%

40%

499

34% Feb

46%

46%

41% Aug

154

43

Jun

50 Va

Feb

35%

35%

300

31 %

Feb

38%

Jan

5c

5c

1,000

4c

1,307

20%

Feb

t.

--

II

!'Y

6%

pfd

cl A

800

12c

Jun

428c

(Un)

of

1,499

18%

Jun

24

15%

15%

491

14%

Jun

Y/li%

11%

.17%

11%

410

12 Va

32%

32%

32%

2,733

29

Company (Un)
Gulf Sulphur Co
(Un)
Incorporated preferred

Tidewater Assoc Oil Co

(Un)

25

-

(Un)
Corp_

Universal Consolidated Oil

see

page




195

33

Apt

36 V*

-

•

Jan

23 Vs

4,820

24%
17

-

26%

27%

22%

23%

.

27 %

28%'-

20 Va

56

23«

15

-■

'•

17

Apr

24% May

Jan

25%

Jun
;Y

Feb

17Vb Mar

-

Aug

27%
*

•

23%

*

28

233

22%

Jun

40%

463

20

Jan

567

25%

Jun

23% Aug
28% Feb

20%
58

59'/a

20%
.

56%

57

17%

223

V'

--247

•

Jun

23%

Jan

46%

52

~

59 Vs

Jan

Jan

59 Vb

Aug

52

Feb

60 %

.

4

3%

4 Vb

2

3,241

Feb

Apr

5

Aug

22

Va

21%.

22%

30%

31%

] 22% Aug

1,072

18V*

Feb

50

-

27%

Jun

37%

37

Apr

54%

Feb

43

Apr

61 %

Feb

Jan

40%

41'>

44%

44%

$3,500
600'

Sales

Week's
Range

for Week

of Prices

Shares

Low

Range Since January 1
Low

High

High

13'/b

13%

10

11

11%

655

Duquesne

5

11%

11

11%

1,470

8%

Jun

11% Aug

1

11

11

11

411

8 V*

Jun

11V* Aug

20%

20%

110

33%

33%

20

31V*

Jun

39% Mar

x22%

22%

119

20%

Jun

24% May

15

JUn

23% Jan
3% Feb

Fort

Brewing

Pitt

Brewing

Harbison

Walker

Refractories

Manufacturing

Joy
Lone

Star

Fuel

Mountain

__

1

—.———

Suply

10

—

10

Fireproofing

Corp__

*

Pittsburgh Plate Glass—
;
Pittsburgh Screw & Bolt Corp

3'/b

40

35%

10

34%

*

Steel

7Vb

—1

Spring

9c

1

Westinghouse Air Brake
Westinghouse Electric Corp

.

11

__

Toy Mining—

Standard

3Vb

—

Reymer & Eros
San

17%

17

5

Brewing $3.50 pfd

Pittsburgh

__

com___*

Co

Gas

Apr

u

795

12 V*

Apr

23% Jan

18% Jua

500

2 % July

335

27% May

42

35%

141

28%

35% Aug
8% Jan

3%

7%

75

6% July

500

9c

Jun

10

HVb Aug

Jan

6c

Feb

16c

12 V*

1,000

July

Jun

Mar

16

26%

145

21%

Jun

16% Aug
34% Jan

24V*

—

16

26

—

*

14% Mar

Jun

9% Jua

42

11 Vs

9c

11

25%

213

20%

Jun

26%

50

29

Jan

23%

Apr

23% July

Feb

American

al9% a20%

100

17%

21%

Jan

Bank

41

68%

41

C

Apr

Par

Tel

1,447 Y

56 Va

Jun

67% Aug

Brown

568

37%

Feb

41%

Apr

Burkart

72%

Jan

Clinton Industries

Shoe

68

68%

361

62%

Jun

16%

285

13%

Feb

16% Aug

Coca-Cola.

23%

500

16%

Feb

23%

Aug

Emerson

10%

a58%

a

10%

1,292

9 Va

Jun

19% al9Va

11%

17%

Jun

19%

Jan

49

Feb

58

Feb

14%

Feb

a56% a58%

23%

22%

11%

11

11%

15%

187

7%

8

312

a22% a22%

■U

3,652

15%

75

__

25

31%

*81%

23%

1,455

49

19%

55% May
64
4

31%

*81% a82%
37/a

4

Low

144% 146'/a

444

29 V* Mar

32% Aug

32%
23

29%

29%

60

24%/

35

—

24%
112

Jan

16

32%
22

24%

18% July

150%

9% May

32%

.100

Jun

Aug

22%

1

Bottling commonpreferred—

High

Feb

183

9

1

—

'

138%

16

150

1

common

17V_

Brew

Electric

common

(Un)

—

General

Motors

common

(Un)

_.

25%

Jun

Jan

-

100

112

12

16% Aug

Mar

Feb

8

16

Jun

23

Aug

24%

Jun

30%

Jan

Jun

25%

Feb

Aug

113%

Jan

22%

5

112

38%

37 V*

61%

62%

28

27 V*

29%

26 VB

26

26 VB

1

2%

-10

23%

I

39% Aug
40 Vb Jan
62% Feb

Feb
Jun

205.-

33 V*

62%

120

34 y*

273

52 y»

24

May

—

Preferred

2

Jun

2,110

19%

Jan

2"%

2%

19 Vb

-50

19 VB

43%

45

45.

100

23

1%

10

29% Aug

July
Jan

16

Jun

40%

Jan

39%

I
f "/

Feb

2% Mar
*\

28

Mar

Aug

Mar

Brewing

Hydraulic Pressed Brick common-

International

Jun

25

Jun

31% Mar

76 V*

Key

Jun

86

Jan

Laclede

2%

Jan

4

Shoe

Shoe

45

common.

45

Aug
2% Aug

2%

2%

7%

7%

100

7 V*

7%

2,180

13%

1

common

171

13%

20

13% July

17V*

Jan

18VB

18%

105

16

Jan

18 %

Aug

50

2% May

Aug

41 Va

Jan

*

common
Gas

common

McQuay-Norrls

20

38%

—5

Huttig S & D common

35 Vb

-

common

Griesedieck-Western

Jan

6%

240

23 V

1

Falctaff

Jan

Feb

20

72
850

a34% a34%
22'A

16% July

177/s Aug

35 Vb

Jun

39%

May
July

—

4

10

common

1

6% July

8%

5

7% Aug

Jan

Jan

Feb

1,904

20 V*

Jun

24 Va

49

1,415

35

Feb

51

al0% al0%

100

9%

Feb

Missouri Portland Cement

North
St

American

5 V*

Feb

12% May
7% Apr

186

21V*

Jun

26%

4%

Jun

Jan

Stix-Baer

a48% a49%

7%

80

45 y* Mar

47%

Jan

Wagner

100

(Un)

10

18%

17%

18%

103

15%

Jan

50c

5 V*

5VB

5 V4

650

3%

Jun

20% July
5% Jan

34

Jun

42

10

May

15

Jan

350

25

class A

common

Louis Public Service

4%

6%

6%

100

a24% a25Va

4%

a48y~

146

Range Since January 1

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17%

17%

._15

common

15%

10

1,740

48%

j

Shares

Mar

10%

572

30%

03

3

for Week

Low

17%

Sales,

Range
of Price*

3

Electric

Johansen

397/3

17i/.

II

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General

358
80

~n

Jan

Jan

20

(Un)

common

Mfg

23%

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Tel

&

rv

common-

Bldg & Eqpt common..

16%

V

.

Week's

Last

Sale Price

37%

,■>430

io

Friday
STOCKS—

27% July

67%

25%

Aug

26% Mar
-

30

12.50

St. Louis Slock Exchange

29% Aug

28 Va Mar

50

48%

42.

35%

May

11%

American Investment

Co-I-IIIIlO

(Un)

r

24%

•

Jan

II
,

Westinghouse Elec Corp (Un)
IIIII*
Willys-Overland Motors Inc (Un)
I
Co

42% Aug

20

*

35% Aug

al4% al4%

10

II"

Jun

Last

Co

49%

•

Warner Bros Pictures Inc
(Un)
Western Air Lines Inc

17%

32%

•14

Columbia Gas System

Jun

65%

10

Steel

Blaw-Knox

.32% Aug

.

Rubber Co

Jun

150

17

%';

Par

Apr

20%

__

Corp

2,374.

2,920

42%

22%

22%
*;

Friday

a32 '/a a32%

50

r®™icmR? Co (Un)
Corp (Un)

18%
15V*

w

35

Sale Price

32%

a64% a65Va

(Un)__•

common

Jun

18 V*

14%

Pittsburgh Stock Exchange

33 Va

*

"5
IIIl
(Un)III*

Union Carbide & Carbon
Corp

16%

8% Aug

'

1975

—

15

2

Century-Fox Film

Jan

1975

4s

5s series A_

501

•

Trancontinental & Western Air
Tri-Continental Corp (Un)

California

I

Jan

27 Va

200

10

Corporation

11%

Jan

—20

Baltimore Transit Co

41%

41 Va

1

Textron

796

29%

945

25%

a35 % a35%

•

25

28%

4

33% Aug

9% Feb

4i 1,065

25%

25

29%

28%

25%

29%

29%

Yt.

I

,

Jun

6%

Apr

25

•

Sunray Oil Corp common..
4%% preferred class B

Jan

6%

1,535

Apr
Jan

_•

Calif

17%

370

8%

Jan

22%

•

.Studebaker Corporation (Un)

footnotes

\v, V

21%

•

For

Feb

22%

(Un)

W)

I

al7c

25

(F

•

32%

23

Woolworth

'

32

(Un)

States

July

10c

Y al4c

(Un)

Gas

8% Mar

4

al7c

Standard Oil Co (Ind)

8tates

Aug

32%

Standard Oil Co (N J)
Stone & Webster Inc

United

25

_l

Standard Brands Inc (Un)

United

10;

1

Il5

com

Jun

8'/*

BONDS

National

24%
a6%,

•

Co

Calif Gas

United

Aug
6% Jan

•

Calif—

Southern Pacific
Company
Southern Railway
Company

United

39

Jun

24%

25

E° °n,

19% Jan

a6%

preferred

of

Jan

100

4.32%

Oil

25

4%

25

Union

July

4%

25

Twentieth

16

4%

25

Transamerlca

4% Aug

58

3,570

preferred

Texas

225

41

39

preferred

Texas

17%

35%

25c

_

Co of

Co

4%
a

385^

4.48%

Oil

3% May

661

4.56%

Standard

Jan

4,647

preferred

Southern

Mar

5%

18%

14%

42

-13%

Coal

Apr

6

20%

15

Southern Calif Edison Co Ltd
4.88 %

9

Jun

2%

145

Jun

3%
4%

•

Oil

Aircraft

Y

7%

4'/a

19%

30

Corp
Socony-Vacuum Oil Co Inc (Un)
Solar

4

5

1

Corp

Signal Oil & Gas
Signal Petroleum
Sinclair

29

10,230

20%

1.75

Company

Union

Sierra

.■

_5

Co

12 %

63% Aug

8%

15Va

>

Jan

1

(Un)

20

Jun

Jun

7%

18%
-

Apr

5

Co

217

Aug

51%

36 Va May

28%

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Safeway Stores Inc

204

1,125

"

Improvement

Jan

1

Co

62%

14%

•

53>;t Jan

50

1

Richfield Oil Corp common
Ryan Aeronautical Co

14

61V*

Jan

56

•

Co

51% Jan
75% Mar

Jan

2.50

Gas

Drug Ir.c

56% July

Apr

Jun

a8%

50c

103

204

8%

STOCKS-

Republic Pictures Corp

65 Vi

,

Jan

II
4%

20% Aug

534

~8V*

1

Apr

28%

Corp of America (Un)
•
Radio-Keith-Orpheum Corp (Un)_____1
Republic Petroleum Co
l

20% Aug

„

Jun

62

—3

Corp

3%

Radio

'

16% Mar.
Jan

•

United

53%

a33 a33%

Jan

165

34%

•

common

United

53%

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7%

28 % Mar

265

.

Jun

16%

63%

•

common-

Co

28 %' Aug

'578;

&43% &43%

4%

308-

—50

Paper
Oil

Apr

56%

&12 V* &12 V*

Scott

Apr

28%

Y

—

Jan

27%

28%

15

Jan

450

20%

—

common

426%

28%

15

Aug

57%

39%

'■

Reading Co

266

■

10 V*

Jun

20%

1

$1.40 div preference

938

■

Jun

44%

Mar

35%

•

7%

566

35%

—10

common

dlv preference common:
Insulated
Wire

33%

28%

21%

Feb
Jan

20%

204

10

—50

Philadelphia Electric

32%

35%

„

;,

16

.

Aug

20%

.

35%

30;

Jan

3.25 Jan

240

.

,

•

RR

Penn Water & Power Co

32%

103 % 103%

'

Pennsylvania Power & Light

Public Service El & Gas common.

—

<

—1

Jan

1.50

585

.' ■'

.

65%

Jun

59 %

.

7 Va

7

—5

Jan

v

'

—

Aug

V

10

/■v 9

Jun

52%

20%

—10

2.65

•

Shell

Corp

Brothers

32%

v

7

100

29 Va

'

,Y;/■

1

Pure

Sears

A

July

•

St

Motors

class

July

50

Puget Sound Pulp & Timber Co
Pullman Incorporated (Un)
Co

Amer

Lehigh Coal & Navigation
Pennroad Corp

11% Jan

May

56%

(Uri)_——2%

Pennsylvania RR Co (Un)
Phelps Dodge Corp (Un)

Oil

of

24% Jun

53%

_10

(Un),

Paramount Pictures Inc

h

300

*

__

Corp

Airways

1

1,612

28%

•

preferred

Western

•

29%

' 28%

1%

35%

i

'

•

.

a29

,

9 Va*

Storage Battery

29%

10

—

Packard Motor Car Co

1,000

33%

50%

13 Va

com

-

...

28*%

—

51%

1

28%

w

20

8% Jun

336

46% Aug

Aug

6

12,300

—.25

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Indemnity
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27c

1.65

59%

•

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35%

25

redeemable

Pacific

;

25
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27c

1.50

■

59%

12%

■

I

220

--

Co

—

8

25

—...

redeemable

.

5%

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^

—

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preferred

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—

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preferred

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Pan

—1

:

Edison Company
„
Oil Co (Un)———

Ohio

.

Corp

CO

10%

partic pfd__50

Davison Chemical Corp
Delaware Power Si Light

Phila
Occidental

12 V*

•

Pennsylvania Salt Mfg
-

2%

13% Jan

8c

1,000

9%

100

I...

1%

14% Jan

Jtm

370

10%

Aug

27

150% Jan

-

Jan
Mar

59

Jun

20%

(Un)—1

Inc

(tin)

Oil

170

7%

10%

Northern Pacific

Northrop

14

"

Jan

18% Aug
Jan

Jun

20 V*

8%

•

(Un)

North

American Co

14

1

Distillers Prod Corp

New York Central RR

North

B

Lines Inc

6%

Jun

26%

Jun

48%

32

High

Jan

145

2%

Fidelity & Deposit CO————10

50
1,200

1.30

a52V* a53%

9%

100

c

Corp

General

Nash-Kelvinator
National City

138

Jan

8% Mar

July

16%

t

v

13 Va

9%

•

Company

Electric
&

21%

1,209

Jan

1
(Un)

Angeles Blltmore Hotel Co

McKesson

Low

267

144% 146% 4

13

$r" * t.: '0—

com

1st preferred

Curtis
Lincoln

4

26%

13%

Baldwin Locomotive Works

15% Aug
56%

7

4

Lane-Wells

Company
Libby McNeil & Llbby

146

Arundel Corporation

Bankers Secur Corp
Gas

II100

Range Since January 1

High

26 %

Jan

County Land Co

Laclede

26%

Shares

49% Mar

Jan

...—-5

Kansas Power & Light Co__
Kennecott Copper Corp (Un)
Kern

27% July

——-1

Corp

a54

20

4

I

for Week

of Prices

Low

Stores

American Tel ds Tel.

Sale*

Range *

Sale Price

20

Jun

a55
a8%

___,

International Tel Si Tel Corp (Un)—•
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a29%a29%

—

15

"YY

Week's

Last

Jan

American
International

19

Range Since January 1

Low

100

AUGUST

for Week

of Prices

Bale Price

WEEK ENDED

Sale*

Week'*

For

FOR

•

Sears Roebuck

common

Sterling Aluminum common
& Fuller

Electric

common

common

*

•

—

5

40%
'V 10

1/

42

377

10%

850

'

13%

13%

13 Vi

100

12% May

36%

36'

36 %

257

33%

Jun

Aug

:

,

Jan

13% Mar
46

Jan

Number 4831

Volume 170

COMMERCIAL

THE

& FINANCIAL CHRONICLE

(721)

37

OTHER STOCK EXCHANGES
,V.

*

RANGE FOR WEEK ENDED AUGUST 19

V Last

Week'e
Range

Sale Price

of Prices

*

Friday *

San Francisco Stock
Friday

.y^&,

STOCKS—

v;,

Range
of Price*

Sale Price
Par

Air Reduction Co
Alaska

Juneau

i

.

,

Shares

Janfl Sine* January 1

139

.10

Low

High

23% May

Apr
2% Feb

~

Alleghany

Corp

common
(Un)
American Airlines Ine common

American

Factors

American

Power

Radiator

Amer

Ltd
&

&

200

(Un)__i

485

Tel

Tel

&

Co

20

17

17 %

83

*

12%

12>/2

205

7%

Feb

12% 'Aug

13%

13%

320

10%

Jun

14%

(Un)

American Viscose Corp eom
American Woolen Co (Un)

10% July

Jan

7

(Un)——*

(Un)__

San

American Smelting & Refining (Un)__*
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10

a48% a48%

100

(Un)

45%
138%

144%
a

59%

_•

146

2,107

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25

25%

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25%

175

22

Jun

15

-51

Apr

29

29 %

400

29%

30

1,394

Arkansas Nat Gas Corp class A

(Un)_*

alO

alO

10%

87

6%

6%

6%

6%

100

5

Jun

87

87

165

87

(111)

(Un)____

& Santa Fe

(Un)

100

Atlas

a

Corp (Un)
Atok Big Wedge Mining Co
Avco Manufacturing Corp

10P

24c

25c

5%

5%

225

Easin

Oil

20c

10%

10%

100

Beech

Aircraft

Co

Corp

Bendix

Aviation

Bendix

Home

Eenquet Cons
Bethlehem

Bunker

a29%
a9%

7%

8

1

2.00

2.00

&

Sullivan

Corp

Central Eureka

14%

Jan

2.60 Jan

1.95 Mar

40% Feb

M

May

50%

15

15

175

13%

Jun

22

25%

Jan

52

21% Jun

8%

2,175

5% Jun

32%

•

common

32%

180

50

54

54

13%

13%

30

325

Feb

36 %

52%

14

25

(Un)

8% Apr

Feb

58

Apr

14%

31%

310

27% Jun

&

Morrison-Knudsen

27%

395

24

Jun

30%

Jan

1.15

1.40

3,665

90c

Jun

1.80

Jan

Columbia

(Un)

Commonwealth

&

Commonwealth
Consolidated

Southern

Indus

Oil

Creameries

Co

of

Y

Di

47/8

5

27%

Pont

(E

Eastman
El

Food

Jan

25 %

Aug

43'/a

Jan

10%

769

8

Jun

12 %

a59

a59

20

54

Jun

55%

Jun

11

11%

965

Jan

11% Aug

26

25%

11

26%

452

94

39

90

May

7

110

5%

Feb

8

8%

200

7%

Jan

10%

5

10%

137

29%

1,045

24%

Apr

102

43%

Apr

►48% Mar

47% Aug

52% Aug

50%

(Un)__10

a43

52%

1,511

a42%

a43

140

11%

1,510

Holly

14%

12% Mar

15% Aug

31

Jun

39

Jan

20

14%

14%

160

11% Aug

18

Jan

%

%

300

% July

7%

Jan

25%

25%

411

22% May

28%

Jan

—2%

5%

5%

200

6%

Jan

_

National City

•

Co

38

588

38

34%. Jun

39%

41%

Jan

61%

716

53%

Jun

12

12%

320

10

Jun

16%

Rubber

21

100

20

25

Feb

Ry

:

it:

v

July

Jan

14

14%

415

10

Feb

14% Jun

64%

64%

100

56

Jun

64 %

Aug

a39% a40%

111

37%

Jun

44

Jan

1%

1%

400

1 %

May

a39

a39

65

34%

Jun

•
1%

(Un)__j»__l
(Un)_*

cpm

pfd

non-cum

a44% a45%

•

(Un)

Corp

all%

3

Pineapple Co Ltd
Co class B (Un)

;

10%

92

all% all%

i

2% Mar
39%

Apr
11% July

Feb

Oil

17%

1,958

2.00

100

16%

Feb

19% May

1.75 May

3% Mar

1

Corp

1.95

2.05

850

*

Development Co

Honolulu

*

17
2.00

17%

,

Battery

Motor

50%

52

1,000

42%

Jun

al2 a 12%

55

10%

Feb

1.65 Jun

4%

Jan

Hupp

Inc

6%

(Un)

Corp

Idaho

Power

Mines

Co

Corp

1XL

Mining Co

__

Johns-Manville
Kaiser-Frazer
Kennecott

Tel

com

2.10

(Un)___

2.10

10%

(Un) J*

(Un)__

a33 % a 33%

10%

11%

a28% a29%

302

•\\

8%

66%

Jan

13% Aug
11

Feb

2

,

50

2,000

Feb

30

1.70 Jun

,

32%

170

2,090

Aug

Land

County

Leslie Salt

Co

LeTourneau

&

Inc.

Libby

Aircraft

Lockheed
Loew's

G)

Inc

Corp

__

If

Jun

7%

Feb

^
-

2.20 Jan
32% May
19% July

— —

•

1

Jun

31%

8

Jun

11

Apr

30

Aug

45

32

4,200

a39'/4 a39%

30

4

4%

1,235

48%

285

—

42%

483

30

33% Jun
4

41%

Aug

Jan

Jun

39%
9

55%

30

30

all% all%

12

39

Jun

27% May

9% Mar

46%

Jan

>Jan

<R

H)

13

a7%

75

6%

Jun

8%

19

a!7%

«

common

__

1
1

For

footnotes, see page 42.




Peb

53%

53%

277

48

20%

20(4

20%

570

19% Mar

22%

Apr

13%

14

320

10%

Jun

15%

Jan

12%

12%

524

9%

Jun

13

Aug

■

N

Y

435

Prbdtftts

20%

870

360
200

Feb

10%
1.40

11%

j:

Apr

1.50

•

20% Aug

Jun

Jan

10.

1.40

July

17%

11%

8%

20 y4

*.

ik

(Un)

Jun

6%

8

1

8% Aug

(Un)

«

11

11

110

9%

Jun

Aviation

1

10

10

140

8(4

Jun

11%

17%

17%

17%

t

12%, Jan

North

American

North

American

North Amer
North

Oil

Pacific

Oceanic

Class

28%

•

class

Filters

30
12 V.

5

4%

A_

1st

Packard

American

33

150
205

30

255

28%

Jan

30

Jan

12%

800

10

Jun

13%

Jan

593

3%

Apr

3.00 Aug

2.35 Mar

'

Jan

6

3,638

30 %

Jan

33% Aug

36

1,178

33

Apr

36

Aug

30

423

27

Apr

30

Aug

Apr

28%

Jan

29%

25
25

28%

28%--38%

875

26%

A—25

series

28%

28%

28%

805

28

:•

53

53

10

*86

55%

44

Jan

54

Jun

100%

1,237

103% Aug

Jun

Jan

58

July

17%

17%

135

Feb

19% May

*

26

26%

761

24%

Feb

26% May

.100

98

98

135

89

Feb

98

♦

3%

4

250

*
•

a9 %

a9 %

25

8%

Feb

10% Mar

18 %

18%

760

15%

Jun

20

* /'

(Un)

com

52

55

28% Aug

%. Aug

50

895

53

103 103%

103%

(Un) I

com

Airways

y.

Aug
Jan

33

—

Cement

Motor Co

29 %

35%

Corp common

Tel

&

28% Aug
23% Jun

25

Public Sprvice common
preferred
Tel

Jan

4%
33%

preferred
Portland

2.65

25

preferred
1st
preferred

Lighting

Feb
Mar

4lc

Feb

July

1.50

3

2.75

*

:

;

29%

29 y8

20

.—

red

Pacific

15%

(when distributed) __8

(Un)_

5%

$4.50

13% July
23c

475

5%

Pacific

100

840

44 Vt

29%

preferred
1st preferred

Pacific

14'%
—

1.55

i

Jan

>

600

B

red

60

27C

1st

5%

37% Jun

.

972

47%

?

Aug

1.55

Pacific Coast Aggregates
Pac Gas & Electric common
6%

44

47

i

:

May

85

27c

1

_

1

(Un)

United

19

10

,

1.50

cap.

cap

Jan

Feb

75% July

223

85.

85

,'t9

___*

Co

1.25

■.

——

\

-100

(Un)

Sugar Co

Oliver

10

Corp

Co

Ohio Edison com
Olaa

10

,

Cons

Ry

Oil

Ohio Oil

(Un)

pfd—____ _.100

Petroleum

Occidental

—

;

(Uni„

Co

11%

1

Invest 6%

American

Northern

Pan

;t

.

57% Mar

Jun

(Un)

Companies common
(Un)—

15%

3%

Aug

4%

Jun

Jan

Jan

'

1

21

21%

180

19

Jun

24%

Feb

50
33'/be
25

14%

15

319

17%

Jan

9%

9%

635

14% July
8% Jan

11%

Apr

a43 V2 a43%

75

37

Jun

49%

Feb

11

May

15

Jan

Feb

60

Mar

Paramount Pictures

Pennsylvania RR Co

(Un)

(Un)—
Phelps Dodge Corp (Un)

Pepsi Cola Co

P10o

15

15

30

*
7%

57%

57%

285

5

5

20

12%

12%

780

11% Jun

a33% a33%

Philippine Long Dist Tel Co
Fhillips Petroleum Co
Pig'n
Whistle
conv
prior pfd

110

32 % July

52 %

6% Mar

3% July

^

12%

Puget'Scund Pulp & Tlmbei^ (Un)—
Pullman

(Un)

Inc

Oil

Co

2tf%

(Un).

'

21%

Jan

35

Apr

Feb

32%

Apr

9%

Jun

14%

7%

90

29%

Jun

9

Apr

7% Mar

10

Aug

25%

—

—

592

Radio

Corp of

11

Keith

America (Un)
•
Orpheum (Un)
1
& Realty common....*

10%

Radio

a8%

a8%

10

8%

10

399

100

58%

59

50

42%
28

Railway

Preferred

Rayonier

—

(Un)

Reynolds Tobacco class B (Un)—
Rheem Manufacturing Co
Richfield

Oil

Riverside

Cement

Maurico

Shell

Oil

Sinclair

Soundview
.

So

Sperry

Aug

25

Jan

39

1,060

21%

Feb

25% Aug

378

10%

Jan

12%

Feb

5

24%

24%

2,912

16%

Jan

25

Aug

7c

6c

Feb

23,700

a41%

a40-% a42%

434

34%

Feb

41% Aug

15

a35%

100

31

Feb

38%

Jan

•

32%

a34% a35%
32
32%

1,000

20'A

Jan

34

Aug

•

22%

24

'Apr

8c

22%

1,108

16

15%

16

1,273

—5

24%

25%

929

y

of

Studebaker Corp

Apr

29%

Jan

32% Aug

May

26% July

32%

1,512

25%

375

25

29%

250

28

a29 a29%

105

27%

35%

153

33'A

a39% a41 %

202

33 %

a25% a25%

40

24

July

a20 »20 %

95

18

Jan

55%

Jun

—-—^——25^
ser

A———

35%

25
•

of

a41

*

(Un)
Calif

66

(Un)—

25

a68%

_i

23%

(Un)
(Un)

10
10
10
10

-

1,528

41%

;.; 113

a66% a68%

25

67%

41%

v

Indiana

Super Mold Corp cap

24

Corp

Apr

Oil

United

Co

&
of

Carbon (Un)
Calif common

Lines Inc

Air

35% Aug

Apr
Jun

Jan
Apr

20% Aug
67% Jan
41 %

403

61%

Jun

72%

Jan

20%

-1,655

16%

Feb

24

Aug

10%

83

10 %

Jun

al7

5

al7

16%

Feb

18

Aug

Jan

14
•

—

49%
27%

*

39% Aug

-

Mar

58%

57%

407

48%

Jun

58% Aug

.10
10

23%

22%

917

19%

Jun

25%

U'/b

11 Vs

4,662

10

Jan

12

25

"

Carbide

Union

29% May
28% July

Mar

2

Company
(Un)
Ass'd Oil common

Water

Transamerica

Jan

28%

32%

Co

McKee

17%

Jun

29%

_____

Standard Brands Inc
Co

Jun
Jun

25%

———————1

Oil

18%
14 V4
21

(Un)_-_*

Pacific Co

Oil

21%

2«

4.88%

Standard

Mar

11c

8c

•

P10

(Un)—*—
Oil (Un)

Standard

Tide

Aug
Jan

1,166

Pulp Co

Corp

Sunset

19%

39

Calif Gas Co pfd

Bouthern

38 %

Jun

12%

Corp

pfd

Jan

14

25%

———

preferred
preferred

4.56%

Jan

35%

313

17%
36

Southern Calif Edison Co com

Conv

26%

155

17%

a38%

12%

;/ f v;I' 1;

4.32%

17% Jun

24%

Signal Oil & Gas Co class A

Socony-Vacuum

126

—10

Mining,*..^—+—
Oil

Union

25

20%
a38 '/4 a38%
20%

•
(Un)—•

Roebuck & Co

Sears

July

a31% a31%

•
10
1

A

class

Co

Foods

Safeway Stores Inc—
San

59% Aug
34% Feb

Jun

Ins-—*-

Corp_

W .Fine

&

Jan

25

preferred

Incorp

Republic Steel Corp

S

■

Equip

Del (Un)

-

Jan
Mar

39%

—

527

33%

Jun

41% Jan

31%

•

•
25
25
.10
10

1,085

25%

Jun

31% Mar

13%

152

10% Jan

14% Mar

1,399

1

2%

Jan

U

S

Steel

Universal

(new) common
Consolidated Oil
.
Corp

4

Aug

720

Victor

<Un)_

Sugar common

Equipment

19%

200

16%

Jan

Jan

70

14%

Jan

May

21%

al7% al7%

(Un)

20%

Jun

23% Aug

520

35

Feb

51

"

49%

48%

49'4

Feb

2.40

100

2.05

7%

7%

7%

450

10%

10%

10%

325

7% Jun
9% Jan

285

2.40

96

95c

1.00

3,510

6

5%

6

1,300

5%

Jun

—

20

21

375

17%

Jun

1
50c

6%

6%

7

300

5%

Feb

16

16%

536

Western

a32

104

8%

138

5%

Jun

18

Jan

9

100

7%

Jun

17%

Apr

31% May

Apr

285

1.00

Western

9

270

275

(Un)—l
1
West Indies Sugar common—
1
Preferred

Jan

8%

Jun

5
5

Fargo Bank & U T—
Westates Petroleum common

Apr
18% July

a31%

28

10

1

Co

Warner Bros Pictures

*

Jan

32% Mar

a7%

1

Martin

(Glenn)

8

T

Jan

a8%

30

42%
•

7

Magnavox Co
Co

6% May

1

(Un)

Air

100

—

Lines

Inc

Department

(Un)

Stores

Elec Corp (Un)——12%
Willys-Overland Motors (Un)
._—1
Woolworth
<F
W)
(Un)
lo
Yellow Cab Co common
1
Westinghouse

Macy & Co

20

Central RR

New

United Corp of
26

35

48%

■

5

•

(Un)

F

1

Feb

0%

'

Utah-Idaho

»

„_10

(R

Libby McNeill

Company-

.

4%

—

Wells
Fern

3(4 Aug

2 % Mar

185

a8%

*

1

Corp

July

119

»

Union
-.

a33%

(Un)

Corp

Copper

2.00

:

—

...

Corp

al%

20

International Nickel Co Canada
&

al%

33 Vac

common

Tel

9%

(Un)—1

Independent Exploration

International

91/b

___1

...

Maryland

Idaho

12.50

•

Foods

Hunt

Co

Car

23c

1,400

capital
Park Mining Co

Texas

Hudson

July

20c

—

Co

Jan

21

a45%

100

common

15c

18c

*

Distillers

Na torn as

43% May
62% Feb

25

_—_______

&

Apr

Jan

*

common

Ltd

5

Jun

61%

•

10

Corp

Lines

National

v

Corp

(Un)

Standard Oil Co of N J

Hawaiian

v

47% Mar

317

Graham-Paige Motors

Hobbs

9%

<

740

common

preferred

Greyhound

Jun

40

15%

...

Jan

3%

¥

Jan

July

38%

*

Gladding McBean & Co

North

;

12%
30

10%

__5

■

Great

8% Jun

15%

(Un)

(Un)

Goodyear Tire

9% Feb

29%

(Un)

Motors

State

:

Jan

36%

General Electric Co

4%

7%

a47% a48%

•

General Foods Coro

Golden

Mar

95

11%

Co

Paint

J00% Aug

Mar

95

99% 100%

Jan

38%

Kleiser

General

27%

Jun

20

2,195

7

Liquidating

General

8%

95

15

Share Co

35c

Apr

a59

(Un)

common

Jan

Apr

'

Apr

Corp common
1
& Chemical
—10

&

Machinery

Foster &

44 %

41%

11%

5

common

Nemours.

Co

Plantation

FAR

34% July

21% Mar

157

___1

(Un)___

Emporium Capwell Co common
Ewa

170

550

*

(Un)_.

com

Oil Works

Bond

38

25%

10%

5

common

de

I)

Aug;

27% Aug

Jun

38

1

common

Fields Co

Kodak

Dorado

Electric

25%

*

Co

Co

5

*'2%Jan

290

22c

—

—

.17

1

Giorgio Fruit class A

du

9,958

11% Apr
Jan

Jun

14% July

5

(Un)

Inc

Corp

Oil

9"%
;
.

24%

*

100%

Chemical

:

42% Mar

5,600

1

High

Jan

48 % May

a42% a43%

A.j..*

(Unn

common

(Dell

Corp

Publishing

Dominguez

5

27%

(Un)_15

preferred

Curtiss-Wright

Dow

405

•

Preferred
2nd

Curtis

11%

Jan

33c

32c

—

3%

10

Nash-Kelvlnator Corp
Auto Fibres

Pure

Amer

Zellerbach

Crown

class
Co

Gas

Aircraft

Continental

Jun

a49%

34%

57%

Jun

44%

95

25

Co of N

Natural

Vultee

Cons

30%

645

a52

:

Chem

.onsoliaated Edison

Consolidated

(Un)

323

52%

11%

*

Edison

31%

al6% al6%

(Un)__»

common

Solvents

a51%

51

52%

lo

t

Gas System

Commercial

31%

25
25

Cities Service Co (Un)

33%, May

•

(Un)

Co

National

Paraffir.e

Chesapeake & Ohio Ry (Un)
Chrysler Coip

33% May

3(4

_1

Co

32% July

27%

l

Mining Co.

31%

•

J '■

(Un) _*

com

Jan

10

common

'»

17%

5

Low

'<(•

Pacific
new

P10

Mines

Cement

(Un)
Montgomery Ward

Jan

10% Jun

__

—

11% Feb

a36 Vb a36%

13%

700

6%

Portland

Jan

a22% a23 V'b

(Un)

Range Since January 1

High
13%

Preferred

Jan

4 % a 44 %

Inc

J,& M & M cons Un)

Monolith

41% May

44 %

America

of

Jan

Jun

7

33%

Robbins

&

for Week
Shares

tow

*

(Un)__—

Co

Mindanao Mother Lode

2% Aug

120

*

Caterpillar Tractor
Celanese

Feb

10

Jun

7%

—

Ry

34% Mar

Jun

48%

♦

Pacific

May

__2%

(Un)

Packing Corp

Preferred
Canadian

13
a__

23%

1,100

Mar

48%

a4

—y--'—r—

Co

7% Jan

32c

5

(Un)

common

Jan

Jun

2% Aug

7,277

.

Jan

20% Mar

8% May

210

15

Corp

Cement

California

27%

___2

(Un)

Byron Jackson Co
Calaveras

27%

Aug

26%

472

•

(Un)

Hill

2%

9% Mar

7"%

,

102

a

100

2%

;

IOV2 Aug

45

a97/8

a9%

31% Mar

5

40

a8'/8

a29% a30%

Pi

(Un)

Bishop Oil Co__
Blair Holdings Corp

Borg-Warner

a8%

__5

—__33Vbc

Mining

Steel

Borden Co

(Un)

34% Jan

20% Mar
22c
Jun

a23% a23V2

l

Corp

Appliances

Jun

28% July

25%

11,900

3

5

Jan

37% Feb

Jan

5

&, Co

Atchison Top

Feb

51%

22% Jun

30

50

Jan

149% Jan

Jun

20

Jan

53%

May

Anaconda Copper Mining (Un)•
Anglo Calif Natl Bank
:
Armour

Apr

3% AUg

-

(Un)

cap

Light

Stan

l

3%

2%

35

Navigation

McKesson

20% Feb

\

High

23

Co

Min

Matson
0

Low

(Un)

Gold

fcr Week

Sales
>

13%

For

Sale*

Week's

Last

STOCKS—

Exchange

...

85c

13'A Mar
21

25

——

25%

545

4%

4%

100

4%

49

4%

Feb

49

192

44%

5

5

130

5

2.70

July
Apr

9% Jan
12% May
285

Aug

1.20 May

7%

Jan

22% Jan

7% Apr

j

16% Aug

]

Jun

26%

Jan

Jun

7%

Jan

Jen

July

49% July

7%

Apr

(722)

THE

COMMERCIAL

CANADIAN

FINANCIAL CHRONICLE

LISTED

FOR WEEK

RANGE

Montreal Stock

&

Monday, -August 22,: 1949

MARKETS

ENDED

AUGUST

19

Friday

Exchange

STOCKS—

Omllsa F«nd#
Friday
stocks—

Last

Power

&

Paper

Range

Acadia-Atlantic

5%

•

4 7a %
-

Ltd

Asbestos

class

A„

class

1,225

30

53

1,450

41

Bell

Power

Paper

u

26

26

285

25%

43

43

"60

43

A.

6%'

a65

23%

2,675

a65

Mines

Brazilian

Ltd

19

i

Trac

Light

•

&

>

Power

•

Class

Brack

Mills

Ltd

class

3,143

Gold

Dredging

$1.50 preferred
Northern

Canada

Steamship

24%

Corp

Breweries
Bronze

$1.75

2%

102

15 7,
30%
13

257a

A

2174

97a Jun
13
Jun

14%

14%

125

22

1,178

3674

3674

80

a8

alO

10

8

Jun

24%

267a

125

24

Aug

28%

11%

Jan

May

11%

Jan

Jan

a8

9%

34% July

10

485

8%

9%

200

8

24

Jun

36%

11%

Jun

17%

26

27

625

15 74

15 7B

15%

3,686

127a

12%

205

11

14%

620

81

Jun

122%

May

22

1174

11%

115

9

,>Jun

'21

22

125

21

Aug
Jun

Apr

10

May

.

72
42

72

72.

'

150

71

42 %

535

147,

Jan

j

24

Jan

:

86

Jan

f

427a

36% Jun

2374

24%

2,773

47

47 7a

345

135

135

56

-j

42

24'A
47%

v

pfd—100

-

1 22%

13, 18%
207a
20%

*

'

Jun

Jan

560

15% Mar

40

1974

25

Jun

22

a95
-•

17%

20

>

'•■vH

>

5

Apr
Jan

Apr

24

Jan

94%

Jun

977a

Apr

17

50

Feb

20

Jan

17%

125

8

6%

m

13,325

84'A

83%

8474

51«

7874 Mar

857,

Apr

£274

8374

225

80

85%

Feb

6 7e

6%

230

a27 7« a27 Vo

common—

5

—

15

17

Jun

5

Jun

18% Mar
•

8% Aug

Jun

574
24

Jun

7y2

iJan

•

May

15

157b

3,095

29

297a

1,200

24

Jun

..170

170

20

170

170

23

23

:" 250

Aug

23

21

Aug
Apr

25

Apr

19

19

.25

17% July

19

Jan

>33%

Worts—

34 7a

731

27

Feb

37

Apr

Jun

>

29%
,100

...

>

*

common

IlOO

,20

Feb

.

Limited

—:

> May

14

16%

Jan

29% Aug

v

10

9772

100

Feb

Feb

43

Jan

Jun

25%

Jan

Apr

287a

Jan

41%

41

417a

175

a25

a25

a25

35

24%

a28

a28

5

277a

23%

2474

918

227a

Feb

24% May

29 %

-25

—

preferred

a98 7a a987a
''

common

297a

200

28%

Feb

297a

1,085

..25

——

39
-

Banks-

98%*

30

•2474

10

—

Jun

70

16

Jun

21

24

24

50

22%

Jun

27

40

40

50

35%

Feb

40%

35

50

31

Feb

35

13'/a

Jun

17%

Jan

27%

35%

35%

530

25 7a

25%

25 7a

1,355

Aug

1,980

2674

35%

Aug

16%

26

10

Aug

25

:Jun

267a

Jan

34

Mar

367»

Apr

I

Jun

267a

Apr

•<

24%

Apr

17%

10
.—10

8cotia

Royal

Aug

17%

Montreal

Jan

19'/a

37%

6%

Glass

preferred
St

25

Steel__.

—•

common

Stores

24

v:

•

20

34%

—25

l td

277a

277a

277a

125

21

21

285

21

22

'22

22

180

19%

i-50

common

•

11%

*

preferred

Power

•

.

.

14

14

1474

28%

28%
21

1,310

91%

917a

75

17

167a

17

1927

105
110
2 Va

15

100

mm

.

•

__

Corp common-

-

_

Sons

•

Bros

(C

(John

Ltd——;
Wi

Massey-Harris >
McColl-Frontenac

—25

—mi.

Montreal

Jun

106

Feb

110

Jan

1.75

13

Jun

Drug & Chem
Preferred
Wire

Car

*

Flour

17

Jan

10% May

Steel

Ottawa Light, Heat
57c preferred
Page-Rersev Tubes

.

St

Power

com

Ltd

common

—




a

5 7a

13

3%

6%

Jun

Jun

5

147a

14%

265

13

Jun

all

all

5

10

Ajpr

127a

Brown

Company

(Burnett. Ltd

4

&

Canada

Packers

Class

Dominion
Ltd

B

class

Food

47a%

Jan

Canadian

Western

147a

Jan

Canadian

Cassidy's

1,947
400

24%

Jan

25%

22%

Apr

1,303

197a

Feb

237,

Jun

97

Jan

'

16

97

40

15% July

3,803
48]

Jan

36

Jan

10%

200

10

30

16

;

,

127a
187a

> 29%

Div

1674

Aug

/.

10

Feb

>

Textile

Jan

197a

Jan

15

Feb
Mar

Jan

Eastern; Steel

Jan

East

■"f'V

10

17

Aug

33

July

Apr
70% July

15%

15%

165

1574 Mar

177«

Jan

19%

il97a

a20

165

19% Mar

22

Jan

63

20

63

81

237s Aug

a24

17

1.95

700

70

,70

70

30

37,

3

3%

3,200

3

Aug

a51

a51

1

47

May

52% Aug

11

550

10

July

12

Feb

110

July

116

Mai

—

11

110

al.50

-f:

62

95

20c

20c

214

2Va

2%

325

8

117a

125

a30c

•

a30c

37

11 3

A__°

17

5,757

834

834

500

6%

67a

25

46

47

100

16%

17

0

...

60c

100

Jun

Jan
Jan

6

Jan

117a

Aug

25c

Jan

137a

Apr

a

7%'Jun
35c

Mar

4

Jan

27a
>

Jan

84

Jun

54

Jan

2.00

—

20c
•

337a

Jun

Jun

a

101

717a

com..*

"•

1.15

100
;

69 Va

•

Ltd

•'

Jan

a23

110

Ltd

class

Works

Aug

1.90

Jan

Jun

18 7a

Apr

8

July

127a

Jan*

6

'Feb

77a

42

" Feb

.

Feb

;

Ltd—

46

-

•

Ltd

rr

-

Jan

48

37

120

36 7s

40

Mat

>60

60

104

53

Jun

70

May

11%

11%

60

11%

Aug

•13%

Jan

15

37

•

15

310

137a

Jun

207,

Jan

5 Ve

400

774

Jan

36%

15

1
•

Ford Motor Co of Canada class
A

•

2374

Great

•

12

*

35

40

Jan

Aug

Jan

6

Feb

1174

1174

80
"946

>

•,.

21

45

20

1,586

49

May

23

20

20

25

25%
26'A
102% 102'/a

715

550

July

.8

20

Feb

18

20%

Jan

1174

Jan

237a
-

Jan

23

Jun

587,

22%

42 7a

Class

Feb

597a Aug'

Hotel

A

de

Loblaw

Maple

Jan

20

Mar

Maritime

Jan

26% July

7 r/o

Leaf

July

Milling

Teleg

&

class

Co
Tel

195

37

Jan

45

a56

May

15

56

Aug

63

Jan

Melchers

Jun

19'A

Jan

Mica

of

Canada Ltd

—

2374

> 631

12

12 7s

200

237
60

al5

2

3%

300

15

15

25

2874

50

14 74

147a

125

•

conv

35
8 7a

28%

3

*

147a

10
—-10

31

1.55

Apr
Jun

20%

Feb

974

Jun

35

July

87, May
a—

Aug

-27% May

137a

27«
26
•>

Jan
Jan

16

Jan

40

Jan

1074

Jan

a__

2% July
15

Aug

36%' Feb

July

1.25

Jun

3% Aug
15

,

Aug

317a

Jan

16%

Jan

11

Jan

8%

9 74

17%

17%

36

177a

Feb

18'%

18%

375

17 7s

Jan

a24

a24

5

24

July

277a

93

93

100

93

Aug

97 7a

Feb

11

11

60

11

May

12%

Jan

85c

35c

350

Feb

1.10

Jan

100

pfd

60c

Aug
16% Mar

Aug

974

pfd__20

pfd

40

May
'

18%

common—10

6,%

35

9

10

Ltd

,

100

—•

A

Ltd—
Co

Massey-Harris Co 6 74%
McColl-Frontenac Oil 4%
Distilleries

1,400

22 7a

'Aug
.

.16

100

1.45

8 %

Inc_-

Co

1.55

35%

1.35

.

'

10

preferred

44%

13%

LaSalle

1.25

3374

1.40
-

al5

Co

Lowney Co Ltd (Walter M)

101

50

com

preferred

Groceterias

65

Jan

5

Hydro-Electric Securities Corp
Inter-City Baking Co Ltd-—,,

Jan

102 %

Ltd

Paper1 Co Ltd

Insurance

23

Apr

Aircraft

Lakes

Halifax

1074 May
167a Jun

7,730

1.35

Aug
5274 Apr

5

28

3

20

a36

Farmer.Candy Shops Inc
Manufacturing Ltd

>37 7a

■■

a36

al53i al5%

20

Fairchild

39

40

5 >'

•

100

Fleet

Jun

25

Ltd

pfd

preferred

Fanny

Aug

375

Ltd

Mar

27

8

Mills

20

34% Mar

>

Products

Kootenay Pr 7%

Jan

Feb

14%

Mar

68

237a

Feb

a

30

5

Feb

a69

al.50

J

Donnacona Paper Co

Esmond
17

44

2

327a

a69

Dominion Oilcloth & Linoleum Ltd—*
Dominion Square Corp ——
p
Dominion Woollens & Worsteds
•

15

50

a56

Mills

'■ >.">•"••> ■"

22%

Jun

33

14%

a32% a32 7a

__

100

L)

Engineering

1574

107a May

8

a

Jan

Jan

55

a56

>

95

845

44%

Apr

287a

'

42

26%

(R

Jan

6

18%

Ltd

19%

1,425

>

1674

Aug

31% July

Jan

•

Paper Corp Ltd

>>■.."•"> 5

21

Jun

20

common—•
Can

Consolidated

a38

18 74

of

Consolidated

14% July
91% July

125

Ltd

Stand Sec

Crain

a50

57 7s

Alcohols

Jan

.15

Aug

297s

,

15

25

*

Jan

160

1074 Aug

38%

'

60

21

*

j.—

23

Aug

29

18%

25

157a

21

Jan

-

2

Co.

29

Jun

Jun

'—■mm

"

31%

15%

100

Bakeries

3

1

23

1.95

Co

A__

Consolidated

18%

'

class

Ltd

Commercial

3874

3874

4

Jun

100

Preferred

Consolidated

a50

—mm

Aug

18%

63

A

Jan

17%

18
1

■

2

640

*

class

Jan

587,

a38

'

Ltd

Aug

167a
>

1,214

187a

Cinzand

Dominion

125

12

100

2074

—1

12%

145

750

19

2

20

15%

common

_i_——

59%

19

175

15

Jan

31%

a

Limited

Jun

227a

10

18

Jan

103

pfd_100

Co__.

Lumber

Jun

,

85

145

4

Jun

21

1

Westinghouse

preferred

Cinzano

Power

Aug
1374 May

10

257a

red

Co

7
43

1,250

17%

,

22

Jun

7%

&

44

5

25

12%

Jan

29

1,841

145

May

71

2

Canadian Gen Investments Ltd.
.Canadian Industries common..,..
Canadian Ingersol Rand

197a

•>v"

2

321

6

Canadian

Prod

3,700

79

—*

Canadian

Feb

14

1674
al9% a 19 7a

A

Jan

3

78 %

2074

*

—

13% Mar

167a

Mar

25%

>:

Jan

2%

Dredge St Dock Co Ltd
»
Fairbanks-Morse Co Ltd—*

Vickers Ltd

8%

Jan

78%

0

—

Sugar

Canadian

5874

A

1

—

Canada

Jan

447a

cl

100

56%

a98

Ltd

common

Jun

1674
32%

27a Aug
1.15

'

1,833
3,447

18%

A—

Preferred

387a

4674

Jan

15

*

Packers

Marconi

92

102%

—*

a5%

278

British Columbia

Light

•92

•

—1

Jan

Feb

f

Canadian

18 Va

100
•

—

Development Ltd

Jan

5%

.

Aug

Canadian

16

*

—

Aug

Aug

Jan

8%

*

Products

4 ;/

2

Apr

5674

58%
common

150

40c

467a

92

5

II—1•

4 74

12%

500

31

•187a

100

Ltd

Mills

Aug

1474 May
8
Jun

447a

16

•

Weaving

Mines

4

18

July
9% Aug

500

437a July

,

18

5

Corp

4 74

High

15

40c

Canadian
Jan

327t

145

•

-

Steel

16

Jan

Jan

*

common.

2,215

27a

class

27

25%

'

National

27,

Jan

527a

1674

_•

common

17%

Jun

42

Breweries
preferred

10

2

Ltd

160

'

167a

,

.

National

400

9%

40c

Millen

555

87a

"—40
.

July

May

1027a

a98
^

187a

Telegraph
Tramways

15

10

*.

&

43 7a

5774

*

Locomotive

Jan

16

92

997a

-18

447a

*

Montreal

Low

15

*

B—*

class

Range Since January 1

High

Brewers St Distillers of Vancouver

200

32%

.

Ltd

-2874

,

Jan

100 V4

'

'

(Robt)
Breweries

Aug

50% May

10

OH

Co

Shares

Jan

28%

22 Va

—_L •
"—100

preferred

15%

Jan

10

4

—

Ltd

Brand

10878 July

175

1074

—

5

Bickle

■

13%

....

common

Corp

A)

Jan

Jan

315

••■V-

..100

Ltd

Products

for Week

Low

Bathurst Pr St Paper Co Ltd class B__•
Seagrave
1-

17

14'/a

257a

*

common

1

Jun

Feb

75

45

*

Woods

Fabrics

16

14

Corp.......--5

(John)

the

Auto

31

18 7a

•

preferred

Aug

par

.•

.

Sales

Range
of Prices

Jan

2%

v

.

9%

25

International Paper common
...15
International Petroleum Co Ltd—.
—•
International Power
•"%
Utilities

25%

;

97B

a98

International Bronze 6% pfd,
International Nickel 01 Canada-

Aug

1574

45

•

—

K

•

43%

Smelting._

Week's

Last

Anglo-Nfld Development Co Ltd—.
Atlas Steels Ltd

'297a

297a

.

i—

&

170

52

52

15%

*
,

Jan

85

395

1007a : 0 0

—

v.-

*

*

•

common

-

Aug

12

Jun

177a Aug

20

15

24

180

110

16

.50

Alabastine__

Paper

Friday

Sale Price
.

,137a Jun

26

103

— ...

Rubber—

income

—

Ltd

1,470

j

105

100

•

common

^Canadian Funds
STOCKS—

26'A Mar
22

1.00 Mar

13%
11%

710

20

100

Ltd

•

10

*

Ltd

International

134

27s

_

Aug
Apr

Jan

11%

145

al3

21

•

Bridge

Oil

274>
14%

28%

•

100

&

10

Feb

,

10% Feb
165

Montreal Curb Market

Feb

t

•

—

25

al3

•

—

common

170
14 74

14%

1

common

2,606

274

20

Corp

117a

170

'm- «»•

"

Power—
A

11%
14 74

.100
—

:

21% Mar

21

incomel927—

Textile

>i 16%.

16%

*

;

1
10

—

Imperial

Nova

j
1

Jan

27

'170

—

*

'

18% May
207a Jan,.

•

July

'

a95

19%

25

487,
145

Aug

•

22%. 22%

100

.

45% Jun
135

.1*

Jan

'

22

> »

Jan *

7»

Jan

5

Jun

Bay Mining

Penmans

77c

common

Commerce
,

Jan

99

May

"

Jan

4% preferred
Indust Acceptance

Placer

103 7a

4
17

_•

preferred

6%

Jan

27

-5

preferred

Ontario

Zellers

Feb

9

Imperial Tobacco of Canada
common_5

Oellv'e

Jan

50
177

*

-f

preferred

Jan

13

9%

——

Noranda

39

14%

Lime &

Niagara

Jan

22% Mar

31%

Smith

National

17

Jun

25

preferred

7%

100%

Jan

7.10 May

Jan

Jun

110

Feb

5%

50

Can

Ltd

57c I

19

245

Goodyear Tire

Hamilton

102% 102%

Jan

,94

Aug

5.90

Apr
Feb

17%

20%

common

Gooderham

57c

67

'

Power

Winnipeg Electric

>14% Jan

232.

>>■• 75
1,945

67

>6.55'\:6.75

11%

10% Mar
*16
Jan

.

5%

com

Kootenay Pr 7% pfd—.
»George) common

Wilsils

Jan

100
■>

'16/16%

Jan

217a

•

..

Montreal

250

21% Aug
23%
105

3,475

Bakeries

Molson

12

Jun

24

Steel

Mitchell

Feb

'18%

19%

Wares
preferred

57e

July

100

36%

preferred

Mailman

19

6

22

•

preferred

Lindsay

25

105

14%

:■

preferred

St

3,404

2074

20

.

Lang

21%

36

Co

Gypsum

Biscuit

Waikei

a

12

pfd—20

Famous Players Canada
Corp__.
Co of Canada

Lewis

Viau

207,

10%

—25

Wabasso Cotton

al05

.

>

•

Foundation

of

Jan
Feb

West

21%

,>*10%

95

207<

Weston

:

•*98

Corp

Aug

18%

Electrolux

General

Power

of

Canada

10

*

'Eddy Paper Co class

Gatlneau

of

Steel

Jan

100

,dun

102%

99

common

30

19%

Kootenay

Gair Co

1st preferred

Sons

Apr

•

preferred
Dryden Paper

7%

26%

United

Feb

1

10

"

Jun

8'/a

Jan

a96

67

common—_*

preferred

14%

77c

Lake

'27

36%

Dominion

Labatt

336

Co

7 %

16% May

•

preferred

Hudson

230

Steel

,37'/a

Goodyear Tire & Rubber—

Imperial

Jan

Aug
21% Jun

60

'22".

Standard Chemical common

Jan

33

13

290

10

17

May

•

Dominion

$2.00

Jun
:

Jun

*

preferred

Southern Canada

Jun

-.

Howard

25%

28%

97a

Jan

Jun

—1•

^preferred
Dominion Steel & Coal class

4%

14

27

•

3%

12

Bridge

7%

5%

450

Jun

Seagrams

Dominion

General

13

2874
—

•

class

Foundries

5%

35

Mills

4 % '/o
preferred
Soutbam Press Co

Jan

*

Coal

5 7a%

35

15

45 y2

Aug

33

Mining St Smelting

Dominion

Fraser

74

30%

2

Jan

3
27

690

Simpsons Ltd class B_

142

Investment

Dominion

East

25%

'

"

Glass

Dominion

'

24% Apr
2% Aug
24% Feb

v

4 7c

St

Apr

54

/

1

Williams

(H)

Jan

16%

--^-1

Water St

A

42%

Jun

49

Breweries

Simon

Jan

464

Locomotive

Distillers

47c

24%

14

———

Consumers

20% Aug
>

36

—

Foreign

Consolidated

Feb

13%

Canadian Pacific
Railway
Cockshutt Plow

?

350

156

2%

17% May
22

3,625

27

25

B

Canadian

Series

Sherwin

357a

Canadian Ind Alcohol class A
Class

Shawlnigan

42% Aug
10 % Aug

Jan
Mar

8

'Jan

Jun

12%

„

7

100

preferred

14

common—

Converters

'

23

Jun

.

-*

—

High

34%

285

51%

10%

^100

—

Lawrence Paper
2nd

36

Series

Canadian

%

Bt

Jan

*

Celanese common

Canadian

8t

—50

preferred
Canadian Car & Foundry common
■.
Class A
Canadian

25

27a

•

5%

•

25

274

267a

25%

preferred

preferred
Lawrence Flour

Jan

38%

3,704
1,490

27

-*

—

common

Canadian

:

20%

——5

preferred

Canadian

;

20
24 7«

20
Power

26%
12%

"

Ltd

4%

Low

450

14 % >14%
a90

:•

preferred

SjcKs

*

common

Canada

Jun

110

•

Paper

Range Since January 1

High
39

54

*
7..

Lawrence Corp common—;
1st

Mar

17

2474

A

76

185

20%

Products

Jun

21

10%

—

Transport

Saguenay Power 4%% pfd
St

Jan

62

11% May

42%

A—*

6%

Jun

125

,'<■2%

cl

5%

150

107a

---*

Canada Cement

i 6%

Corp

B

,-Building
Bulolo

Power

Jan

12

42%

25

Columbia

Jan

47

19%

•

Preferred

26%

23%

-•

British Columbia Forest Products
British

•

107a

common

<

10

42'/a

j

British, American Oil

Jan

'Aug

12

•

I25

Telephone

Jan

common—

Shares

38%

—100

Royalite Oil Ltd

Jan

61%

Ltd

Power

Holland

Jan

56

19

100

©uebec

Jan

Co

•

2nd

-5%

'

Bralorne

102%

&

39

14%

preferred

Provincial

Jan

Jun

26

■

iBathurut

20'A

99% July
May

60

Jun

43

■6%

H)

40%

'16

-50

23%
(J

99'/a

39

17 %

Bros

4%

High

9% May

I25

Corp
Hardware

18%

50'/a

100

Ashdown

3.038
•r 1,250

39

527a

common

preferred

14 7a

99%

•

Aluminium Ltd
Aluminum Co of Canada 4% pfd—
Anglo Can Tel Co 4'/a% P*d

LOW

for Week

Low

,

>

Co

Corp of Canada

Price

Range Since January 1

18»/2

183A

River

Power

High

14

100

<pfd—

Algoma Steel

Argus Corp

Shares

14'A

120

Sugar

for Week

Low

common—

$1.50 preferred

.

Powell

of Pricea

Par

AbltibI

Sales

Sales

Range
of Prices

-

Par

Week'®

Sato Frio*

"Week's

Last
Sale Priee

11

205

8

50c

May

187a July
18% Aug
Jan

Volume

Number 4331

170

THE

COMMERCIAL

&

CANADIAN
RANGE

1

Friday

STOCKS*
t'

*

Week's

Last

-

Par
Minnesota

&

Ontario

Newioundland

Scotia

Nova

Lt

Lt

Paper

Co

10

Pr

common

al6Va

*

Pr Co

&

&

14%
18%

WEEK

ENDED

Shares

14%

(723)

MARKETS

AUGUST

19

Toronto Stock

lor Week

Low

5

LISTED

FOR

CHRONICLE

Sales

Range
of Prices

Sale Price

'

FINANCIAL

Range Since January 1

High

Low

14%

1,147

al6'/8 al6%

12%

High ;

Jun

22 %

15% May

16

18%

18%

117

*

5%

5%

300

4

15

15

100

15

alio

alll

15

104

22

20

22

162

•

16% Aug

Jun

—

\

Jun

—*

16%

Canadian

Jan

Apr : ';1;

20%
i

Mar
Jan

Sales

Week's

Last

Jan

20%

stocks-

Exchange
Fonda

Friday

for Week

Range.

Sale Price

ef Prices

Shares

Range Since January 1

■'

Crush

Orange
Paul

Service

Ltd

—__

Stores

.

'

Ltd.n

'

Power Corp of Canada 6%

l:t pfd—100
red pfd„100

Quebec Pulp & Paper 7?e

111% Mar

Apr

12%

Feb

Jun

24

Par
Abltlbl

Power

$1.50

&

Paper

Acadia-Atlantic class A

Russell

(Can) Ltd

Industries

Sangamo

Co

boutnern

5%

red

pfd—20

Ltd

Canada

17%

100

is

*

Pr

17%

17%

16

25

10

.10

50

all0%all0%

15

*

Ltd
6%

pid

10

100

__

16%

Apr

18

Jun

18%

Jan

9% Aug

10'A

10b

Jun

Jan

113

'

Apr

Acme

Invest

Co

Paving &

Trans-Television
Union

Gas

United

of

Ltd

B

Ltd

—

43c

A

United

Inv

A

Products

preferred—50

Grain

Ltd

Anacon

Arno

11

July

980

9

Jan

14% Aug

27

37

27

Aug

29

Jan

2?

22

25

19 *,

July

■A.-' 22

Aug

a51% a51%

__

5

49

July

51

Jan

155

12

Jun

21

25c

65c

July

May

Co

Ltd

a40

a40

5

a70c

a70c

2

12%

12%

61

__

"

___!

__

*

15

12%

35%

40

Feb
Feb

1.00

May

1.50 Mar

16

12% May

Jan

Stocks—

Gas

Mines

•

24c

__

Band-Ore Gold Mines Ltd

25c

7,500

17%c Jun

65c

Jan

2%c

2%c

1,500

2%c Mar

3c

Mining

Beatrice. Red

Bob's

Lake

;_1

Corp Ltd

Lake

Gold

Gold

6c

6c

34c

35c

4,500

4c

4c

4%c
7c

__

Gold

Mines

«

Mines

!

Ltd_

Mines Ltd

Chestervllle
Colomac

1

Ltd

Anacon

Beftttic Mines

Explorations

Mining

Duvay

Gcfld

Gold

of

Mines

Co

Mines

Ei

1,000

.

Fontana

40 %

40

41

519

51

53

815

40%

1

22c

20'Ac

13c

23'Ac

pfd

25

Mines

Yellowknife

4%c May

Gold

Mines

Ltd

Gold

•

4c

4%C

7,000

3c

May

1

13c

10c

14c

21,000

5c

Jun

5%

6%

2,315

5'A

Jun

21c

22c

4,700

8c

Jan

30c

8c

Jan

44%c

Porcupine

Corp

•

common

Feb

9c

Arjon Gold

6%

Armistice

Jan

Athona

6c

8,500

4c

July

7c

1,000

5c

Mar

35c

Feb

Atlas

8c

22,525

5c

Jun

39c

Jan

Atlas

5%c

1,000

5c

May

7c

Mar

500

1

..

1

,

Hardware

class

A___

Mines

4%C

14c

13c

16c

Mines

2.25 May

2.75 Feb

Oil

70c

Ltd

Aubelle

Aumaque

Gold

10c

May

18c

Jan

16c

Jun

25c

2,500

'6c

Jun

16 %c

Jan

10

1.85 May

2.68

Apr

Jun

46'/a c Aug

17c

•

8c

8c

2.52

2.59

300

2.30

2.40

5,000

42c46%c

4,500

35c

May

10,900

42c

Jun

.

66c
21c

70c

78c

Jan

21c

14,000

19c

Aug

3c

3c

1,000

if 3c

Mar

4c

Fabric

class

*

A_

4%

1

Bankfield

Consolidated

__

4%c

8,000

4c

July

10c

Mar

5c

500

3c

Jun

__

10%

10%

297

14%c

15c

5,000

25%c25%c

10%

_

49 %c
al8

500

Base

Metals

Beatty

3L
13%

__

__

„

__

_

3.10
__

__

__

go

1

1

9%C Feb

8.75 May

9%c
23c

12 ya

Bobjo

Klrkland

of

V'■■■ X1'1

Gold

-1

Boycon

'''

'■

'

f&V-v

53c

3,500

26c

Jun

55c

Aug

al8

75

14%

Feb

18

Aug

Brand

4.00

300

Jun

2.85

6.25 Jan

Ltd

__

11,300

20c

Jun

13%

13%

42%

42%

26c

28c

125

12

-

1.06 May

65c

Jan

14% May

July

387A

Feb

42%

18c

3,654

,

Ltd

May

33c

Aug

38'Ac

36c 38'Ac

10'Ac

10'Ac 10'Ac

&

Millen

class

Cordage

A

.

Mines

Preferred

35c

45c

■»

9

9

25

26%

26%

20

20

25

59c

Jun

25

25%

6,000

8c

May

70r

Jan

39c

47c

13,300

3.05

3.15

3,70o

2.75

Jan

3.15 Aug

2.75

2.90

200

2.12

Jan

a64

a64

25

11

11

100

May

a85c

10o

2.40

2.40

1,000

8%c

51

Jan

64

72c
2.30

Aug

12%

8.50 Jun

Jan

84c

Apr

American

Preferred
Columbia

4%%

Electric

pfd
i

Columbia Forest

British

Columbia

Packers

Columbia

Power class

Dominion

Broulan

Bruck

Mines

7c

Jun

14c

Feb

1,000

18c

Jun

31c

Mar

61c

10o

51c

Jun

75c

Feb

<3.70

Jan

3.90

100

4.05

Jun

2.28

2.28

500

1.85

Jun

2.28

Aug

3.55

3.55

100

3.15

Jun

l,50o

4c

Jun

9c

Jan

23c

23c

1,500

17c

Jun

67c

Jan

3c

4c

7,200

2c

July

8c

4c

4c

2,OOo

3c

May

7c

Feb

16

16

700

Jun

16%

Jan

14c

Jan

__

2.44'
__

31c

__

47c
__

5%c

6c

1,500

2.39

2.54

1,500

8.50

8.50

14.700

30c

34c

7,700

52c

52c

500

47c

47c

l,00o

1.60

1.75

1,600
100

1

43%c

42c

44c

11,000

1

2.02

2.08

2.08

3,10a

__

__

5.15

5.15

700

3c

3c

11,000

9.10

Class

B

-•

6c

3.50

*
;

1

4%c

9.15

6c

725

18,000

*

Gaspe Oil Ventures Ltd

1

1.26

Home

*

10 %c

Co

Ltd

•

3.40

3.50

5.25

5.35

300

30c

__

'

Decalta Oils Ltd

Ltd

:

Petroleums

see

Ltd

page




42.

20%

4,222

4'Ac

38,000

24

1.25

Aug

8'A

26%

Feb

25

Jan

9% July

Feb

Aug

24%

25

17%

20%

J"n

Aug

7%c Mar

Jun

3c

'

24 y2

Jan

695

22

Mar

25'A

465

24

Jun

87%

87'A

20

86

July

99

99%

60

92

May

101%

Jan

2%

2%

3,485

Aug

3

Jan

-

2%

-

2%

25%

Jan

90 %

-

Jan

13

Jan

Mar

26'A

Jan

5,900

18c

May

37c

Feb

11,900

30c

Jun

39c

Aug

17

Jan

11%

11%

155

10

26%

26%

145

25

22c

22c

24c

39C

38c

•
•

Jun

i

*

15%

15

39c
15%

i

*

4%

4%

4%

100

17 c

20c

16,300

2.16

2.33

4,415

11 %c 12'Ac

13,000

8c

Jun

7,408

5c

19c
2.33

__

Canadian
Red

12'Ac

Lake

1

Building Products
Burlington Steel

—_____*

Burns <fc Co

*

140

7c

7c

8c

31

class B_:

11%

5%c Jun
1.25 May
7.80

20c

25c

41c

2.65

Jan

Aug

8.50 Aug

42c

May
Mar

53c

:Jun

53c

1.30 May

1.90

2.90 Jun

Jan

Aug
Jan
Jan

3.45 Aug
1.34
•

73c

May
Jan

May

1.28

Jan

1.25 May

2.08

Aug

5.15 Aug

2c

6.90

3c

Jun
Jun
Feb

6.10
4

%c

15

10c

Jan

Jan

Calder

14% July

4-%

10c
1.60

5%

Aug

24c

Jun

3.05

Jun

Jan

Jan
Jan

20c

Feb

May

9%c

Jan

31

25

13

13 %

225

2,500

27

Mav

33

Jan

>

12% July

14%

Jan

12 %

17%

Feb

Jun

*

15

15

15

*

7%

7%

7%

250

6%

Jun

1

13c

10c

14c

12,200

5%c

Jun

5.40

5.20

5.50

2,300

3.75

7%c

7%c

8c

9,000

4'Ac

30c

30c

4,000

1.300

2.90
3.85
30c

Jun
Jun

5.30
6.60

class

31c

13,500

3.25

A

Bousquet

3.00

3.30

1,730

20%

Edmonton.

Calgary &
Callinan

Flin

Flon

Calmont Oils

Campbell Red Lake—.
4'A %

Canada

Bread

Canada

Cement

Preferred

Canada Foils Ltd

Canada

Canada

Canada S3 Lines

:

Cable

&

Canadian
Class

Feb

A

Canners

Car

*

__

50

5

5

50

10

10%

115

32

32%

550

15%

15%

395

191% 191%

20

-

32%

101%

36

•

251

12

36

212

33%

81

10

14%

10

24

23%

24

1,690

21%

21%

21%

2,735

•

17%

17

17%

510

23

20

22'A

Feb

Aug

6'A Mar

;

18% Aug
33%

Jan

16'A

Apr

192 % May

Jun

14%

Jun

37% Mar

May
Feb

83

Jan
May

24% May

19

Jun

21% Aug

13%

Jun

18

Jan

23

23

140

23

Aug

25

Mar

17

100

13%

Jun

18

July

9'A

12

12

100

14%

14%

14%

170

22

21%

22

37

37

37

*

common

79

Jan

30

17

"

—

Jun

14% July
187'A Mar

36

14

•

common—

29

Jun

Feb

26'A

10

4% July
8%

81

14%.

•

•

Jun

14%

Jan

13

Jun

17

Jan

19

Jim

22%

35

May
Canadian

14c

1,000

10c

Jun

32c

1.26

1.38

2,05o

89 %c

Feb

2.00 May

10c 10%C

2,739

8.50

Jun

13%

12c

2,000

8c

Jun

14c

Jau

2.50

1,100

13%c

14c

3,000

Celanese common

Preferred
New

—

•
25

21

25

preferred

21

610

Jan

Jun

39

May

70

20% May

22

Mar

18'A

28%

100

Jan

ll%c
2.43

1__1

A

preferred

Jan

43c

14c

__

class

—

preferred

Jan

Aug

Aug

20

Canadian Breweries

1st

10

•

common

Feb

Jan

290

100

Canadian Bank of Commerce

Canadian

10

Jan

87%

Jun

10

Jan

3.75 Mar

Aug

27

•

Mortgage

Preferred

Wire

20'A

225

—*

;.

Permanent

Canada

460

*

Power

54c

July

86%
25 3A
28%

Jan

Aug

9%c Aug

Jan

28

—;*

—

Packers class A

Class B
Canada

84

6.60

Jun

Jun

*

—

Northern

75

2.70

8'A
14c

Jun

20%

100
•

:

Machinery

Canadian

84

30c

20

preferred

common
j.

2.10

Feb

10%c Jun

3.00
22c

Canadian

Food

Jan

Class

Jan

Preferred

A

Products

common

Jun

Jan

21

21

60

•

5%

5%

160

4 %

Jun

8%

Jan

*

9%

10

175

8%

Jun

13'A

Jan

100

65%

65'A

50

Aug

77

Feb

-*

Dredge

Canadian
Ltd

10% Aug

8.25 Mar

35c

i

A

___-

Buffalo

Conv

Ltd

200

Jan

__

_

Ltd

Apr

3.55 Aug

3.30 May

23c

1

Anglo-Canadian Oil Co Ltd
& Edmonton Corp

45c

;

Buffalo Ankerite

Oil Stocks-

Calgary

Feb

Jan

1

1

Ltd

Jan

26c

•

A

A

Buffadison Gold

,

6c

*

Ltd—

5%c

1

class

2.667

5c

1

Ltd

class

Oil

Porcupine

Mills

9c

6c

1

.__

July

Jun

Jan

24c

42c

Mines

-

3'Ac

100

Products—*

British

24c

Jun

Ltd

4'Ac

100

preferred

British

2.45 Aug

Feb

3.90

•

„

Aug

19c

May

2c

2.90 Aug

19c

4,600

1

Asbestos Corp Ltd
Upper Canada Mines Ltd—

23c

May

8c
V-/':--

45c Jan

1.95

1

United

26 'A

16c

3.70 Aug

__

Ltd—

1,285

*

common

14%c

Jun

16

Ltd

3,000

-

Jan

May

11c

5,000
1,000

Feb

16c

25c

3%c May'

10'Ac Mar

14,617

Jan

Jun

*

Ltd

17c

17c

91c

Jun

Ltd__l

Ltd—____

8,300

15,600

23c

2.000

1.45

1

Mines

16c

2%c

60c

1

Co

6c

15c

2'Ac

60c

1.72

__

3,500
•

5'Ac

14'Ac

24'A

1.72

2.28

V'**

5'Ac J

20%

Aug

footnotes

35c

Oil common——TT»

8c

For

33'Ac

British

74c

Brazeau

Jun

Brazilian Traction Light & Pwr com—*
Brewis Red Lake
1

16,800

South

Jan

84c

Jan

17,500

Petroleums

35'A

6%c

1.22

Pacific

25

3,800

Apr

800

50c

(1944)

Oils

37

92c

Jun

3.45

Co

37% Mar

37
86c

3c

8c 10%c

Oil

Jan

Apr

4,000

1.02

Pacalta

Jan

36%

3%c

3.45

New

Jan

34'A July

3%c

1.16

Oils

Feb

27c

Jun

350

10c

3.45

Calmont

14c

35%

15% Aug

io%c

Mines

29,000

Feb

35%

Jan

1

Westviile

25c

5'A

July

35%

Jan

300

1

Gold

Mines

Amulet

4

lie

6%c

l

Waite

50

10

26%

11%

1.90

1

Mines Ltd

Malartic

4%

4.00 Aug

Jun

Jun

865

Ltd

Vinray

5% July

3.00

Jun

3,000

Trebor Mines Ltd

Ventures

Feb

50

25

8c

2.50

1

Gold

38c

1,300

4%c

15 %

2.50

__

1

(Quebec). Ltd

Mines

May

3,200

6%

480

8c

1.80

Gold

Hughes

10c.

18c

3.95

2,000

15

2.50

Mines

Torbrit

Jan

_•

Bralorne Mines

al8

2.50

Siscoe

Teck

11'Ac

-1

49 %c

1.85

Sigma

Cons

Jun

4%c Mar

•

1

Sullivan

6c

0

;

Boymar

Juii

2.50

C__—

Ltd

Mines

1,500

1

Pershing

2%c

61c

Sherritt-Gordon Mines Ltd

Stadacona

Feb

7%c

~

Bordulac

eic

Ltd—

B

Develop

Ycllowknife

Sladen-Malartic

Jan

15c

23c

Apr
Jan

1

Ltd

Co

Mines

Jan

12%

Jun

33'Ac

Jan

1

Ltd

Mines

Mines

Mines

94c

8c

89c

Mines

23c

•

Corp Ltd

Quemont Mining Corp Ltd—
Santiago

May

93/ji Aug

5,000

7c

-_1

Bldgood

52c

Feb

July •"

1

Quebec Manganese Mines Ltd

Quebec

50c

i,ooo
3,510

26%

24%c July

2,000

a85c
__

1

.

1

Ltd

Labrador

Apr

26

-

•

Bros

Burrard

Quebec

18c

6'Ac

7c

*

Mlnlng.

3%c

3%c

4.00

*

Ltd

Mines

Mining

May

__

1

Jan

4c
5c

21c

1

Pato Cons Gold Dredging

Gold

9c

4%

1

Auto

Buffalo

Pitt

Jan

Jan

12,000

42%

5

Ltd

Ltd

Ltd

Gold

Jan

13'A
»VaC

3.45 Jan

1

Mines

Gold

Jan

May

11c

10

1.65

1

Ltd

Goldvue

Crow

6%

Feb

__

1

Alger Mines Ltd

Pioneer

Aug

Jun

20c

1,500

1
Mines

Mines

New

Pickle

Jan

15c

3c

16c

1,000

.

•

1

Dredging Ltd

Mines

7%c

10% May

1,365

11,500

•

6%

17c

1

Ltd

Canada

Mining

Aug

3.75

16c

1

Ltd..;

Gold

New

Gold

Aug

7c

70c

Mines

British

O'Brien

70c

10%

9%

11c

Apr

2.40

1

Ltd

Fields

Mclntyre-Porcupine

Normetal

Jan

Feb

2'Ac July

22 %c

11c

10

Yellowknife

British

Norseman

Jan

7c

Steels

7%c

8c

1

Mines Ltd

Mines

10%

9%e May

3%c Mar

16c

1

Ltd

Mines

Goldfields

New Jason

5.30

8.65 Mar

•

7,600

12

4c

I

(1937)

11%

4c

1,000

Long Lac Gold Mines Ltd——*

Mines

Jun

2.85

10,325

12c 13'Ac

12

I

4%c

17c

5

Ltd

Lake

%

10

Gold & Oil

—

Cons

Jan

Apex Consol Resources

4%c

Co___l

Ltd__

(1945)

Negus

68c

62,150

Jan

Explor Co Ltd___l

Mines

Nechi

Jun

230,900

16c

—1

Mines

Mining &

of

16c

70c

Brantford

Corp

Jan

13,600

6%c

5%c.Jun

1

Mining

Ltd—

Mines

Mining

20c

46c

6.500

1

Mines Ltd

Kerr-Addison

Red

Jun

'

Jonet-Quebec

Malartic, Gold

9c

4'/aC

5c

fy

Madsen

17,600

6c

9c

_l

Ltd

Mines

Macdonald

Aug

13c 14'Ac

57c

8c

1

Uranium

Louvicourt

25c

1

10

Ltd

Gold

Little

26'A July

May

1

Aug

66c

Goki

May

12c

Ansley Gold

4%c Aug

1

Hudson-Rand

Lingside

25 'A

220

67c

1

Shore

115

9,042

9.50

Jun

1

Ltd

International

Lake

26

9.25

4%c Aug

Ltd

Rowan

Jan

Jan

9.50

43c

Mines

Lake

56

Jun

•

2,500

•

Ltd

Apr

61 y3

May

Anglo-Huronian
Anglo Rouyn Mines

8,000

1

Labrador

Feb

Jan

85c

25c

65c

1

Lake

Jun
Jun

3.55

4%c-

..

Goldora

Jack

7%
55c

23c

25%

4%c

46%c

Cons

8c

9'A

Aug

35

52%

9c'

Formaque Gold Mines Ltd

Hollinger

5c

200

3,300

62c

_1

Mines

1,000

9

4%c

Ltd

Mines

5c

77c

3.30

Jan

2.40' 2.40
-

Mines

Pen-Rey

Jan

23'Ac

4c

Ltd——________1

Ltd

Gold

103

3.45

500

65c

1

Ltd

Mines

Mines

Eldona

Jun

9

•

Elder

99

Jan

•

5%c

__

Ltd__l

Ltd

Mines

Sullivan

15

1

Canada

Larder

Lead

Asniey

7 j/2c

Ltd_——2

East Malart'c Mines Ltd.
East

100

74c

«

Dulama

100

77c

•

Canadian

-Jan

__

Yellowknife*Mines Ltd—____l

Cournor

Jan

Oil

Anglo

65c

1

Central' Cadillac

Consol
Cortez

Jan

25

•

Co.

American

7c

5%c

I
.•

Mines

Consolidated

20 y4

Jun

9

«

Amalgamated

Jun

-

Mining Corp Ltd_——1

;

Jun

19%

5c

*

Ltd

Aluminum

20 %c

__

Ltd__l

Candego Gold Mines
Century

16

315

*

!■

Steel

Atlantic
Bouzan

Oil—

l

Ashdown
Metals

785

22 Ys

Feb

24c

Mines Ltd

Base

&

Yellowknue

Aluminium

Argus

Lead

18%

22

17

Feb

13

13

Ltd;

Western

Hotel

18%

—

9% May

Mar

46c

Jan

2,700

__

.100

Westeel

Mining

1,708

Aquarius

class

Securities Ltd

Windsor

Jan

8

30c

»

„

Fuel

41c

14%

13%

__

United

85

30c

•

14%

*

1,376

11

27

•

*

43c

11

•

Ltd—:

class

43c

"

_

Canada

Corporations

Class

•

Materials

18%

High

14%

•

100

Agnew-Surpass
Akaucho

Algoma
Southmont
Standard

14

Jan

15

Low

High

14%

2o

preferred

Preferred
Reitmans

Loto

•

common

21

65

39

4!)

(724)

THE

COMMERCIAL

&

RANGE

Friday
STOCKS—

General

Indus Atco

Canadian

Class

Electric

"A"

Low

—50

9%

voting--,—*

B

•

Canadian

Locomotive

—

4%

Oils

Cos

common

j

preferred

Canadian

Canooe

Corp

Central

Leduc

Central

Patricia

Mines

11%

Jan

Goldora

36%

Jan

Goodfish

Jun

79c

Jan

Goodyear Tire

15%

Jan
Aug

85

Mar

J"n

17%

Jan

27

27

25

22

85

98%

Aug

1.22

600

1.50

1.70

3,400

75c

80c

2,800

28% May

Jan

99/2

1 70
—

91c

85c

91c

1.14

Great

A

Guayana

Feb

102

Jun

1.50

Gulf

Jan

Gwillim

Lead

Jan

Gypsum

May

65c

Apr

1.65

1.45

Jan

Halcrow

Central

Porcupine

Chatco

Steel

1

—

common

21c 26V2C

25'Ac

*

8%

——50c

Cheskirk Mines
Chesterville
Chimo

61c

6c

6c

1

2.43

2.31

-—

Gold

1

6%

c

19,564

2,000

10c

15c
1.45

400

1.25

July

2%c

3c

7,500

2%c

Jun

1

2.95

2.73

2.98

12,680

2.00

Jan

—

—

Willans

Rock

Harding

Jan
Feb

Ccckshutt

Plow

•

1

Collingwood
Cuiomac

12%

Terminal

preferred-

8

8

4 Vac

5c

Jan

1.75 Mar
5%c

Jan

National

Coniagas

6

5

1.40

1.40

1.40

600

•

1.12

1.05

1.12

7,000

1

13c

13c

14c

17,300

Mines

Coniaurum

Mines

Consolidated Astoria

Consolidated

Bakeries

Consolidated

Beattie

Consolidated

Duquesne

6(6

•

Mines

Gold

1

CoiiftOiidated Homestead Oil

Gold

Hedley

;

3,000

45c

May

80c

1,400

31c

Aug

y; 65c

Jan

22c

2,300

16c

Jun

25c

Jan

8c

4,500

9'%

10

20 %c

26c

26,975

14

16

Jan

7%C

F.b

10% May

Jun

15c

Mar

26c

Aug

12

Jan

10

10

700

9%

7c

500

6c

July

10c

Feb

6%c

6%c

2,000

5c

July

10c

Jan

50c 57 %c

56c

22,483

-,35c

Jun

83c

Jan

8%c

8 %c

1,000

6c

Jun

9c

Jan

24c

25c

4,500

21c

Jun

•59c

Feb

10c

11c

13,800

6c

May

55c

55c

3,000

50c

July

65c

Jan

10c 10%c

■

—

56,500

6c

Mar

11c

Aug

.

„

..

-

Jun

Mines.

10 %c
1

9

Feb

Jun

6%

Jan

1.60

Jun

1.15

July

July

Jun

5

10%

10%

10%

'3,322

1

6c

5%c

6c

22,000

1

17c

15 %c

18c

41,000

29'%

Yellowknife

Hosco

Gold

Howard

Vines

Smith

•

Paper common

«

70c

3,963

42c

Apr

65c

Jun

7,200

5%c Jun

12c

Jan

8.75 May

12%

Jun

11 %c

Feb

32c

Feb

4c

13 %c July

60c

7c

9%c

12c

7%

99

5c

6.699

98 %

1,130
22

Conwest
Exploration
Corrugated Paper Box preferred
Cournor Mining

99

151

•

1.15

1.10

1.17

Aug

17%c

•

100

23

Mar

30

Apr

35c

6,250

27c

Jun

38c

Apr

24c

1,000

23%c

Jun

39c

Jan

45

45

33 %c

1

29%

32c

6

Jan

152%

Jan

Bay Mining & Smelting

46%

2,145

38%

Jun

57

Hugh

Malartic
Hunts class A

2c

Jun

&

1

Erie

3c

3%c

4,000

8%

6%

3%

337

100

common

3%c

_♦

115

114

115

73

110

Jan

6c

Aug

117

Jan

30

Aug

14%

Jun

Jan

8

6% Mar

Jan

Feb

123

July

100

23

15c

15c

81

Jun

148% Mar

6,400

100

100

Imperial
Imperial

Bank

10

76c

1,050

1.45

Jun

100

29%

29%

125

27%

Feb

*

18%

17%

18%

6.813

16%

Feo

14

13%

14

1,130

13% Mar

5c

5c

1,400

22%

22%

22%

270

L_

7%

7%

25

35 %C

42c

9,900

—25

16

16

50

1

20c

21c

2.500

22

22

25

53

99% Mar

101 %

Oil

Jan
Indian

Aug

100

Jun

18%c Jan

Aug

Lake

_____

1

_

Croinor

Pershing

Crow's

Nest

—

1

Coal

54c

100

!

DAragon Mines

10c

55c

1,600

51

51%

205

45% Mar

52

9c

9c

1,000

5%c Jun

15c

2,100

16c

43c

Jan

21%

21%

30

7%

7'/a

50

*

Inspiration Mining

Jan

18c 18 %c

*

—

Feb

40c

65c

May

Intirntaional

42c

Bronze

International
Davies

Petroleum

*
—

Davis

Leather

Class

class

A—_—
*

Decalta

Oils

Delnite

Red

Dexter

Ltd

14%c
1

-

Lake

Red

7%

Jun

,,

7

9%

July

Metals

Feb

23

20% Aug

Coal

International

;

Lake

-

1 23,500

15c

L65

1.65
7c

10c

4,500

35c

Distillers Seagrams
Dome Mines Ltd

29c

31c

19%

18%

T9%

2,500

27c

27,200

35c 36 %c

30c

•

-

20c

...

»1.76 Aug
15c
Jan

Dairies

Dominion

Foundry

7%

7%

30

23%

23%

24

150

class

1

1

•

10%

—

Mines

East

25

20

20

145
100

20

10% Jun
11% May

11%

11%

11%

11%

75

!

13%

Jan

35c

May!-'

65 %c

Feb

14,000

15c

Jun

25c

Feb

7c

,~

92,300

5c

Jun

17c

7c

Jun

12c

Mar

6c

3.700
2,000

5c

July

2,500

19c

21c 22 %c

1

2.60

2.50

Sullivan

1

2.36

2.30

Mines

-

20,600

Steel

*

Mtnes

5

Gold

66c

3.45

Feb

1,075

4% Aug

7%

Jan

5%

41c

48c

54,225

30c

Jun

48c

Aug'

65c

V

71c

57,700

41c

Jun

77c

Jan

19 %c

19 %c

22c

20,731

—

7%c

8c

1,000

19%

1

-

V-'. *

•

v

Empire Brass "Class A 2--_
Equitable Life Insurance
Eureka

25

Corp

1

Falconbridge

Nickel

Players
Fanny Farmer Candy Shops
Grain

Fibre

Flash

Fleet

Ford

*

Motor

class

Co

12c

10% May

11% Mar

27c

60c

May

Jan

1,490

3.10

Jun

555

13 %

Jun

16

Jan

36

330

30% Aug

37

Jan

6

106

106

5c

5c

950

5

5,500

4c

4.50

May

98% July
•

May

Jan

7%

,

Jan

116

„

;>?

7c

Jan
•

Jan

9

100

8V2

Jun

10

Jan

7%

100

7%

Feb

8

Apr

7%

2%

2V2

15

15

*

A

•

■„

--

,

/

23 %

1.35

Exploration

_.

.

•

1.40

200

1,116

28

%

28

25

—

*

—

25
25

22%. 23%

*

;

50

S"/-

9c

9c

4,000

2.25

2.17

2.30

3,125

Feb

c____

Lake

23c 24 %C

13,400

-,54c

37,666

26c

9%C '

4%c
7c

July

9%c

10c

31

31%

1

'8c

4.00

;v

1

1.55

2,455

5c

6,000

79c

Jun

55c

Aug

Jun

14c

14'/4

1.19

84c

5,600

65c

5c

11,500

3 %c

12,450

30c

Jan

5%c Aug

Aug

43c

Jan

Aug

6.50

May

4c

Jan

22c
*-

Jun

44c

Aug

1.67

Jun

5c

Feb

18%

•;

May

48c

Jun

83 %c

*

i

13c":
'

2.85 May

2%c

Jan

Aug

10c

Jan
Jun

lie

Jan

23c

31%

Feb

3c

18,300

5c

■%-"

Jun

5%c Mar
;>

27,530

22c
4.00

Aug

27C

26

1.000

3.75:

Jan

8c

15%cMar

6,500

13c '

1.55
?

19c

9c

5,770

5c

1.41

4%c

-__1

Rowan

8c

18%-

4VaC

17%

-18%

1

July

4 %c Mar

75

—1

Jan

1.45

5»/2C May
64c

r

Jan

1

Shore
Wasa

Mining

3c

8c

15%

15

15%

2,840

10%

Jan

15%

Aug

—1

47c

42c

47c

3,500

34c

Jan

53c

Aug

Mines

Lake

8c

1

Lake

»

Mines

_____

___

—

_

_

2.52

2.85

5,925

6.65

6.90

2,294

5.80 Mai-

17%

18

130

16'% Mar

7%c

7%c

2,000

5%c Mar

2%c

3'/ac

7,000

2%c July

15%

15 V*

15%

500

10%

*

Mines

Secord

4c

1

Mines
"U"

__

_

3

—

12c

Jan

2%C

_

4.---..___1

Lapa Cadillac

6c

6.90

2.80

«
_

3,500

17%

_.

*

Lamaque
Gold
Lang & Sons

Laura

24c

10c

Gold

Lapaska

July

3%c May

'

41,700
7,6ao

Mines

Larder

8c

5,080

6c

Lingman

Luz

Jan

3,300

—

—

Fortune

Jan

52c

3,700

1

Dufault

13

8c

1

Lake

Jun

Jun

7c

46c

Gate

Lake

7

22c

18c

1

Gold

36

7c

,

Jan

Jun

29

16c

Jan

20% Mar

,

3,75

—

Gold

Frobisher

Jun

14%

7'%

——*'

___

Manufacturing

Francoeur

_

7%

-—

i Foundation

Jun

19%

Jan

2.00

1,500

5c

3c

2.85 Aug

Jun

6.90

5%c

V;

Jan

12c

Mar

Jan

4%c

-

Jun

10

Aug

19.;, May

July

13

Feb

Jan

15% Mar

.y

9

common
common

5,810

•

July

14

5c

-2-10

___

Fasteners

42c

4c

25c

34

common

Preferred

10

18%c July

3.70

__

__

1

Preferred

Fititngs Ltd

11

5V%

100

—

200

36c

35%

—___*

—

Kirkland

Products

v

1

commqn

Preferred
Federal

3-75

•

.

11

—

•

Famous

Federal

11

Laguerre

La

Apr

17,575

2.45

Jan

6%c

—

Labrador Mining & Exploration

Jan

2.70

.1—2—19%

_

38c

5

48c

1

_

___,

1
1

—

Gold

Jun

33c;

25%

8c

9%c

Ktn-Addison

Lake

10%c Jan

1.83 May
1.62 Jun

'

El Pen-Rey Mines
Sol

2.62

Feb

Aug

7c

•

Renville Gold

Jan

9c

6c

—

8%c

9c

Malartic Mines

El

/May-

37,500

•

20c

Jan

20

16c

49 %C

Townsite

60c

8%c

Aug

_1

.—1

Lake

16%c 17 %c

.*•

Oil

Jan

54c

-

21% July

41,200

«

Kirkland

54'/2c

1

16

1,547

26c

__

Kirkland

Mar

.

8%

24c

Mines

Golden

17c

East

Eldona

12

..j

33%

™_1

•

_.

Kirkland

59c

East

Eastern

27

Jun

1

Mines-..

Feb

22

,

Aug

8%

.—1

Apr

25 %

Aug

19%. Apr

440

—

Elder

27% Aug

20

1

Oil

Leduc

17%

Feb

•

Ltd

Amphi
Crest

Jun

21%

—1

Mines

Duvay Gold Mines
East

Jan

13%

340

21%

—

East

Kelore

Jan

8%
24 %C

—

-

Kelvinator

I,662

V.

•

__

Quebec

Feb

"

20

Joliet

Gold

Jan

14%

Jun

11%

•

9

27%

32%

_—1

Kayrand Mining

20
;

Jrny

8%

July

30c

2,250

32%

•

26% Aug

Jun

100% 100%

—

•

common

(1939»

Feb

21%

;

Woollens

Gold

8

Co

Mining

Mines

Jan

—

21%

1
—2

205

Waite

Jellicoe

Joburke

7% Aug':
22%

_

Petroleum

19% Aug
20% Aug

.

27%

27

__

23%

>

trust certificates
Dominion Textile common

10%

:

16%% 17

27%

Dominion Tar & Chemical common—"

Dulama

15%
24%

26%

f"* 10%
B——25
••,'16%'.

Voting

Donalda

9oo

995

20

26%

2.^2—

Coal

&

19%

26%
7'/»

1

Steel

&

Dominion Stores

Dominion

_

Nickel

Jacknife Gold

32%c Aug

Jun
Jun

*

common

Magnesium

Preferred

...

-

A

International Uranium

Mar

46c

May

,

14%

2,04a

.

•

20

10

Dominion

Steel

'

2

—2

Dominion Bank

Dominion

class

International

Feb

33c

Jan

Jun

5c

__

Coke

&

Preferred

Jack

I

23

20% Mar
7

Jan

7%c

May

Jan

Jun

1.20

1,200

6c

—

1

:

-

12%c

—

1

—

Discovery Yellowknife

Dominion

preferred

International

Mines

Detta

—

B

3c

Jan

51

1

Industrial Accept common

Ingersoll Machine class A_

1

Jan

24c

Howey Gold
Hoyle Mining
Hudson

Feb

38c

10%c

11% Aug

150% 152%

5
100

Jan

Jun

7c

13%fe

Imperial Tobacco of Canada ordinary_5

Smelting

Jan

17

July

8

Jan

Apr

17%c Mar

Jun

4c

Feb

53

40

Jun-

Jun

6c

750

10

■

Jun

57c

1

Consolidated Mining &
Consumers Gas

61c
31c

395

1

Highridge Mining

Huron

Consolidated Lebel

July

9%

1,500

—

Highland-Be\l

9%c May

42,909

6'/aC

—

1

Mascot

Jan

85c

85

65c

57c

•

34

80

4%c

1

Apr

Jun

H%

62c

62c

822

7c

14%

Jan

40c

11%

—

2

Aug
50% Apr

2.98 Aug

May

5

25

1

Feb

Jan

103

85

1,050

10

1

Heath

Homer
Conduits

Feb

4c

l%c May

52

26c

1.32 Aug

7,500

9%c

35

15%-

*

30c

11
17c

25

4.%c

—

-1

Jun

12'A

4 % C

Mines.

Carpets

7% July

1,600

Feb

3c

51%

15 %

15%

-•

4c

210

28c

--

*

Yellowknite

12%

25c

—

Lake

4: 25

7c.

8c

.

-♦

Gold

Heva Gold

Coin

90

Jan

12%c

20c

.1

Gold

Harricana

18%c

May

15c

140

2%c

*

Hard

Harker

2.85

Jun

Alabastine.

Bridge

Mar

10c

May

2.18

Jan

11

98c

May

4c

3,000

2.48

41c

1

L

Malartic

Cochenour

51.300

500

.

Jun

July

32c

Jun

8% Aug

115

65c

1

Mines

Chromium
Ciwaiam

8%

53c

—

ftesearcn

cnemlcal

14c

53,200

&

Swayze

Hamilton

2%c

High
3.15

Jun

4%c

31c
20c

....

.1

Lime

5C

6,500
2,000

12

V

12

1

_

Lake

1.74

6c

60c

•

common

Mines

Gold

Jun

51%

5%C

1.55

35

Paper

preferred
Mines

Gunnar

90

I'll50

_™„—

Lakes

Class

May

1.40
56c

17,850

Preferred

Feb

12%
80

»

5,000

85

5c

1

common

Low

1.83

2%c

.

Range Since January 1

High

4%c

6c

1

Mining

Shares

1.81

1.87

•

Mines

for Week

ot Prices

-tow

1

Porcupine

Jun

1-22

—

-—-—1

Goldhawk

98 /2

--

—

*

Gold

Jan

% 11%

10

10,545

1

Oil

11%

55c

60

,

154*

1

Castle-Trethewey

13
80

15

Jun

24

14,025

80

;

100

___

78c

Manitou

8% Aug

625

15

—

Utilities preferred

27

—

-2d

Gold

9

...

13

—

100

Tire

Canadian

9

Golden

Par

""4/V"

•

Apr

Sales

Week's
Range

Last

Sale Price

High
245

Jan

8%

,,

25

70c

75c

Canadian Pacific Railway

1,225
■

?

210

15

26

Canadian Malartic
Canadian

.'

STOCKS—

Low1

10

9/2

*

:

Friday

225

;

ENDED AUGUST J J

1

Range Since January

Share*«

High

225

—

W EEK

for Week

Range
of Prices

Par
Canadian

FOR

Sales

Week's

Last

Sale Price

MARKETS

LISTED

CANADIAN

Monday, August 22, 1949

FINANCIAL CHRONICLE

7% Aug
2% Aug
15

8

15

1.35 Aug

2%

Aug
Feb

20%

Jun

26

Jan

25

Feb

28

Aug

7c

1.75

May

11c

Jun

Lebel

Jones

&

class

«

B'

Mines

Oro

Leitch
Little

Loew's

Jun

53c

Jun

1.15

1.20

11,500

95c

May

59c

55c

May

28%

Louvlcourt

-100

_

Hosiery

Mills

Goldfieids

5

Feb

2.90 Jan

Macassa

River

-

31%

Jan

Jun

29

Jan

70

24

70

Aug

74

Apr

5

8

5

Aug

14c

16c

19c

19c

3.000

15c

4,150

8,400

8c

10 %c
8c

1.90

Jan

1.03

;

•

j

Jun

-7% May
45c

Jan

19c

Jun

Jan

16c

-

Aug,
Jan

2.60

2.40

2.65

39c

46c

18,250

21c

May

74c

Jan

7c

6%c

7c

15,000

5c

Jun

13 %C

Jan

18c

18c

4,500

15c

Jun

34c

Jan

1.22

1.07

1.25

36,300

77c

Jun

9

9

9%

400

8

Jun

6%

6%

100

6

Jun

?;:v

1

MacLeod-Cockshutt
MacMillan

Jun

27 %

I

Lake

Macho

27

140

1

1

Mines

Red

165

14 %c

15C

•

Mines

MacDonald

17,850

29

19c

1

Macfie

64c

28%

14 %c

____1

Gold

Yellowknife

Jan

Jan

1.25 Aug

5

—

—

«■

common

Jun

86c

86c

70

28%
—

10%

28

63c

•

A

•

Marcus

Lunward

Lynx

class

B

London

53c

500

•

Groceterias

Class

500

65c

1.20

1

_

Long Lac

Loblaw

100

65c

65c

*

•_

Gold

10%

65c
65c

1

Leduc-West

Jan

2% Aug

Aug

Lawson

Gold

Export

class

1

Mines—

A_

*

•
_

_

13,300

:

Jun

2.65 Aug

1.25 Aug
-

-

10

Jan

"

Class

•

B

_

Jan

.7%
"

■

(T

Gatineau

5%

Power

common

5 % rk

preferred

General

Products

General

Steel

100

Mfg

class

A

.«•

1

Lake

17

103;

17

50

105

155

God's

20

Goldale

80

16% Mar

20

20

400

16

.

Gold

^5%
6.90

15%

125

6.55

6.95

7,637

9c

10c

48c

50c

3,200

44c

44c

46c

1

Arrow

_1

'■20

July

17%

Maasen Red Lake Gold
Malartic

„

13c
8c

3,500

13
4.75
8c

Jun
Jan

Aug

15%
t.

Manitoba

May

&

1

2.98

3.15

'

12,750

2.40

Jan

3.15

Aug

2.93

2.70

2.95

""

32,000

2.02

Jan

2.95

AUg

2%c

2%c

9,500

2'/4c July

101

102

30

94% May

*

Eastern

Feb

Maple

Leaf

3.15

1

Mines

Fields

Manitoba Sugar preferred

Milling

__100
*

;_

Gold

9

1

74 %c

Jan

II,200

29c

Jun

56c

1,500

14c

Jun

19 %c

Feb

13c

1.000

9c

Jun

16c

Apr

1,500

5c

Jun

9c

Massey-Harrls

•

common

Preferred

__

20
0

preferred

8c

'

-

footnotes,

see

page




42.

~

-~~

300

8
8c

4,500

25

17 %

17%

15%

123

18%

24%

17%

McCabe
Class

Grain
B

class

A

0

8%

__

a
.

McColl-Frontenac

*

8%

7%

-

50
20

-

12 %

Z

12%

93

93

"

Aug

11%

Jan

Jan

15c

May

Apr

-

-

23

17%

Jun

.

22%

Jan

July

27'%

Feb

Apr

17%

Feb

8

Jun

9-

Jun

25

6%

Aug

7%

Aug

525

10%

Jun

/15 y8

Jan

75

90%

Jun

93

Jan

125

7%

12%

„

-

common

—

For

13%

18%
.

1

(L)

Jan

8c

14c

Jan

16c 16%c
13c

9

10c

14c

4%c May
102

Jan

7.05 Aug
11c
Apr

McBrine
40c

Gold

Aug

Marcus

9c

_1

2% Apr
110% May

108% July

350

50c

•

Mines

Goldcrest
Golden

Gold

106% Mar

Jun

110

1

Lake

Jun

2%-

1

Oil

1.55

-2

*

t

Globe

100%

109%

*

common

Yellowknife Gold Mines™

Gillies

17

105
"-2-

-

Wares

/'

\'.,y

100

:

—.

Bakeries

General

Giant

*

—

preferred

"

THE

Number 4831

Volume 170

COMMERCIAL

&

CANADIAN
RANGE

Friday

Week's

Par

Red

McLellan

Lake

AlcMarmac

1

Lake

Mercury

[

{ligh
9%C

1,000

9c

Aug

17 %c

Feb

66%

1,059

50%

Jan

66%

Aug

*

30c

Jun

54c

Aug

/

49 %c

54c

1

Low

;

17,950

5C

5c

2,500

4c

15c

3,000

8c

May

9c

9c

1,500

8c

Jun

6%

380

6%

Jun

6% / :

5c

6%

i:

V*;:

v

'•

^

Mid-Continent Oil

_•

Brick

Corp

Mining

Apr

s

Creek

Slck's

Jan
Jan

f-

Sigma

Jan

Mortgage & Inv
Porcupine

Moneta

_

Moore

Corp

common

46c

1.500

37c

18%

965

17%

70

275

64 3/4

Jun

3

3

550

2%

Jun

12c 12 %c

70

250

69%

46c

•
•

2,072

8

18

1

_

Montreal Locomotive

11 %

45c

•

1,000

TTOOO

8

—

Monarch

4C

6,900

8c

May

13c

July

7%c

1.000

5%c

Jun

12c

Jan

3%C

Jun

7%c Mar
1.55

July

8.25

"t

-

; \

,

Sale Price

>»

...

.

Brewing

Sales
for Week

Range
of Prices

Shares f

Gold

A

Range Since January 1

Low

High

12%

12%

75

1.20

1.25

4,000

1.01

Jun

1.60

Jan

2.42

2.35

2.55

91,570

1.25

Jun

2.65

Aug

18

18

17%

class

17%

17%

8.75

8.50

8.75

620

•

1

12%

_50c

?,.Z-

-

1

>

Low

Breweries

Voting

•

t

Silver

(Quebec

1

Mining

Miller

Silverwood

Jan

•

common...

certificates

trust

Mines

Class

1

Mines

Dairies

33c

1

class

A

B

12

Jan

f

8

Aug

.[

Jun

60c

Jan

;

Aug

23%

Jan

73%

Jan

Slscoe

Gold

1

3%

Feb

Sladen

Malartic

1

49c

*

20

*

Class

B

18% May
18

Feb

7.00 May

6%.

37c

11,200

31c

18,200

32c

Jun

9

200

8%

6 %

6%

8

24

24%

320

23

22 %

•

65c

53/4

Apr

48 %c Mar

9%

Apr

Jan

7%

Apr

24

May

8.75 Aug

Jun

39c

24%

•

Preferred

153/4 Mar
153/4

31c
•"

Jun

:

'

475 -1'1

37c

8%

6% Mar

Simpson's Ltd class A

•

12% May

8%

38c

•

;

231
•

High

11% Mar

f

73/4

1.30

95c

/

.

Sherrltt Gordon

12c

11%

1.30

.

Winnipeg

Sheep

12c

1.10

«

•,

;

.

Par

Shea's

21 %c

•«

4c

3

.

Week's

Last

V

:

Silanco

Milton

-

-

High

July

•13c

*

Mills

1«)

(.'»< Friday

15c

1

MARKETS

AUGUST

STOCKS—

Range Since January 1

64

54c
;

1

Red

McWatters Gold

Shares

9%c
66%

Gold

ENDED

for Week

of Prices

Low

«

_

McKenzie

WEEK

(725)

Sales

Range

Sale Price

McDougall-Segur
Mclntyre Porcupine

LISTED

FOR

CHRONICLE

"

Last

STOCKS—

FINANCIAL

Feb

Aug

30

Jan

21%

Jun

26 %

Jan

93

Jun

99%

Jan

23

170

94%

94

95

70

31c

24c

34c

29,600

18 %c

Jun

44c

Jan

47c

52c

15,400

24c

Feb

54c

Aug

20

20

125

Aug

13 %c 14 %c

100

10,200

h

Morrison

i)

Brass

_

_

Mosher

Long Lac
Mylamaque Mines

12c
1

■:

,'-4-

■

7%c

Southam
South

Co

Brazeau

*

•

;

••

Breweries

National

Drug

Preferred

•

common

common

_

5

_

5

_

National Grocers

Hosiery

National
National

Sewer

300

B_

8

8

8

150

6

11 %

25

10

25

39

Mar

12%

12%

16%

16%

425

33 c

35c

2,000

28%

105

—

270

12

Aug

8

Feb

11%

27

...

_

35% Mar

--

16%

Petroleum

class

39

12%

common

National

38%

__

July

11% July
14

15% Mar

May

Standard

Mines

National

Negus

Steel

class

A-

Car

27C

Jun

47C

27

Aug

34

Jun

23%

18%

2.39

2.37

2.44

8,850

8c

9%c

10,167

3%c

Mines

—*

Alger

4c

4,800

3c

3,600

84c

9%c

New

Bidlamaque

New

Calumet

New

Mines

1

Goldvue

Few

83/e

3,990

11

11%

1,630

22%

22%

155

Jan

Standard Radio class A

♦

4%

4%

200

765

16 3/4

Mar

Stanley

*

4 3/4

43/4

50

67c

80c

22,600

14"%

15

15

Brock

class

Olsen

Stedman

A__

Bros

Gold

1

2.63

Apr

Steel

15c

Feb

Gold

_

--

Gold

Norzone

New

Pacalta

Feb

Steep Rock Iron Mines

Co

of

Canada

•

July
Jun

Oils———..
'

~

Malartic

Gold

Norseman

North

__

_

Mines

Denison
Inca

Northland

_

_

-

97/eC

4,950

5c

Jun

23c

Sylvanite Gold Mines

__1

1.80

1.67

•

25 %c

4c

4c

4c

1,000

3c

Jun

—

4c

4%c

2,000

3C

Jun

18c

Taku

13c

11 %c

13c

56,450

7c

May

14c

Tamblyn Ltd common
Taylor (Pearson) common

8c

8c

8 %c

12c

12c

8,750

5C

4%c

5c

10,000

,

9c 11%C

River

11c

9c

Jun

26c

4c

May

47c

May

1.03

59%

Mines

__

..

_

170,250

2.55

7,450

1.70

Jun

__

5%c

5c

5%c

8,500

4c

Jun

13 %c

6C

1,000

3%c May

13 %c 13 %C

1,750

13c

Aug

13 %c

July

40c

*

Mines

1

7

20c

Aug

19%c

21c

10,200

19c

5c

4'/4c

5J/2c

11,000

12C

3%c Aug

8

8%

300

—

1.85

1.75

1.90

25c

25c

6

7%
10

May

13,370

1.42

Jun

500

17%

Jun

1.11

Feb

Gold

Malartic
Gold

Omega

1,50

1.46

1.50

3,600

*

20c

19%C

20c

4c

4c

4,000
1,000

—*

3%C

3 %c

5,000

*

20

20

•50

5%

5%

270

8c

8c

4,500

•

—

...

_

.

_.l

—

Omnitrans Exploration
Ontario

Steel

Orange

Crush

Orenaaa

Orlac

_

—

...

Lake

Lake

Osulake

_

_*

Gold

Red

Oslsko

...

_

_

_1

__

__

--

8c

.

Iron

Towagmac
Tower

Porcupine

Traders

Works

class

Pandora Cadillac
Pan

Partanen

1.95

53

Union
Jan

Finance
B

class

6%C
20

Aug

Upper

3%

Jun

6c

Jun

500

5c

45c
7c

2.42

2.49

18.635

44%

44%

855

1.4Q

11,0135

96c

7c

5,000

4c

Apr

16c

18c

9,900

»c

Jun

35c/

1.25

2.02 Feb
36%

Jan

May

2%c

3,000

2c

3,000

35c 37%c

4,550

30c

Jun

500

55c

Jun

'73c

73c

8c

•9c

16,805

2.30

2.15

2.33

10,013

3.35

3.75

2,500

4c

4c

1,000

1

40c

39c

40c

5,500

•

39

38%

39

630

8c

Pioneer Gold

Powell

—1

River

Powell Rouyn Gold

Voting
Power

_

1

common

certificates

trust

Pressed

Metals

Preston

85c

85c

1

May

1.06

18c

B

2%c July
1

7c

1.71

Feb

Apr
Jun

3.00 Mar

14%

12

1

1.72

3C

May

class

Quebec

3.05

'
.

v

•^vYi^o^pr
8c

24 %c

1.22

28,000

167

167

20

10%

10%

10%
10 3/4

8c

89c

Jan

15 3/4 c Mar

2.34

3.75 Aug

A

..

He

Aug

47c

May

20

Mar

Jun

90c

16%

Waite

Amulet

9%

Jun

r-i 0*

65c

7,100

55c

69c

34,402

40c

May

15 3^

16%

2,415

11

May

1.08

1.14

6,100

70c

io%

65c

1.02

1,500

50c

17c

Jun

67c

46c

Jun

2.31

100

6c

4,500
125

_

Ltd

_

€.70

—

Royalite Oil

9c

25%
6.55

Rupununi

Mines

Russell Industries

Saguenay
St

Antonio

Sannorm
Senator

&

'

Rouvn

Ltd

Water &

For

(1945)

Power com.

1

Preferred

footnotes

see

page

42.




14%

18,095*

Aug

"

8%

Jan

14%

Aug

13c

1,000

8%c May

14c

Jan

27JA

25

27

30%

Jan

July

51

25

47

Jun

52

Feb

21

21

100

17

Mar

.21

Aug

2.01

2,829

6%

61/4
2.10

146,202

5.10

5.25

5,397

8c

1.22

360

1.50

2,000

53/8

Jun

2.94

Jan

7%

Jun

1.10 May
4.00 Jun
6c

Jan

9.05

6,775
7,465

9

30

39%

y4

9.25

293/8

9

40

175

35%

25

39

2.10 Aug
6.40

25

100

22
30

May

6.50 May

233/4

Aug

Aug

15%

'■i

Feb

29%

Jun

9

Jan

10c

Jun

28%
■

.

»

33

33

30

32%

■

32%

•

(George)

common

__

32%

...50

23

380

97

_

Wingait .Gold
Winnipeg Electric

97

97

•

Aug

13

Mar

Feb

40

May

Apr

'29%

93/4 c

He

17,000
21,900

6%c

Wright-Hargreaves

7c

34

33%

34%

,25

Aug

33

Aug

Jun

<

35

Feb

25

5c

5c

2.36

2.47

Apr

100%

May

Jan

37c

Jan

May

5c

4,300

38 %c

Jun

7c

1,000

2.45

Mar

90%

1,636

5c

39c

_

__1
•

——.

6c

•

common

——

21

10

10c

...100

Winora Gold

22%"

22%

_

Yellorex

Mines
Bear

27

Feb

4c

11 %c

Jan

37%

Apr

:

Jun

6%c

Jan

2.00 May

2.54

Aug

3%C

:

40c

7,800

18c

1.00

1.06

Mines

Girl

2%

Toronto Stock

1.75 Aug

1.07

29,775

61c

Jun

3%c
2%

3 %C

8,000

2c

Aug

2%

100

Jan

48c

May

1.10 Aug
6c

1%

Jun

Feb

3

/.

Mar

Exchange-Curb Section
V Canadian Funds

Friday
STOCKS—

>;

.

Last

Sale Price

1.45
3c
10

9c

69c

17

Aug

Brown

1.18 May

Jun

3.75
8c

National

Andian

Jan

Apr

May

Feb

Co

Sales
for Week
Shares

6

100

—

Gold

2%

3

78

78

79

240

12%

12%

13

160

20

20%
11%

190

11%

19%

19%

193/4

115

1.90

1.80

1.95

625

Jan

Canada and Dominion Sugar

•

May

11%

Jan

Canada

*

Mar

18 %c

,'

High

4% Aug
2

1,600

100

—

2%

5

Preferred
Bulolo

High

6

*

Range SInee January 1
Low

Low

1

common

Y

May

70 ye Jun
12% Aug
19

7%
"

Jan

4

Jan

103

Feb

16%

Jun

Jan

Feb

22 3%

113/4 Aug

13%

Jan

19%

22

Jan

May

Vinegars

9c

500

6c

Jun

13c

Apr

26c

17,300

23c

Aug

50c

Mar

Canadian

Vickers.

25'/2

845

Jun

26'

Apr

Canadian

Western

24%

Week's Y
Range
of Prices

1.04 Jan

6.75

3,190

5.85

Feb

16,500

9c

Feb

15,000

3c

Jun

26 %c May
10c
Jan

14%

common

__

—

•

—_•

Canadian Marconi

1
•

common

Lumber

•

/

—

—

85

70

70

25

3%

3%

680

1.15
60

Jun

July

2.00

Jan

Jun

85

May

3% May

4

Apr

7.10 May

15c 17 %c

4,/2c
16

5c

Disher

Steel

1,625

Jun

18 3/4

Jan

Dominion

190

101% Mar

103%

Apr

Foothills

71% July

Jan

International

common

Bridge

72

-72

55

4.65

9.858

10c

7,700

7c

Mar

17c

May

39c

42c

8,300

30c

Jun

49c

Jan

Minnesota &

24

23 '/e

24

431

223/4

Jun

25

Apr

Ogilvie Flour

47%

55

May
10 %c May

48

Jan

Pend

20c

Jan

Temiskaming Mining

17%

2,500

46

86

4.65 Aug

'

167/a

16

35 %c

34c

*

*

*/;

4.30

Jun

;

Oil

8'/2c

3.50

*
•

Dalhousie Oil

163/a

16c

Mines

May

13c

9.20

.

47%

i

65c

13%

293/8

20'

/Clas^ -A

9c

72

pfd

Jun

27%

■* :

common__

41C

1st

25c

1.93

a

Products

Grocers

W)

*

4.65

Paper

8,500

8C

•

A

Western

*102 1021/2

100

Gold

Mines

8hawinigan
Shawkey

16%

common

Power preferred

Lawrence

San

4%c

.-

35c

5.25

*

(G

Consolidated Paper
15c

Roybar Chibougamau

Apr

30c

1

_

_

class

Canadian Industries
24 %c

20

90c

2.05

_

Jan

8,600

9c

Jun
Feb

51

Jan

4,800

io y2

25 3/8

Jun

17%
55c

Jan

1.30 May
Jun
25c

Il%cl2%c

24 34 c

17

60

19,000

21

Jan

65c

—

144

20

65c

2.01

25

_

(Hiram)

Jan

65c

.

20

59c

Jan

Jun

23c

2.31

19%

■'

143/8 -i

Knitting class B__.

Jun

1.10

Royal Bank

Jan

Jun

May

%

#
__

York

65c

21 %c

__

12

Aug

7c

59c

_„-l.

Yankee

12 3/4

22c

Co

10%
29c

-Y

•

•

Ymir

57c

50

5c

Gold

100

1,800

2,700

50

..

Jan

350

16,950

Cotton

Oils

Jun

11c

:•

preferred-

8C

1,500

12

Regcourt

Roxana

Jan

1.35 Mav

Jan

2,500

35c

Reeves MacDonald

Rochette

69c

168

38c

—

Wiltsey-Coghlan

15

16 %

Roche Long Lac

Jun

156% Mar

9c

Par

Robinson

May

69c

Aug
May

35c

—

Jan

33/b May
42%c Jan

85c
/

1.75

_.

50c

2,465

22c

Jan

12

Mining
Quesabe Mines Ltd

■

3.60

Jan

c

_

Apr

Jan

—1

Quemont

Aug

20

Mines/

Weston

44c

35c

Queenston Gold

2.40 Aug

8%c

Feb

Aug

5%

Jan

42%

1.65

Quebec Manitou

36c

28 %

•"

Jan

45 % May

Jun

35c

_

69c

1.03

•

Mines

Walker

Jun

1

Labrador

_

_

65c

1.16

•

_

Vicour

Waterous

30C

1

Gold

65 %c

|

Hill

Steel

Jan

33%

1

Quebec

5,700

•

Resources

preferred

Canada

Jun

85c

75c

143/4

1

Dome__

East

85c

•

Corp

11,015

14c

X.

Keno

Yellowknlfe

Porcupine Peninsular
Porcupine Reef Gold

3.50

12c

•

Ventures Ltd

Feb

9c

Jun

2c

Mines.

3.40

Jan

'

6?8 Mar

May

18,000

Class
United

20c

May

89,800

3.75

Gold

3.45

.

Fuel

Feb

8c

73c

Crow

Feb

2.60

Jun

23/4C

Piccadilly Porcupine
Pickle

26% July
4% Jun

Corp class A

3c

18

12c

Mines

.

35

#

A-_

Mining

United

1.03

17c

Consol

18c

705

_

United

Jan

8c

——

Gold

500

1

Transvision-Television

July

88c

Malartic

Paymaster
Perron

Aug

5%

_

Preferred

Paramaque

1.80

Aug

35c

Apr

6c

ll%c

1.40

Oil

Western

Jan

Jan

5%

July

24c

5%c

Ltd.

1.90

5%

»

A_

Exploration

Transcontinental

Jun

2.48

Mines

11 %c

Jun

28%

100

Preferred

Pamour

•

25 %c 25 %c

1

Feb

Jun

44%

—

Tubes.

1.27

21 %c

Aug

Jan

3C

12c

Petroleum

Hershey

12,050

Mar

4c

28 %

Petroleums

Westeel

Pacific

Page

1.80

16c

Jan

12c

95c

..

Mines.

Mines

1.27

1

United

O'Leary

•

-—

5,100

'

20c

__

Oils

2,400

1.74

28%

•

-Union Qas
Gold

5%c

_1

Tech-Hughes Gold Mines
Thompson-Lundmark Gold Mines

3.75

1

__

common..

7,500

4c

*

Toronto General Trusts

2.45

1

21c 21 %c

1.65

*

Torbrit Silver Mines

Jun

48%

10c

—1

_

1.83 July

8C

2.50

57/8c

78

165

6c

5%c July

7,500

1,990

-1

-

__

Ogama-Rockland
OK&lta

Jun

8c

_1

_

.

Gold

North Star Oil
O'Brien

1.26

9c

Class
North

Jan

14,150

1.74

Toronto

Norpick

21 %c

Feb

1.74

1

Mines

Apr

Apr

1

*

_

July

8%c

Sullivan

1

Mining

15

86

Sturgeon River Gold

,

Feb

1.66

'

1.67

1

13 %

85

75c

Cons

Apr

80c

Jun

31c

48,100

Api

5%

Jun

Mar

Aug

62c

% Mar

50c

3%c

May

58%

4

5

78% Mar

47c

54c

Jun

90

20c

57%

Aug

4

1,500

1,500

58c

Aug

22%

6c

39,015

58%

Aug

■11%

Jun

85

65c

•

8%

Jan

83%

24c

•

-

Jun

7

2.35

Toburn
.

5

18%

6c

58c

1

Jan

83

23 %c

1
-

54c

84

65c

-_1

.

_

Mines

Normetal

"i;

23 %c

•

Mines

Norbenite

1

1

Thurbois

Noranda

83
'J

1

...

Yellowknlfe

Nicholson

84

25

common

-1

_

—

Rouyn Merger

New

Nib

Jun

—

Steeloy Mining

9c

1.95 May

6%c

80c

♦

1

——

New

New

1.29

Jan

July

'

63/4

22%

Sudbury Contact

Marlon

Newnorth

1.20

8

11

*

1

Jason ;

New

1.23

23c

41c

3,500

*

Preferred
New

20

July

Jan

18%

18%

common

V

48c

46c

Standard Paving common
Preferred

Starratt

Pipe

•

Chemical

Mar

10c

Jan

17

July

Stadacona

17

■■/■?'•./•/-''

.

•

National

9%

Jun

18%

Apr

Jun

45c

Jan

60

5%

Feb

11% May

313/4

Jan

37 J/4

Apr

2.30 Aug

3.65

Jan

2,630
20,800

36

36 '/a

40

2.45

2.40

2.45

300

57

—

13%
26c

57

58%

1,740

43%

16%

16

16%

445

13%

100

50

50

50

18

*

Paper common

T47/«

145/a

14%

275

•

International Utilities

-

Langley's Ltd preferred
Ontario Faper

50

12%

Jun
Jun
Mar

58%

Aug

16 %

Aug

55

Apr

Jun

22%

Jan

*

common

Oreille

__

17 /
37c
9%

.,

23

23

23

10

20% Mar

26%

Jan

1
1

4.85

4.80
7%c

4.85
7%c

200

3.35 May

6.70

Jan

500

6c

8%c

Aug

7%c

Jun

41

42

THE

(726)
,

4W!1*

il

<■*

COMMERCIAL

&

FINANCIAL

CHRONICLE

Monday, August 22, 1949

v

OVER-THE-COUNTER SECURITIES
Quotations for Friday, August

10

Investing Companies
Mutual Funds—
Aeronautical Securities

Affiliated Fund
Amerex

1

4.66

4.08

American

Holdings

Bond

Inv Tr

Electrical Equipment sbares-lc
General Industries shares_lc
Home Furnishings shares—lc

3.43

2.98
3.48

3.89

7.00

7.67

25.38

27.44

11.50

12.43

13.66

14.92

91.27

95.07

19.72

21.32

Manhattan Bond Fund Inc_10c
Mass Investors Trust-

10c

8.04

8.05

Ctfs of beneficial lnterest__l

5

15.20

1

16.46

16.43
18.04

Boston Fund Inc

Bullock Fund Ltd

1
1
25c

13.16

1.41

-1

25.16

1

16.54

18.00

20c
5

3.68
23.97

3.88
25.91

Inc_l

1.72

1.89

-

Dividend Shares

Preferred
Eaton

Fund

,

Stock Fund

Equity Fund Inc
Fidelity Fund Inc
Industrial Fund

Financial

First

Boston

10
1

Corp

First Mutual Trust Fund

4.86
5.41

New York Stocks Inc—
Agriculture
Automobile
Aviation
Bank stock

Fundamental Investors Inc

5.10

2
Fundamental Trust shares A—2

13.43
5 85

1
1

46.82

50.34

4.68

—

14.72
6.74
5.02

General

Capital

General

Investors

Corp
Trust

lc

shares

Aviation

shares

6.31
5.32

5.84

5.13

5.35

5.63

15.24

1
1
1
1
1
1

.

MaturityCertificates

1%%

100.1963

tl%s

.2084

Indebtedness—

1.

(cont)-

1950

100.0946

1,

1950

1,

1950

Bid

Ask
.0394

IIVis June 1,

Dec. 15, 1949

100.0916

.1234

IIVis

100.0763

.1080

mo in«o

—

IIVis Apr.

-

i

5.62

.1165

.0835

1, 1950

July

100.1361

.15ao

—

1, .1950

100.1238

—

100.1513

.1683

Dated

Doe

Bid

Ask

Rate

Dated

Due

7.58

$-

1-49

bl.25

1.10%

1.55%

4-

1-49

1-

3-50

bl.30

1.15%

1-49

9-

1-49

bl.25

1.10%

1.50%

7-

1-49

1-

3-50

bl.30

1.15%

T.20Yo

1.60%

1-

3-49

10-

3-49

bl.25

1.55%

5-

2-49

2-

1-50

bl.35

2-

1-49

11-

1-49

bl.30

1.10%

1.55%

6-

1-49

3-

1-50

bl.35

4-

1-49

11-

1-49

bl.30

1.20%

1.10%

1.55 %

7-

1-49

4-

3-5f>

bl.35

1.55%

3-

1-49

12-

1.20%

1-49

bl.30

1.10%

1.35%

8-

1-49

5-

1-50

•Bl.35

1.50%

8.31

10.01

Ask

1-48

6-

1.55%

1.20%

5-

2-49

12-

1-49

bl.30

1.10%

1.35%

9-

1-49

6-

1-50

bl.35

1.20%

11.18

10.20

Bid

12-

1.50%

6.99

1.10%

10.97

11.34

10.69

3.63

3.98

10.15

11.12

9.51

10.42

lc

6.79

7.45

Electrical equipment

1

6.84

lc

5.81

6.38

Insurance stock

1

11.37

12.46

8.34

9.14

Machinery

1

9.34

10.24

lc

4.35

4.78

Merchandising

1

9.89

United Stales

7.50

shares

10.84

Fully Administered shares—lc
General bond shares
lc

6.76

7.41

Metals

1

7.72

7.81

Oils

1

15.51

6.41

7.03

6.95

7.62

Investing Company shares—lc
Low Priced shares
lc

7.60

8.33

Railroad

1

4.52

5.65

Railroad equipment

1

5.80

7.27
5.05

7.97
5.54

Steel
Tobacco

1
1

7.15

7.84

10.59

1949_

Ask

13,

1949

bl.04

0.95%

0.93%

Oct.

20.

1949

bl.04

0.95%

bl.04

0.93%

Oct.

15,.

1949

bl 04

0.95%

NOV.

3>

22,

1949

bl.04

0.95%

Nov.

10,

bl.04

0.95%

Nov.

17, 1949

bl.04

0.95%

27,

1949-1949

_

0.97%

_

1949

bl.04

—

0.99%

11.61

5

8,

Bid

Oct.

bl.04

—

0.85%

Sept.

6.36

lc
lc

1949

Treasury Bills

Ask

bl.04

Sept.

4.95

5.15

1,

Sept.

11.21

9.40

Pacific Coast Invest Fund—1
Public Utility
1

10.23

8.95

shares lc
lc

1949

Sept.

17.00

Industrial Machinery

Bid

Aug. 25,

8.46

7.12

Institutional bond shares

.1481

—

1950.^

Federal Intermediate Credit Bank Debentures

6.16

6.38

Equipment shares lc

shares

Atk

Bid

lndebt

of

Feb.

100.0283

Rate

9.96

9.09

Electrical

15

shares

Merchandising
Mining shares

——

lc

7.38

2.33

2.57

Petroleum A Trading

Equipment shares

—lc

3.31

3.64

Putnam (Geo) Fund

shares

^-lc

3.86

4.24
4.57
4.83

Republic Investors Fund
Russell Berg Fund Inc
Scudder, Stevens & Clark

Sept.
Oct.

29.

6,

1949

1949

Railroad
Steel

stock

*

lc

Shares

Tobacco

4.16

0.99%

.

1.00%

48.90

48 90

10.0&

10 86

19%

20%

6.05
4.55

Selected Amer Shares—

1.60

1.80

Shareholders Trust of Boston—1

1

•

10c

5

Fund Inc (new asset value) _•

State

Ltd—

Shares

Aviation

lc

Group shares
shares
Insurance Group shares
Bank Group

-lc

1.01

Stock and Bond Group
lc
Investment Co of America—1

11.44

12.54

24.12

26.22

Boslon_i.-i

of

7.35
•

8.06

13.1-5

Series B
Series C

13.45

B-2 (Medium

Bonds) —1

Grade

Bds)

1

Bonds)

Priced

>

1

28.37

27.14

24.77

22.70
,

15.57

-

B-4

(Speculative Bonds)—!
9.13
K-l (Income pfd Stocks)
1
14.73
K-2 (Appreciation pfd Stks)_l V 19.73
8-1 (Quality common Stks)_l - 26.39

16.99

9.96
16.08
<

21.52
28.79

Stocks).,...!

8-2

(Itacome

8-3

(Appreciation

com

13.72

14.97

Stks)_l
Stks)—1

10.42

11.37

com

Bank

6.14

&

49.50

8.75

1

of

Manhattan

New

1
1

17.55

Chase

20.94

1

10

Diversified
Series

Trustee

——

9.82

Corn

County

8.59

9.78

18.83

15.79

16.98

3.49

Fund—*.

4.23

4.62

—1

4.39

94.79

96.72

3.78

Trust

Federation

Bank

Fiduciary Trust
First. National

46.23

47.17

32%

A

Trust

_10

Guaranty Trust

^100

—1

2.20

2.49

J

3.50

Irving Trust
Kings County Trust.
Lawyers Trust l_.

2.18

Manufacturers

Trust

&

'

Series 1956—

(J

P)

16%

Co.

Inc

Co

York Trust—
25
Public Nat'l Bank A Trust.17%

Sterling National

Aetna

Casualty

&

Bid

psr

57%

Zl,

%.■

10

American Automobile

87

55%

£
American Alliance

84

lo

23

—4

American Casualty
3
American Equitable-Assur.—5 "

Home

-

Insurance of N Y
Maryland Casualty

24%

$2.10

13 Ya

■14%

21% r-

23"""

13s/8

15%

19%

21

31%

33%

25

58%

61

1Q

...

_

.

American Re-Insurance
American Surety

Automobile

44

-

Merchant

Fire

—,

lo

v

,

51%

5

23%

24%

Shippers

25

Boston

10

90

5

28%

Amsterdam Casualty

28%

65

67%

20%

22%

New York

North
Fire

Oonectieut

5

General

Life.

Continental Casualty..
Crum A Porster Inc
„

.

Fireman's Pund of Frisco
Firemen's of Newark

2^1*

Rubers Fire

343Z

2

34%

34

36

Phoenix

58%

61%

Preferred

£

V

64

Providence-Washington

lo

33%

2

iq

88%

67

82%

85%

.17%

(N Y)__

(Texas)

lo

15

28

30

49

51

10%

11%
'

33

2nd

preferred

15

87

Great

American

—5

34

Seaboard

Surety

Security (New Haven)
v

35

Springfield Fire & Marine
Standard

L

Accident

Travelers

5

14%

5»rtford Fire
Hertford

Steamboiler




10
10

37%

35%
135%
39%

'

295

-

.**

.

■V 33%

31%

~ "*

"

63%

66%

50

53 '

42%

44%

27/aS—

1979

Lt

&

27/e«

$2.50

Ask

--

k._

pid_5o

> 51"

50

>

4.75%

104(2

Conn

Gas St Elec—

preferred

Lt

.103%

100

$2.20 pfd

Pow

&

1*.

J04%-

54%,

55

104

1979

105 Ya

1978

105

Y

State

Elec

pfd

4% ■%

103(4

3s

Bid

-

--

104 VV^

105 Va

Elec

Par

-

'

k__

Ltg 2%s__1979

Pacific

-

•

&

Gas—

Gas

(series

5%

105

1949>—100
pfd—100

&

red

1st

•"

■

108%

106 Va
110

Elec—

28%"

28%

103%;

104%.

105

107

25

pfd

106

England Power 3s

North States Pow

Power

104(2

3s 1979

'.
Ohio

lj
10

k__

pfd—100

(

4.40%—100

108%
105

pfd.100

109%

"

-

106%

105V4

.

'

I

4.

••

of Indiana

Elec—

106%-

$4.75 preferred series G—100

•

108%.

¥

U

A

t

3s__1979
f

~

103
.

San

104

'■

Diegq Gas

-4% %

& Elec—

...

.

20

-100

106

21%

21

preferred

*

106%

-

101

101

Staten Island Edison—

91%
52%

:

Westchester

Lighting

3s

—1979

-

k

<4.90%

;

preferred

*

'

36%
-

47

745

V

36%
7.70

56*

58

65

U 8 Guarantee

75

79

21%

23

%

<4.70to

(Colorado)

Pub Seiv of Okla -4.65"%

J

s.

-

Ser

f

r

62

10

v

105

3s_—...1983

:

34%

"

Pub

•"

1978

Pacific Gas & Elec
\ '
'
'
Public Serv

491|

100

Potomac Edison

105

4%Yv pfd._100

Rochester Gas A

35%

34%
45

105 V^t

1

3s

Pow.& Lgt

104

—1978

(Wise)

4%

Fidelity & Guaranty Co__2
U S Fire
4
Westchester Fire

.20

.

Ariz Lt & Pwr

New

89%

4

10
10

-US

33%
131%

&

10212

15%

«fi3i

'

10

290

100 ' 275
...

Caterpillar Tractor $4.50 pfd 100

,

Penn

91

35%

Power

Tenn Gas Transmission 3s_1963

St Paul Fire A Marine

;

s

Stocks—

Atk
105 V*

Narragansett

18%

Republic

~

Okla Gas & El 5V<%

58 %

10

Reinsurance Corp

:

104(2

1974

-

1967

New

55%

69
-

Natl Bank—100

Security Issues

Bid

...

Kentucky A W Va Pow 3s_1979

09%

12%

10

65

VSbus^ 35%

v

N

514

60

34

y

116

lo

64

.

16%

nn

25

10

675

10L

Indemnity CoI
Peerless Casualty Co

J®

Telephone of Pa 38^.

Kansas Pow

27%

*96

Pacific Fire

5

*J«-

15%
25%

12,50

Accident

"J " :

'

8

7%

45%

Pacific

10

•

Central Hudson

36 %

43

35%

•

1

Delaware Pow

100

•581/a

.10

Bank of Amer N T h 8 A. .12%

36%

5

Detroit.

"

Cen

56%

5

33%

'

83

645

29%

it

56

5
com

54

96

5

General Reinsurance Corp

10

10

,

v.mI~"
Globe A Republic

27^

lo

10

—"j;",":::

Fidelity St Deposit of Md

10

2.50

of

Francisco

San

8%

10
^

Fire Aasn of Phila

Fire

River

Bank

42

Michigan Cons Gas 3%s

Northern

.

Employees Group Assoc
Employers Reinsurance

Bell

30%

71/,

10

<

.

30%

95

.

Camden

Bonds—

.

4

New Hampshire Fire

„

A

Yi

33

•

Recent

48%

Duke

New

46

_

Bankers

27

•

-

Portland

,

89 %

86%

16%

10

-

National Casualty (Detroit).
National Fire
National Union Fire

-

National
Bank
—12%
United States Natl Bank——20 J

43%

77

100

50%

15%

5

Assurance

Merchants & Mfrs

_

Casualty.5
12%

•

32 %

46'/,

'

American Fidelity &
American of Newark

520

y

•

114

1

Prior

315
-

Ask

3«

110

20

common

preferred
$1.05 Convertible preferred
Massachusetts Bonding.^.

-45

gf 4

5
10

■

Insur Co of NorthAmerica

-

199

-

25V2"*'

First

234
'

40

•

12

United etates Trust-:

Aik

10

Surety

▲etna Insurance

-

25

Title Guarantee A Trust

Insurance Companies

;.i7%

52%

41%

12 %

"

31,

'

16 /

.

^ 44

228

100

City Bank.

20

■

•

1.360

50%

20

-i

_

Bank

Peoples Hrst National
Bank & Trust——

'

30

..

42 '

•

....

.

.

.

Melton Natl Bank & Trust

289

.

.100 1,320
„25

.295

City Bank

Farmers Deposit

32 !

1,360

.

;

—10

190

100

100 ,'500

l-i Pittsburgh "

.17%

-

•

27

New

Par

280

<

Industrial Bank of Commerce. 10

National

9

16%

,

1001,300 '

7.35

~Shares

94

10 'J 30%

—

Bank

:

80 Vz.

34%

.

91

-

100

Savings
Co

;i.

.•;?' Detroit-r-

54%

National

6.77

Amer Trust Shares—
Series 1955.
-

-'

52%

:_50

Bank
&

Trust

National

Central

.

-

78

185

10%

National

Plains, N Y)—_—16

Trust—33Vi

&

Cleveland

50%

Ask

175

«!.^- i'i- ■; '■ •••:*• Irc

*

44 Ya

9%

Co

Trust

Ya

48%-

Exchange Bank A Trust.20

(White

North
-

■t 37

%

Bank

National

Harris

Northern

Trust—

A

l

J2 50

Independence Trust

4.81

Mutual Fund...*
LoomIs Bayler Second Fund-—10

Loomis Sayies

First

94%-

-

42%

—20>

i

__

Morgan

8-4 (Low Priced com

Knickerbocker

35

•

133

91%

10

Empire Trust

Shares—

E

128;
-

15

Trust

&

Bank

Stamped

17.25

Bank

Bank

I Trust Co
Continental

"

6.75
.9.03

National

43

41

.100

—

100

Illinois

National

Commercial National Bank St

5.84

18.43

—

City Natl Bank & Trust

336

321

Bid

Chicago

Continental

100

Trust)

Chemical
18.67

Par

25%

2418

York

Fifth Avenue

Central Hanover Bank A Trust 20

72c

64c

25c

Co—10

Companies

Atk
■

the

Bankers

9.54

Bid

York
of

Bank

96c

87c

46.50 ;

Union Preferred Stock Fund—1
Union Common Stock Fund
l
United Income Fund Shares
1
Wall Street Investing Corp
_1
Wellington Fund
1
Whitehall Fund Inc
1
Wisconsin Investment Co
1
■-">
Unit Type Trusts—\

Keystone Custodian Funds—
B-l (Investment

10c

Par
New

Brooklyn Trust

1.12

Trust

1
Inc

Co

Street Investment Corp.*

Television Fund Inc
Trusteed Industry Shares
Union Bond Fund series A

84c

76o

lc

Investors Management Fund_L-l

Invest

K,

5.60

Banks & Trust

8.27

7.55
•

2%

Sovereign Investors

21.77

20.14

Standard

:B-3 (Low

2.38
28.13

5.52
4.21"

Incorporated Investors

Investment

2.17
26.16

4.40

-

Income Foundation Fund

Institutional

14.60

1
1

lc

Howe Plan Fund Inc

15.67

——1

lc

Bhares

Utility shares

_

.

8.09

lc

Railroad Bond
RR

***;

shares

shares

Petroleum

_

Price

Ask

1.60%

Chemical

Food

103

4.81

Building shares

_

100.10 ,100.18
102.22

—

3.51

14.21

Bid

1, 1949

IIVis Jan.

3.55

3.21

1, 1955-1953

IIVis Mar.

5.85

3.25

2%s Feb.

,1

.100

1.45%

—

6.92

lc
lc

Agricultural shares
Automobile

1
1

119%

1C0.7

99.24

—

2.99

4.40

Building supply
Chemical
Corporate bond series
1
Diversified Industry
1
Diversified Investment Fund_l
Diversified preferred stock—1

Group Securities—

Ask

100.3

—

4.42

1

l%s Jan.

l, 1952-1950
1, 1953-1951

1950-1949

6.78

4.04
2.74

Low Priced Com Stock Series 1
New England Fund
1

5.93

4.65

series

stock

Common stock series

6.20

1
1

l%s May

118%

.1961

1950

11 Vis Oct.

6.36

1

Selected Group Series

Franklin Custodian Funds Inc—
Preferred

5.82

100.7

Int. Rate

Certificates of

7.21

1

Series

6.60

1,

Dollar

9.12

1

l%s Oct.

100.5

Maturity-—

14.28

8.44

100.3

Treaaury Notes—

I1V4S

Stock Series
Industrial Stock Series

30
5.39

28%

Stock

13.30

—1
1

1C0.1

»

U. S. Certificates of Indebtedness
lAprl1 1,

Income Series
Speculative Series

Howard—

A

Balanced

1

Nation-Wide SecuritiesBalanced Fund
Notional Investors Corp
National Security SeriesBond series
Low Priced Bond Series

26.90

Fund

5.46

3.56

Fund Inc_l

Mutual Invest Fund Inc

5.93
14.38
1.55

Investment

Non-Ferrous Metals
Paper shares
Petroleum shares
Steel shares

Mass Investors 2nd

Century Shares Trust————1
33.14
35.64
Chemical Fund
1
13.45
14.54
Christiana Securities com
100 3,350
3,500
Preferred
U00
134
139

Bid

4.65

3.53

point

a

Bonds—

3.84

4.22

lc

•
1

of America

*

Bank

3.29

7.35
15.09
5%
2(4

1
1

32nds of

more

or

cr

Panama Canal 3s

lc
lc
lc

one

Federal Land

A*k

Bid

3.71

6.80
13.88
4%
1%

-5

Bowling Green Fund Inc
Broad Street Invest Corp

Delaware

3.93

3.11
3.36

4.00

9

Corp

Commonwealth

3.71

3.65

Beneficial Corp

Blair

3.36

1

Axe-Hough ton Fund Inc
Axe-Houghton Fund B

Banks—

l%s Sept. 15, 1949
1%S Jan. 20, 1950
Other Issuea

8(4

A

Loan

3.39

1 "

Ollstocks

Standard
series

Home

3.07

2

Shares

Business

Shares

Federal

lc

Business Equipment shares-lc

32%

31V4

Figures after decimal point represent

Ask

Bid

Par

Managed FundsAutomobile shares—

5.12

3.73

10

Obligations Of Government Agencies

Mutual Funds—

1V4

Inc

Holding Corp

Associated

Aik

Bid

Par

a

Odd lot

sale

(not Included in

included

in

change,

n Admitted

liquidating
issued,

x

year's

range),

to

dividend.

(Un)

Ex-dividend.

•No par

value,

e

year's range).- bBig yield price,

Ex-interest,

trading

N.

Y.

Admitted

y-Ex-rights.

tin default.

z

f Ffat

CuTb.
to

r

d Deferred delivery sales (Jtot^

price,, k Admitted to listing on N. Y. Stock
Cash sales (not included in year's range),
t

Unlisted

Trading

privileges,

wd When

delivered,

Ex-stock dividend.

IThese

bonds

are

subject to all Federal taxes.

'

Ex-V

Exwi When

THE

COMMERCIAL &

FINANCIAL

CHRONICLE

(727)
Week Ended

;•

THE COURSE OF BANK CLEARINGS

Third Federal Reserve

F

Bank

clearings this week will

Preliminary figures compiled by

show
based

us,

decrease

a

with

compared

a

ago.

year

cities of the country* indicate that for the week ended Saturday, Aug; 20?

ings will bfe 5.4% below those of the corresponding week last year.
total stands at

this center there is

gain for the week ended Friday of 3.5%.

a

for the week follows:

summary

-

" ~ *

Our comparative

3,223,147

653,000,000

2,893,804

3,251,791
5,609,657

n

5,242,631

2,397,012
3,684,525

YorkDel a wa

$4

re—Wilmington.

—10.4
5.6

6.3

788,000,000

—11.0

2,693,859
4,362,631

—

6.5

—

—45.9

4,431,727

—16.9

ll[821,344
839,425,630

1.812.335

7,393,900

+

894,449,154

1.8

11.6

9,877,767

.

Total

(11 cities)

6.2

—

824,319,536-1

Clearings—Returns by Telegraph
Week Ended Aug. 20

'J

1949 j

York

New

Fourth Federal Reserve
District—Cleveland-

3.5

$6,579,530,041

$6,'356,038,' 159

686,870,803

604,978,139

+13.5

Philadelphia

890,000,000

1,062,000,000

—16.2

438.917,319

452,607',868

__

Boston

San

+

—

Ohio—Canton

305,137,283

—14.0

Francisco

338,077,000
309,235,778

—14.6

Cleveland

286.977,516

340,982,551

215,182,477

224,177,528

—17.9

28,998,400

4,922;953

—26.9

Ten cities, five days

Other cities,

788,899,793

$10,184,768,292 $10,-289,534,306

fiVe days...

Total all

2,729,091,185

2,300,523,125

>

$12,485,291,417 $13,018,625;491

citlelr, five days

All cities, one

day

-

in

780,751,540

473,739,219

.

Total all eitief

J

—

.

—

$13,059,030,636 $13,799,377,031

issue of ..next i week..

We cannot furnish them

—

4.0

(7 cities)

West

Virginia—Huntington
Virginia—Norfolk.

1.0

—15.7

2,501566

—

4.1

District of

—26.5

—

Total

5.4

1
In the elaborate -detailed statement, however, which we present further below
ffwe are able to give final and complete results of the week previous—the week
For that week there was'a decrease of 7.9%, the aggregate of clear-

*ending Aug-. 13;

week in 1948.

same

located and from this it

are

that in the New York District (including this city) the totals suffer

by 15.2%, in the Richmond Reserve District by 4.3% and in the Atlanta Reserve $
District by 7.8%^;:The Chicago Reserve District records a loss of 15.9%, the St. Louis

Macon

Mobile

decrease is ? J 6,$%| m • the' Dallas Reserve District 10.7%

.

furnish

Total (10 cities)

>5;-

Seventh Federal Reserve

SUMMARY
.

—12

"

Ll—--11»

«fd-Philadelphia

6 th

8

Richmond

9th

>

6,457,506,259

H >'

•

Minneapolis

"

.398,134,664

.

—

502,733,670

"

?

We

.

now

—

6,875,192,507 I

809,380,948

>

380;566,256

358,310,975"
487,316,972

386,209,834

——

V;

:

Worcester.

.

;

.

'

——,

Des Moines

29,477,094

SiouxCity.

;
—

Missouri—St.

'

;

New Haven

6,298,935,743

\

■

f'.

.

,

'

•

7

\

■

-

-

1

Total (12 cities)

_

v'7-v

74

>

-

V

V'../T

.

7

HfOr York—Albany?. —

$

•

Buffalo
Ehnira

—

v

'

*1,597,484; ;

,

3,477,538

.

'Syracuse

1,496,386

394,827,036

388,631,384

5.0

1,635,304

^

i* ;

Connecticut—Stamford-^x—|

y

10,733,732
•

•:i

24,546,000

1,530,986

804,617,342

.

234,400,000

217,800,000

7.0

99,912,022

06,396,390'

-3.2

67,460,933

65,196,231

-

>

-4.7

435,964,252

—

1,960,895

1,173,635

403,733,850

380,566,256

.

9.4

District—»Mlnneapolia
6,421,670

—10.9

239,928,761

271,175,835

—11.5

80,715,007

79,950,349
>
8,512,116

5,719,756,:

6,383,638

Total {7 Oitlesy..—

349,208,948

+

6,399,354,
249,152,156
81,047,356
6,763,499

1.0

5,425,227

223,597,362

3,403,523

69,832,451
5,658,622
2,662,951

6.6

3,166,903

2,718,314

4.0

8,378,184

7,597,073

—8.8

358,310,975

317,492,000

—25.0
—11.2
—

+

r

—22.1

508.543

440,655
698,816

8(259,042
121,802,695

8,540,377

7,665,068

+ .11.4

—15.3

.

473,867

—

659,588*
7,171,450 >
121,051,684'

9.5
9.5

11.322,519

13,363,462

T

264,0.76,501

333,742,891

"^11.0

2,684,150

11,814,577
2,696,727

2,431,024

2,239,737

413.239,051

502,733,670

j

8,058,320

>

Colorado—Colorado Springs

(10 cities)

—

+

.

;

7,498,885 <
10,721,0401

—20.9

10,510,888

St. Joseph

:

290,384
485,975
5,651,742
92,969,463
5,343,457*
.

J

—35.7
—

X*

Missouri—Kansas City.

Total

+ 15.4

449,339

Omaha_

720,509

.

382,872,986

7,480,501
110,235,209

Lincoln

Pueblo—

605,899.

"

Tenth Federal Reserve District—Kansas City—

—

5.1

+

8,335,808

324,088,584

261,200,123
8,439,495

11,697,570-

2,113,376

0.5

8.5

1,806,359

1,840,928

y

:

-

1,687,026

487,316,972

386,209,834

6,878,975

6,400,550

207,738:000

—16.8

184,527,000

Eleventh Federal Reserve District—DaHas—

4,953,662

1.0

26,314,511

1.5

22,195,800

>

7.4'

8.247,259

%

r-:: i,i87,4ii

Galveston
-

'

1,014,319

209,119,925

Fort Worth

21,548,400
.

+

2.3

'

-

8,972,996
,

•;

*

Texts—Austin
Dallas—

8,204,949

—19.7

-

i

4,593,427
20,892,50-5

;

26,978,828
5,108,000

•5,155,000

Wichita Falls

>

4

—12.6
+

27,071,9075,413,439

0.9

5.5
3.862,061
10,000,714 s —10.3

3,650,032

—

'

8,972,098

,

—11.3

235,651,339

23,571,900

,

—

Louisiana—Shreveport508,659,723

v

'

3,014.883

22,116,617'
4,109,000

2,320,428
7,547,580'

-

7,963,130'

—11.2

473,717,937

462,077,432

Total

(6 cities)

258,716,214

289,659,282

—10.7

227,030,145

258,080(334
'

■

Newark

3,428,527

77,792,332

1,674,282

2,107,092

New-lwuoy-




6,225,685,590

6,503,938,253
21,210,702

11,925,166

12,984,135

11,204,937

11,425.010

■

591,909*

37,350.6*59

-

Total (12 oltlMV

'

,

.

--"K'

!->
30,563,405

70,620,961

587,269

NSw Jersey—Montcldir—-

Nnrthpm

-12.2

73,527,227
1,883,177

395,180,145

1,701.442

—

5,425,772 -s

17,312,336

——.—.v

m2—

—^

106,953,848.

1,794,398

St. Paul

4,571,700'.;

23,440.939 '

1,915,639 ;>

—

874.053.4i0

l'\

2,059,067

3.217,641
'

'Rochester

4,039,446

2,584,304

.5,874,797

32,790,291

_

: '•

2,830,926
10,445,308)

3,235,495

—15.9

253,600,000

99,492,261
71,193,486

Wichita j.

1,773,660

451,824,177

.

•NewYork,

10,228,148
804,977
632,291,122

:>->7i;':7'*V;';/:!

-

-

994,190,418.

222.700.000i

Minneapolis

$

6,944,683

1,587,855

Blnghamton

Louis

Ninth Federal Reserve

19J6

Second Federal Reserve District—New Yerk—
••

—12.0

Hastings

1947

—11.3

■m

-

3,026,576

22,146,555
>

•

.

—

4.9

t

2,876,448

.

1,080,442
680,552,2372,769,281
12,909,443
4,903,475

—22.0

■

47,524,067

12,566,246

+ 10:9

Nebraska—Fremont

Aug. 13

'

\

—

4,664,490-

Minnesota—Duluth^

each city for the

—11.0

-;rl>43^4l>

:

23,798,735

836,452,349

,

Total (4 cities)

5,843,977,893

7,679;721

19,706,900

NOW Hampshire—Manchester

3,704,853

8,786,319

1,978,092

10,571,045

^

3.8

9,138,893

5,147,738

Rhode Island—Providence

—

..5,173,606
3,456,330

Helena.

'

■

51,527,400 f

3,254.067
12,864,780

,10,039,156
4-..:;

Kentucky—Louisville——.;
Tennessee—Memph J s
Illinois—Quincv

^

23,683,975

:

3,034,996

•

'

^

•>

0.9

27,415,921 ;.>• + 7.5
13,516,596
+
2.3
1,192,060
—11.6
779,738,383
—20.1

■

1,054,047
623,317,856

Chicago-

4,748,521

i
+

3,821,699

13,830,913

Illinois—Bloomington

4,862,221
44,372,000

48,129,000
4,958,021

59,002,493*

.3,676,985

.

2.3

+

—13.8

3,780,680
4,245,497

6,810,871

_

Connecticut—Hartford:

•

>

—20.2

6,587,224
,,»>

3,967,126

1,761,341

-

^2,720,976.

»'59,352,293:

.

Iowa—Cedar Rapids

6,020,177

52,553,000

3,355,767

—11.7

937,611-

■t.

12,492,894,458

—12.7

1,909,586

.

730.768 ;

r'

8,326,512
5,340,028

Montana—Billings

12,473,973,448

4,629,932' —17.4

423,884,868

1,814,077

New Bedford—_—:

6,971,147
4,949,982

North Dakota—Fargo—
South Dakota—Aberdeen

Dec. '/c

1,962,484
r"

374,414,743 t ;

-

1,196,"*59

10,169,816

5.1

Kansas—Topeka—

3,826:007,

"Lowell—.

1,827,837

2.0

227,030,145

Inc. or*

$

1,713,071 N

.

;Fkll River——

:

517,920,730*

+ 27.1

626,697,567

7.9

-

1948

$

■——...—

Springfield

542,273,263

—

258,080,334
:

-11.4

6,849,991,297

Itassachusjettsr—Boston
-

7.8

—

4,801,759

;;

;

Wisconsin—Milwaukee.

'

..

101,829,472

—

686,'963,952

—10.7

:

—T

400,704

96,598,183

6,647,982

—5,680,197

Terre Haute

317,492,000

First Federal Reserve District—Bosten—

i—

406,883

—12.1

1,680,152'

53,779,000"

.

SouthBend

804,617,342

403,733,850.

—12.6

6,072,123,599

-Clearings at—

.Portland-.-

V

-

517,920,730

add cur detailed statement showings the figures for

Maine—Bangor

—10.9

■

71,485,376
5,618,237

5,903,564-

11,304,818

,

Indianapolis

370,988,909

542,273,263'
874,053,410

289,659,232

1949

>'

—10.6

2,996;215
63,131,130

'

714,720,788

9.4

Week Ended

•

79,171,9821 '

•

.

383,635,276
!

—16.8

13,353,929,550

—

8

week ended;Aug;13 for- four years:

!

3.455,633
72,304,075

0.9

4

Eighth Federal Reserve District—St. Louta—

3.8

—

789,446,294

12,297,809,189»

———111 cities

Outside Newr York City—

+
—

6,307,055

Springfield—

462,077,432

i

ToUl

6;7

4.3

13,209,045
58,035,032
197,800,000
3,415,519

201,900,000
3,552,758

0.5

—

590,014,138

2,135,106

Indiana—Fort Wayne

-

758,398,805

4.3

258,716,214

■

•,

10

San FranciscocL-

*

824,319,536

7.8

690,125,322

"

6

Ilfh Dallas

6.2

—15.9

382,872,986

418,235;051

—

435,964,252

349,208,943

—

994,190,418

> lOttr Kansas ;City-|^-r--10H; "5;

112th,

415,839,330

395,180,145

:S;v;

6,423,169,138

—15.2

590,014,138

836,452,349

"

$

4.5

788,899,793

7

-

—

15.191,482 '
63,788,703'

8.4

1946

473,717,937

—

894,449,154

669,063,750

,■

•

-

—W.I

6,761,200,510

:

543,932,680

.

Dec. '.'c

S

4

16

-

LouIs«l-'-

—

11,075,956

Lansing-

Total (16 Cities)

19471

imc. or

•

508,659,723

839,425,630

•

10"

7th Chicago

8th St.

1943

451,824,177

?

i'th' Cleveland-------'-— .7 *'
8th Atlanta

370,988,909

District—Chicago—

Grand Rapids

CLEARI2 gsf^(

BANK

$

12 Cltleg

York—

OF

1949

Federal Reserve Districts

2nd New

543,932,680

Michigan—Ann Arbor

Decatur

by Federal Reserve Districts:

a summary

Week Ended Aug. 13

lit Boston

383,635,276

86;735,186
6,926.930
452,524
106,855,128

93,883,557

Peoria

we

4.3

1

413,223

Orleans

RockfOrd^

following

2,773,961
180,121,128
62,052,016

4,315,039
>3,610,02073,167,452

85,990-745
v.;.; 6,192,508

Mississippi—Vicksburg

and in the San Francisco Reserve District 12.6%.

*n

63,914,185

221,200(000

3,454,548
73,568,373

——

Louisiana—New

Reserve District of 9.4% and the Minneapolis Reserve District of 8.8%. In the Kansas

;

195,586,012

8.8

17,118,532- —14.2
69,633,327- —15.1

59,118,420

Florida—Jacksonville.

1

4

1.7

+

415,339,330

202,600,000
4,023,899

Alabama—Birmingham

In the Cleveland Reserve District the totals have been diminished

<^ty; Reserve^ District t- the

9,129,000

114,321;566

—

68,944,712

Nashville

decline

a

4 Of 4.5%, in the Boston Reserve District of 11.2%, and in the Philadelphia Reserve
>

—13.4

199,685,598

398(134,664

Georgia—Atlanta
Augusta—

We group the cities accord¬

loss of 4.2%.

a

ing to the Federal Reserve Districts in which they

''District of 6.2%;

3,762,821

3,258,003.
75,032,857

2,591,238

11,001,000

107,523,644J
2,964,232

Outside of this city there was a loss of 11.4%, the bank

4 clearings at this center having recorded
appears

2,646,203 i

0.6

+

—15.1

196^226,865

Columbia—Washington

(6 Cities)-

—18:9

128,219,547

Tennessee—Knoxville——14;687,407'

I'ings for the whole country having amounted to $12,297,809,189 against $13,353,929,550

•

714,720,788

Sixth Federal Reserve
District—Atlanta—

has to bie estimated.

cases

|

;

758,398,805

12,141,000.

108,901,373

Carolina—Charleston
Maryland—Baltimore

'

i

3,445,154
5,843,027

247,928,739

3,085,652.

12,214,000

Richmond-.—

today, inasmuch as the Sveek

Accordingly, in the above the last day of the week in all

I;

5,674,474

260,225,703

—

Fifth Federal Reserve
District—Richmond—

!>i eiids Saturday.and the Saturday figures are not available at time of going to press.

J: in the

3,982,558

9.9

—

■ .M

Total

Complete -and exact details for the' week covered by the foregoing will i appear

;

our

6,806,319'

2:2

—13.2

269,480,679

South

:

6,451,206

—15.8

Baltimore

41,251,600

280,528,412
24,192,800

669:063,750

6:9

314,693,000

146,331,450

297,526,554

-6,653,769
242,846,886

Pennsylvania—Pittsburgh

264,217,162

6,965,149:
157,025,967

—20.8

3,539,467

Youngstown

Pittsburgh

—20.0
—12:6

302;"3a,036

Mansfield.

—16.9

296,300,000

7,858,910
155;649;296

33,885,300

Columbus

.900 10c

239,773,933

Cleveland-

3.0

253,479,974

...

c

136,016,259

Cincinnati-

254,900,000

City.

St. Louis'

809,380,948

1948',

■■

Chicago.

Kansas

919,742

2,833,366
778,000,000
2,588,392
4,237,406
2,071,329
4,043,084
5,771,922
6,964,835

3,975,508

4-

7,644,692
10,593,831

£

1,080,447
870,425

1,168,712
2,965,297

—

2,831.0^2

7,783,419

New Jersey—Trenton

1,250,399
813,128

9.8

—

799,000,000

Philadelphia
Reading

At

1947

3.9

—

1494,410
3,414,022

Laneaster-

Our preliminary

week in 1948.

same

'it'

1,216,042

1,070,345

Wllkes-Barre

$13,059,030,636 against $13,799,377,031 for the

or

1,261,920

1,09-3,85 9

Chester

fQr all cities of the United States from which it is possible to obtain weekly clear¬

Aug. 13

Inc.
Dec.

S

'•

\ 212 544

,

Bethlehem

clearings

1948

■

$

'

_

District—PMladelphia—

Pennsylvania—Altoona

telegraphic advices from the chief

upon

1949

'■

■/'

43

41,147.979

43,307,905

54,336,884

6,457,506,259

6,761.200.510

+
—

—

—

7.3

35.538,614

32,550,059

6.2

2,650,586

2,390,991

9.2

82,209,377

72,787^65

5.2

1,421,507

1,269,660

9.1

1,976,407

4.3

6,175,037,705

—18.4

18,313,040

17,610,529

10,341,289

10,572,569

—

—

—

—

—

8.2

1.9
0.8

1,671,730
■

6,648,916,565

10,-279,554.
-

844,737

—20.3

45,554,547

4.S-

—

Yakima

3,602,703

136(973,757
46,464,371
14,100,686
9,723,101

Utah:—Salt Lake City.

California—Long Beach
Pasadena

-

San Francisco

.

San Jose
Santa Barbara

Stockton

_

—

349,139,067
11,354,529
4,469,568
7,619,105

:

■

.

V

.

58,199,708
11,693,799

—

1.3

—14.8

—20.2
+ 20.6

+

7.6

9,036,197
398,640(694

—12.4

12,884,966

—11.9

4,240,221
8,859,660

99,641,018

—12.2

+

5.4

--14.0

'

••

3,939,743
109,910,196
45,867,342
9,768,219
8,104,502
383,992,590
12,927,045
4,206,212

94,013,992
3,795,847.

•

95,199,675"
39,990,028.

2,809,807
-

7,733,024{

361,113,818

10,602,6821
3,247,476

8,607,085

8,191,218-

686,963,952

626,697,567-

8,485,351
•

39,001,775

—

Washington—Seattle

Oregon^—Portland

'-

121,478,330
3,650,586
160,762,133

106,678,435

'

9.2

—

i

Twelfth Federal Reserve District—San Franclsse—

6,423,169,138

528,939

35,414,833
.

.

42,994,016

6,875,192.507

Total

690,125,322

(111 cities)..
Outside New York-—-..
tNot

included

In

.

totals.

*

789,446,294

12,297,809,189

(10 cities)

Grand Total

13,353,929,550

6,072,123,599

6,849,991,297

tNot available.

—12.6

—

7.9

—11.4

12,473,973,448: 12,492(894,458
6,298,935,743
5,843,977(893

44

&

COMMERCIAL

THE

(728)

FINANCIAL

CHRONICLE

Monday," August 22,-1949
PARTIAL REDEMPTION

Foreign Exchange Rates

Company and Issue—.
'

give below

record for the week just passed:

a

FOREIGN

AUG.

12,

TO

1949

RESERVE
AUG.

BANK

TREASURY

TO

TARIFF

UNDER

AOT

1930

OF

1st

Noon Buying Rate

mortgage

1st

for Cable Transfers in New York

and

$
.297733*
.251247*
.200000*
3.211316

Argentina, peso—
For

"regular" products
regular" products

'

For "non

—

For certain industrial products

Australia, pcund

—

Belgium, Irene
Poreign "bank notes"account

^

"

Aug. 18

Aug. 17

$777; 77 7 7''$ ;0

7:7."

r

'7,:

'777

$

.297733*

.297733*
.251247*

.251247*

.251247*

.200000*

.200000*

.200000*

&

3.211150

3.210150

3.210150

.022750

.022750

&

.022750

.021787

.021775"

.021775

.054406

.054406 :

1.000000

1.000000

1.000000

1.000000

.951250

.949687

.950937

.301166

.301166

.301166

.301166

Safeway-Stores,

.020060

.020060

.020060

Saint

.208535

.208535

J

.951250

>

.301166

<•

\

.020060

<.•,

<7"

.208535

.020060

.208535

•

;

'

j

7v

.004671*

■'■■

7

t>

■

.301678

Netherlands, guilder
New Zealand, pound-

.301678

.301678
.115706

Philippine Islands, peso

—

Portugal, escudo

.040186

Straits Settlement, dollar

.376055

.376050

.497400

.497400

.497400

-

.040193

.040181
.469500

.469000

,278223

.233629

.

.278228

4.007500

4.007500

4.030195

'

77'

—

.040175
7

V :

7

*

498

mortgage series B 3(4% bonds, due 1971..
—Oct
Corp.—
(now 1st) mtge; bonds, due 1952
—Oct

1

402

1

536

l;!r

533

Union

.561799*t

.561799*1

.561799*1

,r

.531909*1"'

.531909*1

'

7

all

Demand

7.

Hold

certificates

Redemption

—_

fund

for

F.

Industrial

U. S.

1st

/

+

962,761

1,607

+

5,577

+

102,113

—

Demand deposits credited to

518

Water

1st

Works

mortgage

6,256,900

i

132,100

350,600

—

Notes

2,000

7,775,200

U. 8, Govt, securities.

380,000

—

—3,311,662
+

of the

domestic

Total

loans

from

F. R.

Notes

Uncollected
Bank

and

securities—

18,466,520

foreign banks
of

1,128,493

$36,000,000 in the Chicago District.

A summary

other

banks

first

assets

Total

*13,231
438,288
4,804

2

45,081,204

-

218,616

+

—

—

+
—

"2,997

Loans

170,421

Deposits:

which

U.

S.

notes

23,276,919

12,219

Treasurer

—

gen.

acct.

17,095,578

251,084

acct.

443,782

74,276

Foreign

492,553

1,869

Other

476,999

15,600

207

Total

deposits

Commercial,

—2,645,852

2,449,418

liab., incl. accrued dlvs.

—

—

■

+
—,

163,077
390,912

8,597

paid

Surplus

44,243,846

955

+

214,661

in.

206,906

136,198

45,081,204

+

combined

Name of

+

S.

7,680

make

808

2.067

—

29

+

—

74

+ I

223

—

+

4,161
4,046

securities—Total

36,144

S.

bonds

1

tin Volume

169.

preferred

with

Banks

$4.50
Allen

...

77-

467
157

3

—

27

*21

—

18

+

+;

)

274

+

Co.

of

9-10'
9-10

9-15

9-

Corp.—
$1.12(4
Co.

371

+

+

1,484

7%

Cigar

Inc.,

9-20

12-

1

11-2

10-

1

9-15

-

Co.,

$1.75

9-15

,.$1.50

9-30

9-15

30c

9-15

9-

1

common—

1

10-

1

9-

1

9-

2

9-15

9-

7

9-15

9- 7

1

American

9-20

25c
.7:

District Telegraph Co.

;

482

+

1,834

American

Encaustic

+

27

—

1,455

American

Export

+

58

+

21

10-

$1.75

(N. J.)—

Quarterly

+

"

2

10-

(quar.)

common

(quar.)

I

87(4c

v

25c

preferred

9-

37(4c

(quar.)_

(quar.)

Dairies,

9-20

1

75c

(quar.)

Extra

266

*3

1

10-

7 ;7-

Inc.—

(quar.)

preferred

10-

5c

(quar.)

Ltd.—

preferred
&

1

2(4c

$25c

Canada,

Cigarette

4

9-30

9-30

(quar.)

preferred

American

22

+

8

+
—

8-20
9-10
,

Equipment

convertible

3(4%

1

133/4c

(accum.)

par)

Colortype Co. (quar.)
American Cyanamid
Co., common

44

9-15
10-

34%c

(accum.)

($25

—

American

Holder4

Payable of Ree.

J25c

(quar.)

&

preferred

6%

(quar.)

par)

Extra

4%

When

Per

Ltd.—
$$1.25

Steel

preferred

Electric

40

12,868
762

domestic

banks

2,141

-

Government

to

Tiling

Lines,

9-15

$1.25

9-

I

+

623

American

Fruit

544

American

News

Co.

—

347

American

Stores

42

—

41

American

Sumatra

+78

—

114

+

Inc.

46,268

—

15,290

—

—

433

7

+

392

2.080

+

369

+

610

8.691

deposits

+

158

—

291

1,358 7

.

'

demand
and

228 '

deposit accounts, except
U.

S.

Govt,

14

6

—

152

~

$5

Edison

Tobacco

Co.,

12(4c

.7

;

Corp.

(quar;)—

Co.

revised

figures

18

—

'>

27

+

86

r~'

;

18,191

25c

Below will be found

preferred and
including

common

those

called

a

list of corporate

bonds, notes,
called for redemption,
under sinking fund provisions.

stocks

ing tenders, and the page number gives the location in
(except where indicated) in which
details were given in the "Chronicle."

the current volume

the

„

Company and Issue—
(Walter E.)

1st

mortgage 3%

Long Beach Gas
Melville Shoe

Pennzoil

Co.,

bonds, series B,

Co.,

Corp.,

ser.

8-20

9-15

8-30 f
8-30

8-31

Garden

.

$3

7%

Co.

Water

Electric

(quar,)_—

preferred

(quar.)—_—7

Inc.

Inc., 1st mortgage
4% preferred stock

Permanent

Canada

Wire

common

stock

——

(quar.)

Mortgage

1

9-15

11-

1

10-14 v

1

9-15

10-

10-

1

9-20
1

9-157
9-10

9-10

50c
15c

9-

10-

$25c
t$2

9-

8-15

10-

9-15

8-30

9-

8-19
9-15 ;

9-15

$50c

9-15

8-31

9-30

9-

9-30

9- 9

$1.75

preferred

(quar.)_—————
Electric Co. (quar.)

Industries,

7%

preferred
&

495

3(4%

495

Central

>3.6%

Ltd.,

9-

4(4%

*

9-15

$17(4c
+$1.75
$1.06(4
$2
25c

10-31

9-30

9-10

8-2S

1

9-20

7 9-1

:8-li

—

preferred (quar.)

Telephone & Telegraph (quar.)—

Plywood

Corp.,

common

preferred

(quar.)—

(quar.)—

1

—

58%c

10-15

9-15

9-

1

8-15

10-

1

9-23 4

9-10

10-

8-25

Light & Power Co.—

preferred

(quar.)

,

9

1

t$2

(quar.)

common

(quar.)

Co., Inc.,

Ohio

9-30

10-

,

9

—25c

General

,

8-31

t35c
t25c
|433/4c

B

Extra

•

10-

Celanese, Ltd., common—
preferred
(quar.)_—.———————

Class

$1

,

f

34%c

Corp

Canadian

Carolina

■■

8-197

t$l

Cable, Ltd.,

Canadian

Aug 22
Aug 22.
Aug 22

8-16

.8-25

Class A (quar.)

&

7

10-

28c
28c
75c
50c

,>

Campbell, Wyant & Cannon Foundry Co
Forge Co., common (quar.)
5(4% convertible preferred (quar.)_—
Canada Flooring Co., Ltd. $1 pfd. A (quar.)

595

5s

(quar.)

Service

Canada

9-16

9-15

Camden

Carman

16

$1.75

63c

(quar.)—

Co.,

1

7 9-15

—;——

preferred

Ink

9-15

9-

7. tl2c

(quar.)——————-7—75c

Water

398

Sep

$1.25

.

9-30

Co—

convertible

Page

1975

-

._—

convertible

5(4%

$4

■

preferred—

Power

preferred

preferred

5.60%

,

Apartments

Dry Dock Co., Ltd., Class A (quar.)

Cascades

due

1

9-16

,8-29-.

Sep 26
A mtge. bds._Aug 23

preferred stock.'—

Lehigh Coal & Navigation Co., 3Va%
Lehigh & New England RR.—

9-

9-15;

77

Engine Co.—

A

..

Date

Co., 5V2%

2

9-15

9-10

quar.)

(W.

Canadian

NOTICES OF TENDER

Heller

1

9-

>9-20

-9-26

Imperial

Series

California

The date indicates the redemption or last date for mak¬

.

9-15

10-

-

2

preferred (quar.)_
7 56(40
H.)
Company. <quar.)———
25c
Beech-Nut Packing Co. (quar. )_-v——^
40c
Briggs <fc Stratton Corp.- (quar.)_—
d25c
Extra- 7——;
———_—d35c

Atlas

Barber

California

Notices

the

I;,,;

1

9-

9-30

Burrard

(Boston District).

Redemption Galls and Sinking Fund

ended

9-13
10-15

9-23

9- 2 :

75c

Butler

statement of weekly reporting member
Reserve System in
leading cities

1

10-

$1.25

•

(increased

7

9-15
10-

$2.25

(quar.)

(quar.)

common

Investment

50c

10-

$1.75

Co. (quar.)

pr. pfd.

Brooklyn Telegraph & Messenger (quar.)_.—
3

25c

35c

(quar.)——

preferred

Associates

-9-1

(quar.):

American Telephone & Telegraph
Arizona

8-24

7 9-14

Brooklyn

—

accounts,
;

(reduced)

(bi-monthly)—_

Co.

8-31

50c

77

Inc

Growers,

+

—>166

12(4c

(quar.)

Apex Electrical Mfg. Co., 7%

1,459

amounts

table in

second

share

($10

326

4,885
Reserve

deposits adjusted
deposits, except Government..;

S.

♦Aug.

$222,000,000 in New York City, and by smaller

a

in our "General Corporation
Department" in the week when

Refineries,

preferred

+

vault

in

Debits

Holdings of Treasury bills decreased $40,000,000. Hold¬
ings of Treasury certificates of indebtedness increased

follow with

name

preference

—

26,452
Federal

banks of the Federal

t

Jan

Corp.—

conv.

$2.50




112

certificates

(quar.)

partic.

6.042

Interbank demand deposits:
Domestic banks

following principal changes for the week
Aug. 10: Increases of $371,000,000 in holdings of
United
States
Government securities,
$369,000,000 in
United States Government
deposits, and $158,000,000 in
demand deposits credited to domestic
banks, and a de¬
crease of $152,000,000 in
borrowings.
Commercial,
industrial, and agricultural loans in¬
creased in nearly all districts and a total of
$80,000,000
at all reporting member
banks; the principal increases
were
$38,000,000 in New York City and $20,000,000 in
the Kansas City District.

we

News

Sugar

1,087

Time

65,044

Condition Statement of Member Banks
shows

400

1

Company

Foods

California

The condition

1

-Oct

77 77

2,563

indebtedness.—

of

during week

+

stock— -Oct

American

notes

with

indus¬

trial loans

A

Aluminum

Liabilities-

.3%

7

Then

Amalgamated Leather Cos.,

or

Borrowings

+

trust

this issue,

company

5(4%

1,907

—

Government

interbank

3,279

—

609

certificates,

U.

on accept¬
purchased for foreign

correspondents
Commitments to

*80

272

loans

Balances

Oontingent liability
ances

+

bills

18,522

218,616

'7

12,906

Other securities

-

+

399

are

preferred

Class
Airlines

792

obligations

Foreign banks55.9%

397.

1957——. -Aug 22

'

gold certificate rezerves, to deposit and F. R.
liabilities

105

The dividends announced this week are:

1,173

pur¬

Demand

3,852

—

loans

estate

Treasury

3,331

+

+

18

458

Treasury

of

note

for

U.

accounts,,

+

+

agricultural

dealers

purchasing

Treasury

125,630

—2,737,098

■

855

carrying:
Government obligations

Real

27,543

Total liabilities & cap. accts.

-

103

+

466,711

—

Loans to banks

U.

—

for

Reserve

(Section 7)—
(Section 13b)-

capital

and

19

securities

94,714

-

liabilities

In

Investment

6%

Government

98,770

—2,022,403
—

S.

and

411

+

Other securities

■

+

1

show the dividends

we

under the

carrying:

or

Cash

Oapltal

Surplus

Batlo

S.

U.

506,942

—1,519,522

Capital Accounts—

Other

brokers

to

Other

585,729

-

Total

industrial,

—_

Loans

'

18,508,912

Deferred availability Items

collateral

Allcgheny-Ludlum

+

23,483

Loans—gross

35,238

Other

Other

due

A,

Co., $2.40 pfd.
mortgage bonds, due 1951

5(4%

23,178

Other loans

bank—reserve

series

1

previously announced, but
which have not yet been
paid. Further details and rec¬
ord of past dividend payments in
many cases are given

1948

64,207

Loans—net

•

Member

Investments—Total

1949

(in millions of dollars)

-

and

Aug. 11,

Aug. 3,

1949

—3,386,481

chasing

Reserve

104

-Sep
_Jan

grouped in two separate tables. In the
bring together all the dividends announced the

we

5%

Dec. (—) Since

U.

Federal

•

>

7

member banks follows:

365,444

Liabilities—

•

491

Transportation Co.—*

4%

Acadia-Atlantic

loans

assets.

bonds,

current week.

of the assets and liabilities of reporting

Assets—

124,369

premises

Other

277,895

123,727
2,676,790
32,696

2

I

■

—3,324,725

49

Items

1
15

77 3

DIVIDENDS

and

districts. v

Aug. 10,
Due

Rys.

Dividends

Borrowings decreased $120,000,000 in New" York City
and

—1,507,000
+

18,225,995

1

—Sep

v.

,

Food' Products

Power &

•Announcement

Inc. (-f) or
Total

Co.—

5%

•

—Sep

bonds, series A, due 1952—
Refining Co., 5% preferred stock——
Fireproofing Co., 7% preferred stock

declared.

77;7*7 :*7:77;" 170
245,900

in most

banks increased

securities:

Certificates

City and by smaller amounts in all of

61,586

3,843,295

393

in

$67,000,000

decreased

in the St. Louis District; the net

$21,000,000

the other districts.

28,900

240,007

and

000 in New York

42,583

296,742

.

Pago

'■77

7 ' 7

series A

City and $25,000,000 in the San Francisco Dis¬

United States Government deposits increased $234,000,-

920,178

advances

Date

mortgage

Joplin

.531909*1 »

decrease at all reporting member banks was $14,000,000.

$

+

Bills

Bonds

trict

Aug. 18,
77: 1948

34,609

—

loan:

Govt,

•

H- 7 33,002

.

,'7V

Water

General

trict; they increased $25,000,000 in the Kansas City Dis¬

77:

23,360,311

cash

and

7

1949

i

569,880-

Total gold ctf. reserves

Discounts

(—) since

R.

notes

Other

Aug. 10,
•'

CALLED

bonds, due 1952
mortgage income series B bonds, due 1957

Butler

Holdings

$326,000,000,

was

adjusted

deposits

New York

V'.

•

ISSUE

Canadian

y

reporting member banks

Increase (+ ) or de¬

r'-%
22,790,131,:,

-.Sep

of United States Government bonds increased $58,000,000.

dollars)

1949 :

'1952

due

all of the other districts: the total increase at

in nearly

Reserve Banks Combined

V; $

4%

Scullin Steel Co.,

Statement of Condition of the 12 Federal

;

..

bonds, series B,

Frontier

.561799*t
.

mortgage

United

Aug. 17,

*
...

Ltd.—

trust

Mickelberry's

Assets—

Depot Co.—

4.027500

.588223*1

-

.

493

597

stock—I ~I

preferred

.658300*1

4.007500

.588223*1

.531909*1

1

1971

Co., 7% first preferred stock
—Sep
National Ry. Co.,. 5% guar
bonds, due 1969 —Oct
County Gas Co., Atlantic Highlands, N. j —li> -' J 7 r

4.028515

4.028906

7

.233629

.658300*t

1"7

1969

204

1

5%

Company and Issue—

1st

.278228
'

658300*t

crease

due

398

1

-Sep

15

Inc.,

Securities

United

of

1970—

—Oct

collat.

1st

t Application depends upon type of merchandise.

thousands

due

_

.469000-

.588223*t

.531909*t

peso

493

*

1

Broadway-Cooper Corp.—

.588223*1"

.

1

American

.497400

.658300*t

.

1

Aetna-Standard Engineering
Co., 5% pfd. stock
—Sep 30
Bemberg Corp. preferred stock, cl. A & B__ —Oct 14

.201580'"

.561799*t

...

(In

Sep

—Sep

ref.

2nd

3%

3.987620

4.007500'

4.07500

4.030000

Closed

:

;

103

393

Oct

—

ENTIRE

.658300*t'
.588223*t:

—

debentures

*

—Aug 31

stock

77 \

bonds, due
Light Co.—

3(4%

Paul

United

.376044 '

.278228

.233629

7

.040175

.469500

,

.233629

*Nomlnal rate,

1970

Co., Inc.—

.115706

.201580

.278228

;

A——_—
Co.

.301678

7

3.988860

.201580

.233629

Uruguay, peso—
Uruguay, peso
Uruguay, peso

.004671*
.003028*

■

.376055

3.988860

.201580

Sweden, krona

United Kingdom, pound sterling—

!

series

'

3.990090

Closed

Switzerland, franc———.
Union of South Africa, pound

1241®

.

Electric

*

.469500

—

7

.115706

.201580
.497400 7

Norway, krone

/

..

.301678

.115700

.376088
3.990296

——

491

1

Street Towers

4.%
.004671*

.003026*

1

.115700

i

—

1

D, due 1962_Sep

ser.

„

preferred

3Va%

Electric

1st &

.208535

,004671*

.003028*
"

India, Dominion of, rupee

•

•

.003026*

.004671*

.003028*

—

;

Mexico, peso

Sep

—Oct

29th

(Metropolitan), franc—

Official
Free

mortgage

30-year

1

194

Sep

.950625

1st

Hartford

Czechoslovakia, koruna.

Co.—

Joliet & Eastern Ry.—
mortgage 3 (is, series A,
Empire District Electric Co.—

.054406

436

»

bonds,

1st

1.000000

Denmark, kroneb

!

debentures.

5%

due

394

30

*

1965

Ohio

3 (is,

Raynolds

1

Sep

Elgin,

3.209160

.022750

mortgage

394

.

.200000*

Devoe

*

1

7

<

RR.—

bonds,

Co., Inc.,
Southern

.021787

Ceylon, rupee

Uruguay,

■1st

.297733*

.297733*

O&nada, dollar—

Prance

Foil

.054406

*

Brazil, cruzeiro

Free

Sep

1963
7

1

Oct

due

A,

Terminals

5(7%

mortgage

Cochran

.022750
.021825
.054406

Official

series

mortgage 4C4%

Union

Columbus

r

.251247*

Closed

ref.

Cleveland

7V Aug. 16 7

Aug. 15

Aug. 13

Aug. 12

,

4s,

Soya Co., Inc., 3%
Chicago & Western Indiana

'1st
.

Sep

1954...

Central

Value In United States Money

Country and Monetary Unit

due

Pag®

'

3%

Corp., 5% conv, pfd. stock
Burry Biscuit Corp. $1.25 conv. preferred stock
Carolina, Clinchfield A Ohio Ry.—

INCLUSIVE

1949,

18,

mortgage

1st mortgage 5s,
Bingham-Herbrand

.

_

„

FEDERAL

BY

CERTIFIED

RATES

EXCHANGE

daily
world. We

the buying rate for cable transfers in the different countries of the

1st

bonds,
due 1965
Atlanta Gas Light Co., 1st
mtge. 3s, due
Bethlehem Foundry & Machine Co.—

Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies

Pursuant to the requirements of
the Secretary of the Treasury

to

Date

1

Allentown-Bethlehem Gas Co.—

——-

....

99c

,

:

Corporation
Chatham Manufacturing Co.—
•Class
A (quar.)
Class

,'9-1

8-20

Johns-Manville

9-

1

8-20

Jones

10-

1

9-7

8-26

9- 1

; 4%. preferred (quar.)__^^^_»—
Chesapeake & Ohio By., common (quar.)
conv.
preferred (quar.)___—
7
Chesebrough Mfg.^ Co. (Consol.) (quar.) — _

Cities

Co*;

Service

9-23

■

9-

2

9-

2

9-15

9-15

10-

:

preferred (quar.)
Cleveland-Cliffs Iron Co.,

'

(quar.)

common

Kendall

9-12

Kerr-Addison

8-26

Keystone

8-26

Kimberly-Clark Corp.,

Common

Title

Co.

Oil

Co.

/

Harvester

15c

,/"•

7%

£1

Paso

(Texas)—
(increased quar.)

"

"

(s-a)

Faber,

Coe & Gregg

5%
Fibre

preferred

'

Class

Extra

$2.50

common

-

'

25c

8-30

Power

Co.,

9-

1

$30c
$$1.25

9-

$3

1

Old

^

;$4.25 preferred series A (quar.)

,/

Georgia
*'

$6

Power

preferred

$5

preferred

75c

.

—;

'V

$5

'Safety Razor Co.—
preference (quar.)

Goodrich

? $5

;:

(B.

F.)

preferred

Co.,

$1.25
$1.25

(quar.)

Great Lakes Towing Co.—
Common fstock dividend)
:

7%

non-cumulative

Great Western Sugar
"

!

;

(reduced) '

.

Hammond

*

Instrument

Co.

'Harris-Seybold Co.,; common—;
$5 prior preferred (quar.)
Hart Battery CO., Ltd.—Hartman

35c

$10c

$3
-

'

Co., common__—.
non-cumulative preferred
(quar.)_—

$4

*

(quar.)

prior preferred
Hazeltine ■ Corp. .•*

$4

convertible

•Hollywood
Holt

5%

.=

Turf

preferred
Club

$25

class

preferred

/

12¥ac

A

'

50c
12¥zc

59c

preferred class A

9-

(quar.)

Common

$1.18%
"4.

international
6%

Bronze

Investment

'

9-15
'

Trust

of

9-15

9-31

9-15

9-

U.

U.

9-17

9-15
8-T1
9-

40c

9-30

9-15

93 %c

:

9

9-1

8-16
9-15

10^
9.

8-15

9-

8-15

$1

.

6%

1

8-19

8-16

8-12

9-

S.

9-1

9- 1

20c

9-

9-10

8-29

50c

9-10

8-31

50c

10-14

9- J8

$1

10-14

9-8

(quar.)

1

8-22

I

$3.50

9-1

8-22

20c

10- 6

9-21

20c

10- 6

9-21

10-

$1.75

—

Inc.,

9-

$1.25

9-21

1

--

25c

9-14

pfd.

4%

(quar.)—

50c

10-15

/10- 1

40c

10- 1.

9-

&

—

9-

6
3

$1.25

9-1

8-20

$1,37 ¥2

9- 1

8-20

9-30

-9-10

>

«

20C-

—

40C

9-15

8-31

50C

9-15

9-

37'Ac

10-1

'

2

Whiting
Wiser

8-31
9-15

97¥2c

10-1
9-30

9-

56 ¥4 c

—

9-

1

8-15

9-26

9-16

9

20c

9-

6

8-25

15c

9-

1

9-

1

10-

$2.50

%

•

40c

50c

25c

1

9-15

9-15

8-29

9-14

8-26

10-

1

9-

9-15
1

25c

10-

Machine

Works

1

9-15

0-16

8-31

75c

9-8

9-

75C

.

.

68 %c

■

1

10- 1
-

9-16

10-

9-16

1

10-

10-15

1

25C

10-1

9-10

15c

f—

10-1

9-10

75c

(quar.

Co., Ltd.—
American deposit receipts for ord. reg—
Wright-Hargreaves Mines, Ltd.
>; Yosemite Park & Curry Co.-^^--——^'

7'Ac

,a

10-

1

9-12

9-10

?

9-

1

«

$4c

8-22.

8-25

10-

7-

1

1

8-26

30c

8-31

8-22

25c

'

Door

Co.

(quar.)

—

9-15

9-1

Below we give the dividends announced in previous
weeks and not yet paid. The list does not include divi¬
dends announced this week, these being given in the

preceding table.
Per

"Name of Company

8-31

9-13

9- 6

9-

4

8-20

9-12

8-29

93 % c

10-

1

$1.50

10-

1

preferred

Holdere

1

9-1

9-12

8-19

$1.25

—

9-

10-1

40c

preferred (quar,)—
Agnew-Surpass Shoe Stores, Ltd..
Akron Canton & YoOngstown RR. Co.5% preferred (s-a)...
—
Alabama & Vicksburg Ry. (s-a
Allied Finance 5% preferred (quar.)

10-1

$37 %c

5%

9-15

When

Payable of Ree.

$25c

(quar.)

Steel Company, new com. (initial)
Aetna-Standard Engineering Co.—
Acme

9-15

75c

Share

Abitlbi Power & Paper Co., Ltd., common—

8-31

9-10

50c

Steel

Youngstown

9-12

25c

9-30
7-29

|15c

9- 1

$2.50

10-1

9-19

10-

$3
25c

——

I

9-8

8-25

8-10

75c

10-1

9-13

9- 9

9-

2

Allied

(quar.)...........
(quar.)

25c
40C

10- 1

9-14

9-15

9-1

Allied

(quar.).......

75C

10-20

9-15

*50c

9-15

8-24

$1

9-1

8-19

$15c

9-28

8-31

35c

9- 1

$50c

;

1

20c
!

8-18

9-

Allied Gas Do.....-*.,—
Allied Laboratories, Inc.

1

9-12

25c

,

9-12

25c

9-15

9- 5

15c

9- 1

8-22

9-

8-22

—

d40c

9-30

0-

—

d81¥«c

9- 5

8-19*

A 7%C

9-10

8-15

12 ¥2 C

9-1

8-12

$50c

9- 3

8t"8

50c

9- 9

8-19

93 %C

10-1

$250

9- 1

$1.50
45c

■

:

2 ¥2%

$1,183/4
t2c
37¥2c
12 ¥20
/

25c

1

9-15

■

8-26

9-30

Allis

9-9

9-12

8-26

9-26

9-12

10-

3

10- 3

9-

9-

10-1

9-21

10-

9-21

9

(Louis)

$3.75

(quar.)....—
(quar>_.—

Co.

common

.....

(quar.)
Aluminum Co. of Canada, Ltd.—
/
4%
preferred (quar.).
American Airlines Inc., 3¥2% pfd. (quar.)_

9-9

10-1

25c

preferred

common

Aluminum Co. of America

9

$1.50

Stores Corp.,

Mfg. Co., common Iquar.)
3¥4 % convertible preferred (quar.)
Alpha Portland Cement Co—
Altes Brewing Co. (quar.)./,..
Aluminium, Ltd. (quar.)—

8-31

1

Corp.

25c

Allis-Chalmers

8-31

9-15

10-

Products

4%

8-31

■

preferred

American

'

87%c

8-28

20c

10-

1

9-12*

American Bosch

29 lie

10-

1

9-12*

American

Box

Board Co.

Can

Co.,

$1.37 ¥2
lc

1

9- 8

50c

Corp/, 5%

8-22

American

50c

9-15

9-

9-12

8-30

9-10

8

50c

9-15

9-10

com.—

15c

10-1

9-17

(quar.)———-

$1.12 ¥2

10-1

9-17

15c

9-30

9-15

75c

9-30

9-15

9-

J8*

fl

8-3

8-16

9-1

8-19

1

8-15

40C

10-

1

9-1*

75C

10-

1

9-1*

15C

9-15

9-1

$1.25

8-31

8-15

15C

—....

8-31

8-15

"

American Car & Foundry

25c

9- 1

8-22

9-

$1.25

•

pfd. (quar.)—
(irreg.)

9-

40c

Arch * -Co..L:/..——1_

American Automobile Insurance
American Bank Note, common

Co. (quar.)
(quar.) —
6%
preferred (quar.).—...—
American Barge Line Co...—........—

^

(quar,)——

9-15

Woolworth (F. W.)

v

8

10-

25c

—

10-1

25c

8-31

25c

$1.12 ¥2

Co.

25c

8-19

$45c

8-18

9-12

"

Whitin

8-25

9-30

20c

Corporation
(irreg.)
Co.
(quar.)

9-15
8-30

50c

8-19

37¥aC

Oil

Extra

;

9-17

$1.50
$10

'

Extra

8-19

America—

common.—.

8-20

9-10

50C

■■

8-19

37¥2C

(quar.)

dividend)

preferred

9-1

25c

,

Light Co
Valley Mould & Iron Corp., common——
$5.50 prior preference (quar.)
Van.de Kamp's Holland Dutch Bakers, Inc.
Viking Pump Co. (irreg.)
Visking Corporation —
Walt Disney Productions—
/
6 %
convertible preferred (quar.) ——
Washington Water Power Co.—
'
/
v
$6 preferred -(quar.)
Wellington Mills, Inc.-——.,;
Wentworth Mfg. Co. (extra)
;; West Virginia Pulp & Paper (quar.)—
Special ■—————————————k.
Western Condensing Co,-—
Weyerhaeuser Timber Co.——-—
a.*
Wheeling & Lake Erie Ry. (quar.)——

9

48c

convertible

9-

9-15

/

Freight Co.——-—

Wallpaper,

i

9-23
9-23

(s-a)—-

preferred

8-22

8-25

50c

Class. :A-v—.

■

1 i

37 %c

(initial quar.)^—

preferred

Foil: Co.,
Class B
S.

9-1

9-

Corp

preferred
Seeger Refrigerator

27¥2c

common

9-

9- 1

$1,12 ¥2

(quar.)

Company—

Envelope

9-20

25c

Seattle Gas Co.,

$37¥2C

preferred

Carbon

50c

$1.50

A

convertible

United

■■

'

convertible

series

40c

$15C

r

—

in

tax

Manufacturing Co.

$4.50

v
—-,

——.————,———————————

3

9-30

45C

(quar.
Exploration (guar/)

Schlage Lock

(Los Angeles)

Sugar

7%

7

9-13

(quar.)

Scruggs, Vandervoort, Barney, Inc.,

preferred (quar.)..
Co., com. (annual)
7% preferred (quar.)—.—American Chain & Cable Co. com, (quar.)
5%
preferred (quar.).
—
7%

1

9-15*

$3

10-3

9-15*

$1.75

10- 1

9-15*

$1.75

10

Co.

(quar.

American Forgings & Sockett
'

:

Co. (quar.)..

Extra

40c

9-15

9-2

$1.25

9-15

9- 2

50c

9-10

8-26

12¥2C

8-31

8-20

12¥2C

American Chicle

8-31

8-20

30c

9-15

8-31

(quar.)—.

.




9-

25c

9-29

?- 9

—

25c

9-15

9- 2

——-

12¥2c

9-6

8-26

10c

10- 1

9-20

Common

quar.)———

75c

9-15

8-16

12 ¥20

9-1

8-20

4%%; preferred, (quar,)—

$1,18%

10-1

9-m

Brothers, Inc.

Selby Shoe Company

IOC
,

9- 1

8-20

—

Seminole Oil & Gas 5%

—*

(quar.)—---—

Selected American Shares

Boston—

Certificates of beneficial interest (quar.)—
'.-i 1
■< r. 7. " • r i
■
;
■
'
■ *

9-29

Extra
Seeman

(quar.)_

Elevating Co.-

International Harvester Co.
*

'

Powders, Ltd.—-

participating preferred

»International.

r

$25c

C——
$ 1.50 conv.
partic. preferred (quar.)
Insurance Exchange Building (Chicago)

9-

South

Extra

Ruud

(quar.)

9-1

9-28

$1

preferred (quar,)——
Robertson (H. H.) Co. (quar.)_—
Rotary Electric Steel

9-30

■

<

9-12

10-15

(quar.)

4%%

1

9-30

Humphreys Mfg. Co., common—
6% preferred (quar.)_—
Illinois Commercial Telephone Co. (Madison,
Wis.) $4.75 preferred (quar.)—
Imperial Varnish & Color Co., Ltd.—

9-5

New

$1

(initial)

Ranch Oil Co.
Robertshaw-Fulton Controls Co.—
Common (quar.)

Hudson Pulp & Paper Corp.—
-'

6-15

0-10

9

$1

Rice

25c

$1.12 ¥2

(quar.)

9-

$37 ¥20

"

6%- convertible prior preferred A (quar.)„
Reynolds Metals Co., common—
5¥2% convertible preferred (quar.)

25c

——

Mining Co. (quar.)
<Honolulu Rapid Transit 5% pfd. (quar.)
Hoover Company,
common
(quar.)

9-30

8-19

—

Raybestds-Manhattan, Inc. (quar.).t.
Republic Petroleum Co. (quar.)
Republic Steel Corp., common (quar.)

$1

;—

6-26-50

50c

10-

,

$4.75 preferred (quar.)Quebec Manitou Mines

62¥ac

—

50c

Mills,

v.;

9-15

shares

(stock

common—

1

50c

U. S.

25c

Common

25c
50c

Homestake

4%%

$1

25c

(quar.)

(Henry) & Company,
preferred (s-a)

75c
:;V:

Hellemaii (G.) Brewing Co
'Hewitt-Robins, Inc. (quar.)
.
Hollingsworth & Whitney, common

t

10c

Tobacco

9- 6

9-15

9-20

1

—__

$1.25

9-

9-12

d$1.25

of

9-2

1

3-15

8-10

9-22

1

;

8-22

10-

.

Pittsburgh Forgings Co—
Pittsburgh Metallurgical Co., Inc
Potter Company (irreg.)
Powell River Co., Ltd. (quar.)
Proprietary Mines, Ltd.---—w
Provincial Paper, Ltd. 4% pref. (quar.)—_
Public Electric Light 6% pfd. (accum,)—
Public Service Co. of New Hampshire.—__
Publicker Industries, Inc.—

25c

(quar.)

8-31
10-1

.9-

Pittsburgh, Bessemer & Lake Erie RR, (s-a)
Pittsburgh Consolidation Coal Co. (quar.)

'

75c

12-15

8-10

10-

I,

a-3i;

9-15

35c.

Co, (quar.)__-__—
Co, (quar.) — —M
United-Carr Fastener Corp. (quar.)__
United Fruit Company (quar.)
i--;,

25c
■

9

9-10

37'/2c

1

$1.50

50C

'

9

1-3-50

9-24

15c

Corporation, common (quar. )__'„
3%% preferred Class A (quar.)

7%
preferred (quar.)_;
Greyhbund Corporation, common (quar.)__ ;v
25c
4¥4%
preferred
(quar.)
$1.06¥4
Giflf Power Co., $6 -preferred (quar.)__
$1.50
Gulf States Utilities $4.40 pfd. (quar.)
$1.10

9-

8-31

;„-rRedUCed;:'ii-—

50c

,

(quar.)—

Lumber

1

4-1-50

25c

of

10-

9-15

Title Insurance & Trust Co.

40c

27%c)

Co.

9- 9

50c

holders of Ameri-

pfd.

9-

1

50c

7%

Union

3.90%

1

10-

$50c

,

common

9-15

10-

$5c

$1.06 ¥♦

Union

-

8-26
9-15

:i———,T——. '

9-15

1

;

1

10- 1

(quar.)—

9-24

10-

9- 1

9-15

10-

9-14

8-12

$1

9-20
9- 1

9-30

40c

8-31

,—

9-15

56 ¥4 c

10-1

;

9-20

9-30

15c

$4.50. prior preferred
(quar,)————
Union Gas System (Kansas)

25c

8-31

50c

(quar.)

1

30c

8-31

1

9-15

9-

,

8-20

10c

9-10

35c

10-

9- 5

,

(quar.K——

Gas

10- 1

Philco

30c
$1.75

$1.25

9- 1

$25c

Toronto Elevators, Ltd.

Extra:

RR.

9-10

Twentieth Century-Fox Film Corp.—
Common (quar.) —————

Trading Corp.—
$1 participating class A (Interim)
Philadelphia, Germantown & Norristown

50%

9-10

common

Common

Petroleum &

$3.50

;

common

)

.

preferred

Co.,

9-30

/

-

t-

*.

9-30

50c

:

preferred

Petroleum

11- 1

' $1

;

9-1

preferred

United

& Ford,
(J. C.) Co.
Pennsylvania-Dixie Cement Corp. (quar.)--Pet Milk Co.', common (quar.)——
—_

■:

,

common—

12'Ac

—*.—^

1

preferred

4¥2%

9-15

common—

1

Penney

*'

Ltd.,

8-29*

.

9-15

50c

$1.75

Penick

—

9-19

15c

9-

^

American

Gerber Products Co., common-—^.^—:*
25c
AVt% 5 preferred ;(quar.)—$1.12%
Gisholt Machine Co,—...—
25c
Gillette

1

25c

10-15

15c

9-

•

1

50c

—

9-10

B-Gosh, Inc., common (quar.)
(quar.)______
Page-Hersey Tubes, Ltd.
Pantapec Oil Co., C. A. (Venezuela)—

$1.25
$1.50

•:

1

9-

8-31

11-

$1.50

(quar.)

9-10

(quar.)—

shareholders

Insurance

$1.20

80c

Co—

Life

—

$1.75

Oshkosh

$1.06¥4

x

(quar.)—

(quar.)

Line

,a $1.50

'

Corp,—

9-

"$1.25

Co.

8-18
9-15

Steel Co.,

Utah- Power

shares will receive

Oregon-American

25c

General American Transportation
Common (quar.)

8-25

'

7 ¥2%,

Co., new

1

„

(quar.L—

Ohrbach's, $2.25 pfd. A

75c?

(quar.);

B

1

9- 8

Co.

non-resident

9-

9-30

25c

Quarterly

Manufacturing Co.—
participating preferred fquar.)

Class

9-

9-15

20c

ic

8-18

34%c

$1.25

J_'

Thomaston

25c

.

9-1

.

37 ¥2 c

50c

(quar.)

the

8-18

1

*

■; :Common-: '1-/- ————/•
(
'
Common
——_—_wi-—■i—
Time, Inc.
—————

/

of

Public Service,
Water Service

Ohio

Oemmer

'

9-14

■.

Co.— —i—

deduction

Match

Ohio

1

9-

can

Ohio

t

9-

'Oaylord Container Corp.^^.—/.-,——^—

9-12

1

quar.)
A

8-18

9-

(accum.)—
Cqmpany (quar.)_—„■

4¥4%

1

1

9-1

1st preferred

Thomas

10-

10-

(G.),

Texas Southeastern

10-

—

Ohio Leather

1

9-

37 ¥20

:

I"

9-15

$$1.37

(quar.»__

common

preferred (quar.)
5¥2% preferred (quar.)

8-22

J---———

Insurance

the amount of

/

9-16

5%

8-22

7%
Texas

60c

England

Africa

/
5c
1 25c

Oatineau

1

9-1

62 ¥2 c

9-6

26 %c

—

$1.75

(Detroit)

(increased

Oats

(After
-

(quar.)

8-22

56¥»c

preferred (quar.)—_!
"Noyes (Charles F.) Company
O'Okiep Copper Co., Ltd.— '.P;

62¥20

(irreg.)—:

8-31
9-16

9- 1

5%

Frontier

Co.

9- 9

$1.75

9- 6

9-30

Telephone Bond & Share—

*

preferred (quar.)
Water, $4 prior pfd. (quar.)
preferred (s-a)_—
Northern States Power Co. (Wis.)—

81 ¥40

Power

9-12.

9-

9-30

com.-

—

preference (quar.) _——.——
Tecumseh Products Co,
——

9-12

10- 3

10-1

^

$2

5c ;

Packing Co.

10-3

10c

9-30

25c

A%

1

81¥4C

9-30

10-15

8c

(quar,)-

Extra

'

IOC

Northeastern

3¥4 % convertible preferred (quar. ).—.
Fort Wayne Corrugated Paper Co
Oarlock

Tamblyn

1

*'

10c

•

_

8-12

62 ¥2 c

Telephone & Telegraph
New Haven Gas Light
(quar.)
—
Newport Electric Corp., common (quar.)

$20c

(quar.)

9-

9-

$1.75

National Steel Car, Ltd.
Steel Corp,

f* 20c

(quar.)
Food Machinery & Chemical Corp.—

9-15

25C

(interim)

3%%

•

preferred

9-1

50c

Hartford,' Conn, (quar.)

20c

Food Fair Stores,
f

9-20

I...

9- 1

10-15

31¥4C
81¥.c

,

Talcott (James), Inc., common (quar.)
4¥2%
preferred (quar.)————

20(5

Casualty Co.
City Lines—

National

62¥2c

B

1

1

Dry Goods (quar.)
Consolidated, Inc.—

preferred Class

$4

9-13

-

A———

9-

9-15

10-

Ic

Common

25c

of

9-21

9-15.

35c

6

20C

National

50c;

Canada, Ltd
Stores, Ltd., class

Fitzsimmons

10- 1

1

50c

National

New

(quar.)—

(quar.)

9-

National

Screw

Products

9-15

9-

9-15

15c

—

Strawbridge & Clothier $5 preferred
Sunbeam
Corporation (quar.)—
Sunset-McKee Company (quar.)
Sunshine Mining Co. (quar.);
Sutherland Paper Co. (quar.)

8-29

■

9-12

87¥2C

Works' (quar.)
Feltman & Curnie Shoe Stores Co.—
Federal

9-12

12 ¥2 c

8-25

50c

(quar.)

9-15

30c

Nash-Keivinator

1

30c

10c

9-2

25c

9-30

$3.50

gtd.

9-30

—

10-

i'

,

30c

9-12

(quar.)

Corp.

8-25

Co.—
Sparks-Withington Co, 6% conv, pfd. (quar.)
Sperti Foods, Inc, 5% conv. preferred (quar.).
Standard Oil Co. (Ky.) (quar.)
—

9-12

l_——-—

National Fire

v.

RR., 7%

1

10-1

20c

9-30

10- 1

'

preferred

10-

$1

Murray Corp. of America, common (quar.).
4% preferred (quar.)
Muskegon Piston Ring Co. (reduced)
Muskogee Company (quar.)

10-1

preferred (quar.)
—; $1.12¥z
Emporium GapwCll Co., common—;
v 50c
•7%

$1.12 ¥2

—

—

8-25

0-14

Southland Royalty

9-12

Extra

10-25

'

—'

Southern Pacific Co.

8-31

"

35c

*

8-31

1

—

(quar.)

-

preferred (quar.)
preferred (quar.),.

9-15
10-

(quar.
Corp.
(quar.)

Finance

V Quarterly

10-25

$4.50

Erie & Pittsburgh

preferred

9-16

$1.50

(quat.)

9-14

w—'

Southern Indiana Gas & Electric Co.,
4.8%
preferred (quar.)
■

Mount Diablo Oil, Mining & Development Co.

9-14-

87¥20
$1,12¥2.

•

•

(William R.)

7%

■

,.

—

Electric

Common
?,f

Works

2nd preferred

Moore

1

4¥4%
5¥2 %

35c

—

1st preferred

Co.

9-28

25c

common

7%

J

Morrison Cafeterias

65c

—

,

Oil

8-29

-

preferred (quar.)
Kodak Co., common (quar.)
40c
preferred (quar.)
/
$1.50
Easy Washing Machine Corp.—
r
: Class
A
(irreg.)
—'25c:;
Class B" (irreg.
25c
Edgewater Steel Co. (reduced) 1—/——15c
Edison Bros. Stores, Inc., common (quar.).;30c
4¥2%
participating preferred (quar.)-i«: $1.06¥4
Dorado

8-22
9- 1

Motor

$4.50

El

9- 9

I

6%

■

8-17

1

10-

5

62¥2c

Co..

■
."
(quar.)_

——

Aircraft

4% preferred (quar.)——

;

8-22

Corp.i__.

Corp.,

9-16

$1.50

Corporation, common (reduced)—
$1.25 convertible preferred Class A (quar.)
Southern California Water Co., common.:

9-5

9-1

—

-

————

9-

9-20

$15C

participating preferred (quar.)
Participating
Mickelberry's Food Products $2.40 pfd——
Midwest Rubber Reclaimihg—
4¥e%
preferred
(quar.)
Milwaukee Gas Light, 7% pfd. A (quar.)
Minneapolis Brewing Co
!
Mojud Hosiery Co., common
5% preferred (quar.)
Montana Flour Mills, common (quar.)

9

50c.

-

9-20

—

$3.25

,

Eastman

-

8-26

' 5c
$15c
$$1.75
$50c

^

(quar.)

Oil

Machine

Metal Textile

.

8-31

$75c

(quar.

com.

8-20

9-30

Sonotone

25C

Co., common

Groceterias, Inc.

Messer

$1"

(initial)

preferred

$3.50

4

1

9-16

;

9-10

6

9-16

(quar.)

common

(P.)
Company,
preferred (quar.)

7%

9-

9-15

:

*

"

(quar.)—

de Nemours & Co.—

I.)

1

9-15

:

(quar.)__

Paper Co/,,
Corporation
Driver-Harris
Co._-L
(E.

1

9-

9-

9-

$1.12 ¥2

Lorillard

9-

8-29

Draper

common

8-25

9-23

;

—

Donnacona

New

9-10

Mesta

__

Co

preferred

Loblaw

9-12

Dominion Textile, Ltd., common
:t 7%
preferred
(quar.)

«lu Pont

8-22

9-30

Disney (Walt) Production—
« 'cw t
''
6% conv. pfd. (sed Walt Disney Prods.)
Doernbecher Manufacturing Co—r^__

'

8-25

9-

9-15!

9-16

——

9-10

(N. Y.)

Corp.

8-31

9-30

Solar

10- 1

(quar.)

Mines," Ltd. (interim)
Wire (quar.) ——

8-3L

9-1

8-30

10-1

Liberty Fabrics of N. Y., Inc. (quar.)—.
Liberty Loan Corp.
_T.
Lily-Tulip Cup, Corp.
Lincoln Buflding Corp. (N, Y.)

^.

Dayton Malleable
Rock Oil Corp.—

&

& Sessions

$2.50

8-19

9-15

—

9-2

Inc"

Skilsaw,

9

37 ¥2 C

Kinney Manufacturing Co.—
$6 non-cum. preferred (quar.)...
Kleinert's (I. B.)
Rubber Co

8-19

9-10

—

(quar.)__

Corp.
Iron

1

1

8-29

Deep

Stores

6

9-15

—

■

Diana

9-

9-15

(quar.)_—

Crucible 'Steel Co. of Ameriqa—
5% convertible preferred (quar.)
Cutler-Hammer, Inc. * (quar.)

Detroit

6

9-

(DeUi-/^-~__/—--

Supply Co.

9-

9-30

'

Dentists'

8-26

9-

Continental Steel Corp
Copperweld Steel Co., common5%
preferred (quar.)

Davison 'Chemical

8-15

9-30

„

8-29

9-

37¥2C

preferred

Lamson

(quar.).

Continental

1

(Phila.)—

preferred '(qua?.)
Consumers Company, $2.50 pfd.
Community Public Service Co
Consolidated Rendering Co.—

,

9-10

15C

(quar.)

Gold

Steel

9-10

35c

$1.50

6

,2c

When
Hotdert
Payable of Ree.

$1.25

.

(quar.)
——.—
4% 2nd preferred (quat.).——
Kingsport press, Inc. (quar.)
...!

9-3

9-12

4ii

9-9

45

50c

40-18

50c

(increased)__—

common

preferred

4%%

3

9

9-

Share

-

80c

—

Canada, Ltd.

9-15

9-

'

Commonwealth

of

Company,

$4.50

9-15

preferred. (quar.)__
—l_
Coble Dairy Products, 5% preferred tquar.)^
Coleman Company, Inc., 4¥t% pfd. (quar.')_
Commercial Credit' Co/, common (quar.)
3.60%
preferred (quar.)
$4.50

9-20

11- 1

'

Shepard-Niles Crane & Hoist (increased)—
Shenango Valley Water 5% preferred (quar.)
Shuron Optical Co. (quar.)
Singer,Manufacturing Co. (quar.

,

$75c

Kelvinator

8-26

9-15

_

60c

8-22
9-20

9-15

v

(quar.).:—_

____________

1

93 %c
40c

(quar.).——:

1

'

„

B

9-30

(quar.)

5%

8-31

8-31

Per

j

Name of Company

;

8-31

10-

Corp..—

9-19

City products Corp. (quar.)
Clark Equipment Co., common

10-1

Lamson Machine "Co.

&

Class

8-26

9-15

__

(quar.)

preferred

7%

$25c
x$$1.75

(quar.)......
(quar.)—.
—
Justrite Manufacturing CO. (quar.)—.—
Kalamazoo Vegetable Parchment Co. (quar.)
Kelsey-Hayes Wheel, class A (quar.) .——

7

9-23

•

10-

9-30

Chicago Rivet. & Machine Co. (quar.)
Christiana Securities Co., com. (increased)

1

11-

"(quar.L-._-'

Chicago Mill & Lumber Co.

•

Payable of Ree.
9-15

Joy Manufacturing Co.

✓

: >

*

iJ_i—---

(quar.)'__i

B

9-1

(729)

Boldert

37¥2C

Irving (John) Shoe Corp. 6%

8-20

9-12

i

When

Share

Name 0/Company

9-1Q.^
8-51

pfd. (quar.)__
Jamaica Public Service Co., Ltd., common..
7% preference (quar.)—
Jewel Tea Company, common (quar.)—
3%%
preferred (quar.)——

Ameri(»___------_--'_--

of

Charis

*

9-20

Wire,'6 % preferred (quar.)

CHRONICLE

Per

Payable of Rec.

Named f Company

FINANCIAL

Holder1

When

Central Steel &
Chamberlin Co.

COMMERCIAL &

THE

Number 4831

Volume-170

—

preferred (quar,)-..

25c

9

American Fork & Hoe Co., common
—
Effective July 1 name was changed to
True Temper Corp.
American Gas & Electric Co.—

(increased

A

'

46

COMMERCIAL

THE

(730)
When

Per

FINANCIAL

&

CHRONICLE
When

Per

Holderi

Monday, August 22, 1949

Holder$

Common

convertible

American

6%

Hide

preferred

(quar.)

11-10

9-

,

American
American

American
American

American

Investment

Co.

Class

A

37'/2c
37'/2c
Si$1,25

(quar.)

preferred A

(quar.)

American

President

American

Radiator

Corp.,

common

—:—

—

5%

Lines,

pfd.

Standard

&

(quar.)_
Sanitary

25c
$1.75
12'/2c
25c

—T——■

—

7%

preferred
(quar.)—i—
Safety Razor Corp, (quar.)—i—
American
Seating
Co.
(quar.)
—
Extra

Co.

American

Tobacco

American

Vitrified

American

Woolen

7%

$5

common—

preferred (quar.)
Products, Inc.

—

Post

(quar.)
—
Anglo-Canadian Telephone Co., cl. A (quar.)
Oil Co., Ltd. ordinary (final)
Inc.—
.————.

Anglo-Iranian
Anheuser

Cotton

Arcade

Common
6%

Mills

Co.,

.

Archer-Danlels-Midland
Arden

Farms

Stock
of

Co.,

dividend

Diced

('/2

Cream

share

Stock

dividend

Cream

Argo

Oil

(Vath

4Mi %

convertible
Edison

Arkansas

4Va%
$3.75
$4

Gas

Art Metal
Artloom

Ashland

Oil

7%

Atlanta

preferred

Atlantic

Oil

Atlantic

Powder
Tack

Avon

Gear

Co.

at

1

trating

9-23

Burkhart

12-23

12-19

12-23

Barlow
$1.20

5

8-5

1

8-

9-15
9*

9-

5

8-15

1

1

3

Gossett

&

Howell

(Belleterre
Benson

Co.

Co.,

&

Berkshire
'Bessemer

Quebec
Hedges,
Fine

Spinning

Limestone

preferred

Bethlehem

Steel

preferred

5%

2nd

&

8-15

37'/2c

9-

1

Corp.

(quar.)

Company

Electric

25c

9-

1

8-

$1

9-

1

373/2C

■9-

1

87'/2C

9-

1

8-

8

87'/2 C

9-

1

8-

9-

1

8-

8

Manufacturing

Dominion

Foundries
A

10-

8-

5

8-31

&

1

8- 3

8-15

9-

25c

(quar.)-

9-15

15c

-

7

9-15

9-

9-

1

1

8-10

Insurance

;J

9-15
9-15

$2.50

9-30

9-16

$32y2c

9-20

8-19

8-31

8-31

>

7%

8-12

9-

7-29

Canadian

9-

8-19

Canadian

10c

9-10

8-15

9-15

5%

8-19

8-15
8-22

9-20

8-26

50c

9-10

8-25

8-30
9-

,,8-15

1

*>-19

9-15

60c

8-19

9-

1

8-15

9-

1

8-20

25c

9-

1

8-16

preference

non-cum

a

Class

$1

4V2%

9-15

12-

1

11-15

Canadian
Class

A

Canadian

Ice

12-15

1-15

Products,

3-1-50

2-15

Canadian

4c

4-1-50

3-15

5-1-50

4-15

(quar.)

9-

9

1

9-

9

—

$15c

10-

1

9-

9

10-

1

9-

9

'Ltd.,

International

5%

Canadian

preferred

Common

1- 4

9-

1

8-15

1

9-20

12-15

1

8-31

:$$1.12 V2

10-

1

8-31

10-

1

8-31

Ltd—

Ltd.—
$20c

Ltd

Co.,

Investment

Oil

:

10-

t$l

1

9-15

9-28

9-14.

1

8-12

Trust,

$$2.50

9-

8-25

$15c

12-15

(quar.)__

$$1.25

10-

1

preferred

(quar.)—

$$2

10-

1

$1.05

9-

1

8-12

Canadian

Pacific

8-31

8-16

Canadian

Tire

Canadian

Western

10-

1

9-3

1-2-50

12-13

9-1

8-15

-4%

Ry.
Corp.,

preferred

$3

9-

10-20

10-

1
1

10-

9-10

$1

10-

9-10

1
1

8-20

Ltd.—

Co.,

$20c

pfd.

(quar.)

(quar.)

8-16

Carrier

8-17
2

8-

2

8-22

8-

9-

8-15

8-26

1

8

New

4.20%
Central

*

preferred

quar.)

Central

Detroit

8-15

Central

Foundry Co., 5% preferred (quar.)
Hollywood Building (monthly)

10-20

35c

9-

1

8-19

10-

1

9-20

60c

9-

1

8-8

10-

1

10-1

v,

,

9.

2

9-20

N.: Y.

(quar.)

Power

preferred

Central

Paper Co.

Central

&

Century

9-

1

2c

9-

1

8-

1

$1.25

9-

1

8-15

25c

9-30

9-

1

8-31

8-

1

South

Electric

$1.12'/a
common

10-1

9-16

30c

8-31

8-15

$1

9-30

9-17"

85c

9-

1

8-10

15c

9-30

Co.

$3.50

preferred

Colonial

Life

common

West

(quar.)_:

Corp,

Co

Century Ribbon Mills, Inc.

:

(quar.)
—1

(quar.)—.

25c

,1

(quar.)

8-31

7-29

10c

9-14

9-

15c

9-15

9-1

2

9-14

9

9- 1
$

!

4%

Stores,
preferred

5%

preferred

Colorado
5%

conv,

9-12
9-12

15c

Class

9-30

9-13

9-

9

9-2

9-

1

8-20

50c

9-

1

8-20

62y2c

9-

1

8-20

45c

9-

1

8-15

25c

9- 1

Iron Corp.—

(quar.)
Elevator Co.

&

B
Co.

1

8-15

9-

2

8-19

35c

(quar.)

9-

2

i

Commonwealth

Life

Commonwealth

&

Insurance

Co.

Corp.

(Ky.)

Nast

(quar.)_

Congoleum-Nairn

d$1.25

&

—

Power,

Baltimore,
B

6%

Consolidated Gas

Paper
Textile

9-

1

1

9-

6

9-

1

8-15

$1.50

9-

1

10c

10-

1

9-20

9-

1

,..8-20

Gas

Consumers

Glass

Consumers

Power

$4.50

8-12

10- 7

(quar.)_

90c

Corp.

10-

1

10-

1

9-15

$1

10-

1

9-15

9-15

8-18

(quar.)

15c

(quar.)

25c

Can

8-10
8-31

8-31

$1.12 y2 ;

(quar.)_

A

Cosden

Petroleum

Cork

Crown
$2

A

9-

1

8-15

9-

Crown

$4.20
Crum

5%

50c

20c

Forster, 8%

9-10

$2

.8-12

$1.66 y2

9-12

9- 2

933/4C

pfd

1

9-15

9-

9-

8-19

(quar.)

33/4%

1

10-

1

10-

1

9-

9*

25c

8-27

8-

9*

50c

(quar.)_

com.

9-15

8-23*

....

.

40c

$1

$1.05

preferred (quar.)__
Co.,

Industries.

Corp.,

9-20

$2

10^

1

v

9-13

9-1

8-12

9-

8-12

1

9-30

9-17

$1.75

9-30

9-30

9-16

25c

1-3-50

12-19

pfd.

(quar.)_

$1.25
IOC

(quar.)

10-

9-16

-

1

9-16
'

11-15

11-

5

$1.12ya

10-

1

9-15

20c

9-

1

8-15

i2yac

9-

1

$1.75

10-

1

75c

10-

1

Inc.—

25c

common
(quar.)
A.
(quar.)

class

.

$1.25

(irreg.)

com.

50c

$1.75
15c

8-15
,

9-1S
9-16

9-18

9-

9-18

9- T

9-

8-17T

1

X

Light, common
preferred A (quar.)

1

8-15

9-

1

8-

X

9-

1

8-

1

45c

9-

1

8-17

933/4C

9-

1

933/4C

•9-1

8-17

20c

&

9-

$37ȣc
$17y.c

9-10

8-26

25c

9- 1

8-10

75c

-9-1

8-10

35c

9-

1

8-10

35c

(quar.)

Dayton Power

9

$1.50

Cushman's Sons, Inc., 7% preferred (quar.)
Dahlstrom Metallic Door„
Davis Leather Co., Ltd., class A (quar.)
B

8-12

-

Corp.—

preferred A (quar.)
Publishing Co., $7 pfd. (accum.)
prior preferred (quar.)

Class

8-12

9-

convertible

non-cum.

9-23
»

1

—

Curtiss-Wright

8-26
v.

8-26
9-

Curtis
$4

7-22

10-15

25c

(quar.)_

Sugar

(Helene)

8-22
8-19

...

$37y2c

common—

Clothing, 4preferred
Companies

Curtis

8-22

75c

Sugar Co., 5%
Corporation (s-a)

Curlee

8-15

.7

Works

Atlantic

Culver

1

9-10
9-12

8-23

arrears.

Irregular
Cuban

9-

10c
20c

Corp., common
preferred (quar.)
(quar.)

preferred

8-16

$15c

preferred

&

7%

1

;

$5

conv.

Co., Inc.,
(quar.)_.

Cuban-American

8-16

9-

75c

Zellerbach

2nd

$4

1

$$1.25

Seal

preferred

8-10

9-

$1.31 V*

Ltd.,

,

8-30

25c

25c

International

&

1

$10
i

.

(quar.)

Cork

8-25*
9-15*

common

preferred

Creole Petroleum Corp
Crompton & Knowles Loom
6% preferred (quar.)
Class

9-15

1

(initial)

The above payment clears all

Crown

9-30
9-15
10-

V

Corp.,

9

8-19

3iy.c

(quar.).

common

Corp.,
(quar.)—

3%%

^

1

50c

(quar.)

Company,

9*

9-

30c

9- 9

93J/4C

Corrugated Paper Box Co.,
5%
preferred (quar.)

Crane

7-29

I'V

10- 1

25c

(interim)

Electric

preferred

1

*

$1

common

preferred

10-

$1.13
V

prior preferred (quar.)
Cooksville Co., Ltd., class A (quar.)
Copeland Refrigeration Corp
Copper Range Co., common

Inc.

1

8-26

$3

$5.25

8-

9-15

(quar.)

Varnish,

Cornell-Dubilier

1

40c

Continental Casualty Co. (quar.)
Continental Copper & Steel Industries, Inc.—
5%
preferred
(quar.)
Continental Mills

Coro,

9-

25C

America

Co.,

non-cum.

8-15

$37y2c

Pa.)

(quar.)—

of

preferred

&

8-20

Co.

preferred

Paint

8-15

1

9-1

$13c

(quar.)

preferred (quar.)
Continental Assurance Co.
$3.75

I

9-

15c

(quar.)

9-

25c

(quar.)

Mills

4%

Continental

9-15

•

Corp.

Co.

(Reading,
Co., Ltd

Corp.

9-15

11- 1

Power
$1.12 y2

Co.

preferred

Container

.8-1*

40c

&

Consolidated Theatres, Ltd., 50c class A
Consolidated Water, Power & Paper Co
Consumers

2

$1.25

common

Consolidated Laundries

Consolidated

9-15

$1 '

Light

Utilities

Consolidated

8-16
9-10

10-

pfd. (quar.).
(quar.

(quar.)
(quar.)

C

9-

1

9-15

75c

Co.

preferred

preferred

9-15

9-

56y,c

(quar.)

40c preferred

Coal

8-15

37'/2c

Power

Co.

Common
(quar.)
$5
preferred
(quar.)
Consolidated Gas Electric
of

9

9- 1

25c

(quar.)—
(Toronto)

(quar.)^
Consolidated Edison Co. (N. Y.)—

4V2%

9-

$$2

—

(quar.)

River

Connohio, Inc.,

Inc.

Asociation

Light

Consolidated

8-31

1

40c

—.—

Publications,

Connecticut

9-15

10-

Telephone Co. (Wise.)—

Cone
Mills
Corp
Confederation Life

Connecticut

9
6

9-14

—

$1.50

preferred

Conde

•

(Del.)—

preferred

$5

98-

10- 1

15c

Southern

Z

8-25

6c

(Del.)

8-12

■

9-24

y2c
Co.

8-19

9-10

a-500
^

25c

Investment

8

9-

35C

—

Shearing & Stamping Co.—

Commoil, Ltd.

8-

37y2C

(quar.)

A

—„;

Carbon

Commonwealth

1

1

$1

(quar.)

Quarterly

$6

9-

8-

1

50c

America

of

Broadcasting class

Commercial

9-15
9-

87y2c

Co.

common

8-25

1

1

preferred

Columbian

9-10
1010-

—

Milling

Columbia

9-16

$20c

(quar.)——_——....—— V
Power (quar.)
——

Colorado Fuel &

8-16

1

$1
—

(quar.).——

Central

1

50c

Corp.—

(quar.)
Inc,

9-

10-

$7.50

——

Insurance

Colonial

9-

1

(quar.)

-

8-17

"

33/4%

9-20

20c

Corp.—

(quar.)

9-

Foil Co. (quar.)_
Co., Ltd. (quar.)
Colgate-Palraolive-Peet

Light Co.—

preferred

Central

—

9-15

25c

:

;

Illinois

preferred
(quar.)
Central Illinois Public Service

3.40%

50c

50c

4 V-i %

4%

-

Co
(quar.)

1

Cochran

8-10

Co.

8-10

10-

Cockshutt Plow

8-10

8-31

1

8-15

1

9-

11-

8-31

1

10-

Monthly

Chemical

Curtis

9-

isc

50c

9-12

9-

$$1.75

8-15

9-12

1

27 3/2 c

Cold

9-15

1

10-

62 3/2 c

Central

Central

10-

(quar.)

Warehouse

1

•

International

8-10

8-31

Central

d40c

d$1.75

8-10

10-

8-15

8-15

I

$$1.50

8-15

1

8-25

Storage

9-

$1.12 y2

■

(reduced)

Company

1

8-15

(quar.)

preferred

8-10

87»/2c

Inc.

Coca-Cola

9-30

9-

$1.10

8-22

9-

1

9-

$1.05
com...

8-15

9-

9-13
9-

10-15

$1,123/2

;

Co.

8-17

9-

50c

I73/2C

Paper

9-

preferred

Quarries

Coca-Cola

"

&

9-

9-

10-20

'50c

(initial

30c

15c

1

50c

$1.183A

12Mic

11-

Co.—

Light

8-15

1

20c

8-20

25c

(Initial)

Arizona

1

9-

20c

8-15

6

'

$2.50

$i.0Gy4

11-15

9-

$1

common

common

9-

50c

(quar.)
(quar.)—

(quar.)

Industries,

Clorox

8-15

9-1

50c

preferred (quar.)_,
Carson, Pirie, Scott & Co., 4V2% pfd. (quar.)
Case
(J. I.)
Company, common
7% preferred (quar.)
Tractor

8- 1

8-13

12- 1

Carpenter

Caterpillar

,

.

$1.06'/4

4%

8-

8-25

8-22

Illuminating Co.

preferred

Cleveland

4%
15c

stock

Clinton

$1,371/2

Co.—

regular guaranteed
Electric

(quar.)

dividend)

stock

$4.50

8-13

37y2c

8-16

1

9-23

8-25

25c

373/2c

&

91

8-15

1

12'/2C

9-

9-12

1

.10- 1

75c

(quar.)_^

9-

9-

9-

Ltd.—

15c

9-

40c

preferred

7%

8-22

9-

,

Corp.

1

10-

30c

9-10

1

9-

$30c

Company, 4V* % pfd. (quar.)
Paper Co., common (quar.)
4%
preferred (quar.)
Carpenter Steel Co. (quar.)—.

10-

9-

»

$50c

Gas

Capwell, Sullivan & Furth, 6%
Carman

1

(quar.)

A
(quar.)
Products Co.

preferred

9-

ordinary

preferred

6%

1

Co.,

'

9-16

10-

$$1

Ltd.

(quar.)

Extra

,-9-1

"■*'
—

Natural

Capital Administration
Capital City

Co

(5J/2%

& Pittsburgh RR.

Cleveland

11-25

preferred

$1.50

Co.

guaranteed

5%
9-15

y

(quar.)_

8%

Stamping

special

Cook

$15c

Cos., Ltd;—

preferred

Co.,

4%

8-31

10-

4%

9

50c

10- 0

10-

(quar.)

Canadian

9

$1,75

a

8-19

9-

.

11-

8-19

1

9-

Associates—

1

8- 1

7,

2-2-50

9-

1

J10c

8-1

.

$2 5c

(quar.)

1

25c

8-22.

8-€2

8-30

,

,

$183/4C

common

Corp.,

'

1

$4.52

(accum-)
Co., Ltd.—

Motor Lamp

Common

Electric

9-

Ltd.—

-

Ingersoll-Rand

10-

(quar.)

$20c
$25c

Ltd.,

Machine Co.,

10-

,,

1

10-

(quar.)

com.

Investment

30c

40c

10-

$5c

(quar.)—:

5%

(quar.)

$25c

—

(quar.)

Canadian

5c

8-31

9- 9

/

50c

A

1-1-50

25c

1
1

$10c

preference

(quar.)

Foreign

4c

/

1010-

—

preferred

2-1-50

15c

$50c

Reduced

4c

1-15

8-15

1

$25c

Food

Class

8-15

2-1-50

9-23

8

10-

Co.

;

conv.

8-15

9-

12-31

Auto

Investing

8-12

—

(quar.)

8-12

9-14

8-10

,

1

$31'/4c

—_

(quar.)

Quarterly

10-15

12'/2c

(quar.)

& Foundry
Co.,
(quar.)
.Dredge & Dock Co.,

Canadian

1

$1.12y2

8-29

,

Canadian-Fairbanks-Morse Co., Ltd.—

1

10-15

;

9-

$25c

9-

1

1

9-30

$25c

11-

11-

9-

$20c

Common

10-

$1.12

9-15

•$$3.50

—

Common
•

4c

1

;

8-31

8-15

4%

Car

A

Canadian

1

9-15

+50c

common

Participating
Canadian

8-10

(quar.)— :m.i2>/2

pfd.

10-14

50c

,

,

Breweries, Ltd.
Canners, Ltd.,

1st

9-

9-

v."]"

Participating

8-10

9-15

.*

25c

1

Ltd.—

preferred—
Vinegars,
Ltd

Canada

9-

Co.,

non-cum.

9-

9-12

Ltd.—

9-20

$25c
$373/2C

9-

8-12

&

Connecticut Power

$15c

Forglngs,

8-20

.9-

8-18

$25c

-

9-15

1

9-

$1.25

7

9-10

$1.123/2

(quar.)

Starch

5c




10-

10-28

30C

Ltd

Malting Co., Ltd
Safeway, Ltd., 4y2%

20c

(quar.)

10-28

20c

——

Sugar,

Canada

.

Co.

8- 8

$1

Canada

$37y2c

common

1

$30c

-

9-30

$1.25

Cleveland

9

& Terminals Co.—

Canada

-

(quar.)

8-15

50c

1

$1.06

(quar.)
Corp.

-

$30c

Life

9-15

$1.25

8-10

8

$1

Co., com.

8-15

9-15

Colorado

—

States

8-23

1

9-30

1

8-20

;

(quar.)

Power

1

9-

9-

8-15

(quar.)

Co,

9-

75c

25c

Commonwealth

Machine

$1

75c

„

$1

8-16
:

Ltd.—

Adding

8-16

1

8-16

1

•

8-29

„.:v

•*

'

9-1

pref. (participating)
(quar.)_

&

4c

Co.—

•

6

9-

(quar.)

8-12

1

$1.75

Cement

9-

—

preferred

9-15

1

—

(quar;)
Milling Machine

Cyti

8-15

8-25

(quar.)

Mills

Clary Multiplier Corp. (stock
Clearing
Machine
(reduced;

8-19

20c

(quar.)

preferred

Class

(quar.)_

pref.

1

9-15

45c

vi

(s-a),
Cement Co., Ltd,—
preference (quar.)
Canada
Crushed Stone, Ltd
„

Canada

c

conv.

1

9-

isc

:r

——

9-

(quar.)

$2

8-15

9-

10c

—

Camden Refrigerating

4c

common
(quar.)
(quar.)
Mines, Ltd

35c

20c

75c

preferred

1

9-20

(semi-annual)
Special
_;

4c

7%
preferred (quar.)
Belknap Hardware & Mfg

9-

1

Co.

8

/

(quar.)

9-15

10-

f

Bros., 4y2% preferred (quar.)
Butterfly Hosiery Co., Ltd., com. (quar.)—-

8-29

25c

Corp.

8-19

$1.25

9-15

share, plus this dividend)-

Shoe

8-19

1

—

Butler

9-

40c

Manufacturing Co. (reduced;
Belding-Corticelii, Ltd., common (quar.)

4'A%

B

Canada

8%c

preferred

1

9-

—

9-15

Belden

&

A

8-

$12 Vbc

S.)

Co.

Burroughs

9-15

—

Extra

8-15

9-

25c

(quar.)—

9-

Bayuk Cigars, Inc
Bayway Terminal Corp
Beaunit Mills, Inc.
(A.

&

9-30

(quar.)

Bathurst Power & Paper Co.—
Class A (quar.)

4%%

conv.

8-15

1

$10c

common—

9-15

$1.25

—

(quar.)

$1

Seelig Manufacturing
A
(quar.)

$7MzC

(quar.)

Co

preferred

8-25

50c

class

8-15

1

9-

8-15

9-15

(quar.)

com.

(quar.)

preferred

9-

$1.12Mi

V

9-15

12V2C

(reduced)—————4':.
Sullivan Mining & Concen¬

&

Co,

Class

8-5

9-1

$5c.

common

8-15

10-

1

10-14

$30c

Ltd——I.——y-———

Mfg.

Class

8-5

9-1

40c

Co

1

$7'/2C

'

——

Co.-

3y2%
3'/2%

$1.12

(quar.)
preferred (quar.)

&

Co.

Burlington Mills, common

12-19

4%

Co._

& Sons

9-

9-15

25c

$25c

—

pref (s-a)_

9-

8-10

10-31

1

10-

8-18

•—1__—

common

Inc.

Hill

4c

common

1
1

28 Vac

$1.30

Barnsdall Oil Co

J&ibb

8-

1

9-30

8-

'

preferred

4%

7-26

9-

8%o

(Joseph)

4lA%

7%

9- 2

Bunker

4c

Show

99-

90c

(quar.)„•

(quar.)

preferred

Bullock's,

8-19

<

4%

Bell

8-10

1

(quar.)

per

7-31

10-

$1

8-22

8-31

30C

—

Line—

Fund,

30c

-

9-13

*

25c

(quar.)

A

35c

8

25c

;—

(quar.)

Forge

1-21

1

(quar.)

Radio

$11

prior

Buffalo

Bullock

$1.75

(quar.)

8-

Canada

—

Hydro-Electric Co.
preferred (quar.)

Bell

10-22

1

_

Wilcox

1

$1.50

—

_

Pipe

$1.50

(quar.)—
preferred (quar.)
T.),. Inc.
(quar.)——

9-

$1.50

-•—

$1.50

__

8-25

—————,-—y

Company,

9-

;

7%

.

Budd

1

(quar.)-.;

Bangor

Beck

6

8

.

1

8-25

9-15

—————-

40c

(quar.)
Corporation, common

.Bancroft

.

10-

1

preferred (called for redemption Sept.

1

•

Buckeye

11-

30c

(monthly)

preferred
preferred

6%

1

9-

.

(monthly;

0-15

$25c
25C

Extra

1

8-

9-

common

of America

Works

$37V2C

pfd.

8-12

common—:.

'

9-

9-15

8-

—

..

6

8-15

preferred (quar.)
;
J,
Cincinnati, New Orleans & Texas Pacific Ry.
5%
preferred (quar.)

6

9-

'

(accum.)

(quar.)

Brunswig Drug Co,

9-15
r

$12'/2c

Canteen

Baltimore

9-30

9-

1

(quar.)

Mfg. Co., common
preferred (quar.)

preferred

9-15

-

Baldwin Locomotive Works, 7%
pfd.
.Balfour Building. Inc. (quar.)
(Baltimore Porcelain Steel Corp.—

,

10-14

$5

1

1

4%

1

10-

—

—

4'/a%
Brunswick-Balke-Collender

1

10-

10-

40c

(quar.)

Extra

•

"9-15

preferred

7%

9

9-

50c

Co., Ltd.,

$4.50

7%

9-

9-15

Ltd.

B

Brunner

30c

(quar.)

&

8-10

1

9-27

40c

(quar.)-

(quar.)

Service

$4.50

Babcock

9-

6*

$1

Ltd

(B.

8-25
9-

3

— — — —

(quar.)
class A (quar.)

Mills,

Class

10-15

Gas

City

common

9-15

(quar.)

(monthly)
preferred
(quar.)

JBabbitt

Bruck

Co.

preferred

8-15

—

Mines

prior

9-15
10-

•

preferred

9-15

(monthly)

D.

Shoe

$3,60

9-

Common

V.

Brown

9

1

$23,vc

(increased)

Co.

common

Co,

10-15

Allied

4'/2%

8-12
8-

130c

Co—

Common
Common

1

9- 1

Co., 6%
Rubber

8-15

933/4C

(quar.;__

9-15

—

(monthly)

B.

Brown

Brown

8-31

,

2

8-25

8-30

;
'

9-

9

(monthly)

■

9-24

5

RR.

Common

,

Bigelow,

&

9-

9-13

9-

preferred

4%

Cincinnati

Co., Ltd/—

Gas

preferred

93%c

——

—

— — — — — — -w—e-

Brown

50c

preferred

^Common
(

( s"*)

Union

25c

Products, Inc. (increased)
Avondale Mills, common
(monthly)
Common
(monthly)
Common
(monthly)

,

6

9-30

.

common

40c

Cincinnati

6

$25c

California-Western

Co

Corp.

Common

9-10

C1&8S

Brooklyn

$1

(quar.)
(quar.)

Corporation

Automotive

1

California

Co.

Atlas

Automatic

1

Byers (A. M.)

.

Corp.

Atlas

A

1

9-

9-

9-

1

1

Products, Ltd., 5%

Textile

1

Cotton Oil (quar.)
Chile Copper Co.
(reduced)
Chrysler Corporation

8-15

9-20

(special)..

Co., 5% conv.
preferred B (quar.)
Steel

9-

10-

SI

—

Candy

8-10

8-25

50c

$1.12 3/a

common

Chickasha

8-25

75c

—

(quar.)

62'/2c

(quar.)

Refining

Class

9-

9-15

2

Mfg.

Holders

Payable of Rec.

40c

,

Fibre

(quar.)

Chicago Yellow Cab Co

7-29

9-

8-25

16c

preferred
(quar.)
British-Columbia Packers, Ltd,, class A (s-a;

7-29

**

(quar.)
(quar.

Line

Atlas

Gold

Common

8-25

50c
50c

(quar.)

Oil

9-15

-

Electric

8-18

preferred

British-American

7-29

-

9-16

—

Co. common—

1

preferred
(quar.)
Topeka 81 Santa Fe Ry. (auar.)—
Light Co., common (quar.)_;

Coast

Auto

3%%

8-22

(quar.)

Co.—

25c

Atlantic

Aunor

Bristol-Myers

.11-21

& Rubber Co.

Bearing

1

Gas

4'/2 %

1

1

9-20

20c

2nd

Atchison,

1

Roller

9-

(quar.)
(quar.)_

8-17

1

Fund, Inc,
(quar.)
;—
Real Estate Trust (quar.)—.-.-—-———

Boston

10-

Dry Goods Corp., common (quar.)
preferred (quar.)

1st

8-22

9-15

$15c
$$1.12'/2
$1.25

Corp.

6%

Bower

,

$1.12V2

(quar.)—

common—

Refining

convertible

Aspinook

8-31

9-

(quar.)_,

Asbestos

Associated

Boston Woven Hose

9-15

15c

(quar.)_

Construction

&

8-26*

8-

(quar.)_.

Carpet Co.
Corp., Ltd.

$1.20

Co.

common

Co.,

preferred

preferred

9-15

Burton-Dixie

—

(quar.)

preferred

preferred

Cork

9-15

9

Diced

commrn

$5

Corp.,

conv.

Armstrong

Boston

1

1

33/4%

common)

preferred

Co.,

Western

Steel

Armco

of

1

8-11

9-1

(reduced)———

Aigus Corpcration, Ltd.,
Arizona

share

9-

10-

(quar.)-——-—
(quar.)

Valve

Cherokee

8-11

9-15

75c
12'/2c

-——

15c
-25c

Co,

&

&

Chicago Corp., $3 preferred (quar.)
Chicago, Rock Island & Pacific RR., com
5% preferred series A (quar.)—

8-10

1

9-

Co.)

.

8-24

9-

Burns

(quar.)

12 J/2 C

8-25

stock

com.

America

of

America Co.

of

Corp.

of

8

60c

50c

'.

8-

9-26

Company (interim)
Manufacturing Co._——

50c

Co.

common

$3 participating preferred
Participating ——
t

(quar,)—

common

7

9-30

50c

12-

25c
$1
$1
$3

(quar.)

9-

25C

Share

(quar.);

preferred

Chatco

Boss

9-

25%

preferred (s-a)

8-20

Borden

8-

'

1

8-15

8-30

;

Eusch,

5%

9-

9-15

$5

preferred

8-20

1

11- 1
$1.50
$1.50 1-31-50
9- 1
$15c

—

8-20

1

1

W-r:.xf

(quar.)—

1

9-

$1.50

—

9-10

75c
$1
50c
$1-75
$1
10c
$1.25

—,—.

(quar.)—

(reduced)-

9-

—

—

Club

9-

60c

——

preferred

6%

pfd

common

Chase

30C

„

Co.

Paper

Chapman

$4.50

Co.

(Sidney)

10-

\

Champion

8-12
8-22

$1.35

(quar.)-

10-

$1.75

(quar.)

(quar.)—

Products

Co.,

Lead & Smelting,

Zinc,

prior

Anchor
6%

pfd.

(quar.)
(quar.)———————

preferred
preferred

$4

American

7%

Refining,

Sugar

8-12

1
1

9-

75c

Smelting & Refining Co., common
Foundries————;—

American

1

9-

9-

9-

'

10-

8-31

Steel

American

60c

$1.50

Company

Belt

$1.25

—

(quar.;

com.

Foods

Moon

Blumenthal

9- 1

25c

—

—

preferred

6%

American

American

"

1

Tobacco

Bros.

6%
Blue

$1

:

(quar.)

B

$4

Bloch

8-5

Chemical—

&

Class

8-5

'

Name of

Chain

(quar.)

Book-of-the-Month
-

Co.—

preferred

Payable of Ree.

$1.05

Light,

8-15»

1

10-

——
37'/2c
—31'Ac
i--:.
28'Ac
$1.25 conv preference class A (quar,)——
31'Ac
American Laundry Machinery Co. (reduced).
35c
American Machine <fe Foundry Co—.u———
20c
American Metal Co., Ltd., common
—
25c
4^2%
preferred (quar.)——!
—*—
$1.12'/2
4V2 % preferred
(quar.)
$L12'/2

Meter

&

Power

9-1

(quar.)
preference (quar.)—;
4Me %
preference (quar,)—

Potash

8-31*

Illinois—

of

Hills

5.40%
preferred
(quar.;
Blaw-Knox
Co.
(quar.)-,—

9-

5%

American

Black

9-1

Common

American

8-17

9-12

(quar.)—,—-—

(Newark, N. J.)—
>———45c

»«,i»

1

Co,—•

preferred

Insurance Co.

Increased

8-17

4.20%

-75c
Home Products (monthly)—10c
Indemnity (Baltimore)
(extra)—
40c
Indemnity Co. (s-a)——
$2.40

convertible

8-17

1

Bigelow & Sanford Carpet Co., Inc.—
Common (quar.)
6%
preferred (quar.)
Bird & Son, 5% preferred (quar.)

9-

75c

1

9-

50c
62 V2c

(quar.)...,—i-;

Leather

-10-50

Share

Name of Company

8-19

10c

——-r-

(quar.)—

preferred

&

10c

(irreg.)_—

com.

preferred

convertible

$2.50
$3

Corp.,

(irreg.;

convertible

$2

10-10

When

Per

"

General

Payable of Rea.

Share

Name of Company

,

American

De

preferred
Walt, Inc.

Deere

&

Company,

B

(quar.)—-

common

(quar.)

Special
7%
Del

•

.

preferred

Monte

.

(quar.)

Properties

.

Co. .(quar.);

Delaware & Hudson Co. (quar.)

'

7

$1

9-20

8-15
-

8-29

j

4% pfd. (quar.)__
3.70%
preferred
(quar.)
_
4.28%
preferred (initial quar.)
Dempster Mill Manufacturing ( quar.)
Stock Yard

Union

Denver

9-10

General

Baking
Builders

9-30

9-10

General

9-30

9-10

5%

►

8-20

1

8-15
9-15

50c
lc

___

1

9-

9-27
11-15

9-

Ordinary

1

Bonus

Diamond

Alkali

Co.

Match

Co.

8-

1

8-19

General

9-

1

8-19

7%

75c

9-

2

8-19

7%

(quar.)__

share

(One

held)

for

i

Corp.-Seagrams, Ltd.
Dixie Cup Co., common (quar.)
$2.50

class

Pepper

A

20%

Gas

Dominion-Scottish

preferred

Stores,
Tar

Common

-Voting

Ltd.

Precision

General

Refractories

8-31

8-17

General

Steel

$4

preferred

Eagle

Picher

1st

Gas Co.,
preferred

&

$4

preferred

Boat

Electric

Ferries

6%

prior

9-

15c

9-10

8-20

30c

9-

9

8-19

9-30

9-20

9-10

Drug

9-

10c

2

9-15
9-15
9-15

8%

9-

12-15

12-

1

1

9-

2

10-

1

9-

2

preferred

1

9-30

4%

guaranteed
District

<■

5%

lff

preferred

Common
20c

$3

•

1

9-15

15c

9-21

9-

9-

8

-

9-30
1

; £.

$5

<

preferred

Railroad

10-

$5

preferred

1

preferred

Esmond
Fair

Fajardo

Morse

Sugar

Farmers
Fashion

Life

Inc.,

Insurance

L

$2.50
50c,

(quar.)

$1.25

convertible
Insurance

Federal

preferred

Co;

(N.

United

Finance Co.

at

40c
$1

pfd.

First

National

First

(quar.)

FitzSimons

&

Dredge

Dock

&

-

$4

preferred
Power

Corp.,

Florida

Power

&

of

Class A
Class

V

:

8-20

9-10
9-15

9-

■

Fort

9-

5

9-

8-26

8-

8-26

888-

1

Franklin Simon & Co.

Freeport

Sulphur

4%
Gair

:Gair
..

6%
-6%

of

(quar.)
Canada, Ltd.,

(Robert)

Company
preferred (quar.)
preferred
(quar.)

General American

8-16

$1

4%

pfd.

(quar.)

preferred

9-15

(quar.)
i

9-

99-

$$1
10c

—

1
1

(initial s-a)

Corp.- (quar.)




——

*'

1

9<

1

9-

1

,

8-16

8-31

8-16

8-16

8-31
8-31
8-31

8-

8-16

8^16

8-31

8-16

8-31

8-16

3c

8-31

8-16

7c

8-31

8-16

8c

8-31

8-16

•

$5 preferred

$1.25

3-30

$1.25

(quar.)—

12-28

$1.25 3-30-50

—

$1.25 6-30-50

9-12
12-

8

3-10
6-12

75c

Co.

9-10

8-15-

30C

—

Utilities

10-

$1.25

(quar.)

Stores,

9-15

8-22
8- 1

9-

1

8-15

9-

1

8-15

Co.,

Ltd.

Watch

Co.

Water, 4%

1

9-15

10-

1

9-15

1

8-10

25c

pfd.

9-15

8-16

$1

9-15

8-16

25c

(quar.)

Co.,

8-10

9-

,

9-15

1

10-

$12 %c

$22 %C

conv.

9-10

8-19

(quar.)

common

—_

$1.0614

10-

1

9-10

$1.12%

A

10-

1

9-10

Oil Co. of California—

Silver

Utilities

Investment

A.) Company, common
preferred
(quar.)
Refractories

(irreg.)

'

-

Public

Iowa

Iron Fireman Mfg.

Jamaica

Gas,

Fire

4%%
Co.

Insurance

5%

pfd.

Jefferson

Glass

Co.

preferred

preferred

Hotels
conv.

9-15

9-

1

9-15

9-

1

(increased quar.)

30c

9-

1

30c

9-

1

8-10

12-

1

11-10

7%

Jones

&

(stock

dividend)—

'9- 1
10-20
10-15

9-30

9-14

8-31

11-11

10-31

1

8-19

Co.

(quar.)

10-

1

8-11
6

8-13*
9-16*

9-15

8-20

$25c

10-

1

9-16

$$2.50

10^

1

9-16

25c

(quar.)_.

Ltd.—

343/aC

(quar.)
-

-

(quar.)

'

9-15

8-31

25c

9-

1

8-17

87 %c

9-

1

8-17

50c

9-10

8-26

31c

9-

1

8-19

20C

8-26

8-16

9-30

9-20

20c

Corp., common (quar.)
preference (quar.)_u——-

20c

10-28

9- 1

8-19

50e

9-

1

8-19

9-15

9-30

9-15

8-31

10c

9-29

'"9-

Mills

a

I
J

—

8-25

11-15

10-25

65c

10-

1

$1.25

10-

1

(quar.)

preferred A
(quar.)
Vegetable Parchment Co.

(quar.)

15c

Light, 4% pfd. (quar.)
3.80%
preferred (quar.)
:
Katz Drug Co., common tquar.)
$4.50
preferred
(quar.)

$J

Corp.,

Kalamazoo

Kansas City Power &

Kawneer

.Company

8-31

9-12

5%

30c

..

Steel

9-12

.

9-10

35c

—

(increased quar.]

dividend

Laughlin

8-25

(La.)—

Sulphur Co.

2

9-

2

8-30

9-

1

8-15

9-

1

8-15

9-15

95C

8-31

1

9-15

9-30

9-10

10-

25c

Moc

9-

9-10

12 %C

$1.12%

(quar.)

*

9-30"

9-10

25C

•9-30

U'.:,,\50C

CopperrCorp.

Kennecott,

V' 9-30

'"20c

9-15

8-25

9-

8-15

(quar.)——_______

Kentucky Utilities! Co., com. (quar.)
434%
preferred (quar.)—
Kerlte Company
Kern County Land Co.
(quar.)

$1.18%

9J 2
9-

2

"

1

9-

1

$6

Oil

Industries,

preferred

$1.20

Keyes

(quar.)

com.

5%

6

8-15

9-

6

8-15

1

8-13

9-

30c

9-

1

8-13

$1.50

10-

1

9-23

$1.50

9-

1

(quar.)__

25c

10-

1

9-15

(initial) __

10c

9-

1

8-16

(quar.)—

pfd.

conv.^pfd.

Kings County Lighting new

9-

6%c

—

(quar.)———

Fibre Corp. 6% prior
preferred
(accum.)

King-Seeley Corp.,

9-15

75C
25c

Kerr-McGee

50c

com.

8-25

$5

(G.

prior

Kirsch

9-

9

5c

Kinney

9-26

9-

9

$1.25

8-25

8-10

25c

Inc.-(quar.)—

R.),

preferred

(quar.)

9-26

Company—

$1.50

preferred

preferred
Creamery Co.

Knudsen

Common

of

(quar.)

1

9-21

37 %C

1-2-50

12-22

37 Vic

4-1-50

3-22

37 %C

(quar.)
(quar.)
(quar.)

pr el erred

$1.50
$1.50

—

10-

California—
IOC

—

9-

9-14

15c

8-31

—

3

8-15

8-25

37 %C

preferred (quar.)______
Co.
Kresge (S. S.) Company
(quar.)
Kress (S. H.) & Company (quar.)
Kroehler Mfg. Co.,
60c

Koehring

'

8-15

50c

9-12

8-23

50c

9-

8-10

1

4%%

preferred

A

(quar.)

$1.12%

9-27

4%%

preferred

A

(quar.)

$1.12%

12-28

60c

9-1

Kroger Company, common (quar.)___
6% 1st preferred (quar.)—__—

9-21
12-21 ;
8-10

1

9-15

15c

9-14

-~'9-8

preferred (quar.)__j—L
Laclede-Christy Co.
(quar.)
Laclede Gas Light Co. (quar.)

20c

9-30

9-24

8-31

8-10

50c

La

France

Industries,

$1.50

common——

convertible

of

5c

Co

Lake

Superior District

Common

9-

1

8-

1

9-

1

8-

1

$18C

preferred

5%

convertible

Lamaque Gold
(M.

Lane-Wells

Co.

Inc.,

Lea

Fabrics,
&

D.)

Leslie

Salt

Lessing's,

Inc.

8-18

10-31

9-

1

8-15

8-25

1

9-10

9-

2

8-15

8-31

8-19

8-31

8-10

50c

37 %c

(quar.)__—

(quar.)

8-24

9-15

5c

25c

10-

1

9-13

62 %c

10-

1

9-10

37 %C

9-

3

8-20

35c

9- 1

8-15

50C

9-

1

8-10

40c

9-15

8-20

5c

9-'9

9-

9-10

8-25

(quar.)—

—

9-15

10-

$1

—
<

Llbby-Owens-Ford Glass €0.

8-17

1

1

$25c

Company

(quar.)

1

9-

40c

(quar.)

Inc.

Co.

10-

11-

25C

preferred

(H.

8-15

7%C

—

(quar.)
(quar.)
—
Lees (James) & Sons Co.
(quar.)_____^.____
Lehigh Portland Cement Co. (quar.)
$2.50

Lee

8-15
8-15

1

$3

(quar.)

(quar.)_

Company, common

1
1

9-

$12c

common

Bleachery & Dye Works
Lang (John A.) & Sons, Ltd. (quar.)
Lansing Stamping Co. (quar.)——
Lanston Monotype Machine (quar.)
Leath

99-

25c

(quar.)

(s-a)

Inc.'

Bryant,

8-t5

$1.25

—

preferred

Mines, Ltd
H.),

preferred

$6

40c

(quar.)
2nd

9-15

Power Co.—

(Increased)

5%

Lane

9-16
9-14

$40C

I

(quar.)
preferred (quar.)
Mines, Ltd

Shore

Lamston

3

9-30

10-

$$1.75

Common

7%

35C

10-

Woods Milling Co., Ltd.—

10-18

25c

9-30

$1.25

_

Lanett

•

8-19

$1.25

$1.25

$5

(quar.)

Lake

33%%

(reduced)

(s-a)

B

2

8-15

1

5C

com.

5%

8-25

9-10

30c

;

(reduced)
pfd. A (quar.)

preferred (s-a)
& Johnson, com.

Stock

8-15
'

1

Co.

Johnson

Steel

$1.12%

-

9-20

25c

9334c

(quar.H

the

30c

'-4%

Lake

Lake

25c

(quar.)

7-29

9-29

(quar.)__
—i—,——

(quar.)

Co.

B

Knitting

Laclede

10-

8-22

75c

preferred A (quar.)

8-15
9-

9-15

common

Supply,

preferred

$5

1

8-25

Mining

Co.,

(quar,)

Engraving

Water

9-

9-

Hilton

Oilier

&

8-15

,

1

10-15

30c

Jahn

8-15

50C

(quar.)

Chemical

-

-

8-15

9-

9-15

$75c
16c

Jaeger Machine Co._

1

1

8-12*

Inc.

Iowa Southern Utilities Co.

1

9-

8-11

1

(quar.)

Corp.

Fund,

Service

1

9-12

1

9-

Ltd.—
preference (quai'.)__

preferred

9-

$1.50

(quar.)

preferred

vl

1

9-

25c

(quar.)___-.—

common

quarterly basis

a

9-

$1.06%
-

-

2

9-

40C

Stock

on

9-

$1.20

_

^

Co.—

9-

9-20

'

Now

50c

(M.

2

9-29

25c

—

Investors Telephone Co.—

25c

m

(quar.)

$1

9-

$1.50

(quar.)

8-22

9-29

Foundation,

convertible

6%

5

9-20

$1

Corp.

Co.,

8-

1

t40c

Corp.

Intcrtype

50c

(quar.)

B

9-

$1.75

(quar.)

(quar.)_—

Products

25c

A

—

of

Paper Co., common

International

4%

Monthly

8

1

9-30

$12 %c

(quar.)

Ltd

U-

9-

t7c

Co.,

Paper

1

37 %c

(quar)._

Ltd

Bridge

1

12-

25c

—

0-

$250
50c

(quar.)

Hlbbard, Spencer, Bartlett & Co.—
Reduced monthly
*
——.—*
Monthly

8-19

8-15

10-31

International

8-16

8-31

25C

5%

12-1
'

12-31

Co.

'

preferred A (quar.)
Heywood-Wakefield Co., common

8-13

9-10

15c

8-16

8-31

7c

3%%

"8-19

12-20

75c

8-31

9c

Hendry (C. J.) Company, 5%% pfd.
Heyden Chemical Corp., common

8-18

9-10

30c

8-16

25c

5%

8-18

1

30c

8-31

10c

Hendershot Paper Products,
Common
(quar.)

8-12

50c

(quar.)__

preferred
Co.

Gearko, Inc., 6%
,,

common

1

9-

$1

8-16

Hazel-Atlas

[Franklin])

(quar.)

8-16

8-31

Hathaway Bakeries, Inc. (quar.)
Pineapple Co., Ltd. (Irreg.)

8-19

8-22

10c

(see Simon

Co.

Fruehauf Trailer Co.

10-

37%c

(quar.)

8-31

9c

•

preferred; (quar.)_.
preferred
(quar.)__~_

4%%

Hecla

(quar.)

Co.

8-16

12c

Hawaiian

Foster-Wheeler

6%
prior
Fownes Brothers &

8-31

-

—

Hartford

8-15

1

30c

(accum.)

Nickel

*

8-16

10c

Cotton

Harshaw

5

9-

8-16

8-31

10c

Mines.

Harrisburg

5

8-26

$2.75

8-16

8-31

12c

(quar.)__
Lime & Alabastine of Canada, Ltd.

Common

Fort

Corp.
preferred

9-20

7c

Inc.

6%

5

8-26

$25c

9-

1

8-31

9c

'

Corp

$4.25

5

$25c

8-31

preferred

Common

(reduced!

Hanna

8-11

25c

8-23

10-

$30c

Extra

8-24

Bridge Works (quar.)
Wayne & Jackson RR. Co.—
5% %
preferred
(s-a)

9-21

$1

8c

Harbison-Walker

9-

Pitt

8-22

14c

Extra

1

9-20

8-22

Cigar Machinery Corp. __—.—
Publishing Co.—

International

Jantzen
*

••

—

Brothers

Class

8-26

25c

:

1

9-

60c

9-16

Hancock

11-20

$1.12%

(quar.)

9-15

1

<j4V4%

8-20

1

$25c

B

9-30

Machinery

Hammermill

8-15

1

$25c

Extra

;/

9-15

..

9-

8-16

Hamilton

Ltd.—

Extra

9-15

9-30

8-16

Hamilton

8-15*

30c

(quar.)

9-30

^

Extra

.

;

9-15

8-16

Hamilton

8-15*

9- 1

7-29

9-10

7

15c

8-31

Hamilton

2

1

1

$1

Canada,

8-22

8-31

Hallnor

Co.—

4% %
preferred (quar.)
Forbes & Wallach Class B (quar.)
Co.

12-

99-

50c

(quar.)

common

Light

1

8-31

Class

._

9-

$30c

HaBararton Oil Well Cementing Co.

"

(quar.),

Florida

Ford Motor

1-3-50

9-

8-22

9c

Hale

8-19

12-

1

$25c

(increased)

Hajoca Corporation

8-22

$1.50

9-

$25c

8-19

1

$1.50

8-11

30c

:

"

(quar.)

6%
1st preferred (quar.)
Flintkote Co. common (quar.)
,

9-10
10-10

9-

1

7c

Gypsum

Co.—

—

8-11

8

8-17

Educational

International

3.75%

Stock

States

r

6

10-

25c

1

9-

$1.75

8-19

9-

White ""

Bond

Gulf

8-15

1

25c

Connell

1st preferred

9-

9-

$1

Fitzsimmons Stores, Ltd.—

6%

9-15

25c

9-15

1

8-

9-1

20c

Machines

Business

preferred

Investors

Equipment

Oil

6

$1/25

7

Bond

5

9-

75c

Company (quar.)

.Quarterly

,

9-

30c

»

(M. H.)

9-10

50c

Inc.

Corp., common (irreg.)
$2 preferred (s-a)_
1
Firth Carpet Co., common (reduced)—*
5%
preferred
(quar.)
*
Fishman

2

9-15

$2.50

7

9-

$1

8-31

$1.12%

York

Stores,

9-

9-10

$1
.

Firestone Tire & Rubber, 4%%
Bank Stock Corp. (s-a)

9-20

$2.50

(quar.)__

9-

1

$62 %c

Gulf, Mobile & Ohio RR., $5 pfd.
$5 preferred
(quar.)
$5 preferred (quar.)
$5 preferred (quar.)

8-18

Baltimore, cl. A-

8-26

12c

Guantanamo Sugar Co.,

8-25

40c

Cleaning & Dyeing

of America

1

10-

Priced

9-20

•

8

10-

.

7c

10-15

1

1

First

*

1

9-

1

—

Class B

.

11-

9-

;

8-

25c

9334c

Utilities

9-15

1

10-

Mogul

8-25

11-25

Steel

9-10

1

31%c

(quar.)
(quar.)

J.

9-15

9-

1

9-

8-31

5

'12-15

9-10

9-10

1

$4

o-lO

8-22

8-31

9-

8-

1

9-30

9-15

8-13

9-29

10-

8-10

Canada, Ltd.___

Petroleum

8-15

1

9-12

$1

pfd.

;

Railroad

9-

10-

75C

25c

International

,

Railroard

20c

$1.25

2%c

International Harvester 7%

Building

Railroad

8-17

shares—

8-15

$25c

'

7-26

1

(s-a)

Group

8-15

10c

1

1

9-

(quar.)—_

Shares

Bond

9-15

8-26

8

9-

30c

$2

9-15

1

8-

13%%

50c

International

7C

Gulf

Mining & Smelting Co
Corp. (quar.)

Federal

••

1

8-29

$1.50

International

9c

9

10-14

10-

Co.

8-16

9- 9

17c

8-15

(quar.)—

Paper

9-30

al3%%

(increased)

9-15

*

8-15

9-

&

1

9

8-16

Inc.

Co.,

$1.25

Merchandising

Co.—

(quar.)

Co.

8-

1

50c

Group

Stock

9-

8-

1

Shares, Ltd.—

Bank

8-15

9-

9-

9-30

$3%

International

(quar.)

Investing" Company

8-26

1

Institutional

9-12

1

'

7

9-

Co.

9-

Y.) —

Railway Co.—
preferred

12-20

(s-a)

8-15

common.

Co.,

9-20

12-30

Co.

9-30

$2

2

9-30

$3

9-15

-•-v.:

9-

9-12

(s-a)
Ltd.—

Canada,

1

Institutional Bond
-

Enterprises, Inc.—

Federal

Fenton

'10-

9-

$0.185625

(quarterly)

Chemical

•

Steel

$3.50

9-15

1

$1.25

9-

;_t

preference

Industrial

8-15
11-15

,

9-12

100%

(quar.)

Y.

Park,

Federal
Federal
s1

N.

9-1

50c

(quar.)

common

Inland

25c

(N.

Co.,

8-19

$12 Vic

Water

Ingersoll-Rand

8-23
9

8-31

10-

50c

$1

Fully Administered

2

50c

(quar.)

:

Traders

&

Syracuse,

r

11-1

8-23

9-

8-19

12 %C

$1

Engineering Works
Co., Ltd., commmon

B

General

8-17

12- l

:'$25c

—

(quar.)

dividend

preferred

12-

1

$1.25
' $1.25

:

4V2%

*

9-

8-20

1

6

8-31

(quar.)_

common

preferred

of

6

8-

Silica

1

10-

Co.

8-

8-11

Corp.—
preferred (accum.)

6% %

1

(London, Ont.)

8-15

Electrical Equipment

8-19

1-3-50

Industrial

*

11-10

25c

Co.

Brewing Corp.,

Stock

1

1-10-15

&

9-12

5c

Paper

preferred

Low

Co.

Extra

Falstaff

9-

10-10

7%C

Gas

9-12

5c

50c

&

9-

'

8-15

75c

_

pfd.

8-25

Automobile

1

7%<5

'

(quar.)

1

Aviation

8-19
9-

10c

Ltd., 5%
L;

(The) '

Fairbanks
v

A

Mills,

9-

$$1

-

West Felt Co., Ltd
Group Securities, Inc.—
Agricultural
I

'

(quar.)

8-25

9-

9-10

12%c

(quar.)_—
Indianapolis Water Co., class A (quar.)
5%
preferred A (quar.)—
Industrial Rayon Corp. (quar.)

8-25

1

..

Chemical

1

Indiana

1

'

$12 Vic

Great

9-15

9-15

$1.25
.____

(quar.)

»

A

9-

$1

(s-a)

preferred

Co.

1

9-

6%

RR..

preference'

10c

(quar.)__
!———

(s-a)

Northern

9-15

1

Tea

Insurance

A

Non-cum

9-15

10-

31c

_______

_

9-

.

Northern

/>'.

i.__,
(irreg.)

2*

8-12

9-

$1

Imperal Tobacco of Great Britain & Ireland,
Ltd., ordinary (interim)
:T___
Ordinary registered
(interim)

2*

9-

25c

(quar.)
Fire

Great

1

10- ;1

Pacific

Class

8-12*

50c

(quar.)

common

___,

9-

1

Ltd., class A (quar.)__

Indemnity Co.

N. Y.

Lakes

9-16

"50c

(quar.)—

j—

common

1

37 %c

(s-a)—

Y.)

(N.

(quar.)

&

Eastern

Lakes

8-17

9-

Co.

Great

25c

4%

1

8-26

9-12

25c

(interim)

Ordinary

1

9-

10-

(reduced)

Class

8-19

8-31

9-

$25c

preferred

Great

8-15

9r

$1.75

(quar.)

convertible

Erie

11-23

i

Great

8-18

$1.50

Co.,

(irreg.)

11-30

10c

8-18

$1.06"A
'
40c"

_

(quar.)

Equity Corporation,

Imperial Tobacco

8-15

9-20

8-12

$$1

$1

Company, common
preferred
(quar.)

Plains,

'

Electric

Illinois Central

8-22

Co

T.)

Atlantic

7%

9-16

9-

Co.

Bank

American

Great

8-16

30c

(quar.)—

Empire

8-19

1

8-31

9-20 ■"

8-10

9-10

$1.25

Sash & Door Co.,
preferred (quar.)
5%
preferred quar

9-

__

8-10

1

8-27

$$1.25

Huttig

9-15

1

37 %c

(quar.)__<.

Quarterly

9-15

9-15

10-

$$1

.

S.)

Union

Great

Empire & Bay State Telegraph Co.—
-

10-

10-

(quar.)

(W.

Great

8-10

8-25

$25c

(irreg.)—

pfd.

preferred

1

9-

5%

$2

.

& Company,

3% %

10-14

10-

(quar.)—

8%

9-20
9-14

$2.50

(quar.)

A

Grand

1

11-

50c

preferred

1

9-20

40c

(quar.)

(H.

1

$1.50

__

9-15

10c

Co.,

6%
Co.

National

Grafton

8-19

$1.75

(quar.)

Mfg.

A

■Class

8-23

9-10

$1.50

.

C.)

Manufacturing

Grace

8-15

20c

__

.

(H.

Brewing

Gossard

8-15

50c

$1.50

(quar.)

10-

56 %C

(s-a)

9-

5c

(quar.)

Mortgage Corp.

8-31

__________

preferred

Co.

1

9-16
b-20

37 %c

Quarterly

25c

(s-a)

Gorham

9-15

40c

pfd._^

(quar.)

Co.,

Huron & Erie

9- 7

$2.50

(s-a)

preferred

junior

Class

8-19

10-17

$1.25

25c

Electric

8-25

50c

8-31

$1.02%

Co.

2nd

9-

1

9-10

$1.06i4

$25c

1

common

Emerson

7%

9-15

._

,

8-20

10c

__

1

10-

55c

25c

10c

(quar.)

10-

56 %c

_J

8-16

(quar.)

preferred

8-12

$12%c

Oil & Refining Co
Hunt Foods,
Inc., 5% pref. (quar.)
5%
preference series A (quar.)

1

—

1

Humble

9-28

____

1

*

Ely & Walker Dry Goods

*

9-

(accum.)—

Ltd.

Extra

10-10

Car

25c

(quar.)

Golden
Manitou
Mines, Ltd.
(Interim)
Golden State Co., Ltd. 4% pfd. (quar.)
Goodall-Sanford, Inc., common (quar.)
4% preferred (quar.)
Goodyear Tire & Rubber, ^common (quar.)
$5 convertible preferred
(quar.)
Gordon Mackay Stores, Ltd.—

9-21

1

9^15

Co

Emerson

10-

$1.50

A

10-10

1

Rutgers Fire Insurance Co.—

preferred

Grant

Trust,

preferred

Co.

1

9-15

55c

2

9-

(quar.)

Motor

9-

$3

2

9-

50c

Hudson

9-10

50c

(quar.)_

2

9-

—■-

8-11

50c

(accum.)—

8-

9-27

Bay Mining & Smelting Co., Ltd

10c

8-13

1

$1.12%

(quar.)

&

Goebel

1

9-

45c

Inc.

Co

Corp. _:
National Watch

Electric

V

10-

(quar.)__

conv.

Electrolux

Elgin

10-15

50c
50c

(quar.)

preferred

pfd.

8-26

8-26
9-27

$1.25

Hudson

25c

1

(quar.)

Investment

$6

9- 9

$1.12 %

A

8-10*

25c

Corp

8-15

1

9-15

(quar.)

Co.

8-15

1

$1

Fund, Inc

Sound

Howe

1

9-10

35c

.

(quar.)

common

convertible

Godman

1

10-

10-15

Ry.—

Corp., $7 pfd.
preferred B (accum.)

4% %

10-

__

States

4.10%

11-15

_

Eddy Paper Co., Ltd., class A (quar.)
El Paso Natural Gas, common (quar.)
*•'

1

10-15

(quar.)

Manufacturing

Co., commonconv. pfd. (quar.)

Co., 5% preferred (s-q)
(quar.)

Company,

1st

$5

25c

pfd.

Chemicals,

Co.

Massachusetts

Economic

12-

(quar.)___

5%

A.)

5%

8-15

(quar.)_

preferred A (quar.)
preferred B (accum.)

$6

1

(quar.)

6%

•

9-

9334c

Co.

Co.,

Globe

1

3

8-

(quar.)

com.

preferred A

Eaton

9-

8-15

.

$1

6%
6%

1

8-31

40c

Natural

Plastics

-

1

9-

81 Vic

preference

Mfg.

convertible

Durez

Eastern

10-

15c

4%

Products

Steel

Eastern

4%%

$15c

(quar.)

Electric

Duquesne Light
$5

Glidden

(quar.)

preferred

Duquesne

1
1

$1.25

Drewrys, Ltd. U. S. A., Inc. i(resumed)
Dun & Bradstreet,
common
(quar.)
4% % preferred (quar.)
Dunn

1010-

$25c

(quar.)

Industries, Inc.,

Duncan

1

1

(quar.)

Corporation,

3%%

11-

common

A

Co.

1-1-50
9-

Plan

Howe

11-

Harvester

$15c

Drug

Dresser

(S.

Gleaner

$25c

Quarterly

Dravo

Gerrard

8-15

11-

___

(quar.)

Co.,

9-16

11-

Corp., common
Corp.
(quar.)

8-15

$25c

(quar.)

preferred

8-18

j.

—

Co.

Rubber

1

$25c

(quar.)

Brothers, Ltd.
(quar.).
Co., Inc. (quar.)

2nd

11-10

1

1

30c

(quar.)
(N. Y.)

preferred

preferred

9-

910-

$1.06 >4

(quar.):—

common

(quar.)

Hardart Co.

&

(quar.)

Horner (Frank W.), Ltd., class A
(quar.) —
Houdaille-Hershey Corp., $2.25 pfd. (quar.)_
Houston Lighting & Power Co
Howard Stores Corp., com.
(quar.)
—
4%%
preferred (quar.)

9-12

50c

$37 Vic

-

c

Industries

7

11-25

$1.25

Waterworks

9-15

9-

$$1.62%

_

certificates

Dow Chemical

Dow

General

Gerity-Michigan

Aircraft

$3.25

General Tire &

9-15

9-

10-

conv.

5%

11-10

843/sC

(quar.)

Corp., common
(quar.)

preferred

7-29

1

7

11-25

$1.75

Co., Ltd.—

(quar.)

preferred

4.40%

8-15

9-

10-14

$1.75

Castings,

1

10-

$$1

10-14

1

preferred

Horn

—

$1

(irreg.)

com.

Equipment

Telephone

8-25

$$1.25
$30c

(quar.y

Chemical

&

trust

Donohue
Dover

General

8-20

(quar.)
Ltd.—.

Investments,

(accum.)

Dominion
Dominion

$1

9-10

1

Oil

Electrochemical,

$4.50

9-7

$1

(s-a)

Co.,

General Plywood Corp. 5%

1

Ltd. (quar.).
Electric, 4% pfd.

&

10%

ord

Advertising

25c

,

Eridge,

Outdoor

9-

9-

reg

6

25c

(quar.)
preferred (quar.)

General

Honolulu
Hooker

10-

preferred

10-

(monthly)__

8-15

When
Holdfre
Payable of R«e.

30c

(quar.)

Co.

47

50'c

20c

(quar.)

Company, Ltd.
Corp.

(D. H.)

8-15

a7%%

Corp. common

15c

&

Dominion

Douglas

Motors

General

9-10

9-26

25c

for

preferred

62Vic

(quar.)

Dominion

5%

General

1

8-23

9-15

$25c

—

preferred C

Fireproofing

$3.75

(quar.)

alO%

u.—

preferred (quar.)
preferred (quar.),

$5

Anglo Investment Corp., Ltd.—
preferred (quar.)

5%

9-

two

Company

llominguez Oil Fields
Dominion

(final)

each

10-17

(annual)

-

Share

Co.

Manufacturing

Holmes

1

9-

E.)

$4.25

(s-a)

A

Mills, 3%%

___

Distillers

Dr.

9

1

Company

(Charles

9-15

25c

$1.75

receipt

General

deposit receipts ordinary

dividend

conv.

1

9-

$1

Ltd.—

Co.,

shares

4%

9-

25c

Hobart

9-

9-15

Corp.

preferred

37 Vic

(quar.)

Corp.,
common
preferred (quar.)
Disston (Henry) & Sons, Inc.

Stock

5%

Hires

9-30

7%%

Finance

8-15

4%

American

General

Per

Name of

9-19

9-15

(quar.)

Bonus

9

2-6-50

9-10

50c

a-

Dictaphone

Distillers

8-

1

2-1-50

75c

(quar.)

Diamond

9-

75c

1

10c

common

—_

deposit

10-

Ltd.—

registered

American

Chemical Co.
participating preferref (s-a) _s
participating preferred (s-a)_

6%

Cigar Co., common
preferred (quar.)

Holder«

31 V*c

Supply Corp.,
(quar.)

(731)

Payable of Reo.

$2

(quar.)__

preferred

conv.

7%

Dewey & Almy
6%

preferred

$8

Co.,

General Electric Co.,

11-10-

9-15

When

Share

General

9-

60c

CHRONICLE

Per

9-30

25c

(quar.)__

Co.

Derby Oil Co. (Kansas) (reduced)
Detroit-Michigan Stove, 5% pfd. (quar.)
Detroit Mortgage & Realty (quar.)

FINANCIAL

Name of Company

Payable of Rec.

$1
92%c
$1.07
$1.50

& Light,

&

Holder*

When

rer

Share

Name of Company

Delaware Power

COMMERCIAL

THE

Number 4831

Volume 170

7

1

n.

48

(732)

THE
Per

Name of Company

Life

Savers

Share

Lima-Hamilton

Corp.

National

$1

(quar.)

Co.

Lincoln

Co.

Inc.

Miami

RR.

guaranteed

8-15

National

Dairy

National

8%

12-10

2-21
8-23

12-10

11-24

9-

1

8-

9-

1

8-

$2

8-31

Star

5%

(quar.)
(quar.)——

Louisiana

Land

Louisville

&

&

4V4%

(M.)

&

preferred
Mfg.

Products

MacKinnon

10-

1

1%

9-20

1-1-50

12-20

4-1-50

3-20

9-

8-15

&

1

(P.

Manhattan

R.)

&

Co.

2

1

9-15

8-16

New

9-15

New

York

Hill

d35c

(quar.)

8-20

$12 (4c

2nd

conv.

preferred

Bank

preferred
1

1
9

8-19
8-15

Bond

10-

1

9-

$2

9-

1

Diversified

9-

9

10-

1

9-

9>

8-25

8-

5U

8-25

8-

5

;; -;

ioc

Investment

Diversified
Electrical
Food

2

Government

8-25

8-

8-25

8-

5)

8-25

8-

5

ioc

8-25

8-

8-25

88-

5

8-25

8-

5

15c

v

4c

Fund——

,

14c

8-25

8-

?- i
9-

l

8-

5

Insurance

9-

1

8-

5

8-25

88-

1

8-

5

Series

50c

9-

9-15

11-15

,_i.

Oil

9£

37 (4c

$i

9-12

Steel

9-12

9-

35c;

<quar.)__

$45

8-31

35c

for

8-12

9-

Corp.

Norfolk

10-

1

8-15

9-

1

8-19

75c

9-

1

8-19

25c

9-15

5c

pfd.

conv:

preferred

(quar.)

A

(quar.)

2

10-

2

9-20
8-25

of

9-15

25c

~

■

-

~

9-16

North
North

Illinois
Indiana

River

1

8-15

1

8-15

Northern

10-

1

9-15

4y2%

10-

1

9-15

12-15

11-15

9-

t25c

9-

6

Northwestern

34 %c

9-

9-

8-18

preferred

Northwestern States Portland

8-25

9-

8-10

12-

11-10

$1

9-

8-10

6%

10-

8-31

4%

Norwich
Nova

-

>.

Z

r

(quar.)—

8-31

Oak

8-15

Oceanic

9-15

9-

Ogilvie Flour

37 tec

1

$2.50

I

9-15

8-31

35c

.

9-10

8-27

59%c

____

IHZ_

9-30

9-16

20c-

8-31
9-10

8-17

Ohio

9-

1
1

8-16

Extra

8-12

•9-

Co.

Co.,
(quar.)

50C

9-

1

8-19

9-15

$1.50

12-28

12-15

12c

9-12

8-23

12C

12-12

11-23

25C

Nachman Corp.

9-28

9-27

9-15

common

(quar.)—

Seamless

■

4(4%

preferred

5c

Co.__

50c

National Automotive
Fibres,"Inc.




8-23

8-

9

Co

Tube

62 (4c
40c

"
-

9

A:

1

10- .1

9-

•

lOc
.

r

(quar.)

,

8-20

-

9-10

25c
-

35c

"■

8- 9 i

9-10

8-

"

Co

9-

1

Inc.,

8-

*

9-

2

8-25

88-

.

9-30 y
.

Otter Tail Power Co.,

$3.60 preferred
Marine

9-

1

8-15

Oxford

9-

1

8-10

Pacific Finance

(xiuar.).—
(nuar.)__
&

com.

Manufacturing

y- 10-

1

Paper, $5 preferred -(quar)--.
Corp.,

common

—Z_Z Z:

9^10
9-

8-25

$1.25

(quar.)_____: 40c."-

9-

"v

1

9-

'l

Co.,

&

1

9-

l.Z

8-15
J

99-

1

9-

1

9-

8-15

1

1

8-11*

.

?

8-11*
8-

...

5

*

50c

•s

8-15'
8-

9

10-

P

10-15

al7(4%

~

Z

1

6

:

7-15

9-12

15C

8-29

10-

$1.25

1

9-20

9-1

8-19*

25c

10-

1

9-10

$1.37(4

9-

1

8-19

$1.25

9-

1

8-19

$1.75
■H' 10c

(quar.)ZI

9-

1

8-20

'

•

8-15'

8-29

50c

:

9-26

9-

5c

8-31

8-19

1

8-15

25c

9-

9-

37 '/2c

9-

,

2

1

8-15

1

8-15

35c

9-1

8-15

9-1

8-15

~

-

:

:

9-

1

8-22

15c

9-

1

,8-19;

"

I

25c

9-

25q

(N

12-

50c

10- 3

1

8-10

1-

11-10-

Y )—

Z

9-

1

8-15

$1.10

9-

1

40c

9-

1

8-15

87 (4 c

9-

1

40c

(quar.)-__Z~

-

,

~ ~ _I~~""

"""

:

~~~

::

(quar.)_____~4l 'r~'' '
Ltd., common
•y.y -'-: ' Z-.
Inc., 6% pfd. (quarjZZ" '

8-

5;

9-1

8-

5

10-1

9-

9:*

9-1;
r

1Z

9-

"

p 8-17'
8-12

7-15

37

(4.6

9-

■

15c

$1.25

♦1.1834

1

9-15

10- 1

25c

8-29J

10: 3/

,9-6*

9-1

f-15

t40c
,

12-

1

87 (4c

10-

1

10*

1

9-

10- 1

-•9-

25c

s,

$1.12(4
'

■

-

: >

it

Z

1

10-

8-10

i

ll-lZZ-10-15
ilr l.,;>

;;r i5c

-

8 :
9

9 ?;-

9-15

;

8-25

15c

.

9-

1

30c

A

_

10-

t5c
_

11-16
-

•..•

.

$2 7c

•"--r.

8-15;
8-18

Z8-25*

r

~

.

4

6

9-15
10-

;

2- 'V

9-9

1

9-

50c

_I

~(quar~)

9-

8-18

1

'

-~"

(quar.)—

1-

9-10
10-

Z:Z $40c
__

10-

.

50c

ZZ

(quar.)

(quar.)~~

8-25

35c

.

Dreferred

8-1

8-31 i

9334c

T'

yZv"""""""-"^

8-31 ;
9-15

■'

*

(quar )

- v

9-1

5

t25c

~

preferred

"

8-

40c

-

B

'

8-17;-

25c

$1.50

(quar.;(guar.) *
Mills, Ltd.
--

preferred

1

8-22

125C

,

(quar~)

-

1-

9-

„

9-10

60c

_

-

9-

9-30

$1.25

Corp.

com

9-30 4

,35c
A/50c
$1.50
ZZ 25c

-

(quar.)_

'

8-15

'

common

(quar-.)-_ZZZZZZZZZZZZZZIZZ

Coventry Ltd;,

'

8-15

(quar.)_

I

Gas,

Inc.

9-20;

$1.06(4

ZZZZZIZZI
com.

(quar.)

A

9-

53 (4 c

-

common

common

6%; preferred

25c

25c

10-15

9-1

90c

10--1

Rheem

-"4(4%

Manufacturing,Co.,

.

9-

9V
9

.,

Z

9-15
8-15

7%

•7%

Z

7

(auar.)

1st

Rio

preferred

2nd.'preferred
Oil

Grande

'

$1.12 (4

"*

(quar.)

com.
-

-

40c

-

"
(guar.)-<

-

~

*

£ 1;;•

Z-"- "^J_~ *
-jaZ,.

(quar.)Z—-l__~ZZ'r*":"t"*T;

Corp. ,(quar.)__

Valley; Qas Co

^..

Rochester Gas

,,

*

8-2,;
8-15 '

•

;

Ages

.Quarterly
Rockwell

-

9:

8-10;

'

9-10
'

9-10 T

-9-15
r;

-

9- .1

8-24

A

10- 1
10-

$l.l83/4

•-:2Sr

.-fI--

1

$1.75

Viz: 5c

Coifp.Z. (quar.)
______

10-

?

$1.75
.

___Z_

9•

50c

(quar.T_;Zilit_^liizil

Mahbfacturing -:co:Z--

10-1

'

8-10*'

'

&-Co./ Ltd_ class A-(quar.) > Z t25c
& Electric, 4*%
pfd.''F "(quar.)-$1;

.434-%. preferred G
Rock,; of

,

-'

$1.12(4

'

1,

Robinson LitNe

-

8-15

8-iO.

preferred

Rice-Stix, Inc.—

9-20
.:

l'Z.

90c

35c

1

9-

$75c X

Corp.ZZZZZZZZ__ZZ~~

Sugar

non-cum.

,

9-

;

2

10-

Electric

Knitting

Richfield

37(4c

Z
Co.__

9-30

1

1,

9-

Z|"Z

_

5

'»

99-

•

75c

'

5

8-25

(quar.) —_ZZr_*_'~ 'Z '- ioc
6%
preferred (quar.)
1_!____________T _
50
Ontario Beauty
Supply Co., Ltd.—
f
«
„Z • '. Z ;
Participaiing convertible preferred
(quar.).
' $25c
Oswego Falls Corp., 4%% pfd. (quar_)
—_
$1.12(4

9-30
9-30

'

Reynolds iR. J.) Tobacco, 3.60%
pfd: (quar
(4.50%
preferred
(quar.)________

?
5:

9-15

common

8-19

tSl
convertible preferred
(accum.' "T
Revere Copper &
Brass, Inc., common

'

9

50c
"

9-12

■

50c-

Z':

1

8-lfi

20c

;

-

(quar.>

' (puar.)
(quar.)
Republic Pictures Corp.—

li
1

1

9-

25c

Colorado

of

preference
Inc.
(quar.)-

non-cum.

T6%

*

99-

9-

1

25c

z

preferred'A

Class

9-15

9-15

8-17 •*■•

3

.

Co.

•Z '; Extra
Republic Insurance Co. of Texas
Republic Investors Fund, Inc.

1

7-21 :

9-1

$112%

(quarj)Z

-

11.60

Renold

9-15

<-

50c

9

9-

Z

Mfg. Co.; 3(4% pfd.
(quar.) iiiZ—Z
Remington Rand, Inc., common.^.$4.50 preferred
<quar.)__i__i_~ ~IZ~" •' " :

8-25 r

1

910-

•Z10- 3

$2.50

Reliance

8-19:
9-

9-15

30c

A_y_yZZ';'-Z:'"7

$1.60
f

8-6

9-

9-30

25c

_IZZ__ZZZZZZZ-

Bros..

Regent

8-6

50c

Corporation

Outboard
*

(increased)'*

1

8-23

25c

Z_____^__~IZIIII~__III';

Silk

<434%

6

9-1

9-15-

6

"37(4c

Co., 334%*pfd.
C0.1

Reeves

9-2i:

8-

8-20

9-26

America

Hosiery Mills, Inc.,
5% preferred A
(quar.)_Red Owl
Stores, Inc. Z

8-16

9-1

10-

.

National Alfalfa
Dehydrating & Milling
5% preferred (quar.)_________

8-15

9-15

55c

'

Z—Z^ZZ,

Extra

Omar,

8-15

9-104

9-10

$1.25

(quar.)~__ZZZZIZZZZ

r

•

Z+
r

..

Power

Oliver

*

75

-

—____

1
1

Real

^

$25c

.

(quar.)
(quar.)_^_ _■»
.

8-15

-

—

Ohio

*

$1.50

Z Z,

.

(quar.).

1

9-

'•*

20c

lA

Lid.j common
(quar.)„

Ohio

Mutual Chemical Co. of America—
9% preferred
(quar.)
9% preferred (quar.)
Mutual Telephone Co.
(Hawaii)—
^9.9% preferred AHauar.)
9.9% preferred A (quar.)__

y-

ls6d

l--r

(auar.)_

Mills,

Confection

Preferred

Ohio Dii

*

25c

3V/2C

—

_

'.Zk'j-'ZZ

Co.

Co

7%
preferred
Ohio Associated Telephone $2.20
pfd.

8-17

40c

;

Oil

8-10

10-1
:

;

f$l

8-15

Manufacturing

9-21

.

20c

,

9-

-

1

7

8 12
8-19

.

25c

Rath: Packing
Rayonier, Inc., $2 preferred
(quarZI""""
Ray-O-Vac Company
(quar.)
Z__ZZ4-IZ
Reading Co.; 4% 1st preferred

1

8-25

9-

1

9-

87 (4 c

(quar.)

Purina

.

500 ,•

:

Co.

10-

50c

50C

(quar.)_

Corp.

of

Bakeries

Ralston

3

9-

Z

$1.12(4

9-

10-

8-

9-

$1.31(4
■

20c

8-31

9-

8-19

"""""

y

Quaker State Oil
Refining_Quebec Power Co.* (quar.)_-_ZZZZ~~~

9-15

9-12

9-

20c

_

$1.25

B
(quar.)______
Hardware Co., common____Z
preferred
(quar.)
;

8-31

9-20

9-30

25c

(quar.)___;;f$1.50

preferred

9-26

'

Cement—

A

Flour Mills,
Purolator Products,

8-26

*-

9-

$1

-:

8-19"
*

'

25%

(resumed)

preferred

Purity
Purity

8-18

93%c

(increased)
Light & Power Co., Ltd.—

preferred

a

8-23

9-10

2

8-22

„

9-10

Z $1.50

~~
""""

"

Co."

Extra

8-31

10-15

"

9-15

25c

_

.-

(quar.)_i_____

div.

Oil

'5%-

8-25

4%.% preferred
(quar.)_Z—J$112
O'Okiep Copper Co., Ltd.AOrdinary (interim)

1010-

t$1.75

preferred

Moore-Handley

(initial)

Pharmacal

Scotia

3

8-31

9-10

22»4c

_

t25c

Murphy (G. C.) Co. (quar.)—
Muskegon Motor Specialties—
♦2 class A conv. preference
(quar.)

.

30c 4.

Quarterly

9,

50c

$1.62(4

10-

9-20

60c

Service, common—
(quar.).^.—
(quar.)__

preferred

5!A%

1

t$1.75

Mills

preference

Co., com._
(quar.)

Public

4ya%
9-15

50c

(quar.)
(quar.)___

(quar.)-_

6

$75c

_

Service

Liberties Gas (s-a)
Northland Greyhound Lines—
/
33/4%
preferred
(quar.)
Northwest Bancorporation .(quar.)

8-25
9-

9-27

$1.25

preferred

Moore-McCormack
Lines
(quar )Morgan (J. P) & Co., Inc._
"
Morris Paper
Mills, common (quar.)

9

9-27

1

9-20

25c

Coal

convertible

Pure

30c

Insurance Co. ,(quar.)___
Public

Wine

Inc.

Punta" Alegre
11-

9-

8-31

40c

-

(quar.)

(quar.)

Cor

Service

$1.40

Corp.—

Northern

$50c

$25c

Z_IH
zZIZ

♦4 conv; pfd. series B
(quar.)__
Moore Corp., Ltd., common-, (quar.)

Acme

1

9-

(quar.)

(s-a)__.

com.

9-

8-25

Northern

50C
:_

__

new

North

1

8-2

-

$1.37(4

1

_

preferred

Pullman,

held)

(accum.),

9-

20c

Z'

4.40%

_•

-

8-22-

8-15

;

1

""""""
Electrotypers, Ltd.IIZI

America

Service

Public

Z

9-

91 Vic

•

shares of North Amer-

$1.12(4

3

'

1

9-15

30c

(qnar >

9-

1

:

preferred
(quar.)
Public Service Co. of
Indiana,
3(4% preferred (quar.)
9-1

9-15
9-

8

9-21

45c

of

Metals

4(4%

9

an»re

ione

"

10-

-"r':

Quarterly
Public

9-21
9-

10-14

.

(quar.)

_Z~

Public National Bank &
Trust Co.

8-29

1
1

9-

$1

(quar.»_-_-

Common

9-10

1010-

8-15

1

10c

^

Common

2

50c

Co.

Pressed

8-15

25c

Investment

9-

$25c

-

Insurance
Co.
Springfield
(Mass.)
(s-a)
Monarch Machine Tool Co:
~~~~
Monroe Loan
Society, 5 (4% pfd. (quar.)~ZZI
Monsanto Chemical Co., com.

Inc.,

"k

1

20c

(reduced)
Company,'class B_______~ZIZZIZZII

Prentice-Hall,

8-10
9-

8-31

9-

$2

Inc.

Pratt Pood

8-31

9

9-15
10-

$1.75

Extra

8-22

9-30

50c

,

Potash

8-31

1

1

9-15"

9-15"

III'

L_Z_Z

common

8-

1

~ ■ZZ'

A

preferred
Portsmouth Steel

x5

9-

(accum.)__
$1.50
American Refractories Co.
(quar15c
Pennsylvania RR. (quar.)__
'
"
$1

t$l
_

8

9-15

preferred

9-

Life

Munson Line,

6%

10

preferred

$1.25

~_""

__i_

(quar.)

American

25c

;

Corp.

(quar.)

liquidating dividend (One share tvW
Kentucky Coal
Co.
common Z

9-15

r

1

75c

Co.__

common

5V2%

8-15

9-16

9-

&

$1 50

8-26

9-10

tlOc

(quar.)

Poor

8-10

9-10

$1

„

40c

(quar )

Mills, Inc.—
Brewery, Ltd. (quar.)

Paper

1

1

t$l

(quar.)____

Ltd
common

9-

9-

25c

y.hJ

West

North

8-26

9-

Z

,-50c

\

(quar.)

.

common

Corp.,.

preferred

A

ser

Plywood,

9-15

9-15

...i

50?

(quar.)_.

Ry.,

Corp.,
Car

pfd.

1

preferred

Plymouth Oil Co.

.

J25c

•> 75c

4%

Ltd.

Western

stock for each

8-26

9-15

55c

_

Corp._,

Ltd.—,

preferred

Co.

10-

held)

8-20

$1

.

Carpet

Wheel

1

9-

1V*C

A

9-20

ican

Extra

preferred

v.
•

liquidating distribution

Partial

9-10

,80c

5
5

common, $8.50 par value, of Kansas
Power & Light for each four shares of
North American common

10-

_

8-

8-

1

1

$1.50

Z.

com.,

910-

;;y

(quar.)j

preferred

7%
preferred
Pleasant Valley

8-5

50c

Corp

American

37(4c
50c

8r25

8-25

8-25

-

.

(accum.) Zy
Pittsburgh, Youngstown & Ashtabula"
Ry.~CoZ

new

1

70c

Co., common
(quar.)
Co., Ltd

redeemable

9-

Co.—

_

4%

Company (quar.)_:
Light & Power Co., Ltd.—

5%

5

10c

J.)

American

Partial

8-

4(4%

i

5

8-25

8-1

10-

30c

preferred~7quar.~)

&

1

56c

y

Co.

9-

3

-

r

Pittsburgh Coke '& Chemical Co.—
;:v'-$5'. preferred. (quar.)
Pittsburgh Plate Glass Co
Pittsburgh Steel, 5%% prior pfd.

8--5
8-

14c

:

a

Mining

conv.

250

-

1%

$2

North

..

(quar.)

A

North

9-12

9-15

75c

;

pref.

&

8-25
8-25

7c

a

■

Mining

Normetal

—

Extra

conv.

(J.

Chemical
Noranda Mines,

'

15c

!4c

a

Series

I0c;„!

Nopco

.

plus

(quar.)_

5

"

Service

(Robert).

8-18

5

8-

Newport News Shipbuilding & Dry Dock
Lower Arch Bridge
(quar.)
Nineteen Hundred Corp.

8-15

8-22

9-12

8-

8-25

Niagara

redemp¬

share

per

1

30c

15c

8-25

25c

Quarterly

8-19

(accum.)_____

5>

Series

Newmont

-

11-17

common—

8-

Series

Newfoundland

1

11-30

(ouar.)

preferred
Mitchell (J. S.)

9-

9-20

$1.12(4

(quar.)

5%

9-10

$1.12%

$4 preferred (quar.)p______
Minnesota Power & Light Co.
(quar:)
Missouri Kansas Pipe Line, common
Public

8-16

9-30

8-25

Equipment Series—

Tobacco

$1.75

15c

Fund

Series

Railroad

9-12

1
1

________

Mining & Mfg.
Common (increased)

Utilities

Railroad

5

10-

1

5

i

Investment

Utility

10-

common

Minnesota

Missouri

Public
'

$1.62(4

_

(quar.)

Missouri

5

9-

1

5

8-

—

Coast

87 %c

.

convertible

9- 9

10-

5

8-

8-25

9c

Series

Pacific

4

9-

9

8-

8-25

Series

Newberry

Inc.

preferred

Metals

■; V'Z $i

(quar.)

Co.—.

Corp.,

Z

Oil

20c

8-25

5c

».

3

•

5

12c

Series

2-

50c

-

;

Inc.,
(quar.)

preferred

5

2-15-50

50c

(quar.)

Pinchin, Johnson & Associates Ltd.—
Ordinary
(final)
1__
Pitney-Bowes, Inc., common (quar.)JI~

"

—

8-25

11-

Stock

$4

Mills,

!

11-

$1.10

(s-a)__
Products Co._yZZZZZZZZ~

Engravers

2-

11-15

$1.25

preferred

preferred

Pillsbury

5

8-25

5c

Machinery Series
Merchandising Series

Bond

non-cum.

Photo
'

5

8c

Z

;

pfd

(quar.)_

-

5

2-15-50

92 (4c

(quar.T_Z__

(quar.)

9-15

12-15'
11-

33c

(quar.)__.

Phillips Petroleum

10c

Series

Series

25c

25C

5%

$3.65

5

8-25

■

<

5

7c

preferred

1

25c

Philadelphia Dairy
Philadelphia Electric Co., common
(quar.)
$1
preference
(quar.)
~~
Philadelphia Suburban Transoortation Co.ZI
Quarterly
1
Extra
_Z__
---_--ZZI~ZZIIZZZZZZZI~.il
Philadelphia Suburban Water, common

5

8c

Fund

Preferred Stock

9-15*

•

8c

:,r

Industry Shares

8-31

$5

-

—

Diversified
8-17*

2/

1

preferred

10-

"

Company,

Phelps Dodge Corp
Philadelphia Co., $6

8-!5

10-

&

1

9-1

11-15

(quar.).IZIZZZZI^
---2--_^_____Z__Z-Z-----

Dividend

(Charles)

3(4%

$•,,y3%c

Series—

1

9-30

Stock
Pfizer

1"

8-

1-1-50

•

Co.—

Company
Brewing Co.

8-

1

25c

:

Gear

V

9-

9-14

33c

Corp.
(quar.)I~
Company (quar.)__
Z_.
Peter Paul, Inc.
(quar.)__i.__^__~_ZZ~""*
Pfeiffer

9-

62 (4c

__

Permutit

9- 7

9-

6c

1.

8-31

60c

Abrasive

$1

National

10-

20c

(quar.)

common

&

8-31

25c

(resumed) ZZZZ_ZZZZZZ
Corp.
(quar.)
4(4% preferred
(quar.)

Machine

9-16

9-15

ZZ__

(guar.)

Inc.

8-19'

8-31.

62 (4c

7% preferred (quar.)
Permanente
Metals

5

Z 9- 1

pfd

>

8-

(quar.)__

(called

at

Common

Mosinee

$1

8-

1

9-

50c

-

9-13

Minneapolis-Honeywell Regulator Co,,com._

Motor

8-22

»

Series

35c

A___

(quar.)_______

Oct.

& Hart,

4% %

8-31

70c

Building Supply Series—.
Chemical Series

.

^Middlesex Water (quaij.)

5%

8-12

lOc

8-15

;

8-31

8-25

Corp.,

Perkins

Pfaudler

Z

^

8-15

$50%C

9-15

10c

—

$1.06 J/4

(reduced)

class

Mid-Continental Petroleum

1%

Series

8-15

50c

8-10

$1.12Y2

1

0-

8-17

1

Co.—

v:

Circle

Perfex

8-26

20c

(quar.)

Gas—

1

12-

Perfect

9-

$1.50

non-cum.
&

1

__

Scott

Corp.,
(quar.)

on

♦3.25

8-16

75c

9-

dividend)

Monarch

9-19

1

>

9-

20c

this

Mohawk

9-19

1

9-

Y.)—

pfd.

Telephone,

1

9-26

_

ZZZZ

4% % preferred
Pepsi-Cola Company

1

10-

15c

(N.

Stores,

9-

8-20

3-19

$35c

'•

II"

Z~_
ZZ

Peoples Gas, Light & Coke Co.-.

9-13

10-

'

B

1

-

9-15

31 %c

Z

Telephone, $2.25

Drug

Peoples

Inc.—

Agricultural

1

9-23

50c

Automobile Series
Aviation Series

9-

9-15

50c

;

9-

(quar.)___

(quar.)_.

Refrigeration,

tion

Molson's

Stocks,

8-15

Stock

9-29

t$l.25

(quar.)____

8-15

9-15

Peoples

40c

(quar.)—

preferred

York

62'/2c

Michigan Public Service Co.
Michigan Sugar Co. 6% pfd.
Mickelberry's Pood Products

Mitchell

(quar.)_

(quar.)___

(quar.)

$5

Pennsylvania

8-19*

—

Thermit

B

9-15

9-

T

preferred

preferred

1

$20c

Pennsylvania Water & Power Co., commonZ~
$5
preferred
(quar.)
Pennsylvania Salt Mfg. Co., common

1

1

30c

preferred

Class

1

9-10

25c

■;

93 %C

.1'

10-

(accum.)

1

43 %c

Co., Inc.
Mines, Ltd. (quar.)

9-15

_

Co

Co.

9-

43%c

common

1

;

Light 4%

Electric

preferred

3.15%
New

A

Dock

State

Corporate

Michaels Stern & Co., preferred
Preferred (quar.)

;

&

Co,

Brake

9-

75c

93%C

(quar.)

preferred

3.20%

York
York

$4.50

8-25

25c

Publishing

Merritt-Chapman &

prior

>v

9-15

s

10-

$l,12'/2

85C

Company, common
♦3.50 preferred (quar.)

Miller

Z

9-10

(quar.)

&

Midland

8-20

25c

B

Mid-West

New

9-15

—

Zinc

Air

preferred

New

8-13 Z

$62 (4c

________—■____

9-15

2

8-15*

9-

♦ 1.06%

Pennsylvania Electric, 3..79% pfd. C
(quar.)

8-19

1

50c

York, Chicago & St. Louis RR.

6%

9-20

8-10

8-27

$25c

Quarterly

$2.40

1'

8-24

50c

preferred

Merchants

10-

New

8-10

25c

_________

common (quar.)___
redeemable
pref.
(s-a)
Co.

8-31

d$1.25

(extra)

Ltd.

preferred

conv.

(s-a)

Jersey

1

(quar.)

(quar.)—

Corp.———

Jersey Power

1

Corporation,

&,

Increased
New

9-

(quar.)'
Mercantile Stores Co., Inc., common
(quar.)
Merchants
Fire
Assurance- Corp. ; (N; Y.)

7%

9-15 ;7

8-19

10-

preferred

2nd

Metal

9-30
9-10

$$3

preferred (quar.)
preferred (quar.).

6(4%

New

25c

Corp.

1

9-

'

"

preferred

cum.

4.40%

9-

$1.25

common

Inc. (quar.)___
Amsterdam Casualty Co.

(accum.)

Mclntyre Porcupine
Mead Corporation, common

$4

8-13

6

10-14

10-

Fund,

9-

$1.32

Castings Co.—

(quar.)
(Pa.) common

(Herman)

Nesbett

25c

Maytag Company
(quar.)
McClatchy Newspapers

Merck

Nelson

8-

quar.)___

$3.40 preferred

Class

8-15

8-15

8-31

25c

_

-

$2

8-25

8-25

6

1

15c

Naumkeag Steam Cotton (quar.)_
Nellsoi?
<Wm.), Ltd., 5% pfd, (quar.)
Neisner Brothers, Inc. (quar.)—_j

8-31.

11-

cum.

1

9-16

8-29

20c'

(ouarJ ZZZZ"

4_.

(quar.)
$1 cum. preferred
(quar.)
$1.32 cum. preferred
(quar.)

9

9-

Co.

Company,

20c

Maxwell, • Ltd.
May Department Stores, Co., com. (quar.)
$3.75 preferred (quar.)
$3.75 preferred (series 1947) (quar.)

4V4%

Tea

$1

8-26

50c

62% c

'

(quar.)__J

Corp._
Telephone
(quar.)
(quar.)

Common

Co..

___'

Steel

Coal

Peninsular

2

9-30

(quar.)

Co.
preferred
(quar.)

4'/2%
National

9-

$1.12y2

com.

Machinery Co.

$50c
25c

(quar.)

&

Standard

(reduced

conv.

$2.50

Rubber

preferred

Electric

McGraw

■'

Insurance

(quar.)—

National Supply

9-

1

40c

9-15

9-

2
2

12'/ic

Malleable

National

9-15

—

Accident

preferred (quar.)

9-15

10-15

9-

12-

9-15

Increased

Co.

Corp.

McCord

5%

National

6%

Massey Harris,

7%

1

9-15

_:

___—___

7%

1

1

10-

$1.50

(quar.)

20c

*

Co

10-

1-1-50

(quar.)_
Co., common

prelerred

9-

1

9-23

12 (4 c

Peerless Cement

8-18

25c

(quar.)

&■

1

$1.75

(quar.)

preferred

Shirt

Martin-Parry

$1.25

1*

Co., Ltd.—

Company, common (quar.)
preferred (quar.)______

Masonite

9-

5%

10-

Co.—-

preferred

Common

(quar.)

com.

A

Life

Sugar,

Manitoba

Master

1*

9-

8-

10-

Co.,

preferred B

(Term.)

9-

15c

Marathon

5%

Lead

4V2%

9-12

65c

.

Macwhyte Company (quar./
Magor Car Corporation (quar.)

Mallory

$1.12

J30c

National Linen Service Corp.,

9-15

$$1.25

Steel

Paper

5

8-12-

9-15

$1

II"—

Peabcay

5

12-

——

preferred

National

9-15

125c
—

(quar.)

........

Power

12-

12-15

8-19

National

preferred (quar.)
Mackintosh-Hemphill (quar.)
Extra

12-15

$1.50

1

50c

(quar.)___Z__ZZZZZZZ____

•

9-1
8-20

8-25

'

.

(reduced)

preferred

8-15

9-15
9-

75c

__

,.y_"
Z

1

Reel

1

25c

z__~_

Co

&

$1

(quar.)_

-(quar.)

9-

40c

Transportation Co. (quar.)ZZZIZ
Mfg. Co., Ltd., common

Paton

10-19

$2.50

com.

A

Inc.

(quar.)

Rig

Parmelee

1%
10-29

12-23

$1.06

5%

MacLaren

8-12

9-12

88c

(quar.)—

com.

Structural

8-12

9-

1-2-50

25c

(quar.)__

(quar.)—
(quar.)

Sales Co.

&

Metal

9-

$15c

ti5c

$1.50

(quar.)

A

Lowney (W. M.) Co., Ltd.
Ludlow

Lyon

$12 (4c

■

Co.

Common

Line,

(quar.)

Pictures,

Parkersburg

Co.—

Erie

National

preferred

$4.25

f 15C,

Inc.

Sons,

8-31

(quar.)

62 (4C

RR.

series

8-31

9-10

4%

8-19

9-10

2c

B

Pipe

Rust-Proof

9-10

(quar.)

15c
Lowenstein

Parker

50c

Class A

62(4C

(quar.)____—

Exploration Co.

Nashville

Pen

Class

62 (4C

(quar.),
Taylor, 6% 1st pfd.

&

Parker

non-cum.

6%

preferred
preferred

5%

8-10

30c

Co.

preferred

5%

1

Class

Dock

&

(quar.)—
preferred (quar.)
Welding Machine

common

A

Eastern

9-

$2

(quar.)
(quar.)

Gas

8-20

Panhandle
Paramount

9-20

10-

Corp.

8-10

9-21

9-30

$2

Economic

8-10

1

——

_.—

Co.

Palestine

8-15

ZZZZZZZZ
(quarZZ_ZZZZZ__ZZZ
(initial quar.l__ZI

(quar.)

Machinery

1

30c

National

~

(monthly)
(monthly)

Lorain Coal

3%

9-10

Mills

Holders

Payable of Rec.-

SI

Package

9-10

$1.25

Corp., 5% 1st pfd. (s-a)
2nd preferred (s-a)
Gypsum Co. $4.50 pfd. (quar.)—
National Hosiery Mills, Ltd.

3

9

When

•

Share

Co.-.'

$1.42(4

Electric

National

3

J25C

9

8-

Lumber

9-

Quarterly

2-21

$25c

preferred

Lord

3-10-50

Ltd.,

Convertible
National

9-

8-31

20c

Products (increased quar.)_
Corp., common
(quar.)_
(quar.)
& Chemical Co. of Canada,

Drug

Company

Pacific

$1.06

preferred

National

11-24

9-10

$2

8%

8-23

3-10-50

preferred (quar.)

Lone

9-10

Z 60C

(quar.)

(quar.)

Discount

50c

(quar.)

Co., Ltd. class A

(quar.)
Lock Joint Pipe Co.—
Common

4%%

Per

Name of

9-30

10-14

10c

common—
com.

(quar.)
(initial)—.

8-15

—

B

Corp.,

preferred
preferred

1

50c

(quar.)

Common

4(4%

1

$1.10

Special
Special

40c

$1.75

National Cylinder Gas Co.,

9-

(quar.)—

guaranteed

8

Container

9-

$1.10

.

guaranteed

Class

4

8-23

5%

.

Special

National

.

$1.10

Loblaw Groceteries

8-

8-

Holders

10-15

Pacific

(quar.)
preferred (quar.)

25c

—

1

capital

I

When

Monday, August 22, 1949

Payable of Rec.

50c

s

Biscuit Co.

87 V2C

(quar.)

Co.

Original capital
Original capital

Original

1

9-

CHRONICLE

Share

Co

Register

Common

10-24

9-

15c

(quar.)

1

Company

Cash

National

9-15

8-31

$1

_____—_

Liquid Carbonic Corp., common
3 V2 %
preferred
(quar.)—
Little

1

11-

30c

(quar.)

(quar.)

Corporation

8-10

7%
30c

Stores,

Belt

Lionel

Name of
National

Insurance

Quarterly
Link

10-

FINANCIAL
Per

1

8-

1

9-1

15c

(quar.)

Life

9*

&

Holders

Payable of Ree.

40c

Corp

Liggett & Myers T-obaceo
Lincoln

When

COMMERCIAL

25c

1

9-15

9-16;
^

Z.

8-25'

.

;

~;9-;lZ
9-15

12-15
9-6

8-15.7;

'7-30

9- 1

■9-1

9-16: ;

8-15

I

*"I

8-1511'
8-15
9-

7.

I,/-

;-'i2-zr;;,
8-19

.*

(guar.)——

Company, common

&

1

1C-

1

9-15

$1.25

10-

1

9-15

25c

9-

1

8-12

$1

9-

1

8-12

9-15

25c

9-12

9-

20cl

9-12

9-

50c

9-20

Extra
Roos

10-

(quar.)

Works

——

Brothers,

(quar.)
(quar.)—-—...

Inc.

Tool

Ross

Gear &

Ross

Industries Corp.

Supply

Co.—

_—.—

9-

30c

,

v

9- 1
2
2

5%

Stedman
Sterchi

(quar.)

$1.50 preferred (quar.)
Crown Bottling (Louisville, Ky.)—
preferred (quar.)
Royalite Oil Co., Ltd. (Irreg.)—„_
Ruppert (Jacob) 4'/2% pld. (quar.)
Et. Joseph Lead Co

bteii.

8-20

1

8-20

Brothers Stores,

5%

preferred

5*

(quar.)—;

1

9-

1
1

Struthers

9-15

8-19

9r

1

8-15

12»/2C

9-

1

8-15

Sun

?6V2C

9-

1

8-15

6t.

4.40%

Baco

75C

1

$1.25

1

15c

S-

1

8-

5

Talon,

$1.10

10-

1

9-

2

8-25

8-10
8-22

Taylor,

$2

(quar.)

8-26

8-

2

*$1.07

*10-1

9-

S

12 VzC

$4

preferred

Co.,

Ltd.

vtc

Common
Common

5%

Co.

Co.,

partic.

Thrifty

8-12

Tide

9-

1

8-15

Tilo

9-

1

8-15

Timken

9-

(irreg.)

common

12-

9

9-15

9-

1

Treesweet

9-15

9-

1

Angeles)

(special)

_

9-10

8-10

1

8-12

9-

1

8-

10-

1

9-10

10-

1

9-10

Union

25c

10-

1

9-15

Union

(quar.)_

$1.37 Vi

5%

Corp.,

Oil & Gas,

Class

B

B

5%

Class

7-15

Union

9-

&

class

Oil Co.

9-15

9-/ 1

9-15

9-

United

1

United

50c

9-15

9-

1

8-26

9

9-

1

8-15

9-

1

8-

2

9-

1

8-

40c

9-15

U.

9-15

8-15

9-15

U.

8-15

9-

1

9-

1

8-12

97 Vic

10%

8-

9-20

9-10

8-19

9-

1

U.

1

8-1?

25c

9-

9

8-

South

Southern

S.

U.

4 Va %

Bag

preferred

Paper

4.88%

Southern

U.

Gas

Railway

Common

Common

;

(quar.).

9-15

10-14

.—

Spencer, Kellogg & Sons Inc. (quar.)—
Spiegel, Inc., $4.50 conv. pfd. (quar.)
Spotless Company (reduced)
Squibb (E. R.) & Sons, common (quar.)

(A.

$3.75

E.)

U.

Standard
$3.50
Standard

Etandard

$1.60

Standard

—

(quar.)

Co.

preferred

Standard

Railway

Standard

Steel

California

Indiana

of

A

Ohio,

Spring

Mfg.

—

Co.

(increased

(quar.)

quar.)




.

1

9-15

9-

1

9-

9

75c

12-20
1
1

9-15

9-

75c

9-

1

10-

Oil Co.

1

9-10

8-22

1

9-

8-

8-25
8-25

1

8-15

1

8-15

8-25

Van

Inc

,

1
1

9-

9

9-15

40c

9-

5

8-26

9-

1

_

10-

1

9-28

66y4C

10-

1

1

40C

9-

1

8-15

*10C

9-

1

7-29

9-

1

7-29

5%

9-

President

1

2

•

9-

9

by

Products, Inc.
(quar.)
Virginia-Carolina Chemical—
6%

9-23

1

8-18

Vogt

8-19

Vulcan

30c

9-10

9-10

i

8-19

7%

Manufacturing
Detinning

preferred

Corp.

Co.,

(quar.)-

common—

(quar.)-

1

d$1.50

8-

10-31

3

10-17

9-

1

8-15

30C

9-

1

8-19

(s-a)

9-15

8-31

d$1.20

9-15

8-31

9-

8-19

25c

3iy4c

9-

25c

1
1

8-19'

8-31

8-12

31'/4C

9-

1

8-12.

25c

9-

7

8-24.

9-

7

8-24

9-28

9-

8

$1.25

9-28

9-

8

10-10

Ltd.—
50c

(quar.)

9-

9-23

1

8-10

Ltd.—.
al5%

*

8-22

(quar.)

7-

1

9-20

25c

9-

I

$1.12%

9-15

9-

1

$1.12%

9-15

9-

1

$1.25

(quar.)

9-16

8-31

1

8-20

(monthly)

25c

9-

9-

1

8-20

25c

10-

1

9-20

25c

11-

1

10-20

10c

8-31

8-16

8-31

8-16

25C

for

9-

10-

1

9-16

25c

9-24

9-15

$1.25

15%

1

56 Vic

this

10-

9-15

8-12

dividend.

Canadian non-residents'

tax

e

deductible

the

at

7%.

tax.

source.

Non¬

.

....

tax.

•

.

..

" '

-

*

,

income

tax.

tax.

10-

1

12-

the

I

Judge

9-15

9-

8-19

—

—

.

9-

8

1

9-

8

8-25

8-15

$4

9-

1

8-17

$f

9-

1

8-19

*31 Vic

9-

1

8-18

10c

8-29

62 %c

9-23

37 %c

11-

1

8-15
9-

9

10-17

$91,896,309

Aug.

15

elected

a

new

board

of

directors

and

to consummate the reorganization plan
the Federal Court at Boston, Mass.
are:
J.
Edson
Andrews, Vice-President of the

10 by

the J. F. Fitzgerald Construction Co., Boston; John
Manager of Waltham Watch Co.,
and Albert
Vice-President of the Boston Edisori Co.

of

i

to

the

Boston

the

company

:

elected

until

.T:
C.

presided at the meeting, which

lawyer,

Aug. 29.
directors

five

control

will

the

serve

RFC

company
of the assets now held
who carried out the reorganization.

<

-

.

.

voting trustees
has been repaid.

as

loan

said
a

of

weeks.

few

four

announced

up

The

about

to

assets

cash

source

185.000

made

$6,000,000

is

pany's
One

Hagertv, former RFC offic'al now operatirg
be formally elected President by the new

'■

.

recently that the company had used only $1,700,000
available by the RFC. The plant's working
1,800. Mr. Hagerty said two months ago that
creditor banks had been paid in full since April, and the com¬

was

the

force

by three court-appointed
They are Daniel J. Lyne;

J. Kaplan and C. Keefe Hurley, all of Boston.
Judge
it was hoped that the company would take over control

directors.
It

1

1949—7 Mos.—1948

Co.—Elects New Board—Reorganiza¬

It was expected that Mr.
the Waltham plant, would

1

10-

1949—Month—1948

necessary

June

Jacob

Kaplan

9-15

9-

6

12)

are, Mr. Andrews, Mr. Daley and Mr. Fitzgerald, all approved
the RFC.
•
Completion of the $6,000,000 RFC loan will be followed by transfer

to

1

10-

15c

Victor

10-14

25c

12-10,

9-

$2.50

8-18

9-

9-10

$2.50

(s-a)

preferred (s-a)

8-10

25c

8-20

9-

They

8-12

30c

1

933/4c

1

50c

dividend

on

directors

of

will

and

8-18

9-

*15c

9

8-19

9-

(quar.)

July 31—

adjourned

within

9-

8-10

1

8-31

35C

(quar.)

General

Three

12-22

1-3-50

9-

*56c

9-

8-19

9-10

9-15

* 15c

:

8-31

d90c

closed

Stewart Woodworth,
was

,,..:

50c

8-30

9-12

Manufacturing Co., Boston; John G. Daley, Plant Manager
England Telephone & Telegraph Co.; James F. Fitzgerald,

McMenimen,

1

9-20

$1.25
.

participating preferred (accum.)
Virginia Coal & Iron Co. (quar.)
Virginia Dare, Ltd., 5% preferred (quar.)..
Virginia Dare Stores, class A
Virginian Railway, common (quar.)
6%
preferred
(quar.).
6%
preferred (quar.)—6%
preferred (quar.)
'
—
6%
preferred (quar.)
—
—

9-

1

Co._

Jamaica

steps

new

trustees

Corp. of Canada, Ltd.—
preferred
(quar.)

Common

8-15

10-

Corp

Wisconsin

on

New

Hagerty,

Vlcksburg Shreveport & Pacific Ry. Co.—

8-15
9-

1

$13,696,190 $14,192,009 $91,612,613

Shoe

the

9-28

$1.25

8-22

2

9-15

9-

$1.06'A

;

—

The
of

8-15

75c

75c

Viceroy Mfg. Co., Ltd
Vick Chemical Co.
(quar.)

9-15

9-19

9-10

170, p. 345.

Gale

1

10c

9-10

9-20
9-

5%

3 %

approved

8-29
9-

50c

preferred (quar.)
preferred (quar.)

4V2 %

8-15

1

25C

preferred

British Income

authorized

8-15

Vapor Heating Corp.

Verney

8-23

1

d$U2%

Co.,

Waltham Watch

8-15

9-

62 %C

.

Vanadium-Alloys Steel

8-25

9-15

9

9-

20c

resident tax

The' stockholders

8-10

9-

$1.06 V*

22 %c

——-

9-15

10-17

1

9-

tion Plan Approved—

5

25c

(quar.)

—V.

8-10

.

50c

(quar.)_

preferred

9-

10-17

10-

Co.

Co.

not

15%;

Period End.

9-15

9-10

25c

(quar.)

9-

1

tax

Less

Sales

8-18

9-30

50c

50c

(quar.)

$1.37 %

1

8-31

Walgreen Co.—July Sales Off 3.5%—

8-22

jl5c

9-

9-12

9-15

Invesfmenl News

9-19

9-10

56 Vic

.

(initial)—

9-15

11-

8-9

50C

(Contnued from page

8-29

11-

1

General Corporation and

9-20

25C

9

9-

1

1

5%

Light

Mfg.

books

xLess 30%

8-16

10-

1

Tcwne

9-15

«2%c

8-15

9

8-

9-15

10-

9-15

8-12

8-15
8-

1

10c

&

11-30*

10-

10c

9-

9-15
9-

25c

.

common

8-31*

8

9-15

9-15

9-1

50c

8-31*

9-20

y$2

preferred

9-10

1

*$1.12%

(monthly)
(monthly)
Worsted
(quar.)

12-16

9-20

50c

Co

8-30

*

(quar.)

(William)

8-26

1-3-50

62 %c

common...

(reduced)

preferred. A (quar.)
4%% scries B preferred

Co.,

1

10-

25c

(quar.)

Life Insurance Co.

&

Aeronautical

d Less

Upper Michigan Power & Light Co.—

Raalte

1

2-

8-19

55c

50c

(quar.)_

common

(quar.)—.

Equip.

10-

9-12

$1

(quar.)—

9-15

9-

20c

quar.)

1

15c

4Q/>

(

10-

50c

8

11-

(quar.)

tPayable in U. S. Funds, less
*Payable In Canadian funds,

9-15

Utica

25c

11-15

2-15-50

$1.25

(quar.)_

prior

conv.

resident
a

1

50c

.

4'/i%

Products

8-15

1

d27%c

(quar.)
prior preferred

•Transfer

8

Upson

*$1.25

(quar.)

9-

75c

Winding Co., common

convertible

90c

9-30
10-

$1

Pictures

8-25

9-

$1.25

Corp., 4V2 % preferred (quar.)
York
Corrugating Co. (quar.)
Youngstowr. Sheet & Tube

8-10

50c

;—

common

Co.

9-15

75c

York

8-10

1

50c

Ltd
new

8-25

*40c

Wyandotte
Yale

8-10

1

10-

22 %c

iquar.)

(quar.)_

Corp.,
Corp.,

Universal Insurance
Universal

1

10-

8-15

30c

Corp.—
preferred (quar.)
of

(quar.)
(quar.)

—

Universal Consolidated

Universal

9-

$1

$1.75

common

preferred
Steel

Steel

8.

40c

$1.75

8-15

87y2c *

(quar.)

Co.

4Vi%

9-15

10-

Governor

Common

9-12

$1.06'A

preferred (quar.)
Spring & Bumper Co.

United

*50C

(quar.)

Company

8-16

1

36y»c

„

(quar.)

(quar.)

Oil Co. of

Standard Oil

3%%

Co.

comon

Forgings Corp.

Co.,

8-31

Corp.—

1st

S.

1

8-28

1

9-

Dredging

Oil

Standard

(quar.)

Cap & Seal, $1.80 pfd. (quar.)—_
Chemical Co., Ltd., common

conv.

Standard

8%
U.

10-

$1

(increased)

Co.

9

9-12

&

Common

9

1

94c

Insurance

Inc.

3

$1

common

Accident

preferred

Btandard

—

(quar.)

Brands,
preferred

9-

10-12

$1

preference

Standard

Rubber

S.

55c

9-

$1.75

(quar.)

Printing & Lithographing,
preferred A (quar.)

8.

5%
U.

3

€0c

—

—

Potash

S.

10-

9-

50c

(quar.)

Co.,

Y.)

(quar.)

40c

(quar.)

Mfg.

—

(s-a)

$1.12%

—

A

(reduced.quar.)
—

.

9-

50c

$1

&

Wrigley

7-30

$5

(quar.)

common

Card

9

9-23

95C

Combing Co. of Canada,

Wright

8-16

9

10-

17 %C

«_jl

series

*

(quar.)

$1.37%

Brothers. (quar.)——

8-31
9-

25c

Playing

9-

50c

$1

4V2%

5

*75c

(quar.)
Walton Co. (quar.)
Knitting Co., common
5%
prior preferred (quar.)
5%
prior preferred (quar.)
Van Norman Company
(reduced)

(quar.).

1

10-

20c

50c

Co

preferred

8-29
8-15

;

Spear & Co., $5.50 1st pfd. iquar.)
$5.50 2nd preferred (quar.)

preferred

9-12

;40c

r

Carbon

Co.

Pipe & Foundry Co.

S.

8-20

9-30

Co

W.)

1

75c

(quar.)

common

1

Extra

preferred

Co.,

8-20

9-

(quar.)

W.)

8-17

1

10-15

$1.12%

6%

Telephone Co.

Sovereign InvestorsSpalding (A. G.) &

5

9-15

20c

(Dallas)

9-

9-

25c

(quar.)

(quar.)

partic.

1

Extra
9-15

$1.25

(N.

9-

45C

Lothrop common
preferred
(quar.)

4j/2%

8-15

I

8-15

25c

50c

(F.

Ltd.

Co.

preferred

Universal

_

States

8-

J'

-

—

Iasur.

(quar.)

Southwestern

5%

8-12

1

8-31

$1

•>'

Public Service Co.—

Southwestern

Staley

9-

50c

(quar.)

8ervice—

CO

$1.25

8-17

1

87 %c

(F.

8-18

Special

(quar.)

Southwestern. Life

$4

8-10

30 Vic

.

(quar.)

Co.

Electric

1

9-15

1

9-

$1.25

Common

Circuit—

preferred

Extra

8-15

1

$1.12 Vi

(quar.)

Natural

Southern

9-

Extra

U.

(quar.)

preferred

Southwestern

$4

8-31
9-

Co.—

California Edison

Southern

Speer

8-15

30c

Lines

&

$1.12%

J.

Lines

S.

5

8-31

75c

.

(quar.)

Greyhound

Advance

30c

40c

(quar.)

Works

Lathe

Bend

Bouthea tern

(quar.)_

1

9-

—

Ordinary (interim)
Worthington Pump & Machinery Corp.—

8-25

25c

Co.,

Gypsum

4Vfe%

8-12

9-

Co.

1

(quar.)

7% preferred

U.

Co.—
9-10

Pulp

9-

(quar.)

Co., common

Guarantee

4'A%

12-10

12-20

$1.05

Boundview

$2

10-

$1

*25c

Woolworth

8-15

Quarterly

(quar.)„

8-19

(s-a)„_

9-16

20c

Quarterly

8-20

1

America, com.

U. S. Hoffman Machinery

1

8-24

87 Vic

Inc.

1

9-10

1

Extra

Co.—'

Extra

8-12

(quar.)

Co.,

of

Insurance

preferred

S.

8-15

9-15

50c

(quar.)

Oil

9-

Power

Woodward

8-20

9-

(quar.)

convertible

S.

8-17

*$1

preferred

Bocony-Vacuum

Pacific

$4

2

*

8-20

1

10-

Co

preferred

Woodward

9-10

1

65c

(quar.)

Corp.

U. S. Finishing

9-

*$1.25

_.

3

9-

8-13
10- 1

(quar.)

Woolworth

Investments, Ltd.—
preferred (quar.)
Illuminating Co

9-

preferred

quar.)

10-

$1.25

—

A

8-18

3%%

(reduced

8-24*

9-10

933Ac

•

Storage

Theatre
Co.

Elastic

class

6%

8-18

9-15

*30c

Carpet

9-20

United Fuel

*$1.12 %

Sons

8-30

1

Wool

(quar.)

1

4.20%

Common

B

9-

50C

&

Cold

Corporations,

Class

9-15

Quarterly

-

United

1

1

50C

(Alexander)

9

5%

(quar.)

preferred

9-

Quarterly
Bmith

9-

8-13

9-1

10-15

35c

$4.80 preferred
(quar.)
Wood Newspaper Machinery Corp., common.
5%
conv.
preferred (quar.)
Woodall Industries, Inc., common (quar.)
5% conv. preferred (quar.)

Corp.—

Artists
Biscuit

9-15

15C

(quar.)

com.

4%%

11-10

10-

9- 1

9

$1.12

(quar.)

B

preferred

Wisconsin

shares

(quar.)

A

Car

preferred

$4 50

Iron

&

(quarJ

Aircraft

United

56 Vic

dividend)—:

Steel

five

each

convertible preferred

8-31

9- 1
25c
62%C> 9- 1

(quar.)

(stock

filoss-Sheffield

6%

8-22

9-14

*$1

preferred

for

United

$50c

City Gas & Electric Co.,
3.90%
preferred
(quar.)

11-15

35c

9-

50c

(quar.)

common

A

Wisconsin National

5

9-16

Midland

of

8-15

9-15

.

10-

1

25c

(quar.)

8-25

United

(reduced)

10-

20c

Co.

share

8-15

25c

A

10-15

Paper

3.60%

of California

$7

Co.

Steel

8-25

35c

8-25

United

—

8-18

$1.50

_

common

(One

bommon

Terminal

9-28

+

3

1

9-10

31'Ac

(quar.)_

4%

Co.—

Ltd.,

9-

25c

8-15*

-

y Common
(quar.)
6%
preferred (quar.)

'

2

25C

(quar.)

8-

$1.06 >/4

Corp

pfd.

participating prior preferred
United Air Lines, Inc., 4V'2%
pfd.

3

25c

Sioux

Bkelly

8-25
10-

8-15

(quar.)

preferred

8

1

Wisconsin Electric Power Co.—

Corp.

Rubber

&

preferred
Tank

1

B

4V2%

Union

1

(quar.)

Sons, Ltd., com. (quar.)
redeemable pfd. (quar.)
Saw

2

9-

(quar.)_

(quar.)

5%

9-

(quar.)

St

System,

dividend

Oil Co.

$3.75

10-

(H.)

Bimpson's,

9-

25c

(quar.)

convertible

Bimonds

9-22

Union

25c

_

Simon

8-25

25C

&

Forgings

$1.25

10c

(quar.)

(Franklin)

4'/2%

8-25 ^

5%

class A

class A

8-20

75C

preferred

8-25

9-15

*50c

:

Bignode Steel Strapping, com.
5% preferred (quar.)
Silknit,
Ltd.,
common
5%
preferred (quar.)
Simmons
Company
—
:
Simon

5%

9-15

$1

Signal Royalties, class A
Class

10-

;

<

8-19

8-31

9-

12%c

——

Products, Inc
Wilson & Company, common
$4.25 preferred (quar.)
Wilson
(J. C.), Ltd
Winter & Hlrsch, 7% preferred

8-25

25c

8-16

20c

Willson

8-10

1

1

Brake

Electric

preferred

Whitaker

8-10

9-

$1.25

1st preferred (quar.)
Co.

Co.

Salle

Industries

9-15

* 30c

8-31

3

(quar.)—

20c

common

preferred (quar.)
Corp. of America,

Signal

1

1

9-

Air

preferred

Westmoreland, Inc.

1

9-

9-20

9-

10c

,

Eherwin-Williams

Shoe

8-15

9-

9-15

9-

(qua*.)—_

Weston Electric Instrument (quar.)
Weston (George), Ltd., 4,/i% pld.

1

9-15

9-

5

75c

(quar.)

Westmoreland Coal

8-16

9-

Corp.

Gas

23c

(Frank
G.)
Company
(quar.)
Bhav/inigan Water & Power Co., com. (quar.)
4% preferred A (quar.)
Bheaffer (W. A.) Pen Co. (quar.)

Steel

Co.,

Coal

La

Asbestos

25c

—

Bhattuck

4%

8-22

1

9-15

9-15

Quarterly

Stock

9-

8-19

10-

(quar.)

Co.—

preferred A

3.80%

9-12

62 Vic

Underwood

South

1

25c

Truax-Traer

1

9-

(quar.)

Extra

Louis)

Corp., $6 pfd. (quar.)—
Universal Insurance Co.

9-

8-11

8-17

10-

9-15

25c

;

3'/a%

Trust

Products

tlOc

Extra

Mfg.

&

2

8-31

75c

—

Quarterly

$1.30

8-11

9-

Power

Westinghouse
Westinghouse

8-23

2

15c

Co

Tri-Continental

8-18

8-23

9-15

Penn

6%

8

9-

8-16

*50c

5%
preferred A
(quar.)
Western Tablet & Stationery Corp.
5%
preferred (quar.)

8-19

40c

iquar.)

(St.

Corp.

Williams

12-31

1

2

9-15

12 Vic

(resumed)

Oil

(quar.)

Securities

$1.12y2

15c

B

Inc.

Bearing

Transue

25c

9-

8-16

9-15

(Increased)

Extra

8-17
9-

8-16

9-12

$1.25

Western Auto Supply Co.
Western Pacific RR.

8-20

1

$1

9

—

1

9-23

50c

9

Trinity

910-

25c

9-

208

1

$1.75

12-

1

9-

8-10

9-12

$1

West Virginia Coal & Coke (quar.)---.
Westeel Products, Ltd.
(quar.)

8-15

31>/4C

(quar.)„—

(quar.)

9-30

(quar.)

(Los

Co.

Insurance

3iy»c

(quar.)

Company

pfd.

conv.

common

12-31

—&=T2_

9-15

9-10

preferred

West

9*

$1.12%

(quar.)

Roller

i2y2c

Selected Industries, $5.50 pr.or pfd.
Serrick Corp., class A (quar.)

Sheller

Roofing

*20c

—_—

8-

50c

(qua/.)_

pfd.

25c

Investment

1

25c

(quar.)

4Vi%

Associated

50c

—

9-

8-29

75c

Co., Ltd.—
Amer. dep. receipts ordinary (interim)
Toledo Edison, 4V*%
preferred (quar.)

9

8-15

*5c

(quar.)

Stores,

Drug

Water

tlOc

preferred

Co.,

40c

(quar.)

Shops

Co.,

$1.25

Inc.,

Tobacco

(quar.)

preferred
(quar.)

Candy

5%
preferred A
Security Banknote

Class

8-12

1

9-30

8-12

1

27C

—

Thompsons Products, common
4% preferred (quar.)

1

$1.25

preferred

pref

(Laura)

Security

10-18*

1

9-

8-15
9- 7

40c

(quar.)

common

9-15

9-20

*30c

-

$5 preferred (quar.)
West Penn Electric Co.

1

*12 Vic

$1.25

preferred

Securities Acceptance Corp., common

$1

1

10-

9-

25c

Oil

&

Mills

Flour

preferred

25c

common

4%
Becord

11-

1

30c

Coal

Shovel

Title

International

Canadian

7%

3iy.c

Delaware

of

Textron,
Thew

10-18*

10-

15c

9-

(quar.)

4'/2%

Bears, Roebuck & Co.
Second

1

8-31*

1

25c

scries A non-cum.
Oil

9-

7

(quar.)

Extra

9-

—

Farms,

9-

9-12

pfd.

conv.

Sulphur

Tex-O-Kan

11-

8-16

8-15

$1
75c

.

(quar.)—

Wellman Engineering Co
Wesson Oil & Snowdrift $4 pfd.
West Disinfecting Co., common

8-15

8-26

50c

I

$1.07 Vi

common

non-cum

Beabrook

8-15

1

1

35C

Producing—

Pacific

9iy4c

(irreg.)

Beaboard

8-10

9-

Co.

vtc

seriec A

8-24

8-16

9-

50c

—

Extra

Texas

$1

5%
preferred (quar.)
Bea'board Air Line RR. Co.—

5%

1

62 Vic

preferred (quar.)
preferred (quar.)

Scytes &

5-

9-23

10-31

55c

(accum.)

(quar.)

Manufacturing

4.30%

2-15-50

Gulf

85c

Co., common
preferred (quar.)

3.65%

Gulf

Texas

7c

(quar.)

Paper

Bcovili

.

Texas

1

25c

Corp.

Sayre & Fisher Brick Co. (quar.)
Bchulte Real Estate, $6 preferred
$3.40

1

2-

15c

Ltd

Syndicate,

Mining

8-26

tlViC

Corp.

11-

12y2C 5-15-50

Quarterly

8-25

Hvldere

9-15

25c

Corp.

Weeden & Company—
4%
convertible preferred

8-15

40c

conv. preferred
(quar.)
Hughes Gold Mines, Ltd

11-15

12 Vic

b-lo

1

Pearson & Carson, Ltd.—

Tennessee

i

Arms

5%
Teck

i

9-15

5c

(quar.)_

._

8-31

y-

5c

Inc.

50c

5

8-15

9-

37 y2 c

—

25c

(quar.)

8-19

1

25c

.

(quar.)

Tampax, Inc.
(quar.)
Taylor & Fenn, 4.32%

Transit

Arabian

Company

9-

;*

1

49

Payable of Jlec,

$1

-

-

8-15

If-

*20c
;

(quar.)

Co.

1

8-29

*60c

iquar.)

;

Die

9-

s-a)

(quar.)-.
Walker (Hiram) Gooderham &
Worts, LtdWainer Brothers Pictures, Jnc
Warren
(Northam), $3 conv. pfd. (quar.)
Warren Petroleum Corp. (quar.)
.Warren (S. D.) Company common
$4.50
preferred (quar.)
Waterloo, Cedar Falls & Northern RR
Wayne Knitting Mills (quar.)—.

8-31

11-15

*60c

Sylvanite Gold Mines, Ltd. (quar.);
Syracuse Transit Corp. (reduced)

9-

Quarterly
Quarterly

Bcott

&

12-

Shops

'

Superior Tool &

9-15

Antonio

Bavage

8-19

Ry.

Products,-Inc. (quar.)
Sagamore Manufacturing Co
Eagutnay Power Co., Ltd., iY*% pfd.

Saudi

9-10

12-15

Lowell

partic preferred

Co., common

4%

9-16

9-10

$1

Ray Drug Co., common
6%
preferred (quar.)__.

Swift

Eafway Steel

Ban

1

9-10

510-

S1.12V2

Oil

Paper Co., common (quar.)
1st pfd. series A (quar.)

Regis

A

Extra

1

25c

(quar.)_

Sun

Class

10-

31»/4C

—

Corp., $1.25 pfd.
Oil Co., Ltd.—

A.)

8-18

1

(increased

-

Electric

Extra

8-29

25C

—

Stonega Coke & Coal Co. (quar.)
Storkline Furniture Corp.
(quar.)

9-

(D.

9-12

56c

9

;

Walgreen Company,

Inc.

(quar.)

9-9

$1.25

conv.

Extra

When

Share

Building

Waite Amulet Mines, Ltd.

9-15

9-

Company

Wacker-Wells

12-15

1

50C

——

9-

Stuart

10-

25c

(quar.)—_—

9-

Wells

12-31

*20c

Inc.

Fuller Co.

Baer &

preferred A vtc (quar.)__
preferred A vtc (quar.)__

conv.

9-15

8-20

Wagner

(quar.)—

Stem Textiles,

a.

Stlx,

Inc.

Drug,

4%%

37y*C

._

Francisco

Per
Name of

8-20

9-30

$1.25

20C

5%

Louis-San

1

(quar.)
Ltd.
(quar.)

Bros.,

Sterling

9-10

Royal

fit.

9-

(quar.)

preferred
preferred

5%

25c

(quar.)———

Theater,

Roxy

1

$1.25

30c

Corporation

Holders

9-

Stecner-Traung Lithograph Corp.—

25c

Rowe

When

Payable of Ree.

20c
60C

Fuel

9-15

pfd. (quar.) __ *$1.06V4

Ltd.

Per

State

(733)

.

prior

Holland Paper Co.,
Ronson Art Metal

1

$1.25

—

preferred (quar.)——
Rohm & Haase Co., common
(quar.)
4% preferred A (quar.).
——
5%

8-15

1

$1.25

preferred (quar.)__——
preferred A (quar.)—

5%
5%

9-

CHRONICLE

Share

Name of Company

Payable of Rec.

30c

FINANCIAL

&

Holden

When

Per

Share

Name of Company

Rockwood

COMMERCIAL

THE

Number 4831

Volume 170

of

had

cash

watches.
stockholders

been

was

also

the

increased
sale,

approved

at

from $300,000 to $2,800,000.
price, of approximately

half

consummation

of

the' .company's

reorganization plan and a loan from the Reconstruction Finance Corp.

voted

They
create

to

5,000,000

cancel
new

$1

the
par

37 %C

2-1-50

1-16

37 %c

5-1-50

4-17

37 %C

8-1-50

7-17

8-15

by factor's liens and

company

and to

covering its $6,000,000 loan to

9-

existing stock of the
capital shares.

20c

1

40C

9-20

35C

10-20

9-

9

10-10

The

The
basis

plan

new

of

one

provides for issuance of a 10-year 4% note to the RFC
the company. The loan will be secured

shares
new

mortgages on the company's assets.
*
be issued to holders of the old stock on a
for each 10 old shares.
The holders of the

will

share

50

(734)

$3,881,040
each

be

debentures

face

$4

paid on

final

value

basis

a

amount of

Provision
at

within

nine

receive

will
of

of

such

the

to

the

of

holders

stock

new

for

creditors

unsecured

tneh

made

months

final

of

allow

to

stock

new

board of directors

new

and

naif

.or

claims has still

was

additional

par

aebentures

stoc».

new

share

one

A

of

the
of

consummation

the

stock

old

to

reorganization

the

plan.

the
to

Formation

record

the

the

on

The

further

action

by

Royalties, interest elc.
of

47,231

47,231

94,317

Gross income before costs

It

&

10,117,472

General

&

Interest

on

administrative

10,117,372

841,365
377,654

426,254
173,856

179,647

873,000

1,030,000

722,000

$1,430,203

$1,665,641

Earnings per
—V.

169,

$1,150,892

share

common

$1.73

'

$2.07

$1.35

to
bonds.

2%%

,

bonds,

for

Co.—Earnings—

sales

been

the

Co.

and

effected

five

Interstate

company

the

1949

1943

$8,406,842

...

Income before income taxes.™..
Provision for income taxes..

1947

$6,749,305

2,024,071

Number

of

—V.

The

outstanding.
the

present in

the

p.

163,

$772,614

proceeds

Power

ended

$1.37

Net

989.

Net

170,

p.

provision

for

common

(INCLUDING

stock

from
Net

-

&

admin,

spilt

to

Nil

and

Federal

amounted

taxes

to

$1,-

$1,593,664.

three-for-one

SUBSIDIARY

1949—3 Mos.—1948

in

March,

1948.

COMPANIES)

1949—6 Mos.—1948

$18,164,323 $14,809,923 $35,043,452 $29,175,400

dividends

investments

gains from

570,413

sales

Misc.

other

Total

inc.

income

22,317

91,864

127,891

237,094

235,775

distrib., &

general

8,962,071

for

income

17,576,467

2,824,868

6,929,044

225,202

143,661

434,845

depreciation—

Prov.

7,290,933

3,791,527

expenses

for

U.

S.

taxes:

$24,804

16,084

13,468

$30,360

$8,720

$2.>,002

21,024
524,834

59,715
509,371

41,895

No.

of

513,872

Net

earnings

Foreign

14,519,171
5,432,432

'

290,429

/•..v

Government

$42,886
12,526

$36,470

336,922

$18,757,074 $15,083,592 $35,915,173 $29,770,414

Prov.

marketable

Dr69,341

services,

admin,
1947

703,968

Dr964

(net)

"labor,

Mater.,
Sell.,

146,742

Or69,526

of

and Other plop.

\ see.,,

The remaining $4,000,000 of new bonds will be held
the company treasury.—See V. 170, p. 536.

on

was

WHOLLY-OWNED

allowed

Interest; and

1948

income

280,082

$9.28

charges

149.

p.

'= Period End. June 30—

11 authorized this
refunding
mortgage

1949

Federal

308,080

JAfter

Net sales, less cash dis-'

actually sell only $6,870,000 of
the payment of maturing bonds

-

inc.

(excl.

realized

expenses

gain

gain

of common

invests.)-

on

investments

on

shares

Co.—Weekly Output—

outstanding-

BALANCE

output of the electric properties of this company for the week
13, 1949 totaled 99,529,600 kwh, a decrease of 5.87%
output of 105,635,000 k*h. ior the corresponding week of

1948.—V.

to
to

and

$2.49

requirements.

$256,680

(Wm.) Wrigley Jr. Co.—Earnings—

Net

1,646,718

ASSETS—Cash

securities,

in

interest

able

600.

banks

at quoted

and

securities—at

and

market

receivable,

on

value

$11,135;

quoted

STATE AND

SHEET

market

AT JUNE 30,

hand,
(cost

1949

1,620,005

3,349,394

3,195,096

values,

$1,391,544;

CITY

—

192,626

762,768

370,799

$3,001,499

$6,862,655

$5,962,487

1,968,487

1,968,487

1,968,487

1,968,487

$1.52

$3.49

outstdg.
share

$1.85

per

Net

earnings

of

foreign

subsidiaries

$3.03

included

1949

Three

dividends

Six

$4,178; market¬
total, $1,767,623.

—V,

months

months

169,

above

to:

Government

$100,047;

receivable,

485,919

$3,645,637

shares

amounted

U. S.

$260,719;

$100,020),

accounts

Governments

earnings

NOTES

Aug.
the

Aug.

on

1947,

170,

with and into this company
Harbor Lumber Mills, sub¬

general

924,002

$2.47

dividend

$3,177,554

474,334

$1.62

General

$654,513

474,329

$2.55

No.

from

of

plans

company

applying

Divs. & int. received

436,000

474,329

shares

West Penn Electric

preferred

NOl'E—The
—V.

exchange of one-third share of
Willapa stock, respectively, for one

Commission

924,000

shs.„

com.

*

-

1946

1947

1948

$2,618,731

outstanding-

In

subsidiaries)

1949

961,350, in 1948, to $1,743,186 and in 1949

the

6 Months Ended June 30—

1,090,513

$1,210,071
shares

common

per

authorized

the

Wisconsin Investment Co.— -Earnings—

$5,422,914

1,281,614
509,000

814,000

income

Earnings

Willapa

of

$10,870,000

securities
Net

merger

by

shares

Commerce

issue

1949—7 Mos.—1948

$309,998,001 $317,681,656

$47,089,355

$2,600,190

etc.

6 Months June 30—

Gross

increase

to

Wheeling & Lake Erie Ry.—Bonds Approved—

now

Warner

voted

last,

taxes.

353,115

2037.

p.

29,

that

Lumber

and

.

Sales 7.8% Lower—

1949—Month—1948

__

per

counts

177,493

taxes.™

income

shs.

"After

of

The
Net

Com.

Weyerhaeuser stock. This consolidation resulted in the issu¬
ance of 49,422 and 17,947 shares, respectively, to stockholders of White
River and Willapa Harbor, other than Weyerhaeuser.—V. 169, p. 2465.

619,197

expenses.

debentures

has

River

share

9,502,190

1,051,634

vehicles

Estimated Federal income

White

.

.

June

on

announced

River

sidiaries,

$40,911,033 $44,497,072 $41,262,576
44
30,285,393
28,737,689

exps.

also

is

White

1949,

30,

:

;V;//

(Including domestic

profit

There

31,151

Sola

stockholders

The

159,404

—

Delivery and sell. exps. incl. adver.
Depreciation on buildings, machy.
and

+Nct

capital stock from 3,200,000 shares to 3,250,000 shares, no par value.
were 3,057,913 shares outstanding as of May 26, 1949.

64,246

261,337

June

at

2758.

p.

Worthing ton Pump & Machinery Corp.—Earnings—

Weyerhaeuser Timber Co.—Capitalization Increased—

47,188

58,965

169,

$43,491,085
170, p. 345.

"Earns,

50,153

,.™_-

securities

marketable

6 Mos. End. June 30—

27 Weeks Ended

End.

of

goods

—V.

Millar, wartime director of the U. S. Signal Corps Board, has
appointed Director of Research.—V. 170, p. 600.

been
>.

July 31—

Sales

from

.■

July 9, 49
July 3,*48
July 5/47
$40, <54,684 $44,094,187 $40,960,587

property

Miscellaneous income

Cost Of

facilities

and

and

$1,767,623.—V.

Woolworth Co.—July

Period End.

aircraft

its

and on Aug. 19 began to fly daily roundAngeles
(Burbank)
and San Francisco-Oakland.
Inc.,

Lines,

Western Union Telegraph Co.—Research Director-—

Co.—Earnings—

Net sales of products
Divids.—The British Arkady Co., Ltd.
sale

charter

will

company

Air

securities

total,

(F. W.)

J. Z.

23 Wk

on

Air
Lines
of Cali¬
transportation wholly

Western

corporation,

new

a

trips between Los
—V. 170, p. 536.

meeting was adjourned to Aug. 29 in the event
the stockholders may be needed.—V. 170, p. 600.

Ward Baking

Profit

new

Western

unuefetattumg *uc*i a cwu**e would be recommended

stockholders'

of

Inc., to engage in intrastate air coach
within California, was announced on Aug. 15.

directors.

The

ments,

Dr$181,370,

fornia,

by a stockholder's
representative that holders of the
given first chance at any additional issue was placed in

be

payable, $25,259; dividends payable, $43;sundry liabilities, $352; common stock ($1 par) $525,834;
surplus, 5784,958; accumulated net realized gain on invest¬
$569,216; unrealized depreciation in quoted values of U. S.

other

Government

Forms New Subsidiary—

given authority to issue the additional

was

LIABILITIES—Accounts
capital

'

Accounting.-

194§

Monday, August 22,

374;

Gray has been named Acting Director of the Budget, a newly
position.
He formerly was Manager of General Ledger and

pur¬

basis

one-for-ten

same

/•/.:/

request
stock

S.

created

Stock.

old

H.

The

determined.

be

on

CHRONICLE

FINANCIAL

&

Western Air Lines, Inc.—Promotion—

will

approved claims.

COMMERCIAL

Cost

also

chase
The

THE

ended

ended

June

June

30

1948

$536,918

$279,279

818,878

30

528 427

.

-

.

s

2322,

p.

DEPARTMENT

BOND PROPOSALS AND NEGOTIATIONS

ARKANSAS

Fresno County Sch. Dists.

Madison County (P. O.

Huntsville), Ark.
Bond Sale—The

$80,000 hospital

bonds offered Aug. 12—v.
170, p.
537—were awarded to T. J.
Raney
&

(P. O.

Fresno), Calif.
Bond

Sons, of Little Rock.

Sale—The

$40,000

Helm

Sch. Dist. bonds offered Aug. 9—
were awarded to Dean Witter &

Co., of San Francisco, as 2J/2s, at
a price of 100.21, a basis of about
2.45%.

Paragould, Ark.
Bonds Sold—An issue of
$100,municipal light plant revenue
bonds has
been
sold
to
T.
J.

Additional Sale

The

—

$52,000

000

Washington

Raney & Sons, of Little Rock, as
3s. Dated Aug.
1, 1949. Due on
Aug. 1 from 1950 to 1959 inclu¬

awarded to the William R. Staats

sive.

Colony

bonds offered

on

$31,000

Sale—The $182,000 water
and sewer bonds offered
Aug. 10

170,

the

Bank

Trust
San
a

p.

346—were awarded to
of America
National

&

Savings Association, of
Francisco, on a bid reflecting

net interest cost of about

2.94%,
maturing in" 1950 to
1959, as 3s, bonds maturing in
1960 to 1963, as 2%s, and bonds
maturing in 1964 to 1967, as 3s.
for

bonds

The

second

highest

bidder

John Nuveen &

Co.,

flecting

interest

net

a

date

were

2.64%,

21/^s,

as

follows:

as

Due

Sept. 1

on

from 1950 to 1962 inclusive.

Alturas, Calif
Bond

—v.

Dist.

Co., of Los Angeles, and Schwabacher & Co., of San
Francisco,
jointly, at a price of 100.02, a
basis of about

CALIFORNIA

Sch.

same

was

bid

of

2%s.

as

Due

Sept. 1

on

from 1963 to 1969 inclusive.
The second highest bidder
the

Bank

of

America

was

National

Trust & Savings
Association, San
Francisco, for Helm Sch. Dist.
bonds, as 3s, at a price of 100.14,
and Dean Witter &

ington
for

Colony

$25,000

2%s, at

as

Dist.

bonds,

2y2s, and $27,000

as

1950

100,000

of

Oost

Wilmington

on

Due

on

Authority,

Series notes offered Aug. 16 were

Sept.

1,

All of the bonds are dated Sept.
1, 1949. Second high bid of 100.204
for $500,000 2y4s and $450,000 2%s
was made by a group
composed of
John Nuveen & Co., Weeden &

awarded to the Chemical

Bank &

Trust Co., of New York, and As¬

sociates,

at

mium of $8.

Due

on

0.80%, plus a pre¬
Dated Sept. 13, 1949.

March

Burbank

Unified

Offering

—

An

issue

bonds.

18,000 street lighting bonds.

Fla.

to

bonds.

Due

1950

1973

to

1973

school

inclusive.

district

Aug. 1 from
inclusive.

Sold—An issue of

sewer

These

bonds

bonds

has

were

the election held

awarded

on

to

Bank

Blyth

been

$197,sold.

authorized

April 12.




the

Trust

Corte Madera, Calif.
Bonds

Aug. 17—v. 170,
a

on

Dated Aug. 1, 1948.

000

ed

at

&

&

group

of

p.

part of a total issue of $554,000
authorized at the election held on

Secretary of the Board of Public
Instruction, will receive sealed

Aug. 10, 1948.

bids until 10 A.M.

<

;

.

(EST)

31 for the purchase of

CONNECTICUT

to

Connecticut (State of)
Paying Agent — Manufacturers

Company has been appoint¬
York Paying Agent for

New

exceed

3%%

on Aug.
$725,000 not

interest

school

building 7 coupon bonds. Dated
Aug. 1, 1949. Denomination $1,000.
Due Aug. 1, as follows: $29,000 in
1951, $30,000 in 1952, $31,000 in
1953, $32,000 in 1954 and 1955,
$33,000 in 1956, $34,000 in 1957,

HAWAII
Hawaii Housing

National

Co.,

Association, 4%

William

R.

Staats

Co., Heller, Bruce & Co., Lawson,
Levy & Williams, Kaiser & Co.,
and

Schwabacher

San
*•>.

Francisco,
*

Delaware
Definitive
The

Savings

-i"

at

&

Co.,
a
'>

all

price

of
of

struction in

DELAWARE

639—were

revenue

(State of)

Bonds

Delaware

order

Memorial

bonds

;

Available
due

Bridge
June

1978, of the State of Delaware
available in definitive form in
change
Bankers
York

for

—

1,
are

ex¬

temporary bonds at
Company,
New

Trust

City, and at Equitable Trust

Company, Wilmington, Del.

inverse numerical

Aug. 1, 1959, and on
any interest payment date there¬
on

Authority,

Honolulu, T. H.
/
$948,000 notes
offered Aug. 16 were awarded to
Note

the

Sale—The

Chemical

Bank & Trust Co.,
and
Associates, at
premium of $12, as

New

York,
0.82%, plus

a

follows:

$528,000 7th Series notes.
420,000 8th Series notes.

of

composed of

America

*

t

Dated

Sept.

13,

1949.

Nov. 15, 1950.

IDAHO

Bond Sale Details—The
construction
the

First

$50,000
purchased by
Savings Bank,
previously noted in

bonds

Trust &

of

Moscow,

v.

170,

at

a

as

442,

p.

price of

sold

were
par

-

Dated

Little

*

Irrigation Dist.
O. Carey), Idaho

(P.

v.

170,

p.

no

bids

were

opinion of Chapman & Cutler, of
Chicago, will be furnished with¬
out cost

to

the

purchaser. A

tified check for 2%

payable

to

the

cer¬

of the bonds,

Board

Instruction, is required.

of

Public

2y4s,
T,

Jan.

Wood River

of

approving

as

1950.

reservoir bonds offered

The

on

County, Moscow Sch. Dist.
(P. O. Moscow), Idaho
!

after. Principal and interest pay¬
able at the Florida National
Bank,

Jacksonville.

Due

;

Lath

—

1950

were

Co., of Atlanta, at a price of 106.31,
a basis of about
2.20%, as follows:

-

from

23/4%

12

Clement A. Evans &

—

750,000 high

Aug.

The second highest bidder was
Paying Agent — United States
Trust Co. of Georgia,
Dean Witter & Co., and Redfield Trust
Atlanta, at
Company of New York has
a price of 106.07.
& Co.
been appointed Paying Agent for
Dated July 1, 1949. Denomina¬
$650,000 water and sewerage rev¬
Turlock, California
enue 4% bonds, due serially
April tion $1,000. The approving opin¬
Bond Offering—Walter Brown,
ion of some market
1, 1951, to April 1, 1978, inclusive.
attorney, to¬
City Clerk, will receive sealed
gether with the printing of the
bids until 11 p.m. (PST) on Aug. Nassau County Spec. Tax Sch. Dist.
bonds, shall be paid by the pur¬
No. 1 (P. O. Fernandina), Fla.
30 for the purchase of $319,000 va¬
chaser.
rious City bonds. These bonds are
Bond Offering—John T. Weisner,

ed

Bond

Sale—The $128,000
offered

awarded to

FLORIDA

Dunedin,

Co., California Bank, Los Angeles,
Paine, Webber, Jackson & Curtis,

Long Beach Unified Sch. Dist.
(P. O. Los Angeles), Calif.

Sch.

Bond

bonds

$60,000 paving bonds.
50,000 school improvement

17, 1950.

$2,000,000 World War II bonus
bonds, series III issue dated Aug.
$35,000 in 1958, $37,000 in 1959,
15,1949.
Dist., Los
$38,000 in 1960, $39,000 in 1961,
Angeles County (P. O. Los
$14,900,000 bonds will be offered
Torrington, Conn.
^
$40,000 in 1962, $41,000 in 1963,
Angeles), Calif.
for sale on Sept.
Note Offering—Edwin J.
13, as follows:
Dowd, $42,000 in 1964, $44,000 in 1965,
Bond Sale
The $2,000,000
City Treasurer, will receive sealed
$7,125,000 elementary bonds.
bonds offered Aug. 16—v.
$45,000 in 1966, $46,000 in 1967,
170, p.
bids until 11 a.m.
5,480,000 high school bonds.
(DST) on Aug. $48,000 in
537—were awarded to R. H. Moul1968, f and $49,000 in
30 for the purchase of
2,295,000 college bonds."
$200,000 1969. If any of the bonds
ton & Co., of San
maturing
Francisco, and
tax anticipation notes. Dated
Sept. in 1960 to
These bonds were authorized at
Security-First National Bank of
1969, are sold to bear
1, 1949.
Due on April 21, 1950.
Los Angeles,
interest at a rate greater than
jointly, as 2y4s, at a the election held on Nov. 2, 1948.
Payable at the office of Brooks
price of 100.16, a basis of about
2.99% per annum, the bonds bear¬
Bank & Trust
Co., of Torrington.
Palm Springs, California
2.23%, as follows:
ing such greater rate shall 'be
Legality approved by Harry OsBond Sale
callable for redemption at the op¬
The $950,000 mu¬
$1,250,000 elementary school dis¬
sen, City Attorney.
tion of the Board of Public In¬
trict bonds.
Due on Aug. 1
nicipal improvement bonds offer¬
about 3.18%.

GEORGIA

Cordele, Ga.

Note Sale—The $1,660,000 17th

Sept. 1 from

to 1966 inclusive.

2%s.

Housing
Delaware

1967 and 1968.

Trust

price of 100.15.

a

$850,000 2y2s. Due

Co., for Wash¬

Sch.

re¬

cost

on a

21,000

100.167, a net interest
2:533%, as follows:

about

Bonds

Twin

Not

Sold—The

347—were

Falls

Bond

of

sold

as

received.

County Class

Dist. No. 412

Clerk

$200,000
July 30—

not

A Sch.
(P. O. Buhl), Ida.

Offering—L.
the

Board

E.of

Byrne,

Trustees,

Volume

receive*

will

Number 4831

170

bids

sealed

until

THE

8

P.M.

COMMERCIAL

Philo, III.
Bond

3%
water system bonds offered Aug.
15—v. 170, p. 640—were awarded

July 1, 1949. Denomination. $1,000.

to

shall

bonds

The

be

and

mature

$20,000

at

price

a

of *103.58,

payable on an annual amortiza¬
tion plan, the first amortized prin¬

basis of about 2.56%.

cipal payment maturing and being

to 1959 inclusive. The second

payable at the expiration of

est bidder

one

from the date of issue, and
the last amortized principal pay¬
ment, maturing and being payable
at the expiration of 10 years from
year

the date of

issue, and the various

annual maturities being as nearly

practicable in such amounts

as

as

1, 1949.

Co., at

Due

levy in accordance with Chapter
Idaho

at

Sessions

office.

the

Laws,

District

check

for

Due

Imp.

of

bonds,

payable to the
Treasurer, is required.

the

District

to

champ,

Township

receive

sealed

(CST)

Aug.

on

chase

of

school

29

$145,000

until

for

$80,000

School

$3,000

Chicago Housing Authority, III.
Note Sale—The $20,230,000 notes
offered Aug. 16—were awarded as

000

-

the

pur¬

Chicago, Na¬

interest, plus

a premium of $5.
Series notes pur¬
chased by the Harris Trust &
Savings Bank,
Chicago, at

525,000

132nd

0.78%

;

5,705,000

chased by the Chemical Bank
& Trust Co., New York, and

,

Associates, at 0.79% interest.

*47,000,000 132nd Series notes

purchased by the Chemical Bank
& Trust Co., New York, and

*

Associates, at 0.79% interest.

;
'

131st Series notes pur¬
chased by the La Salle Na¬
tional Bank, Chicago, at 0.74%

500,000

'

interest.

,

,

1,000,000 131st Series notes pur'
chased by the Sears Commu¬
nity State Bank, Chicago, at
0.79% interest, plus a pre-

.

/

mium of

.

$10.

3,000,000 131st Series notes
,

pur-

chased by the First National
■'*' Bank, Chicago, at 0.72% in¬
terest, plus a premium of $18.

;

;

,

Jan.

1

1951

to
on

Dated July 1,
pur¬

of

Chicago, and Raffens¬
Hughes & Co., of Indian¬

exceed

divided

and

1962

July

1

000

inclusive,

clusive.

1961

i,

to

name

;

Bank

&

Trust

0.75%

at

Dated Sept. 13, 1949.

and

132

notes

due

are

Co.,
interest.

Series 131
on

March

Bond

District, Illinois
$8,300,000 se¬

Sanitary

Sale—The

Fox, Reusch & Co., both of Cin¬
cinnati, Raffensperger, Hughes &
Co., of Indianapolis, and Ravenscroft & Co., of Cedar Rapids,''as 4s,
at a price of par. Dated May 1,
1949. Due on May 1 from 1953 to
inclusive.

ed

a

170, p. 538 — were
syndicate composed

to

the
Indianapolis Bond
Corp.* of Indianapolis,

Share

of the Continental Illinois Nation¬

2Y>s, at

al

of

Bank

&

Trust

First Na¬
tional Bank. Northern Trust Co.,
Harris
Trust
&
Savings
Bank,
City National Bank & Trust Co.,
Co.*

the American National

and

Trust

2V4S, at

a

interest

Bank

Co., all of Chicago, as
price of 100.799, a net

cost

2.1757%.

to

The

maturity

bonds

are

of

dated

Sept. 1, 1949 and mature on Jan.
•1, 1969, and $7,905,000 are optional
as
follows:
$465,000 on Jan. 1
from

ond
.

1952

to

1968

inclusive. Sec¬

high bid of 100.262 for 2Yis
made by a syndicate, leading

was

members of which included

Glore,
Forgan
&
Co., Drexel
& Co.,
Stroud & Co., White, Weld & Co.,
and Harris, Hall & Co.
County Housing
Authority, III.

Note

Series

ivere

Sale—The
notes

$575,000

offered

awarded

to

the

Aug.

Goshen, Ind.
Offering—Clare F.Garber,
City Clerk-Treasurer, will receive
Bond

(CST) on
Aug. 29 for the purchase of $30,000 not to exceed 3%

station

building

of

interest fire

1949

$1,000. Due $3,000 on July 1, 1950,
and $3,000 on Jan. 1 and July 1
from 1951 to Jan. 1, 1955 inclusive.
Bidders to

name

the rate of inter¬

est, expressed in a multiple of V4
of 1%. The approving opinion of
Ross, McCord, Ice & } Miller, of

Indianapolis, will be furnished to
purchaser

at

the

16—

expense

of

City. A certified check for
payable to the City, is re¬
quired.
$500,

Greendale, Ind.
Bond

Klapper,

Offering
Town

—

Richard

A.

Clerk-Treasurer,

mium of $2.

will receive sealed bids until 6:30

Due

P.M.

on




(CST)

on

Aug.

29

ex¬

a

Ifoble Twp. (P. O. New Salem),

for

the

bonds.

Dated

Sept. 1, 1949^ Denomination $900.
Due $900 on July
1, 1950, and
$900 on Jan. 1 and July 1 from
1951

to

Jan.

Bidders

to

1,

inclusive.

1960
the

name

of

rate

in¬

the

purchaser at the

expense

of

A certified check

for

$300, payable to the Town, is

re¬

quired.

Bond

Offering—Garrett

Township

etts,

sealed

(CST)

Trustee,

bids

Aug.

on

22

Rick-

will

until

for

2

the „pur-

chase of $91,000' not t(S* exceed
4% interest school building bonds
divided as follows:

$43,000 School Twp. bonds. Due
$1,000' on July, 1, 1951; $1,000 on Jan. 1, and July
1,
from 1952 to 1963 inclusive
-

and

000
;

$2,000
on

Jan. 1, and $1,1 from 1964 to

on

July

inclusive.

1969

Civil Twp. bonds. Due
$1,000 on July 1, 1951; $1,000
on
Jan. 1, and July 1 from
to

July

1958
Jan.

on

1

inclusive;

1

$2,-

and

from

$1,000 on
1959 to 1969

inclusive.

Dated

Aug. 15, 1949. Denomi¬
$1,000. Bidders to name
the rate of interest, expressed in
multiple of Vi of 1%. The

ap¬

proving opinion of Ross, McCord,
Ice
&
Miller,
of
Indianapolis,
furnished

be

for

each

issue

to

the

is required.

pur¬

$500
1

Owen Twp. (P. O. Rural Route 2,

Charleston), Ind.
Bond

Offering

Trey Beard,
will receive
sealed bids until 7:30 p.m. (CST)
on
Aug. 30 for the purchase of
$14,000 not to exceed 4% interest
Township

school

—

Trustee,

bonds, divided

as

follows:

$7,000 Sch. Twp. bonds. Due $500
Jan.

on

1

from

1951

to

1964

inclusive.

7,000 Civil Twp. bonds. Due $500
Jan.

on

1

from

1951

to

1964

of

interest, expressed in a
multiple of % of 1%. The approv¬
ing opinion of Ross, McCord. Ice
& Miller, of Indianapolis, will be

Schlampp, City Clerk, will receive
sealed and open bids until 10 a.m.
(CST) on Aug. 22 for the pur¬
chase
as

of the Townships. A cer¬

tified check for $500 for each issue

is required.
Richmond

Sanitary District, Ind.
$870,000 sew¬
age treatment plant addition, 1949
bonds offered Aug. 11—v. 170, p.
Bond

Sale—The

awarded

to the City
Fletcher Trust
Co., and the Indianapolis Bonds &
Share Corp. all of Indianapolis,
539

—

were

Securities

oifejed

640

p.

—were

a

2.48%.

Dated

of

$140,000 bonds,

divided

follows:

Aug.

1, 1949.

Due

Feb. 1 from 1950 to 1969 inclu¬

on

sive.

The
W.

was

second

E.

highest

Hutton

bidder

&

Co., and
Co.,
Fox,
Reusch & Co., jointly, for 2%s, at
a price of 100.88.

Bohmer-Reinhart

&.

Louisville

and
Jefferson
County,
Metropolitan Sewer Dist. (P. O.
Louisville), Ky.

Bond

Offering

District

receive

(CST)

A.

—

H.

West,

Secretary-Treasurer, will
sealed

bids

Aug.

on

until

30 for

11

the

a.m.

pur¬

chase of $4 million not to exceed

5% interest

bonds,
1,
$1,000. Due

revenue

sewer

series

1949

1949.

Deriomination

Sept.

bonds.

Dated

Sept.

1,

as follows:
$120,000 in
1953, $130,000 in 1954 to
1956, $140,000 in 1957 and 1958,
$150,000 in 1959 and 1960, $160,1951

to

in

000

1961

and 1962, $170,000 in
1964, $180,000 in 1965
and
1966, $190,000 in 1967 and
1968, $200,000 in 1969 and 1970,
$210,000 in 1971 and 1972, $220,000

1963

and

in 1973, and $230,000 in 1974, pro¬
vided, however, that bonds ma¬
turing in 1955 to 1974, shall be
subject to redemption by the Dis¬
trict

prior to maturity

in whole

from time to time in part in the
inverse order of their maturities

or

(less than all of a single maturity
by lot) on any in¬

to be selected
terest

payment date on or after
Sept. 1, 1954. Said bonds shall be
at

price per bond
principal amount
thereof,
plus
interest
accrued
thereon to the date of redemp¬
tion, plus a premium of 4% of the
principal amount thereof if called
for redemption on or before Sept.
1, 1956; 3V2% of the principal
to

a

the

thereof

amount

if

called

thereafter

demption

for

and

re¬

or

on

$100,000 street improvement ; before Sept. 1, 1958; 3% of the
bonds.
Due $25,000 on Nov. 1
principal amount thereof if called
from

1952

to

1955

inclusive.

40,000 sewer bonds. Due on Nov.
1, as follows: $7,000 in 1952;
$6,000 in 1953; $24,000 in 1954,
and $3,000

Dated

in 1955.

Sept.

1, 1949.
The ap¬
proving opinion of Chapman &
Cutler, of Chicago, will be fur¬
nished by the City.
A certified
check for 2% of the bonds of each

for

redemption thereafter and on
Sept. 1, 1960; 2*/2% of
principal amount thereof if
called for redemption thereafter
and on or before Sept. 1, 1962; 2%
of the principal amount thereof
if called, for redemption
there¬
after and on or before Sept.
1,
1964;
iy2%
of :the
principal
before

or

the

thereof

amount

called

if

for

re¬

demption thereafter and on or
Sept. 1, 1966; 1% of the
Iowa (State of)
principal amount thereof if called
Bond Sale—The $8,750,000 serv¬
for redemption thereafter and on
ice compensation bonds offered at
or before Sept.
1, 1968; and xk%
public auction Aug. 17—v. 170, p.
if called' for redemption
there¬
443—were
awarded
to
Halsey,
after and prior to maturity. Bid¬
Stuart & Co., as %s, at a price of
ders to name the rate of interest,
100.02286, a basis of 0.74%. Dated
expressed in a multiple of % of
Dec. 2, 1948. Due on Dec. 1 from
1%.
The approving opinion of
1949 to 1953 inclusive. The second
Chapman & Cutler of Chicago,
highest bidder was Harris Trust &
will be furnished without cost to
Savings Bank. Chicago; Northern
the purchaser.
A certified check
Trust Co.,
Chicago; Continental
for $80,000, payable to the Dis¬
Illinois National Bank & Trust

issue, is required.

Co., Chicago; First National Bank,

Chcago;

Corp.,

Iowa-Des

Bank

tional

&

Moines

Trust

Co.,

ly, for 3/4s, at

a

Trimble County

Des

price of 100.022285.

Laurel Con. Sch. Dist., Ia.
Bond

trict, is required.

Na¬

Moines; Central National Bank &
Trust
Co., Des Moines; WhitePhillips Co., City National Bank &
Trust Co., Chicago; American Na¬
tional Bank & Trust Co., Chicago,
and Vieth, Duncan & Wood, joint¬

Bond

Aurelia

Aug.
and

of
a

to

Dist.

Bond

Indep.

Schl.

Aurelia), la.
Sale—The $35,000 build¬
(P.

2s, at a price of 100.21, a basis
of about 1.97%. Dated Oct. 1,1949.
as

school

bonds offered
170, p. 539—were

13—v.
the

The $30,000

to

Stein Bros.

&

Bond

Bankers

Boyce,

Co.,

both

Louisville, jointly, as 3V4S, at
price of par.
Dated July 10,
Due

1957

on

Jan.

10

from

1952

inclusive.

LOUISIANA
Jefferson

Sch.

Parish

Dists.

(P. O. Jennings), La.

O.

ing bonds offered Aug. 15—v. 170,
p. 539—were awarded to the First
Trust & Savings Bank, of Aurelia,

—

revenue

awarded

2s.

Con.

Sale

building

ing bonds offered Aug. 16—were
awarded to the White-Phillips Co.,

New

(P. O,

Bedford), Ky.

1949.

Sale—The $110,000 build¬

of Davenport, as

furnished to the purchaser at the
expense

O ffe fin g—Robert

Bond

inclusive.

Dated July 1, 1949. Denomina¬
tion $500.
Bidders to name the
rate

170,

v.

before

nation

a

bonds

revenue
—

Harrison, and
Weil, Roth & Irving Co., both
Cincinnati, jointly, as 2y2s, at
price of 100.09, a basis of about

equal

Burlington, la.

re¬

P.M

Sale—The $175,000 school

redeemable

IOWA

bonds.

Dated Sept. 1, 1949. Denomination

will receive sealed
p.m. (CST) on Aug.
purchase Of $18,000 not
4V2% interest street im¬

the Town.

sealed bids until 2 P.M.

the

10th

York, and
0.80%, plus a pre¬
Dated Sept. 13, 1949.
March 17, 1950.
at

basis

2.47%, as follows:
$4,500 School Twp. bonds.
4,500 Civil Twp. bonds.

Chemical

Bank & Trust Co., New

Associates,

a

&
as

about

the

Madison

price of 100.14,

a

interest,

chaser. A certified check for

Aug.

Clerk,

until 2

1949

of

in¬

of

fied check for $2,000, payable to
the City, is required.

Will

Kokomo), Ind.

ries 14 construction bonds offered

18—v.

rate

terest, expressed in a multiple of
y8 of 1%. The approving opinion
of Ross, McCord, Ice & Miller, of
Indianapolis, will be furnished to

169, p. 2466—were awarded
syndicate composed of the
Cincinnati Municipal Bond Corp.,

Bond Sale—The $9,000 building
bonds offered July 5 were award¬

awarded to

the

multiple of Vs of 1%.
approving opinion of Ross,
McCord, Ice & Miller, of Indian¬
apolis, will be furnished to the
purchaser without costs. A certi¬

a

<

bids

22 for the

48,000

Clay Twp. (P. O. R. R. 4,
Chicago

of

The

Carlisle, Ind.

17, 1950, and Series 133 notes are
11987
due on Dec. 20, 1949. /v

&

the rate

1952

Chicago,

Due

1

pressed in

in¬
,

Dated

Bond

building
Aug. 15

inclusive.

1957

name

provement

on

Jan.

Town

Sept. 1,

Denomination $1,000.

July 1, 1950, and $7,000
and July 1 from 1951
to Jan. 1, 1960 inclusive. Bidders

Twp. Sch. Twp. (P. O.
R^Ril^Sdmerville), Ind. *"
Bond Sale—The $33,500 school
building of 1949 bonds offered
July 21 — v. 170, p. 151—were
awarded to the Gibson County
Bank,** of Princeton, as 2s, at a
price of 100.10, a basis of about
1.98%. Dated May 1, 1949. Due
to

1,

Zionsville, Ind.
Offering — James Jones,

Bond

to exceed

1949 bonds.

on

Barton

1951

to

interest

3%

$7,000

1949. Denomina¬

from

exceed

1949.

000

tional

was

sewer

Jan. 1 and $2,-

ceive

1

to

not

to

'

June

(CST) on
Aug. 23 for the purchase of $140,-

8—v.

'

.

1,500,000 133rd Series notes pur¬
chased by the American Na¬

1.16%.

on

sealed bids until 2 p.m.

interest.

.

•

Bidders

1.

Bond Sale—The $170,000 water
works revenue bonds offered Aug.

133rd

15, 1949. Due

highest bidder

Series notes pur¬
chased by the Exchange Na¬
tional Bank, Chicago, at 0.72%

500,000

basis of about

a

price

a

Lafayette, Ind.
Offering — Curtis Hostetter, City Comptroller, will receive

as

Multiple of V4 of 1%. The ap¬
proving opinion of Ross, Mc¬
Cord, Ice & Miller, of Indian¬
apolis, will be furnished to the
purchaser at the expense- of the
Townships.

Jan.

Jan.

to

payable to the Board of County
Commissioners, is required.

tion $1,000. Bidders td name th^
rate; of interest,* expressed in a

on

1951

pur¬

the

KENTUCKY
Fort Thomas, Ky.

the

Glore,

100.42,

iy4s, at

as

51

awarded to Breed &

price of 100.28.

Forgan & Co., for 1.20s, at a price
of 100.01, a basis of about 1.19%.

July 1, 1963.
65,000 Civil Twp. bonds. Due
$2,000-on July 1, 1950; $2,000 on Jan.
1
and July 1
from 1951 to 1965 inclusive,
and
$2,000 on Jan. T knd
$1,000 on July 1, 1966. /

interest.

131st Series notes

Savings

1 from 1953 to 1955 inclusive. The

000 oil:

Bank, Chicago, at 0.74%

&

Stranfor 3s,

second

Twp. bonds. Due
July 1, 1950; $3,-

$3,000

and

chased, by

on

oh

from

follows:

Trust

a

was

Vanderburgh County (P. O.
Evansville), Ind.
Bond Offering—Otto H. Meyer,
County Auditor, will receive
sealed bids until 10 a.m. (CST)
on
Aug. 25 for the purchase of
$69,500 not to exceed 4% interest
remodeling and improvement 1949
bonds.
Dated Sept. 1, 1949.
De¬
nomination $1,000, one for $500.
Due $4,500 on July 1, 1950, and
$5,000 on Jan. 1 and July 1 from

Bond

'

tional

Harris

Dated Aug.

will

1

to

not

bonds,

City, Ind.
$525,000 school

at

highest bidder

P.M.

Trustee,

bids

of

-

Beau-

E.

is

J-

offered Aug.
442—were awarded

p.

apolis, jointly,

Township (P. O.
Sheridan), Ind.

Offering—Fred

--y

second

terest, expressed in a multiple of
V\ of 1%. The approving opinion
of Ross, McCord, Ice & Miller, of
Indianapolis, will be furnished to
the purchaser without cost. A cer¬
tified check for 3% of the bonds,

follows:

$500,000 132nd Series notes

the

Bank,

Adams
1

for

Town,

.

to

1948 bonds

170,

perger,

3V2%

ILLINOIS

of

15—v.

3, 1950.

INDIANA

Bond

check

the

to

of

of
of

expense

certified

y4

Hammond School

#

pay¬

A

the

Bond Sale—The

Treasurer's

5%

Town.

a

at

$1,000, payable
required.

interest, plus a
Dated Sept. 13,

March

on

1937.

approving opinion of
Pershing, Bosworth, Dick & Daw¬
son, of Denver, will be furnished
to the purchaser without cost. A

purcnaser

the

Sale—The

at 0.80%
premium of $7.

The

certified

the

Co., of New York, and Asso¬

1949.

65.

high¬

awarded to the Chemical Bank &

Trust

the rate of inter¬

name

multiple of
of 1%. The approving opinion
Ross, McCord,- Ice & Miller,
Indianapolis, will be furnished

Authority, III.
'
$2,039,000 22nd
Series notes offered Aug. 16 were
Note

ahan, Harris & Co., Inc.,

1, 1960 inclusive.

est, expressed in

BarcuSj Kindred &

was

2%s, at a price of
basis of about 2.62%.

as
a

Dated Aug. 15, 1949.
Due on Jan.
1 from 1951 to 1970 inclusive. The

Bidders to

1950

from

jointly,
101.30,

from 1951 to Jan.

a

price of 101.88.

a

ciates,

able

1

poorbonds.

(735)

May 1, 1949. Denomination
$1,000. Due $5,000 on July 1, 1950,
and $5,000 on Jan. 1 and
July 1

Dated July

Dec.

on

CHRONICLE

Dated

St. Clair County Housing

will, together with accruing inter¬
est, be paid by^an annual tax

Principal and interest (J-J)

3% interest swimming

White-Phillips Co., of Da¬

venport,

FINANCIAL

purchase of $100,000 not to exceed

Sale—The

(EST) on Aug. 26 for the
purchase of $60,000 not to exceed
2i/2% interest school bonds. Dated

the

&

Bond

offered
were

Sale—The

$550,000 bonds

Aug,

170, p. 251—
syndicate com¬

16—v.

awarded to

a

posed of White, Hattier & Sanford; Equitable Securities Corp.;"

Newman, Brown & Co., all of New
Orleans; Barrow, Leary & Co., of
Shreveport; Scharff & Jones; Weil
der
was
Iowa-Des
Moines Na¬ & Arnold; Nusloch, Baudean &
tional
Bank
&
Trust
Co., Des Smith; Weil & Co.; Glas & Co.;
Moines, for 2s, at a price of Howard, Labouisse, Friedrichs &
100.17.
Co., and G. Price Crane, all of
Due

on

Oct.

inclusive.

1

from

1957

to

1961

The second highest bid¬

•

THE

52

(736)

New

Orleans, at

$300,000

Sch.

$46,000

.

Dist.

3s,

No.

8

bonds:

second highest bidder

The

was

I

as

due

on

inclusive.

250,ouo

Sch.

Dist.

No.

5

Sale—Tne

Note

bonds:

$238,000

CHRONICLE

FINANCIAL

&

Boston, Massachusetts

Rapides Bank & Trust Co., Alex¬
andria, for $50,000, as 3s, at a
price of 100.22, and J. G. Hickman

000

offered

notes

awarded

to

18

Aug.

was

Halsey, Stuart & Co.

Inc., New York, at 0.90% interest,
a
premium of $101.
Only
other bid of 1.05% was made by
the

First

and

Boston. Corp.

Chemical

Bank

from

3s,

as

1950

to

due

Secretary

ex¬

Series

provement,

bonds.

registered

F

coupon

Dated

1949.

Denomination $1,600.

Sept.

1,

1,

Due

vided

$155;000 in
1953, $163,000 in
1955, $172,000 in
1957, $180,000 in
195.9, $189,000 in
1961, $199,000 in

1952, $160,000 in

1954, $168,000 in

1956, $176,000 in
1958, $185,000 in

Parish

Additional

School

as

$1,800,000

Calvin

bonds.

Due

$2,000

Sch,

Bank

Trust

&

New

York,
at
0.79%
Sept.
13, 1949.
March 17, 1950.
./,

Dist.

July 1,
from 1951

on

as

inclusive, and $3,000 in
and

Co.,

1964.

on

Sale

—

—

terest

after upon payment of the
par
value thereof and accrued interest
the

to

date

fixed

(J-J) payable at the office
Parish
School
Board

highest bidder

was Merchants Na¬
tional Bank, of Boston, at 1.04%.

the

of

Treasurer, or at ; a bank to be
specified by the purchaser.
The
approving opinion of Chapman &
Cutler, of Chicago, will be fur¬
nished by the Parish School

for redemption

ders

of

to

bonds, plus

a

premium of

Sale

the

name

of

rate

(M-S)

payable

Bridgeton, Maine

the

at

Bond

State Treasurer's office, or at the
fiscal agency of the State in New
York

City,

school

at

The

the purchaser without cost. A

tified

check

for

2%

of

cer¬

the

par

value of the bonds, payable to the

Board, is required.
New

Orleans

Montague Housing Authority,

notes

were

awarded

Bank

&

Authority,

Note

,

the

Offering—A Lyle Cole¬
Chairman, will receive seal¬
until

A.M.

11

(EST) on
Aug. 25 for the purchase of $287,000 2nd Series notes. Dated Sept.
6, 1949. Due on Aug. 15, 1950.
Principal and interest payable at
the Second National Bank of Bos¬
ton.

The

sey

Associates, at 0.79% interest.

Dated

Sept.

13,

1949.

Due

on

March 17, 1950.
v

Opelousas, La.

t.;..'

.

Bond Sale—The

i

Co.

$600,000 water

City,

at

Note Sale—The $240.0001st series
notes offered

Aug. 4

awarded
to the National Shawmut Bank, of
Boston, at 0.79% interest, plus a
premium of $2.50.
The second
highest bidder was Second Na¬
were

awarded to

as

2%s.

113,000

;

as

from

2%s.

1955 to

Due

on

Note

Sale—The

on

Dated Sept. 1, 1949.

highest
Brown
&

Smith;

Dated

1

Bros.

&

Hutzler, and Second Na¬
tional
Bank, Boston, jointly, at
0.82% interest, plus a premium of

The second

was
Newman, $20.
Co.; Nusloch, Baudean

Weil

&

-

company

10,000 Ruby-Wise Sch. Dist. No.

.

56
„

bonds,

as

3s, at

100.55.




a

price of

purchaser

proposal.

designated

Legality

approved

Morgan

Trust

Bros.

&

Co.,

Co.

&

of $8.

National

Marblehead

Bank,

of

interest,

Housing

Sept.

1,

1949.

Sept.

1 from

1950 to

interest school

bonds.

to

as

build¬

Dated

Aug. 1,
$1,000. Due

Denomination

April 1,

follows: $4,000 in 1950

1955,

$5,000 in 1956 to 1963,
$6,000 in 1964.
The bonds
be redeemed at the option

and
may

of the District in inverse numeri¬

cal order
date

on

on

interest payment

any

after April

or

1, 1957, at

and accrued interest to the
date fixed for redemption, plus a
par

deemed
bond

for

each bond so re¬
follows: $20 on each

as

called for redemption

prior

April 1, 1959, $15 on each bond
called for redemption on or after

April 1, 1959, but prior to April 1,
1961, $5 on each bond called for
redemption on or after April 1,

1961, but prior to April 1, 1963.
premium shall be paid oh

No

bonds called for redemption on or
after

April
the

name

1,

1963.

Bidders to
interest, ex¬
multiple of *4 of

rate

of

pressed in a
1%. Principal and interest (A-O)
payable at a bank or trust com¬

to be designated by the pur¬
The approving opinion of
purchaser's attorney will be

pany

chaser.
the

furnished

at the expense of the
purchaser. A certified check for
$1,000, payable to the District

plus

a

-

Note Sale—The $195,000 Second
offered Aug.. 4r—v.

Series, notes

178,

p.

Principal
and
interest
payable at the National Shawmut

Shawmut Bank, of Bos¬
ton, at 0.79% interest. Dated Aug.
15, 1948. Due on April 14, 1950.

by
&

Michigan
Note

of

1.38%,

100.89, a basis
as follows:

$285,000
Sept.

school

Boyce,
will receive
(EST) on
Aug. 22 for the purchase of $63,-

County

about

000

not

on

1968

to

inclusive.

85,000

paving
bonds.
Sept. 1 from 1950

Due
to

on

1954

inclusive.

,

.

Dated

Sept. 1, 1949. The sec¬
ond highest bidder was Bankers
Trust
at

a

Co., New York,
price of 100.47.

for

to

exceed

notes, divided

$33,000

tax

on

u.

-

anticipation

Dated Sept,

»

notes.

1949! Due

„

Feb.

interest

anticipation

tax

Dated Aug. 15,
Feb. 1, 1950.

30,000

4%

follows:

as

r

notes*

15, 1949. Due

on

1, 1950.

Principal and interest payable
at

the

The

County Treasurer's office.

approving

opinion

of

some

market

attorney,
shall be
nished and paid for by the
chaser.

of

A

the

certified

County

check for 2%

payable

notes,

fur¬
pur¬

the

to

Treasurer, is required,
Au Gres,

Bond

v.

Michigan

Offering—Lincoln

Ennis,
receive sealed Y
bids until 8 P.M. (EST) on Aug.
30 for the purchase of $40,000 not
City

to

Clerk,

exceed

works

will

4%

interest

revenue

Dated

March

water

bonds.
Denomina¬

coupon

1,

1949.

tion $1,000. Due Jan. 1, as follows:

in

$1,000
1961

to

1953

1967,

1973.

1960, $2,000 in
$3,000 in 1968

to

and

Bonds

maturing in 1967
1973, shall be subject to re¬
demption at the option of the
City in inverse numerical order
on Jan.
1, 1957, or on any inter¬
est
payment date thereafter at
par and accrued interest plus pre-*
t6

Due

1950

Treasury,

sealed bids until 2 P.M.

to

bonds.

from

1

of

Offering—James

IVzS,
-

Stoneham Housing Authority,
Massachusetts
Note Sale
The $100,000 1st
—

mium

as

follows: As to each bond

called for
to Jan.

redemption

on

or

1, 1962, $25.00. As to each
redemption there-*

after, but on or prior to Jan. 1)
1967, $15.00. No premium shall be
paid on bonds called for redemp*
tion

after' Jan.

1,

1967.

Bidders

to

Safe

awarded to the National Shawmut

pressed in a multiple of Y4 of 1%*.

Bank, of Boston, at 0.81%;
The
highest bidder was Bank¬

The

at

0.81% interest.

second

Medford, Mass.
♦

Bond

Offering—Ralph W. Wat¬
will receive
sealed bids until 11 A.M.
(DST)
son,

City Treasurer,

ers

Trust

Co.,

Morgan & Co.
National Bank,

New

J.

York,

Inc.

and

P.

Second

Boston, jointly, at

0.86%.
.

.

r

t.

"}

■*

«

bond called for

Series notes offered Aug. 4 were

highest bidder, Boston
Deposit & Trust Co., Boston,

*

prior

The second

as

-

price

443—were awarded to the

National

Allegan County (Pa O. Allegan)*

in¬

1959

clusive.

New

Authority,

Massachusetts

his

in

Caldwell, Marshall, Trimble
Mitchell, of New York City.

Salomon

York, at 0.84%
premium of $17.

*

•

on

"

■.

the

4%

coupon

Denomination $1,000. Due $15,000

about

'

.

dated

are

Boston.

der, Peabody & Co., and Harriman
Ripley & Co., Inc., jointly, as l^s,
at a price of
100.11, a basis of

P.

Bankers

Chase

'

of par.

Bonds

of

New

J.

Boston, jointly, at 0.84%, plus a
premium of $40. Dated Aug. 8,
1949. Due on Aug. 8, 1950. The
second
highest bidder was the

—

.

price of 101.30.

Bank

1.23%, Dated Sept. 1, 1949.
Due on Sept. 1 from 1950 to 1959
Housing Authority, Mass.
inclusive.
Note Sale—The
$2,475,000 Sec¬
ond Series notes offered Aug. 11—
Salem, Mass.
Bond Sale—The $370,000 bonds
v.
170, p. 539—were awarded to
J. P. Morgan & Co., Inc., Bank¬ offered Aug. 16—v. 170, p. 640—
were
awarded to Halsey, Stuart
ers
Trust
Co.,
Salomon
Bros.
& Co., and Harriman
& Hutzler, all of New
Ripley &
York, and
the
Second
National
Bank,
of Co., Inc., jointly, as IV2S, at a

Lamar &

«*■?

a

National

Lawrence

Aug. 22,

& Arnold; R. S. Attlehoro Housing Authority, Mass.
Co.; G. Price Crane;
Note Sale
The $100,000 1st
Kingston, and Schweick- Series notes offered
Aug. 11 were
ardt, Landry &»Co., jointly, for awarded to the
National Shawmut
$134,000 as 3%s; $113,000 as 2V2s,
Bank, of Boston, at 0.80% interest,
and $353,000 as
2%s, at a price of plus a premium of
$1.25.
The
100.004, a basis of about 2.77%.
second highest bidder was J. P.
Morgan & Co., Inc., Bankers Trust
Rapides Parish Sch. Dists (P. O.
Alexandria), La.
'< > Co., New York, Salomon Bros. &
Hutzler*,r- and
Second -National
Bend Sale—The
$60,000 bonds
Bank, Boston, jointly, at * 0.84%,
"offered Aug. 9—v.
170, p. 251—
plus a premium of $4,
were
awarded to the
Guaranty
Dated Aug. 22, .1949^ Due- on
JBank of Alexandria, as
follows:;;
Aug./22, 1950. Principal and in¬
$50,000 Big Island Sch. Dist. No. terest
payable at such, incorpo¬
50
bonds, as 2%s, at a price rated bank or trust
Hecht

First

mium

$1,450,000 Sec¬

Due on Aug. 22, 1950. The
highest bidder was J. P.
Morgan
&
Co.,
Inc.,
Bankers
Trust Co., of New
York, Salomon

bidder
&

The

Housing Authority, Mass.

was

York,

1949.,

Sept. 1

as 23/4S.
Due on Sept.
from 1958 to 1965 inclusive.

inclusive.

$100,000 library
coupon bonds offered Aug. 17—v.
170, p. 640—were awarded to Kid¬

Inc.,

second

1957 inclusive.

353,000

■

premium of $12.

Sept. 1

1954 inclusive.

Due

1965

Burr, for 2s, at

bidder

'

;

on Aug. 30
$70,000 not to

Treasurer, is required.

Hutzler,
and Second National Bank, Bos¬
ton, jointly, at 0.84%, plus a pre¬

Inc., and the Second National

Corp. and Scharff & Jones, of ond Series notes offered Aug. 11—
New Orleans,
jointly, at a price of v. 170, p. 539—were awarded to
100.007, a basis of about 2.71%, as the National Shawmut Bank, of
follows:
Boston, at 0.80% interest, plus a
from 1951 to

to

highest

ties

$134,000

1950

Note Sale—The $445,000 1st Se¬

Trust

jointly.

(EST)

—

0.75%.

Haverhill

Arlington Housing Authority, Mass.

170,
p.
443—were
the Equitable Securi¬

P.M.

to

Housing Authority,

Massachusetts

0.78%

Bank of Boston,

16—v.

7

North Andover

second highest bidder was Coffin

&

and electric revenue bonds offered

Aug.

until

premium

$7..

from

Sale—The

Bessemer

Bond Offering—John
Adrianse,
Secretary of the Board of Educa¬
tion,
will
receive
sealed
bids

approving opinion of
Sullivan, Donovan & Heenehan,
of New York City, will be fur¬
nished by the Authority.

Co., of Jer¬ ries notes offered
Aug. 11—v. 170,
interest, plus p. 539—were awarded to the Na¬ Bank, of Boston.
Legality ap¬
a premium of $12. Dated
proved
by
Storey,
Aug. 29, tional Shawmut
Thorndike,
Bank, of Boston,
1949 and due on
Palmer & Dodge, of Boston.
July 18, 1950. at 0.84%, plus a
premium of $9.
Second high bid of 0.80%,
plus Dated
Aug. 22, 1949. Due on Aug.
Reading, Massr
$16, v/as made by J. P. Morgan &
22,
1950.
The
second
Bond Sale—The

Chemical

Trust Co., of New York,

Township School District
(P.O. 7641 Fase Street,
Ada), Michigan

1

1949.

Note

bids

V

on

$285,000 first
series
notes
offered
Aug.
18—
v.
170, p. 640—were awarded to

$3,181,000 31st
offered
Aug.* 16— the
to

awarded

Arneshury Housing Authority,

;

Sale—The

Series

and

^

was

Ada
No.

ing

Massachusetts

man,

Dated Jan.

Jan. 1 from 1950

on

MICHIGAN

exceed

Quincy, Mass.

Massachusetts

Housing

Louisiana
Note

;

,

bonds

of

issue of $70,000

Due

for the purchase of

Bond Sale—The $150,000 public
Grafton, Mass.
Note Sale—The $48,000 fire sta¬
Aug. 11 to Smith & Co., of Waterparking bonds offered Aug. 18—
ville, as 2s, at a price of 100.51, tion loan coupon notes offered v. 170, p. 640—were awarded to
a
basis
of
about
1.90 J %.
Due Aug. 17—v. 170, p. 640—were Lee Higginson Corp., and Blair &
$7,000 annually on Sept. 1 from awarded to Robert Hawkins & Co., Inc., jointly, as lVzS, at a
1950 to 1959 inclusive.
Co., of Boston, as l%s, at a price price of 101.26, a basis of about
of 100.41, a basis of about 1.69%.
1.262%.
Second
h i g h
bid
of
MASSACHUSETTS
Dated Sept. 1, 1949. Due on Sept. 1
101,128 for \VzS was made by

the option of the
approving opinion of
Wood, King & Dawson, of New
York City, will be furnished to

holder.

Sale—An

1, 1949.

inter¬

est, expressed in a multiple of Vi
of 1%. The approving opinion of
Storey, Thorndike, Palmer &
Dodge, of Boston, will be fur¬

|,i

interest

basis of about 1.94%.

a

to 1979 inclusive.

in Boston. Bid¬

Boston,

Franklin
Note

16—v. 170, p. 640—
to Paine, Webber,
Curtis,
and
Robert
Hawkins & Co., both of Boston,
jointly, as 2s, at a price of 100.53,
&

1, 1949. Denomina¬

Housing Authority, Mass. tional Bank, Boston, 0.81%, plus
The $300,000 1st a premium of $1.
2% of the par value thereof. If
Series notes offered Aug. 11—v.
Norton, Mass.
Jess than all of the bonds of a
170, p. 539—were awarded to the
Note Sale—An issue of $20,single maturity are called for re¬
Board.
A certified check for 2% National Shawmut Bank, of Bos¬ 000 tax
anticipation notes was
demption, the bonds of such ma¬
of the amount of bonds bids for, ton, at 0.80% interest, plus a pre¬ awarded on
Aug. 15 to the Mer¬
turity shall be called for redemp¬
mium of $2.75.
Dated Aug. 22, chants National Bank of
payable
to
the- Parish
School
Boston,
tion in inverse numerical order.
1949.
Due on Aug. 22, 1950. The
at 0.68%
Treasurer, is required.
discount. Due Dec. 20,
Bidders to name the rate of in¬
second highest bidder was Chase
1949. The First National Bank of
terest, expressed in a multiple of
National
Bank, New York, at
MAINE
Mansfield, second high* bidder,
Vi or 1/10 of 1%.
Principal and
0.84%
interest, plus a premium named a rate of
of said

Aug.

awarded

were

Jackson

payable at the National Shawmut

ed

80,000 Dodson Sch. Dist. bonds. 640
were
awarded to R. W.
Due on July 1, as follows; $3,- Pressprich & Co., of New
York, as
000 in 1951; $4,000 from 1952 lj4s, at a
price of 100.26, a basis
600 in 1968.
The bonds maturing
to 1954 inclusive; $5,000 from of about 1.13%.
Dated Aug. 1,
Sept. 1, 1955, and thereafter shall
1955 to 1959 inclusive; $6,000
1949.
Due on Aug. 1 from 1950
l>e redeemable by the
State, at the
from 1960 to 1962 inclusive; to 1953 inclusive.
option
of
the
State
Board
of
$7,000 in 1963 and 1964, and
Note Sale—The $300,000 notes
liquidation of the State Debt, in
$8,000 in 1965.
offered Aug. 12 were awarded to
whole, or in.part in inverse order
Dated July 1, 1949. Denomina¬ the National Shawmut
of maturity on Sept. 1,
Bank, of.
1.954, or on
tion
$1,000. Principal
and
in¬ Boston, at 0.97%.
The second
any interest payment date there¬

t.->

Dated Sept.

Bank

$200,000 sewage
loan, Acts of 1948 bonds

1959.

of
.

inclusive,

offered

tion $1,000. Principal and interest

interest.
Due

1957

nished the purchaser.

same

Chelsea, Mass.
The $170,000 mu¬
nicipal relief loan, Act of 1949
bonds offered Aug. 16—v. 170, p.
Bond

to

1962
1963

on

to

$17,000 in 1958 and 1959.
surface drainage bonds.
Due on Sept. 1, as follows:
$18,000 from 1950 to 1957 in¬
clusive, and $17,000 in 1958

awarded to the Central

were

Dated

follows:

1960, $195,000 in
1962, $205,000 in 1963, $210,000 in
1964, $215,000 in 1965, $220,000 in
1966, $227,000 in 1967, and $232,-

date

Hanover

follows:

$30,000 New

Sale—The

95th Series notes offered

receive sealed bids
until 10 a.m. (CST) on Sept. 3
for the purchase of $110,000 not
to exceed 4% interest bonds, di¬

follows:

as

the

will

Board,

or

Sept.

of

1950

and

and

Bond Sale—The
treatment

bonds.
Due
on
follows: $18,000

178,000

on

interest institutional im¬

5%

from

1954

purchase of $3,251,000 not to
ceed

*

23

$178,000
street
Sept. 1, as

the
Co.,

Trust

&

offered Aug. 16—were awarded to
jointly.
Aug. 1
the Chemical Bank & Trust Co.,
Notes are dated Aug. 23, 1949.
inclusive, of New
York, and Associates, at Due on Dec.
and $213,000 as 3Y4S, due on
15, 1949.
0.82%, as follows:
Aug. 1 from 1955 to 1974 inBoston
Housing Authority, Mass.
$142,000 15th Series notes.
<v
elusive.
Note Sale—The $7,114,000 95th
96,000 16th Series notes.
Dated Aug. 1, 1949.
Series
notes
offered
Aug. 16—
Dated
Sept. 13, 1949.
Due on were awarded to the Chemical
Louisiana (State of)
Nov. 15, 1950.
Bank & Trust Co., of New York,
Bond Offering:—L. B. Baynard,
Winn Parish Sch. Dists (P. O.
and Associates, at 0.79% interest.
Secretary of the Board of Liquida¬
Dated
Sept.
13,
1949.
Due on
Winnfield), La.
tion, will receive sealed bids until
March 17, 1950.
11 a.m. (CST) on Sept. 14 for the
Bond Offering — R. L.
Terry,

$37,000

{

-

lows:

Taunton, Mass.

for the purchase of
bonds, divided as fol¬

Aug.

plus

notes

Monday, August 22, 1949

$356,000

on

Note Sale—The issue of $5,000,-

Aug. 1
from 1950 to 1954 inclusive, & Co., for $10,000 as 3J/4S, at a
and $254,000 as
3Y4S, due on price of 100.26.
Aug.
1
from
1955
to
1974 Shreveport Housing
Authority, La.

i?
•!

.*

a price of 100.06,
3.23%, as follows:

basis of about

a

COMMERCIAL

name

the

rate

of

interest,

ex-*

approving opinion..of Miller,
Canfield, ■- Paddock :& Stone, of
Detroit, will be furnished by the

District
A
certified; check for
$1,000, payable to the City Treas¬
urer, is required.
.

*

Volume 170

Number 4831

THE

Benton

Harbor, Mich.
Offerings-Earl L. Tidey,

Bond

,

Clerk,

MINNESOTA
Le

receive sealed
bids until 8 P.M. (EST) on Sept.
12 for the purchase of $235,000 not
City

"

will

4%

to exceed

sessment

interest special as¬

bonds.

coupon

Dated

July 1, 1949. Denomination $1,000.
Due on July 1, as follows: $23,000 in 1950 and

1951; $24,000 from
inclusive, and $21,000

1952 to 1958

in 1959. Bidders to

of

the rate

name

interest, expressed in

multi¬

a

y4 of 1%. Principal and
interest (J-J) payable at the City
ple

of

office

Treasurer's

at

or

bank

a

trust

company to be agreed
by the City Commission and
the purchaser. The approving
or

COMMERCIAL & FINANCIAL CHRONICLE

Sueur

Co.,

County, Cleveland Con.

Sch. Dist. No. 2 (P. O. Cleve¬

Aug.

16—v.

awarded

Co.,

of

ates,
a

to

170,
the

1949.

Due

1952

to

ond

highest

1971

Aug.

on

bidder

from

1

inclusive.

The

sec¬

North¬

was

western National

Bank, Minneap¬
Associates, for 2s, at a

olis, and
price of 100.10.

to

p.m.

out

A

check

for

$4,000, payable to the City Treas¬
urer, is required.

Egleston Twp. Sch. Dist. No. 2
(P. O. Hall Road, R. No. 4,
Muskegon), Mich.
Bond

bee,

Offering—Martin

Director,
bids

ed

will

until

receive

€00

not

school

the

to

exceed

bonds.

coupon

bonds

(These

which

for

received

were

interest

4%

bids

no

15.)

Aug.

on

are

Offering

•Beckwith,
ceive

(EST)
chase

Clerk,

bids

Aug.

on

of

quent

22

for

Jan.

1,

interest

Aug.

the

pur¬

anticipation
1949.

Due

Principal

1,

1950.

payable

National

re¬

P.M.

8

and

the Hastings
Hastings.
The

at

Bank,

approving opinion of

some

mar¬

ket

attorney, shall be furnished
by the purchaser at his own ex¬

certified check

A

pense.

for 2%

of the

notes, payable to the City,
is required.

Ironwood,
Bonds
not

Not

to

exceed

utility
bonds

Mich.

Sold

$60,000

interest

3%

mortgage
offered

The

—

Aug.

8—v.

gas

" 1949

revenue

170,

p.

348—were not sold.

years

1961

callable

Sch.

Park

ticipation notes offered Aug. 11—
170, p. 540—were awarded to

v.

Ecorse-Lincoln

the

1.90%

at

,1949.

interest.

Due

Nov.

on

Park

Dated
1

in

Bank,
Aug.

1950

5,

and

1951.

bonds

offered

awarded

the

to

Aug.

will

receive

sealed

Note

Chemical

State

170,

ed

Stranahan,

to

p.

540—were

award¬

Harris & Co.,
Inc., of Toledo, at 1M>% inter¬
est,
plus
a
premium of $104.
Dated Aug. I, 1949. Due on Jan.
15, 1951. The second highest bid¬
* was
Community
National

der

Pontiac,

Bank,

Van Buren

at 2%

interest.

Township, Township
West

School District (P. O. SOI

Columbia Ave., Belleville),

•
,

,

Bonds Not
not

to

Sold

exceed

3%

—

8

Spring Hill (P. O. Route
Regal), Minn.

1,

Offering

Town

—

a

on a

issued

be

bid reflecting

furnished without cost to the pur¬
A certified check for $500,

chaser.

payable to the Town Treasurer, is
required.

the

(P. O. Route 2, Dowagiac),
Michigan
Bond Sale—The $20,000 build¬

ing bonds offered Aug. 15—v. 170,
p. 641 — were awarded to the
Channer Securities Co., of Chi¬
Dated Aug. 15, 1949. Due on
1 from 1950 to 1956 in¬

clusive.




time

sec¬

Board.
sold

are

issue

single

into several

at

bond

bonds

of

may
or

the

as

determine
sale,

both

principal and interest to be

pay¬

able

in

semi-annual

installments

period of 20

a

date

of

issue.

If

from

years

serial

bonds

issued and sold they will be in

are

the

amount

of $1,250 each; the
$1,250 will be payable on

of

sum

1,

the

on

after

zation

able

1950, and a like amount
day each year there¬

same

until

or

in

all

of

such

bonds

are

serial, will be redeem¬

full

on any
interest pay¬
ment date from and after 10
years
from the date of issue. A certified

Certificate
street

Sale

—

The

Aug.

8—v.

awarded

Were

Willmar,

the

to

Bank

First

the

and

of

Security

National Bank, of Willmar, jointly,

2s, at a price of
Aug. 15, 1949.
Due
as

Dated
Aug. 15

par.
on

1953 inclusive.

MISSISSIPPI
Alcorn

County, Chambers Creek
Drain Dist.
(P. O. Corinth)

awarded

were

of

bonds

Corinth, at

a

$12,000
6%
offered Aug. 13
to I; E. Johnson,
price of par.

Meridian Housing

Authority, Miss.
$329,000 11th
Series notes offered Aug. 16 were
Sale—The

Note

awarded to the Chemical Bank &
Trust

Co., of New York, and As¬
sociates, at 0.82% interest, plus a
premium of $3. Dated Sept. 13,
1949.

Due

on

Nov. 15, 1950.

offered

Aug.

Dated

Sept. 13,
March 17, 1950.

1949.

Due

on

Springfield School District, Mo.
Bond
Sale
The $1 million
1%% school bonds offered Aug.
170,

p.

444—were awarded

to the Mercantile-Commerce Bank

&

Trust

Harriman

jointly, at
of

about

1949. Due
1964
est

Co.,

of

St.

Louis, and
Ripley & Co., Inc.,
a price of 103.93, a basis
1.27%. Dated Aug.
1,
on Aug. 1 from 1951 to

inclusive.

bidder

Burr, pf Boston, as 1.40s, at a
price of 100.28, a basis of about
1.345%. Dated July 1, 1949 and
due $10,000 on July 1 from 1950 to
1959 inclusive. Second high bid
100.736 for

of

was

The
J.

second

P.

high¬
Morgan &

iy2s

made

was

by

Lavallette, New Jersey
Bond

Offering

Homer,

Borough

sealed

ceive

(DST)

bids

Gordon

—

Clerk, will
until

D.
re¬

P.M.

7:30

170, p. 445—
syndicate com¬

multiple of Va or 1/20 of 1%.
approving opinion o? Cald¬
well, Marshall, Trimble & Mit¬
chell of New York City, will t>e
furnished to the purchaser with¬
a

York, Trust Co. of Georgia, of
Atlanta, American National Bank
&
Trust
Co., of
Chicago, and
G. C. Haas & Co., of New York,
as
1.60s, at a price of 100.57, a
basis of about 1.51%. Dated Sept.
1, 1949. Due on Sept. 1 from 1950
1969 inclusive.

Sept. 2 for the purchase

on

$11,000 not to exceed 6% inter¬
fire
engine 1949
registered
bonds. Dated Aug. 1,
1949. De¬
nomination $1,000. Due on Aug. 1,
as follows: $3,000 in 1950, and $2,from

000

1951

to.

1954

Sch. Dist. No. 1
(P. O. Deer Lodge), Mont.

pay¬

able at the First National Bank of

Toms River. Bidders to name the
of

rate

interest, expressed in a
multiple of 1/8 or 1/20 of 1%. The
approving opinion of Percy Camp,
of Toms River, will be furnished
the

to

purchaser. A certified
$220,/ payable to the

for

New

Social

Jersey (State of)
Study Issue d—

Debt

Ira

HauptV & " Co.,

the

New

York

members

Book

—

Frank

Shaw,

their

for

New

The

Bonds.

Statistical

Jersey

twenty

booklet

contains

revised

debt

an

-

of

6%

bonds. Dated July 1, 1949. Amor¬
tization bonds will be the first

Municipal

statements

of

ap¬

proximately three hundred New
Jersey municipalities with popu¬
lation figures, tax rates, tax col¬
lections 1945 through
1948, and
amount

of

foreclosed

prop¬

erty held by the individual mu¬

nicipalities

as

December

of

31,

1948.

Jr.,

N. J.
Offering—Harry J. Graff,

District

Clerk,

will

sealed bids until 8 p.m.

receive

(DST) on

choice and serial bonds the second

Aug. 25 for the purchase of $210,000
not to exceed
6% interest

choice

school coupon or registered bonds.

the

of

eral

bonds

tees

may

School

bonds

are

Board.
sold

If

and

be put into one
divided into sev¬

may
or
as

the Board of Trus¬

determine

upon at the
sale, both principal and
to be payable in semi¬
annual installments during a pe¬
riod of 20 years from the date

time

of

interest

of

issue.

If

serial

bonds

are

is¬

sued and sold

they will be in the
amount of $1,000 each; the sum
of $15,000 will become payable on
July 1, 1950, and the sum of $14,000

will become

re¬

1

•

236,000 not to exceed 6% interest
school bonds.
Dated Aug. 1, 1949.
Denomination $1,000. Due on Aug.
1, as follows: $60,000 from 1951 to
1970
inclusive, and
$36,000 in
1971: Principal and interest (F-A)

payable on July
1, 1951; and the sum of $12,000
will become payable on the same
day each year thereafter until all
of
such
bonds
are
paid. The
bonds, whether amortization or
serial, will be redeemable in full
on
any
interest
payment date
from and after 10 years from the

Dated

Borough

will

Treasurer,

(DST) on Sept. 7 for the purchase
$155,000 not to exceed 6% in¬

of

registered bonds,

terest coupon or
divided

as

$60,000

follows:

1949 bonds. Due $3,-

sewer

000

Sept. 15 from 1950 in-

on

i;

elusive.

July 1, 1949. Denomination

1968 inclusive.

Dated

Sept.""! 5] 1949. Denomi¬

nation $1,000. Principal and inter¬

First
Bid¬
interest,
expressed in a multiple of %
or
1/20 of
1%. The approving
est

(M-S) payable at the
Bank, Sayreville.

National

ders to name the rate of

of
Caldwell, Marshall,
Mitchell, of New York

opinion

Trimble &

City, will be furnished to the pur¬
without cost. A certified

check

of the

for 2%

bonds, pay¬

Borough Treasurer, is

able to the

required.

^

n

Plainfield Sch.

South

V

Sale—The $300,000

Bond

bonds offered Aug. 16.—v.
541—were

N. J.

Dist,,

awarded to

B.

school
170, p.
J. Van

Ingen & Co., and Ira Haupt & Co.,
of

both

New

York,

jointly,

as

2V2S, at a price of 100.20, a ba$is
of about 2.47%.
Dated Aug. 1,
on Aug, 1 from 1951 to
inclusive. The second high¬

1949. Due
1965

bidder

est

was

* Boland,

Saffin &

Co., and MacBride, Miller & Co.,
jointly, for $299,000 as 2.60s, at a
price of 100.36.
r
3

Bond

bonds
p.

Wanaque, N. J.
$36,000 water
offered Aug. * 10—v. 170,
Sale —The

541—were awarded to the

National

13/4s,

as

Bank

at

a

basis of about 1.72%.
to

Dated Sept.

Due on Sept. 1 from

1, 1949.

First

Bloomingdaie,
price of 100.12, a
of

1950

1958 inclusive.

Due on July 1, as fol¬
lows: $15,000 from 1950 to 1955
Weehawken Township (P. O*
inclusive; $16,000 in 1956; $20,000
Weehawken), N. J.
;
*
from 1957 to 1961, and $4,000 in
Bond Offering—Leo P. Carroll,
1962. Principal and interest (J-J) Township Clerk, will receive
payable
at the First National sealed bids until 11 a.m. (DST) on
Bank, Oradell. Bidders to name Sept. 1 for the purchase of $93,000
the rate of interest, expressed in not to exceed 6% interest coupon
a
multiple of Vs or 1/20 of 1%. or registered bonds, divided as
The approving opinion of Haw¬ follows:
$1,000.

kins, Delafield & Wood of New $44,000 fire apparatus bonds. Dues
York City, will be furnished to
on Sept. 15, as follows: $8,000,
the purchaser.
A certified check
in 1950, and $9,000 from 1951
for $4,200, payable to the Board
to 1954 inclusive.
of Education, is required.
49,000 sewer bonds. Due on Sept,
15, as follows: $2,000 from
North Brunswick Twp. (P. O.
1950
to
1960 inclusive, and
R. F. D. No.
.

14, New

Bond

Brunswick), N. J.
Offering—Russell D. Van

Sickle, Township Treasurer/ will
receive

sealed

bids

until

8

p.m.

(DST) on Sept. 6 for the purchase
date of issue. A certified check of $30,000 not to exceed 6% in¬
for $1,000, payable to the above i terest water coupon or registered
Clerk, is required.
I bonds. Dated Aug. 1, 1949. De-

.

95,000 water 1949 bonds. Due $5;000 on Sept. 1 from 1950 to

New Milford Sch. Dist.,

of $245,000
interest school

purchase

exceed

to the Township, is

Passaic, N. J.
Offering — Anthony C.
Martini, City Clerk, will receive
sealed bids until 2 p.m. (EST) on
Aug. 30 for the purchase of $1,-

Hand

four
page
analysis of

Bond

to

tor

Stock

15
not

check

chaser

District Clerk, will receive sealed
bids until 8 P.M. (CST) on Sept.
the

certified

Bond

inclusive.)
!

Principal and interest (F-A)

the

Powell County

for

A

cost.

out

2% of the par value of the bonds,

est

of

Co., both of New

Offering

name

The

of

tion

Bond

Bidders to

interest, expressed in

receive sealed bids until 7:30 P.M.

have

&

of

Weber,

NEW JERSEY

C. J.

Devine

the rate

payable at the Peoples Bank &
Trust
Co., Passaic.
Bidders to
name
the rate of interest, ex¬
Nashua, N. H.
Note Sale—The $200,000 notes pressed in a multiple of Va or 1/20
offered Aug. 16—v. 170, p. 641— of 1%.
The approving opinion of
were awarded to the
Second Na¬ Hawkins, Delafield & Wood, of
tional Bank, of Boston, at 0.84% New York City, will be furnished
discount.
Dated
Aug.
16, 1949. to the purchaser. A certified check
Due on Dec. 30, 1949. The second for $24,720, payable to the City,
highest bidder was Indian Head is required.
National Bank, Nashua, at 0.85%
Sayreville, New Jersey
discount.
Bond Offering — Joseph J.

Borough, is required.

15—v.
a

Bank of Millton.

Hawkins & Co.

Robert

posed of the Chase National Bank,

they
single bond

Louis

15—v.

NEW HAMPSHIRE
Claremont, New Hampshire
Bond Sale—The $100,000 sewer
bonds offered Aug.
17—v. 170,
p. 641—were awarded to Coffin &

check

(State of)

awarded to

nomination $1,000. Due $3,000 on
Aug. 1 from 1950 to 1959 inclu¬
sive. Principal and interest (F-A)
payable
at the
First National

payable
quired.

Exchange,
prepared the sixteenth edi¬

were

amortization

MISSOURI
St.

Commissioners.

Land

Bond Sale—The $5 million Uni¬
versity of Montana building bonds

Sale—The

Bond

of

July 1, 1949.
Montana

to

drainage

349—were awarded to the State

$37,000

certificates
170, p. 540—

improvement

offered

p.

Board

authorized at the elec¬

tion held of Aug. 2.

t

Bond Sale—The $15,800 build¬
ing bonds offered Aug. 10—v. 170,

Dated

Minn.

—

Wayne Twp. Sch. Dist. No. 4

entire

one

were

first

the

School

bonds

the

into

put

divided

the

:

The $750,000

net interest cost of about 2.17%.

April

amortization

and

be

bonds

the

of

issued

Dated Aug. 1, 1949. Due on Aug. 1
from 1950 to 1972 inclusive.

cago.

If

will

serial

choice

bonds

Norbert

,

Harbor,

ond

bonds

and

school bonds has been sold. These

Clerk,

Housing Authority, Mo.
bonds were not sold as no bids ': Note Sale—The $6,922,000 notes
were received.
••
offered Aug. 16 were awarded to
j
the Chemical Bank & Trust Co.,
Watervliet, Mich.
of New York, and Associates, at
Bond Sale—The $35,000 general
0.79% interest, as follows:
obligation bonds offered Aug. 16
$6,358,000 42nd Series notes.
-—v. 170, p. 641—were awarded to
564,000 43rd Series notes.
the
Berrien
Securities, Inc., of
Benton

tization

building

check for $2,500, payable to the
Wal¬
will receive Clerk, is required.
sealed bids until 9 a.m. (CST) on
Denton, Mont.
Sept. 1 for the purchase of $25,000
Bond Sale—The $65,000 water
road bonds.
Dated July 1, 1949.
supply bonds offered Aug. 12—
Denomination $1,000. Due on July
v.
170, p. 444—were awarded to
1, as follows:
$2,000 from 1952
the Farmers State Bank, of Derito
1962 inclusive, and $3,000 in
ton, as 2V2s, at a price of 100.15.
1963.
Principal and interest pay¬
Dated July 1, 1949.
The second
able at any suitable bank or trust
highest bidder was State Board of
company designated by the pur¬
Land and Investments, for 2V2s, at
chaser. Bidders to name the rate
a price of par/
u—
of interest, expressed in a multi¬
ple of y4 or l/10th of 1%. The
Flathead County School District
approving opinion of Faegre &
No. 50 (P. O. Route 1A,
Benson, of Minneapolis, will be
Kali spell), Mont.
Bond

dorf,

Page School District, Neb.
$15,000

Bonds Sold—An issue of

53

1, 1949. Amor¬

paid. The bonds, whether amorti¬

•

interest school

interest

6%

15, 1949.
Due on Sept. 15, as fol¬
lows: $4,000 in 1951 and 1952, and
$3,000 from 1953 to 1960 inclusive.

Michigan

,

until

Mississippi

tax
Aug.

offered

exceed

bonds. Dated June

June

2y2s.

as

to

(CST) on Aug. 29 for the
purchase
of
<$32,000
sanitary
sewer system bonds.
Dated Sept.

were

notes

bids

p.m.

Sch. Dist., Mich.
Sale — The
$225,000

10—v.

at

Falls, Minn.
Bond Offering—The City Clerk

Pontiac

anticipation

1954

school

15

Savings Bank, of Midland,

in

subse¬

Little

from 1950 to

Midland, Mich.
Bond Sale—The $14,000

for the purchase of $25,000 not

9

the

Mich.

Dist.,

Sale—The $36,000 tax an¬

Note

District Clerk, will receive sealed
bids until 8 P.M. (MST) on Sept.

during

Will mar,
Lincoln

and

103.

C.

will

until

$25,000 tax

Dated

notes.
on

City

sealed

Franklin

—

bonds due in

inclusive;

electric system improvement and
refunding bonds.

Harlem), Mont.
Gwaltney,

upon

on

of

„

Bond Offering—R. J.

Board of Trustees may

Hastings, Mich.
Note

Harlem High
(P. O.

District

Feb. 1 from 1951 to 1967

seal¬

(EST) on
Aug." 25 for the purchase of $15,-

County,

Loup River Power Dist. (P. O.
Columbus), Neb.
Bond Offering —The District

will receive sealed bids until Sept.
14 for the purchase of $6,000,000

Aug. 31 for the
$20,000
fire
hall
bonds. Dated Aug. 1, 1949. Due on

Lara-

P.M.

8

(CST)

purchase

all

-

103.42.

School

choice

Lindstrom, Minn.
Offering—The City Clerk

Bond

Blaine

Minneapolis, and Associ¬
2s, at a price of 100.18,

as

basis of about 1.98%. Dated Aug.

1,

NEBRASKA
\

MONTANA

841—were

p.

furnished

purchaser with¬

price of

Allison-Williams

will receive sealed bids until 7:30

certified

&

ing and equipment bonds offered

opinion of Miller, Canfield, Pad¬
dock & Stone, of Detroit, will be
the

Harris, Hall & Co.,
Cross, and A. Ed¬
Sons & Co., jointly, at
&

Sale—The $100,000 build¬

upon

cost.

wards
a

land), Minn.
Bond

Inc.,

Roosevelt

(737)

$3,000 from 1961 to 1969

inch

Sept. 15, 1949. Denomin¬
ation $1,000. Principal and ihterest
Dated

(M-S)

at the Common¬
Union City/ Bid¬
the rate of interest,

payable

wealth Trust Co.,
ders to name

expressed in a multiple of 1/20
1%.
The approving opinion

of
of

54

(738)

THE

Reed, Hoyt & Washburn, of New

$1,860,

A certified

payable

check

the

to

for

out

registered bonds.
1949.

cost.

Dated July 15,
Due on

A

July 15,

as follows: $1,000 in 1950,
$1,500 from 1951 to 1954 in¬
Principal
and
interest
(J-J) payable at the Rye National

Raton.

/

Bank, Rye.
of

rate

Sykes,

Bond

ceive

Village

sealed

(DST)

YORK

Clerk,

bids

Aug

on

will

until

23

& Galloway, of
City will be furnished

pressed in
of 1%.

of

pirn.
pur¬

interest,

multiple of lk

a

lins & Sons, of New
at

Due

Sept. 1 from 1950 to 1969

on

inclusive.

Liberty,

White Sulphur Springs
(P. O. Liberty),

certified check for

642—were

New

Kauneonga Lake Sewer
District (P. O. Kauneonga
Lake), N. Y.
Earl

—

Reins-

bids

sealed

(EST)

terest

sewer

until

2

construction

registered bonds. Dated
July 1, 1949. Denomination $1,000.
Due $1,000 on July 1 from 1950 to
coupon or

1976 inclusive.

Principal and in¬

terest

(J-J) payable at the Sulli¬
County National Bank, Lib¬
erty. Bidders to name the rate of

van

interest, expressed in
of y4 or 1/10 of 1%.

multiple

a

the purchaser without cost. A cer¬
tified check for $540, payable to

Town, is required.
Com.

School

District

No. 8 (P. O. Box 44, Miller Place),
New York
Bond Offering

Charles Ger-

—

meck, District Clerk, will receive
sealed bids until 2 pin. (DST) on
Sept. 1 for the purchase of $96,000

not

to

building

exceed

5%

interest

or
registered
Sept. 1, 1949. De¬
nomination $1,000.
Due on Sept.
1, as follows: $8,000 in 1950 and
1951, and $10,000 from 1952 to
1959 inclusive.
Principal and in¬

bonds.

terest

of

coupon

Dated

(M-S) payable at the Bank

Northern

Jefferson.
rate

of

Brookhaven,

Bidders

interest,

to

Port

name

about 2.42%.

and

due

expressed

in

a

New York City, will be furnished
to the purchaser.
•

Carmel Water District No. 3 (P.O.

Mahopac), N. Y.

$3,000 from 1950 to 1959 inclusive,
$4,000 front 1960 to 1984 in¬

Little
Bond

will

sealed bids until 1 p.m.

Lyon,

receive

(DST)

on

Aug. 30 for the purchase of $50,-■
not

to

exceed

5%

clusive, and $3,000 from

1961

to

1970

inclusive. Principal and in¬
terest (F-A) payable at the Ma¬
hopac National Bank, Mahopac.
Bidders to name the rate of in¬

%

or

1/10 of 1%.

Heckler

York
the

of
&

$99,000

the Marine Trust
as

iy4s,

Co., of Buffalo,
price of 100.16, a

at

a
basis of about

1.22%. Dated Aug.
15, 1949, Due on Aug. 15 from
i950 to 1959 inclusive. The sec¬

ond

highest bidder was Herkimer
County Trust Co., Herkimer, for
iy4s, at a price of 100.11.

multiple of
The approving
a

Vandewater,
Galloway,

City

of

Sykes,
New

will be furnished
purchaser without cost.

to
A

certified check for $1 000, payable
to the Town, is required.
Harrison (P. O. Harrison), N. Y.
Bond Offering—Alfred F.

Sulla,

Jr., Town Supervisor, will receive
6ealed bids until 3 p.m. (EST) on




ceive

(EST)

New

Note

York

Sale

—

divided

from

1950

The

of

New

Chase

as

registered bonds,

follows:

March 1, as follows: $3,000
1954.

1,

as

receive

1953

to

bids

until

noon

Aug. 24 for the pur¬
chase of $20,000 not to exceed 5%
interest
general
improvement
coupon or registered bonds. Dated
Sept. 1,1949. Denomination $1,000.
Due on Sept. 1, as follows:
$3,000
in

on

1950; $2,000 from 1951 to 1958
and $1,000 in. 1959.
Prin.

incl.

and int. payable at the

National
ders to

of

interest,
multiple of J/4 or

a

1/10 of 1%.
ler

the rate of

in

expressed
ion

Maybrook
Bid¬

Bank, Maybrook.

name

The approving opin¬

&

Vandewater, Sykes, Heck¬

Galloway, of New York
City, will be furnished at the pur¬
chasers.

A

v

certified

$400, payable
required.

to

check

the

for

Village,

is

ham Central

School District No.

2

(P. O. Rushville), N. Y.)
Bond Sale—The $36,000 school
1949 bonds offered Aug.
15—v.
170, p. 642—were awarded to E. H.
&

1.70s, at

a

about

1949.

1.65%.

Due

1951.
was

Sons, of New York, as
price of 100.29, a basis

The

Dated

June 30,

June 30 in 1950 and

on

second

highest bidder

Marine Trust Co., Buffalo, at

1.70s, at

a

price of 100.29.

Mt. Pleasant

,

Union Free Sch. Dist.

No. 9 (P. O.

Pleasantville),

*

New York

Bond

District
26

for

not

to

2

the

p.m.

purchase

exceed

coupon or

July

15,

000.

Due

(EST)

5%

of

on

Aug.

$114,000

interest

school

registered bonds. Dated

1949.
on

Demonination $1,Jan. 15, as follows:

$7,000 in 1951 and 1952, and $10,000

from

Bidders

to

1953

to

name

1962

the

terest, expressed in
y4

a

inclusive.

rate

of

multiple of

1/10 of 1%.
Principal and
interest
(J-J)
payable
at
the
County Trust Co., Pleasantville.
The.

Mount

from 1954 to 1969 inclusive.

approving opinion of Vande¬
water, Sykes, Heckler & Gallo¬
way, of New York City, will be
furnished to the purchaser with¬

Principal

74,000 sewer bonds. Due on Sept.
1, as follows: $4,000 in 1950,
and $5,000 from 1951 to 196*4

on

,

Sept.

$9,000 from

1,

1950

1956

clusive; and $10,000

in

in¬

and

$1,000

inclusive,
on

$36,000 2s, due

1 from 1957 to 1965

and

$500.

642—

p.

1 from 1950 to 1956

Dated Sept. 1, 1949. Denomina¬

tions

170,
the

and

1957

and 1958.

■

to

$50,000 street improvement bonds:
for $14,000 2y4s, due on March

follows:

as

to

16—v.

Equitable
Securities Corp., of Nashville, at
a price of
par, a net interest cosy
of about 2.03%, as follows:

83,000 street improvement bonds.
Due

Aug.

awarded

were

'

inclusive.

Airy, N. C. ':$55 000 bonds

Sale—The

offered

March

inclusiye;

5,000 municipal building bonds
as
2% s. * Due on March 1

Principal

interest

(M-S) payable at
Tarrytown National Bank & Trust

from
i

All

1952

to

the

of

1956

inclusive*

bonds

Sept. 1, 1949. *

/

,

dated

are

'

:

,

NORTH DAKOTA

of 1%. The approving opinion of
Buxton Sch. Dist., N. Dak.
Co.;
$2,795,000,
Bankers
Reed, Hoyt & Washburn, of New
Bond Sale—The $11,000 school
Company; $2,320,000, Bank
York City, will be furnished to the
of the Manhattan
1949 bonds offered Aug. 10 were
Co.; $ ,280 000,
purchaser. A certified check for
awarded to the Bank
Irving Trust Company; $1,500,000,
of North
$4,080, payable to the Village
Corn Exchange Bank Trust
Dakota,
of
Co.;
Bismarck, as 21£s.
The
$1,315,000, The Nfew York Trust Treasurer, is required.
Trust

■

second

Company;

$1,275,000,

National

Bank

and

Trust

Co.; $775,000, Bank of New York

Avenue Bank; $605,000,

and Fifth

The Marine Midland Trust Com¬
pany
of
New
York;
$450,000,
Brooklyn Trust Company; $390,000, Commercial National Bank
and

Trust

the

OHIO
Hamilton

County (P. O.
Cincinnati), Ohio

awarded to the Marine Trust

Co.,
1.60s, at a price of
100.11, a basis of about 1.57%.
Dated June 1, 1949. Due on July

of

Buffalo,

1 from

as

Bond

$1,000,000

relief bonds of¬
15—v. 170, p. 446—

awarded

were

The

—

poor

fered-Aug.

highest bidder was J. G.
Co., Inc., and Sherwood

White

Sale

emergency

1950 to 1958 inclusive. The

second

highest bidder was
Bonding Co., for 2J/2s.

State

J.

to

A.

White

&

Co., of Cincinnati, as iy4s, at a
price of 100.1313, a basis of about
1.22%.
Dated Sept. 1, 1949.
Due
on Sept.
1 from 1951 to 1959 in¬

&

Co.;

$305,000, United & Co., jointly, for 1.60s, at a price
Company of New of 100.11.
York; $285,000, Sterling National
clusive.
The second highest bid¬
Bank and Trust
NORTH CAROLINA
Company; $255,der was Salomon Bros. &
Hutzler,
000, Empire Trust Company; $120,Reynolds & Co., G. C. Haas & Co.,
Burlington, N. C.
000, Title
Guaranty and Trust
Bond Offering—W. E. Easter- R. D. White & Co., and Wm. C.
Company; $100,000, Kings County
ling, Secretary of the Local Gov¬ Seufferle & Co., jointly, at a price
Trust Company, Brooklyn, N. Y.:
ernment Commission, will receive of 100.131 for iy4s.
$75,000,
Federation
Bank
and
sealed bids at his office in Raleigh,
Trust Company; $70,000, Fulton
Hicksville, Ohio
until 11 A.M. (EST) on Aug. 23
Trust
Bond Sale—The $10,000 water
Company of New York; for
the purchase of $500,000 not
main• "extension bonds offered
$65,000, The Amalgamated Bank to
exceed 6% interest water, Se¬
of New York.
Aug.
13—v.
170, p.
446—were
States

Trust

t

.

ries C coupon bonds. Dated Feb.

New York City
Note

HouQinq Authorjiyt

Sale—The

$2,286,000 24th
Issue notes offered Aug. 16—were
awarded

Bank
at

&

the

to

Central

Trust Co.,

0.79%

Hanover

of New York,

interest,

plus

a

pre¬

mium of $35. Dated Sept.
13, 1949.
Due on March 17, 1950.
Note

VII

Sale—The $1,250,000 issue
offered on Aug. 18—v.

notes

170,

p.

642—were awarded to the

Bessemer

Trust
Co., of Jersey
City, at 0.78% interest, plus a pre¬
mium of $30.
Dated Sept. 1, 1949
and due

on

Niagara,

March 1, 1950.

Belden

District (P. O.

Central

-

Water

2918

bonds offered Aug. 15—v.
170, p.
642—were awarded to the Manu¬
facturers and Traders Trust

Co.,

of

Buffalo, as 2y?s, at a price of
100.52, a basis of about 2.46%.

Dated Aug. 1, 1949. Due on
Aug. 1
from 1950 to 1989 inclusive.

Sale—The

offered Aug.
were

Trust

Co..

to

of New

170,
the

1949.

Due

on

rate

of

name

multiple of 14 of l%. The
ap¬
proving opinion of Mitchell &
Pershing, of New York City, will
be furnished the
purchaser. A cer¬
check for $10,000, payable

tified

unconditionally ; to
Treasurer, is required.

the

State

ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed

bids

at

his

office

in

Ral¬

eigh, until 11 A.M. (EST)

on

Aug.

23

for

not

to

the

purchase

exceed

building

6%

of

$250,000

interest school

coupon

bonds.

Dated

Sept. 1, 1949. Denomination $1,000.
Due

on

March 1,

as

follows: $4,000

in 1952 and 1953:

clusive. Principal and interest

(M-S) payable in New York City.

York, and

the

Dated Aug. 23,

Bidders

to

name

the

terest, expressed in

rate

of

in¬

multiple of
y4 of 1%. The aporoving opinion
of Caldwell, Marshall, Trimble &
Mitchell, of New York City, will
a

the

First

100.15,

Cleveland

iy2s,- at

as

basis

a

1.44%.

a

of

about;
1949. Due

Dated Sept. 1,
Sept. 1 from 1950 to 1954 in-;
elusive. The second highest bid¬
der was J. A. White &
Co., for
iy2s, at a price of 100.07.
on

■

'•

v':

r

cial

/y

Mansfield, Ohio
$144,850

Bond

Sale—The

assessment

Aug,

15—v.

awarded

bonds

170,

to

the

spe¬

offered

351—were
Richland
Trust
p.-

Co., of Mansfield, as iy2s, at a
price of 100.16, a basis of about'
1.44%.

Greenville School Disfrict, N. C.
Bond Offering—W. E. Easter-

642—

Aug. 23, 1950.

price of

a

Guaranty

d.

to

Corp., of Cleveland,

interest, expressed in

notes

Security Trust Co., of Rochester,
jointly, at 0.61% interest, plus a
premium of $3.47.

the

$6,000 from 1954
1956; $7,000 in 1957 and 1958,
and $10,000 from 1959 to 1979 in¬

$340,000

16—v.

awarded

to 1988 inclusive. Bidders to

to

Rochester, N. Y.
Note

awarded

1, 1948. Denomination $1,000. Due
on
Feb.. I. as follows: $4,000 in
1950 and 1951; $10,000 from 1952
to 1955 inclusive.; $8,000 in 1956
and 1957; $9,000 in 1958;
$17,000
in 1959; $15,000 from 1960 to 1983
inclusive, and $10,000 from 1984

Dated

on

Lockport
Road, Niagara Falls), N. Y.
Bond Sale—The
$46,000 (1949)

in¬

or

inclusive.

Trust

Offering—Olga S. Olson,
Clerk, will receive sealed

bids until

1961

Bond

Trust Company; $2,900,000, Chem¬ Company, Tarrytown. Bidders to
name
the rate of interest,
ex¬
ical Bank and Trust
Co.; $2,830,pressed in a multiple of % or 1/10
000, Central Hanover Bank and

New York

Middlesex, Potter, Italy and Gor-

from

Aug.

City. Legality approved by Reed,
Hoyt & Washburn,- of New York

inclusive, and $1,500

Public

sealed

(EST)

to

on Sept.
follows: $1,000 from 1950

Maybrook, N. Y.
Kathryn V.
Connelly, Village Treasurer, will

Aug. 1
inclusive.

dated

28,000 water bonds. Due

Webb
The First
(P. O. Old Forge), N. Y.
National Bank of The City of New
Bond Sale—The $22,150 general
York; .$1,135,000, J. P. Morgan & improvement 1949 bonds offered
Co., Incorporated; $1,015,000, The Aug. 12—v. 170, p. 446—were

—

1

and interest payable in New Yorlc

1950, and $4,000 from 1951

to

ivi;

National Bank of The

1961

are

Aug.

on

1958 inclusive.

on

1, 1949.
Denomination $1,000. Due on Aug.
1, as follows: $2,000 from 1950 to
1957
inclusive and $3,000 from

in¬

in

City j:':
$8,485,000,

City - of New York;
$5,105,000
Guaranty Trust Company of New
York;
$4,380,000, Manu acturers

to

Bonds

1958

National

York;

not to exceed 5%

Due

Due

p.m.

on

are

lows: ':''

'!v/»■■■•

1951.

iy2s.

2s.

a

1959

2

$19,000 fire apparatus bonds. Due

to

dated Aug 12, 1949
and mature as follows:
$20,000,000
payable Oct. 14, 1949 and $30,000,000 payable Oct.
21, 1949.
The
notes, bear an interest rate of
iy4%. The allotment is as fol¬

Bank

9,000

bonds.

City, N. Y.
City Comptroller,

The

until

and
as

from 1952 and

Aug. 29 for the purchase

terest coupon or

Lazarus Joseph has awarded $50,000,000 of tax anticipation notes to
26 banks
and
trust companies.

$9,170,000,

on

of $204,000

1

bids

sealed

Offering

Bond

Dated Aug. 1, 1949. Denomination
$1,000.
Due on Feb. 1, as fol¬
lows: $2,000 from 1951 to 1960 in¬

opinion

Sale—The

Y.

interest

water coupon or registered bonds.

terest, expressed in

Falls, N.

incin¬
erator 1949 bonds offered Aug. 17
—v. 170, p. 642—were awarded to

of

Bond Offering—Arson H.

000

on

and

Rollins

Supervisor,

Dated July 1, 1949
Jan. 1, as follows;

1

A

1950

15,000

Tarrytown, New York
Bond Offering — Catherine P.
McCaul, Village Clerk, will re¬

1958 inclusive. Dated Sept. 1,1949.

the

multiple of % or 1/10 of 1%. The
approving opinion of Vandewater,
Sykes, Heckler & Galloway, of

Town

Roosevelt

to

The approv¬

ing opinion of Vandewater, Sykes,
Heckler
&
Galloway,
of
New
York City, will be furnished to

Brookhaven

awarded

p.

re¬

Aug. 31 for the purchase
of $27,000 not to exceed 5% in¬
system

Aug. 18—v. 170,

Cross, of New York, as 2Vz$,
a price of
101.09, a basis of

p.m.

on

the

&

York

Sale—The $130,000 water

clusive.

hagen, Town Supervisor, will
ceive

Bond

at

Bethel,

inclusive.

Series

March

on

Series

March

on

The notes

Water District

bonds offered

Offering

York, as l%s,

Due

price

a

Due

Lenior, N. C,v

Bond Sale—The $28,000 water
ing 1949 bonds offered Aug. 18—
and sewer bonds offered Aug. 9
v. 170, p. 642—were awarded to J.
G. White & Co., Inc., and Sher¬ were awarded to R. S. Dickson
wood & Co., both of New York, as & Co., of Charlotte, at a price of
2s, at a price of 100.58, a basis of par, a basis of about 1.88%, as
'■
about 1.95%. Dated Sept. 1, 1949. follows:
}
Due on Sept. 1 from 1950 to 1978 $4,000 as 6s. Due on
Aug. 1 in

National

acquisition,

bonds.

400,000 road,

of 100.18, a basis of
about 1.73%.
Dated Sept. 1, 1949.

1/10

quired.

Franklin

cer¬

York

Sale—The $600,000 build¬ ["■'J'V

Bond

$2,325,000

from 1950 to 1969 inclusive.

Bond Sale—The $285,000 school

Delaiield & Wood, of
York"City, will be furnished
to the purchaser without cost.
A

Bond

A

bonds offered Aug. 11—v. 170, p.
541—were awarded to E. H. Rol¬

Hawkins,

to

York,

925,000 land

1

(P. O. 478 Helendale
Road, Irondequoit), N. Y.

The apDroving opinion of

$360,000, pay¬
the Village Clerk, is re¬

The

—

purchaser. A

conditionally to the State Treas¬
urer, is required.

St. Johnsville),

New

March 1 from 1950 to 1969

on

ex¬

or

New

Village, is required.

No.

New

able

$140, payable

heim Central School District

No. 2 (P. O.

Sale

be furnished the

tified check for $5,000, payable un¬

*

$1,000,000 surface drainage
sewer,
Series A bonds. Due

Irondequoit, Union Free Sch. Dist.

3

registered bonds. Dated
July 1, 1949. Denomination $1,000.
Due $1,500 on July 1 from 19501961 inclusive. Principal and in¬
terest (J-J) payable at the Alden
State Bank, Alden.
Bidders to
rate

for

Johnsville, Palatine, Minden,
Oppenheim, Ephratah and Man-

to 1969 inclusive.

coupon or

the

the

to

E.

check

of

Monday, August 22, 1949

St.

Bank, of Franklin Square, and the
Nassau
County
Trust
Co.,
of
Mineola, jointly, as 1.60s, at a
price of 100.27, a basis of about
1.56%, as follows:

re¬

the

for

a

for

bonds offered Aug. 15—v. 170, p.
540—were awarded to Hall & Co.,

the

in

purchaser without cost. A

certified

chase of $18,000 not to exceed 4%
interest water system Serial 1949

name

the

to

Alden, N. Y.
Offering — Christian

name

Heckler

New York

NEW

Bidders to

interest, expressed

multiple of y4 or 1/10 of 1%. The
approving opinion of Vandewater,

City, and Bosworth, Sul¬
jointly, as

livan & Co., of Denver,
2%s and 3s.

Simme,

Bond

clusive.

Bonds Sold—An issue of $270,water
irevenue
bonds
has
been sold to Stern Bros. & Co., of

check

County (P. O.
Mineola), N. Y.

and

000

certified

Nassau

Denomination $500.

NEW MEXICO

Kansas

CHRONICLE

$2 280, payable to the District, is
required. ? '

Township,

Mex.

FINANCIAL

Aug. 29 for the purchase of $7,1

is required.

N.

&

000 not to exceed 5% interest publie playground,
1949 coupon or

York City, will be furnished to the

purchaser.

COMMERCIAL

April 1

to

1959

Sept.

and

1,

1949.

Due

Oct.- 1

from

1950

inclusive.-

Perry, Ohio

-

Bond Sale—The issue of
$40,0005
water
works
bonds
offered
on'

Aug.

17—v. .170,

p.

446—was

awarded to

Hayden, Miller & Co.,
Cleveland, as 2%s, at a price of
101.15, a basis of about 2.352%.

•

of

The bonds
and

are

mature

dated July 15, 1949Dec. 1 from .1950

on

to 1975 inclusive. Second high bid
of 101.77 for 2%s was made

by

Ryan, Sutherland & Co.
'

_

^
Van

•.

Wert, Ohio Offering—John A. Jones,
City Auditor, will receive sealed
bids until noon (EST) on
Aug. 25'
-

Bond

for

the

first
enue

purchase of $850,000 3% mortgage water works rev-!
bonds.

Dated

July

1,

1949.

Denomination
$1,000. Principal
and interest (J-J) payable at the
Ohio Citizens Trust Co., Toledo.

approving opinion of Squire,
Sanders & Dempsey, of Cleveland,
will be furnished to the purchaser
without cost. A certified check for

est

City, is re¬

quired.

-y

;

•

..

District
(P. O. Rainier), Ore. -

Columbia County School
No.

13

will receive sealed
bids until 7 p.m. (PST) on Aug.
26 for the purchase of $200,000
not to exceed 4% interest school
bonds.
Dated July 1, 1948.
Due

District Clerk,

July 1, as follows: $7,000 in 1951,
$7,500 in 1952 and 1953, $8,000 in
1954
and
1955, $8,500 in 1956,
$9,000 in 1957 to 1959, $9,500 in
1960, $10,000 in 1961 and 1962,
$11,000 in 1963 to 1966, $12,000 in
1966, and $13,000 in 1967 to 1970,
provided,
however,
that bonds
which mature on or after July 1,
I960, are subject to call and re¬
demption on any interest paying
date thereafter.
Principal and in¬
(J-D) payable at the Coun¬

terest

ty Treasurer's office, or at the
cal

State,

the

of

agency

at

fis¬
the

qption of the purchasers. The ap¬
proving opinion of Winfree, McCulloch, Shuler & Sayre, of Port¬
land, will be furnished to the pur¬
chaser. A certified check for $10,000 is required.

City
12—v. 170,

Aug.

offered

Fordyce
& Co., of Portland, as 3s, at a
'price of 100.56, a basis of about
447—were awarded to

p.

1,

1949. Due

Sept. 1 from 1952 to 1957 in¬

on

-

Sept.

Dated

2.89%.
clusive.-

670,000

in 1956

tered

v:y. >y yyyy;':,

Jackson County Sch. Dist. No. 9

(P. O. Eagle Point), Ore.
Bond Offering—Beryl Hickson,

payable at the Coun¬
office. A certified
check for $460 is required.
County Sch.

from

1

1950

bonds

542—were awarded to S. K.

Authority, Ore.
$1,475,000 14th
Series notes offered Aug. 16 were
awarded to the Chemical Bank &

burgh, jointly,

Trust

second

Portland

Note

Housing

214 s, at a price
100.36, a basis of about 2.12%.
Dated Sept. 1, 1949. Due on Sept.

Sale—The

the: County
fiscal
agency of the State in New York
City, at the ".option of the pur
.chaser. The approving opinion of
Winfree,
McCulloch, Shuler &
Sayre, of Portland, will be fur¬
nished to the purchaser.
A certi¬
fied check for $1,000 is required i
payable

(A-O)

at

Pa.
Bond Offering—Ruth W. Grace,

Authority,

Housing

Oregon
yy":
$1,475,000 11th
Series notes offered Aug. 16 were
awarded to the Chemical Bank &
Trust

receive
p.m. 1 (DST)
on
Aug. 24 for the purchase of
$40,000
improvement
coupon
bonds.
Dated Sept. 1, 1949.
De¬
nomination $1,000.
Due $4,000 on
Sept. 1 from 1950 to 1959 inclu¬

sociates, at 0.82% interest, plus a
premium of $3. Dated Sept. 13,
1949. Due on Nov. 15, 1950.

Sch.

Dist.,

No.

completion
15—v. 170,
to

National

23

plant

of

Bank,

No. 97J

(P. O. Florence), Ore.

-

Offering

Bond

bids

sealed

ceive

—

Averyl

W.

District Clerk, will re¬

.Jackson,

until

8

p.m.

(PST) on Aug. 26 for the purchase
$70,000 school bonds.
Dated
Sept. 1, 1949.
Denomination $1,-

of

000.

Due

on

March 1, as follows:

$2,000 in 1951, and $4,000 from
1952 to 1968 inclusive. All bonds

,

,

maturing after March 1, 1954 shall
callable in inverse numerical

be

order, at par, on any interest date
after March 1, 1954. Principal and

payable at the office of
the County Treasurer, or at the
.fiscal agency of the State in New
.York City, at the option of the
interest

certified check for
$1,400 is required.
\
.
yiy

.purchaser. A

Lincoln

County, County Sch. Dist.

(P. O. Toledo), Ore.
Bond Offering—Guy M. Buford,
District Clerk,

bids
•

until

will receive sealed
9 for the pur-

Sept.

$1,350,000 not to exceed
interest school bonds. Dated

chase of

,3%

July 1, 1949. Denomination $1,000.
Due $135,000 on Jan. 1 from 1951
to 3960 inclusive.
Principal and
interest
(J-J)
payable
at the
County Treasurer's office, or at
the fiscal agency of the State in
New York City,

at the option of

the purchaser.
The approving
.opinion of Winfree, McCulloch,
Shuler & Sayre, will be furnished
to the purchaser. A certified check

X

wt

County Sch. Dist. No.
O. Albany), Ore.

110

(P.
and
-"r.

:e,

Offering

—

Howard

L.

District Clerk, will receive




son, of Philadelphia, will be de¬
livered free of charge to the pur¬

1951

1954

to

inclusive.

as 2V2S. Due on March
from 1955 to 1959 inclusive.

24,000

1

25,000

3s.

as

from

1960

on March 1
1964 inclusive.

Due
to

Dated

of

2%

A certified check for

chaser.

payable to the Bor¬
ough Treasurer, is required.

of the bonds,

School

Sharon
Bond

O ff eri n g—Harry

A.

Bishop, Secretary of the School
Board, will receive sealed bids
until 7:30 p.m. (DST) on Aug. 29

purchase of $275,000 school
coupon bonds.
Dated Oct. 1, 1949.
Denomination * $1,000.
Due
on

for the

Oct.

1,

follows;

as

$20,000" from

and $15,000
in 1964. Bidders to name the rate
1951 to 4963 inclusive,

.

interest, expressed in a mul¬
of Vs of 1%A certified
check for $5,500, payable to the
District is required.
tiple

Wheeler County,
Dist. (P. O.

bonds
p.

N.

County High Sch.
Fossill), Ore.
$30,000 school
Aug. 15—v. 170,

offered

542—were awarded to the Chas.

Tripp Co., of Portland, as 2%s

and 3s, at a

PUERTO

Authority

price of 100.25. Dated

Aug. 1, 1949. Due on Jan. 1 from
1951 to 1969 inclusive. The second
highest bidder was Blyth &

Co.,

Rico

P uerto

Puerto

Issue

Bond

dicate

headed

Details.

—

A

syn¬

by the First Bos¬

Corp., and B. J. Van In& Co., of New York, jointly,
Yamhill County School District
and including among others, Gov¬
ernment
No. 16 (P. O. Yamhill), Ore.
Development, Bank of
Bond Sale—The $125,000 school Puerto
Rico, of San Juan, Lee
bonds offered Aug. 15—v. 170, p. Higginson
Corp., Union Securi¬
447
were awarded to the First
ties Corp., of New York, A. C.
National Bank, of Portland. Dated Allyn & Co., of Chicago, StranaAug. 1, 1949. Due on Feb. 1 from han, Harris & Co., Inc., of Toledo,
1951 to 1962 inclusive.
Bear, Stearns & Co., of New York,
Blair & Co., Inc., Salomon Bros.
PENNSYLVANIA
& Hutzler, of New York, Welsh,
Allegheny County Authority, Pa. Davis & Co., of Chicago, Thomas
Note Sale—The $3,705,000 35th & Co., of Pittsburgh, and M. B.
Series
notes
offered
Aug.
16 Vick & Co., of Chicago, purchased

at a price of 100.17.

for 3s,

will

tional

ton

gen

Aug.

awarded

Bank

&

the

to

Chemical

Trust Co.,

of New York,
Associates, at 0.79% interest.
Dated
Sept. 13, 1949.
Due on
March 17, 1950.
and

Bethlehem

Housing Authority, Pa.

Sale

Note

—

The

$876,000

9th

$22,700,000 Series 1949
bonds, divided as follows:

an

4%

$255,000 Jan.
and $260,000
July 1. 1955, $265,000 Jan. and
$270,000 July 1, 1956, $285,000
Jan. and $290,000 July 1, 1957,

awarded to The Chemical Bank &

Trust Co., of New York, and

As¬
sociates, at 0.80% interest, plus a
premium of $3.
Dated Sept. 13,
1949.
Due on March 17, 1950.
Blairsville Sch. Dist., Pa.
Bond Sale—The

$50,000 general
obligation bonds offered Aug. 15
—v. 170, p. 447—were awarded to
Schmidt, Poole & Co., of Pitts¬
burgh, as l%s, at a price of 100.19,
a

basis

Sept.

1,

of

about

1949.

1.71%.

Due

on

Dated

Aug.

1

from 1950 to 1969 inclusive.

Conneaut

Lake

Borough
Pa.
Bonds Publicly Offered—John¬
son & Johnson, of
Pittsburgh, are
publicly offering an issue of $145,000 31/4% water works and sewage

system

revenue

bonds.

Dated

,

$295,000 Jan.
and
$300,000
July 1, 1958, $305,000 Jan. and
$310,000 July 1,
1959. Re¬
deemable on any date not ear¬
lier

than

July 1, 1952.
Re¬
in part, after the
redemption of all Term bonds
or
simultaneously therewith
not earlier than Jan. 1, 1954.
deemable

18,500,000 3V2% revenue bonds.
Due on July 1, 1979. Redeem¬
able
in
part from
surplus
earnings not earlier than Jan.
1, 1954 and for amortization
requirements not earlier than
Jan. 1, 1960, all as set forth in
the Trust Agreement.
Dated

nation

July 1,

$1,000.

1949. Denomi¬

Principal and in¬

been

has

of)

appointed

Wolsey, S. Dak.

general obligation bonds purchas¬
ed by Fred A. Gefke & Co., of
Sioux Falls, as 3s, at a price of

sewer system refunding and
improvement revenue. Dated

Oct.

1,

000.

Denomination $1,1, as follows:
1951 to 1953 in¬

1949.

Due

from

$75,000

100.17, a basis of about 2.98%, as
previously noted in v. 170, p. 543,
are
due
on
July 1, as follows:

Jan.

on

Sale Details—The $16,900

Bond

waterworks

interest

and

clusive; $100,000 from 1954 to 1959
inclusive; $110,000 from 1960 to $1,000 from 1950 to 1965 inclusive,
and $900 in 1966.
1962 inclusive; $115,000 from 1963
to 1965 inclusive, and $125,000 from
1966 to 1969 inclusive. Bonds matu¬

TENNESSEE

ring subsequent to Jan. 1,1955, are

subject to redemption at the op¬
tion of the
City on said date,
or

the date fixed for re¬

demption and
of

mium

V2

redemption pre¬
1% of the prin¬

a

of

bonds re¬
or frac¬
tion
thereof, from the date of
redemption to the date of ma¬
turity
which
redemption
pre¬

cipal

of

amount

shall

mium
the

the

each

for

deemed

year,

not

principal

exceed

of

the

be

redeemed

such

of

amount
If less

redeemed.

bonds

all

than

outstanding bonds

shall

be

redeemed

numerical

verse

and interest

office

of

in

order.

in¬

Principal

(J-J) payable at the
National

Chase

the

phis

New York, or at the op¬
tion of the holder, at the City
Treasurer's office. The approving

Bank,

opinion of Huger
Sinkler,
of
Charleston, will, be furnished to
the purchaser together with the
printed bonds. A certified check
for $40,000, payable to the City
Treasurer, is required.
Greenville, S. C.
Sale—The $175,000

Corp., of Mem¬
phis, and Associates, on a bid
reflecting a net interest cost of
about 3.42%. Dated July 1, 1949.
March

Due

on

1960

inclusive.

bidder

est

about

Dyersburg, Tenm
Sale—The

Bond

$930,000 natu¬
bonds offered
Aug.
16—v.
170,
p.
543—were
awarded to the Equitable Securi¬

ral

gas

ties

revenue

Stranahan, Harris &
and Robin¬
of Atlanta,
jointly, at a price of 100.16, a
basis of about 3.21%, as follows:
Corp.,

Inc., of Toledo,
son-Humphrey Co.,

Co.,

$863,000
67,000

1

inclusive.

3s. Due on July 1, 1972.

July 1, 1949. The second

highest bidder was W. E. Hutton
& Co., Estabrook & Co., and Her¬
Bensdorf & Co., jointly, for
as
314s, at a price of
basis of about 3.24%.

$930 000

100.04,

a

Gainesboro,

Tenn.

Sale—The

$25,000

about

Dated

*•

on

1971

to

1952

as

Dated

awarded

Due

314s. Due on July

as

from

Aug.

4s.

to

high¬

3.42%.

Columbia, and W. F. Coley &
Co., of Greenville, on a bid re¬
flecting a net interest cost of
$17,000 as

second

C. Bradford &

J.

was

1950

from

1

The

Co., and Associates, on a bid re¬
flecting a net interest cost of

of

follows:

Mem¬

the

to

Securities

composed of R. S. Dickson & Co.,
of Charlotte, McCarley & Co., of
Asheville, Frank S. Smith & Co.,

as

school
170, p.

16—v.

man

curb
parking area revenue
bonds offered Aug. 10—v. 170, p.
447—were awarded to a syndicate

3.47%,

Aug.

awarded

543—were

ma¬

their

(P\ O. Dyersburg),

Tennessee

Sale—The $450,000

to

are

their

prior to

of

3%

County

"bonds offered

date,

interest to

Dyer

Bond

subsequent interest pay¬
at par, plus accrued

any

ment

1

Aug.

Bond

water

works improvement bonds offered

of

170,

16—v.
to

C.

H.

Jackson,

as

3s,

100.12,

of

basis

a

447—were
Little & Co.,
at a price of
p.

,

about

1949. Due

July 1,

2.98%.
on

July

1,1964.

from 1951 to 1953 inclusive.
as 3V2S.
Due on Aug.
from 1954 to 1961 inclusive.

78,000

20,000

1

Due on Aug. 1

314 s.

as

from 1962 and 1963.

Due on Aug. 1

60,000 as 3V2S.
from

to

1964

Dated Aug. 1,

1969 inclusive.

1949.

Lockhart Sch. Dist. No. IS,

S. C.

Bonds Sold—An issue of $90,000

school bonds has been sold to the

of Georgia,

Trust Co.
and

Associates,

$72,000

as

Jan.

1

as

2V2s.
from

of Atlanta,
follows:
Due

$6,000

1950 to

1961

on
in-

elusive.
2V4S.

.

Series notes offered Aug. 16 were

(State

bonds.

bids

sealed

receive

DAKOTA

agent in New York City
$.10,000,000
veterans'
bonus

..or

(EST) on Sept. 14 for
purchase of $2 million not to

exceed

issue of

$4,200,000 3% revenue bonds. Due
$210,000 Jan.
and
$215,000
July 1, 1952, $225,000 Jan. and
$235,000 July 1, 1953, $235,000
Jan. and $245,000 July 1, 1954,

1949.

1,

Dakota

Bank

Greenville,

—

were

1

paying

Owens,

market and

Rico

Feb.

on

1966 to 1969 inclusive.

noon

Bond

RICO

Aqueduct and Sewer
(P. O. San Juan),

1

inclusive.

\ Paying Agent—The Chase Na¬

CAROLINA

Columbia, S. C.
Offering—F. C.

Sale—The

Bond

Feb.

on

1965

to

SOUTH

turity, the bonds to be redeemed

District, Pa.

of

,100.26.,

Authority,

for $19,000 is required.

ion

$16,000 as 2%s. Due on March 1
from

expressed in a multiple
The approving opin¬
of Townsend, Elliott & Mun-

interest,

follows:

as

the rate of

of Vs of 1%.

Portland,
and Associates, at a
price of 100.06, a basis of about

2.08%,

will

8

sive. Bidders to name

bonds offered
Aug.
p. 643—were awarded

First

the

until

bids

sealed

Co., of New York, and As¬

County

Secretary,

Borough

Sale—The

Note

>

Lane County Sch. Dist.

highest

Narberth,

Treasurer's office, or at the

T

inclusive. The

bidder was
Butcher & Sherrerd, for 23/4s, at
a price of
100.54.

2%s, and $20,000 as 3s, at a price

1,

as

1 from 1950 to 1954

Co., of New York, and As¬
sociates, at 0.80% interest, plus
a premium of $7. Dated Sept.
13,
1949. Due on March 17, 1950.
Portland

SOUTH

the

Due

2.10s. Due

as

South

of

1949.
Due $5,000
on Aug. 1 from 1951 to 1960 in¬
clusive.
Principal .and*;- interest
Aug.

Cun¬

&
Co.,
and
Moore,
Leonard & Lynch, both of Pitts¬

ningham

clusive.

Dated

Feb. 1 from

on

inclusive.

2s.

1955

ij.om

(Previous refer¬
the above financing ap¬
peared in v. 170, p. 643.)

until

1954

55

York.

Mayor,

$22,000 funding
offered Aug. 16—v. 170, p.

Bond Sale—The

200,000

to

Bond

in¬

1954

to

at the
Co., Pitts¬

Twp. Sch. Dist. (P. O.
Hazleton), Pa.

'Hazle

351—were awarded to the State,
3s. Dated Sept. 1, 1949. Due on

Sept.

payable
Trust

New

ence

burgh, Trustee. Legality approved
by Burgwin, Churchill, Ruffin &
Hazlett, of Pittsburgh.

Dist. No. 31
(P. O. Route 1, Box 364,
Salem), Ore.
Bond
Sale—The $5,000 school
bonds
offend
Aug.
2—v.
170,
as

(F-A)

Commonwealth

Sept. 1, 1949. The sec¬
ond
highest
bidder
was
State
Bond Commission, for $45,000 as

•Dated

of

in

maturing

to
as

from

owner,

4s. Due

as

1950

approved by Mitchell & Pershing,

inclusive.

1982

to

bonds

interest

(PST) on Aug. 22
for the purchase of $50,000 not to
exceed 5% interest school bonds.

*

to

1, 1960, in inverse order of ma¬
turity at 103.50.
Principal and

terest (M-S)

District Clerk, will receive sealed
p.m.

of

1982, are callable, beginning Aug.

w

bids until 8

All

1961

1958

said

p.

inclusive; $4,000
and 1957, and $5,000 from

at the Chase Na¬
tional
Bank, San Juan Branch,
San Juan, Puerto Rico. Legality

follows: $1,000 in 1951
and 1952, and $3,000 from 1953 to
1959 inclusive. Principal and in¬

(P. O. Elgin), Ore.
Bond
Sale—The
$65,000

Echo, Ore.
—
The $6,000

bonds

$130,000

as

Union

'yT;

,

Sale

Bond

(J-J) payable at the Chase

1,

Sept.

terest

(739)

National Bank, New York, or, at
the option of the holder or regis¬

1949. Denomination $1,000. Due on

Sept. 1,

Polk

Offering—Joe F. Walker,

Bond

Dated

bonds.

CHRONICLE

from 1952 to 1955

ty Treasurer's

OREGON
■

school

FINANCIAL

&

Aug. 1, 1949. Denomination $1,000.
Due on Aug. 1, as follows: $3,000

(PST)

P.M.

7

the purchase of
$23,000 not to exceed 4% inter¬
for

27

Aug.

on

The

until

bids

sealed

$0,000, payable to the

COMMERCIAL

THE

Number 4831

170

Volume

>

Due on Jan.
from 1962 to 1964 inclusive.

18,000 as

1

Dated May

1, 1949. Denomina¬
Prin. and int. (J-J)
payable at the Irving Trust Co.,
New York City. These bonds are
authorized at the general election
in
1948.
Legality approved by
Sinkler,
Gibbs
&
Simons, • of

tion

$1,000.

$1,000,000

offered
weer

17—v. 170, p. 543—
a syndicate com¬

Aug.

awarded to

posed of the Equitable Securities
Corp., Cumberland Securities
Corp., and J. C. Bradford & Co.,
all of Nashville; C. H. Little &

Jackson; Davidson
W. N. Estes

Co.,

County Sch. Dist. No.

&

Co.,

Co.,
Co.,
Co.,
Chicago; Stranahan, Harris & Co.,
Inc., Toledo; Webster & Gibson,
of
Nashville, and the Fidelity
Bankers Trust Co., of Knoxville.
The group paid a price of 100.053
for various coupons, or a net in¬
terest cost of about 2.78%, as fol¬
&

Knoxville;

Nashville; Fisher, Hawes &
Knoxville; John Nuveen &

lows:

$118,000 4s. Due on June 1 from
1950

1954 inclusive.

to

882,000 2%s. Due on June 1 from
1955

to

1968

bonds

inclusive.

are

1949 and those

Richland

se¬

ries of 1949 electric revenue bonds

The

Charleston.

Tenn.

Sale—The

Bond

dated

June

1,

maturing on June

1

1, 1955 and thereafter are callable

O. Columbia), S. C.
Bond Sale
The $1,000,000

in inverse numerical order begin¬

{P.

—

school

bonds

offered

Aug. 17—v.

170, p. 543—were awarded to a
syndicate composed of the North¬
Trust Co., of Chicago, Harriman
Ripley & Co., Inc., Alex.
Brown & Sons, of Baltimore, and
Johnson, Lane, Space & Co., of
Savannah, at a price of 100.003, a
basis of about 2.09%, as follows:

ning June 1, 1954, at varying pre¬
miums depending on' the date of

redemption.
Nashville,

ern

Tenn.

Paying Agent—Guaranty Trust

Company of New York has been

appointed

co

-

paying

agent

for

$350,000 street improvement
bonds.

•

56

THE

(740)
Warren

County (P. O.
McMinnville), Tenn.
Bond Offering—E. W. Walling,
Chairman of the Board of County

Commissioners, will receive seal¬
ed bids until 2
P.M.
(CST) on
Sept. 6 for the purchase of $258,000

not

to

funding

exceed

3%

interest

bonds. Dated July

coupon

COMMERCIAL

of 1%. The approving opinion

y4
of

Attorney-G e n e r a 1
of
the
State, and Wood, King & Daw¬
son, of New York City, will be
furnished by the City to the pur¬
chaser
at
its own
expense.
A
certified

check

for

bonds, payable
required.

2%

the

to

City,

I,/;-

-\y.

the

of

is
;'

•;

1, 1949. Denomination $1,000. Due

July 1, as follows: $10,000 from
1950
to
1955
inclusive; $15,000
from 1956 to 1961 inclusive; $20,©00 from 1962 to 1965 inclusive,
and $28,000 in 1966. Bonds ma¬
turing in 1960 to 1966, shall be
callable
at
the
option
of the
County

on

Interest

payment date thereafter,

July

1,

1959,

in inverse numerical order, at par
and

interest to call date.

accrued

Principal and interest (J-J)
able

Co.,

the

at
or

City

Bank

&

pay¬

Trust

at the First National Bank,

McMinnville. Bidders to

the

name

rate of interest, expressed in a
multiple of J/4 of 1%. The ap¬
proving opinion of Chapman &
Cutler, of Chicago, will be fur¬
nished to the purchaser without
cost. A certified

check for $5,160,

payable to the County Trustee, is
required.
:
^
:
TEXAS

Galveston,
Bond

sold

been

St.

Paul,

4%s, at

&

Moody, of

price of par.

a

Authority
(P. O. Austin)', Texas
Bond
Sale
The $17,700,000
bonds offered

170,

v.

Aug.

a

headed

awarded to the Chemical Bank &

Trust

Co., of New York, and As¬
sociates, at 0.82%, plus a premium
of $6. Dated Sept. 13, 1949. Due
on Nov. 15, 1950.
Pasadena, Tex.

terest

1949

bonds, divid¬

coupon

$300,000

improvement

street

bonds.

Due

lows:

$6,000

on

Oct.

1, as fol¬
from
1950
to

1952

inclusive; $9,000 in 1953
1954;
$12,000
in
1955
and
1956;
$15,000
in
1957
and 1958; $20,000 from 1959
to 1961 inclusive; $21,000 in
1962 and 1963; $22,000 in 1964;
$23,000 in 1965 and 1966; $24,000 in 1967,
and $16,000 in

and

1968.

200,000

water

works

bonds.

Due

lows:

$4,000

1952

system

Oct.

1, as fol¬
from
1950
to

on

1954;

1956;
1958;

$8,000 in

of

2.72%,

1966

and

from

150,000

incinerator

inclusive.

1962

dated

are

May

.

1,

Oct.

on

as

follows:

1950

from

1,

to

1952

$3,000

inclusive;

$4,000 in 1953; $5,000 in 1954;
in
$7,000
1957;
$8,000
in

1958;

$10,000

1962

1959

to

inclusive; $11,000 from
1965 inclusive; $12,-

1963
000

from

to

in

1966

and

1967,

and

$8,000 in 1968.
Dated

Oct. 1, 1949. Denomina¬
$1,000. Principal and inter¬
est
payable at the City Treas¬
urer's office, or at the National
City Bank, of New York, at the
option of the holder. Bidders to
tion

the

name

rate

pressed in

a

of

interest,

ex¬

multiple of 1/10

or

Chemical

with

ahan,

Inc.; Blair & Co., Inc.; R. S. Dick¬
son
& Co., Inc.; Harris, Hall &
Co. (Inc.); Merrill Lynch, Pierce,
Fenner & Beane; R. W. Pressprich
&

Co.; Stifel, Nicolaus & Co., Inc.;
Southwest

First

Co.;

Hayden,

Stone &

Co.; King, Quirk & Co.,
Inc.; J. C. Bradford & Co.; Ellis &
Co.; the First Cleveland Corp.;
Hayden, Miller & Co.; Kebbon,
McCormick & Co.; Lyons & Shafto, Inc.; Moroney, Beissner & Co.;
Maynard H. Murch & Co. the Ohio
Company; Ryan,
Sutherland &
Co.; Thomas & Co.; Tripp & Co.,
Inc.; R. A. Underwood & Co., Inc.;
Ballman & Main; Charles King &

McDougal

Co.;
Louis

B.

Condon,

&

Inc.;

Investments; A.
Co.; and Miller, Ken-

Henry
Co.

&

waters

as

an

Since

—

of the

agency

of

in storing,
conserving the

and

Colorado

the

River

and in generating, trans¬
mitting and selling electric power
retail.

wholesale and

at

bond issue will

the current

used

tion

finance the

to

additions

of

Proceeds

to

construc¬

electric

the

generating and transmission
tem

of

the

Authority.

ditions

houses at Marble Falls and Gran¬

August 18, 1949

include

ite Shoals with

Total

fiscal




Details—The

for the

30,

1949,

$5,252,575 and net
depreciation and

was
new

sue,

June

before

dition to the

$2,462,017. In ad¬
revenue

bond is¬

the Authority also has out¬

standing

Co.

price

a

noted
at

house

$900,-

of

of

in

p.

544,

fort$7,000,

pay¬

Ellis

as

follows:

bonds.
building
Sept. 1 from 1954 to
1959 inclusive.

-.Due

Redevelopment and
Authority,
Va.
$1,335,000 16th
offered Aug. 16 were

on

on

20,000 vocational
Due

on

school

bonds.

Sept. 1, 1954.

Dated Sept. 1, 1949.

(•

Chemical Bank &
Patch Grove

Co., of New York, and As¬
sociates, at 0.80% interest, plus a
premium of $6.
Dated Sept. 13,
Due

and

Simmons, of Chi¬

$463,000 school

Trust

1949.

Na-

York,

jointly, as l%s, at a price
100.97, a basis of about 1.36%,

Sale—The

awarded to the

of

544-^

p.

Chase

cago,
of

County, is required.

Series notes

March 17, 1950.

S want on,

Free

High

170,

Vt.

Bond Sale
The
$160,000 re¬
funding bonds offered Aug. 16—v.
170, p. 544—were awarded to F. S.
Moseley & Co., of Boston, as 2y4s,
at a price of 100.80, a
basis of
—

(Village and Town
Sch.

(P.

Dist.

O.

Bagley), Wis.
Bond

school

VERMONT

p.

Sale—The

2%%

$69,000

bonds offered Aug. 12—v.
352—were
awarded
to

Harley, Hayden & Co., of Madi¬
son, at a price of 102.10, a basis of
about 2.27%. Due on July 15 from
1960

to

ond

1969

inclusive.

highest bidder

kee

The

was

sec¬

Milwau¬

County, Milwaukee, at

a

price

of 102.04.

about 2.16%.
Due

Dated Sept. 1, 1949.
Sept. 1 from 1950 to 1959

on

WYOMING

inclusive.

WASHINGTON;
Cowlitz
Sch.

County, Castle Rock
No. 401 (P. O.
Kelso), Wash.

Dist.

Bond
ers,

Offering—Gertrude

Riv¬

County Treasurer, will receive

sealed bids until 2 p.m.

(PST) on
Aug. 22 for the purchase of $95,000

not

to

exceed

school bonds.

6%

interest

Dated

Sept. 1, 1949.
Denomination $1,000. Due on Sept.
1, as follows: $4,000 from 1951 to
1956 inclusive; $5,000 from 1957 to
1963 inclusive,
and $6,000 from
1964

to

1969

inclusive. Principal
(M-S) payable at the
County Treasurer's
office.
The
approving
opinion
of
Preston,
Thorgrimson & Horowitz, of Se¬
and interest

lows:

2%s. Due

as

from

587,000

1950

from

1961

212,000

3s.

as

from

to

1978

to

Denomination
and interest

Mercantile

$18,022,000

10

Feb.

on

inclusive.

1977

Due

10

inclusive.

1960

to

10

Feb.

on

inclusive.

1981

$1,000. Principal

(F-A) payable at the
National

Bank, of

Dallas.
Port
Bond

Meyer,
sealed

City
bids

Sept.

on

Arthur, Texas

Offering

Clerk,
until

13

for

W.

Ernest

—

will

receive

A.M.

10

(CST)
purchase of

the

$250,000 seawall and breakwater,
Series A

1949 bonds. Dated Sept.
1, 1949. Denomination $1,000. Due
on
Jan. 1, as follows: $50,000 in
1951, and $100,000 in 1952 and
1953.
able

Principal and interest
at

the

same

national
upon

bank

by

and

National

other

any

mutually
between

agreed

the

City

the City, is required.

Roscoe

Independent

School

Texas

principal

for

5%

v",

Dist.,

of

the

required.

Big Norn County Sch. Dist. No. 17t
(P. O. Basin), Wyo.
Bond Sale Detail*—The $90,000
school bonds purchased by the Se¬
curity State Bank, of Basin, and
Associates, as previously noted in
v. 170, p. 544, were sold at a price
of 100.16,
as

a

follows:

$48,000

t

basis of about 2.32%,;
\
I

Due

2s.

as

on

July 1 from

1950 to 1957 inclusive.

42,000

2y2s.

as

Due

on

July

X

from 1958 to 1964 inclusive.

Big Horn County Sch. Dist. No. 28
(P. O. Cowley), Wyo.
Bond
Offering — Lincoln R»
Gardner, District Clerk, will
ceive

bids

sealed

(MST)

until

8

re¬
p.m.

Sept. 3 for the purchase

on

Oreille

Con.

County

Wash.

Bond Offering—Lillian

Berendt,
District Clerk, will receive sealed
bids

until

chase

of

Aug.

general

pur¬

(These bonds were origi¬
nally scheduled for sale on Aug.
10->

Authority, Wash.
Note Sale—The $1,379,000 notes
offered Aug. 16 were awarded to
the

1958 inclusive.

(M-S)

Housing

Chemical
New

Bank

&

Trust

Dick

••

v.

the District.

March

on

17, 1950.
WEST VIRGINIA

Williamson,
Bond

park

Sale—The $300,000

bonds

170,

offered

&

Co.,

Inc.,

2%%
16—v.

Aug.

awarded

448—were

p.

Blair

Va.

W.

at

price

a

170, p. 256—were awarded to a
syndicate
composed
of
Glore,
Forgan & Co., John Nuveen &
Co., William Blair & Co., all of
Chicago, Kalman & Co., of St.
Paul, and Raffensperger, Hughes
& Co., of Indianapolis, at a price
of 100.22, a basis of 1.48%, as fol¬

to

of

lows:

Aug. 1 from 1950 to 1952 in¬

a
basis of about 2.20%.
Dated Aug. 1, 1949. Due on Aug. 1
from 1951 to 1983 inclusive. The

highest bidder

was

Sold—An issue of $125,000 improvement bonds has been
to

R.

A.

Underwood

&

clusive; $500,000 as iy4s, due
on Aug.
1 from 1953 to 1957
inclusive,
and
$200,000
as

Young,

iy2s,

WISCONSIN

Co.,

Green
Bond

Centen,

Offering

City

Wis.

Bay,
—

Clerk,

;

County (P. O.

Clifford

A.

$500,000 as iy4s, due ort Aug.
1 from 1953 to. 1957 inclusive,

will receive
(CST) on

Supervisors,

will receive sealed bids until 1:30

P.M.

(EST) on Sept. 6 for the
of $350,000 not to exceed

purpose

4%

interest

coupon

hospital construction
bonds. Dated Jan. 1, 1949.

Denom. $1,000. Due

and

Pearisburg), Aug. 25 for the purchase of $300,-

Virginia
Bond Offering— F. E.
Snidow,

on

follows: $15,000 from

Jan.

1,

as

1950 to 1959

inclusive, and $20,000 from 1960

Aug. 1 in 1958

1,000,000 Sch. Dist. No. 2 bonds!
$300,000 as 3s. Due on Aug. 1
from 1950 to 1952 inclusive;

sealed bids until 1 p.m.
Giles

due on

sine! 1959#

of Dallas.

VIRGINIA

!

/

$1,000,000 County High Sch. Dist.
bonds: $300,000 as 3s, due on

100.66,

second

—

v.

Due

1949.

13,

Bond

building bonds offered Aug. 11—

591,000 24th Series notes.
Sept.

Sch. Dists. (P. O•
Casper), Wyo.
Sale
The $2,000,000

Natrona County

..<,

$788,000 23rd Series notes.
Dated

Bosworth,

Dawson, of Denver, will
the purchaser by.

Co.,

York, and Associates, at
a premium of $8, as
.

Pershing,

be furnished to

Bonds

sold

of

&

0.80%, plus
follows:

The approving

Treasurer's office.

Moore & Co., at a price of 100.09.

.:

1, 1949. Denomina¬
Principal and interest
payable at the County

tion $1,000.

opinion

Seattle

.fv,,v

Dated Sept.

obligation

bonds.

of

..)V

$2,000 in 1954 and 1955, and
$1,000 in 1956.
25,000 funding bonds.
Due $5,*
000 on Sept. 1 from 1954 to

$84,241.40 not to exceed

interest

4%

for jthe

27

of

$20,000 building bonds.
Due on
on Sept.
1, as follows: $5,000
from 1951 to 1953 inclusive;

School District No. 59

the

Commission and the purchaser. A
certified check for $5,000, payable
to

Pend

pay¬

City Depository,

being the First
Bank, Port Arthur, or

check

(P. O. Cusick),
Feb.

on

3V4s. Due

as

as

VvV V

y

$101,000

certified

amount bid is

sold
fol¬

were

basis of about 3.07%

a

bonds

Texas, of Dallas, at
100.94, as previously

170,

v.

building

Clerk of the Board of

revenues

ended
to

debt service
chemical CORPORATION

power

combined capa¬

a

operating

year

income
DAVISON

and

city of 83,334 kva.

amounted

THE
IT

dams

school

sys¬

the close of business Sep¬

Secretary

Note

inclusive;
$11,000 in 1969 and 1970; $12,000 in 1971 and 1972; $13,000
from 1973 to 1975 inclusive,
and $14,000 from 1976 to 1979

Such ad¬

tember 9, 1949.
M. C. Roop,

check

1968

to

in

Texas,

be

Baltimore 3, Md.

certified

able to the

Blunt

170,
the

New

to

of

follows:

from

at

approving opinion of
Hawkins, Delafield & Wood, of
New York City, will be furnished
to the purchaser without cost. A

12—v.

Bank,

attle, will be sold with the bonds.

cents

stockholders of record

The

Aug.

awarded

were

tional

A

quarterly dividend of
Thirty-seven and one-half

($.37%) per share on
its capital stock, payable
September 30,
1949, to

pur-

offer

ment

controlling
Davison

as

Kenosha, Wis.
Bond Sale—The $483,000 bonds

\

purchased by the Central Invest¬

$4,218,000 27/8s.

Underwriters—Associated

ity has been engaged

-

the

A certified

$10,000, payable to the
City Treasurer, is required.

and

State of Texas in 1934, the Author¬

a

Virginia,

by

purchaser at the

check for

$45,000 not to exceed 5% in¬
terest coupon bonds, divided as

its formation

Corporation has declared

cha~ser.

Aug. 15, as fol¬
in 1965; $10,000

$9,000
1966

Sale

specified

be

may

the

of the City.

expense

000

Authority's Functions

The

lows:

Bond

1%.

on

from

,

of

furnished to

2.774%, based on an offer of par
for $9,891,000 2%s, $3,591,000 2%s,

ower

The Board of Directors of

.

proximity to that of the winning
Drexel
inclusive. All of said bonds
Corp.,
are
White, Weld & Co., and F. S.
optional Aug. 15, 1964.
Moseley & Co., among others, of¬
Dated Aug. 15, 1949. Denomina¬
fered a price of 100.035 for $4,tion $1,000. Principal and interest
031,000 3s, $8,493,000 23/4s, and (F-A) payable at the State Treas¬
$5,176,000 2V2s, or a net cost of urer's office. These bonds were
about 2.747%, while an account
authorized at the election held on
which included as principal mem¬
Aug. 9. Legality approved by Du¬
bers: Lehman Bros., Halsey, Stuart
mas, Huguenin
& Boothman, of
& Co., Inc., Phelps, Fenn & Co.,
Dallas.
and
Kidder,
Peabody
&
Co.,
Plainview Indep. Sch. Dist., Texas
named a net interest cost of about

E. Masten &

DIVIDEND NOTICE

bonds. Due

tender. A group including
&
Co.,
Lee
Higginson

Harris & Co., Inc., in the
underwriting of the bonds are the
following: Smith, Barney & Co.;
Harriman
Ripley &
Co.,
Inc.;
Blyth & Co., Inc.; Equitable Se¬
curities Corp.; A. C. Allyn & Co.,

Due

the Commonwealth of

Aug. 15 from

on

1/10

or

or trust companies
having
principal
offices
in
New
City, Washington, D. C., or

York

building

school

Due

in

inclusive.

inclusive, and $7,000 in
1959.
: /' /. : i"' !
: ' '. /
39,000 3% school building bonds.
Due on Aug. 15, as follows:
$7,000 in 1960 and 1961; $8,000
in
1962
and
1963, and
$9,000 in 1964.
180,000
3%%
school
building

V

inclusive.

bonds

on

1954

to

building
Aug. 15

1955

3,610,000 27/8s. Due semi-annual¬
ly from May 1, 1963 to May 1,

The

1950

bonds.

and

bonds.

of Texas,

school

2% %

31,000

inclusive.

1953

banks
their

The

—

name

expressed

Principal and interest (J-J) pay¬
able at the principal office of such

Housing

follows:

as

2%%

$25,000

5,841,000 2V2s. Due semi-annual¬
ly from Nov. 1, 1953 to Nov. 1,

and

1968.

Investment Co.

Central

bonds. Due $5,000

1959

1967, and $4,000 in

Publicly Offered

%

of

Richmond

of

follows:

as

multiple

Indep. Sch. Dist., Texas

Bonds

$2,029,000 2%s. Due semi-annual¬
ly from Nov. 1, 1949 to May 1,

the First Boston Corp. and Stran¬

1960; $14,000 in 1961; $15,000
1962 and 1963; $16,000 in
1964
and
1965;
$17,000
in

& Co.,

bonds, divided

price
about

to 1969 inclusive. Bidders to

and Associates.

Houston,
Pecos

has

ris & Co., Inc., jointly, at a
of par, a net interest cost of

1955 and

in

and

bonds

Dallas, is publicly offering an
issue of $275,000 Series
1949

1957

in
in

$10,000
$13,000

improvement

street

construction

by the First
Boston Corp. and Stranahan, Har¬

inclusive; $6,000 in 1953

and

$1,-

been sold to B. V. Christie

4,218,000 2%s. Due May 1, 1975.

follows:

as

of

issue

Sold—An

416,000
sewer

Oser, Secretary of the Board of 1949 and are subject to prior re¬
Commissioners, will receive seal¬ demption at various dates and
ed bids until 10 A.M. (CST) on prices. Three bids were submitted
Aug.
24
for
the
purchase
of for the issue, with the two unsuc¬
$650,000 not to exceed 4% in¬ cessful tenders being within close
ed

Housing

Bonds

Monday, August 22, 1949

the rate of interest,

Authority, Tex.
Note
Sale—The
$435,000
9th
Series notes offered Aug. 16 were

17—

644—were awarded to

p.

syndicate

previously issued rev¬

bonds.

Lubbock

—

revenue

CHRONICLE

a

$195,000 water
bonds has

Juran

Lower Colorado River

M.

Mildred

—

to

as

1970

Texas

Offering

Bonds Sold—The

;

amount of
enue

works and gas revenue

any

or

Hemphill, Texas

;

on

FINANCIAL

&

000

not

exceed

to

2%%

swimming pool 1949 bonds. Dated
Sept. 1, 1949.
Denomination $1,000.
Due $15,000 on Sept. 1 from
1950 to 1969 inclusive.
Principal
and interest (M-S) payable at the
City Treasurer's office. Bidders to
name

the

pressed in

rate
a

of

interest,

ex¬

multiple of % of 1%.

$200,000 as l%s, due on

Aug. 1 in 1958 and 1959.

interest

highest bidder was
Co., Chicago, Har¬
riman Ripley & Co., Inc., Braun,
Bosworth & Co., Inc., Stern Bros.
& Co., Commerce Trust Co., Kan¬
sas
City, - Northwestern National
The second

Northern Trust

Bank,

approving
&

opinion

of Chap¬

Cutler, of Chicago, will be

as

l%s, at a

a-f

The
man

aind J. M.
jointly, for $2,000,000
orice of 100.06, a basis

Minneapolis,

Dain & Co.,
«1

aq or

i