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►'ERIODICAL Re_m
periodical
SEUN™L L'BRA^G 2
univ.
mich.
room
of
5 1947
umvAL U8RA»r
univ. of
MfCHr-
MONDAY
TXe Commercial
£/Z
j
Financial Chronicle
Reg. U. S. Pat. Office
^623
Number
166
Volume
New York, N. Y.,
General
RAILROAD
Secretary of the company, and member of the
will retire from active service with the company
on
Aug. 31, 1947, it is announced.
William B. Viall, formerly Assistant Treasurer, has been elected to
succeed Mr. Degnen as Secretary.
Francis H!
Boland, Jr., has been elected a member of the board
©f managers and a Vice-President.—V„ 166, p. 561.of
P.
Degnen,
income
Net
Federal
Operating
and
loss
general
_____
.
Net
orders
$232,060
deprec.,
$2,997,806,
resulting
ASSETS—Cash
contra),
Internal
the
of
fixed
other
assets,
JUNE 30,
and
hand,
on
other
and
tax
of
Revenue
of $24,448),
$720,090;
SHEET,
banks
in
$3,166;
amortization
accelerated
reserve
provisions
carry-back
of
the
before
and
S.
■
provision
Falk,
for
Federal
June
President
cash
Net
(restricted,
resulting from
carry-back provisions
accounts
receivable
Prov.
income
of
at
amounted
Falk
to
for
special
profit
per
♦Based
on
1947—6 Mos.—1946
-
$4,396,222
$2,850,863
478,764
1,696,975
1947
117,125
273,704
$1,300,843
$1.00
$710,585
$0.55
$2,425,543
v
$1.87
$1,456,716
$1.12
5,291
shares now
outstanding
as
BALANCE
SHEETS,
5,707
sales of securities
$14,294
*9,856
*102,796
i.
income
$6,448
shares
♦After
per
203,534
Fixed assets
and
10,271,568
1,948, ,2o
47,535
.
——
288,967
3,267,969
70,835
2,712,829
1
826,371
carryback claim__
(net)_
203,534
$0.04
outstanding
$34,224
securities
share____
common
$0.03
sold.
Federal
income
,
tBefore
taxes.
net
profit
or
Deferred
1
740,573
Total
LIABILITIES—Accounts
payable
($2
par
surplus
In
value
phyable
securities
for
purchased,
convertible
share),
per
preference,
paid-in
$407,068;
1931,
1,
at
surplus,
$123,629;
New
Kid
Co.—Earnings—
Years Ended June 30—
Net
V
Total
$17,914,755 $10,411,538
,
gross
Selling,
and
__
$18,153,099 $10,493,411
14,184,948
8,512,631
—
administrative
Pensions
81,873
63,643
174,702
income___
Cost of products sold
1946
1947
Interest, commissions, etc
Nonrecurring refunds and, adjustments—:
general
■
1,391,577
1,070,991
253,291
exps
.
138,669
79,265
27,387
Cr260,000
065,000
taxes, bad debts, life insur. prems., etc.__
replacement of fin¬
Reduction
of
reserve
for
ished leather inventory
Transfer,
to
declines
Federal
Net
—V.
reserve
on
raw
taxes
on
profit
possible
for
skins
and
price
future
550,000
hides
J
.____
$1,054,018
.
American Brake Shoe Co.—Calls 5%%
and
325,000
900,000
income—estimated
$483,732
165, p. 933.
All
have
Stock Exchange
York
Curb
Chicago
:
„
sales
State
York
New
of
the
been
outstanding
called
for
shares
redemption
ox
on
Stock—
(Bonds)
Exchange,—
Exchange
Exchange
Stock Exchange—
Stock Exchange
—
Exchange
Detroit Stock Exchange
Cleveland
Stock
—
34
35
MUNICIPAL
&
30 BROAD
Telephone;
STREET
Course
HAnover
2-2600
NY
2,389,909
46,968
1,985,685
27,014,717
—
20,159
364,762
2,436,877
2,005,844
503,414
27,379,479
6,122,592
28.987,280
568,076
29,574
299,243
440,618
^8,262
379,064
------
£,897,175
236,161
2,833,933
2,833,933
income
Condition Statement of Member
Federal
Reserve
System
6,131,215
398,270
——
___
electric plant
of
*f.
'*
24,921
24,937
15,031
—
236,161
......
■
.
1,592,673
357,046
1,211,774
477,598
17,683,092
14,752,946
14.048,365
9,256,392
1/235,627
stocks
common
consol
subs,
Gas
American
734,176
2,930,146
4,791,973
Electric
and
16,773,639
12,627,633
1,981,318
1,425,795
20,134,848
17,560,510
65,088
27,161
395,969
44.458
36,260
-48,097
534,847
^8.089
60,017
140,767
SS'JS
750,809
1,775,494
1,181,688
17.586,769
'
misc.
"deducts.-,
income taxes—
I
—V, 166,
"
366.
p.
American
Independent Oil
Enter Foreign
*
A
group
company
41
of
to
of
Co.
335,233
861,290
1
rrq 2no
1,689,209
14,021,365
•
.
(Del.)—Organized to
Field—
or this
particularly to
incorporators on Aug. 19 announced formation
engage in foreign petroleum operations,
th?nMrdp™fedStin
stock
..
undls-
and
subsidiarief lUtHl
Ge(nett)aXeS &nd -eTInt.
$3,361,209
674,317
$1,235,627
&
Co.
inc.
Total
$4,932,876
$751,478
745,690
Gas
American
Inc
_
&
net inc.—
Undistributed
1,000,000
Delaware, the company has
shares of no-par value, of
an'
»"'h°ri«d capital
'maintained
paid in at the rate of $100 a share. Officers
in Washington, D. C., and in San Francisco.
will be maintained
Deputy Petroleum
Standard Oil Oo.
Admin strator and
are
Banks of
——
28,624,138
363,142
debt
'
43
45
608,033
8,703,258
______
9,657,833
on
of
45
45
Ralph
former
4, N. Y.
Teletype:
9,295,717
__—•
______
Undistributed net inc.
41
Banks
Auction Sales
NEW YORK
Bell
of Bank Clearings
Payable—
Foreign Exchange Rates
Combined Condition Statement of Federal
1922
7,766,656
11,794,270
11,749,860
735,927
Bmonastocks
Miscellaneous Features
Dividends Declared and
Company
Established
8,864,920
12.352,777
811,528
Divs. on pfd. stock
Reserve
qAllen
634,681
1,000,515
income..——
Federal
The
DEPARTMENT
,
-
funded debt—.
on
Divs.
Investment News-Cover
State and City Bond Offerings
—.52
Redemption Calls and Sinking Fund Notices 45
Municipal Bonds
profits tax-
■i*
—
.
895,874
acquisition ,adjust—a
Other, int. anh .deducts.
Reservation'of "net inc.Divs. on pfdr Stocks
34
34
1947—12 Mos.—1946
830,051
income__
Amort,
(& Subs.)—Earnings-
853,323
retired
General Corporation &
FLORIDA & NEW JERSEY
1947
1,084,143
Special charges for
dividends.
IN
30,
8
8,195,001 113,419,409 100,552,477
3,026,665 43,779,302 33,760,404
10,071,449
4,018,149
taxes
taxes
Gross
Int.
Philadelphia
Payment will be made at the office of J. P. Morgan &
Incorporated, redemption agent, 23 Wall St., New York, N. Y.—
166, p. 461.
$376,131
$
$
,
income
Operating
35
36
—
36
36
36
37
Montreal Curb Exchange
38
Toronto Stock Exchange—
39
Toronto Stock Exchange—Curb Section——41
Over-the-Counter Markets—
«.
42
Transactions New York Stock Exchange
24
Transactions New York Curb Exchange
24
Stock and Bond Averages
24
Stock Exchange—
Stock Exchange
Pittsburgh Stock Exchange
St. Louis Stock Exchange.
San Francisco Stock Exchange—
Montreal
Stock Exchange
Los Angeles
JUNE
1947—Month—1946
revenues
excess
Other
5(4 c/o cumulative preferred stock
Sept. 30, next, at $125 per share
SPECIALIST
SHEET,
American Gas & Electric Co.
Period End. June 30—
13
24
29
33
33
(Stocks)—
Cincinnati
-
Co.,
V.
surplus
Depreciation
Stock
Stock
$267,014
—
—
on sales of securities which
was credited
($486,945 in 1947 and $3,361 In 1946).
profit
net
payable to bank, due April 1, 1950, $3,500,000;
payable and accrued expenses, $13,075; provision for taxes,
serial class A stock ($25 par), $1,778,750; class B stock ($1
par), $2,901,940; capital surplus, $8,808,250; earned surplus (subse¬
quent to April 30, 1933), $7,601,583; total, $24,640,190.—V. 166, p. 153.
Other
Boston1
Allied
.
of
earned
to
15,701
23,600
LIABILITIES—Note
Page
Stock Exchange
York
Baltimore
57,237
.
$36,593;
Inue
New
561i
P.
ThU
$6,065;
eJVned
55.154
39,375
16,000
—
_,
tax
income
accounts
Stock and Bond Quotations
$602,143; treasury stock (134 shares of
cost), $5,124; total, $1,227,444.—V. 162,
$472,669
ASSETS—Cash, $2,952,970; U. S. Government securities—at cost,
$500,139;
dividends and accounts receivable and
interest accrued,
$146,868; due from brokers for. securities sold, $74,432;
investments,
$20,965,782; total, $24,640,190.
Fed.
(other),
Jan.
loan—
Federal
income
♦Net
Federal
$400; Federal and State taxes accrued,
convertible preference stock ($10 par), $78,540; common stock
from
__
bank
for
Operating
depreciation), $20; total, $1,227,444.
30,216
$377,543
—
on
Provision
$24,755,377 $21,018,242
—
cost
$1,-
385,726
2,783
:
Maintenance
$166,052;
1946
$56,727
185,847
-
-
Subsidiaries Consol.—
on
"first-in, first-out" basis (at
162,109), $1,059,684;
dividends
receivable, $1,220;
prepaid transfer
taxes,
etc.,
$467;
furniture and fixtures
(less $249
allowance for
$14,722;
_______—___
loss on
securities,
at
market quotations,
bank,
in
determined
accounts
charges
SHEET, JUNE 30, 1947
deposit
1947
$188,912
at market quotations—
Operation
BALANCE
Corp.—Earnings—
_
Total
tLoss.
ASSETS—Demand
,
securities,
Interest
4,220
;.
dividends
tEarnings
1946
44,478
purchases
_
Postwar credit
$117,090
3,860
30
$3,782,492
1,444,189
Goodwill, patents and trademarks
Net
in
Dividends
directly
199,675
11,350,265
998,235
(secured).
Advances—Chicle
$16,304
1582.
p.
American Cities Power & Light
recent
$5,381,877
2,397,539
securities.—
marketable
Inventories
600
^—_____
result of
a
JUNE
receivable
Investments
—_—
184,
♦Exclusive
receivable
to withdraw
common stock (par $1)
the statement on June
the company stated it planned to use the proceeds to repay
and finance the purchase of WXYZ, Detroit, for $2,800,000.
1946,
Interest
1947
and
Accounts
Loans
permission
for
bank notes
BALANCE
$20,000
,
26,
311,730
CONDENSED
1946
$22,195
_
SEC
the
to
1,082,417
142,987
share—
1,298,475
Inc.—Withdraws Reg¬
6 Months Ended June 30—
$1,306,474
res.__
J
applied
has
company
Cash dividends
applicable
capital stock
257.
p.
its registration covering a proposed offering of
because of market conditions.
When it filed
—V.
$2,374,337
taxes
♦Earnings
Cash
6 Months Ended June 30—
Preferred
The
Corp.,
1947—3 Mos.—1946
profit___
$24,755,377 $21,018,242
________
166,
American Broadcasting System,
.
Stock split-up.
Inc.—Earnings—
Expenses
Provision for Federal income taxes___
—
istration Statement—
165, p. 3273.
total, $2,218,819.—V. 165, p. 2541.
Income:—Dividends
Common
to $52,598,080
'
The
Assets—
Air Investors,
—
4,375,000
11,066,269
Dt466,024
4,328,250
12,808,213
par)
(no
1,562,440
106,081
____
surplus
Expenses
Net
cost
capital surplus, $458,385;
—V.
taxes.
(less
(at lower of cost or market),
(less reserves of $310,818), $489,497;
deferred charges, $27,643; total, $2,218,819.
assets,
$131,085;
Net profit on
to
930,507
operating
Income
claims
and
$186,345;
$102,846; inventories
Earned
Co.—Earnings—(Including Wholly-
Chicle
Period End. June 30—
$558,148;
facilities
war
Code,
1947
refund
stock
Capital
In¬
LIABILITIES—Employees'
deposits
(per contra),
$3,166; accounts
$2,963;
accrued
items, $30,415;
reserves,
$13,800;
capital
stock
(432,930 shares), $432,930; earned surplus (since May 1, 1934),
Balance
amounted
30
second quarter of 1946.
several other companies.—V.
American
payable,
$1,277,160;
ended
Owned Subsidiaries)—
BALANCE
per
the
from
credits
696,713
2,313,978
of the company's plants.
seven
months
three
compared with $23,254,087 in the
Co.
Code.
Revenue
the
has been elected a
director of Allis-Chalmers Mfg. Co.
He is also a director of The Heil
Co., Northwestern Mutual Life Insurance Co., Wisconsin Electric Power
$19,392
.___
refunds
♦Tax
ternal
for
New Director Elected—
19,538
140,700
__
loss
Net
30
Billings in the second quarter of this year
as
$140,554
21,297
112,500
$140,857
etc.
June
11,665
credit
Res. for
467,669
656,119
valuation
inventory
Total
$152,219
l__
deficit
Total
•Tax
*$8,926,432
143,743,722
65,171,780
$475,941
on
income
Harold
Interest
360,000
earnings—
Net
44,414
92,888
_
____
Income
49,350
87,890
8,458
expense
,
;
$3,316,175
303,919
declines
postwar and foreign oper. contingencies
Deferred
$511,436
526,353
'
-
expense
Administrative
taxes_____.
$4,236,817
—
—
reserves
lor future
Reserve
Reacquired stock
$240,518
______
.
Federal
taxes__
•Loss incurred because of strikes in
$581,869
685,148
_____
sales
of
before
income
liabilities
General
1946
1947
sales
Other
Liabilities-
$84,886,896 $51,967,115
835,941
*8,926,432
■_
MISCELLANEOUS
-
Current
1946
1947
Billings
Unfilled
Selling
-
Six Months Ended June 30—
Inc.—Earnings—
Aero Supply Mfg. Co.
Net
INSURANCE
-
managers,
6 Months Ended June 30—
Cost
INDUSTRIAL
-
Allis-Chalmers Mfg. Co.—Earnings—
Co.—New Secretary, Etc.—
Adams Express
Francis
board
Copy
a
Corporation and Investment News
PUBLIC UTILITY
-
Price 75 Cents
Monday, August 25, 1947
K.
Vice
Davles, war-time
President of the
fhaTle^
1-573
,
Verno^ Barrett,
Jack
Howard'Mar-
lnclude the °pfficfr^ adnd
Blalock, L. A. Cranson, Don Emery, Paul Enda-
2
said
He
first
foreign
in
Incorporators
duction,
Co.
of
Oil
&
of 11 independents
distribution of petroleum
J
Refining
Wichita,
of
Co.
Houston,
of
Tex.,
Oil
&
Oas
div.
stock
on
Cash
divs,
pari
T.
A.
earn,
Total
made
struction
income
Management
Corporate
Capital
37,956
12,277
4,480
$264,901
$187,326
$230,590
$235,105
84,695
54,339
51,530
45,662
expenses
stock
29,458
23,803
18,603
20,012
would
6,994
18,137
Federal
income
Interest
bank
on
~23~958
6,000
9,000
posal
4,800
3,342
3,667
early
in
conversions
indebt.
•Excess of income
The
$121,990
giving effect to
of
SHEET,
transactions.
security
JUNE
$151,295
$140,797
$92,433
results
30,
sold,
♦
1947
in
banks,
$799,663;
accounts
receivable for secu¬
delivered, $26,320; accounts and dividends receivable1
accrued, $126,666; general market securities, at market
quotations,
panies,
$4,299,098;
$19,858,807;
$5,403,952;
total,
investments
investments
payable
of
subsidiary
associated
of
ceived,
reserve
unrealized
appreciation
(net),
$3,708,888;
total,
$30,514,507.—V.
•
Subsidiary Oper. Companies—
operating
and
1947
-
revenues
—.
electricity purchased for resale—.
Operation
—
;
9,538,260
J——
Depreciation
!
State, local, and miscellaneous Federal taxes,—
State
income
Federal
taxes
income
Other
;
and
income
excess
(net)
profits
—
4,218,692
taxes
—
12%
1
than
more
became
The
directors
of
$2.25
of
record
made
General
State,
other
investments
about
3%,
been
and miscellaneous Federal
income taxes
2,573,971
share
per
Consolidated
Expenses
Dividend
requirements
on
87,436
269,000
preferred
•
804,486
804,486
ings—
6
Sales
$4,503,631
1947
sales and
Gross
profit
income
Other
Net
1946
$6,133,094
5,731,732
—
Other
income
income
Net
postwar
stock
—
dividend
to
$781,893
156,000
requirements—.,
/
•
$625,893
„
stock—
■
,
17
facilities
six
in
which
property
net
per
less
ore
tion
$0.32
War
Assets
contains
at
the
ton
of
an
Administration
fair
extension
value
sintered
hearths—V
166
;
dost
of
ice
dost
of
.
sales—_
cost
—II
income
Fed.
inc.
income
165,
p.
clause
$620,000,
Rental,
and
660,582
120,010
of
lease
1946
119,530
1,669,488
94,069
1,230,047
7*784*931
' 16*987
9,042,395
1 071 277
'
'
re-
79,317
94,905
931,361
$372,380
$309,195
—_
$4,439,547
1,070,844
$3,686 81fi-
28,750
15,750
358,000
189,000
$343,630-
$293,445
$3 497 816
802
$4,081,547
24,122
$294,247
$4,105,669
$3,596 624
.
mtge.
int.
.
,804
,
bonds
and
to
.
'.*$344,434
—-
78,125
deducts.
78,125
22,079
construe-"
(Cr
' 98I80&
937,500
6,839
•
937,501
50,'6l&
195,396
•;
" '
•
■
'
-
-
'
11,694
8,415
202,466
"
income—
$255,924
$217,698
$3,175,239
'
-
•
'
-■
81,89a
$2,690 40£
,
.
-
..
„r—_X.——-1-('
13,000'
.
Crl3,000
Balance transferred to
„t
231,00a
;
•
-
*
.
'-.
earned
Divs.
surplus!—'
$255,924
! $204,698
to-pfd. stocks for the period.:
applicable
Balance
—V.
1947—12 Mos.—1946
$3,188,239
$2,459,405
608,609
608,609
—$2,579,630
599,604
166,
$1,850,796
$3,972,596
$2,986,201
179,648
473,828
$1,220,553
$3,792,948
$2,512,373
599,604
1,199,208
1,199,208
$2,593,740
$1,313,165
....
income
Retirement
shrs.
outstanding.
ACCOUNT
"
$1.10
(COMPANY
1947—6 Mos.—« 194G
&
•
18,310,282
and
—V.
excess
1947
profits
taxes
1,119,799
355,238
$1,953,535
440,787
$1,501,510
259,073
$2,394,322
$1,760,584
;
—
277,985
356,538
$2,116,337
income—
$1,404,045
154.
p.
822,496
,
393,975
.,
deductions
166,
1946
$13,930,515 $12,273,645
10,463,205
9,594,400)
J__
(net)
income
The
'
has
company
tributing ' Co.
36,519,436
of
arranged
Miami, Fla.,
to
acquire
it
the
assets
announced
was
on
678.
p.
of
the
Dixie
Dis¬
15.—V.
Aug.
165;
■
v,
3,752,975
3,302,411
re-
7,202,748
;
Bigelow-Sanford Carpet Co., Inc.
1
,
—,
-
—$10,864,791
deducts—
$3,346,362
$8,481,293
dividends
599,604
1,199,208
:•
surplus
$2,746,758
$7,282,085
$1.17
,$3.10
Prov.
•;
22,208,577
13,263,548
1,722,180
195,350
1,150,935
.3,300,188
2,264,496
183,450
388,542
386,361
$1,607,180
$582,125
$395,093
22,411
1,077
$2,531,696
i)r41,317
—$1,58'4,769
$583,202
$2,490,379
1,015,000
$423,797
profit!—
(net),..— '
bef.
taxes
Nil
■
7,677,200
gen." admin.
income
Profit,
$4,855,029
$1.71
.1
11,715,559
Operating
Other
(& Subs.)— Earns.—»
$9,593,710 $28,429,003 $16,309,498
de-
expenses
'
$4,022,724
share.
excl.
—
Depreciation
1,199,208
—
stk.
after diScts— $15,240,269
sales,
Selling and
$5,854,237
599,604
of
preciation
1,613,900
—
$4,622,328
__
,",i
.
•»—3 Months Ended—- —6 Months Ended—
June 28,'47
June 29,'46 June 28,'47 June 29/45
.
Net sa:'.es,
Cost
$9,730,277 $21,120,786 $20,672,233
6,383,915
12,639,493
14,817,996
6,242,463
.
6,464,822
9,429,800
per
1
Austin/Nichols & Co., Inc.—Acquisition—
;*
$79,153,389
41,784,050
9,316,005
com.
'
SUBSIDIARIES)
4,157,774
etc,
Co.—Earnings—
accruals.—.
reserve
income
Gross
Net
$0.56
1947—12 Mos.—'• 1946
$39,537,299 $87,539,872
21,285,548
V
-Utility operating income^
Other
Income
$620,949
658.
p.
Operating revenues—
'
Operating revenue deductions——
Federal
90,886
——1
12 Months Ended June 30—
;
$1,311,439
630 855
plant
income
on
tion
from
calls
for
payable
[
cost
of
$777,278
for
a
rental
of
week
quarterly
Stores
production
for
Fed.
Fed.
„
28,704
inc.
inc. taxes
615,000
205,000
205,00®
$4,671,228
$3,914,330
550,405
1,179,280
#n
The
this
program
Works
Water
Co.,
by
of
in¬
U.
Higher
the
of
16,
properties
totaled
of
this
97,397,000
the
kwh.
output of
85,875,000
1946.—V. 166, p. 658.
over
911,155
799,409
1,631,627
$210,117
$175,376
directors
regular
a
On
recently
15
made
Dec.
declared
$848,617
26,119
32,684
52,794
62,626
$236,236
$208,060
$1,001,959
$911,244
160,000
150,000
326,000
for
for
company
kwh.,
the
the
increase
an
$675,959
$627,144
24,
stock,
holders of
to
March
on
1946,
the
corresponding
1947—Month—1946
$220,900,442 $164,904,293
15, 1947> and wiU
common
stock
without
provide
par
value
for
the
now
change
ouSSiSS
BALANCE
$0.45
'
SHEET
*
1
June 28.'47
Govt,
Dec. 31/46
$3,197,425
5,822,482
reserves)—
6,612,386
1,747,061
1,500,000
-
;
equipment
15,775,939
7,472,502
'
(less
(less reserves).
assets-
$4,446,605
1,500,00®
5,119,782
17,789,962
—
securities
receivable
—
:
.i.
—-
1,757,414
.1
Total
payable and
14
share
record
and
dividend
a
first
extra
of
payment
on
Aug.
June
13,
$12
of
$2
Reserves
$37,539,785 $35,201,773
for
Federal
accrued
and
State
common stock,
both
Distributions of $1.50
Reserves
last.
6%
share
issue
paid
was
since
on
1924.—V.
1967,
the
outstanding sinking fund income debentures
been called for redemption on Oct. 20, next,
have
interest.
Payment
Trust
V.
164,
Co.
Capital
stock
($100
stock
(no
Jan.
100
at
of
will
New
be
made
York,
The
at
trustee,
Commercial
Wall
46
St.,
National
New
York,
Guaranty Trust
stock
ATF,
1
W.
and
($4 par value).—V. 166,
—V.
Y.—
appointed
..."
658.
p.
*
company
has
1945
arid
one
tax
should have been
18
are
those
of
the
"Air
published under that heading.
of
preferred,,
$2.25
outstanding
.86,100
to
this
Investors.
See V.
166,
in
Inc."
p.
(
'(,! (
PP-
the
and
658.
for
credits
refunded
contracts
for
subsidiary
of $323,029
$418,646
the
for
to
the
company
the
fiscal
the net refund
U.
and
due
was
:
Government
on
subsidiaries
S.
two
ended
year
J J ).'•
for
June
30,
1945.
$95,617.—V. 165,
(E. & G.) Brooke Iron Co.—Extra Dividend—
The
company
,
,
p. 3163.
Correction—,
Aug.
shares
Bristol-Myers Co.—-Refund to Government—
After
of
$37,539,785 $35,201,773
165, p. 3275.
co-
has been appointed Comptroller of this
company.
has
been with
Booz, Allen and Hamilton, business
Chicago, New York and Los Angeles as senior staff
engineer reporting directly to the partners.
In 1946 he was elected
a
participating manager in the partnership,
»
;
"Chronicle"
250,000'
263,953
7,193,736
(E. W.) Bliss Co.—Buys Preferred Stock—
Noble
under
<
7,9.71,688
_
—
he
appearing
225,000
Bank
N.
at
figures
■
—
surplRS^...—
of
sheet
15,455,450
288,203:
renegotiation
balance
2,640.300
treasury stock)—
against stock held in
In
July the company purchased 5,800
thereby reducing the number of shares
1.—V. 165, p. 3276.
Inc.—Appoints Comptroller—
1943
;
less
;
Total
The
consultants
5,000,00®
1,000,00®
2,640,30®
15,430,45®
'
'f
1,000,000
Aug.
Company of New York has been
common
250,072
5,000,000
;
par)—
par,
applied
$1,771,66®
1,401,594
280,700
inventories
surplus
Earned
$1,983,126
2,695,318
taxes
•'
due
Anheuser-Busch, Inc.—Co-registrar—
The
pfd.
Common
the
165,
3138.
p.
Percy
for
treasury '
Capital
surplus
of
expenses
Employees' taxes withheld
Long-term notes payable.—
share
per
the
28.
per
this
on
dividend
21.2%—
-
308,60®
$4.51
^
Accounts
Anglo-Chilean Nitrate Corp.—Calls Income Debentures
The
1947—7 Mos.—1948
309,109
$109
'
2794,
p.
registrar for the
Co.—July Sales Increased
S.
Other
of
284,100
$58,060
308,603
$3.01
.—.!'
Plant, and
Pay $2 Extra Dividend—
an
dividend of $1.50 per
Sept.
were
common
355,474
1,529,842
$949,165
309,109
CONSOLIDATED
Inventories
electric
1947
$218,797
-ASSETS—
Cash
South
common.-
Aug.
$1,475,379
outstdg—,—
COMPARATIVE
will
year
99.9%
owns
to
1,180,396
223,622
tta»-t«4w7p5t ofU^he°coinmont0BtoecCk mme'ld
U,i> st°ckh°W«E *
«nSiLPto°h°pSh.M111 h? submitted to stockholders at the annual
of
Water
American
Water
sbs.
$378,202
Earns, per com. sh.__
contribu¬
necessitated
program
service.
water
American "Woolen Co.—To
The
and
1
1947—12 Mos.—1946
$1,748,812
American Sumatra
Tobacco Co.—To
Split Stock—
1.
for
capital
a
Pittsburgh
South
construction
make
to
company
subsidiary,
latter's
$815,000.
Com.
the
$969,769
'
Since
shares
the
income
LIABILITIES—
and open
2,113,425
550,229
503,155
$34,415,700 $28,395,657
16~67p7562~
its
to
output
of
each
1947—6 Mos.—1946
authorized
mav
quaueny, may
the
has
demands
13.43%'
Co.—Earnings—
2922.
American
192
192,351
802,448
revenues—
Int.-'chgd.
782,915
income
on
for
,
1947—12 Mos.
$1,278,281 $17,312,838 $13
117,213
Atlanta Gas Light
4,815,521
ended
to
$76,236
taxll
___
Period End.
July 31—
©t
Int.
Other
Fed.
result,
SU
Co.—Earnings—
1947—Month—1946
_
—
Gross
917,984
income
Power
option
an
V-
—V.
$825 4Qr»
,$1,491,368
6,763,014
finance
All
*
—V.
$880,653
appropriation-:
Accounts
&
Net
$825,490
'
income—_ ~
Other income (net)—„„
$3,769,116
$664,952
Output 13.43%
011
849,925
sales
Balance
for
Crl04,767
"- I*
:
749,641
INCOME
$250,000
payable
'
r
other
Res.
ALONE
751,840
Pittsburgh
announced
Charging blast furnaces
Period End. June 30—
Other
COMPANY
7,364,443
approximate
<
46^
p
American Service
Operating
of
ore.
than
(net.)
112*317
27,832
$880,653
Operating
dividend
480,298
SEC
of
help
sintering facilities intermingled with the
have, been' leased to the com¬
$36,000 per year.
The facilities were installed
at a
Sales
quarterly
3,556,257
income
week
the
be
period
retirement
«(net)
I
Capital Contribution—
52,000
Hamilton, Ohio,
the
years,
lease,
cents
not
120,000
expenses
for
Nat
$311,323
$0.62
19.
buy
of
oper.
Rent
$363,323
American Rolling Mill Co.—Leases
Facilities—
The
usual
339,164
taxes
and
<
Net
The
stock
common
Government-owned iron
Aug.
30,000
'Crl7,058
3162.
revenues
I income
3,793,417
income
creased
for
Net
1957
depletion
Preferred
80,108
—
Net income per
outstdg. share of com.
—V. 166, p. 657.
pany
30,000#
3,576
627 llj
$833 041-
"Restated.
—
,Net Income avail,
company's
OF
$44,851,416
&
income
Net
$283,215
adjustments-
$1,028,486
about.
or
221,968
$781,893
$838,432
than-
15,
property acadjustments—
Gross
Total
149,988
291,894
adjustments-,-'—
for postwar
reserve
income
Preferred
355,989
$205 927
825,490
taxes
serve
stkj
deprec.,'
Balance
before
Application of
L-
less
Dec.
$4,722,237
■
than
refinancing,
$655,171
—IIIIIIII"I
taxes—
$202,996
$914,230.'.
,
presently,
is
not
398,62®
income.-
Reduction
253,809
$1,429,776
__
taxes—
corporate
Net
etc
;
—
$46,063
792,369
(net)__
p.
Property
of
count
$401,362
266,497
taxes,
the
$1,264,556
maint—
&
for
Amort,
400,743
$1,163,279
before
would
$1,710,059
.'
2,343,105
other
tirements
11,352,601
excluding taxes-
—
income
Federal
expenses,
124,822
:————
860,130
—
taxes
Net
$1,353,524
earnings
Federal
of
It
of
than
Federal
Other
debt
com.
on
taxes-on
$5,732,351
$12,515,880
Total
Cost
.
for
exps.
Taxes,
Subs.) —Earn-
$12,089,482
426,398
—
..—I—I—IIII
30,607
21234
STuItJ
J28'55l
number
$1,699,454
Period End. June 30—
Prov.
royalties
the
$40,000,000
some
88,968
of
surplus
share
Gross
(&
Ended June 30—
and
1947.
rate
earlier
1947—6 Mos.—1946
-
&c.'
—
—
Rentals
1947,
declared
20
.
Mos.
15,
ACCOUNT
dividends
and
■
Oppr.
American Machine & Foundry Co.
period
end
165,
Operating
Operating
.
CONSOLIDATED
657.
p.
not
mature
April
—_i_
income
$5,308,117
stock
of
the amount of the issue
1947,
276,65()
$4,644,713
166,
Net
$808,173
$5,449,199
—
basis
the
On
10.
Nov.
345,930
earnings
Preferred
Per
!
33,507
——
$54,100
Period End. June 30—
funds
on
int.,
•
Net
„
Balance
-V.
provide
to
converted.
—
.
423,211
$891,625
1
$327,818
.
Interest, .amort,
discount, etc.
$1,595,471
_
income
net
used
be
15.
regularly
Balance
2____
—
$76,670
—
of
270203
28,088
$87,607
—
157^01
$299 730.
5,262
Arkansas Power & Light
the capital stock, payable Oct. 15. to holders,
Distributions at the rate $9 per share have been,
since and including 1922.—V. 166, p. 562.
: • •'<
' '
""
Sept.
Earn'gs—divs.,
$4,499,944
149,161
taxes-
—
T
Balance
would
will
Aug.
on
INCOME
$7,073,915
$1,644,174
334,388
...
expenses
local,
Federal
from
meeting will be mailed
of the debentures and
American Water Works & Electric Co., Inc.—Earnings
Co.—
Traction
&
from
Surp.,
—V.
stockholders
.
3,250,438
$4,557,574
.
income
special
A
for the
the sale
stock
into
convertible
already
Cr277,963
2,565,755
„„„
American Light
Dividend
held.
stock
proxies
Proceeds
thereof
stockholders
have
<i
Balance
income
Sundry adjusts.
recommend that the
debentures which
of $100 of convertible
Declares Regular $2.25 Dividend—
r
138,558
2,109,489
—
$71,408
-
5,689
Misc.-reservations of net
$7,123,330
deductions
$81,919
116,512
267,600
in;
15 for the purpose of acting on this pro¬
expected that
is
to
ratio
the
in
of
shares
Oct.
Period End. June 30—
Income
67,200
.
CY484,609
——_
30,583
convert.ble
of
3,868,183
•
112,429
._
154091
•
Total
surplus
Dividends
paid__
date
which
»
2,210,245
3,037,035
2,641,982
revenue
begin,
,
9,296,324
19,261,687
3,830,867
177,269
„
66,600
oper.
Surp.,
Of the $234,000,000 3% convertible debenture bonds issued in 1941,
$215,000,000 or about 92% have already been converted into
capital stock.
Any remaining balance of this issue will be redeemed
On
Sept, 1, 1947.
Of the $343,000,000 2%%
convertible debentures
$47,858,423
27,968,429
r.T—
Maintenance
1946
$57,058,869
...—
50,575
57,077
k
income
Balance
con¬
Some
Subs.)—Earnings—
,
ino'ini
;
month,
per
finance
to
not fat^r than Dec. 15, 1967, and will be convertible into A. T..
stock during a period beginning not later than six months from
of issue at a conversion price not exceeding $150 per share.
T,
the
166,
.
771
35,335
.Gross
Payments
share
per
be- used
•
voted
20
issue
outstanding-ftt Aug. 15,
nor
£nd
'
12 Months Ended June 30—
,
six
on
September.
shares
&
net realized gain on investments, $626,190;
American Light & Traction Co. (&
Total
it
Aug.
on
nevv
a
stockholders
to
each
for
and
2ya%
securities
for
562.
Gas
$5
of
rate
price.
market
the
below
at
be approximately $354,000,000.
The. new idebentur'es will be dated Dec. 15,
contemplated that they will bear interest at a
com¬
companies,
purchased, not re¬
$9,573; accounts payable, accrued expenses and taxes, $63,336;
for Federal income taxes,
$37,386; capital stock, $773,211;-
capital surplus, $25,293,924;
p.
securities
in
securities
in
of
$30,514,507.
LIABILITIES—Accounts
i
directors
of
authorize
offered
be
mailed "to
pot
interest
—
Fed.
Deductions
extensions, additions and improvements to the plaht ofi A. T. &
T.
and
its
subsidiary and associated companies,
and for general
corporate purpdses.
If the new issue is authorized,
the company will thereupon file a
registration statement, with the Securities and Exchange Commission
and
expects that
warrants representing subscription rights will be
ASSETS—Cash
rities
shares
with the SEC 2,800,000
for
BALANCE
and
board
stockholders
over
expenses
•Without
7470.,
824,475
209,162
Qtjier income
Offering of Debentures to Stockholders—
Plans New
debentures
taxes—
Net
shares will be offered to employees
subsidiaries, with the except.on of
Proeeeds^ will
1947.
meeting will be held
,
833,401
51,241
;
sundry
&
taxes
203,490
205,973
46,987
taxes
for
Hue
cn?!6
214,830
expense—,
taxes
programs.
206,543
16,594
.
General
—
w-b°0,269
245,222
oper.
Prov.
1947—12 Mos
$2,728 149
40
,
$680,470
'
Maintenance
38
of
instalments
in
191,443
expenses-
Casualty
New
registered
The
those
December,
94,900
bonds
on
$747,971
revenue
gas and wtr.
&
approximately. $20
,at
be
to
beginning
from
Interest
oper.
Other
Assistant
Co. and the
elected
been
Telegraph
Co.—-Registers
Offering to Employees—
15
Aug.
on
and
T.
96,900
corporations
the
Telephone
7,410
other
have
Christensen
company,
capital- stock.
&
officers,
are
$24,083
of
stocks
on
this
company
($100
of
1944
$26,865
of
Shares With SE-C for
The
$54,470
Inc.—Earnings1947—3 Mos.—1946
Total
Depreciation
of
$151,406
Arizona Edison Co.,
period End. June 30—
stock.—tV.
Co.—New Officials—
Harold
and
American
subsid.
and/or
assoc.
Larson
II.
York
Surety Fire Insurance Co.—V. 165, p. 66.
Nietos
Signal
1945
1946
1947
of $5
value
par
a
preferred
or
Electricity,
Treasurers
General Corp.—Earnings—
American
'6 Mos. End. June 30—
indebtedness
funded
no
American Surety
Tulsa, Okla.
of
Sunray Oil Corp.
of Los Angeles and
Co.
has
334.
p.
E.
uu
Hancock Oil Co. of California,
Kan.;
Beach, Calif.; Honolulu Oil Corp. of San Francisco; Los
Los Angeles; Phillips Petroleum Co. of Bartlesville
Okla.;
Cash
165,
^
of
stock having
common
"
company
purchased
Aiiiea
Co. ofAshland,
& Refining
Oil
Ashland
Cleveland;
Abercrombie
S.
of
Monday,- August 25,
1947
tr
The
"^engaged ini yin¬.
In additionto M
group
a
shares
577,053
1
fi^
independents.
and
include'
into
share.
a
marked
Co.
Long
ing
°^u^"
V-
ana
enterprise
new
a
are
refining
thnv
the
that
■A-
Vandevepr
W.
W.
Reid,
J.
statement
"large-scale, substanUaUy
operations had been undertaken by
oil
rmv)p<s
'a
in
that
time
the
Will
PhilliDs
Prnnk
A. C. Mattel
W. Hancock
cott, Russell H. Green, John
„„„„
WrSht
CHRONICLE
FINANCIAL
COMMERCIAL &
THE
(754)
per
directors
on
Aug. 20 declared an extra dividend of 15 cents
and the regular quarterly dividend of
10. cents per share
capital stock, both payable Sept. 15 to holders of record Sept.
share
on
the
2.
No
other
extras
were
paid last year,
nor
in
1946. —V.
162, p.
875.
Number 2623
Volume 166
Borg-Winter Corp.
THE
(& Subs.)—Earnings-
Ended June 30—
six Months
berger,
a
1947
„
1946*
$
less returns and allowances
Sales,
:—
^Operating
profit
earnings—
—:
Total income
Depreciation
Darnings
deduction of factory,
of
deduction
'
«.
$4.13
administrative
depreciation,
CONSOLIDATED
$0.76
"
Federal
BALANCE
and
selling expenses,
taxes
SHEET,
and
JUNE
oper.
utility
bonds,
employees' and officers' traveling advances and accounts
$95,423; other notes and accounts receivable, $2,200,837;
supplies, work in process and finished goods (less reserve),
receivable,
$41,348,013; stocks, bonds and notes of other companies and miscel¬
laneous
investments, $356,305; property, plant and equipment (less
reserve
for depreciation, $12,076,490), $23,334,499;
prepayments and
deferred
charges,
$6,591,507;
patents
(less
amortization), $423,134;
total,
$1;
goodwill,
$124,958,350.
payroll),
Accrued
prior
$6,865,242;
$154,365),
3-Va%
$5,736,990;
reserves,
stock,
common
accruals
(including
income,
on
1947
and
for renegotiation, 1945 (less U. S. Treasury savings
$11,084,230.; deferred credits to income, $270,036;
and
years
iiptes,
$8,509,835;
provision for taxes
cumulative
$12,309,620;
paid-in
preferred
and
capital
stock,
$19,610,000;
$10,835,076;
surplus,
surplus,
$50,726,679;
preferred treasury stock at cost
(900
Dr$88,992; common treasury stock at cost (125,184 shares),'
earned
shares),
Prov.
for
Net
—V.
Fed.
$8,022,148
$7,387,420
4,763,053
to
135,749
937,035
945,859
$245,838;
$269,211
$2,322,060
654
176,567
$269,865
$2,498,627
new
share for
offered
the
and
453,947
V.
166, p.
155.
four
Manufacturing
sales
Total
1947
1946
1945
rev._
$3,683,111
$3,290,639
The
2,690,905
2,851,879
Gross
profit
Interest,
Total
''('45
for
incl.
Net
$768,766
Steel
Foundry
Co. and
Engineering Co.)
(net)
203,143
512,270
$474,701
$429,321
$460,140
1,094,456
1,094,456
$0.43
$0.39
$0.42
.
v
(The) Budd Co.—May Pay Common Dividends—
.Edward
Is owned
'
In
a
Jr.,
stockholders."
at
summary,
wouldn't
holders,
and
business.
dends
I
have
Aug.
on
said that
7
"the
company
the annual meeting held on May 14, he said In
'
;»•./.• •
any company had it not been for the share¬
anxious
am
The
things
way
to
that
see
look,
they
should
we
get
be
return
a
to
able
this
year."
stockholder asked
A
President,
,
."We
'
Budd,
27,000
,
part:
G.
by
costs
of
products
and
pay
this
from
divi¬
some
.
about
the
terms
the
of
stock
purchase
options
.held by
officers of the company.
Mr. Budd replied that the options
permitted their holders to buy stock at $7.50 a share, and that the
options expire at the end of this year. Although officers who exercise
their opitons
are
not obligated to keep the stock for any specific
length of time, it was understood that the larger option, holders
would
retain
arrangement,
■approved
A
at
much
as
Mr.that
tain
the
165,
stock
this
they
as
could afford.
Budd
pointed out, was
by the stockholders.
stated
condition
years.—V.
of
time
stockholder
his
that
opinion
the
that
holders
made
in
This
July,
1943,
con¬
special
sold
$13,895,788
$7,918,484
11,369,555
6,912,879
374,162
.•
856,455
33,143
Crl01,879
477,700
85,600
$784,773
——
344,925
344,925
$2.27
-
$0.65
—
hand
on
$193,521;
and
accounts
in
banks,
receivable
$2,679,791;
(less
income
government se¬
for
doubtful
provision
Increases Dyeing Facilities—
part
of
the
New
River
Plant,
Dublin,
Employment of
1,000
is
persons
contemplated
when
the
Va.,
to
Assets
sales
•
Cost
has
sale consits of
the
a
■319-acre land site, bag manufacturing building, change houses, laundry
and a number
of miscellaneous
temporary structures and dwellings.
Any machinery that is not purchased by Burlington at a later date
Will be moved from the
buildings at government expense.
that
it
approved
"Mills, Inc., Amsterdam,
sale
Y.,
166,
consummated.—V.
N.
p.
of
this
for
Fed.
Provision
Profit
'
of
Net
goods
sold
1946
$30,926,859
16,773,245
a
Income
(&
taxes
*$2,081,700
$3,572,326
tCrl,922,800
taxes
1,356,800
1945
11,730,719
10,250,298
9,608,082
8,317,892
$2,357,641
$2,628,688
100,000
$2,065,526
171,578
54,941
167,926
24
Thomas
225,000
259,700
for
com.
stk—
*$383,900
$1,840,526
$664,506
1,144,803
1,144,806
1,144,806
Nil
$1.61
$0.58
on
$2,412,582
$2,796,614
company entered
into an employment
Freeman for a term
beginning Aug. 1,
year,
plus
Jne
time is required.
Is
to
receive
the
board
additional
$35,000
a
requires
more
shall be increased
the rate of $100,000 a
•A
than
for
five-year
employment
Commercial and
$232,262
Co.—Earnings—
1947—Month—1946
1947—12 Mos.—1946
$1,264,830 $16,735,091
646,790
7,857,506
$15,544,292
6,947,434
121,197
115,127
2,013,303
1,441,776
1,856,367
1,354,651
26,301
24,258
308,054
Gross
$357,458
$346,102
280,567
$5,105,273
$5,114,453
1,913
Deductions
5,698
43,947
120,890
$34F 015
iqcome
$363,156
$5,158,400
$5,226,163
(net)
income
Net
*
Pfd.
income
1,956,590
1,488,088
127,093
112,564
—
div. requirements—
-V,
166.,
$236,063
$3,670,312
$3,269,573
67,023
"
$235,451
—.-a——
804,349
1,240,296
67,023
367.
p.
Central RR. Co. of New Jersey—Protective Committee
The' Interstate
man
stock
July 19 authorized a threecommittee" for holders of
of the company.O'Dea, William A. Rutan and
Commerce Commission
function
to
group
capital
the
in
as
on
"protective
a
reorganization
proceedings
Central RR.
The
Guaranty
certificates
Series A
of Pennsylvania—Trustee—
Trust
for
registrar
of
of
1947,
and
Trust
Co.
York
New
appointed
been
has
principal amount of
$1,605,000—were
$5,355,000
of
the balance
under
Series
Trust.—V.
B
trustee
equipment
under the
2%%
issued
which
agreement
1947,
and
the
or
the
the
and
for
the
next
$40,000 if only
expiration
provision
one-fourth
increased
of
of
*
&
his
time
his
required
of
agreement
dated
July
31
with
G.
R.
West
vSouth
&
438,416
380,003
165,694
*920,928
*1,166,972
excess
'
taxes
•
j
7,552
7,196
.
inc.
145,427
215,814
230,655
$1,552,004
$1,365,188
$1,163,904
$1,003,709
$0.73
t $ 1.90
$1.74
: $1.63
credit—1945, $102,325; 1944, $131,523.
effect»to the 3^for-l
stock split in July
giving
per
share
are
to
equivalent to $0.63.—V.
166,
p.
tOn adjusted
1946.
These
155.
* -
Issue
payment
166,
p.
664.
this
com¬
him
Her-
Authorized—To
Corp.—Notes
Canada Northern Power
Gross
$2,135,097
earnings—
Purchased power, operating,
1946
$1,843,837
and taxes—
maint.
693,398
542,752
$1,441,699
earnings
$1,301,085
165, p. 2131.
Canadian Pacific Ry.—Traffic
Earnings—
Week Ended Aug. 14
Traffic
Earnings
and
$348,000
of
purchase
1946
$5,801,000'
Plans
for
complete
Vancouver
Victoria,
"The
with
of
the
anticipated
railway
steam
from
both
delivery
for
lines
power
were
Nanaimo
&
announced
20 by W. M. Neal, Chairman
Ry„ owners of the E & N.
Ry.
in
and
during 3948
the new locomotives to be used
and freight service and terminal
diesel
to
of
passenger
will
be
made
be
the
transfer
to
studied.
first
of
large
diesel
Diesel
the
section of Canadian Pacific
Neal said, and results will be.
engines are now used at several
Pacific, including Montreal, Winni¬
operating
Mr.
power,
switching
Canadian
Calgary and Vancouver.—V.
166,
p.
Carborundum
South
will
with
held
&
Power
shares
Light
Co.—Buys
and
$10),
Of
from
to
the
priority
rights—V.
165,
p.
1724.
announced
that
250,000
issue
total
of
Central
Dana
135
S.
the
reclassify
South
&
stock
for
Gas
cash
a
West
for
&
Electric
proposes to
consideration
The
On
account
(no
par)
1,072,100
shares
to
shares
a
cash
consideration
OF
proposes
to
to
of
Issue and sell
acquire 65,500 shares
of
per
year; in Dominion of Canada, $38.00
fluctuations in the rates of exchange,
Central
$2,999,960.
and Central
(no par)
common
PROPOSED
NOTES
proposed
$125,000
like
principal amount maturing serially through July 1, 1953, w 11 bear
at the rate of 21/»'/«> per annum all of which will be sold to
National Bank of Chicago at par.
The remaining notes H
the
principal amount of $2,800,000 will bear interest at the r^te
of 3%
per annum and will be sold to the John Hancock Mutual Li.e
interest
First
Insurance
Co.
at
par,—V, 166, p.
A
by
Judge
Chairman;
J.
to
committee
Richmond,
Mead,
mond
for
6# preferred stockholders has been auth¬
Hutcheson of the J. S. District Court in
Committee is made up by Thomas P. Dure \
Hewitt. Secretary; Harold S. Baird and
Attorneys for the Committee, are John Bocock of Ri~ •
The
Joseph E.
Va.
Jr.
and
act
Sterling
664.
Corp.—Protective Committee—
Karelsen,
karelsen
&
Rubin,
of
New
York
City.—V.
per
year.
Other
for
151,
463.
1Publ^Jl*
remittance
ft
$1,000,000,
V™*CotJWRny.
the
&
be
Financial
of
the
Power
notes of $4,300,000 are to be payable in installments
semi-annually from Jan. 1, 1948 to Jan. 1, 1959. with a
final installment
of $1,425,000 maturing on July 1,
1959.
Notes ii
the principal amount of $750,000 maturing from Jan. 1, 1948 to Ju'.y
1, 1950, will bear interest at. the rate of 2% per annum, notes in a
of
Salle
^Perlean Union, $35.00
KOTE:
pre¬
amount
for
and
increase
its
shares to 1,072,103
Seibert,
La
the
,
Central States Electric
19
to
exchanged
& South West Corp.
664.
Aug.
for
Power
&
Light has requested that it be relieved from its
undertaking to prepay a specified principal amount of its outstand¬
ing 2% unsecured serial notes.
Niagara Falls Plant—
on
stock
common
Cen¬
estimated
notes,
cash,
issued, 772,104 shares
for the 202,180 shares (no par) common stock now
& South West Corp., and 299,996 shares will be sold
Corp.
by Central
p.
its
Administration
of
proposes
stock
common
(par
Central
to
waived
Assets
Co.
Insurance
Central
orized
War
Life
treasury
necessary
.
additional
West
be
this
company has
purchased the northern portion of the Bell Aircraft
Corp's. plant
in Niagara Falls, N.
Y., for $1,000,000.
Four major
buildings and 65 acres of land were included. WAA originally intended
to transfer the property, to the City of Niagara
Falls, but the City
The
Of
National
Mutual
Light Co. and of Southwestern Gas & Electric Co, hereinafter described.
the
.
terminals
main
peg,
will
to
closely
Esquimault
1, 1959, with a final
the total, Central will
Bank of
Chicago
and
of,its secured note in the principal
held by The Middle West Corp. and
TERMS
conversion of the
diesel
electric
to
on Aug.
Canadian Pacific
the
change-over
the
•
Canada,
C.,
B.
President
Island
borrow $4,300,000
at the rate of
payable
retirement
Extending Use of Diesels—
».
1959.
1,
First
Hancock
together
presently
of
notes
to use the net proceeds of the proposed
$4,296,500,
payment
the
to
company
1948 to Jan.
1,
July
on
John
the
serial
thereof
from
the
Southwestern
1947
$6,067,000
—
$1,425,000
from
proposes
to.be
shares
1947
evidence
in
of
authorized
Corp., Ltd.—Earnings—
authorized
31
$1,500,000
$2,800,000
Central
12 Months Ended May 31—
July
on
$125,000 semi-annually from Jan.
tral
share-
After postwar
basis
and
borrow
277,431
per com.
SEC
The
year
contract
that if during
time
4,117
732,157
tax..
inc.
earnings
one-half
the
Central
Chronicle (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 8, N
Y., REctor 2-9570.
Herbert D. Seibert, Editor^
President; William D. Rlggs, Business Manager. • Published twice a week [every Thursday (general news and advertising issue) with a statistical issue on Mondayj.
St., Chicago 3, 111. (Telephone: State 0613); 1 Drapers' Gardens, London,
E. C„ England, c/o Edwards & Smith,
Copyright 1947 by W1illa£» B.
second-class matter February
25, 1942, at the post office at New York, N. Y., under the Act of March 3, 1879.
Subscriptions in United States, U, S. Possessions, Territories and Members oi
William
offices:
as
43,823
721,215
taxes__
prof,
'
by
year.
•
■
until
with
year,
pensation
®t
compensation
requires all his time,
Thereafter,
income
This
the
B.
^65,000 if the board
Jus
$48,717
-
income——
oper.
Non-oper.
$2,788,534
switching.
ending March 27, 1952, as Chairman until March 24, 1949, and there?*ter in an advisory capacity. ; Unti[ March 25, 1948, he is to receive
a
Net
40,840
$2,594,473
income
Net
Net
$924,206
225,000
Employment Contracts—
0°
34.142
$79,710
32,319
'
$2,747,694
deductions
exc.
profits
2,256,000
.
*$158,900
share
per
July
3048.
taxes—
come
7,750
1944
$2,422,895
.
income
income-—
Federal
$3,280,206
150,000
;
v
On
15,810
taxes
—
Period End. July 31—
trust
credits
Federal
-V.
,
*Loss.
tEstlmated net recovery of prior year's Federal taxes
income under carry-back provisions of Internal Revenue Code.
t
inc.
Operating
revenues—
$1,335,694
Operating expenses— "
712,189
Federal taxes on income
123,937
State and munic. taxes,
127,165
Federal, other than in¬
$26,254,538 $24,036,775 $23,259,929
13,646,599
11,800,005
12,194,343
1945
1946
-
divs.—;
Balance available
with
State
represent
.
payments
pfd.
dividend
was
Subs.)—Earnings—
1947
;Common shares outstanding,—
'
and
surplus—
to
P.
8,869
$63,262
6,794
Purchase Additional Stock of Subsidiaries—•
on
Earned
165,
and
expenses
oper.
Net
contingencies—
before
Preferred
Federal
income
for
but the transaction
563.
6 Months Ended June 30—
•Earnings before
property to Mohawk Carpet
last February,
Butler Brothers, Chicago
Erov.
14,*741
$298,724
$104,389
—
authority went to Richard E.
F. Hewitt who asked permission to solicit authorizations to
such stockholders in the reorganization without such stock,
being deposited with them,—V. 166, p. 563.
^
Owned Subsidiaries)
1947
—
•admin,
•
rehabilitated and placed in full operation.
The portion of the ordnance plant involved in
Hot
$284,250
3,561
Joseph
Ginger Ale, Inc.—Earnings—
(Including Wholly
Net
Foreign
property
been
•
$59,702
2,180
The
Income
Ordnance
.'The facility, built during the war for the manufacture of ammuni¬
tion bags, will be used
by the purchaser for the dyeing1 of natural
and
synthetic fabrics produced in a plant owned by the corporation.
WAA said
$102,210
stockholders'
Burlington Mills Corp. for $615,000 has been approved by War
Administration, it was announced on Aug. 19.
'
1,812,916
$2,097,167
for
Canada Dry
Gross
•
—V.
taxes
.
of
439,666
deductions—
Fed.
'47
,
$499,368
467,856
—
income
income
12 Mos
.$570,066
income—
Central Maine Power
accrued, $192,613; accounts payable, $659,167;
government bond
purchases, old-age benefits
withheld, $103,072; provision for Federal taxes
on
income
(less U. S. Treasury notes at cost, and accrued interest,
$117,695), $787,087; provision for other taxes, $50,350; provision for
old-age
and
unemployment benefits taxes,
$145,061;
provision
for
casting- returns, $139,698; unclaimed wages and unadjusted credits,
$48,386; reserve for replacement of production facilities, $123,690;
capital stock (348,000 no par shares paid-in value), $4,050,220; earned
surplus, $5,769,042; capital stock in treasury (3,075 shares at cost),
$27,560; total, $12,041,428.—V. 166, p. 51.
deductions
Inc.—Earnings—
1947—3 Mos.—1946
income—
Balance
.
$455,708
1861.
p.
for
203.366
94,671
$581,932
Operating
Prov.
$659,074
-
operating revenues,.
_1—
Total operating revenue deductions
Total
123,263
$676,603
1
deductions—-
Gross
$529,811
127,429
.
r
Period End. June 30—
$223,434
—
Advertising, 'selling, dis¬
tributing
&
gen,
&
meeting originally scheduled for June 16 to
amending the company's certificate of incorporation,
was
adjourned on Aug, 20, for the sixth time. It is now scheduled to be
held on Sept. 16, 1947.
Sale
$549,173
'
■
income
Other
50,000
adjustments
(net)___
income
165,
143,939
200,000
taxes.—
acquisition
Total
654,115
1LIABILITIES—Payroli
'Consider
;
income
Income
•
—:
434.817
147,683
profits
excess
3,063,735
359,158
accruals
plant
144,335
income
on
share
per
and
and
reserve
utility
1946
$4,146,643:
3,423,769
\
Utility operating income——
•
(eel.
improvement of production facilities, $2,000,000; investment in
wholly-owned subsidiaries not consolidated, $35,000; investments at
cost less provision for loss, $1,600; land contracts
receivable, $19,055;
buildings, machinery and equipment (less provision for depreciation,
$3,034,764), $4,236,268; land—plant sites, $111,905; investments in
real
estate
(net),
$168,827; prepaid Insurance and other deferred
charges, $83,131; total, $12,041,428.
taxes
1947
deductions,
Central Louisiana Electric Co.,
and
Burlington Mills Corp.—Meeting Again Adjourned—
A
taxes
9 Mos. End. June 30—
five
income
of
Other
—V.
148,414
—
Federal
and
options should
keep the stock for
'
(
&
accounts,
$6,000,000), $1,019,460;
materials and
supplies,
$898,807;
products finished and in process, $508,025; patterns in process, $86,038;
funds (U. S. %fi» certificates of indebtedness) reserved for
acquisition
option
future
would
3276.
p.
Federal
Amort,
$7,770,070
replacement)
depreciation and replacement—
ASSETS—Cash
payroll
Co.—Earnings$4,755,442
revenue
1946
92,892
-
profit for period
Capital shares outstanding—
$972,410
1,094,456
share
■
$632,464
294,065
outstanding——
2795.
p.
Wyant
1947
Net
curities,
-—___—
shares
Darnings
per
for
Earnings
(& Subs.)—
Campbell,
June 30—
1,133,385,
$1,160,484
563.
p.
revenues
•Net
30,881
tax
tax.)
prof,
exc.
income
165,
income
166,
Retirement
the
_____
Provision
$941,529
$599,734
32,730
a
ri^ht to purchase one
at which new stock will be
price
162,315
$1,369,832
12 Months Ended June 30—
CONSOLIDATED BALANCE SHEET, JUNE 30, 1947
Federal
Capital
v-V.
etc
income
Provision
,
$741,325
27,441
;
—
income,
given
& Cannon Foundry Co.
$3,793,408
2,941,786
oper.
be
——
for
25,819
$2,293,869
deductions-
income
Operating
Association—Rights—
Administrative and selling expense
Interest paid and received (net)-
Operating exps. and other charges-
Net
$1,410,669
$13,802,896
depreciation
Dr4,00l
—„
712,197
$1,362,873
—
Provision
498,16j
$2,268,050-
$1,532,147
—_
income
.
operating income
370,692
588,165
$1,536,149
*
6 Months Ended
Other
915,101
———ZZZZ
Central Indiana Gas
$140,820
will
held,
Campbell, Wyant
Earnings—
.
The line connects at Perry with the Live Oak, Perry & Gulf
already controlled by Brooks-Scanlon, Inc.—V. 131, p. 2383.
other
income
Gross
Gross
The Interstate Commerce
Commission on
Aug, 11 authorized this
corporation to acquire stock control of the South Georgia Ry. Co.
Which operates about 78 miles of trackage between Perry,
Fla., and
Abel, Ga. ■
(& Subs.)—Earnings—
681,807
record date have not been determined,
according to
The proceeds will be used to finance expanded business.—
(Excluding Ordnahce
RR.,
82,045
meeting, held on Aug. 14, approved
additional shares of common stock.
stockholders
each
5,094,944
Utility operating income.
565,910
the
company.
1946
$8,231,853
$2,688,776
47,000
special
a
Co.,
pur¬
1947
taxes on income
Retirement reserve accruals
20,693
Insurance
at
shares
700.000
6,009,636
deductions—
revenue
Federal
-V.
100,000
plan
SEC
$2,668,083
10,810
$146,258
issue
the
the
3,773,478
72,850
stockholders
Net
&
Operating
347,500
;
Under
with
Central Illinois Electric & Gas
Co.—Earnings—
166, p. 367.
The
registered
$9,049,051
1947—12 Mos.—1946
/ $752,460
Cannon
6 Mos. End. June 30—
Subs.)—
on
Fire
18
common
stock.
Underwriter, Davis, Hunter, Scott &
Offering price is $1 a share.
Proceeds will be used to
mining equipment and for working capital.
herein)
139,756
income-.*.
on'Aug.
company
pari
12 Months Ended June 30—
consolidated
$256,648
37,540
taxes
Camden
.
"Transportation
The
($1
Operating
Brooks-Scanlon, Inc.—Acquires Control of RR.—
Buckeye Pipe Line Co.
Consol.
Mines, Ltd., Windsor, Ont.—
Detro.t.
chase
$808,273
deducts.,'
-income
Pr$900,426; total, $124,958,350.—V. 165, p. 3162.
I
not
rev.
—
revenues..;
income (net)
proposal
payable,
(&
be
to
be
422.679
oper.
oper.
Total inc.
'
LIABILITIES—Accounts
>
to
Income
in
$20,545,748';
materials,
Co.
not
1947—Month—1946
Gross income—,
>
Canada
bonus
is
Carshavv rorcupine Gold
3
Registers With SEC—
Other
Net
Other
1947
30.
Power
Non-util. costs and exps.
but
banks and -on hand, $24,956,804; Dominion of
$100,000; accounts receivable—customers (less reserve),
ASSETS—Cash
,
addition,
subsidiaries
revenues—«
" deductions
charges.
sundry
Electric
(Mexican
Total
•,
—
In
provides a salary of $60,000
he is to receive a bonus equal
profits after preferred dividends and after deducting
a share, which extra compensation is not
to exceed
Period End. June 30—
1,914,800
2,336,736
1.
(755)
Manager,
a
Total
2,336,740
$1
California
1,248,004
9,999,606
net
CHRONICLE
than
•
companies)-—,——
General
FINANCIAL
Earnings—
in¬
outstandings
shave
per
•'After
before
4,411,407
the
&
year.
Under a further provision, the minimum
during each of the first three years of his contract
$15,000.—("New York Sun.")—V. 166, p. 563.
pa.'d
less
366,850
(all
shares
of
equal to
$60,000
881,772
456,622
6,134,558
income
Common
«
1,364,647
taxes
come
Net
plant and equipment
on
17,955,432
on
for
Prov.
512,968
3,898',43)
—
sales and sundry charges
estimated Federal and Canadian
Discounts
65,247,921
__
and
beginning Aug.
3'/(•
sum
a-
583,917
:—
Other
President
year
to
$
131,504,956
17,371,515
_
COMMERCIAL
Countries, $42.00
per year.
foreign subscriptions and advertisements must be made in New Yor* xunas.
.
,
Reen^*
4
COMMERCIAL
THE
(756)
Mcs.—1946
1947—3
PorirvH
Period Fnrl June 30
End. lime JO—
^-Hoq7
$67 371
$301,920
44,607
lSWOl
167,513
10,585
10,159
52,726
is
Net
Income—
$15,609
186
$12,003
,161
$65,455
658
acceptance
with
filed
or
trustee
the
ot
on
before
or
Sept.
Gross
$15,423
$11,842
$64,796
ether inc..
and
15,940,265
1,869,762
1,993,401
Other
than
Misc.
taxes—
Fed.
$49,945
recent
for.
other
any
1,475,201
income
deductions
offering
The
stockholders
to
unsubscribed
600
will
shares
at this time.—V.
manner
165,
shares were sub¬
be disposed of in
100,138
not
Net
$421,674
392,635
and
income
Phenomenal
$138,931
325
$1,172,195
2'064
$1,540,638
$139,256
21,908
$1,174,259
$1,540,604
260,003
269.541
(net)
Federal
adding machine
since April, 1946, when it was placed on the market, plus increasing
production capacity, have induced this corporation to expand their
national selling facilities, according to J. W. Stallings, Sales Manager.
$4,762,318
3,221,680
income
oper.
Non-oper.
$5,249,367
4,077,172
$29,064
taxes—
$412,027
273,096
$29,039
25
revenues
Corp.—Reports Record Sales—
Clary Multiplier
1947—12 Mos.—1946
1947—Month—1946
Period End. June 30—$
Oper. exps.
3,124,178
2,800,288
$4,708,530 $14,902,365
$12,164,164
185,425
187,915
323,276
255)767
to
corporation
COLUMBIA
3049.
p.
applicable
$5,751,243
GAS
Administrative
Owrating
1,296,812
$5,936,668
$4,520,615 $14,579,089
$11,908,397
&
ELECTRIC CORP.—
Central Vermont Public Service Corp.—Earnings—
■
t2,306,307
income
income
Balance
the
Of
scribed
,,
Mos.—1946
$62,639,938 $51,781 427
35,155,452
27,079 031
4,462,657
4 351 062
f5,055,346
5,386,882J
12,572,427
1,880,744
income
taxes
Subscrip¬
1947—6
$27,539,185 $22,440,932
mainten.
Federal
2*08.
p.
rev. &
Operation
22.
Subs.)—Earnings-,
COMPANIES—
Depreciation and deplet.
564.
p.
(&
1947—3 Mos.—1946
tions—
$50,513
568
165,
18
following days, to all
rejection of the plan.
the
within
mail,
their
for
be
to
are
to
Cincinnati & Suburban Bell Telephone Co.
income———
Net
—V.
trustee
ballots
ballots
166,
the
StjBSID.
Gross
MM
deductions.*—
income
Gross
interest
Columbia Gas & Electric Corp.
Ap¬
Plan
$47,373
$59,102
$11,104
899
$13,666
'.743
oper.- income
Reorganization
—
Judge
stockholders
The
—*V.
Non-oper.
City
Period End. June 30—
directed
He
ass
ass
as
Y.
N.
Edward A. Conger in New York, N. Y„ on Aug.
signed an order formally approving the trustee's
revised plan
reorganization of the above company.
$255,887
3,693
S£Stffnr' r2tS-JKOperation
Federal
194G
12 MCS.
1947
Co.,
Monday, August 25, 1947
proved—
INCOME
STATEMENT OF CONSOLIDATED
COMPARATIVE
Childs
(& Sub.)—Earnings
Central States Edison, Inc.
CHRONICLE
FINANCIAL
&
Sales
for
of
excess
growth
Clary
new
exceeded
1947
of
during
period
full-year
any
the
of
months
six
first
the
sales
in
$2,500,000,
166, p. 368.
war.—V.
the
in
or
and
Interest,
Miscell.
243,794
expenses
other
303,792
481,415
566 991
taxes
fl52,938
220,226
1296,109
charges..
etc.,
724,318
349,329
726,028
3,966
1,449 238
43,677
1,454)333
10)l09
$4,649,740 '*$3,274,535 $12,396,004
Sl$9,547,84j
income
(C?-)_..
19,547
Conscl. net income...
CONSOLIDATED
INCOME
STATEMENT,
12
MOS.
ENDED
JUNE
1947
income
Gross
int
deductions
and
22 004
taxeslll."
for Fed.
Prov.
-
Coca-Cola
Quarter
281,000
CT2.000
425,200
42,000
$9,060
166,
$633,256
13,092
Income
$820,513
157,102
■
1946
$24,181,792
charges—
Operation
1945
$21,299,074 $23,453,561
11,280,953
13,733,478
13,893,232
Net
interest
$8,306,549
dividends
A
3,770,000
,6,060,000
74,743
profit
Class
Electric Co.— Note Issue Approved
The
on July 25 approved the sale of $1,250,000
of notes to Pennsylvania Mutual Life Insurance Co.
Proceeds will be used to finance construction of plant
5,512,000
—-
$7,510,953
$7,673,478
Federal
450,000
4&0.000
450,000
$7,856,549
$7,060,953
4,113.665
Surplus
$1.76
—
additions and purchase
"? Certain-teed
of equipment.—V. 166,
subsidiary
owned
wholly
Ne6t^aineshSEnded JUne3°7-
For
the
first
dends
and
all
Colonial
the
For
senger
'8,246,427
The
13,430,322
Other
profit
income
Gross
Frov.
(net)—
profit
on
sinking
Interest
for
U.
profits
lund
Appropriation
to
214,967
Balance
transferred
1,176,598
contingencies.—
Preferred
66,719
165,
$1.78
Co.—Plans Reduction
in
ings
under
25%
the
due
to
111.,
Oct.
15%
denture
vote
Total
Sinking Fund
Aug.
of
is
1961.
ruch
Trust
and
bidder
interest
80%
its
the
of
bank
the
will
'•1
1
•
earnings
Trust
cut
State
the
15 that the Bank of
Savings
fund de¬
in
America
the
was
in
monthly
.
.
12
from
the
»
Equipment Issue-r-
For
to
The
of
decision
of
a
.
favcrable
and State
for
Federal
and
Federal
of
A
Judge
extension
$105,000,000
decisions by
purchase
Transit Co,
(1)
of
month's
the
Philip
the
to
bond
legislative
for
courts
Chicago
bodies,
the
the
of
Transit
Metropolitan Transit fAuthprlty
Act of
approved
April 12, 1945.
(2). Metropolitan
Transit
from
the
city
of
Chicago
overwhelming vote in
(3)
Public
Chicago
■
Time
to
Transit
operation
Co.
(5)
Plans
(6)
purchase
Feb.
Purchase
companies
tt
U.
for
Court
15,
of
the
approved
1946.
15,
by
17,
approved
security
26.
14,
Linos
previously
Appeals
!
Transit
d®
6
*
b
spread
^
t
to
•
be
comhig
week °f selling,
wlr<; 60i,d* and
over
0n
i
m
from
all
according to a
interest and the
offered
parts
of
the
Co.
4,
spokesman
large
ended
Harris
sales
and
an
campalgn'
Immediate
moderni-e
income
record
1
and
Sept.
July
facilities, talent/lines,':
1946
sale
of
-
The
or
was
stock
V.
decision
for
the
of
date
facilities, etc
and
with
$1,000 000
satisfactory feature
syndicate, is the wide¬
sales
to
a
broad
to
cover
eastern
midwestern
base
cities
and
of
the
west
,?S,
^k'SSL h"L by
o/sai'oOO.OOO °to 'Scfc'by'sept'S &OnL
(oil
(net)
has
under
also
29*'46
—
-—;
$1.38
590,616
tranlpcSion ltoeS.-V?«£ p'TO
for
of
taxes
;—
$4,718,707
$5,212,716
1,799,200
$2,919,507
shalre, from broadcasting
166,
payable
dividend
166,
Sept.
was
paid
payments
p.
declared
20
were
of
24
on
50
to
dividend
holders
May
made
a
cents
in
9,
this
the
per
of
of
50
share
record
cents
on
per
the
Sept.
oper.
exps.
debs.
on
share
A
2'/a%
the
same
dates—
1947
8,409,270
1,480,493
1,773,417
Maintenance
State,
of plant
local and
Federal
income
Separate
—
acquisition
adjustments..
miscellaneous
and
return
excess
Co.—Earnings
Operating income...
income (net).——
consol.
...
68 068
1 881 132
2,433,033
Crl,344,702
return..
...
Net
after
from
requirements
165,
934,472
$3,617,289
shares
p.
2409.
$0.80
2,000,000
.16
$0.64
$7,814,900
$0.64
1947—3 Mos.—1946
1947—12 Mos.—1946
$1,278,426
$5,518,089
$5,089,789
1,214,985
1,080,323
4,730,134
4,392,739
$184,133
$198,103
$787,955
$697,049
75,420
52,778
223,504
140,512
$259,553
$250,881
$1,011,460
$837,562
—56,451
50,392
207,136
198,429
$203,102
$200,489
$804,323
$639,133
114,550
114,550
458,202
458,202
and
expenses.
miscel.
oper.
available
etc,
deductions
Net
for
»■
;
r____
income
Dividends on cap.
*—
—V.
165,
stock
3164.
P.
Edison
Co.—Weekly Output—
Electricity output of Commonwealth Edison
Company and associated
companies, excluding sales to other electric
utilities,
for
the
week
ended Aug.
16 showed a' 9.9%
increase over the
corresponding week
a
year ago.
Following are the kilowatthour output totals of tne
past
four
weeks
and
percentage comparisons with 1946:
Week
Ended—
Aug. 16—,
Aug. 9..*
Aug.
1947
$4,399,987
441,325
% Inc.
194,802,000
.
166,
9.9
200,978,000
188,437,000
183,594,000
186.131.000
182,652,000
6.7
204,344,000
...
665.
p.
$3,175,965
^3,751,947
&
prove Transfer of
The
was
transfer
of
authorized
8.4
8.0
the
a
the
Co*
of
the
Corp.—Stockholders'
corporation
directors
Under
move.
Southern
Southern
the
Aug.
21.
proposal,
$3,000,000
in
and
its
will
there
orized but
for
the
unissued.
Investments
shares
Co.
500
be
to
of
its
to
the
in
this
new
approved
in
will
of
Co.
to
transfer
of
four
River
stock
shares
Electric
to
deliver
to
(par, $5L
Southern
auth¬
will
that Southern
subsidiaries, and
additional stock.
transferred
will
Southern
common
stated
been
recently
Savannah
additional
has
It
the sale of
shares
5,000,000
financing of its
provides for
would
be
.
Southern
new
investments
in
turn,
10,000,000
addition,
the
SEC
Commonwealth
cash
companies plus investments
Cherokee Land
Co.
In
Commonwealth
to
The
operating
and
ap¬
Assets to New Southern Co.—
assets
by
funds
raise
connection
subsidiary
by
the
Its
plan
parent
include 3,775,000 shares of Alabama
Power Co. common- 2 500 009
of Georgia
Power Co. common;
410,000 shares of Gulf Power
common;
450,000 shares of
shares of Savannah River
company
of
$1,450,034.
Commonwealth
retires
Mississippi
common
Southern
its
Power
plus
company
outstanding
Co.
and
common
demand
would
notes
be
that
of
divested
after
preferred.
•>
Payment of Preferred Dividend
Authorized—
The
Securities
648,041
.,
1946
207,142,000
—
2__
■
to
be
of
the
and
$3
payable Oct.
Exchange
Commission
on
dividend
1
to
Aug
19
weekly
in
as
1946,
hour
output
of
*
electric
energy
of
r adlUfited t° show general business
for
the
tveek
ended
served
293 156,894
week
kilowatt
Aug.'
compared
an
the
approved
recently declared on the preferred stock
holders of record
Sept. 10 (see V. 166, p. 464).
Weekly Output Increased 13.04%—
The
territory
Balance
—V.
25,330
$5,334,459
840,775
pfd.
$3,814,900
.16
$1,399,118
taxes—
taxes
interest;
payment
on
.32
merchandise
other
Balance
$5,309,130
15,604
deductions
income
Dividend
$4,442,460
$4,458,064
income
income
1,675,677
98,859
1,879,613
taxes.—
profits:
Other
Gross
7,378,768
1,306 801
.2,050,159
Federal
basis
Reduction due to inclusion in
Total
1945
i__—____ $20,134,261 $18',707,906
,
*
$1.12
$0,80
$7,818,566
revenues—.
and
operating
&
its
Depredation
PerSh.
3,888,631
Community Public Service
Co.—Earnings-
such
1946
Columbus and Southern Ohio Electric
j
Total
for
of
Period End. June 30—
common
9.
52.
Operation
SHARES
1946—
50
year.
year
12,223,256
$13,703,531
156.
p.
Total
—V.
Corp.—Additional Dividend of
dividend
value.
net
prov.
after
co.
Commonwealth
Aug.
on
subsidiaries,
little
.63
2,000,000
Commonwealth
per
Pictures
its
Act.
$1.43
$9,818,566
____
$3,200,716
$1.86
for
of
former
2,012,000
—
——
American
charter
its
Bankruptcy
Per Sh.
7,708,337
retire.
parent
retirement
399,506
192,444
on
30,
respectively.
and
'
—-
the
June
include
of
are
1937
$5,020,272
$1.70
per
income
requ.
inc.
21,726,830
6,471,937
7,736,986
$4,521,799
taxes
*
net
Bal.
12,963,507
25,359,323
ended
corporate
Federal
was
for
required
$9,357,
appointed
computed
period
less
been
not
Federal
provisions,
this
repealed
assets
Total
$17,526,903
debentures
of
$38,208,724 $33,618,545
;■
and
represent'g parent
Net
13,202,644
and
do
the
been
whose
for
$28,328
ACCRUING
TO
OF COMMON STOCK
net income
Portion retained
by subs.
—V.
been
months
The
been
their
and
have
have
three
statements
file
basis
INCOME
s
x
Consolidated
Like
last.—V.
—~196,908
,<—
period
additional
to
Chisago major
NET
would
subsidiaries.
trustee
a
12 Mos. End. June 30—
Total
amortization
12 Months Ended June 30—
Total operating revenues
passed
the
give definite
is
by
OF
to
1947
$124,495
were
Co.
in bankruptcy have
Kentucky Drilling Co.,
SUMMARY
Co.
most
punched in key
expanded
15,
1,
operations and $819,share, from record manufacturing operations
during
period.—V. 165,. pps. 2274 and 1997.
both
Amort,
to
its
01
Power
stocks
corporation has been
expect
of
the
$51,411,368 $46,582,052
—
Federal
for
directors
an
stock,
1947.
country.
individual
For
income
Co.
and
held
are
preference
the
consolidated
a
months
which
returns.
Trustees
3714
'
share
per
$0.48
The
by
of its kind ever
public, he added, and the
excellent
undoubtedly due to the fact
that the bonds are
offering a generous return
lb
assets
quarterly dividend
preferred stock of no
June 28/'47 June
i
Federal
Columbia
for Chicago
U. S. District
had
Power
Fuel
and
of
changes.
ori
amounts
individual
and
preferred
subsidiaries
six
July 23
two
T liS 4iS ?ve of the largest sales
to
the
Aug.
of
.
21
the
participating
directly
Hafl
Inc., has
of
income
before
Earnings
033, or
$43,000,000 of Chicago Transit
volume
sale
confirmed
Appeals*
1.947
first
NOTE—Consolidated
Fuel
usual
of
April
2,
a
S
entered
1947.
Aug*
the
holders
Jan.
and
^Calculated upon the 1,711,352 shares of $2.50 par value 'stdck out¬
standing as of June 28, 1947.
tOf the 1947 net income shown above,
$1,936,26.1, or $1.13 per share, was realized fjom the
company's broad¬
casting operations and $983,246, or $0.57 per share, from its record
manufacturing operations.
These net income figures
compare
with
SEC
response thus far is
fax exempt,
while
week
week
tNet
*
i
U
Sales figures and nationwide surveys
the bonds are receiving an excellent reception,
large:t single order from an
an
i»stltution $2,500,000.
the
■
depreciation
for
Similar
Court of
,L
a
..
Jan.
j
a,5S tbe fjrst
and
to
1
on
stock
participating
'
Income
confirmed, by
Rfi'nm TraXneitSi£n t0 S,^' 30' 1947 of deadline date
Court
and Chicago Surface Lines granted by
SoSn ln»rt
Oct.
-
from
for
Provision
1947.
°f u- s- Circuit
April
the
on
—
Miscellaneous
and
ni
Supreme Court
of
its
for
the
1947, the corresponding figures
and
income
plans
the
by
the
these
aggregate amount so provided
the subsidiary companies and
for
than
of
of
to
and
for
The
less
basis
co.
quarterly dividend
$17,526,903 $13,703,531
Federal income tax
effect
returns
taxes
corporation
Cents—
Surface
tmU5Cw S5. P*fns ,and affirming orders
,S; if rict, Court uPheld by u- s- Court of
hv
f°irt Court
by it S. District P"rchias® of Chicago Rapid
U. q
Feb.
holders
1947.
tt
rtpnlfri hwHV°«s f2r revIew
denied bv U. 8.
by
give
tax
such
Total
the
<a' Tva?•i?r purchase of the Chicago
S. District Court
June
from
$2,381,683,
approved
to
corporation
income
a
retirement
refinancing.
tThe
'
•
Balance
1945.
companies
the
regular
common
share
per
share
disbursed
discount
Rapid
its
.
companies
two
$1.78
shows:
1946.
plans
May
two
cents
payable
■
etc.
Provision
Chicago Surface Lines and
June 6, 1945 bv Illinois Com¬
approved
Commission,
(4) Plans for purchase of the
Aug. 13, 1945.
the
debt
adjusted
Net
of
merce
District
and
reflect
the
Amt.
the
par
Operating expenses end cost of goods sold
Selling, general & administrative expenses
by
4,
$1,161,690
$2.03
commissions
Chicago
to
88,710
$1,315,714
agency commissions, record
returns, allowances and discounts—i.
„
series
,
and
all
no
74,970
....
...
above
715,393
—_
declared
the
on
per
were
records,
Illinois-,- general assembly
" '
.
have
1313.
p.
Gros^'inc.
Authority Act and franchise ordinance
Chicago Transit Authority approved
referendum June
ownership
Rapid
'
the
....
income
979,057
669)943
2,91o)55»
24)946
2,900,532
income figures have been
restated, where necessary, to
operations
of
companies
disposed
of
during
the
period *
by the income statements.
Fixed charges and
preferred and
preference dividend requirements of the
corporation, have been adjusted
Columbia Broadcasting System, Inc.
(& Subs.)—Earns.
Aug. 11, to
Authority for
unbroken
an
and
812,314
100,728
*
on
Authority
Lines
51,061
(est)
share-
26 Weeks Ended—
j
;
Transit
net
'
(Cr)__
;
3714
cents
value,
165,
Ry.—Asks
government
decisions
surtax
..
share
amounts
'1 ;;\
Sullivan
climaxes
Surface
recapitulation
L.
and
(est)
common
of
1214
Sept,
..
Chicago
issue
8,388
55,835
Income tax
directors
per
par
Authority—
a
income
charges
covered
except
taxes
per
dividend
Chicago Surface Lines—Unbroken Series of Favorable
Decisions for Chicago Transit
marketing
Miscellaneous
$2,016,854
166, p. 665.
Net
grant
12,348
-
profit
cents
Company has issued an invitation for bids to be received at
Its Chicago off'ce
up
to noon
(CST) Sept. 3 for the purchase bf
$1,560,000 equipment trust
certificates, due in equal annual amounts
from Oct. 1, 1943-1957.—V.
166, p. 564.
,'The
$2,008,466
$2,284,591
—
904,683
t576,043
fixed
Bal.
cars.
.(The
.
$2,272,243
$21,833,196 $18,238,144
CORP.—
taxes
other
Columbia Baking Co.—Dividends—
1.8%
to
M
•»
other
and
American
profit
5,185,240
$22,361,114 $18,699,715
527,918
461,571
corporation...
ELECTRIC
and
in¬
finance
passenger
Omaha
&
248,073
normal
Earnings
National
installments
.
Minneapolis
48,827,491
7,474,970
208,148
9,497,511
dep. & amort, of prop, plant & equip.
income
—V.
successful
agreement
certificates.
the
road
with
$3,994,800
payable
expenses—
deductions
Net
&
payments
defined
as
Francisco,
administrative
5,756,006
taxes
expenses
earn¬
larger amount.—V. 166, p. 266,
San
68,007,078
—
and
to
&
Interest
$508,965
'47 June 29,'46
$80,024,905 $58,519,075
income
Income
Quincy RR.—Sells Certificates
furnish
Paul
authorize
sinking
4%
would
'
Chicago; St.
on
Harris
purchase price of eight locomotives and
'
to
sales
Principal and interest are
J, 1955.—V. 166, p. 563.
Bids
1946.
$2,500,000
net
Association,
conditional
1,
is the
announced Aug.
Savings
for
proposal
a
company
consolidated
Chicago Burlington &
The company
on
the
The
$100,000, whichever
or
Oct.
of
trustee
1,
28
payments based on consolidated net
indenture dated
Chicago,
bentures
will
the .'.inking fund
GAS
Federal
accordingly.
June 28,
income
Federal
stockholders
Bank,
general
Operating
$1.03
Payments—>•
The
compared with
Stores, Inc.—Earnings—
Ended—
goods sold
for
Other
Candy
reduction in
of
Prov.
30,547
stock.*
common
period
in
243,000
2923.
p.
Chase
■
of
the August
profits
deductions—
applicable
Administrative
*The
July.
of
resorts
sales
Selling,
$1,712,321
33,750
486.000
—
share
per
days
17
Weeks
Net
$2,917,123
;
——
dividends
Earnings
9,903 passengers in
the
excess
...
Income
8,155)303
7,194)080
1,115)288
—
exclude
17
Laurentian
Colonial
26
300,000
surplus
dividends
Common
—V.
earned
to
per
Fed.
COLUMBIA
for
Cost
i>
after
$2.75
or
days of August Colonial Airlines flew 2,760,332 pas¬
an increase of 34% over the comparable period of July.
income and excess
for
earnings
Increased demand for transportation
Canada, plus traffic to Glens Falls in
connection with the Saratoga racing season are
largely responsible
for the increase, according to the
company.—V. 165, p. 3392,
25,717
—;———*—
reserve
net
$11,306,083,
$2,955,638
2,226,664
debentures
(est.)
1947
were
carried
in
the
to
$2,929,921
$5,506,568
62,781
*——
—
-
S. and Canadian
taxe3
$5,291,601
—
of
Airlines, Inc.—More Passengers Flown—
first
miles,
line
7,910
Operating
half
charges
50,367,934
...
tax
income &
■^Consolidated
$23*59348,028 $16^6406,743
----
$1.91
taxes
income
Balance
$90,717,560
62,589,582
7,793,881
17,488,469
depletion
profits
Miscellaneous
4,113,665
taxes, class A divi¬
share, compared
with $10,381,675, or $2.52 per share, in the
corresponding part of 1946.
—V.
135, p. 70.
companies)
-
4,113,665
——
^
266.
p.
*
share—
common
pel'
,
shares
common
Earnings
Corp.—Earnings—
Products
(Incl.
Number
for 'common
than
and
30
1946
$105,989 052
maintenance
depreciation
excess
Gross
$7,223,478
$1.72
Other
for
income
Federal
-Century
stockholders
and
Provision
157,102
563.
p.
1947
30—
taxc3
Minority
^requirements
—V.
$75,348
'3,092
income
after
June
earnings
Profit
Net
Co.—Earnings—
Ended
Gross
deductions
Special
SUBSIDIARY COMPANIES—
Gross revenue and other income
increase
-with
of
259,339,443 1
33,817,449
14.
for
1947
the'
or-13.04%.—V
•
-
r
•
subsidiaries
condiitons
of
amounted
to
corresponding
166-
p
665
Number 2623
166
Volume
THE
Consolidated Edison Co. of New York,
The
company
Aug.
on
20
announced
that
Inc.—Output—
System
output
of
elec¬
(electricity generated and purchased)
ior
the
week
endimr
Aug.
17, 1947, amounting to 199.000,000 kwh., compared with 183
VOO.OOO kwh. for
the corresponding week of 1946, an increase of
8.3%. Local distribution of electricity amounted to 184 400 000 kwh
Compared with 173,000,000 kwh. for the corresponding' week of last
tricity
-
EARNINGS
$
Depreciation
______
7,626,233
11,849,607
48,344,510
5,344,600
17,013,800
restraint
It
income-
Gross
12,666,509
13,327,066
48,563,257
57 294 435
Int.
Other
discount
debt
of
65,486
115,139
403,327
•3,210,642
3,647,674
48,966,584
14,112,223
per
(M cu. ft.)
gas
steam
(M
unti-uu^t
there will be no
Act." '
suit to block the
Declares 75-Cent Dividend—
The
subsidiary.
Aug. .15 filed with the SEC
on
with
between
capital
The
will
of
funds
and
the
greatly
Increased
volume
as
of
lbs.)
'
and
William
Blair &
(Including
Co.—V.
Wholly-Owned
36,434,727
$2.22
8,277,118
46,142,780
Sales
14,200,912
14,185,720
Selling, administrative and general
Cost
of
Sales,
1946
$4,455,025
6,800,524
4,108,099
565,286
483,410
$978,039
Dr3,006
*$136,484
10,090
expenses
income,
net
70,860,311
31,373,589
Operating expenses—
Maintenance
Depreciation
Taxes,
$
Provision
'
eral
29,672,572
6,377,233
6,600,233
28,555,933
28,942,933
9,769.846
39,650,590
38,269,587
4,629,000
14,493,000
Net
26,631,349
10,196,311
2,950,000
Federal inc.
____
tax
Operating
(est.)—
income
14,317,000
10,751,650
income—
Gross
41,111,871
3,035,519
misc.
11,762,597
44,147,390
2,780,951
10,732,921
In
398,037
-
9,479.114
8,853,524
30,843,056
1,965,205
8,705,124
10,842,433
9,924,997
41,312,378
38,313,119
'
1
-
Consolidated Electric &
HISTORICAL
.
456,135
Nil
459,559
$1.11
;
Gas
transactions
MONTHS
12
INCOME
ENDED
JUNE
dissolution
the
of
Maryville
goods
of
assets
stock
and
the
assume
Joseph then will acquire
Maryville, which then will be
Maryville.
liabilities of
Operating
Operating
Federal
of
operations of Spanish
revenues
St.
464.
Continental Oil Co.
income
subsidiaries)
$29,861,099
—
;
Interest
United
Other
income
—
489,703
—
income
Income
—
deductions
___
,
.
Net
oper. *
income
Canadian
&
2,859,448
sale
of
income
5,628,730
7,013,783
7,372,746
2,328,733
911,674
4,620,909
14,593,408
360,075
1,017,924
153,788
105,840
11,766
56,338
_
assets
of
sale
on
2,866,787 '-16,170.389
488,552
712 845
105,840
1,017,924
590,831
■.<
911,674
125,511
5,473,141
;
4,747,155
$3.40
4,682,552
$0.61
4,747,155
$2.02
shares outstdg._
Earnings per share
$3,953,609
—
—
617,668
360,075
4,682,552
$1.17
■
;
INCOME
STATEMENT,
12
JUNE
ENDED
MONTHS
30,
estimated state and Federal income taxes,
gasoline excise taxes are not included in
the amounts collected in respect thereto are
not included
in gross operating income.
The amount of such taxes
paid (or accrued) during the six months of 1947 totaled $14,809,693.
The volume of refined products sold during the first six months of
*Includes
1947
Federal
(Parent
Total
Company Only)
income
$1,990,594
Expenses
Other
225,642
._T
deductions
income—
from
ri,
—
243,131
,
1947
"
Net
—V.
*
income
165,
:
,
——
Cash
Consolidated Gas Electric Light & Power Co. of Bait.
Period. End. June 30
Gas
oper.
oner
revenue*
oper.
Steam
revenues.-
heat.
oper.
revs.
The
Total
oper.
revenues.
8,767,304
2,530,468
35,876,543
5,472,341
9,325,110
7,960,734
1,332,203
Taxes
1,289,594
608,314
—
30,895,750
5,944,592
6,390,135
"
Operating
income
Gross
Int.
&
Income
of
^Portion of
*
•
cn
»
losses
1
bonds
sales
the
of
"
'res.
<
:
transf.
•
'
re-
portion
to $20,088,189 on June 30,
Refinery—
Aug.
on
of
modern
a
crude
oil
Elk
South
for the
process
production
Basin,
Cooper Brewing:
•
has
1,358,422
—
159,403
37,851
33,790
2,358,374
263,083
—
income
account*
'
v
'
Frannie,
on
Co., Inc.—Listing,
Aug.
the listing of
Etc.—
•
which
of
^ Net income
Earns, per
*~V.
♦
7*
166/
i
l
com.
p.
share—
lights to
did
«eld
not
missioner
$7,969,138
$6,905,008
$1.64
$1.19
$5.73
$4.82
..
564.
Natural Gas
of
Co.—Rights Not Taxable—
new common share for each five shares
result in
any taxable income to stockholders,
the Com¬
internal Revenue
has ruled.
The company
is advising
purchase
stockholders
income
$1,709,880
.
^Consolidated
.
$2,234,209
;
to
this
one
effect.
The
ruling
applies, solely
to
Federal
taxes.
Stockholders
Notes
sold
or
exercised
the
-q® c°st or other basis of their
foi
between such common stock
warrants
must
'
The
SEC
has set Sept. 8
for a hearing in connection with the
proposal of the Public Service Corp. of New Jersey to recapitalize
the County Gas Co., a
subsidiary, in compliance with provisions of
the Holding Company Act.
Public Service owns all the common stock
of County Gas, which it will surrender to the latter for cancellation
County Gas would convert its outstanding 8,626 shares of $6 cumulative
preferred (no par) into a like number of new no par common shares
and exchange the new common, share for share, for its outstanding
preferred.
The parent owns 7.460 of the $6 preferred shares.
Public
Service will surrender to County Gas for cancellation $93,425 of the
.
,
5%
income
debentures.—V.
136,
p.
&
demand
and
at
investments
current
Creameries of America, Inc.—Registrar,
Chase
par
Bank
of
the
City
of
New
registrar of, and the Chemical Bank
Y., as New York transfer agent for
value.—V. 166, p. 665.
appointed
York, N.
$1
National
(net)
lower
the
at
of
Products
Fibreboard
cost
at
receivables
Canadian
$2.37
non-
377,875
355,751
30,424,858
J
incl.
timberlands,
truck-roads
3,205,338
24,511,898
4,024,378
4,173,895
camps
—
of water power
amortization)-,
(less
licenses
15,076,667
mainly
consisting
and
345,215
30,502,436
leases, logging
(less deple¬
pulp
amortization)
and
453,574
,
23,366,122
progress
and
Intangibles,
10,117,766
19,125,228
5,186,131
5,186,131
(net)
and
leases
13,830,710
25,874,851
mkt.)
profits taxes refundable
machinery and equipment
in
6,937,825
cost
and
less
or
or
at
6,180,890
2,309,423
u.
cost
Inc.
1946
7,108,774
excess
tion
charges
—
1,063,956
869,013
128,999,501
111,609,209
9,868,481
5,752,937
2,284,009
1,703,198
1,241,742
513,287
—
—
LIABILITIES—
Trade
payroll,
taxes
♦Accrued
&
int.,
&
taxes
timber
payable
other
—
expenses—
income
on
accrued
Other
accts,
construe,
&
Accrued
;
Notes
840,402
purchase contracts
banks
to
Timber
—
„
Other current liabilities
—
669,824
—
265,967
390,523
—._
897,903
1,013,049
(current)
.6,000,000
(non-current)—
purchase contracts < non-current) __—
for Canadian exchange fluctuations—
'
-
•
128,282
2,821,263
500,000
—
price declines & other conting.
2,250,000
2,000,000
Capital stk. of subs, in the hands of the public
$$4.20 cumulative preferred stock—:
—
§$4 cumulative second preferred stock
Common stock ($5 par value)
Capital surplus
1,255,017
1,257,108
35,310,300
35,310,300
11,296,600
17,490,500
Reserves
for
Res;
Earned
invent,
—
——
♦After
11,336,876
10,048,489
6,548,131
34,314,077
25,002,213
111,609,209
$8,015,572 in 1947 and $4,862,175 in 1946
applied in payment of taxes on income.
deducting
securities
12,498,232
128,999,501
surplus
Total
States
to
be
United
tAfter
depreciation of $56,147,779 in 1947 and $53,957,153 in
1946.
^Represented by 353,103 shares of no par value.
((Represented
by 112,966 shares in 1947 and 174,905 shares in 1946, all of no par
reserves
for
Under
Etc.—
York
with certain banks a credit of $20,000,000 was
which $6,000,000 was borrowed oh Dec. 31, 1946, and
$14,000,000 is available if required within two years
date.
Repayment is to be by semi-annual payments on a
agreement
established,
on
balance
the
that
from
of
graduated scale, extending from July 31, 1950 to Jan. 31, 1957, with
privilege of prepayment. Interest on the borrowings is at the rate of
l7/8% per annum.
A commitment fee at the rate of J/4 of 1% per
annum
is payable 011 the unused portion of the total credit during
the two years from Dec. 31, 1946.—V. 165, p. 1453.
Cuban Mining
An
the
time
1946, it was anticipated that, contingent upon the satisfac¬
outcome of further studies and negotiations, Cuban Mining Co.
engage in the business of producing and marketing cemeht in
Canada.
As a result of these studies and negotiations, however, it was
December,
tory
would
"As
the
the
that
cement
been
& Trust Co., " New
the common stock,
project should
venture
not be undertaken.
and no other suitable
alternative except to dis¬
not materialized
has
opportunity has developed, there remains no
of the property and dissolve Cuban Mining Co.
The sale of vari¬
ous
items of plant, equipment- and other property is in progress, and
in due course stockholders will be asked to approve the dissolution and
pose
liquidation of the company.
be
liquidation
determined
value of
until all assets
the shares of Cuban Mining Co. cannot
have been sold and settlement has been
claims, including matters in liquidation. Among
the latter is a claim for dock royalties which the Cuban courts have
decided adversely to the company and in which a proceeding for the
determination of the amount to be paid is now pending.
In connection
made of all outstanding
with
in
this proceeding,
Cuba
and
in
the court embargoed the
order to release the embargo
property of the company
the company was obliged
post a bank guarantee of approximately $472,000 end to ^freeze an
equivalent amount of its funds. The company contends that it is liable
only for a small fraction of this amount, and is vigorously contest ng
the claim.
Due to the necessity of se'ling the acsots and disposing
to
outstanding
can
claims,
time before the com¬
liquidation completed.'
it probably will be some
be dissolved and its
Cuban-American
has
Co.—-To Dissolve and Liquidate—
to the stockholders on Aug. 12 said in part:
Cuban-American Manganese Corp. was dissolved in
statement
official
"At
pany
The
2,261,313
$5.22
deposits in banks—
in exc. of market—
receivable
accounts
&
not
cost,
(valued
in
Other'
of
1545.
apportion
common stock of record June 20,
and tfie warrants on the basis of
r>rvalue on the record date, June 20.
Eased on market
pices
prevailing oh that), day the Commissioner states that 3.648%
w
tne cost
should be allocated to the rights and 96.3532%
to the cost
<« the
stock.—v: 166, p! 564.
' _
3,726~759
1947
hand
secur.
Invest,
344,876
1,382,954
ASSETS—
on
724,353
531,650
SHEET APRIL 30
CONSOLIDATED BALANCE
"The
County Gas Co.—Hearing Sept.8—
latter's
who
82,736
7,824,983
1,483,U33
v.
'
4
157,229
15,053,306
earned surplus
—
concluded
20 that the New York Curb Exchange
240,000 shares of $1 par class A common
172,140 shares have been issued in substitution for a
like number of $1 par common
shares previously listed and 67,860
are
reserved for issuance against conversion of the company's out¬
standing class B common stock.—V. 166, p. 665.
Cr192,128
CY21.636
_
announced
authorized
stock,
postwar
to
was
5,692,000
value.
17 announced completion of plans
refinery at Billings, Montana, to
Montana.
The
will have a daily
It
\
487,943
10,00b,ooii
paid on $4.20 preferred stock
pa^d on $4 second preferred stockpaid on $5 preferred stock
Dividends paid on common stock
Earnings per common share
143,298,898 gallons over
of
Wyoming and
.
of
of real
estate—.
Other deductions
Portion
2,238,431
1,861,775
increase
1946,
& exp.
prem.
&
on
601,651
bonds—
certain
deemed
$9,798,187 $11,764,896
$3,707,805
505,278
pre-
*
on"
166,000
$2,751,641
-
amortiz
'
mium
$9,222,278 $11,104,090
575,909
660,806
$3,541,804
$2,611,932
139,709
Other income
an
period of
which has been developed in the Elk
Cat Creek, and several other fields
new refinery will cost approximately
$8,500,000 and
capacity of 7,500 barrels. The plant
and
a
tank farm with a storage capacity of approximately 700,000
barrels of crude oil and refined products will be located on
a tract
comprising 100 acres in the southeastern part of Billings.
Contract
for the construction of the plant,
which will utilize catalytic crack¬
ing, catalytic- desulphurization, polymerization, solvent extraction of
asphalt, and other modern processes has been signed with the Jones
&
Laughlin Supply Co., Tulsa, Okla.
Construction will be started
in the spring of
1948.
Upon completion the plant will supply the
company's marketing territory with high octahe gasolines and a full
line of distillate fuel oils and road asphalts.—V. 166, p. 369.
Basin,
$15,241,907 $13,400,446 $59,896,272 $54,334,568
expenses
same
company
increased
in
Operating
the
Government securities amounted
construction
$10,670,385 $10,150,472 $44,361,235 $41,193,896
4 197
4,327,565
3,084,138
14,199,998
11,990,509
243,957
165,836
1,335,039
1,150,163
Deprec. and amortiz.—
gallons,
670.396,495
for
and
To Build
lp47—12 Mos.—1946
1947—3 Mos.—1946
revenues-
and
and
1947, and $18,612,432 on June 30, 1946.
Bank loans and purchase
obligations
were
$1,916,884 on
June 30,
1947, which amount was
$10,929,585 less than the total of these obligations on June 30, 1946.
(& Subs.)—Earnings—
Electric
for
oil
state
charges
was
the sales
$1,521,820
1997.
P.
provision
and
operating
555,531
inc
on
5,766,318
4,068,920
8,119,944
Capital
Net
2,936,539
3,951,663
income59,610.683
Net
Profit
taxes
Total
Dividends and other inc.
243,131
49,167
250.000
plan, past service benefits-
Net income transferred to
Notes
$4,196,740
—__________
company—
994,228
14,087,662
payable to banks
inventory price declines
States
Deferred
664,189
.
1,245,109
—
for
52,927,996
assets
deductions' (Br)
'
Net
.
Income deductions of
75,119,189
income——
on
Other
$4,860,929
subsidiaries—
of
28,007,446
costs-
Profit
Gross
$
70,687,969
$4,371,226
Z
13,093,434
Minority stockholders' equity In earnings, prin¬
cipally Pacific Mills, Ltd.—
and
deprec.,
develop,
Intang.
Utility operating income-
$
$
' •
37,341,638 102,355,110
surrendered leaseholds
•
776,152-
24,826,124
(net)
notes
on
,
40,522,135
expenses
Depletion,
1,460,979
3,921,073
26,071,233
Provision
1947—6 Mos.—1946
55,453,190
income
oper.
&
taxes,
admin,
1,964,790
accruals—
reserve
$
*
-
9,380,555
4,096,256
income
Land
(& Subs.)—Earnings—
1947—3 Mos.—1946
operating
♦Costs,
22,064,103
taxes
amortization
Gross
75,288,236
11,613,662
Total
tBuildings,
Period End. June 30—
deductions
revenue
Retirement and
and Philippine
102,459,450
86,931,639
amortization
income
Construction
1947
$
102,074,559
384,891
778,642
Operating
Invent,
p.
30
1946
127,797,241
449,082
—
Dividends
of
APRIL
outward
allow.,
Dividends
Joseph also proposes to sell $990,000 first mortgage 2%% bond,
due 1976, to three insurance companies at 101 and $300,000 of 2'/a%
2-year bank loan notes to three| banks.
The proceeds would be used
to
finance
the
company's construction
and
expansion program.—
166,
disc.,
sold—
and
approves
common
*
(Exclusive
ENDED
Depletion
asked to sanction
SEC is
among
Electric
consider
that they will
(& Subs.)—Annual Report—
—_
SEC
quarterly divi¬
would
128,246,323
of
♦Govt,
STATEMENT
30,
directors
inc., net, excl. of deduc. for deprec.
Operating expenses
other things, would result in
Light & Power Co., a subsidiary
the
12,
Aug.
which,
St.
Co.—Earnings—
CONSOLIDATED
Cost
Cash
V.
returns,
rail
•V
75-cent
a
Dividends
of
Continental.
the
*
.
on
the
*$225,814
dissolved.
♦Including dividends from subsidiary companies.
tRepresenting por¬
tion of certain items charged to surplus squivalent to estimated result¬
ing reduction in provision for Federal income tax.—V. 166, p. 665.
*
of
oper.
shares
7,794,058
gasv(M cu. ft.)
going
while
Total
the application, St. Joseph Light & Power
Co., another subsidiary of Continental, will increase its authorized
($100 par) common from 35,000 to 45,000 shares and transfer 17,712
common shares
to Continental in exchange for all 17,712 outstanding
34,972,998
2.131,425
(M
$510,980
1.
joint application filed
a
If
Cr478,851
kwh.)
elec.
Sales of
of
854,101
5,294,000
Crl44,472
—
income
848,413
1,723,000
272,594
should
cents
75
was
that
said
etc.
Retirement income
series
the
and
900,000
of
350,000
income
on
—
sidiary—
a
charge——j—
Int. chgd. to construct—
Net
Income
Continental Gas & Electric Corp.—Dissolution of Sub¬
11,671,203
deductions—
of
company
also
99,421
NOTE—Net current assets at June 30, 1947 amounted to approxi¬
mately $4,916,000, of which $870,000 represented cash.—V. 165, P. 3050.
52,313,451
2,379,333
tSpecial
Sales
*$126,393
114,053
♦Loss.
3,103,330
debt
exp.
$975,033
.
Capital shares outstanding
Earnings per share—
Other int., amort, of debt
discount and
_!___
—
depreciation—
49,210,121
212,955
13,156,484
,__
long-term
on
11,549,642
2,404,834
income—
Non-operating
Other
Other
67,396,703 281,149,711 267,935,314
28,673,211 127,665,745. 110,564.324
6,174,771
——____
income
for
Provision for Federal taxes
other, than Fed-
'
Int.
'
9,211,528
—______
net
freight,
Depreciation
$
declaration
the
was
board
the
to the extent and
however, explained
not be interpreted
payment of dividends quarterly
earnings permit."
It was,
$
1947
income
Total income
Operating revenues
It
policy,
1947
$8,343,849
sales, excl. depreciation—
Operating
and 75 cents
1946,
of
that
current
basis.
matter
Subsidiaries)
Domestic
—
Other
1947—12 Mos—1946
-
the
amounts
Crown Zellerbach Corp.
INCOME STATEMENT OF COMPANY ONLY "
$
a
quarterly, it would not be correct to assume
paid quarterly in the future.—V. 166, p. 564.
166, p. 369.
6 Mos. Ended June 30—
♦Representing portion of certain items charged to surplus equivalent
to estimated resulting reduction in provision for Federal income tax.
$
"as
16,
Dec.
on
Continental-Diamond Fibre Co*—Earnings—
9,184,824
50,442,666
1947—3 Mos.—1946
$1
that
announced
meaning that
be
'
Period End. June 30—
last,
10,
1946.
consider
the
June;
CONSOLIDATED INCOME ACCOUNT YEARS
Cr478,85l
2,461,803"
to
on
dividends
31,621,856
11,972,935
2,925,283
15,
75 cents per share,
29.
This compares
Aug. 19 declared a dividend of
stockholders of record Aug.
on
10
paid
directors
the
that
written.
Forgan & Co.
Sept.
$1.20
June
on
registration statement
a
directors
payable
dend
offering
proposed
2,079,575
13,459,710
Sales of
Steel
9,603,202
2,257,924
Sales of
S.
"consequently
government's
$1.80
kwh.)
(M
U.
a
and
meaning of the Sherman
the
5,334,000
share—
com.
is
the
of
in
a
premiums
1,383,467
1,857,000
Crl44,472
8,160,854
elec.
1,375,505
335,801
•
income
of
interest"
within
tionship
de¬
900,000
Earn,
six months' peak in crude production was established by this
according to an announcement made Aug. ib by A. T.
Proudfit, President, in a letter to stockholders.
Net production, plus
purchased royalty oil, for this period amounted to 104,598,359 barrels,
or an
average of 577,891 barrels per day.
This represents an increase
of approximately 9.5%
over the corresponding period of
1946 and a
slight increase over the last six months of la46.
Production is cur¬
rently running at about 600,000 barrels daily.-
District Court at
S.
1946
1^47
$52,331,000 $42,314,000
$2._4
$1.59
share
per
A ft&w
will first be made to common stockholders in the ratio of
one
new
share for each five shares held.
Unsubscribed stock will be
purchased by a nation-wide group of underwriters headed by Glore,
460,499
Sales
In U.
brief
a
Corp.—Earnings Rise—
charges and taxes
corporation,
Offering
;—-
Net
Earnings
100,000 shares
($10 par) common
stock.
It is stated that issuance of the additional shares Is to increase
the capital and
surplus of the company so as to improve the rela¬
57,811,436
15,138,093
•Special charge—.
Int. chgd. to construct.
„
public
trade
Columbia
covering
and
misc.
and
exp.
ductions
filed
15
Petroleum
6 Months Ended June 30—
Net profit after
Continental Casualty Co.—Registers With SEC—-
517,001
13,442,205
long-term debt_
int.,
amort,
of
on
Aug.
on
dismissal
The company
12,731,995
—
Creole
Called.
(closed)
first
The government's reply brief is to be filed by Aug. 28.—V. 166, p. 665.
'
income
Non-operating income-
to
of
asked
sale.
17,145,100
Operating
4'/2%
15,
Del., contending "there has been no showing" that its
acquisition by Columbia Steel Co. would be "detrimental or
prejudiced
46,654,877
3,589,600
(est.)
tax
inc.
corporation
proposed
-
12,392,617
eral income___
Fed.
1947—12 Mos.—1946
than Fed- *
other
Taxes,
March
Wilmington,
76,056,056 322,828,529 307,160,565
30,598,708 141,158,570 121,201.091
7,041,842
33,680,459
30,341,129
7,894,233
34,067,933
34,523,933
80,904,408
34,290,563
_
outstanding
dated
This
*
10,338,886
Maintenance
the
mortgage and leasehold
1941, have been called for redemption on
Sept.
15,
1947,
at
101 Vz
and
interest.
Payment will be made at
The Canadian
Bank
of Commerce
in
Toronto, Montreal, Winnepeg,
Calgary, Vancouver, Hamilton or Halifax, Canada.—V. 158, p. 387.
STATEMENT
1947—3 Mos.—1946
Operating revenues
Operating expenses
of
5
(757)
CHRONICLE
Consolidated Steel Corp.—Files Brief—
CONSOLIDATED
*
Period End. June 30—
FINANCIAL
&
Consolidated Press Ltd., Toronto, Can.—Bonds
All
bonds
increase of 6.5%.
an
year,
COMMERCIAL
Manganese
completed as of Dec. 10. 1946,
and l/95th of a share of
cash
for each of the 950.000
Freeport Sulphur Co.,
Corp. v?as disso1^
and a liqu dating d ^d®"dnRof,^tr?b2tid
Cuban Mining Co^ stock was d«trib'Jt™
shares of
as owner
Cuban-American M^gane e .9^
of
stpc£
approximately 94% of the common
8
(758)
stock
THE
of
Cuban-American, became the owner of the
the capital stock of Cuban Mining Co.
percentage of
same
COMMERCIAL &
FINANCIAL
CHRONICLE
Monday, August 25, 1947
Douglas Oil Co. of Calif.—Stock Offered—The Pacific
Calif., Los Angeles; Cruttenden & Co., Chicago,
Ebasco
-
Co. of
BALANCE SHEET
OP
MINING CO.,
CUBAN
DEC. 31, 1945
and
Brush, Slocumb & Co., San Francisco,
ASSETS—
Cash
in
banks
Accounts
and
hand
on
offered
•—
receivable
Inventories
Prepaid
(at
cost)
average
—
•—
oqr'ic7
-
Proceeds
.
insurance
—
15,121
->•—
Total
G.
payable and accrued expenses
Provision for taxes and contingencies
Capital stock (par $50)
Total
t-V.
-
Eastern Corp.
.01
$241,421
6
578,404
-
sales
Cost
of
special committee is
attempting to determine to what use approx¬
working capital should be put, Guy W.
Vaughan, President, stated at the annual meeting held on Aug, 20.
Current net working capital
of the
company is
about $110,000,000,
with
$60,000,000
of
required
for
current
operations,
of
from
Coip.,
Products
Victor
other
Co.,
reduction
will
of
have
of
an
precision parts,
over-running
and
spring
company
is already operating
investments in about 2V2
"interesting
windshield
of
situations"
Wright-designed
make
alreddy
under
are
LGS Spring
turbine
gas
consideration
engine
is
at
transport
brakes, these propellers
he
use,
he
now
are
contributing
in the
stated.
tests
propellers
well
as
development,
he
disclosed,—V.
reserved
—
Gross
&
revs.
other
inc.
$7,162,815
4,135,524
Taxes,
other
income
Federal
than
Other
income
Federal
exc.
tax
1,983,780
Res.
Gross
income
for
$1,296,925
$5,496,675
charges
on
$682,906
U.
reserves
843,560
income
—
$1,152,007
*
$1,083,832
112,503
$4,653,116
1,111,895
167,900
Net
1,569,000
Other
5,600,964
$809,867
future
—V.
:
105,
$1,015,995
$971,329
inventory
17,662
'
3,417,470
2,503,753
3,476,680
—.*_——_—
—
—
Department
Net
U.
S.
Treasury
anti-trust laws.
violation
*
District
General
Court
alleging
for
Tom
the
agreements
Clark
Notes,
tAfter
deducting
Net
of
on
District
the
of
filing
New
in
York
the
of
ten
$564,000
General
Income
of
17,052
283,776
183,070
308,333
295,643
2,510
38,664
21,285
394,236
347,840
34,414
420,902
400,173
$93,570
$1,245,627
13G
*238
$1,362,993'
*2,633
$90,607
$93,706
14,646
15,637
$1,245,389
186,022
10,449
83,246
214,093
60,083
$976,121
$1,086,184
$91,419
'"812
'
—
Total
,*__,
1946
competition.
Rubber
Manufacturers Associa¬
Rubber Co., Firestone
ber Co.,
Tire and Rub¬
General Tire & Rubber
Co., B. F. Goodrich
Tire & Rubber
Co., Goodyear
Co., Lee Rubber & Tire
Corp., Seiberling Rubber
U. S. Rubber
Co.
Co.,
The defendant corporations are:
tion, Inc., of N. Y. City,
Dayton
—■
-
—
$75,961
-
extraordinary
$83,246
in
12
$67,621
reduction
months
in
ended
.—***_*
INCOME
,„J
in
3393.
p.
Net
Auto
Lite
with
Bond
&
Co.
to
Several
to
a
rubber
industry
finish the anti-trust
officials
£«£*?,ress5d "amazement"
incredible
and
filed
that
against
they
would
%
Federal
income
Other
and
"surprise" and called the
"preposterous."—V. 165, p. 2133, 3393.
«»
Delta Air
Lines,
The
an
corporation
Net
$28,517,.
8>
increase
over
July^ passengers
?r
that
its
June.
Dr$2,962
»
ACCOUNTS
(INCL.
totaled
44,064,
of
1947
1946
$472,638
$419,272
254,846
201,967
18.595
14,817
compared with 40,562 in
June,
Revenue passenger miles
amounted
527,433 over the June total of
34,389
18,000
26,490
...
and
Federal.
1,750
189,535
$6,278,136
$4,293,119
95,435
111,175
$94,455
deductions
bank
106,963
91,095
1,011,484
885,603
47,177
—.—
47,177
$920,439
$599,352
$4,576,026
loans_-
—
the
preferred
stocks
Charges to this
the
to
three
were
reserve
months
provided
for by the
preferred dividends
for
ended
March
miles.
& Electric
Co.—Seeks Additional Loan—
The corporation
Engineers Waterworks
The
company
for
of
Corp.—To
Co.;
E.
Philadelphia.
•
„
&
EARNINGS FOR SIX
Gross profit
—
Operating
Provision
JUNE
for
Federal
^cuSriuIsS 's779
cosU
insurance
nsurance,
tax
income
and
tax
H
Rollins
Proceeds
for
'
&
will
Sons,
be
The
securities
used
John
Stock
Exchange.
The
shares
Curley, Board Chairman and
M.
are
creation of
for
other
respectively.
Debentures-—'
notification
and
Stroud
working
or
C.
are
&
Co.,
and
capital
public
the
with
Underwriters
water
a.:|.
otherwise ap¬
C./
Inc.,
pur¬
164,
utility
com->
2017.
p.
Fedders-Quigan Corp.—Stock Offered—Van Alstyne
Corp, after the close of trading on Aug. 20, made
secondary offering of 100,000 shares of common stock
(par $1) at $11.50 per share, less a commission to NASD
members of $1 per share.—V.
165,
3284.
p.
Fifty Broadway Building, Inc. (N. Y.)—Transfer
Agent
being
The
President
3283.
p.
of
of
Inc.,
1K
retire¬
Noel
Corp., Baltimore—Files With
Manufacturers Trust
transfer agent, for the
OF
S302 fl9.
"
JUNE
30,
21
$0 67
1947
shares
(priced
of
164
«■*»*•. *34.926;
Itock"""^?000-'
p
2689
Net
the
cuv
tha
Co.,
common
New
York, N.
Y., has been appointed,
$10 par value.—V. 136, p. 4277,.
stock,
a
deductions—
nf
vrnn.
-v*
,
New York
stock,
$2,620 606
$2,956,663
T
B. V.
:;
G. & E. Co
$1
cos.
above
par
,
has
been
value.-
(other
E.
U.
Balance
—V.
/
15!415
$1,642,224
\
purchased
166,
Stock
$1,541,730
263,350
-
$1,805,081
171,278
f
2,262,087
5,679,946
-.83,474
94,723
487,312
proceeds will
94,678.
422,312
981,630
847,804
513,467
487,231
1,006,126
960,374-
343,000
621,800
499,80®
721,144,
Operating
Gross
income...
miscel.
'<
379,916
912,708
$1,451,290
—_
$1,329,141
137,620
$2,552,489
(net)*
inc.
64.066
(after
tax
.
Bal.
reduc-
'
"
y
,
453,878
—1-
Pfd.
stk.
Per
earned
divid.
shr.
of
$1,893,930
.
.
resulting
to
from
stock
loss
ASSETS—Property,
has
been
oversub¬
be used to reduce bank loans and
for additional
working capital.
Company's business
consists of fabrication
of all types of steel
tanks.—
V. 166, p. 665.
Cash,
ligations,
at
136,800
$1,817,361
$1,656,072 "
80,000"
.'^^'-$0.98
terials
002
and
debt
issues,
in
process
rspecial
JUNE
$1.4^
taxes
.
SHEET
160.000 »
$1.65
Federal
30,
inqoma;
on
'
.
•
1947
equipment, $50,890,450: investments,
deposits, $8,465;
U.
S.
Govt,
ob¬
$25,000;^accounts
supplies
discount,
in
136;80®n.
160,000
$0.91
Reduction
plaM^Hahd
$825,698;
cost,
1,143,916
$1,519,272.
sale-of .property.
on.
155,329
$1,738^600
1,032,348
$995,018
$1,081,478-
estimated
$2,663,188
-
$1,643,661
173,700
require;80,000
com.
-•/
$2,676,009
608,544
$858,218'
'
surp.
.
$1,466,762^
$1,061,478
credit
202,24L'
*
•
$1,515,356
deductions
to
$2,460,947
123,520
re-
income
"Special
''
^
491,207
—
income
fleeting
Income
$1,661,562
232,368
Colo.—Preferred
Co., Omaha, Neb., on
issue
4,454,653
-
535,500
Other income
•-
Co., Denver,
The
\
85,151
tion indicated below)
Aug. 11 offered 2,500 shares
(par $100) 4M>% cumulative
preferred
par.
-
•
depreciation—
$530,939;
at
1947—12 Mos.—1945
,
resale
CONSOLIDATED BALANCE
$1,633,802
267.
'
Fed.
county &
Federal taxes
$1,763,935
V' '■
'
Offered—Kirkpatrick-Pettis
Finch,
for
Net
interest
Products
H.
$5,307,163 $11,849,422 $10,039,398
2,994,423
for
24,721
,
Metal
G.
for
-
p.
for
——-
purch.
State,
24T27
$1,541,730 * $1,661,562
*
Eaton
Wm.
V.
for
SEC
Prov.
427 001
A.
income—.-
and
the
Subs.)—Earnings—
.
to
of
.•
"Equivalent
Expenses, taxes
(&
than
$2,215,063
393 588
22,842
applicable
behalf
1947—6 Mos.—1946
-
Maintenance
$1,686,283
Eastern Utilities Associates—
as
Corp.
(electric)$6,558,352
exps.
resale)
77,652
/
—
Power
revs,
Elec.
741,600
:$1,564,572
minority interest
Earnings of subsid.
733,124
77,652
—
Applicable to E. U. A.**
on
with
-
elcc.
336,056
.
$2,051,228
112
$135,101
7
stock
common
filed
was
Prov.
$2,784,352
$169,756
34,543
80
deductions:
Inc.—Files With SEC—
notification
company, of which 400 shares will be sold at S4.25
shares at $5.50
each
without underwriting.—V.
166,
Period End. June 30—
1,859,751
$158,039
——*—
pari
of
the
150
465.
Oper.
Oper,
618,505
2,003,811
$231,556
61,800
30,006
of
and
Florida
,
$201,000- $2,313,031
30,556
471,320
$188,125
amortization-*
BnallC,e
each
letter
a
.
1947—12 Mos.—1946
151,444
60,308
14
($1
Subs.)—Earnings—
529,866
-
Telecommunications,
Aug.
shares
President
,
49,831
$248,433
accrls.*
Gross income—**—
div.
col¬
p.
(&
$198,789
49,644
(net)
—*_____
res.
Balance
a
On
550
$1,025,625 $13,509,319 $12,237
517,
623,349
8,662,611
7,138,654
174,554
revenues—
income
and
in
use
'
oper.
scribed.
»
common
$1,115,356
39,127
Balance
.
damaged
Finch
this,
':
1947—Month—1946 "
,
awarded
Government
2291.
p.
702,887
stock
Corp.—Transfer Agent—
of
163,
15
lor
re¬
de
msilViofat
coSmo™
V.
Government
$494 147-
»»*
surplus, $1,475.647; total,
»2,802,025.-V
1591;
Utilities Associates
Non-subsidiary
U. S.
v,& le' $397,333; inventories
(PrePald ln5UranC,!'
Aug.
$532 893
contingencies—230,000
.....
on
.
contingencies—,
*
Mass.,
was
p.
inc. taxes)*
Applicable to
h\banks> $383,275;
Chase
National Bank
appointed
transfer airent
nf
V. 166, p. 665
164,
revenues
Non-oper.
174^670
-
__
(453.600'
Boston,
Taxes (incl.
Int.
'
"ccrued
Divco
of
York
Operation
'
stock
2®ljece
stock
$24,946
a
Steel
Maintenance
Misc.
(claims, vacant land,-cash
value
etc.), $41,956,
property, plant and eauinment
rafter
depreciation and
amortization of $736 701)
capital
additional
panies.—V.
Steamship Lines, Inc.—Awarded
$1,100,000—
Judge Healey in
Eastern
,
1947
—————1111111
and
SHEET AS
9r>Sn
$69" 007
Slo2h5"eCS
earned
30,
profit
BALANCE
serve
ENDED
nS
Federal
$2,752,541
23,888
.
.
Period End. June 30—
Pfd.
Earned per share of
common
ft
Corp.—Earnings—
—*—
Net profit before
Net
Brass
MONTHS
*,
profit
...
behalf
Retirement
administrative expenses
other income
_
-
„
and
Stainless
Company.—V. 165,
Operating
'
on
Aug. 20 applied to the
Securities and Exchange
permission to borrow
$200,000 from the Equitable
Assurance Society of the
Life
United States to meet
the need for funds of
three of its
subsidiaries.
The corporation plans
to advance
the loan to its
$175,000 of
subsidiaries to replenish their
working capital and make
payments on overdue
indebtedness.
The remaining
retained
$25,000 would be
by the corporation to meet
current
expenses.
P- 464.
See V
166
Selling
of
Issue
Aug.
14 filed a letter
4%
debentures due 1971.
on
$125,000
Collings-&
,
lision.—V.
for
Detroit Aluminum
*_—**.-
1947 and 1946 were)
the
12
months ended
$765,159 and $1,059,917, respectively, and to
31, 1947 and 1946 were $3,944,910 and
$5,410,623,
166, P. 370.
$48,834
23,719
$32,728
*
31,
March
47,852
$56,447
deductions
3165.
p.
Federal
.
Commission
563,880
31,760
237,308
—V..
$96,696
38.008
of
Pi.ar^f'
August indicate this Vice-pl'esident of traffic,' said early reports for
month will show a
further increase in
business.—
166, p. 267.
Derby Gas
536,486
28,441
the
SEC
corporation, $1,100,000 as "just
compensation"
the
steamship George Washington, which
of
V.
•
2,134,726
of
44,923
39,976
income),.**—™**.
.
$1,968,858
271,615
income
reserve.
___
state
\
on
$2,082,500
4,193,886
accordance with the restatement of accounts as of Jan.
preferred stock dividend requirements to the date of
income
the
/
1947—12 Mos.—1945
$517,500
461,658
437
—
on
plicable
showed
as
nn«rce^se.of 2,®°2 passengers.
0 in July- an increase
passenger
business
the
ment
$4,629
SUBS.)'
46,766
New
Traffic Rises—
passenger
and
Eastern
,cS
15,500,082
July
cash
NOTE—In
23,888
;
Aug. 5 a letter of
notification was filed with the SEC
cover¬
ing 4,300 shares of
common
stock
to
be
sold
at
market
throughfacilities of the
sold
Inc.—Passenger
reports
in
3283.
p".
$979,595
taxes—
taxes
Interest
12,815
On
action
20%
pay
165,
438
expenses
chase
SEC—
-
'
$1,363,107
income
Other
—
fight
them.
of
$364,710
Co.—Earnings—
845,169
—
——
——_—
Eastern
declared
charges
1946
and
*
' 1947—3 Mos.—1946
$517,500
income
income
offered
interest.—V.
Share
End. Mar. 31—
income
Gross
income
165,
May
'
years
ten
Electric
5,770
23,719
-
other
parent company
—V.
of
1947
on Aug.
7 bid $4,250,000 for the old administration
the center machine shop at the former
Wright Aeronautic
vast plant near Lockland, Ohio.
~
\
Electric
Period
14,267
14,141
165,
COrp.'s
Interest
—
,,
Industry to Fight Charges—
1,
company
The
80,996
7,862
15,100
——;.
taxes,
Balance
month
May
.
Total
$1,360,360
i
100,111
—
™*_*.
—
tAfter
Dividend
$20,757
—
(incl,
*
subsidiary
price
amortiz.*
and
balance
$142,365
allocation
eliminating
»•
$4,010,115
1,420,393
1,799,697
1945,
taxes
Gross
&
building and
of
$157,972
Depreciation
S.
action
prices,
$4,455,081
25,000
(net)——
charges
This
.
2,507,892
2,732,538
Company Only)
*
*_____
revenue
Operation
discounts, allowances, bonuses, classi¬
customers, uniform warranties,
guarantees and adjustment
of sales to
states, county and
ment
municipal govern¬
agencies; limitation on production
of specified
ail for the
types of tirespurpose of
fication
policies;
taxes—
income
Other
—
,
income
Gross
the
U.
an
1947—12 Mos.—1945
$315,521
124,200
Electric-Auto-Lite Co.—Bids for Plant—'
Corp.—Earnings—
Quarters Ended June 30—
and
of
immedi^
production
expedite
3283.
p.
278
revenues
1946.—V.
57,665
,
-
—
Maintenance/
announced
Southern
in
$12,861,561 $12,145,904
.
Attorney
a
36,188
——
*Loss.
3,413,330
-
1947
earnings
earnings 1—;
deductions
Total
on
Aug. 18 charged eight major tire
manufacturing companies, a tire tradeassociation
and
officers of these
organizations with price-fixing in
of
36,628
income
$10,449
cal
—
in
CONSOLIDATED
Justice
and
,
part
the
250,000
Taxes
Dayton Rubber Co.—Anti-Trust
Action Filed Against
Eight Auto Tire Makers—
The
income
oper.
Net
2,309,000
■
tube
as
26,667
—
taxes
Interest
158,537
250,00
—
*
.
expand
that
authorized
1947—Month—1946
-
68,310
f
2,137,000
(par value $10 per share)—L—*
Depreciation
$3,382,042
'
had
i
77,000
08,349
Operation
450,011
$4,179,595
3392.
p.
21.^
$571,632
180,780".:
1, 1959—
price decline
—I——.
*_*.
stock
stock—
——
bonds due Oct.
Maintenance
473,520
^
12,855
announced
165,
$386,721
1
*_
—_
Balance
Other
$12,861,561 $12,145,904
———-
—*——*
Quarters End. June 30—
$3,832,053
136,012
to
division.—V.
156,877
Balance
income
(Earnings
946,973,
dividends
$2,000,000
revenues.
t Federal
214,000
6,850,714
purposes*-
6
company
2,023,903
—
Net
Preferred
989,336
1,580,696
S.
Gross
213,093
of
battery
Depreciation
AmorCiz. of franchise—
Treasury notes at June 30,
1947 and $231,000
at June 30,
1946.
flncluding bonds callable Oct. 1, through
sinking fund, $200,006
in
1947 and $172,000 in 1946.—V.
165, p. 3165.
990,000
216,348
storage
Aug.
on
the
program
Maintenance
—
2,471,551
——
.
—U*
President,
Period End. May 31—
1946
1,093,973
L
-i.
common
3%%
$5,769,027
_**—l
Interest and other fixed
Edison,
Operating
255,000
,
59,^,94
{.< El Paso Electric
Co.—Earnings-
30
22,000
:——
on
liabilities
possible
"Invested
2,193,000
$1,368,355
JUNE
$491,595
"
Eastern Minnesota Power
charges
191,957
72,149
Edison, Inc.—Plans Expansion—
expansion
Special
—_1
payable
Total
1,812,331
2,801,200
**_
.
Special
136,577
AT
'
682,000
*
SHEET
.—
construction
Capital surplus
458,232
—
in
expenditure
its
137,032
Earned surplus
688.100
taxes—
profits
$340,253
136,699
-
accrued
Other
499,528
_*
in
—
taxes
fFirst mortgage
$27,867,884 $24,301,445
15,624,354
12,562,161
457,555
1,961,874
1,709,927
Fed.
ate
16,767
.
Dividends
■1
3,142,433
471,309
43,293
$662,123
—
-
Fed.
$6,037,145
mainten.
and
for
217,333
as
183,000
—
BALANCE
-
payable
1947—12 Mos.—1946
deprec.—
Operation
Provision
;
hand
LIABILITIES
Dayton Power & Light
Co.—Earnings—
1947—3 Mos.—1946
general
11,111
.
for
tAccrued
Common
Period End. June 30—
40,069
—
pulpwood)
logging operations
assets
Accounts
•
Co
Corp
not include the system inputs of any
companies
both periods.
(Thomas A.)
383,000
—
stock™*,
on
•■
Pet.
client
Charles
—
income
on
reserves)
air-
3050.
p.
—-
——
(except
and
Total
to be
as
-
165,
(less
Amount
4.
and
pro¬
and
$583,313
Plant, property and timberlands (less reserves)-
backlog of the company is approximately
$150,000,000,
the'Wright Aeronautical Corp. total of $48,000,000 for
including
$1,096,303
appearing
the
58,170
1947
banks and
*,
1946
services of this particular nature, heretofore
rendered
operating companies, are being discontinued, no further
report of System inputs will be rendered by Ebasco
Services, Inc., it
was announced.—V.
166, P- 665.
409,383
35,924
1
—
Treasury notes
"Funds
he
Light
Light
Operation
Inventories
current
duction
debt
CONSOLIDATED
Pulpwood
&
&
1947
$525,143
-
safety de¬
in the military
as
.....
S.
Power
Power
Inasmuch
to
4,704,209
$1,0C0,379
—
—1
Miscellaneous
additional
an
—
—
taxes
common
Corp., as
follows
as
]
deductions
on
Receivables
Clutch
Functioning. also-
commercial
added.
U.
and
present,
undergoing
now
Cash in
Mar¬
profit and would
he said.
Several
a
its
vice of similar application
The
not
474,604
—
—
Federal
Light
were
Increase—
Operating Subs, of—
$5,638,735
5,701,868-
expenses-
ASSETS—
man¬
clutch.
at
years,
initial public appearance next month.
The Curtiss
company also produced the first electric
licensed
for
air
field,
general
long-term
Net profit
Dividend
at
out¬
wipers
asserted.
.A
and
of
&
the
of
out¬
1946
$7,236,851
—-
1
14, 1947, the System inputs of client
oper¬
Services Inc., which are
subsidiaries
The above figures do
1947
income
for
.
companies
off
pay
stock
presently
Sub-—Earnings—
k
-
on
Provision
-
manufacturers
and
governors
manufacturers
The
probably
capital
American
operations
Miscellaneous
,
the
or
They are Victor Animatograph Corp.,
motion
picture cameras and projectors;
16mm.
Metal
spindles,
of
shares
Input—
Inc.—Weekly
Aug.
Ebasco
Light Co, and Electric Power &
corresponding week during 1946
(in thousands of kilowatt-hours):
Mr,
t
has "two alternatives
purchased, he added.
textile
such
*___
shipping
Interest
,
Concerning the excess funds, the company
present, the purchase of additional business
standing capital, Mr. Vaughan said.
Three
quette
shares
625
30—
Total
excess
only around $50,000,000
Vaughan explained.
ufacturers
493
of
sold
Miscellaneous
Curtiss-Wright Corp.—Studying Use of Surplus Funds
been
total
Canadian
&
Ended June
'
A
purchase
a
with
of
Power
compared
....
Profit
imately
to
—
goods
Selling,
$1,319,825
4-
—
164, p. 2956.
Months
Net
500,000
—
used
ended
companies
Electric
LIABILITIES—
Accounts
be
Cherry, Inc., out of
standing.—V. 165, p. 1588.
$1,319,825
—
will
H.
Services
week
American
11,500 shares of 5y4% cumulative convertible
first preferred stock
(par $25) at $26 per share.
_C1
——
ating
Aug. 14
on
the
For
(at
call
of
receivable
(net), $782,245; ma¬
£v.e£aije cost), $1,977,913; prepayments, $86,and expense applicable to refunded
premium
amortization
over
a
period
of
less
than
five
$430,786;
years,
d9t?i expense (net of premium) applicable to bonds
in process of amortization over *he life
thereof, $16,249;
deferred debits, $165,498;"
total, $55,739,245.
outstanding,
other
LIABILITIES—Common stock
(par value $7.50 per share), $7,500,000;
on
common
stock,
$1,251,442;
capital
surplus, $1,361,642;
surplus, since Dec. 31. 1943, $1,827,908; 4%
preferred stock (par
premium
earned
value
$100 per share),
$4,000,000;
premium
on
preferred stock,
$7,0805
*
/
/
Number 2623
Volume 166
THE
first mortgage bonds due Jan. 1, 1974, $16,500,000- 2%% fircf
bonds, due Jan. 1, 1974, $4,000,000; 3% first mortgage bonds
March 1, 1975, $2,425,000; notes payable (non-current) $3 023 74k'
Jong-term debt maturing within one year, $231,905; accounts Davable
$839,704; customers' deposits, $541,950; accrued Federal income taxes'
$950,178; accrued general taxes, $368,927; interest accrued SlisVnother current and accrued liabilities, $9,356; premium, less exuenses
on bonds outstanding, in
process of amortization over the life'thereof
$415,820; customers' advances for construction, $171 442- ether de
ferred credits, $30,595; reserves for depreciation of 'property
plant
and equipment. $9,705,225; reserves for amortization ot electric plant
•acquisition
adjustments, $262,500; reserves for additional Federal
Income taxes for prior years, $83,647;
other reserves, $26 059- con¬
tributions in aid of construction, $89,050; total, $55,739 245—V
166
'33^
stock
mortgage
Co.,
warrants stated
who
ment
objected
the value
dividends
the
on
HISTORY
19, 1947,
June
the
President,
Fry,
said
shortage
the
of
Portland
$33,689
$0.44
of
the
satin
fabric
rayon
Co.,
Ltd.—Sells
Control
of
165,
Ber¬
General
the
Aniline
18.
Aug.
He
mittee.—V.
3,192.953
1943
3,906,810
Corp.,
elected
also
1945
of
Florida
and
Signal
the
stock
common
Freres
&
Co.
Paul
Webber,
Jackson
11,000
Marks & Co.*
this
company
nounced
The
.
Aug.
on
19.
***_
*_*_
them
and re-erect
in
remove
its
own
an¬
Selling, gen.,
adm.
Extraordinary
present
OF
*—*
*
Operation
Inc.
from
Other
the equipment and machinery have a reported total cost
to
the
government
of $300,000.
The equipment has no peacetime
Utilization in its present location.
I
The company said an expenditure of approximately $100,000 would
Net
dismantle,
to
necessary
devices.—V.
re-erect the
and
move
;
v.
.
$6,447,488 $12,042,421
3,973,874
7,667,110
672,469
1,286.268
19,995
With
the
Consumer
ing
■
..
this
of
putting
within
television
reach
121,
v
.
the
of
.
$3,089,042
63,744
$816,516
13,925
Dr63,652
(net)
by
Net
*
.
average
659,000
1,195,862
President.
in the company's
"
V.
"The
some
cbmimon stockholders held
General
on Aug.
$593,082
$4,418,634
$4,649,884
55,285
76,974
709,046
926,048
33,076
198,459
198,450
$302,141
$3,511,129
$3,525,37T
$351,669
32,361
3394, 3052.
,
Inc.—Earnings—
Canada and England)
(Including subsidiaries in
13,127,744
94,491
1946
1945
$47,050,408 $56,590,752
5,816,066 11,675,956
162,787
129,365
$13,222,235
$5,978,853 $11,805,321
30—
1947
operating revenues— $69,067,028
6 Months Ended June
.
excess-profits
Quarter Sales Up 12%—
1947—3 Mos.—1946
1947—6 Mos.—1946 $16,258,310 $14,521,662 $31,820,162 $29,137,420
31—
2926.
p.
;
and
sales
Net
unused
or
"Profit
operations
from
income
******—
—*.—*—*—.
demand
for
flour
overseas
"Net
the
enabled
has
entire
time
to
short
a
at
markets."—V.
terminal
166,
466.
p.
following
statement
was
the
critical
shortage
by
20
Accounts
steel,
Interest
particularly flat rolled steel,
and close a number of
during the last week of
*
.
Taxes
September.
$6
^.-"Advantage will,be taken of this shutdown period to take annual
inventories in
such.,.plants .which
the
usually taken
are
•?
date
the
General Portland Cement Co.—Stock Offered—Lazard
$4
but
is
the
for
account
of
pertain stockholders who will receive the proceeds from
-
•
-v
•
to
list
the
stock
common
the
on
New
York
Stock
Exchange.
-
iransfer
agents,
Harris
Trust &
Rational Bank, New York.
yo. ot Chicago,
and
Savings
Bank,
Chicago,
City Bank Farmers Trust Co.,
CAPITALIZATION AS OF
JUNE 30,
•
Chase
New
par)*—_*.
1,750,000 shs.
to Purchai?e Shares of Common Stock:
~ 42,4&0V»
York.
1947
Authorized
^°mmon stock ($l
Aiffl
and
Registrars, City National Bank & Trust
Autnorized—No. of shs. purchasable
"Outstanding
(999,998.43 shs.
42,480V3
onJuly 2^' 1947> 68 additional shares of
'adriiti
Jionn
common stock were
the exercise of warrants. It is expected that
?£al £haras of common stock may be issued from time to time
tne
reason
exercise
of
additional
1,800,000
539,900
8,600
660,300
70,290
539,900
stock
1,097,401
1,097,401
44,382
208,424
Drl7,675
18,303
$4,412,821
assets.
Other
net
warrants.
tThe
income '_*—*
*—
gain on investments
*—*
*
******
*
;
value,
$100
per
share. -
£tock purchased for retirement (at
General Public Utilities
■
The
electric
output
of
(189
8,600
660,300
70,290
shares $6 dividend
preferred
cost).—V. 165, p. 2277.-
301,790
493,926
$80,829,032 $70,513,357
Total
payable
accounts
Accrued
Preferred
for
the
week ended
15, 1947, amounted to 134,278,615 kwh., an increase of
or 12%
over the corresponding week of 1946.—V. 166,
Aug.
14,386,901 kwh.,
p. 666.
—.
$2,822,881
—
3,685,336
containers***———*
1,330,760
—«———
*
for returnable
Deposits
declared*.—*—
dividends
foreign taxes on income***
Advances and accounts payable (contra)***——
U.
S.
and
Total
5%
reserves
—
*****
preferred stock ($100 par)
(2,711,336 shares, no par)
cumulative
stock
Common
Capital
surplus
Earned
*
——*
9,619,400
16,945,850
1,375,702
109,360
6,072,949
462,390
8,685,051
9,619,400
16,945,850
24,796,980
(at cost)—
stock
•
Totftl
109,360
8,475,587
1,109,124
9,398,773
$3,928,749
1,232,731
4-112,456
4,112,456
19,546,194
1,577,475 Drl,577,475
surplus
"Treasury
-
$80,829,032 $70,513,357
common.—V. 165, p. 3052.
„**.*——
preferred and 77,916 shares
Corp.—Stock Distribution Sept. 1ft
shares of common stock will be
made on Sept. 18 for each share held as of record Sept.
16. 194/,
subject to stockholders approving a proposed increase In the author¬
ized
common
stock from 1,000,000 shares to 3.000.000 shares at a
special meeting to be held on Sept. 15, 1947, and filing of charter
'
Hershey Chocolate
The
Corp.—Weekly Output—
corporation
this
533,877
LIABILITIES—
%
"8,706 shares
Total
282,822
„***_-*_**-,
.—.*'-*-*-**:—*.»■
$4,291,809
———
—.****—-
*.———————
462,390
26,788,331
50,083
not consolidated.
********
charges
Deferred
1,109,124
32,967,588
contra)
*******
foreign subs,
in
Investment
■
42,129
——
*
($10 par)***:
net
4,932
value;
par
series**
assets
fixed
160,908
9,918,156
16,362,795
20,591,156
—
—
reimbursable items (per
and
Cash
160,908
9,125,593
*—
distribution
amendment
on
of
Sept.
two additional
16,
1947.—V. 166, p. 468.
.,
LISTING—It is intended that application will be made in the near
•jurure
34,780
«->■-' 1,700,000
——
*
without
dividend
surplus
Realized
offered
Jublicly 100,000 shares of common stock ($f par) .at
jl6.75 per share. The offering does not represent new
the sale.
Inventories
Net
Dec. 31,'46
$16,007,881 $15,004,761
1,020,300
June 30, '47
..
-
-
S.
679
4,541
18,351
(cum.) dividend series—**———*(cum.) dividend convertible series**
—
"Stated
company
.
49,195
$7,312,900
218,720
1,843,394
$2.69
—
——**—
Government securities
Postwar refund of U. S. taxes**
Accounts receivable (net)
U.
■
$15,174
—
(Treasury stock
.
f reres & Co.^ and other underwriters on Aug. 20
;
loan
Undistributed
lor
resumption of work, will be determined by the local managements
#ind the- employees notified as soon as possible."—V. 166, p. 666.
T
the
3,031
449,714
3,878
,17,171
$78,307
—-
.—
(7,433,884
credit of $825,987.
Cash
•*—-—
»
$4,291,809
*************—*
stocks
(cum.)
Capital
.^Motors -Truck & -Coach plants will not be closed during this perjod.Jf^he down; time .for \the individual plants affected and
bank
,
*-*_**.
accrued
Common
'CV'ft has been determined, that Buick, Oldsmobile, Cadillac and Gen-
by
'
,
48,978
CONSOLIDATED BALANCE SHEET
$3,820,368
$4,412,821
$5.50
the end of
near
year.
financing
'
•
—
*
—
accrued
"Preferred
of
*
40" 744
ASSETS—
Dec. 31,'46
—
depreciation)**—******
"•
payable-—*
2'/a%
week
SHEET
J"na 30,'47
war
to
in
LIABILITIES—
Wilson,
E.
C.
August
first
(less
4
'
—
necessary, to reduce'production schedules
•General Motors automotive plants some time
the
BALANCE
1,095,640
profits tax.
dividends
Accounts
Aug.
on
is
or
or
stocks*—*
common
equipment
Total
made
of
-
$3,484,765
S. Government securities.*——
*
711,297
Cash in banks and on hand_*—_
******
165,940
Accounts receivable for securities sold——
24,841
Dividends and accrued interest receivable—,*'.
24,948
...
to
24,223
2,272,428
$3,629,885 $2,898,767
218,720
262,464
1,316,710
1,316,710
Earnings per common share*******
$1.30
$2.00
"After
deducting depreciation and amortization
of $3,456,108 in
1947, $2,162,424 in 1946, and $2,297,763 in 1945, (After deducting post¬
$34,267
15,570
U.
of Its Plants
President;
"Due
gains
ASSETS—•
Investments
"
Close Some
—■—******—
—
COMPARATIVE
Office
General Motors Corp^—To
Because of Steel Shortage—
The
of
corn
,
(bushel
dividends
21,620
10,64r{
5,409,291
117,188
earnings
dividends
Net
'
27,562
*
******
tax********
& exc.
200,000
59,300
—*
profits
excess
Common
$31,501
29,248
———-
******——
**********
Federal
Foreign income
30,299
2,095
losses on investments which amounted
$190,121 in 1947 and $231,981 (after $77,000 Federal income taxes)
1946.
(Includes $1,350 revenue from lapsed options.
come."
have
loan———
*—*
surtax*!
and
Normal
t$90,883
1(485
bank
on
deductions
capital stock taxes
S.
400,000
Preferred
$89,884
35,278
.*—
——
income
"Exclusive
crop," he said, "there
food supplies for both domestic use and foreign relief.
we
interest income**——
and
*—*****
contingencies****—
for
Miscellaneous
U.
1946
1947
expenses
Preferred
will be plentiful
However, wheat
prices (and consequently prices of flour, bread and cereal products,
to the consumer) will not decline greatly because parity and the govV
ernment support prW will probably be in the neighborhood of $2 per
if
Provision
STATEMENT
V
•
income
Total
(general)
Interest
•
,
tremendous
Taxes
He indicated that another huge wheat crop is in the making.
"'Even
;
0301,977
30, 1947 were $4,735,966.
After deducting $1,700,000 bank loan, the balance of assets was
equal to $255.14 per share of preferred stock. After a further deduc¬
tion of the preferred Stock at $100 per share,
the remaining assets
were equal to $2.63 per share of common stock on June 30,
1947. The
asset value for the common stock on March 31, 1947 was $2.73 per
"share and on Dec. 31, 1946 was $3.14 per share.
Dividend
Inc.—Operating at Capacity—
meeting of the
Bullis, President, said
industry to operate at full capacity," Mr. Bullis said, "and
there will undoubtedly be large exports of both flour and wheat for
.
$412,191
—
PP.
165,
Other
COMPARATIVE INCOME
milling
-
loss
net
of
395,000
at market value on June
assets
net
■>".
In'c,, below.—V. 166, p. 466.
annual
months.
>
34,248
Hercules Powder Co.,
166, p. 467.
total
The
19,
Harry A.
that the company's flour mills have
A>een running at close to maximum capacity throughout the past 12
■
$4,452,882
4,026
amortlz.—
and
165,
—V.
General Public Service Corp.—Report—
Corp.—Proposed Merger—
Machinery
General Mills,
At the
V'
$4,682,245
$416,217
2,680
(The) Ilecht Co.—Second
279,453
$522,441
.
$1,956,924
$1,058,496
carry-back
from
6 Months Ended June 30—
5
$409,633
(net Dr)—
Period End. July
$570,558
Cr87,000
profit
credits.-
Vice
Executive
See Lima Locomotive Works,
ft
1,858,780
1,303.068
income
Net
-V.
$538,884
31,674
$830,441
$3,152,786
of,'taxes——
"Resulting
corporation has begun a $500,000 research and engineer¬
by Richard E. Laux,
General
,
1,860,827
1,455,078
Balance
(no
"Reduction
designed to reduce sharply the cost of major components
the television set manufacturers, it Was announced on Aug.
$1,717,496
taxes '_*—
provision
exc.-profit taxes)
taxes
for
•
The program will be carried out
Elizabeth, N. J.,
laboratory and in that of its wholly-owned subsidiary, the F. W.
Sickles Co., Chicopee, Mass., of which Mr. Laux is President.—V.
166, p. 371.
«.
197,809
139,701
113,325
program
.used
21
aim
200,038
16,817
16,776
6,229,707
1.041,044
1,603,906
203,115
revenues-
Special charge
$6,620,978
4.947,047
1,056,464
78,582
$7,565,245
5,625,878
1,122,851
$1,781,149
Operations*
income
income
Inc.
' General Instrument Corp.-^-Begins Research Program
+
1,799,864
1,210,143
$406,953
oper.
Interest
1944
1945
Income before Federal
,
1914.
143,333
130,963
/
1—--
Sales
,
P.
*1
Other income
'production,
..
154,167
Federal income taxes—
taxes
486,322
81,518
7,017,887
109,994
——
Depreciation —
Amort, of plant acquis.
adjustments
Other
$1,397,234 $17,996,719 $16,916,562
605,984
*
Maintenance
1947—12 Mos.—1946
1947—Month—1946
$1,630,633
revenues
location
JVUsed during the war for the manufacture of nitric acid for TNT
Jbe
Co.—Earnings-
Gulf States Utilities
Period End.June 30—
Operating
—Years Ended Dec. 31—
'1946
June 30,'47
*
July 30.—V. 165, p. 2798.
EARNINGS
6 Mos. End.
exps.
costs
reports. borrowing
with four banks,
outstanding to $4,500,000 on
company
agreement
notes
.
Co.—Increases Bank Loans—
an additional $1,000,000 under its
dated April 2, thereby increasing
Granite City Steel
The
loan
aggregate
counts, etc.—*——*
Cost of goods sold*—
13 modern
comprises
plant
.
respective
•
its production
aircraft manufacturing and service
buildings, located on
approximately 36 acres of land.
The main
manufacturing building is 500 by 1,000 leet, with an attached lean-to
50 by 500 feet.—V. 165, p. 3394.
The
of results of operations of predecessor
periods prior to Feb. 19, 1947, and (b)
operations of company thereafter to June 30, 1947]
(a)
companies for
Sales, less freight, dis-
to
Administration
items from their
plant in Newell, Pa.
the
1,500
Inc.
STATEMENT
[Comprising
results of
sold
1,500
First Southwest Co.———
3,500
.*
7,500
Riter & Co.*
•
.
will
purchaser
been
7,500
Shields & Co..
1,500
1,500
Inc.—
Merrill, Turben & Co.
*
Rauschcr,
Pierce & Co.,
Kalmah & Company,
11,000
Laurence,M.
l,50ff
Co
California
First
&
White, Weld & Co.__:_^___
major
2.500
2,500
2,500
Co
H. Davis &
Nashville Securities Co,****
11,000
.__*__*
—*
Equipment-
have
Goodyear company will use the plant to expand
transparent, moisture-proof film and foamed latex.
The
of
2,500
Bqettcher and Co.******
Bosworth, Sullivan & Co..*
20,000
Lynch, Pierce, Fenner
Paine,
producing and handling apparatus and related produc¬
and equipment at the Point Pleasant, W. Va., and
Brook), Ohio, ordnance plants
for $155,000 cash, the War Assets
No. of
Merrill
& Beane
Akron, O.—Buys Plant-—
has purchased for $2,200,000 an Akron, Ohio, aircraft
manufacturing
plant which it operated during the war,
the War
Assets Administration announced on Aug. 12.
Under the terms of the sale, WAA will retain use of 400,000 square
feet of; the plan't storage space which, over a period of 18 months,
would have a rental value of $300,000.
company
Shares
Kidder,- Peabody & Co—*- 11,000
Jack Frye, President, announced
member of the executive com¬
(Plum
aggre¬
No. of
machinery
Sandusky
Mountain
opposite their respective names below,
set
.
acid
*
the
Shares
a
General Chemical Co. of N. Y.—Buys
Nitric
tion
_
1946
371.
p.
6,427,631
5,100,046
3,770,776
4,196,189
6,214,214
1944
666.
ingredient, are still secret.—V. 166, p.
Goodyear Tire & Rubber Co.,
as
was
(Barrels)
1942
3.421,351
__
4,313,147
;
*
PRODUCTION
shear-resistance
the
twice
than
more
danger
formula, and even the basic
The
*_;
Lazard
petroleum and chemical fields, has been
charge
of
research and development for
Film
&
was
166,
for
companies
all
cement
;•
Curtis
for
Portland
of all types of
the past ten calendar years
gating 100,000 shares:
Official—
consultant
private
a
usual types of
of the
production
UNDERWRITING—The firms named below have severally agreed to
purchase from the selling stockholders the respective numbers of shares
the
in
companies
Vice-President., in.
elected
on
Wagner,' formerly
R.
Cary
Corp.—New
Film
Aniline &
General
Dr.
industrial
combined
Total
5,037,386
of
corporation has been purchased by Leonard Ashbach, Presi¬
dent of Leonard Ashbach Co., Chicago, 111., for an announced price
in excess of $1,000,000.
."•>
Mr. Ashbach, the new President and Chairman of the Board, said
the Garod plant will continue operations at its present location.
The
Garod company also will enter the refrigerator field.
Max W. Weintraub, former President of Garod, will handle distribution of Garod
•products in metropolitan New York as head of Belle Electronics Corp.
•
.
consolidation, holders of the common
became entitled to receive, in
exchange for such stock, warrants entitling the holders thereof to pur¬
chase an aggregate of 42,480 V3 shares of common stock of the com¬
pany at $12 per share, during a period commencing on July 19, 1947
and ending at 3 p.m. fCST) on Feb. 19,
1950.
This
;
.
and
1941
337.
p.
1907.
17,
has
that
rivets in anchoring automotive brake linings, and
of rivet-scoring of brake drums, has been de¬
veloped by this company in collaboration with a major auto concern,
it was announced on Aug. 21.
The material,
which is "entirely synthetic," will be used starting
this fall in brakes of the automotive company's commercial vehicles,
and ultimately in its passenger cars, the announcement said.
The
brass
of
eliminates
engaged in
1940.
Radio Corp., Brooklyn, N. Y.—New Control—
Garod
;
below.—V.
Corp.
Goodrich Co.—New Product—
adhesive
new
strength
1920, respectively.
7,
666.
166, p.
(B. F.)
A
$3,944,904 $13,941,400
^
*
*
quarter.—V.
of
liabilities
of other cements such as masonry, oil well and white
1
1939
muda Development Stock—
Hotels
and Aug.
approximately 78.5%
predecessor
stocks
Hilton
of
21.5%
cements.
1938
mobile seat covers.
&
the
assumed
and
1925,
cement,
WARRANTS—Purstiaht to
Withy
there¬
intervals
formed in
was
assets
and
Portland
1937
seriously retarded the company's operations but a more even
of materials is anticipated.
The new factory at Liberty, Ky.,
-which was opened in January, has proven its efficiency and by re¬
lieving pressure on the Junction City, Ky. plant has resulted in very
material savings, Mr. Fry declared.
The company manufactures auto¬
See
of
TOTAL
flow
Furness,
a
business
is principally
types
iollows:
has
-
quarterly
regular
30
1946
1947
June 30.'47
•
$4,414,959
Net profits for the fiscal year ended June 30, 1947, were estimated
at $1.58 per share, divided as follows:
58 cents for the six months
ended
Dec.
31,
1946;
and $1 per share for the half year ended
June 30,
1947, of which 55 cents was reported earned in the last
Delaware, Feb.
statutory consolidation under which it acquired
Delaware, Dec. 3,
company
usual
cement and
1946
$0.61
L.
at
BUSINESS—Company
result of
date
(were.made up
Cal. Year
30, '47
$46,019
and Federal taxes
75,000 shs. of capital
stock
Walter
stock
common
Fiscal Yrs. End. June
3 Mos. End.
'
Sales
the manufacture and sale of
various specialized cements,
such as
masonry cements, white Portland cements, and oil well cements.
For the year 1946
shipments in barrels of the predecessor companies
the
6 Mos. End.
.
by
™ty was incorporated in West Virginia, April
Products, Inc., Detroit—Earnings-
Net profit after charges
Earnings per share on
held
Portland Cement Co., Signal Mountain Portland Cement Co,
Trinity Portland Cement Co.
Florida and Signal Mountain were
The
Fry
Florida
of
/
Florida
,and
above.—V. .166, p. 566.
Cuban Mining Co.
stock
of
AND
as a
that
Freeport Sulphur Co.—Cuban Unit to Liquidate—
See
Gerity-Michigan Die Casting Co.—Sales, Etc.—
i
have demanded pay¬
them.
the consolidation and
to
after.-
incorporated in
*
outstanding are subject to adjustment
Portland Cement
be
to
claims of certain stockholders of Florida
have
of
FINANCIAL CHRONICLE
&
DIVIDENDS—Directors declared an initial dividend of 25 cents per
share on the common stock, payable June 30, to holders of record June
17.
Directors expect to give consideration to the declaration of future
'
465.
and
in respect of
due
p.
COMMERCIAL
shares
of
common
General Telephone
:
Corp.—Registers With SEC—
•
company on Aug.
19 filed a registration statement with the
covering 200,000 shares
($50 pari cumulative preferred stock.
unspecified amount of common also was registered for conver¬
sion
privilege of preferred stock.
Underwriters are Paine, Webber,
Jackson & Curtis, and Stone & Webster Securities Corp., both of New
,York, and Mitchum, Tully & Co., San Francisco. Proceeds will be used
to
finance
construction programs of company's 30 subsidiary tele¬
The
SEC
An
phone
companies
operating
in
17
states.—V. 164, p. 3167.
Corp.—Group Acquires Control of Ber¬
muda Development Stock—
:
A majority of the common stock of the Bermuda Development- Co,
Ltd.
has been acquired from Furness, Withy & Co., Ltd., by a 8rauP
including Hilton Hotels
Corp., Pan American Airways Atlas Corp.
and
Sir William Stephenson
and associates, it was announced
Hilton Hotels
AUfhe18properties
Castle
f
—Week End. Aug. 7—
Period—
1947
Operating
—v.
revenue
166, p. 666.
$75,050
Harbour,
-
1946
$66,375
Jan. 1 to Aug. 7——
1946
1947
$1,552,018
$1,430,314
of the Bermude
Bermudiana, and
Development Co. consist of
the St. George Hotel, and
the
all in Bermuda.
rphunpd
It
is
understood that Furness, Withy & Co. have
of the stock.
This, with the 40% now held by Sir William
son's
aroup,
would meet the requirement that 60% of a Bermuaa
Mid-Ocean
Georgia & Florida RR.—
Club,
r®tained
Stephen^
enterprise
be
owned
by
Bermuda
capital.
The remaining 40
COMMERCIAL
now
held
ican
and
The
Corp.
hotel
will
plan.
of which Hilton Hotels, Pan Amer¬
largest.
ror
mW
a total of approximately 62i5
managed by the Hilton Hotels Corp. ontheAmerinterests,
American
Atlas
and
rooms
ican
by
three
be
The
the
are
properties
have
will
Club
Mid-Ocean
under
continue
its
present
man-
now
open.
Hotel Waldorf-Astoria Corp.—New
Officer—Interest Authorized—
The ' directors
of
Lucius
of
^Only
The
the
Mid-Ocean
Castle
Harbour
mudiana,
which
has
since
been
will
undertake
Hotel
George
Hotel
during
the
St.
closed
by
military
the
All
hotels
work.—V.
(Charles E.)
the
was
used
was
closed.
the
and
Club
166,
are
The
war.
Ber-
personnel
during the
war,
refurnishing and Hilton
need
158.
p.
the
Boomer,
Nrt
profit after
166,
taxes
voted
of
to
the
held
545,776
—
275,968
shares
Co.,
Aug. 11 offered 50,000
(par $1) at $2.25 per share.
The
stock
common
stock which
Cleveland
offered
was
on
as
speculation,
a
oversub¬
was
ORGANIZATION—Corporation was organized in Ohio June 18, 1947.
presently has outstanding G'0,000 shares of common stock,
representing shares acquired by a small group who will be connected
with the company
through its management or through business dealings
Company
it.
same
The
price
the
as
for
public
these
shares
offering
$2.25
was
of
price
of
the
FOR. SIX
ENDED
MONTHS
offered.
the
and
sale
telephone,
also
the
in
light,
equipment
and
gas
industries,
This
for
will
tributors
The
in
certain
credit
on
in
on
of
net
expects
Ohio
that
and
employees.
utility
industries,
and
construction,
and
other
and
acces¬
all of
its
anticipates
manufacturing activities will
that
initially it will have
the
will
company
have
about
outstanding
130,000
shares
stock.
PURPOSE—It
is
contemplated that the major portion
applied to working capital.—V. 166, p. 666.
be
Indemnity
Co.—New
Privately—
in
company,
of
these
pro¬
Preferred
Issue
Planned
letter
The
plan
has
been
filed
with
the
of
the
of
to
stock
The
at
$100
the
new
pre¬
share, or a total consideration of
$4,000,000,
Insurance Co., which
presently owns more than 75% of
Home
per
the common stock.
On the basis of this total
purchase price of $4,000,000 the annual
non-cumulative preferred dividend of
$2.50 per share
will be at the rate of
2Va% per annum.
The company's
surplus as of June 30, 1947 was
$2,258,555 which,
together with a voluntary reserve of
$150,000 and a capital of $1,050,-
000, provided
Home
been
a
Insurance
surplus to policyholders of
$3,458,555.
If a sale to The
Co. of the
40,000 shares of new preferred stock had
consummated
accounts
of
as
that
date
June
30,
ls47,
have been
would
the
changes
voluntary
—-———
$150,000
1,050,000
1,250,000
6,058,555
——
—
—
Surplus
as
net
1944
capital
After Sale
__
The
the
2,258,555
reserve
Surplus.
In
in
follows:
as
Before Sale
General
Capital
of
as
regards
premiums
the
policyholders——
written
by
emount Increased
the
to
in
$150 000
in
1943
Hooker
The
$4,477,276.
$5,084,967; ,in 1945, to $6,006,114, and
Electrochemical Co.—Plans Com.
Financing—
on
company
with
Aug.
for
sale
to
to
raise
programs
The
to
of
filed
Securities
The
purnotes
new
preferred
statement,
cumulative
new
of
filed
preferred
common
one
share
amendment.
Smith
common
The
financing of
made
&
will
shares.
proceeds
will
for
The
Barney
preferred stock,
will
and
be
its
in
par,
June
place
to
of
A,
shares
the
original
will
for
sale
be
used
of
for
general
stockholders,
at a price
filed later.
corporate
the
and
to
purposes,'
on
be
the
filed
earnings and
early
this
the
year.—V.
including
Expenditures
program
current
are
proceeds
166,
being
of
Introduction of- the iron
marks
the
first
upright
164,
cleaners
its
as
1871.
p.
cylinder
July 31—
$2.141'267
761,495
D^WreciatE
Amortiz
M
motors.
'
®
15°lM°
OthETa^R011^ taXeS~
taxes
200
252,971
Other
,
incoi,/6!.?0'""
income
net
167,215
$532,944
2,136
TnSfml5 deductions
Income i"!i0tTV?
$535,080
f$444;826
for the
126,371
1947—12 Mos
1946
M84'292
2'4°°
N.
2,641,366
1,610,389
3,231,359
1,445,822
$4,265,212
55,748
67,171
99,500
—V,
166, p. 468.
"
"
E.
Interest
earned
Federal
the
on
income
Sundry
taxes
tax
of
accrued
the
stock
would
holders
Co.;
shares
Rys.
250
of
of
shares
receive
class
common
A
six
shares
stock
wouli
common
of
of
common
common
Moreau
166,
'
Central
of
of
Corinth
Manufacturing
667.
p.
■
"
'
America—Partial Re^
Vice-Pres.—
1946, *
On
account of
account
Total
surplus
tirement
Capital
of
242,421
collected
or
J—:
income
•
145,974
314,576
335,671
8,235,500
surplus
from
40,264
re¬
98,080
until
all
made
V.
$10,490,192
-
$10,237,408
paid
Nov.
on
Nov.
on
26,
each
while
i»
26.
of
the
Fund.—V.
165.
2926.
p.
10
the
on
borrowed
company
$1,000,000
under
an
agreement
Guaranty Trust Co. and the Ohio National
Bank, evidenced
payable $500,000 each July 10,
1949 and
1950.
Part
notes,
This
used
was
added
to
to
retire
short-term
working capital.—V.
the first public
was
The
tute
net
proceeds
48.5%
retained
bank
186,
loans
and
tha
159.
p.
the
of
by
selling
from
offering of stock in
the
sale
the company's 45-year
the
of
102,000 shares, which consti¬
outstanding common stock of the company, will ba
stockholders, who-will continue to hold 51.5%.
According to C.
the basis
no
the
S. Boothby,
President, the sale of the stock will in
change the management, policy or personnel of the
company.
way
—V.
165, p.
1193.
Kansas City Southern
Period Ended July 31—
Railway
Railway
capital stock
current
and withheld interest and
sinking fund payments are
provided for in accordance with the
plan of reorganization.—
p. 3168.
Other
revenues
$2,856,541
oper.
expenses-
1,708,269
taxes-
200,000
accruals
159,000
income
Ry.
tax
rents
fac.
The
Guaranty Trust Co. of New York has been appointed New York
registrar for the 2%% sinking fund debentures due March
1, 1966.V.
Ry
—V.
$16,946,483
11,248,681
900,009
981,003
Dr.)
199,557
148,084
1,125,790
(net
Dr.)
6,333
12.355
49,922
41,914
583,382
521,619
3,916,425
2,923,405
income
oper
166,
1947—7 Mos.—1946
$2,695,163 $19,895,247
1,705,125
12,087,110
150,000
1,585,000
158,000
1,131,000
(net
rts.
Illinois Power Co.—New York
Registrar—
Net
Ry.—Earnings-
1947—Month—1946
oper.
Federal
Equip,
166,
was
cents
paid
history.
or
165,
was
Inc.;
earnings for the
due
20
cents
year.
cents
Brothers;
year.
Further, an additional payment of
sinking fund for preceding years as a result of a
revision of the interpretation of
the Trust Agreement.
The Corporation
deposited into the sinking fund prior to June
30, 1947, debentures
acquired at a cost of $28,526, and of the debentures held in its
treasury
at June 30, 1947, debentures of
a face value of
$274,500, acquired at a
cost of $184,177 are available for
the purpose of meeting these
sinking
fund requirements.
No dividends may be declared on the
is
of
this
third
underwriters who participated in this
offering were: Buckley
Straus & Blosser;
Butcher & Sherrerd; Frank
& Belden,
Link, Gorman & Co., Inc.; Enyart, Van
Camp & Co., Inc.;
Bradbury-Ames Co.; Kirstein & Co., and Reed, Lear & Co.
366,380
only
total
20,
23
directors
the
stockholders
exclusively from
Other
Dr672,545
366,380
$1)_,
sinking fund out of the earnings for the first half of
1947, on the pro¬
portionate basis, is $353,940, but the amount
actually payable into the
sinking fund out of 1947 earnings can be determined
the
the
for
to
Jahn & Oilier Engraving Co.—Stock
Offered—An in¬
vestment syndicate headed
by Sills, Minton & Co., Inc.,
of Chicago on
Aug. 21 offered to the public 102,000 shares
of common stock
(par $1) at $6 per share for account
of selling stockholders.
226,013
expenses—37,740
1954's—
7,718,000
—
$52,487
20
28,093
122,755
debentures
crediting
July
the
2%
of
the
money
remainder was
♦In addition to the debenture
interest withheld, there was also with¬
held out of 1943
earnings the sum of $109,443 payable into the sinking
fund for redemption of the
debentures.
The amount accrued to the
of
of
dividend
49,423
163,445
—
by
126,067
30,951
—;—...
reorganization
Total
June
manager
with
141,184
57,545
_.
balances
(par
Sept.
.Taeger Machine Co.*—Bank Loans—
33,430
192,795
—
taxes
debentures—
stock
payable
Dividend
that
share
per
Syndicate, Minneapolis, Minn., is the principal
underwriter
investment
On
—
withheld:
after
year,
Investors
half
1
current
deficiency in net earnings
of
sinking fund
and
20
dividend
a
initial
an
fiscal
announced
cents
1947.
This distribution is derived
dividend income, and compares
with seven
March
on
18
nine
Aug. 29,
and
In
205,867
—
expenses
interest
current
of
$733,646
year
223,010
prior years——'—144,000
the
Aug.
on
dividend
a
paid
10,300
192,950
of
Fund, Inc.—9-Cent
President,
declared
record
$10,490,192 $10,237,408.
-
tax-
credit
and
On
5%
851,481
372.
p.
667.
p.
Koppers Co., Inc.—Soon to Operate New Plant—
Indian
The
Motocycle Co.—Transfer Agent, Etc.—
Chemical
Bank
&
transfer
agent
for
pointed
common
stock.—V.
Trust
166,
the
p,
The
Co., New York, N. Y., has been
preferred stock and registrar for
Sept.
ap¬
Net
sales
—
and
the
Operating profit
Other- income
Total
Res.
income
for
Res.
for
Provision
279,075
557,121
profit
$6,623,608 $16,460,339 $12,211,663
begin.
83,720,613
"
81.956,440
87,105,510
82,683,127
$97,251,107 $88,580,048$103,565,849 $94,894,790
483,475
483,475
966.950
966,950
5,831,268
5,831,268
11,662,535
11,662,535
—
dividends
dividends
'
,
;
—
—
—
surplus
per
end
share—
$0.55
$0.51
BALANCE
$1.06
at
or
incl. Treasury bills & tax notes
below cost (mkt.
$26,860,000)
receivable
Inventories at cost
Securities
held
assets
Property
(less
or
whichever
retirement
is
account
(net)
res.
:
payable
and
insurance
cumulative
stock
Surplus
erties
Capital surplus
to
on
an
the
annual
pounds
coming
year.
capacity of
hydrogen
21,000
of
gasoline
tons
cyanide,
of
when
division already has in operation
plants
Another plant at Oil
City, Pa., is now
production from its wartime operations
Pa.
chemical
refinery.
("Wall
Street
Journal.")—V. 166,
payrolls
—
reserve
and
preferred
(14,584,025
—
stores
;
other
13,757,005
—
shares)
483,474
9,730.477
13,297,439
12,092,018
27,627,825
ll|519|216
reserves
stock—
$6,766,751
483,475
I
27,627 825
_
;
60,766.771
__
Lae
of
nickel
60,606,500
90.936,364
87.105,510
2,896,874
2,892,217
of
sales,
Gross
during
with
four
weeks
the
the
2,655
corre¬
in
.
.
FOR
FISCAL
YEAR
ENDED
JUNE
freight and containers)——including depreciation—
margin
sales—,.
on
30,
1947
$1,070,563
879,113
—
———
,
i—
$121,450
——
expenses
gain from trading
75,383
income
20,000,000
-$310,219,759 $301,368,982
$116,067
——_
;
—
,
—
,
4,033
,
Total
—
Interest,
discount and
Balance
Surplus
to
at
of
income
45,041
—:—
30,
$73,390
—
1946_—
income
taxes
!
—
for
year
ended
166,163
'
June
30,
1943
<
for
Sept. 14, 1946, 50 cents
depreciation adjustment
per
share
14,376
—
32,386
—.
Earned
surplus at June 30, 1947
Depreciation for current year totaled—
CONDENSED
BALANCE
313
$239,866
—
Dividends paid
Reserve
1,669
taxes
surplus
June
Fed.
$120,100
—4.
deductions
sundry
Provision for Federal
SHEET,
$193,102
30,047
AS
AT
JUNE
30,
1947
ASSETS—Cash,
$1,771;
notes
and
accounts
receivable,
$203,901;
inventories, $179,108; land, buildings and equipment (after reserve for
depreciation
paid
prop¬
20,000,000
1947—32 Wks.—1946
operation
Chemicals, Inc., Culver City,
Calif.—Earnings, Etc.
EARNINGS
(net of
60.766,771
60,606,500
'
in
Aug. 9, 1947, was 2,559, compared
sponding period last year.—V. 166, p. 469.
Other
26,613,635
12,553.879
•
arising from transfer
in
Finland——
3285.
of
ended
Net
$9,066,850
—
1947
adjustments
p.
number
average
-
Total
165,
1947—4 Wks.—1946
—$310,219,759 $301,368,982
surplus
Exchange
-V.
Petrolia,
Total
Contingent,
389,588
The
Refund
—
system
389,588
plant
$54,985,060 $43,703,599 $451,773,945 $318,525,853
Operating
14,700,331
15.912.601
48,827,988
44,658,827
11,518,241
13,286,112
12,669,667
14,152,824
117,035,461 118,953,282
lower
system
~
Preferred dividend
payable. Aug. 1,
Taxes based on income—
Earned
chemical
new
reached.
Sales
Dec. 31,'46
26,679,247
reserves)-.:—_
mkt.,
against
LIABILITIES—
$3,272,200
a
Kroger Co.—Current Sales 25.8% Higher—
$28,331,548 $25,231,362
50,457,276
42,560,339
—
sees.
sees,
$0.77
SHEET
June 30,'47
—
$3,522,365
and
converted
$90,936,364 $82,265,305 $90,936,364 $82,265,305
—
com.
CONSOLIDATED
£2,492
of
start within
have
million
1.2
Period End. Aug. 9—
Cost
ASSETS—
7%
is
high-octane
a
Sales
period
Other
operation
p. 160.
•
$3,530,494
———
surplus
period
Earn.;
as
will
and
corporation's chemical
Kobuta
being
542,817
acid
operation
The
at
_
Earned
of
full
chemicals will
facilities
new
sulphuric
$16,474,398 $11,713,007 $32,430,003 $22,164,157
1,932,409
1,735,963
3,875,762
3,471,971
retir.
system
689,908
619,338
.1,403,457
1,223,401
contingencies750,000
1,500,000
for taxes—
4,571,587
2,734 093
9,190,445
5,257T 22
for
of
295,706
begin
depr. & deplet.
Res.
Net
The
1947—G Mos.—1946
$16,178,692 $11,433,932 $31,872,882 $21,621,340
—
will
announced.
plant,
other related
$41,251,716 $31,008,353 $81,117,834 $59,933,234
25,073,024
19,574,421
49,244,952
38,311,894
.4—„—
expenses
new
which is adjacent to the company's seaboard coke
plant at Kearney, N. J., at first will produce
only sulphuric acid. In
October, production of hydrogen cyanide will start, and
production of
468.
1947—3 Mos.—1946
corporation
l, it is
The
International Nickel Co, of
Canada, Ltd.—Earnings—
Period End. June 30—
$400,954
$2,882,612
Power
842
Selective
interest
360,795
$784,911
43,055
insurance
retirement
Deposits
$4,332 383
$3,132,777
York
Co.;
Crabb,
quarter
6,941,768
10,300
debentures for first
for
accrued
Unemployment
Common
1,060,183
New
Light
E.
have
93,604
275,872
—,
of year, payable
Sept.
Federal income tax for
$4,557,161
1,034,796
period
1,152,161
627,329
6,773,646
-
nTri~"cTn^c
pfd. stocks
370,000
amortization)
-
Retirement
6,550
preferred
remaining assets, consisting of the following:
2,797 shares
of New England Electric
System; .50,870 shares of
common
shares of preferred of Gatineau; 320,000
shares of
Investors
$681,451
—
payable
State Realty & Terminal Co.' for rent
Y.
Accounts
$4,501,413
$483,446
194$
•
$1,091,043
1,138,544
2'039'825
m°°
of
while
D. Streeter, retail sales
manager
of Montgomery
Ward &
Co.,
resigned, effective on Sept. 1, to become
Vice-President of Inter¬
state Department Stores, Inc.
He will be in charge of store
opera¬
tions—V.
166, p. 567.
and
Accounts
$476,896
90,254
Div? aimElo
applic. to
(less
Total
200
Other
Due
Short-term
$1,849,094 $22,498,638 $20,164,924
664,757
9,261,895 " 7,428,596
lc?7.339
2,596,883
1,750,310
share
common,
Interstate Department Stores, Inc.—New
1946.
250,000
—
,
Govt.
Co.—Earnings
,
limUe'd-Tem
year
851,287
-
Earned
will continue to
manufacfracaional horsepower
1947—Month—1946
SSroHeVCnUeS~~eleCtriC
calendar
tvoe
time
common
has
30
leasehold—:
Total
Cash
Houston Lighting & Power
Period End.
JUNE
—
——
of
announcement,
well
as
the
for
SHEET.
—
charges
Total
the
company has
manufactured any home
appliance besides the
upright electric clearners
for which
the
company has been known for
nearly
40
vears
The
company
according to the
e
,
value
Preferred
a
$395,485
1945
Common
company on Aug. 20 announced it
has added
vacuum cleaner and
an
electric iron to its line.
$16,072.26
bank
371,
p.
Co.—Adds Two New Products—
This
$346,941
1947
110,000
par.
In filing
necessitated the
held,
be
of
without
conditions"
common
shares
dates
provided
series
"Market
of
Investments
Costs
25,
stock,
five
obtained
V.
book
Deferred
providing
common
Co., who headed the
underwriting group for the
head the group which will
purchase unsubscribed
from accumulated
loans of $3,000,000
"
Net
registration
Commission
$5
plant expansion program.
commitment for the expansion
met
Hoover
134,034,
to
stock.
offered
each
record
portion
under
a
Exchange
of
amendment company said
change in financing plans.
basis
and
amendment
construction
the
by
an
stockholders
for
sell
original
shares
the
common
funds
21,
tax
hand and in banks-.
on
Inventories
$7,458,555
were
1946, to $1,007,907.
In the latter
part of 1946 and in 1947
many
unusual
contributing factors resulted in a substantial
increase in the
volume of premiums for almost
all casualty and
surety, as well as fire
and
marine, companies.
This general increase was in
part reflected
in
company's net premium
writings of $6,470,716 for the first six
months of 1347, as well as
in the figures at the
end of 1946.
statement
169,037
242,466
Jnt.
$3,458,555
company
168,560
—
States Treasury savings notes
Accounts receivable
(net)
In¬
Upon the approval of the proposed increase
by the stockholders Sept.
8, 1947, the management
contemplates the sale of all
ferred
additional
com¬
Superintendent of
surance.
the
The directors on Aug. 14 authorized the call
for redemption
for tha
sinking fund on Nov. 1, 1947, of $58,500 of first
mortgage 60-year
gold bonds and £60,660 of 5% first
mortgage 60-year gold
bonds.
Payment will be made at the Empire Trust
Co., trustee, 120 BroadZ
way,. New York, N. Y.—V. 166, p. 468.
6,955
""238,564
ASSETS—
Cash
to
757c
stock.
mon
Eastern
the
of
5%
896,791
United
*Debenture
•'
each
of
205,887
.
;
BALANCE
Federal
stockholders dated Aug. 19, announced
plans to increase its capital stock from
$1,050,000, consisting of 350,000
shares of common stock
(par $3) to $1,250,000, by issuing 40,000 new
shares cf non-cumulative
non-voting preferred stock (par $5).
If approved by
stockholders, Sept. 8, the new stock is to be sold to
the Home Insurance
Co., which now owns more than
a
3,167
filed
convertible 67*
Co.
demption—
„
192,950
—
profit
Sundry
Home
to Be Sold
8'
was
S.
Net
be
common stock
(par $1), all of which will be fully paid for in
cash,
except for 6.000 shares which have been subscribed for but not
paid up.
These 130,000 shares will be the
only shares outstanding. The author¬
ized shares consist of
250,000 shares of common
Liquidation
company
„
19,135
851,319
75
50,000 shares
three
Power
International
LIABILITIES—
the
the
*
443>432
;?•
——
tax
the
common
Electric
28'1,061
—
—
Federal income
of
Gatineau's
449,645
—
debentures
1.—
Provision for
Accounts
sale of
Holders
429,728
38,727
—
Amortization
•
.
stock,
Gatineau
5,170,138
137>884
.
—
the
on
of
April 1, 1944, receive 20 shares
England Electric System and 20 shares
New
of
285,051
-■
—1
on
—
due
of
and
453,549
—
Rent
Interest
debentures
of
of
30
466,382
taxes
taxes
complete liquidation
stock
1946
6,097,695
expenses—.
taxes
Prepayments
sold
of
The
Security
estate
the
Corp., and cash remaining at liquidation.—V.
building and contents
Trustee's and transfer agent's fees & exps, etc.
and
line
*
■
common
will
Real
Other
general
in
installation
include
CAPITALIZATION—Upon completion of the
ceeds
Social
and
for
stock
$8,00*,333
manu¬
used
directly to public utility
progresses,
it may use dis¬
Sales in this type of business are
gener¬
30 days, with 2%
discount for cash.
areas.
terms
company
carried
of
the
in
vehicles
thereto.
the co?npany's products will be
companies.
As
the
company's business
ally
water
for
construction,
equipment
Most of
'
principally
engage
and
service,
telephone
construction
and
installation
types of bodies, winches, power take-offs, derricks
various
sories
bodies
and
work.
to
proposes
truck
petroleum
maintenance
general
of
power
JUNE
$9,2osi,635
sales, departmental expenses, advertising, heat, light and power———
Repairs, maintenance and replacements—
Administrative
System
with
on Aug.
12, Bartholomew A. Brickley, trustee. It
proposes that
addition to $300 in cash, the holders of each
$1,000
in
gold
of
♦Includes
BUSINESS—Company
facture
Executive
1947
Gross sales and other operating income—
which is the
shares now being
50,000
Chief
plan
receive
ACCOUNT
Hydro-Electric
the SEC
Oiiicer
Executive
of
York.
New
share,
per
death
recent
The board also approved the usual payment of 2xk%
on
the 5%
debentures, payable Sept. 1, 1947 at The Commercial National Bank &
Insurance
scribed.
with
the
Chief
functions
—
&
International
A
corporation In the office of the President.
Frank A.
Ready, who has been President of the corporation ior the past two
years, therefore, will also serve as its Chief Executive.
Cost
(J. II.) Ilolan Corp., Cleveland—Stock Offered—Cun¬
ningham
Executive
Plan Filed-
after
and
board
the
vest
Monday, August 25, 1947
of
567.
p.
Chairman
meeting
Chief
$6^«177 $3^«ES5
•
,
Net
first
CHRONICLE
the
cf
INCOME
—V.
their
at
corporation,
Officer
Trust Co.
Hires Co.—Sales Increased 73%—
& FINANCIAL
of
expenses,
$175,014),
$11,858;
LIABILITIES—Notes
$371,866; intangibles,
total, $768,505.
payable,
$50,000;
$3;
accounts
deposits
and pre¬
payable,
$150,379;
capital stoclc
accrued
liabilities, $4,789; Federal income taxes, $45,041;
outstanding, $287,532; surplus July 1, 1941,
$37,663; earned
since July 1,
1941, $193,102; total, $768,505.
surplus
Number 2623
Volume 166
THE
Salle-Wacker Corp., Chicago—Exchange of Bonds
CONSOLIDATED
31, 1947, 5% first
will be issued in an
La
Sales
(closed) mortgage (fixed interest bearing)
bonds
aggregate principal amount as may be
reauired (not to exceed $255,600 principal amount) in conversion of
and exchange
for the 3255,600 principal amount of first (closed)
mortgage (income)
bonds now outstanding, and that on or before
0ct
1
1947, the trustee, The First National Bank of Chicago will
receive' at its office, 38 South Dearborn St., Chicago, 111,, tenders of
income' bonds to be converted into and exchanged for said fixed interest
bearing bonds,—V. 165, p. 939.
ACCOUNT,
1947
Maintenance
provision for
...
Interest
Carrying charges
coal
$2,984,355
Cost
of
$1,465,426
for
Federal
Pennsylvania
income
Total
Operating
384,709
982,813
$1,080,717
$2,023,220
$0.54
$0.44
$0.83
$1,225,189
•
directors
j
Aug.
on
ordinarily
each
made
were
payments
on
!
—-—
——————
expense
259,327
218,591
4,359
35
cents
income
*49,298
750,700
prof,
taxes
1,469,500
——
.....
Dividends
on
Dividends
on
$1,291,053
52,546
60,872
503,455
545,888
common
of
on
576,081
283,785
$2.15
share
common
per
22,735
—
stock——
....
shares outstanding May 31—
common
Earnings
$5.45
Lima
of $44,688 on note prepayment,
of $47,564 in 1947 and $60,222 in
tAfter deduct¬
1946.
BALANCE
CONSOLIDATED
MAY
SHJET,
The
§ Accounts receivable
will
be
Locomotive
asked
Works,
of
this
at
special
the two companies.
(arising
manufacturers
to
and deferred
investments
Sundry
Land
*'Buildings,
held
etc..!
to
escrow,
376,794
79,087
406,625
406,625
3,978,139
1,015,711
—
meetings
1
$17,656,703 $13,797,213
.
LIABILITIES—
Loans payable,
169,416
amounts maturing within l year
payable, (trade creditors, etc.)—
Employees' taxes withheld
:
Prepaid sales and credits to customers—,
3,372,214
2,192,981
72,570
1,442,433
1,296,297
1,308,615
144,015
70,862
—
Div. declared
and
1947
Provision
Loans
—
stock, payable June 1,
respectively—:
common
on
1946,
_____
taxes
for Federal
payable
Postwar
contingency
Preferred
stock
income
on
value
750,000
1,921,162
...—.
366,782
366,782
1,139,800
1,267,450
2,388,301
reserve
(par
t
920,248
—_
1
current)—
(now
2,341,354
.
$50)-
Common
stock (without par value)—
stock (14,694 common shares)..
Capital surplus
tEarned surplus
....
80,699
Treasury
.
Total
...
81,070
be
taken
by
with
25
to
1
be
formed
will
1,134,431
the
on
current
General -Machinery
approve
plan
a
named
capitalization
of
be
tary
for
805,952
stock
will
to
General
distribute
stockholders
on
to
of
that
become
will
Chairman
executive
remain in
Samuel
Chairman
General
of
committee;
that position
and
in the
will
of
its
assets
805,952
from
Aug.
placed
the
and
shares
13
will
Dixon,
Lima
of
V.
166,
George
become
President
Rent-
A.
Chairman
of
4,707,247
——
—
—
'Represented by 576,081 shares in 1947
3,974,774
$17,656,703 $13,797,213
and 298,480
shares in
1946.
a
Airway—Secondary Offering—Willis
on
Aug. 11 made a secondary offering
$21,250 shares of capital stock at $1% per share, less
discount of 15 cents—V. 165, p.
1456.
Lehigh Coal & Navigation Co.—Bank Loan—
June
23
credit
loan
under
its
credit
up
2'/a%
the
and
to $3,500,000
down $500,000 under the revolving
2 under term loan, as provided
Philadelphia National Bank covering a
June
on
with
the
Interest is at the rate of
31, 1949, and thereafter at 2%%.—V. 165, p. 3053.
until Dec.
until Dec. 31,
1951.
Lehigh & New England RR. Co.—Tenders Sought—
Tradesmens
1420 Walnut
Street, Philadelphia, Pa.,' will until 3 p.m. on Sept. 16, 1947, receive
bids for the sale to it, as of Oct.
1, 1947, of as many first mortgage
3% bonds, series
B, due Nov. 1, 1975, as $56,147 will purchase at
Pnces not
exceeding 102.—V. 166, p. 469.
National
Bank
&
Trust
Co.,
trustee,
Lehigh Valley Coal Corp.—Earnings—
,
Period End.
Sales
Cost
1947—3 Mos.—i946
June 30—
of moal__-—_
of sales—■—
„
$6,078,660
Aircraft
Corp.—Increases
of
$50,000
Prices
of
All
10
of
4,939,446
12,121,426
10,575,700
142,731
303,451
352,779
$109,950
other
oper.
Total prof, from
oper.
other
Interest
$575,532
6,524
have
been received
Net
by
.
funded
debt
four
chgs. on Idle
prop. & fes^ coai ian(iS
Prov.
for
deprec..
Fed.
inc.
-
tax
Prov. for Penn. inc. tax
Minority interest
Net
corporate
—
income
the
quarterly
contention,
he
said
shares
of
Kentucky
share
of
Kentucky
a
for
as
Delaware
Standard
&
B
cumulative
and
166, p. 372.
(Ky.)—Weekly Outputweek
with
increase
the
Gas
class
company's
ended
Aug.
28,806,000
16,
kwh.
1947,
the
for
of
28.0%.
Output for the
1,674,203,000 kwh., as compared
previous
52
weeks,
an
increase
oi
(N. Y.)—Depositary
Co., Ltd.—Partial Redemption—
for redemption
$15,000 of 4(4%
Oct.
on
first
Payment will
be
1947,
1,
for
mortgage
made
at
The
account
bonds
Royal
due
Bank
Halifax,
Aug.
on
Second
income,
"
declared
18
payable
with
compares
in
7
Fund, Inc.—10-Cent
dividend
a
Sept.
of
to
20
cents
paid
10
cents
stockholders
June
on
20
share
per
of
and
record
6
cents
.
,
194C
were
follows:
as
March
24,
20,
14
9
cents;
cents
&
June
quarterly
20,
and
Co., Inc., Baltimore, Md.—Files
Aug.
on
13
filed
($100
shares
par)
letter
a
5%
of
underwriting.
Proceeds
capital.—V. 165, p. 1193.
working
notification
cumulative
without
par
directors
of
have
approved
stock
common
of
on
split-up
a
of
five-for-one
a
record
will
1947.
on
The
Dec.
the
a
With
with
preferred,
be
used
the
to
for
be
addi-
outstanding 146,000
effective Oct
1 to
basis,
above
proposal
18, last.—V.
had
been
151, p. 2196.
Air
$55,818
$444,759
$582,163
268,885
567,886
service,
in
or
on
order
for
this
delivery
A.
$1,012,645
$1,163,241
84,724
97,412
175,599
195,867
23,344
11,165
46,200
22,324
190,552
199,035
406,604
425,554
13,785
Crl,l85
89,775
90,870
1,340
Crl40
Cr5,590
4,025
423
1,059
$37,477
$11,264
$313,257
_
3,440
'
1,515
$399,795
31,536,569
27 539 435
'l69,09O
2,247
2 305
4'750
210,000
159,927
137,616
to
cost of
excess
83,000
and/or
replacing inventories
_
_—
Balance—
Net
profit
15,194
13,823
$4,478,422
;
,——_
real
on
Miscellaneous
Net
estate
Income
operations
$3,683,098
50,985
50,893
64,332
46,077
income-
$4,593,739
1,879,155
$3,780,068
;
$2,714,584
$2,282,362
—
Net
Co.—Expansion Program Borrows from
for
.
Earned
dividends
per
revenues
$1,196,573
724,365
-
expenses——
150,480
76,546
77,270
taxes
Property retlremt. res.
appropriation
Amortiz..of utility plant
acquisition adjusts.—
United
100,400
87,000
1,128,280
21,413
21,413
$166,850
oper. revenues—
from
plant leased
$212,819
256,958
$2,407,460
..
method
-
on
$2,370,880
$2,405,372
56
16,642
37,384
$212,875
42,003
$2,422,014
499,958
6,009
3,435
72,943
$2,408,264
505,537
234,621
63,803
505
225
4,266
16,249
83
$166,943
—-
mtge bondsdisc. exp.
deducts.-
&
to
chgd.
struction-credit
,
—
'
•
applicable
to
__
„
pfd.
$119,889
$167,662
stock for the period—
-
$1,853,379
356,532
356,532
$1,496,847
$1,264,020
Louisville Gas & Electric Co. (Del.)—New Proposals—
B. McGroddy, Jr., counsel for a group of class A common
of this company, on Aug. 20 asked the Securities and
Exchange Commission for a larger participation in the securities to
be distributed by this company in its proposed dissolution plan.
He based his claim on the contention that the class A common Is
cumulative and is. entitled
to $1.50
a
year
in dividends before the
class
B
common
receives
anything.
The favorable position of the
Charles
689,533
7,135,174
4,752,973
1,047,238
404,566
2,918,121
2,208.113
692,681
638,053
first-out"
on
"last-in
;
first-
—_
—
—
386,043
206,980
1-
'
Accounts
$26,664,583 $23,987,982
'
(trade)
taxes, rents, royalties and sundry exps.
Employees' war bond deductions—
Provision for distribution to employees and/or
payments into pension plan
—
payable
for Federal
managers'
Store
leases
on
inventories,
conv.
'Common
taxes
deposits,
159,°?7
2,766,413
.113,650
self-insurance,
stock
(par
$100)
(par value $1 each)—
102,603
495,303
4,178,300
433.^00
5,884
7,251,455
6,654465
4,486.5°3
6,671,352
of
replacement
—
preferred
stock
210,000
deposits
etc.
surplus
$2,035,310
1,399,^7
41 ,L41
3,546,146
and
-
for
Reserves
income
security
$2,507,328
1,672,229
36,007
—
—
$1,620,552
166, p. 270.
stockholders
795,968
"last-in
maintained
LIABILITIES—
•
4%
con-
—
84,224
(net)
on
—
Total
Earned
income
(net)
based
basis
Provision
Interest
cost
4,952,457
175,000
Accrued
41,550
,
Amort, of debt
at
inventories,
out"
$2,370,880
$212,819
$166,860
income
(net)___
income
3,278,836
Government-
miscellaneous
and
1946
$10,185,019 $10,101,573
(at cost)—
tLand, buildings, machinery and equipment, etc.
Prepaid expenses and deferred charges—
Cash in preferred stock retirement fund-
256,958
Dr2,088
10
I—
income
Gross
1947
hand
Treasury tax notes
accounts receivable:
States
Investments
2,203,800
$1.05
SHEET, JUNE 30
Refund of Fed. taxes resulting from replacement
of
•
1,000,056
_
Net
others
-
,
129,375
1,705,276
$1.23
—
.
on
1,497,703
83,986
—
States
Notes and
931,306
903,176
_
'
banks and
Inventories
2,047,594
906,576
paid
paid—
—a—
share——
United States Government securities
1947—12 Mos.—1946
„
common
ASSETS—
Cash in
$1,098,426 $14,342,450 $13,529,542
536,768
7,595,582
6,863,422
119,675
Federal taxes
on
taxes
CONSOLIDATED BALANCE
Co.—Earnings—
' 1947—Month—1946
Period End. June 30—
Operating
Operating
Income
————
dividends
Common
United
Louisiana Power & Light
Federal
income
Preferred
1"
taxes
before Federal
Income
Provision
3169.
—V.
etc.
3,550
distribution
for
thereto
Dulcy,
Balance
$324,703
managers'
year,
165, p. 568.
581,078
$338,903
deposits,
180,742
store
on
maintained on "lasWn, first-out" basis, after
allowing for Federal taxes on income applicable
Airlines, KNILM Royal Netherlands
Banks
Divs.
gen¬
——
Linea Aeropostal Venezolana, Panair do Brasil, Pan
World Airways, Qantas Empire Airways and Trans World
Lone Star Gas
Other
selling,
expenses
Airways,
American
Inc.
operating,
Miscellaneous charges
are
KLM Doyal Dutch
Lines,
store
—
Provision for
1946
15,173,516
$36,564,340 $31,655,428
and
administrative
employees
payments into pension plan—
12
Indies
21,400,452
paid
Provision
Constellations.
Irish
1947
$57,964,792 $46,828,944
—
_____
sales
and
Pensions
major global airlines, including Air France, American Overseas
Airlines,
British Overseas Airways
Corporation, Eastern Air- Lines,
by
sales
of
Depreciation
Interest paid
.
corporation
"Constellations
Net
Carrying
^eplet. and
"fair
times
New York, N. Y., has been appointed deposi¬
mortgage certificates
of
the
above
corporation.
fund,
1,400
at
eral
beginning of the year.
further announced as follows:
"Particularly notable is the fact that four operators have increased
their fleets wtih repeat orders since puttirig the popular ships into
operation.
These include Pan American World Airways which the week
before last announced a repeat order for four new type Constellations;
KLM
Royal Dutch Airlines, with two re-orders, one for seven and
one
for two airplanes;
Panair do Brasil, which doubled its original
fleet of two, and Trans World Airline with a repeat order totaling
The
6,631
225,838
Income
on
$438,227
3,170
$113,065
income
Total
$52,648
3,115
—
on
for
and factory salesinter-company sales—
Less
Cost
for Constellations
orders
new
since the
Lockheed
Interest
Profit from mining &
selling coal
of
plan
l'/a
cents
Melville Shoe Corp. (& Subs.)—Semi-Annual Report—
Store
airplane.
per
total
A
Other., int.
Profit
this
6 Months Ended Juno 30—
Operating
1947—6 Mos.—1946
155,300
—
the
least
1.152
the
for
totaled
Sept.
17,
authorized by the stockholders
,
$5,134,825 $12,863,104 $11,504,011
5,813,410
Selling, geh. and admin¬
istrative'expenses
the
Sept. 20, 14 cents; and Dec,
$2.40.—V. 165, p. 3396.
for
holders
corporation on Aug. 22 announced that prospective purchasers
of the Constellation have been advised of increases in the base prices
of all models, effective Sept. 1.
The amount of increase varies with different models to a maximum
to
:
make
at
McKinney Mfg. Co.—Split-Up Effective Oct. 1-*-
The
Other
The
of
1947,
and interest.
20.
of
Trade
took
company
$500,000
agreement
of
well
compared
as
Electric
in
cents;
shares
160.
Lockheed
p.
On
On
0.752
as
Aug. 16,
This
ditional
President, has announced a $40,000,000 five-year ex¬
pansion program. It will spend $12,000,000 in 1947, half of which al¬
ready has been spent, for extensions and additions to the company's
system which serves Texas and southern Oklahoma.
It will spend
$10,000,000 in 1948 and has set aside $18,000,000 for the years 1949
to 1951, inclusive.
The
company
borrowed $10,000,000 from Fort Worth, Dallas and
Pittsburgh banks to aid in financing its expansion program.—V. 165,
of
firm
an
investment
29.
offered
Models—
D.
667.
Latin American
E. Burnside & Co.
to
the 37(4
SEC—
were
in
p.
and
year,
,^he company
Airline."—V.
166,
com¬
class B
common.
company
kwh.,
McCormick
of
Lima, Will
tlncluding at May 31, 1946, $80,699 for the capital value of common
stock in treasury.
tThis item in 1946 was offset by $2,441,132 U. S.
Treasury savings.
SAfter allowance for doubtful accounts of $159,550
In 1947 and $101,550 in 1946.
Illncluding $250,000 in preferred stocks
of vendor companies.
"After reserves of $788,199 in 1947 and $581,118
1946—V.
that
plus
basis
A
93.9%
have been called
101 Va
The
p.
A
Loco¬
with the Aetna Life Insur¬
privately
class
last
sinking
special
Chairman
for the purpose of paying off the income 5VaS
and the first mortgage 3y2s, the latter held by the Aetna Company.—
proceed*
class
company's
2020.
Payments
its
to
Co.
The
of
as
company's
parent
receive
interest.
the
on
of
this
of
first
p.
March
on
$10,000,000 20-year 3V8% loan due 1967
new
been
ance
argued
share,
of class B
owns
week
directors
SEC
vately—A
parent
Broadway Properties, Inc.
Canada
5%
Lima-
of
Lincoln Building Corp., New York—Loan Placed Pri¬
has
with
Delaware
which
the
at
The
company.—V. 166, p. 469.
new
Co.
be distributed
shares
Empire Trust Co.,
164,
out¬
now
shares
Lima-Hamilton;
E.
of
should
B
Massachusetts Investors
into
issue
Lima
of
for
these
Machinery,
918,025
are
Electric
Dividend—
Lima's
shares
par
Lima
share
Corp.
Allen,
John
&
Maryville Electric Light & Power
Co.—Merger—See
Continental Gas & Electric
Corp. Above—V. 166, p. 270.
basis.
G.
cash
to
Gas
Charlottetown, Saint John, Quebec, Montreal,
Ottawa, Toronto, Hamilton, Winnipeg, Regina,
Calgary, Edmonton,
Vancouver or Victoria, Canada.—V.
164, p.
1596.
merge
Lima-Hamilton
changing
additional-
stockholders
share-for-share
a
understood
stock.
each
Machinery
its
to
capital
holders
be
share
share
output
of
1956
Corp.
on.
no
issue
par,
drawn
.211,057
stock
will
share
class
1937,
should
ended
or the
the
for
shares,
$5
Lima-Hamilton
also
in
been
provides
Lima
Hamilton
is
will
power
A
1,331,902,000 kwh.
166, p. 667.
The
:
be
not
consolidation
of
in
36,865,000
Lower
better adjust¬
a
diesel engine
of the two companies, General Machinery's 1
new
of
standing.
It
plan
has
Inc.,
each
class
the
Maritime
and
Oct.
addition
Louisville
25.7%.—V.
four
approved, it is contemplated that immediate
the new company to manufacture diesel loco¬
Works,
outstanding
shares
81,066
.
—
is
merger
proposed
present
81,596
1,077,581
Accounts
expenses
of
1946,
..
to
company
the
Locomotive
The
275,000
...—
—
Accrued
In
recog¬
making
improvements on premises owned.Patents, trade-marks and good will
Total
34,700
163,297
1296,429
—
for
used
be
last.
below.
inc.,
corporation
field, but with the merger
long experience with diesel
1,814,204
5,264,175
—
equipment,
in
$3,192,215
285,689
advances—.
—
Cash
Lima
the
7,238,097
541,020
of mkt.)
expenses-——
and
Distributions
14,
be
made.
motives.
schler,
1946
139,000
carry-backs)
—......—,
Inventories (at cost or less, not in exc.
Prepaid
new
If
steps will
operat-
from
& excess profits credit
ing loss
Advances
The
Corp.
1,175,404
2,589,950
—i.
...
taxes refundable
"
$2,181,753
Pemand deposits in banks and cash on hand—
U. S. Govt, securs., at cost, plus accrued int.
Federal
14.
June
were
prices and costs."—V, 165, p. 687.
stockholders
motive,
31
1947
ASSETS—
for
weeks
-52
divi¬
should
common
share for each share of
by each
each
corresponding
the
on
in
of
Louisville Gas & Electric Co.
There
letter
'Including premium
ing interest income
Sept.
and
14
each
action
no
B
urged.
firm
stock
the class A stock
each
Co*,
totaled
Lima Locomotive Works,
Inc.—Proposed Merger—
$1,631,163
—
.........—
4V2% preferred stock—
7% preferred stock—
Dividends
take
class
he
disputed the claim that the class A stock was
the plan was fair and equitable to all
parties.—V.
Lima-Hamilton Corp.—Proposed New
Company—
See
885.500
declared value exc.
profits taxes..——.———-
Net
117,017
213,951
income &
Excess
$16,826,497 $15,976,357
14,566,434 11,823,880
——....
—
said
—V.
and amortization....
for depreciation
Fed.
—
——
tinterest
about
or
March
on
of
decided to
16
payable
cents
quarterly
.1946
miscellaneous
to
to
Electric
$48,541,233 $41,056,992
31,974,063 25,299,226
—
deprem at factories
Provision
stock
$1,288,308
the
distribution
Electric
2279.
p.
for
Counsel
6,178
the
for
a
not paid
common
8,246
3,933
company announced that no action was taken
dividend "in order to conserve working capital
pending
1947
expenses
15,664
The
— —
————
tax
of
received
common
152,900
____
.
\
271,890
tax—
income
corporate
165,
(& Subs.)—Annual Report—
income
operating
income
Delaware
of
shares
0.913
equitable"
the
111,600
818,123
the
the
decision.
stock.
dividend
Lehn & Fink Products Corp.—Omits Dividend—
$3,006,033
574,916
—V.
margin, before deprec. at factories.— $16,567,170 $15,757,766
Gross
72,236
828,676
IV4
Counsel
*
reserve
to
securities,
9
a
and
amount
21,678
31—
Commissions from leased depts. &
and
______
dend
of returns
sales, excl. of
'
idle properties
depreciation
of
85.9%
or
common
397,575
of
reserved
subsidiary operating company.
plan proposes the Kentucky subsidiary
The
1,426,826
4,185
assets
follows:
$2,782,931
368,078
—.
and
for
sh. on 2,433,620 shs.
2927.
Bryant, Inc.
1,368,961
$2,785,666
relation
allocation
Commission
Sole
20,211
in
common
.in
shares,
$1,333,155
1,449,776
•
interest
Net
net
12,642
1
debt
on
lands
Depletion
Minority
$1,461,241
A
The
$1,312,945
$1,416,704
operations.
funded
on
ment between
Lane
class
nized
672,430
$1,404,062
......
Provision
$1,881,719
Years End. May
coal__
—....
665,135
$1,305,803
Sales,
30
1946
610,054
expenses—
income
991,200
Net income per
p.
from
517,400
655,039
deductions
165,
Other
profit
income
276,583
17,746
Net
JUNE
mon
Total
Provision
810,462
,
-
Jncome
administrative
and
638,600
income
Gross
sales
general
387,470
income
Other
of
536,223
208,314
retirements—_
taxes,.—
ENDED
$25,625,427 $22,753,889
23,611,311
20,768,515
Frofit from mining and selling
Profit on other operations--
12 Mos. End.
$1,863,973
'i
MONTHS
coal
(761)
Kentucky,
"
—
—
Cost
Selling,
1946
June 30,'47
$5,187,086 $12,168,009
2,068,509
5,564,270
,
3,442,316
;——*
Federal income
Other taxes
f-
12
CHRONICLE
and
$7,456,694
__
Operating revenues
Operating expenses -—•
of
Total
—6 Mos. End. June 30
No.
FINANCIAL
1947
-Earnings—
Laclede Gas Light Co.
—V.
INCOME
&
Oct
on
,
COMMERCIAL
Total
—1
'Issued
value
—
2,132,663
shares
-
in
-
-
1947 and
denreciation
1946.—V.
$26,664,583 $23,987,089
1,023,684 shares in
1946 (p-r
in 1947 and $1,023,684 in 1946).
tAfter reserve
and amortization of $5,825,736 in 1947 and $5,710,975
$2,132,663
frr
i1
166, p. 568.
Metropolitan Edison Co., Reading,
Pa.—To Issue Bonds
subsidiary of General Public Utilities Corp.
t
notified
the
SEC
of Its Intention to sell $4,500,000 first mortTa0"1
bonds at
competitive bidding.
Proceeds will be used for purc>^>
and consumption of new facilities, the betterment of existing lacil t 's
and to reimburse the treasury for expenditures made.—V. 166, p. 00.
The
company,
a
10
Approved—
Middle West Corp.—Stock Sale
.
proposal
Sales„l------Iat
672
Aug.
INCOME
Dividend
1947.—V. 166, p. 668.
9,
Co.—Quarterly Report
STATEMENT
Period End. June 30-
1946 to
706 in
operation decreased from
in
stores
of
number
The
American
North
1947—4 Wks.—1946
1947—32 Wk6.—1946
$15,720,008 $12,067,487 $123,698,045 $86,237,097
Ferlod End. Aug. 9—
by
Monday, August 25, 1947
Chicago—Current Sales Up 30%—
National Tea CoM
'
thic corporation to sell to the Bankers Trust Co of
New York 4 ,720 share, of $5 par value common stock of the Central &
South West Corp. for $10 a share was approved on Aug. 20 by the
Securities and Lxchange Commission.
The Bankers Trust Co. would
purchase the shares as agent for certain clients.
•The Midde We^t Corp. proposes'to use the proceeds to buy 49,720
shares of the $10 par va.ue common stock of Its subsidiary, the Ken¬
A
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
(762)
income
Interest
income
(COMPANY
on
Aug.
Mississippi Power Co.—Co-registrar—
20.
—V.
The
,v.
Guaranty
registrar
for
appointed
Co. of New York has been
preferred stock, par $100.—-V.
Trust
4.50%
uie
166,
165,
co-
declared
have
2802.
p.
Reorganization Plan
Missouri Pacific RR.—^Ballots for
ta'
Ballots
for
Separate
•ballots
bahots
must
-Ballots,
adopt
be
must contain
used
are
returned
in order
be
to
rejection
or
on
„
the serial numbers
$4,407,639 $19,584,602 $18,190
3 64.619
1,193,525
1 085
Monongahela Power Co.—Registers ;with- SEC—
The
■y
4fin
$1,517,102
etc
Amort,
discount
debt
of
Interest
during
income
companv
filed
15
Aug.
on
registration
a
>Net
with
statement
the
—V.
'?2o
and
2,608
Montana
Power
income
For
put
Co.—Earnings—
'*
Period End. June 30—
'Operating
Operating
Federal
Other
the
440,495
5,448,344
retirement
292,348
138,548
3,449,053
1,863,831
res.
125,000
i 125,000
1,500,000
of
limited-term
1,500,000
investments
of
_.
•
3,861
3,861
Net
oper.
13,113
.Other
$480,444
$7,523,027
4,732
4,019
53,014
The
$8,558,544
income
Gross
(net)____
income
'
of
379,490
Interest
on
Interest
'* Amort,
$546,912
mtge bonds.
on
of
$7,576,041
1,141,375
$484,463
95,833
94,875
debentures
debt disc. &
$8,938,034
the
June
the
14,
1947,
•
expense
J73
..Other int.
&
150
2,314
1,102
300,899
48,892
3,674
______
3,674
______
applicable
the
$1.75
stock
each
income
$454,135
stock for the
applicable to pfd.
$387,378
$6,135,127
$4,710,407
period__
957,534
957,534
the
during
1
Balance
—V. 166,
p. g06.
_—
$5,177,593
$3,752,873
Inc.,
'SEC
New
York—Registers
With
■
r
Period End. June 30—
Operating
Operating
15
filed
registration
a
Other
to
be
verted
statement
f4,184,054
t2G',646,069
593,982
2,254,179
are)-exercised, and 52,000 shares are reserved for
loins
having conversion features shall be con¬
•
Mutual Investment Fund,
Inc.—Earnings—
6 Mos. lEnd.
iJ-'re
Taxes
Net
20—V*"
1946vi
ilT>47
$15;493
,
-
—-
;
1945
834
''
1944
.
6,153
7:5,905
"
639
'
income
profit
fNOTE—At jMn«» "-O.
of
amount
or
$.1,769
loss
1945,
$392,630 based
^
there
cost,
dividends
:
receivable,
stock
end
total,
and
of
' ' '363
a
$10,798
.($1
loss
$1,301;
JUNE
deferred
30,
at
*Deficit.
reserve
$996;
for
paid-in
1C5,
tions
$154;
total,
$313;
dividends
Manufacturing
raid''
nnes
Lnes
•
»
v
w
wi"
wu.
be
j",7
Increased."—V.
of
p.
holders .0:
1?-*-*77 6
^Cost
an
$627,702
433,803
$4:98
$6.23
Grellet
460
C
pk-'
under
tie
-
-
company,
and
the~-e
the
of iihe
<
"Other
in
amounts
effect
Central
lease
York
12
Federal
authorized capital
shares,
share
after
a
each
the
Sept.
5
par
$19
held.
Tt,e
dividend
date
75
,
dividend
payable
cents
cents
payments
each;
Sept.
paid
of
80
to
25
cents
25
share
per
holders
June
on
made:
were
and
Dec.
States Power Co.
of
this
of
and
record
65
26,
March
25,
cents
year-end
a
June
of
25
$105
—
compared
as
last year,
(Del.)—Weekly Output—
the
for
company
with
week ended Aug. 16, 1947,
48,075,000 kwh. lor the cor¬
increase of
an
&
14.4% .—V.
Manufacturing
165,
Co.
1947—3 Mos.—1946
663,
p.
(&
Subs.)—
and
1947—9 Mos.—1946
$8,016,564
$5,047,640
6,624,594
—
4,158,586
products sold—
amort
profit
$21,450,778 $12,748,529
.17,865,668
11,721,233
95,097
66,345
230,245
189,609
$1,296,873
$322,708
$3,304,865
$837,687
32,511
47,947
105,679
105,314.
1,329,384
$870,655
$3,410,544
$943,001
31,211
Cr52,760
Crl72,234
126,888
7,538
oper._
bef.
132
5,434
2,193
400,000
1,446,500
other
inc.
&
taxes.
service
on
'
—
from
Prov.
exch._
forgn.
for
Federal,
and
consin
Normal
and
Excess
Wis¬
Cana¬
profits
Net
Earns.
surtax-
671,900
tax—
of
New
under
*Plus
Crl70,000
$583,811
$436,764
$1,785,977
$0.98
$0.73
$3.00
shipping, selling, general
provision for depreciation
and
administrative
and
306.
1
income—net."
*
The
in
Federal
taxes
"Other income"
was
$313,955
for
the
$233,900
for
taxes
U.
to
converted
Canadian dollar
months
nine
on
at
income,
dollars
S.
at
June 30,
Oxford Paper Co.
(Incl.
in
con¬
Gain
from
before
Other
([Includes the effect of
profits
excess
credit.—
expenses'
ended
are
the
June
30,
included
1947,
in
of
1947.—V. 165, p. 2674.
Central
J.
above
York
the
has
been
second
System
,
on
,
Assistant
Sept.
on
,
Aug.
to
Vice-President
of
Douglas
has
165,
(&
"
depreciation.—
income
Total
Subs.)— Earnings—
1947—3 Mos^l946
•
,
0'
.
1947—6 Mos.—1946
,
operations
$1,616,746
(net)—
40,448
income
$851,498
$2,916,929
10,616
72,507
'
$1,657,195
$862,114
232,118
203,209
452,069
debs.
66,331
20,864
132,428
taxes
Horton
been
(Mildred
elected
a
notes
on
579,900
•
.
appointed
equipment
trust
Net earnings
-V. 165, p. 2674.
trustee,
of
1947
,,
19
$778,845
268,000
,
1,009,000
540,200
$370,040
$1,395,940
"$743,611
the
in
Pacific Finance Corp.—New Director—
T
announced
Executive
charge
of
the
the
appoint¬
of
Vice-President,
operations
Los
Angeles
Chamber
of
and
Aircraft
Corp.,
Lawn
Forest
has been elected a director.
and Clark, is a director of
a
member of the Beard
He serves as a director of Lock¬
Commerce
Municipal Airport Commissioners.
heed
and
1.
and
Broadway Department
Memorial
Stores,
Association.—V.
166,
Jackson Co*
Byron
704.
p.
Pan
H.
McAfee),
member
of
the
Pres'dent
board
of
of
American
Airways
Corp.
1947—3 Mos.—1946
Regularly scheduled non-stop Clipper service between
will be
inaugurated Aug. 29, the corporation
Aug.
14.
$2,578,541
1,636.257
10.145.160
387,116
459.806
—
travel,
.
"
$14 775 342
tions
Pan
American
recently purchased at
American
Panhandle
^
Eastern
Pipe
Line
12 Months Ended June 30—
9.451,805
Total
* 1.599.088
1.539 491
."'
Co.—Earnings
J
*1947
Operations
Maintenance
•
170,000
1,005,000
1.000.000
411,697
1,742,187
1,591,270
income
$2R6.R17
(net)
gross
revenues
:
;
;
$29,065,211 $25,735,'778
10,492,915
8.5,7$,9'>9
1.223,216
1.230,646
Provisions
for deprec., deplet. and amortization
local and miscellaneous Federal taxes_".
t Provision for Federal income taxes__-_i._,
.
$965,549'
13,103
51.105
3.803
$1,192,776
long-term
debt-
advances
on
Int.
$299,720
—
*$22,726
$1,016 654
244,843
244,842
979, 370
25,753
21,767
103,548
operating revenue
L,
Interest
96,493
Other
de-
misc.
ductions
tMisc,
net
:
Pfllance.
Sale*
—
reservation
income
Net
ot
9,239
:
*
deficit—
steam
.(M
11,880
38, 535
45,327
E0.000
.
50,003
250. 000
250.000
of
,
.
RvO
.
$30,115
2.925.283
•
91,071
income'—'___i
,
on
funded
debt
interest-deductions
$351,215
$*>-54 709
14,200,912
tAppropriated n-t income/for acquisition
property.—V. 165, p. 2673.
•
■
,
of
bonds
<m*i
fob
14,185,720
or
of
new
income
Earned
.
2.461.803
'Loss,
—
$8,799,482
|
70,041
$8,668,410
$8,869,531
1,059,944
1,288,363
$8,577,340
^
income
L_.
1
;
i
;
(net Cr
.
"
129,797
1
per common
share.:.
163,262
$7,738 263
ex¬
and
1.013,8 '6
12,2$p,000
979,370
Other interest, amon. of
debt disccunt and
Other
Gross
company-
1,214.303
■'
$1, 229,585
from
on
parent
,3.843,283
4,240,008
-t3,310,000
36,809
-
Net
income—'
on
.
will use the four rew-tvpe Lockheed Constella¬
a cost of $4,000,000.
This repeat order by
brings the number of Constellation-type- Clippers; oper¬
ated by the company's Atlantic Division to
20.—V. 166, p. 705J
jr
Wellesley
170.000
income
announced
-
The first service of its kind to be offered to
travelling public, it will
followed by through sleeper service over the same route scheduled
to begin Sept.
15.
For these latest additions to speedy postwar air
directors.
$15,796,984
1,882,904
-
Non-oper.
York and
New
London
1947—12 Mos.—1046
$3,215,466
expenses
Onerating
Londcn
Non-Stop
—
Flights—
be
416,139
:
$1,764,333
411,034
64,423
Corp.—Earnings—
revenues
Maintenance
•
-
Charles S. Thomas of Los Angeles, Calif.,
Mr. Thomas, who is President of Foreman
Pan
$14,480,098
'° debenture
$1,7435-3
20,803
$2,989,436
1_
and
Depreciation'
1196.
p.
New York Steam
Int.
the
of
*.
.
E.
Operating
Operating
in-
statement
exchange
Aug.
Jerome.
effective
providing
after
the
rate
current
State,
6%
(ex¬
-
Appointed—
Taxes
the
$1.03
amortization.
Wholly, Qwned Subsidiaries)/
Period End. June 30—
charged
Depreciation
1947—12 Mos.—1946
$613,111
operating results of the Canadian subsidiary companv,
showing a net profit of $125,491 for the three months ended June 30,
.1947, after providing $113,900 for taxes on income and a net profit of
15,
1947, authorizing the issuance
equipment trust certificates due $940,000
15 beginning 1948 and ending in 1957.
Period End. June 30—
on
3,75,200
Crl9,000
profit to surplusper share—
cluding
Commiuaica-
fact, current operating
in
were,
reduction
of
RR.—Trustee
dated
position
new
College,
on
t7eS were, acqulred through the
,v/'nr iU d,Pr the employees' share purchase
Snn James
acquired 1.800 shares;
^Eed 80O shares, and Henderson Supplee, Jr.,
,«.
c ,1® _19rtoln° shares were outstanding
»v, ll>5. p. ^.280.
65
output
paid,
Loss
New York Life Insurance Co.—New Director—
prta" ege7'a7-
at
25,
chgs.
Int.
Frank
of
the
Mrs.
C»rp-°Ptions Exercisedplan
with
discontinued products,
etc.
——
'
of
the
5,000,000
for
respective
included
are
Trust Co.
and paying agent
New
pense
-exercise
of
Int.
Kee, Vice-President in Chicago, was appointed Vice-President Assistant
to
the
President, with headquarters continuing at Chicago.
J.
J.
Brinkworth, Vice-President at Cincinnati, was appointed to succeed
Mr. McKee, with headquarters at Chicago.—V.
166, p. 470.
-
lntercst Payment
r;.crrt
declared
18
54,981,000 kwh.,
Net
Dougherty, now Vice-President for improvements and devel¬
opment, has been oppointed
to the new position of VPe-President
Assistant to the President, with headquarters in New York.
J. L. Mc-
10l',250
$584,793
Inc., the parent
1947—3 Mos.—1946
Aug.
following
Net profit from
Other income—
S728 050
now
p.
$20,. to
exchange
1947.
sales—.:
Net
$9 400,000 par value 2'/a%
R.
National Cubai Hotel
Corp.—Interest Payment—
debent
*415.545
$1.46
Changes in Personnel— t"'
452,337
1657pt:928~"""" $4'987'330 $3,715,344 $20,470,742
-come6
9,334,206
*58.412
Guaranty
Gross
-
8,167,430
*100.346
non-recurring items.
annually each Aug.
14,275
National Bellas
iless, Inc.—Sales Increased—
—V
2,333,551
$0.94
that
§Includes
registrar
$4,439,752
3,258,464
place orders for $1,200,000
equipment and plant improvement at
Nashua's production of famous branded
166,
in
available
Period End. June 30—
Co.—To Place Large Orders—
Co. will
taaihinery,
i-Saree8ri0drnd''JUly3:"~
"
9.768.009
.
and
considers
agreement
$4,425,477
101,250
Pr€sident 01 Textron.
worth^o'4 Manufacturing
Nashua
7.751.884
,
accounting •requirements
New York
The
V.
Au*°yi5
2.275,139
1.455,355
470.
166,
to
$686 043
stock—
to
maintenance,
3,862,682
—Val165C p°r6^8mm0n diVidends ard sul'Plus—
"
4,347,437
amount
an
ment
439,495
cUm.' pfd.
>
Earnings—
14,115,446
4,637,617
estimated
1945
53,149
charges—
be'ore
dec.ared on
Nashua
12,389,501
1,086,386
offsetting such tax reduction.
refund arising from carry-back
of
$710,105.
expenses, $1,015;
income taxes,
$4,988,220
pen3CS and taxes
r'S
Balance
par
issued
Outboard, Marine
periods, shown, repre¬
service pension accruals, ,;whiph
ihiscejianeous. -deductions < from income • in; order: !to
Commission
expenses.
accrued
$4,935,071
incomc_______,—________
to
C
Co.—Split-Up Voted—
stock, par $20,
the
Northern
1112,627.249§H16,231,836
Dr237,748 Dr2,116,390
t"Operating revenues" include lor the three months and
nection with certain
value
1947
mJ»itann«lr0T e*5'r:n3a—
Electric Power
Prov. for Fed. inc.
(market
surplus, $767,096;
security
undistributed; intame, $617;
operating-revenue—_
Divs.
3.361,525
1,555,701
comply .wita -the
Narraginsett Electric Co.—Earnings—
.
3,481,070
—.
charged
were!
2280.
p.
Wisconsin
of
to
.
share
a
470.
p.
Electric
$
32,272,520tl33,840,760 121,579,018
26,326,821 111,538,857
92,459,786
370,668
11871,271 §115,149,932
2,093,961
8,803,383*
7,737,464
$694,257, - $775,960 for the
senting ;that portion of employees'
accrued
Three Morths Ended March 31—
Gross
etc.,
$
ending June 30, 1947, approximately $144,100 and $237,000,'
respectively, subject to refund in the event of an adverse-decision in a
pending rate case.
J "Opera ting expenses" exclude amounts of $173,565,
1947
Federal
(deficit), $119,669;
Sept.
166,
totaled
Co.—Earnings—
months
'
'
668.
p.
2,697,307
1,241,952
Balance,——
The
woic?
Interest,
166,
1947—12 Mos.—1946
V.
appreciation in
that date.
custodian
by
charges,
payable,
$54,307;
pgr),
account
$710,10::.—V.
Other
1946.—V.
Drll9,545
Earnings per share—
with
unrealized
net
quotations
held
..$9,893
securities.
$612,831; cash in hands of custodian, $95,318;
distribution: $5,430;
capital
was
SHEET,
.
owned
LIABILITIES—Redemption
accrued
$8,396
sale
market
on
BAtANCE
—Securities
$655,980
from
Gas
compares
25,
year,
Deprec.
and
15
7,483
_—
company
"
,
^Exclusive of
share
15
"
-
$20
NOTE—The
'$1.6,221
..
Oct
on
of
and
stock
March
2,68.9,824
income
$173,565,
,,'$17,590
6,694,
585
.
0
'
-$15,925
5,140
,
_2__
*Net income'
■«..
income,
(net).
deductions-.
Dividends
.
capital stock.
The reserved shares will not be
underwritten.
Proceeds will be used for-general corporate purposes.
—V, 165, p. 3054.
Expense?
income-
on
taxes-
Interest
s!' ares, of
Bicome—-dividends
made
V
the
with
certa n"
into
1937,
being
*
issued
if
issuance
rate
the
stock
shares of
,
sold
and
15,
lien
on
$
revenues-
tOther income
cover.ng 3T7.259 si ares ($1 par) capital stock.
The stock is to
throir'-. brokers and other agents. Of the total
100,000 shares
°^ered publicly - at $2.50 per share;
165,259 shares are re¬
served for
tsrwmce .when, -as and if stock purchase warrants issued
be
15,
prior
paid
1947—3 Mos.—1946
expenses——
taxes
Total
Aug.
on
SEC
be
at
100
dian income taxes:.
'
The company
„
and
•
.....
Records,
to
■
■
Net oper.
Musicraft
Mr
record
arrears.
$7
also
New England Telephone & Telegraph
Fed.
v
This
5.
March-
the
on
1937,
June
Sept,
in
are
on
$
Net
is
cash
pay
one
become
on
common
Last
Three-quarters
ended
ended
were
quarter
follows:
as
quarter
quarter
dividends
of
lien
in
to
the
"
Divs.
directors
Sept.
for
approved
common
.
Int.
chgd. fo construction—credit.
to
which
for
prior
and
(
2,582,461
1,403
deductions
is
dividend
dividends
$6
Plan
Hampshire—See
declared the full quarterly dividend
payable on Sept. 15, to holders of
12
dividend
thereof
quarters
on
New
of
19
'
shares,
be
to
responding week
stocks
said
of
quarterly
$1.50
Aug.
on
amount
Co.
Aug.
Aug, 20 voted to increase
on
to
.'-4
below).
the
V.
on
;
1,200,000
shares
617 4-1
$1.96
Declared—
This
one-quarter
Co.—Cancels
Service
below.
preferred
1947.
first
Full
1,383,005
,213,269
*_■
Public
;
will
'
expected
The
on
15
Service
Public
directors
30,
the
Aug.
England
lien
Aug.
and
'
production of 13,969,634 KWH for "the corresponding week
the
Distribution
12.
Larger Distribution Declared—
KWH.
Distributions
13,113
$542,180
revenues...
is
678*893
.
1,561,979
$0.42
Commission
Co.
than
less
668.
from
split
Electric Association—Output—
Aug." 15, this Association reports electric out-,
This is an increase
of 745,566 KWH, or
ended
Sept.
American
p.
97?
01?
17?
175
Approved—
Exchange
common.
record
53a
633
$3,625,093 $16,795,221 $15
$0.34
company.1,to distribute five shares of
Power Co., a
subsidiary, for each
receiving
new
on
of
prior
"
"
ago.
New
utility plant
;; acquisition, adjusts.'
$1,049,404
'
$2,948,975
Northern Natural
two
684,549
Electric
North
166,
(see
latter company
______
$1,012,389
—
-
output for
Sale
■
...
week
above
year
1,054,694
1,757,822
&
apprup...
of
46,554
221,423.
stock
The stockholders
...
week is reported at 116,567,000. cu. ft.,
an
increase of 3.964,000 cu. ft., or 3.52%
above production of 112,-_
603,000 cu. ft. for the corresponding week a year ago.—V. 166, p. 668.
4,979,082
269,718
168,702
taxes
Amortiz.
370,234
l____—-—
14.715.200
of
Gas
$1,406,574 $19,801,229 $17,866,516
$1,546,095
expenses
taxes
"Amort,
a
1947—12 Mos.—1943
1947—Month—1946
revenues..J-
Property
it deplet.
:
504,894
*
165, p. 3055.
5.34%
.
Cr9,214
339,772
—
taxes—_—
V4,Uo
to
and
American
holders
2,608
;ciVr44,562
expense.:
construction-:—
New England Gas &
neoessary extem.'.on-, additions and improvements.'
The SEC has
•pet Aug. 2G' to hear the company's petition to sell these
issues at
.competitive bidding.—V. 1.6, p. 668.
'
$1,678,856,
—V.
Other interest.:
tfor
■
Wisconsin
holders
notes--,
^serial
on
Federal taxes,
before
Total .income
3*20
»
stock
com.
of ,this
proposal
North
$1,4£n9Kn $I'6R5
50,260
^5^480
(net)—_—
income
Interest
{JEC covering $7,000,000series B (par $100). Proceeds areshares cumufirst mortgage bonds and 40,000 to be used
ative preferred stock
'
725,173
>
The
witness.—V. 166, p. 569.
a
,
150,000
83,113
stock
of
Securities
stack
I
•
income-^—
Operating
Other
Federal
address of
,
applicable
pfd.
on
The
of
together with the client's
bonds,
of all
taxes-------
General
$lftiifi%!L
702,000
209,307
loan notes
Stock Distribution
387 -141
«io riq
633,276
796,484,
123,000
45,082
bank
common
*5•«?■?£!
flt'w
—-
tax
taxes
on
Per share
———
—
plant and equip.
of prop.,
—
income
Balance
.»c
$7-748'897
—
—
expenses—-——
for retirement
Prov.
securities,
and all
Sept.
19,
1947.
of
revenues__
Maintenance
before
or
on
Operating
\ I
-v -
,
ICC
acceptable, must be made out in duplicate and
signature and the s.gnature and
4
class
each
for
the
to
operating
Other
Divs.
Ar,
the
of
Federal
Light Co—Earnings—
12 Months Ended June 30—
Total
Missouri Pacific reor¬
ganization plan may be obtained by written request to Interstate
^Commerce Commiss.on,*Finance Division, Washington 25, D. C.
'J Owners of bonds of the Missouri Pacific System, including Inter¬
national Great Northern Ry.* bondholders and New Orleans, Texas
*-& Mexico Ry.. bond add stockholders, are entitled to vote.
*
Bahots
may' be obta.ned by
furnishing the ICC with the names
•and addresses of the persons for whom the ballots are intended, to¬
gether with a descript.on of the securities held by such persons.
the
income
Expenses
Int.
New Bedford Gas & Edison
it
Total
a
668.
p.
1946
$3,537,027
537,027
336,8 5 7
:
$4,394,385 $19,517,164
lima
13,304
67,438
'
quarterly dividend of 10 cents per,
the
capital stock, payable Aug. 29 to hold"s °^nT®cQ°/d
An initial distr.bution of 5 cents was made on May 29, 1947.
directors
share
Increased—
Fund, Inc.—Dividend
Nesbett
The
*
1947—12 Mos.-
$3,519,307
17790
17,720
_
tucky Utilities Co.— /. T3G, p. 667.
ONLY)
1947—3 Mos.—1943
$7,744.4° 3
$4.43; ••
T_________r__
$4.43
"For the purpose of comparison, certain figures for the Six months
ended June 30, 1946 (included in the 12
months' period ending June 3?,
.1946). and for the. six months, beginning
July 1, 1946 (Included in thi
12 months' period ending June 30, 1947) have
been restated to show
.the'efect
of
the
matters
referred
to "in
n~te
"t."
(Provisions
tar
income taxes are affected by certain factors
which cannot be defi¬
nitely determined until'the close of a calendar
year. ..Thus the taiccme
.
Number 2623
166
Volume
THE
periods cannot always reflect the tax expense
tin 1946 there was a non-recurring
statement for interim
(763)
impervious
LIABILITIES—Accounts payable, $617,251;
accrued Federal taxes on
$6,805,584; other accrued taxes, wages, salaries and expenses,
retirement annuity plan (estimated), $162,000; reserve for
contingencies, $1,123,019; common stock
($1 par value),
$1,500,000;
paid-in surplus, $4,8S0,411; earned surplus, $16,734,158; less reacquired
common
stock (held in
treasury, 19,950 shares at cost), $518,700;
total, $33,813,871.—V. 166, p. 570.
has asked the Ohio Utilities Commission to approve a
issue of unsecured promissory notes bearing 1.875% in¬
terest as part of its financing program for additional pipeline facilities
from the Texas fields through Ohio.
,
•
;
...
"
The company already has obtained a certificate of convenience and
necessity from the Federal Power Commission for the $23,751 550
project.
New York, Chicago and Pittsb&rgh banks have loaned
$10,000,000 and the company proposes to take the remaining $3,751,550
from its general funds.—V. 165, p. 2674.
000,000
The
and
to
SEC
oral
on
June
the
Sept.
company on Aug.. 14 filed a letter of notification with the SEC
($1 par) Class A common stock and 23,250 warrantsPurchase of Class A common stock, to be offered at $2,625 per
share and warrants are to be sold-to the underwriter at one cent per
warrant. Underwriter is Henry P. Rosenfeld Co., New York. Proceeds
will be used for expansion.—V. 163, pp. 3142, 3290.
of June
the
properties
at
City,
Texas
denied
Corp.,
fining
electric
a
John
of
that
In
Venezuela, Ss A.—Affiliate Starts
;
;
;
";
:
Coastal Petroleum Co.,
The
•;
•_
affiliate,
an
on
'■
/
leased, oil and gas acreage in Florida
as No. 1 Ragland, is located in Levy
the west coast of Florida,'approximately three miles north
of Cedar Keys and about 40 miles southwest of Gainesville.
It will
be drilled a minimum of 6,000 feet, unless production is encountered
at a lesser depth.
<■
The leases, from the State of Florida, cover a 400-mile strip along
the off-shore of the west coast of Florida; adjacent bays, inlets and
islands,
and the beds of most of the important rivers, as well as
the beds of 11 lakes,-the largest of which Is Lake Okeechobee,
Three wells, owned by Humble Oil & Refining Co.,. a subsidiary of
Standard Oil Co.
(N.
are producing oil in
Florida at present.
of
not
its
has
will
mand
by
PRC
home
the
as
Aug.
on
Corp.,
announced
16
the
times
facilities
office
a
give
volume.
large
Philco
in
as
freezers amounted to nearly
The plant facilities now being acquired
refrigerator-freezer plant in
refrigerator production capacity several
in
a
e ar n e
pursuant to
iraiuierred to
transferred to the
Tacoma Inti.
wer«
Plywood
of
Aug.
on
bank
previous
a
announcement,
before
Inventory
Research
taxes___
_________
Taxes
income
develop.
exclusive
items
recurring
res.__
1,794,500
per
p.
non-
Interest
taxes:.
common
$1,626,974
798,147
$1,609,754
$1,609,754
$1.10
3,424
$1,482.8-1 Of
516,664
2,211,323
1,197,162
105,809
303,090
142.-767
45690
653:
2,685?
$138;071
$10,272'-
$138,071
$10,272
Federal
before
$7(288>
inoome___
on
-
97,562:'
892
3,916
11,470
8,918C
3,140
accts.
$773,609*
662,435
Fed.
$-326s413:
Taxes
38:084"
663
income—
$288,328
$6,625
.
_____
375.
166, p.
Co.—Preferred Stock Offered
headed by Dillon, Read
has underwritten the exchange offer by the
Company of 140,000 shares of 3.60% preferred stock, (par
$50) for its 5^% and 6% preferred stocks (par $100),
of which there are outstanding 70,000 shares.. The price
& Co. Inc.,
to
public for any unexchanged new
share plus dividend from July 1.
the
$51.75
Transfer
C.
preferred is
per
Registrar,
D.
v
agent, American Security & Trust Co., Washington, D. C.
Union Trust Co. of the District of Columbia, Washington,
.
'
..
;
.
;
.-
PLAN—Company now
REFINANCING
has outstanding 70,000 shares
of preferred
stock, 5V'a%
$100). The
of the company provides for the authorization of
3.60% preferred stock, of which 140.000 shares will
holders of the old preferred stock, and any balance
preferred stock (par $100), consisting of 20,000 shares
6% series of 1925, and 50,000 shares of preferred
series of 1927, and 90,000 shares of common stock (par
of
stock,
.
such shares of new
of
will
be
for cash
sold
all shares of
of
preferred stock not required to effect exchanges
underwriters.
Company will retire and cancel
to
stock acquired in the exchange.
old preferred
All shares
preferred stock will be redeemed on Sept. 1, 1947, at $107 per
Funds for the redemption of the old preferred stock will be
old
share.
temporarily provided by borrowings and will be permanently financed
by the issuance of 140,000 shares of the new preferred stock.
The
90,000 outstanding shares of common stock will be reclassified into
85,000 shares of
the new preferred stock and 2,961,250 shares of
common stock
(par $10),
EXCHANGE
OFFER—The company offers
of
shares
for
to holders of its old pre¬
privilege of exchanging shares of such old
new preferred stock on the basis of one
the
stock
ferred
preferred
share of
stock (par $100) for two shares of new preferred stock
(par $50), together with a cash adjustment as follows;
(a) Preferred stock, 6%
Series of 1925: The cash adjustment for
holders of preferred stock, 6% Series of 1925, will be $2.90;
(b) Preferred Stock, 5'/a% Series of 1927: The cash adjustment for
holders of preferred stock, 5Va % Series of 1027. will be $2.°0,
Holders
of the old preferred stock who desire to accept the ex¬
$14,787
$1.70
10,104
1,900
Potomac Electric Power
$14,787
share.--,.
$763,505
$1,479,385
$2,861,221
—An investment banking group,
■
,
1945
1946
1947
$2,859,320
264
so!d_
Profit
150,000
1,617,900
,
Ended
expense
Profit
old
__
OF
-Years Ended Jan. 31-
d
adm. exp.
&
dbtfuh
Estimated
stock
$2,425,121
aft.
—i_I
income
165,
of
■
inc.,
non-recurring
Net
goods
gen.
for
1,300,000
1,200,000
375,614
.
—
Net
—V.
June 30,'47 Mar. 31,'47 June 30,'46
$57,754,000 $50,187,000 $22,861,000
4,997.088
4,527.654
164,787
—
reserve
& product
Earnings
STATEMENT
INCOME
Ended—
—
Income
Net
for $4,000,000 cash. Proceeds of
other treasury funds to reduce
of philco Corp. for seasonal working capital requirements
$9,000,00o' on April 30, 1947, to $3,000,000 currently.
Quarter
Inc.—Special Offering—A special
offering of 4,000 shares of capital stock (no par value)
was made on the New York Stock Exchange on Aug. 21
at $36 per share, with a commission of $1 per share, by
Goldman, Sachs & Co.
The sale was completed in the
elapsed time of 10 minutes.—V. 166, p. 570.
Presi¬
4%
Sales
Penick & Ford, Ltd.,
Ballantyne,
John
said that the Philco Storage Battery Division, which
of the corporation's total volume of business last
15
for
loans
,
from
of
Prov.
—V.
INCOME
BUSINESSES
$637,592
Sell'g,
on
OF
STATEMENT
income-
other
refinancing plan
400,000 shares of
be offered to the
194L
Loans Reduced—
year, was sold as of June 30, 1947,
the sale have since been used with
of the country as well
City.
He added that the
York
New
Philco
new
formerly
exchanges
31
largely
is
the
stock
May 31; 1947
$637,327
sales
and
and
refrigerators
the
Supplementing
dent,
by rapid expansion of
prompted
was
of
Philco
great
as
Bank
Eagle Lion Films, which
hereafter will distribute its own pictures and those of J. Arthur Rank,
according to an Associated Press dispatch:—V. 166, p. 57.
change
$98,000,000,
with
Philadelphia
the exchanges and distribution
wholly-owned subsidiary of Pathe
acquisitions includes
of the film centers
all
in
and
and freezer orders totaling
operations to meet this de¬
considerable period ahead, the statement
refrigerator
and capacity
of
required for
of total
combined
Eagle
that
backlog
sales
1946,
25%
of
a
additional Philco shares to be
' :
"
will continue without any
Manufacturing Co.
COMPARATIVE
said
Purcell
Mr.
Exchange
the Rex
Inc.
Industries,
operated
Chairman,
acquired all
has
Inc.,
PRC
of
-
7.—
In
to
Purcell,
W.
Films,
.
company,
said.
Pathe Industries, Inc.—Unit Sells FacilitiesRobert
par
a
be
accounted
facilities
••
....
..
Philco will Issue a net total of 51,993
value common stock which has been authorized
income of Rex for the past
12 months is sub¬
Net
of
approximately
1,600 .barrels: The Humble production is
in
the
Sunniland field, situated some 250 miles south of Coastal
Petroleum Co's. No. 1 Ragland well;—V. 166, p. 570.
v
;
Lion
$3
issued.
Philco
.
runs
.
change under the direction of the present executive management,
no changes
in policies or personnel are contemplated.
.
production
company.
Operations
County on
Daily
plan
outstanding
the
of
Commissions
Aug. 19 announced that.
on
excess of earnings on the
issued, according to the announcement.
under
is
and
Cleveland
1947, and as of such date their assets
As of the same date there was
75%
taxes
stantially in
Aug. 19 announced that
of the-first well on its
way.. The well, known
drilling
company
Corp., Philadelphia^-Acquires Rex Assets-
acquiring the Rex
but
;
_.
this
of
Ballantyne, President,
shares
Drilling—
output
"in a further
expansion of its refrigerator and freezer division, this corporation' is
acquiring the production facilities and all other assets of the Rex
Manufacturing Co.-, Inc. of Connersville, Ind." For the past several
years, Philco has purchased the entire refrigerator output of the Rex
plants and has had an investment of $973,000 in the preferred stock
which, in turn, is-controlled by Standard Oil Co.-(Indiana). The
consideration was not disclosed.
The Stone
Oil- Co. will continue to-operate the plant under its
own name,
which P. J. Sweeney, general manager of Pan American's
Texas City Tefinery, as President.—V. 155;'p."* 507.
/.' '
;
Pantepec Oil Co, of
of
4 Mos.
Net
Cost
■
,
and <lts subsidiaries for the
ended Aug. 16, 1947 amounted to 131,345,000 kwh,, an increase
of 8,171,000
kwh., or 6.6% over the corresponding week of 1946.—
V. 166, p. 765,
Co.,
-
such
PREDECESSOR
Co.—Weekly Output—
Philadelphia Electric
refinery, have been sold -to Pan American • Re¬
subsidiary of Pan American Petroleum & Transport
a
1,
COMBINED
by the Commission on Aug. 5, the
must file proposed
findings and supporting briefs before
and reply briefs before Oct. 1.—V. 165, p. 3172.
17,
The
barrel-a-day
*7,500.
to
stock
company's motion
the
directed
As
company.
PhHce
including
Texas,
Pursuant
capita!
company.
company
week
Refining Corp.—Acquisition—
Co.
1947.
1,
outstanding
Total
93,000 shares
Oil
abrasion
to
Co., Plywood Grand Rapids Co. and Cadillac Plywood Co., in ex¬
change for 265,000 shares ($1 par) common stock. T*e two corpora¬
tions of which all the capital stock was
acquired were dissolved as
The
Stone
resistance
vapor.
ton
for a rehearing
its request for additional time within which
Commission's
"death
sentence"
proceedings
15
Aug.
argument on
briefs
in
the
file
against the
for
The
and
and
(Wash.).
company
Pan American
strength
water
11
a plan dated as
company acquired ail' of
Plywood Co. (Ohio)
and
Traverse Plywood Co.
(Mich.)
and all of the assets subject to the
liabilities of four co-partnerships, Plywood Detroit Co., Plywood Day¬
of
Philadelphia Co.—Hearing Denied—
Pan-American Export Corp.—Files With SEC—
for
to
The company was organized in Michigan
$2,500,149;
The company
structural
high
income,
Issue Approval—
Asks Note
CHRONICLE
savings notes, series C (at cost plus interest), $4,076,550;
accounts receivable, $2,437,032; inventories (at lower of cost or mar¬
ket), $7,968,949; investments and other assets, $695,119; land buildings,
machinery & equipment (after reserve lor depreciation of $6,160,^8),
$10,620,261; patents, trademarks, etc., $4; deferred charges, $125,787;
total, $33,813,871.
'
'
resulting from financing which reduced Federal income taxes
approximately $450,000. Similarly, in the year 1945, there were non¬
recurring deductions resulting from the redemption of securities and
front accelerated
amortization for tax purpose, of certain emergency
facilities constructed during the year 1945 pursuant to a Certiiicate
«f Necessity
granted by the War Production Board, which reduced
Federal income taxes approximately $1,226,000.
'
deduction
$10
FINANCIAL
&
Treasury
applicable to such periods,
finally
COMMERCIAL
preferred
change
$0.01
Security
3288.
(EDT),
offer must deposit their shares
& Trust Co., Washington, D.
Aug. 26, 1947.
at the otfice ot - American
C.( not later than 3 p.m.
on
new preferred stock is to be issued for the purpose
the old preferred stock at a lower dividend rate. ,
1
PURPOSE—The
It
Its
is
that
announced
production
completed
the
of
plant.—V,. 166,
insecticide,
benzene
this
operation by
705.
p.
greatly expanding
hexachloride, has-been
at its Natrona, Pa.,
unit
new-manufacturing
a
new
in
put
and
Stock Offered—Baker, Simonds & Co., Detroit, on Aug. 19 offered at $2 per share
200,000 shares of common stock (par $1).
.,
PURPOSE—Company
company
Subsid.)
Payments
$3,507,186
240,659
182,477
—T._^
to
"^7ater
Harbor
Safe
,
Power"
Corp.
54^,49$
for electric services to Pennsylvania customers
Interchange power (net) Cr________
Other operating expenses-
Depreciation
Federal
I
I
income
Ml ,428-:
Operating Income
kition
000
net
Gross
income
;
Miscellaneous
shares
stock
such
of
Net
$1,501,093
>
t
.
I
'
Petroleum
The
share
the
on
5.
and
a
June
1946,
On
13,
on.June
$1,160,478
$2.24
$2.57
V '
stock,
was
last
1947.—V.
effect
165,
the first three quarters of
of 25 cents was made.
reported to amount to $9.43
distribution which was made
payment
a
1947,
were
the
to
1109.
p.
sinking fund debentures
5%
Common
stock
1,000,000 shs,
"
par).
($1
purchase
stock
77,000
FINANCING
Outstanding
$500,000
$1,000,000
—
warrants.,—^
Obligations
to
partners
of certain
predecessor partnerships
Common
..
due Aug.
1967
1,
of
each
in
1,
giving
Authorized
Corp.—20-Cent Distribution—
year,
June
of
EFFECT TO PROPOSED
500,000 shs.
••;
6 Months Ended June 30—
Gross sales,- less returns
Cost
of
goods
t77,000
authorized stock are reserved for issuance upou
exercise of warrants attached to the- debentures,
tit is contemplated
that this
amount will he reduced in equal,-monthly instalments of
*50,000 shares of the
allowances
and
—
excluding depreciation—
Provision for depreciation—____:
Selling, general and administrative expenses
Gross
profit
Other income
.
Cjrob
Other
,
$17,774,507 $22,561,132
9,480,139
10,050,403
541,571
350,757
1,179,826
1,376,897
;
from
income
$6,572,971 $10,783,075
231,616 *
103,845
,
$6,804,587 $10,886,920
operations
—
;_
_
;
.
deductions
Provlsion
-
268,509
taxes
on
income
410,087
2,509.000
4,000,000
$4,027,078
for Federal
incdihe
$6,476,833
surplus Jan. 1
1-ash
dividends
Earned
on
common
surplus,
June
warnings per share
on
5,844,791
14,187,129
$18,214,207 $12,321,624
——
stock
1,480,050
30
._
1,480,050 shrs. outstdg._s.
1,102,500
$16,734,157 $11,219,124
$2.72
$4.37
iASSETS-^-Cash
^vernmenfc
'
'*
*
1
■
'
hand
on
and
and
municipal
demand
securities
iV.T
;
'
.
•>
r.
i
*
.
.J
til
.
•
•
.
•
$5,203,142;
$2,687,027;
deposits,
cost J,
(at
11
i
■
.
U;' t
"1
'
'
(i •
a*?
S.
S.
U;
U.
..
!o
;»/
..
■
on
subsidiary Plywood
a
capacity of approximately 2,500,000 squareplywood on a 3 inch equivalent basis per month, of
feet are attributable to the company's present
facilities and 2,000,000 square feet to the' facilities of Kalpine.
of
productive
finished
500.000
which
square
engaged in the manufacture' -and sale of plywood
and related items, and is continuing the businesses formerly conducted
by its predecessor corporations and co-partnerships.
Company and
Its predecessors are primarily jobbers and not manufacturers.
The
company
addition
wood"
SHEET, JUNE 30, 1947
They rent
estimated
feet
In
BALANCE
-
its
in Michigan, Ohio and
month to month basis an aggregate of
approximately 35,500 square feet of warehouse space in Detroit and
Grand Rapids, Mich., Cleveland and Dayton, Ohio, and Tacoma, Wash,
at a total rental of approximately $1,750 per month.
In addition the
company owns approximately 61,500 square feet of plant facilities lo¬
cated
in Cadillac and Traverse City, Mich., where it manufactures
plywood which is distributed through, its own warehouse sales outlets.
Upon the acquisition of Kalpine Plywood Co. (Ore.), the plant facil¬
ities of the company will be increased to over 100,000 square feet of
manufacturing space.
After such acquisition the company will have
(Wash.),
Inc.
Washington.
an
Net
l«n?ed
BUSINESS—Company and
operate warehouses
Si
COMPANY
Tacoma
This
film
which
to
It
is
plywood
purchases
the company also sells "plastic-faced ply¬
in the open market from various sources.
product is made by uniting wood veneers and a fibrous
form a strong material of durability and versatility.
to
plastic
It has
;
'
Outstandng
$20,000,000'
5,000;0(Kr '
10,000,000-
'•
- *'
5,000,0002,000,000
April 1, 1952;*
$2,000,000
1947--,-
;
2,000,000
'
.
may
a maximum of $12,000,000 under a credit
19, 1947, during a period of two years from
July 1, 1947, there were outstanding $5,000,000
borrow
aggregate principal amount of the 2% notes and it is expected that
prior to the issue of any shares of new preferred stock the entire
amount of $12,000,000 will be outstanding.
All notes evi¬
dencing such borrows bear interest at the rate of 2% per annum and
are
payable on or before April 1, 1952, and under the terms of the
agreement $2,000,000 principal amount of such borrowings must be
used to pay the 1%% notes payable Sept. 3, 1947.
tAfter redemption of the old preferred stock the holders of common
stock (par;$100) will meet on Sept. 3, 1947, to authorize: the 3.60%
maximum
<
preferred stock and the common stock (par $10); the reclassification of
the 90,000 outstanding shares of common stock (par $100) into 85,000
shares' of the 3.60% preferred stock and 2.961,250 shares of common
stock (par $10); and the transfer of the necessary funds from earned
surplus to capital account.
...
• ,
incorporated in April,
America relating to the
engaged in the genera¬
tion,
transmission, distribution and sale of electric energy in the
District of
Columbia and in a limited contiguous territory, largely
suburban and rural, in
Maryland, and interchanges electric energy
with a neighboring utility system.
Company's system is interconnected
with that of Its subsidiary, Braddock Light & Powe^, Co., Inc.
Com¬
pany
supplies the subsidiary with its entire electric energy require¬
ments and also furnishes it, at cost, with engineering, operating and
miscellaneous services.
The subsidiary is constructing a power plant,
the first unit of which is planned to be available for service in 1949.
The major portion of the electric energv sales of the company and
its subsidiary is to domestic and commercial customers, including the
United
States and District of Columbia
governments. There is a
AND BUSINESS—Company was
the laws of the United States of
Columbia.
Company is principally
COMPANY
under
District of
$7,000.
1946
1947
sold,
tCompany
1896
*
.
(Chas.) Pfizer & Co., Inc.—Quarterly Report—
•
notes jkay. on,or bef:
agreement dated Feb.
April 1, 1947.
As of
intended to be used for the
to Commonwealth Bank,
GIVING
July 1, 1966)
Dec. 1, 1974 (
Aug. 1, 1975f
Aug. 1, 1977J
mental thereto.
or approximately $322,300 Is
of
$270,000
bank indebtedness
CAPITALIZATION
declared a dividend of 20 cents per
payable Sept.. 12 to holders of record
disbursed on this issue on March 12
and
year,
27,
as
after
13,
A
>
working capital purposes, the payment of a
mortgage of $1Q,000 on the- Traverse City plant, and for additional
working capital to finance inventories and operations of the(expanded
business and for other general corporate' purposes,
Authorized
400,000 shs*,
1225,000 shs,
Common stocM$10 par)__U_——
5.500,000 shs.
2,961,250 shs.
♦Additional bonds vinay-be issued under the Indenture^ on compliance^
with the provisions thereof and the provisions of indentures supple-,
Detroit, Mich., incurred for
proceeds,
.
18
amount
this
Dec.
share,
Aug.
class
Arrearages
Per
8,950
$1,018,409
I
Trading
on
like
-
r 1
sum
retirement
,
< t
,
&
directors
Sept.
*
3287.
p.
'
t
the
5,371
stk. after pfd. divs.
com.
to
tion
337.036
8,300
___
share of
per
'.v
v
EFFECT TO PR0P08EP
.
tl3/p% notes pay. on Sept. 3,
.■Capital-stock:.,.,
3:60% pfd. stock ($50. par jl
so
deposited. If all of such stock is deposited
expended for such purpose will be $440,000, In addi¬
of $10,000 already paid.
The balance of the net
5,267
,
income
Earnings
—V. 165,
t2%
was
to be
329,528
income, deductions
.
GIVING
REFINANCING PLAN
;
bonds:
1966, due
1974, dUe
1975, duo
1977, due
Bank loan notes:
proceeds it is the intention of the company to exercise its option
purchase all of the outstanding stock of Kalpine Plywood Co,
(Ore.) or so much of such stock as may be deposited under an agree¬
ment
dated
May 28,
1947.
On Aug. 4, 1947 approximately 96.5%
220,190
$1,350,970
___;
debt (Cr)
premium on
■
series due
series due
series due
3(4%. series..due
3(4%
to
'
of
3Vh%
3(4%
net
$1,280,903
long-term debt—_
on
Amortization
,
proceeds to be received by the -company from the sale [of.
5% Sinking Fund debentures to be offered shortly] 200,of common stock are estimated to be $762,300.' With such
the amount
Interest
manufacturing-facilities.
additional
of
The
$500,008 of
152,312
$1,173,757
177,213
!____
____:
income
"
*
501,561.
,
156,367
.____
__
in- the
•
..
produced none and since then have produced approximately #3%.-.of
plywood sales innthcivt'own manufacturinf'facilities;, the princi¬
pal purpose- of the present offerhigds to provide* funds for the acqui-
286,572
289.437
433,130
___
engaged
CAPITALIZATION,
First mortgage
formed by a group of per¬
business of wholesale dis¬
.Cutheisr '
400,754:
943,504
'
_
592.686
1,068,856
taxes—--.
Other taxes
Other
1946
V $2,715,49*
—
revenues
Maintenance
new company
of plywood. Company, as presently constituted,
is made up- of the businesses formerly conducted by the partnerships
and corporations which these persons owned and for the transfer of
which as of June 1, 1947, they received stock of the company on the
basis of $1.40 per .share.
Prior to 1944, the company's predecessors
^
1947
6 Months Ended June 30—
Operating
a
of refinancing
and-jobbing
tribution
Pennsylvania Water & Power Co.- -Earnings—
is
primarily
heretfore
sons
...
(Ihel. Susquehanna-Transmission Co, of Md.,-a wholly-Owned
Inc.—Common
Plywood,
Pennsylvania Salt Mfg. Co.—Opens New Plant—
comparatively small amount of heavy industrial activity. In the area
served by the company and its subsidiary and revenues from such
sales
are
correspondingly small.
Capital Transit Co., which is ^at
present an affiliate and which operates a street railway and motor
bus transportation system in
the District of Columbia and adjacent
sections of
Maryland, purchases all of its requirements of electric
energy from
the company and each comnanv renders certain services
to the other and makes use of certflih of the other's facilities.
j
Electric energy is interchanged by the company with the hydroand
e'ectric
Light
in
&
steam
Power Co.
and
Maryland
generating
system
of
Consolidated Gas Electric
of Baltimore over a 230.000-volt transmission
over 132,000-volt and 110,000-volt
line
consisting of approximately
628
Interconnecting
(owned by others than the companv), extending
large part along the right-of-way of the Pennsylvania RR.
transmission
The
square
lines
service
area
the company,
of
in
the entire District of, Columbia and
respectively, of Prince George » "nd M°°^°mery
miles comprises
mately 51% and 63%,
counties in Maryland.
"the population
Companv^estimates^ thatot April^30, 1947.
it was approximately 1,050,000 or
of the areas served by
THE
(764)
12
Which
840 000
the
in
210 000
estimated
was
to
in
be
the
District
of
Columbia
and
area.
The service area of the subsidiary,
three square miles in Arlington County,
12%
of the area of that county and, as of
estimated population of 15,000.
Maryland
about
comprises
April 3d, 1947, had an
PURCHASERS—The
the
shares
140 000
of
names
of
the
several
preferred
new
of the unexchanged shares of
purchased by each are as follows;
centages
be
to
principal underwriters
stock
the
and
respective
preferred
new
stock
&
FINANCIAL
CHRONICLE
Monday, August 25,
1947
Rochester Telephone Corp.—Definitive Bonds Ready—
The
which consists of approximately
Va
COMMERCIAL
Bankers
Trust
Co.,
definitive
first
exchange
for outstanding
16
si,
Wall
2Va%
mortgage
bonds,
New
York,
series
N.
due
April
bonds.—V.
temporary
will deliver
1, 1981, m
Y.,
A,
166,
p.
Sinclair Oil
Drilling of
Colon
706.
of
St.
per¬
Joseph Light &
Power
Co.—Merger—Private Fi¬
in
an
nancing—See Continental Gas & Electric Corp. above.—
V. 165, p. 1234.
severally
and
14
Goodwyn & Olds—
Johnston, Lemon & Co
Robert C. Jones & CO
14
Mackall
14
Auchincloss, Parker & Redpath
Alex
&
Ferris
Sons
&
Brown
Co.,
...—
6
Inc
Nolan Incorporated—
166, p. 705.
—V.
Wash.
directors
and
the
common
An
extra
V.
165,
have
declared
regular
a
stock,
of
2549.
p.
25
v
-
cents
All
outstanding
$110
stocks
share
per
the
of
case
dividend
Upon
of
of
been
plus
7%
$1
7%
made
record
March
on
per
share
on
Sept.
2.
last.—
17,
for
construction
the
plant
bag
at
new
mill,
paper
is
it
in
stock,
case
certificates
Broadway,
New
Sales
and $106 per share plus accrued
of the 6% first preferred stock.
at
the
Guaranty
Trust
Aug. 10, '46
$
The
(U.
S.
only),____'_
be
$1,138,000
Bids
at
15
will
its
inviting
Among
2%%
year
received
be
office
110
bids
for
the
purchase as
convertible debentures,
whole
a
On
Large Bank Loans—Transfer of
•'
with
The
National
that
all
Association
"when
of
issued"
Securities
contracts
and
after
shall
—V.
166,
Aug
20
be
"regular
Dealers,
in
1962, shall be settled
Aug.
way,"
to
on
Aug. 14
debenture 2 3A%
All
22.
unless
contracts
otherwise
Cake
specified.
•
of
Public
Service
with
New
the
of
New
to
proposes
an
such
this
adopt
alternative
an
alternative
value
of
it
$35
will
one
assign
share
a
to
and
provided
as
New
from
all
prior
lien
arranged
stock.
with
If
five
all
approximately
stockholders
banks
and
$30,000,000
to
of $16,000,000 which would be used
hand from sale of its industrial
45%
over
of
the
parent
use
$16,500,000
paid
or
debt,
before
to
estimated
New
cash
that
Oct,
the
New
right
To
retire
1947,
savings
in
its
at
to
up
still
exchange
in
its
Bank
to
tion
for
the
compared
the
week
with
199,151,000
15.9%!—V.
166,
in
to
order
directors have
payable
tribution
declared
Sept.
made
was
to
30
it
must
of
stock,
of
and
is
March
on
of
31,
$16,500,000
cash
the
Stock Dividend—
dividend
record
last,
Aug.
and
A
Sept.
on
the
on
29.
30,
by
the total
there
cost
were
Lt.-Gen.
the
including brokerage amounting to $340,172,
shares outstanding.—V. 166,
p. 58.
James
corporation,
He
■;
was
G.
Harbord,
died
in
Rye,
.♦
corporation's
and
Radio
the
signing
plants
ing
Machine
of
where
agencies
The
local
for
U.E.
national
units
are
-
:
(U.E.)
on
agreement
established
workers.
effective until
United
increase
6,
of
1947.—V.
5
cents
166,
Aug. 20
an
hour
to
35,000
owned
an
shares
capital
314 %
collateral
trust
stock
debentures
to
the
public.
Safeway
The
go
will
,
covering RCA Victor
recognized bargain-*
as
into
effect
general'
than
not
later
to
series
B
first
nine
exchanged
will
1945.
amounted
In
ended
1946,
it
to
be
underwritten
be
$33,920,678
totaled
the
•
p.
country.
outstanding
at
30,
40%
1947,
the
$55,075,320
plans
be
of
of
for
Texas
construction
Pipe
of
to
the
and
61
construction
miles,
it
total
of
first
sion
fa
six
express
months
reported.
the* similar
June
air
There
1946
shipments marked
this
were
^period
international
ove?UJune 1946
June, icL;
over
of
air
year,
294,558
...
.
a
a
will
River
be
to
and
built
Salem
a
from
Co.
there
16-inch
will
be
At
was
a
year
Co.—Proposed Loan—
Southern
Air
Express
dispatched
to
and
Divi¬
from
shipments,
Shipments
01 bette,r than 6 t0 1
ago.—V.
166,
p.
13
gatewavs
increase of 33.6%
consigned to foreign
an
°ver import*
705.
a"
Co. of Pittsburgh—Files With
SEC
fST" WlU be
use{! for general
cor-
company
share
Gross
21
declared
the usual quarterly dividend of
capital stock;, no par value, payable
Sept. 2.
A like amount was paid
on
last,'and in each quarter during 1946.
16,
Commerce
this
in
stock
Aug.
on
Delaware
the
issuance
the
stockholders
to
basis.—V.
18
from
approved
166,
of
of
the
shares
of
company
on
on
shard
a
706.
p.
Week End.
706.
p.
-
,
Lumber
..
..
,
V
SEC—
company on Aug. 11 filed a letter of notification with the SEC
40,000 shares ($1 par) capital stock to
be sold at $7.50 a share
to
stockholders.
Any shares not., purchased by stockholders will be
bought by Imperial Trust Co., Ltd., of
Montreal, Can.
for
of
purpose
restoring
to
Salem
The
a
Period End; June 30—
P^pceeds is
capital.
1947—3 Mos.—1946-
1947—12Mos—1945
$
39,301,203
32,936,151
Fed.
revenues_„_
45,612,838
expenses
income
taxes
1
Net
income
income
2,282,929
(net)
Interest
Net
by
2,479,064
5,266,869
4,117,500 *
13,116,153
17,685,000
19,528,004
16,927,500
effect
of
with
reduction
debt
against. "Other
(E. R.)
dis¬
2,966,003
4,725,000
;
connection
charge
18,082,156
672,288
1,482,499
the
5,939,157
855,210
—
income
in
18,170,687 *26,810,123
Dr88,531 Dr4,803,055
£>r7,800
2,337,709
.deductions
Includes
costs
5,946,957
54,780.
Total income
of
in
Federal
redemptionj which
Income—Net".—V.
Squibb &
—V.
t
165,
Sons—New Director—
;
elected
to
/
•
director.
a
business,
enter
;
Standard Brands
(Incl.
707.
p..
3399'.
p.
22,007,068
taxes
arising. from
reduction ^was offset
166,
/ Major General Frederick L. Anderson has been
He
recently retired-from- the Army Air Forces
segment
$
.
3,504,313
operating
Other
$
179,549,897 173,668,838
33,491,567" 140,247,010 119,353,171
2,979,921
8,115,868
15,741,716
3,194,393'
13,016,332
11,763,828
577,810
Other taxes
entirely
for Petroleum
\
;
.
$
Operating
Operating
an-'
a
working
Southwestern Bell Telephone
Co.—Earnings—
Cushing, Okla.r
pipe/
owned
;
Mills, Inc., McNary, Ariz.—Files
The
total '
17
to
for
*
Aug.
par
are
Aug. 14
Jan. 1 to Aug. 14
(est.)— $5,414,943 $5,528,137 $177,685,614
$167,538,820,
earnings
166,
With
;
during
the
'
"
no
These
company.
Kentucky
cor¬
*
.
3,772,763
Delaware
new
th&
Kentucky
a
.
by
i'S
"
Commission
company
involves
Southwest
;
fiscal
number
of
'
Southern Ry<—Estimated Gross
Earnings—
.
-
;
\
Inc.—Earnings—~
subsidiaries
operating
in
the
;
United
States)
"
Period End. June 30—
1947—3 MOS.—1946
$
V
now\re-
meetlng the demand?
an¬
record
in¬
Net
products.— '
sales
Cost
of
goods
•
69,879,621
—
sold__A__
min.
&
gen.
-
1947—6 Mos.—1946
$
$
$
r
147,463,527 123,054,424
44,265,500 166,625,935
92,608,957
56,318,205
13,520,233. 10,934,352
expenses
•,
58,794,255
25,635,513
21,731,798
5,202,079
8,713,669
-
'
t
Tbe
from 800>000 to
two^hares
To
*ncreases the authorized common
1,600,000 and changes each' share
andlng and 161>073 shares
protect
preferred
that
shareholders,
preferred stock, in
portionate voting power
unissued
stock
of
(par
Pacific
Profit from operations
Income from
unconsol.
•
$25)
<
14,183
-709,966
113,127
'
Profit
product sales
Other income ! credits—-
an
amendment was adopted so'
event
of
default, will have the same pro¬
as at
present.—V, 166, p. 376i
'
on
Income
1
Power
income
195,436
709,960
1 -
80,690
'
1,247,093
___
charges
Prov. for Fed. inc. taxes
'
-
674,292
200,491
';
317,573
437,608
218j084
4,184,992'
-653,971
1170,085
484,067
rt
•t
3705284
»
10,392,076
1,198,574 .< ; 401,667
3,550,000
1,834,600
6,867,711 "
019,662
073,600
Power
a
53,971,
237,844
"
187,387
1
Gross
-
funds also will be
used to finance
part of
construction program—V.
166, p. 706.
■
foreign subsidiaries—
Dividends
stock Into
Co.—Bonds Placed
Privately
Commission has authorized
the
company to issue $975,000 27g %4
first mortgage bonds
maturing in 20 years.
Company plans to sell the bonds
privately to an institutional
purchaser, using the pro^
ceeds to retire short term
notes now held
by commercial
banks. The
3,594,403
Royalties
the-638,927
common
1,432,000
,
*-
Net Inc. for the period
Cumul.- pfd. - stock divs.
::
divs.____..
Com. shares oMtstand.__
per
com.
166,
p.
3,174,527
share
NOTE—Depreciation
—V.
.
192,506
1,587,264 :/
Common' stock
Earned
646,461
.2,772,654
225,000
1,265,311
3,174,527
$6.14
included
in
385,000
3,174,527
.
of
■
goods
>•
and
$1.09
450,000
2,530,612
3,174,527
<
.
3,174,527
$0.80
cost
tf;440?209
3,834,537"
$-1-89
<
other- .accounts*
376..
*
Silver Creek (N.
Y.) Precision Corp.—Files
With SEC
fo^ZTJ
A"8i,»13 fi,ed^a letter of notification with the SEC
mJm of 66 fifiR
in
convertible debentures and a maxitures
HOc parj common for conversion of debent>?
1
b? offered to stockholders at $95. It is conctinn afTter sept2 they wil1 be offered to the public at not
>
*5f 3f?
Pacific
$22;OOO.OOQ
Sierra
W"h 22°'741
Par^common^stock
change
Period—
•
•
-
Cushing
1596
I947
706.
outstanding
of
June
of
common
delivered
for
a capacity of 150,000 barrels'
distance of 439
miles, the line
of
16
the'corre¬
p.
;
by the
The cost of the
project is estimated at more
and completion is
expected early, in 1949.
*■<
V
the proposed line will
connect with
under construction
another line now
from the West
Texas-New Mexico area. This also
is a joint project of the
Texas Pipe Line
Corp. and -the Shell
Une Corp.
PipeWhen completed the new
lines will assist
materially in
providing crude oil to refineries in
the Middle
West, which
than
—The.,, Federal
'•
gain of 33.4%. for
shipments, interchanged through
Red Eock Bottling
llJSP'.K
shipments
if'* totaled 53'433
reported.
it
up
corporation's
* ^
nXsfl Tta iHi a iati°
3 to 1 ratio
ngamst
the
:
California.—V.
pipeline from
a
Z av!\d Salem- HI., having
running from Wood
Texasi- Pipe Line Co.
the
State
Line
of
...
Dividends
the
Cushing to Wood River,
20-inch
add
Interstate
The
value
be
Corp.—Plans New Pipeline—
and
the
of
Co.—Weekly Output-
.
reflected
as
in
constituting 60%
in
31 <4.
Shell Pipe Line
tance
Approximately
originated
'
2517.
Co.—Equip. Trust Issue Awarded-^
Aug.
the
holders
poration,
1
will
by
used
June
June
outstanding,
p.
SEC—
business,
written,
months
on.
to
24
The
their
financing
minb!l
for
/;
on
reincorporation
offered
The
used
'
any
redemption.
proceeds
Reincorporation Approved—
the
4%%
$1,500,000
when the
.
Railway Express Agency, Inc.—Air
Express Up—
.International
March
present shares early in
September
to the public.
Upon consummation
of the presently outstanding shares, of
cumulative preferred stock not
be
offer,
22
—V.
Co.—Registers with
share
per
'"
of
value
par
payment of
to
S
Stock
the
working capital.—V. 166,
2s;
directors
Sept.
Mac-
.
the
$1
with
of
and
and for
sale
■
agreement
capital
Pacific
Mercier
the
for
The
subsidiary,- for $3,500,000.
shares, as well as obtain
Consolidated
share
a
Declares Regular Dividend of
$1—
Sherwin-Williams Co.,
Cleveland—Stock Dividend—
stock6 2-fo^.b°lder -0n Aug" 15 apProved a proposal to split the -common.
announced
•
705,
p.
also
30 of the present fiscal
year, gross
receivables written amounted
to $57,114,986.
Seaboard Finance is
engaged in the personal finance
business, pri¬
marily making small loans to
individual borrowers, and ranks
third
nationally in. this field,
maintaining 67 offices located in 18 states
vaVl6l 'p
Electrical
Oct. 7, 1949, covers
approximately'
11,000 employees at four RCA Victor
plants; Camden, N. J.; Lancaster
Hollywood, Calif., and Pulaski, Va.
It
provides for a
wage
into
cents
Selling, advertising, ad¬
the
Pa.;
Oct.
wholly
a
exchange for
Sept. 30,
rf°a)?°°i
daily/ From
open
.
and
hourly
agreement,
entered
the
50
year
c
Division
America
has
all
t
Standard Fruit &
Six
Months
Ended
Steamship Corp. (& Subs.)— -EarnSi—•
June
Operating: profit
Depreciation, amortization
Provision
for
estimated
30—
1947
$3,409,332
and
income
abandonments,.
490,633
taxes
1946
$2,569,323
437,624
1,000,000
692,000
$1,918,699
$1,439,704
o
StS SSSinfSWiU
be Used for
'
<
a
f.'
Safeway Stores' Canadian
changed on June 23 to Canada
Ltd., and the capital structure
through the sale of $2,000,000
stock
receivables
ended
nounced
Honorary Chairman and a director o!
Y., on Aug. 20, after a brief illness;
Workers of
two-year
a
tenth
-
'
by Salomon Brothers & Hutzler bid 99.6415 for
2s and
group headed by Halsey, Stuart & Co.
Inc. bid 99.35
subsidiary,
filed
Thur corporation
N.
Victor
approxi¬
of
group headed by The First
Boston Corp.
of the stock not
offered in exchange will
Seaboard's working
capital. The company's
accounts
.•
RCA
it
of
Canada
in
receivables
National Agreement Signed— '
The
by
for
throughout
share,,
July 31
On
America—Obituary—
81 years of age,
and
preferred
and
gross
the
.-V
1
'■
-
2,694,031
Radio Corp. of
•
another
agreement, Canada
$3,000,000
balance
A
year
1946.—V,
purchased 6,000 capital shares In the
average price, exclusive of
brokerage, of $56.43 a
an
that
Proceeds
dis¬
July the corporation
at
was
Stores,
also
Macdonald
exchange
crease
common
similar
Pullman, Inc.—Buys 6,000 of Its Shares—
In
>
unit
nationwide
will
market
corporation
Montreal
called
and
Corp.—Output—
165, p. 3288.
•
loans-of
at
provide for an authorized capitalization of
20,000
preferred and 43,000 common shares. " '
company
the
be
served
2J/a%. stock
a
sold
made
series
money
has
companies
holders
and
Safeway
"*
to
as
the
-
stock
It
this
lbo,
The
reveals
stocks
of
/
Aug. 19 with the SEC a registration
statement
covering a proposed issue of 100,000 shares
of convertible preferred
stock, (no par) stated value $50
per share.
A portion of
the stock, subject to SEC
clearance, will be offered
to holders of the
company's series A and series B cumulative
pre¬
ferred
$3,200,000.
It is,
390,000 shares of. its
the
Publicker Industries, Inc.—lxk%
stock,
for
of
be
The
by this corpora¬
1947, totaled 230,895,000 kwh.} as
for the corresponding week last
year,
p. 705.
'
•
kwh.
increase of
an
properties
f
t
operating
ended Aug. 16,
so
Seaboard Finance
common,.'
retirement
or
Public Utility Engineering & Service
of
capital
books
transfer.'
r
Aug. 19 at competitive
bidding, sub*
ject to authorization by ICC of
$11,400,000 of 1- to 10*
year equipment trust
certificates, series V.
The win*
ning group, which was headed by the First
National
Bank, New York, bid 99.76 for 2%
certificates, which
is equivalent to about a
2.047% basis. A group headed
Safeway Stores, Inc.,
reduction of the capital stock is
completed in the future, will1 be held
by the Bank of Montreal in trust for
Safeway Stores, Inc.
("New York
Sun.")—V. 165, p. 3398.
employed a group of
dealers, headed by Blyth & Co., Inc., and
Kidder, Peabody
& Co., to solicit
exchanges of prior lien preferred for New
Hampshire
common.—V. 166, p. 571.
'
/
:
output
the
.
4% °/c
redeemable
security
Electric
The
the
on
of
further
company
.
.
around
about
utilize
petition
of
Safeway
;
stated
certain
money required for the proposed reduction of the
Canada Safeway by 15,000
shares, as provided in the
its
savings.
England
time
step in the reorganization
Safeway
pay
companies.
Act,
investment
use
and
the
Hampshire
industrial
Revenue
estimated
could
nounced
transferred
,
New
pro-rate
of
Co.
carried
the
the
take
accepts
Interest
30,
tax
holdings
tax
to
sale
the
England
Hampshire
realize
stock
from
under
realize
New
lien
the
■ reserves
understood
be
prior
it
Net
-V.
5
I
ns*
B
on
Brooks-Scanlon, Inc., above.—V. 142,
President
portion; of
.
holdings.
If
Packing
were
Safeway to sell to
donalds Consolidated, Ltd.,
cash, the company has
companies to borrow a maximum
together with $16,000,000 cash on
trust
Sutter
first
modified
The
.
.
require
surplus,
30
at
Southern
-
approximately $i7,750,000; as well as trans¬
the outstanding capital
shares, plus loans
subsidiaries, Glenfield Food Co., Jones
Canada
judgment, under
existing market conditions, it does not appear possible for the
company
to
net
an
amount
through a sale for cash which will equal the
intrinsic worth of New
Hampshire stock."
The' company asserted it
believed it unfair to junior
security holders, if tax savings are to. be
preserved, to jeopardize. the success of the exchange offer
by making
tt dependent on a
public offering.
Prior lien holders of New
England will be given the right to accept
New Hampshire common in lieu of cash
in retirement of their shares.
would
and
Safeway
shares
in
banks
its
England
June
on
Kaslo,
•
com¬
owned
subsidiaries, the name of the
Safeway, Ltd., from Safeway
*
,
New
paid-in
unused
any
A
.
not to exceed $16,000,000, as may be
necessary, to
prior lien stock at $100 a share and accrued dividends.
The Commission has reconvened
hearing, on the plan Aug. 25.
'
New England stated in its
application that "in its
retire
wholly
$2,550,000 at
the
As
Hampshire
borrow
on
1948.
contribution all
a
Co.
of
its
maturities.
amount,
an
exchange
charged
30,
and
•
was
Under
common
value
to
June
on
Equipment Lessors, Inc., borrowed $3,000,000 under an
agree¬
with 12 banks, evidenced by
10-year notes at rates varying from
lVa% for the first two years to 2V2% for the ninth
Hampshire,, at competitive bidding, in
simplification plan to retire prior lien
corporate
mature
be
ment
'
England
plan.
Co.
its
notes
will
Cortland
New England Public Service Co. on
Aug. 15 filed with the SEC
application to cancel its proposed sale of 565,553 common shares
connection
1%
contribution
a
book
a
as
The
The
preferred stock.
1'A%
of
Safeway Stores also reports that
as
these, subsidiaries
Public Service Co. of New Hampshire—SEC Asked
by
New England Public Service Co. to Cancel Plan of N'ew
Hampshire Stock Sale—
The
%
of
of *three
owed,
mately
an
1948.
fee
Salem,
having
ferring
■
on
307.
p.
30,
the credit,
Inc.,
convertible
on
seven
mitment
investment banking groups already formed to prepare
to
enter
the competition for the
offering are groups led by First
Boston Corp. and Bear, Steams & Co.
'
■
ruled
all
for
June
•
the
bonds, due May 1,
and
Stores
May 1,
1962.
(CDT), Aug. 25,
company up to 11 A.M.
Illinois St., Indianapolis.-
7 Salem Commodities,
Inc., a company incorporated in
the capital shares of which were acquired
by Safeway
$300,000, took down $18,000,000 under a loan agreement
banks covering a credit of not more than
$20,000,000 to
Aug.
April
of
it
due
by the
North
from
Ltd.,
company has asked SEC permission to issue
and sell to
Chase
National Bank, New
York, and 12 other banks, its
promissory notes
in the aggregate
principal amount of $5,000,000,
maturing two years
from the date of
delivery and bearing an interest rate of
1%% p'er
annum.
The proceeds of such loan
are
to be used for
the construc¬
tion of additions and
extensions to Southern
Natural's pipe line sys¬
tem.—V. 166, p. 59.
■ •
•
Properties—
is
Co.,
The
.
Public Service Co. of Indiana—Bids Invited—
Company
company
Southern Natural Gas
of
Subsidiaries Receive
Mining
.—V.-.166,
compares
I
Registrar-
Electric output of this
company for' the week ended
Aug
totaled 2,771,000
kwh.; as compared with 2,522,000 kwh. for
sponding week last year, an increase of
9.9%
* *
the four weeks ended Aug. 9, 1947 the corporation had a
2,402 stores in operation
(including 2,261 in U. S.), which
with 2,431 in the corresponding week
last
year
(which
included 2,289 in the U. S.).-
N. Y., holders of the above
stocks may obtain immediate payment of the full
redemption prices
of $111.16% per share of 7%
first preferred stock and $107 per share
of 6 % first preferred stock.—V. 166, p. 571.
•
Charleston
offered
During
total
Co.
York,
and
South Georgia Ry.—New
Control—
664,025,44 1 490,705,527
60,856,140 622,059,228 458,490,647
78,802,059
S ^er
P.
166
2803,
Airways, Inc.—Transfer Agent
equipment, development work
Aug. 10,'46
$
,
lem.01'?"
last
hectares.—V
Aug. 13 filed a registration
statement with th*
SEC covering
200,000 shares ($1 par)
common
stock.
Underwriiv
are Elmer J. Edwards
and Van Tine, both of
Seattle, Wash
65,781,555
$
Panama Oil
'
begun on Aus
nP,J.0tl
by Venezuelan P*t'
is
I concession^
Southern Colorado Power
Aug. 9, '47
was
Registers With SEC—
32 Weeks Ended
84,701,847
-
Sinclair
jointly
Servioe Co.. was graited
covering approximately 7,250,000
Slocan
company's
Aug. 9, '47
$
Sales
the
309
of
Tacoma,
stated,
4 Weeks Ended
for
the
their
Period—
by
Panama,
owned
Empire Trust Co., New
York, N. Y., has been
appointed
and registrar of the
common stock.—V.
166, p.
See
preferred and the 6% first pre¬
redemption on Oct. 1, 1947 at
dividend of $1.16% per share in the
accrued
of
140
to holders of
15
was
cents
10
per
plans
multiwall
and
the
of
first
called
share
per
York,
of
cents
Colorado—Redemptions—
first preferred
surrender
•
New
25
mill
site
well
Toro,
agent
Safeway Stores, Inc.—Current Sales Up 29%—
shares of
have
of
announced
20
paper
the
is
large sulphate pulp mill.
will mean an expenditure of
approximately $4,000,000 for rebuilding and equipment.
Actual cost
of construction of the multiwall
bag plant will be about $2,000,000,
exclusive of
machinery.
This
will
become
the
company's seventh
kraft paper mill
and
thirteenth bag plant.
The bag plant as presently projected will convert about
50,000 tons
of kraft paper a year into multiwall
bags.—V. 166, p. 308.
.
Public Service Go. of
ferred
dividend
both payable Sept.
distribution
dividend
extra
an
quarterly
Aug.
on
kfaft
This
The
6
■
Powdrell & Alexander, Inc.—Extra Dividend—
The
share
company
$6,000,000
a
6
:——
fer
oil
del
company,
Cities
Slick
St. Regis Paper Co.—To Build New Plant—
The
6
Coe—
Robinson, Rohrbatigh &
Lukens
14
Folger,
&
6
14
The
area
The
Dillon, Read & Co. Inc
first
Bocas
announced.
Co.
Corp.—Drilling in Panama-
the
Island,
profit
—
164, p. 1252.
..
(Continued
on
page 49)
."
,
J
Volume 166'
Number 4623
THE
COMMERCIAL
Stock Record
&
FINANCIAL
CHRONICLE
weekly volume of hading
fob every listed issue
LOW AND HIGH BALE PRICES
Monday
Aug. 16
Aug. 18
I per
$ par thart
Tuesday
80 %
*105
80
81
109%
8%
109%
8
55
54 %
17%
16 %
16%
16%
*47 %
49%
*47%
35%
37%
7%
7%
30
•106
5%
STOCK
22%
100
EXCHANGE
100%
3%
CLOSED
100%
*97%
*
66
36%
35%
189%
103%
20%
31%
353%
103
37%
36%
97%
97%
X97%
97%
26%
25%
25%
*25%
6%
*6%
6%
) 6%
*47
*47
49'/a
843/4
41%
41%
8V2
8%
8%
69%
24%
243%
74
*72
12
12
*11%
43%
43%
*72
♦125 tt
*31%
31%
35%
.
37%
36%
37%
99
98%
98%
26 3/a
26
26%
6%
36%
*6%'
6%
*47
84
84%
42%
413/4
*6%
49 y8
85
42%
8%
8%
69%
*68%
24%
24%
*47
72%
73
12%
43
*12512
127
12512
5%
5%
4%
5%
87%
87%
87%
87%
194%
194%
50%
49%
49%
*103%
104y3
2,700
24% ;
2,100
193
19,800
American
70
192%
49%
49 %
49
49
106 V4
107
107
23%
23%
Amer
104
23
23
*23
23%
107
*106
106 y2
1071/a
53
53
53%
53%
52%
53%
52%
52%
800
21%
21
21
*20%
21%
*20%
21%
20%
20%
200
20%
20%
*20
20%
♦20
20%
20
20
*20
2OV4
200
99
99%
*99
99%
*99
99%
99
99
*99
99%
60
54
-
*20%
*106
107%
♦106
107%
47%
47%
47%
47%
47%
116%
116%
115%
116%
1153/4
1153/4
115%
29%
29%
*28%
29 Va
28
5%
*5
47%
48
*5
5%
*5
29
*16%
16%
16%
16%
*16%
16%
17%
17%
17%
17%
17%
17%
3%
3%
3%
♦100%
101%
100%
17%
16%
17
92
38%
38%
38%
7%
7%
*53
55%..
3%
3%
100%
100%
17
17
*90
92
*7Va
7%
7%
7%
7%
7%
*7%
*99
*99
102
.
*54
55%
Cable
105
24%
5,500
7%
200
*98
12 Va
*12
12 y8
12
12%
*12
12%
14%
*14%
14%
13%
13%
*13%
14%
104
22%
21%
22
21%
21%
22%
22
115
*114
115
1,100
22%
22
3,900
*1141/4
116
200
100
Monday
Aug. 16
Aug. 18
• par thart
# per thart
Radio
Car
A
I per thart
I per thart
22%
Balee for
Friday
Amer
Cyanamid
3Va%
Amer
.
Distilling
American
30%
Amer European
Amer A
24%
*10%
11
11
*30
31
*10%
31
30
11
200
30
500
■
11%
11%
11%
11%
11%
11%
5,600
111
111
110%
110%
109%
111%
*110%
111%
100
100
100
100
100
100
*100%
100%
*100%
100%
14%
14%
14,100
32%
*177
"32%
♦176
180
32%
32%
*106%
106%
14%
179
*177
179
,32
32%
32%
106%
107
106%
106%
106%
106%
11%
11%
11%
11%
10%
11%
17
17
17
17
16%
17
38%
38%
38%
38 Vt
38%
38%
38%
61%
60
61
*38%
61%
62%
60%
164%
164%'
*163%
35%
35%
*34%
♦145%
148
*145
60%
61%
165
165
*34%
35%
*145
148
165%
10%
*16%
*164%
10%
17
166%
*3435
35%
148
.
♦145
148
*177
32%
106 Va
10%
*16%
conv
10,600
non-cum
1%
300
*145
31%
271/4
27
2,100
27
23%
24
75%
139
138
138
*134
61
61
61
62
59
75%
161
*74
75
*160%
54
543/4
54%
119%
119%
*119%
16 3/8
16%
16%
*102
102%
473/4
49
98
98
96%
97%
♦102
47%
*97
96%
7
7
7%
*60
65
*64%
156%
155
74%
74
75
75%
*160%
162
54
54%
74
75%
162
543/a
American
News
65
7%
65
96
37%
36%
37%
56%
57
553/4
563/4
423/4
43
42%
42%
111
*noy2
111
*110%
53
51%
52
18%
18%
♦13
*4
35%
page
133/4
4%
36%
23.
♦13
4
X35%
14
4
36
18%
*13
4
•35 ya
47%
*99
363/4
♦51
♦102 Va-
98%
65
111
52
18%
14
4
36
700
7%
*64
102%
48%
100
1,800
155%
156%
25,000
73%
73%
800
75
75%
120
16%
16%
102%
1021/4
47%
483/4
100
100
'
13,200
4%%
Feb
6
104 Va
Sep
56
Aug
5
26% Feb
7
17 Va
Oct
Feb
4
20%
Mar 12
97%
Sep
Dec
100
Jun
July
5
24
102
34,700
Jan
8
41%
Nov
7»
7
5%
11%
Feb
23%
Jun
28% Aug
10
17% July 28
13%
16
20% July 15
17%
Nov
6
6% Feb
Apr 25
115% Jan
5%
8
129% May
44% Apr
18
101% Feb
00
Sep
118
42% Apr
37%
Sep
•5% Jan
5%
Oct
12%
44%
Oct
Jun
Jan
8% July
55
16
~i
10
24
106% Mar
Jan
9%
Sep
16%
15%
22%
44%
111
9
Jan
116
4
Sep
1,800
65
36%
56
*42%
43
*42%
*110%
111
110%
65
Anchor
110%
250
511/4
511/a
51%
500
183/4
183/4
18%
1,100
*4
133/4
4V4
35
*13
*4
35%
13%
$4
300
900
P
8ep
Sep
Jan
133% Aug
May 19
117% Feb
21
7
Jan
123% Aug
90
11% May 19
10
176
Jan
21
24% May 19
17
Feb
Jun
25
37% Feb
7
27 y«
Jan
Feb
183
24
14%
Deo
19
Sep
33%
Feb
34
27
39% Feb
24
33
Sep
B2
Apr
45%
Sep
73%
Jan
Jun
48% May 19
64 % July 28
July 17
172
159
May 14
33
May 19
40
144
18
158
No par
25% May 19
37
23% Jun
10
No par
21
Jun
3
Apr
Mat
5
Jan
Feb
6
34
May 17
x45
Jan
116
May 19
146% Feb
24
40
May 20
100
23
—25
Corp
14
100
Elec
-
100
No par
1
preferred
Copper Mining
Cable
25
50
No par
62
82% Feb
61% Apr
19
17
84% Feb
Co
Inc
Sep
Jan
168
67%
Apr
100%
Jun
73
Nov
Oct
76%
Oct
100% May
Sep
Oct
174
July
78
May
Sep
Oct
121
Jun
28%
Jun
Feb
29%
Sep
Jan
110%
100%
Deo
Jun
182% Jun
Deo
106 Va Nov
138
116%
48%
Apr
99% May
13%
9
106 Va Jan
102%
16
May 23
50% Feb
110% Feb
103 Va Feb
10% Jan
30
13
13
13
6
7
Sep
16%
1
64
Deo
May
2
30% May 19
69% Apr
5
35
Oct
90
May
•1% Feb
57 Va Jun
41
Sep
15
July
26% Jan
90
68% Jun
5
5% May 19
62
45% Jan
42
51
Mar
Jan
26
4
July
109
Jan
2
2
46% Jan
16
58% July
15
20% July 24
10
14% Apr
13
No par
May
8
x41
5
-
68% Feb
18% Feb
20
Mining
Products
Archer-Daniels-Midland
38% July
120% Aug 12
12.50
21%
43
9
May 19
.No par
Curp
Deo
150
116% Jan
Feb
Apr
Feb
Oct
163% July 23
58 Va Jan
3
Apr
Apr
Sep
41% May 17
151
60%
172
38%
4
5
5
174% Feb
15
191
24
159%
19
Jan
25 Va
47%
Apr
62
Deo
Aug
80%
Aug 20
149% Jun
No par
Smelt
29 Va Jan
Oct
20
Nov
28% July 24
100
.
34%
160
27%
No par
Co
165
8
7
2
Woolen
Copper
Feb
10
4
Refining
A
Feb
42% Aug
108 Va July
16% Feb
22% Feb
No par
Glass
23
186
109% Feb
Hoo
Wire
Nov
Nov
Jun
May 21
99
101
Hock
12%
Apr
22%
10% May 14
15% May 20
Tobacco
conv
88%
*173%
60
95 Va
Co
A
Jun
17% July
10 y8
Foundries
A
»
97 y*
39% Feb
IOO
preferred
W
Oct
Jun
July
34%
No^rr
Clayton A Co
Anderson-Prichard Oil Corp
A
11
163
No par
Co
Anderson,
Andes
4%
351/4
Deo
21
No par
Anaconda
1,000
133%
Jun
24
24
12
Anaconda
2,930
43%
16% Feb
5
class B
prior
11.000
Oct
129 Va Feb
100
prior preference
56%
23%
No par
Preferred
43
25 Va
3
9Va May 19
preferred
Amer Zinc Lead
•5
106 ya
Nov
July 17
14% Feb
7
9
No par
American
Nov
12%
15
147
30
preferred
1st
98
Jan
28% May 27
I
preferred
Conv
Jan
45% Mar
Oct
32% July 17
May 23
10% Jun
Highest
f per thart
21%
8
15% Feb
x25% May 19
134
thart
Jan
25
Wks
Jan
May
100 Va May 19
Refg
Viscose
Water
37%
*51
35
$8
9 %
6 per
101
10
19
No par
preferred
5%
Am
800
*18%
*13
6%
Jan
Jun
Year 1946
f per share
100
Common
American
119
Lowest
28
100
Sugar
Nov
May
No par
No par
Snuff
Sumatra
118
No par
com
Mill
Amer Telep A Teleg
American Tobacco
1,600
73/a
57
l
-
Preferred
Am
18% Mar
30% Feb
f per share
No par
No par
preferred
Safety Razor
American
Jan
Nov
11% Mar
10
Jan
63
14% Aug 15
18% May 19
May
36%
31% Dec
8Va Sep'
99%
7
12% Jan 31
May 19
110% Jun
27
10% Jan
9% May 17
12
Jun
X34 % Jan
Apr 23
90
94% Apr
conv
Steel
Jan
Oct
18% Jun
Preferred
Amer
14%
Sep
18
22% July 30
6
May 16
100
non-cum
Oct
100
25% Feb
100
San'y
A
Apr
Jan
July 28
Jun
.
Feb
6% Feb
No par
Smelting
32%
Sep
Oct
No par
-
Building
34y«
Jan
48% July 28
July 22
Range Since January 1
Highest
Lowest
,,
Rolling
American
300
96%
71/4
37%
Co
Light
40%
180
Range for Previous
Co-
Stand
Ship
Amer
200
96%
56
A
American
80
:
7%
363/4
Rad
American
3,200
96 3/i
66
&
preferred
preferred
$5
Am
200
59%
*119%
96 »/a
7%
39%
138
119 Va
17
Power
$6
190
48 Va
98%
57%
3,000
47%
*95
39%
*134
54%
1023%
7%
75%
Amer
Stove
161%
102%
97
110
49
l
Stores
54 Va
102%
100
Nov
July 29
5% May 19
100
American
160%
16%
.
Oct
21 Vi
2% Jun
100
preferred
American
54 Va
119%
48%
72% May
132% Mar
96%
100
1
Ltd
600
160%
17
43
18%
Va
Co
1,200
•
54%
160
120
57
16'%
75
74%
16%
37%
*52 V2
*73
J
*119%
56
111
60%
16%
120
40
138
154% 155%
155%
36%
♦42%
39%
39%
*137
61
Metals
6%
31%
24
155%
Nov
42
16% Jan
No par
Fdy Co
Molasses
148
27
134
A
American
180
34%
24
160%
see
5,600
165%
34%
24
31%
Mach
61%
165%
26%
74%
110% Mar
1
13
Par
Amer
62
31%
156%
Deo
8
46
EXCHANGE
Amer
26%
74%
184
10
3% May 19
NEW YORK STOCK
.w
310
31%
39%
July 23
28% Feb
46
11.100
38%
24
39%
106%
547/b Feb
"
I_i
preferred
Oct
115 Va Jan
25% May 19
I
Feb
Jan
79
May 21
May 21
95% Jan 22
40
American Locomotive
17 V*
1
Mar
117
I11_I
of
38%
26%
155%
footnotes
Co
Sep
Oct
May 21
1
Corp—
Invest
5%
K137
20% May 21
114% July 30
preferred
Internat
May
36
No par
Amer
American
129
94
.100
A
American Seating Co
24%
39%
195
50
900
26%
39%
184% Mar 21
I-100
American Ice
400
10%
24%
60%
99
preferred
17
24%
39%
For
9,000
106%
27
134
86% May 19
Preferred
32%
31%
31%
8
37
179
26%
31%
31%
14
31%
*24
Apr
7% Feb
89
600
14y8
180
48 y« Jun
3% May 19
10
900
32%
19% Apr
74% Deo
Oct
—1
No par
8%
*145%
147
9,900
11%
*177
Nov
25%
Jan
14% May 19
220
14%
57%
7
11
18
No par
147
14%
Nov
Mar 28
Jan
133% Jan
Jun
No par
Amer
14%
9
Apr
91% May
B3% Jun
80
11% Apr
,
17
No par
300
14%
Nov
X125
Foreign Power
32
*97
110%
14%
75
Sep
37%
6
31
« May 19
20% May 19
$7 2d preferred A
*31
*145%
24%
110%
CLOSED
29% May
12% Apr
Jun
Sharet
• per thart
11%
EXCHANGE
Oct
Oct
64%
July 24
44% Mar
•7 preferred
31%
*30
90
8 Va May 19
66
No par
*30%
11%
7
9
30
Sees
30%
30%
Apr
6%
84%
American Export Lines Inc
_x30%
11%
51
-20
31
30%
Sep
44
3
88%
Tiling
31
31
Nov
25
23
Oct
3.90% cum preferred
Amer Mach & Metals
10%
Nov
91%
Jan
Oct
Co
Encaustic
180
11%
Mar
-10
300
*10%
73
34% May 16
.100
series
10
11%
*10%
30%
Jan
83% May
July
62% May
98% Nov
108
Nov
Co
preferred
97%
148
Nov
39
Sep
Nov
99%
36%
preferred
10
*144
31%
16
20
prior
10%
147
Jan
-10
.4%%
*10
146%
29%
8
8% Feb
19 Va Jun
*97
147
7
35
-10
97%
10%
22%
97
97%
22
29% Jan
99% July 25
26
52% Aug 22
*10
97%
.
Jun
105% July 18
11
22
212% Jun
Dec
39% Mar
.100
Ike Week
Aug. 22
28
Oct
18%
35 Vi Feb
No par
31%
*31
STOCK
Fdy
*10
97%
22
Oct
154
105% July 28
39 V» Feb 10
18
5% May 19
IIIIII .100
Ino par
10%
*97%
*10
147
Aug. 21
Aug. 20
• per thart
17%
7
July 24
12%
Corp
25
97%
22 3%
22
14
July
Aug
22% Feb
STOCKS
Thursday
Wednesday
Tuesday
Aug. 19
Feb
22 '
Jan
81% May
113
"
—1
Can
LOW AND HIGH BALE PRICES
Saturday
Oct
Jan
.100
6%
12
14%
115%
*114
115
115
115
12
*13%
21%
91%
-25
A
•
12%
♦14%
Jan
12
196
No par
6%
24%
*7%
8
*98
105
*98
104
24%
38
Apr
48% Peb
104
2
46
American Home Products
55%
•2
72 Va
S6 preferred
American Hawaiian S3 Co
American Hide A Leather
24%
Oct
3
200
*53
52%
S
1,900
24%
7
18
7
7%
24%
Aug
Feb
38%
24%
66
Aug
•%
50
7%
24%
80y« Jan
103
77% Jan
17% Feb
38%
24%
Oct
May 19
7%
500
Oct
29%
May 19
92
7%
3%
8
July 15
38%
55%
*53
55%
400
1,600
Deo
4
Feb
9
*90
7%
Va
24
2,200
3%
17
80%
5% Feb
44
May 19
91
Mar
12 Va Feb
81% May
36
*28
7%
*53
*90
100
2,400
135
67
91%
*38%
7%
7%
16%
18%
Oct
-50
Co
39
91%
92
*90%
16 %
18
18
17
*38
*
102% Aug 11
July
99% Feb
100
Colortype Co
American Crystal Sugar
600
100
8
par
American
8,000
5
101%
*100
17%
29%
*4%
16%
3%
3%
101%
*28%
Jan
5 *
conv
preferred
American Chicle (new)
2,500
'
..
Sep
Nov
1% non-cum preferred
Am Chain A Cable Inc
2,000
47%
115%
5
*16%
17%
3%
17
16%
47%
115%
28%
5
*100%
3%
101
47%
116
28%
5%
*106
500
24%
23%
5
_
20% Feb
III" —1
IIINo par
Corp
Shoe
American
10
54
107
23%
23%
89% Apr
25
29 Va May 17
30
Jan 16
-10
Preferred
1,100
,
104
Jan
Nov
104
par
preferred
American
190
.
Brake
5 Va%
700
192%
194%
89%
Am
4,800
*88%
Jun
41%
8%
>
1,900
51/4
68%
8ep
Deo
2
24% May 19
.
Jan
24%
8
30Va May 19
IT
44%
31% Jan
May 17
1—50
pfd
conv
10
18
112
No par
1
Airlines
cum
8*
preferred
American Bosch
500
43%
5%
88
3%%
Jan
Feb
10
No par
100
American Bank Note
70
72%
12i/a
43%
106%
106
105
8%
68%
Feb
6Va Feb
Jan
May 20
100
Petrol
Corp
No
Agricultural Chemical-No
24%
33
15% May 19
No par
Amerada
Amer
125{| 1251|
"
194%
1,400
1,600
5%
5%
49%
84%
Oct
1
164
par
No par
preferred
Feb
13%
38% Feb
18
Inc
May
30%
1
6
32
1
Co
conv
43
12
12513-
87%
194%
8%
84%
♦71%
"
No
55
93
1
Dye
Feb
X50
July 25
38% Aug 27
25 Va May 19
56
Jan 13
100
Mfg
3%% cum conv pfd
Alpha Portland Cem
Amalgam Leather Co Inc
49 ya
8%
12%
42%
50%
100
24
73
11%
43
gtd
Allis-Chalmers
1,100
1,000
•
A
Co
'
42%
193%
8,600
'
6%
Inc
May
19
17% Feb
2% May 19
—ITlOO
Stores Corp
preferred
4%
68%
■■■
24%
11%
50%
Mills
Allied
43
,,
8%
69
24
,72%
193%
Allied
West Ry
'
13
127
,
600
*25%
87%
87%
500
35%
103
*98%
5%
5Va
35%
*102
74
*12512
Kid
,
32
31%
35%
103
43
43
127
"■
Chemical
Allied
-
263%
491/a
Allied
2,900
20
100
189
20
Industries
Dec
169
Nov
May 19
92
\
&
55
4
Apr 14
18% May 19
100
Allen
91
Oct
8
10 Va Feb
105
5
A
500
189
20%
100
__10
Corp
preferred
All eg
189%
Ry
Gold Min
600
98
8%
69%
24%
2,300
19
Vicksburg
Apr
105%
7
29% Aug 22
•2.50 prior conv preferred-No par
Alghny Lud Stl Corp
fio par
102
17%
*20%
68%
8%
69
*95%
17%
42
'
24%
101
84%
42
68 %
-
100
37%
*47
84%
41%
66
35%
5%%
6
• per thart
61%
10% Feb
19
Highest
share
per
7
July 28
110
May 27
30% May 16
No par
common
4
38
10
preferred
Allegheny
1,700
35%
A
Juneau
87 % Jan
13 ye May 19
No par
Inc
Jun
43% Apr
l
Reduction
<Va%
6,900
37
98
49 %
84%
3%
*63%
35%
i
Aldens Inc
220
101%
3%
36%
37%
83%
600
*36
10
Alabama
3,400
*17%
63/a
*6%
Alaska
4%
22%
100%
Co
Admiral Corp
109
4%
22%
66
103
26
36%
Air
3%
35
35%
103
8,100
189%
190
31%
29%
36%
*97
173%
*20
36%
103%
3%
*63%
101
500
*106
102
36
353/4
*17%
32
103%
36
103%
3%
37
7%
5
22%
*101
38
90
Express
Adams-Mills Corp
49%
29%
110
5
22%
Steel
Acme
7%
30
*106
lOli/a
*971%
207/a
♦31%
31%
29%
353/4
190%
*20
20%
31%
30%
5
6% May 21
Co
Year 1948
Lowest
I per thart
66% May 20
Address-Mutigr Corp
38
36%
17%
*189%
190%
*20
3,800
*48
7%
*63%
v
102
*17
17%
*189
35%
*97%
102
*17
65
35%
37%
Adams
38%
3%
3%
37
65
«
4,800
49 %
1013/a
37„
66
35%
101
3%
3%
37
36%
*64
171/4'
thart
2.50
Straus
Motors
541/4
7%
21%
A
ACF-Brill
17 Va
37%
21%
Abraham
8%
I per
Highest
No par
No par
com
54%
7%
5
•
217/a
Laboratories
17%
38%
110
Abbott
900
1,700
1,100
16%
*48
Range Since January J
Lowest
Par
54
*53
Range for Previous
STOCK
EXCHANGE
109
491/a
293/4
NEW YORK
Shares
80
*8
7%
*106
5%
217/a
♦103
8%
37%
110
5
5%
22 %
109%
8%
17%
*78%
*47%
30%
*106
110
,
531/4
Bales for
the Week
• per there
79%
*102
8V4
17
7%
*29%
• per thart
79
109%
X53%
37
*7%
81
8'/a
49%
37
30%
*102
8%
54
8%
54%
*79%
Friday
Aug. 22
Aug. 21
I per thart
80%
*105
Thursday
Aug. 20
I per thart
thart
STOCKS
Wednesday
Aug. 19
13
New York Stock Exchange
«»
»c^vl?!?rCEJFsale
prices
yearly range of
Saturday
(765)
Jun
17
3% Jun
17
30
Apr 29
111% Mar 10
16
Jan
6% Feb
39
Feb
7
29
21
17
87%
70%
60%
Jan
Jan
38
Sep
63% May
108
Dec
Xll4% Mar
13%
Jaa
Oct
Sep
4%
Nov
43 Va
15%
26% Mar
*84% July
27% May
24% Feb
10% Feb
41% Dee
14
THE
(766)
LOW AND HIGH SALE
Saturday
Aug. 18
per
14%
13 ¥4
13 ¥4
per share
t
EXCHANGE
14%
133/4
119 ¥«
120
120
123
122%
123%
X106
107%
182 5/a
182 %
i82¥a
182 %
182 %
182 m
182 ai
*18213
183
46%
46%
46%
463/8
*46%
46%
46%
46 ¥8
46%
46%
*108%
108%
108 %
108 %
*108%
108%
103%
108%
15%
15%
*15%
13%
13%
17%
17
108%
16
.
*
15%
*
13%
15%
13%
13%
13%
13%
*13
16 ¥4
17%
16 %
163/4
124
124%
*123%
116%
117
16
*15%
115
60 ¥4
*59%
60
85%
84%
13 ¥4
13%
115%
61
¥4
Arnold
13%
500
4,200
Constable
126
126
*125
127
40
6Vo
1st
116
115
116
117
117
290
7%
2d
61
*60
61
*60
*115
*59%
83%
83
84
104
13 7/8
84%
84
84%
*103%
105%
*104
105 7/a
137/a
137/«
137/a
Atch
3,600
1,300
*
A
F
Co
54%
54
54
*535/a
55
54
54
400
257/8
*253/a
26%
26
26
600
Atl
74
*72%
74
73%
75
*73
78
*73
78
37%
X37¥a
38
37%
37¥4
37%
112
500
-
37%
112
*llli/4
112
111%
111 3/8
111%
111%
*111%
104 5/a
104 ¥4
1043/4 1043,4
1043/4
1043/4
104%
1043/4
104%
25%
257/s
25%
26
25
25%
25
25V4
247/a
25
*66 ¥t
67 ¥4
67
67
■67
67
67%
67 3A
67%
67%
120
120
119%
119%
*25%
27%
•lll¥a
.
120
*119
27%
*23 ¥8
120
7 ¥4
*7
14 ¥4
*14
*7
*14
23
23
19%
19%
5 %
40%
73/4
*23%
27%
*7%
120
28%
*7%
7%
■
120
*25%
.
73%
*7%
-
290
340
7%
143/4
*14%
14%
14%
14%
233/8
*23
23%
*221%
233/a
23%
23%
19%
19%
19 ¥2
19%
19%
19!%
*19%
53/8
5%
5%
5%
51/4
5%
—
193/4
51/4
5%
40%
40¥a
40%
*40
40%
*14
40 3%
143/4
40%
40 3/4
Atlas
—
1,300
1
•
9,300
Avco
900
Nov
132% Feb
4
134
4
Jun
20
Feb
62
July 29
Dec
36¥8 May
30
Aug
32¥a
124%
Dec
125
Dec
Jun
153
148
46% Sep
Jan
2
78
Feb
10
100
May
May
58
Oct
Aug
May
12*1
Oct
125
Jun
10% May 19
18
¥4 Feb
15
13
Oct
40% May 17
59
Feb
13
45
29% May
Sep
83
23% Jun
34 ¥4 Feb
.
100
62
77
15
39¥a July
15
113
14
26
.
57
par,
Apr
113% Apr 22
par
No
26%
Dec
49 ¥4
68
Dec
94
Nov
22% Mar 11
1
51% May
8
19
Feb
105
Nov
Aug
8
%! July 24
73
July 28
18
100
Mar 29
121
•
july
9
114
Apr
973/4
Sep
10
34¥a
Nov
25
May
May
130% Jun
22% Oct
x53% Nov
30
27% Jan
Jun
31
105
21% May 19
series B—100
No
15
22
98 ¥4 Apr
100
preferred
4
Jan
31% Apr
107% Jan
25
Nov
Jan
135
Jun
v0% Aug
25% Jun
($1.20)
par
5¥4 May 16
No par
13% May 19
18 ¥a Feb
18
10%
16%
5c
pfd
Sep
19% May 14
xl7% May 13
29 ¥a Jan
23 ¥4
29
Canteen
Co
of
18
Nov
27¥4 Jan
27
37%
Jan
15%
Oct
4% May .19
7 ¥8 Feb
3 2 ¥4
8
6%
Aug
Nov
14¥a
Feb
Oct
83%
Feb
Amer__.5
Mfg Corp. (The)_
$2.25
Oct
17
18 y8
99
Co
Automatic
12
13
112% May 16
40 ¥a Apr 17
5
Conv prior
Autocar
4
13
111
1
Atlas Tack Corp
Austin Nichols
100
800
■
Jan
17% Feb
20 ¥a Feb
112
No
conv
19
10% May 19
14¥8 Apr 14
Nov
No par
l
Powder
4%
14% May 26
42%
102
May 28
Corp
Atlas
17
May 19
__
Preferred $3.75
-
7
Feb
66
pref series A___
conv
Jan
110
100
preferred-.:
Refining
55
6
10
Lines
non-cum
4%
710
2,800
23%
5¥8
40 ¥a
120%
*235/a 27%
5%
100
1043/4
G & W I SS
Atlantic
3,400
65
May
112% Feb
10
—100
Atlantic Coast Line RR_
257/a
37%
Jun
Sep
38% Jun
102% Jun
100
26
37¥4
May
July
172
—
26
37%
139
Oct
:
*72
CLOSED
Sep
No par
Inc—
54%
'
112
125
__100
Investment
54%
'•
24
182M Aug 21
100
26
*53%
18 %
130% Jan
1
26
8TOCK
EXCHANGE
Sep
Aug 22
Goods
preferred
T
10%
Highest
9 per share
May 19
5
Topeka & Santa Fe
5%
400
14
137/a
6
140
Corp
preferred
preferred
Associates
200
60%
15 ¥a Mar
X106
No par
No par
No par
Associated Dry
124%
93/4 May 19
$ per share
__10o
Co__
Artloom Corp
17%
S per share
No par
preferred
preferred___
$3.75
30
400
124 %
103%
137/a
1,500
16
J
Lowest
$ per share
5
preferred
Armstrong Cork
167/a
137/a
85
*104
•
16 %
1%
Illinois
Co of
$6 conv prior
230
16%
1053/4
83%
104
104
125
*13
&
Armour
7,500
121
182 ¥a
*15%
Par
15,300
Range for Previous
Year 1946
Range Since January 1
Highest
Lowest
Shares
119%
•108
Monday, August 25, 1947
NEW YORK STOCK
.$ per share
14
133/4
Sales for
the Week
Friday
Aug. 22
t peris hare
14
133/4
14%
CHRONICLE
FINANCIAL
STOCKS
Thursday
Aug. 21
Aug. 20
$ per share
t per share
thare
&
PRICES
Wednesday
Tuesday
Aug. 19
Monday
Aug. 16
COMMERCIAL
conv
3
preferred
No par
39
May 16
12 ¥a Feb
49
Feb
July
May
8
41
B
*14%
14%
14%
14%
14%
14%
*14%
14%
143/a
143/s
700
17%
18%
18
18
17 %
17%
17%
18
175/a
17¥a
3,400
13 %
13%
13%
13%
12%
13%
13
13%
13
13%
13,000
19%
20%
19%
20
19
19%
18%
19%
183/4
19%
5,400
13
13%
•
*66%
67%
*13
13%
*66%
67%
*13%
13%
*66%
13%
67%
♦51%
51%
51%
51
♦25
26
*24%
25%
24%
53
*51%
53
51%
51%
51
51
50 3/4
13%
67 %
67%
25%
*51%
13%
66¥a
52
66 ¥a
80
503/4
1
253/4
52
200
503%
800
*24%
51
*243/4
13%
25¥4
(B.
Baldwin
Locomotive
Baltimore
■/
T.),
&
Conv.
5 %
4
%%
287/a
28%
23%
28 ¥a
29%
29%
29%
5,500
15%
15
15
143/4
15%
14%
147/a
2,000
Bath
22%
21%
22
22%
*22
48
49
49
*49
49%
47%
49
104
104
103
103%
102 %
103
22%
22%
22%
22%
*47
20%
*20%
20%
20%
20%
106%
*105%
106%
*105%
106%
*7%
8%
*7%
8%
*7%
8%
*73/4
*33%
35%
34
34
*33%
35%
*33%
33%
34
34
31%
31%
31%
31%
31%
31%
31%
31%
31%
313%
15%
15 %
*12%
12%
*22%
23
*15
15%
15%
12%
12%
15 %
12%
12%
19%
20
106%
*108
8%
15%
•
15%
12%
12%
20
300
8%
30
2,000
*22%
22%
22%
22%
22%
22%
107%
*1053/4
107%
*1053%
107%
31%
31%
31%
313/4
31%
31%
20%
21
20
20'%
20
20 %
20%
20%
20
20%
24
2,300
24%
24%
24%
243/4
243%
2,800
97
96
96
*95%
28%
24%
28%
24%
24 'A
24%
24%
88
97
28%
28 ¥3
28%
24%
,
243/a
24%
89
87
*145%
147
*145
146
145%
146
,*53%
54
53
54
51%
52
16
16
*31%
32
88%
15%
16
*96
87
87%
16
16%
86%
*145
52%
*15¥a
31%
*30%
31%
*30%
*15%
15%
15%
15%
153/a
30%
29%
29%
29
29%
29%
X52 %
52%
52%
52%
52
52%
52%
*15
16%
*15
*40
42
*38%
41
42
*38
17
16%
17
16%
17
16
38
38
38
39
16%
*38
39
38
100
100
16%
100
55
55%
54%
30%
30%
100%
30%
54%
30%
43%
44
43%
441/4
50%
51
50%
50%
*99
-
101
*4
4%
*35
36
8%
8%
*72
91%
14
14
34%
35
♦28%
•29
37%
*108%
38%
109
*99
101
*4
4%
*35
36 %
8%
*88
14
90
14
39
43 %
43¥4
50%
101
4%
36
36
8%
50 %
*98%
91%
35¥4
8%
*79
400
101
70
55%
150
V.
31
2,300
433%
433/8
2,300
50%
50%
*98%
5,100
101
4
13%
14
133/4
14
133/4
14
4,000
287/a
29
29
29%
29¥8
293/8
1,500
29%
29%
900
39%
109
28V4
*105
23%
105 %
23%
37%
38
37%
*108%
109
*108%
20%
20%
28%
*105
28%
20'/a
28%
105%
*105
22%
23
22%
373/4
109
20%
28¥4
105%
23
37
1
2,300
20%
1,800
37
*108%
109
20%
*28%
29
*105
40
600
105%
*22%
23%
600
17%
17%
17%
17 ¥4
17¥a
17%
*122%
123 %
17%
♦122%
17%
123%
*122¥a
11%
11%
123%
11%
11 ¥4
123%
11%
90
•78
78%
123%
11 ¥4
4,300
12
76 1
77%
77%
777/a
77
77
36
36%
36
36
35%
35%
35
101%
101%
*34%
*100%
11%
'
100%
100%
*100
101%
17%
18%
17%
17%
17%
17%
*30%
31%
*30%
31%
30%
30 ¥4
18%
19%
18%
97%
98
*97%
98
88 %
88%
*85%
89.
*85
89
13%
13%
*7%
8%
♦78
82
15%* 16%
101%
101%
*3%
'19
*85
13%
19
101%
23%
■atorday
24%
Monday
Aug. 16
Aug. 18
,
9 per thart
f per thart
89
13%
7%
♦78
7%
80
15%
16
*101%
102
3%
♦100%
18%
3%
3%
18%
18%
173/4
31%
ll7/a
76¥4
77%
*34
34¥4
6,700
210
400
*100%
101%
200
177/a
17¥a
1,000
31
31
300
18%
18
98
*97'
18%
98%
13,400
98%
89
87
98%
87
120
86
*85
86
89
*85
89
*85
89
98
13%
13%
*7%
8
*78
101%
3%
18
*101
*153/4
1013/4
18%
102
23%
23%
13%
*73/8
*78
16
3%
18%
101%
13
80
15%
101%
24
18%
102
lls/s
♦85%
*18%
*23%
I7¥a
*31
102
7%
80
15%
102
*3%
33/4
18%
19
*101%
103
23%
24
Tuesday
Wednesday
Aug. 20
I per thart
Thanday
Aug. 21
9 per thart
9 per thart
32
31%
*53%
54
*53 ¥4
2%
.
2%
7%
7%
*27%
.STOCK
EXCHANGE
CLOSED
28
15%
*118
15%
123
31 ¥4
31
31%
54
54
54
31
*53¥4
13
13
77/a
7%
80
80
300
3,900
300
60
15 ¥a
15¥4
2,800
101 %
101%
50
3%
3¥a
600
19%
19
101%
1,400
101%
24%
24%
40
800
Friday
Aug. 22
I per thart
31
31%
54
*53%
2%
7
67/a
7
1,800
7
7%
1,800
273-4
1,200
120
120
27%
27%
15 ¥a
123
15%
*120
*119%
27 ¥a.
153/4
122
45
*43 %
45
*44
45
22
*44
45
*21
21%
*20%
11%
21 ¥4
*21
21%
11%
*75
11%
11 ¥4
76%
76
76
*12%
*54%
13%
56
121%
13
13
*55
56
*121
122
*35
35%
*41
34 ¥4
35
43
42%
42%
16%
40%
15%
*40
15%
40%
75
153/4
40%
*12%
*120%
*34%
42
Black
&
16 ¥a
Bohn
40%
Bon
<
15 3/4
16
122%
123
*44
21 ¥4
6,100
130
45
21 ¥4
200
Class
2
104
Feb
Feb
17
11
Nov
3¥4 %
19¥4 July 29
21% May 20
class
Co
Union
16,400
Cannon
13%
100
Capital
55%
307/a
Feb
18%
Oct
33%
Jun
37%
Sep
58
Jun
31
July 25
53% Aug
1
17 ¥4 Feb
Apr
May
May
Mar
16
59
Feb
11
42
Oct
73 %
100
Aug 18
116
Jan
8
101
Sep
54
Mar 17
67
Jan
9
52
Oct
35% Feb
7
27% Nov
49¥a Jan
9
25
May 19
38¥4 May 21
37% May 19
97¥4 Mar 14
3% May 19
32
42%
Sep
36
Nov
99
.
Dec
4% Sep
Jan
112
Apr
69 %
July
48 % May
57¥4
Apr
61 ¥4
Jun
107¥4 Aug
ll¥a Jan
May 20
39% Feb
1
Dec
35%
Dec
13% Feb
21
12
Dec
34s/a
Jan
96
3
72
Jan
95
13
May 19
18% Feb 27
30
May 17
40% Feb
23% May 19
_2.50
37
100
106
Aug 15
15
31% Feb
10
23
Oct
42 ¥a
Jun
105
Nov
25
Oct
36% Jan
7
Jan
11
14
May 14
13% May 19
Jan
99
2
Jan
63
106
% Apr 30
35%
31%
27% Feb
3
18% Feb
10
14
120
18
37% Aug 12
100
20%! Oct
Sep
'Jan
Apr
25% May
Feb
97/a
Oct
22%
Jun
70%
25i/4
Oct
99
Jun
Oct
Dec
102 % Apr
11
96%
23¥a Feb
18
18% Nov
45%
Feb
108% Mar
46%
Jun
No par
May 14
38 % Feb
10
33
Nov
22% Feb
17
16%
Oct
104¥a Feb
15
95¥« "Dec
111
May 19
100
84%
Dec
84 '
100
Jun
97
Dec
119% May
102% Aug
13
Nov
4
12% May 19
6
1
May 19
72
*
Jun
6
11% May 19
—10
_1_ZZ_~100
100
Mar 12
95% Jan
157/a Feb
9% Feb
88
6
8
6% NOV
8
Jan
22
24% Feb
7
75
Oct
20% NOV
July 1
3% May 17
108% Jan
Feb
10
Jfo'p'ar
13 ¥a May 19
21% Feb
10
15
Oct
._100
947/fl May 22
Jan
3
99
Oct
July
7
19% Not
5
Co
38 %
130
80
preferred—100
preferred
Apr
45% May
110¥a Mar
14
May 19
95% Jan
2
1
(A M)
May
Apr
38%
Sep
7
26
70
115
Oct
103
123% May 26
147/« Feb
7
86% Feb
Jan
14% May 19
__5
prcferredZZlOO
Jan
5
25% May 20
___
53%
3
1
-
Oct
2
21
pfdZZZZlOO
*
30 %
Jan
9
May 19
72% Jan 15
1
Feb
11
28 ¥4 Feb
120
No par
com
20¥a
1097/a Apr
102-
Dec
13% Sep
23
Jun
25 ¥4 Jun
No par
No par
__
Jan
30%
17¥a May 19
No par
Inc
51% July 25
100 ¥4 July 25
6% Feb
3
18% Aug
•
8% May 19
87
May 16
:
No par
«
No par
19
May 19
6
104
26
4
105
Sep
59% May
26% July
Mar
21 ¥4
15%
Jun
Jan
May
98
39% May
May
110
4%NOct
9%
35%
Jan
Feb
112% July
40
,
May
Range for Previous
Range Since January 1
Lowest
Year 1946
Lowest
Highest
# per thart
S per thart
9 per thart
C
Highest
9 per thart
Mills
class
preferred A
Carolina Clinch & Ohio
Carolina
300
15,400
800
Power
Carpenter
Carrier
Steel
&
_
Corp
Preferred 4%
series
5
ZZZZZ~Z 10
Z.ZZsO
58
Sep
7%
Feb
8% Feb
7
6%
Oct
12 ¥4
Jan
30 ¥» Feb
7
20 ¥a
Oct
40 ¥s May
17% Feb
10
Jan
1
22
12¥a May 13
32
X55
Apr
Apr
Nov
18
July
Feb
10
113
Nov
147
May
42% July
1
19 % May 19
9% May 17
4 8 ¥4 Feb
18
43
Oct
58
Jan
25% Feb
20
24
Dec
25%
Deo
15 ¥a Feb
13
11 ¥4
Oct
227/a
Feb
56
Jan
17
78
Aug 22
51 ¥4
Nov
73 ¥4
Apr
11
Apr
14
14 ¥4 Feb
1
12%
Oct
21% May
50
"in
100
Oct
3
May 26
57% Feb
18
115:
Mar 29
116
1
RyZZZZ'lOO
Light Co
Co
A
47 ¥4
53
8
6% May 19
21% May 19
No'par
Administration
27% Deo
29
3%'-Feb
2
25
$3
Aug 18
Jan
May 14
53
No par
Canadian Pacific Ry
500
40 ¥a
Oct
35
5
"16
40
46
15%
No par
No par
!
34¥4
40
83%
Nov
10
No par
_
121%
17%
Nov
31
x20¥o Feb
66 %
±„No~par
*55
16%
53
6
Dec
Canada Dry Ginger Ale
Inc__1.66%
$4.25 preferred
No par
Canada Southern
Ry Co
100
Canadian Breweries Ltd_ ~~
*12%
17%
3
23
Jan
Nov
Feb
24% Apr 28
13%
16%
26
31 ¥4 July
114 ¥4 July
168
Mar
Deo
Sep
Zinc-Lead
IIZ_1
Calumet & Hecla Cons
Copper
5
Campbell W & C Fdy
55%
43
Feb
Feb
.
34
Callahan
*55
34%
66
22
85% Nov
143
14
EXCHANGE
*12%
*42
4
27
18
com
preferred
Jackson
May 19
Apr
STOCKS
NEW YORK STOCK
13%
55%
*120%
Feb
Jan
34
no par
Participating
6
99
3
_15
^
4%% preferred
Butte Copper & Zinc
700
42%
26% Jan
150
41% July 23
23 % Feb 24
5
common
Terminal
May 21
18 %
2.50
Burroughs Adding Mach
11%
42%
19
¥a Nov
14
May 17
28% May 9
14 % May 19
__
Bush Term
Bldg 7%
Butler Bros common
78
*34%
36% May
112% Aug
52% May
41
(assented)_100
4%
Byroa
Sep
Dec
29
12 % May 19
1
Co
Co
245/a
96¥4
15
—
Byers
7
17
18 % Jan
ZZIIIIIIZlOO
Co
Jan
21
,._100
Buff Niag El
Corp $3.60
Bush
28¥a Jan
36
Co__
Watch
Jan
58
No par
common
preferred
3%% conv 2nd
Apr
112
Oct
35 % Jan
5
Burlington Mills Corp
37
Dec
_5
preferred
Buffalo Forge Co
Bulova
Oct
28 ¥4
No par
preferred
$5
16 ¥a
.5
Gas
Co
15% Nov
102
23¥a July 16
14% May 19
Corp
RR
7
Apr
28% May
35% Jan
103% Feb
19 % Apr
2.50
Bruns-Balke-Collender
Bullard
7
Oct
27
Jun
76% May 19
136% May 19
46 % May 20
—.-No par
preferred
(The)
2
15*.
Mar
30%
25% May 17
No par
;
A
Shoe Co Inc
$3.60 preferred
Budd
6
24% Jan
106% Aug
39% Feb
25
Brass--
Brown
7%
May 17
96
l
preferred
Bucyrus-Erie
2
13
No par
Brewing Corp of America..
Bridgeport Brass Co__,
Briggs Manufacturing
Briggs & Stratton
Brooklyn
Jan
17¥a Feb
18 % Jan
No par
;
Bristol-Myers
6
12¥a May 16
107/a May 21
16% May 19
1
~
No par
100
Mfg Co
Maine
110
Jan
39% Mar 31
33 %c
_j.
B
cum
Nov
15
40
No par
(Del)
preferred
Co
111
7
108 % Feb
12
Co___
Borg-Warner
11%
42
20¥4 Aug
19
5¥a May 27
Bond Stores Inc common—
Borden Co (The)
77
35
30
30% Jun
'
X27¥4
Jun
Jun
31% May 16
of 1946_No par
Co
conv
Ami
11%
40
19
i
Aluminum &
77%
16¥a
40%
31
102% Aug 21
104
May
118% July
1
& Laughlin Inc
Bloomingdale Brothers
Boeing Airplane Co
11%
35
110% Jan
100
Bliss
*76%
121%
Nov
73
1
W)
$2.25
11%
*120%
24%
Sep
___
ser
Steel
Decker
(E
76%
121¥a
Oct
46%
10
2%
7
1514
21%
2
May
May
1,700
7
*21
121%
54
2%
*43%
11%
31%
7
2%
27%
7
Jan
Sharet
2%
¥8
Feb
62
Carp Inc
No par
Birmingham Electric Co.—No par
Sales for
2%
15
Feb
24
"
the Week
2%
28
39 ¥4
18
May 19
—No par
preferred
Bigelow-Sanford
3%%;
2%
27%
15%
Dec
Jun
_io
7%
'■¥
31%
18%
18
4.2
100
LOW AND HIGH BALE
PRICES
Aug. 19
57
31
Bower Roller
Bearing Co.
Braniff Airways Inc
1,900
34%
38'
Oct
Sep
__50
100
8%
34%
109
Cum pfd $3.25
Best
& Co._
Jun
48%
30% July 24
197/a Feb
8
21
May 19
...
Boston &
92%
15
14
Co
100
36
8%
*72
20% Apr
Jun
64% Aug
No par
Bendix Home App Inc com
Beneficial Indus Loan
3%%
4
*35
8%
91 %
3,200
30%
4%
*35
8%
*72
50%
101
*4
39
*54
30%
100
16%
*100
55%
30
*4
16
42
39
44%
50%
*99
16
*38%
16%
30
*43%
3,200
343/a
28%
17"%
30
*54
52%
27
28
Bliss
2,200
34 ¥a
29%
123%
55
41%
Feb
_5
Blaw-Knox
34%
29
17%
*122%
54%
Dec
50
103
1,900
29%
16%
101
400
52%
16%
*100
1,000
31%
15%
34%
20%
23%
101%
16
600
28 ¥a
42
•%
25%
Best Foods
15%
52%
Sep
Apr
88%
36%
10
Bethlehem
Feb
28% July 28
54 % Jan
9
100
500
69
55"% Jan
Co
5,100
13
May 19
,
preferred
2,800
700
Jan
Jan
May
18
5
pfd——
Corp
Howell
873%
*30
293/B
*15
&
145%
52%
60
38%
47% May 20
Bendix Aviation—.
28%
34%
20%
105%
16%
100
34%
20%
23%
101
8%
'
20%
♦105
*15
*38
Eell
4%%
3,400
247/a
16
153/4
30
600
Aircraft
24¥4
52%
31%
15%
66
preferred
Packing
87%
•
16
31 %
15%
Beech-Nut
145%
87%
147
*51 ¥2
43/4%
Beech Aircraft Corp
Beech Creek RR__
28%
•
30
Nov
__25
Belding-Heminway
*105%
24%
Shoe
Bell
22%
29
Oct
Beaunit, Mills, Inc.—_2.50
900
32%
97
12j/4
___
Co___
12¥a
107%
24%-
Jan
17%
50
conv
12%
22%
*95%
cum
400
32%
97
Foods
3¥a %
15%
*105%
24%
47%
16 % Feb
__10O
1
Works
15%
32%
29
Iron
Beck
107%
24%
9% May 19
Beatrice
31%
*28%
Loo
Bayuk Cigars Inc—^
*105%
*95%
Oct
____l
1063%
*7¥4
Jan
18%
Corp___
140
*20%
19%
30%
25% Feb
700
103%
•105%
*106
Oct
11% May 17
600
48
103%
11
_100
(Delawarej_l0
Barnsdall Oil Co
15%
104
16¥a Feb
preferred
28%
48
24 ¥a Feb
7¥a May 17
10
Corp
15%
21%
16
16¥a May 19
Brothers
28%
104
13% May 27
13
100
preferred
Barber Asphalt
15%
.
—J
Works
preferred
Bangor & Aroostook——
28%
'
Inc.
Ohio
4%
Barker
~30
52
*51
Babbitt
'
Mar 15
132
Jan
9
30 % May 20
39% Jan
2
40
14
50% Feb
7
12 y8 May 19
35 ¥4 May 19
19% Feb
41 ¥4 Feb
Apr
128
12%
60
•
112
38%
Oct
Sep
Dec
39
Sep
18
13 ¥•
Nov
24
34 Va
Nov
59% May
137
39%
61%
34
60
May
Deo
Jan
Jan
Feb
Volume 166
Number 4623
THE
COMMERCIAL
NEW
Tuesday
Aug. 18
*6%
39%
407/a
151 %
"6'/a
151%
Sper share
39%
401/4
153
"152
57%
58
24%
24%
25%
24%
106 ya
"1061%
106
106%
148
"1461/a
8TOCK
*146%
EXCHANGE
29
29%
28%
20%
20 ]/4
"20y8
181/8
181/4
10%
8%
87/a
93
"12%
24%
148
145 %
1461%
28%
291/4
28%
291/8
20%
20%
18 y8
I8V4
201/4
181/4
9%
10i/4
181/4
10
181/4
9%
9%
9%
9%
9
8%
9
*8%
9
114
"112 i/b
114
"112%
114
93
"921/4
7%
931/4
71/4
"92
8
13%
"13
101/2
"10
10%
*10
30y8
30%
30
17%
17%
17'/4
17%
17
27
24
.
27
12%
23%
23%
109 %
23%
preferred..
2,700
Central
Foundry Co
2,200
Central
Hudson G & E
Central
111
Lt
100
Cent NY Pr
7%
900
JCent
RR
Violeta
13
12%
12%
3,000
10%
*9%
10ya
100
301/4
30%
30%
1,100
Cerro
17%
171/4
17%
7,800
Certaln-teed
17'A
*26%, 27%
23%
23%
109%
*27
27'%
400
241/4
243/a
243/8
1091%
1091%
50
11%
11
11
*10%
11%
11
27%
11
28
600
28
Checker
*27%
28
28
28
400
Chesapeake
Corp
Chesapeake
&
5'A
47%
47%
473/8
47%
471/4
IOI1/4
*100
100%
100y2
993/4
5
5
*4%
5'/4
10
9%
9%
*9%
8
8%
8'/a
8%
*4%;
5%
10%:
10%
10%
101%
8'/a
8'%
8%
8%
5%
5%
5%
5%
11%
11%
*11%
12
*11%
6%
6%
5%
6
*5%
6
5%
4
3%
3%
*3%
3%
3%
91/4
9%
47%
91/4
*3%
9%
9%
32%
9%
32%
*9%
•
8
*5%
11%
9%
31%
53/4
32%
31%
11%
11%
U 5/8
*5%
6
600
3%
35/8
3%
500
9%
93/8
95/a
32
313/a
31%
201/4
20%
20-
20 3/a
20
201/a
44
431/4
43%
42%
42%
283/i
28%
28%
*54
r
*54
56
551/4
551/4
13%
56%
*55
*54
553/T
56%
553/4
*54
553/4
.
13%
*36
*13%
13%
*133/8
13%
*13
*16%
171/4
*16%
181/4
17
5%
51/4
5%
5%
39
*36
60
59%
5%
39
58%
5%
*36
59%
39
58%
281/4
27%
27%
111%
110%
1103/4
22%
22%
221/4
22%
43%
44%
43%
31
*30%
*10%
30%
11
*84
88
*16%
%
30%
10%
4,700
111%
100
111%
*110%
21%
21%
443/4
30%
22
44%
461/4
30%
*30%
10%
"lOVa
10%
*84
88
*84
17
17
17
30%
*16%
17%
*16%
163/4
30%
*160
30%
30%
*30
31
*30
31
189
*160
189
*165
*88
95
*88
189
*88
95
111%
41%
111%
33%
33%
*108
*160'
*88
41%
.
109
41%
111%
111%
41%
41%
1U%
32%
109
16%
42
"111
33%
33
*103
83%
*80%
33
108
"
*47
52
*47"
83%
80%
52
.
80%
*47
32%
108
38
*37%
*37%
413/4
42%
*145%
149%
'
42'/4
*80%
83%
*47
,
*47
52
52
40
17%
17
17%
•
3,300
373/4
38
381/B
38'/a
43%
149%
42 3/a
43
*146%
.
431/a
149%
*145
Milling
Saturday
Aug. 16
Monday
•Tuesday
Aug. 19
Aug. 18
t per share
182
182
*63
"
*1300
451/8
%
~
-*63
31%
15
181%
182%
63%
"
63
453/4
45 %
183%
63
184
*62%
184%
63%
230
46%
46%
105
30%
15%
15 Va
15%
151/4
15%
18'A
18%
18%
18%
18%
18%
14
121/2
13
12%
12%
130
131%
12
12
170
12%
*12
13
13
*11
12
12
12
12
28
28%
28%
28%
X27%
27%
*27%
28
27%
27%
28
28%
28
%
*27%
28
*27 Va
27%
27-%
'
12
27%
;
11%
11%
11%
11%
11%
11%
11%
11%
11S/8
113/4
38V4
3 8 3/4
38%
38 %
37%
38%
381/8
381/4
*37%
38%
16%
17%
17
18%
17V4
17%
173/4
18
4,500
*76 '/a
78'/a
*75%
77%
75%
75%
78
200
42%
42'A
42
43%
25%
26%
3%
25%
25%
3 3/8
114%
30
29%
ll9/8'
11V2
11%
31%
,11%
31
*30%
5 3/8
30 V2
31
31
30
30
25V4
107
11%
,
5%
53/8
25Vo
25 3/a
107
15%
*11%
15%
15%
12%
*11%
30
11%
30%
30
30
301/4
31
31
25'A
106%
2,400
*11%
483,4
13 '/a
13%
13
13'/a
13
1314
19%
14%
37%
114
*113%
1133/4
114
42
15
98%
143/4
-
98%
*
38%
109
109
.
-
102
19%
14%
141/4
141/4
373/,
373/4
373/4
900
*1133/4
114
20
1143/4
41
♦100
37%
.*109
11
11
11
47%
47
47
46%
47
*
70
141/2
143A
1,900
15
105
3734
•
1093/4
47
*100
37%
*109-
42
1,400
46%
47i/4
15%
153/4
46%
47%
*15
16
fc193%
20
*48
491/8
,133/4
15
143/4
*471/2
49
193%
105
*48
19%
49V8
15
100
11
7%
47
46%
46%
73/»
71/2
47%
46%
15%
*151/4
IS3/,
19% '
*19%
20
19%
14%
49V8
49%
15
15%
48%
*47%
143/4
*14%
14%
57%
57'%
57
57
57%
-
*
48%
14%
*471/2
*14V2
55%
56
243/4
25
243A
104
*103%
104
*103%
104
*1031/2
103%
103%
*103%
104%
*103%
104%
653/8
64'A
64%
633/4
641/2
..
65
*194
195
53/#
*193%
5%
3
31/8
35
353/4
*105
106
14 %
*25%
For
footnotes
see
26
3%
•.
*105
14%
page
51/2
35
14%
*25
23.
195
*193
5%
25
195
5%
"5%
31/8
3%
3%
35%
35%
35V4
106
14%
26
106
14%
*25%
106
14%
26
18
15%
Nov
38 'A May
Sep
205
Feb
105
Jan
108
Jan
109
Sep
113%
Jan
106
Jun
108% Mar
106
20 3% Feb
May 19
31
95
Jan~28
26
10
109
80% Aug 11
101
Jan
22
57
Feb
18
15 % May 19
24% Feb
3
32
May 21
393/4 Mar 12
4
22
Mar
3
48% Mar
154
6
Feh
7
Range Since January 1
Highest
25
"
l,20o
104
...
-
150
64
64
63 y4
63%
4,000
192
193
191%
191%
30
53/8
*31/8
35
*1051/4
5%
5 3/a
53/8
3%
*31/8
" 33A
800
353/4
351/8
351/2
7,100
106
*105
106
"
1,200
100
14%
14%
14%
14%
1,900
*25%
25%
25%
25%
100
,
May
99%
Jan
56%
•
Feb
62
19%
Deo
44%
243/4 Sep
39% Nov
152%
Apr
Ju
141
No par
.
X6IV2 Jun
Jan
165
May
Year 1946
56
5
11
t per share
130
Oct
61% Deo
Highest
.
I per share
20O
Feb
69% May
May 22
Jan
2
42%
Feb
60 3%
July
*99
Deo
37
Oct
63%
163/4 Mar 27
10%
Oct
233/4
15%
Oct
247/«
Feb
May 14
■20% Feb 30
171/4 Feb
4
12%
Nov
41
Jan
9% May 15
""17% Feb 11
13
Sep
39
Jan
105% July 25
46
May 17
May 17
16 Va May 19
8
1st
Apr
Apr
12%
110
Aug
Jun
Jan
Oct
38
Jan
28
Oct
47
Jan
27%
Nov
47
Jan
Jan
16% Feb
19
10
10
32% Jan 21
.
23
Feb
32% Jan 10
12% July 25
8
May 20
22% Apr 16
2.50
18
4
8%
Sep
14
303/a May 28
14 Va May 19
393/4 Aug
6
32 %
Nov
48
22% Feb
7
20
Deo
36 3%
May
757/a Aug 20
86
Mar 21
78 %
Deo
106 V4
Apr
50
Feb
13
47% Feb
115% Feb
8
36%
Oct
3
103%
Deo
393/4 Apr
36
10
20 Va
No par
& Southern—No par
28
May 19
103V2 Jun
100
17
May 19
263/4 July
2V4 May 19
114
4
Jan
7
2
1233/4 Jan 29
Aug 11
27% May 19
•
33% Jan
2
8% May 16
14% Jan
2
36%
19
Oct
Nov
2% Jan
111
Sep
29% Sep
12% Nov
231/2 May 19
31% Aug 15
24%
Nov
30
No par
35% Feb 11
7
Feb
7
33
Oct
Apr
14
4% May 19
243/4 May.23
._5
No par
No par
Aug
65% Jan
1155
May 19
99% Mar 13
100
u
10
May 21
33
No par
Cigar,
189
May 19
1140
No par
..
*
™_._.
xl053/i July
5%
Oct
50 V4 Aug
59 3%
132
Jun
18 Va
Sep
40% May
65 Va May
10 3/4
24%
Oct
Sep
1093/4
15% Feb 10
17% Sep
133% Nov
23%
54% Jan
42% Jan
60
14a/4
33%
121% May 19
11% peb
34% May 19
Feb
36 Va
105%
11% May 21
Jun
July
32 V» May
53/4 Jan
3
29% Feb
Apr
123
108% Mar 26
1
40V4 May 19
36
Feb
Feb
Jan
383/s Feb
11
10
No par
preferred—
.
par
5
pref
Com
Exch
series™.,.:
Electric
Bank
Trust
Corp
Co.
50
i—l
20
Corning Glass Works comra«n_™_5
3%%
preferred...™
100
Cum.
pfd. 3%%
ser
of 1947—100
Corn Products Refining...
Preferred
...
Coty Inc
...
Coty Internat Corp™..
Crane Co common.:
Z3A%
preferred..:
Creameries
Cream
of
of
America
Wheat
Corp
*
13 y8 May 27
97
Jun 18
33
May 20
6% May 19
22
Feb
9
8
33%
Sep
103%
Nov
101
Sep
8% Nov
54% Feb
3
46% Nov
12% Feb
8
10
Oct
Apr
July
109 Va
Jan
53%
Jun
113% Mar
18%
Feb
.63
Jan
24
Jan
July 24
33%
Oct
493/4 May
19
Feb
15
Nov
X23% May
19
July 28
13% Nov
30%
Fee
May 16
53
Mar 25
46 %
Deo
56
Jan
121/s Jun 27
16
Feb
7
12%
Oct
23%
Feb
60
Oct
12% Apr
43
47
~ Jun
14
25
21 Vi
55
Feb
5
12% May 17
20% Feb 13
52
61
Apr
14
243/4 May 19
101% Apr
2
102'/a Apr
17
185
Apr 25
1
64%
12%
44% Feb
:
115 9% Mar
48
Apr
100
(The)—2
Deo
35% Sep
14
•
July 11
100
Jan
Aug
141/s May 19
35
,
47
32
Xll'l
Feb 24
Sep
1103/4 July 30
13% Feb
7
44
Jan
Nov
106% Apr
May 19
Xl05% Jun 11
9
May 17
62
25
48
Apr
May
16%
104% July 31
20% Feb 10
26
Nov
25% July
17
Jan
114% Feb
13
25
.-1
—1
30
May 19
99% Jun
2
17% Mar
32 % May 19
Motors™™i..
5%
20% Feb 13
29
V2 July 30
111% Jan
No par
«-20
preferred.*;——No
Apr
17
No par
cum.
Cornell-Dubller
»
Ftt
36 % May
60% Jun
Lowest
$ per share
Consolidated Natural Gas
il5
Consolidated Vultee Aircraft—._1
Consol RR of Cuba 6% pfd
100
Consol Retail Stores Inc.
—I
Conv
104%
t per share
No par
10
.*.1
Continental Oil of Del...-/
5
Continental Steel Corp—;
14
Cooper-Bessemer CorpNo par
$3 prior preferred.
No par
Copperweld Steel Co—
—8
6,600
...1,200
*
640
22
35% July 28
10
Lowest
Southern
B
44% May
Range for Previous
Continental
40
15
104%
&
Feb
433/4 Jun 27
115 Va Feb
STOCK
Aikman
114
July 24
Jun
46% Apr
—1
Continental Diamond Fibre.
Continental Insutence.™.-
900
300
551/4
55%
104%
25
108% Mar
27% Jun
106% Jan
.
50
preferred—
$3.75
12,400
j43/4
104
25
Deo
178%
Neft.l
(The)
non-cum
$5.50
48%
15%
*103%
*103%
88%
Mar
May 19
110% Apr 22
™_50
7,700
491/2
*143/8
*103%
25
6
37
Nc par
2,200
'
47
*47%
48%
14%
25
461/2
491/8
*47%
Oct
94
28
85
com.JVo par
Continental Can Inc™*.**.
'
1,100
15'/a
153/b
*191/4 ^193/4
15
14%
56
47
49i/8
14Vs
25
73/8
46 3/4
*48
Sep
9%
Jan
23
20
preferred
100
Continental Baking Co_i»...No par
4,000
10%
7%
'
323/4 July'24
11% Feb 10
273/a
May 19
12
4%
200
w
37%
1093/4
11
7%
*15
Apr
12% May 19
Container Corp of America..
'
7%
68V4
8
20
$4.50 preferred
100
1033/4
11
47
1133/4
413/4
*1031/2
X37
.
*109 :* 1093/4/
1133/4
H>3%
143/i
15
19%
41%
*103%
103 %
11
73A
Oct
Consumers Power Co
1,000
*37%
t
1,500
*14%
113/8
7%
36%
Consolidated Grocers Corp—1.38V3
Consol
Laundries Corp™;
—5
600
10,200
" 2,900
*19%
ll'/e
7%
July
Va Jan 36
84
100
Co.;
Deo
38 %
18
100
gtd
30%
Dec
27% May 20
stock
21% Sep
Nov
48
100
36
21
37% May 19
(The)
Jan
108
Feb
Colo Fuel & Iron Corp™_™-_No par
5%
cum
conv
preferred™
l20
$5
12V2
14%
102
37%
35%
37%
41%
1033/4
1033/4
15
371/4
41
42%
.
1033/4
151/2
19%
■
29% Jan
'
111
Feb 20
No par
Consol Coppermines Corp
Consol Edison of N Y
1,400
49
143/4
6
5
....
Consolidated
13,000
12%
37%
1091/2'
5%
49'A
16
5,100
253/8
48 3/a
203/s
Jan
$6 preferred series—No par
Commonwealth Edison Co...
25
Conde Nast Pub Inc —*.
No par
Congoleum-Nairn Inc
—No par
1,100
1
107
*11%
143/4
*108%
5%
25'A
107'A
*15%
20
•
700
251/8
37%
38%
2,300
107%
14%
105
30
32
30
*3 J %
251/8
37
38%
1,400
12%
20 3/4
*98%
11%
107%
14%
15%
11%
25
37
15%
5'A
30%
15%
*20%
43
5%
5%
3%
1143/4
29%
48%
133/4
103%
11%
11
15%
13%
108
__9
&
Commonwealth
50,000
3%
114%
,
48 3/8
133/4
43
3%
H4 i/a
*11%
13%
*113%
3 3/s
12V2
48
42% Mar 17
28
New
6'/4
62% July 17
14
21% May 21
Commercial Credit
$3.60
preferred.™
Commercial Solvents
4,300
15%
48'/a
*103%
253/4
48 3/s
48
May
1
1
Apr
Columbus & Southern Ohio Elec—10
6,800
25%
*107
253/a
53
July
7% Mar
56% July 30
25
Columbia Pictures com™.—No par
$4.25
curii pfd w
w._.
No par
600
47
253/4
30
107
107
Sep
34
Columbia Gas & Elec.i.—_™No par
Columbia Carbon Co
.—No par
560
2934,
11%
5%
42
108%
30%
5%
46%
115,200
108%
1143/8
115
42
46
.
108%
.25%
30%
'
*74
42%
45 Va
108
3%
114
29%
30
78
42Va
451/8
108%
3%
33/a
114
114%
29%
*74
42%
44%
1081/4
25%
25%
33/a
*114
*41%
44
108
108
Jan
26
Class
1,100
16%
44%
15
preferred... 100
4 % non-cum 2nd preferred
100
Columbia Br'd Sys Inc cl A
2.50
110
*153/4
108%
Dec
,.N0 par
4%
300
43%
4% May 17
100
YORk
Co
&
Colorado
1,700
28
*108'
Jan
25% July
Feb
Co_-I0
$3.50 preferred
900
42
Jan
No par
4%
A
Collins
6,700
\
59 %
25 %
.25
Corp..,
Colgate-Palmolive-Peet
40
15%
12
Dec
67%
Co.
Peabody
Class
i
400
15%
12
Jan
45
Oct
Par
4,300
30%
12%
373/4
Deo
Coca-Cola International Corp No par
*104%
13%
Nov
Dec
8.50
Machine
Clev & Pitts RR Co 7%
Coca-Cola
Feb
17
14
EXCHANGE
*1300
30%
*12%
Jan
767/a
14
2.50
preferred
NEW
1,300
63%
63%
184%
15%
133/8
Jan
43 Va
3/a
55
Shares
15%
13
82 3%
15
18
preferred.™™™™
Sales for
I per ihare
"1300
__
*13
Sep
Sep
Sep
34% Sep
3C%
11
Ry Co
the Week
47
13V8
11%
7
21
10
105
13Va
11% July
38% Jan
56
30
46%
14
153/4 July
Oct
153A Feb
Jun
30 Va
*13'/a
,.
Friday
Feb
Sep
3%
29% July 24
13
Jun
*1041%
CLOSED
4
12% May 15
37
46%
18%
6% Feb
7
15% Jan
144
31%
18%
33%
11'/4
52ya Jun 27
100
104%
183/4
Oct
5%
7
30
25% May
66% Jun
Oct
July 23
57% May 15
No par
45%
*18%
Oct
1
15% Feb
10% Jan
13
Preferred
*30%
EXCHANGE
Jan
14% July
17% Jan
53% Feb
Cluett
104%
30%
Jan
26 %
Nov
36% May 19
20'/a Jan 16
51% May 19
2,600
46
30%
18%
Oct
7%
8
No par
105
105
31%
Oct
9%
2
21
1,400
Aug. 22
I per share
184%
*1300
"4%
9% Jan
8% Feb
27% Feb
'
$ per share
*1300
__
105
105
STOCK
63
181%
•
Thursday
Aug. 21
Apr
17% Mar
STOCKS
Wednesday
Aug. 20
S per share
Jan
32
No par
No par
10
Fuel
LOW AND HIGH SALE PRICES
$ pershare
114
Oct
48%
14% Feb
38% Feb
•
Oct
Sep
123/4 Jan 29
8% May 19
43/4 Mayl9
.
Jan
30 % Mar 10
54% Jan
2
14
53/4 May 19
6% May 19
4'% May 17
Climax Molybdenum
Clinton Industries Inc
149%
105
May
102% July 25
7% Feb
3
3% Apr
100
Special gtd
17
3
10
Jun 12
14 V, May 17
...
preferred
Elec Illuminating
5%
Jan
95
par
common
Financial
$4.50
23
41'/a Jun
No par
No par
Clev Graph Bronze Co
70
17'A
421/4
*146
143%
1,100
i
38
37%
42%
*146
32'/8
'
'
17
38
41%
•
^
17%
Elec
&
Clark Equipment Co.
C C Si St Louis
Clave
2,700
12%
Feb
2% May 21
6% May 19
233/4 Mayl9J
preferred
Stores
5%
13
27
No par
Oil
O
*80% "83%
52
'
17%
173/4
•
23
20% Feb
A..25
div
cum
Investing
City
40
109
*108
T
City
700
111%
321%
108
cl
Co
City Ice &
100
800
41%
*111
I
1103/4 Jan
5
5%%
31
41%
111%
32%
108
*30 3/s
42
*111
'
*80%
17%
v
95
*160
95
41%
400
'
;
189
95
189
*88
C
88
,
17%
30%
4,400
18
10% May 10
.50
Tool
Cotton
Cincinnati
14% Feb
No par
($2.50)
Gas
13%-Aug 13
14
25 V4
Preferred
600
*10 v*
88
Clnn
Jan
Nov
vtc„„___100
Copper Co.
Chrysler Corp new_„
22,600
28%
2f37/s Jan
213/4
vtc.No
Chile
591/4
27%
10%
*84
,
P
,2,000
39
102 3/a July
10
Chicago Yellow Cab™.
58%
43%
&
5%
*36
116
Dec
8%
__100
Paul
Chickasha
tChilds
Jun
Sep
89
.191/4 May 21
1033/fe Jun
4
.
No par
100
27%
30%
*10Va
88
38%
*21 %
Co
200
*5%
15
31
Jan
-
593/8
'
Ry
Pneumat
pf
Feb
96 Va Apr
12 % Jan
July
preferred—
Pr
1103/a
116
6
3
43
$3 conv preferred.
80
13
4
Jan
Jan
Nov
50
Louis
181/4
27 5/8
44%
30%
10%
*84
56
13
Jan
23%
Northwestern
*17'
Apr
137/8
7
Co
preferred
56
5%
*110%
RR
&
Chicago
17%
28% Jan
„l
A
•'
29
Oct
Sep
20% May 19
No par
Series
1,200
Sep
8Va
9
25 7/8
Co
Chicago
56%
20
2
2
51%
25
1,300
28%
19
14% Jan
10% Jan
Jan
Jun
July
24
_
3,700
28%
23
Jan
...100
•1,400
5%
Sep
Sep
B
St
20
Dec
40
Milw
14
14 3/a
Va
43
58%
111%
; 22
22
44'A
Chic
21% Feb
22 % Feb
11
Ry
201/4
59%
27%
*110%
43%
5,800
28
'
27%
*110%
of
Ohio
111 RR
&
38%
313/,
preferred.—
Ind
161%
Jan
1
A
Class
Jan
Oct
22%
6
preferred
31%
*54
13%
*36
5%
Chic
109%
6
28
24
9% Apr
1.25
Chicago Corp (The)
Chicago Great West
<
Sep
138
156
21% Jan
_
19%
17
5%
East
104%
108'/a Jan
11
81% May
23% Sep
35 % Mar
No par
No par
43
56
17%
*17
&
par
Mfg
conv.
Nov
29% Apr 19
11% May 19
Co
311/4
-
56%
*55
'
Cab
Class
900
5%
43%
283/8
Chic
300
500
20%
281/4
3'% %
500
10
53/4
43%
28%
1,000
-,,53/4,
5%
20%
28%
6,800
5
"2,000
43%
28
47%
IOO1/2
5
8%
5%
11%
47%
100 Vb
100
Nov
18 3/4
1
preferred
11%
27%
47%
54 %
—No par
27%
100%
Jan
R
Feb
64
4yaMayl9
No par
Co
11%
51/4
_No
Products
11%
47%
Jun
Apr
90
100
Copper
Champion Pap & Fib
$4.50
Jan
55
183
25% Aug 22
12% Aug 21
Pasco
Belt
10%
Nov
Nov
32% Feb
112y4May
ser.100
Mills
de
Oct
31%
153
Co—
Ribbon
*271/4
100%
preferred™ 100
Sugar
6%
7
7% May 19
8% Aug 15
capital stock
Chain
3,300
109%
*108
New
Century
8
40% Aug 18
158 % Jan
July 17
18% Jun
6
1
4%%
I per share
20
Corp .No par
Corp pfd 3.40%
New Jefsey
Jun
Highest
S per share
19% May 19
«_No par
of
7% Feb
May 23
X139
20
Aguirre Assoc™
93'/4
*7%
100
No par
.
Central
12%
"30
26%
*108
preferred—
13
491/4 May 19
17% May 19
104% Jun 18
—No par
Corp
*9%
ioya
26%
*108-7
'
12%
5%
of Amer
2,500
9
"92
7%
2nd
Celotex
400
181/2
9
7%
130
5,800
.
Central
17%
131/2
'
147%
138
No par
com.No por
preferred
Jan
Lowest
I per share
29% May 19
100
Tractor
1st
$4.75
"112% 114
931/4
*7%
30
109
147
25
Celanese Corp
"20'%
18%
"7
27
22,300
260
6
Year 1946
Highest
$ per share
l
—...
25%
107
Corp
(J I) Co
Preferred
580
Caterpillar
20%
30%
23%
15
Range for Previous
Range Since January 1
Lowest
Case
7,000
.2,000
28%
8%
;
401/4
251/8
*106%
Carriers & General
57%
20%
lOVa
109
251%
106%
STOCK
Par
400
154
57%
28%
30 »/4
"26
39%
154
57%
106%
107
"146»/2
401/4
YORK
EXCHANGE
Shares
61/2
291/4'
93
7%
7%
25%
6%
154
57%
"112%
114
"92I/4
39%
153%
57%
I per share
6%
NEW
the Week
20%
9%
"112'/a
57%
148
18%
10
%
6%
153
58%
24%
CLOSED
(767)
RECORD
Sales for
Aug. 22
t per share
6%
40%
"152
6%
*58%
Friday
Aug. 21
6%
39%
Thursday
Aug. 20
S per share
6%
106
STOCK
CHRONICLE
STOCKS
Wednesday
Aug. 19
I per share
I per share
YORK
FINANCIAL
LOW AND HIGH SALE
PRICES
Monday
Saturday
Aug. 16
&
5
Jun
6
2% Aug
8
26% May 19
103% Apr 15
14V4 Aug 15
24
Apr 29
Jan
7
82% Feb 19
6
1053/4 Feb
*12% NOV
52
Bep
60
Apr
27%
Jan
25%
Oct
Jan
39% May
101%
Deo
1093/4 Aug
67'/a
105% Jun 28
75% Jan
195
7
Aug 15
58% May
1185%
7 Va
8% Jan
Deo
Nov
753/4
Dec
210% Mar
14%
7%
Apr
Jan
40% Feb 13
31
Oct
Oct
49%
Jun
5
101
Nov
110%
Aug
28
Sep
35%
Jan
4%
4% Jan
107
Mar
15
Aug 14
30
Jan
16
THE
(768)
COMMERCIAL
NEW
YORK
CHRONICLE
FINANCIAL
&
RECORD
STOCK
LOW AND HIGH BALE PRICES
Saturday
Aug. 16
Aug. 18
I per thare
I
STOCKS
Wednesday
Tuesday
Monday
Aug. 19
f perthare
I per
43
Thursday
Aug. 20
pert>are
thare
43%
42 y8
43%
43
*51%
52%
*51%
52%
♦51%
52%
*51%
31%
31%
31%
31 %
31%
3iy8
31%
105%
105%
*105 %
106 %
*105%
105%
*105%
42%
I per tha*e
42%
42%
52
52
31%
31%
106%
105%
Par
100
$2
*117%
119
♦119
120
121
119
119
26%
26%
26%
26%
25%
26%
26
84%
82%
82%
82%
82
82
*28
29%
29
29
82%
28%
♦28
29
STOCK
15%
EXCHANGE
*165
CLOSED
,
15%
15%
180
*165
50%
50
15%
15%
*98%
*17%
17%
*45
50
9%
*45
9%
10%
129
129
129%
63%
*62
2tt0
45
46
46
200
Cunningham Drug Stores Inc__2.50
Curtis Pub Co (The)
NO par
9%
10%
10%
131%
10%
132
63
10%
♦132
63
24,200
160
5%
5%
5%
19%
15,800
*130
140
27
27
*130
Class
27%
Jan
110
29
Dec
29
88%
Dec
34% Jan
8
22
2
17%
113% Jan
56
1
Oct
160
53% July 28
24
35
101
66
129
Feb
Feb
Apr
54% Feb
115% July
46%
Jan
28%
Jan
165
Jan
Oct
66
Jun
Oct
106
Mar
24% July
82 % May
45
Sep
10
Nov
103
Feb
6
70
Mar
Oct
146%
Feb
Sep
76%
Apr
Oct
Oct
12%
60
6% Feb
5%
20 V* Feb
132
150
Nov
12% Feb
135
18
110% Feb
16%
7
16
Jun
Jan
Jan
95
Mar 12
19'/a Feb
12% May 21
100
Jan
7
4% May 20
1
pfd
Jun
62
Oct
21% Jan
Jan
166
16% May 14
39% May 17
6% May 19
No par
No par
Inc
8
13
Jan
31% May 19
96
Oct
96
7
.100
A
Cutler-Hammer
900
.
32
Sep
Sep
13% May 19
165
8
377* Feb
May 20
..30
Cushman's Sons Inc 7%
140
27%
30
.—5
preferred
Curtlss-Wright
25,800
17%
26%
.10
Prior
17%
Jun
22
..100
$7 preferred
200
4%
100
...
Inc
64
16%
140
Press
133
*61%
4%
26%
100
45
64%
♦130
105% May 19
22% May 19
79% May 19
No par
Cuneo
15%
26%
128
No par
preferred
400
4%
140
103
400
Xl4%
26%
Apr
,2,400
4%
♦130
108% Feb 24
40 V*
102
17
16i%
27
Feb
Oct
52%
51
4%
140
54%
25
100%
51
100%
2,100
16%
27
Deo
8
2
No par
Cudb RR 6%
180
4%
*130
47
33% Jan
17
15%
♦165
16%
4%
16
52% Mar 27
Apr 29
♦98%
50%
130
130
*62
63%
Jun
25
17%
15
180
100
46
9%
10%
130
63%
28
28
15%
*165
17%
*45
46
•
6%
300
# per thare
47
Corp.
Crucible steel of Amer.
1,300
Highest
# per thare
No par
Zieiieroacn
17%
99
♦17
,
26%
83
I per thare
43% Feb
preferred
2nd preferred
$4
220
121
26
*81%
t per share
Lowest
31% May 19
$4.20
80
Year 1946
Highest
No par
preferred
Cuban-American Sugar
7% preferred
Cudahy Packing Co...
4%% preferred
15%
50
99
99
18
15%
180
50
50%
99
*17%
29
*165
180
50
*98%
-
*118%
26
*82%
Orowu
,3,600
Seal—
&
preferred
'
31%
105%
Cork
Crown
2,700
Range for Previous
Range Since January 1
Lowest
Bharet
42%
52
STOCK
YORK
EXCHANG1
the Week
Aug. 22
f per thare
NEW
Bales for
Priday
Aug. 21
42%
118
Monday, August 25, 1947
-
17%
26
Jan
Feb
34 %
Feb
25%
Sep
29
91 y4
Dec
981/4 Nov
17
Nov
34
16 Va
Nov
35% Jan
203/4 May 16
1
233/s July 14
1
30% Feb
18% May 17
23
36
Aug 11
96'A Jun 26
—No par
Apr
31% May
28
Sep
36% July
128
Oct
145
Deo
45
July
May
D
35
35%
♦94%
953/4
*16
17
♦21%
31%
101%
♦100%
133/4
343/4
35
34
33%
Va
33%
33%
97
♦95
97
95
95
*95
17
21%
17
*16%
17
*16
17
*16%
21%
313/8
313/4
101 Va
*100%
13%
21
21%
101%
313/4
101%
101
31%
101%
101
13%
21
♦100%
31%
21%
31%
>101
101
13%
13%
13
333/4
333/4
33%
333/4
34
40%
41%
41
41%
40%
37%
37%
*37%
40%
40 3/4
403/4
13%
133/4
133/4
13
13 V*
2,200
Decca
353/4
2,900
4,000
np.erfi
41
37%
37%
37%
400
403/4
403/4 "
403/4
403/4
900
8%
7%
11
37
23%
23%
62
♦57
23%
73/4
11
7%
.
10%
37%
233/4
23%
7%
7%
37
11
23%
&
Rio
Grande
500
Escrow
ctfs
for
Escrow
233/4
22%
23%
3,400
62
♦57
62
12%
♦12%
123/4
12%
12%
*12%
123/4
500
223/4
22%
22%
223/4
22%
22%
22%
22%
23 V*
1,900
18
22%
♦17%
17%
*171/4
17%
*17%
25%
*25%
25%
403/4
403/4
*44%
25%
40%
*40
40%
*57
62
25
*57
25%
41%
*39%
46
— — —
'
17%
24
40%
*45
62
~
— —
•
ctfs
for
pfd
Feb
6% partic preferred
Diamond T Motor Car Co
&
Raynolds class A
Match
45
45
19%
19%
15
37
15%
38%
373/4
8,400
Distil
38%
39
38
38%
383/8
900
53
Dixie
53%
*53%
54
54
54
Cup
*53
54
30%
30%
*30
30%
30%
*30
36%
37
35%
353/4
36
18%
563/4
57%
383/8
18%
39
57%
37%
*1113/4
39%
112
112
♦111%
18
%
*95%
96%
*95%
12%
12%
12%
29
29
190%
*29%
18%
57V4
19%
563/4
38 %
18
17%
953/4
*95%
953/4
12%
12%
*12%
13
29
29%
*28%
29%
700
38 3/4
12,200
112%
*111%
18
18%
57
38
112
18
1,000
300
1,000
♦111%
*28%
1891/4
xl 88
188%
190 y4
*128 3/4
129%
129
129
1063/4
*1113/8
112%
1123/4
111%
111%
*111%
112%
*111%
16
15%
15%
15%
15%
15%
*15%
16
106%
1063/4
*1063/4
Du
20
500
Monday
Aug. 16
Aug. 18
Tuesday
I per thare
257a
^19 Va
-20%
'44 7a
2574
45
*51
I per thare
f per there
257a
X247a
243/4
257a
19
187a
187/a
18.%
217a
2074
21
21
18%
213/4
437a
447a
*190
19272
52%
527*
52 74
447a
45
447*
192 7a
*190
52
52
22
22
22
22
21
103
103
104
*108 7a
<
16%
574
*108
57a
383/4
*38
13 7a
38 7a
♦190
52%
*52
22%
♦104%
16%
16%
108%
*57a
57a
55%
274
*2 7s
27a
2%
17 7a
177s
167a
173/a
16 %
165
♦163
1507a
52 7a
1 i ' M
.
;
*
* -'
1v» *
F
I
*'
150 7a
52%
53
"t8 Va
187a
*18
f. 1
■
e-
e
55
55
12%
,
*148 7a
54%
12%
165
164
143/4
2,300
,
$3.50
Duquesne Light 5 %
Cigar Corp
5%
553/e
NEW YORK
9,700
6%
300
Eaton
800
Edison
80
163%
3,200
108%
300
55%
2,300
4 % %
4%%
Stop
Electric
2%
2%
167a
17%
*164 3/4
165%
*149%
150%
17
1643/4
150%
900
173%
165
150%
53
53
53
183/4
54%
18%
:t
,54% v/54%
i-H 54
54
Conv
$7
200
53
18%
800
400
1,100
34,.,
Ind
Power
Natural
15
15
500
700
Endlcott
23
13%
43 %
44
12%
12%
*21%
13%
53%
♦68
9%
9%
22%
53%
72
21%
9%
22%
9%
105%
1051/4
20
3%
3 3%
1,500
9%
51%
513/4
*68
72
9%
52
*68
9%
9%
*9%
20%
21%
21%
13%
13%
13%
13%
13%
43%
13%
*42%
43%
43%
43%
11%
*43 %
54
54%
53
29%
29%
63%
63%
24
6 3/4
54%
63/4
6%
2374
105
293/a
67a
24
53
29%
63/4
♦1027a
105
12
53
293/a
23%
12
233/4
23%
♦51
29
100
334
11%
11%
1,400
106%
3%
*43 %
29 3%
♦102%
55
*105
12
16
12%
.
12%
9%
8,300
52%
1,200
72
700
22
3,300
133%
1,700
44
200
12%
53
*51%
29%
6%
2,400
53
*28%
6%
6%
23%
*102%
105
*102%
105
*23%
800
'
1,500
2,500
24
900
.
*102%
Erie
105
RR
38
*37 y2
38
*20 3/4
*36%
38
*37
21%
38
*203/4
217a
300
*20%
Federal
1174
21%
113/4
♦11%
*20%
12
*21%
100
*11%
12
Federal-Mogul
26%
263/4
*105
27
1063%
20%
*22
20%
223%
53%
53%
51%
51%
,*105%
107 %
♦55
55%
16%
34%
108
161/4
35%
108
♦34
♦20%
•22%
53
51%
♦106
55%
105
21
21
223/4
21
20%
22%
*22
223/4
53
53
*53
53%
51
51%
50%
♦106
107%
*105%
55%
54%
553/4
*55Va
167a
34%,
108 ;
37
15%
157a
22%
22%
*16%
♦1077a
*34
,
167a
51
107%
55
26%
*105
20%
22%
*53
50%
*106
54%
12
400
26%
6,100
'
600
Felt &
22%
>
100
Ferro
800
Fidel Phen
533/4
•
.
50%
107%
-
2,300
r
54%. <
ioo
16 %
16%
*16%
16%
600
34%
34%
34%
34%
*107%
3,300
37
"
157a
227a
15%
22%
26%
267a
10%
27%
257.
26
10%
10%
1074
10%
10%
♦34
15%
*22%
37
15%
23%
*107%
*34
108
10
37
15%
23%
.253/4.
26 3%
26 %
10%
10%
10%
1
4,200
200
263/4
10%
First
17%
Oct
15
106%
Nov
18
50 % May 17
10 % May 19
653/4 Feb
13
333/4 May 29
39% Jan
23/8 Aug
7
liy4 May 19
3% Jan
14
193/4 Feb
8
May 20
171
137
May 26
156 % Feb
Firth
National
$4
Corp.
18,000
'
.
2,300
Smelt
v
80%
Feb
8
12 3/4
Deo
353/4
Apr
10
34%
Oct
483/4
Jan
3%
Dec
7%
Jan
13%
Oct
138
July 24
Sep,
Sep
29% May
180% May
24
128
3
55% July 14
40
Oct
56%
Jun
24% Mar 19
56% July 28
44%
Sep"
613/4
Jun
15% Feb
21
11 »4
Nov
30%
Feb
167
July
'
13
May 19
*14% May 27
27'A May 17
102
May
21/2 Jan
213/4 Feb
T
8
17 Va
Dec
43% Mar
19% Jan
8
17
Nov
21%
38
2
104
Sep
107
2
Apr
Mar 24
4% May
5
2%
Oct
Jan
111
Jun
8% May 14
53/4
12% Feb
3
Oct
47% May 19
23%
67
Feb
3
48
Oct
93
72
85
Mar 25
90
Oct
95
10
Oct
22%
Jan
Jun
11
7% May 17
13% Feb
18
9%
8
Ja*h
Jan
Jan
.
Jan
May 19
12% May 17 *
15%
Oct
333/4
25% Jan
Apr
7
21%
Nov
32% May 19
58%
Apr
45% July 17
34%
7
A
'
Co
Steel Corp
Food Fair Stores Inc
60
32
May 16
4
•
47%
Nov
88
21 %
Sep
36%
7%
Deo
193/4
Jan
Sep
100% Sep
26%
Jan
Jan
4234 Mar
20
20
29
7
35
14% Feb
8
10%
26% Feb
26% Jan
4
-42% Jun
5
61
105% Jan
10
Feb
51% May 20
14% May 27
No par
No par
24
May 19
373/4 Jan
105
May 21
May 19
110% Feb
25
41% Jan
8
17% Jan
8
Feb
7
No par
..10
1
18
.
May 29
-14% Jan
9
21% Jan
13
13
May 17
23
.
Sep
Feb
543/4
Feb
213/4
Jun
34% Aug
Feb
34 y# Mar
Oct
70
Feb
83%
Apr
Dec
109%
Jan
52
Nov
16
Nov
28% July
25%
29
27% Aug 19
15% Feb 13
Sep
108
Nov
105%
3
-
112%
51
21
% Aug
7
60% July 23
No par
No par
.7%
Feb
49
107
30
Nov
19%
59% Feb 28
_28
: 143/s Jun
May
10
20% May 17
46% May 27
Oct
21
12
20 % May 20
No par
Oct
104
28% July 23
1073/4 Jun
;
100
;
Jun
1
1
10
Jan
11%
7
8
!
63%
23% July 14
9% May 19
Apr 18
6
Oct
Oct
30
108
•
19
104% Feb
7
6
31% Feb
24 Va Jun
20% Aug 14
*
1 an
7
9% Feb
16
20% Apr 19
102% Mar 19
100
Stores
Corp..
13% Aug
4% May 19
No par
Rubber
May 19
25% Jan
2
Co
24% Feb
May 12
44
-
__5
Florsheim Shoe class A
Follansbee
Feb
Jan
Oct
24
9% May 19
8
Co
Carpet Co
(The) com
preferred
Stove
Dec
16%
Jan
47
15
new
Corp
Co
Power
27%
114
171/4 Jun
pa*
2.B0
(The)
Florida
Aug
1
Fire Ins N Y
Tire
6(4 Nov
Feb
112
50%
16% Feb
152
B
preferred
Flintkote
Florence
:
15%
*22%
Firestone
Oct
3
Tarrant Mfg
Enamel Corp
4%%
:
101
17
8
Federated Dept Stores com
4% % conv preferred
90
*
71
40% May
8% Feb
50
Motor Truck
'
108
108
Federal
20%
106
34
34
•
25%
23.
26%
105%
20%
51%
15%
page
25%
104%
107 7a
16%
•34
26
1057*
*22%
5374
22%
♦22
253/4
106
33%
•1077a
37
15%
*105
*11%
&
Oct
Dec
111% Feb
par
Min
4
27% Feb
39
233/4
17
Fairbanks Morse St Co
No par
Fajardo Sug Co of Pr Rico
20
Farnsworth Televis'n St Rad
Corp.l
Federal Light St Traction
IB
$6 preferred
No
x38
Feb
190
100
Co
Buffet
11%
u'
No par
A
Inc
Ex-Cell-O Corp
373%
7
109
July 31
16% May 27
No par
Ever sharp
21%
May 17
1073/4 Jun
100
RR
11%
Aug
11
101
10
Bldg
series
21%
209
27
Feb
25% Feb
57
19
25
Eureka Williams Corp
Evans Products Co
Exchange
Nov
lyova Feb
6
423A May 17
.
'J
30% May
48% July 23
J'
common
Pitts
Jun
lb2VaJun
4
Corp
Office
pref
&
61
43/4 May 19
Phonograph
Johnson
373%
26%
&
preferred
5%
Erie
9%
29
4%
Radio
tEquitable
31% May
Jan
42% May 17
B
Emerson Electric Mfg Co
Emerson
Nov
30%
No par
No par
Empire District Elec Co
33%
12
16
Sep
30
Jan
463A May 20
33%
12%
17
19
16%
61
>
Gas
31
12
*16
Highest
9 per thare
253/4 Aug 18
24% Apr
3
May 19
No par
15
13%
Light
preferred
Paso
16
9 per thare
171/4 May 19
1
Electric Storage
Battery_^._No
Elgin National Watch Co____
El
S per thare
3
33
22%
see
St
Feb
May
18
shares
preferred
$6
19% Jan
Lowest
No par
Am
21
Year 1946
,
.
I
preferred
15
72
116%
Sep
4
com
(The)
33%
9%
Oct
13%
1
17
54%
112%
3
19% Mar
t per share
100
15
*68
9
_10
;
Co
*143/4
9%
115% Jun
58% May
6
r
...
Nut
♦16
72%
July
July 18
14% May 20
100
12%
55%
24
;
Electric Boat common
500
18%
9%
Jun
133
100
Auto-Lite
Eiectric
106%
3%
227
Dec
Range for Prevloos
preferred
Elastic
4,600
9%
Oct
1
Stores Inc
Elec & Mus
3%
NOV
Range Since January 1
Highest
preferred
200
9%
25
161
124
Corp_..B
Ekco Products Co
10
5%
Bros
1,000
3%
6
10
Steel
Jan
Apr
41% May
4
197
13
Lowest
Manufacturing Co
23%
9%
34
Feb
Jun
333%
111
100
preferred
cum
52%
13%
3%
116
8
B
Eastman Kodak Co— -■>,
Common
20%
104%
Stainless
38%
33/4
118
Feb
STOCK
Eastern
*2%
10%
9%
pfd
lagle-PIcher Co
Eastern Airlines Inc
192%
18 3%
33%
108% Mar
Deo
July
Par
38%
55%
footnotes
1st
3
May 27
1243/4 Jan
EXCHANGE
8,200
45%"",
53
*105
Nov
111%
15%
129% Aug
107% Aug
173
No par
series
15
106%
16%
103% May 28
20
No par
DWG
38
10
*68
St Co
series
2,900
19
.20%
547a
33
*3%
For
(EI)
$4.50
19
10% May 19
25% Apr 15
1
No par
Nemours
Jun
Jun
Mar
63%
7
Oct
163/4
*105
Jan
42% July 24
114% Feb 14
15
12
34
76
37% Aug 20
10
*143/4
106
48
37% May
293/4 Feb
Sep
Dec
19
*15%
*33
Sep
Nov
Oct
Oct
15
*105
48%
25 %
x23%
Feb
91
38
27a
17
12%
8
Jan
10
34
19
12%
165
12%
62 3/4
54% Apr
Apr
Aug
39% July 25
21% Jun 18
30
17
*16
Apr
98 % Feb
Bharee
24%
.
*17%
55
July
52
22'A Jan
13
53
53
30
Nov
Jun
13
153
18%
Nov
May 19
May 16
137a
*149
15274
143A
28 %
50
34%
91
3874
♦38
*2%
165
*108
553/a
•
,
20%
104%
*108
55 74
133/4
192%
16%
57a
5574
,,•45%
1047a
1087a
57a
553/*
133/4
2
Aug 20
50%
Oct
50o
Preferred
Silw fnr
u
*52
167a
55V»
133/4
*38
1087a
1674
*5 7a
56
133/4
16 7*
1087a
109
5 74
553/4
20.
*20 7a
ya
104
167a
45%
♦190
21
103
CLOSED
24%
t,i8%
„•,!
■•fr.
'a
18% Jan
39
Oct
Sep
100
the Week
I per thare
247a
1874
♦102
167*
Prld*y
Aug. 22
25%
■
192%
-*190
Aug. 21
20%
197a,
21%;
Thursday
Aug. 20
I perthare
16%
34%
42
STOCKS
Wednesday
Aug. 19
13
24 ' Aug
39% May
conv preferred
International
LOW AND HIGH SALE PRICES
Saturday
25
Sep
14
Preferred
600
17
Jan
24% Feb
Oct
23%
111
de
P
,Jan
50
2
15%
I
No par
'
112%
15%
A
47
2
45% May 27
15
Duplan Corp
200
107
series
15
Jan
2
Jan
317a Feb
Industries
33/4%
190 y*
129%
106 3/4
(new)
22
283/4 May 19
16% May 14
No par
No pa*
Co.
preferred
Dunhill
12%
*128%
t
$4
953/4
12%
129%
189%
Chemical
Dresser
*95 %
106%
191
Dow
3,900
29%
190
Mines Ltd
23 V* Aug 22
49
May 22
25% Apr
7
8
Douglas Aircraft
200
106%
129%
107
Dome
7
11% May 19
No par
Corp
135/8 July
25
2
No par
No par
A
2,300
19%
57
38%
112
*95%
30
193/4
563/4
37%
113
17%
953/4
12%
19%
Class
Pepper Co
Doehler-Jarvis
13
18
2
common
Jan
43% Jan
No par
29
Dr.
2,500
*128 3/4
1903/4
♦1283/4
*1063/4
♦15%
20%
60
Co
:■
35% Apr
12.60
Corp-Seagrams Ltd
*37%
53%
Aug "*4
17
May 19
207a May 14
B
200
Devoe
15%
38%
EXCHANGE
1
De Vilblss Co
19%
19%
_
Dec
19
20%
563/4
—
19%
Diamond
400
28
Deo
200
30%
39 % July
167a
40%
36
Apr
253/4 May 19
1
15%
•
Jan
77
15%
30%
16%
,
28
19
36%
Oct
10% May 19
17% Jan
3
Co
46
35%
6%
...
Detroit-Michigan Stove
Steel Corp
Detroit
*18%
*193/4
S
143/4 Mar 24
Oct
♦45
30%
10% Feb
Oct
Xl5
37
Jan
60
19
20%
July
50%
23
1,400
1,600
42 7*
Sep
277a Mar 25
15%
46
Jun
Oct
257*
60
24%
*39%
58%
333/4
8
387* Feb
59
15
57%
8TOCK
6 3/4 May 19
3174
20
45% Mar
9
213/4 July 25
*18%
*1113/4
•
Dec
34% Jan
20
*45
20
'
May 17
323/a May 19
57b May 19
100
19
37
*
31
Detroit Hillsdale St 8 W RR
Co—100
15%
x30%
..
Dec
RR
Detroit Edison
•
37
.
22%
100
45%
*53
.
Apr
NOV
50
West
19
..
34%
17
100
com
15%
I per thare
NOV
11
367s July 21
4374 July 28
....
1,400
11%
37
12%
25%
1674
20% Feb
8
par
tin
Preferred
37
11%
37
12%
♦17%
11
8
Aug
1
Delaware & Hudson
Delaware Lack St Western
3,700
12%
18
2JVa Feb
123/a Aug
50o
„
8
6
July
May
33
Inc
ftCn
Denver
12
37%
25%
Records
18
13
1013/4 July 29
101% July 24
July 31
133/a Aug 19
50c
Deep Rock Oil Corp
40%
37 %
12
101
35
37%
37%
1007a July 31
100
Feb
20
X30% May 13
100
13%
41
Apr 25
143/4 May 20
16% Jan 16
series A
35
*34
91
3.75% series B
Rubber Co
Dayton
403/4
11%
3.75%
Preferred
1,800
37%
373/4
*17%
Preferred
150
«
403/4
37%
233/4
2,000
101
101
38
*11%
*57
13%
31%
101
Corp
Cum pfd 3%% series A
100
Davega Stores Corp N Y
8
Davison Chemical Corp (The)
1
Dayton Power & Light Co. (The) .,-7
1,400
403/4
8
8%
13%
13
10
100
21%
♦100%
13W^'T3%
413/4
96
31%
101
♦too'/a
Dana
2,400
.
.17
21%
313/4
101%
101
13%
133/4
21
333/4
8%
.34
♦95
41%
13
'33%
Oct
46%
105
70% May
Jun
115
33%
Oct
57
Apr
16%
,
Sep
Sep
20%
Jun
20% Oct
Jan
29
Jun
11 y4
Jan
21%
Feb
12 y4
Oct
23% May
Number 4623
Volume 166
THE
COMMERCIAL
FINANCIAL
&
CHRONICLE
LOW AND HIGH BALK
PRICES
Monday
Saturday
I per
Tuesday
Aug. 18
Aug. 16
$ per
share
79
*106%
♦107
107%
25 V4
25%
*25%
78
107%
25
*79
78
1073/4 108%
25
24 %
26
*25%
♦25%
26
I per share
137/a
14
13%
133/4
41 .y»
40%
403/4
13%
13%
23 y4
23%
24%
23
94%
94 %
.95
25
*25 5/s
26
*25%
133/4
13%
♦131/4
13%
40 ya
401/4
403/4
2,600
13%
~
133/g
23%
♦94
*13
10
*9%
93/4
8%
9%
*9%
20
*143/4
14%
15
*143/4
173%
17%
173/4
17%
*17%
20
193/4
"
*108
115
*105
*105
109
55%
57%
17%
173/4
*17%
18
103/8
103/a
183%
13
13
123/4
123/4
11%
11%
11%
11%
80%
81
81
80%
'
41
♦39%
27%
*39%
156%
36%
'
361%
102%
50
60
128
106%
600
11%
11%
11% '
80
80
*80
41
41
41
26%4
27
27
1561%
*154
156
*154
100
800
*
102%
39%
,
39%
1023/4
1023/4
12%
*12%
*12
♦102%
123/4
49%
50%
50%
503/a
103
50
700
*491/4
130%
*129
131
*129
115%
♦110
118
*110
118
59
59%
90
k
59%
58%
*127 a/8
1063/4
106%
xl5%
l57/a
15%
15%
15%
15%
16
18%
18
18%
18%
18%
18%
18%
3
*3
3%
*130
132
*130
132
5
5
59%
900
1063/4
1,100
1,100
3,000
Gdn
Outdoor
Oen
3V8
600
'ien
14 '/a
7,500
*3
14 Ya
*241/4
*103
243/4
24%
104
260
31%
1,100
243/4
*241/4
243/4
*103
243/4
24%
243/4
301/4
115%
31%
;■
25
104%
♦103
104%
30y4
115%
31%
104
104
*103%
400
25
20
24
900
104
70
*1033/4
104
92%
93%
91%
93%
10
273/a
27
27 y2
26%
271/4
6,200
103%
*101
103%
*1011%
1031/4
*101%
'
23
241/4
23
24
97%
97%
97%
98
45%
46
46
46%
453/4
453/4
46%
58%
*57 y4
58%
*56%
*57%
*6%
♦117
29
51
51%
♦103
104%
45%
♦106 y8
107%
44%
106 ya
19
106y8
18%
18%
,
3%
4
4
63/a
6%
♦33%
34%
18 %
18%
106%
*106
4
106 Va
18%
-18%
28%
28%
900
;
6,400
513/4
51
44%
441/4
1061/8
*1061/4
107
200
i7%
*17%
18
500
3%
105
.
44%
6,500
3%
4
61/4
4
4,300
6%
'
*6
6%
.
V
6%
*6
33%
33%
18 3/8
-18%
6%
18%
33%
34
34
18 %
181/4
18%
31".
*1051%
106 '
30%
106:
:
121/4
121/4
34y4
341/4 /'
12%
106
3iy4
30%
30%
311/4;
30%
*105%
12
*113/4
12
35
*33%
14%
*14
14%
14%
*33
35%
41%
35%
35% "
-
14%
14%
14%-
42%
40%
23%
22%
♦158 »/2
160
*158
63
63
14%-
4iy8
40%
41
23
22%
23
.
15%
•"14%
14%
.
f
■/.
....
'
.
43 'i
41%
23
.
'
*158%
.
231/4
160
*21
.?
♦158%
/
160'
*34
*
16%
16%
*62 '
34%
34
*16%
35
341/4
63 '.'
17%
34%
16%
40%
41%
23%
'
800
100
2,800
4,600
24
'
i
3434
16%
63
♦62
63
Apr
Sep
16%
Apr
90% Aug
47% Aug
11
6%
74%
Deo
13
X35%
Sep
8
27%
160
Jan
7
Oct
Oct
182
Apr
Feb
Feb
Jun
•
47% Feo
11
33%
Deo
1
39%
Oct
66 Va
Aug 21
16% Mar
3
♦17
Jun
25
126
Deo
135%
Jan
Feb
6
114
Sep
123
Jan
65% Feb
11
54% July 11
8
51% Jan
3
*122
l
129
2
Feb
Feb
80%
Oct
47%
124% Nov
Mar 25
132
101%
106% Aug 14
103
Dec
29
Apr
40%
Jan
13% May 20
19% Jan
6
16
Dec
Nov
17
26
Feb
8
21%
Nov
$%%
Glmbel
Oo
preferred
Goebel Brewing Oo
Gold A Stock Telegraph Co
Goodall-Sanford
Goodrich Co
Union
5
06
Oot
22%
Jan
102%
Deo
108
100
Oct
Oct
106
36%
53
Deo
68
30
Feb
103
Jan
6
49% Jan
2
57% Jan 24
7
Jun
5
106
109
Aug
4
105%
1,500
Grefen
(H L)
600
100
PR
Jan
10
19%
Oct
5%
Oct
Jan
25
Jun
2
5.
31
,
253/4 May 28
8% Mar 27
41
Jan
30% Mar
2
Jan
113%
Jan
43
.
Feb
16
Jan
12%
Jan
64% May
Oct
27 %
Feb
28
10
Nov
40 Va
Jun
2
14% Feb
10
12% Deo
13%
Feb
Dec
31
Mar 28
87% Feb
18
33%
Deo
35
Dec
13
Apr
15% Aug 22
13%
Deo
21
Feb
Jun
102
May 10
107
Nov
101
5
Mar
'
9
May
18
34% May 21
22 Ve Jun
.*
142% May 22
59.
May 12
40%
Oct
64
5
33% July 16
16% May 21
27% Mar
163% Jan
70
112
3
*49% Feb
25
;—1
Co Inc new
Apr
12%
18% July 24
S3
Apr
Mar
77
Nov
6%
5% Feb
Tap & Die Corp ..No par
Greenfield
88%
107
Sep
24
"12% May 19
No par
8
—.100
West
NOV
"
100
A
NQV
4
Mar
May 19
6
Great Northern Ry 6 % pfd—No par
/Great Western Sugar—.
No par
Bay
Jan
Jan
13% May 13
: 3% preferred
Grayson-Robinson Stores Ino
1
$2.25 cum. conv. pfd
No par
Great Nor Iron Ore Prop—No par
Green
8%
47% May
100% Sep
50% NOV
July 23
61% Feb 21
3.
Apr
Jan
May
66 %
161%
27
15
11
106
9
Apr
May
NOV
116
50%
Feb
71% Feb
33
Sep
42%
5% NOV
6
7
6
Mar
Feb
May 14
104 %
7
123% Apr
13
49'
No par
Co
Feb
Mar 31
105% Jan 20
22
.
City Steel
(W T) Oo
118
32
23
41 % Jun
Jan
32% NOV
May 19
*102
Feb
Jun
Apr
46%
102% Sep
51% May 6
5% May 21
10
111
98
17% May 19
96ya July 15
No par
Oct
Oct
11
May 19
104% Jun
24%
105
22
92 Mi Aug 20
100
July
49% May
Jan
23 %
34
Jun
132
NOV
1
Apr 15
108
Jun
47
Oct
32
40% Feb
13
103
Jan
101
2
J?eo
Apr
Feb
Jun
60
2iy8 May 27
101 y4 Jun
Goodyear Tire A Rubber
No par
$5 convertible preferred—No par
Gotham Hosiery.
No par
Graham-Paige
Motors
1
Granby Consol MSA P
6
Grand
20
35% Jan
30
No par
com
9
11%
Oct
137
May
26 Va
Oct
Oct
106
50
1
Inc
(B F)
preferred
4%
20%
14
6
conv
«
28
No par
No par
(The)
26
19% Apr
.100
preferred
Feb
6% Feb
Jan
7%
Oct
2%
283/4 Aug 20
36% Jan 23
124% Jan 29
140
103 y4 Jan
No par
-JNopar
Brothers
$4.50
Qlldden
Jun
30
100
...
31
26
May 27
101% Apr 19
5
Safety Razor
conv
preferred
Jan
3% May 17
18% May 19
100
preferred
preferred
May 19
133
1
Preferred
17%
.
64% Aug
42
131 % Feb
Jun
125% May
xl01%Jan
3
52
103
43
May 19
126% Mar 14
Apr
40%
39% Feb
May 19
110
156
*8% Jan
May 19
38% July 29
1013/4 July 30
Instrument Corp_No par
_20
•
35%
343/4
17%
3,400
159%
♦158
159%
*34
16%
28%
22 %
NOV
34%
Jan
188%
Apr
•
"
*62
63
*62
Corp
Granite
*
;
Apr
Not
Feb
10c
preferred
1,500
106
•
May 19
13
9
150
Grant
140
106
113/4
*33%
12
11%
311/4
*105%
106
106
•
12%
♦30%
*
18% Jan
14% Feb
Deo
No par
2,800
.
'
303/4
300
v,
700
33%
-181/2
34
34
18%
*6
16
200
*170
July ,1
48
$5
*103%
173/a „
3%
3%
120
1043/4
44 %
45
2,200
.
Apr
185
23% May
4%%
6%
6%
513/4
2,000
58
*117
28
50%
*103
104%
44%
45
6 3/8
28
513/4
51%
♦103
*561%
120
600
461/4
14%
Oct
Gillette
6,700
100
461/4
58
*116
28%
28%
51%
46%
Apr
Sep
NOV
$5
23 3/8
*973/4
100/
6 3/8
6%
23%
231/4
*973/4
120
*117
104%
45 y4
23%
100
X6%
6%
120
29
28%
23
♦973/4
71%
10%
17
14%
4V*%
92%
103%
Sep
13% Feb
5
46
24%
4Vi%
27
*102
68% Jan $1
8
General Tire & Rubber Oo
93%
*91%
Dec
Dec
6
Gen Time
104
24
24%
21% July
109
104
33
Gen Steel Cast $6 preferred—No par
General
Telephone Corp
20
104
104
24%
141% May
Deo
w
Jau
8
Shoe
30%
115%
Nov
Jan
13%
4% Feb
General
301/4
313/4
16
76
Aug 21
31% Feb
1,300
132
1153,4
Jan
67% May
24
May
83% July 16
No par
Refractories
31
Dec
4
16% Jan
General
32
36
May
19
3,000
115%
17
11 5/b May 19
1,600
30%
Deo
7%
5
4%
313/4
29%
loo
28%
115
Sep
109
32
Jfo par
Service
281/4
31%
Jan
NOV
No par
100
Public
*4%
32
Apr
14%
17
3
May 19
2% May 16
4%
*130
Jan
26
10
common—No par
28%
132
11%
21
Gen
27%
18 %
Adv
Oct
Sep
7
18%
Gen
200
28
.
27%
♦
series.
15% May
10% Sep
2
151% Feb 21
Jfopar
$3.75
273/4
*130
*271/4
*92%
51i/a
27% May
24
10
preferred
283/4
115%
13%
28
27%
x28%
Jan
Apr 28
37% May 16
100
Precislcfa Equip Corp
$5
Preferred
17
Jan
15% July 28
71
No par
100
General Motors Corp
93%
*103
99
20% Aug 21
17
Mar
8
1
preferred
oonv
27%
32
6 3/4
July
118
Mar 12
11% Jun
No par
preferred
28%
31%
120
168
No par
1281%
26%
6%
Jun
Sep
Apr
43% Feb
May 17
preferred
59%
*92%
*117
10
No par
106%
3 Va
14
*27%
132
*130
115%
58%
Apr
;
4%
*1033/4
*571/4
Co
4%
24%
233/4
48
_No par
4%
1031/4
48
112
100
19% Feb 28
0% Feb
8
May 21
6
47/a
104
Nov
2
*17% Feb
10'/e May 19
$
Transportation
Electric
$%%
22,500
85
105
Fubllo Utilities Corp
Railway Signal
9%
preferred
Gen Realty A Utilities
25
*101
1.86%
10
100
273/4
24%
Nov
18
Jan
2l
26% Aug
4
14% May 21
1
43/4
1041/4
16
28%
Jan
9% July 23
50
preferred
♦127%
106%
*3
3%
14%
27%
321/4
Jon
17% Feb
4% July 22
Corp
|
General Cable Corp
No par
4%
1st preferred
100
4% conv 2nd preferred
50
General Cigar Ino
—.No par
1%
preferred
100
9%
200
16
18%
59%
128
10
12
14% May 17
General Instrument Corp
General Mills common
1,000
131
115
18% Jun
Bronze
$3.50
300
49%
*129
129%
117
127%
31%
Feb
Jan
61
39
12% May 24
General Foods Corp
4,800
123/4
127%
116
28
35%
Sep
22
No par
1
Co
preferred
General
13,800
103
12%
106%
273/4
Sep
Sep
45%
15
103% Mar 10
No par
Baking
General
630
-v
(The)
Industries Ine
Amur
$0
5,500
81
■
39"%
14
104
30
39%
27%
*24%
182
40%
14%
*241/4
General
37% '
28
♦103
1,600
36%
14
321/4
10%
37
28
31%
10%
36%
14'/4
115
103/a
263/4
29
27%
Gen
127%
3%
3
14
2,200
102
9% Jun
preferred
57
1841/2
Co
oonv
56%
106%
18%
♦28%
•%%
561%
*1061/4
16
18'A
16
5% May 17
20
preferred
Container Corp...
$4.60
127%
16
12% Jun
„1
Gen Amer Investors
109
♦40
1023/4
59
59%
25%
20%
26% Jan
22% Aug
7
93% Jun 27
common.
'
123/4
♦115%
106%
49%
25% Jan 1 6
50% Feb 10
100
oonv
Qayiord
20
13
27
39%
129
1283/4
117
127%
♦1051/4
4%%
2,500
,
12%
36%
50 3/8
501/8
.128%
•115'/a
Nov
23% May 23
12 % May 20
36% May 19
10
preferred
Gar Wood
17,500
14%
11%
41
363/a
*12
12%
Sep
19%
July 24
29V# Feb 13
25
(Robert)
Gardner-Denver
100
v
201/4
131/4
"
*153% 156%
36%
39%
38%
103
12
'
119%
143/b
(The)
Ine
Game wen
2,800
27
19%
Oo
Oo
_..
•
39%
383/4
*1023/4
;
5%
♦115
147/8
Oab»1et
Qair
600
'
13%
80%
27
156 y2
20 V'4
109
♦182
11%
*39%
27%
*1531/4
37,
71
7
9 per share
110
19 y4 May 17
-No par
preferred
800
400
.
10%
13
80%
41
*27
27%
*1531/4
4
•
10
Sugar Co
Mm
56%
183%
13
27
118
♦105
10%
11%
271%
*14%
563,4
10%
184 %
5
19%
118
20
20
5%
*263/4
;
14%
56%
!
5
109
184%
1
102% Jun
Highest
• per share
04% Jan
'
143/4
19%
10%
-
700
11,500
*14%-
120
1841/2
10 »/4
*182
9%
9%
9%
14%
27%
*105
109
561/4
57
100
Lowest
9 per share
69% May 17
Froedert Grain A Malting Co Ino_l
Fruehauf Trailer Co common:
1
9%
9%
9%
143/4
14%
14%
9%
-
■
17%
♦108
14%
9
20
19
112
15%
40
15%
*26%
19
14%
4,100
'
19%
5%
18
17%
CLOSED
27%
9%
•»
193/4
5
18
♦104
EXCHANGE
5%
*26%
27%
•27
'
STOCK
5
5'A
300
231/4
♦94
■■
9%
14%
5
Francisco
13%
23
951/2
I per share
10
.
Freeport Sulphur Co
95i/a
231/4
10
9
20 Va
2oy8
1,700
26
13%
223/8
Corp
Year 1946
Highest
'
93/4
9%
9
13%
25i%
*94%
95
•
*
25
Machinery
3%% cum conv pfd
Foster-Wheeler Corp
6% prior preferred
700
40%
14
40 ya
23 y4
95
390
108
*24%
26
40%
13 ya
Food
Range for Previoos
Range Since January 1
Lowest
Far
500
24 Va
♦133/4
40%
♦13
108
STOCK
EXCHANGE
Shares
791/a*
79
108
108
.
I ver share
79
NEW YORK
thsWeek
Aug. 22
• per share
;78%
78%
79
Bale* for
Friday
Thursday
Aug. 21
Aug. 20
.titer share
shcrm
STOCKS
Wednesday
Aug. 19
158
27
Feb
V.
5
35% Aug 22
21 Va Mar
5
Oct
55
Oct
20% Deo
79
Feb
20%
Dec
'
Greyhound Corp (The)
10%
104%
24%
10%
10%
104%
25%
*104
23%
67/a
6Va
90
10%
104%
*90
*104
12%
12%
*41V2
43%
*41%
6%
6%
*90
*41
12%
12
42%
12%
43%
*23%
93
*90
12%
10%
♦104
24 %'
6%
67/a
93
12%
10%
104%
23%
24
6%
„•
90
10%
,:
♦41
10 Vs
10%
*
104%
24%
,
6%
104 V8
24
6%
*6%
93
12%
42%
12%
12
42
42
27,000
120
1,400
24
*90
93
:
10%
104 Va
"
1,400
100
9,400
No
New
preferred
$5
72%
72
72%
71%
72%
71
71%
71
71%
4,500
15%
15%
15%
15 %
15%
15%
15%
15%
15%
5,600
Gulf States Utilities Co
Corp—
Aug. 16
Aug. 18
.
t
t per share
Aug. 20
,,Aug. 19
,
9 per share
I per share
9 per share
t per share
NEW YORK
Sales for
Friday
Aug. 22
Thursday
Aug. 21
Wednesday
Tuesday
.
May 17
6% May 19
10% July 11
105% 76b 27
102%
Oct
27% Feb
3
23%
Deo
52%
Apr
Apr
8% Jan
10
6%
Oct
13%
Jan
93
30 V4
Jan
Oct
78%
Sep
78
Jan
May
49
July 22
74
Aug
56%
15
Aug
6
9 per share
Jan
Sep
313/8 May 21
No par
108
9%
31%
14
111
3
57% Apr
5
15% Aug 22
Range for Previous
Year 1946
Range Since January 1
Highest
STOCK
Lowest
Lewest
EXCHANGE
the Week
Nov
80
July 16
14% Feb
8TOCKS
LOW AND HIGH SALE PRICES
Monday
78
25
15%
Saturday
4% May 14
No
72%
Oil
6
May 27
17
No par
preferred
Gulf
July 29
100% Jun
Aircraft Corp..
Gulf Mobile A Ohio RR
100
9
par
100
—1
Guantanamo Sugar common
1
$8 conv preferred
No par
4Vt%
Grumman
f per share
fir
Shares
# per share
9 per share
Highest
9 per share
H
*34
35%
♦34
351/4
♦341/4
*161/8
16 «/4
16
16%
15%
♦153/4
16
15%
*101%
103
*101%
103
*101%
*106
107
*106
107
106%
24
24
16
I534
35%
*341/4
16
16
15%
153/4
35%
35%
35%
16
16%
17
16
*15
153/4
241/4
103
*105%
1063/4
24%
24%
♦150
153
33%
♦150
*33%
333/4
7%
7s/8
7%
153
153
*150
34%
34
34%
*150
*7%
7%
*33%
7%
50
101%
*10iy2
106%
243/a
24
400
101%
*1053/4
103
1063/4
160
241/4
1,500
*
23%
100
1,000
152%
34
241/4
33%
*7%
73/4
7%
33%
600
7%
600
20
881/4
881/4
88%
88%
*89%
EXCHANGE
73/4
7%
*7%
7%
7%
75/a
7%
7%
7'/4
7%
1,200
CLOSED
6%
6%
6%
6%
*6 S/8
6%
7
71%
2,800
27%
27%
25
25
STOCK
*881/4
90
271/4
271/4
25
25
♦100
100%
*100
*39%
41
*39%
107%
♦1071/4
107%
100%
57%
19
55
55%
1281/2
,
*132%
133%
100%
100%
128%
1001/4
54%
133%
1001/4
551/4
*132
1293/4
130
128
22
♦22
22
23
Xl2'/a
12%
*29i/4
29%
; 12
291/4
543/4
100%
39%
*393/8
403/4
200
107%
*107%
107%
270
58%
400
54
*132%
58%
58
193/4
54
147
147
148
..
133%
20
19%
200
53%
53%
1,400
*132%
133%
*18%
50
*281%
103
IO0I/2
107
115
1,000
130
.
12
121/4
Hazel-Atlas Glass Co
Hecht Co
10
*183/4
V 132
.132%
101% lOli/a
291/4
500
500
58
19
55
19
273/4
251/s
♦145%
129
130
129
130
310
23
22
22
12
11%
29%
*28%
12
29%
*211/4
22%
12
12
*28%
200
1,700
Helme
7%
*27
28%
281/4
28i/4
*27%
29
*27%
29%
25%
*24%
25'/4
24
243/4
'243/4
25
*243/4
251/2
2,000
Powder
Hercules
preferred
Chocolate
$4 conv preferred
5%
Herthey
Hilton Hotels Corp
The
Holland Furnace (Del)
(C
Co
18
*17'/4
18
17 y4
17 y4
*16%
17%
♦17
17%
100
Hollander
18 S/8
19
*18%
191/4
*18%
18%
*18%
19%
400
Holly
46%
47
46%
47
45%
46%
451/4
45%
44%
45%
4,100
173/4
17%
17%
17%
17
173/8
17
17
50
50
16%
17%
'
*32
1031/4
-
*48
50%
32 s/8
103%
1
*32
'1031/4
50%
*48
50 y2
♦49
...
503/4
"
32%
32
103%
103
32
.
1031/4
311/4
103
311/4
103%
1,900
160
313/4
800
103r/2,;l03%
530
*31%;
Inc
Hewitt-Robins
19
"♦48
Jan
25% Aug
Jan
39% Jan
6
33
6% May 19
10 V4 Feb
3
% Aug 20
6
May 19
4% May 19
100% Apr
May 27
Apr
15
108
17
2
25% May 16
25
19
A
E)
Sons
(A)
Sugar Corp
Homestake
Mining
Houdaille-Hershey
$2.25
com
60
preferred
Household
Finance
nreferred
100
No par
No par
8
——5
10
1
5
.~5
No par
12.50
No par
com
No par
106
July 25
88
22
100
35
106
119
30
105%
Jan
109%
5
27
20 V« Sep
151% Nov
i
|
60% May
I
8
Oct
16%
Jan
7
99
Sep
106 Va
Jan
,
Feb
8
8
20%
Apr
!
8% Feb
11
15%
Jan
36
Dec
51
May
12
35% Jan
8
2
14
May 16
42% Feb
13
108
11
10% Jun
23
26
Jun
11
22% Apr
17
21% May 20
14% May 28
May 19
35% Jan
23
13% May
19
46Va Apr
15
28% Jan
11
97 Va May 26
Deo
Dec
103
109% Mar
{
Dec
1
44
105 y4
Dec
Jan
Aug
Oct
169%
Dec
192
17 V4
Nov
38%
Jan
Feb
5
46%
Sep
72 V4
Apr
51% May 19
131% Jan 10
17
Nov
41%
8
63
20% Jun
28% Nov
101
22 % Feb
68
119% Jun
July 14
Nov
5% Nov
29% Oct
170
90
165
May 21
Apr
Nov
30% Jan
Mar 31
;
Aug
3
17
Oct
34% May
160
Aug 22
14% May 17
74
103
103% Apr
Jan
527/s July
"
Jan
13
May 21
147
Jfo par
No par
Motors
19
'■
W)
(G
non-cum
Hercules
Hires
281%
-i
28% May 19
——100
25
100
25
preferred
100
Hinde A Dauch Paper Co
25
*17'/4
;
100
*27
Apr
19% Apr
preferred
Heinz (H J) Co
3.65% cum preferred
3%%
29%
100
4
155
*107 y4
57%
148
;
Feb
39
112
100
10
1
100
1
preferred
Hart, Schaffner A Marx
Hat Oorp of Amer class A
4%% preferred
Hayes Industries Inc
Hayes Mfg Corp
39%
107%
Jan
98
1001/4
*27%
Aug
26 Va
104
preferred
conv
25%
27%
24
Oct
30
100
4%
100y4
*25
Oct
17%
16
Jun
14% May 27
(M A) Co $4.25 pfd—No par
Harbison-Walk
Refrac
No par
25%
27%
25%
39%
*144
7
90
NOV
15
22
Apr
14
Banna
I
35
4
Jan
33
5
No par
Hamilton Watch Oo
40 Va May
11
19 y4 Feb
19
21
Water—
Printing Oo
(WF)
*1001/4
21°/a
107%
58
6%
IOOI/2
39%
107%
148
19
20 y4
273/8
*247/a
*100
41
*57
148
*19
90
*142
58%
58%
*142
*22
.*881/4
Hall
•%
152%
*150
Hackeniack
Jan
29
Jan 22
61
.
134
Mar 21
130
Jan
139
Apr
115
Aug 22
Jan 30
76
Sep
106
May
123
Nov
146%
!
132
4
13% July 3
32
Feb 10
29
Jan 29
29% Jan
31% Jan
2
19% July 17
Jan 25
25
13
19% Feb
1
48
Jun
66
Feb
34 y4
22
26
Oct
NOV
Jan
39% May
X43
May
Apr
Sep
41%
22%
Oct
37%
18
Dec
40
22
Sep
34 V4 May
34%
Sep
66
21%
May
Jan
Feb
12%
Oct
28%
21
46
NOV
62%
Apr
Sep
35%
Jun
July 10
27
99%
Dee
111%
Jun
103% Jan
20
'
18
THE
(770).
COMMERCIAL
NEW
&
FINANCIAL
YORK
STOCK
CHRONICLE
RECORD
LOW AND HIGH BALK PRICES
Tuesday
Monday
P*tar6»:r
9 per share
23%
36%
*4
I popthare
43 Va
43 Va
*43 Va
23%
24 %
23%
23%
*22»/a
23%
*23
24
36%
36 Va
*35%
35%
44
23%
23%
23 Va
23 Va
Vi
36%
36
3%
22 Va
35%
4%
9
8%
23♦
36%
4%
4%
.
9
*9
*4
f per thare
23%
9V4
17%
38
37%
37%
37%
37 Va
37 Va
37%
17%
17 Va
17%
17%
17%
17%
17%
17 %
17%
21
21
21
21
21
X21
CLOSED
4Va
47/a
4%
4%
4Va
Hudson
300
9%
*8Va
38
17%
EXCHANGB
1,500
„
5%
8,800
20%
20%
20%
20%
800
4Va
4 Va
4%
4%
1,900
4%
37 Va
*36
27
27%
26
59
59
96%
9%
37
37
9%
26 Va
26%
26%
58
58
59
59
16%
26
42
23
Hunt
Foods
Inc-i—
Hupp Corp
9%
59
600
6%
130
Leased
96%
23 Va
23
23
9 Va
9 Va
9%
26 Va
.
26 Va
26%
9
,
500
16%
16%
16%
41 Va
42
*16%
41%
16%
43
121
*118
121
118
118
114
115
115
115
177
*175
177
♦175
177
175
175
*175
177
36%
36%
36%
36%
35%
35%
36
17 Va
16%
36%
17%
17 Va
16%
17
16%
17
17
"
7%
♦7
44
44
108
*107
437/a
♦
*7
7%
107
3 Va
87%
86%
182%
*181
182%
7 Va
29
29 Va
*87
28%
'
293%
x29
134%
*134
29%
29
28%
88
29%
134
49%
106 3/4
111
13%
*110
54%
58
*35
110
54%
43%
43%
58
57%
58
58
58%
57
*35
*35
36%
11 S/8
11%
11%
*11%
*22%
26%
26%
*26
483/4
48%
48%
49
8%
8%
42 Va
*118
29 Va
29%
42%
11%
11%
22%
*22
23
263/4
*26
*155
8%
49
158
155
8%
8%
Jacobs
(P L)
Jaeger
Machine
48%
Jersey Ceht Pw & Lt 4%
48%
1,000
Jewel
Tea
43%
2,400
Johns
Manville
43
119
43
*118%
30%
111%
HI Va
♦109%
111%
*109%
149
*125
149
38%
*15%
38%
38
16
15%
♦106%
107%
107%
22%
23%
22%
52
52
52
33
32%
33
♦96
38%
38%
111%
4%
"33%
38
33%
*95%
38%
5,000
97
36%
38%
♦15%
107%
16
*15%
*106%
52
107%
22%
23
22%
*51%
*106
53
52
15%
15%
15%
15%
15%
23%
16
*22%
22%
22%
22%
22
,16
15%
107%
22%
15%
*106
22 Va
52
22
*52
16
Va
500
16%
*23%
19%
3,000
19 Va
19%
19%
19
45 Va
45 Va
19%
45%
45%
45%
46
46%
45%
24%
*44
45 Va
45
'*14%
*77%
34
15%
79
102%
38%
*77%
49%
34'/a
102%.
♦44
45%
*44
24%
24%
24%
24%
110%
15%
34%
*49%
45
24%
110
109%
109%
109%
15V4
♦15
15%
*15
1103/4
15%
*110
2
Mar 21
7
:
15 Va
225
Feb
105
11
Vb Feb
Aug
53/4
10%
July 24
195
13
112
Deo
13%
Oct
Feb
20% Feb
Jan
250
Jun
Jan
13
66%
Nor
102
Jun
21
186% Jun
12
1753/4
Deo
202
10& Feb
Apr
11
6%
Oct
95
July 14
31
Jun
96
15%
Apr
20
27
Sep
45
Jun
Jan
29
90 Va
Deo
101
Aug
5% Feb
8
4%
Oct
36% Feb
136 Va Apr
8
2
381/2
Aug
Sep
148
53% Jan
3
107
Aug 20
95%
Oct
113
16
Feb
18
11%
Nor
116
Feb
20
IOIV4
Sep
583/4 Feb
5
52%
Jun
"
28Va
62
July 31
39%
40
Feb
37
17% Feb
11
17% Feb
20
May 17
261/2 Aug
19
May 20
6 % Jun
50
lo
11
37
Jun
Aug 22
158
Aug 11
13 V4 Feb
Jan
53
2
2
451/4 July 25
1233/4 Feb
6
341/2 July 28
112
Jan 11
May 19
253/4 May 19
100
107
May 15
27%
100
x93
May" 17
»' Feb
8
101% Feb
18
39
3
251/2 Jan
1
Jun
3
July
70% July
49%
Jan
60 Vb
Aug
42% Aug
31% Feb
Nor
Nor
31%
23%
Dec
50
Feb
Apr
34% July
20V4
Dec
39%
Deo
54
Aug
Dee
163
Jun
141
8%
100
Deo
24%
Dec
July
59% May
Sep
109
Jan
108
45% Nor
111
140
:-12'/a
26% May
14%
,
14
24% July 28
104% Feb
4
Feb
Aug
143/4
11
11
36
Feb
Deo
125
Dec
.
7
26% Feb
2
42%
55%
Sep
Oct
Nor
14
Apr
11% Feb
Oct
133
2
43% July 14
91/2 May 17
9% May 17
19
110
A
108
59
May 19
100
A
ser
May
May 19
.
9% May 19
35V» Nor
Jun
383/4 Aug 18
18%
22% Feb 10
17%
115%
Feb
Mar
99
Apr
May
31%
153
150
Nor
Feb
53%
Feb
Sep
108
Maf
Oct
34
Apr
*15%
79
79
79
80
34%
34%
34%
101 Va
1Q2%
38%
377/a
38
50
49
49%
497/a
X48%
49%
49%
49%
102 %
*102
102%
38%
'
38
*102
4%
Oct
36
May
40
Cum
2,200
Kresge
48%
49%
48%
48%
49%
50
pfd
4%
(S
41% May 17
par
par
39
Apr
900
40V4
Jun
67
Jun
Deo
26 Vb
16
1041/2 May 19
1
116Y4
113/4 May 20
65V2 Jun
_10
25
_100
20
R5
17
May 19
34 /■
Jan .16
45
Jun
3
40% Apr
Sep
34%
Jan
11%
Nov
30
Jan
Feb
13
7
Jan
"6
34% Aug 21
102% Aug 5
39'/a July 11
951/2 July 14
S)
19%
Feb
-
29
59
Feb
8
.7
Feb
.
2
521/2 Jan
49% Feb 13
273/4 Feb 13
15
22% Jan
Co,,,,,„—
^_10
Kress (S H) &
Co,—
—.No par
Kroger Co (The)
No par
1,100
Oct
Sep
15
173/4 Feb
2
par
183/4
45
20
100
:
11
13
26 Va Feb
No par
series
28 V2 Feb
5
58Va July 24
133/4 Jan
__
prior preferred
Koppers Co Inc
'
38
„
Co.,
May 17
1
cl A
$5
R)
108% Mar
47% May 19
133/4 May 19
20% May 17
,5
2nd preferred,
(G
4
26
16
100
.„
conv
Jun
1
Co
&
14
1053/4 Jun
No.par
preferred—,
,
Kinney
190
3,300
102%
37%
10
100
B
conv.
100
34%
Furn
___
240
80
34%
&
Kennecott Copper
No
Keystone Steel & Wire Co
No
Kimberly-Clark Corp
_^_No
100
16%
79
Stove
Feb
4
51% July 15
41
Sep
601/4
32%
Jan
55
21%
Nov
30 3/4
Dec
1081/2
108%
Apr
May
Aug
Dec
15%
Feb
29
Jun
82
Deo
100
Aug
Oct
46
Jun
Dec
101
26 %
96
"
!
Sep
Sep
45% May
62% May
43 Vb
Oct
65% May
33
Nov
43
LOW AND HIGH SAL* PRICES
Saturday
Monday
»
Aug. 1G
Aug. 18
I per thare
$ per thare
Tuesday
Wednesday
Aug. 19
Aug. 20
I per thare
$ per thare
Thursday
Aug. 21
Friday
Aug. 22
I per thare
STOCKS
Bales for
i
the Wetk
>
f per thare
NEW YORK
(
....
!
..
Sharu
5%
*11
5%
STOCK
43
*25%
*99
♦41%
26%
.♦25%
*99
11%
343/4
35
♦6Va
♦20
103/4
5%
2%
2%
40
19%
63/4
47%
6%
47%
47
47%
14
12%
20%
55 %
19%
13%
20%
53%
54%
52%
8 •%
8%
8%
8%
Va
33%
85
33%
85
*189
*38
42
54%
*52
*33%
33%
41
Va
o-*
52%
25
223%
101%
23
u100 Vb
13%
18%
21 %
18%
21
*167%
*24 3,i
167%
18%
*165%
168
24%
*24%
25
footnotes
see
page
45%
18%
45%
18%
166
<
.
421/4
<
10%
33%
'2%
53/4
2 Va
2%
500
5%
2%
40
*20
*19%
20
6%
*6 Vb
V
3,400!
.
1,700
1,000
63/4
8%
I'M
25
23
i
-
I
100
46%
463/4
2,400
13%
13 Vb
20%
20%
*20 V4
20%
1,500
53%
2,000
*53
53
8'/a
33%
85
Va
*189%
*39%
52%
51%
24%
100
4
68 Va
21%
18%
166
*24%
24%
45%
45%
68%
21%
18%
*166
*24%
46
53
8%
8%
8%
33%
33%
33%
85%
853/4
86
190
50
191
42
*40
52%
7,300.
800
.
513%
52%
2,300
513/4
51%
oUO
23%
*22%
100
*96%
13 Va
20%
24%
4,900
23
200
12%
69
13
20 Vb
20%
69%
3,400
21%
*20%
18%
18%
168
168
24%
*24 Va
46
46
23.
'
.
.
21,700
69
k
r
«<
7,100
21%
1,700
18%
3,000
168
60
24%
46%
50
Coal—__
.
Fink
25
__
preferred
1st
__i
pfd,
2nd
pfd,
(The)
'
Prod
No par
I per thare
Highest
$ per thare
May 15
21% May 19
97% Jun
13
No par
;
1
7
Feb
3
5%
Sep
14
Jan
9
44
Jan
31
14% Feb
8
13% Nov
11%
Deo
38
Feb
8
52
Dec
56%.Feb
13
49
Sep
3OV4 Feb
•'
Jan
14%
68
..
Oct
May
203/4
Sep
4
56
101
Apr
13
10% Nov
44 % Jan
9
34% Sep
8% Feb
7
102 3/4
82
Apr
Apr
2
12 Va Feb
10
4% May 17
1% May 19
V
9%
Sep
91/2 May 2o
30% Jun
3% Feb 11
61/2
2%
Sep
Oct
171/4 Jan
553/4 May
17% Jan
5%
Jan
493/4
14%
May719
5% Jun
17
38
Va May 19
253/4 Feb
~13
9% Feb
11
Jan
64
18%
Nov
387/b May
6% Oct
50% Feb 1Q
41%
Oct
Apr-
15% Apr
65%
Jun
'Corp,,
5
12
Aug 18
24
Jan
0
Corp,—1.
Owens i Ford GlasS
Libby McNeill & Libby
21%
Oct
No par
No par
33
17
May 17
46% May-21
25
Feb
8
21%
Nov
59% Feb
10
43
Nov
44% May
74% Jan
__7
8
May 16
29% Mar 15
11
Apr
3
10
Oct
35
Apr
3
28%
Oct
.,25
78
96% Jan
2
83
102
100
Sep
181
July 25
183
Dec
210% Mar
Stores
Savers
5
!
Lily Tulip Cup Corp,
__No
Lima Locomotive
Wks_„_—No
Belt
Co,,
i__/
Lion Oil'Co new,,—
Liquid Carbonic Corp
3%% preferred
!
*.
Lockheed Aircraft
Loews
;
19
38
___50
No par
Libbey
Lone
Corp,,;
!
Inc
Star Cement
Long Bell Lumber
Lorillard
(P)
Co
7%
Gas
Louisville
&
par
A
Nashville
33% May 27
191
Apr
Jan
May
433/4 July 17
37%
Dec
653/4
Apr
40
May 19
62% Feb
17
44
Nov
88
Jan
Apr
14
60% July 14
43
Oct
66
Feb
24% Aug 22
19% May 17
99% Jun
9
28V4 July 24
9
23%
Nov
43% Jan
4
99
No par
_ioo
l
No par
___No par
A
16
37%
47
10
El
Apr
15%
par
100
&
May 19
May
No par
No par
Corp_____No par
preferred
Louisville
1,100
RR
non-cum
&
Link
1,300
101%
Valley
:_10O
Co_J__ 10
Aug 8
May 20
49'% Jun
5
3
Cement,J
Preferred
;
24%
50
;
Corp
).
Liggett & Myers Tobacco,'
100
51%
Valley
10
.
&.Navigation
Portland
Lehman Corp
Life
42%
25
50c
Lerner
t
Coal
27
No par
-__J„—J
_
Lowest
$ per thare
4% May 19
103% July ,30
No par
preferred
Year 1946
'Highest
/
(The)
non-cum
Lehn
1,000
189V4
"
Co
Non-cum
$3
•
3,400
23
100 Va
,
1,000
13%
///.
■
I per share
Light Co
i
___4
pfd
75 Pesos Mex
Bryant
Lehigh
Lehigh
Lehigh
Lehigh
•
1,400
46%
L
Lowest
■
Par
Lee Rubber & Tire
Lees (James) & Sons Co,—
<3.85% bum preferred—^/
t.
40
19%
*6 Va
100
13%
53%
Lane
i
<
10%
5%
''//:
Lambert
400
26
Range for Previous
Range Since January 1
'
Laclede Gas
4%%
100
33 Va
12%
203/8
*25%
•
-
La Consolid 6%
54%
103/4
20
21%
*41%
*99
12 % f
333/,
13%
♦68
41%
25%
'/a
10%
20 3
68 Va
*52%
i i
33%
5%
19%
20 Va
68%
54%
100
13%
20%
45%
Va
25%
*
46%
52
*
28
19%
5.>%
52
25%
41
*20
6%
41
62
52
24%
23
45
2%
33 %
*lfi9%
13%
10%
33%
5%
84%
42
*52%
*99
33%
25%
70
26%
843%
85
53 Va
68 %
413/4
20%
n.
223/4
*100
54%
14
22 Va
21 Va
1,500
273%
-t^%
47
25 Va
101%
13%
13%
20%
20%
27%
13%
*1°9%
*38
55%
*iooy8
27%
46%
♦20
84 Va
191 Va
mo
20
♦6%
12
8
4,600
40
'11
19%
20
54%
5%
113/4
100
33%
6%
23/a
5%
113/4
12
*52%
100
11
F%
113/4
27%
12
54%
*42
5%
*11 Va
27%
12%
*53%
/V:
5%
11 %
*11
28%
*12
EXCHANGB
CLOSED
5%
12
28
i.:
!
STOCK
/'. '
EXCHANGE
'V/.1'."
../
Tor
May
May
May
par
—
(Julius)
Class
2,000
110%
34%
49%
49%
series
Kelsey Hayes Wh'i
15,000
25
79
38%
49%
50
25
34%
101%
38%
Corp——-No
non-cum
Kayser
2,300
19%
19%
23
9
23Va Aug
Chicago RR stamped—100
Laughlin Steel_—
No par
pref
4%
1,400
24
45 Va
45
Jan
991/2 May 27
39% May 20
No par
Kansas City Pwr & Lt Co—
3.8% preferred—
;
Kansas City Southern
1,700
53
16
23
19%
111%
50
38 Va
pfd—100
I
Inc.—.
prefered
Kalamaxoo
10
22
45%
24%
11 >/4
143% Jan
common.No par
Joy Mfg Co
400
107%
19%
*110
&
5%
7,300
16
45%
*44
Sep
Aug
K
15%
23 Va
'
•7%
1
,
Co
—
Jones &
100
Co
2nd
Joliet
33 Va
98
Co
preferred
& Johnson—!
Johnson
*125
*96
38%
3Va%
600
4
32%
98
100
30%
*109%
*125
98
119
30%
8
190
9
May 19
104% May 16
46% Apr 23
1
_
130
*125
32 Va
$6 preferred
400
*109 Va
*96
10
3,200
43
Feb
81% Feb
Oct
100
1
—
8%
*29%
22%
116
168% Mar
29
Aug 11
130'A July 9
38% May 19
___
Island Creek Coal
23%
149
33 Va
—
101%
HlVa
97%
preferred
23%
♦118
29%
Sep
No par
371/2 Jan
2
25 ...40%
May 19
25
32
Jun 26
common
101%
48
13%
/Apr 23
3% May 17
100
23%
*125
32%
155
43
,
7,600
.
44%
17 Va Feb
84
Telep & Teleg
No par /
Foreign share ctfs__
No par
Interstate Dept Stores——No par
Intertype Corp
—No par
500 '
50
Sep
22% May 19
No par
101%
*109Va
97%
7%
400
263/4
49
r__;
Sep
Jan
May
22% Jan
5*
j Jun
151'/a Jun
33%
6
15
___—;
Sep
36
.5
Apr
70
-100
Salt
Sep
11%
Feb
176% Jan
—_No par
preferred
36
23
July 17
45
'/a
40% Feb
1
Co__
101 %
48
42%
29%
'
Canada
Paper
Jan
16
17
17
Apr
373/4
Oct
63%
19
Intern'l
"
8%
■t
119
29%
400
113/4
■
of
10 Va July f7
30Va Jan 25
Jan
99%
4
192 Va Apr 29
5
Corp,
97
Aug 22
253/a July 24
Jan
18
25
Chem
16
Apr
45%
85
Feb
No par
100
International Shoe,
International Silver
1
15,400
1,300
.
&
Mining
21
44%
133
3
—Nopar
*22%
23%
48%
119
36%
11%
*11%
48%
101%
42%
120
*35
11%
158
♦48
48
400
900
11%
Min
Jan
Jan
,
105
100
International
«
'
57
36%
*26
49
8%
433/i
22%
11%
23%
*43%
5%
-
31% Sep
18% Oct
Oct
iX
87
Sep
14 Va Oct
180 Va Feb
"
$4 preferred l.—.
•
No par
Inter Rys of Cent Am.....-No par
90
541/4
1
35%,May 17
.
"
22%
♦101
500
7
12 Va May 19
7
Jun
5
No par
Preferred
..
Feb
Aug
July 29
No par
,
preferred
Nickel
1
30
May 19
33
100
Rubber
International
300
110
11%
263/4
*155
*23%
24%
101% 101%
120
29%
11%
22%
158
23%
43
♦118
12
24
■-'
;
131/4
*53
26%
42%
*12%
110%
22%
48
123/4
*53
11%
48
12%
Int
180
10,400
39% Aug
60
Jun
May 27
No par
;
Iron
International
9,400
,
107
107
*110
35%
48
1073%
54%
11%
101
*107
43%
35%
Va
48%
110%
11%
8
134%
47%
*43%
26%
*47%
♦157
23%
134%
48%
*53
22%
*100%
134%
-•
10% Jun
174
1
Corp
International
4%
,AV« Sep
2
.
107
.20
,
Preferred
900
49%
5
Jan
7 Vt Feb
x35%May20
100
Machine
200
293/8
54%
11%
*157
29 Va
43
*56%
158
29%
1
Int Hydrq-Elec Sys class
A
3,100 "
.
43/a
473/4
13
110
28 Va
92
*4%
134%
48%
107
13
273/4
*88
43/a
29
134
47%
107
111%
43
363/4
11%
■
13%
*53
43
293/a
*4%
Sep
14% Oct.
25 Va Oct
30
7% May 19
23 Va May 19
12% Jan 14
S A
Harvester—.
490
13
15
No par
International
2,100 -
Jan
2OV4 Feb
93
__No par
Int'l Business
6,500
.
1
7%
7%
Interlake
Jan
1000
series
preferred
Intercont'l
100
183%
183
28%
88
48%
58
7%
4%
1,300
2,200
87%
87%
184%
7%
89
106 3/4
42%
183%
7%
29
48%
*53
183 Va
4%
3%
221
*215
86 Va
88
4%
%
29%
134V2
106 3/4
♦110
86
29 Va
48%
13
86%
4% %
127/a
3 Va
12%
88
♦1053/4
13
3%
12%
ctfs
Interchemical
10
108
12%
25
45'/a May
34% Mar
100
—
Inspiration Cons Copper
Insuranshares Ctfs Inc
900
43%
43%
4%
Ipgersoll-Rand
100
Apr
July
60% Feb
Oct
11% Deo
'
6% preferred
Inland Steel Co
3,000 *
7
*107
221
182%
4%
4%
3%
12%
7%
*87-
89
4%
182%
44%
*213
17%
7
107 Va
12%
221
86
7%
7%
134
87 Va
44%
3%
12%
•213
7%
107 Va
108
3 Va
13
219
*7
43 Va
♦107
3 Va
219
7%
43%
108
12%
224
86 Va
44 Va
3 Va
3Va
13 Va
13
*219
♦7
*
47
5
33
30
—
20
30
Oct
3
18% May 19
371/2 May 21
100
Industria Electrica De Mex,
Industrial Rayon
3,900
Oct
30% Oct
3
13% Mar
33/4 May 20,
Illinois Termin&l RR Co—
___5
Indianapolis Power & Lt—'—No par
600
36%
14 Va
24 Va
5
43% Feb
,100
A.
; 400
1,600
16%
42
16%
41%
Feb
May 14
7% May 16
__20
Co...
series
1,200
-
-
261/4 July 24
29
$ perthare
I
RR
lines
Stk
I per share
30
12% May 19
15% May 23
X
Co
Central
preferred
""RR
1,800 ;
Va
26%
•118
36
Illinois
11,400
97
♦175
'•
.
t per thare
May 19
33
6.66%
i
—,—
Power
59
v.
23 Va
26%
42%
-
Idaho
26%
96%
9 Va
*20 Va
100
Va
26%
96%
23
9 Va
38
3
100
"
97
26%
%
*16%
41%
*96%
23%
9%
*
*36
26%
97
23 %
26 Va
*16%
41%
37
27%
♦96%
23 Va
26%
Va
♦36
59
96%
23 Va
37
100
preferred
non-cum
Highest
383/4 Mar 28
7% Feb 28
Manhattan
•/
*36
31% May 19
—25
o
„
Hud Buy Min A Sm Ltd
No par
Hudson Motor Car
•:—No par
4,200
:
„
&
t
v
37% May 21
163/4 Jan 16
20% May 19
45 % Jun
1
Howard Stores Corp
Howe Sound Co
t per share
No par
—5
Houston Oil of Texas
100
500
:
4 Va
37 Va
STOCK
Par
2,600 {
%
Bang© for Previous
Year 1946
Lowest
Range Since January 1
Highest
Lowest
Houston Light & Power
1,300
23%
*4
4%
,
STOCK
EXCHANGE
Short*
43%
43%
43%
NEW YORK
the Week
$ perthare
4%
8%
Sales for
Friday
Aug. 22
43%
44%
23%
25 %
36 Va
*23%
Thursday
Aug. 21
I perthare
$ per thare
X44
STOCKS
Wednesday
Aug. 20
Aug. 19
Aug. 18
Aug, 1G
Monday, August 25, 1947
No par
50
30% Jan
109V4 Feb
Dec
120
Aug
10% May 17
20
Feb
20
18%
Dec
45%
19
27
Feb
13
251/4
Nov
41
Apr
64
Jan
94
May
Aug
8
58% May 19
12Vi May 19
17% Apr 16
165% Jun
24% Aug
40
26
7
May 14
79% Feb
22 % Feb
5
8
17%
Oct
35
Jan
Jun
3
x20
Nov
Jan
29
166
Dec
29 Vb Jan
31
243/4
Sep
32%
Jan
7
45%
Oct
72%
Feb
21% Jan
172
53
Feb
31%
197
Jan
Aug
Volume 166
Number 4623
THE
COMMERCIAL
NEW
& FINANCIAL
YORK
STOCK
CHRONICLE
Monday
Tuesday
Aug. 18
Aug:. 16
I per share
I per share
23%
101%
23%
17%
17%
23%
102
17%
17%
t per share
23%
*101
*23%
102
17 Va
*101%
17%
Sales for
I per share
24%
NEW YORK STOCK
the Week
Friday
Aug. 22
Aug. 21
I per share
23%
*101
Thursday
Aug. 20
I per snare
24%
101%
BTnrira
Wednesday
Aug. 19
19
RECORD
LOW AND HIGH SALE
PRICES
B a turd ay
(771)
EXCHANGE
Par
Shares
Lowensteln
1
pfd 6eries A—
600
101%
101%
120
4%%
..100
97
Co
cum
1,000
Lukens
...10
17%
17V4
17%
*37%
38%
37%
38%
:
tper share
13% May 17
Steel
17 V4
I per share
& 80ns Inc..
(M)
24 V4
*23%
102
Range for Preview
Year 1946
Lowest
Highest
Range Since January 1
Highest
Lowest
17% May 19
Jan
# per share
27% July 24
101% Aug 22
31
20
Nov
97
Deo
6
Mar
20%
14
Sep
32
Sep
140
Deo
I per share
43% May
108
July
30% Jan
M
*38 %
39%
148
*38%
148
54'/a
54%
34%
39%
38'
38V4
148%
*146
*147
148%
53%
35-
108%
*107%
*13%
13%
53%
35
*107%
53%
6TOCB
EXCHANUB
18%
CLOSED
8%
24
28%
35%
1,300
107%
107 Va
400
107%
14%
19
13%
•18%
18%
17%
*18%
xl7%
17%
17%
18%
*18%
17%
17%
*430
8%
8%
23%
7 Va
*41/4
*11%
24
3,500
Manatl
Mandel
26
26
26
400
*4V4
24%
28 %
15%
1,600
Marathon Corp
3,600
Marine
11%
11%
30
Market
28%
4,000
29
29
*110
111
15%
28%
*110
15 V8
21%
20%
20%
20%
54
53%
53%
53%
111
15%
20%
54
54
24
25%
42%
95
*94
10
10%
47
47
*110%
*42%
44
*94
IOV4
*
48
*46
10 %
27%
*27%
102%
1C2%
102%
41%
41%
*40%
26 %
27
41%
26%
54%
54%
54
54
35%
35%
35%
35Va
106
*20%'
28
*104
10 %
Master
Mathieson
1%
10%
*10%
10%
47%
200
43%
42%
42%
500
McCall
28
28
28
28%
800
McCrory
*103
104%
220
41%
1,000
103
103,
41V»
40%
41
27
26
26
53%
53
53
53%
55%
35%
35»/4
35 Va
35%
35 Va
35%
*104% 106 v
*104%
109
*104%
21
21
*207/a
40%
*26
22
27
106
.1,400
'
*21
22
27
'
McLellan
100
*27
28
21
*27
*94%
98
*47
24%
18 Va
58%
15%
16
*42%
*20%
21%
500
*96%
98
*96%
98%
*96%
98%
*46
48%
*47
24%
15%
17%
44
43
53
103
42
*41
16
44
35%
35%
*
111%
15%
16%
15%
43%
43%
43%
36
35
35
143%
,
*141
*10%
10%
10 Va
10%
57
57
57
.'
110
-
♦108 Va
15%
*42%
44
100
Merch
52
200
42
200
*41%
*111
16
70
17%
3,000
43%
35%
36
600
*140%
•12%
12%
143
*140%
143
*12
12%
*10%
10%
10%
10%
*55%
56%
56%
56%
108%
*108%
200
110'
*109%
500
a
60%
60
60
11%:
11%
11%
11%
119
120
60
11%
11%
119
118
120 ~r 121 "
60
11%
*59
500
110
20
60
;
59%
60%
900
11%
11%
11%
13,400
117
117
40
40
*117
119
39%
39%
5%
5%
5%
5%
5 V4
5%
5%
5%
5%
18%
18%
18 Va
18%
17%
18%
18%
18%
17%
36%
36%
36%
36%
*36 %
37%
37
37
37%
37%
10
10%
10%
10
10
10%
*10
29
*27 Va
28%
*26%
300
18
41
40%
40
40
40%
40%
1,000
5%
1,800
v
9%
*27 %
59%
>
60
29
58%
120
119%. 120
119%
120%
117%
60%
61%
26%
25%
*53
57
*25
26
28%
*26%
58 %
58
58
118
*116
120%
*117%
117%
116%
117
3,600
60%
8,100
Montgomery
26%
2,100
Moore-McCormack
57
*53%
56%
*53%
56%
*25%
26
*25%
26
*53%
26
26
13%
13%
*21%
21%
21%
13%
13%
13%
$2.50
100
13%
X21%
21%
20
*19 %
19%
*19%
19%
19%
19%
19%
1,900
Mueller
21%
22%
22%
22%
14,100
Mullins
Mfg
*103
*103
106
*103
106
11.%
*11
11%
*38
38%
38
38 V4
*110
HOV2
11%
110%
,38%
110%
12%
11%
12%
*110
12%
*21%
21%
106
20%
700
Motor
21%
400
Motor
*103
106
12
11%
12
700
38%
500
38%
38%
110%
*110
13
13
13
*40
42
*40
42
*40
42
*40
42
*40
*50%
53
*50%
53
51
51
*50
53
*50%
53
12%
1,700
13
Monday
Aug. 16
Aug. 18
I per share
Aug. 19
I per share
t per share
111
Jun
118
Mar
42
Sep
71
Apr
25
Oct
43
May
102% Deo
122
113
Jan
4
48%
Apr
8
44
69
Jan
6
66%
Jun
102
9
May 19
Jan
2
Deo
25% Feb
May 16
16% May 19
88% Jun 23
21
20
Nor
35%
Apr
31% Feb
25
8
22
Oct
36
Jun
30%
Apr
18% Sep
23Va July 14
11
Feb
5
43%
20%
Aug. 21
I per there
$ per share
« per share
Oct
67 Vt Aug
1
1
20
May 20
25% Jan
7
16
May 19
24% Jan
6
18
Oct
35 Va
Jun
Feb
8
61
Nor
105%
Jun
28
18%
Deo
Co—
47% Jan
3
36%
Sep
65% Jan
10
64
Sep
3
97
Deo
73
19% Jan
13 Va May 20
No par
41
.
No par
pfd.lOOr
Mar 21
43 Va May 19
97% Jan
103% Mar
3
47% Jan 30
35% May 21
105
Jan
111% Aug 18
6
12% May 19
.10
33
19
39%
Oct
Oct
Nor
104
26% Nor
32% July
62 V#
Apr
77
May
110% July
61 Va
113
Jun
Va^Apr
5
10%
Oct
18% Fob
45% July 23
31Va
Feb
45% May
42 Va Feb
4
32
Nor
6
140
Oct
18 Va Mar
Apr 30
No par
*
156
18
Mar
19
141/2 Jan
19
14% Feb 24
66% Jan
27
4
7
10% Nor
45
105% Deo
661/4 July 16
40% Apr
Aug 19
431/4 July 28
13
II
19
Deo
26% Mar
68%
114% Feb 25
121
Jan
July
Oct
16
19
7
14%
Oct
9%
29
12% Feb
62%
173
8%
Oct
Sep
100
Apr
119% July
Deo
60
18% May
Mar
129
3
Sep
Oct
44
Feb
25% Feb
7
19
Oct
52
Jan
51% Jan
13% Feb
2
42
Deo
70
Apr
14
11%
Deo
23% July
Feb
17
8
19
19
19
6
32
28
5 Vt
28%
Deo
May
17%
Jan
45
Apr
64
Deo
No par
Ino—,wf<'
.
No par
No par
5
-1
Co
1
class B
No par
8
1
100
com
10
50
No par
17
63% Feb
3
43%
Sep
110V4Mayl6
128% Feb
4
111%
Sep
135% Jun
116% Aug 20
A—No par
Co
&
50
.5
55 % May 17
3%
preferred
of America
41o preferred—
Myers (F E) & Bros
120 Va Aug
18
64% Feb
8
57%
Deo
104% May
20
Nor
30%
Apr
50%
Sep
62
Jan
49
May 19
20% Jan 3
52% May 19
24
May 16
9% May 19
28'/4 July 25
57% Apr
B
26% July
1
13% July 14
May 19
241/4 Feb
7
15 Va
Oct
34% Jan
19% May 19
27% Feb
3
19
Oct
16
17
25
17% May 19
15% Feb
10
40% Feb
10
112
May
Mar 28
22% Aug 22
107 Va Mar 14
414% May 19
103% May 26
10
M&y 29
35
Apr 14
108
Mar 26
9% May 17
37V»Jan 2
50% Jun 10
14% Sep
22%
Oct
109%
102
13%
Sep
32% Oct
108 Va
Jun
9%
Oct
Jan
29
15% Feb
11
44% Feb
13
33% Nor
56
29
50
Jan
Deo
Jun
Feb
27% Aug
49
May
114%
22
Jan
Jan
65%
Feb
70
Jun
Range tor Previous
Year 1946
Range Since January 1
STOCK
Lowest
EXCHANGE
the Week
Aug. 22
107% Aug
Jun
8
NEW YORK
Bep
103
105% Feb
44
50
Wheel' Gorp
Sales for
Friday
108% Mar '
50
Cprtf.
Co
102
105% Feb 20
17% May 20
,
Sep
39% Nor
STOCKS
Thursday»
Wednesday
Aug. 20
Tuesday
May
Jan
C6
Products
LOW AND HIGH SALE PRICES
Saturday
Jun
65
56% Feb
Murray Corp
100
17
Sep
44
4%%
42
12%
Oct
45%
30 %
_100
Lines
Munsingwear Inc
Murphy Co (G C)
110
110%
*12%
9%
4
46% May
preferred
$7
>
8
Apr
46% May
3
Brass
21%
21
21%
20%
20
20%.
Feb
Jan
Sep
Inc.
21%
*21%
12
50
6
Sep
___10
(John) & Co
Motorola
20%
20
Nor
B7
23%
pfd
cum
Morrell
2,500
W»rd
20%
21
May
70
112% May
Dec
30
—
60
13%
110%
117%
preferred
Pfd "called'*
26
26
110%
117%
83%
1
Co
series
$3.25
60%
13%
11%
117%
Deo
103
Feb
•
600
25
July 15
29% May
8% cum 1st preferred
100
136% Jun
5
Mlnneap & St Louis Ry._
Noipar
10% May
Minn St P & SS M A vtc
No par
6% May
Minn-Honeywell Regulator...
;.3
47% May
3.20%
conv pfd
series A
100
*103% May
Minn Min & Mfg
No par
51V4Apr
Minn Moline Power Impl
1
7 ' May
$6.50
preferred
No par
104
Jan
Mission Corp
10
28% Mar
Mo-Kan-Texas RR
No par
' 3% May
7 % preferred series A
10011% May
Mohawk Carpet Mills
—20
32% May
Mojud Hosiery Co Inc—...—1.25
8
May
Monarch Mach Tool
No par
26
Jun
Monsanto Chemical Co common—5
/
49 Va May
26%
26
106
9,800
Feb
45% Nor
97Ve Mar 11'
L.I
60
57
106
195
32
Petroleum
26%
*20%
11%
58%
117%
8
44
Copper
Mid-Continent
60%
20%
*103
58 Va
117%
23
Mar 14
5
Midland Steel Products
26%
13%
21%
29
58%
117%
804% Nor
10
Jan
May 17
Co
25%
207/a
19%
1,200
38% May
Jan
Jan
49% Feb
24
18
Edison 3.90 %
59 %
13%
21%
10%
500
Sep
33
35
1
25%
,
*53 Va
20
:
24%
25V4 Aug 18
7
Co Ltd...
61
60
26
<.934
*26%
59%
120
•
3,400
Apr
Sep
190
'
,
60
Miami
Jun
75
12%
48
2
107% Feb
Inc
preferred
Machine
Metropolitan
.
Feb
30%
22% July 25
May 22
1
Min Trans
cum
Mesta
ii,100
44%
16%
44V4
35%
112%
45%
Sep
Oct
100
Merck & Co Inc
400
&
Sep
31
21
Co
Stores
103
$3.50
Apr
112% Mar
*109
33% Feb
Corp
52
10'A
108%
i,000
577/a
30% Nov
9
6
Jan
48% Jan 23
(The)
1st preferred
conv
Mercantile
-
57%
10 y4
*56
110
15%
Co
43%
,
12%
12%
13
112%
143%
*141
143%
*12%
12%
'
42'"
*41%
*111
15%
43%
*35
12%
57
42
112%
111 %
103
Shoe
Mengel
5%
Jan
1
Mfg
*102
53%
103
Melville
2,000
15%
15%
43
*52
103
*41
44
111%
16%
43%
»108Va
53%
*52
104
1,100
18
30
Feb
20%
May 26
preferred
2nd
preferred
24%
58%
11%
Oct
63 Va Jan
108% Mar 20
No par
17%
*57%
Jun
13
111% July
34
Deo
llVt
4
34% Feb
20
7% May 19
42
No par
Stores
24%
58
15%
*43
44
15%
*52
111%
17%
*57
*15
15%
*42%
24%
177/a
57'/4
'
13% Feb
May 17
Jan
Jan
6
No par
Corp
4%
100
Jan
Aug
16% Apr
~7%
8% Feb
May 19
626
35% May 19
4%%
,
27% Feb
Jun
87/e Oct
100
Co
Robbins
McQuay-Norris
Mead
46% May
39% May 19
"
48%
24%
17%
57%
28
*47
24%
18
*100
42
*141
48%
59
53%
111%
?
200
20%
101%
101%
.
27
"20%
24%
18
*57%
44
*52
07
21'/4
47%
24%
18%
58%
28
*20%
98
47%
*27
20%
*96%
48
24%
28
20%
21%
Nov
Va Sep
620
24
Co
Pub
&
"
17% Sep
1
preferred
$4
*
30% May
3
18VtJuly23
No par
No par
Corp
Electric
McKesson
Sep
Deo
26
Jun 24
Mclntyre Porcupine Mines
1,300
13%
5% Feb
' May 19
preferred
conv
McGraw
Sep
16 Vt
1
•
McGraw-Hill
300
Nor
12%
6
455
24 V4 May 27
Mar 12
No par
Stores
3% %
*17%
1
Jan
32% Feb
91
Corp
Apr
26 Vt
100
1st cum preferred
111%
Oct
No par
$6
Oct
Jun
May
12%
No par
preferred..
106%
18% Aug
185
5
$3
V
111
l
100
Maytag Co
Mar 28
15V4 Feb
21V4 Mar
14 % May 19
39% May 17
No par
preferred
65
2
14
—
Wks
Stores
Dept
$3.75
1,300
*46
*110%
(new)....
$3.40 cum pfd..
«
48
53
22
330
101%
Co
Alkali
preferred
43%
28
*26'A
May
2,300
Elec
Nor
111
22% May 19
No par
2,600
37%
17
109
No par
Corp
7
Jun
1
Co
76%
41% Jan
42% May
160
14% Feb
100
Masonite
3,300
95%
No par
Martin-Parry Corp
900
43%
*94
Co
Oct
12 y4 Jan
9
1,500
207/a
192
101%
95%
&
100
preferred
111%
103%
41%
101%
prior pfd
(Glenn L)
*110%
43%
28
*103
106
*21
21%
101%
111
43%
42%
27%
*104%
43
95
*110%
*102%
26%
43
102
*46
111
42%
43
102
10%
48
111
*190
431/4
Field
4 % %
32%
32%
192
Ry 6%
38%
19% May 28
6% May 20
5
Martin
23%
*23%
32%
Marshall
50
54%
*190
*94
10
20%
St
Corp.
8
24% May 16
3% Jan 14
1
,—6.25
Midland
5
21
May 17
6
3,200
15%
54
23%
31%
192
42%
95
*46
*110%
X23V4
31%
*190
43%
102%
102%
102%
*94
31%
192
42%
24
23
31%
*190
44%
102
25
30%
31%
Exploration
7%
20%
192
Oil
24%
54%
31
Shirt
Manhattan
Maracaibo
'
7%
21
24%
*
200
11%
*11
15%
4%
Apr
56% Feb
152
9% May 19
1
No par
5
24 Va
54%
*190
RR Co
39 Va Aug
13
16% Apr 14
12 Va May 13
455
Jun 17
1
50
Co
7%
21
•
4%
24
7%
tgv
*110
16%
4%
24
IIV4
29
No par
10
Bros
*25%
IOO
(The)
Sugar
400
4%
24
111
Coal
8%
12%
11V4
15%
Mahoning
455
8%
12%
11%
28%
Co
8%
71/4
110%
Magnavox
12%
7%
16%
*430
600
2,000
Mar 12
Jan
41% May 19
30% May 19
107% Jun 20
11% May 19
No par
pfd series A
Madison Square Garden
Magma Copper
*12
7%
29%
455
8%
Co Inc
28
*25
4%
*430
8%
19
34
140
No par
4%%
200
13%
17%
10
.
Inc
12%
*12
26
4%
455
preferred
Trucks
IOO
Forbes
&
Macy (R H)
*13%
110%
16%
34%
107%
26
11%
*110
34%
13%
12%
7%
*11
Mack
13%
455
24%
7%
2,700
13%
8%
4%
6%
55
108%
*12
27
*4%
10
54%
*107%
17%
12%
148%
54%
108%
*430
9
12%
*25
*147
MacAndrews
53
-
34%
18%
17%
455
148%
500
34%
54
34%
*13%-
18%
17%
*430
*147
Par
Shares
Lowest
Highest
$ per share
.1 per share
f per share
Highest
I per share
N
17%
17 V4
17%
17
17%
17%
*22
22%
*22V4
23
22%
22%
*22
*26%
27
27
27
*27
17%
17%
17%
17%
Nash-Kelvlnator
6,400
23
20
Nashville
400
National
Acme
*26%
27%
STOCK
11%
11%
11%
11%
11%
11%
11%
11%
11 Va
11V4
1,600
National
EXCHANGE
10%
11 %
10%
11V4
10%
11
10%
10%
10%
10%
2,200
Nat
12
12
11%
11%
11%
%
*28%
29%
*28%
30%
30%
30%
11V4
12
28%
28%
*28 %
29
30%
31%'
30%
*185
187
*23 Va
10
*186
23%
23 Va
9%
39%
9%
9%
15 Va
15%
14%
14 %
X31 %
31%
16%
16%
20%
20%
*40
43%
20%
*104
21
15
*14%
31
*16%
20%
*40
19%
.
157
7%
National
100
National
Battery
4,400
National
Biscuit
189
*185
*23
23%
9%
9%
23%
100
9%
1,900
39
38 Va
10%
•2,600
'3,500
39%
10%
10%
14 %
14
14
14
30%
30%
30%
17
16%
16%
17
17
16%
20%
20%
104%
*104
31%
32%
*187
157
190
*156
190
158%
7%
7%
7%
20%
20 Va
*39%
20 Va
19%
20%
20%
44
*39%
45
42%
20
•
*104
20%
*40
14%
19%
1 Ye
lVa
19
1
19%
lVa
12,100
20%
Nat
*104
1043/4
1043/4
32
32
188
20
156
156
*155
158
•
70
73/4
7%
7%
800
*18%
19%
300
lVa
11,800
83
700
23%
23%
400
19%
19%
19 Va
19%
19%
19%
19%
7,900
20
20
20
20
20
20
1,100
98%
98'/a
99
99%
98%
99%
150
28%
28%
28%
28%
1,400
14
14 Va
14 Va
14 Va
600
133/s
13%
13%
1,300
20
20
99
.
27%
28%
28%
'*28
14%
14%
14%
*14
13%
footnotes
28 Va
14%
For
13%
13%
13%
see
page
23.
1
*23%
*98
19%
1
82%
23 Va
19%
99
1
82%
19%
19%
lVa
1
13%
'
28 Va
143%
13%
*13%
&
Stamping
83
Co
preferred.;
Gypsum
conv
National Lead Co
2,500
*185
23%
83
$4.50
...
32
83%
23%
Enam
National
4,800
203/4
23 Va
83
24
Co
National Distillers Products
42%
188
19
Gas
Nat
'
203/s
20%
32
*7%
(new)—.
Cylinder
800
No par
10
No par
1
Container
*185
19
Register
Inc
Cash
Nat City Lines
Dairy Products
National Dept Stores.
23%
83
*98
19
18 Va
Nat
6
100
1
1
1
5
4
10
•'—100
Corp
National
*82%
83
*23
19%
*
Share
National
'
~
*19
&
3,800
17
14%
Va
Bond
National Can Corp
3,400
31
15
common
19,600
14
30%
Nat
Corp
Co
Co
preferred
7%
189
14%
32%
7%
14%
2,100
30%
30 V4
104%
156%
15%
11%
29%
30%
14
32
7%
9%
11%
*28 %
Inc
Fibres
Aviation
11%
15%
*104
*187
39
9%
Airlines
Automotive
29%
14%
32%
188
*154
9%
Co
30%
31%
104%
32%
188
9%
39
39
9%
9%
*23
9%
-9%
39
39
*185
23%
*23
9%
39%
189
*186
lt'9
24
.10
30
St Louis
Chatt &
27
27
CLOSED
Corp
*22
23
26%
_1
—1
No par
5
No par
No par
—1
No par
10
preferred A
.
100
6%
preferred
B
100
National Linen Service Corp
1
Nat Mall & St'l Cast Co.—.No par
National Power & Lt ex-dist.No par
National
Steel Corp
25
National Sugar Ref Co
No par
National Supply (The) Pa
10
$2 conv preferred
40
4%%
preferred
100
National Tea
Co
10
Nat Vulcanized Fibre Co
1
Natomas Co
No par
7%
*
Jan
14
May 19
19% Feb
7
Oct
25%
19
May 24
May 19
29% Feb
13
23
Oct
62% Jan
Jan
6
27
Sep
41% May
21
30
16% Jan
11 Ve Aug 22
14
9 Vb May 19
24
Jan
Jan
13
0
7
32% July 28
13
27
Feb
31% July 18
10% May 19
'
34 Vt
Feb
15
13
Jan
14% Nov
34%
10
Sep
20% May
13 Va
Deo
28%
Jan
34%
Apr
20%
25 Va
180
Oct
Oct
37% May
Nov
205% Apr
32% Apr
21% Feb
Jun
27
10
26% Feb
13
8V4 May 19
13% Feb
7
41% Apr
2
31
Nov
45%
13
Oct
24% Aug
*181
Mar 26
21% Jun
33
May 19
8% Jun
13 Va Aug
187
16
147/a Jan
7
4
15 Vt Aug
Oct
9%
Nov
21
15
Oct
27% May 19
38
Jan
3
30
Sep
14% May 19
20% Jan
6
15% Nov
17% May 19
22% Mar 28
30% May 26
14% May 19
Aug 15
25% Jan
2
107
Feb 15
13 Vt May 16
103
Mar 27
6%
43
19%
Nov
102 Va
Vt
Apr
Jun
45
32% Aug
67%
Jan
Oct
33Vt
Oct
108%
Jun
Jan
31% NOV
16%
Aug
23
34%
40%
Apr
35% Jan
9
27
Sep
6
190
July
9
178
Dec
207
July
Mar 20
167
Jan
28
*149
Oct
173
Apr
25% May 20
183% Jan
150
Jan
18
17% Feb
22%
Jan
16
16% May 20
Nov
10% Aug
Oct
IV* Aug
41% Feb
2 Va Sep
101% July
8% Apr
7
6%
Jan
31
20%
28
Aug 19
1% Jan
74% May 26
21 Va May 17
91% Feb
8
75
Sep
28 Va Jan
10
25%
Dec
38
1
11%
Nov
25
Apr
Jan
1
99 Va Aug 22
16 Vt
Deo
32
Jan
89
Nor
106% Mar
21%
Oct
42% May
14%
Nor
24% May
inv.
scd
15
1
12% May 19
15 Va May 17
88
Mar 18
20 Vt Aug
2
20% Aug
20% May 20
29% Jan
19
17% Feb
24
10
3
13% Jun
13
13 Vt May
11 Va Jan
Feb
2'0
(772)
THE
COMMERCIAL
NEW
Saturday
Aug. 16
Tuesday
Aug. 19
I per share
*207/a
♦106
$ per share
20%
21
16%
16%
*16
109
*106
303/4
104%
109
40
♦107%
STOCK
40
t per share
21
21
16%
16
16
109
*106
109
30
*29
104%
104
109
1043/4
*107%
*103%
109
153/4
1043/4
*107%
39 %
26
*39%
39%
26%
27%
39%
39%
97
26%
97
27%
27
1043/4
*107%
109%
27
20%
20%
42
42
15
15%
32%
34
119
♦96%
97
*96%
3,400
*96%
20%
20%
20%
41,
42
40%
41
14%
40%
41
15%
14%
15
14%
331/4
1183/4
14%
117%
*32%
*117%
33
20%
33%
20 3/a
*32%
II73/4
97
20
1,000
117
*133/4
14%
25%
*20
25%
*53
*20
26
57%
*20
*53
*53
58
*53
57%
*232
13%
133/fl
-
255
*232
103%
255
10334
*232
103%
255
*232
*103
255
11%
103%
11%
*103
11%
103%
*103
103%
130
12%
200
♦100%
1003/4
100%
100%
46%
46%
*39
73/4
*119
240
101
*90
573/4
573/4
*57%
20%
21
101
12
11%
11%
20%
19%
20
36%
*35
7%
♦36 3/4
*13
37%
♦103%
*363/4
110
26%
*103%
26%
♦21
21%
21%
373/8
♦21
21%
21
19%
20%
20%
21
35%
37
210
*7
363/4
*36%
110%
263/8
271/8
21%
20%
20%
104/8
1041/4
9%
*109
109 %
20%
20%
28%
28
28 3/a
23
*83%
*158
♦83%
743/4
*123/4
13
♦83%
75
123/4
14%
*13%
67
*67
70
-37% : 37%
40%
37%
41
373/4
40%
40%
>158
86
38 3/8
40%
123/4
1,100
*
22%
12%
14
200
'
•
2,400
123%
.
14
:
800
:
-70 v
39
40
:
50
,
40
600
563/4
58
40%
57
57
V40%
563/4
35%
35
57%
4,000
35%
*56%
40%
36
563/4
•403/a
35%
-
35%
56%
353/4
56%
800
35%
36
103% 103%
*162% 163%
103%
104
*163%
43/4
43/4
35%
39%
36
5%
5%
10%
50%
107
7
*105
22%
38%
24%
38%
108
23 %
23Va
39%
*38%,
2%
38%
29%
7%
70
♦105
>
2%
38%
29%
7%
38%
*29
8%
107
gya
♦105
108
233/4
23%
38
2%
37'/4
38
X29
29
8%
10%
8%
10%
45%
35 %
36
45%
36
443/4
45 %
36
6%
7%
45%
45%
443/4
♦11
11%
20
103/4
20
*27%
•108
19%
32
20 %
18%
19%
46
53
*93
95%
*9%
.
32%
26%
*107
53
10%
32%
26%
Saturday
*9%
32%
107
103/4
Monday
Aug. 16
10%
16
33%
27%
107
10%
Tuesday
Aug. 19
S per share
15%
95%
10%
S per share
r
15%
16
44
44%
44%
43%
44%
43%
43%
43%
56
57
54
105
105
*103
24%
24%
29
STOCK
EXCHANGE
CLOSED
29
120% 120'4
*10914 109%
14%
15
28
28 %
95
95
30%
7
31
♦104
♦96%
104%
98
*27%
29%
*91
93
58%
*12
36
107
61
14%
36
107
*108
14%
*93%
26%
*22
*165
176
263-4
22 Va
175
176
*108
■'
11%
11%
•'
500
1,900
200
Penn
110
110
50
5%
20%
3,400
18%
183/4
16,000
46 3/a
1,200
117%
117%
920
95
10%
10%
32%
33
*26
*106%
10%
27%
108
10%
II63/4
53
32
*26
53
95
100
95
95
103/4
300
*9%
10%
32%
*93%
*9%
*50
100
32%
32%
27%
*106%
*103/8
30,200
103/4
283/4
300
106%
107
273/i
106%
10%
400
*10%
30
Jan
May 28
May 19
16
73
Jan
3
3
19
Feb
129% Jan / 2
Feb
8
164
7
Feb
13
5
10
5
T3/* Feb
13
14% Feb
21
•'
13
40% Jan
13
104% July 15
5% Jan 13
58% Jun
108
22 3/4
37%
2 %
34 Va
8"%
33
.383/4
6%
7
13%
10
May 27
May 19
May 17
May 17
May 7
May 20
May 9
May 19
July 2
May 27
July 1
Apr 15
May 19
41% July 28
18
79% Feb
56
52
34% Feb
21
26
Oct
48% May
35% Aug
14% Feb
11
12
Oct
22%
11%
Deo
24%
Jan
40% Nov
12% Dec
67%
Jun
45%
Jan
3% Sep
35 Va
_
15 Va Mar 31
38
Apr
48% Feb
11
15% Jan
4
11% Aug 22
Jan
6
10
38
513/4 Jan
6
6%
3
33 %o
No par
Co
4%% 2nd preferred
100
Petroleum Corp of America——6
243/4 jan
23
105
5
16
May 13
Feb
5
8% May 17
243/4
28%
120%
109%
56
Wednesday
Aug. 2«
* per share
15%
44
15%
15%
44
44
43% * 43%
54%
55%
104%
24%
24%
25
28%
28%
28%
120% *
109 %
*120%
109%
104%
121
109%
14%
14%
27%
] 4%
15
28%
27%
28
95%
95%
95
30%
104
*96%
*27%
*91
60%
*12
35%
*106%
95
30%
104
98
14%
*96%
31
104
98
29%
*28
93
29%
*91
93
61
14%
35 V2
107%
60%
*12
*35
107%
61%
14%
35%
107%
*108
14%
95
95
26%
26%
22%
30%
104
22 %
14%
*95
25%
21%
Thursday
Aug. 21
I per share
X42%
16
Oct
16%
Feb
Sep
30%
Jan
110
;
Feb
Jan
20%
22%
177
104%
24%
*27%
14%
121
*120%
109%
15
27%
28%
96
96
30%
104
*96%
*28
*91
60%
*12
109 y8
25
283A
121
109%
14%
15
28
283/4
95%
307/a
104
30%
*103
98
97%
29%
*28%
93
*91
613/a
61
14%
*12
96
30%
Sales tor
the Wsek
i.
Sep
Sep
27%
25
47%
Feb
37%
Nov
61%
Deo
117% Aug 22
Jan
21
43
Jan
68
May
101% Feb
13
86
V* Nov
115
Feb
3
14
Oct
51%
Apr
Jan
21%
Sep
40%
55
22
34% July 25
Jan
4
28%
108 Va Jun
34
2
105%
Sep
Sep
113/a July 25
8%
Deo
Phelps-Dodge Corp
Philadelphia Co 6%
70
5,600
700
20
62o
3,000
2,900
500
3,300
300
98
30
29%
34%
900
106 %
140
26%
22
176
176
-
3,400
90
26%
9,400
*22y8
700
169
175
3 8%
Read
Philip
4%
Coal,ft
&
Co.
10
70
Iron
263/i Jan
3
series
Jones
Corp
Mills
preferred
89
100
preferred
Pillsbury
10% May 19
21
5
100
Jan
43% Mar
109
Mar
14%
Apr
Forgings Co
Wayne ft Chic Ry
nreferrpd
Aug
62% Jail
8
13
Apr
Highest
1 per share
16 V*
2
35%
Jan
80
44% July 28
29%
Sep
x48
59
Mar 20
1093/8 Aug
5
27% Jan
2
29% Jan
2J
120% Aug
12
109% Aug 12
15% July 24
247/s
27 %
116
ii%
Deo
76%
Jan
Deo
51%
107
Feb
May
May
117%
Jan
Sep
30% May
Dec
34
July
Deo
122
May
Oct
19%
16
30% Feb
Dec
47
May 23
26 y8 May 19
98Va Mar 17
89
Dec
102
Sep
.
433/4 Jan
18
33%
Sep
71
Jan
,;
25
104%
Dec
112
Jun
8
96%
Deo
106% Aug
102% July 15
96% Aug 11
109
Feb
101
Mar
18
20%
Jan
Apr 29
31% July 17
203/4
Oct
36
Jan
Jan
93
July 25
633/4 July 14
84
Deo
89
Nov
49
Feb
73%
Jan
17
50% Mar 15
12
Jun
10
25
30% Apr
28
-No par
103% Jan
2
-
.1
1
100
inn
•
Feb
81
par
Consolidation Coal Co
16
$ per share
21
8
Inc
Jan
1 per share
100
No par
Pitts C C & St Louis RR
100
Pitts Coke & Chemical
Co—No par
$5 conv preferred
No
Pittsburgh
Year 1946
Lowest
No par
Hosiery
1%
2
100
Ltd
cum
Pitts Ft
Jun
1
A
preferred
Petroleum
Pitts
53
14
115% May 16
1053/b Feb
4
preferred
Phillips
$4
May 14
36% Apr
3
series
Morris
3.60%
37
9
100
100
Philco
Corp
3%% pfd
13% Jun
x98% May 28
23 Va Jun
6
preferred
ft
I per share
No par
No par
—No par
preference com
4.4% preferred
Phila
1
preferred—50
com
Phoenix
14%
34%
175
Co
$1
5%
8,500
106%
*108
22
Electric
No par
25
$6 preferred
Phila
Phillips
93
107
14
Par
9,600
1,420
*106%
*96
Range Since January 1
Highest
Lowest
Pfeiffer Brewing Co
Pfizer (Chas) & Co Inc—
35
*165
Jan
Range for Prevfou
STOCK
EXCHANGE
1,100
1,200
104
61%
NEW YORK
Shares
34%
14%
175
104
28%
97
>175%
54 %
24%
13%
♦165
42%
54
104%
97
175
42%
28%
26
178
44
24%
96%
>175
15%
43%
104 Va
26 %
*165
* per share
54%
*108
14%
Friday
Aug. 22
53%
*120%
*109%
373/4 Aug
115% July
GTArirn
15%
44%
42%
Jun
17%
28%
29
Jan
May 19
Jan
7
26% Feb
May 19
Nov
6
22
6
Apr
May
39% July
82
Apr
7% Jan
9
117
81% Jun
90%
110
273/4 Oct
4
Jan
Jan
18 % May 17
17% May 19
47
Oct
Apr
Apr
14%
4% Jan
43
107% May 20
115% Aug 12
56%
111
Sep
105 ya
8
53% Jan
Deo
4% Deo
2
-No par
May 13
Apr
Oct
100
15
July
32 3A Jan
Feb
Jan
20%
7
109
Apr
12%
27
37% Jan
Mar 24
9% Feb
34%
11% Deo
13
July 18
16
29 Va Jan
100
181% July
11% Feb
18% Nov
50% Aug 18
1U9
Jun
160%
•■",5% Oct
May 19
May 13
Apr
8
Oct
4% Aug
9 %
36
100
Deo
'■
213/4 Jan
.
18
Peoples Drug Stores Inc
Peoples G L & Coke (Chic)
Si Eastern Ry Co
Pepsi-Cola Co
Apr
168
27
Peoria
Jun
Jun
48
6
-
Mar
67%
6'
243/8 Feb
100
48
47%
Jun
...1
Mfg Co
Deo
36% Oct
62% Jan 11
39% Feb 19
Jun
10
19% Jas
25% July
86% Mar
Nov
24
Jun
•
Aug 22
43% Jan 18
3% May 16
35
Deo
49
40
•
Apr 10
50
Salt
-
8
95
;
180% May
111% May
100
Apr
10% Oo$
V 12%
1
* Feb
54% Sep
28% Oct
122% Oct
6
RR
Sep
Feb
51% May
39% Feb
19% Deo
152
1
Light Co
158
:
13% July 14
Jan
9 SA
25% May 19
—No par
No par
Oct
18
:
34% Jun
1
Corp
Dec
18
163% Jan
25
\
120
69% NOT
54
No par
100
3%s series A pfd
Pet Milk
33% Feb
Sep
26
18
.
100
Sand
&
28% Feb
X113
July 25
7%
Power
6
80
24
1
preferred
Penn
Feb
1
28 %
Pennsylvania
Pennsylvania
Jan
118
86% Oct
par
Glass
Jan
17%
4
10
10
7
99% Oct
10% Nov
xll9%
4
8
No par
Corp.
Penn Coal & Coke
Corp
Penn-Dixie Cement Co
900
17
63
1
No par
Jun
Feb
28 % Feb-
50
100
No par
36
5
'
.
Enterprises
22% Jun
18% Nov
13% Feb
7
Aug
70% July
2.50
&
Sep
8
107
May 12
..No par
Nonpar
100
Co
29% July
21
July 23
85
•
37% Nov
112
Jan
22
19% May 15;
Co
Mines
May
30% Sep
108% Jun
May
Feb
7
24
ilf
Penney (J C) Co
Penn-Central Airlines
2,100
20
,
25
19%
25% Feb
11
154
Inc
&
Jun
19% July
Transportation—No
11%
46 3/a
86
Consolidated Mines—1
Davis
Rust Proof
Parmelee
193/4
20%
18%
*51
Tilford
Patino
7%
•
7% May
12.60
Inc
I
3
May 19
Co.
Penick & Ford
4,900
97
16% Deo
18
9
104% Nov
273/a July 14
'17% May 17
2.50
Teleg
Parker
33
19%
Cos
700
46%
46
116%
Ss
500
*29
193/4
19% Jun
Jan
14
__100
Glass
38
111% Feb
18
Apr
2
13% Feb 11
xl8% Feb
I
31% Apr 15
21
No par
com
102% Feb
12
108 V4 Jun
10
4%
conv
preferred
Paramount Pictures Inc
8%
10%
18%
93%
Paraffine
*8
46
53
Telep
Utah
46
1163/4
8
100
No par
Panhandle Prod Ss Ref
Parke
18%
*51
Nov
2
6% May 16
13% Aug 21
Panhandle East Pipe Line—No
par
4%
preferred
100
Park
600
18%
116%
9
Corp—2%
Transp
5
1,100
110
20%
56% Jan
American Airways
Pan-Amer Petrol ft
1,800
33
Deo
No par
Mills
&
20%
104%
*108
14%
95
19%
96%
16% Feb
65% Jan
19% May
Pacific
Park
46
'
53
'
110
'11%
*29
Jan
17
Jan
LOW AND HIGH
SALE FRICEB
Aug. 18
I per share
*93%
*26
109
*103/8
116%
19%
33
36
No par
300
7
Oct
22% Feb
Oct
Rubber
Lighting Corp_
2%
7
16%
115% Jan 11
58
July 10
Deo
Nov
Pacific
29
7
May
7
119
18%
Co
34,500
36
117
14
25
13% May 19
non-cum..—No par
2nd preferred.
non-cum—No par
Pacific Gas & Electric
I—>28
373%
44%
Jan
90 % Aug
52y8 Jun
preferred
2%
36%
45%
Deo
■
37%
10%
*35"%
Oct
9%
111
7
44
Pacific Amer Fisheries Inc
Pacific Coast Co__
29
10%
23%
17
Mar
45% Jan
Co
38%
20%
46
116%
7
11%
19%
*29
*108%
20%
18%
18 3/4
46
k
'
110
20%
116%
*50
291/2
*108
20%
46
116
193/4
29%
110
6%
"11
10%
*10%
7
103/4 Feb
22% Apr
2
24 Va May 22
Owens-Illinois
8%
10%
35%
33% Jan
Aug 20
Aug 20
preferred
23 3^
a
125
Jun
Outboard, Marine ft Mfg
37%
29%
*8
10%
10%
2%
300
107%
23%
*38
140
4,300
67%
*106
23%
38%
2%'
37%
*29
353/4
'l
66%
2,000
*
Jan
72% May
288% Apr
129
Aug
39% Apr
Nov
19 Va
Pan
7
53
Sep
223
33
26,900
493/4
Oct
41%
6
60
10,600
107%
31%
16
25
5%
6%
67%
100% Aug 19
11
10%
493/4
Feb
113% Mar
28% Feb
Nov
99
16%
5
3,900
11%
(Minn)
preferred
Pacific
8
10
10%
1,800
38
*106
7
66 Va
10%
b V8
49%
107
♦35%
■
16
483/4
Co
*15%
10%
5
May
323
Deo
102
13% Feb
9
60
6%
preferred
Pacific Tin Consol'd Corp
Pacific Western Oil Corp.
Packard Motor Car
5%
10 %
*15%
290
163
4%
36 3/4
5
1,100
103%
*162
4%
39
2%
8%
163
36%
6%
23%
23/4
29%
107%
6%
*66
*38%
38% >'
2%
108
'■
49
*106
7%
70
*105
16
103%
4%
10%
49
108%
7
*66
108
10%
36-
*35%
5%
*15%
50
*106
7%
67%
67%
10%
104
♦162
36%
5
40%
103%
5
36%
16
49%'
163
5
36%
5%
*15%
104%
•162
5
1
10%
16
49 3^
107
43/4
10%
*15%
•103%
164%
5
*
Mar" 1
76
Jun
273
No par
Elevator
1st
20
16
*
Outlet
'
Feb
107
Aug 21
20
"
75%
Oct
290
413% May
18
Oppenhelm Collins
6%
53 Va
6% May 16
pfd—20
Corp
No par
4%%. convertible preferred
100
Omnibus Corp (The)
—6
8% conv preferred A
100
Otis
I
Jun
37% Feb
Oct
62% Jan
135
Deo
47% July 28
Oliver
20
86,
70:
38
V
Sep
16%
21%
Jan
233/a Jun
Ohio Edison Co
'
♦83%
74%
13
373/4
100
.
162
683/4
■
220
28%
22%
,
800
20%
*28%
123/4
13
•66;"
9 %
*159
75
210
111
*19%
22%
74%
\
13%
70
373/4
161
-
*83%
13
13%
*65
28%
>21%
743/4
12%
14
.67
9%
20%
2,200
79
1
26
53% Jan
Pharmaoal
Oil
Oct
Sep
preferred
cum.
4.40%
13 %
26
Aug
19
May 23
109% Jun
,343/4 Apr
'
Inc
Airlines
Norwich
Ohio
22% Feb
37% July 3
120% Aug 18
20% Feb
4
19
Apr
963/8 July
Oklahoma Gas & See 4%
21
104%
*110
Power
&
60
69%
353/4 Jan
61% May
17
19
39
100
Tire
2,700
Oct
118% Feb
Co
Norwalk
14,600
Nov
252% Mar
Telegraph
1
Oct
18%
32% May 19
1
Ry
Northwestern
21%
104
9
*19%
86
74
123/4
*13%
22%
*21
203/4
110
28
158%
22%
86
75
-
158
273%
104%
9
28
373%
109%
263/4
21
110-
20%
28
22%
21
110
*19%
21% ?
104%
9%
109%
161
*213/4
86
i
743/4
./K-
9.
20%
•
*21
*36%
103%
•
95%
36%
217% May 21
Ry Co
200
13%
Oct
100
pfd
pfd $3.60 series
4.6%
Jun
3
100
500
7%
*13%
373/a
*109%
21%
161
13%
26%
104 %
*213/4
t
13%
109%
*21.
Cum
Northwest
7.20Q
36
7%
*9
109%
6,600
*7
*104
♦20
110
12%
35%
9
*109
101
12
7%
13%
363/4
.
*100%
193/8
104
*157%
Central
Natural Gas
Northern
353/4
9
-
Northern
Northern
12 %
104
28%
150
500
19,000
States
45
Feb
113
10
20%
Northern
Apr
Sep
6
Co
Pacific
50
27
7
110% May
-
North American Aviation
57%
263/s
21%
American
Oct
102
May 20
102% Aug
5
10% May 21
100
non-cum
20%
109%
27%
North
Deo
30%
4
57%
101%
*13
110
263/8
10,100
3,900
77/«
92
Nov
106
32% Feb
250
Co
20%
11%
7%
13%
25%
7%
4%
103%
42% July 14
43% May
4
53
Norfolk & Western Ry
Adjust
Mar 11
108% Jan
7
10
No par
Industries
Chemical
573/4
%
*1003/4
19%
350
80
*90
11%
*35
8
20
Nopco
Nov
106
11 Va May 19
preferred
cum
Noblitt-Sparks
Sep
Aug
25%
21% Feb
19
Corp—
22
109 7/a
46% Feb
60
Gas
&
100
120%
25%
7%
92
$3.75
Elec
300
240
*119%
25%
73^
101%
11
36
*7%
25
73/4
*100%
11%
13%
120%
25%
20
7%
*119
50
State
46
240
92%
20%
13%
240
563/4
56 3/4
21
35
240
21%
57
20%
Y
39%
*38
25
8
923/4
1003/a
46
.
39
73/4
91%
73/4
92%
*100%
46%
39
119
25%
77/a
92%
*11%
100%
*45
240
119
121
25
IOP/4
100%
♦
46%
240
12%
323/4 Jan
Dec
Dec
9
No par
NY A Harlem RE Co
Oct
16%
104
19
May
May
18% May
80
May
No par
preferred
non-cum
Feb
$ per share
13
July 15
12
N Y Power & Light 3.90% pfd_100
N Y Shlpbldg Corp part stk
1
N
40
57
1013/4
*11%
100 %
*45%
*38
25%
*90
100%
46%
40%
238
121
25
12%
46%
240%
♦119
*11%
*38%
40%
239%
;
$5
...
Corp
183%
10
July 25
38
27
32 y8
100
18% Feb
107
May 20
May 21
173/a Jun
No par
Louis Co
Jun
f per sharp
24% Feb 17
July 14
96
No par
100
N Y City Omnibus
New York Dock
—
11%
Brake
Central
preferred series A
6%
700
—
Air
N Y Chic & St
1,300
24%
57%
255
preferred—
100
Newport News Ship St Dry Dock—1
York
*20%
*103
24 %
York
26
♦232
35 y2
1
34%
117
14
104
10
New
58
*13%
pfd-100
New
♦53
13%
Pr & Lt Co
Mining Corp
Industries
1,500
*20%
13%
X102
16,000
13%
1
4%%
1,200
40%
29% Aug 22
1
100
147/a
33%
118
Newport
20
20
40%
14%
33%
118
Newmont
300
27%
common-No par
(J J)
preferred
New Jersey
39%
27%
18% May 19
13% May 29
105
Feb 13
Co
Highest
f per share
serial preferred—100
conv
33/4%
150
*39%
•
97
20 3/8
120%
13 3%
97
4%%
Newberry
1,500
f per share
No par
Corp
Neisner Bros Inc
800
29%
*103%
109%
*39 %
25
16
109
29%
Year 1946
Lowest
Lowest
Par
Nehl
1,500
Range for Prevlona
Range Since January 1
Highest
EXCHANGE
Shares
21
*106
29%
*96
EXCHANGE
CLOSED
*203/4
STOCK
NEW YORK
tfca Week
t per share
21
30
30%
*104%
*107%
Aug. 22
♦106
109
30%
Monday, August 25, 1947
RECORD
Salea tor
Friday
Aug. 21
* per share
20%
303/4
Thursday
Aug. 20
21
♦104 %
STOCK
CHRONICLE
STOCKS
Wednesday
>
16%
16
YORK
FINANCIAL
LOW AND HIGH
SALE PRICES
Monday
Aug. 18
I per share
&
18
Feb
1
38% July 24
108
Feb
19
16 VB
Deo
41
Jan
29%
Sep
Sep
36
Deo
110
Feb
Oct
136
May
Feb
102%
123
l"o~
May" 16
95
Aug
4
18% Jan
2
17% Mav 19
165
171
Aug
1
143/a
102
Aug~15
7%
Sep
15%
Mar 29
89%
Dec
27% Aug
1
263/4 Feb 10
17 Va
Nov
26% May
Xl6%
Deo
30
Feb
197
July
202
May
200
Nov
210
Mar
169
Aug 22
'Jill
-Ion
*|
106
Feb
''
Volume
166
Number 4623
THE
COMMERCIAL
&
FINANCIAL CHRONICLE
(773)
NEW
Saturday
Monday
Aug:. 16
i
Tuesday
Aug:. 18
9 per thar§
38
i
136
75%
76
77%
77
♦13%
14
*13%
170
29%
11%
111/4
76
28
28
11
*161
11
*
27%
*10%
24%
24%
24%
23%
23%
24%
24
14
24
14
13%
14
Wi
11%
11%
•37
II %
*38
40
66
11%
*96%
11%
40
38
65%
66
24%
25%
97
*961/4
371/4
108%
108%
117
117%
117
118
129%
130
129
129
142
141%
112%
1121/4
142%
112%
23
142
*111%
56%
108
57
26%
108%
31
►22%
8%
8%
*75%
33
•
27
36%
27
36%
36%
36%
20
20%
*193/4
37%
x45%
14%
*36%
13
*12
♦97
118
119
*24
12
•73
12%
74%
16%
*73
16%
16
•993/4
101
*993/4
313/4
32
31%
51/4
13%
♦99%
5%
5%
•5%
5
5
*5
11%
27 Va
*11%
ll7/a
26%
27%
112%
27%
•112
112%
20%
*112
20%
•107
20%
108%
7
♦107
*104
A: 7%
221/8
106
•10%
39%
7%
21%
22
•104
40
49%
49%
103
103 Va
40%
49%
40%
40%
16%
16V2
16%
29%
29%
♦29V4
50
103
*21
16%
6%
6%
20%
20%
*20%
21
57%
*20%
57%
*55%
.*20 %
207/8
57 Va
20%
♦20
Saturday
20
Tuesday
Aug. 19
Aug. 18
9 per ehare
21
7%
22,400
21%
21%
1,300
106
5,000
60
100
103%
X20%
20%
1,300
16%
2,300
293/s
161/2
29 3%
6%
6%
-
6%
400
200
6,000
21
*20%
21
57
57
*20
200
*56
58
500
20%
500
20%
20
1st
non-cum
2nd
9 per thare
Wednesday
Thursday
Aug. 20
9 per share
Aug. 21
9 per share
9 per thare
45%
45%
9%
45%
9%
31
32%
30%
31%
10%
10%
10 Va
10%
96%
961/4
*95%
24%
24%
24%
9%
STOCK
•114
EXCHANGE
9%
114%
*8%
CLOSED
1141/a
X45%
9%
9%
30%
31%
31
10%
10%
45%
10%
96
•95%
24%
Friday
Aug. 22
pfd
24%
•114
114Va
24%
1143/a
8%
*47
8%
8%
8%
30 Va
29%
29%
48
103
*46
103%
*99
15%
15%
17%
15%
*96%
17%
47
17
47
♦46
103%
*99
15%
17%
98
16%
29%
46%
Manufacturing
Conv
pfd
3% %
Remington-Rand
Co__No
new
Republic Aviation
Republic Pictures
*6Va
*6 Va
6%
39%
*6 Va
6%
38%
12%
12%
38%
39%
Xl2%
39%
12%
12%
12%
8%
11%
•107%
24
1 '
$1
conv
Reynolds
Metals
conv
Oil
Ruppert,
9i/a
8%
12
9Va
•8%
11%
11%
107%
24%
24%
*107%
35
34%
•22%
81
17%
*13
.
'
'*
5
5
•37%
37%
•44V4
46
16Va
*81%
18
*51%
53%
35
102
102
13
12%
12%
32%
♦12%
32
32%
321/4
4%
4%
4%
37%
*44%
37%
7%
46
16 Va
•80
•
17%
53
35
*101%
7%
7%
46
16
17%
'
53%
54
35
34%
102
*101%
♦25%
26
26
26
16%
16%
16%
16%
16 3/4
26%
16%
4%
43/a
*6%
6%
52
19%
423/8
423/4
180
180
32%
32%
23%
23%
44%
For
footnotes
see
45
page
6%
•50
19%
19%
41%
♦180
32%
23%
44%
23.
6'/4
52
20
42%
181%
32%
23%
45%
4%
6%
•51
20%
41%
*180
31%
43/a
4%
6%
6
5P/4
52
201/4
42%
181
7%
*4%
4%
800
38%
38%
1,400
♦44V4
46
Bhattuck
Sheaffer
Shell
(W A)
Union
Oil
20%
413/4
180
3,900
56
56
57
35
102
1,300
Smith
35
25
43/a
6%
52
21
41%
180
4%
6'/4
16%
21,500
4%
2,700
South
6%
1,100
South
21
22%
41%
42
♦176
180
200
13,100
3,100
190
O)
(A)
A
3%%
300
52
(A
Smith
273/4
52
38
171/s Aug
12%
Oct
31
25
Oct
20% May
44
Apr
13% Feb
30% Jun
Feb
10% Mar 31
24% Mar 31
6%
108%
Oct
17
Oct
40%
Sep
65
21%
60% July 28
26% Feb 21
Feb
Jun
Oct
34%
May
Jan
Smith
Bocony
5%
cum
A
Jun
9
17
41% Mar 14
14% May 19
90
Jun 26
9 per share
9 per thare
65% Jan
2
45
Sep
12% Jan
2
11%
Dec
12%
Deo
Aug
8
11% July 17
98% July 24
May 19
7% May 19
23% May 17
Highest
9 perthare
30%
Deo
33
Deo
33
26V4 July 17
22
Nov
Sep
116
9% Nov
18
Jan
Nov
100
42
Oct
61
100
Aug
July
Dec
110% Jun
95% Deo
102% Nov
4
11% Feb
8
55% Jan
2
63
49 V8 Jan
7
9
May
110%
114'/a Mar
18 Va Jan
64
34% May
Mar
20
88% Mar
3
15
42
Sep
Sep
37%
55
77%
23
Feb
23
Oct
39%
Apr
Mar
8
Feb
17%
5% May 17
33% July 24
10% Feb
6
30% May 19
11% May 14
40% July 14
16 Va Feb
8
10%
Nov
8% Aug
8
10 Va May 19
I6V4 Feb
13 Va
Nov
12%
Oct
5
No-par
1
107
Mar 12
20% Apr
15
11
18% Feb
110
Jan
7
27% July
6% Nov
35% Nov
105
1
17%
18
Dec
Oct
Jan
17% Feb
48% Apr
23% May
22% July
24%
Jan
113% May
32% Apr
No par
36
23 Va
Oct
18
May 19
33% Jan
6
23
Jan
75
Jun
39% May
82
Feb
19
77
Jan
16
May 16
21% Feb
18
17%
Sep
11% May
t«% Apr
1
A
24% May 19
No par
No par
No par
ser
12
Jun
22
10
15
3
20
Feb
Feb
40%
Feb
24% May 19
6% May 19
4
Apr 14
27% May 19
39
Apr 22
14
May 19
34
NOV
•6% Jun
38%
Jan
61
16% July 23
15
Oct
20% Jan
15
65
Mar 15
86
64
Jan
85%
20
15
May 20
20% Feb
13
14
Sep
27%
Feb
__10
38
60% July 11
42
Oct
II
Jan
98
102% Jun 30
1
>.
Steel
5
No par
No par
Corp
Steel
A
Iron
Corp
Sons
Carpet Co—20
preferred
Corona
Vacuum
Am
Range for Previoas
Year 1940
Lowest
13
l
Gold
100
Typewriter_No
Oil
A
Co
Inc
Platinum
Carolina E & G Co
preferred
par
15
1
7.50
50
Southeastern Greyhound Lines
5
South Porto Rico
Sugar
No par
8% preferred
Southern California
31%
32
31%
23
23%
23%
23%
43%
23%
44%
235/a
43%
44%
2,300
44
44%
Southern Natural Gas Co
7,800
Southern
800
Dec
24% Feb
1
31%
31%
Feb
Nov
19
11% May 19
39% May 17
Pen Co
A
17%
16%
43
100
1031/4 Aug 13
No par
Saw
Sinclair
17%
160
Feb
Feb
25% Feb
1021/4 July
&
Simmons Co
Simonds
2,100
50
104
5
Corp of America
King Coalition Mines
Silver
17%
102
29
14
1
Sheraton
Bkelly Oil Co
Bloss-Sheffleld
*26 3/4
Jan
28% Feb
46% Jun
80% July
26
3
Oil
16%
♦101%
Sep
No par
(Frank G)
80
163/4
Nov
96% May
Co
pref
I6V4
26%
12%
36%
441/8 Feb
No par
Dohme
conv
80
300
7
18% May
Jan
45%
136
No par
100
Corp
A
16%
19,200
16% Feb
14
96% Jan
common
81
25%
•50
7%
200
6,600
2,000
46
16'/a
*79
.
4%
13
32%
300
38
♦44
Va
82
17%
7%
4%
38
163/4
43/a
Rubber
Inc
$3.50
25%
43/8
Selberling
Servel
Sharpe
17%
Apr
31% May
110% Jan
Sep
Sep
20'/a May 19
5
Beagrave Corp
Sears Roebuck A Co
Seeger Refrigerator Co
100
17%
105%
Feb
118
9% Oct
28
pfd-100
cum
Seaboard Air Line vtc
5% preferred series A
Seaboard Oil Co of Del
1,100
17%
97
Jan
18
Xll0% Jun
100
23
*17%
40%
Oct
Sep
Sep
124
16
1.75
pfd
79
37%
102
30
cum
*221/4
4%
37%
102
600
3,800
Oct
18
27
19
93% Jun
(The)
*76 %
32 V*
353/B
107%
pfd
Scovill Mfg Co. 3.65%
Scranton Eleo Co
77
•12%
53%
107%
9%
12'/a
107%
24%
107%
,_No par
-No par
cum
77
22%
7%
35
*9
$3.40
Co
221/4
13%
♦51
12%
11%
Paper
4,200
331/4
16%
35
39V»
12%
21
Apr
17% Feb
21% Feb
Oct
24%
100
A
Corp—,
8,700
7%
18%
38%
Bcott
Distillers
25%
33
•18 1
1,200
-L21,900
1,900
6%
24%
Dec
2
17
5
35%
22%
81%
18%
30
'/a
7
13%
1131/4 May 28
24% Feb 16
110
Apr
7
11% Feb
8
5% May 19
5
35%
17%
16
300
106% Apr
34% July
7% Nov
Jan
9 Va Jun
100
24%
79
81%
3,000
Oct
3
Jan
125% Jan
45% Apr
27% May
101
May
Oct
20
39
5
Corp
24%
*77
•44V4
17Va
Bchenley
3.35%
47
40
18
stores
Arms
35%
22%
•17
16%
16%
♦45V8
800
10
preferred
24%
17
83
15%
98
5%
Savage
34%
81
7%
99%
15%
*96%
Safeway
series
34%
•13
33%
7%
*99
130
pfd 4.40%
24%
17
14
32%
9%
12
104
Deo
100
32% Aug 12
I per share
No par
100
$4.50 preferred
Shamrock Oil A Gas
Sharon Steel
*77
17%
♦102%
100
1st
34%
22%
•77
47
74
2
Lowest
Joseph Lead
24%
t
35%
23
8,800
47
15%
*8%
11%
22%
29%
12%
*107%
20
29%
12%
11%
3,300
4,200
38%
9%
24%
9%
*6
107%
34%
24
30
11%
24%
90
6%
39%
107%
107%
953%
114
18
Sep
Aug 11
Range Since January 1
Highest
EXCHANGE
953/4
9%
Nov
Jan
Feb
Jun
31
Apr
112% Feb
16% Oct
Dec
14%
84% Feb
187/a May 19
Shares
10,700
114
Dec
9
13% Jan
NEW YORK STOCK
the Week
-
33%
STOCKS
10%
9%
39
Sep
76%
May
Apr
63%
46%
Nov
4
§
Jacob
15
12%
26%
17
23% May 16
6 % Aug 21
20
May 19
42% May 19
-
Oct
99
15% Feb
1
No par
Royal Typewriter
Ruberoid Co (The)
Sep
Sep
36%
4
307/a Feb
May
May
36% Apr
45
May
100% Jun
19
Apr
1
Nov
16%
11
30
9
No par
No par
32%
40
8
102
May 17
90
100
Company
Roan
Antelope Copper Mines
33
July 25
29% Feb 13
May 19
103% My 28
-.7
May 13
10
series
49% Feb
Sep
17% Feb
14
1
Corp
Deo
17%
125
13
19% Jun
Feb
32
14
16% Feb
9
Jun
112%
10
7
5
100
100% Deo
Jan
14
9% Jan
8% Feb
11
10
Preferred 3.60%
Rheem Mfg Co
96% Mar
28% Apr
22% May 19
110% Jan
3
2.50
B
19
Deo
Oct
.Feb
108 Va Mar
4% May 19
-No par
Common
NOV
38% Feb
24
May
24% Jan
100
Co
41
15% Aug 14
No par
preferred
i
76%
15%
27% Feb
3
Jun
100
10
Reynolds Spring
Reynolds (R J) Tob class
Richfield
Ritter
Mar
72
—No par
A
100
8% conv prior
pfd ser
Revere Copper & Brass
5%% preferred
Rexall Drug Inc
I
22% July 25
48% July 25
39
July 14
187/a Feb
1
500
_
preferred
■10%
29%
*6Va
M% Aug
2
105% Mar 12
1
Republic Steel Corp
10% Feb
80% Feb
15% Jan
May 17
20% May 21
11% May 28
1
Corp
St
17
Jan
28% May
115% Jun
38% Peb
Feb
85
100
St L-San F
Ry Co com vtc
Pfd series A 5%
St. Regis
Paper Co
47
19%
16% May 17
25
8,700
17
29
13% Jan 17
9% May 17
.
2,200
♦46
30
Feb
Mar 14
41
common„50c
-9,200
16%
39 Va
•29
19%
Jan
139% May
Oct
100 % Apr
9
11
May 16
preferred
9%
99%
126
Sep
34% May 22
par
series
31%
98
115% Jan
Sep
30
5
45%
46%
29%
6%
45%
1143/a
*96%
117% Feb
69% Jan
107
100
24%
15%
1
150
47%
4
50
50o
95%
*99
15%
•963/b
46%
29%
993/4
15%
98
•46%
104
Jun
Nov
May 28
28% May 19
17% May 19
351/2 Jun
9
(Robt) A Co 1st pfd
10"0
Reliable Stores
Corp
__Nopar
Reliance
9%
29%
29%
*46%
47
*103
104
119%
17
50
preferred
31%
8%
47
♦103
99%
*99
98
29%
47
103%
99%
*96%
*114
83/4
29%
Jun
112
283/4 July 25
102
1
9%
24%
30%
Sep
106
Sep
114% Aug
36% Feb
7% May 19
No par
_
31%
10%
95%
Sep
103
109 V4 Jan
Apr 15
10% May 21
100
Reis
Bales fsr
f per share
45
9%
96
30%
30
45
Apr
May
105% May
41
July
Aug
5
120% July 17
130
Aug 18
146% July 9
70
For
45
Feb
71%
Oct
May 19
20
par
preferred
Real Silk
Hosiery
Preferred
Reeves Bros Inc
5%%
*48%
♦102%
21%
*203/4
20%
3,400
50
6%
57%
203/a
108%
*104
50
163/4
3
111
Feb
67
Deo
31
17%
.8
61% Feb
50
non-cum
4%
200
16,100
7%
103%
21%
6%
57%
20%
*107
30
6%
ll3/4
273/8
1123/4
11
*16%
98%
21
114% Feb
LOW AND HIGH SALS
PRICES
Menday
Aug. 16
6%
11%
27
*112%
41
*29%
25% Feb
2
1
Motors, Inc
2,500
3,500
11
16%
16
Oct
Feb
63%
Oct
102% Feb 13
38% Jan
2
24
25
25
27%
30
Nov
17
Jun
July
29% Aug
Dec
53
Jan
25
4%
$4.50
Reo
1,000
40%
30
*291/4
5,300
40%
*102%
21%
16%
30
*6%
400
11
*49
103
5
7%
21%
*10%
21%
5%
106
11%
103
21%
5%
20%
*104
♦10%
49%
103
31%
5
108%
*21%
106
11%
38
Nov
22
Sep
14% Oct
11% Nov
2
Jan
31%
20%
•
m
teay
200
Oct
32
51 %
It
Reading Company
■**
101%
31%
27%
112%
20%
*107
7%
40%
40Va
21%
20%
7%
*100
12
263/4
108%
*107
106
♦10%
*49
21%
♦112%
7%
22%
•104
11%
27Va
112%
20%
100
12%
16
5%
*11%
26%
•112
90
74%
15%
5
'
11%
.
108%
71/4
227/a
22%
5%
*11%
20%
*11%
*73
5
900
25
123/4
31%
5%
13%
118
*24
101
5'/a
-
101
13%
118
16
31%
19
17
May 19
21% May 19
106% Jun
2
Corp
82 preferred
100
100
74%
15%
♦100
Oct
67% July 17
110% Jun
No par
Raybeatos Manhattan
Rayonler Inc
200
14
*97
24%
*11%
313%
45%
38%
13%
♦73
101
♦31
*43%
118
74%
16
5Va
5
13%
Ref
Ralston Purina Co
3%%
900
♦36%
101
24%
20%
*12 Va
14
♦116
Oil
Nov
32% Jan
127
100
No par
Corp
34%
17
May 28
*
preferred—No
3,900
2,100
11%
15%
5%
11%
26Va
37
*20
*97
Feb
Oct
13
3
100
Radlo-Kelth-Orpheum
300
26
37
20%
37
13%
*73
313/4
33'/2
46
25
11%
101
33%
37
118
*24%
130
33%
26%
36%
♦12%
43
92
12V4 NOV
13
117
No par
Radio Corp of Amer
83.50 conv 1st
400
9,300
104 %
♦44
37%
118
25
*11%
74%
16
14%
118%
118%
25
11%
46
19
Deo
200
28
Feb
"*eb
96%
12%
261/8 July :;s
24'/4 Jul.\ ?.i)
16
141
Nov
68%
23
18% Feb
Oct
59
Aug 22
103% Apr 24
109% May 14
No par
No par
preferred
Bakeries
Quaker State
11,600
11%
19%
101
14%
8%
75%
11%
36%
14
101
♦44
8%
75%
104V4
26%
conv
Purity
200
104%
20
13
*37
14%
•24
26%
♦97
14%
101
104%
*33%
500
Jan
100
preferred
6%
Feb
100
Pub Ser El A Gas
pfd $5
Pullman Inc
Pure Oil (The)
100
Jan
22%
20
21% Jan
No par
14
Oct
14% Jan
30% May 19
com__No por
Deo
30
17
93% Jun
Jan
7%
200
19
May
May
57
May
153/4 May
48%
9%
103
84% July 24
17% Feb
7
5
34
5
preferred
8%
13
Apr
< per thare
Sep
14
130% Aug 11
78% July 24
17
9
50
No par
of N J
22
193/4 May 19
11% May 17
No por
1
Inc
preferred
1%
10Q
22%
21
30
13% July 25
19
Jan
1
9% Feb
Highest
$ per share
R
8%
76%
11%
11%
33%
26%
36%
453/4
37%
37%
•97
•33
22%
B
Car Co Inc
preferred ser A
19
10%Jun
1
preferred
20
22%
•76
105
333/8
20%
•13
11%
$5
1,400
10,000
31
1
s
Steel
6%
571/4
*1083%
*30%
100
Pocahontas
490
27%
108%
pfd
42% Feb
10% May 19
171
May 15
17% May 16
0
710
112%
57
100
Co
Pub Serv Corp
670
129%
263/4
31
8%
76
11%
105
22 %
67
$4.75 cum preferred
No par
Public Service Co of
Colorado
20
3,200
3,300
142
56%
*223%
8%
76
11%
1053/a
26%
46
22%
8%
33%
36%
20
26%
108%
*22%
373%
May
8% May
Apr
59 % May
114
100
(The)
class
Year 1946
Lowest
f per share
21
7
100
Va
Ash
32% Apr
100
pfd
pr
Procter A Gamble
Publlcker Industries
160
*111%
112%
26%
77
11%
27%
♦44
*111%
56%
8%
•105
33
56"%
31
3,700
4,600
*141
26%
30%
66%
243/4
97
22%
142
*1083/a
4%%
129
261%
*1081/4
108%
303/4
Co
Pressed
200
1093/4 109%
117% 118
129
X561/4
22%
77
12%
105%
143
112%
A
2,300
373/4
22%
128%
Poor
111/4
96
110%'
117%
Co
Creek
37'%
24%
97
117
2,000
Pond
11%
37%
142
*142
*111%
31
8%
77
11%
•1043/4
109
117%
1291/a
14 J/4
66 '/a
25
96i/4
37%
1093/4
109
800
A
conv
West
Plough Inc
Plymouth Oil
800
37%
22%
117%
26%
►22%
11%
A
B
class
ser
Young &
Plttston
400
24%
14%
1st
Pittsburgh
Pitts
5,200
Co
class
preferred
5%%
100
Steel
preferred
5%
40
10%
24%
24%
66%
24%
,
23
129
1083/4
*30%
23
22%
57
26%
108%
25%
490
169
10%
39
65%
961%
37%
.373/8
109%
56%
26%
•108V4
30%
37%
23
223/4
11%
*37
1%
14
*24
14
Pittsburgh
I per share
10
No par
No par
Pitta Screw & Bolt
1,600
30
24%
Pitts Plate Glass Co.
2,700
78%
29%
24%
3,900
Range for Previons
Range Bines January 1
Highest
Lewest
Per
78
*161
U
24%
13%
38
96 %.
37%
*10%
24%
66
243/4
97
37 %
22%
29
11%
65%
66%
25%
9S
169
28
24%
24%
133/4
*13%
*77%
♦12%
*161
11
241/4
78%
STOCK
EXCHANGE
136
77%
14
NEW YORK
Shares
9
*125
STOCKS
Sales for
12%
78%
*13
27%
*24i/4
8%
RECORD
thoWoek
37%
12
136
76%
78%
169
373/4
12
125
77%
I31/4
13%
170
11%
751/4
*77
14
*161
28 y2
CLOSED
12
STOCK
9 per thare
371/2
8%
8%
136
77%
•161
KXCHANQI
12
76
77%
37
8%
*125
136
Friday
Aug. 22
Aug. 21
9 per thare
37%
*8%
121/4
*125
75 %
STOCK
37
8%
12%
Thursday
'
• per thare
38%
8%
12%
•125
[1
38
8%
12 %
Aug. 20
I per thare
381/4
8%
Wednesday
Aug. 19
9 per share
■;
YORK
LOW AND
HIGH BALE
PRICES
Pacific
Co
100
Edison
25
7.50
No par
May 20
29% May 19
Apr
2
24% July 1
13% Mar 14
3 %
May 20
6
Aug
4
51
July 15
14% May 28
37% May 19
154
May 19
30% Apr 25
22
July 29
34% Apr
19
July 17
9% Feb
17
6% Feb
8
41
Jan
7
51
Feb
21
39
July 28
Jan
23
27%
Feb
43%
8
Deo
5%
Oct
17% July
14% Feb
33
35% Nov
Jun
May
Jun
15% May
July
May
99
Dec
108
6
29%
Sep
48
July 11
5Vi Feb
8
13 Va
Oct
18%
4%
Sep
8% May
9
7Va
Deo
9
Nov
35% Jan
17
8% Jan
64% Apr
22% Jan
56
Jan
Jun
62% Deo
13
Nov
7
20%
Deo
22%
Deo
18
48%
Sep
89%
Feb
9
181
Aug 15
34% Jan
7
281/b Feb
4
47 Vi Feb
8
167
Deo
30
Sep
22% Jan
38% Oct
193
May
39% July
33% May
70
Jun
EL
21
22
NEW
RECORD
STOCK
YORK
Monday, August 25, 1947
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
(774)
Range for Previous
STOCKS
IfttsrJfty
A11 g.
9 per shun
Aug. 19
Aug. 18
16
Wednesday
Aug. 20
Tuesday
Monday
I per share
1 per share
9 per share
f per
39%
40
39
40%
37%
39
37%
68
68
67
67
67
67
♦65 Va
*79
81
*79
5 Va
18%
5
5 Va
5%
81
*79
81
18%
18%
18%
V*
18 3/a
5
5
81
*79
18%
18 3/a
*65%
68
4%
*79
18-%
*18
.
68
84
1,400
18%
5
1,500
26 3%
26 3/a
18
18 Va
18 3/a
18%
12
12 3/a
12
12%
Va
78
77%
78
18 3/a
12
12
:5,200
78
250
Conv
3,100
Square
16%
16%
16%
34
32%
32%
*31%
112'/a
112 Va
*1113/4
*112
31
30%
31%
*100
*100%
102
27 Va
27
28%
100
112%
*
100
31%
101
17
32
*111%
112%
300
'
112%
31%
30 Va
30%
4,600
*100%
1013/4
100
26 '/a
27%
*98
■'
14,500
26%
27
97 Va
27%
97%
100
D Co
Squibb (E R) &
*111%
112%
112%
109
110%
5^%
58%
59 %
58%
58%
58
V*
58%
58%
58%
11,200
40%
40 Va
40%
40
40%
39%
40%
40%
41%
21,900
78 Va
77 Va
78
76%
773/4
76%
77%
77
77%
12,800
313/a
10,800
*111
112%
*110
110
110
•
31
31 Va
31%
31%
31%
•103 Va
104%
*103%
104%
♦103%
104%
13%
13%
13 Va
13%
13 3/a
13%
44 Va
44%
43%
30%
*104
13%
30%
31%
*104
104 Va
13%
13%
.
$7
500
500
Sterchi
104%
13%
44%
43
*44
44%
44
44
*44
*42
43
*42
44
42
3,300
500
45
43
♦44
43%
31%
42
•
*14
14%
14
14
14%
*14
15
14
14
39
39%
39
39%
*39
39%
39
39'/a
39%
39 Va
•103
103%
*103
103%
*103
1033/4
*103
103'3/a
14%
prior
Standard
Oil
Oil
Calif
Indiana
of
Standard
of
Stores
Bros
*103
1,700
103 3/4
•
Sterling Drug Inc
3%% preferred
15%
15%
15%
*15%
15%
15%
15 Va
15%
15%
1,200
Stewart-Warner
19%
20
19
19 3/a
19 Va
193/4
19%
19 Va
19%
20
5,200
Stokley-Van
20
20
♦20
20%
19%
20
20
20'/4
193/4
19%
800
13%
13%
13%
13%
13%
13%
13%
13%
13%
13%
1,800
22 Va
22%
21%
22%
21%
22%
21%
22%
21%
22
13,600
12%
12%
11%
12
11%
117/B
11%
11%
11%
12
1,700
„
*105 Va
106%
*105%
106%
*105%
106%
*105%
106%
*105%
♦53%
54%
♦54%
54%
x54%
54%
*54%
55%
122%
54%
122%
11%
11%
11%
40%
40%
40-/4
122
•122
*122
123
11%
11%
11%
40%
39%
40
11%
*39
39,000
Sunray
40
39
39%
9%
9%
9%
9%
18%
18%
18%
18%
♦115% 120
*115%
*115
*115
120
120
*115
"
41
41 y4
41%
41%
18
18%
17%
17%
33%
34
33%
34
23%
23%
23%
22%
22%
22%
101
101
6%
•10%
*5%
6%
11
*10%
5%
Oil
(4%%
Sunshine
Mining
.1,300
120
•
17%
Inc:
Biscuits
Sunshine
42%
19
19
1,500
33%
34
33%
33%
33%
34
4,400
Swift
&
23 %
23%
23%
23%
23 Va
3,800
Swift
International
22%
22%
22%
22%
22%
2,000
Sylvania
1*101
102.%
6%
*10%
101
6%
6%
10%
102
"23%
23
101
6%
11
*10%
Va'
40
6%
1,300
11
400
4%
4%
5%
5%
5y8
5y8
700
19%
19%
19%
19%
19%
19%
19%
2,600
62%
62
Steel Corp:
__
7,600
Texas
271/4
26 Va
27
28%
7,800
Texas
Pacific Land
49
49
48
48
49
49
49%
49%
48%
48%
500
Texas
&
16 Va
16 Va
4,400
*56%
*15
57%
200
15%
16%
16%
15%
57%
*56%
57%
*56%
*15
16
*15
15%
57%
16
16
16
57%
57%
16%
56%
♦261/s
20%
20%
107%
107%
108
20%
17%
11%
11%
6%
108%
15
*15
7
6%
108%
♦107%
107%
101
4%
26
108
26
21
107 y4
21
21
26%
26%
*34%
34%
34%
*35
103 Va
103 Va
*102
38
38
14%
14%
107
•
"103
9
38
39
14%
8%
14%
*38
14%
104
8%
*8%
'38%
38%
♦14
14%
%
21%
9
26%
1,300
16,300
36
Products
$3.50
Tide
Associated
Detroit
1,200
Aug:. 16
9 per share
Monday
Aug. 18
I per thar§
Tuesday
9 per aft are
Aug. 21
Friday
Aug. 22
f per ikan
« per ehere
Truax-Traer
20th
Cen
Twin
Corp
Sep
21
Aug
31
Sep
41%
Feb
25% Nor
36 V4
Jan
19 Va
41
Feb
Nor
Nor
101
7% Nor
f
Feb
17
68% July 28
9% Mar
17% July 28
109% Aug
16% Jan
19% May
Oct
32%
14 Va
Oct
26% May
Sep
65
8
58% Feb
35
21% Feb
13
47
13
13
Jim
May
13 V*
Sep
1
Sep
18
Sep
61% July
Sep
30 Va May
16.
Dec
18% Nor
11
14%
Oct
21% May
59% Jan
May 21
30
38 %
Oct
69%
Jun
Oct
112%
Jun
Oct
13%
106
1
22
May 19
15% May 19
21% Feb
51% Feb
10% May 17
15% Jan
5
13% May 17
22% Jan
19% Feb
May 13
101
Jun
15% May 19
38% Jan
8
Oct
2iy8 May
Deo
71
Deo
33%
Oct
12%
105
Sep
16
Sep
6
37%
Oct
Nov
114
Jan
Feb
Jan
Mar
22% May
63% May
34% Aug 21
48
Jan
6
46 Va
6
104
Jun
27
102%
Deo
Feb
11
11%
Oct
24
Apr
51% Feb
18
43%
Deo
71%
Apr
11% Nor
86%
Jan
102
Jun
16
7% May 13
No par
50
37% Aug 22
1
9% May 19
—
Jan
5%
22% July 24
25% Aug
Jun
66Va
14
7
No par
26%
Oct
18%
20
No par
Feb
Oct
13%
3
Corp
112
Nov
16 Va
I'
73/4 Feb
2
Jan
Apr
38%
4
13
112% Feb
5% May 19
1
Jan
68
24%
99%
24
No par
Oct
32
,17% Nor
July 25
108% Feb
2
5%
3
39% Feu
May 19
102
Mar 10
7% Feb
3% May 17
14
17%
16% Feb
May 19
102 y4 Jan
9%
22% July 25
4
—
YORK
Jun
21
18
Sep
28% July
16
18
60%
46%
July 24
40% May 13
;
-
Co
NEW
14
59% Feb
20
No par
—
Fox Film
Coach
Sales fee
.
Apr
13%
2
St'l
Tri-Continental Corp
$6 preferred
the Week
I per thare
55 Va
16
18
No par
5
—
STOCKS
Thursday
Wednesday
Aug. 20.
Aug. 10
Deo
Jan
10% Feb
13
98
No par
14%
May
38
104% Mar 11
13
38
No par
14%
23
19% Nor
5
No par
Axle_
Williams
&
LOW AND HIGH SALS PRICES
Satnrdny
L
preferred
pfd
Twin City Rapid Transit—
5% conv prior pfd
270
160
7
Mar
24% Feb
10 Va Aug 12
—No par
Oil-—10
-
preferred
'1,000
Oct
102
July 25
47
18
18
16% Jan
-_No par
preferred
cum
Water
prior
37%
128
Jan 13
12
j-1—25
com
No par
———100
$4.50
37%
38%.
14%
24
Apr
35% May
52% Jun
1
(The)
R)
$1.50
8%
Oct
Feb
Feb
100
103%
8%
66% Aug
Oct
17%
Jun
100
.
Sep
10%
17
70
Thompson-Starrett Co
Transue
22 y4
26 y8
42%
6
23% Feb
20%
Transcont'l & West Air Inc
36%
2
13% Mar
45 Va Jan
4
Oct
1,200
27%
Jun
May
Oct
1,400
21%
14
Sep
15%
21%
Oct
48
11%
26%
7%
12Va July 28
May
124% Aug
10
15%
80
Apr
15
5
11%
5,300
117
July 10
May
13
15%
6%
123
78%
14% Feb
11%
27%
*8%
Co
(J
preferred
$3.75
108%
Sep
60% Feb
15%
21%
*103
4 %
270
6%
61%
24 %
110
13% Feb
11%
*107
75% Mar 24
-
6% Aug 21
Roller Bearing
tTransamerica Corp
108
28
Sep
Corp_No par
Transit
Timken
103
Nor
May 19
Timken
6%
12%
103%
38% July
Oct
3
17
11
9% May 19
1,700
108,%
18 Va
15% Feb
49% May 17
2,000
6%
Apr
1
17%
6%
Feb
23%
50
preferred--
46 y4
21%
9
Steel
Thompson
107%
17%
23
Oct
13% May 19
-No par
common——j
conv
17 %
*15
Jan
14%
109 Va Apr
26
10
Aug
21
3
19
25 Va Feb
May
26% May
39% May
17% Feb
46
17%
Feb
36 % Aug
41
No par
17%
*15
17
58
15% Jan
,_5
-u
-
:
Co
Avenue
Thomas
Co
46
27%
104
Mfg
pfd
17%
17%
63
Deo
21% Jan
1
45%
*35%
9
6,400
20 %
21% Jan
3
19
19
May 10
10 y8 Jan
100
Co_—
„-
div
Third
100
;
24% Jan
,
13 Va
26% Aug
109%
Oct
Oct
46% May 27
10
Trust
Ry
Glass
conv
Fair
$2%
Oil-
&
17%
28
*103
Jan
19% Feb
55% Mar 14
1
-No par
46
37
37
Pacific
Thermoid
140
900
20%
Pacific Coal
$2.40
.
Sulphur
10
25
—
Producing
Gulf
Thompson
700
4%
*25 y4
20%
27%
21
1,100
101%
4%
•35%
21
21%
101
15%
108
21%
10%
11%
6%
6%
109
.2,800
44
20%
108
15%
*15
21
7
*43%
*25%
11%
15
17%
7
(The)
Gulf
Thatcher
70
*ioy8
4%
20%
700
51
101
26
*45%
10%
Corp
Texas Co
Tho
*50
10%
4%
20%
17%
15%
44
44%
26
45%
10%.
36%
44
101
20%
17%
11%
21
*10%
10%/
27
45%
15%
6%
20%
17%
17
10%
50
7%
*10%
46%
11%
10%
50
10 %
17%
*14%
10%
20%
108
15%
51%
7%
X45 %
♦15
♦15
! 7%
108%
Oct
41 Va
102 V4
2
Aug
July
35%
27%
16 Va
Jan
Jan
26%
20%
Jan
49
Jun
36 y8
*26 Va
18
104% Mar
68 Va
26%
6,500
Jun
13
35%
62%
53%
Feb
27
62%
Sep
52
36%
62%
Jun
25%
35%
4%
May 20
Feb
60
37
43% July 24
Nor
Sep
36%
♦100%
3
Jan
25
37%
7
May 17
July
Oct
Dec
26%
4%
Feb
30
108%
Deo
II
Jan
36
101
20% Mar
6%
28
4%
100%
14%
36 Va
*100%
31% Aug 19
Jan 29
105
6
11%
26%
4%
78% May
9
35%
100%
Nov
15
Texas
4%
61%
7% Jan
Texas
100%
July 24
20 Va Aug
4,700
44%
49% May
80
3% May 16
'1,800
45
Feb
13% May 20
17
45
Aug
Feb
37
5
56
20%
59%
42 Va
July 24
5
16%
*10y4
149%
19
44% July 21
63
9
X55%
10%
Oct
Feb
125
Deo
Inc (James)
Telautograph Corp
Talcott
17
45%
78
Apr
Apr
60% May
Tennessee
56%
20%
135%
2
16%
45%
Oct
13
56%
20%
Oct
70
2
18
28% Feb
17
*10%
20%
Jan
114% Feb
27% Jan
56%
7%
09%
22% Jan 27
56%
7%
55
Deo
20% May 19
97% Jun 25
5% May 19
62%
7%
Nov
98 V4
—i—
xl6%
7%
26%
34%
Inc—-No par
$4 preferred
,No par
Symington Gould Corp
1
Ltd
Elec Prod's
17%
10%
Mar
May
6
Aug 14
28
56%
*51
118
37% Jan
63%
52
55
Oct
9
17
10%
Feb
30% Jun
23
Co
56%
10%
Sep
1
56
*51
Apr
May
15 Va
33%
107%
Apr
17%
10%
24%
5
19
63%
51
Apr
2
55%
%
Apr
109%
14% Jan
17 Va
51
Ja~n
39%
Sep
37% Jan
17% May 20
101% Jan 13
13
May 19
36
May 19
No par
Superior Oil of Calif-—■——25
Superior
63
•10
40%
Nov
102
8% May 19
18%
500
5i/a
16
Deo
14 Va
84%
2
32% May 27
Superheater Co (The)
20
*16
18%
7
4
25
49
Jan
May
July
11
3
10c
i
17%
400
19%
02%
104
18% Feb
11
12;50
-
Co
18
10%
27
Sep
45% Jan
7% Jan 11
*17%
10%
*
Nov
112% Feb
17
17
1
Corp
42
6%
11V*
92
7
13
11
118
100
cum)
42
5
19
pfd
1,800
'
*41%
A
42
•6%
Jan
17% Feb
19% Jun.
—No par
91
6%
13"%
17% Feb
19
Mar 17
10% May
16
May
10% May
105
July
51
May
;—_—;50
Sutherland Paper Co—-—,——10
Sweets Co of Amer (The)—_4.162/3
*101
Oct
90% Feb
Mar 14
13y2 May 17
14% May 19
1
17%
102%
6%
22'/a Feb
102
No par
23%
*101
Apr
8
14% Jan
16
12
_i
—
preferred
2,200
•
10%
19
i7y4
(The)
Corp
17%
42
30%
93% Jan
x35% May 13
20
18
*17%
Nor
4iy4 Jun
-No par
Oil Co
12
9%
17%
Sun
11%
18%
120
16%
31% July 14
3
20
37
1
Chemical Corp
11%
9%
171/4
200
.
Inc
Camp
Studebaker
Sun
Class
18%
17%
63
4
7% Feb
Jun 27
Jun
Jun
May
May
May
Mar
May
Feb
20% Feb
10% May 19
_5
<
Webster
&
80
9%
17%
Jun
96
23% Jan
101% Jan
5
100
prior preferred
123
18%
9%
5%
Stone
*121%
123
19
9%
18%
,■
-1
Inc
common—
Corp
$4.50 series A
106%
*53%
122
90%
Oct
*
15%
Va
Oct
73
26%
97%
17%
81
89
50%
37%,'
No pur
—No par
preferred-prior preierred
$6
No par
25
Standard Oil of New Jersey
25
Standard Oil of Ohio
10
3%% preferred series A
100
Standard Steel Spring
1
4 %
conv preferred
50
Starrett Co (The) L S
-No par
'
767/a
1
No par
Inc._No par
preferred
r-No par
Standard G & E Co $4 pref—No par
300
58%
40%
>
Sons common
$3.50 cum
300
.
64 y4
76
-
Brands,
Standard
8
Apr 17
7iy2May20
13% May 19
32
May 12
109y2Jan 16
1
preferred
$4
50
101%
100
*98
16%
32
30%
101
26%
273/4
98 V2
16%
32
*100%
31%
303/4
101
102
*77
773/4
77
17
*327/a
Jun
Feb
80
25% Aug 11
16% May 19
8
May 1'9
—
preferred
$4.50
65
77
Jun 13
May 19
-No par
—5
Sperry Corp (The)
Spiegel Inc
18%
12%
Sep
15
May 17
4% May 19
5
May 19
1
3,000
18 3/a
I per share
33
-1
1
~—-2
Spencer Kellogg & Sons new
18 3/a-
*16%
111%
No par
1,400
26%
Highest
I per share
a
74
No par
12
,
78
77
26%
Va
J per share
50% Jan
28
1
preferred
15.50
—-
Year 1946
Lowest
57% May 19
100
& Bros Inc
Sparks Wlthington
Spear is Co
26
16%
111%
84
tr ctfs
stk
& Ohio
Spalding (A G)
26%
34
16 Va
*32%
*81
200
8%
8%
9%
84
•
12%
77%
*8Va
*81
19 *
12 Va
CLOSED
5/a
84
*81
26 3/a
27%
18%
KXCHANGS
f
8
8%
9%
84
26%
26%
STOCK
*81
non-cum
Mobile
■
*8%
9%
*9
•81
b%
No par
preferred-,..—100
Railway
Southern
600
>
81
5
5
7,400
38%
38
33%
$ per share
Par
Shares
1 per share
share
Range Since January 1
Highest
Lowest
EXCHANGE
the Week
Aug. 22
STOCK
NEW YORK
Sales for
Friday
Thursday
Aug. 21
15% Mar
0
79
106%
May
Jan
Range for Previous
.
STOCK
EXCHANGB
Range Since Jan nary 1
Highest
Year 1946
Lowest
,
After ee
Par
I per share
Lowest
I per share
J per share
Highest*
9 per share
U
14
14%
14%
14%
13%
13%
13%
•52%
53%
53
53
53
53%
52
10%
10%
10%
10%
♦10%
34%
34%
34%
34%
34 Va
107
STOCK
EXCHANG1
CLOSED
•114
108
115
107 Va
107
107%
11
*10%
34%
34
107%
106 V*
14
14%
35
115
*114
115
*114'/8
106
*104%
108
*104%
108
*104%
108
102%
*102
102%
*102
102%
*102
102%
23
23
23%
22%
*114
23 y4
23'/a
23%
142
142%
141%
142 V*
141%
141%
141%
108%
108 y3
109%
109 y4
109%
109%
110
34 y2
34'/2
*34%
35%
♦34 y4
35%
34%
19%
19%
19%
19%
19%
19
*107
19%
•106
,21
107%
♦107
107%
20 V*
19
19
19%
108
105
21%
20%
31%
32
31%
♦28%
30
♦28%
47/a
5%
*62 y8
62%
4%
*
62 Va
3%
3'%
3 Va
46'/a
7%
46%
46 Va
7%
7%
107%
19
23
107%
107%
19%
19
106
105%
105%
105%
21
20%
21%
*20%
31%
x31Va
30
♦28%
5
*31
31%
28%
29%
4%
5
62 Va
*62 Va
63
3Va
3 Va
3
46%
46%
*
Va
47
*
*7 3/a
8%
*7%
*91
93
*91%
92%
*91%
13%
*13%
13%
♦13
13%
13 Va
*37%
39%
♦37%
39
*37%
39
53%
54%
53%
21%
54
53%
13%
21%
21%
7%
21%
16y8
16%
15%
107%
♦107%
107%
14%
14%
*14%
21 Va
163/,
•i07ya
20%
*106
21
108%
20Va
*106
15
20%
108%
18%
18%
18 Va
18 Va
99 %
99%
98
99
•187%
17
•78%
190
•187%
190
15%
,
54%
21%
16
*37%
53
20%
153/a
'
;
20
2,800
900
:
110
19%
107%
107y4
107%
19 Va
19%
17,600
105%
105%
105%
2iy4
1,000
32
*30%
*28
28%
32
30
*
Union -Oil
Union
5
14 Va
108%
108%
200
United
21
16
*
*106
18 Va
18 Va
99 Va
99 Va
*187%
190
17 Va
*163/a
17%
16%
17
84
*78%
81%
78%
81%
787/a
78%
6,100
;
187 Va
conv.
300
108%
18 Va
100
187%
8
81
$4.50
600
U S
U
preferred
20
17
17
500
*77
78
20
7%
U
8
Gypsum
-
Co
No par
Hoffman
Mach
preferred
110
Oct
168%
26
102%
32
Oct
120 Va Mar
10
Sep
21 Vb Apr
16% May 19
103% Jan 13
July 28
Feb
S
16%
Nor
109
Mar 37
28% Apr
3
120% Apr
1
10
26% Jan 13
32
Feb
8
8% Feb
8
Jan
10
4% Jan
4% May 16
55% Jun
31
83
10
2% May 19
53% Mar 27
46 Va Aug 22
10% Feb
6% May 28
78% May 22
95
Jan
10
2
Deo
37%
119
Feb
Jan
Jan
Jan
19% Nor
54% Jan
13 V*
Oct
40
Oct
17%
Deo
89
44
Oct
Oct
7%
Apr
Sep
Jan
56% July
Deo
16% Aug
71% Mar
105% Aug
8%
Feb
Jan
16
Feb
13
12% Nor
43 Va Jan
2
34 Va
Deo
66
59% July 25
.41%
Oct
63% Aug
May 17
44% Jan
14
•
20% Jun
9
12 Va May 17
104% Jun
12
Jan
17
10
15% May 19
30%
Apr
19% Feb
17
12 Va
Oct
22
Aug
110 Va Apr
12
104%
Oct
110
Jan
24% Jan
0
Oct
21
9%
Sep
18% July
Va Feb
13
15%
Oct
32% Mar
Jan
28
101
Nor
18% Aug 15
11
13
Nor
93
Sep
132
May
*305
Sep
19 % Feb
May 28
12% May 19
106
May 19
107% Feb
187
July 16
196% Mar 29
16
May 17
78% Aug 21
18 Vb
21
86
5
3%
May
11 % May 20
102
100
6%
78
33-
No par
—No par
_20
Corp
101
42%
21%
100
.
preferred
4% *
l
—10
•
Freight Co
S
5
com
Foreign Secur
-
1,400
1
—100
United Paperboard
U
100
Improvement Co__ 13%
■—;
Oct
Jun
May
22% July 25
-No par
United
29
38% Feb
Aug 19
Fdy„I__~Is
Co
United Merch & Mfrs Inc
5,600
111
20% Nor
32% July 23
Cos_.
1,400
_
147
3
Aug 19
H~~3
—ZI~
1
—loo
Engineering &
preferred
15
May 21
28% Jun
\
—
8,700
5%
107%
19% May 28
;
Dyewood Corp
Gas
111
Deo
.No par
preferred
Electric Coal
Fruit
Feb
24% July 28
No par
Corp common
$3 preference
United
Jun
66
6
Apr
May
Apr
113% Jan
111
Jan
'
125
106
Apr
105
Sep
Mar 31
105
'
39
88
•
July 18
120
19
80% May
23%
Jan
Jun
115
14
100
i_
—
16
15
18 Va
Co_.
21
20%
99 Va
preferred
United
107%
14 Va
18
*16%
$3.50
United
54
.—100
Sep
Nor
23
.
106
Apr
30
49
:12
104
20
I
7
83
35% July 28
110% July 11
29
10
Preferred
39
20 Va
98
-_3
..
Inc-
58% Feb
15% Jan
104% May 14
99 Va Feb 14
100
.No par
Corp—
No par
Cigar-Whelan Stores
30c
United
700
*107%
Co„
preferred
cum
Xll2% Jan
-23
:
United-Carr Fast
United
8%
53
25% May 19
89% Jan 15
preferred—; .—100
Lines
Biscuit
2,000
*37%
1. .No par
.No par
United Carbon Co
50
13%
16
20 Va
4% %
United
92%
21 Va
20
Air
46%
13 Va
9Va May 17
California
RR
15% July 23
2
43% May 19
Car
conv
19,300
*91%
53%
*106
5%
3%
*8
8%
14%
8,000
:
12% July
No par
Co_. —5
United Aircraft Corp
United
62 Va
46 Va
13%
107%
100
5
1
———
Rubber
non-cum
Tank
3 Va
46%
39
•>1,000
of
Pacific
4%
Union
62 Va
3 %
93
6,100
Asbestos
Un EI Co of Mo pfd $4.50 ser No par
Preferred $3.70 series—. .No par
Preferred
No par
$3.50
series
800
21%
21
19%
(The)
Corp
Union Bag & Paper
Union Carbide & Carb
400
19%
200
>
Corp
Union
1,100
34%
17%
102
142%
20%
190
20
108
*34
19%
14%
*187%
114 Va
142%
20%
98
102
*109%
14 Va
*17 3/a
114
*104%
34%
*107%
*106
4,400
110
107%
*107 Va
5,100
142
5
92
*91
35
63
46 Va
300
:
23%
62 Va
3 Va
•
10%
23%
4%
»
Unaerwooa
106% 107
115
♦104%
Udyllte
1,000
35
107
*102
1,900
52%
*10%
11
14%
*51%
'52%
187%
33% Jan
9
26
Deo
Feb
Feb
15
60
Sep
94
109% July
29%
Feb
47% Apr
M% Aug
i
Volume
166
Number 4623
THE
COMMERCIAL
NEW
Saturday
$ pershare
Tuesday
*44%
Thursday
Aug. 8«
* per share
45
7%
I per share
45'A
44%
*
45%
per
44%
71/4
341/2
341/2
*34%
36
20
201/4
34%
34%
197/a
20"%
19%
STOCK
19%
7
7
10
*9%
10
*9%
10
43
421/a
42'/a
*9%
42
42
*41 '/a
561/&
*56
57
301/4
30 %
297/a
*1031/4
IO31/2
1031/2
461/a
46 Va
CLOSED
461/4
*149'A
149%
47
*1491/4
47
74
74
72%
1451/2
197/a
20
67/a
91/4
149%
150
46%
74
74
20
*9
*105
8%
46%
18%
*44%
46%
17%
6 Va
6
61/s
6
95
94
94
*175
178
18%
16 %
19
79%
187/a
19
♦15%
16%
15%
15%
15%
15%
X31%
32%
*32 Va
32%
*32%
13%
14%
31
31
90
49%
103
7%
87%
90
49%
49%
•102%
31
*86
103
7%
85
85
*85
86
119
119
119
*86
88
♦86
*37%
39%
34%
34%
U
Stockyards Corp___
United
6,200
$4.20
Wall
4%
cum
pfd
conv
5%
1,800
Universal
Laboratories
20
Universal
Leaf
18%
Universal-Cyclops
8%
30
18%
4%%
210
300
Vanadium Corp
15%
800
Van
Norman
32%
500
Van
Raalte
14 Va
14
30%
29%
*13%
14
1,500
31
1,100
Vick
*85%
90
100
*86
90
*86
90
49
49
49%
103
84%
•119
*102%
7%
85
84%
♦119
♦
103
*6%
119%
48%
7%
85
♦86
Victor
1,000
♦34
34%
*34
34%
34%
34%
34%
500
34.:,
*33
33%
33
33%
33
33
*33
33%
300
32%
*32'A
33
32%
32 Va
♦32
32%
*32
32%
50
*30'A
31
*30'A
30%
*30
30%
30
30
*29%
30%
50
•67
70
•67
70
•66
70
*66
70
*66
70
16
16
*15%
16%
*15%
16
*15%
16
*15%
16
31%
31%
31%
31%
31
31%
•107%
107%
•107%
107%
*107%
107%
•20%
20%
20%
10%
10%
10%
88
♦84
37%
*37% .38
88
34%
Detinning
7%
44% May
1
Jan
13
8
Jan
13
60% Feb
11
Feb
11
51% July 28
Feb
28
79% Feb
8
150
23
Mar 27
100
Sep
48% Nov
144
Nov
40% Oct
X72
Sep
65%
Oct
142
Deo
Feb
Feb
Feb
19
20% Nov
29%
Jan
47
55 Va
Jun
7% Apr
1
Nov
4%
9%
Jan
20%
Apr
Sep
21
7%
Oct
18
100%
Nov
7% May 20
10% Jan
30
7
Sep
11% July
17
41
Sep
54
Jun
26
52
165
May 20
18% Aug
Feb
7
10
8
Dec
2
91
Nov
110%
Jan
7
187
May
200%
Apr
25
Nor
192
Mar
8
29% Feb
3
81% Feb
13
Feb
7
18%
Deo
77% DM
39
Feb
Oct
25%
Apr
Nov
68%
Apr
15%
Sep
30
Oct
35
% May 19
Jan
20
5% May 19
69
pfd—IOO
86
May 19
Mar
Jan
Apr
15%
6
101
49%
101
17% Nov
89
94
Apr
35
2
30
Feb
22
15
Feb
20
Jun
27%
13
187/» Feb
Feb
8
July
Feb
Jan
Aug 21
78
Jan
128
11% Feb
94% Feb
5
Feb
89
21
39
25
84%
97%
166
12% Feb
*118
class A_.
Feb
109% Jun
100
Jan
13
49 % Aug 18
104% May 14
9% Mar 6
94% Aug
1
83% Oct
91% Nov
36%
Sep
100
Deo
6%
Deo
63%
Sep
26 V#
Jun
51%
Apr
113
May
115
Feb
53
May
108% Aug
12% Jan
99% July
5
121
Feb
5
May 19
97
Feb
24
80
Jan
105
36% May 17
33 % July 2
45
Feb
21
40
Dec
63
40
Jan
17
37
Sep
32% Nov
32% Jun
4
38
57i
Apr
117% Deo
123 Va
Apr
Apr
July
45%
Jan
62
Apr
33
30
July 28
Aug 21
20
32
,..,20
Co__
Apr
Feb
85% Aug
25
Oct
80
187
Jan 27
102
100
-
106
48% Feb
29% Aug 20
No par
preferred
cum
81
61% May 19
140
May 19
19% Apr 29
5
Coke 5%
Virginian Ry Co
6%
preferred
Visking Corp (The)
Vulcan
165
20% Jan
preferred
Va Iron Coal &
200
5
16
Co_6%
6%
div partic prefered
Va El & Pow $5 pref
38%
40% Jun
38% May 17
68
May 19
22
Va-Carolina Chemical
10
103% July 24
142% Jun
100
700
119%
Dec
Jun 23
41
Works
85
*84%
*119
Apr
39%
100
"
100
700
cum
60% May
84
100
110
3%%
Jan
July
Deo
13% May 17
14% May 21
preferred
Chemical
11 %
Sep
30% May 17
12% May 19
Ry
7
88
37%
non-cum
Dec
Nov
22
1
Sugar
Pac
9
10
Jan
35
99
Co
&
25% Aug
36%
No par
2.50
103
7
119%
Shreve
5%
48%
102 %
Chemical
Jan
59
10
Vertientes-Camaguey
♦30
13%
5
2.50
14%
May
13 Va
44
2
May 17
4% May 20
Inc
of Am
88
62
Sep
Sep
19
79% May 17
Inc
29%
Vicks
Apr
6%
Feb
16
100
*85%
90
*67/a
Co
37% Nov
25
Jan
1
Co
Co
10
No par
preferred
16%
July 24
23% July 16
73
44
10O
Pictures
13
8% July 24
39
$ per share
44% Feb
1
Corp
Inc
Tob
15%
15%
Steel
preferred
Universal
3,100
80
53% Feb
Highest
I per share
39
50
200
94
No par
2
Inc.-
Paper
I per share
May 19
49% May 24
5
2d pfd_5
non-c
referred
conv
32%
88
25
Stor**
$6
15%
49
...No par
preferred
United
*37%
32%
Co
non-cum
United
600
♦86
*33%
100
Tobacco
32%
♦85%
common___No par
\
88
37%
Corp
11,800'
37%
;
S
7%
175
♦78
16
50
_50
Steel
15'A
103.
7%
♦118
16
«
preferred—100
Smelting Ref & Min
S
Year 1940
Lowest
35
100
—10
1st
non-cum
1
23% May 19
pfd series A
cum
32%
15%
20
Rubber Co..
33
*86
49%
103
7%
16%
10
29%
14
87%
86%
*86
78
7
17%
175
19
78
9% Jan
14
14
31
♦85%
♦16
187/a
80
♦78
10
Preferred
(1,400
46
*93%
175
78%
U
11,300
8%
5%
*94
175
197/a
15%'
6
95
177
80
*157/a
61/8
*94
22
6"%
17%
*173
941/2
16% Jan
9%
*441/2
17%
*17%
.—I
conv
Preferred
500
107
8%
*44%
175
j
9Va
8%
18%
U S
21,900
*6%
3
8%
200
500
20%
-
*105
8%
46%
187/a
7
9%
107
8%
*171/4
S
5% May 19
25% Jan
33/4%
,
U
47
8%
*44'/a
80
9i/a
*105
\
72
*46
8%
18%
61/2
6%
9%
107
100
3,400
146
20%
47%
A
Playing Card Co
Plywood Corp—L
S
73
71%
No par
cl
13
preferred
Pipe ft Foundry
S
46%
146
20
*46
7
'
9%
46%
6%
20
471/4
U
U
t
150
73
72%
145%
67/a
IO71/2
73%
71%
Co
Jan
No par
S
200
'
1451/2
20
•17%
175
*73
.
&
U
2,100
46%
46
Leather
U S Lines Co__
i
103
150
S
X41
y
Highest
I per share
Chemicals—No par
1,800
56
46i%
.
Range Since JanuiL
Lowest
4%%
30
*102%
47
72%
*46
*44
*931/2
*46
1451/4
145
7
9 '/a
♦105
8%
149%
*149%
71%
47%
67/s
107
8'A
46%
Industrial
Partic
400
97/a
30
1031/8
U
S
4,700
43
*55%
46'/2
20
*46
56
30
46%
73
20
471/4
56
45»/z
46V4
145%
41%
30
30
\
19%
*9%
42%
103%
737/a
72
10
U
2,600
36
19%
Range for Previous
STOCK
Par
900
7
*34
YORK
EXCHANGE
Shares
44%
6%
103%
Va
l49i/2
56%
30
7
103%
47
145%
6%
9%
<±6
737/8
731/2
146
*56
30%
1031/2
47
♦46i/a
*105
44%
NEW
the Week
t per share
45%
34'/2
411/4
EXCHANGE
share
71/a
7
(775)
RECORD
Sales for
Aug. 22
7%
*9%
*55
STOCK
Friday
Aug. 21
201/4
34 »/2
X20'
YORK
CHRONICLE
STOCKS
Wednesday
Aug. 19
I per share
45,
FINANCIAL
LOW AND HIGH SALE
PRICES
Monday
Aug. 18
Aug-. 1(>
&
Feb
17
Aug 13
30% Aug
6
W
79
107%
107%
20%
21
20%
21
10%
10%
10%
10%
*12%
31
Wabash RR 4% %
Waldorf System
100
1,000
•107%
31%
107%
20%
20%
20%
10%
10%
10%
1,400
2,700
Walgreen
20
12%
12%
12%
12%
12%
12%
12%
12%
12%
*98'%
99%
•98%
99%
99
99
98%
98%
14%
24
24
99
147/a
15%
14%
15
147/a
15
15
15%
24%
24
24
23%
23%
23%
23%
*35%
35%
35%
♦35
35%
35%
35%
24
*23%
23%
*23%
23%
35%
35%
23%
23%
*23%
24
21%
22%
*20%
21%
*20%
*21%
33
21%
21%
*21%
22
32%
*32%
*19%
6%
6%
44%
44%
45%
6%
♦19%
115
*114%
118
119%
24
*114%
*114
115
119
♦118
119%
118
109%
109%
♦109%
111
109%
109%
*109%
111
110
115%
116%
116%
116
116%
*115%
116%
115%
39%
407/a
109%
*109
40 %
40
110%
*109
40%
40%
110
111
40%
Jan
Dec
Washington Gas
Lt
Jan
22
25%
Deo
35% Mar
23% Feb
8
,__5
22% Apr 28
17% May 20
20% Apr 29
27
Co
No par
...5
1
30% May 23
41
Webster
Tuesday
Saturday
Aug. 1G
Monday
I per share
46%
48
48
5%
5%
5%
*15
81
16
6%
6
46 V4
4 t>%
v
6
4t>-V4
5%
5%
9 per
6%
461/4
48
5%
5 %
5%
16
15
*30
31
30
30
*80
81
*80
5
81
♦15%
No par
37% Jan
83% May 22
21% May 19
Indies
Sugar
1%
West
Va
4 % %
Pulp & Pap Co
preferred
16%
15%
Western
>
600
*29%
31
31%
85%
29
200
233/4
23%
243/4
24%
25%
36
35%
36
35%
36
35%
35%
28%
28
28%
273/4
28%
27%
28 3/8
•
Sep
119
Aug
Jan
122%
Feb
105
112% Jan
14
106
Sep
117% Aug
113
116% Aug 1.9
113%
Oct
119% May
53% Jun
3
May 6
July 7
32% May 19
109% Aug
8
45
Feb
24
113
Jan
27
3%%
3.80%
104%
1041/2
104%
105
1033/4
105
1043/4
1043/4
106%
106
106
106
106
*105%
106%
106
106
CLOSED
37
373/4
*36%
37%
*36%
37%
333/4
*32%
3?
*32%
33
700
101
380
/
1
Co
10
100
100
com-No par
100
.
Air
Weston
300
pfd
cum
Elec
Brake....No par
Corp.
12%
series A—
pfd
cum
_
,
32% Nov
111% Sep
Range SInee January 1
Lowest
A
Electric
590
103%
series
Westlnghouse
400
103%
*105%
v
Pacific RR
Westlnghouse
3,300
11,900
Apr
43% July
89 Ve Aug
116% Apr
Range for Frevloua
Co
Ry
2nd preferred
non-cum
45
108
Western Union Teleg class A_No par
21,800
-
4%
Preferred
Sep
Sep
Sep
115
100
Maryland
Western
200
81
35%
*37
Feb
34% Jan
14
No par,
.
Western Air Lines Inc
Western Auto Supply
1,000
*80
'
28%
37%
Apr
117% Mar 11
Par
900
5%
28%
37%
16%
121% Jan
EXCHANGE
%
47
%
23%
>
Sep
Jan
113% May 14
NEW YORK STOCK
3,600
Feb
29%
47%
9%
Apr
90
34%
Oct
12% Jan
48
Sep
Sep
Sep
IOO
pfd
Shares
6%
%
36 Va
38
4%%
galea for
EXCHANGE
STOCK
20
20%
31
Feb
.100
Power
ike Week
28%
23%
110% Jan
16
26% Feb
23% Aug
.100
preferred
West Penn
20
22%
23%
Corp—
preferred
6 %
40
1,700
36
23
May 17
No par
120
share
46%
153/4
31
81
16
6
preferred
conv
West Penn Electric class A—No par
Aug. 22
31
31
81
6
Aug. 21
I per share
81
17
♦30%
6%
5
Inc
Tobacco
Oil & Snowdrift
"70
Friday
Thursday
Aug. 20
I per share
6%
6%
6%
—
16% Oct
STOCKS
Wednesday
Aug. 19
I per share
Aug. 18
...
$4
41
♦110
Motor
LOW AND HIGH SALE PRICES
I per share
Co
Wesson
111
40%
110
Sep
50
West
115%
:
119%
100
39
270
v
110
115%
115
7
Jan
2,800
119%
115
*117%
106% Mar
18%
115
*118%
*114
Jun
18% July
107% Feb
30
13
4,500
87
23%
20Va
100
20%
♦86%
Oct
39% Jan
*45%
87
24%
Oct
9%
xll7/B Mar
Jan
45%
46%
23 %
27
J.3
29%
3
19% Feb
Nov
31
1,900
87
98% Jun
13% Feb
23 Va
.-.5
6%
87
May 21
105
500
6%
23%
11
7
Nov
6%
86%
Mar
July 17
24% Jan
22
6%
23%
111
109
7
Waukesha
86%
Apr
Apr
xl7% May 14
7% May 19
31
Wayne Knitting Mills
Wayne Pump Co
23%
Jun
54
Jan
100
86%
Feb
23%
Deo
18% Feb
200
23%
86
Oct
28
300
86%
Sep
15%
33%
May 14
22
45%
68
11
13% Apr 29
33%
6%
18
25
36% Feb
21
*
*21%
23%
40 %
.—5
75% Feb
17% Jan
No par
Pictures
♦33
23%
109%
Bros
16
13% Apr 21
29% Apr 30
103% Mar 17
Warren Fdy ft Pipe
Warren Petroleum Corp
22 %
86%
*114%
.100
preferred
Warner
33%
45
45
20%
No par
...1
common
*21
,
No par
Co
*32%
33%
6%
44%
20 •'
20
32%
33
6%
*23%
.100
G & W
Baking Co
5 % %
600
36
Ward
7,900
*24
>
No par
(Hiram)
Walworth
140
99%
No par
preferred
Walker
900
%
15%
4%
,100
preferred
Co
100
series
100
B__
Instrument
—12.50
5% May 19
38 % May 19
4
May 16
9% May 17
27% May 17
Jun
74
11
17
May 19
27% May 19
22% May 19
Lowest
I per share
10% Jan
4
8 per share
7% Deo
75% Jan
6
7% Feb
3
18% Feb
11
14
Sep
42% Feb
18
27
Sep
Mar 29
71
Oct
90
25% Aug 22
30 %
2
27
35% Jun
6
55
May 14
98% Mar 17
62% Mar 27
36
5%
18%
35
Jan
Jan
90% May
Sep
13'/8
Jan
32%
Jan
56%
Jun
101
Apr
Oct
63%
Jan
7
26%
Oct
41%
Jun
21%
Nov
39%
Jan
91
Deo
95
Dec
39
May
105
Aug 20
106% July 21
Jan
67
Highest
# per share
July 28
36% Aug
102% Jan
93
Year 1940
Highest
I per share
Jan
24
63% Jun
Westvaco Chlorine Prod—>
34%
35
101
100%
100%
*67
*67
72
100
,
100
32%
34%
*1003/4
101
72
"
*67
100%
101
'
*67
72
*100%
101%
*100%
41%
42%
413/4
IOO
*98%
99%
98%
99
*30
*30%
31%
*30%
313/4
26%
267/a
263/a
26%
42%
42%
*98
*12%
13
*85
91
*85
91
*85
12%
32%
♦32%
33%
8%
♦8%
83/4
*81/4
9%
9%
9%
13
♦33%
8%
26%
263/4
13
13
13%
13%
♦85
91
*85
91
33%
*33%
34
33%
*135
56%
58
48%
48
58%
85
47%
58%
58V2
85
94%
*92%
*581/4
*66%
*85
"
92%
*59
62
67
146
56%
48
58%
86
92%
61
16%
14%
143/a
14%
*97%
98
973,4
973/4
*
14%
■
17%
*16%
17%
16%
♦135
146
♦135
146
*135
57
57
*57
59
59
47%
48%
57%
58
86
*85
92
,,
*59%
92
61
47%
*573/4
48%--
473/a
200
-
1
59%
500
47%
3,300
583/4
57%
58%
600
85
85
84
84
92%
92%
*92%
93%
67%
100
•r
1
130
61
61
67
67%
67
67
67%
67
10%
10%
10 3/4
-103/4
"7-10%
10%
67%
1,400
900
-
conv
Si
Wisconsin
'■
'
El
Pow
35%
34%
35%
34%
343/4
34%
34%
1,500
Tale ft Towne
13
12%
13%
12%
13
12%
123/4
1,800
York
45%
46
45
45
*45
453/4
500
18%
♦18
18%
18%
18%
18%
18%
68%
68%
68%
683/4
68 %~
693A
683/4
70%
69%
70
171/4
17%
17%
17%
17
17
17
17
17%
17%
22
22
21%
21%
21%
21%
'21%
22
21%
21%
6%
6%
6%
6%
6%
6%
6%
6%
6%
•Bid and asked prices; no salee on
,
*.
tr
*
this day.
Jin receivership,
a
6%
Deferred delivery,
n New stock,
v
200
9,100
1,500
1,100
2,100
Eenlth
44
17% Feb
1
11% Nov
23% July
81%
Sep
105
July
30
Nov
36
May
r Cash sale,
Co
11
sales,
Jan
6% Oct
12%
26% Jan
Nov
6% pfd—100
145% May 19
145% May 19
142
Mar
160
60
Mar 27
34
Feb
63
Feb
43%
Sep
Bep
Jan
62
No par
No par
—5
.25
.1
Corp
May
9
Oct
Mff Co.
Products Corp
s Special
9% July 28
13% Feb
44
Bep
Sep
cum
Radio
107% July
27% Feb
21% Nov
15%
preferred
50
'Young Spring ft Wire
No par
rYoungstown Sheet ft Tube-i.No par
Youngstown Steel Door
No par
Zonlte
Nov
7
8
34
12%
93%
Co__,
Corp
4%%
90%
Feb
29% Feb
28
Wright Aeronautical
Wrigley (Wm) Jr (Del)
Wyandotte Worsted. Co
12%
62% May
19% Mar 18
2
May 19
35%
Nov
09
Jun
43
131/8
*181
101% Mar 31
Jen
36%
27
16
Woolworth (F W) Co
10
Worthington P Si M (Del)
No par
Prior pfd 4%%
series—!
100
Prior pfd 4%% eonv series. ..100
353/4
18%
7
90% Apr 29
par
Jan
12%
*173/4
44% Feb
No par
,10
No par
43
353/4
■
84
10
Iron
11
46
Jan
107%
56
Inc
107/a
*45
Jan
106
53% Aug 22
10% May 19
pfd series A—No
Co
11
46
No par
,20
Co.,
11
•45
72
Oct
13
Oil
Woodward
210
*60
Aug
100
Feb
preferred
preferred
$4.25
preferred
Wilson-Jones Co
200
146
66
'
■■
63
13
34
Wilson
14%
97%
17
9
Feb
6% May 17
4,700
54
19% May 19
9% May 19
Nov
Apr
29% May 13
5% May 17
$4.50
97%
94
May 28
26% May 19
98
67
103
—5
Prior
Wilcox
,400
14%
May 19
102% July 18
Willys-Overland Motors common.-!
200
53%
54
31
2
3
500
98%
May
1
Feb
5,600
53%
99
Aug
90
83/a
53%
1
Corp
conv
9%
*523/4
1
Co
26
July 31
$4
83/a
14%
146
Sewing Mach
9
543/4
%
'<
Motor
White
900
White
83/a
14%
♦56
r
9%
*97%
171/4
3,800
■
Lake Erie Ry
100
preferred
,—100
Wheeling Steel Corp
No par
$5 conv prior pref
—No par
White Dental Mfg (The S S)—,20
8%
*52%
*17
240
32
■
conv
9
15
-
993/4
98
*30%
No par
8c
5%%
83/4
99
17%
3,400
preferred
Wheeling
91/4
9
14%
*135
993/4
313/4
-
*971/2
54
$3.75
>
130
423/4
423/4
263/a
343/a
12%
9
*17
43
26%
91
12%
72
101%
*30%
'
54
100 3/8
'
27
32%
100
*65
101%
'
26%
■
1003/4
72
*100%
983/4
'31%
42%
42
101%
No par
Common
No par
—1
Aug 12
15% July 24
Jan
1
48% May 19
68% Feb 13
94% Apr
3
100
Feb 20
80
Feb
8
83
Jun
11
P4
jun
9
59
Aug 14
63% May 19
8
May 17
70% Mar
May 21
10% May 19
41
May 19
14% Mayl9
53% May 17
15
May 17
45
34
14%
May 19
5% Jun
18% Feb
10
Jan
3
<■
*
July
July
21%
Feb
Jun
84% Sep
May
62% May
74
Aug
100
Apr
87%
Sep
103
75 %
Deo
106
69%
Oct
82%
Apr
13% Dee
25%
Jun
47
33
Oot
May
Feb
81% July
16% Feb 11
13% Nov
27%
50% Mar 31
23
Feb
7
15%
Oct
35% Jan
67% Sep
16
Nov
83% May
31
Jan
19% D«o
42%
Jan
72% Feb 18
21% Feb 21
25
July
7
10% Jan 31
x-Ex-divldends.
wd When distributed.
^V5:/w4'
5
6
21
101
0
y-Bfr-rlghf.
Sep
Jan
14% Apr
23
24
(776)
THE
COMMERCIAL
Transactions at the New York Stock
&
CHRONICLE
FINANCIAL
Transactions at the New York Curb
Exchange
Daily, Weekly and Yearly
J
In i'l
Int'l
united States
Bank
Government
Railroad
Stocks,
Week Ended Aug. 22,1947
Number
of and Miscel.
Foreign
Bonds
Bonds
Saturday
Bonds
Stocks
(Number
Bond
Bonds
Sales
Week Ended
Saturday Closed
713,420
$1,875,000
$326,000
$78,000
Tuesday
602,420
2,328,000
223,000
89,000
Wednesday
599,155
4,259,000
210,700
108,000
Thursday
Friday
576,990
2,783,000
228,000
57,000
581,080
2,072,000
192,000
47,000
Monday
,
Total
3,073,065
$13,320,000
$1,179,700
Saturday
Monday.
Tuesday
Wednesday
Thursday
Friday
$2,282 000
$5,000
2,645,000
~4"OO6
3,072,000
4,577,700
2,311,000
$379,000
$9,000
Week Ended Aug. 22
1947
1947
4,50a,580
International Bank
150,215
291,000
38,000
123,830
314,000
35,000
349,000
320,000
43,000
363,000
336,000
24,000
11,000
371,000
692,395
$1,934,000
$173,000
$42,000
$2,149,000
Week Ended Aug. 22
$132,500
$2,776,500
1947
54,506^000
786,530,000
$16,999,700
$650,970,900
listed
on
$858,749,500
Rail¬
trials
Total
Closed
10
Grade
Utili-
Rails
Ralls
ties
Bonds
-
Closed
18
180.44
49.30
35.62
19
179.75
49.15
35.61
64.45
104.24
179.01
110.26
48.69
91.70
107.21
35.60
103.35
64.13
21
104.19
110.15
179.42
91.45
48.93
107.22
35.68
64.32
103.25
22__
104.14
179.74
110.15
91.57
48.94
35.78
107.27
103.28
64.42
104.10
110.00
91.55
102.25
103.22
are
"and
in
Interest"—except for income
of
the
the
regular weekly
column headed
range
and
ere
"Interest
defaulted
shown
Period"
In
a
>
bonds.
in
in
each
and
the
case
deferred
week
the
110.32
91.84
107.31
in
delivery sales
are
which they occur.
when the bonds
one
or
103.41
Exchange
YEARLY
-
month
Figures after decimal point represent
more
disregarded in the week's
range,
No
unless they
are
account is taken of such
sales in computing the
mature.
32d of
a
the
only
range
transactions of
for the year.
point.
LOW AND HIGH SALE PRICES
Saturdat
Monday
Aug. 18
Aug. 16
Low
104.20
WEEKLY
Cash
footnote
indicate
64.65
New York Stock
fill
FRIDAY
outside
$55,285,000
Total
20
Bond Record
letters
$55,145,000
40
trials
Stocks
Second
Grade
Aug.
when
3171000
$733,000
10
First
Indus-
65
roads
16
10
Aug.
italic
7,888,000
394,000
Averages
Aug.
and
$47,080,000
3,987,000
1,000
$2,149,000
Aug.
The
$50,764,000
91,000
Bonds—
20
Indus¬
NOTICE—Prices
$641,000
daily closing averages of representative stocks and bonds
the New York Stock
Exchange as compiled by Dow, Jones & Co.
Date—
week,
98,573,271
42,000
10
the
48,587,716
173,000
TotaL
-Stocks-
Aug.
1,250,696
the
are
30
Aug.
1946
692,395
Foreign government.
Foreign corporate
Stock and Bond
Below
Aug. 22
1947
$1,934,000
Domestic-
46,632,000
594,039,100
Jan. 1 to
1948
Boiide
15,523,000
1,062*000
15,805,200
$14,887,700
'»
$17,713,500
1,179,700
...
329,000
131,360
—
229,347,175
13,320,000
Total
$737,000
121,705
1946
161,936,581
379,000
Foreign
Railroad & Industrial
Total
$31,000
Saturday Closed
$673,000
$33,000
165,285
Stocks—No. of shares
$9,000
Foreign
Corporate
Government
$14,887,700
Bonds
D. S. Government
Foreign
Domestic
Jan. 1 to Aug, 22
1948
3,073,065
Bonds (Par Value)
of
Shares)
Aug. 22,1947
TotftL
Stocks—No. of shares
Exchange
Daily, Weekly and Yearly
Total
_
Shares
Monday, August 25, 1947
High
Low
High
*100.17
;
'"
Tuesday
Aug. 19
Low
High
Wednesday
Aug. 20
High
Low
Thursday
Aug. 21.
Low
'High
,
Friday
Aug. 22
Low
100.19
*100.16
100.18
*100.16
100.18
♦100.16
105.2
*105
100.18
*105
*100.15
105.2
*105
*105
105.2
*105
*107.23
107.25
*107.24
107.26
107.25
*107.23
107.25
*107.23
107.25
112.2
*112.1
112.3
*112.1
112.3
*112.1
112.3
*112.1
101.6
*101.4
101.6
*101.4
101.6
*101.3
106.14
101.5
*106.12
*101.3
106.14
*106.12
101.5
106.14
*112.24
*106.12
112.26
106.14
*106.13
106.15
*112.24
112.26
*112.24
112.26
*113.24
113.26
*113.24
~
i
Range Since January 1
Highest
4J/4s
1947-1952
102.13 Feb
4
3VaS
1949-1952
106.1
1
106.6
Lowest
102.22 Jan
3s
„1951-1955
Apr
108.21 Feb
4
2%s
1955-1960
112.6
3
2%s
—1948-1951
101.8
Feb
112.26
103.21
*104.20
*112.24
101.28
*103.19
112.27
115.4
*101.26
*112,25
104.22
*115.4
115.6
*101.26
101.28
*103.19
Treasury
Treasury
Treasury
Treasury
Treasury
103.21
*104.20
104.22
Feb
July 24
106.13 July 24
23/4s
1951-1954
23/4s
1956-1959
«
2%s
1958-1963
1960-1965
114.8
2'/2s
1948
2 y2s
1949-1953
2'/aS
104.14 July
Highest
104.27 May
21
108.21 Feb
;
4
llTia
Feb
112.6
Feb
3
112.21
Aug
115.26
Jan
102.6
Feb
4
102.11
Dec
102.12
Dec
107.5
—
23/4s
Range for Prevloa*
Year 1940
Lowest
113.26
*115.2
CLOSED
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
112.3
*101.4
*106.12
'
STOCK
EXCHANGE
105.2
♦112
EXCHANGE
NEW YORK
100.17
105.2
*107.23
STOCK
GOVERNMENT BONDS
High
106.13 July 24
110.3
Jun
May 14
114.8
May 14
109.22
Feb
115.23
Apr
113.3
_
Dec
113.12 Aug
113.3
Nov
118.23
Feb
Nov
118.15 Mar
—
1950-1952
104.12 Feb 21
104.12 Feb
21
'
i
—
—.
—
—
9,000
—_
Treasury
Treasury
Treasury
Treasury
Treasury
2yas
1952-1954
2Via
1956-1958
2V2s
1962-1967
2y2s
1963-1968
2 y2s
June 1964-1969
Treasury 2y2s
Treasury 2Vas
Treasury 2y£s
Treasury 2y2s
Treasury 2 y2s
Dec. 1964-1969
Treasury
—
^Blfl and asked
102.6
102.3
prlce/'No sales
102,6
102.3
transacted this
102.8
"day.
a-Qdd
102.5
102.9
lot" transaction,
102.3
r
102.7
Registered
Jan
104.10 May
12
102.21 July 30
9
2
103.20 Apr
105.17 Jun
102.20 July 30
103.19 Apr
10
105.17 Jun
—1951-1953
'
.
7
June 1959-1962
Dec. 1959-1962
2y4s
102.16 Apr
102.5 Jan
18
j
6
1947
March 1948-1950
Dec. 1948-1950
Sept. 1949-1951
Dec. 1949-1951
Treasury 2s
Treasury 2s
Treasury 2s
1 Treasury 2s
Sept. 1950-1952
9
2
.
__
105.17 Feb
2y4s
25-year
13
6
104.15 Apr
March 1950-1952
transaction
104.4
103.29 Jan
30
Treasury 2s
Treasury 2s
Treasury 2s
285,000
bond
30
2
1954-1956
1956-1959
———.
:
105.17 Feb
7
102.24 May 14
102.24 May
8
—
June 1949-1951
_
102.12 Apr
9
102
July
7
102.4
July 22
102.12 Apr
9
102.6 May 27
102.23 Apr
9
1951-1953
102.23 Apr
1951-1955
—
102.25 Apr
12
102.30 Apr 24
103.1
Apr
26
102.28 Jun
24
June 1952-1954
Dec. 1952-1954
24
13
103.2
Jan
102.28 July 21
103.4
July 21
100.30 Apr
9
100.30 Jun 23
101.2
Jan~29
101.8
Apr 26
1953-1955
1948
1950
Bank
Reconstruction &
102.4
104.18 Apr
Jan
29
—.—.1952-1955
Treasury 2s
Treasury 2s
Treasury l3/4s
Treasury IVis
,
14
104.4
Jan
Dec. 1967-1972
2y4s
International
—
104.23 Feb
Jan
Treasury 2s
—
—
104.24 July 14
104.2
Sept. 1967-1972
Treasury 2s
—
-
104.7
June 1967-1972
Treasury 2s
Treasury 2s
—
:
1965-1970
Treasury 2 »/4s
—_
—
104.24 July 14
104.23 Feb 14
1966-1971
Treasury 2V2s
Treasury 2'As
Treasury 2y4s
Treasury
Treasury
—
" '
3sl!™
for
Development
I__~1972
~
V
166
Volume
Number 4623
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(777)
NEW
YORK
RANGE
BONDS
New Yojrk
3%
Interest
Exchange
Last
Period
or
Bale Price
Friday's
Bonds
Bid & Asked
Low
1980
ENDING
RECORD
AUGUST
Range Since
January 1
Sold
High
No.
Low
Unification Issue—
Corporate Stock
WEEK
22
Week's Range
New York City
,
Tranxlt
Stock
Friday
FOR
BOND
j-d
BONDS
New
York
Stock
Copenhagen (City)
111
111 3Sa
18
110*
Period
5s
1952
1953
6%)
gold
External
REctor 2-2300
120
Stock
Exchange
Broadway, New
gold
St
T eletype
York
6*8
NY 1-1693
AGtd
sink
fund
Municipal
4s
•
bs
AGtd
sink
fund
6s
1948
(King of Norway)
lAAntioquia (Dept) coll 7s
1943
sec
"AExternal
s
f 7s 3rd
series__1957
3Vis
J
1966
J-D
1962
F-A
s
f
f
.1949
6s
s
7s
.1955
Stamped
external
pursuant to
8s
pursuant to
pursuant to
57
92 Va
88%
17
48
109
107%
115
55
"I
55
70
60
73*
.1979
A-0
44*
44
44*
5
A-0
55
43*
55
1
55
A-0
.1952
j-d
44
(Int reduced to 3.5%)
.1978
8%
j-d
funding bonds of 1931 due- .1951
Stamped pursuant to Plan A
44
♦56
__
Plan A
59
•45
-
2
44
49%
45
—
.1979
A-0
43
43
56%
3*8 Series No. 2
3*8 Series No. 3
3*s Series No. 4
1-
4
55*
56*
30
56*
2
69
6
—
65*
<
78
83*
5
78 V4
56 Va
83*
62%'
56 Ve
56*
•60
61
67
56
56
56
56
55*
—
3*8 Series No. 23—
3*s Series No. 24
3*s Series No. 25
3*s Series No. 26
5
55
62%
55
62
56
61
54*
4
54 Vb
10
64*
62*
61
56
64*
62
56*
—_—1957
Sinking fund gold 5s——_——1958
Sinking fund gold 6s
1950
Buenos Aires
A 6s
1961
f 4Va-4%s
readj 4%-4%s
s
f 4%-4%s
s
"'External
external
Canada
f
s
f
7s
k
A6s assented
A 6s
A-O
Feb 1961
assented
-_Jan
1961
AExtl sinking fund
6s—Sep 1961
A6s
assented
Sep
1961
AExternal sinking fund
6s__™_1962
■
A 6s
assented
1962
s
AExternal sinking fund
6s——1963
/
A6s assented
,1963
ACbile Mortgage Bank
6%s——1957
A6*s assented
1
•
*
A6*s
assented
^
AGuaranteed sink fund 6s__.
~
A6s
assented
AGuaranteed
A 6s
A 6a
of
A 6s of
3s
ASinking
A
Sinking
100*
6
67
5s
M-S
J-D
bonds
Bank
1970
6%s
A-O
1947
A-d
fund
7s
of
1926
fund
1946
7s
M-N
of
1927
1947
F-A
see
page
26*
20 Va
27*
24
27*
21
27%
23
28
20%
27%
13
•
—
20*
21*
106
99 Vb
99
105%
55
98 Vb
66
96
4
99
105
2
09*
104
><%
99%
to
sec
M-S
99*
30%
16*
16%
16%
16*
27
16%
A-O
.1968
A-O
j-j
(j-j
2.375%)_;—-- .2001
mrnrnrnm
-1946
-
•(.
■
j-j
(State
.2001
f-a
f-a
.1946
A-O
10 Va
A7a
external
loan
to
of
2%)
_2012
1926—— .1966
to
2.25%)
—
28
municipal loan
.1967
Stamped pursuant to Plan A
(Int reduced to 2.25%)
_2004
lASan Paulo (City) 8s
_1952
Stamped pursuant to Plan A
—
*.
48
23*
26
33
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s
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—
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1977
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COMMERCIAL
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due Mar 1 1996
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_1961
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tABoston & N Y Air L 1st 4s
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99
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1969
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1976
Buffalo Niagara El 1st mtge 2fta__1973
Buffalo Rochester <fe
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126%
08%
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20
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129
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♦—
103 ft
98ft
100ft
100 ft
modified
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at 1
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1957
JBurllngton Cedar Rap & Nor—
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1934
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-1952
3%
-
1958
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1960
1976
1962
j-j
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64 ft
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34
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107
100% 101%
63ft
34
94
A-O
106
For
footnotes
see
Bold
—
__
—
page
106
64ft
78 ft
83%
155
39
55 Va
58 ft
150
42
M-N
15%
16 ft
32
-
-J-D
-
1951
'
15 ft
►102
coll
101ft
97 ft
"l
81ft
10
78 ft
97 ft
97 ft
81ft
J-D
,
J-J
78 ft
5
105 y® 105%
6
J-J
1963
105%
36
55%
72
2
25
101ft
__
94
~1
91
3
105
106
39
103%
97
106ft
85
107 ft
104 ft
104 ft
104ft
6
105
105
105 ft
20
104%
108 Va
106
106 ft
8
105%
1073/4
79 ft
8
1043% 104%
13
A-O
-■
103
♦25 y®
A-O
F-A
*112
1974
F-A
*104'ft 1043/4
1966
J-D
*97
—1961
J-D
86
_1969
A-O
79 ft
34 ft
24%
•
,_1975
79 ft
106 y4
243/4
♦251/®
M-N
1993
34%
60
81
103%
112
102
105 ft
113 y®
ft
105 y®
98
97 ft
99
86 ft
81
88
'
j-d
MM
.
*__
93%
j-d
j-j
1st
tr gold
3s
4s
.199;
4s
J-J
1990
M-N
j-j
M.—'
70
*93
■-.(M
gtd.
3fts gtd
.1948
1950
gtd 4y2s—_ .1961
m-n
95%
*102ya
F-A
82ft
64%
803ft
\
'
i
10
105
1
Union Terminals Co—
A
1972
92
108%
102ft
—
M.M.
*105
—
MM.
65 ft
'
*102
.MM
A-O
MM.
33
5
.»
108ft 1083ft
—
98 ft
'
76
70
MM.
92
•MM*'
106
74
1970
3fts
1033/s
100%
96 Va
109 ft
104
104
108 ft
A-O
107%
107
107ft
11
105%
109
1973
A-O
106
106
106
6
104%
107ft
1977
A-O
105 ft 106
16
1980
M-N
•_
mtge 5s series B—
4fts
—
C
(stamped modified)
Gas
&
Elec
Columbus & H V
Columbus & Sou
3yas
Ohio
1st
50
50
50
debs__1197l
M-S
gold 4s__1948
A-O
*102 ft
3y4S_i.„1970
1st extl
M-S
*1103/8
1955
F-A
*113 ft
El
Commonwealth Edison Co—
103ft
104
105%
93Va
J-J
'
.
"
105
Va
102 ft 106 3/4
15
443/4
63 ft
7
105%
1067/®
102ft
105% 105 ft
103ft
—
__
109 ft
110%
—
114
114
'
Pwr
f
s
3%s
1977
11951
A
_^1961
F-A
1073/4 108
j-j
*108 ft
F-A
27
Cigar Corp
3y4s_;
1965
^
debentures^
__1_1953
1st & ref mtge 2fts ser A___t.__1982
1st & ref mtge 2%s ser B_
1977
1st. & ref mtge 2%s ser C
—1972
tAConsol
Ry
Consumers
4s-,_
103%
103% 103%
A-O
101
100% 101
j-d
'mm'
J-J
47 ft
J-J
473/4
1st
mtge
27/as
1975
Baking 3s debs___^__1965
Crucible Steel 1st .mtge 3yas_,
1966
JACuba Northern Ry 1st ;5y2s__—1942
A Deposit receipts
ACuba RR 1st 5s gold
————1952
A Deposit
receipts
*
m-s
j-j
»-
m-n
ser
B
A
deposit rets———1946
__
19
>
102ft
104
1023/4
1043/4
25
102% 103%
13
100 ft
13
103%
101
1033/4
47%
44
47
47 ft
17
34
47
47ft
15
33 ft
48 Va
105% 105ft
18
104ya
1063/4
12
102
104
102 ft
♦99% 100
__
!
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jd
ft
108
102
105%
51%
2
40%
40%
13
78
33ft
j-j
30
48 Va
48 Va
983/4 101%
51ft
78
40%
,
ser
103% 103%
47
,
104
M-a
47%
1954
M.M*
102% 103%
J-J
43-^
4s__
Power
*103
--
108 3A
108%
105 ft
'
103 ft
_1956
dqb
M,—
j-j
1—1955
non-conv
Debenture
A-O
1073/4
108%
'
*105 ft 106%
MM
"
102 ft
ft
J-J
-
E_—
River
10
76
M-S
5s__1952
mtge 3s series L
.'
Ry & L 1st & ref 4fts
100ft
100
80 ft
Ry—
Conn
11
27 ft
105
1952
cons
Conn
107%
97
*
<*
1993
mtge 5y2s series
62 ft
|
.
J-J
1977
1st
12 ft
105
- -
series
Div
ft
J-D
•
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34 ft
16
2
51 '/a
39
76 ft
32
63 ft
52%
86 y2
443ft
j-d
38
38
39%
26
38
46
—1946
deposit rcts__
j-d
373/4
373/4
38%
19
373/4
45 ft
—
—
—
A-O
107
106 y8
113
117
1173ft
16
117
120%
110% 110%
9
Dayton Pr & Lt 1st mtge 2ft s_—. 1975
Dayton Union Ry 3fts series B
1965
110%
113%
Deere
J-D
'
110% 110%
1
110%
114ft
115% 116ft
114% 115ft
6
115 3/4
119ft
17
114%
1193ft
109ft 109ft
4
109%
112ft
107ft 108
F-A
100
1043ft
100
._1948
1043ft
'
1
2
107 ft
F-A
*
105
108ft
100%
A-O
M
105
108
M-v
i960
1
523/4
4s
00 ft
106
V*
88
83 ft
1963
91ft
13
34
f-A
1965
29
—
j.j
1981
4s
66 ft
58
■
96 ft
—
—
A-O
A-O
1st
33
J-D
M-N
F-A
P
84
51ft
B——;
Ilium
ADebenture
♦101ft
J-J
1951
U
59
1962
Gulf
mtge 4fts series
A
1956
ACent Branch
35
83
J-J
99 ft
75
83 ft
c3fts
102% 103 ft
Jf-N
4fts
Celanese Corp 3s debs
Celotex Corp 3%s debs__
-
—
73
75
Consolidated Edison of New York—
gold
_
♦993/8100
F-A
58 ft
Consolidated
Guaranteed
mtge gtd 4s
J-J
883ft
51ft
52
107
105%
A-O
66
M-S
104 ft
M-S
27 ft
4fts
1st
-
75
—1952
42
j-D
Carthage & Adirondack Ry—
9
101a/4
15
gold
Carolina Clinchfield
105ft
64 ft
18
J-J
perpetual& Ohio 4s
1965
105
453/4
99
83 ft
52
1969
stk
J-J
66 ft
32
87
Colorado & Southern
Ry—
104
♦105
50
6
~
61%
50%
F-A
Guaranteed
deb
6
93
68
12
4fts—
Ry 4%
38 ft
673/4
84 ft
gold
Pac
51
38 ft
♦91 y®
66y®
52 Va
Guaranteed
Can
51
J-J
"
67
51%
J-J
1955
J-J
56 ft
Apr
83
F-A
45
*
49
51ft
1970
.
8
88
69
84 ft
1957
__Oct
50
88 y.
80
28
M-N
Ry—
Guaranteed gold 4fts
Guaranteed gold 5s
Guaranteed gold 5s
8
140
49
J-J
—
—1974
83
Pittsburgh RR—
Short Line
A 6s
Canada Southern cons
gtd 5s A
Canadian National
81ft
50
';
443ft
793/4
129
"
573%
part paid
1943
part paid———1957
Mich
1st
&
C
A 7 Va s
California Elec Power 1st 3s
Calif Oregon Power
3yas
50
1
mm*
75 ft
81
93%
83
80
130 ft
ft
Columbus & Tol 1st extl 4s
♦101ft
80
55
5s
&
1st
100 Va
5
25
56ft
A
1st
98 ft
5
♦100ft 101
48
J-J
1994
4fts
&
Div
Series
Btamped
Consolidated
L
Cleve
100
"I
ft'
100 Va
383/4
♦—
J-J
j-j
_196o
series
Impt
Columbia
mtge
1st
15
ft
Corp—
mtge
series
5s
Okla
5s
Cleveland
97
90 y®
96
94%
37ft
38 ft
104
11
Apr
4y4s series D
Wab
J-J
J-J
1153ft
98 3/4
98ft
Apr
1st mtge 2fts ser G
."
City Ice <fc Fuel 2fts debs
City Investing Co 4s debs—_
Ref
23
112%
__
98ft
Af-N
1994
1st mtge 2fts
Cincinnati Union Terminal—1st mtge gtd 3%s series E_
73ft
73 ft
__
*102 ft 103-y®
...
M-N
-
124
114%
*113% 114
F-A
-
■
Jan 1 2044
& Elec
51ft
90
mtge 2fts
1st
Gas
19
M-N
Cons
1st
Cine
61ft
71ft
16
RR—
:
ref
General
J-J
Cons
.
&
74
J-J
Telephone of Pa 5s series C—1960
Beneficial Indus Loan 2y2s debs___l961
i
1st
A-O
Bell
Bethlehem
4fts
Cleveland Elec
J-D
124
112ft
—
113ft
107
A__Jan 1 2019
ser
mtge 2%s ser G___
Chic & West'n Indiana conv
54
52
__
•
1st
74
1951*
3fts
F-A
F-A
'<
128ft
113
•
•
6
*1?2
*
1997
Chicago Union Station—
1st mtge 3fts series F
62 %
1951
1st
J-J
1977
2ft-4ft,s
59 ft
Af-S
♦126
J-J
1951
Terre Haute & S'eastern
Ry-*--'
& ref M 2ft-4y4s
1994
Chic
1st
;
Extension
Pac
3fts
Cleveland
4s
stamped-.
132
Chicago St L & New Orleans 5s___l951
60
Bangor <fe Aroostook RR—
Beech Creek
107 y4
126
1970
gold 4fts__
Series
1959
J-J
137
..1934
St
__1980
1043ft
partial redemption
1927
^Chicago Rock Isld & Pacific Ry—
'
AGeneral 4s
1988
ACertificates of deposit
5 ARefunding gold 4s—
Va
Ref 4s aeries A
Toledo Clnn dlv ref 4s A
104%
3
137
89
—
—due Dec 1 1998
Pgh Lake Erie
'
143 ft
29
1043/4 1043/4
25%
fixed
interest)
J
101
.
G
Series
Series
86ft
137
1043/4 105 ft
104%
1983
B
ser
104 V,
104%
1985
A
Cleve Cln Chic & St Louis
General gold 4s
Series
M_.
34
5%
Ref & gen mtge 5% (2% fixed
and 3% contingent Interest)—
Series
93%
'
July 1 1948
convertible
S'western
inc
51%
1023/4
F-A
1985
&
conv
39
♦103 3/® 1033/4
1989
A
ser
8ADebentures
A-O
2
M-N
1989
mtge 4fts inc
StAChilds Co deb
Stamped modified bonds
1st
mtge 4s
8 A Choctaw
July 1
103ft 107
45
m-s
Chicago & North Western Ry—
2nd mtge conv inc 4 y2s__Jan
1 1999
1st mtge 3s ser B
1989
t§AChicago Railways 1st 5s stpd
-
my*
B
4s—_
Paul
4'/2s
107%
—
Baltimore & Ohio RR—
mtge
St
105%
1996
gold 4s
ser
Gen
1
1st
Milw
108
103%
104% 104ft
j-j
27 ft
106
1996
B
ser
1st mtge 4s inc
Chic
1193/4
♦103%
M-S
,.1964
Atlantic & Danville Ry 1st 4s
Second mortgage 4s
Atlantic Refining 2%s debs—
116ft
2
M..W
116 y® 117
cons
mtge 3fts
36 ft
ft
1992
A2d mtge 4'/2s lnc ser A
2003
Chicago Ind & Sou 50-year 4s____1956
132
108% 109 y4
■
M-N
1952
A
128
iosy8105 y8
«M.M»
4V2s_;
109 ft
86
65
106%
45
1965
16
1033/4 104
F-A
Memphis Div 1st gold 4s
Ry—
1963
July
*114
27
♦106
104
A
1958
§ ASecured
July
cons
105 ft
F-4
3s
721/®
24
A-O
gtd gold 4s_1949
1st ref
1974
108
„
tChicago Ind & Louisville Ry—
■
July
Air
44
104ft
_1966
4s
unified
1193/4
J-D
J-D
1969
mortgage 3fts_____
General
110%
100
;
Atlantic Coast 1st
100ft
1103/8 1123/4
5s
Charlotte
3,591
97
100
deb
Adjustment gold 4s
&
99
3s
Chicago & Erie 1st gold 5s
'
__1982
Chicago Gt West 1st 4s series A—1988
AGen lnc mtge 4fts
Jan 1 2038
1033/4
no7/®
Topeka & Santa Fe—
Stamped
1003/4
1987
General 4s
Atlanta
983/®
Power
ref 4'/2s series B
ref mtge 3y2s
ref mtge 27/8s__
Chicago <fe Eastern 111 RR—
AGen mtge inc conv 5s___
133 ft
A-O
gold 4s
Co
24
1st &
993/4 103 V*
1962
Nitrate
A P W Products
Atchison
ft
1093/4
._1981>
.
27/8s debentures
Amer Tobacco Co deb 3s
3s debentures-;
Ann
44
Chicago Burlington & Quincy RR—
100
87
4
107 ft 1073/4
107 ft
2
114 ft
debentures
108 3/4
92 ft
M-S
2%s
105
109%
1003/4 1003/4
F-A
—
101A
106%
MM.
107 ft 1073/4
A-0
Co.—
1956
■
—
100%
1
101 &
1980
2%s
40
28ft
J-J
1987
&
90
18
107/a
*104ft
M-S
debentures
41
26ft
1987
&
84 ft
16
101 3®2
•MM*
J-J
2%s
25 ft
24 ft
General 4s
93
90
*9 ft
*9 i
M-S
mtge 3y2s
1972
Albany fit Susquehanna RR 4y2s__1975
Alleghany & Western 1st gtd 4s__1998
&
21
71
gold 4s
100
RAILROAD AND INDUSTRIAL COMPANIES
Adams Express coll tr fold 4s
Alabama Great Southern 3'As
Power
33
32 ft
1st
1003/®
1st
Alabama
72
consol
85
1
91
♦
F- A
1958
A4fts assented
II
J-J
1958
external In
(City)
87
*
66 ft
27
30 ft
♦1091/B
1987
A Div
2d
20
32 ft
5s
impt mtge 3!/2s D
Impt M 3y2s series E
100
17 ft
171/4
J-J
gold
86 ft
50
87
•
89
21
8.
8
42 ft
1987
series
93
87
F- A
exth readjustment-—1978
s
3fts extl readjustment
Warsaw
M-N
1978
readjustment
&
R &
♦„
39
59 ft
J-J
High
102 ft
67 ft
A-O
York
ref
&
Ref
—
♦55 ft
31
13
lift
J-D
79
J-J
4s
New
Ref
130
—
—
—
Low
1961
of N J gen gold
General
52 ft
♦10ft
Range Since
January 1
1966
Champion Paper & Fibre deb
Chesapeake & Ohio Ry—
—
*120
AExternal
A
21
19
49
No.
977/®
♦10ft
_1946
'(4ft* to Aug 1 1949)
1974
SACentral RR & Banking Co
5s stamp
(partial redemption)__1942
10 ft
♦11 y2
7s
♦96
49
Sold
High
A-O
4s__1951
registered
&
Bonds
"
Light 3y2s__
Central Pacific
1st
J-D
3ft-4-4yes
A 4s
Central
1978
Friday's
Eng. 1st gtd 4s___
AGeneral
55
85
46
89
or
Bid & Asked
A-O
-
*
—1958
External
-1959
43
A-O
Week's Range
Last
M-N
—1959
*41
A-O
'
Sale Price
F-A
1945
5 ft a series. B__
*46
2012
extl
extl
Nov 1948
ARef & gen 5s series C
AChatt Dlv pur money gold
8 A Mobile Div 1st gold 5s
*
J-J
1962
sec
(Prov of)
ASllesla
•,'ARef <fe gen
(Kingdom)—
external
Period
gold 5s
M-S
—1940
Serbs Croats & Slovenes
series B
J-J
5 AConsol
64y,
J-J
Interest
Exchange
A5s registered
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(Int reduced to 3.5%)
A8s
48
1968
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50
2004
dollar loan.
$
♦41
199®
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tint reauced to 2% )—v
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J-J
ly°°
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(Int reduced to 2.25%)
Stock
tCentral of Georgia Ry—
§ A 1st mtge 5s
<
loan
water
York
Low
68
*950
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(Int reduced 2.5%)
A6s extl
58 ft
58 ft
BONDS
New
High
1999
A8s external
A7s extl
Low
No.
high
♦48
J-J
1935
8s—
Stamped pursuant to Plan A
(Int reduced 2.5%)
Monday, August 25, 1947
101%
104 3ft
*65ft
72
Co
73
debs
1965
Delaware, Lack & West
N
Y
Lack
1st &
&
ref
Western
M
5s
ser
943'4
107
AIncome
110
Morris
Essex
63 ft
78
9
— M.
2£?
103%
105%
103 ft
106
61
81
&
tr
Delaware
m-n
—
103
104%
5
104
105
20
93
99
5
104
97ft
C
79
49
98 ft
79
ft
1
Light
1
3s
2042
57%
1973
A-O
1993
J-J
107%
81
77
90
50 ft
12
423A
583/4
58 ft
10
49
62 ft
107% 1073/4
10
.
contingent int)
MM
MM
104
division
Denver & Rio Grande West RR—
1st mtge ser A (3% fixed
1%
.
Co—
_May
&
mm
div
4-6s
Power
.
m-n
1993
104
*104
1
m
m-n
1973
RR
104
__
|
A-O
1963
mtge due
107 ft
j-d
_
Delaware <fe Hudson 4s extended
Coll
106 Va
2fts
2.5
68
104% 1043/4
*104
72
&
49
■
__
D
57
81
81
1073/4
81
109%
89%
Number 4623
"Volume 166
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW
YORK
RANGE
Friday
BONDS
Last
Period
Sale Price
or
mtge
ser
fixed
int).
(3%
mtge
High
Friday
BONDS
New
January 1
Low
No.
York
Interest
Last
Period
Stock Exchange
Sale Price
High
Week's
Range
Friday's
or
49 %
50 y2
110
High
1987
J-J
1961
j-j
1961
J-J
*112Va
4%s
69 %
69% 70%
105% 106
10
69%
73%
14
105%
108%
1965
A-0
mtge 3%s series G—1966
3s series H
1970
M-S
J-D
108
108%
gold 4s 1995
J-D
*68
72 ya
62%
J-D
*52 V8
65
50 y«
1961
M-N
M-S
High
123%
53
68 %
107
1961
J-J
1997
A-O
*184%
A-O
*105
105%
M-S
*2
2%
108
112%
—
1964
—
54
Det Tol & Ironton RR 2%s ser B..1976
unguaranteed
Kings County El L & P 6s
Koppers Co 1st mtge 3s
t AKreuger & Toll 5s ctfs
1
112%
102%
102%
180
187
104
105%
69
1995
Low
*107 V8
J-J
January 1
121%
No.
57%
1961
Range Since
Sold
122% 122%
Stamped
59%
38%
Bonds
Bid & Asked
Low
Kentucky Central gold 4s
Kentucky & Indiana Term 4%s
50
J-J
1993
contingent
4s series F
1%
23
Range Since
Sold
27
RECORD
AUGUST
Plain
Apr
contingent int)
Denver & Salt- Lake—_
Income
ENDING
Grande West
Rio
A Income
(cont)—
A (4%%
2018
Bonds
Friday's
Bid & Asked
Low
1
Denver &
BOND
WEEK
Week's Rang©
Interest
Stock Exchange
New York
FOR
(779)
Detroit Edison
ref
Gen
Si
Gen
81. ref
Detroit & Mackinac 1st lien
.
ASecond
Detroit
gold 4s
Term
4%s_.
Tunnel
&
105%
*108 y4
106%
104% 106
90%
5
109
107%
21
109%
103%
1959
.
1961
gold 5s__1937
Sou Shore & Atl
t § A Dul
Light
Duquesne
90%
J-J
100%
M-N
1965
3%s
M
1st
,
J-J
debs
2.35s
91%
Lake Sh & Mich Sou gold 3%s
3 %s registered 2.
94
100 y#
37%
103%
15
%
101 Va
30%
11
103% 103%
103%
90
18
100% 100 %
*36 Va
39%
3%
L
110%
1997
J-D
1997
J-D
—
mtge income rcg
1973
DM
..
Lehigh Coal & Navigation Co—
S F mtge 3%s scr A___
Chemical
Dow
2
1970
A-O
107%
Lautaro
A 1st
Nitrate
Co
101%
90% 103%
96
99 Va
6
101% 101%
4
96
96
85
86%
Ltd—
75%
15
98
4
99% 100
88
% 1017/a
Lehigh Valley Coal Co—
1st &
East Tenn Va & Ga Div 1st 5s_
1956
M-N
Ed El 111
(NY) 1st cons gold 5s_
Elgin Joliet & East Ry 3%s
1995
J-J
1970
M-S
El Paso & S'western
1965
A-O
1st
5s
118 Va
Railroad
Gen
110
110
69
2015
J-J
E
1964
A-O
*
ser
F
1990
J-J
*
2000
J-J
1953
M-S
cons
1st
cons
Ohio
inc 4Vis
series
3V*3
mtge
A.
G—
ser
mtge 2s ser H
Div
1st
Firestone Tire
mtge
1971
3%s
Si Rub
deb__,
3s
&
ref
II
;
5s
*
81
94yu
"4
99%
„
1974
1974
104
104
4%s registered
5s stamped modified..
103 V*
50
5
2003
—2003
72'/a
65 Va
*100 %
;
2003
84%
of
deposit
Frwicisco Sugar coll trust 6s
1956
103%
M-N
103% 104%
.103%
9
stamped
4s
G
66%
J-J
M-N
36%
ri..,
M-N
38
A4s
debs
inc
*105%
—
__
.1969
M-S
mtge
2%s .1965
M-N
Grays Point Term lit gtd 5s
.1947
J-D
_1952
J-J
116% 116%
1973
J-J
131
-1976
J-J
conv
Goodrich
Great
(B P)
Co
Northern
General
5s
Ry
5'/2 s
General
1st
83
83
83%
5
102 Va 102 Va
__
77
1
105%
&
B
C
M-N
115
72
A-O
113
M-N
106
25
104%
94
98 V*
6
96
103%
—1855
M-N
112% 112%
4
A
ser
IOO
J-D
94%
98%
ser
Q
2010
J-J
87
01
Gen mtge 2 Vis ser R
1961
J-J
07
09
62
65
97%
*8
1
~
9
7%
102% 102%
—
8
101%
133 %
129
Corp 1st mtge 3s
.1966
;
Metropolitan Edison 1st mtge 2%s_1974
Metrop Wat Sew & Drain 5%s—1950
J§AMet West Side El (Chic) 4s._1938
Michigan Central—
Jack Lans & Sag 3%s
..1951
1st
9
J-J
1975
102% 102%
101
1
1st
105%
75
40
66%
a
98%
85
2
83 ya
80
74
1
80
103% 103%
3
103
106 Va
15
106
A-O
98%
98%
30
29
2
98%
r-A
31
u-a
J-J
*103 Va
109%
''
M-S
A-O
'
to.—
mm
■
86%
*•••*•
26
109 % 109%
*100%
2015
J-J
1st & ref 2%s series D
1969
A-O
Gen
2044
mtge inc 5s series A
mtge inc 4s ser B
Gull States Util 1st M 2%s
77
99% 100 %
56%
M-N
—1976;
71
99%
— — M
55%
99 %
72%
100 Va
101%
Minn St Paul & Sault Ste Marie—
1st
-
Missouri-Kansas Texas
H
Hocking Valley Ry 1st 4y2s
ISAHousatonic Ry cons gold 5s
Household Finance Corp 2%s
1999
101% 101%
J-J
1937
M-N
1970
J-J
Hudson Coal
1962
J-D
1949
M-N
1957
F-A
1st
s
series
f 5s
A
Hudson Co Gas 1st gold 5s
Hudson & Manhattan 1st 5s A
100%
:
102%
*135
138
137
74
74
89 Va
101
86%
100%
86%
102%
103%
80
95
109
111
55
—
43~%
57%
15
79
♦107% 108 %
102 Va
87
107%
109%
48%
63%
ft
90%
90%
00%
8
90
07
48 Va
48%
16
43
58%
j-D
80%
80
80%
19
69%
95V*
1962
J-J
81%
82
7
75
96
68
8
series B
1962.
series D._—_—1978
ACum adjust 5s series A—Jan 1967
^Missouri Pacific RR Co—
A 1st & jref 5s series A—
—1965
Hen 4Vis
A General
'
J-J
4s
40-year
Prior
140%
*71
86%
32
J-J
RR—
series A
Prior lien 5s
M-S
21
•«
'
Jan 1971
Jan 1991
mtge 4s inc ser A
Mo Kansas & Texas 1st 4s
2%s'__1970
80
105% 106 Va
98 Va 102 Va
1990
inc ser A
mtge 4Vis
AGen
Hackensack Water 1st mtge
*49
93
103%
101%
52%
1
101% 101%
—
IJAMidland of N J 1st ext 5s
86%
8
44
57
77%
102
•
'
Gen
112%
mm
*85%
M-S
1940
60
*100%
M-N
1969
2%s
mtge
103%
M-N
1979
Michigan Cons Gas 1st mtge 3%s_1969
1st & ref 4s series B—
M-N
1952
gold 3 Vis
& impt 4Vis series C
Ref
104%
RR
M-N
99% 100
80
75
J-D
12
Feb
111%
84
J-J)
J-J
A-O
..
1960
1st mtge &
1982
1959
•'
M
Maine Central RR 4%s
P
:
108%
7
97%
ser
B
106
96%
mtge 2%s
ctfs
104
mrn
97%
Gen
Ohio
101% 104
112% 115%
4
96%
Mead
&
104
106
104%
Mobile
102%
101 Va
8
A-O
104 V*
A Debentures
118
101%
—.
102 % 102%
•to.
M-S
98%
Gulf
118
*118
M-a
A-O
100 Va
Greyhound Corp 3s debs
116
2003
2
*63%
113
2003
gold 3s
11
__
2
—.1980
M 2%s scr G
102% 103 Va
Feb
4
113%
105% 107%
101% 101%
Bay & West deb ctfs A
128
113
12
J-J
A Green
80
128
A-O
107
J-J
88%
52%
128%
127%
105%
1990
88 %
43
107
-2000
*97%
67
*105 Va
O
—
72
39
4
72
10
44%
M-S
N
2%s
45%
33 %
A-O
ser
Gen mtge
39 Va
'
1966
ser
20
97% V
27
31
1
39
40
,—.1963
mtge 3yas
124% 126%
130%
124%
97%
82
42%
113
mtge 3Vas
97%
38 %
66%
28 Va
*112
Gen
124%
34
38
3
52
F-A
Gen
General 4%s series D
36%
87
70
•
Atl Knox 81 Cine Div 4s
117%
2
35%
44
A-O
101 Va
—
131
70
'
102 Va 102 %
coll 4s ser B
1954
Manatl Sugar 4s sink fund—Feb 11957
AManila RR (Southern Lines) 4s__1959
.,
66%
58
83%
*35
Co—
series
series
82
84
103'/a
101 Va
1
17
Va
MS
3%s series F
M
ref
ref
St Louis DiV 2d
85 Va
102 Va
3
♦100%
—
105%
--
83%
34
—
66
68%
—
F-A
87
87
83
82
1951
& Nashville RR—
1st &
1st
J-D
..
1949
Louisville Gas & Elec 3Vis
Gas 81 Elec of Berg Co cons 5s
.1949
General Realty & Utilities Corp—
"l
—
*102 Va 103%
—'
(P) Co deb 5s
3s debentures
Louisville
84%
84%
M-S
Lorillard
106
83%
*82%
'
ACertificates
99%
—
*85
F-A
101%
101%
100%
*100%
2003
Lehigh Valley Terminal Ry ext 5s_1951
Lexington & Eastern Ry 1st 5s
1965
Liggett & Myers Tobacco 5s
1951
Little Miami gen 4s series A
—1962
Long Island unified 4s——__—1949
Guaranteed ref gold 4s
1949
105%
100 Va
G
57
—1954
registered
stamped modified
4%s
105%
F-A
F-A
1964
stamped
4s
100%
105
__
*102 % 103
57
94
87
99%
.
56
.,
sink fund 5s_
Lehigh Valley Ry Co NY 4'/is ext_1950
Lehigh Valley RR—
4s stamped modified
—2003
102%
88'/a
88
104
;
--
M-S
59%
99%
—
•
J-D
1974
41
90 %
*99
1964
Leh Val Harbor Term gtd 5s
99 %
88
fund 5s
stamped
5s
1st & ref
112%
1954
1954
sink
ref
&
105% 113
69%
—
M-N
__1959
series A_
5s
69
-
M-S
.1961
^Florida East Coast 1st 4%s
A 1st
104%
8
sink fund 5s
ref
stamped
1st
106%
105
*106%
ser
1st
121
Co—
mtge 3 Vis
mtge
cons
118%
~4
105% 105%
1st cons mtge 3Vas
1st
1
*155 Va
A-O
Erie
5s
>-* co
4s
J-J
*
61
85%
69%
71%
86%
63
63%
21
48
82%
76%
28%
77%
23
62%
85
30%
69
18%
39%
77
76%
77%
168
62%
85
76'/a
j
63%
28%
A-O
77%
17
63
84%
r-A
.-1975
.-
67
67
J-J
Feb 1957
y
14%
A-O
56
14%
72
57'/a
MS
15%
56
13%
23%
1977
MS
—1978
M-N
A Conv
gold 5 Vis ser A_——.1949
ref gold 5s series H——1980
1st & ref 5s series I
1981
M-N
23
22
24 Va
107
15%
32
A 1st
AAdJ income 5s
57
A-O
76%
76%
77 %
36
63
84%
r-A
77
76%
77%
99
62%
85
4s—1991
M-3
69
69
Monongahela Ry 3%s series B_,—1966
Morrell (John) & Co 3s debs
1958
r-A
A 1st &
A
1st
gold
4s
.—1951
A-O
1951
A-O
...1955
trust gold
Refunding
Cairo Bridge
gold 4s__
Lines
Registered
1st
100
99%
81
71
93%
15
93%
...
1950
1st
gold
gold
1951
1951
1951
3%s....1951
—1951
4s
rnrnrnmrnHmmm
.....
99%
89
*106
J-D
J-J
98%
'
i
i
F-A
„
„
67%
84%
107%
108%
100 Va
100%
**—»
,
.
:
99%
2
97%
100
96 Va
96'/a
1
96
100
*96
97
100
J-J
J-J
—-
F-A
•„
— -
mum
100
3
*100
L_
—-
*102% 103%
97
98%
100
«...
*100.
101%
103%
97
to—
101%
1963
J-D
94
937/a
94%
69
81%
98%
J-D
87%
87ya
88%
40
73
92%
80%
80%
5
70
85%
5
08%
101%
99%
101%
97%
98
series A
5s
1st ref mtge 4s ser D
1963
J-D
1970
J-J
Indiana 111 Si Iowa 1st gold 4s_..._1950
J-J
Illinois Terminal Ry 4s ser A
100
100
*100% 103
Indianapolis Union Ry Co—
Ref
Si
Imp 2%s ser C
1986
^International Great Northern RR—
A 1st
A
6s series
1952
A
5s
A 1st
B
series
gold
5s
57 y4
58%
27
43
65%
A-O
19'%
20%
33
14%
30
J-J
51%
52%
15
40 Va
59%
1956
—
series
57%
J-J
97%
——1956
Adjustment 6s series A
A 1st
97%
J-D
J-J
*50 %
July 1952
C
iAInternat Hydro-Elec deb 6s
Rys Cent Amer 1st 5s B
1944
99%
A-O
1972
Lit
M-N
42
53
98%
99%
*iooy4102
Essex
M
Jersey Central Pow
Jones
81
&
St
*80
2%s
Laughlin Steel 3%s
1976
M-S
»—
1961
J-J
59%
97%
106
99%
61
105
77%
103% 103%
83
.
B
1986
Products 2%s debs_1970
National Steel Corp 1st mtge 3s—1965
National Supply 2%s debs...
1967
JANaugatuck RR 1st gold 4s_.
1954
Newark Consol Gas cons 5s——1948
5tANew England RR gtd 5s_.__..1945
1st mtge 3s
"
93
102% 105%
103%
102%
104 %
ser
1945
1952
fAConsol gtd 4s
Tel & Tel 5s A—
1st gtd 4Vis series B
_1961
N J Junction RR gtd 1st 4s—..1986
New Jersey Power & Light 3s
1974
New Orleans Great Nor 5s A—.—1983
New Orleans & Northeastern RR—
Ref & Imp 4Vis series A
1952
New Orleans Term 1st gtd 4s—.—1953
j New Orleans Texas & Mexico Ry—
jANon-cum inc 5s series A
—1935
ACertificates of deposit
A 1st 5s series B
—
1954
ACertificates .of deposit
——
A 1st 5s series C
-1958
ACertificates of deposit
——
A 1st 4Vis series D——
19»&
ACertificates of deposit
A 1st 5%s series A
—
1954
ACertificates of deposit
New England
4s
Ref
&
Ref
&
Central RR Co—
series A
impt 4Vis series A
impt 5s series C.
K
1976
J-D
*104% 105
1950
A-O
1975
A-O
Kansas City Terminal Ry 2%s
1974
A-O
104 Va 104 Va
104 Va
1
103% 104%
61
*—
104%
105
104%
*101
Kansas City Power & Light 2%s
Kansas City Southern Ry 1st 3s
1st mtge 4s ser A„
,
100
A-O
1st gtd gold 4s__1990
513%
58Va
72
72
4
105%
78
106
101% 103%
:
—
59 Va
72%
U
53%
63
10
65
74
25
59
M-N
fc7
66%
67
M-S
99%
99%
99
105%
104
104%
101%
105
103%
105%
*1001/4
M-N
5
68
09%
101%
100%
%
—
100%
N Y Central &
Hudson River RR—
|997
registered
199?
Lake Shore coll gold 3 Vis
1998
3 Vis registered
1998
Mich Cent coll gold 3%s
1998
3%s registered.;
—•-——1"8
New York Chicago & St Louis—
Ref mtge 3%s ser E_—
1980
_a—
1„
to
105%
IQRft
7
J-D
15
M-N
*104%
J-D
J-J
72%
J-J
71
—
6
73
71
8
J-D
106% 106%
3
M-N
122
122%
21
*..
F-A
102
J-J
*98
105%
J-J
103% 104
85%
90
*76%
3
9
—
101
106%
65 Va
65
84
81%
106 %
109 %
122
124%
109
105
104% 100
101
106%
78%
93
78%
25
88
96%
96
88
101
107
102
A-O
100%
101
%
J-J
A-O
99%
104 %
106%
110
108
M-S
97%
105
104%
2
35
103%
100
98%
103%
103 V
3-D
A-O
106
105
100% 100%
98%
r-A
96
1
96
96
5
87
80
98%
83%
96
96
*90Va
F-A.
97
95%
79
91%
81%
83
F-A
95%
90',2
A-O
99%
99% 100 Va
14
A-O
A-O
So
86
♦86
90%
101 %
99
61%
81%
72%
70%
74%
16
73%
93
64 %
82%
82%
81
83 Va
55
72%
92 V*
88%
887/;b
70
r-A
.2013
2013
3Vis
& Mich
J-D
M-N
Louis—
National Dairy
General mtgt 3Vis
Kanawha
105% 105%
♦102%
60
N
Cons
J-D
—1959
1st gtd 3 Vis
A
series
Nashville Chattanooga & St
New York
James Frankl & Clear 1st 4s
5s
106
41
99%
J-J
J-J
mm
109
— —
•
Constr
100%
12
21
81%
2000
1955
Constr M 4%s series B
——1955
Mountain States Tel & Tel 2%s—1986
Mutual Fuel Gas 1st gtd 5s
1947
&
Morris
105%
M-N
2
102
Chic St L Si N G—
ref
ref
&
;
100%
98%
.
104% 105
81%
101%
101%
4%s series C——_—1963
1st
&
102
'
Springfield Div 1st
Joint
99%
F-A
Omaha Div 1st gold 3s
...
St Louis Div & Term gold 3s__
Gold 3%S
111 Cent and
105
11
99% 100
*99 Va 100
M-N
...1966
Litchfield Div 1st gold 3s
...1951
Louisville Div & Term gold 3V23.1953
Western
99%
M-N
...1955
*
102
__
71
•
105%
101%
*101% 105
99% 100%
J-J
...1953
4s
5s
40-year 4%s
——
M-N
...1952
4s_____
2
—
M-S
.1952
102%
7
103% 103%
*101%-
J-J
Purchased lines 3%s
Collateral
103 Va
J-J
,
—1951
trust gold 4s
Refunding
103% 103%
J-J
l«t gold 3Vis
Collateral
series F—
ref 5s series G_
Moh'k & Malone 1st gtd gold
linoii Bell Telep 2%s aerieS A....1981
linois Central RR—
Extended 1st gold 3Vis__
1st gold 3s sterling
& ref 5s
A 1st
J-J
*85
J-J
68%.
F-A
7
69
10
69
F-A
*63
F-A
98%
98
69
~9
93%
94
81%
74 Va
62%
77
72%
61
66%
99
67
73%
67
F-A
86
84
87
18
94
90 Va
101%
97%
.
28
(780)
THE COMMERCIAL &
FINANCIAL CHRONICLE
NEW
YORK
RANGE
Friday
BONDS
New
York
Stock
or
gale Price
Friday's
Bonds
Connecting RR 2%s
N
Dock
Y
1st
gold
B.-1979
ser
4s
N Y & Harlem gold 3%s—.
N Y
Lack
4'/2S
&
West
series
A
J-J
.
Af-N
Y
1st
48%
39
28%
46
47%
36
27%
47%
59
28 %
48%
79
28
28
48
52
51
49
107
28%
52%
143
A-O
30%
80%
•
3s
80%
72
53%
12%
13%
45
J-D
9
Ref
&
Ref
49
48%
50%
176
29
&
Af-N
*__
M-8
98
.
9%
10%
78
4%
9
3
—
103% 103%
A-0
—
5
67
--
67%
J-J
J-J
-
106%
trust 4%s
Northern States Power
1943 c"
*32%
(Wise)
1st
mtge
1946
J-J
14
11%
"
V
1
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1980
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1976
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1973
22
Exchange
No.
100%
♦110
1973
ANon-conv deb 3%S
ANon-conv deb 4s
100
J-J
2043
—
series
—*.
99%
Af-N
.
2043
4s
B
F-A
2000
Mtge 4s series A
Mtge 4s series B—
RECORD
AUGUST
January 1
High
99 Vi
A-O
1951
ENDING
Range Since
Sold
Bid & Asked
Low
N Y
BOND
WEEK
Week's Range
Last
I°teye"t
Period
Exchange
FOR
Monday, August 25,
1947
W
Wabash RR Co—
Gen mtge 4s inc
ser A
Gen mtge inc
4y4s ser B
1st mtge 3'/4s ser
B
Jan 1981
Jan 1991
1971
80
94
80%
92%
95%
102%
.
Number 4623
166
Volume
THE COMMERCIAL &
FINANCIAL CHRONICLE
NEW
YORK
RANGE
Friday
BONDS
Last
Period
Sale Price
or
Friday's
M-N
G & W 23/4S debs_1966
Walworth Co conv debentures 3%s_1976
Ward Baking Co—
5%s debs (subordinated)
1970
Warren RR 1st ref gtd gold 3%s__2000
Washington Central Ry 1st 4s
1948
Washington Terminal 2%s ser A__1970
Westchester Ltg 5s stpd gtd
1950
Gen mtge 3Vis
1967
West Penn Power 3%s series I
1966
Western Maryland 1st 4s__
1952
Western Pacific 4%s lnc ser A—2014
(Hiram)
Funding & real estate 4y2s
gold
25-year
M-N
22
Low
»53 y2
F- A
100%
J-J
106%
A-0
102%
May
ACertificates
101%
113%
106%
106% 106%
102% 103
106%
101 Va
101%
Electric
Wisconsin
Public
Bonds
A-0
Sold
High
J -J
—
♦llfc'%
70%
70%
deposit
72
71'A
Af-N
118%
82%
60
1
66
22
*19%
High
105%
29
711/4
*21%
Low
103%
116%
*103% 1041/4
J-J
Range Since
January 1
No.
—
75%
15%
24%
21
18
Power
2%s
1976
J-D
*—
IOI1/4
100%
Service
3lAs
1971
J-J
109
109
108'A
Power 2%s
1976
102
106
79%
Range
Friday's
or
Bid & Asked
106%
7
1958
_1960
1949
of
Wisconsin
109%
15
Bale Price
§ ASu & Du div & term 1st
4s___1936
ACertificates of deposit
107%
10
Last
Period
§ A 1st general 4s
103
110%
Interest
Exchange
Co 1st mortgage 3s
Winston-Salem S B 1st 4s
{Wisconsin Central Ry
60
102
1103A 1103A
♦106% 107%
J-D
Stock
Wilson A
107%
50
♦ioiy2103
J-D
100
105%
60
*100% 101
York
Low
100%
94
♦10614 107
Q-M
New
High
97%
97'A
Week's
Friday
BONDS
January 1
No.
100'A
97'A
F-A
1013A 102
—
1st
Shore
guaranteed
4s
M-N
108
90%
90
102
MS
102%
J-J
102
included in
101%
103
not
included
the
Bankruptcy Act,
67
8
64 3A
7
8
1043A 1043A
MS
♦—
1970
ioiy2
57
1091/4
55%
10iy2 102
'
72%
104%
106%
102%
1-101%
the year's range,
in the
n
In
year's
range,
101 y»
100
*99'A lOOiA
the
d Ex-interest,
sale not
r Ca§h sale
Odd-lot
e
Under-the-rule sale not Included in the year's range,
year's range,
y Ex-coupon.
§Negotiability impaired by maturity.
tThe price represented is the dollar quotation per 200pound unit of bonds. Accrued interest payable at the
exchange rate of $4.8484.
{Companies reported as being in bankruptcy,
receivership, or reorganized under Section 77 of
76%
100
100%
j-j
delivery sale not included
103
65
J-J
Deferred
a
101%
641/4
MS
1967
Yonkers Elec Lt &
95%
93%
6
102% 102%
65
J-J
95%
76%
75
3
Af-S
D
ser
46
931/2
881/4
M-N
1949
Wheeling Steel 3'As series C
3'As
941/4
9iy2
90%
1992
Wheeling A Lake Erie RR 4s
Gen A ref M 2%s series A
mtge
92'%
92 3A
MS
2361
Registered
94 y4
J-D
1950
1951
I960
1951
1971
2361
5s—.
5s
Westinghouse El & Mfg 2%S
2%s debentures
30-year
1st
RECORD
AUGUST
Union Telegraph Co—
Western
West
ENDING
Range Since
Sold
High
♦100
A-O
Bonds
Bid & Asked
Low
Walker
BOND
WEEK
Week's Range
Interest
Stock Exchange
New York
FOR
106
or
securities
♦Friday's bid and askf.d
selling flat.
1011/2 102
assumed
prices;
no
by such companies.
sales
A Bonds
being transacted during
week.
current
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
In
footnote
a
in
and deferred
the
week
in
delivery sales
which
they
disregarded In the week's
are
No
occur.
account
Is
taken of
such
YEARLY
AND
RECORD
unless they are the only transactions of the week,
range
sales
in
computing
and when selling outside the regular weekly range are shown
the range for the year.
In the
following extensive list we furnish a complete record of the transactions on the New York Curb
Exchange for the week beginning on Saturday,
Aug. 16, ana ending the present Friday, Aug. 22. It is compiled from the daily reports of the Curb Exchange
itself, and is intended to include every security,
whether stock or bond, in which any dealings have occurred
during the current year.
•
RANGE
Week's
Friday
Curb
Exchange
Range
Low
STOCKS—
Aluminum
Wire
Aeronautical
4%
Alloys
1
common
Co
High
Low
Products
lnc
Supply Mfg capital stock
Agnew Surpass Shoe Stores..-
12%
8
300
6% May
2% May
2%
~2%
2%
900
2% Aug
Jan
Baldwin
7 %
Feb
Air Investors
12
200
7%
8
800
7%
Mfg Corp common
00c convertible preferredAir-Way Electric Appliance—
2%v
2%
•
10
3
~6%
6
Alabama
Alaska
Great
-
Southern
800
Power
4.20%
Airlines
Allied
Products
Aluminum
$3.75
Co
Aluminum
American
Ltd
•
19
Jan
Beau-Brummel
6% July
4 >•'
59
104 % 104%
104(4
92
108
<
5%
11%
Jan
Jun
•
21%
—
21%
Jan
23
Jan
25
Feb
48% May
80
Jan
102%
400
19
common
182
750
22
Jan
161% May
32
195%
Hedges
Bohack
7%
Bantam
Car
Beverage
Book
Co
^
1
3
3
1
common
Co
86
51%
A
Hoe
Gas
A
5
May
2% July
10
70
50
Mar
90
507/a
5%
5%
Electric
6
%
U
u
1,900
4 %
600
%
preferred
1%
Jun
•
20%
20
20%
250
10
common
52% Aug
7% Jan
May
38%
38%
38%
4,100
37%
Jan
2%
100
110%
Apr
2%
2%
7,800
43%
43%
100
100
—
2%
T
.
17
23
May
43%
113
,
$2
General
convertible
Corp
> 2%
-1
—
$2.50 convertible preferred
American Hard Rubber Co
American Laundry Mach
18%
17%
18%
20
34%
34%
34%
American Light A Trac
25
19
18%
19
30%
30%
16%
16%
3%
3%
preferred
25
American Mfg Co
American
American
American
'
Metal
Meter
25
common
Am
Jan
Products
Apr
51
Co
450
13%
250
29% May
37%
Feo
1,900
*24%
Jan
100
18% Aug
28% Jun
500
14 %
18% Aug
Jan
Class B
Amer
Class
B
Brown
Forman
Brown
Rubber
Bruce
(EL)
21%
23
900
15
Jan
24% July
—
46%
46%
300
35
2% May
4%
Jan
48
Aug
43
Feb
1,800
May
29% May
43%
Feb
American
Republics
American Seal-Kap
Amer Superpower
16% May
$6
series
32
34%
Corp
10c
preferred
1%
7,100
57%
350
47/a
5
8
600
56
"I
•
American Thread 5% preferred
American Writing Paper common
500
4%
4
2
com
19%
1
10
common
36%
18%
36%
Bruck
9
9%
5
18%
100
18% Aug
%
8 %
100
7(4 May
6% May
3%
3%
4,800
3
12%
12%
1,300
7%
10%
10%
100
50
50
3%
1
*
10%
Post
Angerman
Products
Co
Anglo-Iranian
Am
dep
lnc
Oil
rets
2
common
1
23%
Jan
Feb
Apr
1%
Jan
Burry
Butler
May
4% Aug
7% Jan
63
■
5%
common
24% Mar
11%
May
Jun
ord
Elec
£1
reg_.
Pwr
18%
12%
13%
18%
15
800
14%
200
6
200
5%
16%
--
"3%
"3%
200
1
9%
9%
1,500
114% 114%
280
~9%
pfd—100
114%
•.
(PH)
10s
*
15
1
—
6%
preferred
—
6
6
6%
Jan
132
Apr
Jun
37
Feb
17%
Jan
17% May
22%
Jan
1,700
5%
5%
6%
2,600
X112
2,100
4
Jan
5%
Aug
75
23
Jun
26 Va
Jan
8%
8%
600
10%
Jan
6(4 May
22
22%
200
•
10
Arkansas Power A
Light $7 preferred-*
Aro Equipment
Corp
2.50
Ashland Oil A
Refining Co
Associated Electric Industries—
American dep rects reg
Associated Laundries of America
Associated Tel A Tel class A
Atlantic Coast Fisheries
Atlantic Coast Line Co
Atlas Corp
warrants..?
Atlas Plywood
Corp
-
Automatic Products
Automatic Voting Machine
Avery (B F) & Sons common
6%
preferred
Ayrihir# Collieries Corn
1
5%
6%
10%
6
10%
10%
7,300
■/
500
Jan
36
Feb
20% May
25
Jan
21%
Jan
20%
Feb
4%
Feb
.14% Aug
14%
Aug
3%
3%
3%
300
3% Aug
23
20%
21
800
July
27% Mar
1% May
2% Mar
7%
38
600
500
23% July
15% May
11%
11%
11%
600
17
17%
1,000
13%
13%
14%
250
9
Feb
32
Jun
47
Jan
25
7%
38
Feb
26 %
Feb
10%
Jun
12%
15% May
10% May
14 Va
5% May
74
6,100
3%
1,500
3 % May
13%
200
12% May
BOO
3%
3%
100
%
7
9%
Jan
Cable Electrio Products common
7%
Jan
Cables
Jan
Wireless—
A
24
5"%
10%
July
Feb
5%
Estate
Feb
114% Mar
Sugar
Calamba
Electric
California
Camden
8%
Feb
6%%
3% May
Jan
10%
11%
1,200
12%
12%
2,600
9%
9%
100
1
1
400
Jun
9% May
10%
6% July
11(4 July
114
14%
Mar
Feb
Jan
12% July
9% Aug
% May
11% May
4%
12%
11% July
9% Feb
4
£1
•
"l
•
1
5%
~5%
"5%
800
Jan
5% Aug
1%
Jan
50
Apr
63
July
-1
3%
Jan
8
Mar
7% May
10
Jan
3%
2% May
Ltd
Conv
Canadian Industries Ltd—,
7% preferred
Canadian Marconi
Products
Carey Baxter & Kennedy Inc..
Co common—
Carnation
Co
1
1%
1%
37
-1
~7%
.10
26
6%
26
50
common-
37
7%
26
50%
2,500
50
900
100
70
—
6%
5%
1
5%
30%
30 %
6%
200
5% May
12%
12
12%
300
10% May
26%
26%
50
50
1
,5%
•
8
6%
28
1
50
31
6%
7,200
3% May
7
Feb
Carolina P
1,400
24% May
37
Feb
9
Jan
7%
Feb
A L $5
Carr-Consol
200
5% Aug
16
Feb
25
24(4
Jan
27
100
31%
Feb
49% Aug
Jan
Carreras
Amer
Carter
Casco
Castle
pfd
9%
Biscuit Co
9%
9%
—
5,200
Ltd—
dep
(J W)
(AM)
Co com
A
May
May
22
May
15Va
Jan
15
Jan
Jun
6%
165
Jun
3
Jan
Apr
45
Mar
Jan
10%
July
1% May
34(4
Feb
32%
Jan
43 %
Jan
51
Aug
115%
Feb
119
July
874 Aug
20
Jan
23
1% July
rets B ord
Products
Jan
26
165
-100
—
Capital City
A
20
9 % May
voting
non
Jan
May
9% May
voting
B
23 Va Mar
22
*
preferred
Class
Feb
Jun
20
Canadian Industrial AlcoholClass A
5%
26
20
Canadian Canners Ltd
Apr
3% Mar
100
21%
preference
Carman
an
8'/a
1
4Va
800
6%
"8%
Insurance
Fire
Jun
8%
_1
-1
Cement Co Ltd common——*
Canada
10%
pfd.
Power
3%
2% July
11
Caliite Tungsten Corp
6% July
May
Feb
13'A Aug
Feb
Apr
Jan
Aug
1 % Mar
Jun
1
3%
13%
1
Feb
19% Mar
Feb
3 %
110%
——
Feb
22
33
9% .Feb
4% May
•
Feb
20
12% Aug
5%
23%
12 %o
28e
May
3% May
7% Jan
1,300
•
Apr
55
May
5%
17%
——-
common
Canada Bread Co
Argus lnc
Arkansas Natural Gas common
■;•/
Common class A non-voting
Feb
Jan
23%
5%
1
2.90
1
Sullivan
A
American dep rets
1
4%%
8%
7
\
Angostura-Wupperman
Apex-Elec Manufacturing Co
Appalachian
8%
Co Ltd—
Jan
Jan
4
10
May
37% May
21%
25
*
-•
1
---*
Pipe Line
Ring Co
Corp Am dep rcts_:
Biscuit Corp
Burma
6%
6%
—
Jan
11%
'
Anchor
Jun
274
14% May
50
116
*
——1
1
5
*
Piston
42
1,300
common
Mills Ltd
Silk
1
1,000
2%
Burd
Distillers
Co
Co
Bunker Hill
Aug
4
ord reg
rets
dep
British Columbia Power class A
Feb
23
•
18%
35 %
~i-
Celanese Ltd—
British
32% July
17% July
Apr
~3%
•
rects ord bearer
dep
Buckeye
American Potash A Chem class A
18%
Jan
Feb
Feb
23
Jan
2
Co
May
180%
1 % May
£1
-£1
Am dep rets ord reg
3%
1
Co
Apr
com_*
Jan
3%
May
Tobacco—
American
Jan
49
•
Maracaibo
151
31
10
-
23
1% July
400
2
156
3,900
8
Feb
May
1%
*
•
A
Jun
2% May
2,600
6 7#
23
common
16
Feb
8% Mar
•
14% July
British-American Oil Co
43%
1
400
Co common
47
10c
common
preferred
18 %
Jan
7%
20 Va
'
Jun
1%
*
*
Oil Co
Class
6
16
1
Light Co
Gas
BriHsn
American
Pwr
Corp common
Aeronautical
Bridgeport
Brillo Mfg
Feb
Jan
A
Brewster
Jan
May
Lgt
500
Feb
19%
5 % May
.
7(4
1%
156
*
100
common
Traction
Bridgeport
18
1
preferred
Brazilian
1,000
6%
May
1%
Corp common
Bourjois lnc
May
6%
3
Co
6%
16
1
Scrymser Co
Borne,
3% Mar
Jan
200
Feb
Apr
»*
1
Steel Fdy A Mach Co
(H C)
Breeze
51%
American A Foreign Power warrantsFork
2 %
a
1
American
100
86
—
29
B
American
1,900
2%
2%
loo
American Cities Power & Light—
Class
A
3%
Feb
11
3,800
•
common
common
1st
~7 %
~2
(Philip) A Co lnc
Blumenthal (S) & Co common
Feb
6%
156
Blum
July
Jan
13
9% May
1
preferred
Gay Furniture
Blue Ridge
~6%
100
Convertible
Birdsboro
5%
1
Bickford'a lnc common
Aug
50% July
42%
Jun
July
3% May
-
1
com
Canada
A
•S 5
1
Aircraft common
Blauner's
105% Feb
Apr
18
179
—
Feb
350
1
Shoe Corp
(A S)
Berkey A
Feb
37 Va May
40%
1,700
8
lnc
Ties
Benson
Jan
May
40%
9% May
——.1
& Co common
Bell Tel of
Mar
15
300
(L)
Bellanca
4
1,900
Refractories
Beck
-,:T-
Jun
3
150
57%
58
common.
American
4% %
9
104% Apr
100
18%
—
Too
Mfg
American
Class
Basic
Bauman
13
common.
preferred
Industries
Feb
Jan-
1
High
8
convertible A common
Jan
6% Aug
common— —5
America
Goods
Aluminium
25
3%
common
of
cumulative
Aluminum
3%
—
—1
(Mich)
Altorfer Bros Co
105% 105%
__1
*1.20
J
81
100
pfd-
Inc.
Alles A Fisher common
V
50
40%
1
common
Corp
Seelig Mfg—
A
5%
38
July
•/
?
-90
-
Barlow
4% Feb
Co
Steel
Barium
Feb
48%
shares
4%
1,500
Low
los Andes—
2% Aug
4% Aug
31
"2%
50o
.
Alabama
May
Feb
12%
Jun
3 %
10
Aireon
15
10% May
1
common
Convertible preferred
1
11%
"7%
1
48%
30
Rubber
de
Banco
8
Range Since January
High
Locomotive—
Baldwin
•
;
Shares
Low
*
preferred
American
Alniworth Mfg common
Air Associates lnc (N J)
for Week
B
Wilcox Co
Babcock A
Jan
■3%
Sales
Range
of Prices
Par
30% July
11% Feb
3
Week's
Last
Sale Price
Exchange
Feb
5%
23
1
Curb
Jan
8
1
"Aero
5%
4%
2,600
York
High
:
May
4% Aug
10
1
New
Range Since January 1
3
Adam Hat Stores lnc
22
AUGUST
Friday
Shares
Par
Acme
ENDING
for Week
of Prices
ACF-Brlll Motors warrants—
Acme
WEEK
Sales
Last
Bale Price
STOCKS—
York
New
FOR
common
Co
8s od
1
10
10
3
Apr
Apr
11
Mar
May
9
Jan
9
0
—1
10
100
33%
33%
33%
50
80
May
43%
Feb
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW
YORK
RANGE
Friday
Range
of Prices
ale Prloe
Exchange
Curb
Par
Gitalin
Cent
3.50%
Power
Lt
to
pfd—
Central & South West Corp—
I Cent States Eleo 6% preferred
1% preferred
Conv pfd opt div ser
Conv pfd opt div ser 1929
preferred
Service common
3%
1
.——
19
,
50
425
72
72
25
TO
—
"l%
-1
Jun
Falrehlld Camera to met O#
Falrohlld Engine
Jan
Falstaff
123% 1273/4
124
.100
—
-10
390
36%
36%
37%
12%
100
15%
A
15%
2
2%
148
11%
Jan
2
07/s
66%
8
7
8%
9,500
7%
5%
5%
2,500
2,700
32%
32%
100
5%
M
"5%
5%
32
1
16
to
1%
Oecape Shoe Machinery—
1%
8
|
Coon Gas to Coke Secur
common
*
tl preferred
——•
Cocifiol OKLP Bait
31%
1%
7%
%
common
4%
eerlee
B
•
30%
150
7/a
%
preferred
7
200
preferred series C
Consolidated Steel
Corp
Don sol
Textile
Cook Paint to
Varnish Co
•
Cornucopia
Gold
pfd
Coed en
$%
class
Oourtaulds Ltd—
Ckosley Motors
14 %
common———1
3
%
14
4%
500
3%
143/4
2,900
46
300
2%
50
36
34%
1%
4
34
34%
1%
10,100
1,000
"7% "7%
1
I
4%
•
-Sis
17
"4%
5%
0
preferred
Cuban
Tobacco
Curtis
Lighting Inc
common
*
—
fl
33/4 Aug
20%
20%
10
WW*
4%
II
13
I43/4 Aug
4% July
7%
oommon
Hosiery
Davidson Brothers
Dayton Rubber Co
De]ay Stores
10%
(Adolf)
Godchaux
Class
15%
100
Cc
n
6%
Feb
Graham-Palg* Motors 95
2%
Feb
Grand
33
Feb
Gray
Rapids Varnish
Mfg Co—
263/4
Jan
Great
Atlantio
R
32
37%
Apr
Aug
8
aoy
"7
Consolidated
Mfg
Non-voting
Jan
10%
Feb
12%
Feb
11%
43/4
■all
14%
15%
13
13
"3%
jg
3
July
Feb
3%
100
2,000
12%
1,200
Apr
33%
Ltd
Jan
9%
Jan
9%
Jan
Feb
31% Aug
109
May
25%
Feb
Jan
96
Mar
May
4
Jan
89
Mar
5%
;
5 %.
Apr
115% Mar
Jan
110%
1,000
17
4% May
50
13%
Jun
22% Feb
54 % Aug
17% Jan
Jan
293/i
Apr
1,300
29%
18%
Jan
25
Feb
1,900
16
Jun
193/4 July
14% Mar
52
24
22
24
18%
18%
18%
1
11 -
11
11
'
% May
300
14%
15
200
33%
32%
4
9% May
13% May
500
3% May
56
25
32
/
32%
-
100
48
200
17
100
Jan
5%
% May
July
Jan
61%
Jun
25
20
100
:■.'•%
-
Jan
6% Mar
Jun
13%
—
99% Aug
112%
110%
•
Jan
33
July
104% Jun
1% Jan
%
6,500
% May
44
51% Aug
58% "59%
13%
14 Ve
15 Vs
Jan
200
47% May
9% May
623/4
Jan
-80
A
10
ooav
pfd—25
1
;
Paciflo Tea—
oommon stock
*
300
7%-
104%:
7%
100
7
97/a
300
*
.
104% 107
25
17%
Feb
9
14
Feb
95 %
200
May
May
9%
Feb
45%
45:
25o
x45%
9%
May
112
133%
100
oommon
Apr
7% May
9%
-
a
—
100
Jun
145
July
Apr
39 %
Jan
47
July
350
10
300
9 %
Jan
100
111 %
July
May
15%
114
114
114%
Feb
Jun
15%
Feb
*
4%
78
67
68%
175
67
40%
40%
50
39
96
—
Jan
33 %
Jan
Feb
17%
May
May
May
Aug
Feb
25%
Jun
94
Feb
79
Jan
48
Feb
106
Apr
reg
B
13%
5%
14%
5%
225
100
.
'mm
■
10% May
12
May
4 % May
11% May
10% May
18% Feb
6%
Feb
15%
Jan
Fuel Aacoe
eemmeeu—.•
prior preferred
.100
preferred
inn
Eastern Malleable
Eastern States
3%
Corp
$7 preferred aeries
tl preferred
85
68%
3
3%
600
85
25
69%
100
35%
"5% ~3
4Q0
68%
74%
350
50
63
71
575
40
«
•
73 ya
70
A
eerlee »
Sugar
Com shares of
beneficial int
$5 pfd shs.
of
l
beneficial int
Easy Washing Machine
B
Electrlo Bond to
Share common
Electrio Power to
Light 2d pfd A
Option
l
—»
g
•
warrants—
Electrographio Corp
Elliott Co oommon
5* preferred
Empire District lite
trio 8%
pfd
Rmsco Derrick to
Ka*ilnm»n»
Equity Corp
10
12 %
144
iq
49 %
10
51
12%
141
~3
10 %
12 y«
144 %
6
60
500
100
700
21
22 %
1,000
45
150
1
—
—i
47
~i%
47
11,000
625
14%
Jun
Jan
1% Aug
43% Jun
May
603/4
60%
100
3%
"3%
55%
3%
500
1
com
77/a
77/a
Jan
8%
I
Class A
Heller Oo
-
"
28*
15
common—
10%
i%*
preferred w w.
preferred w w_.
Henry Holt to Co oommon.
Hoyden
Hoe
.10$
.1
common.
& Co class A
Hoilinger Consolidated
Holly Stores Ino
.1
8%
23%
5
1
Holophane Co oommon
Horder's Inc.
fiormel (Geo A) to Co
17%
Jun
12%
11%
1,500
Oil
Lock
$2.25
May
25
Jan
14
July
9% May
101% May
16
Jan
107
Jan
85
Mar
~8%
~8%
200
23%
1,600
53%
50
9%
1,200
5%
200
9%
5%
13%
May
8 %
Jan
15%
193/4 May
x35%
49
57
Mar
Feb
Feb
Feb
Aug
10%
Feb
6 3/4
7% May
4% Apr
Ig
common
*
20
450
40
34%
*
I
41%
Feb
70%
123/4
»
343A
250
69%
70%
2,600
common
I
155
Jun
12%
13%'
900
36% Aug
.
72% Aug
Jun
12% Aug
42 % July
Jun
Feb.
43
116% July
Mar
28
Apr
55% Apr
Feb
181
34% May
9%
14
47
Feb
July,
y2
15
Feb
Feb'
8%
8%
400
7% May
10%
42%
1
•
—
Jan
Aug
4l% Aug
5%
1
preferred
27%
23
Jan
4%
warrants
Hydro-Electrio Securities
Hygrade Food Produota
Jan
Jun
37
113
1
Refining.
Co_I
preferred
Huyler's
130
156% 157
38%
38%
100
Mfg
stock
600
14% Mar
10
23%
Inc.
Refrigerator Co
Common
1st
to
to
100
11
Feb
10% May
20
preferred
Hussman
Feb
May
9
105%
.
41%
Hardart Baking Co
Horn to Hardart
common
(Harvey)
July
• '
common.
Horn to
9 %
13
22 %
53%
"9%
Feb
100
81
10
a M
Feb
9
200
100
Feb
Feb
5
10%
17
Aug
Feb
4%
6% May
7% Apr
800
15
.
10%
105
.100
Chemical
(R)
'11%
16%
4%
70 %
Jun
15
,
10%
11%
8%
35% Aug
Apr
2% May
23A
1
13
May
42%
Fe(>
75
37% May
51 %
Feb
3
29%
29
30
30
Mar
3%
Feb
49%
Jan
29%
200
21
May
30%
2,700
25
May
May
Aug
Aug
17%
Jan
5% May
July
10%
9
1
Aug
55
148
7 %
Jan
May
15% May
43% Aug
6
33.
May
3
8%
1%
47%
Aug
27/a May
101
a
1%
74% July
87/a May
115
17
~3%
%
77% July
423/4 May
6% May
'
July
50% Aug
3% July
May
May
14
Jan
74
13/4 May
500.
Jan
973/a
Jan
575
1,200
13,300
43%
21
59
preferred-——.
page
14
5%
i
in!
49 %
i
Ino
see
14
—
,
;
4V«
28
1
Dept Stores
Mining Oo
Helena Rubinstein
Hurd
2% May
81
May
49
May
300
*
Humble
Oas to
4%%
1,400
35%
Beam
Feb
Feb
13
35%
21
Heola
Feb
19 %
12
35%
15
Jan
20%
.10
Light
Haseltlne
Feb
7%
H
13
Bridge Co Ltd.
Hartford Rayon common.
Feb
19
10% May
24% Jan
——
common.
common.
footnotes
Jan
6%
xl03% July
18% May
25
56
Harvard
Brewing Oo
Hat Corp of America B
non-vot
Hathaway Bakeries Ino
19% Aug
16
17% Feb
12% May
12
Aug
2% May
1,000
3%
11%
6%
Ino
24
120
17'
Lamp Co.
Hamilton
5 %
For
1,300
9.9%
to
Hubbell
Esquire
98
5%
2.80
common
HammermUl Paper
Hartford Electrlo
May
17
14
Jun
500
—
15%
Co Ltd—
convertible
Jan
Feb
3%
Jan
155
10%
700
1
Electromaster
Jan
14
1,300
113% 113%
Mine*.
Grocery Stores Products
-fl
Duval Texas
fhtlpher
$3
99
1
'7%
1st preferred
Great Northern
Paper
Jan
38
6% May
9% May
May
Apr
May
23/a May
18 % Aug
3,000
18%
"6%
•
Jg
ord
May
6%
■
400
16%
18%
Co
Durham Hosiery alas*
Eastern
Feb
7
3
B
Gorham
14% Feb
Feb
32%
300
20% x21
Sugars class A.
Feb
10
„
■act
Feb
104%
% Aug
6
May
7% July
♦,500
~37/e
Feb
Jan
—
—10
common.
Ocrp
11%
193/4
Apr
89
Ino
6%
Jan
8%
100
8
20%
$4.50 prior preferred
Feb
7%
1
Driver Harris Co
Duke Power Co
Test
Feb
May
2
May
3% May
22
Apr
400
293/4 X31
30% ft
0
Goodman Mfg Co
Gorham Ino class
8
1
-
Domestic Credit
Corp class
Dominion Bridge Co
Ltd
Dominion Steel to Coal
B_
Dominion Tar to Chem
Dure
29
10
•
Ino
Goldfleld
150
dep rets ord reg—
Corp common
rots
Feb
4
—•<
Feb
17
5
4,800
—•
Feb
~5
—
common
Raynolds Class
Diana 8tores
Corp eom
Distillers Co Ltd-
dep
12%
67/a May
Apr
—*
103/a
107
6%
8%
73/4
*
to Co
14%
5% May
10% May
600
26%
83/4
*
Co—
Apr
20
6%
26%
*
....
Jun
28
7%
class A
Devoe to
Dunlop Rubber
Jap
Feb
11%
Inc.—
Detroit Gasket &
Detroit Gray Iron Manufacturing—
Foundry
Detroit Steel
Products new com
Dominion Textile
Draper Corp.
Feb
38%
May
16% May
.1
com
convertible
Gobel
Jan
7% May
common
Co
Jan
14%
Mills
Dennlson Mfg elaee A
8* debenture
Derby Oil Co oommon
Dobeckmun
Mar
31%
6 3/4
350
D
Davenport
Am
300
8%
.100
Gulf States
Am
8%
4%
*
pfd.
Utilities $4.40 pfd
Gypsum Lime to Alabaatlnc
Dlvco
6%
Corp.
—1
Public Service $6
preferred—*
Globe-Union
46% July
50
13
3
10%
Jun
15
—1
Harvester Corp—
Glen Alden Coal
——
Glenmore Distilleries class B
Jan
Apr
21
Apr
18% May
xl05% Jun
10
J On
Jun
8% May
31% July
50
21%
•
Gleaner
Feb
3,400
20%
21% Mar
1%
21
94
1
Shareholding* Corp
Gilchrist
Jan
15%
May
Mar
7%
100
32%
8%
Plywood
Preferred
Feb
1%
1%
common
(Mo)
Feb
3% May
19
mm mm
23%
21
—2
preferred
Georgia Power 90 preferred
(5 preferred
Giant Yellowknlfe Gold Mine*
Gilbert (A C) oommon
Feb
11
Flreprooflng
353/4 Aug
2% Feb
4
-10
Sugar
197/a
413/4
16% May
600
Feb
32%
—29
1%
150
4%
Apr
2034
—
.109
Supply Corp.
6% May
1,000
17
4%
•
6%
17% May
8%
Flnanoo Corp com in on
1
preferred eerlee h
.10
(6
Aug
33/4 Aug
Jan
5% May
100
21
7%
•
V
25%
Jan
20% July
dep ret* ord
General
Feb
12
July
400
1%
Jan
34%
Jan
6
(ord reg)—fl
Jan
1,200
1
Gen Electrlo Co Ltd—
Amer
118%
11% Jun
3% May
Jan
5%
—
mm
General
Jun
2%
43%
Jan
18%
23
-80
pfd.
conv
Jan
July
'
46
5%
Jan
Feb
83%
»% May
400
4%
4%
Jan
Gladding McBean
400
Jan
5%
,
pfd
Gellman Mfg Co commonGeneral Alloy* Co.
2
May
3% Aug
87/a July
% May
4,250
12
3%
preferred———M
-
Co
"3%
conv
preferred.
43
10% May
40
„
General
200
10%
%
•
Inc
Cuban Atlantic
Curtis Mfg
9%
5%
Jan
10%
26
"3% "33/4
Vs
X
Crown Cork
International A
Crown Drug Co
common.
Crystal Oil
Refining common.
5*
10
11%
Milner & Co
Cent Petrol (Md)
preferred
"3%
•
Csowley
Crown
1,100
700
100
— —
3% July
14
May
1% May
Feb
——
General
14%
5%
.L25
Feb
1
2%
Inc.
85%
3%
14%
Co
5%
3%
1
to
Garrett Corp common..
Gatlneau Power Co
Aug
2%
Jun
Feb
Feb
343/4
Apr
Jan
64
„
General Outdoor Adv t%
7%
14
45 %
JK1
Store*
(Geo A) Co
Fuller
ft Jan
2% May
10
—
General
21%
45%
2%
.
Jan
1,600
7,300
45%
—
Jan
1,400
11%
22%
9%
18%
Jan
11%
11%
12% May
11% May
Aug
18
9%
28
30 %
—
110%
10%
Apr
13,300
«...
Mar
27%
fle
American dep
receipts
Creole Petroleum
Croft Brewing Co
400
—*
A
convertible
SOO
11%
3%
com
Mines
Petroleum
75
Feb
183/4
45%
x7% May
63% May
108
1%
33/4
16%
7% May
Feb
53/4
Apr
1
Ooro Inc common.
Oorroon to Reynolds
•1
28
10s
—
A
"83/4
75
May
21
300
July
7
Jun
2
500
Aug
8
68% May
115% Mar
10
10
common
Co
Continental Car-Na-Var
Corp
Continental Pdy to Machine Co
Cooper Brewing Co class
Copper Range Co
700
733/4
.
•
4% %
Franklin
36% July
Apr
% May
34%
75
1163/4 1163/4
Consolidated Gas Utilities.
Consolidated Mining to Smelt Ltd
Consolidated Royalty Oil
to
74
Simon
Gen Builders
450
3,200
30%
Feb
18%
Jun
800
8%
%
75
4%
8
2%
<
Feb
IP/4
Aug
—
4H%
13 Ya
Jan
aa
Franklin
10% Aug
„
8
11%
Brewing Co—
(Peter) Brewing-
Fox
Feb
Aug
3% May
16,000
Jan
153/4
98%
3% May
25%
1,700
a3a
X303/4
1
1956
5%'
3%
Jan
9% May
3
May
7
Aug
11% May
4% May
3,500
18%
2% Feb
303/4 Apr
23/8
Ford Motor of Franco—
Amer dep rote boarer
Fort Pitt
Jan
Jan'
6% Aug
1,400
17
18%
1
Service
3%
7
B
Inc—
100
1
High
18%
Class A
non-voting
Class B voting.
Feb
37/a
1% May
100
3%
19
July
250
January
«
118 May
28
Feb
29%
30
Am dep rote ord
regFord Motor of Canada—
Jan
39% July
87/a May
13% May
500
5,100
Ford Motor Co Ltd—
13/4 Mar
Jan
8
2%
Brewing
Fansteel Metallurgical.
Fedders-Quigan Corp.
Fire Association (Phila)
First York Corp
$2 div oum pfd
Fishman (M H) Co—
H to $1 Stores
Feb
1,700
6%
Jan
Jul*
15
12%
3%
July
May
98%
6%
25
77%
97
98
Feb
18
12%
-100
Feb
14
101/4 May
250
2
2%
"2%
25
Mar
23%
-10
.1
Jan
May
May
93
12,200
12%
I
Feb
4%
July
May
1
Low
2ft
Feb
23%
70
1,000
2%
-lfl
22%
14
1% "l%
2ft
Range Since
High
Feb
Jun
19% May
.4
Low
Jan
117%
12
13
25
oommon
83
18
13
Shares
1
24%
100
24
Southern warranto—
Public Service
Sfl
to
19
•*
Manufacturing Co
Community
Community Water
3,300
for Week
21 % July
102
May
12
Apr
12% May
2% Jun
——
3%
96%
Eureka
Corp Ltd
Eureka Pipe Line
Sales
Range
of Prices
Par
Feb
8% May
—
10
Colonial Mills Inc.
capital stock
Colonial Sand & Stone Co
Colorado Fuel 5c Iron warrants
Vto ext
3%
0
Oeefcsbutt Plow Co common—
Colon Development
ordinaryColonial Airlines.
Commonwealth
—
Jan
Week's
Last
Sale Price
Exchange
11% May
70
«...
common
Hotel
—
Curb
46
450
'
Clayton Ac Lambert Mfg——.
Cllnchfleld Coal Corp
GM» Alans Products Co
Colt's
68
—
9,700
173/4. 18%
67
100
Controller Co.
Clarostat Mfg Co
Commodore
10%
18
—100
Clark
Inc
90
17%
15% May
99% Aug
•
City Auto Stamping
City to Suburban Homes
Claude Neon
100
New York
High
9% May
10
18%
"9%
10
Charts Corp
common
Cherry-Burrell common
Chesebrough Mfg common—
Chicago Rivet to Mach
Chief Consolidated
Mining—
Co
91%
67
100
—
Aircraft Co common
Chamberlln Co of America
Cities
2,200
*00
.
■
Cessna
IChllds
Friday
Low
10 %
91%
18%
18%
1
4%
22
stocks—
High
10%
-IOC
preferred
Pow
10%
AUGUST
Range Since Janpary 1
Co—
Central Ohio Steel Products
Central
Low
1
Corp of America.
Maine
Shares
EXCHANGE
ENDING
Sales
for Week
Last
STOCKS—
New York
Week's
CURB
WEEK
FOR
Monday, August 25,
194,
21
Feb
Feb
Mar
"
4%
Feb
23
Apr
50
Mar
111
Jan
12% July
2% Jan
53%
Jan
12
Feb
Illinois Power Oo
oommon.
6% conv preferred
Illinois Zinc Co
.80
"
59%
Imperial Chemical Industries—
60%
400
55
13
common
13%
800
13
Am
dep rets regis.
Imperial Oil (Can)
coupon.
Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great
*
6
12%
64
Jan1
21% Mar
Feb
6%
Apr
14%
Feb
14
Feb
14%
Feb
21%
Jan
12%
12%
600
10%
12%
12%
200
10% May
12%
5
Britain to
Ireland
Indianapolis
M
31% July
Jan
Apr
£1
Pow
to Lt 4%
pfd
Insurance Co of North
America
15
100
10
108
91
91
108%
91
200
350
July
105%
86
-raw.,
Jan
May
M*
111
Apr
100 % Mar
RANGE
Friday
STOCKS—
Week's
International Hydro-Electric—
Preferred $3.50 series
»9
International Metal Industries A..—•
International Petroleum coupon shs__*
Registered shares
International Products
International Safety Razor B————
International Utilities common
B
Interstate Power |7 preferred
•
Superpower A,
Italian
High
Low
16%
300
68%
700
K
il%
2,000
15
Curb Exchange
Jan
21
Aug
for Week
Shares
69
Aug
Mountain States
29
Jan
Mountain States Tel ft Tel—...
15%
Feb
Murray Ohio Mfg Oo
15%
Feb
15%
Feb
11%
200
13%
15%
2,100
May
5%
11%
11%
600
9 % May
12%
17
100
12% May
1 Va Apr
SO
1%
Feb
Nachman Corp
7%
Feb
Namm's Inc
11%
Apr
2
1%
1%
1,100
18%
18%
18%
225
I'/a
1%
1%
1,000
%
Ring
Piston
Muskegon
Muskogee Co
common
1%
Jun
Jan
6%
8
3,100
5 Va
3%
3%
37/a
5,100
4%
3%
8%
10%
38
Apr
45
Jan
43
Jun
43
Jun
May
15%
Jan
12%
National
6%
Feb
—
—
18
Jan
30
Jun
Rational
Jan
—
_
—
—
18
300
9%
10
275
6% May
11
800
8% May
14%
17
.100
1
—1
—
4%
1%
,
Steel
111% Feb
July
Jun
87%
97/a
69
Jan
4%
R
Feb
6
Jun
R
7%
Jan
13% July
1%
Jan
111 July
17%
——
Aug
Oo
Auction
10% May
2d
10%
Class B
Jan
Jan
15%
1,100
%
%
7,000
2%
27/a
900
2
May
9
May
200
13
Feb
18% July
Jun
10%
Jan
90 % May
2%
of
Corp
Lamson
7%
200
19%
19%
5%
900
7%
400
;
15 Ya
Machine
University
Lefoourt Realty common
Prior preferred
Leonard
Oil DevelopmentSalle
34
Jan
30
Jan
L#
18
18%
400
23
100
9%
10
common
Look# Steel Chain
Apr
26%
32%
Feb
Longines-Wlttnauer Watch
Long Island Lighting Co—
Common ctfs of
7*
preferred
•%
preferred
25% July
31
Jan
50
24
May
29
Jan
50
x21
Jun
26
Feb
5 y8 May
500
3,100
9%
10%
600
%
Co—
%
5,500
%
dep
Jan-
Jan
Omar
iy*
Jan
Overseas
li
Apr
70.
25
69
Aug
62%
275
59
May
16%
6,100
112% 112%
10
11%
Jan
109% May
15%
200
18%
9%
Jan
15%
18%
Public
Maine
Manati
Service
Jan
Sugar
Co
warrants..
20%
90
15%
1
•
82%
Jan
20
July
Marlon
%
Aug
4%
15%
300
13
Apr
20%
Jan
23%
Jun
25 %
Jun
—
38% July
McAleer
"
5 %
,
McCord
"9%
15
8%
•
J
—10
1%
15
preferred
Corp common
Mead
Memphis
Menasco
Natural
Mfg
Gas
6% Aug
6% Aug
900
7% Aug
8% Aug
18%
19%
>
26 Va
ft Scott.
6
1%
24
"
• %%
lfetal
A
preferred.
Iron
~4%
Co..
Textile
8%
'
—
Middle States Petroleum class A v
t
v
c
1
t c_l
l
20%
15%
Ex-distribution
non-cum
Wdvala
Oo
Mid-West
Midwest
dividend
....
shares
common
Abrasive
Oil
Co.
Midwest Piping & Supply common
Mid-West
Refineries
Miller Wohl Co
common
200
2%
2,600
2%
10%
19%
20%
800
10%
100
7%
30
50
25%
24 y2
24
24%
650
'
.
——
15%
15%
100
P
A
L
5%
Montana Dakota
Montgomery
Ward
A
8 %
July
6%
3Va
Aug
12%
Feb
Feb
14%
20% Aug
5%
Aug
Apr
Jan
Apr
16% Aug
12
July
33
3%
Feb
10%
July
Feb
4%
Jun
15% Jun
17 y4 Jan
2%
800
1% May
3y4
Feb
8%
400
6% May
9%
88
Feb
Feb
6% May
10
Jan
7%
7%
3,800
28
31% May
124
10
110
Apr
122% July
IV*
Jan
8% May
10 %
9% May
1,000
%
to.*.
1%
1,300
2,200
15%
Feb
Feb
10%
14 V* Aug
Jan
Apr
1 Va
20%
11 Va
8,300
184% 184%
225
155 % May
39%
39 %
400
32
38 Va
38 Va
200
30%
12%
12%
100
4%
1,400
3% May
100
xl06% Mar
8
39 V*
3%
108
Apr
42
Jan
Feb
36%
36
1,400
30 % May
5%
3,100
5% Aug
•
5%
25%
25%
Apr
21
300
Feb
July
July
42 %
Mar
10
Jan
185% July
Apr
97%
108
Jan
2
May
11
6% May
7%
Jan
% May
100
10
1
•
1
Penn
Penn
Penn
Penn
5%
Jan
13% July
7%
Jan
101% Jun
Jan
110
46%
Feb
9% Mar
31%
Feb
May
5%
Feb
3%
Jan
15%
Jan
100
11%
Apr
160
185 %
Feb
194
July
31% May
41
Aug
_
3%
Apr
8%
Jan
Feb
Jan
Jun
May
10%
8%
8%
700
40%
40%
40%
800
38% May
37
200
35%
103% 105
130
36%
5%
Jan
7%
Jun
Jan
13% Mar
12%
Feb
16
Feb
12
i9«
9%
9%
105
Aug
15
Mar
Apr
Jun
% July
8%
7,800
Jan
105
26%
%
88% Mar
Apr
24%
19,100
12% Feb
41% Mar
July
Feb
102 %
104
50
104%
104
Apr
87% Mar
24%
Jun
3%
Jan
12% Jan
11
32
32
50
17
17
>100
47
100
Jan
16%
Feb
29
May
62%
Feb
13% May
59%
Jan
40%
19% July
90
July
Jun
51%
Jan
25%
Apr
28%
Jan
5%
Jan
7%
Feb
2,100
6
6
6%
7
280
May
11%
Feb
6%
6
7
.„l
—
2% May
4%
Feb
3%
100
3%
113%
110% May
4%
Apr
5%
200
58%
300
53% May
5% Aug
5
58%
200
113% 114
58%
114% Aug
Jan
69
nil
6
57/a
6
52
50%
52
500
40
—.20
Apr
13%
13%
500
11
Mar
6%
6%
1,200
6
Aug
11%
11%
200
9
% May
13%
12%
Jun
21%
25%
300
14%
Jan
27
"3%
~3i7ff
1,400
2%
900
.2.50
13%
._50c
6%
•
common
Ltd Am shs
Pioneer Gold Mines Ltd
Piper Aircraft Corp com
Pitney-Bowes Inc
Pitts
Bess ft
L E RR
1
—
2%
-250
Co
.2.50
Powdrell ft Alexander common.—
*
Power Oorp of Canada common—
56%
9%
9Ve
Premier
Gold Mining
—
of Nevada
11%
Feb
7 Va
Jan
14% May
61
17
6,100
3% May
6%
500
10% May
Feb
Feb
19%
,
8% May
150
May
35
% May
'
80
Apr
__
11
10%
1%
46% May
Jan
Feb
13% Feb
1%
1 Va
12%
•
--
200
2,800
100
—
48
1%
85
Feb
Jan
Mar
12%
Jun
1% May
2%
Feb
Jun
17%
Jan
9% May
12
8%
Apr
9% July
Gas
of Colorado—
preferred
75$
1st preferred
Puget Sound Power ft Light—
S5 prior preferred
Puget Sound Pulp & Timber
Pyle-Natlonal Co common.
Pyren# Manufacturing
65$
May
—
12%
Prosperity Co class B
Apr
•
42%
—
i
i
Feb
::
•
Prentice-Hall Inc common
Pressed Metals of America
Producers Corp
,
13%
13 Va
—
IIZi
r
Jan
14%
8
—
~5% "5%
42
Pratt ft Lambert Co
Feb
6%
May
49%
1,050
10
'Zioo
1st preferred
"4
2% Aug
340
58%
~5%
Feb
July
10
44% Apr
,
12% Mar
Feb
4% May
11 Va
58%
2
2% May
54% Aug
Apr
14
600
12
—50
Pittsburgh ft Lake Erie
—
5
Pittsburgh .Metallurgical common1
Pleasant Valley Wine Co
—10
Pneumatic Scale common——
65$
2%
1
—60
Polaris Mining
Jan
9%
24%
Governor
Jan
5%
300
Public Service
3
37%
12%
10
500
10%
Jan
Mar
Jan
Mar
10%
las
Pinchln Johnson
Feb
2% July
Jan
2%
87% Mar
116
4% May
•
(The)
Pepperell Mfg Co
Perfect Circle Corp
Pharls Tire & Rubber com
Philadelphia Co common
Phillips Packing Co
Mar
100
30
600
9%
0
—
Pep Boys
Mar
700
112
,
12% Jun
Cement warrants
Gas ft Elec class A com
..100
Power ft Light 4%% pfd.—
.2.50
Traffic Co—I
»
Water ft Power Co
11
2%
70
400
6
Jan
81
12
Perm-Dixie
30
3%
125
6
6
1st pfd
II
cum preferred
Pennroad Corp common
106
8%
1,400
1%
35
30
1
Peninsular Telephone common
Jan
2%
1 % May
1%
35%
114% 115
30
30%
1%
35
46
May
1,700
Aug
7% May
15%
8
•
Rig ft Reel
Plymouth Mills
Patchogue
6% May
3%
4%
Jan
110%
110
1 Va
184%
Amer shares—
Co
Pen
Parker
24
8%
~4
10%
300
14%
$1.30 1st preferred
•
Page-Heraey Tubes oommon
-•
Pan American Airways warrants
—
Pantepeo Oil of Venezuela Am aha..—
Paramount Motors Oorp
1
105
3%
187% 188%
11,300
300
1 Va
Co common
—
8%
13
Feb
8%
2,400
15
5
20
5% %
1st preferred
25
Paclflo Lighting $5 preferred
•
Pacific P & L 5% pfd
——100
Paclflo Publio Service
•
Pacific Can
50
600
13
300
13%
10%
.BOe
Securities
Providence
'
28
11%
Jun
14%
•
Paclflo Gas ft Elec t%
Pierce
7% July
30
13% May
7V8
Ino
Inc
Jan
50
Jun
12%
Jan
8%
pfd.
Utilities
24
Jan
21% July
111% May
6% Jan
2
I
50e
Mlaaourl Public Service common.
Molybdenum
Corp.
Monogram Pictures common.
Monroe Loan Society A
Apr
12% May
'
—
Minnesota
3%
1,900
10,200
10
•
—69
•
preferred
Mining Corp of Canada
conv
May
8% May
16
Feb
5%
—
4%*
9
15%
4%
15
.
•
•
50c
19
1% May
900
200
9
Mar
5% May
8% May
30
5
•
pfd_.
8%
9
Middle West Corp—
Midland Oil Corp $1 conv
Midland Steel Products—
800
8%
May
45
10
7%
Apr
Mar,
3
...
48%
10
5
Mloromstic Hone Corp
Class B
2 %
10
Preferred
Jan
Jan
3% May
100
6%
Michigan Bumper Corp.
Mlchigan Steel Tube.
Michigan Sugar Co..
IS
"4%
48'%
preferred
83%
Feb
109
'
Corp
July
15
3%
4%
200
— —
Participating
Feb
7
Apr
15 Va May
'
--
—
Meesabl
45
'
8%
8
Feb
1
4,700
—
May
21%
5% May
1,000
1%
Warrants
8% May
800
5%
6
common.
Jan
88% May
/
.-•»$•
400
13
25%
Co.
Chapman
13%
2,000
12%
25%
—
Merritt
Feb
1,400
'
Co..
ft
20%
8%
,
May
10%
Feb
6%
Dredging.
Johnson
10%
8%
''
13
10
13 %
20
1
Parkersburg
6%
preferred
lfcWilliams
Mar
8%
•
$2.50
Jan
B
11% May
100
,
55
May
7
2,400
-
Jan
Jan
19%
Mfg Co common
convertible
4%
__
10
Shovel
Power
Massey Harris common
21% July
2,000
—
ti
t.li
Co
6% July
iff
Marine
Communication
Jan
100
14
Jan
Jun
Mapes Consolidated Mfg Co.
Maroonl Internat
Jan
21%
tmm
l67/s July
113
20%
—
47%
Jan
300
21
iff
.
Mangel Stores common
Manlschewitx (The B) Co
Jun
6
10
Co
Feb
May
31
100
%
Pub Berv 6% pfd.109
class A
Jan
7% May
300
9%
34
10%
3%
D'oklep Copper Co Ltd
M
5
Mackintosh-Hemphlll Co
Jan
82
Aug
70
100
70
10%
class A—
common.
class B oommon
Ohio Power 4%%
preferred
Oklahoma Natural Gas
Old Polndexter Distillery
Oliver United Filters B
11%
61%
I
2%
13 V*
Corp
Ogden
19%
70
•
1% May
"%
•
Ohio Brass Oo
Jan
16%
1
ft
800
119% 119%
I
Oorp
Hovadel-Agene
7% May
16%
62%
ctfs of dep..
ctfs of dep
Exploration
Louisiana Power ft Light $6 pfd_
Lynch Corp
A
B
Land
.
25
7%
Feb
1%
110
110
I
Jan
11%
8ya May
19%
Jan
5%
6%
Feb
Aug
18%
24 Va
7
Jan
67%
18% July
13% May
23
18%
19
15%
3% May
Jan
25%
Distilling Oo
Lone Star Gas Corp common
Louisiana
Mar
23
•
^
Logansport
2
24 Va
25%
class
Groceterias
Glass B
Apr
58% May
200
8%
American Utility
Northrop Aircraft
29
500
10
10
1,700
13
11
8%
1
199
Securities—.*
Northern Central Texas Oil
—•
Northeast Airlines.—
—1
North Penn RR Oo
99
North
Jan
27
Ino 61$ preferred
100
60%
1%
....
Northern States Power
17% Aug
17%
Jan
14
•
Northern Indiana
Jan
8%
.19
common
Jan
—
Brothers
Lob law
Ino
Co
Corp
IJptom (Thos J)
Lit
19
17%
23
Material
18%
G)
(R
Teurneau
Una
Lionel
B
Jan
lVa May
2,100
2,700
Class
7
44
"l%
1%
"l%
May
.19
.1
12
„
Jan
4
4%
"l%
.1
Jun
ya
120%
600
9
Hundred Oorp B.
Feb
360
12%
preferred
——199
optional warrants—
May
7
100
9
19% July
Apr
5%
Ext
9
20% Aug
Apr
12%
Monotype
Lanston
Jun
21% May
25
24%
24%
B
Jan
4%
x59%
60
1
North American Rayon
Feb
9%
Jan
5%
13
94%
33
$6 preferred
8
Apr
6% May
30%
United Bakeries class
Langerdorf
Class
1,000
13
7%
July
Feb
4%
e
Feb
15 y.
2 Va
93%
94%
70
17% July
May
11% May
7
~7%
..
Wells Co common
Lane
La
12%
12%
ft Machine
Delaware
Foundry
Lakey
12
100
Feb
17
% Aug
4%
-1
Nlpleeing Mines—
Noma
Electrlo—
15%
17
16%
■
24
Jan
10%
ft
Nineteen
15%
Jun
20
Nlles-Bement-Pond
Laclede-Christy Clay Prod
Lake Shore Mines Ltd
14% July
15%
..1
class B com.
Mar
15%
oommon
Niagara Share Corp
Jan
14
100
.29
.
Jan
89%
12%
I
I
shares
15
18
12%
.29
Land..
July
Apr
May
%
—
*
Ros&rlo
Y Merchandise...
Y Shipbuilding Oorp—
D %
18
13% May
e»~
—
9% July
.101
preferred—
conv
Founders
25% July
Apr
7% May
•
—-
.1
Oo
19%
100
25
25
1
1
20
..,
Niagara Hudson Power common,,.,.
55$ 1st preferred
Feb
25%
Apr
15% May
400
Corp—
(Herman)
Y ft Honduras
N
'
19
300
Process Oo common
Y
R
Feb
17%
12% May
300
——
18
10
•
Jersey
Rew
Feb
Jun
,
__
21% May
Ltd
Car
Zinc.
New Mexico ft Arizona
Hew Park Mining Oo
600
,
1%
500
Transit
4%*
Rsw
Feb
4,100
12%
M
.
•
Jan
46%
1,400
4%
12
12%
—1
Knott Corp common
Rooacker Stores
Brewing
15%
4%
29
Cooker com..
Pressure
England Tel ft Tel
Rsw Haven Clock ft Watch Co.
56%
48
15
15%
—1
Products
Klrby Petroleum
Kirkland Lake G M Oo Ltd
Klein (D Emil) Co common
Kleinert (I B) Rubber Oo
26
May
108
__
10
48;
.100
15
•
—
—
—
*
*
—
—
10
27%
13
Raw
10% July
10%
.100
Kingston
Feb
26% Mar
10%
—5
pfd B
125%
9%
17
400
29
Neptune Meter common—
Nesle Le Mur Co class A
Feb
122% July
15% Aug
——
14%
*
12.19
Rational Tunnel ft Mines common
1
National Union Radio
80s
9%
6
,
—
2,600
14
National Radiator Co
May
10,200
a
King Beeley Corp
Krueger
8%
—
71$
Kings Co Lighting
61$ preferred D
8%
12%
14%
National Rubber Machinery
Nelson
8%
12%
12
Fabrics-
Malllnaon
Jan
1,500
4% Feb
*
7%
2,000
Apr
111
2% May
7% Jun
900
Feb
Aug
8
2 % May
Rational Mfg ft Stores common.
National
«
15%
6%
.1
preferred
Feb
24%
3
11% May
300
-1
common
22%
K
Co common
Kldde (Walter) & Co
Kimberly-Clark Corp—
4%% preferred _
12% July
13%
12%
mrnt
11% Aug
3% Jun
2,200
3
lo %
12%
4
4'/a
Key
Feb
14% July
10% May
—
Rational Bellas Heee common...
Rational
.100
Feb
24%
12% July
«e»
Rational Fuel Gaa
11%
11%
pfd.
138%
18% May
N
751
fVT-Fra—r Oorp—
Kansas Gas ft Eleo 711
EAwneer Co
Kennedy's Ino
112% July
1,400
14%
137/a
10
common
Rational Breweries common
—1
Mar
87
*
■.
jeannette Glass Co eommon.
Jefferson Lake Sulphur Co—
Jim Brown Stores common
Class A preferred
Julian ft
Kokenge Co-—
10%.July
Jan
20
23%
22
Jan
22%
Aug
200
114
114
--
—e
Jan
16% May
4% Jun
Jan
2%
Aug
30
Jan
17
.199
•
2.50
300
Feb
11%
common.
3,600
32
31%
8 Va
14,200
9'/a
8%
«...
1 Vb
VA
1%
32
25
Power
-19
,
Range Since January l
High
Low
High
Low
1%
*Q
Mountain City Copper oommoit..
Mountain Producers
45% May
Apr
10% May
11% May
Sales
Range
ef Prices
Per
High
11%
ctfs..»
J
Air Chute
Week's
Last
Bale Price
STOCKS—
15
Investors Royalty—--—-—-—vy-~"T
Son Fireman Mfg voting trust
Irving
22
New York
Range Since January 1
16 %
11 Va
AUGUST
Friday
Shares
67%
•
Machine
International Cigar
16 %
EXCHANGE
ENDING
for Week
Low
Par
—•
WEEK
FOR
31
(783)
CHRONICLE
gaiM
Range
of Prices
_
Bale Price
Exchange
York Curb
CURB
YORK
NEW
New
& FINANCIAL
THE COMMERCIAL
Number 4623
166
•0lume
106% Jun
.100
1st
109
Jan
Aug
119
Mar
111
.100
100% 100%
50
37%
1,000
35
12
—
8%
12
8%
50
100
100% Aug
25% Jan
9%
8
Apr
May
llOV* Jan
37% Aug
14% Feb
11% Feb
32
(784)
THE
COMMERCIAL & FINANCIAL
NEW
YORK
RANGE
Friday
STOCKS—
New
York
Curb
Week's
Last
Exchange
WEEK ENDING
AUGUST
Shares
6%
Oata
common
•
preferred
90
!l00
Quebec Power Co
Low
1
New
York
90 %
110
85
155% 157%
120
155
$3
3
.10
17%
Reed
Manufacturing
Roller
.10
29 Va
5%
15%
7%
7%
31
38%
19%
55
Jan
6"% May
13%
2,425
20%
6
Jun
14% May
32%
Jan
6%
Feb
200
Corp
common
Metal
Works
May
3% May
1% May
30
103 % July
25
Mar
550
12%
18%
19
800
—
Royallte OH Co Ltd—
Russeks Fifth Ave
common
Ryan Aeronautical Co
Ryan Consolidated
Petroleum
Ryeraon It Haynes common
11%
20%
.18%
14
2%
Aug
Apr
Jan
15%
Apr
Apr
July
May
Aug
Apri
15
— —
200
4%
1,600
5%
3%
5%
100
5%
10%
3%
18%
6%
common
A)
I".
lnc common
Mar
5%
Products
Feb
13%
Feb
43
Feb
July
SvS
tSZ -Steel Co common
Scullin ^PHUrCtUring
4%
35
III
~
~4%
3 400
3%
343/4
351/2
11v.
2-'6(}0
29%
"a/.
*
Selected Industries Inc
common
SmwK £2
AiioLpent certmc;Te",:::::::—23
Semler (R B) Inc
Hi::
Sentinel Radio
Corp common
Sentry Safety Control
Serrick Corp class
B—_
Setnn leather
common
Shattuck Denn
Mining-
s8Krn,K 0reI4
"aFSSSS*
™1
Singer
Singer
Amer
*
15
12,8
12
dep rets ord regis
288
«i
Manufacturing
Sonotone Corp
Soss
I
Manufacturing
8outh
Coast Corp
1
,•
12
Aug
17
Feb
39% Jan
8% Aug
312
Jan
HI
5%
Apr
102% Apr
25
Apr
15% Jan
qa/.
73/
qa/
3%
3%
4
o3/
3'X
3% Aug
8%
7%
4%
7
7%
1000
4%
2S0
r''2**8'1'
Sv 5J&y
9
Feb
7
Jan
}
!
common
\ll
ZZ'.llQ
4%
,
31%
30
■
„^pr
0705
2„
3 500
31%
'
29
Jv ^fay
700
30
20
11
^
Jun
41
T
koo
901/
t
«•
33% Feb
35% Feb
seLui?
-
2»
28
K.md
32y«
23
29%
32l/«
287/8
CoZZZZZZZZZ.0
31%
»*
28%
•
Stahl-Meyer Inc—..IIUHIII
Brewing Co.....
I2 70
Standard Cap & Seal
common.il"IT.1.1
Convertible preferred
10
Standard Dredging
Corp common
$1.00 convertible
preferred
Standard Forglngs
Corp.
Standard Oil
(Ky)-„.H
Standard Power &
Light
Common class
bI.::.:III:
Preferred
1
Standard Products
CoIIII"
Standard Tube class
B
Starrett (The)
;
Corp
~
^orp
17
~
1
7n
ini/
4
r2%
21/8
2 /2
/a
95/2
o'^n
2 /8
2>000
■""*
—
"
1
1
~
*"78'
1
1
Steel Co of
Canada
Stein (A) & Co
'
—
c^8
6%
5
common
54ia
176'.
I
Zu
_
Stetson (j B) Co
commonZZZZZZ*
Stinnes (Hugo)
Corp..
g
Stop & Shop Inc
1
8troock fS> & Co
common "
•
Sunbeam Corp.—
•
Sun Ray
Drug
Superior Portland
Cement, Inc
•
8uperior Tool &
Die
~7'v
1Ta
_
commonlHIIIIHIHgc
Co
1
"nm
4
7
'
35®
^
Ifi 7 /4
,?/8'i„
14
17,
1/8
J/?
14
?
1/8
2?o
8%
8%
,1/
,
Feb
Jan
15%
-/?
_3V'
25
2
9V
ir
July
2% Jan
25% Jan
36
^00
50
13%
3%
200
3<00
130
•
,
85
^ay
}]% M&y
14 /8 JTun
Ward
Watch
common
Texas Power
& Light
7%
Texon Oil &
Land Co...
Textron Inc
—
—
100
Wentworth
footnotes
see
page
33.
13 Va
14 Va
8%
Manufacturing
Whitman (Win)
Wichita
Jan
126 Va Mar
Jan
7% May
12%
Feb
Feb
4
July
May
14
Feb
1%
Jun
River
preferred
2%
17 Va
150
6%
6%
1,500
4%
300
2
2%
2,600
7%
7%
200
14%
14
3%
•
13%
14%
*
May
27
8%
Feb
Feb
8%
Feb
Feb
12%
8%
2%
1% May
6ya May
2,800
Jan
13% Feb
113% Apr
5% Feb
6% May
3% May
105
Jan
Feb
113% Mar
14% Aug
Jan
25
34%
34 V2
34 Vz
.50
16
16
16%
-,..250
10
1
:
Corp
18
—10
-
.
17%-
1
Aug
32
Mar
37% July
Jan
14%
400
400
108
10
14%
15%
11
22
July
17% Jan
27
11
900
100
20 Va Jan
May
Aug
14V8 Aug
5% May
17% Jun
11% May
11
9%
*
19%
Jan
8% Jan
21% Feb
15%
Jan
1%
100
,
Jan
19% July
13
107
10
1%
15%
1
200
108
1%
2
,
25
7
-
Apr
Jun
13
150
19
14
.—100
14':
J 400
.
6%
•
Woodley Petroleum—
Woolworth (F W) Ltd—
American deposit
receipts.
6
-
18%
28
Inc
131
'
13%
14%
1
1
18
13
•
common
& L 4%%
Jun
19
.
1
Elec
May
May
26
•
20
w w
300
111
8
—
Wisconsin P
pfd—
Wolverine Portland
Cement
Woodall Industries
%
2%
17 Va
•
com.
Si Co
Oil
8% May
Apr
2% May
110
1.25
common
5%
Winnipeg
100
300
1st pfd—100
Williams IB C) k Co
Willson Products Inc
Wilson Brothers
108 Va
Feb
Feb
Apr
May
7
Feb
16%
Jun
Feb
12% July
Bl
preference
11% July
..£1
Wright Hargreaves Ltd.
"2%
x2%
Apr
5%
Feb
13%
17%
Feb
Jan
2%
Jan
'
v
Friday
BONDS
New
York
Curb
3,400
"2%
14
V* Jan
~3~%
May
Feb
17% Aug
32
Feb
34l/a Aug
-10
20%
4%
14%
.1981
3Y48
Appalachian Power deb 0s
Associated Electric 4%8
Assoc Tel & Tel deb
5%s A
City Electric 3V4s
5s
series
of
Sale Price
or
Edison
SCentral
1970
ivoi
1960
6s
1998
1970
Electric Corp—
IAChicago Rys
Debenture 5s
Jan
J- J
1954
(part paid)_1927
Jan I960
5s ctfs
Cities Service 5s
1948
F-A
Debenture 5a
Debentures 3s
1958
19R0
Consol Gas £1 Lt
&
ret
mtge
3s
ref
mtge
2%s
..1977
Pwr
Consolidated
Feb
Jan
122
Apr
May
12
Aug
20%
Feb
mtge
Gas
&
Lackawanna
of
a
mtge
1st
Eastern
119%
117%
101 Va
103%
102%
105%
106%
106%
107
Q
4s
mtge
Gas &
N
4s
J
165
106
80%
82
84
82%
84 Va
64
75%
86%
73 Va
76
57 %
78
104%
1C4% 105%
64
104 Va 104%
103%
103 %
104 Va
1978
92%
l-O
City)—
92%
105%
105
106%
93%
92%
90%
108 Va
107%
109
10i%
106 V*
108
A-O
Af-N
'
106%
85
105% 105%
J- J
1962
115%
104%
106
.1981
$104
113%
106
113% 114
$116% 117%
104 %
105%
110 Va
lHty
116%
119%
Division—
A.
ser
Fuel
112%
165
82
J-D
Western RR—
ser
180
105% 105%
104 y8
1954
(Bait
$166
105%
106 %
J. J
HIV?
119
103% 104%
A-O
1980
ser
4%s
Delaware Lack
1st
102
Af-Q
iBait)—
P
ser
M-S
M-3
High
100%
109%
112% 112%
Q-F
J-D
Low
110%
107
J-D
-
January 1
No.
102% 103
104 V*
J. J
Canaaa—
Range Since
Sold
119
J- J
Af-N
Bonds
110
J-J
1955
High
$102
J-D
——1953
A5s (10%
redeemed)
A5M2S (10%
redeemed)
Gen
J- J
2024
234s
States
Jan
Feb
Friday's
Bid & Asked
C
Bethlehem Steel
Boston
July
Feb
19 y4
Last
Period
Low
Writing Paper 6s.
Appalachian Elec Power
Telephone
Week's Range
Interest
Exchange
Amer
Bell
Aug
11% May
Aug
23
32% Mar
4% Jan
22% Mar
2V4
3
1
Westmoreland Coal
Westmoreland Inc
Weyenberg Shoe Mfg—
Feb
10 Va
8%
3%
4V4
Atlantic
34y4
117
4,900
36
May
May
5%
10
1
Stationery
Feb
Jan
10% May
8
94
3
30
Western Maryland
Ry 7%
Western Tablet &
Feb
29% May
32%
13
—2
50°
For
32%
12 y4
9%
~7
Feb
1
*
pfd
200
10
1
1st ref 2%s series
R—
2Vis conv debs
•
2,200
100
Corp..
1st
—
3%
22 V*
3% Aug
3% Feb
Apr
19'/a July
23
May
3
May
21
May
•
warrants
Aircraft
1st
Taggart Corp
common
Tampa Electric Co
common
Technicolor Inc
250
3%
22%
ext—•
West Texas Utilities
$6 preferred
West Virginia Coal
& Coke
29%
8%
»ay
7, x^Un
x29
28
3%
Co
Baking Co
77%
6% Jan
12y4May
x29
9%
Waitt & Bond Inc
$2 cum pfd—
27%
2% May
^314 jun
26 Va
2%
~7
preferred
Feb
Feb
M,&y
900
2%
35%
5
Aircraft Co
%
Feb
9%
^
100
36
89% Apr
18% Feb
10% May
3
Aug
2ya Jun
'
Feb
4
Feb
400
82
Jan
2OV4 Aug
3% Feb
common
32 >/4 Mar
4%
qnS
100
Jan
125
300
14% Feb
23%
4% July
Feb
May
1% May
13% May
20
May
2
Feb
21% July
12%
Av
11%
100
100
36
Feb
3 /8 May
4y8 May
,700
1,82n
—
fZf
_8 A
?SS
15
May
May
May
11 y*
■
210()
^
ori/
16
8%
9
8/a AuK
173/
W
30
K&y
•
IIII*
Sterling Aluminum Products
1
Sterling Brewers
Inc..—UHlIZHl
Sterling Engine Co
1
Sterling Inc
1
ATUg
17% Mar
9% Apr
273/4 Jan
1% May
1% May
100
May
~7v
?/8
5
—
Jun
8% Mar
io% ¥ay
28
400
'
29%
tIKa151
Sn
2SS
Aug
33% July
4y4May
4% May
?§o
IL JS^
V0Vo
1
i
374
19%
in
20
.
17
2ft
3%
19%
•
46
16/a Jan
200
"TV
28
II
28
lav
9^
/4
"7#/
1
800
\v
4
•
Standard
29%
Feb
3% July
™ay
07
.
10
,
.
"I
•
1,100
Feb
71% Apr
49% July
8"% May
IV
Manufacturing
Warner
Jun
/8
11
45%
86 Va
$4
Waltham
1
H~>
.
Feb
•
I"
Valspar Corp
Waco
1
Co..
preference
Bwan Pinch ou
4
—
60
500
12
2%
3V8
13% Mar
May
46%
.-10
Wagner Baking voting trust
ctfs
7
27
May
QQ
II* II
5^ origina1 preferred
4.487c conv
Pipe
Southland
Royalty
Spencer Shoe
Corp
~~
Aug
62
Feb
7% Apr
293% Feb
Jan
115% July
*Ian
70
obo
28
1% May
10
Jan
1,275
3
10
254
-
86
12
27% Feb
25% July
Apr
13%
20%
2%" 2%
*
Feb
May
on«
66%
12%
19%
1
common
Feb
...
-
common-HIIHIIIl
South Penn Oil
common
12.50' i
Southwest Pa Pipe Line
South"
1
288%
-
inn
Southern California
Edison
24
•
Co—~
Solar
~aa/
65%
46%
1
Vogt
Feb
„ at
"03/
ri/„
Manufacturing Co-.-ZI-ToO
Manufacturing Co Ltd
Aircraft Co.—
10
500
•
new
14
U* Apr
225
10
2
•
common
Reclaiming Co
Stores
157
'
*4
136,4
254
convertible preferred
Venezuelan
Petroleum
Venezuela Syndicate Inc
Jan
13% Aug
14% Mar
4% Feb
nS* Mai
405
12,3
Rubber
Apr
19y8 May
16% Apr
24
Jan
45% Mar
17Va Jan
7% Mar
2
1
warrants:
2
L ^pr
JTan
av
20
15
common
4% Feb
~
'
Radiator
50
254
Aug
18
May
14%
Feb
July
July
13%
u v
-
W
l°9'/8 1097/8
1
"l
Mills
2200
143 >4 148 Va
"
21%
•
common
®"?ith (Howard) Paper
Solar
?JK
Im
3%
107)
nl ill*
145A
13
Sioux City Gas
& Elec
3.90% preferred
12%
2%
S
26 Va
Apr
7% Jan
3% Feb
5v 5KJ
5*
2QQ
197/!
2%
»•
preferred..
1%
72%
;
90
)%
8
U
5,300
26%
-26%
1
U
22%
62
40
Feb
92
300
1%
1
Power
May
85 /3 3un
2%
-
Jan
Feb
24
™
2%
-
25
Utah Power &
Light common
'II
^
22 Va'
25
with
Apr
% May
3,800
22%
8
United
16%
25o
common
Feb
*9
M
16 y8
10
preferred
Jun
Mar
29
16%
—100
Jan
II
83,4
8L Blt
-
ZA
Slmmon.s-BoardmanFublicaUonsII
$3 convertible
Pattern
"*
8L/4
1
HIIIIb
Breweries Ltd.
Simplicity
18
III*
-*
class B—
1st
7
104% Jun
2"% May
1,000
common
Foil Co
$5
May
5% May
56
Ltd—
Graphite common
and International
Securities
S
3% Feb
11% Feb
9% Jan
6y8 May
1,900
7
13%
4%
**
onii
1
3Va Jan
32% Feb
7% Jan
12% Feb
102% May
10
21%
iS
,18°
234
^
*
7
Shemln-winiams"of~cTftnada
Slck's
~2%
_
1% Jan
4 % Mar
2% Aug
•
Universal Consolidated Oil
Universal Insurance
Universal Products Co
common
Utah-Idaho Sugar
Ipr
Ma,,
2,60S
I
Feb
33% July
6% Jan
37% Jan
Jun
«
2ft
A"""WTe-H-IIIIIZIIl
July
Aug
102 %
7 Vb
•
U 8
U
800
300
50c
U
S
2%
26
4%
onn
3'
6%
J*% May
4
•
Seeman Bros Inc
200
11
28
Securities Corp General
4/4
2% Jan
105
•
Sharing
Feb
2% Mar
4/4
2%
—100
—
Co
Preferred
United Specialties
"
1
Jau
12% Jan
Jun
~7%' ~7%
•
Amer dep rets ord
regis
United NJ RR & Canal
United Profit
Feb
11
Milk
Preferred
United Molasses
Feb
5%
(D
63 V4
4% May
9V4 Aug
9
Elastic
United
Feb
14
10
co
%
1%
warrants..
Machinery
Schulte
2%
3
27
•
10% preferred
United Shoe
BBSS
lVa
-
9'%
lOo
Corp——
United Gas
Corp common
United Light &
Railways.
12% Aug
24% Feb
11%
Corp
United
5% July
6%
1,260
200
United
14% July
20% July
Jan
4 Va
-*
79
IOIV2
6
•
Investment Co—
Union Oil Co of Calif—
$3.75 pfd series A
Union Stock Yards of
Omaha
United Aircraft
Products com
United Chemicals
Feb
32
Aug
— -
11/
4
2%
•
1
1%
91%
3%
2%
Inc
l'/a
101% 102%
1%
1%
1
Realization Corp
Unexcelled Chemicals
Corp
107 Va Mar
3%
11%
101%
a
common
12
1,500
—
Co
—
100
Jun
July
Aug
May
Aug
May
May
May
Dlen
;
1,200
32
12
Roosevelt Field Inc..—.
Root Petroleum Co
acmtl
.
Union
31
12
X8
•
Union Gas of Canada
103 Va 104
500.
49
BOc convertible
preferred
Co—
pfd P—
1%
91%
40% J^y
22% Jaj
17% jan
7% July
12% May
Apr
5% Apr
300
IVu
8% Mar
20% Feb
22
100
5%
1%
14%
7%
l'/a
•
Tung-Sol Lamp Works
reg
Rotary Electric Steel
.
7%
i
High
Jan
Jan
23 y8
l7/a
14'
—
January
Low
Jan
23%
5 Va
•
Trunz
Feb
18% May
600
17%
—
Feb
Feb
600
6%
23 Va
...•
St Pendleton
Inc
Royce Ltd—
Am dep rets for
ord
Arc
1
•
Corp
Tri-Continental warrants—
Feb
2
Range Since
33
1
Stocks
Trans Lux
Jan
51
19%
2,200
21
6
Rolls
Cable
Allied
Shares
High
1
Corp
Toledo Edison
4%7e pfd
Tonopan Mining ox Nevada
Jan
Apr
% May
27% May
80
6
[III
Roeser
Rome
2% May
675
54%
21
nil
Rochester Gas & Elec
4%
Ronson
29%
_i7%
.—8
Rice Stlx
Dry Goods.
Richmond Radiator..
Tobacco
29% May
287/a
*
——
Valley Gas
(Texas Corp) vtc
125
54%
lis
!
Rio Grande
16,300
—
—
&
Feb
&
Low
5
Roofing Inc
Tishman Realty &
Construction
rivoli
Brewing Co.
Jan
18%
1
•
commo
Bit Co
Regal Shoe Co
Reliance Electric
3%
17%
17%
1
convertible preferred—
Raytheon
common
Sales
for Week
Range
of Prices
Par
Co
Feb
96
170
Week's
hast
Sale Price
Tobacco Security Trust Co
Ltd—
Amer dep rets ord
regis
Amer dep rets def
reg
Todd Shipyards
option warrant*.
Railway & Light Securities
Voting common
Railway & Utility Investment
A.
Rath Packing Co
common
Raymond Concrete Pile
common
Friday
Exchange
High
May
May
May
15
Radlo-Kelth-Orpheum
Curb
Tllo
89%
156 %
22
STOCKS—
Range Since January
High
Thew Shovel
Quaker
19^|
EXCHANGE
for Week
of Prices
Low
Monday, August
25,
Sales
Range
Sale Price
FOR
CURB
CHRONICLE
B
3%s
1993
1993
1965
59%
291/2
59%
61
29 Va
29%
$ 102 Va 103%
66
25
102%
68%
36%
106
COMMERCIAL
THE
Number 4623
166
Volume
RANGE
Last
Period
Sale Price
Curb Exchange
York
New
Par
1958
1961
Water Lt & RR 5s
pmlra
stamped
General Rayon
587»
1
1
104
1047a 1047a
1970
1
1958
1958
1957
1957
1952
1952
E
series
A 7s
coupon)
1941
(Aug
A7s
series F
A7s
(July 1941 coupon)
A 7s
56'/a
6s
68
.I960
J-D
5s
5s
11207b
F-A
.1950
105 Vi
1067a 1067a
106 Va
1
3C
4
32%
313/4
43
35
357a
357a
2
34 Vi
41
313/4
42
357a
357a
"3
35 Vi
42
33
—
42
1952
1963
Altalian Superpower 6s
J-J
42
Week's Range
Friday
BONDS
Interest
Exchange
Last
Period
New York Curb
Power & Light
847a
$34%
—
$1043/4
J-D
33
Bale Price
Uhlo
1st
7
$106
J-D
A-O
.
2
1013/4
107
109
1057a
107
$106 7a 107
J-J
*8774
—
*'*
1063/4
—
~1
MS
$104 3/4 105
—
Mortgage Bank of
87
108
107 V*
109
1043/4 106 7a
—
6%
certificates
perpetual
Queens Borough Gas &
5Vis series A
Electric—
Safe Harbor Water Power
1
10
10674
1077s
1067B 1067B
8
106 Vi
F-A
1989
1950
M-N
1966
Spalding (A G)
5s
AStarrett Corp
lnc 5s
A-O
$66 7a
73
—
J-J
$38
45
__
39
39
collateral trust
$10474 105
$104
(Hugo) Corp—
Stlnnes
1948
A7-4s 3d stamped
(Hugo) Industries—
A7-4s 2nd stamped
Stlnnes
A-O
1948
1949
,
United Electric Co of N J 4s
15
1874
1927)
Bank of Chile 6s
28
34
43 7a
30
47
29
$27
M-N
2008
1951
437a
J-D
'
Jf-N
$47
527a
52
52
A-0
147
55
50 Va
53
J-D
$19 Vs
27e
J-J
2%
2 74
Deferred delivery sale,
Under-the-rule sale,
116
1
33
47 Vi
35
47«/2
106 74
1047a
receivership.
Abbreviations used
above—"cod," certificates of
"wi," when
stock; "vtc," voting trust certificates;
warrants.
EXCHANGES
AUGUST 22
Sales
Week's
Transit Co
Baltimore
(;■
com
v
t c__
preferred vtc„
1st
5 %
1772
163/4
47s
193%
17 74
43/b
•
*
_100
16
204
338
37
43/8
20
May
4 7s
Apr
19 7a Aug
1
257a Feb
9 72 Jan
4472 Jan
of Baltimore—
100
preferred B
Fidelity & Deposit Co__
Fidelity & Guar Insurance
Guilford
Realty
Co
Mills
prior preferred—-
6.75%
Commercial
Seaboard
U
S
common—
Western
144%
Jan
116
Apr
Vernon-Woodbury
4%
debs
160
Lines Inc common
Group Assoc —
Jan
217a Aug
Aug
Hathaway
Kennecott
49
19
37
Jan
50
100
100
21
100
Aug
104
Mar
13
13
47
12
Apr
13
'Feb
—
447s
45
93
393% May
467a
Jan
Lone
42%
'
42%
5
41% July
45
Feb
Maine
1
$3,250
102 74
102
~
Friday
Jan
103
May
—
Narragansett Racing
Nash-Kelvinator
Pacific
Shares
Low
LOW
High
High
417s
427a
210
343/8 May
44% Mar
TOO
39 7s
39 7b
15
347a May
443/s
■
Service Cos
& Albany RR
Boston
Elevated
Boston Herald Traveler Corp
Boston
#
7%
&
Maine
.
100
100
•
1543/4 15672
2,329
1497/8
Jun
1747b
Feb
Stone &
497b
1,329
267a
Jan
503/4
Feb
Stop
3772
348
31
May
45
117
Jun
1,570
427a
4174
4272
61
597s
61
prior preferred
Calumet & Heel a
100
5
393/4 May
5774
320
567/e
16
1
2772
27
-
273/4
440
313/4
313/4
6%
33
/
Feb
50%
77
Jan
67/B'
2672 July
2072 May
73/4
Jan
3772
397b
S
68
14
60
672 May
87b
—
—
Rubber
System Inc
Westinghouse
Electric Corp
17
7a July
77a
Feb
103
243% May
32 3/4
Jan
Feb
567a
43 7a May.
6072
55
306
16
Feb
16
235
21
167b
10
5%
70
5
Aug
19%
30c
937b
94 va
272
90 7b May
933A
75c
2,950
7a Aug
%
189
72 July
357/b
36 7b
64c
1,100
26c
May
Feb
67c
14 7b May
17%
28c
74c
Feb
Feb
32
177b
Feb
Jan
121
1%
Jan
'
183/b
38
19
267a May
536
177/b May
2.50
100
33/4.
300
27a May
7%
106
7
7
—25
100
25c
Jun
581
13 7a
Aug
30c
30c
/
14
133/8
13%
16
16
—*
407a
5
*
Feb
Feb
Feb
Jan
78 7b
58% May
25
25
10
*
12%
53
6674
657a
46 3/4
4674
463/b
167b
273/4
423/b
407a
547b
Aug
37
10% May
80
15
15
32% May
-1
Machinery common
preferred
1074
oi%
May
153/4
*
May
6%
j.32va Mar
Apr
707a
42%
Jan
Feb
40
,
41% JViuj.
153/4
*
Shop Inc
&
Waldorf
63
—
Webster Inc
United Shoe
„
pfd
Assn
Torrington Co
Union Twist Drill
United Fruit Co
U
40
240
30c
1°0
-*
50
427b Mar
135
••J
RR—
200
45%
137a
Shawmut
1237a 12474
-50
25
Ry
874
30%
100
2.50
Feb
367b
15674
Woolen
Boston Edison
100
'
—1
—
Tel
Quincy Mining Co
Rexall Drug, lnc——
Rutland RR TJc
6074 July
51% May
2374 May/,.
Jan
30
317/a May
175
697b
153A
»
Mills
47
Copper
382
677
27%
3%
Range Since January 1
*
Anaconda
557b
37'/8
45 7»
for Week
Agricultural Chemical
-100
Assn
Pennsylvania RR
Range
of Prices
Par
American
54 7b
Jan
24 va Mar
Apr
25
•
Colony RR
Old
Sales
Week's
18
%
101
Exchange
Last
.
2874
Jan
'
Central RR com—
National
Sale Price
Tel
23
283/4
36 74
———25
Alkali Works
Mergenthaler Linotype
STOCKS—
&
217/B
Jan
47
Aug
2074 Jnn
2,095
23
—
Mathieson
Boston Stock
Tel
22
,-T
Theatres
Star Cement
England Tel &
North Butte Mining
American
20
22
283/4
54 %
9
887a Aug
July
1247a
27b July
10
5%
—
1966
Refining
15
263/4
Boston
New
American
3%
Jan
74
May
60
25
88%
8
Loews
10a/4
93/8 Aug
3%
Copper
21%
47%
10
50
'
70
22
22
•
First
21%
20
100
High
397a July
Jan
887a
3%
*
Bakeries
Jan
26
21%
93/B
50
70
70
1Q0
Jan
407b
:
American Sugar
——
35
93/o
January 1
Low
233/4
3774
-
General
Mills Inc—
(subordinated)
S3
Eastern
36%
100
—100
100
National Stores
Electric
Gillette Safety Razor Co
Jan
40
BONDS—
Mt
adjustment
18
127
40
40
40
20
Bank
National
10
1457a 145 7/b
1457a
1
Fidelity & Guaranty
Jan
116
pfd
Range Since
High
Low
Ry—
preferred B
Employers
—1—20
com
1
116.
116
—
Corp_—10
common
Mt-Vernon-Woodbury
Street
——.——
5%
Consolidated Gas Elec Lt & Power
Co
Common
6%
,i
472%
Mass
Eastern
Shares
1(jJ
Range Co-—-——-—
Eastern Gas & Fuel Associates—
6% preferred
.
Copper
High
Low
High
Low
Par
Corporation
Arundel
for Week
of Prices
Par
Service
Cities
Range Since January 1
Range
Sale Price
STOCKS—
Sales
Shares
"cum," cumula¬
deposit; "cons," consolidated;
"M," mortgage; "n-v," non-voting
Issued; "ww," with warrants; "x w," without
"conv," convertible;
tive;
WEEK ENDING
FOR
for Week
of Prices
sale, f Ex-distributlon.
y Ex-rlghts.
75
Exchange
Week's
Range
Friday
Last
Sale Price
6
6
traded flat.
Last
,
2%
2 7b
during current week.
sales being transacted
and' asked prices; no
being
ABonds
SReported in
1
d Ex-Interest, e Odd-lot
r Cash sale, x Ex-dividend,
a
n
Friday
STOCKS—
32
1
160
278
27a
27a
J-D
37
247a
2
25
247a
J-J
25
26
123
MS
value,
par
IFriday's bid
68
RANGE
.
987a
90
90
J-D
Ex-stock dividend,
108
OTHER STOCK
Baltimore Stock
257a
257a
104 Vi
893/4
115
104% 104%
104 %
J-D
20
105 ya
10771
101
1
10434
$114
—-
104
—
107% 1073/B
A-O
no
1921
?No
g
__
MS
stamped
1073/4
J-J
& Elec 3Vis
29
100 Va
1063/a 1067B
1067b
20
21
1952
1958
U7
121Vi
97 Vi
MS
mtge 3s
Gas
108 Vi
~4
1965
1970
A-O
94
J-J
A5 Vis
993/4
99%
—
1970
California
106
120
$117 7a 120
—
88 Vi
Bank of Denmark 5s
1972
(Plan A)
to 2y#s
2008
Rio de Janeiro stamped (Plan A)
Interest ^educed to 2 %
—2012
ARusslan Government 67aS
1919
108 'A
$107
—
A-O
907a
Interest reduced
170
1047a
1971
California Edison
Southern
5s
159
1
1057a 1057a
—
,
MS
1952
,_1951
3s
Gas 3 Vis
Southern Counties Gas (Calif) —
Southern
1st
1597a 1597a
—
M-N
Corp 3s_1981
Lt & Pwr 6s B
Steel inc mtge 3s
Southwestern
A-O
1952
San Joaquin
Scullln
U-N
—
90
89 3/4
Mortgage
Parana
Public Service of New Jersey—
96
$~
$~
1947
1947
1931
(Issue of Oct.
AMortgage
43 7a
45
F- A
Bogota—
of May 1927)
(issue
A7s
'•
1077/b 1077B
J-J
(Peru)
City
A7s
$106 7a
J-D
77
—
—
6V2S
External
ALima
76 Vi
22
M-N
Maranhao stamped
104
10774 10774
A-O
3Vis_1964
1970
19S9
4Vis B
(Can)
Corp
Power
1073/4
3
1
3 Vis
104 %
1033/4 1037s
lub8
Pennsylvania Water & Power
stamped
6Vis stamped
(Plan A)
Interest reduced to 27sS
AMedellin 7s stamped
A
103
10574
107
-—
Danzig Port & Waterways—
65
'i
1971
1964
1st mtge 3s
53
5s
76 Vi
75
43 7a
J-D
78
77
—
$70
J-J
High
Low
No.
1955
1953
5Vis
External
Sold
High
$70
A-O
Range Since
January 1
Bonds
Friday's
or
Bid & Asked
Municipal Loan—
Cons
External
6
103% 1033/4
1033/4
104
Danish
V
.
643/4
64
A-O
MS
11174
111
102
$10274 103
—
M-N
mtge 3s—
Park Lexington
#
111
110
(Col)—
A 20-year 7s
April 1948
A 20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948
Agricultural Mortgage Bank
1043A 1043/4
__
114
$110
•
F-A
2004
Westchester Ltg 4s
Power 1st mtge JV4S
N Y &
42 Vi
$110% 1137a
1961
England Power 3Vis
94
1027a
'
M-S
J-J
1963
1967
4Vis
Light
Gas
Milwaukee
New
78
38
.
Midland Valley RR—
Extended at 4% to
99 y4
10
85
85
J-J
2022
1969
1958
Kansas Gas
23
'
._19<59
Electric Power 3yas
& Electric 6s
3 Vis
M'cCord Corp deb 4VaS
Kansas
Kansas
1003/4 10174
10074
J-J
1057a
3
Foreign Governments & Municipalities
357a
35
1957
5s
Power
Debenture 6s
1207a
101%
.
108 y4
~1
Low
Interstate
108
V4
115%
—
—
105%
104
110
108
loo
104
103 Vi
~
J-J
1067b 1067B
Union—
debentures
f
g
108
A-O
104Vi
$ 1047a 1057b
35%
F-A
conv
1
5
108
J-D
2030
82
637b
%l
80
High
Low
No.
Vi 107Vi
102%
J-D
coup)
Traction
104 %
International Power Sec—
1941
Electrio
Penn
Western Newspaper
—
U-N
1
Penn
West
—
F-A
(Dec
West
Sold
High
$78 7a
*
Range Since
January 1
Bonds
Friday's
or
Bid & Asked
.1964
3 Via
Power
105 Vi
65
1047a 1047a
1963
debs
income
Water
MS
.1994
106Vi
Vi
$10374 1033/4
1950
series C
Wash
84
55
__
5874
J-J
5s
A6%s
63
103
A-O
5s
AGVas
40
105
A-O
Service
Indianapolis Power & Lt 3Vis
■
Sale Price
L010
$103 7a 104%
5674
lien & ref
Indiana
1st
$63
Last
Period
Waldorf-Astoria Hotel—
124
$ 105 74 1057a
.
'.x
Week's Range
Interest
,4.
Exchange
Curb
High
\
121
68
York
New
January 1
__
66
'
J-J
Jan 1949
B
series
6s
68
J-D
Jan 1949
Hygrade Food 6s aer A
$121
BONDS
Range Since
Sold
.
J-J
1950
1963
1958
Grand
Bonds
Low
—
J-D
1948
Co 6s «er A
Trunk Western Ry. 4s
Mountain Power 3%s__
Guantanamo & Western 6s
A
Green
AUGUST 22
Friday
Range
Friday's
or
Bid & Asked
High
M-S
EN,DING
A 5s
Mtge Bank—
Finland Residential
5a
Low
M-S
WEEK
FOR
Week's
Friday
Interest
BONDS
EXCHANGE
CURB
YORK
NEW
33
(785)
CHRONICLE
FINANCIAL
&
100
2,530
6674
463/4
463/B
690
167b
283/b
40
443/4
Apr
May
Jan
617a May
65
453/4
Jan
50
407a
Jun
10
137/b Apr
22% May
273
Jan
4
39 7a
Feb
267/s
Feb
4
7a
Feb
IP/4
Feb
60c
Mar
15% Mar
177b
Feb
16
Jan
423/b
Aug
46
Jan
597/b July
71%
48
Apr
May
60%
Feb
177B
J»n
3074 July
(786)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, August
25, 194)
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK
ENDING
AUGUST
22
Chicago Stock Exchange
Friday
Week's
Last
Range
of Price*
Shares
Admiral
Corp
common—
Alum
Castings
Advanced
Allied
Laboratories
American
Tel
Armour & Co
Co
common
5
Asbestos
Mfg Co common
Products Corp capital
Athey
Automatic
Avco
Washer
Barber
Co
Barlow
&
Binks
Co
111
&
100
17%
90
33
32
33%
450
22%
22%
22%
150
5
conv
common—
•
—10
.~.1
1
Corp
Chicago Corp
common
1
1%
50c
pfd
5
common
preferred
Simons
Flour
Co
Fox
Mills
64%
64%
100
9%
9%
97/a
600
7% May
5
100
113
Connell
40
11
(W
H)
Hammond
Hein
Werner Corp
Inc
Co
Katz
Prod
Power
Drug
400
8%
13%
May
21%
Jun
&
Co
4 % %
Middle
$1
West
&
10
10
*
com
prior
*
,
National
1%
Oak
1
5
vtc
8%
Manufacturing
B
18%
200
15%
2,150
1,650
14%
14%
100
21%
50
30
250
42
150
350
Pe'nn
Electric
cl
A
Sangamo Elec
Sears Roebuck
Serrick
Sinclair Oil
Society
Brand
Bend
Spiegel Inc common
Standard Oil of Ind
Sunbeam Corp
•
Thor
capital
*
U
S
common.,
♦
common
&
600
13 %
13 %
IOO
11% May
22
22%
500
16
P
12
450
200
430
May
34Va Aug
21
48
Apr
26%
Low
7%
Apr
5% Apr
93
Apr
10%
class
*
109
S
110
Mfg
&
Tel
Mfg
32
(Un)
Chemical new
Electric Controller
commonIl2%
.100
common
-—11—5
_*
Mining
T
j
com
•
I~~10
~50
22%
Jun
30% May
8% Jan
29
Feb
40% July
12% Aug
Halle Bros
x24% Mar
32% July
Interlake
pfd.
Iron
Feb
Feb
McKee
600
1,150
200
26 %
16
31
1,200
14
600
May
May
May
May
21
May
48%
170
May
47% May
72%
300
62
27%
28%
400
May
23% Apr
11%
350
11
15%
250
14%
14%
200
16% July
9% Feb
44
1
July
34% Aug
241/2 Aug
37% Jan
3%
3%
200
14%
200
37
Jun
11
May
9 %
May
2% May
May
May
31% May
12
26
37
200
Jan
42
,176
40
Jan
43
Apr
54
Mar
50
51
47
40 %
25
25%
71
23%
25% July
May
25
*
—
5
66%
65%
Aug
Feb
51% July
Apr
27%
Feb
100
5
4% July
6 %
Feb
56% May
12% May
66%
3,281
13%
13%
145
43
43
45
80
38
50%
Jun
50 %
52
50 %
Apr
71
49%
Jan
52%
Feb
__
Week's
Range
67% July
16 % Jan
23%
31
Feb
Aug
54
Feb
79%
Feb
30
July
a9%
108
12"%
-■
Portland
N
Y
Central RR
Ohio
Oil
Mar
21
7%
30
105
5%
Jan
Feb
34 Va
Jan
174%
Fep
10%
Jan
30%
\
100
108
27% May
11% July
"
13%
83%
2,329
155
54
a38% a39Va
50
,
37% Aug
,
a48
Feb
Aug
4,870
30% Mar
July
13% Aug
84% July
37
Mar
44%
Feb
40 Va
May
54 Va
Jan
80
•
42% July
66
40
65
88
8
a36% a36%
37
32
a59
a59%
59
51%
Jan
65%
Feb
10
34
May
49%
Jan
*
•
Pennsylvania
a44% a44%
Radio
S
Steel
Van
Dorn
10
-
(Un)
White
Feb
41%
Jun
61%
19
27%
Jan
30
12%
Jun
15% Mar;
51
Jun
13%
51%
51%
115
13%
75
Feb
Aug
34
_*
Va
34%
35
335
31
11%
12%
478
9
57
57
57
35%
10
—_.l
5%
5%
■
w
2%
—
Jun
36%
Jan
13
Apr
63
34%
Jun
52
4%
Jun
100
2%
52
907
6
Jan.
15V8 July"
101
*
„iS
54%
9% May
12%
14% al5Va
a26% a27
\
a
—
•
*
25%
(Un)
58
(Un)
-
--
common—^10
*2%
(Un)
*
31%
al4y8 al4%-
•
♦
a27% a27%r
45%
46%
a71% a73
T2%
12%
;
12 %;
75
12
8%
Feb
July
Feb
Jan
Feb
Jun
4%
Jan
May
22%
Feb
77
21
95
26%
31%
1
Works
,
al8% al9%*
a8%
a8%
>•••:.. ♦
•
(Un)—
common
Motor
Feb
39 Va
*
(Un)—_
Iron
May
Feb
12%
36
30
13%
*
Corp of America
Coach
75
130-
30
13%
Cement
R R
Republic Steel
July
% May
•
IIIlOO
51%
Jfatterson Sargent
U
42
a9%
108
Jun
Jun
a41% a42
a48%
15
10
(Un)
Feb
Feb
4
1
High
22% July
149%
12%
—*
*
Metropolitan Paving Brick
National Tile &
Mfg
Standard Oil of Ohio
41%
100
108
148
-
82
15
class B__
15 %
Feb
Low
4%
a24Va a24%
al54%al56%
108
Range Since January
High
4%
Richm&n Bros
5%
17-,
Shares
Low
83%
(Un)
13% Jan
16% Feb
July
Sales
for Week
of Prices
35%
(A G)
Medusa
Twin
14%
69
Jan
—
17%
3%
32 %
Jun
51
1
Goodyear Tire & Rubber com.
Great Lakes
Towing common.
Greif Bros
Cooperage class A.
34%
141/4
Jan
53
*
8% May
Stocks—
American Radiator &
St San
American
Rolling Mill
Anaconda Copper
24
20
49%
100
(Un)
General Motors
(Un)
Glidden Co (Un)
37% May
15%
14%
20
170
58
30%
common
(Un)
600
11%
«
50
30
a457/a a45%
Feb
71%
•
25%
*
Electric
300
27%
Jan
65
41
48%
99%
49%
*
12%
48%
Feb
Jun
58
—1
...
Interlake Steamship
Lamson & Sessions"
21%
14%
71
a9% alQ
Erie Railroad
350
31
Aug
115
25%
100
com
29
30%
7
78%
28%
1
(Un)
i
61/2 May
23% May
20
.
1,197
78
50c
common
40
20
Feb
7%
e
Cleveland Electric Illumin.
com
Consolidated Natural Gas
(Un)
Feb
28
Brass
General
26%
150
•
110% Aug
121
7
51
*
14
33%
Jan
Feb
106% Mar
49%
50
Ice & Fuel
Cleveland Cliffs Iron
$4.50 preferred
Jan
May
May
150
34%
Feb
21%
29%
Jun
42
-*
800
*24%
26%
9% Aug
25
114% Aug
—
•
Printing
19% May
251
215
49
—
-*
-
Feb
12
78
*
G
Feb
28
Jun
110%
7%
*
.
37%
16
85
10%
1
High
297/e May
100
28
109
50
—
300
33%
July
114% 114%
—
—g50
97
23%
9%
27 %
—*
7
32
21
9%
28
100
City
Jan
18
300
24
12% July
4% Jan
15 %
Loto
35 %
23%
__
100
Prior preferred
Feb
200
34%
Feb
Range Slnee January
High
21
c
•
A
Apex Electric
Feb
9%,
24%
12%
24
Jan
May
Feb
24%
Sales
34
30
12 Va
41
Week's
35%
—*
28%
28%
July
79% July
17
May
7"%
Shares
-2
Dow
Jun
390
16%
Mar
2 %
100
Feb
17
for Week
8.50
American Home Products
Feb
600
31%
2,310
3%
Range
--10
American Tel
Jun
21
39%
16 Va
12
of Prices
Par
31% July
350
26%
7
"a
•
common
Corp
11%
30%
-
Z
pfd—
preferred
Akron
Feb
31%
161/4
May
May
64
13%
Last
Feb
19
10% Feb
15% Feb
13"% Mar
•
Mfg
Yates-Amer Mach
capital
Unlisted
5
5
Tr—
common
Wisconsin Bankshares
Woodall Indust
Alleghany
28
190
21
:
■
Westinghouse Elec
16%
Friday
16% Feb
21% Aug
180
39
25
-
(The) common
La Salle St
Corp
Steel
5
25
Co
208 So
16%
16%
STOCKS-
13% Mar
Jan
X12
39
__2
-
Corp
Trane
23
20
Street
Feb
May
26%
1
capital—
bunastrana aaacnine aooi
Swift & Co capital
stock
8% May
13% May
17% May
•
common
Works
11
200
Cleveland Stook
Exchange
Jan
24%
150
29 Va x29%
1
common
Clothes
Lathe
•
common
Corp
Corp
100
27%
♦
capital
Prod
30
148
18%
29%
common
Corp class B
Shellmar
South
Co
& Co
May
13% July
10
21
7% May
11%
26%
Sale Price
Preferred
Feb
30
6%
&
U
IIOV4 Mar
175
6%
Switch
15
34%
Mar
: 165
103% 104%
Pennsylvania RR capital
Rath
Packing common-
22% May
110
165
—
33% Jtjly
28% July
Feb
175
9
T
July
50
9
111
Mar
42
261/4
com.
preferred
25
Jan
16
100
22%
200
Jan
11%
Friday
Feb
42
42
8%
Feb
Feb
Jan
Cincinnati Stock
Exchange
Apr
300
common—
Peabody Coal Co class
29
11
30
100
—
Jun
May
May
150
22%
25
3%
Art
Rapid
Feb
8
2,000
21%
100
7%
14 %
31
21% May
Jan
17
8%
•
pfd
200
700
Feb
Feb
15 Va
10
common
33
•
National Pumps
P
Jan
50
11
Jun
27
•
Feb
18%
10%
25
18
24%
10
28%
„
19%
22% Feb
33% Jan
May
27%
1
Lunkenheimer
Feb
15%
17%
•
5
9 %
U%
_1
Kroger
Jan
56%
110% 110%,
*
&
Hobart
Jan
11% May
61/2 May
41%
17%
15%
O
Gibson
Feb
53% July
22
28%
100
8%
1
common
Eagle-Picher
Aug
10
8%
42
N
Kahn
291/2
Jun
Feb
6% Feb
Jun
32%
Formica
Feb
17%
May
18'%
10
A
200
53%
22
11
common.,
lien
pr
preferred
6%
22
x24
8% May
11
300
8
70
Jun
19
130
12
7%
28%
capital
Bancorp
Util
1,150
53%
100
Standard
Northwest
350
9
Feb
Mar
Apr
20
600
Mar
24%
11% May
18% May
200
14%
11%
1
•
60
27%
8%
53%
15
56
100
21
14%
7
common..
preferred
Northwest
13%
—*
50
Modine Mfg common
Muskegon Mot Spec class
21
8%
1
24%
11
Jun
5%
10%
25
Cincinnati Telephone
Feb
31%
11
50
26%
1
9%
Va May
17
Apr
19% May
250
20
20
*
common
11%
63
13%
13%
100
Apr
C
Feb
11%
24%
26%
27
15
J
Laundry Mach
Cincinnati
Jan
63
21
N
Cincinnati Gas common
Preferred
Feb
21
600
11%
65
20
24% '
5%
12% May
600
•
Champion Paper & Fibre
Churngold
Feb
16% May
250
39% Feb
14% May
200
5
Par
Feb
31
9
May
May
Apr
14%
■"
American
12% Mar
50
600
Feb
6% Feb
8% Jan
107/e May
Burger Brewing
Aug
400
23%
24
—
6%
47/a
Last
19% July
Jan
3
700
1
P
Feb
11%
\
32
300
5%
25%
•
Feb
23% May
16% May
10
22%
1
Prod
Corp
Hart Inc
9%
*
-
Food
300
19%
17%
52
650
27%
17
25
pfd
Co
preferred
Mickelberry's
Miller
&
17%
7%
27%
—w'.
3
common
Field
7%
common—1
common
400
500
19%
•
Libby McNeill & Libby common
Lincoln Printing Co
common—
Lindsay Lt & Chem common
Marshall
24
59%
7%
*
common———
Switchboard common
Leath
23
59%
*
Jan
200
4
10%
•
common
'■TV
Jan
104
Feb
9 %
—1*
Tool
41/4
May
300
pfd
cum
81
1,350
Co
Kellogg
Kentucky Util jr
20
13%
36%
10%
—
common
common
Jan
40
Jun
17%
9%
59%
11
Co
July
Aug
30% May
2% May
50
37%
1
STOCKS—
9%
9%
common
$6
35
10%
common
Steel
Interstate
20
17%
1
Brick Co capital
Illinois Central RR common
Indiana
26
3
10
com
Oil Co Inc
of
Aug
25
May
Apr
w
July
12%
Jun
May
14%
21/2
new
Steel Spring
&
Jan
12
July
32
60
9%
(new)
Pneumatic
62
33%
104
1%
Illinois
Independent
July
22% Mar
27% May
17%
common
Hibb Spencer Bartlett
3
104
57
50
5
Harnischfeger Corp common
Heileman (G) Brewing Co
capital
Horder's
100
35%
3
104
Wilson
Feb
9Vb Feb
117
Mar
1,200
10
Inc
common
Instrument
35%
800
Oil
Corp
Sunray Oil Corp
United Corp
651/4 Mar
Aug
20%
May
%
25
25%
•
(The)
Studebaker
Feb
13%
112% July
600
*
common
& Dk
11%
9%
4
5%
33%
Co
Standard
July
&
Corp common
Refrigerator Co common
Gillette Safety Razor common
Great Lakes Dr
40
251/2
5
Gibson
Co
25%,
26
59%
31
*
Auto
Brewing
30%
31
1
Dredge
America
Drive
58%
29%
.10
——
5
Oil
•Standard
'
10
30~
—50
new
113
58%
5
General Motors
Gossard
400
64%
25
(new)-
Corp
of
(Peter)
8%
Car
Airways Corp
Socony Vacuum
Feb
25
6% May
60% Jun
2%
common—
Four-Wheel
°8
8
-*
(new)
common
&
7% Mar
Motor
Republic Steel Corp
10% July
8% July
19 % May
5
Credit Corp class A
Eddy Paper Corp (The)
Dock
10
200
•
Domestic
Fltz
8%
24%
2%
500
4
*
Radio-Keith-Orpheum
Feb
1 % May
5%
36%
~5%
10
Radio Corp of America
common
Jan
8% May
8%
*
Corp
300
2,100
*
c
(new)
Mfg
1%
Pure
Feb
23%
Central RR capital.
Co
Pepsi-Cola Co
Feb
20
500
j
High
JJay
May
23% May
Jan
161/2
Aug
24%
1
common
Doehler-Jarvis
9
10 Va
10
*
common-
10
Jan
\l
10
—5
American
Amer
131/4 Feb
11% May
50.0
Consumers Co-
Dodge
10%
1,300
Pan
Corp
Paramount Pictures Inc
Aug
50
37%
-1
.4
—
Packard
Jan
17%
,
Mar
300
9%
Coleman
(The) Co Inc—
Commonwealth Edison common
Cumul
14%
16%
Chicago Milw St Paul & Pac v t
Chicago & Southern Air Lines
Chicago Towel Co conv pfd-,
Common
40
13%
North
Jan
23
Co
Nash-Kelvinator
Feb
20
100
7
4%
Radio-
Graham-Paige Motors
Gas Light
Apr
37
11% May
9% May
100
9%
Convertible pref
Chrysler Corp
50
450
15%
common
71/4
Apr
13%
11%
5%
Television &
Electric
New York
January
*-°U>
17%
11%
11%
Range Since
High
17%
Electric
Laclede
•
11%
10
Central States Pr & Lt
Cherry Burrell Corp
13V2
General
Feb
261/2
Apr
18%
Low
—1
5 %
Feb
5%
16% July
28
&
Cur tiss-Wright
Feb
131/2
Jan
44
common—1
Biscuit
Util
13%
44
3%
4% May
24%
11
•
Shares
Motors
Farnsworth
15% July
Jan
44
—10
capital
common
Secur
4
100
common
W
100
5%
(E J)
Ring
S
4%
25%
common
Carr-Consolidated
Cent
4%
5%
& Sons
Central
450
25%
17%
Manufacturing Co capital
(George Wi
Corp—,
Bros
9%
1
Borg
Butler
1% May
8% Aug
8%
Feb
22% Aug
Feb
174%
9% May
350
3
Seelig class A
Piston
9%
1,200
2'/4
Gas
Continental
Feb
7%
Jun
14
Columbia
IOV4
Jun
13%
3
Brach
Burd
17
150
common
(WH)
Mfg
200
2,000
2%
4
100
22%
Corp
Bastian-Blessing Co
Belden
13%
for Week
High
6% May
4% July
156%
155
1
common--
Manufacturing
156%
100
4%
22%
100
LOW
7%
4%
•
capital
High
7%
5
common
Tel
Low
1
Sales
Range
of Prices
Par
Certain-teed Products
Range Since January 1
,
Par
Week's
Last
Sales
for Week
Sale Price
STOCKS—
Friday
Sale Price
STOCKS—
24 Va May
176
.1
%
31
.
Apr,
,27% July
30% Feb
17% May
7% May
26%
10%
,22% May
.
279
45
241
23%
50
.Jun
Jan
9% May
61% May
40
Feb
Feb
30% Feb
•
54%
Feb
31% Aug
15% Mar
79%
Feb.
Jun
20%
Feb
5
19% May
29%
Feb-
99
53% May
72%
Feb
.102
.
10
—
Youngstown Sheet
—
& Tube.——
a27 Va a27Vs
a68% a70
35
(787)
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4623
166
/olume
OTHER STOCK EXCHANGES
RANGE
EN.DING
WEEK
FOR
AUGUST
*•
'•
^
■
.
,
»
.
Sales
Week's
Friday
Last
STOCKS—
,
Range
for Week
Sale Price
of Prices
Shares
Low
WATLING, LERCHEN & CO.
•
City Lines Inc
Corporation Ltd
Northrop Aircraft Inc
Members
New York Curb Associate
York Stock Exchange
New
Chicago
Stock Exchange
Detroit
Stock
Oceanic Oil Co
Exchange
DETROIT
Building
Clay
Gas
&
Elec
5%%
common
Detroit Stock Exchange
Week's
Friday
e
—
Corp
Consolidated Paper
Continental Motors
D
:
—
—
——
.
300
2
3%
Aug
31/4
Jun
250
151/4
Jan
250
21/4
51/2
Feb
Sierra
1% July
2% Jan
61% July
60
25tf
57% July
19%
19%
422
19
7%
7%
100
Feb
Feb
Solar Aircraft Co
6%
505
7%
8
Apr
Jan
200
4Va Aug
6%
Jan
1,179
22% Aug
27%
Apr
100
10% May
13% July
Jan
22% July
1
Frankenmuth Brew commonAle
Friars
Motors
22%
22%
4%
500
'
.
''
* '
.
'
Packard Motor Car
Jan
65 %
Feb
16%
16%
21
Feb
17%
145
13 V* May
20
Feb
1%
1%
100
1% May
3
3
200
2% May
Rad
6%
6%
350
6
Aug
6% Aug
Amer
Smelting & Refining Co
8%
500
8
July
8% July
American Tel & Tel Co
2
2%,
300
2
Mar
2%
Jan
Anaconda
1.
1 Va
75c
May
1%
Feb
IIIIl
1
_
Davis
;:;_2
6% Feb
5
*:
•
,
Apr
6%
Feb
23%
Feb
4
Jun
6%
Jan
34% May
41%
Jan
334
5%
1,225
3% May
31%
31% Aug
31% Aug
4
4
100
7%
100
7%
Jun
Jan
4%
3% Mar
7%
10
Jan
-1
12%
12%
„1
Manufacturing
3%
3%
—
& Die
-
—
2%
„1
Aircraft common
3
Jun
4y8
6
Apr
11%
Jan
15
12
790
11
May
18% Feb
2%
July
1% May
2% Aug
2
11,400
1,360
-2%
2%
Jan
Jan
Angeles Stock Exchange
STOCKS—
Barnhart-Morrow
/.
;
V
Bolsa
Broadway Dept Store
1,000
8%
9%
5,633
14
14%
605
a23% a23%
20%
Corp
Corp
Borg-Warner
"Case
I
J
Co
——
,
Consolidated
Steel
Feb
9%
Feb
Jan
13
Apr
15% July
40
25% May
29% Mar
.—1
f
214
19% May
25
Feb
Jan
17%
550
12 % May
20%
59
570
56% July
61% July
al4%al5%
35
12% May
16% Mar
142
17'A May
20
Oil
Co
21% May
34%
Feb
100
11% May
23 %
49%
62
14%
Vultee
Consolidated
—1
Gladding McBean & Co.
Goodyear Tire & Rubber Co
Hancock
Oil
Co
*
Foods
Inc
common
Hupp Corporation
Intercoast
Jade
Oil
•
Petroleum
Company
Lincoln
Company
Petroleum
*,
,
—
—-
Menasco
1
Merchants Petroleum
Monogram
Pictures
1
1
_
Manufacturing
1
1
10c
Co_
Co
Co
Corp
,
.
395
14%
Feb
Jan
May
15%
"Apr
13
Ohio
Packard Motor
a72 %
35%
35'A
35%
805
23 % May
35% Aug
a5%
a5%
30
4
May
a5c
a5c
600
4c
July
8c
Mar
a6c
a6c
500
5c
Jan
12c
Jun
1.20
1.20
100
Feb
2.00
Apr
;
14 Va
84%
"Oil
1
105%
11%
12%
1,750
11"% Aug
1.05
1,200
95c
20%
29
Jan
Texas
Feb
Texas
a4%
%c
a22c
3,900
65c
Jan
1.00
700
14c
Apr
23c
784
8%
8%
8%
19%
19%
19%
135
1.50
1.45
1.60
5,075
13%
450
72 %C
1%
13
72 %c 72 %c
70c
3%
500,
1%
1%
.
7%
May
340
70c
3%
250
200
5
15%
1.25
11
70c
1%
48c
May
Jan
Jan
May
May
Apr
Mar
3% May
Feb
July
20
Feb
July
1.70 July
19
Jan
3%
95c
5
Jan
Jan
Mar
Jan
Apr
a28% a29%
115
22
Mar
29% July
a87% a88%
115
78
May
96
a43% a43%
35
40 % May
42%
51
100
46 'A Mar
51
a39% a40%
525
34% Mar
34% Mar
51
—*
all%
all% all%
a36% a37%
85
11%
a25%
a29 % a29 %
3%
3%
al3% al3%
9% May
80
a36%
7%
Feb
50
3%
10
May
12
24
Mar
26% July
10
28%
4%
al7
al2y4
a
4%
391
12%
Feb
Jun
45% July
Jun
31% Mar
Jun
May
Feb
6%
Feb
20
16%
Jan
May
39%
Feb
39% July
42%
Jan
49%
65 Va Mar
33
12%
29%
140
11%
a
May
10% May
29%
11%
200
3%
a40%
Apr
13
36%
a39%
51'A
3%
a407/s
al2%
a39
17%
4%
15
54'A
Jan
May
41%
165
36%
Feb
26
152
al8%
12'A al2%
3%
7
80
31%
11
50
18%
Jan
Jun
2% May
740
a31% a31%
a
Feb
15%
38% July
25
175
a7
Jan
Jan
'A
a47
Jan
Aug
24
a47 a47%
a 7'A
a 7'A
Feb
24
100
11%
a46 %
60
100
Jun
May
3
285
75
38% May
50
10 Va
Jun
29%
Aug
9% May
Feb
5%
42
»
July
13%
Jan
36
Jan
17%
Feb
117
43%
Apr
46% Mar
8'A
Jun
10%
Feb
8%
200
50
19% Aug
25%
Jan
a45yi a46 Va
'
8%
17% Aug
al7% al7%
al7%
65
60%
267
51 %
15%
942
12
a7%
10
a7%
18'A Aug
Apr
62%
Feb
May
22%
Feb
Jun
10%
Feb
Feb
7%
80
24 % May
32%
a25y8 a25 Va
27
134
21% May
27% July
27
5
Aug
Feb
5%
2,210
7%
5
May
Feb
19
774
26%
18%
18
18%
43%
43%
.10
—50
—25
—•
252
26%
a8%
—15
Co
—S
*
25
16%
—
25
1
25
(N J)
Company
Gulf Sulphur
Tide Water
25
—
Co
Assoc Oil
Carbide & Carbon Corp—
Union Pacific Railroad Co
United Air Lines Inc
United Corporation
(Del)
a34y8
a33% a34y8
a62%a63V8<
a56% a56%
20 y2
.100
-.10
30%
20%
al06% al06% al07%
al41% al42y8
19%
19%
44
July
194
65%
78 %
July
16% May
25%
Feb
324
34
Apr
37%
Jan
66
57%
Apr
60% May
85
47%
Apr
615
130
70
3%
Feb
18'A May
93%
Jan
25%
'
51 %
150
19% Aug
200
2% May
15
100
13% May
25%
535
17%
23%
28%
28%
142
9
9
300
22% May
7% May
a48
96
44% May
a47%
Jan
Jan
21% July
93% Jan
a—
a—
15
A_
Feb
31% May
———.
Pictures Inc
Western Union Teleg Co class
Westinghouse Electric Corp
Willy-Overland Motors, Inc
Woolworth Co (F W)
47
37 Va May
—
3
Feb
31 Va May
—
—1
Jun
Feb
17% Aug
100
/
77
a217/8 a22 Va
—
Mar
10%
30%
12
a21%
a62%
14
Feb
28 Va July
292
a39% a41 Va
—10
23% May
100
40
[
7% May
,
325
a30% a31%
a41%
60%
101
16%
40
16%
Jan
22% Apr
115
a27y8 a27%
—
Apr
54%
495
27%
a8%
27%
37%
43% Aug
205
a56% a57 Va
a57%
a8%
Warner Bros
95c
Feb
24
17% May
-1
Union
9%
Jan
32 y2
36
15
Feb
15% May
4
97
May
60%
Studebaker Corp
Swift & Co
13% May
10
13
Jan
10
71% May
135
77
Standard Oil Co
50
-
85c 87
1.35
15% July
115
279
a43%
.-1
Aug
12% Aug
Mar
18
•
*
.*
1
*
—*
Inc~
Railway Co—
Standard Brands Inc_.
Standard Oil Co (Ind)
325
a20
al7c
May
58% Mar
110
42
a20% a20%
Southern
Jan
a4 %
87 %C
Socony-Vacuum Oil
Feb
Jun
Jan
31% May
278
Republic Steel Corp
Feb
82
Feb
July
173
a29%
*
Company
of America
34
42%
16%
Jun
4% May
18
*
65
452
51 y2 Apr
150Va
7b2
100
-7
Corp
Jan
210
Feb
a37% a37%
5%
5Va
__
Feb
Jan
6%
64 %
11% May
200
a 14
84%
al3%
al4
*
Car Co
May
110
17%
Feb
—
Incorporated
a59
Aug
1.00
90
al4% al4%
61
62
a 156% al54% al56%
36% 36%
al4%
—
Railroad Co
Pennsylvania
Phelps Dodge
10%
a20
Feb
24% July
May
79 %
,-5
Co_,
American Aviation
American Co
Oil Co —
10
17%
20
2,546
Feb
Jan
5
North
250
a4V2
19%
'/
Jun
15%
20%
Jun
10% May
63 y2 May
Radio Corp
44%
11%
15%
—
Pure
26
,12% July
Jan
148
-5
Company ——
Montgomery Ward & Co, Inc—
New York Central RR
Jan
52%
8'
Magnavox
Feb
210
al4% al4%
23
23%
-1
of Canada
Tel Corp
—
Kennecott Copper Corp
Libby McNeill & Libby
9%
500
742
„1
Infl Tel &
2.05
28
100
11%
62% July
a71% 72%
„5
Iron Corp
5 lA May
a60
2,740
14%
11%
23%
-1
Co
Electric
87 %c Aug
28
12 Va
-1
Aircraft
Foods Corp
35
-
11%
11%
Apr
7%
14%
12
•
Oil Co
2,000
,
a20
10
Lockheed Aircraft Corp
Mascot Oil Company
—*
0%
1
10c
—
Corp
—
Kaiser-Frazer Corp
Lane-Wells
,
.
1.00
1
Co__
Hudson Motor Car Co —;
Hunt
110
11%
Hilton Hotels Corp
Holly Development
Mar
47
51% Mar
_25
(Del)——
Zellerbach Corp—,--—
Pullman
44%
a58%
*
A common
class
.
1
com
40
35
,
10
common—
36% July
936
,
a25 %
Continental Motors Corp
a6%' a6%
87%c 97%c
__
32% July
Jun
526
Gas
10
.„1
General Motors Corp
Jun
—
1 /
class A——
Ltd
29 Va
245
Feb
810
.—4
Exeter
28% July
959
11%
& Electric Corp.—
Solvents Corp—__—.
Commonwealth Edison Co
Commonwealth & Southern Corp.,
North
55
822
32%
.10
Commercial
Loew's Inc
al8Vaal8%
28%
28 28%
—<
14% 14%
a56% a57%
Corp
29
31%
_25
Ry—
Interlake
—
•
Jan
Jun
Jan
58%
25
-i.
—
Pacific
Cities Service Co
Jun
17%
al5%
Preferred
13%
34%
7%
29%
„5
Apr
58%
2.50
common
new
20%
Aug
30% May
44%
-15
(B F)
Co__
Graham-Paige Motors Corp——
Great Northern Ry Co pfd—
16
a30% a31%
—
593
.
IntT Nickel Cs
6%
25
32%
37%
-5
7% July
6% May
—
com——:*
Central Investment Corp-——,——20
Certain-teed Products Corp—2——1
Chrysler
3,059
7%
14
Corp
Packing
California
7%
7%
11
a9%
.13
;
1.00
Jan
Jan
9%
*
*
—.
—.
Byron Jackson Co
3%
62 %c May
7
2
1
i
Oil Corp
Chica
200
7%
'
Blue Diamond Corp
1,200
65c
16%
a97/a
16% Aug
58%
25
Goodrich
High
5
*
Basin Oil Co
5%
65c
Consolidated -—_—1
May
.100
6%
Low
4%
1
Company
Petroleum
Bandini
Range Since Janngry 1
High
Low
Par
'
14
a87%
(The)
General
for Week
Shares
Aug
605
118
4j4%
Steel Corp
Company
Borden
General
Range
of Prices
Apr
120
121 %
37%
—5
Works———
Electric Bond & Share
Sales
Week's
Last
17c
Jan
58%
-50
Curtiss-Wright Corp common
Friday
Jan
85
44%
[loo
Co
Company
Oil
Barnsdall
Continental
Sale Price
11c
80
——
Baldwin Locomotive
Crown
Los
14,000
3
Corp
Columbia
500
2
11c
—
Jan
7% July
250
7%
V'.: 2Va
2
„1
Products—
Screw
12
_.l
common—
Feb
12
—1
Radiator
13%
14
7%
7%-
___——
Udylite Corp
Jan
14
__1
Brewing
9%
1,575
3%
July
11c
62
(111)
Topeka & S F Ry Co
Refining Co
,
Canadian
—
Superior Tool
Copper Mining
Bethlehem
600
33
Jan
28%
5% July
100
•-
33
26% Mar
16%
San Corp
Stan
&
Feb
7%
475
13
July
60
Stocks—
Armour & Co
Atchison
Atlantic
May
.10
-
59
31%
•
Apr
3%
._2
_———
May
-10
Unlisted
4%
31%
-i
Scotten-Dillon
Feb
38%
5
1
Products
40% July
48
Juneau Gold Mng Co——
-10c
Mammonth Cons Mng—.
—1
Cardinal Gold Mng Company—,—
1
Cons. Chollar G & S Mng Co——
5
229
31 Va May
223
Black
2%
Jun
2%
21%
640
53
Mining Stocks—
Alaska
12% Aug
Aviation
4%,
——i—
200
2% 7
2%
.—
W)
(H
/
Jan
18%
100
20%
20%
a
38%
Peninsular Metal
Motors
5% May
7,920
265
39%
a9%
10
15 % July
''
•
24%
52%
9% July
Jan
6
Feb
25% July
32%
•
Corp
Steel
States
United
Aug
7
3% May
39 >/a
—25
Universal Cons Oil Co
100
Chemical
Wayne
9%
Jan
52 Va
674
Feb
Jun
7
100
2%
8
Stamping
Warner
1% Aug
lOVa
5'
S
Jan
100
1
Products——.
McClanahan Oil common
Motor Products
U
5%
Amer
/
Tivoli
Jun
Jan
17 Va
24%
52%
——^——-———50c
Transamerica Corporation
_—3
Transcon & Western Air, Inc——5
Union Oil of California common
25
12%
common..—
100
Inc
Textron
17%
—
4%
—25
12%
2
Screw
Sheller
Feb
Car
Mfg
Preferred
Reo
4%
—
1,122
LaSalle Wines
16%
4%
Feb
75c
Jan
14
320
4%
11%
52%cMay
900
60C
16%
16%"
6% pfd class A__
•
Southern Pacific Company
*
Standard Oil Co of Calif
I—1
Sunray OH Corp
So Calif Gas Co
3,360
Kinsel Drug
15% Aug
May
—
6%
—1
Jan
7
Co Ltd corn—25
£'%
-21/2
9
620
Ti
_
6%
—————
Manufacturing
Rickel
Jun
.4
200
59
8%
8%
3,322
7%
55c
—
1
1
—
Motor
Parke,
3
,
8%
8%
15%
7%
class A—
—
Hudson
Park
1%; '
59
10
Die Casting—
Hoskins
National
1,500
1%
—1
15%
lie
-_5
Lamp
Masco
100
3%
4%
4%
1
Brewing
McAleer
17%
22%
3
——
Gerity Michigan
Hall
12%
————
—
Goebel
12%-
1
General Finance common
General
12%
1
15%
*
preferred
preferred
4.48%
4%
23%
Electromaster, Inc.
37% Aug
—15
Southern Calif Edison
4.32 %
1
62%
Apr
*
Sinclair Oil Corp
20%
12%
May
6% May
4%
—
Apr
26'A
•
<
Detroit-Michigan Stove
Steel Corp___———
54
150
5
Corp
Trading
Feb
125
37%
—30
Signal Oil & Gas Co
23%
Detroit
33% May
Co
Shell Union Oil Corp
July
.20
Detroit Edison common
38 ye Mar
Jun
a56% a57%
1
.
Company
Security
Jan
24
60
7%
Jan
32%
37%
common
Stores Inc
Sears Roebuck &
.10
Cleveland Navigation.
Corp
Aeronatuical Co
Safeway
High
225
3%
23
2V4
,_5
W G Cigar
Detroit &
3%
—5
10
1
Chrysler
Low
2Va
22
23
2
1
Range Since J an nary i
High
2
1
1
Aeronautical Products
Allen Electric
American Metal Products—:
Brown-McLaren
Low
Par
Shares
of Prices
Sale Price
STOCKS—
Ryan
35 Va
25
for Week
Range.
Last
Oil
Richfield
100
37 %
•
Sales
Jun
36%
„1
Rice Ranch Oil Company
Apr
38% May
.2.50
Inc
Drug,
Jan
34%
210
a33% a33%
'
a56%
—1
Republic Petroleum Co common
Rexall
Feb
42
41%
252
40%
36%
%
Timber Co—
15%
40%
•
Corp
Lighting
Puget Sound Pulp &
Feb
13% Aug
10,425
40 %
—25
'
Pacific
Feb
2.05
810
——
pfd
1st
62 %c
Jan
1.10
14
25
1st preferred
6%
Telephone: Randolph 5530
Feb
Jan
30c
13%
40%
-25
common
5% May
1,000
1.50
Aug
9%
40%
Products
Pacific
32c
1.30
*
Pacific
Ford
32c
1.30
1
..
-
5%
240
32c
1
—
Jan
31c
-
Jun
12c
18,800
5%
1
Corp
Occidental Petroleum
14 Va
9'A May
300
30c
29c
30c
1
Nordon
f
High
Low
9%
-1
National
Range Since January l
High
9%
Par
—
27% Mar
4%
Jan
18% Feb
25% Aug
30% July
13'A
50
Feb
Feb
,
(788)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, August
25, lg47
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK
ENDING
AUGUST
22
Philadelphia Stock Exchange
Friday
Week's
Range
for Week
Sale Price
of Prices
Shares
Par
American Stores
American Tel & Tel
Baldwin
Budd
Low
_•
26%
:::ioo
Locomotive
Wks
t
v
c_.
Low
18
339
Corp
new
18
Publishing Co
Electric
Storage
General
Motors
Gimbel
13%
Battery
&
Pennsylvania
Navigation
3 % %
19%
pfd
1,246
Manufacturing
18%
10
92
116%
Co common
•
6%
24 %
45
100
28
26%
19%
46%
20%
103
Sun Oil Co
2
103
53%
17
98%
79
Jan
103
Apr
Aug
74%
*
62%
part pfd—25
common
4%
4%
1
preferred
65
4%
2,343
13%
20%
3%
260
46
46
46%
48
21%
3% Jan
843
20%
2% May
46
20%
4%
El
Jun
24 %
Sale Price
Co
Dorado
Oil
Par
Alleghany Ludlum Steel.
Jan
Columbia
Gas
Continental
&
Co
6
%
Low
Corp
Renner
48
10
11%
162
1%
400
50
19
19
1%
26%
19%
15
5
6
Supply
13%
—
150
6
278
13
Air
Brake
Elecrtic
*
new
Stores
Foods
Inc
5% July
2
1%
465
13c
4,000
%
10c
36%
93
28%
105
Edward D. Jones
Jan
Jan
20c
27% May
22% May
Jan
36% July
30% July
Salt
Co
Park
Sale Price
Brown
Shoe
common
Century Electric
Co
»
—1
Brewing
General Electric
General Motors
General
Shoe
1
common
common
(Un)
(Un)
6%
28%
20
10%
38
Machine
Hyde Park Brewing
common
Preferred
Hydraulic P Brick
common
international
Bhoe
—4
16%
36%
37
140
59
59%
105
31%
31%
75
74
22
29
30
~2%
29
•
31
—
.—4
common
St Louis
Public
-10
Cement
common
(Un)—.
common
footnotes
see
page
26%
100
60
150
20
Z
42.
16
5%
27
26%
26%
100
250
80
-50
18%
115
25
.25
25%
31
8
101
8
101
14%
io
10
18%
.100
-
16
26%
-25
Service class A_.
Securities
Investment pfd
Stix-Baer & Fuller
common
Wagner Electric
For
2%
42%
5%
—20
common
Portland
American
Jan
Jan
Apr
39% Mar
Jan
35
13% May
21% Apr
.
32
51%
May
Jan
26% May
55
Jan
24%
30
11% July
Aug
18
Feb
30
Aug
39%
Feb
52%
&
Elec
14%
52%
53 Va
80
20
135
202
12
44
Feb
,4%
Jan
Jun
Jan
May
24% May
7%
Jun
101
Aug
13% May
33
July
29
25% May
18
Feb
Feb
Jan
4% June
21
65%
36%
81
May
43%
S
Aug
July
17V4 July
1,115
97
98
55
10%
10%
22%
Oil
Corp
1st
Southern
4.48 /o
So
&
Co
285
17%
95C
1,203
49
50
17%
340
20%
21
:
Ltd
590
Jan
May
Jan
54
July
29
Feb
Apr
25%
Feb
1.35
Jan
Apr
52
14
May
15% May
July
20%
Feb
29
Jan
8 Va
8%
6,000
32
390
37
5% May
27% May
37
10
33% Mar
38% July
8% May
10% May
10%
8%
350
13
110
17%
17%
493
32%
14%
Gas
Co
64o
14%
14%
360
11
550
13%
13%
1,130
Jan
Feb
17"%
Feb
40 Va Mar
11%
13%
27c
3%
Aug
Jan
Feb
14
Jan
1.60
24
Apr
20
15
400
Feb
Jun
1.70 July
May
32
Jan
Aug
60c
Feb
11
11
226
10
Mar
12
5
12
13
Jan
10
11
Feb
13
Jan
Jun
13% July
9 % Feb
12%
12%
100
6
6 %
1,644
41
2,287
6%
25
10%
6
May
40%
40%
40%
706
36%
38 Va May
36%
340
35%
a32% a32%
57
15
34%
Jun
Jan
32
Feb
54
Apr
42%
Jan
41% Mar
38%
Feb
—
35%
Apr
62%
Feb
100
—
•
61%
•
37%
pfd—100
57
566
102% 102%
27%
27%
42
325
al03%al03%
*
3
95
Jun
162 Va 162 Va
68 Va
68%
129
10
153
Jun
147
162% Aug
65
May
a61 Va a61%
35%
74
37%
200
2,142
102%
Apr
26% July;
57
Feb
25%
Feb
105
—
_1
16%
10
74
20
432
74
Aug
18% May
93
26%
147
35%
Jan
38
Jan
.15%
220
10
20%
21%
769
19%
16%
16%
34%
17
150
July
34
47
Jan
19
24%
354
13c
14c
36,200
39%
510
a33% a33%
»
415
50
123
123
123
100
28
5
15% Aug
294
38%
•
15
Feb
25%
19
13c
Jan
26% Aug
Apr
14% May
24%
5
Feb
63% July
37% Aug
36%
34
20%
•
Feb
Jan
78
26%
15%
1
Feb
28%
36%
1
25
common
34%
Apr
12% Apr
9 % May
33c
"
Feb
1.25
32c
28
28
1,040
July
15% May
20% May
9c
May
30% May
25% May
84%
Feb
21% July
26% July
20c
Jan
40 % July
33% July
Jan
123
27% Aug
30
29%
32% July
Aug
July
Edison—
25
A——
Co
25
com.
Associated Oil
a37%
•
1
of
310
1.50
9%
12% May
31% Jan
32c
A
new
32%
1.50
11
1.50
—1*
com__
44
44
447
5
1,073
al8% al8%
al2% al2%
56'%
59
200
58%
20%
-20%
20%
780
11%
11%
12
—
•
10
—25
23%
Jun
36% July
40% Mar
35
47
Feb
21
Mar
Apr
17% Jun
9% May
51% Mar
15%
18 Va
22
3,673
10
15%
960
20
40
1,922
May
Va May
Jan
62% July
July
Jan
10
•
19%
71%
10
23
23%
18%
common
Corp common
Universal Consolidated Oil
Victor Equipment Co
common
32% 32%
a37% a37%
45
al8%
2
2
Calif
United Air Line3
Corp
U S Steel
May
May
39%
397
.
Transamerica Corp
10%
22
1,433
capital
Tide
18
10% July
200
13
10 pesos
Feb
Union Sugar
103% Mar
922
8%
—*
common
Pacific
Co
Jun
23
13
25
preferred
Oil
Jan
Feb
9Va July
1.05
8%
1
Aug
Union
35%
94
32
Co
Cal Gas Co
pfd ser
Water
6% July
Feb
1.60
common
Pulp Co
Sperry Corp
Spiegel Inc
Jan
Jan
Feb
21%
8%
100
Co
California
Southern
8
34%
1.60
pfd—
Mining
Oil
&
Soundview
Jan
28%
22%
50
—
5
and W Fine Foods
Inc.,
Inc common
Signal
Jan
2.60 July
65%
1.00
--
15
Safeway Stores
Union
49%
Aug
Jan
31%
—
common
common
27
102
July
Feb
May
1,363
•
30%
Jan
38
Jan
May
22% Apr
310
23%
*
Standard Oil Co of Cal
Mar
July
11
26
27%
23%
_25
Feb
22
41 %
'
4%
,j_l
common
7
33%
32
Aug
52 %
25
Service
Sears, Roebuck
550
32
common v
Ban Maurlcio
Jan
Feb
-10
...
Manufacturing
Roos Bros
Jan
32
Jan
19
„1
—_
Co
Petroleum
Oil
Jan
9%
871
-1
preferred
Richfield
32% Jan
108
123
23%
456
13%
Lighting Corp
Rheem
5%
'
Jan
July
92%
59 ft
10%
„1
1st preferred
1st
'
July
17% May
5
May
205
27%
.10
1st preferred—.
Republic
Shell
July
2% July
37% Jan
common
Laclede Gas common
Laclede Steel
Missouri
2%
42%
McQuay-Norris
7%
26%
25
350
59%
-100
.100
common
North
Jun
Jan
35%
.75
36%
29
5%
6%
July
16 % Mar
29 Va
71% May
5% May
55
21%
5
—.
7%
70
16%
—1
Griesedieck-Western Brewing
150
58%
1
——
6% Aug
26
970
74
IlO
Gas
Rayonler Incorp
Preferred
l
2.35
658
1
_
100
33%
30
23%
7
B—_
Plantation
dividend
Pacific Public
High
200
6%
6%
a78% a79%
62 %
23
Jan
32% May
335
•
2.35
Aug
May
May
6
1,186
40%
23%
1
Paraffine Co's com—-Phillips Petroleum Co
Puget Sound Pulp &
Timber
135
29%
40%
17%
;
$5
Low
37
16
38 Va
21%
-6.66%
Filters
Sugar
5%
Range Since January
126
59
1
American
Pacific
sot
593
*
common—
Laclede-Christy
Shares
38
29%
37
5%
A
Railway Equip Realty Co
High
32%
—5
common
467
Feb
1.65
17% May
300
39
6%
Sales
10%
—1
st.
SL
for Week
28%'
lo
Columbia Brewing
common
Falstaff
Price?
7%
22%
•
Fisheries
Pacific Coast
Aggregates
Exchange
6%
15
common
Clinton Industries
common
Coca-Cola Bottling
of
18%
38%
•
Pac Tel & Tel
common
Preferred
Low
3
Toifltvno
teletype
104
7%
6%
common
Petroleum
Utd
6%
Bell
107
18%
2.35
•
American Oil Cons
Pacific
>.
17%
63
Apr
May
May
102
14
31% Aug
Apr
25%
59
119%
—
Pacific
Co.
a
17%
100
Mining
Occidental
Phone
OEntral 7600
Exchange Associate
com
105% 105%
all8%
July
31%
Paahau
&
Stoefc Exchange
Building & Equipment
Jan
'
"•
Menasco Mfg Co common
Morrison Knudsen
5% c/o
Par
Bank
Feb
23 Va
21 %
,
Range
6%
11% May
1,833
Jan
51
Jun
21%
Magnavox Co
Marchant
Calculating
North
St., St. Louis 2, Missouri
Week's
885
32
11
*
—
1871
Last
14%
—
35%
Friday
14%
31%
—
31%
10
common
Corp
Utd Bk
Langendorf
Oliver
STOCKS—
41
5% May
a79%
Libby McNeill & Libby
Lockheed Aircraft
Corp.
Apr
St. Louis Stock
250
37
*
Feb
1
Chicago Board of Trade
34%
5%
1
Co_
42%
Apr
St. Louis Listed and
Unlisted Securities
New York Curb
5%
—
Natomas Company
J^°"Is
Chicago Stock Exch.
5%
__
20
Inc
Pineapple
Development
Leslie
Apr
»
100
.
common
Jan
5%
28%
Exchange
40
1
& Co
Kaiser-Frazer
New
Members
New York Stock
40
•
National Auto Fibres
common.
„
32%
40
2
July
32%
Established
240
29% July
29% Apr
2%
7
25
35%
'300 North 4th
a30
—10
16%
100
12c
13
10
a29%
*
Honolulu Oil Corp
capital
Hudson Motor Car Co
Jan
5%
28%.
"l2~50
Corp
19%
37%
1%
i~2c
1
50
a27%
al5% al5%
a27% a27%
56% July
—15
_
Aug
Aug
.
1,030
•
corn-
Service
26% Aug
5%
.
1
-
Linen
Bros
Holly
Hunt
Jan
59%
58%
__
5
com
Hawaiian
12% July
2% Jan
Jan
17%
13%
■
±
Hale
July
Apr
37%
common
Milling
Westinghouse
Westinghouse
12%
1% May
Jan
—
Corp common
Paint Corp common
Greyhound Corp
Feb
11
May
15%
6
13
—10
10
Co
Toy
l
48%
Jan
Apr
May
57c
—
Golden State Co Ltd
common
4% preferred
High
32% May
10% Apr
100
26%
—10
Pittsburgh Plate Glass
Pittsburgh Steel Foundry
San
1%
—10
Mackintosh-Hemphill
new
com
—
1
__
Gas
Mountain Fuel
12
11%
—
Star
10%
10
*
Follansbee Steel
Lone
10%
10%
$
Electric
Commercial
Low
37%
50 %
3,925
1
General Motors
Range Since January
High
37%
pfd.—10
486
1.65
*
Machinery Corp
General
♦
12
Arkansas Natural Gas
Clark
(D L)
Co
58%
1.55
5
—
Works
Gladding McBean
Shares
58
24%
a29%
Plantation Co
Farnsworth Television &
Radio
for Week
of Prices
955
Ewa
Sales
Range
31%
1.60
-2%
,
Mar
Pittsburgh Stock Exchange
Last
31
$
common—
„
Mar
3% Aug
May
7% Aug
May
31%
2.50
com_
Corp
105
40
—
Galland
STOCKS—
Iron
25% Feb
Jan,
790
*
Chemical
Food
Week's
2 %
900
common__l
Emporium Capwell Co
common
Eureka Corp Saps
Feb
53
92%
100
47
•
common
preferred
Foster & Kleiser
Friday
Co
Giorgio Fruit Corp A
Class B com
Doernbecher Mfg Co
Apr
Aug
405
3
7%
,
5
100
Di
Jan
Feb
20% May
47
--
Feb
60
12
3
5
Improvement
63
&
Zellerbach
July
100
•
Preferred
Dow
participating..-
Transit Investmt
Corp 6%
Corp
22 %
49
50% May
Tacony-Palmyra Bridge—
Crown
Feb
Jan
24%
28%
7%
—
2nd
May
new
common
Creameries of Amer Inc
common-
Aug
30 y8
41% Mar
45
54%
120
Jan
12
24%
3
Consolidated Chem Industries
class A_*
Consolidated Coppermines
5
Jan
36
6% May
*
common
Mining
Fuel
Apr
Apr
274
100
—
29"% July
Jan
Jan
Corp
Jan
6% Feb
752
7%
-5
Columbia Broadcast
System A_
Commonwealth Edison
Jan
27%
Jan
Colorado
July
9%
Jun
21
13
46%
46 %
23
800
Eureka
Chrysler Corp
Jan
117
July
5% July
115%
28%
51%
115
9
50
common.
preferred
Gas
Feb
Packing
4
5
30%
100
;—
California
27
25
120
Co
Feb
2,316
27%
Ink
210
^
High
2% Aug
30
30%
—*
Caterpillar Tractor Co
Jan
28%
120
3
Reading Co
$3
California
1
—
January
Low
200
7%
20
pfd
Mills
Feb
7%
110
Co
5
2.50
B
Cotton
Jan.
22%
25%
•
Cement
12
Jan
24%
Bank
24%
39%
38% May
410
5
10
Engine
Tile
Art
California
Central
5%
28%
common
preferred
A
May
18% May
17% May
1,814
46% 46%
116% 116%
5%
5%
National
Diesel
Calif
July
65% Feb
9% May
2,752
19%
Calif
Imp
2%
R^nge Since
High
2%
2%
Byron Jackson Co
Jan
56
Jan
17
401
20%
18%
46V4
100
Philco Corp common
United
V4 July
24%
Jan
51%
10
10%
19%
19%
1
Paper
23%
5%
*
ser A w i—
preference
4.4%
United
Anglo
Atlas
Shares
Low
50c
12V4 Feb
19% Aug
47
10%
10%
50
Philadelphia Electric
Class
Feb
Feb
62
Corp
Calaveras
80
60
24%
15
May
57% July
6% May
919
52%
58%
1
—
Boys
$3.40
19%
52
59%
10
RR
Pennsylvania Salt
Scott
19%
23%
Pennroad Corp
Pennsylvania Power & Light
$1
1,140
9
Mfg
for Week
of Prices
Sale Price
Alaska Juneau Gold Min Co
Brothers
Lehigh Coal
Pep
10%
52%
•
L——10
Corp
396
9%
16% May
100
60%
10%
•
Delaware Power &
Light
11%
58%
Aireon
174%
Sales
Range
Par
28% July
Feb
Jun
Exchange
Week's
Last
STOCKS—
High
May
149%
100
59%
com.—
23
1,319
11%
Curtis
Friday
Range Since January 1
High
26%
27 Va
154% 156%
156 y4
13
Co
Chrysler
San Francisco Stock
Sales
Last
STOCKS—
18%
250
19%
18% Aug
23%
19%
Apr
177
19% Aug
28%
Apr
72
273
62
71%
36
.
—
36
100
8%
8%
475
24%
8
Apr
May
24% July
78%
Feb
Jan
36
Aug
Aug
11%
Jan
Number 4623
166
Volume
COMMERCIAL
THE
27
(789)
FINANCIAL CHRONICLE
&
OTHER STOCK EXCHANGES
RANGE
Friday
Week's
East
STOCKS—
Wells
West
Indies
Sugar
common
Shares
__
__
256
27%
20
Holly
Jan
34 Va
Hobbs
Jan
330
282% May
23% July
238
Feb
37%
Jun
Honokaa
Battery
'
50
*
1
Stores com
West Pac Railroad Co com
Yellow Cab Co common..—
Dept
193/4 ig7/8
a30% a30%
13
13
__
13
388.
17% May
23%
17
32
July
39%
9
Apr
*
—1
Amer
—
& Foreign
Power
American Factors Ltd
Radiator & Std San
American
American
American
Viscose
Avco
—1
Co
Berkey & Gay Funr Co.
35
151
60
a__
May
Feb
Feb
N
28% May
49
41%
Feo
3%
Feb
10
May
36
69
May
96 %
5
Jun
25% July
4% May
430
capital
RR
Oahu
25% July
7% Feb
16% May
24%
460
7% May
16%
Feb
22
Mar
5
28
Oil
Sugar Co
Co
common
Boeing
Airplane
Borden
Co
Case
3%
__
15 "
2%
—
Hill
Sullivan—
&
Railway
Pacific
Canadian"
1
com.,
28% Aug
Pan
May
38 %
Feb
Paramount
2%
& Co
(J I)
,
215
78% May
Columbia
Elect
Gas &
Columbia-
River
Solvents
Commercial
———
L_,
Packers
i
1
Co" of N~Y—_
5
15
Natural Gas Co
Continental Oil Co Del
5% Feb
Apr
45
Feb
Pioneer
40%
Jun
Pullman
16
100
Jun
Corp
Dodge
Phelps
23
Mill
Co
,
Inc
Pure
14%
Corp of America
Radio Keith Orpheum
Feb
33%
145
42 % May
54%
;a36% a37%
all% all% ,
£0
50.
a25% a25%
91
26
Jan
39
Curtiss-Wright Corp
X-
—
10%
Apr
12
July
Mar
50
Aug
45
15
40
Jun
"25
21% May
612
"1 *
Co
————
2% May
Aug
Jan
25 %
25 % '
Silver
26% Aug
Coalition
King
__
General Electric Co
Food
General
i
;
Ltd
•
•
29%
Feb
44%
Jun
5
38%
Apr
46% Aug
24 Va
Jun
36%
Feb
Texas Company
Feb
United
Co
1
*
530
7% May
1,265
4Va May
225
\
43% May
26
21% May
115
6%
-
inc
Brands
Standard
Studebaker Corp
Aug
32% May
39%
246
39%
150
50% Aug
a3%
29
a3%
—
—
Feb
15
16%
31%
*
25
————
common
—
Co
common™.
Aircraft
a62%
1-
Petroleum
3% May
36
50
a407/a a40%
May
—
al9%
5%
44
Western
Feb
FOR
Air
Union
Sale Prile
class A
Teleg
ENDING
Shoe
_____
of Prices
Shares
com—12%
10
Aluminum
of
Co
14% May
17% May
Bell
•
&
Pap
Columbia
Class
class A—_
Forest
*
•
Products.
Corp A—
Power
Iron
Canada
Northern
5%
Power
Steamship
27
.1 •
Bronze
com
preferred
25
19
19
3%
21
3%
.
27%
27%
series
Mar
Jan
27%
10
Jun
12.
b'% May
1.05
600
90c
27%
711
26
695
19%
316
21%
1,824
3%
1,975
27%
50
2%
100
19
Jun
May
May
182% Apr
20
3%
May
Apr
25% July
2y8
Jun
30
31
326
28
May
Foreign
17%
17%
450
18
July
214
26%
Aug
17
May
Feb
Mar
—
a47%
■
41
25
see
page 42.
Jun
23
23 Va
Feb
Vtc
Feb
23 V2
Red
Smelting-_:::5
J
*
25
—
preferred—;
10%
Feb
15%
Feb
30%
Feb
40 %
Aug
40%
Aug
60
770
14
May
16% July
14
Mar
17
542
29%
Feb
Donohue
490
20
79
■«,,
26
600
200
•
95
160
28% 28%
a47% a48%
213
180
3%
4%q
25
*
Bros
—---*
17%
Jun
Jun
35
Ltd
——
78% Aug
16% May
24%
Feb
32
Jun
36 %
Jan
61
Jun
64% July
17
May
Corp
32 Va
Feb
Enamel &
Jan
3
May
%
Jan
14
Apr
18%
25c
Jun
60c
Jan
Famous
Foundation
31%
26 Va
Jan
Co
*
Canada Corp
of Canada
Range Since January t
High
Low
220
24
5
13 Va
13%
2,103
12
45
Apr
37
Jan
Aug
22%
170
173
May
15%
Feb
May
14%
Feb
89 Va
Feb
19
11 Va May
12
87%
1,216
78% May
17%
17 Va
1,585
14 Va May
15'A
50
8 Va
50
9Va
95
8% July
11%
Jan
285
13
Aug
17%
Feb
41
42
276
41
Aug
50
preferred
5 % rfo
37
Feb
17
Jun
31%
14
31
Mar
32
Jan
28
July
33
Jan
37 Va
250
36
Apr
42
Jan
12% May
18%
Feb
Jan
14%
24
125
2lVa May
26%
28
28%
125
26%
Jan
30% May
28%
28
14
189
28%
300
25%
Jan
30
May
23% July
26
Feb
95%
24
55
96
270
-92
Jan
100 % Mar
95%
106% May
65
102
July
20
20
100
20
Feb
21
25%
27%
10,350
17
Jan
27% Aug
17%
17%
50
15% May
18% July
8%
8%
25
18
16%
18%
4,995
23
23
23
250
19
20
110
110
102% 102%
110
1Q0
Ltd
Feb
4'/a
15
General Steel Wares
5%
preefrred
common
—
*.
Aug
45
Mar
5
1C6
Mar
110
May
61
12
May
14%
Feb
17%
91
16% May
19 %
Jan
Howard
59%
60
56
Apr
67%
Feb
15%
105
23
$2
39%
400
39
Aug
42 Va
45
25
40
Jan
45% July
32
32
25
30
Apr
38%
Feb
14
14%
180
11% May
16 Va
Jan
14
195
111/0
16
Jun
Paper common—
preferred *——
—
Bay Mining & Smelting—
Imperial Oil Ltd
Imperial Tobacco of Canada
6%
preferred
—
Indus Accep Corp class A
.50
*
common_5
—£1
Jan
375
17
62
109
Apr
Feb
10
110
Jan
3Va May"
Feb
26
July
500
May
19%
Jan
20% July
111 Va May
*
111 % May
5 Va
Aug
18%
Jan
Jan
635
15
50
105
Apr
103 %
Feb
July
55%
Jan
May
16 Va
Jar.
29%
Feb
Feb
Feb
53 Va
50
53
14
14
200
13
26%
27 %
51%
906
24
Jun
75
50
Apr
53%
51%
14
27
Smith
11%
Jun
45%
Hudson
Jan
15
4%
7
53%
—■W"
Tire 4% pfd inc 1927-—50
Gypsum Lime & Alabastine———
13
4Va
105
Goodyear
110
Feb
30
90
24
—
—-—
Mar
13
Anr
11
8Va Aug
31%
30
37
v———
preferred
General Bakeries
Jan
Apr
Mar
'
950
33
31%
19
com
Power
Gatineau
5%
13%
,
Jan
52 %
May
30
27%
Jan
19
292
Apr
24% July
30% Jul J
Jan
23%
Aug
7%
6% May
17% Jan
44
Feb
July
5%
3 % May
High
15%
-J
—
Players
23%
Jan
42%
Apr
Va
Heating Products
Jan
25
20 %
2% May
110
—
Electrolux
12% July
42%
Mar
63% Mar
Dryden Paper
27
Feb
34%
28%
Sales
Week's
32 Va
100
pfd
Jan
30
May
July
30 Va
86%
87
—'*
common
Paper
Feb
25
23
Jun
6
Jun
23/a
29
210
2,697
40
388
*
12
13 V4
—1
Chemical common—•
Textile
Donnacona
100
25%
4 %
a6%
23
24
Dominion
105
24%
„
150
2.870
8,315
91
35
preferred
Feb
26
17%
July
May
14%, 14%
38c
50c
4%
5%
Low
.—.—
Jan
30%
17%
Mar
28 Va
7% May
Shares
—
34
4
58
Jan
for Week
■*
Coal class B
Ltd
Stores
Dominion Tar &
191
Feb
8%
6% May
21% May
May
22 22%,
a33%
a34
23
42% Aug
11
a31 a31%
a6%
33% July
23
-
a62% a63%
al9% al9%
Feb
Jan
54 Va
715
77 Va
Jan
26%
May
Feb
30%
340
15
.
,
.
Feb
15
37% May
25%
758
70
98
»
Feb
7%
May
18
Feb
5%
120
9% May
116
a5 . 16% »\
8%
Feb
39
14%
—28
Dairies com
5%
preferred
—
Dominion Foundries & Steel
Dominion Glass com—
2
30%
14.
footnotes
Bridge
Dominion Coal 6 %
Dominion Steel &
45
A
Seagrams
Distillers
17%
Investment
Mining &
Dominion
Jun
42%
.25
class
5
172% 172 Va
Dominion
110
13
common
Alcohol
Consolidated
Jan
9
60
Class B
Jan
Range
——
Feb
26
—
*
•
20
106
of Prices
pfd—.—
Plow
Cockshutt
9%
30%
30%
<*
common
r_
Cottons
Ind
2%
100
i
Canadian
155
7%
183% 184
21
«
—
.
Celanese
Canadian
192
21
•
Canadian Car & Foundry common
For
100
11
27
*
common
Canadian
$1.75
27
7
7
27
27 % July
Jun
141
3%
24
Dominion
35
Ho
Canadian
Aug
13
Corp..
Breweries
Class A
Aug
41
21
II10
com
preferred
Canadian
40
Jan
21
_100
A____
class
Foundries
Canadian
5%
•
•
preferred
Forgings
Canada
Canada
•
Jan
•
Canada Cement common
Canada
45
32
22%
—28
Mills
Building Products
$1.30
212
36
'
*
B
Silk
880
212
184
Columbia
Bruck
40
41
1.00
•
Brazilian Trac Light & Power
British
40
11
Telephone
British
20%
39
Warrants
Pow
20
40
■
39
*
Asbestos Corp
150
37
20%
*
pfd_^.__ Lis
4%
Can
Electric Corp
Argus Corp common
Bathurst
20% May
23% Mar
703
1,905
•
Aluminium Ltd
Amalgamated
July
21% Feb
22
Feb
43% Jun
17%
21%
.
Apr
4
Sale Price
Canadian Pacific Railway
High
Low
16%
•
24
3%
Range Since January 1
High
20%
37
,
76%
—
Locomotive
Candn Oil Companies
16%
III*
Jan
22
AUGUST
Canadian
20%
-20
Algoma Steel common
21%
'
16% 16%
31%; .31%
—
STOCKS—
*
»
Sugar A__
Agnew-Surpass
Feb
15% May
Last
--20
Acadia-Atlantic
22%
"May
LISTED MARKETS
WEEK
for Week
Low
Par
—.
Feb
May
357
557
10
50c
5%
1
*
.'
Inc—
Lines
Westinghouse Electric Corp
Woolworth (F W) common
Feb
July
Sales
Range
Last
$2.50 preferred—
32%
14
33
a44
3'/a
Par
Week's
Friday
& Paper com——
24% May
18%
—
5
1
1
common——
Canadian Funds
preferred
Feb
52% Aug
60%
Montreal Stock Exchange
Power
10%
180
390
Friday
SI.50
May
10
650
—3%
1
———5
Warner Bros Pictures
Westates
—
5
;.
Corp of Del
Western
RANGE
Abitibi
Feb
7
10"%
24% >
—
25
*
Corp
*
•
X
--25
Preferred
Jun
43
30
CANADIAN
STOCKS—
22
116
5%
a5
16%
Feb
22% Mar
May
a8% a8%
11% 11%-
•
25
i
Utah-Idaho Sugar Co
39% Aug
Jun
&
United
47% July
592
a40%
Motors
Great Northern Ry non cum pfd
—
'
Jan
19%
17% May
Feb
12
•
•
2.50
12
650
270
744
27% 27%
a40% a40%
—
3% Mar
Feb
64
15
271
805
a7%
25 %
20%
7%
8
a57 a57%
a26% a26%
—
Apr
133
584
80
48% July
50% ;50%
a44% a44%
—
Tire'& Rubber common
27%
———
common..
24% May
«
39%
39%
39"%
-i-,
(B F)
Goodyear
—
•
10
Socony-Vacuum Oil ——•—:
60
' a37 V a36% a37y8 *
—*
Goodrich
Graham-Paige
__
•
'
Corp
—
—
Mar
14
Jan
94
26
26 .
a44%a45%.
—
*■;
—
,
—
Oil Corp
Sinclair
37/e
628--
-
a48% a49%
46% 46"%
a49%
•'
3
1.25 Aug
18%
—
__
•
1
Republic Steel Corp common,
Reynolds Tobacco class B__—
150
3%
3%
25 Va
•
a26%
a26V8 a26%
X—10% 10%."
1>"
5Y*
47/8
5 V«
Dominguez Oil Co
Eastman Kodak Co new common
1.25
May
50
July
40
Oil
Radio
Swift
Crucible Steel Co of Amer__
Curtis Publishing Co
Feb
32%
a44
__
20
*
—*
——
18% Mar
May
9% May
100
__
5
Feb
23c
15c
10%
23%
—
50
33 %o
25
Standard Oil Co of N J
Consolidated
Feb
26 Va
116
5
__
2.50
1
Pictures common
Bo Cal Ed
Consolidated Edison
—
100
—
Pepsi Cola Co
14% May
40
40.
a47% a477/a
a47%
•
»'
& Southern
Commonwealth
—
—*
pfd
Cement
Airways—*
American
40%
V
254
.
10
a37%
*
all%
*
__
*v
—'
Cities Service Co commor.
3%
1,510
91% Mar
all% all%
—
.
25
Chesapeake & Ohio RR
„
25%
17% Aug
Jan
a43% a43%
17% 17%.
all%
25
25
.
19% Aug
210
19 19%
26% 26%
4%
4%
•' 19%
•
Co common
Motor
Packard
1% May
al6% al6%
.
820
17%
25
20 %
—
20
—
Portland
Pacific
500
86%
3%
86%
3%
__
.—5
capital
Blair & Co Inc
Bunker
,
Feb
a7%
—
20
common
Pennsylvania RR Co
Steel
Bethlehem
49%
al7 al7%
20% 20%
al5al5%
20%
100
Co Ltd
Sugar
Ohio
Olaa
Feb
193
1
10
Aviation
Co common
American
Northern Pacific Railway cap
44% July
Jun
1.25
—
Feb
17%
Aug
95
400
20%
Jan
9% May
1,000
30
al7
5
•
*
36V*
43
20c
3%
—
Feb
Apr
43%
30
Jan
223
18
13%
28% 28%
a31% a31%
1%
1%
1%
2.80
5c
Jan
3%
30%
90
4%
Jan
423
20c
3%
a60%
Jan
Apr
2.80
a59% a60%
—
•
July
20%
19%
17%
—
*
com——
Co_
Copper
American
North
15 % Mar
a31%
250
—
—
Distillers Prod
Central
Y
North
17
__
11% 11%
a42% a42%
45% 46%
—
1
cons™
Aug
31% May
178
17%
13%
3
—
Nash-Kelvinator Corp
a
960
,,
154
800
46%
•
—
Cement
City
Aug
245
M
&
Port
Montgomery Ward &
Mountain
62 %
174%
a3
__
M
&
J
Monolith
National
a24% a25%
5%
5%
__
5%
Navigation Co
M
Feb
17
53% May
1,810
Feb
14
14
a82% a84%
14
__
5
5
1„
—
Corp
Aviation
26% May
11% May
195
6%
Jun
.
Inc
Matson
49
a3
13
100
Ohio RR common
Oil
Barnsdall
3
100
8%
4
3
a28% a29%
—
*
Loew's
5% Feb
36%
48
36%
..
a__
May
2%
80
a54% a54%
—
3.
Locomotive
Bendix
30
62% 62%
155 156%
__
—5
Corp
Baltimore &
al4% a 14%
62%
156%
5
100
Manufacturing
Baldwin
100
5
Argonaut Mining Co __
Armour & Co (111)
Atchison Topeka & Santa Fe
Atlas
3s/8
31
•
50
Mining
Copper
3
31
*
American Woolen Co com
Anaconda
a—
150
3%
30'/2
__
100
14
Corp
209
354
„
•
Refining
Smelting &
Tel & Tel Co
American
a30
3%
—
*
20
_
a29%
__
6%
Feb
4
3
—
*
*
♦
Co
Tel
new
Copper Corp
Kennecott
Reduction Co____
&
Corp
Tel
International
13 % Aug
Unlisted Securities—
Alleghany. Corp
1 %
5
Jan
1,450
3% Mar
100
6%
—
•
Mines Corp
Canada
Johns-Manville
Air
2.50
—
20
1
.
Nickel Co
International
Jan
-1
-
Co
Sugar
High
Low
High
2.50
2.50
*
—
Co
Oil
Idaho Maryland
Western
B
Co
Range Since January 1
Shares
Low
Par
High
Low
Sales
for Week
of Prices
Sale Price
STOCKS—
Range Since January l
High
333^
34
302% 302'/a
23% 23%
__
x
for Week
of Prices
Low
20
_____10o
Agricultural Co
Fargo Bank & U T
Last
•
Sale Price
Week's
Range
Friday
Sales
Range
par
Waialua
AUGUST 22
WEEK ENDING
FOR
43%'
44 %
1,130
40'A
Apr
3,329
15% July
2,473
Jan
15%
15
13%
15'/a
14%
19*Va
Jan
14%
12 Va
14%
2,275
7%
Apr
8%
Jun
50
30%
Jan
39 %
Jun
43%
7%
7%
37%
8
37 Va
Apr
(790)
THE
COMMERCIAL
&
CANADIAN
RANGE
Friday
Week's
Last
Range
of Prices
Shares
Par
Intercolonial
Coal
International
Bronze
International
Nickel
of
Canada
Petroleum
International
Power
International
Utilities
Jamaica
Public
Co
Ser
Corp
32
4,770
1,065
40
40
Ogilvie
Flour
7%
preferred
Ottawa L H & Power
100
com
Jan
Jun
38%
12 %
A
100
100
*
preferred
50
St Lawrence Flour
Mills
St
com
Sherwin
Water
&
Williams
Sicks Breweries
Vtc
—
100
Power
of
•
Press
Co—:
*
—
Power
Standard Chemical
Steel Co
^2100
*
common
Canada common—
7% preferred
United Steel
Corp
Biscuit
cpm
—100
,
Walker Gooderham &
Worts
Weston (George) com
Wilsils
13
1,050
11
Jun
14% July
160
40
Jan
46
Jun
21
Jun
48
26%
•
/"
25
"
Canadienne
Commerce
—10
-
Montreal
10
a
—10
Royal
10
1
Pwr
188
29
180
Jan
188
75
15
Feb
18
30
475
Aug
May
33
16
Jan
19%
34
Jan
39
Rands
Feb
18%
101
18%
101
?
14%
14%
43
Jun
30
104
9
920
33 %
32
170
116
3,345
28%
29
35
14%
14%
14%
14%
14%
14%
910
.
350
104
Vi
8%
104
18
125
18 %
'8
8%
77
77
79
79
80
104
16
1,160
280
105
V
9%
8%
21
July
89
21
Feb
101
24
20
Jan
101
101
1
21
4
100
Mar
102
24%
21% May
26
27
Jun
21
110
31
20 %
16"%
May«
23
892
13
Cortez
28
28
20%
20%
27
50
27%
11
..*
i
■
22
20%
22%
270
27%
27
27%
1,287
—
34
34%
450
23%
34
23
23%
1,210
22
50
SMi iaa—cs. i
i,
30
Jan
29
Feb
20 %
Aug
7%
pfd
Brand & Millen Ltd A
British American Oil
Co Ltd
British Columbia
Packers Ltd
•
cl
26
*
British Columbia
Pulp & Paper com—*
Company
Preferred
common
1
__
Shares
>.100
Co
Ltd_
Canada & Dominion
Sugar
Canada
Malting Co
1
—,
9%
25
170
1
1.70
50
Jan
Jan
Lake
Gold
Co Ltd
100
1.30 Aug
14%
95
May
13% May
Feb
6%
60
„
525
6
Gold
Mines
10
43
May
4%
4%
5
1,775
89%
91
13
125
13
Mines
♦
—
*
.
Canadian Marconi
Company
Canadian Power &
Paper Inv
5%
preferred
Canadian Vickers Ltd
com—
21%
,
*
3,
com
,
•
—100
Canadian Western
Lumber Co
_2
Claude Neon
General Advert
Ltd com-*
8%
preferred
„
common
—
Ltd
Cub
(R.
A
Mines
Gold
Mines
139
2%
For
Engineering
footnotes
see
*
Works
page
42.
Ltd
»
16
8%
64
67
Mines
Ltd——'.
Mclntyre-Porcupine
Jun
Cons
O'Brien
75c
Aug
Aug
Jun
18c
Aug
23c
20c
23c
12c
12c
12,000
5c
8%c
21c
21c
Feb
Gold
Pandora
8%c
41c
Gold
Red
Crest
Mines
Mines
Gold
Mines
2%
Jan
3%
Jan
255
135
Mar
20c
10
52
100
5
5%
775
7%
100
35c
100
17%
18%
6,842
8
25
75c
75c
1,000
5%
35%
5%
50
37
215
2%
20c
49
Apr
Aug
May
3%
Apr
6%
Feb
35c
Jan
14% May
75c
80C
Aug
Aug
4% Mar
35
Aug
36%
154
3%
Feb
Feb
Apr
Jan
Feb
40c
Jan
55
Jun
5% July
7% Feb
65c
Feb
19%
Jan
2%
Apr
)
5% July
48
Jan
Feb',
Jan
Jan
19,100
4,000
25c
14c
11c
22c
'
22c
2,000
19c
May
39c
Jun
25%c
27c
•
29c '
12c
10c
12c
1,500
10c
85c
1.03
33,800
74c
17c
19c
1.60
1,000
12c
22c
Feb
4.65
Jan
__
33c
19c 24%c
Aug
July
2.74 May
273,800
16,500
13,500
13,500
5c
__
1.20
6c
28c
July
90c
Jan
Feb
55c
May
19c
Aug
92c
5c
Apr
80c
May
May
July
93c
30c
35,100
18c
12,900
25c
11
26,600
11 %
976
Feb
1.99 May
43c
Feb
95c
Feb
11%
9.50 May
Feb
12c
12c
67
10c
May
28c
Feb
58c
58c
58c
500
58c
Aug
""'58c
Aug
4c
3%c
4c
586
2c
5%c
Mar
5%c
4%c
5%c
10,100
5c
50c
May
13c
47c
Jan
58c
12,000
33c
May
90c
Jan
2.10
2.10
2.10
6.25
5.75
6.25
200
16c
16c
2,500
14%
15
161
72c
72c
1,000
67c
Aug
9c
4,000
7%c
Jun
1.85
21,000
__
15
1
__
1
1.50
1
Ltd—
8c
__
l
1.35
2.65
5
2.54'
1.35 May
2.05
Jan
2.65
Jan
900
9%c
1.300
1.20
V
Feb
7c
May
8c
May
13%c
91c
13%c
15c
9c
9c
18c
Feb
9c
Aug
May
5c
Jun
8c
9c
Jan
8c
6%cMay
12c
Feb
34 %c
Feb
5.35
Feb
—
22c
10,500
1,300
-
25c'
3,000
20,000
3.30
—
—
1
1.98
,
j*
„
3.50
9.30
—
•
9.30
100
50c 54%c
8c
8c
4,200
__
6c
1,800
May
2.10
Jan
9.30
58c
1,794
1.95
1.98
700
1.70 May
2.80
100
2.25
2.60
2.25
2.25
500
'
8%c
9c
1,500
5c
6c
9,000
25c
48c
__
Jan
Feb
10
67%C
Apr
19c
Jan
78c
Jan
Jan
Aug
8%c Aug
4%c Aug
20c
July
14c
Feb
32c
" 49,800
20c
May
61c
52c
52c
2,000
40c
May.
75c
3.85
3.85
100
85c
90c
1,000
17c 17%c
50c
Feb
Jan
1.23
56%c
Stocks—
28c
12c
21c
27c
Aug
Aug
8c
July
50c
May
•
Homestead Consolidated Oil Co
name
changed to Consolidated
Homestead
62% Aug
6,500
—1
*
Jan
1.82 May
1.63
2.20
Mar
1,000
23c
1
4.80
1.00 Aug
56
14c
3.40
_•
Feb
95c
1
Consol Homestead
Oil Co Ltd
Gaspe Oil Ventures Ltd
V
Feb
3.55
12c
__
1
Feb
22c
1.35 Aug
2.27 July
Jun
1.28
91c
„
1
Westville Mines
16%
100
3,100
1,020
9%c
„
*
1
Jan
95c
50c
Ltd
13%
1.10
2.10
2.10
1
__
8,935
2.22 July
6.25 Aug
33%c Jan
May
62%
1.63
*
1
2.68
1.73 May
3.55 May
16c
1.10
__
1
100
Feb
62%
—
1
1
Home Oil Co Ltd
Feb
9%
Ltd——1
Vinray Malartic
Oil
1.40
25c
11%
JanJan
25c
31c33%c
27c
__
1
Upper Canada Mines
Oil
Apr
97c
,
30c
1
Gold Mines
Mines 1944 Ltd
Jan-
14c
-'I 27c
—1
Sigma Mines
Siscoe Gold Mines Ltd
Apr
2%
60c
25c
7c
Aug
Aug
May
19c
Feb
14
Feb
Janv
Aug
1
Santiago Mines
Sherrltt-Gordon Mines Ltd
Stadacona
Sullivan Cons Mines Ltd
10% July
44c
32c
16 %c
July
1
Ltd
Soma-Duvernay
26
Aug
Aug
8c
30c
1
Feb'
9c
4,200
1
Feb
65
Feb
14c
80c
1
Jan
35
Feb..
10c
Feb'
1,000
3.30
Ltd
25
11
51c
7,000
16,300
8c
45c
Ltd——
189
30
10c
57c
Jun
15c
9%c'
76c
1
Mining Co Ltd
Jan
1.75 May
1.75 May
Jun
Aug
lc
8c
_1
Rochette Gold Mines Co
Ltd
Feb
16%
5c
27 %c
500
2.93
*
Jan'
22 %c May
lc
14c
9c
Jan
44c
]
6c
lc
v
Feb
1,000
3.10
Jan
30
6c
7c
30c
21c
1,500
59,300
1
Ltd
Mar
52
6c
—
—
Mines
Gold
Pitt
23% May
May
July
Jan
Mar
15%c Aug
9%C Aug
6,000
38% 43%c
_1
Cadalllc Gold Mines Ltd
Perron Gold
5% July
94% July
13% Aug
63
3c
3,000
10%c
1
Mines
21
35c
17%
14c
1
Dredging
185
2,390
3c
12 %c
1
Feb
Feb
Apr
14%
Feb
1,600
1
Normetal Mining Corp
Ltd
Jan
20
2%
60
35
289
4,500
—1
-
Ltd—.!
660
7%
•
•
Macdonald
23
2%
53
•
Feb
188
140
53.
9c
l
22%
139
53
14c
Gold
14
20c
52
5%
_*
«
Lake
20
30
Aug
July
1
Lake Mines Ltd
25
2
27
11,700
1
Ltd
180
30
12
55
12
17c
1
15
5
27%
12
1.
Ltd
21%
1.90
Feb
27%
3%c
1
Gold
21%
8
L.)—
Aircraft Corp Ltd
David & Frere
Limitee B_.
Dominion
•
52
"
5.00
Consolidated Div Standard
Sec
Consolidated Paper
Corp Ltd
Crain
ioo
140
11
30
Preferred»
Commercial Alcohols
Ltd
290
52
2
_*
I
preferred
21%
1.90
_*
21
Aug
23
May
12% July
1
Ltd
187%
23
loo
18% Aug
Mar
12
14c 15%c
1
15
•
...
21
25
May
17
16c
1
Ltd
Mines
Gold
Pen-Rey
27/8 May
May
9% Jan
20 % Jan
13
16
20
50
3c
Ltd—1
Llngman Lake Gold Mines
Ltd
Lingside Gold Mines
Louvicourt Goldfields
Aug
3.00
Jun
60
89%
190
*
Ltd
High
27
July
18
1.
—
Hollinger Consolidated Gold
Hudson-Rand Gold Mines
Nechi
24
Mar
May
l
Lake Gold Mines
Ltd
Goldvue Mines Ltd
1
12%
12
1
Lake Shore Mines
Ltd
172
15
43c
Jan
12
—
•
—
•
Mining Co Ltd—1
Labrador Mining &
Explor Co Ltd
1
Lake Rowan
(1945) Mines Ltd
1
9% Aug
168% Apr
Apr
9% Aug
12
*
Mines Ltd
Lake
Kirkland
Range Sines January
18%
Jan
9%
24c
25
16,206
18%
Jan
30
-
,
Apr
12% May
10% Jan
50
12
42c
60
Jan
4
God's
Jan
50%
14%
12
—
May
25
1,350
41c
25
Formaque Gold Mines Ltd
28
9
14%
12
42c
Jollet-Quebec Mines Ltd
6,150
26
25%
14%
6%
21
Ltd—
Canadian Dredge & Dock
Co Ltd
Canadian Gen
Investments Ltd
Canadian Industries
common
7% preferred
7%
*
—
Found
39
July
Apr
52
Butterfly Hosiery
14%
•
Feb
Low
1.50
,
Brown
•
9
Jan
21 % Jan
112% Jan
18
Jan
for Week
170
1.55
A__*
;
9
*
22
Sales
High
9%
—100
•
of Prices
Low
—*
„
Belding-Corticelil
B
•
Jan
Mar
22
May
8%
Apr
74
Jan
19
m—a——
Range
Sale Price
Par
Steels Ltd——
Class
55
July
17
10 %
13% May
15
Aug
107% Apr
20
10
*
23
Canadian Funds
Last
16
161
-
—
Explorations
Sol
Jack
STOCKS-
225
*
Ltd—
East Sullivan Mines
17% Mar
21% Mar
25% Apr
$30,000
Week's
260
15
10
Mining
Duvay Gold
Montreal Curb Market
Friday
15%
15
—
Denison Nickel Mines
Donalda Mines Ltd
El
—
50
15%
112% 112%
30
May
65% May
22
Cournor Mining Co Ltd
Mar
Jan
75
200
21% July
18% Apr
9
10
Yellowknife Mines Ltd
1
Consol Central
Cadillac Gold Mines—1
Feb
16 %
—
Gold
Cheskirk
Jan
21
16 %
9%
9%
—
450
50
112
22
Century Mining Corp Ltd
July
July
27
Jan
71
15%
—
*
Colomac
21
12%
71
15
•
40
Brazil Gold & Diamond M
Corp
Jan
10
79
165
Feb
60
'.
Mines Ltd
Bonville
,
May
7% May
250
8%
Jan
29%
15% May
60
Beaucourt Gold Mines Ltd
Beaulieu Yellowknife Mines
Ltd
Feb
82
13%
24
—
Mining Corp'n Ltd
Mar
18% May
18 % Feb
30
29%
—
.
Manufacturing
Beatrice Red
Apr
2,150
18%
29%
—
red pfd—.100
Aubelle Mines Limited
Band-Ore Gold Mines Ltd
Base Metals
July
14% July
Mar
7% May
76
July
Arno
Jan
15
Jan
17%
60
%
Apr
Jan
50
Stores
Ltd
14%
Mining Btoeka
30% Mar
12% Mar
.70
18
18
—
25%
Jun
12%
Woods
Ashley
21% Aug
25
Feb
15% July
45% July
35
July
136
July
Jan
22
Stores
Feb
Aug
—
United Corp class B
United Fuel Inv B
pfd
Westeel Products Ltd
Windsor Hotel Ltd
Jan
Mar
106
July
21"%
104
20%
30% May
25
Thrift
Jan
104
Apr
% May
133
132
—
17
Aug
101
1,454
44
33 %
18
15
14%
42%
14% May
76.
104% 105
—
18
525
12
20%
9%
67% July
15%
25
31%
pfd—100
Industries
Sarnia Bridge
Company Ltd—
Soutbmont Invest Co Ltd
Feb
Jan
May
*
1st
Russell
July
15
Service
20
28
18%
—
—
Corp A
930
5
50
19 %
18%
•
49,500
2.94
Jan
4.75
Feb
Jun
Jan
July
Co—
Okalta
Oils
Omnitrans
Pacalta
*
Exploration
Oils
Co
_
Feb
12
—
—
12%
20%
*
Ltd
Jan
29%
*
♦
9%
Jun
May
27% May
12
__
*
11% Aug
11
90
79
28%
—
5
41
10% Aug
Apr
Apr
25
Jan
10
20%
—
29%
30
-Inspiration Mining & Dev
J-M
Consolidated Gold Mines
Atlas
10
Jan
39
Mar
Crush
40%
—
com.
Power
Jan
71
5
20
65
and Tel
Paul Service Stores Ltd
Corp of Can 6%
6% N C part 2nd
pfd
Quebec Pulp & Paper 7%
Quebec Tel & Power
Jan
12
16
27% July
—
*
Jan
10% May
3S—1949
h..
—
•
Paper
preferred
Orange
26% Aug
&
Corporation Ltd
Mount Royal Hotel Co
Ltd
Mount Royal Rice Mills
Ltd
Jan
53
Power
Refrig & Storage Ltd
1st
Heva
&
Inc
Moore
:
Heat
A
Eldona Gold Mines Ltd
Nova Scotia
Bonds—
Ltd
Minnesota & Ontario
Paper Co
'
10
Montreal Light
(Alfred)
(Can)
—
Massey-Harris Co Ltd 6%% conv
pfd_20
Melchers Distilleries Ltd
6% pfd——10
Feb
26
50% May
*
pfd
W)
Paints
Maritime Teleg
Feb
900
—
common
(Frank
Lowney Co Ltd (Walter M)
May
13%
460
—
'•
200
13
12%
•
■
11
63
—
Ltd
Banks—
11
12%
—
Electric
Limited 6%
Zellers
24
Apr
Aug
22% Aug
23
July
42
Aug
16
—
—*
preferred
Winnipeg
100
Ltd
Lambert
•
Viau
5%
27%
15
•
—25
27%
61 %
—
•
of
27 %
15
29
-
10
61%
22
Simpsons Ltd 4%% pfd—
Canada
12%
66
—
*
-
11%
50
Jan
38%
39
com—*
Canada
*
Southern
42
310
535
105
16% July
47% Jun
3,050
Feb
16
•
pfd—
common
Southam
225
13%
23%
501
45 %
%
July
14
66
—
Lawrence Paper 6%
Shawinigan
46
24
66
45%
12% Jan
*
Feb
40 %
May
45 %
85
1,550
11%
24
1,200
16%
7
82
157/8 Aug
29
16
Feb
Aug
Jan
100
10%
July
12% Mar
Feb
42
15
Feb
May
10%
30
40
55
108
280
100
Jan
4%
10%
21
*
pfd
St Lawrence
Corporation common
21%
Jan
Aug
May
May
13% May
45
July
5
49
100
16%
*
23
48%
—
*
Paper Products
Jan
7
61
8'2%
20
22%
—
•
pfd
new
2
20
82 %
100
;
48%
800
1,188
%
*
23
,
7
% May
100
Jan
34%
12
27%
7
Jan
Feb
3
May
May
2/a
21
50
class A
41% May
22% Feb
26%
red
cum
15
Va May
15.
20
Horner
Jun
135
44%
6%
pfd_l00
1
Sec
2
21
42
Inter-City Baking Company Ltd
13%
1,715
53%
2%
•
May
14% May
2% Aug
'i™'
130
Feb
215
43%
53%
--
11 %
102
2%
21 %
class A
Companies
Hendershot
Jan
16%
16
Shops Inc—1.00
Apr
20
2
-
1
High
36 %
Feb
16%
23%
13
—
4%%
21
120
14% May
1'?70
100
12 %
90
12 %
19
2%
Feb
40
188
19 A
—-5
January
Low
39%
12%
--
Ltd
Limited
Range Since
High
39%
-
Goodyear Tire & Rubber of Can
*
Lakes Paper Co Ltd new
com_*
Mtl
—
—*
Saguenay Power 4%%
21%
23
188
—•
——
Apr
16%
27%
-•
371
39%
Low
,
—
40
,
44%
*
Provincial Transport
Quebec Power
Class
14%
Shares
Great
Mar
MacLaren
—
—1
Power Corp of Canada
Price Bros & Co Ltd
common
Paper
27%
14 ^
23
+
Rolland
17%
26%
*
Powell River Co
110
H
*
Penmans Ltd common
Placer Development
Pow
Fraser
Mar
26% Mar
175
Aug
15
46
•
—
139
Feb
110
—
Page-Hersey Tubes
172
4
—
*
common
Aug
23% May
10
Foreign
14% Aug
138
125
260
15%
12%
—~—•
Mills
Jan
15%
16%
5
—
Noranda Mines Ltd
11%
35
24%
for Week
Feb
175
HO
—
——9
Niagara Wire Weaving
13%
19%
38%
•
pfd
May
17%
26%
•
common
10
225
90
—
National Breweries
<"
420
*
Drug & Chemical
National Steel Car
Corp
Fanny Farmer Candy
Fleet Mfg & Aircraft
Paper Co
Aircraft
International
.
National
Jan
'
*
Co
46
18
15%
25
Works
Feb
Mar
21%
—
-*
common
Locomotive
16%
40
17 %
—
Cottons
Preferred
Fairchild
21%
•
Montreal
Donnacona
Jan
125
24
•
.
*
—
Feb
55
Ford Motor Co of Canada
175
--
Breweries
13
14%
138
*
Mitchell (Robert)
37%
May
12% May
—
•
Oil
Jan
% May
—
f
26
Jun
600
13
Sales
Range
of Prices
Par
3
14%
Week's
Sale Price
Dominion Oilcloth & Linoleum Co Ltd.*
Dominion Woollens & Worsteds
*
Mar
Preferred
—100
.
%%
STOCKS—
28
41
—
3
,
Murphy Paint
885
53 k
—
••
Lewis Brothers
Montreal
33%
13 A
138
*
Lindsay ( C W) 6%% pfd
Molson's
23%
33
14%
100
Secord
Massey-Harris
McColl-Frontenac
225
12 /8
—
100
pfd
AUGUST
High
Jun
51 A
—
*
Lang & Sons Ltd (John A)
Laura
24/2
20
52 k
IS
com
7%
preferred
Labatt Limited (John)
Lake of the Woods
7%
100
33%
-•
Ltd
MARKETS
ENDING
Last
12 /a
IS
Ltd
—
Monday, August
25, 1947
Friday
Low
25
24
--
-*
International Paper common
WEEK
Range Since January l
High
25
--
•
common
International
Low
100
com
LISTED
FOR
CHRONICLE
Sales
(or Week
BalePric®
STOCKS—
FINANCIAL
85c
•
Ltd
•
Royalite Oil Co Ltd
*
90c
Aug
12c' Feb
2.35 July
24c
July
8c
__
8c
500
7%c
Jun
18
15c
Jun
18
10
14%
Jan
20%
Jun
Number 4623
Volume 166
THE
COMMERCIAL
&
CANADIAN
LISTED
RANGE FOR WEEK
Toronto Slock
FINANCIAL
ENDING
CHRONICLE
(791)
MARKETS
AUGUST
%%
Friday
Exchange
Week's
#
Range
for Week
of Prices
Shares
Par
Week's
Sales
Last
STOCKS—
:
v
'<•
Sale Price
•
Range
of Prices
For
'
20%
104
40 y4
41
115
16C I8%c
39
Porcupine
32
Jan
40
90c
Aug
12c
Jan
48,500
.
21
Jan
41
213
July
26
Jan
27
250
70c
75c
10,845
70c
60c
60c
2,000
60c
10c ioy2c
3,000
10c
8,200
97c
Jan
10c
1.38
1.36
1.45
9.25
9.50
1,100
60c
80c
6,700
4C
4c
48c
4c
2,000
9C
11c
48c
58c
32,500
II,000
7
7
7%
90
1.00
1.00
1,400
15 %c
17c
4,700
50c
46c
54c
25,900
—
1
Armistice
Gold
Ashdown
Hardware class A
Mining
Ashley
Gold
Astoria
Mines.
_—
Yellowkn.'fe
Atlas
Jun
9.50 Aug
1.30
Aug
Feb
13c
Feb
70c
Feb
May
90c
9%
41c
259,300
6c
55,400
8c
13 %C
12c
14c
16,700
lie
17c
17c
*
pfd
17c
*
class A
*
Central
15%
285
26%
21%
21 %
Feb
Aug
12%
Feb
lie
May
35c
Feb
22 %
Aug
16% Jan
37%
"
Jun
87c
Feb
May
18%
Feb
11% May
26% Aug
101
May
15'%
15
Feb
29
July
105
Jan
May
100
20
Mar
23
25
25
25
400
24
May
26%
1.53
1.51
1.58
13,550
1.50 May
2.20
20c
15c
20c
14,500
__
13c
July
Apr
Jan
*
Jan
26c
Gold
1
—
15c
19c
1,000
Chemical
Research
1
40c
39c
40c
300
Cheskirk
Mines
9c
11c
82,200
3.40
3.50
1,500
2.60 May
4.30 Jan
6,700
21c
Aug
61c
Jan
75c
Jan
2.20
Apr
Centremaque
i
97/8c
1
Chesterville Mines
3.40
1
Chlmo Gold Mines
Chromium
Circle
Bar
Smelt
&
Min
Knitting
35c
1.20
26
__
*
500
26
30
Yellowknife
2.70
2.85
7%
7%
50
34c
37c
4,300
30c
7cll%c
287,000
7c
Aug
Homestead
Consolidated
Mining
1,600
6%
1,000
6
51c
*
1.20
1.35
700
18
18
18
40
1
—
26c
28c
1,500
24c
July
—29c
24c
34c
120,440
24c
Aug
86
87%
1,314
Smelting
5
86%
1.10 May
17%
Jun
Feb
35c
Jan
7% Jan
Apr
1.35
Cadillac—.;
Oil
8%
Feb
6
6%
3.45 Feb
2.10 May
•
—
&
10c
•
May
5c
Jan
26
July
14%c Feb
May
34c
19,500
•
———
Bakeries
33c
May
2.85
1
Consolidated
20
67/aC
-1
—r
Central
July
6c
1
National
Consolidated
9c
25c May
79 %c Jan
May
6%c
*
—
Coniaurum Mines
30c
1
Gold
Dunlop com
Colomac
13 %c Aug
1
—
Lake
30c
1.20
*
———
Willans
Cochenour
Cochrane
,
32c
*
——
Malartic
Consolidated
Feb
Feb
Jun
1
Mines
Porcupine
23%c Jan
38c
20
100
60%cMay
1,503
25
25
101% 101%
Jan
Jun
Jun
11% May
50
13%
15%
May
1
Gold
Jan
17c
■
9
1,000
class B—.
225
1,400
26%
__
Wallpaper
Patricia
14
23
13%
101%
100
Wirebound
Central
Conduits
May
495
Jan
15%
May
•
Feb
Feb
16
69c
Jan
1.03
May
15p
Jan
30c
Mar.
12c
9%
Feb
43
30
98%
15 %
15%
133/a
Cdn
Coin
May
13
Feb
1.90
107/eC May
14c
9
67%
May
10
5
10
14
25
Corp
5
17
99
69c
•
.
Railway
Utilities
12
17
99
22%
Feb
92%
Aug
July
110
.
Canadian
Citralam
6% May
89 y4
15
9%
Feb
12c
16c
*
Pacific
Tire
12
12
—
A__*
com
1.90 July
Aug
12c
:
.1
Steel
Atlas
Mar
14%
1
...
19c
15C
1
Quebec.—t
Athona
10
—
Jun
Apr
43c
50
80
Jan
6y2c' Jan
350
89 y4
1.90
Aug
4c
89 y»
Feb
77c
8.45
22 y8
39% Aug
18
May
__
Cdn
27%
Aug
60c
55
100
•
Aug
Mar
16c
Warrants
Feb
188
—*
com
Preferred
32c
300
9.25
High
275
39%
21
—_
Cos common—
Canadian
I,190
—100
Corp
Argus
Jun
210
26%
1
*
———.1
Locomotive
Canadian Oil
Jan
40%
*
0
1
—
Aug
26c
May
•
100
Canadian Malartio
39
1
Low
60%
—
•
r
Canadian
209
—j.
A
Canadian Industrial Alcohol
Feb
1.50
27
—r
*
—
Preferred
Canadian
12c
-—.
Jun
107
12c
Class
23% Mar
Jun
400
•
Dredge
High
60
39%
25
*
Canadian Food Products common
Feb
Feb
43%
20% Aug
103%
>
70c
—
Gold
Cons Resources
1.00
12c
17 %0
21%
60
1.00
12c
20
.
Canadian
22
36 y4 July
20
1
Canadian Oil
Anglo-Huronian .1
Anglo Rouyn Mines
Apex
14% May
17 % May
1
4% pfd
Mines
Larder
Anglo
Aquarius
50
preferred
Low
60%
•
Range Since January l
High
•
100
common
American Yellowknife
Ansley
555
1,735
37
103%
*
Nepheline
American
17Va
2iy8
20 y2
—i
Aluminum of Canada
Amalgamated
Low
—
—i
—
Steel common
Ltd
Range Since January l
37
...i
Alger Gold Mines
Aluminium
Shares
40%
:
——
Agnew-Surpass
Akaitcho Yellowknife
Alberta Pacific Cons
Algoma
16%
"
—
$1.75
common—X
Celanese
Canadian
for Week
High
20%
20 y2
20
—*
v—1()0
$2.50
Preferred
16%
*
20
Abitibi Power to Paper common
$1.50 preferred
—
preferred
Acadia-Atlantic class A
Low
'
Sales
Last
Sale Price
STOCKS—
Canadian Funds
Friday
39
1.56
Jan
21
Feb
61c
Jan
Feb
34c
Aug
89% Feb
78% May
*
'Aubelle Mines Ltd
1
■
—
1
Gold
Aunor
Electric
Auto
Class
Consolidated
Bank
of
Nova
Apr
50
9%
9%
100
18c
24c
14,800
of
Toronto
4%
Jun
Mar
1,500
10c
215
25%
Jan
33
34%
270
33
Aug
36%
35
'Jun
Bear
Exploration &
'
10
—
40
Jan
7%c Jan
23c
Jun
67c
19,400
50c
91c
40
40
25
39c
38c
41c
429,400
26 %c May
7.00
7.00
100
6.75 July
182
184
633
80c
80c
I,000
20 %
20'/8
,__1
Canada—
.100
184
May
36
42
Aug
River
Bertram
&
Bevcourt
'
class
Sons
__1"
182
A
Gold
1
72c
1
22 %C
•
1
'Bidgood Kirkland Gold
Jun
54c
191
Apr
17c
25
17%
Feb
Feb
90c
12,800
60c
16c
Mar
Aug
1.35
Aug
22,600
:
Bonetal Gold
Bowes
Co
10%
27c
1
class
B
Bralorne Mines Ltd
•
Brand
& Millen
Brantford
6%c
5
Red
Lake
16c
8,000
12c
July
1.43 Feb
1.05
8,900
75c
Aug
2% Mar
10c
4,000
9%c
—
Lake Mines
30
80
11%
11%
100
1 80
1.70
1.80
2,200
1.60 May
10%c
9c
13c
21,500
8c
July
41c
42c
3,000
53
54
2,200
36c
30c
May
May
British
Feb
Feb
Dominion
Bank
Jun
Dominion
Coal
17c
Jan
Dominion
Foundry & Steel
Jan
2iya
21 Va
21%
907
20
May
5
16
16
16
13c
12 %c
15c
26%
25%
26%
12% Mar
1.25 Aug
11,500
*
9.85 May
200
1
pref—
770
102%
•
3%
42c'
u
—
15%
Dome
Mines
Columbia
Class
B
British
Packers
A__:
3%
Power
Dominion
class
1.05
3,700
C7c
May
54c
68c
99,700
44c
Aug
1.70 Jan
98c Feb
85c
23%
83c
23
86c
23%
8,600
1,855
70c
18
Aug
Jan
1.34 Jan
24
Jun
27%
15
30
27%
15
1,105
25
610
25
Apr
13% May
27
May
29% Jan
31
Dom-Scottish
Apr
Dominion
Steel
24
Jan
Dominion
Stores
3%
31
1
—
Coal
cl
13%
40%
13%
3%
41
14%
100
40%
2ft
—
B
—
50
24
Preferred
&
-
1
Investment com—
Jan
-
—————25
24
24
265
Jun
Jun
12% May
20
May
28%
23%
17
Apr
May
27
Jan
July
3% May
103
Aug
16
9
Feb
Duvay Gold
29%
Jan
East
sste—;
40
274
Feb
101-
4%
Feb
Gold
.
'•
4 Va %>'■
II,200
15o
Jan
30c
Jun
8,400
27c
Aug
48 %c
20
21
26
20
May
29%
Jan
80c
May
1.55
Feo
Apr
4.75
1.16
1.25
22,300
3,10
3.30
1,000
18 %C
—
21C
7,000
26c
20c
26c
1,000
.
.
.
1
30%
11%
11%
130
11
24%.
27
350
22
>
'
13
14
317
12
*
."!*•* i>:.
:
«■
,
1
215
14c
14c
2.58
38C t
May
May
35c
1
Bread
6,500
Jan
May
32 y4
Feb
t
3.00
12c
1.03
Jan
4,000
•
1
36c
v
11
30% July
26% May
15
Feb
May
1.62 Jan
90c Jun
1.58 Jan
231,200
64c
May
137,100
17c
72c
May
Aug
15cl9%c
16%c
—
-
55
27c33%c
73c
75c
-
*
Mines
68',000
11c July
24c
Jan
37c
9,500
26%c Mar
67c
Jan
34c
7,600
::
3™ 3™
1
?5o
24c
3.00
3.10
1,800
Mines
SdJna
Mines"!
Gold
S.5ftl£Life
Jan
Feb
17%c
Jan
Feb
73c
Feb
rtnlH
n«i
76c
43c
26%c
37c
2,442,800
80c
29%o
25
Ins
?o
23,513
78c
1
'
S82S
60c
Aug
,
J?
SS
1.36 Feb
28c May
90c
Apr
Jan
57c
13
—
13
100
12% July
May
14% Jan
2.58
„
"""Iim 1
Corp
Eureka
71 %o
.1
Mines
2.65
5,400
1.96 July
2.80 Aug
6,280
16
Aug
w* reo
90
May
15,400
20c
52
W
18%
16%
18%
=nS
Players
Famous
*
•
1W
m
100
25
1
--
«c
6=
1500
Sc May
14 14
60
k Mar
7% Jun
W'/a^Feb
Nickel
Falconbridge
——
Jun
3.50
"'Ss
2To io33,
»
Elder
'M
K
4
SStefn'sSS——:'fo
Jan
5%
515
55
2.30
1 Aug
6%
105
101^ Aug
741
Jun
16% May
23%
Jan
20
30
31%
Jun
10
24%
17%
18
30%
30%
25%
25%
45
5
40
I Apr
50
18
50
17
I Feh
18
Aug
53
54
95
52
:
62
Feb
39
Apr
36%. July
40
Jan
16%
16%
16
•; July
18
Apr
25%
—
LI. 10
com..
•
—
*
Class B
'
*
<
.
;
«•.
\
65
120
1
Canada Steamship Lines
to
Bank
Cable
of
«
j Jan
26% May
Jan
'
13%
A
Commerce
13%
10.
12% May
17
Feb
30
common.
class
80
15
72
May
87
Jan
21
May
23%
22%
Canadian Breweries
•
25
24%
25%
2,966
Canadian Canners
•
21
21
21
26%
26%
common
22
22
II ~20
1st
preferred
Convertible preferred
...10
*
L_
21
21
13%
17
17%
Apr
26% May
160
20
Jun
26
Jan
50
26
Mar
29%
Jan
20
Apr
26
13,
*
Ford
of
•
„
Francoeur
__
*
...
I. "20
17
Gold
"
11% May
15
Feb
60
17
19%
Feb
.
♦
---
50
11% Jan
1,275
902
19/a Jan
i7c
2%
,.2iy.
18c
2,800
12c
225
4 780
~~
~
SSSfJMSss:f j
^ W ar-lS
Tab
2
May
5
Feb
Feb
way
May
2.05 May
38c Feb
3.25 Jan
)%
Gillies
—
109% May
111% May
4%
4%
4%
1,125
3%^y
Jan
*1(1
8.00
6.11
4,020
5.40 May
J
Lake
Glob^OiP
"it
-*
i
General Bakeries
God's
Canadian Car common"
to Aircraft
Canada class A
812
017
~Mfg
?
2%
21 21%
12
12
Fleet
11c
4y^
4%c
"c
18.000
"c Jul?
1
57c
53%c
69c
142,725
47c Jun
J
1-22
rd
£
^9c
Feb
71c A g
Jan
90
140
21
13
22%
------i;
Ltd
Fittings
Feb
610
.
C°mm0n
May
18
38%
•
—
18
30%
,
.—20
Federal Kirkland
Apr
45
^
*.
5
Jan
'
A
——
Amphi Mines
w
2.70 July
5%<i May
7,800
102
Canada Malting
Class
-
Ltd
75c
Apr
33c
Aug
1.70
40c
5%
B
.Canadian
83c
-
Mines
15%
July
8%c
101%
.....
common
,Canada Iron Fdy
Wire
94c
Mines
Gold
———
...
DuZJsne Mining Co.——I—1
12%
; May
8c
"I.ioo
Canada Foundries A
Canada
1
Donalda
29
Apr
,
37c
.
——4
common.
preferred
Preferred
„
Jan
Feb
Mar
v
Lake
;Canada .Cement
Class
12%
28%
23%
13
r450
205
—
Woollens
Feb
50c
28
1,000
2.37
^1
2.49
—1
—
:
Red
■
—_* ■
J.
15c
24c
29%
.
Flon
,
24%
_
;
2.50
-
11%
30%-;
...
:
45
18
27
Feb
1.19
3.10
,
_*
A.
4% Feb
'
Feb
20
»
Campbell
-
20c
32c
•
...
Flin
•
18c
30c
mil
Calmont Oils
'
25% July
II—1
Mines
Calder-Bousquet
Calgary & Edmonton
Canada
165
*
Class -B
f.
1,620
32c
*
Building Products
Burlington Steel.
Burns to Co class
.Callinan
7
27%
_*
,Ruffalo Red Lake Mines
,
6%
27%
19c
—
Canadian
6%
Feb
1
I
Ankerite
—
—23%
*
Preferred—
Dominion
Didama
27%
:
3
40
Feb
32c
24
20
V
17
Jun
33 /a Jan
24
Jun
23% July
-
Aug
3,100
14%
Feb
Jun
1.Q0
10
3%
13% July
5% Jun
—
Buifadison Gold
Buffalo
*
A—,
Oil
Broulan Porcupine
Bruck Silk Mills
Buffalo
14%
*
!
—__
Columbia
British
class
85c
55c
.
62c
•
-
Pfd
14%
'
British
.
1.02
12c
15
103
3%
100
2.44 Feb
26c
Feb
*
Mining:
Ltd
44c
11
Forest
Mar
1
25
50
Elec
Jan
Mar
14
1
Red Lake
Dickenson
Discovery Yellowknife
May
5c
980
Columbia
May
28%C Jun
Aug
18
650
Columbia
British
31
10% July
1
May
50
500
12
-
29
28c
Aug
9c
30
—
30
1
Detta Red Lake
9,700
22
1.70
British American Oil
,
Mar
45
15c
75c
1
26c
28'c
13%
Mines
39% May
15c
Dominion Tar & Chemical common—*
Brewis
Jan
1.50 Jan
Feb
1.60
_
43%
Mines—
Jan
13%
Brewers & Distillers
43%
55c
.
1.00
1
Nickel
Dentson
30c
Light & Pwr com...'
Brazilian Traction
43%
Delnite Mines
14
6%c
11%
May
1
Jun
1.70
11%
Aug
69c
*
Jan
13 %
•
25c
9,200
—•
^
14c
common
class A
Cordage
2,000
A__
class
10
22
•
30c
1.05
1
34,800
6%c
*
Boycon Pershing Gold Mines
160
10%
15c 18 %c
23% Mar
•
Leather
Diversified
Blue Ribbon Corp common.;
Bobjo Mines Ltd
16% Jan
Jan
20 %
Jan
74c
70c
30
174% Jan
9.75 Mar
60c May
22%c26%c
23
25c
D'Argon Mines
Davis
Dexter Red
Berens
1.49 Feb
22
100
Class B
1
Aug
1.00
Aircraft
Mar
56c
Apr
80c
1.02
Gold
Patricia
Crowshore
152 '
3,240
1
Mines
Coal
Nest
Crow's
79
94c
com
—•
——1
Mines
Croinor Pershing
164
85c
Box
Paper
Crestaurum
159%
94c
•*
Jan
770
57,600
63c
1.
of
39%
37%
common
Quebec
Jan
Aug
Exploration
Corrugated
160
100
Gas
Consumers
Conwest
Cub
1
Yellowknife
19c
28
9%cl2%c
—
11c
Radium
Feb
26o
May
28
34%
JL.10
—
5% Aug
9% Aug
8% July
16c
10c 10 %C
Mining-
Telephone
Jun
3.90 May
;;; 27%
1
Scotia.
Metals
Bros
"
28
Base
Bell
Jan
5.20
5%
Montreal
Belleterre
Feb
76c
5%
'
'—
.—
of
Beaulleu
39c
20c
1,300
1
Bank
Beatty
8%C. Jun
40,900
32c
4.55
....
Bankfield
52,900
27c
4.35
*
A
17c
30c
4.35
0
.,2——.
com
Bagatnac Mines
Bank
12c
16c
1
1
Aumaque Gold Mines
Aug
Lake
Gold—:
91c 1.41
S°o
July
no
22c
30c
Feb
<.
(792)
THE
COMMERCIAL
&
CANADIAN
RANGE
,,
»
Friday
Week's
for Week
Shares
Eagle
Golden
Low
Gc
5c
6c
Mines
1
16c
15c
16c
1
2.15
2.13
2.24
High
4%c July
13c
Aug
Massey-Harris
July
23c
Jan
50c
Jan
3.30 Jan
Aug
74c
McColl Frontenac Oil
1,300
•
8%c
8c
10c
27,555
Manltou
Goidhawk
Mines
Porcupine
10,200
Goldvue
Mines
1
Goodfish Mining
Tire
27 %c
1
5%c
:
4,500
2.05
8c
Jan
26c
Preferred
50
31c
41,400
5c
5%c
1,000
1.00 100%
*
common
20
95
53%
65
52% July
55% Jan
11%
100
11% July
17% May
53 %
—
*
'
17c
May
Feb
43c
,
Jan
113
July
Mackay class A
Grandoro
•
Mines
11%
'
Par
Mclntyre
♦
13c
13c
3,500
16
16%
3,352
13% May
»
45
45
45 %
315
45
50
55'A
55
.55 %
420
17c
10%c May
16%
51 % May
preferred
West
Sadd
1st
McMarmac
__
Mercury
pfd__
1
_________
Gypsum, Lime & Alabastine
Halcrow
1
36c
37c
14
__
14 %
Gold
Hallnor
1414
1
July
47%
July
Jun
July
57c
Harding
Harker
Gold
Mines
May
16%
Jan
»
Mines
'
Paper
Mines.
Milton
_
Howard
Smith
Red
Lake
Gold
Paper
Hunts Ltd
Smeltin8
Preferred
Indian
Lake
Inspiration
Int 1
Metal
class
Nickel
Oil
Monarch
common.
Jack
Waite Mining
6V8C Aug
14c
Jan
32c
23,500
24 %c Aug
64c
27
27
100
25
28 %
Jan
51%
51%
100
51
Apr
32c
1,100
29
May
5C
5c
20,500
925
3,3'
,
Aeiwreti
Gola
Keno Hill
____Z
......
Kerr-Addison
...—
235
25
Apr
30
i43/4
4,462
12%
Jan
15
15y8
880
13 %
Jan
15% Mar
8
8
5
7% July
8% Mar
ioc
7i/„r
58c
ion
50c
107%
58c
115
Jan
19% July
35,000
Nordon
Apr
22
6%c Aug
Mar
Jan
24c
Jan
Townsite
Inca
1,000
Northland
North
17 %c May
22% May
Lake
Lake
Dufault
Shore
Mines
3,215
980
500
57,600
38c
m!
42c
57c
Gold
Omnitrams
Jan
Jan
47/8c
Feb
2%c July
14c
July
55c
Feb
Ontario
Orange
Red
2,000
6c
Aug
9c
Feb
Osisko
33c
July
60c
Jun
Osulake
33c
May
95c
*'
1n'_
??
25%c
16,500
20,000
"S
5
6%c Aug
25
May
May
21c
Jan
31
Mar
55c
*1
^3
8,000
40
lg%
6,390
*
12% Mar
16%
Jun
214,250
14c
46c
Jan
'
"U"
;
Mines
Jun
'
85c
Gold
57
July
1
51
1
i
•>
j
2 63
<=n
j
^
}
Consolidated
Mlnes..:::;:i
Gold
Milling
315
i
Malartlc Gold Fields
Manitoba & Eastern
Manitoba Sugar Prpf
Maple Leaf
J
,
00
Aug
9%c Jan
12,700
6c
May
200
555
29c
34c
12,300
May
13%
Jan
82c
Jan
16%
Jun
4.50
5.70
Feb
45
19%
Apr
;
7.25
3%c May
9c
8,716
2.05
19c
1.32 May
18c
July
Jun
13c
Jan
4c
May
17c
Jan
17% Aug
21%
Feb
2
4%c
Feb
14,700
510
32c
1,800
5c
6c
11,500
6
6
10
54c
60c
21,400
50c
2.12
2.21
17,080
60c
60c
Jan
4,900
820
28y«
-
,
63c
May
1.40
Jan
34c
85
Qf.
86,550
1,000
lie
57,300
1.45 May
Jan
1.32 Mar
2.40
2,000
Jun
33%
Jan
26%
Jun
31%
Jan
16c
9c
Aug
May
July
3.60
39c
28c
Feb
2'5S
2 61
14,650
jfg1, ^
2.25 July
3,000
11c
3,900
1.30 May
15% July
830
3^05 3^5 ^
7,700
Aug
2.80 May
4.85
2.25
6,500
,43c
,8°
103
12
4.700
3
3
5,000
103
10
12 Vi
74
146
30c
May
1.50 May
Jan
2% July
100
July
11% May
Martin-McNeeley
~.
see
page
—
,
x
53c
9 %c
42.
>
56c
4,000
10c 1
8,500
'
.
) M
'
50c
Preston
Z"
-ZZZZZZZZZZZZ"
East
Proprietary
Dome
Z_ZZZ___"
Mines
Purdy Mica Mines
Purity Flour Mills
;
8 %c
May
1.15
18c
Aug
2.67
Feb
1.77
Apr
34,600
40c
1,500
14c
July
21c
1,500
6c
May
19c
Jan
11,200
7c
May
24c
July
Jan
2.35 July
Jan
19
25
18
July
15
15%
245
13
11c
11c
1,000
9c
May
July
18 %c
20c
Aug
70c
24c
24c
29c
5,000
1.02
97c
1.12
24,600
81c
55c
2,900
45c
20
May
J)**
•
4
8c
7c
8%c-
9c
13e
85c
«
90c
29%
28%
1.53
•
16,000
-
9c
1,500
30
Jan
315
Jan
Feb
15c
Jun
65c
Feb
1.20
1.18 May
Feb
33%
.
27% July
5,200
Feb
2.26
Aug
84c
Feb
Feb
75c
5%c May
4
2,500
Feb
23
July
60c
Jan
1.45
1.53
—.
8c
9%c
3,800
6c
10 %c
.
—7
May
20c
Feb
9c
He
27,000
9c
23 %c
Jan
6c
Aug
July
12c
Jan
July,
57c
Jun
"
_1
■
6c
2,500
6c
43c
42 %c 43%c
7,030
42c
13c
10%c 14%c
206,200
—•
1.70
7%c Aug
Jan
29c
90c
-90c
98c
2,600
-1
2.56
2.55
2.65
7,505
3.85
3.90
30c
30c
1,500
25c
May
33c
12,000
27c
May
Jan
45c
31c
43c
-1
33c
39
-1
90c
600
July
1.31
Feb
2.30 May
3.30
Feb
3.25 May
38%
39
715
1.00
1.20
15,500
75c
1.00
1.25
1,600
71c
11%
12
235
2.15
7,560
1.08
._1
1.13
-1
'■
-1
—
2.07
_*
2.07
■'
15%
15%
8c
4.40 May
11%
12
Jun
Feb
54%
54%
67c
Manitou Mines,
Queenston Gold Mines
Quemont Mining
Milk
class
-1
_
_~~
Z ZI
„
67c
—1
1.C3
Feb
Feb
2.15 July
Feb
15% Aug
Jan
20c
Aug
11% Aug
14% May
54
July
55
4,500
60c
July
May
1.20
Jan
1.14
Jun
21%
Jan
Jan
1.02
1.08
7,872
64c
16%
2,075
13% May
8%
Regcourt
8%
Richmac
24c
23c
29c
105,600
29c
27c
30c
9,100
33
33
33
10
32 %
Jun
38
7%
8
90
6%
Apr
10% May
Gold
(1936)ZZZ
Riverside Silk class A
Robinson Little
com
Rouyn
58c
Russell
<
100
8
Merger
Oils
~
;
_Z_ZZZZZ
18c
1
ZZZZZZ
Apr
Sarnia
Gold
Mines
Bridge
Feb;-
80c
Feb
47c
"
Mar
1
•
±
Z__ Z
_ZZ
*
-J
32c
18,780
27c
Aug
43c
17,600
33c
Aug
22%
Apr
25
17%
18%
280
14%
Jan
21
24c
19c
24c
10.600
16c
July
32c
38c
18,400
32c
Aug
37c
14
14%
180
Apr
15
Aug
July
'l5d
July
23%
*
—1
Z"
;
30c
33C
18
10
w_ZZ_ZZ
j.:
>•
31c
35c
ZZI
-
35c
•
'
--
,
ZZi
\
Sannorm
July
>;
Mines
St Lawrence
Corp common
A preferred
San Antonio Gold
Mines LtdZZ
River
Aug
23c
.
Gold
Co
Industries common
Jan
8% Aug
July
Gold
July
Mar
Feb
1.60
15%
A_____
Roybar Chib Mines Ltd_
Rupinuni Mines
Feb
1.67
Quebec
Feb
Feb
8c
July
13% Mar
May
1.32 May
60
65c
39
Jan
12%
117
.40
Jan
May
9 %
500
.10
~
33%
288
8c
-1
common
Preferred
Sand
May
60c
8c
—
Ryanor Mining
14"%
6% May
Aug
95c
-1
,~"Z~
Royal Bank
Jan
106
Jan
Apr
5% July
"
~~
10c 10 %c
11%
1,500
ZZ50
14%
43%
43%
45
7c
205
U_1
4.10
4.05
4.15
895-
423
—1
7c
7c
7c
2.000
1
23 %c
22c
25c
49,8C0
12
25
•
—
12
Jan
Jan
,
Jyn
Jun
45c
,
'
14%
14%
Feb
1.03
May
.;
•
9%
Jan
32 %
May
3.25 May
.
_
Apr
10c
5c
-1
Royalitq Oil
3.95
5%
Feb
Jun
48c
"
_1
Feb
July
2.45
16c
85c
18c
15
_1
Mines_IHZZ
Jan
21 %
59c
May
19
-1
4.20 Mar
39c
7c
56c May
24c
Jan
16 %c 17 %c
•
"
11117
—ZZZZZZ'.
GoIcT__
Metals
Roxana
3.05 May
7,600
75c
Jan
0
3,645
Jan
Feb
15c
Feb
28
1 35
Jan
44c
1.80 May
46c
Jun
85c
Vtc
Quinte
k<;
30
io
100
69c
1
;
Porcupine Peninsular
Porcupine Reef Gold
May
50c
Jun
2,000
9 %c
Gold
ad——.
Pioneer Gold Mines of B
C
Rouyn
July
Aug
July
12c
1,000
55c
Mines
Powell
May
1.16
33c
2,700
River
7c
10c
Jan
29c
1
Gold
Powell
22c
4,100
Jan
7c
•
Pen-Rey Gold Mines,
Pressed
%c May
83c
1.63
•
-
—
Mines
Jan
22
July
69c
—-—'—1
•
Jan
Jan
Jan
25c
"7c
Mines
Gold
Jan
2.10
54
4%c
15c
Mines
Crow
17c
Jun
28c
85c
.
Paymaster Cons Mines
Pickle
Feb
'
Malartic
Perron
Jan
1.45 Jan
1.50
—___l
(Eastern)
Parbec
12 %c
Aug
2.15
~~
Feb
86c
1.25
42
6c
Page Hershey Tubes
Pamour Porcupine
Mines Ltd
Pandora Cadillac
6.45 Aug
2.u0 Aug
14.500
73c
1
S
—.....
•
4c
69C
com
Pacific Petroleums
26% Mar
61c
1.25
332
11?
-28
1
35c
July
8i„
I
Z~
-----—
1
^
■
July
3.40 May
Aug
Aug
13,500
165
™adnCECxpSU__°0,<I M'"eS
Madsen
Lake Gold
1H
70c
28
13!4c
Maef;e Red Lake
2,000
6
July
E',500
„
Vv
1 fin
'305
Gold
4%c
1.35
—
7V
in?
70C
23
14 %c
2.22
21c
2,000
"i'e S
1
Jan
Apr-
8,500
173^
1 65
£
/
«c
^
7c
1
1.33
1,555
91
.7^
18
-»•
,
Macassa Mines
MacDonald Mines
footnotes
9ft
29o
•
65c
July
9%c
Lake
Paramaque
3,200f
6.40
7yji
__
2,950
2-94
6.25
'
995
86c
288
ilc
Mines
™lowknife
-82c
20
S.l
1,500
515 uy$
Ig
.ZI Zl
Louvicourt Goldfields
620
<^c
1 20
Sr0CCtedaS Class A
For
13,500
May
10c
9,510
17c
3vlc
Gold
Gold
6 45
15c
1
Class B
Marcus
24%
5 10
i5c
j
Little Long Lac Gold
Mines Ltd
Magnet
24%
6.40
3
Candy
Mines, Ltd
Red
11,000
x
....
Lingman Lake Gold Mines
Lunward
21c
Z—_1
I.ebe, Ore Mines
Lexlndin
18c
*
Secord
Gold
18,824
18c
6.40
........
Lapaska Mines
Leit.ch
24c
914.
289
Lapa Cadillac Gold
Larder
18c
9 n4
.-1
Lang & Sons
Laura
24c
2 13
...
Aug
May
4c
19c
Jan
13ya
133/~
"~ll
lBn^m..n^^eL
Lamaque Gold
75c
30c
7,000
4%c
_
Exploration-
Lake
Pacifio
2.55 Mar
2,300
-1
Pacalta Oils
24c
Feb
1.82 May
31,500
29c
Jan
27c
Rr
27
25%c
Jun
Jun
5c
44%
U"
•
40c
26%
28
Jan
44c
1.58
Crush
3,450
Jan
Mar
80c
43%
——_1
Orenada Gold
Orlac
30
37c
30c
1
Mines
Steel
39,525
-
6,500
44%
Mines"
Mines
O'Leary Malartic
Omega Gold
15c
2.15
26
Jan
19%
79c
Jan
19c
2
May
Aug
4%c
40c
Norzone Rouyn
42c
July
250
27
2.00
.—1
f 1940)-
131/.
1
Mine,
2.14
pfd
13
7%c May
23%
27
Okalta Oils
1*5
1
Mining.........
23
60c
Oil
38c
•
...
23
57c
Mines
Star
O'Brien
48
28% July
Ogama-Rockland
"8c
Mav
400
Gold
Jan
2,000
14
30c
North
37%
37,100
47
Jan
*
Norseman Mines
Northern Canada
32% Aug
£
Jun
Aug
13
28c
Norpick Gold Mines
2,474
ii«
46
47
175 "
28c
—^—1
331/2
qa.'p
50
20
13%
17
*
I_
___
ZZZZ'.
Feb
Feb
46
47
13
125
Aug
3II
1-
46
May
May
17%
Mining
85c
isv'c
IZZZZ1
_
15o
28%
I_
Mines
33%
16%
Jan
14c
17%
Corp
Aug
90c
Jan
37c
100
12,500
—25c
Malartic
Mar
July
25c
15c
25c
10c 10 %c
46c
12% May
27% Aug
1.30
26
35c
74% July
15c
4%c
1,600
4
May
26% May
Gold
1,010
13
65
233
18 %c
1
33%
42C
150
4
28%
_
(John)
Labrador Mining &
Exploration
Laguerre Gold Mines
27%
Gold
* 32
;
331/4
1
Labatt
Feb
27%
—10
32%
33%
•*.
Kirkland
71%
22%
15% July
15
1
Aug
47
Noranda Mines
Normetal
27%
1
vfUinHh ?°iden Gaterklond Lake
71
Nipissing Mines
Norgold
14ya
1;
__
Jan
27%
_
—_—_-]L
Feb
16
Yellowknife
Aug
7
i4y4
t
„ZZZZZZl
...
Jun
72c
485
13%
1
Marlon
Aug
100
—20
Mines
13 %
5
16%
46
-5
Petroleum
13
1
sfc
Kelvinator
13c
May
May
11% Mar
Jun
Jan
16
common
Calumet Mines
Nib
9
18
%
.25
Bidlamaque
New
Jan
May
May
25c
Preferred
Feb
110
_!
'
45%
20%
1
Mining
Jan
110
Joliet^uebec
Kavrahd
Feb
20%
jic
Ltd
52% Mar
47
27%
"s—i'
—~I
Mines
July
4c
100% 100%
7%
15 %
~
101 %
common
New
Jan
10.50 Jan
165
-
15c
Car
3%
7.90 May
25
27%
.25
Feb
4.80 July
Jan
10
40
2%c -2Vio
Joburke
11%
.I
_
Mines
a
9.50 May
"
Apr
Jun
Aug
I.
National Drug & Chemical
pfd.
Negus
Aug
19
14 %c
40c
I I
National Breweries
Preferred
National Grocers
Apr
Feb
Feb
800
16
Long Lac
Mylamaque Mines
1,464
July
2%
Feb
62c
20c
45c
Mosher
Norbenite
13%
4%c
12%
17
4'
16 %
Aug
40c
Feb
13
8%
17
„_1
Moore Corp common
4%
preferred
Steel
Feb
1,000
,
8.50
64
94c
May
5%c
-
Peb
30% July
104 %
July
71
Porcupine
Trust
23%
5,500
44%
100
,
8.25
-
Montreal Locomotive
National
18c
Jun
7c
_1
_
Moneta
National
Jan
4.00
43%
2%
30c
8,000
17:
.100
July
May
8c
7c
44%
8 %c
32
ll%cMay
65
7%C
21% peb
Jan
47%c May
700
16%
8%
Knitting
Jan
19%
40
725
17,205
8.50
18c
8c
355
60c
13 %c 13 %c
7%c
Feb
3.75
«
;
11% Aug
2,985
25V2c
615
32%c 37%c
Wks
97c
30c
•
;
Aug
Jan
11%
—
ZZZl
Jacknlfe Gold
1.40
23 %c July
2.75
64
16%
Mining Corp
Newnorth
•
common
Feb
10%
27
»
Co
4
%
2%
Tool
335
55c
36c
Gold
New
ZZZZl
A
Feb
7c
1
_____
International Petroleum
International Uranium.
Jacola
130
100
Gold
1.40
15c
Aug
10
2,000
20
95c
3,000
13c
19%
__£1
Mining
International
3,410
71,800
—.100
__
Feb
3.95
nf
I
Imperial
1.15
9y2C
30c
"l0
Oil
*
lmnerial Tobacco of Canada
ordinary_5
Tmnprio
21 %c
May
9c
1
__________
Apr
liy8
ft
com
Apr
Aug
7c
400
—*
paid
75c
1,000
12c
*
class A
Erie
4,533
8c
1.05
—1
B
&
82c
8c
35c
pfd—_—...50
2™KOILrB.a3ZMining &
Hugn Malar tic
20%
Jan
—1
Jan
18c
May
80c
n3/4
*
Howey Gold
7c
20
1
common
16,100
Feb
12
9% May
10c
Feb
65c
9y4c May
11
1
Howard Smith Paper
Huron
Apr
54
62
Brick
National
•
_
Mines
May
225
9yaC
_5
Yellowknife
35c
9%
May
1,200
8c
♦
Mines
6
13c
28c
_«
Gold
5.50
May
10 %
.34c
•
Duuch
Oil
6,375
11%
4
1
_
mehridge Mining
Eighwood Sarcee
V'lH S»S
101
64
—1
4% Mar
May
13c
1.12
common
Hoilinger Consolidated
42c
__
1
Heva Gold
50
9c
1
—1
71/3
2
4.25
Jan
10c
4%c Jun
9%
__
81c
Lake
Hendershot
Gold
400
10
1
Mascot
Homer
1,000
5.00
40c
l
Red
&
3,000
3%c
4.95
71/3
Hasaga Mines
Headway
6c
3y2c
1
Carpets
Gold
5%c
__
*
Gold
Harncana
.
5
Jan
13
280
__
1
bridge
Rock
Hosco
102% 102%
55% Aug
31c
1,800
__
1
__.
Mines
Hamilton
Home
23%
July
."-17
*
-
•
«...
Swayze
Halliwell
Hinde
145
455
—5
Lake
Preferred
Hedley
29
27
Mills
Modern
Gunnar Gold
Hard
28%
17
1
High
26%
.100
Red
January
Low
14% May
27% Jun
26%
common.
Porcupine Mines
McKenzie
Range Since
High
16%
.20
Mid-Continent
Great
Low
17
Preferred
McWatters
11%
•
r
Great Lakes Paper new common
New
Shares
Feb
11c
4%c Jan
for Week
—
Gordon
Sales
Range
of Prices
common
Preferred
Goodyear
Week's
Last
Sale Price
STOCKS—
Range Since January 1
High
1
Arrow
Golden
Low
Mines—
i<
22
Friday
Range
of Prises
Par
Gold
ENDING AUGUST
Sales
Last
Sale Price
STOCKS—
WEEK
Monday, August 25,
MARKETS
LISTED
FOR
CHRONICLE
FINANCIAL
*
«
15% July
45
July
4.50
Jan
Feb
6c
Aug
16c
Mav
M ir
11
Aug
12% July.
13c
.
15
THE
Number 4623
"Volume 166
COMMERCIAL
CANADIAN
RANGE
FINANCIAL
&
LISTED
FOR
WEEK
ENDING
CHRONICLE
(793)'
41
MARKETS
AUGUST
22
J'
Friday
Week's
Sales
Last
Range
of Prices
Shares
Par
Shawinigan Water & Power
Winnipeg
Sheep
Creek
Brewery
A
class
Qold
Bherrltt-Gordon
__
Low
17,800
21% 21%
lE'c 21 Vic
11
11
1.07
1.07
—
60c
45c
31c
10
High
common
VtC
Sigma
Mines
Silknit
Ltd
1
43c
Jan
May
13%
Jan
Wekusko
1.00 May
1.65
3.50
19,405
2.06
Jan
5.35
Feb
14%
14
14 %
900
12%
Apr
15
14%
14%
14
185
12
__
9.00
9.00
150
—
14
15
100
30c
33c
5,000
class
Dairies
B
Class
1
Class B
.
*
West
Malartic
Mines
14% Aug
10% Feb
May
8.75 Aug
12%
Class
Feb
Weston
53c
25c
May
11% May
Feb
Wiltsey-Coghlan
(George)
Sladen
Malartic Mines
32
11
360
6%
Jun
11
27
535
24%
Jun
32%
Jan
23%
23%
23%
350
29
Jan
Winnipeg Electric
104
104
90
50c
52c
6,160
42c
Aug
39c
40c
4,500
36c
Aug
—
50 %
c
__
~
•
13% July
19% May
104
Stadacona
18
315
1.23
1.28
3,100
91c
(1944)
Mines
•
3,766
50c
8
8%
300
7
7
106
21
21
21
175
•
5%
...
Preferred
Radio
Standard
class
Stanley
Brock
class
Starratt
Olsen
A
A—
Gold
*
...
15c
2,000
7
Winchester Larder
58c.
1.43
20c
Canada
of
Co
Aug
38%
Feb
34
Aug
36
Jan
37
25
36% May
__
Jun
31
Feb
70
104% July
108
Jan
13,000
7%c May
18c
Jan
Jan
27%
27
,
27
80
104% 104%
10c
10c 12'Ac
12c
13c
3,500
10c
Ju.y
29c
is
—
18
29,200
10c
May
21c
1,197
13 %
'«
97
17
99%
10%c
12c
2,000
3.10
3.20
2,040
24c
26c
4.500
^9c
May
30c
jun
10c
12c
19,500
10c
Jau
iyc
Mar
—
1
lo%c
*
__
*_1
Mines
Girl.
Yankee
11 %c
»
Toronto Stock
5
Aug
8
5
12
Apr
60c
60c
5,750
May
May
15
15
75
77
77%
242
10c
1.98
10c
1,500
1.99
2.05
76
1.06
7c .May
Jan
270
83
Jan
Friday
1.75
5,400
Jun
2.65
Mines
1.95
1
2.00
50c
Sylvanite Gold Mines
.
26c
25c
27c
14.500
.__1
Surf Inlet Consol Gold
1.70 May
1,500
2.20
2.12
2.30
4,275
19c
31c
Mar
British
Jan
Brown
Corp
...10
:
Teck-Hughes Gold Mines
i
Thompson-Lundmark Gold Mines.
—
57/a
11%
2.75
3.85
47c
3.70
46c
3.85
1
*
__
...
1
Tip Top Tailors
Tombill
Toronto
Elevators
*
Works
Iron
Toronto
"
Co
Mortgage
class
A__.
12%
Apr
Bulolo
4.25
Jun
Canada
6,300
35c
May
60c
Feb
Gold
&
Transcontinental
Twin
1
Resources
•
—
City Rapid Transit
Canada
Vinegars
38c
14,000
22c
Aug
65c
130
10
Aug
10% Aug
Canadian Marconi
25
18
Feb
21
Canadian Vickers
18c
11%
3,000
226
10%
100
109
109
13
14c
16c
11
Canadian
Mar
30c
Jan
12
Aug
July
Feb
Canadian
69c
116%
May
Union
Mining
United
Fuel
•
2,190
9%
Class
B
United
class
preferred
.50
preferred—
25
•
Consolidated
Feb
Dominion
Feb
Dominion
Textile
For
footnotes
see
page
19%
100
16
Jan
19%
21
21%
165
20 %
Jan
23% May
94
67% May
July
Aug
13
May
15%
Jan
21
Jan
25%
F?b
1.75
Jim
3
Jan
10
14
14
•
23%
23%
235
—__.._1
1.95
2.00
1,000
30
3014
75
'2%
2%
com
...
2
Mar
36%
250
2% Aug
3%
26
Apr
Feb
37%
37%
15
•
17
18%
2,547
37% Aug
14% May
50
17
19%
Feb
"
40c
40c
43c
4,500
32c
72c
Jun
_*
33%
32%
33%
225
31
Anr
37
Feb
96
96
96
10
92
Jun
100
Mar
20
J\ily
♦
Mar
Jan
com
10%
Feb
Hayes
8c
21c
Jan
49 %
12%
185
42%
49%
6,387
10c
1,000
Oil
Jun
21c
Jan
8%
8%
415
2.21
7.25
2.40
7.45
7,630
2,737
Selections
7.25 July
14c
13c
14c
4,500
10c
22c
Feb
55%
Jan
20
2,175
15% May
5c
1,000
4%c Aug
8c
2.00
100
2.00 Aug
3.40
,
Jan
12
Aug
30
May
Southmount
Invest
Southwest
__
Feb
2.65
2.00 May
Jun
41
19%
Paper
—.—
Feb
10
7% May
2.35
20
1,905
2.00
52%.
Paper common.
Pend Oreille
7.40
5
53%
—....—
Minnesota & Ontario
12% Aug
5% July
6%c
Steel
24
51%
Feb
Apr
Petroleum
Temiskaming
Mar
14% May
25
20
20
—
5c
International
May
•
24
8% May
500
1
Mines
19%
common..
...
Paper
725
10c
8%
285
Feb
12c
12
Feb
5% July
128
90%
Bridge
1.10
1
•
-
Mines
Ltd
May
4%
89
.....
10%
30c
9%
—
__
3
4%
Paper
47
10
12c
64
...
Oil
May
58c
•
Steel
Canada
Ventures,
Vicour
A
Oils..
United
Upper
1
May
Feb
12c
9%
43
89
Western Lumber
Donnacona
Union Gas Co
80
—
Industries
8% May
10 %c May
3,700
9%
14c
Feb
62
4%
Canadian Westinghouse
12% Feb
10% Aug
108
500
64c 1
8%
__
65c
Mar
31
—5
Sugar
10 %
191/4
50
15
May
8%
1
—
Dom
Dalhousie
Towagmac Exploration
Jun
26
Jan
35c
__
15
140
Jan
July
3.20 May
10%
__
50
High
9%
27%
100
common
11%
11 %
Low
9%
27%
27%
Columbia Pulp & Paper com..*
16%c
18c
Range Since January 1
High
60
-I*
...
10%
19%
10%
*
—.
Toronto
35c
*
*
Gold
11
*
*
1
Mines
Thurbois
Tip Top Canners class A
6%
5%, Jun
5
2,610
Low
Jan
1.98 May
150
5%
11 %
♦
Preferred
Shares
_
Preferred
Taylor Pearson com
for Week
*
National
Andian
Feb
2.85
May
Range
of Prices
Par
Asbestos
Sullivan Cons
Feb
Jan
340
May
Sales
Week's
Sale Price
STOCKS—
22%c Mar
Aug
July
17c
Canadian Funds
Jan
17%
July
10c
101
May
Exchange-Curb Section
Jan
10
—
Apr
17% Mir
Jan
16%
99%
17
—100
Feb
50
__
*
1
39% Mar
Feb
23
13% May
Jan
25
25
Feb
8
400
55c
23c
75
34
Jan
9%
Apr
Ymir
5%
__
•
common
July
27
Last
Steel
Feb
Mar
50c
37
__
*
common
Gold
Yellorex
10 Ye
60c
*
Steeloy Mining
Steep Rock Iron Mines
July
14c
Feb
7% July
Jun
34
1
Wright-Hargreaves
July
78c
7
May
5% May
19
Feb
18% May
Apr
25%
__
1
Preferred
5%
10%
,
„
1
Bros
Stedman
High
4.95
26
Apr
54c
May
57c
8
__
——_
_—;
com
58c
*
—*
:__*
Paving
68c
May
17
'
Standard Chemical com
Standard
14 %c
Low
Aug
106% Mar
May
17%
1.25
'
I
14%
Wingait Gold Mines Ltd
l
Springer Sturgeon
11,600
1
12%
Co
Southam
i
27c
100
26%
1
—
25c
•
common
Mines
12%
Winora
Gold
25c
*
10%
__
100
Siscoe
110
100
A
19%
Apr
1
.
•
;
7%
»
common
Preferred
July
27
__
*
Preferred
7%
♦
Consolidated
•
A
—*
Simpson's Ltd class A
7%
1
common
Preferred
Silverwood
21% May
__
Jan
3.30
__
—1
Mines.
Miller
Silver
1,780
*
(G & W)
Waterous Ltd
11
__5
—
com
24%
*
3.45
—
^
4.20 May
24
Walker
*
.
878
24%
Jan
Western Grocers
Breweries
Sicks'
4.60
25%
Hiram
Range Since January l
High
4 50
•
May
200
Shares
Low
Waite-Amulet Mines Ltd
15 %c
240
for Week
of Prices
Par
Jan
1
Mines
Sales
Range
Sale Price
STOCKS—
64c
May
21% Aug
2,100
Week's
Last
Range Since January l
High
39c
21%
*
„
Gold
45c
—•
1
Shawney Mines
Shea's
Low
1
Ltd
Rouvn
Senator
Friday
for Week
Sale Price
STOCKS—
—,
,
/
40C
40c
40c
165
23c
Jan
42c
20C
20c
110
20c
Aug
45c
Jun
6%c May
12c
Jan
1
Mining
Apr
Jan
20c
*
*
...
i
21% July
7c
6 %C
—
4,500
V
July
„
42.
Statement of Condition of the 12 Federal
Foreign Exchange Rates
,
Pursuant to the requirements of Section 522 of the
to the Secretary
Reserve Ranks Combined
Bank certifies daily
different countries of the world. We
of the Treasury the buying rate for cable transfers in the
of dollars)
thousands
(In
Tariff Act of 1930, the Federal Reserve
""to
~
Increase ( + ) or
Decrease (—) Since
record for the week just passed:
a
FOREIGN
EXCHANGE
RATES
CERTIFIED
BY
RESERVE
BANK
TO
TREASURY UNDER TARIFF
ACT OF 1930
Assets
AUGUST
15,
1947 TO AUGUST 21,
1947, INCLUSIVE
Country
and
Monetary
Value
Unit
in
United
States
Total
gold
ctf. reserves
Argentina,
$
peso—
I
$
$
$
$
.297733*
.297733*
.
.297733*
.297733*
.297733*
.251247*
Official
Free
Aug. 21
Aug. 20
Aug. 19
Aug. 18
.251247*
.251247*
,,251247*
Brazil, cruzeiro
u
3.208953
3.208953
.022820
.022830
.022830
——
.054406
.054406
Bills
——
Bonds
loans
.921328
Czechoslovakia, koruna
1.000000
.919107
.920546
.918593
!
—
.569800*
.569800*
.569800*
.569800*
.020060
.020060
.020060
.020060
.020060
.208621
,208621
.208604
.208604
.208621
—
Denmark, krone.
1.000000
.919609
.
1.000000
.569800*
....
4.027031
4.027031
4.027031
4.028828
.008405
.Q0840G
.008407
.008407
.008407
.301704
.301704
.301704
.301717
.301704
India (British), rupee
.205821
.205817
.205810
peso
.205885
.205817
Mexico,
Netherlands, guilder
.377575
.377553
.377476
Closed
4.027031
England, pound sterling
France (Metropolitan) franc
.
.
.377508
Official
...
1.000000
1.005000
.917291
.916666
.917916
3.221833
3.221833
3.221833
3.221833
3.223333
.201580
.201594
.201594
.201594
.201580
.040297
.040291
.040282
.040301
.040301
.091324
.091324
.091324
.091324
.091324
.278250
.278228
.278221
.278257
.233628
—
.233628
.233628
.233628
.233628
4.007500
4.007500
4.007500
4.007500
Closed
i*
Norway, krone...
—
Portugal, escudo.
Spain, Peseta
Sweden, krona
:
—
Switzerland, franc
peso—
-•
.278257
►
-
Closed
Noncontrolled
•Nominal-rate.
.
23,105
—
+
46,150
—
—
2~000
—
+
67,255
+
123,381
33,187
—
21,881
+
5
57,277
+
1,529
+ 147.294
9,833
735
17,889
205,120
921,921
226,300
35,600
—1.388,941
—1,396,206
+
5~053
—
—
45,766,801
—
31,394
—
+
—
+
19
11,788
287,378
971
3,574
+ 1,177.401)
I iahilitipq
Federal Reserve notes—..-
Deposits:
S.
24,161,831
•
Member
acct.
acct.
bank—reserve
Treasurer—gen.
+
17,063
—
176,894
—
20 895
+
474,203
+
724.589
.
16.407,371
1,265,056
+
212,387
25.627*
—
49~?5ii
Foreign
Other
deposits
availability
493,59^
+
12,763*
+
18,659,228
-
...
—
—*
208,754
54,851
178,628
+
935,187
items—
2,232,407
51.437
+
364,353
incl. accrued divs.
15,518
+
1,384
+
4.223
45,068,984
+
145.638
paid in
—
193,274
(Section 7)
439,823
Surplus (Section 13b)_.—27,455
Other capital accounts
37,265
+
74
+
1.582
45,766,801
+
147,294
+
0.1 %
+
4.7%
159
+
4,022
125
+
810
liabilities
Total
-——
Capital
Surplus
Total liabilities & cap. accts.
Ratio
of
serves,
.658300*
i.
—
+
—
gold
certificate
—
+ 1,126,869
.658300*
.658300*
.658300*
.562040*
.562040*
.562040*
.562040*
.658300'
Commitments
,562040'
to
make
*Aug.
13 figures revised.
—
27
40,046
1.177,420
47.7%
bills
cor¬
indus¬
trial loans
81,463
re¬
combined—
liability
on
purchased for foreign
respondents —
9,083
+
to deposit and F. R.
liabilities
+
+
—
note
Contingent
*
Controlled
+
Capital Accounts—
'
4.007500
Union of South Africa, pound
+
127
.916250
.918750
New Zealand, pound
Uruguay,
•1.000000
1.000000
-
assets
Total
Total
1.000000
102
113,205
2,530,290
assets
Deferred
Newfoundland, dollar— "
22,337,893
premises
Other
U.
.377542
securities.
banks
banks—
and
Items
Uncollected
Bank
22.096,895
of other
notes
Other liab.,
Free
619
55 999
+
14,158,189
6,049,716
369,300
719,690
77,633
+ 2,326)788
+
securities.
foreign
from
R.
-
——»
U. S. Govt,
Total
1.000000
1.000000
peso
—
-
Notes
Canada, dollar—
Colombia,
•*
—
Total
!
loans
—
+
.054406
.054406
advances
Certificates
F.
Official
60,000
2,404,423
—
Due
Free
4,000
+
+
Acceptances purchased
U. S. Govt, securities:
.022829
.054406
Belgian, franc..
Industrial
.251247*
3.208953
Closed
3.208953
a*
and
Discounts
3.210466
.022818
Australia, pound
+
269,358
239,204
1.794
Other cash
Aug. 16
676,616
20,426,795
——-
York
Money
Aug. 15
+
R.
F.
for
fund
Redemption
Rate for Cable Transfers in New
Buying
56,000
19,750,179
notes
Noon
$
S
1
'
certificates
Gold
•
-
1946
1j47
1947
FEDERAL
Aug. 21,
Aug. 13,
Aug. 20,
give below
4,032
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, August
25, 1947
OVER-THE-COUNTER MARKETS
RANGE
FOR
WEEK
ENDING
AUGUST
22
Investing Companies
Mutual
Fund*—
Par
Aeronautical Securities.
ADIUUHUVIWB4
Affiliated
Amerex
■
Fund
Bid
Ask
„l
5.02
5.51
—
Inc.
IV*
Holding Corp
American
Business Shares
Associated Standard Oil
Fund
Blair
&
lnv
Series
Series
5%
J
1
Tr
of
Fund
6%
3%
America
Inc
'
Canadian
21.60
17.31
18.71
Mass
17.38
.
19.05
Mutual
Investors
2d Fund
Invest Fund Ino
Fund
Ltd
5.05
28.41
30.55
Chemical
1
15.05
13.91
,950
Commonwealth Invest.
Delawate
3,050
148
—
152
5.83
14.05
Dividend
Shares—
Katon
16.45
Balanced
1.47
Fund
Stock
Fund
Fidelity
Fund
1
Financial
Boston
First
Mutual
Inc.
Fund,
Trust
Fund-
Fundamental
Trust
13.63
14.94
5.77
6.65
General
41.80
44.95
5.49
5.89
•
Capital Corp——
I—1
General Investors Trust
Bank
Agricultural
shares
7.01
5.18
Building shares-
8.22
8.91
Chemical shares
6.51
7.06
9.86
10.69
5.48
5.95
shares
—
shares
Electrical Equipment—
Food shares
Fully
Administered
General
bond
—
•
shares—
shares-^-
7.42
6.38
Merchandise shares—
Petroleum
Bond shares
RR Equipment shares—
Railroad
stock
4.29
Steel shares
Tobacco
Utility
4.91
shares
4.66
5.33
'
4.26
shares—
Huron Holding
income
Putnam
2.78
5.30
Corp_^
foundation
1
fund
63c
5.76
70C
Ino
Common
10c
1.70
1.74
Incorporated investors——!
22.12
23.91
Aviation Group
shares———
Bank Group sharesInsurance Group shares
Stock and Bond
8.83
90c
1.01
Group shares.
13.44
America.—10
27.04
29.39
Management Fund Inc.l
13.67
—
***»■
Co
if
14.72
Series
Series
B-l
—
B-2.
B-3———————
Series
29.36
27.13
16.59
—1
Selected Amer Shares
C———...—..—
Street
Fund
Investment
3.43
101.47
12.06
7.02
74c
51.50
77C
20.59
6.22
7.60
18.19
9.33
10.21
18.00
K-l
19.76
Bank of the
Manhattan Co
Bank of New York
Bankers Trust
10
100
10
Brooklyn Trust
100
X7.42
Central Hanover Bank A
Trust 20
Chase National Bank
15
Chemical Bank A Trust
10
Commercial National Br.nk A
Trust Co
20
Continental Bank & Trust—10
Exchange Bank A Trust_20
Empire Trust
50
Federation Bank A Trust
Corn
41%
105
357
43%
110
2.50
6.80
•
2.56
Shares
98 %
101%
347/a
36y8
44
46
New York
55'A
571/4
Public Nat'l Bank A
Paso
First
New
Ohio
79
17
Sterling National
20
38
40
100 1,380
States
1,440
St Paul Fire A
17%
165
180
190
210
280
25
49
0
43
51
8%
18
,
80
25%
99 %
1,
1950-1948—
!!%• May 1, 1952-1950
l%a Jan. 1, 1953-1951
tv»a Feb. 1, 1965-1953
Bid
—
—
100.8
Ask
100.12
99.20
100.8
--—loss
103.8
239
2%S—.1977
100%
1967
1976
2%s
97%
100%
-
40%
42%
95
98
39%
68
Utilities
Gas
York
Lt
Cons.
10%
Maturity—
18. 1947.
U, 1947.
15, 1948
Int. Bate
—I*i%
1%*
—1%%
Bid
Ask
bO. 55
0.35 &
b0.55
0.35%
100.18
100.17
or
more
100
-1961
600
1, 1947
NOV. U 1947———DeC. 1, 1947.i—
—.
Bid
100
August 28,
September
September
September
September
Ask
100.4
October
125%
126%
1948
.0391
.0503
-.0510
.0354
.0222
.0310
.0213
—
series
10
29%
560
44
4
'
72
50
27%
114%
32
575
46
—1.51
51 •"
54
69%
33%
10
72%
36%
3%s—
100 %
101%
101%
'
1007%
Gas
Service 2%s
k__
—
102%
102%
101 %
101
102
102%
103%
99 %
1003/4
.
104
102
104%
100%
102%
101%
103%
1033/4
100%
101%
$4.20
&
Public
3.90%
53%
*
103%
100
104%
103%
104%
100
105
107
100
105%I
3.70%
pfd
&
Elec—
Service—
preferred
Pennsylvania
100
100
preferred
100
Seaboard
Tucker
102%
53%
pfd—__50
(Indiana) —
Service
3.50%
98
106%
100
Electric—
preferred
Pitney Bowes 4%%
Public
10%
53%
54%
•
Power—
England Gas
4%% preferred
Ohio
9%
♦
preferred
New
Aik
100%
52%
Power—
preferred
Monongahela
•
99%
__1
preferred
Dow Chemical
3%%
Jewel Tea 3%%
pfd
4.40%
Bid
pfd_100
$2
102%
100 %
1876
Light
$1.90
104%,
1965
Par
Elec
Container "A"
Corp "A"_._
Victor
Chemical
Whit.e
Auto
3%%
Stores
94%
1
.103%
54%
96
6
6%
4%
__l
pfd__100
5
100
H—-
6%
....
Bid
1947
4,
October
2,
9,
0.33%
b0.375
0.34%
b0.375
b0.375
1947
1947
1947
0.33%
b0.375
1947
25.
0.34%
b0.74
purchase
Bid
0.28%
b0.375
1947
at
Ask
b0.375
1947
11,
18,
Treasury Bilk
for discount
October 16, 1947
October 23, 1947
October 30, 1947—
November
0.35%
0.68%
6,
November
13,
20,
November
Ask
b0.74
0.68%
b0.75
0.70%
b0.75
1947—
0.70%
bO.75
1947.
0.70%
b0.75
1947.
0.70%
b0.75
0.72%
a Odd lot sale
(not Included in
year's range).
bBid yield price,
d Deferred
Included in year's
delivery sales.(not
range), e Ex-interest, f Flat
price, k Removed to
(not included ih
Stock Exchange,
r Cash sales
year's range)
t Ex-stock
dividend. ~ (Un) Unlisted
w i When issued,
Issue." wd When delivered,
x
,
Ex-dividend,
y
Ex-rights.
-
'
I
.0355
.0349
t%S July 1, 1948 Series
F—
t%6 July 1. 1948 Series
G
1,
28
25%
no -
19%'
.0051
.0248
t%3 Feb.
t%s July
47%.
.
fidelity & Guaranty Co..2
Connecticut
101%
Rates quoted are
.0273
t%B Jan.
1, 1948—
1, 1948
i%8 Mar. 1, 1948
t%8 Apr. 1, 1948a.tVaS June 1, 1948
69
10
10
100
Stocks—
98%
101
100%
Treasury bills-
Dollar Price 100
Plus
Bid
Ask
Certificates of Indebtedness—
t%8 Sept. 1, 1947-——.
Oct.
28
630
32ds ot a point
Maturity—
5%
26
.17%
11%
Quotations For U. S.
Treasury Notes
ona
4%
,_1C
Marlnet——12%
Birmingham
Clopay Corp
100%
101%
103%,
27/8s__1969
Telephone 2%s._1982
Public
Ask
1977
3s
-
Figures after decimal
point reprswnt
—.2
72
12
8s
5%
34%
Security Issues
41%
25
-
Other Itiue$
Panama Oanal
4%
32%
..10
Westchester Fire:
87
1976
Pub Serv 2%s
Brook 2%s__ 1976
Tenn Gas A Transm
2%s_1966
Toledo Edison Co
2%s
1977
Utah Pow A Lt 2%s
1976
245
Federal Home Loan
Banks—
1%S Apr. 15,
1948—
103.12
•
52
81
0
US FlrO—
U 8 Guarantee
37
85
Scranton-Spg
100.12
99.24
S
'
271%
104
34
Uiited States
1%B Oct
U
107
49
77
10
Travelers
*
,:28%
103
10
Standard Accident
22
84
26%
-
53
100
12%
Obligations Of Government Agencies
Fsdaral Land Bank Bonds—
78%
Security New Haven
Springfield Fire & Marine
45%
,
7%
•
Pennsylvania Electric
2%s„1976
Philadelphia El Pow 2%s_1975
Portland Gas A Coke
3%s_1976
Public Service Co.
(Colo)—
27/as 1st mtge——w
1977
52
20
Trust
7%
74%
Seaboard Surety
Ask
15%
16%
100 1,540
1,590
Title Guarantee &
Trust
United
Bid
271
Trust_17%
75
10
National Bank
21%
28%
Bid
Electric
Michigan
25
10
Fiduciary Trust
19%
15%
Firestone Tire A Rub
2%s—1972
Illinois Power Co 2%S
1976
10
Trust——>
24
6%
10
Fire
26%
10
Cudahy Packing 2%s
2.81
100
16%
(Paul)
0
10
2.86
100
44
Revere
10
Fire
7.80
100
Lawyers Trust
Manufacturers Trust Co
Morgan (J P) A Co Inc
National City Bank
12%
22%
20
.10
3.41
1
15%
13%
Recent
El
1
42
93%
B
American Airlines Ss
Arkansas Pow & Lt
shares—
Guaranty Trust
Irving Trust
Kings County Trust
2.00
—;
Reinsurance Corp
(NY)
Republic
(Texas)—
48 '
12%
0
8.14
Par
342
45
89%
Bond*—
Fulton Trust
Grace National
49%
10%
9.65
Ask
27%
22
47
B
16.66
City Banks & Trust Cos.
25%
10
10
IB
Laclede
Bid
20
10
Providence-Washington
*.0
preferred
Hartford
—10
Preferred Accident
71
52
Rutgers Fire com—15
Kentucky
Par
Indemnity Co
149
29% •
12.50
Pacific
49
5%
36%
'8
31
144
49
5%
t34
27%
Fire
30%
46
*
$5
Northeastern
Northern
Pacific
20
American
Iowa
New York
10
\
new
Amsterdam
19.46
15.49
Series 1956
—
293/4
8.32
1
Series E
6%
27%
52%
28%
68
/
Hartford Steamboller Inspect..!!
Diversified Trustee Shares—
North
A
Casualty
77
,
/ 28
—10
84%
29%
5%
22.72
9.46
17.83
Trust
Independence Trust
74
50
80%
27%
6.80
20.79
.
10
2nd
22.99
18.84
17%
..0
Hanover
-
86c
22.30
23
Great
81(5
48.50
74%
15%
12 v*
Y.
oasuaibj
New Brunswick
New Hampshire lire
New York Fire
North River.
63
21%
Globe A Republic
Globe
71%
59
53%
22%
21
B
N
National Union Fire
5%'
—10
General Reinsurance
Corp
Gibraltar Fire A Marine
Glens Falls Fire
103.53
—I
Inc—
35
I
of MA
Fireman'8 Fd of San Fran
Firemen's of Newark_o
Franklin Fire
28.54
1
Fund..
Whitehall
3.12
i
Investing Corp
Welllngtoi
11.56
6.41
Unlcn Common Stock Fund
B—„
Union Preferred 8tr>ck
Fund—
57%
32
10
Fire Assn of Phil a
16.34
26.54
1
Utilities .—
10c
State Street Investment
Corp—
Trusteed Industry Shares
2Bc
Union Bond Fund series
A
Series B
55%
5
5
12%
51%
10
(Detroit)—10
National Fire
National Liberty
Phoenix
Federal
Fidelity A Deposit
8.55
11.15
2%
Standard
World
5.82
8.00
15.20
—1
Sovereign Investors
Wall
•
National
18
37
11%
4
Fire
28%
10
Employees Group
Employers Reinsurance
20
—U
Republic IhveRt Fund
Amer Trust
Series 1955
B-4
Series
28.02
24.77
.
6.81
Mfrs
16
—10
8.59
15.00
&
26%
New
Crum A Forater Inc
Unit Type Trusts—
Keystone Oustr-Man Funds—
Series
11.06
Merch
26%
93%
34
1
.
Merchant Fire Assur
10
20
20
Y
Massacnusetts Bonding
20
2%
N
Ask
24%
90
preferred
10
City of New York
Connecticut General Life
Continental Casualty^—
11.38:
5.31
>n
22
Bid
|
10
common
20%
Boston
8.93
of
preferred
Convertible
121/4
10
Prior
17%
10%
18%
Camden Fire
10.18
10.55
Fund
13.98
Investment
Invest
8.05
81c
91c
8.15
7.30
Trading-
16%
2%
12.24
10.38
.
A
(Geo)
Series
Ltd—
11.96
12%
Casualty.!
Automobile
12.79
33%
11%
B
21%
31%
Baltimore American
Bankers A Shipper!
11.65
6.21
——
Securities
,
10.09
—
institutional
10.91
-
Russell Berg Fund Inc
Scudder, Stevens A Clark
Fund, Inc—.
———•
4.63
10.86
7.80
Petroleum
5.66
4.70
7.86
11.17
—
Tobacco
8.65
2.55
—
7.23
9.29
-
19%
American of Newark
American Re-Insurance
American Reserve
American Surety
10.75
11.67
Railroad equipment—
7.71
4.32
shares
16.09
7.84
7.11
Railroad
Casualty.
American Equitable
American Fidelity A
13.69
5.21
—-
shares
Automobile
American
5.67
Alliance
9.65
Railroad
6.92
7.98
Mining shares
3.62
10.98
Metals
7.81
—
Price Shares
American
11.27
stock
Oils
10.16
7.20
Low
4.16
8.81
Public Utility
7.64
9.68
Investing
Jersey Insurance
Maryland Casualty
9.91
Machinery
8.48
7.04
Agricultural
American
7.17
Merchandising
8.05
7.42
-*
Industrial Machinery sharesInstitutional bond shares
7.36
6.60
equipment——
7%
20
Far
—
Insur Co of North
America
4.12
10.28
Insurance
,
Home
Insurance
Lue
8.34
9.81
Diversified Industry—.*——
Electrical
27%
61%
60
Hartford—
6
15.00
Corporate bond series
Diversified Investment Pund—
Diversified preferred stock—
6.73
Aviation
Aetna
Aetna
'
stock
1C0
...
&
;
Preferred
Aetna Casual A
Surety.
5.04
Stocks Ido—
Chemical
7.60
6.20
4.77
Automobile
36%
_
Haven
5.11
Building supply
Group Securities-
New
Insurance Companies
6.84
6.69
England Fund—-—
2
A
Y
Common
3.65
Agriculture
Automobile
Aviation
5.95
N
34
26
3.24
York
2
shares
4.56
6.12
series
New
5.36
68 %
Hartford-
_.
Ask
»
nreferrnd
3.75
New
34%
&
*>"*
7.56
2.07
31%
I
Investors Inc.
Fundamental
series
25.82
1.90
—10
Corp
Stock
Haven
4%s
81%
.
7.74
common
16.12
23.99
New
10.86
Preferred stock scries
Selected series
Speculative seriew
26.27
15.07
•
Industrial
First
24.57
1
Inc
1.61
Common
80
Bid
Rock Island A
Pacific—
15.36
Industrial «fctock series.
Low priced bond series.
Low priced stock
Howard-
A
Y
15.04
10.05
—1
2019
103
12.25
series
Income
6.34
15.21
Fund
Bond
4%S-
—
Chicago
101%
27.68
11.33
,
Issued)
Stocks
8.43
25.60
National Security Series—
Fund
Preferred
Balanced
If
,
49.47
14.01
National Investors
Corp
and
as
Ask
67
N
Income
7.04
3.90
*
iueotn*
4.84
7.69
10
Securities—
shares
1
-199!
5.84
48.48
1
Century Shares Trust
,
4.37
Nation-Wide
lnv
12.75
5.26
Bid
ist 4s
102.68
Fund—10
102.18
19.98
1
15.42
11.60
—
Chicago Rock Island A Pacific¬
29.37*
14.03
Manhattan Bond Fund Inc—
Common
10c
Mass Investors Trust
1
4%
98.09
Broad Street Invest Co Inc
Bullock Fund Ltd
26.79
Knickerbocker Fund
Loomis Sayles Mutual
Fund—•
Loomis Sayles Second
(When,
Bend*
S-4.
16.79
23.11
-
S-8.
8.09
15.45
B
Co
Boston
9 %
7.48
Ask
21.04
(Cont.)
K-A.
8%
—
Beneficial Corp
Bond
4.34
Reorganization Rails
Bid
Series 8-1—
Series S-2.
32%
3.96
shares-
Series
4.76
30%
1
Axe-Houghton Fund Inc
Axe-Houghton
4.35
*0
Par
Keystona Custodian Funds
.0316
.0191
.0311
.0101
.0253
.0117
.0285
.0122
.0291
.0148
.0247
•No
dividend.
par
value/
tin
default.
tThese^ bonds;
are-
subject
to
all
Federal taxes.
fiEx-liquidating
•
THE
Number 4623
166
Volume
COMMERCIAL
&
FINANCIAL
CHRONICLE
(795)
43
Week Ended Aug. 16
1947
the course of bank clearings
t
Third Federal Reserve
clearings this week Will show an increase compared with
Bank
year
a
Pennsylvania—Altoona
Preliminary figures
mary
follows:
for the week
$6,352,518,984
Chicago
544,928,624
487,325,341
Philadelphia
310,000.000
615,000,000
Boston
402,461,444
390,648,248
+
Kansas City
265-883,274
219,464,881
254,400,000
St. Louis_
1,168,712
—
Scranton
788,000,000
2,693,859
224,311,000
+ 13.4
205,474,622
+ 38.4
196,101,486
141,668,123
five days
59,488,463,630
$9,133,121,174
days
2.293,334,110
1,941,589,630
1,550,988
1,930,967
+ 28.2
1,721,219
3,835,764
+ 41.8
6,308,372
5,847,300
1.9
460,925,055
809,380,948
+
MM*..*.*.*..
614,986,338
3,557,616
8.0
4,743,176
6,451,206
+
146,331,450
+
7.3
88,267,064
110,524,720
280,528,412
+
6.1
174,377,781
14,573,200
225,270,083
26,998,400
3,445,154
5 574 474
5,843,027
260,225^703
247,928,739
758,398,805
+11.6
24,192,800
3,982,558
714,720,788
+
Total
.
+ 15.6
17,711,500
2,467,419
2.9
1,805,694
3,307,428
4,467,905
+
5.0
176,692,323
251,247,830
+
6.1
462,581,166
616,432,633
+
2.1
—
$11,781,797,740
835,780,380
$12,208,333,971
-
$11,074,710,804
426,536,231
2,646,203
11,001,000
107,523,644
-
$11,910,491,184
+
6.4
2,964,232
+
District
2.5
of
Total
for the week covered, by the foregoing will appear
the Saturday figures are not
District by 6.1% and in the Minneapolis
12.9%. In the Kansas City Reserve District there is an increase
Dallas Reserve District of 13.7% and in the San Francisco Reserve
62,052,016
383,635,276
Reserve
370,988,909
In the
OF
SUMMARY
r.
.
..
Week Ended Aug. 16
$
$
473,717,937
12 cities
York
New
—-
462,077,432
4th
Cleveland
7
5th
Richmond
6
10
Atlanta
Chicago
6,423,169,138
12
•«
11
Philadelphia
17
,
Louis
—.—
1946
4
6,875,192,507
809,380,948
824,505,284
10,946,574
12,562,214
27,869,457
142,700,000
3,415,519
+
4.0
2,267,113
35,686,349
156,100,000
2,263,016
2,996,215
63,131,130
+
3.5
71.485,376
+ 10.8
2,129,490
43,128,911
47,417,500
3,924,752
101,829,472
541,917,630
Seventh
Federal
Michigan—Ann
Reserve
District—Chicago—
Wayne
4,958,021
12,428,199
51,527,400
Bend
Haute
i.
Moines
Sioux City
5,247,130
3,596,529
2,602,077
4,329,4,0
23,271,000
2,949,504
28,959,000
+
1.8
+
8.5
+
4.4
+ 10.5
+ 22.9
+ 34.2
456,880
7.6
405,911,602
2,769,281
2,830,926
10,445,308
4,039,446
3,235,495
2,584,304
886,481,609
815,866,082
+
10,230,341
7.5
+
+
-
5,658,150
3,290,667
3,866,509
9,611,033
34,318,660
2,187,338
12,431,015
6,440,585
492,914
506,830,157
1,347,972
1,583,644
+ 23.6
5,487,483
+ 21.4
2,044,460
2.2
—
+ 25.2
1,615,851
6,094,763
2,255,674
1,945,745
8.7
509,592,315
630,425,748
+
1944
$
-'
Kentucky—Louisville
99,912,022
96,396,390
+
3.6
57,495,078
71,322,832
460,925,055
614,986,338
Tennessee—Memphis
67,460,933
65,196,231
+
3.5
Illinois—Quincy
1,960,895
1,173,635
+
67.1
39,536,651
919,076
462,581,106
616,432,633
33,628,793
977,732
403,733,850
380,566,256
242,101,603
294,378,559
+ 18.0
4,070,817
+ 11.4
128,177,340
39,205,227
667,139
5,103,628
139,647,523
44,466,765
3,025,589
1,847,136
1.9
+
Eighth Federal Reserve District—St. Louis—
758,398,805
714,720,783
+
6.1
383,635,276
370,988,909
+
3.4
236,508,700
268,259,894
it
541,917,630
517,920,730
+
4.6
351,392,860
217,800,000
234,400,000
Louis
Missouri—St.
<<
7.6
+
150,000,000
182,600,000
401,627,934
630,425,748
it
-v
;f
<i
886,481,609
815,866,082
+
8.7
509,592,315
<n
403,733.850
380,566,256
+
6.1
242,101,603
294,378,559
180,015,811
199,319,510
265,255,467
309,833,407
386,209,834
+ 26.2
258,075,334
227,030,145
+
13.7
124,674,147
148,013,873
686,963,952
it
Total
626,697,567
+
9.6
428,987,163
452,200,471
12,486.226,762
12,504,143,198
5,855,226,633
(4 cities)
Ninth
Federal
Reserve
Paul
North
6,763,499
3,403,523
3,166,903
8,378,184
Dakota—Fargo
Dakota—Aberdeen
Montana—Billings
-112 cities
Outside New York City
add our detailed
—
+
0.1
7,604,094,231
9,125,241,329
7.8
3,764,203,293
4,455,282,750
statement showing the figures for
16 for four years:
each city for the
1947
$
358,310,975
Tenth Federal Reserve District—Kansas
1946
$
Hastings
Inc. or
1944
1945
Dec. %
$
t
Lincoln
7,171,450
121,051,684
-
Omaha
—-
7,498,885
Kansas—Topeka
District—Bo
1,597,484
Maine—Bangor
1,496,886
705,217
712,164
+ 23.9
+
6.7
2,521,895
3,075,058
1.6
334,781,391
307,341,501
3.9
991,457
967,958
605,899
720,509
—15.9
344,693
846,926
1,773,660
2,059,067
—13.9
1,082,367
River
Lowell
Bedford
Springfield
5,874,797
+ 18.2
3,079,694
+
388,631,384
1,701,442
+
—
8.6
4,818.805
5,739,978
Island—Providence
3.0
12,264,700
+ 17.1
534,787
799,121
Total i(12 cities).
373,939,328
-
Colorado—Colorado Springs
Pueblo
Total
487,316,972
:
(10 cities)
Federal
Reserve
4,224,732
3,774,767
+12.9
180,015,811
199,319,510
1,454,102
189,425
290,384
+ 63.2
212,118
485,975
+ 35.7
407,994
287,567
5,651,742
+ 26.9
4,036,681
3,853,748
92,969,465
5,343,457
8,335,808
261,200,123
+ 30.2
60,366,233
+ 40.3
80,263,478
3,060,295
+ 28.6
2,156,655
6,149,780
+ 24.1
184,323,835
8,439,495
+ 38.6
1,806,359
+ 17.0
5,621,522
1,037,848
1,687,026
+
9.1
942,801
6,917,645
207,306,786
5,865,877
386,209,834
+26.2
22,19*5,800
21,548,400
1,187,411
1,014,319
462,077,432
+ ,2.5
+ 26.0
—
+
6,873,975
Dallas
14,668,400
Wichita
979,551
309,833,407
7.2
2,361,198
2,390,949
+ 12.6
99,434,000
13,779,989
120,400,000
15,403,197
2,687,000
1,483,299
4,928,661
3,289,000
1,280,081
5.5
+13.7
124,674,147
148,013,873
+
—
_
(6 cities)
22,116,617
+
22.4
4,109,000
+
31.7
2,320,428
+ 29.9
7,547,550
+
258,075,334
—-
Falls
Louisiana—Shreveport
Total
184,527,000
7,963,130
Fort Worth
Galveston
6,409,550
207,738,000
27,071,907
5,413,439
3,014,883
Texas—Austin
'
265,255,467
1,109,035
District—Dallas-
354,219,333
8,972,990
473,717,937
Haven
Hampshire—Manchester.
+ 10.3
2,383,307
12,626,606
4,593,427
20,892,505
8,204,949
Connecticut—Hartford
324,088,584
11,697,570
2,113,376
1,840,928
City
St. Joseph
Eleventh
2,533,144
10,281,178
7.3
4,953,662
26,314,511
i
Missouri—Kansas
1,942,384
1,728,172
7,597,073
+ 27.8
3,679,013
4,571,700
394,827,036
1,635,304
-
10,721,040
—
+ 19.5
+ 16.5
317,492,000
v
5,658,622
2,662,951
2,718,314
-
1,379,301
6,944,683
3,477,538
Massachusetts—Boston
Wichita
+ 16.1
City-
473,867
659,588
Nebraska—Fremont
Week Ended Aug. 16
Clearings at—
Helena
Total (7 cities)
\
5,425,227
223,597,362
69,832,451
6,399,354
249,152,156
81,047,356
Minneapolis
South
6.1
+
District—Minneapolis-
Minnesota—Duluth
St.
6,311,189,057
6
10
Worcester
5,018,759
+ 30.5
4,835,543,629
487,316,972
First Federal Reserve
603,868
+ 22.1
10,228,148
804,977
541,444
+ 52.7
3,968,120,670
10
now
401,627,934
6.6
10th Kansas City
We
351,392,860
1,388,035
12,909,443
4,903,475
(17 cities)
4.6
+
+ 28.8
632,291,122
v
83,060,878
7,555,074
29,854,725
1,080,442
Chicago
193,174
70,792,482
8.4
680,552,237
Illinois—Bloomington
216,581
5.1
2,876,448
22,146,555
3,704,853
23,798,735
12,566,246
Rapids
1.5
354,219,333
317,492,000
week ended Aug.
4,862,221
44,372,000
4,748,521
11,248,740
47,524,067
4,949,982
48,129,000
-
Wisconsin—Milwaukee
Iowa—Cedar
1,196,759
8,326,512
5,340,028
6,971,147
Indianapolis
4,729,483
5.1
—
'#•••
10,169,816
Rapids
Lansing
Indiana—Fort
400,704
1,827,837
Grand
59,827,456
+
517,920,730
Arbor
1,783,392
45,421,972
+
5,618,237
406,883
96,598,183
+ 14.5
$
358.310,975
Total
268,259,894
373,939,328
7
Francisco—
236,508,700
'
+( 2.5
—
Minneapolis
11th Dallas
3.4
Dec. %
+ 12.9
12th San
37,215,910
+
2.1
Springfield
1945
Inc. or
1,935,762
144,643,413
38,484,369
9.9
_I™
(10 cities)
Total
122,280,289
3.0
+ 15.0
Rockford
BANK CLEARINGS
1947
Reserve Districts
Federal
1st Boston
by Federal Reserve Districts:
8.6
+
+
Orleans.
Peoria
following we furnish a summary
+
+
Decatur
District of 9.6%.
1,995,549
13,209,045
5,903,564
Louisiana—New
Des
6.9
58,035,032
_
Mississippi—Vlcksburg
i
76,447,806
79,171,982
...
Alabama—Birmingham
larger by b.7%, in the St. Louis Reserve
6,614,000
66,813,333
197,800,000
15,191,482
Augusta
Terre
1,403,003
5,544,000
5.9
63,788,703
„
Florida—Jacksonville
South
1,391,160
+ 20.5
—
201,900,000
3,552,758
*3,100,000
72,304,075
;
Nashville
Georgia—Atlanta
Total
2,591,238
District—Atlanta
Tennessee—Knoxville
Mobile
180,121,128
63,914,185
(6 cities)
Macon
+
Columbia—Washington-
Sixth Federal
week
2,773,961
-
Maryland—Baltimore
—49.0
9,129,000
114,321,566
195,586,012
South Carolina—Charleston
We cannot furnish them today, in as much as the
of next week.
in the
Reserve District—Richmond-
Virginia—Huntington
Virginia—Norfolk
+ 18.1
Reserve District by
of 26.2%,
(7 cities)
Fifth Federal
West
3.9
available at time of going to press.
Accordingly, in the above the last day of the week in all cases has to be estimated.
In the elaborate detailed statement, however, which we present further below,
we
are able to give final and complete results
of the week previous—the week
ended Aug. 16. For that week there was a decrease of 0.1%, the aggregate of clear¬
ings for the whole country having amounted to $12,486,226,762 against $12,504,143,198
in the same week in 1946. Outside of this city there was a gain of 7.8%, the bank
clearings at this center having recorded a loss of 7.1%. We group the cities ac¬
cording to the Federal Reserve Districts in which they are located and from this
it appears that in the New York District (including this city) the totals record a
loss of 6.6%, but in the Boston Reserve District the totals register a gain of 2.5%
and in the Philadelphia Reserve District of 1.9%. The Cleveland Reserve District
shows an improvement of 6.1%, the Richmond Reserve District of 3.4% and the
Atlanta Reserve District of 4.6%.
In the Chicago Reserve District the totals are
Rhode
2,640.402
1,137,392
6,964,835
6,965,149
Richmond
day
ends Saturday and
Mew
2,550,712
2.9
+
+ 18.3
Complete and exact details
New
3.0
—12.5
157,025,967
Pennsylvania—Pittsburgh
243.064.300
in our issue
New
599,000,000
1,495,235
297,526,554
+ 11.4
Total all cities for week
Fall
1,356,523
824,505,284
(11 cities).
Columbus
+ 27.3
Total all cities, five days
,
363,115
441,000,000
4.7
+
5,771,922
Mansfield
203,590,975
All cities, one
tth
1,518,560
1.3
+ '4.1
+
+
2,071,329
Youngstown
293,119,000
Other cities, five
8th St.
1,007,930
4,237,406
New Jersey—Trenton.
3.0
326,411,000
Ten cities,
7th
543,669
555,985
4,043,084
ZH—
Cleveland
259.138,448
I
Baltimore
6th
465,583
9,877,767
IZZ
Delaware—Wilmington
606,732
474,945
6.6
4,362,631
°hJ.?~Fant°n
Cincinnati
Cleveland—i
3d
$
+ 27.1
1,812,335
4,161,256
7,399,900
York
2.6
Pittsburgh
San Francisco.
2d
1944
+ 15.7
—
919,742
2,833,366
778,000,000
2,588,392
2,965,297
IIIIII
~~~~
~ ZZZZZ
IIII
Wilkes-Barre
+ 21.2
—
'
Lancaster
Philadelphia
Reading
+ 31.7
.
—
$
Fourth Federal Reserve District—Cleveland—
+ 11.8
*
_
1945
or
fo
1946
$6,186,02^054
New York_
Inc.
Dec. %
1,080,447
870,425
813,128
ZZZZ
Chester
Total
1947
Week Ended Aug. 23
1,250,399
Bethlehem
Clearings—Returns by Telegraph
•
District—Philadelphia-
ago.
compiled by us, based upon telegraphic advices from the chief
cities of the country, indicate that for the week ended Saturday, Aug. 23, clearings
for all cities of the United States from which it is possible to obtain weekly clearings
will be 2.5% above those for the, corresponding week last year. Our preliminary
total stands at $12,208,333,971 against $11,910,491,184 for the same week in 1946. At
this center there is a loss for the week ended Friday of 2.6%. Our comparative sum¬
1940
227,030,145
5,250,646
••cond Federal Reserve District—New Tor*—
Mew
35,538,614
Buffalo
5,856,185
1,494,991
51,271,238
67,754,000
Yakima
3,939,743
1,269,660
+ 12.0
786,268
1,033,465
Utah—Salt
1,671,730
+ 18.2
1,004,476
1,231,025
California—Long
6,648,916,565
7.1
3,839,890,938
4,669,958,579
17,610,529
+
4.0
9,566,159
11,867,275
10,341,289
Connecticut—Stamford
72,787,265
18,313,040
Rochester
10,572,569
—
2.2
5,478,283
6,484,927
Newark
New
Jersey.
Ifctal (12 cities)
__
,
8,485,351
844,737
528,939
39,001,775
Jersey—Montclair
10,279,554
35,414,833
45,554,547
42,994,016
6,423,169,138
6,875,192,507
21.1
6,628,464
6,977,268
+ 59.7
309,192
391,608
10.1
20,248,524
Franoiseo—
99,641,018
-
—
+ 12.9
—
Reserve District—San
Twelfth Federal
Washington—Seattle
6,175,037,705
Syracuse
•
4,824,699
1,381,189
+
1,976,407
.
York
Northern
9.2
+10.9
1,421,507
Jamestown
New
2,390,991
82,209,377
Emira
New
32,550,059
2,650,586
YorK—Albany.
Binghamton
+
+
3.8
95,199,675
39,990,028
+
15.5
-
Lake
109,910,196
43,867,342
9,768,219
8,104,502
383,992,590
12,927,045
4,206,212
8,607,085
7,733,024
361,113,818
10,602,682
....
Oregon—Portland
686,963,952
626,697,567
+
12,486,226,762
6,311,189,057
12,504,143,198
—
City
Beach
Pasadena
San
Francisco
San
Jose
Santa Barbara
Stockton
2,809,807
3,247,476
8,191,218
14.7
247.6
+
+
+
4.8
+
6.3
+ 21.9
+ 29.5
+
25,153,988
+
+
+
6.0
26,731,246
37,340,318
—
6.6
3,968,120,676
4,835,543,629
Total
(10 cities)
Grand Total (112 cities)
Outside
New
York
♦Estimated,.
,•
6.0
94,013,992
3,795,847
5,855,226,633
+
5.1
77,337,785
2,135,867
50,953,101
21,865,983
9,281,167
4,597,920
93,987,264
2,470,289
70,990,451
26,987,885
9,031,446
250,027,000
6,221,137
1,826,925
4,740,278
230,925,000
6,665,328
2,124,710
5,048,047
3,970,051
428,987,163
452,200,471
0.1
7.604,094.231
7.8
3.764.203,293
9,125,241,329
4,455,282,750
9.6
44
(796)
THE
Company
Condition Statement of Member Banks
The
Saint Paul
Union
Street
purchasing
Towers
and
of
decreased
$77,000,000,
Company
American
ISSUE
Shoe
Consolidated
4Vz '/e
(closed)
Oct
1
707
—Sep
1
509
preferred
Sep
6%
Borrowings
New
of
1st consolidated
Gas
1949-1953
Electric
5%
Purchase money
Pacific
1st
Power
&
1
468
1
55
5 '/o
A summary of the assets and
member banks follows:
liabilities
of
preferred
7%
and
1
11868
1
1296?
due
1948—
Any time
.
12004
Anytime
Any time
Aug. 13,
Aug. 6,
1947
Loans
Investments—total
63.513
industrial,
and
loans
brokers
chasing
U.
or
S.
and
:
dealers
12,238
for
+
146
+
+
pur¬
531
—
468
—
85
Extra
-Aug 30
31
stocks—Sep
Davison
570
purchasing or carrying:
U. S. Government
obligations
509
securities
467
series B
Sep
1
Francisco
571
1
*
Detroit
165.
1962_Sep
flVol.
1
15
59
Diana
loans
3,129
U.
S.
bonds
Other
Reserve
Cash
indebtedness
4,325
with
in
10
+
+
226
+
3
+
288
53
+
46
+
108
—
235
—
46.574
14,441
U. S. Government
deposits—
Interbank demand deposits:
Domestic banks
1
871
101
+
44
+
757
6,269
$2.50
prior
preferred
(J. D.)
Mfg. Co.
Alabama Power
Brake
U.
S.
6% preferred
American
30
+
33
American
+
22
preferred A
Export
Redemption Galls and Sinking Fund
non-cum
stocks
called
bonds, notes,
for
redemption,
those called under sinking fund
provisions.
The date indicates the
redemption or last date for
mak¬
page number
which the details were
NOTICES
.
Company and
gives the location in
given in the "Chronicle."
OF
Date
Law.
Inc.
preferred
Heller
stock
Page
Aug 25
Sep 23
(Walter E.) & Co.. 5Va%
preferred stockLehigh & New England RR.—
1st mortgage 3s, cerles
B, due 1975——
..Sep
366
371
16
*
Company
Page
& Co., $6 convertible
prior preferred stock
Foundry & Machine Co., 1st mtge. 6V2S
Carolina, Clinchfield & Ohio Ry.—
1
367
1
50
<
1st
mortgage 4s, series A, due 1965—
Central Soya Co., Inc., 3
% debentures-
Sep
Sep
Chicago & Western Indiana RR.—
1st and ref.
mtge. 414 % bonds, series D, due
1962—Sep
Cleveland Union Terminals
Co., 1st mtge.
G&s, ser. A—Oct
Gas
Electric
Light
&
Power
Co.
of
ref. mtge. conv.
6s,
ser.
A
ser.
6Vi%
Cc.,
&
preferred
Ltd.,
4Vi%
Corp.—
Scott
stock, series
1st
lien &
1st
mtge.
bonds
trust
series
33''^ bond3>
A,
Stores,
Inc.,
6erle8 D. due
bonds,
5%
preferred
52
665
D.
Corp.,
American
4
564
1
464
shares
Co.
(n.
Brummell
Beech-Nut
Quebec
Bendix
Home
Harbor
—
(quar.)-
Black-Clawson
the
Briggs
preferred
465
1
468
1
567
1
468
•
1
•
(E.
&
due
1965
1980
due
1971
stock—
___
12
160
'
668
1
570
Sep
1
570
Sep
Sep
1
1
471
6%
Oct
1
$3327
fi %
~
9-15
9-
8-22
9-30
9-30
10-
1
9-
8-29
9-15
10c
9-15
8-30
25c
(quar.)
9-30
9-20
Tne
-
12 V2c
&
Stock
Goodrich
$5
9-
1
8-15
25c
10-
1
9-16
Guantanamo
9-15
Hail
9-15
(quar,).
9-10
9-
25c
9-15
2
8-29
faccumlf
II
(s-a)
II—
v
$2
9-
2
Hazeltine
9-
2
Co.
_
(quar,)
(quar.)
9-15
$1
9-20
50c
9-15
9-
9-15
9-
1
9-10
50c
10-
1
9-10
15c
9-
5
8-20
9-15
8-15
t50c
_
10-
1
9-
2
8-22
9-
2
each
Co.,
1
9-15
9-30
9-30
io-pN
9-15,
9-\l
8-12
25c
9-2$
9-
3
$1
10-
1
9-15
$1.50
10-
1
9-15
60c
10-
1
9-15
1
9-15
10-
1
9-15
9
8-29
9-15
9-
2
9-15
9-
2
50c
9-15
9-5
25c
9-15
8-30
25c
9-30
9-20
9-
2
8-20
$30c
10-
1
8-29
10-
1
8-29
10-
1
(quar,)_
8-29
37V2c
9-15
9-
5
68%c
9-15
9-
5
25c
9-10
8-30
v.
10-
1
9-20
10-
1
9-10*
25c
10-
1
$1.25
10-
1
9-15
$1.50
.
75c
$1.25
10-
1
9-15
2iy4C
$1.12y2'
$1.25
9-15
9-20
9-
5
9-15
9-30
11-
10-
1
1
30c
'
preferred
9-
2
9-
2
1
I
9-15
9-30
9-12
9-30
9-12
10c
,
(quar.)__
9-25
9-15.
t75c
(increased quar.)
9-30
8-30
t75c
9-30
8-30
40c
____i
$1.75
(quar.)^
$1.25
35c
(quar.)
10-
2
9-10
10-
2
9-10
9-29
9-
2
1
9-16
9-15
9- 5
10-
25c
2
8-12
9-
2
8-12
50c
(quar.)
9-
87V2c
9-
1
8-15
25c
(quar.)
(stock
dividend)
9-
9-15
9-5
9-25
9-
$1.50
(increased)
9-16
75c
25c
Co.
10-1
2
5
8-20
—
of
common
stock
Co.,
common
(irreg.)
$1
8-10
7-29
^
31c
8- 2
7-22
$25c
10-1
for
held.
B
10-
$1
$1.25
pfd.
preferred
shares
9-20
9-20
$1.50
;
9-13
9-18
(quar.)
Canada, Ltd.—
8-30
50c
8-29
8-20
50c
9-19
9-
8
25c
common
preferred
(quar.)
Department Stores
8-29
9-30
9-15.
62V2c
9-30
9-15
10c
(quar.)
Wire
9-10
50c
(quar.)_
Cloth Products
(quar.)
International Metal
Industries, Ltd.—
Common A (quar.)
iV2%
9-
10-
$50
preferred
Gas,
Interstate
8
5
i$1.37
common
Statler Co
Houston Natural
Industrial
8-
9-
J$1.25
Quarterly
Holophane Company
(irreg.)
Mining Co
5%
8-20
9-15
ioc
Hotels
10-31
9-1
4Uc
Homestake
tl7V2c
2
9-1
62y2c
Hinde & Dauch
Paper Co. of
1
'
50c
(quar.)
Inc.—
$6
share
10-15
9-
1
1
(quar.)_
Co., .$5 pfd.
Lamp Co, (irreg.)
preferred
10-
9-15
1010-
2%c
Corp
Heywood-Wakefield
10-
t38c
Hi-
9-15
;
Corporation
extra
t$2
mv2c
v
(quar.)—_III
Oil
Henkel-Clauss,
57«
6
9-
_________
Sugar
Hershey Chocolate Corp.
Two
6
Fran¬
Telegraph (quar.)
F.) Co., common
(quar.)
1
25c
J$1.75
common
preferred A (quar.)—
preferred B
(quar.)
1
8-15
9-
15c
quar.)_
(quar.)__.
(G.) Brewing
Hein-Werner Corp.
J25c
—
common
10-
9-2
9-20
9-20
—
common
Heileman
$1.25
Q-1Q
25c
(quar)
convertible
9-15
9-11
9-19
70c
Co.,
7%
preferred
Hart-Carter Co.,
9-15
J75C
;
1
M.)
10c
3
9-29
Q.9Q
60c
Hanley (James)
8-29
9-15
(C.
10-
75c
Great Western
Sugar, com.
7%
preferred
(quar.)
9-20
1
8-30
9-30
(quar.)
(quar.)__,
8-15
10-
9-10
62y2c
Grand Rapids Varnish
Corp,
Great West
Saddlery, 6% 1st
6%
2nd preferred
1
25c
III
j.
;
Biscuit
(B.
Group No.
9-19
8-30
8-29
quar.)_
com.
preferred
9-30
9-30
9-19
1
9-15
1x/zO
Razor, $5 pfd. (quar.)
Harvester
Corp.
(quar.)
9-
20c
25c
(quar.)
A
Mills,
Globe
5
9-15
9-30
10-
37y2c
Safety
Extra
9-20
8-30
1
J50c
Stores,
common
preferred
Gleaner
1
9-18
50c
(quar.)
2
10-
$20c
(q^ar.)_:
Gillette
8-30
8-30
9<ir»
(quar.)___.
9-10
9-
9-12
10-
$2.50
_
9-10
9-15
9-2
12y2C
'
1
9-15
9-15
1
87y2c
Railway (s-a)_
1
35c
9-15
9-30
10-
$3.50
(quar.)__
10-
31V4C
participating class
7%
guar.
10-
8-31
9-30
50c
(quar.)
$6
preferred
(quar.)
Gerber Products
Co., cimmon__
4V2 %
preferred
9-15
9-5
50c
General Mills,
Inc., $5 preferred (quar.)__
Georgia Hardwood Lumber (quar,)___
Georgia Power Co., $5 pfd.
8-22
8-22
2
1
$1.06y4
Manufacturing, class B, common
participating preferred A (quar.)_____
$3
9-15
8-30
9-
9-5
10-
31V2C
(increased
$1
preferred
(quar.)
Capital Wire Cloth &
Mfg.—
$1.50
preferred
(quar.)
(quar.)___
(quar.)
preferred
5V2%
Gemmer
1
f80c
Inc
Power
Common
9-16
10-
12y2c
preferred (quar.)
Gajlord Container Corp,—
8
3 7 Vic
,
Carthage
1
10c
_
pfd.
A__-
Co.
Railways,
9-15
(quar.)
(quar.)
Ltd.,
Stoies,
Gatineau
15c
Carr-Consolkbted
375
Gary
9-16
9-
—
Mortgage (quar.)
Canadian General
Investments, Ltd.
Canadian Industries,
57
9-16
1
20c
Class b (s-a)
Canada Permanent
1
1
10-
$1.12 Va
_
Malting Co., Ltd.
Packers, Ltd.—
Canada
306
9-16
10-
•
Iron
9-10
Corrugated Paper__
Packing Co. (quar.)
^
Garlock
tlOc
(quar.)
Buildings, 1%
9-15
9-30
Wayne
$1.06 Va
...
(quar.)
Corp.
10-15
35c
5 V2 %
______
Inc
A
10-10
25c
common
45c
(quar.)
class
8-25
10-10
$p
(quar.)
class A
preferred
1
2
8-29
9-13
-
9-26
(quar.)
G.)
$2.50
9-
5
10-25
Co.
Shoe,
Foote-Burt
10-
9-26
9-15
9-
$1.50
$1.25
_
2
2
15c
California
Ink
Co
California Pacific
Utilities, com. (quar.)
5%
preferred
(quar.)—
—_II
California Water Service
(quar.)
Camden Forge Co.
(quar.)
j
Canada
1
5
9-
—-
Terminal
$1.59
9-
Fort
9-5
10-25
B
Fair
5%
________
___
Extra
Bush
1
9-12
20c
Inc
Stratton
Extra
Brooke
267
1
9-15
10-
9-15
1
9-12
20c
Florsht-im
Food
24c
.
1
9-10
10-15
10-
io-15
75C
$1.12y2
$1.25
(quar.)
Fund, Inc.____
Indemnity Co. (San
Stove
1
9-20
8-30
8-15
8-30
t$1.23
(quar.)
_
Inc.,
Corp.,
&
Fund
cisco)
9-15
Ltd
Month Club
Mills,
$1.25
Fireman's
10-
9-10
8-31
9-10
_______
9-12
8
8-29
9-13
&
8-30
$1.12Va
Industries
preferred
Co.
—
of
1
12V2c
Mines,
(quar.)__
(quar.):
8-29
56 Vic
(quar.)
Malleable
convertible
Botany
4
15c
Corp.
(formerly
Bingham Stamping Co.), common
Book
99-
15c
Bingham-Hevbrand
Extra
1
9-12
10-
9-15
10-1
15c
(quar.)
Federal Screw Works
(increased
Feltman & Curme Shoe
25c
—
(quar.)
Appliances,
Co.
2
12y2c
Ltd
Fanny Farmer Candy Shops
Mfg. & Engineering
4
8-30
Co.—
pfd.
Federal
59%C
(quar.)—
(quar,)..
Co.
Coe
25c
Ties
Packing
Benton
5%
10-
9-
9-15
15c
■,
(quar.)___
Gregg (quar.T_.
Famous Players Canadian
Corp., Ltd.—
Quarterly
2
8-30
10c
common
1
,
-
y.)
Faber
9.
9-15
$2
Evans
5
9-15
87y2c
9-
11-
8-15
ic
I2y2c
9-13
$1
$2.25
—
-
Trust
2
9-10
*$1.75
&
9-12
35c
(quar.)
(quar.)
Refractories, Inc.
9-
Coach
Class
Bangor & Aroostook Railway—
5%
preferred
(quar.)
Bankers
8-15
25c
12y2c
com.
&
30c
(quar.)___:
(ixreg.)
—
1
■
;
Trust,
9-
$1.25
Co.
common
9-
i.
Co.
(quar.)*,
Pittsburgh RR., 7%
European & North American
—
-
(quar.)_
4Va % prior preferred
Banco de Los Andes—
Breeze
1
Co.—
5)is,
1
1
Oct
gep
Marquette Ry.—
"
Bafcvay
E.f
collat.
$3049
Nov
Niagara w ^.heHlic£l1 Co« $3-25 pref. stock, series A—Sep
Falls Power
Co., 1st & ref. mtge.
3Vas of 1936-Sep
Northern Pacific
Ry., colat, trust
4VaS, due 1975
Ogllvy Realty Corp.,
Sep
Ltd., 1st (closed)
mtge. 5Vis_f
Pennsylvania «: southern
Sep
Pere
1
'
A
Gas
463
Bal¬
B, due 1949_Oct
___
Electric
Merritt-Chapman
Manufacturing
9- 2
(quar.)____;
10c
&
preferred
9. 2
9-15
25c
preferred (quar.)
Oii Works______
Capweli Co., conimon_____
preferred (s-a),__
Florence
preferred
(quar.)
Gas Light
Co., 4Vi% pfd,
Imperial Diesel Engine Co.—
Series A preferred
(quar.)
V.
1
8-29
9-30
9-15
—
Co.
(quar.)_*
Machine Corp.,
Stores,
participating
Extra
10-
9-12
37y2c.
common
75c
__
and
International Rys. of Central
America—
5%
1st
mortgage bonds
Maritime
266
1
—Sep
timore, series P 3% 1st ref.
mtge. bonds, due
Dcvoe & Raynolds
1969_Sep
Co., Inc., 2%% debs., due
1965
Sep
Elgin, Joliet & Eastern Ry.—
1st
mortgage 3 Vis, series A, due
1970—
—Sep
Empire District Electric
Co., 1st mtge. 3Vis, due
Hartford Electric
1969_Sep
Light Co., 3Vi%
debs., due 1971
Sep
Houdaille-Hershey Corp., 3%
debentures, due 1960
Sep
Hygrade Food Products
Corp.—
1st &
1
—
Columbus & Southern Ohio
Electric Co.—
1st
motrgage 3 Vis, due 1970
Consolidated
(quar.)
5%
Co.,
5%
preferred (quar.)
Financial Industrial
25c
414 %
Axelson
1
g.ie
8-29
25c
(quar.)
(quar.)_
Co.,
Products
8-29
9-30
9-12
25c
(irreg.)
Investment
Erie
2
9-10
$1.25
$l,l2y2
B
Erie
9-15
9-15
,
Refining
2
—
Belleterre
Oct
Oct
Bethlehem
&
9-
9-
—:
Atlas
Beau
Date
Armour
Oil
1
9-30
(initial)«
Atlanta
Basic
PARTIAL REDEMPTION
and Issue—
convertible
Extra
B.
TENDER
Issue—
Frank-Guenther
4%%
Ashland
10-
12-
8-29
8-29'
25c
(quar.)
Bros.
7%
2
9-15
8 7 Vic
(Indianapolis)
Tobacco
(quar,)
Dorado
9-30
Telegraph (quar.)
Armstrong Rubber Co., class A
(quar.)—
Class
B
(quar.)——
including
ing tenders, and the
Co.
Sumatra
Telephone
9-
$1.25
—
list of corporate
a
common
Stores
American
1
$1.3iy4
25c
'
____
10-
1
9-10
9-10
75c
preferred
4»/4%
El
9
20c
25c
Sulphur
Kodak
9
9
62y2c
(quar.)_
de Nemours
Easy Washing
Holdert
Payable of Rec.
9-15
9-15
f
—____—
(quar.)—
Insurance
American
Noiices
and
6%
When
10-
8-15
9I
9I
9I
(interim)
Texas
Economic
9-30
8-25
9-15
9.29
25c
(quar.)
(quar.)
Ltd.,
(quar.).^
preferred
Duval
2q
75c
Co.
Duquesne Light
q
a
»-29
62y2c
Y.
Co.,
preferred
Eastman
on
50c
preferred
States
American
*25c
—
American Locker
Co., new class A
American President
Lines, Ltd.—
Quarterly
N.
_
Lines
(quar.)
Steamship
American
Below will be found
$3.50
$4.50
when
$1.50
American Hardware
Corp.
American Hawaiian
of
Realty
Inc.
I.)
q
30c
Extra
(quar.)
(initial quar.)-
36
16,868
_
75c
common
+
3Vi%
$1.05
(quar.)___
+
5%
Albert
(called for redemption
Cyanamid,
except
accounts,
Govt,
—
20c
—
Sept. 30 at $125 plus this
dividend)
American Cigarette &
Cigar Co., common—
536
deposit accounts
week
(E.
9I
9-15
9-30
50c
=
"{J
9
9-24
50c
(quar.)_v
Products
Common
are:
t37Vic
t62y2c
Shoe—
preferred
x
9-24
J25c
Emporium
(quar.)
271
demand
Interbank
and
week
Co., 4.20% pfd. (quar.)
Alexander &
Baldwin, Ltd. (increased quar.)
Aluminum Co. of
Canada, Ltd.—
4 %
preferred
(quar.)
American
10_
12y2c
Ltd
,
Steel
duPont
Ltd.—
(quar.)
Si
Textile
Common
—
1,360
;
to
preferred
(quar.)
+
170
this
the
Share
Paper Co.,
Adams
5V4%
1,138
&
preferred
9,441
——_______
Foreign banks
Borrowings
+
announced
in
Company
Power
$1.50
I.-
deposits adjusted—
during week
643
+
2,363
"ome deposits,
except Govt
Debits
2,807
11,924
Reserve Banks
domestic banks
Liabilities—
Demand
5,996
Abitlbi
91
20c
Co.
preferred
Dunn
"General Corporation
Per
Name of
189
—
4
—
786
—
21
+
dividends
1
50c
pfd.
Manufacturing
Driver-Harris
Edison
54
+
774
Federal
vault
with
—
31004
4,228
+
59
7 %'
and
—
21
77
—
2,610
_
securities
Balances
+
—
649
of
28
—
DIVIDENDS
Investment News Department"
declared.
conv.
Productions, Inc.
Houses,
Dominion
Dividends are grouped in two
separate tables. In the
first we bring together all the
dividends announced the
current week.
Then we follow with a second
table in
The
10-
(quar.)
Corp.
Disney (Walt)
o
q"1?
(quar.)
6%
preferred
(accum.)
Dobeckmun Company
164.
Doernbecher
our
5%
Inc.
Co.
Stores
o
q
1
12y2c
Co.
Mortgage
Oil
s"
9-30
10-
Steel
Extra
Oct
9-12
25c
Chemical
Devonian
Terminal—
tVol.
Oil
Dentist's Supply
1
Oct
stocks
San
1,003
+
53yac
Corp. (quar.)
Packing, 4y2% pfd. (quar.)
Fund, Inc.
(quar.)
Monte Properties
(quar.)
Del
307
~
•Announcement in this issue.
57
■—•
16
+
241
Other
4
—
3,114
»
5
37Vic
Delaware
mortgage 4s, due 1950United Gas Corp., 1st mtge. & collat.
trust 3s, due
898
—
——
o"in
Deerfield.
1
214
—
9-22
9-
—
470
386
—
}
25c
37yaC
Corp.
Crucible Steel Co.,
which we show the dividends
previously announced, but
which have not yet been
paid. Further details and rec¬
ord of past dividend
payments in many cases are
given
under the
company name in
3,026
(
Other loans for
Treasury bills
Treasury certificates
Treasury notes
3,319
'
obligations
securities
Other
■
*
carrying:
Government
Other
35
-
4,790
—
agricultural
a
to
1946
116
+
Commercial
Loans
Aug. 14,
'
*
and
-
1947
Assets—
J
9-11
25c
—
Company,
Cutler-Hammer,
Oct
preferred
Inc. (+) or
Dec. (—) Since
q~ !
(irreg.)
12004
Dobbs
(In millions of dollars)
,5
q
common
Iron
12004
Co.—
1st
reporting
o
9-15
25c
$2.50 pfd.
(quar.)
(Del.)
(increased)
Corp
Copperweld Steel Co., common
(quar.)
5%
convertible
preferred
(quar.)_Creole Petroleum
Corp. (irreg.)
Light, Heat & Power Co.—
stock
6%
9-an
9-11
$1.25
(quar.)—
Pictures
Consumers
q
400
(increased quar.)___
Baking Co., common (quar.)
participating preferred (quar.)„_L.
Continental
'
;
Colorado—
Pacific Co.,
&
/
82y2c
1
common
Compo Shoe Machinery (quar.)__
Consolidated Lithograph Mfg.
Co.,
Consolidated Rendering Co.
.
Southern
Fuel
Columbia
567
Sep
bonds, due 1948
bonds, due 1949
of
preferred
Colorado
50c
Sep
& prior lien 5s, due 1955—
Potomac Electric Power Co.. 6% & 5 Va
% pfd.
Power Corp. of Canada, Ltd.—4%% convertible
Co.
Company,
4V4%
9-30
9-13
Z'W
9,-
50c
quar.)_
8
°"25
,
20c
(initial
a
9_15
10_
isc
Co
Cliffs
Coleman
12142
2
Sep
Sep
4%
Light
(irreg.)
(quar.)
ExtVcl
mortgage
Public Service
o
367
15
—Sep
A, due 2022
mortgage 5s,
&
mortgage
Controller
Continental
series
debentures,
$24,000,000 in the New York
York City,
$20,000,000 in the
$36,000,000 at all reporting mem-,
ber banks.
York
1st
New
Cleveland District and
13274
Co.—
Amsterdam Gas Co.—
New
increased
outside
Power
debenture bonds,
Co.
'Participating
series A, due 2022—a_& Fuel Co., 1st mtge.
5s, due 1956
Valley Gas Co.—
mtge.
5%
bonds
6%
Fuel
Columbia
debenture bonds,
Nebraska
Demand
District
0
1
bonds-.—Sep
Lebanon
1st
&
Iron, com.
41/2%
preferred
(initial)
Cleveland Graphite
Bronze,
5% preferred <quar.)__
Clinchfield
Coal
Corp.___
Page
30
Sep
Lebanon Gas
$170,000,000.
Ice
Cleveland
stock
and leasehold
mortgage
(Walter E.) & Co.—
2V2% to 3% serial notes, due
Kansas Gas & Electric Co.—•
Holdings of United States Gov¬
$30,000,000 in the Chicago Dis¬
trict and $10,000,000 at all
reporting member banks, and
decreased $21,000,000 in New York
City.
was
City
9~ 5
2" 4
4
10-15
$37
$1.75
Railway
509
1
^
9.95
25c
•
.
9.09
9.9=
25c
Oil
7%
preferred
(quar.)
Cincinnati Street
,
1992_Sep
Cotton
10-15
ioc N
(quar.)
Christiana Securities
Co., common
CALLED
Heller
$21,000,000 respectively.
5oc
5oc
Extra
Ltd.—
Press
1st
ernment bonds increased
banks
co
Anglo-Chilean Nitrate Corp, Inc., debentures, due 1967_Oct *0
Armour & Co.
(111.), 7% preferred stock
__Oct
1
Butte Electric & Power
Co., 1st mtge. 5s, due 1951—Any time
and
deposits adjusted decreased $236,000,000 in
New York City and
$67,000,000 in the Cleveland District,
and increased
$46,000,000 in the Chicago District and
$38,000,000 in the Kansas City District. United States
Government deposits increased $44,000,000. Demand de¬
posits credited to domestic banks increased in
nearly
all districts; the total increase at all
reporting member
572
Date
Co., 5%%
ShZe Payable ofR^
Corp., 4% preferred (quar.)
Corp. of America (quar.)
Chesebrough Mfg. Co. (quar.)__
Chickasha
and Issue—
Brake
Company
Carrier
'
American Telephone & Telegraph Co.—
3% convertible debentures, due 1956
indebted¬
of
$59,000,000
375
1
Clark
or
Treasury bills, certificates
notes
1971_Oct
Catalin
Corp.—
ENTIRE
carrying United States Gov¬
ernment securities decreased
$83,000,000 in New York
City and $85,000,000 at all reporting member banks.
Loans to brokers and dealers for
purchasing or carrying
other securities decreased
$28,000,000 in New York City
and $31,000,000 at all
reporting member banks.
Holdings
Name of
bds., due
4% 2nd mortgage (now 1st) bonds, due 1952
Western Auto Supply Co.,
debentures, due 1955
Wheeling & Lake Erie—
Gen. and ref. mtge. 2%%
bonds, series A, due
industrial, and agricultural /loans in¬
nearly all districts, the principal increase be¬
ing $82,000,000 in New York City. Loans to brokers and
Monday, August 25,
1947
Page
Depot Co.—
in
for
Dat®
.
^
29th
.Commercial,
'dealers
CHRONICLE
mortgage pipe line bonds, 2%% series, due 1966_Oct
1
Toronto Golf Club, 5 % mtge.
bonds, due 1957
Aug 29
the
creased
ness,
Issue—
FINANCIAL
1st
leading cities
following principal changes for the week
ended
Aug. 13: An increase of $146,000,000 in commer¬
cial, industrial, and agricultural loans and a decrease
of $235,000,000 in demand deposits adjusted.
shows
and
&
1st and ref.
mortgage series B 3Vs%
Tennessee Gas & Transmission Co,—
condition statement of weekly reporting member
of the Federal Reserve System in
banks
COMMERCIAL
9-10
8-30
t40c
t$1.12y2
(quar.)
4
50c
10-
9-9
1
10-
1
10-15^
9-9
,
9-25
>
Number 2623
Volume 166
THE
Per
Name of Company
_
.
Share
.
Selective Fund
Iowa Electric Light & Power Co.—
6% preferred C (accum.)
61/2 % preferred B (accum.)
7%
preferred A (accum.)
Irving (John) Shoe Corp., 67o pfd. (quar.)_
Jamaica Public Service, Ltd.—
Common
(increased quar.)
7%
preference A (quar.)
1%
preference B
5%
preference C_.
5% preference D
johns-Manville Corp. (increased),
Jones & Lamson
Machine (quar.)
;
joslyn Mfg. & Supply (irreg.)
Kalamazoo Vegetable Parchment Co. (quar.)
Katz Drug Co., common (quar.)
$4.50 preferred
(quar.)
Keisey-Hayes Wheel—
When
9-20
10-
1
9-15
10-
1
9-15
10-
1
8-29
Seiberling
1
8-29
4V2Vo
1
8-29
xiy.%
10-
1
8-29
35c
9-11
8-29
50c
9-
9-
9
15c
9-15
9-
9-15
10-
10-
1
9-15
10-
1
9-15
25c
9-30
8-29
•75c
9-30
8-29
__
50c
Corp.
Stores
Southern
25c
9-12
8-29
5%
12 VaC
9-15
9-
4.32%
20%
—___
<
\$1.75
Irregular
9-3
Southwestern
Sparks
4(4%
preferred
Southland, Royalty
6% convertible preferred
Spiague Electric Co
Standard
25c
9-15
9-. 5*
60c
9-15
8-30
5%
preferred
(quar.)
Standard-Coosa-Thatcher
9-20
1
10c
10-
1
1
1
9-10
60c
10-
1
9-10
Class
9-15
8-29
11-15
10-31
Sunbeam
9-10
.9-5
Sunshine
9-10
9-. 5
Co
Machine
10-
1
2
8-20
Minnesota
Mining, & Mfg.
Minnesota
9-16
9-
9-12
5%
Appliance
$1.25
15c
Mississippi Fewer, $4.60' pfd. (initial
Missouri-Kansas Pipe Line, common
Class
B
$1.15
quar.)
25c
____
iy4c
.
9-
9-15
Co.,
Mcisons
Ltd.
Brewery,
Mullins
Corp.,
Mfg.
Muskegon
Piston
$25c
(quar.)
Inc.
Southeastern
National
Ring
(Hawaii)
National
$4
&
Dehydrating
preferred
National
Oats
National
Steel
A
&
(quar.)
4
$1.50
9-12
9-
3
Union
Investment
9-10
8-29
Union
Trusteed
9-15
9- 2
9-26
9-
9-
8-20
(quar.)
$1
Co.__.
Nesbett
Fund
New
England Telephone
Newport Electric Corp.,
'33/4 7r
preferred
Niles-Bement-Pond
.
North
River
Northern
Northern States
5%
.
Confection
Ohio
1
Forging
,$5
Water
Service
American
37 %o
Oregon-American. Lumber
Electric
Ottawa
Otter
Tail
10c
Inc.—
5c
•
Gamble
Common
30c
9-20
9-10
C______r
5c
9-20
9-10
Fund—___
Stock
in.
Extra
Milk
4V»%
Co,,
1st
9-
2
8-20
9-15
8-30
9-21
4*/4 %
2nd
Petroleum
$1.25
.
'■
9-
1
9-
&
9-10
Trading
9-
1
8-15
9-
5
8-25
10-
1
9-15
$i
preferred
1
9-12
Viceroy
8-29
Virginia
9-30
9-
2
25c
10-
1
9-10
$1.06 y4
10-
1
9-10
$1.06%
(quar.)
v
&
10-
1
9-2
Coal
pfd.
Co.
$1
(accum.)
^
River
Co.,
Ltd.;
ordinary
Products
'•
share
common
stock
for
Yellow
prior
Cab
Common
2
6%
9-15
8-23
1
9-20
6%
5c
10-
1
9-20
10-15
9-15
10-
1
9-12
9-
2
Co.,
(quar.)
(increased)
common
convertible
:
convertible
convertible
6%
8-29
i.I5%
8-29
9-15
2*
20c
9-15
7%C
9-15
8-30
9-12
-
Corp.
River Raisin Paper
Extrw
;
9-11
9-
9-30
9-15
25c
50c
52y2C
t$l
preferred
preferred
preferred
(quar.)—_—
(quar.) _
(quar.)__——
10-
1
;
9-
Myerg,
preferred
_™~
9-
3*
Co.
of
9-15
5
9-15
9-20
30o
9-20
10-20
10-
1
5%
9-15
Sugar Refineries, Ltd.—
A preferential
partic. (quar.)
preferred (quar.)
Steel Co.
(quar.)—
—>—
8-30
Acme
—
10-
2
9-10
Aetna
10-
1
9-10
9-10
8-29
10c
9-20
9-
5
10c
9-20
9-
5
preferred (quar.)
Agnew-Surpass Shoe Stores (quar.)
Aircraft
Radio Corp.
(irreg.)
Akron Canton & Youngstown RR.—
75c
9-15'
9-
5
5%
Ball
&
Roller
Bearing,
2
•
Class
preferred
Ry
8-15
1
9-15
5
9-15
25C
8-22
9-
5
9-
1
8-20
10-10
9-25
9-
$1.12'/a
9-15
9-
5
$1.12 ya
9-15
9-
5
25C
9-10
9-
5
25 C
11-
1
10-25
2-1-48
1-24
10-31
10-20
37yac
1-31-48
1-20
37y2C 4-30-48
37'/2c 7-31-48
4-20
7-20
9-15
9-
9-15
8-30
2
When
Holdere
Payable of Reo.
9-15
8-21
9-15
9-
5
9-15
9-
•>
$1.75
.
$1.78
—37'/aC
3T/uC
$1
9-15
(quar.)
Standard
&
:
/
Bottle
Thermos
B
9-30
1
8-22
9-15
8-15
10-15
9-15
50c
9-15
9-
10- 2
$1.75
83yec
75c
(quar.)
(quar.)__
,
10-
1
0-20
9-
2
8-
8
75c
—
Woolen
Co.,
common——
9-
2
8-
8
9-15
,
A
(quar)
—
9-15
10-15
75c
9-26
8-20
$1.50
$1.50
$1.50
11- 1
10-22
11-
10-22
.
.
-
-
$2.50
$3
10- 1
10- 1
1-31-48
8-8
9- 8
9-12
8-23
12-1 v
12-ic
8-21
—50c
9-
2
partic. pfd.
(quar.)-;
75c
Participating
1 — /2b
Argus Corp., Ltd., common (quar.)———
flOc
4ya%
convertible preference
(quar.)— $$1.12V»
Arkansas Natural Gas 6%^ pfd. (quar.)—
15o
Armour & Co.
$6 prior pfd.
(accum.)
9-
2
9-
2
9-
2
7-31
9-
2
7*31
Farms
Co.,
common
$3
1
This
$18.50
$3.75
—l0c
933/40
preferred (quar.)
Corporation (quar.)_
10°
(quar.)——
Co
1
Autocar
9- 2
9- 2
preferred
4
8-15
8-15
9-
9-
9- 2
8- 8
9- 2
8-
-
9- 2
8- f
9-
2
7-25
9-
2
8-15
$Lj>0
$1.50
S*
5
5
8
9-15
8-21
9-20
8-28
9-10
37 AC
8-1 «•
9-10
WO
JUY20
,
A
convertible
t-
9- 2
8-28
8-29
,
.
convertible preferred (quar.)
preferred B (quar.)
—
5 % convertible preferred series O (quar.)
Automotive Gear Works, common (quar.)—
$1.65
9- 2
9-30
Corp.
Company—
series
8-26
9-15
—»—
1
Tack
$-15
40c
Dry
Powder
8M1
$10°
—
Goods com. (quar.)
6%
1st preferred
(quar.)—
7% 2nd preferred (quar.)
Atchison Topeka & Santa Fe Ry., common—
Atlantic Coast Line RR.
(quar.)
—
Atlantic Refining Co.
(quar.)——
Atlas
Corp.
(quar.)—.—
Atlas Portland Cement
1
8-11
9-30
;+20o
—-
Extra
Associated
5%
5%
10-
2
10- 1
Oct. $
Armstrong Cork Co. com———
Artloom
9-30
$68.25
payment clears all arrears———
7% preferred (called for redemption
at $115 plus this dividend)
9-
9- 8
1-21
9-2
'
$13c
Oil, Ltd.—
9-
9-15
1*
2
8-22
4
1
10-
9-
8-22
8-
8-28*
$1
12-23
9-12
9-15
8-28*
12-23
9-12
50
8-21*
$1.75
—_
(quar.)—
Aunor Gold Mines, Ltd.
(quar.)
Auto Electric Service Co., Ltd.—
Class
A
(quar.)
7-31
8-29
9- 5'
Co,—
—
Atlas
2
5
9*24
Atlas
9-15
0-
20c
$1.75
50c
$1.12 Va
9-30
8-20
9-15
0-
9-15
Sanitary
9-
9-10
9-
0-
9-15
—
A
9-
9-10
9-15
25c
r.
12
12-15
—
& Chemical—
0-15
10- 1
$50o
8-22
9-30
Arden
5
9-20
3)
8-22
2
$1
—-
t
35C
*25C
9
2
9-
9-
9-15
8-2)
9-
9-15
10- 1
9-11
10-15
Ordinary (final) ——
————
25%
Anheuser-Busch, Inc., new com. (initial)'—
28o Apex
Smelting
Co.
—
37'/aO
Applied Arts Corp,■ 10O
Arcade Cotton Mills Co., common (quar.)—
$1
Common (quar.)
—
———
$1
6%
preferred (s-a)
——
$3
Archer-Daniels-Midland
25c
1
9-11
1
9-10
Anglo-Iranian
10-
8-29*
1
10-
8-15
<
4
10-
9-25
20C
common
(s-a)
1
9-10
9-13
$1
(s-a)
& Vicksburg
9-
10-
9-30
125c
convertible
Alabama
8-29
25o
Co
preferred
25C
9-10
1
25c
$1.50
Ltd., common—
convertible
$$1.25
Extra
2
8-29
10-
9-15
,
8-
2
1
$1.50
$1.50
10-15
9-
10-
3iy«o
50c
35o
$1.75
20c
97Vio
prior preference (quar.)—
(quar.) ______
—Anaconda
Copper
Mining Co
——
Anchor Post Fence, 6y» prior pfd. (quar.)_
6d 'prior preferred (quar.)——
—
6% prior preferred (quar.)
—
Anglo-Canadian Telephone Co.—
10-10
Share
-
Class
10-17
10-25
$2
(quar.)
$4
1
9-
9-15
25c
(s-a)—
(bi-monthly)
Goods Co.—
(quar.)
(quar.)
Radiator
7d
9-10
9•
*
8-15
9-25
9-15
8-30
9-
Acadia-Atlantic
9-16
1
8-i
1
8-23
111.—
preferred
American
8-20
Per
9-26
11-
8-2 i
9-
2c
2c
(s-a)
(quar.)
Common
8-20
2
preceding table.
5%
(accum.)
2
9-
25c
2
Inc.—
participating
1
9-
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
30C
~
10-
we
Company
9-19
10c
—_
Extra
Name of
1
9-15
1
10-
25C
(L, A.)
10-
25c
_
2
25c
$1.50
'
9-
37'/2C
8-29
25c
(quar.)
(quar.)
—
—
Spring & Wire Corp.—
Youngstown Steel Door—
Young
Below
30c
preferred
Paper
—
—
25c
prior
9-15
4
9-12
20c
Asbestos Corp. Ltd.
37J/aC
Extra
2
8-18
9-30
Co._:.__
preferred
(q.uar,)-_
convertib'e- preferred- (quar.)
6%
10-
each
.
&
2
held.'
Bit
(quar.)__—
prior preferred
10-
(monthly)
(quar.)_
American Tobacco Co., common
8-27
6-
25c
(quar.)
9-
9-
$i
9-10
9-15
50C
(quar.),
9-15
tiy3c
-
Common
9-15
$1.50
Reeves• Brothers, (quar.)
Reliance Electric & Engineering, common
$2.10 convertible preferred (quar.)__
Reliance Grain, Ltd., 4% pfd. (quar.)
Republic Steel Corp., common (quar.)
$1.50
5
—
Raybetetos-Marihattan, Inc.—
Reed*Prentice ,Cclp. (quar.)
,—
_
9-19
15c
—
convertible
9-25
$35C
__
(quar.)
Public Electric Light, 6% pfd. (accum.)
Publicker. Industries, com (stock dividend)
Robbins
9-
15c
(irreg.)
,
Heed; Roller
,,
9-25
4 V2 7o
25c
Extra L
6%
4'/a %
9-10
25c
_
Preston EJast Dome Mines, Ltd. (quar._____
Prospect Hill Apartments, Inc., preferred-.,
Riegal
8-29
9-10
9-10
4>/2%
t$l
Water
Common
9-12
10-1
American
t9c
—-
Service (increased)-—
preferred (quar.)__—
Canada, Ltd. (quar.)
Worthington Pump & Machinery Corp.—
.
9-25
25c
Platen Glassi_
.$4,7-5.. preferred .(quar.)
Py.rene; Manufacturing Co.__
Qtteen Anne Candy Co.*(quar.)____________
•h
8-28
8-20
8-27
35c
Hirsch, 7%
10c
share
.
9-12
2
$1.25
common
Pulp & Paper
Virginia
25c
a.
I/40th
,
8-20
9-
9-10
75c
(initial)-—
Wool Combing Corp. of
35c
(quar.)___
(quar.)__
10c
Prentiss-Wabefs
y
4
9-
8-20
30c
.
(quar.)
2
25c
West Virginia
Winter &
$1.50-
,
"
preferred
9-
)7y2
preferred
Power,
1
■
2
$2
Co., Ltd. (quar.) ___—Electric & Power, $5 pfd. (quar.),
Washington Water
B
8-20
50c
Detinning Co., new com.
10-
Co.
preferred
2
43 %C
(quar.)
(initial quar.)
Wabasso Cotton,
Ltd. (quar.)
Wacker-Wells Building Corp. (s-a)
West
Class
9-
30c
Mfg.
New, 7 7e
9-13
Corp., common
7%
preferred
(quar.)—
________
Rolling
Mill, common
—
4% %
preferred
(quar.)———
American
Steel
Foundries
(quar.)
American Sugar Refining Co.—
7d preferred (quar.)
_____
—
75c
Co.,'
9-" 2
Norristown
Plymouth Oil CO. . (quar.)*_
Powdrell & Alexander (quar.)
.
5
9-12
10-1
.Extta
Po
9-
20c
$1.25
$1.50
___
(quar,)
Pittsburgh Consolidated
Pittsburgh Forgings Co.
.
9-10
1
-
$6
RR.1 (qpar.) v
Pittsburgh Brewing Co., $3.50
Pittsburgh
10-
Corp.—
Germantown
Vulcan
9-10
9-15
(monthly)
8-29
25c
———
Inc.
9-
1
75c
9-10
$3.50
—
Co.
1
10-
$1.50
American
$4
8-12
10-
(quar.)—.,
8-30
$3
nop-cum.
9-13
50C
,
Ext
.7%
Meter
A
$2
w
8-12
25c
8-30
9-
9-25
$1.50
9-15
9-15
9
9-15
$1.1834
American
(s-a)
■—
Tobacco
Veeder-Root,
10-
2
Class
stock for each share
common
10-
each'
30c
(s-a)—___—
(quar.)
preferred
Graphite
for
common
9-10
—
8-28
9-13
25c
_____
'
share
8
25c
20c
(quar.)
common
Envelope Co.,
Special
S.
2
9-
1
8
8-
At¬
25c
common (quar.) ________
preferred (quar.)_
Upressit Metal Cap, 6% pfd. (accum.)
Utah Power & Light Co
Valley Mould & Iron, common
_
$5.50 prior preferred (quar.)
8-301
•,
Corp
participating class A (accum.)
Co., S5J< preference
(quar.)
Philadelphia
,
U.
2
10-
9-
1
8-
1
—
of
(quar.)
American Potash
(stock dividend)—
of
Westvaco Chlorine
S.
S.
10-
$2
—
—-—
...
(quar.)___
Corp.
Fastener
Special
8-15
1
(s-a)
$1.50
—
Co.
Co.,
7% .preferred
7%
preferred
Chemicals, Inc.
7%
U.
(quar.)
common
held.
.
U.
—______
Co
Rope
30/1000ths
.
5
10-
40c
:Pjiilad£lpbla
,$6
United
9-21
9-30
.9-
75c
;_____
(quur.)
preferred
Railroad,
preferred
United-Carr
5
$35C
(quar.)
common
prefeired
Pacific
4Vo
5
'
_
Union
8-22
9-
25c
.4%
preferred ,(quar.V__
Pfcnick & Ford„ Ltd
Pet
9-
9-25
90C
Pfenne^ (J. C.) Co.—
Pennsylvania-Dixie. Cement
Bond
Union
1
(quar.)
share
(Newark, N. J.)
preferred
Fund
60C
.
6d
9-10
$$1
(quar,)
9-10
Metal
9-20
9-10
1
r
9-20
American
15C
9-15
1
Robinson
9-10
B
$5
Tubes, Ltd", (quar.)
Panhandle,Eastern Pipe Line Co.—
9-20
10c
Fund
Fund
Products,
Phge-Hersey
9-20
1
Bond
15c
preferred
Pacific
10-
Union
•
$3.60
9
Paper
Wire
Railway Co.
(quar.)
(.Minn.), common
Power
9-
News
Sugar
Corp
9-30
American
Union
10-
2
American
Union
30c
9-
b
9-
9-
(quar.)
American
8-15
$1.25
9-15
8-
(quar.)
American
Laundry
Machinery
American Locomotive Co., common—
7%
preferred
(quar.)
American Machine & Foundry, common
3.90d
preferred
(quar.)
9
$1.12%.
1
25c
_____
9-
preferred
9-10
9-15
1
9-
8-3'
75c
62Vic
(quar.)
(quar.)—
Inc.
Investment
Common
^5%
9-30
8-22
9-15
30c
Extra
9-10
9-10
(quar.)
8-27
75c
8-15
8-30
lOo
Co.
9-10
80c
Co.,
common
convertible .preferred (quar.)
Ohio
9-10
8-15
9-11
9- 5
50c
Products
Indemnity
9-20
1
10-
9-15
Corp.—
25c
9-11
2c
American
9-20
2
40c
3
2
1
2
Monthly
Monthly
.9-20
9-
10c
9-
18C
9-30
(quar.)
9-15
10-
2
9-
Co., common
Hydraulics,
23c
25c
Leather
Co.
Home
$$1.12%.
9-
9-15
(quar.)
American
9-
9-15
1214o
(quar.)
preferred
American
9-
9- 5
9-15
Leather¬
8-30
1
9-19*
9-15
$1.75
&
American Ins.
...
Stock
Hide
9-15
9-15
10-
30o
.convertible
1
10-
9-19*
35c
(quar.)—
9-10
20c
__________
10-
$1.23
American
1
10-
9-15
Felt
25c
$7yac
(quar.)
preferred
Funds,
Preferred
40c
(quar.)
10-
1
9-17*
$1.25
v
(quar.)
&
preferred
2nd preferred
ed
1
8-
held)
1st
6%
8-
9-
50c
common
Electric
7>/ac
.
:
93%C
(quar.)
9-15
9-
10-
Co.—
(2/I00ths
preferred
40c
8-20
(irreg.)
(Wis.) —
Power
preferred
Ohio
Co.
Gas
share
434%
9-17
1
City
American Hair
8-29
1
10-
8-20
$1.50
Growers
lantic
6%
9-
$1.75
(quar.)_
common
Electric,
A
8-29
_*
Insurance
Natural
9-15
11-
56 y4c
(quar.):
Extra
8-20
$1
9-18
$1.25
(quar.)___
Extra,;
9-15
(quar.)___
1
8-20
$3
(quar.)
dividend
Fund
1
Telegraph
&
common
10-
Fruit
Bond
10c
(quar.)_
Stock
9-20
9-15
9-
American Gas
9-23
Union
10-15
25c
(quar.)__
American
9-23
15c
Co.
Common
preferred
8-20
4
9-
25o
S'Sc
Corp., $3 pfd.
(quar.)—
preferred
25c
*
Steel
Hoe
$2.00
$1.25
•
Corp.
(increased)
General
8-29
Gas
convertible
Union
2
,37y2c
:
Car
American
1
4
9-
$1.75
quar.)
Socket
&
&
8-30
1
10-
Fork
1
9-
10-
5c
(accum.)
(accum.)
American
10-
8-15
10-
5c
pfd.
(quar.)
Forging
10-
9-15
9-
40c
Co.—
preferred
25c
—
9-12
25c
8-30
8-20
9-30
(quar.)
Foreign Power
preferred
(accum.)
American
8-22
t
2
(quar.)
$7
9-10
9- 3
Co.
$6
9-20
9-20
9-
10-15
25c
—
7%
Colotype
25c
prior preferred
Union
_______
1
8-18
(quar.)
&
9-20
10-
9-17
1
50c
conv.
(initial
American
10-31
1
Chicle
common
American
10-31
1
10-
50c
(Del.)
Williams
9-30
62y2c
1
12-
25c
Century-Fox Film Corp.—
Common (quar.)'
—
Milling
(quar.)
City Lines, common
preferred
&
25c
—
5
12-
1
9-
75c
preferred
$2.50
Quarterly
15c
(quar.)__,
8-29
Twentieth
40c
—____
(quar.)
Alfalfa
.5%
.Co.,
.
%
$4.50
10-
9-
9-15
25C
Corp., Ltd.—
preferred
(quar.)
9-15
35c
9-15
Co.,
non-cum.
American
Finance
1
._
5
75c
(quar.)__
10c
(irreg.)
(irreg.)
B
Nash-Kelvinator Corp.
1
9-
9-
(quar.)
Transue
9-25
9-15
7%
8- 8
10-
(quar.)"
com.
4%
Board
6
8-22
9- 5
75o
(quar.)
preferred
Can
9-10
8-
9-15
87yao
(quar.)
American Chain & Cable Co., com.
5%
preferred
(quar.)
8-29
Service
25c
class
Company
Telephone Co.
Kamm's,
preferred
1
25c
(quar.)
Insurance (St. Louis)
Note
8-15
1
9-
preferred (quar.)__
American Car & Foundry Co., common
1
tlOc
pfd. (quar.)
10-
J25c
Extra
American
9-20
Co.
Public
2
9-
Muskogee
Mutual
Paper
prior
9-10
8-28
9-15
2*
9-30
4 V2
1
5
$1.50
(quar.)
8-20
20c
Bank
preferred
20c
5
9-
9-30
8-28
9
9-
9-30
preferred
American Beverage,
9-15
9-20
9-15
9-
1
9-30
33c
quur.)_
9-10
Quarterly
6%
8-30
Company
(quar.)
Tip Top Tailors, Ltd. (quar.)
9-15
10-
10c
Traders
10-
9-30
9-16
50c
8-26
20c
;___
9-19
(quar.)_
Co.
9-12
62y2c
common
' (quar.)
8-20
9-30
9-
Thermoid
6
Automobile
9-16
(quar.)__
(increased)
1
9-12
10-
Co. (irreg.)
Asphalt Roof Corp.
American
$$1.25
(increased
8-15
American Arch
8-25
9-15
Corp.
Corp.
Mining
Texas
y
Hosiery
preferred
Co.
Texas
(quar.)
Corp
preferred
Mission
8-22
9-
convertible
American Airlines, Inc.—
3ya%
convertible preferred
8-30
(quar.)_
com.
8-15
9-10
Inc.—
(quar.)
9-12
9-
Co.
1
$$2
8-25
20c
Ltd.,
1
9-
93%c
8-22
New
Co.,
8-21*
9-
50c
(quar.)
9-12
9-15
(quar.)
5
America, common
2
25c
4V2V0
8-29
Valley Canning Co.—
—_
8-29
of
2
8-25
8-14
9-11*
9-
25c
(quar.)
Cement
9-
2
2
8iy»c
40c
(quar.)
preferred
6%
9-18
9-
35c
preferred
Aluminium, Ltd. (quar.)
Amalgamated Leather Cos.,
8-25
9-15
10-20
9-30
(quar.).
common
9-
9-22
(s-a)
Tacony-Palmyra Bridge Co., 5%
Talcott
(James) Inc. (quar.)
2
35c
35C
._
Co
9-15
15C
(auar.)__
Extra
9-16
9-
62y2C
—__
_
Consolidated Gas—
preferred • (quar.)
Minneapolis Brewing Co.—____
43/4 'k
8-30
50c
Sutherland
Michigan
Co.,
Aluminum Co. of Canada, Ltd. 4% pfd.
(quar.)
Aluminum Industries
(increased)
Railway & Equipment Mfg.—
Struthers-Wells
25c
25C
"
9-15
$3.75
Co.
American Box
_____________
$1.75
25c
2
8-30
27C
Mfg. Co.
Stokely-Van Camp Inc., common
5% prior preference (quar.)
Strawbridge & Clothier, $5 preferred
(quar.)—_
common
9-
9-10
37'/2C
Stearns
9-17
10-
9-13
62yac
Irregular
9-17
10-
25c
Aluminum
$1
Milling
Standard
8-21
Co.
Portland
American
Year-end
8-29
9-
$1.25
<quar.)__
preferred
Mojud
9%
Chemical
Standard
20C-"
Alpha
2
$1
Service
8-30
10C
(Louis)
9-15
Withington Co.—
(quar.)__
—:___—
Refrigerating Co., class A (quar.)
B
(quar.)
Co.,
Electric
9-15
—
Mfg.
9-15.
1
$1
Extra
9-
50c
9-10
9-13
1
9-10
10-
75c
(quar.)
(quar.)_
convertible
9-22
$1.06%
9-30
1
10-
9-15
25c
Co.__
50c
Merchants
Mesta
9-10
$1.75
(quar.)
Mercantile' Stores
1%
10-' 1
1
10-
1
$1
common
12y2C
—
preferred
$2.40
1
10-
9-16
40C
10-
8-15
1
15c
3y«%
Co.—
(quar.)
Co.,
(quar.)
9-10
Kaiser Co. (quar.)
McKinney Manufacturing Co., common
S%
convertible preferred
(quar.)
com.
Co.
9-10
McEwen
MJckelberry's Food Products,
Pacific
Southern Union Gas
Fund—
8-15
2
9-30
10-
25c
common
preferred
9-
40c
(quar.)
American
preferred (quar.)_.
preferred
(quar.)
1
____
Investors Second
9- 2
87'/2C
original
1
______
Corp.
$1.50
Telegraph Co. (s-a)
(Calif.) —
10-
—
4%
Edison
10-
(quar.)__,
8-25
62 >/ac
25c
,
9-13
Holders
25c
$1
(quar.)
Atlantic
11*
'37y2c
(quar.)
&
Southern
(quar.)_
Stores,
$50c
(extra)
Gas
&
Co.
Oil
Southern California
8-22
Allied
25c
!
(quar.)
Co.
Penn
9-12
9-10
8-29
60c
Co.
Electric
9-10
2
9-15
(quar.)
750
Hungerfcrd)
1
10-
Products
Corp.—
(quar.)
South
Allied
25c
(quar.)__
Hoist
&
preferred
9-15
__
Mapes Consolidated Mfg. Co.
Marsh (M.)
& Son, Inc.
Massachusetts
9-12
15C
(quar.)__
(increased)
Co.
C.)
(R.
Mangel
Carolina
1
2
$1.25
(quar.)
Co.
(initial)
$1.50
(quar.)__
preferred (quar.)_
Transit Lines
Mahon
(J.
South
10-
$1.12%
Fabrics of N. Y. (quar.)
Life & Casualty Insurance Co. of Tennessee—
Angeles
Smith
8-29
$1
9-
$1.13
(Alsop) Paint & Varnish—
preferred (quar.)
;
5%
9-11
Allls
(quar.)
Extra
9-12
Laboratories
12y2C
G.)
Manufacturing
8-29
1
Allegheny-Ludlum Steel
Allied
$1.50
Singer
9-13
10-
3
3
45
Payable of Reo.
50c
9-
9-
Allis-Chalmers
(quar.)
9-13
35c
Corp.
9-12
60c
preferred
(Frank
preferred
7fc
Alberton
Share
9-12
tlOc
When
Per
Name of Company
8-25
Internationa1.
common
Smith
9-10
37yac
Signal Royalties Co., class B (quar.)
Silknit, Ltd., 5% pfd. (quar.)
Simmons-Eoardman Publishing, common
$3
Liberty
Stock dividend
—
Liggett & Myers Tobacco, 7% pfd.
Lilly-Tulip Cup Corp.—____
Lor ilia rd (P.)
Co., common (quar.)'
New
9-15
1
Holiert
Payable of Reo,
25c
(quar.)
Mfg. Corp
Shepard-Niles Crane
5
(797)
30c
Sheller
8-30
$i.i2ya
(quar.)
Co
preferred
5% 1 class A
2
12 Vic
Inc.
Co
prior
Shattuck
8-30
9-15
When
37 VaC
Investment,
participating preferred (quar.)
Rubber Co.—
4 %
10-
$1
Works,
Canadian
Ltd.,
10-
25c
dividend
Lace
XI 3/4%
37y2c
Cash
Mfg. Co.
xiy4%
Kimberly-Clark Corp.,' common (quar J
4% convertible 2nd preferred (quar.)
4V2%. preferred
(quar.)
Kinney Mfg., $7 nQn-cum. pfd. (quar.)
Kleinert
(I.
B.> Rubber Co
May,
8-29
37yac
K^nnecott Copper Co. (quar.)
___
Special'
Keystone Steel & Wire (quar.)__
7%
Scranton
Second
Ciass
Los
Russell
10-
Share
Company
Manufacturing
8-30
x$1.75
CHRONICLE
20c
9-15
1
H.)
Metai
Art
1
10-
Company
(H.
Extra
Ruud
9-15
x25c
(quar.)
class A
$1.50 convertible
Name of
Robertson
Ronson
$1.50
$1.75
FINANCIAL
Par
8-29
$1.62 ya
37y2C
&
Holdere
Payable of Reo.
9c
Investors
COMMERCIAL
(quar.)
25c
2i>c
4iY4C
8-15
9- 2
8-
9-15
8-23
0- 2
8
8-15
9- 2
8-15
9-
2
8-15
9-
1
8-20
9- 1
8-20
(798)
THE
Per
Name of
Avon
Company
Allied
Avondale
Baldwin
7%
Inc.
7 %
pfd.
(s-a)_
Show,
common
Sons
&
Hydro-Electric,
preferred
Canadian
8-16
$1.50
10-
1
9-10
9-
8-30
10-
8%c
1-2-48
9-
1
1
Extra
8-15
Co
25c
——
9-12
40c
.
(quar.)—
10-20
$1
$1.7a
*———-
(W>
PI.)
10-
1
(quar.).
Barnsdall
Oil
Extra
Co.- (quar.)
Class
Bayuk
Power
A
Beck
S.)
"
9-
6
8-15
Central
6:
8-15
Central
$25c
quar.)
37'Ac:
(increased
quar.)
50c
Ltd.*, $1.40 pfd. (quar.)
Corp., 4%% pfd. (quar.)'
M&mnactut-ing'CO. (quar.)
Beldtag^Oorttcelli,*
common (quar.)
7% preferred (quar.)
Beiding Manufacturing Co.
(quar.)
&
Gossctt
■Extra
Bell
&
!
$35c
Co.,
■'
4y*%
preferred
(quar.)
Steel
Corp.,.
(quar.)
(quar.)
preferred
Mfg.
Extra
Co.
...
.
0%
(quar.)—
prior
Blaw-Knox
(quar.)—
Hose
&
>
Budd
Bucll
Line
&-
Bolt:
■
Hill
common
(F.)
preferred
Water
California
Co.,
Cotton
preferred
2
9-
2
10-
(quar.)
2nd
9-
9-
2
8-26
9-10
8-15
2
9-15
9-
1
8-12
8-30
8-11
10-
A
(quar.)
Iron
9-
2
9-
1
10r31
2
9-
2
9-
'9-20
<
'
2 '■
■
8-25
»
8-15
8-14
9-
8-291
2
2
8-
2
8-
5
11-1
•
9-
8-
2
9-
1
8-
7
Class
10-
1
9-10
Commonwealth Investment Co.
15c
9-10
8-1
8-30
8-18
8-
New
9-15
Ltd.
$6
preferred
$5
8-22
Community
9-
1
8-15
Conde
1
9-15
Confederation
10-
1
9-15
5
&
Nast
2
2
9-
9-30
2
20o
*
Southern
1
200
20o
17'Ac
50c
__
12-
1
9-25
9-11
10-
1
9-17
75c
10-
1
9-11
$5.60
.
10-
1
87yac
25c
—
9-30
9-
2"
10-
1
3.7'Ac
9-
1
9-
1
45C
25c
99-
2
8-
75c
9-
2
5
8-22
50c
9-
5
'Ac
6c
J
$'3
/ 4'/a %
.
9-25
10-
1
1 10-
1
i
Life
Assn.
Co.
50c
(quar.)
(Toronto)
Inc. .(quar.)
Connecticut Light
25c
(quar.)
$$1.50
& Power
9-10
8-26
Connecticut
Power
8-20
$10c
Connecticut
Rive-r
9-20
9-
1
$20C
9-
8-
9
25c
(quar.)
(quar.)
Power, 6% pfd.
9-
9-15
9-15
9-15
9-
10-
1
2
9-
2
1
9-20
Power
(quar.)
com.
(s-a)
$40c
(s-a)
Corp.
$30c
com.
(quar.)
*
$15c
$$1.75
$55'Ac
$15c-
$50c
9-15
8-29
8-30
8-15
8-30
8-15
10-25
10-15
,
9-19
9-19
9-
1
8-15
9-
1
8-15
10-
1
8-29
___
$25c
Canadian Food
Products, Ltd., com. (quar.)
SI Class A
$183/4C
(quar.)
$250
4V2% pref. (quar.)
"
Canadian Foreign
$$1.12'/a
Investment Corn., Ltd.—
910-
2
8-15
1
8-29
10-1
8-29
_
10-
1
8-29
10-
1
8-29
__
Canadian
International investment
t*.
Ltd., 5% preferred
(quar)
Canadian Oil Cos., Ltd.—
*7
preferred
preferred
(quar.)
(quar.)
8% preferred
(quar.)
Canadian Tire
Corp., Ltd. (quar.)
Canadian Western
Natural Gas—
4%
preferred
(initial)
$75c
Trust!
$$1.25
$$1
$$1.25
...
9-
2
8-15
10-. 1
9-19
10-
1
9-19
10-
1
B-19
9-
1
8-21
■
$$2
}25c
,
___
j20o
8-29
,
8-26
„
1
i
11-
3
10-15
3
10-15
9-30
9-15
9-15
8-
10-
8
1
9-15
10-
1
9-15
10-
1
9-15
9-26
9-15
9-26
9-15
9-
2
8-15
9-
1
8-21
9-20
8-
7
8-29
8-14
8-27
8-12
9-13
8-29
8-30
7-30
10-
1
9-12
$1
(Chicago)
(quar.)
1
8-20
9-30
9-15
25c
9-15
8-25*
93 %C
1
_
9-
30c
v
Casualty Co.
Ltd.
(quar.)
5c
40c
10-
1
9-15*
1
A
9-
3
9-
3
8-22
10-25
10-15
8-22
8-25
8-15
8-25
8-13
9-15
8-22
9-
25c
5
8-20
10-23
10-
10-
com.
9-10
8-15
15c
(quar.)
1
2-2-48
12-31
$50c
9-
$W2c
$25c;
li-
$25C
8-18
r
io- r
11-
l:
10- i
10-
l:
9-1
$50c
10-
$50c
10/
$25C
(s-a)
9-
>
1
"
^v 50q
9-
2
8-15^
9-
2
8-22
9-
1
50o.
;
10-
93%c
15c
-
8-29
r
9-20
9-15
15c
2:
9*
9-
2
8-15
9-10
$1.12Mi
5
9-
,
30c
"
1.
9-
15c,
____
:
9-1
8-15)
25c/
8-20
10-
•
8-22
9-20
9-15
8-26
30c-
;
1
20c
(increased);
9-10
8-22
15o,
9-10
8-22
$1.50
9-
2
8-U
$1.75
9-
2
8-U
$1.50
9-19
9- a
12-1B
la-1
$1.50
Inc.—
25o
io-
a
9-20
$15c
9-
2
8-15
75c
9-15
8-16
9-12
8-30
10c
9-16
9-
$1.50
common
8-25
$25c
(quar.)____
(quar.)
9-30
9-19
9-
8-25
25c
9722
$1.02'A
:
5%
9-18
15c
(quar.)__
99-
(quar.)
2
4
1,:
*
8-15
'
,
9-15 J
8-29
9-
3
12-31
$1 1-25-48
'
9r15
8r2i
;
"10-25
$1
'
v! 8.-15
»
1
28c
Equipment
6
9-12
'
$1.25
(quar.)__
9-
;ioT \
$1
pfd.
8-18
•9-30
9r.'2
25c
50c
5
4: 8-15
8-29'
60c
5
8-
2
50c
(quar.)
4.10% pfd.
Quarterly
•
I
5%
preferred, (quar.)
5%
preferred
8-30
$1.25
(quar.)
$1.25
common
30c
25c
-
50c
$1
(quar.)
9-
2
$-15
8-29
18-15
9-12
9-
2. "
25c
50c
r
Farmers & Traders Life
Insurance Co. (Syra-
8-29-
$2.30
(quar.)
9-
1^-^-15
J 1 8-29
' 6- «
2 ; ' 8-15
-10"
Rico
Co.
11+15
10-15 ■*') 9-30
25c
50c
r
Corp.
:8-i5
1
12-
.
(quar.)
5%
preferred (quar.)
Fair (The)
Fairbanks Morse & Co.
(quar.)
Fajardo Sugar Co. of Porto
Quarterly
Birmingham
8- 1
,
$25c
'Common
(quar.)
Emsco Derrick Si
Farrell
2
9-15.
*
(quar.)
Ltd. (quar.)
Empire District Electric,
Brewing
9-30
$$1.25
::
(quar.)__
Extra
9-30
12-31
11-1
$5
Gas,
Inc.,
1
2-2-48'
Ltd.—
(quar.)
class A (quar.)
Watch
Co.—
8-15
11-
$25c
/
Railroad
9-17
1
$$1.25
Co.
Inc.,
guaranteed
9-30
9-
$25c
____"
—
:
2
1
8-29
$$1.25
(quar.l
preferred
Natural
Falstaff
8-30
Ltd.—
i
value
Corp.
Corp.
Eversharp,
8-11
9-10
15c
Dry Goods
Emerson Drug Co.,
8% preferred (quar.)
Empire & Bay State
Telegraph—
Erie
8-11
-
$15c
_____
Walker
4%
8-25
1
9-
V*1
V.,
.
(quar.)
Ltd.,
Common
&
9- 2
9-10
9-
25c
com._____
Products
National
Paso
Ely
1- 5
8-29
75c
(quar.)
Manufacturing
prior
Elgin
El
9-15
9-15
$1
A., Inc. (increased)
(quar.)
par
Extra
4%
preferred (quar.)
;
Continental Assurance
(Chicago)
(quar.)__
Continental Can
Co., common (interim)
3%%
preferred
(quar.)
^
Continental Car-Na-Var
Corp
Continental
no
"
11-
S.
Co.
Steel
"
8-14
11- 8
: -15-48
T5c
preferred (quar,)
33A% pfd. (quar.)__:
preferred A
Electrolux
1
11-15
50c
4^%
Electrographic
8-15
10-
12-23
9-
62'Ac
Shoe-^
1st preferred
6%
8-15
(quar.).
$1.50
Connohio, Inc., 40c preferred
(quar.)
10c
Consolidated Chemical
Industries, Inc.—
$1 partic.
preference class A
(quar.)
„v
37'Ac
$1 partic preference
class B (quar.):
37'Ac
Consolidated Cigar
Corp. (quar.)___
50c
Consolidated Edison Co. (N.
Y.)_.
^_____
40c
Consolidated Gas Electric
Light & Power
Co.
(Bait.), common (quar.)__
90C
4%
preferred
(quar.)
$1
4'A %
preferred
(quar.)
$1.12'A
Consolidated Grocers, common
(quar.)
1
25c
5%
preferred
(quar.)
$1.25
Consolidated Laundries
Corp. (quar.)_
25c
Consolidated Paper Co.
(quar.)
25c
Consolidated
Paper,
Ltd
$50c
Consolidated Textile Co.
(irreg.)
35c
Consolidated Water Power &
Paper (quar.)
50c
Consumers Gas Co.
(Reading, Pa.) (quar.)__
30c
Consumers Glass
(quar.)
$50c
Consumers Power
Co., $4.50 pfd. (quar.)_.
$1.12'A
Container Corp. of
America—
10-1
12-23
75c
(monthly):
Bradstreet, Inc.
Paper Co.,
Common
Electric Ferries,
9-15
9-
10- 1
$1
Investments,
1st
Eaton
2
75c
9-10
37'Ac
(accum.)
U.
Eddy
9-10
56'Ac
Co.
9-10
9-30
$4
Electric Corp.
Eastern
3
9-15
8-28
9-30
25c
Eastern Racing
Association,
8-25
9-
8-22
lc
(quar.)"
6%
8-15
.
8-30
9-20
35c
(quar.)
8%
9-10
1
8-29
Co
St. Louis &
Interurban Water Co.—
6% preferred
(quar.)
7% preferred
(quar.)
Eastern Massachusetts
Street Railway—
,
$37y2c
Fields
L.)
$2 par and
$1.25
5
50c
East
00
9-12
'
(W.
Picher
Extra
,
00
8- 9
9-
(quar.)
(quar.)
Paper, .Ltd.
Eagle
9-10
8-25
9- 2
•
60c
preferred
(quar.)
Plastics & Chemical
Durez
8-22
(Del.)—
;
*
Drewry's Ltd.
8-12
9-
35c
.'
Corporation,
Industries,
Dumont
Dun &
8-15
9-10
2 "
$1.75
(quar.)_
Dresser
8-15
50c
1
8-18
$1.75
prjlor preference__„______
Drug Co. (quar.)
Pepper Co
Dr.
Dravo
4
50c
8- 9
(quar.)
convertible
Dow
8-15
1
25c
—
$1
9-20
9-2
9-10
9-
/
8-18
9-25
$1
Brothers, Ltd.'(quar.)
"
8-20
2
9-
9- 2
92'Ac
l_
preferred
Douglas
8-20
50C
8-18
v
Voting trust certificates
(quar.)___
Donohue
8-19
$1.50
2
50c
common
preferred
$1
9-15
9-
(s-a)_
Sons
A
Oil
Donnacona
9-11
8- 1
8-11
$1
:
]
8-1
1
933/4C,
'Yt
'
9-
8-25
93 %c
•
"v.
1
45c
.
Dominion Stores, Ltd.
(quar.)
Dominion Tar & Chemical
Co., Ltd.-—
Common (quar.)
^
9-30
$1.75
&
Co.,
5% ; preferred
12-15
10-10
(H.)
class
Dominion-Scottish
11-15
1-1-48:
8-20
9-
65c,
Co
preferred
.
5%
10-15
8-20
15c
Co.
Corp.-Seagrams,
Cup
5%
9-15
1
Corp.-r-,
Congoleum-Nairn,
8-20
1011-
8-14
8-30
8-30
26c
$37y2C.
$17'Ac
$$1
Dominion Malting
Co., Ltd.,
Common (quar.)
8-15
2
8-18 i
25c
Dominion & Anglo
Investment Corp.,
5 %
preferred (quar.)
:_.
9-15..
9-
8-22
9-19-
9- 2, "
Co.—
Chemical
Alkali
Dominguez
Monthly
8-11
9-15
'
B
$2.50
8-11
9-
12'Ac
Publications
9-20
2
9-
30c
„
Dixie
,
9- 5
9-15:
20c
______
Realty
Tunnel
Almy
Distillers
8-15
20c
-
(accum.)—
$32'Ac
Ltd.—
1
(s-a)
(quar.)
River
Disston
3
25c
(initial)
(quar.)__.
Public Service
10-
9-
9-
preferred
Class
preferred
15c
15c
8-28
9-
Stove
Mortgage &
8-28
50C
Approved by SEC on- Aug. 19
Commonwealth Telephone Co.—
2
63c
34%c
9-15
9-12
r
8-25
A
4%
preferred
(quar.)_.
Diebold, Inc.
(quar.)
Dl Giorgio
Fruit, class A
8-11
87'Ac
(s-a)—
Quarterly
4
9-
common
Commonwealth
4
8-
2
9-15
25c
—
Commoll,
7
1
9-
50c
—
Commercial Shearing &
Stamping-
.
5%
B
7
1
8-11
25c
(quar.)
50c
_
Safeway, Ltd., 4'A% pfd.
(initial)
Vinegars, Ltd. (quar.)
Canadian
Breweries, Ltd. (quar.)_~_
I
Canadian
Fairbanks-Morse Co., Ltd.—
Quarterly
.4%
preferred
7
9-15
2
I
.
$1.75.
6%
2
$1.25
(quar.)_
8-
9-
9-
9-
1010-
'
'
share
Match
Co., common (quar.)___
participating preferred (s-a)
Diamond
Povtlai;d
Cement
(quar.)
Dictaphone Corp., common
8-15
9-15
each
Diamond
8-15
1
$1.25
—.—-
8-
$1.75
9-15
1
9-
for
Y.)—
quar.)
(quar.)
Union Stock Yard
Dewey &
Diamond
$1.75
11-15
11-10
$1.75 2-16-48 2-10-48
*
1
$1.12'A
9-30
$1.50
—
—
Co.—
1
9-
(quar.)..
(quar.)
preferred
9-
15c
1
'
8-15.
9-18i
1
$1
preferred
Detroit
1
8-
9-
20c
(monthly)
9-
8-
8-
9-13
9-18,
8-30
75c
!'i
(quar.)
(N.
'
10-
$1.12'A
1—
Canada—
Co.
Supply Co.
Detroit
8-3*
$5c
(quar.)
9-
1
1
9-15
$1.75
common__I_.
Hudson
8-13
preferred
6%
8-15
1
8-15
8-13
9-30
$1.25
—
(quar.)
Detroit-Michigan
9-15
\
$15c
Columbian Carbon Co.
(quar.)_.
Columbia
Broadcasting, class A
8
2
1
9-
234%
(increased quar.)
25c
Canada
Canada
Quarterly
$3
10-25
9-15
9-
2
9-
$1
:
Industries,^ Inc.
1
9-
121AC
(quar.)
guaranteed
10-
&
7%
Denver
9-15
10-
•
-
(interim)
Floor
Products.
7%
8-18
8-18
1
$1
Colorado Fuel & Iron
Corp.—
5%
convertible preferred
(quar.)
Colorado Milling & Elevator
Co.j common..
5
9-
9-12
35c
—,
Dentist's
8
9-12
10-
share
Power & Light—
3.70%
preferred
(quar.)
4%
preferred
(quar.)
;_
2
8-
A
1
(Irreg.)
Delaware
.
$1.25
_____—
com.
2
A
Havilland Aircraft cf
Delaware
8-25
8-26
$1
common
$15c
___
(quar.)
Chattanooga—
4% preferred
(quar.)_
Colorado Central Power
8-15
9-
9-
75c
-v
$187'Ac
(quar.)_
pfd.
(quar.)
Collins & Alkman
Corp,_
Colonial Ice, $6 preferred B
(quar.j.-^.
Colonial Stores, common
(quar.)
8-15
2
9-
75c
87'Ac
(quar.)____
pfd.
Forgings,
$3.50
8-19
ft-
8-23
9-16
*
Iron "(irreg.)_:____
:
Light," common.——~___
&
preferred
Class
9-
'
—
Company,
Delaware
8-23
9-15
$1.50-
(quar.)
De
9-15
25c
———
4%
7%
1
$2
(increased)
"
8-15
9-15
Power
&
9-
40c
_
8-20
1
25c
(quar.)
(quar.)
Colgate-Palmolive-Peet
8-18
8-26
4
9-
9-30
25c
—
...
preferred
Northern
l
9-15 ^
9-
(s-a)
8-22*-
2
"v
,
.
Deere
RR.—
Monthly
Clopay Corporation (Initial
quar.)__:__
Cluett Peabody &
Co., common (interim)
7%
preferred
(quar.)_
Coca-Cola Company
Coca-Cola International
Corp.__
•
(i
io«
8
1
20o
2
9-12
25c
...
Bend
—
8-20
r
10-
11-
75c
——
10-10
ft-
8
30c
—
9-15
9-
12'Ac
Monthly
8-20
10-20
8-23
1
75c
—
Lambert
special
Clinton
8-15
9-
15c
20C
(quar.)__
quar.)
conv.
4%
10-15
9-15
12'Ac
com.
of
2
87'Ac •:
8-15
15c
Co.,
Co.
9-
10-
B
8- 8*
9-
r
____
*
additional
8-15
9-10*
9-15
-$1
Sugar, 5% preferred (quar.)
Co.—
8-15
1
$1.05
33A% preferred A (Initial
quar.)_
33A% preferred. B (initial
quar.)________
Deep Rock Oil Corp.
,
(quar.)
South
Electric,
preferred
$1
75C
art
Ddyton
~
30c
(quarj___.
Corp.—
(quar.)U
Dayton' Malleable
8-20
10-
8-29
50c
Leather, Ltd./ class A (quar.)-______l_
Class- B
.(quar.)-l.—1———
9-5
1
preferred
1
8-30
40C
.
held
Class
8-15
9-
9-15
9-
____^
Davenport Besler Corp., class
—
(quar.).
preferred
10- 1
common
preferred
of
9-15
4'Ac
Davis
8-15
•
•8-30
*
;
&
%
8-11
20c
preferred
&
9-10
8%
non-cum., class
-
9-19
8-25
$1.25
CUshman's; Sons,-Inc., 7% preferred,
(quar.)
Dana Corporation (stock
dividend)—
'
8-11
10- 1
25c
2
28 Vac
■
$2
9-2
*
2
9-
933Ac
(quar.)
Curtis
Publishing, $4 prior pfd; (quar.)
Curtiss-Wright Covp.-r- *
9-10
9-15
$1.50
7%
regular guaranteed
(quar.)___
Cleveland Quarries Co.
(quar;).
Climax Molybdenum Co
Concen¬
-
&
8-30
"9-20
1
9-
40c/
1
Securities
preferred
4 'A %
8-20
25c
'
(quar.)_
8-20
30c
$1
—
Foundries, Ltd.,
preferred
1
25c
Mills
(initial
Forster,
Forster
"
"
9-20
9-2
$1.12y2
preferred
Mfg.
Clearing Machine Corp. (quar.)
Cleveland & Pittsburgh RR.—
8-31
50c
_
preferred
&
&
Cuban Atlantic
Curlee Clothing
8-15
9-30
9-
$25c
,
Crum
8-15
9- 2
$1.121A
;
—
(quar.)
com.
—;
par
Gas
preferred
Clayton
9* 1
17'Ac
-
Crum
1%
8-28
$$1.25
:
-
9-20
15C
-*•f—
preferred
5%
8-25
9-
10-1
75c
——-—:——.
Water
5%
8-15
.
-
(quar.)
7%
2
35c
——
Clark Equipment
Co.,
8-31
$1.25
(quar.)-
6%
RR.
—
1st
City
6
9-15
5C
preferred
9»
Common
9-10
10-15
40c
International Corp.—
Inc.,
8-15
8-15
8-22
8-28
9-25
8-15
8-9
8-11
8-11
9-2
8-23
9-10
$1.31'A
Overall Mfg., 6%
prior pfd. (quar.)_
Zellerbach Corp. $4.20
pfd. (quar.)__
$4 conv. 2nd
pfd. (quar.)
.
Co.,
i5C
20c
(quar.)__
(quar.)
(accum.)
o/ip
8-3o
.
Crown
8-15
15C
—
(quar.)
Hill
1st
7%
8-22
1
50C
Forge Co.,5'A%
non-cum.
7%
8-21
28 Vac
__
Campbell Wyant & Cannon
Foundry
Cement Co. $1.30 pref.
(quar.)
Canada Crushed Stone
Ltd. (quar.)
Canada & Dominion
Sugar
Canada Foundries' &
Canada
9-
20C
com.
9-16
A
Holdert
8-30
75C
pfd.
A
Payable
20c
Crown
8-15
/9- 2
-
90c'
(quar.)
Transit,
$2.50
7%
9
9-15
_
Canada
6%
8-22
9-
90c
(quar.)
Common
Canada
8-15
2
9-20
30c
California Electric Power
Class
8-25
9-
12'Ac
Corp.,
(quar.)
40c
$1.25
50c
City Auto Stamping Co. (quar.)
City of New Castle Water, 6
pfd.
City of Paris Dry Goods—
8-13
25c
convertible
$2.50
8-25
$1.25-n>
Burlington- Steel Ltd. (quar.)
Burroughs Adding Machine
(quar.)
Burton-Dixie Corp. (quar.)
Butler Brothers com.
(reduced)
Camden
8-15
ioc
&
9-15
4'/2%
class
Crown Cork & Seal
Co.,
$2 preferred
(quar.)
8
70c
Co.
Cork
Class
8
8-
'
4% preferrred (quar.)—
Cinecolor Corp.
(Initial)
Cinzano Ltd. 5'A % pfd.
(s-a)
Circle Bar
Knitting, Ltd. (quar.).
Extra
8-12
2'Ac
Mfg.
Mills
preferred
3'A %
preferred
4'A%
2
2
10-15
1
—
common
Mining
(quar.)
8-
1
——
Machine,
8-20
9-
$1.10
(quar.)
4%
Butler
9-15
9-
___•—
Extra
Burlington
3'A%
8-11
8-20
$2.50
(quar.)
Sullivan
1
9-
Sexton
Crown
8-15
9-
&
Capital Corp.,
2
10c:
4% .preferred (quar.)..
5% preferred (quar.)
Cincinnati Milling
8-20
9
$12'Ac
——
Brothers
Burkart
1
9-
1
$25c
Ltd
&
Co.,,
Extra'
Buntc
9-
$30c:
pfd:.. (quar.)
(increased)
8-30
$1.12 'A
Textile
Cincinnati
2
9-
$37'Ac
„
trating
9-
^
25C
CO/
Fund,:
Bunker
9-15
New
8-15
'
-
Co._
Buffalo Forge
Bullock's,) Iho.'
Bullock
8-20
1
933Ac
Co
Machine
9-
interest-
(quar.)
Chicago Yellow Cab Co..
Chile
Copper
(increased)
Chrysler Corp., old $5 par.
8-29
50c
(quar:)_.
Pipe
Die
Buffalo
9-
9-15
9-
-—
Company $G preferred
1
—-
Reduced
8-15
50c
___
quar.)
beneficial
Co.__:
Extrft
8-15
62'Ac
_
Brunswick-Balke-Collender,
$5
Buckeye
9-
60c
;
(increased-
10-
Products—
Chicago South Shore
8-15
9-
30c
;
Mills:—
preferred
5
30c
—
A
Manufacturings 4'A %
Extra i
9-
9-
50c
,__
Silk
of
(quar.)
preferred
Crown
8-15
27 Ac
Chicago Corp., $3. preference (quar.).——
Chicago Mill & Lumber • (quar.)
Chicago Rivet & Machine (quar.)
9-20
_
Common
Cribben
2
1
West
convertible
Chestnut
9-20
50c
Brooklyn Borough Gas, 4.4%
pfd. (quar.)__
Brooklyn Garden Apartments
Brown-McLaren Mfg. Co.
(quar.)
Brown Shoe
Co., common..
$3.60
preferred
(quar.)
Brunner
10-
10-
50c
Note
.
8-20
9-
9-
75c
__—
10-
$1.50
—
_
Bruck
3'A%
8-11
15c
BristOl-Myers, common (interim)
3%%■ participating preference
(quar.)
class
8-20
2
$$1.75
—
(quar.)
prior pfd.
Belt
Common
9-20
60c
Sons
B
8-21
9-
56'Ac
—__
Brager Eisenberg, Inc. (quar.)
Brewing Corp. of America (quar.)_
Convertible
2
30c
(quar.)
(quar.)..:
British Columbia
Packers, Ltd.—
9-10
*
Corp.—
Chesapeake & Ohio Railway Co.
8-21
$1.05
Rubber
British-American Bank
9-
$1.12'/a
Edison-:.
South
Cherokee-
8-21
$1.50
.—
&
2
2
9-
$1.25
(quar.)
Real Estate Trust
(quar.)
'.—
Bower
Roller
Bearing _(quar.)_
.;
Bowser, Inc., $1.20 preferred
(quar.)
Boyertown Burial Casket
(reduced quar.)__
Brach
J.)
9-
20c
——
States
Charleston
5
87'Ac
Boston
(E,
9-10
//.'
(irreg.)
Paper Co.
Si
4'A%
Chain
8-15
ft-
9-
•
30c
(interim)
9-
15c
(quar.)
Coke
Champion Paper & Fibre
$4.50 preferred (quar.)
Charis Corporation • (quar,
'
15c
—
(quar.)
(Sidney)
& Co.
Woven
1
9-30
$1.50
—
(quar.)—
Manufacturing
9-
Central
Certain-Teed
8-15
9-15
$1
Company—
Company
1
10-
common—
pfd.
Blumenthal
9-
1
8-14
$1
(quar.)
(jo.
conv.
Class
8-15
50c
preferred
(E. W.)
Boston
8-14
1
$1.50
__
Boss
2
$1.25
(quar.)
Birmingham Water Works, 6% pfd.
(quar.)
Black Hills Power &
Light,- com. (quar.)
$4.20
preferred
(quar.)
Borden
99-
$1.75
Manufacturing Co,_
Son, Inc., 5% preferred
Birmingham Gas Co., common
$2.25
2
50c
&
Bliss
9-
50c
common
Carpet,
preferred
$3.50
8-16
50c
—
Sinks
Bird
8-18
2
—
Bigelow-Sanford
pfd.
-
_—
■
25C
Corp.—
Initial
semi-annually———
Central Steel & Wire, 6%
pfd. (quar.)
Century Ribbon Mills (quar.)—
8-31
2
25c
Bessemer Limestone1 & Cement—
4%
preferred (quar.)
'
1
50c
•
'
8-31
9-
$1.0644
————
—
preferred
1
9-
25c
«.
——.—
convertible
Bibb
10--
lbc
_
Extra
1%
Central
12'Ac
Berkshire Fine Spinning Associates—
Common (quar.) ;
9-19
50c
4'A%
Foundry Co: 5%- pfd.
Illinois Light Co.—
Central
8-18
10-
—
(quar.)
,
Bethlehem
8-15
2-
30c
—
Bendix
Aviation Corp..:
Berghoff Brewing Corp. (quar.)
$5
ft-10
9+2
9*
$$1.75
—
—•—
-
8-18
15c
Mfg; (irreg.i
(quar.)
common
8-28
2
10-: 1
30c
1—Aw——--v.—~15c
Howell
Extra
Co.
9-
$$L50
-
&
8-15
8-15
10-
(quar.)___
4'/2 %
preferred -(quar.)——
Central Ohio Light & Power—
3.6%
preferred (quar.)
Central Ohio Steel Products
8- 4
9-12
$1.18?/*.
—
__—
Bell
0-2:
.
(increased
Ccu
Belknap Hardware
8-18
99-
$2
50C
4% preferred ctfs.
Central Cold Storage
9-
Inc.
Shbe
9-15
1
50c
$1.06'/*"
Telegraph
(quar.)
Co.,
common
preferred (quar.)
series A
Coro, Inc. (quar.)
Cory Corporation
(quar.)
Corrugated Paper Box Co.,
Ltd.; common
5%
preferred
(quar.)
Cosden Petroleum
Corp. 5% pfd. (accum.)_
Crane Co., 33A%
preferred (quar.)
B-15
When
Share
Varnish,
(quar.)
Copeland Refrigeration
(lrreg.)
Cornell-Dublicr Electric, common
11-15
(interim)
&
Per
Company
&
prior
$5.25
9-
12-
(quar.)
&
8-16
37y2C
Co.
preferred
Coal
8-26
Paint
$3
•
—
Beiden
$1.10
Central
9-
Inc-.
Mills,
Lumber
(A.
Paper, Ltd.—
(quar.)',
Cigars,
Beaunit
Beaver
&
Common
8-30
8-29
15c
-
■
8-30
25c
—
—i—
Bathurst
8-25
8-16
37y20
'—:
Scott
8-26
$3
.
Co.
Name of
9-10
wmnanrMwl-nn---
(quar.)
Steel
1
25c
(quar.)
Cassidy's Ltd., T/o preferred (accum.)
Caterpillar Tractor Co. (quar.)—
Central Arizona Light & Power—
9-30'
30c
—'w-i
10-
Oak-
&
Paper
Payable of Ree.
*37/;:c
common
'
Monday, August 25,
1947
Holdert
Cook
(quar.)
Pirte
9-15
15c
&
Carson
9-10
25c'
Manufacturing Co; (quar.)——
Seellg Mfg., class A (quar.)__:
Barlow
2
9-15
$25c.
*
Extra
9-10
9-
.«»■
Telephone
Carpenter
9-10
$25c
—
—————.
Co.
(quar.)
Co..
Carpenter
1
1
nl_1
preferred
Carolina
8-29
10-
10-
$1.50
*
(quar.)——
—
Barber-
4 'A %
8-15
9-
&
When
Ltd.—•
(quar.)
i»
Carman
12-9
5c
Security Life Insurance SocietyQuarterly
Barcalo
Products
Preferred
ft
15c
common
Ltd.
ft.
—
*
City
Capweil Sullivan & Furth
8-15
1
CHRONICLE
Share
Boxes,
(quar.)
A
EXtrdl
8-15
(quar.)—
(quar.)—
Capital
8-29
2
Bankers
Barber-Ellis,
9-15
Company
Wlrebound
class
Preferred
(quar.)——
preferred
8-15
1
83Ao
(quar.)———
(Joseph)
Bangor
1
9-
$1-25
(quar.)
(quar:)
preferred
Radio
preferred
7%
7%
preferred
convertible
4%
Works,
Inc. (quar.)
Poiceiain Steel—
Bancroft
Name of
9-
2<>P
$1.05
Building,
Baltimore
Payable of Rec.
7c
(quar./
FINANCIAL
Per
20c
(monthly)-
&
Holdert
7c
convertible
-6%
(quar.)
common
Locomotive
Baltimore
-
Share
Products
Mills,
Monthly
B/G Foods,
Balfour
When
COMMERCIAL
;
46
*
10-
1
8-15
9-10
9-30
.Farquhar
"9-2
8-15
Fashion
(A.
Park,
1
-t
j
-t
B.)
Co.
Inc.
(quar.)
(quar.)____
25c
9-24
9-
5
50c
Extra
10-15
9-24
9-
5
18%c
.9-10
50c
11-
1
$,20
10-15
-
Volume 166
Number 2623
THE
Per
Name of Company
.
.
.
.
Federal Insurance Co. of N. J. (quar.)
Federal Light & Traction, $6 pfd. (quar.)__
Holder•
Payable of Reo.
Per
Name of Company
,
35c
10-
1
9-20
Gulf Power
$1,50
9-
1
8-18*
Gulf
_____
Mining & Smelting__
:
Federal-Mogul Corp., new common (initial).
$1
9-19
8-21
40c
9-10
8-29
Federal Water & Gas
30c
Federal
Corp. (quar.)—_
Fenton United Cleaning & Dyeing
Fibre Products of Canada, Ltd. (initial)
Fidelity Fund, Inc.
(quar.)
Field (Marshall) (see Marshall Field)
Finance Co. of America at Bait.—
Class A
(quar.)
Class B
& Rubber 4(4% pfd.
First Bank Stock Corp. (s-a)-_
Firestone Tire
Carpet
Firth
5
Hajoca
9-15
8-15
Cash
20c
9-25
9-
Corporation
dividend
Hallnor
Mines,
9-
5
Hamilton
Cotton
9-
5
Hamilton
Walcli
40c
.'
9-
5c
•
preferred (quar.)
Fishman (M. H.) Co., Inc. (quar.)
Fitz Simons & Connell Dredge & Dock Co.—
8-15
9-10
25C
_
1
9-
2
8-15*
25c
9-
8-15
Co.,
Co.
of
;
9-
1
8-21
9-1
-25C
.
Stores, Ltd.—
class A (quar.)
5% non-cum. participating class B (quar.)
7% preferred (quar.)_
7%
preferred
(quar.)*.
20c
8-20
Class
B
20c
9-
1
17 %c
9-
1
8-20
17 %c
12-
1
Hanna
11-20
___
8-20
Company, .common
preferred
$4
Food
50c
(quar.)__:
Corp.,
Machinery
(quar.)_—
preferred (initial quar.)
Bridge Works_.l-___
3lA7c
$1
$4.25
preferred
Wayne & Jackson RR. Co.—^ '
514 % preferred (s-a)
Foster-Wheeler Corp., 6% prior pfd.
&
Simon
414%
Sixth
West
Four-Twelve
Freeport Sulphur
Fruehauf
Trailer
Gair
$1.06 Va
15c
Initial
quar.,
pfd.
Corp.
Brewing
Cigar
preferred
Hawaiian
8-18
Hazel-Atlas
8-18
Hecla
9-30
9-2
75c
y;Y
_______
10-
1
9-
$2
10-
1
9-19
8-25
8-15
100%
,
12 y2c
Motors Corp., common—;
$5 preferred (quar.)
$3.75 preferred
(quar.)—
Outdoor
Advertising,
Plywood
Corp.
General
Refractories
General
Hobart Mfg.
Holt (H.) &
11-10
9-13
8-21
10-
1
9-18
10-
1
9-20
1
8-8
$4 25
8-14
Hoover
75C
9-10
11-
1
10-
11-
1
10-
preferred
25c
9-
Horn
9-26
9-
&
*,
Brewing Co.,
Class B
Co.
8-19
8-29
8-19
15c
/
V
Co.,
4(4%
common
$5 junior preferred
5%' 2nd
Godman
preferred
(H.
C.)
Brewing Co
9-
9-15
9-5
9-11
8-29
60C
(s-a)
(s-a).;
1
10-
1
Gcmdall-Sanford,
9-
$2.50
,$5 preferred
y
8-21
Manufacturing
Gossard
(H.
W.)
National
Grafton
&
Grandview
5c
9-12
Mines
Atlantic
9-
9-
2
9-15
.$1.25
preferred
Great Eastern
Great
2
8-27-
9-15
8-25
8-25
8-
1
class
new
10c
9-15
8-20
$1
8-30
8-13
9-
8-30
$1.75
Green
B
Mountain
30c
(s-a)
new
preferred
$6
1
9-
162 y2c
9-30
Agricultural
2
9-
$1.50
_
1
9-
9-
Shares
shares
'•
:
:;
;;
Y
'f'
V,
/;
shares.:
shares
Merchandising
Extra
u
Extra
Extra
■-Steel
Stock
shares
6c
J
5%
8-15
8-.15
8-30
8-30
4C
8-30
:
6C
—
5c
-
—
,
—
8-30
V
2C
1st preferred
(quar.;)'—_L_—"
Engineering (irreg.)
Corporation-, (quar)—L_—
Aircraft
L-
—
—
__________
_
75C
•
8-30
4
50c
8-15
1
9-
1
1
9-25
9-21-
25C
10-
1
25C
10-
1
8-11
,
9-
5
2
8-14
9-
8-31
25C
'
7-31
9-30
f40c
75c
$1
9rl0
9-
2
9-20
9-30
9-30
8-
9-
6%
5
9-
1
22 V4c
—
$1.20
40c
8-29
1
10-
9-15
(G.
R.l
Co.
com
prior
pfd.. (quar.)
I
May
2
(initial
Department
Stores
-
(quar.)
(quar.)
2
$3.40
preferred
7%
9-15
8-29
9-15
9-
2
8-
9
9-
2
I
10-
7
30C
pfd.
A (quar.)
preferred (s-a)
(quar.)_,—
;
$1.25
35C
31V4C
9-10
9-27
1947
8-25
1
9-19
10-
9-20
9-
9-15
6
9-
——
10-
1
9-
1st
1st
9-10
95C
9-
1
8-15
$$1
9-15
8-30
9-
2
$1
9-
2
5
8-25
25C
9-
5
J3c
8-28
—
30c
9-
1
10-
1
20c
25c
25c
1
9-15
10-
1
9-25
7:8-15
8-30
9-15
9-10
9-25
9-10.:
$1.25
8-25
8-
8
1
8-14
;
9-10
9-
9-25
8-15
2
8-
7
v
8-25
8-14
8-25
8-14
$50c
9-15
8-15
9-15
8-15
60c
9-10
8-25
93 %c
85c
_____—
preferred
1
8-15
9-
1
8-15
9-
1
8-15
9-
/
1
8-15
43%c
8-31
43 3/-c
11-30
25c
(quar.)
8-29
—
______—
25c
$50%c
9-10
2
9-
8-30
<■,
11-2P
8-15*
8-27
8*
1
35C
9-1
8-12
50c
9-
1
8-12
9-
1
8-12
9-30
9-20
$1.06%
25c
—___
Corp. of California—
(quar.).
(quar.)—
Transportation Co.—
_____
25c
0-
5
8-30
30c
9-
5
0-30
50C
——
35c
Y
,i,
..
...
.1
.
.......
in
$1.50
■!.
,-t
L
Textile,
Motor
I,,
(quar.)__
$3.25
.H.bi
partic.
pfd.
Middle-sex
Water
Co.
preferred
5
8-15
9-10
9-
2
9*
2
9-19
50c
2
9-
8-30
8-22
8-11
IP-
1
9-
35c
9-
1
8-15
3c
9-
2
8-,19
2
4
8-22
75c
9-
tsoc
10-
1
9-12
$1 25
9-
1
8-20
$1,27%
9-
1
8-20
(quar.)__——
4-;-—
-(quar.)
8-30
9-
97 %c
!•';
Minneapolis Gas Light, 5% pfd. ,(quar.)___
$5.10 1st preferred (quar.)
5»/a%. -preferred
9-25
9-10
81%c
-
Co._
Company
P-12
9-30
?5c
<quar,)_—
______
9-12
1
50c
—•.
_—
Co
Car
9-11*
1
$1.75
(quar.)___
I, i
9-30
1010-
$1.62%
preferred A (quar.)
Thermit Corp., common
Abrasive
6%-
9-
75c
;
Co., common
preferred
Midvale
•
9-
Miners
&
-Mid-West
9-24
$1.50
&
Meteor
8-9
$1.50
.
7 7o
Metal
7-31
(quar.)———,
(quar.)
9-12
8-28
10-
/ 12+ h
Metropolitan Edison Co., 3.90%" pfd. (quar.)
Michigari Public Service (quar.)*.;.———
8-25
(interim)—
9-30
25c
*12-15
8-18
—
8-29
9-20
^
•
Y
8-28
8-25
1,
Acceptance
fftfbg
.
8-18
9-
&
6'4%
Metal
50c
10-
9-15
(quar.),
—
preferred (quar.)__——
Mergenthaler Linotype
(Increased)
Merritt-Chapman & Scott—
8-29
25c
8-15
9-15
5c'
(quar.)—,
preferred
preferred
Quarterly
5
30c
(Irreg.)———
8-16
9-15
3(4 %
5
$1.25
8-15
8-30
9-5
93 %c
fquar.)
preferred
5%
6
10-
8-25
9-30
quar.)—
Mcgowen-Educator Food Co.—
50c class A (accum.)
6%
8-28
50c
;—
8-30
62 (4 c
Corporation
Merchants
10c
•
10-1
(increased) __Z
(initial
series
preferred
Mercantile
8-25
60c
—
•'■j
8-25
1
.' '■
$1.25
(increased)
McGraw-Hill Publishing
Mclntyre Porcupine Mines, Ltd. (quar.)—_
Mead
Corporation, common—
________
$2
2nd
preferred (quar.)_—
11-10
9-10
9-
8-18
9(15
Z
$1.06 »/4
______
12-
5
; 8-15
9-15
35c
(quar.)
tfcCord
30C
9-
9-1
8/29
Y;
25c
(quar.)
8-29
—
9-15
?
c
1
9-15
9-15
h
$1.50
com,
pfd.
9-
8-
10-15
i *i
,
8-1 ft
9-2'
9-12
20%
quar.)_____—_____
preferred
9-15
25c
■
;
Co.—
$3.75
9-15
Z-,
•
9*17
..
25c
$3.75
$4.25
J
1
9-
9-15
25c
V
(quar.)
(quar.)
8-11*
10-15
79C
—
10-
25c
(quar.)
9-13
15C
$5
Co.
common
93 %C
Corp.,
common.-.—,—_
convertible preferred (quar.)—
Kinney
New
25c
—
preferred
(accum.) /—1—
8-22
.10-27
25c
prior
Ltd., common
preferred
(s-a)
6 V4 %
$75c
■—
(Del.)_——-
King-Seeley
5%;
Corp.
Master Electric
8-13
—
Co.—
preferred
9-
25c
Massey-Harris,
8-13
—.
prior
8
11-1
'
$50c
pfd. (quar.)_
& ■■ Co.—__________
R.)
9-20
9-20
12-23
12(4
;
(quar.)
Corp.
6%
McClatchy Newspaper, 7%
Mines.. Ltd.
9-30
10-1
$1
Oil Industries—
convertible
(P.
Masonite
5
9-
6
1-2-48
fSlv75
«
Corp., 5%
preferred (quar.)____
Field, 4y4% preferred (quar.)
Mar-Tex Realization Corp.__,
8-21
1
(quar.)—
Gold
■<V
5
9-
8-
8-20
Yi
Marshall
8729
$1.50
(quar.)_—
————'—I
$6 * r-referred
-
Mallory
8-22
,
6
1
8
$2
___________________
RR.,
9-10
20c
"$1.75
8-
9-
$1
•
(cash dividend)
Corp. (irreg.
Square Garden
Central
$1:50
(reduced)
1
$2
Marathon
(quar.)
8^
8-30
$1
Car
Madison
Maine
Co.
Land
County
$1.20
„Magor
5
2-23
1
9-
/.!■! 1 125c
(quar.)_—______
Paper
dividend
Manhattan Shirt
5
9-
9-23
Stock
9-15
—
9-
$$1.25
Co.
&
Magnavox Company
8-29
————
...
KerrrMcGee
8-20
10-
;Company
Keye-s Fibre,
9-15
35c
(quar.)
preferred
(quar.)
of
Canada, Ltd.
Kerr-Addison
8-15
10-
9-
50c
(quar.).——
Power & Light Co.—
City
Exti-4
: 8.-15
8-30
preferred A
-Extra
Kern
8-15
$1.25
$1.50
8-
2
Power
9-15
common
8-22
11-21
___
Steel—
8-18
$1.50
2-23
9*10
12-10
25c
9-12
4
S-a)--—-——
Steel,
11-21
3-10-48
20c
MacWhyte Company (quar.)—
Magmn. Copper Co._____—
Merck
(initial
'8-22
12-10
50c
(quar.)
Mackintosh-Hemphill
10-15
(quar.)———--
Laughlin
&
3 80%
"8-15
8-30 Y
Co.
9-10
50c
/
MacLaren
8-
———-
preferred
5%
8-15
50C
>u___
8-11
Johnson—
&
common
Kendall
8-15
8-30
Tea
Co.,
1
,v.r:Y
9-12
Co.—
Knitting Mills, 5%
Lake Sulphur, 7%
9-
(quar.)
Structural
10-15
(quar.)—
8-15
—__—_
1
9-
2%C
Co.
8
1
_____________
2
9-2
(final)
Co.
'Kelvinator
8-15
:
Electric
shares
Steel
Kansas
,>
8-15
=
Co.
8-
9-
87%c
(monthly)
common
2
$1.50
(quar.)__—_
Manufacturing
Manufacturing
Joy
.8-15
4c
—
Special
;Jones
8-15
8-30
3c
Griesedieck Western Brewery Co
Griggs Cooper & :Co.,„ common (quar.)'_____
Oil
Jefferson
.8-15
8-30
Utilities
8-30
25c
—
(quar.)
preferred
$37V2C
Co., commcn
(quar.)—
2
25c
(quar.)
9-
62 y2c
8-21
$1 10 3-10-48
9-
8-15
8-21
2
8-
Taylor, common (quar.)
;
1
$2
v $1.50
preferred (quar.),
& Exploration Co.
20c
(quar.)__ vYLouisville & Nashville RR. Co. (quar.)_
08c
Lowney (Walter M.) Co., Ltd.—
Increased quarterly
__________
$17 (4c
Ludlow Mfg. & Sales Co. (quar.) __________
$1.50
Lyon Metal Produces, common (quar.)____
25c
Lytton's.cjHenry C.) & Co.y(quar.)_____— :_.■■■
20o,i
Macassa i Mines, jitd,--_
$20
5%
2
9-
1
_____
10-
20C
Canada—______
preference
9-
1st
MacKinnon
8-14
Foundation,/ Ltd.—
Machine
Jessop
3c
-
-ill.
'«C
G«lf
8-15
8-30
y
1
1
9-
$25c
Co.,
Co.
J37VaC
Machinery
30c
(quar.)
Hotel—
com._„
Ltd.,
(increased)—.
Service
Gas
(quar.)_____
Powders,
of
8-20
9- 1iy./;;8-2O
9-
$1.25"
—
preferred
Co.
A
iiscVZ" 0-1 '
Co., common (quar.) —
(quar.).
——
Co. (increased)——
preferred
Jantzen
8-15
,
8-12
:t37.y2fc:;;Z
25c
Silver
American
Jaeger
8-15
8-30
Y„
6C
(quar.)'^:
Group Shares
Shares, class A
Italo-Argentine
8-15
8-30
9-30
8-
10-2"
•
&
6%
8-12
30C
8-30
Y
9-30
20C
Business Machines
Fireman
8-30
lie
——
shares.;
5%
Iron
-8-30
,
Zl
Bond
Southern
8t15
;
1
Pipe
preferred
Lord
8- 9
Y
—
Cigar
2
13%
___—„
Copper (increased)
Ltd.—
y ; YY''
Bronze
9-
Ireland)
preferred
1
Iftc
i
.
2nd
-
.
Shares,
5
J10C
Products----
convertible
8-30
_
shares
Grumman
8-15
8-15
7c
shares-
Tobacco
2
11-
:
35c
Consolidated
Pub'ic
New
.-
9-
8-12
1
$1.10
(monthly)
preferred (quar.).
preferred
(quar.)
8%
$1.75
8-12
1
9-
$1.75
'
Joint
8%
8-11
r
,
____———
&
Johnson
:
8-15
8-15
8-15
2c
,
Steel
3.75%
'
Utilities'
.
6%
Iowa
Jewel;
shares-———
1
2
■
1
9-
/
Common
9-
8-11
8-25
(Ind.) —
B
9-
3%
Corp.
Iowa
8-30
lc
Equipment
Class
8-11
8-15
$1.50
2
9-10
9-
(quar.)___.
8-20
Lock
9-
50c
Louisiana Land
Utilities Corp. (quar.)
Bakeries, 4.8% pfd. (quar.)
8-15
!
...
.
Railroad
Railroad
A
1
9-
•
-
Water__:
&
preferred
8-15
_____
Railroad .Bond, shares
Class
12 %c
Paper
8-15
8-30
'
&
Nickel
8-15
—
Gas
Group
8-30
shares
i2yac
,
i
Co.—
participating
8-30
j.—
i
8-30
8-31
$1
$1.75
Groceterias Ltd.—
9-10
25c
(s-a)
Tobacco
Steel
8-30
:——
Breweries -Assn
preference
5C
1
Petroleum
Loblaw
12-20
Investment
8-15
,
8-30
8c
-
2
12-31
$1.10
Loblaw Groceterias Inc.
-t
12-30
5c
shares
Extra
9-
8
$1.25
7c
—
Original capital
Original capital
Original capital
7
9
1-31-48
$1
(quar.)
(quar.)
-
r_,—
Mining
.
shares
8-
8-
8-
t25o
(quar.)__
preferred
8-30
'9c
il
„
3iy4c
■.
8
1
9-
8-22
1
9-30
(quar.)_
5%
8-30
'
7c
*
:
tu..—'
9-
ioc
'
9-
10-31
#- o o
guaranteed
Star
;—
Priced
'Extra
•:■!
8-30
9y2c
y
L
Extra
Lqw
v:
8-30
4c
shares
Co.
y:
:$1
RR.—
Baltimore
Tntertvpe
8-15
7C
__
Investing
8-11
8-11
8-14
8-22
9-15
••;. $i
guaranteed
Lord
International
8-15
8-30
6c
shares
Industrial Machinery, shares
Institutional Bond shares——
1
1
Smelting Co., Ltd.—
Interstate
8-15
8-30
lie
—
8-30
3J/2C
Bond
.Extra
Y
8-15
4c
General
M
8-30
lc
Extra
>
Y.
8-15
6C
Administered
9-
9-
$1
8-15
8-30
7c
—
Food
37y2C
$1.06 y4
2
9-2
■
Special
8-20
9-
8-20
8-15
t25c
quar.)..
guaranteed
Lone
8-15
8-30
2y2c
_
Fully
9-10
Miami
9-10
5
2
37%C
(increased
Special
Special
8-11
$4
*
Extra
f
8-30
5c
Equipment shares
shares
___;
Little
8-13
9-20
Interntional
7C
Electrical
9-20
2
9-10
1
9-
1
12-22
1
9-
40C
(quar.)
Liquid Carbonic Corp., common
3 >4%
preferred
quar.)___
9-
International
5
7y2C
shares
(quar.)__
common
&
9-
50c
Co.
International
5
1
shares
Building
9-30
$1.25
8-
12-31
10-
Lionel Corporation
8
8
9-30
International
8-18
<
10-
shares
Aviation
9-20
' $1.12%
(International Harvester Co., 7% pfd/ (quar.)
8-20
10-
Extra
Chemical
99-
,
'
9-12
International
9-15
25c
_—
(quar.)
Extra
9-20
'
8-18
,
1
10-
(quar.)
8-18
8-30
31 V4c
(quar.)__
12- '.4
8-30
9-
25c
Inc., common (quar.)__;
7%
preferred
(quar.)
Link-Belt Co. (Increased (quar.)
1
2
12-11
4
$3
Lincoln Stores.
50c
Bank
Group Securities, Inc.—
Automobile
8-
9-
t75c
Car
International
5
$i.ocy4
(initial)
8-27
9-26
1
4
$75c
715c
$1.25
Stock
9-15
r
9T 2 V
50c
■
4
common
30c
20c
(quar.)
Mining
Institutional
8-20
9-
9-30
$27y2c
(initial)
(accum.)
:
8-
9-
Quarterly
8-22
$1.06 V4
Corp.
8-27
8-25
35c
Lincoln National Life Insurance Co.
8-22
9-15
(increased
8-27
9-15
62 %C
pfd.
5
8-15
9-11
25C
(quar.).
(quar.)
pfd.
11-
2
9-15
$20c
(increased quar.)
Savers
(quar.)
6%.
pfd.
1
Class B
preferred
Inspiration
8-13
9-15
15 c
-
i
Power,
Greyhound Corp.,
4(4%
preference
Paper
'
Bay
Motor
Inland
7-31
(quar.)
"
Northern
■'
(quar.)
Special
4
common.
(N. Y.)
9-
Common
Life
Co.-r-
Indianapolis Water, class A common (quar.)
5% preferred A (quar.)
i
Industrial
Rayon Corp.
(quar.)—
Ingersoll-Rand Co. (quar.)—_—
2
8-8
2
9-
50C
Engineering Works
Paper Co., Ltd.—
preferred (quar.)
A
SI.20
Corp.,
i preferred
Indiana
8-15
9-
$25c
Lakes
Class
4y4%
Indiana
Great Lakes
Great
25c
75c
""; $1.50 convertible partic.
8-15
9-15
9-
1C
Insurance
(quar.).
(quar.)
(Great-Britain
8-15
i
9-15
35c
(quar.)
Fire
A
American deposit receipts (interim)
Imperial Varnish. & Color, Ltd.-—
Z Common (quar.)y-l_
8-15
9-16
$1.50
Y.)
Co.,
y 8-1.5
Co. (N. Y.)—
(quar.)
& Power______—
Light
6%
8Y5
9-15
(quar.)
(N.
8-15
2
•
Hardart
preferred
Imperial
8
8-20
,
$12 y2c
$2
Tea
&
Stores
8-20
'•
::
fl2'4c
(quar.)
(s-a)—;
Pacific
2
9-
______________
8-22
2
9-
sr.
Y.)
Indemnity
&
.
8-22
9-30
~37y2c
:
'
9-12
$$1
;
American
Great
9-
Imperial Tobacco Co. of Canada, Ltd.—
Ordinary
(interim)
(irreg.)
class A
30c
37 y2c
Hyde Park
———"
Co
Great
7%
(N.
8-20
(quar.)_____i__-„_
%
Quarterly
;
Lexington Water Co., 7% preferred (quar.)_
Libbey-Owens-Ford Glass (quar.)__
Liggett & Myers Tobacco—
8-20
1
8-21
—
Bank
Co., Ltd.,
Union
Co.
10-21
1
8-20
(quarji-
Co.
10-31
9-
1
$25c
Gorham
9-16
25c
11-15
9-
5
9-19
8-18
$1
(quar.)
Tourneau (R. G.), Inc., $4
Lewis Brothers, Ltd.
(quar.)
8-19
9-26
9-
1
.
—
8-29
25c
Inc.
9-
1
8-30
25c
Le
4
9-15
10-
$75C
_
(quar.)
Co.,
Leland Electric Co. 5% conv.
Leslie Salt Co.
(quar.)__
,
8-15
8-
25c
9-
(quar.)—
!
Ltd.,'Class A
(quar.)
2
25c
preferred
D.)
(James) & Sons Co.
Lehigh Portland Cement
8-15
50c
9-
,v.-V
(quar.)
Gordon Mackay Stores,
Class B
(quar.)—-
8-12
2
(quar.)__
$2.50
_—
pfd,. (quar.)
& Rubber Co.;com.
9-11*
\
1
$i;
Goodyeaf Tire
9-
(quar.)___
;37'/2C
—
8-26
v
~
9-
8-22,
25c
(quar.)
Lees
8-30
common
5%
—
Ltd., 4% pfd.
Inc.
(quar.)
9-11*
$2.50
Lee (K.
8-15
12 yac
5% preferred series A (quar.)___*
Huntington Water Co., 6% preferred (quar.)
7%
preferred (quar.)
Huttig Sash & Door, common....
4
:■
—
10-
56y4C
Co.—•
5c
Golden State, Co.,
8-15
9-12
SIV2C
(quar.)_____
Hudson Pulp & Paper, 5% pfd. A
(quar.)_„
Humble Oil & Refining Co.
(increased)
Hunt Foods, Inc., common (initial quar.)
5%
preferred (quar.)
11-25
2
25C
(quar.)
Co.,- 6%
11-29
8-15*
1
9-15
8-25 '
1
50c
Co.,
8-15
8
25c
•
&
9-15
-
25c
Quarterly
9-15
Leath
2
09-
10-
25c
(quar.)
(quar.)
(quar.)
Secord
9-15
10■
25C
y
(quar.)
common
preferred
Hudson
9-15
,
25c
preferred
(quar.)
Rutgers Fire Insurance
Globe .&
1
50c
(quar.)
Co.—
Machine
Glidden
1
10-
25C
Corporation
Gisholt
10-
'15c
(quar.)
(quar.)
Gerrard (S. A.)
Co., preferred (s-a)
Gibraltar Fire.& Marine Insurance (s-a)
Givdler
9-1
25c
(quar.)
class A
Company,
Hudson
common
8-25
30c
34%c
(initial)
preferred (quar.)______
Houston
5
$1.50
Rubber
8-15
25c
common
5%
dividend
or cash
Tire
Genesee
stock
44/10Q0ths share
Co.
class
Howard
50C
8-25
8-15
25c
Candy Shops, Ltd, (quar.)
Lawyers Title Insurance, 6% preferred (s-a)
8-20
25c
:
Oil
4y2 %
8-21
5
1
1
2
9-
10C
Extra
Laura
1
8-
8-15
ioc
(quar.)___.
5
9-19
9-
30c
8-22
•9-12
20c
——
Co._
(Optional
(quar.)
stock,
General
Grand
Hooker
6
9-
1
25c
6
93%c
common
1- 5
.
9-15
10-
2
9-15
62%C
Lanett Bleachery &
Dye Works (quar.)
Langley'g, Ltd., 7% conv. pref. (accum.)
.'
7%
convertible preference
(accum.)
Lanston Monotype Machine
8-22.
1-15-48
Co.
9-
8-
17c
Inc.
Co.
8-11
2
15c
Extra
8-30
Z 9- 5".
Machine
Bryant,
Lane-Wells
8-21
25c
....
Lane
8-30
9-15
9-30
$1
Ltd..
preferred
Corp
Electrochemical
New
9-
$1.25
Z
Landis
9-15
9-30
/
»25c
(quar,),
Co., class A
Co., Inc.—
non-cum.
Honolulu
Shareholdings Corp.—
series)
Grace
$1
$1.25
___
Corp.,
(Charles E.)
$1.75
common—
(quar.)
Hires
7-28
7-28
11-25
1
9-15
9-
,
$1.25
;
Lamson.& Sessions Co., common
Orreg.)
$2.50 preferred (quar.)
(M. H.). Inc.
(quar.)__„
6
8-30
,
■
30c
common,:.-
Lamston
'
8-14
8
2
10-
10-
10-15
$10c
-
convertible
84 %c
__________
General
Hotels
4%
8
$1
_______
General
'
9-
25c
(quar.)—;
General
Hilton
,
10-20
$15c
(quar.)_._
Co.
5
8-15
75c
Co
9-
8
0-16
10- 1ft
118c
(quar.)
.
8-
1
1
t$i:75
(quar.)
Power,
2
,
(quar.).
preferred
910-
35C
District
25
12-22
11-
140C
Ltd.
8
9-22
12-29
60c
Milling Co., Ltd.—
Mines,
8- .8
$1.50
Lakey Founury &. Machine
Lamaque Gold Mines, Ltd. (interim)
8-14
J.)
9-
___________________
preferred
2
9-20
9-12
1
.
8-14
9-
(annual)
7 y2 %
3%%
9-
9-30
9-15
$1.75
—
._
Co., Ltd. ordinary
Mills,
9-15
v
50c
25c
com.——_.—__—
2
8-15
$1.12 y2
;
5%
8-15
$1.50
Co., '5V4% pfd. (quar.j„__
Hewitt-Robbins,. Inc. (quar.)
Heyden Chemical Corp., com.
(quar.)
3y2% preferred A (quar.)___„__
:
Hiawatha Oil & Gas, 5%
pfd. A (quar.)
Hibbard, Spencer, Bartlett & Co. (monthly)
•,
Monthly
Monthly
8-15
1
1
2
(initial).--"
(quar.)^
Cos.
Glass
Mining
Hendry-(C.
9-12
75c
Corp., 5% pfd. A (s-a)
General Fireproofing Co., com.
(increased).
7% preferred
(quar.)
General Industries,
5% pfd.
(quar.)
Goebel
1
1
-
General Finance
$6
99-
30c
\
9-
25c
Pineapple Co.,
25c
2
Superior
8-15
37yac
(quar.)
Inc._._
Bakeries,
8-15
__________
Bonus
General
Hathaway
2
9-
1
9-
preference
9-
9-16
9-
9-
ZZ„.
preference
$1
$8
(quar.)
General Electric
non-cum.
Haverty Furniture
Corp.———.
Co.
prior
$3
8-15
(quar.)
(quar.)
$4
•
1
Shore
50c
(quar.)
common
preferred
Lake
2
9-20
$1.75
_____
quar.
Lake
9-
(quar.)
(quar.)
(quar.)
8-25
80c
(quar.)
Co.,
7%
9-
9-29
$1.21%
(quar.)
Clay Products-
the Woods
8-15
$1.06y4
;
2
(initial)———
common
General
9t15
9-30
lie
pfd.
of
Common
1
50c
(increased3»„»
Ltd
Common
9-
-
pfd. (quar.)
(stock dividend)
Co.,
General
I
8-20
56Vic
_______________
Bottlers
7%
—__
Transportation—
—
Gfeneral
10-
4y2%
Co.
Increased
Lake
9-
50c
62 y2 C
;
.
6%
Co.
Baking
New
(quar.)
America
General
2
Co.,
Tobacco
9-10
9-10
8-19
$1.12%
preferred
25c
...
(quar.)
Battery Co.,
Hartman
;
Co., common
(quar.)_=.—-—
General American
Hart
ft:
1,
25C
common
Chemical
9-10
10-
preferred
Laclede-Christy
8-19
8-20
1
8-15
9-11
50c
common
1st
2nd
4
8-29
5UC
Co
7%
9-
25C
5Cc
50c
Extra
8-15
Y,
10-15
$12.50
Haishaw
8-29
2
9-
37 %c
(quar.)
(irreg.)
Investors
(Robert)
General
$3.75
_
Co.. (quar.)—_
preferred
4%
Fundamental
9-15
■9-
Harrisjmrg Gas
Co.—
pfd.
conv.
Co.
8-29
T"
■•;.
•
_________
Franklin
9-15
9-15
&
8-15
9-13
6%
8-19
-9-10
H.)
Holaet•
0-25
(quar.)
Kroger Company,
8
10-
25c
Z_Z_ZZ
Co.,
9-15
$1.12'4
Harbison-Walker Refractories, common
G%
preferred (quur.)
Harding Carpet, Ltd. (interim)
8-29
9-30
25c
Fort
•
9-15
81V4C
—
Pitt
Fort
9-15
$1
50c
1
common
47
Payable of Rec.
15C
Extra
8-15
8-
(S.
When
Share
Kroehler Mfg. Co., 4Vi%
preferred A (quar.)
4(4% preferred A (quar.)
8-11
■
A:)
2
2
2
...
Flintkote
8-18
9-
Kress
8-18
2
9-
(quar.)..
(quar.)
(M.
Common
11-15
2
9-
25C
Calif., Class A
Extra
partic.
1
9-
Company
Creamery Co. 60c pfd. (quar.)
Koehring Company
Kresge (S. S.) Co. (quar.)_
1
9-
common
.
5%
11-
$7C
Extra
Fitzsimmons
1
12
,
Hancock Oil
12-
$22yac
(quar.)_
4%
8-15*
$1.25
,
Co.
Knudsen
1
25c
Hammermill
'8-15*
8-
1
25c
convertible
preferred
(quar.)
Paper Co., common
;
■«.
4'4% preferred (quar.)
4y4% preferred (quar.)
Hammond Instrument Co.
(quar.)___^_____
8-18
2
9-
75c
(quar.)_.
Ltd.„;
9-15
8-29
50%
*
Stores
9^15
9-
dividend).
'
$3
$1.12%
(quar.)
(stock
(quar.)
Per
Name of
9-20
—
120c
Extra
1
9-15
$20o
$3
E x L r <x
5%
9
Hale Bros.
(quar.)__—________
Co.
9-
-
(Canada*
10-
$1.10
Quarterly
9-10
___
(799)
Holder•
Payable of Rec.
$1.50
Quarterly
8-29
When
Share
preferred (quar.)
$4.40 pfd. (quar.)„_.
Utilities,
Uypsum Lime & Alabastine
$25c
(quar.)—
______
9-15
Co., $6
Stream
$1
—
CHRONICLE
When
Share
.
.
COMMERCIAL & FINANCIAL
.
—_______—„———
(quar.)—
$1.50
$1.3"%
'
Minneapolis-Honeywell Regulator Co., com._
3.20% conv. preferre-d series A (quai.)___
50c
C2c
8-20
9-
1
9-
1
8-20
9-10
8-25
8-30
8-20
Y/:\
f;
48
i
••
(800)
THE
Per
Name of Company
Missouri
Public
Missouri
Utilities
5%
Mitchell
(J.
Co.,
(increased)
common
30c
(quar.)
Carpet
Life
Monarch
Monroe
Loan
Monsanto
$3.25
Society,
pfd.
series
pfd.
(quar.)__
(quar.)
com.
7%
preferred
preferred
A
preferred
Moore
R.)
Goods
preferred
Morris
Paper
43/4%
common
Diablo
Oil
Water
(quar.)
(quar.)
_
Works
Co.,
6%
preferred
6%
—
&
9-
5
Pacific
National
"IIIII
9-10
8-30
9-30
9-20
HO
25c
H
1
8-29
lc
9-
3
8-15
8-15
2V/aC
9-
8-15
60C
2
9-
2
H
_„H
12-26
10-20
____!
(quarlHII
1
9-12
40c
10-15
9-
8-29
8-
10-15
30c
20c
9-
Drug & Chemical Co. of Canada
preferred
(quar.)_
National Electric
Welding Machine
Common (quar.)
National Gypsum Co.
$4.50 pfd.
8-30
9-10
8-30
Ltd.
(quar.)
Extra
preferred
A
(quar.)IIIIIIIIIII
(quar.)
111111111
6% preferred B
National
Life
&
Accident
(Nashville,
$15c
.1111111
(quar.)*
common
Tenn)
Insurance
(quar.)
'
.
preferred
_
National Malleable &
Steel
National-Standard
Co.
Castings ~
4V2 %
Tea
Co.,
common
burgh') (Sre™, F're
$7
England
prior
Public
lien
______
8
9-15
1
12'/2C
9-
15c
10-
1
9-15
10-
1
10-
1
9-15
6
Co.H
1
9-18
9-
1
8-18
8-25
8-
20c
9-15
Tqua'rl) I
Brake""111111111111
Yor* ChlcaSO
& St. Louis RR. Co—
(accum.)
Dock, $5 non-cum.
preferred ""
New York
Stocks, Inc.—
—
6%
ii.-
New
Bank
v
Stock
8-30
8-30
9-
5
8-20
8-28
8-15
9-
2
50c
9-
2
10-
1
9-
HIIII
Industry Series
Industry Series
Industry Series
IIII
Investment
8-
5
7c
8-25
8-
5
5c
8-25
8-
.«««•>—
North''tAme^canerca?CoTpiiJi0ra'"^^^~~"(increased
Common
quar.)
Co.
in? distribution
disMhnH A
mg
(cash
"*
dividend)
share
of
5
Public
8-
5
4
8-
5
5%
12c
8-25
8-
5
8-25
8-
5
7 %
8-
5
8-
5
8-25
8-
5
8-
5
8-25
8-
5
8c
8-25
8-
5
8-25
8-
5
14c
8-25
8-
5
$50c
9-10
4
8-28
$1
9-
8-25
$2.50
1
9-15
8-15
9-10
8-13
9-10
8-28
10-
1
9-22
25C
10-
1
9-12
preferred
Illinois
8%
7%
share
Pullman,
Pur®
oil
Co.
4a Llght
preferred
"*
(quar.)
—
9- 2
8-20
12 %c
Co"
& Power, Ltd
8-15
"
60c
9- 8
8- 4
15c
9-10
8-14
Common"'!!! °°"
Nu-Enamel Corp.
Nutria* Candy
CoHiTcreHedlinnil
9-
1
8-14
$1
9-
9
B- 4
$1
10- 6
10- 2
15c
9-25
9-12
8-28
10-
$1.25
10-
1
$1.37 '/a
9-19
9-
2
9-
2
8-20
10c
1
1
8-15
2
Class
8-15
9-
9-
8-15
9-
2
9-
2
8-15
8-15
8-29
t$1.50
10-15
9-
9-19
3 Va %
Sonotone
l33Ac
70c
9-2
$1.25
8-22
9-
8-20
2
9-
2
8-20
t3c
9-
5
8-
1
2
8-15
10-
1
10-
1
$1.16%
10-
South
9-19
9-
Inc.
1
6%
9-
—"
1
8-15
Co.
Rayonier, inc.,
Real
5%
Silk
(quar.)
3%%
pfd.
9-
8-
pfd.
~—
(quar.)
(quar.)
preferred
preferred
(I1»nois).
convertible preferred
10-
1
9-
"
"
(quar.)
(quar.)
com.
9-15
9-
9-10
9-
$1.60
8-20
2
8-29
50c
$1.18%
$1.25
$1.75
9-11
10-
Standard Oil
8-21
1
Standard
8-30
8-25
10-
1
9-12
10-
1
9-12
~
•
Participating
9-
2
8-
1
1
11-
1
Standard
9-
1
8-14
Standard
9-
2
Extra
Works
9-15
9-
1
9-15
9-
1
50c
9-15
9-
1
50c
9-15
9-
1
9-15
8-30
9-
1
8-15
9-
1
8-15
9-10
8-27
9-
2
8-
1
9-
2
8-
1
2c
8-30
80c
8-15
9-15
8-20
9-24
9-10
10-15
9-30
I
10c
8-25
7-25
8-18
97'Ac
9-12
9-10
quar!)
are
9-10
8-
8
8-
1
20c
2
9-15
8-15*
5c
9-30
9-
2
31'Ac
9-30
9-
2
50c
8-25
8-15
sub¬
60C
8-29
8-15
40c
9-
1
8-18
40c
12-
1
11-17
$1.12'/2
9-
1
9-
2
8-15
9-2
8-15
25c
26'AC
t$1.50
10-15
37'/2c
"
_
(Dallas!—. """
I
9-12
75c
9-15
8-15
9-19
2
9-
8-15
$1.25
9-15
8-1#
35c
10-15
10-13
35C
9-
1
$1.37'A
9-
2
8-15
9-
2
8-15
$1.37%
8-15
•
•
40c
9-10
8-15
$1.12%
9-15
8-30
37'Ac
(quarT"
9-10
8-30
75c
9-10
25c
9-12
$1
8-30
8-28
1
40c
9-
6
8-26
94c
(qu'arTH
(Detroit)
11-
9-20
9-10
(quar.)
'
(quar.)__
-
conv.
87%c
5
8-25
9-15
i
8-15
9-15
9- 2
pfd.
"(quar.)
(quar.)
40c
9-
1
8-15
tlOc
9-
1
7-31
$$1.25
(quar.j
'
9-
1
7-31
9-
2
40c
8-20
20c
California (DefTIIIIII
of Indiana
(quar.)
8-28
8-
boc
85c
9-15
8-15
9
37'Ac
9-10
8-11
25c
~(Ky.~)~"(quar.")
9-10
8-11
35c
(quar.)
&
8-30
37'AC
HHHHHHHH
9-15
9-15
8-29
933Ac
convertible preferred
9-15
15c
commonl
Phosphate
9-
50c
~~~~
common
10-15
—
36'Ac
Corp.
8
by the
California.
fquar.i
com.
2
9-
8-
9-
65c
87'Ac
of
Wholesale
8-15
2
(quar.)_
preferred
Stoker
(quar.)
9-19
9-
3%^-preferred A (quar.)
Standard Paving &
Materials. Ltd.
12-
10- 1
Co.
8-15
9-30
7-25
*
25C
87 VaC
Oil
Extra
t40o
(quar.)
Co.
8-15'
8-18
I.
common
Standard Oil Co. of
Ohio,
*40c
"(qu"a"rT
Co.
Extra
9-15
Inc.
2
8-25
8-25
2
(quar!)~H
(quar.)
Insurance
convertible
Standard Oil
9-
10c
9-
quar.)_.
Co->
Standard Forgings
9-30
$1
2
40c
4%"pfd!Tq~uar.)
preferred
preferred
(quar.)
Standard Dredging, $1.60
9-12
1
8-20
(quar.)
(quar.)__
5%
8-16
10-15
10-
2
8-18
Pre'ferred (quar.)
Standard Chemical,
Ltd.,
1
9-
8-25
Co!—""
$3.50 preferred
(quar.)
Standard Cap & Seal—
5
9-12
15c
(quar.)
non-cura.
8-29
9-
9-15
Sons—
)
7-18
2
$75C
Sons, common__
(quar.)_
HIHIIII
Quarterly
Standard Brands,
8-29
9-15
8-25
$$1.12Va
&
Standard Accident
7-18
9-15
50c
(quar.)
common
8-25
R.)
9-11
10-
$1
Service!"HmlTauar.!"
(initial
preferred
1
30c-
&
1
$30c
__III
(E.
$30c
___HH__"~_
&
Insurance
$4.50
preferred
10-
permits
Mills
St,2i,eL^A' E
$3.75
8
8-
50c
(quarT
$4
8-18
1
8-30
25c
7
Hosiery Mills,
Mf8r-
t25c
35c
HHHI
preferred
Squibb
6
25c
(quarJH
non-cum.
%
8-
9-10
2
37 %c
*"
$1.60
/a
1
1
9-
93 %c
IIIII
$1.60
Ti/
9-
10-
$1.12'A
(quar.)
dividends
of
Extra
8-22
60c
$1.50
(quarT
(quar.)
Regent Knitting
Mills. Ltd!—
o
9-15
Inc..
8-25
8-25
ny4C
(initinl
preferred
preferred
8-25
9-15
$$1.25
(quar.)
Public
common
Spiegel,
Spmdale
9-15
15c
prior preferred A
preferred
10-15
25c
(8-7)711111-"
New
8-15
9-15
2
9-15,
25c
HHHHIH
(quarJHIIIIII
A
com.
preferred
Spencer Kellogg
8-15
$1.25
(quar.)
[quar")
1st
preferred
8-15
2nd
8-30
23c
HIHIIII
(quar.)
new
CoJ' $5,5° lst
$5.50
8-15
9-15
$25c
Reading Company—
non-cum.
.
9-15
50c
50c
(quarT
common
convertible
9-15
9-15
Quarterly
Southwestern
8-29
50c
(quar.)
preferred
$2
$1.75
9-30
$1.25
RefinlnS Corp. (quar.HH.
Electrotype
4%%
1
(quar.)
Packing Co
Ray-O-Vac Company
$2
"""
I
II
com.
8-29
8-15
45^
com.
Power
Southwestern Life
8-29
9-30
35c
~
Ltd.
9-30
$1.25
~
preferred
Co., 6%
Power
$1.75
"
"
1
20c
Works
preferred
non-cum.
9-
9-11
15c
(quar.)___I
_____
Co.
stock
participating
5%
8-21
9-
62'Ac
—__IH
Southern Natural Gas
Southern Railway Co.
com.
8-15
1
9-11
9-15
Carpets-
Washington
Lathe
8-18
20c
25c
(4U£Vl« 1
com.
Sons
Issuance
Canada
8-25
1
t$l.5o
Southern California
Water,
9-
8- 8
9-
'
Southeastern Greyhound
Lines (quarT"
Quarterly
'
Southern Advance Bag &
Paper—
4'A% preferred
(quar.)
Southern
87yac
~~
common
Bend
2
9-10
9-15
50c
~
preferred
series
and
to
States of
4'A%
(quar.)
Co.,
.v.
9-
50c
IHIIIIIHIII
pfd.
cash
ject
5
10-
conv.
9-15
(quar )
common
(quar.)
Oil
Soundview Pulp Co.,
Both
8
25c
35C
Corporation
'
8
9-
35c
(quar.)
preferred
9-19
9-
9-19
10c
(quar.)
Socony-Vacuum
1
9-19
"
~~
WAAAiiiAAUL
Extra
8-23
10-
$1.25
(quar.)"""
Electric,
preferred
Common
9-19
2
&
Skilsaw, Inc. (quar.)
(Alexander) &
for
Co
$1.12'A
.$31'Ac
~"
(irreg.)
•>
Smith
8-15
10-15
t75c
Steel
Gas
9-19
$50c
(quar.")
Ltd.,
(interim)..
Ltd., 4'/2%
B
11-14
1
15c
preferred (quar.)
class A (Interim)
City
$3.9°
8-15
8-29
$1.37'A
&
w
Simpsons,
Sioux
8-14
1
10-
_
convertible
Simpsons,
8-18
9-
5'A %
1
12-
15c
I
HI
Pattern Co.,
-
8-29
25c
Saw
(quar.)
Brewery
9-
10-17*
91'Ac
$1
(quar!"""
com.
A
2*
91 %C
(quarT"
class
1
9-
25c
II—II
Co.,
8-30
10-
5c
IIIII
(quar.)
Simplicity
8-20
5c
Simonds
85c
"""""""
"""
-
(quar.)
A
8-19
5
9-13
11- 1
50c
(qu~ar!)HIIIII
Gas, class
5% preferred
Simon (Wm.)
8-15
$1.75
Co.
8-28
9-15
10-
25c
quar.)_____
com.
8-20*
9-1
B
10c
25c
$1.35
17'Ac
"~
Strapping com. (quar.)
5% preferred
(quar.)
Simmons
Company (increased!H—H
Simon (H.) & Sons
1
8-15
9-1
Pen
Co.
Signal Royalties
Signode Steel
shr.
~
(monthly)
(monthly)
Purina Co.
Common (quar.)
9-10
60c
9-12
$1
a
Gas"
&
(quar.)
Ralston
7 fo
t$1.50
10-15
83'/3c
II
(quar.)__H
2 y pl°ur Mills,
Quaker Oats
4%
(quar.)
$1
~~
(quar.)_
Power,
(initial)
Extra
8-15
15c
&
8-11
12-13
-
_
Class
8-13
50c
quar.)
(quar.H
eonvertible
9-
8-15
2
2
$1.06 »/4
Colorado—~~~
Purity Bakeries Corp.
9-10
9-15
)H
(quar. HHI
preferred
$1
1
Y
held
preferred
6 %
Rath
2
of
Electric
preferred
Rapid
2
99-
$2.50
common
preferred
$5
8-30
9-
8
50c
preferred
Extra
1
8-
35c
(N
IH.II
preferred
8-30
9-
10-
8-30
Oil
8-25
(quar.)
Optical
Signal
___
9-20
$1
"""
Corp
10-22
45c
(interim)___
(quar.)
$5 preferred
(quar.) HI
Public Service
Corp. of N J —~
Common (quar.)
HI
9-20
10-
8-14
25c
(quar.)___
(quar.)
I]
preferred
$1.37%
3
2
"
(initial)!
Extra
Shuron
8-11
12-20
HI""'
(quarT
B
(initial
preferred
8-22
8-22
2
.;; $1
Water—
preferred
9-10
9-10
9-
$19c
HIIIIIIIHIIHI
A
Sheaffer (W. A.)
8-15
8-14
8-15
9-10
(quar )
_
Sherwin Williams Co.—
8-15
2
2
9-
5%
4%
2
9-
75c
(initial
preferred
Service
7%
$1.50
(accum )
Northern Liberties
Gas
Norwich Pharmacal
.
Co.
^^xtra StatC OU
9-12
$1
a%.
each
Quebec
10-15
9-
9-
37'Ac
(quar.)
preferred
3 Va %
5%
50c
2
t50c
'
Service Co. of Indiana—
(stock dividend)
l/20th of
Indiana Gas & Water
Public
8-31
9-10
9-
$1.50
preferred
of
5
8-
8-25
9-30
preferred
Shenango Valley
2
25c
1st pfd. (quar.)
preferred (quar.)
4%
8-11
9-
__I
(quar.)__.
(quar.)__
Corp
A
&
8-15
1
1
(quar.)
com.
B.), Inc
class
(quar.)
Servel, Inc., $4.50
Shawlnigan Water
8-25
2
Inc.
2
9-
~
___H
Prefened (quar.)_Hl
Extra
Class
Common
5
8-25
9-10
9-
9-30
25c
I"H
preferred
Public
8-21
75c
preferred
6%
6c
8-28
20c
5%%~pfH"(quarI)H
common
!
_
(quar.)
(quar.)__
new
Corp.,
e
Service
V\ %
9-11
25c
(quar.)
Quarterly
8-25
25c
6%
preferred
Wis-
K FsrrfvoaanslacR„R- c°*>™
J
$3
6
(R.
Serrick
8-15
10-
$HpfdH("resumId)H
common
Co.
Service
Semler
2
9-
™
(Del.)
&
Bros.,
9-
(quar.)
Ltd.,
Co.
Seismograph
6
9-
2
25c
preferred
Prentice-Hall, Inc.,
9-
9-27
53 'Ac
Pratt Food Co.
(quar.)
Preferred Utilities
Mfg. Corp.—
5'A% convei-tible 1st
8-25
SfCOnd partial "QuWatl
of
one
Investment Corp—"
Preferred
(accum.)
Northern
partic.
9-
9-27
30c
"(quar")
Seeman
8-22
"
Canada, 6%
non-cum.
"
Security Company (special)
H"~"~
Seeger Refrigerator Co
(re~sumed)
8-21
2
25c
Corp.-11111111111111
(quar.)
Power Corp. of
9-10
Co.,
Seattle Gas
8-20
9-
&
Sears Roebuck
8-20
30c
(quar.)
preferred
9-1
9-30
25c
IIIIIIIIIIHIIIIII
A
Steel
Extra
6%
8-25
North American
5%%
class
Portsmouth
Potash Co. of America
5c
8-25
8-22
1
5
50c
Co.—
(quar.)
Co.,
.common
5% preferred
(quar.)_l.
Seaboard Oil Co.
8-29
tic
series (accum.)
Ashtabula Ry.—
7%
preferred (quar.).
Plastic Materials
Coip._
Pleasant Valley Wine Co
Poor &
Co., class B
5c
8-25
9-13
9-
$1.75
Ltd.HH
Scythes
8-15
9-10
75c
Associates,
'
lirreg!)"
preferred
8-21
9iy4c
(quar.)
$5 pfd.
Proprietary Mines, Ltd.
50c
(qua"r~.)IHI
Preferred
preferred
Public National Bank &
Trust Co.
8-25
9-
2
$1.12'A
"
5
lc
9-15
9-
25c
.HUH
5
8-
$2
50c
Electrotypers,
Loan
9-15
8
2
50c
1
9-22
1
9-
25c
10-
9-
1
9-
$1.50
Scruggs-Vandervoort-BarneHI'cHmHIqTaHT"
$4.50 Series A
1
9-
9-15
25c
STSLMfg-,Co'J$3-65
$3.65
preferred
10-15
8-20
9-19
$1.12%
r~""
'
8-11
10-
9-15
9-15
^
9-15
t
9-15
t$1.06V4
^
Estate
preferred
9-15
1
12'Ac
1
$1
17'Ac
quar.)
&
$3.40
8-29*
9-15
1
10-
12 Vac
2
40c
Water" comHHH
5
$50c
9-12
1
10-
$1.25
"«% ~pfd.""(quar:)"II
Brick
Co.,
10-
8-15
12 Vac
9-
$1.37'A
__
(quar.)
convertible
6%
A
1
9-15
Paper
8-12
$1.25
(quar.)
"
Remedial
Company
bcott
8-22
2
50c
10-
$1.25
'
8-
9-
Schiff
Schulte Real
9-12
1
5
9-
12 %c
(quar.)
"(s-aHIIH
8-
1
10-
80c
8-25
10-
1
1
(quar.)
$1
(quarHIH
8-25
20C
8-
1
lOr
Francisco
Semi-annual
Sayre & Fisher
99-
$1.25
$1.75
(quar.)IHI
8-25
$25c
1
25c
7c
8-
8-
1
9-
35c
tEri?J preferred 1st
5
8c
2
9-
common
(cuar.)
Joseph Water Co.,
Lowell Shops
:
San
9-
com.
Joseph Lead Co. (quar.)
St.
8-25
12V2C
(Ky.),
Saco
9-18
1
$1
(quarl) IIIIIIHIIIIIIH
preferred
9-18
8-27
30c
.
Extra
11- 8
9-15
(Jacob)-,
4 '/a %
2-5-38
$1.10
(quar.)
Ruppert
St.
12-15
11-15
preferred
9-
10c
_
5%
9-15
2-15-48
25c
1
8-15
9-24
*25c
_
8
9-10
8-26
1
10-
25c
IIIIIIIH
^
Extra
8-18
1
Co.—
8c
6C
"""""
~~
No^ndTS?
Nnr?hCTert!ble
American
8-25
18C
Bridge, Ltd.""(quar")""
Niagara Wire
Weaving Co., Ltd. (quar)
Nineteen Hundred
Corp., class B
iquar,)~
North
5
6c
Arch
Nopco Chemical Co.—
5
8-
6c
_
Lower
8-
8-25
10c
"
Fund""
Diversified Industry
Shares_HIII
Corporate Bond Series
Diversified Preferred
Stock~~Fund
N agara
8-25
3c
~~
HI
Tobacco
Diversified
~
SeriesIHI
Industry
Railroad Series
Railroad Equipment
Steel
~
SeriesHIIlHl
8-28
10-
1-1-48
10-
$1.75
(quar.)
4 A % pfd.
8-11
9-15
.
(quar.>_
,
Royal Crown Bottling
8-11
8-
1
2
(quar)
(quar.)
Corp. (quarl>~~~~~
Industries
Extra
8-^1
2
8-29
25C
(quarT"
pfd.
Power
Potomac Electric
Power,
8-15
8-
$683Ac
30c
$7
tsburgh Coke &
Chemical,
10c
"
SericsIHIHI
Series
Series
Industry
Public Utility
com.
6c
Government Bond Series"!
Insurance Stock Series-.
Oil
1
9-15
9-
$2
II
Corp.
Pittsburgh Youngstown
8
4c
Supply Indust~ry""series
Industry Series,.
HIIHH
Electrical Equipment
Industry Series
Food
Industry Series
Metals
4V4 %
6%
Building
Merchandising
9-
8-20
8-31
$35c
pfd.
Rnifn« P+^Per Ct '' Ltd''
Brothers, Inc.
9-19
92'Ac
Inc., common (increased)
(quar.)
Inc., common (quail
Pitney-Bowes,
8-15
$1.50
$1.50
Ross
1
Co
Co.
Mills,
preferred
$1.50
2
9-12
6c
Chemical
Machinery Industry
$4
Pittsburgh Steel
7c
"
"
Series
Pillsbury
8-20
9-
9-
9-29
9-15
30c
Philadelphia Transportation Co.—~
Participating preferred (s-a)
Phillips Petroleum Co. (increased
9-15
50c
Roos
$1.25
&
Extra
Engravers
A
8-20
20c
2
9-
IIHIII
preference
1
$20c
;
preferred
prior
series
9-
A
(quar.)
5%
8-15
$1.06 y4
Co., Ltd., class
preferred
8-23
(quar.)
(quar.)
(quar.)_.
&
10-15
10-15
1
9-
$1.12'/a
(quar.)IIHHHHHIH"
5%
2
Co.—
Philadelphia Suburban
1
50c
5
2
>
Philadelphia Suburban Transportation"
Quarterly
4
preferred A
York
Agricultural
Industry Series
Automobile.
Industry Series—."
Aviation Industry Series
Sk
6
& Dry Dock~
5%
9-
25c
11-
10-
25c
0
8-0
I
90c
Manufacturing Co._A__H
& Co., common
(quar.)""
Rockwood
9-
50c
(quar.).™
2
0-15
9-
5
62yec
H
(quar.)
9-
1
9-26
(quar.)""
&
preference
10C
50c
Co._-1111111"!
Air
$1
P
9-10
8-18
5c
Phelps Dodge Corp._
Philadelphia Co., 5% preferred
Philadelphia Electric Co, com.
8-
10-
8-
9-17
50c
HI
(Charles)
9-20
$1
8-29
8-25
32c
(quar.)HI
com.
Water,
Extra
9-30
50c
8-15
9-15
Corp.
8-25
11-
$1.75
Rochester Gas &
Electric—
4%
preferred F
(quar.)
Rockwell
$1
preferred
9-
9-15
8-20
Oil
9- 9
25c
(quarT
9-
1
'
(quar.)__
preferred
Robinson, Little
•75c
HII
preferred
8-15
1
HIIHI
2nd
Richfield
1
9-30
l5c
8-15
9-
50c
Mfg.
Water
10-
$1.50
7%
8-15
1
(quar.)___
Co.,
B
State
50c
9-15
1
1st
9_
10"
30c
(quar.)
(quar.)
8-30
35c
(quar.)
Salt
50c
$1.75
9-
7%
1
62 %c
Copper & Brass,
commonllHIIH"""
Reynolds (R. J.) Tobacco,
3.6% pfd. (qu'a'rT
M&nuf&cfruring Co., com, (Qu&r.)
4%% preferred (quar.)
Rice-Stix Dry Goods—
-
5
9-
(quar.)
__
Glass Sand
Pfeiffer Brewing Co.
8-30
2
8-
$1
Extra
Photo
$1.25
preferred
NeQuarterlyeWS ShipbuiWing
New
Process
9-12
10-
25c
8-20
8-25
$1.25
Company (quar.)
*
Corp., 4%% preferred (quar.)
~"
Machine &
Gear, 7% pfd. (quar )~
Perron Gold
Mines, Ltd. (quar.)
Peter Paul, Inc
HHHH"
Pfaudler (The)
Company (quar.)
9-14
9-14
25C
IHt'tV.
-1.1111111111
York
8-15*
9-25
9-25
9-30
^
!0-
$1,121/2
I
(aua~r 7
Holder.
Payable of
r6c
25c
(quar.)
Revere
8-20
$1.25
Perkins
9-15
__
New
8-20
$1.12 %
(quar.)
(accum.)
$6 prior lien preferred
(accum.)
New Jersey Power &
Light, 4% pfd,
New Jersey
Zinc Co.
Newraont Mining
Corp
1
8-25
$1.25
9-
30c
Perfex
10-13
2
1
1
(initial)
Rheem
50c
C
preferred
4 Va %
Pfizer
50C
III"
lnmr"M«
Service
8
9-
11-
9-
9-
preferred
$3.65
Brothers, Inc." (quarj
Nekoosa-Edwards Paper Co.
(quar.)HHI
New Amsterdam
Casualty Co. (N Y HTTaT
Newberry (J. j.) co._
Newburgh Steel Co._I_H
New
9-
30c
'
Neisner
5
12-5
50c
;HIH~
(final)
(quar.).
preferred
National
9-
9-30
$1.75
15c
(quar.)
Extra
National Supply Co.—
$2 10-year preference
8-18
1
9-30
fc
12'Ac
$1.50
:o-2o
1-1-48
10c
Co.
(quar.)
(quar.)
Peoples Drug Stores, Inc.
(quar.)
Peoples Gas Light & Coke
(increased)
Peoples Telephone Corp.,
common
$5
8-12
$1.12'/2
HIIIIIIIIIIH
(quar.).
preferred (quar.)
4Vz%
10-
$15o
12»Ac
2
Co
National Linen Service
Corp.—
Common
(increased)
5%
9-
9-20
37'Ac
Pepsi-Cola
10-30
9-20
10- 2
com.
Motors, Inc. (quar.)
Republic Insurance Co. of
Texas
Republic Investors Fund—
8-19
10- 2
new
Reo
Common
9-10
$1.12%
8-30
$10c
(quar.)
(quar.)
(quar.)
preferred
4*
50c
2o
(quar!)
Hosiery Mills,
Quarterly
5%
4*
Convertible
National
4.40%
Pennsylvania
8-
8-20
2
B
Products
preferred
8-
1
9-10
9-
preferred
3.70%
8-15
45c
$15c
preferred
Pennsylvania
Pennsylvania
Pennsylvania
5
9-
A
preferred
$1
Co
^Pennsylvania Electric
9-30
9-10
$1.06
common
Electric Switch Co.—
$1.20 preferred class A
2
$1.25
National
$1
8*
50c
preferred
6%
common
Penn
9
$1.75
9-
6%
5
&
Metal
12-18
11-
6
(quar.)
Telephone
(quar.)
8-15
20c
8-
9-
15c
IHHIII
Peninsular
9-18
$1.50
40c
,
Ltd.,
Venezuela
Peninsular
2
9-20
$1.50
Co.,
Corp.
of
Rust-Proof
$1
_
2
9-15
HI
Reel, common
HI
$4.25
preferred
(quar.)
Parmelee Transportation
(reduced)
Paton Mfg. Co.,
Ltd., common (quar.)
7%
preferred
(quar.)
:
Peabody Coal Co., 6% preferred
(accum.)
Peller Brewing,
Ltd., 5%% pfd. (accum.)
8-22
9-
America—
Dairy Products (quar.)
Co.
Pen
Parker
8-15
9-10
9- 3
National Discount
Corp., common
5%
preferred (quar.)
7%
Parker
9-24
9-15
(quar.)
Co.,
Oil
Parkersburg Rig
$1.75
9-
65c
Paramount Pictures, Inc.
8-29
25c
$1.12'A
(quar.)
(quar.)
Palestine Economic
Pantepec
$2
Hess, Inc
IHII
Co., common
ULIIIIIH
7% preferred (quar.)
IIHI
National Cash Register Co.
(quar.)
HHI
National Container
Corp.—
New
common
(initial)
National Cylinder Gas
Co., com. (quarTIH
4'A% preferred (quar.)
Lead
Mills
8-15
8-15
59 3/10c
8-20
(quar.)
1
lc
Biscuit
National
Pacific
9-25
Co.
1
Common
Bellas
National
Lumber
9-
_
of
Inc.,
9-
I
8%
B'Gosh,
15c
::::::
pfT"(mja~rT~
(quar.)
Battery Co
National
1
Development
preferred
National
10-
9-15
1
Coast
Pacific
$2
9-
preferred
5
1
7-28
preferred
When
Share
Inc.,
2
$4.50
Per
Company
Rand,
8-28
pfd. (accum.)'
(quar.)
Co., $5 non-cum. 1st pfd.
Finance Corp.
(Calif.)
(quar.)
Pacific
A
(quar.)
Chemical Co.
Mutual
$5
5
30c
Mining
Murphy (G. C.) Co. (quar.)
Muskegon Motor Specialties—
class
_
(quar.)
Extra
Muncie
5
9-
Consolidated, Inc.—
(quar.)
$2
~
HI
(quar.)
(quar.)—_
Motor Finance Corp.
Motor Wheel
Corp.
Co.
9-
1
9-
HI
(quar.)
Cafeterias
preferred
Mount
8-15
1
10-
10-
preferred
com
Supply
Remington
1
$10c^
Beauty
Name of
2
10-
Co
Inc.
$1.25
preferred
Morrison
7%
Mills,
8-15
10
40c
4'A%
Tube
preferred
(quar.)
Outboard Marine &
Manufacturing
Oxford Paper Co. $5
1
com.HI
_
$25c
9-
55c
$1.50
10-
(quar.)
(quar.)
(quar.)_
9-16
9-
Participating
t$1 75
Moore-Handley Hardware Co., Inc.,
5%
9-15
t$1.75
*
Ontario
Oshkosh
9
11-10
9-15
Co.,
Seamless
Industries,
j25c
Dry
Morgan (J. P.) <fc Co.
1
$55'Ac
____
(quar.)
8-22
8-
common
Monday, August 25,
1947
Holdert
Payable of Rec.
20c
Mills, Ltd.,
preferred (quar.)
Power
Olin
2
8-25
2
12-
Ohip
Ohib
9-
2
9-
Share
Co
Flour
Associated Telephone—
$2.20 preferred
(quar.)
8-29
2
9-
50c
t44c
(quar.)
(William
9-
34%c
When
Ohio
12-15
9
9-15
$13c
(quar.)
B
9-15
Company
Manufacturing
7 %
9-15
$1.62%
(s-a)
Cottons, Ltd., common.
7%
preferred (quar.)
Moore Corp., Ltd., common
(quar.)
7%
1
1
9-
$1.25
50c
5%%
8-15
1-2-48
50c
(s-a)
2
10-
$12'Ac
Montreal
4%
10-
tl2'Ac
(Mass.)
Co.
A
Ogilvie
J75c
Tool
Chemical
Oak
8-15
9-
Mills
Insurance
Machine
8-21
$1.25
Co., Ltd. (quar.)
Modern Tool
Works, Ltd. (quar.)
Quarterly
Monarch
9-15
9-
2
Per
Name of
25c
(quar.)
S.)
Mohawk
When
Holdert
Payable of Rec.
Share
Service
preferred
COMMERCIAL & FINANCIAL CHRONICLE
10-15
9-30
t31'Ac
10-
$ 31 'A
10-
C
50c
9-
1
1
2
8-30
8-29
8-29
8-12
Acid
60C
9-10
9-
2
'
Per
Brothers, Ltd. (quar.)
Sterchi Brothers Stores (quar.)
Sterling Drug, Inc. (quar.)
Sterling Electric Motors-
tl5c
25c
50c
10c
25c
56c
25c
$1..
25c
Motor
Sterling
& Stern
Truck——.
Textiles, 4V2% pfd. (quar.)__
& Fuller Co
Coke & Coal Co.—
Stix Baer
Stonega
——_____
Stoikline Furniture Corp.
(quar.)
(D. A.) Oil Co., Ltd.
Class A participating pfd.
(quar.)
Participating
—
Vogt
8-15
9- 2
8-15
Warner
Brothers
Warren
(Northam),
25c
Vuican
8-25
8-29
9- 3
9- 3
10- 1
37V2c
10c
40c
(quar.)
2nd preferred
Co. (quar.)
Swift &
International Co., Ltd.—
Swift
Transit Corp.!
Syracuse
—
,
Inc.
.—
Tampax,
Inc.
(quar.)
Taylor & Fenn Co., 4.32%
Taylor, Pearson & Carson,
Talon,
pfd. (quar.)
Ltd. (Canada) —
convertible preferred (quar.)
5%
9-24
Extra
9- 2
10- 1
9- 6
9-15
—
7% pfd. (quar.)
Terre-Haute Water Works,
Texas
Company
(quar.)
(increased)
Co.
Gulf Producing
Gulf Sulphur
Texas
Texas
.
—'
Extra
50c
-
$1
•
10c
$2.50
50c
Pacific Railway Co
„—
Texon Oil & Land Co.
(quar.)
Thermatomic Carbon, $5 preferred (s-a)
Thomaston Mills (quar.)
Quarterly
Quarterly
Quarterly
Thompson Products, Inc., common
4%
preferred (quar.)
—
Tide Water Associated Oil
(quar.)—
Tilo
Roofing Co.
(quar.)
—
Timken Roller Bearing (increased)
—
Title Insurance Co. of St. Louis
Tobacco Securities Trust—
Ordinary (interim)
Toledo Edison Co., 4V4% pfd. (initial quar.)
Toronto
Elevators, Ltd.
(quar.)j
Treesweet Products Co.
(quar.)
Trinity Universal Insurance Co.
(Dallas) —
Quarterly
I
Truax-Traer Coal Co.
(quar.)
.
&
Texas
Tuckett
Tobacco
$1
25c
25c
75c
25c
Underwood
Union
Oil
Rubber
&
Asbestos
Union
Co.
preferred
$3.75
Union
Tank
Union
Terminal
United Air Lines,
Biscuit
New
United
(initial)
Co.
Carbon
3V2%
Weston
(quar.)
Elastic
Corp.
United
Electric
Coal
United
$25c
(quar.)_.
75c
25c
,
Cos.
(quar.)__
Ltd.—
6% class A preferred (quar.)
—
United Grain Growers, Ltd.—
5%
non-cum.
preferred A
United Light & Railways Co. (Del.)—
6% prior preferred (monthly)
6% prior preferred (monthly)
6.36% prior preferred (monthly)——.
6.36%
prior preferred (monthly)
7% prior preferred (monthly)
7% prior preferred (monthly)
United
Illuminating Co..
United Pacific
Insurance
(quar.)
United
Specialties
Co.,
United States Gypsum Co., common (quar.)
Extra
7%
preferred
S.
Guarantee
S.
&
8-15
9-165*
8-25
8-8
8-15
8-14
8-22
7-31
8-22
4%%
U.
S.
U.
S.
preferred
Pipe
Extra
U.
&
Printing
&
U. S.
Rubber
8%
U.
1st
S.
4Vi %
U.
S.
9- 1
10- 1
Co.,
9- 8
9- 8
common
Bumper
56 Vic
'
$1
9- 1
9-10
8-19
8- 8
8-30
6-20
25c
50c
■
9- 2
9-15
9- 1
9-12
8-15
8-30
8-15
8-28
„
Co.
Universal 'Insurance
Co.
(quar.)
Universal
Match
Universal
Pictures
4»/4%
Universal
Products
Co.
Universal
Winding Co.—
90c
Corp.
convertible
Upper Michigan
6%
50c
22Vic
(quar.)_;
Light—
preferred
A
(quar.)
6%
preferred A (quar.)
4Vi%
preferred B
(quar.)
4Vi% preferred B (quar.)
*
Upson-Walton
Co.
(increased)
Knitting Co., common (quar.)_
5% prior preferred (quar.)
5% prior preferred (quar.)
Vanadium-Alloys Steel
Van de Kamp's Holland Dutch Bakers
Utica
,
Van
Raalte
Va_P°r Car
Company,
Heating
Inc._____
7%
Co.,
7%
preferred
preferred
___u.
pfd.
(quar.)
(quar.)
7%
75c
75c
56y4c
56Wc
25c
$1
62V2c
62»Ac
75c
20c
(
60c
$1.75
$1.75
(quar.)_.
Verney
Corporation
$1.75
Chemical Co.
20c
$56c
30c
(quar.)
verney Mills of Canada 4%%
viek
pfd.
(quar.)__
(quar.)
Vicksburg Shreveport &
Pacific
6%
V[
t
partic.
Partic. preferred
Iron
preferred
(quar.)__
preferred
8-15
9-8
8-15
9-8
9- 8
8-30
9- 2
8-15
10-1
37'/2c
37V2c
9- 2
9- 1
9-25
11- 1
2-2-48
5-1-48
8-2-48
40c
40c
9-15
9-15
(quar.)
6 7o
preferred
(quar.).j.
Visking Corp., class
Class B
12- 1
$1.50
(quar.)
preferred
b/o
•
9-10
12-10
9- 2
10- 1
9-2
$1
$31'/4c
62VaC
37%c
(quar.)
Dare, Ltd., 5% preferred (quar)__
Virginian Railway, common (quar.)
6%
9-10
9-20
12-2?
8-15
9-10
8-20
9- 1
9- 1
$6
Virginia
6%
9-29
12-30
9-29
12-30
9- 1
8-29
10- 1
10- 1
9-15
(accum.)
&
8-15
$2.50
$2.50
75c
(accum.)
Coal
9-1
10- 1
1-1-48
10- 1
1-1-48
9-12
9- 8
10- 1
1-2-4B
9- 2
9-30
9- 1
Chemical" Corp.—
preferred
Virginia,
/
Ry.—
Common, (s-a)
5% non-cum.
preferred
(s-a)
viking, Pump
Co.
(irreg.)_
Virginia-Carolina
A
&
Company,
preferred
Wisconsin
(quar:)_
(quar.)
11-15
Electric
11-
8-11
8-11
8-11
8-29
Woolworth
1
9-19
10-
1
9-19
10-
1
9-19
25c
9-
2
8-15
9-10
8-30
25c
9-
1
8-18
$i.oey4
10-
1
9-15
$1.12 y2
9-
1
8-25
25c
9-
2
(quar.)_
_
9-
2
10-15
$1.50
—
20c
9-
2
8-22
28c
9-15
8-30
$1.12 ya
9-15
(s-a)
Insurance
common
9-
3iy4c
8-29
25c
9-
3iy4c
(Rudolph)
Worsted
Mfg.
& Towne
Co.,
5
18-25
9-
5
8-25
9-
50c
.
8-20
8-11
37Vac
;
v
'
9-15
8-22
8-18
9-11
10-15
1-15
4-15
7-15
»
9- 5
A- 5
mated
9-
2
8-22
$4C
10-
1
tPayable
9-
2
10-
1
11-
1
tPayable In U.
25c
12-
1
11-20
—
9-
25C
2
8-30
10c
10-
15c
11-
15C
15C
1
1
8-15
8-15
9-
New
in Duncan,
refinery
has
been
approved
on
Aug.
by
Okla., to the above corporation
War Assets Administration, it
19.
will
Corp.
Oil
in
10
pay
cash on closing the sale
25%
and the
years.
of
$3,000,000.
directors
Dividend of 25 Cents—
Aug. 18 declared
011
regular quarterly
the
and
C.)—Acquisition, etc.—
of 37o $103 par value
Slntco, Ltd., in con¬
of debenture notes of
subsidiary of Swift International Co.,
Swift International Co. (S. A.
the company acquired $14,500,000
preferred stock and 10,000 common shares of
sideration of the sale of Sintco of $14,600,000
On
5
Aug.
S.
Ltd.,
I.,
wholly owned
payable on demand, at 27c.—V. 165, p.
a
each dated June 30,
983.
Sylvania Electric
Allen
2-1-48
9-16
8-15
56y4c
$1
10-
as
President of
Colonial Radio
subsidiary, but will continue as a director.
G.
Mitchell, President of the parent company,
a
Don
the subsidiary.—V. 165, p.
Acting President of
Corp.,
will serve as
3175,
against Technicolor, Inc.,
Kodak Co,
civil action was filed
Eastman
action
The
Eastman
In the District Court of Los
charged the two Technicolor companies
Kodak to "restrain and monopolize"
Angeles.
with conspiring
the business of
cinemaphotography.
color
professional
the source. Non¬
Income tax.
15% Canadian non-residents' tax.
filed charges of anti-trust law vio¬
Technicolor Motion Picture Corp., and
Attorney General has
S.
U.
The
lation
with
dividend.
Inc.—Anti-Trust Action—
Technicolor,
1-25
1
9-15
—-
Products, Inc.—Resignation—
re-igned
Gardner
H.
5
Corporation and
General
stock
an extra dividend of 25 cents per
dividend of 50 cents per share on the
344,000 outstanding shares of common stock, par $10, both payable
Sept. 15 to holders of record Aug. 29.
Payments of 50 cents each
were
made on March
15 and June 14, this year.
A total of $1.75
was paid in the
year 1946.—V. 166, p. 508.
10-25
tax deductible at
7%. a Less British
8. funds, less
par
Sutherland Paper Co.—Extra
The
10-20
—
funds,
oil
an
cost
share
9-20
25c
(quar.)
15%; resident tax
20 authorized the listing
value common stock of tills
Aug.
on
25-cenl
/Spare parts and automotive maintenance and office equipment arc
from the sale.
The purchaser has the right at any time to
sell or otherwise dispose of mechanical equipment and scrap not neces¬
sary in conversions or alternate uses'of the processing equipment.,
*
C. H. Wright, President of Sunray, previously announced that if the
company's sealed bid, submitted Aug. 4, were accepted, the company
would immediately construct a 93-mile six-inch pipeline between the
Beckett plant and the company's Allen, Okla., refinery.
Sunray has
purchased pipe for the project and construction will begin as soon a«
an
aerial map survey is made.
The pipeline and three booster pump
stations will cost about $1,200,000.
The remodeled Sunray plant will
be "on stream"
within nine to 12 months, it is estimated by com¬
pany officials.—V. 166, p. 707.
8-20
25C
25C
closed for this
Canadian
in
tax
of
8-21
Jamaica Income tax.
books not
•Transfer
shards
excluded
C.
10c
Co._—r—____——
Co. (quar.)_.
(quar.)
—,
common
1
9- 2
5ey4c
(quar.)
L
—
30%
Less
Exchange
Curb
catalytic cracking unit and H. F.
units. Included in the sale we»-c
12
employee houses.
Changes and additions necessary to make the
plant a complete modem refinery will be made by Sunray at an esti¬
The
x
work
plant consists of a two-stage
alkylation and butane isomerization
8-16
9-
—
4%% preferred
Sheet & Tube
of
Murray Corp.
8-16
1
25c
(Increased)
int.
Common
Youngstown
8-30
8-20
1
of
Sunray
8-15
10-31
common
Co.,
the
Drug Co.—Acquisition, etc.—
announced
remainder
8-15
90c
—
—
Cab
8-25
1
.
1
Corp.,
9-16
8-15
2
20c
Co
Monthly
Monthly
York
1
8-29
$1.06y4
Wrigley (Wm.),
Monthly
_____—_
Yellow
8-15
9-
10-
9-
1
10-
Mines (quar.)
Jr. Co. (monthly)
Wyandotte
8-21
10-
75c
Co. (quar.)—
Trust—
beneficial
Wurlitzer
4
30c
Wright-Hargreaves
Yale
9-
8-11
2
10-15
$1.50
(quar.)
preferred
4%%
(F. W.)
of
9-
$1
Investment
World
8-15
8-25'
$5
■
Brothers.
Woolf
2
50C
—
Light
at
The
9-15
1
9-
9-10
$3
—'
(quar.)—
—
Wood Newspaper Machinery
Corp.—
5% conv. pfd. (quar.)_.
Woodall Industries, Inc. com.
(increased) —
5%
conv.
pfd. (quar.)
Woodward Governor Co. (quar.) ___________
Extra
10-
12M.C
(quar.)
Life
&
dispute
for
8-15
8-29
(quar.)_
Power
labor
The relinery was built by the government at a cost of $15,150,000
the production of 100-octane aviation gasoline and was operated
during the war by Associated Refineries, Inc., a group of eight inde¬
pendent concerns.
9-18
1
8-29
50c
(quar.)
National
weeks
York
$5,100,000
was
8-29
$$1.12 y2
(quar.)
preferred
4V2%
corporation
out
been
Sunray Oil Corp*—Buys Oklahoma Refinery—
for
2-1-48
9-15
35c
preferred
this
by
have
343.
New
Sale
1
25c
(quar.)
Power,
preferred
preferred
10-
5(JC
Corp
common
resumed
Murray supplies Studebaker with 'certain sheet
5,200 additional
1
2-1-48
2-15-48
$1.25
(quar.)
4V2%
Co.,
Wisconsin
assistant attorney general in charge of the anti¬
Technicolor, which does over 90of all busi¬
professional cinemaphotography, has entered into a series (|
of agreements with Eastman whereby patents, new developments and
informaUon
relating to color photography would be "reserved for
Technicolor's exclusive use in the professional field."
Eastman Kodak Co. declared it is proposed to meet the anti-trusfc
F.
John
Sonnett,
said
division,
trust
in
ness
charges
166,
filed
by
Department
Justice
the
against the company.-^-V.
60.
p.
Transmission Co.—Definitive Bonds—
pipe line bonds, 2%% series, due 1966, of
Tennessee Gas & Transmission Co. are available for delivery
in exchanfe for temporary bondsi at the Chase National Bank of the City
of New York, 11 Broad Street, New York, N. Y., or at the First Na¬
Tennessee Gas
(Continued from page
Definitive first mortgage
12)
Co^—Sells Fischer-Tropsch Chem¬
Tba
contract between
Chemicals, Inc. covers the sale of
recently
Industrial
announced
water-soluble oxygenated
synthetic gasoline plant
and the Plant
of Stanolind,
Stanolind plans to build chemical recovery
and separation plants adjacent to each of the synthetic gasoline plants
and plans to refine the byproduct chemicals
to meet current trade
specifications.
U. S. I. plans to build plants at the two locations
to manufacture an additional line of chemicals using part of Stanolind s
Fischer-Tropsch chemicals as raw materials.
Chemicals not consumed
by U. S. I. in its operations will be sold as such.
Mr. Bullard pointed out that each of the synthetic gasoline plants,
which
employ
a
greatly improved version of the German FiscrnerTropsch process. Is expected to produce upwards of 100,000,000 pounds
per year of water-soluble oxygenated hydrocarbons.
V. 166, p. 707.
20.
Aug.
(N. Y.) Edison
Staten Island
company
has
Inc.—Acquires Florida Plant—
W. B. Stokely, Jr., President, on Aug. 21 announced the purchase
by this corporation from The Polk Co. of Tampa, Fla., of its plant
at Tampa, together with the right to use the Polk "an'ie and brands
for all citrus and citrus products.
Possession will be taken immedi¬
ately.
The Polk plant has a yearly capacity of IV2 million cases.
The
Polk company is controlled by Ralph Polk,
Sr. and family.
Ralph Polk, Sr. and Ralph Polk, Jr. developed the first commercially
successful extractor for grapefruit juice in
1936. These machines,
Stokely-Van Camp,
by
Food
Machinery
Corp.,
were
leased to many Florida
the Polks have been develop ng
removal of grapefruit section. They
now
wish to devote full time to the development and leasing of spe¬
cial
mechanical equipment for citrus processing and
will set up
facilities for (his work, ooerating as the Polk Development Co.
with
headquarters at Tampa, Fla.—V. 165, p. 255.
and
Texas
equipment
canners.
for
the
For
some
mechanical
years
«
011 Aug.
18 filed a registration statement with the
$40,000,000 of first morgtage pipe line bonds/due 1967,
company
covering
and
100,000
writers
repay
shares ($100 par)
cumulative
Stone & Webster Securities Corp.,
preferred stock.
Under¬
and White, Weld & Co.,
finance new construction and
$7,500,000 of outstanding notes.—V. 166, p. 572.
..
are
York.
New
will
Proceeds
Third Avenue
be
used
to
Transit Corp.—Interest
Payment—
MacDonald, President, 011 Aug. 20 announced the directors
payment of l'/4% interest, Oct. 1, on the adjustment
mortgage income bonds.
Mr, McDonald said that this payment is
being made tiut of reserves; but the policy of the board in respect
to future payments on the adjustment 5s would depend upon earnings.
—V.
166, p, 412.
M.
John
had
authorized
Timken-Detroit
Axle
Co.—Suit Ended by Consent
Decree—
of unsecured
/2 h
handled
The
SEC
Co.—To Issue Notes—
asked the SEC for authority to issue and sell
notes to four New York City banks. The com¬
pany said it will use the proceeds to complete construction of a new
power plant.
The notes, maturing April 1, 1948, would bear 1
a
year interest.—V.
165, p. 3060.
The
$500,000
.
Registers With SEC—
this company and U. S.
hydrocarbon chemicals produced both by the
planned for construction by Carthage Hydrocol, Inc.
to
be
erected
by Stanolind, E. F. Bullard, President
on
Chicago, 111/
tional Bank,
icals to u. s. i.—
announced
Power &
preferred
$1.06>/4
pfd. (quar.)
(irreg.)__
11-
11-15
75c
(quar.)———
Inc.
be
employees
8-18
25c
Stanolind Oil & Gas
common
2
5
87^2 c
(quar.)
Lace Manufacturing
Products,
8-30*
9-15
Co.—
(quar.)
Corp.,
Stove
preferred
12-17
5c
preferred
Steel
9-
preferred
8-16
9-15
8-18
8-18
com.__
(quar.)
&
9-15
9-
9-20
95c
common
will
cars
company
due to the
which are issuable in exchange for all the outstanding
Drug Stores, now known
as Sun Ray Drug Co.
of
Jersey.—V. 166, p. 60.
9- 1
$1
$2
Lithograph Co.,
1
(quar.)
Inc
10,000
company,
of
Gold's
9-15
9-15
preferred™-...
Spring
United
10- 1
50c
-
;
preferred
8-20
8-15
8-20
62Vic
(quar.)
Co
5%
9- 8
9- 2
9-15
9- 2
1-2-48
9-20
10- 1
_
S.
U.
10-1 > 9-15
65c
._
(quar.)__
Co.
___
Potash
9-15
9-15
50c
class A
(s-a)
Card
S.
8-19
8-12
$1.06V*
$1
50c
22Vic
40c
•
50c
(quar.)
pfd.
Foundry Co.
Playing
8-22
Machinery—
participating
Co.,
resident
U. S. Leather Co. $4 partic. non-cum.
U. S. Lines, common (quar.)
10-
(increased)—..
Inc.,
Wisconsin
8-15
9-15
8-15
9-15
8-15
9-15
9-11
9-30
$1.50
$1.25
(s-a)
(Wm.)
Wisconsin
9- 2
10- 1
9- 2
10- 1
9- 2
10- 1
10- 1
8-29
8-27
10- 1
50c
10-21
$1.25 2-15-48
Works
Stores,
3.G0%
9-10
50c
50c
53c
53c
58Vic
58Vic
55c
$3.50
25c
50c
Y.)—
3
The
(quar.)„
(quar.)—
Co.
passenger
three
165," p.
of
11-
(quar.)
pfd.
of
Sun Ray
50c
75c
Grccers
Paper
Machine
$4.25
7-31
$1.75
(N.
Co.
Hoffman
7
8-15
Products
Stores
Wilkes-Barre
9-10
1
8-
2
(quar.)
$4.25
10- 1
10-
V.
75c
Instrument
Wieboldt
10- 1
$1
Inc.
■
-
8-15
8-27
15c
A
almost
8
Co
Whitman
J$1
.
2
8-
Timber
Villa
White
Whitaker
$75c
i
9-
8-26
(quar.)
Chlorine
Auto
Ctfs.
(quar,)_
U.
U.
4V2%
—
—
9-15
1
interim)
(special
(Geo.), Ltd., 4V2%
Whites
Fuel Investments,
(quar.)
8-15
7-25
9-
9-12
series
has been appointed transfer
metal parts.
Final assembly operations ol Studebaker will be preceded by body
manufacturing which was scheduled for resumption on Aug. 22.—
9-
(quar.)
Electrical
Weyerhauser
8-15
9- 2
9-10
8-30
9-10
9-10
2
8-29
10-
75C
Coal
Westmoreland,
Weston
8-20
25c
50c
in Detroit.
12V2C
(quar.)
preferred B
Westmoreland
9-20
9- 1
9-1
9- 2
for
8-15
(quar.)
A
preferred
3.8%
10- 1
9- 2
8-15
Inc.—
preferred
1638.
26.
8-30
$1
$6
Aug.
Approximately
8-30
$2.25
Co.,
p.
New York, N. Y.,
stock.
common
Production
on
Western Tablet & Stationery—
62V2c
30c
$1
17V2c
9-10
8-15*
60C
___
164,
Studebaker Corp^—To Resume Production—
$9
5%
preferred
(quar.)
Westinghouse Air Brake (increased)
Westinghouse Electric Corp.,
common
Wilson
-
Ltd., class B
Corp.
United
preferred A
9-30
$2
$1.12V2
$1.25
(quar.)
5% conv. pfd.
of America—
Co.
common
United
5%
,
(quar.)-..
pfd.
Inc, 4V2%
United Aircraft Corp.,
United
preferred
10-15
50c
8-15*
1
(quar.)_
(quar.)
Supply (quar.)
RR., common
5%
Whitin
93%C
8-16
1
9-
(quar.)
Westvaco
Co.—
Co.
Auto
8-29
;
Storage
2
9-
15c
Pacific
Common
6%
(quar.)
Cold
9-
$1.25
preferred
Corp.,
Utilities,
Western
9-10
10- 2
Gas
Western
Willson
.
Sugar
Texas
11-10
(quar.)
A
Co.
Car
Ohio
West
8-16
Co.__
Snowdrift
&
Indies
West
2
25c
Manufacturing Co.
Oil
t$1.75
partic. prior preferred
4%
$4
9-
22Vac
*
420,256
$1.79
$3.00
8-15
20c
(year-end)
preferred
(quar.)
West
8-30
$1.12
(extra)
conv.
for the
agent
5
53%C
Common
35c
(quar.)
Co.
Co.
-of
excess
split in September 1946.—V.
The Empire Trust Co.,
8-20
9-
3
25c
_
stock
profit and earnings per share were re¬
amounts shown.
tAfter giving effect to 2-for-l
Net
Strong, Cobb & Co., Inc.—Transfer Agent—
75c
conv.
Engineering
Wesson
11-15
,
8-20
9-15
10-
37V2C
:
pfd. (quar.)_»
common (quar.)
$4
Co., 4%
Wellman
8-21
8-20
8-25
9-30
(quar.)
(quar.)
Motor
&
W .ntworth
California—
of
preierred
Weeden
25c
(irreg.)
Corp.
5%
Waukesha
6%
Inc.
Uarco,
9-15
50C
Pictures
D.) Co.,
preferred
(quar.)
8-1
8-21
9- 2
12J/2c
8-15
Petroleum
8-11
8-25
8-20
8-20
5%
,9-8
$1.06 V* *
9- 1
tlOc
9- 2
stock
figures.
700.000
8-15
9-15
in
ported
8-15
(quar.)
Corp., com, (quar.)
preferred
(initial)
Washington Railway & Electric, common
Participating units
9-15
12-15
3-15
6-15
9- 1
9- 1
9- 2
9-15
9- 5
8-30
Mills
3V4 %
9- 2
11-25
9-15
8-15
9-15
t30c
(quar.)
Gooderham & Worts
(S.
$4.50
8-26
50c 4-1-48
50c 6-25-48
25c
9-15
(quar.)
South LaSalle Street Corp.
208
Warren
____
50c' 1-1-48
(quar.)_
pfd.
7%
Co.,
9-15
9-30
9-29
12- 1
10- 1
9-15
9-15
$1
$1
Warren
8-11
9-10
8-22
8-26
(interim) —
■^Estimated
8
40c
(quar.)
Extra
9- 4
$1.75
50c
30c
50c
10c
25c
$5c
profit after all charges
tEarns. per share on 234,000 shs. of cap.
4«
98-
(quar.)
(Hiram)
Wamsutta
8-15
8-18
8-15
9- 2
8- 8*
9-2
25c
Corporation (quar.)
Teck-Hughes Gold Mines, Ltd.
preferred
Walker
8-16
8-20
9- 4
8-22
Tennessee
9-20
9-10
$42,500,000 $33,385,265
Net
25c
8-15
8-15
8-29
9- 1
8-30
9-24
10- 1
(quar.)
Corp.
Telecoin
$12y2c
75c
Amulet
4%
8-19
40c
9- 1
2c : 10- 1
75c
9- 2
50c
9-15
12V2c
8-28
27c
9-15
—
9-30
1946
*1947
Sales
9-15
$20c
(quar.)__
Corp.
9-30
10-15
49
Stop & Shop, Inc.—Sales and Earnings at High—
Years Ended June 30-—
8-15
75c
(quar.)___
(accum.) __i__
Electric
Holdera
2
9-
$1.50
prior pfd.
conv.
Mines, Ltd.—
Walgreen Company, common
,
Deposit receipts (quar.)—Svlvanite Gold Mines, Ltd. (quar.)
$3
preferred
Wagner
Waite
8-15
5c
Superior
Corp..
$4.50
8-25
$2
Oil Co. (Ca'if.)_—-—»——-——
Tool & Die Co. (quar.)
Swan-Finch Oil Corp., 6% preferred (quar.)
9-15
Superior
%
Corp
9- 2
Oil Company
4
Mfg.
9-15
8-29
8-15
9-30
8-29
9-17
8-30
8-15
8-18
(801)
Payable of Rec.
20c
10- 1
9-12
9- 2
10-10
9-25
10- 1
9-10
9- 2
8-28
Stuart
Sun
When
Per
Share
Name of Company
,
t60c
1—1
CHRONICLE
FINANCIAL
&
Holdert
$20c
Btedman
Stern
When
Share Payable of Rec.
of Company
Name
COMMERCIAL
THE
Number 2623
166
Volume
government's anti-trust
The
terminated by consent
action against the company
decree, the company
has_ announced.
has been
said the consent decree terminates sub-licenses to
Department of Justice objected.
Company enteied into
company
The
the
which
consent decree when it wias assured it
of Justice wishes without incurring
ment with the government,—V. 166, p. 60.
the
ment
Trans-Arabian
Pipe Line
could comply with Depart¬
liability under its agree¬
Co.—Draws $25,000,000 on
Loan—
company
The
is
borrowing
the
oil
The
to
fields of
the $125,000,000 it
petroleum earner from
has drawn down $25,000,000 of
finance the construction of a
Saudi Arabia to Mediterranean.
$25,000,000 was
obtained from eight
.i,n®"ra"cef^om^a"1.f^nv
uv
to be made available to the -company
y
companies between now and July 1, ih49.
The companies and
their proportionate |h"re of
are:
Metropolitan, $40,000,000; Equitable Life $40.000 000, New Yorx
*10nrTnnnn- Mutual Life of New York, $7,500,000, Northwestern
remaining
these
t
if.
$100,000,000 is
insurance
the tlJS^oaOOO
50
(802)
THE
Mutual, $7,500,000; Aetna,
Travelers, $4,000,000.
The
loan
Vacuum
is
Oil
being
Co.,
is
currently
guaranteed
Is
owned
Oil
subsidiary
a
Oil Co.
by Standard
Inc., Standard
C°Trans-Arabian
Mutual Benefit Life, $4,000,000;
$4,000,000;
Co.
(N.
J.),
lateral
Oil
Co.
and
on
Socony
Jersey
Aramco
before
or
July 1,
Trans-Arabian
at
the
July
rate
1,
of
to
each
has
and,
agreed
2.55%
per
1962.—V, 165,
$45,000,000
to
on
before
or
July
The
the
The
division
Wade
Mo.,
the
has
company
T.
newly
facture
of
long-term
a
Hutchens
Metal
plant
Trailmobile's
would
new
lease
said.
be
The
$300,000
a
Co.
of
of
Operating
Operating
Ended—
revenues
profit
of
Net
profit
per
share
Revenue
plane
miles
Revenue
passenger
Passenger load
Available
factor
ton
Revenue
$0.20
Is
miles
ton
miles
♦Includes
~
retroactive
adjustments.
tLoss.
JExcludes $458,610 de¬
as
International Division
Development expenses;
includes re¬
troactive adjustments.
§After Federal income tax credit.
HRevised.—
V. 166, p. 164.
*the
Tri-Continental Corp.—Earnings—
Other income
Total
—
$74,517
$72,187
699,720
—
1946
$74,128
631,754
569,964
581,653
5,864
Dividends
$705,883
10,410
$644,481
32,137
97,224
$653,840
41,647
78,977
1945
1944
33,883
—
income
$817,639
•Taxes
Expenses
Interest
105,788
Net profit
Preferred dividends
94,141
•
155,395
.
140,065
110,537
$442,854
$378,138
424,140
$609,522
—
424,140
$422,679
424,140
424,140
sale of
on
BALANCE
securities for six months ended June
30,
SHEET,
JUNE
30,
1947
ASSETS—Cash in banks,
$695,425; investments in U. S. Government
securities—at cost, $1,012,926;
investments in other securities—at
cost,
$42,343,816; dividends and interest
receivable, etc., $140,109;, special
deposits for interest,
dividends, etc., $247,586; total, $44,439,862.
LIABILITIES—interest
due
for
securities
purchased,
stock
($1
(no
loaned
$8,245;
debentures,
due
par),
for
1,
Mr.
sale
Corp.—Closing Date
set
Cerf
of
Aug.
said
stock
28,
that
$3,534,500;
total,
common
$44,439,862.—V.
165,
90%
for
latest information
together with other
the
required
automobiles
share
of
shows
that
company
$15,000,000
be on the
Preston T.
first
part of November,
building thfe new fear-engine
Twenty-five special models
road
proceeds
cash
under
terms
to
(&
6 Months
Ended June 30—
taxes
Operating income
Non-operating
Subs.)—Earnings—
1947
(not
incl.
Federal
taxes)—
income
on
funded
_
—>
—
debt
Amortiz. of discount
Miscellaneous debits
$400,720
19,918
on
1946
$8,317,472
6,777,800
23,618
$420,638
122,799
$1,563,290
5,054
6 843
2,544
*
on
2'500
649^979
-
income.--.
with
Earnings
per
common
$752,623
$0.06
$2.81
_
•Based
on
present
capitalization.—V. 165,
Light
would
would
reduce
Corp.,
of
the
Light
&
the
be
(1)
no
Traction
subsidiaries
of
a
plan
Co.
United
and
Light
involving the issuance of
Railways common stock for each
&
Traction
&
not
owned
now
by
the
parent
eliminate
the
and
of
the
Commission's
remaining
questions
to
order
be
of
Aug.
determined
5,
manner
1941,
tinder
the
dividends
the
on
preferred
loans.
bank
stock
Payment by the consolidated
company of
its
on
of
pany
(4)
a
and
the
minimum
present
of
$1.50
common
a
stock and purchase
by the consolidated com¬
equity in the proposed Michigan-Wisconsin
Pipe Line Co.
distribution by Railways to its
common
stockholders of its
the
The
interests
in the properties of
the continental
system after completion
pipeline.
The
distribution
would
be
effected
through the
declaration of dividends in
stock, offering for sale to Railways' stock¬
holders, or otherwise disposed of upon terms and
conditions approved
by the SEC.—V. 166, p. 413.
of
the
The directors on Aug. 15
declared
share and a special dividend
of
75
10 to
a
regular dividend of 25 cents per
cents per share, both
payable Sept.
stockholders of record Aug. 27.
Payments of 25 cents each were
on March
15 and June
14, last.
In 1946, the
following dividends were paid: March
15, 15 cents; June
15 and Sept. 17, 20 cents
each, ahd Dec. 10, 25 cents.—V.
164, p. 1254.
Months
of
Ended June 30—
sales
Net
operating
Income
credits
and
administrative
expenses
income....
aggregated
the
$272,930
and
(&
profit
($10
($100
par)
—
—
three
for
dividends
on
months
ended
profit.
income
'
trated
its
During
were
the
__
revenue
radio
during
1939
and
1940.
It
was
one
which, .manufactured
of
having
war,
television
on
last
$114,884
ances)
for
concen¬
efforts
the
first
quarter
and
the
of
television
was
of
and
the
plans
to
sales
of
of
radios
were
do
$176,430.
sales (after
gross
television
returns
so.
sets
During
and
allow¬
$832,074, while the comparable
Corporation expects to continue to
figure
produce
of
radios,
future
and
radios
of
prospects
do
corporation
the
plans.
not
figure
as
an
under
its
)
has
jection television Sets which
table
to
gross
were
$44,411.
only a limited number
important factor in the
smaller
continue
the
sales
1947
sets
sets
1946
gross
five months of
radios
concentrated
are
adapted
to
on
"big
larger
picture"
audiences
pro¬
than
the
or
console models, and which find a
receptive market
large homes, clubs, bars, grills and other
places where large numbers
in
of
people congregate.
States to deliver: "big
its
first
The
corporation
picture"
"big picture"
the
was
projection
first
sets
to
having been delivered
set
in
in
the
United
well-known dealers,
September, 1946.
'
The
"big picture" projection home sets
provide television pictures 21V*
by 16 inches, having a total area of
340 square .inches, which
the size of the 10-inch
"direct-view" type pictures/'I In a
"direct-view" set the audience is
looking directly at the enSf6f the
is
six
times
ray tube which receives and
the vision sending station.
by
view"
reproduces the image transmitted
Cathode ray tubes for use in '"directin size from 7 inches to 20
inches.
Even the 20-inch
picture only 171/4" inches
by 127/a inches,
sets range
tube
gives
a
having a total
approximately 222 square inches:
In order to
get the larger
image a system of optical lenses produced
by Bausch
& Lomb is utilized
by United States Television
Manufacturing Corp.
to project the
picture.
*
"
area
of
"big
picture"
-
The
even
corporation
has
recently produced a "big picture" set with an
designed for use in clubs, taverns and other
places
assembly.
This new set, which is
designated "The Tavern
larger
public
screen
Symphonic," has
of
The
475
they
were
are
a
"
'
has
inches by
concentrated
on
19
especially adapted to places of
expected
to
inches, having
"big
and
did
provide
the
picture"
public
first
total
a
because
sets
congregation which
important
new
corporation
vision
set
which
short-wave
also 'produces
includes
radio.
an
This set
has
283,329,180 231,710 008
234,300,445 190 855 309
29,972,396
24,87l',872
15,982 827
399 661
438 100
10-inch
the
for
market
"direct-view"
phonograph
designed for home
:
also
w.ith
set
lower-priced
duction
.
a
automatic
is
part
corporation
television
petitive
<|*
25
screen
inches..
square
corporation
console
and
FM,
and
use
of
tele¬
and
AM
the
this
corpora¬
model.
(test
generators
sweep
1945
•
.
cathode
model
490J48
operating
Guaranty Trust Co.
instruments for television, FM and
radar), Television HF High-Voltage
Power Supplies and
Television transmitter
and Receiver
Yokesj but
these constitute only a minor
$'1.77
166, p. 610.
19,056,339
_
(net)..—.*.
Registrar,
($4),
equipment, high frequency
test equipment And other
electronic devices for the Armed
Forces.
It
produced and sold radios
exclusively for a short period after the war
while it put its. television sets
into production.
In
April, 1946, it
sold 99,000 shares
of, its common stock' to the public
through Willis E.
Burnside & Co. at
$3, realizing $225,000.
Since Jan.
1,
1947, ttie
corporation has greatly reduced its radio
production and has
of
its
designed
standard
business.
'
7-inch
a
broadcast
yet
home
market.
This
set
has
not
for
table
the
com¬
into
gone
•
•
"direct-view"
reception
pro¬
and the earliest date it could
go into production would be
1947.
The decision as to when to
put it into production
based upon competitive
September,
will
be
conditions.
All.-television
90-day
rial.
......
credits
stock at par
hopes to produce and sell
increasing numbers
The corporation also
manufactures and sells
$2,367,000
1,296,043
Subs.)—Earnings-
expenses..
and
companies
the
tion
1947
general
and
75,000 shares of
and
sold
television
sets
produced
and
sold
24
television
sets
before
it
suspended
television
production
to
work
on
war
contracts,
During
the
war
period
the
corporation
produced FM
mobile radio
transmitters and
receivers
for tanks and
jeeps, radar
limed pulsers, direction
finders, telegraph
The
$3.11
$
and
Corp.—pre.
Co., Inc.
entertainment and educational
medium—television, and (b) because
the margin of profit is
greater
on
these
large sets than bn the
smaller sets.
The supply of parts is still
somewhat limited and the
corporation can use all parts it can
obtain
more
profitably in the
large console sets than in
smaller, lower-priced sets.
107|000
sales
administrative
Co.
081
It
television
few
before
(a)
30
166*
1946
$4,620,000
1,477,431
sold
Trust
2 67,343
working capital.
BUSINESS—Corporation was organized in New
York
engaged in laboratory,
engineering and research
AND
1939.
in
the
The
six Months Ended June
30—
goods
June
$2,260,000
preferred stock.—V.
(&
Colonial
York.
22,
work
499,241
18",000
stock
agent,
HISTORY
May
area
1947
._
3 25,888,615
166, p. 310.
New
387,222
66,109,100
17,590,920
12,842,400
50,154,127
PURPOSE—The est. net proceeds to the
corporation will be
($223,000)
and will be used for general
corporate purposes as additional
working
capital.
It is the intention of the corporation to
pay off the past-due
accounts payable which total
$107,719 as of April 30, 1947, and
pastdue Federal excise taxes and State
franchise taxes which total
$105,31®
as
of April 30, 1947, with
profits from current operations
plus what¬
ever
part of the .proceeds of this offering is
necessary in order that
the
present
earning position of the corporation wiil no
longer be
burdened by those old debts.
If profits decrease
markedly it is pos¬
sible that
the greater part of the
proceeds may be used for
this
pnrpose.
The remaining net proceeds will be used
as
Tele
$244,346 respectively.—V.
outstdg. at June 30
share..—.....
per
Operating
of
40,000,000
11.647,225
12,933,025
55,050,638
——
.—
943,945
463,238
65,109,100
17,610,920
par)—
.
Transfer
$1.33
210,000
$4,602,000
United States Rubber Co.
Other
a
cumulative convertible preferred
Shares are offered as a speculation.
$665,832
.
(est.)—
shares common
Selling,
832,889
19,500.000
40,000,000
40,000,000
13,192,305
1, 1967
5%
278,632
Subs.)—Earnings—
Regular operations—after taxes
Sale of securities or vessels
(net)
of
re¬
United States Television
Manufacturing
ferrecl Stock Offered—Willis E. Burnside
&
Mercer Hicks & Co., on Aug. 19 offered
499,241
for
United States Lines Co.
Cost
—V.
$1.77
;
...
Six Months Ended June
30—
Net
stock
surplus—
$1,154,464
outstanding
1946
•Earnings
pfd.
stock
Total
•of
share......
707.
No.
non-cum.
Earned
$881,710
Zf.
per
shares
net
and
f—
—
surplus
$1,549,497
127,787
540,000
income
on
income
Total
contracts
1
—
Common
$831,173
323,291
income
charges
1947 and
government
notes..
Capital
$1,282,194
267,303
......
NOTES—Depreciation charges
p.
1946
$17,265,446 $13,955,445
14,540,771
11,838,350
1,442,481
1,285,922
......
general
Net
Subs.)—Earnings—
1947
...
Selling,
Capital
6,149.597
10,000,028
12,879,593
—
inches
....
Earnings
...
taxes—
PRODUCTS—Corporation
made
Cost
3,000,000
S.
liabilities
under
bank
present
United States Graphite
Co.—Special Dividend—
sales
8%
and
Section
11
aggregate cost of
interest on the
share
U.
Minority interests—
company,
SEC
The
(3)
(less
Twenty-year 2%% debentures due April
2%% debentures due May 1, 1976
2
(B)
(2) of the Holding Company Act."
involved in the proposed
plan include:
redemption of Railways preferred at the call
price and the
redemption of American Light preferred at $33 a share
with
funds
obtained through the sale of the
Madison Gas & Electric Co. and
by
offering the common stock of the Detroit Edison
Co. of which Amer¬
ican Light owns
1,418,125 shares, to its stockholders.
(2) The refinancing and
increasing, if conditions require, of the
consolidated system's
$34,000,000 of outstanding bank loans.
The in¬
terest on
$50,000,000, the petitioner asserts, would be less than
(1)
year—_
liabilities
Serial
for
End
expeditious
provisions
will
(B)
Other
3176,
p.
Would
with
2
151 344
$120,965
share..
Plan
company.
the mergers,
that
not
all
one
stock
taxes
notes)
accrued
accrued
lated
that
parent
United
only
Aug.
income
———
Files
stock
common
American
$1,539,672
169,276
—
funded debt_
Federal taxes
Net
$8,081,646
7,680,926
income
Interest
the
Light
•After provision
——
—
Gross
the
declared
of
of
filed
__
in
revenue
&
despite
fact
and annual sinking
years
Action
Says
Electric
Provision for Federal
taxes
,
exps.
into
York,
of
&
American
but
Income
-
now are in the
course of construction at
Tucker plant
in
Chicago's southwestern industrial center
should be completed
and
within 60 to 90
days.
Mr. Tucker said
that tooling for the
production of 1,000 cars per
:hift is
progressing satisfactorily.
In discussing progress
Uward this production
being made
goal, Mr. Tucker said that
patterns are now
cmg released and that
the company
already has requested bids on
the huge dies
necessary to form the
modern, stream-lined body of the
car.—V. 166, p. 707.
Gper.
SEC
the
of
the
Twin City Rapid
Transit Co.
the
two
intermediate holding
com¬
outstanding preferred stock of American
Light & Traction by elimination of the preferred now held
by United
Light & Railways. 4
...
"Approval and consummation of the plan," Mr. Fierman
main¬
tained, "will effect compliance in a feasible and
from
amount
active service by the
Tucker, President of the company
bearing his name, said Aug. 18.
car
charges,
to
due
<
shares
New
Gas
share
company
panies
Gross
will
service
is
Rys.—Stockholder
10,000
merger
petition
0.8
Net
Chicago, head of the selling and distri¬
of
$20,000,000 stock of the corpora¬
closing date for sale of Tucker shares.
his
of
Subscriptions—
sale
plant agreement..
Operating
the
Railways,
The
about
3
Making Progress Toward
Early Production—
Tucker
stock
the
as
far
so
approximately
V*.A.A.
share,
per
surplus, $30,254,753;
Floyd D. Cerf Co., Inc.,
buting group handling the
has
$25
debt
This
U. S. Industrial
Chemicals, Inc. (&
Tucker
tion,
payable, etc., $318,095;
$202,200; due for securities
taxes, etc., $332,751; 27/s%
$7,360,000; $6 cumulative preferred
cash,
expenses
1961,
stated value
par), $2,429,318;
dividends
against
reserves
March
3328.
p.
accrued,
debt.
upon
outstanding
♦Corporation has elected to be taxed as a
regulated investment com¬
pany and as such should have no
liability for Federal income tax in
respect of the above net incomes
NOTE—Net profit
1947
$427 159.
annual
the
Transactions
1947
$84,036
—„—
its
savings
29,167,282
Within
income
,
other
Other
Holding Companies—
Fierman,
Continental
and
11
96,465
earned
Treasury
Ail
of
Reserves
&
of
owner
for
the
there
6 Mos. End. June 30—
Light
L.
t§$0.22
ferred
Interest
dependent
Intermediate
As
Federal
-
call
calling
t$5.80
improvement
notes maturing
payable—common
Accrued
the
Harold
f*$201,476
f§214,787
14,446,495
11,542,094 1113,084,004
277,070,887 169,015,335 274,961,209
74.4%
61.5%
87.1%
49,852,764
36,501,429
42,378,306
33,676,962
22,115,703
31,710,965
miles_„
and
payable.
bank
Dividend
—
in
Mergers—Petition to
Mar. 31,'47 June 30,'46
$258,349 t$5,208,876
201,690
$5,723,423
profit
construction
the consummation of financing arrange¬
ments
which
are
now
pending, and is, accordingly subject to the
receipt of the redemption monies by the corporate trustee before
Sept. 15, 1947. See V. 166, p. 610.
$20,451,746 $12,772,748«$18,539,284
20,193,397
17,981,624 118,740,760
—
expenses
Operating
Net
June 30, '47
reduce
made
York
This
Transcontinental & Western Air,
Inc.—Earnings—
Months
Serial
Advances
will
being
United
3
for
requirements will be lower.-
New
tank
facilities
LIABILITIES—
Accounts
part
and
Monday, August 25,
1947
been
outstanding first mortgage and collateral trust bonds,
3% series, due 1962, have been called for redemption on Sept.
15,
next, at 103 14 and interest.
Payment will be made at the Guaranty
Trust Co. of New
York, corporate trustee, 140 Broadway, New Yorx,
Springfield,
production
have
investors.
Calls 3% Bonds—
exclusively to the.manu¬
trailers, he added.—V. 165,
tank
1962,
corporation
All
devoted
type
3328.
p.
on
Products
in
bonds
The
1949.
1,
the loan, which bears interest
beginning Jan. 1, 1951, and ending
Childress, President,
acquired
of
taken
the
used
1967.
maturity date is being extended for five
fund
Trailmobile Co.—Expansion—
trailer
due
increase
the
1510.
p.
be
due
facilities
repay
annum,
will
bonds
gage
own
1948;
bonds
to redeem $92,205,000 outstanding 3%
bonds due 1962.
The remainder, with $5,000,000 to be received from its
subsidiary, United Gas Pipe Line Co., in payment of promissory notes,
will be used to purchase
$18,695,000 of the Pipe Lines 4% first mort¬
by
soon
will
privately with institutional
Proceeds
Standard of California and Texaco, with Jer¬
join them as partners.
California, Texaco
30%
of Aramco, with Socony owning the
remaining 10%, when current negotiations are completed.
The terms of the $125,000,000 loan to the
company
provide that
Trans-Arabian may take down the funds thus: $25,000,000 on or be¬
fore Sept
1, 1947; $20,000,000 on or before Jan. 1, 1948; $35,000,000
and
sey
trust
placed
Socony-
ofN California and The Texas
of Arabian American
COMMERCIAL & FINANCIAL CHRONICLE
Custom
freedom
done
currently
freedom
installations
from
512955
rently
sets
guaranty of
defects
by
in
by
defects
currently
the
in
carry
workmanship
factory
a
produced
from
and
corporation
workmanship
carry
and
a
mate¬
one-year
guaranty of
material.
Service is cur¬
a
division.
•
.
.
•
..v
>
.
-
'
Union Carbide & Carbon
Corp. (&
Quarters Ended:
Gross sales
and
discounts,
returns
allowances)
Other
income
Total
Cost
(less
——-
sold, selling, general
and
administrative expenses
Depreciation & depletion
Net
profits taxes
Ib5,
90,676,744
...
per
p.
90,456,866
3,759,682
3,724,355
11,288,700
(est.)
14,444,600
share...
$i,80
2319.
Income
Interest
on
76,127,090
3,651,170
10,048,124
$2.04
$1.52
funded
r
{.eater
i
•
ased
Inc.—Cargo Operations Increased—
*uPera,}iot}H of United Air Lines in July were nearly 65%
In the
than
on
Aug.
same
19
by
M.
P.
period
miles
to
year,
according
to
figures
re-
Bickley, Manager of cargo
sales.
operations in July reached an estimated
as
oQQKnn1^ Lan*f air e*press
099,500 cargo ton
miles amounted
last
against
679,800, off 3%,
668,300
from last
a
year
year.—V.
ago.
166,
Mail
p.
ton
509.
United Gas
Corp—Sale of Bonds
Privately—The SEC
Aug. 15 granted the
application of the
1
corporation to
en
e
Privately $116,500,000 2%%
first mortgage and col¬
V"
....
foreign income taxes
certain
ests
in
19,946,148
indebtedness
Equity in earnings applicable
raw
to
materials
—
dividends
1,000 000
Common
dividends..
Common
shares
Earnings
per
—
...
_
...—
outstanding—
common
share
6 517 582
'
'
117 081
11,020,729
2,604,364
3,519,854
1,761,092
9,906,886
2,604,364
2,198,667
1 759 092
$4.78
$4.15
june 30/47
CONSOLIDATED BALANCE
Dec. 31/46
$
SHEET
$
—
(less
Other
and
notes
reserves)
accts. and
Inventories
receivable
notes
receivables and
advances under
other
government
refund
of
excess
Properties, plants
Plantation prop.,
and
63,415,135
2,555,331
132,225,419
res.)
and
assets
57,143,322
to
taxes
3 170 953
101,086',716
832,889
943 945
(foreign
(net)
equip, (net)
♦Net sales—;—-...
Cost of goods
sold-—
Selling and admin, exps.
Prov, for doubtful
accts.
Operating
Other
profit.—
♦Net
2,308,482
728,945
2.096 160
74,*807,586
67!979*344
6,752,507
5,876,277
3,793,311
2,566,480
Total
325,888,615 267,343,081
*
" *
" 1946
,• i
/ 1945 ,
$763,264 v*$359,842
„
$660,559
income/—C—usales
in
{Administrative
1946-47
expenses
CAPITALIZATION,
'
'
: ■
1944 •
$568,213.
.
409,934
809,593;;
105,461
5,000
139,792'
-
375,735./'■ 445,846
•
*22,362
t
$12,901'
-
16,656
—
.
$140,162
t$202,777
t$38,255
518
Other deductions_c
Federal income tax
Prov. for contingenciesNet
•
——Years Ended Dec. 31-—
April 30/47
12,448
3,632
$140,681
t$190,328
12,250
Cf4,790
t$34.623
income
Total ' income-
•
728,945
equipment
plants and
deferred
relating
contracts
profits
only)
Miscellaneous investments
25,750,939
customers
(less
assets
governments
Prepaid
38,469,010
...
Cash,
Postwar
from
receivable
A Mos. End.
2,129
30,615
____
ASSETS—
Accounts
SUMMARY OF OPERATIONS
392 333
81,706
DwIlet
Preferred
'
16,933,882
848,105
6,995^608
minority inter¬
subsidiaries
Cash
United Air Lines,
..
Provision for Federal and
Prov. for adjustment of
1,105,686
$16,886,312 $19,185,107
$14,189,269
...
—V.
1,422,582
122,611,438 127,810,928
104,015,653
(est.)
excess
income
Earnings
1,645,679
—
goods
Income &
Subs.)—Earnings—
June 30,'47 Mar.
31,'47 June 30, *46
$
•
$
<
$
120,965,759 126,388,346 102,909,967
(net).
income
of
Total
$109,468
'
470
61.828
.
$109,939
26,074
.
.
'
:>61t8&
Cr57,098 /
10.000
$107,936
and
contract
charged
GIVING
to
billings
contract
10,000
t$49,353
$$197,788
$11,976
prior
costs.
EFFECT TO PRESENT
*
5% cum. conv. pfd. stk.
(par $4)__—.
Common Stock
(par 50c.)
Common stock purchase
warrants-—
Authorized
150,000 shs.
♦1,000,000 shs.
55,000
fLoss.
thereto.
t
i,
FINANCING /
Outstanding
75,000 shs.
319,000 shs.
55,000
*
•55,000 shares reserved for
the issuance of warrants and 75,000
shares reserved for
issuance on conversion of
preferred stock.
SECURED
DEBT—Corporation has no funded debt but it does have
a
debt secured
by pledge" of assets.
Because of the long period of
expensive development of
television sets before full scale marketing of
the product could be
achieved the corporation
incurred a large deficit
in excess of its small profits from war
1945 and 1946 greatly
during
THE
Number 2623
Volume 166
contract work during 1242, 1943 and 1944.
(The)
Therefore, it had to
Inc.,
money to purchase supplies and obtain working capital.
Since
Dec
17. 1945, Manufacturers Credit Corp., of Washington, D. C., has
advanced loans to the corporation amounting to 80%
of the face
■value of, and secured by specified accounts receivable and inventory.
orrow
The
of this outstanding loan balance
for which accounts receivable of
£89 521 and inventory of $75,878 were pledged.
Interest is at the rate
of 12% per annum on the average daily outstanding value of collateral
accounts during each month.
This is an effective rate of approxi¬
mately 15%
a year on the outstanding loan, since the collateral
accounts are 125% of the loans.
If the present loan balance were
maintained throughout the year the total ihterest charge for the year
would be approximately $19,850.
If the financial position of the
corporation continues to improve it hopes to be able to effect such
necessary borrowing at lower interest rates from banking institutions.
WARRANTS—55,000 stock purchase warrants were authorized at
the stockholders' meeting of March 18, 1946.
Each warrant entitled
the holder thereof to purchase, at any t.ime subsequent to May 1, 1947,
and prior to May 1, 1951, at $3.50 'per share, one share of the common
stock.
For services in connection with selling 99,000 shares of common
stock at S3 per share in April, 1946, Willis E. Burnside & Co. was
allowed to purchase 30,000 warrants.
For services to the corporation,
Hamilton Hoge, President, was allowed to purchase 17,000 warrants,
John Hoge,
Vice-President and Treasurer, was allowed to purchase
4 000
and Francis H. Hoge, Jr., 4,000; all of the foregoing 55,000
warrants being purchased at the price of $0.05 per warrant.
As of
April 2, 1946, 55,000 common shares were reserved for issuance when,
as and
if the 55,000 common stock purchase warrants shall be exer¬
veas
proceeds
bonds
will
be
used
Net
sales
Cost
&
840,905
97,529,585
760,160
93,583,309
87,862,969
740,202
18,459,993
4,111,330
4,836,191
4,980,138
401,421
582,041
317,317
*19,168,163
profit
_.
4,512,751
5,418,232
5,297,455
199,626
201,558
137,820
8,045,000
2,090,000
3,363,000
13,394,000
..
income
income
Federal
Net
and
state
taxes
profit
Preferred
Net .'sales
sales——
of
Cost
$5,701,714
876,000
876,000
437,347
437,347
8,466,050
stk.
com.
Earnings
909,778
583,129
540,327
452,288
583,129
583,129
$17.27
$2.31
$1.67
$1.52
$1,510,887
share
per
296,792
(incl.
SHEET,
BALANCE
in banks
and
31,
MAY
$6,247,348;
hand,
on
1947
U. S. Govt,
secu¬
accounts and notes receiv¬
able, less reserves, $9,003,159; inventories, $36,232,175; other assets
and investments, $4,389,529;
capita! assets (after reserve for depre¬
ciation
net,
of
accrued
$19,814,408; process, patents and trade-marks,
and deferred charges, $180,414; total,
$12,535,789),
$25,770;
$3,032,024;
interest),
prepaid
expenses
LIABILITIES—Accounts
preferred
dividend
payable July
profits
taxes
payable
payable
June
2,
and
and accrued liabilities, $9,893,388;
1947, $298,000; common dividend
income and excess
reserve for con¬
reserve for Federal
income
taxes,
$9,921,022;
1947, $728,911;
l,
state
Operating
Other
tingencies, $3,000,000; $4 convertible preferred stock (300,000 shares,
no par), $17,813,036;
common stock (600,000 shares, no par), $2,758,750; paid in surplus, $3,200,000; capital surplus, $5,805,751; earned
surplus, $26,238,221; capital stock reacquired, at cost (preferred stock,
8,000 shares, $480,840; common stock, 16,871
252; total, $78,924,827.—V, 165, p. 2182.
198,023
$289,854
shares, $245,412), $726,-
Cost
of
of
Farm
for
Provision
income
Net
Earnings
♦Includes
ji
.
profit
/
the
$147,560
38,298
$8.25
of
sale
$2,612,109
$2,378,930
9,643
1,929
2,287
9,165
$640,250
$712,308
$2,621,274
633,237
(net)
deducts
other
ments
157,987
.171,990
$1,988,037
$540,318
$482,263
income
$1.73
675,170
$1,713,404
company-held O'Sullivan
posr+ble
reasons
is
it
to arrange' companies in exact
However, they are always as near
position
as
not
$542,586; other accounts
receivab'e^ $41,188; inventories, $933,074; investments in securities (at
( book value), $87,035; cash value of life insurance (net of $10,454 loans*
thereagainst), $19,854; property, plant and equipment (after depre¬
ciation reserve of $444,395), $980,243; goodwill, $1; prepaid interest
and insurance, $29,944; prepaid expense, $59,733; total, $2,841,433.
$206,690;
notes
payable
(bank
loans), $100,000; accrued interest, $2,882; accrued salaries and wages,
$35,170; accrued payroll taxes, $33,941; accrued taxes on income, $463,658; 5% debentures notes, $239,000; reserves for Fed. taxes on income
(portion of liability deferred for year 1942), $52,888;
reserves for
cash surrender
value of
life insurance, $30,308; common
stock (par
$5), $426,457; (less, treasury stock, 1,035 shares at cost, Dr), $21,442;
surplus
(revaluation
of
assets), $110,989; paid-in surplus, $10,304;
earned surplus, $1,150,588; total, $2,841,433.—V. 152, p. 3362.
LIABILITIES—Accounts
payable,
Sell.,
Period End. June 30—
Operating
Operation
—.
Maintenance
—
Depreciation
Amort,
of
1,864,334
232,818
__
259,600
——
plant
Other
income
Operating
Operating
alphabetical
alphabetical
Net. cper.
Other
693,168
3,310,178
292,712
3,444,164
$696,242
$815,362
7,535
9,752
J,348,629 $12,247,602
150,835
267,578
$688,707
$805,609
Balance
Interest
180,123
loss
—
„
amortiz
and
Special charge
:
/
2,279,322
2,072,998
* 1,006,346
-
Net income
$625,485
$512,142
$6,124,795 t$8,694,356
rata amount of that portion bf premium and
redemption of bonds which is equivalent to resulting
reduction in Federal income taxes,
tlncluding $706,474 representing
pro rata amount of tax reduction resulting from sale of transportation
property,—V. 166, p. 413.
../
f
• .
/
*Representing
Expenses
pro
on
586,000
System, Inc.
Total
sales
f *Alfcer
all
TOn 425,900*
144,722
$0.34/
share
Fed.
•/
$0.46
$9,588,034
369,536
$0.65
income taxes.
•/ •"//•
share
per
$25,
declared
on
payable
the
Oct.
holders
to
of
income-.
Gross
preferred stock,
Sept. 13.
A similar
record
on July 1, 1947, which was the first since April 1,
when. 37Vz cents was also paid.
/
.
,•/'/'
Arrearages,
after
giving
effect
to
the
current declaration, will
ioJ!"61}1 was made
*941
792,700
$2,077,698
1,680,420
to
$9
share.—V.
per
Ward Baking Co,
165,
p.
2716.
.
the
$40,960,587 $32,037,338
28,737,689 21,398,815
incl. advertising
9,502,190
7,619.920
_
exp
619,197
administrative
expenses——I
Profit from operations
—.
nuriJ1 tfom.sale of property and plant items..
f
Gross
merest
interest,
on
$1,748,396
$2,220,855
159,404
5,479
34,494
80,000
46,913
40,000
♦Special
kwh.)
$143,533
99,583
$274,943
88,697
$282,784
377,648
$832,320
376,252
(M cu. ft.)
2,617,277
2,047.938
9,130,287
7.829,661
-—
charge—
buyer.
~
debentures
income
taxes
89,001
$2,311,938
177,493
I,
Sales
(M
dec.
of
Sales of
gas
representing portion of
to estimated resulting
tax.—V. 165, p. 2590.
♦Special charge
surplus equivalent
income
Federal
income
finings
V.
165,
per
p.
■
common
2182.
__
share—I—
is
covers
single-story
a
working
area
Wickes
Boiler
Co.
179,764
722,000
818,000
$1,150,892
$1,314,174
$1.35
$1.57
plans
operate
to
in the production of
plant
the
peacetime heating uses.
boilers for
of machinery now in
will be removed at government ex¬
plans to purchase selected items
company
plant.
'•
I
units not bought
All
'•
■
'
'
,
Product—
Wilcox-Gay Corp.—Announces New
This
which
laboratories for several
The
in
been
has
recorder
ities
a home recording
coin-operated, full'
manufacturers of Recordio,
combination, announces a new
corporation,
radio-phonograph
automatic
of development in the
process
years.
manufacturing facil¬
Coin-Recordlo.
it is announced, has complete
producing the discs to be used on the
company,
for
will
be
exclusively
handled
appointed by the company.—V.
distributors
special
by
163, p. 113.
Co.—Earnings-
Western Union Telegraph
The
certain items charged to
reduction in provision for
Co^—RFC Loan—
option which otherwise would have
has exercised an
$10,000,000 from the RFC under an agreement
which had been negotiated in connection with company's acquisition
of Postal Telegraph in
1943, Joseph L. Egan, President, discloses in
remarks accompanying six months earnings.
The loan bears interest at 4%
a year and is repayable in instal¬
ments over the next three years.
The company, upon 30 days notice,
company
expired,
prepayments from time to time or may prepay the whole
unpaid principal amount at any time.
Proceeds of the loan,
temporarily have been largely invested in short term govern¬
make
may
of
borrow
to
the
which
securities, will be used to
outside the State
program
LEARNINGS
JUNE
FOR
,
FIRST
exp._.
the plant improvte-
Net
—V.
1947—6 Mos—1946
$
$
15,514,037 106,400,511
14,210,913 95,675,068
86,684,394
89,477,192
1,303,124
10,725,443
197,952
709,311
inc—.
1,818,142
1,501,076
11,434,754
Deduc. from ord. income
488,003
524,658
3,000,455
♦1,981,109
3,221,453
income-
1,330,139
976,418
inc. (net)
12,943
6,476
8,434,299
Dr39,944
Gross
ordinary
ordinary
curr.
during
from
earned
'
(net)—
165,
♦5,202,562
81,124
204,611
8,394,355
5.67 miles,
imately
(Alan)
20,000
982,894
1,009,082
6,258,355
♦4,936,827
The
SEC
Taxes,
of
Co.,
Eberstadt
&
soda
mining
ash
ash
Aug.
18 filed
a
plant.—V.
165/ p.
2461.
485,054
74,189
682,000
29,000
60,000
$994,025
tax———
income
92,995
128,647
344,000
—
9,936.99;
327/ 9-
*$133,375
♦Loss.
CONSOLIDATED
JUNE
SHEET,
BALANCE
30,
1947
U. S. Governm—t
income taxes and
savings bond deductions (contra), $90,255; notes and accounts rece.
able (less reserve $199,038), $2,047,132; claims for refund of Fede
I
income and excess-profits taxes, $204,772; advance payments on
contracts
$838,341; inventories, $4,486,790; land, $748,995; plant and
equipment ore reserves, etc. (less reserves for depreciation and de
tion, $23,221,639), $9,146,833; mine development costs (less amor'*
tlon), $466,506; patents, $1; deferred charges, $59,410; total, $21,*
in banks and on hand, $1,416,239;
$2,265,557; cash for employees' Federal
ASSETS—Cash
securities,
770,831.
dividend,
preferred
July
payable
1,
sundry accruals, $2,8*"
$161,604; accrued -tajmv
Federal income taxes and savings bond purchases withh!'1
from employees (contra), $90,255; reserves, $562,854; 7%
cumulati s
preferred stock ($100 par), $7,186,133; common stock (200,000 no P*r
shares)
$4,388,889; surplus, $5,465,881; reacquired preferred stpek
(37 shares at cost), Dr$3,700; total, $21,770,831.—'-V. 165, p. 2461.
$1 083 900;
—Earnings-—
Electric Light & Power Co.
Period End. June
30—
Operating revenues
Operating expenses—
Depreciation
■
—
Taxes, other than Fed¬
income——•—
eral
income
(est.)
tax
Operating income—
income——
1947—3 Mos.—1946
$1,072,726
$963,643
451,140
63,886
347,598
78,535
168,000
276,075
725,000
173,733
52,200
67,100
$3,943,695
1,429,On
274,"'"*
825,003
706,169
180,000
182,317
1947—12 Mos.—1946
698,en
$4,298,476
1,653,909
268,900
29,2r3
$140,283
$131,577
630
631
$668,423
2,120
$687/57
$140,913
59,017
$132,208
$670,543
$689/03
83,256
274,217
333, <T5
363
120
3,938
5,635
Cr2,164
54,000
Crll,4r3
2,4
1
Non-oper.
Int.
on
income
long-term debtand misc. de¬
less expense
registration statement with
30,000 shares of $3.75 cumulative preferred and
common
stocks both without par value.
Underwr.ter
15,598,021
$502,432
Pennsylvania income
Corp.—Registers With
the
30,000
is F.
Inc., New York. Proceeds will be used to complete
facilities in Wyoming and construction of a soda
on
company
$10,228,'^5
8,031,613
244,155
—
tax————
income
4*2
46/ 1
26,311
— +
taxes
income
and
Federal
50,897
$9,199,078 $17,896,850 $10,181
and depletion—
other than social security
ductions
Products
1947—6 Mos.—1946
$9,225,389 $17,947,747
expenses—
and
oi
of
to
$81,533
elec. vn-""'/—
(kwh.)—
eict.
•Reoresenting
V.
p.
2591.
26,916,252
portion of certain
estimated resulting
165,
Cr2,864
—
income—.
Net
Sales
nes
premium,
charge.
♦Special
covering
3 Mos.'47
Depreciation
3217.
Chlorine
abandonment, "s
of its entire i/ie
Junction, app. „.w
Subs.)—Earnings—
Wood Steel Co. (&
Amort, of debt
Westvaco
>
1,222.090
in Washington County, R. I.
Other int.
SEC—
92/83
RR.—Abandonment—
and
sales
Gross
to
p.
$2,18G,duO
operating revenue.—
Interest, rentals and other income-
♦4,916,827
2,136,000
982,894
1,343,082
334,000
surplus
•Deficit.—V.
$2,870,502
8 issued a certificate permitting
foreign commerce, by the company
of road extending from Hope Valley to Wood River
Fed.
net income
transf'd
inc.
Net
$659,671
Aug.
on
Yonkers
non-
acc'ted for
month——
inc.
Net
Deduc.
262,850
interstate and
Maintenance
Net
Extraord
$3,408 r
$709,205
Wood River Branch
The ICC
811,689
—
$922,522
$3,913,022
1,042,520
3329.
♦2,792,798
200,004
Ordinary income
$3,315/36
LIABILITIES—Accounts payable, including
1,618,138
revenues—
oper.
$3,868,058
44,963
271,677
deducts.—
income
p.
$921,290
1,232
$967,398
13,484
—
income
other
163,
015'
SIX MONTHS
$
$
.
rev.
AND
17,661,521
16,043,383
revenues
Operating
finance in part
of New York.
1947—Month—1946
Period End. June 30—
Operating
$3,565,576 $15,802,544 $14.49' " h
2,644,286 11,934,485 11,183,293
$4,026,416
3,059,018
$980,882
income
(net)
income
&
Int.
1947—12 Mos.—19'6
1947—3 Mos—1946
revenues—
oper.
Net
shares
Net
Administration, in announcing the sale on Aug. 6, said
1.69 acres of land leased to the government « h
structure of steel and brick which contains a
of 41,000 sq. ft.
1
Assets
facility
which
Costs
income
2,082
142,585
etc
_
Estimate^ Federal
303io09
$2,050,385
royalties,
income
494,739
353,115
(Mich.) Plant—
Co.—Buys Saginaw
purchased
has
company
War
the
Net
6,459
ductions
———-
vwL*. delivery & selling,
uidends,
July 6, *46
allowances.
and
of
Period Ended June 30—
de¬
misc.
and
mium
Delayed income
July 5,'47
rllf Sai6S
Jw
goods sold
Priff
-
(& Subs.)—Earnings—
27 Weeks Ended—
depreciation
General and
*
791,000
$1,102/21
$0/4
for $110,000 the surplus engine lathe
and boring lathe plant in Saginaw, Mich., that was operated dur''-1
the war by Wickes Brothers, a company that has no connection with
$2,628,433
1,709,200
of
amort,
int.,
$2,619,553
8,880
$707,722
427,300
416,125
long-term debt-
on
$2,050,274
27,424
.
amount
4,068,000
$5,790,072
$8.57
returns
plants
Wickes Boiler
2,846,994
303,000
$701,921
5,801
$566,117
—
convertible
cumulative
6%
1
quarterly dividend of 37,/2
a
3,101,500
168,000
6,113
income
Non-oper.
Net
Disney Productions—Preferred Dividend—
on, Aug. .14
718,973
$560,004
income
Operating
$0.86
-
786,000
$1,080,266
$1.10
the corporation were completely idle from
Jan. 21,
1946, to Feb. 18, 1946, due to the general strike of stec ■
workers called by the United Steel Workers of America
(CIO) and
some
operating units were idle during April and May, 1946, due
.o
the shortage of coal caused by the strike of coal miners which closed
all coal mines of the corporation.—V. 166, p. 413.
NOTE—The
to
ment
$9,652,097
278,096
Including
(est.)_
tax
income
1947—6 Mos.—1946
provision for Federal
shares outstanding.—V. 165, p. 2320.
charges
,be directors
cents
Par
$4,878,427
196,758
$4,796,475
Net profits
TEarned per com.
Walt
Subs.)—Earnings—
(&
1947—3 Mos.—1946
1,986,000
share-
com.
discounts,
Gross
$5,623,819 $24,256,145 $22,526,411
2,992,057
14,537,935 12,145,200
1,665,964
423,868
1,781,436
2,456,000
2,482,000
619,000
800,371
90,700
income—-
eral
ment
Waldorf
3,814,989
expenses
Depreciation
Taxes, other than Fed¬
..
Period End. June 30—
$6,329,216
revenues
477,152
58,197,794 $11,980,024
176,565
revenues
income—net
693,168
1,582.963
3,328,004
57,764
334,267
297,456
,
$2,841,804
$4.19
(est.)
Oper. exps. and taxes—
debt expense less pre¬
57,764
279,340
—
.
—_
Operating
1947—12 Mos.—1946
1947—3 Mos.—1946
Maintenance
Net
taxes
taxes
per
428,COO
5.. 4
422
386
in-
profit
♦Less
390,170
645
189,913
-
Federal
taxes
207,017
\
,
-I-
for
Net
3,463,683
long-
.interest—
come
3,869,344
possible.
Period End. June 30—
acquis,
adjustments
Federal
premium
and
debt
Other
Westchester Lighting Co.—Earnings-
Other
$3,102,111 $41,982,937 $40,726,321
1,175,875
20,030,204
16,848,009
186,969
3,159,621 - 3,188,129
239,160
2,996,971
2,838,443
$3,687,556
revenues
net
1,831,910
2,016,058
-
funded
Cr4,257
Cr251,109
Crl,172
Cr244,913
—
admin.
and
and
on
term
Net
1947—12 Mos.—1946
1947—Month—1946
•
assets
gen.
expenses
Other
Int.
Virginia Electric & Power Co.—Earnings—
.
2,782,585
Period End. June 30—
always
$25', 173),
of
2,371,436
Wisconsin Power & Light
mechanical
NOTE"—For
order.
reserves
1,416,177
company's
$2,388,573
ASSETS—Cash in hand and on deposit, $147,773; notes and accounts
(after
1,207,783
of
sales
or
—V. 164, p. 2836.
CONDENSED BALANCE SHEET, DEC. 31, 1946
receivable—trade
37,837,194
4,861,277
amortization——
and
Coin-Recordio
110,477
$695,177
upon
$710,021
income
&
stock. '
common
6,408,602
$638,321
79,885
/
$76,647
Rubber Corp.
Int.
Net
stock—„____
common
on
34,466
427,690
share
per
income
Gross
58,176
..
paid
Dividends
Other
77,365
1,565,987
6,361,863
income
oper.
39,719.023
4,506,855
Gain on ordinary retire¬
$9,020,710
$2,276,008
1,642,938
taxes-
and
exps.
Net
1947—12 Mos.—1946
$8,740,792
1947—3 Mos.—1946
$2,281,259
revenues
22,157,422
2,694,139
sold
chgs.
oper.
and
maint
for deprec., depl.
Repairs
pense.
12,506
129,626
income—___
on
22,848
1,252
———
taxes
Oper.
84,777
$374,631
17,511
expense———.
Depreciation/-,
;
•115„337
$1,329,432
—
.
Operating
352,035
$51,262,996
21,586.532
2,388,401
revs.
products
other
and
and
sales
The
West Texas Utilities Co.—Earnings—
Period End. June 30—
———_
paid
—
—1
depreciable assets
Interest
;
—-
—
income
Gross
Sale
expenses
operating profit
income credits
Net
—/
475,028
$60,464,437
133,497
the
profit
manufacturing
Gross
193,429
$31,971,964 $30,172,181
etc.
This
$78,924,827.
$487,877
$1,214,095
•
$50,910,961
purch.,
on
583,129
(no par)
ASSETS—Cash
rities
3,000,664
.
'
disct.
Earns,
$3,488,541
4,190,827
—-—
;
1,765,635
" 876,000
437,347
876,000
1,603,605
dividends
Surplus
Shs.
1945
1946
1,853,674
2,223,125
10,945,655
dividends
Common
1947—6 Mos.—1946
1947—3 Mos.—1946
$31,838,467 $29,973,752 $59,989,409
„
Prov.
ACCOUNT
INCOME
COMPARATIVE
Ended Dec. 31—
For Years
cash
Int.
Total
1946."
cents per share was
to holders of record
June 20.
This was equivalent to 75 cents per share on the old $5
par value common stock which was split-up on a five-for-one basis
in April, 1947.
A dividend of 75 cents was paid on the old shares on
April 10, last, while on March 11, 20 cents was paid.
In
1946, the following payments were made:
On March 11, June
10, Sept. 10 and Dec. 12, 20 cents e-ach; and on Dec. 20, 30 cents.
!
sales
int., rentals (net),
Prov.
$
95,834,865
771,225
Interest
be approximately double the volume in
July 2, last, an initial distribution of 15
on
the new $1 par value common stock
On
June 3,'44
$
$
138,790,708
exps.
♦Gross
fixed
1947 will
made
June 2,'45
708,170
and
amortization
Operating
Other
14 announced that "operations during 1947
extremely satisfactory, and we estimate that our sales volume in
are
(& Subs.)—Earnings
June 1,'46
158,091,606 100,717,420 103,125,936
sales
Wheeling Steel Corp. (& Subs.)—Earnings—
Period End. June 30—
Total
177,508
of
Deprec.
Aug.
on
company
sinking
610.
p.
May 31,'47
CONSOLIDATED
The
fund
$200,000 of bank loans, and the bal¬
5%
of
51
(803)
Divs.,
$327,000
retire
$
Md.—Operations
Double Last Year's
May
1947
in
to
Wesson Oil & Snowdrift Co., Inc.
9 Months Ended—
Products Corp., Hagersitown,
Victor
Satisfactory—Sales
$650,000
publicly offered
Jan. 1, 1948, to repay
working capital.—V. 166,
on
for
ance
p. 703.
166,
cised.—V.
21
Aug.
& Co.,
of 15-year
1962, at 98% and
Offered—Paul
Welsbach Corp.—Bonds
on
CHRONICLE
FINANCIAL
&
4y2% sinking fund bonds, due July 1,
interest.
April 30, 1947, the total amount
$127,216, as collateral security
On
COMMERCIAL
reduction in
$51,696
25,673,475
$340,552
$362,417
102,052,082 106,807,8
.
surplus equivale..>
provision for Federal income tax.
items charged to
52
(804)
THE
L
C7
COMMERCIAL
ARKANSAS
State
Teachers'
(P. O. Arkadelphia), Ark.
due
Bond Sale—An issue of
$224,000
was purchased
by the W. R. Stephens Investment
Co., the only bidder, of Little
Rock.
Interest 3%,
$150,000
1961
payable semi¬
.t
000
to
Leotta
to
2s,
1965
bids until
election held
Central
Contra
District
authorized
Costa
(P.
O.
Sanitary
Walnut
—were
14
166,
v.
—
awarded
to
a
from
414
p.
at
& Co., of San
Francisco,
Moulton & Co., of Los An¬
geles,
Weeden
&
Co.,
Heller,
Co., both of San Fran¬
cisco, California Bank, of Los An¬
geles, John Nuveen &
Co., of
Chicago, Stranahan, Harris &
Co.,
Inc., of Toledo, Paine,
Webber,
Jackson
&
Curtis, of Chicago,
First of Michigan
Corp., of New
York, William R. Staats
Co., of
Los
Angeles, Stone
&
Youngberg,
J. Barth &
Co., Lawson, Levy &
Williams, Hannaford & Talbot, all
of San
Francisco, Jones, Cosgrove
& Co., of
Pasadena, C. N. White
&
Co., of Oakland, and J. S.
Strauss &
at
Co., of San Francisco,
price of 100.1605, a net inter¬
a
est cost of about
2.87%,
follows:
as
$610,000 3s, due on June 15 from
1948 to 1961
inclusive, and $1,190,000 2%s, due on
June 15 from
1962 to 1977
inclusive. Only one
bid was submitted for
the bonds,
which are dated June
15, 1947.
•
Costa
County,
Brentwood
Union School
District (P. O.
bids until 11
the
a.m.
purchase
exceed
of
on
Aug. 25 for
$104,000 not to
5%
interest construction
bonds. Interest A-O.
Dated Oct. 1,
1947.
$1,000. Due
follows: $5,000 in 1948 to
1955, $6,000 in 1956 to
1959, and
$10,000 in 1960 to 1963. The
as
be sold for
cash, for not less
than
of
must
par
of
and
par
date
accrued
delivery,
state
separately
of
and
accrued
delivery
and
bidder offers
interest to date
state
said
bonds of each,
rate
District.
Principal
and
interest
payable at the
County Treasurer's
office. The bonds will
be ready
for
delivery on or about Oct.
6,
1947, .and will be delivered
at the
County Treasurer's office.
ditional bids will be
The legal opinion
of
No
considered
to
the
successful
charge. Enclose
for
5%
of
the
a
bidder
value
par
bonds, payable
Treasurer.
without
certified
to
the
check
of
the
County
issue at
a
interest,
varying rates
of
interest will be
rejected. En¬
a certified
check for 3% of
he amount of
bonds bid for
pay¬
able to the
Chairman Board of
close
Supervisors.
Angeles, Calif.
Offering — Walter
Peterson, City Clerk, will
bids
Sept.
until
16
for
10
the
;he
C
receive
a.m.
(PST)
purchase
of
follows:*
000
sewer
bonds. Due
$140,
Oct. 1 from 1948
to
on
facilities
$90,000
on
Oet.
bonds
1
from
1948 to 1987 incl.
posed
recreation
and
bonds. Due
$60,000
from 1948 to 1987
on
park
William
Los
Bond Sale
—
posed
A syndicate
com
of Blyth &
Co., Inc., R. H
Moulton & Co., both
of Los An
geles, Heller, Bruce
Francisco,
Bank,
awarded
of
on
and
&
the
Co., of San
California
Los
Angeles,
Aug.
11
an
was
issue
of
R.
all
of
San
,
to
Sold
exceed
at
not
sold.
The
dated Sept. 1, 1947. Interest
M-S.
Due serially from 1948
to 1957 in¬
clusive.
bonds
bonds
will
be
*
for
10,
struction
bonds.
Bond
1,
City Clerk,
bids
until
registered
improvement bonds. Dated June
5, 1947. Denomination $1,000. Due
$10,000 on June 15 from 1948 to
.968 inclusive/ Rate or
rates of
interest to be expressed in
multi¬
of y4 of 1%.
Principal and
interest (J-D) payable at the
for
Denomina¬
each
issue
bonds.
of
Principal and interest pay¬
at the
City Treasurer's office
at any fiscal
agency of the
in New York
City
City. These bonds
are
part of the various issues
ag¬
gregating $53,633,344 authorized
at the election
held on
May 27.
No. bid for less
than
crued interest
or
and
ac¬
for less than the
aggregate principal amount of all
bonds offered will be
considered.
Each proposal
must state that the
bidder offers
par
plus
accrued
state
Chicago,
follows:
as
separately the
premium, if any, offered for each
Oro
Grande School
trict bonds as
2%$, at a
;•
of
100.326,
Second
a
basis
of
highest bid
of
Wm.
at
price
awarded to Estabrook &
Co.,
York, Putnam & Co., of
85,000
R.
of
Union
as
101.575, a basis
highest bid
Walter,
Heimerdinger,
bonds
Woody,
dated
Bonds Defeated—At
Aug.
5
water
San
the
voters
issue
an
Union
County,
Sale—The
were
$60,000
O.
2s, at
by The
Retirement
Employees
a
price of
100.02
The
second high bid for
$22,000
3s, and $26,000 23/4s at 100.06
was
that of Bank of
America Nationa
Trust
and
Savings
San Francisco.
..
Association
,
sive.
—
An
1967,
inclu¬
1, 1957.
Tarpon Springs, Fla.
Tenders Wanted—W. D. Fletch¬
City
er,
sealed
by
Clerk,
will
Union
Trust
the
that
announces
tenders
received
be
Co.,
of St.
Petersburg,
on
until 11 a.m. (EST)
15 for the purchase of
Sept.
1-5% refunding bonds, dated Jan.
1,1939 and due Jan. 1,1974. About
No
sink¬
the
of
purchase
Tenders must describe the
tendered
denomination
price
in
at
tenders
accrued
by
and
which
state the
they
are
excess
in
and
number
must
of
interest will be
offered.
and
accepted.
par
Accrued interest will be paid to
and
including Sept.
bonds
to
available
are
15,
purchased.
be purchased
1947, on
will
Bonds
the extent funds
with
beginning
those tendered at the lowest price.
Notice of acceptance of tenders
Aug.
tached
100.-
Union Trust
by
R.
are
be
to
F.
Co. for payment.
GEORGIA
to
of
j
County (P. O. Adele), Get.
Bonds Defeated—At
held
issue
at¬
coupons
delivered to the
the
system
revenue
authorized by the vot¬
election on Aug. 12.
an
to
Callable after Aug.
recently
authorize
an
an
election
voters
refused
issue, of,
$175,009
the
school bonds.
*»
_
"
;
;
i*
at
1
«
Miami, Fla.
Bond Sale—An
issue of
stadium revenue
to
the
IDAHO
)t!
1
.
Idaho State Board of Education
(P.
$1,600,-
bonds was
Florida National
O. Rupert), Idaho, VdL
Bond Sale—The issue of $2,5000 Southern Idaho
College Dor¬
Trust Co., as 3s.
Dated
May 1, 1947. Due as follows:
$64,-
mitory
Revenue
bonds
offered
Aug. 11—v. 166, p. 612—was pur¬
chased by D. L. Evans & Co-» ot
000
(P.
purchased
Board
Aug. 1 from 1950
water
to
$48,000 schoo
County
as
Voted
be¬
offered
was
election
Oakview
District
and
was
were
1948, and subsequent
dated
made
it
as
will be given promptly. Accepted
bonds with the coupon due Jan. 1,
Hialeah, Fla.
$700,000
rejected,
The bonds
not, exceeding 3s.
They are
dated Aug. 1, 1947 and mature on
from
1
FLORIDA
awarded
School
are
(P. O.
as
Cock
Bonds
Stockton), Calif
Bond
bonds
was
000
Joaquin
drainage
Aug.
Corp.,
Griggs Co., jointly.
bonds
refused
of
to
1964 inclusive.
1.40s
ers
bonds.
water
on
Boston
anc
Oct.
an
1949
Second high bid of
for
for 3s at 100.18
are
from
tha1;
St. Helena, Calif.
authorize
1947.
First
was
bridge bonds.
1
All of the bonds
309
1947. Interest
payable A-O.
on
1949 to
price
2.80%
of
Second
The
storms
bonds. Due
that
a
Aug.
100.000
School
3s, at
on
and
1964 inclusive.
1,
Hinckley
415—was
low par.
all
1.362%. Sale consisted of:
Staats Co., for 3s
District bonds
and F. S.
$224,000 street
or
Not Sold—The sole bid
submitted for the $70,000
building
bonds offered Aug. 14—v.
166, p.
bonds
Moseley & Co..
York, jointly, as 1.40s, at
price of 100.319, a basis of about
a
cou¬
on
County, Eagle Lake School
District No. 9
of New
2.70%.
was
Polk
bonds.
New
Dis-
100.65.
or
par
p.
thereto,
Sept.
15,
1947, at the
Chemical Bank & Trust
Co., New
York City.
Sale—The $324,000 bonds
Aug. 13—v. 166, p. 612
Due
tion $1,000. Rate of
interest to be
in a
multiple of V4 of 1%. Bids
may specify not to exceed
three
rates
con¬
Aug. 11—
611—was purchased
by
Nuveen & Co., of
166,
of
unmatured
appurtenant
pons
Waterbury, Conn.
offered
all
$11,500 is available
ing fund for the
CONNECTICUT
were
with
before
ples
Hartford,
$150,000
struction bonds offered
v.
of
1947.
Sale—The
.
gether
Bonds
(PST), on Aug. 26 for the
purchase of $210,000 not to exceed
5% interest coupon or
Bond
San Bernardino
County Sch. Dists.
(P.O. San Bernardino),
of bonds tendered.
The
accepted by the City for
purchase shall be surrendered, to¬
Bartow), Fla.
Sebastopol, Calif.
payable
or
livery
interest said bonds shall bear.
A
certified check for
10% of the
amount of bonds bid
for, payable
to the Chairman
Board of Super¬
visors, is required.
semi-annually.
incl.
Oct.
Interest
City,
bank
bonds
ivery, and state separately the
premium, if any, offered for the
Donds bid for, and the rate
of
on
Sept. 5 for the purchase of
$75,000 not to exceed 5% con¬
the
pur¬
cash
City
County, Roseville City Ele¬ Treasurer's
office.
A
certified
check for
$55,000, payable to order
of the
Auburn), Calif.
City Treasurer, is required.
Bond Offering
L.
Rechen- Legality to be approved
by
macher, County Clerk, will re¬ Orrick, Dahlquist, Neff, Brown &
ceive sealed bids until 10:30 a.m. Herrington of San
Francisco.
Placer
of
incorporated
chase by the City of all or
none of
bonds
tendered, and shall
state the time and
place for de¬
and not less than par and
accrued interest to the date of de-
sealed
accompanied by a
payable uncondi¬
check
an
re¬
Each
the
only
received
GM
1944.
issue, interest rate,
maturity and
office.
June
on
sold
of
number of each bond
tendered.
Bidders may
stipulate, if desired,
that their tenders are for the
authorized
0 a.m.
611—
bonds are
p.
election held
the
The
the
Amelia L. Kidwell,
The $27,000
school bonds
5%
Treasurer's
are
will
—
Aug. 11—v. 166,
County
refunding
series
or
tionally to the order
follows: $8,000 from
1957 incl. and $9,000
These
purchased
bonds offered
were
fire
and
the
1940,
bonds
trust company for 1 % of
the face
amount of bonds
tendered. Each
tender shall
specify the date of
$1,000.
Principal and interest payable at
of
of
upon
on
Dated July 2, 1947. Interest
pay¬
J-J.
Denomination
&
Alturas), Calif.
incineration bonds. Due
$15,000 from 1948 to 1967 incl.
interest,
both
Modoc County, Adin
Elementary
School District (P. O.
offered
to 1962
able
l.%s,
$400,000 maturing $40,000 in 1952
1961, as 2s, and $240,000 matur¬
ing $40,000 from 1962 to 1967
incl., as 23/4S.
not
bonds
from 1958 to 1962 incl.
to
300,000
able
Co.,
Barth
Shaw
will receive
tenders
until
2:15 p.m
(EST) on Sept. 3 for the
purchase
of 500,000
series GM
as
to
N.
Finance,
sealed
certified
1948
America
p. 510—at 100.105,
interest cost of 2.112% as
follows:
for
$160,000
maturing
$40,000 in 1948 to 1951, as
protection facilities
bonds. Due $20,000 from 1948
interest
com¬
net
$65,000
.
health
facilities bonds.
Due $20,000 from 1948 to
1987
incl.
Dated
J.
school
Bonds Not
$11,000 from 1959
July 2,
Aug. 4—v. 166,
800,000
1967
of
Wanted—G.
of
tender must be
School District bonds. Due
Francisco,
the $800,000
Director
125,000 Paso Robles Union High
Savings Asso¬
Staats
Angeles,
Miami, Fla.
Tenders
*
and
Co.,
Schwabacher & Co., Lawson
Levy
&
Williams, Stone and Young¬
berg, and Hannaford & Talbot,
to 1987 incl.
to
Bank
Interest F-A.
funding
for
princinai
solelv
received from
revenues
Due
on
July 2, as follows:
$8,000 from 1948 to 1950 incl.;
$9,000 from 1951 to 1953 incl.;
$10,000 from 1954 to 1958 incl.
City.
ciation,* Blyth & Co., Weeden &
Co., Heller, Bruce & Co., all of
San Francisco,
California Bank,
.
Hayward, Calif.
the
syndicate
the
stadium.
divided
$145,000 Paso Robles Union Ele¬
mentary School District bonds.
York.
Oct.
incl,
1,200,000 fire protection facilities
bonds. Due
$30,000 from 1948
400,000
purchase of
5% school bonds,
the
incl.
Sale—A
of
from
Aug. 25 for
$270,000 not to
on
Merced Union
National Trust and
John
2,400,000
New
Calif,
police
Due
Na¬
p.m.
follows:
as
High School District (P. O.
Merced), Calif.
1987 incl.
3,600,000
City
3
—
following not to exceed 4M>%
interest
(A-O), bonds, divided as
$5,600,000
the
until
mentary School District (P. O.
Los
con¬
Orrick, Dahlquist, Neff, Brown &
Herrington,
of San
Francisco, as to the validity
of, the bonds, will
be delivered
of
of
Merced County,
delivery and
premium, if
and any
bid for less than the
entire amount
of said
bonds, or for
separately
the premium
offered, if any. The
bonds will be sold to
the highest
and
most; responsible
bidder a
the
lowest net interest to
the
County
amount
single
bid
state that the
the
the
at the
or
bids
order, at the
plus accrued
interest 0n
interest payment
date. p'rin
cipal and interest
payable
any
Bond Offering—A. E.
Mallagh,
County Clerk, will receive sealed
$286,000, payable to the City.
any, and the rate of interest of¬
fered for the bonds bid
for. Each
bid shall be for the
entire
'■
each
1%. Principal
than par and accrued
interest,
lach bid must state
that the bider offers
par and accrued inter¬
est to the date of
interest to
and
or
ess
bonds
will
from 1952 to
Treasurer's Office. The bonds will
be sold for cash
only and at not
Denomination
Oct. 1
District
and interest
payable at the
on
Offering —W. T. Paasch,
County Clerk, will receive sealed
July 11.
on
School
multiples of J/4
City
at
of
Los Angeles or in New York
Enclose
a
certified
check
as
1956, and $3,000 in 1957.
sealed
Martinez), Calif.
Bond
1,
inclusive.
Dated Oct. 1, 1947.
Denomina¬
tion $1,000. Rate of
interest to be
in
Bank
as
authorized
were
inclusive; $2,000
Bond
Contra
1965
made
tional
Dis¬
Oct.
be
office,
Bond
on
delivery
numerical
amount
Calif.
Bidders shall clearly state in their
bid whether bid is for
delivery in
bonds. Due on Oct.
1, as fol¬
lows: $1,000 from 1948
to 1951
Blyth
&
divided
and
Treasurer's
school bonds.
are
election held
an
shall
on
Aug. 26 for
$142,000 not to
to
17,000- Liberty
Francisco, Harris Trust &
Savings Bank, of Chicago, Messrs.
H.
1949
These bonds
syndicate
San
Bruce
of
exceed
from 1966
follows: $6,000 in
1948; $7,000
composed of Bank of America Na¬
tional Trust &
Savings Associa¬
tion, American Trust Co., both of
R.
a.m.
trict bonds. Due
$1,800,000 sani¬
disposal system bonds
sewer
1
$125,000 East Whittier School
Creek), Calif.
offered Aug.
10
exceed 5% interest
Interest A-O bonds
follows:
June 3.
on
Oct.
on
purchase
Bond Sale—The
tary
inclusive, and $199,-
for
oonds
from
Offering—J. F. Moroney,
County Clerk, will receive sealed
the
an
1
the
ment
on
inclusive;
Oct.
on
1956
due
Bond
bonds. The bonds
were
to
13/4S,
Calif.
re¬
—
1948
Obispo County Sch. Dists.
(P. O. San Luis Obispo),
purchaser, at or prior to the
date of delivery of the bonds, the
opinions of Mr. Ray L. Chesebro,
City Attorney, and of O'Melveny
& Myers, of Los Angeles, approv¬
ing the legality of the bonds. Pay¬
Angeles County Sch. Dist.
(P. O. Los Angeles)
ceive sealed bids until
Sept. 2 for
an issuance of
$80,000 construction
at
due
M.
County Clerk, will
Huberty,
$120,000
2V4s, due
Los
County, Jackson Sch. Dist.
(P. O. Jackson), Calif.
Monday, August 25,
ig41
San Luis
;he
1972
Amador
Offering
from
issue. There shall be furnished to
inclusive. The bonds are
dated Oct. 1, 1947. Interest
A-O.
■
CALIFORNIA
Bond
1
Oct. 1 from 1957 to 1960
annually.
■
Oct.
on
inclusive;
construction bonds
CHRONICLE
PROPOSALS AND NEGOTIATIONS
$739,000 improvement bonds at a
price of 100.004, a basis of about
2.006%, as follows: $270,000 1V2S,
Col.
FINANCIAL
State and City Department
BOND
Henderson
&
Albion.
Bank
&
in
1950:
$65,000
in
1951;
1952; $70,000 in 1953;
in 1954;
$74,000 in 1955;
in 1956; $78,000 in
1957;
in 1958;
$84,000 in 1959;
$86,000 in 1960; $88,000 in
1961;
$92,000 in 1962; $94,000 in
1963;
$97,000 in 1964;
$100,000 in 1965;
$103,000 in 1966, ar.d $206,000 in
1967.
Subject to redemption5 in
$69,000
$72,000
$77,000
$81,000
in
ILLINOIS
Chicago, III.
Bond
Offering — Sealed bids
will be received
by R. B. Upham,
City Comptroller, until 11 a.m.
(DST)
on Sept. 9 for the purchase
$12,000,000
1V2%
revolving
fund coupon bonds.
Interest J-J«
of
THE
Number 2623
166
Volume
1957,
$1,000.
inclusive.
to
Sept. 1. 1947. Denomina¬
Due on Jan. 1, as
ollows: $2,000,000 from 1949 to
954, inclusive. Principal and inerest payable at the City Treas¬
urer's office, or at the office of
he Fiscal Agent of the City in
tew York City.
Registerable as
o principal.
No bid will be con:idered that does not offer to pur¬
chase the entire amount at not
ess than par and otherwise conorm to the specifications set out
n
the notice of sale. The bonds
ill constitute general obligations
f
the
City, payable from ad
alorem taxes levied upon all the
taxable property in the city limit
las to rate or amount. These bonds
hre issued for the purpose of cre¬
ating a Working Cash Fund for
the City, as authorized by Seclions 22-15 to 22-20, of the "Re¬
vised Cities and Villages Act," ap¬
proved Aug. 15, 1941, as amended
iby House Bill No. 825, enacted at
khe Regular Session of the 65th
'General Assembly of the State,
approved July 21, 1947; and in
accordance with ordinances which
were passed by the City Council
Aug. 18, 1947, approved b,y the
)ated
tor!
in
be
bonds.
be
the
der who
with
cost
all of the
on
proved at
of the taxable
Spencer,
Bond
fered
were
authorize
to
an
min Lewis
serially from 1948 to 1977. The
bonds maturing from 1968 to 1977
are
callable in inverse order in
1968
golf
municipal
$225,000
and
Hines
election
is expected
of
the
..J
166,
of
time
a
-
612
p.
100.539
offered Aug.
North
for
1.40s
was
made by
Savings Bank
lows:
from
O.
000
Haven), Ind.
New
issue
Sale—The
1, and $2,000 on Dec.
from 1957 to 1964
(J-D) at the City Treasurers
high bid of 101.535
made by Kenneth S.
for 2V4S was
Johnson
& Co.
of $425,-
building bonds was awarded
Hughes & Co.,
basis of about
offered
were
IOWA
p. 612—and
are
Cherokee, Iowa
IV4S, at 100.85,
1.633%. The bonds
166,
Aug. 1, 1947.
Aug.
on
dated
1,
inclusive; $2,000
1, and Dec. 1, in 1965 and
Principal and interest pay¬
to Raffensperger,
of Indiahqpoiis, as
a
1,
office. Second
Township, School Twnshp.
(P.
Bond
May
$1,000 June
June
on
Cities; Securities
Indianapolis, as 2s.
1947. Due as fol¬
1, and Dec. 1,
1948 to 1956 inclusive; $1,000
Dated
able
INDIANA
im¬
The
to
of
Corp.,
1966.
I
and
provement revenue bonds, offered
on
Aug. 4—v. 166, p. 512—was
June
Chicago.
Adams
Sale—An issue of $50,000
awarded
11—v.
Due from 1948 to 1962 incl.
Sale—The $100,000
Bond
street
improvement bonds offered Aug.
13—v. 166, p. 613—were awarded
to the Iowa-DesMoines National
•
»w
...
,
Adams Township (P. O. St.
Paul),
Indiana
Bond
will
Offering
be
received
—
bids
p.m. on
Aug. 26 for the purchase of $12,not
coupon
Dated
July
lows:
1,
Due
interest
Interest
bonds.
tion $1,000.
4%
exceed
to
1947.
on
at
a
price of
Moines,
100.41,
on
Nov.
Second
was
Jan. 1, as fol¬
1
high bid of 100.405 for IV4S
by Wheeloek & Cum¬
made
mins of Des Moines.
Sale
Non-callable. Principa
(J-J) payable at the
Bank &
Trust Co.; of
Paris.
Legality to be approved by
Chapman & Cutler of Chicago.
District No.
2
Works
(P. O.
Warrero), La.
Offering
Details
—
The
improvement bonds being
offered on Aug. 26—v. 166, p. 613
—will mature on Sept. 1, as fol
public
lows:
$9,000
$8,000
from
in
1950
incl
incl.
to 1961 incl.
to 1964 incl.
1965 to 1967
1949
1951
$10,000
from
1955
$11,000
from
from
1959
and
to
1954
to
1958
Bond
Sale—An
water works
Iowa
issue of $6,000
bonds
was
to the Manly State Bank.
awarded
100.97,
of
a
1.391%. The bonds
mature
Sept. 1 from 1948 to 1967 incl.
the
Bond Sale—The
$150,000 munic¬
improvement
ipal
Aug. 13
v.
—
awarded to
a
bonds
166, p. 512
group
were
—
composed of
Trust Co., Baker,
Co., and Stein Bros. &
&
National
Bank
of
19, 1947.
Canton, Mass.
The $87,000
offered
Mercantile
he
Watts
Merchants
Boston. The notes mature on Dec.
Cambridge, Md.
Sale
Note
—
notes
offered Aug.
15 were awarded to
The Norfolk
County Trust Co., of
Brookline,
IV4S,
as
Boyce,
basis
at
at
100.963, a
offering
consisted of:
all of Baltimore, as IV2S,
price of 100.189, a basis of
a
about 1.483%. The bonds are dated
Aug. 1, 1947 and mature on Aug.
from 1948 to 1969 incl. Second
Baltimore.
'
Crisfield,
Md.
Bond Offering—Sealed
be received by
bids will
Mayor N. R. Coul-
1, 1948 to 1962.
of interest to be in multiples
$2,000 Sept.
Rate
of
Vb
and
1/ 10th
or
tion
as
bonds
to
are
authority
Acts
of 1%. Principal
interest payable at the
of
of the
Subject
to
Chapter 259
of the
full
faith
and
Aug. 13, 1947.
credit of the
Mayor and Council will be ir¬
revocably pledged to the payment
of the maturing principal and in¬
terest of said bonds and, in com¬
pliance with the injunction con¬
tained
in
said Chapter
259,
provision has been made for the
levy
of
unlimited ad valorem
taxes on all assessable property in
said
municipality sufficient for
said
purposes.
1%.
The
inclusive, and $2,000 on Aug.
15, 1957.
12,000 water mains notes, pay¬
able $3,000 on Aug. 15, in each
of the years 1948 and
1949,
and $2,000 on Aug. 15, in each
of the years 1950 to 1952 incl.
17,000 veterans housing notes,
payable $3,000 on Aug. 15, in
each of the years 1948 to 1950
inclusive, and $2,000 on Aug.
15, in each of the years 1951.
and
1952
inclusive.
15,000 water mains notes, payable
$3,000 on Aug. 15, in each of
s;
the years 1948 to 1952 incl.
These notes will be certified as
to their
tor
of
genuineness by the Direc¬
Accounts, Department of
Corporations and Taxation, Com¬
of Massachusetts.
monwealth
General Assembly of
Maryland, passed at its January
Session in 1947 and also pursuant
to an ordinance of the Mayor and
about
of
$47,000 street construction notes,
payable $5,000 on Aug. 15, in
each of the years 1948 to 1956
Bank
registra¬
principal only. Said
issued pursuant to the
Crisfield.
The
Water
Parish
price
a
dated Sept. 1, 1947 and
on
Council adopted on
LOUISIANA
Jefferson
at
basis of about
are
1972 incl.
of
and interest
National
IV2S,
as
Mead,
Co.,
Due
$3,000 from 1970 to 1976
1947.
bonds offered Aug.
the First National Bank of Boston,
The
—
follows:
All of the bonds are dated July
1,
payable F-A.
The issue of $150,-
—
sewerage
West
Springfieltf, Mass.
The $350,000 vet¬
Bond Sale
erans
—
housing bonds offered Aug.
15—v.
166, p. 709—were awarded
to Laidlaw 8c
son
Corp.,
Co., and Lee Higginboth of New York,
1L4s, at a price of
basis of about 1.19%.
The bonds are dated Sept. 1, 1947
and mature serially
on
Sept. 1
from
1948 to
1957 incl. Second
jointly,
as
100.322,
a
bid of 100.319 for IV4S was
by Estabrook & Co., and
Whiting, Weeks & Stubbs, jointly.
high
made
MICHIGAN
The bonds will be
responsi¬
Dearborn, Mich.
ble bidder naming the lowest in¬
Bond Sale—The issue of $450,$12,000
1962
terest rate in any legally accept¬ 000
special
assessment coupon
and
$13,000 from
able proposal and offering to pay
bonds offered Aug, 18 v. 163, p.
incl. The bonds are dated Sept. 1
not less than par, and the lowest 709 —were awarded to The First
1947. Interest M-S.
rate
of interest will be deter¬ of Michigan Corp., of Detroit, and
mined on the basis of the lowest Braun, Bosworth & Co., jointly,
MAINE
interest cost to the municipality, at a net interest cost of 1.148%,
Presque Isle Water District,
by calculating the interest actu¬ as follows:
(P. O. Presaue Isle), Me.
ally, to be paid on all the bonds $310,000 District No. 426 bonds.
Dated July 15, 1947. Due on
Bond
Offering
Sealed
bids on the basis of the bid submitted,
will be received by The Trustees and
subtracting therefrom any
July 15 as follows:
c/o The Merchants National Bank
50,000 in 1948, and $65,000 in
premium offered. As between bid¬
1949 as Is, and $195,000 ma¬
Boston, until 11 a.m. (DST) on ders naming the same rate of
interest, the proposal of the bid¬
turing $65,000 July 15 from
Aug. 26 for the purchase of $315,
1950 to 1952 incl., as l)4s.
000 water coupon bonds.
Dated der offering to pay the largest
140,000 District No. 368 for $50,premium will be accepted. Where
Sept. 1, 1947. Denomination $1,
000 maturing July 15, $20,000
000. Due Sept. 1, 1967. Bidder to the bids of two or more bidders
in 1948; $30,000 in 1949 as Is,
are
the same in all respects, the
name the rate of interest in mul
and $90,000 maturing $30,000
tiples of V4 of 1%. Principal and bonds will be apportioned equally
from July
between such bidders. The bonds
15, 1950 to 1952
interest payable at the Merchants
National Bank, Boston.
incl., as IV4S.
Proceeds will be delivered to the purchaser,
without additional expense, within
The second highest bid was that
of the sale v/ill be used to re
deem $290,000 outstanding bonds a reasonable time after the sale of Halsey, Stuart and Co. Inc., for
maturing April 1, 1967, pursuan thereof, in Baltimore. The pur¬ $450,000 I V4S, at 100.262.
chaser may specify delivery else¬
to Chapter 71 of the Private anc
Houghton County (P. O.
Special Laws of Maine, 1947, and where, upon agreeing to bear the
Houghton), Mich.
'
expense thereof. The legality of
$25,000 of the bonds are author
Note Sale—An issue of $30,000
the
issue will be approved by
ized for extensions and improve
tax anticipation
notes was
ments to the District's water plant Niles, Barton. Morrow & Yost, of
awarded to The Merchants and
Baltimore, will be delivered, upon
pursuant to Section 11 of Chap
Miners Bank, cf Calumet.
ter 67 of the Private and Special I request, to the purchaser of the
awarded
to the highest
—
*
Manly,
Denomina¬
from
bonds
and mature
from 1948 to 1959 incl.
dated Nov. 1, 1947
are
J-J.
1949',.to 1954,
inclusive, and $2,000 from 1955 to
$1,000
IY4S,
as
basis of about 1.185%. The
Sealed
by Carlos Land,
Township Trustee, until 8
000
Bank & Trust Co., of Des
as
Aug. 1, from 1948
on
Interest
12—v. 166, p. 613 was awarded to
high bid of 100.838 for 1.60s was
made by Alex. Brown & Sons of
of $70,000
incl.
Bond
refunding
and accrued
par
$200,000 not to exceed 4% interest
Ind.
Vernon,
works
water
13
awarded to
was
the Harris Trust &
of
out
of ad
taxes to be levied and
on all taxable property
within the Township.
Bond
and
the
payable
Township,
valorem
of
obligation
direct
collected
the
conditional
No
pay
by
received. The bonds
will be
are.
at
payment
delivery.
bids
Halsey, Stuart & Co. Inc., of Chi¬
cago, as 1.40s, at a price of 100.583, a basis of about 1.32%. The
bonds are dated Sept. 1, 1948 and
mature on Sept. 1 from 1948rto
1962 inclusive.
Second high bid
of
fiill
make
and
(P. O. Urbana), III.
Bond Sale—The issue of $250,bonds
after
received
are'
a
date, or
interest
36,000 2s. Due July 1, as follows
$2,500 from 1964 to 1969 incl.
of
and the
successful bidder to accept same
District
—-v.
date
the
Champaign Sanitary
Urbana and
sewer
to
bids
the
road
$75,000
elec¬
from 1959 to 1963 incl.
accrued
delivery
will be considered. The bonds to
bridge bonds offered Aug. 18
—v. 168, p. 709—were awarded to
The
First
Galesburg
National
Bank & Trust Co., of Galesburg
paying a premium of $1,113.90,
equal to 101.518, a basis of about
000
Who offers
including
bonds,
interest
and
;
sale.
of
that
on
at
dated Aug.
Mackubin, Legg
Miller & Co., and
Berkley, Mass."
Robert
Garrett
&
Sons, all of
Note Sale—The issue of $15,000
Baltimore, jointly, as IV2S, at a tax
anticipation notes offered Aug.price of 100.4864. The bonds are 11 was awarded at
0.65%, dis¬
dated Sept.. 1, 1947 and mature
count, as follows: $7,500 each to
serially on Sept. 1, from 1948 to the
Middleborough Trust Co., and
&
and
Boyce,
000
bourn, until 7 p.m.
(EDT), on
$34,000 1 %s. Due as follows: $1,
Aug. 28 for the purchase of not
500 Dec. 1, 1947; $1,500 July to exceed 4%
$30,000 semi-an¬
1 from 1948 to 1950 incl.; $2,- nual highway improvement cou¬
000 July 1 from 1951 to 1958
pon
bonds. Interest M-S. Dated
incl., and $2,500 on July
Sept. 1, 1947. Denomination $1,000.
largest premium bid, if any.
No bid for less than the par value
Monmouth)y III.
Sale—The
2.519%.
has sub¬
with
The highest
and
be delivered within 30 days
Kelly (P. O.
system
an
are
MASSACHUSETTS
awarded to
were
Stein Bros. & Boyce,
and Almstedt Bros., both of Louis¬
the
tions bonds.
Bond
$500 July
Boston
Allegany County (P. O.
Cumberland), Md.
general obligation, unlimited tax
sewer
bonds was purchased re¬
accordance
in
bidder will be the one
to vote
soon
qualified
bid
a
notice
the
$130,000 construc¬
issue of
an
on
has
who
An
at
Sale—An issue
ville, jointly,
for
1960.
Baltimore,
of
Ayer, Mass.
Paris, Ky.
cently
bank
1, 1947. Due
to
water
repair
awarded to Alex.
Co.,
Bond Sale
offered Aug. 6
awarded to
subsequent
date, at
National
&
and
Aug. 18—v. 168,
on
were
—
102.639. The bonds
$250,000 in¬
firmary and nursing home bonds
offered Aug. 15—v. 166, p. 512—
water
carry
callable
Bond
until
1947.
1,
&
Merchants
709
Brown
filed
be
extension
sewer
bonds offered
p.
MARYLAND
interest.
1, 1948, and Jan. and July 1, 1949
to Jan. 1, 1963. The bonds will be
awarded
to the highest bidder
113
—
be
any
Poe,
P.
Sept.
Dated
J-J.
Denomination $500. Due
pool bonds.
are
512—were
Ind.
p.m.
mitted
School District No.
Town¬
Township School
(CST), 011 Aug. 23 for
the purchase of $15,000 not to ex¬
ceed 3% interest school bonds. In¬
2.30
will
to
bonds
p.
will
Sale—The
Md.
$35,009
funds.
Aug. 15.
Bros.
will
on
Trustee received sealed bids
course
(P. O. Peoria), III.
Bond Election Planned
date
interest
any
on
Harbison
bonds.
150,000 swimming
166,
ment
following bonds:
consider the
on
issue
said
at
equal to
dated Aug.
Almstedt Bros, jointly, as 2Y4S. Dated
July 1, 1947 and due serially on
July 1, from 1948 to 1967 incl.
Bonds maturing after July 1, 1952
thereafter.
Election—At
iy2s, paying
as
The
made
KENTUCKY
water revenue
purchased by Benja¬
& Co., of Chicago. Due
was
ship (P. O. Jasper),
Bonds Offered—Rollie
this Fall the voters
tion held
$lll0,- I building
of
Bond
and
$175.00,
$35,700
bonds failed
Stein
District, III.
an election
Freeport Park
Bond
Trust
and
Boyd County (P. O.
Cattlesboro), Ky
Bond Sale—The $64,000 school
Ind.
J
Rockville,
by
Boston, where they may
inspected.
Delivery will oe
be
Greeley, Kan.
the
payable to the
issue
genuineness
Bank of
Bonds Not Voted—It is reported
that
bonds
terest
to be held
with
KANSAS
is required.
Sale—An
their
the
to
Bond
000, 31/2% interest,
paving bonds.
of
cident
100.408.
v.
refused
issue of $25,000
$25,000 fire
of¬
1, 1947. Second highest bidder was
Wheeloek & Cummins for lVss at
property within the
Binknell,
Aug. 5 the voters
on
The
—
100.70. The bonds
all
on
to
as
bank, and their legal¬
by Storey, Thorndike, Palmer & Dodge, of Boston,
whose opinion will be furnished
he purchaser.
Legal papers in¬
the
Bond
III.
June 11.
on
equipment bonds
premium
bid, will be considered. The
Township
Defeated—At an election
Bonds
held
collected
fied check for $120
and the
ap¬
Iowa
National Bank
Township. No conditional
bids will be considered.
A certi¬
of
tified
Aug. 4—v. 166, p. 512—*
purchased by The Iowa-Des
Moines
approving opinion of Ross, McCord, Ice & Miller, of Indianap¬
olis,
will be furnished to the
successful bidder at the expense
City Comptroller.
Marion,
Sale
department
bonds
Township. No bid for less than
the par value of the bonds, in¬
cluding accrued interest to the
date of delivery at the rate named
notified
not later than Sept. 9, and deliv¬
ery of the bonds will be made in
Chicago, on or about Sept. 18.
The legal opinion of Chapman &
Cutler, of Chicago, will be fur¬
nished by the City. Enclose a cer¬
tified check for $240,000, payable
East
election
an
was
a
certified check for $2,000, payable
to the Clerk-Treasurer,
'
"
—
- r
'
approved
a
and
| bonds without charge. Enclose
above
Co., of Des Moines
be levied
bonds
53
under the supervision of and cer¬
ity
premium bid, if
The bonds are the direct ob¬
in the
will
August
The
obligation of
District, and will be prepared
the
Issue
out of unlimited ad valorem taxes
to
until
1941.
direct
a
purchase of $6,000 con¬
ligations of the Township, payable
published Aug. 20,
1947.
Award of the bonds to the
acceptable bidder will be made
to the
Secretary,
bids
Maine,
bonds.
the
and
by the City Comptroller,
successful bidder will be
District
sealed
S.
C.
struction
.
Mayor,
the
Mrs.
—
jaws
(805)
28 for the
of
their maturities and deducting
therefrom
any.
Offering
receive
the Township, to
by computing the
to
interest
of
constitute
Christz,
highest bidder will be
determined
to
CHRONICLE
who offers the lowest net
interest
total
notice
the
FINANCIAL
Township County School
(P. O. Nevada), Iowa
Bond
has submitted his bid in
The
one
be
for all the
same
&
District
highest responsible bid¬
accordance
sale.
Milford
interest
The bonds will be award¬
ed to the
the
of
multiple of V4 of 1%,
a
and must
Rate
COMMERCIAL
54
(806)
THE
Michigan (State of)
Bond Offering—Sealed
bids
be
24,000
will
ness.
received
by D. Hale Brake,
Finance Committee of
Chairman
1951
purchase of $30,000,000 not to
ex¬
2y2% soldiers' bonus
coupon
bonds. Interest M-S. Dated
March
15
as
follows;
1950, $2,000,000 in
1953, $1,900,000 in 1954 to
est
1956, $1,800,000 in 1957 and
1958,
$1,700,000 in 1959 to 1981,
$1,600,000 in 1962, and
$1,500,000 in 1963
and 1964. Bonds
may be
as to
principal
interest
rates
be
der
considered. Rate of interest
to be
in multiples of
Y\ of 1%. Such in¬
terest for the bonds
of
any
ma¬
the
State
determining
interest
on
after
offered,
bonds
on
considered
as
will
deductible
not
his bid the net
interest cost to the
State, computed in the manner
above specified. For
the prompt
payment of the bonds and
the in¬
terest thereon when
due, the ful
faith and credit of
the State are
pledged. Temporary bonds
ex¬
changeable for definitive
bonds, or
definitive bonds, at the
State, will
expense
of
to
option
o
be delivered
at the
the
State
at
the
Bankers Trust
Co., New York. The
State
Bonds Defeated
At
—
a
recent
$64,000
sued).
Enclose
certified
1
Offering—D. Hale Brake
Chairman
of
Finance
Committee
receive
a.m.
State
A'AyA'-.
Bond
will
check
to the
sealed bids
Sept. 10 for the
on
until
11
purchase
soldiers'
bonus
$30,000,000
bonds. Due on
March 15,,
lows: $2,500,000 in
as
1949 and
1951 to 1953
$2,000,000 from
incl
$1,900,000 from 1954 to 1956
incl
$1,800,000 in 1957 and
1958; $1,
700,000 from 1959 to
.1961
incl.;
$1,600,000 in 1962, and
$1,500,000
in 1963
and 1964.
"
X
Bond
MINNESOTA
Spring, Minn.
Bonds Defeated—At
an election
on
Aug.
4
proposed
sewer
the
voters
issue
of
rejected
$36,000
a
storm
system bonds.
be
received by
Stewart, City Clerk,
City Comptroller, until
Sept. 3 for the purchase
10 a.m.
of
not
$55,000
on
Aug.
$120,000
26
not
for
to
the
purchase
exceed
est
3%
of
inter¬
certificates 4 of
indebtedness.
Interest (M-S)
divided as follows:
$65,000 certificates
of indebted¬
ness.
Due
on
Sept. 2, as fol¬
lows: $5,000 in
1948 and
1949;
$4,000
from
17,000
;
<
in
1951
Due
lows:
V
to
on
$1,800
from
and
$3,000
1967, inclusive.
certificates
ness.
$800
1950,
of
indebted-
Sept. 2,
in
1949
as
1948
to
elusive.
1967,
fol¬
and
in-
by
Charles
Finance, or at the Fiscal
Agency of the City, in New York
City. Said bonds
may
be
ex¬
changed for registered
bonds, both
as
to
principal and interest at a
ance
with
the
not
notice
sale
interest at
Bonds
but
be
on
the bonds.
furnished
delivery
by
shall
purchaser's expense. The
ing opinion of
the
be
at
approv¬
Wood,
King &
Dawson, of New York
City, and
James
T.
of Saint
Paul,
furnished with these
bonds
at time of
sale and all
bids must
unconditional. Enclose
City.
of
a
certi¬
payable to
Sibley County Indep. Sch.
Bond
Henderson),
Sale—The
the
Dist.
Minn.
Sibley County
Offering—M.
P.
Village Clerk, will
Gorres,
receive sealed
and oral bids until
7 p.m. on
Sept.
5 for the
purchase of
$45,000 not
to exceed 4%
interest,
pon
bonds.
Dated Oct.
1,
$1,500. Due
1949
to
as
1976
sewer cou¬
Interest
annually.
1947. Denomination
follows: $1,500 from
incl.,
and
an
Sale
It
—
is
$3,000 in
subject to
Bond
re¬
cation,
Offering
N.
of
was
National
Boston,
Dec.
1,
at
0.597%
1947.
$100,000
awarded
Bank of
discount. Due
New
&
York, First
Portland, L.
com¬
of
Chicago,
Hutzler, of
National
Salo¬
New
Bank, of
Rothschild & Co.,
York,
National
State
Bank, Julius A.
Rippel, Inc., both
of
Newark, Kean, Taylor &
Co.
Campbell, Phelps &
Co., both of
of
F.
New
New
York, Illinois Co.,
of
Chi¬
Boatman's National
Bank of
Louis, E. Lowber
Stokes &
Co., of
Philadelphia, First Na¬
tional Bank of
the
First
Paul,
Minneapolis,
National
was
Bank,
of
and
St.
the
$10,000
emergency housing, B
series, Act
1946
bonds, offered Aug. 18v.
166, p. 710—as
1.10s, at a price
of
basis of about
1.075%.
The bonds are
dated
July 1, 1947,
Due
a
All
bonds
are
$1,250,000
1950 to
on
municipal building,
or
cou¬
1%, and
and
all of the
interest payable at
valid
be,
and
legally binding general
of
the
village, and
obligations
all taxable
real
property within
which will be
subject to the levy
of ad
valorem taxes to
pay said
bonds and the
interest thereon
without
limitation
amount.
Said
pursuant
to
Local
binding
District,
for the
purpose of
boiler and the
general
all
the
limitation
of the
taxable
will
rate
plant
of
purposes.
The
of
furnished
to
out cost.
for
a
statu¬
•
(P.
O.
Foxhurst
Oceanside),
Bond
land,
Y.
Offering—Sealed
be received
3 p.m.
N.
J
to
bids wil
unti
necessary down pay¬
the
2% of the
bonds bid for,
payable
village.
166, p. 614—were awarded to The
Genesee River National
Bank, of
are
Morris,
dated
l%s. The bonds
as
July 1, 1947.
on
July
inclusive.
by Andrew S. South¬
District
Treasurer,
usefulness
Mount Morris, N. Y.
Bond Sale—The
$14,250 sewer
system bonds offered
Aug. 11—v.
50
•
probable
will
Mount
Road,
heating
Municipal Building
a
as
amount of
to the District
Fire Dist.
a new
Francis J.
Moore, of. Herki¬
be
furnished to the
without cost. Enclose
certified check for
a
power
certified check
Hempstead, Oceanside
the
purchaser
Trimble
&
New
York, will be
the purchaser
with¬
Enclose
of
of
mer,
Marshall,
$1,400, payable
amended,,
five years.
Provision has been
ment
to
money for the said ob¬
ject or purpose is
the Education
Law. The
approving opinion of
Caldwell,
Mitchell,
as
installing
required by the Local
Finance Law. The
approving opin¬
ion
anc
tory authority for the
the
has
made for the
Local Finance
Law, for the pur
pose of
acquisition and
improve¬
ment
of
land for athletic
spend the
repair
in
which
or
amount
to pay the
principal of said bonds
and the
interest
thereon, and are
issued and sold
pursuant to the
playground
Finance Law,
general
valorem taxes with¬
of
or
issued
reconstruction and
property
subject to
be
rate
are
the
Village Law, the
Municipal Law, and the
General
legally
obligations
to
as
bonds
from Sherwood
& Co., 115
Broadway, New York
City. The
bonds will be,
and
must
bonds.
the
Middleville National
Bank,
Middleville. Said bonds will
forms
valid
until
p.m.
be the
same for
must
(DST) on Aug. 29 for the
July 1, from
purchase of
prior payment and
1957, inclusive. The
$35,000 not to exceed
sec¬
redemption on ond
highest bid was that
5% fire
any interest
of Leh¬
paying date upon 30 man
apparatus, coupon or reg
Bros., Halsey, Stuart
days prior notice to
istered bonds.
&
the
bank Stone &
Co.,
Interest payable
where said bonds
Webster Securities
are
payable. Blair &
Corp., M-S. Dated Sej)t. 1, 1947.
Bonds to bear
Co., Inc., Merrill
Denomi
interest at a rate
Lynch, nation $1,000.
Pierce Fenner &
Due
designated by the successful
Beane, Mercan¬
Sept. 1, as
bid¬
der. Principal
tile-Commerce Bank & Trust
follows: $3,000 in
and interest
1948 to
Co.,
pay¬ St.
1952, and
able at the
Louis, Dominick &
Wanda State Bank.
Dominick, $4,000 in 1953 to 1957. Rate of in
Stroud & Co.,
The purchaser
Moncure Biddle & terest to
will furnish
his Co., R. H.
be in a
Moulton &
multiple of *4 or
Co., Wis- l/10th of
1%, and must be the
1977.
bids
2
Principal
Trust
on
to the District.
registered bonds. Interest
Denominations $500 and $50.
Due $550
Aug. 1, 1948 to 1952.
Rate of interest
to be in
multiples
of Y\ or
l/10th of
or
awarded
of
100.149,
desired
&
New
$700, payable
pon
bonds.
interest payable at
Co.,
White
and
Vandewater, Sykes
F-A.
Plains, or at the Bank
of
The
Manhattan Co., New
York. Bids
out
Bankers Trust
Co.,
York, Harris Trust
&
Bros.
B.
all nf the
County
of
(DST) on Aug. 27 for the
pur¬
chase of $2,750
not to exceed
5%
interest
multiple
and
obliga-
approving
of
sealed
Dist.
1957.
a
of his
Bond
Sept. 1, 1947.
Denomination $1,000.
Due $7,000
Sept. 1, 1948 to
within which
the levy of ad
New
Jersey (State of)
Bond Sale
A
syndicate
posed of the
Savings Bank,
Sch.
bidder may, at
his
Middleville, N. Y.
Offering—Charles H. Gilette, Village
Treasurer, will re¬
ceive
to
which may
be obtained
from the above
Presi¬
NEW JERSEY
of
1948
law,'
successful
ions under the
contract to pur¬
chase the bonds
and in such
case
the deposit
accompanying his bid
will be
returned. Said bonds
will
be delivered
at New
York, N. Y.,
or
at such
other place as
may
be
agreed
with
the
purchaser
about Sept.
11.
The
or
Board of Edu¬
receive sealed bids
Rate of interest
to be in
of Yi or
l/10th of
1%,
be the same
for
I
type and char¬
by the terms
income tax
York, will be
furnished to the
purchaser with¬
out cost.
Enclose a certified check
and play¬
ground bonds.
Interest M-S. Dated
dent
H.
Sale—The issue
notes offered
Aug. 14
the Second
to
the
deckler,
14—
Spencer
—
of
The
election, be relieved
opinion
until 3 p.m.
(DST) on Aug. 25 for
the purchase of
$70,000 not to ex¬
ceed 4% land
acquisition
are
HAMPSHIRE
Concord,
Union Free
will
Principal
cago,
St.
Wanda, Minn.
Bond
Minder),
the
NEW
Aug.
from
Hopping, President
the
mon
No. 1 (P.O.
O.
$15,000 airport
purchase bonds
have been
subject to the
outcome of a
pending election.
;V
Note
20
years.
Federal
bus
(P.O. Hastings-OnHudson), N: Y.
i
on
—
the amount
serially on Nov.
1956 inclusive.
land
Denery,
will be
be
that
offered
the
usefulness
acter shall be
taxable
of any
N. Y.
$10,800
166, p. 614—were
awarded to
The Peekskill
National Bank, of
Peekskill as 1V2S. The
bonds are
dated Aug.
11, 1947 and mature
sold
or
the principal and
maturity
will
election
Wymore, Neb.
irrevocably
pay
an
—
Pre-EIection
The
10
income
received by private
holders from
bonds of the same
3s.
v.
Greenburgh
At an
election
issue of $75,000
authorized by the
voters.
ported
—
is
which said
bonds
to be issued
is the
Town Law.
The District
was
created on
May
18, 1917, under the
County Law.
Tn the
event
that prior
to the
delivery of the bonds the
O.
dormitory
Peekskill),
Sale
bonds
garage
Nebraska
Aug. 12
for less than
par and accrued in¬
terest. Under and
by the terms of
the
resolution, the faith and credit
of
the
City
are
pledged to
at
Bonds Voted
held on
$125,000
as
District
probable
authority to accomplish statutory*
the object'
or
purpose for
A
No. 4
Kearney County (P.
in accord¬
of
the
R. F. D.
Bond
Neb.
Aug. 4.
was
for
purchasing fire
said
are
&
Co., of Min¬
the successful bid¬
were
for
of
which
1948
Cortlandt Union Free Sch.
Dist.
No. 5 (P. O.
Hillside Ave.
&
of St. Louis.
approved
from
NEW YORK
Bonds Voted—An
issue of
$700,000 light and
water revenue
bonds
was
Principal and interest pay¬
able at the office of
the Commis¬
sioner of
Stanley
p.m.
dated July
1,
payable
semi-an¬
The legality of
the bonds
approved
'
_
all the
of
are
Fairbury,
1950.
Prescott
Interest
NEBRASKA
Sept. 1,1947. Denomination
$1,000.
Due Sept.
1, as follows; $18,000
1948 and
1949, and $19,000 in
in
Interest M-S.
8
J.
ders
Bonds
on
—
revenue bonds
tion
to exceed
5% public welfare
coupon bonds. Interest M-S.
Dated
Bank, of Henderson, was awarded
$10,C00 school bonds as 2s.
until
The bonds
Sale
neapolis,
$20,000 school
L
State"
apparatus
period
Sullivan & Co., all of
Denver, and
E.
Hale, Mo.
Not Voted—At
an
elec¬
held
recently the voters re¬
fused to
authorize an issue
of
$50,000 water works
bonds.
bids will
g—Sealed
bids will
Sale—The
J.
Christensen, Bosworth,
v/ere
Bank,Vo(W
^U"*
Knr» clo
including
syndicate com¬
posed of Boettcher &
Co., Peters,
Writer &
recently purchased
by The Walton-Jones
Co., of Jack¬
Trauernicht,
Joseph J. Mitchell,
the
Fairmount. Minn,
Certificate O f f e r i n
Bond
A A';
Minn.
Offering—Sealed
be received
by
fied check for
2%
of bonds
bid for,
Cold
be
at
among others, the
Law and the
Town
Local
Finance Law
for the
purpose
NEW MEXICO
Trauer-
MISSOURI
Saint Paul,
City,
fol
1950
bonds
Pleasant, N.
University of New Mexico (P.
Albuquerque), N. Mex.
bonds.
are
a
$600,000, payable
Treasurer.
Bond
nually.
water
&
price
bonds are due
serially
to 1987. Interest
F-A.
Webster County
Europa Special
Consolidated School
District
(P. O.
Walthall), Miss.
was
au¬
Legality to
nicht of St. Louis.
1947.
will
furnish, upon the de¬
livery of the bonds or
temporary cost of $1.00 per registered
bonds, the unqualified
bond,
opinion of plus postage. Rate
of interest to
Wood, King &
Dawson, of New be in multiples of
York City,
% or 1/ 10th of
approving the legality 1%, and must
be the same for all
)f the bonds
and the
temporary the bonds. No bids will be con¬
>onds (if
temporary bonds are is¬ sidered which
for
Charles
by
cirlo
side. HPVl C\
The
District,
D,
July 28—v. 166, p. 417—were not
sold.
Dated
Aug. 1, 1947. The
ac¬
pT
,
&
Sold —The
$79,000
water bonds offered on
cer¬
must
!
Not
authorized
$2,600
bid.
son.
election the voters
refused to
thorize an issue of
for
company the
1966
Minn.
check
v
Trust
100.027.
series
obligations
July 29. A
approved
of
equal
to
100.633.
The
dated Sept. 1, 1947. Due
as follows:
$1,000 from
Hackensack,
in¬
nance Committee of
the State Ad¬
ministrative Board shall
state in
premium
incl., and $2,000 in
Interest M-S. The
second
highest bid was that of J. M.
Dain
& Co., for
2s, at 100.12.
terest on bonds will
be computed
from Sept.
15, 1947, to the respec¬
tive
maturity dates. Each bidder
for the
convenience of the Fi¬
the
are
a
Sept. 1,
1948
be
and
tified
1967.
the net interest
cost,
premium
on
&
Point
incl.; $5,500 from
incl.; $6,000 from 1963
of the district
and were
at an election
the
_
Bonds
1952
.
of
bonds will be
Co., R. D. White & Co,,
valid ana
legally
Collings & Co., City Na¬ of the binding general obligation!
&
C.
of
bonds.
bids.
all
Co., Kansas property
taxable real
within which
Co., Ran- subject to the
will
son-Davidson Co., Dolphin &
levy of ad
Co., taxes to
valorem
pay said
Watling, Lerchen & Co., Newbonds and in
terest
thereon, without
burger, Loeb & Co., John Small &
as to rate
limitation
or
amount. Said
Co., F. S. Yantis & Co., Rogers
are issued
bonds
Gorden & Co., Hess
pursuant to
the Con
Blizzard & stitution
and statutes
Co., jointly, for 1.10s, at a
of the
,
1953 to 1962
to 1972 incl. Rate
of interest to be
expressed in a
multiple of Y\ of
1%. Interest M-S. The
bonds are
full faith and
credit
for
same
rMnnl
bonds
anrl
intoi'Of.t
cipal and interest
*
payable
Oceanside National*
York,
otd
tional Bank
Dated Sept. 1, 1947.
De¬
nominations $1,000 and
$500. Due
Sept. 1, as follows:
$3,000 from
to
Ira
City, J. B. Hanauer
Municipal Separate
District, Miss.
v
bids until 7 p.m. on
Sept. 2 for
the purchase of
$130,000 not to ex¬
ceed 4%
interest coupon school
1948
New
Co., D. A. Pincus
T-T dnnf
Haupt. Sir Pa
& Co., Ql
Stern
Tno
Co.,
Bros.
Offering—W. G. Stewart,
City -Clerk, will receive sealed
Roy, Minn.
paying
$133.00,
In
any.
other
Point
School
Chicago,
2s,
deducting
if
Moss
Bond
Sale—The $21,000
paving
Aug. 18—v. 166, p
710—were awarded to
Paine, WebDer, Jackson &
Curtis, of
as
trative Board, Bankers
Trust Co.,
New York, and
Northern Trust
Co., Chicago. The bonds will be
awarded to the bidder
whose bid
produces the lowest net
interest
to
invite
Pa
&
MISSISSIPPI
Bond
Sljate
premium
to
or
Tr
C.
fol¬
as
J
*
Co., Milwaukee, American
Securities
Corp.,
Charles Clark &
uncondi-
,_i.i j* 2
required.
Donds offered
Treasurer, at a bank or trust com¬
pany located in the
City of Detroit
to
be
selected
by .the Finance
Committee of the State
Adminis¬
cost
Sept. 2,
Monday, August
25, ig47
consin
v>
of the
Le
turity shall be at one rate
only.
Both principal and
interest will be
payable at the office of the
the
on
CHRONICLE
^1tional. A certified check
T
Ann
for $1,000
payable to the village, is
principal, plus the
interest to date of
payment. The
Council reserves the
right to re¬
ject an.y and all offers and award
said certificates to a
higher bid
more
will
Due
a
paying date by giving 60 days'
in
writing to the holder
amount
only, or as to both
and interest. No
proposal
for less than
par, for less than all
of the
bonds, or
three
to
thereof of its intention to
pay said
certificates and shall
pay the full
principal
than
fol¬
as
1948
notice
registered
containing
from
FINANCIAL
bonds and shall
pay for the
approving legal opinion on the
bonds. AH bids must be
Dated Sept.
2, 1947. The City
will reserve the
right to pay these
certificates in full on
any inter¬
$2,500,000
and
1951 to
Sept. 2,
$2,000
&
own
lows: $700 from 1948
to 1967,
inclusive.
15, 1947. Denomination $1,000. Due
1949
indebted¬
and
ness.
ceed
March
on
of
$1,000 from 1952 to
1967, inclusive.
14,000 certificates of indebted¬
Administration Board until
a.m. (EST) on
Sept. 10 for the-
in
Due
lows:
State
11
certificates
COMMERCIAL
1, from
Due
1948
$712.1967
to
■
A
;
>
West Haver
straw, N. Y.
!
or
Bond
Sale—The
registered
Aug. 14
—
awarded
Albany,
06,
a
bonds
as
mature
on
166,
the
of
coupon
bonds offered
p.
615
State
1.10s, at
basis
are
v.
to
$8,500
sewer
—
wei^e
Bank
of
price of 100.-
a
about
1.08%.
The
dated Aug. 15, 1947 and
Aug.
1952 incl. Second
15
from
02 for 1.20s
was made
Co. of New York
1948
to
high bid of 100.by Tilney &
City.
I
Number 2623
[Volume 166
2 p.m. on
XV:lliamcviUe, NY.
Bond Sale—The $28,000 munic-
!
building 1947 bonds were
fawarded to The Manufacturers
fipal
Lnd
Traders Trust Co., of Buffalo
Interest F-A. The next
1.30s.
as
high bid was that of Marine Trust
for 1.40s.
fCo., Buffalo,
THE
N.
$1,000 in 1948 and
1949, $2,000 in 1950 to 1958, and
$3,000 in 1959 to 1963. Rate of
for
rate
all
bids.
Sold—No bids were
Bonds Not
jceed
6% public coupon improveI ment bonds, offered on Aug. 18—
168, o. 711. The bonds are dated
v.
1, 1947: Due from 1950 to
1964 inclusive.
March
com¬
posed of R. S. Dickson & Co., of
Charlotte, Vance Securities Corp.,
and J. Lee Peeler
of Greensboro,
of Durham, purchased the
& Co.,
offered
bonds
improvement
general
$550,000
Aug.
166,
18—v.
p. 711—at a par of 100.003, a net
interest cost of 2.043%. The bonds
dated Sept. 1, 1947 and consist
are
of:
$30,000 maturing $10,000 March 1,
from 1950 to
1952,
!
as 6s, M-S.;
maturing March
1, $10,000 in 1953 and 1954;
$20,000 in 1955 and 1956; $10,000 in 1957; $25,000 in 1958;
$10,000 in 1959; $15,000 in
1960, and $25,000 from 1961
|
to 1976 incl., as 2s.
(;
and $520,000
V.
V
highest bid was that of
Bankers Trust Co., N,. Y.,, and
branch Banking & Trust Co., for
2s.
as
/
Randolph County (P. O.
Asheboro), N. C.
Bond
Offering—W.
E.
v
Easter-
ling, Secretary Local Government
will
Commission,
receive
sealed
bids at his office in Raleigh, until
11 a.m. (EST) on Aug. 26 for the
purchase of $159,000 not to exceed
6%
bonds.
coupon
able M-S.
Interest
pay¬
Offering consists of:
$75,000 school building bonds. Due
oh March 1, as follows: $3,000
from 1950 to 1959
in
1960
inch; $5,000
1961, and $7,000
and
split
at
for all or none of the entire issue.
No bids for less than par will be
considered. All bids must be un¬
conditional, except
upon
to legality,
as
may be
made conditional
the approving legal opinion
of
Dorsey, Colman, Barker, Scott
& Barber, of Minneapolis, whose
opinion must be accepted by the
purchaser.
bids
Both
will
bids, if
oral
and
sealed
be
received, but oral
will be received first
any,
the
and
final
oral
offer
of
each
interest in
multiple of y4 of 1%.
The bonds are payable from taxes
to
be
levied
limitation.
par and
follows:
March
$9,000
in
1,
on
1,
lows: $5,000 from 1962 to 1968
inch
V V
.
Dated
will
the
be
oral
no
sealed
bids
bidding
have
been
approving opinion of Peck, Shaf¬
Williams, of Cincinnati, will
be
furnished
bidder
Sept. 1, 1947. Denomina¬
without
check
for
A separate bid for each
(not less than par and ac¬
interest)
is required. Bid¬
requested to name the
rates in multiples
y4
of 1%. Each bid may name
rate for part of the bonds of
each
issue
(having the
maturities)' and another
.rateS
for the
may name
for each
balance, but
more
than
four
or
bid
no
rates
issue, and each bidder
specify
in
his
bid - the
must
amount
*
of
bonds
iFach rate must be
of
earliest
rate
consecutive
of
ecah
Education of
Mt.
Gilcad
Exempted Village
School District, Ohio
Bond
Offering — Harvey D.
Miracle, Clerk, Board of Educa¬
tion, will receive sealed bids un¬
til 12
noon on
chase
der
maturities.
The
County,
mined
interest cost to
such
by
cost
be
to
deducting
amount of the premium
the aggregate
upon
all
of
respective
be
amount
the bonds
the
deter¬
the
total
bid from
of
interest
until
their
Bids
maturities.
the
est
A-O.
Denomination
$1,000.
$15,000 Oct. 1, 1949 to 1968.
Bidders may bid for a different
of 1%.
will
a form
to be furnished
the above
Secretary. The
!
opinion
of
Reed,
Hoyt
&
Washburn,
be
of New York City, will
furnished the purchaser. En¬
close
a
certified check for $3,180,
Payable to the State
Treasurer,
principal
interest
and
valorem
taxes
without
tor s
by the Dis¬
Clerk, at the County Audi¬
office at
Minnewaukan, until
to
the
highest
supervision
Dempsey, of
Cleveland, whose approving opin¬
ion
well
the printed bonds
will be furnished to the successful
as
bidder.
ad
may
be
limitation
or; amount
taxable
from
which
as
all
upon
of
as
Enclose
certified
a
check
property within the ter¬
livery
will
be
made
within
30
days after the sale, or thereofter
at the option of the purchaser. A
certified
to
check
for
District
the
$700, payable
is
Treasurer,
re¬
quired.
$3,000, payable to the Clerk-
sealed
(EST)
OHIO
re¬
p.m.
Aug. 25 for the purchase
on
of $3,451.18 6% road
improvement
bonds. Dated Aug. 1,
1947. De¬
nomination $350 one for $301.18.
Due $301.08 on Aug. 1, 1949 and
$350 Feb. and Aug.
1, 1950 to
Interest
amount
F-A.
Bidders
may
different rate of interest.
a
A certified
County (P» O.
Lisbon), Ohio
8
check
of
for
1%
of
the
bonds, payable to the
sidered
National
Bank,
2V2S, at
of
a
about
the
of
$35,000 not to exceed 3%
house
court
improvement
cancelled.
The
bonds
bonds
readvertised
in
are
amount
an
of
University Heights, Ohio
Bond Sale—An issue of $50,000
service
building
bonds offered
Aug. 11—v. 166, p. 615—was pur¬
chased by Stranahan,
Harris &
Co., Inc., of Toledo as l%s, at a
price
100.664.
of
Bonds
Council
The
bonds
are
vehicle
passed
an
The
—
City
ordinance
an
&
Kraus,
issue of $10,000 1%
bonds.
Dated
July 1, 1947.
Eaton,
bonds.
Due
on
Aug.
series
bonds.
A
Due
water
on
Sale—An
issue
of
$8,000
by
J. A. White & Co., of Cincinnati.
Dated Sept. 1, 1947. Due serially
fire truck bonds was purchased
incl.
1957
to
Interest
building bonds
to
The
100.07
First
basis
a
at
Bond
Offering-^G. A. Burgoon,
City Auditor, will receive sealed
bids until 12 noon on Sept. 3 for
the purchase
of $13,705 sewer im¬
provement,
special
bonds.
Dated
Nov.
assessment
as
Aug.
1,
Due
1947.
follows: $1,205 in 1949;
$1,000 in 1950 and 1951; and $1,500
1,
from 1952 to 1958 inclusive.
bid
States
for
that
vras
National
Bank,
Lyons, Ohio
Offering—Clyde
of
purchase
C. Bledsoe,
water
assessment
works
bonds.
Interest M-N. Dated Sept. 1,
one
3%
$1,000,
1947.
$500
lows:
$763.24
1950,
$1,500
in
in
1949,
awarded
Bank
1951
to
&
and
The
J.
E.
Piersol
Bond
Co., of
City, was second high
bidder, offering to take the bonds
a
net interest cost of 2.10%.
OREGON
ipal
fered
were
airport
on
expansion
bond
Aug. 11—v. 166,
of
is
p.
of¬
and
of
the
99.30.
First
until 8 p.m. (DST) on Aug. 25 for
the purchase of $334,000 refund¬
payable to the order
City Treasurer for 2% of
The
ing
par value of the amount of
bonds for which the bid is made,
City shall
legal opinion.
1,
$1,000. Due
$34,000 from
incl., and $33,000
1947.
Denomination
Sept.
1,
1948
to
1951
Charleston
and
to
principal
the
interest
only.
The
Bond
levied
under
of
Commonwealth,
the
taxes
all
district
about
the
Due
$1,000 in 1953, $1,500 in 1954 and
from
1955, $1,000 in 1956, $1,500 in 1957
payable J-J.
1949
to
as
of
on
July
1,
to
TENNESSEE
Bond
City
bids
serially
1957
on
incl.
a
Jan. 2,
Interest
until
11
life
of such
thereof,
bonds
the
any, over
and
of the is¬
These obligations will be pay¬
able from ad valorem taxes with¬
by
law
upon
limitations imposed
school districts of
TEXAS
Clay County (P. O. Henrietta),
Texas
Pre-Election Sale—It is reported
that Moss,
have
check
amount
the
for
2%
of
the bonds,
of
District
a
tion held
the
hospital
on
Aug. 23.
Bonds
Voted
At
—
Odessa),
an
election
held
on
July 26 the voters author¬
ized
an
issue of $300,000 hospital
bonds.
Hearne Indep.
Sch. Dist. (P. O.
Heame), Texas
face
Treasurer.
$75,000
Ector County (P. O.
Texas
cer¬
payable to
Moore & Co., of Dallas
purchased
bonds subject to result of an elec¬
this class. These bonds are issued
subject to the favorable opinion
of Townsend, Elliott & Munson,
of Philadelphia, and will be de¬
livered to the purchaser only if
and after the proceedings author¬
izing the issuance thereof have
been approved by the Department
on
Aug. 1, from 1948 to 1957 incl.
of
sue.
in the taxing
a.m.
during
amount
R. Y. Moses,
receive sealed
on
Sept. 2 for
—
will
provement coupon bonds. Due
amount
Bond
were
Offering
—
Sealed
bids
received until Aug. 8, by the
Superintendent of Schools, for the
615—
price
Offering
Clerk,
the purchase of $30,000 street im¬
by deducting from the
paid
account
Dated
Brownsville, Tenn.
total amount of interest to be
RHODE ISLAND
purchase of $82,000 not exceeding
Providence, R. I.
Bond
(Albany
iy4s, at
1.983%.
cost to the District, which shall be
determined
bonds
Due
assumes
whole
the
serially from 1948
1965, inclusive. Interest J-J.
1947.
one
take
to
166,
v.
—
that
purchased at a premium of
$114,000 equal to 100.152, a basis
of
bidder, provided such bid is not
offers
learn
were
future law
or
315—we
p.
thereon
assessed
present
any
the
or
connec¬
2s, by Frost, Read &
as
Simons, of Charleston
inheritance
after
Public
Details—In
Sale
purchased
be
taxes, except succession or
taxes, now or here¬
or
St. Phillip's
Michael's
tion with the $75,000 sewer bonds
bonds
will
thereon
County,
St.
(P. O.
Charleston), S. C.
payable without deduction for any
tax
own
Service District
the rate of interest in multi¬
ples of y8 of 1%, but no bid com¬
bining two different rates of in¬
and
its
SOUTH CAROLINA
follows:
as
from 1952 to 1957 incl. Bidders to
name
furnish
bonds. Dated Sept.
coupon
National
Portland
the
check
the
Eckersley, Secretary Board of Di¬
rectors, will receive sealed bids
awarded to the First Bank of
branch), jointly,
of
munic¬
ad
that
the
tified
Albany, Ore.
unlimited
except
intangible personal prop¬
limited by statute to 40
on
fied
District, Pa.
Offering — Jacob
of Internal Affairs. Enclose
Bond Sale—The $16,500
of
,
cents per $100 valuation.
Proposals
should be accompanied by certi¬
•
Oklahoma
Bank
1952,
National
First
Trust
Albany,
in
the
Co., of Oklahoma
City, as 2s, at a price of par. Due
on Sept. 1 from 1950 to
1956 incl
fol¬
$1,000
tax
School
premium offered, if
School
District, Okla.
Bond Sale—The $14,000 repair
bonds
offered
Aug.
12
were
and
for $763.24. Due Nov. 1, as
taxes,
erty
the
$2,000 serially from 1950 to
Dunbar,
$26,263.24
out
valorem
$232,000, l3/4s, and $118,000 2s
Due
Village Clerk, will receive sealed
bids until 12 noon on Aug. 29 for
the
payable
Portland
at 100.042.
Bond
agency
York
accrued interest from June 1,
1947,
to date of delivery. These bonds
United
of
of the issue at the lowest interest
at
Bond
of
of
about 1.738%.
Interest payable M-S. The second
highest
fiscal
of the City in
City. The City trans¬
by mail interest on all regis¬
tered bonds, if desired. Bonds will
be ready for delivery as soon as
possible, and will be subject to
of
price
a
of
mits
who, having com¬
piled with the conditions of sale,
Clerk,
Skiatook
Lima, Ohio
the
$350,-
Bank
cou¬
America which, at the
payment, is legal tender
public and private debts, at
for
awarded
was
National
l3/4s
as
of
bonds.
coupon
of
New
above the face amount
V
States
Portland.
issue
por¬
coupon
bonds will be payable in any
coin or currency of the United
ville), Ore.
Sale—An
any
and
pon
time
Bond
or
loan,
changed back into
Yamhill County, McMinnville Sch.
Dist. No. 40 (P. O. McMinn\
said
The principal and interest of
1, 1947. Second high bid of 100.05
for 2M>s and 23/4s was made
by the
shall be the
1962.
.
of
Aug.
1
1948 to 1967 incl.
All of the bonds are dated
First National Bank of
of
from
works
Aug.
figure
a
option of the holder, and when so
registered they become registered
qs to both principal and interest.
Registered
bonds
ca n n o t
be
from
1
1948 to 1967 incl.
90,000
include
of the above denominations at the
$35,000 series A street intersection
will receive sealed
bids until 2 p.m. on Aug. 27 for
the
purchase
of $26,000 water
works system bonds. Issue author¬
ized at an election on July 17.
Town
Ohio
Offering—W.
at
con¬
bonds may at any time thereafter
be converted into registered bonds
less than par and accrued interest.
The
highest responsible
bidder
Jay, Okla.
Bond
1948
at
OKLAHOMA
-purchase
Bond
l%s,
for
be
or registered
bonds
$1,00Q, $5,000, $10,000,
$20,000 each, £s desired, will be
and agrees to pay. The bonds will
be sold to the highest responsible
100.306.
must
each,
sums
tion
of:
which
Burge
bids
issued for the whole
as
dated Sept. 1, 1947 and mature on
1 from 1948 to
1957 incl.
Second high bid was that of Ball,
Ohio
Authorized
has
authorizing
M-S.
Portland,
Sept.
Dover,
from
.of
which
$1,000
in
or
price of 100.145, a basis
2.483%. Sale consisted
as
Bond Sale Cancelled—Esther H.
Sexton, Clerk Board of County
Commissioners, states that the sale
All
below par. Either coupon bonds of
terest will be accepted. Registered
Township Trustees, is required.
bonds.
Nyssa, Ore.
Sale—The $125,000 bonds
offered Aug. 12—v.
166, p. 6X5—
were awarded to the
United States
Scranton
will
until
but in
apply to the entire issue of
said
(P. O.
Clerk,
bids
bear
multiple of less than l/10th of
shall
re¬
Bond
Ashtabula), Ohio
Township
ceive
in
re¬
1%. Such rate of interest when bid
1949
certified check for $150 is
$31,000
par, or better. No bids will be
Bond Offering—Harold E. Wil¬
1954.
Columbiana
Township,
R. F. D.
liams,
in
and
the rate of interest
that said bonds shall
no
on1
PENNSYLVANIA
Saybrook
to
the
ritorial limits of the District." De¬
oral
bias will be
received
sold
tax,
Treasurer Board of Education.
Denominations
NORTH DAKOTA
Leeds School
District, N. Dak.
Bond Offering—Sealed and
trict
be
unlimited
an
for
by
approv¬
ing
by
$500
1969,
name
quired.
multiples of y4
terms thereof, payable as to both
must
on
A
follows:
as
Due
$1,000 from 1950 to 1956 incl.
2% construction and improvement
bonds. Dated Sept. 1, 1947. Inter¬
rate.
offering to purchase the bonds
lowest
Aug. 28 for the pur¬
$300,000 not to exceed
of
and
for; $500.
to
1972. Bidders shall be
quired to
$7,500 school bonds. Denomination
one
1967
1970 to
for
payable to the village, is required.
City of Bot¬
tineau," in'accordance with the
bid for bonds
bonds will be awarded to the bid¬
at the
bid
1961, $28,000 in 1962 to 1964,
$29,000 in 1965 and 1966, $30,000
in
sealed bids until 8 p.m. on
Aug. 25,
at the office of
Husband & Fort
of Eugene,
for the purchase of
Portland
obligations of the
legal opinion will
state in part "in our opinion the
said bonds are valid and binding
general obligations of the Board
general
District, The
choice.
of
bonds
to
—
$1,000,
Sept. 1,
55
June 1, 1947. Due June
1, as fol¬
lows: $25,000 in 1953 to
1955, $26,000 in 1956 to 1958, $27,000 in 1959
District
Eugene),
Oregon
Offering
Leonard M.
Jensen, District Clerk, will receive
000
$20,000.
one
certified
School
Bond
been taken under the
of Squire, Sanders &
levied
(807)
County
terest. The proceedings looking to
the issuance of the bonds have
rate
'
No. 133 (P. O.
furnished without cost to the pur¬
chaser.
These
bonds are
direct
be
as to
principal only. Gen¬
obligations;■'« unlimited tax;
delivery at place of purchaser's
or
of
A
and
eral
rate
cost.
bidder offering the lowest rate, at
not less than par and accrued in¬
terable
are
successful
on them later in the day.
printed bonds and the above
approving legal opinion will be
dated July 1, 1947. The bonds will
ders
1%
the
and act
payable in New York City. Regis-
ihterest
to
The
was
crued
con¬
supported
tion $1,000. Principal and interest
issue
than
Board of Education who will meet
as
fol¬
as
less
Principal and interest payopened. The County Auditor will .able at the Peoples Savings Bank
turn over the sealed bids to the Co., Mt. Gilead. Said bonds are
1961,
March
for
fer &
rate of interest in
and
$10,000 from 1962 to 1966 inch
25,000 due
bid
10-mill
accrued interest. No
There
59,000 road and bridge refunding
on
No
the
ditional bids will be received. The
bid for
Due
within
Lane
Due
from 1962 to 1966 inch
bonds.
a
bidder will be reduced to writing
and filed with the
sealed bids.
of
V
CHRONICLE
and
'-'a :f.
Second
$290,000
No
company designated by the
successful bidder. Bids must be
after
•
bonds.
trust
which
Greensboro, N. C.
Sale—A syndicate
Bond
payable
the
Principal and interest
any suitable bank or
'
received for the $18,000 not to ex-
a
multiple of y4
l/10th of 1%, and must be the
or
C.
FINANCIAL
purchase)
follows:
as
same
Creswell,
&
Aug. 26, for the
and 1953, $1,000 in
1959, $1,500 in
of $35,000
building coupon bonds 1960 and 1961, $1,000 in
1962, $1,500
not to exceed 2%
interest, pay¬ in 1963 and 1964, $1,000 in 1965,
able M-S.
Dated
Sept. 1, 1947. and $1,500 in 1966 to 1968. Bid¬
Denomination $1,000. Due Sept. 1, ders
may bid for a different rate of
interest to be in
NORTH CAROLINA
COMMERCIAL
'3% refunding bonds. Denomina¬
Offering—John B. Dunn,
tion.
City Treasurer, infill receive sealed
Due
bids until 3
in
25
for
the
refunding,
p.m.
(EST)
purchase
series 2
of
on
Aug.
$559,000
bonds. Dated
$1,000.
on
Oct.
1948 to
Dated
Oct.
1,
1947.
1, as follows: $3,000
1950, $4,000 in 1951 to
1963, $5,000 in
$6,000 in 1967.
1964 to 1966, and
(808)
THE
Hempstead,
s
Texas
Dated
Bonds Sold—An issue of
street
improvement
purchased
Co.,
son
bonds
tion
Hill
Sept. 20, 1947. Denomina¬
tion $1,000. Due
Sept. 20, as fol¬
lows: $43,000 in 1948 to
1952, and
$42,000 in 1953 to 1957. Bids shall
specify the interest rate and shall
specify alternately whether the
$50,000
bonds
was
by the Ranson-DavidIV2S
as
and
21Us.' The
authorized at
were
an
elec¬
March 25.
on
County
(P.
bonds
O.
date
$175,000 road
and bridge refunding bonds were
purchased by Wm. N. Edwards &
Co., of Fort Worth, and Moss,
Moore Co., of Dallas, jointly.
Ladonla
Texas
will
Sept. 4 for the purchase
of $45,000 not to exceed 4% school
bonds. Interest A-O. Dated
1,
Due
1947.
Oct.
1,
Denomination
$500.
$500 in
follows:
as
1948 to
1950, $1,000 in 1951 to
1956, $1,500 in 1957 to 1964, $3,000
in 1965 to 1968,
$3,500 in 1969 to
1971, and $3,000 in 1972. Rate or
rates
to
be
in
successful
of
on
of
approximately,
name
rate
a
or
combination of
two rates with their bid which is
*
nearest
bonds
and
par
Alternate
bids
accrued
interest.
are
requested on
option of redemption
with
10 years from their date. All
bids
must be submitted on a
bid blank
above
to
uniform
furnished by the
be
Superintendent.
'
trict
will
furnish
The
the
Dis-
printed
bonds, the approving opinion of
any recognized market
attorney of
the purchasers'
choice, and will
deliver
the
bonds
to
the
bank
designated
by
the
purchasers
without cost to them. It
is antic¬
ipated that delivery can be ef¬
fected
within
LaSalle
Base,
Bond
1947,
Legality Approved
An
$80,000 2%% and 3%%
bonds, dated May 15,
has
been
approved
legality by Dumas
&
Dallas.
as
Huguenin
to
of
divided
Pre-Election Sale—The
$300,000
road
bonds have been
Roche & Co.,
purchased
Austin,
an
election to be held
subject
on
23.
McLennan County,
v.'—":
Aug.
(P. O. Waco),
Texas
Bond
County
sealed
Offering—Tom A. Craven,
Auditor,
will
receive
bids
until
Du
1952,
$2,000
as
in
in
'
Dated
1949 to
and
1954, $6,000 in
1956, $7,000 in 1957
to 1960, $8,000 in 1961
to 1963,
1955
and
$9,000
in
to
1967.
These
1964
interest
1,
1947.
payable
a
submitted
on
2
p.m.
on
Aug.
25 for the purchase
of $425,000 not
to exceed 3%
interest, road, series
1947 eoupon bonds.
Interest M-S.
Buy U.S. Savings Bonds
REGULARLY
which
Vs
of
1%.
Pro¬
thereof, and
bids,
or
any bid
not
of
Canada
comply¬
the
notice
The
City
bonds, a
the printed
enacted
The
bonds
CANADIAN
that
delivery can be ef¬
approximately 60 days.
certified check for
1966, and
$10,000 in 1967.
153,000 permanent improvement
bonds. Due March
1, as fol¬
lows: $5,000 in 1948
and 1949,
County
$6,000 in 1950, $7,000 in
1951, approximately, but not less
than,
$6,000 in 1952, $7,000 in
par and accrued
1953,
interest. The low¬
$6,000 in 1954, $7,000 in
1955, est net cost to the
County will be
$6,000 in 1956, $7,000 in 1957 the prime
factor in
and 1958, 8,000 in 1959
determining
to 1962, the acceptable
bidder. Bids will
$10,000 in 1963 and 1964, $11,- be
$500,
the year.
in
U.
S.
are
Oct.
15,
$100,000,000
______—;
Obligations
Canadian National
W
4VaS,
48,000,000
Ry. Co.:
1955—
4V2 3,
Bond Election—At the
Novem¬
ber general
election the voters
will consider an issue
of
\
1951_
4%S,
Virginia
1956
'
_
4,/2S,
5s,
$750,000
1957-—1969—
5S
1970
Canadian
school construction bonds.
dies)
—
-
Nat'l
25
1,'
Jan.
Dominion-Guaranteed
Warwick County (P. O.
Denbigh),
de¬
Dollars)
1
VIRGINIA
-
in
added
OBLIGATIONS—Subdivision
/(Payable
1961/56
combina¬
more than two
rates in
multiples of y8 of 1%. It is the
in¬
tention of the
County to sell the
bonds at the lowest
interest rate
or rates that
will net the
earlier
thus
Dominion Issues
External
4s,
due
1960/50
External 3V4S, due
a
tion of not
of
scribed herewith:
by the purchaser
without cost to him. It is
antici¬
payable to the City.
(Dominion of)
as
will deliver the bonds
to the
bank designated
a
of
July 1
1947, in accordance
with legisla¬
tion
attorney of the purchasers'
choice,
Enclose
that
Bonds Added to
New York
Legals List—As
previously noted in
v. 1-36,
p. 55, various
bonds of the
Dominion and local
government-?
were made
legal investments
in
New York State
part
any
of the
in
was
CANADA
considered only on
10-year option of re¬
The right is reserved
ing with the terms
pated
^ 1962
°n
accrued interest.
rates named must be
all
fected
?<j^ 1962
°n
is
and
place
(West
48,022,000
48,496,000
67,368,000
64,136,000
57,729,00017,338,000
In¬
Steamships, Ltd.:
5s,
1955—
Grand Trunk
——_
9,400,000
Pacific Ry. Co.:
WASHINGTON
4s, 1962,
accepted on bonds
Sterling—:
7,999,000
bearing an
1st
3s,
1965, $10,000 in 1966, option of
1962——
26,465,000
redemption 10 years Lewis County, Winlock Sch.
National
and $11,000 in 1967.
Harbours
Dist.
Board
from date. The
County will furnish
(successors to Montreal
No. 232 (P. O.
10,000 park bonds. Due
Winlock),
Harbour Commiss'ners):
$1,000 the printed bonds, a
copy of the
Wash.
March
1,
Harbour Commissioners of
1948,
legal
1950,
1952
proceedings, the approving
Bond Offering—Sealed
Montreal 5s, 1969—
1954, 1956, 1958, 1960, 1962, opinion of
bids will
19,000,000
New
any recognized bond be
Westminster
1964 and 1966.
Harbour
received
by Harold
market
Quick,
Commissioners: : :'i- :
attorney, and will deliver
County Treasurer, until 10 a.m.
Dated Sept. 1, 1947.
Debenture 4%s,
Denomina¬ the bonds to the bank
1948—
700,000
Provinces
designated on Aug. 29 for the
tion $1,000. These
purchase of
bonds are part by the purchaser, all
British Columbia—
without cost $77,500
of the
56,230,000
to him. It is
building bonds, not to ex¬
$558,000 issue authorized at
Manitoba
anticipated that the ceed 3%
35,932,000
the election held on
Ontario
interest, payable semi¬
April 26. In bonds can be delivered
204,434,000
within annually. Due in 15
Quebec
each bond scheduled
60 days.
years. These
to mature on
62,000,000
Enclose a certified
Saskatchewan
'
check bonds were authorized
and after March
39,687,000
at the gen¬ Cities1* ;
1, 1958, the City for $4,380, payable to the
••>■<'' '■
:' •' /
County. eral election held on Nov. 5, 1946.
shall retain an
"■Ottawa,
option of payment
Ont.____
3,250,000
Nueces
Enclose a certified check
"■Toronto, Ont.
prior to maturity on
County (P. O. Corpus
for 5%
32,100.000
any interest
of the amount of
"■Winnipeg, Man.
12,300,600
payment date on and after
the bonds.
Christi), Texas
March
Warrant
/
1, 1957, at a price of
Offering—C. J. Wilde,
Yakima
par and ac¬
$960,586,000
County School District
County
crued interest
Auditor,
will
"■Obligations shall be legal for
receive
plus a premium of
No. 203 (P. O.
purchase
sealed bids until
Yakima), Wash.
only if the issuing
5% of the
10:30 a.m. on
principal, such premium
municipality has power
io
Bond Sale—The issue
Sept. 2 for the purchase
levy-taxes on the taxable real
to be reduced
of $98,600
property
of $220,on March
therein, for the
1, 1958 to 000
general obligation bonds was
payment of such obliga¬
2%% road and
pur¬
4V2%, with a further reduction of
tions without
bridge war¬ chased
limitation of rate or amount.
rants. Dated
by Fordyce & Co., of Port¬
V2 of 1 % on March 1 of
Sept. 10, 1947. Due
each
year, $8,000 in
land, at 100.02, a net interest cost
1949; $15,000 in
provided that there shall
be no
1950; of 1.936%, as
QUEBEC
I
$20,000 in 1951;
follows: For $40,000
premiufn
on
$25,000 from
000
in
„
____.
—____
,
.
.
1,
that year.
name
the
1967, if
Bidders
rate
maturing
during
to
called
invited to
interest the
of
bonds
cost
to
at
sanitary
bonds, authorized
on
the
amount
of
opinion
of
the
At¬
9,
sewer revenue
at
have
an
been
election
sold
as
Sinton),
Details—In
tion with the sale
of
bonds
bonds.
bidder may
specify
that if the
bonds are not
available
for
delivery by Oct. 10,
1947, the
successful bidder
may at his op¬
tion be relieved
of further
liabil¬
ity to accept the
bonds, where¬
upon the good
faith check filed
Pl^^r
with the bid
will be
returned and
likewise after the
return of such
check the
City shall be relieved
of further
obligation to the suc¬
cessful bidder.
Enclose
check
Ask where
you WORK
Ask where
you BANK
for
a
certified
$6,500, payable
City.
to
the
County Road Districts
Newton), Texas
Bond
Offering—O. L.
Burnham,
County Judge, will receive
sealed
(P- O.
1959, and $6,000 from
2s.
as
second
reported
$500,000
a
price
bought
of
par,
as
Elkins, W.
Bond
as
2V2s.
Dated
1947.
$80,000
follows:
to
be
held
consider
of
was
offered for sale at 8
p.m. on Aug.
The bonds are
dated Sept.
10,
1947.
Denomination $1,000. Due
March 10, as
follows: $2,000 from
22.
to
1952,
inclusive,
1953
to
Principal
and $10,1959, inclusive.
and interest
payable at
place designated
by the pur¬
chaser. Bonds were
authorized at
an election
on
July 19. Alternate
a
bids
were
asked
on
bonds to be
optional after five
years from date
of issue.
.
Bond
Ratcliff
until
8
Offering
will
p.m.
Texas
—
Mayor
receive
on
sealed
soon
Commerce,
$24,000,
T
bids
Sept. 1, for the
purchase of
$25,000 not to exceed
an
cost
improvement
07.
The
1947
election
Port
bonds
and
1948 to
will
dated
are
mature
to A.
Sale—The
$50,000
166,
The
p.
.
iv2s, at
equal to
issue
Bank
a
of
premium
are
mature
1967
to
Arcadia
of
15, 1947
on
Aug.
15
Sec¬
lV2s
by the Milwaukee
Co.,
Milwaukee.made
;
Bond
Sale
to
The
Chicago,
—
The
bonds
Northern
as
$640,000 im¬
were
All
of
the
bonds
are
Rouyn, Que.
Bonds Sold—An issue of
$150,-
000
improvement
awarded
J. E.
to
Co., and
La
of
net
interest cost of
1.172%. The bonds
offered on Aug.
11—v,. 166,
p.
616—and are dated
Sept. 1,
1947, Divided as
follows:
>
$200,000
sewer
bonds.
Due
on
Sept. 1 from 1948 to
1962
a
98.42,
Corporation
Quebec,
a
bonds was
composed of
Oscar Dube &
group
Laflamme,
all of
as
3s, at
de Prets,
a
price of
basis of about 3.178%. The
dated May 1, 1947 and
are
mature in from 1 to 20
years.
awarded
Trust Co.,
1.20s, at 100.2351, a
inclusive.
incl.
dated Sept.
1,1947.
bonds
Madison, Wis.
provement
of
2.638%,
$146.00,
from 1948 to
1958, inclusive.
ond high bid of
100.29 for
was
$70r
11
as
a basis of 1.453%
dated Aug.
serially
of
sold Aug.
Ames & Co., of Toronto,
100.47, a basis of
as follows: $54,300
2V2S, due from 1948 to 1957 incl.,
and $15,700
3s, due from 1958 to>
1
awarded
100.292,
The bonds
and
516—were
State
price
a
about
road
building bonds offered Aug.
E.
at
1,
Arcadia), Wis.
v.
from
Rouge Sch. Commission, Que*
was
Bond
Sept. 1,
serially
1967 inclusive.
Bonds Sold—An
000 school bonds
F. D.
was
Ames &
price of 100.-
a
.
R.
bonds
Aug. 4 to A. E.
Co., of Toronto, at
WISCONSIN
Glencoe (P. O.
about
Bonds Sold—An issue of
$300,-
awarded
voters
of
Megantic, Que.
and
issue of $85,000
bridge
an
were
J.
the
interest
3.027%. Due from 1948 to 1967.
construction bonds.
1962, in¬
Sept. 1,
Offered
An
issue
school house
bonds
from
of
Va.
Election—At
inclusive, as
2s, and $1,000,000
maturing $100,Sept. 1, 1953 to
clusive,
net
a
WEST VIRGINIA
-
Plouffe, Que.
a
Savard, Hodgson, &
Co., of Montreal, as 3s, at 99.64,
The
that
was
of
Seattle, for $74,000, 2s
000 from
000
bid
Bank
road
by
Ranson
166, p. 712, it is
bonds were
the
L'Abcrd
1960 to
M-S.
■
Bond Sale—An
issue of $130,000
water and
filtration bonds was
awarded to
000
$500,000 maturing
$100,000 from
Sept. 1, 1948 to
1952,
1948
Interest
highest
National
—
Sonora,
Newton
and
Texas
—
The
Sept. 1, $4,000 from
incl.; $5,000 from 1954
incl.; as l%s, and $58,000
maturing Sept. 1, $5,000 in 1958
connec¬
purchased
Davidson Co.
v.
at
on
214 s.
San Patricio
(P. O.
Bond Sale
the
City
will furnish to
the purchaser the
Aug.
maturing
1949 to 1953
to 1957
1967
3V2S.
the
premium (if
any) bid from the
aggregate amount of
interest upon
all of the
bonds until their
respec¬
tive scheduled
maturities. No bid
for less than
par and accrued in¬
terest or for less
than all of the
bonds will be
considered. The
Sale—The $125,000 water
works and
City
as the best
bid;
determined by de¬
will be
considered
such cost to be
approving
$27,000 in
Odem, Texas
Bond
offering to
the
ducting the total
and
are
bonds are to bear.
Split interest
rate bids will be
eligible but the
rates must be in
multiples of 1/4
of 1%. No
bid may
name more
than 3 rates.
The bid
purchase all of
lowest interest
1952
1957, inclusive,
1958.
Interest M-S.
torney-General of Texas and
'
of
McCall, Parkhurst &
Sinton
Crowe, of
Independent School
Dallas, together with a
District,
complete
Texas
transcript of proceedings of the
Bonds
•
bid
1962
bonds.
Second highest
bid
proceedings, and the
approving opinion of any market
designated by the purchaser.
Bids
to
required to
combination of
be
will furnish
Principal
at
are
of sale will be
rejected.
on
will
approximately,
their
or
reject
that
sewer
„
to
Sept. 1 from
1948
inclusive.
80,000
sewer
bonds.
Sept. 1 from 1948
inclusive.
the
par and accrued
or
multiple of
copy
Sept.
may be
to
bonds
election held
an
a
175,000
City
at
Due
1948
and
par
demption.
July 12.
Road
District
No.
11
bonds. Due Sept.
1, as follows:
$500 in 1948 and
1949, and
$1,000 in 1950 to 1977. These
bonds carried at an
election
held on July 19.
sewer bonds. Due March
1,
follows: 4,000 in
1948, $5,-
000
with
posals will
an
June 7.
1953 to 1967.
35,000
on
at
29,000
and
rates
nearest
bonds with
carried at
follows:
to
the rate
Any rate
carried
than,
name
bonds
cost
of
Bidders
in
1958
on
water
1948
interest.
30,000 Road District No. 10 bonds.
Due Sept. 1, as follow:
$1,000
in 1948 to
1957, and $2,000 in
works bonds. Due
March 1, as follows:
$1,000 in
March
Marion County
(P. O. Jefferson),
Texas
to
as
but not less
au-
held
These- bonds
Aug.*
27 for the purchase of
$333,000 not
to
exceed 3 V2 %
interest bonds,
$135,000
price
a
1951, $3,000 in 1952
1964, $4,000 in 1965 to 1972,
and $5,000 in
1973 to 1977.
receive
a.m.
bonds
.
by
10
interest
bring
of'the
the
bonds.
,
—
of
building
Bernice
will
bids until
lowest
sell
sewer
Sept. 1 from
inclusive.
—
(P. O. Cotulla),
T exas
issue
Secretary,
sealed
intention
to
in 1948 to
of the amount
—
the
185,000
_______
County Consolidated
County Line School District
1
Offering
were
election
an
is
to
be
Monahaps, Texas
Bond
It
Council
12.
100,000 Road District No. 3 bonds.
Due Sept. 1, as follows:
$1,000
certi¬
a
station bonds.
Interest
M-N.
Dated May 1, 1947.
Due
$1,000 May 1, 1948 to 1972. Bonds
to be optional 10
years from date.
road
follows:
bonds
at
Monday; August
25, 1947
fire
—
approximately
60
days. Enclose a certified check for
$900, payable to the District.
No.
to
These
election held
bidder. It is the inten¬
Board of Trustees of
price
a
Aug. 23. Enclose
fied check for 5%
bid.
said
bring
election
as
M-S,
3%
Juiy
on
if
an
of
Aug. 25 for
$219,000 not to
interest,
thorized
of the
the
but not less than,
par and accrued
interest. Bidders are required to
1967.
at
required.
being offered for
are
subject to
multiples of
District to sell the bonds at
the lowest interest cost that will
furnished
sale
Vs of
1%. Principal and interest payable
at the place
designated by the
tion
be
3%
on
No. 2 bonds.
Due Sept. 1, as follows:
$2,000
in 1948 to 1952,
$3,000 in 1953
to 1962, and $4,000 in 1963 to
without
payable
a.m.
CHRONICLE
$60,000 Road District
,
These bonds
Grady Fowler,
of Schools, until
house
be
or
are
10
FINANCIAL
bonds, divided
Approving
opinion
of
Chapman & Cutler, of Chicago,
8 p.m. on
Oct.
issuance,
Bonds
&
purchase
include option of re¬
after five years from
held
Bond Offering—Sealed bids will
be
received
by
the
exceed
Waco.
Independent Sch. Dist.,
Superintendent
of
option.
Sale—The
bids until
shall
demption
Hillsboro),
Texas
Bond
COMMERCIAL
:
56
St.
Joseph, Que.
Bonds Sold—An issue
of
water works and
was
awarded
Aug.
$70,000
paving bonds
6 to McNeil,
Mantha, Inc., and the Societe De
Placements, Inc., both of Montreal,
jointly, as 2V2S, at a price of 97.39,
basis of about
2.767%. The bonds
dated July 1, 1947 and mature
serially from 1948 to 1967 incl.
a
are
@FedFRASER